Dividend Assets 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

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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
3M CO	COM	88579Y101	338	2,244	SH		SOLE		2,244	0	0
ABBOTT LABS	COM	002824100	253	5,631	SH		SOLE		5,631	0	0
ACE LTD	SHS	H0023R105	191	1,636	SH		DFND		1,636	0	0
ACE LTD	SHS	H0023R105	75,778	648,506	SH		SOLE		648,506	0	0
AFLAC INC	COM	001055102	708	11,815	SH		SOLE		11,815	0	0
AIR PRODS & CHEMS INC	COM	009158106	268	2,061	SH		SOLE		2,061	0	0
ALPHABET INC	CAP STK CL C	02079K107	15	20	SH		DFND		20	0	0
ALPHABET INC	CAP STK CL C	02079K107	268	353	SH		SOLE		353	0	0
ALPS ETF TR	ALERIAN MLP	00162Q866	665	55,175	SH		SOLE		55,175	0	0
ALTRIA GROUP INC	COM	02209S103	16	275	SH		DFND		275	0	0
ALTRIA GROUP INC	COM	02209S103	422	7,250	SH		SOLE		7,250	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	516	8,325	SH		SOLE		8,325	0	0
APPLE INC	COM	037833100	71	675	SH		DFND		675	0	0
APPLE INC	COM	037833100	665	6,316	SH		SOLE		6,316	0	0
APTARGROUP INC	COM	038336103	260	3,580	SH		SOLE		3,580	0	0
AT&T INC	COM	00206R102	4	102	SH		DFND		102	0	0
AT&T INC	COM	00206R102	982	28,532	SH		SOLE		28,532	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	163	1,925	SH		DFND		1,925	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	94,928	1,120,494	SH		SOLE		1,120,494	0	0
BALL CORP	COM	058498106	855	11,760	SH		SOLE		11,760	0	0
BANK AMER CORP	COM	060505104	213	12,684	SH		SOLE		12,684	0	0
BANK OF THE OZARKS INC	COM	063904106	168	3,394	SH		DFND		3,394	0	0
BANK OF THE OZARKS INC	COM	063904106	44,909	907,982	SH		SOLE		907,982	0	0
BECTON DICKINSON & CO	COM	075887109	238	1,543	SH		SOLE		1,543	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	237	1,793	SH		SOLE		1,793	0	0
BOEING CO	COM	097023105	10	70	SH		DFND		70	0	0
BOEING CO	COM	097023105	852	5,895	SH		SOLE		5,895	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	305	4,436	SH		SOLE		4,436	0	0
CALUMET SPECIALTY PRODS PTNR	UT LTD PARTNER	131476103	1,470	73,828	SH		SOLE		73,828	0	0
CANADIAN NATL RY CO	COM	136375102	235	4,210	SH		DFND		4,210	0	0
CANADIAN NATL RY CO	COM	136375102	87,305	1,562,372	SH		SOLE		1,562,372	0	0
CARDINAL HEALTH INC	COM	14149Y108	201	2,252	SH		DFND		2,252	0	0
CARDINAL HEALTH INC	COM	14149Y108	136,347	1,527,357	SH		SOLE		1,527,357	0	0
CHEVRON CORP NEW	COM	166764100	11	125	SH		DFND		125	0	0
CHEVRON CORP NEW	COM	166764100	1,097	12,199	SH		SOLE		12,199	0	0
CHURCH & DWIGHT INC	COM	171340102	235	2,765	SH		DFND		2,765	0	0
CHURCH & DWIGHT INC	COM	171340102	114,866	1,353,270	SH		SOLE		1,353,270	0	0
CITIGROUP INC	COM NEW	172967424	455	8,800	SH		SOLE		8,800	0	0
COCA COLA CO	COM	191216100	52	1,200	SH		DFND		1,200	0	0
COCA COLA CO	COM	191216100	733	17,053	SH		SOLE		17,053	0	0
COLGATE PALMOLIVE CO	COM	194162103	462	6,930	SH		SOLE		6,930	0	0
COLUMBIA PIPELINE PARTNERS L	COM UT REPSTG	198281107	19,333	1,105,987	SH		SOLE		1,105,987	0	0
CONOCOPHILLIPS	COM	20825C104	227	4,863	SH		SOLE		4,863	0	0
CVS HEALTH CORP	COM	126650100	284	2,908	SH		DFND		2,908	0	0
CVS HEALTH CORP	COM	126650100	112,332	1,148,943	SH		SOLE		1,148,943	0	0
DELEK LOGISTICS PARTNERS LP	COM UNT RP INT	24664T103	356	9,967	SH		SOLE		9,967	0	0
DISNEY WALT CO	COM DISNEY	254687106	5	48	SH		DFND		48	0	0
DISNEY WALT CO	COM DISNEY	254687106	522	4,972	SH		SOLE		4,972	0	0
DOMINION RES INC VA NEW	COM	25746U109	366	5,411	SH		SOLE		5,411	0	0
ECOLAB INC	COM	278865100	506	4,422	SH		DFND		4,422	0	0
ECOLAB INC	COM	278865100	129,584	1,132,929	SH		SOLE		1,132,929	0	0
EMERSON ELEC CO	COM	291011104	525	10,985	SH		SOLE		10,985	0	0
ENABLE MIDSTREAM PARTNERS LP	COM UNIT RP IN	292480100	18,647	2,026,861	SH		SOLE		2,026,861	0	0
ENBRIDGE ENERGY PARTNERS L P	COM	29250R106	37	1,600	SH		DFND		1,600	0	0
ENBRIDGE ENERGY PARTNERS L P	COM	29250R106	7,540	326,839	SH		SOLE		326,839	0	0
ENERGY TRANSFER EQUITY L P	COM UT LTD PTN	29273V100	194	14,090	SH		DFND		14,090	0	0
ENERGY TRANSFER EQUITY L P	COM UT LTD PTN	29273V100	43,577	3,171,547	SH		SOLE		3,171,547	0	0
ENERGY TRANSFER PRTNRS L P	UNIT LTD PARTN	29273R109	101	3,008	SH		DFND		3,008	0	0
ENERGY TRANSFER PRTNRS L P	UNIT LTD PARTN	29273R109	7,741	229,484	SH		SOLE		229,484	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	389	15,210	SH		DFND		15,210	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	74,844	2,925,885	SH		SOLE		2,925,885	0	0
EOG RES INC	COM	26875P101	7	100	SH		DFND		100	0	0
EOG RES INC	COM	26875P101	79,029	1,116,390	SH		SOLE		1,116,390	0	0
EQT CORP	COM	26884L109	228	4,370	SH		SOLE		4,370	0	0
EQT MIDSTREAM PARTNERS LP	UNIT LTD PARTN	26885B100	16	210	SH		DFND		210	0	0
EQT MIDSTREAM PARTNERS LP	UNIT LTD PARTN	26885B100	58,537	775,737	SH		SOLE		775,737	0	0
EXXON MOBIL CORP	COM	30231G102	3,057	39,218	SH		SOLE		39,218	0	0
EXXON MOBIL CORP	COM	30231G102	13	163	SH		DFND		163	0	0
FACTSET RESH SYS INC	COM	303075105	96	590	SH		DFND		590	0	0
FACTSET RESH SYS INC	COM	303075105	89,032	547,653	SH		SOLE		547,653	0	0
FIRST TR EXCHANGE TRADED FD	NO AMER ENERGY	33738D101	203	10,060	SH		SOLE		10,060	0	0
GENERAL ELECTRIC CO	COM	369604103	198	6,358	SH		DFND		6,358	0	0
GENERAL ELECTRIC CO	COM	369604103	2,175	69,818	SH		SOLE		69,818	0	0
GENERAL MTRS CO	COM	37045V100	3	90	SH		DFND		90	0	0
GENERAL MTRS CO	COM	37045V100	378	11,100	SH		SOLE		11,100	0	0
GENESIS ENERGY L P	UNIT LTD PARTN	371927104	11	300	SH		DFND		300	0	0
GENESIS ENERGY L P	UNIT LTD PARTN	371927104	52,527	1,429,695	SH		SOLE		1,429,695	0	0
GILEAD SCIENCES INC	COM	375558103	11	105	SH		DFND		105	0	0
GILEAD SCIENCES INC	COM	375558103	360	3,560	SH		SOLE		3,560	0	0
GLOBAL NET LEASE INC	COM	379378102	99	12,501	SH		SOLE		12,501	0	0
HARRIS CORP DEL	COM	413875105	146	1,675	SH		DFND		1,675	0	0
HARRIS CORP DEL	COM	413875105	104,926	1,207,430	SH		SOLE		1,207,430	0	0
HENRY JACK & ASSOC INC	COM	426281101	11	145	SH		DFND		145	0	0
HENRY JACK & ASSOC INC	COM	426281101	32,557	417,079	SH		SOLE		417,079	0	0
HOLLY ENERGY PARTNERS L P	COM UT LTD PTN	435763107	1,090	35,010	SH		SOLE		35,010	0	0
HORMEL FOODS CORP	COM	440452100	72	910	SH		DFND		910	0	0
HORMEL FOODS CORP	COM	440452100	133,855	1,692,650	SH		SOLE		1,692,650	0	0
ILLINOIS TOOL WKS INC	COM	452308109	41	445	SH		DFND		445	0	0
ILLINOIS TOOL WKS INC	COM	452308109	66,437	716,845	SH		SOLE		716,845	0	0
INTEL CORP	COM	458140100	921	26,730	SH		SOLE		26,730	0	0
INTEL CORP	COM	458140100	176	5,101	SH		DFND		5,101	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	41	300	SH		DFND		300	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	1,450	10,533	SH		SOLE		10,533	0	0
ISHARES TR	CORE US AGGBD E	464287226	578	5,355	SH		SOLE		5,355	0	0
ISHARES TR	TIPS BD ETF	464287176	580	5,290	SH		SOLE		5,290	0	0
JARDEN CORP	COM	471109108	227	3,982	SH		SOLE		3,982	0	0
JOHNSON & JOHNSON	COM	478160104	36	350	SH		DFND		350	0	0
JOHNSON & JOHNSON	COM	478160104	2,434	23,696	SH		SOLE		23,696	0	0
JPMORGAN CHASE & CO	ALERIAN ML ETN	46625H365	463	15,965	SH		SOLE		15,965	0	0
JPMORGAN CHASE & CO	COM	46625H100	1,334	20,204	SH		SOLE		20,204	0	0
KINDER MORGAN INC DEL	COM	49456B101	187	12,500	SH		SOLE		12,500	0	0
LEGGETT & PLATT INC	COM	524660107	897	21,350	SH		SOLE		21,350	0	0
LOWES COS INC	COM	548661107	153	2,018	SH		DFND		2,018	0	0
LOWES COS INC	COM	548661107	146,294	1,923,904	SH		SOLE		1,923,904	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	96,657	1,423,097	SH		SOLE		1,423,097	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	663	9,760	SH		DFND		9,760	0	0
MARKEL CORP	COM	570535104	380	430	SH		SOLE		430	0	0
MCCORMICK & CO INC	COM NON VTG	579780206	4	50	SH		DFND		50	0	0
MCCORMICK & CO INC	COM NON VTG	579780206	43,692	510,665	SH		SOLE		510,665	0	0
MCDONALDS CORP	COM	580135101	2,064	17,470	SH		SOLE		17,470	0	0
MEDTRONIC PLC	SHS	G5960L103	384	4,994	SH		SOLE		4,994	0	0
MERCK & CO INC NEW	COM	58933Y105	323	6,115	SH		SOLE		6,115	0	0
MICROSOFT CORP	COM	594918104	6	105	SH		DFND		105	0	0
MICROSOFT CORP	COM	594918104	417	7,515	SH		SOLE		7,515	0	0
MONSANTO CO NEW	COM	61166W101	130	1,317	SH		DFND		1,317	0	0
MONSANTO CO NEW	COM	61166W101	50,612	513,726	SH		SOLE		513,726	0	0
MPLX LP	COM UNIT REP LT	55336V100	43,611	1,108,858	SH		SOLE		1,108,858	0	0
MPLX LP	COM UNIT REP LT	55336V100	1	32	SH		DFND		32	0	0
NATIONAL GRID PLC	SPON ADR NEW	636274300	229	3,295	SH		SOLE		3,295	0	0
NEW YORK REIT INC	COM	64976L109	176	15,295	SH		SOLE		15,295	0	0
NGL ENERGY PARTNERS LP	COM UNIT REPST	62913M107	3	265	SH		DFND		265	0	0
NGL ENERGY PARTNERS LP	COM UNIT REPST	62913M107	20,321	1,840,641	SH		SOLE		1,840,641	0	0
NIKE INC	CL B	654106103	40	636	SH		DFND		636	0	0
NIKE INC	CL B	654106103	133,089	2,129,431	SH		SOLE		2,129,431	0	0
NOVARTIS A G	SPONSORED ADR	66987V109	298	3,460	SH		SOLE		3,460	0	0
NOVO-NORDISK A S	ADR	670100205	690	11,872	SH		DFND		11,872	0	0
NOVO-NORDISK A S	ADR	670100205	159,628	2,748,414	SH		SOLE		2,748,414	0	0
NUSTAR ENERGY LP	UNIT COM	67058H102	444	11,071	SH		SOLE		11,071	0	0
NUSTAR GP HOLDINGS LLC	UNIT RESTG LLC	67059L102	358	16,950	SH		SOLE		16,950	0	0
NUVEEN NY AMT FREE MUN INCOM	COM	670656107	165	12,542	SH		SOLE		12,542	0	0
ONEOK PARTNERS LP	UNIT LTD PARTN	68268N103	1,105	36,663	SH		SOLE		36,663	0	0
PARK STERLING CORP	COM	70086Y105	856	116,921	SH		SOLE		116,921	0	0
PARKER HANNIFIN CORP	COM	701094104	30	308	SH		DFND		308	0	0
PARKER HANNIFIN CORP	COM	701094104	48,721	502,381	SH		SOLE		502,381	0	0
PEPSICO INC	COM	713448108	82	825	SH		DFND		825	0	0
PEPSICO INC	COM	713448108	124,190	1,242,897	SH		SOLE		1,242,897	0	0
PERRIGO CO PLC	SHS	G97822103	30	205	SH		DFND		205	0	0
PERRIGO CO PLC	SHS	G97822103	101,927	704,406	SH		SOLE		704,406	0	0
PFIZER INC	COM	717081103	340	10,529	SH		SOLE		10,529	0	0
PHILIP MORRIS INTL INC	COM	718172109	41	464	SH		DFND		464	0	0
PHILIP MORRIS INTL INC	COM	718172109	552	6,284	SH		SOLE		6,284	0	0
PHILLIPS 66 PARTNERS LP	COM UNIT REP IN	718549207	11	175	SH		DFND		175	0	0
PHILLIPS 66 PARTNERS LP	COM UNIT REP IN	718549207	447	7,275	SH		SOLE		7,275	0	0
PIMCO ETF TR	TTL RTN ACTV ET	72201R775	325	3,120	SH		SOLE		3,120	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	53	2,290	SH		DFND		2,290	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	47,309	2,048,007	SH		SOLE		2,048,007	0	0
PNC FINL SVCS GROUP INC	COM	693475105	498	5,225	SH		SOLE		5,225	0	0
POLARIS INDS INC	COM	731068102	39	458	SH		DFND		458	0	0
POLARIS INDS INC	COM	731068102	79,941	930,084	SH		SOLE		930,084	0	0
PPG INDS INC	COM	693506107	415	4,200	SH		SOLE		4,200	0	0
PRAXAIR INC	COM	74005P104	38	375	SH		DFND		375	0	0
PRAXAIR INC	COM	74005P104	1,334	13,025	SH		SOLE		13,025	0	0
PRICE T ROWE GROUP INC	COM	74144T108	77	1,079	SH		DFND		1,079	0	0
PRICE T ROWE GROUP INC	COM	74144T108	42,822	598,994	SH		SOLE		598,994	0	0
PROCTER & GAMBLE CO	COM	742718109	2,185	27,520	SH		SOLE		27,520	0	0
PUBLIC SVC ENTERPRISE GROUP	COM	744573106	250	6,470	SH		SOLE		6,470	0	0
QUALCOMM INC	COM	747525103	1,926	38,524	SH		SOLE		38,524	0	0
ROPER TECHNOLOGIES INC	COM	776696106	119,965	632,092	SH		SOLE		632,092	0	0
ROPER TECHNOLOGIES INC	COM	776696106	315	1,660	SH		DFND		1,660	0	0
ROSS STORES INC	COM	778296103	434	8,070	SH		SOLE		8,070	0	0
ROYAL BK CDA MONTREAL QUE	COM	780087102	458	8,550	SH		SOLE		8,550	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	215	4,706	SH		SOLE		4,706	0	0
SANOFI	SPONSORED ADR	80105N105	240	5,625	SH		SOLE		5,625	0	0
SCHLUMBERGER LTD	COM	806857108	288	4,133	SH		SOLE		4,133	0	0
SHERWIN WILLIAMS CO	COM	824348106	92	356	SH		DFND		356	0	0
SHERWIN WILLIAMS CO	COM	824348106	113,993	439,111	SH		SOLE		439,111	0	0
SILVERCREST ASSET MGMT GROUP	CL A	828359109	138	11,565	SH		SOLE		11,565	0	0
SOUTHERN CO	COM	842587107	226	4,837	SH		SOLE		4,837	0	0
SUNCOR ENERGY INC NEW	COM	867224107	43,095	1,670,335	SH		SOLE		1,670,335	0	0
SUNCOR ENERGY INC NEW	COM	867224107	16	625	SH		DFND		625	0	0
SUNOCO LOGISTICS PRTNRS L P	COM UNITS	86764L108	213	8,295	SH		DFND		8,295	0	0
SUNOCO LOGISTICS PRTNRS L P	COM UNITS	86764L108	74,058	2,881,619	SH		SOLE		2,881,619	0	0
SUNTRUST BKS INC	COM	867914103	940	21,934	SH		SOLE		21,934	0	0
TALLGRASS ENERGY GP LP	SHS CL A	874696107	2	120	SH		DFND		120	0	0
TALLGRASS ENERGY GP LP	SHS CL A	874696107	11,997	751,198	SH		SOLE		751,198	0	0
TALLGRASS ENERGY PARTNERS LP	COM UNIT	874697105	15,975	387,655	SH		SOLE		387,655	0	0
TELEFLEX INC	COM	879369106	1,152	8,760	SH		SOLE		8,760	0	0
TESORO LOGISTICS LP	COM UNIT LP	88160T107	6	125	SH		DFND		125	0	0
TESORO LOGISTICS LP	COM UNIT LP	88160T107	44,682	887,962	SH		SOLE		887,962	0	0
TIFFANY & CO NEW	COM	886547108	101	1,324	SH		DFND		1,324	0	0
TIFFANY & CO NEW	COM	886547108	27,408	359,256	SH		SOLE		359,256	0	0
TJX COS INC NEW	COM	872540109	127,240	1,794,384	SH		SOLE		1,794,384	0	0
TJX COS INC NEW	COM	872540109	140	1,978	SH		DFND		1,978	0	0
UNILEVER N V	N Y SHS NEW	904784709	427	9,850	SH		SOLE		9,850	0	0
UNION PAC CORP	COM	907818108	14	175	SH		DFND		175	0	0
UNION PAC CORP	COM	907818108	838	10,714	SH		SOLE		10,714	0	0
UNITED DEV FDG IV	COM	910187103	194	17,600	SH		SOLE		17,600	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	56	580	SH		DFND		580	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	54,141	563,558	SH		SOLE		563,558	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	422	3,590	SH		SOLE		3,590	0	0
US BANCORP DEL	COM NEW	902973304	85	2,000	SH		DFND		2,000	0	0
US BANCORP DEL	COM NEW	902973304	338	7,915	SH		SOLE		7,915	0	0
V F CORP	COM	918204108	252	4,047	SH		DFND		4,047	0	0
V F CORP	COM	918204108	106,369	1,708,739	SH		SOLE		1,708,739	0	0
VALSPAR CORP	COM	920355104	96,433	1,162,548	SH		SOLE		1,162,548	0	0
VALSPAR CORP	COM	920355104	160	1,934	SH		DFND		1,934	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	262	1,400	SH		SOLE		1,400	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	320	6,928	SH		SOLE		6,928	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	33	709	SH		DFND		709	0	0
W P CAREY INC	COM	92936U109	266	4,500	SH		SOLE		4,500	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	94	1,100	SH		DFND		1,100	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	510	5,984	SH		SOLE		5,984	0	0
WAL-MART STORES INC	COM	931142103	61	1,000	SH		DFND		1,000	0	0
WAL-MART STORES INC	COM	931142103	444	7,243	SH		SOLE		7,243	0	0
WELLS FARGO & CO NEW	COM	949746101	916	16,854	SH		SOLE		16,854	0	0
WELLTOWER INC	COM	95040Q104	221	3,250	SH		SOLE		3,250	0	0
WESTERN GAS EQUITY PARTNERS	COMUNT LTD PT	95825R103	2,531	69,735	SH		SOLE		69,735	0	0
WESTERN GAS PARTNERS LP	COM UNIT LP IN	958254104	30,646	644,778	SH		SOLE		644,778	0	0
WILLIAMS PARTNERS L P NEW	COM UNIT LTD PA	96949L105	34,239	1,229,409	SH		SOLE		1,229,409	0	0
WILLIAMS PARTNERS L P NEW	COM UNIT LTD PA	96949L105	83	2,966	SH		DFND		2,966	0	0