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
3-D SYSTEMS CORP NEW COMMON 88554D205 308 20,593 SH   SOLE   0 0 20,593
3M CO COMMON 88579Y101 5,020 26,238 SH   SOLE   0 0 26,238
ABBOTT LABORATORIES COMMON 002824100 1,752 39,451 SH   SOLE   0 0 39,451
ABBVIE INC COMMON 00287Y109 1,192 18,286 SH   SOLE   0 0 18,286
ACCENTURE PLC IRELAND SHS CLAS COMMON G1151C101 15,771 131,558 SH   SOLE   2,300 0 129,258
ADOBE SYSTEMS, INC COMMON 00724F101 8,778 67,458 SH   SOLE   0 0 67,458
ADVISORY BOARD CO COMMON 00762W107 27,876 595,633 SH   SOLE   57,200 0 538,433
AIR LEASE CORP CL A COMMON 00912X302 72,871 1,880,538 SH   SOLE   105,000 0 1,775,538
AIR PRODUCTS & CHEMICALS INC COMMON 009158106 10,643 78,668 SH   SOLE   0 0 78,668
ALCOA CORP COMMON 013872106 7,396 214,988 SH   SOLE   0 0 214,988
ALPHABET INC CAP STK CL A COMMON 02079K305 33,830 39,904 SH   SOLE   2,900 0 37,004
ALPHABET INC CAP STK CL C COMMON 02079K107 55,939 67,432 SH   SOLE   3,683 0 63,749
ALTRIA GROUP INC COMMON 02209S103 1,105 15,471 SH   SOLE   0 0 15,471
AMAZON.COM INC COMMON 023135106 1,327 1,497 SH   SOLE   0 0 1,497
AMERICAN AIRLINES GROUP INC COMMON 02376R102 19,550 462,174 SH   SOLE   51,000 0 411,174
AMERICAN EXPRESS CO COMMON 025816109 57,603 728,140 SH   SOLE   38,000 0 690,140
AMERICAN INTL GROUP NEW COMMON 026874784 4,272 68,425 SH   SOLE   0 0 68,425
AMERICAN TOWER CORP REIT COMMON 03027X100 18,434 151,671 SH   SOLE   7,500 0 144,171
AMGEN, INC COMMON 031162100 48,671 296,645 SH   SOLE   15,500 0 281,145
ANADARKO PETROLEUM CORP COMMON 032511107 207 3,340 SH   SOLE   0 0 3,340
ANTHRACITE CAP INC COMMON 037023108 0 13,772 SH   SOLE   0 0 13,772
APACHE CORP COMMON 037411105 1,096 21,332 SH   SOLE   0 0 21,332
APPLE INC COMMON 037833100 9,986 69,512 SH   SOLE   0 0 69,512
ARCONIC INC COMMON 03965L100 61,978 2,352,995 SH   SOLE   136,833 0 2,216,162
AT&T INC COMMON 00206R102 1,250 30,085 SH   SOLE   0 0 30,085
AUTOMATIC DATA PROCESSING COMMON 053015103 2,301 22,475 SH   SOLE   0 0 22,475
AVALONBAY COMMUNITIES INC COMMON 053484101 2,216 12,068 SH   SOLE   0 0 12,068
BANK OF AMERICA CORP COMMON 060505104 627 26,573 SH   SOLE   0 0 26,573
BANKUNITED INC COMMON 06652K103 62,098 1,664,374 SH   SOLE   87,750 0 1,576,624
BB&T CORP COMMON 054937107 51,713 1,156,897 SH   SOLE   23,500 0 1,133,397
BECTON DICKINSON & CO COMMON 075887109 446 2,431 SH   SOLE   0 0 2,431
BERKSHIRE HATHAWAY INC CL B NE COMMON 084670702 1,557 9,340 SH   SOLE   0 0 9,340
BIOGEN INC COMMON 09062X103 220 804 SH   SOLE   0 0 804
BLACKSTONE GROUP L P UNIT LTD COMMON 09253U108 33,797 1,137,951 SH   SOLE   80,750 0 1,057,201
BOEING CO COMMON 097023105 627 3,548 SH   SOLE   0 0 3,548
BORG WARNER INC COMMON 099724106 62,259 1,489,811 SH   SOLE   23,700 0 1,466,111
BRISTOL-MYERS SQUIBB CO COMMON 110122108 28,326 520,894 SH   SOLE   6,000 0 514,894
CAMBRIDGE HEART INC COMMON 131910101 0 302,350 SH   SOLE   0 0 302,350
CATERPILLAR INC COMMON 149123101 708 7,632 SH   SOLE   0 0 7,632
CELGENE CORP COMMON 151020104 48,776 391,993 SH   SOLE   34,400 0 357,593
CERNER CORP COMMON 156782104 68,756 1,168,324 SH   SOLE   52,000 0 1,116,324
CHARLES SCHWAB CORP NEW COMMON 808513105 6,597 161,641 SH   SOLE   1,000 0 160,641
CHEVRON CORP NEW COMMON 166764100 6,898 64,246 SH   SOLE   0 0 64,246
CHIPOTLE MEXICAN GRILL CL A COMMON 169656105 717 1,609 SH   SOLE   0 0 1,609
CHUBB LIMITED COMMON H1467J104 565 4,149 SH   SOLE   0 0 4,149
CISCO SYSTEMS INC COMMON 17275R102 68,889 2,038,131 SH   SOLE   88,500 0 1,949,631
CITIGROUP INC NEW COMMON 172967424 535 8,936 SH   SOLE   0 0 8,936
COCA-COLA CO COMMON 191216100 3,058 72,046 SH   SOLE   0 0 72,046
COLGATE PALMOLIVE CO COMMON 194162103 8,999 122,960 SH   SOLE   0 0 122,960
COMCAST CORP CL A COMMON 20030N101 22,000 585,270 SH   SOLE   74,580 0 510,690
CORE LABORATORIES N V COMMON N22717107 5,382 46,592 SH   SOLE   8,000 0 38,592
CORNING INC COMMON 219350105 38,511 1,426,348 SH   SOLE   12,000 0 1,414,348
COSTCO WHOLESALE CORP NEW COMMON 22160K105 803 4,788 SH   SOLE   0 0 4,788
CVS HEALTH CORP COMMON 126650100 252 3,204 SH   SOLE   0 0 3,204
DANAHER CORP DEL COMMON 235851102 47,537 555,791 SH   SOLE   40,500 0 515,291
DANONE SPONSORED ADR COMMON 23636T100 1,403 102,901 SH   SOLE   0 0 102,901
DEERE & CO COMMON 244199105 202 1,855 SH   SOLE   0 0 1,855
DELPHI AUTOMOTIVE PLC SHS COMMON G27823106 73,315 910,853 SH   SOLE   56,900 0 853,953
DELTA AIR LINES, INC COMMON 247361702 96,409 2,097,670 SH   SOLE   107,500 0 1,990,170
DENTSPLY SIRONA INC COMMON 24906P109 33,231 532,213 SH   SOLE   12,000 0 520,213
DIAGEO PLC ADR COMMON 25243Q205 55,779 482,604 SH   SOLE   24,400 0 458,204
DIGITALGLOBE INC NEW COMMON 25389M877 54,806 1,673,470 SH   SOLE   96,500 0 1,576,970
DISCOVERY COMMUNICATIONS NEW S COMMON 25470F104 1,092 37,544 SH   SOLE   0 0 37,544
DISCOVERY COMMUNICATIONS NEW S COMMON 25470F302 26,173 924,509 SH   SOLE   74,000 0 850,509
DISNEY (WALT) CO COMMON 254687106 9,741 85,907 SH   SOLE   0 0 85,907
DOMINION RESOURCES INC COMMON 25746U109 224 2,890 SH   SOLE   0 0 2,890
DOW CHEMICAL CO COMMON 260543103 1,049 16,517 SH   SOLE   0 0 16,517
DUNKIN BRANDS GROUP INC COMMON 265504100 305 5,580 SH   SOLE   0 0 5,580
EATON CORP PLC SHS COMMON G29183103 6,821 91,993 SH   SOLE   0 0 91,993
EBAY INC COMMON 278642103 4,605 137,165 SH   SOLE   0 0 137,165
ECOLAB INC COMMON 278865100 26,240 209,354 SH   SOLE   7,000 0 202,354
EMERSON ELECTRIC CO COMMON 291011104 738 12,325 SH   SOLE   0 0 12,325
ENTERPRISE PRODUCTS PARTNERS COMMON 293792107 287 10,401 SH   SOLE   0 0 10,401
ENVISION HEALTHCARE CO COMMON 29414D100 2,128 34,702 SH   SOLE   0 0 34,702
EQUINIX INC COMMON 29444U700 63,727 159,170 SH   SOLE   13,039 0 146,131
EXPEDIA INC NEW COMMON 30212P303 29,621 234,770 SH   SOLE   21,900 0 212,870
EXPEDITORS INTL OF WASHINGTON COMMON 302130109 13,172 233,178 SH   SOLE   0 0 233,178
EXXON MOBIL CORP COMMON 30231G102 4,552 55,506 SH   SOLE   0 0 55,506
FACEBOOK INC CL A COMMON 30303M102 34,584 243,467 SH   SOLE   25,250 0 218,217
FASTENAL CO COMMON 311900104 7,283 141,408 SH   SOLE   0 0 141,408
FEDEX CORP COMMON 31428X106 4,681 23,989 SH   SOLE   0 0 23,989
FIRST REPUBLIC BANK, INC COMMON 33616C100 32,321 344,534 SH   SOLE   30,000 0 314,534
FORD MOTOR CO COMMON 345370860 38,127 3,275,509 SH   SOLE   24,000 0 3,251,509
FORTIVE CORP COMMON 34959J108 26,413 438,615 SH   SOLE   37,200 0 401,415
FORTUNE BRANDS HOME & SECURITY COMMON 34964C106 33,868 556,584 SH   SOLE   12,000 0 544,584
FULTON FINANCIAL CORP PA COMMON 360271100 214 12,000 SH   SOLE   0 0 12,000
GANNETT CO INC (NEW) COMMON 36473H104 330 39,433 SH   SOLE   0 0 39,433
GENERAL ELECTRIC CO COMMON 369604103 33,487 1,123,718 SH   SOLE   2,000 0 1,121,718
GENERAL MOTORS CO COMMON 37045V100 81,039 2,291,838 SH   SOLE   91,000 0 2,200,838
GILEAD SCIENCES INC COMMON 375558103 706 10,398 SH   SOLE   0 0 10,398
GOLDMAN SACHS GROUP COMMON 38141G104 242 1,054 SH   SOLE   0 0 1,054
HAIN CELESTIAL GROUP INC COMMON 405217100 1,003 26,955 SH   SOLE   0 0 26,955
HARTCOURT COMPANIES INC NEW COMMON 416187201 0 10,000 SH   SOLE   0 0 10,000
HOLLYFRONTIER CORP COMMON 436106108 44,072 1,555,111 SH   SOLE   74,000 0 1,481,111
HOME DEPOT INC COMMON 437076102 1,247 8,493 SH   SOLE   0 0 8,493
HONEYWELL INTL INC COMMON 438516106 32,307 258,725 SH   SOLE   23,500 0 235,225
HP INC COMMON 40434L105 13,430 751,132 SH   SOLE   20,000 0 731,132
HUBBELL INC COMMON 443510607 718 5,981 SH   SOLE   0 0 5,981
HUDSONS BAY CO NEW COMMON 444218101 39,002 4,892,349 SH   SOLE   159,500 0 4,732,849
IAC INTERACTIVECORP COMMON 44919P508 43,335 587,837 SH   SOLE   42,400 0 545,437
IHS MARKIT LTD SHS COMMON G47567105 607 14,471 SH   SOLE   0 0 14,471
ILLINOIS TOOL WORKS INC COMMON 452308109 19,962 150,689 SH   SOLE   2,500 0 148,189
ILLUMINA INC COMMON 452327109 82,687 484,567 SH   SOLE   20,900 0 463,667
INTEL CORP COMMON 458140100 33,792 936,832 SH   SOLE   18,510 0 918,322
INTERNATIONAL BUSINESS MACHINE COMMON 459200101 9,140 52,486 SH   SOLE   0 0 52,486
ISTAR INC COMMON 45031U101 2,127 180,233 SH   SOLE   0 0 180,233
JOHNSON & JOHNSON COMMON 478160104 10,209 81,964 SH   SOLE   0 0 81,964
JPMORGAN CHASE & CO COMMON 46625H100 44,244 503,693 SH   SOLE   13,000 0 490,693
KANSAS CITY SOUTHERN NEW COMMON 485170302 8,160 95,149 SH   SOLE   0 0 95,149
KIMBERLY CLARK CORP COMMON 494368103 497 3,775 SH   SOLE   0 0 3,775
KRAFT HEINZ CO COMMON 500754106 322 3,550 SH   SOLE   0 0 3,550
L BRANDS INC COMMON 501797104 15,332 325,520 SH   SOLE   14,000 0 311,520
LAMAR ADVERTISING CO NEW CL A COMMON 512816109 2,154 28,825 SH   SOLE   0 0 28,825
LAUDER ESTEE COS INC CL A COMMON 518439104 6,952 81,995 SH   SOLE   9,000 0 72,995
LEVEL 3 COMMUNICATIONS NEW COMMON 52729N308 9,376 163,860 SH   SOLE   0 0 163,860
LILLY ELI & CO COMMON 532457108 547 6,504 SH   SOLE   0 0 6,504
LOWES COS INC COMMON 548661107 9,142 111,198 SH   SOLE   7,000 0 104,198
LUXOTTICA GROUP S P A SPON ADR COMMON 55068R202 2,504 45,491 SH   SOLE   0 0 45,491
MACYS INC COMMON 55616P104 29,879 1,008,063 SH   SOLE   59,200 0 948,863
MAGELLAN MIDSTREAM PARTNERS LP COMMON 559080106 206 2,680 SH   SOLE   0 0 2,680
MANHATTAN ASSOCIATES INC COMMON 562750109 37,501 720,483 SH   SOLE   53,800 0 666,683
MARATHON PETROLEUM CORP COMMON 56585A102 41,731 825,698 SH   SOLE   51,800 0 773,898
MARSH & MCLENNAN COMPANIES, IN COMMON 571748102 396 5,359 SH   SOLE   0 0 5,359
MARTIN MARIETTA MATERIALS INC COMMON 573284106 835 3,828 SH   SOLE   0 0 3,828
MASCO CORP COMMON 574599106 32,308 950,526 SH   SOLE   10,300 0 940,226
MASTERCARD INC CL A COMMON 57636Q104 62,529 555,965 SH   SOLE   40,100 0 515,865
MCCORMICK & CO INC COMMON 579780206 1,286 13,180 SH   SOLE   0 0 13,180
MCDONALD'S CORP COMMON 580135101 296 2,282 SH   SOLE   0 0 2,282
MERCK & CO INC NEW COMMON 58933Y105 28,525 448,934 SH   SOLE   12,000 0 436,934
METLIFE INC COMMON 59156R108 72,486 1,372,325 SH   SOLE   60,000 0 1,312,325
MICROCHIP TECHNOLOGY INC COMMON 595017104 1,345 18,225 SH   SOLE   0 0 18,225
MICROSOFT CORP COMMON 594918104 77,957 1,183,685 SH   SOLE   62,300 0 1,121,385
MONDELEZ INTL INC CL A COMMON 609207105 1,529 35,482 SH   SOLE   0 0 35,482
MONSTER BEVERAGE CORP COMMON 61174X109 282 6,105 SH   SOLE   0 0 6,105
MORGAN STANLEY NEW COMMON 617446448 9,234 215,550 SH   SOLE   45,000 0 170,550
NESTLE S A SPON ADR COMMON 641069406 52,453 683,189 SH   SOLE   31,000 0 652,189
NIELSEN HOLDINGS PLC COMMON G6518L108 17,699 428,435 SH   SOLE   22,000 0 406,435
NIKE INC CL B COMMON 654106103 399 7,159 SH   SOLE   0 0 7,159
NORDSTROM, INC COMMON 655664100 18,164 390,027 SH   SOLE   600 0 389,427
NOVARTIS A G SPON ADR COMMON 66987V109 33,279 448,083 SH   SOLE   26,500 0 421,583
NOVO-NORDISK A S ADR COMMON 670100205 1,377 40,175 SH   SOLE   0 0 40,175
NVIDIA CORP COMMON 67066G104 34,740 318,920 SH   SOLE   40,000 0 278,920
ORACLE CORP COMMON 68389X105 474 10,636 SH   SOLE   0 0 10,636
PAYCHEX INC COMMON 704326107 320 5,432 SH   SOLE   0 0 5,432
PAYPAL HOLDINGS INC COMMON 70450Y103 24,859 577,847 SH   SOLE   19,700 0 558,147
PEPSICO INC COMMON 713448108 22,909 204,802 SH   SOLE   600 0 204,202
PERRIGO CO PCL SHS COMMON G97822103 293 4,415 SH   SOLE   0 0 4,415
PFIZER INC COMMON 717081103 2,730 79,796 SH   SOLE   0 0 79,796
PHILIP MORRIS INTL INC COMMON 718172109 1,166 10,331 SH   SOLE   0 0 10,331
PHILLIPS 66 COMMON 718546104 276 3,482 SH   SOLE   0 0 3,482
PRAXAIR INC COMMON 74005P104 29,769 251,008 SH   SOLE   21,500 0 229,508
PREMIER INC CL A COMMON 74051N102 29,898 939,297 SH   SOLE   26,000 0 913,297
PROCTER & GAMBLE CO COMMON 742718109 4,857 54,062 SH   SOLE   0 0 54,062
PROGRESSIVE CORP COMMON 743315103 208 5,300 SH   SOLE   0 0 5,300
PROLOGIS INC COMMON 74340W103 676 13,033 SH   SOLE   0 0 13,033
PRUDENTIAL FINANCIAL INC COMMON 744320102 65,076 610,009 SH   SOLE   31,800 0 578,209
QIAGEN NV SHS NEW COMMON N72482123 38,661 1,334,522 SH   SOLE   99,184 0 1,235,338
QUALCOMM INC COMMON 747525103 69,516 1,212,343 SH   SOLE   62,000 0 1,150,343
REXNORD CORP NEW COMMON 76169B102 11,074 479,825 SH   SOLE   0 0 479,825
SANOFI SPONSORED ADR COMMON 80105N105 4,334 95,775 SH   SOLE   0 0 95,775
SCHLUMBERGER LTD COMMON 806857108 12,646 161,924 SH   SOLE   12,000 0 149,924
SMUCKER J M CO NEW COMMON 832696405 28,596 218,154 SH   SOLE   13,000 0 205,154
SOLUCORP INDUSTRIES LTD COMMON 83437C102 0 17,000 SH   SOLE   0 0 17,000
SOUTHWEST AIRLINES CO COMMON 844741108 47,199 877,958 SH   SOLE   1,200 0 876,758
STANLEY BLACK & DECKER COMMON 854502101 13,453 101,250 SH   SOLE   20,000 0 81,250
STARBUCKS CORP COMMON 855244109 6,382 109,301 SH   SOLE   0 0 109,301
STERICYCLE INC COMMON 858912108 10,114 122,021 SH   SOLE   0 0 122,021
STRATASYS LTD SHS COMMON M85548101 23,022 1,123,554 SH   SOLE   43,500 0 1,080,054
STRYKER CORP COMMON 863667101 276 2,100 SH   SOLE   0 0 2,100
SUN COMMUNITIES INC COMMON 866674104 249 3,104 SH   SOLE   0 0 3,104
SYNCHRONY FINANCIAL COMMON 87165B103 71,176 2,075,102 SH   SOLE   89,382 0 1,985,720
TARGET CORP COMMON 87612E106 267 4,846 SH   SOLE   0 0 4,846
TD AMERITRADE HOLDING CORP COMMON 87236Y108 12,000 308,790 SH   SOLE   1,000 0 307,790
TEGNA INC COMMON 87901J105 12,898 503,445 SH   SOLE   0 0 503,445
TELUS CORP COMMON 87971M103 1,398 43,050 SH   SOLE   0 0 43,050
THERMO FISHER SCIENTIFIC COMMON 883556102 57,860 376,691 SH   SOLE   28,900 0 347,791
THOMSON REUTERS CORP COMMON 884903105 1,809 41,840 SH   SOLE   0 0 41,840
TIME WARNER INC NEW COMMON 887317303 554 5,674 SH   SOLE   0 0 5,674
TRANSDIGM GROUP INC COMMON 893641100 618 2,805 SH   SOLE   0 0 2,805
TRUSTCO BK CORP N Y COMMON 898349105 94 12,000 SH   SOLE   0 0 12,000
ULTRA PETROLEUM CORP COMMON 903914109 67 10,000 SH   SOLE   0 0 10,000
UNILEVER N.V. (NY SHS) COMMON 904784709 9,222 185,620 SH   SOLE   10,000 0 175,620
UNILEVER PLC SPON ADR NEW COMMON 904767704 258 5,239 SH   SOLE   0 0 5,239
UNION PACIFIC CORP COMMON 907818108 541 5,104 SH   SOLE   0 0 5,104
UNITED CONTINENTAL HOLDINGS IN COMMON 910047109 94,374 1,335,990 SH   SOLE   58,800 0 1,277,190
UNITED PARCEL SERVICE CL B COMMON 911312106 2,130 19,854 SH   SOLE   0 0 19,854
UNITED RENTALS INC COMMON 911363109 5,695 45,543 SH   SOLE   0 0 45,543
UNITED TECHNOLOGIES CORP COMMON 913017109 1,930 17,201 SH   SOLE   0 0 17,201
UNITEDHEALTH GROUP INC COMMON 91324P102 443 2,703 SH   SOLE   0 0 2,703
US BANCORP NEW COMMON 902973304 63,573 1,234,423 SH   SOLE   62,500 0 1,171,923
V F CORP COMMON 918204108 40,237 731,983 SH   SOLE   10,100 0 721,883
VALERO ENERGY CORP COMMON 91913Y100 42,032 634,060 SH   SOLE   30,100 0 603,960
VENTAS INC COMMON 92276F100 1,215 18,682 SH   SOLE   0 0 18,682
VERISK ANALYTICS INC COMMON 92345Y106 42,176 519,793 SH   SOLE   33,000 0 486,793
VERIZON COMMUNICATIONS INC COMMON 92343V104 5,252 107,741 SH   SOLE   0 0 107,741
VERSUM MATERIALS INC COMMON 92532W103 879 28,731 SH   SOLE   0 0 28,731
VISA INC CL A COMMON 92826C839 77,999 877,675 SH   SOLE   56,800 0 820,875
VODAFONE GROUP PLC NEW SPNSR A COMMON 92857W308 392 14,815 SH   SOLE   0 0 14,815
VULCAN MATERIALS CO COMMON 929160109 13,460 111,719 SH   SOLE   0 0 111,719
WABCO HOLDINGS INC COMMON 92927K102 229 1,950 SH   SOLE   0 0 1,950
WASTE MANAGEMENT INC COMMON 94106L109 683 9,370 SH   SOLE   0 0 9,370
WELLS FARGO & CO NEW COMMON 949746101 2,512 45,136 SH   SOLE   0 0 45,136
WHOLE FOODS MARKET INC COMMON 966837106 6,816 229,340 SH   SOLE   0 0 229,340
XPO LOGISTICS INC COMMON 983793100 59,509 1,242,613 SH   SOLE   87,000 0 1,155,613
YAHOO INC COMMON 984332106 16,842 362,895 SH   SOLE   0 0 362,895
YUM BRANDS INC COMMON 988498101 46,510 727,863 SH   SOLE   34,500 0 693,363
YUM CHINA HOLDINGS INC COMMON 98850P109 13,398 492,566 SH   SOLE   0 0 492,566
ZIONS BANCORPORATION COMMON 989701107 9,282 221,009 SH   SOLE   1,000 0 220,009
ZOETIS INC CL A COMMON 98978V103 18,135 339,798 SH   SOLE   10,000 0 329,798