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
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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
58.com Inc ADR ADR 31680Q104 1,971 52,900 SH   SOLE   52,900 0 0
Acadia Realty Trust Common 004239109 30,553 1,107,811 SH   SOLE   345,151 0 762,660
Ace Limited Common H0023R105 353,326 3,369,187 SH   SOLE   3,187,666 0 181,521
Activision Blizzard, Inc. Common 00507V109 291,592 14,024,980 SH   SOLE   13,111,362 0 913,618
AES Corp. Common 00130H105 5,917 417,306 SH   SOLE   417,306 0 0
AES Trust III,6.75%,10/15/29 Preferred 00808N202 7,447 145,027 SH   SOLE   145,027 0 0
Agilent Technologies, Inc. Common 00846U101 169,820 2,980,262 SH   SOLE   2,798,837 0 181,425
Air Products & Chemicals, Inc. Common 009158106 313 2,402 SH   SOLE   105 0 2,297
Alexander & Baldwin, Inc. Common 014491104 7,075 196,686 SH   SOLE   196,508 0 178
Alexandria Real Estate Equities, Inc. Common 015271109 32,293 437,874 SH   SOLE   147,536 0 290,338
Alibaba Group Holding Ltd. ADR 01609W102 26,655 300,000 SH   SOLE   300,000 0 0
Alleghany Corp. Common 017175100 4,932 11,795 SH   SOLE   11,768 0 27
Allegheny Technologies, Inc. Common 01741R102 11,127 299,921 SH   SOLE   299,921 0 0
Altera Corp. Common 021441100 1,388 38,800 SH   SOLE   38,800 0 0
Amazon.Com, Inc. Common 023135106 1,070,649 3,320,506 SH   SOLE   3,126,411 0 194,095
American Campus Communities Inc. Common 024835100 21,267 583,444 SH   SOLE   181,129 0 402,315
American Express Co. Common 025816109 2,147,720 24,533,544 SH   SOLE   23,026,647 0 1,506,897
American Homes 4 Rent, Class A Common 02665T306 7,815 462,680 SH   SOLE   162,620 0 300,060
American International Group Inc. Common 026874784 28,039 519,050 SH   SOLE   519,050 0 0
American Residential Properties, Inc. Common 02927E303 7,509 409,445 SH   SOLE   146,320 0 263,125
American Tower Corp. Common 03027X100 12,079 129,012 SH   SOLE   43,664 0 85,348
Angie's List Inc. Common 034754101 20,327 3,189,796 SH   SOLE   2,988,499 0 201,297
Apple Inc. Common 037833100 331 3,290 SH   SOLE   3,290 0 0
Applied Materials, Inc. Common 038222105 7,498 346,912 SH   SOLE   306,819 0 40,093
Autozone Inc Common 053332102 372 730 SH   SOLE   730 0 0
Avalonbay Communities, Inc. Common 053484101 22,412 158,985 SH   SOLE   57,664 0 101,321
Bank of America Corp. Common 060505104 10,898 639,186 SH   SOLE   639,186 0 0
Bank of New York Mellon Corp. Common 064058100 2,396,875 61,887,826 SH   SOLE   58,428,530 0 3,459,296
Berkshire Hathaway Inc., Class A Common 084670108 1,667,821 8,061 SH   SOLE   7,653 0 408
Berkshire Hathaway Inc., Class B Common 084670702 263,626 1,908,289 SH   SOLE   1,734,024 0 174,265
Biomed Realty Trust Inc. Common 09063H107 16,479 815,807 SH   SOLE   191,926 0 623,881
Boardwalk Pipeline Partners Partnership 096627104 413 22,090 SH   SOLE   22,090 0 0
Boston Properties, Inc. Common 101121101 26,058 225,101 SH   SOLE   73,047 0 152,054
Brandywine Realty Trust Common 105368203 14,411 1,024,224 SH   SOLE   345,804 0 678,420
Brookfield Asset Management Inc., Class A Foreign 112585104 272,729 6,065,443 SH   SOLE   5,743,478 0 321,965
Campus Crest Communities, Inc. Common 13466Y105 3,288 513,675 SH   SOLE   181,305 0 332,370
Canadian Natural Resources Ltd. Foreign 136385101 642,311 16,535,540 SH   SOLE   15,509,350 0 1,026,190
Capital One Financial Corp. Common 14040H105 15,202 186,250 SH   SOLE   186,250 0 0
CarMax, Inc. Common 143130102 523,432 11,268,011 SH   SOLE   10,596,269 0 671,742
CatchMark Timber Trust Inc., Class A Common 14912Y202 3,736 340,865 SH   SOLE   120,255 0 220,610
Cedar Realty Trust Inc. Common 150602209 4,222 715,637 SH   SOLE   243,372 0 472,265
Cemex SA ADR ADR 151290889 295 22,635 SH   SOLE   22,635 0 0
Charles Schwab Corp. Common 808513105 578,759 19,690,957 SH   SOLE   18,630,158 0 1,060,799
Citigroup Inc. Common 172967424 11,903 229,699 SH   SOLE   229,699 0 0
Citizens Financial Group Inc. Common 174610105 141,985 6,062,550 SH   SOLE   5,779,820 0 282,730
Coca Cola Co. Common 191216100 272 6,382 SH   SOLE   0 0 6,382
Colgate-Palmolive Co. Common 194162103 13,096 200,761 SH   SOLE   177,689 0 23,072
Coresite Realty Corp. Common 21870Q105 11,862 360,882 SH   SOLE   121,062 0 239,820
Corporate Office Properties Trust Common 22002T108 29,194 1,135,062 SH   SOLE   326,387 0 808,675
Costco Wholesale Corp. Common 22160K105 827,519 6,603,246 SH   SOLE   6,206,358 0 396,888
Coupons.com, Inc. Common 22265J102 5,861 490,088 SH   SOLE   490,088 0 0
Cousins Properties, Inc. Common 222795106 3,830 320,500 SH   SOLE   102,495 0 218,005
Ctrip.com International, Ltd. ADR ADR 22943F100 8,125 143,139 SH   SOLE   143,139 0 0
CubeSmart Common 229663109 20,345 1,131,541 SH   SOLE   349,961 0 781,580
CVS Health Corp. Common 126650100 171,457 2,153,905 SH   SOLE   1,989,500 0 164,405
DCT Industrial Trust Inc. Common 233153105 20,014 2,664,932 SH   SOLE   954,307 0 1,710,625
DDR Corporation Common 23317H102 4,794 286,552 SH   SOLE   286,302 0 250
Devon Energy Corp. Common 25179M103 12,383 181,620 SH   SOLE   181,620 0 0
Diageo PLC - ADR ADR 25243Q205 106,141 920,083 SH   SOLE   764,312 0 155,771
Digital Realty Trust, Inc. Common 253868103 5,170 82,876 SH   SOLE   82,838 0 38
Disney Walt Holdings Common 254687106 238,585 2,679,895 SH   SOLE   2,514,395 0 165,500
DuPont Fabros Technology Inc. Common 26613Q106 15,930 589,116 SH   SOLE   156,504 0 432,612
Eastgroup Properties, Inc. Common 277276101 17,286 285,290 SH   SOLE   101,997 0 183,293
Ecolab Inc. Common 278865100 489,457 4,262,109 SH   SOLE   4,008,411 0 253,698
Education Realty Trust, Inc. Common 28140H104 14,653 1,425,431 SH   SOLE   387,563 0 1,037,868
Encana Corporation Foreign 292505104 400,666 18,888,321 SH   SOLE   17,883,361 0 1,004,960
EOG Resources, Inc. Common 26875P101 420,101 4,240,453 SH   SOLE   3,969,677 0 270,776
Essex Property Trust, Inc. Common 297178105 16,214 90,710 SH   SOLE   26,429 0 64,281
Everest Re Group, Ltd. Common G3223R108 163,395 1,008,547 SH   SOLE   968,582 0 39,965
Expeditors Int'l of Washington Inc. Common 302130109 3,819 94,102 SH   SOLE   94,102 0 0
Express Scripts Holding Co. Common 30219G108 752,300 10,650,525 SH   SOLE   9,958,572 0 691,953
Fairchild Semiconductor International Common 303726103 7,157 460,867 SH   SOLE   460,867 0 0
Federal Realty Investment Trust Common 313747206 14,291 120,644 SH   SOLE   44,744 0 75,900
FedEx Corp. Common 31428X106 13,719 84,961 SH   SOLE   74,629 0 10,332
First Industrial Realty Trust, Inc. Common 32054K103 3,627 214,512 SH   SOLE   72,447 0 142,065
First Solar, Inc. Common 336433107 265 4,030 SH   SOLE   4,030 0 0
Forest City Ent 3.625% 8/15/20 Bond 345550AR8 3,603 3,500,000 PRN   SOLE   3,500,000 0 0
Forest City Ent FCE 4.25% 8/15/18 Bond 345550AP2 12,588 11,463,000 PRN   SOLE   11,463,000 0 0
Forest City Ent FCE 5% 10/15/16 Bond 345550AM9 1,765 1,120,000 PRN   SOLE   1,120,000 0 0
Forest City Enterprises Inc. Class A Common 345550107 7,365 376,541 SH   SOLE   376,198 0 343
Franklin Resources Inc Common 354613101 382 7,000 SH   SOLE   7,000 0 0
Freeport-McMoRan Copper & Gold, Inc. Common 35671D857 6,275 192,194 SH   SOLE   192,194 0 0
General Electric Co. Common 369604103 9,472 369,710 SH   SOLE   369,710 0 0
General Growth Properties Inc. Common 370023103 22,621 960,539 SH   SOLE   328,334 0 632,205
Goldman Sachs Group Inc. Common 38141G104 26,324 143,402 SH   SOLE   143,402 0 0
Google Inc. Class A Common 38259P508 1,156,546 1,965,557 SH   SOLE   1,854,023 0 111,534
Google Inc. Class C Common 38259P706 1,135,390 1,966,541 SH   SOLE   1,854,887 0 111,654
Grubhub Inc Common 400110102 10,064 293,927 SH   SOLE   293,927 0 0
Grupo Televisa S.A.B. ADR ADR 40049J206 22,862 674,803 SH   SOLE   674,803 0 0
Halliburton Co. Common 406216101 546 8,460 SH   SOLE   8,460 0 0
Harley-Davidson, Inc. Common 412822108 64,854 1,113,765 SH   SOLE   1,036,345 0 77,420
Hewlett Packard Co. Common 428236103 10,893 307,233 SH   SOLE   271,134 0 36,099
Highwoods Properties Inc. Common 431284108 8,642 222,167 SH   SOLE   74,697 0 147,470
Host Hotels & Resorts Inc. Common 44107P104 17,440 817,606 SH   SOLE   298,738 0 518,868
Hunter Douglas N.V. Foreign 5291810NL 74,176 1,752,796 SH   SOLE   1,696,176 0 56,620
ICICI Bank Limited ADR ADR 45104G104 6,666 135,757 SH   SOLE   135,757 0 0
IDEXX Laboratories, Inc. Common 45168D104 38,125 323,495 SH   SOLE   304,971 0 18,524
Intel Corp 3.25% 8/1/39 Bond 458140AF7 17,693 10,551,000 PRN   SOLE   10,551,000 0 0
Intel Corp. Common 458140100 6,258 179,705 SH   SOLE   159,663 0 20,042
International Business Machines Common 459200101 453,681 2,389,948 SH   SOLE   2,257,841 0 132,107
Jarden Corp. Common 471109108 602 10,020 SH   SOLE   10,020 0 0
JD.com Inc ADR ADR 47215P106 25,566 989,886 SH   SOLE   933,963 0 55,923
JPMorgan Chase & Co. Common 46625H100 667,834 11,086,115 SH   SOLE   10,461,769 0 624,346
Jumei International ADR ADR 48138L107 2,348 100,000 SH   SOLE   100,000 0 0
KBR, Inc. Common 48242W106 1,983 105,300 SH   SOLE   105,300 0 0
Kite Realty Group Trust Common 49803T300 12,430 512,807 SH   SOLE   176,127 0 336,680
Kohls Corp. Common 500255104 14,361 235,310 SH   SOLE   235,310 0 0
Laboratory Corporation of America Hldg Common 50540R409 609,534 5,989,780 SH   SOLE   5,590,157 0 399,623
Las Vegas Sands Corp. Common 517834107 726,815 11,685,689 SH   SOLE   11,015,012 0 670,677
LaSalle Hotel Properties Common 517942108 15,090 440,699 SH   SOLE   143,748 0 296,951
Liberty Global Plc Series C Common G5480U120 934,284 22,775,535 SH   SOLE   21,486,503 0 1,289,032
Liberty Media Interactive Series A Common 53071M104 282,551 9,907,673 SH   SOLE   9,389,653 0 518,020
Liberty Property Trust Common 531172104 16,645 500,456 SH   SOLE   120,414 0 380,042
Liberty TripAdvisor Holdings Inc., Class A Common 531465102 38,981 1,149,876 SH   SOLE   1,097,132 0 52,744
Liberty Ventures Series A Common 53071M880 43,649 1,149,876 SH   SOLE   1,097,132 0 52,744
Loews Corp. Common 540424108 375,208 9,005,737 SH   SOLE   8,444,285 0 561,452
Lowes Cos Inc. Common 548661107 15,553 293,832 SH   SOLE   261,331 0 32,501
Markel Corp. Common 570535104 219,397 344,882 SH   SOLE   335,062 0 9,820
Marsh & McLennan Co. Common 571748102 27,446 524,370 SH   SOLE   524,370 0 0
Masco Corp. Common 574599106 10,287 430,050 SH   SOLE   430,050 0 0
Mastercard, Inc. Common 57636Q104 1,373 18,570 SH   SOLE   18,570 0 0
Microsoft Corp. Common 594918104 434,531 9,372,850 SH   SOLE   8,774,378 0 598,472
Monsanto Co. Common 61166W101 207,976 1,848,439 SH   SOLE   1,724,107 0 124,332
Moody's Corp. Common 615369105 226,340 2,395,195 SH   SOLE   2,265,024 0 130,171
Nabors Industries Ltd. Common G6359F103 10,187 447,580 SH   SOLE   447,580 0 0
NetEase Inc. ADR ADR 64110W102 10,021 116,985 SH   SOLE   116,985 0 0
Netflix Inc. Common 64110L106 182,220 403,876 SH   SOLE   381,333 0 22,543
Nike Inc Common 654106103 11,161 125,129 SH   SOLE   110,755 0 14,374
Oracle Corporation Common 68389X105 314,660 8,219,711 SH   SOLE   7,693,481 0 526,230
PACCAR Inc. Common 693718108 459,894 8,085,710 SH   SOLE   7,571,817 0 513,893
Philip Morris International Inc. Common 718172109 82,674 991,480 SH   SOLE   918,596 0 72,884
Post Properties Inc. Common 737464107 28,662 558,274 SH   SOLE   175,727 0 382,547
Praxair, Inc. Common 74005P104 705,949 5,471,961 SH   SOLE   5,141,380 0 330,581
Prologis, Inc. Common 74340W103 7,483 198,485 SH   SOLE   69,425 0 129,060
Qihoo 360 Technology Co. ADR ADR 74734M109 149,113 2,209,632 SH   SOLE   2,088,237 0 121,395
Quanta Services, Inc. Common 74762E102 12,291 338,680 SH   SOLE   338,680 0 0
Quest Diagnostics Inc. Common 74834L100 296,104 4,879,416 SH   SOLE   4,576,469 0 302,947
Ramco-Gershenson Properties Trust Common 751452202 8,728 537,121 SH   SOLE   182,676 0 354,445
Republic Services, Inc. Common 760759100 705 18,080 SH   SOLE   18,080 0 0
Rockwell Automation Inc. Common 773903109 27,990 254,691 SH   SOLE   241,635 0 13,056
Salesforce.com Inc Common 79466L302 8,154 141,747 SH   SOLE   126,585 0 15,162
SAP AG ADR ADR 803054204 11,777 163,193 SH   SOLE   145,550 0 17,643
SBA Communications Corp. Class A Common 78388J106 7,010 63,209 SH   SOLE   63,153 0 56
Sigma-Aldrich Corp. Common 826552101 18,538 136,292 SH   SOLE   119,429 0 16,863
Simon Property Group Inc. Common 828806109 48,022 292,068 SH   SOLE   98,441 0 193,627
Soufun Holdings Ltd Class A ADR ADR 836034108 146,312 14,705,656 SH   SOLE   13,960,499 0 745,157
Sysco Corp. Common 871829107 399,517 10,527,468 SH   SOLE   9,953,039 0 574,429
Tanger Factory Outlet Centers, Inc. Common 875465106 11,546 352,864 SH   SOLE   117,549 0 235,315
Taubman Centers, Inc. Common 876664103 7,280 99,722 SH   SOLE   44,840 0 54,882
Terreno Realty Corp. Common 88146M101 12,925 686,390 SH   SOLE   230,827 0 455,563
Texas Instruments, Inc. Common 882508104 594,178 12,457,717 SH   SOLE   11,732,499 0 725,218
Textron Inc. Common 883203101 184,586 5,128,565 SH   SOLE   4,833,198 0 295,367
The Macerich Co. Common 554382101 3,939 61,714 SH   SOLE   22,996 0 38,718
The Priceline Group Inc. Common 741503403 411,893 355,506 SH   SOLE   333,890 0 21,616
The Sherwin Williams Co. Common 824348106 7,365 33,622 SH   SOLE   30,048 0 3,574
Tiffany & Co. Common 886547108 482 5,000 SH   SOLE   5,000 0 0
Time Warner Cable Inc. Common 88732J207 13,540 94,333 SH   SOLE   83,204 0 11,129
TJX Companies Inc. Common 872540109 6,211 104,933 SH   SOLE   93,353 0 11,580
Transdigm Group Inc. Common 893641100 19,956 108,257 SH   SOLE   100,866 0 7,391
Transocean Ltd. Common H8817H100 10,506 328,636 SH   SOLE   328,636 0 0
Twenty-First Century Fox Inc Class A Common 90130A101 10,162 296,356 SH   SOLE   296,356 0 0
Twenty-First Century Fox Inc Class B Common 90130A200 25,262 758,429 SH   SOLE   672,933 0 85,496
Tyson Foods Inc. Common 902494103 3,008 76,410 SH   SOLE   76,410 0 0
Tyson Foods Inc 4.75 07/15/17 Preferred 902494301 9,317 185,000 SH   SOLE   185,000 0 0
Ultra Petroleum Corp Common 903914109 456,217 19,609,259 SH   SOLE   18,417,706 0 1,191,553
Unilever NV - NY Shares ADR 904784709 7,983 201,216 SH   SOLE   174,447 0 26,769
United Parcel Service, Inc., Class B Common 911312106 235 2,388 SH   SOLE   0 0 2,388
United Rentals, Inc. Common 911363109 12,417 111,766 SH   SOLE   111,766 0 0
UnitedHealth Group Inc. Common 91324P102 1,144,865 13,273,506 SH   SOLE   12,482,671 0 790,835
Universal Health Services, Inc. Common 913903100 12,132 116,100 SH   SOLE   116,100 0 0
US Bancorp Common 902973304 38,263 914,750 SH   SOLE   866,325 0 48,425
US Steel Corp. Conv. Bond 2.75% 4/1/19 Bond 912909AH1 15,170 9,250,000 PRN   SOLE   9,250,000 0 0
Valeant Pharmaceuticals International Common 91911K102 463,013 3,529,237 SH   SOLE   3,315,207 0 214,030
Ventas, Inc. Common 92276F100 21,812 352,097 SH   SOLE   115,177 0 236,920
Vipshop Holdings Ltd. ADS ADR 92763W103 39,548 209,132 SH   SOLE   197,789 0 11,343
Visa Inc. Class A Common 92826C839 412,041 1,931,268 SH   SOLE   1,820,118 0 111,150
Vornado Realty Trust Common 929042109 18,925 189,327 SH   SOLE   70,080 0 119,247
W.R. Berkley Corp. Common 084423102 243 5,080 SH   SOLE   5,080 0 0
Washington Prime Group Inc Common 939647103 3,741 214,030 SH   SOLE   74,830 0 139,200
Waste Connections Inc. Common 941053100 11,690 240,930 SH   SOLE   240,930 0 0
WellPoint Inc. Common 94973V107 6,429 53,721 SH   SOLE   47,311 0 6,410
Wells Fargo & Co. Common 949746101 2,346,066 45,230,614 SH   SOLE   42,550,373 0 2,680,241
Wells Fargo & Co. Warrants Warrant 949746119 9,011 447,208 SH   SOLE   447,208 0 0
Wesco Aircraft Holdings, Inc. Common 950814103 98,052 5,635,547 SH   SOLE   5,339,044 0 296,503
Weyerhaeuser Co. Common 962166104 13,332 418,444 SH   SOLE   136,019 0 282,425
Whole Foods Market Inc. Common 966837106 10,036 263,334 SH   SOLE   263,334 0 0
Wynn Resorts Ltd. Common 983134107 1,963 10,493 SH   SOLE   10,484 0 9
Youku Tudou Inc. ADR ADR 98742U100 26,206 1,462,154 SH   SOLE   1,346,837 0 115,317
YY Inc. ADR ADR 98426T106 22,099 294,931 SH   SOLE   279,581 0 15,350