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
ABBOTT LABS COM 002824100 258 6,410 SH   SOLE   6,410 0 0
AERCAP HOLDINGS NV SHS N00985106 1,111 29,060 SH   SOLE   29,060 0 0
AMERICAN TOWER CORP NEW COM 03027X100 1,816 20,646 SH   SOLE   20,646 0 0
APPLE INC COM 037833100 3,132 28,394 SH   SOLE   28,394 0 0
APPLIED MATLS INC COM 038222105 505 34,410 SH   SOLE   34,410 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 224 2,782 SH   SOLE   2,782 0 0
BANCO SANTANDER SA ADR 05964H105 97 18,314 SH   SOLE   18,314 0 0
BARCLAYS PLC ADR 06738E204 193 13,080 SH   SOLE   13,080 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 3,847 29,498 SH   SOLE   29,498 0 0
BT GROUP PLC ADR 05577E101 225 3,530 SH   SOLE   3,530 0 0
CBL & ASSOC PPTYS INC COM 124830100 968 70,400 SH   SOLE   70,400 0 0
CBRE GROUP INC CL A 12504L109 1,300 40,629 SH   SOLE   40,629 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 303 43,350 SH   SOLE   43,350 0 0
CHUBB CORP COM 171232101 1,281 10,444 SH   SOLE   10,444 0 0
CISCO SYS INC COM 17275R102 2,044 77,864 SH   SOLE   77,864 0 0
COLGATE PALMOLIVE CO COM 194162103 899 14,159 SH   SOLE   14,159 0 0
COMCAST CORP NEW CL A 20030N101 2,967 52,166 SH   SOLE   52,166 0 0
CUMMINS INC COM 231021106 1,577 14,522 SH   SOLE   14,522 0 0
DISNEY WALT CO COM DISNEY 254687106 2,049 20,050 SH   SOLE   20,050 0 0
EBAY INC COM 278642103 938 38,370 SH   SOLE   38,370 0 0
EXXON MOBIL CORP COM 30231G102 428 5,760 SH   SOLE   5,760 0 0
FEDEX CORP COM 31428X106 1,549 10,755 SH   SOLE   10,755 0 0
FOREST CITY ENTERPRISES INC CL A 345550107 3,341 165,965 SH   SOLE   165,965 0 0
GOOGLE INC CL A 38259P508 1,692 2,650 SH   SOLE   2,650 0 0
GOOGLE INC CL C 38259P706 1,580 2,597 SH   SOLE   2,597 0 0
GRAPHIC PACKAGING HLDG CO COM 388689101 405 31,640 SH   SOLE   31,640 0 0
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 276 10,590 SH   SOLE   10,590 0 0
HONDA MOTOR LTD AMERN SHS 438128308 253 8,450 SH   SOLE   8,450 0 0
ING GROEP N V SPONSORED ADR 456837103 162 11,430 SH   SOLE   11,430 0 0
INTL PAPER CO COM 460146103 1,185 31,360 SH   SOLE   31,360 0 0
IPG PHOTONICS CORP COM 44980X109 1,097 14,444 SH   SOLE   14,444 0 0
ISHARES TR SP SMCP600VL ETF 464287879 236 2,251 SH   SOLE   2,251 0 0
ISHARES TR SP SMCP600GR ETF 464287887 239 1,990 SH   SOLE   1,990 0 0
KINDER MORGAN INC DEL COM 49456B101 2,666 96,333 SH   SOLE   96,333 0 0
KT CORP SPONSORED ADR 48268K101 409 31,290 SH   SOLE   31,290 0 0
LAM RESEARCH CORP COM 512807108 2,091 32,000 SH   SOLE   32,000 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 1,681 32,215 SH   SOLE   32,215 0 0
LAZARD LTD SHS A G54050102 2,305 53,239 SH   SOLE   53,239 0 0
LENNAR CORP CL A 526057104 2,276 47,285 SH   SOLE   47,285 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 2,636 61,381 SH   SOLE   61,381 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109 147 32,030 SH   SOLE   32,030 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 418 5,011 SH   SOLE   5,011 0 0
METLIFE INC COM 59156R108 2,764 58,621 SH   SOLE   58,621 0 0
MONDELEZ INTL INC CL A 609207105 2,015 48,121 SH   SOLE   48,121 0 0
NIKE INC CL B 654106103 1,709 13,896 SH   SOLE   13,896 0 0
NOKIA CORP SPONSORED ADR 654902204 168 24,830 SH   SOLE   24,830 0 0
PAYPAL HLDGS INC COM 70450Y103 1,205 38,820 SH   SOLE   38,820 0 0
PFIZER INC COM 717081103 305 9,715 SH   SOLE   9,715 0 0
PHILLIPS 66 COM 718546104 2,438 31,730 SH   SOLE   31,730 0 0
POST HLDGS INC COM 737446104 1,703 28,820 SH   SOLE   28,820 0 0
PRAXAIR INC COM 74005P104 1,331 13,070 SH   SOLE   13,070 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 2,136 45,121 SH   SOLE   45,121 0 0
SCHLUMBERGER LTD COM 806857108 1,313 19,044 SH   SOLE   19,044 0 0
SEMPRA ENERGY COM 816851109 3,256 33,660 SH   SOLE   33,660 0 0
SHINHAN FINANCIAL GROUP CO L SPN ADR RESTRD 824596100 393 11,280 SH   SOLE   11,280 0 0
SONY CORP ADR NEW 835699307 218 8,900 SH   SOLE   8,900 0 0
SOUTHWEST AIRLS CO COM 844741108 2,565 67,435 SH   SOLE   67,435 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 249 1,297 SH   SOLE   1,297 0 0
SUNEDISON INC COM 86732Y109 121 16,840 SH   SOLE   16,840 0 0
TAUBMAN CTRS INC COM 876664103 392 5,670 SH   SOLE   5,670 0 0
TELEFONICA S A SPONSORED ADR 879382208 143 11,899 SH   SOLE   11,899 0 0
TESLA MTRS INC COM 88160R101 242 975 SH   SOLE   975 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 226 1,930 SH   SOLE   1,930 0 0
UBS GROUP AG SHS H42097107 206 11,130 SH   SOLE   11,130 0 0
V F CORP COM 918204108 1,969 28,863 SH   SOLE   28,863 0 0
VERINT SYS INC COM 92343X100 870 20,159 SH   SOLE   20,159 0 0
WABCO HLDGS INC COM 92927K102 2,114 20,165 SH   SOLE   20,165 0 0
WHIRLPOOL CORP COM 963320106 1,277 8,674 SH   SOLE   8,674 0 0
WHOLE FOODS MKT INC COM 966837106 1,844 58,255 SH   SOLE   58,255 0 0