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	7,712	44,493	SH		SOLE		0	0	44,493
ABBOTT LABS	COM	002824100	9,017	107,212	SH		SOLE		0	0	107,212
ABBVIE INC.	COM	00287y109	5,204	71,567	SH		SOLE		0	0	71,567
ACCENTURE PLC	COM	G1151C101	1,749	9,465	SH		SOLE		0	0	9,465
ADOBE SYS INC COM	COM	00724F101	12,638	42,893	SH		SOLE		0	0	42,893
AERIE PHARMACEUTICALS INC	COM	00771V108	623	21,076	SH		SOLE		0	0	21,076
AFLAC INC	COM	001055102	219	4,000	SH		SOLE		0	0	4,000
AGILENT TECHNOLOGIES	COM	00846U101	2,652	35,520	SH		SOLE		0	0	35,520
AIR PRODS & CHEMS INC	COM	009158106	1,024	4,525	SH		SOLE		0	0	4,525
ALIBABA GROUP HOLDING	COM	01609W102	376	2,216	SH		SOLE		0	0	2,216
ALLEGHANY CORP DEL	COM	017175100	1,671	2,454	SH		SOLE		0	0	2,454
ALLSTATE CORP	COM	020002101	284	2,790	SH		SOLE		0	0	2,790
ALPHABET INC CAP STK CL A	COM	02079K305	6,241	5,764	SH		SOLE		0	0	5,764
ALPHABET INC CAP STK CL C	COM	02079K107	17,744	16,416	SH		SOLE		0	0	16,416
ALTRIA GROUP INC	COM	02209S103	508	10,722	SH		SOLE		0	0	10,722
AMAZON COM INC	COM	023135106	18,624	9,835	SH		SOLE		0	0	9,835
AMERICAN EXPRESS CO	COM	025816109	5,590	45,289	SH		SOLE		0	0	45,289
AMERICAN INTL GROUP	COM	026874784	3,531	66,274	SH		SOLE		0	0	66,274
AMERIS BANCORP	COM	03076K108	514	13,121	SH		SOLE		0	0	13,121
AMERISOURCEBERGEN CORP.	COM	03073E105	1,233	14,462	SH		SOLE		0	0	14,462
AMETEK INC NEW	COM	031100100	960	10,564	SH		SOLE		0	0	10,564
AMGEN INC	COM	031162100	646	3,505	SH		SOLE		0	0	3,505
AMNEAL PHARMACEUTICALS LLC	COM	03168L105	72	10,000	SH		SOLE		0	0	10,000
ANALOG DEVICES INC	COM	032654105	586	5,191	SH		SOLE		0	0	5,191
ANTHEM INC	COM	036752103	820	2,904	SH		SOLE		0	0	2,904
APPLE INC COM	COM	037833100	13,979	70,628	SH		SOLE		0	0	70,628
AQUA AMERICA INC COM	COM	03836W103	315	7,625	SH		SOLE		0	0	7,625
AT&T INC	COM	00206R102	1,427	42,598	SH		SOLE		0	0	42,598
ATHERSYS INC COM	COM	04744l106	17	10,000	SH		SOLE		0	0	10,000
AUTODESK INC	COM	052769106	308	1,892	SH		SOLE		0	0	1,892
AUTOMATIC DATA PROCESS	COM	053015103	792	4,789	SH		SOLE		0	0	4,789
BANK AMER CORP COM	COM	060505104	5,389	185,843	SH		SOLE		0	0	185,843
BANK NEW YORK MELLON CORP	COM	064058100	264	5,979	SH		SOLE		0	0	5,979
BB&T CORP	COM	054937107	1,680	34,192	SH		SOLE		0	0	34,192
BECTON DICKINSON & CO	COM	075887109	3,240	12,856	SH		SOLE		0	0	12,856
BERKSHIRE HATHAWAY INC CL A	COM	084670108	637	2	SH		SOLE		0	0	2
BERKSHIRE HATHAWAY INC CL B	COM	084670702	13,785	64,669	SH		SOLE		0	0	64,669
BOEING CO COM	COM	097023105	8,243	22,645	SH		SOLE		0	0	22,645
BOOKING HOLDINGS INC	COM	09857L108	4,990	2,662	SH		SOLE		0	0	2,662
BORGWARNER INC COM	COM	099724106	1,768	42,123	SH		SOLE		0	0	42,123
BOSTON SCIENTIFIC CORPORATION	COM	101137107	215	5,000	SH		SOLE		0	0	5,000
BRISTOL MYERS SQUIBB	COM	110122108	1,159	25,561	SH		SOLE		0	0	25,561
BROADCOM LTD	COM	11135f101	643	2,235	SH		SOLE		0	0	2,235
CAPITAL ONE FINANCIAL CORP.	COM	14040H105	1,162	12,809	SH		SOLE		0	0	12,809
CARMAX INC COM	COM	143130102	5,124	59,007	SH		SOLE		0	0	59,007
CATERPILLAR INC DEL	COM	149123101	259	1,900	SH		SOLE		0	0	1,900
CBRE GROUP INC CL A	COM	12504L109	4,492	87,572	SH		SOLE		0	0	87,572
CHEVRON TEXACO CORP	COM	166764100	11,968	96,177	SH		SOLE		0	0	96,177
CHUBB LTD	COM	H1467J104	864	5,863	SH		SOLE		0	0	5,863
CIENA CORPORATION	COM	171779309	1,552	37,732	SH		SOLE		0	0	37,732
CISCO SYS INC COM	COM	17275R102	14,762	269,733	SH		SOLE		0	0	269,733
CITIGROUP INC COM NEW	COM	172967424	257	3,674	SH		SOLE		0	0	3,674
CITIZENS BANCSHARES CORP FRAC1	COM	bhd168101	0	10,000	SH		SOLE		0	0	10,000
COCA COLA CO COM	COM	191216100	35,600	699,137	SH		SOLE		0	0	699,137
COLGATE PALMOLIVE CO	COM	194162103	1,519	21,197	SH		SOLE		0	0	21,197
CONOCOPHILIPS	COM	20825C104	2,992	49,055	SH		SOLE		0	0	49,055
COPART INC	COM	217204106	5,837	78,095	SH		SOLE		0	0	78,095
CORNING INC	COM	219350105	1,416	42,625	SH		SOLE		0	0	42,625
COSTCO WHOLESALE CORP	COM	22160K105	3,602	13,629	SH		SOLE		0	0	13,629
CRANE COMPANY	COM	224399105	582	6,975	SH		SOLE		0	0	6,975
CSX CORP	COM	126408103	209	2,700	SH		SOLE		0	0	2,700
CVS HEALTH CORP.	COM	126650100	1,470	26,972	SH		SOLE		0	0	26,972
DANAHER CORP DEL	COM	235851102	6,952	48,643	SH		SOLE		0	0	48,643
DARDEN RESTAURANTS INC	COM	237194105	984	8,087	SH		SOLE		0	0	8,087
DELTA AIR LINES INC DEL COM NE	COM	247361702	286	5,043	SH		SOLE		0	0	5,043
DIAMONDBACK ENERGY	COM	25278x109	1,319	12,106	SH		SOLE		0	0	12,106
DISCOVERY COMMUNICATNS NEW COM	COM	25470F104	6,380	207,805	SH		SOLE		0	0	207,805
DOLLAR TREE, INC.	COM	256746108	1,098	10,225	SH		SOLE		0	0	10,225
DOMINION RES VA NEW	COM	25746U109	423	5,467	SH		SOLE		0	0	5,467
DOVER CORP	COM	260003108	1,131	11,288	SH		SOLE		0	0	11,288
DU PONT E I DE NEMOURS	COM	26614N102	209	2,781	SH		SOLE		0	0	2,781
DUKE ENERGY CORP	COM	26441C204	2,029	22,991	SH		SOLE		0	0	22,991
EASTMAN CHEM CO	COM	277432100	2,576	33,100	SH		SOLE		0	0	33,100
EATON CORPORATION, PLC	COM	G29183103	327	3,921	SH		SOLE		0	0	3,921
EATON VANCE CORP COM NON VTG	COM	278265103	1,222	28,335	SH		SOLE		0	0	28,335
EBAY INC	COM	278642103	237	6,000	SH		SOLE		0	0	6,000
EDWARDS LIFESCIENCES	COM	28176E108	4,359	23,593	SH		SOLE		0	0	23,593
ELECTRONIC ARTS INC.	COM	285512109	1,479	14,604	SH		SOLE		0	0	14,604
EMERSON ELEC CO COM	COM	291011104	874	13,100	SH		SOLE		0	0	13,100
ENERGY TRANSFER LP	COM	29273v100	157	11,150	SH		SOLE		0	0	11,150
ENTERPRISE PRODUCTS PARTNERS	COM	293792107	661	22,905	SH		SOLE		0	0	22,905
EOG RESOURCES INC	COM	26875P101	2,395	25,713	SH		SOLE		0	0	25,713
EQUIFAX INC	COM	294429105	10,690	79,048	SH		SOLE		0	0	79,048
ETSY INC	COM	29786A106	296	4,819	SH		SOLE		0	0	4,819
EURONET WORLDWIDE INC	COM	298736109	4,178	24,835	SH		SOLE		0	0	24,835
EXELON CORPORATION	COM	30161N101	1,777	37,074	SH		SOLE		0	0	37,074
EXXON MOBIL CORP COM	COM	30231G102	10,272	134,046	SH		SOLE		0	0	134,046
FACEBOOK INC-A	COM	30303m102	401	2,077	SH		SOLE		0	0	2,077
FIDELITY NATIONAL INFORMATION	COM	31620M106	859	7,000	SH		SOLE		0	0	7,000
FIDELITY SOUTHERN CORPORATION	COM	316394105	1,851	59,776	SH		SOLE		0	0	59,776
FIRSTENERGY CORP COM	COM	337932107	3,790	88,533	SH		SOLE		0	0	88,533
FISERV INC	COM	337738108	23,366	256,315	SH		SOLE		0	0	256,315
FORTIVE CORPORATION	COM	34959J108	3,974	48,753	SH		SOLE		0	0	48,753
GENERAL ELECTRIC CO COM	COM	369604103	124	11,778	SH		SOLE		0	0	11,778
GENERAL MLS INC	COM	370334104	283	5,383	SH		SOLE		0	0	5,383
GENUINE PARTS CO	COM	372460105	7,121	68,753	SH		SOLE		0	0	68,753
GLOBAL PAYMENTS INC.	COM	37940X102	263	1,640	SH		SOLE		0	0	1,640
GRACO INC	COM	384109104	1,081	21,546	SH		SOLE		0	0	21,546
HARRIS CORP DEL	COM	413875105	1,034	5,465	SH		SOLE		0	0	5,465
HD SUPPLY HOLDINGS, INC.	COM	40416M105	3,054	75,825	SH		SOLE		0	0	75,825
HERSHEY FOODS CORP	COM	427866108	445	3,322	SH		SOLE		0	0	3,322
HILTON WORLDWIDE HOLDINGS INC	COM	43300A203	417	4,266	SH		SOLE		0	0	4,266
HOME DEPOT INC	COM	437076102	20,834	100,176	SH		SOLE		0	0	100,176
HONEYWELL INTL INC	COM	438516106	2,822	16,166	SH		SOLE		0	0	16,166
HUNTINGTON INGALLS INDS INC CO	COM	446413106	1,011	4,497	SH		SOLE		0	0	4,497
IDEX CORP	COM	45167R104	409	2,375	SH		SOLE		0	0	2,375
ILLINOIS TOOL WKS INC	COM	452308109	1,382	9,166	SH		SOLE		0	0	9,166
INGERSOLL-RAND CO CL A	COM	G47791101	1,992	15,722	SH		SOLE		0	0	15,722
INSTALLED BUILDING PRODUCTS	COM	45780R101	792	13,373	SH		SOLE		0	0	13,373
INTEL CORP	COM	458140100	5,769	120,508	SH		SOLE		0	0	120,508
INTERCONTINENTAL EXCHANGE, INC	COM	45866F104	10,315	120,023	SH		SOLE		0	0	120,023
INTERNATIONAL BUSINESS MACHS C	COM	459200101	3,928	28,486	SH		SOLE		0	0	28,486
INTERPUBLIC GROUP COS INC COM	COM	460690100	346	15,300	SH		SOLE		0	0	15,300
INTUIT INC	COM	461202103	4,060	15,537	SH		SOLE		0	0	15,537
IQVIA HOLDINGS INC	COM	46266c105	9,206	57,217	SH		SOLE		0	0	57,217
JOHNSON & JOHNSON	COM	478160104	18,813	135,070	SH		SOLE		0	0	135,070
JPMORGAN CHASE & CO COM	COM	46625H100	9,346	83,592	SH		SOLE		0	0	83,592
KEYCORP NEW	COM	493267108	1,171	65,955	SH		SOLE		0	0	65,955
KIMBERLY CLARK CORP	COM	494368103	946	7,101	SH		SOLE		0	0	7,101
KRATOS DEFENSE AND SECURITY SO	COM	50077B207	636	27,780	SH		SOLE		0	0	27,780
LILLY ELI & CO	COM	532457108	4,160	37,553	SH		SOLE		0	0	37,553
LKQ CORP	COM	501889208	1,621	60,900	SH		SOLE		0	0	60,900
LOCKHEED MARTIN CORP	COM	539830109	4,006	11,020	SH		SOLE		0	0	11,020
LOWES COS INC	COM	548661107	640	6,346	SH		SOLE		0	0	6,346
MAGELLAN MIDSTREAM PARTNERS, L	COM	559080106	256	4,000	SH		SOLE		0	0	4,000
MANULIFE FINANCIAL CORP	COM	56501R106	419	23,024	SH		SOLE		0	0	23,024
MARATHON OIL CORP	COM	565849106	156	10,985	SH		SOLE		0	0	10,985
MARATHON PETROLEUM CORP	COM	56585A102	1,401	25,073	SH		SOLE		0	0	25,073
MARKEL CORP	COM	570535104	7,185	6,594	SH		SOLE		0	0	6,594
MARRIOTT INTL INC NEW CL A	COM	571903202	8,427	60,065	SH		SOLE		0	0	60,065
MARSH & MCLENNAN COS	COM	571748102	222	2,229	SH		SOLE		0	0	2,229
MARTIN MARIETTA MATERIALS INC	COM	573284106	787	3,420	SH		SOLE		0	0	3,420
MARVELL TECHNOLOGY GROUP LTD O	COM	G5876H105	1,327	55,608	SH		SOLE		0	0	55,608
MASCO CORP COM	COM	574599106	3,277	83,508	SH		SOLE		0	0	83,508
MASTERCARD INCORPORATED CL A	COM	57636Q104	8,921	33,724	SH		SOLE		0	0	33,724
MCDONALDS CORP COM	COM	580135101	2,763	13,303	SH		SOLE		0	0	13,303
MCKESSON CORP	COM	58155Q103	894	6,650	SH		SOLE		0	0	6,650
MEDTRONIC PLC	COM	G5960L103	2,903	29,812	SH		SOLE		0	0	29,812
MERCK & CO INC COM	COM	58933Y105	17,280	206,086	SH		SOLE		0	0	206,086
METLIFE INC COM	COM	59156R108	1,281	25,795	SH		SOLE		0	0	25,795
MICROSOFT CORP COM	COM	594918104	24,636	183,905	SH		SOLE		0	0	183,905
MOHAWK INDS INC	COM	608190104	258	1,750	SH		SOLE		0	0	1,750
MONDELEZ INTERNATIONAL INC	COM	609207105	2,123	39,379	SH		SOLE		0	0	39,379
MORGAN STANLEY DEAN WITTER COM	COM	617446448	766	17,476	SH		SOLE		0	0	17,476
MORNINGSTAR INC	COM	617700109	305	2,110	SH		SOLE		0	0	2,110
NATIONAL FUEL GAS N J	COM	636180101	748	14,180	SH		SOLE		0	0	14,180
NEXTERA ENERGY INC COM	COM	65339F101	4,124	20,130	SH		SOLE		0	0	20,130
NIKE INC CL B	COM	654106103	2,440	29,059	SH		SOLE		0	0	29,059
NORFOLK SOUTHERN CORP	COM	655844108	1,548	7,765	SH		SOLE		0	0	7,765
NORTHROP GRUMMAN CORP	COM	666807102	711	2,200	SH		SOLE		0	0	2,200
NVR INC COM	COM	62944T105	482	143	SH		SOLE		0	0	143
O'REILLY AUTOMOTIVE INC	COM	67103H107	3,438	9,309	SH		SOLE		0	0	9,309
OMNICOM GROUP INC	COM	681919106	1,725	21,050	SH		SOLE		0	0	21,050
ORACLE CORP	COM	68389X105	2,325	40,812	SH		SOLE		0	0	40,812
OSHKOSH CORP COM	COM	688239201	1,362	16,313	SH		SOLE		0	0	16,313
PALO ALTO NETWORKS, INC.	COM	697435105	3,197	15,689	SH		SOLE		0	0	15,689
PAYPAL HOLDINGS INC	COM	70450y103	3,061	26,745	SH		SOLE		0	0	26,745
PEPSICO INC COM	COM	713448108	16,972	129,428	SH		SOLE		0	0	129,428
PFIZER INC COM	COM	717081103	8,314	191,921	SH		SOLE		0	0	191,921
PHILLIPS 66	COM	718546104	426	4,553	SH		SOLE		0	0	4,553
PNC FINANCIAL SVCS GROUP	COM	693475105	330	2,406	SH		SOLE		0	0	2,406
PPG INDS INC	COM	693506107	2,044	17,511	SH		SOLE		0	0	17,511
PRA HEALTH SCIENCES, INC	COM	69354m108	1,333	13,449	SH		SOLE		0	0	13,449
PRINCIPAL FINANCIAL GROUP	COM	74251V102	1,924	33,215	SH		SOLE		0	0	33,215
PROCTER & GAMBLE CO	COM	742718109	7,470	68,128	SH		SOLE		0	0	68,128
RAYTHEON CO	COM	755111507	733	4,215	SH		SOLE		0	0	4,215
REGIONS FINANCIAL CORP	COM	7591EP100	463	31,003	SH		SOLE		0	0	31,003
REPUBLIC SVCS INC	COM	760759100	2,198	25,370	SH		SOLE		0	0	25,370
ROSS STORES INC	COM	778296103	485	4,889	SH		SOLE		0	0	4,889
S&P GLOBAL INC	COM	78409V104	228	1,000	SH		SOLE		0	0	1,000
SALESFORCE.COM INC	COM	79466L302	1,376	9,066	SH		SOLE		0	0	9,066
SANDERSON FARMS INC	COM	800013104	819	6,000	SH		SOLE		0	0	6,000
SCHLUMBERGER LTD COM	COM	806857108	1,710	43,020	SH		SOLE		0	0	43,020
SEMPRA ENERGY	COM	816851109	205	1,488	SH		SOLE		0	0	1,488
SHERWIN WILLIAMS CO	COM	824348106	259	565	SH		SOLE		0	0	565
SITEONE LANDSCAPE SUPPLY, INC.	COM	82982L103	776	11,200	SH		SOLE		0	0	11,200
SKYWORKS SOLUTIONS INC	COM	83088M102	632	8,177	SH		SOLE		0	0	8,177
SOLAR CAPITAL LTD	COM	83413u100	550	26,802	SH		SOLE		0	0	26,802
SOUTHERN CO COM	COM	842587107	1,277	23,094	SH		SOLE		0	0	23,094
SOUTHWEST AIRLS CO COM	COM	844741108	456	8,972	SH		SOLE		0	0	8,972
STARBUCKS CORP	COM	855244109	2,372	28,295	SH		SOLE		0	0	28,295
STATE STREET CORP	COM	857477103	1,888	33,676	SH		SOLE		0	0	33,676
STRYKER CORP	COM	863667101	3,441	16,737	SH		SOLE		0	0	16,737
SUNTRUST BKS INC	COM	867914103	12,232	194,620	SH		SOLE		0	0	194,620
SYNOVUS FINANCIAL CORP	COM	87161C501	337	9,623	SH		SOLE		0	0	9,623
SYSCO CORP	COM	871829107	405	5,720	SH		SOLE		0	0	5,720
TARGET CORP COM	COM	87612E106	504	5,821	SH		SOLE		0	0	5,821
TELADOC INC	COM	87918A105	381	5,740	SH		SOLE		0	0	5,740
TERRAFORM POWER INC	COM	88104r209	1,184	82,800	SH		SOLE		0	0	82,800
TEXAS INSTRS INC	COM	882508104	2,222	19,364	SH		SOLE		0	0	19,364
THE ESTEE LAUDER COMPANIES, IN	COM	518439104	497	2,713	SH		SOLE		0	0	2,713
THERMO FISCHER SCIENTIFIC	COM	883556102	2,334	7,946	SH		SOLE		0	0	7,946
THOMASVILLE BANCSHARES INC	COM	884608100	378	9,000	SH		SOLE		0	0	9,000
TJX COS INC NEW	COM	872540109	11,413	215,819	SH		SOLE		0	0	215,819
TOPBUILD CORP	COM	89055F103	248	3,001	SH		SOLE		0	0	3,001
TORCHMARK CORP	COM	891027104	891	9,959	SH		SOLE		0	0	9,959
TORTOISE ENERGY INFRASTRUCTURE	COM	89147L100	743	32,958	SH		SOLE		0	0	32,958
TORTOISE POWER AND ENERGY INFR	COM	89147X104	403	21,978	SH		SOLE		0	0	21,978
TOTAL SYS SVCS INC	COM	891906109	1,201	9,365	SH		SOLE		0	0	9,365
TRAVELERS COS INC	COM	89417E109	1,233	8,248	SH		SOLE		0	0	8,248
U.S. TECHNOLOGIES	COM	91272D309	0	20,000	SH		SOLE		0	0	20,000
UNION PAC CORP	COM	907818108	2,342	13,850	SH		SOLE		0	0	13,850
UNITED HEALTH PRODS INC	COM	91059d100	1,071	1,139,000	SH		SOLE		0	0	1,139,000
UNITED PARCEL SERVICE INC CL B	COM	911312106	1,637	15,852	SH		SOLE		0	0	15,852
UNITED RENTALS INC.	COM	911363109	4,754	35,845	SH		SOLE		0	0	35,845
UNITED TECHNOLOGIES CP	COM	913017109	2,741	21,055	SH		SOLE		0	0	21,055
UNITEDHEALTH GROUP INC COM	COM	91324P102	4,168	17,081	SH		SOLE		0	0	17,081
UNIVERSAL DISPLAY CORPORATION	COM	91347P105	1,339	7,120	SH		SOLE		0	0	7,120
US BANCORP DEL	COM	902973304	1,993	38,025	SH		SOLE		0	0	38,025
V F CORP	COM	918204108	3,664	41,950	SH		SOLE		0	0	41,950
VERIZON COMMUNICATIONS	COM	92343V104	9,558	167,304	SH		SOLE		0	0	167,304
VISA INC - CLASS A	COM	92826C839	14,807	85,318	SH		SOLE		0	0	85,318
VISTRA ENERGY CORP	COM	92840m102	1,755	77,500	SH		SOLE		0	0	77,500
VMWARE, INC. CL A	COM	928563402	8,811	52,697	SH		SOLE		0	0	52,697
VULCAN MATLS CO	COM	929160109	3,787	27,583	SH		SOLE		0	0	27,583
WAL-MART STORES INC COM	COM	931142103	14,987	135,644	SH		SOLE		0	0	135,644
WALGREENS BOOTS ALLIANCE, INC.	COM	931427108	2,739	50,103	SH		SOLE		0	0	50,103
WALT DISNEY CO	COM	254687106	9,577	68,582	SH		SOLE		0	0	68,582
WASTE MGMT INC DEL COM	COM	94106L109	205	1,776	SH		SOLE		0	0	1,776
WEC ENERGY GROUP, INC	COM	92939U106	703	8,434	SH		SOLE		0	0	8,434
WELLS FARGO & CO NEW COM	COM	949746101	1,896	40,069	SH		SOLE		0	0	40,069
WEST PHARMACEUTICAL SERVICES	COM	955306105	325	2,600	SH		SOLE		0	0	2,600
WEYERHAEUSER CO	COM	962166104	3,334	126,573	SH		SOLE		0	0	126,573
WINNEBAGO INDUSTRIES	COM	974637100	901	23,300	SH		SOLE		0	0	23,300
WOODWARD, INC	COM	980745103	683	6,036	SH		SOLE		0	0	6,036
WR BERKLEY CORP	COM	084423102	3,931	59,629	SH		SOLE		0	0	59,629
XCEL ENERGY INC	COM	98389B100	238	4,003	SH		SOLE		0	0	4,003
YUM! BRANDS INC	COM	988498101	357	3,229	SH		SOLE		0	0	3,229
ZOETIS INC.	COM	98978v103	2,689	23,691	SH		SOLE		0	0	23,691
AMEX ENERGY SECTOR SPDR	ETF	81369Y506	1,664	26,124	SH		SOLE		0	0	26,124
AMEX TECHNOLOGY SECTOR SPDR	ETF	81369Y803	2,579	33,042	SH		SOLE		0	0	33,042
CONSUMER DISCRETIONARY SELECT	ETF	81369Y407	345	2,892	SH		SOLE		0	0	2,892
FIDELITY MSCI INFORMATION TECH	ETF	316092808	365	5,861	SH		SOLE		0	0	5,861
INVESCO FTSE RAFI US 1000 ETF	ETF	46137V613	1,392	11,935	SH		SOLE		0	0	11,935
INVESCO S&P 500 EQUAL WEIGHT E	ETF	46137V357	9,333	86,581	SH		SOLE		0	0	86,581
INVESCO S&P 500 QUALITY ETF	ETF	46137V241	2,652	80,061	SH		SOLE		0	0	80,061
ISHARES DJ SELECT DIVIDEND	ETF	464287168	761	7,647	SH		SOLE		0	0	7,647
ISHARES DJ US HEALTHCARE SEC	ETF	464287762	448	2,294	SH		SOLE		0	0	2,294
ISHARES MSCI PACIFIC EX-JAPAN	ETF	464286665	420	8,900	SH		SOLE		0	0	8,900
ISHARES NASDAQ BIOTECH ETF	ETF	464287556	233	2,140	SH		SOLE		0	0	2,140
ISHARES RUSSELL 1000 GROWTH	ETF	464287614	5,916	37,598	SH		SOLE		0	0	37,598
ISHARES RUSSELL 1000 INDEX	ETF	464287622	15,070	92,576	SH		SOLE		0	0	92,576
ISHARES RUSSELL TOP 200 GROWTH	ETF	464289438	347	4,050	SH		SOLE		0	0	4,050
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	557	11,410	SH		SOLE		0	0	11,410
ISHARES TR CORE S&P SCP ETF	ETF	464287804	2,245	28,680	SH		SOLE		0	0	28,680
ISHARES TR CORE S&P500 ETF	ETF	464287200	56,765	192,588	SH		SOLE		0	0	192,588
ISHARES TR RUS 1000 VAL ETF	ETF	464287598	1,015	7,975	SH		SOLE		0	0	7,975
ISHARES TR RUSSELL 2000 GROWTH	ETF	464287648	278	1,385	SH		SOLE		0	0	1,385
ISHARES TR S&P500 GRW	ETF	464287309	6,271	34,986	SH		SOLE		0	0	34,986
ISHARES TRUST RUSSELL 2000 IND	ETF	464287655	3,204	20,602	SH		SOLE		0	0	20,602
ISHARES TRUST S&P MIDCAP 400	ETF	464287507	3,343	17,209	SH		SOLE		0	0	17,209
ISHARES US TECHNOLOGY ETF	ETF	464287721	548	2,771	SH		SOLE		0	0	2,771
KBW REGIONAL BANKING ETF	ETF	78464A698	3,687	69,000	SH		SOLE		0	0	69,000
NUVEEN DOW 30SM DYNAMIC OVERWR	ETF	67075f105	212	12,023	SH		SOLE		0	0	12,023
PROSHARES S&P 500 DIVIDEND ARI	ETF	74348a467	215	3,100	SH		SOLE		0	0	3,100
SCHWAB US LARGE-CAP ETF	ETF	808524201	366	5,214	SH		SOLE		0	0	5,214
SELECT SECTOR SPDR TR SBI INT-	ETF	81369Y605	1,581	57,287	SH		SOLE		0	0	57,287
SELECT SECTOR SPDR TR SBI INT-	ETF	81369Y704	357	4,613	SH		SOLE		0	0	4,613
SPDR DJIA TRUST	ETF	78467X109	5,681	21,370	SH		SOLE		0	0	21,370
SPDR GOLD TRUST	ETF	78463V107	2,018	15,151	SH		SOLE		0	0	15,151
SPDR HOMEBUILDERS ETF	ETF	78464A888	232	5,563	SH		SOLE		0	0	5,563
SPDR S&P 500 ETF TR TR UNIT	ETF	78462F103	71,481	243,963	SH		SOLE		0	0	243,963
SPDR S&P BIOTECH ETF	ETF	78464A870	263	3,000	SH		SOLE		0	0	3,000
SPDR S&P DIVIDEND ETF	ETF	78464A763	2,396	23,751	SH		SOLE		0	0	23,751
SPDR S&P MIDCAP 400 ETF TR UTS	ETF	78467Y107	48,276	136,146	SH		SOLE		0	0	136,146
UTILITIES SELECT SECTOR SPDR	ETF	81369Y886	1,541	25,840	SH		SOLE		0	0	25,840
VANECK VECTORS ETF TR GOLD MIN	ETF	92189F106	626	24,485	SH		SOLE		0	0	24,485
VANGUARD DIVIDEND APPRECIATION	ETF	921908844	12,573	109,175	SH		SOLE		0	0	109,175
VANGUARD FTSE DEVELOPED MARKET	ETF	921943858	1,161	27,837	SH		SOLE		0	0	27,837
VANGUARD GROWTH ETF	ETF	922908736	621	3,800	SH		SOLE		0	0	3,800
VANGUARD HIGH DIV YLD	ETF	921946406	302	3,455	SH		SOLE		0	0	3,455
VANGUARD INDEX FDS REIT ETF	ETF	922908553	4,343	49,691	SH		SOLE		0	0	49,691
VANGUARD INDEX FDS SMALL CP ET	ETF	922908751	411	2,621	SH		SOLE		0	0	2,621
VANGUARD INTL EQUITY INDEX FD	ETF	922042858	852	20,025	SH		SOLE		0	0	20,025
VANGUARD MID CAP ETF	ETF	922908629	10,176	60,878	SH		SOLE		0	0	60,878
VANGUARD MSCI EUROPE ETF	ETF	922042874	321	5,847	SH		SOLE		0	0	5,847
VANGUARD S&P 500 ETF	ETF	922908363	1,737	6,453	SH		SOLE		0	0	6,453
VANGUARD TOTAL STOCK MARKET ET	ETF	922908769	569	3,791	SH		SOLE		0	0	3,791
WISDOMTREE DIVIDEND EX-FIN ETF	ETF	97717W406	675	7,875	SH		SOLE		0	0	7,875
BROOKFIELD PROPERTY P LP	CL END	g16249107	271	14,306	SH		SOLE		0	0	14,306
EMPIRE STATE REALTY OP LP SERI	CL END	292102209	156	10,737	SH		SOLE		0	0	10,737
EQUITY RESIDENTIAL PROPERTIES	CL END	29476L107	282	3,720	SH		SOLE		0	0	3,720
FEDERAL REALTY INV TRUST	CL END	313747206	271	2,105	SH		SOLE		0	0	2,105
INDUSTRIAL LOGISTICS PROPERTIE	CL END	456237106	211	10,123	SH		SOLE		0	0	10,123
MID-AMER APT CMNTYS INC	CL END	59522J103	250	2,119	SH		SOLE		0	0	2,119
MONMOUTH REAL ESTATE INVESTMEN	CL END	609720107	10,184	751,588	SH		SOLE		0	0	751,588
NATIONAL RETAIL PROPERTIES INC	CL END	637417106	1,388	26,175	SH		SOLE		0	0	26,175
REDWOOD TRUST, INC.	CL END	758075402	1,269	76,750	SH		SOLE		0	0	76,750
REGENCY CENTERS CORP	CL END	758849103	322	4,831	SH		SOLE		0	0	4,831
UMH PROPERTIES INC	CL END	903002103	7,174	578,052	SH		SOLE		0	0	578,052
VEREIT INC	CL END	92339v100	95	10,582	SH		SOLE		0	0	10,582
BP AMOCO PLC - SPONS ADR	FOR	055622104	3,144	75,403	SH		SOLE		0	0	75,403
CHECK POINT SOFTWARE TECHNOLOG	FOR	M22465104	212	1,837	SH		SOLE		0	0	1,837
DIAGEO PLC-SPONSORED ADR NEW	FOR	25243Q205	4,825	28,001	SH		SOLE		0	0	28,001
NESTLE S A - ADR REG SHS	FOR	641069406	5,507	53,127	SH		SOLE		0	0	53,127
NOVARTIS AG-ADR	FOR	66987V109	686	7,518	SH		SOLE		0	0	7,518
NXP SEMICONDUCTORS N V COM	FOR	N6596X109	942	9,650	SH		SOLE		0	0	9,650
PHILIP MORRIS INTL INC COM	FOR	718172109	1,445	18,403	SH		SOLE		0	0	18,403
RIO TINTO PLC SPONSORED ADR	FOR	767204100	6,039	96,878	SH		SOLE		0	0	96,878
ROYAL DUTCH SHELL PLC	FOR	780259206	5,088	78,195	SH		SOLE		0	0	78,195
ROYAL DUTCH SHELL PLC B	FOR	780259107	224	3,400	SH		SOLE		0	0	3,400
SIEMENS AG SPONS ADR	FOR	826197501	299	5,025	SH		SOLE		0	0	5,025
TE CONNECTIVITY LTD	FOR	H84989104	431	4,500	SH		SOLE		0	0	4,500
UNILEVER N V N Y SHS NEW	FOR	904784709	313	5,150	SH		SOLE		0	0	5,150
WILLIS TOWERS WATSON PUBLIC LI	FOR	G96629103	3,091	16,140	SH		SOLE		0	0	16,140
WPP GROUP PLC	FOR	92937A102	365	5,800	SH		SOLE		0	0	5,800