SEC Filing | Westwood Holdings Group, Inc.

View:

SEC FORM 13F-HR

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 COVER PAGE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

Report for the Calendar Year or Quarter Ended:

12-31-2013

Check here if Amendment		Amendment Number:
This Amendment (Check only one.):		is a restatement.
		adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:	WESTWOOD HOLDINGS GROUP INC
Address:	200 CRESCENT COURT
	SUITE 1200
	DALLAS, TX 75201
Form 13F File Number:	028-15581

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name:	MARK A. WALLACE
Title:	CHIEF FINANCIAL OFFICER
Phone:	214-756-6900
Signature, Place, and Date of Signing:
/S/ MARK A. WALLACE		DALLAS, TX	02-11-2014
[Signature]		[City, State]	[Date]

Report Type (Check only one.):
X	13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
	13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
	13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

Form 13F Summary Page
	Report Summary:
	Number of Other Included Managers:	1
	Form 13F Information Table Entry Total:	306
	Form 13F Information Table Value Total:	13,023,522
		(thousands)

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
	No.	Form 13F File Number	Name
	2	28-5046	WESTWOOD MANAGEMENT CORP.

SEC FORM 13-F Information Table

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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
ABBOTT LABS	COM	002824100	163,680	4,270,289	SH		DFND		3,559,906	36,619	673,764
ABBVIE INC	COM	00287Y109	512	9,700	SH		DFND		9,700	0	0
ACCENTURE PLC IRELAND SHS	SHS CLASS A	G1151C101	160,488	1,951,932	SH		DFND		1,617,270	0	334,662
ACCESS MIDSTREAM PARTNERS L	UNIT	00434L109	42,796	756,379	SH		DFND		756,379	0	0
ACE LTD	SHS	H0023R105	129,791	1,253,657	SH		DFND		992,395	11,826	249,436
ADVANCE AUTO PARTS INC	COM	00751Y106	211,487	1,910,798	SH		DFND		1,494,722	30,741	385,335
AGCO CORP	COM	001084102	4,663	78,783	SH		DFND		78,783	0	0
AGRIUM INC	COM	008916108	1,320	14,429	SH		DFND		14,429	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	135,879	2,135,798	SH		DFND		1,884,453	0	251,345
ALLETE INC	COM NEW	018522300	6,739	135,100	SH		DFND		135,100	0	0
ALLIANCE HOLDINGS GP LP	COM UNITS LP	01861G100	4,246	72,412	SH		DFND		72,412	0	0
ALLIANT TECHSYSTEMS INC	COM	018804104	1,850	15,200	SH		DFND		15,200	0	0
AMC NETWORKS INC	CL A	00164v103	89,521	1,314,365	SH		DFND		1,028,762	25,023	260,580
AMDOCS LTD	ORD	G02602103	219,042	5,311,405	SH		DFND		4,177,442	78,643	1,055,320
AMERICAN CAMPUS CMNTYS INC	COM	024835100	1,011	31,400	SH		DFND		31,400	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	133,465	2,614,401	SH		DFND		2,063,012	30,890	520,499
AMERICAN TOWER CORP NEW	COM	03027X100	3,137	39,300	SH		DFND		39,300	0	0
AMERISAFE INC	COM	03071H100	3,170	75,053	SH		DFND		75,053	0	0
AMERISOURCEBERGEN CORP	COM	03073E105	1,934	27,500	SH		DFND		26,940	0	560
AMPHENOL CORP NEW	CL A	032095101	11,278	126,465	SH		DFND		77,665	0	48,800
ANADARKO PETE CORP	COM	032511107	10,898	137,396	SH		DFND		133,300	3,996	100
APOGEE ENTERPRISES INC	COM	037598109	55,236	1,538,187	SH		DFND		1,360,246	33,361	144,580
APPLE INC COM	COM	037833100	84,363	150,373	SH		DFND		122,062	1,604	26,707
ARC LOGISTICS PARTNERS LP	COM UT REP LPN	03879N101	4,676	213,500	SH		DFND		213,500	0	0
ARCTIC CAT INC	COM	039670104	3,140	55,099	SH		DFND		55,099	0	0
AT&T INC	COM	00206R102	178,900	5,088,157	SH		DFND		4,337,298	38,322	712,537
ATLAS PIPELINE PARTNERS LP UNIT	UNIT L P INT	049392103	8,061	229,995	SH		DFND		229,995	0	0
ATLAS RESOURCE PARTNERS LP	COM UNT LTD PR	04941A101	8,279	404,232	SH		DFND		404,232	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	33,908	419,655	SH		DFND		419,655	0	0
AVAGO TECHNOLOGIES LTD	COM	Y0486S104	19,870	375,772	SH		DFND		185,835	0	189,937
AVALONBAY CMNTYS INC	COM	053484101	1,531	12,946	SH		DFND		12,946	0	0
AVG TECHNOLOGIES N V	SHS	N07831105	65,147	3,785,389	SH		DFND		3,271,186	65,378	448,825
AXIS CAPITAL HOLDINGS LTD	SHS	G0692U109	2,807	59,000	SH		DFND		59,000	0	0
B/E AEROSPACE INC	COM	073302101	85,217	979,168	SH		DFND		745,183	22,524	211,461
BANCFIRST CORP	COM	05945F103	3,264	58,223	SH		DFND		58,223	0	0
BANK OF AMERICA CORPORATION	COM	060505104	139,024	8,928,984	SH		DFND		6,814,309	92,230	2,022,445
BANKUNITED INC	COM	06652K103	105,949	3,218,384	SH		DFND		2,516,334	66,705	635,345
BARD C R INC	COM	067383109	4,326	32,300	SH		DFND		32,300	0	0
BBCN BANCORP INC	COM	073295107	6,693	403,462	SH		DFND		403,462	0	0
BEACON ROOFING SUPPLY INC	COM	073685109	6,855	170,195	SH		DFND		170,195	0	0
BECTON DICKINSON & CO	COM	075887109	125,007	1,131,379	SH		DFND		885,761	12,983	232,635
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	2,145	18,092	SH		DFND		16,173	0	1,919
BOEING CO	COM	097023105	104,788	767,737	SH		DFND		667,809	5,801	94,127
BOISE CASCADE CO DEL	COM	09739D100	70,987	2,407,975	SH		DFND		2,144,583	46,897	216,495
BONANZA CREEK ENERGY INC	COM	097793103	6,729	154,792	SH		DFND		154,792	0	0
BORGWARNER INC	COM	099724106	28,604	511,615	SH		DFND		342,546	8,069	161,000
BOSTON PROPERTIES INC	COM	101121101	2,539	25,300	SH		DFND		25,300	0	0
BRANDYWINE RLTY TR	SH BEN INT NEW	105368203	542	38,500	SH		DFND		38,500	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	3,291	61,922	SH		DFND		61,922	0	0
BROADRIDGE FINANCIAL SOLUTIONS	COM	11133t103	90,442	2,288,512	SH		DFND		1,756,928	49,184	482,400
CA INC	COM	12673P105	7,318	217,468	SH		DFND		84,440	0	133,028
CABELAS INC	COM	126804301	2,696	40,450	SH		DFND		40,000	0	450
CACI INTL INC	CL A	127190304	3,639	49,701	SH		DFND		49,701	0	0
CAMDEN PPTY TR	SH BEN INT	133131102	965	16,967	SH		DFND		16,967	0	0
CAMERON INTERNATIONAL CORP	COM	13342B105	3,760	63,163	SH		DFND		63,163	0	0
CANADIAN NATL RY CO	COM	136375102	3,729	65,400	SH		DFND		65,400	0	0
CAPITAL ONE FINL CORP	COM	14040H105	137,468	1,794,389	SH		DFND		1,424,726	21,182	348,481
CAREFUSION CORP	COM	14170T101	83,567	2,098,629	SH		DFND		1,614,547	42,192	441,890
CARRIZO OIL & GAS INC	COM	144577103	3,499	78,164	SH		DFND		78,164	0	0
CATERPILLAR INC DEL	COM	149123101	3,443	37,916	SH		DFND		37,916	0	0
CBL & ASSOC PPTYS INC	COM	124830100	1,345	74,900	SH		DFND		74,900	0	0
CHEMICAL FINL CORP	COM	163731102	6,580	207,772	SH		DFND		207,772	0	0
CHEVRON CORP NEW	COM	166764100	155,088	1,241,600	SH		DFND		1,026,404	8,333	206,863
CHILDRENS PL RETAIL STORES I	COM	168905107	3,395	59,600	SH		DFND		59,600	0	0
CISCO SYS INC	COM	17275R102	92,643	4,130,286	SH		DFND		3,205,835	42,226	882,225
CIT GROUP INC	COM NEW	125581801	128,322	2,461,576	SH		DFND		1,937,523	28,294	495,759
CLEAN HARBORS INC	COM	184496107	42,195	703,718	SH		DFND		539,061	14,606	150,051
COHERENT INC	COM	192479103	5,313	71,420	SH		DFND		71,420	0	0
COLFAX CORP COM	COM	194014106	94,393	1,482,071	SH		DFND		1,160,342	32,946	288,783
COLGATE PALMOLIVE CO	COM	194162103	128,427	1,969,432	SH		DFND		1,558,370	21,118	389,944
COLUMBIA BKG SYS INC	COM	197236102	6,518	237,108	SH		DFND		237,108	0	0
COMCAST CORP NEW	CL A	20030N101	171,838	3,306,801	SH		DFND		2,763,002	29,220	514,579
COMERICA INC	COM	200340107	42,155	886,728	SH		DFND		685,594	17,434	183,700
COMPASS MINERALS INTL INC	COM	20451N101	388	4,850	SH		DFND		4,850	0	0
CONOCOPHILLIPS	COM	20825C104	357	5,050	SH		DFND		5,050	0	0
CONSOL ENERGY INC	COM	20854P109	55,285	1,453,340	SH		DFND		1,162,378	26,057	264,905
CORESITE RLTY CORP	COM	21870Q105	4,118	127,918	SH		DFND		127,918	0	0
COVIDIEN PLC	SHS	G2554F113	163,994	2,408,140	SH		DFND		2,018,012	20,884	369,244
CREDICORP LTD	COM	G2519Y108	27,627	208,145	SH		DFND		184,397	0	23,748
CRESTWOOD MIDSTREAM PARTNERS	UNIT LTD PARTNER	226378107	9,134	366,991	SH		DFND		366,991	0	0
CROSSTEX ENERGY INC	COM	22765y104	9,483	262,242	SH		DFND		262,242	0	0
CUBESMART	COM	229663109	3,881	243,460	SH		DFND		243,460	0	0
CYRUSONE INC	COM	23283R100	7,924	354,867	SH		DFND		354,867	0	0
DELEK LOGISTICS PARTNERS LP COM	UNT RP INT	24664T103	8,201	259,106	SH		DFND		259,106	0	0
DENTSPLY INTL INC NEW	COM	249030107	1,396	28,800	SH		DFND		28,800	0	0
DIAMONDROCK HOSPITALITY CO	COM	252784301	33,772	2,924,016	SH		DFND		2,571,216	0	352,800
DIGITAL RLTY TR INC	COM	253868103	50,728	1,032,745	SH		DFND		808,030	0	224,715
DOMINION RES INC VA	NEW COM	25746U109	2,814	43,500	SH		DFND		43,500	0	0
DOUGLAS EMMETT INC	COM	25960P109	505	21,700	SH		DFND		21,700	0	0
DOW CHEM CO	COM	260543103	5,710	128,600	SH		DFND		128,600	0	0
DR PEPPER SNAPPLE GROUP INC	COM	26138E109	53,356	1,095,151	SH		DFND		800,743	19,198	275,210
DTS INC	COM	23335c101	7,162	299,528	SH		DFND		299,528	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	35,839	551,620	SH		DFND		551,620	0	0
DUN & BRADSTREET CORP DEL NE	COM	26483E100	8,662	70,569	SH		DFND		70,569	0	0
EAST WEST BANCORP INC	COM	27579R104	45,176	1,291,839	SH		DFND		1,009,262	28,630	253,947
EASTMAN CHEM CO	COM	277432100	6,677	82,738	SH		DFND		36,838	0	45,900
EATON VANCE CORP	COM NON VTG	278265103	1,378	32,200	SH		DFND		32,200	0	0
EMERSON ELEC CO	COM	291011104	393	5,605	SH		DFND		5,605	0	0
EMPLOYERS HOLDINGS INC	COM	292218104	3,221	101,754	SH		DFND		101,754	0	0
ENDURANCE SPECIALTY HLDGS	LT SHS	G30397106	3,415	58,200	SH		DFND		58,200	0	0
ENERGY TRANSFER EQUITY L P	COM UT LTD PTN	29273V100	38,370	469,418	SH		DFND		469,418	0	0
ENERGY TRANSFER PRTNRS L P	UNIT LTD PARTN	29273R109	19,543	341,354	SH		DFND		341,354	0	0
ENERSIS S A SPONSORED ADR	SPONSORED ADR	29274F104	7,627	508,797	SH		DFND		508,797	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	92,397	1,393,625	SH		DFND		1,393,625	0	0
EOG RES INC	COM	26875P101	53,560	319,114	SH		DFND		241,376	3,011	74,727
EQT CORP	COM	26884L109	85,964	957,499	SH		DFND		713,788	11,785	231,926
EQT MIDSTREAM PARTNERS LP	UNIT LTD PARTN	26885B100	16,754	284,980	SH		DFND		284,980	0	0
EQUIFAX INC.	COM	294429105	210,854	3,051,876	SH		DFND		2,388,536	48,423	614,917
EQUITY RESIDENTIAL	SH BEN INT	29476L107	991	19,100	SH		DFND		19,100	0	0
EXPRESS SCRIPTS HLDG CO	COM	30219G108	124,435	1,771,568	SH		DFND		1,382,096	15,995	373,477
EXXON MOBIL CORP	COM	30231G102	162,478	1,605,511	SH		DFND		1,332,317	11,243	261,951
FAMILY DLR STORES INC	COM	307000109	47,935	737,800	SH		DFND		611,219	15,956	110,625
FEDEX CORP COM	COM	31428X106	87,440	608,189	SH		DFND		466,866	6,160	135,163
FIRST FINL BANCORP OH	COM	320209109	59,415	3,409,158	SH		DFND		2,914,655	71,896	422,607
FLIR SYS INC	COM	302445101	78,998	2,624,526	SH		DFND		2,012,225	50,166	562,135
FLOWSERVE CORP	COM	34354P105	6,653	84,400	SH		DFND		84,315	0	85
FOMENTO ECONOMICO MEXICANO S	SPON ADR UNITS	344419106	27,562	281,617	SH		DFND		249,112	0	32,505
FOSTER WHEELER AG	COM	H27178104	97,503	2,954,547	SH		DFND		2,272,285	62,637	619,625
FRANKLIN RES INC	COM	354613101	7,359	127,470	SH		DFND		117,960	0	9,510
FREEPORT-MCMORAN COPPER & GO	COM	35671D857	3,552	94,114	SH		DFND		94,114	0	0
GARMIN LTD	SHS	H2906T109	130,246	2,819,783	SH		DFND		2,139,725	43,486	636,572
GENERAC HOLDINGS INC	COM	368736104	1,420	25,073	SH		DFND		25,073	0	0
GENERAL DYNAMICS CORP	COM	369550108	89,354	935,153	SH		DFND		736,514	9,311	189,328
GENERAL ELECTRIC CO	COM	369604103	186,265	6,645,179	SH		DFND		5,701,156	39,350	904,673
GENERAL MLS INC	COM	370334104	163,201	3,269,903	SH		DFND		2,884,004	21,158	364,741
GENERAL MTRS CO	COM	37045V100	14,942	365,607	SH		DFND		354,900	8,157	2,550
GENUINE PARTS CO	COM	372460105	433	5,200	SH		DFND		5,200	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	114,734	2,148,983	SH		DFND		1,632,483	24,205	492,295
GLOBAL PMTS INC	COM	37940X102	46,968	722,699	SH		DFND		559,529	16,280	146,890
GORMAN RUPP CO	COM	383082104	6,592	197,191	SH		DFND		197,191	0	0
GRAINGER W W INC	COM	384802104	9,898	38,750	SH		DFND		38,450	0	300
HARTFORD FINL SVCS GROUP INC	COM	416515104	177,394	4,896,316	SH		DFND		3,911,088	45,237	939,991
HASBRO INC	COM	418056107	801	14,554	SH		DFND		8,954	0	5,600
HCC INS HLDGS INC	COM	404132102	39,001	845,271	SH		DFND		652,748	17,623	174,900
HCP INC	COM	40414L109	3,868	106,500	SH		DFND		106,500	0	0
HEARTLAND PMT SYS INC	COM	422347104	12,288	466,674	SH		DFND		466,674	0	0
HENRY JACK & ASSOC INC	COM	426281101	43,323	731,691	SH		DFND		560,495	16,011	155,185
HERSHEY CO	COM	427866108	1,804	18,550	SH		DFND		18,150	0	400
HONEYWELL INTL INC	COM	438516106	132,239	1,447,294	SH		DFND		1,148,833	13,071	285,390
HOST HOTELS & RESORTS INC	COM	44107P104	815	41,918	SH		DFND		41,918	0	0
HUBBELL INC	CL B	443510201	78,671	722,415	SH		DFND		561,664	15,076	145,675
HUDSON PAC PPTYS INC	COM	444097109	542	24,800	SH		DFND		24,800	0	0
HURCO COMPANIES INC	COM	447324104	2,678	107,076	SH		DFND		107,076	0	0
HYSTER YALE MATLS HANDLING I	CL A	449172105	3,767	40,433	SH		DFND		40,433	0	0
INLAND REAL ESTATE CORP	COM NEW	457461200	48,396	4,600,413	SH		DFND		4,071,812	0	528,601
INTERACTIVE CORP	COM	44919p508	169,054	2,462,507	SH		DFND		1,893,568	39,666	529,273
INTERNATIONAL BUSINESS MACHS	COM	459200101	7,034	37,500	SH		DFND		37,450	0	50
INVESCO LTD	SHS	G491BT108	2,155	59,200	SH		DFND		59,200	0	0
J & J SNACK FOODS CORP	COM	466032109	3,447	38,904	SH		DFND		38,904	0	0
J2 GLOBAL INC	COM	48123V102	92,405	1,847,732	SH		DFND		1,460,385	32,684	354,663
JOHNSON & JOHNSON	COM	478160104	247,904	2,706,671	SH		DFND		2,279,539	20,823	406,309
JPMORGAN CHASE & CO	COM	46625H100	204,230	3,492,313	SH		DFND		2,792,551	36,183	663,579
KAPSTONE PAPER & PACKAGING C	COM	48562p103	6,878	123,131	SH		DFND		123,131	0	0
KBR INC COM	COM	48242W106	37,125	1,164,164	SH		DFND		891,015	20,684	252,465
KELLY SVCS INC	CL A	488152208	6,927	277,745	SH		DFND		277,745	0	0
KILROY RLTY CORP	COM	49427F108	497	9,900	SH		DFND		9,900	0	0
KIMCO RLTY CORP	COM	49446R109	726	36,752	SH		DFND		36,752	0	0
KINDER MORGAN ENERGY PARTNER	UT LTD PARTNER	494550106	15,716	194,843	SH		DFND		194,843	0	0
KINDER MORGAN INC DEL	COM	49456B101	63,960	1,776,680	SH		DFND		1,776,680	0	0
KLA-TENCOR CORP	COM	482480100	6,689	103,775	SH		DFND		43,175	0	60,600
KNOLL INC	COM NEW	498904200	18,250	996,698	SH		DFND		886,876	18,253	91,569
KONINKLIJKE PHILIP	COM	500472303	766	20,850	SH		DFND		20,850	0	0
KRAFT FOODS GROUP INC	COM	50076Q106	5,643	104,670	SH		DFND		104,670	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	6,033	66,028	SH		DFND		26,428	0	39,600
LASALLE HOTEL PPTYS	COM SH BEN INT	517942108	534	17,300	SH		DFND		17,300	0	0
LAZARD LTD	SHS A	G54050102	1,568	34,600	SH		DFND		34,600	0	0
LEAR CORP	COM NEW	521865204	88,229	1,089,656	SH		DFND		845,823	23,788	220,045
LEGACY RESERVES LP	UNIT LP INT	524707304	8,376	297,451	SH		DFND		297,451	0	0
LIBERTY PPTY TR	SH BEN INT	531172104	1,040	30,700	SH		DFND		30,700	0	0
LIFE TIME FITNESS INC	COM	53217R207	79,409	1,689,552	SH		DFND		1,306,454	29,712	353,386
LITHIA MTRS INC	CL A	536797103	6,839	98,521	SH		DFND		98,521	0	0
LITTELFUSE INC	COM	537008104	7,063	76,008	SH		DFND		76,008	0	0
LOWES COS INC	COM	548661107	525	10,600	SH		DFND		10,600	0	0
MACERICH CO	COM	554382101	512	8,700	SH		DFND		8,700	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	55,503	877,234	SH		DFND		877,234	0	0
MANPOWERGROUP INC	COM	56418H100	64,426	750,360	SH		DFND		574,511	18,237	157,612
MARATHON PETE CORP	COM	56585A102	3,188	34,750	SH		DFND		34,700	0	50
MARKWEST ENERGY PARTNERS L P	UNIT LTD PARTN	570759100	15,512	234,572	SH		DFND		234,572	0	0
MATRIX SVC CO	COM	576853105	7,014	287,115	SH		DFND		287,115	0	0
MCCORMICK & CO INC	COM NON VTG	579780206	118,324	1,716,841	SH		DFND		1,344,369	14,036	358,436
MCDONALDS CORP	COM	580135101	14,673	151,220	SH		DFND		147,605	2,665	950
MEDNAX INC	COM	58502b106	79,802	1,494,981	SH		DFND		1,147,629	31,592	315,760
METLIFE INC	COM	59156R108	97,694	1,811,838	SH		DFND		1,555,367	11,692	244,779
METLIFE INC	UNIT 99/99/9999	59156R116	6,333	200,789	SH		DFND		200,789	0	0
MICROCHIP TECHNOLOGY INC	COM	595017104	2,150	48,040	SH		DFND		47,190	0	850
MICROSOFT CORP	COM	594918104	39,784	1,063,452	SH		DFND		1,050,498	0	12,954
MID-AMER APT CMNTYS INC	COM	59522J103	1,002	16,500	SH		DFND		16,500	0	0
MOHAWK INDS INC	COM	608190104	30,352	203,839	SH		DFND		139,865	3,474	60,500
MONDELEZ INTL INC	CL A	609207105	4,328	122,593	SH		DFND		122,593	0	0
MOODYS CORP	COM	615369105	7,525	95,898	SH		DFND		95,898	0	0
MOOG INC	CL A	615394202	6,723	98,952	SH		DFND		98,952	0	0
MSC INDL DIRECT INC	CL A	553530106	59,401	734,528	SH		DFND		559,753	6,920	167,855
NATIONAL BK HLDGS CORP	CL A	633707104	3,221	150,500	SH		DFND		150,500	0	0
NATIONAL OILWELL VARCO INC	COM	637071101	1,280	16,100	SH		DFND		16,100	0	0
NATIONAL RETAIL PPTYS INC	COM	637417106	1,620	53,411	SH		DFND		53,411	0	0
NETEASE INC	SPONSORED ADR	64110W102	7,333	93,297	SH		DFND		0	0	93,297
NEW JERSEY RES	COM	646025106	6,796	146,980	SH		DFND		146,980	0	0
NEXTERA ENERGY INC	COM	65339F101	145,013	1,693,686	SH		DFND		1,384,235	12,787	296,664
NGL ENERGY PARTNERS LP	COM UNIT REPST	62913M107	8,716	252,630	SH		DFND		252,630	0	0
NORTHWESTERN CORP	COM NEW	668074305	6,698	154,628	SH		DFND		154,628	0	0
NOVARTIS A G	SPONSORED ADR	66987V109	141,384	1,758,955	SH		DFND		1,583,064	10,789	165,102
OASIS PETE INC NEW	COM	674215108	94,224	2,006,046	SH		DFND		1,589,045	39,964	377,037
OCCIDENTAL PETE CORP DEL	COM	674599105	174,391	1,833,764	SH		DFND		1,548,927	15,869	268,968
OMNICELL INC	COM	68213n109	6,769	265,121	SH		DFND		265,121	0	0
OMNICOM GROUP INC	COM	681919106	5,717	76,867	SH		DFND		76,867	0	0
ONEOK PARTNERS LP	UNIT LTD PARTN	68268N103	8,037	152,646	SH		DFND		152,646	0	0
PACIFIC CONTINENTAL CORP	COM	69412V108	3,696	231,870	SH		DFND		231,870	0	0
PARKER HANNIFIN CORP	COM	701094104	2,280	17,725	SH		DFND		12,925	0	4,800
PDC ENERGY INC	COM	69327R101	27,564	517,931	SH		DFND		446,503	10,984	60,444
PEPSICO INC	COM	713448108	189,916	2,289,791	SH		DFND		1,973,310	15,721	300,760
PETSMART INC	COM	716768106	38,385	527,624	SH		DFND		411,930	9,284	106,410
PFIZER INC	COM	717081103	508	16,600	SH		DFND		16,600	0	0
PHILIP MORRIS INTL INC	COM	718172109	5,631	64,628	SH		DFND		64,628	0	0
PHILLIPS 66 PARTNERS LP	COM UNIT REP INT ADDED	718549207	4,847	127,800	SH		DFND		127,800	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	57,439	1,109,499	SH		DFND		1,109,499	0	0
PLAINS GP HOLDINGS LP	COM	72651A108	42,252	1,578,330	SH		DFND		1,578,330	0	0
PLUM CREEK TIMBER CO INC	COM	729251108	805	17,300	SH		DFND		17,300	0	0
POLARIS INDS INC	COM	731068102	64,649	443,902	SH		DFND		347,451	4,066	92,385
POTLATCH CORP NEW COM	COM	737630103	60,834	1,457,439	SH		DFND		1,217,566	0	239,873
PRECISION CASTPARTS CORP	COM	740189105	3,824	14,200	SH		DFND		11,500	0	2,700
PRICE T ROWE GROUP INC	COM	74144T108	5,290	63,146	SH		DFND		63,146	0	0
PRIMORIS SVCS CORP	COM	74164F103	43,238	1,388,944	SH		DFND		1,203,854	28,930	156,160
PRIVATEBANCORP INC	COM	742962103	78,138	2,700,948	SH		DFND		2,329,443	59,234	312,271
PROCTER & GAMBLE CO	COM	742718109	420	5,154	SH		DFND		5,154	0	0
PROLOGIS INC	COM	74340W103	1,006	27,223	SH		DFND		27,223	0	0
PS BUSINESS PKS INC CALIF	COM	69360J107	50,971	666,983	SH		DFND		615,383	0	51,600
PUBLIC STORAGE	COM	74460D109	3,295	21,893	SH		DFND		21,893	0	0
QEP MIDSTREAM PARTNERS LP	COM UNIT RP LTD ADDED	74735R115	4,135	178,100	SH		DFND		178,100	0	0
QUALCOMM INC	COM	747525103	196,813	2,650,671	SH		DFND		2,285,903	19,170	345,598
QUESTAR CORP	COM	748356102	57,156	2,486,138	SH		DFND		1,923,029	51,024	512,085
RANDGOLD RES LTD	ADR	752344309	3,254	51,807	SH		DFND		51,807	0	0
RAYTHEON CO	COM NEW	755111507	44,114	486,378	SH		DFND		486,378	0	0
REGENCY CTRS CORP	COM	758849103	2,718	58,700	SH		DFND		58,700	0	0
REGENCY ENERGY PARTNERS L P	COM UNITS LP	75885Y107	8,663	329,894	SH		DFND		329,894	0	0
REPUBLIC SVCS INC	COM	760759100	12,077	363,752	SH		DFND		154,002	0	209,750
REX ENERGY CORPORATION	COM	761565100	52,105	2,643,562	SH		DFND		2,277,158	59,464	306,940
ROADRUNNER TRNSN SVCS HLDG I	COM	76973q105	6,927	257,029	SH		DFND		257,029	0	0
ROBERT HALF INTL INC	COM	770323103	46,044	1,096,536	SH		DFND		791,002	21,355	284,179
ROCK-TENN CO	CL A	772739207	176,526	1,681,038	SH		DFND		1,319,004	22,607	339,427
ROCKWELL COLLINS INC	COM	774341101	1,323	17,900	SH		DFND		0	0	17,900
ROCKWOOD HLDGS INC	COM	774415103	117,650	1,635,844	SH		DFND		1,301,699	34,110	300,035
ROSS STORES INC	COM	778296103	5,077	67,750	SH		DFND		66,325	0	1,425
SAFETY INS GROUP INC	COM	78648T100	3,226	57,293	SH		DFND		57,293	0	0
SCHLUMBERGER LTD	COM	806857108	57,314	636,049	SH		DFND		492,680	0	143,369
SHERWIN WILLIAMS CO	COM	824348106	2,642	14,400	SH		DFND		14,400	0	0
SIGMA ALDRICH CORP	COM	826552101	142,142	1,511,989	SH		DFND		1,169,684	16,366	325,939
SIGNET JEWELERS LIMITED	SHS	G81276100	41,501	527,328	SH		DFND		413,316	0	114,012
SILICON GRAPHICS INTERNATIONAL	COM	82706L108	147	10,988	SH		DFND		0	10,988	0
SILVER BAY RLTY TR CORP	COM	82735Q102	1,023	64,000	SH		DFND		64,000	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	5,900	38,773	SH		DFND		38,773	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	1,379	48,300	SH		DFND		48,300	0	0
SMITH A O	COM	831865209	8,312	154,100	SH		DFND		154,100	0	0
SMUCKER J M CO	COM NEW	832696405	20,331	196,203	SH		DFND		125,615	2,453	68,135
SOUTHERN CO	COM	842587107	35,833	871,630	SH		DFND		871,630	0	0
SPECTRA ENERGY CORP	COM	847560109	62,675	1,759,550	SH		DFND		1,759,550	0	0
SPX CORP	COM	784635104	1,554	15,600	SH		DFND		15,600	0	0
STANLEY BLACK & DECKER INC	COM	854502101	4,853	60,144	SH		DFND		60,144	0	0
STATE BK FINL CORP	COM	856190103	13,039	716,798	SH		DFND		702,292	14,506	0
SUBURBAN PROPANE PARTNERS L	UNIT LTD PARTN	864482104	8,420	179,529	SH		DFND		179,529	0	0
SUMMIT HOTEL PPTYS	COM	866082100	14,696	1,632,922	SH		DFND		1,632,922	0	0
SUMMIT MIDSTREAM PARTNERS LP	COM UNIT LTD	866142102	8,595	234,505	SH		DFND		234,505	0	0
SUNOCO LOGISTICS PRTNRS L P	COM UNITS	86764L108	9,031	119,641	SH		DFND		119,641	0	0
SVB FINL GROUP	COM	78486Q101	90,946	867,306	SH		DFND		668,867	16,831	181,608
SYNERGY RES CORP	COM	87164P103	12,912	1,394,334	SH		DFND		1,378,515	15,819	0
SYSCO CORP	COM	871829107	1,401	38,800	SH		DFND		38,800	0	0
TAL INTL GROUP INC	COM	874083108	43,016	750,060	SH		DFND		656,110	15,165	78,785
TARGET CORP	COM	87612E106	177,579	2,806,700	SH		DFND		2,182,055	30,807	593,838
TE CONNECTIVITY LTD REG SHS	REG SHS	H84989104	1,312	23,800	SH		DFND		23,800	0	0
TENARIS S A	SPONSORED ADR	88031M109	25,757	589,536	SH		DFND		522,343	0	67,193
TESORO LOGISTICS LP	COM UNIT LP	88160T107	14,596	278,877	SH		DFND		278,877	0	0
TEXTRON INC	COM	883203101	3,074	83,615	SH		DFND		83,615	0	0
THOR INDS INC	COM	885160101	44,822	811,555	SH		DFND		657,396	14,294	139,865
TIME WARNER INC	COM NEW	887317303	150,703	2,161,538	SH		DFND		1,763,028	16,497	382,013
TIMKEN CO	COM	887389104	88,241	1,602,343	SH		DFND		1,255,241	28,312	318,790
TJX COS INC NEW	COM	872540109	4,350	68,260	SH		DFND		67,130	0	1,130
TRAVELERS COMPANIES INC	COM	89417E109	58,688	648,195	SH		DFND		648,195	0	0
TRINITY INDS INC	COM	896522109	51,294	940,822	SH		DFND		718,209	18,908	203,705
TRUEBLUE INC	COM	89785x101	38,749	1,503,081	SH		DFND		1,273,317	33,363	196,401
TUPPERWARE BRANDS CORP	COM	899896104	79,970	845,973	SH		DFND		657,462	16,921	171,590
ULTRA PETROLEUM CORP	COM	903914109	6,805	314,315	SH		DFND		126,610	0	187,705
UNION PAC CORP	COM	907818108	134,302	799,417	SH		DFND		636,727	8,529	154,161
UNITED TECHNOLOGIES CORP	COM	913017109	121,567	1,068,252	SH		DFND		830,594	10,764	226,894
UNUM GROUP	COM	91529Y106	1,442	41,100	SH		DFND		41,100	0	0
US BANCORP DEL	COM NEW	902973304	139,050	3,441,815	SH		DFND		3,087,235	21,475	333,105
VALE S A	ADR	91912E105	17,098	1,121,208	SH		DFND		949,508	0	171,700
VALERO ENERGY PARTNERS LP	UNT REP LP	91914j102	6,687	194,100	SH		DFND		194,100	0	0
VENTAS INC	COM	92276F100	58,928	1,028,766	SH		DFND		810,376	0	218,390
VIACOM INC NEW CL B	COM	92553P201	120,128	1,375,407	SH		DFND		1,056,235	13,030	306,142
VORNADO RLTY TR	SH BEN INT	929042109	1,023	11,520	SH		DFND		11,520	0	0
WADDELL & REED FINL INC	CL A	930059100	2,078	31,915	SH		DFND		31,215	0	700
WAL-MART STORES INC	COM	931142103	34,531	438,825	SH		DFND		438,825	0	0
WASHINGTON REAL ESTATE INVT	SH BEN INT	939653101	500	21,400	SH		DFND		21,400	0	0
WATTS WATER TECHNOLOGIES	COM	942749102	74,453	1,203,383	SH		DFND		1,029,598	27,450	146,335
WEINGARTEN RLTY INVS	SH BEN INT	948741103	490	17,875	SH		DFND		17,875	0	0
WELLS FARGO & CO NEW	COM	949746101	141,499	3,116,726	SH		DFND		2,498,896	35,754	582,076
WESCO INTL INC	COM	95082P105	119,242	1,309,339	SH		DFND		1,008,468	12,636	288,235
WESTERN DIGITAL CORP	COM	958102105	9,127	108,780	SH		DFND		108,280	0	500
WESTERN GAS EQUITY PARTNERS	COMUNT LTD PT	95825R103	4,072	103,050	SH		DFND		103,050	0	0
WESTERN GAS PARTNERS LP COM UN	COM UNIT LP IN	958254104	36,609	593,441	SH		DFND		593,441	0	0
WEYERHAEUSER CO	COM	962166104	1,089	34,500	SH		DFND		34,500	0	0
WILLIAMS COS INC DEL	COM	969457100	14,487	375,599	SH		DFND		375,599	0	0
WINTRUST FINL CORP	COM	97650W108	74,691	1,619,497	SH		DFND		1,392,100	36,074	191,323
WISCONSIN ENERGY CORP	COM	976657106	7,318	177,016	SH		DFND		90,416	0	86,600
WOLVERINE WORLD WIDE INC	COM	978097103	6,547	192,800	SH		DFND		192,800	0	0
WORLD PT TERMS LP	UNIT REP LTD PT ADDED	98159G107	10,330	536,598	SH		DFND		536,598	0	0
WUXI PHARMATECH CAYMAN INC SPONS ADR SHS	SPONS ADR SHS	929352102	8,220	214,169	SH		DFND		0	0	214,169