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
3M CO COM 88579Y101 2,078 17,400 SH   SOLE   10,450 0 6,950
ABBOTT LABS COM 002824100 4,056 122,199 SH   SOLE   88,349 0 33,850
ABBVIE INC COM 00287Y109 106,554 2,382,150 SH   SOLE   1,219,184 0 1,162,966
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 4,256 57,800 SH   SOLE   49,503 0 8,297
ADOBE SYS INC COM 00724F101 114,021 2,195,251 SH   SOLE   1,088,740 0 1,106,511
AES CORP COM 00130H105 97,185 7,312,631 SH   SOLE   3,874,255 0 3,438,376
AMERICAN EXPRESS CO COM 025816109 2,179 28,855 SH   SOLE   27,855 0 1,000
AT&T INC COM 00206R102 212 6,275 SH   SOLE   120 0 6,155
AUTOLIV INC COM 052800109 5,757 65,879 SH   SOLE   56,035 0 9,844
BANCO SANTANDER SA ADR 05964H105 84,472 10,339,343 SH   SOLE   6,048,049 0 4,291,293
BANK OF AMERICA CORPORATION COM 060505104 114,682 8,310,270 SH   SOLE   3,770,107 0 4,540,163
BARCLAYS PLC ADR 06738E204 2,828 165,969 SH   SOLE   115,555 0 50,414
BAXTER INTL INC COM 071813109 102,891 1,566,314 SH   SOLE   791,469 0 774,845
BEAM INC COM 073730103 1,658 25,650 SH   SOLE   10,750 0 14,900
BERKSHIRE HATHAWAY INC DEL CL A 084670108 3,579 21 SH   SOLE   18 0 3
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 607 5,350 SH   SOLE   3,550 0 1,800
BOEING CO COM 097023105 752 6,400 SH   SOLE   6,400 0 0
BP PLC SPONSORED ADR 055622104 694 16,518 SH   SOLE   11,518 0 5,000
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 4,257 113,816 SH   SOLE   96,559 0 17,257
BUNGE LIMITED COM G16962105 93,364 1,229,936 SH   SOLE   628,560 0 601,376
CARBO CERAMICS INC COM 140781105 515 5,200 SH   SOLE   4,000 0 1,200
CATERPILLAR INC DEL COM 149123101 234 2,800 SH   SOLE   2,800 0 0
CENTURYLINK INC COM 156700106 6,423 204,700 SH   SOLE   0 0 204,700
CHEVRON CORP NEW COM 166764100 756 6,224 SH   SOLE   1,924 0 4,300
CHURCH & DWIGHT INC COM 171340102 1,850 30,800 SH   SOLE   22,600 0 8,200
CIGNA CORPORATION COM 125509109 912 11,860 SH   SOLE   11,860 0 0
CINTAS CORP COM 172908105 1,567 30,605 SH   SOLE   17,505 0 13,100
COCA COLA CO COM 191216100 1,136 30,000 SH   SOLE   30,000 0 0
COLGATE PALMOLIVE CO COM 194162103 2,168 36,562 SH   SOLE   26,762 0 9,800
CONAGRA FOODS INC COM 205887102 516 17,000 SH   SOLE   2,600 0 14,400
COSTCO WHSL CORP NEW COM 22160K105 340 2,955 SH   SOLE   800 0 2,155
COTY INC COM CL A 222070203 94,760 5,845,752 SH   SOLE   2,917,099 0 2,928,653
COVIDIEN PLC SHS G2554F113 107,949 1,771,397 SH   SOLE   908,407 0 862,990
DEERE & CO COM 244199105 90,094 1,106,947 SH   SOLE   554,477 0 552,470
DIAGEO P L C SPON ADR NEW 25243Q205 117,215 922,373 SH   SOLE   522,273 0 400,100
DIRECTV COM 25490A309 868 14,524 SH   SOLE   13,290 0 1,234
DISNEY WALT CO COM DISNEY 254687106 859 13,325 SH   SOLE   13,325 0 0
DONALDSON INC COM 257651109 648 17,000 SH   SOLE   7,000 0 10,000
DOVER CORP COM 260003108 1,378 15,340 SH   SOLE   5,890 0 9,450
DOW CHEM CO COM 260543103 110,487 2,877,273 SH   SOLE   1,427,866 0 1,449,407
E M C CORP MASS COM 268648102 114,933 4,496,614 SH   SOLE   2,244,196 0 2,252,418
EBAY INC COM 278642103 156,988 2,813,655 SH   SOLE   1,438,475 0 1,375,180
ECOLAB INC COM 278865100 128,883 1,305,014 SH   SOLE   664,272 0 640,742
EMERSON ELEC CO COM 291011104 1,346 20,800 SH   SOLE   2,800 0 18,000
ENERSIS S A SPONSORED ADR 29274F104 1,515 94,310 SH   SOLE   76,310 0 18,000
EQUIFAX INC COM 294429105 479 8,000 SH   SOLE   0 0 8,000
ERICSSON ADR B SEK 10 294821608 7,064 529,159 SH   SOLE   448,023 0 81,136
EXXON MOBIL CORP COM 30231G102 5,859 68,094 SH   SOLE   46,594 0 21,500
FIRST REP BK SAN FRANCISCO C COM 33616C100 104,647 2,244,206 SH   SOLE   1,122,692 0 1,121,514
FORTUNE BRANDS HOME & SEC IN COM 34964c106 825 19,816 SH   SOLE   6,250 0 13,566
FRANKLIN ELEC INC COM 353514102 1,734 44,000 SH   SOLE   30,400 0 13,600
FRANKLIN RES INC COM 354613101 455 9,000 SH   SOLE   9,000 0 0
GENERAL DYNAMICS CORP COM 369550108 105,728 1,208,043 SH   SOLE   602,417 0 605,626
GENERAL ELECTRIC CO COM 369604103 115,688 4,842,514 SH   SOLE   2,441,228 0 2,401,286
GENERAL MLS INC COM 370334104 101,810 2,124,583 SH   SOLE   1,060,233 0 1,064,350
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 274 5,462 SH   SOLE   5,462 0 0
GRAINGER W W INC COM 384802104 1,256 4,800 SH   SOLE   4,150 0 650
HALLIBURTON CO COM 406216101 126,661 2,630,547 SH   SOLE   1,338,510 0 1,292,037
HERSHEY CO COM 427866108 85,152 920,557 SH   SOLE   450,070 0 470,487
HESS CORP COM 42809H107 97,348 1,258,699 SH   SOLE   628,009 0 630,690
HOME DEPOT INC COM 437076102 113,161 1,491,905 SH   SOLE   742,245 0 749,660
HONEYWELL INTL INC COM 438516106 296 3,560 SH   SOLE   3,560 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 4,421 81,473 SH   SOLE   67,387 0 14,086
ILLINOIS TOOL WKS INC COM 452308109 1,460 19,143 SH   SOLE   11,743 0 7,400
INTERNATIONAL BUSINESS MACHS COM 459200101 81,061 437,742 SH   SOLE   218,815 0 218,927
INTUIT COM 461202103 754 11,365 SH   SOLE   11,365 0 0
ISHARES MSCI STH KOR ETF 464286772 2,090 33,980 SH   SOLE   33,980 0 0
ISHARES RUS 1000 VAL ETF 464287598 879 10,200 SH   SOLE   10,200 0 0
JOHNSON & JOHNSON COM 478160104 4,838 55,812 SH   SOLE   37,506 0 18,306
JPMORGAN CHASE & CO COM 46625H100 127,456 2,465,771 SH   SOLE   1,209,840 0 1,255,931
KIMBERLY CLARK CORP COM 494368103 902 9,570 SH   SOLE   9,570 0 0
KIRBY CORP COM 497266106 260 3,000 SH   SOLE   3,000 0 0
KRAFT FOODS GROUP INC COM 50076Q106 5,782 110,166 SH   SOLE   166 0 110,000
LENNAR CORP CL A 526057104 137,455 3,882,900 SH   SOLE   1,942,058 0 1,940,842
LOWES COS INC COM 548661107 33,031 693,793 SH   SOLE   347,261 0 346,532
M & T BK CORP COM 55261F104 100,187 895,162 SH   SOLE   443,026 0 452,136
MALLINCKRODT PUB LTD CO SHS G5785G107 6,962 157,903 SH   SOLE   77,129 0 80,774
MEDTRONIC INC COM 585055106 103,065 1,935,501 SH   SOLE   966,162 0 969,339
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 89,416 13,949,446 SH   SOLE   7,883,561 0 6,065,885
MONDELEZ INTL INC CL A 609207105 10,695 340,366 SH   SOLE   11,568 0 328,798
MORGAN STANLEY COM NEW 617446448 12,801 475,000 SH   SOLE   0 0 475,000
NEXTERA ENERGY INC COM 65339f101 284 3,540 SH   SOLE   3,540 0 0
NIDEC CORP SPONSORED ADR 654090109 3,285 155,340 SH   SOLE   155,020 0 320
NIKE INC CL B 654106103 378 5,200 SH   SOLE   5,200 0 0
NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 5,518 146,103 SH   SOLE   123,871 0 22,232
NORDSTROM INC COM 655664100 1,680 29,900 SH   SOLE   29,900 0 0
NORTHEAST UTILS COM 664397106 505 12,250 SH   SOLE   12,250 0 0
NOVARTIS A G SPONSORED ADR 66987V109 4,389 57,219 SH   SOLE   48,616 0 8,603
ORACLE CORP COM 68389X105 103,394 3,117,094 SH   SOLE   1,588,408 0 1,528,686
ORIX CORP SPONSORED ADR 686330101 4,297 52,523 SH   SOLE   51,833 0 690
PEPSICO INC COM 713448108 5,439 68,411 SH   SOLE   42,711 0 25,700
PFIZER INC COM 717081103 4,190 145,863 SH   SOLE   81,213 0 64,650
PHILIP MORRIS INTL INC COM 718172109 4,943 57,081 SH   SOLE   36,269 0 20,812
PHILLIPS 66 COM 718546104 128,409 2,220,849 SH   SOLE   1,111,631 0 1,109,218
PIONEER NAT RES CO COM 723787107 114,026 603,951 SH   SOLE   304,706 0 299,245
PROCTER & GAMBLE CO COM 742718109 274 3,622 SH   SOLE   3,022 0 600
PROGRESSIVE CORP OHIO COM 743315103 66,434 2,439,748 SH   SOLE   1,218,689 0 1,221,059
QUESTAR CORP COM 748356102 535 23,770 SH   SOLE   6,070 0 17,700
ROSETTA RESOURCES INC COM 777779307 327 6,000 SH   SOLE   6,000 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 457 6,633 SH   SOLE   600 0 6,033
SCHLUMBERGER LTD COM 806857108 3,342 37,820 SH   SOLE   27,220 0 10,600
SCHWAB CHARLES CORP NEW COM 808513105 11,250 532,170 SH   SOLE   3,170 0 529,000
SIEMENS A G SPONSORED ADR 826197501 4,637 38,482 SH   SOLE   32,744 0 5,738
SIGMA ALDRICH CORP COM 826552101 3,719 43,600 SH   SOLE   25,900 0 17,700
SMUCKER J M CO COM NEW 832696405 2,111 20,100 SH   SOLE   14,200 0 5,900
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 9,757 490,160 SH   SOLE   490,160 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 8,328 49,570 SH   SOLE   44,520 0 5,050
SPX CORP COM 784635104 101,805 1,202,806 SH   SOLE   613,853 0 588,953
SUNTRUST BKS INC COM 867914103 102,454 3,160,200 SH   SOLE   1,542,448 0 1,617,752
SYSCO CORP COM 871829107 2,089 65,625 SH   SOLE   47,527 0 18,098
TE CONNECTIVITY LTD REG SHS H84989104 141,126 2,725,490 SH   SOLE   1,357,299 0 1,368,191
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 3,335 88,268 SH   SOLE   75,355 0 12,913
TEXAS INSTRS INC COM 882508104 109,686 2,722,414 SH   SOLE   1,367,831 0 1,354,583
TIFFANY & CO NEW COM 886547108 290 3,780 SH   SOLE   3,780 0 0
TIME WARNER INC COM NEW 887317303 145,267 2,207,373 SH   SOLE   1,098,030 0 1,109,343
TOTAL S A SPONSORED ADR 89151E109 5,665 97,807 SH   SOLE   84,109 0 13,698
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 5,010 39,129 SH   SOLE   33,189 0 5,940
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 723 10,135 SH   SOLE   10,135 0 0
UBS AG SHS NEW H89231338 222 10,800 SH   SOLE   10,800 0 0
UNILEVER N V N Y SHS NEW 904784709 112,695 2,987,678 SH   SOLE   1,721,882 0 1,265,796
UNION PAC CORP COM 907818108 243 1,566 SH   SOLE   1,566 0 0
UNITED TECHNOLOGIES CORP COM 913017109 1,337 12,400 SH   SOLE   9,550 0 2,850
US BANCORP DEL COM NEW 902973304 640 17,495 SH   SOLE   16,495 0 1,000
V F CORP COM 918204108 6,025 30,267 SH   SOLE   18,067 0 12,200
VERISK ANALYTICS INC CL A 92345y106 2,156 33,190 SH   SOLE   26,990 0 6,200
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 88,069 2,503,369 SH   SOLE   1,442,661 0 1,060,708
WAL-MART STORES INC COM 931142103 17,071 230,810 SH   SOLE   6,910 0 223,900
WALGREEN CO COM 931422109 130,081 2,417,857 SH   SOLE   1,228,304 0 1,189,553
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 4,814 314,017 SH   SOLE   266,510 0 47,507
WESTERN UN CO COM 959802109 187 10,000 SH   SOLE   0 0 10,000
WILLIAMS SONOMA INC COM 969904101 233,964 4,163,062 SH   SOLE   4,160,562 0 2,500
WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 3,662 84,519 SH   SOLE   71,287 0 13,232
YUM BRANDS INC COM 988498101 766 10,733 SH   SOLE   4,733 0 6,000
ZIMMER HLDGS INC COM 98956P102 370 4,500 SH   SOLE   2,000 0 2,500