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 246 13,168 SH   SOLE   0 0 13,168
3M CO COMMON 88579Y101 4,882 23,450 SH   SOLE   0 0 23,450
ABBOTT LABORATORIES COMMON 002824100 1,643 33,797 SH   SOLE   0 0 33,797
ABBVIE INC COMMON 00287Y109 1,258 17,355 SH   SOLE   0 0 17,355
ACCENTURE PLC IRELAND SHS CLAS COMMON G1151C101 15,765 127,463 SH   SOLE   2,300 0 125,163
ADOBE SYSTEMS, INC COMMON 00724F101 9,493 67,118 SH   SOLE   0 0 67,118
ADVISORY BOARD CO COMMON 00762W107 28,585 555,058 SH   SOLE   47,200 0 507,858
AIR LEASE CORP CL A COMMON 00912X302 69,981 1,873,156 SH   SOLE   105,000 0 1,768,156
AIR PRODUCTS & CHEMICALS INC COMMON 009158106 6,522 45,591 SH   SOLE   0 0 45,591
ALCOA CORP COMMON 013872106 3,223 98,722 SH   SOLE   0 0 98,722
ALPHABET INC CAP STK CL A COMMON 02079K305 36,526 39,289 SH   SOLE   2,900 0 36,389
ALPHABET INC CAP STK CL C COMMON 02079K107 61,033 67,163 SH   SOLE   3,683 0 63,480
ALTABA INC COMMON 021346101 18,312 336,127 SH   SOLE   0 0 336,127
ALTRIA GROUP INC COMMON 02209S103 993 13,339 SH   SOLE   0 0 13,339
AMAZON.COM INC COMMON 023135106 1,456 1,504 SH   SOLE   0 0 1,504
AMERICAN AIRLINES GROUP INC COMMON 02376R102 23,273 462,494 SH   SOLE   51,000 0 411,494
AMERICAN EXPRESS CO COMMON 025816109 61,716 732,625 SH   SOLE   38,500 0 694,125
AMERICAN INTL GROUP NEW COMMON 026874784 4,204 67,250 SH   SOLE   0 0 67,250
AMERICAN TOWER CORP REIT COMMON 03027X100 19,193 145,050 SH   SOLE   6,000 0 139,050
AMGEN, INC COMMON 031162100 39,993 232,206 SH   SOLE   4,500 0 227,706
ANTHRACITE CAP INC COMMON 037023108 0 13,772 SH   SOLE   0 0 13,772
APACHE CORP COMMON 037411105 1,022 21,332 SH   SOLE   0 0 21,332
APPLE INC COMMON 037833100 9,740 67,628 SH   SOLE   0 0 67,628
ARCONIC INC COMMON 03965L100 52,353 2,311,407 SH   SOLE   118,833 0 2,192,574
AT&T INC COMMON 00206R102 1,007 26,678 SH   SOLE   0 0 26,678
AUTOMATIC DATA PROCESSING COMMON 053015103 1,973 19,254 SH   SOLE   0 0 19,254
AVALONBAY COMMUNITIES INC COMMON 053484101 1,503 7,822 SH   SOLE   0 0 7,822
BANK OF AMERICA CORP COMMON 060505104 645 26,573 SH   SOLE   0 0 26,573
BANKUNITED INC COMMON 06652K103 59,928 1,777,738 SH   SOLE   89,750 0 1,687,988
BB&T CORP COMMON 054937107 56,036 1,234,007 SH   SOLE   23,500 0 1,210,507
BECTON DICKINSON & CO COMMON 075887109 455 2,331 SH   SOLE   0 0 2,331
BERKSHIRE HATHAWAY INC CL B NE COMMON 084670702 1,459 8,615 SH   SOLE   0 0 8,615
BIOGEN INC COMMON 09062X103 236 869 SH   SOLE   0 0 869
BLACKSTONE GROUP L P UNIT LTD COMMON 09253U108 39,080 1,171,814 SH   SOLE   80,750 0 1,091,064
BOEING CO COMMON 097023105 622 3,148 SH   SOLE   0 0 3,148
BORG WARNER INC COMMON 099724106 58,827 1,388,728 SH   SOLE   23,700 0 1,365,028
BRISTOL-MYERS SQUIBB CO COMMON 110122108 39,622 711,083 SH   SOLE   49,000 0 662,083
CAMBRIDGE HEART INC COMMON 131910101 0 302,350 SH   SOLE   0 0 302,350
CARS.COM INC COMMON 14575E105 3,946 148,196 SH   SOLE   0 0 148,196
CATERPILLAR INC COMMON 149123101 799 7,432 SH   SOLE   0 0 7,432
CELGENE CORP COMMON 151020104 51,392 395,722 SH   SOLE   34,400 0 361,322
CERNER CORP COMMON 156782104 77,112 1,160,102 SH   SOLE   52,000 0 1,108,102
CHARLES SCHWAB CORP NEW COMMON 808513105 14,834 345,306 SH   SOLE   1,300 0 344,006
CHEVRON CORP NEW COMMON 166764100 6,481 62,116 SH   SOLE   0 0 62,116
CHIPOTLE MEXICAN GRILL CL A COMMON 169656105 692 1,664 SH   SOLE   0 0 1,664
CHUBB LIMITED COMMON H1467J104 601 4,137 SH   SOLE   0 0 4,137
CISCO SYSTEMS INC COMMON 17275R102 61,905 1,977,780 SH   SOLE   88,500 0 1,889,280
CITIGROUP INC NEW COMMON 172967424 629 9,401 SH   SOLE   0 0 9,401
COCA-COLA CO COMMON 191216100 2,748 61,265 SH   SOLE   0 0 61,265
COLGATE PALMOLIVE CO COMMON 194162103 7,349 99,139 SH   SOLE   0 0 99,139
COMCAST CORP CL A COMMON 20030N101 22,244 571,530 SH   SOLE   74,580 0 496,950
CORE LABORATORIES N V COMMON N22717107 3,062 30,234 SH   SOLE   0 0 30,234
CORNING INC COMMON 219350105 40,997 1,364,308 SH   SOLE   9,000 0 1,355,308
COSTCO WHOLESALE CORP NEW COMMON 22160K105 787 4,920 SH   SOLE   0 0 4,920
CUMMINS INC COMMON 231021106 227 1,401 SH   SOLE   0 0 1,401
CVS HEALTH CORP COMMON 126650100 253 3,144 SH   SOLE   0 0 3,144
DANAHER CORP DEL COMMON 235851102 47,006 557,010 SH   SOLE   40,500 0 516,510
DANONE SPONSORED ADR COMMON 23636T100 923 61,500 SH   SOLE   0 0 61,500
DEERE & CO COMMON 244199105 227 1,835 SH   SOLE   0 0 1,835
DELPHI AUTOMOTIVE PLC SHS COMMON G27823106 79,667 908,917 SH   SOLE   56,900 0 852,017
DELTA AIR LINES, INC COMMON 247361702 112,176 2,087,389 SH   SOLE   106,500 0 1,980,889
DENTSPLY SIRONA INC COMMON 24906P109 34,106 526,007 SH   SOLE   12,000 0 514,007
DIAGEO PLC ADR COMMON 25243Q205 59,160 493,697 SH   SOLE   24,500 0 469,197
DIGITALGLOBE INC NEW COMMON 25389M877 52,739 1,583,749 SH   SOLE   82,000 0 1,501,749
DISCOVERY COMMUNICATIONS NEW S COMMON 25470F104 1,303 50,429 SH   SOLE   0 0 50,429
DISCOVERY COMMUNICATIONS NEW S COMMON 25470F302 27,725 1,099,760 SH   SOLE   80,000 0 1,019,760
DISNEY (WALT) CO COMMON 254687106 8,883 83,603 SH   SOLE   0 0 83,603
DOMINION ENERGY INC COMMON 25746U109 244 3,183 SH   SOLE   0 0 3,183
DOW CHEMICAL CO COMMON 260543103 1,075 17,044 SH   SOLE   0 0 17,044
EATON CORP PLC SHS COMMON G29183103 6,022 77,373 SH   SOLE   0 0 77,373
EBAY INC COMMON 278642103 4,561 130,620 SH   SOLE   0 0 130,620
ECOLAB INC COMMON 278865100 27,706 208,710 SH   SOLE   7,000 0 201,710
EMERSON ELECTRIC CO COMMON 291011104 682 11,443 SH   SOLE   0 0 11,443
ENTERPRISE PRODUCTS PARTNERS COMMON 293792107 282 10,401 SH   SOLE   0 0 10,401
ENVISION HEALTHCARE CO COMMON 29414D100 3,073 49,042 SH   SOLE   0 0 49,042
EQUINIX INC COMMON 29444U700 65,884 153,519 SH   SOLE   12,128 0 141,391
EXPEDIA INC NEW COMMON 30212P303 37,619 252,563 SH   SOLE   21,900 0 230,663
EXPEDITORS INTL OF WASHINGTON COMMON 302130109 12,372 219,045 SH   SOLE   0 0 219,045
EXXON MOBIL CORP COMMON 30231G102 4,272 52,917 SH   SOLE   0 0 52,917
FACEBOOK INC CL A COMMON 30303M102 36,974 244,894 SH   SOLE   25,250 0 219,644
FASTENAL CO COMMON 311900104 4,482 102,962 SH   SOLE   0 0 102,962
FEDEX CORP COMMON 31428X106 5,079 23,369 SH   SOLE   0 0 23,369
FIRST REPUBLIC BANK, INC COMMON 33616C100 39,026 389,870 SH   SOLE   30,500 0 359,370
FORD MOTOR CO COMMON 345370860 36,267 3,240,979 SH   SOLE   4,000 0 3,236,979
FORTIVE CORP COMMON 34959J108 27,773 438,409 SH   SOLE   38,200 0 400,209
FORTUNE BRANDS HOME & SECURITY COMMON 34964C106 42,741 655,142 SH   SOLE   14,200 0 640,942
FULTON FINANCIAL CORP PA COMMON 360271100 209 11,000 SH   SOLE   0 0 11,000
GANNETT CO INC (NEW) COMMON 36473H104 214 24,583 SH   SOLE   0 0 24,583
GENERAL ELECTRIC CO COMMON 369604103 20,556 761,037 SH   SOLE   0 0 761,037
GENERAL MOTORS CO COMMON 37045V100 84,054 2,406,358 SH   SOLE   97,500 0 2,308,858
GILEAD SCIENCES INC COMMON 375558103 709 10,010 SH   SOLE   0 0 10,010
GOLDMAN SACHS GROUP COMMON 38141G104 245 1,104 SH   SOLE   0 0 1,104
HARTCOURT COMPANIES INC NEW COMMON 416187201 0 10,000 SH   SOLE   0 0 10,000
HOLLYFRONTIER CORP COMMON 436106108 46,070 1,677,093 SH   SOLE   76,300 0 1,600,793
HOME DEPOT INC COMMON 437076102 1,306 8,511 SH   SOLE   0 0 8,511
HONEYWELL INTL INC COMMON 438516106 34,485 258,721 SH   SOLE   23,500 0 235,221
HP INC COMMON 40434L105 7,227 413,435 SH   SOLE   10,000 0 403,435
HUBBELL INC COMMON 443510607 672 5,940 SH   SOLE   0 0 5,940
HUDSONS BAY CO NEW COMMON 444218101 51,048 5,734,631 SH   SOLE   159,500 0 5,575,131
IAC INTERACTIVECORP COMMON 44919P508 64,453 624,305 SH   SOLE   42,900 0 581,405
IHS MARKIT LTD SHS COMMON G47567105 625 14,187 SH   SOLE   0 0 14,187
ILLINOIS TOOL WORKS INC COMMON 452308109 20,367 142,178 SH   SOLE   2,500 0 139,678
ILLUMINA INC COMMON 452327109 83,324 480,201 SH   SOLE   20,900 0 459,301
INTEL CORP COMMON 458140100 33,950 1,006,223 SH   SOLE   22,510 0 983,713
INTERNATIONAL BUSINESS MACHINE COMMON 459200101 8,069 52,451 SH   SOLE   0 0 52,451
ISTAR INC COMMON 45031U101 2,070 171,933 SH   SOLE   0 0 171,933
JOHNSON & JOHNSON COMMON 478160104 10,421 78,772 SH   SOLE   0 0 78,772
JPMORGAN CHASE & CO COMMON 46625H100 57,718 631,491 SH   SOLE   39,500 0 591,991
KANSAS CITY SOUTHERN NEW COMMON 485170302 12,309 117,621 SH   SOLE   0 0 117,621
KIMBERLY CLARK CORP COMMON 494368103 465 3,600 SH   SOLE   0 0 3,600
KRAFT HEINZ CO COMMON 500754106 322 3,756 SH   SOLE   0 0 3,756
L BRANDS INC COMMON 501797104 28,195 523,193 SH   SOLE   16,300 0 506,893
LAMAR ADVERTISING CO NEW CL A COMMON 512816109 1,907 25,925 SH   SOLE   0 0 25,925
LAUDER ESTEE COS INC CL A COMMON 518439104 7,894 82,245 SH   SOLE   9,000 0 73,245
LEVEL 3 COMMUNICATIONS NEW COMMON 52729N308 7,134 120,299 SH   SOLE   0 0 120,299
LILLY ELI & CO COMMON 532457108 262 3,183 SH   SOLE   0 0 3,183
LOCKHEED MARTIN CORP COMMON 539830109 210 758 SH   SOLE   0 0 758
LOWES COS INC COMMON 548661107 23,492 303,001 SH   SOLE   10,000 0 293,001
LUXOTTICA GROUP S P A SPONSORE COMMON 55068R202 1,740 30,127 SH   SOLE   0 0 30,127
MACYS INC COMMON 55616P104 33,041 1,421,730 SH   SOLE   84,200 0 1,337,530
MANHATTAN ASSOCIATES INC COMMON 562750109 39,098 813,525 SH   SOLE   56,000 0 757,525
MARATHON PETROLEUM CORP COMMON 56585A102 43,681 834,729 SH   SOLE   52,800 0 781,929
MARSH & MCLENNAN COMPANIES, IN COMMON 571748102 427 5,480 SH   SOLE   0 0 5,480
MARTIN MARIETTA MATERIALS INC COMMON 573284106 852 3,828 SH   SOLE   0 0 3,828
MASCO CORP COMMON 574599106 43,164 1,129,651 SH   SOLE   37,600 0 1,092,051
MASTERCARD INC CL A COMMON 57636Q104 66,721 549,370 SH   SOLE   40,100 0 509,270
MCCORMICK & CO INC COMMON 579780206 1,239 12,710 SH   SOLE   0 0 12,710
MCDONALD'S CORP COMMON 580135101 345 2,250 SH   SOLE   0 0 2,250
MERCK & CO INC NEW COMMON 58933Y105 28,295 441,482 SH   SOLE   12,000 0 429,482
METLIFE INC COMMON 59156R108 77,041 1,402,279 SH   SOLE   60,000 0 1,342,279
MICROCHIP TECHNOLOGY INC COMMON 595017104 1,036 13,428 SH   SOLE   0 0 13,428
MICROSOFT CORP COMMON 594918104 80,798 1,172,178 SH   SOLE   62,300 0 1,109,878
MONDELEZ INTL INC CL A COMMON 609207105 1,322 30,600 SH   SOLE   0 0 30,600
MONSTER BEVERAGE CORP COMMON 61174X109 303 6,105 SH   SOLE   0 0 6,105
MORGAN STANLEY NEW COMMON 617446448 23,985 538,268 SH   SOLE   55,200 0 483,068
NESTLE S A SPON ADR COMMON 641069406 61,553 706,363 SH   SOLE   31,300 0 675,063
NIELSEN HOLDINGS PLC COMMON G6518L108 19,904 514,845 SH   SOLE   26,000 0 488,845
NIKE INC CL B COMMON 654106103 428 7,259 SH   SOLE   0 0 7,259
NORDSTROM, INC COMMON 655664100 19,676 411,372 SH   SOLE   600 0 410,772
NOVARTIS A G SPON ADR COMMON 66987V109 35,907 430,178 SH   SOLE   26,500 0 403,678
NOVO-NORDISK A S ADR COMMON 670100205 1,071 24,960 SH   SOLE   0 0 24,960
NVIDIA CORP COMMON 67066G104 43,476 300,748 SH   SOLE   35,000 0 265,748
ORACLE CORP COMMON 68389X105 491 9,795 SH   SOLE   0 0 9,795
PAYCHEX INC COMMON 704326107 264 4,632 SH   SOLE   0 0 4,632
PAYPAL HOLDINGS INC COMMON 70450Y103 38,767 722,329 SH   SOLE   19,700 0 702,629
PEPSICO INC COMMON 713448108 21,565 186,723 SH   SOLE   600 0 186,123
PFIZER INC COMMON 717081103 2,574 76,640 SH   SOLE   0 0 76,640
PHILIP MORRIS INTL INC COMMON 718172109 1,057 9,000 SH   SOLE   0 0 9,000
PHILLIPS 66 COMMON 718546104 255 3,082 SH   SOLE   0 0 3,082
PRAXAIR INC COMMON 74005P104 33,067 249,470 SH   SOLE   21,500 0 227,970
PREMIER INC CL A COMMON 74051N102 37,037 1,028,792 SH   SOLE   26,000 0 1,002,792
PROCTER & GAMBLE CO COMMON 742718109 4,397 50,455 SH   SOLE   0 0 50,455
PROLOGIS INC COMMON 74340W103 628 10,711 SH   SOLE   0 0 10,711
PRUDENTIAL FINANCIAL INC COMMON 744320102 67,931 628,174 SH   SOLE   31,800 0 596,374
QIAGEN NV SHS NEW COMMON N72482123 12,778 381,081 SH   SOLE   0 0 381,081
QUALCOMM INC COMMON 747525103 70,381 1,274,550 SH   SOLE   63,700 0 1,210,850
REXNORD CORP NEW COMMON 76169B102 10,505 451,840 SH   SOLE   0 0 451,840
SANOFI SPONSORED ADR COMMON 80105N105 3,637 75,917 SH   SOLE   0 0 75,917
SCHLUMBERGER LTD COMMON 806857108 10,527 159,895 SH   SOLE   12,000 0 147,895
SMUCKER J M CO NEW COMMON 832696405 29,614 250,270 SH   SOLE   19,000 0 231,270
SOLUCORP INDUSTRIES LTD COMMON 83437C102 0 17,000 SH   SOLE   0 0 17,000
SOUTHWEST AIRLINES CO COMMON 844741108 51,418 827,460 SH   SOLE   1,200 0 826,260
STANLEY BLACK & DECKER COMMON 854502101 14,157 100,600 SH   SOLE   20,000 0 80,600
STARBUCKS CORP COMMON 855244109 4,001 68,620 SH   SOLE   0 0 68,620
STERICYCLE INC COMMON 858912108 7,057 92,469 SH   SOLE   0 0 92,469
STRATASYS LTD SHS COMMON M85548101 25,555 1,096,299 SH   SOLE   43,500 0 1,052,799
STRYKER CORP COMMON 863667101 259 1,865 SH   SOLE   0 0 1,865
SUN COMMUNITIES INC COMMON 866674104 263 3,000 SH   SOLE   0 0 3,000
SYNCHRONY FINANCIAL COMMON 87165B103 65,913 2,210,354 SH   SOLE   94,382 0 2,115,972
TARGET CORP COMMON 87612E106 212 4,049 SH   SOLE   0 0 4,049
TD AMERITRADE HOLDING CORP COMMON 87236Y108 13,719 319,125 SH   SOLE   1,000 0 318,125
TEGNA INC COMMON 87901J105 6,150 426,753 SH   SOLE   0 0 426,753
TELUS CORP COMMON 87971M103 1,326 38,400 SH   SOLE   0 0 38,400
THERMO FISHER SCIENTIFIC COMMON 883556102 65,723 376,700 SH   SOLE   28,900 0 347,800
THOMSON REUTERS CORP COMMON 884903105 1,244 26,865 SH   SOLE   0 0 26,865
TIME WARNER INC NEW COMMON 887317303 550 5,474 SH   SOLE   0 0 5,474
TRANSDIGM GROUP INC COMMON 893641100 700 2,605 SH   SOLE   0 0 2,605
TRUSTCO BK CORP N Y COMMON 898349105 93 12,000 SH   SOLE   0 0 12,000
UNILEVER N.V. (NY SHS) COMMON 904784709 7,969 144,175 SH   SOLE   0 0 144,175
UNILEVER PLC SPON ADR NEW COMMON 904767704 225 4,149 SH   SOLE   0 0 4,149
UNION PACIFIC CORP COMMON 907818108 586 5,379 SH   SOLE   0 0 5,379
UNITED CONTINENTAL HOLDINGS IN COMMON 910047109 98,669 1,311,210 SH   SOLE   57,800 0 1,253,410
UNITED PARCEL SERVICE CL B COMMON 911312106 1,316 11,898 SH   SOLE   0 0 11,898
UNITED RENTALS INC COMMON 911363109 4,743 42,083 SH   SOLE   0 0 42,083
UNITED TECHNOLOGIES CORP COMMON 913017109 1,946 15,939 SH   SOLE   0 0 15,939
UNITEDHEALTH GROUP INC COMMON 91324P102 489 2,638 SH   SOLE   0 0 2,638
US BANCORP NEW COMMON 902973304 65,922 1,269,684 SH   SOLE   63,500 0 1,206,184
V F CORP COMMON 918204108 43,677 758,275 SH   SOLE   10,100 0 748,175
VALERO ENERGY CORP COMMON 91913Y100 42,508 630,128 SH   SOLE   30,100 0 600,028
VENTAS INC COMMON 92276F100 680 9,785 SH   SOLE   0 0 9,785
VERISK ANALYTICS INC COMMON 92345Y106 43,364 513,972 SH   SOLE   31,000 0 482,972
VERIZON COMMUNICATIONS INC COMMON 92343V104 3,081 68,982 SH   SOLE   0 0 68,982
VERSUM MATERIALS INC COMMON 92532W103 451 13,890 SH   SOLE   0 0 13,890
VISA INC CL A COMMON 92826C839 80,832 861,932 SH   SOLE   55,300 0 806,632
VODAFONE GROUP PLC NEW SPNSR A COMMON 92857W308 320 11,140 SH   SOLE   0 0 11,140
VULCAN MATERIALS CO COMMON 929160109 14,000 110,516 SH   SOLE   0 0 110,516
WABCO HOLDINGS INC COMMON 92927K102 204 1,600 SH   SOLE   0 0 1,600
WASTE MANAGEMENT INC COMMON 94106L109 664 9,054 SH   SOLE   0 0 9,054
WELLS FARGO & CO NEW COMMON 949746101 2,385 43,034 SH   SOLE   0 0 43,034
WHOLE FOODS MARKET INC COMMON 966837106 4,397 104,425 SH   SOLE   0 0 104,425
XPO LOGISTICS INC COMMON 983793100 79,085 1,223,652 SH   SOLE   82,000 0 1,141,652
YUM BRANDS INC COMMON 988498101 53,829 729,789 SH   SOLE   34,500 0 695,289
YUM CHINA HOLDINGS INC COMMON 98850P109 13,073 331,540 SH   SOLE   0 0 331,540
ZIONS BANCORPORATION COMMON 989701107 10,507 239,279 SH   SOLE   1,200 0 238,079
ZOETIS INC CL A COMMON 98978V103 20,681 331,531 SH   SOLE   10,000 0 321,531