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 2,865 52,990 SH   SOLE   52,990 0 0
Acadia Realty Trust Common 004239109 27,794 989,477 SH   SOLE   306,087 0 683,390
Ace Limited Common H0023R105 343,226 3,309,858 SH   SOLE   3,128,062 0 181,796
Activision Blizzard, Inc. Common 00507V109 343,915 15,423,966 SH   SOLE   14,506,422 0 917,544
AES Corp. Common 00130H105 6,476 416,466 SH   SOLE   416,466 0 0
AES Trust III,6.75%,10/15/29 Preferred 00808N202 7,518 145,027 SH   SOLE   145,027 0 0
Agilent Technologies, Inc. Common 00846U101 171,857 2,991,923 SH   SOLE   2,810,021 0 181,902
Air Products & Chemicals, Inc. Common 009158106 616,460 4,792,882 SH   SOLE   4,503,921 0 288,961
Alexander & Baldwin, Inc. Common 014491104 7,215 174,070 SH   SOLE   173,910 0 160
Alexandria Real Estate Equities, Inc. Common 015271109 30,363 391,074 SH   SOLE   130,896 0 260,178
Alleghany Corp. Common 017175100 140,733 321,251 SH   SOLE   305,523 0 15,728
Allegheny Technologies, Inc. Common 01741R102 14,361 318,421 SH   SOLE   318,421 0 0
Altera Corp. Common 021441100 1,820 52,370 SH   SOLE   52,370 0 0
Amazon.Com, Inc. Common 023135106 760,486 2,341,553 SH   SOLE   2,212,875 0 128,678
American Campus Communities Inc. Common 024835100 19,943 521,510 SH   SOLE   160,985 0 360,525
American Express Co. Common 025816109 2,430,260 25,616,662 SH   SOLE   24,112,243 0 1,504,419
American International Group Inc. Common 026874784 35,923 658,180 SH   SOLE   658,180 0 0
American Tower Corp. Common 03027X100 39,827 442,616 SH   SOLE   149,402 0 293,214
Angie's List Inc. Common 034754101 25,940 2,172,487 SH   SOLE   1,985,180 0 187,307
Apple Inc. Common 037833100 306 3,290 SH   SOLE   3,290 0 0
Applied Materials, Inc. Common 038222105 7,448 330,324 SH   SOLE   290,357 0 39,967
Autozone Inc Common 053332102 391 730 SH   SOLE   730 0 0
Avalonbay Communities, Inc. Common 053484101 37,467 263,499 SH   SOLE   92,854 0 170,645
Bank of America Corp. Common 060505104 9,824 639,186 SH   SOLE   639,186 0 0
Bank of New York Mellon Corp. Common 064058100 2,489,542 66,434,305 SH   SOLE   62,947,735 0 3,486,570
Berkshire Hathaway Inc., Class A Common 084670108 1,530,218 8,058 SH   SOLE   7,650 0 408
Berkshire Hathaway Inc., Class B Common 084670702 248,284 1,961,337 SH   SOLE   1,782,469 0 178,868
Biomed Realty Trust Inc. Common 09063H107 15,921 729,330 SH   SOLE   170,304 0 559,026
Boardwalk Pipeline Partners Partnership 096627104 409 22,090 SH   SOLE   22,090 0 0
Boston Properties, Inc. Common 101121101 23,777 201,191 SH   SOLE   64,921 0 136,270
Brandywine Realty Trust Common 105368203 14,267 914,566 SH   SOLE   306,681 0 607,885
Brookfield Asset Management Inc., Class A Foreign 112585104 277,471 6,303,394 SH   SOLE   5,976,573 0 326,821
Canadian Natural Resources Ltd. Foreign 136385101 863,033 18,798,800 SH   SOLE   17,773,909 0 1,024,891
CarMax, Inc. Common 143130102 583,773 11,224,343 SH   SOLE   10,560,257 0 664,086
Cemex SA - ADR ADR 151290889 299 22,635 SH   SOLE   22,635 0 0
Charles Schwab Corp. Common 808513105 534,285 19,838,885 SH   SOLE   18,774,341 0 1,064,544
Citigroup Inc. Common 172967424 10,819 229,699 SH   SOLE   229,699 0 0
Coca Cola Co. Common 191216100 268 6,336 SH   SOLE   0 0 6,336
Colgate-Palmolive Co. Common 194162103 13,205 193,664 SH   SOLE   170,632 0 23,032
Coresite Realty Corp. Common 21870Q105 11,935 360,905 SH   SOLE   121,085 0 239,820
Corporate Office Properties Trust Common 22002T108 28,187 1,013,567 SH   SOLE   288,927 0 724,640
Costco Wholesale Corp. Common 22160K105 1,157,332 10,049,555 SH   SOLE   9,504,891 0 544,664
Coupons.com, Inc. Common 22265J102 13,158 500,120 SH   SOLE   500,120 0 0
Cousins Properties, Inc. Common 222795106 3,813 306,290 SH   SOLE   94,500 0 211,790
Ctrip.com International, Ltd. ADR ADR 22943F100 19,441 303,580 SH   SOLE   303,580 0 0
CubeSmart Common 229663109 18,508 1,010,259 SH   SOLE   309,964 0 700,295
CVS Caremark Corp. Common 126650100 679,269 9,012,151 SH   SOLE   8,490,249 0 521,902
DCT Industrial Trust Inc. Common 233153105 19,539 2,379,890 SH   SOLE   847,135 0 1,532,755
DDR Corporation Common 23317H102 4,486 254,443 SH   SOLE   254,218 0 225
Devon Energy Corp. Common 25179M103 15,215 191,620 SH   SOLE   191,620 0 0
Diageo PLC - ADR ADR 25243Q205 119,653 940,442 SH   SOLE   784,040 0 156,402
Disney Walt Holdings Common 254687106 243,290 2,837,675 SH   SOLE   2,671,845 0 165,830
DuPont Fabros Technology Inc. Common 26613Q106 15,883 589,140 SH   SOLE   156,528 0 432,612
Eastgroup Properties, Inc. Common 277276101 16,369 254,847 SH   SOLE   90,554 0 164,293
Ecolab Inc. Common 278865100 474,796 4,264,985 SH   SOLE   4,012,551 0 252,434
Education Realty Trust, Inc. Common 28140H104 14,902 1,387,528 SH   SOLE   364,160 0 1,023,368
EOG Resources, Inc. Common 26875P101 752,039 6,436,091 SH   SOLE   6,058,131 0 377,960
EPR Properties Common 26884U109 11,535 206,453 SH   SOLE   62,863 0 143,590
Equity Lifestyle Properties, Inc. Common 29472R108 11,950 270,611 SH   SOLE   84,361 0 186,250
Essex Property Trust, Inc. Common 297178105 24,453 132,244 SH   SOLE   45,545 0 86,699
Everest Re Group, Ltd. Common G3223R108 162,139 1,010,277 SH   SOLE   970,312 0 39,965
Expeditors Int'l of Washington Inc. Common 302130109 5,683 128,680 SH   SOLE   128,680 0 0
Express Scripts Holding Co. Common 30219G108 742,071 10,703,208 SH   SOLE   10,010,497 0 692,711
Fairchild Semiconductor International Common 303726103 7,184 460,527 SH   SOLE   460,527 0 0
Federal Realty Investment Trust Common 313747206 17,571 145,313 SH   SOLE   53,367 0 91,946
FedEx Corp. Common 31428X106 12,323 81,402 SH   SOLE   71,192 0 10,210
First Industrial Realty Trust, Inc. Common 32054K103 4,041 214,515 SH   SOLE   72,450 0 142,065
First Solar, Inc. Common 336433107 286 4,030 SH   SOLE   4,030 0 0
Forest City Ent FCE 4.25 Bond 345550AP2 10,693 9,463,000 PRN   SOLE   9,463,000 0 0
Forest City Ent FCE 5 Bond 345550AM9 1,786 1,120,000 PRN   SOLE   1,120,000 0 0
Forest City Enterprises Inc. Class A Common 345550107 15,758 793,037 SH   SOLE   792,509 0 528
Franklin Resources Inc Common 354613101 231 4,000 SH   SOLE   4,000 0 0
Freeport-McMoRan Copper & Gold, Inc. Common 35671D857 6,441 176,464 SH   SOLE   176,464 0 0
General Electric Co. Common 369604103 8,891 338,320 SH   SOLE   338,320 0 0
General Growth Properties Inc. Common 370023103 23,475 996,400 SH   SOLE   339,420 0 656,980
Goldman Sachs Group Inc. Common 38141G104 24,097 143,912 SH   SOLE   143,912 0 0
Google Inc. Class A Common 38259P508 1,154,489 1,974,580 SH   SOLE   1,863,314 0 111,266
Google Inc. Class C Common 38259P706 1,136,268 1,975,118 SH   SOLE   1,863,774 0 111,344
Grubhub Inc Common 400110102 10,785 304,560 SH   SOLE   304,560 0 0
Grupo Televisa S.A.B. ADR ADR 40049J206 24,196 705,203 SH   SOLE   705,203 0 0
Halliburton Co. Common 406216101 601 8,460 SH   SOLE   8,460 0 0
Harley-Davidson, Inc. Common 412822108 182,322 2,610,372 SH   SOLE   2,457,398 0 152,974
Hewlett Packard Co. Common 428236103 140,903 4,183,539 SH   SOLE   3,933,016 0 250,523
Highwoods Properties Inc. Common 431284108 8,329 198,537 SH   SOLE   66,377 0 132,160
Host Hotels & Resorts Inc. Common 44107P104 21,319 968,592 SH   SOLE   343,869 0 624,723
Hunter Douglas N.V. Foreign 5291810NL 83,761 1,747,926 SH   SOLE   1,691,306 0 56,620
ICICI Bank Limited ADR ADR 45104G104 6,774 135,757 SH   SOLE   135,757 0 0
IDEXX Laboratories, Inc. Common 45168D104 24,745 185,256 SH   SOLE   170,002 0 15,254
Intel Corp 3.25 8/1/39 Bond 458140AF7 19,360 12,551,000 PRN   SOLE   12,551,000 0 0
Intel Corp. Common 458140100 5,512 178,377 SH   SOLE   157,858 0 20,519
International Business Machines Common 459200101 3,926 21,659 SH   SOLE   18,349 0 3,310
International Rectifier Corp. Common 460254105 8,632 309,390 SH   SOLE   309,390 0 0
JD.com Inc ADR ADR 47215P106 20,431 716,832 SH   SOLE   664,580 0 52,252
JPMorgan Chase & Co. Common 46625H100 640,948 11,123,809 SH   SOLE   10,497,208 0 626,601
Jumei International ADR ADR 48138L107 2,720 100,000 SH   SOLE   100,000 0 0
Kohls Corp. Common 500255104 12,386 235,110 SH   SOLE   235,110 0 0
Laboratory Corporation of America Hldg Common 50540R409 690,874 6,747,256 SH   SOLE   6,345,899 0 401,357
Las Vegas Sands Corp. Common 517834107 763,934 10,023,021 SH   SOLE   9,467,459 0 555,562
LaSalle Hotel Properties Common 517942108 14,961 423,936 SH   SOLE   135,325 0 288,611
Liberty Global Plc Series C Common G5480U120 890,817 21,054,947 SH   SOLE   19,884,283 0 1,170,664
Liberty Interactive Corp. Series A Common 53071M104 291,822 9,940,041 SH   SOLE   9,421,563 0 518,478
Liberty Property Trust Common 531172104 26,940 710,248 SH   SOLE   192,036 0 518,212
Liberty Ventures Series A Common 53071M880 85,062 1,152,602 SH   SOLE   1,099,858 0 52,744
Loews Corp. Common 540424108 511,752 11,628,512 SH   SOLE   10,963,102 0 665,410
Lowes Cos Inc. Common 548661107 13,536 282,149 SH   SOLE   251,466 0 30,683
Markel Corp. Common 570535104 215,790 329,134 SH   SOLE   319,416 0 9,718
Marsh & McLennan Co. Common 571748102 27,256 525,970 SH   SOLE   525,970 0 0
Martin Marietta Materials, Inc. Common 573284106 94,674 716,959 SH   SOLE   679,189 0 37,770
Masco Corp. Common 574599106 9,528 429,180 SH   SOLE   429,180 0 0
Mastercard, Inc. Common 57636Q104 1,422 19,350 SH   SOLE   19,350 0 0
Microsoft Corp. Common 594918104 402,527 9,651,997 SH   SOLE   9,054,063 0 597,934
Molycorp 3.25% Bond 608753AA7 5,550 7,500,000 PRN   SOLE   7,500,000 0 0
Molycorp 6% Bond 608753AF6 6,151 9,500,000 PRN   SOLE   9,500,000 0 0
Monsanto Co. Common 61166W101 248,887 1,995,210 SH   SOLE   1,870,249 0 124,961
Moody's Corp. Common 615369105 210,936 2,406,257 SH   SOLE   2,275,919 0 130,338
Nabors Industries Ltd. Common G6359F103 12,695 432,240 SH   SOLE   432,240 0 0
NetEase Inc. ADR ADR 64110W102 9,470 120,850 SH   SOLE   120,850 0 0
Netflix Inc. Common 64110L106 184,334 418,368 SH   SOLE   395,756 0 22,612
Nike Inc Common 654106103 9,486 122,321 SH   SOLE   108,024 0 14,297
Occidental Petroleum Corp. Common 674599105 87,611 853,711 SH   SOLE   798,024 0 55,687
Oracle Corporation Common 68389X105 348,185 8,590,789 SH   SOLE   8,061,881 0 528,908
PACCAR Inc. Common 693718108 510,273 8,121,422 SH   SOLE   7,607,445 0 513,977
Philip Morris International Inc. Common 718172109 190,534 2,259,796 SH   SOLE   2,122,966 0 136,830
Post Properties Inc. Common 737464107 26,660 498,683 SH   SOLE   155,896 0 342,787
Praxair, Inc. Common 74005P104 248,147 1,868,017 SH   SOLE   1,760,977 0 107,040
Progressive Corp. Common 743315103 14,469 570,530 SH   SOLE   570,530 0 0
Qihoo 360 Technology Co. ADR ADR 74734M109 203,618 2,212,357 SH   SOLE   2,092,071 0 120,286
Quanta Services, Inc. Common 74762E102 11,712 338,680 SH   SOLE   338,680 0 0
Quest Diagnostics Inc. Common 74834L100 274,240 4,672,681 SH   SOLE   4,406,640 0 266,041
Regency Centers Corporation Common 758849103 8,324 149,497 SH   SOLE   0 0 149,497
Republic Services, Inc. Common 760759100 901 23,720 SH   SOLE   23,720 0 0
Rockwell Automation Inc. Common 773903109 18,697 149,377 SH   SOLE   141,618 0 7,759
Salesforce.com Inc Common 79466L302 7,910 136,227 SH   SOLE   121,973 0 14,254
SAP AG ADR ADR 803054204 12,500 162,343 SH   SOLE   145,428 0 16,915
SBA Communications Corp. Class A Common 78388J106 6,466 63,207 SH   SOLE   63,151 0 56
Schlumberger Ltd. Common 806857108 122,042 1,034,694 SH   SOLE   966,823 0 67,871
Sigma-Aldrich Corp. Common 826552101 24,319 239,643 SH   SOLE   208,326 0 31,317
Simon Property Group Inc. Common 828806109 43,336 260,619 SH   SOLE   87,097 0 173,522
Sinovac Biotech Ltd. Foreign P8696W104 7,053 1,250,546 SH   SOLE   1,250,546 0 0
Soufun Holdings Ltd Class A ADR ADR 836034108 142,500 14,556,098 SH   SOLE   13,825,578 0 730,520
Sysco Corp. Common 871829107 393,363 10,503,009 SH   SOLE   9,934,624 0 568,385
Tanger Factory Outlet Centers, Inc. Common 875465106 20,073 574,012 SH   SOLE   191,657 0 382,355
Taubman Centers, Inc. Common 876664103 9,950 131,253 SH   SOLE   77,897 0 53,356
Terreno Realty Corp. Common 88146M101 11,844 612,725 SH   SOLE   204,492 0 408,233
Texas Instruments, Inc. Common 882508104 596,504 12,481,835 SH   SOLE   11,758,884 0 722,951
Textron Inc. Common 883203101 196,669 5,136,020 SH   SOLE   4,845,459 0 290,561
The Priceline Group Inc. Common 741503403 430,457 357,811 SH   SOLE   336,383 0 21,428
The Sherwin Williams Co. Common 824348106 6,797 32,850 SH   SOLE   29,319 0 3,531
Tiffany & Co. Common 886547108 501 5,000 SH   SOLE   5,000 0 0
Time Warner Cable Inc. Common 88732J207 13,113 89,017 SH   SOLE   78,329 0 10,688
TJX Companies Inc. Common 872540109 5,447 102,493 SH   SOLE   91,018 0 11,475
Toronto Dominion Bank Foreign 891160509 329 6,390 SH   SOLE   6,390 0 0
Transdigm Group Inc. Common 893641100 18,157 108,556 SH   SOLE   101,115 0 7,441
Transocean Ltd. Common H8817H100 11,886 263,966 SH   SOLE   263,966 0 0
Twenty-First Century Fox Inc Class A Common 90130A101 10,396 295,756 SH   SOLE   295,756 0 0
Twenty-First Century Fox Inc Class B Common 90130A200 12,861 375,713 SH   SOLE   344,620 0 31,093
Twitter Inc. Common 90184L102 46,429 1,133,250 SH   SOLE   1,082,070 0 51,180
Tyson Foods Inc. Common 902494103 8,364 222,810 SH   SOLE   222,810 0 0
Ultra Petroleum Corp Common 903914109 139,250 4,690,130 SH   SOLE   4,458,789 0 231,341
Unilever NV - NY Shares ADR 904784709 8,594 196,426 SH   SOLE   169,843 0 26,583
United Parcel Service, Inc., Class B Common 911312106 243 2,372 SH   SOLE   0 0 2,372
United Rental 4% Convertible Bond Bond 911363AL3 12,946 1,377,000 PRN   SOLE   1,377,000 0 0
UnitedHealth Group Inc. Common 91324P102 1,105,475 13,522,334 SH   SOLE   12,708,343 0 813,991
Universal Health Services, Inc. Common 913903100 13,943 145,600 SH   SOLE   145,600 0 0
US Bancorp Common 902973304 31,311 722,779 SH   SOLE   676,236 0 46,543
US Steel Corp. Conv. Bond 2.75% 4/1/19 Bond 912909AH1 15,834 12,750,000 PRN   SOLE   12,750,000 0 0
Valeant Pharmaceuticals International Common 91911K102 397,815 3,153,748 SH   SOLE   2,969,035 0 184,713
Ventas, Inc. Common 92276F100 16,741 261,166 SH   SOLE   85,312 0 175,854
Vipshop Holdings Ltd. ADS ADR 92763W103 77,119 410,745 SH   SOLE   377,863 0 32,882
Visa Inc. Class A Common 92826C839 401,808 1,907,010 SH   SOLE   1,814,941 0 92,069
Vornado Realty Trust Common 929042109 19,423 181,981 SH   SOLE   66,084 0 115,897
W.R. Berkley Corp. Common 084423102 235 5,080 SH   SOLE   5,080 0 0
Washington Prime Group Inc Common 939647103 2,442 130,307 SH   SOLE   43,547 0 86,760
Waste Connections Inc. Common 941053100 11,673 240,440 SH   SOLE   240,440 0 0
WellPoint Inc. Common 94973V107 6,144 57,098 SH   SOLE   50,751 0 6,347
Wells Fargo & Co. Common 949746101 2,474,976 47,086,993 SH   SOLE   44,392,516 0 2,694,477
Wells Fargo & Co. Warrants Warrant 949746119 10,067 466,489 SH   SOLE   466,489 0 0
Wesco Aircraft Holdings, Inc. Common 950814103 103,196 5,170,380 SH   SOLE   4,891,774 0 278,606
Weyerhaeuser Co. Common 962166104 19,323 583,954 SH   SOLE   136,029 0 447,925
Whole Foods Market Inc. Common 966837106 9,692 250,884 SH   SOLE   250,884 0 0
Youku Tudou Inc. ADR ADR 98742U100 34,618 1,451,514 SH   SOLE   1,337,728 0 113,786