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	2,456	13,934	SH		SOLE		13,934	0	0
ABBVIE INC	COM	00287Y109	2,107	33,404	SH		SOLE		33,274	0	130
ABERDEEN ASIA-PACIFIC PRIME IN	COM	003009107	65	12,650	SH		SOLE		12,650	0	0
ACCENTURE LTD	COM	G1151C101	919	7,522	SH		SOLE		7,522	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	787	17,766	SH		SOLE		17,766	0	0
ADOBE SYSTEMS INC	COM	00724F101	2,176	20,049	SH		SOLE		20,049	0	0
AETNA INC	COM	00817Y108	4,552	39,430	SH		SOLE		36,600	0	2,830
AFLAC INC	COM	001055102	10,075	140,181	SH		SOLE		130,731	0	9,450
ALASKA AIR GROUP INC	COM	011659109	1,167	17,717	SH		SOLE		17,717	0	0
ALLSTATE CORP	COM	020002101	9,524	137,669	SH		SOLE		132,544	0	5,125
ALPHABET INC CL A	COM	02079K305	9,238	11,489	SH		SOLE		11,489	0	0
ALPHABET INC CL C	COM	02079K107	10,557	13,582	SH		SOLE		13,582	0	0
ALTRIA GROUP INC	COM	02209S103	1,811	28,648	SH		SOLE		28,648	0	0
AMAZON.COM INC	COM	023135106	7,920	9,459	SH		SOLE		9,459	0	0
AMERICAN AIRLINES GROUP INC	COM	02376R102	1,912	52,213	SH		SOLE		52,213	0	0
AMERICAN EXPRESS	COM	025816109	403	6,300	SH		SOLE		6,170	0	130
AMERICAN FINANCIAL GROUP INC	COM	025932104	4,520	60,267	SH		SOLE		55,847	0	4,420
AMERICAN INTERNATIONAL GROUP	COM	026874784	407	6,856	SH		SOLE		6,856	0	0
AMERIPRISE FINANCIAL INC	COM	03076C106	4,847	48,582	SH		SOLE		45,252	0	3,330
AMERISOURCEBERGEN CORP	COM	03073E105	388	4,806	SH		SOLE		4,806	0	0
AMGEN INC	COM	031162100	2,971	17,808	SH		SOLE		17,808	0	0
AMSURG CORP	COM	03232P405	5,605	83,600	SH		SOLE		78,400	0	5,200
AMTRUST FINANCIAL SERVICES INC	COM	032359309	1,309	48,801	SH		SOLE		48,801	0	0
APACHE CORP	COM	037411105	2,918	45,679	SH		SOLE		45,679	0	0
APPLE COMPUTER	COM	037833100	32,600	288,372	SH		SOLE		283,372	0	5,000
ARCHER-DANIELS-MIDLAND COMPANY	COM	039483102	3,963	93,976	SH		SOLE		87,041	0	6,935
ARTHUR J GALLAGHER & CO	COM	363576109	1,065	20,944	SH		SOLE		20,944	0	0
AT&T INC	COM	00206R102	13,702	337,399	SH		SOLE		319,034	0	18,365
AUTOMATIC DATA PROCESSING INC	COM	053015103	2,607	29,553	SH		SOLE		29,553	0	0
AUTOZONE INC	COM	053332102	327	426	SH		SOLE		426	0	0
BANK OF AMERICA CORPORATION	COM	060505104	10,193	651,331	SH		SOLE		628,155	0	23,176
BECTON DICKINSON & CO	COM	075887109	2,405	13,382	SH		SOLE		13,382	0	0
BEMIS COMPANY INC	COM	081437105	5,063	99,264	SH		SOLE		91,704	0	7,560
BERKSHIRE HATHAWAY INC-CL B	COM	084670702	11,406	78,950	SH		SOLE		73,550	0	5,400
BGC PARTNERS INC	COM	05541T101	210	24,049	SH		SOLE		24,049	0	0
BIG LOTS INC	COM	089302103	309	6,481	SH		SOLE		6,481	0	0
BIOGEN IDEC INC	COM	09062X103	1,436	4,587	SH		SOLE		4,587	0	0
BOEING COMPANY	COM	097023105	9,441	71,666	SH		SOLE		71,666	0	0
BOOZ ALLEN HAMILTON HOLDINGS	CL A	099502106	2,723	86,137	SH		SOLE		81,237	0	4,900
BOSTON SCIENTIFIC CORP	COM	101137107	333	13,981	SH		SOLE		13,981	0	0
BRINKER INTERNATIONAL	COM	109641100	984	19,503	SH		SOLE		19,503	0	0
BRISTOL MYERS-SQUIBB CO	COM	110122108	1,567	29,066	SH		SOLE		29,066	0	0
BROADCOM LTD	COM	Y09827109	5,373	31,142	SH		SOLE		31,142	0	0
BROADRIDGE FINANCIAL SOLUTIONS	COM	11133T103	1,396	20,597	SH		SOLE		20,597	0	0
CA INC	COM	12673P105	256	7,753	SH		SOLE		7,753	0	0
CAPITAL ONE FINANCIAL CORPORAT	COM	14040H105	7,749	107,874	SH		SOLE		99,849	0	8,025
CARDINAL HEALTH INC	COM	14149Y108	897	11,543	SH		SOLE		11,543	0	0
CASEY'S GENERAL STORES INC	COM	147528103	269	2,241	SH		SOLE		2,241	0	0
CBRE GROUP INC	COM	12504L109	870	31,079	SH		SOLE		31,079	0	0
CDK GLOBAL INC	COM	12508E101	484	8,439	SH		SOLE		8,439	0	0
CDW CORP	COM	12514G108	1,048	22,912	SH		SOLE		22,912	0	0
CELGENE CORP	COM	151020104	6,248	59,773	SH		SOLE		59,773	0	0
CENTENE CORP	COM	15135B101	954	14,246	SH		SOLE		14,246	0	0
CENTURYTEL INC	COM	156700106	3,311	120,706	SH		SOLE		111,561	0	9,145
CHARLES RIVER LABORATORIES	COM	159864107	975	11,701	SH		SOLE		11,701	0	0
CHARLES SCHWAB CORPORATION	COM	808513105	277	8,775	SH		SOLE		8,775	0	0
CHARTER COMMUNICATIONS INC CL	COM	16119P108	884	3,276	SH		SOLE		3,276	0	0
CHEVRON CORP	COM	166764100	13,843	134,502	SH		SOLE		128,072	0	6,430
CHIPOTLE MEXICAN GRILL INC	COM	169656105	3,801	8,976	SH		SOLE		8,976	0	0
CIGNA CORPORATION	COM	125509109	9,401	72,134	SH		SOLE		70,854	0	1,280
CISCO SYSTEMS INC	COM	17275R102	16,930	533,736	SH		SOLE		516,101	0	17,635
CITIGROUP INC	COM	172967424	10,995	232,792	SH		SOLE		223,272	0	9,520
CITRIX SYSTEMS INC	COM	177376100	748	8,774	SH		SOLE		8,774	0	0
CLEARSIGN COMBUSTION CORP	COM	185064102	195	32,454	SH		SOLE		32,454	0	0
CMS ENERGY CORP	COM	125896100	5,675	135,087	SH		SOLE		124,332	0	10,755
COCA COLA COMPANY	COM	191216100	11,229	265,340	SH		SOLE		253,640	0	11,700
COMCAST CORP CL A	COM	20030N101	19,649	296,183	SH		SOLE		287,278	0	8,905
CONOCOPHILLIPS	COM	20825C104	7,308	168,124	SH		SOLE		163,784	0	4,340
CONSTELLATION BRANDS INC	COM	21036P108	1,769	10,627	SH		SOLE		10,627	0	0
CONVERGYS CORP	COM	212485106	265	8,723	SH		SOLE		8,723	0	0
CORELOGIC INC	COM	21871D103	700	17,841	SH		SOLE		17,841	0	0
COSTCO WHOLESALE CORPORATION	COM	22160K105	6,649	43,597	SH		SOLE		43,597	0	0
CREDIT ACCEPTANCE	COM	225310101	436	2,168	SH		SOLE		2,168	0	0
CSX CORPORATION	COM	126408103	10,925	358,199	SH		SOLE		346,094	0	12,105
CVS CORPORATION	COM	126650100	11,906	133,793	SH		SOLE		130,263	0	3,530
DANAHER CORP	COM	235851102	755	9,632	SH		SOLE		9,632	0	0
DELL TECHNOLOGIES INC - CL V	COM	24703L103	2,245	46,962	SH		SOLE		44,746	0	2,216
DELTA AIR LINES INC	COM	247361702	6,518	165,610	SH		SOLE		165,610	0	0
DOLLAR GENERAL CORP	COM	256677105	670	9,569	SH		SOLE		9,569	0	0
DOW CHEMICAL CO	COM	260543103	5,732	110,600	SH		SOLE		102,870	0	7,730
DU PONT E I DE NEMOURS & CO	COM	263534109	382	5,704	SH		SOLE		5,704	0	0
DUKE ENERGY CORPORATION	COM	26441C204	406	5,077	SH		SOLE		5,077	0	0
EATON CORPORATION PLC	COM	G29183103	4,481	68,200	SH		SOLE		62,900	0	5,300
EBAY INC	COM	278642103	207	6,305	SH		SOLE		6,305	0	0
ELECTRONIC ARTS INC	COM	285512109	955	11,186	SH		SOLE		11,186	0	0
ELI LILLY & CO	COM	532457108	1,373	17,103	SH		SOLE		17,103	0	0
ENERGY SELECT SECTOR SPDR FUND	COM	81369Y506	2,107	29,839	SH		SOLE		29,839	0	0
ENERGY TRANSFER EQUITY LP	COM	29273V100	680	40,505	SH		SOLE		40,505	0	0
EOG RESOURCES INC	COM	26875P101	5,643	58,350	SH		SOLE		53,850	0	4,500
EXELON CORP	COM	30161N101	4,449	133,656	SH		SOLE		124,656	0	9,000
EXPEDIA INC	COM	30212P303	1,364	11,689	SH		SOLE		11,689	0	0
EXPRESS SCRIPTS HOLDING COMPAN	COM	30219G108	1,702	24,133	SH		SOLE		24,133	0	0
EXTENDED STAY AMERICA INC	COM	30224P200	189	13,304	SH		SOLE		13,304	0	0
EXXON MOBIL CORPORATION	COM	30231G102	24,515	280,883	SH		SOLE		268,883	0	12,000
FACEBOOK INC	COM	30303M102	9,241	72,047	SH		SOLE		72,047	0	0
FEDEX CORPORATION	COM	31428X106	11,049	63,250	SH		SOLE		63,250	0	0
FINANCIAL SELECT SECTOR SPDR	COM	81369Y605	923	47,849	SH		SOLE		47,849	0	0
FIRST HORIZON NATIONAL CORPORA	COM	320517105	820	53,867	SH		SOLE		53,867	0	0
FLUOR CORPORATION	COM	343412102	1,271	24,767	SH		SOLE		24,767	0	0
FORD MOTOR COMPANY	COM	345370860	8,133	673,784	SH		SOLE		650,669	0	23,115
FORTIVE CORP	COM	34959J108	245	4,818	SH		SOLE		4,818	0	0
FREEPORT McMORAN COPPER & GOLD	COM	35671D857	1,631	150,224	SH		SOLE		150,224	0	0
GENERAL ELECTRIC COMPANY	COM	369604103	16,761	565,863	SH		SOLE		540,518	0	25,345
GENERAL MOTORS CO	COM	37045V100	5,100	160,535	SH		SOLE		148,965	0	11,570
GENTEX CORP	COM	371901109	3,843	218,863	SH		SOLE		204,878	0	13,985
GILEAD SCIENCES INC	COM	375558103	6,296	79,579	SH		SOLE		79,579	0	0
GLAXOSMITHKLINE PLC ADR	COM	37733W105	391	9,060	SH		SOLE		9,060	0	0
GLOBAL PAYMENTS INC	COM	37940X102	1,035	13,482	SH		SOLE		13,482	0	0
GRAPHIC PACKAGING HOLDING CO	COM	388689101	4,659	333,036	SH		SOLE		311,536	0	21,500
GTX INC	COM	40052B108	9	11,734	SH		SOLE		11,734	0	0
HALLIBURTON COMPANY	COM	406216101	1,610	35,871	SH		SOLE		35,871	0	0
HANESBRANDS INC	COM	410345102	1,579	62,521	SH		SOLE		62,521	0	0
HASBRO INC	COM	418056107	985	12,414	SH		SOLE		12,414	0	0
HCA HOLDINGS INC	COM	40412C101	3,925	51,897	SH		SOLE		49,972	0	1,925
HD SUPPLY HOLDINGS INC	COM	40416M105	279	8,734	SH		SOLE		8,734	0	0
HOLLYFRONTIER CORP	COM	436106108	5,103	208,277	SH		SOLE		200,877	0	7,400
HOME DEPOT INC	COM	437076102	4,370	33,961	SH		SOLE		33,931	0	30
HONEYWELL INTERNATIONAL INC	COM	438516106	2,589	22,207	SH		SOLE		22,207	0	0
HUMANA INC	COM	444859102	4,426	25,022	SH		SOLE		25,022	0	0
HUNTINGTON INGALLS INDUSTRIES	COM	446413106	1,577	10,278	SH		SOLE		10,278	0	0
INGREDION INC	COM	457187102	9,360	70,346	SH		SOLE		66,031	0	4,315
INTEL CORPORATION	COM	458140100	13,297	352,237	SH		SOLE		330,792	0	21,445
INTERCONTINENTAL EXCHANGE GROU	COM	45866F104	1,384	5,139	SH		SOLE		5,139	0	0
INTERNATIONAL BUSINESS MACHINE	COM	459200101	1,235	7,776	SH		SOLE		7,776	0	0
INTERNATIONAL PAPER	COM	460146103	4,219	87,925	SH		SOLE		81,220	0	6,705
INVESTCO LIMITED	COM	G491BT108	3,756	120,125	SH		SOLE		120,125	0	0
JETBLUE AIRWAYS CORP	COM	477143101	4,959	287,650	SH		SOLE		267,100	0	20,550
JOHNSON & JOHNSON	COM	478160104	22,836	193,314	SH		SOLE		185,449	0	7,865
JP MORGAN CHASE & CO	COM	46625H100	23,589	354,248	SH		SOLE		341,288	0	12,960
KELLOGG CO	COM	487836108	471	6,075	SH		SOLE		6,075	0	0
KINDER MORGAN INC	COM	49456B101	453	19,590	SH		SOLE		19,590	0	0
KRAFT HEINZ COMPANY	COM	500754106	1,089	12,163	SH		SOLE		12,163	0	0
KROGER COMPANY	COM	501044101	705	23,748	SH		SOLE		23,748	0	0
LEAR CORP	COM	521865204	563	4,648	SH		SOLE		4,648	0	0
LENNAR CORP	COM	526057104	4,801	113,383	SH		SOLE		113,383	0	0
LINCOLN NATIONAL CORP	COM	534187109	5,744	122,272	SH		SOLE		116,082	0	6,190
LOCKHEED MARTIN CORPORATION	COM	539830109	1,038	4,332	SH		SOLE		4,332	0	0
LOWE'S COMPANIES INC	COM	548661107	7,911	109,552	SH		SOLE		109,552	0	0
MACYS INC	COM	55616P104	7,554	203,887	SH		SOLE		197,242	0	6,645
MARATHON OIL CORP	COM	565849106	4,845	306,462	SH		SOLE		284,777	0	21,685
MARCH & McLEANNAN COS	COM	571748102	1,033	15,362	SH		SOLE		15,362	0	0
MASCO CORP	COM	574599106	268	7,804	SH		SOLE		7,804	0	0
MASTERCARD INC	COM	57636Q104	1,917	18,840	SH		SOLE		18,840	0	0
MCDONALD'S CORPORATION	COM	580135101	429	3,720	SH		SOLE		3,720	0	0
MCKESSON HBOC INC	COM	58155Q103	1,217	7,299	SH		SOLE		7,299	0	0
MEDTRONIC PLC	COM	G5960L103	2,566	29,698	SH		SOLE		29,698	0	0
MERCK & COMPANY	COM	58933Y105	37,033	593,388	SH		SOLE		584,253	0	9,135
METLIFE INC	COM	59156R108	6,271	141,133	SH		SOLE		141,133	0	0
MICHAEL KORS HOLDINGS LTD	COM	G60754101	366	7,819	SH		SOLE		7,819	0	0
MICRON TECHNOLOGY INC	COM	595112103	2,626	147,691	SH		SOLE		137,151	0	10,540
MICROSOFT CORPORATION	COM	594918104	34,325	595,915	SH		SOLE		583,625	0	12,290
MIDDLEBY CORP	COM	596278101	1,111	8,991	SH		SOLE		8,991	0	0
MOHAWK IND INC	COM	608190104	932	4,653	SH		SOLE		4,653	0	0
MONDELEZ INTERNATIONAL INC	COM	609207105	6,375	145,209	SH		SOLE		145,209	0	0
MURPHY OIL CORP	COM	626717102	2,177	71,627	SH		SOLE		67,492	0	4,135
NETFLIX INC	COM	64110L106	1,020	10,350	SH		SOLE		10,350	0	0
NEWELL BRANDS INC	COM	651229106	1,048	19,892	SH		SOLE		19,892	0	0
NEXTERA ENERGY INC	COM	65339F101	370	3,023	SH		SOLE		3,023	0	0
NIKE INC CL B	COM	654106103	859	16,311	SH		SOLE		16,311	0	0
NORFOLK SOUTHERN CORP	COM	655844108	5,261	54,200	SH		SOLE		50,200	0	4,000
NORTHROP GRUMMAN CORP	COM	666807102	2,509	11,729	SH		SOLE		10,849	0	880
NVIDIA CORP	COM	67066G104	2,928	42,736	SH		SOLE		42,736	0	0
NVR INC	COM	62944T105	1,353	825	SH		SOLE		825	0	0
OCCIDENTAL PETROLEUM CORP	COM	674599105	2,139	29,330	SH		SOLE		27,230	0	2,100
OMEGA HEALTHCARE INVESTORS INC	COM	681936100	4,224	119,164	SH		SOLE		110,264	0	8,900
OMEGA PROTEIN CORP	COM	68210P107	211	9,041	SH		SOLE		9,041	0	0
ONEOK INC	COM	682680103	1,668	32,454	SH		SOLE		32,454	0	0
ORACLE CORPORATION	COM	68389X105	7,760	197,560	SH		SOLE		184,230	0	13,330
PACKAGING CORP	COM	695156109	297	3,651	SH		SOLE		3,651	0	0
PAYPAL HOLDINGS INC	COM	70450Y103	6,625	161,714	SH		SOLE		161,714	0	0
PEPSICO INC	COM	713448108	10,304	94,733	SH		SOLE		94,733	0	0
PERNIX THERAPEUTICS HOLDINGS I	COM	71426V108	26	41,000	SH		SOLE		41,000	0	0
PFIZER INC	COM	717081103	11,282	333,085	SH		SOLE		315,110	0	17,975
PG&E CORP	COM	69331C108	4,698	76,798	SH		SOLE		71,013	0	5,785
PHILIP MORRIS INTL INC	COM	718172109	7,774	79,960	SH		SOLE		74,260	0	5,700
PHILLIPS 66	COM	718546104	3,123	38,768	SH		SOLE		36,068	0	2,700
PINNACLE WEST CAPITAL	COM	723484101	6,406	84,297	SH		SOLE		77,957	0	6,340
PPG INDUSTRIES INC	COM	693506107	1,114	10,775	SH		SOLE		10,775	0	0
PRICELINE.COM INC	COM	741503403	1,018	692	SH		SOLE		692	0	0
PROCTER & GAMBLE COMPANY	COM	742718109	17,127	190,831	SH		SOLE		185,131	0	5,700
PROLOGIS	COM	74340W103	4,529	84,600	SH		SOLE		78,550	0	6,050
PUBLIC SEVICE ENTERPRISE GP	COM	744573106	4,461	106,533	SH		SOLE		98,943	0	7,590
QUALCOMM INC	COM	747525103	5,013	73,180	SH		SOLE		73,180	0	0
QUEST DIAGNOSTIC INC	COM	74834L100	2,680	31,673	SH		SOLE		29,578	0	2,095
RAYMOND JAMES FINANCIAL INC	COM	754730109	5,273	90,586	SH		SOLE		84,011	0	6,575
RAYTHEON COMPANY	COM	755111507	4,685	34,419	SH		SOLE		31,954	0	2,465
REAL ESTATE SELECT SECT SPDR	COM	81369Y860	217	6,617	SH		SOLE		6,617	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	856	2,129	SH		SOLE		2,129	0	0
REGIONS FINANCIAL CORP	COM	7591EP100	595	60,300	SH		SOLE		60,300	0	0
REINSURANCE GROUP OF AMERICA	COM	759351604	6,164	57,102	SH		SOLE		52,917	0	4,185
RENASANT CORP	COM	75970E107	247	7,337	SH		SOLE		7,337	0	0
REPUBLIC SERVICES INC	COM	760759100	384	7,602	SH		SOLE		7,602	0	0
RESONANT INC	COM	76118L102	57	10,439	SH		SOLE		10,439	0	0
REYNOLDS AMERICAN INC	COM	761713106	2,098	44,496	SH		SOLE		44,496	0	0
ROSS STORES INC	COM	778296103	317	4,924	SH		SOLE		4,924	0	0
S&P GLOBAL INC	COM	78409V104	1,010	7,977	SH		SOLE		7,977	0	0
SABRE CORP	COM	78573M104	914	32,449	SH		SOLE		32,449	0	0
SALESFORCE.COM INC	COM	79466L302	776	10,878	SH		SOLE		10,878	0	0
SCHLUMBERGER LTD	COM	806857108	5,086	64,675	SH		SOLE		64,675	0	0
SCRIPPS NETWORKS INTERACTIVE	COM	811065101	470	7,400	SH		SOLE		7,400	0	0
Senseonics Holdings Inc	COM	81727U105	116	29,697	SH		SOLE		29,697	0	0
SHERWIN WILLIAMS CO	COM	824348106	1,315	4,753	SH		SOLE		4,753	0	0
SIMON PROPERTY GROUP INC	COM	828806109	722	3,490	SH		SOLE		3,490	0	0
SLM CORP	COM	78442P106	134	17,927	SH		SOLE		17,927	0	0
SOUTHWEST AIRLINES CO	COM	844741108	2,292	58,925	SH		SOLE		58,895	0	30
SPARK ENERGY INC	COM	846511103	201	6,887	SH		SOLE		6,887	0	0
SPECTRA ENERGY CORP	COM	847560109	220	5,146	SH		SOLE		5,146	0	0
SPECTRUM BRANDS INC	COM	84763R101	1,741	12,642	SH		SOLE		12,642	0	0
SPRINT NEXTEL CORP	COM	85207U105	121	18,207	SH		SOLE		18,207	0	0
STARBUCKS CORP	COM	855244109	1,525	28,173	SH		SOLE		28,173	0	0
STATE STREET CORPORATION	COM	857477103	244	3,500	SH		SOLE		3,500	0	0
SUNTRUST BANKS INC	COM	867914103	9,758	222,783	SH		SOLE		207,708	0	15,075
SUPERIOR INDUSTRIES INTL	COM	868168105	238	8,168	SH		SOLE		8,168	0	0
SYNCHRONY FINANCIAL	COM	87165B103	7,894	281,945	SH		SOLE		277,653	0	4,292
TC PIPELINES LP	COM	87233Q108	299	5,235	SH		SOLE		5,235	0	0
THE AES CORPORATION	COM	00130H105	3,786	294,621	SH		SOLE		272,276	0	22,345
THERMO FISHER SCIENTIFIC INC	COM	883556102	5,774	36,299	SH		SOLE		36,299	0	0
THOR INDUSTRIES INC	COM	885160101	1,147	13,538	SH		SOLE		13,538	0	0
TIME WARNER INC	COM	887317303	2,322	29,170	SH		SOLE		29,170	0	0
TORCHMARK CORP	COM	891027104	5,327	83,376	SH		SOLE		76,926	0	6,450
TORO CO	COM	891092108	1,188	25,362	SH		SOLE		25,362	0	0
TRANSDIGM GROUP INC	COM	893641100	1,141	3,947	SH		SOLE		3,947	0	0
TWENTY-FIRST CENTURY FOX - B	COM	90130A200	2,262	91,449	SH		SOLE		88,344	0	3,105
TWENTY-FIRST CENTURY FOX INC	COM	90130A101	1,869	77,176	SH		SOLE		77,176	0	0
TWITTER INC	COM	90184L102	556	24,140	SH		SOLE		24,140	0	0
TYSON FOODS INC-CL A	COM	902494103	1,609	21,543	SH		SOLE		21,543	0	0
ULTA SALON COSMETCS & FRAG INC	COM	90384S303	423	1,776	SH		SOLE		1,776	0	0
UNITED RENTALS INC	COM	911363109	1,667	21,241	SH		SOLE		21,241	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	9,467	93,184	SH		SOLE		88,584	0	4,600
UNITEDHEALTH GROUP INC	COM	91324P102	2,465	17,607	SH		SOLE		17,607	0	0
UNIVERSAL INSURANCE HOLDINGS I	COM	91359V107	1,436	57,000	SH		SOLE		57,000	0	0
US BANCORP	COM	902973304	8,917	207,913	SH		SOLE		198,713	0	9,200
VALERO ENERGY CORP	COM	91913Y100	4,086	77,089	SH		SOLE		71,259	0	5,830
VERIZON COMMUNICATIONS	COM	92343V104	12,512	240,708	SH		SOLE		233,778	0	6,930
VISA INC	COM	92826C839	6,943	83,959	SH		SOLE		83,959	0	0
VODAFONE GROUP PLC SP ADR	COM	92857W308	364	12,494	SH		SOLE		12,494	0	0
WAL MART STORES INC	COM	931142103	360	4,997	SH		SOLE		4,997	0	0
WALT DISNEY COMPANY	COM	254687106	6,697	72,122	SH		SOLE		72,122	0	0
WEC ENERGY GROUP INC	COM	92939U106	207	3,461	SH		SOLE		3,461	0	0
WELLS FARGO COMPANY	COM	949746101	7,831	176,844	SH		SOLE		164,744	0	12,100
WHIRLPOOL CORP	COM	963320106	1,554	9,586	SH		SOLE		9,586	0	0
ZOETIS INC	COM	98978V103	1,922	36,959	SH		SOLE		36,959	0	0
AEGON	NY REGISTRY	007924103	321	83,128	SH		SOLE		81,548	0	1,580
ANHEUSER-BUSCH INBEV	ADR	03524A108	3,672	27,942	SH		SOLE		27,342	0	600
ARCELORMITTAL	ADR	03938L104	272	45,035	SH		SOLE		43,780	0	1,255
AUTOLIV	ADR	052800109	460	4,305	SH		SOLE		4,305	0	0
BAIDU INC	SPON ADR REP A	056752108	787	4,325	SH		SOLE		4,250	0	75
BARRICK GOLD CORP	ADR	067901108	931	52,558	SH		SOLE		51,413	0	1,145
BP PLC	SPONSORED ADR	055622104	1,488	42,316	SH		SOLE		41,661	0	655
BRITISH TELECOMMUNICATIONS P	ADR	05577E101	2,458	96,676	SH		SOLE		94,606	0	2,070
BROADCOM LTD	ADR	Y09827109	1,565	9,070	SH		SOLE		9,070	0	0
CHICAGO BRIDGE & IRON	ADR	167250109	1,267	45,216	SH		SOLE		44,016	0	1,200
COPA HOLDINGS SA	ADR	P31076105	576	6,545	SH		SOLE		6,380	0	165
CREDIT SUISSE GROUP	ADR	225401108	901	68,546	SH		SOLE		67,363	0	1,183
CRH PLC ADR	ADR	12626K203	1,046	31,451	SH		SOLE		30,771	0	680
DEUTSCHE BANK AG	ADR	D18190898	521	39,822	SH		SOLE		39,042	0	780
DIAGEO	ADR	25243Q205	1,470	12,669	SH		SOLE		12,379	0	290
GLAXO SMITHKLINE PLC	ADR	37733W105	2,729	63,267	SH		SOLE		62,067	0	1,200
HONDA MOTOR CO LTD	ADR	438128308	2,408	83,256	SH		SOLE		81,566	0	1,690
ING GROEP NV ADR	ADR	456837103	1,135	91,956	SH		SOLE		90,701	0	1,255
INTERCONTINENTAL HOTELS ADR	ADR	45857P608	1,666	40,026	SH		SOLE		39,032	0	994
INVESCO LTD	ADR	G491BT108	844	26,988	SH		SOLE		26,203	0	785
iSHARES MSCI EMERGING MKT IN	ADR	464287234	930	24,825	SH		SOLE		23,955	0	870
KONINKLIJKE PHILIPS NV	ADR	500472303	2,447	82,705	SH		SOLE		81,180	0	1,525
KYOCERA CORP ADR	ADR	501556203	3,032	62,994	SH		SOLE		61,794	0	1,200
L.M. ERICSSON SPONSORED ADR	ADR	294821608	366	50,745	SH		SOLE		50,745	0	0
MARINE HARVEST ASA	ADR	56824R205	265	14,800	SH		SOLE		14,500	0	300
NATIONAL GRID PLC	ADR	636274300	890	12,509	SH		SOLE		12,224	0	285
NEWS CORP - CLASS B	ADR	65249B208	484	34,024	SH		SOLE		33,249	0	775
NIPPON TELEGRAPH AND TELEPHONE	ADR	654624105	1,810	39,501	SH		SOLE		38,846	0	655
PETROLEO BRASILEIRO S.A. ADR	ADR	71654V408	743	79,587	SH		SOLE		78,227	0	1,360
PRUDENTIAL PLC-ADR	ADR	74435K204	698	19,559	SH		SOLE		19,054	0	505
ROYAL CARIBBEAN CRUISES LTD	ADR	V7780T103	2,023	26,987	SH		SOLE		26,362	0	625
ROYAL DUTCH SHELL PLC-ADR	ADR	780259107	1,162	22,000	SH		SOLE		21,500	0	500
SAP SE	ADR	803054204	2,685	29,377	SH		SOLE		28,662	0	715
SENSATA TECHNOLOGIES HOLDING	ADR	N7902X106	526	13,551	SH		SOLE		13,246	0	305
SMITH & NEPHEW PLC	ADR	83175M205	620	18,924	SH		SOLE		18,489	0	435
SONY CORP	ADR	835699307	2,901	87,350	SH		SOLE		85,825	0	1,525
STMICROELECTRONICS NV-NY SHS	ADR	861012102	1,794	220,097	SH		SOLE		215,137	0	4,960
TENARIS SA-ADR	ADR	88031M109	1,318	46,409	SH		SOLE		45,484	0	925
UBS GROUP AG	ADR	H42097107	1,310	96,151	SH		SOLE		93,216	0	2,935
UNILEVER NV	ADR	904784709	3,833	83,147	SH		SOLE		81,187	0	1,960
VODAFONE GROUP PLC SP ADR	ADR	92857W308	999	34,288	SH		SOLE		33,739	0	549
XL GROUP LTD	ADR	G98294104	1,414	42,039	SH		SOLE		41,384	0	655
ALERIAN MLP ETF	COM	00162Q866	1,539	121,241	SH		SOLE		121,241	0	0
COHEN & STEERS REALTY MAJORS I	COM	464287564	1,630	15,536	SH		SOLE		15,536	0	0
CORE S&P 500	COM	464287200	18,179	83,557	SH		SOLE		83,557	0	0
CORE S&P MIDCAP	COM	464287507	886	5,727	SH		SOLE		5,727	0	0
CORE S&P SMALLCAP 600 INDEX	COM	464287804	449	3,619	SH		SOLE		3,619	0	0
GUGGENHEIM S&P 500 PURE VALUE	COM	78355W304	8,750	165,495	SH		SOLE		165,495	0	0
iSHARES CORE MSCI EAFE ETF	COM	46432F842	19,965	362,080	SH		SOLE		362,080	0	0
iSHARES CORE MSCI EMERGING MAR	COM	46434G103	1,503	32,964	SH		SOLE		32,964	0	0
iSHARES DJ SELECT DIVIDEND IND	COM	464287168	6,546	76,389	SH		SOLE		76,389	0	0
iSHARES DOW JONES EPAC DIVIDEN	COM	464288448	226	7,549	SH		SOLE		7,549	0	0
iSHARES DOW JONES U.S. TELECOM	COM	464287713	240	7,450	SH		SOLE		7,450	0	0
iSHARES DOW JONES U.S. UTILITI	COM	464287697	319	2,600	SH		SOLE		2,600	0	0
iSHARES EDGE MSCI EMERGING MKT	COM	464286533	1,244	23,009	SH		SOLE		23,009	0	0
ISHARES Edge MSCI USA value	COM	46432F388	1,934	29,630	SH		SOLE		29,630	0	0
iSHARES MSCI ACWI INDEX FUND	COM	464288257	1,635	27,657	SH		SOLE		27,657	0	0
iSHARES MSCI BRIC INDEX FUND	COM	464286657	329	9,611	SH		SOLE		9,611	0	0
iSHARES MSCI EAFE GROWTH INDEX	COM	464288885	1,223	17,880	SH		SOLE		17,880	0	0
iSHARES MSCI PACIFIC EX JAPAN	COM	464286665	310	7,335	SH		SOLE		7,335	0	0
iSHARES RUSSELL 1000 ETG	COM	464287622	277	2,300	SH		SOLE		2,300	0	0
iSHARES RUSSELL 2000 INDEX FUN	COM	464287655	801	6,447	SH		SOLE		6,447	0	0
iSHARES RUSSELL 2000 INDEX FUN	COM	464287655	96	774	SH		OTR		774	0	0
iSHARES S&P 100 INDEX FUND	COM	464287101	3,005	31,324	SH		SOLE		31,324	0	0
iSHARES S&P GSCI COMMODITY IND	COM	46428R107	484	32,685	SH		SOLE		32,685	0	0
iSHARES S&P MIDCAP 400 VALUE I	COM	464287705	1,368	10,288	SH		SOLE		10,288	0	0
iSHARES S&P MIDCAP GROWTH INDE	COM	464287606	1,814	10,384	SH		SOLE		10,384	0	0
iSHARES SILVER TRUST	COM	46428Q109	298	16,369	SH		SOLE		16,369	0	0
MSCI EAFE INDEX	COM	464287465	3,739	63,235	SH		SOLE		63,235	0	0
MSCI EMERGING MARKETS INDEX	COM	464287234	256	6,830	SH		SOLE		6,830	0	0
RUSSELL 1000 GROWTH INDEX	COM	464287614	7,268	69,768	SH		SOLE		69,768	0	0
RUSSELL 1000 VALUE INDEX	COM	464287598	3,838	36,335	SH		SOLE		36,335	0	0
RUSSELL 2000 GROWTH INDEX	COM	464287648	1,474	9,899	SH		SOLE		9,899	0	0
RUSSELL 2000 VALUE INDEX	COM	464287630	806	7,698	SH		SOLE		7,698	0	0
RUSSELL MIDCAP GROWTH INDEX	COM	464287481	2,016	20,701	SH		SOLE		20,701	0	0
RUSSELL MIDCAP INDEX	COM	464287499	398	2,286	SH		SOLE		2,286	0	0
RUSSELL MIDCAP INDEX	COM	464287499	82	468	SH		OTR		468	0	0
RUSSELL MIDCAP VALUE INDEX	COM	464287473	1,473	19,190	SH		SOLE		19,190	0	0
RUSSELL MIDCAP VALUE INDEX	COM	464287473	15	193	SH		OTR		193	0	0
S&P 500 DEPOSITARY RECEIPTS	COM	78462F103	2,561	11,838	SH		SOLE		11,838	0	0
SCHWAB US BROAD MARKET ETF	COM	808524102	1,243	23,762	SH		SOLE		23,762	0	0
SPDR GOLD TRUST	COM	78463V107	215	1,715	SH		SOLE		1,715	0	0
VANGUARD DIVIDEND APP INDEX FU	COM	921908844	1,022	12,179	SH		SOLE		12,179	0	0
VANGUARD EMERGING MARKETS ETF	COM	922042858	482	12,804	SH		SOLE		12,804	0	0
VANGUARD FTSE ALL WORLD US SMA	COM	922042718	275	2,764	SH		SOLE		2,764	0	0
VANGUARD FTSE DEVELOPED MARKET	COM	921943858	1,419	37,922	SH		SOLE		37,922	0	0
VANGUARD GROWTH ETF	COM	922908736	3,144	28,000	SH		SOLE		28,000	0	0
VANGUARD HEALTH CARE	COM	92204A504	226	1,701	SH		SOLE		1,701	0	0
VANGUARD MID CAP GROWTH INDEX	COM	922908538	4,291	40,332	SH		SOLE		40,332	0	0
VANGUARD MID CAP VALUE INDEX F	COM	922908512	2,529	27,032	SH		SOLE		27,032	0	0
VANGUARD MSCI EUROPEAN ETF	COM	922042874	252	5,170	SH		SOLE		5,170	0	0
VANGUARD REIT ETF	COM	922908553	663	7,643	SH		SOLE		7,643	0	0
VANGUARD SMALL CAP GROWTH ETF	COM	922908595	3,635	27,587	SH		SOLE		27,587	0	0
VANGUARD SMALL CAP VALUE	COM	922908611	4,149	37,491	SH		SOLE		37,491	0	0
VANGUARD US TOTAL EQUITY MARKE	COM	922908769	3,185	28,612	SH		SOLE		28,612	0	0