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
First Trust Senior Loan ETF COM 33738d309 240 5,000 SH   SOLE   5,000 0 0
Invesco Financial Preferred ET COM 46137V621 1,826 100,400 SH   SOLE   100,400 0 0
Invesco Preferred Portfolio COM 46138E511 918 64,130 SH   SOLE   64,130 0 0
IShares Core U S Aggregate Bon COM 464287226 1,181 11,196 SH   SOLE   11,196 0 0
IShares IBoxx Investment Grade COM 464287242 1,398 12,161 SH   SOLE   12,161 0 0
IShares Preferred Stock ETF COM 464288687 1,006 27,095 SH   SOLE   27,095 0 0
Vanguard Short Term Corporate COM 92206C409 362 4,630 SH   SOLE   4,630 0 0
American Tower Corp COM 03027X100 30,255 208,225 SH   SOLE   197,905 0 10,320
American Tower Corp COM 03027X100 9,284 63,896 SH   DFND 1 63,896 0 0
Crown Castle International Cor COM 22822V101 23,833 214,079 SH   SOLE   200,569 0 13,510
Crown Castle International Cor COM 22822V101 6,268 56,300 SH   DFND 1 56,300 0 0
Essex Property Trust Inc COM 297178105 1,034 4,191 SH   SOLE   4,191 0 0
Iron Mountain Inc COM 46284v101 234 6,771 SH   SOLE   6,771 0 0
Prologis Inc COM 74340W103 8,884 131,052 SH   SOLE   130,702 0 350
Prologis Inc COM 74340W103 1,803 26,600 SH   DFND 1 26,600 0 0
Taubman Centers Inc COM 876664103 216 3,618 SH   SOLE   3,618 0 0
UDR Inc COM 902653104 594 14,701 SH   SOLE   14,701 0 0
Washington Real Estate Investm COM 939653101 590 19,263 SH   SOLE   19,263 0 0
Welltower Inc COM 95040Q104 248 3,849 SH   SOLE   3,849 0 0
Weyerhaeuser Co COM 962166104 19,853 615,208 SH   SOLE   578,703 0 36,505
Weyerhaeuser Co COM 962166104 4,815 149,210 SH   DFND 1 149,210 0 0
BP PLC Sponsored ADR ADR 055622104 1,163 25,227 SH   SOLE   25,227 0 0
BP PLC Sponsored ADR ADR 055622104 692 15,000 SH   DFND 1 15,000 0 0
GlaxoSmithkline PLC ADR ADR 37733W105 10,928 272,033 SH   SOLE   272,033 0 0
GlaxoSmithkline PLC ADR ADR 37733W105 7,785 193,800 SH   DFND 1 193,800 0 0
HSBC Holdings PLC ADS ADR 404280406 260 5,903 SH   SOLE   5,903 0 0
Novartis AG Sponsored ADR ADR 66987V109 861 9,994 SH   SOLE   9,994 0 0
Novo Nordisk AS Sponsored ADR ADR 670100205 441 9,360 SH   SOLE   9,360 0 0
Royal Dutch Shell PLC Cl A Spo ADR 780259206 37,421 549,172 SH   SOLE   521,787 0 27,385
Royal Dutch Shell PLC Cl A Spo ADR 780259206 16,039 235,390 SH   DFND 1 235,390 0 0
SAP SE ADR ADR 803054204 24,258 197,216 SH   SOLE   196,488 0 728
SAP SE ADR ADR 803054204 7,266 59,070 SH   DFND 1 59,070 0 0
Siemens A G Sponsored ADR ADR 826197501 1,755 27,478 SH   SOLE   26,618 0 860
Vodafone Group Inc ADR 92857W308 1,631 75,160 SH   SOLE   75,160 0 0
Vodafone Group Inc ADR 92857W308 321 14,790 SH   DFND 1 14,790 0 0
WPP Group PLC Spon ADR ADR 92937A102 222 3,024 SH   SOLE   3,024 0 0
3M CO COM 88579Y101 46,726 221,754 SH   SOLE   221,394 0 360
3M CO COM 88579Y101 7,185 34,100 SH   DFND 1 34,100 0 0
A T & T Inc COM 00206R102 23,608 703,026 SH   SOLE   658,370 0 44,656
A T & T Inc COM 00206R102 4,609 137,255 SH   DFND 1 137,255 0 0
Abbott Laboratories COM 002824100 6,566 89,504 SH   SOLE   88,633 0 871
Abbvie Inc COM 00287Y109 1,701 17,981 SH   SOLE   17,981 0 0
Accenture Ltd Cl A COM G1151C101 582 3,419 SH   SOLE   3,099 0 320
Aeroviroment Inc COM 008073108 224 2,000 SH   SOLE   2,000 0 0
AES Corp COM 00130H105 246 17,606 SH   SOLE   17,606 0 0
Air Lease Corp COM 00912x302 29,583 644,785 SH   SOLE   604,579 0 40,206
Air Lease Corp COM 00912x302 10,268 223,810 SH   DFND 1 223,810 0 0
Air Products & Chemicals Inc COM 009158106 326 1,952 SH   SOLE   1,952 0 0
Alleghany Corp COM 017175100 464 711 SH   SOLE   711 0 0
Allstate Corp COM 020002101 5,881 59,580 SH   SOLE   57,900 0 1,680
Alphabet Inc Cl A COM 02079k305 31,881 26,412 SH   SOLE   24,329 0 2,083
Alphabet Inc Cl A COM 02079k305 6,277 5,200 SH   DFND 1 5,200 0 0
Alphabet Inc Cl C COM 02079k107 25,988 21,775 SH   SOLE   21,078 0 697
Alphabet Inc Cl C COM 02079k107 5,638 4,724 SH   DFND 1 4,724 0 0
Altria Group Inc COM 02209S103 3,769 62,486 SH   SOLE   62,486 0 0
Amazon.Com Inc COM 023135106 45,114 22,523 SH   SOLE   20,679 0 1,844
Amazon.Com Inc COM 023135106 11,167 5,575 SH   DFND 1 5,575 0 0
American Electric Power Inc COM 025537101 281 3,965 SH   SOLE   3,965 0 0
American Express Co COM 025816109 19,683 184,833 SH   SOLE   184,318 0 515
American Express Co COM 025816109 14,387 135,100 SH   DFND 1 135,100 0 0
Ameriprise Financial Inc COM 03076C106 4,175 28,275 SH   SOLE   28,275 0 0
Ameriprise Financial Inc COM 03076C106 5,758 38,995 SH   DFND 1 38,995 0 0
Amphenol Corp Cl A COM 032095101 282 3,000 SH   SOLE   3,000 0 0
Anadarko Petroleum Corp COM 032511107 4,711 69,886 SH   SOLE   66,625 0 3,261
Apple Inc COM 037833100 46,087 204,161 SH   SOLE   187,355 0 16,806
Apple Inc COM 037833100 7,903 35,010 SH   DFND 1 35,010 0 0
Automatic Data Processing Inc COM 053015103 729 4,836 SH   SOLE   4,836 0 0
Avangrid Inc COM 05351W103 240 4,999 SH   SOLE   4,999 0 0
Bank Of America Corp COM 060505104 6,078 206,327 SH   SOLE   157,761 0 48,566
Bank Of America Corp COM 060505104 2,975 101,000 SH   DFND 1 101,000 0 0
Bank Of Montreal COM 063671101 322 3,899 SH   SOLE   3,899 0 0
Bank Of New York Mellon Corp COM 064058100 6,586 129,164 SH   SOLE   128,049 0 1,115
Baxter International Inc COM 071813109 1,596 20,709 SH   SOLE   18,023 0 2,686
Becton Dickinson & Co COM 075887109 1,566 6,000 SH   SOLE   6,000 0 0
Berkshire Hathaway Inc Cl A COM 084670108 2,880 9 SH   SOLE   9 0 0
Berkshire Hathaway Inc Cl A COM 084670108 1,280 4 SH   DFND 1 4 0 0
Berkshire Hathaway Inc Cl B COM 084670702 184,855 863,363 SH   SOLE   853,841 0 9,522
Berkshire Hathaway Inc Cl B COM 084670702 19,981 93,323 SH   DFND 1 93,323 0 0
Black Knight Financial Service COM 09215C105 332 6,397 SH   SOLE   6,397 0 0
BlackRock Inc COM 09247x101 229 485 SH   SOLE   485 0 0
Blackstone Group LP COM 09253U108 343 9,005 SH   SOLE   1,830 0 7,175
Boeing Co COM 097023105 436 1,172 SH   SOLE   1,172 0 0
Bristol-Myers Squibb Co COM 110122108 3,959 63,768 SH   SOLE   63,768 0 0
Broadcom Inc COM 11135F101 26,318 106,669 SH   SOLE   99,080 0 7,589
Broadcom Inc COM 11135F101 7,424 30,090 SH   DFND 1 30,090 0 0
Brookfield Asset Management Cl COM 112585104 1,521 34,155 SH   SOLE   34,155 0 0
Buckeye Partners L P COM 118230101 223 6,236 SH   SOLE   6,236 0 0
Cabot Corp COM 127055101 301 4,800 SH   SOLE   4,800 0 0
Cabot Oil & Gas Corp COM 127097103 604 26,800 SH   SOLE   26,800 0 0
Carnival Corp COM 143658300 19,916 312,303 SH   SOLE   289,795 0 22,508
Carnival Corp COM 143658300 4,668 73,200 SH   DFND 1 73,200 0 0
Caterpillar Inc COM 149123101 1,693 11,100 SH   SOLE   11,100 0 0
CBS Corp Cl B COM 124857202 22,031 383,475 SH   SOLE   355,327 0 28,148
CBS Corp Cl B COM 124857202 4,487 78,100 SH   DFND 1 78,100 0 0
Celgene Corp COM 151020104 12,855 143,643 SH   SOLE   129,964 0 13,679
Celgene Corp COM 151020104 2,670 29,840 SH   DFND 1 29,840 0 0
Cerner Corp COM 156782104 91 1,415 SH   SOLE   740 0 675
Cerner Corp COM 156782104 557 8,640 SH   DFND 1 8,640 0 0
Chevron Corp COM 166764100 12,532 102,488 SH   SOLE   89,540 0 12,948
Chubb Ltd COM H1467J104 9,448 70,698 SH   SOLE   59,797 0 10,901
Chubb Ltd COM H1467J104 454 3,400 SH   DFND 1 3,400 0 0
Cisco Systems Inc COM 17275R102 2,444 50,235 SH   SOLE   15,235 0 35,000
Citigroup Inc COM 172967424 19,417 270,664 SH   SOLE   251,401 0 19,263
Citigroup Inc COM 172967424 4,093 57,050 SH   DFND 1 57,050 0 0
Coca Cola Co COM 191216100 2,772 60,007 SH   SOLE   60,007 0 0
Coca Cola Co COM 191216100 23 500 SH   DFND 1 500 0 0
Colgate Palmolive Co COM 194162103 19,913 297,438 SH   SOLE   295,838 0 1,600
Colgate Palmolive Co COM 194162103 11,750 175,500 SH   DFND 1 175,500 0 0
Comcast Corp Cl A COM 20030N101 35,900 1,013,842 SH   SOLE   975,626 0 38,216
Comcast Corp Cl A COM 20030N101 20,744 585,834 SH   DFND 1 585,834 0 0
ConocoPhillips COM 20825C104 16,770 216,673 SH   SOLE   192,661 0 24,012
ConocoPhillips COM 20825C104 5,142 66,440 SH   DFND 1 66,440 0 0
Consolidated Edison Inc COM 209115104 299 3,920 SH   SOLE   3,920 0 0
Contrafect Corp COM 212326102 31 15,000 SH   SOLE   15,000 0 0
Corning Inc COM 219350105 565 16,006 SH   SOLE   16,006 0 0
Costco Wholesale Corp COM 22160K105 4,651 19,801 SH   SOLE   19,536 0 265
CVS Health Corp COM 126650100 23,279 295,721 SH   SOLE   274,223 0 21,498
CVS Health Corp COM 126650100 5,128 65,140 SH   DFND 1 65,140 0 0
Danaher Corp COM 235851102 4,363 40,151 SH   SOLE   38,845 0 1,306
Disney Walt Co COM 254687106 165,759 1,417,474 SH   SOLE   1,401,476 0 15,998
Disney Walt Co COM 254687106 70,815 605,570 SH   DFND 1 605,570 0 0
Dominion Energy Inc COM 25746U109 907 12,906 SH   SOLE   12,906 0 0
DowDuPont Inc COM 26078J100 11,926 185,451 SH   SOLE   160,951 0 24,500
DTE Energy Company COM 233331107 224 2,050 SH   SOLE   2,050 0 0
Duke Energy Corp COM 26441C204 297 3,713 SH   SOLE   3,713 0 0
Eaton Corp PLC COM G29183103 204 2,351 SH   SOLE   696 0 1,655
Eli Lilly & Co COM 532457108 21,155 197,140 SH   SOLE   197,140 0 0
Eli Lilly & Co COM 532457108 11,911 111,000 SH   DFND 1 111,000 0 0
Emerson Electric Co COM 291011104 825 10,775 SH   SOLE   10,775 0 0
Encana Corp COM 292505104 147 11,195 SH   SOLE   8,995 0 2,200
Enterprise Products Partners L COM 293792107 452 15,738 SH   SOLE   15,738 0 0
Exelon Corp COM 30161N101 354 8,100 SH   SOLE   8,100 0 0
Express Scripts Holding Co COM 30219G108 1,414 14,887 SH   SOLE   14,887 0 0
Exxon Mobil Corp COM 30231G102 9,230 108,568 SH   SOLE   107,503 0 1,065
Exxon Mobil Corp COM 30231G102 85 1,000 SH   DFND 1 1,000 0 0
Facebook Inc Cl A COM 30303M102 23,605 143,528 SH   SOLE   135,094 0 8,434
Facebook Inc Cl A COM 30303M102 8,290 50,410 SH   DFND 1 50,410 0 0
Fedex Corp COM 31428X106 36,748 152,615 SH   SOLE   146,194 0 6,421
Fedex Corp COM 31428X106 9,721 40,370 SH   DFND 1 40,370 0 0
Fidelity National Financial Cl COM 31620R303 626 15,915 SH   SOLE   15,915 0 0
Fidelity National Information COM 31620M106 10,342 94,816 SH   SOLE   92,910 0 1,906
General Dynamics Corp COM 369550108 736 3,595 SH   SOLE   3,595 0 0
General Electric Co COM 369604103 896 79,350 SH   SOLE   79,350 0 0
General Electric Co COM 369604103 226 20,000 SH   DFND 1 20,000 0 0
Gilead Sciences Inc COM 375558103 1,418 18,361 SH   SOLE   17,451 0 910
Global Payments Inc COM 37940X102 260 2,040 SH   SOLE   2,040 0 0
Goldman Sachs Group Inc COM 38141G104 1,223 5,454 SH   SOLE   454 0 5,000
Halliburton Co COM 406216101 805 19,860 SH   SOLE   19,860 0 0
Hartford Financial Services Gr COM 416515104 19,708 394,483 SH   SOLE   393,618 0 865
Hartford Financial Services Gr COM 416515104 6,805 136,199 SH   DFND 1 136,199 0 0
Hess Corp COM 42809H107 7,669 107,141 SH   SOLE   107,141 0 0
Hess Corp COM 42809H107 6,557 91,600 SH   DFND 1 91,600 0 0
HollyFrontier Corp COM 436106108 489 7,000 SH   SOLE   7,000 0 0
Home Depot Inc COM 437076102 4,800 23,174 SH   SOLE   16,774 0 6,400
Honeywell International Inc COM 438516106 49,651 298,381 SH   SOLE   288,535 0 9,846
Honeywell International Inc COM 438516106 8,377 50,340 SH   DFND 1 50,340 0 0
Illinois Tool Works COM 452308109 20,289 143,774 SH   SOLE   143,774 0 0
Illinois Tool Works COM 452308109 7,536 53,400 SH   DFND 1 53,400 0 0
Illumina Inc COM 452327109 294 800 SH   SOLE   800 0 0
Intel Corp COM 458140100 23,433 495,520 SH   SOLE   461,796 0 33,724
Intel Corp COM 458140100 4,730 100,020 SH   DFND 1 100,020 0 0
Intercontinental Exchange Inc COM 45866F104 1,473 19,675 SH   SOLE   3,400 0 16,275
International Business Machine COM 459200101 16,530 109,317 SH   SOLE   98,752 0 10,565
International Business Machine COM 459200101 3,432 22,700 SH   DFND 1 22,700 0 0
International Paper Co COM 460146103 1,475 30,000 SH   SOLE   30,000 0 0
International Paper Co COM 460146103 690 14,040 SH   DFND 1 14,040 0 0
InterXion Holding NV COM N47279109 1,952 29,000 SH   SOLE   0 0 29,000
J P Morgan Chase & Co COM 46625H100 29,127 258,125 SH   SOLE   241,411 0 16,714
J P Morgan Chase & Co COM 46625H100 4,850 42,980 SH   DFND 1 42,980 0 0
Janus Henderson Group PLC COM G4474Y214 431 16,000 SH   SOLE   16,000 0 0
John Wiley & Sons Inc Cl A COM 968223206 1,367 22,559 SH   SOLE   22,559 0 0
Johnson & Johnson Co COM 478160104 94,186 681,671 SH   SOLE   670,323 0 11,348
Johnson & Johnson Co COM 478160104 16,883 122,190 SH   DFND 1 122,190 0 0
Kansas City Southern Industrie COM 485170302 24,138 213,080 SH   SOLE   212,575 0 505
Kansas City Southern Industrie COM 485170302 8,201 72,400 SH   DFND 1 72,400 0 0
Kraft Heinz Co COM 500754106 599 10,868 SH   SOLE   10,868 0 0
Laboratory Corp America Holdin COM 50540R409 28,422 163,643 SH   SOLE   154,027 0 9,616
Laboratory Corp America Holdin COM 50540R409 8,505 48,970 SH   DFND 1 48,970 0 0
Lexicon Genetics Inc COM 528872302 113 10,618 SH   SOLE   10,618 0 0
Lockheed Martin Corp COM 539830109 5,158 14,908 SH   SOLE   14,908 0 0
Loews Corp COM 540424108 1,047 20,850 SH   SOLE   20,850 0 0
Lowes Cos Inc COM 548661107 2,052 17,870 SH   SOLE   2,870 0 15,000
Marathon Petroleum Corp COM 56585A102 400 5,000 SH   SOLE   5,000 0 0
Markel Corp COM 570535104 238 200 SH   SOLE   200 0 0
Mastercard Inc Class A COM 57636q104 4,171 18,737 SH   SOLE   4,737 0 14,000
McDonalds Corp COM 580135101 1,873 11,199 SH   SOLE   11,139 0 60
Medtronic PLC COM G5960L103 25,315 257,346 SH   SOLE   240,074 0 17,272
Medtronic PLC COM G5960L103 7,391 75,130 SH   DFND 1 75,130 0 0
Merck & Co Inc COM 58933Y105 27,221 383,715 SH   SOLE   357,089 0 26,626
Merck & Co Inc COM 58933Y105 6,564 92,530 SH   DFND 1 92,530 0 0
Metlife Inc COM 59156R108 14,191 303,756 SH   SOLE   278,712 0 25,044
Metlife Inc COM 59156R108 2,861 61,240 SH   DFND 1 61,240 0 0
Microsoft Corp COM 594918104 9,758 85,319 SH   SOLE   82,219 0 3,100
Mondelez International Inc COM 609207105 11,304 263,130 SH   SOLE   226,632 0 36,498
Morgan Stanley COM 617446448 1,321 28,364 SH   SOLE   5,364 0 23,000
Newell Brands Inc COM 651229106 416 20,491 SH   SOLE   20,316 0 175
News Corp New Cl A COM 65249B109 45 3,410 SH   SOLE   3,410 0 0
News Corp New Cl A COM 65249B109 135 10,230 SH   DFND 1 10,230 0 0
NextEra Energy Inc COM 65339F101 855 5,103 SH   SOLE   5,103 0 0
Nike Inc Cl B COM 654106103 668 7,890 SH   SOLE   7,890 0 0
Norfolk Southern Corp COM 655844108 8,852 49,040 SH   SOLE   49,040 0 0
Norfolk Southern Corp COM 655844108 6,173 34,200 SH   DFND 1 34,200 0 0
Northern Trust Corp COM 665859104 613 6,000 SH   SOLE   6,000 0 0
Occidental Petroleum Corp COM 674599105 284 3,455 SH   SOLE   3,455 0 0
Palo Alto Networks Inc COM 697435105 29,210 129,673 SH   SOLE   120,155 0 9,518
Palo Alto Networks Inc COM 697435105 6,713 29,800 SH   DFND 1 29,800 0 0
PayPal Holdings Inc COM 70450Y103 40,876 465,342 SH   SOLE   440,091 0 25,251
PayPal Holdings Inc COM 70450Y103 10,476 119,260 SH   DFND 1 119,260 0 0
Pepsico Inc COM 713448108 92,365 826,161 SH   SOLE   811,536 0 14,625
Pepsico Inc COM 713448108 35,233 315,140 SH   DFND 1 315,140 0 0
Pfizer Inc COM 717081103 13,565 307,798 SH   SOLE   268,431 0 39,367
Pfizer Inc COM 717081103 591 13,410 SH   DFND 1 13,410 0 0
Philip Morris International In COM 718172109 3,245 39,794 SH   SOLE   39,794 0 0
Phillips 66 COM 718546104 251 2,225 SH   SOLE   2,225 0 0
PPL Corp COM 69351T106 252 8,600 SH   SOLE   8,600 0 0
Praxair Inc COM 74005P104 271 1,688 SH   SOLE   1,688 0 0
Procter & Gamble Co COM 742718109 9,558 114,841 SH   SOLE   114,091 0 750
Procter & Gamble Co COM 742718109 11,153 134,000 SH   DFND 1 134,000 0 0
QEP Resources Inc COM 74733V100 245 21,600 SH   SOLE   21,600 0 0
Qualcomm Inc COM 747525103 691 9,597 SH   SOLE   4,457 0 5,140
Quest Diagnostics Inc COM 74834L100 484 4,485 SH   SOLE   4,000 0 485
Raytheon Co COM 755111507 37,068 179,368 SH   SOLE   178,337 0 1,031
Raytheon Co COM 755111507 10,753 52,030 SH   DFND 1 52,030 0 0
Robert Half International Inc COM 770323103 471 6,690 SH   SOLE   6,050 0 640
Rockwell Collins Inc COM 774341101 3,267 23,261 SH   SOLE   23,026 0 235
Rockwell Collins Inc COM 774341101 1,629 11,600 SH   DFND 1 11,600 0 0
Royal Bank Of Canada COM 780087102 498 6,210 SH   SOLE   6,210 0 0
Schlumberger Ltd COM 806857108 22,111 362,956 SH   SOLE   340,149 0 22,807
Schlumberger Ltd COM 806857108 3,600 59,100 SH   DFND 1 59,100 0 0
Southern Co COM 842587107 282 6,478 SH   SOLE   6,478 0 0
Starbucks Corp COM 855244109 6,663 117,221 SH   SOLE   115,956 0 1,265
State Street Corp COM 857477103 223 2,662 SH   SOLE   2,662 0 0
Stryker Corp COM 863667101 5,041 28,369 SH   SOLE   27,308 0 1,061
SVB Financial Group COM 78486Q101 653 2,100 SH   SOLE   2,100 0 0
Synchrony Financial COM 87165b103 598 19,239 SH   SOLE   19,239 0 0
Target Corp COM 87612E106 262 2,971 SH   SOLE   2,971 0 0
Thermo Fisher Scientific Inc COM 883556102 27,494 112,644 SH   SOLE   103,716 0 8,928
Thermo Fisher Scientific Inc COM 883556102 7,427 30,430 SH   DFND 1 30,430 0 0
TJX Cos Inc COM 872540109 6,385 57,000 SH   SOLE   40,000 0 17,000
Torchmark Corp COM 891027104 6,242 72,009 SH   SOLE   72,009 0 0
Torchmark Corp COM 891027104 6,242 72,004 SH   DFND 1 72,004 0 0
Toronto Dominion Bank COM 891160509 200 3,295 SH   SOLE   3,295 0 0
Twenty-First Century Fox Inc C COM 90130A101 1,789 38,615 SH   SOLE   37,490 0 1,125
Twenty-First Century Fox Inc C COM 90130A101 1,896 40,920 SH   DFND 1 40,920 0 0
Union Pacific Corp COM 907818108 69,475 426,672 SH   SOLE   415,419 0 11,253
Union Pacific Corp COM 907818108 27,758 170,470 SH   DFND 1 170,470 0 0
United Parcel Service Inc Cl B COM 911312106 23,171 198,463 SH   SOLE   184,704 0 13,759
United Parcel Service Inc Cl B COM 911312106 5,428 46,490 SH   DFND 1 46,490 0 0
United Technologies Corp COM 913017109 37,107 265,412 SH   SOLE   253,115 0 12,297
United Technologies Corp COM 913017109 8,580 61,370 SH   DFND 1 61,370 0 0
US Bancorp COM 902973304 218 4,119 SH   SOLE   4,119 0 0
Varian Medical Systems Inc COM 92220P105 1,225 10,940 SH   SOLE   10,515 0 425
Vectren Corp COM 92240G101 225 3,147 SH   SOLE   3,147 0 0
Verizon Communications COM 92343V104 1,826 34,210 SH   SOLE   34,210 0 0
Visa Inc Cl A COM 92826C839 3,224 21,480 SH   SOLE   1,050 0 20,430
Vulcan Materials Co COM 929160109 12,301 110,619 SH   SOLE   109,399 0 1,220
Vulcan Materials Co COM 929160109 3,486 31,350 SH   DFND 1 31,350 0 0
Wal Mart Stores Inc COM 931142103 467 4,971 SH   SOLE   4,971 0 0
Wells Fargo & Co COM 949746101 1,574 29,951 SH   SOLE   29,951 0 0
White Mountains Insurance Grou COM G9618E107 737 788 SH   SOLE   788 0 0
Xilinx Inc COM 983919101 1,603 20,000 SH   SOLE   0 0 20,000
Yum Brands Inc COM 988498101 11,697 128,664 SH   SOLE   127,639 0 1,025
Yum Brands Inc COM 988498101 13,637 150,000 SH   DFND 1 150,000 0 0
Yum China Holdings Inc COM 98850P109 4,583 130,519 SH   SOLE   129,919 0 600
Yum China Holdings Inc COM 98850P109 5,267 150,000 SH   DFND 1 150,000 0 0
Consumer Staples Select Sector COM 81369y308 846 15,690 SH   SOLE   0 0 15,690
Financial Sector SPDR COM 81369Y605 493 17,882 SH   SOLE   17,882 0 0
Invesco QQQ Trust COM 46090E103 3,198 17,211 SH   SOLE   17,211 0 0
IShares Dow Jones Select Divid COM 464287168 381 3,817 SH   SOLE   3,817 0 0
IShares Russell 1000 Growth ET COM 464287614 442 2,832 SH   SOLE   2,832 0 0
IShares Russell 2000 Growth ET COM 464287648 309 1,436 SH   SOLE   1,436 0 0
IShares S&P MidCap 400 Index F COM 464287507 282 1,400 SH   SOLE   1,400 0 0
IShares S&P SmallCap 600 Index COM 464287804 296 3,392 SH   SOLE   3,392 0 0
IShares Trust MSCI EAFE ETF COM 464287465 749 11,013 SH   SOLE   11,013 0 0
IShares Trust Nasdaq Biotechno COM 464287556 311 2,550 SH   SOLE   2,550 0 0
Schwab Emerging Markets Equity COM 808524706 8,654 336,605 SH   SOLE   327,304 0 9,301
Schwab International Equity ET COM 808524805 25,810 769,773 SH   SOLE   769,123 0 650
Schwab US Large Cap ETF COM 808524201 2,689 38,655 SH   SOLE   38,655 0 0
Schwab US Small Cap ETF COM 808524607 19,497 255,973 SH   SOLE   248,973 0 7,000
SPDR MSCI All Country World Ex COM 78463X848 1,555 41,627 SH   SOLE   41,627 0 0
SPDR S&P 500 ETF Trust COM 78462F103 11,571 39,801 SH   SOLE   39,790 0 11
Technology Sector SPDR COM 81369Y803 5,408 71,786 SH   SOLE   71,738 0 48
Van Eck Vectors Semiconductor COM 92189F676 623 5,850 SH   SOLE   5,850 0 0
Vanguard Emerging Market Viper COM 922042858 351 8,549 SH   SOLE   8,549 0 0