Highland 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 CO	COM	88579Y101	1,881	11,291	SH		SOLE		11,291	0	0
ABBVIE INC	COM	00287Y109	1,790	31,333	SH		SOLE		26,847	0	4,486
ABERDEEN ASIA-PACIFIC PRIME IN	COM	003009107	70	13,983	SH		SOLE		13,983	0	0
ADOBE SYSTEMS INC	COM	00724F101	1,861	19,840	SH		SOLE		17,039	0	2,801
AFLAC INC	COM	001055102	8,985	142,296	SH		SOLE		126,046	0	16,250
ALASKA AIR GROUP INC	COM	011659109	1,448	17,657	SH		SOLE		15,097	0	2,560
ALLERGAN PLC	COM	G0177J108	1,408	5,255	SH		SOLE		4,489	0	766
ALLSTATE CORP	COM	020002101	9,477	140,672	SH		SOLE		131,847	0	8,825
ALLY FINANCIAL INC	COM	02005N100	1,630	87,095	SH		SOLE		74,395	0	12,700
ALPHABET INC CL A	COM	02079K305	10,928	14,324	SH		SOLE		13,665	0	659
ALPHABET INC CL C	COM	02079K107	10,361	13,909	SH		SOLE		12,988	0	921
ALTRIA GROUP INC	COM	02209S103	600	9,569	SH		SOLE		8,559	0	1,010
AMAZON.COM INC	COM	023135106	5,835	9,830	SH		SOLE		8,560	0	1,270
AMERCO	COM	023586100	1,611	4,508	SH		SOLE		3,848	0	660
AMERICAN AIRLINES GROUP INC	COM	02376R102	2,201	53,662	SH		SOLE		53,567	0	95
AMERICAN EXPRESS	COM	025816109	431	7,025	SH		SOLE		6,895	0	130
AMERICAN FINANCIAL GROUP INC	COM	025932104	5,412	76,913	SH		SOLE		66,693	0	10,220
AMERICAN INTERNATIONAL GROUP	COM	026874784	883	16,340	SH		SOLE		16,340	0	0
AMERIPRISE FINANCIAL INC	COM	03076C106	4,594	48,872	SH		SOLE		43,142	0	5,730
AMERISOURCEBERGEN CORP	COM	03073E105	1,269	14,661	SH		SOLE		12,523	0	2,138
AMGEN INC	COM	031162100	2,659	17,738	SH		SOLE		15,210	0	2,528
ANTHEM INC	COM	036752103	3,911	28,136	SH		SOLE		24,736	0	3,400
APACHE CORP	COM	037411105	2,266	46,424	SH		SOLE		46,424	0	0
APPLE COMPUTER	COM	037833100	25,316	232,277	SH		SOLE		220,547	0	11,730
ARCHER-DANIELS-MIDLAND COMPANY	COM	039483102	3,437	94,656	SH		SOLE		82,721	0	11,935
ARTHUR J GALLAGHER & CO	COM	363576109	922	20,725	SH		SOLE		17,704	0	3,021
AT&T INC	COM	00206R102	11,643	297,244	SH		SOLE		269,879	0	27,365
ATMOS ENERGY CORP	COM	049560105	3,174	42,735	SH		SOLE		37,365	0	5,370
AUTOMATIC DATA PROCESSING INC	COM	053015103	2,702	30,120	SH		SOLE		30,120	0	0
AUTONATION INC	COM	05329W102	1,246	26,703	SH		SOLE		22,847	0	3,856
AUTOZONE INC	COM	053332102	339	426	SH		SOLE		426	0	0
BANK OF AMERICA CORPORATION	COM	060505104	10,325	763,674	SH		SOLE		723,589	0	40,085
BANK OF NEW YORK MELLON CORP	COM	064058100	877	23,804	SH		SOLE		20,516	0	3,288
BECTON DICKINSON & CO	COM	075887109	2,010	13,239	SH		SOLE		11,305	0	1,934
BEMIS COMPANY INC	COM	081437105	5,156	99,569	SH		SOLE		86,509	0	13,060
BERKSHIRE HATHAWAY INC-CL B	COM	084670702	11,230	79,150	SH		SOLE		69,750	0	9,400
BIG LOTS INC	COM	089302103	750	16,557	SH		SOLE		16,557	0	0
BIOGEN IDEC INC	COM	09062X103	2,718	10,441	SH		SOLE		8,939	0	1,502
BLACKROCK INC	COM	09247X101	1,704	5,002	SH		SOLE		4,272	0	730
BOEING COMPANY	COM	097023105	9,962	78,475	SH		SOLE		77,314	0	1,161
BOOZ ALLEN HAMILTON HOLDINGS	COM	099502106	2,085	68,845	SH		SOLE		60,445	0	8,400
BOSTON SCIENTIFIC CORP	COM	101137107	690	36,705	SH		SOLE		36,705	0	0
BRINKER INTERNATIONAL	COM	109641100	778	16,924	SH		SOLE		14,457	0	2,467
BRISTOL MYERS-SQUIBB CO	COM	110122108	493	7,720	SH		SOLE		6,720	0	1,000
BROADCOM LTD	COM	Y09827109	4,928	31,898	SH		SOLE		31,898	0	0
BROADRIDGE FINANCIAL SOLUTIONS	COM	11133T103	1,209	20,378	SH		SOLE		17,404	0	2,974
C. H. ROBINSON WORLDWIDE INC	COM	12541W209	972	13,097	SH		SOLE		11,187	0	1,910
CAPITAL ONE FINANCIAL CORPORAT	COM	14040H105	7,526	108,589	SH		SOLE		94,764	0	13,825
CARDINAL HEALTH INC	COM	14149Y108	935	11,409	SH		SOLE		9,744	0	1,665
CASEY'S GENERAL STORES INC	COM	147528103	732	6,459	SH		SOLE		6,459	0	0
CBRE GROUP INC	COM	12504L109	773	26,815	SH		SOLE		22,905	0	3,910
CDK GLOBAL INC	COM	12508E101	406	8,719	SH		SOLE		8,719	0	0
CDW CORP	COM	12514G108	943	22,714	SH		SOLE		19,405	0	3,309
CELGENE CORP	COM	151020104	5,054	50,495	SH		SOLE		50,495	0	0
CENTENE CORP	COM	15135B101	876	14,224	SH		SOLE		12,169	0	2,055
CENTURYTEL INC	COM	156700106	3,881	121,441	SH		SOLE		105,596	0	15,845
CHARLES SCHWAB CORPORATION	COM	808513105	246	8,775	SH		SOLE		8,775	0	0
CHEVRON CORP	COM	166764100	13,159	137,940	SH		SOLE		126,766	0	11,174
CHIPOTLE MEXICAN GRILL INC	COM	169656105	3,685	7,825	SH		SOLE		7,825	0	0
CIGNA CORPORATION	COM	125509109	12,136	88,426	SH		SOLE		83,756	0	4,670
CISCO SYSTEMS INC	COM	17275R102	15,117	530,963	SH		SOLE		501,828	0	29,135
CITIGROUP INC	COM	172967424	5,365	128,505	SH		SOLE		121,955	0	6,550
CLEARSIGN COMBUSTION CORP	COM	185064102	129	32,454	SH		SOLE		32,454	0	0
CMS ENERGY CORP	COM	125896100	5,693	134,147	SH		SOLE		115,392	0	18,755
COCA COLA COMPANY	COM	191216100	12,334	265,876	SH		SOLE		242,818	0	23,058
COGNIZANT TECHNOLOGY SOLUTIONS	COM	192446102	2,825	45,060	SH		SOLE		39,595	0	5,465
COMCAST CORP CL A	COM	20030N101	16,721	273,749	SH		SOLE		253,732	0	20,017
CONOCOPHILLIPS	COM	20825C104	4,458	110,696	SH		SOLE		103,156	0	7,540
CONSTELLATION BRANDS INC	COM	21036P108	5,220	34,546	SH		SOLE		29,951	0	4,595
COSTCO WHOLESALE CORPORATION	COM	22160K105	8,533	54,150	SH		SOLE		54,150	0	0
CSX CORPORATION	COM	126408103	9,540	370,498	SH		SOLE		349,593	0	20,905
CVS CORPORATION	COM	126650100	19,394	186,969	SH		SOLE		169,903	0	17,066
DANAHER CORP	COM	235851102	906	9,547	SH		SOLE		8,181	0	1,366
DARDEN RESTAURANTS INC	COM	237194105	871	13,136	SH		SOLE		11,220	0	1,916
DEERE & CO	COM	244199105	760	9,874	SH		SOLE		9,874	0	0
DELTA AIR LINES INC	COM	247361702	13,252	272,220	SH		SOLE		253,080	0	19,140
DOLLAR GENERAL CORP	COM	256677105	12,103	141,394	SH		SOLE		131,874	0	9,520
DOW CHEMICAL CO	COM	260543103	5,587	109,855	SH		SOLE		96,550	0	13,305
DU PONT E I DE NEMOURS & CO	COM	263534109	942	14,871	SH		SOLE		14,871	0	0
DUKE ENERGY CORPORATION	COM	26441C204	410	5,077	SH		SOLE		5,077	0	0
EASTMAN CHEMICAL CO.	COM	277432100	957	13,250	SH		SOLE		11,313	0	1,937
EMC CORP-MASS	COM	268648102	11,865	445,210	SH		SOLE		410,810	0	34,400
ENERGY SELECT SECTOR SPDR FUND	COM	81369Y506	2,080	33,611	SH		SOLE		33,611	0	0
ESTEE LAUDER COMPANIES CL A	COM	518439104	226	2,395	SH		SOLE		2,395	0	0
EXPEDIA INC	COM	30212P303	1,200	11,131	SH		SOLE		9,517	0	1,614
EXPRESS SCRIPTS HOLDING COMPAN	COM	30219G108	1,647	23,975	SH		SOLE		20,600	0	3,375
EXTENDED STAY AMERICA INC	COM	30224P200	409	25,109	SH		SOLE		25,109	0	0
EXXON MOBIL CORPORATION	COM	30231G102	24,105	288,373	SH		SOLE		267,673	0	20,700
FACEBOOK INC	COM	30303M102	7,076	62,014	SH		SOLE		54,514	0	7,500
FEDEX CORPORATION	COM	31428X106	10,462	64,297	SH		SOLE		62,651	0	1,646
FINANCIAL SELECT SECTOR SPDR	COM	81369Y605	3,635	161,536	SH		SOLE		161,536	0	0
FIRST HORIZON NATIONAL CORPORA	COM	320517105	760	57,993	SH		SOLE		57,993	0	0
FLUOR CORPORATION	COM	343412102	1,356	25,247	SH		SOLE		25,247	0	0
FORD MOTOR COMPANY	COM	345370860	10,850	803,693	SH		SOLE		763,978	0	39,715
FREEPORT McMORAN COPPER & GOLD	COM	35671D857	1,108	107,142	SH		SOLE		107,142	0	0
GENERAL ELECTRIC COMPANY	COM	369604103	15,938	501,364	SH		SOLE		466,016	0	35,348
GENERAL MOTORS CO	COM	37045V100	5,061	161,030	SH		SOLE		140,960	0	20,070
GENTEX CORP	COM	371901109	2,953	188,230	SH		SOLE		164,045	0	24,185
GILEAD SCIENCES INC	COM	375558103	9,565	104,130	SH		SOLE		98,870	0	5,260
GLAXOSMITHKLINE PLC ADR	COM	37733W105	950	23,430	SH		SOLE		23,430	0	0
GLOBAL PAYMENTS INC	COM	37940X102	875	13,402	SH		SOLE		11,457	0	1,945
GRAPHIC PACKAGING HOLDING CO	COM	388689101	5,045	392,585	SH		SOLE		357,985	0	34,600
GTX INC	COM	40052B108	7	14,234	SH		SOLE		14,234	0	0
HALLIBURTON COMPANY	COM	406216101	1,284	35,956	SH		SOLE		35,956	0	0
HANESBRANDS INC	COM	410345102	1,363	48,088	SH		SOLE		41,073	0	7,015
HARRIS CORP DEL	COM	413875105	777	9,977	SH		SOLE		8,524	0	1,453
HASBRO INC	COM	418056107	1,811	22,606	SH		SOLE		19,306	0	3,300
HCA HOLDINGS INC	COM	40412C101	8,248	105,676	SH		SOLE		93,446	0	12,230
HD SUPPLY HOLDINGS INC	COM	40416M105	534	16,150	SH		SOLE		16,150	0	0
HOLLYFRONTIER CORP	COM	436106108	7,601	215,202	SH		SOLE		202,602	0	12,600
HOME DEPOT INC	COM	437076102	4,512	33,812	SH		SOLE		29,092	0	4,720
HONEYWELL INTERNATIONAL INC	COM	438516106	3,326	29,685	SH		SOLE		25,560	0	4,125
HUMANA INC	COM	444859102	2,945	16,099	SH		SOLE		16,099	0	0
INGREDION INC	COM	457187102	6,146	57,554	SH		SOLE		50,039	0	7,515
INTEL CORPORATION	COM	458140100	11,354	350,966	SH		SOLE		306,331	0	44,635
INTERCONTINENTAL EXCHANGE GROU	COM	45866F104	1,970	8,376	SH		SOLE		7,161	0	1,215
INTERNATIONAL BUSINESS MACHINE	COM	459200101	284	1,874	SH		SOLE		1,874	0	0
INTERNATIONAL PAPER	COM	460146103	5,212	127,006	SH		SOLE		109,907	0	17,099
INVESTCO LIMITED	COM	G491BT108	2,709	88,040	SH		SOLE		88,040	0	0
IPG PHOTONICS CORP	COM	44980X109	986	10,258	SH		SOLE		8,763	0	1,495
JETBLUE AIRWAYS CORP	COM	477143101	1,992	94,300	SH		SOLE		82,700	0	11,600
JOHNSON & JOHNSON	COM	478160104	20,688	191,200	SH		SOLE		177,535	0	13,665
JP MORGAN CHASE & CO	COM	46625H100	21,874	369,376	SH		SOLE		346,966	0	22,410
KELLOGG CO	COM	487836108	465	6,075	SH		SOLE		6,075	0	0
KINDER MORGAN INC	COM	49456B101	306	17,155	SH		SOLE		17,155	0	0
KRAFT HEINZ COMPANY	COM	500754106	5,597	71,249	SH		SOLE		62,324	0	8,925
KROGER COMPANY	COM	501044101	1,126	29,446	SH		SOLE		25,907	0	3,539
LENNAR CORP	COM	526057104	11,549	238,813	SH		SOLE		225,098	0	13,715
LINCOLN NATIONAL CORP	COM	534187109	3,295	84,047	SH		SOLE		73,357	0	10,690
LOCKHEED MARTIN CORPORATION	COM	539830109	951	4,294	SH		SOLE		3,726	0	568
LOWE'S COMPANIES INC	COM	548661107	9,569	126,322	SH		SOLE		124,621	0	1,701
MACY'S INC	COM	55616P104	4,181	94,819	SH		SOLE		83,574	0	11,245
MARATHON OIL CORP	COM	565849106	3,028	271,777	SH		SOLE		236,692	0	35,085
MASCO CORP	COM	574599106	1,017	32,348	SH		SOLE		32,348	0	0
MASTERCARD INC	COM	57636Q104	845	8,946	SH		SOLE		7,642	0	1,304
McDONALD'S CORPORATION	COM	580135101	452	3,600	SH		SOLE		3,090	0	510
McKESSON HBOC INC	COM	58155Q103	1,137	7,233	SH		SOLE		6,177	0	1,056
MEDNAX INC	COM	58502B106	1,558	24,110	SH		SOLE		20,605	0	3,505
MEDTRONIC PLC	COM	G5960L103	3,483	46,443	SH		SOLE		46,443	0	0
MERCK & COMPANY	COM	58933Y105	31,652	598,227	SH		SOLE		583,192	0	15,035
METLIFE INC	COM	59156R108	10,907	248,218	SH		SOLE		235,623	0	12,595
MICHAEL KORS HOLDINGS LTD	COM	G60754101	460	8,069	SH		SOLE		8,069	0	0
MICRON TECHNOLOGY INC	COM	595112103	1,505	143,776	SH		SOLE		125,536	0	18,240
MICROSOFT CORPORATION	COM	594918104	32,805	593,962	SH		SOLE		562,352	0	31,610
MIDDLEBY CORP	COM	596278101	950	8,896	SH		SOLE		7,598	0	1,298
MOHAWK IND INC	COM	608190104	925	4,846	SH		SOLE		4,176	0	670
MONDELEZ INTERNATIONAL INC	COM	609207105	5,989	149,272	SH		SOLE		149,272	0	0
MURPHY OIL CORP	COM	626717102	1,803	71,557	SH		SOLE		63,522	0	8,035
MYLAN NV	COM	N59465109	951	20,514	SH		SOLE		17,544	0	2,970
NETFLIX INC	COM	64110L106	230	2,250	SH		SOLE		2,250	0	0
NEXTERA ENERGY INC	COM	65339F101	894	7,557	SH		SOLE		7,557	0	0
NORFOLK SOUTHERN CORP	COM	655844108	4,512	54,200	SH		SOLE		47,300	0	6,900
NORTHROP GRUMMAN CORP	COM	666807102	2,341	11,829	SH		SOLE		10,349	0	1,480
NVR INC	COM	62944T105	1,417	818	SH		SOLE		696	0	122
ORACLE CORPORATION	COM	68389X105	7,566	184,948	SH		SOLE		164,618	0	20,330
PALO ALTO NETWORKS INC	COM	697435105	246	1,506	SH		SOLE		1,342	0	164
PAYPAL HOLDINGS INC	COM	70450Y103	6,284	162,797	SH		SOLE		158,077	0	4,720
PEPSICO INC	COM	713448108	11,022	107,548	SH		SOLE		106,321	0	1,227
PERNIX THERAPEUTICS HOLDINGS I	COM	71426V108	17	16,000	SH		SOLE		16,000	0	0
PERRIGO COMPANY PLC	COM	G97822103	5,789	45,249	SH		SOLE		45,249	0	0
PFIZER INC	COM	717081103	8,012	270,326	SH		SOLE		246,551	0	23,775
PG&E CORP	COM	69331C108	4,602	77,053	SH		SOLE		66,768	0	10,285
PHILIP MORRIS INTL INC	COM	718172109	7,855	80,060	SH		SOLE		70,160	0	9,900
PHILLIPS 66	COM	718546104	3,325	38,400	SH		SOLE		33,700	0	4,700
PINNACLE WEST CAPITAL	COM	723484101	7,958	106,007	SH		SOLE		93,067	0	12,940
PPG INDUSTRIES INC	COM	693506107	1,189	10,661	SH		SOLE		9,107	0	1,554
PROCTER & GAMBLE COMPANY	COM	742718109	15,710	190,864	SH		SOLE		179,664	0	11,200
PUBLIC SEVICE ENTERPRISE GP	COM	744573106	5,031	106,723	SH		SOLE		93,333	0	13,390
QUALCOMM INC	COM	747525103	4,410	86,239	SH		SOLE		86,239	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	4,128	57,770	SH		SOLE		50,275	0	7,495
RAYMOND JAMES FINANCIAL INC	COM	754730109	4,331	90,966	SH		SOLE		79,591	0	11,375
RAYTHEON COMPANY	COM	755111507	6,657	54,284	SH		SOLE		47,419	0	6,865
REGIONS FINANCIAL CORP	COM	7591EP100	377	48,063	SH		SOLE		48,063	0	0
REINSURANCE GROUP OF AMERICA	COM	759351604	5,487	57,007	SH		SOLE		49,722	0	7,285
RENASANT CORP	COM	75970E107	241	7,337	SH		SOLE		7,337	0	0
REPUBLIC SERVICE INC.	COM	760759100	1,271	26,672	SH		SOLE		26,672	0	0
RESONANT INC	COM	76118L102	30	10,439	SH		SOLE		10,439	0	0
REYNOLDS AMERICAN INC	COM	761713106	3,968	78,880	SH		SOLE		74,393	0	4,487
ROSS STORES INC	COM	778296103	1,371	23,679	SH		SOLE		23,679	0	0
SABRE CORP	COM	78573M104	930	32,157	SH		SOLE		27,466	0	4,691
SCHLUMBERGER LTD	COM	806857108	4,860	65,897	SH		SOLE		65,897	0	0
SHERWIN WILLIAMS CO	COM	824348106	1,337	4,696	SH		SOLE		4,012	0	684
SKYWORKS SOLUTIONS INC	COM	83088M102	1,461	18,754	SH		SOLE		16,019	0	2,735
SOUTHWEST AIRLINES CO	COM	844741108	1,223	27,305	SH		SOLE		27,175	0	130
SPECTRUM BRANDS INC	COM	84763R101	1,366	12,499	SH		SOLE		10,674	0	1,825
STARBUCKS CORP	COM	855244109	3,270	54,769	SH		SOLE		46,984	0	7,785
STATE STREET CORPORATION	COM	857477103	205	3,500	SH		SOLE		3,500	0	0
SUNTRUST BANKS INC	COM	867914103	8,135	225,463	SH		SOLE		199,488	0	25,975
SVB FINANCIAL GROUP	COM	78486Q101	1,024	10,035	SH		SOLE		8,570	0	1,465
SYNCHRONY FINANCIAL	COM	87165B103	9,430	329,036	SH		SOLE		312,626	0	16,410
TC PIPELINES LP	COM	87233Q108	252	5,235	SH		SOLE		5,235	0	0
TEEKAY SHIPPING CORPORATION	COM	Y8564W103	759	87,599	SH		SOLE		74,824	0	12,775
THE AES CORPORATION	COM	00130H105	3,488	295,596	SH		SOLE		256,851	0	38,745
THERMO FISHER SCIENTIFIC INC	COM	883556102	6,073	42,890	SH		SOLE		42,890	0	0
THOR INDUSTRIES INC	COM	885160101	1,604	25,149	SH		SOLE		21,484	0	3,665
TIME WARNER INC	COM	887317303	2,646	36,474	SH		SOLE		32,999	0	3,475
TOPBUILD CORP	COM	89055F103	292	9,805	SH		SOLE		8,375	0	1,430
TORCHMARK CORP	COM	891027104	4,519	83,431	SH		SOLE		72,231	0	11,200
TORO CO	COM	891092108	1,080	12,538	SH		SOLE		10,707	0	1,831
TRANSDIGM GROUP INC	COM	893641100	859	3,899	SH		SOLE		3,333	0	566
TWENTY-FIRST CENTURY FOX - B	COM	90130A200	2,672	94,759	SH		SOLE		91,654	0	3,105
TWENTY-FIRST CENTURY FOX INC	COM	90130A101	2,046	73,384	SH		SOLE		73,384	0	0
TYSON FOODS INC-CL A	COM	902494103	1,324	19,862	SH		SOLE		17,044	0	2,818
UNITED CONTINENTAL HOLDINGS IN	COM	910047109	801	13,377	SH		SOLE		11,457	0	1,920
UNITED TECHNOLOGIES CORP	COM	913017109	9,346	93,366	SH		SOLE		85,366	0	8,000
UNITEDHEALTH GROUP INC	COM	91324P102	2,285	17,727	SH		SOLE		15,185	0	2,542
UNIVERSAL INSURANCE HOLDINGS I	COM	91359V107	1,015	57,000	SH		SOLE		57,000	0	0
US BANCORP	COM	902973304	9,210	226,902	SH		SOLE		211,102	0	15,800
VALERO ENERGY CORP	COM	91913Y100	4,979	77,634	SH		SOLE		67,504	0	10,130
VERIZON COMMUNICATIONS	COM	92343V104	12,170	225,035	SH		SOLE		207,404	0	17,631
VISA INC	COM	92826C839	8,492	111,033	SH		SOLE		103,950	0	7,083
VODAFONE GROUP PLC SP ADR	COM	92857W308	435	13,557	SH		SOLE		13,557	0	0
WAL MART STORES INC	COM	931142103	621	9,065	SH		SOLE		9,065	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	217	2,575	SH		SOLE		2,575	0	0
WALT DISNEY COMPANY	COM	254687106	7,720	77,734	SH		SOLE		72,684	0	5,050
WEC ENERGY GROUP INC	COM	92939U106	248	4,131	SH		SOLE		4,131	0	0
WELLS FARGO COMPANY	COM	949746101	8,563	177,069	SH		SOLE		156,069	0	21,000
WHIRLPOOL CORP	COM	963320106	1,711	9,490	SH		SOLE		8,105	0	1,385
ZOETIS INC	COM	98978V103	871	19,638	SH		SOLE		19,638	0	0
AEGON	ADR	007924103	464	84,313	SH		SOLE		82,733	0	1,580
ANHEUSER-BUSCH INBEV	ADR	03524A108	3,371	27,042	SH		SOLE		26,442	0	600
ARCELORMITTAL	ADR	03938L104	207	45,235	SH		SOLE		43,980	0	1,255
AUTOLIV	ADR	052800109	708	5,975	SH		SOLE		5,975	0	0
BAIDU INC	ADR	056752108	826	4,325	SH		SOLE		4,250	0	75
BARRICK GOLD CORP	ADR	067901108	1,101	81,058	SH		SOLE		79,913	0	1,145
BP PLC	ADR	055622104	1,202	39,816	SH		SOLE		39,161	0	655
BRITISH TELECOMMUNICATIONS P	ADR	05577E101	2,819	87,876	SH		SOLE		85,806	0	2,070
BROADCOM LTD	ADR	Y09827109	3,333	21,570	SH		SOLE		19,365	0	2,205
CHICAGO BRIDGE & IRON	ADR	167250109	1,702	46,516	SH		SOLE		45,316	0	1,200
COPA HOLDINGS SA	ADR	P31076105	450	6,645	SH		SOLE		6,480	0	165
CREDIT SUISSE GROUP	ADR	225401108	939	66,446	SH		SOLE		65,263	0	1,183
CRH PLC ADR	ADR	12626K203	898	31,851	SH		SOLE		31,171	0	680
DEUTSCHE BANK AG	ADR	D18190898	681	40,222	SH		SOLE		39,442	0	780
DIAGEO	ADR	25243Q205	1,367	12,669	SH		SOLE		12,379	0	290
GLAXO SMITHKLINE PLC	ADR	37733W105	2,375	58,567	SH		SOLE		57,367	0	1,200
HONDA MOTOR CO. LTD.	ADR	438128308	2,252	82,356	SH		SOLE		80,666	0	1,690
ING GROEP NV ADR	ADR	456837103	1,036	86,856	SH		SOLE		85,601	0	1,255
INTER CONTINENTAL HOTELS GROUP	ADR	45857P509	2,013	48,775	SH		SOLE		47,582	0	1,193
INVESCO LTD	ADR	G491BT108	883	28,698	SH		SOLE		27,913	0	785
ISHARES MSCI EMERGING MKT IN	ADR	464287234	737	21,525	SH		SOLE		20,655	0	870
KONINKLIJKE PHILIPS NV	ADR	500472303	2,254	78,956	SH		SOLE		77,431	0	1,525
KYOCERA CORP ADR	ADR	501556203	2,676	60,594	SH		SOLE		59,394	0	1,200
L.M. ERICSSON SPONSORED ADR	ADR	294821608	557	55,555	SH		SOLE		55,555	0	0
MARINE HARVEST ASA	ADR	56824R205	230	15,000	SH		SOLE		14,700	0	300
NATIONAL GRID PLC	ADR	636274300	893	12,509	SH		SOLE		12,224	0	285
NEWS CORP - CLASS B	ADR	65249B208	478	36,078	SH		SOLE		35,303	0	775
NIPPON TELEGRAPH AND TELEPHONE	ADR	654624105	1,578	36,501	SH		SOLE		35,846	0	655
PETROLEO BRASILEIRO S.A. ADR	ADR	71654V408	444	76,087	SH		SOLE		74,727	0	1,360
PRUDENTIAL PLC-ADR	ADR	74435K204	739	19,859	SH		SOLE		19,354	0	505
ROYAL CARIBBEAN CRUISES LTD	ADR	V7780T103	2,217	26,987	SH		SOLE		26,362	0	625
SAP SE	ADR	803054204	2,427	30,177	SH		SOLE		29,462	0	715
SENSATA TECHNOLOGIES HOLDING	ADR	N7902X106	522	13,451	SH		SOLE		13,146	0	305
SMITH & NEPHEW PLC	ADR	83175M205	594	17,824	SH		SOLE		17,389	0	435
SONY CORP	ADR	835699307	2,121	82,455	SH		SOLE		80,930	0	1,525
STMICROELECTRONICS NV-NY SHS	ADR	861012102	1,214	217,597	SH		SOLE		212,637	0	4,960
TENARIS SA-ADR	ADR	88031M109	1,105	44,609	SH		SOLE		43,684	0	925
UBS GROUP AG	ADR	H42097107	1,500	93,651	SH		SOLE		90,716	0	2,935
UNILEVER N V	ADR	904784709	3,728	83,427	SH		SOLE		81,467	0	1,960
VODAFONE GROUP PLC SP ADR	ADR	92857W308	1,025	31,988	SH		SOLE		31,439	0	549
XL GROUP PLC	ADR	G98290102	1,437	39,039	SH		SOLE		38,384	0	655
ALERIAN MLP ETF	COM	00162Q866	1,039	95,151	SH		SOLE		95,151	0	0
COHEN & STEERS REALTY MAJORS I	COM	464287564	1,584	15,357	SH		SOLE		15,357	0	0
CORE S&P 500	COM	464287200	15,884	76,866	SH		SOLE		76,866	0	0
CORE S&P MIDCAP	COM	464287507	833	5,777	SH		SOLE		5,777	0	0
CORE S&P SMALLCAP 600 INDEX	COM	464287804	421	3,742	SH		SOLE		3,742	0	0
i SHARES RUSSELL 2000 INDEX FU	COM	464287655	677	6,117	SH		SOLE		6,117	0	0
i SHARES RUSSELL 2000 INDEX FU	COM	464287655	111	1,000	SH		OTR		1,000	0	0
iSHARES CORE MSCI EAFE ETF	COM	46432F842	18,949	356,587	SH		SOLE		356,587	0	0
iSHARES CORE MSCI EMERGING MAR	COM	46434G103	1,332	32,000	SH		SOLE		32,000	0	0
iSHARES DJ SELECT DIVIDEND IND	COM	464287168	6,351	77,766	SH		SOLE		77,766	0	0
iSHARES DOW JONES EPAC DIVIDEN	COM	464288448	249	8,601	SH		SOLE		8,601	0	0
iSHARES DOW JONES U.S. TELECOM	COM	464287713	229	7,450	SH		SOLE		7,450	0	0
iSHARES DOW JONES U.S. UTILITI	COM	464287697	320	2,589	SH		SOLE		2,589	0	0
iSHARES MSCI ACWI INDEX FUND	COM	464288257	1,628	29,033	SH		SOLE		29,033	0	0
iSHARES MSCI BRIC INDEX FUND	COM	464286657	287	9,655	SH		SOLE		9,655	0	0
iSHARES MSCI EAFE GROWTH INDEX	COM	464288885	1,403	21,325	SH		SOLE		21,325	0	0
iSHARES MSCI EMERGING MKT MIN	COM	464286533	1,035	20,154	SH		SOLE		20,154	0	0
ISHARES MSCI PACIFIC EX JAPAN	COM	464286665	283	7,220	SH		SOLE		7,220	0	0
ISHARES MSCI USA MINIMUM VOL	COM	46429B697	7,654	174,239	SH		SOLE		174,239	0	0
iSHARES RUSSELL 1000 ETG	COM	464287622	322	2,825	SH		SOLE		2,825	0	0
iSHARES S&P 100 INDEX FUND	COM	464287101	2,888	31,604	SH		SOLE		31,604	0	0
iSHARES S&P GSCI COMMODITY IND	COM	46428R107	460	33,384	SH		SOLE		33,384	0	0
iSHARES S&P MIDCAP 400 VALUE I	COM	464287705	1,264	10,191	SH		SOLE		10,191	0	0
iSHARES S&P MIDCAP GROWTH INDE	COM	464287606	1,714	10,541	SH		SOLE		10,541	0	0
MSCI EAFE INDEX	COM	464287465	3,831	67,018	SH		SOLE		67,018	0	0
MSCI EMERGING MARKETS INDEX	COM	464287234	240	7,007	SH		SOLE		7,007	0	0
QUANTSHARES US MARKET NEUT ANT	COM	351680707	3,681	166,555	SH		SOLE		166,555	0	0
QUANTSHARES US MARKET NEUT VAL	COM	351680202	204	7,906	SH		SOLE		7,906	0	0
RUSSELL 1000 GROWTH INDEX	COM	464287614	8,332	83,503	SH		SOLE		83,503	0	0
RUSSELL 1000 VALUE INDEX	COM	464287598	1,561	15,797	SH		SOLE		15,797	0	0
RUSSELL 2000 GROWTH INDEX	COM	464287648	1,520	11,464	SH		SOLE		11,464	0	0
RUSSELL 2000 VALUE INDEX	COM	464287630	654	7,023	SH		SOLE		7,023	0	0
RUSSELL MIDCAP GROWTH INDEX	COM	464287481	2,454	26,626	SH		SOLE		26,626	0	0
RUSSELL MIDCAP INDEX	COM	464287499	375	2,301	SH		SOLE		2,301	0	0
RUSSELL MIDCAP INDEX	COM	464287499	99	605	SH		OTR		605	0	0
RUSSELL MIDCAP VALUE INDEX	COM	464287473	1,278	18,015	SH		SOLE		18,015	0	0
RUSSELL MIDCAP VALUE INDEX	COM	464287473	18	250	SH		OTR		250	0	0
S&P 500 DEPOSITARY RECEIPTS	COM	78462F103	3,632	17,672	SH		SOLE		17,672	0	0
SCHWAB US BROAD MARKET ETF	COM	808524102	1,196	24,261	SH		SOLE		24,261	0	0
VANGUARD DIVIDEND APP INDEX FU	COM	921908844	987	12,146	SH		SOLE		3,711	0	8,435
VANGUARD EMERGING MARKETS ETF	COM	922042858	524	15,152	SH		SOLE		3,127	0	12,025
VANGUARD FTSE ALL WORLD US SMA	COM	922042718	371	3,975	SH		SOLE		845	0	3,130
VANGUARD FTSE DEVELOPED MARKET	COM	921943858	1,224	34,120	SH		SOLE		8,140	0	25,980
VANGUARD GROWTH ETF	COM	922908736	3,508	32,950	SH		SOLE		32,950	0	0
VANGUARD HEALTH CARE	COM	92204A504	252	2,042	SH		SOLE		2,042	0	0
VANGUARD MID CAP GROWTH INDEX	COM	922908538	4,844	48,317	SH		SOLE		42,652	0	5,665
VANGUARD MID CAP VALUE INDEX F	COM	922908512	1,971	22,626	SH		SOLE		18,081	0	4,545
VANGUARD MSCI EUROPEAN ETF	COM	922042874	214	4,405	SH		SOLE		4,405	0	0
VANGUARD REIT ETF	COM	922908553	456	5,441	SH		SOLE		1,966	0	3,475
VANGUARD SMALL CAP GROWTH ETF	COM	922908595	3,846	32,320	SH		SOLE		29,945	0	2,375
VANGUARD SMALL CAP VALUE	COM	922908611	2,842	27,893	SH		SOLE		25,978	0	1,915
VANGUARD US TOTAL Equity MARKE	COM	922908769	1,348	12,863	SH		SOLE		6,778	0	6,085