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
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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	3,028	20,100	SH		SOLE		20,100	0	0
3M COMPANY	common stock	88579Y101	3,320	22,041	SH		OTR	1	22,041	0	0
ABBOTT LABORATORIES	common stock	002824100	1,335	29,718	SH		SOLE		29,718	0	0
ABBOTT LABORATORIES	common stock	002824100	4,016	89,432	SH		OTR	1	89,432	0	0
ABBVIE, INC.	common stock	00287Y109	3,088	52,119	SH		SOLE		52,119	0	0
ABBVIE, INC.	common stock	00287Y109	9,214	155,543	SH		OTR	1	155,543	0	0
ACCO BRANDS CORPORATION	common stock	00081T108	2	234	SH		SOLE		234	0	0
ACTUA CORPORATION	common stock	005094107	17	1,500	SH		SOLE		1,500	0	0
AEROJET ROCKETDYNE HOLDINGS, I	common stock	007800105	33	2,110	SH		SOLE		2,110	0	0
AEROJET ROCKETDYNE HOLDINGS, I	common stock	007800105	2,039	130,180	SH		OTR	1	130,180	0	0
AES CORPORATION (THE)	common stock	00130H105	27	2,800	SH		SOLE		2,800	0	0
AETNA, INC.	common stock	00817Y108	9,255	85,601	SH		SOLE		85,601	0	0
AETNA, INC.	common stock	00817Y108	27,294	252,439	SH		OTR	1	252,439	0	0
AKORN, INC.	common stock	009728106	37	1,000	SH		SOLE		1,000	0	0
ALCATEL-LUCENT ADR	common stock	013904305	0	11	SH		SOLE		11	0	0
ALIBABA GROUP HOLDING-SP ADR	common stock	01609W102	341	4,202	SH		SOLE		4,202	0	0
ALIBABA GROUP HOLDING-SP ADR	common stock	01609W102	1,373	16,900	SH		OTR	1	16,900	0	0
ALLEGHANY CORPORATION	common stock	017175100	19	40	SH		SOLE		40	0	0
ALLIANCE DATA SYSTEM CORPORATI	common stock	018581108	17	63	SH		SOLE		63	0	0
ALLSTATE CORPORATION	common stock	020002101	1,240	19,971	SH		SOLE		19,971	0	0
ALLSTATE CORPORATION	common stock	020002101	3,587	57,766	SH		OTR	1	57,766	0	0
ALPHABET, INC. CLASS A	common stock	02079K305	2,921	3,755	SH		SOLE		3,755	0	0
ALPHABET, INC. CLASS A	common stock	02079K305	12,284	15,789	SH		OTR	1	15,789	0	0
ALPHABET, INC. CLASS C	common stock	02079K107	7,254	9,559	SH		SOLE		9,559	0	0
ALPHABET, INC. CLASS C	common stock	02079K107	16,590	21,861	SH		OTR	1	21,861	0	0
AMAZON.COM, INC.	common stock	023135106	51	75	SH		SOLE		75	0	0
AMC NETWORKS INC.	common stock	00164V103	435	5,825	SH		SOLE		5,825	0	0
AMERICAN EXPRESS CO.	common stock	025816109	6,053	87,032	SH		SOLE		87,032	0	0
AMERICAN EXPRESS CO.	common stock	025816109	22,642	325,556	SH		OTR	1	325,556	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	2,554	41,206	SH		SOLE		41,206	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	7,101	114,593	SH		OTR	1	114,593	0	0
AMERIPRISE FINANCIAL, INC.	common stock	03076C106	1,039	9,760	SH		SOLE		9,760	0	0
AMERIPRISE FINANCIAL, INC.	common stock	03076C106	635	5,969	SH		OTR	1	5,969	0	0
ANADARKO PETROLEUM CORP.	common stock	032511107	1,773	36,497	SH		SOLE		36,497	0	0
ANADARKO PETROLEUM CORP.	common stock	032511107	3,484	71,713	SH		OTR	1	71,713	0	0
ANIXTER INTERNATIONAL, INC.	common stock	035290105	6	100	SH		SOLE		100	0	0
AON CORPORATION	common stock	G0408V102	1,805	19,577	SH		SOLE		19,577	0	0
APACHE CORPORATION	common stock	037411105	1,347	30,291	SH		SOLE		30,291	0	0
APACHE CORPORATION	common stock	037411105	4,148	93,273	SH		OTR	1	93,273	0	0
APPLE, INC.	common stock	037833100	12,831	121,897	SH		SOLE		121,897	0	0
APPLE, INC.	common stock	037833100	42,624	404,938	SH		OTR	1	404,938	0	0
ASCENT CAPITAL GROUP, INC.	common stock	043632108	1	52	SH		SOLE		52	0	0
AT&T, INC.	common stock	00206R102	3,045	88,498	SH		SOLE		88,498	0	0
AT&T, INC.	common stock	00206R102	4,705	136,737	SH		OTR	1	136,737	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	3,534	41,714	SH		SOLE		41,714	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	11,331	133,743	SH		OTR	1	133,743	0	0
AVIS BUDGET GROUP, INC.	common stock	053774105	15	400	SH		SOLE		400	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	3,539	210,264	SH		SOLE		210,264	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	9,129	542,409	SH		OTR	1	542,409	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	2,078	50,416	SH		SOLE		50,416	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	3,581	86,871	SH		OTR	1	86,871	0	0
BARNES & NOBLE EDUCATION	common stock	06777U101	1	94	SH		SOLE		94	0	0
BARNES & NOBLE, INC.	common stock	067774109	1	150	SH		SOLE		150	0	0
BAXALTA, INC.	common stock	07177M103	1,047	26,835	SH		SOLE		26,835	0	0
BAXALTA, INC.	common stock	07177M103	3,064	78,508	SH		OTR	1	78,508	0	0
BAXTER INTERNATIONAL, INC.	common stock	071813109	903	23,665	SH		SOLE		23,665	0	0
BAXTER INTERNATIONAL, INC.	common stock	071813109	1,631	42,750	SH		OTR	1	42,750	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	1,263	9,565	SH		SOLE		9,565	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	3,202	24,249	SH		OTR	1	24,249	0	0
BLACK HILLS CORPORATION	common stock	092113109	7	160	SH		SOLE		160	0	0
BOEING COMPANY	common stock	097023105	7,196	49,765	SH		SOLE		49,765	0	0
BOEING COMPANY	common stock	097023105	23,154	160,139	SH		OTR	1	160,139	0	0
BP PLC SPONSORED ADR	common stock	055622104	249	7,979	SH		SOLE		7,979	0	0
CABLEVISION SYSTEMS CORP. CL A	common stock	12686C109	375	11,754	SH		SOLE		11,754	0	0
CATERPILLAR, INC.	common stock	149123101	2,777	40,857	SH		SOLE		40,857	0	0
CATERPILLAR, INC.	common stock	149123101	6,330	93,145	SH		OTR	1	93,145	0	0
CELADON GROUP, INC.	common stock	150838100	15	1,500	SH		SOLE		1,500	0	0
CELGENE CORPORATION	common stock	151020104	801	6,688	SH		SOLE		6,688	0	0
CELGENE CORPORATION	common stock	151020104	13,078	109,200	SH		OTR	1	109,200	0	0
CENTURYTEL, INC.	common stock	156700106	19	749	SH		SOLE		749	0	0
CHEMOURS COMPANY/THE	common stock	163851108	71	13,160	SH		SOLE		13,160	0	0
CHESAPEAKE ENERGY CORPORATION	common stock	165167107	281	62,530	SH		SOLE		62,530	0	0
CHESAPEAKE ENERGY CORPORATION	common stock	165167107	1,171	260,116	SH		OTR	1	260,116	0	0
CHEVRON CORPORATION	common stock	166764100	2,495	27,729	SH		SOLE		27,729	0	0
CHEVRON CORPORATION	common stock	166764100	837	9,300	SH		OTR	1	9,300	0	0
CHUBB CORPORATION	common stock	171232101	4,298	32,407	SH		SOLE		32,407	0	0
CHUBB CORPORATION	common stock	171232101	12,690	95,676	SH		OTR	1	95,676	0	0
CITIGROUP, INC.	common stock	172967424	4,154	80,269	SH		SOLE		80,269	0	0
CITIGROUP, INC.	common stock	172967424	4,363	84,305	SH		OTR	1	84,305	0	0
CMS ENERGY CORPORATION	common stock	125896100	325	9,000	SH		SOLE		9,000	0	0
COCA-COLA COMPANY (THE)	common stock	191216100	3,618	84,207	SH		SOLE		84,207	0	0
COCA-COLA COMPANY (THE)	common stock	191216100	7,191	167,393	SH		OTR	1	167,393	0	0
COMCAST CORP CL A	common stock	20030N101	2,714	48,091	SH		SOLE		48,091	0	0
COMCAST CORP CL A	common stock	20030N101	9,737	172,543	SH		OTR	1	172,543	0	0
COMPUTER SCIENCES CORP.	common stock	205363104	7	200	SH		SOLE		200	0	0
CONOCOPHILLIPS	common stock	20825C104	2,155	46,152	SH		SOLE		46,152	0	0
CONOCOPHILLIPS	common stock	20825C104	5,028	107,681	SH		OTR	1	107,681	0	0
CORNING,INC.	common stock	219350105	718	39,268	SH		SOLE		39,268	0	0
CORNING,INC.	common stock	219350105	2,931	160,347	SH		OTR	1	160,347	0	0
COVANTA HOLDING CORPORATION	common stock	22282E102	187	12,086	SH		SOLE		12,086	0	0
COVANTA HOLDING CORPORATION	common stock	22282E102	3,212	207,354	SH		OTR	1	207,354	0	0
CRIMSON WINE GROUP, LTD.	common stock	22662X100	0	40	SH		SOLE		40	0	0
CSRA, INC.	common stock	12650T104	6	200	SH		SOLE		200	0	0
CSX CORPORATION	common stock	126408103	1,785	68,800	SH		SOLE		68,800	0	0
CSX CORPORATION	common stock	126408103	5,961	229,725	SH		OTR	1	229,725	0	0
CVS CAREMARK CORPORATION	common stock	126650100	10,456	106,940	SH		SOLE		106,940	0	0
CVS CAREMARK CORPORATION	common stock	126650100	15,831	161,921	SH		OTR	1	161,921	0	0
DEVON ENERGY CORP.	common stock	25179M103	1,259	39,329	SH		SOLE		39,329	0	0
DEVON ENERGY CORP.	common stock	25179M103	2,264	70,760	SH		OTR	1	70,760	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	2,617	48,805	SH		SOLE		48,805	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	6,464	120,549	SH		OTR	1	120,549	0	0
DOMINION RESOURCES, INC.	common stock	25746U109	1,399	20,677	SH		SOLE		20,677	0	0
DR. PEPPER SNAPPLE GROUP	common stock	26138E109	9	100	SH		SOLE		100	0	0
DTE ENERGY COMPANY	common stock	233331107	13	160	SH		SOLE		160	0	0
DUKE ENERGY CORP. NEW	common stock	26441C204	1,506	21,099	SH		SOLE		21,099	0	0
DUKE ENERGY CORP. NEW	common stock	26441C204	607	8,500	SH		OTR	1	8,500	0	0
DUPONT(E.I.) DE NEMOURS & CO.	common stock	263534109	5,839	87,678	SH		SOLE		87,678	0	0
DUPONT(E.I.) DE NEMOURS & CO.	common stock	263534109	19,190	288,135	SH		OTR	1	288,135	0	0
EBAY, INC.	common stock	278642103	1,587	57,765	SH		SOLE		57,765	0	0
EBAY, INC.	common stock	278642103	5,607	204,041	SH		OTR	1	204,041	0	0
EOG RESOURCES, INC.	common stock	26875P101	1,344	18,983	SH		SOLE		18,983	0	0
EOG RESOURCES, INC.	common stock	26875P101	4,877	68,892	SH		OTR	1	68,892	0	0
FEDEX CORPORATION	common stock	31428X106	60	400	SH		SOLE		400	0	0
FINISAR CORPORATION	common stock	31787A507	1	102	SH		SOLE		102	0	0
FMC CORP.	common stock	302491303	159	4,065	SH		SOLE		4,065	0	0
FMC CORP.	common stock	302491303	2,032	51,935	SH		OTR	1	51,935	0	0
FOREST CITY ENTERPRISES A	common stock	345550107	22	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	3	100	SH		SOLE		100	0	0
GENERAL ELECTRIC COMPANY	common stock	369604103	4,040	129,708	SH		SOLE		129,708	0	0
GENERAL ELECTRIC COMPANY	common stock	369604103	6,739	216,333	SH		OTR	1	216,333	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	1,615	8,959	SH		SOLE		8,959	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	5,294	29,374	SH		OTR	1	29,374	0	0
HARLEY DAVIDSON, INC.	common stock	412822108	30	650	SH		SOLE		650	0	0
HARTFORD FINANCIAL SERVICES GR	common stock	416515104	6	135	SH		SOLE		135	0	0
HCP, INC.	common stock	40414L109	3,519	92,017	SH		SOLE		92,017	0	0
HCP, INC.	common stock	40414L109	8,755	228,946	SH		OTR	1	228,946	0	0
HESS CORPORATION	common stock	42809H107	1,838	37,906	SH		SOLE		37,906	0	0
HESS CORPORATION	common stock	42809H107	3,821	78,820	SH		OTR	1	78,820	0	0
HEXCEL CORPORATION	common stock	428291108	121	2,600	SH		SOLE		2,600	0	0
HOME DEPOT, INC.	common stock	437076102	3,174	24,000	SH		SOLE		24,000	0	0
HOME DEPOT, INC.	common stock	437076102	9,745	73,683	SH		OTR	1	73,683	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	936	9,036	SH		SOLE		9,036	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	6,955	67,150	SH		OTR	1	67,150	0	0
HORIZON PHARMA PLC	common stock	G4617B105	3	150	SH		SOLE		150	0	0
ICU MEDICAL, INC.	common stock	44930G107	11	100	SH		SOLE		100	0	0
INFINERA CORPORATION	common stock	45667G103	17	950	SH		SOLE		950	0	0
INTEL CORP.	common stock	458140100	1,905	55,301	SH		SOLE		55,301	0	0
INTEL CORP.	common stock	458140100	5,752	166,976	SH		OTR	1	166,976	0	0
INTERNATIONAL BUSINESS MACHINE	common stock	459200101	3,138	22,801	SH		SOLE		22,801	0	0
INTERNATIONAL BUSINESS MACHINE	common stock	459200101	9,048	65,744	SH		OTR	1	65,744	0	0
JACOBS ENGINEERING GROUP, INC.	common stock	469814107	768	18,310	SH		SOLE		18,310	0	0
JACOBS ENGINEERING GROUP, INC.	common stock	469814107	3,361	80,124	SH		OTR	1	80,124	0	0
JOHNSON & JOHNSON	common stock	478160104	3,442	33,506	SH		SOLE		33,506	0	0
JOHNSON & JOHNSON	common stock	478160104	8,302	80,825	SH		OTR	1	80,825	0	0
JOHNSON CONTROLS, INC.	common stock	478366107	422	10,675	SH		SOLE		10,675	0	0
JOHNSON CONTROLS, INC.	common stock	478366107	1,643	41,605	SH		OTR	1	41,605	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	3,324	50,336	SH		SOLE		50,336	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	8,412	127,392	SH		OTR	1	127,392	0	0
KEMET CORPORATION	common stock	488360108	1	300	SH		SOLE		300	0	0
KROGER CO.	common stock	501044101	834	19,928	SH		SOLE		19,928	0	0
LEUCADIA NATIONAL CORPORATION	common stock	527288104	21	1,210	SH		SOLE		1,210	0	0
LIBERTY BROADBAND CORP. - A	common stock	530307107	843	16,325	SH		SOLE		16,325	0	0
LIBERTY BROADBAND CORP. - A	common stock	530307107	1,776	34,379	SH		OTR	1	34,379	0	0
LIBERTY BROADBAND CORP. - C	common stock	530307305	2,117	40,825	SH		SOLE		40,825	0	0
LIBERTY BROADBAND CORP. - C	common stock	530307305	7,163	138,119	SH		OTR	1	138,119	0	0
LIBERTY MEDIA CLASS C	common stock	531229300	5,952	156,296	SH		SOLE		156,296	0	0
LIBERTY MEDIA CLASS C	common stock	531229300	23,141	607,706	SH		OTR	1	607,706	0	0
LIBERTY MEDIA CORPORATION	common stock	531229102	2,750	70,066	SH		SOLE		70,066	0	0
LIBERTY MEDIA CORPORATION	common stock	531229102	9,480	241,538	SH		OTR	1	241,538	0	0
LIBERTY MEDIA HOLDING CORP.-IN	common stock	53071M104	2,695	98,633	SH		SOLE		98,633	0	0
LIBERTY MEDIA HOLDING CORP.-IN	common stock	53071M104	9,328	341,424	SH		OTR	1	341,424	0	0
LIBERTY TRIPADVISOR HOLDINGS I	common stock	531465102	377	12,410	SH		SOLE		12,410	0	0
LIBERTY TRIPADVISOR HOLDINGS I	common stock	531465102	1,311	43,215	SH		OTR	1	43,215	0	0
LIBERTY VENTURES - SER A	common stock	53071M880	1,235	27,373	SH		SOLE		27,373	0	0
LIBERTY VENTURES - SER A	common stock	53071M880	2,549	56,501	SH		OTR	1	56,501	0	0
LIVE NATION ENTERTAINMENT, INC	common stock	538034109	10	400	SH		SOLE		400	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	4,321	56,828	SH		SOLE		56,828	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	13,654	179,567	SH		OTR	1	179,567	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55825T103	869	5,373	SH		SOLE		5,373	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55825T103	7,746	47,877	SH		OTR	1	47,877	0	0
MALLINCKRODT PLC	common stock	G5785G107	1,246	16,693	SH		SOLE		16,693	0	0
MARATHON OIL CORPORATION	common stock	565849106	707	56,148	SH		SOLE		56,148	0	0
MARATHON OIL CORPORATION	common stock	565849106	1,719	136,519	SH		OTR	1	136,519	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	3,979	76,761	SH		SOLE		76,761	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	10,306	198,795	SH		OTR	1	198,795	0	0
MATTEL INC.	common stock	577081102	98	3,596	SH		SOLE		3,596	0	0
MCDONALD'S CORP.	common stock	580135101	1,661	14,061	SH		SOLE		14,061	0	0
MCDONALD'S CORP.	common stock	580135101	5,688	48,150	SH		OTR	1	48,150	0	0
MEDTRONIC INC.	common stock	G5960L103	4,544	59,068	SH		SOLE		59,068	0	0
MEDTRONIC INC.	common stock	G5960L103	16,150	209,956	SH		OTR	1	209,956	0	0
MERCK & CO. INC.	common stock	58933Y105	2,907	55,032	SH		SOLE		55,032	0	0
MERCK & CO. INC.	common stock	58933Y105	4,675	88,515	SH		OTR	1	88,515	0	0
METLIFE, INC.	common stock	59156R108	1,424	29,528	SH		SOLE		29,528	0	0
METLIFE, INC.	common stock	59156R108	4,441	92,123	SH		OTR	1	92,123	0	0
MICROSOFT CORPORATION	common stock	594918104	7,426	133,848	SH		SOLE		133,848	0	0
MICROSOFT CORPORATION	common stock	594918104	23,329	420,495	SH		OTR	1	420,495	0	0
MID AMERICAN APARTMENT COMMUNI	common stock	59522j103	33	360	SH		SOLE		360	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	2,398	53,483	SH		SOLE		53,483	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	2,193	48,918	SH		OTR	1	48,918	0	0
MONSANTO COMPANY	common stock	61166W101	4,987	50,619	SH		SOLE		50,619	0	0
MONSANTO COMPANY	common stock	61166W101	15,439	156,709	SH		OTR	1	156,709	0	0
MSG NETWORKS INC CLASS A	common stock	553573106	349	16,784	SH		SOLE		16,784	0	0
MSG NETWORKS INC CLASS A	common stock	553573106	3,237	155,603	SH		OTR	1	155,603	0	0
NATIONAL FUEL GAS COMPANY	common stock	636180101	220	5,157	SH		SOLE		5,157	0	0
NATIONAL FUEL GAS COMPANY	common stock	636180101	665	15,567	SH		OTR	1	15,567	0	0
NCR CORP.	common stock	62886E108	1	23	SH		SOLE		23	0	0
NEW YORK COMMUNITY BANCORP INC	common stock	649445103	8	500	SH		SOLE		500	0	0
NN, INC.	common stock	629337106	18	1,100	SH		SOLE		1,100	0	0
NORTHERN TRUST COMPANY	common stock	665859104	1,113	15,440	SH		SOLE		15,440	0	0
NORTHROP GRUMMAN CORP.	common stock	666807102	801	4,245	SH		SOLE		4,245	0	0
NORTHROP GRUMMAN CORP.	common stock	666807102	5,950	31,513	SH		OTR	1	31,513	0	0
ON ASSIGNMENT INC.	common stock	682159108	70	1,550	SH		SOLE		1,550	0	0
ONEOK, INC.	common stock	682680103	5	200	SH		SOLE		200	0	0
ORACLE CORPORATION	common stock	68389X105	3,040	83,226	SH		SOLE		83,226	0	0
ORACLE CORPORATION	common stock	68389X105	7,731	211,628	SH		OTR	1	211,628	0	0
ORBITAL ATK, INC.	common stock	68557N103	280	3,133	SH		SOLE		3,133	0	0
ORBITAL ATK, INC.	common stock	68557N103	4,365	48,855	SH		OTR	1	48,855	0	0
OUTERWALL INC.	common stock	690070107	460	12,593	SH		SOLE		12,593	0	0
OUTERWALL INC.	common stock	690070107	1,246	34,108	SH		OTR	1	34,108	0	0
OUTFRONT MEDIA, INC.	common stock	69007J106	64	2,930	SH		SOLE		2,930	0	0
PATRIOT TRANSPORTATION HOLDING	common stock	70338W105	1	33	SH		SOLE		33	0	0
PAYPAL HOLDINGS, INC.	common stock	70450Y103	3,338	92,201	SH		SOLE		92,201	0	0
PAYPAL HOLDINGS, INC.	common stock	70450Y103	9,955	274,997	SH		OTR	1	274,997	0	0
PEP BOYS MANNY MOE & JACK	common stock	713278109	17	900	SH		SOLE		900	0	0
PEPSICO, INC.	common stock	713448108	6,781	67,866	SH		SOLE		67,866	0	0
PEPSICO, INC.	common stock	713448108	14,105	141,166	SH		OTR	1	141,166	0	0
PFIZER, INC.	common stock	717081103	2,366	73,304	SH		SOLE		73,304	0	0
PFIZER, INC.	common stock	717081103	4,279	132,550	SH		OTR	1	132,550	0	0
PHH CORPORATION	common stock	693320202	28	1,725	SH		SOLE		1,725	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	2,109	23,987	SH		SOLE		23,987	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	6,092	69,294	SH		OTR	1	69,294	0	0
PHILLIPS 66	common stock	718546104	1,407	17,201	SH		SOLE		17,201	0	0
PHILLIPS 66	common stock	718546104	2,579	31,528	SH		OTR	1	31,528	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	2,373	29,882	SH		SOLE		29,882	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	4,104	51,683	SH		OTR	1	51,683	0	0
PROSPECT CAPITAL CORP	common stock	74348T102	12	1,700	SH		SOLE		1,700	0	0
RAYTHEON COMPANY	common stock	755111507	4,313	34,637	SH		SOLE		34,637	0	0
RAYTHEON COMPANY	common stock	755111507	10,571	84,890	SH		OTR	1	84,890	0	0
READING INTERNATIONAL, INC. CL	common stock	755408101	2	187	SH		SOLE		187	0	0
RENTRAK CORPORATION	common stock	760174102	24	500	SH		SOLE		500	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	759	7,394	SH		SOLE		7,394	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	7,465	72,747	SH		OTR	1	72,747	0	0
SCHLUMBERGER LIMITED	common stock	806857108	2,236	32,059	SH		SOLE		32,059	0	0
SCHLUMBERGER LIMITED	common stock	806857108	5,290	75,838	SH		OTR	1	75,838	0	0
SEVENTY SEVEN ENERGY INC	common stock	818097107	0	475	SH		SOLE		475	0	0
SPECTRA ENERGY CORPORATION	common stock	847560109	1,552	64,839	SH		SOLE		64,839	0	0
SPECTRA ENERGY CORPORATION	common stock	847560109	5,788	241,776	SH		OTR	1	241,776	0	0
SPRINT NEXTEL CORPORATION	common stock	852061100	0	130	SH		SOLE		130	0	0
ST. JOE COMPANY	common stock	790148100	141	7,600	SH		SOLE		7,600	0	0
STARBUCKS CORPORATION	common stock	855244109	817	13,618	SH		SOLE		13,618	0	0
STARWOOD HOTELS & RESORTS	common stock	85590A401	3,079	44,436	SH		SOLE		44,436	0	0
STARWOOD HOTELS & RESORTS	common stock	85590A401	8,673	125,186	SH		OTR	1	125,186	0	0
STARZ, LLC	common stock	85571Q102	1,721	51,382	SH		SOLE		51,382	0	0
STARZ, LLC	common stock	85571Q102	2,820	84,177	SH		OTR	1	84,177	0	0
STATE STREET CORP.	common stock	857477103	6,230	93,877	SH		SOLE		93,877	0	0
STATE STREET CORP.	common stock	857477103	14,221	214,304	SH		OTR	1	214,304	0	0
SYNCHRONY FINANCIAL	common stock	87165B103	264	8,676	SH		SOLE		8,676	0	0
SYNCHRONY FINANCIAL	common stock	87165B103	480	15,800	SH		OTR	1	15,800	0	0
SYNGENTA AG	common stock	87160A100	643	8,167	SH		SOLE		8,167	0	0
SYNGENTA AG	common stock	87160A100	1,864	23,681	SH		OTR	1	23,681	0	0
TD AMERITRADE HOLDING CORPORAT	common stock	87236Y108	10	300	SH		SOLE		300	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	1,606	24,853	SH		SOLE		24,853	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	9,289	143,773	SH		OTR	1	143,773	0	0
TERADATA CORPORATION	common stock	88076W103	3	100	SH		SOLE		100	0	0
TEVA PHARMACEUTICAL INDUSTRIES	common stock	881624209	1,920	29,249	SH		OTR	1	29,249	0	0
TEXAS INSTRUMENTS	common stock	882508104	1,161	21,183	SH		SOLE		21,183	0	0
TEXAS INSTRUMENTS	common stock	882508104	3,222	58,778	SH		OTR	1	58,778	0	0
TIME INC NEW	common stock	887228104	4	281	SH		SOLE		281	0	0
TIME WARNER CABLE, INC.	common stock	88732J207	134	724	SH		SOLE		724	0	0
TIME WARNER, INC.	common stock	887317303	3,793	58,659	SH		SOLE		58,659	0	0
TIME WARNER, INC.	common stock	887317303	9,105	140,789	SH		OTR	1	140,789	0	0
TRAVELCENTERS OF AMERICA	common stock	894174101	16	1,700	SH		SOLE		1,700	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	7,263	64,354	SH		SOLE		64,354	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	18,571	164,548	SH		OTR	1	164,548	0	0
TWENTY-FIRST CENTURY FOX, INC.	common stock	90130A101	1,904	70,101	SH		SOLE		70,101	0	0
TWENTY-FIRST CENTURY FOX, INC.	common stock	90130A101	4,814	177,240	SH		OTR	1	177,240	0	0
TYCO INTERNATIONAL, PLC	common stock	G91442106	501	15,695	SH		SOLE		15,695	0	0
TYCO INTERNATIONAL, PLC	common stock	G91442106	3,029	94,991	SH		OTR	1	94,991	0	0
U.S. BANCORP	common stock	902973304	3,858	90,419	SH		SOLE		90,419	0	0
U.S. BANCORP	common stock	902973304	9,417	220,697	SH		OTR	1	220,697	0	0
UDR, INC.	common stock	902653104	2,993	79,664	SH		SOLE		79,664	0	0
UDR, INC.	common stock	902653104	12,384	329,624	SH		OTR	1	329,624	0	0
UNION PACIFIC CORPORATION	common stock	907818108	5,118	65,443	SH		SOLE		65,443	0	0
UNION PACIFIC CORPORATION	common stock	907818108	13,853	177,145	SH		OTR	1	177,145	0	0
UNITED STATES STEEL CORPORATIO	common stock	912909108	18	2,300	SH		SOLE		2,300	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	1,194	12,426	SH		SOLE		12,426	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	4,801	49,970	SH		OTR	1	49,970	0	0
UNITEDHEALTH GROUP, INC.	common stock	91324P102	3,057	25,983	SH		SOLE		25,983	0	0
VALLEY NATIONAL BANCORP	common stock	919794107	10	1,000	SH		SOLE		1,000	0	0
VALSPAR CORP.	common stock	920355104	2,341	28,220	SH		SOLE		28,220	0	0
VERISIGN, INC.	common stock	92343E102	2,213	25,328	SH		SOLE		25,328	0	0
VERISIGN, INC.	common stock	92343E102	6,380	73,035	SH		OTR	1	73,035	0	0
VERIZON COMMUNICATIONS	common stock	92343V104	2,046	44,274	SH		SOLE		44,274	0	0
VERIZON COMMUNICATIONS	common stock	92343V104	2,864	61,956	SH		OTR	1	61,956	0	0
VODAFONE GROUP PLC NEW ADR	common stock	92857W308	7	204	SH		SOLE		204	0	0
W.R. BERKLEY CORPORATION	common stock	084423102	2,813	51,373	SH		SOLE		51,373	0	0
W.R. BERKLEY CORPORATION	common stock	084423102	4,475	81,743	SH		OTR	1	81,743	0	0
WADDELL & REED FINANCIAL, INC.	common stock	930059100	4	124	SH		SOLE		124	0	0
WAL-MART STORES, INC.	common stock	931142103	2,055	33,523	SH		SOLE		33,523	0	0
WAL-MART STORES, INC.	common stock	931142103	5,619	91,672	SH		OTR	1	91,672	0	0
WALGREENS BOOTS ALLIANCE, INC.	common stock	931427108	4,537	53,275	SH		SOLE		53,275	0	0
WALGREENS BOOTS ALLIANCE, INC.	common stock	931427108	11,529	135,390	SH		OTR	1	135,390	0	0
WALT DISNEY COMPANY	common stock	254687106	1,979	18,830	SH		SOLE		18,830	0	0
WALT DISNEY COMPANY	common stock	254687106	3,373	32,100	SH		OTR	1	32,100	0	0
WASTE MANAGEMENT, INC.	common stock	94106L109	504	9,437	SH		SOLE		9,437	0	0
WEBSTER FINANCIAL CORPORATION	common stock	947890109	7	200	SH		SOLE		200	0	0
WELLS FARGO & COMPANY	common stock	949746101	4,007	73,707	SH		SOLE		73,707	0	0
WELLS FARGO & COMPANY	common stock	949746101	10,420	191,680	SH		OTR	1	191,680	0	0
WERNER ENTERPRISES, INC.	common stock	950755108	11	480	SH		SOLE		480	0	0
WESTAR ENERGY, INC.	common stock	95709T100	170	4,000	SH		SOLE		4,000	0	0
WESTROCK COMPANY	common stock	96145D105	25	553	SH		SOLE		553	0	0
WEYERHAEUSER COMPANY	common stock	962166104	1,377	45,924	SH		SOLE		45,924	0	0
WEYERHAEUSER COMPANY	common stock	962166104	1,521	50,725	SH		OTR	1	50,725	0	0
WHITE MOUNTAINS INSURANCE GROU	common stock	G9618E107	145	200	SH		SOLE		200	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	240	9,344	SH		SOLE		9,344	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	2,724	105,996	SH		OTR	1	105,996	0	0
WPX ENERGY, INC.	common stock	98212B103	4	666	SH		SOLE		666	0	0
WYNDHAM WORLDWIDE CORPORATION	common stock	98310W108	385	5,300	SH		SOLE		5,300	0	0
YAHOO! INC.	common stock	984332106	142	4,278	SH		SOLE		4,278	0	0
YAHOO! INC.	common stock	984332106	1,497	45,000	SH		OTR	1	45,000	0	0
YUM! BRANDS, INC.	common stock	988498101	868	11,879	SH		SOLE		11,879	0	0
iSHARES RUSSELL MIDCAP INDEX	common stock	464287499	144	900	SH		SOLE		900	0	0
GDL FUND (THE) SER B PFD	preferred stock	361570302	5	100	SH		SOLE		100	0	0