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
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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	426	2,228	SH		SOLE		2,228	0	0
ABBOTT LABORATORIES	common stock	002824100	536	12,073	SH		SOLE		12,073	0	0
ABBOTT LABORATORIES	common stock	002824100	3,911	88,077	SH		OTR	1	88,077	0	0
ABBVIE, INC.	common stock	00287Y109	2,392	36,714	SH		SOLE		36,714	0	0
ABBVIE, INC.	common stock	00287Y109	11,100	170,343	SH		OTR	1	170,343	0	0
ACCO BRANDS CORPORATION	common stock	00081T108	3	234	SH		SOLE		234	0	0
ACTUA CORPORATION	common stock	005094107	21	1,500	SH		SOLE		1,500	0	0
AEROJET ROCKETDYNE HOLDINGS, I	common stock	007800105	21	960	SH		SOLE		960	0	0
AES CORPORATION (THE)	common stock	00130H105	31	2,800	SH		SOLE		2,800	0	0
AETNA, INC.	common stock	00817Y108	5,550	43,512	SH		SOLE		43,512	0	0
AETNA, INC.	common stock	00817Y108	24,800	194,431	SH		OTR	1	194,431	0	0
AKORN, INC.	common stock	009728106	24	1,000	SH		SOLE		1,000	0	0
ALIBABA GROUP HOLDING-SP ADR	common stock	01609W102	90	837	SH		SOLE		837	0	0
ALIBABA GROUP HOLDING-SP ADR	common stock	01609W102	1,117	10,363	SH		OTR	1	10,363	0	0
ALLEGHANY CORPORATION	common stock	017175100	25	40	SH		SOLE		40	0	0
ALLERGAN PLC	common stock	G0177J108	1,590	6,657	SH		SOLE		6,657	0	0
ALLERGAN PLC	common stock	G0177J108	10,147	42,470	SH		OTR	1	42,470	0	0
ALLIANCE DATA SYSTEM CORPORATI	common stock	018581108	16	63	SH		SOLE		63	0	0
ALPHABET, INC. CLASS A	common stock	02079K305	1,512	1,783	SH		SOLE		1,783	0	0
ALPHABET, INC. CLASS A	common stock	02079K305	10,610	12,515	SH		OTR	1	12,515	0	0
ALPHABET, INC. CLASS C	common stock	02079K107	2,905	3,502	SH		SOLE		3,502	0	0
ALPHABET, INC. CLASS C	common stock	02079K107	18,417	22,201	SH		OTR	1	22,201	0	0
AMERCO	common stock	023586100	23	60	SH		SOLE		60	0	0
AMERICAN EXPRESS CO.	common stock	025816109	3,491	44,126	SH		SOLE		44,126	0	0
AMERICAN EXPRESS CO.	common stock	025816109	19,251	243,339	SH		OTR	1	243,339	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	3,000	48,048	SH		SOLE		48,048	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	7,620	122,053	SH		OTR	1	122,053	0	0
ANADARKO PETROLEUM CORP.	common stock	032511107	850	13,716	SH		SOLE		13,716	0	0
ANADARKO PETROLEUM CORP.	common stock	032511107	3,690	59,513	SH		OTR	1	59,513	0	0
ANHEUSER-BUSCH INBEV SA/NV	common stock	03524A108	244	2,227	SH		SOLE		2,227	0	0
ANIXTER INTERNATIONAL, INC.	common stock	035290105	8	100	SH		SOLE		100	0	0
ANNALY CAPITAL MANAGEMENT, INC	common stock	035710409	4	400	SH		SOLE		400	0	0
AON CORPORATION	common stock	G0408V102	349	2,940	SH		SOLE		2,940	0	0
APACHE CORPORATION	common stock	037411105	762	14,837	SH		SOLE		14,837	0	0
APACHE CORPORATION	common stock	037411105	3,544	68,963	SH		OTR	1	68,963	0	0
APPLE, INC.	common stock	037833100	9,192	63,981	SH		SOLE		63,981	0	0
APPLE, INC.	common stock	037833100	49,848	346,984	SH		OTR	1	346,984	0	0
ASTORIA FINANCIAL CORP.	common stock	046265104	3	150	SH		SOLE		150	0	0
AT&T, INC.	common stock	00206R102	2,450	58,976	SH		SOLE		58,976	0	0
AT&T, INC.	common stock	00206R102	4,637	111,592	SH		OTR	1	111,592	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	1,483	14,488	SH		SOLE		14,488	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	10,705	104,548	SH		OTR	1	104,548	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	4,884	207,016	SH		SOLE		207,016	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	15,339	650,219	SH		OTR	1	650,219	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	712	15,080	SH		SOLE		15,080	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	3,769	79,800	SH		OTR	1	79,800	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
BAXTER INTERNATIONAL, INC.	common stock	071813109	435	8,391	SH		SOLE		8,391	0	0
BAXTER INTERNATIONAL, INC.	common stock	071813109	1,971	38,000	SH		OTR	1	38,000	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	2,321	13,923	SH		SOLE		13,923	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	5,115	30,689	SH		OTR	1	30,689	0	0
BLACK HILLS CORPORATION	common stock	092113109	11	160	SH		SOLE		160	0	0
BOEING COMPANY	common stock	097023105	4,366	24,689	SH		SOLE		24,689	0	0
BOEING COMPANY	common stock	097023105	21,451	121,289	SH		OTR	1	121,289	0	0
BP PLC SPONSORED ADR	common stock	055622104	37	1,058	SH		SOLE		1,058	0	0
CARROLS RESTAURANT GROUP, INC.	common stock	14574X104	100	7,100	SH		SOLE		7,100	0	0
CATERPILLAR, INC.	common stock	149123101	217	2,335	SH		SOLE		2,335	0	0
CATERPILLAR, INC.	common stock	149123101	3,061	33,000	SH		OTR	1	33,000	0	0
CELGENE CORPORATION	common stock	151020104	854	6,863	SH		SOLE		6,863	0	0
CELGENE CORPORATION	common stock	151020104	10,440	83,900	SH		OTR	1	83,900	0	0
CHUBB LTD	common stock	H1467J104	1,229	9,020	SH		SOLE		9,020	0	0
CHUBB LTD	common stock	H1467J104	7,665	56,257	SH		OTR	1	56,257	0	0
CIT GROUP, INC.	common stock	125581801	43	1,000	SH		SOLE		1,000	0	0
CITIGROUP, INC.	common stock	172967424	1,649	27,566	SH		SOLE		27,566	0	0
CITIGROUP, INC.	common stock	172967424	6,072	101,505	SH		OTR	1	101,505	0	0
COCA-COLA COMPANY (THE)	common stock	191216100	527	12,409	SH		SOLE		12,409	0	0
COMCAST CORP CL A	common stock	20030N101	3,235	86,072	SH		SOLE		86,072	0	0
COMCAST CORP CL A	common stock	20030N101	11,184	297,526	SH		OTR	1	297,526	0	0
COMMERCEHUB, INC. - SERIES A	common stock	20084V108	16	1,027	SH		SOLE		1,027	0	0
COMMERCEHUB, INC. - SERIES A	common stock	20084V108	78	5,070	SH		OTR	1	5,070	0	0
COMMERCEHUB, INC. - SERIES C	common stock	20084V306	32	2,056	SH		SOLE		2,056	0	0
COMMERCEHUB, INC. - SERIES C	common stock	20084V306	157	10,140	SH		OTR	1	10,140	0	0
COMPUTER SCIENCES CORP.	common stock	205363104	14	200	SH		SOLE		200	0	0
COMSCORE, INC.	common stock	20564W105	45	2,075	SH		SOLE		2,075	0	0
CONOCOPHILLIPS	common stock	20825C104	1,221	24,484	SH		SOLE		24,484	0	0
CONOCOPHILLIPS	common stock	20825C104	4,868	97,606	SH		OTR	1	97,606	0	0
COVANTA HOLDING CORPORATION	common stock	22282E102	183	11,661	SH		SOLE		11,661	0	0
COVANTA HOLDING CORPORATION	common stock	22282E102	693	44,121	SH		OTR	1	44,121	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	2,628	56,462	SH		SOLE		56,462	0	0
CSX CORPORATION	common stock	126408103	7,053	151,518	SH		OTR	1	151,518	0	0
CVS CAREMARK CORPORATION	common stock	126650100	3,364	42,853	SH		SOLE		42,853	0	0
CVS CAREMARK CORPORATION	common stock	126650100	15,943	203,093	SH		OTR	1	203,093	0	0
DEVON ENERGY CORP.	common stock	25179M103	360	8,618	SH		SOLE		8,618	0	0
DEVON ENERGY CORP.	common stock	25179M103	1,970	47,210	SH		OTR	1	47,210	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	808	11,821	SH		SOLE		11,821	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	3,645	53,301	SH		OTR	1	53,301	0	0
DISCOVERY COMMUNICATIONS, INC.	common stock	25470F104	7	251	SH		SOLE		251	0	0
DISCOVERY COMMUNICATIONS, INC.	common stock	25470F302	21	753	SH		SOLE		753	0	0
DOMINION RESOURCES, INC.	common stock	25746U109	221	2,853	SH		SOLE		2,853	0	0
DR. PEPPER SNAPPLE GROUP	common stock	26138E109	10	100	SH		SOLE		100	0	0
DRIVE SHACK, INC.	common stock	262077100	62	15,000	SH		SOLE		15,000	0	0
DTE ENERGY COMPANY	common stock	233331107	16	160	SH		SOLE		160	0	0
DUKE ENERGY CORP. NEW	common stock	26441C204	375	4,576	SH		SOLE		4,576	0	0
DUPONT(E.I.) DE NEMOURS & CO.	common stock	263534109	2,558	31,845	SH		SOLE		31,845	0	0
DUPONT(E.I.) DE NEMOURS & CO.	common stock	263534109	16,031	199,568	SH		OTR	1	199,568	0	0
EBAY, INC.	common stock	278642103	532	15,849	SH		SOLE		15,849	0	0
EBAY, INC.	common stock	278642103	5,893	175,556	SH		OTR	1	175,556	0	0
ENBRIDGE, INC.	common stock	29250N105	1,108	26,482	SH		SOLE		26,482	0	0
ENBRIDGE, INC.	common stock	29250N105	8,108	193,782	SH		OTR	1	193,782	0	0
ENVISION HEALTHCARE CORP.	common stock	29414D100	18	300	SH		SOLE		300	0	0
EOG RESOURCES, INC.	common stock	26875P101	697	7,146	SH		SOLE		7,146	0	0
EOG RESOURCES, INC.	common stock	26875P101	5,064	51,909	SH		OTR	1	51,909	0	0
FINISAR CORPORATION	common stock	31787A507	2	70	SH		SOLE		70	0	0
FOREST CITY ENTERPRISES A	common stock	345550107	22	1,000	SH		SOLE		1,000	0	0
FRP Holdings, Inc.	common stock	30292L107	4	100	SH		SOLE		100	0	0
GENERAL ELECTRIC COMPANY	common stock	369604103	1,331	44,653	SH		SOLE		44,653	0	0
GENERAL ELECTRIC COMPANY	common stock	369604103	5,328	178,800	SH		OTR	1	178,800	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	2,342	10,193	SH		SOLE		10,193	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	6,974	30,359	SH		OTR	1	30,359	0	0
HARLEY DAVIDSON, INC.	common stock	412822108	39	650	SH		SOLE		650	0	0
HCP, INC.	common stock	40414L109	864	27,609	SH		SOLE		27,609	0	0
HCP, INC.	common stock	40414L109	6,479	207,141	SH		OTR	1	207,141	0	0
HESS CORPORATION	common stock	42809H107	354	7,338	SH		SOLE		7,338	0	0
HESS CORPORATION	common stock	42809H107	2,769	57,435	SH		OTR	1	57,435	0	0
HEXCEL CORPORATION	common stock	428291108	136	2,500	SH		SOLE		2,500	0	0
HOME DEPOT, INC.	common stock	437076102	1,283	8,740	SH		SOLE		8,740	0	0
HOME DEPOT, INC.	common stock	437076102	9,103	62,000	SH		OTR	1	62,000	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	1,012	8,105	SH		SOLE		8,105	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	7,704	61,700	SH		OTR	1	61,700	0	0
HORIZON PHARMA PLC	common stock	G4617B105	2	150	SH		SOLE		150	0	0
ICU MEDICAL, INC.	common stock	44930G107	15	100	SH		SOLE		100	0	0
ILG, INC.	common stock	44967H101	62	2,973	SH		SOLE		2,973	0	0
ILG, INC.	common stock	44967H101	42	2,000	SH		OTR	1	2,000	0	0
INFINERA CORPORATION	common stock	45667G103	21	2,010	SH		SOLE		2,010	0	0
INGEVITY CORPORATION	common stock	45688C107	6	92	SH		SOLE		92	0	0
INTEL CORP.	common stock	458140100	489	13,559	SH		SOLE		13,559	0	0
INTEL CORP.	common stock	458140100	4,548	126,101	SH		OTR	1	126,101	0	0
INTERACTIVE BROKERS GROUP,INC.	common stock	45841N107	76	2,200	SH		SOLE		2,200	0	0
INTERNATIONAL BUSINESS MACHINE	common stock	459200101	2,677	15,371	SH		SOLE		15,371	0	0
INTERNATIONAL BUSINESS MACHINE	common stock	459200101	8,614	49,464	SH		OTR	1	49,464	0	0
JACOBS ENGINEERING GROUP, INC.	common stock	469814107	179	3,240	SH		SOLE		3,240	0	0
JACOBS ENGINEERING GROUP, INC.	common stock	469814107	2,896	52,382	SH		OTR	1	52,382	0	0
JOHNSON & JOHNSON	common stock	478160104	825	6,622	SH		SOLE		6,622	0	0
JOHNSON & JOHNSON	common stock	478160104	8,837	70,950	SH		OTR	1	70,950	0	0
JOHNSON CONTROLS INTERNATIONAL	common stock	G51502105	125	2,963	SH		SOLE		2,963	0	0
JOHNSON CONTROLS INTERNATIONAL	common stock	G51502105	1,411	33,500	SH		OTR	1	33,500	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	2,588	29,468	SH		SOLE		29,468	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	10,357	117,902	SH		OTR	1	117,902	0	0
KEMET CORPORATION	common stock	488360108	4	300	SH		SOLE		300	0	0
KROGER CO.	common stock	501044101	135	4,584	SH		SOLE		4,584	0	0
LIBERTY BRAVES GROUP SER. A	common stock	531229706	3	128	SH		SOLE		128	0	0
LIBERTY BRAVES GROUP SER. A	common stock	531229706	287	12,000	SH		OTR	1	12,000	0	0
LIBERTY BRAVES GROUP SER. C	common stock	531229888	106	4,467	SH		SOLE		4,467	0	0
LIBERTY BRAVES GROUP SER. C	common stock	531229888	1,249	52,798	SH		OTR	1	52,798	0	0
LIBERTY BROADBAND CORP. - A	common stock	530307107	543	6,386	SH		SOLE		6,386	0	0
LIBERTY BROADBAND CORP. - A	common stock	530307107	1,649	19,379	SH		OTR	1	19,379	0	0
LIBERTY BROADBAND CORP. - C	common stock	530307305	1,995	23,095	SH		SOLE		23,095	0	0
LIBERTY BROADBAND CORP. - C	common stock	530307305	10,618	122,898	SH		OTR	1	122,898	0	0
LIBERTY EXPEDIA HOLDINGS SER.	common stock	53046P109	205	4,507	SH		SOLE		4,507	0	0
LIBERTY EXPEDIA HOLDINGS SER.	common stock	53046P109	706	15,530	SH		OTR	1	15,530	0	0
LIBERTY FORMULA ONE - A	common stock	531229870	223	6,835	SH		SOLE		6,835	0	0
LIBERTY FORMULA ONE - A	common stock	531229870	1,156	35,339	SH		OTR	1	35,339	0	0
LIBERTY FORMULA ONE - C	common stock	531229854	569	16,659	SH		SOLE		16,659	0	0
LIBERTY FORMULA ONE - C	common stock	531229854	4,802	140,626	SH		OTR	1	140,626	0	0
LIBERTY GLOBAL PLC LILAC A	common stock	G5480U138	144	6,462	SH		SOLE		6,462	0	0
LIBERTY GLOBAL PLC LILAC A	common stock	G5480U138	1,734	77,949	SH		OTR	1	77,949	0	0
LIBERTY GLOBAL PLC LILAC C	common stock	G5480U153	3	144	SH		SOLE		144	0	0
LIBERTY GLOBAL, INC. CLASS A	common stock	530555101	10	274	SH		SOLE		274	0	0
LIBERTY GLOBAL, INC. CLASS C	common stock	530555309	29	830	SH		SOLE		830	0	0
LIBERTY INTERACTIVE CORP Q-A	common stock	53071M104	1,018	50,872	SH		SOLE		50,872	0	0
LIBERTY INTERACTIVE CORP Q-A	common stock	53071M104	7,764	387,834	SH		OTR	1	387,834	0	0
LIBERTY SIRIUSXM GROUP SER. A	common stock	531229409	1,081	27,762	SH		SOLE		27,762	0	0
LIBERTY SIRIUSXM GROUP SER. A	common stock	531229409	8,029	206,297	SH		OTR	1	206,297	0	0
LIBERTY SIRIUSXM GROUP SER. C	common stock	531229607	3,698	95,348	SH		SOLE		95,348	0	0
LIBERTY SIRIUSXM GROUP SER. C	common stock	531229607	22,027	568,006	SH		OTR	1	568,006	0	0
LIBERTY TRIPADVISOR HOLDINGS I	common stock	531465102	66	4,661	SH		SOLE		4,661	0	0
LIBERTY TRIPADVISOR HOLDINGS I	common stock	531465102	645	45,715	SH		OTR	1	45,715	0	0
LIBERTY VENTURES SER. A	common stock	53071M856	301	6,759	SH		SOLE		6,759	0	0
LIBERTY VENTURES SER. A	common stock	53071M856	1,353	30,420	SH		OTR	1	30,420	0	0
LIONS GATE ENTERTAINMENT-B	common stock	535919500	291	11,922	SH		SOLE		11,922	0	0
LIONS GATE ENTERTAINMENT-B	common stock	535919500	1,346	55,206	SH		OTR	1	55,206	0	0
LIVE NATION ENTERTAINMENT, INC	common stock	538034109	12	400	SH		SOLE		400	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	1,606	19,534	SH		SOLE		19,534	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	13,067	158,952	SH		OTR	1	158,952	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55825T103	622	3,116	SH		SOLE		3,116	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55825T103	10,385	52,000	SH		OTR	1	52,000	0	0
MALLINCKRODT PLC	common stock	G5785G107	151	3,393	SH		SOLE		3,393	0	0
MARATHON OIL CORPORATION	common stock	565849106	116	7,327	SH		SOLE		7,327	0	0
MARATHON OIL CORPORATION	common stock	565849106	857	54,219	SH		OTR	1	54,219	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	1,660	32,846	SH		SOLE		32,846	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	13,487	266,865	SH		OTR	1	266,865	0	0
MARRIOTT INTERNATIONAL,INC. CL	common stock	571903202	824	8,744	SH		SOLE		8,744	0	0
MARRIOTT INTERNATIONAL,INC. CL	common stock	571903202	5,067	53,800	SH		OTR	1	53,800	0	0
MATTEL INC.	common stock	577081102	51	1,996	SH		SOLE		1,996	0	0
MCDONALD'S CORP.	common stock	580135101	1,581	12,200	SH		SOLE		12,200	0	0
MCDONALD'S CORP.	common stock	580135101	3,778	29,151	SH		OTR	1	29,151	0	0
MEDTRONIC INC.	common stock	G5960L103	1,990	24,701	SH		SOLE		24,701	0	0
MEDTRONIC INC.	common stock	G5960L103	15,974	198,290	SH		OTR	1	198,290	0	0
MERCK & CO. INC.	common stock	58933Y105	1,372	21,589	SH		SOLE		21,589	0	0
MERCK & CO. INC.	common stock	58933Y105	5,836	91,840	SH		OTR	1	91,840	0	0
METLIFE, INC.	common stock	59156R108	762	14,418	SH		SOLE		14,418	0	0
METLIFE, INC.	common stock	59156R108	6,397	121,116	SH		OTR	1	121,116	0	0
MICROSOFT CORPORATION	common stock	594918104	4,992	75,801	SH		SOLE		75,801	0	0
MICROSOFT CORPORATION	common stock	594918104	25,436	386,215	SH		OTR	1	386,215	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	897	20,821	SH		SOLE		20,821	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	3,020	70,100	SH		OTR	1	70,100	0	0
MONSANTO COMPANY	common stock	61166W101	1,315	11,614	SH		SOLE		11,614	0	0
MONSANTO COMPANY	common stock	61166W101	9,509	84,000	SH		OTR	1	84,000	0	0
MORGAN STANLEY	common stock	617446448	2,047	47,781	SH		SOLE		47,781	0	0
MORGAN STANLEY	common stock	617446448	5,217	121,790	SH		OTR	1	121,790	0	0
MSG NETWORKS INC CLASS A	common stock	553573106	220	9,419	SH		SOLE		9,419	0	0
MSG NETWORKS INC CLASS A	common stock	553573106	3,904	167,209	SH		OTR	1	167,209	0	0
NATIONAL FUEL GAS COMPANY	common stock	636180101	7	110	SH		SOLE		110	0	0
NEW YORK COMMUNITY BANCORP INC	common stock	649445103	13	900	SH		SOLE		900	0	0
NN, INC.	common stock	629337106	28	1,100	SH		SOLE		1,100	0	0
NORTHROP GRUMMAN CORP.	common stock	666807102	49	205	SH		SOLE		205	0	0
NORTHROP GRUMMAN CORP.	common stock	666807102	6,734	28,313	SH		OTR	1	28,313	0	0
ON ASSIGNMENT INC.	common stock	682159108	75	1,550	SH		SOLE		1,550	0	0
ONEOK, INC.	common stock	682680103	11	200	SH		SOLE		200	0	0
ORACLE CORPORATION	common stock	68389X105	2,666	59,753	SH		SOLE		59,753	0	0
ORACLE CORPORATION	common stock	68389X105	10,199	228,625	SH		OTR	1	228,625	0	0
ORBITAL ATK, INC.	common stock	68557N103	261	2,665	SH		SOLE		2,665	0	0
ORBITAL ATK, INC.	common stock	68557N103	2,342	23,900	SH		OTR	1	23,900	0	0
PATRIOT TRANSPORTATION HOLDING	common stock	70338W105	1	33	SH		SOLE		33	0	0
PAYPAL HOLDINGS, INC.	common stock	70450Y103	1,564	36,347	SH		SOLE		36,347	0	0
PAYPAL HOLDINGS, INC.	common stock	70450Y103	12,978	301,681	SH		OTR	1	301,681	0	0
PEPSICO, INC.	common stock	713448108	3,097	27,685	SH		SOLE		27,685	0	0
PEPSICO, INC.	common stock	713448108	14,417	128,884	SH		OTR	1	128,884	0	0
PFIZER, INC.	common stock	717081103	2,312	67,585	SH		SOLE		67,585	0	0
PFIZER, INC.	common stock	717081103	4,622	135,114	SH		OTR	1	135,114	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	1,838	16,277	SH		SOLE		16,277	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	4,523	40,060	SH		OTR	1	40,060	0	0
PHILLIPS 66	common stock	718546104	1,294	16,329	SH		SOLE		16,329	0	0
PHILLIPS 66	common stock	718546104	4,075	51,433	SH		OTR	1	51,433	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	1,565	17,423	SH		SOLE		17,423	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	3,042	33,856	SH		OTR	1	33,856	0	0
PROSPECT CAPITAL CORP	common stock	74348T102	11	1,200	SH		SOLE		1,200	0	0
QUALITY CARE PROPERTIES, INC.	common stock	747545101	2	80	SH		SOLE		80	0	0
RAYTHEON COMPANY	common stock	755111507	2,257	14,801	SH		SOLE		14,801	0	0
RAYTHEON COMPANY	common stock	755111507	17,191	112,727	SH		OTR	1	112,727	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	628	4,031	SH		SOLE		4,031	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	6,493	41,700	SH		OTR	1	41,700	0	0
SABRE CORPORATION	common stock	78573M104	192	9,080	SH		SOLE		9,080	0	0
SABRE CORPORATION	common stock	78573M104	1,948	91,920	SH		OTR	1	91,920	0	0
SCHLUMBERGER LIMITED	common stock	806857108	1,089	13,947	SH		SOLE		13,947	0	0
SCHLUMBERGER LIMITED	common stock	806857108	5,666	72,545	SH		OTR	1	72,545	0	0
SS&C TECHNOLOGIES HLDGS,INC.	common stock	78467J100	50	1,400	SH		SOLE		1,400	0	0
STARBUCKS CORPORATION	common stock	855244109	311	5,320	SH		SOLE		5,320	0	0
STATE STREET CORP.	common stock	857477103	1,995	25,060	SH		SOLE		25,060	0	0
STATE STREET CORP.	common stock	857477103	14,560	182,895	SH		OTR	1	182,895	0	0
SYNCHRONY FINANCIAL	common stock	87165B103	53	1,537	SH		SOLE		1,537	0	0
TD AMERITRADE HOLDING CORPORAT	common stock	87236Y108	12	300	SH		SOLE		300	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	1,067	14,315	SH		SOLE		14,315	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	7,367	98,824	SH		OTR	1	98,824	0	0
TEVA PHARMACEUTICAL INDUSTRIES	common stock	881624209	874	27,249	SH		OTR	1	27,249	0	0
TEXAS INSTRUMENTS	common stock	882508104	263	3,263	SH		SOLE		3,263	0	0
TEXAS INSTRUMENTS	common stock	882508104	3,746	46,500	SH		OTR	1	46,500	0	0
TIME WARNER, INC.	common stock	887317303	4,172	42,702	SH		SOLE		42,702	0	0
TIME WARNER, INC.	common stock	887317303	12,775	130,740	SH		OTR	1	130,740	0	0
TRAVELCENTERS OF AMERICA	common stock	894174101	10	1,700	SH		SOLE		1,700	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	1,955	16,219	SH		SOLE		16,219	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	15,097	125,244	SH		OTR	1	125,244	0	0
TWENTY-FIRST CENTURY FOX, INC.	common stock	90130A101	3,999	123,465	SH		SOLE		123,465	0	0
TWENTY-FIRST CENTURY FOX, INC.	common stock	90130A101	12,308	380,000	SH		OTR	1	380,000	0	0
U.S. BANCORP	common stock	902973304	2,607	50,629	SH		SOLE		50,629	0	0
U.S. BANCORP	common stock	902973304	7,288	141,512	SH		OTR	1	141,512	0	0
UDR, INC.	common stock	902653104	822	22,679	SH		SOLE		22,679	0	0
UDR, INC.	common stock	902653104	9,908	273,252	SH		OTR	1	273,252	0	0
UNION PACIFIC CORPORATION	common stock	907818108	2,162	20,410	SH		SOLE		20,410	0	0
UNION PACIFIC CORPORATION	common stock	907818108	16,023	151,275	SH		OTR	1	151,275	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	1,886	16,806	SH		SOLE		16,806	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	5,607	49,970	SH		OTR	1	49,970	0	0
UNITEDHEALTH GROUP, INC.	common stock	91324P102	805	4,907	SH		SOLE		4,907	0	0
VALLEY NATIONAL BANCORP	common stock	919794107	12	1,000	SH		SOLE		1,000	0	0
VALSPAR CORP.	common stock	920355104	67	600	SH		SOLE		600	0	0
VERISIGN, INC.	common stock	92343E102	737	8,460	SH		SOLE		8,460	0	0
VERISIGN, INC.	common stock	92343E102	5,129	58,885	SH		OTR	1	58,885	0	0
VERIZON COMMUNICATIONS	common stock	92343V104	430	8,826	SH		SOLE		8,826	0	0
VERIZON COMMUNICATIONS	common stock	92343V104	2,721	55,806	SH		OTR	1	55,806	0	0
VISA INC.	common stock	92826C839	771	8,679	SH		SOLE		8,679	0	0
VISA INC.	common stock	92826C839	5,211	58,635	SH		OTR	1	58,635	0	0
VODAFONE GROUP PLC NEW ADR	common stock	92857W308	3	118	SH		SOLE		118	0	0
W.R. BERKLEY CORPORATION	common stock	084423102	587	8,306	SH		SOLE		8,306	0	0
W.R. BERKLEY CORPORATION	common stock	084423102	4,561	64,583	SH		OTR	1	64,583	0	0
WALGREENS BOOTS ALLIANCE, INC.	common stock	931427108	2,386	28,727	SH		SOLE		28,727	0	0
WALGREENS BOOTS ALLIANCE, INC.	common stock	931427108	12,603	151,755	SH		OTR	1	151,755	0	0
WALT DISNEY COMPANY	common stock	254687106	2,000	17,642	SH		SOLE		17,642	0	0
WALT DISNEY COMPANY	common stock	254687106	7,654	67,500	SH		OTR	1	67,500	0	0
WELLS FARGO & COMPANY	common stock	949746101	2,719	48,858	SH		SOLE		48,858	0	0
WELLS FARGO & COMPANY	common stock	949746101	11,603	208,465	SH		OTR	1	208,465	0	0
WERNER ENTERPRISES, INC.	common stock	950755108	13	480	SH		SOLE		480	0	0
WESTROCK COMPANY	common stock	96145D105	29	553	SH		SOLE		553	0	0
WEYERHAEUSER COMPANY	common stock	962166104	325	9,551	SH		SOLE		9,551	0	0
WEYERHAEUSER COMPANY	common stock	962166104	1,278	37,600	SH		OTR	1	37,600	0	0
WHITE MOUNTAINS INSURANCE GROU	common stock	G9618E107	154	175	SH		SOLE		175	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	154	5,194	SH		SOLE		5,194	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	2,916	98,546	SH		OTR	1	98,546	0	0
WYNN RESORTS LTD.	common stock	983134107	69	600	SH		SOLE		600	0	0
YAHOO! INC.	common stock	984332106	101	2,181	SH		SOLE		2,181	0	0
YUM! BRANDS, INC.	common stock	988498101	134	2,099	SH		SOLE		2,099	0	0
YUM! CHINA HOLDINGS, INC.	common stock	98850P109	57	2,099	SH		SOLE		2,099	0	0
iSHARES RUSSELL MIDCAP INDEX	common stock	464287499	168	900	SH		SOLE		900	0	0
iSHARES US PREFERRED STOCK ETF	common stock	464288687	15	400	SH		SOLE		400	0	0
ALLERGAN, PLC PFD SER. A	preferred stock	G0177J116	174	205	SH		SOLE		205	0	0
ALLERGAN, PLC PFD SER. A	preferred stock	G0177J116	1,714	2,020	SH		OTR	1	2,020	0	0
GDL FUND (THE) SER B PFD	preferred stock	361570302	5	100	SH		SOLE		100	0	0