Montag A & Associates 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
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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	4,450	21,118	SH		SOLE		0	0	21,118
ABBOTT LABS	COM	002824100	8,241	112,343	SH		SOLE		0	0	112,343
ABBVIE INC.	COM	00287y109	6,651	70,326	SH		SOLE		0	0	70,326
ACCENTURE PLC	COM	G1151C101	1,523	8,946	SH		SOLE		0	0	8,946
ACUITY BRANDS INC	COM	00508Y102	221	1,403	SH		SOLE		0	0	1,403
ADOBE SYS INC COM	COM	00724F101	11,192	41,459	SH		SOLE		0	0	41,459
ADT CORPORATION	COM	00101j106	330	35,100	SH		SOLE		0	0	35,100
AERIE PHARMACEUTICALS INC	COM	00771V108	2,360	38,340	SH		SOLE		0	0	38,340
AETNA INC - NEW	COM	00817Y108	267	1,315	SH		SOLE		0	0	1,315
AGNICO EAGLE MINES LTD	COM	008474108	557	16,290	SH		SOLE		0	0	16,290
AIR PRODS & CHEMS INC	COM	009158106	777	4,650	SH		SOLE		0	0	4,650
ALEXION PHARMACEUTICALS	COM	015351109	2,510	18,054	SH		SOLE		0	0	18,054
ALIBABA GROUP HOLDING	COM	01609W102	1,169	7,093	SH		SOLE		0	0	7,093
ALLEGHANY CORP DEL	COM	017175100	1,154	1,768	SH		SOLE		0	0	1,768
ALLISON TRANSMISSION HOLDING	COM	01973r101	218	4,200	SH		SOLE		0	0	4,200
ALLSTATE CORP	COM	020002101	253	2,560	SH		SOLE		0	0	2,560
ALPHABET INC CAP STK CL A	COM	02079K305	5,968	4,944	SH		SOLE		0	0	4,944
ALPHABET INC CAP STK CL C	COM	02079K107	17,857	14,962	SH		SOLE		0	0	14,962
ALTRIA GROUP INC	COM	02209S103	600	9,952	SH		SOLE		0	0	9,952
AMAZON COM INC	COM	023135106	12,190	6,086	SH		SOLE		0	0	6,086
AMERICAN EXPRESS CO	COM	025816109	2,162	20,306	SH		SOLE		0	0	20,306
AMERICAN INTL GROUP	COM	026874784	4,221	79,286	SH		SOLE		0	0	79,286
AMERIS BANCORP	COM	03076K108	600	13,121	SH		SOLE		0	0	13,121
AMERISOURCEBERGEN CORP.	COM	03073E105	1,355	14,696	SH		SOLE		0	0	14,696
AMGEN INC	COM	031162100	863	4,165	SH		SOLE		0	0	4,165
AMNEAL PHARMACEUTICALS LLC	COM	03168L105	222	10,000	SH		SOLE		0	0	10,000
AMPIO PHARMACEUTICALS INC	COM	03209T109	23	45,000	SH		SOLE		0	0	45,000
ANALOG DEVICES INC	COM	032654105	1,069	11,561	SH		SOLE		0	0	11,561
ANTHEM INC	COM	036752103	5,481	20,000	SH		SOLE		0	0	20,000
APERGY CORPORATION	COM	03755L104	471	10,815	SH		SOLE		0	0	10,815
APPLE INC COM	COM	037833100	20,671	91,569	SH		SOLE		0	0	91,569
APPLIED MATLS INC	COM	038222105	388	10,037	SH		SOLE		0	0	10,037
AQUA AMERICA INC COM	COM	03836W103	341	9,241	SH		SOLE		0	0	9,241
ARCONIC INC	COM	03965L100	249	11,300	SH		SOLE		0	0	11,300
AT&T INC	COM	00206R102	2,054	61,157	SH		SOLE		0	0	61,157
ATHERSYS INC COM	COM	04744l106	21	10,000	SH		SOLE		0	0	10,000
AUTODESK INC	COM	052769106	242	1,550	SH		SOLE		0	0	1,550
AUTOMATIC DATA PROCESS	COM	053015103	791	5,250	SH		SOLE		0	0	5,250
BANC OF CALIFORNIA INC COM	COM	05990K106	2,893	153,057	SH		SOLE		0	0	153,057
BANK AMER CORP COM	COM	060505104	5,669	192,443	SH		SOLE		0	0	192,443
BANK NEW YORK MELLON CORP	COM	064058100	1,061	20,811	SH		SOLE		0	0	20,811
BB&T CORP	COM	054937107	1,476	30,404	SH		SOLE		0	0	30,404
BECTON DICKINSON & CO	COM	075887109	2,160	8,276	SH		SOLE		0	0	8,276
BERKSHIRE HATHAWAY INC CL A	COM	084670108	640	2	SH		SOLE		0	0	2
BERKSHIRE HATHAWAY INC CL B	COM	084670702	13,087	61,123	SH		SOLE		0	0	61,123
BLACKROCK, INC	COM	09247x101	344	730	SH		SOLE		0	0	730
BOEING CO COM	COM	097023105	10,637	28,601	SH		SOLE		0	0	28,601
BORGWARNER INC COM	COM	099724106	3,415	79,823	SH		SOLE		0	0	79,823
BOSTON SCIENTIFIC CORPORATION	COM	101137107	1,612	41,877	SH		SOLE		0	0	41,877
BRISTOL MYERS SQUIBB	COM	110122108	2,860	46,062	SH		SOLE		0	0	46,062
C H ROBINSON WORLDWIDE INC	COM	12541W209	499	5,100	SH		SOLE		0	0	5,100
CAMPBELL SOUP COMPANY	COM	134429109	280	7,631	SH		SOLE		0	0	7,631
CAPITAL ONE FINANCIAL CORP.	COM	14040H105	2,420	25,489	SH		SOLE		0	0	25,489
CARMAX INC COM	COM	143130102	1,451	19,430	SH		SOLE		0	0	19,430
CATERPILLAR INC DEL	COM	149123101	1,537	10,080	SH		SOLE		0	0	10,080
CBRE GROUP INC CL A	COM	12504L109	2,149	48,722	SH		SOLE		0	0	48,722
CERNER CORP	COM	156782104	580	9,000	SH		SOLE		0	0	9,000
CHESAPEAKE ENERGY CORP.	COM	165167107	163	36,200	SH		SOLE		0	0	36,200
CHEVRON TEXACO CORP	COM	166764100	7,348	60,095	SH		SOLE		0	0	60,095
CHUBB LTD	COM	H1467J104	857	6,410	SH		SOLE		0	0	6,410
CIENA CORPORATION	COM	171779309	2,279	72,960	SH		SOLE		0	0	72,960
CIGNA CORP	COM	125509109	800	3,843	SH		SOLE		0	0	3,843
CISCO SYS INC COM	COM	17275R102	15,541	319,451	SH		SOLE		0	0	319,451
CITIGROUP INC COM NEW	COM	172967424	1,127	15,709	SH		SOLE		0	0	15,709
CME GROUP INC	COM	12572Q105	430	2,526	SH		SOLE		0	0	2,526
COCA COLA CO COM	COM	191216100	30,380	657,720	SH		SOLE		0	0	657,720
COLGATE PALMOLIVE CO	COM	194162103	1,394	20,816	SH		SOLE		0	0	20,816
CONOCOPHILIPS	COM	20825C104	5,514	71,246	SH		SOLE		0	0	71,246
COPART INC	COM	217204106	3,758	72,925	SH		SOLE		0	0	72,925
CORNING INC	COM	219350105	1,915	54,245	SH		SOLE		0	0	54,245
COSTCO WHOLESALE CORP	COM	22160K105	3,114	13,259	SH		SOLE		0	0	13,259
CRANE COMPANY	COM	224399105	686	6,975	SH		SOLE		0	0	6,975
CVS HEALTH CORP.	COM	126650100	2,827	35,912	SH		SOLE		0	0	35,912
DANAHER CORP DEL	COM	235851102	6,886	63,376	SH		SOLE		0	0	63,376
DELTA AIR LINES INC DEL COM NE	COM	247361702	422	7,304	SH		SOLE		0	0	7,304
DISCOVERY COMMUNICATNS NEW COM	COM	25470F104	7,529	235,271	SH		SOLE		0	0	235,271
DOLLAR TREE, INC.	COM	256746108	698	8,565	SH		SOLE		0	0	8,565
DOMINION RES VA NEW	COM	25746U109	272	3,875	SH		SOLE		0	0	3,875
DONALDSON INC	COM	257651109	2,153	36,950	SH		SOLE		0	0	36,950
DOVER CORP	COM	260003108	2,225	25,130	SH		SOLE		0	0	25,130
DOWDUPONT INC	COM	26078j100	697	10,845	SH		SOLE		0	0	10,845
DUKE ENERGY CORP	COM	26441C204	1,745	21,804	SH		SOLE		0	0	21,804
EASTMAN CHEM CO	COM	277432100	3,537	36,950	SH		SOLE		0	0	36,950
EATON CORPORATION, PLC	COM	G29183103	214	2,465	SH		SOLE		0	0	2,465
EATON VANCE CORP COM NON VTG	COM	278265103	1,489	28,335	SH		SOLE		0	0	28,335
EBAY INC	COM	278642103	367	11,100	SH		SOLE		0	0	11,100
EDWARDS LIFESCIENCES	COM	28176E108	4,208	24,168	SH		SOLE		0	0	24,168
EMERSON ELEC CO COM	COM	291011104	957	12,496	SH		SOLE		0	0	12,496
ENERGEN CORP	COM	29265N108	275	3,195	SH		SOLE		0	0	3,195
ENTERPRISE PRODUCTS PARTNERS	COM	293792107	614	21,355	SH		SOLE		0	0	21,355
EOG RESOURCES INC	COM	26875P101	5,332	41,799	SH		SOLE		0	0	41,799
EQUIFAX INC	COM	294429105	10,577	81,009	SH		SOLE		0	0	81,009
ETSY INC	COM	29786A106	664	12,930	SH		SOLE		0	0	12,930
EXELON CORPORATION	COM	30161N101	2,106	48,240	SH		SOLE		0	0	48,240
EXXON MOBIL CORP COM	COM	30231G102	9,770	114,913	SH		SOLE		0	0	114,913
FACEBOOK INC-A	COM	30303m102	711	4,321	SH		SOLE		0	0	4,321
FEDEX CORP	COM	31428X106	2,329	9,673	SH		SOLE		0	0	9,673
FIDELITY NATIONAL INFORMATION	COM	31620M106	763	7,000	SH		SOLE		0	0	7,000
FIDELITY SOUTHERN CORPORATION	COM	316394105	1,481	59,776	SH		SOLE		0	0	59,776
FIRSTENERGY CORP COM	COM	337932107	4,096	110,189	SH		SOLE		0	0	110,189
FISERV INC	COM	337738108	10,524	127,752	SH		SOLE		0	0	127,752
FORTIVE CORPORATION	COM	34959J108	6,000	71,253	SH		SOLE		0	0	71,253
GENERAL ELECTRIC CO COM	COM	369604103	1,696	150,198	SH		SOLE		0	0	150,198
GENERAL MTRS CO COM	COM	37045V100	246	7,316	SH		SOLE		0	0	7,316
GENUINE PARTS CO	COM	372460105	5,484	55,169	SH		SOLE		0	0	55,169
GILEAD SCIENCES INC	COM	375558103	763	9,879	SH		SOLE		0	0	9,879
GLOBAL PAYMENTS INC.	COM	37940X102	209	1,640	SH		SOLE		0	0	1,640
GOLDMAN SACHS GROUP	COM	38141G104	648	2,888	SH		SOLE		0	0	2,888
HALLIBURTON CO	COM	406216101	326	8,050	SH		SOLE		0	0	8,050
HARRIS CORP DEL	COM	413875105	925	5,465	SH		SOLE		0	0	5,465
HCA INC	COM	40412C101	543	3,900	SH		SOLE		0	0	3,900
HD SUPPLY HOLDINGS, INC.	COM	40416M105	2,756	64,400	SH		SOLE		0	0	64,400
HERSHEY FOODS CORP	COM	427866108	642	6,296	SH		SOLE		0	0	6,296
HILTON WORLDWIDE HOLDINGS INC	COM	43300A203	345	4,266	SH		SOLE		0	0	4,266
HOME DEPOT INC	COM	437076102	20,106	97,059	SH		SOLE		0	0	97,059
HONEYWELL INTL INC	COM	438516106	3,792	22,788	SH		SOLE		0	0	22,788
HUNTINGTON INGALLS INDS INC CO	COM	446413106	1,159	4,527	SH		SOLE		0	0	4,527
ILLINOIS TOOL WKS INC	COM	452308109	1,102	7,806	SH		SOLE		0	0	7,806
INSTALLED BUILDING PRODUCTS	COM	45780R101	522	13,373	SH		SOLE		0	0	13,373
INTEL CORP	COM	458140100	7,091	149,952	SH		SOLE		0	0	149,952
INTERNATIONAL BUSINESS MACHS C	COM	459200101	5,617	37,148	SH		SOLE		0	0	37,148
INTERPUBLIC GROUP COS INC COM	COM	460690100	432	18,900	SH		SOLE		0	0	18,900
J M SMUCKER CO/THE NEW COM	COM	832696405	459	4,470	SH		SOLE		0	0	4,470
JOHNSON & JOHNSON	COM	478160104	30,510	220,813	SH		SOLE		0	0	220,813
JPMORGAN CHASE & CO COM	COM	46625H100	10,532	93,334	SH		SOLE		0	0	93,334
KIMBERLY CLARK CORP	COM	494368103	1,301	11,449	SH		SOLE		0	0	11,449
KRAFT HEINZ COMPANY	COM	500754106	389	7,053	SH		SOLE		0	0	7,053
KRATOS DEFENSE AND SECURITY SO	COM	50077B207	1,550	104,890	SH		SOLE		0	0	104,890
LAMB WESTON HOLDINGS	COM	513272104	906	13,600	SH		SOLE		0	0	13,600
LENNAR CORP	COM	526057104	286	6,135	SH		SOLE		0	0	6,135
LIBERTY BROADBAND CORP SR C	COM	530307305	481	5,700	SH		SOLE		0	0	5,700
LILLY ELI & CO	COM	532457108	10,055	93,696	SH		SOLE		0	0	93,696
LKQ CORP	COM	501889208	4,735	149,515	SH		SOLE		0	0	149,515
LOCKHEED MARTIN CORP	COM	539830109	3,963	11,456	SH		SOLE		0	0	11,456
LOWES COS INC	COM	548661107	700	6,096	SH		SOLE		0	0	6,096
MAGELLAN MIDSTREAM PARTNERS, L	COM	559080106	271	4,000	SH		SOLE		0	0	4,000
MANULIFE FINANCIAL CORP	COM	56501R106	412	23,024	SH		SOLE		0	0	23,024
MARATHON OIL CORP	COM	565849106	1,322	56,786	SH		SOLE		0	0	56,786
MARATHON PETROLEUM CORP	COM	56585A102	3,214	40,196	SH		SOLE		0	0	40,196
MARKEL CORP	COM	570535104	7,802	6,565	SH		SOLE		0	0	6,565
MARRIOTT INTL INC NEW CL A	COM	571903202	8,437	63,903	SH		SOLE		0	0	63,903
MARTIN MARIETTA MATERIALS INC	COM	573284106	706	3,880	SH		SOLE		0	0	3,880
MARVELL TECHNOLOGY GROUP LTD O	COM	G5876H105	1,011	52,408	SH		SOLE		0	0	52,408
MASCO CORP COM	COM	574599106	4,085	111,618	SH		SOLE		0	0	111,618
MASTERCARD INCORPORATED CL A	COM	57636Q104	3,569	16,033	SH		SOLE		0	0	16,033
MCDONALDS CORP COM	COM	580135101	2,212	13,220	SH		SOLE		0	0	13,220
MCKESSON CORP	COM	58155Q103	865	6,518	SH		SOLE		0	0	6,518
MEDTRONIC PLC	COM	G5960L103	4,903	49,839	SH		SOLE		0	0	49,839
MERCK & CO INC COM	COM	58933Y105	14,822	208,943	SH		SOLE		0	0	208,943
METLIFE INC COM	COM	59156R108	2,661	56,953	SH		SOLE		0	0	56,953
MICROSOFT CORP COM	COM	594918104	17,394	152,086	SH		SOLE		0	0	152,086
MONDELEZ INTERNATIONAL INC	COM	609207105	1,792	41,716	SH		SOLE		0	0	41,716
MORGAN STANLEY DEAN WITTER COM	COM	617446448	2,763	59,334	SH		SOLE		0	0	59,334
MORNINGSTAR INC	COM	617700109	266	2,110	SH		SOLE		0	0	2,110
MYLAN LABS INC	COM	N59465109	200	5,472	SH		SOLE		0	0	5,472
NATIONAL-OILWELL VARCO, INC.	COM	637071101	235	5,449	SH		SOLE		0	0	5,449
NATIONAL FUEL GAS N J	COM	636180101	252	4,500	SH		SOLE		0	0	4,500
NETFLIX INC	COM	64110L106	210	561	SH		SOLE		0	0	561
NEXTERA ENERGY INC COM	COM	65339F101	2,414	14,406	SH		SOLE		0	0	14,406
NIKE INC CL B	COM	654106103	3,533	41,699	SH		SOLE		0	0	41,699
NORFOLK SOUTHERN CORP	COM	655844108	1,501	8,315	SH		SOLE		0	0	8,315
NORTHERN TR CORP	COM	665859104	703	6,885	SH		SOLE		0	0	6,885
NORTHROP GRUMMAN CORP	COM	666807102	714	2,250	SH		SOLE		0	0	2,250
NVR INC COM	COM	62944T105	346	140	SH		SOLE		0	0	140
OCCIDENTAL PETE CP DEL	COM	674599105	973	11,841	SH		SOLE		0	0	11,841
OMNICOM GROUP INC	COM	681919106	1,585	23,300	SH		SOLE		0	0	23,300
OPKO HEALTH INC	COM	68375N103	236	68,290	SH		SOLE		0	0	68,290
ORACLE CORP	COM	68389X105	2,109	40,908	SH		SOLE		0	0	40,908
PALO ALTO NETWORKS, INC.	COM	697435105	637	2,829	SH		SOLE		0	0	2,829
PAYPAL HOLDINGS INC	COM	70450y103	535	6,088	SH		SOLE		0	0	6,088
PDC ENERGY INC	COM	69327R101	323	6,600	SH		SOLE		0	0	6,600
PEPSICO INC COM	COM	713448108	13,718	122,700	SH		SOLE		0	0	122,700
PERKINELMER INC	COM	714046109	253	2,600	SH		SOLE		0	0	2,600
PFIZER INC COM	COM	717081103	9,340	211,941	SH		SOLE		0	0	211,941
PHILLIPS 66	COM	718546104	567	5,028	SH		SOLE		0	0	5,028
PNC FINANCIAL SVCS GROUP	COM	693475105	553	4,061	SH		SOLE		0	0	4,061
PPG INDS INC	COM	693506107	2,360	21,622	SH		SOLE		0	0	21,622
PRINCIPAL FINANCIAL GROUP	COM	74251V102	2,156	36,800	SH		SOLE		0	0	36,800
PROCTER & GAMBLE CO	COM	742718109	5,155	61,936	SH		SOLE		0	0	61,936
QORVO INC COM	COM	74736K101	381	4,950	SH		SOLE		0	0	4,950
QUINTILES IMS HOLDING	COM	46266c105	5,180	39,923	SH		SOLE		0	0	39,923
QURATE RETAIL INC	COM	74915m100	255	11,500	SH		SOLE		0	0	11,500
RAYTHEON CO	COM	755111507	2,207	10,681	SH		SOLE		0	0	10,681
REGIONS FINANCIAL CORP	COM	7591EP100	597	32,523	SH		SOLE		0	0	32,523
ROBERT HALF INTERNATIONAL INC	COM	770323103	1,211	17,203	SH		SOLE		0	0	17,203
ROCKWELL AUTOMATION INC NEW	COM	773903109	402	2,145	SH		SOLE		0	0	2,145
ROSS STORES INC	COM	778296103	2,619	26,425	SH		SOLE		0	0	26,425
RPM INC	COM	749685103	2,602	40,072	SH		SOLE		0	0	40,072
RYDER SYS INC	COM	783549108	1,231	16,850	SH		SOLE		0	0	16,850
SALESFORCE.COM INC	COM	79466L302	617	3,879	SH		SOLE		0	0	3,879
SANDERSON FARMS INC	COM	800013104	620	6,000	SH		SOLE		0	0	6,000
SCHLUMBERGER LTD COM	COM	806857108	3,045	49,991	SH		SOLE		0	0	49,991
SHERWIN WILLIAMS CO	COM	824348106	257	565	SH		SOLE		0	0	565
SITEONE LANDSCAPE SUPPLY, INC.	COM	82982L103	844	11,200	SH		SOLE		0	0	11,200
SKYWORKS SOLUTIONS INC	COM	83088M102	715	7,877	SH		SOLE		0	0	7,877
SOUTHERN CO COM	COM	842587107	1,078	24,716	SH		SOLE		0	0	24,716
SOUTHWEST AIRLS CO COM	COM	844741108	1,304	20,885	SH		SOLE		0	0	20,885
SPECTRUM BRANDS HLDGS INC COM	COM	84790A105	1,293	17,300	SH		SOLE		0	0	17,300
STARBUCKS CORP	COM	855244109	1,193	20,988	SH		SOLE		0	0	20,988
STATE STREET CORP	COM	857477103	2,960	35,325	SH		SOLE		0	0	35,325
STRYKER CORP	COM	863667101	340	1,916	SH		SOLE		0	0	1,916
SUNOPTA INC COM	COM	8676EP108	1,187	161,500	SH		SOLE		0	0	161,500
SUNTRUST BKS INC	COM	867914103	9,892	148,111	SH		SOLE		0	0	148,111
SYSCO CORP	COM	871829107	453	6,189	SH		SOLE		0	0	6,189
TARGET CORP COM	COM	87612E106	658	7,460	SH		SOLE		0	0	7,460
TELADOC INC	COM	87918A105	496	5,740	SH		SOLE		0	0	5,740
TERRAFORM POWER INC	COM	88104r209	897	77,700	SH		SOLE		0	0	77,700
TEXAS INSTRS INC	COM	882508104	2,062	19,217	SH		SOLE		0	0	19,217
THOMASVILLE BANCSHARES INC	COM	884608100	369	9,000	SH		SOLE		0	0	9,000
THOR INDUSTRIES	COM	885160101	617	7,375	SH		SOLE		0	0	7,375
TIFFANY & CO NEW	COM	886547108	977	7,573	SH		SOLE		0	0	7,573
TJX COS INC NEW	COM	872540109	7,137	63,715	SH		SOLE		0	0	63,715
TOPBUILD CORP	COM	89055F103	264	4,649	SH		SOLE		0	0	4,649
TORCHMARK CORP	COM	891027104	694	8,009	SH		SOLE		0	0	8,009
TORTOISE ENERGY INFRASTRUCTURE	COM	89147L100	2,627	97,553	SH		SOLE		0	0	97,553
TORTOISE POWER AND ENERGY INFR	COM	89147X104	1,148	60,183	SH		SOLE		0	0	60,183
TOTAL SYS SVCS INC	COM	891906109	896	9,073	SH		SOLE		0	0	9,073
TRANSDIGM GROUP INC	COM	893641100	1,054	2,830	SH		SOLE		0	0	2,830
U.S. TECHNOLOGIES	COM	91272D309	0	20,000	SH		SOLE		0	0	20,000
UNION PAC CORP	COM	907818108	4,225	25,950	SH		SOLE		0	0	25,950
UNITED HEALTH PRODS INC	COM	91059d100	772	1,139,000	SH		SOLE		0	0	1,139,000
UNITED PARCEL SERVICE INC CL B	COM	911312106	1,560	13,365	SH		SOLE		0	0	13,365
UNITED RENTALS INC.	COM	911363109	3,667	22,417	SH		SOLE		0	0	22,417
UNITED TECHNOLOGIES CP	COM	913017109	3,030	21,670	SH		SOLE		0	0	21,670
UNITEDHEALTH GROUP INC COM	COM	91324P102	6,835	25,692	SH		SOLE		0	0	25,692
US BANCORP DEL	COM	902973304	455	8,624	SH		SOLE		0	0	8,624
V F CORP	COM	918204108	6,087	65,136	SH		SOLE		0	0	65,136
VALLEY NATIONAL BANCORP	COM	919794107	195	17,300	SH		SOLE		0	0	17,300
VERIZON COMMUNICATIONS	COM	92343V104	248	4,642	SH		SOLE		0	0	4,642
VISA INC - CLASS A	COM	92826C839	12,528	83,472	SH		SOLE		0	0	83,472
VISTRA ENERGY CORP	COM	92840m102	1,722	69,200	SH		SOLE		0	0	69,200
VULCAN MATLS CO	COM	929160109	4,877	43,857	SH		SOLE		0	0	43,857
WAL-MART STORES INC COM	COM	931142103	15,697	167,154	SH		SOLE		0	0	167,154
WALGREENS BOOTS ALLIANCE, INC.	COM	931427108	5,369	73,652	SH		SOLE		0	0	73,652
WALT DISNEY CO	COM	254687106	2,725	23,299	SH		SOLE		0	0	23,299
WASTE MGMT INC DEL COM	COM	94106L109	222	2,458	SH		SOLE		0	0	2,458
WEC ENERGY GROUP, INC	COM	92939U106	246	3,685	SH		SOLE		0	0	3,685
WELLS FARGO & CO NEW COM	COM	949746101	2,683	51,040	SH		SOLE		0	0	51,040
WEST PHARMACEUTICAL SERVICES	COM	955306105	420	3,400	SH		SOLE		0	0	3,400
WEYERHAEUSER CO	COM	962166104	2,941	91,140	SH		SOLE		0	0	91,140
WR BERKLEY CORP	COM	084423102	3,498	43,762	SH		SOLE		0	0	43,762
YUM! BRANDS INC	COM	988498101	294	3,239	SH		SOLE		0	0	3,239
ZOETIS INC.	COM	98978v103	1,275	13,921	SH		SOLE		0	0	13,921
AMEX ENERGY SECTOR SPDR	ETF	81369Y506	1,539	20,321	SH		SOLE		0	0	20,321
AMEX TECHNOLOGY SECTOR SPDR	ETF	81369Y803	5,168	68,604	SH		SOLE		0	0	68,604
INVESCO FTSE RAFI US 1000 ETF	ETF	46137V613	1,418	11,935	SH		SOLE		0	0	11,935
INVESCO S&P 500 EQUAL WEIGHT E	ETF	46137V357	12,587	117,841	SH		SOLE		0	0	117,841
INVESCO S&P 500 QUALITY ETF	ETF	46137V241	2,820	85,973	SH		SOLE		0	0	85,973
ISHARES DJ SELECT DIVIDEND	ETF	464287168	763	7,647	SH		SOLE		0	0	7,647
ISHARES DJ US HEALTHCARE SEC	ETF	464287762	465	2,294	SH		SOLE		0	0	2,294
ISHARES DJ US TRANSPORTATION I	ETF	464287192	1,209	5,910	SH		SOLE		0	0	5,910
ISHARES MSCI PACIFIC EX-JAPAN	ETF	464286665	404	8,900	SH		SOLE		0	0	8,900
ISHARES NASDAQ BIOTECH ETF	ETF	464287556	2,989	24,515	SH		SOLE		0	0	24,515
ISHARES RUSSELL 1000 INDEX	ETF	464287622	10,754	66,500	SH		SOLE		0	0	66,500
ISHARES RUSSELL TOP 200 GROWTH	ETF	464289438	466	5,450	SH		SOLE		0	0	5,450
ISHARES S&P 100 INDEX FUND	ETF	464287101	478	3,690	SH		SOLE		0	0	3,690
ISHARES S&P GLOBAL INDEX 100	ETF	464287572	733	15,010	SH		SOLE		0	0	15,010
ISHARES TR CORE S&P SCP ETF	ETF	464287804	4,325	49,574	SH		SOLE		0	0	49,574
ISHARES TR CORE S&P500 ETF	ETF	464287200	65,866	225,006	SH		SOLE		0	0	225,006
ISHARES TR RUSSELL 2000 GROWTH	ETF	464287648	352	1,635	SH		SOLE		0	0	1,635
ISHARES TR S&P500 GRW	ETF	464287309	8,767	49,485	SH		SOLE		0	0	49,485
ISHARES TRUST RUSSELL 2000 IND	ETF	464287655	4,098	24,311	SH		SOLE		0	0	24,311
ISHARES TRUST S&P MIDCAP 400	ETF	464287507	3,222	16,009	SH		SOLE		0	0	16,009
ISHARES US TECHNOLOGY ETF	ETF	464287721	279	1,439	SH		SOLE		0	0	1,439
JPMORGAN ALERIAN MLP ETN	ETF	46625H365	206	7,510	SH		SOLE		0	0	7,510
KBW REGIONAL BANKING ETF	ETF	78464A698	4,312	72,574	SH		SOLE		0	0	72,574
NUVEEN DOW 30SM DYNAMIC OVERWR	ETF	67075f105	233	11,787	SH		SOLE		0	0	11,787
SELECT SECTOR SPDR TR SBI INT-	ETF	81369Y605	6,630	240,386	SH		SOLE		0	0	240,386
SELECT SECTOR SPDR TR SBI INT-	ETF	81369Y704	3,025	38,586	SH		SOLE		0	0	38,586
SPDR DJIA TRUST	ETF	78467X109	2,785	10,535	SH		SOLE		0	0	10,535
SPDR GOLD TRUST	ETF	78463V107	1,821	16,150	SH		SOLE		0	0	16,150
SPDR S&P 500 ETF TR TR UNIT	ETF	78462F103	93,604	321,974	SH		SOLE		0	0	321,974
SPDR S&P BIOTECH ETF	ETF	78464A870	551	5,750	SH		SOLE		0	0	5,750
SPDR S&P DIVIDEND ETF	ETF	78464A763	2,025	20,676	SH		SOLE		0	0	20,676
SPDR S&P MIDCAP 400 ETF TR UTS	ETF	78467Y107	51,528	140,227	SH		SOLE		0	0	140,227
UTILITIES SELECT SECTOR SPDR	ETF	81369Y886	1,091	20,723	SH		SOLE		0	0	20,723
VANGUARD DIVIDEND APPRECIATION	ETF	921908844	11,212	101,281	SH		SOLE		0	0	101,281
VANGUARD FTSE DEVELOPED MARKET	ETF	921943858	2,280	52,689	SH		SOLE		0	0	52,689
VANGUARD INDEX FDS REIT ETF	ETF	922908553	4,034	50,000	SH		SOLE		0	0	50,000
VANGUARD INTL EQUITY INDEX FD	ETF	922042858	1,227	29,926	SH		SOLE		0	0	29,926
VANGUARD MID CAP ETF	ETF	922908629	9,751	59,387	SH		SOLE		0	0	59,387
VANGUARD MSCI EUROPE ETF	ETF	922042874	441	7,853	SH		SOLE		0	0	7,853
VANGUARD S&P 500 ETF	ETF	922908363	883	3,306	SH		SOLE		0	0	3,306
VANGUARD TOTAL INTERNATIONAL S	ETF	921909768	1,363	25,248	SH		SOLE		0	0	25,248
VANGUARD TOTAL STOCK MARKET ET	ETF	922908769	591	3,949	SH		SOLE		0	0	3,949
WISDOMTREE DIVIDEND EX-FIN ETF	ETF	97717W406	855	9,455	SH		SOLE		0	0	9,455
BROOKFIELD PROPERTY P LP	CL END	g16249107	434	20,785	SH		SOLE		0	0	20,785
CBL AND ASSOCIATES PROPERTIES	CL END	124830100	262	65,590	SH		SOLE		0	0	65,590
EMPIRE STATE REALTY OP LP SERI	CL END	292102209	178	10,737	SH		SOLE		0	0	10,737
EQUITY RESIDENTIAL PROPERTIES	CL END	29476L107	246	3,720	SH		SOLE		0	0	3,720
FEDERAL REALTY INV TRUST	CL END	313747206	266	2,105	SH		SOLE		0	0	2,105
KIMCO REALTY CORP	CL END	49446R109	320	19,100	SH		SOLE		0	0	19,100
MID-AMER APT CMNTYS INC	CL END	59522J103	212	2,119	SH		SOLE		0	0	2,119
MONMOUTH REAL ESTATE INVESTMEN	CL END	609720107	17,471	1,044,886	SH		SOLE		0	0	1,044,886
NATIONAL RETAIL PROPERTIES INC	CL END	637417106	1,502	33,522	SH		SOLE		0	0	33,522
REDWOOD TRUST, INC.	CL END	758075402	1,294	79,650	SH		SOLE		0	0	79,650
REGENCY CENTERS CORP	CL END	758849103	312	4,831	SH		SOLE		0	0	4,831
SELECT INCOME REIT	CL END	81618T100	1,468	66,919	SH		SOLE		0	0	66,919
UMH PROPERTIES INC	CL END	903002103	12,673	810,288	SH		SOLE		0	0	810,288
VEREIT INC	CL END	92339v100	77	10,582	SH		SOLE		0	0	10,582
ALLERGAN PLC	FOR	G0177J108	3,028	15,899	SH		SOLE		0	0	15,899
BAIDU INC SPN ADR	FOR	056752108	1,542	6,745	SH		SOLE		0	0	6,745
BANCO SANTANDER SA ADS	FOR	05964H105	64	12,757	SH		SOLE		0	0	12,757
BP AMOCO PLC - SPONS ADR	FOR	055622104	3,598	78,048	SH		SOLE		0	0	78,048
BTG PLC	FOR	G1660V103	95	13,007	SH		SOLE		0	0	13,007
CHECK POINT SOFTWARE TECHNOLOG	FOR	M22465104	216	1,837	SH		SOLE		0	0	1,837
DIAGEO PLC-SPONSORED ADR NEW	FOR	25243Q205	3,894	27,487	SH		SOLE		0	0	27,487
NESTLE S A - ADR REG SHS	FOR	641069406	4,505	53,787	SH		SOLE		0	0	53,787
NOVARTIS AG-ADR	FOR	66987V109	586	6,796	SH		SOLE		0	0	6,796
NXP SEMICONDUCTORS N V COM	FOR	N6596X109	919	10,750	SH		SOLE		0	0	10,750
PHILIP MORRIS INTL INC COM	FOR	718172109	1,522	18,662	SH		SOLE		0	0	18,662
RIO TINTO PLC SPONSORED ADR	FOR	767204100	5,022	98,438	SH		SOLE		0	0	98,438
ROYAL DUTCH SHELL PLC	FOR	780259206	6,529	95,820	SH		SOLE		0	0	95,820
ROYAL DUTCH SHELL PLC B	FOR	780259107	300	4,232	SH		SOLE		0	0	4,232
SIEMENS AG SPONS ADR	FOR	826197501	3,610	56,335	SH		SOLE		0	0	56,335
TE CONNECTIVITY LTD	FOR	H84989104	396	4,500	SH		SOLE		0	0	4,500
UNILEVER N V N Y SHS NEW	FOR	904784709	286	5,150	SH		SOLE		0	0	5,150
VEONEER INC	FOR	92336X109	1,893	34,375	SH		SOLE		0	0	34,375
WILLIS TOWERS WATSON PUBLIC LI	FOR	G96629103	2,339	16,593	SH		SOLE		0	0	16,593
WPP GROUP PLC	FOR	92937A102	663	9,050	SH		SOLE		0	0	9,050