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
ABBVIE INC. COM	Common Stock	00287Y109	2,592,962	44,892	SH		OTR	ALL	44,892	0	0
ACCENTURE PLC CL A	Common Stock	G1151C101	1,238,992	15,236	SH		OTR	ALL	15,236	0	0
ACTAVIS INC COM	Common Stock	00507K103	1,795,123	7,440	SH		OTR	ALL	7,440	0	0
ADR SBERBANK RUSSIA ADR	ADR	80585Y308	101,542	13,296	SH		OTR	ALL	13,296	0	0
AES	Common Stock	00130H105	72,252,923	5,101,873	SH		OTR	ALL	4,410,599	0	691,274
AFLAC INC	Common Stock	001055102	189,935,266	3,245,662	SH		OTR	ALL	2,830,583	0	415,079
ALLIANCE DATA SYSTEM	Common Stock	018581108	1,672,098	6,735	SH		OTR	ALL	6,735	0	0
ALTRIA GROUP INC	Common Stock	02209S103	186,643,007	4,024,464	SH		OTR	ALL	3,604,665	0	419,799
AMERICAN CAP AGY CORP COM	Common Stock	02503X105	4,180,609	196,648	SH		OTR	ALL	151,548	0	45,100
AMERICAN EXPRESS	Common Stock	025816109	1,036,649	11,842	SH		OTR	ALL	11,842	0	0
AMERISOURCEBERGEN	Common Stock	03073E105	157,398,566	2,014,965	SH		OTR	ALL	1,732,782	0	282,183
AMGEN	Common Stock	031162100	663,533	4,724	SH		OTR	ALL	4,724	0	0
ANHEUSER-BUSCH INBEV NV ADR	ADR	03524A108	281,559	2,540	SH		OTR	ALL	2,540	0	0
APACHE CORP	Common Stock	037411105	147,958,295	1,626,275	SH		OTR	ALL	1,416,075	0	210,200
APARTMENT INVST/MGMT	Common Stock	03748R101	142,802,654	4,440,622	SH		OTR	ALL	3,782,478	0	658,144
APPLE INC	Common Stock	037833100	264,486,989	2,593,084	SH		OTR	ALL	2,256,651	0	336,433
ATWOOD OCEANICS	Common Stock	050095108	91,669,927	2,141,567	SH		OTR	ALL	1,901,455	0	240,112
AVAGO TECHNOLOGIES	Common Stock	Y0486S104	1,111,077	12,771	SH		OTR	ALL	12,771	0	0
AXA SA ADR	ADR	54536107	278,304	11,304	SH		OTR	ALL	11,304	0	0
BAIDU INC SPON ADR REP A	ADR	056752108	8,693,410	39,836	SH		OTR	ALL	33,486	0	6,350
BAXTER INTERNATIONAL	Common Stock	071813109	1,964,417	27,371	SH		OTR	ALL	23,992	0	3,379
BED BATH & BEYOND	Common Stock	075896100	2,066,516	31,387	SH		OTR	ALL	25,165	0	6,222
BIOGEN IDEC	Common Stock	09062X103	909,728	2,750	SH		OTR	ALL	2,750	0	0
BOEING COM /THE	Common Stock	097023105	2,735,486	21,475	SH		OTR	ALL	21,475	0	0
BRINKER INTERNATIONAL	Common Stock	109641100	911,630	17,949	SH		OTR	ALL	17,949	0	0
CAMPBELL SOUP	Common Stock	134429109	130,621,828	3,039,915	SH		OTR	ALL	2,587,461	0	452,454
CATERPILLAR INC	Common Stock	149123101	147,634,208	1,484,075	SH		OTR	ALL	1,315,055	0	169,020
CBL & ASSOC PROP	Common Stock	124830100	2,994,782	167,230	SH		OTR	ALL	134,034	0	33,196
CBOE HOLDINGS	Common Stock	12503M108	219,848,546	4,035,419	SH		OTR	ALL	3,509,440	0	525,979
CBRE GROUP INC.	Common Stock	12504L109	3,701,663	124,407	SH		OTR	ALL	99,657	0	24,750
CELANESE CORP SERIES A	Common Stock	150870103	3,431,987	58,645	SH		OTR	ALL	47,019	0	11,626
CELGENE CORP	Common Stock	151020104	1,669,550	17,615	SH		OTR	ALL	17,615	0	0
CF INDUSTRIES HOLDINGS INC	Common Stock	125269100	163,195,308	591,356	SH		OTR	ALL	512,515	0	78,841
CHEVRON CORP	Common Stock	166764100	1,036,652	8,688	SH		OTR	ALL	8,688	0	0
CHICAGO BRIDGE & IRON	Common Stock	167250109	1,277,502	22,083	SH		OTR	ALL	22,083	0	0
CIGNA CORP	Common Stock	125509109	5,214,215	57,459	SH		OTR	ALL	46,060	0	11,399
COACH INC	Common Stock	189754104	73,068,862	2,051,936	SH		OTR	ALL	1,723,210	0	328,726
COGNIZANT TECH SOLUTIONS A	Common Stock	192446102	1,037,410	23,172	SH		OTR	ALL	23,172	0	0
COLGATE-PALMOLIVE CO	Common Stock	194162103	185,771,948	2,836,245	SH		OTR	ALL	2,431,486	0	404,759
COMCAST CORP NEW CL A	Common Stock	20030N101	1,356,116	25,216	SH		OTR	ALL	25,216	0	0
COMMSCOPE HLDG CO INC COM	Common Stock	20337X109	905,759	37,882	SH		OTR	ALL	37,882	0	0
COMPUTER SCIENCES	Common Stock	205363104	952,167	15,571	SH		OTR	ALL	15,571	0	0
CONOCOPHILLIPS	Common Stock	20825C104	152,399,875	2,011,488	SH		OTR	ALL	1,751,060	0	260,428
CONTINENTAL RSCS	Common Stock	212015101	161,321,384	2,492,936	SH		OTR	ALL	2,164,498	0	328,438
COPA HOLDINGS SA	Common Stock	P31076105	59,814,448	551,313	SH		OTR	ALL	467,821	0	83,492
CORE LABORATORIES NV	Common Stock	N22717107	5,344,848	36,521	SH		OTR	ALL	32,535	0	3,986
DBS GROUP HOLDINGS LIMITED ADR	ADR	23304Y100	216,345	3,743	SH		OTR	ALL	3,743	0	0
DEERE & COMPANY	Common Stock	244199105	617,057	7,526	SH		OTR	ALL	7,526	0	0
DIAGEO PLC SP ADR	ADR	25243Q205	219,606	1,903	SH		OTR	ALL	1,903	0	0
DISCOVER FINANCIAL SERVICES	Common Stock	254709108	209,184,239	3,254,330	SH		OTR	ALL	2,833,478	0	420,852
DOLLAR TREE	Common Stock	256746108	962,666	17,169	SH		OTR	ALL	17,169	0	0
DST SYSTEMS INC	Common Stock	233326107	4,087,033	48,654	SH		OTR	ALL	38,935	0	9,719
DUPONT	Common Stock	263534109	1,269,506	17,691	SH		OTR	ALL	17,691	0	0
EASTMAN CHEMICAL	Common Stock	277432100	1,770,505	21,888	SH		OTR	ALL	17,573	0	4,315
EATON VANCE	Common Stock	278265103	138,773,772	3,693,946	SH		OTR	ALL	3,218,357	0	475,589
ETABLISSEMENTS DELHAIZ SPONSORED ADR	ADR	29759W101	217,024	12,552	SH		OTR	ALL	12,552	0	0
EVEREST RE GROUP	Common Stock	G3223R108	2,249,671	13,886	SH		OTR	ALL	9,553	0	4,333
EXXON MOBIL CORP	Common Stock	30231G102	146,865,742	1,553,940	SH		OTR	ALL	1,351,721	0	202,219
FAMILY DOLLAR STORES	Common Stock	307000109	4,885,946	63,251	SH		OTR	ALL	50,672	0	12,579
FEDERATED INVESTORS INC CL B	Common Stock	314211103	4,592,687	156,359	SH		OTR	ALL	125,343	0	31,016
FLEETCOR TECHNOL	Common Stock	339041105	1,629,690	11,467	SH		OTR	ALL	11,467	0	0
FMC	Common Stock	302491303	337,135	5,895	SH		OTR	ALL	5,895	0	0
FMC TECHNOLOGIES	Common Stock	30249U101	1,079,846	19,883	SH		OTR	ALL	19,883	0	0
GAP (THE)	Common Stock	364760108	2,829,482	67,898	SH		OTR	ALL	58,588	0	9,310
GARTNER INC	Common Stock	366651107	1,703,769	23,190	SH		OTR	ALL	23,190	0	0
GAZPROM O A O SP ADR	ADR	368287207	130,458	18,531	SH		OTR	ALL	18,531	0	0
GILEAD SCIENCES	Common Stock	375558103	194,307,745	1,809,286	SH		OTR	ALL	1,576,473	0	232,813
GRACO INC	Common Stock	384109104	5,084,205	69,631	SH		OTR	ALL	55,780	0	13,851
HALLIBURTON CO	Common Stock	406216101	1,114,475	17,276	SH		OTR	ALL	17,276	0	0
HANESBRANDS	Common Stock	410345102	1,569,376	14,607	SH		OTR	ALL	14,607	0	0
HARMONY GOLD MNG LTD SPONSORED ADR	ADR	413216300	23,395	10,831	SH		OTR	ALL	10,831	0	0
HARRIS CORP	Common Stock	413875105	3,628,853	54,634	SH		OTR	ALL	43,779	0	10,855
HERBALIFE LIMITED	Common Stock	G4412G101	3,735,571	85,274	SH		OTR	ALL	68,329	0	16,945
HERSHEY CO (THE)	Common Stock	427866108	3,000,892	31,446	SH		OTR	ALL	31,446	0	0
HEWLETT-PACKARD	Common Stock	428236103	1,700,857	47,952	SH		OTR	ALL	47,952	0	0
HOLLYFRONTIER CORP COM	Common Stock	436106108	2,412,736	55,222	SH		OTR	ALL	43,778	0	11,444
HUNT (J.B.)TRANSPORT SERVICES	Common Stock	445658107	929,179	12,548	SH		OTR	ALL	12,548	0	0
HUNTSMAN	Common Stock	447011107	4,379,858	168,589	SH		OTR	ALL	135,075	0	33,514
HUTCHISON WHAMPOA ADR	ADR	448415208	325,510	13,546	SH		OTR	ALL	13,546	0	0
INFOSYS TECH LIMITED SP ADR	ADR	456788108	2,509,367	41,484	SH		OTR	ALL	31,302	0	10,182
INTEL CORPORATION	Common Stock	458140100	1,846,853	53,040	SH		OTR	ALL	53,040	0	0
INTERNATIONAL BUSINESS MACHINES CORP	Common Stock	459200101	168,144,111	906,774	SH		OTR	ALL	787,992	0	118,782
ITAU UNIBANCO HOLDINGS SA SPON ADR REP PFD	ADR	465562106	190,225	13,705	SH		OTR	ALL	13,705	0	0
JABIL CIRCUIT	Common Stock	466313103	2,062,645	102,237	SH		OTR	ALL	81,892	0	20,345
KELLOGG CO	Common Stock	487836108	142,522,175	2,313,668	SH		OTR	ALL	1,912,844	0	400,824
KEPPEL CORP LIMITED ADR	ADR	492051305	201,334	12,314	SH		OTR	ALL	12,314	0	0
KONINKLIJKE AHOLD N V SPONSORED ADR NE	ADR	500467105	195,204	12,072	SH		OTR	ALL	12,072	0	0
KRAFT FOODS GROUP INC	Common Stock	50076Q106	1,621,274	28,746	SH		OTR	ALL	28,746	0	0
KROGER	Common Stock	501044101	2,310,724	44,437	SH		OTR	ALL	44,437	0	0
LANDSTAR SYSTEM INC	Common Stock	515098101	3,843,438	53,232	SH		OTR	ALL	42,968	0	10,264
LAZARD LIMITED	Common Stock	G54050102	669,494	13,205	SH		OTR	ALL	13,205	0	0
LEXMARK INTERNATIONAL	Common Stock	529771107	4,774,248	112,324	SH		OTR	ALL	89,981	0	22,343
LOCKHEED MARTIN	Common Stock	539830109	235,309,474	1,277,704	SH		OTR	ALL	1,110,051	0	167,653
LUKOIL OAO ADR	ADR	677862104	2,049,489	40,265	SH		OTR	ALL	27,665	0	12,600
LYONDELLBASELL INDUSTRIES SHS - A -	Common Stock	N53745100	157,520,732	1,489,974	SH		OTR	ALL	1,297,636	0	192,338
MARATHON PETR CORP COM	Common Stock	56585A102	200,353,704	2,336,147	SH		OTR	ALL	2,030,986	0	305,161
MARKS & SPENCER GROUP SP ADR	ADR	570912105	194,597	14,834	SH		OTR	ALL	14,834	0	0
MASTERCARD INC CL A	Common Stock	57636Q104	3,028,281	40,967	SH		OTR	ALL	40,967	0	0
MATTEL	Common Stock	577081102	475,749	15,522	SH		OTR	ALL	15,522	0	0
MCDONALD'S	Common Stock	580135101	1,254,241	13,229	SH		OTR	ALL	13,229	0	0
MCGRAW HILL FINL INC COM	Common Stock	580645109	172,868,672	2,021,226	SH		OTR	ALL	1,756,857	0	264,369
MICHAEL KORS HOLDINGS LIMITED	Common Stock	G60754101	766,943	10,743	SH		OTR	ALL	10,743	0	0
MICROCHIP TECH	Common Stock	595017104	1,449,394	30,688	SH		OTR	ALL	30,688	0	0
MICROSOFT CORP	Common Stock	594918104	203,240,615	4,374,408	SH		OTR	ALL	3,812,577	0	561,831
MITSUBISHI UFJ FINANCIAL GROUP - ADR	ADR	606822104	195,514	34,851	SH		OTR	ALL	34,851	0	0
MOODY'S	Common Stock	615369105	169,818,802	1,781,012	SH		OTR	ALL	1,549,139	0	231,873
MURPHY OIL CORP	Common Stock	626717102	268,331	4,715	SH		OTR	ALL	4,715	0	0
MYLAN	Common Stock	628530107	181,697,899	3,876,771	SH		OTR	ALL	3,366,501	0	510,270
NATIONSTAR MORTGAGE HLDGS COM	Common Stock	63861C109	101,656,085	2,947,320	SH		OTR	ALL	2,610,449	0	336,871
NESTLE SA - SP ADR	ADR	641069406	209,993	2,852	SH		OTR	ALL	2,852	0	0
NETEASE INC SPONSORED ADR	ADR	64110W102	6,933,492	80,942	SH		OTR	ALL	69,547	0	11,395
NEWMARKET CORP COM	Common Stock	651587107	163,548,297	427,897	SH		OTR	ALL	371,098	0	56,799
NIPPON TELEGRAPH & TELEPHONE CORP ADR	ADR	651587107	274,546	8,825	SH		OTR	ALL	8,825	0	0
NORDSTROM	Common Stock	655664100	1,535,795	22,463	SH		OTR	ALL	22,463	0	0
NU SKIN ENTERPRISES CL A	Common Stock	67018T105	3,896,652	86,440	SH		OTR	ALL	69,264	0	17,176
OASIS PETROLEUM INC	Common Stock	674215108	135,251,055	3,503,239	SH		OTR	ALL	3,094,165	0	409,074
OCWEN FINANCIAL CORP COM NEW	Common Stock	675746309	1,316,566	50,289	SH		OTR	ALL	40,207	0	10,082
OIL STATES INTERNATIONAL	Common Stock	678026105	88,748,699	1,448,910	SH		OTR	ALL	1,290,517	0	158,393
ORACLE CORP	Common Stock	68389X105	1,317,291	34,412	SH		OTR	ALL	34,412	0	0
ORIX - SP ADR	ADR	686330101	249,435	3,615	SH		OTR	ALL	3,615	0	0
PERFECT WORLD CO - SP ADR	ADR	71372U104	218,165	11,080	SH		OTR	ALL	11,080	0	0
PHILIP MORRIS INTL	Common Stock	718172109	127,636,620	1,512,405	SH		OTR	ALL	1,357,921	0	154,484
PHILLIPS 66 COM	Common Stock	718546104	919,372	11,307	SH		OTR	ALL	11,307	0	0
PKG CORP Of AMERICA	Common Stock	695156109	2,680,012	41,970	SH		OTR	ALL	36,520	0	5,450
POLARIS INDUSTRIES INC COM	Common Stock	731068102	6,868,256	45,851	SH		OTR	ALL	39,175	0	6,676
PRICELINE.COM INC	Common Stock	741503403	1,984,648	1,713	SH		OTR	ALL	1,713	0	0
QUALCOMM	Common Stock	747525103	795,104	10,634	SH		OTR	ALL	10,634	0	0
RENAISSANCERE HOLDINGS	Common Stock	G7496G103	1,764,908	17,647	SH		OTR	ALL	14,149	0	3,498
RIO TINTO PLC SP ADR	ADR	767204100	202,917	4,126	SH		OTR	ALL	4,126	0	0
ROCKWELL AUTOMATION	Common Stock	773903109	916,070	8,337	SH		OTR	ALL	8,337	0	0
ROCKWELL COLLINS INC	Common Stock	774341101	147,243,949	1,853,643	SH		OTR	ALL	1,607,572	0	246,071
ROSS STORES	Common Stock	778296103	148,782,970	1,946,176	SH		OTR	ALL	1,686,452	0	259,724
RPC INC COM	Common Stock	749660106	4,474,117	203,948	SH		OTR	ALL	179,198	0	24,750
SALIX PHARMACEUTICALS COM	Common Stock	795435106	2,280,323	14,595	SH		OTR	ALL	14,595	0	0
SEVEN & I HOLDINGS CO LIMITED ADR	ADR	81783H105	243,867	3,141	SH		OTR	ALL	3,141	0	0
SHERWIN-WILLIAMS	Common Stock	824348106	1,283,500	5,861	SH		OTR	ALL	5,861	0	0
SIMON PROPERTY GROUP	Common Stock	828806109	1,014,636	6,171	SH		OTR	ALL	6,171	0	0
SKYWORKS SOLUTIONS	Common Stock	83088M102	1,020,055	17,572	SH		OTR	ALL	17,572	0	0
SM ENERGY	Common Stock	78454L100	171,427,926	2,310,070	SH		OTR	ALL	2,008,380	0	301,690
STARBUCKS	Common Stock	855244109	823,269	10,910	SH		OTR	ALL	10,910	0	0
SUMITOMO MITSUI FINANCIAL SP ADR	ADR	86562M209	242,064	29,520	SH		OTR	ALL	29,520	0	0
SYMANTEC	Common Stock	871503108	4,414,842	187,717	SH		OTR	ALL	150,478	0	37,239
SYNGENTA AG SP ADR	ADR	87160A100	202,087	3,189	SH		OTR	ALL	3,189	0	0
TATA MTRS LTD SPONSORED ADR	ADR	876568502	5,729,813	131,087	SH		OTR	ALL	108,936	0	22,151
TERNIUM SA - SP ADR	ADR	880890108	139,658	5,807	SH		OTR	ALL	5,807	0	0
TJX COMPANIES INC	Common Stock	872540109	216,291,268	3,611,112	SH		OTR	ALL	3,141,681	0	469,431
TORO	Common Stock	891092108	3,819,561	64,469	SH		OTR	ALL	51,662	0	12,807
TOYOTA MOTOR CORP SP ADR Rep2com	ADR	892331307	328,966	2,799	SH		OTR	ALL	2,799	0	0
UNITED PARCEL SERVICES CL B	Common Stock	911312106	145,340,436	1,462,276	SH		OTR	ALL	1,263,873	0	198,403
UNITED RENTALS INC COM	Common Stock	911363109	2,055,017	18,497	SH		OTR	ALL	18,497	0	0
UNITED THERAPEUTICS	Common Stock	91307C102	145,017,579	1,123,676	SH		OTR	ALL	977,051	0	146,625
VALE S A ADR	ADR	91912E105	2,835,493	257,538	SH		OTR	ALL	188,730	0	68,808
VALERO ENERGY CORP	Common Stock	91913Y100	87,269,708	1,841,011	SH		OTR	ALL	1,639,060	0	201,951
VERISK ANALYTICS	Common Stock	92345Y106	79,046,051	1,293,167	SH		OTR	ALL	1,112,758	0	180,409
VERIZON COMM	Common Stock	92343V104	82,001,424	1,638,939	SH		OTR	ALL	1,434,447	0	204,492
WABCO HOLDING	Common Stock	92927K102	1,624,458	17,861	SH		OTR	ALL	17,861	0	0
WADDELL & REED FINANCIAL	Common Stock	930059100	162,281,028	3,183,347	SH		OTR	ALL	2,770,790	0	412,557
WESTERN DIGITAL	Common Stock	958102105	223,548,977	2,292,815	SH		OTR	ALL	1,988,440	0	304,375
WESTERN UNION	Common Stock	959802109	152,074,104	9,387,644	SH		OTR	ALL	8,186,470	0	1,201,174
WHITING PETROLEUM	Common Stock	966387102	4,957,281	64,012	SH		OTR	ALL	51,296	0	12,716
WPP PLCD ADR	ADR	92937A102	314,377	3,130	SH		OTR	ALL	3,130	0	0
YUM! BRANDS INC	Common Stock	988498101	130,630,710	1,815,484	SH		OTR	ALL	1,580,696	0	234,788