Markston International 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
3M COMPANY	common stock	88579Y101	5,138	31,269	SH		SOLE		31,269	0	0
3M COMPANY	common stock	88579Y101	9,141	55,630	SH		OTR	1	55,630	0	0
ABBOTT LABORATORIES	common stock	002824100	1,717	38,144	SH		SOLE		38,144	0	0
ABBOTT LABORATORIES	common stock	002824100	4,933	109,570	SH		OTR	1	109,570	0	0
ABBVIE, INC.	common stock	00287Y109	2,598	39,698	SH		SOLE		39,698	0	0
ABBVIE, INC.	common stock	00287Y109	8,077	123,427	SH		OTR	1	123,427	0	0
ACCO BRANDS CORPORATION	common stock	00081T108	2	234	SH		SOLE		234	0	0
ACTUA CORPORATION	common stock	005094107	28	1,500	SH		SOLE		1,500	0	0
ADT CORPORATION	common stock	00101J106	561	15,491	SH		SOLE		15,491	0	0
ADT CORPORATION	common stock	00101J106	1,176	32,454	SH		OTR	1	32,454	0	0
AES CORPORATION (THE)	common stock	00130H105	28	2,000	SH		SOLE		2,000	0	0
AETNA, INC.	common stock	00817Y108	9,495	106,893	SH		SOLE		106,893	0	0
AETNA, INC.	common stock	00817Y108	31,522	354,860	SH		OTR	1	354,860	0	0
AKORN, INC.	common stock	009728106	54	1,500	SH		SOLE		1,500	0	0
ALCATEL-LUCENT ADR	common stock	013904305	0	11	SH		SOLE		11	0	0
ALKERMES PLC	common stock	G01767105	3,530	60,285	SH		OTR	1	60,285	0	0
ALLEGHANY CORPORATION	common stock	017175100	19	40	SH		SOLE		40	0	0
ALLIANCE DATA SYSTEM CORPORATI	common stock	018581108	18	63	SH		SOLE		63	0	0
ALLSTATE CORPORATION	common stock	020002101	2,521	35,892	SH		SOLE		35,892	0	0
ALLSTATE CORPORATION	common stock	020002101	8,649	123,124	SH		OTR	1	123,124	0	0
AMAZON.COM, INC.	common stock	023135106	23	75	SH		SOLE		75	0	0
AMC NETWORKS INC.	common stock	00164V103	371	5,825	SH		SOLE		5,825	0	0
AMERICAN EXPRESS CO.	common stock	025816109	6,908	74,247	SH		SOLE		74,247	0	0
AMERICAN EXPRESS CO.	common stock	025816109	31,774	341,505	SH		OTR	1	341,505	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	2,347	41,896	SH		SOLE		41,896	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	7,374	131,655	SH		OTR	1	131,655	0	0
AMERIPRISE FINANCIAL, INC.	common stock	03076C106	2,087	15,782	SH		SOLE		15,782	0	0
AMERIPRISE FINANCIAL, INC.	common stock	03076C106	3,923	29,662	SH		OTR	1	29,662	0	0
ANADARKO PETROLEUM CORP.	common stock	032511107	4,484	54,352	SH		SOLE		54,352	0	0
ANADARKO PETROLEUM CORP.	common stock	032511107	10,332	125,234	SH		OTR	1	125,234	0	0
ANIXTER INTERNATIONAL, INC.	common stock	035290105	9	100	SH		SOLE		100	0	0
AOL, INC.	common stock	00184X105	4	95	SH		SOLE		95	0	0
AON CORPORATION	common stock	G0408V102	2,340	24,681	SH		SOLE		24,681	0	0
AON CORPORATION	common stock	G0408V102	3,376	35,602	SH		OTR	1	35,602	0	0
APACHE CORPORATION	common stock	037411105	2,422	38,639	SH		SOLE		38,639	0	0
APACHE CORPORATION	common stock	037411105	6,808	108,629	SH		OTR	1	108,629	0	0
APPLE, INC.	common stock	037833100	16,813	152,318	SH		SOLE		152,318	0	0
APPLE, INC.	common stock	037833100	53,187	481,850	SH		OTR	1	481,850	0	0
ASCENT CAPITAL GROUP, INC.	common stock	043632108	10	198	SH		SOLE		198	0	0
AT&T, INC.	common stock	00206R102	3,151	93,814	SH		SOLE		93,814	0	0
AT&T, INC.	common stock	00206R102	7,437	221,395	SH		OTR	1	221,395	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	3,954	47,430	SH		SOLE		47,430	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	12,308	147,637	SH		OTR	1	147,637	0	0
AVIS BUDGET GROUP, INC.	common stock	053774105	27	400	SH		SOLE		400	0	0
BAKER HUGHES INC.	common stock	057224107	150	2,680	SH		SOLE		2,680	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	2,858	159,772	SH		SOLE		159,772	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	8,007	447,549	SH		OTR	1	447,549	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	2,859	70,483	SH		SOLE		70,483	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	4,476	110,325	SH		OTR	1	110,325	0	0
BARNES & NOBLE, INC.	common stock	067774109	3	150	SH		SOLE		150	0	0
BAXTER INTERNATIONAL, INC.	common stock	071813109	2,310	31,515	SH		SOLE		31,515	0	0
BAXTER INTERNATIONAL, INC.	common stock	071813109	6,691	91,293	SH		OTR	1	91,293	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	2,164	14,411	SH		SOLE		14,411	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	3,641	24,249	SH		OTR	1	24,249	0	0
BLACK HILLS CORPORATION	common stock	092113109	8	160	SH		SOLE		160	0	0
BOEING COMPANY	common stock	097023105	8,226	63,287	SH		SOLE		63,287	0	0
BOEING COMPANY	common stock	097023105	28,441	218,807	SH		OTR	1	218,807	0	0
BP PLC SPONSORED ADR	common stock	055622104	367	9,631	SH		SOLE		9,631	0	0
CABLEVISION SYSTEMS CORP. CL A	common stock	12686C109	1,954	94,665	SH		SOLE		94,665	0	0
CABLEVISION SYSTEMS CORP. CL A	common stock	12686C109	4,495	217,757	SH		OTR	1	217,757	0	0
CATERPILLAR, INC.	common stock	149123101	4,143	45,264	SH		SOLE		45,264	0	0
CATERPILLAR, INC.	common stock	149123101	9,797	107,035	SH		OTR	1	107,035	0	0
CDK GLOBAL INC.	common stock	12508E101	594	14,584	SH		SOLE		14,584	0	0
CDK GLOBAL INC.	common stock	12508E101	1,181	28,979	SH		OTR	1	28,979	0	0
CELADON GROUP, INC.	common stock	150838100	34	1,500	SH		SOLE		1,500	0	0
CELADON GROUP, INC.	common stock	150838100	2,280	100,500	SH		OTR	1	100,500	0	0
CELGENE CORPORATION	common stock	151020104	703	6,282	SH		SOLE		6,282	0	0
CELGENE CORPORATION	common stock	151020104	18,473	165,140	SH		OTR	1	165,140	0	0
CENTURYTEL, INC.	common stock	156700106	30	749	SH		SOLE		749	0	0
CHESAPEAKE ENERGY CORPORATION	common stock	165167107	814	41,596	SH		SOLE		41,596	0	0
CHESAPEAKE ENERGY CORPORATION	common stock	165167107	3,690	188,574	SH		OTR	1	188,574	0	0
CHEVRON CORPORATION	common stock	166764100	5,212	46,458	SH		SOLE		46,458	0	0
CHEVRON CORPORATION	common stock	166764100	8,187	72,979	SH		OTR	1	72,979	0	0
CHUBB CORPORATION	common stock	171232101	4,024	38,886	SH		SOLE		38,886	0	0
CHUBB CORPORATION	common stock	171232101	12,766	123,376	SH		OTR	1	123,376	0	0
CITIGROUP, INC.	common stock	172967424	3,132	57,874	SH		SOLE		57,874	0	0
CITIGROUP, INC.	common stock	172967424	2,995	55,355	SH		OTR	1	55,355	0	0
CMS ENERGY CORPORATION	common stock	125896100	313	9,000	SH		SOLE		9,000	0	0
COCA-COLA COMPANY (THE)	common stock	191216100	6,621	156,820	SH		SOLE		156,820	0	0
COCA-COLA COMPANY (THE)	common stock	191216100	17,202	407,440	SH		OTR	1	407,440	0	0
COLGATE-PALMOLIVE COMPANY	common stock	194162103	403	5,830	SH		SOLE		5,830	0	0
COLGATE-PALMOLIVE COMPANY	common stock	194162103	3,237	46,783	SH		OTR	1	46,783	0	0
COMCAST CORP CL A	common stock	20030N101	3,388	58,408	SH		SOLE		58,408	0	0
COMCAST CORP CL A	common stock	20030N101	10,985	189,370	SH		OTR	1	189,370	0	0
COMCAST CORPORATION SPECIAL CL	common stock	20030N200	135	2,337	SH		SOLE		2,337	0	0
COMPUTER SCIENCES CORP.	common stock	205363104	13	200	SH		SOLE		200	0	0
CONOCOPHILLIPS	common stock	20825C104	3,777	54,690	SH		SOLE		54,690	0	0
CONOCOPHILLIPS	common stock	20825C104	9,962	144,251	SH		OTR	1	144,251	0	0
CORNING,INC.	common stock	219350105	1,243	54,205	SH		SOLE		54,205	0	0
CORNING,INC.	common stock	219350105	4,425	193,000	SH		OTR	1	193,000	0	0
COVANTA HOLDING CORPORATION	common stock	22282E102	272	12,380	SH		SOLE		12,380	0	0
COVANTA HOLDING CORPORATION	common stock	22282E102	5,485	249,200	SH		OTR	1	249,200	0	0
COVIDIEN PLC	common stock	G2554F113	1,847	18,055	SH		SOLE		18,055	0	0
COVIDIEN PLC	common stock	G2554F113	14,851	145,204	SH		OTR	1	145,204	0	0
COWEN GROUP INC - CLASS A	common stock	223622101	2	400	SH		SOLE		400	0	0
CRIMSON WINE GROUP, LTD.	common stock	22662X100	0	40	SH		SOLE		40	0	0
CSX CORPORATION	common stock	126408103	1,424	39,315	SH		SOLE		39,315	0	0
CSX CORPORATION	common stock	126408103	6,069	167,526	SH		OTR	1	167,526	0	0
CVS CAREMARK CORPORATION	common stock	126650100	10,768	111,807	SH		SOLE		111,807	0	0
CVS CAREMARK CORPORATION	common stock	126650100	19,619	203,706	SH		OTR	1	203,706	0	0
DEVON ENERGY CORP.	common stock	25179M103	3,045	49,739	SH		SOLE		49,739	0	0
DEVON ENERGY CORP.	common stock	25179M103	6,301	102,945	SH		OTR	1	102,945	0	0
DIRECTV GROUP INC.	common stock	25490A309	1,417	16,344	SH		SOLE		16,344	0	0
DIRECTV GROUP INC.	common stock	25490A309	4,852	55,965	SH		OTR	1	55,965	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	3,844	58,692	SH		SOLE		58,692	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	12,731	194,395	SH		OTR	1	194,395	0	0
DOMINION RESOURCES, INC.	common stock	25746U109	2,573	33,464	SH		SOLE		33,464	0	0
DOMINION RESOURCES, INC.	common stock	25746U109	1,515	19,700	SH		OTR	1	19,700	0	0
DR. PEPPER SNAPPLE GROUP	common stock	26138E109	7	100	SH		SOLE		100	0	0
DTE ENERGY COMPANY	common stock	233331107	14	160	SH		SOLE		160	0	0
DUKE ENERGY CORP. NEW	common stock	26441C204	2,709	32,432	SH		SOLE		32,432	0	0
DUKE ENERGY CORP. NEW	common stock	26441C204	6,794	81,330	SH		OTR	1	81,330	0	0
DUPONT(E.I.) DE NEMOURS & CO.	common stock	263534109	8,055	108,937	SH		SOLE		108,937	0	0
DUPONT(E.I.) DE NEMOURS & CO.	common stock	263534109	26,506	358,480	SH		OTR	1	358,480	0	0
EBAY, INC.	common stock	278642103	5,477	97,601	SH		SOLE		97,601	0	0
EBAY, INC.	common stock	278642103	18,364	327,227	SH		OTR	1	327,227	0	0
EOG RESOURCES, INC.	common stock	26875P101	2,897	31,460	SH		SOLE		31,460	0	0
EOG RESOURCES, INC.	common stock	26875P101	10,750	116,758	SH		OTR	1	116,758	0	0
EXXON MOBIL CORPORATION	common stock	30231G102	785	8,496	SH		SOLE		8,496	0	0
FEDEX CORPORATION	common stock	31428X106	69	400	SH		SOLE		400	0	0
FINISAR CORPORATION	common stock	31787A507	2	102	SH		SOLE		102	0	0
FOREST CITY ENTERPRISES A	common stock	345550107	21	1,000	SH		SOLE		1,000	0	0
FRONTIER COMMUNICATIONS CORP.	common stock	35906A108	2	324	SH		SOLE		324	0	0
FRP Holdings, Inc.	common stock	30292L107	4	100	SH		SOLE		100	0	0
GENCORP, INC.	common stock	368682100	53	2,910	SH		SOLE		2,910	0	0
GENCORP, INC.	common stock	368682100	3,014	164,700	SH		OTR	1	164,700	0	0
GENERAL ELECTRIC COMPANY	common stock	369604103	5,644	223,343	SH		SOLE		223,343	0	0
GENERAL ELECTRIC COMPANY	common stock	369604103	19,704	779,748	SH		OTR	1	779,748	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	2,227	11,491	SH		SOLE		11,491	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	9,083	46,863	SH		OTR	1	46,863	0	0
GOOGLE INC CLASS A	common stock	38259P508	3,913	7,374	SH		SOLE		7,374	0	0
GOOGLE INC CLASS A	common stock	38259P508	13,113	24,710	SH		OTR	1	24,710	0	0
GOOGLE INC CLASS C	common stock	38259P706	4,179	7,939	SH		SOLE		7,939	0	0
GOOGLE INC CLASS C	common stock	38259P706	12,449	23,650	SH		OTR	1	23,650	0	0
HARLEY DAVIDSON, INC.	common stock	412822108	43	650	SH		SOLE		650	0	0
HARTFORD FINANCIAL SERVICES GR	common stock	416515104	6	135	SH		SOLE		135	0	0
HCC INSURANCE HOLDINGS, INC.	common stock	404132102	28	520	SH		SOLE		520	0	0
HCP, INC.	common stock	40414L109	4,736	107,562	SH		SOLE		107,562	0	0
HCP, INC.	common stock	40414L109	12,194	276,951	SH		OTR	1	276,951	0	0
HESS CORPORATION	common stock	42809H107	2,950	39,958	SH		SOLE		39,958	0	0
HESS CORPORATION	common stock	42809H107	7,619	103,206	SH		OTR	1	103,206	0	0
HEXCEL CORPORATION	common stock	428291108	108	2,600	SH		SOLE		2,600	0	0
HOME DEPOT, INC.	common stock	437076102	3,700	35,252	SH		SOLE		35,252	0	0
HOME DEPOT, INC.	common stock	437076102	12,210	116,323	SH		OTR	1	116,323	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	908	9,091	SH		SOLE		9,091	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	7,539	75,452	SH		OTR	1	75,452	0	0
HOSPIRA, INC.	common stock	441060100	2,402	39,221	SH		SOLE		39,221	0	0
HOSPIRA, INC.	common stock	441060100	8,711	142,224	SH		OTR	1	142,224	0	0
HUDSON GLOBAL, INC.	common stock	443787106	1	200	SH		SOLE		200	0	0
ICU MEDICAL, INC.	common stock	44930G107	8	100	SH		SOLE		100	0	0
IMMUNOMEDICS, INC.	common stock	452907108	1	300	SH		SOLE		300	0	0
INFINERA CORPORATION	common stock	45667G103	48	3,250	SH		SOLE		3,250	0	0
INFINERA CORPORATION	common stock	45667G103	1,574	106,952	SH		OTR	1	106,952	0	0
INTEL CORP.	common stock	458140100	2,547	70,173	SH		SOLE		70,173	0	0
INTEL CORP.	common stock	458140100	8,605	237,125	SH		OTR	1	237,125	0	0
INTERNATIONAL BUSINESS MACHINE	common stock	459200101	4,675	29,140	SH		SOLE		29,140	0	0
INTERNATIONAL BUSINESS MACHINE	common stock	459200101	14,223	88,649	SH		OTR	1	88,649	0	0
JACOBS ENGINEERING GROUP, INC.	common stock	469814107	1,065	23,821	SH		SOLE		23,821	0	0
JACOBS ENGINEERING GROUP, INC.	common stock	469814107	4,871	109,001	SH		OTR	1	109,001	0	0
JOHNSON & JOHNSON	common stock	478160104	2,604	24,905	SH		SOLE		24,905	0	0
JOHNSON & JOHNSON	common stock	478160104	9,508	90,925	SH		OTR	1	90,925	0	0
JOHNSON CONTROLS, INC.	common stock	478366107	659	13,625	SH		SOLE		13,625	0	0
JOHNSON CONTROLS, INC.	common stock	478366107	2,245	46,440	SH		OTR	1	46,440	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	3,496	55,870	SH		SOLE		55,870	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	11,985	191,522	SH		OTR	1	191,522	0	0
KCG HOLDINGS, ING.	common stock	48244B100	1	95	SH		SOLE		95	0	0
KEMET CORPORATION	common stock	488360108	1	300	SH		SOLE		300	0	0
KINROSS GOLD CORPORATION	common stock	496902404	2	700	SH		SOLE		700	0	0
KROGER CO.	common stock	501044101	640	9,964	SH		SOLE		9,964	0	0
LEUCADIA NATIONAL CORPORATION	common stock	527288104	579	25,845	SH		SOLE		25,845	0	0
LEUCADIA NATIONAL CORPORATION	common stock	527288104	1,569	69,984	SH		OTR	1	69,984	0	0
LIBERTY BROADBAND CORP. - A	common stock	530307107	1,095	21,854	SH		SOLE		21,854	0	0
LIBERTY BROADBAND CORP. - A	common stock	530307107	3,622	72,311	SH		OTR	1	72,311	0	0
LIBERTY BROADBAND CORP. - C	common stock	530307305	2,179	43,739	SH		SOLE		43,739	0	0
LIBERTY BROADBAND CORP. - C	common stock	530307305	8,112	162,822	SH		OTR	1	162,822	0	0
LIBERTY MEDIA CLASS C	common stock	531229300	6,136	175,170	SH		SOLE		175,170	0	0
LIBERTY MEDIA CLASS C	common stock	531229300	22,657	646,788	SH		OTR	1	646,788	0	0
LIBERTY MEDIA CORPORATION	common stock	531229102	3,073	87,116	SH		SOLE		87,116	0	0
LIBERTY MEDIA CORPORATION	common stock	531229102	10,999	311,844	SH		OTR	1	311,844	0	0
LIBERTY MEDIA HOLDING CORP.-IN	common stock	53071M104	3,762	127,888	SH		SOLE		127,888	0	0
LIBERTY MEDIA HOLDING CORP.-IN	common stock	53071M104	15,425	524,290	SH		OTR	1	524,290	0	0
LIBERTY TRIPADVISOR HOLDINGS I	common stock	531465102	423	15,730	SH		SOLE		15,730	0	0
LIBERTY TRIPADVISOR HOLDINGS I	common stock	531465102	1,323	49,194	SH		OTR	1	49,194	0	0
LIBERTY VENTURES - SER A	common stock	53071M880	1,286	34,081	SH		SOLE		34,081	0	0
LIBERTY VENTURES - SER A	common stock	53071M880	4,304	114,104	SH		OTR	1	114,104	0	0
LIVE NATION ENTERTAINMENT, INC	common stock	538034109	10	400	SH		SOLE		400	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	5,212	75,757	SH		SOLE		75,757	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	18,203	264,572	SH		OTR	1	264,572	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55826P100	1,140	15,141	SH		SOLE		15,141	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55826P100	12,920	171,668	SH		OTR	1	171,668	0	0
MALLINCKRODT PLC	common stock	G5785G107	127	1,286	SH		SOLE		1,286	0	0
MARATHON OIL CORPORATION	common stock	565849106	2,391	84,521	SH		SOLE		84,521	0	0
MARATHON OIL CORPORATION	common stock	565849106	5,287	186,874	SH		OTR	1	186,874	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	5,170	57,276	SH		SOLE		57,276	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	14,611	161,873	SH		OTR	1	161,873	0	0
MARKET VECT GOLD MINERS	common stock	57060U100	1	50	SH		SOLE		50	0	0
MARSH & MCLENNAN COMPANIES, IN	common stock	571748102	413	7,207	SH		SOLE		7,207	0	0
MARSH & MCLENNAN COMPANIES, IN	common stock	571748102	3,102	54,194	SH		OTR	1	54,194	0	0
MATTEL INC.	common stock	577081102	111	3,596	SH		SOLE		3,596	0	0
MCDONALD'S CORP.	common stock	580135101	2,937	31,349	SH		SOLE		31,349	0	0
MCDONALD'S CORP.	common stock	580135101	10,689	114,080	SH		OTR	1	114,080	0	0
MEADWESTVACO CORP.	common stock	583334107	32	710	SH		SOLE		710	0	0
MEADWESTVACO CORP.	common stock	583334107	2,038	45,905	SH		OTR	1	45,905	0	0
MEDTRONIC INC.	common stock	585055106	2,994	41,464	SH		SOLE		41,464	0	0
MEDTRONIC INC.	common stock	585055106	11,754	162,796	SH		OTR	1	162,796	0	0
MERCK & CO. INC.	common stock	58933Y105	4,188	73,754	SH		SOLE		73,754	0	0
MERCK & CO. INC.	common stock	58933Y105	6,566	115,626	SH		OTR	1	115,626	0	0
METLIFE, INC.	common stock	59156R108	3,553	65,683	SH		SOLE		65,683	0	0
METLIFE, INC.	common stock	59156R108	8,560	158,246	SH		OTR	1	158,246	0	0
MICROSOFT CORPORATION	common stock	594918104	7,228	155,613	SH		SOLE		155,613	0	0
MICROSOFT CORPORATION	common stock	594918104	23,741	511,113	SH		OTR	1	511,113	0	0
MID AMERICAN APARTMENT COMMUNI	common stock	59522j103	27	360	SH		SOLE		360	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	1,790	49,267	SH		SOLE		49,267	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	1,410	38,818	SH		OTR	1	38,818	0	0
MONEYGRAM INTERNATIONAL, INC.	common stock	60935Y109	1	62	SH		SOLE		62	0	0
MONSANTO COMPANY	common stock	61166W101	6,992	58,521	SH		SOLE		58,521	0	0
MONSANTO COMPANY	common stock	61166W101	23,930	200,304	SH		OTR	1	200,304	0	0
MOSAIC COMPANY (THE)	common stock	61945C103	119	2,600	SH		SOLE		2,600	0	0
NATIONAL FUEL GAS COMPANY	common stock	636180101	1,179	16,954	SH		SOLE		16,954	0	0
NATIONAL FUEL GAS COMPANY	common stock	636180101	4,138	59,510	SH		OTR	1	59,510	0	0
NCR CORP.	common stock	62886E108	1	23	SH		SOLE		23	0	0
NEW YORK COMMUNITY BANCORP INC	common stock	649445103	10	600	SH		SOLE		600	0	0
NN, INC.	common stock	629337106	23	1,100	SH		SOLE		1,100	0	0
NORTHERN TRUST COMPANY	common stock	665859104	1,054	15,640	SH		SOLE		15,640	0	0
NORTHROP GRUMMAN CORP.	common stock	666807102	1,198	8,130	SH		SOLE		8,130	0	0
NORTHROP GRUMMAN CORP.	common stock	666807102	5,835	39,588	SH		OTR	1	39,588	0	0
ON ASSIGNMENT INC.	common stock	682159108	56	1,700	SH		SOLE		1,700	0	0
ORACLE CORPORATION	common stock	68389X105	2,929	65,142	SH		SOLE		65,142	0	0
ORACLE CORPORATION	common stock	68389X105	8,347	185,608	SH		OTR	1	185,608	0	0
ORBITAL SCIENCES CORP.	common stock	685564106	370	13,748	SH		SOLE		13,748	0	0
ORBITAL SCIENCES CORP.	common stock	685564106	3,675	136,650	SH		OTR	1	136,650	0	0
OUTERWALL INC.	common stock	690070107	2,056	27,335	SH		SOLE		27,335	0	0
OUTERWALL INC.	common stock	690070107	4,941	65,693	SH		OTR	1	65,693	0	0
OUTFRONT MEDIA, INC.	common stock	69007J106	157	5,846	SH		SOLE		5,846	0	0
OUTFRONT MEDIA, INC.	common stock	69007J106	1,528	56,936	SH		OTR	1	56,936	0	0
PEP BOYS MANNY MOE & JACK	common stock	713278109	16	1,630	SH		SOLE		1,630	0	0
PEPSICO, INC.	common stock	713448108	7,635	80,738	SH		SOLE		80,738	0	0
PEPSICO, INC.	common stock	713448108	17,519	185,272	SH		OTR	1	185,272	0	0
PFIZER, INC.	common stock	717081103	1,729	55,496	SH		SOLE		55,496	0	0
PFIZER, INC.	common stock	717081103	4,129	132,550	SH		OTR	1	132,550	0	0
PHH CORPORATION	common stock	693320202	78	3,275	SH		SOLE		3,275	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	2,302	28,268	SH		SOLE		28,268	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	6,909	84,825	SH		OTR	1	84,825	0	0
PHILLIPS 66	common stock	718546104	1,985	27,686	SH		SOLE		27,686	0	0
PHILLIPS 66	common stock	718546104	4,550	63,453	SH		OTR	1	63,453	0	0
POPULAR, INC.	common stock	733174700	1	18	SH		SOLE		18	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	2,705	29,701	SH		SOLE		29,701	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	6,380	70,045	SH		OTR	1	70,045	0	0
PROSPECT CAPITAL CORP	common stock	74348T102	3	400	SH		SOLE		400	0	0
RAYTHEON COMPANY	common stock	755111507	2,913	26,926	SH		SOLE		26,926	0	0
RAYTHEON COMPANY	common stock	755111507	7,648	70,705	SH		OTR	1	70,705	0	0
READING INTERNATIONAL, INC. CL	common stock	755408101	2	187	SH		SOLE		187	0	0
RENTRAK CORPORATION	common stock	760174102	36	500	SH		SOLE		500	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	845	7,602	SH		SOLE		7,602	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	9,542	85,807	SH		OTR	1	85,807	0	0
RUBICON TECHNOLOGY, INC.	common stock	78112T107	1	300	SH		SOLE		300	0	0
SANDISK CORPORATION	common stock	80004C101	1,042	10,635	SH		SOLE		10,635	0	0
SANDISK CORPORATION	common stock	80004C101	5,769	58,876	SH		OTR	1	58,876	0	0
SCHLUMBERGER LIMITED	common stock	806857108	3,518	41,195	SH		SOLE		41,195	0	0
SCHLUMBERGER LIMITED	common stock	806857108	9,053	106,000	SH		OTR	1	106,000	0	0
SEVENTY SEVEN ENERGY INC	common stock	818097107	3	582	SH		SOLE		582	0	0
SPECTRA ENERGY CORPORATION	common stock	847560109	3,314	91,296	SH		SOLE		91,296	0	0
SPECTRA ENERGY CORPORATION	common stock	847560109	12,997	358,050	SH		OTR	1	358,050	0	0
SPRINT NEXTEL CORPORATION	common stock	852061100	1	130	SH		SOLE		130	0	0
ST. JOE COMPANY	common stock	790148100	388	21,100	SH		SOLE		21,100	0	0
STARBUCKS CORPORATION	common stock	855244109	802	9,769	SH		SOLE		9,769	0	0
STARWOOD HOTELS & RESORTS	common stock	85590A401	923	11,390	SH		SOLE		11,390	0	0
STARWOOD HOTELS & RESORTS	common stock	85590A401	10,954	135,116	SH		OTR	1	135,116	0	0
STARZ, LLC	common stock	85571Q102	2,241	75,441	SH		SOLE		75,441	0	0
STARZ, LLC	common stock	85571Q102	4,269	143,728	SH		OTR	1	143,728	0	0
STATE STREET CORP.	common stock	857477103	8,758	111,565	SH		SOLE		111,565	0	0
STATE STREET CORP.	common stock	857477103	22,682	288,949	SH		OTR	1	288,949	0	0
SUNLINK HEALTH SYSTEMS, INC.	common stock	86737U102	1	900	SH		SOLE		900	0	0
SUNLINK HEALTH SYSTEMS, INC.	common stock	86737U102	59	43,025	SH		OTR	1	43,025	0	0
SURMODICS, INC.	common stock	868873100	8	350	SH		SOLE		350	0	0
TARGET CORPORATION	common stock	87612E106	1,022	13,458	SH		SOLE		13,458	0	0
TD AMERITRADE HOLDING CORPORAT	common stock	87236Y108	11	300	SH		SOLE		300	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	1,866	29,499	SH		SOLE		29,499	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	13,487	213,241	SH		OTR	1	213,241	0	0
TERADATA CORPORATION	common stock	88076W103	4	100	SH		SOLE		100	0	0
TEVA PHARMACEUTICAL INDUSTRIES	common stock	881624209	4,115	71,550	SH		OTR	1	71,550	0	0
TEXAS INSTRUMENTS	common stock	882508104	1,316	24,614	SH		SOLE		24,614	0	0
TEXAS INSTRUMENTS	common stock	882508104	3,668	68,600	SH		OTR	1	68,600	0	0
TIME INC NEW	common stock	887228104	83	3,363	SH		SOLE		3,363	0	0
TIME WARNER CABLE, INC.	common stock	88732J207	188	1,236	SH		SOLE		1,236	0	0
TIME WARNER CABLE, INC.	common stock	88732J207	2,177	14,320	SH		OTR	1	14,320	0	0
TIME WARNER, INC.	common stock	887317303	3,825	44,784	SH		SOLE		44,784	0	0
TIME WARNER, INC.	common stock	887317303	10,112	118,375	SH		OTR	1	118,375	0	0
TRAVELCENTERS OF AMERICA	common stock	894174101	21	1,700	SH		SOLE		1,700	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	8,314	78,543	SH		SOLE		78,543	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	26,511	250,462	SH		OTR	1	250,462	0	0
TYCO INTERNATIONAL, PLC	common stock	G91442106	705	16,068	SH		SOLE		16,068	0	0
TYCO INTERNATIONAL, PLC	common stock	G91442106	6,149	140,189	SH		OTR	1	140,189	0	0
U.S. BANCORP	common stock	902973304	5,463	121,542	SH		SOLE		121,542	0	0
U.S. BANCORP	common stock	902973304	13,031	289,900	SH		OTR	1	289,900	0	0
UDR, INC.	common stock	902653104	2,528	82,032	SH		SOLE		82,032	0	0
UDR, INC.	common stock	902653104	14,579	473,034	SH		OTR	1	473,034	0	0
UNION PACIFIC CORPORATION	common stock	907818108	6,423	53,913	SH		SOLE		53,913	0	0
UNION PACIFIC CORPORATION	common stock	907818108	18,813	157,920	SH		OTR	1	157,920	0	0
UNITED STATES STEEL CORPORATIO	common stock	912909108	243	9,100	SH		SOLE		9,100	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	975	8,476	SH		SOLE		8,476	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	2,720	23,650	SH		OTR	1	23,650	0	0
UNITEDHEALTH GROUP, INC.	common stock	91324P102	3,364	33,276	SH		SOLE		33,276	0	0
US GLOBAL INVESTORS INC.- CLAS	common stock	902952100	2	800	SH		SOLE		800	0	0
VALLEY NATIONAL BANCORP	common stock	919794107	32	3,307	SH		SOLE		3,307	0	0
VALSPAR CORP.	common stock	920355104	2,449	28,320	SH		SOLE		28,320	0	0
VERISIGN, INC.	common stock	92343E102	2,796	49,048	SH		SOLE		49,048	0	0
VERISIGN, INC.	common stock	92343E102	10,108	177,337	SH		OTR	1	177,337	0	0
VERIZON COMMUNICATIONS	common stock	92343V104	2,718	58,101	SH		SOLE		58,101	0	0
VERIZON COMMUNICATIONS	common stock	92343V104	3,644	77,890	SH		OTR	1	77,890	0	0
VODAFONE GROUP PLC NEW ADR	common stock	92857W308	7	204	SH		SOLE		204	0	0
W.R. BERKLEY CORPORATION	common stock	084423102	2,732	53,301	SH		SOLE		53,301	0	0
W.R. BERKLEY CORPORATION	common stock	084423102	7,888	153,885	SH		OTR	1	153,885	0	0
WADDELL & REED FINANCIAL, INC.	common stock	930059100	6	124	SH		SOLE		124	0	0
WAL-MART STORES, INC.	common stock	931142103	3,432	39,963	SH		SOLE		39,963	0	0
WAL-MART STORES, INC.	common stock	931142103	10,632	123,800	SH		OTR	1	123,800	0	0
WALGREEN COMPANY	common stock	931422109	4,735	62,141	SH		SOLE		62,141	0	0
WALGREEN COMPANY	common stock	931422109	11,676	153,230	SH		OTR	1	153,230	0	0
WALT DISNEY COMPANY	common stock	254687106	2,364	25,097	SH		SOLE		25,097	0	0
WALT DISNEY COMPANY	common stock	254687106	3,838	40,743	SH		OTR	1	40,743	0	0
WASTE MANAGEMENT, INC.	common stock	94106L109	572	11,137	SH		SOLE		11,137	0	0
WASTE MANAGEMENT, INC.	common stock	94106L109	2,196	42,800	SH		OTR	1	42,800	0	0
WEATHERFORD INTERNATIONAL, LTD	common stock	G48833100	96	8,365	SH		SOLE		8,365	0	0
WELLS FARGO & COMPANY	common stock	949746101	4,837	88,234	SH		SOLE		88,234	0	0
WELLS FARGO & COMPANY	common stock	949746101	16,685	304,359	SH		OTR	1	304,359	0	0
WERNER ENTERPRISES, INC.	common stock	950755108	15	480	SH		SOLE		480	0	0
WESTAR ENERGY, INC.	common stock	95709T100	165	4,000	SH		SOLE		4,000	0	0
WEYERHAEUSER COMPANY	common stock	962166104	2,987	83,237	SH		SOLE		83,237	0	0
WEYERHAEUSER COMPANY	common stock	962166104	2,555	71,195	SH		OTR	1	71,195	0	0
WHITE MOUNTAINS INSURANCE GROU	common stock	G9618E107	126	200	SH		SOLE		200	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	395	8,784	SH		SOLE		8,784	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	5,353	119,116	SH		OTR	1	119,116	0	0
WPX ENERGY, INC.	common stock	98212B103	8	666	SH		SOLE		666	0	0
WYNDHAM WORLDWIDE CORPORATION	common stock	98310W108	455	5,300	SH		SOLE		5,300	0	0
YAHOO! INC.	common stock	984332106	188	3,728	SH		SOLE		3,728	0	0
YAHOO! INC.	common stock	984332106	2,273	45,000	SH		OTR	1	45,000	0	0
YUM! BRANDS, INC.	common stock	988498101	956	13,129	SH		SOLE		13,129	0	0
iSHARES RUSSELL MIDCAP INDEX	common stock	464287499	167	1,000	SH		SOLE		1,000	0	0
GDL FUND (THE) SER B PFD	preferred stock	361570302	5	100	SH		SOLE		100	0	0
VANGUARD WINDSOR FUND	mutual fund	922018106	6	297	SH		SOLE		297	0	0