WMS Partners 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
3-D SYS CORP DEL	COM NEW	88554D205	781	16,850	SH		SOLE		0	0	16,850
3M CO	COM	88579Y101	4,478	31,608	SH		SOLE		0	0	31,608
ABBOTT LABS	COM	002824100	3,615	86,917	SH		SOLE		0	0	86,917
ABBVIE INC	COM	00287Y109	640	11,080	SH		SOLE		0	0	11,080
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	932	11,461	SH		SOLE		0	0	11,461
AFFILIATED MANAGERS GROUP	COM	008252108	396	1,974	SH		SOLE		0	0	1,974
AFLAC INC	COM	001055102	558	9,581	SH		SOLE		0	0	9,581
ALCOA INC	COM	013817101	322	20,000	SH		SOLE		0	0	20,000
ALEXION PHARMACEUTICALS INC	COM	015351109	349	2,105	SH		SOLE		0	0	2,105
ALLERGAN INC	COM	018490102	992	5,566	SH		SOLE		0	0	5,566
ALLIED NEVADA GOLD CORP	COM	019344100	137	41,500	SH		SOLE		0	0	41,500
ALPHA NATURAL RESOURCES INC	COM	02076X102	30	12,000	SH		SOLE		0	0	12,000
ALTRIA GROUP INC	COM	02209S103	1,117	24,323	SH		SOLE		0	0	24,323
AMERICA MOVIL SAB DE CV	SPON ADR L SHS	02364W105	268	10,638	SH		SOLE		0	0	10,638
AMERICAN EXPRESS CO	COM	025816109	1,125	12,845	SH		SOLE		0	0	12,845
AMERICAN WTR WKS CO INC NEW	COM	030420103	381	7,900	SH		SOLE		0	0	7,900
AMETEK INC NEW	COM	031100100	204	4,070	SH		SOLE		0	0	4,070
AMGEN INC	COM	031162100	898	6,391	SH		SOLE		0	0	6,391
ANADARKO PETE CORP	COM	032511107	201	1,980	SH		SOLE		0	0	1,980
ANSYS INC	COM	03662Q105	1,390	18,374	SH		SOLE		0	0	18,374
APACHE CORP	COM	037411105	327	3,486	SH		SOLE		0	0	3,486
APPLE INC	COM	037833100	18,901	187,596	SH		SOLE		0	0	187,596
ARCH CAP GROUP LTD	ORD	G0450A105	410	7,500	SH		SOLE		0	0	7,500
ARCH COAL INC	COM	039380100	43	20,370	SH		SOLE		0	0	20,370
ASHFORD HOSPITALITY PRIME IN	COM	044102101	680	44,677	SH		SOLE		0	0	44,677
ASHFORD HOSPITALITY TR INC	COM SHS	044103109	2,676	261,845	SH		SOLE		0	0	261,845
AT&T INC	COM	00206R102	218	6,184	SH		SOLE		0	0	6,184
AUTOLIV INC	COM	052800109	223	2,425	SH		SOLE		0	0	2,425
AUTOMATIC DATA PROCESSING IN	COM	053015103	282	3,391	SH		SOLE		0	0	3,391
BANK AMER CORP	COM	060505104	568	33,312	SH		SOLE		0	0	33,312
BARRETT BILL CORP	NOTE 5.000% 3/1	06846NAA2	350	350,000	PRN		SOLE		0	0	350,000
BAY BANCORP INC	COM	07203T106	258	55,793	SH		SOLE		0	0	55,793
BCE INC	COM NEW	05534B760	214	5,000	SH		SOLE		0	0	5,000
BECTON DICKINSON & CO	COM	075887109	1,525	13,400	SH		SOLE		0	0	13,400
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	1,248	9,031	SH		SOLE		0	0	9,031
BP PLC	SPONSORED ADR	055622104	330	7,506	SH		SOLE		0	0	7,506
BRISTOL MYERS SQUIBB CO	COM	110122108	358	6,991	SH		SOLE		0	0	6,991
CANADIAN NATL RY CO	COM	136375102	2,697	38,010	SH		SOLE		0	0	38,010
CANADIAN PAC RY LTD	COM	13645T100	11,030	53,165	SH		SOLE		0	0	53,165
CAPITAL ONE FINL CORP	COM	14040H105	12,297	150,658	SH		SOLE		0	0	150,658
CAREFUSION CORP	COM	14170T101	770	17,012	SH		SOLE		0	0	17,012
CATERPILLAR INC DEL	COM	149123101	6,301	63,620	SH		SOLE		0	0	63,620
CELGENE CORP	COM	151020104	1,809	19,091	SH		SOLE		0	0	19,091
CEPHEID	COM	15670R107	11,774	267,402	SH		SOLE		0	0	267,402
CERNER CORP	COM	156782104	298	5,000	SH		SOLE		0	0	5,000
CHEVRON CORP NEW	COM	166764100	3,401	28,510	SH		SOLE		0	0	28,510
CHURCH & DWIGHT INC	COM	171340102	260	3,710	SH		SOLE		0	0	3,710
CISCO SYS INC	COM	17275R102	12,649	502,535	SH		SOLE		0	0	502,535
CITRIX SYS INC	COM	177376100	227	3,184	SH		SOLE		0	0	3,184
CLAYMORE EXCHANGE TRD FD TR	GUG BLT2017 HY	18383M399	371	13,855	SH		SOLE		0	0	13,855
CLAYMORE EXCHANGE TRD FD TR	GUG BLT2016 HY	18383M415	543	20,400	SH		SOLE		0	0	20,400
CLAYMORE EXCHANGE TRD FD TR	GUGG BULL 2015	18383M423	714	26,990	SH		SOLE		0	0	26,990
CLAYMORE EXCHANGE TRD FD TR	GUGG BULL 2014	18383M431	709	26,862	SH		SOLE		0	0	26,862
COCA COLA CO	COM	191216100	1,214	28,470	SH		SOLE		0	0	28,470
COLGATE PALMOLIVE CO	COM	194162103	417	6,388	SH		SOLE		0	0	6,388
CONCHO RES INC	COM	20605P101	722	5,755	SH		SOLE		0	0	5,755
CONCUR TECHNOLOGIES INC	COM	206708109	675	5,325	SH		SOLE		0	0	5,325
CONOCOPHILLIPS	COM	20825C104	702	9,178	SH		SOLE		0	0	9,178
CORE LABORATORIES N V	COM	N22717107	278	1,900	SH		SOLE		0	0	1,900
COSTAR GROUP INC	COM	22160N109	859	5,525	SH		SOLE		0	0	5,525
COSTCO WHSL CORP NEW	COM	22160K105	696	5,550	SH		SOLE		0	0	5,550
CREDIT SUISSE GROUP	SPONSORED ADR	225401108	415	15,000	SH		SOLE		0	0	15,000
CROWN CASTLE INTL CORP	COM	228227104	234	2,900	SH		SOLE		0	0	2,900
CSX CORP	COM	126408103	269	8,367	SH		SOLE		0	0	8,367
CUMMINS INC	COM	231021106	214	1,625	SH		SOLE		0	0	1,625
CVS HEALTH CORP	COM	126650100	1,620	20,346	SH		SOLE		0	0	20,346
DANAHER CORP DEL	COM	235851102	1,271	16,733	SH		SOLE		0	0	16,733
DEALERTRACK TECHNOLOGIES INC	COM	242309102	458	10,550	SH		SOLE		0	0	10,550
DEERE & CO	COM	244199105	331	4,042	SH		SOLE		0	0	4,042
DELTA AIR LINES INC DEL	COM NEW	247361702	294	8,125	SH		SOLE		0	0	8,125
DIAGEO P L C	SPON ADR NEW	25243Q205	4,239	36,727	SH		SOLE		0	0	36,727
DISCOVER FINL SVCS	COM	254709108	964	14,974	SH		SOLE		0	0	14,974
DISNEY WALT CO	COM DISNEY	254687106	1,764	19,821	SH		SOLE		0	0	19,821
DONALDSON INC	COM	257651109	12,798	314,996	SH		SOLE		0	0	314,996
DORMAN PRODUCTS INC	COM	258278100	491	12,250	SH		SOLE		0	0	12,250
DU PONT E I DE NEMOURS & CO	COM	263534109	330	4,600	SH		SOLE		0	0	4,600
E M C CORP MASS	COM	268648102	395	13,480	SH		SOLE		0	0	13,480
ECOLAB INC	COM	278865100	23,939	208,475	SH		SOLE		0	0	208,475
ENTERPRISE PRODS PARTNERS L	COM	293792107	15,291	379,448	SH		SOLE		0	0	379,448
EQT CORP	COM	26884L109	247	2,700	SH		SOLE		0	0	2,700
EXAMWORKS GROUP INC	COM	30066A105	862	26,300	SH		SOLE		0	0	26,300
EXPEDITORS INTL WASH INC	COM	302130109	1,035	25,525	SH		SOLE		0	0	25,525
EXXON MOBIL CORP	COM	30231G102	8,193	87,110	SH		SOLE		0	0	87,110
F5 NETWORKS INC	COM	315616102	1,051	8,853	SH		SOLE		0	0	8,853
FASTENAL CO	COM	311900104	1,469	32,701	SH		SOLE		0	0	32,701
FIDUCIARY CLAYMORE MLP OPP F	COM	31647Q106	1,188	41,875	SH		SOLE		0	0	41,875
FINANCIAL ENGINES INC	COM	317485100	527	15,400	SH		SOLE		0	0	15,400
FREEPORT-MCMORAN INC	CL B	35671D857	323	9,900	SH		SOLE		0	0	9,900
FRONTLINE LTD	SHS	G3682E127	20	16,000	SH		SOLE		0	0	16,000
GENERAL ELECTRIC CO	COM	369604103	9,970	389,178	SH		SOLE		0	0	389,178
GENERAL MLS INC	COM	370334104	303	6,000	SH		SOLE		0	0	6,000
GENWORTH FINL INC	COM CL A	37247D106	172	13,115	SH		SOLE		0	0	13,115
GOLDMAN SACHS GROUP INC	COM	38141G104	1,720	9,369	SH		SOLE		0	0	9,369
GOOGLE INC	CL A	38259P508	18,162	31,159	SH		SOLE		0	0	31,159
HCC INS HLDGS INC	COM	404132102	378	7,830	SH		SOLE		0	0	7,830
HEALTHCARE SVCS GRP INC	COM	421906108	305	10,699	SH		SOLE		0	0	10,699
HOME DEPOT INC	COM	437076102	650	7,082	SH		SOLE		0	0	7,082
HONEYWELL INTL INC	COM	438516106	211	2,265	SH		SOLE		0	0	2,265
ILLINOIS TOOL WKS INC	COM	452308109	361	4,285	SH		SOLE		0	0	4,285
ILLUMINA INC	COM	452327109	533	3,250	SH		SOLE		0	0	3,250
IMAX CORP	COM	45245E109	681	24,800	SH		SOLE		0	0	24,800
INTEL CORP	COM	458140100	16,033	460,427	SH		SOLE		0	0	460,427
INTERNATIONAL BUSINESS MACHS	COM	459200101	6,522	34,354	SH		SOLE		0	0	34,354
INTUITIVE SURGICAL INC	COM NEW	46120E602	696	1,507	SH		SOLE		0	0	1,507
INVESCO LTD	SHS	G491BT108	538	13,637	SH		SOLE		0	0	13,637
ISHARES	MSCI AUST ETF	464286103	9,012	376,450	SH		SOLE		0	0	376,450
ISHARES	NAT AMT FREE BD	464288414	345	3,144	SH		SOLE		0	0	3,144
ISHARES TR	CORE S&P500 ETF	464287200	2,916	14,709	SH		SOLE		0	0	14,709
ISHARES TR	MSCI EMG MKT ETF	464287234	312	7,505	SH		SOLE		0	0	7,505
ISHARES TR	S&P 500 GRWT ETF	464287309	3,113	29,138	SH		SOLE		0	0	29,138
ISHARES TR	S&P 500 VAL ETF	464287408	2,385	26,477	SH		SOLE		0	0	26,477
ISHARES TR	CORE S&P MCP ETF	464287507	361	2,641	SH		SOLE		0	0	2,641
ISHARES TR	NA TEC-SFTWR ETF	464287515	251	2,899	SH		SOLE		0	0	2,899
ISHARES TR	NASDQ BIOTEC ETF	464287556	265	968	SH		SOLE		0	0	968
ISHARES TR	RUS 1000 VAL ETF	464287598	322	3,218	SH		SOLE		0	0	3,218
ISHARES TR	S&P MC 400GR ETF	464287606	504	3,325	SH		SOLE		0	0	3,325
ISHARES TR	RUS 1000 GRW ETF	464287614	645	7,038	SH		SOLE		0	0	7,038
ISHARES TR	RUS 1000 ETF	464287622	1,837	16,719	SH		SOLE		0	0	16,719
JACOBS ENGR GROUP INC DEL	COM	469814107	514	10,535	SH		SOLE		0	0	10,535
JOHNSON & JOHNSON	COM	478160104	19,660	184,450	SH		SOLE		0	0	184,450
JPMORGAN CHASE & CO	COM	46625H100	1,313	21,810	SH		SOLE		0	0	21,810
KIMBERLY CLARK CORP	COM	494368103	484	4,493	SH		SOLE		0	0	4,493
KINDER MORGAN ENERGY PARTNER	UT LTD PARTNER	494550106	10,208	109,438	SH		SOLE		0	0	109,438
KINDER MORGAN MANAGEMENT LLC	SHS	49455U100	577	6,124	SH		SOLE		0	0	6,124
LAUDER ESTEE COS INC	CL A	518439104	486	6,500	SH		SOLE		0	0	6,500
LEGG MASON INC	COM	524901105	6,551	128,044	SH		SOLE		0	0	128,044
LILLY ELI & CO	COM	532457108	279	4,296	SH		SOLE		0	0	4,296
LKQ CORP	COM	501889208	952	35,800	SH		SOLE		0	0	35,800
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	269	3,200	SH		SOLE		0	0	3,200
MANHATTAN ASSOCS INC	COM	562750109	286	8,544	SH		SOLE		0	0	8,544
MANULIFE FINL CORP	COM	56501R106	463	24,018	SH		SOLE		0	0	24,018
MARKEL CORP	COM	570535104	1,187	1,866	SH		SOLE		0	0	1,866
MASTERCARD INC	CL A	57636Q104	849	11,480	SH		SOLE		0	0	11,480
MCCORMICK & CO INC	COM VTG	579780107	3,227	48,153	SH		SOLE		0	0	48,153
MCCORMICK & CO INC	COM NON VTG	579780206	2,683	40,106	SH		SOLE		0	0	40,106
MCDONALDS CORP	COM	580135101	4,908	51,757	SH		SOLE		0	0	51,757
MERCK & CO INC NEW	COM	58933Y105	641	10,812	SH		SOLE		0	0	10,812
MERRIMACK PHARMACEUTICALS IN	COM	590328100	225	25,600	SH		SOLE		0	0	25,600
MICROCHIP TECHNOLOGY INC	COM	595017104	248	5,247	SH		SOLE		0	0	5,247
MICROSOFT CORP	COM	594918104	28,105	606,241	SH		SOLE		0	0	606,241
MIMEDX GROUP INC	COM	602496101	253	35,440	SH		SOLE		0	0	35,440
MOODYS CORP	COM	615369105	1,011	10,700	SH		SOLE		0	0	10,700
MORGAN STANLEY	COM NEW	617446448	598	17,285	SH		SOLE		0	0	17,285
NATIONAL OILWELL VARCO INC	COM	637071101	394	5,183	SH		SOLE		0	0	5,183
NEOGEN CORP	COM	640491106	20,070	508,097	SH		SOLE		0	0	508,097
NETAPP INC	COM	64110D104	593	13,800	SH		SOLE		0	0	13,800
NOBLE ENERGY INC	COM	655044105	9,176	134,234	SH		SOLE		0	0	134,234
NORFOLK SOUTHERN CORP	COM	655844108	7,824	70,100	SH		SOLE		0	0	70,100
NORTHEAST UTILS	COM	664397106	345	7,800	SH		SOLE		0	0	7,800
NOVO-NORDISK A S	ADR	670100205	620	13,030	SH		SOLE		0	0	13,030
NYMOX PHARMACEUTICAL CORP	COM	67076P102	301	69,250	SH		SOLE		0	0	69,250
OMEGA HEALTHCARE INVS INC	COM	681936100	17,979	525,844	SH		SOLE		0	0	525,844
ONEOK INC NEW	COM	682680103	284	4,336	SH		SOLE		0	0	4,336
ORACLE CORP	COM	68389X105	5,347	139,674	SH		SOLE		0	0	139,674
PARKER HANNIFIN CORP	COM	701094104	308	2,700	SH		SOLE		0	0	2,700
PATRIOT TRANSN HLDG INC	COM	70337B102	867	25,566	SH		SOLE		0	0	25,566
PEPSICO INC	COM	713448108	4,393	47,191	SH		SOLE		0	0	47,191
PFIZER INC	COM	717081103	1,629	55,092	SH		SOLE		0	0	55,092
PFIZER INC	PUT	717081953	8	25,000	SH	Put	SOLE		0	0	250
PHILIP MORRIS INTL INC	COM	718172109	2,260	27,099	SH		SOLE		0	0	27,099
PLUM CREEK TIMBER CO INC	COM	729251108	7,718	197,855	SH		SOLE		0	0	197,855
PNC FINL SVCS GROUP INC	COM	693475105	394	4,609	SH		SOLE		0	0	4,609
POTASH CORP SASK INC	COM	73755L107	651	18,830	SH		SOLE		0	0	18,830
POWERSHS DB US DOLLAR INDEX	DOLL INDX BEAR	73936D206	269	10,700	SH		SOLE		0	0	10,700
PRAXAIR INC	COM	74005P104	311	2,418	SH		SOLE		0	0	2,418
PRICE T ROWE GROUP INC	COM	74144T108	5,394	68,805	SH		SOLE		0	0	68,805
PRICESMART INC	COM	741511109	818	9,550	SH		SOLE		0	0	9,550
PROCTER & GAMBLE CO	COM	742718109	5,286	63,132	SH		SOLE		0	0	63,132
QLIK TECHNOLOGIES INC	COM	74733T105	5,968	220,725	SH		SOLE		0	0	220,725
QUALCOMM INC	COM	747525103	1,890	25,270	SH		SOLE		0	0	25,270
QUANTA SVCS INC	COM	74762E102	18,111	499,083	SH		SOLE		0	0	499,083
RANGE RES CORP	COM	75281A109	624	9,200	SH		SOLE		0	0	9,200
RAYONIER INC	COM	754907103	218	7,001	SH		SOLE		0	0	7,001
RED HAT INC	COM	756577102	1,009	17,975	SH		SOLE		0	0	17,975
REPUBLIC SVCS INC	COM	760759100	304	7,800	SH		SOLE		0	0	7,800
SCHEIN HENRY INC	COM	806407102	211	1,815	SH		SOLE		0	0	1,815
SCHLUMBERGER LTD	COM	806857108	1,132	11,124	SH		SOLE		0	0	11,124
SCRIPPS NETWORKS INTERACT IN	CL A COM	811065101	222	2,837	SH		SOLE		0	0	2,837
SEI INVESTMENTS CO	COM	784117103	955	26,400	SH		SOLE		0	0	26,400
SIGNET JEWELERS LIMITED	SHS	G81276100	570	5,003	SH		SOLE		0	0	5,003
SPDR GOLD TRUST	GOLD SHS	78463V107	30,463	262,135	SH		SOLE		0	0	262,135
SPDR S&P 500 ETF TR	TR UNIT	78462F103	424	2,152	SH		SOLE		0	0	2,152
STARBUCKS CORP	COM	855244109	448	5,931	SH		SOLE		0	0	5,931
STATE STR CORP	COM	857477103	532	7,230	SH		SOLE		0	0	7,230
STERICYCLE INC	COM	858912108	693	5,950	SH		SOLE		0	0	5,950
STUDENT TRANSN INC	COM	86388A108	4,028	644,500	SH		SOLE		0	0	644,500
SYSCO CORP	COM	871829107	287	7,575	SH		SOLE		0	0	7,575
TANGOE INC	COM	87582Y108	545	40,200	SH		SOLE		0	0	40,200
TARGET CORP	COM	87612E106	887	14,150	SH		SOLE		0	0	14,150
TESLA MTRS INC	COM	88160R101	298	1,230	SH		SOLE		0	0	1,230
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	243	4,518	SH		SOLE		0	0	4,518
THE ADT CORPORATION	COM	00101J106	4,003	112,899	SH		SOLE		0	0	112,899
THOMPSON CREEK METALS CO INC	COM	884768102	288	131,000	SH		SOLE		0	0	131,000
TJX COS INC NEW	COM	872540109	657	11,084	SH		SOLE		0	0	11,084
TORTOISE ENERGY INFRSTRCTR C	COM	89147L100	1,621	33,693	SH		SOLE		0	0	33,693
TRIMBLE NAVIGATION LTD	COM	896239100	880	28,822	SH		SOLE		0	0	28,822
TRINITY INDS INC	COM	896522109	5,850	125,207	SH		SOLE		0	0	125,207
TYCO INTERNATIONAL LTD	SHS	H89128104	9,894	221,993	SH		SOLE		0	0	221,993
TYLER TECHNOLOGIES INC	COM	902252105	221	2,500	SH		SOLE		0	0	2,500
UBS AG	SHS NEW	H89231338	369	21,250	SH		SOLE		0	0	21,250
UNDER ARMOUR INC	CL A	904311107	378	5,466	SH		SOLE		0	0	5,466
UNION PAC CORP	COM	907818108	452	4,170	SH		SOLE		0	0	4,170
UNITED PARCEL SERVICE INC	CL B	911312106	18,270	185,875	SH		SOLE		0	0	185,875
UNITED TECHNOLOGIES CORP	COM	913017109	4,447	42,116	SH		SOLE		0	0	42,116
UNITEDHEALTH GROUP INC	COM	91324P102	644	7,468	SH		SOLE		0	0	7,468
V F CORP	COM	918204108	607	9,200	SH		SOLE		0	0	9,200
VALMONT INDS INC	COM	920253101	337	2,500	SH		SOLE		0	0	2,500
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	255	3,177	SH		SOLE		0	0	3,177
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	1,332	16,255	SH		SOLE		0	0	16,255
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	289	2,900	SH		SOLE		0	0	2,900
VANGUARD INDEX FDS	MID CAP ETF	922908629	4,364	37,201	SH		SOLE		0	0	37,201
VANGUARD INDEX FDS	GROWTH ETF	922908736	3,062	30,724	SH		SOLE		0	0	30,724
VANGUARD INDEX FDS	VALUE ETF	922908744	2,759	33,978	SH		SOLE		0	0	33,978
VANGUARD INDEX FDS	SMALL CP ETF	922908751	797	7,201	SH		SOLE		0	0	7,201
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	965	9,526	SH		SOLE		0	0	9,526
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	566	9,376	SH		SOLE		0	0	9,376
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	2,212	44,917	SH		SOLE		0	0	44,917
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	309	3,865	SH		SOLE		0	0	3,865
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	1,337	15,594	SH		SOLE		0	0	15,594
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	13,876	180,319	SH		SOLE		0	0	180,319
VARIAN MED SYS INC	COM	92220P105	568	7,085	SH		SOLE		0	0	7,085
VERISK ANALYTICS INC	CL A	92345Y106	886	14,550	SH		SOLE		0	0	14,550
VERIZON COMMUNICATIONS INC	COM	92343V104	292	5,849	SH		SOLE		0	0	5,849
VISA INC	COM CL A	92826C839	9,461	44,338	SH		SOLE		0	0	44,338
VMWARE INC	CL A COM	928563402	338	3,600	SH		SOLE		0	0	3,600
WAGEWORKS INC	COM	930427109	1,016	22,300	SH		SOLE		0	0	22,300
WAL-MART STORES INC	COM	931142103	617	8,068	SH		SOLE		0	0	8,068
WALTER INVT MGMT CORP	COM	93317W102	351	16,000	SH		SOLE		0	0	16,000
WASTE CONNECTIONS INC	COM	941053100	817	16,850	SH		SOLE		0	0	16,850
WEINGARTEN RLTY INVS	SH BEN INT	948741103	3,892	123,540	SH		SOLE		0	0	123,540
WELLS FARGO & CO NEW	COM	949746101	10,327	199,092	SH		SOLE		0	0	199,092
WHIRLPOOL CORP	COM	963320106	352	2,421	SH		SOLE		0	0	2,421
WHITE MTNS INS GROUP LTD	COM	G9618E107	620	984	SH		SOLE		0	0	984
WILLIAMS COS INC DEL	COM	969457100	669	12,098	SH		SOLE		0	0	12,098
YUM BRANDS INC	COM	988498101	308	4,280	SH		SOLE		0	0	4,280