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
AMEREN COM 023608102 307 5,200 SH   SOLE   5,200 0 0
AMERICAN ELECTRIC POWER COM 025537101 17,958 244,100 SH   SOLE   244,100 0 0
AMERIGAS PARTNERS-LP COM 030975106 52 1,120 SH   SOLE   1,120 0 0
AMGEN COM 031162100 16,929 97,350 SH   SOLE   97,350 0 0
APPLE COM 037833100 237 1,400 SH   SOLE   1,400 0 0
BB&T CORPORATION COM 054937107 13,385 269,200 SH   SOLE   269,200 0 0
BP ADR COM 055622104 19 459 SH   SOLE   459 0 0
BANK OF AMERICA COM 060505104 18,565 628,900 SH   SOLE   628,900 0 0
BANK OF HAWAII COM 062540109 13,806 161,100 SH   SOLE   161,100 0 0
BERKSHIRE HATHAWAY COM 084670108 298 1 SH   SOLE   1 0 0
BERKSHIRE HATHAWAY-CL B COM 084670702 98 496 SH   SOLE   496 0 0
BOEING COM 097023105 21,617 73,300 SH   SOLE   73,300 0 0
CSX COM 126408103 83 1,500 SH   SOLE   1,500 0 0
CHEVRON COM 166764100 4,826 38,550 SH   SOLE   38,550 0 0
CITIGROUP COM 172967424 14,659 197,000 SH   SOLE   197,000 0 0
COCA-COLA COM 191216100 3,707 80,800 SH   SOLE   80,800 0 0
COLGATE-PALMOLIVE COM 194162103 45 600 SH   SOLE   600 0 0
CONSOLIDATED EDISON COM 209115104 15,393 181,200 SH   SOLE   181,200 0 0
DANAHER COM 235851102 56 600 SH   SOLE   600 0 0
DEERE & CO COM 244199105 78 500 SH   SOLE   500 0 0
DIGITAL REALTY REIT COM 253868103 12,643 111,000 SH   SOLE   111,000 0 0
ECOLAB COM 278865100 121 900 SH   SOLE   900 0 0
EMERSON ELECTRIC COM 291011104 12,203 175,100 SH   SOLE   175,100 0 0
ENTERPRISE PRODUCTS PARTNERS COM 293792107 31,125 1,174,100 SH   SOLE   1,174,100 0 0
FORD MOTOR COM 345370860 2,090 167,300 SH   SOLE   167,300 0 0
GENERAL ELECTRIC COM 369604103 61 3,502 SH   SOLE   3,502 0 0
GENERAL MILLS COM 370334104 1,719 29,000 SH   SOLE   29,000 0 0
GILEAD SCIENCES COM 375558103 18,025 251,600 SH   SOLE   251,600 0 0
HOME DEPOT COM 437076102 18,763 99,000 SH   SOLE   99,000 0 0
ILLINOIS TOOL WORKS COM 452308109 67 400 SH   SOLE   400 0 0
INTEL COM 458140100 29,473 638,500 SH   SOLE   638,500 0 0
INTL BUSINESS MACHINES COM 459200101 14,007 91,300 SH   SOLE   91,300 0 0
ISHARES SELECT DIVIDEND ETF COM 464287168 148 1,500 SH   SOLE   1,500 0 0
ISHARES MSCI EMERGING MARKETS COM 464287234 42 900 SH   SOLE   900 0 0
ISHARES RUSSELL 1000 GROWTH COM 464287614 135 1,000 SH   SOLE   1,000 0 0
ISHARES IBOXX H/Y CORP BOND ETF COM 464288513 497 5,700 SH   SOLE   5,700 0 0
ISHARES BARCLAYS INTERMEDIATE COM 464288638 246 2,250 SH   SOLE   2,250 0 0
ISHARES 10-20 YEAR TREASURY COM 464288653 1,926 14,164 SH   SOLE   14,164 0 0
JACOBS ENGINEERING COM 469814107 46 700 SH   SOLE   700 0 0
JOHNSON & JOHNSON COM 478160104 1,425 10,200 SH   SOLE   10,200 0 0
KIMBERLY-CLARK COM 494368103 1,725 14,300 SH   SOLE   14,300 0 0
KRAFT HEINZ CO COM 500754106 11,174 143,700 SH   SOLE   143,700 0 0
L-3 TECHNOLOGIES COM 502413107 59 300 SH   SOLE   300 0 0
LAS VEGAS SANDS COM 517834107 18,033 259,500 SH   SOLE   259,500 0 0
ELI LILLY & CO COM 532457108 16,546 195,900 SH   SOLE   195,900 0 0
LOCKHEED MARTIN COM 539830109 37,820 117,800 SH   SOLE   117,800 0 0
MAGELLAN MIDSTREAM PARTNERS COM 559080106 27,908 393,400 SH   SOLE   393,400 0 0
MCDONALD'S COM 580135101 27,918 162,200 SH   SOLE   162,200 0 0
MICROSOFT COM 594918104 31,804 371,800 SH   SOLE   371,800 0 0
MICROCHIP TECHNOLOGY COM 595017104 448 5,100 SH   SOLE   5,100 0 0
NIKE-B COM 654106103 125 2,000 SH   SOLE   2,000 0 0
OCCIDENTAL PETROLEUM COM 674599105 2,129 28,900 SH   SOLE   28,900 0 0
ONEOK COM 682680103 11,053 206,799 SH   SOLE   206,799 0 0
PNC FINANCIAL COM 693475105 12,611 87,400 SH   SOLE   87,400 0 0
PAYCHEX COM 704326107 23,134 339,800 SH   SOLE   339,800 0 0
PEPSICO COM 713448108 180 1,500 SH   SOLE   1,500 0 0
PFIZER COM 717081103 20,113 555,290 SH   SOLE   555,290 0 0
PHILIP MORRIS COM 718172109 12,266 116,100 SH   SOLE   116,100 0 0
PHILLIPS 66 COM 718546104 13,817 136,600 SH   SOLE   136,600 0 0
PROCTER & GAMBLE COM 742718109 62 680 SH   SOLE   680 0 0
QUALCOMM COM 747525103 3,003 46,900 SH   SOLE   46,900 0 0
ROYAL BANK OF CANADA COM 780087102 13,382 163,900 SH   SOLE   163,900 0 0
CHARLES SCHWAB COM 808513105 135 2,633 SH   SOLE   2,633 0 0
SCHWAB US SMALL-CAP ETF COM 808524607 1,778 25,500 SH   SOLE   25,500 0 0
SCHWAB INTL EQUITY ETF COM 808524805 1,765 51,800 SH   SOLE   51,800 0 0
SIMON PROPERTY GROUP COM 828806109 405 2,360 SH   SOLE   2,360 0 0
SOUTHERN COMPANY COM 842587107 21,439 445,800 SH   SOLE   445,800 0 0
STARBUCKS COM 855244109 8,913 155,200 SH   SOLE   155,200 0 0
STERICYCLE COM 858912108 82 1,200 SH   SOLE   1,200 0 0
SUNTRUST BANKS COM 867914103 15,179 235,000 SH   SOLE   235,000 0 0
TEXAS INSTRUMENTS COM 882508104 27,624 264,500 SH   SOLE   264,500 0 0
THERMO FISHER SCIENTIFIC COM 883556102 133 700 SH   SOLE   700 0 0
TORONTO-DOMINION BANK COM 891160509 15,512 264,800 SH   SOLE   264,800 0 0
US BANCORP COM 902973304 14,306 267,000 SH   SOLE   267,000 0 0
UNITED PARCEL SERVICE COM 911312106 13,238 111,100 SH   SOLE   111,100 0 0
WAL-MART STORES COM 931142103 417 4,220 SH   SOLE   4,220 0 0
WELLS FARGO COM 949746101 19,542 322,100 SH   SOLE   322,100 0 0
YUM! BRANDS COM 988498101 13,213 161,900 SH   SOLE   161,900 0 0
AT&T COM 00206R102 13,585 349,400 SH   SOLE   349,400 0 0
ABBVIE COM 00287Y109 12,998 134,400 SH   SOLE   134,400 0 0
ALPHABET INC- CL C COM 02079K107 105 100 SH   SOLE   100 0 0
ALPHABET INC-CL A COM 02079K305 105 100 SH   SOLE   100 0 0
ALTRIA GROUP COM 02209S103 33,297 466,284 SH   SOLE   466,284 0 0
ANHEUSER-BUSCH INBEV-SPN COM 03524A108 8,501 76,200 SH   SOLE   76,200 0 0
ANTERO MIDSTREAM PARNTERS COM 03673L103 22,149 762,700 SH   SOLE   762,700 0 0
BCE INC COM 05534B760 15,464 322,100 SH   SOLE   322,100 0 0
CAPITAL ONE FINL COM 14040H105 196 1,969 SH   SOLE   1,969 0 0
CISCO SYSTEMS COM 17275R102 35,565 928,600 SH   SOLE   928,600 0 0
CONOCOPHILLIPS COM 20825C104 16 300 SH   SOLE   300 0 0
CORESITE REALTY CORP COM 21870Q105 14,067 123,500 SH   SOLE   123,500 0 0
COSTCO WHOLESALE COM 22160K105 18,426 99,000 SH   SOLE   99,000 0 0
CROWN CASTLE INTL CORP COM 22822V101 13,765 124,000 SH   SOLE   124,000 0 0
DEVON ENERGY COM 25179M103 33 800 SH   SOLE   800 0 0
DOWDUPONT INC COM 26078J100 14,166 198,900 SH   SOLE   198,900 0 0
DUKE ENERGY COM 26441C204 11,060 131,500 SH   SOLE   131,500 0 0
EXXON MOBIL COM 30231G102 10,652 127,356 SH   SOLE   127,356 0 0
FORTIVE CORP COM 34959J108 22 300 SH   SOLE   300 0 0
GIGAMON INC COM 37518B102 49 1,270 SH   SOLE   1,270 0 0
ITT COM 45073V108 21 400 SH   SOLE   400 0 0
ISHA CURR HEDGED MSCI EAFE COM 46434V803 196 6,600 SH   SOLE   6,600 0 0
JPMORGAN CHASE COM 46625H100 38,960 364,317 SH   SOLE   364,317 0 0
MAXIM INTEGRATED PRODUCTS COM 57772K101 22,930 438,600 SH   SOLE   438,600 0 0
MERCK & CO COM 58933Y105 19,790 351,700 SH   SOLE   351,700 0 0
MONSANTO COM 61166W101 23 200 SH   SOLE   200 0 0
NOVARTIS-ADR COM 66987V109 74 876 SH   SOLE   876 0 0
ORACLE COM 68389X105 71 1,500 SH   SOLE   1,500 0 0
PROLOGIS COM 74340W103 11,876 184,100 SH   SOLE   184,100 0 0
PUBLIC STORAGE COM 74460D109 11,600 55,500 SH   SOLE   55,500 0 0
S&P 500 DEPOSITARY RECEIPTS COM 78462F103 460 1,723 SH   SOLE   1,723 0 0
FINANCIAL SELECT SECTOR SPDR COM 81369Y605 1,775 63,605 SH   SOLE   63,605 0 0
SIX FLAGS ENTERTAINMENT COM 83001A102 12,515 188,000 SH   SOLE   188,000 0 0
SPECTRA ENERGY PARTNERS COM 84756N109 26,063 659,156 SH   SOLE   659,156 0 0
VALERO ENERGY COM 91913Y100 14,329 155,900 SH   SOLE   155,900 0 0
VERIZON COMMUNICATIONS COM 92343V104 19,245 363,600 SH   SOLE   363,600 0 0
WASTE MANAGEMENT COM 94106L109 19,487 225,800 SH   SOLE   225,800 0 0
WILLIAMS PARTNERS COM 96949L105 477 12,300 SH   SOLE   12,300 0 0
LYONDELLBASELL INDUSTRIES-CL A COM N53745100 2,228 20,200 SH   SOLE   20,200 0 0