Ferguson Wellman 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
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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 Company	COM	88579Y101	5,069	32,854	SH		SOLE		32,854	0	0
ARRIS Group Inc.	COM	04270V106	728	23,780	SH		SOLE		23,780	0	0
AT & T	COM	00206R102	3,652	102,823	SH		SOLE		102,823	0	0
AbbVie Inc	COM	00287Y109	25,600	381,008	SH		SOLE		381,008	0	0
Abbott Laboratories	COM	002824100	2,982	60,750	SH		SOLE		60,750	0	0
Affiliated Managers Group, Inc	COM	008252108	214	980	SH		SOLE		980	0	0
Air Products & Chemicals	COM	009158106	394	2,880	SH		SOLE		2,880	0	0
Alaska Air Group	COM	011659109	13,470	209,060	SH		SOLE		209,060	0	0
Albemarle	COM	012653101	227	4,100	SH		SOLE		4,100	0	0
Alcoa Inc	COM	013817101	15,306	1,372,715	SH		SOLE		1,372,715	0	0
Allergan Inc	COM	018490102	380	1,252	SH		SOLE		1,252	0	0
Alliance Data Systems	COM	018581108	2,788	9,550	SH		SOLE		9,550	0	0
Allstate	COM	020002101	1,948	30,025	SH		SOLE		30,025	0	0
Altria Group	COM	02209S103	1,604	32,796	SH		SOLE		32,796	0	0
Amazon.com	COM	023135106	364	838	SH		SOLE		838	0	0
Ameren	COM	023608102	452	12,000	SH		SOLE		12,000	0	0
American Express	COM	025816109	901	11,587	SH		SOLE		11,587	0	0
American Intl Group	COM	026874784	31,072	502,623	SH		SOLE		502,623	0	0
Ameriprise Financial	COM	03076C106	3,428	27,443	SH		SOLE		27,443	0	0
Amgen	COM	031162100	23,849	155,351	SH		SOLE		155,351	0	0
Anadarko Petroleum	COM	032511107	452	5,789	SH		SOLE		5,789	0	0
Analog Devices	COM	032654105	1,588	24,734	SH		SOLE		24,734	0	0
Apple Inc	COM	037833100	78,643	627,009	SH		SOLE		627,009	0	0
Archer-Daniels Midland	COM	039483102	932	19,337	SH		SOLE		19,337	0	0
Arthur J. Gallagher & Co	COM	363576109	336	7,113	SH		SOLE		7,113	0	0
Automatic Data Processing	COM	053015103	363	4,529	SH		SOLE		4,529	0	0
BB&T Corporation	COM	054937107	248	6,140	SH		SOLE		6,140	0	0
Bank of America	COM	060505104	22,809	1,340,108	SH		SOLE		1,340,108	0	0
Bank of New York Co	COM	064058100	1,150	27,400	SH		SOLE		27,400	0	0
Bard, C.R.	COM	067383109	290	1,700	SH		SOLE		1,700	0	0
Baxter International	COM	071813109	2,265	32,396	SH		SOLE		32,396	0	0
Becton Dickinson & Co	COM	075887109	785	5,541	SH		SOLE		5,541	0	0
Berkshire Hathaway Class B	COM	084670702	6,348	46,641	SH		SOLE		46,641	0	0
Biogen Idec	COM	09062X103	203	503	SH		SOLE		503	0	0
Boeing	COM	097023105	30,927	222,949	SH		SOLE		222,949	0	0
Bristol-Myers Squibb	COM	110122108	5,437	81,713	SH		SOLE		81,713	0	0
Brunswick	COM	117043109	31,892	627,055	SH		SOLE		627,055	0	0
CF Industries Holdings	COM	125269100	22,333	347,436	SH		SOLE		347,436	0	0
CME Group	COM	12572Q105	1,442	15,500	SH		SOLE		15,500	0	0
CMS Energy	COM	125896100	283	8,900	SH		SOLE		8,900	0	0
CSX	COM	126408103	669	20,500	SH		SOLE		20,500	0	0
CVS Health	COM	126650100	47,999	457,653	SH		SOLE		457,653	0	0
Capital One Financial	COM	14040H105	2,302	26,170	SH		SOLE		26,170	0	0
Cardinal Health	COM	14149Y108	23,905	285,775	SH		SOLE		285,775	0	0
Casey's General Stores	COM	147528103	763	7,970	SH		SOLE		7,970	0	0
Caterpillar	COM	149123101	3,624	42,731	SH		SOLE		42,731	0	0
Celgene Corp	COM	151020104	760	6,567	SH		SOLE		6,567	0	0
Chevron Corp	COM	166764100	26,746	277,246	SH		SOLE		277,246	0	0
Chubb Corp	COM	171232101	2,317	24,349	SH		SOLE		24,349	0	0
Cigna	COM	125509109	259	1,600	SH		SOLE		1,600	0	0
Cisco Systems	COM	17275R102	34,247	1,247,164	SH		SOLE		1,247,164	0	0
Citigroup	COM	172967424	2,287	41,394	SH		SOLE		41,394	0	0
Coca-Cola	COM	191216100	1,393	35,506	SH		SOLE		35,506	0	0
Colgate-Palmolive	COM	194162103	475	7,262	SH		SOLE		7,262	0	0
Comcast Cl A	COM	20030N101	1,423	23,658	SH		SOLE		23,658	0	0
Conagra Foods	COM	205887102	276	6,302	SH		SOLE		6,302	0	0
ConocoPhillips	COM	20825C104	5,774	94,027	SH		SOLE		94,027	0	0
Consolidated Edison	COM	209115104	579	10,000	SH		SOLE		10,000	0	0
Consumer Discretionary Selt	COM	81369y407	287	3,749	SH		SOLE		3,749	0	0
Cooper Companies	COM	216648402	314	1,765	SH		SOLE		1,765	0	0
Corning	COM	219350105	375	19,025	SH		SOLE		19,025	0	0
Costco Wholesale Corp	COM	22160k105	1,687	12,490	SH		SOLE		12,490	0	0
DaVita HealthCare Partners	COM	23918K108	421	5,300	SH		SOLE		5,300	0	0
Deere & Company	COM	244199105	786	8,100	SH		SOLE		8,100	0	0
Devon Energy	COM	25179M103	350	5,879	SH		SOLE		5,879	0	0
Discover Financial Services	COM	254709108	25,524	442,971	SH		SOLE		442,971	0	0
Disney Walt	COM	254687106	3,014	26,402	SH		SOLE		26,402	0	0
Dominion Resources VA	COM	25746U109	287	4,295	SH		SOLE		4,295	0	0
Domino's Pizza	COM	25754A201	307	2,710	SH		SOLE		2,710	0	0
Dow Chemical	COM	260543103	521	10,184	SH		SOLE		10,184	0	0
Dr. Pepper Snapple Group	COM	26138E109	261	3,575	SH		SOLE		3,575	0	0
Du Pont	COM	263534109	5,177	80,951	SH		SOLE		80,951	0	0
Duke Energy	COM	26441C204	288	4,075	SH		SOLE		4,075	0	0
Dun & Bradstreet	COM	26483E100	401	3,285	SH		SOLE		3,285	0	0
EMC Corp/Mass	COM	268648102	19,037	721,382	SH		SOLE		721,382	0	0
East West Bancorp Inc	COM	27579R104	29,273	653,114	SH		SOLE		653,114	0	0
Eaton Corp PLC	COM	g29183103	18,977	281,181	SH		SOLE		281,181	0	0
Edwards Lifesciences CP	COM	28176E108	721	5,060	SH		SOLE		5,060	0	0
Eli Lilly	COM	532457108	2,534	30,354	SH		SOLE		30,354	0	0
Emerson Electric	COM	291011104	249	4,500	SH		SOLE		4,500	0	0
Enterprise Products	COM	293792107	273	9,128	SH		SOLE		9,128	0	0
Express Scripts Holding Compan	COM	30219G108	22,287	250,583	SH		SOLE		250,583	0	0
Extra Space Storage Inc.	COM	30225t102	12,244	187,733	SH		SOLE		187,733	0	0
Exxon Mobil	COM	30231G102	14,411	173,213	SH		SOLE		173,213	0	0
FMC	COM	302491303	717	13,650	SH		SOLE		13,650	0	0
FedEx Corp	COM	31428X106	29,235	171,568	SH		SOLE		171,568	0	0
Financial Select Sector SPDR	COM	81369y605	780	31,999	SH		SOLE		31,999	0	0
Foot Locker	COM	344849104	25,712	383,701	SH		SOLE		383,701	0	0
Ford Motor	COM	345370860	166	11,079	SH		SOLE		11,079	0	0
Fortune Brands Home & Security	COM	34964C106	278	6,077	SH		SOLE		6,077	0	0
Franklin Resources	COM	354613101	3,894	79,420	SH		SOLE		79,420	0	0
General Dynamics	COM	369550108	1,513	10,680	SH		SOLE		10,680	0	0
General Electric	COM	369604103	9,770	367,692	SH		SOLE		367,692	0	0
General Mills	COM	370334104	2,709	48,612	SH		SOLE		48,612	0	0
Gilead Sciences	COM	375558103	44,998	384,339	SH		SOLE		384,339	0	0
Goldman Sachs Group	COM	38141G104	371	1,778	SH		SOLE		1,778	0	0
Google Class A	COM	38259P508	26,703	49,446	SH		SOLE		49,446	0	0
Google Class C	COM	38259P706	2,095	4,025	SH		SOLE		4,025	0	0
Harley-Davidson	COM	412822108	1,015	18,014	SH		SOLE		18,014	0	0
Health Care Select Sector SPDR	COM	81369y209	1,079	14,508	SH		SOLE		14,508	0	0
Hess	COM	42809H107	12,217	182,664	SH		SOLE		182,664	0	0
Hewlett-Packard	COM	428236103	345	11,507	SH		SOLE		11,507	0	0
Home Depot	COM	437076102	28,626	257,589	SH		SOLE		257,589	0	0
Honeywell International Inc	COM	438516106	1,652	16,198	SH		SOLE		16,198	0	0
Humana	COM	444859102	4,282	22,386	SH		SOLE		22,386	0	0
Industrial Select Sector SPDR	COM	81369Y704	1,640	30,341	SH		SOLE		30,341	0	0
Ingersoll Rand	COM	G47791101	1,246	18,480	SH		SOLE		18,480	0	0
Ingredion	COM	457187102	2,296	28,765	SH		SOLE		28,765	0	0
Intel	COM	458140100	5,929	194,952	SH		SOLE		194,952	0	0
International Business Machine	COM	459200101	6,063	37,274	SH		SOLE		37,274	0	0
International Paper	COM	460146103	2,039	42,850	SH		SOLE		42,850	0	0
Intuit	COM	461202103	1,912	18,970	SH		SOLE		18,970	0	0
Invesco LTD	COM	g491bt108	18,759	500,384	SH		SOLE		500,384	0	0
JPMorgan Chase and Company	COM	46625H100	6,775	99,980	SH		SOLE		99,980	0	0
Jarden	COM	471109108	20,213	390,596	SH		SOLE		390,596	0	0
Johnson & Johnson	COM	478160104	8,869	90,998	SH		SOLE		90,998	0	0
Jones Lang Lasalle Inc	COM	48020Q107	20,589	120,405	SH		SOLE		120,405	0	0
Kimberly Clark	COM	494368103	6,779	63,975	SH		SOLE		63,975	0	0
Kraft Foods Group Inc.	COM	50076q106	301	3,532	SH		SOLE		3,532	0	0
Kroger Foods	COM	501044101	238	3,279	SH		SOLE		3,279	0	0
L Brands	COM	501797104	750	8,752	SH		SOLE		8,752	0	0
Las Vegas Sands	COM	517834107	719	13,670	SH		SOLE		13,670	0	0
Lear Corp	COM	521865204	1,345	11,979	SH		SOLE		11,979	0	0
Lockheed Martin	COM	539830109	369	1,985	SH		SOLE		1,985	0	0
MDU Resources Group	COM	552690109	321	16,460	SH		SOLE		16,460	0	0
Macquarie Infrastructure Compa	COM	55608B105	202	2,444	SH		SOLE		2,444	0	0
Magna International Cl A	COM	559222401	409	7,300	SH		SOLE		7,300	0	0
Magnum Hunter Resources Corp	COM	55973B102	112	60,000	SH		SOLE		60,000	0	0
Marathon Oil	COM	565849106	266	10,038	SH		SOLE		10,038	0	0
Marathon Petroleum	COM	56585A102	554	10,584	SH		SOLE		10,584	0	0
Marsh & McLennan	COM	571748102	473	8,350	SH		SOLE		8,350	0	0
Mastercard Cl A	COM	57636Q104	1,553	16,615	SH		SOLE		16,615	0	0
McDonalds	COM	580135101	3,565	37,503	SH		SOLE		37,503	0	0
McGraw-Hill Financial	COM	580645109	362	3,600	SH		SOLE		3,600	0	0
McKesson	COM	58155Q103	591	2,627	SH		SOLE		2,627	0	0
Medtronic PLC	COM	G5960L103	33,025	445,688	SH		SOLE		445,688	0	0
Merck	COM	58933Y105	27,187	477,558	SH		SOLE		477,558	0	0
MetLife	COM	59156R108	283	5,046	SH		SOLE		5,046	0	0
Microsoft	COM	594918104	22,569	511,191	SH		SOLE		511,191	0	0
Mondelez International	COM	609207105	410	9,961	SH		SOLE		9,961	0	0
Monsanto	COM	61166W101	1,029	9,653	SH		SOLE		9,653	0	0
Moody's Corporation	COM	615369105	950	8,800	SH		SOLE		8,800	0	0
Morgan Stanley	COM	617446448	1,364	35,160	SH		SOLE		35,160	0	0
Motorola Solutions	COM	620076307	240	4,186	SH		SOLE		4,186	0	0
Murphy USA Inc.	COM	626755102	10,376	185,892	SH		SOLE		185,892	0	0
Nextera Energy Inc	COM	65339F101	2,365	24,128	SH		SOLE		24,128	0	0
Nike	COM	654106103	3,745	34,671	SH		SOLE		34,671	0	0
Noble Energy	COM	655044105	15,092	353,605	SH		SOLE		353,605	0	0
Nordstrom	COM	655664100	827	11,098	SH		SOLE		11,098	0	0
Norfolk Southern	COM	655844108	258	2,952	SH		SOLE		2,952	0	0
Occidental Petroleum	COM	674599105	33,240	427,414	SH		SOLE		427,414	0	0
Oceaneering Intl	COM	675232102	17,802	382,098	SH		SOLE		382,098	0	0
Oracle Corporation	COM	68389X105	564	13,994	SH		SOLE		13,994	0	0
PNC Financial Services Group	COM	693475105	3,213	33,594	SH		SOLE		33,594	0	0
PPG Industries	COM	693506107	1,870	16,300	SH		SOLE		16,300	0	0
Pepsico	COM	713448108	33,013	353,685	SH		SOLE		353,685	0	0
Permian Basin Rty Trust	COM	714236106	129	16,000	SH		SOLE		16,000	0	0
Pfizer	COM	717081103	5,754	171,619	SH		SOLE		171,619	0	0
Philip Morris International In	COM	718172109	2,553	31,840	SH		SOLE		31,840	0	0
Phillips 66	COM	718546104	3,404	42,253	SH		SOLE		42,253	0	0
Portland General Electric Co	COM	736508847	14,487	436,872	SH		SOLE		436,872	0	0
Praxair	COM	74005P104	270	2,257	SH		SOLE		2,257	0	0
Precision Castparts	COM	740189105	723	3,619	SH		SOLE		3,619	0	0
Primeenergy Corp	COM	74158E104	316	5,750	SH		SOLE		5,750	0	0
Principal Financial Group	COM	74251V102	19,849	386,986	SH		SOLE		386,986	0	0
Procter And Gamble	COM	742718109	7,043	90,021	SH		SOLE		90,021	0	0
Prudential Financial Inc	COM	744320102	252	2,879	SH		SOLE		2,879	0	0
Public Svc Enterprise Group	COM	744573106	728	18,543	SH		SOLE		18,543	0	0
Qualcomm	COM	747525103	942	15,046	SH		SOLE		15,046	0	0
Quest Diagnostics	COM	74834L100	283	3,900	SH		SOLE		3,900	0	0
Raytheon	COM	755111507	18,671	195,136	SH		SOLE		195,136	0	0
Robert Half	COM	770323103	11,962	215,533	SH		SOLE		215,533	0	0
SM Energy Co	COM	78454L100	14,391	312,023	SH		SOLE		312,023	0	0
Schlumberger	COM	806857108	2,014	23,363	SH		SOLE		23,363	0	0
Sherwin-Williams	COM	824348106	220	800	SH		SOLE		800	0	0
StanCorp Financial Group	COM	852891100	298	3,937	SH		SOLE		3,937	0	0
Starbucks Coffee	COM	855244109	1,975	36,832	SH		SOLE		36,832	0	0
Stryker	COM	863667101	16,076	168,213	SH		SOLE		168,213	0	0
Superior Energy Services Inc	COM	868157108	18,532	880,780	SH		SOLE		880,780	0	0
Synaptics Inc	COM	87157D109	1,138	13,115	SH		SOLE		13,115	0	0
Synchrony Financial	COM	87165B103	22,222	674,830	SH		SOLE		674,830	0	0
TE Connectivity LTD	COM	H84989104	23,481	365,175	SH		SOLE		365,175	0	0
TJX Companies	COM	872540109	18,850	284,876	SH		SOLE		284,876	0	0
Technology Select Sect SPDR	COM	81369y803	1,246	30,085	SH		SOLE		30,085	0	0
Teledyne Technologies Inc	COM	879360105	369	3,500	SH		SOLE		3,500	0	0
Texas Instruments	COM	882508104	26,771	519,729	SH		SOLE		519,729	0	0
Thermo Fisher Scientific	COM	883556102	359	2,766	SH		SOLE		2,766	0	0
Time Warner Companies	COM	887317303	43,362	496,076	SH		SOLE		496,076	0	0
Travelers Companies	COM	89417E109	1,369	14,159	SH		SOLE		14,159	0	0
Tyson Foods, Inc Cl A	COM	902494103	20,574	482,616	SH		SOLE		482,616	0	0
US Bancorp	COM	902973304	4,610	106,213	SH		SOLE		106,213	0	0
Umpqua Holdings	COM	904214103	569	31,632	SH		SOLE		31,632	0	0
Union Pacific	COM	907818108	4,485	47,026	SH		SOLE		47,026	0	0
United Parcel Service CL B	COM	911312106	407	4,201	SH		SOLE		4,201	0	0
United Rentals Inc	COM	911363109	12,360	141,060	SH		SOLE		141,060	0	0
United Technologies	COM	913017109	7,030	63,376	SH		SOLE		63,376	0	0
UnitedHealth Group	COM	91324P102	21,429	175,650	SH		SOLE		175,650	0	0
Valero Energy	COM	91913Y100	230	3,680	SH		SOLE		3,680	0	0
Verizon Communications	COM	92343V104	3,066	65,779	SH		SOLE		65,779	0	0
Viacom Inc Cl- B	COM	92553P201	284	4,401	SH		SOLE		4,401	0	0
Visa Inc	COM	92826C839	37,606	560,025	SH		SOLE		560,025	0	0
Wal Mart Stores	COM	931142103	1,377	19,418	SH		SOLE		19,418	0	0
Walgreens Boots Alliance Inc	COM	931427108	433	5,133	SH		SOLE		5,133	0	0
Wells Fargo	COM	949746101	27,711	492,720	SH		SOLE		492,720	0	0
Weyerhaeuser	COM	962166104	208	6,612	SH		SOLE		6,612	0	0
Williams Companies	COM	969457100	229	3,990	SH		SOLE		3,990	0	0
Zimmer Biomet Holdings Inc	COM	98956P102	613	5,612	SH		SOLE		5,612	0	0
iShares U.S. Financials ETF	COM	464287788	254	2,830	SH		SOLE		2,830	0	0
3M Company	COM	88579Y101	452	2,932	SH		SOLE		2,932	0	0
AT & T	COM	00206R102	6,635	186,790	SH		SOLE		186,790	0	0
AbbVie Inc	COM	00287Y109	13,766	204,884	SH		SOLE		204,884	0	0
Altria Group	COM	02209S103	17,679	361,467	SH		SOLE		361,467	0	0
Ameren	COM	023608102	6,842	181,572	SH		SOLE		181,572	0	0
American Express	COM	025816109	216	2,780	SH		SOLE		2,780	0	0
Ameriprise Financial	COM	03076C106	13,777	110,275	SH		SOLE		110,275	0	0
Analog Devices	COM	032654105	576	8,972	SH		SOLE		8,972	0	0
Apple Inc	COM	037833100	13,876	110,629	SH		SOLE		110,629	0	0
Arthur J. Gallagher & Co	COM	363576109	9,472	200,254	SH		SOLE		200,254	0	0
BB&T Corporation	COM	054937107	13,975	346,689	SH		SOLE		346,689	0	0
BCE Inc	COM	05534B760	3,618	85,140	SH		SOLE		85,140	0	0
Bank of Montreal	COM	063671101	4,566	77,019	SH		SOLE		77,019	0	0
Baxter International	COM	071813109	769	11,002	SH		SOLE		11,002	0	0
Berkshire Hathaway Class B	COM	084670702	593	4,354	SH		SOLE		4,354	0	0
BlackRock	COM	09247x101	13,585	39,266	SH		SOLE		39,266	0	0
Bristol-Myers Squibb	COM	110122108	13,760	206,794	SH		SOLE		206,794	0	0
CMS Energy	COM	125896100	5,890	184,994	SH		SOLE		184,994	0	0
Caterpillar	COM	149123101	280	3,302	SH		SOLE		3,302	0	0
CenterPoint Energy	COM	15189T107	5,809	305,229	SH		SOLE		305,229	0	0
Chevron Corp	COM	166764100	10,942	113,426	SH		SOLE		113,426	0	0
Cisco Systems	COM	17275R102	12,998	473,354	SH		SOLE		473,354	0	0
Comcast Cl A	COM	20030N101	586	9,752	SH		SOLE		9,752	0	0
ConocoPhillips	COM	20825C104	471	7,672	SH		SOLE		7,672	0	0
Cracker Barrel Old Country Sto	COM	22410J106	7,826	52,470	SH		SOLE		52,470	0	0
Diageo	COM	25243q205	746	6,429	SH		SOLE		6,429	0	0
Dow Chemical	COM	260543103	5,718	111,745	SH		SOLE		111,745	0	0
Dr. Pepper Snapple Group	COM	26138E109	204	2,802	SH		SOLE		2,802	0	0
Du Pont	COM	263534109	5,149	80,521	SH		SOLE		80,521	0	0
Eaton Corp PLC	COM	g29183103	5,230	77,497	SH		SOLE		77,497	0	0
Eli Lilly	COM	532457108	4,601	55,110	SH		SOLE		55,110	0	0
Ensco PLC	COM	G3157S106	362	16,277	SH		SOLE		16,277	0	0
Exxon Mobil	COM	30231G102	1,127	13,547	SH		SOLE		13,547	0	0
Fifth Third Bancorp	COM	316773100	631	30,323	SH		SOLE		30,323	0	0
Fiserv	COM	337738108	378	4,558	SH		SOLE		4,558	0	0
General Electric	COM	369604103	9,852	370,776	SH		SOLE		370,776	0	0
H & R Block	COM	093671105	599	20,188	SH		SOLE		20,188	0	0
Health Care Select Sector SPDR	COM	81369y209	301	4,040	SH		SOLE		4,040	0	0
Home Depot	COM	437076102	497	4,475	SH		SOLE		4,475	0	0
Honeywell International Inc	COM	438516106	11,479	112,577	SH		SOLE		112,577	0	0
Huntington Bancshares Inc	COM	446150104	10,803	955,129	SH		SOLE		955,129	0	0
Intel	COM	458140100	2,181	71,702	SH		SOLE		71,702	0	0
JPMorgan Chase and Company	COM	46625H100	9,059	133,687	SH		SOLE		133,687	0	0
Johnson & Johnson	COM	478160104	456	4,674	SH		SOLE		4,674	0	0
Kimberly Clark	COM	494368103	446	4,210	SH		SOLE		4,210	0	0
L Brands	COM	501797104	6,354	74,121	SH		SOLE		74,121	0	0
Lazard Ltd Cl A	COM	G54050102	3,216	57,180	SH		SOLE		57,180	0	0
Leggett & Platt	COM	524660107	5,613	115,305	SH		SOLE		115,305	0	0
M&T Bank	COM	55261F104	7,558	60,496	SH		SOLE		60,496	0	0
Mattel	COM	577081102	218	8,490	SH		SOLE		8,490	0	0
McDonalds	COM	580135101	1,094	11,511	SH		SOLE		11,511	0	0
Medtronic PLC	COM	G5960L103	322	4,351	SH		SOLE		4,351	0	0
Merck	COM	58933Y105	12,042	211,518	SH		SOLE		211,518	0	0
MetLife	COM	59156R108	7,897	141,048	SH		SOLE		141,048	0	0
Microsoft	COM	594918104	688	15,592	SH		SOLE		15,592	0	0
Nike	COM	654106103	294	2,721	SH		SOLE		2,721	0	0
Occidental Petroleum	COM	674599105	16,093	206,935	SH		SOLE		206,935	0	0
Oceaneering Intl	COM	675232102	5,006	107,452	SH		SOLE		107,452	0	0
Oneok Partners LP	COM	68268N103	597	17,558	SH		SOLE		17,558	0	0
Pepsico	COM	713448108	4,043	43,320	SH		SOLE		43,320	0	0
Pfizer	COM	717081103	8,606	256,651	SH		SOLE		256,651	0	0
Philip Morris International In	COM	718172109	366	4,570	SH		SOLE		4,570	0	0
Phillips 66	COM	718546104	357	4,431	SH		SOLE		4,431	0	0
Procter And Gamble	COM	742718109	590	7,536	SH		SOLE		7,536	0	0
Prudential Financial Inc	COM	744320102	6,521	74,510	SH		SOLE		74,510	0	0
Raytheon	COM	755111507	7,846	82,003	SH		SOLE		82,003	0	0
SPDR S&P Dividend ETF	COM	78464a763	667	8,754	SH		SOLE		8,754	0	0
Simon Property Group	COM	828806109	6,541	37,805	SH		SOLE		37,805	0	0
Six Flags Entertainment Corp	COM	83001A102	6,991	155,880	SH		SOLE		155,880	0	0
Starbucks Coffee	COM	855244109	220	4,109	SH		SOLE		4,109	0	0
Starwood Property Trust	COM	85571B105	5,415	251,040	SH		SOLE		251,040	0	0
Texas Instruments	COM	882508104	7,009	136,080	SH		SOLE		136,080	0	0
Total S.A. - Spon ADR	COM	89151E109	11,386	231,556	SH		SOLE		231,556	0	0
Travelers Companies	COM	89417E109	1,942	20,088	SH		SOLE		20,088	0	0
US Bancorp	COM	902973304	937	21,597	SH		SOLE		21,597	0	0
Union Pacific	COM	907818108	219	2,300	SH		SOLE		2,300	0	0
Utilities Select Sector SPDR	COM	81369y886	290	7,000	SH		SOLE		7,000	0	0
Verizon Communications	COM	92343V104	322	6,916	SH		SOLE		6,916	0	0
Wells Fargo	COM	949746101	370	6,587	SH		SOLE		6,587	0	0
iShares Russell 1000 Value ETF	COM	464287598	421	4,080	SH		SOLE		4,080	0	0
iShares Select Dividend ETF	COM	464287168	1,910	25,413	SH		SOLE		25,413	0	0
Powershares QQQ Trust Nasdaq 1	COM	73935A104	278	2,596	SH		SOLE		2,596	0	0
SPDR S&P 500 ETF Trust	COM	78462F103	989	4,804	SH		SOLE		4,804	0	0
SPDR S&P Dividend ETF	COM	78464A763	419	5,500	SH		SOLE		5,500	0	0
SPDR S&P MidCap 400 ETF Trust	COM	78467Y107	240	878	SH		SOLE		878	0	0
Vanguard Dvd Appreciation ETF	COM	921908844	594	7,555	SH		SOLE		7,555	0	0
iShares Core S&P 500 ETF	COM	464287200	39,719	191,676	SH		SOLE		191,676	0	0
iShares Russell 1000 ETF	COM	464287622	630	5,432	SH		SOLE		5,432	0	0
iShares Russell 3000 ETF	COM	464287689	255	2,053	SH		SOLE		2,053	0	0
iShares Select Dividend ETF	COM	464287168	1,082	14,398	SH		SOLE		14,398	0	0
iShares Core S&P Midcap ETF	COM	464287507	2,699	17,997	SH		SOLE		17,997	0	0
iShares S&P Mid-Cap 400 Growth	COM	464287606	237	1,399	SH		SOLE		1,399	0	0
Marriott Vacations Worldwide C	COM	57164Y107	225	2,452	SH		SOLE		2,452	0	0
iShares Core S&P Sm Cap ETF	COM	464287804	5,525	46,868	SH		SOLE		46,868	0	0
iShares Russell 2000 ETF	COM	464287655	47,124	377,411	SH		SOLE		377,411	0	0
Du Pont Nemours Pfd Series B	COM	263534307	249	2,500	SH		SOLE		2,500	0	0
Kimco Realty Corp 6% Pfd Ser I	COM	49446R794	232	9,400	SH		SOLE		9,400	0	0
Met Life 6.500% Ser B	COM	59156R603	290	11,600	SH		SOLE		11,600	0	0
AXA-UAP Spons ADR	COM	054536107	8,854	350,667	SH		SOLE		350,667	0	0
Aegon N.V. - Amer Reg Shrs	COM	007924103	150	20,303	SH		SOLE		20,303	0	0
Air Liquide - SA	COM	009126202	6,177	243,177	SH		SOLE		243,177	0	0
Airbus Group NV ADR	COM	009279100	284	17,480	SH		SOLE		17,480	0	0
Anheuser Busch	COM	03524A108	332	2,751	SH		SOLE		2,751	0	0
Asahi Kasei	COM	043400100	239	14,570	SH		SOLE		14,570	0	0
Avago Tech LTD	COM	Y0486S104	12,927	97,247	SH		SOLE		97,247	0	0
BASF SE	COM	055262505	455	5,137	SH		SOLE		5,137	0	0
BP PLC	COM	055622104	341	8,545	SH		SOLE		8,545	0	0
Bayer AG-ADR	COM	072730302	11,394	80,819	SH		SOLE		80,819	0	0
Bayerische Motoren Werke A ADR	COM	072743206	5,659	154,079	SH		SOLE		154,079	0	0
CK Hutchison Holdings Ltd ADR	COM	12562Y100	11,605	500,446	SH		SOLE		500,446	0	0
Canadian Natl Railway	COM	136375102	4,392	76,050	SH		SOLE		76,050	0	0
Checkpoint Software	COM	m22465104	10,039	126,202	SH		SOLE		126,202	0	0
DBS Group Holdings ADR	COM	23304Y100	9,507	154,360	SH		SOLE		154,360	0	0
Danske Bank A/S Spons ADR	COM	236363107	9,725	662,480	SH		SOLE		662,480	0	0
GlaxoSmithKline plc ADR	COM	37733W105	381	9,141	SH		SOLE		9,141	0	0
HSBC Holdings PLC-Spons ADR	COM	404280406	218	4,861	SH		SOLE		4,861	0	0
Imperial Tobacco Group PLC ADS	COM	453142101	4,833	50,085	SH		SOLE		50,085	0	0
Intercontinental Hotels ADR	COM	45857P509	6,585	162,745	SH		SOLE		162,745	0	0
Lloyds Banking Group PLC	COM	539439109	10,178	1,874,317	SH		SOLE		1,874,317	0	0
MTN Group Limited	COM	62474M108	7,216	385,071	SH		SOLE		385,071	0	0
Mitsubishi UFJ Finan-ADR	COM	606822104	5,241	725,950	SH		SOLE		725,950	0	0
NXP Semiconductors NV	COM	N6596X109	13,465	137,115	SH		SOLE		137,115	0	0
Nestle S A Rep Rg Sh ADR	COM	641069406	1,064	14,739	SH		SOLE		14,739	0	0
Nippon Telegraph & Telephone A	COM	654624105	11,102	305,925	SH		SOLE		305,925	0	0
Norsk Hydro AS	COM	656531605	2,616	630,250	SH		SOLE		630,250	0	0
Novartis AG	COM	66987v109	931	9,464	SH		SOLE		9,464	0	0
Otis Gold Corporation	COM	689007102	0	10,000	SH		SOLE		10,000	0	0
Panasonic	COM	69832a205	7,915	576,865	SH		SOLE		576,865	0	0
Precision Drilling Corporation	COM	74022D308	2,772	412,505	SH		SOLE		412,505	0	0
Prudential PLC ADR	COM	74435K204	9,294	191,398	SH		SOLE		191,398	0	0
Roche Holdings Ltd Spon ADR	COM	771195104	9,628	274,542	SH		SOLE		274,542	0	0
Royal Dutch Shell PLC A	COM	780259206	1,830	32,097	SH		SOLE		32,097	0	0
Ryanair Holdings PLC ADR	COM	783513104	4,788	67,108	SH		SOLE		67,108	0	0
Seven and I Holdings Ltd	COM	81783H105	8,303	386,532	SH		SOLE		386,532	0	0
Smith & Nephew PLC - Spon ADR	COM	83175M205	7,309	215,289	SH		SOLE		215,289	0	0
Stora Enso Oyj	COM	86210M106	597	58,076	SH		SOLE		58,076	0	0
Sumitomo Mitsui Financial Grou	COM	86562M209	405	45,547	SH		SOLE		45,547	0	0
Sun Hung Kai Properties Ltd Sp	COM	86676H302	5,796	356,235	SH		SOLE		356,235	0	0
Suncor Energy	COM	867224107	6,897	250,611	SH		SOLE		250,611	0	0
Tata Motors LTD	COM	876568502	4,000	116,052	SH		SOLE		116,052	0	0
Toronto Dominion Bank	COM	891160509	4,542	106,854	SH		SOLE		106,854	0	0
Total S.A. - Spon ADR	COM	89151E109	5,685	115,614	SH		SOLE		115,614	0	0
Toyota Motor Corp	COM	892331307	4,478	33,479	SH		SOLE		33,479	0	0
Unilever NV New York Shrs	COM	904784709	1,334	31,884	SH		SOLE		31,884	0	0
Vodafone Group PLC ADR	COM	92857W308	293	8,048	SH		SOLE		8,048	0	0
Wisdomtree Japan Hedged	COM	97717W851	8,041	140,578	SH		SOLE		140,578	0	0
Yara International ASA	COM	984851204	5,161	99,155	SH		SOLE		99,155	0	0
iShares Europe ETF	COM	464287861	201	4,600	SH		SOLE		4,600	0	0
iShares MSCI Canada ETF	COM	464286509	545	20,441	SH		SOLE		20,441	0	0
iShares MSCI EMU ETF	COM	464286608	1,224	32,609	SH		SOLE		32,609	0	0
iShares MSCI Japan ETF	COM	464286848	413	32,241	SH		SOLE		32,241	0	0
iShares MSCI Pacific ex Japan	COM	464286665	527	12,145	SH		SOLE		12,145	0	0
iShares MSCI United Kingdom In	COM	46434V548	484	26,499	SH		SOLE		26,499	0	0
Vanguard FTSE Developed Market	COM	921943858	245	6,183	SH		SOLE		6,183	0	0
Vanguard FTSE Emerging Market	COM	922042858	6,912	169,092	SH		SOLE		169,092	0	0
iShares MSCI ACWI ex-US Index	COM	464288240	2,128	48,157	SH		SOLE		48,157	0	0
iShares MSCI EAFE ETF	COM	464287465	10,205	160,740	SH		SOLE		160,740	0	0
iShares MSCI EAFE Small Cap in	COM	464288273	784	15,357	SH		SOLE		15,357	0	0
American Tower Corp	COM	03027X100	2,799	29,998	SH		SOLE		29,998	0	0
Boston Properties	COM	101121101	2,141	17,689	SH		SOLE		17,689	0	0
Columbia Property Trust Inc.	COM	198287203	1,534	62,490	SH		SOLE		62,490	0	0
Essex Property Trust	COM	297178105	3,999	18,820	SH		SOLE		18,820	0	0
Forest City Enterprises A	COM	345550107	3,242	146,685	SH		SOLE		146,685	0	0
Health Care REIT	COM	42217K106	2,613	39,814	SH		SOLE		39,814	0	0
Kimco Realty	COM	49446r109	2,382	105,689	SH		SOLE		105,689	0	0
Prologis Inc	COM	74340w103	1,607	43,316	SH		SOLE		43,316	0	0
Rayonier	COM	754907103	1,091	42,683	SH		SOLE		42,683	0	0
Schwab US REIT ETF	COM	808524847	3,384	93,179	SH		SOLE		93,179	0	0
Simon Property Group	COM	828806109	4,303	24,869	SH		SOLE		24,869	0	0
Sovran Self Storage Inc.	COM	84610H108	2,295	26,411	SH		SOLE		26,411	0	0
UDR Inc	COM	902653104	2,446	76,361	SH		SOLE		76,361	0	0
Vanguard REIT VIPERs ETF	COM	922908553	680	9,100	SH		SOLE		9,100	0	0
WP Glimcher	COM	92939N102	1,181	87,319	SH		SOLE		87,319	0	0
Weyerhaeuser	COM	962166104	1,888	59,944	SH		SOLE		59,944	0	0
Wyndham Worldwide Corp	COM	98310w108	2,170	26,492	SH		SOLE		26,492	0	0
iShares Cohen & Steers REIT ET	COM	464287564	4,972	55,483	SH		SOLE		55,483	0	0
iShares U.S. Real Estate ETF	COM	464287739	500	7,011	SH		SOLE		7,011	0	0