Murphy Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
DIAGEO ADR	ADR	25243Q205	456	4,395	SH		SOLE		0	0	4,395
NESTLE S A SPONSORED ADR	ADR	641069406	5,146	71,609	SH		SOLE		0	0	71,609
SHIRE PLC SPONSORED ADR	ADR	82481R106	565	3,321	SH		SOLE		0	0	3,321
UNILEVER PLC ADR	ADR	904767704	872	21,438	SH		SOLE		0	0	21,438
ABBOTT LABORATORIES	COM	002824100	488	12,706	SH		SOLE		0	0	12,706
ABBVIE INC. COM	COM	00287Y109	626	10,001	SH		SOLE		0	0	10,001
AETNA	COM	00817Y108	703	5,675	SH		SOLE		0	0	5,675
AFLAC	COM	001055102	1,148	16,500	SH		SOLE		0	0	16,500
AGNC INVT CORP COM	COM	00123Q104	328	18,130	SH		SOLE		0	0	18,130
AIR PRODUCTS & CHEMICALS	COM	009158106	1,729	12,025	SH		SOLE		0	0	12,025
ALLEGION PUB LTD CO ORD SHS	COM	G0176J109	674	10,541	SH		SOLE		0	0	10,541
ALLERGAN PLC SHS	COM	G0177J108	818	3,896	SH		SOLE		0	0	3,896
ALLSTATE CORP	COM	020002101	362	4,897	SH		SOLE		0	0	4,897
ALPHABET INC CAP STK CL A	COM	02079K305	3,975	5,017	SH		SOLE		0	0	5,017
ALPHABET INC CAP STK CL C	COM	02079K107	4,723	6,120	SH		SOLE		0	0	6,120
ALTRIA GROUP	COM	02209S103	11,043	163,320	SH		SOLE		0	0	163,320
AMAZON	COM	023135106	6,479	8,641	SH		SOLE		0	0	8,641
AMERICAN ELECTRIC POWER	COM	025537101	1,484	23,576	SH		SOLE		0	0	23,576
AMERICAN EXPRESS	COM	025816109	1,903	25,700	SH		SOLE		0	0	25,700
AMERICAN INTL GROUP COM NEW	COM	026874784	5,174	79,230	SH		SOLE		0	0	79,230
AMERICAN STATES WATER	COM	029899101	776	17,050	SH		SOLE		0	0	17,050
AMERICAN WTR WKS CO IN COM	COM	030420103	949	13,125	SH		SOLE		0	0	13,125
AMGEN	COM	031162100	1,570	10,744	SH		SOLE		0	0	10,744
ANADARKO PETROLEUM	COM	032511107	493	7,075	SH		SOLE		0	0	7,075
APACHE	COM	037411105	695	10,951	SH		SOLE		0	0	10,951
APPLE COMPUTER	COM	037833100	22,647	195,542	SH		SOLE		0	0	195,542
AQUA AMERICA	COM	03836W103	306	10,212	SH		SOLE		0	0	10,212
ARMOUR RESIDENTIAL REI COM NEW	COM	042315507	286	13,192	SH		SOLE		0	0	13,192
ASHLAND GLOBAL HLDGS I COM	COM	044186104	469	4,300	SH		SOLE		0	0	4,300
AT&T, INC.	COM	00206R102	8,108	190,648	SH		SOLE		0	0	190,648
ATMOS ENERGY	COM	049560105	479	6,469	SH		SOLE		0	0	6,469
AUTOMATIC DATA PROCESSING	COM	053015103	557	5,424	SH		SOLE		0	0	5,424
BANK OF AMERICA	COM	060505104	545	24,689	SH		SOLE		0	0	24,689
BARD (C.R.) INC	COM	067383109	1,156	5,146	SH		SOLE		0	0	5,146
BAXTER INTERNATIONAL	COM	071813109	1,077	24,295	SH		SOLE		0	0	24,295
BECTON DICKINSON	COM	075887109	2,063	12,463	SH		SOLE		0	0	12,463
BELL CANADA ENTERPRISES (NEW)	COM	05534B760	632	14,631	SH		SOLE		0	0	14,631
BERKSHIRE HATHAWAY INC CL B NE	COM	084670702	7,287	44,717	SH		SOLE		0	0	44,717
BIOGEN IDEC INC	COM	09062X103	262	925	SH		SOLE		0	0	925
BIOTECHNOLOGY	COM	464287556	2,912	10,975	SH		SOLE		0	0	10,975
BLACK HILLS	COM	092113109	346	5,650	SH		SOLE		0	0	5,650
BOEING	COM	097023105	7,960	51,136	SH		SOLE		0	0	51,136
BRISTOL MYERS SQUIBB	COM	110122108	2,633	45,063	SH		SOLE		0	0	45,063
BT GROUP PLC ADR	COM	05577E101	446	19,400	SH		SOLE		0	0	19,400
CALIFORNIA WATER SERVICE GROUP	COM	130788102	284	8,400	SH		SOLE		0	0	8,400
CANADIAN NATIONAL RAILWAY	COM	136375102	451	6,700	SH		SOLE		0	0	6,700
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	1,504	10,535	SH		SOLE		0	0	10,535
CARDINAL HEALTH	COM	14149Y108	228	3,168	SH		SOLE		0	0	3,168
CATERPILLAR	COM	149123101	1,243	13,412	SH		SOLE		0	0	13,412
CELGENE	COM	151020104	3,226	27,871	SH		SOLE		0	0	27,871
CENTERPOINT ENERGY	COM	15189t107	4,080	165,601	SH		SOLE		0	0	165,601
CHEVRON CORP	COM	166764100	5,900	50,127	SH		SOLE		0	0	50,127
CHINA GOLD CORP COM	COM	16938L106	0	140,000	SH		SOLE		0	0	140,000
CHUBB CORP	COM	H1467J104	235	1,780	SH		SOLE		0	0	1,780
CIGNA	COM	125509109	1,763	13,220	SH		SOLE		0	0	13,220
CISCO SYSTEMS	COM	17275R102	1,354	44,822	SH		SOLE		0	0	44,822
CITIGROUP	COM	172967424	1,844	31,031	SH		SOLE		0	0	31,031
CLOROX COMPANY	COM	189054109	677	5,648	SH		SOLE		0	0	5,648
CMS ENERGY	COM	125896100	221	5,325	SH		SOLE		0	0	5,325
COCA COLA	COM	191216100	6,134	147,967	SH		SOLE		0	0	147,967
COLGATE PALMOLIVE	COM	194162103	2,186	33,410	SH		SOLE		0	0	33,410
COMCAST CORP CL A	COM	20030N101	3,162	45,793	SH		SOLE		0	0	45,793
CONOCOPHILLIPS	COM	20825C104	734	14,640	SH		SOLE		0	0	14,640
CONSOLIDATED EDISON	COM	209115104	2,184	29,641	SH		SOLE		0	0	29,641
CONSTELLATION BRANDS	COM	21036P108	374	2,440	SH		SOLE		0	0	2,440
COSTCO WHOLESALE	COM	22160K105	1,114	6,960	SH		SOLE		0	0	6,960
CSX	COM	126408103	1,974	54,959	SH		SOLE		0	0	54,959
CVS CORP	COM	126650100	833	10,559	SH		SOLE		0	0	10,559
DANAHER	COM	235851102	276	3,550	SH		SOLE		0	0	3,550
DAVITA	COM	23918K108	312	4,866	SH		SOLE		0	0	4,866
DJ SELECT DIVIDEND	COM	464287168	275	3,114	SH		SOLE		0	0	3,114
DJ US BASIC MATERIALS	COM	464287838	624	7,505	SH		SOLE		0	0	7,505
DJ US ENERGY	COM	464287796	532	12,811	SH		SOLE		0	0	12,811
DJ US HEALTHCARE	COM	464287762	6,917	47,997	SH		SOLE		0	0	47,997
DJ US HEALTHCARE PROVIDERS	COM	464288828	2,805	22,395	SH		SOLE		0	0	22,395
DJ US MEDICAL DEVICES	COM	464288810	1,805	13,563	SH		SOLE		0	0	13,563
DJ US TECHNOLOGY	COM	464287721	1,878	15,618	SH		SOLE		0	0	15,618
DJ US TRANSPORTATION	COM	464287192	307	1,890	SH		SOLE		0	0	1,890
DJ US UTILITIES SECTOR	COM	464287697	707	5,810	SH		SOLE		0	0	5,810
DOMINION RESOURCES	COM	25746U109	3,012	39,339	SH		SOLE		0	0	39,339
DOW CHEMICAL	COM	260543103	1,111	19,430	SH		SOLE		0	0	19,430
DTE ENERGY	COM	233331107	282	2,865	SH		SOLE		0	0	2,865
DU PONT	COM	263534109	4,286	58,397	SH		SOLE		0	0	58,397
DUKE ENERGY CORP NEW	COM	26441c204	2,867	36,947	SH		SOLE		0	0	36,947
DUKE REALTY INVESTMENTS	COM	264411505	663	24,976	SH		SOLE		0	0	24,976
EASTMAN CHEMICAL	COM	277432100	650	8,650	SH		SOLE		0	0	8,650
EDISON INTERNATIONAL	COM	281020107	578	8,033	SH		SOLE		0	0	8,033
EDWARDS LIFESCIENCES	COM	28176E108	431	4,604	SH		SOLE		0	0	4,604
ELI LILLY	COM	532457108	1,499	20,384	SH		SOLE		0	0	20,384
EMERSON ELECTRIC	COM	291011104	794	14,255	SH		SOLE		0	0	14,255
ENERGY TRANSFER EQUITY COM UT	COM	29273V100	298	15,475	SH		SOLE		0	0	15,475
ENTERPRISE PRODUCTS PARTNERS L	COM	293792107	4,121	152,440	SH		SOLE		0	0	152,440
EOG RESOURCES	COM	26875P101	535	5,300	SH		SOLE		0	0	5,300
ESTEE LAUDER CL A	COM	518439104	656	8,584	SH		SOLE		0	0	8,584
EVERSOURCE ENERGY COM	COM	30040W108	321	5,821	SH		SOLE		0	0	5,821
EXPRESS SCRIPTS	COM	30219g108	319	4,650	SH		SOLE		0	0	4,650
EXXON MOBIL	COM	30231G102	12,658	140,239	SH		SOLE		0	0	140,239
F M C CORP COM NEW	COM	302491303	237	4,200	SH		SOLE		0	0	4,200
FACEBOOK INC CL A	COM	30303M102	7,895	68,629	SH		SOLE		0	0	68,629
FAIR ISAAC CORP COM	COM	303250104	232	1,950	SH		SOLE		0	0	1,950
FEDEX	COM	31428x106	2,572	13,813	SH		SOLE		0	0	13,813
FIRST TR EXCH TRD FD DJ INTERN	COM	33733E302	10,581	132,550	SH		SOLE		0	0	132,550
GATX CORP COM	COM	361448103	520	8,450	SH		SOLE		0	0	8,450
GENERAL DYNAMICS	COM	369550108	3,099	17,950	SH		SOLE		0	0	17,950
GENERAL ELECTRIC	COM	369604103	7,594	240,333	SH		SOLE		0	0	240,333
GENERAL MILLS	COM	370334104	3,317	53,700	SH		SOLE		0	0	53,700
GENUINE PARTS	COM	372460105	511	5,350	SH		SOLE		0	0	5,350
GILEAD SCIENCES	COM	375558103	715	9,995	SH		SOLE		0	0	9,995
GLAXOSMITHKLINE ADR	COM	37733W105	204	5,300	SH		SOLE		0	0	5,300
GOLDMAN SACHS GROUP	COM	38141G104	1,169	4,885	SH		SOLE		0	0	4,885
GOLDMAN SACHS SOFTWARE	COM	464287515	361	3,320	SH		SOLE		0	0	3,320
GOLDMAN SACHS TECHNOLOGY	COM	464287549	231	1,870	SH		SOLE		0	0	1,870
HALLIBURTON	COM	406216101	369	6,828	SH		SOLE		0	0	6,828
HELMERICH & PAYNE	COM	423452101	332	4,300	SH		SOLE		0	0	4,300
HERSHEY COMPANY	COM	427866108	1,951	18,865	SH		SOLE		0	0	18,865
HOME DEPOT	COM	437076102	13,272	98,990	SH		SOLE		0	0	98,990
HONEYWELL INTERNATIONAL	COM	438516106	6,222	53,712	SH		SOLE		0	0	53,712
HUNTSMAN CORP COM	COM	447011107	228	12,000	SH		SOLE		0	0	12,000
IBM	COM	459200101	7,114	42,858	SH		SOLE		0	0	42,858
ILLINOIS TOOL WORKS	COM	452308109	385	3,150	SH		SOLE		0	0	3,150
INGERSOLL RAND	COM	G47791101	2,913	38,820	SH		SOLE		0	0	38,820
INTEL	COM	458140100	935	25,798	SH		SOLE		0	0	25,798
INTERNATIONAL PAPER	COM	460146103	2,443	46,046	SH		SOLE		0	0	46,046
ISHARES TR DJ OIL EQUIP	COM	464288844	257	5,661	SH		SOLE		0	0	5,661
ISHARES TR DJ PHARMA INDX	COM	464288836	4,446	31,443	SH		SOLE		0	0	31,443
ISHARES TR DJ US FINL SEC	COM	464287788	1,807	17,810	SH		SOLE		0	0	17,810
ISHARES TR DJ US REAL EST	COM	464287739	221	2,875	SH		SOLE		0	0	2,875
ISHARES TR HGH DIV EQT FD	COM	46429B663	217	2,645	SH		SOLE		0	0	2,645
ISHARES TR MSCI INDIA ETF	COM	46429B598	408	15,255	SH		SOLE		0	0	15,255
ISHARES TR RESIDENT INDEX	COM	464288562	477	7,705	SH		SOLE		0	0	7,705
ISHARES TR S&P GL C STAPL	COM	464288737	319	3,465	SH		SOLE		0	0	3,465
JOHNSON & JOHNSON	COM	478160104	12,053	104,618	SH		SOLE		0	0	104,618
JOHNSON CTLS INTL PLC SHS	COM	G51502105	549	13,339	SH		SOLE		0	0	13,339
JP MORGAN CHASE	COM	46625H100	9,407	109,017	SH		SOLE		0	0	109,017
JPMORGAN CHASE & CO ALERIAN ML	COM	46625H365	1,558	49,300	SH		SOLE		0	0	49,300
KELLOGG	COM	487836108	538	7,300	SH		SOLE		0	0	7,300
KIMBERLY CLARK	COM	494368103	2,780	24,361	SH		SOLE		0	0	24,361
KIMCO REALTY	COM	49446R109	212	8,450	SH		SOLE		0	0	8,450
KINDER MORGAN	COM	49456B101	292	14,130	SH		SOLE		0	0	14,130
KRAFT HEINZ CO COM	COM	500754106	1,582	18,124	SH		SOLE		0	0	18,124
KROGER	COM	501044101	1,205	34,946	SH		SOLE		0	0	34,946
L3 TECHNOLOGIES INC COM	COM	502413107	1,030	6,775	SH		SOLE		0	0	6,775
LAM RESEARCH	COM	512807108	687	6,500	SH		SOLE		0	0	6,500
LOCKHEED MARTIN	COM	539830109	2,355	9,424	SH		SOLE		0	0	9,424
LOWES COMPANIES	COM	548661107	2,105	29,600	SH		SOLE		0	0	29,600
MAGELLAN MIDSTREAM PARTNERS LP	COM	559080106	4,103	54,252	SH		SOLE		0	0	54,252
MASTERCARD INC COM	COM	57636Q104	1,294	12,536	SH		SOLE		0	0	12,536
MCCORMICK & CO INC COM NON VTG	COM	579780206	919	9,850	SH		SOLE		0	0	9,850
MCDONALDS	COM	580135101	6,607	54,285	SH		SOLE		0	0	54,285
MCKESSON	COM	58155Q103	1,238	8,820	SH		SOLE		0	0	8,820
MEAD JOHNSON NUTRI CO COM CL A	COM	582839106	596	8,435	SH		SOLE		0	0	8,435
MEDTRONIC	COM	G5960L103	377	5,300	SH		SOLE		0	0	5,300
MERCK & CO INC NEW COM	COM	58933Y105	2,786	47,329	SH		SOLE		0	0	47,329
MGE ENERGY INC COM	COM	55277P104	347	5,325	SH		SOLE		0	0	5,325
MICROSOFT	COM	594918104	4,476	72,040	SH		SOLE		0	0	72,040
MID-AMERICA APARTMENT COMMUNIT	COM	59522J103	239	2,450	SH		SOLE		0	0	2,450
MIDDLESEX WATER	COM	596680108	390	9,100	SH		SOLE		0	0	9,100
MIMEDX GROUP INC COM	COM	602496101	201	22,700	SH		SOLE		0	0	22,700
MMM (3M COMPANY)	COM	88579Y101	10,729	60,087	SH		SOLE		0	0	60,087
MONDELEZ INTL INC CL A	COM	609207105	460	10,376	SH		SOLE		0	0	10,376
MSCI EAFE	COM	464287465	2,130	36,910	SH		SOLE		0	0	36,910
MSCI EMERGING MARKET	COM	464287234	343	9,800	SH		SOLE		0	0	9,800
NETFLIX	COM	64110L106	392	3,173	SH		SOLE		0	0	3,173
NEXTERA ENERGY INC COM	COM	65339F101	833	6,980	SH		SOLE		0	0	6,980
NORFOLK SOUTHERN	COM	655844108	1,380	12,770	SH		SOLE		0	0	12,770
NORTHERN TRUST	COM	665859104	204	2,300	SH		SOLE		0	0	2,300
NORTHROP GRUMMAN	COM	666807102	929	3,997	SH		SOLE		0	0	3,997
NOVARTIS AG ADR	COM	66987V109	923	12,673	SH		SOLE		0	0	12,673
OCCIDENTAL PETROLEUM	COM	674599105	600	8,434	SH		SOLE		0	0	8,434
ONEOK	COM	682680103	219	3,822	SH		SOLE		0	0	3,822
OPEN TEXT	COM	683715106	241	3,900	SH		SOLE		0	0	3,900
ORACLE	COM	68389X105	732	19,060	SH		SOLE		0	0	19,060
OTTER TAIL	COM	689648103	204	5,000	SH		SOLE		0	0	5,000
OWENS CORNING NEW COM	COM	690742101	306	5,950	SH		SOLE		0	0	5,950
PEPSICO	COM	713448108	6,249	59,729	SH		SOLE		0	0	59,729
PFIZER	COM	717081103	2,073	63,825	SH		SOLE		0	0	63,825
PG & E	COM	69331C108	279	4,600	SH		SOLE		0	0	4,600
PHILIP MORRIS INTL INC COM	COM	718172109	2,465	26,951	SH		SOLE		0	0	26,951
PHILIPS ELECTRONICS (KONINKLIJ	COM	500472303	388	12,700	SH		SOLE		0	0	12,700
PIONEER NATURAL RESOURCES	COM	723787107	19,968	110,895	SH		SOLE		0	0	110,895
PLAINS ALL AMERICAN PIPELINE L	COM	726503105	250	7,762	SH		SOLE		0	0	7,762
PORTLAND GEN ELEC CO COM NEW	COM	736508847	292	6,750	SH		SOLE		0	0	6,750
POWERSHARES ETF TRUST CON STAP	COM	73935X393	579	10,815	SH		SOLE		0	0	10,815
POWERSHARES ETF TRUST ENERGY S	COM	73935X385	474	10,901	SH		SOLE		0	0	10,901
POWERSHARES QQQ TRUST UNIT SER	COM	73935A104	15,154	127,907	SH		SOLE		0	0	127,907
PPG INDUSTRIES	COM	693506107	307	3,250	SH		SOLE		0	0	3,250
PPL	COM	69351T106	426	12,532	SH		SOLE		0	0	12,532
PRAXAIR	COM	74005P104	386	3,300	SH		SOLE		0	0	3,300
PREFERRED APT CMNTYS COM	COM	74039L103	204	13,700	SH		SOLE		0	0	13,700
PROCTER & GAMBLE	COM	742718109	8,221	97,776	SH		SOLE		0	0	97,776
PRUDENTIAL FINANCIAL	COM	744320102	633	6,085	SH		SOLE		0	0	6,085
PUBLIC SERVICE ENTERPRISE GROU	COM	744573106	1,831	41,744	SH		SOLE		0	0	41,744
RAYTHEON	COM	755111507	1,207	8,502	SH		SOLE		0	0	8,502
REALTY INCOME CORP COM	COM	756109104	222	3,875	SH		SOLE		0	0	3,875
REYNOLDS AMERICAN	COM	761713106	624	11,137	SH		SOLE		0	0	11,137
ROCKWELL AUTOMATION	COM	773903109	1,106	8,230	SH		SOLE		0	0	8,230
ROCKWELL COLLINS INC COM	COM	774341101	644	6,950	SH		SOLE		0	0	6,950
ROPER INDUSTRIES	COM	776696106	732	4,000	SH		SOLE		0	0	4,000
ROYAL DUTCH CL A ADR NEW	COM	780259206	413	7,607	SH		SOLE		0	0	7,607
RUSSELL 2000 GROWTH	COM	464287648	877	5,699	SH		SOLE		0	0	5,699
RUSSELL MIDCAP GROWTH	COM	464287481	1,064	10,931	SH		SOLE		0	0	10,931
SALESFORCE COM INC COM	COM	79466L302	739	10,800	SH		SOLE		0	0	10,800
SCANA	COM	80589M102	319	4,354	SH		SOLE		0	0	4,354
SCHLUMBERGER	COM	806857108	3,825	45,569	SH		SOLE		0	0	45,569
SEAGATE TECHNOLOGY PLC SHS	COM	G7945M107	233	6,125	SH		SOLE		0	0	6,125
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y407	2,822	34,673	SH		SOLE		0	0	34,673
SELECT SECTOR SPDR TR SBI CONS	COM	81369Y308	3,598	69,581	SH		SOLE		0	0	69,581
SELECT SECTOR SPDR TR SBI INT-	COM	81369Y605	13,366	574,900	SH		SOLE		0	0	574,900
SIEMENS A G SPONSORED ADR	COM	826197501	991	8,100	SH		SOLE		0	0	8,100
SIMON PROPERTY	COM	828806109	476	2,681	SH		SOLE		0	0	2,681
SMUCKER JM	COM	832696405	243	1,900	SH		SOLE		0	0	1,900
SOUTH JERSEY INDUSTRIES	COM	838518108	224	6,650	SH		SOLE		0	0	6,650
SOUTHERN COMPANY	COM	842587107	1,580	32,125	SH		SOLE		0	0	32,125
SP 500 GROWTH	COM	464287309	292	2,399	SH		SOLE		0	0	2,399
SP 500 VALUE	COM	464287408	674	6,650	SH		SOLE		0	0	6,650
SPDR DOW JONES INDL AV UT SER	COM	78467X109	8,749	44,300	SH		SOLE		0	0	44,300
SPDR ENERGY	COM	81369Y506	2,687	35,684	SH		SOLE		0	0	35,684
SPDR HEALTH CARE	COM	81369y209	14,200	205,988	SH		SOLE		0	0	205,988
SPDR INDUSTRIAL SECTOR	COM	81369y704	5,762	92,619	SH		SOLE		0	0	92,619
SPDR MATERIALS SECTOR	COM	81369y100	2,102	42,307	SH		SOLE		0	0	42,307
SPDR SERIES TRUST S&P BIOTECH	COM	78464A870	1,439	24,325	SH		SOLE		0	0	24,325
SPDR SERIES TRUST S&P RETAIL E	COM	78464A714	486	11,040	SH		SOLE		0	0	11,040
SPDR SP500 TRUST SR 1	COM	78462F103	15,023	67,208	SH		SOLE		0	0	67,208
SPDR UTILITIES SELECT	COM	81369Y886	2,966	61,084	SH		SOLE		0	0	61,084
ST JUDE MEDICAL	COM	790849103	884	11,025	SH		SOLE		0	0	11,025
STANLEY BLACK & DECKER COM	COM	854502101	389	3,400	SH		SOLE		0	0	3,400
STARBUCKS	COM	855244109	4,864	87,625	SH		SOLE		0	0	87,625
STREETTRACKS GOLD SHARES	COM	78463v107	3,006	27,432	SH		SOLE		0	0	27,432
STREETTRACKS INDEX SHS DJ STOX	COM	78463X103	421	14,100	SH		SOLE		0	0	14,100
STREETTRACKS MORGAN STANLEY TE	COM	78464a102	1,815	30,005	SH		SOLE		0	0	30,005
STRYKER	COM	863667101	3,141	26,220	SH		SOLE		0	0	26,220
SYSCO	COM	871829107	409	7,400	SH		SOLE		0	0	7,400
T-MOBILE US INC COM	COM	872590104	1,869	32,500	SH		SOLE		0	0	32,500
TECHNOLOGY SELECT SECT SPDR	COM	81369Y803	3,938	81,448	SH		SOLE		0	0	81,448
THOR	COM	885160101	220	2,200	SH		SOLE		0	0	2,200
TIME WARNER	COM	887317303	1,511	15,655	SH		SOLE		0	0	15,655
TITAN MED INC COM	COM	88830X108	2	10,450	SH		SOLE		0	0	10,450
TOYOTA MOTOR ADR	COM	892331307	372	3,175	SH		SOLE		0	0	3,175
TRANSENTERIX INC COM NEW	COM	89366M201	45	35,000	SH		SOLE		0	0	35,000
TRINSEO S A SHS	COM	L9340P101	595	10,050	SH		SOLE		0	0	10,050
UBS AG JERSEY BRH ALERIAN INFR	COM	902641646	1,761	62,020	SH		SOLE		0	0	62,020
UGI CORP	COM	902681105	692	15,025	SH		SOLE		0	0	15,025
UNION PACIFIC	COM	907818108	4,893	47,196	SH		SOLE		0	0	47,196
UNITED PARCEL SERVICE CL B	COM	911312106	6,139	53,554	SH		SOLE		0	0	53,554
UNITED TECHNOLOGIES	COM	913017109	9,809	89,485	SH		SOLE		0	0	89,485
UNITEDHEALTH GROUP	COM	91324P102	1,580	9,876	SH		SOLE		0	0	9,876
URBAN EDGE PPTYS COM	COM	91704F104	346	12,600	SH		SOLE		0	0	12,600
VANECK VECTORS ETF TR AGRIBUSI	COM	92189F700	567	11,050	SH		SOLE		0	0	11,050
VANECK VECTORS ETF TR BIOTECH	COM	92189F726	5,198	48,323	SH		SOLE		0	0	48,323
VANGUARD INDEX FDS GROWTH ETF	COM	922908736	259	2,332	SH		SOLE		0	0	2,332
VANGUARD INTL EQTY IDX ALLWRLD	COM	922042775	727	16,474	SH		SOLE		0	0	16,474
VANGUARD TELECOM SERVICES VIPE	COM	92204A884	3,591	35,856	SH		SOLE		0	0	35,856
VANGUARD VALUE ETF	COM	922908744	201	2,166	SH		SOLE		0	0	2,166
VANGUARD WORLD FDS HEALTH CAR	COM	92204A504	1,306	10,310	SH		SOLE		0	0	10,310
VANGUARD WORLD FDS INF TECH ET	COM	92204A702	11,041	90,878	SH		SOLE		0	0	90,878
VERIZON COMMUNICATIONS	COM	92343V104	13,163	246,603	SH		SOLE		0	0	246,603
VISA INC COM CL A	COM	92826C839	6,241	79,994	SH		SOLE		0	0	79,994
VODAFONE GROUP PLC ADR	COM	92857W308	372	15,245	SH		SOLE		0	0	15,245
WAL-MART STORES	COM	931142103	1,713	24,792	SH		SOLE		0	0	24,792
WALGREENS BOOTS ALLIAN COM	COM	931427108	1,340	16,200	SH		SOLE		0	0	16,200
WALKER INNOVATION INC COM	COM	931661102	3	10,000	SH		SOLE		0	0	10,000
WALT DISNEY	COM	254687106	11,681	112,084	SH		SOLE		0	0	112,084
WASHINGTON TRUST BANCORP	COM	940610108	284	5,073	SH		SOLE		0	0	5,073
WEC ENERGY GROUP INC COM	COM	92939U106	310	5,292	SH		SOLE		0	0	5,292
WELLS FARGO	COM	949746101	1,116	20,267	SH		SOLE		0	0	20,267
WESTAR ENERGY	COM	95709T100	495	8,800	SH		SOLE		0	0	8,800
WHIRLPOOL	COM	963320106	625	3,440	SH		SOLE		0	0	3,440
WHOLE FOODS MKT INC COM	COM	966837106	633	20,600	SH		SOLE		0	0	20,600
WISDOMTREE TRUST LRGECP VALUE	COM	97717W547	747	11,060	SH		SOLE		0	0	11,060
WORTHINGTON INDUSTRIES	COM	981811102	308	6,500	SH		SOLE		0	0	6,500
XYLEM INC COM	COM	98419M100	2,790	56,360	SH		SOLE		0	0	56,360
ZIMMER BIOMET HLDGS IN COM	COM	98956P102	220	2,135	SH		SOLE		0	0	2,135
CONSULTING GRP CAP MKT HI YLD	MF	210474839	46	12,304	SH		SOLE		0	0	12,304