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
ABBOTT LABORATORIES	common stock	002824100	615	11,523	SH		SOLE		11,523	0	0
ABBOTT LABORATORIES	common stock	002824100	3,749	70,260	SH		OTR	1	70,260	0	0
ABBVIE, INC.	common stock	00287Y109	2,795	31,450	SH		SOLE		31,450	0	0
ABBVIE, INC.	common stock	00287Y109	10,773	121,234	SH		OTR	1	121,234	0	0
ACCO BRANDS CORPORATION	common stock	00081T108	3	234	SH		SOLE		234	0	0
ACTUA CORPORATION	common stock	005094107	23	1,500	SH		SOLE		1,500	0	0
AEROJET ROCKETDYNE HOLDINGS, I	common stock	007800105	27	775	SH		SOLE		775	0	0
AES CORPORATION (THE)	common stock	00130H105	31	2,800	SH		SOLE		2,800	0	0
AETNA, INC.	common stock	00817Y108	6,317	39,724	SH		SOLE		39,724	0	0
AETNA, INC.	common stock	00817Y108	26,746	168,205	SH		OTR	1	168,205	0	0
AKORN, INC.	common stock	009728106	27	800	SH		SOLE		800	0	0
ALIBABA GROUP HOLDING-SP ADR	common stock	01609W102	145	837	SH		SOLE		837	0	0
ALIBABA GROUP HOLDING-SP ADR	common stock	01609W102	1,649	9,545	SH		OTR	1	9,545	0	0
ALKERMES PLC	common stock	G01767105	3	50	SH		SOLE		50	0	0
ALLEGHANY CORPORATION	common stock	017175100	22	40	SH		SOLE		40	0	0
ALLERGAN PLC	common stock	G0177J108	1,914	9,339	SH		SOLE		9,339	0	0
ALLERGAN PLC	common stock	G0177J108	9,209	44,935	SH		OTR	1	44,935	0	0
ALLIANCE DATA SYSTEM CORPORATI	common stock	018581108	14	63	SH		SOLE		63	0	0
ALPHABET, INC. CLASS A	common stock	02079K305	1,532	1,573	SH		SOLE		1,573	0	0
ALPHABET, INC. CLASS A	common stock	02079K305	11,184	11,486	SH		OTR	1	11,486	0	0
ALPHABET, INC. CLASS C	common stock	02079K107	3,990	4,160	SH		SOLE		4,160	0	0
ALPHABET, INC. CLASS C	common stock	02079K107	20,030	20,884	SH		OTR	1	20,884	0	0
ALTABA, INC.	common stock	021346101	144	2,181	SH		SOLE		2,181	0	0
AMERICAN EXPRESS CO.	common stock	025816109	3,465	38,301	SH		SOLE		38,301	0	0
AMERICAN EXPRESS CO.	common stock	025816109	15,837	175,070	SH		OTR	1	175,070	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	3,430	55,868	SH		SOLE		55,868	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	7,686	125,193	SH		OTR	1	125,193	0	0
ANADARKO PETROLEUM CORP.	common stock	032511107	611	12,515	SH		SOLE		12,515	0	0
ANADARKO PETROLEUM CORP.	common stock	032511107	2,540	51,994	SH		OTR	1	51,994	0	0
ANHEUSER-BUSCH INBEV SA/NV	common stock	03524A108	240	2,008	SH		SOLE		2,008	0	0
ANIXTER INTERNATIONAL, INC.	common stock	035290105	8	100	SH		SOLE		100	0	0
ANNALY CAPITAL MANAGEMENT, INC	common stock	035710409	5	400	SH		SOLE		400	0	0
AON CORPORATION	common stock	G0408V102	371	2,538	SH		SOLE		2,538	0	0
APACHE CORPORATION	common stock	037411105	471	10,283	SH		SOLE		10,283	0	0
APACHE CORPORATION	common stock	037411105	2,469	53,911	SH		OTR	1	53,911	0	0
APPLE, INC.	common stock	037833100	9,512	61,720	SH		SOLE		61,720	0	0
APPLE, INC.	common stock	037833100	47,617	308,963	SH		OTR	1	308,963	0	0
ASTORIA FINANCIAL CORP.	common stock	046265104	3	150	SH		SOLE		150	0	0
AT&T, INC.	common stock	00206R102	2,347	59,921	SH		SOLE		59,921	0	0
AT&T, INC.	common stock	00206R102	4,315	110,154	SH		OTR	1	110,154	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	976	8,924	SH		SOLE		8,924	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	8,087	73,976	SH		OTR	1	73,976	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	5,115	201,837	SH		SOLE		201,837	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	15,419	608,500	SH		OTR	1	608,500	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	677	12,778	SH		SOLE		12,778	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	3,830	72,243	SH		OTR	1	72,243	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	459	7,322	SH		SOLE		7,322	0	0
BAXTER INTERNATIONAL, INC.	common stock	071813109	1,348	21,490	SH		OTR	1	21,490	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	3,239	17,671	SH		SOLE		17,671	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	5,265	28,719	SH		OTR	1	28,719	0	0
BLACK HILLS CORPORATION	common stock	092113109	11	160	SH		SOLE		160	0	0
BLACKROCK, INC.	common stock	09247X101	684	1,530	SH		SOLE		1,530	0	0
BOEING CO. (THE)	common stock	097023105	5,667	22,293	SH		SOLE		22,293	0	0
BOEING CO. (THE)	common stock	097023105	25,349	99,716	SH		OTR	1	99,716	0	0
BP PLC SPONSORED ADR	common stock	055622104	41	1,058	SH		SOLE		1,058	0	0
BRIGHTHOUSE FINANCIAL, INC.	common stock	10922N103	83	1,361	SH		SOLE		1,361	0	0
BRIGHTHOUSE FINANCIAL, INC.	common stock	10922N103	597	9,818	SH		OTR	1	9,818	0	0
BUNGE LIMITED	common stock	G16962105	3	50	SH		SOLE		50	0	0
CARROLS RESTAURANT GROUP, INC.	common stock	14574X104	217	19,880	SH		SOLE		19,880	0	0
CATERPILLAR, INC.	common stock	149123101	278	2,230	SH		SOLE		2,230	0	0
CATERPILLAR, INC.	common stock	149123101	3,764	30,181	SH		OTR	1	30,181	0	0
CELGENE CORPORATION	common stock	151020104	1,033	7,083	SH		SOLE		7,083	0	0
CELGENE CORPORATION	common stock	151020104	9,927	68,080	SH		OTR	1	68,080	0	0
CHUBB LTD	common stock	H1467J104	1,048	7,354	SH		SOLE		7,354	0	0
CHUBB LTD	common stock	H1467J104	6,642	46,596	SH		OTR	1	46,596	0	0
CITIGROUP, INC.	common stock	172967424	1,907	26,219	SH		SOLE		26,219	0	0
CITIGROUP, INC.	common stock	172967424	6,910	94,990	SH		OTR	1	94,990	0	0
COCA-COLA COMPANY (THE)	common stock	191216100	42	929	SH		SOLE		929	0	0
COMCAST CORP CL A	common stock	20030N101	3,399	88,323	SH		SOLE		88,323	0	0
COMCAST CORP CL A	common stock	20030N101	10,714	278,434	SH		OTR	1	278,434	0	0
COMMERCEHUB, INC. - SERIES A	common stock	20084V108	6	269	SH		SOLE		269	0	0
COMMERCEHUB, INC. - SERIES C	common stock	20084V306	1	69	SH		SOLE		69	0	0
COMSCORE, INC.	common stock	20564W105	60	2,075	SH		SOLE		2,075	0	0
CONOCOPHILLIPS	common stock	20825C104	1,209	24,163	SH		SOLE		24,163	0	0
CONOCOPHILLIPS	common stock	20825C104	4,085	81,618	SH		OTR	1	81,618	0	0
COVANTA HOLDING CORPORATION	common stock	22282E102	21	1,423	SH		SOLE		1,423	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	2,953	54,427	SH		SOLE		54,427	0	0
CSX CORPORATION	common stock	126408103	8,205	151,208	SH		OTR	1	151,208	0	0
CVS CAREMARK CORPORATION	common stock	126650100	3,389	41,669	SH		SOLE		41,669	0	0
CVS CAREMARK CORPORATION	common stock	126650100	15,252	187,554	SH		OTR	1	187,554	0	0
DEVON ENERGY CORP.	common stock	25179M103	259	7,058	SH		SOLE		7,058	0	0
DEVON ENERGY CORP.	common stock	25179M103	357	9,730	SH		OTR	1	9,730	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	719	11,148	SH		SOLE		11,148	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	3,216	49,877	SH		OTR	1	49,877	0	0
DISCOVERY COMMUNICATIONS, INC.	common stock	25470F104	5	251	SH		SOLE		251	0	0
DISCOVERY COMMUNICATIONS, INC.	common stock	25470F302	15	753	SH		SOLE		753	0	0
DOMINION ENERGY,INC.	common stock	25746U109	115	1,500	SH		SOLE		1,500	0	0
DOWDUPONT, INC.	common stock	26078J100	2,471	35,692	SH		SOLE		35,692	0	0
DOWDUPONT, INC.	common stock	26078J100	16,352	236,197	SH		OTR	1	236,197	0	0
DR. PEPPER SNAPPLE GROUP	common stock	26138E109	9	100	SH		SOLE		100	0	0
DRIVE SHACK, INC.	common stock	262077100	30	8,400	SH		SOLE		8,400	0	0
DTE ENERGY COMPANY	common stock	233331107	17	160	SH		SOLE		160	0	0
DUKE ENERGY CORP. NEW	common stock	26441C204	358	4,270	SH		SOLE		4,270	0	0
DXC TECHNOLOGY COMPANY	common stock	23355L106	17	200	SH		SOLE		200	0	0
EBAY, INC.	common stock	278642103	594	15,456	SH		SOLE		15,456	0	0
EBAY, INC.	common stock	278642103	6,178	160,640	SH		OTR	1	160,640	0	0
ENBRIDGE, INC.	common stock	29250N105	1,067	25,511	SH		SOLE		25,511	0	0
ENBRIDGE, INC.	common stock	29250N105	7,120	170,180	SH		OTR	1	170,180	0	0
ENVISION HEALTHCARE CORP.	common stock	29414D100	13	300	SH		SOLE		300	0	0
EOG RESOURCES, INC.	common stock	26875P101	585	6,052	SH		SOLE		6,052	0	0
EOG RESOURCES, INC.	common stock	26875P101	3,242	33,508	SH		OTR	1	33,508	0	0
FINISAR CORPORATION	common stock	31787A507	2	70	SH		SOLE		70	0	0
FOREST CITY ENTERPRISES A	common stock	345550107	26	1,000	SH		SOLE		1,000	0	0
FRP Holdings, Inc.	common stock	30292L107	5	100	SH		SOLE		100	0	0
GENERAL ELECTRIC COMPANY	common stock	369604103	533	22,056	SH		SOLE		22,056	0	0
GENERAL ELECTRIC COMPANY	common stock	369604103	1,383	57,191	SH		OTR	1	57,191	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	2,349	9,902	SH		SOLE		9,902	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	6,578	27,732	SH		OTR	1	27,732	0	0
HARLEY DAVIDSON, INC.	common stock	412822108	31	650	SH		SOLE		650	0	0
HCP, INC.	common stock	40414L109	742	26,663	SH		SOLE		26,663	0	0
HCP, INC.	common stock	40414L109	5,161	185,434	SH		OTR	1	185,434	0	0
HESS CORPORATION	common stock	42809H107	232	4,940	SH		SOLE		4,940	0	0
HESS CORPORATION	common stock	42809H107	2,521	53,755	SH		OTR	1	53,755	0	0
HEXCEL CORPORATION	common stock	428291108	144	2,500	SH		SOLE		2,500	0	0
HOME DEPOT, INC.	common stock	437076102	1,350	8,252	SH		SOLE		8,252	0	0
HOME DEPOT, INC.	common stock	437076102	8,878	54,278	SH		OTR	1	54,278	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	1,102	7,778	SH		SOLE		7,778	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	8,031	56,659	SH		OTR	1	56,659	0	0
HORIZON PHARMA PLC	common stock	G4617B105	2	150	SH		SOLE		150	0	0
HOSTESS BRANDS, INC.	common stock	44109J106	29	2,100	SH		SOLE		2,100	0	0
ICU MEDICAL, INC.	common stock	44930G107	19	100	SH		SOLE		100	0	0
ILG, INC.	common stock	44967H101	9	322	SH		SOLE		322	0	0
INFINERA CORPORATION	common stock	45667G103	4	450	SH		SOLE		450	0	0
INGEVITY CORPORATION	common stock	45688C107	6	92	SH		SOLE		92	0	0
INTEL CORP.	common stock	458140100	198	5,205	SH		SOLE		5,205	0	0
INTEL CORP.	common stock	458140100	3,127	82,126	SH		OTR	1	82,126	0	0
INTERACTIVE BROKERS GROUP,INC.	common stock	45841N107	72	1,600	SH		SOLE		1,600	0	0
INTERNATIONAL BUSINESS MACHINE	common stock	459200101	2,161	14,894	SH		SOLE		14,894	0	0
INTERNATIONAL BUSINESS MACHINE	common stock	459200101	6,553	45,170	SH		OTR	1	45,170	0	0
JACOBS ENGINEERING GRP, INC.	common stock	469814107	202	3,475	SH		SOLE		3,475	0	0
JACOBS ENGINEERING GRP, INC.	common stock	469814107	2,857	49,023	SH		OTR	1	49,023	0	0
JOHNSON & JOHNSON	common stock	478160104	872	6,707	SH		SOLE		6,707	0	0
JOHNSON & JOHNSON	common stock	478160104	7,447	57,278	SH		OTR	1	57,278	0	0
JOHNSON CONTROLS INTERNATIONAL	common stock	G51502105	242	6,003	SH		SOLE		6,003	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	3,359	35,164	SH		SOLE		35,164	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	10,321	108,066	SH		OTR	1	108,066	0	0
KROGER CO.	common stock	501044101	92	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. C	common stock	531229888	62	2,469	SH		SOLE		2,469	0	0
LIBERTY BROADBAND CORP. - A	common stock	530307107	531	5,636	SH		SOLE		5,636	0	0
LIBERTY BROADBAND CORP. - A	common stock	530307107	1,708	18,137	SH		OTR	1	18,137	0	0
LIBERTY BROADBAND CORP. - C	common stock	530307305	2,228	23,384	SH		SOLE		23,384	0	0
LIBERTY BROADBAND CORP. - C	common stock	530307305	10,569	110,899	SH		OTR	1	110,899	0	0
LIBERTY EXPEDIA HOLDINGS SER.	common stock	53046P109	227	4,277	SH		SOLE		4,277	0	0
LIBERTY EXPEDIA HOLDINGS SER.	common stock	53046P109	772	14,533	SH		OTR	1	14,533	0	0
LIBERTY FORMULA ONE - A	common stock	531229870	223	6,098	SH		SOLE		6,098	0	0
LIBERTY FORMULA ONE - A	common stock	531229870	1,049	28,753	SH		OTR	1	28,753	0	0
LIBERTY FORMULA ONE - C	common stock	531229854	635	16,659	SH		SOLE		16,659	0	0
LIBERTY FORMULA ONE - C	common stock	531229854	4,522	118,717	SH		OTR	1	118,717	0	0
LIBERTY GLOBAL PLC LILAC A	common stock	G5480U138	154	6,462	SH		SOLE		6,462	0	0
LIBERTY GLOBAL PLC LILAC A	common stock	G5480U138	1,684	70,864	SH		OTR	1	70,864	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	9	274	SH		SOLE		274	0	0
LIBERTY GLOBAL, INC. CLASS C	common stock	530555309	27	830	SH		SOLE		830	0	0
LIBERTY INTERACTIVE CORP Q-A	common stock	53071M104	1,156	49,033	SH		SOLE		49,033	0	0
LIBERTY INTERACTIVE CORP Q-A	common stock	53071M104	7,659	324,954	SH		OTR	1	324,954	0	0
LIBERTY SIRIUSXM GROUP SER. A	common stock	531229409	1,035	24,712	SH		SOLE		24,712	0	0
LIBERTY SIRIUSXM GROUP SER. A	common stock	531229409	7,934	189,361	SH		OTR	1	189,361	0	0
LIBERTY SIRIUSXM GROUP SER. C	common stock	531229607	3,978	94,999	SH		SOLE		94,999	0	0
LIBERTY SIRIUSXM GROUP SER. C	common stock	531229607	21,724	518,837	SH		OTR	1	518,837	0	0
LIBERTY TRIPADVISOR HOLDINGS I	common stock	531465102	54	4,397	SH		SOLE		4,397	0	0
LIBERTY TRIPADVISOR HOLDINGS I	common stock	531465102	528	42,778	SH		OTR	1	42,778	0	0
LIBERTY VENTURES SER. A	common stock	53071M856	369	6,414	SH		SOLE		6,414	0	0
LIBERTY VENTURES SER. A	common stock	53071M856	1,639	28,471	SH		OTR	1	28,471	0	0
LIONS GATE ENTERTAINMENT-B	common stock	535919500	369	11,610	SH		SOLE		11,610	0	0
LIONS GATE ENTERTAINMENT-B	common stock	535919500	1,642	51,660	SH		OTR	1	51,660	0	0
LIVE NATION ENTERTAINMENT, INC	common stock	538034109	17	400	SH		SOLE		400	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	1,493	18,673	SH		SOLE		18,673	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	11,427	142,950	SH		OTR	1	142,950	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55825T103	881	4,116	SH		SOLE		4,116	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55825T103	9,954	46,490	SH		OTR	1	46,490	0	0
MALLINCKRODT PLC	common stock	G5785G107	113	3,029	SH		SOLE		3,029	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	1,771	31,572	SH		SOLE		31,572	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	11,912	212,404	SH		OTR	1	212,404	0	0
MARRIOTT INTERNATIONAL,INC. CL	common stock	571903202	927	8,411	SH		SOLE		8,411	0	0
MARRIOTT INTERNATIONAL,INC. CL	common stock	571903202	5,180	46,983	SH		OTR	1	46,983	0	0
MATTEL INC.	common stock	577081102	31	1,996	SH		SOLE		1,996	0	0
MCDONALD'S CORP.	common stock	580135101	1,872	11,947	SH		SOLE		11,947	0	0
MCDONALD'S CORP.	common stock	580135101	4,172	26,626	SH		OTR	1	26,626	0	0
MEDTRONIC INC.	common stock	G5960L103	1,850	23,787	SH		SOLE		23,787	0	0
MEDTRONIC INC.	common stock	G5960L103	14,337	184,357	SH		OTR	1	184,357	0	0
MERCK & CO. INC.	common stock	58933Y105	1,327	20,728	SH		SOLE		20,728	0	0
MERCK & CO. INC.	common stock	58933Y105	5,503	85,950	SH		OTR	1	85,950	0	0
METLIFE, INC.	common stock	59156R108	780	15,014	SH		SOLE		15,014	0	0
METLIFE, INC.	common stock	59156R108	5,613	108,038	SH		OTR	1	108,038	0	0
MICROSOFT CORPORATION	common stock	594918104	5,382	72,257	SH		SOLE		72,257	0	0
MICROSOFT CORPORATION	common stock	594918104	25,128	337,340	SH		OTR	1	337,340	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	824	20,274	SH		SOLE		20,274	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	2,667	65,601	SH		OTR	1	65,601	0	0
MONSANTO COMPANY	common stock	61166W101	1,236	10,315	SH		SOLE		10,315	0	0
MORGAN STANLEY	common stock	617446448	2,235	46,389	SH		SOLE		46,389	0	0
MORGAN STANLEY	common stock	617446448	5,867	121,790	SH		OTR	1	121,790	0	0
MSG NETWORKS INC CLASS A	common stock	553573106	253	11,919	SH		SOLE		11,919	0	0
MSG NETWORKS INC CLASS A	common stock	553573106	3,317	156,481	SH		OTR	1	156,481	0	0
NATIONAL FUEL GAS COMPANY	common stock	636180101	6	110	SH		SOLE		110	0	0
NEW YORK COMMUNITY BANCORP INC	common stock	649445103	12	900	SH		SOLE		900	0	0
NN, INC.	common stock	629337106	29	1,000	SH		SOLE		1,000	0	0
NORTHROP GRUMMAN CORP.	common stock	666807102	59	205	SH		SOLE		205	0	0
NORTHROP GRUMMAN CORP.	common stock	666807102	5,352	18,600	SH		OTR	1	18,600	0	0
ON ASSIGNMENT INC.	common stock	682159108	70	1,300	SH		SOLE		1,300	0	0
ONEOK, INC.	common stock	682680103	11	200	SH		SOLE		200	0	0
ORACLE CORPORATION	common stock	68389X105	2,702	55,884	SH		SOLE		55,884	0	0
ORACLE CORPORATION	common stock	68389X105	9,506	196,612	SH		OTR	1	196,612	0	0
ORBITAL ATK, INC.	common stock	68557N103	280	2,105	SH		SOLE		2,105	0	0
ORBITAL ATK, INC.	common stock	68557N103	679	5,100	SH		OTR	1	5,100	0	0
PATRIOT TRANSPORTATION HOLDING	common stock	70338W105	1	33	SH		SOLE		33	0	0
PAYPAL HOLDINGS, INC.	common stock	70450Y103	2,244	35,039	SH		SOLE		35,039	0	0
PAYPAL HOLDINGS, INC.	common stock	70450Y103	17,346	270,908	SH		OTR	1	270,908	0	0
PEPSICO, INC.	common stock	713448108	2,974	26,685	SH		SOLE		26,685	0	0
PEPSICO, INC.	common stock	713448108	13,050	117,110	SH		OTR	1	117,110	0	0
PFIZER, INC.	common stock	717081103	2,360	66,100	SH		SOLE		66,100	0	0
PFIZER, INC.	common stock	717081103	4,526	126,766	SH		OTR	1	126,766	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	1,592	14,345	SH		SOLE		14,345	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	3,959	35,660	SH		OTR	1	35,660	0	0
PHILLIPS 66	common stock	718546104	1,955	21,345	SH		SOLE		21,345	0	0
PHILLIPS 66	common stock	718546104	5,516	60,212	SH		OTR	1	60,212	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	1,544	16,971	SH		SOLE		16,971	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	3,080	33,856	SH		OTR	1	33,856	0	0
PROSPECT CAPITAL CORP	common stock	74348T102	8	1,200	SH		SOLE		1,200	0	0
QUALITY CARE PROPERTIES, INC.	common stock	747545101	1	80	SH		SOLE		80	0	0
RAYTHEON COMPANY	common stock	755111507	2,645	14,175	SH		SOLE		14,175	0	0
RAYTHEON COMPANY	common stock	755111507	18,880	101,190	SH		OTR	1	101,190	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	718	4,031	SH		SOLE		4,031	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	6,954	39,024	SH		OTR	1	39,024	0	0
SABRE CORPORATION	common stock	78573M104	1,355	74,874	SH		SOLE		74,874	0	0
SABRE CORPORATION	common stock	78573M104	4,783	264,232	SH		OTR	1	264,232	0	0
SCHLUMBERGER LIMITED	common stock	806857108	1,043	14,951	SH		SOLE		14,951	0	0
SCHLUMBERGER LIMITED	common stock	806857108	4,651	66,673	SH		OTR	1	66,673	0	0
SS&C TECHNOLOGIES HLDGS,INC.	common stock	78467J100	56	1,400	SH		SOLE		1,400	0	0
STARBUCKS CORPORATION	common stock	855244109	255	4,747	SH		SOLE		4,747	0	0
STATE STREET CORP.	common stock	857477103	1,423	14,893	SH		SOLE		14,893	0	0
STATE STREET CORP.	common stock	857477103	14,355	150,249	SH		OTR	1	150,249	0	0
SYNCHRONY FINANCIAL	common stock	87165B103	8	267	SH		SOLE		267	0	0
TD AMERITRADE HOLDING CORPORAT	common stock	87236Y108	15	300	SH		SOLE		300	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	1,074	12,931	SH		SOLE		12,931	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	5,848	70,402	SH		OTR	1	70,402	0	0
TEXAS INSTRUMENTS, INC.	common stock	882508104	195	2,170	SH		SOLE		2,170	0	0
TEXAS INSTRUMENTS, INC.	common stock	882508104	2,054	22,915	SH		OTR	1	22,915	0	0
TIME WARNER, INC.	common stock	887317303	4,248	41,469	SH		SOLE		41,469	0	0
TIME WARNER, INC.	common stock	887317303	12,535	122,350	SH		OTR	1	122,350	0	0
TRAVELCENTERS OF AMERICA	common stock	894174101	7	1,700	SH		SOLE		1,700	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	1,891	15,431	SH		SOLE		15,431	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	12,888	105,190	SH		OTR	1	105,190	0	0
TWENTY-FIRST CENTURY FOX, INC.	common stock	90130A101	3,716	140,848	SH		SOLE		140,848	0	0
TWENTY-FIRST CENTURY FOX, INC.	common stock	90130A101	10,475	397,069	SH		OTR	1	397,069	0	0
U.S. BANCORP	common stock	902973304	2,645	49,355	SH		SOLE		49,355	0	0
U.S. BANCORP	common stock	902973304	6,636	123,823	SH		OTR	1	123,823	0	0
UDR, INC.	common stock	902653104	851	22,379	SH		SOLE		22,379	0	0
UDR, INC.	common stock	902653104	9,043	237,791	SH		OTR	1	237,791	0	0
UNION PACIFIC CORPORATION	common stock	907818108	2,278	19,646	SH		SOLE		19,646	0	0
UNION PACIFIC CORPORATION	common stock	907818108	15,764	135,936	SH		OTR	1	135,936	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	1,940	16,714	SH		SOLE		16,714	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	5,801	49,970	SH		OTR	1	49,970	0	0
UNITEDHEALTH GROUP, INC.	common stock	91324P102	776	3,960	SH		SOLE		3,960	0	0
VALLEY NATIONAL BANCORP	common stock	919794107	6	500	SH		SOLE		500	0	0
VERISIGN, INC.	common stock	92343E102	865	8,130	SH		SOLE		8,130	0	0
VERISIGN, INC.	common stock	92343E102	4,841	45,502	SH		OTR	1	45,502	0	0
VERIZON COMMUNICATIONS	common stock	92343V104	411	8,310	SH		SOLE		8,310	0	0
VERIZON COMMUNICATIONS	common stock	92343V104	2,470	49,917	SH		OTR	1	49,917	0	0
VISA INC.	common stock	92826C839	897	8,525	SH		SOLE		8,525	0	0
VISA INC.	common stock	92826C839	5,774	54,869	SH		OTR	1	54,869	0	0
VODAFONE GROUP PLC NEW ADR	common stock	92857W308	3	118	SH		SOLE		118	0	0
W.R. BERKLEY CORPORATION	common stock	084423102	554	8,306	SH		SOLE		8,306	0	0
W.R. BERKLEY CORPORATION	common stock	084423102	4,003	59,972	SH		OTR	1	59,972	0	0
WALGREENS BOOTS ALLIANCE, INC.	common stock	931427108	2,186	28,305	SH		SOLE		28,305	0	0
WALGREENS BOOTS ALLIANCE, INC.	common stock	931427108	10,615	137,463	SH		OTR	1	137,463	0	0
WALT DISNEY COMPANY	common stock	254687106	2,058	20,880	SH		SOLE		20,880	0	0
WALT DISNEY COMPANY	common stock	254687106	6,227	63,169	SH		OTR	1	63,169	0	0
WELLS FARGO & COMPANY	common stock	949746101	2,627	47,627	SH		SOLE		47,627	0	0
WELLS FARGO & COMPANY	common stock	949746101	10,450	189,475	SH		OTR	1	189,475	0	0
WERNER ENTERPRISES, INC.	common stock	950755108	18	480	SH		SOLE		480	0	0
WESTROCK COMPANY	common stock	96145D105	31	553	SH		SOLE		553	0	0
WEYERHAEUSER COMPANY	common stock	962166104	182	5,362	SH		SOLE		5,362	0	0
WEYERHAEUSER COMPANY	common stock	962166104	662	19,450	SH		OTR	1	19,450	0	0
WHITE MOUNTAINS INSURANCE GROU	common stock	G9618E107	150	175	SH		SOLE		175	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	213	7,094	SH		SOLE		7,094	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	2,626	87,497	SH		OTR	1	87,497	0	0
WYNN RESORTS LTD.	common stock	983134107	56	375	SH		SOLE		375	0	0
YUM! BRANDS, INC.	common stock	988498101	155	2,099	SH		SOLE		2,099	0	0
iSHARES RUSSELL MIDCAP INDEX	common stock	464287499	177	900	SH		SOLE		900	0	0
iSHARES US PREFERRED STOCK ETF	common stock	464288687	16	400	SH		SOLE		400	0	0
ALLERGAN, PLC PFD SER. A	preferred stock	G0177J116	218	295	SH		SOLE		295	0	0
ALLERGAN, PLC PFD SER. A	preferred stock	G0177J116	1,490	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