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 COM 88579y101 8,786 64,762 SH   SOLE   64,762 0 0
ABB Ltd -Spon ADR COM 000375204 4,106 159,219 SH   SOLE   159,219 0 0
AGL Resources Inc COM 001204106 3,036 62,009 SH   SOLE   62,009 0 0
AT&T Inc COM 00206r102 9,926 283,024 SH   SOLE   283,024 0 0
AbbVie Inc COM 00287y109 6,741 131,144 SH   SOLE   131,144 0 0
Abbott Laboratories COM 002824100 8,109 210,566 SH   SOLE   210,566 0 0
Accenture PLC-Cl A COM g1151c101 3,304 41,450 SH   SOLE   41,450 0 0
Actavis LTD COM 097252718 255 1,238 SH   SOLE   1,238 0 0
Adobe Systems Inc COM 00724f101 340 5,170 SH   SOLE   5,170 0 0
Aetna Inc COM 00817Y108 442 5,900 SH   SOLE   5,900 0 0
Agilent Technologies Inc COM 00846u101 897 16,041 SH   SOLE   16,041 0 0
Air Products & Chemicals Inc COM 009158106 3,270 27,471 SH   SOLE   27,471 0 0
Allegion PLC COM g0176j109 310 5,940 SH   SOLE   5,940 0 0
Allstate Corp COM 020002101 312 5,512 SH   SOLE   5,512 0 0
Altria Group Inc COM 02209s103 5,878 157,027 SH   SOLE   157,027 0 0
Amarillo Gold Corp COM 041133317 203 1,400,000 SH   SOLE   1,400,000 0 0
Amazon.Com Inc COM 023135106 366 1,088 SH   SOLE   1,088 0 0
American Electric Power COM 025537101 400 7,901 SH   SOLE   7,901 0 0
American Express Co COM 025816109 3,137 34,842 SH   SOLE   34,842 0 0
Amgen Inc COM 031162100 1,477 11,972 SH   SOLE   11,972 0 0
Apache Corp COM 037411105 266 3,203 SH   SOLE   3,203 0 0
Apple Inc COM 037833100 13,882 25,864 SH   SOLE   25,864 0 0
Archer-Daniels-Midland Co COM 039483102 463 10,669 SH   SOLE   10,669 0 0
Automatic Data Processing COM 053015103 5,626 72,818 SH   SOLE   72,818 0 0
BCE Inc COM 05534b760 1,822 42,244 SH   SOLE   42,244 0 0
Bank Of Marin Bancorp/CA COM 063425102 563 12,501 SH   SOLE   12,501 0 0
Bank of America Corp COM 060505104 2,381 138,454 SH   SOLE   138,454 0 0
Bank of Montreal COM 063671101 899 13,420 SH   SOLE   13,420 0 0
Baxter International Inc. COM 071813109 368 5,000 SH   SOLE   5,000 0 0
Becton Dickinson & Co COM 075887109 472 4,033 SH   SOLE   4,033 0 0
Berkshire Hathaway Inc-Cl B COM 084670702 2,349 18,800 SH   SOLE   18,800 0 0
Biocryst Pharmaceuticals Inc COM 09058v103 384 36,261 SH   SOLE   36,261 0 0
Biogen Idec Inc COM 09062x103 1,282 4,191 SH   SOLE   4,191 0 0
Blackrock Inc COM 09247x101 201 640 SH   SOLE   640 0 0
Blackstone Group/The COM 09253u108 630 18,948 SH   SOLE   18,948 0 0
Boeing Co COM 097023105 3,288 26,199 SH   SOLE   26,199 0 0
Bristol-Myers Squibb Co COM 110122108 12,180 234,461 SH   SOLE   234,461 0 0
Broadcom Corp-Cl A COM 111320107 777 24,687 SH   SOLE   24,687 0 0
CVS Caremark Corp COM 126650100 3,252 43,439 SH   SOLE   43,439 0 0
Carlyle Group/The COM 14309l102 1,027 29,219 SH   SOLE   29,219 0 0
Caterpillar Inc COM 149123101 1,851 18,628 SH   SOLE   18,628 0 0
Celgene Corp COM 151020104 363 2,603 SH   SOLE   2,603 0 0
CenterPoint Energy Inc COM 15189t107 1,783 75,270 SH   SOLE   75,270 0 0
Cerner Corp COM 156782104 1,692 30,075 SH   SOLE   30,075 0 0
Cerus Corp COM 157085101 48 10,000 SH   SOLE   10,000 0 0
Check Point Software Tech COM 2181334 335 4,954 SH   SOLE   4,954 0 0
Chevron Corp COM 166764100 21,462 180,493 SH   SOLE   180,493 0 0
Chubb Corp COM 171232101 2,605 29,175 SH   SOLE   29,175 0 0
Cisco Systems Inc COM 17275R102 2,735 122,004 SH   SOLE   122,004 0 0
Citigroup Inc COM 172967424 1,073 22,550 SH   SOLE   22,550 0 0
Clorox Company COM 189054109 6,044 68,674 SH   SOLE   68,674 0 0
Coca-Cola Co/The COM 191216100 3,914 101,237 SH   SOLE   101,237 0 0
Colgate-Palmolive Co COM 194162103 5,886 90,728 SH   SOLE   90,728 0 0
Comcast Corp-Cl A COM 20030n101 3,584 71,618 SH   SOLE   71,618 0 0
Comerica Inc COM 200340107 500 9,660 SH   SOLE   9,660 0 0
Conagra Foods Inc COM 205887102 1,210 39,007 SH   SOLE   39,007 0 0
ConocoPhillips COM 20825C104 14,046 199,653 SH   SOLE   199,653 0 0
Consolidated Edison Inc COM 209115104 859 16,018 SH   SOLE   16,018 0 0
Consumer Discretionary Select COM 81369y407 2,539 39,228 SH   SOLE   39,228 0 0
Consumer Staples SPDR COM 81369y308 2,700 62,705 SH   SOLE   62,705 0 0
Costco Wholesale Corp COM 22160K105 9,197 82,349 SH   SOLE   82,349 0 0
DIRECTV Group Inc/The COM 25490a309 243 3,184 SH   SOLE   3,184 0 0
Danaher Corp COM 235851102 3,478 46,371 SH   SOLE   46,371 0 0
Deere & Co COM 244199105 1,974 21,736 SH   SOLE   21,736 0 0
Diageo Plc-Sponsored ADR COM 25243q205 462 3,706 SH   SOLE   3,706 0 0
Dick's Sporting Goods Inc COM 253393102 952 17,438 SH   SOLE   17,438 0 0
Disney Co./Walt The COM 254687106 5,337 66,655 SH   SOLE   66,655 0 0
Dominion Resources Inc/Va COM 25746u109 589 8,294 SH   SOLE   8,294 0 0
Dow Chemical COM 260543103 279 5,748 SH   SOLE   5,748 0 0
Dr Pepper Snapple Group Inc COM 26138e109 555 10,193 SH   SOLE   10,193 0 0
Du Pont (E.I.) De Nemours COM 263534109 6,789 101,184 SH   SOLE   101,184 0 0
Duke Energy Corp COM 26441c204 2,772 38,919 SH   SOLE   38,919 0 0
EGShares Dow Jones Emerging Ma COM 268461779 4,276 161,180 SH   SOLE   161,180 0 0
EMC Metals Corp COM 268665106 1 23,400 SH   SOLE   23,400 0 0
EOG Resources Inc COM 26875p101 272 1,386 SH   SOLE   1,386 0 0
ETFS Physical Precious Metals COM 26922w109 587 8,497 SH   SOLE   8,497 0 0
Eaton Corp PLC COM g29183103 1,558 20,739 SH   SOLE   20,739 0 0
Ecolab Inc COM 278865100 5,205 48,203 SH   SOLE   48,203 0 0
Edison International COM 281020107 4,044 71,438 SH   SOLE   71,438 0 0
Eli Lilly & Co COM 532457108 2,032 34,523 SH   SOLE   34,523 0 0
Emerson Electric Co COM 291011104 2,050 30,689 SH   SOLE   30,689 0 0
Encounter Technologies Inc COM 29259j105 0 62,000 SH   SOLE   62,000 0 0
EnerSys COM 29275y102 347 5,015 SH   SOLE   5,015 0 0
Energy Transfer Equity LP COM 29273v100 552 11,800 SH   SOLE   11,800 0 0
Energy Transfer Partners LP COM 29273r109 242 4,490 SH   SOLE   4,490 0 0
Enterprise Products Partners COM 293792107 1,919 27,669 SH   SOLE   27,669 0 0
Essex Property Trust Inc COM 297178105 659 3,875 SH   SOLE   3,875 0 0
Eurasian Minerals Inc COM 29843r100 56 54,086 SH   SOLE   54,086 0 0
Express Scripts Holding Co. COM 30219g108 1,115 14,849 SH   SOLE   14,849 0 0
Exxon Mobil Corp COM 30231G102 14,545 148,906 SH   SOLE   148,906 0 0
Facebook Inc COM 30303m102 207 3,428 SH   SOLE   3,428 0 0
FedEx Corp COM 31428x106 261 1,970 SH   SOLE   1,970 0 0
First Trust Dividend Leaders I COM 336917109 1,275 56,642 SH   SOLE   56,642 0 0
First Trust Mid Cap Growth Alp COM 33737m102 266 9,419 SH   SOLE   9,419 0 0
First Trust Mid Cap Value ETF COM 33737m201 268 8,783 SH   SOLE   8,783 0 0
Flagstar Bancorp Inc COM 337930705 222 10,000 SH   SOLE   10,000 0 0
Flowserve Corp COM 34354p105 210 2,676 SH   SOLE   2,676 0 0
Fluor Corp COM 343412102 581 7,470 SH   SOLE   7,470 0 0
Ford Motor Co COM 345370860 1,452 93,063 SH   SOLE   93,063 0 0
Franklin Resources Inc COM 354613101 244 4,495 SH   SOLE   4,495 0 0
Freeport-McMoRan Copper & Gold COM 35671d857 3,080 93,143 SH   SOLE   93,143 0 0
Frontier Communications Corp COM 35906a108 88 15,371 SH   SOLE   15,371 0 0
Gasco Energy Inc COM 367220100 1 12,245 SH   SOLE   12,245 0 0
General Dynamics Corp COM 369550108 1,697 15,580 SH   SOLE   15,580 0 0
General Electric Co COM 369604103 15,998 617,922 SH   SOLE   617,922 0 0
General Mills Inc COM 370334104 4,630 89,344 SH   SOLE   89,344 0 0
Genuine Parts Co COM 372460105 3,785 43,582 SH   SOLE   43,582 0 0
Gilead Sciences Inc COM 375558103 1,164 16,420 SH   SOLE   16,420 0 0
GlaxoSmithKline Plc-ADR COM 37733w105 2,838 53,125 SH   SOLE   53,125 0 0
Glencore Xstrata COM 37827x100 125 12,201 SH   SOLE   12,201 0 0
Goldman Sachs Group Inc COM 38141G104 387 2,360 SH   SOLE   2,360 0 0
Google Inc-Cl A COM 38259P508 3,988 3,578 SH   SOLE   3,578 0 0
Grainger (W.W.) Inc COM 384802104 216 853 SH   SOLE   853 0 0
Guggenheim BRIC ETF COM 18383m100 355 10,955 SH   SOLE   10,955 0 0
Guggenheim Russell Top 50 ETF COM 78355w205 659 5,081 SH   SOLE   5,081 0 0
Guggenheim S&P Equal Weight ET COM 78355w106 370 5,070 SH   SOLE   5,070 0 0
HCP Inc COM 40414l109 6,247 161,039 SH   SOLE   161,039 0 0
HPEV Inc COM 404273104 33 20,800 SH   SOLE   20,800 0 0
Harman International COM 413086109 786 7,385 SH   SOLE   7,385 0 0
Health Care Select Sector COM 81369y209 3,223 55,107 SH   SOLE   55,107 0 0
Hershey Co/The COM 427866108 223 2,134 SH   SOLE   2,134 0 0
Hess Corp COM 42809h107 880 10,612 SH   SOLE   10,612 0 0
Hewlett-Packard Co COM 428236103 1,315 40,622 SH   SOLE   40,622 0 0
Home Depot Inc COM 437076102 4,180 52,825 SH   SOLE   52,825 0 0
Honeywell International Inc COM 438516106 4,721 50,898 SH   SOLE   50,898 0 0
Hubbell Inc -Cl B COM 443510201 240 2,000 SH   SOLE   2,000 0 0
Illinois Tool Works COM 452308109 231 2,842 SH   SOLE   2,842 0 0
Infinito Gold Ltd COM 45671c106 0 33,130 SH   SOLE   33,130 0 0
Ingersoll-Rand Co Ltd-Cl A COM g47791101 1,226 21,425 SH   SOLE   21,425 0 0
Integral Technologies Inc COM 45810j103 5 17,000 SH   SOLE   17,000 0 0
Intel Corp COM 458140100 9,400 364,129 SH   SOLE   364,129 0 0
InterContinental Hotels-ADR COM 45857p400 1,910 58,959 SH   SOLE   58,959 0 0
Intl Business Machines Corp COM 459200101 9,644 50,101 SH   SOLE   50,101 0 0
Intl Flavors & Fragrances COM 459506101 605 6,325 SH   SOLE   6,325 0 0
JPMorgan Chase & Co COM 46625H100 6,152 101,330 SH   SOLE   101,330 0 0
Jacobs Engineering Group Inc COM 469814107 538 8,479 SH   SOLE   8,479 0 0
Johnson & Johnson COM 478160104 18,841 191,801 SH   SOLE   191,801 0 0
Johnson Controls Inc COM 478366107 1,257 26,560 SH   SOLE   26,560 0 0
Kimberly-Clark Corp COM 494368103 8,079 73,283 SH   SOLE   73,283 0 0
Kinder Morgan Energy Partners COM 494550106 3,183 43,037 SH   SOLE   43,037 0 0
Kinder Morgan Management LLC COM 49455u100 3,484 48,609 SH   SOLE   48,609 0 0
Kohl's Corp COM 500255104 568 10,000 SH   SOLE   10,000 0 0
Kraft Foods Group COM 50076q106 1,315 23,433 SH   SOLE   23,433 0 0
L-3 Communications Holdings COM 502424104 359 3,036 SH   SOLE   3,036 0 0
Laboratory Corp Of Amer Hldgs COM 50540r409 1,393 14,180 SH   SOLE   14,180 0 0
Li & Fung Ltd Ord New COM g5485f151 15 10,000 SH   SOLE   10,000 0 0
Linn Co LLC COM 535782106 660 24,400 SH   SOLE   24,400 0 0
Linn Energy LLC-Units COM 536020100 1,667 58,850 SH   SOLE   58,850 0 0
Lowe's Cos Inc COM 548661107 3,183 65,102 SH   SOLE   65,102 0 0
Lululemon Athletica Inc COM 550021109 312 5,939 SH   SOLE   5,939 0 0
Macy's Inc COM 55616p104 1,526 25,734 SH   SOLE   25,734 0 0
Magellan Midstream Partners COM 559080106 337 4,832 SH   SOLE   4,832 0 0
Manulife Financial Corp COM 56501r106 431 22,305 SH   SOLE   22,305 0 0
Marathon Oil Corp COM 565849106 409 11,523 SH   SOLE   11,523 0 0
Marathon Petroleum Corp COM 56585a102 314 3,602 SH   SOLE   3,602 0 0
Market Vectors Agribusiness ET COM 57060u605 256 4,710 SH   SOLE   4,710 0 0
McCormick & Co-Non Vtg Shrs COM 579780206 1,471 20,502 SH   SOLE   20,502 0 0
McDonald's Corp COM 580135101 11,159 113,833 SH   SOLE   113,833 0 0
McGraw Hill Financial Inc COM 580645109 420 5,500 SH   SOLE   5,500 0 0
Medical Properties Trust Inc COM 68463J304 363 28,384 SH   SOLE   28,384 0 0
Medtronic Inc COM 585055106 4,009 65,152 SH   SOLE   65,152 0 0
Merck & Co. Inc. COM 58933y105 5,982 105,379 SH   SOLE   105,379 0 0
Microsoft Corp COM 594918104 7,435 181,393 SH   SOLE   181,393 0 0
Mondelez International COM 609207105 1,935 56,003 SH   SOLE   56,003 0 0
Monsanto Co COM 61166w101 201 1,763 SH   SOLE   1,763 0 0
Morgan Stanley COM 617446448 503 16,125 SH   SOLE   16,125 0 0
Mylan Laboratories COM 628530107 1,946 39,843 SH   SOLE   39,843 0 0
Nabors Industries Inc COM g6359f103 1,210 49,100 SH   SOLE   49,100 0 0
National Oilwell Varco Inc COM 637071101 253 3,244 SH   SOLE   3,244 0 0
Nestle Sa-Spons ADR For Reg COM 641069406 4,041 53,726 SH   SOLE   53,726 0 0
NextEra Energy Inc COM 65339f101 8,337 87,191 SH   SOLE   87,191 0 0
Nike Inc -Cl B COM 654106103 4,624 62,609 SH   SOLE   62,609 0 0
Nordstrom Inc COM 655664100 297 4,759 SH   SOLE   4,759 0 0
Norfolk Southern Corp COM 655844108 453 4,661 SH   SOLE   4,661 0 0
Northeast Utilities COM 664397106 325 7,143 SH   SOLE   7,143 0 0
Novabay Pharmaceuticals Inc COM 66987p102 27 23,333 SH   SOLE   23,333 0 0
Novartis Ag-ADR COM 66987v109 3,430 40,345 SH   SOLE   40,345 0 0
OGE Energy Corp COM 670837103 235 6,400 SH   SOLE   6,400 0 0
Occidental Petroleum Corp COM 674599105 6,033 63,310 SH   SOLE   63,310 0 0
Oracle Corp COM 68389x105 3,307 80,843 SH   SOLE   80,843 0 0
P G & E Corp COM 69331c108 476 11,008 SH   SOLE   11,008 0 0
Paccar Inc COM 693718108 1,927 28,569 SH   SOLE   28,569 0 0
PepsiCo Inc COM 713448108 6,238 74,701 SH   SOLE   74,701 0 0
Pfizer Inc COM 717081103 7,729 240,633 SH   SOLE   240,633 0 0
Pharmaceutical HOLDRs Trust COM 71712a206 549 9,400 SH   SOLE   9,400 0 0
Philip Morris International COM 718172109 2,099 25,643 SH   SOLE   25,643 0 0
Phillips 66 COM 718546104 404 5,249 SH   SOLE   5,249 0 0
Piedmont Mining Co Inc COM 720172105 0 10,000 SH   SOLE   10,000 0 0
Plains All American Pipeline L COM 726503105 365 6,622 SH   SOLE   6,622 0 0
Plum Creek Timber Co COM 729251108 237 5,629 SH   SOLE   5,629 0 0
PowerShares Preferred Portfoli COM 73936t565 3,503 245,641 SH   SOLE   245,641 0 0
Powershares QQQ NASDAQ 100 Tru COM 73935a104 1,328 15,153 SH   SOLE   15,153 0 0
Praxair Inc COM 74005p104 2,599 19,848 SH   SOLE   19,848 0 0
ProLogis Inc COM 74340w103 304 7,441 SH   SOLE   7,441 0 0
ProShares Short 20+ Treasury COM 74347x849 220 7,245 SH   SOLE   7,245 0 0
Procter & Gamble Co COM 742718109 16,093 199,670 SH   SOLE   199,670 0 0
Prudential Financial Inc COM 744320102 2,443 28,857 SH   SOLE   28,857 0 0
Public Service Enterprise Grou COM 744573106 1,612 42,253 SH   SOLE   42,253 0 0
Qualcomm Inc COM 747525103 1,190 15,086 SH   SOLE   15,086 0 0
Quest Diagnostics COM 74834l100 306 5,285 SH   SOLE   5,285 0 0
Realty Income Corp COM 756109104 4,775 116,859 SH   SOLE   116,859 0 0
Regeneron Pharmaceuticals Inc COM 75886f107 444 1,478 SH   SOLE   1,478 0 0
Retail Properties of America COM 76131v202 553 40,850 SH   SOLE   40,850 0 0
Robert Half Intl Inc COM 770323103 306 7,300 SH   SOLE   7,300 0 0
Roche Holdings LTD-Spons ADR COM 010397936 1,699 45,040 SH   SOLE   45,040 0 0
Rockwell Automation Inc COM 773903109 298 2,394 SH   SOLE   2,394 0 0
Rockwood Holdings Inc COM 774415103 1,165 15,655 SH   SOLE   15,655 0 0
Royal Dutch Shell Plc-ADR A COM 780259206 415 5,674 SH   SOLE   5,674 0 0
SPDR Dow Jones Industrial Aver COM 78467x109 1,165 7,094 SH   SOLE   7,094 0 0
SPDR Energy Select Sector COM 81369y506 2,793 31,361 SH   SOLE   31,361 0 0
SPDR Financial Select Sector COM 81369y605 1,513 67,707 SH   SOLE   67,707 0 0
SPDR Gold Trust COM 78463v107 784 6,346 SH   SOLE   6,346 0 0
SPDR Industrial Select Sector COM 81369y704 2,654 50,708 SH   SOLE   50,708 0 0
SPDR Materials Select Sector COM 81369y100 668 14,133 SH   SOLE   14,133 0 0
SPDR S&P Biotech ETF COM 78464a870 504 3,536 SH   SOLE   3,536 0 0
SPDR S&P Dividend ETF COM 78464a763 8,284 112,578 SH   SOLE   112,578 0 0
SPDR S&P MidCap 400 ETF Trust COM 78467y107 4,487 17,906 SH   SOLE   17,906 0 0
SPDR S&P500 Index Trust Series COM 78462f103 5,626 30,081 SH   SOLE   30,081 0 0
SPDR Technology Select Sector COM 81369y803 3,774 103,813 SH   SOLE   103,813 0 0
Sanofi-ADR COM 80105n105 4,643 88,813 SH   SOLE   88,813 0 0
Scana Corp COM 80589m102 742 14,457 SH   SOLE   14,457 0 0
Schlumberger Ltd COM 806857108 1,601 16,416 SH   SOLE   16,416 0 0
Schwab (Charles) Corp COM 808513105 335 12,270 SH   SOLE   12,270 0 0
Schwab U.S. Broad Market ETF COM 808524102 1,242 27,165 SH   SOLE   27,165 0 0
Schwab U.S. Mid-Cap ETF COM 808524508 585 15,147 SH   SOLE   15,147 0 0
Schwab US Dividend Equity ETF COM 808524797 390 10,595 SH   SOLE   10,595 0 0
Sempra Energy COM 816851109 2,525 26,099 SH   SOLE   26,099 0 0
Siemens Ag-Spons ADR COM 826197501 322 2,385 SH   SOLE   2,385 0 0
Sierra Vista Bank COM 82651b105 67 20,000 SH   SOLE   20,000 0 0
Silvercorp Metals Inc COM 82835p103 20 10,000 SH   SOLE   10,000 0 0
Sirius XM Holdings Inc COM 82968b103 382 119,284 SH   SOLE   119,284 0 0
Southern Co COM 842587107 2,629 59,824 SH   SOLE   59,824 0 0
Southwestern Energy Co COM 845467109 1,216 26,431 SH   SOLE   26,431 0 0
Spectra Energy Corp COM 847560109 4,697 127,152 SH   SOLE   127,152 0 0
Spectral Diagnostics Inc COM 847574100 7 25,000 SH   SOLE   25,000 0 0
St Jude Medical Inc COM 790849103 951 14,536 SH   SOLE   14,536 0 0
Stanley Black & Decker Inc COM 854502101 3,234 39,804 SH   SOLE   39,804 0 0
Starbucks Corp COM 855244109 1,571 21,413 SH   SOLE   21,413 0 0
State Street Corp COM 857477103 395 5,684 SH   SOLE   5,684 0 0
Stryker Corp COM 863667101 337 4,135 SH   SOLE   4,135 0 0
SunPower Corp COM 867652406 968 30,000 SH   SOLE   30,000 0 0
Suncor Energy Inc COM 867224107 388 11,100 SH   SOLE   11,100 0 0
Sunoco Logistics Partners LP COM 86764l108 204 2,250 SH   SOLE   2,250 0 0
TD Ameritrade Holding Corp COM 87236y108 1,488 43,833 SH   SOLE   43,833 0 0
TJX Companies Inc COM 872540109 410 6,758 SH   SOLE   6,758 0 0
Target Corp COM 87612e106 5,084 84,014 SH   SOLE   84,014 0 0
Tesla Motors Inc COM 88160r101 269 1,289 SH   SOLE   1,289 0 0
Teva Pharmaceutical-Sp ADR COM 881624209 408 7,726 SH   SOLE   7,726 0 0
Texas Instruments Inc COM 882508104 226 4,800 SH   SOLE   4,800 0 0
Toronto-Dominion Bank COM 891160509 3,659 77,928 SH   SOLE   77,928 0 0
Total SA-Spon ADR COM 89151e109 246 3,753 SH   SOLE   3,753 0 0
Toyota Motor Corp -Spon ADR COM 892331307 1,580 13,995 SH   SOLE   13,995 0 0
Travelers Cos Inc/The COM 89417e109 2,896 34,029 SH   SOLE   34,029 0 0
Twenty-First Century Fox-B (fo COM 90130a200 2,181 70,076 SH   SOLE   70,076 0 0
US Bancorp COM 902973304 478 11,149 SH   SOLE   11,149 0 0
Unilever N V -NY Shares COM 904784709 2,874 69,902 SH   SOLE   69,902 0 0
Unilever Plc-Sponsored ADR COM 904767704 1,891 44,197 SH   SOLE   44,197 0 0
Union Pacific Corp COM 907818108 963 5,129 SH   SOLE   5,129 0 0
United Parcel Service-Cl B COM 911312106 5,802 59,582 SH   SOLE   59,582 0 0
United Technologies Corp COM 913017109 2,715 23,241 SH   SOLE   23,241 0 0
UnitedHealth Group Inc COM 91324P102 2,083 25,402 SH   SOLE   25,402 0 0
Utilities Select Sector SPDR COM 81369y886 752 18,130 SH   SOLE   18,130 0 0
Vanguard Consumer Discretionar COM 92204a108 347 3,279 SH   SOLE   3,279 0 0
Vanguard Consumer Staples Vipe COM 92204a207 253 2,280 SH   SOLE   2,280 0 0
Vanguard Dividend Appreciation COM 921908844 337 4,474 SH   SOLE   4,474 0 0
Vanguard Energy ETF COM 92204a306 260 2,025 SH   SOLE   2,025 0 0
Vanguard High Dividend Yield E COM 921946406 1,583 25,084 SH   SOLE   25,084 0 0
Vanguard Info Tech Vipers COM 92204a702 400 4,365 SH   SOLE   4,365 0 0
Vanguard Large-Cap Vipers ETF COM 922908637 456 5,301 SH   SOLE   5,301 0 0
Vanguard MSCI EAFE Index ETF COM 921943858 2,356 57,088 SH   SOLE   57,088 0 0
Vanguard MSCI Emerging Market COM 922042858 2,044 50,375 SH   SOLE   50,375 0 0
Vanguard Mid-Cap Vipers COM 922908629 4,180 36,800 SH   SOLE   36,800 0 0
Vanguard Small-Cap Vipers COM 922908751 5,591 49,500 SH   SOLE   49,500 0 0
Vanguard Total Stock Mk Vipers COM 922908769 12,165 124,805 SH   SOLE   124,805 0 0
Vanguard Value Vipers COM 922908744 264 3,378 SH   SOLE   3,378 0 0
Varian Medical Systems Inc COM 92220P105 864 10,284 SH   SOLE   10,284 0 0
Verizon Communications Inc COM 92343v104 21,276 447,254 SH   SOLE   447,254 0 0
Visa Inc-Class A Shares COM 92826c839 555 2,573 SH   SOLE   2,573 0 0
Vodafone Group PLC-Sp ADR COM 92857w308 1,501 40,775 SH   SOLE   40,775 0 0
Vornado Realty Trust COM 929042109 4,416 44,809 SH   SOLE   44,809 0 0
Voyant International Corp COM 92909w108 0 53,652 SH   SOLE   53,652 0 0
Wal-Mart Stores Inc COM 931142103 923 12,072 SH   SOLE   12,072 0 0
Walgreen Co COM 931422109 6,800 102,982 SH   SOLE   102,982 0 0
Waste Management Inc COM 94106l109 5,147 122,347 SH   SOLE   122,347 0 0
WellPoint Inc COM 94973V107 1,138 11,433 SH   SOLE   11,433 0 0
Wells Fargo & Company COM 949746101 25,436 511,377 SH   SOLE   511,377 0 0
Westamerica Bancorportaion COM 957090103 776 14,341 SH   SOLE   14,341 0 0
Weyerhaeuser Co COM 962166104 1,077 36,690 SH   SOLE   36,690 0 0
Whirlpool Corp COM 963320106 2,347 15,706 SH   SOLE   15,706 0 0
White Mountains Insurance Grou COM G9618E107 716 1,193 SH   SOLE   1,193 0 0
Whole Foods Market Inc COM 966837106 5,247 103,479 SH   SOLE   103,479 0 0
Williams Cos Inc COM 969457100 6,398 157,663 SH   SOLE   157,663 0 0
Wisconsin Energy Corp COM 976657106 1,015 21,794 SH   SOLE   21,794 0 0
Xylem Inc COM 98419m100 427 11,721 SH   SOLE   11,721 0 0
Yahoo! Inc COM 984332106 1,038 28,900 SH   SOLE   28,900 0 0
Yingli Green Energy Holding Co COM 98584b103 65 15,000 SH   SOLE   15,000 0 0
Yum! Brands Inc COM 988498101 363 4,821 SH   SOLE   4,821 0 0
Zimmer Holdings Inc COM 98956p102 959 10,138 SH   SOLE   10,138 0 0
Zogenix Inc COM 98978l105 28 10,000 SH   SOLE   10,000 0 0
iShares DJ Select Dividend Ind COM 464287168 5,939 80,996 SH   SOLE   80,996 0 0
iShares DJ US Energy Sector COM 464287796 245 4,812 SH   SOLE   4,812 0 0
iShares DJ US Financial Sect COM 464287788 1,017 12,433 SH   SOLE   12,433 0 0
iShares DJ US Healthcare Sec COM 464287762 225 1,829 SH   SOLE   1,829 0 0
iShares DJ US Telecommunicatio COM 464287713 370 12,331 SH   SOLE   12,331 0 0
iShares FTSE/Xinhua China 25 COM 464287184 239 6,685 SH   SOLE   6,685 0 0
iShares MSCI Canada Index COM 464286509 214 7,250 SH   SOLE   7,250 0 0
iShares MSCI EAFE Index Fund COM 464287465 1,618 24,083 SH   SOLE   24,083 0 0
iShares MSCI Emerging Markets COM 464287234 633 15,434 SH   SOLE   15,434 0 0
iShares MSCI Singapore Index COM 464286673 134 10,228 SH   SOLE   10,228 0 0
iShares MSCI USA Quality Facto COM 46432f339 619 10,995 SH   SOLE   10,995 0 0
iShares Nasdaq Biotech Index F COM 464287556 1,122 4,746 SH   SOLE   4,746 0 0
iShares Russell 1000 Growth COM 464287614 593 6,857 SH   SOLE   6,857 0 0
iShares Russell 1000 Value COM 464287598 372 3,851 SH   SOLE   3,851 0 0
iShares Russell 2000 Index Fun COM 464287655 331 2,841 SH   SOLE   2,841 0 0
iShares Russell 3000 Value COM 464287663 216 1,714 SH   SOLE   1,714 0 0
iShares Russell Midcap Index COM 464287499 358 2,316 SH   SOLE   2,316 0 0
iShares S&P 100 Index Fund COM 464287101 828 9,994 SH   SOLE   9,994 0 0
iShares S&P 500 Index Fund COM 464287200 487 2,589 SH   SOLE   2,589 0 0
iShares S&P Europe 350 COM 464287861 807 16,720 SH   SOLE   16,720 0 0
iShares S&P Global 100 COM 464287572 728 9,351 SH   SOLE   9,351 0 0
iShares S&P Midcap 400 COM 464287507 1,315 9,564 SH   SOLE   9,564 0 0
iShares S&P Midcap 400/Value COM 464287705 459 3,810 SH   SOLE   3,810 0 0
iShares S&P SmallCap 600 COM 464287804 587 5,334 SH   SOLE   5,334 0 0
iShares S&P US Preferred Stock COM 464288687 7,767 199,013 SH   SOLE   199,013 0 0
AEGON 8.00% 2042 Notes Call 08 PFD 007924608 3,214 111,204 SH   SOLE   111,204 0 0
AEGON NV 7.25%BBB QDI Called 6 PFD n00927348 603 23,325 SH   SOLE   23,325 0 0
AON Cap 8.205% 1/27 Non-Call B PFD 22532r101 1,745 58,529 SH   SOLE   58,529 0 0
Allied Capital ARCC6.875% 4/20 PFD 01903q207 387 15,567 SH   SOLE   15,567 0 0
American Capital Agency 8.0% P PFD 02503x204 981 37,324 SH   SOLE   37,324 0 0
Annaly Capital 7.625% Perp Cl PFD 035710706 232 9,532 SH   SOLE   9,532 0 0
Arbor Realty 8.50% CUM Perp Ca PFD 038923801 215 8,700 SH   SOLE   8,700 0 0
Arch Capital 6.75% BBB QDI Cl PFD g0450a204 498 19,830 SH   SOLE   19,830 0 0
Ares Capital 7.75% 2040 Call 1 PFD 04010l202 2,353 90,462 SH   SOLE   90,462 0 0
Argo Group 6.5% Sr Notes Call PFD 040130205 282 12,250 SH   SOLE   12,250 0 0
Ashford Hospitality 9.0% NR Ca PFD 044103505 1,169 43,285 SH   SOLE   43,285 0 0
Aspen Insurance 7.25% Call07/2 PFD g05384147 4,985 190,996 SH   SOLE   190,996 0 0
Aspen Insurance 7.401% Call 07 PFD g05384139 590 22,738 SH   SOLE   22,738 0 0
Aviva 8.25% 12/2041 Call 12/20 PFD 05382a203 9,788 353,876 SH   SOLE   353,876 0 0
Axis Capital 6.875% Cl 4/17 QD PFD g0692u307 329 13,050 SH   SOLE   13,050 0 0
BAC Flt LIB+35 BB+ NCU QDI Cl PFD 060505815 255 11,845 SH   SOLE   11,845 0 0
BGC Partners 8.125% 2042 Call PFD 05541t408 1,591 59,384 SH   SOLE   59,384 0 0
Banco Santander 6.80% QDI Clbl PFD 80281r706 294 11,590 SH   SOLE   11,590 0 0
Banco Santander10.5% Perp Cl9/ PFD e8683r144 1,058 40,553 SH   SOLE   40,553 0 0
Bank of America 6.625%Prp Cl 1 PFD 060505740 365 14,302 SH   SOLE   14,302 0 0
Barclay's 6.625% Perpetual 9/1 PFD 06739f390 234 9,254 SH   SOLE   9,254 0 0
Barclays 7.75% Prp Cl 9/13 BBB PFD 06739h511 1,606 61,908 SH   SOLE   61,908 0 0
Barclays 8.125% Perp/Cl 3/14 B PFD 06739h362 3,927 150,984 SH   SOLE   150,984 0 0
Barclays Bank 7.1% Prp Call 12 PFD 06739h776 1,174 45,741 SH   SOLE   45,741 0 0
Campus Crest Comm 8.00% Perp C PFD 13466y204 1,437 57,122 SH   SOLE   57,122 0 0
CenturyLink Quest 6.125%Nts Cl PFD 74913g600 253 11,500 SH   SOLE   11,500 0 0
CenturyLink Quest 7.0%SnNts Cl PFD 74913g501 2,475 98,168 SH   SOLE   98,168 0 0
CenturyLink Quest7.375% 6/51 C PFD 74913g204 1,290 49,322 SH   SOLE   49,322 0 0
CenturyLink SnNote7.5% 2051 Cl PFD 74913g303 5,203 197,985 SH   SOLE   197,985 0 0
CenturyLink SnNotes 7.0% 2050 PFD 74913G402 1,454 57,540 SH   SOLE   57,540 0 0
Chesapeake Lodging 7.75% PerpC PFD 165240201 1,987 76,575 SH   SOLE   76,575 0 0
Citigroup 5.8% B1 Call 4/18 QD PFD 172967366 272 11,900 SH   SOLE   11,900 0 0
Citigroup 7.125% FxdtoFlt Cl 9 PFD 172967358 3,362 127,345 SH   SOLE   127,345 0 0
Citigroup Tst 7.875% Cl2015 Li PFD 173080201 242 8,710 SH   SOLE   8,710 0 0
Commonwealth REIT 7.25% Prp/Cl PFD 203233606 582 23,134 SH   SOLE   23,134 0 0
Corporate Office Prop 7.375% C PFD 22002t884 2,007 78,903 SH   SOLE   78,903 0 0
Costamare 8.50% CUM QDI Perp C PFD y1771g128 1,475 58,717 SH   SOLE   58,717 0 0
CubeSmart 7.75%CUM Call 11/2/2 PFD 229663208 461 17,926 SH   SOLE   17,926 0 0
DTE Energy 6.5% Jr Sub Call 12 PFD 233331602 1,371 53,760 SH   SOLE   53,760 0 0
Deutsche Bank 8.05% PrpCl6/18 PFD 25150l108 3,012 109,644 SH   SOLE   109,644 0 0
Deutsche Bk Tst6.55%Perp Cl 5/ PFD 25153x208 614 23,446 SH   SOLE   23,446 0 0
Deutsche Bnk 6.625% Prp Cl 8/1 PFD 25153y206 287 11,183 SH   SOLE   11,183 0 0
Deutsche Bnk 7.6% Prp Cl 2/18 PFD 25154a108 1,622 59,794 SH   SOLE   59,794 0 0
Digital Realty 6.625% Perp CUM PFD 253868806 687 30,027 SH   SOLE   30,027 0 0
Digital Realty 7.0% Perp Call PFD 253868707 3,725 152,867 SH   SOLE   152,867 0 0
Discover Financial 6.50%Perp Q PFD 254709207 1,458 59,424 SH   SOLE   59,424 0 0
Dominion Res 8.375% Cl 6/14 BB PFD 25746u604 756 29,655 SH   SOLE   29,655 0 0
Endurance Specialty 7.5% Cl 6/ PFD g30397304 2,094 79,922 SH   SOLE   79,922 0 0
Endurance Specialty 7.75% Cl12 PFD 29267h208 3,791 144,757 SH   SOLE   144,757 0 0
Excel Trust 8.125% CUM Call 1/ PFD 30068c307 1,330 51,420 SH   SOLE   51,420 0 0
First Republic 7.0% Cl 12/18 B PFD 33616c860 1,135 43,325 SH   SOLE   43,325 0 0
First Republic Bank 6.2% Cl 6/ PFD 33616c407 1,233 50,010 SH   SOLE   50,010 0 0
First Republic Bank 6.70% Cl20 PFD 33616c209 1,567 61,696 SH   SOLE   61,696 0 0
General Growth Prop 6.375% Cl PFD 370023202 377 16,200 SH   SOLE   16,200 0 0
GoldmanSachs Lib+75 Min3.75% C PFD 38143y665 751 39,245 SH   SOLE   39,245 0 0
HSBC 6.36% Perp Callable NCU Q PFD 40429c607 803 31,982 SH   SOLE   31,982 0 0
HSBC Float 4.5%FL Clbl CUM QDI PFD 40428h706 441 17,680 SH   SOLE   17,680 0 0
HSBC Hldgs 8.0% Prp Cl 12/15 B PFD 404280802 5,546 205,647 SH   SOLE   205,647 0 0
Hanover Insurance 6.35% Cl 3/1 PFD 410867204 293 12,700 SH   SOLE   12,700 0 0
Hartford Finl 7.875% 2042 call PFD 416518504 1,513 51,090 SH   SOLE   51,090 0 0
Hudson Pacific 8.375% Perp N/R PFD 444097208 850 32,417 SH   SOLE   32,417 0 0
ING Groep NV 7 3/8% Cl 10/12 B PFD 456837707 1,857 72,732 SH   SOLE   72,732 0 0
ING Grp NV 7.20%Pfd Perp/Cl l2 PFD 456837301 322 12,449 SH   SOLE   12,449 0 0
Investors REIT 7.95% Perp CUM PFD 461730301 905 35,010 SH   SOLE   35,010 0 0
KKR Financial 7.50% SrNotes Ca PFD 48248a504 4,254 157,687 SH   SOLE   157,687 0 0
KKR Financial 8.375%SrNts Call PFD 48248a405 1,680 60,670 SH   SOLE   60,670 0 0
KKR Financial7.375% Perp Call PFD 48248a603 4,076 158,294 SH   SOLE   158,294 0 0
Kimco Realty 6.90% Perp Call8/ PFD 49446r828 248 9,626 SH   SOLE   9,626 0 0
LaSalle Hotel 7.50% Perp CUM C PFD 517942702 1,939 74,995 SH   SOLE   74,995 0 0
M&T Bank 6.375% Cl 11/18 BBB Q PFD 55261f708 574 604 SH   SOLE   604 0 0
MFA Financial 7.5% Prp Cl 4/15 PFD 55272x409 204 8,607 SH   SOLE   8,607 0 0
Maiden Hldgs 8.00% Nts 2042 ca PFD 56029q309 2,242 86,053 SH   SOLE   86,053 0 0
Maiden Hldgs 8.25% Nts 2041 ca PFD 56029q200 813 31,334 SH   SOLE   31,334 0 0
Maiden Holdings 8.25%Prp Cl8/2 PFD g5753u120 1,317 51,382 SH   SOLE   51,382 0 0
Merrill Lynch 7.28% Perp Cl 9/ PFD 59021k205 293 11,503 SH   SOLE   11,503 0 0
MetLife 3MoLibor+100 Min 4.0% PFD 59156r504 231 9,965 SH   SOLE   9,965 0 0
Montpelier RE 8.875% Perp QDI PFD g62185114 893 33,158 SH   SOLE   33,158 0 0
Morgan Stanley 3MoLib+70bp 4%F PFD 61747s504 506 25,430 SH   SOLE   25,430 0 0
Morgan Stanley 7.125% Fxd-Flt PFD 61762v200 444 16,735 SH   SOLE   16,735 0 0
News Corp 7.00% 12/1/2095 call PFD 863117206 365 14,297 SH   SOLE   14,297 0 0
NuStar Logistics 7.625%Nts Cl PFD 67059t204 807 30,105 SH   SOLE   30,105 0 0
PS Business Parks 6.0% Cl 5/20 PFD 69360j685 298 13,230 SH   SOLE   13,230 0 0
Partner Re 7.25% Call 06/16 BB PFD g68603508 5,867 221,302 SH   SOLE   221,302 0 0
Pebblebrook Hotel 8.00%Perp Cu PFD 70509v308 2,344 90,728 SH   SOLE   90,728 0 0
Pebblebrook Hotel7.875%Perp Cu PFD 70509v209 829 32,123 SH   SOLE   32,123 0 0
Penn RealEstate 7.375%CUM Perp PFD 709102503 458 18,295 SH   SOLE   18,295 0 0
Pitney Bowes 6.7% Cl 3/7/18 PFD 724479506 378 14,900 SH   SOLE   14,900 0 0
Principal Fin 145Bp+30y QDI ($ PFD 74251v201 724 7,050 SH   SOLE   7,050 0 0
PrivateBancorp PVTB 7.125% Cal PFD 742962400 327 12,595 SH   SOLE   12,595 0 0
Prospect Captl 6.95% Sr Nts 20 PFD 74348t201 1,770 67,113 SH   SOLE   67,113 0 0
Prudential PLC 6.75% PrpCl 9/0 PFD g7293h114 811 31,761 SH   SOLE   31,761 0 0
Public Storage 5.90% Perp CUM PFD 74460w206 702 29,675 SH   SOLE   29,675 0 0
Public Storage 6.35% Call 7/16 PFD 74460d125 890 35,305 SH   SOLE   35,305 0 0
Public Storage 6.5% Perp Call PFD 74460d158 410 15,950 SH   SOLE   15,950 0 0
Public Storage 6.50% Call 4/20 PFD 74460d141 1,826 71,154 SH   SOLE   71,154 0 0
Public Storage 6.875% Prp Cl7/ PFD 74460d182 1,249 47,286 SH   SOLE   47,286 0 0
Raymond James Financial 6.90% PFD 754730208 395 15,120 SH   SOLE   15,120 0 0
Realty Income 6.625% Call 2/17 PFD 756109807 300 11,900 SH   SOLE   11,900 0 0
Regency Centers 6.00% Perp CUM PFD 758849806 417 19,100 SH   SOLE   19,100 0 0
Regions Financial 6.375% Cl 12 PFD 7591ep308 439 18,200 SH   SOLE   18,200 0 0
Reinsurance Group of Amer 6.2% PFD 759351703 432 16,300 SH   SOLE   16,300 0 0
Retail Properties of Amer 7.0% PFD 76131v608 477 19,308 SH   SOLE   19,308 0 0
SL Green Realty 6.5% Perp CUM PFD 78440x507 2,803 119,518 SH   SOLE   119,518 0 0
Scana Corp 7.70% 2065 Cl1/2015 PFD 80589m201 3,577 135,236 SH   SOLE   135,236 0 0
Seaspan 8.25% Perp CUM QDI Cal PFD y75638133 783 30,640 SH   SOLE   30,640 0 0
Seaspan 9.50% 1/2049 Call 1/20 PFD B643v81 214 7,785 SH   SOLE   7,785 0 0
So Cal Ed Flt $100 Callable NC PFD 842400756 909 8,950 SH   SOLE   8,950 0 0
Solar Capital 6.75% Cl 11/17 PFD 83413u308 302 13,000 SH   SOLE   13,000 0 0
Southern Cal Ed 6.5% $100 Cl3/ PFD 842400723 686 6,690 SH   SOLE   6,690 0 0
Strategic Hotels&Resorts 8.25% PFD 024296164 398 15,638 SH   SOLE   15,638 0 0
Strategic Hotels&Resorts 8.25% PFD 86272t502 403 15,998 SH   SOLE   15,998 0 0
Strategic Hotels&Rsrts 8.50% C PFD 86272t304 252 9,871 SH   SOLE   9,871 0 0
Summit Hotel 7.875% Perp CUM C PFD 866082308 1,252 49,428 SH   SOLE   49,428 0 0
Sunstone Hotel 8.00% Perp CUM PFD 867592507 309 12,032 SH   SOLE   12,032 0 0
Taubman Centers 6.5% CUM NA Cl PFD 876664608 240 10,151 SH   SOLE   10,151 0 0
Telephone & Data 6.875% Cl 11/ PFD 879433845 3,699 145,704 SH   SOLE   145,704 0 0
Telephone & Data 7.0% Cl 3/16 PFD 879433837 939 36,650 SH   SOLE   36,650 0 0
US Bancorp 6.5% FxdToFlt Cl 2/ PFD 902973833 1,569 55,230 SH   SOLE   55,230 0 0
US Cellular 6.95% 2060 Cl 05/2 PFD 911684405 328 12,935 SH   SOLE   12,935 0 0
Vanguard Natrl Resources 7.625 PFD 92205f304 444 18,125 SH   SOLE   18,125 0 0
Vornado Realty 5.7% Prp Cl 7/1 PFD 929042851 255 11,746 SH   SOLE   11,746 0 0
Vornado Realty 6.875% Prp/Cl 4 PFD 929042869 3,265 126,659 SH   SOLE   126,659 0 0
Vornado Realty7.875% 2039 Cl 1 PFD 929043602 231 8,950 SH   SOLE   8,950 0 0
Wells Fargo 7.50% Conv/Perp$10 PFD 949746804 941 802 SH   SOLE   802 0 0
Wells Fargo 8.00% Prp Cl12/17 PFD 949746879 13,706 470,340 SH   SOLE   470,340 0 0
Charles Schwab 7% Perp/Call 2/ PFD 808513AE5 2,311 2,032,000 PRN   SOLE   2,032,000 0 0
Citigroup Inc 5.95% Perp Call PFD 172967GD7 288 295,000 PRN   SOLE   295,000 0 0
GE Cap Corp 6.25% Perp/Call 12 PFD 369622SP1 375 350,000 PRN   SOLE   350,000 0 0
GE Cap Corp 7.125% Perp/Call 6 PFD 369622SN6 2,008 1,765,000 PRN   SOLE   1,765,000 0 0
JPMorgan 7.9% Perp/Call 4/18 - PFD 46625HHA1 2,571 2,280,000 PRN   SOLE   2,280,000 0 0
So. Cal Edison 6.25% Perp/Call PFD 842400FU2 1,059 1,000,000 PRN   SOLE   1,000,000 0 0
Wachovia (WFC) Perp/Call 2/11 PFD 92978AAA0 5,154 5,320,000 PRN   SOLE   5,320,000 0 0
Wells Fargo & Company Perp/Cal PFD 949746PM7 614 540,000 PRN   SOLE   540,000 0 0