-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AQuphTccRr9XL/HRRihSMjhPEilCHmCu1Fbeet8FXkjgTgGOpO8aqIDGwyjQEdpy tiXgMMb/LV6wz/e8FdH0DA== 0000763910-09-000004.txt : 20091105 0000763910-09-000004.hdr.sgml : 20091105 20091105111135 ACCESSION NUMBER: 0000763910-09-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090930 FILED AS OF DATE: 20091105 DATE AS OF CHANGE: 20091105 EFFECTIVENESS DATE: 20091105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STRATTON MANAGEMENT CO CENTRAL INDEX KEY: 0000763910 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-01484 FILM NUMBER: 091160098 BUSINESS ADDRESS: STREET 1: 610 W GERMANTOWN PIKE STREET 2: STE 300 CITY: PLYMOUTH MEETING STATE: PA ZIP: 19462 BUSINESS PHONE: 6109410888 MAIL ADDRESS: STREET 1: 610 W GERMANTOWN PIKE STREET 2: STE 300 CITY: PLYMOUTH MEETING STATE: PA ZIP: 19462 13F-HR 1 inftable.txt STRATTON MANAGEMENT 13F-HR AS OF 12/31/08 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AMB PROPERTY CORP COM 00163T109 8101 353000 SH SOLE 353000 APARTMENT INVT & MGMT CO COM 03748r101 885 60000 SH SOLE 60000 AVALON BAY COMMUNITIES INC COM 053484101 1469 20200 SH SOLE 20200 BRANDYWINE REALTY TRUST SBI COM 105368203 2429 220000 SH SOLE 220000 CAMDEN PROPERTY TRUST COM 133131102 2821 70000 SH SOLE 70000 COLONIAL PROPERTIES TRUST COM 195872106 192 19725 SH SOLE 19725 DCT INDUSTRIAL TRUST INC COM 233153105 1022 200000 SH SOLE 200000 DEVELOPERS DIVERSIFIED COM 251591103 680 73608 SH SOLE 73608 EASTGROUP PROPERTIES SBI COM 277276101 2752 72000 SH SOLE 72000 EQUITY ONE INC COM 294752100 783 50000 SH SOLE 50000 EQUITY RESIDENTIAL COM 29476L107 1695 55200 SH SOLE 55200 FEDERAL REALTY INV. TRUST COM 313747206 1952 31800 SH SOLE 31800 FELCOR LODGING TRUST INC COM 31430F101 3764 831000 SH SOLE 831000 FIRST INDUSTRIAL REALTY TRUST COM 32054K103 572 109000 SH SOLE 109000 GLIMCHER REALTY COM 379302102 679 185000 SH SOLE 185000 HCP INC COM 40414l109 3197 111232 SH SOLE 111232 HEALTH CARE REIT COM 42217K106 3681 88450 SH SOLE 88450 HEALTHCARE REALTY TRUST COM 421946104 2350 111200 SH SOLE 111200 HIGHWOODS PROPERTIES INC COM 431284108 11404 362600 SH SOLE 362600 HOME PROPERTIES OF NEW YORK COM 437306103 9523 221000 SH SOLE 221000 HOSPITALITY PROPERTIES TRUST COM 44106M102 2715 133300 SH SOLE 133300 LEXINGTON REALTY TRUST COM 529043101 1338 262322 SH SOLE 262322 LIBERTY PROPERTY TRUST COM 531172104 6269 192700 SH SOLE 192700 MACERICH CO COM 554382101 2348 77429 SH SOLE 77429 MACK-CALI REALTY CORP COM 554489104 2425 75000 SH SOLE 75000 MEDICAL PROPERTIES TRUST INC COM 58463j304 11129 1425000 SH SOLE 1425000 MID-AMERICA APARTMENT COMMUNIT COM 59522J103 3385 75000 SH SOLE 75000 NATIONAL HEALTH INVESTORS COM 63633D104 2848 90000 SH SOLE 90000 NATIONAL RETAIL PPTYS INC COM 637417106 3266 152100 SH SOLE 152100 NATIONWIDE HEALTH PROPERTIES COM 638620104 17819 575000 SH SOLE 575000 PENNSYLVANIA REIT COM 709102107 957 125800 SH SOLE 125800 PROLOGIS TRUST COM 743410102 143 12000 SH SOLE 12000 SIMON PROPERTY GROUP INC COM 828806109 4467 64339 SH SOLE 64339 SL GREEN REALTY CORP COM 78440X101 14690 335000 SH SOLE 335000 SUNSTONE HOTEL INVESTORS INC COM 867892101 4032 567820 SH SOLE 567820 UDR INC COM 902653104 3838 243854 SH SOLE 243854 UNIVERSAL HEALTH REALTY INCOME COM 91359E105 2929 90000 SH SOLE 90000 URSTADT BIDDLE PPTYS COM 917286205 1167 80000 SH SOLE 80000 VENTAS INC COM 92276F100 1809 47000 SH SOLE 47000 VORNADO REALTY TRUST COM 929042109 264 4094 SH SOLE 4094 WP CAREY & CO LLC COM 92930Y107 994 35100 SH SOLE 35100 3M COMPANY COM 88579Y101 9805 132859 SH SOLE 132859 A T & T INC COM 00206R102 13081 484299 SH SOLE 484299 AARON'S INC COM 002535201 11867 449500 SH SOLE 449500 ABBOTT LABORATORIES COM 002824100 20713 418703 SH SOLE 418703 ACCENTURE PLC - CL A COM G1151C101 12428 333464 SH SOLE 333464 AFFILIATED MANAGERS GROUP INC COM 008252108 18083 278160 SH SOLE 278160 AFLAC INC COM 001055102 10742 251340 SH SOLE 251340 AGRIUM INC COM 008916108 7217 144940 SH SOLE 144940 AIR PRODUCTS & CHEMICALS INC COM 009158106 12064 155501 SH SOLE 155501 AIRGAS INC COM 009363102 2266 46850 SH SOLE 46850 ALLEGHENY TECHNOLOGIES INC COM 01741R102 522 14932 SH SOLE 14932 ALLERGAN INC COM 018490102 517 9100 SH SOLE 9100 ALLIED CAPITAL CORPORATION COM 01903Q108 106 34525 SH SOLE 34525 ALLSTATE CORPORATION COM 020002101 2494 81461 SH SOLE 81461 ALPHA NATURAL RESOURCES COM 02076x102 4756 135500 SH SOLE 135500 ALTRIA GROUP INC COM 02209S103 1731 97200 SH SOLE 97200 AMEDISYS INC COM 023436108 14841 340167 SH SOLE 340167 AMERICAN CAPITAL LTD COM 02503Y103 48 14804 SH SOLE 14804 AMERICAN ELECTRIC POWER CO COM 025537101 1122 36204 SH SOLE 36204 AMERICAN EXPRESS COM 025816109 358 10575 SH SOLE 10575 AMERICAN ORIENTAL BIOENGINEERI COM 028731107 5832 1200000 SH SOLE 1200000 AMETEK INC COM 031100100 201 5750 SH SOLE 5750 AMGEN COM 031162100 415 6891 SH SOLE 6891 ANADARKO PETROLEUM CORP COM 032511107 9540 152075 SH SOLE 152075 ANGLO PLATINUM LTD - UNSP ADR COM 035078104 6182 70236 SH SOLE 70236 ANIXTER INTERNATIONAL COM 035290105 9494 236700 SH SOLE 236700 AON CORPORATION COM 037389103 804 19756 SH SOLE 19756 APACHE CORP COM 037411105 2489 27105 SH SOLE 27105 APPLE COMPUTER COM 037833100 335 1805 SH SOLE 1805 ARBITRON INCORPORATED COM 03875Q108 2595 125000 SH SOLE 125000 ARCHER DANIELS MIDLAND COM 039483102 7627 261008 SH SOLE 261008 ARGON ST INC COM 040149106 192 10100 SH SOLE 10100 ASTORIA FINL CORP COM COM 046265104 7971 722000 SH SOLE 722000 AUTOMATIC DATA PROCESSING INC COM 053015103 520 13225 SH SOLE 13225 AVISTA CORP COM 05379B107 13042 645000 SH SOLE 645000 AVOCENT CORP COM 053893103 14858 733000 SH SOLE 733000 BANCORP SOUTH INC COM 059692103 10277 421000 SH SOLE 421000 BANK NEW YORK MELLON CORP COM 064058100 230 7922 SH SOLE 7922 BANK OF AMERICA CORP COM 060505104 2336 138080 SH SOLE 138080 BAR HARBOR BANKSHARES COM 066849100 238 7000 SH SOLE 7000 BARRICK GOLD CORP COM COM 067901108 1572 41479 SH SOLE 41479 BAXTER INT'L COM 071813109 1331 23342 SH SOLE 23342 BB&T CORPORATION COM 054937107 211 7740 SH SOLE 7740 BECTON DICKINSON & CO COM 075887109 10388 148925 SH SOLE 148925 BELDEN CDT INC COM 077454106 10732 464600 SH SOLE 464600 BERKSHIRE HATHAWAY INC CLASS B COM 084670207 366 110 SH SOLE 110 BLACK HILLS CORP COM 092113109 808 32100 SH SOLE 32100 BLUE COAT SYSTEMS INCORPORATED COM 09534T508 6122 271000 SH SOLE 271000 BP PLC COM 055622104 9667 181600 SH SOLE 181600 BRISTOL-MYERS SQUIBB COM 110122108 12531 556417 SH SOLE 556417 BUCKEYE PARTNERS L P UNIT LTD COM 118230101 637 13150 SH SOLE 13150 BURLINGTON NORTHERN SANTA FE I COM 12189T104 11061 138555 SH SOLE 138555 CABOT OIL & GAS CORP COM 127097103 10489 293400 SH SOLE 293400 CACI INTERNATIONAL INC - CL A COM 127190304 9454 200000 SH SOLE 200000 CAMPBELL SOUP COM 134429109 2467 75626 SH SOLE 75626 CARRIZO OIL & GAS INC COM 144577103 13959 570000 SH SOLE 570000 CASCADE CORP COM 147195101 4720 176500 SH SOLE 176500 CASEYS GENERAL STORES INC COM 147528103 11382 362700 SH SOLE 362700 CATERPILLAR INC COM 149123101 4667 90921 SH SOLE 90921 CENTRAL FUND OF CANADA COM 153501101 139 10500 SH SOLE 10500 CENTURYTEL INC COM 156700106 2584 76893 SH SOLE 76893 CH ENERGY GROUP INC COM 12541M102 443 10000 SH SOLE 10000 CHESAPEAKE ENERGY CORP COM 165167107 748 26325 SH SOLE 26325 CHEVRON CORP COM 166764100 17111 242950 SH SOLE 242950 CHICAGO BRIDGE AND IRON COMPAN COM 167250109 11554 618500 SH SOLE 618500 CHURCH & DWIGHT INC COM 171340102 5686 100203 SH SOLE 100203 CIGNA CORP COM 125509109 1013 36063 SH SOLE 36063 CISCO SYSTEMS INC COM 17275R102 520 22094 SH SOLE 22094 CITIGROUP INC COM 172967101 79 16266 SH SOLE 16266 COAST DISTRIBUTION SERVICES COM 190345108 47 13000 SH SOLE 13000 COCA-COLA COM 191216100 1256 23383 SH SOLE 23383 COLGATE PALMOLIVE CO COM 194162103 851 11151 SH SOLE 11151 COMMSCOPE COM 203372107 16462 550005 SH SOLE 550005 COMMUNITY BANK SYSTEMS INC COM 203607106 6029 330000 SH SOLE 330000 COMPASS MINERALS INTERNATIONAL COM 20451n101 10167 165000 SH SOLE 165000 CONMED CORP COM 207410101 6537 341000 SH SOLE 341000 CONOCOPHILLIPS COM 20825C104 8197 181505 SH SOLE 181505 CONSOL ENERGY INC COM 20854P109 474 10500 SH SOLE 10500 CONSTELLATION BRANDS INC COM 21036P108 1644 108525 SH SOLE 108525 CORINTHIAN COLLEGES INCORPORAT COM 218868107 7888 425000 SH SOLE 425000 CORNING INC COM 219350105 7651 499770 SH SOLE 499770 COVENTRY HEALTH CARE INC COM 222862104 305 15300 SH SOLE 15300 CRANE CO COM 224399105 10696 414400 SH SOLE 414400 CVS CAREMARK CORP COM 126650100 6974 195135 SH SOLE 195135 DEERE & CO COM 244199105 2535 59060 SH SOLE 59060 DELTA NATURAL GAS COMPANY INC COM 247748106 204 7700 SH SOLE 7700 DEVON ENERGY CORP COM 25179M103 8681 128927 SH SOLE 128927 DIAGEO PLC ADR COM 25243Q205 2160 35125 SH SOLE 35125 DIAMOND OFFSHORE DRILLING INC COM 25271C102 277 2900 SH SOLE 2900 DOMINION RESOURCES INC VA COM 25746U109 3346 96980 SH SOLE 96980 DONEGAL GROUP INC CL A COM 257701201 1342 86900 SH SOLE 86900 DOVER CORP COM 260003108 233 6000 SH SOLE 6000 DU PONT EI DE NEMOURS COM 263534109 3111 96789 SH SOLE 96789 DUKE ENERGY CO COM 26441c105 11543 733350 SH SOLE 733350 DYNEGY INC COM 26817G102 2575 1010000 SH SOLE 1010000 EATON CORP COM 278058102 690 12200 SH SOLE 12200 EDGEWOOD LARGE CAP GROWTH COM 5089 4972705 SH SOLE 4972705 EL PASO ELECTRIC CO COM 283677854 11291 639000 SH SOLE 639000 ELI LILLY CO COM 532457108 2868 86844 SH SOLE 86844 EMERSON ELECTRIC COM 291011104 6150 153442 SH SOLE 153442 ENERGEN CORP COM 29265N108 1914 44400 SH SOLE 44400 ENERPLUS RESOURCES FUND COM 29274D604 1774 77500 SH SOLE 77500 ENERSYS COM 29275Y102 6882 311100 SH SOLE 311100 ENSCO INTERNATIONAL INC COM 26874Q100 1443 33910 SH SOLE 33910 ENTERGY CORP COM 29364G103 1038 13000 SH SOLE 13000 EOG RESOURCES INC COM 26875P101 689 8250 SH SOLE 8250 EUROSEAS LTD COM Y23592200 1978 460000 SH SOLE 460000 EXELON CORP COM 30161N101 1195 24074 SH SOLE 24074 EXXON MOBIL CORPORATION COM 30231G102 81594 1189243 SH SOLE 1189243 FAMILY DOLLAR STORES COM 307000109 594 22500 SH SOLE 22500 FEDEX CORPORATION COM 31428X106 327 4350 SH SOLE 4350 FIRST MIDWEST BANCORP INC COM 320867104 8613 764200 SH SOLE 764200 FIRST NIAGRA FINANCIAL GRP COM 33582v108 7114 577000 SH SOLE 577000 FORTUNE BRANDS INC COM 349631101 417 9704 SH SOLE 9704 FPL GROUP INC COM 302571104 4868 88136 SH SOLE 88136 FREEPORT-MCMORAN COPPER & GOLD COM 35671D857 5421 79018 SH SOLE 79018 FRESH DEL MONTE PRODUCE INC COM G36738105 2903 128400 SH SOLE 128400 GAMESTOP CORP CL A COM 36467W109 10105 381742 SH SOLE 381742 GENERAL CABLE CORP COM 369300108 3069 78400 SH SOLE 78400 GENERAL ELECTRIC COM 369604103 21709 1322087 SH SOLE 1322087 GENERAL MILLS INC COM 370334104 541 8400 SH SOLE 8400 GENUINE PARTS CO COM 372460105 1686 44300 SH SOLE 44300 GLACIER BANCORP INC COM 37637q105 5677 380000 SH SOLE 380000 GLAXOSMITHKLINE PLC ADR COM 37733W105 891 22557 SH SOLE 22557 GOLDCORP INC COM 380956409 7083 175442 SH SOLE 175442 GOODRICH CORP COM 382388106 466 8575 SH SOLE 8575 GRAFTECH INTERNATIONAL LTD COM 384313102 1470 100000 SH SOLE 100000 GYMBOREE CORP COM 403777105 12540 259200 SH SOLE 259200 H&R BLOCK INC COM 093671105 11429 621812 SH SOLE 621812 HALLIBURTON CO COM 406216101 9446 348322 SH SOLE 348322 HARRIS CORP COM 413875105 13477 358443 SH SOLE 358443 HARTFORD FINANCIAL SERVICES GR COM 416515104 1626 61350 SH SOLE 61350 HEALTHSPRING INC COM 42224N101 8528 696200 SH SOLE 696200 HEINZ HJ CO COM 423074103 354 8900 SH SOLE 8900 HENRY SCHEIN INC COM 806407102 10900 198500 SH SOLE 198500 HERLEY INDUSTRIES INC COM 427398102 134 10300 SH SOLE 10300 HESS CORP COM 42809H107 5368 100410 SH SOLE 100410 HEWLETT-PACKARD CO COM 428236103 15223 322461 SH SOLE 322461 HILL-ROM HOLDINGS INC COM 431475102 564 25900 SH SOLE 25900 HILLENBRAND INC COM 431571108 634 31114 SH SOLE 31114 HOME DEPOT INC COM 437076102 1396 52419 SH SOLE 52419 HONEYWELL INC COM 438516106 802 21600 SH SOLE 21600 HORMEL FOODS CORP COM 440452100 405 11400 SH SOLE 11400 HSBC HOLDINGS PLC COM 404280406 1402 24449 SH SOLE 24449 HUBBELL INC CL ""B"" COM 443510201 315 7500 SH SOLE 7500 IBERIABANK CORP COM 450828108 5558 122000 SH SOLE 122000 ILLINOIS TOOL WORKS COM 452308109 1271 29766 SH SOLE 29766 IMPALA PLATINUM HLDGS SPONSORE COM 452553308 10796 467482 SH SOLE 467482 INGERSOLL RAND CO COM COM G47791101 1662 54190 SH SOLE 54190 INSITUFORM TECHNOLOGIES INC COM 457667103 587 30650 SH SOLE 30650 INT'L BUSINESS MACHINES CORP COM 459200101 20816 174031 SH SOLE 174031 INTEL CORP COM 458140100 827 42259 SH SOLE 42259 INTERACTIVE BROKERS GROUP INC COM 45841N107 9120 459000 SH SOLE 459000 J.M. SMUCKER COM COM 832696405 387 7309 SH SOLE 7309 J.P. MORGAN CHASE & CO. COM 46625H100 12521 285732 SH SOLE 285732 JARDEN CORPORATION COM 471109108 14035 500000 SH SOLE 500000 JOHNSON & JOHNSON COM 478160104 15422 253279 SH SOLE 253279 JOS A BANK CLOTHIERS INC COM 480838101 14425 322200 SH SOLE 322200 KAYNE ANDERSON MLP INVT CO COM 486606106 1798 85000 SH SOLE 85000 KELLOGG CO COM 487836108 374 7600 SH SOLE 7600 KIMBERLY-CLARK CORP COM 494368103 18666 316479 SH SOLE 316479 KINDER MORGAN ENERGY PRTNRS COM 494550106 442 8175 SH SOLE 8175 KINETIC CONCEPTS INC COM 49460W208 15532 420000 SH SOLE 420000 KINROSS GOLD CORP COM NO PAR COM 496902404 1620 74660 SH SOLE 74660 KRAFT FOODS COM 50075N104 460 17527 SH SOLE 17527 L-3 COMMUNICATIONS HLDGS INC COM 502424104 11655 145110 SH SOLE 145110 LABORATORY CORPORATION OF AMER COM 50540R409 1311 19950 SH SOLE 19950 LIFEPOINT HOSPITALS INC COM 53219L109 3304 122096 SH SOLE 122096 LINCOLN NATIONAL COM 534187109 1121 43253 SH SOLE 43253 LOCKHEED MARTIN CORP COM 539830109 1384 17725 SH SOLE 17725 MARATHON OIL CORP COM 565849106 2073 65000 SH SOLE 65000 MARSH & McLENNAN COM 571748102 213 8600 SH SOLE 8600 MASTEC INCORPORATED COM 576323109 3141 258500 SH SOLE 258500 MB FINANCIAL INC COM 55264u108 10112 482200 SH SOLE 482200 MEDCO HEALTH SOLUTIONS INC COM 58405U102 1473 26629 SH SOLE 26629 MEDTRONIC INC COM 585055106 785 21332 SH SOLE 21332 MERCK & CO INC/NJ COM 58933Y105 3963 125294 SH SOLE 125294 MET PRO CORP COM 590876306 1290 133094 SH SOLE 133094 METLIFE INC COM 59156R108 13495 354486 SH SOLE 354486 MICROSOFT CORP COM 594918104 1935 75224 SH SOLE 75224 MILLIPORE CORP COM 601073109 3052 43400 SH SOLE 43400 MIRANT CORP COM 60467R100 2372 144345 SH SOLE 144345 MITSUBISHI UFJ FINANCIAL GROUP COM 606822104 53 10000 SH SOLE 10000 MOOG INC COM 615394202 10677 361925 SH SOLE 361925 McCORMICK & CO INC NON VTG COM 579780206 1130 33300 SH SOLE 33300 McDONALDS CORP COM 580135101 14226 249280 SH SOLE 249280 NATIONAL OILWELL VARCO INC COM 637071101 8586 199070 SH SOLE 199070 NATIONAL PENN BANCSHARES COM 637138108 4796 784935 SH SOLE 784935 NETFLIX INC COM 64110L106 12235 265000 SH SOLE 265000 NEW JERSEY RESOURCES COM 646025106 1389 38250 SH SOLE 38250 NEWMONT MINING CORP COM 651639106 6774 153891 SH SOLE 153891 NOBLE CORP COM H5833N103 9482 249784 SH SOLE 249784 NORFOLK SOUTHERN CORP COM 655844108 3283 76150 SH SOLE 76150 NOVO-NORDISK ADR COM 670100205 5603 89000 SH SOLE 89000 NRG ENERGY INC COM 629377508 1776 63000 SH SOLE 63000 NUANCE COMMUNICATIONS INC COM 67020Y100 432 28900 SH SOLE 28900 NYSE EURONEXT COM 629491101 9997 346040 SH SOLE 346040 OCCIDENTAL PETROLEUM CORP COM 674599105 12939 165035 SH SOLE 165035 OMNICOM GROUP INC COM 681919106 636 17220 SH SOLE 17220 ON SEMICONDUCTOR CORPORATION COM 682189105 12753 1545800 SH SOLE 1545800 ORACLE CORPORATION COM 68389X105 14567 698982 SH SOLE 698982 OSHKOSH TRUCK CORP COM 688239201 346 11200 SH SOLE 11200 OTTER TAIL CORP COM 689648103 2388 99800 SH SOLE 99800 OWENS ILLINOIS INC COM 690768403 12218 331115 SH SOLE 331115 PAN AMERICAN SILVER CP COM COM 697900108 228 10000 SH SOLE 10000 PANTRY INC COM 698657103 5174 330000 SH SOLE 330000 PARAMETRIC TECH CORP COM 699173209 13613 985000 SH SOLE 985000 PAREXEL INTERNATIONAL COM 699462107 3103 228300 SH SOLE 228300 PARKER-HANNIFIN COM 701094104 2938 56674 SH SOLE 56674 PAYCHEX INC COM 704326107 549 18900 SH SOLE 18900 PENN VIRGINIA CORP COM 707882106 13119 572638 SH SOLE 572638 PEPSI BOTTLING GRP COM 713409100 633 17370 SH SOLE 17370 PEPSICO INC COM 713448108 4585 78169 SH SOLE 78169 PETMED EXPRESS INCORPORATED COM 716382106 2287 121300 SH SOLE 121300 PETROHAWK ENERGY CORPORATION COM 716495106 10752 444110 SH SOLE 444110 PETROLEO BRASILEIRO S.A.-ADR COM 71654V408 2793 60850 SH SOLE 60850 PETROQUEST ENERGY INC COM 716748108 12358 1904190 SH SOLE 1904190 PFIZER INC COM 717081103 2723 164548 SH SOLE 164548 PHILIP MORRIS INTERNATIONAL IN COM 718172109 1718 35250 SH SOLE 35250 PIEDMONT NATURAL GAS COM 720186105 3174 132566 SH SOLE 132566 PITNEY BOWES INC COM 724479100 1417 57016 SH SOLE 57016 PNC FINANCIAL SERVICES GROUP COM 693475105 11123 228917 SH SOLE 228917 PORTLAND GENERAL ELECTRIC CO COM 736508847 6409 325000 SH SOLE 325000 POTASH CORP OF SASKATCHEWAN COM 73755L107 6546 72465 SH SOLE 72465 PPG IND INC COM 693506107 11896 204355 SH SOLE 204355 PPL CORP COM 69351T106 3205 105651 SH SOLE 105651 PRAXAIR INC COM 74005P104 836 10229 SH SOLE 10229 PROCTER & GAMBLE COM 742718109 4224 72935 SH SOLE 72935 PSYCHIATRIC SOLUTIONS INC COM 74439H108 12034 449700 SH SOLE 449700 PUBLIC SERVICE ENTERPRISE INC COM 744573106 722 22968 SH SOLE 22968 QUAKER CHEMICAL COM 747316107 537 24500 SH SOLE 24500 QUALCOMM INC COM 747525103 3619 80450 SH SOLE 80450 QUEST DIAGNOSTICS COM 74834L100 1336 25598 SH SOLE 25598 QUEST SOFTWARE INCORPORATED COM 74834T103 7582 450000 SH SOLE 450000 R R DONNELLEY & SONS CO COM 257867101 4341 204200 SH SOLE 204200 RALCORP HOLDINGS INC COM 751028101 14910 255000 SH SOLE 255000 RAYTHEON COM 755111507 7279 151745 SH SOLE 151745 RF MICRO DEVICES COM 749941100 10599 1952000 SH SOLE 1952000 RGC RESOURCES COM 74955l103 1138 41308 SH SOLE 41308 ROYAL DUTCH SHELL PLC COM 780259206 1069 18685 SH SOLE 18685 RPM INC COM 749685103 4472 241845 SH SOLE 241845 RUDDICK CORP COM 781258108 10688 401500 SH SOLE 401500 SCHERING-PLOUGH CORP COM 806605101 408 14428 SH SOLE 14428 SCHLUMBERGER LTD COM 806857108 3148 52817 SH SOLE 52817 SCHNITZER STEEL INDUSTRIES COM 806882106 1597 30000 SH SOLE 30000 SELECTIVE INSURANCE COM 816300107 7947 505200 SH SOLE 505200 SHAW GROUP INCORPORATED COM 820280105 11148 347400 SH SOLE 347400 SIGNATURE BANK COM 82669g104 6815 235000 SH SOLE 235000 SILGAN HOLDINGS INC COM 827048109 11021 209000 SH SOLE 209000 SOLERA HOLDINGS INC COM 83421A104 14622 470000 SH SOLE 470000 SOUTHERN CO COM 842587107 315 9950 SH SOLE 9950 SOUTHWEST GAS CORP COM 844895102 11511 450000 SH SOLE 450000 STATE STREET CORP COM 857477103 584 11100 SH SOLE 11100 STERLING BANCSHARES INC/TX COM 858907108 10526 1440000 SH SOLE 1440000 SUN LIFE FINANCIAL COM 866796105 3788 121250 SH SOLE 121250 SUPERIOR ENERGY SERVICES COM 868157108 9121 405000 SH SOLE 405000 SVB FINANCIAL GROUP COM 78486q101 10342 239000 SH SOLE 239000 SYNIVERSE HOLDING INC COM 87163F106 15487 885000 SH SOLE 885000 SYSCO CORP COM 871829107 8820 354935 SH SOLE 354935 TARGET CORP COM 87612E106 735 15750 SH SOLE 15750 TECK COMINCO LTD CL B COM 878742204 304 11025 SH SOLE 11025 TELEFLEX INC COM 879369106 440 9100 SH SOLE 9100 TEREX CORP COM 880779103 11480 553800 SH SOLE 553800 TEXTRON INC COM COM 883203101 1009 53140 SH SOLE 53140 THE MOSAIC CO COM 61945A107 8415 175060 SH SOLE 175060 THE TRAVELERS COMPANIES INC COM 89417e109 3170 64397 SH SOLE 64397 THERMO FISHER SCIENTIFIC INC COM 883556102 14039 321468 SH SOLE 321468 TORCHMARK CORP COM 891027104 17007 391592 SH SOLE 391592 TOTAL FINA SA SPON ADR COM 89151E109 10439 176149 SH SOLE 176149 TRANSOCEAN LTD COM H8817H100 10514 122923 SH SOLE 122923 TRIUMPH GROUP COM 896818101 2702 56300 SH SOLE 56300 TYCO ELECTRONICS LTD COM H8912P106 358 16086 SH SOLE 16086 TYCO INTERNATIONAL LTD COM H89128104 16219 470397 SH SOLE 470397 U.S. BANCORP DEL COM 902973304 796 36422 SH SOLE 36422 UGI CORP COM 902681105 1178 46999 SH SOLE 46999 UNISOURCE ENERGY CORP COM 909205106 6150 200000 SH SOLE 200000 UNITED BANKSHARES COM 909907107 6876 351000 SH SOLE 351000 UNITED PARCEL SERVICE INC COM 911312106 9143 161910 SH SOLE 161910 UNITED TECHNOLOGIES CORP COM 913017109 2756 45226 SH SOLE 45226 V F CORP COM 918204108 5836 80575 SH SOLE 80575 VALERO ENERGY CORP COM 91913Y100 383 19727 SH SOLE 19727 VALUE STOCK PORTFOLIO COM 5161 5000000 SH SOLE 5000000 VERIZON COMMUNICATIONS COM 92343V104 6369 210403 SH SOLE 210403 WALT DISNEY COMPANY COM 254687106 1226 44634 SH SOLE 44634 WASTE MANAGEMENT INC COM 94106L109 16832 564450 SH SOLE 564450 WD-40 CO COM 929236107 2320 81700 SH SOLE 81700 WEBSTER FINANCIAL CORP COM 947890109 5220 418600 SH SOLE 418600 WELLS FARGO & CO COM 949746101 1964 69680 SH SOLE 69680 WEST PHARMACEUTICAL SERVICES COM 955306105 12837 316100 SH SOLE 316100 WGL HOLDINGS COM 92924F106 656 19800 SH SOLE 19800 WILMINGTON TRUST CORP COM 971807102 681 47942 SH SOLE 47942 WYETH COM 983024100 4728 97333 SH SOLE 97333 XCEL ENERGY INC COM 98389B100 287 14900 SH SOLE 14900 XTO ENERGY INC COM 98385X106 3551 85929 SH SOLE 85929 ISHARES NASDAQ BIOTECH INDX 464287556 228 2800 SH SOLE 2800 ICM SMALL COMPANY PORTFOLIO MF 00758M220 4256 180027.680SH SOLE 180027.680 PIMCO REAL RETURN FUND - INST MF 693391104 150 13922.384SH SOLE 13922.384 PIMCO TOTAL RETURN III - INSTL MF 693390866 245 25756.161SH SOLE 25756.161 ROYCE PENNSYLVANIA MUTUAL FUND MF 780905840 4998 550458.720SH SOLE 550458.720 VANGUARD INDEX TRUST 500 MF 922908108 271 2781.908 SH SOLE 2781.908 STRATTON MULTI-CAP FUND INC 863144101 3733 116373.353SH SOLE 116373.353 STRATTON REAL ESTATE FUND INC 863147104 1184 58659.879SH SOLE 58659.879 STRATTON SMALL-CAP VALUE FUND 863137105 13075 334393.055SH SOLE 334393.055 DNP SELECT INCOME FUND INC 23325P104 253 28400.000SH SOLE 28400.000
-----END PRIVACY-ENHANCED MESSAGE-----