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
Estimated average burden
hours per response:		23.8

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	202,921	8,815	SH		OTR	ALL	8,815	0	0
ABBVIE INC. COM	Common Stock	00287Y109	1,630,608	28,891	SH		OTR	ALL	28,891	0	0
ACCENTURE PLC CL A	Common Stock	G1151C101	76,193,318	942,520	SH		OTR	ALL	816,959	0	125,561
ACTAVIS INC COM	Common Stock	00507K103	2,922,847	13,104	SH		OTR	ALL	13,104	0	0
ADR SBERBANK RUSSIA ADR	ADR	80585Y308	131,974	13,296	SH		OTR	ALL	13,296	0	0
AES	Common Stock	00130H105	82,592,067	5,311,387	SH		OTR	ALL	4,556,694	0	754,693
AFLAC INC	Common Stock	001055102	210,775,886	3,385,958	SH		OTR	ALL	2,950,015	0	435,943
ALLIANCE DATA SYSTEM	Common Stock	018581108	2,089,406	7,429	SH		OTR	ALL	7,429	0	0
ALTRIA GROUP INC	Common Stock	02209S103	174,343,406	4,156,972	SH		OTR	ALL	3,723,741	0	433,231
AMAZON.COM INC	Common Stock	023135106	1,013,638	3,121	SH		OTR	ALL	3,121	0	0
AMERICAN CAP AGY CORP COM	Common Stock	02503X105	93,022,983	3,973,643	SH		OTR	ALL	3,355,444	0	618,199
AMERICAN EXPRESS	Common Stock	025816109	1,582,241	16,678	SH		OTR	ALL	16,678	0	0
AMERISOURCEBERGEN	Common Stock	03073E105	90,532,471	1,245,974	SH		OTR	ALL	1,076,810	0	169,164
AMGEN	Common Stock	31162100	923,877	7,805	SH		OTR	ALL	7,805	0	0
ANHEUSER-BUSCH INBEV NV ADR	ADR	03524A108	291,947	2,540	SH		OTR	ALL	2,540	0	0
APACHE CORP	Common Stock	037411105	169,627,912	1,685,827	SH		OTR	ALL	1,464,992	0	220,835
APARTMENT INVST/MGMT	Common Stock	03748R101	148,247,153	4,593,962	SH		OTR	ALL	3,892,812	0	701,150
APPLE INC	Common Stock	037833100	249,622,432	2,686,134	SH		OTR	ALL	2,332,981	0	353,153
ATWOOD OCEANICS	Common Stock	050095108	4,952,800	94,375	SH		OTR	ALL	74,401	0	19,974
AXA SA ADR	ADR	54536107	271,069	11,304	SH		OTR	ALL	11,304	0	0
BAIDU INC SPON ADR REP A	ADR	056752108	8,232,343	44,068	SH		OTR	ALL	37,232	0	6,836
BAXTER INTERNATIONAL	Common Stock	071813109	138,976,651	1,922,222	SH		OTR	ALL	1,677,936	0	244,286
BG GROUP PLC ADR FIN INST N	ADR	55434203	205,280	9,615	SH		OTR	ALL	9,615	0	0
BHP BILLITON PLC ADR	ADR	88606108	202,064	2,952	SH		OTR	ALL	2,952	0	0
BOEING COM /THE	Common Stock	097023105	2,818,653	22,154	SH		OTR	ALL	22,154	0	0
BRINKER INTERNATIONAL	Common Stock	109641100	1,964,924	40,389	SH		OTR	ALL	40,389	0	0
BRITISH AMERICAN TOBACCO PLC -ADR	ADR	110448107	210,176	1,765	SH		OTR	ALL	1,765	0	0
CAMPBELL SOUP	Common Stock	134429109	143,949,724	3,142,321	SH		OTR	ALL	2,668,274	0	474,047
CATERPILLAR INC	Common Stock	149123101	22,271,155	204,943	SH		OTR	ALL	180,182	0	24,761
CBL & ASSOC PROP	Common Stock	124830100	3,503,087	184,373	SH		OTR	ALL	135,700	0	48,673
CBOE HOLDINGS	Common Stock	12503M108	208,022,234	4,227,235	SH		OTR	ALL	3,666,424	0	560,811
CBRE GROUP INC.	Common Stock	12504L109	4,397,201	137,241	SH		OTR	ALL	100,955	0	36,286
CELANESE CORP SERIES A	Common Stock	150870103	2,087,493	32,475	SH		OTR	ALL	23,887	0	8,588
CELGENE CORP	Common Stock	151020104	1,672,427	19,474	SH		OTR	ALL	19,474	0	0
CF INDUSTRIES HOLDINGS INC	Common Stock	125269100	147,869,906	614,767	SH		OTR	ALL	530,280	0	84,487
CHEVRON CORP	Common Stock	166764100	216,890,416	1,661,359	SH		OTR	ALL	1,442,235	0	219,124
CHICAGO BRIDGE & IRON	Common Stock	167250109	1,664,352	24,404	SH		OTR	ALL	24,404	0	0
CIGNA CORP	Common Stock	125509109	5,827,127	63,359	SH		OTR	ALL	46,647	0	16,712
COACH INC	Common Stock	189754104	86,988,112	2,544,256	SH		OTR	ALL	2,207,468	0	336,788
COGNIZANT TECH SOLUTIONS A	Common Stock	192446102	1,253,661	25,632	SH		OTR	ALL	25,632	0	0
COLGATE-PALMOLIVE CO	Common Stock	194162103	200,219,978	2,936,638	SH		OTR	ALL	2,509,881	0	426,757
COMCAST CORP NEW CL A	Common Stock	20030N101	1,496,920	27,886	SH		OTR	ALL	27,886	0	0
COMPUTER SCIENCES	Common Stock	205363104	1,088,620	17,225	SH		OTR	ALL	17,225	0	0
CONOCOPHILLIPS	Common Stock	20825C104	178,687,554	2,084,306	SH		OTR	ALL	1,810,696	0	273,610
CONTINENTAL RSCS	Common Stock	212015101	204,518,300	1,294,092	SH		OTR	ALL	1,121,462	0	172,630
COPA HOLDINGS SA	Common Stock	P31076105	89,163,278	625,400	SH		OTR	ALL	533,094	0	92,306
DBS GROUP HOLDINGS LIMITED ADR	ADR	23304Y100	201,934	3,743	SH		OTR	ALL	3,743	0	0
DEERE & COMPANY	Common Stock	244199105	681,479	7,526	SH		OTR	ALL	7,526	0	0
DELPHI AUTOMOTIVE PLC SHS	Common Stock	G27823106	2,004,045	29,154	SH		OTR	ALL	29,154	0	0
DIAGEO PLC SP ADR	ADR	25243Q205	242,194	1,903	SH		OTR	ALL	1,903	0	0
DISCOVER FINANCIAL SERVICES	Common Stock	254709108	210,764,972	3,400,532	SH		OTR	ALL	2,958,507	0	442,025
DOLLAR TREE	Common Stock	256746108	1,032,833	18,965	SH		OTR	ALL	18,965	0	0
DST SYSTEMS INC	Common Stock	233326107	4,947,593	53,679	SH		OTR	ALL	39,433	0	14,246
DUPONT	Common Stock	263534109	1,157,699	17,691	SH		OTR	ALL	17,691	0	0
EATON VANCE	Common Stock	278265103	146,433,831	3,874,936	SH		OTR	ALL	3,367,994	0	506,942
ENDO INTERNATIONAL PLC	Common Stock	G30401106	84,345,461	1,204,591	SH		OTR	ALL	1,042,594	0	161,997
ENSCO PLC - CL A	Common Stock	B4VLR19	4,286,836	77,143	SH		OTR	ALL	67,670	0	9,473
ETABLISSEMENTS DELHAIZ SPONSORED ADR	ADR	29759W101	211,626	12,552	SH		OTR	ALL	12,552	0	0
EVEREST RE GROUP	Common Stock	G3223R108	3,182,356	19,829	SH		OTR	ALL	15,163	0	4,666
EXXON MOBIL CORP	Common Stock	30231G102	162,127,421	1,610,324	SH		OTR	ALL	1,397,845	0	212,479
FAMILY DOLLAR STORES	Common Stock	307000109	4,601,293	69,569	SH		OTR	ALL	51,132	0	18,437
FEDERATED INVESTORS INC CL B	Common Stock	314211103	5,331,659	172,434	SH		OTR	ALL	126,957	0	45,477
FLEETCOR TECHNOL	Common Stock	339041105	1,669,774	12,669	SH		OTR	ALL	12,669	0	0
FMC	Common Stock	302491303	419,665	5,895	SH		OTR	ALL	5,895	0	0
GAP (THE)	Common Stock	364760108	975,814	23,474	SH		OTR	ALL	23,474	0	0
GARTNER INC	Common Stock	366651107	1,808,626	25,647	SH		OTR	ALL	25,647	0	0
GAZPROM O A O SP ADR	ADR	368287207	161,434	18,531	SH		OTR	ALL	18,531	0	0
GILEAD SCIENCES	Common Stock	375558103	84,073,724	1,014,036	SH		OTR	ALL	882,813	0	131,223
GRACO INC	Common Stock	384109104	5,975,540	76,531	SH		OTR	ALL	56,225	0	20,306
HANESBRANDS	Common Stock	410345102	1,587,935	16,131	SH		OTR	ALL	16,131	0	0
HARMONY GOLD MNG LTD SPONSORED ADR	ADR	413216300	32,168	10,831	SH		OTR	ALL	10,831	0	0
HARRIS CORP	Common Stock	413875105	4,563,407	60,243	SH		OTR	ALL	44,327	0	15,916
HERBALIFE LIMITED	Common Stock	G4412G101	4,806,810	74,478	SH		OTR	ALL	54,835	0	19,643
HERSHEY CO (THE)	Common Stock	427866108	3,267,250	33,555	SH		OTR	ALL	33,555	0	0
HEWLETT-PACKARD	Common Stock	428236103	1,588,449	47,163	SH		OTR	ALL	47,163	0	0
HOLLYFRONTIER CORP COM	Common Stock	436106108	3,705,261	84,808	SH		OTR	ALL	62,367	0	22,441
HUNT (J.B.)TRANSPORT SERVICES	Common Stock	445658107	1,033,952	14,014	SH		OTR	ALL	14,014	0	0
HUNTSMAN	Common Stock	447011107	5,224,464	185,924	SH		OTR	ALL	136,786	0	49,138
HUTCHISON WHAMPOA ADR	ADR	448415208	371,160	13,546	SH		OTR	ALL	13,546	0	0
IMPERIAL TOBACCO GROUP PLC ADR	ADR	453142101	199,534	2,207	SH		OTR	ALL	2,207	0	0
INTEL CORPORATION	Common Stock	458140100	1,638,936	53,040	SH		OTR	ALL	53,040	0	0
INTERNATIONAL BUSINESS MACHINES CORP	Common Stock	459200101	171,536,345	946,303	SH		OTR	ALL	820,796	0	125,507
ITAU UNIBANCO HOLDINGS SA SPON ADR REP PFD	ADR	465562106	197,077	13,705	SH		OTR	ALL	13,705	0	0
JABIL CIRCUIT	Common Stock	466313103	2,356,391	112,746	SH		OTR	ALL	82,918	0	29,828
JOY GLOBAL INC	Common Stock	481165108	195,771,748	3,179,145	SH		OTR	ALL	2,750,659	0	428,486
KELLOGG CO	Common Stock	487836108	35,777,460	544,558	SH		OTR	ALL	428,755	0	115,803
KEPPEL CORP LIMITED ADR	ADR	492051305	212,909	12,314	SH		OTR	ALL	12,314	0	0
KOMATSU LIMITED - SP ADR	ADR	500458401	109,482	4,713	SH		OTR	ALL	4,713	0	0
KONINKLIJKE AHOLD N V SPONSORED ADR NE	ADR	500467402	226,712	12,072	SH		OTR	ALL	12,072	0	0
KRAFT FOODS GROUP INC	Common Stock	50076Q106	1,906,589	31,803	SH		OTR	ALL	31,803	0	0
KROGER	Common Stock	501044101	2,427,952	49,119	SH		OTR	ALL	49,119	0	0
LAM RESEARCH CORP	Common Stock	512807108	1,284,087	19,001	SH		OTR	ALL	19,001	0	0
LANDSTAR SYSTEM INC	Common Stock	515098101	3,745,856	58,529	SH		OTR	ALL	43,487	0	15,042
LAZARD LIMITED	Common Stock	G54050102	1,017,278	19,730	SH		OTR	ALL	19,730	0	0
LEXMARK INTERNATIONAL	Common Stock	529771107	5,967,601	123,912	SH		OTR	ALL	91,154	0	32,758
LOCKHEED MARTIN	Common Stock	539830109	210,847,543	1,311,812	SH		OTR	ALL	1,141,425	0	170,387
LUKOIL OAO ADR	ADR	677862104	2,479,778	41,454	SH		OTR	ALL	27,884	0	13,570
LYONDELLBASELL INDUSTRIES SHS - A -	Common Stock	N53745100	186,575,070	1,910,651	SH		OTR	ALL	1,660,511	0	250,140
MARATHON PETR CORP COM	Common Stock	56585A102	189,086,164	2,422,008	SH		OTR	ALL	2,101,406	0	320,602
MARKS & SPENCER GROUP SP ADR	ADR	570912105	215,693	14,834	SH		OTR	ALL	14,834	0	0
MASTERCARD INC CL A	Common Stock	57636Q104	3,179,193	43,272	SH		OTR	ALL	43,272	0	0
MATTEL	Common Stock	577081102	604,892	15,522	SH		OTR	ALL	15,522	0	0
MCDONALD'S	Common Stock	580135101	1,332,689	13,229	SH		OTR	ALL	13,229	0	0
MCGRAW HILL FINL INC COM	Common Stock	580645109	175,697,209	2,116,069	SH		OTR	ALL	1,833,807	0	282,262
MICHAEL KORS HOLDINGS LIMITED	Common Stock	G60754101	1,993,029	22,482	SH		OTR	ALL	22,482	0	0
MICROCHIP TECH	Common Stock	595017104	1,655,147	33,910	SH		OTR	ALL	33,910	0	0
MICROSOFT CORP	Common Stock	594918104	189,182,475	4,536,750	SH		OTR	ALL	3,947,285	0	589,465
MITSUBISHI UFJ FINANCIAL GROUP - ADR	ADR	606822104	214,333	34,851	SH		OTR	ALL	34,851	0	0
MOODY'S	Common Stock	615369105	86,255,774	983,981	SH		OTR	ALL	855,592	0	128,389
MURPHY OIL CORP	Common Stock	626717102	3,066,323	46,124	SH		OTR	ALL	33,937	0	12,187
MURPHY USA INC COM	Common Stock	626755102	6,442,186	131,769	SH		OTR	ALL	97,009	0	34,760
MYLAN	Common Stock	628530107	207,374,989	4,022,013	SH		OTR	ALL	3,476,631	0	545,382
NATIONSTAR MORTGAGE HLDGS COM	Common Stock	63861C109	98,451,081	2,712,151	SH		OTR	ALL	2,350,151	0	362,000
NESTLE SA - SP ADR	ADR	641069406	221,514	2,852	SH		OTR	ALL	2,852	0	0
NETEASE INC SPONSORED ADR	ADR	64110W102	9,145,082	116,706	SH		OTR	ALL	104,439	0	12,267
NEWMARKET CORP COM	Common Stock	651587107	174,410,528	444,800	SH		OTR	ALL	384,149	0	60,651
NIPPON TELEGRAPH & TELEPHONE CORP ADR	ADR	651587107	275,428	8,825	SH		OTR	ALL	8,825	0	0
NOBLE CORPORATION BAAR NAMEN - AKT	Common Stock	H5833N103	1,908,255	56,861	SH		OTR	ALL	56,861	0	0
NORDSTROM	Common Stock	655664100	1,525,911	22,463	SH		OTR	ALL	22,463	0	0
NU SKIN ENTERPRISES CL A	Common Stock	67018T105	3,458,369	46,760	SH		OTR	ALL	34,981	0	11,779
OASIS PETROLEUM INC	Common Stock	674215108	180,232,450	3,224,771	SH		OTR	ALL	2,794,618	0	430,153
OCEANEERING INTERNATIONAL	Common Stock	675232102	969,437	12,408	SH		OTR	ALL	12,408	0	0
OCWEN FINANCIAL CORP COM NEW	Common Stock	675746309	2,070,884	55,819	SH		OTR	ALL	41,044	0	14,775
ORACLE CORP	Common Stock	68389X105	1,394,718	34,412	SH		OTR	ALL	34,412	0	0
ORIX - SP ADR	ADR	686330101	300,189	3,615	SH		OTR	ALL	3,615	0	0
PBF ENERGY INC	Common Stock	69318G106	66,646,985	2,500,825	SH		OTR	ALL	2,168,918	0	331,907
PERFECT WORLD CO - SP ADR	ADR	71372U104	217,500	11,080	SH		OTR	ALL	11,080	0	0
PHILIP MORRIS INTL	Common Stock	718172109	132,026,171	1,565,961	SH		OTR	ALL	1,406,543	0	159,418
PHILLIPS 66 COM	Common Stock	718546104	1,854,715	23,060	SH		OTR	ALL	23,060	0	0
PKG CORP Of AMERICA	Common Stock	695156109	1,146,985	16,044	SH		OTR	ALL	16,044	0	0
POLARIS INDUSTRIES INC COM	Common Stock	731068102	6,587,669	50,581	SH		OTR	ALL	40,792	0	9,789
PRICELINE.COM INC	Common Stock	741503403	2,259,234	1,878	SH		OTR	ALL	1,878	0	0
QUALCOMM	Common Stock	747525103	930,362	11,747	SH		OTR	ALL	11,747	0	0
RENAISSANCERE HOLDINGS	Common Stock	G7496G103	2,081,899	19,457	SH		OTR	ALL	14,325	0	5,132
RIO TINTO PLC SP ADR	ADR	767204100	223,959	4,126	SH		OTR	ALL	4,126	0	0
ROCKWELL AUTOMATION	Common Stock	773903109	5,246,456	41,918	SH		OTR	ALL	33,268	0	8,650
ROCKWELL COLLINS INC	Common Stock	774341101	146,632,522	1,876,536	SH		OTR	ALL	1,628,019	0	248,517
ROSS STORES	Common Stock	778296103	133,712,943	2,021,971	SH		OTR	ALL	1,742,080	0	279,891
RPC INC COM	Common Stock	749660106	4,515,083	192,213	SH		OTR	ALL	155,927	0	36,286
SALIX PHARMACEUTICALS COM	Common Stock	795435106	1,989,635	16,130	SH		OTR	ALL	16,130	0	0
SEVEN & I HOLDINGS CO LIMITED ADR	ADR	81783H105	264,974	3,141	SH		OTR	ALL	3,141	0	0
SHERWIN-WILLIAMS	Common Stock	824348106	1,339,121	6,472	SH		OTR	ALL	6,472	0	0
SIMON PROPERTY GROUP	Common Stock	828806109	565,352	3,400	SH		OTR	ALL	3,400	0	0
SM ENERGY	Common Stock	78454L100	139,649,900	1,660,522	SH		OTR	ALL	1,441,860	0	218,662
SOUTHERN COPPER CORP DELCOM	Common Stock	84265V105	29,626,450	975,517	SH		OTR	ALL	844,744	0	130,773
SOUTHWESTERN ENERGY	Common Stock	845467109	75,285,313	1,654,986	SH		OTR	ALL	1,435,403	0	219,583
STARBUCKS	Common Stock	855244109	932,893	12,056	SH		OTR	ALL	12,056	0	0
SUMITOMO MITSUI FINANCIAL SP ADR	ADR	86562M209	250,034	29,520	SH		OTR	ALL	29,520	0	0
SYMANTEC	Common Stock	871503108	4,739,773	206,977	SH		OTR	ALL	152,375	0	54,602
SYNGENTA AG SP ADR	ADR	87160A100	238,537	3,189	SH		OTR	ALL	3,189	0	0
TJX COMPANIES INC	Common Stock	872540109	200,031,673	3,763,531	SH		OTR	ALL	3,268,094	0	495,437
TORO	Common Stock	891092108	4,521,451	71,092	SH		OTR	ALL	52,312	0	18,780
TOYOTA MOTOR CORP SP ADR Rep2com	ADR	892331307	334,928	2,799	SH		OTR	ALL	2,799	0	0
TWO HBRS INVT CORP COM	Common Stock	90187B101	3,836,780	366,105	SH		OTR	ALL	269,408	0	96,697
UNITED PARCEL SERVICES CL B	Common Stock	911312106	151,633,337	1,477,044	SH		OTR	ALL	1,278,484	0	198,560
UNITED RENTALS INC COM	Common Stock	911363109	2,140,157	20,435	SH		OTR	ALL	20,435	0	0
UNITED THERAPEUTICS	Common Stock	91307C102	102,898,119	1,162,822	SH		OTR	ALL	1,007,868	0	154,954
VALE S A ADR	ADR	91912E105	3,492,667	263,996	SH		OTR	ALL	189,917	0	74,079
VERIZON COMM	Common Stock	92343V104	82,625,349	1,688,644	SH		OTR	ALL	1,473,544	0	215,100
WABCO HOLDING	Common Stock	92927K102	2,110,870	19,761	SH		OTR	ALL	19,761	0	0
WADDELL & REED FINANCIAL	Common Stock	930059100	207,707,669	3,318,544	SH		OTR	ALL	2,879,353	0	439,191
WESTERN DIGITAL	Common Stock	958102105	220,655,057	2,390,629	SH		OTR	ALL	2,066,339	0	324,290
WESTERN UNION	Common Stock	959802109	168,669,076	9,727,167	SH		OTR	ALL	8,456,986	0	1,270,181
WHITING PETROLEUM	Common Stock	966387102	5,656,581	70,487	SH		OTR	ALL	51,839	0	18,648
WPP PLCD ADR	ADR	92937A102	341,138	3,130	SH		OTR	ALL	3,130	0	0
YUM! BRANDS INC	Common Stock	988498101	152,160,922	1,873,903	SH		OTR	ALL	1,632,580	0	241,323