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
AMERICAN EXPRESS CO COM 025816109 105,420 1,356,411 SH   SOLE   1,193,687 0 162,724
ANNALY CAP MGMT INC COM 035710409 55,375 6,025,598 SH   SOLE   5,320,170 0 705,428
BAXTER INTL INC COM 071813109 132,130 1,889,455 SH   SOLE   1,676,637 0 212,818
BED BATH & BEYOND INC COM 075896100 103,772 1,504,376 SH   SOLE   1,329,171 0 175,205
CHEVRON CORP NEW COM 166764100 57,254 593,494 SH   SOLE   523,630 0 69,864
CHUBB CORP COM 171232101 103,714 1,090,125 SH   SOLE   962,358 0 127,767
CISCO SYS INC COM 17275R102 86,283 3,142,135 SH   SOLE   2,777,304 0 364,831
COMERICA INC COM 200340107 242 4,725 SH   SOLE   4,725 0 0
CONOCOPHILLIPS COM 20825C104 58,358 950,297 SH   SOLE   838,419 0 111,878
DIAMOND OFFSHORE DRILLING IN COM 25271C102 72,885 2,823,891 SH   SOLE   2,491,827 0 332,064
EBAY INC COM 278642103 116,545 1,934,685 SH   SOLE   1,706,917 0 227,768
EXELON CORP COM 30161N101 143,956 4,581,681 SH   SOLE   4,047,511 0 534,170
EXPRESS SCRIPTS HLDG CO COM 30219G108 149,759 1,683,822 SH   SOLE   1,488,589 0 195,233
EXXON MOBIL CORP COM 30231G102 129,161 1,552,420 SH   SOLE   1,369,519 0 182,901
FRANKLIN RES INC COM 354613101 73,838 1,505,982 SH   SOLE   1,263,376 0 242,606
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 68,898 1,654,203 SH   SOLE   1,466,064 0 188,139
HONDA MOTOR LTD AMERN SHS 438128308 111,339 3,436,379 SH   SOLE   3,035,517 0 400,862
ISHARES TR RUS MDCP VAL ETF 464287473 405 5,485 SH   SOLE   5,485 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 3,840 37,224 SH   SOLE   37,224 0 0
ISHARES TR CORE US VAL ETF 464287663 2,059 15,275 SH   SOLE   15,275 0 0
JOHNSON & JOHNSON COM 478160104 106,362 1,091,336 SH   SOLE   966,923 0 124,413
KEYCORP NEW COM 493267108 297 19,785 SH   SOLE   19,785 0 0
LINEAR TECHNOLOGY CORP COM 535678106 207 4,682 SH   SOLE   4,682 0 0
MACK CALI RLTY CORP COM 554489104 33,624 1,824,421 SH   SOLE   1,602,995 0 221,426
MEDTRONIC PLC SHS G5960L103 120,957 1,632,354 SH   SOLE   1,438,347 0 194,007
MICROSOFT CORP COM 594918104 123,595 2,799,429 SH   SOLE   2,462,179 0 337,250
MOLSON COORS BREWING CO CL B 60871R209 81,722 1,170,634 SH   SOLE   1,033,775 0 136,859
PARTNERRE LTD COM G6852T105 296 2,300 SH   SOLE   2,300 0 0
PEPSICO INC COM 713448108 168,873 1,809,219 SH   SOLE   1,596,911 0 212,308
PNC FINL SVCS GROUP INC COM 693475105 141,008 1,474,203 SH   SOLE   1,298,600 0 175,603
PRICE T ROWE GROUP INC COM 74144T108 29,856 384,096 SH   SOLE   382,315 0 1,781
PROCTER & GAMBLE CO COM 742718109 116,559 1,489,762 SH   SOLE   1,310,701 0 179,061
QUALCOMM INC COM 747525103 83,102 1,326,866 SH   SOLE   1,173,422 0 153,444
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 781 10,390 SH   SOLE   10,390 0 0
SOUTHWESTERN ENERGY CO COM 845467109 115,535 5,082,928 SH   SOLE   4,530,379 0 552,549
ST JUDE MED INC COM 790849103 358 4,897 SH   SOLE   4,897 0 0
SUNTRUST BKS INC COM 867914103 70,720 1,643,894 SH   SOLE   1,452,001 0 191,893
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 91,726 4,039,026 SH   SOLE   3,573,235 0 465,791
TARGET CORP COM 87612E106 165,776 2,030,819 SH   SOLE   1,792,234 0 238,585
TORCHMARK CORP COM 891027104 70,099 1,204,031 SH   SOLE   1,062,949 0 141,082
TRAVELERS COMPANIES INC COM 89417E109 102,984 1,065,424 SH   SOLE   941,181 0 124,243
US BANCORP DEL COM NEW 902973304 129,867 2,992,326 SH   SOLE   2,635,376 0 356,950
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 599 11,345 SH   SOLE   11,345 0 0
WAL-MART STORES INC COM 931142103 170,903 2,409,453 SH   SOLE   2,127,411 0 282,042
WELLS FARGO & CO NEW COM 949746101 140,502 2,498,265 SH   SOLE   2,206,866 0 291,399
WHITE MTNS INS GROUP LTD COM G9618E107 233 356 SH   SOLE   356 0 0
XL GROUP PLC SHS G98290102 202 5,435 SH   SOLE   5,435 0 0