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
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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
YUM BRANDS INC	COM	988498101	312	4,280	SH		SOLE		0	0	4,280
WILLIAMS COS INC DEL	COM	969457100	544	12,098	SH		SOLE		0	0	12,098
WHITE MTNS INS GROUP LTD	COM	G9618E107	620	984	SH		SOLE		0	0	984
WHIRLPOOL CORP	COM	963320106	492	2,541	SH		SOLE		0	0	2,541
WELLS FARGO & CO NEW	COM	949746101	10,686	194,925	SH		SOLE		0	0	194,925
WEINGARTEN RLTY INVS	SH BEN INT	948741103	3,965	113,540	SH		SOLE		0	0	113,540
WALTER INVT MGMT CORP	COM	93317W102	264	16,000	SH		SOLE		0	0	16,000
WAL-MART STORES INC	COM	931142103	850	9,899	SH		SOLE		0	0	9,899
VMWARE INC	CL A COM	928563402	297	3,600	SH		SOLE		0	0	3,600
VISA INC	COM CL A	92826C839	11,330	43,210	SH		SOLE		0	0	43,210
VERIZON COMMUNICATIONS INC	COM	92343V104	289	6,184	SH		SOLE		0	0	6,184
VARIAN MED SYS INC	COM	92220P105	613	7,085	SH		SOLE		0	0	7,085
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	14,558	179,374	SH		SOLE		0	0	179,374
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	594	7,455	SH		SOLE		0	0	7,455
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	1,100	18,302	SH		SOLE		0	0	18,302
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	6,553	61,817	SH		SOLE		0	0	61,817
VANGUARD INDEX FDS	MID CAP ETF	922908629	3,921	31,730	SH		SOLE		0	0	31,730
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	365	3,451	SH		SOLE		0	0	3,451
VANGUARD INDEX FDS	GROWTH ETF	922908736	353	3,382	SH		SOLE		0	0	3,382
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	254	3,172	SH		SOLE		0	0	3,172
VALMONT INDS INC	COM	920253101	318	2,500	SH		SOLE		0	0	2,500
V F CORP	COM	918204108	689	9,200	SH		SOLE		0	0	9,200
UNITEDHEALTH GROUP INC	COM	91324P102	755	7,468	SH		SOLE		0	0	7,468
UNITED TECHNOLOGIES CORP	COM	913017109	4,729	41,126	SH		SOLE		0	0	41,126
UNITED PARCEL SERVICE INC	CL B	911312106	20,664	185,875	SH		SOLE		0	0	185,875
UNION PAC CORP	COM	907818108	497	4,170	SH		SOLE		0	0	4,170
UNDER ARMOUR INC	CL A	904311107	470	6,922	SH		SOLE		0	0	6,922
UBS GROUP AG	SHS	H42097107	379	22,250	SH		SOLE		0	0	22,250
TYCO INTL PLC	SHS	G91442106	9,694	221,025	SH		SOLE		0	0	221,025
TRINITY INDS INC	COM	896522109	3,621	129,263	SH		SOLE		0	0	129,263
TORTOISE ENERGY INFRSTRCTR C	COM	89147L100	1,404	32,072	SH		SOLE		0	0	32,072
TJX COS INC NEW	COM	872540109	823	12,007	SH		SOLE		0	0	12,007
TIME WARNER INC	COM NEW	887317303	299	3,503	SH		SOLE		0	0	3,503
THOMPSON CREEK METALS CO INC	COM	884768102	219	131,000	SH		SOLE		0	0	131,000
THE ADT CORPORATION	COM	00101J106	4,054	111,899	SH		SOLE		0	0	111,899
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	270	4,693	SH		SOLE		0	0	4,693
TESLA MTRS INC	COM	88160R101	274	1,230	SH		SOLE		0	0	1,230
TE CONNECTIVITY LTD	REG SHS	H84989104	221	3,497	SH		SOLE		0	0	3,497
TARGET CORP	COM	87612E106	1,016	13,378	SH		SOLE		0	0	13,378
SYSCO CORP	COM	871829107	482	12,142	SH		SOLE		0	0	12,142
STUDENT TRANSN INC	COM	86388A108	4,015	644,500	SH		SOLE		0	0	644,500
STRYKER CORP	COM	863667101	219	2,323	SH		SOLE		0	0	2,323
STATE STR CORP	COM	857477103	568	7,230	SH		SOLE		0	0	7,230
STARWOOD HOTELS&RESORTS WRLD	COM	85590A401	324	4,000	SH		SOLE		0	0	4,000
STARBUCKS CORP	COM	855244109	333	4,063	SH		SOLE		0	0	4,063
STANLEY BLACK & DECKER INC	COM	854502101	200	2,083	SH		SOLE		0	0	2,083
SPDR S&P 500 ETF TR	TR UNIT	78462F103	442	2,152	SH		SOLE		0	0	2,152
SPDR GOLD TRUST	GOLD SHS	78463V107	29,700	261,491	SH		SOLE		0	0	261,491
SOUTHERN CO	COM	842587107	265	5,391	SH		SOLE		0	0	5,391
SCHLUMBERGER LTD	COM	806857108	491	5,746	SH		SOLE		0	0	5,746
SCHEIN HENRY INC	COM	806407102	247	1,815	SH		SOLE		0	0	1,815
REPUBLIC SVCS INC	COM	760759100	261	6,475	SH		SOLE		0	0	6,475
QUEST DIAGNOSTICS INC	COM	74834L100	250	3,723	SH		SOLE		0	0	3,723
QUANTA SVCS INC	COM	74762E102	12,734	448,540	SH		SOLE		0	0	448,540
QUALCOMM INC	COM	747525103	1,070	14,390	SH		SOLE		0	0	14,390
QLIK TECHNOLOGIES INC	COM	74733T105	6,818	220,725	SH		SOLE		0	0	220,725
PROCTER & GAMBLE CO	COM	742718109	5,807	63,748	SH		SOLE		0	0	63,748
PRICE T ROWE GROUP INC	COM	74144T108	6,203	72,242	SH		SOLE		0	0	72,242
PRAXAIR INC	COM	74005P104	313	2,418	SH		SOLE		0	0	2,418
POWERSHS DB US DOLLAR INDEX	DOLL INDX BEAR	73936D206	254	10,700	SH		SOLE		0	0	10,700
PNC FINL SVCS GROUP INC	COM	693475105	366	4,009	SH		SOLE		0	0	4,009
PLUM CREEK TIMBER CO INC	COM	729251108	8,420	196,773	SH		SOLE		0	0	196,773
PHILIP MORRIS INTL INC	COM	718172109	2,397	29,435	SH		SOLE		0	0	29,435
PFIZER INC	COM	717081103	1,798	57,710	SH		SOLE		0	0	57,710
PEPSICO INC	COM	713448108	4,296	45,431	SH		SOLE		0	0	45,431
PENTAIR PLC	SHS	G7S00T104	3,380	50,890	SH		SOLE		0	0	50,890
PENN WEST PETE LTD NEW	COM	707887105	22	10,750	SH		SOLE		0	0	10,750
PARKER HANNIFIN CORP	COM	701094104	348	2,700	SH		SOLE		0	0	2,700
ORACLE CORP	COM	68389X105	6,297	140,024	SH		SOLE		0	0	140,024
ONEOK INC NEW	COM	682680103	216	4,336	SH		SOLE		0	0	4,336
OMEGA HEALTHCARE INVS INC	COM	681936100	20,545	525,844	SH		SOLE		0	0	525,844
O REILLY AUTOMOTIVE INC NEW	COM	67103H107	659	3,421	SH		SOLE		0	0	3,421
NYMOX PHARMACEUTICAL CORP	COM	67076P102	27	66,455	SH		SOLE		0	0	66,455
NOVO-NORDISK A S	ADR	670100205	556	13,130	SH		SOLE		0	0	13,130
NORTHEAST UTILS	COM	664397106	417	7,800	SH		SOLE		0	0	7,800
NORFOLK SOUTHERN CORP	COM	655844108	7,684	70,100	SH		SOLE		0	0	70,100
NOBLE ENERGY INC	COM	655044105	6,367	134,234	SH		SOLE		0	0	134,234
NETAPP INC	COM	64110D104	489	11,800	SH		SOLE		0	0	11,800
NEOGEN CORP	COM	640491106	24,601	496,097	SH		SOLE		0	0	496,097
NATIONAL OILWELL VARCO INC	COM	637071101	340	5,183	SH		SOLE		0	0	5,183
MORGAN STANLEY	COM NEW	617446448	686	17,678	SH		SOLE		0	0	17,678
MOLYCORP INC DEL	COM	608753109	10	10,800	SH		SOLE		0	0	10,800
MIMEDX GROUP INC	COM	602496101	358	31,059	SH		SOLE		0	0	31,059
MICROSOFT CORP	COM	594918104	28,112	605,218	SH		SOLE		0	0	605,218
MICROCHIP TECHNOLOGY INC	COM	595017104	237	5,247	SH		SOLE		0	0	5,247
METLIFE INC	COM	59156R108	257	4,745	SH		SOLE		0	0	4,745
MERRIMACK PHARMACEUTICALS IN	COM	590328100	289	25,600	SH		SOLE		0	0	25,600
MERCK & CO INC NEW	COM	58933Y105	692	12,192	SH		SOLE		0	0	12,192
MEDTRONIC INC	COM	585055106	260	3,598	SH		SOLE		0	0	3,598
MCDONALDS CORP	COM	580135101	4,604	49,133	SH		SOLE		0	0	49,133
MCCORMICK & CO INC	COM VTG	579780107	3,744	50,516	SH		SOLE		0	0	50,516
MCCORMICK & CO INC	COM NON VTG	579780206	3,474	46,753	SH		SOLE		0	0	46,753
MASTERCARD INC	CL A	57636Q104	803	9,315	SH		SOLE		0	0	9,315
MANULIFE FINL CORP	COM	56501R106	459	24,018	SH		SOLE		0	0	24,018
MANHATTAN ASSOCS INC	COM	562750109	348	8,544	SH		SOLE		0	0	8,544
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	777	9,396	SH		SOLE		0	0	9,396
LILLY ELI & CO	COM	532457108	306	4,431	SH		SOLE		0	0	4,431
LEGG MASON INC	COM	524901105	6,746	126,394	SH		SOLE		0	0	126,394
LAUDER ESTEE COS INC	CL A	518439104	495	6,500	SH		SOLE		0	0	6,500
L BRANDS INC	COM	501797104	79	152,257	SH		SOLE		0	0	152,257
KINDER MORGAN INC DEL	COM	49456B101	11,182	264,290	SH		SOLE		0	0	264,290
KIMBERLY CLARK CORP	COM	494368103	430	3,723	SH		SOLE		0	0	3,723
JPMORGAN CHASE & CO	COM	46625H100	1,208	19,304	SH		SOLE		0	0	19,304
JOHNSON & JOHNSON	COM	478160104	19,111	182,756	SH		SOLE		0	0	182,756
ISHARES TR	CORE S&P500 ETF	464287200	3,310	16,001	SH		SOLE		0	0	16,001
ISHARES TR	S&P 500 GRWT ETF	464287309	3,210	28,763	SH		SOLE		0	0	28,763
ISHARES TR	S&P 500 VAL ETF	464287408	2,483	26,477	SH		SOLE		0	0	26,477
ISHARES TR	RUS 1000 ETF	464287622	1,916	16,719	SH		SOLE		0	0	16,719
ISHARES TR	RUS 1000 GRW ETF	464287614	674	7,047	SH		SOLE		0	0	7,047
ISHARES TR	S&P MC 400GR ETF	464287606	531	3,325	SH		SOLE		0	0	3,325
ISHARES TR	NA TEC-SFTWR ETF	464287515	423	4,563	SH		SOLE		0	0	4,563
ISHARES TR	CORE S&P MCP ETF	464287507	382	2,641	SH		SOLE		0	0	2,641
ISHARES TR	RUS 1000 VAL ETF	464287598	337	3,231	SH		SOLE		0	0	3,231
ISHARES TR	NASDQ BIOTEC ETF	464287556	294	968	SH		SOLE		0	0	968
ISHARES TR	MSCI EMG MKT ETF	464287234	286	7,280	SH		SOLE		0	0	7,280
ISHARES	MSCI AUST ETF	464286103	8,346	376,450	SH		SOLE		0	0	376,450
ISHARES	NAT AMT FREE BD	464288414	347	3,144	SH		SOLE		0	0	3,144
INVESCO LTD	SHS	G491BT108	539	13,637	SH		SOLE		0	0	13,637
INTERNATIONAL BUSINESS MACHS	COM	459200101	5,465	34,061	SH		SOLE		0	0	34,061
INTEL CORP	COM	458140100	16,758	461,773	SH		SOLE		0	0	461,773
ILLINOIS TOOL WKS INC	COM	452308109	406	4,285	SH		SOLE		0	0	4,285
HONEYWELL INTL INC	COM	438516106	226	2,265	SH		SOLE		0	0	2,265
HOME DEPOT INC	COM	437076102	1,120	10,672	SH		SOLE		0	0	10,672
HCC INS HLDGS INC	COM	404132102	480	8,977	SH		SOLE		0	0	8,977
GOOGLE INC	CL A	38259P508	8,727	16,446	SH		SOLE		0	0	16,446
GOOGLE INC	CL C	38259P706	8,507	16,160	SH		SOLE		0	0	16,160
GOLDMAN SACHS GROUP INC	COM	38141G104	1,542	7,954	SH		SOLE		0	0	7,954
GERON CORP	COM	374163103	33	10,000	SH		SOLE		0	0	10,000
GENWORTH FINL INC	COM CL A	37247D106	112	13,230	SH		SOLE		0	0	13,230
GENERAL MLS INC	COM	370334104	363	6,800	SH		SOLE		0	0	6,800
GENERAL ELECTRIC CO	COM	369604103	9,754	385,997	SH		SOLE		0	0	385,997
FRP HLDGS INC	COM	30292L107	1,157	29,516	SH		SOLE		0	0	29,516
FRONTLINE LTD	SHS	G3682E127	40	16,000	SH		SOLE		0	0	16,000
FREEPORT-MCMORAN INC	CL B	35671D857	257	11,000	SH		SOLE		0	0	11,000
FORD MTR CO DEL	COM PAR $0.01	345370860	198	12,758	SH		SOLE		0	0	12,758
FIDUCIARY CLAYMORE MLP OPP F	COM	31647Q106	1,076	41,185	SH		SOLE		0	0	41,185
F5 NETWORKS INC	COM	315616102	1,168	8,953	SH		SOLE		0	0	8,953
EXXON MOBIL CORP	COM	30231G102	7,864	85,061	SH		SOLE		0	0	85,061
EXPRESS SCRIPTS HLDG CO	COM	30219G108	13,598	160,602	SH		SOLE		0	0	160,602
EXPEDITORS INTL WASH INC	COM	302130109	300	6,725	SH		SOLE		0	0	6,725
EQT CORP	COM	26884L109	204	2,700	SH		SOLE		0	0	2,700
ENTERPRISE PRODS PARTNERS L	COM	293792107	13,821	382,648	SH		SOLE		0	0	382,648
ECOLAB INC	COM	278865100	20,927	200,220	SH		SOLE		0	0	200,220
EATON CORP PLC	SHS	G29183103	501	7,377	SH		SOLE		0	0	7,377
EAGLE BANCORP INC MD	COM	268948106	320	9,022	SH		SOLE		0	0	9,022
E M C CORP MASS	COM	268648102	448	15,080	SH		SOLE		0	0	15,080
DUKE ENERGY CORP NEW	COM NEW	26441C204	300	3,591	SH		SOLE		0	0	3,591
DU PONT E I DE NEMOURS & CO	COM	263534109	371	5,020	SH		SOLE		0	0	5,020
DONALDSON INC	COM	257651109	12,168	314,996	SH		SOLE		0	0	314,996
DISNEY WALT CO	COM DISNEY	254687106	1,972	20,932	SH		SOLE		0	0	20,932
DIAGEO P L C	SPON ADR NEW	25243Q205	4,159	36,823	SH		SOLE		0	0	36,823
DELTA AIR LINES INC DEL	COM NEW	247361702	400	8,125	SH		SOLE		0	0	8,125
DEERE & CO	COM	244199105	344	3,892	SH		SOLE		0	0	3,892
DANAHER CORP DEL	COM	235851102	2,401	28,010	SH		SOLE		0	0	28,010
CVS HEALTH CORP	COM	126650100	2,326	24,146	SH		SOLE		0	0	24,146
CUMMINS INC	COM	231021106	234	1,625	SH		SOLE		0	0	1,625
CROWN CASTLE INTL CORP NEW	COM	22822V101	236	2,995	SH		SOLE		0	0	2,995
CREDIT SUISSE GROUP	SPONSORED ADR	225401108	401	16,000	SH		SOLE		0	0	16,000
COVIDIEN PLC	SHS	G2554F113	683	6,675	SH		SOLE		0	0	6,675
COSTCO WHSL CORP NEW	COM	22160K105	740	5,220	SH		SOLE		0	0	5,220
CONOCOPHILLIPS	COM	20825C104	649	9,393	SH		SOLE		0	0	9,393
COLGATE PALMOLIVE CO	COM	194162103	442	6,388	SH		SOLE		0	0	6,388
COCA COLA CO	COM	191216100	1,200	28,433	SH		SOLE		0	0	28,433
CLAYMORE EXCHANGE TRD FD TR	GUGG BULL 2015	18383M423	698	26,990	SH		SOLE		0	0	26,990
CLAYMORE EXCHANGE TRD FD TR	GUG BLT2016 HY	18383M415	528	20,400	SH		SOLE		0	0	20,400
CLAYMORE EXCHANGE TRD FD TR	GUG BLT2017 HY	18383M399	360	13,855	SH		SOLE		0	0	13,855
CITIGROUP INC	COM NEW	172967424	1,169	21,607	SH		SOLE		0	0	21,607
CISCO SYS INC	COM	17275R102	14,093	506,667	SH		SOLE		0	0	506,667
CHEVRON CORP NEW	COM	166764100	3,008	26,813	SH		SOLE		0	0	26,813
CERNER CORP	COM	156782104	323	5,000	SH		SOLE		0	0	5,000
CEPHEID	COM	15670R107	14,477	267,402	SH		SOLE		0	0	267,402
CELGENE CORP	COM	151020104	778	6,953	SH		SOLE		0	0	6,953
CATERPILLAR INC DEL	COM	149123101	5,948	64,980	SH		SOLE		0	0	64,980
CAPITAL ONE FINL CORP	COM	14040H105	12,437	150,658	SH		SOLE		0	0	150,658
CANADIAN PAC RY LTD	COM	13645T100	10,244	53,165	SH		SOLE		0	0	53,165
CANADIAN NATL RY CO	COM	136375102	2,626	38,110	SH		SOLE		0	0	38,110
BUCKEYE PARTNERS L P	UNIT LTD PARTN	118230101	212	2,806	SH		SOLE		0	0	2,806
BRISTOL MYERS SQUIBB CO	COM	110122108	462	7,821	SH		SOLE		0	0	7,821
BP PLC	SPONSORED ADR	055622104	347	9,101	SH		SOLE		0	0	9,101
BORGWARNER INC	COM	099724106	207	3,759	SH		SOLE		0	0	3,759
BOEING CO	COM	097023105	206	1,582	SH		SOLE		0	0	1,582
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	1,625	10,825	SH		SOLE		0	0	10,825
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	1,130	500	SH		SOLE		0	0	500
BECTON DICKINSON & CO	COM	075887109	1,698	12,200	SH		SOLE		0	0	12,200
BCE INC	COM NEW	05534B760	320	6,988	SH		SOLE		0	0	6,988
BAY BANCORP INC	COM	07203T106	209	47,593	SH		SOLE		0	0	47,593
BANK AMER CORP	COM	060505104	735	43,489	SH		SOLE		0	0	43,489
AUTOMATIC DATA PROCESSING IN	COM	053015103	242	2,909	SH		SOLE		0	0	2,909
AUTOLIV INC	COM	052800109	257	2,425	SH		SOLE		0	0	2,425
AT&T INC	COM	00206R102	272	8,105	SH		SOLE		0	0	8,105
ASHFORD INC	COM	044104107	282	3,005	SH		SOLE		0	0	3,005
ASHFORD HOSPITALITY TR INC	COM SHS	044103109	2,744	261,845	SH		SOLE		0	0	261,845
ASHFORD HOSPITALITY PRIME IN	COM	044102101	664	38,677	SH		SOLE		0	0	38,677
ARCH COAL	COM	039380100	29	16,225	SH		SOLE		0	0	16,225
ARCH CAP GROUP LTD	ORD	G0450A105	443	7,500	SH		SOLE		0	0	7,500
APPLE INC	COM	037833100	21,116	191,300	SH		SOLE		0	0	191,300
AMGEN INC	COM	031162100	1,007	6,319	SH		SOLE		0	0	6,319
AMERICAN WTR WKS CO INC NEW	COM	030420103	421	7,900	SH		SOLE		0	0	7,900
AMERICAN TOWER CORP NEW	COM	03027X100	11,813	119,500	SH		SOLE		0	0	119,500
AMERICAN INTL GROUP INC	*W EXP 01/19/202	026874156	14	21,776	SH		SOLE		0	0	21,776
AMERICAN EXPRESS CO	COM	025816109	1,195	12,845	SH		SOLE		0	0	12,845
AMERICA MOVIL SAB DE CV	SPON ADR L SHS	02364W105	236	10,638	SH		SOLE		0	0	10,638
ALTRIA GROUP INC	COM	02209S103	1,468	29,799	SH		SOLE		0	0	29,799
ALPHA NATURAL RESOURCES INC	COM	02076X102	19	11,500	SH		SOLE		0	0	11,500
ALLIED NEVADA GOLD CORP	COM	019344100	36	41,500	SH		SOLE		0	0	41,500
ALLERGAN INC	COM	018490102	1,024	4,815	SH		SOLE		0	0	4,815
ALEXION PHARMACEUTICALS INC	COM	015351109	389	2,105	SH		SOLE		0	0	2,105
ALCOA INC	COM	013817101	351	22,221	SH		SOLE		0	0	22,221
AFLAC INC	COM	001055102	598	9,781	SH		SOLE		0	0	9,781
AFFILIATED MANAGERS GROUP	COM	008252108	352	1,658	SH		SOLE		0	0	1,658
ACTAVIS PLC	SHS	G0083B108	430	1,670	SH		SOLE		0	0	1,670
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	920	10,302	SH		SOLE		0	0	10,302
ABBVIE INC	COM	00287Y109	685	10,472	SH		SOLE		0	0	10,472
ABBOTT LABS	COM	002824100	3,799	84,393	SH		SOLE		0	0	84,393
3M CO	COM	88579Y101	5,048	30,719	SH		SOLE		0	0	30,719