Herndon Capital Management 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
ABB LIMITED ADR	ADR	000375204	302,568	13,969	SH		OTR	ALL	13,969	0	0
ACCENTURE PLC CL A	Common Stock	G1151C101	65,371,631	908,444	SH		OTR	ALL	656,848	0	251,596
ACTAVIS INC COM	Common Stock	00507K103	2,826,192	22,391	SH		OTR	ALL	21,998	0	393
AES	Common Stock	00130H105	4,041,745	337,093	SH		OTR	ALL	201,635	0	135,458
AFLAC INC	Common Stock	001055102	209,876,260	3,611,085	SH		OTR	ALL	2,640,520	0	970,565
ALTRIA GROUP INC	Common Stock	02209S103	151,743,302	4,336,762	SH		OTR	ALL	3,281,412	0	1,055,350
AMAZON.COM INC	Common Stock	023135106	2,122,940	7,645	SH		OTR	ALL	7,511	0	134
AMERICAN CAP AGY CORP COM	Common Stock	02503X105	93,725,528	4,073,252	SH		OTR	ALL	2,748,205	0	1,325,047
AMERICAN EXPRESS	Common Stock	025816109	6,840,240	91,496	SH		OTR	ALL	91,496	0	0
ANHEUSER-BUSCH INBEV NV ADR	ADR	03524A108	365,011	4,044	SH		OTR	ALL	4,044	0	0
APACHE CORP	Common Stock	037411105	150,409,882	1,794,225	SH		OTR	ALL	1,308,498	0	485,727
APARTMENT INVST/MGMT	Common Stock	03748R101	143,244,780	4,768,468	SH		OTR	ALL	3,224,775	0	1,543,693
APOLLO GROUP	Common Stock	037604105	5,867,357	331,115	SH		OTR	ALL	197,992	0	133,123
APPLE INC	Common Stock	037833100	97,090,766	244,851	SH		OTR	ALL	178,437	0	66,414
ATWOOD OCEANICS	Common Stock	050095108	6,694,462	128,616	SH		OTR	ALL	84,876	0	43,740
AXA SA ADR	ADR	054536107	222,575	11,304	SH		OTR	ALL	11,304	0	0
BAXTER INTERNATIONAL	Common Stock	071813109	65,955,153	952,146	SH		OTR	ALL	701,800	0	250,346
BG GROUP PLC ADR FIN INST N	Common Stock	055434203	257,283	15,170	SH		OTR	ALL	15,170	0	0
BHP BILLITON PLC ADR	ADR	088606108	251,570	4,363	SH		OTR	ALL	4,363	0	0
BIG LOTS INC	Common Stock	089302103	5,271,532	167,191	SH		OTR	ALL	100,015	0	67,176
BNP PARIBAS ADR	ADR	05565A202	255,137	9,271	SH		OTR	ALL	9,271	0	0
BOEING COM /THE	Common Stock	097023105	6,646,512	64,882	SH		OTR	ALL	64,652	0	230
BRINKER INTERNATIONAL	Common Stock	109641100	2,200,194	55,800	SH		OTR	ALL	54,822	0	978
BRITISH AMERICAN TOBACCO PLC -ADR	ADR	110448107	289,261	2,810	SH		OTR	ALL	2,810	0	0
BROWN-FORMAN 'B'	Common Stock	115637209	1,071,815	15,867	SH		OTR	ALL	15,588	0	279
CADENCE DESIGN SYS INC	Common Stock	127387108	2,071,914	143,088	SH		OTR	ALL	140,569	0	2,519
CAMPBELL SOUP	Common Stock	134429109	144,789,587	3,232,632	SH		OTR	ALL	2,304,072	0	928,560
CATAMARAN CORP	Common Stock	148887102	1,831,864	37,569	SH		OTR	ALL	36,908	0	661
CATERPILLAR INC	Common Stock	149123101	80,852,986	980,155	SH		OTR	ALL	707,094	0	273,061
CBOE HOLDINGS	Common Stock	12503M108	209,486,498	4,491,563	SH		OTR	ALL	3,243,635	0	1,247,928
CBRE GROUP INC.	Common Stock	12504L109	4,618,785	197,722	SH		OTR	ALL	118,331	0	79,391
CELGENE CORP	Common Stock	151020104	1,572,211	13,440	SH		OTR	ALL	13,203	0	237
CF INDUSTRIES HOLDINGS INC	Common Stock	125269100	110,388,377	643,664	SH		OTR	ALL	458,092	0	185,572
CH ROBINSON WORLDWIDE	Common Stock	12541W209	2,495,208	44,312	SH		OTR	ALL	27,473	0	16,839
CHEVRON CORP	Common Stock	166764100	130,569,729	1,103,344	SH		OTR	ALL	805,804	0	297,540
CHINA MOBILE LIMITED ADR	ADR	16941M109	239,073	4,618	SH		OTR	ALL	4,618	0	0
CIGNA CORP	Common Stock	125509109	3,916,924	54,034	SH		OTR	ALL	32,309	0	21,725
CITIGROUP INC COM NEW	Common Stock	172967424	1,680,389	35,030	SH		OTR	ALL	34,412	0	618
CLIFFS NATURAL RESOURCES INC	Common Stock	18683K101	2,744,397	168,886	SH		OTR	ALL	103,487	0	65,399
CNOOC LIMITED ADR	ADR	126132109	270,312	1,614	SH		OTR	ALL	1,614	0	0
COACH INC	Common Stock	189754104	145,028,638	2,540,351	SH		OTR	ALL	1,839,528	0	700,823
COLGATE-PALMOLIVE CO	Common Stock	194162103	106,611,934	1,860,917	SH		OTR	ALL	1,335,650	0	525,267
COMCAST CORP NEW CL A	Common Stock	20030N101	1,611,717	38,604	SH		OTR	ALL	37,925	0	679
CONOCOPHILLIPS	Common Stock	20825C104	4,156,894	68,709	SH		OTR	ALL	68,709	0	0
COPA HOLDINGS SA	Common Stock	P31076105	125,318,857	955,757	SH		OTR	ALL	668,960	0	286,797
CUMMINS INC	Common Stock	231021106	1,028,092	9,479	SH		OTR	ALL	9,479	0	0
DBS GROUP HOLDINGS LIMITED ADR	ADR	23304Y100	290,371	5,932	SH		OTR	ALL	5,932	0	0
DEERE & COMPANY	Common Stock	244199105	4,810,081	59,201	SH		OTR	ALL	59,002	0	199
DELL INC	Common Stock	24702R101	1,106,505	83,071	SH		OTR	ALL	83,071	0	0
DELPHI AUTOMOTIVE PLC SHS	Common Stock	G27823106	1,522,322	30,032	SH		OTR	ALL	29,503	0	529
DIAGEO PLC SP ADR	ADR	25243Q205	347,378	3,022	SH		OTR	ALL	3,022	0	0
DIAMOND OFFSHORE DRILLING	Common Stock	25271C102	329,504	4,790	SH		OTR	ALL	4,790	0	0
DISCOVER FINANCIAL SERVICES	Common Stock	254709108	165,476,919	3,473,487	SH		OTR	ALL	2,577,254	0	896,233
DOLLAR TREE	Common Stock	256746108	1,327,940	26,120	SH		OTR	ALL	25,664	0	456
DST SYSTEMS INC	Common Stock	233326107	5,143,953	78,738	SH		OTR	ALL	47,848	0	30,890
DUPONT	Common Stock	263534109	1,188,390	22,636	SH		OTR	ALL	22,636	0	0
EASTMAN CHEMICAL	Common Stock	277432100	1,169,587	16,706	SH		OTR	ALL	16,415	0	291
EATON VANCE	Common Stock	278265103	153,245,069	4,076,751	SH		OTR	ALL	2,943,918	0	1,132,833
ELI LILLY & CO	Common Stock	532457108	5,335,463	108,621	SH		OTR	ALL	107,961	0	660
ENDO HEALTH SOLUTIONS INC	Common Stock	29264F205	154,650,812	4,203,610	SH		OTR	ALL	3,001,866	0	1,201,744
ENSCO PLC - CL A	Common Stock	B4VLR19	5,279,795	90,843	SH		OTR	ALL	70,211	0	20,632
EQUINIX INC	Common Stock	29444U502	2,019,913	10,935	SH		OTR	ALL	10,743	0	192
ETABLISSEMENTS DELHAIZ SPONSORED ADR	ADR	29759W101	307,963	4,980	SH		OTR	ALL	4,980	0	0
EVEREST RE GROUP	Common Stock	G3223R108	1,064,173	8,297	SH		OTR	ALL	8,297	0	0
EXXON MOBIL CORP	Common Stock	30231G102	155,761,322	1,723,977	SH		OTR	ALL	1,255,115	0	468,862
FAMILY DOLLAR STORES	Common Stock	307000109	6,225,579	99,913	SH		OTR	ALL	59,686	0	40,227
FEDERATED INVESTORS INC CL B	Common Stock	314211103	87,336,977	3,186,318	SH		OTR	ALL	2,293,088	0	893,230
FMC TECHNOLOGIES	Common Stock	30249U101	1,144,725	20,559	SH		OTR	ALL	20,196	0	363
FORD MOTOR	Common Stock	345370860	1,229,849	79,499	SH		OTR	ALL	78,098	0	1,401
FRANKLIN RESOURCES	Common Stock	354613101	4,014,494	29,514	SH		OTR	ALL	29,514	0	0
GAP (THE)	Common Stock	364760108	1,348,504	32,315	SH		OTR	ALL	31,751	0	564
GARTNER INC	Common Stock	366651107	2,030,268	35,625	SH		OTR	ALL	35,001	0	624
GAZPROM ADR - LONDON EXCHANGE	ADR	368287207	260,225	39,548	SH		OTR	ALL	39,548	0	0
GENERAL MOTORS CO COM	Common Stock	37045V100	1,185,802	35,599	SH		OTR	ALL	35,599	0	0
GILEAD SCIENCES	Common Stock	375558103	5,406,882	105,459	SH		OTR	ALL	105,000	0	459
GLAXOSMITHKLINE PLC SPONSORED ADR	ADR	37733W105	276,334	5,530	SH		OTR	ALL	5,530	0	0
GRACO INC	Common Stock	384109104	7,025,349	111,143	SH		OTR	ALL	67,055	0	44,088
GUESS? INC	Common Stock	401617105	4,934,762	159,032	SH		OTR	ALL	95,126	0	63,906
HALLIBURTON CO	Common Stock	406216101	4,963,595	118,974	SH		OTR	ALL	118,974	0	0
HARMONY GOLD MNG LTD SPONSORED ADR	ADR	413216300	68,279	17,921	SH		OTR	ALL	17,921	0	0
HEALTH MMGMT ASSOCIATION	Common Stock	421933102	9,211,652	585,983	SH		OTR	ALL	350,607	0	235,376
HERBALIFE LIMITED	Common Stock	G4412G101	8,182,437	181,268	SH		OTR	ALL	120,098	0	61,170
HERSHEY CO (THE)	Common Stock	427866108	155,407,285	1,740,673	SH		OTR	ALL	1,234,424	0	506,249
HEWLETT-PACKARD	Common Stock	428236103	750,100	30,246	SH		OTR	ALL	30,246	0	0
HOLLYFRONTIER CORP COM	Common Stock	436106108	150,355,658	3,514,625	SH		OTR	ALL	2,505,824	0	1,008,801
HUNT (J.B.)TRANSPORT SERVICES	Common Stock	445658107	2,079,356	28,784	SH		OTR	ALL	28,280	0	504
HUNTSMAN	Common Stock	447011107	4,439,736	268,100	SH		OTR	ALL	160,381	0	107,719
HUTCHISON WHAMPOA ADR	ADR	448415208	361,921	17,292	SH		OTR	ALL	17,292	0	0
IMPERIAL TOBACCO GROUP PLC ADR	ADR	453142101	244,751	3,512	SH		OTR	ALL	3,512	0	0
IND & COMM BANK of UNSPON ADR	ADR	455807107	179,004	14,401	SH		OTR	ALL	14,401	0	0
INTEL CORPORATION	Common Stock	458140100	862,273	35,587	SH		OTR	ALL	35,587	0	0
INTERNATIONAL BUSINESS MACHINES CORP	Common Stock	459200101	131,371,306	687,412	SH		OTR	ALL	503,393	0	184,019
ITAU UNIBANCO HOLDINGS SA SPON ADR REP PFD	ADR	465562106	259,834	20,111	SH		OTR	ALL	20,111	0	0
JABIL CIRCUIT	Common Stock	466313103	5,115,318	250,997	SH		OTR	ALL	152,496	0	98,501
JOY GLOBAL INC	Common Stock	481165108	102,627,507	2,114,723	SH		OTR	ALL	1,489,508	0	625,215
KELLOGG CO	Common Stock	487836108	2,514,347	39,146	SH		OTR	ALL	39,146	0	0
KEPPEL CORP LIMITED ADR	ADR	492051305	318,516	19,304	SH		OTR	ALL	19,304	0	0
KIMBERLY-CLARK	Common Stock	494368103	1,153,731	11,877	SH		OTR	ALL	11,668	0	209
KONINKLIJKE AHOLD - SP ADR	ADR	500467402	281,182	18,884	SH		OTR	ALL	18,884	0	0
KROGER	Common Stock	501044101	2,323,643	67,274	SH		OTR	ALL	66,088	0	1,186
LANDSTAR SYSTEM INC	Common Stock	515098101	4,137,252	80,335	SH		OTR	ALL	48,027	0	32,308
LENDER PROCESSING SERVICES	Common Stock	52602E102	6,207,770	191,894	SH		OTR	ALL	116,680	0	75,214
LEXMARK INTERNATIONAL	Common Stock	529771107	4,567,738	149,419	SH		OTR	ALL	77,711	0	71,708
LOCKHEED MARTIN	Common Stock	539830109	154,517,322	1,424,648	SH		OTR	ALL	1,069,947	0	354,701
LUKOIL OAO ADR	ADR	677862104	2,528,183	43,854	SH		OTR	ALL	23,641	0	20,213
LVMH ADR	ADR	502441306	256,798	7,921	SH		OTR	ALL	7,921	0	0
LYONDELLBASELL INDUSTRIES SHS - A -	Common Stock	N53745100	74,924,157	1,130,760	SH		OTR	ALL	826,252	0	304,508
MARATHON PETR CORP COM	Common Stock	56585A102	182,367,957	2,566,394	SH		OTR	ALL	1,861,658	0	704,736
MARKS & SPENCER GROUP SP ADR	ADR	570912105	307,733	23,554	SH		OTR	ALL	23,554	0	0
MASTERCARD INC CL A	Common Stock	57636Q104	3,343,015	5,819	SH		OTR	ALL	5,760	0	59
MCDONALD'S	Common Stock	580135101	1,087,614	10,986	SH		OTR	ALL	10,986	0	0
MCGRAW HILL FINL INC COM	Common Stock	580645109	121,886,852	2,291,537	SH		OTR	ALL	1,666,253	0	625,284
METLIFE	Common Stock	59156R108	3,657,825	79,935	SH		OTR	ALL	79,935	0	0
MICHAEL KORS HOLDINGS LIMITED	Common Stock	G60754101	1,407,047	22,687	SH		OTR	ALL	22,290	0	397
MICROSOFT CORP	Common Stock	594918104	165,226,981	4,782,371	SH		OTR	ALL	3,501,292	0	1,281,079
MITSUBISHI UFJ FINANCIAL GROUP - ADR	ADR	606822104	216,424	34,851	SH		OTR	ALL	34,851	0	0
MURPHY OIL CORP	Common Stock	626717102	1,895,749	31,134	SH		OTR	ALL	18,645	0	12,489
MYLAN	Common Stock	628530107	68,296,751	2,200,991	SH		OTR	ALL	1,577,998	0	622,993
NCR	Common Stock	62886E108	1,241,281	37,626	SH		OTR	ALL	36,962	0	664
NESTLE SA - SP ADR	ADR	641069406	270,947	4,119	SH		OTR	ALL	4,119	0	0
NETEASE INC SPONSORED ADR	ADR	64110W102	11,592,074	183,506	SH		OTR	ALL	130,340	0	53,166
NEWFIELD EXPLORATION	Common Stock	651290108	95,305,404	3,989,343	SH		OTR	ALL	2,861,474	0	1,127,869
NEWMARKET CORP COM	Common Stock	651587107	122,381,055	466,107	SH		OTR	ALL	333,397	0	132,710
NIPPON TELEGRAPH & TELEPHONE CORP ADR	ADR	654624105	344,554	13,247	SH		OTR	ALL	13,247	0	0
NORDSTROM	Common Stock	655664100	140,354,365	2,341,581	SH		OTR	ALL	1,684,025	0	657,556
NU SKIN ENTERPRISES CL A	Common Stock	67018T105	6,026,248	98,597	SH		OTR	ALL	60,084	0	38,513
OCEANEERING INTERNATIONAL	Common Stock	675232102	1,215,703	16,838	SH		OTR	ALL	16,541	0	297
ORACLE CORP	Common Stock	68389X105	989,629	32,225	SH		OTR	ALL	32,225	0	0
ORIX - SP ADR	ADR	686330101	393,307	5,756	SH		OTR	ALL	5,756	0	0
PATTERSON UTI ENERGY	Common Stock	703481101	133,775,283	6,910,184	SH		OTR	ALL	4,957,672	0	1,952,512
PERFECT WORLD CO - SP ADR	ADR	71372U104	307,219	17,636	SH		OTR	ALL	17,636	0	0
PHILIP MORRIS INTL	Common Stock	718172109	142,122,976	1,640,764	SH		OTR	ALL	1,252,442	0	388,322
POLARIS INDUSTRIES INC COM	Common Stock	731068102	1,306,345	13,751	SH		OTR	ALL	13,510	0	241
PPG INDUSTRIES	Common Stock	693506107	380,226	2,597	SH		OTR	ALL	2,597	0	0
PRICELINE.COM INC	Common Stock	741503403	2,109,661	2,552	SH		OTR	ALL	2,507	0	45
PULTE GROUP	Common Stock	745867101	1,339,964	70,636	SH		OTR	ALL	69,399	0	1,237
QUALCOMM	Common Stock	747525103	989,963	16,205	SH		OTR	ALL	15,920	0	285
QUANTA SERVICES	Common Stock	74762E102	1,042,973	39,417	SH		OTR	ALL	38,727	0	690
RIO TINTO PLC SP ADR	ADR	767204100	248,123	6,040	SH		OTR	ALL	6,040	0	0
ROCKWELL AUTOMATION	Common Stock	773903109	1,156,144	13,906	SH		OTR	ALL	13,682	0	224
ROCKWELL COLLINS INC	Common Stock	774341101	4,563,047	71,961	SH		OTR	ALL	43,042	0	28,919
ROSS STORES	Common Stock	778296103	176,284,950	2,720,027	SH		OTR	ALL	1,940,374	0	779,653
RPC INC COM	Common Stock	749660106	145,585,047	10,542,002	SH		OTR	ALL	7,512,179	0	3,029,823
SALIX PHARMACEUTICALS COM	Common Stock	795435106	84,967,823	1,284,472	SH		OTR	ALL	928,328	0	356,144
SAP AG ADR	ADR	803054204	267,868	3,678	SH		OTR	ALL	3,678	0	0
SBERBANK OF RUSSIA SPON ADR EA REPR4 - Lon	ADR	80585Y308	7,712,464	677,076	SH		OTR	ALL	449,118	0	227,958
SEVEN & I HOLDINGS CO LIMITED ADR	ADR	81783H105	331,354	4,536	SH		OTR	ALL	4,536	0	0
SHERWIN-WILLIAMS	Common Stock	824348106	1,577,214	8,931	SH		OTR	ALL	8,775	0	156
SIMON PROPERTY GROUP	Common Stock	828806109	2,282,733	14,455	SH		OTR	ALL	14,455	0	0
SLM CORP	Common Stock	78442P106	84,050,162	3,676,735	SH		OTR	ALL	2,635,725	0	1,041,010
SOUTHERN COPPER CORP DELCOM	Common Stock	84265V105	96,683,009	3,500,471	SH		OTR	ALL	2,543,547	0	956,924
ST JUDE MEDICAL	Common Stock	790849103	67,389,530	1,476,869	SH		OTR	ALL	1,064,874	0	411,995
STATE STREET	Common Stock	857477103	1,807,490	27,718	SH		OTR	ALL	27,229	0	489
SUMITOMO MITSUI FINANCIAL SP ADR	ADR	86562M209	433,930	47,064	SH		OTR	ALL	47,064	0	0
SYMANTEC	Common Stock	871503108	5,754,880	256,000	SH		OTR	ALL	155,610	0	100,390
SYNGENTA AG SP ADR	ADR	87160A100	374,662	4,812	SH		OTR	ALL	4,812	0	0
TERNIUM SA - SP ADR	ADR	880890108	209,191	9,244	SH		OTR	ALL	9,244	0	0
THE DIRECTV GROUP	Common Stock	25490A309	2,216,574	35,960	SH		OTR	ALL	35,328	0	632
TJX COMPANIES INC	Common Stock	872540109	197,605,343	3,947,370	SH		OTR	ALL	2,859,771	0	1,087,599
TORO	Common Stock	891092108	2,446,736	53,881	SH		OTR	ALL	33,376	0	20,505
TOYOTA MOTOR CORP SP ADR Rep2com	ADR	892331307	536,937	4,450	SH		OTR	ALL	4,450	0	0
U.S. BANCORP	Common Stock	902973304	2,782,935	76,983	SH		OTR	ALL	76,983	0	0
ULTRA PETROLEUM	Common Stock	903914109	191,047,417	9,639,123	SH		OTR	ALL	6,920,406	0	2,718,717
UNITED PARCEL SERVICES CL B	Common Stock	911312106	133,675,508	1,545,739	SH		OTR	ALL	1,102,412	0	443,327
UNITED RENTALS INC COM	Common Stock	911363109	1,880,159	37,671	SH		OTR	ALL	37,011	0	660
UNITED THERAPEUTICS	Common Stock	91307C102	67,459,245	1,024,905	SH		OTR	ALL	736,365	0	288,540
VALE S A ADR	ADR	91912E105	3,408,480	259,200	SH		OTR	ALL	138,554	0	120,646
VODAFONE GROUP PLC ADR	ADR	92857W209	345,920	12,032	SH		OTR	ALL	12,032	0	0
VOLKSWAGEN AG SPONSORED ADR	ADR	928662303	235,182	6,041	SH		OTR	ALL	6,041	0	0
WABCO HOLDING	Common Stock	92927K102	1,486,928	19,908	SH		OTR	ALL	19,559	0	349
WABTEC	Common Stock	929740108	1,380,898	25,845	SH		OTR	ALL	25,391	0	454
WADDELL & REED FINANCIAL	Common Stock	930059100	155,406,318	3,572,559	SH		OTR	ALL	2,583,313	0	989,246
WESTERN DIGITAL	Common Stock	958102105	212,088,759	3,415,828	SH		OTR	ALL	2,445,122	0	970,706
WESTERN UNION	Common Stock	959802109	2,628,096	153,600	SH		OTR	ALL	120,350	0	33,250
WHITING PETROLEUM	Common Stock	966387102	4,673,618	101,402	SH		OTR	ALL	60,584	0	40,818
WPP PLCD ADR	ADR	92937A102	426,266	4,992	SH		OTR	ALL	4,992	0	0
YUM! BRANDS INC	Common Stock	988498101	115,173,462	1,991,717	SH		OTR	ALL	1,450,034	0	541,683