Miles Capital 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
ACADIA HEALTHCARE COMPANY	Common Stocks	00404A109	550	13,950	SH		SOLE		11,999	0	1,951
ACE LTD	Common Stocks	H0023R105	15	163	SH		OTR		0	0	163
ACE LTD	Common Stocks	H0023R105	1,013	10,823	SH		SOLE		8,641	0	2,182
ACI WORLDWIDE INC	Common Stocks	004498101	353	6,528	SH		SOLE		5,598	0	930
ALLETE INC	Common Stocks	018522300	341	7,053	SH		SOLE		6,055	0	998
ALLOT COMMUNICATIONS LTD	Common Stocks	M0854Q105	455	35,933	SH		SOLE		32,437	0	3,496
ALTRIA GROUP INC	Common Stocks	02209S103	23	679	SH		OTR		0	0	679
ALTRIA GROUP INC	Common Stocks	02209S103	1,465	42,642	SH		SOLE		35,005	0	7,637
AMERICAN ELECTRIC POWER INC	Common Stocks	025537101	14	319	SH		OTR		0	0	319
AMERICAN ELECTRIC POWER INC	Common Stocks	025537101	961	22,161	SH		SOLE		17,908	0	4,253
AMERICAN INTL GROUP INC	Common Stocks	026874784	29	598	SH		OTR		0	0	598
AMERICAN INTL GROUP INC	Common Stocks	026874784	2,020	41,533	SH		SOLE		33,766	0	7,767
APACHE CORP	Common Stocks	037411105	19	224	SH		OTR		0	0	224
APACHE CORP	Common Stocks	037411105	1,254	14,724	SH		SOLE		11,884	0	2,840
APPLE COMPUTER INC	Common Stocks	037833100	16	33	SH		OTR		0	0	33
APPLE COMPUTER INC	Common Stocks	037833100	721	1,513	SH		SOLE		1,233	0	280
ASPEN TECHNOLOGY INC	Common Stocks	045327103	415	12,022	SH		SOLE		10,313	0	1,709
AT&T INC	Common Stocks	00206R102	3	91	SH		OTR		0	0	91
AT&T INC	Common Stocks	00206R102	402	11,873	SH		SOLE		9,758	0	2,115
B&G FOODS INC	Common Stocks	05508R106	237	6,857	SH		SOLE		5,956	0	901
BAXTER INTL INC	Common Stocks	071813109	18	271	SH		OTR		0	0	271
BAXTER INTL INC	Common Stocks	071813109	1,170	17,811	SH		SOLE		14,357	0	3,454
CARDTRONICS	Common Stocks	14161H108	454	12,223	SH		SOLE		10,486	0	1,737
CARRIAGE SERVICES INC	Common Stocks	143905107	350	18,026	SH		SOLE		15,466	0	2,560
CBS CORP	Common Stocks	124857202	16	292	SH		OTR		0	0	292
CBS CORP	Common Stocks	124857202	782	14,177	SH		SOLE		11,258	0	2,919
CHAMBERS STREET PROPERTIES	Common Stocks	157842105	5	534	SH		OTR		0	0	534
CHAMBERS STREET PROPERTIES	Common Stocks	157842105	906	103,144	SH		SOLE		86,837	0	16,307
CHART INDUSTRIES INC	Common Stocks	16115Q308	265	2,151	SH		SOLE		1,845	0	306
CHEVRONTEXACO CORPORATION	Common Stocks	166764100	17	142	SH		OTR		0	0	142
CHEVRONTEXACO CORPORATION	Common Stocks	166764100	1,328	10,930	SH		SOLE		8,892	0	2,038
CINEMARK HOLDINGS INC	Common Stocks	17243V102	309	9,723	SH		SOLE		8,356	0	1,367
COCA-COLA CO	Common Stocks	191216100	24	641	SH		OTR		0	0	641
COCA-COLA CO	Common Stocks	191216100	1,574	41,553	SH		SOLE		33,895	0	7,658
COLGATE-PALMOLIVE CO	Common Stocks	194162103	18	308	SH		OTR		0	0	308
COLGATE-PALMOLIVE CO	Common Stocks	194162103	1,263	21,295	SH		SOLE		17,248	0	4,047
COLUMBIA BANKING SYSTEM	Common Stocks	197236102	247	10,012	SH		SOLE		8,606	0	1,406
COMCAST CORP	Common Stocks	20030N101	15	333	SH		OTR		0	0	333
COMCAST CORP	Common Stocks	20030N101	752	16,672	SH		SOLE		13,003	0	3,669
CONOCOPHILLIPS	Common Stocks	20825C104	3	38	SH		OTR		0	0	38
CONOCOPHILLIPS	Common Stocks	20825C104	507	7,299	SH		SOLE		6,022	0	1,277
CORE-MARK HOLDING CO INC	Common Stocks	218681104	273	4,115	SH		SOLE		3,532	0	583
CORESITE REALTY CORP	Common Stocks	21870Q105	243	7,154	SH		SOLE		6,132	0	1,022
COTT CORPORATION	Common Stocks	22163N106	315	40,911	SH		SOLE		35,104	0	5,807
CVS CAREMARK CORPORATION	Common Stocks	126650100	15	268	SH		OTR		0	0	268
CVS CAREMARK CORPORATION	Common Stocks	126650100	722	12,729	SH		SOLE		9,923	0	2,806
DISCOVER FINANCIAL SERVICES	Common Stocks	254709108	20	395	SH		OTR		0	0	395
DISCOVER FINANCIAL SERVICES	Common Stocks	254709108	1,261	24,945	SH		SOLE		20,081	0	4,864
DOMINION RES INC VA	Common Stocks	25746U109	19	305	SH		OTR		0	0	305
DOMINION RES INC VA	Common Stocks	25746U109	1,424	22,792	SH		SOLE		18,448	0	4,344
DOMTAR CORP	Common Stocks	257559203	18	229	SH		OTR		0	0	229
DOMTAR CORP	Common Stocks	257559203	1,819	22,899	SH		SOLE		19,031	0	3,868
EL PASO ELECTRIC CO	Common Stocks	283677854	216	6,479	SH		SOLE		5,564	0	915
EMC CORP MASS	Common Stocks	268648102	29	1,116	SH		OTR		0	0	1,116
EMC CORP MASS	Common Stocks	268648102	1,811	70,840	SH		SOLE		57,366	0	13,474
ENDURANCE SPECIALTY HLDGS	Common Stocks	G30397106	3	62	SH		OTR		0	0	62
ENDURANCE SPECIALTY HLDGS	Common Stocks	G30397106	447	8,315	SH		SOLE		6,843	0	1,472
EXPRESS SCRIPTS INC	Common Stocks	30219G108	9	153	SH		OTR		0	0	153
EXPRESS SCRIPTS INC	Common Stocks	30219G108	459	7,428	SH		SOLE		5,921	0	1,507
FAMILY DOLLAR STORES	Common Stocks	307000109	21	291	SH		OTR		0	0	291
FAMILY DOLLAR STORES	Common Stocks	307000109	1,437	19,948	SH		SOLE		16,180	0	3,768
FIFTH THIRD BANCORP	Common Stocks	316773100	3	189	SH		OTR		0	0	189
FIFTH THIRD BANCORP	Common Stocks	316773100	461	25,517	SH		SOLE		20,889	0	4,628
FRANKLIN RESOURCES INC	Common Stocks	354613101	22	430	SH		OTR		0	0	430
FRANKLIN RESOURCES INC	Common Stocks	354613101	1,502	29,706	SH		SOLE		24,279	0	5,427
GENERAL ELECTRIC CO	Common Stocks	369604103	28	1,178	SH		OTR		0	0	1,178
GENERAL ELECTRIC CO	Common Stocks	369604103	1,849	77,386	SH		SOLE		63,171	0	14,215
GENESEE & WYOMING INC-CL A	Common Stocks	371559105	308	3,312	SH		SOLE		2,857	0	455
GOLDCORP INC	Common Stocks	380956409	15	593	SH		OTR		0	0	593
GOLDCORP INC	Common Stocks	380956409	719	27,641	SH		SOLE		21,974	0	5,667
GRAPHIC PACKAGING HOLDING	Common Stocks	388689101	276	32,264	SH		SOLE		27,675	0	4,589
HANGER INC	Common Stocks	41043F208	256	7,593	SH		SOLE		6,497	0	1,096
HEARTLAND PAYMENT SYSTEMS	Common Stocks	42235N108	285	7,173	SH		SOLE		6,160	0	1,013
HERITAGE CRYSTAL CLEAN INC	Common Stocks	42726M106	301	16,736	SH		SOLE		14,382	0	2,354
IPATH DOW JONES-AIG COMMDTY INDX ETN	ETF	06738C778	74	1,980	SH		OTR		0	0	1,980
IPATH DOW JONES-AIG COMMDTY INDX ETN	ETF	06738C778	8,793	235,987	SH		SOLE		231,332	0	4,655
ISHARES BARCLAY TIPS BONDS	ETF	464287176	90	796	SH		OTR		0	0	796
ISHARES BARCLAY TIPS BONDS	ETF	464287176	1,216	10,801	SH		SOLE		7,901	0	2,900
ISHARES MSCI ACWI US	ETF	464288240	355	7,930	SH		SOLE		7,930	0	0
ISHARES S&P 500 INDEX FUND	ETF	464287200	456	2,698	SH		OTR		0	0	2,698
ISHARES S&P 500 INDEX FUND	ETF	464287200	7,154	42,355	SH		SOLE		35,936	0	6,419
ISHARES S&P MIDCAP 400 INDEX FUND	ETF	464287507	868	6,990	SH		SOLE		6,563	0	427
ISHARES TR MSCI EAFE INDEX	ETF	464287465	774	12,135	SH		SOLE		12,135	0	0
ISHARES TR RUSSL 2000 INDEX	ETF	464287655	122	1,148	SH		OTR		0	0	1,148
ISHARES TR RUSSL 2000 INDEX	ETF	464287655	5,198	48,754	SH		SOLE		45,734	0	3,020
JABIL CIRCUIT INC	Common Stocks	466313103	4	166	SH		OTR		0	0	166
JABIL CIRCUIT INC	Common Stocks	466313103	477	21,999	SH		SOLE		18,285	0	3,714
JAZZ PHARMACEUTICALS PLC	Common Stocks	G50871105	325	3,534	SH		SOLE		3,069	0	465
JOHNSON & JOHNSON	Common Stocks	478160104	18	211	SH		OTR		0	0	211
JOHNSON & JOHNSON	Common Stocks	478160104	1,420	16,385	SH		SOLE		13,510	0	2,875
JPMORGAN CHASE & CO	Common Stocks	46625H100	24	456	SH		OTR		0	0	456
JPMORGAN CHASE & CO	Common Stocks	46625H100	1,565	30,286	SH		SOLE		24,680	0	5,606
KAR AUCTION SERVICES INC	Common Stocks	48238T109	35	1,258	SH		OTR		0	0	1,258
KAR AUCTION SERVICES INC	Common Stocks	48238T109	2,718	96,346	SH		SOLE		78,976	0	17,370
LITHIA MOTORS INC CL A	Common Stocks	536797103	510	6,993	SH		SOLE		6,007	0	986
MARSH & MCLENNAN COS INC	Common Stocks	571748102	2	55	SH		OTR		0	0	55
MARSH & MCLENNAN COS INC	Common Stocks	571748102	502	11,523	SH		SOLE		9,577	0	1,946
MARVELL TECHNOLOGY GROUP LTD	Common Stocks	G5876H105	16	1,391	SH		OTR		0	0	1,391
MARVELL TECHNOLOGY GROUP LTD	Common Stocks	G5876H105	1,011	87,940	SH		SOLE		71,460	0	16,480
MERCK & CO INC	Common Stocks	58933Y105	32	674	SH		OTR		0	0	674
MERCK & CO INC	Common Stocks	58933Y105	2,090	43,891	SH		SOLE		35,580	0	8,311
MICROS SYSTEMS INC	Common Stocks	594901100	16	327	SH		OTR		0	0	327
MICROS SYSTEMS INC	Common Stocks	594901100	1,005	20,128	SH		SOLE		16,304	0	3,824
MICROSOFT CORP	Common Stocks	594918104	21	619	SH		OTR		0	0	619
MICROSOFT CORP	Common Stocks	594918104	1,259	37,833	SH		SOLE		30,682	0	7,151
MINE SAFETY APPLIANCES	Common Stocks	602720104	221	4,289	SH		SOLE		3,681	0	608
NATIONAL OILWELL VARCO INC	Common Stocks	637071101	26	327	SH		OTR		0	0	327
NATIONAL OILWELL VARCO INC	Common Stocks	637071101	1,901	24,342	SH		SOLE		20,030	0	4,312
NAVIDEA BIOPHARMACEUTICALS	Common Stocks	63937X103	330	124,544	SH		SOLE		106,857	0	17,687
NEXTERA ENERGY INC	Common Stocks	65339F101	3	38	SH		OTR		0	0	38
NEXTERA ENERGY INC	Common Stocks	65339F101	424	5,289	SH		SOLE		4,380	0	909
NIELSEN HOLDING N.V.	Common Stocks	N63218106	23	625	SH		OTR		0	0	625
NIELSEN HOLDING N.V.	Common Stocks	N63218106	1,591	43,658	SH		SOLE		35,934	0	7,724
NORFOLK SOUTHN CORP	Common Stocks	655844108	3	42	SH		OTR		0	0	42
NORFOLK SOUTHN CORP	Common Stocks	655844108	452	5,848	SH		SOLE		4,814	0	1,034
OCCIDENTAL PETE CORP	Common Stocks	674599105	30	326	SH		OTR		0	0	326
OCCIDENTAL PETE CORP	Common Stocks	674599105	1,971	21,074	SH		SOLE		17,107	0	3,967
OCWEN FINANCIAL CORP	Common Stocks	675746309	501	8,976	SH		SOLE		7,718	0	1,258
ORACLE CORP	Common Stocks	68389X105	32	954	SH		OTR		0	0	954
ORACLE CORP	Common Stocks	68389X105	2,065	62,262	SH		SOLE		50,624	0	11,638
OSI SYTEMS INC	Common Stocks	671044105	442	5,949	SH		SOLE		5,106	0	843
PBF ENERGY INC	Common Stocks	69318G106	20	905	SH		OTR		0	0	905
PBF ENERGY INC	Common Stocks	69318G106	1,397	62,219	SH		SOLE		50,838	0	11,381
PERFORMANT FINANCIAL CORP	Common Stocks	71377E105	283	25,925	SH		SOLE		22,281	0	3,644
PNC FINL SVCS GROUP INC	Common Stocks	693475105	17	230	SH		OTR		0	0	230
PNC FINL SVCS GROUP INC	Common Stocks	693475105	1,313	18,128	SH		SOLE		14,760	0	3,368
PROASSURANCE CORP	Common Stocks	74267C106	344	7,642	SH		SOLE		6,575	0	1,067
PROCERA NETWORKS INC	Common Stocks	74269U203	446	28,773	SH		SOLE		24,724	0	4,049
PRUDENTIAL FINANCIAL INC	Common Stocks	744320102	18	234	SH		OTR		0	0	234
PRUDENTIAL FINANCIAL INC	Common Stocks	744320102	1,399	17,943	SH		SOLE		14,716	0	3,227
REACH LOCAL INC	Common Stocks	75525F104	294	24,648	SH		SOLE		21,110	0	3,538
RESOLUTE ENERGY COMPANY	Common Stocks	76116A108	402	48,054	SH		SOLE		41,285	0	6,769
SABRA HEALTHCARE REIT	Common Stocks	78573L106	495	21,504	SH		SOLE		18,463	0	3,041
SCHLUMBERGER LTD	Common Stocks	806857108	18	205	SH		OTR		0	0	205
SCHLUMBERGER LTD	Common Stocks	806857108	868	9,821	SH		SOLE		7,811	0	2,010
SEMGROUP CORP CL A	Common Stocks	81663A105	301	5,273	SH		SOLE		4,522	0	751
SPDR BARCLAYS HIGH YLD BOND ETF	ETF	78464A417	139	3,497	SH		OTR		0	0	3,497
SPDR BARCLAYS HIGH YLD BOND ETF	ETF	78464A417	14,097	353,794	SH		SOLE		341,382	0	12,412
SPDR BARCLAYS INTL TREASURY BOND ETF	ETF	78464A516	3,436	58,871	SH		SOLE		58,871	0	0
SPDR ENERGY SELECT	ETF	81369Y506	259	3,127	SH		SOLE		3,127	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	2,291	13,639	SH		SOLE		13,639	0	0
SPDR S&P DIVIDEND ETF	ETF	78464A763	456	6,616	SH		SOLE		6,616	0	0
SPECTRUM BRANDS HOLDING	Common Stocks	84763R101	242	3,669	SH		SOLE		3,152	0	517
ST JUDE MEDICAL CENTER INC	Common Stocks	790849103	19	361	SH		OTR		0	0	361
ST JUDE MEDICAL CENTER INC	Common Stocks	790849103	1,337	24,924	SH		SOLE		20,069	0	4,855
STANDARD MOTOR PRODUCTS	Common Stocks	853666105	320	9,948	SH		SOLE		8,591	0	1,357
STANDARD PARKING	Common Stocks	853790103	434	16,152	SH		SOLE		13,881	0	2,271
SUMMIT HOTEL PROPERTIES	Common Stocks	866082100	336	36,560	SH		SOLE		31,389	0	5,171
SYMMETRY MEDICAL INC	Common Stocks	871546206	418	51,280	SH		SOLE		44,065	0	7,215
SYNTA PHARMACEUTICALS	Common Stocks	87162T206	365	57,904	SH		SOLE		49,686	0	8,218
TARGET CORP	Common Stocks	87612E106	31	478	SH		OTR		0	0	478
TARGET CORP	Common Stocks	87612E106	2,016	31,504	SH		SOLE		25,633	0	5,871
THERMON GROUP HOLDINGS, INC	Common Stocks	88362T103	565	24,441	SH		SOLE		21,001	0	3,440
THOR INDUSTRIES INC	Common Stocks	885160101	7	112	SH		OTR		0	0	112
THOR INDUSTRIES INC	Common Stocks	885160101	866	14,919	SH		SOLE		12,446	0	2,473
TJX COS INC NEW	Common Stocks	872540109	20	360	SH		OTR		0	0	360
TJX COS INC NEW	Common Stocks	872540109	1,012	17,948	SH		SOLE		14,364	0	3,584
UNION PACIFIC CORP	Common Stocks	907818108	23	149	SH		OTR		0	0	149
UNION PACIFIC CORP	Common Stocks	907818108	1,120	7,210	SH		SOLE		5,659	0	1,551
VANGUARD FTSE DEVELOPED ETF	ETF	921943858	319	8,061	SH		OTR		0	0	8,061
VANGUARD FTSE DEVELOPED ETF	ETF	921943858	30,348	766,741	SH		SOLE		738,821	0	27,920
VANGUARD INTL EQ INDEX MSCI EMR MKT ETF	ETF	922042858	35	877	SH		OTR		0	0	877
VANGUARD INTL EQ INDEX MSCI EMR MKT ETF	ETF	922042858	396	9,863	SH		SOLE		7,196	0	2,667
VANGUARD REIT ETF	ETF	922908553	70	1,057	SH		OTR		0	0	1,057
VANGUARD REIT ETF	ETF	922908553	3,932	59,448	SH		SOLE		56,622	0	2,826
VANGUARD SMALL CAP ETF	ETF	922908751	2,051	20,012	SH		SOLE		20,012	0	0
VANGUARD TOTAL BOND MARKET ETF	ETF	921937835	562	6,944	SH		OTR		0	0	6,944
VANGUARD TOTAL BOND MARKET ETF	ETF	921937835	9,444	116,761	SH		SOLE		83,548	0	33,213
VANGUARD TOTAL STOCK MKT ETF	ETF	922908769	453	5,165	SH		SOLE		5,165	0	0
VERIZON COMMUNICATIONS	Common Stocks	92343V104	23	487	SH		OTR		0	0	487
VERIZON COMMUNICATIONS	Common Stocks	92343V104	1,310	28,072	SH		SOLE		22,577	0	5,495
VISA INC- CLASS A SHARES	Common Stocks	92826C839	26	135	SH		OTR		0	0	135
VISA INC- CLASS A SHARES	Common Stocks	92826C839	1,248	6,528	SH		SOLE		5,206	0	1,322
WELLS FARGO	Common Stocks	949746101	18	443	SH		OTR		0	0	443
WELLS FARGO	Common Stocks	949746101	1,320	31,944	SH		SOLE		26,336	0	5,608
WESTERN REFINING INC	Common Stocks	959319104	316	10,509	SH		SOLE		9,018	0	1,491
WILSHIRE BANCORP INC	Common Stocks	97186T108	384	46,998	SH		SOLE		40,298	0	6,700
XYRATEX LTD	Common Stocks	G98268108	280	25,156	SH		SOLE		21,885	0	3,271
ZIX CORPORATION	Common Stocks	98974P100	287	58,567	SH		SOLE		50,221	0	8,346