Copeland 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
3M COMPANY	COM	88579Y101	203	1,500	SH		SOLE	0	1,500	0	0
A T & T INC NEW	COM	00206R102	202	5,764	SH		SOLE	0	4,735	0	1,029
ABBOTT LABORATORIES	COM	002824100	10,769	279,648	SH		SOLE	0	277,184	0	2,464
ABBOTT LABORATORIES	COM	002824100	52	1,344	SH		DFND	0	1,344	0	0
ABBVIE INC	COM	00287Y109	285	5,536	SH		SOLE	0	5,428	0	108
ABBVIE INC	COM	00287Y109	51	1,000	SH		DFND	0	1,000	0	0
ACCENTURE PLC	COM	G1151C101	13,528	169,689	SH		SOLE	0	168,199	0	1,490
ACCENTURE PLC	COM	G1151C101	2,979	37,366	SH		DFND	2	0	0	37,366
ACCENTURE PLC	COM	G1151C101	89	1,120	SH		DFND	0	182	0	938
ACCENTURE PLC	COM	G1151C101	13	161	SH		DFND	3	161	0	0
ACE LTD	COM	H0023R105	714	7,205	SH		SOLE	0	7,205	0	0
AIRGAS	COM	009363102	12,972	121,789	SH		SOLE	0	120,812	0	977
AIRGAS	COM	009363102	2,818	26,457	SH		DFND	2	0	0	26,457
AIRGAS	COM	009363102	118	1,107	SH		DFND	0	404	0	703
AIRGAS	COM	009363102	14	133	SH		DFND	3	133	0	0
ALBEMARLE	COM	012653101	337	5,080	SH		SOLE	0	5,080	0	0
ALBEMARLE	COM	012653101	16	246	SH		DFND	3	246	0	0
ALLIANCE RES PARTNERS LP	COM	01877R108	243	2,893	SH		SOLE	0	2,893	0	0
ALTRIA GROUP INC	COM	02209S103	332	8,864	SH		SOLE	0	8,514	0	350
AMERICAN STATES WATER COMPANY	COM	029899101	96	2,964	SH		SOLE	0	2,964	0	0
AMERICAN TOWER	COM	03027X100	1,185	14,476	SH		SOLE	0	14,476	0	0
AMERICAN TOWER	COM	03027X100	13	164	SH		DFND	3	164	0	0
AMERIPRISE FINANCIAL INC	COM	03076C106	13,441	122,117	SH		SOLE	0	121,303	0	814
AMERIPRISE FINANCIAL INC	COM	03076C106	3,436	31,219	SH		DFND	2	0	0	31,219
AMERIPRISE FINANCIAL INC	COM	03076C106	108	981	SH		DFND	0	194	0	787
AMERIPRISE FINANCIAL INC	COM	03076C106	18	163	SH		DFND	3	163	0	0
AMTRUST FINANCIAL SERVICES	COM	032359309	12,283	326,601	SH		SOLE	0	326,601	0	0
AMTRUST FINANCIAL SERVICES	COM	032359309	1,507	40,071	SH		DFND	2	0	0	40,071
AMTRUST FINANCIAL SERVICES	COM	032359309	39	1,025	SH		DFND	0	0	0	1,025
AMTRUST FINANCIAL SERVICES	COM	032359309	15	407	SH		DFND	3	407	0	0
ANADARKO PETE CORP	COM	032511107	678	8,000	SH		SOLE	0	8,000	0	0
APACHE CORP	COM	037411105	553	6,666	SH		SOLE	0	6,666	0	0
APPLE INC	COM	037833100	1,133	2,111	SH		SOLE	0	2,111	0	0
AUTO DATA PROCESSING	COM	053015103	1,048	13,565	SH		SOLE	0	12,139	0	1,426
AUTO DATA PROCESSING	COM	053015103	42	542	SH		DFND	0	542	0	0
B&G FOODS INC	COM	05508R106	80	2,653	SH		SOLE	0	2,653	0	0
BANK OF THE OZARKS INC	COM	063904106	12,052	177,075	SH		SOLE	0	177,075	0	0
BANK OF THE OZARKS INC	COM	063904106	3,628	53,308	SH		DFND	2	0	0	53,308
BANK OF THE OZARKS INC	COM	063904106	94	1,376	SH		DFND	0	0	0	1,376
BANK OF THE OZARKS INC	COM	063904106	21	311	SH		DFND	3	311	0	0
BARRETT BUSINESS SERVICES INC.	COM	068463108	90	1,509	SH		SOLE	0	1,509	0	0
BAXTER INTL INC	COM	071813109	12,509	170,010	SH		SOLE	0	168,703	0	0
BAXTER INTL INC	COM	071813109	2,240	30,440	SH		DFND	2	0	0	30,440
BAXTER INTL INC	COM	071813109	69	932	SH		DFND	0	169	0	763
BAXTER INTL INC	COM	071813109	13	170	SH		DFND	3	170	0	0
BLACKROCK INC	COM	09247X101	778	2,474	SH		SOLE	0	2,168	0	306
BLACKROCK INC	COM	09247X101	47	151	SH		DFND	0	151	0	0
BRINKER INTL	COM	109641100	10,427	198,802	SH		SOLE	0	198,802	0	0
CANADIAN NATIONAL RAILWAY	COM	136375102	921	16,382	SH		SOLE	0	14,451	0	1,931
CANADIAN NATIONAL RAILWAY	COM	136375102	18	320	SH		DFND	0	320	0	0
CARBO CERAMICS INC	COM	140781105	9,270	67,177	SH		SOLE	0	67,177	0	0
CARBO CERAMICS INC	COM	140781105	2,499	18,113	SH		DFND	2	0	0	18,113
CARBO CERAMICS INC	COM	140781105	63	455	SH		DFND	0	0	0	455
CARBO CERAMICS INC	COM	140781105	15	108	SH		DFND	3	108	0	0
CARDINAL HEALTH	COM	14149Y108	12,041	172,067	SH		SOLE	0	172,067	0	0
CARDINAL HEALTH	COM	14149Y108	3,417	48,822	SH		DFND	2	0	0	48,822
CARDINAL HEALTH	COM	14149Y108	86	1,232	SH		DFND	0	0	0	1,232
CASEYS GEN STORES	COM	147528103	11,725	173,477	SH		SOLE	0	173,477	0	0
CASEYS GEN STORES	COM	147528103	3,086	45,652	SH		DFND	2	0	0	45,652
CASEYS GEN STORES	COM	147528103	79	1,169	SH		DFND	0	0	0	1,169
CASEYS GEN STORES	COM	147528103	13	193	SH		DFND	3	193	0	0
CATERPILLAR	COM	149123101	9,465	95,254	SH		SOLE	0	95,254	0	0
CHEMED CORP	COM	16359R103	9,706	108,503	SH		SOLE	0	108,503	0	0
CHEVRON	COM	166764100	1,538	12,935	SH		SOLE	0	12,815	0	120
CHURCH & DWIGHT	COM	171340102	14,281	206,766	SH		SOLE	0	205,179	0	1,587
CHURCH & DWIGHT	COM	171340102	2,157	31,233	SH		DFND	2	0	0	31,233
CHURCH & DWIGHT	COM	171340102	68	990	SH		DFND	0	205	0	785
CHURCH & DWIGHT	COM	171340102	14	197	SH		DFND	3	197	0	0
CHURCHILL DOWNS INC	COM	171484108	85	936	SH		SOLE	0	936	0	0
COCA COLA COMPANY	COM	191216100	231	5,965	SH		SOLE	0	5,965	0	0
COCA COLA ENTERPRISES INC	COM	19122t109	424	8,874	SH		SOLE	0	8,874	0	0
COLGATE-PALMOLIVE	COM	194162103	2,318	35,736	SH		SOLE	0	34,304	0	1,432
COLGATE-PALMOLIVE	COM	194162103	46	715	SH		DFND	0	715	0	0
COLGATE-PALMOLIVE	COM	194162103	13	194	SH		DFND	3	194	0	0
COMCAST CORP	COM	20030N200	12,959	265,710	SH		SOLE	0	263,813	0	1,897
COMCAST CORP	COM	20030N200	2,924	59,946	SH		DFND	2	0	0	59,946
COMCAST CORP	COM	20030N200	125	2,573	SH		DFND	0	1,052	0	1,521
COMCAST CORP	COM	20030N200	14	294	SH		DFND	3	294	0	0
COMPASS MINERALS INTL	COM	20451N101	100	1,207	SH		SOLE	0	1,207	0	0
COMPUTER PROGRAMS & SYSTEMS	COM	205306103	98	1,521	SH		SOLE	0	1,521	0	0
COPA HOLDINGS S.A. CL A	COM	P31076105	794	5,468	SH		SOLE	0	5,468	0	0
CORE LABORATORIES NV	COM	N22717107	8,063	40,632	SH		SOLE	0	40,632	0	0
CORE LABORATORIES NV	COM	N22717107	2,310	11,640	SH		DFND	2	0	0	11,640
CORE LABORATORIES NV	COM	N22717107	58	294	SH		DFND	0	0	0	294
CORE-MARK HOLDING COMPANY	COM	218681104	79	1,082	SH		SOLE	0	1,082	0	0
CORPORATE EXECUTIVE BOARD CO	COM	21988R102	329	4,428	SH		SOLE	0	4,428	0	0
CORPORATE EXECUTIVE BOARD CO	COM	21988R102	14	195	SH		DFND	3	195	0	0
COSTCO WHOLESALE	COM	22160K105	11,071	99,132	SH		SOLE	0	99,132	0	0
COVIDIEN PLC	COM	G2554F113	13,705	186,059	SH		SOLE	0	185,063	0	996
COVIDIEN PLC	COM	G2554F113	2,821	38,294	SH		DFND	2	0	0	38,294
COVIDIEN PLC	COM	G2554F113	115	1,556	SH		DFND	0	583	0	973
CUMMINS	COM	231021106	13,044	87,551	SH		SOLE	0	86,815	0	736
CUMMINS	COM	231021106	2,282	15,319	SH		DFND	2	0	0	15,319
CUMMINS	COM	231021106	76	513	SH		DFND	0	110	0	403
CUMMINS	COM	231021106	14	94	SH		DFND	3	94	0	0
CVS CAREMARK	COM	126650100	16,090	214,935	SH		SOLE	0	213,368	0	1,567
CVS CAREMARK	COM	126650100	2,732	36,493	SH		DFND	2	0	0	36,493
CVS CAREMARK	COM	126650100	87	1,158	SH		DFND	0	250	0	908
CVS CAREMARK	COM	126650100	17	221	SH		DFND	3	221	0	0
DELEK US HOLDINGS, INC.	COM	246647101	89	3,077	SH		SOLE	0	3,077	0	0
DISNEY WALT CO	COM	254687106	1,302	16,262	SH		SOLE	0	16,262	0	0
DR PEPPER SNAPPLE GROUP INC	COM	26138E109	343	6,295	SH		SOLE	0	5,995	0	300
ECOLAB	COM	278865100	15,450	143,067	SH		SOLE	0	142,334	0	733
ECOLAB	COM	278865100	3,198	29,609	SH		DFND	2	0	0	29,609
ECOLAB	COM	278865100	128	1,186	SH		DFND	0	436	0	750
ENBRIDGE INC	COM	29250N105	9,542	209,661	SH		SOLE	0	209,661	0	0
ENBRIDGE INC	COM	29250N105	2,420	53,180	SH		DFND	2	0	0	53,180
ENBRIDGE INC	COM	29250N105	61	1,339	SH		DFND	0	0	0	1,339
ENLINK MIDSTREAM LLC	COM	29336T100	46	1,358	SH		SOLE	0	1,358	0	0
ENTERPRISE PRD PRTNRS LP	COM	293792107	979	14,109	SH		SOLE	0	12,809	0	1,300
EXPEDITORS INTL WASH	COM	302130109	132	3,320	SH		SOLE	0	3,320	0	0
EXXON MOBIL CORPORATION	COM	30231G102	995	10,188	SH		SOLE	0	9,388	0	800
FACTSET RESEARCH SYSTEMS	COM	303075105	379	3,517	SH		SOLE	0	3,517	0	0
G&K SERVICES, INC. CLASS A	COM	361268105	88	1,437	SH		SOLE	0	1,437	0	0
GENERAL ELECTRIC COMPANY	COM	369604103	2,336	90,240	SH		SOLE	0	90,057	0	183
GENERAL ELECTRIC COMPANY	COM	369604103	65	2,500	SH		DFND	0	2,500	0	0
GENESIS ENERGY LP	COM	371927104	10,564	194,915	SH		SOLE	0	194,915	0	0
GNC HOLDINGS	COM	36191G107	159	3,615	SH		SOLE	0	3,615	0	0
GNC HOLDINGS	COM	36191G107	13	284	SH		DFND	3	284	0	0
GRAINGER W W	COM	384802104	12,285	48,621	SH		SOLE	0	48,300	0	321
GRAINGER W W	COM	384802104	2,033	8,045	SH		DFND	2	0	0	8,045
GRAINGER W W	COM	384802104	91	359	SH		DFND	0	141	0	218
GRAINGER W W	COM	384802104	14	54	SH		DFND	3	54	0	0
HEALTHCARE SERVICES GROUP	COM	421906108	299	10,288	SH		SOLE	0	10,288	0	0
HEARTLAND PAYMENT SYSTEMS	COM	42235N108	80	1,942	SH		SOLE	0	1,942	0	0
HEICO CORP CL A	COM	422806208	202	4,658	SH		SOLE	0	4,658	0	0
HEICO CORP CL A	COM	422806208	18	406	SH		DFND	3	406	0	0
HELMERICH & PAYNE INC	COM	423452101	15,790	146,806	SH		SOLE	0	146,806	0	0
HELMERICH & PAYNE INC	COM	423452101	3,132	29,121	SH		DFND	2	0	0	29,121
HELMERICH & PAYNE INC	COM	423452101	80	746	SH		DFND	0	0	0	746
HENRY JACK & ASSOC	COM	426281101	11,930	213,947	SH		SOLE	0	213,947	0	0
HENRY JACK & ASSOC	COM	426281101	2,770	49,671	SH		DFND	2	0	0	49,671
HENRY JACK & ASSOC	COM	426281101	71	1,268	SH		DFND	0	0	0	1,268
HOLLYFRONTIER CORP	COM	436106108	111	2,329	SH		SOLE	0	2,329	0	0
HOME BANCSHARES INC	COM	436893200	107	3,096	SH		SOLE	0	3,096	0	0
HOME DEPOT	COM	437076102	11,977	151,364	SH		SOLE	0	150,257	0	1,107
HOME DEPOT	COM	437076102	36	450	SH		DFND	0	450	0	0
ILLINOIS TOOL WORKS	COM	452308109	256	3,150	SH		SOLE	0	3,150	0	0
INNOPHOS HOLDINGS INC	COM	45774N108	75	1,324	SH		SOLE	0	1,324	0	0
INTL BUSINESS MACHINES	COM	459200101	223	1,160	SH		SOLE	0	780	0	380
ITC HOLDINGS CORP.	COM	465685105	11,892	318,392	SH		SOLE	0	318,392	0	0
ITC HOLDINGS CORP.	COM	465685105	2,094	56,056	SH		DFND	2	0	0	56,056
ITC HOLDINGS CORP.	COM	465685105	53	1,424	SH		DFND	0	0	0	1,424
J & J SNACK FOODS CORP	COM	466032109	353	3,675	SH		SOLE	0	3,675	0	0
J & J SNACK FOODS CORP	COM	466032109	15	152	SH		DFND	3	152	0	0
J2 GLOBAL COMMUNICATIONS INC	COM	48123V102	172	3,429	SH		SOLE	0	3,429	0	0
J2 GLOBAL COMMUNICATIONS INC	COM	48123V102	14	279	SH		DFND	3	279	0	0
JOHNSON & JOHNSON	COM	478160104	527	5,364	SH		SOLE	0	5,364	0	0
JOHNSON & JOHNSON	COM	478160104	147	1,500	SH		DFND	0	1,500	0	0
KANSAS CITY SOUTHERN	COM	485170302	134	1,315	SH		SOLE	0	1,315	0	0
KINDER MORGAN INC	COM	49456B101	9,950	306,250	SH		SOLE	0	303,865	0	2,385
KINDER MORGAN INC	COM	49456B101	2,450	75,412	SH		DFND	2	0	0	75,412
KINDER MORGAN INC	COM	49456B101	97	2,979	SH		DFND	0	1,052	0	1,927
KINDER MORGAN INC	COM	49456B101	9	292	SH		DFND	3	292	0	0
LAZARD LTD	COM	G54050102	12,828	272,422	SH		SOLE	0	270,363	0	2,059
LAZARD LTD	COM	G54050102	38	800	SH		DFND	0	800	0	0
LINDSAY MFG CO	COM	535555106	69	785	SH		SOLE	0	785	0	0
LOCKHEED MARTIN	COM	539830109	12,991	79,585	SH		SOLE	0	79,585	0	0
LOCKHEED MARTIN	COM	539830109	2,798	17,142	SH		DFND	2	0	0	17,142
LOCKHEED MARTIN	COM	539830109	67	411	SH		DFND	0	0	0	411
MC DONALDS CORP	COM	580135101	322	3,285	SH		SOLE	0	3,205	0	80
MEAD JOHNSON NUTRITION CO	COM	582839106	7,608	91,506	SH		SOLE	0	91,506	0	0
MEAD JOHNSON NUTRITION CO	COM	582839106	2,753	33,116	SH		DFND	2	0	0	33,116
MEAD JOHNSON NUTRITION CO	COM	582839106	71	850	SH		DFND	0	0	0	850
MONOTYPE IMAGING HOLDINGS INC	COM	61022P100	107	3,537	SH		SOLE	0	3,537	0	0
MONSANTO	COM	61166W101	13,276	116,695	SH		SOLE	0	116,695	0	0
MONSANTO	COM	61166W101	2,497	21,951	SH		DFND	2	0	0	21,951
MONSANTO	COM	61166W101	63	556	SH		DFND	0	0	0	556
MONSANTO	COM	61166W101	12	109	SH		DFND	3	109	0	0
MOVADO GROUP, INC.	COM	624580106	88	1,935	SH		SOLE	0	1,935	0	0
MSC INDL DIRECT INC CL A	COM	553530106	1,485	17,161	SH		SOLE	0	17,161	0	0
NATIONAL OILWELL VARCO	COM	637071101	13,959	179,264	SH		SOLE	0	178,273	0	991
NATIONAL OILWELL VARCO	COM	637071101	2,059	26,445	SH		DFND	2	0	0	26,445
NATIONAL OILWELL VARCO	COM	637071101	90	1,157	SH		DFND	0	480	0	677
NATIONAL OILWELL VARCO	COM	637071101	13	166	SH		DFND	3	166	0	0
NEWMARKET	COM	651587107	16,513	42,257	SH		SOLE	0	41,928	0	329
NEWMARKET	COM	651587107	16	40	SH		DFND	0	40	0	0
NEWMARKET	COM	651587107	16	42	SH		DFND	3	42	0	0
NORDSON	COM	655663102	9,558	135,597	SH		SOLE	0	135,597	0	0
NORDSON	COM	655663102	2,655	37,669	SH		DFND	2	0	0	37,669
NORDSON	COM	655663102	67	945	SH		DFND	0	0	0	945
NORDSON	COM	655663102	12	173	SH		DFND	3	173	0	0
NORFOLK SOUTHERN CORP	COM	655844108	1,662	17,100	SH		SOLE	0	17,100	0	0
NOVO-NORDISK ADR	COM	670100205	11,996	262,791	SH		SOLE	0	261,494	0	1,297
NOVO-NORDISK ADR	COM	670100205	3,463	75,871	SH		DFND	2	0	0	75,871
NOVO-NORDISK ADR	COM	670100205	109	2,382	SH		DFND	0	395	0	1,987
NOVO-NORDISK ADR	COM	670100205	14	315	SH		DFND	3	315	0	0
NRG YIELD INC-CLASS A	COM	62942X108	92	2,319	SH		SOLE	0	2,319	0	0
NU SKIN ENTERPRISES	COM	67018T105	9,655	116,540	SH		SOLE	0	116,004	0	536
NU SKIN ENTERPRISES	COM	67018T105	24	285	SH		DFND	0	285	0	0
OMEGA HLTHCARE INVS INC REIT	COM	681936100	9,957	297,052	SH		SOLE	0	297,052	0	0
OMEGA HLTHCARE INVS INC REIT	COM	681936100	2,323	69,296	SH		DFND	2	0	0	69,296
OMEGA HLTHCARE INVS INC REIT	COM	681936100	59	1,757	SH		DFND	0	0	0	1,757
OMEGA HLTHCARE INVS INC REIT	COM	681936100	15	433	SH		DFND	3	433	0	0
ONCOSEC MEDICAL	COM	68234L108	15	20,000	SH		SOLE	0	20,000	0	0
ONEOK INC	COM	682680103	13,672	230,759	SH		SOLE	0	229,245	0	1,514
ONEOK INC	COM	682680103	2,480	41,860	SH		DFND	2	0	0	41,860
ONEOK INC	COM	682680103	77	1,297	SH		DFND	0	235	0	1,062
ONEOK INC	COM	682680103	14	229	SH		DFND	3	229	0	0
PARKER-HANNIFIN CORP	COM	701094104	1,662	13,887	SH		SOLE	0	13,887	0	0
PARKER-HANNIFIN CORP	COM	701094104	13	112	SH		DFND	3	112	0	0
PETSMART	COM	716768106	12,743	184,919	SH		SOLE	0	183,784	0	1,135
PETSMART	COM	716768106	2,242	32,541	SH		DFND	2	0	0	32,541
PETSMART	COM	716768106	101	1,469	SH		DFND	0	637	0	832
PETSMART	COM	716768106	12	170	SH		DFND	3	170	0	0
PFIZER	COM	717081103	243	7,562	SH		SOLE	0	7,562	0	0
PFIZER	COM	717081103	83	2,579	SH		DFND	0	2,579	0	0
PHILIP MORRIS INTL	COM	718172109	1,310	16,004	SH		SOLE	0	15,844	0	160
PHILIP MORRIS INTL	COM	718172109	16	198	SH		DFND	3	198	0	0
PHILLIPS 66	COM	718546104	12,204	158,366	SH		SOLE	0	158,366	0	0
PHILLIPS 66	COM	718546104	2,843	36,889	SH		DFND	2	0	0	36,889
PHILLIPS 66	COM	718546104	72	940	SH		DFND	0	0	0	940
PHILLIPS 66	COM	718546104	15	195	SH		DFND	3	195	0	0
PHILLIPS 66 PARTNERS, LP	COM	718549207	111	2,288	SH		SOLE	0	2,288	0	0
POLARIS INDUSTRIES	COM	731068102	12,218	87,452	SH		SOLE	0	86,675	0	777
POLARIS INDUSTRIES	COM	731068102	3,498	25,041	SH		DFND	2	0	0	25,041
POLARIS INDUSTRIES	COM	731068102	147	1,055	SH		DFND	0	417	0	638
POLARIS INDUSTRIES	COM	731068102	18	126	SH		DFND	3	126	0	0
POOL CORP	COM	73278L105	121	1,970	SH		SOLE	0	1,970	0	0
PRAXAIR INC	COM	74005P104	2,612	19,943	SH		SOLE	0	19,115	0	828
PRAXAIR INC	COM	74005P104	16	120	SH		DFND	0	120	0	0
PROSPERITY BANCSHARES	COM	743606105	108	1,629	SH		SOLE	0	1,629	0	0
QUALCOMM	COM	747525103	16,832	213,444	SH		SOLE	0	212,301	0	1,143
QUALCOMM	COM	747525103	3,184	40,380	SH		DFND	2	0	0	40,380
QUALCOMM	COM	747525103	131	1,657	SH		DFND	0	588	0	1,069
QUALCOMM	COM	747525103	13	166	SH		DFND	3	166	0	0
RAVEN INDUSTRIES INC	COM	754212108	87	2,654	SH		SOLE	0	2,654	0	0
RETAIL OPPORTUNITY INVST CORP	COM	76131N101	172	11,486	SH		SOLE	0	11,486	0	0
RETAIL OPPORTUNITY INVST CORP	COM	76131N101	14	908	SH		DFND	3	908	0	0
RITCHIE BROS AUCTIONEERS	COM	767744105	103	4,274	SH		SOLE	0	4,274	0	0
ROCKWELL AUTOMATION	COM	773903109	949	7,618	SH		SOLE	0	6,986	0	632
ROCKWELL AUTOMATION	COM	773903109	40	325	SH		DFND	0	325	0	0
ROSS STORES	COM	778296103	2,427	33,911	SH		SOLE	0	32,177	0	1,734
ROSS STORES	COM	778296103	48	671	SH		DFND	0	671	0	0
ROSS STORES	COM	778296103	13	180	SH		DFND	3	180	0	0
SCRIPPS NETWORK INTERACTIVE, I	COM	811065101	173	2,274	SH		SOLE	0	2,274	0	0
SCRIPPS NETWORK INTERACTIVE, I	COM	811065101	13	175	SH		DFND	3	175	0	0
SEADRILL LTD F	COM	G7945E105	1,466	41,683	SH		SOLE	0	41,683	0	0
SEADRILL LTD F	COM	G7945E105	14	401	SH		DFND	3	401	0	0
SEMGROUP CORPORATION CLASS A	COM	81663A105	90	1,369	SH		SOLE	0	1,369	0	0
SIGMA-ALDRICH	COM	826552101	336	3,600	SH		SOLE	0	3,600	0	0
SNAP-ON INC	COM	833034101	118	1,039	SH		SOLE	0	1,039	0	0
SOLERA HOLDINGS INC	COM	83421A104	207	3,263	SH		SOLE	0	3,263	0	0
SOLERA HOLDINGS INC	COM	83421A104	14	214	SH		DFND	3	214	0	0
STANDARD MOTOR PRODUCTS	COM	853666105	149	4,170	SH		SOLE	0	4,170	0	0
STANDARD MOTOR PRODUCTS	COM	853666105	14	383	SH		DFND	3	383	0	0
STANLEY BLACK & DECKER	COM	854502101	1,143	14,075	SH		SOLE	0	14,075	0	0
STANLEY BLACK & DECKER	COM	854502101	12	149	SH		DFND	3	149	0	0
STERIS CORP	COM	859152100	229	4,802	SH		SOLE	0	4,802	0	0
SUNCOR ENERGY INC	COM	867224107	13,948	398,958	SH		SOLE	0	396,826	0	2,132
SUNCOR ENERGY INC	COM	867224107	46	1,309	SH		DFND	0	1,309	0	0
SUNOCO LOGISTICS PTNR LP	COM	86764L108	14,360	158,015	SH		SOLE	0	157,965	0	50
SUNOCO LOGISTICS PTNR LP	COM	86764L108	3,548	39,035	SH		DFND	2	0	0	39,035
SUNOCO LOGISTICS PTNR LP	COM	86764L108	92	1,010	SH		DFND	0	0	0	1,010
T ROWE PRICE GROUP	COM	74144T108	12,484	151,591	SH		SOLE	0	150,416	0	1,175
T ROWE PRICE GROUP	COM	74144T108	2,177	26,439	SH		DFND	2	0	0	26,439
T ROWE PRICE GROUP	COM	74144T108	72	869	SH		DFND	0	193	0	676
T ROWE PRICE GROUP	COM	74144T108	13	157	SH		DFND	3	157	0	0
TARGA RESOURCES CORP	COM	87612G101	242	2,440	SH		SOLE	0	2,440	0	0
TEVA PHARMACEUTICAL-SP ADR	COM	881624209	891	16,870	SH		SOLE	0	16,870	0	0
THE ENSIGN GROUP INC	COM	29358P101	101	2,309	SH		SOLE	0	2,309	0	0
THOR INDUSTRIES INC	COM	885160101	94	1,532	SH		SOLE	0	1,532	0	0
TIME WARNER INC NEW	COM	887317303	1,664	25,472	SH		SOLE	0	25,472	0	0
TJX COMPANIES	COM	872540109	10,253	169,058	SH		SOLE	0	169,058	0	0
TJX COMPANIES	COM	872540109	3,006	49,562	SH		DFND	2	0	0	49,562
TJX COMPANIES	COM	872540109	77	1,271	SH		DFND	0	0	0	1,271
TRACTOR SUPPLY CO COM	COM	892356106	156	2,214	SH		SOLE	0	2,214	0	0
UNION PACIFIC	COM	907818108	11,099	59,142	SH		SOLE	0	59,142	0	0
UNION PACIFIC	COM	907818108	2,707	14,423	SH		DFND	2	0	0	14,423
UNION PACIFIC	COM	907818108	72	386	SH		DFND	0	0	0	386
UNION PACIFIC	COM	907818108	14	76	SH		DFND	3	76	0	0
UNITED PARCEL SERVICE CLASS B	COM	911312106	1,475	15,149	SH		SOLE	0	15,149	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	1,078	9,230	SH		SOLE	0	8,111	0	1,119
UNITED TECHNOLOGIES CORP	COM	913017109	21	180	SH		DFND	0	180	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	1,489	18,162	SH		SOLE	0	18,162	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	15	187	SH		DFND	3	187	0	0
VALMONT INDUSTRIES	COM	920253101	82	552	SH		SOLE	0	552	0	0
VALSPAR CORPORATION	COM	920355104	11,777	163,300	SH		SOLE	0	163,300	0	0
VALSPAR CORPORATION	COM	920355104	2,626	36,413	SH		DFND	2	0	0	36,413
VALSPAR CORPORATION	COM	920355104	67	935	SH		DFND	0	0	0	935
VF CORPORATION	COM	918204108	733	11,841	SH		SOLE	0	10,202	0	1,639
VF CORPORATION	COM	918204108	49	784	SH		DFND	0	784	0	0
VISA	COM	92826C839	15,822	73,298	SH		SOLE	0	72,820	0	478
VISA	COM	92826C839	2,692	12,469	SH		DFND	2	0	0	12,469
VISA	COM	92826C839	106	489	SH		DFND	0	157	0	332
VISA	COM	92826C839	15	68	SH		DFND	3	68	0	0
WADDELL & REED	COM	930059100	173	2,345	SH		SOLE	0	2,345	0	0
WASTE CONNECTIONS, INC	COM	941053100	169	3,851	SH		SOLE	0	3,851	0	0
WASTE CONNECTIONS, INC	COM	941053100	13	304	SH		DFND	3	304	0	0
WESTWOOD HOLDINGS GROUP	COM	961765104	587	9,360	SH		SOLE	0	9,020	0	340
WISCONSIN ENERGY	COM	976657106	1,312	28,184	SH		SOLE	0	28,184	0	0
XILINX INC	COM	983919101	13,776	253,837	SH		SOLE	0	252,432	0	1,405
XILINX INC	COM	983919101	40	745	SH		DFND	0	745	0	0
JARDINE MATHESON HOLDINGS LTD	COM	6472119	774	12,270	SH		SOLE	0	12,270	0	0
ALIMENTATION COUCHE-TARD INC	COM	2011646	415	5,129	SH		SOLE	0	5,129	0	0
CANADIAN NATIONAL RAILWAY INC	COM	2180632	360	6,412	SH		SOLE	0	6,412	0	0
CANADIAN NATURAL RESOURCES	COM	2171573	441	11,498	SH		SOLE	0	11,498	0	0
ENBRIDGE INC	COM	2466149	400	8,807	SH		SOLE	0	8,807	0	0
GILDAN ACTIVEWEAR INC	COM	2254645	389	7,725	SH		SOLE	0	7,725	0	0
SUNCOR ENERGY INC	COM	B3NB1P2	773	22,117	SH		SOLE	0	22,117	0	0
TELUS CORP	COM	2381093	346	9,630	SH		SOLE	0	9,630	0	0
COLOPLAST A/S	COM	B8FMRX8	428	5,288	SH		SOLE	0	5,288	0	0
DSV A/S	COM	B1WT5G2	375	11,622	SH		SOLE	0	11,622	0	0
GN STORE NORD A/S	COM	4501093	531	21,372	SH		SOLE	0	21,372	0	0
NOVO NORDISK	COM	BHC8X90	412	9,034	SH		SOLE	0	9,034	0	0
HEIDELBERG CEMENT AG	COM	5120679	419	4,892	SH		SOLE	0	4,892	0	0
INDUSTRIA DE DISENO TEXTIL S.A	COM	7111314	464	3,095	SH		SOLE	0	3,095	0	0
PADDY POWER PLC	COM	4828974	537	6,788	SH		SOLE	0	6,788	0	0
VISCOFAN, S.A.	COM	5638280	344	6,589	SH		SOLE	0	6,589	0	0
ABERDEEN ASSET MANAGEMENT	COM	0003128	746	114,689	SH		SOLE	0	114,689	0	0
AMEC PLC	COM	0028262	385	20,602	SH		SOLE	0	20,602	0	0
BABCOCK INTERNATIONAL GROUP PL	COM	0969703	437	19,489	SH		SOLE	0	19,489	0	0
BT GROUP PLC	COM	3091357	521	82,333	SH		SOLE	0	82,333	0	0
CAPITA PLC	COM	B23K0M2	935	51,189	SH		SOLE	0	51,189	0	0
COBHAM PLC	COM	B07KD36	435	87,384	SH		SOLE	0	87,384	0	0
CRODA INTERNATIONAL PLC	COM	0233527	709	16,719	SH		SOLE	0	16,719	0	0
IG GROUP HOLDINGS PLC	COM	B06QFB7	372	35,583	SH		SOLE	0	35,583	0	0
RECKITT BENCKISER GROUP PLC	COM	B24CGK7	824	10,114	SH		SOLE	0	10,114	0	0
SMITH & NEPHEW PLC	COM	0922320	877	57,893	SH		SOLE	0	57,893	0	0
VODAFONE GROUP PLC	COM	BH4HKS3	267	72,834	SH		SOLE	0	72,834	0	0
WHITBREAD PLC	COM	B1KJJ40	475	6,848	SH		SOLE	0	6,848	0	0
CHEUNG KONG INFRASTRUCTURE HOL	COM	6212553	401	62,804	SH		SOLE	0	62,804	0	0
JAPAN TOBACCO INC	COM	6474535	405	12,912	SH		SOLE	0	12,912	0	0
SAMSUNG ELECTRONICS CO LTD	COM	6773812	442	445	SH		SOLE	0	445	0	0
TELENOR ASA	COM	4732495	385	17,380	SH		SOLE	0	17,380	0	0
SVENSKA HANDELSBANKEN A	COM	5703661	414	8,250	SH		SOLE	0	8,250	0	0
SAVOY ENERGY CORP NEW	COM	80534P200	0	25,000	SH		DFND	2	0	0	25,000
TORTOISE EGY INFRASTRUCT	MUTCLS	89147L100	249	5,440	SH		SOLE	0	5,440	0	0