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
AGL Resources Inc. Com 001204106 886 13,601 SH   SOLE 0 0 0 13,601
AT&T Inc. Com 00206R102 528 13,479 SH   SOLE 0 0 0 13,479
Abbott Laboratories Com 002824100 1,905 45,533 SH   SOLE 0 0 0 45,533
Abbvie Inc Com 00287Y109 465 8,142 SH   SOLE 0 0 0 8,142
Adidas Ag Adr Com 00687A107 422 7,195 SH   SOLE 0 0 0 7,195
Adobe Sys Inc. Com 00724F101 1,366 14,559 SH   SOLE 0 0 0 14,559
AECOM Technology Corp Com Com 00766T100 957 31,082 SH   SOLE 0 0 0 31,082
Aegon N.V. Ordinary Shares Com 007924103 312 56,738 SH   SOLE 0 0 0 56,738
Agilent Technologies Inc Com 00846U101 231 5,804 SH   SOLE 0 0 0 5,804
Albemarle Corp Com Com 012653101 212 3,310 SH   SOLE 0 0 0 3,310
Align Technology Inc Com 016255101 465 6,400 SH   SOLE 0 0 0 6,400
Alphabet Inc Class C Com 02079K107 2,135 2,866 SH   SOLE 0 0 0 2,866
Alphabet Inc Class A Com 02079K305 1,960 2,569 SH   SOLE 0 0 0 2,569
Altria Group Inc Com 02209S103 463 7,389 SH   SOLE 0 0 0 7,389
Amerco Com 023586100 221 618 SH   SOLE 0 0 0 618
American Eagle Outfitters Com 02553E106 852 51,111 SH   SOLE 0 0 0 51,111
American Express Co Com 025816109 600 9,771 SH   SOLE 0 0 0 9,771
Amtrust Financial Services I Com 032359309 900 34,792 SH   SOLE 0 0 0 34,792
Apple Inc Com 037833100 1,963 18,008 SH   SOLE 0 0 0 18,008
Archer Daniels Midland Co Com 039483102 527 14,519 SH   SOLE 0 0 0 14,519
Astrazeneca Plc Adr Com 046353108 889 31,587 SH   SOLE 0 0 0 31,587
ATOS ORIGIN SA Com 04962A105 349 21,382 SH   SOLE 0 0 0 21,382
Automatic Data Processing Inc Com 053015103 1,479 16,487 SH   SOLE 0 0 0 16,487
BB&T Corp Com 054937107 273 8,206 SH   SOLE 0 0 0 8,206
BCE Inc New Com 05534B760 331 7,270 SH   SOLE 0 0 0 7,270
Banco Bilbao Vizcaya Argentaria SA Sponsored Com 05946K101 243 37,211 SH   SOLE 0 0 0 37,211
Berkshire Hathaway Inc Cl B Com 084670702 709 4,995 SH   SOLE 0 0 0 4,995
Biogen Inc. Com 09062X103 274 1,053 SH   SOLE 0 0 0 1,053
Blackhawk Network Hldgs Inc Com 09238E104 725 21,148 SH   SOLE 0 0 0 21,148
BrandyWine Realty Com 105368203 178 12,685 SH   SOLE 0 0 0 12,685
Brooks Automation Inc New Com 114340102 122 11,745 SH   SOLE 0 0 0 11,745
CF Inds Hldgs Inc Com 125269100 626 19,968 SH   SOLE 0 0 0 19,968
CVS Health Corp Com 126650100 1,241 11,963 SH   SOLE 0 0 0 11,963
Capital One Financial Com 14040H105 286 4,129 SH   SOLE 0 0 0 4,129
Carlisle Cos Inc Com 142339100 240 2,416 SH   SOLE 0 0 0 2,416
Celegene Corp Com 151020104 1,220 12,191 SH   SOLE 0 0 0 12,191
Chevron Corporation Com 166764100 547 5,738 SH   SOLE 0 0 0 5,738
China Mobile Ltd Com 16941M109 328 5,915 SH   SOLE 0 0 0 5,915
Churchill Downs Inc Com Com 171484108 211 1,429 SH   SOLE 0 0 0 1,429
Cisco Systems Com 17275R102 483 16,953 SH   SOLE 0 0 0 16,953
Citigroup Inc Com New Com 172967424 622 14,910 SH   SOLE 0 0 0 14,910
Coca Cola Co Com 191216100 833 17,953 SH   SOLE 0 0 0 17,953
Cognizant Tech Solutions Corp Cl A Com 192446102 592 9,435 SH   SOLE 0 0 0 9,435
Comcast Corp New Cl A Com 20030N101 932 15,262 SH   SOLE 0 0 0 15,262
Control4 Corp Com 21240D107 174 21,900 SH   SOLE 0 0 0 21,900
Cummins Engine Co Inc Com 231021106 270 2,457 SH   SOLE 0 0 0 2,457
Danaher Corp Com 235851102 1,117 11,777 SH   SOLE 0 0 0 11,777
Deutsche Post AG Sponsored ADR Com 25157Y202 318 11,411 SH   SOLE 0 0 0 11,411
Diageo Plc New Adr Com 25243Q205 251 2,325 SH   SOLE 0 0 0 2,325
Diamondrock Hospitality Co Com 252784301 105 10,347 SH   SOLE 0 0 0 10,347
Du Pont De Nemours Ei Co Com 263534109 308 4,860 SH   SOLE 0 0 0 4,860
EOG Resources Inc Com 26875P101 908 12,504 SH   SOLE 0 0 0 12,504
E.ON AG Com 268780103 309 32,134 SH   SOLE 0 0 0 32,134
Eastman Chemical Co. Com 277432100 250 3,460 SH   SOLE 0 0 0 3,460
eBay, Inc. Com 278642103 302 12,654 SH   SOLE 0 0 0 12,654
Embraer S A Com 29082A107 317 12,027 SH   SOLE 0 0 0 12,027
Emcor Group Com 29084Q100 1,050 21,603 SH   SOLE 0 0 0 21,603
Entegris Inc Com 29362U104 161 11,795 SH   SOLE 0 0 0 11,795
Ericsson Adr Com 294821608 338 33,686 SH   SOLE 0 0 0 33,686
Express Scripts Hldg Co Com 30219G108 404 5,879 SH   SOLE 0 0 0 5,879
Exxon-Mobil Corp Com 30231G102 619 7,407 SH   SOLE 0 0 0 7,407
Fmc Corp New Com 302491303 551 13,641 SH   SOLE 0 0 0 13,641
Facebook Com 30303M102 1,229 10,772 SH   SOLE 0 0 0 10,772
Fastenal Company Com 311900104 1,322 26,980 SH   SOLE 0 0 0 26,980
Federated Investors Inc Cl B Com 314211103 366 12,703 SH   SOLE 0 0 0 12,703
F5 Networks, Inc. Com 315616102 933 8,819 SH   SOLE 0 0 0 8,819
Fidelity Natl Information Svcs Inc. Com 31620M106 997 15,751 SH   SOLE 0 0 0 15,751
First Ctzns Bancshares Inc Ncl A Com 31946M103 286 1,138 SH   SOLE 0 0 0 1,138
Ford Motor Company Com 345370860 197 14,573 SH   SOLE 0 0 0 14,573
Franklin Resources Com 354613101 436 11,158 SH   SOLE 0 0 0 11,158
ADR Fresenius Med Care AG & Co. Com 358029106 329 7,459 SH   SOLE 0 0 0 7,459
Gamestop Corp New Cl A Com 36467W109 927 29,206 SH   SOLE 0 0 0 29,206
Gartner Inc Com 366651107 1,028 11,502 SH   SOLE 0 0 0 11,502
Gemalto NV Sponsored ADR Com 36863N208 410 11,075 SH   SOLE 0 0 0 11,075
General Electric Co. Com 369604103 988 31,091 SH   SOLE 0 192 0 30,899
General Mills Inc Com 370334104 1,112 17,556 SH   SOLE 0 0 0 17,556
Genuine Parts Co Com 372460105 271 2,730 SH   SOLE 0 0 0 2,730
PH Glatfelter Com 377316104 225 10,876 SH   SOLE 0 0 0 10,876
Goldman Sachs Group Inc. Com 38141G104 922 5,873 SH   SOLE 0 0 0 5,873
HCP Inc REIT Com 40414L109 225 6,910 SH   SOLE 0 0 0 6,910
HSBC Hldgs Plc Spons Adr New Com 404280406 465 14,935 SH   SOLE 0 0 0 14,935
HP Inc Com 40434L105 234 19,000 SH   SOLE 0 0 0 19,000
Harmonic Inc Com 413160102 44 13,515 SH   SOLE 0 0 0 13,515
Healthsouth Corp. Com 421924309 291 7,740 SH   SOLE 0 0 0 7,740
HollyFrontier Corp Com 436106108 531 15,044 SH   SOLE 0 0 0 15,044
Honeywell Intl Inc Com 438516106 694 6,191 SH   SOLE 0 0 0 6,191
Host Hotels & Resorts Inc. Com 44107P104 190 11,390 SH   SOLE 0 0 0 11,390
Illinois Tool Works Inc Com 452308109 686 6,693 SH   SOLE 0 0 0 6,693
Infineon Technologies Ag Sponsored Adr Com 45662N103 344 24,146 SH   SOLE 0 0 0 24,146
Intel Corp. Com 458140100 237 7,325 SH   SOLE 0 0 0 7,325
Intl Business Machines Corp Com 459200101 1,036 6,841 SH   SOLE 0 0 0 6,841
ADR Intesa SanPaolo SPA Com 46115H107 330 19,808 SH   SOLE 0 0 0 19,808
JP Morgan Chase & Co Com 46625H100 2,313 39,057 SH   SOLE 0 0 0 39,057
Johnson & Johnson Com 478160104 2,244 20,742 SH   SOLE 0 0 0 20,742
Johnson Controls Inc Com 478366107 336 8,613 SH   SOLE 0 0 0 8,613
J2 Global Inc Com 48123V102 552 8,969 SH   SOLE 0 0 0 8,969
Julius Baer Group LTD-UN ADR Com 48137C108 317 36,806 SH   SOLE 0 0 0 36,806
KVH Inds Inc Com 482738101 127 13,273 SH   SOLE 0 0 0 13,273
Kimberly Clark Corp Com 494368103 303 2,255 SH   SOLE 0 0 0 2,255
Kirby Corp Com 497266106 734 12,176 SH   SOLE 0 0 0 12,176
Koninklijke Philips NV Spons ADR New Com 500472303 389 13,634 SH   SOLE 0 0 0 13,634
Lkq Corp Com 501889208 329 10,290 SH   SOLE 0 0 0 10,290
Lakeland Bancorp Inc Com 511637100 108 10,607 SH   SOLE 0 0 0 10,607
Liberty Ppty Tr Sh Ben Com 531172104 235 7,017 SH   SOLE 0 0 0 7,017
Lifelock Inc Com 53224V100 907 75,148 SH   SOLE 0 0 0 75,148
Mgm Mirage Com 552953101 322 15,009 SH   SOLE 0 0 0 15,009
Manpowergroup Inc Com 56418H100 206 2,536 SH   SOLE 0 0 0 2,536
Masimo Corp Com 574795100 386 9,231 SH   SOLE 0 0 0 9,231
Mastercard Inc Cl A Com 57636Q104 593 6,279 SH   SOLE 0 0 0 6,279
McKesson Corporation Com 58155Q103 285 1,814 SH   SOLE 0 0 0 1,814
Mead Johnson Nutrition Co Com 582839106 317 3,727 SH   SOLE 0 0 0 3,727
Merck & Co Inc New Com 58933Y105 1,350 25,522 SH   SOLE 0 0 0 25,522
Metlife, Inc. Com 59156R108 1,296 29,486 SH   SOLE 0 0 0 29,486
Microsoft Corporation Com 594918104 499 9,043 SH   SOLE 0 0 0 9,043
Mitsubishi Estate Co Com 606783207 299 16,099 SH   SOLE 0 0 0 16,099
Monsanto Co New Com 61166W101 392 4,468 SH   SOLE 0 0 0 4,468
Myriad Genetics Com 62855J104 528 14,104 SH   SOLE 0 0 0 14,104
Nasdaq Stk Mkt Inc Com 631103108 667 10,043 SH   SOLE 0 0 0 10,043
National Grid Transco Plc ADR Com 636274300 513 7,189 SH   SOLE 0 0 0 7,189
Nektar Therapeutics Com 640268108 158 11,485 SH   SOLE 0 0 0 11,485
Nestle Adr Com 641069406 2,076 27,669 SH   SOLE 0 0 0 27,669
Neustar Inc Cl A Com 64126X201 671 27,267 SH   SOLE 0 0 0 27,267
NextEra Energy Inc Com 65339F101 394 3,330 SH   SOLE 0 0 0 3,330
Nike, Inc. Class B Com 654106103 2,206 35,891 SH   SOLE 0 0 0 35,891
Nordstrom Inc Com 655664100 218 3,804 SH   SOLE 0 0 0 3,804
Norfolk Southern Corp Com 655844108 225 2,699 SH   SOLE 0 0 0 2,699
Northrup Grumman Corp. Com 666807102 1,098 5,550 SH   SOLE 0 0 0 5,550
Novartis Ag Sponsored Adr Com 66987V109 346 4,772 SH   SOLE 0 0 0 4,772
O'Reilly Automotive Inc New Com Com 67103H107 1,298 4,742 SH   SOLE 0 0 0 4,742
Occidental Petroleum Com 674599105 817 11,944 SH   SOLE 0 0 0 11,944
On Semiconductor Corp Com 682189105 122 12,701 SH   SOLE 0 0 0 12,701
Oracle Corporation Com 68389X105 1,857 45,389 SH   SOLE 0 0 0 45,389
Otsuka Holdings Co Com 689164101 395 21,719 SH   SOLE 0 0 0 21,719
PNC Financial Services Group Com 693475105 447 5,281 SH   SOLE 0 0 0 5,281
PPG Ind Inc Com 693506107 1,240 11,125 SH   SOLE 0 0 0 11,125
Parexel Intl Corp Com 699462107 551 8,779 SH   SOLE 0 0 0 8,779
Paychex Inc. Com 704326107 635 11,760 SH   SOLE 0 750 0 11,010
Pepsico Inc Com 713448108 586 5,719 SH   SOLE 0 0 0 5,719
Pfizer Inc. Com 717081103 1,481 49,957 SH   SOLE 0 0 0 49,957
Philip Morris Intl Inc Com 718172109 2,069 21,093 SH   SOLE 0 0 0 21,093
Polaris Inds Inc. Com 731068102 733 7,444 SH   SOLE 0 0 0 7,444
The Priceline Group Inc Com 741503403 2,082 1,615 SH   SOLE 0 0 0 1,615
Procter & Gamble Co Com 742718109 541 6,578 SH   SOLE 0 0 0 6,578
Prudential Financial Inc Com 744320102 312 4,327 SH   SOLE 0 0 0 4,327
Qualcomm Inc Com 747525103 693 13,549 SH   SOLE 0 0 0 13,549
Radian Group Inc. Com 750236101 148 11,942 SH   SOLE 0 0 0 11,942
Raytheon Co Com New Com 755111507 355 2,895 SH   SOLE 0 0 0 2,895
Regal Beloit Corp Com 758750103 229 3,626 SH   SOLE 0 0 0 3,626
Regeneron Pharmaceuticals Inc Com 75886F107 1,061 2,944 SH   SOLE 0 0 0 2,944
Regions Finl Corp New Com 7591EP100 297 37,814 SH   SOLE 0 0 0 37,814
Roche Holdings Ltd Adr Com 771195104 500 16,195 SH   SOLE 0 0 0 16,195
Ross Stores Inc Com 778296103 222 3,833 SH   SOLE 0 0 0 3,833
Koninklijke-Royal DSM NV ADR Com 780249108 370 26,850 SH   SOLE 0 0 0 26,850
Royal Dutch Shell Plc Adr Cl B Com 780259107 215 4,375 SH   SOLE 0 0 0 4,375
Royal Dutch Shell Plc Adr Cl A Com 780259206 702 14,484 SH   SOLE 0 0 0 14,484
Royal Kpn Adr Com 780641205 421 100,200 SH   SOLE 0 0 0 100,200
SLM Corp. Com 78442P106 105 16,537 SH   SOLE 0 0 0 16,537
Schlumberger Ltd Com 806857108 1,256 17,029 SH   SOLE 0 0 0 17,029
Secom Co Ltd ADR Com 813113206 385 20,714 SH   SOLE 0 0 0 20,714
Selective Ins Group Inc Com 816300107 370 10,115 SH   SOLE 0 0 0 10,115
Seven & I Hldgs Co Ltd Adr Com 81783H105 353 16,570 SH   SOLE 0 0 0 16,570
Sigma Designs Inc Com 826565103 132 19,360 SH   SOLE 0 0 0 19,360
Silicon Motion Technology Corp Com 82706C108 260 6,700 SH   SOLE 0 0 0 6,700
Sky PLC ADR Com 83084V106 327 5,560 SH   SOLE 0 0 0 5,560
Skyworks Solutions, Inc. Com 83088M102 936 12,021 SH   SOLE 0 0 0 12,021
Smith & Nephew PLC Sponsored ADR Com 83175M205 351 10,522 SH   SOLE 0 0 0 10,522
Societe Generale France Sponsored Adr Com 83364L109 284 38,406 SH   SOLE 0 0 0 38,406
Spectrum Brands Hldgs Inc Com 84763R101 206 1,888 SH   SOLE 0 0 0 1,888
Starbucks Corp Com 855244109 1,958 32,789 SH   SOLE 0 0 0 32,789
State Street Corp. Com 857477103 305 5,210 SH   SOLE 0 0 0 5,210
Stericycle Inc Com 858912108 564 4,468 SH   SOLE 0 0 0 4,468
Sterling Bancorp Com 85917A100 170 10,680 SH   SOLE 0 0 0 10,680
Summit Hotel Properties Com 866082100 203 16,980 SH   SOLE 0 0 0 16,980
Suntory Beverage and Food Com 86803T104 395 17,522 SH   SOLE 0 0 0 17,522
Symantec Corp Com 871503108 405 22,037 SH   SOLE 0 0 0 22,037
Syngenta AG Sponsored ADR Com 87160A100 375 4,522 SH   SOLE 0 0 0 4,522
Synchrony Financial Com 87165B103 289 10,097 SH   SOLE 0 0 0 10,097
TJX Cos Inc New Com 872540109 1,640 20,926 SH   SOLE 0 0 0 20,926
Target Corp. Com 87612E106 893 10,853 SH   SOLE 0 0 0 10,853
Tech Data Corp Com 878237106 527 6,865 SH   SOLE 0 0 0 6,865
Terra Nitrogen Co Com 881005201 923 8,290 SH   SOLE 0 0 0 8,290
Tetra Tech Inc New Com Com 88162G103 865 28,995 SH   SOLE 0 0 0 28,995
Texas Instruments Inc Com 882508104 895 15,582 SH   SOLE 0 0 0 15,582
Thermo Fisher Scientific, Inc. Com 883556102 614 4,334 SH   SOLE 0 0 0 4,334
Thor Inds Inc Com 885160101 263 4,127 SH   SOLE 0 0 0 4,127
3M Company Com 88579Y101 1,126 6,760 SH   SOLE 0 0 0 6,760
Time Warner Inc New Com 887317303 458 6,309 SH   SOLE 0 0 0 6,309
Torvec Inc Com 891479107 4 10,100 SH   SOLE 0 0 0 10,100
Total SA Adr Com 89151E109 344 7,574 SH   SOLE 0 0 0 7,574
Travelers Cos Inc. Com 89417E109 1,284 11,001 SH   SOLE 0 0 0 11,001
Triumph Group Inc New Com 896818101 558 17,710 SH   SOLE 0 0 0 17,710
Trustco Bank Corp NY Com 898349105 82 13,566 SH   SOLE 0 0 0 13,566
US Bancorp Del New Com 902973304 514 12,651 SH   SOLE 0 0 0 12,651
Unibail Rodamco SE Com 904587102 350 12,692 SH   SOLE 0 0 0 12,692
Unilever Nv New York Shs New Com 904784709 325 7,270 SH   SOLE 0 0 0 7,270
Union Pacific Corp Com 907818108 487 6,123 SH   SOLE 0 0 0 6,123
United Fire Group Inc Com Com 910340108 321 7,335 SH   SOLE 0 0 0 7,335
United Parcel Service Inc Com 911312106 306 2,905 SH   SOLE 0 0 0 2,905
United Technologies Corp Com 913017109 1,062 10,613 SH   SOLE 0 0 0 10,613
Universal Health Services Inc Cl B Com 913903100 208 1,670 SH   SOLE 0 0 0 1,670
Vantiv Inc Com 92210H105 557 10,344 SH   SOLE 0 0 0 10,344
Verizon Communications Com 92343V104 1,194 22,077 SH   SOLE 0 0 0 22,077
Verisk Analytics, Inc. Com 92345Y106 431 5,389 SH   SOLE 0 0 0 5,389
Visa Com 92826C839 2,626 34,335 SH   SOLE 0 0 0 34,335
Vodafone Group PLC Com 92857W308 732 22,841 SH   SOLE 0 0 0 22,841
WPP PLC Com 92937A102 378 3,250 SH   SOLE 0 0 0 3,250
Web Com Group Com 94733A104 771 38,898 SH   SOLE 0 0 0 38,898
Wells Fargo & Company Com 949746101 1,656 34,236 SH   SOLE 0 0 0 34,236
Welltower Inc - REIT Com 95040Q104 300 4,330 SH   SOLE 0 0 0 4,330
Western Digital Corp Com 958102105 716 15,159 SH   SOLE 0 0 0 15,159
William Hill PLC ADR Com 96925P104 280 14,903 SH   SOLE 0 0 0 14,903
Xcel Energy Inc Com 98389B100 217 5,199 SH   SOLE 0 0 0 5,199
Xcerra Corp Com 98400J108 118 18,090 SH   SOLE 0 0 0 18,090
Broadstone Net Lease LLC Com BROADS998 1,838 24,837 SH   SOLE 0 0 0 24,837
Amdocs Limited Com G02602103 256 4,238 SH   SOLE 0 0 0 4,238
Accenture PLC Com G1151C101 2,983 25,845 SH   SOLE 0 0 0 25,845
Delphi Automotive PLC Com G27823106 418 5,572 SH   SOLE 0 0 0 5,572
Eaton Corp PLC Com G29183103 465 7,440 SH   SOLE 0 0 0 7,440
Invesco Ltd Com G491BT108 277 9,002 SH   SOLE 0 0 0 9,002
Markit Ltd Com G58249106 369 10,433 SH   SOLE 0 0 0 10,433
Medtronic PLC Com G5960L103 810 10,802 SH   SOLE 0 0 0 10,802
Perrigo Company PLC Com G97822103 459 3,589 SH   SOLE 0 0 0 3,589
CaeserStone Sdot-Yam Ltd Com M20598104 213 6,191 SH   SOLE 0 0 0 6,191
Check Point Software Technologies, LTD. Com M22465104 301 3,436 SH   SOLE 0 0 0 3,436
Orbotech Ltd Ord Com M75253100 251 10,540 SH   SOLE 0 0 0 10,540
AerCap Holdings NV Com N00985106 341 8,795 SH   SOLE 0 0 0 8,795
Core Laboratories Com N22717107 244 2,171 SH   SOLE 0 0 0 2,171
SILCHESTER INTL INV Com SILCHES99 3,967 37,236 SH   SOLE 0 37,236 0 0
Flextronics Intl Ltd Com Y2573F102 762 63,201 SH   SOLE 0 0 0 63,201