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
ABBOTT LABORATORIES	common stock	002824100	548	6,858	SH		SOLE		6,858	0	0
ABBOTT LABORATORIES	common stock	002824100	5,024	62,842	SH		OTR	1	62,842	0	0
ABBVIE, INC.	common stock	00287Y109	2,266	28,117	SH		SOLE		28,117	0	0
ABBVIE, INC.	common stock	00287Y109	7,752	96,193	SH		OTR	1	96,193	0	0
ACCO BRANDS CORPORATION	common stock	00081T108	2	234	SH		SOLE		234	0	0
ACTUA CORPORATION	common stock	005094107	0	1,500	SH		SOLE		1,500	0	0
AEROJET ROCKETDYNE HOLDINGS, I	common stock	007800105	23	650	SH		SOLE		650	0	0
AES CORPORATION (THE)	common stock	00130H105	51	2,800	SH		SOLE		2,800	0	0
AIR LEASE CORP.	common stock	00912X302	24	700	SH		SOLE		700	0	0
AKORN, INC.	common stock	009728106	2	500	SH		SOLE		500	0	0
ALIBABA GROUP HOLDING-SP ADR	common stock	01609W102	213	1,165	SH		SOLE		1,165	0	0
ALIBABA GROUP HOLDING-SP ADR	common stock	01609W102	2,262	12,400	SH		OTR	1	12,400	0	0
ALKERMES PLC	common stock	G01767105	2	50	SH		SOLE		50	0	0
ALLEGHANY CORPORATION	common stock	017175100	24	40	SH		SOLE		40	0	0
ALLERGAN PLC	common stock	G0177J108	3,217	21,970	SH		SOLE		21,970	0	0
ALLERGAN PLC	common stock	G0177J108	9,076	61,988	SH		OTR	1	61,988	0	0
ALLIANCE DATA SYSTEM CORPORATI	common stock	018581108	11	63	SH		SOLE		63	0	0
ALPHABET, INC. CLASS A	common stock	02079K305	892	758	SH		SOLE		758	0	0
ALPHABET, INC. CLASS A	common stock	02079K305	11,916	10,125	SH		OTR	1	10,125	0	0
ALPHABET, INC. CLASS C	common stock	02079K107	4,430	3,776	SH		SOLE		3,776	0	0
ALPHABET, INC. CLASS C	common stock	02079K107	23,593	20,108	SH		OTR	1	20,108	0	0
ALTABA, INC.	common stock	021346101	162	2,181	SH		SOLE		2,181	0	0
AMC NETWORKS INC.	common stock	00164V103	21	375	SH		SOLE		375	0	0
AMERCO	common stock	023586100	9	25	SH		SOLE		25	0	0
AMERICAN EXPRESS CO.	common stock	025816109	3,640	33,306	SH		SOLE		33,306	0	0
AMERICAN EXPRESS CO.	common stock	025816109	11,761	107,602	SH		OTR	1	107,602	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	3,913	90,871	SH		SOLE		90,871	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	8,377	194,532	SH		OTR	1	194,532	0	0
ANADARKO PETROLEUM CORP.	common stock	032511107	163	3,575	SH		SOLE		3,575	0	0
ANADARKO PETROLEUM CORP.	common stock	032511107	1,701	37,396	SH		OTR	1	37,396	0	0
ANIXTER INTERNATIONAL, INC.	common stock	035290105	6	100	SH		SOLE		100	0	0
ANNALY CAPITAL MANAGEMENT, INC	common stock	035710409	12	1,200	SH		SOLE		1,200	0	0
APACHE CORPORATION	common stock	037411105	71	2,045	SH		SOLE		2,045	0	0
APPLE, INC.	common stock	037833100	10,129	53,327	SH		SOLE		53,327	0	0
APPLE, INC.	common stock	037833100	49,069	258,326	SH		OTR	1	258,326	0	0
AT&T, INC.	common stock	00206R102	4,034	128,636	SH		SOLE		128,636	0	0
AT&T, INC.	common stock	00206R102	10,667	340,140	SH		OTR	1	340,140	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	416	2,605	SH		SOLE		2,605	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	4,473	28,000	SH		OTR	1	28,000	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	6,270	227,249	SH		SOLE		227,249	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	16,337	592,134	SH		OTR	1	592,134	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	470	9,322	SH		SOLE		9,322	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	3,473	68,870	SH		OTR	1	68,870	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	3,830	19,067	SH		SOLE		19,067	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	5,836	29,050	SH		OTR	1	29,050	0	0
BLACK HILLS CORPORATION	common stock	092113109	12	160	SH		SOLE		160	0	0
BLACKROCK, INC.	common stock	09247X101	862	2,016	SH		SOLE		2,016	0	0
BOEING CO. (THE)	common stock	097023105	6,736	17,661	SH		SOLE		17,661	0	0
BOEING CO. (THE)	common stock	097023105	32,840	86,100	SH		OTR	1	86,100	0	0
BOX,INC CLS. A	common stock	10316T104	7	350	SH		SOLE		350	0	0
BRIGHTHOUSE FINANCIAL, INC.	common stock	10922N103	1	25	SH		SOLE		25	0	0
CARROLS RESTAURANT GROUP, INC.	common stock	14574X104	32	3,200	SH		SOLE		3,200	0	0
CATERPILLAR, INC.	common stock	149123101	192	1,420	SH		SOLE		1,420	0	0
CATERPILLAR, INC.	common stock	149123101	2,486	18,350	SH		OTR	1	18,350	0	0
CBS CORP. - CLS B	common stock	124857202	296	6,224	SH		SOLE		6,224	0	0
CELGENE CORPORATION	common stock	151020104	386	4,088	SH		SOLE		4,088	0	0
CELGENE CORPORATION	common stock	151020104	4,226	44,800	SH		OTR	1	44,800	0	0
CENTURYLINK, INC.	common stock	156700106	1	75	SH		SOLE		75	0	0
CHUBB LTD	common stock	H1467J104	656	4,683	SH		SOLE		4,683	0	0
CHUBB LTD	common stock	H1467J104	5,491	39,200	SH		OTR	1	39,200	0	0
CITIGROUP, INC.	common stock	172967424	1,304	20,956	SH		SOLE		20,956	0	0
CITIGROUP, INC.	common stock	172967424	5,676	91,222	SH		OTR	1	91,222	0	0
COCA-COLA COMPANY (THE)	common stock	191216100	49	1,049	SH		SOLE		1,049	0	0
COMCAST CORP CL A	common stock	20030N101	6,100	152,572	SH		SOLE		152,572	0	0
COMCAST CORP CL A	common stock	20030N101	13,931	348,461	SH		OTR	1	348,461	0	0
COMSCORE, INC.	common stock	20564W105	36	1,800	SH		SOLE		1,800	0	0
CONOCOPHILLIPS	common stock	20825C104	1,625	24,343	SH		SOLE		24,343	0	0
CONOCOPHILLIPS	common stock	20825C104	3,769	56,469	SH		OTR	1	56,469	0	0
CRIMSON WINE GROUP, LTD.	common stock	22662X100	0	40	SH		SOLE		40	0	0
CSX CORPORATION	common stock	126408103	3,461	46,258	SH		SOLE		46,258	0	0
CSX CORPORATION	common stock	126408103	7,810	104,378	SH		OTR	1	104,378	0	0
CTRIP.COM INTERNATIONAL, LTD.	common stock	22943F100	172	3,930	SH		SOLE		3,930	0	0
CTRIP.COM INTERNATIONAL, LTD.	common stock	22943F100	1,794	41,060	SH		OTR	1	41,060	0	0
CVS HEALTH CORPORATION	common stock	126650100	3,619	67,103	SH		SOLE		67,103	0	0
CVS HEALTH CORPORATION	common stock	126650100	13,989	259,396	SH		OTR	1	259,396	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	526	7,398	SH		SOLE		7,398	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	3,046	42,806	SH		OTR	1	42,806	0	0
DOWDUPONT, INC.	common stock	26078J100	1,319	24,742	SH		SOLE		24,742	0	0
DOWDUPONT, INC.	common stock	26078J100	11,264	211,300	SH		OTR	1	211,300	0	0
DRIVE SHACK, INC.	common stock	262077100	7	1,500	SH		SOLE		1,500	0	0
DTE ENERGY COMPANY	common stock	233331107	20	160	SH		SOLE		160	0	0
DXC TECHNOLOGY COMPANY	common stock	23355L106	13	200	SH		SOLE		200	0	0
EBAY, INC.	common stock	278642103	230	6,187	SH		SOLE		6,187	0	0
EBAY, INC.	common stock	278642103	4,129	111,166	SH		OTR	1	111,166	0	0
ENBRIDGE, INC.	common stock	29250N105	412	11,372	SH		SOLE		11,372	0	0
ENBRIDGE, INC.	common stock	29250N105	5,388	148,600	SH		OTR	1	148,600	0	0
EOG RESOURCES, INC.	common stock	26875P101	276	2,905	SH		SOLE		2,905	0	0
EOG RESOURCES, INC.	common stock	26875P101	2,114	22,213	SH		OTR	1	22,213	0	0
EXPEDIA, INC.	common stock	30212P303	305	2,565	SH		SOLE		2,565	0	0
FACEBOOK INC.	common stock	30303M102	3,832	22,988	SH		SOLE		22,988	0	0
FACEBOOK INC.	common stock	30303M102	9,318	55,900	SH		OTR	1	55,900	0	0
FINISAR CORPORATION	common stock	31787A507	2	70	SH		SOLE		70	0	0
FOX CORP. CL. A	common stock	35137L105	1,630	44,395	SH		SOLE		44,395	0	0
FOX CORP. CL. A	common stock	35137L105	3,601	98,102	SH		OTR	1	98,102	0	0
FRP Holdings, Inc.	common stock	30292L107	5	100	SH		SOLE		100	0	0
GCI LIBERTY INC., CLS. A	common stock	36164V305	255	4,584	SH		SOLE		4,584	0	0
GCI LIBERTY INC., CLS. A	common stock	36164V305	1,515	27,252	SH		OTR	1	27,252	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	3,228	16,811	SH		SOLE		16,811	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	7,252	37,774	SH		OTR	1	37,774	0	0
HARLEY DAVIDSON, INC.	common stock	412822108	23	650	SH		SOLE		650	0	0
HCP, INC.	common stock	40414L109	384	12,253	SH		SOLE		12,253	0	0
HEXCEL CORPORATION	common stock	428291108	168	2,425	SH		SOLE		2,425	0	0
HOME DEPOT, INC.	common stock	437076102	1,013	5,278	SH		SOLE		5,278	0	0
HOME DEPOT, INC.	common stock	437076102	8,673	45,200	SH		OTR	1	45,200	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	960	6,039	SH		SOLE		6,039	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	8,121	51,100	SH		OTR	1	51,100	0	0
HOSTESS BRANDS, INC.	common stock	44109J106	24	1,900	SH		SOLE		1,900	0	0
ICU MEDICAL, INC.	common stock	44930G107	24	100	SH		SOLE		100	0	0
INGEVITY CORPORATION	common stock	45688C107	10	92	SH		SOLE		92	0	0
INTEL CORP.	common stock	458140100	141	2,635	SH		SOLE		2,635	0	0
INTEL CORP.	common stock	458140100	1,809	33,678	SH		OTR	1	33,678	0	0
INTERACTIVE BROKERS GROUP,INC.	common stock	45841N107	78	1,500	SH		SOLE		1,500	0	0
JACOBS ENGINEERING GRP, INC.	common stock	469814107	176	2,336	SH		SOLE		2,336	0	0
JACOBS ENGINEERING GRP, INC.	common stock	469814107	2,132	28,350	SH		OTR	1	28,350	0	0
JEFFERIES FINANCIAL GROUP, INC	common stock	47233W109	11	600	SH		SOLE		600	0	0
JOHNSON & JOHNSON	common stock	478160104	613	4,383	SH		SOLE		4,383	0	0
JOHNSON & JOHNSON	common stock	478160104	5,717	40,900	SH		OTR	1	40,900	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	4,302	42,502	SH		SOLE		42,502	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	11,209	110,729	SH		OTR	1	110,729	0	0
KEURIG DR. PEPPER, INC.	common stock	49271V100	3	100	SH		SOLE		100	0	0
LIBERTY BRAVES GROUP SER. A	common stock	531229706	3	95	SH		SOLE		95	0	0
LIBERTY BRAVES GROUP SER. C	common stock	531229888	29	1,038	SH		SOLE		1,038	0	0
LIBERTY BROADBAND CORP. - A	common stock	530307107	242	2,642	SH		SOLE		2,642	0	0
LIBERTY BROADBAND CORP. - A	common stock	530307107	1,640	17,897	SH		OTR	1	17,897	0	0
LIBERTY BROADBAND CORP. - C	common stock	530307305	2,608	28,429	SH		SOLE		28,429	0	0
LIBERTY BROADBAND CORP. - C	common stock	530307305	10,006	109,073	SH		OTR	1	109,073	0	0
LIBERTY EXPEDIA HOLDINGS SER.	common stock	53046P109	74	1,737	SH		SOLE		1,737	0	0
LIBERTY FORMULA ONE - A	common stock	531229870	11	337	SH		SOLE		337	0	0
LIBERTY FORMULA ONE - C	common stock	531229854	277	7,902	SH		SOLE		7,902	0	0
LIBERTY FORMULA ONE - C	common stock	531229854	2,205	62,900	SH		OTR	1	62,900	0	0
LIBERTY GLOBAL PLC - CLASS A	common stock	G5480U104	189	7,576	SH		SOLE		7,576	0	0
LIBERTY LATIN AMERICA CL A	common stock	G9001E102	63	3,246	SH		SOLE		3,246	0	0
LIBERTY SIRIUSXM GROUP SER. A	common stock	531229409	448	11,733	SH		SOLE		11,733	0	0
LIBERTY SIRIUSXM GROUP SER. A	common stock	531229409	6,575	172,213	SH		OTR	1	172,213	0	0
LIBERTY SIRIUSXM GROUP SER. C	common stock	531229607	4,285	112,060	SH		SOLE		112,060	0	0
LIBERTY SIRIUSXM GROUP SER. C	common stock	531229607	14,432	377,416	SH		OTR	1	377,416	0	0
LIONS GATE ENTERTAINMENT-B	common stock	535919500	146	9,677	SH		SOLE		9,677	0	0
LIONS GATE ENTERTAINMENT-B	common stock	535919500	747	49,448	SH		OTR	1	49,448	0	0
LIVE NATION ENTERTAINMENT, INC	common stock	538034109	25	400	SH		SOLE		400	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	1,455	13,291	SH		SOLE		13,291	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	10,986	100,358	SH		OTR	1	100,358	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55825T103	804	2,744	SH		SOLE		2,744	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55825T103	11,587	39,530	SH		OTR	1	39,530	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	627	10,470	SH		SOLE		10,470	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	6,020	100,578	SH		OTR	1	100,578	0	0
MARRIOTT INTERNATIONAL,INC. CL	common stock	571903202	339	2,711	SH		SOLE		2,711	0	0
MARRIOTT INTERNATIONAL,INC. CL	common stock	571903202	3,493	27,925	SH		OTR	1	27,925	0	0
MARRIOTT VACATIONS WORLDWIDE	common stock	571644107	5	52	SH		SOLE		52	0	0
MCDONALD'S CORP.	common stock	580135101	2,436	12,830	SH		SOLE		12,830	0	0
MCDONALD'S CORP.	common stock	580135101	4,871	25,651	SH		OTR	1	25,651	0	0
MEDTRONIC INC.	common stock	G5960L103	1,593	17,494	SH		SOLE		17,494	0	0
MEDTRONIC INC.	common stock	G5960L103	14,142	155,267	SH		OTR	1	155,267	0	0
MERCK & CO. INC.	common stock	58933Y105	1,011	12,150	SH		SOLE		12,150	0	0
MERCK & CO. INC.	common stock	58933Y105	6,080	73,100	SH		OTR	1	73,100	0	0
METLIFE, INC.	common stock	59156R108	272	6,389	SH		SOLE		6,389	0	0
METLIFE, INC.	common stock	59156R108	3,680	86,450	SH		OTR	1	86,450	0	0
MICROSOFT CORPORATION	common stock	594918104	8,620	73,088	SH		SOLE		73,088	0	0
MICROSOFT CORPORATION	common stock	594918104	33,099	280,641	SH		OTR	1	280,641	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	346	6,922	SH		SOLE		6,922	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	3,070	61,500	SH		OTR	1	61,500	0	0
MORGAN STANLEY	common stock	617446448	2,790	66,111	SH		SOLE		66,111	0	0
MORGAN STANLEY	common stock	617446448	6,207	147,080	SH		OTR	1	147,080	0	0
MSG NETWORKS INC CLASS A	common stock	553573106	75	3,431	SH		SOLE		3,431	0	0
MSG NETWORKS INC CLASS A	common stock	553573106	781	35,924	SH		OTR	1	35,924	0	0
NATIONAL FUEL GAS COMPANY	common stock	636180101	9	150	SH		SOLE		150	0	0
NEW YORK COMMUNITY BANCORP INC	common stock	649445103	5	400	SH		SOLE		400	0	0
NN, INC.	common stock	629337106	7	1,000	SH		SOLE		1,000	0	0
ON ASSIGNMENT INC.	common stock	00191U102	63	1,000	SH		SOLE		1,000	0	0
ONEOK, INC.	common stock	682680103	17	250	SH		SOLE		250	0	0
ORACLE CORPORATION	common stock	68389X105	3,809	70,927	SH		SOLE		70,927	0	0
ORACLE CORPORATION	common stock	68389X105	11,127	207,176	SH		OTR	1	207,176	0	0
PATRIOT TRANSPORTATION HOLDING	common stock	70338W105	1	33	SH		SOLE		33	0	0
PAYPAL HOLDINGS, INC.	common stock	70450Y103	2,573	24,775	SH		SOLE		24,775	0	0
PAYPAL HOLDINGS, INC.	common stock	70450Y103	21,495	207,000	SH		OTR	1	207,000	0	0
PEPSICO, INC.	common stock	713448108	2,382	19,437	SH		SOLE		19,437	0	0
PEPSICO, INC.	common stock	713448108	10,552	86,100	SH		OTR	1	86,100	0	0
PERSPECTA, INC.	common stock	715347100	2	100	SH		SOLE		100	0	0
PFIZER, INC.	common stock	717081103	2,263	53,291	SH		SOLE		53,291	0	0
PFIZER, INC.	common stock	717081103	4,934	116,186	SH		OTR	1	116,186	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	2,125	24,041	SH		SOLE		24,041	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	5,231	59,180	SH		OTR	1	59,180	0	0
PHILLIPS 66	common stock	718546104	2,074	21,795	SH		SOLE		21,795	0	0
PHILLIPS 66	common stock	718546104	4,971	52,230	SH		OTR	1	52,230	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	1,787	17,177	SH		SOLE		17,177	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	3,523	33,856	SH		OTR	1	33,856	0	0
QURATE RETAIL GROUP, INC.	common stock	74915M100	322	20,142	SH		SOLE		20,142	0	0
QURATE RETAIL GROUP, INC.	common stock	74915M100	3,423	214,185	SH		OTR	1	214,185	0	0
RAYTHEON COMPANY	common stock	755111507	1,919	10,541	SH		SOLE		10,541	0	0
RAYTHEON COMPANY	common stock	755111507	16,405	90,100	SH		OTR	1	90,100	0	0
RESIDEO TECHNOLOGIES, INC.	common stock	76118Y104	12	625	SH		SOLE		625	0	0
RESIDEO TECHNOLOGIES, INC.	common stock	76118Y104	167	8,649	SH		OTR	1	8,649	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	413	2,356	SH		SOLE		2,356	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	5,211	29,700	SH		OTR	1	29,700	0	0
SABRE CORPORATION	common stock	78573M104	13	600	SH		SOLE		600	0	0
SCHLUMBERGER LIMITED	common stock	806857108	488	11,199	SH		SOLE		11,199	0	0
SCHLUMBERGER LIMITED	common stock	806857108	2,789	64,012	SH		OTR	1	64,012	0	0
SS&C TECHNOLOGIES HLDGS,INC.	common stock	78467J100	72	1,125	SH		SOLE		1,125	0	0
STATE STREET CORP.	common stock	857477103	601	9,133	SH		SOLE		9,133	0	0
STATE STREET CORP.	common stock	857477103	7,600	115,486	SH		OTR	1	115,486	0	0
STERLING BANCORP	common stock	85917A100	2	131	SH		SOLE		131	0	0
TD AMERITRADE HOLDING CORPORAT	common stock	87236Y108	15	300	SH		SOLE		300	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	464	5,750	SH		SOLE		5,750	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	5,411	67,004	SH		OTR	1	67,004	0	0
TENCENT HOLDINGS LTD. - UNS AD	common stock	88032Q109	709	15,425	SH		SOLE		15,425	0	0
TENCENT HOLDINGS LTD. - UNS AD	common stock	88032Q109	2,299	50,000	SH		OTR	1	50,000	0	0
TEXAS INSTRUMENTS, INC.	common stock	882508104	139	1,315	SH		SOLE		1,315	0	0
TEXAS INSTRUMENTS, INC.	common stock	882508104	2,027	19,109	SH		OTR	1	19,109	0	0
TRAVELCENTERS OF AMERICA	common stock	894174101	7	1,700	SH		SOLE		1,700	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	1,351	9,849	SH		SOLE		9,849	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	12,763	93,051	SH		OTR	1	93,051	0	0
U.S. BANCORP	common stock	902973304	2,230	46,279	SH		SOLE		46,279	0	0
U.S. BANCORP	common stock	902973304	5,767	119,676	SH		OTR	1	119,676	0	0
UDR, INC.	common stock	902653104	29	648	SH		SOLE		648	0	0
UNION PACIFIC CORPORATION	common stock	907818108	2,270	13,575	SH		SOLE		13,575	0	0
UNION PACIFIC CORPORATION	common stock	907818108	19,316	115,527	SH		OTR	1	115,527	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	3,227	25,037	SH		SOLE		25,037	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	7,516	58,310	SH		OTR	1	58,310	0	0
UNITEDHEALTH GROUP, INC.	common stock	91324P102	656	2,655	SH		SOLE		2,655	0	0
UNIVERSAL DISPLAY CORP.	common stock	91347P105	5	35	SH		SOLE		35	0	0
VAIL RESORTS, INC.	common stock	91879Q109	11	50	SH		SOLE		50	0	0
VALLEY NATIONAL BANCORP	common stock	919794107	25	2,600	SH		SOLE		2,600	0	0
VERISIGN, INC.	common stock	92343E102	73	400	SH		SOLE		400	0	0
VERIZON COMMUNICATIONS	common stock	92343V104	46	779	SH		SOLE		779	0	0
VISA INC.	common stock	92826C839	1,018	6,517	SH		SOLE		6,517	0	0
VISA INC.	common stock	92826C839	7,185	46,000	SH		OTR	1	46,000	0	0
W.R. BERKLEY CORPORATION	common stock	084423102	348	4,106	SH		SOLE		4,106	0	0
W.R. BERKLEY CORPORATION	common stock	084423102	4,139	48,850	SH		OTR	1	48,850	0	0
WALGREENS BOOTS ALLIANCE, INC.	common stock	931427108	2,950	46,625	SH		SOLE		46,625	0	0
WALGREENS BOOTS ALLIANCE, INC.	common stock	931427108	8,127	128,449	SH		OTR	1	128,449	0	0
WALT DISNEY COMPANY	common stock	254687106	7,358	66,267	SH		SOLE		66,267	0	0
WALT DISNEY COMPANY	common stock	254687106	17,879	161,027	SH		OTR	1	161,027	0	0
WELLS FARGO & COMPANY	common stock	949746101	1,976	40,896	SH		SOLE		40,896	0	0
WELLS FARGO & COMPANY	common stock	949746101	7,082	146,569	SH		OTR	1	146,569	0	0
WERNER ENTERPRISES, INC.	common stock	950755108	16	480	SH		SOLE		480	0	0
WESTROCK COMPANY	common stock	96145D105	21	553	SH		SOLE		553	0	0
WHITE MOUNTAINS INSURANCE GROU	common stock	G9618E107	176	190	SH		SOLE		190	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	196	6,808	SH		SOLE		6,808	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	2,405	83,750	SH		OTR	1	83,750	0	0
WYNN RESORTS LTD.	common stock	983134107	47	390	SH		SOLE		390	0	0
iSHARES RUSSELL MIDCAP INDEX	common stock	464287499	194	3,600	SH		SOLE		3,600	0	0
iSHARES US PREFERRED STOCK ETF	common stock	464288687	7	200	SH		SOLE		200	0	0