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	3,321	15,763	SH		SOLE		15,763	0	0
ABBOTT LABORATORIES	COM	002824100	5,533	75,417	SH		SOLE		69,767	0	5,650
ABBVIE INC	COM	00287Y109	2,208	23,350	SH		SOLE		23,350	0	0
ACCENTURE LTD	COM	G1151C101	1,931	11,345	SH		SOLE		11,345	0	0
ADOBE INC	COM	00724F101	2,681	9,932	SH		SOLE		9,932	0	0
AFLAC INC	COM	001055102	1,084	23,029	SH		SOLE		23,029	0	0
ALKERMES INC COM	COM	G01767105	216	5,100	SH		SOLE		5,100	0	0
ALLIANCE DATA SYSTEMS CORP	COM	018581108	1,330	5,630	SH		SOLE		5,630	0	0
ALLIANCEBERNSTEIN HOLDING L.P.	COM	01881G106	780	25,622	SH		SOLE		24,000	0	1,622
ALPHABET INC CL A	COM	02079K305	15,107	12,515	SH		SOLE		12,515	0	0
ALPHABET INC CL C	COM	02079K107	12,798	10,723	SH		SOLE		10,723	0	0
ALTRIA GROUP INC	COM	02209S103	1,644	27,251	SH		SOLE		27,251	0	0
AMAZON.COM INC	COM	023135106	12,627	6,304	SH		SOLE		6,304	0	0
AMERICAN ELECTRIC POWER INC	COM	025537101	4,670	65,880	SH		SOLE		60,630	0	5,250
AMERICAN EXPRESS	COM	025816109	7,401	69,501	SH		SOLE		65,651	0	3,850
AMERICAN FINANCIAL GROUP INC	COM	025932104	2,537	22,864	SH		SOLE		21,124	0	1,740
AMERICAN TOWER CORP	COM	03027X100	809	5,566	SH		SOLE		5,566	0	0
AMGEN INC	COM	031162100	7,451	35,943	SH		SOLE		33,983	0	1,960
ANTHEM INC	COM	036752103	5,837	21,300	SH		SOLE		19,700	0	1,600
APACHE CORP	COM	037411105	2,570	53,920	SH		SOLE		53,920	0	0
APPLE COMPUTER	COM	037833100	47,500	210,419	SH		SOLE		207,755	0	2,664
ARBOR REALTY TRUST	COM	038923108	230	20,000	SH		SOLE		20,000	0	0
ARMSTRONG WORLD INDUSTRIES	COM	04247X102	1,052	15,114	SH		SOLE		15,114	0	0
AT&T INC	COM	00206R102	11,996	357,249	SH		SOLE		336,974	0	20,275
ATHENA HEALTH INC	COM	04685W103	1,124	8,410	SH		SOLE		8,410	0	0
AUTOMATIC DATA PROCESSING INC	COM	053015103	3,529	23,423	SH		SOLE		23,423	0	0
AUTOZONE INC	COM	053332102	337	434	SH		SOLE		434	0	0
BANK OF AMERICA CORPORATION	COM	060505104	21,691	736,298	SH		SOLE		703,832	0	32,466
BERKSHIRE HATHAWAY INC-CL B	COM	084670702	19,519	91,163	SH		SOLE		84,723	0	6,440
BEST BUY CO INC	COM	086516101	1,935	24,387	SH		SOLE		24,387	0	0
BIOGEN IDEC INC	COM	09062X103	970	2,746	SH		SOLE		2,746	0	0
BLACKROCK INC	COM	09247X101	4,313	9,150	SH		SOLE		8,450	0	700
BLACKSTONE GROUP LP	COM	09253U108	551	14,459	SH		SOLE		13,300	0	1,159
BOEING COMPANY	COM	097023105	21,813	58,652	SH		SOLE		58,448	0	204
BOSTON SCIENTIFIC CORP	COM	101137107	1,145	29,739	SH		SOLE		29,739	0	0
BRISTOL MYERS-SQUIBB CO	COM	110122108	1,426	22,964	SH		SOLE		22,964	0	0
BRITISH AMERICAN TOBACCO PLC	COM	110448107	480	10,289	SH		SOLE		10,289	0	0
BROADCOM INC	COM	11135F101	5,319	21,558	SH		SOLE		21,558	0	0
CAMPBELL SOUP COMPANY	COM	134429109	3,352	91,500	SH		SOLE		84,700	0	6,800
CAPITAL ONE FINANCIAL CORPORAT	COM	14040H105	4,757	50,110	SH		SOLE		46,455	0	3,655
CATERPILLAR INC	COM	149123101	1,627	10,672	SH		SOLE		10,672	0	0
CBL & ASSOCIATES PROPERTIES	COM	124830100	89	22,397	SH		SOLE		22,397	0	0
CDK GLOBAL INC	COM	12508E101	419	6,691	SH		SOLE		6,691	0	0
CELGENE CORP	COM	151020104	7,211	80,584	SH		SOLE		79,909	0	675
CHARLES SCHWAB CORPORATION	COM	808513105	410	8,335	SH		SOLE		8,335	0	0
CHERRY HILL MORTGAGE INVESTMEN	COM	164651101	181	10,000	SH		SOLE		10,000	0	0
CHEVRON CORP	COM	166764100	17,516	143,241	SH		SOLE		132,851	0	10,390
CIGNA CORPORATION	COM	125509109	12,064	57,929	SH		SOLE		57,019	0	910
CISCO SYSTEMS INC	COM	17275R102	26,097	536,430	SH		SOLE		515,685	0	20,745
CITIGROUP INC	COM	172967424	18,389	256,332	SH		SOLE		245,392	0	10,940
CLEARSIDE BIOMEDICAL INC	COM	185063104	76	12,360	SH		SOLE		12,360	0	0
CLEARSIGN COMBUSTION CORP	COM	185064102	52	32,454	SH		SOLE		32,454	0	0
CME GROUP INC	COM	12572Q105	391	2,300	SH		SOLE		2,300	0	0
CMS ENERGY CORP	COM	125896100	6,268	127,922	SH		SOLE		117,867	0	10,055
COCA COLA COMPANY	COM	191216100	3,963	85,808	SH		SOLE		83,808	0	2,000
COGNIZANT TECHNOLOGY SOLUTIONS	COM	192446102	1,510	19,568	SH		SOLE		19,568	0	0
COLONY CAPITAL INC	COM	19626G108	561	92,144	SH		SOLE		92,144	0	0
COMCAST CORP CL A	COM	20030N101	4,888	138,052	SH		SOLE		138,052	0	0
CONOCOPHILLIPS	COM	20825C104	10,967	141,696	SH		SOLE		138,936	0	2,760
CORNING INC	COM	219350105	5,561	157,530	SH		SOLE		146,040	0	11,490
COSTCO WHOLESALE CORPORATION	COM	22160K105	11,127	47,374	SH		SOLE		47,374	0	0
CROWN CASTLE INTL CORP	COM	22822V101	567	5,097	SH		SOLE		5,097	0	0
CSX CORPORATION	COM	126408103	16,719	225,786	SH		SOLE		219,236	0	6,550
CVS CORPORATION	COM	126650100	9,093	115,516	SH		SOLE		110,096	0	5,420
CYPRESS SEMICONDUCTOR CORPORAT	COM	232806109	1,137	78,479	SH		SOLE		78,479	0	0
DELL TECHNOLOGIES INC - CL V	COM	24703L103	4,985	51,329	SH		SOLE		49,803	0	1,526
DELTA AIR LINES INC	COM	247361702	7,957	137,598	SH		SOLE		137,598	0	0
DISCOVER FINANCIAL SERVICES	COM	254709108	1,488	19,469	SH		SOLE		19,469	0	0
DISCOVERY INC	COM	25470F104	5,248	164,010	SH		SOLE		151,830	0	12,180
DOLLAR GENERAL CORP	COM	256677105	2,130	19,485	SH		SOLE		19,485	0	0
DOWDUPONT INC	COM	26078J100	3,148	48,954	SH		SOLE		45,331	0	3,623
DUKE ENERGY CORPORATION	COM	26441C204	5,565	69,541	SH		SOLE		64,441	0	5,100
DXC TECHNOLOGY CO	COM	23355L106	1,576	16,848	SH		SOLE		15,635	0	1,213
E TRADE FINANCIAL CORP	COM	269246401	1,281	24,444	SH		SOLE		24,444	0	0
EBAY INC	COM	278642103	3,653	110,617	SH		SOLE		102,117	0	8,500
ELI LILLY & CO	COM	532457108	1,410	13,138	SH		SOLE		13,138	0	0
ENERGY SELECT SECTOR SPDR FUND	COM	81369Y506	2,746	36,258	SH		SOLE		35,748	0	510
ENERGY TRANSFER EQUITY LP	COM	29273V100	1,117	64,110	SH		SOLE		64,110	0	0
EQUINIX INC	COM	29444U700	440	1,017	SH		SOLE		1,017	0	0
ESTEE LAUDER COMPANIES CL A	COM	518439104	6,222	42,818	SH		SOLE		42,143	0	675
EXELON CORP	COM	30161N101	6,820	156,200	SH		SOLE		144,860	0	11,340
EXXON MOBIL CORPORATION	COM	30231G102	23,005	270,578	SH		SOLE		252,778	0	17,800
FACEBOOK INC	COM	30303M102	10,379	63,112	SH		SOLE		62,937	0	175
FASTENAL CO	COM	311900104	878	15,127	SH		SOLE		15,127	0	0
FEDEX CORPORATION	COM	31428X106	13,232	54,952	SH		SOLE		54,426	0	526
FINANCIAL SELECT SECTOR SPDR	COM	81369Y605	1,674	60,706	SH		SOLE		58,985	0	1,721
FIRST HORIZON NATIONAL CORPORA	COM	320517105	845	48,963	SH		SOLE		48,963	0	0
FLIR SYSTEMS INC	COM	302445101	1,124	18,291	SH		SOLE		18,291	0	0
FORD MOTOR COMPANY	COM	345370860	3,324	359,304	SH		SOLE		342,384	0	16,920
FREEPORT McMORAN COPPER & GOLD	COM	35671D857	2,341	168,182	SH		SOLE		168,182	0	0
GENERAL ELECTRIC COMPANY	COM	369604103	6,225	551,417	SH		SOLE		521,279	0	30,138
GENERAL MOTORS CO	COM	37045V100	3,544	105,267	SH		SOLE		97,457	0	7,810
GENTEX CORP	COM	371901109	2,077	96,770	SH		SOLE		89,245	0	7,525
GILEAD SCIENCES INC	COM	375558103	2,963	38,370	SH		SOLE		38,105	0	265
GLOBAL PAYMENTS INC	COM	37940X102	1,434	11,255	SH		SOLE		11,255	0	0
GOLDMAN SACHS GROUP	COM	38141G104	10,739	47,890	SH		SOLE		45,339	0	2,551
GRACO INC	COM	384109104	870	18,771	SH		SOLE		18,771	0	0
GRAPHIC PACKAGING HOLDING CO	COM	388689101	4,769	340,411	SH		SOLE		320,051	0	20,360
HALLIBURTON COMPANY	COM	406216101	1,930	47,618	SH		SOLE		47,618	0	0
HANESBRANDS INC	COM	410345102	3,050	165,486	SH		SOLE		164,861	0	625
HCA HEALTHCARE INC	COM	40412C101	4,015	28,859	SH		SOLE		26,824	0	2,035
HEWLETT PACKARD ENTERPRISE CO	COM	42824C109	4,199	257,455	SH		SOLE		238,565	0	18,890
HOME DEPOT INC	COM	437076102	3,536	17,070	SH		SOLE		17,070	0	0
HONEYWELL INTERNATIONAL INC	COM	438516106	1,722	10,351	SH		SOLE		10,148	0	203
HUMANA INC	COM	444859102	6,384	18,860	SH		SOLE		18,860	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	337	22,560	SH		SOLE		22,560	0	0
IAC/INTERACTIVECORP	COM	44919P508	1,687	7,785	SH		SOLE		7,785	0	0
IDEXX LABORATORIES INC	COM	45168D104	340	1,360	SH		SOLE		1,360	0	0
ILLUMINA INC	COM	452327109	1,389	3,785	SH		SOLE		3,785	0	0
INGREDION INC	COM	457187102	4,524	43,100	SH		SOLE		39,985	0	3,115
INTEL CORPORATION	COM	458140100	10,657	225,357	SH		SOLE		209,992	0	15,365
INVESTCO LIMITED	COM	G491BT108	2,579	112,715	SH		SOLE		112,715	0	0
IRON MOUNTAIN INC	COM	46284V101	2,045	59,251	SH		SOLE		54,901	0	4,350
JETBLUE AIRWAYS CORP	COM	477143101	5,184	267,745	SH		SOLE		248,495	0	19,250
JOHNSON & JOHNSON	COM	478160104	21,208	153,493	SH		SOLE		144,515	0	8,978
JP MORGAN CHASE & CO	COM	46625H100	35,511	314,701	SH		SOLE		298,863	0	15,838
KELLOGG CO	COM	487836108	359	5,125	SH		SOLE		5,125	0	0
KEYCORP	COM	493267108	12,025	604,557	SH		SOLE		579,702	0	24,855
LAM RESEARCH CORP	COM	512807108	755	4,974	SH		SOLE		4,974	0	0
LAS VEGAS SANDS CORP	COM	517834107	274	4,625	SH		SOLE		4,625	0	0
LENNAR CORP	COM	526057104	4,086	87,516	SH		SOLE		87,516	0	0
LINCOLN NATIONAL CORP	COM	534187109	3,280	48,473	SH		SOLE		44,993	0	3,480
LOCKHEED MARTIN CORPORATION	COM	539830109	6,292	18,188	SH		SOLE		17,138	0	1,050
LOWE'S COMPANIES INC	COM	548661107	13,394	116,651	SH		SOLE		116,247	0	404
LYONDELLBASELL INDUSTRIES NV	COM	N53745100	7,440	72,578	SH		SOLE		67,818	0	4,760
MACYS INC	COM	55616P104	6,397	184,203	SH		SOLE		181,053	0	3,150
MARATHON OIL CORP	COM	565849106	6,632	284,882	SH		SOLE		264,517	0	20,365
MASCO CORP	COM	574599106	870	23,771	SH		SOLE		23,771	0	0
MASTERCARD INC	COM	57636Q104	3,471	15,591	SH		SOLE		15,340	0	251
MCKESSON HBOC INC	COM	58155Q103	933	7,031	SH		SOLE		7,031	0	0
MEDTRONIC PLC	COM	G5960L103	1,537	15,622	SH		SOLE		15,622	0	0
MERCK & COMPANY	COM	58933Y105	39,564	557,710	SH		SOLE		546,137	0	11,573
METTLER-TOLEDO INTL	COM	592688105	320	525	SH		SOLE		525	0	0
MICROCHIP TECHNOLOGY INC	COM	595017104	903	11,448	SH		SOLE		11,448	0	0
MICRON TECHNOLOGY INC	COM	595112103	5,935	131,210	SH		SOLE		126,610	0	4,600
MICROSOFT CORPORATION	COM	594918104	50,515	441,682	SH		SOLE		435,604	0	6,078
MID-AMERICA APARTMENT COMMUNIT	COM	59522J103	1,472	14,690	SH		SOLE		14,690	0	0
MKS INSTRUMENTS INC	COM	55306N104	827	10,323	SH		SOLE		10,323	0	0
MOLINA HEALTHCARE INC	COM	60855R100	1,447	9,729	SH		SOLE		9,729	0	0
MONDELEZ INTERNATIONAL INC	COM	609207105	10,306	239,891	SH		SOLE		234,331	0	5,560
MOODYS CORP	COM	615369105	334	2,000	SH		SOLE		0	0	2,000
MOTOROLA SOLUTIONS INC	COM	620076307	1,331	10,227	SH		SOLE		10,227	0	0
MURPHY OIL CORP	COM	626717102	2,160	64,792	SH		SOLE		60,707	0	4,085
MYLAN NV	COM	N59465109	4,473	122,200	SH		SOLE		113,000	0	9,200
NETAPP INC	COM	64110D104	1,329	15,473	SH		SOLE		15,473	0	0
NETFLIX INC	COM	64110L106	4,429	11,838	SH		SOLE		11,838	0	0
NEWFIELD EXPLORATION COMPANY	COM	651290108	551	19,120	SH		SOLE		19,120	0	0
NEXTERA ENERGY INC	COM	65339F101	5,042	30,081	SH		SOLE		27,831	0	2,250
NIKE INC CL B	COM	654106103	2,592	30,599	SH		SOLE		30,599	0	0
NORDIC AMERICAN OFFSHORE LIMIT	COM	G65772108	97	100,000	SH		SOLE		100,000	0	0
NORFOLK SOUTHERN CORP	COM	655844108	6,314	34,979	SH		SOLE		32,299	0	2,680
NUCOR CORP	COM	670346105	4,968	78,300	SH		SOLE		72,100	0	6,200
NVIDIA CORP	COM	67066G104	2,742	9,757	SH		SOLE		9,757	0	0
OCCIDENTAL PETROLEUM CORP	COM	674599105	3,019	36,741	SH		SOLE		34,091	0	2,650
OMEGA HEALTHCARE INVESTORS INC	COM	681936100	5,829	177,868	SH		SOLE		165,348	0	12,520
ORACLE CORPORATION	COM	68389X105	2,995	58,092	SH		SOLE		54,172	0	3,920
OSHKOSH CORPORATION	COM	688239201	4,756	66,755	SH		SOLE		61,895	0	4,860
PARSLEY ENERGY INC	COM	701877102	502	17,149	SH		SOLE		17,149	0	0
PAYPAL HOLDINGS INC	COM	70450Y103	9,146	104,123	SH		SOLE		103,623	0	500
PEPSICO INC	COM	713448108	16,340	146,157	SH		SOLE		134,293	0	11,864
PERSPECTA INC	COM	715347100	219	8,511	SH		SOLE		7,906	0	605
PFIZER INC	COM	717081103	16,295	369,764	SH		SOLE		345,679	0	24,085
PHILIP MORRIS INTL INC	COM	718172109	245	3,000	SH		SOLE		3,000	0	0
PHILLIPS 66	COM	718546104	4,074	36,144	SH		SOLE		33,544	0	2,600
POST HOLDINGS INC	COM	737446104	1,257	12,820	SH		SOLE		12,820	0	0
PRAXAIR INC	COM	74005P104	632	3,932	SH		SOLE		3,932	0	0
PREMIER INC	COM	74051N102	6,504	142,062	SH		SOLE		133,562	0	8,500
PROCTER & GAMBLE COMPANY	COM	742718109	15,314	183,998	SH		SOLE		173,448	0	10,550
PROGRESSIVE CORP	COM	743315103	1,776	24,997	SH		SOLE		24,997	0	0
PROLOGIS	COM	74340W103	5,348	78,895	SH		SOLE		73,295	0	5,600
PRUDENTIAL FINANCIAL INC	COM	744320102	4,306	42,495	SH		SOLE		39,305	0	3,190
PUBLIC STORAGE INC	COM	74460D109	381	1,891	SH		SOLE		1,891	0	0
PULTE CORP	COM	745867101	5,481	221,259	SH		SOLE		208,409	0	12,850
QUALCOMM INC	COM	747525103	3,823	53,074	SH		SOLE		52,949	0	125
QUANTA SERVICES INC	COM	74762E102	1,018	30,500	SH		SOLE		30,500	0	0
RED HAT INC	COM	756577102	341	2,500	SH		SOLE		2,500	0	0
REGIONS FINANCIAL CORP	COM	7591EP100	7,611	414,760	SH		SOLE		388,930	0	25,830
RENASANT CORP	COM	75970E107	302	7,337	SH		SOLE		7,337	0	0
REPUBLIC SERVICES INC	COM	760759100	1,276	17,565	SH		SOLE		17,565	0	0
RESONANT INC	COM	76118L102	42	10,439	SH		SOLE		10,439	0	0
ROKU INC	COM	77543R102	256	3,500	SH		SOLE		3,500	0	0
S&P GLOBAL INC	COM	78409V104	1,418	7,258	SH		SOLE		5,658	0	1,600
SALESFORCE.COM INC	COM	79466L302	2,466	15,504	SH		SOLE		15,504	0	0
SCHLUMBERGER LTD	COM	806857108	10,580	173,674	SH		SOLE		165,574	0	8,100
SHERWIN WILLIAMS CO	COM	824348106	644	1,414	SH		SOLE		1,414	0	0
SIMON PROPERTY GROUP INC	COM	828806109	642	3,633	SH		SOLE		3,633	0	0
SOUTHWEST AIRLINES CO	COM	844741108	1,284	20,566	SH		SOLE		20,566	0	0
SPROUTS FARMERS MARKET INC	COM	85208M102	954	34,798	SH		SOLE		34,798	0	0
SQUARE INC	COM	852234103	327	3,300	SH		SOLE		2,700	0	600
STATE STREET CORPORATION	COM	857477103	293	3,500	SH		SOLE		3,500	0	0
STEADYMED LTD	COM	M84920103	45	10,000	SH		SOLE		10,000	0	0
SUNTRUST BANKS INC	COM	867914103	2,948	44,132	SH		SOLE		41,117	0	3,015
SYNCHRONY FINANCIAL	COM	87165B103	10,840	348,777	SH		SOLE		334,735	0	14,042
SYSCO CORP	COM	871829107	879	12,000	SH		SOLE		0	0	12,000
T-MOBILE US INC	COM	872590104	897	12,782	SH		SOLE		12,782	0	0
TARGET CORP	COM	87612E106	217	2,455	SH		SOLE		2,455	0	0
TELIGENT INC	COM	87960W104	39	10,000	SH		SOLE		10,000	0	0
TESLA MOTORS INC	COM	88160R101	852	3,216	SH		SOLE		3,216	0	0
TEXAS INSTRUMENTS INC	COM	882508104	2,320	21,627	SH		SOLE		20,627	0	1,000
THERMO FISHER SCIENTIFIC INC	COM	883556102	10,407	42,636	SH		SOLE		42,636	0	0
TJX COMPANIES INC	COM	872540109	1,899	16,956	SH		SOLE		16,956	0	0
TOTAL SYSTEM SERVICES	COM	891906109	1,224	12,395	SH		SOLE		12,395	0	0
TWENTY-FIRST CENTURY FOX - B	COM	90130A200	1,743	38,044	SH		SOLE		37,129	0	915
TWENTY-FIRST CENTURY FOX INC	COM	90130A101	3,277	70,728	SH		SOLE		70,728	0	0
ULTA BEAUTY INC	COM	90384S303	3,892	13,794	SH		SOLE		13,634	0	160
UNION PACIFIC CORP	COM	907818108	1,967	12,080	SH		SOLE		11,677	0	403
UNITED PARCEL SERVICE CL B	COM	911312106	1,082	9,271	SH		SOLE		9,271	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	7,633	54,595	SH		SOLE		53,270	0	1,325
UNITEDHEALTH GROUP INC	COM	91324P102	9,612	36,128	SH		SOLE		34,377	0	1,751
UNIVERSAL INSURANCE HOLDINGS I	COM	91359V107	907	18,691	SH		SOLE		18,691	0	0
US BANCORP	COM	902973304	10,106	191,359	SH		SOLE		182,629	0	8,730
US FOODS HOLDING CORP	COM	912008109	3,336	108,250	SH		SOLE		100,100	0	8,150
VALERO ENERGY CORP	COM	91913Y100	4,963	43,629	SH		SOLE		40,409	0	3,220
VEREIT INC	COM	92339V100	73	10,000	SH		SOLE		10,000	0	0
VERIZON COMMUNICATIONS	COM	92343V104	13,894	260,240	SH		SOLE		250,080	0	10,160
VISA INC	COM	92826C839	13,607	90,661	SH		SOLE		90,160	0	501
WALMART INC	COM	931142103	349	3,720	SH		SOLE		3,720	0	0
WALT DISNEY COMPANY	COM	254687106	11,726	100,278	SH		SOLE		96,678	0	3,600
WELLCARE HEALTH PLANS INC	COM	94946T106	1,058	3,301	SH		SOLE		3,301	0	0
WELLS FARGO COMPANY	COM	949746101	11,359	216,110	SH		SOLE		195,530	0	20,580
WILLIAMS-SONOMA INC	COM	969904101	1,257	19,122	SH		SOLE		19,122	0	0
WORKDAY INC	COM	98138H101	336	2,300	SH		SOLE		2,300	0	0
XPO LOGISTICS INC	COM	983793100	1,131	9,907	SH		SOLE		9,907	0	0
XYLINX INC	COM	983919101	4,801	59,889	SH		SOLE		58,814	0	1,075
ZEBRA TECHNOLOGIES CORP	COM	989207105	1,032	5,838	SH		SOLE		5,838	0	0
ZOETIS INC	COM	98978V103	1,651	18,036	SH		SOLE		18,036	0	0
AEGON	ADR	007924103	499	77,648	SH		SOLE		74,918	0	2,730
ALIBABA GROUP HOLDINGS LTD	ADR	01609W102	783	4,750	SH		SOLE		4,650	0	100
ANHEUSER-BUSCH INBEV	ADR	03524A108	2,185	24,952	SH		SOLE		24,022	0	930
ARCELORMITTAL	ADR	03938L203	769	24,905	SH		SOLE		24,214	0	691
BAIDU INC	ADR	056752108	1,130	4,940	SH		SOLE		4,635	0	305
BARRICK GOLD CORP	ADR	067901108	498	44,903	SH		SOLE		43,148	0	1,755
BP PLC	ADR	055622104	3,210	69,641	SH		SOLE		67,046	0	2,595
BRIGHT SCHOLAR EDUCATION	ADR	109199109	339	27,350	SH		SOLE		26,350	0	1,000
BRITISH TELECOMMUNICATIONS P	ADR	05577E101	1,960	132,686	SH		SOLE		127,536	0	5,150
BROADCOM LTD	ADR	11135F101	1,408	5,707	SH		SOLE		5,707	0	0
COPA HOLDINGS SA	ADR	P31076105	646	8,090	SH		SOLE		7,785	0	305
CREDIT SUISSE GROUP	ADR	225401108	1,161	77,696	SH		SOLE		74,253	0	3,443
CRH PLC ADR	ADR	12626K203	1,212	37,041	SH		SOLE		35,641	0	1,400
DEUTSCHE BANK AG	ADR	D18190898	399	35,087	SH		SOLE		33,367	0	1,720
DIAGEO	ADR	25243Q205	2,196	15,499	SH		SOLE		14,909	0	590
ENCANA CORP	ADR	292505104	1,776	135,500	SH		SOLE		132,100	0	3,400
GLAXO SMITHKLINE PLC	ADR	37733W105	3,112	77,467	SH		SOLE		74,617	0	2,850
HONDA MOTOR CO LTD	ADR	438128308	3,330	110,701	SH		SOLE		106,421	0	4,280
ING GROEP NV ADR	ADR	456837103	1,199	92,471	SH		SOLE		88,646	0	3,825
INTERCONTINENTAL HOTELS ADR	ADR	45857P707	2,670	42,517	SH		SOLE		41,070	0	1,447
INVESCO LTD	ADR	G491BT108	856	37,398	SH		SOLE		36,313	0	1,085
iSHARES MSCI EMERGING MKT IN	ADR	464287234	1,172	27,295	SH		SOLE		26,355	0	940
KONINKLIJKE PHILIPS NV	ADR	500472303	4,447	97,726	SH		SOLE		94,376	0	3,350
L.M. ERICSSON SPONSORED ADR	ADR	294821608	178	20,280	SH		SOLE		19,130	0	1,150
MCDERMOTT INTL INC COM	ADR	580037703	544	29,495	SH		SOLE		28,463	0	1,032
NATIONAL GRID PLC	ADR	636274409	742	14,313	SH		SOLE		13,801	0	512
NEWS CORP - CLASS B	ADR	65249B208	488	35,854	SH		SOLE		33,769	0	2,085
PETROLEO BRASILEIRO S.A. ADR	ADR	71654V408	824	68,262	SH		SOLE		65,682	0	2,580
PRUDENTIAL PLC-ADR	ADR	74435K204	1,220	26,579	SH		SOLE		25,574	0	1,005
ROYAL CARIBBEAN CRUISES LTD	ADR	V7780T103	2,037	15,675	SH		SOLE		15,275	0	400
ROYAL DUTCH SHELL PLC-ADR	ADR	780259107	1,912	26,960	SH		SOLE		25,920	0	1,040
SAP SE	ADR	803054204	4,472	36,357	SH		SOLE		35,557	0	800
SENSATA TECHNOLOGIES HOLDING P	ADR	G8060N102	816	16,476	SH		SOLE		15,861	0	615
SMITH & NEPHEW PLC	ADR	83175M205	867	23,379	SH		SOLE		22,774	0	605
SONY CORP	ADR	835699307	5,723	94,355	SH		SOLE		90,355	0	4,000
STMICROELECTRONICS NV-NY SHS	ADR	861012102	2,809	153,187	SH		SOLE		146,627	0	6,560
TENARIS SA-ADR	ADR	88031M109	1,894	56,514	SH		SOLE		54,379	0	2,135
THE TORONTO-DOMINION BANK	ADR	891160509	930	15,300	SH		SOLE		14,750	0	550
UBS GROUP AG	ADR	H42097107	1,830	116,311	SH		SOLE		111,556	0	4,755
UNILEVER NV	ADR	904784709	2,332	41,977	SH		SOLE		40,387	0	1,590
VODAFONE GROUP PLC SP ADR	ADR	92857W308	767	35,358	SH		SOLE		33,869	0	1,489
ALERIAN MLP ETF	COM	00162Q866	1,345	125,937	SH		SOLE		125,937	0	0
COHEN & STEERS REALTY MAJORS I	COM	464287564	817	8,160	SH		SOLE		8,160	0	0
CORE S&P 500	COM	464287200	35,272	120,494	SH		SOLE		72,732	0	47,762
CORE S&P MIDCAP	COM	464287507	870	4,324	SH		SOLE		4,324	0	0
CORE S&P SMALLCAP 600 INDEX	COM	464287804	797	9,141	SH		SOLE		9,141	0	0
iSHARES CORE MSCI EAFE ETF	COM	46432F842	26,618	415,389	SH		SOLE		346,803	0	68,586
iSHARES CORE MSCI EMERGING MAR	COM	46434G103	2,493	48,137	SH		SOLE		14,447	0	33,690
iSHARES DJ SELECT DIVIDEND IND	COM	464287168	7,146	71,636	SH		SOLE		68,679	0	2,957
iSHARES DOW JONES EPAC DIVIDEN	COM	464288448	306	9,391	SH		SOLE		3,645	0	5,746
iSHARES EDGE MSCI EMERGING MKT	COM	464286533	1,282	21,616	SH		SOLE		21,616	0	0
iSHARES MSCI ACWI INDEX FUND	COM	464288257	1,625	21,884	SH		SOLE		21,884	0	0
iSHARES MSCI EAFE GROWTH INDEX	COM	464288885	468	5,846	SH		SOLE		5,846	0	0
iSHARES MSCI PACIFIC EX JAPAN	COM	464286665	395	8,704	SH		SOLE		140	0	8,564
iSHARES RUSSELL 1000 ETG	COM	464287622	372	2,300	SH		SOLE		2,300	0	0
iSHARES RUSSELL 2000 INDEX FUN	COM	464287655	1,548	9,182	SH		SOLE		9,003	0	179
iSHARES RUSSELL 2000 INDEX FUN	COM	464287655	94	557	SH		OTR		557	0	0
iSHARES RUSSELL 3000 VALUE	COM	464287663	2,076	36,830	SH		SOLE		36,830	0	0
iSHARES S&P 100 INDEX FUND	COM	464287101	4,023	31,034	SH		SOLE		31,034	0	0
iSHARES S&P MIDCAP GROWTH INDE	COM	464287606	281	1,208	SH		SOLE		1,208	0	0
iSHARES SILVER TRUST	COM	46428Q109	563	41,026	SH		SOLE		10,617	0	30,409
MIDCAP SPDR TRUST SER 1	COM	78467Y107	1,268	3,452	SH		SOLE		3,452	0	0
MSCI EAFE INDEX	COM	464287465	3,370	49,559	SH		SOLE		49,559	0	0
MSCI EMERGING MARKETS INDEX	COM	464287234	419	9,760	SH		SOLE		9,760	0	0
RUSSELL 1000 GROWTH INDEX	COM	464287614	10,519	67,438	SH		SOLE		67,438	0	0
RUSSELL 1000 VALUE INDEX	COM	464287598	6,063	47,881	SH		SOLE		47,881	0	0
RUSSELL 2000 GROWTH INDEX	COM	464287648	1,874	8,714	SH		SOLE		8,714	0	0
RUSSELL 2000 VALUE INDEX	COM	464287630	1,105	8,308	SH		SOLE		8,308	0	0
RUSSELL MIDCAP GROWTH INDEX	COM	464287481	1,912	14,106	SH		SOLE		14,106	0	0
RUSSELL MIDCAP INDEX	COM	464287499	1,778	8,063	SH		SOLE		8,063	0	0
RUSSELL MIDCAP INDEX	COM	464287499	90	408	SH		OTR		408	0	0
RUSSELL MIDCAP VALUE INDEX	COM	464287473	1,534	16,990	SH		SOLE		16,990	0	0
S&P 500 DEPOSITARY RECEIPTS	COM	78462F103	1,639	5,638	SH		SOLE		5,638	0	0
SCHWAB US BROAD MARKET ETF	COM	808524102	2,312	32,840	SH		SOLE		32,840	0	0
THE iSHARES CORE MSCI EUROPE E	COM	46434V738	468	9,752	SH		SOLE		9,752	0	0
VANGUARD DIVIDEND APP INDEX FU	COM	921908844	1,864	16,837	SH		SOLE		16,837	0	0
VANGUARD EMERGING MARKETS ETF	COM	922042858	790	19,269	SH		SOLE		19,269	0	0
VANGUARD FTSE ALL WORLD US SMA	COM	922042718	482	4,297	SH		SOLE		4,297	0	0
VANGUARD FTSE DEVELOPED MARKET	COM	921943858	2,243	51,844	SH		SOLE		51,844	0	0
VANGUARD GROWTH ETF	COM	922908736	2,255	14,000	SH		SOLE		14,000	0	0
VANGUARD HEALTH CARE	COM	92204A504	357	1,981	SH		SOLE		1,981	0	0
VANGUARD LARGE CAP ETF	COM	922908637	200	1,500	SH		SOLE		1,500	0	0
VANGUARD MID CAP GROWTH INDEX	COM	922908538	6,936	48,676	SH		SOLE		34,094	0	14,582
VANGUARD MID CAP VALUE INDEX F	COM	922908512	5,804	51,331	SH		SOLE		27,543	0	23,788
VANGUARD MSCI EUROPEAN ETF	COM	922042874	710	12,625	SH		SOLE		12,625	0	0
VANGUARD REAL ESTATE ETF	COM	922908553	1,754	21,734	SH		SOLE		17,452	0	4,282
VANGUARD SMALL CAP ETF	COM	922908751	208	1,277	SH		SOLE		1,277	0	0
VANGUARD SMALL CAP GROWTH ETF	COM	922908595	6,188	33,032	SH		SOLE		25,680	0	7,352
VANGUARD SMALL CAP VALUE	COM	922908611	7,493	53,766	SH		SOLE		37,112	0	16,654
VANGUARD US TOTAL EQUITY MARKE	COM	922908769	6,422	42,912	SH		SOLE		42,912	0	0
XOP	COM	78464A730	267	6,167	SH		SOLE		73	0	6,094