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 241 5,000 SH   SOLE   5,000 0 0
IShares Core U S Aggregate Bon COM 464287226 1,784 16,281 SH   SOLE   16,281 0 0
IShares IBoxx Investment Grade COM 464287242 2,090 17,240 SH   SOLE   17,240 0 0
IShares Preferred Stock ETF COM 464288687 2,157 55,591 SH   SOLE   55,591 0 0
PowerShares Financial Preferre COM 73935x229 3,521 185,600 SH   SOLE   185,600 0 0
Powershares Preferred Portfoli COM 73936t565 2,001 133,130 SH   SOLE   133,130 0 0
American Tower Corp COM 03027X100 28,514 208,617 SH   SOLE   204,097 0 4,520
American Tower Corp COM 03027X100 8,606 62,966 SH   DFND 1 62,966 0 0
Crown Castle International Cor COM 22822V101 20,696 206,997 SH   SOLE   193,467 0 13,530
Crown Castle International Cor COM 22822V101 5,609 56,100 SH   DFND 1 56,100 0 0
Essex Property Trust Inc COM 297178105 1,090 4,291 SH   SOLE   4,291 0 0
Iron Mountain Inc COM 46284v101 260 6,696 SH   SOLE   6,696 0 0
UDR Inc COM 902653104 559 14,701 SH   SOLE   14,701 0 0
Washington Real Estate Investm COM 939653101 631 19,263 SH   SOLE   19,263 0 0
Weyerhaeuser Co COM 962166104 20,398 599,401 SH   SOLE   563,816 0 35,585
Weyerhaeuser Co COM 962166104 5,037 148,020 SH   DFND 1 148,020 0 0
BP PLC Sponsored ADR ADR 055622104 886 23,043 SH   SOLE   23,043 0 0
BP PLC Sponsored ADR ADR 055622104 576 15,000 SH   DFND 1 15,000 0 0
GlaxoSmithkline PLC ADR ADR 37733W105 11,544 284,341 SH   SOLE   275,216 0 9,125
GlaxoSmithkline PLC ADR ADR 37733W105 7,868 193,800 SH   DFND 1 193,800 0 0
HSBC Holdings PLC ADS ADR 404280406 218 4,405 SH   SOLE   4,405 0 0
National Grid PLC Sponsored AD ADR 636274409 262 4,170 SH   SOLE   4,170 0 0
Novartis AG Sponsored ADR ADR 66987V109 1,040 12,109 SH   SOLE   12,109 0 0
Novo Nordisk AS Sponsored ADR ADR 670100205 463 9,625 SH   SOLE   9,625 0 0
Royal Dutch Shell PLC Cl A Spo ADR 780259206 30,719 507,074 SH   SOLE   479,949 0 27,125
Royal Dutch Shell PLC Cl A Spo ADR 780259206 14,187 234,180 SH   DFND 1 234,180 0 0
SAP SE ADR ADR 803054204 22,520 205,385 SH   SOLE   204,944 0 441
SAP SE ADR ADR 803054204 6,342 57,840 SH   DFND 1 57,840 0 0
Siemens A G Sponsored ADR ADR 826197501 2,214 31,300 SH   SOLE   30,440 0 860
Vodafone Group Inc ADR 92857W308 9,161 321,903 SH   SOLE   281,492 0 40,411
Vodafone Group Inc ADR 92857W308 304 10,680 SH   DFND 1 10,680 0 0
WPP Group PLC Spon ADR ADR 92937A102 281 3,024 SH   SOLE   3,024 0 0
3M CO COM 88579Y101 47,598 226,765 SH   SOLE   226,765 0 0
3M CO COM 88579Y101 7,158 34,100 SH   DFND 1 34,100 0 0
A T & T Inc COM 00206R102 6,136 156,652 SH   SOLE   122,058 0 34,594
Abbott Laboratories COM 002824100 1,880 35,226 SH   SOLE   35,226 0 0
Abbvie Inc COM 00287Y109 1,528 17,190 SH   SOLE   17,190 0 0
Accenture Ltd Cl A COM G1151C101 478 3,539 SH   SOLE   3,314 0 225
AES Corp COM 00130H105 123 11,185 SH   SOLE   11,185 0 0
Air Lease Corp COM 00912x302 26,599 624,089 SH   SOLE   584,595 0 39,494
Air Lease Corp COM 00912x302 9,411 220,820 SH   DFND 1 220,820 0 0
Air Products & Chemicals Inc COM 009158106 295 1,952 SH   SOLE   1,952 0 0
Alleghany Corp COM 017175100 843 1,521 SH   SOLE   1,521 0 0
Allstate Corp COM 020002101 6,297 68,510 SH   SOLE   66,950 0 1,560
Alphabet Inc Cl A COM 02079k305 25,671 26,364 SH   SOLE   24,308 0 2,056
Alphabet Inc Cl A COM 02079k305 4,946 5,080 SH   DFND 1 5,080 0 0
Alphabet Inc Cl C COM 02079k107 26,893 28,040 SH   SOLE   26,078 0 1,962
Alphabet Inc Cl C COM 02079k107 4,531 4,724 SH   DFND 1 4,724 0 0
Altria Group Inc COM 02209S103 4,181 65,918 SH   SOLE   65,918 0 0
Amazon.Com Inc COM 023135106 21,144 21,994 SH   SOLE   19,759 0 2,235
Amazon.Com Inc COM 023135106 5,292 5,505 SH   DFND 1 5,505 0 0
American Electric Power Inc COM 025537101 279 3,965 SH   SOLE   3,965 0 0
American Express Co COM 025816109 19,005 210,093 SH   SOLE   209,608 0 485
American Express Co COM 025816109 12,945 143,100 SH   DFND 1 143,100 0 0
American International Group I COM 026874784 10,162 165,535 SH   SOLE   135,858 0 29,677
American International Group I COM 026874784 332 5,400 SH   DFND 1 5,400 0 0
Ameriprise Financial Inc COM 03076C106 4,199 28,275 SH   SOLE   28,275 0 0
Ameriprise Financial Inc COM 03076C106 5,791 38,995 SH   DFND 1 38,995 0 0
Amgen Inc COM 031162100 558 2,992 SH   SOLE   2,992 0 0
Amphenol Corp Cl A COM 032095101 254 3,000 SH   SOLE   3,000 0 0
Anadarko Petroleum Corp COM 032511107 275 5,625 SH   SOLE   5,000 0 625
Apple Inc COM 037833100 32,977 213,967 SH   SOLE   192,383 0 21,584
Apple Inc COM 037833100 5,289 34,320 SH   DFND 1 34,320 0 0
Applied Materials Inc COM 038222105 602 11,560 SH   SOLE   2,360 0 9,200
Autoliv Inc COM 052800109 265 2,148 SH   SOLE   2,148 0 0
Automatic Data Processing Inc COM 053015103 485 4,436 SH   SOLE   4,436 0 0
Avangrid Inc COM 05351W103 237 4,999 SH   SOLE   4,999 0 0
Bank Of America Corp COM 060505104 5,289 208,717 SH   SOLE   163,226 0 45,491
Bank Of America Corp COM 060505104 2,559 101,000 SH   DFND 1 101,000 0 0
Bank Of Montreal COM 063671101 330 4,364 SH   SOLE   4,364 0 0
Bank Of New York Mellon Corp COM 064058100 8,187 154,405 SH   SOLE   153,560 0 845
Baxter International Inc COM 071813109 2,863 45,624 SH   SOLE   40,168 0 5,456
Becton Dickinson & Co COM 075887109 1,176 6,000 SH   SOLE   6,000 0 0
Berkshire Hathaway Inc Cl A COM 084670108 2,473 9 SH   SOLE   9 0 0
Berkshire Hathaway Inc Cl A COM 084670108 1,099 4 SH   DFND 1 4 0 0
Berkshire Hathaway Inc Cl B COM 084670702 158,954 867,086 SH   SOLE   855,736 0 11,350
Berkshire Hathaway Inc Cl B COM 084670702 16,746 91,348 SH   DFND 1 91,348 0 0
BlackRock Inc COM 09247x101 270 605 SH   SOLE   605 0 0
Blackstone Group LP COM 09253U108 478 14,335 SH   SOLE   2,035 0 12,300
Boeing Co COM 097023105 275 1,080 SH   SOLE   1,080 0 0
Bristol-Myers Squibb Co COM 110122108 4,840 75,933 SH   SOLE   70,198 0 5,735
Broadcom Ltd COM Y09827109 24,441 100,771 SH   SOLE   91,782 0 8,989
Broadcom Ltd COM Y09827109 7,160 29,520 SH   DFND 1 29,520 0 0
Brookfield Asset Management Cl COM 112585104 1,667 40,372 SH   SOLE   40,372 0 0
Buckeye Partners L P COM 118230101 315 5,525 SH   SOLE   5,525 0 0
Cabot Corp COM 127055101 268 4,800 SH   SOLE   4,800 0 0
Cabot Oil & Gas Corp COM 127097103 762 28,500 SH   SOLE   28,500 0 0
Carnival Corp COM 143658300 23 350 SH   SOLE   350 0 0
Carnival Corp COM 143658300 349 5,400 SH   DFND 1 5,400 0 0
Caterpillar Inc COM 149123101 3,139 25,174 SH   SOLE   25,174 0 0
Celgene Corp COM 151020104 21,219 145,518 SH   SOLE   130,174 0 15,344
Celgene Corp COM 151020104 4,168 28,580 SH   DFND 1 28,580 0 0
Cenovus Energy Inc COM 15135U109 168 16,792 SH   SOLE   16,792 0 0
Cerner Corp COM 156782104 63 890 SH   SOLE   460 0 430
Cerner Corp COM 156782104 462 6,480 SH   DFND 1 6,480 0 0
Chevron Corp COM 166764100 9,981 84,947 SH   SOLE   76,334 0 8,613
Chubb Ltd COM H1467J104 9,243 64,842 SH   SOLE   52,736 0 12,106
Chubb Ltd COM H1467J104 342 2,400 SH   DFND 1 2,400 0 0
Cisco Systems Inc COM 17275R102 2,965 88,155 SH   SOLE   39,110 0 49,045
Citigroup Inc COM 172967424 1,374 18,895 SH   SOLE   1,895 0 17,000
Coca Cola Co COM 191216100 2,940 65,325 SH   SOLE   65,325 0 0
Coca Cola Co COM 191216100 23 500 SH   DFND 1 500 0 0
Colgate Palmolive Co COM 194162103 23,907 328,171 SH   SOLE   317,631 0 10,540
Colgate Palmolive Co COM 194162103 12,785 175,500 SH   DFND 1 175,500 0 0
Comcast Corp Cl A COM 20030N101 35,280 916,839 SH   SOLE   915,985 0 854
Comcast Corp Cl A COM 20030N101 22,401 582,144 SH   DFND 1 582,144 0 0
Conagra Brands Inc COM 205887102 479 14,200 SH   SOLE   2,100 0 12,100
ConocoPhillips COM 20825C104 12,717 254,077 SH   SOLE   223,962 0 30,115
ConocoPhillips COM 20825C104 3,242 64,780 SH   DFND 1 64,780 0 0
Consolidated Edison Inc COM 209115104 316 3,920 SH   SOLE   3,920 0 0
Contrafect Corp COM 212326102 17 15,000 SH   SOLE   15,000 0 0
Corning Inc COM 219350105 494 16,506 SH   SOLE   16,506 0 0
Costco Wholesale Corp COM 22160K105 3,248 19,771 SH   SOLE   19,586 0 185
CVS Health Corp COM 126650100 16,869 207,444 SH   SOLE   189,771 0 17,673
CVS Health Corp COM 126650100 3,778 46,460 SH   DFND 1 46,460 0 0
Danaher Corp COM 235851102 319 3,715 SH   SOLE   3,355 0 360
Disney Walt Co COM 254687106 140,769 1,428,117 SH   SOLE   1,409,309 0 18,808
Disney Walt Co COM 254687106 59,570 604,340 SH   DFND 1 604,340 0 0
Dominion Energy Inc COM 25746U109 1,012 13,156 SH   SOLE   13,156 0 0
DowDuPont Inc COM 26078J100 8,901 128,570 SH   SOLE   115,645 0 12,925
DTE Energy Company COM 233331107 220 2,050 SH   SOLE   2,050 0 0
Duke Energy Corp COM 26441C204 323 3,846 SH   SOLE   3,846 0 0
Eli Lilly & Co COM 532457108 17,753 207,540 SH   SOLE   207,540 0 0
Eli Lilly & Co COM 532457108 9,495 111,000 SH   DFND 1 111,000 0 0
Emerson Electric Co COM 291011104 648 10,307 SH   SOLE   10,307 0 0
Enterprise Products Partners L COM 293792107 442 16,938 SH   SOLE   16,938 0 0
Exelon Corp COM 30161N101 305 8,100 SH   SOLE   8,100 0 0
Express Scripts Holding Co COM 30219G108 1,921 30,342 SH   SOLE   18,547 0 11,795
Exxon Mobil Corp COM 30231G102 12,437 151,706 SH   SOLE   135,692 0 16,014
Exxon Mobil Corp COM 30231G102 82 1,000 SH   DFND 1 1,000 0 0
Facebook Inc Cl A COM 30303M102 24,863 145,511 SH   SOLE   134,992 0 10,519
Facebook Inc Cl A COM 30303M102 8,513 49,820 SH   DFND 1 49,820 0 0
Fedex Corp COM 31428X106 35,130 155,730 SH   SOLE   147,716 0 8,014
Fedex Corp COM 31428X106 9,005 39,920 SH   DFND 1 39,920 0 0
Fidelity National Financial Cl COM 31620R303 1,138 23,981 SH   SOLE   23,981 0 0
Fidelity National Information COM 31620M106 1,708 18,294 SH   SOLE   18,294 0 0
General Dynamics Corp COM 369550108 1,172 5,700 SH   SOLE   3,625 0 2,075
General Electric Co COM 369604103 32,269 1,334,543 SH   SOLE   1,260,498 0 74,045
General Electric Co COM 369604103 8,666 358,415 SH   DFND 1 358,415 0 0
Gilead Sciences Inc COM 375558103 1,543 19,050 SH   SOLE   18,140 0 910
Goldman Sachs Group Inc COM 38141G104 888 3,742 SH   SOLE   274 0 3,468
Halliburton Co COM 406216101 914 19,860 SH   SOLE   19,860 0 0
Hartford Financial Services Gr COM 416515104 22,626 408,194 SH   SOLE   407,589 0 605
Hartford Financial Services Gr COM 416515104 7,550 136,199 SH   DFND 1 136,199 0 0
Hershey Foods Corp COM 427866108 295 2,704 SH   SOLE   2,704 0 0
Hess Corp COM 42809H107 19,427 414,315 SH   SOLE   383,623 0 30,692
Hess Corp COM 42809H107 7,727 164,788 SH   DFND 1 164,788 0 0
HollyFrontier Corp COM 436106108 252 7,000 SH   SOLE   7,000 0 0
Home Depot Inc COM 437076102 3,935 24,056 SH   SOLE   17,656 0 6,400
Honeywell International Inc COM 438516106 43,875 309,549 SH   SOLE   296,150 0 13,399
Honeywell International Inc COM 438516106 7,027 49,580 SH   DFND 1 49,580 0 0
Illinois Tool Works COM 452308109 22,056 149,067 SH   SOLE   149,067 0 0
Illinois Tool Works COM 452308109 7,901 53,400 SH   DFND 1 53,400 0 0
Intel Corp COM 458140100 20,759 545,150 SH   SOLE   494,236 0 50,914
Intel Corp COM 458140100 3,714 97,540 SH   DFND 1 97,540 0 0
Intercontinental Exchange Inc COM 45866F104 1,352 19,675 SH   SOLE   3,400 0 16,275
International Business Machine COM 459200101 12,749 87,874 SH   SOLE   83,019 0 4,855
International Business Machine COM 459200101 2,684 18,500 SH   DFND 1 18,500 0 0
International Paper Co COM 460146103 1,705 30,000 SH   SOLE   30,000 0 0
International Paper Co COM 460146103 798 14,040 SH   DFND 1 14,040 0 0
InterXion Holding NV COM N47279109 1,477 29,000 SH   SOLE   0 0 29,000
J P Morgan Chase & Co COM 46625H100 15,311 160,312 SH   SOLE   141,438 0 18,874
J P Morgan Chase & Co COM 46625H100 378 3,960 SH   DFND 1 3,960 0 0
Janus Henderson Group PLC COM G4474Y214 557 16,000 SH   SOLE   16,000 0 0
John Wiley & Sons Inc Cl A COM 968223206 1,439 26,889 SH   SOLE   26,889 0 0
Johnson & Johnson Co COM 478160104 101,881 783,637 SH   SOLE   772,266 0 11,371
Johnson & Johnson Co COM 478160104 15,761 121,230 SH   DFND 1 121,230 0 0
Kansas City Southern Industrie COM 485170302 23,202 213,493 SH   SOLE   213,143 0 350
Kansas City Southern Industrie COM 485170302 7,738 71,200 SH   DFND 1 71,200 0 0
Kimberly Clark Corp COM 494368103 294 2,497 SH   SOLE   2,497 0 0
Kraft Heinz Co COM 500754106 919 11,849 SH   SOLE   11,849 0 0
Laboratory Corp America Holdin COM 50540R409 24,941 165,204 SH   SOLE   155,956 0 9,248
Laboratory Corp America Holdin COM 50540R409 7,307 48,400 SH   DFND 1 48,400 0 0
Lexicon Genetics Inc COM 528872302 167 13,618 SH   SOLE   13,618 0 0
Lockheed Martin Corp COM 539830109 5,276 17,005 SH   SOLE   17,005 0 0
Loews Corp COM 540424108 998 20,850 SH   SOLE   20,850 0 0
Lowes Cos Inc COM 548661107 1,500 18,770 SH   SOLE   3,770 0 15,000
Marathon Petroleum Corp COM 56585A102 280 5,000 SH   SOLE   5,000 0 0
Markel Corp COM 570535104 214 200 SH   SOLE   200 0 0
Mastercard Inc Class A COM 57636q104 2,920 20,680 SH   SOLE   5,470 0 15,210
McDermott International Inc COM 580037109 79 10,800 SH   SOLE   10,800 0 0
McDonalds Corp COM 580135101 1,945 12,417 SH   SOLE   12,352 0 65
Medtronic PLC COM G5960L103 21,780 280,062 SH   SOLE   266,771 0 13,291
Medtronic PLC COM G5960L103 5,915 76,060 SH   DFND 1 76,060 0 0
Merck & Co Inc COM 58933Y105 22,517 351,661 SH   SOLE   332,780 0 18,881
Merck & Co Inc COM 58933Y105 5,779 90,260 SH   DFND 1 90,260 0 0
Metlife Inc COM 59156R108 18,290 352,072 SH   SOLE   315,103 0 36,969
Metlife Inc COM 59156R108 3,028 58,280 SH   DFND 1 58,280 0 0
Microsoft Corp COM 594918104 6,639 89,125 SH   SOLE   86,025 0 3,100
Mondelez International Inc COM 609207105 10,678 262,619 SH   SOLE   214,204 0 48,415
Morgan Stanley COM 617446448 1,219 25,300 SH   SOLE   5,300 0 20,000
Newell Brands Inc COM 651229106 19,737 462,558 SH   SOLE   422,108 0 40,450
Newell Brands Inc COM 651229106 4,115 96,440 SH   DFND 1 96,440 0 0
Newmont Mining Corp COM 651639106 16,947 451,810 SH   SOLE   438,496 0 13,314
Newmont Mining Corp COM 651639106 4,952 132,020 SH   DFND 1 132,020 0 0
News Corp New Cl A COM 65249B109 45 3,410 SH   SOLE   3,410 0 0
News Corp New Cl A COM 65249B109 136 10,230 SH   DFND 1 10,230 0 0
NextEra Energy Inc COM 65339F101 856 5,843 SH   SOLE   5,843 0 0
Nike Inc Cl B COM 654106103 517 9,965 SH   SOLE   9,965 0 0
Norfolk Southern Corp COM 655844108 7,421 56,121 SH   SOLE   49,721 0 6,400
Norfolk Southern Corp COM 655844108 4,523 34,200 SH   DFND 1 34,200 0 0
Northern Trust Corp COM 665859104 552 6,000 SH   SOLE   6,000 0 0
Occidental Petroleum Corp COM 674599105 383 5,970 SH   SOLE   5,970 0 0
Oracle Corp COM 68389X105 7,624 157,691 SH   SOLE   145,876 0 11,815
Oracle Corp COM 68389X105 1,639 33,900 SH   DFND 1 33,900 0 0
Palo Alto Networks Inc COM 697435105 19,334 134,171 SH   SOLE   122,298 0 11,873
Palo Alto Networks Inc COM 697435105 4,219 29,280 SH   DFND 1 29,280 0 0
PayPal Holdings Inc COM 70450Y103 28,735 448,777 SH   SOLE   425,841 0 22,936
PayPal Holdings Inc COM 70450Y103 7,595 118,620 SH   DFND 1 118,620 0 0
Pepsico Inc COM 713448108 98,203 881,301 SH   SOLE   866,016 0 15,285
Pepsico Inc COM 713448108 38,430 344,880 SH   DFND 1 344,880 0 0
Pfizer Inc COM 717081103 10,729 300,528 SH   SOLE   266,606 0 33,922
Pfizer Inc COM 717081103 347 9,720 SH   DFND 1 9,720 0 0
Philip Morris International In COM 718172109 5,398 48,626 SH   SOLE   48,626 0 0
Phillips 66 COM 718546104 231 2,525 SH   SOLE   2,525 0 0
PPL Corp COM 69351T106 478 12,600 SH   SOLE   12,600 0 0
Praxair Inc COM 74005P104 236 1,688 SH   SOLE   1,688 0 0
Procter & Gamble Co COM 742718109 33,443 367,585 SH   SOLE   353,280 0 14,305
Procter & Gamble Co COM 742718109 19,728 216,840 SH   DFND 1 216,840 0 0
QEP Resources Inc COM 74733V100 185 21,600 SH   SOLE   21,600 0 0
Qualcomm Inc COM 747525103 422 8,147 SH   SOLE   6,447 0 1,700
Quest Diagnostics Inc COM 74834L100 405 4,330 SH   SOLE   4,000 0 330
Raytheon Co COM 755111507 34,089 182,703 SH   SOLE   180,167 0 2,536
Raytheon Co COM 755111507 9,601 51,460 SH   DFND 1 51,460 0 0
Robert Half International Inc COM 770323103 498 9,885 SH   SOLE   8,010 0 1,875
Rockwell Collins Inc COM 774341101 20,629 157,821 SH   SOLE   157,586 0 235
Rockwell Collins Inc COM 774341101 8,946 68,440 SH   DFND 1 68,440 0 0
Royal Bank Of Canada COM 780087102 542 7,010 SH   SOLE   7,010 0 0
Schlumberger Ltd COM 806857108 23,024 330,048 SH   SOLE   309,816 0 20,232
Schlumberger Ltd COM 806857108 3,590 51,460 SH   DFND 1 51,460 0 0
Signature Bank COM 82669g104 246 1,925 SH   SOLE   1,925 0 0
Southern Co COM 842587107 456 9,278 SH   SOLE   9,278 0 0
Stanley Black & Decker Inc COM 854502101 248 1,643 SH   SOLE   143 0 1,500
Starbucks Corp COM 855244109 791 14,730 SH   SOLE   14,175 0 555
State Street Corp COM 857477103 254 2,662 SH   SOLE   2,662 0 0
SVB Financial Group COM 78486Q101 393 2,100 SH   SOLE   2,100 0 0
Synchrony Financial COM 87165b103 18,079 582,254 SH   SOLE   540,445 0 41,809
Synchrony Financial COM 87165b103 4,652 149,807 SH   DFND 1 149,807 0 0
Target Corp COM 87612E106 344 5,826 SH   SOLE   5,826 0 0
Thermo Fisher Scientific Inc COM 883556102 22,137 117,005 SH   SOLE   106,214 0 10,791
Thermo Fisher Scientific Inc COM 883556102 5,678 30,010 SH   DFND 1 30,010 0 0
Time Warner Inc COM 887317303 28,943 282,512 SH   SOLE   270,330 0 12,182
Time Warner Inc COM 887317303 7,360 71,840 SH   DFND 1 71,840 0 0
TJX Cos Inc COM 872540109 4,001 54,260 SH   SOLE   40,100 0 14,160
Torchmark Corp COM 891027104 5,767 72,009 SH   SOLE   72,009 0 0
Torchmark Corp COM 891027104 5,767 72,004 SH   DFND 1 72,004 0 0
Toronto Dominion Bank COM 891160509 218 3,880 SH   SOLE   3,880 0 0
Twenty-First Century Fox Inc C COM 90130A101 1,075 40,735 SH   SOLE   39,610 0 1,125
Twenty-First Century Fox Inc C COM 90130A101 1,079 40,920 SH   DFND 1 40,920 0 0
Union Pacific Corp COM 907818108 53,229 458,992 SH   SOLE   446,449 0 12,543
Union Pacific Corp COM 907818108 19,696 169,840 SH   DFND 1 169,840 0 0
United Parcel Service Inc Cl B COM 911312106 13,693 114,024 SH   SOLE   97,429 0 16,595
United Parcel Service Inc Cl B COM 911312106 2,162 18,000 SH   DFND 1 18,000 0 0
United Technologies Corp COM 913017109 28,809 248,182 SH   SOLE   239,080 0 9,102
United Technologies Corp COM 913017109 7,016 60,440 SH   DFND 1 60,440 0 0
US Bancorp COM 902973304 223 4,165 SH   SOLE   4,165 0 0
Varian Medical Systems Inc COM 92220P105 1,060 10,590 SH   SOLE   10,285 0 305
Vectren Corp COM 92240G101 207 3,147 SH   SOLE   3,147 0 0
Verizon Communications COM 92343V104 1,697 34,298 SH   SOLE   34,298 0 0
Visa Inc Cl A COM 92826C839 2,441 23,190 SH   SOLE   975 0 22,215
Wal Mart Stores Inc COM 931142103 3,040 38,899 SH   SOLE   31,189 0 7,710
Walgreen Boots Alliance Inc COM 931427108 274 3,550 SH   SOLE   3,160 0 390
Wells Fargo & Co COM 949746101 3,486 63,204 SH   SOLE   60,204 0 3,000
White Mountains Insurance Grou COM G9618E107 680 793 SH   SOLE   793 0 0
Xilinx Inc COM 983919101 5,002 70,619 SH   SOLE   40,085 0 30,534
Yum Brands Inc COM 988498101 9,737 132,274 SH   SOLE   130,054 0 2,220
Yum Brands Inc COM 988498101 11,042 150,000 SH   DFND 1 150,000 0 0
Yum China Holdings Inc COM 98850P109 5,264 131,699 SH   SOLE   131,699 0 0
Yum China Holdings Inc COM 98850P109 5,996 150,000 SH   DFND 1 150,000 0 0
Financial Sector SPDR COM 81369Y605 477 18,442 SH   SOLE   18,422 0 20
IQ 50 Percent Hedged FTSE Euro COM 45409B552 319 16,000 SH   SOLE   16,000 0 0
IShares Dow Jones Select Divid COM 464287168 343 3,667 SH   SOLE   3,667 0 0
IShares Latin America 40 ETF COM 464287390 204 5,800 SH   SOLE   5,800 0 0
IShares Russell 1000 Growth ET COM 464287614 379 3,032 SH   SOLE   3,032 0 0
IShares Russell 2000 Growth ET COM 464287648 267 1,491 SH   SOLE   1,491 0 0
IShares Trust MSCI EAFE ETF COM 464287465 784 11,451 SH   SOLE   11,451 0 0
IShares Trust Nasdaq Biotechno COM 464287556 284 850 SH   SOLE   850 0 0
Powershares QQQ Trust COM 73935A104 3,150 21,656 SH   SOLE   21,656 0 0
Schwab Emerging Markets Equity COM 808524706 5,505 204,567 SH   SOLE   199,614 0 4,953
Schwab International Equity ET COM 808524805 16,386 489,572 SH   SOLE   488,922 0 650
Schwab US Large Cap ETF COM 808524201 1,690 28,142 SH   SOLE   28,142 0 0
Schwab US Small Cap ETF COM 808524607 10,986 163,072 SH   SOLE   159,100 0 3,972
SPDR MSCI All Country World Ex COM 78463X848 1,559 41,211 SH   SOLE   41,211 0 0
SPDR S&P 500 ETF Trust COM 78462F103 13,586 54,078 SH   SOLE   54,059 0 19
Technology Sector SPDR COM 81369Y803 4,582 77,526 SH   SOLE   77,444 0 82
Van Eck Vectors Pharmaceutical COM 92189F692 219 3,800 SH   SOLE   3,800 0 0
Van Eck Vectors Semiconductor COM 92189F676 817 8,750 SH   SOLE   8,750 0 0
Vanguard Emerging Market Viper COM 922042858 494 11,332 SH   SOLE   11,332 0 0
Vanguard Pacific ETF COM 922042866 205 3,000 SH   SOLE   3,000 0 0
Vanguard REIT ETF COM 922908553 280 3,367 SH   SOLE   3,367 0 0