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	298,083	12,636	SH		OTR	ALL	12,636	0	0
ACCENTURE PLC CL A	Common Stock	G1151C101	2,157,062	29,292	SH		OTR	ALL	29,028	0	264
ACTAVIS INC COM	Common Stock	00507K103	3,253,968	22,597	SH		OTR	ALL	22,204	0	393
ADR SBERBANK RUSSIA ADR	ADR	80585Y308	248,810	20,587	SH		OTR	ALL	20,587	0	0
AES	Common Stock	00130H105	6,226,497	468,510	SH		OTR	ALL	306,819	0	161,691
AFLAC INC	Common Stock	001055102	239,790,090	3,868,206	SH		OTR	ALL	2,816,490	0	1,051,716
ALLIANCE DATA SYSTEM	Common Stock	018581108	2,177,506	10,297	SH		OTR	ALL	10,119	0	178
ALTRIA GROUP INC	Common Stock	02209S103	164,183,554	4,779,725	SH		OTR	ALL	3,522,969	0	1,256,756
AMAZON.COM INC	Common Stock	023135106	2,415,144	7,725	SH		OTR	ALL	7,591	0	134
AMERICAN CAP AGY CORP COM	Common Stock	02503X105	92,668,568	4,104,011	SH		OTR	ALL	2,700,425	0	1,403,586
AMERICAN EXPRESS	Common Stock	025816109	4,616,613	61,131	SH		OTR	ALL	61,131	0	0
AMERISOURCEBERGEN	Common Stock	03073E105	2,378,439	38,927	SH		OTR	ALL	25,369	0	13,558
ANHEUSER-BUSCH INBEV NV ADR	ADR	03524A108	362,675	3,656	SH		OTR	ALL	3,656	0	0
APACHE CORP	Common Stock	037411105	164,921,969	1,937,068	SH		OTR	ALL	1,406,252	0	530,816
APARTMENT INVST/MGMT	Common Stock	03748R101	134,658,282	4,819,552	SH		OTR	ALL	3,172,283	0	1,647,269
APPLE INC	Common Stock	037833100	206,790,314	433,750	SH		OTR	ALL	312,645	0	121,105
ATWOOD OCEANICS	Common Stock	050095108	6,332,021	115,044	SH		OTR	ALL	82,236	0	32,808
AXA SA ADR	ADR	54536107	261,235	11,304	SH		OTR	ALL	11,304	0	0
BAIDU INC SPON ADR REP A	ADR	B0FXT17	257,288	1,658	SH		OTR	ALL	1,658	0	0
BAXTER INTERNATIONAL	Common Stock	071813109	66,904,937	1,018,495	SH		OTR	ALL	748,786	0	269,709
BG GROUP PLC ADR FIN INST N	Common Stock	055434203	261,750	13,733	SH		OTR	ALL	13,733	0	0
BHP BILLITON PLC ADR	ADR	88606108	265,933	3,999	SH		OTR	ALL	3,999	0	0
BIG LOTS INC	Common Stock	089302103	5,395,927	145,482	SH		OTR	ALL	95,223	0	50,259
BNP PARIBAS ADR	ADR	05565A202	283,832	8,385	SH		OTR	ALL	8,385	0	0
BOEING COM /THE	Common Stock	097023105	6,979,265	59,398	SH		OTR	ALL	59,168	0	230
BRINKER INTERNATIONAL	Common Stock	109641100	2,286,418	56,413	SH		OTR	ALL	55,435	0	978
BRITISH AMERICAN TOBACCO PLC -ADR	ADR	110448107	267,186	2,541	SH		OTR	ALL	2,541	0	0
CADENCE DESIGN SYS INC	Common Stock	127387108	1,953,248	144,578	SH		OTR	ALL	142,059	0	2,519
CAMPBELL SOUP	Common Stock	134429109	146,530,148	3,599,365	SH		OTR	ALL	2,529,882	0	1,069,483
CATAMARAN CORP	Common Stock	148887102	1,744,262	37,960	SH		OTR	ALL	37,299	0	661
CATERPILLAR INC	Common Stock	149123101	89,605,877	1,074,411	SH		OTR	ALL	762,284	0	312,127
CBOE HOLDINGS	Common Stock	12503M108	216,610,675	4,789,093	SH		OTR	ALL	3,457,516	0	1,331,577
CBRE GROUP INC.	Common Stock	12504L109	3,976,255	171,909	SH		OTR	ALL	112,556	0	59,353
CELGENE CORP	Common Stock	151020104	2,093,375	13,581	SH		OTR	ALL	13,344	0	237
CF INDUSTRIES HOLDINGS INC	Common Stock	125269100	145,855,146	691,814	SH		OTR	ALL	493,218	0	198,596
CHEVRON CORP	Common Stock	166764100	144,330,094	1,187,902	SH		OTR	ALL	862,909	0	324,993
CHICAGO BRIDGE & IRON	Common Stock	167250109	1,335,475	19,706	SH		OTR	ALL	19,364	0	342
CHINA MOBILE LIMITED ADR	ADR	16941M109	233,789	4,143	SH		OTR	ALL	4,143	0	0
CIGNA CORP	Common Stock	125509109	3,616,877	47,058	SH		OTR	ALL	30,787	0	16,271
CITIGROUP INC COM NEW	Common Stock	172967424	1,717,011	35,395	SH		OTR	ALL	34,777	0	618
CLIFFS NATURAL RESOURCES INC	Common Stock	18683K101	3,029,264	147,769	SH		OTR	ALL	98,865	0	48,904
CNOOC LIMITED ADR	ADR	126132109	294,628	1,460	SH		OTR	ALL	1,460	0	0
COACH INC	Common Stock	189754104	146,424,773	2,685,215	SH		OTR	ALL	1,917,181	0	768,034
COGNIZANT TECH SOLUTIONS A	Common Stock	192446102	1,470,030	17,901	SH		OTR	ALL	17,589	0	312
COLGATE-PALMOLIVE CO	Common Stock	194162103	195,508,067	3,296,932	SH		OTR	ALL	2,323,649	0	973,283
COMCAST CORP NEW CL A	Common Stock	20030N101	1,759,905	39,005	SH		OTR	ALL	38,326	0	679
COMPUTER SCIENCES	Common Stock	205363104	1,244,191	24,047	SH		OTR	ALL	23,627	0	420
CONTINENTAL RSCS	Common Stock	212015101	159,234,440	1,484,565	SH		OTR	ALL	1,069,212	0	415,353
COPA HOLDINGS SA	Common Stock	P31076105	144,468,624	1,041,816	SH		OTR	ALL	740,463	0	301,353
DBS GROUP HOLDINGS LIMITED ADR	ADR	23304Y100	281,499	5,367	SH		OTR	ALL	5,367	0	0
DEERE & COMPANY	Common Stock	244199105	3,479,992	42,757	SH		OTR	ALL	42,757	0	0
DELL INC	Common Stock	24702R101	1,142,226	83,071	SH		OTR	ALL	83,071	0	0
DELPHI AUTOMOTIVE PLC SHS	Common Stock	G27823106	2,377,285	40,693	SH		OTR	ALL	39,981	0	712
DIAGEO PLC SP ADR	ADR	25243Q205	347,309	2,733	SH		OTR	ALL	2,733	0	0
DISCOVER FINANCIAL SERVICES	Common Stock	254709108	194,294,206	3,844,365	SH		OTR	ALL	2,776,750	0	1,067,615
DOLLAR TREE	Common Stock	256746108	1,510,224	26,421	SH		OTR	ALL	25,965	0	456
DST SYSTEMS INC	Common Stock	233326107	5,049,830	66,965	SH		OTR	ALL	43,866	0	23,099
DUPONT	Common Stock	263534109	1,557,461	26,596	SH		OTR	ALL	26,596	0	0
EASTMAN CHEMICAL	Common Stock	277432100	1,317,289	16,910	SH		OTR	ALL	16,619	0	291
EATON VANCE	Common Stock	278265103	168,494,163	4,339,278	SH		OTR	ALL	3,135,307	0	1,203,971
ELI LILLY & CO	Common Stock	532457108	4,466,233	88,739	SH		OTR	ALL	88,079	0	660
ENDO HEALTH SOLUTIONS INC	Common Stock	29264F205	210,195,579	4,625,783	SH		OTR	ALL	3,295,291	0	1,330,492
ENSCO PLC - CL A	Common Stock	B4VLR19	4,882,811	90,843	SH		OTR	ALL	70,211	0	20,632
ETABLISSEMENTS DELHAIZ SPONSORED ADR	ADR	29759W101	284,022	4,504	SH		OTR	ALL	4,504	0	0
EXXON MOBIL CORP	Common Stock	30231G102	160,132,140	1,861,136	SH		OTR	ALL	1,348,864	0	512,272
FAMILY DOLLAR STORES	Common Stock	307000109	6,271,573	87,081	SH		OTR	ALL	56,995	0	30,086
FEDERATED INVESTORS INC CL B	Common Stock	314211103	160,043,423	5,892,615	SH		OTR	ALL	4,237,093	0	1,655,522
FLEETCOR TECHNOL	Common Stock	339041105	1,944,544	17,652	SH		OTR	ALL	17,345	0	307
FMC TECHNOLOGIES	Common Stock	30249U101	1,151,239	20,773	SH		OTR	ALL	20,410	0	363
FORD MOTOR	Common Stock	345370860	1,842,271	109,204	SH		OTR	ALL	107,294	0	1,910
FRANKLIN RESOURCES	Common Stock	354613101	3,842,406	76,012	SH		OTR	ALL	76,012	0	0
GAP (THE)	Common Stock	364760108	1,316,712	32,689	SH		OTR	ALL	32,125	0	564
GARTNER INC	Common Stock	366651107	2,161,080	36,018	SH		OTR	ALL	35,394	0	624
GAZPROM ADR - LONDON EXCHANGE	ADR	368287207	286,862	32,561	SH		OTR	ALL	32,561	0	0
GLAXOSMITHKLINE PLC SPONSORED ADR	ADR	37733W105	249,946	4,982	SH		OTR	ALL	4,982	0	0
GRACO INC	Common Stock	384109104	7,079,025	95,585	SH		OTR	ALL	62,573	0	33,012
GUESS? INC	Common Stock	401617105	4,130,254	138,367	SH		OTR	ALL	90,563	0	47,804
HANESBRANDS	Common Stock	410345102	1,398,049	22,437	SH		OTR	ALL	22,050	0	387
HARMONY GOLD MNG LTD SPONSORED ADR	ADR	413216300	54,374	16,087	SH		OTR	ALL	16,087	0	0
HERBALIFE LIMITED	Common Stock	G4412G101	11,295,344	161,894	SH		OTR	ALL	116,010	0	45,884
HERSHEY CO (THE)	Common Stock	427866108	3,659,855	39,566	SH		OTR	ALL	39,187	0	379
HEWLETT-PACKARD	Common Stock	428236103	2,334,591	111,224	SH		OTR	ALL	111,224	0	0
HOLLYFRONTIER CORP COM	Common Stock	436106108	159,566,623	3,789,281	SH		OTR	ALL	2,704,195	0	1,085,086
HUMANA	Common Stock	444859102	2,243,186	24,035	SH		OTR	ALL	15,666	0	8,369
HUNT (J.B.)TRANSPORT SERVICES	Common Stock	445658107	1,420,384	19,476	SH		OTR	ALL	19,137	0	339
HUNTSMAN	Common Stock	447011107	4,804,520	233,116	SH		OTR	ALL	152,585	0	80,531
HUTCHISON WHAMPOA ADR	ADR	448415208	388,674	16,324	SH		OTR	ALL	16,324	0	0
IAC/INTERACTIVE	Common Stock	44919P508	2,282,089	41,743	SH		OTR	ALL	41,016	0	727
IMPERIAL TOBACCO GROUP PLC ADR	ADR	453142101	235,426	3,175	SH		OTR	ALL	3,175	0	0
IND & COMM BANK of UNSPON ADR	ADR	455807107	165,828	11,913	SH		OTR	ALL	11,913	0	0
INTEL CORPORATION	Common Stock	458140100	815,654	35,587	SH		OTR	ALL	35,587	0	0
INTERNATIONAL BUSINESS MACHINES CORP	Common Stock	459200101	134,792,706	727,901	SH		OTR	ALL	526,733	0	201,168
ITAU UNIBANCO HOLDINGS SA SPON ADR REP PFD	ADR	465562106	256,023	18,132	SH		OTR	ALL	18,132	0	0
JABIL CIRCUIT	Common Stock	466313103	4,622,024	213,193	SH		OTR	ALL	139,584	0	73,609
JOY GLOBAL INC	Common Stock	481165108	181,772,529	3,561,374	SH		OTR	ALL	2,546,698	0	1,014,676
KELLOGG CO	Common Stock	487836108	1,973,680	33,606	SH		OTR	ALL	33,606	0	0
KEPPEL CORP LIMITED ADR	ADR	492051305	291,816	17,495	SH		OTR	ALL	17,495	0	0
KONINKLIJKE AHOLD - SP ADR	ADR	500467402	300,360	17,382	SH		OTR	ALL	17,382	0	0
KROGER	Common Stock	501044101	2,742,192	67,977	SH		OTR	ALL	66,791	0	1,186
LANDSTAR SYSTEM INC	Common Stock	515098101	84,624,686	1,511,695	SH		OTR	ALL	1,075,340	0	436,355
LEXMARK INTERNATIONAL	Common Stock	529771107	5,123,976	155,272	SH		OTR	ALL	101,646	0	53,626
LOCKHEED MARTIN	Common Stock	539830109	193,837,735	1,519,700	SH		OTR	ALL	1,131,410	0	388,290
LUKOIL OAO ADR	ADR	677862104	2,787,360	43,854	SH		OTR	ALL	23,641	0	20,213
LVMH ADR	ADR	502441306	282,125	7,166	SH		OTR	ALL	7,166	0	0
LYONDELLBASELL INDUSTRIES SHS - A -	Common Stock	N53745100	89,226,434	1,218,441	SH		OTR	ALL	882,672	0	335,769
MARATHON PETR CORP COM	Common Stock	56585A102	178,536,175	2,775,749	SH		OTR	ALL	2,005,655	0	770,094
MARKS & SPENCER GROUP SP ADR	ADR	570912105	342,540	21,297	SH		OTR	ALL	21,297	0	0
MASTERCARD INC CL A	Common Stock	57636Q104	83,509,491	124,126	SH		OTR	ALL	90,402	0	33,724
MATTEL	Common Stock	577081102	384,542	9,182	SH		OTR	ALL	9,182	0	0
MCDONALD'S	Common Stock	580135101	1,056,963	10,986	SH		OTR	ALL	10,986	0	0
MCGRAW HILL FINL INC COM	Common Stock	580645109	159,932,754	2,438,371	SH		OTR	ALL	1,769,659	0	668,712
METLIFE	Common Stock	59156R108	3,221,849	68,623	SH		OTR	ALL	68,623	0	0
MICHAEL KORS HOLDINGS LIMITED	Common Stock	G60754101	2,333,519	31,314	SH		OTR	ALL	30,770	0	544
MICROCHIP TECH	Common Stock	595017104	1,903,420	47,243	SH		OTR	ALL	46,422	0	821
MICROSOFT CORP	Common Stock	594918104	172,086,222	5,170,860	SH		OTR	ALL	3,755,957	0	1,414,903
MITSUBISHI UFJ FINANCIAL GROUP - ADR	ADR	606822104	223,394	34,851	SH		OTR	ALL	34,851	0	0
MURPHY OIL CORP	Common Stock	626717102	74,896,629	1,241,655	SH		OTR	ALL	884,714	0	356,941
MURPHY USA INC COM	Common Stock	626755102	609,323	15,086	SH		OTR	ALL	9,878	0	5,208
MYLAN	Common Stock	628530107	169,362,390	4,437,055	SH		OTR	ALL	3,165,837	0	1,271,218
NATIONSTAR MORTGAGE HLDGS COM	Common Stock	63861C109	3,159,282	56,185	SH		OTR	ALL	37,271	0	18,914
NESTLE SA - SP ADR	ADR	641069406	263,923	3,792	SH		OTR	ALL	3,792	0	0
NETEASE INC SPONSORED ADR	ADR	64110W102	13,289,938	183,057	SH		OTR	ALL	129,891	0	53,166
NEWMARKET CORP COM	Common Stock	651587107	144,305,674	501,218	SH		OTR	ALL	357,917	0	143,301
NIPPON TELEGRAPH & TELEPHONE CORP ADR	ADR	654624105	315,430	12,104	SH		OTR	ALL	12,104	0	0
NOBLE ENERGY	Common Stock	655044105	1,318,555	19,677	SH		OTR	ALL	19,336	0	341
NORDSTROM	Common Stock	655664100	1,060,156	18,864	SH		OTR	ALL	18,864	0	0
NU SKIN ENTERPRISES CL A	Common Stock	67018T105	4,369,477	45,639	SH		OTR	ALL	36,074	0	9,565
OASIS PETROLEUM INC	Common Stock	674215108	1,411,897	28,738	SH		OTR	ALL	28,240	0	498
OCEANEERING INTERNATIONAL	Common Stock	675232102	1,391,072	17,123	SH		OTR	ALL	16,826	0	297
ORACLE CORP	Common Stock	68389X105	3,253,147	98,075	SH		OTR	ALL	98,075	0	0
ORIX - SP ADR	ADR	686330101	425,709	5,203	SH		OTR	ALL	5,203	0	0
PATTERSON UTI ENERGY	Common Stock	703481101	161,099,540	7,535,058	SH		OTR	ALL	5,387,733	0	2,147,325
PERFECT WORLD CO - SP ADR	ADR	71372U104	317,206	15,940	SH		OTR	ALL	15,940	0	0
PHILIP MORRIS INTL	Common Stock	718172109	157,415,163	1,817,937	SH		OTR	ALL	1,355,393	0	462,544
PHILLIPS 66 COM	Common Stock	718546104	4,214,152	72,884	SH		OTR	ALL	72,884	0	0
POLARIS INDUSTRIES INC COM	Common Stock	731068102	2,420,445	18,737	SH		OTR	ALL	18,411	0	326
PPG INDUSTRIES	Common Stock	693506107	433,854	2,597	SH		OTR	ALL	2,597	0	0
PPL CORP	Common Stock	69351T106	2,175,511	71,610	SH		OTR	ALL	46,967	0	24,643
PRICELINE.COM INC	Common Stock	741503403	2,607,240	2,579	SH		OTR	ALL	2,534	0	45
QUALCOMM	Common Stock	747525103	1,102,297	16,374	SH		OTR	ALL	16,089	0	285
RIO TINTO PLC SP ADR	ADR	767204100	270,422	5,546	SH		OTR	ALL	5,546	0	0
ROCKWELL AUTOMATION	Common Stock	773903109	1,366,586	12,779	SH		OTR	ALL	12,555	0	224
ROCKWELL COLLINS INC	Common Stock	774341101	73,251,341	1,079,448	SH		OTR	ALL	768,764	0	310,684
ROSS STORES	Common Stock	778296103	4,889,757	67,167	SH		OTR	ALL	43,974	0	23,193
RPC INC COM	Common Stock	749660106	176,204,042	11,390,048	SH		OTR	ALL	8,125,578	0	3,264,470
SALIX PHARMACEUTICALS COM	Common Stock	795435106	1,503,662	22,483	SH		OTR	ALL	22,094	0	389
SANDISK CORP	Common Stock	80004C101	1,290,831	21,691	SH		OTR	ALL	21,312	0	379
SAP AG ADR	ADR	803054204	242,975	3,287	SH		OTR	ALL	3,287	0	0
SBERBANK OF RUSSIA SPON ADR EA REPR4 - Lon	ADR	80585Y308	7,866,946	653,944	SH		OTR	ALL	425,986	0	227,958
SEVEN & I HOLDINGS CO LIMITED ADR	ADR	81783H105	305,140	4,176	SH		OTR	ALL	4,176	0	0
SHERWIN-WILLIAMS	Common Stock	824348106	1,644,903	9,029	SH		OTR	ALL	8,873	0	156
SIMON PROPERTY GROUP	Common Stock	828806109	1,839,534	12,410	SH		OTR	ALL	12,410	0	0
SLM CORP	Common Stock	78442P106	96,642,976	3,881,244	SH		OTR	ALL	2,797,308	0	1,083,936
SOUTHERN COPPER CORP DELCOM	Common Stock	84265V105	30,258,328	1,110,805	SH		OTR	ALL	797,267	0	313,538
STATE STREET	Common Stock	857477103	1,841,460	28,007	SH		OTR	ALL	27,518	0	489
SUMITOMO MITSUI FINANCIAL SP ADR	ADR	86562M209	413,758	42,524	SH		OTR	ALL	42,524	0	0
SYMANTEC	Common Stock	871503108	5,379,437	217,351	SH		OTR	ALL	142,264	0	75,087
SYNGENTA AG SP ADR	ADR	87160A100	357,150	4,393	SH		OTR	ALL	4,393	0	0
TERNIUM SA - SP ADR	ADR	880890108	200,687	8,355	SH		OTR	ALL	8,355	0	0
THE DIRECTV GROUP	Common Stock	25490A309	2,172,046	36,334	SH		OTR	ALL	35,702	0	632
TJX COMPANIES INC	Common Stock	872540109	240,876,483	4,271,617	SH		OTR	ALL	3,081,735	0	1,189,882
TORO	Common Stock	891092108	4,847,856	89,197	SH		OTR	ALL	58,387	0	30,810
TOTAL SA SPON ADR	ADR	89151E109	213,666	3,689	SH		OTR	ALL	3,689	0	0
TOTAL SYSTEM SERVICES	Common Stock	891906109	1,902,444	64,665	SH		OTR	ALL	63,534	0	1,131
TOYOTA MOTOR CORP SP ADR Rep2com	ADR	892331307	515,192	4,024	SH		OTR	ALL	4,024	0	0
U.S. BANCORP	Common Stock	902973304	2,417,499	66,088	SH		OTR	ALL	66,088	0	0
ULTRA PETROLEUM	Common Stock	903914109	216,895,942	10,544,285	SH		OTR	ALL	7,548,126	0	2,996,159
UNITED PARCEL SERVICES CL B	Common Stock	911312106	153,117,755	1,675,799	SH		OTR	ALL	1,195,716	0	480,083
UNITED THERAPEUTICS	Common Stock	91307C102	87,834,484	1,113,944	SH		OTR	ALL	795,373	0	318,571
VALE S A ADR	ADR	91912E105	4,034,342	258,446	SH		OTR	ALL	137,800	0	120,646
VALERO ENERGY CORP	Common Stock	91913Y100	4,208,850	123,246	SH		OTR	ALL	123,246	0	0
VODAFONE GROUP PLC ADR	ADR	92857W209	384,728	10,936	SH		OTR	ALL	10,936	0	0
VOLKSWAGEN AG SPONSORED ADR	ADR	928662303	248,000	5,464	SH		OTR	ALL	5,464	0	0
WABCO HOLDING	Common Stock	92927K102	1,694,805	20,114	SH		OTR	ALL	19,765	0	349
WADDELL & REED FINANCIAL	Common Stock	930059100	196,351,618	3,814,134	SH		OTR	ALL	2,756,001	0	1,058,133
WESTERN DIGITAL	Common Stock	958102105	233,218,357	3,678,523	SH		OTR	ALL	2,633,351	0	1,045,172
WESTERN UNION	Common Stock	959802109	160,345,826	8,593,024	SH		OTR	ALL	6,188,783	0	2,404,241
WHITING PETROLEUM	Common Stock	966387102	5,289,722	88,383	SH		OTR	ALL	57,826	0	30,557
WPP PLCD ADR	ADR	92937A102	464,362	4,511	SH		OTR	ALL	4,511	0	0
YUM! BRANDS INC	Common Stock	988498101	151,138,628	2,117,084	SH		OTR	ALL	1,523,925	0	593,159