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
Vanguard Equity-Income Admiral MFUND 921921300 254 3,956 SH   SOLE   3,956 0 0
3M Company COM 88579Y101 47,244 306,184 SH   SOLE   306,184 0 0
ACE Limited COM h0023r105 7,102 69,851 SH   SOLE   69,851 0 0
Agrium Inc. COM 008916108 293 2,762 SH   SOLE   2,762 0 0
Air Products & Chemicals Inc. COM 009158106 7,662 55,998 SH   SOLE   55,998 0 0
Alcentra Capital Corporation COM 01374T102 1,674 131,790 SH   DFND   0 131,790 0
American Capital Ltd. COM 02503Y103 3,645 268,996 SH   DFND   0 268,996 0
American Capital Senior Floati COM 02504D108 640 50,627 SH   SOLE   50,627 0 0
American Express Company COM 025816109 26,969 347,000 SH   SOLE   347,000 0 0
American International Group, COM 026874784 29,876 483,270 SH   SOLE   483,270 0 0
Analog Devices, Inc. COM 032654105 8,516 132,680 SH   SOLE   132,680 0 0
Anheuser-Busch InBev SA/NV COM 03524A108 325 2,690 SH   SOLE   2,690 0 0
Annaly Capital Management Inc. COM 035710409 3,382 368,007 SH   DFND   0 368,007 0
Apollo Investment Corp. COM 03761U106 5,248 741,239 SH   DFND   0 741,239 0
Ares Capital Corp. COM 04010L103 50,803 3,086,441 SH   DFND   0 3,086,441 0
Ares Commercial Real Estate COM 04013V108 114 10,000 SH   SOLE   10,000 0 0
Bank of Marin (CA) COM 063425102 1,851 36,392 SH   DFND   0 36,392 0
Barclays 20+ Year Treasury Bon COM 464287432 10,416 88,623 SH   SOLE   88,623 0 0
Barclays Capital High Yield Bo COM 78464A417 3,759 97,808 SH   SOLE   97,808 0 0
Becton, Dickinson and Company COM 075887109 8,338 58,860 SH   SOLE   58,860 0 0
Bed Bath & Beyond Inc COM 075896100 26,548 384,862 SH   SOLE   384,862 0 0
Berkshire Hathaway Inc. - B COM 084670702 17,930 131,733 SH   SOLE   131,733 0 0
Berkshire Hathaway Inc. - Clas COM 084670108 1,024 5 SH   SOLE   5 0 0
BlackRock Kelso Capital Corp. COM 092533108 1,768 193,435 SH   DFND   0 193,435 0
Broadridge Financial Solutions COM 11133T103 43,183 863,478 SH   SOLE   863,478 0 0
Brown & Brown Inc. COM 115236101 21,076 641,395 SH   DFND   0 641,395 0
C.H. Robinson Worldwide Inc. COM 12541W209 37,049 593,830 SH   SOLE   593,830 0 0
Capstead Mortgage Corp. COM 14067E506 1,207 108,755 SH   DFND   0 108,755 0
CF Industries Holdings Inc. COM 125269100 423 6,585 SH   SOLE   6,585 0 0
Chevron Corp. COM 166764100 52,248 541,594 SH   SOLE   541,594 0 0
Chubb Corp. COM 171232101 7,220 75,890 SH   SOLE   75,890 0 0
Cimarex Energy Co. COM 171798101 315 2,851 SH   SOLE   2,851 0 0
Cloud Peak Energy Inc COM 18911Q102 180 38,608 SH   SOLE   38,608 0 0
CM Finance Inc COM 12574Q103 2,123 155,998 SH   DFND   0 155,998 0
Colgate-Palmolive Co. COM 194162103 46,393 709,260 SH   SOLE   709,260 0 0
Commerce Bancshares, Inc. COM 200525103 7,974 170,494 SH   SOLE   170,494 0 0
Compagnie Financiere Richemont COM 204319107 10,937 1,354,431 SH   SOLE   1,354,431 0 0
Compass Diversified Holdings COM 20451Q104 2,594 158,200 SH   DFND   0 158,200 0
Compass Minerals International COM 20451N101 308 3,753 SH   SOLE   3,753 0 0
Concho Resources, Inc. COM 20605P101 345 3,033 SH   SOLE   3,033 0 0
ConocoPhillips COM 20825C104 6,177 100,580 SH   SOLE   100,580 0 0
Consumer Discret Select Sector COM 81369Y407 7,773 101,640 SH   SOLE   101,640 0 0
Consumer Staples Select Sector COM 81369Y308 4,392 92,275 SH   SOLE   92,275 0 0
Cullen Frost Bankers, Inc. COM 229899109 7,519 95,691 SH   SOLE   95,691 0 0
Culp Inc. COM 230215105 2,433 78,468 SH   DFND   0 78,468 0
CYS Investments Inc COM 12673A108 5,389 697,215 SH   DFND   0 697,215 0
Detour Gold Corp COM 250669108 164 14,244 SH   SOLE   14,244 0 0
Diageo (Adr 1:4) COM 25243Q205 49,158 423,628 SH   SOLE   423,628 0 0
Digital Realty Trust Inc. COM 253868103 38,954 584,188 SH   SOLE   584,188 0 0
Discovery Communications, Inc. COM 25470F302 26,764 861,126 SH   SOLE   861,126 0 0
Dominion Diamond Corp COM 257287102 239 17,094 SH   SOLE   17,094 0 0
Donaldson Inc COM 257651109 7,115 198,757 SH   SOLE   198,757 0 0
Dow Jones US Financial Sector COM 464287788 7,512 83,706 SH   SOLE   83,706 0 0
Dow Jones US Technology - iSha COM 464287721 11,297 107,930 SH   SOLE   107,930 0 0
Du Pont E.I. De Nemours & Com COM 263534109 37,864 592,083 SH   SOLE   592,083 0 0
Eldorado Gold Corp. COM 284902103 95 22,890 SH   SOLE   22,890 0 0
Eli Lilly & Co. COM 532457108 200 2,400 SH   SOLE   2,400 0 0
Emerson Electric Company COM 291011104 48,719 878,928 SH   SOLE   878,928 0 0
Energy Select Sector - SPDR COM 81369Y506 2,239 29,791 SH   SOLE   29,791 0 0
EOG Resources COM 26875P101 367 4,195 SH   SOLE   4,195 0 0
Expeditors International of Wa COM 302130109 26,551 575,880 SH   SOLE   575,880 0 0
Exponent Inc. COM 30214U102 1,894 42,306 SH   DFND   0 42,306 0
Express Scripts Inc. COM 30219G108 32,672 367,345 SH   SOLE   367,345 0 0
Exxon Mobil Corp. COM 30231G102 6,263 75,274 SH   SOLE   75,274 0 0
Fastenol Co. COM 311900104 39,061 926,045 SH   SOLE   926,045 0 0
FEI Company COM 30241L109 1,930 23,271 SH   SOLE   23,271 0 0
Fidelity National Financial In COM 31620R303 44,896 1,213,735 SH   SOLE   1,213,735 0 0
Fifth Street Finance Corp. COM 31678A103 1,998 305,053 SH   SOLE   305,053 0 0
FMC Corp. COM 302491303 295 5,612 SH   SOLE   5,612 0 0
Forward Air Corp. COM 349853101 1,954 37,383 SH   DFND   0 37,383 0
Franco-Nevada Corp. COM 351858105 299 6,274 SH   SOLE   6,274 0 0
Franklin Electric Co. Inc. COM 353514102 1,636 50,593 SH   DFND   0 50,593 0
Franklin Street Properties Cor COM 35471R106 424 37,500 SH   SOLE   37,500 0 0
FS Investment Corp. COM 302635107 3,379 343,416 SH   DFND   0 343,416 0
General Dynamics Corp. COM 369550108 8,556 60,387 SH   SOLE   60,387 0 0
General Electric Company COM 369604103 40,332 1,517,954 SH   SOLE   1,517,954 0 0
Gladstone Capital Corporation COM 376535100 1,533 194,045 SH   DFND   0 194,045 0
Gladstone Commercial Corp. COM 376536108 1,510 91,155 SH   DFND   0 91,155 0
Gladstone Investment Corp. COM 376546107 2,252 283,311 SH   DFND   0 283,311 0
GlaxoSmithKline Plc (Adr 1:2) COM 37733W105 38,889 933,717 SH   SOLE   933,717 0 0
Glencore Xstrata plc COM 37827X100 253 31,467 SH   SOLE   31,467 0 0
Gold Trust - iShares COM 464285105 1,057 93,243 SH   SOLE   93,243 0 0
Golub Capital BDC Inc COM 38173M102 12,161 734,361 SH   DFND   0 734,361 0
Google Class A COM 38259P508 6,452 11,947 SH   SOLE   11,947 0 0
Google Inc. - C COM 38259P706 14,411 27,687 SH   SOLE   27,687 0 0
Graco inc. COM 384109104 47,331 666,346 SH   DFND   0 666,346 0
Guggenheim BulletShares Corpor COM 18383M548 2,825 124,193 SH   SOLE   124,193 0 0
Guggenheim BulletShares Corpor COM 18383M530 2,822 132,729 SH   SOLE   132,729 0 0
Guggenheim BulletShares Corpor COM 18383M522 2,795 132,654 SH   SOLE   132,654 0 0
Guggenheim BulletShares Corpor COM 18383M514 2,799 131,864 SH   SOLE   131,864 0 0
Guggenheim BulletShares Corpor COM 18383M233 2,711 135,593 SH   SOLE   135,593 0 0
Guggenheim BulletShares Invest COM 18383M266 2,769 132,870 SH   SOLE   132,870 0 0
Guggenheim BulletShares Invest COM 18383M258 2,754 133,346 SH   SOLE   133,346 0 0
Gulf Coast Ultra Deep Royalty COM 40222T104 291 415,662 SH   SOLE   415,662 0 0
Haemonetics Corporation COM 405024100 2,021 48,873 SH   DFND   0 48,873 0
Hallador Energy Company COM 40609P105 226 27,157 SH   SOLE   27,157 0 0
Halliburton Co. COM 406216101 16,294 378,308 SH   SOLE   378,308 0 0
Halyard Health Inc COM 40650V100 1,461 36,070 SH   DFND   0 36,070 0
Harvest Capital Credit Corp COM 41753F109 715 50,922 SH   DFND   0 50,922 0
Hatteras Financial Corp. COM 41902R103 3,169 194,447 SH   DFND   0 194,447 0
Health Care Select Sector - SP COM 81369Y209 6,920 92,980 SH   SOLE   92,980 0 0
Hercules Technology Growth Cap COM 427096508 7,256 628,249 SH   DFND   0 628,249 0
High Yield Corporate Bond Fund COM 464288513 3,747 42,196 SH   SOLE   42,196 0 0
Home Depot Inc. COM 437076102 10,727 96,524 SH   SOLE   96,524 0 0
Horizon Technology COM 44045A102 3,291 259,529 SH   DFND   0 259,529 0
Illinois Tool Works Inc. COM 452308109 20,108 219,069 SH   SOLE   219,069 0 0
Industrial Select Sector - SPD COM 81369Y704 4,538 83,906 SH   SOLE   83,906 0 0
Iron Mountain COM 46284V101 39,168 1,263,494 SH   SOLE   1,263,494 0 0
iShares 10+ Year Credit Bond E COM 464289511 7,659 134,007 SH   SOLE   134,007 0 0
iShares 2017 AMT-Free Muni COM 464289271 2,427 88,378 SH   SOLE   88,378 0 0
iShares 2018 AMT-Free Muni COM 46429B580 2,435 95,393 SH   SOLE   95,393 0 0
iShares 7-10 Year Treasury Bon COM 464287440 6,200 59,043 SH   SOLE   59,043 0 0
iShares Barclays 1-3 Year Inve COM 464288646 295 2,804 SH   SOLE   2,804 0 0
iShares Corporate Bond ETF 202 COM 46432FAZ0 6,366 61,301 SH   SOLE   61,301 0 0
iShares Corporate ex Financial COM 46432FAG2 7,434 74,654 SH   SOLE   74,654 0 0
iShares Corporate ex Financial COM 46432FAK3 4,581 46,678 SH   SOLE   46,678 0 0
iShares Corporate ex Financial COM 46432FAN7 8,956 93,498 SH   SOLE   93,498 0 0
iShares GNMA Bond ETF COM 46429B333 2,734 54,693 SH   SOLE   54,693 0 0
iShares iBonds Sep 2019 Amt Fr COM 46429B564 1,113 43,904 SH   SOLE   43,904 0 0
iShares iBonds Sep 2020 Amt Fr COM 46434V571 1,596 63,203 SH   SOLE   63,203 0 0
iShares iBoxx Corporate Bond E COM 464287242 15,862 137,069 SH   SOLE   137,069 0 0
iShares Interm. Term Corporate COM 464288638 5,078 46,647 SH   SOLE   46,647 0 0
iShares MBS Bond ETF COM 464288588 2,792 25,701 SH   SOLE   25,701 0 0
iShares National AMT-Free Muni COM 464288414 1,592 14,708 SH   SOLE   14,708 0 0
iShares Residential Real Estat COM 464288562 5,760 102,815 SH   SOLE   102,815 0 0
Japan Total Divend Fund - Wisd COM 97717W851 206 3,607 SH   SOLE   3,607 0 0
John Bean Technologies Corp. COM 477839104 1,999 53,177 SH   DFND   0 53,177 0
Johnson & Johnson COM 478160104 64,480 661,606 SH   SOLE   661,606 0 0
KCAP Financial Inc COM 48668E101 3,297 551,280 SH   DFND   0 551,280 0
Kinder Morgan Inc. COM 49456B101 43,794 1,140,753 SH   SOLE   1,140,753 0 0
Kohl's Corp. COM 500255104 40,236 642,647 SH   SOLE   642,647 0 0
Kraft Foods Group, Inc. COM 50076Q106 50,238 590,067 SH   SOLE   590,067 0 0
Landstar System Inc. COM 515098101 3,787 56,636 SH   DFND   0 56,636 0
Linear Technology Corp COM 535678106 42,887 969,627 SH   SOLE   969,627 0 0
Lockheed Martin Corp COM 539830109 7,608 40,927 SH   SOLE   40,927 0 0
Lowe's Companies Inc. COM 548661107 22,340 333,579 SH   SOLE   333,579 0 0
M&T Bank Corp. COM 55261F104 7,364 58,942 SH   SOLE   58,942 0 0
Main Street Capital Corp. COM 56035L104 2,719 85,221 SH   DFND   0 85,221 0
Manatuck Hill Mariner Offshore COM 562996983 381 2,814 SH   SOLE   2,814 0 0
Marathon Oil Corp. COM 565849106 5,744 216,442 SH   SOLE   216,442 0 0
Markel Corp. COM 570535104 35,236 44,007 SH   SOLE   44,007 0 0
Market Vectors Long Municipal COM 57060U886 7,136 371,656 SH   SOLE   371,656 0 0
Martin Marietta Materials Inc. COM 573284106 44,719 316,015 SH   SOLE   316,015 0 0
Mastercard Inc. - A COM 57636Q104 21,196 226,739 SH   SOLE   226,739 0 0
Materials Select Sector - SPDR COM 81369Y100 596 12,319 SH   SOLE   12,319 0 0
Mattel Inc COM 577081102 30,290 1,179,070 SH   SOLE   1,179,070 0 0
McDonald's Corp. COM 580135101 6,997 73,598 SH   SOLE   73,598 0 0
MDU Resources Group Inc. COM 552690109 5,088 260,513 SH   SOLE   260,513 0 0
Medallion Financial Corp COM 583928106 2,530 302,964 SH   DFND   0 302,964 0
Medley Capital Corp. COM 58503F106 6,103 684,971 SH   DFND   0 684,971 0
Microsoft Corp. COM 594918104 51,071 1,156,771 SH   SOLE   1,156,771 0 0
Mohawk Industries Inc. COM 608190104 1,556 8,149 SH   SOLE   8,149 0 0
Morningstar Inc. COM 617700109 15,081 189,583 SH   DFND   0 189,583 0
MSC Industrial Direct Co. Inc COM 553530106 10,929 156,643 SH   SOLE   156,643 0 0
MTS Systems Corp. COM 553777103 1,693 24,558 SH   DFND   0 24,558 0
Mueller Industries Inc. COM 624756102 1,893 54,512 SH   DFND   0 54,512 0
Nestle SA COM 641069406 6,993 96,913 SH   SOLE   96,913 0 0
New Jersey Resources Corp. COM 646025106 7,099 257,692 SH   SOLE   257,692 0 0
New Mountain Finance Corp. COM 647551100 10,987 758,224 SH   DFND   0 758,224 0
Nike Inc. - B COM 654106103 9,218 85,333 SH   SOLE   85,333 0 0
Nordstrom Inc. COM 655664100 7,811 104,848 SH   SOLE   104,848 0 0
Northern Trust Corporation COM 665859104 51,795 677,408 SH   SOLE   677,408 0 0
Novartis AG - ADR COM 66987V109 7,929 80,631 SH   SOLE   80,631 0 0
Occidental Petroleum Corp COM 674599105 6,543 84,128 SH   SOLE   84,128 0 0
OFS Capital Corp. COM 67103B100 3,854 321,179 SH   DFND   0 321,179 0
Onebeacon Insurance Group Ltd COM G67742109 6,887 474,623 SH   DFND   0 474,623 0
Patterson Companies, Inc. COM 703395103 3,871 79,572 SH   DFND   0 79,572 0
Paychex, Inc. COM 704326107 32,339 689,832 SH   SOLE   689,832 0 0
Peabody Energy Corp. COM 704549104 59 27,020 SH   SOLE   27,020 0 0
PennantPark Floating Rate Capi COM 70806A106 1,149 82,778 SH   DFND   0 82,778 0
PennantPark Investment Corp. COM 708062104 10,035 1,142,925 SH   DFND   0 1,142,925 0
Pepsico, Inc COM 713448108 66,365 711,002 SH   SOLE   711,002 0 0
Pfizer Inc. COM 717081103 40,994 1,222,619 SH   SOLE   1,222,619 0 0
Piedmont Natural Gas Co. Inc. COM 720186105 6,661 188,630 SH   SOLE   188,630 0 0
Plum Creek Timber Co. Inc. COM 729251108 36,572 901,458 SH   SOLE   901,458 0 0
Potash Corp. of Saskatchewan I COM 73755L107 320 10,325 SH   SOLE   10,325 0 0
Potbelly Corp COM 73754Y100 1,731 141,315 SH   DFND   0 141,315 0
Praxair Inc. COM 74005P104 42,637 356,642 SH   SOLE   356,642 0 0
Precision Castparts Corp. COM 740189105 1,761 8,813 SH   SOLE   8,813 0 0
Procter & Gamble Company COM 742718109 6,998 89,444 SH   SOLE   89,444 0 0
Progressive Corp. COM 743315103 40,927 1,470,598 SH   SOLE   1,470,598 0 0
Raven Industries Inc COM 754212108 1,571 77,275 SH   DFND   0 77,275 0
Rayonier Inc. COM 754907103 37,729 1,476,654 SH   DFND   0 1,476,654 0
RE/Max Holdings COM 75524W108 10,886 306,563 SH   DFND   0 306,563 0
REIT ETF- DJ Wilshire COM 78464A607 6,307 74,747 SH   SOLE   74,747 0 0
REIT Index - Vanguard COM 922908553 6,342 84,917 SH   SOLE   84,917 0 0
Ritchie Brothers Auctioneers I COM 767744105 1,824 65,312 SH   DFND   0 65,312 0
RLI Corp. COM 749607107 1,880 36,586 SH   DFND   0 36,586 0
Royal Gold, Inc. COM 780287108 290 4,715 SH   SOLE   4,715 0 0
Rubicon Minerals Corp. COM 780911103 111 105,712 SH   SOLE   105,712 0 0
Russell 1000 Growth Index Fund COM 464287614 534 5,397 SH   SOLE   5,397 0 0
Russell 2000 Growth Index - iS COM 464287648 7,012 45,359 SH   SOLE   45,359 0 0
Russell 2000 Value Index - iSh COM 464287630 4,186 41,090 SH   SOLE   41,090 0 0
Russell Midcap Growth Index Fu COM 464287481 17,918 185,005 SH   SOLE   185,005 0 0
S&P 500 - SPDR COM 78462F103 1,653 8,027 SH   SOLE   8,027 0 0
S&P 500 Growth Index - iShares COM 464287309 529 4,645 SH   SOLE   4,645 0 0
S&P 500 Value Index - iShares COM 464287408 450 4,881 SH   SOLE   4,881 0 0
S&P MidCap 400 Growth Index Fu COM 464287606 18,445 108,819 SH   SOLE   108,819 0 0
S&P MidCap 400 Value Index Fun COM 464287705 15,564 120,687 SH   SOLE   120,687 0 0
S&P SmallCap 600 Growth Index COM 464287887 6,369 48,620 SH   SOLE   48,620 0 0
S&P SmallCap 600 Index Fund - COM 464287804 295 2,500 SH   SOLE   2,500 0 0
S&P SmallCap 600 Value Index F COM 464287879 3,961 33,637 SH   SOLE   33,637 0 0
Safeguard Scientifics New COM 786449207 1,070 55,000 SH   DFND   0 55,000 0
Saratoga Investment Corporatio COM 80349A208 256 14,936 SH   DFND   0 14,936 0
SEI Investments Company COM 784117103 8,508 173,517 SH   SOLE   173,517 0 0
Silver Wheaton Corp. COM 828336107 298 17,212 SH   SOLE   17,212 0 0
Small Cap Growth - Vanguard ET COM 922908595 6,300 46,934 SH   SOLE   46,934 0 0
Snyders-Lance Inc COM 833551104 1,994 61,804 SH   DFND   0 61,804 0
Soc Quimica Y Minera Chile (Ad COM 833635105 198 12,331 SH   SOLE   12,331 0 0
Solar Capital, LTD. COM 83413U100 7,680 426,674 SH   DFND   0 426,674 0
Solar Senior Capital Ltd. COM 83416M105 1,633 103,555 SH   DFND   0 103,555 0
Southern Company COM 842587107 43,346 1,034,518 SH   SOLE   1,034,518 0 0
SPDR Interm. Term Corporate Bo COM 78464A375 7,400 217,870 SH   SOLE   217,870 0 0
SPDR Nuveen Barclays Capital M COM 78464A458 3,616 152,442 SH   SOLE   152,442 0 0
Stellus Capital Investment COM 858568108 3,064 268,761 SH   DFND   0 268,761 0
Stonecastle Financial Corporat COM 861780104 1,204 70,000 SH   DFND   0 70,000 0
Stryker Corp. COM 863667101 39,767 416,100 SH   SOLE   416,100 0 0
T. Rowe Price Group, Inc. COM 74144T108 6,836 87,943 SH   SOLE   87,943 0 0
TCP Capital Corp COM 87238Q103 9,845 643,887 SH   DFND   0 643,887 0
Techne Corp. COM 09073M104 1,759 17,863 SH   DFND   0 17,863 0
The Clorox Company COM 189054109 7,680 73,836 SH   SOLE   73,836 0 0
The Mosaic Company COM 61945C103 296 6,312 SH   SOLE   6,312 0 0
Thermo Fisher Scientific, Inc. COM 883556102 20,372 156,995 SH   SOLE   156,995 0 0
Thermon Group Holdings Inc COM 88362T103 1,779 73,892 SH   DFND   0 73,892 0
THL Credit COM 872438106 9,803 848,703 SH   DFND   0 848,703 0
TICC Capital Corp. COM 87244T109 1,089 162,086 SH   SOLE   162,086 0 0
TJX Companies COM 872540109 26,087 394,242 SH   SOLE   394,242 0 0
Torex Gold Res Inc COM 891054108 74 82,678 SH   SOLE   82,678 0 0
TPG Specialty Lending Inc Com COM 87265K102 3,936 231,504 SH   DFND   0 231,504 0
Triangle Capital Corp COM 895848109 8,569 365,586 SH   DFND   0 365,586 0
Triplepoint Venture Growth BDC COM 89677Y100 6,739 499,949 SH   DFND   0 499,949 0
Tronox Ltd COM Q9235V101 209 14,312 SH   SOLE   14,312 0 0
United Technologies Corp. COM 913017109 24,544 221,260 SH   SOLE   221,260 0 0
Vanguard Interm. Term Corporat COM 92206C870 9,239 108,310 SH   SOLE   108,310 0 0
Vanguard Long Term Corporate B COM 92206C813 10,821 126,838 SH   SOLE   126,838 0 0
Varian Medical Systems Inc. COM 92220P105 1,613 19,127 SH   SOLE   19,127 0 0
VCA Antech Inc. COM 918194101 2,401 44,132 SH   DFND   0 44,132 0
W.R. Berkley Corp COM 084423102 21,522 414,439 SH   SOLE   414,439 0 0
W.W. Grainger, Inc. COM 384802104 6,890 29,113 SH   SOLE   29,113 0 0
Wells Fargo & Company COM 949746101 18,704 332,566 SH   SOLE   332,566 0 0
West Pharmaceutical Services, COM 955306105 1,432 24,652 SH   DFND   0 24,652 0
Weyerhaeuser Co. COM 962166104 274 8,698 SH   SOLE   8,698 0 0