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
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 COMMON 88579Y101 16,127 113,828 SH   SOLE   4,000 0 109,828
ABBOTT LABORATORIES COMMON 002824100 25,652 616,772 SH   SOLE   24,500 0 592,272
ABBVIE INC COMMON 00287Y109 2,668 46,193 SH   SOLE   0 0 46,193
ACCENTURE PLC IRELAND SHS CLAS COMMON G1151C101 19,495 239,737 SH   SOLE   14,900 0 224,837
ADOBE SYSTEMS, INC COMMON 00724F101 7,638 110,385 SH   SOLE   0 0 110,385
ADVISORY BOARD CO COMMON 00762W107 2,749 59,014 SH   SOLE   0 0 59,014
AIR LEASE CORP CL A COMMON 00912X302 37,124 1,142,283 SH   SOLE   87,000 0 1,055,283
AIR PRODUCTS & CHEMICALS INC COMMON 009158106 26,419 202,939 SH   SOLE   19,200 0 183,739
ALCOA INC COMMON 013817101 71,191 4,424,573 SH   SOLE   298,000 0 4,126,573
ALLERGAN INC COMMON 018490102 301 1,690 SH   SOLE   0 0 1,690
ALTRIA GROUP INC COMMON 02209S103 1,185 25,790 SH   SOLE   0 0 25,790
AMAZON.COM INC COMMON 023135106 622 1,930 SH   SOLE   800 0 1,130
AMERICAN AIRLINES GROUP INC COMMON 02376R102 9,741 274,538 SH   SOLE   53,000 0 221,538
AMERICAN EXPRESS CO COMMON 025816109 19,318 220,678 SH   SOLE   36,310 0 184,368
AMERICAN INTL GROUP NEW COMMON 026874784 3,876 71,753 SH   SOLE   0 0 71,753
AMERICAN TOWER CORP REIT COMMON 03027X100 30,671 327,572 SH   SOLE   9,000 0 318,572
AMGEN, INC COMMON 031162100 52,722 375,353 SH   SOLE   20,500 0 354,853
ANADARKO PETROLEUM CORP COMMON 032511107 435 4,291 SH   SOLE   0 0 4,291
ANTHRACITE CAP INC COMMON 037023108 0 11,276 SH   SOLE   0 0 11,276
APACHE CORP COMMON 037411105 1,741 18,550 SH   SOLE   0 0 18,550
APPLE INC COMMON 037833100 19,420 192,750 SH   SOLE   20,370 0 172,380
APPLIED DNA SCIENCES COMMON 03815U102 4 45,000 SH   SOLE   0 0 45,000
AT&T INC COMMON 00206R102 1,165 33,062 SH   SOLE   0 0 33,062
AUTOMATIC DATA PROCESSING COMMON 053015103 4,395 52,902 SH   SOLE   6,200 0 46,702
AVALONBAY COMMUNITIES INC COMMON 053484101 15,434 109,482 SH   SOLE   750 0 108,732
BAIDU INC SPON ADR REP A COMMON 056752108 207 950 SH   SOLE   0 0 950
BANK OF AMERICA CORP COMMON 060505104 371 21,754 SH   SOLE   0 0 21,754
BANK OF NEW YORK MELLON CORP COMMON 064058100 211 5,452 SH   SOLE   0 0 5,452
BAXTER INTL INC COMMON 071813109 343 4,774 SH   SOLE   0 0 4,774
BB&T CORP COMMON 054937107 213 5,724 SH   SOLE   0 0 5,724
BECTON DICKINSON & CO COMMON 075887109 384 3,370 SH   SOLE   0 0 3,370
BERKSHIRE HATHAWAY INC CL B NE COMMON 084670702 877 6,349 SH   SOLE   0 0 6,349
BIOGEN IDEC INC COMMON 09062X103 410 1,240 SH   SOLE   0 0 1,240
BLACKSTONE GROUP L P UNIT LTD COMMON 09253U108 19,557 621,242 SH   SOLE   91,500 0 529,742
BOEING CO COMMON 097023105 1,070 8,403 SH   SOLE   1,485 0 6,918
BORG WARNER INC COMMON 099724106 52,957 1,006,592 SH   SOLE   66,800 0 939,792
BOSTON PROPERTIES INC REIT COMMON 101121101 212 1,830 SH   SOLE   0 0 1,830
BRISTOL-MYERS SQUIBB CO COMMON 110122108 24,027 469,470 SH   SOLE   10,500 0 458,970
CAMBRIDGE HEART INC COMMON 131910101 1 302,350 SH   SOLE   0 0 302,350
CAMERON INTERNATIONAL CORP COMMON 13342B105 763 11,493 SH   SOLE   0 0 11,493
CANADIAN PAC RAILWAY LTD COMMON 13645T100 338 1,627 SH   SOLE   0 0 1,627
CARPENTER TECHNOLOGY CORP COMMON 144285103 3,425 75,854 SH   SOLE   0 0 75,854
CATERPILLAR INC COMMON 149123101 1,297 13,100 SH   SOLE   0 0 13,100
CELGENE CORP COMMON 151020104 32,331 341,117 SH   SOLE   39,700 0 301,417
CENTURYLINK INC COMMON 156700106 1,289 31,528 SH   SOLE   0 0 31,528
CERNER CORP COMMON 156782104 40,887 686,362 SH   SOLE   55,800 0 630,562
CHARLES SCHWAB CORP NEW COMMON 808513105 208 7,074 SH   SOLE   0 0 7,074
CHESAPEAKE ENERGY CORP COMMON 165167107 418 18,179 SH   SOLE   0 0 18,179
CHEVRON CORP NEW COMMON 166764100 10,574 88,622 SH   SOLE   1,500 0 87,122
CHINANET ONLINE HOLDINGS COMMON 16949H102 67 20,000 SH   SOLE   0 0 20,000
CHUBB CORP COMMON 171232101 770 8,454 SH   SOLE   0 0 8,454
CISCO SYSTEMS INC COMMON 17275R102 57,886 2,299,789 SH   SOLE   133,710 0 2,166,079
CITIGROUP INC NEW COMMON 172967424 566 10,930 SH   SOLE   0 0 10,930
CLOROX CO COMMON 189054109 204 2,127 SH   SOLE   0 0 2,127
COACH INC COMMON 189754104 5,672 159,278 SH   SOLE   17,500 0 141,778
COCA-COLA CO COMMON 191216100 16,991 398,292 SH   SOLE   0 0 398,292
COLGATE PALMOLIVE CO COMMON 194162103 13,331 204,393 SH   SOLE   1,000 0 203,393
COMCAST CORP CL A COMMON 20030N101 3,149 58,546 SH   SOLE   37,290 0 21,256
COMCAST CORP SPL CL A (NON VOT COMMON 20030N200 21,009 392,687 SH   SOLE   12,500 0 380,187
CONOCOPHILLIPS COMMON 20825C104 386 5,042 SH   SOLE   0 0 5,042
CONSOLIDATED EDISON INC COMMON 209115104 413 7,283 SH   SOLE   0 0 7,283
CORE LABORATORIES N V COMMON N22717107 9,748 66,607 SH   SOLE   12,000 0 54,607
CORNING INC COMMON 219350105 37,032 1,914,787 SH   SOLE   128,000 0 1,786,787
COSTCO WHOLESALE CORP NEW COMMON 22160K105 832 6,642 SH   SOLE   1,990 0 4,652
CROWN CASTLE INTL CORP COMMON 228227104 201 2,500 SH   SOLE   0 0 2,500
CUMMINS INC COMMON 231021106 324 2,452 SH   SOLE   0 0 2,452
CVS HEALTH CORP COMMON 126650100 394 4,953 SH   SOLE   0 0 4,953
DANAHER CORP DEL COMMON 235851102 43,144 567,829 SH   SOLE   49,700 0 518,129
DANONE SPONSORED ADR COMMON 23636T100 13,185 984,689 SH   SOLE   100,100 0 884,589
DEERE & CO COMMON 244199105 425 5,183 SH   SOLE   0 0 5,183
DELPHI AUTOMOTIVE PLC SHS COMMON G27823106 38,033 620,033 SH   SOLE   32,000 0 588,033
DELTA AIR LINES, INC COMMON 247361702 95,620 2,645,102 SH   SOLE   155,000 0 2,490,102
DENTSPLY INTL INC NEW COMMON 249030107 35,408 776,482 SH   SOLE   46,500 0 729,982
DIAGEO PLC ADR COMMON 25243Q205 30,879 267,579 SH   SOLE   21,900 0 245,679
DIGITALGLOBE INC NEW COMMON 25389M877 16,928 593,954 SH   SOLE   58,000 0 535,954
DISCOVERY COMMUNICATIONS NEW S COMMON 25470F104 1,822 48,191 SH   SOLE   0 0 48,191
DISCOVERY COMMUNICATIONS NEW S COMMON 25470F302 10,987 294,725 SH   SOLE   0 0 294,725
DISNEY (WALT) CO COMMON 254687106 20,625 231,666 SH   SOLE   0 0 231,666
DOMINION RESOURCES INC COMMON 25746U109 204 2,952 SH   SOLE   0 0 2,952
DOW CHEMICAL CO COMMON 260543103 3,123 59,549 SH   SOLE   0 0 59,549
DU PONT, (E.I.) COMMON 263534109 532 7,411 SH   SOLE   0 0 7,411
DUKE ENERGY CORP NEW COMMON 26441C204 254 3,401 SH   SOLE   0 0 3,401
DUNKIN BRANDS GROUP INC COMMON 265504100 30,084 671,224 SH   SOLE   55,500 0 615,724
E M C CORP COMMON 268648102 443 15,154 SH   SOLE   0 0 15,154
EATON CORP PLC SHS COMMON G29183103 21,888 345,404 SH   SOLE   19,307 0 326,097
EBAY INC COMMON 278642103 28,694 506,691 SH   SOLE   16,000 0 490,691
ECOLAB INC COMMON 278865100 39,202 341,388 SH   SOLE   12,200 0 329,188
EMERSON ELECTRIC CO COMMON 291011104 35,977 574,899 SH   SOLE   14,800 0 560,099
ENTERPRISE PRODUCTS PARTNERS COMMON 293792107 234 5,800 SH   SOLE   0 0 5,800
EOG RESOURCES INC COMMON 26875P101 317 3,200 SH   SOLE   0 0 3,200
EQUINIX INC NEW COMMON 29444U502 40,218 189,278 SH   SOLE   15,500 0 173,778
EXPEDITORS INTL OF WASHINGTON COMMON 302130109 23,671 583,320 SH   SOLE   39,600 0 543,720
EXPRESS SCRIPTS HOLDING CO COMMON 30219G108 578 8,184 SH   SOLE   0 0 8,184
EXXON MOBIL CORP COMMON 30231G102 7,271 77,313 SH   SOLE   0 0 77,313
FACEBOOK INC CL A COMMON 30303M102 8,528 107,899 SH   SOLE   1,500 0 106,399
FASTENAL CO COMMON 311900104 4,745 105,676 SH   SOLE   0 0 105,676
FEDEX CORP COMMON 31428X106 4,561 28,249 SH   SOLE   0 0 28,249
FIRST CHINA PHARMACEUTICAL GRO COMMON 31948N109 0 10,000 SH   SOLE   0 0 10,000
FORD MOTOR CO COMMON 345370860 52,357 3,540,025 SH   SOLE   104,400 0 3,435,625
FREEPORT-MCMORAN INC CL B COMMON 35671D857 215 6,580 SH   SOLE   0 0 6,580
FULTON FINANCIAL CORP PA COMMON 360271100 121 10,950 SH   SOLE   0 0 10,950
GANNETT CO, INC COMMON 364730101 30,638 1,032,639 SH   SOLE   65,000 0 967,639
GENERAL ELECTRIC CO COMMON 369604103 66,692 2,603,122 SH   SOLE   132,500 0 2,470,622
GENERAL MILLS INC COMMON 370334104 261 5,173 SH   SOLE   0 0 5,173
GENERAL MOTORS CO COMMON 37045V100 58,622 1,835,384 SH   SOLE   103,100 0 1,732,284
GILEAD SCIENCES INC COMMON 375558103 1,332 12,512 SH   SOLE   0 0 12,512
GOOGLE INC CL A COMMON 38259P508 26,081 44,325 SH   SOLE   3,700 0 40,625
GOOGLE INC CL C COMMON 38259P706 32,024 55,466 SH   SOLE   4,400 0 51,066
GRAINGER (W.W.), INC COMMON 384802104 421 1,674 SH   SOLE   1,200 0 474
HAIN CELESTIAL GROUP INC COMMON 405217100 18,058 176,432 SH   SOLE   6,400 0 170,032
HARMAN INTERNATIONAL INDS INC COMMON 413086109 55,549 566,597 SH   SOLE   24,000 0 542,597
HARTCOURT COMPANIES INC NEW COMMON 416187201 0 10,000 SH   SOLE   0 0 10,000
HCA HOLDINGS INC COMMON 40412C101 212 3,000 SH   SOLE   0 0 3,000
HERSHEY CO COMMON 427866108 678 7,100 SH   SOLE   1,950 0 5,150
HERTZ GLOBAL HOLDINGS INC COMMON 42805T105 2,027 79,835 SH   SOLE   0 0 79,835
HEWLETT PACKARD CO COMMON 428236103 266 7,511 SH   SOLE   0 0 7,511
HOLLYFRONTIER CORP COMMON 436106108 15,306 350,413 SH   SOLE   9,000 0 341,413
HOME DEPOT INC COMMON 437076102 586 6,392 SH   SOLE   0 0 6,392
HONEYWELL INTL INC COMMON 438516106 12,475 133,965 SH   SOLE   10,300 0 123,665
HSBC HLDGS PLC SPON ADR NEW COMMON 404280406 3,082 60,583 SH   SOLE   0 0 60,583
HUBBELL, INC CL A COMMON 443510102 1,661 13,375 SH   SOLE   0 0 13,375
HUBBELL, INC CL B COMMON 443510201 1,785 14,806 SH   SOLE   0 0 14,806
HUDSONS BAY CO NEW COMMON 444218101 18,658 1,172,448 SH   SOLE   117,000 0 1,055,448
HUNTINGTON BANCSHARES COMMON 446150104 180 18,535 SH   SOLE   0 0 18,535
IHS INC CL A COMMON 451734107 24,936 199,185 SH   SOLE   19,800 0 179,385
ILLINOIS TOOL WORKS INC COMMON 452308109 17,787 210,691 SH   SOLE   4,000 0 206,691
ILLUMINA INC COMMON 452327109 71,975 439,088 SH   SOLE   21,500 0 417,588
INTEL CORP COMMON 458140100 33,145 951,905 SH   SOLE   25,710 0 926,195
INTERNATIONAL BUSINESS MACHINE COMMON 459200101 8,045 42,381 SH   SOLE   1,890 0 40,491
INTERNATIONAL PAPER CO COMMON 460146103 233 4,874 SH   SOLE   0 0 4,874
ISTAR FINANCIAL INC COMMON 45031U101 3,488 258,355 SH   SOLE   0 0 258,355
JETBLUE AIRWAYS CORP COMMON 477143101 108 10,150 SH   SOLE   0 0 10,150
JOHNSON & JOHNSON COMMON 478160104 12,350 115,868 SH   SOLE   0 0 115,868
JOHNSON CONTROLS INC COMMON 478366107 1,188 26,992 SH   SOLE   0 0 26,992
JPMORGAN CHASE & CO COMMON 46625H100 24,067 399,520 SH   SOLE   14,000 0 385,520
KEYCORP NEW COMMON 493267108 187 14,000 SH   SOLE   0 0 14,000
KIMBERLY CLARK CORP COMMON 494368103 820 7,624 SH   SOLE   0 0 7,624
KRAFT FOODS GROUP INC COMMON 50076Q106 17,783 315,306 SH   SOLE   0 0 315,306
L BRANDS INC COMMON 501797104 2,037 30,418 SH   SOLE   0 0 30,418
LAMAR ADVERTISING CO CL A COMMON 512815101 14,277 289,883 SH   SOLE   0 0 289,883
LAUDER ESTEE COS INC CL A COMMON 518439104 4,805 64,311 SH   SOLE   3,500 0 60,811
LEE ENTERPRISES INC COMMON 523768109 34 10,000 SH   SOLE   0 0 10,000
LEVEL 3 COMMUNICATIONS NEW COMMON 52729N308 9,701 212,138 SH   SOLE   1,500 0 210,638
LIBERTY GLOBAL PLC SHS CL C COMMON G5480U120 1,901 46,344 SH   SOLE   0 0 46,344
LIBERTY MEDIA INTERACTIVE SER COMMON 000000000 287 10,050 SH   SOLE   0 0 10,050
LILLY ELI & CO COMMON 532457108 212 3,262 SH   SOLE   0 0 3,262
LINEAR TECHNOLOGY CORP COMMON 535678106 9,927 223,643 SH   SOLE   6,000 0 217,643
LUXOTTICA GROUP S P A SPON ADR COMMON 55068R202 24,920 478,503 SH   SOLE   49,500 0 429,003
MARATHON PETROLEUM CORP COMMON 56585A102 18,631 220,041 SH   SOLE   4,200 0 215,841
MARSH & MCLENNAN COMPANIES, IN COMMON 571748102 650 12,425 SH   SOLE   0 0 12,425
MARTIN MARIETTA MATERIALS INC COMMON 573284106 272 2,110 SH   SOLE   0 0 2,110
MASCO CORP COMMON 574599106 359 15,000 SH   SOLE   0 0 15,000
MASTERCARD INC CL A COMMON 57636Q104 45,984 622,073 SH   SOLE   49,750 0 572,323
MCCLATCHY CO CL A COMMON 579489105 34 10,000 SH   SOLE   0 0 10,000
MCCORMICK & CO INC COMMON 579780206 2,989 44,682 SH   SOLE   0 0 44,682
MCDONALD'S CORP COMMON 580135101 553 5,829 SH   SOLE   0 0 5,829
MERCK & CO INC NEW COMMON 58933Y105 51,033 860,886 SH   SOLE   22,300 0 838,586
METLIFE INC COMMON 59156R108 15,254 283,958 SH   SOLE   10,000 0 273,958
MICROCHIP TECHNOLOGY INC COMMON 595017104 40,261 852,443 SH   SOLE   7,200 0 845,243
MICROSOFT CORP COMMON 594918104 57,567 1,241,748 SH   SOLE   79,550 0 1,162,198
MID-AMER APT CMNTYS COMMON 59522J103 223 3,400 SH   SOLE   0 0 3,400
MONDELEZ INTL INC CL A COMMON 609207105 27,713 808,797 SH   SOLE   21,500 0 787,297
MONSTER BEVERAGE CORP COMMON 611740101 286 3,125 SH   SOLE   0 0 3,125
MORGAN STANLEY NEW COMMON 617446448 278 8,029 SH   SOLE   0 0 8,029
NATIONAL GRID PLC SPON ADR NEW COMMON 636274300 201 2,800 SH   SOLE   0 0 2,800
NCR CORP COMMON 62886E108 30,643 917,170 SH   SOLE   59,900 0 857,270
NESTLE S A SPON ADR COMMON 641069406 37,203 506,012 SH   SOLE   36,100 0 469,912
NEXTERA ENERGY INC COMMON 65339F101 446 4,754 SH   SOLE   0 0 4,754
NIELSEN N V COMMON N63218106 9,074 204,690 SH   SOLE   0 0 204,690
NIKE INC CL B COMMON 654106103 234 2,620 SH   SOLE   0 0 2,620
NOKIA CORP SPON ADR COMMON 654902204 315 37,288 SH   SOLE   0 0 37,288
NOVARTIS A G SPON ADR COMMON 66987V109 52,328 555,908 SH   SOLE   22,500 0 533,408
NOVO-NORDISK A S ADR COMMON 670100205 11,476 240,993 SH   SOLE   10,500 0 230,493
OLD DOMINION FREIGHT LINE COMMON 679580100 357 5,050 SH   SOLE   0 0 5,050
OPKO HEALTH INC COMMON 68375N103 426 50,000 SH   SOLE   0 0 50,000
ORACLE CORP COMMON 68389X105 303 7,908 SH   SOLE   0 0 7,908
PATTERSON-UTI ENERGY INC COMMON 703481101 277 8,500 SH   SOLE   0 0 8,500
PEPSICO INC COMMON 713448108 37,080 398,326 SH   SOLE   23,800 0 374,526
PERRIGO CO PCL SHS COMMON G97822103 1,146 7,629 SH   SOLE   0 0 7,629
PFIZER INC COMMON 717081103 2,417 81,721 SH   SOLE   0 0 81,721
PHILIP MORRIS INTL INC COMMON 718172109 1,506 18,055 SH   SOLE   0 0 18,055
PRAXAIR INC COMMON 74005P104 29,193 226,300 SH   SOLE   19,600 0 206,700
PROCTER & GAMBLE CO COMMON 742718109 9,412 112,401 SH   SOLE   0 0 112,401
PROLOGIS INC COMMON 74340W103 32,060 850,388 SH   SOLE   72,500 0 777,888
QIAGEN NV ORD COMMON N72482107 45,068 1,979,279 SH   SOLE   109,000 0 1,870,279
QUALCOMM INC COMMON 747525103 66,152 884,736 SH   SOLE   46,730 0 838,006
SANOFI SPONSORED ADR COMMON 80105N105 23,171 410,618 SH   SOLE   21,400 0 389,218
SCHLUMBERGER LTD COMMON 806857108 20,730 203,852 SH   SOLE   14,400 0 189,452
SOLUCORP INDUSTRIES LTD COMMON 83437C102 0 17,000 SH   SOLE   0 0 17,000
SONOCO PRODUCTS CO COMMON 835495102 340 8,666 SH   SOLE   0 0 8,666
SOUTHWEST AIRLINES CO COMMON 844741108 54,176 1,604,264 SH   SOLE   5,000 0 1,599,264
STANLEY BLACK & DECKER COMMON 854502101 524 5,905 SH   SOLE   0 0 5,905
STARBUCKS CORP COMMON 855244109 11,307 149,835 SH   SOLE   17,360 0 132,475
STERICYCLE INC COMMON 858912108 36,873 316,345 SH   SOLE   15,800 0 300,545
STRATASYS LTD SHS COMMON M85548101 8,193 67,832 SH   SOLE   10,500 0 57,332
SYMANTEC CORP COMMON 871503108 15,258 649,017 SH   SOLE   25,500 0 623,517
TARGET CORP COMMON 87612E106 221 3,532 SH   SOLE   0 0 3,532
TASEKO MINES LTD COMMON 876511106 17 10,000 SH   SOLE   0 0 10,000
TELUS CORP COMMON 87971M103 7,441 217,698 SH   SOLE   0 0 217,698
TEREX CORP NEW COMMON 880779103 361 11,353 SH   SOLE   0 0 11,353
THERMO FISHER SCIENTIFIC COMMON 883556102 44,500 365,657 SH   SOLE   34,700 0 330,957
THOMSON REUTERS CORP COMMON 884903105 23,658 649,773 SH   SOLE   0 0 649,773
TIME WARNER INC NEW COMMON 887317303 1,109 14,744 SH   SOLE   0 0 14,744
TRANSDIGM GROUP INC COMMON 893641100 681 3,695 SH   SOLE   0 0 3,695
TRUSTCO BK CORP N Y COMMON 898349105 238 37,000 SH   SOLE   0 0 37,000
TWENTY FIRST CENTURY FOX CL A COMMON 90130A101 1,190 34,711 SH   SOLE   0 0 34,711
ULTRA PETROLEUM CORP COMMON 903914109 233 10,000 SH   SOLE   0 0 10,000
UNDERGROUND SOLUTIONS COMMON 904323102 1 10,000 SH   SOLE   0 0 10,000
UNILEVER N.V. (NY SHS) COMMON 904784709 22,911 577,387 SH   SOLE   55,000 0 522,387
UNILEVER PLC SPON ADR NEW COMMON 904767704 547 13,050 SH   SOLE   0 0 13,050
UNION PACIFIC CORP COMMON 907818108 448 4,133 SH   SOLE   0 0 4,133
UNITED CONTINENTAL HOLDINGS IN COMMON 910047109 80,253 1,715,167 SH   SOLE   85,500 0 1,629,667
UNITED PARCEL SERVICE CL B COMMON 911312106 3,856 39,230 SH   SOLE   3,080 0 36,150
UNITED TECHNOLOGIES CORP COMMON 913017109 6,561 62,127 SH   SOLE   0 0 62,127
US BANCORP DEL NEW COMMON 902973304 6,350 151,811 SH   SOLE   0 0 151,811
VALERO ENERGY CORP COMMON 91913Y100 20,851 450,632 SH   SOLE   33,200 0 417,432
VENTAS INC COMMON 92276F100 33,543 541,454 SH   SOLE   47,500 0 493,954
VERIFONE SYSTEMS INC COMMON 92342Y109 38,758 1,127,336 SH   SOLE   75,500 0 1,051,836
VERISK ANALYTICS INC CL A COMMON 92345Y106 35,796 587,884 SH   SOLE   52,200 0 535,684
VERIZON COMMUNICATIONS INC COMMON 92343V104 20,756 415,198 SH   SOLE   1,315 0 413,883
VISA INC CL A COMMON 92826C839 55,598 260,570 SH   SOLE   20,100 0 240,470
VISTEON CORP NEW COMMON 92839U206 32,702 336,269 SH   SOLE   8,200 0 328,069
VODAFONE GROUP PLC NEW SPNSR A COMMON 92857W308 8,956 272,303 SH   SOLE   5,454 0 266,849
VULCAN MATERIALS CO COMMON 929160109 824 13,688 SH   SOLE   0 0 13,688
WABCO HOLDINGS INC COMMON 92927K102 426 4,680 SH   SOLE   0 0 4,680
WASTE MANAGEMENT INC COMMON 94106L109 4,675 98,368 SH   SOLE   0 0 98,368
WELLS FARGO & CO NEW COMMON 949746101 1,746 33,662 SH   SOLE   0 0 33,662
WESTFIELD FINANCIAL INC NEW COMMON 96008P104 191 27,000 SH   SOLE   0 0 27,000
WHOLE FOODS MARKET INC COMMON 966837106 12,234 321,013 SH   SOLE   43,500 0 277,513
XPO LOGISTICS INC COMMON 983793100 25,574 678,890 SH   SOLE   74,000 0 604,890
YAHOO INC COMMON 984332106 21,043 516,395 SH   SOLE   4,000 0 512,395
YUM BRANDS INC COMMON 988498101 49,201 683,536 SH   SOLE   39,000 0 644,536
ZIMMER HOLDINGS INC COMMON 98956P102 444 4,416 SH   SOLE   0 0 4,416
ZOETIS INC CL A COMMON 98978V103 14,395 389,591 SH   SOLE   10,000 0 379,591