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:	
July 31, 2015	

Estimated average burden	

hours per response:	
23.8	

	

	

Report for the Calendar Year or Quarter Ended:	06-30-2016	
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:	TIFFANY B. KICE	
Title:	CFO	
Phone:	214-756-6900	
Signature, Place, and Date of Signing:	
TIFFANY B. KICE	DALLAS,  TX	08-15-2016	
[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:	3	 	 	
 	Form 13F Information Table Entry Total:	407	 	 	
 	Form 13F Information Table Value Total:	11,265,436	 	 	
 	(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	 	WESTWOOD MANAGEMENT CORP /TX	
 	3	 	WESTWOOD INTERNATIONAL ADVISORS INC.	
 	4	 	WESTWOOD TRUST	

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	

Expires:	
July 31, 2015	

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	
3M Co	COM	88579Y101	10,880	62,127	SH	 	DFND	2,4	62,127	0	0	
Abbott Labs	COM	002824100	162,264	4,127,823	SH	 	DFND	2,4	4,014,718	39,390	73,715	
Abbvie Inc	COM	00287Y109	6,062	97,914	SH	 	DFND	4	97,914	0	0	
Accenture Plc Ireland Shs Clas	COM	G1151C101	2,797	24,685	SH	 	DFND	3	23,725	0	960	
Adobe Systems Inc.	COM	00724F101	537	5,605	SH	 	DFND	4	5,605	0	0	
Advance Auto Parts Inc	COM	00751Y106	3,794	23,475	SH	 	DFND	2	23,475	0	0	
Aetna Inc	COM	00817Y108	90,874	744,076	SH	 	DFND	2,4	713,181	11,100	19,795	
Agco Corp	COM	001084102	1,944	41,251	SH	 	DFND	2	41,251	0	0	
Agrium Inc	COM	008916108	7,378	81,592	SH	 	DFND	4	81,592	0	0	
Air Prods & Chems Inc	COM	009158106	19	135	SH	 	DFND	2	135	0	0	
Alamo Group Inc.	COM	011311107	5,912	89,621	SH	 	DFND	2,4	89,621	0	0	
Albemarle Corp	COM	012653101	47,142	594,399	SH	 	DFND	2,4	506,173	0	88,226	
Alexandria Real Estate Eq Inc	COM	015271109	178,617	1,725,442	SH	 	DFND	2,4	1,618,533	0	106,909	
Allergan Plc	SHS	G0177J108	5,420	23,452	SH	 	DFND	4	23,452	0	0	
Allete Inc	COM	018522300	11,486	177,714	SH	 	DFND	2,4	177,714	0	0	
Alliant Energy Corp	COM	018802108	70,940	1,786,898	SH	 	DFND	2,4	1,479,300	34,442	273,156	
Allstate Corp	COM	020002101	83,388	1,192,102	SH	 	DFND	2,4	1,141,628	18,074	32,400	
Alphabet Inc	CAP STK CL C	02079K107	7,233	10,452	SH	 	DFND	4	10,452	0	0	
Alphabet Inc.	Class A	02079K305	559	794	SH	 	DFND	4	794	0	0	
Altria Group Inc	COM	02209S103	10,063	145,930	SH	 	DFND	2,4	145,930	0	0	
Amazon Com Inc	COM	023135106	953	1,332	SH	 	DFND	4	1,332	0	0	
Amc Networks Inc	CL A	00164V103	32,261	533,932	SH	 	DFND	2,4	438,130	10,831	84,971	
Amdocs Ltd Shs	COM	G02602103	210,044	3,638,993	SH	 	DFND	2,4	3,317,250	58,556	263,187	
American Campus Communities	COM	024835100	1,221	23,090	SH	 	DFND	2,4	23,090	0	0	
American Finl Group Inc Ohio	COM	025932104	962	13,011	SH	 	DFND	2	13,011	0	0	
American Intl Group Inc	COM	026874784	96,705	1,828,432	SH	 	DFND	2,4	1,753,255	27,602	47,575	
American Tower Corp	COM	03027X100	3,440	30,280	SH	 	DFND	2,4	30,280	0	0	
American Wtr Wks Co Inc	COM	030420103	1,441	17,057	SH	 	DFND	2	17,057	0	0	
Amerisafe Inc	COM	03071H100	11,202	182,983	SH	 	DFND	2,4	182,983	0	0	
Amphenol Corp	CL A	032095101	5,750	100,300	SH	 	DFND	2	100,300	0	0	
Amt 5.25 05/17 Pfd	Pfd	03027X308	56	500	SH	 	DFND	2	500	0	0	
Anadarko Pete Corp	COM	032511107	5	100	SH	 	DFND	2	0	0	100	
Anheuser Busch Inbev Sa/Nv	SPONSORED ADR	03524A108	8,620	65,461	SH	 	DFND	4	65,461	0	0	
Antero Midstream Partners Lp	COM	03673L103	10,579	379,612	SH	 	DFND	2,4	379,612	0	0	
Antm 5.25 05/18 Pfd	Pfd	036752202	45	1,000	SH	 	DFND	2	1,000	0	0	
Apogee Enterprises Inc	COM	037598109	43,281	933,767	SH	 	DFND	4	852,820	17,282	63,665	
Apple Inc	COM	037833100	51,473	538,431	SH	 	DFND	4	517,636	7,744	13,051	
At&T Inc	COM	00206R102	5,422	125,471	SH	 	DFND	2,3	125,371	0	100	
Automatic Data Processing Inc	COM	053015103	144	1,570	SH	 	DFND	2	1,570	0	0	
Avalonbay Cmntys Inc	COM	053484101	2,142	11,874	SH	 	DFND	4	11,874	0	0	
Avg Technologies N V Shs	COM	N07831105	34,553	1,819,540	SH	 	DFND	2,4	1,654,786	26,956	137,798	
Avnet Inc	COM	053807103	9,534	235,341	SH	 	DFND	4	174,903	2,331	58,107	
B/E Aerospace Inc	COM	073302101	32,725	708,714	SH	 	DFND	2,4	578,240	13,673	116,801	
Ballantyne Strong Inc	COM	058516105	78	14,900	SH	 	DFND	2	0	0	14,900	
Banco Bilbao Vizcaya Argenta	SPONSORED ADR	05946K101	122	21,280	SH	 	DFND	4	21,280	0	0	
Bancorpsouth Inc	COM	059692103	981	43,255	SH	 	DFND	2	43,255	0	0	
Bank Amer Corp	COM	060505104	96,198	7,249,273	SH	 	DFND	4	6,948,950	106,923	193,400	
Bankunited Inc	COM	06652K103	46,481	1,513,043	SH	 	DFND	2,4	1,240,226	30,462	242,355	
Banner Corp	COM	06652V208	960	22,556	SH	 	DFND	2	22,556	0	0	
Bard C R Inc	COM	067383109	35,091	149,222	SH	 	DFND	2,4	116,415	3,059	29,748	
Becton Dickinson & Co	COM	075887109	199,585	1,176,871	SH	 	DFND	2,4	1,153,534	8,856	14,481	
Berkshire Hathaway Inc Del	CL A	084670702	2,192	15,144	SH	 	DFND	2,4	14,956	0	188	
Bershire Hills Bancorp	COM	084680107	11,364	422,114	SH	 	DFND	2,4	422,114	0	0	
Boeing Co	COM	097023105	117,980	908,440	SH	 	DFND	2,4	896,040	0	12,400	
Bok Finl Corp	COM NEW	05561Q201	241	3,844	SH	 	DFND	4	3,844	0	0	
Booz Allen Hamilton Hldg Corp	COM	099502106	167,723	5,658,664	SH	 	DFND	2,4	5,053,467	101,342	503,855	
Borgwarner Inc	COM	099724106	15,963	540,736	SH	 	DFND	2,4	402,192	10,303	128,241	
Boston Properties Inc	COM	101121101	86,212	653,614	SH	 	DFND	2,4	653,614	0	0	
Brandywine Rlty Tr Sh Ben Int	SH BEN INT	105368203	67,238	4,002,255	SH	 	DFND	2,4	3,361,613	0	640,642	
Bristol Myers Squibb Co	COM	110122108	6,979	94,889	SH	 	DFND	2,4	94,889	0	0	
Broadcom Ltd	COM	Y09827109	5,144	33,105	SH	 	DFND	2,4	33,105	0	0	
Broadridge Finl Solutions Inc	COM	11133T103	79,013	1,211,871	SH	 	DFND	2,4	1,027,263	20,710	163,898	
Brocade Communications Sys Inc	COM	111621306	41,170	4,484,764	SH	 	DFND	2,4	3,726,420	92,798	665,546	
Buckeye Partners L P	UNIT LTD PARTN	118230101	15,338	218,089	SH	 	DFND	4	218,089	0	0	
Cabelas Inc	COM	126804301	670	13,377	SH	 	DFND	2	12,927	0	450	
Cable One Inc	COM	12685J105	70,874	138,586	SH	 	DFND	2,4	113,293	2,766	22,527	
Callon Pete Co Del	COM	13123X102	12,142	1,081,215	SH	 	DFND	2,4	1,081,215	0	0	
Camden Ppty Tr Sh Ben Int	SH BEN INT	133131102	1,154	13,047	SH	 	DFND	2,4	13,047	0	0	
Capital One Finl Corp	COM	14040H105	4,425	69,679	SH	 	DFND	2,3	69,679	0	0	
Cardinal Health Inc	COM	14149Y108	3,422	43,870	SH	 	DFND	2	42,700	0	1,170	
Cardtronics Inc	COM	14161H108	44,663	1,121,899	SH	 	DFND	2,4	992,286	31,513	98,100	
Caterpillar Inc Del	COM	149123101	1,302	17,173	SH	 	DFND	2	17,173	0	0	
Cci 4.5 11/01/16 Pfd	PFD	22822V200	1,779	14,700	SH	 	DFND	2	14,700	0	0	
Cedar Fair Lp	COM	150185106	34,011	588,225	SH	 	DFND	2,4	570,528	17,697	0	
Chemical Finl Corp	COM	163731102	11,149	298,993	SH	 	DFND	2,4	298,993	0	0	
Cheniere Energy Inc	COM NEW	16411R208	491	13,083	SH	 	DFND	4	13,083	0	0	
Chesapeake Energy Corp	COM	165167107	11,042	2,579,871	SH	 	DFND	4	2,579,871	0	0	
Chevron Corp	COM	166764100	82,901	790,814	SH	 	DFND	2,4	758,141	9,123	23,550	
Church & Dwight Inc	COM	171340102	12,862	125,000	SH	 	DFND	4	125,000	0	0	
Cigna Corporation	COM	125509109	74,277	580,330	SH	 	DFND	2,4	556,910	6,320	17,100	
Citigroup Inc	COM NEW	172967424	7,601	179,315	SH	 	DFND	4	179,315	0	0	
Claymore Exchange Trd Fd Tr 2	TRD FD TR 2	18383Q879	5	215	SH	 	DFND	2	70	0	145	
Clubcorp Hldgs Inc	COM	18948M108	40,216	3,093,505	SH	 	DFND	2,4	2,767,596	63,209	262,700	
Cms Energy Corp	COM	125896100	54	1,175	SH	 	DFND	2	1,175	0	0	
Coach Inc	COM	189754104	618	15,160	SH	 	DFND	4	15,160	0	0	
Coca Cola Co	COM	191216100	569	12,543	SH	 	DFND	2,4	12,543	0	0	
Colgate Palmolive Co	COM	194162103	94,320	1,288,525	SH	 	DFND	2,4	1,234,899	17,616	36,010	
Columbia Bkg Sys Inc	COM	197236102	11,903	424,219	SH	 	DFND	2,4	424,219	0	0	
Comcast Corp	CL A	20030N101	252,994	3,880,881	SH	 	DFND	2,4	3,787,620	30,761	62,500	
Compass Minerals Intl Inc	COM	20451N101	163	2,200	SH	 	DFND	2	2,200	0	0	
Cone Midstream Partners Lp	COM	206812109	11,803	680,640	SH	 	DFND	2,4	680,640	0	0	
Conmed Corp	COM	207410101	44,009	922,040	SH	 	DFND	2,4	842,353	17,777	61,910	
Connecticut Water Service, Inc	COM	207797101	6,573	116,963	SH	 	DFND	2,4	116,963	0	0	
Conocophillips	COM	20825C104	238	5,470	SH	 	DFND	4	5,470	0	0	
Constellation Brands Inc	CL A	21036P108	1,220	7,377	SH	 	DFND	2	7,377	0	0	
Continental Bldg Prods Inc	COM	211171103	11,300	508,344	SH	 	DFND	2,4	508,344	0	0	
Cooper Cos Inc	COM	216648402	70,577	411,364	SH	 	DFND	2,4	338,541	10,359	62,464	
Costco Whsl Corp	COM	22160K105	208	1,325	SH	 	DFND	2,4	1,320	0	5	
Credicorp Ltd	COM	G2519Y108	82,046	531,629	SH	 	DFND	2,3	386,849	0	144,780	
Csusaln	COM	027297100	14	12,655	SH	 	DFND	2	0	12,655	0	
Csx Corp	COM	126408103	216	8,291	SH	 	DFND	4	8,291	0	0	
Cubesmart	COM	229663109	542	17,560	SH	 	DFND	2,4	17,560	0	0	
Curtiss Wright Corp	COM	231561101	1,253	14,877	SH	 	DFND	2	14,877	0	0	
Cvs Health Corporation	COM	126650100	145,220	1,516,808	SH	 	DFND	2,4	1,484,424	9,164	23,220	
Cyrusone Inc	COM	23283R100	12,715	228,429	SH	 	DFND	2,4	228,429	0	0	
Davita Healthcare Partners I	COM	23918K108	294	3,800	SH	 	DFND	4	3,800	0	0	
Dcp Midstream Partners Lp	COM	23311P100	4,939	143,205	SH	 	DFND	2,4	143,205	0	0	
Deere & Co	COM	244199105	560	6,915	SH	 	DFND	2,4	6,815	0	100	
Delek Logistics Partners Lp	COM	24664T103	6,933	259,578	SH	 	DFND	2,4	259,578	0	0	
Devon Energy Corp	COM	25179M103	3	76	SH	 	DFND	2	76	0	0	
Diamondback Energy Inc	COM	25278X109	65,782	721,216	SH	 	DFND	2,4	591,584	14,276	115,356	
Dicks Sporting Goods Inc	COM	253393102	4,407	97,800	SH	 	DFND	2	97,800	0	0	
Dillards Inc	COM	254067101	21,498	354,746	SH	 	DFND	2,4	290,066	7,849	56,831	
Discover Finl Svcs	COM	254709108	7,710	143,854	SH	 	DFND	4	143,854	0	0	
Disney Walt Co Com Disney	COM	254687106	3,620	37,007	SH	 	DFND	2,4	36,762	0	245	
Dollar Gen Corp	COM	256677105	13,177	140,180	SH	 	DFND	4	140,180	0	0	
Dominion Midstream Partners, L	COM UNIT REP	257454108	11,130	395,664	SH	 	DFND	2,4	395,664	0	0	
Douglas Emmett Inc	COM	25960P109	571	16,050	SH	 	DFND	2,4	16,050	0	0	
Dr Pepper Snapple Group Inc Co	COM	26138E109	12,913	133,633	SH	 	DFND	2,4	100,079	1,298	32,256	
Dst Sys Inc Del	COM	233326107	78,618	675,236	SH	 	DFND	2,4	649,038	7,748	18,450	
Dte Energy Co.	COM	233331107	27,295	275,376	SH	 	DFND	2,4	200,082	7,419	67,875	
Dts Inc	COM	23335C101	11,207	423,697	SH	 	DFND	2,4	423,697	0	0	
Du Pont E I De Nemours & Co	COM	263534109	924	14,255	SH	 	DFND	4	14,255	0	0	
Dun & Bradstreet Corp Del	COM	26483E100	7,915	64,965	SH	 	DFND	2	64,965	0	0	
East West Bancorp Inc	COM	27579R104	19,040	557,053	SH	 	DFND	2,4	464,014	19,183	73,856	
Easterly Government Properties	COM	27616P103	7,079	358,823	SH	 	DFND	2,4	358,823	0	0	
Edgewell Personal Care Co.	COM	28035Q102	33,717	399,438	SH	 	DFND	2,4	326,330	8,056	65,052	
Emerson Elec Co	COM	291011104	56	1,080	SH	 	DFND	2	1,080	0	0	
Empire St Rlty Tr	UNIT LTD PARTN	292104106	1,096	57,670	SH	 	DFND	2,4	57,670	00	0	
Employers Holdings Inc	COM	292218104	11,222	386,691	SH	 	DFND	2,4	386,691	0	0	
Energizer Holdings Inc.	COM	29272W109	81,308	1,579,104	SH	 	DFND	2,4	1,293,061	34,167	251,876	
Energy Transfer Equity L P	COM	29273V100	21	1,460	SH	 	DFND	2	0	0	1,460	
Energy Transfer Prtnrs L P Uni	UNIT LTD PARTN	29273R109	32,371	850,309	SH	 	DFND	2,4	850,309	0	0	
Enerplus Corp	COM	292766102	260	39,600	SH	 	DFND	4	39,600	0	0	
Enersis Americas	SPONSORED ADR	29274F104	6,091	709,867	SH	 	DFND	2,3	709,867	0	0	
Enersis Chile Sa- Adr W/I	ADR	29278D105	4,139	709,867	SH	 	DFND	2,3	709,867	0	0	
Enlink Midstream Llc	COM UNIT	29336T100	7,093	445,826	SH	 	DFND	2,4	445,826	0	0	
Enterprise Prods Partners L P	COM	293792107	158,443	5,415,002	SH	 	DFND	2,4	5,413,482	0	1,520	
Eog Res Inc	COM	26875P101	84,478	1,012,684	SH	 	DFND	2,4	970,328	15,956	26,400	
Eqt Corp	COM	26884L109	49,660	641,352	SH	 	DFND	2,4	616,735	10,817	13,800	
Eqt Midstream Partners Lp	UNIT LTD PARTN	26885B100	36,806	458,355	SH	 	DFND	2,4	458,355	0	0	
Equifax Inc	COM	294429105	62,815	489,215	SH	 	DFND	2,4	396,234	9,450	83,531	
Equity Residential	SH BEN INT	29476L107	2,733	39,680	SH	 	DFND	2,4	39,680	0	0	
Everyday Health Inc	COM	300415106	4,613	585,333	SH	 	DFND	2,4	585,333	0	0	
Express Scripts Holding Compan	COM	30219G108	3,396	44,800	SH	 	DFND	2	44,800	0	0	
Exxon Mobil Corp	COM	30231G102	135,830	1,449,003	SH	 	DFND	2,3,4	1,404,576	12,397	32,030	
Fedex Corp	COM	31428X106	60,373	397,765	SH	 	DFND	2,4	383,026	4,029	10,710	
Fidelity Natl Information Sv	COM	31620M106	6,013	81,605	SH	 	DFND	4	81,605	0	0	
First Rep Bk San Francisco Cal	COM	33616C100	1,195	17,080	SH	 	DFND	2	17,080	0	0	
Flir Sys Inc	COM	302445101	66,044	2,133,889	SH	 	DFND	2,4	1,775,256	42,583	316,050	
Flowers Foods Inc	COM	343498101	24,650	1,314,661	SH	 	DFND	2	1,149,450	28,511	136,700	
Flowserve Corp	COM	34354P105	1,662	36,800	SH	 	DFND	2	36,800	0	0	
Fluor Corp	COM	343412102	1,167	23,685	SH	 	DFND	2	23,475	0	210	
Fmc Technologies Inc	COM	30249U101	330	12,370	SH	 	DFND	4	12,370	0	0	
Fomento Economico Mexicano Sab	SPONSORED ADR	344419106	54,900	593,575	SH	 	DFND	2	489,768	0	103,807	
Ford Mtr Co Del	COM PAR $0.01	345370860	146	11,620	SH	 	DFND	4	11,620	0	0	
Frontier Communications Corp C	COM	35906A108	0	34	SH	 	DFND	2	34	0	0	
Ftr Pfd 11.125 06/18	PFD	35906A207	1,470	15,500	SH	 	DFND	2	15,500	0	0	
G & K Services	COM	361268105	7,201	94,051	SH	 	DFND	2,4	94,051	0	0	
Generac Hldgs Inc	COM	368736104	2,852	81,583	SH	 	DFND	2	81,583	0	0	
General Dynamics Corp	COM	369550108	142,922	1,026,440	SH	 	DFND	2,4	1,007,318	6,267	12,855	
General Electric Co	COM	369604103	65,836	2,091,389	SH	 	DFND	2,4	2,091,389	0	0	
General Mls Inc	COM	370334104	161,863	2,269,521	SH	 	DFND	2,4	2,227,813	16,608	25,100	
General Mtrs Co	COM	37045V100	2,956	104,470	SH	 	DFND	2,4	104,470	0	0	
Genuine Parts Co	COM	372460105	7,861	77,640	SH	 	DFND	2	77,375	0	265	
Gilead Sciences Inc	COM	375558103	3,447	41,320	SH	 	DFND	2,4	40,925	0	395	
Glacier Bancorp Inc	COM	37637Q105	11,429	429,980	SH	 	DFND	2,4	429,980	0	0	
Global Pmts Inc	COM	37940X102	6,282	88,020	SH	 	DFND	4	88,020	0	0	
Gorman Rupp Co	COM	383082104	5,590	203,930	SH	 	DFND	2,4	203,930	0	0	
Graco Inc	COM	384109104	1,313	16,619	SH	 	DFND	2	16,619	0	0	
Grainger W W Inc	COM	384802104	5,521	24,297	SH	 	DFND	2,4	21,501	796	2,000	
Great Westn Bancorp Inc	COM	391416104	25,368	804,314	SH	 	DFND	2	708,759	16,988	78,567	
Halliburton Co	COM	406216101	387	8,550	SH	 	DFND	4	8,550	0	0	
Hanesbrands Inc	COM	410345102	55,126	2,193,630	SH	 	DFND	2,4	1,789,892	47,526	356,212	
Hartford Finl Svcs Group Inc	COM	416515104	122,112	2,751,513	SH	 	DFND	2,4	2,623,932	12,609	114,972	
Hasbro Inc	COM	418056107	361	4,304	SH	 	DFND	2	504	0	3,800	
Hawaiian Holdings Inc	COM	419879101	1,499	39,481	SH	 	DFND	2	39,481	0	0	
Hcp Inc	COM	40414L109	1,769	50,009	SH	 	DFND	2,4	50,009	0	0	
Heartland Express Inc	COM	422347104	10,850	623,945	SH	 	DFND	2,4	623,945	0	0	
Helen Of Troy Corp Ltd	COM	G4388N106	68,315	664,289	SH	 	DFND	2,4	545,354	13,182	105,753	
Heritage Commerce Corp	COM	426927109	5,521	524,294	SH	 	DFND	2,4	524,294	0	0	
Hershey Co	COM	427866108	23	200	SH	 	DFND	2	200	0	0	
Home Bancshares Inc	COM	436893200	58,118	2,936,724	SH	 	DFND	2,4	2,407,724	58,882	470,118	
Home Depot Inc	COM	437076102	93,865	735,106	SH	 	DFND	2,4	707,773	9,558	17,775	
Honeywell Intl Inc	COM	438516106	216,470	1,860,985	SH	 	DFND	2,4	1,834,238	7,947	18,800	
Hormel Foods Corp	COM	440452100	20	550	SH	 	DFND	2	550	0	0	
Host Hotels & Resorts Inc	COM	44107P104	554	34,138	SH	 	DFND	2,4	34,138	0	0	
Hubbell Inc	COM	443510607	7,429	70,434	SH	 	DFND	2,4	41,572	917	27,945	
Hudson Pac Pptys	COM	444097109	1,088	37,270	SH	 	DFND	2,4	37,270	0	0	
Huntington Ingalls Industries	COM	446413106	70,185	417,695	SH	 	DFND	2,4	341,489	8,472	67,734	
Idacorp Inc	COM	451107106	5,705	70,127	SH	 	DFND	2	62,727	0	7,400	
Illinois Tool Wks Inc	COM	452308109	33	315	SH	 	DFND	2	315	0	0	
Ingersoll-Rand Plc Shs	COM	G47791101	1,329	20,873	SH	 	DFND	2,4	20,873	0	0	
Ingevity Corp	COM	45688C107	0	11	SH	 	DFND	2	7	4	0	
Integra Lifesciences Hldgs Cp	COM	457985208	45,872	574,973	SH	 	DFND	2,4	526,092	9,873	39,008	
Intel Corp	COM	458140100	8,483	258,599	SH	 	DFND	4	258,599	0	0	
Intercontinental Exchange In	COM	45866F104	8,047	31,439	SH	 	DFND	4	31,439	0	0	
Interface Inc	COM	458665304	31,942	2,094,585	SH	 	DFND	2,4	1,889,259	42,557	162,769	
International Business Machs	COM	459200101	768	5,058	SH	 	DFND	4	5,058	0	0	
Intl Speedway Corp -	CL A	460335201	11,445	342,171	SH	 	DFND	2,4	342,171	0	0	
Invesco Ltd Shs	COM	G491BT108	58,232	2,280,007	SH	 	DFND	2,4	2,196,658	25,999	57,350	
Ishares Msci India Etf	ETF	46429B598	55,901	2,002,200	SH	 	DFND	2,3	2,002,200	0	0	
Ishares Msci Taiwan Etf	ETF	464286731	47,910	3,410,000	SH	 	DFND	2	3,410,000	0	0	
Ishares Tr	MSCI EAFE ETF	464287465	458	8,203	SH	 	DFND	4	8,203	0	0	
Ishares Tr	RUSSELL 2000 ETF	464287655	996	8,666	SH	 	DFND	4	8,666	0	0	
Itt Inc	COM	45073V108	3	100	SH	 	DFND	2	0	0	100	
J & J Snack Foods Corp	COM	466032109	51,426	431,172	SH	 	DFND	2,4	375,592	7,449	48,131	
J2 Global Inc	COM	48123V102	78,233	1,238,453	SH	 	DFND	2,4	1,040,213	25,282	172,958	
Johnson & Johnson	COM	478160104	281,792	2,323,101	SH	 	DFND	2,4	2,267,048	18,156	37,897	
Jones Lang Lasalle Inc	COM	48020Q107	2,928	30,045	SH	 	DFND	2	30,045	0	0	
Jpmorgan Chase & Co	COM	46625H100	146,330	2,354,850	SH	 	DFND	2,3,4	2,264,576	32,938	57,336	
Kaman Corp	COM	483548103	9,003	211,735	SH	 	DFND	2,4	211,735	0	0	
Kansas City Southern	COM	485170302	14	150	SH	 	DFND	4	150	0	0	
Kapstone Paper & Packaging Crp	COM	48562P103	42,649	3,278,204	SH	 	DFND	2,4	2,980,893	59,711	237,600	
Kelly Svcs Inc	CL A	488152208	5,721	301,544	SH	 	DFND	2,4	301,544	0	0	
Kilroy Rlty Corp	COM	49427F108	539	8,120	SH	 	DFND	2,4	8,120	0	0	
Kimberly Clark Corp	COM	494368103	336	2,444	SH	 	DFND	4	2,444	0	0	
Kimco Rlty Corp	COM	49446R109	616	19,642	SH	 	DFND	2,4	19,642	0	0	
Kinder Morgan Inc Del	COM	49456B101	15,196	811,755	SH	 	DFND	2,4	811,755	0	0	
Kinder Morgan Inc Del	PFD SER	49456B200	26,044	533,150	SH	 	DFND	2	533,150	0	0	
Kirby Corp	COM	497266106	326	5,230	SH	 	DFND	4	5,230	0	0	
Kite Rlty Group Tr	COM	49803T300	1,619	57,760	SH	 	DFND	2,4	57,760	0	0	
Knoll Inc	COM	498904200	6,626	272,890	SH	 	DFND	2,4	272,890	0	0	
Koninklijke Philip	COM	500472303	1,101	44,243	SH	 	DFND	2	44,243	00	0	
L Brands Inc	COM	501797104	7,101	105,787	SH	 	DFND	4	105,787	0	0	
Laboratory Corp Amer Hldgs	COM	50540R409	20	152	SH	 	DFND	2	152	0	0	
Lazard Ltd Shs A	COM	G54050102	2,451	82,300	SH	 	DFND	2	82,300	0	0	
Legacy Tex Finl Group Inc	COM	52471Y106	11,850	440,372	SH	 	DFND	2,4	440,372	0	0	
Liberty Ppty Tr	SH BEN INT	531172104	1,165	29,330	SH	 	DFND	2,4	29,330	0	0	
Lions Gate Films	COM	535919203	29,016	1,434,329	SH	 	DFND	2,4	1,179,410	35,956	218,963	
Lithia Mtrs Inc	CL A	536797103	11,212	157,751	SH	 	DFND	2,4	157,751	0	0	
Littelfuse Inc	COM	537008104	12,060	102,042	SH	 	DFND	2,4	102,042	0	0	
Lockheed Martin Corp	COM	539830109	3,133	12,625	SH	 	DFND	2	12,540	0	85	
Louisiana Pac Corp	COM	546347105	11,208	646,016	SH	 	DFND	2,4	646,016	0	0	
Lowes Cos Inc	COM	548661107	637	8,050	SH	 	DFND	2	8,050	0	0	
Magellan Midstream Prtnrs Lp C	LP COM UNIT	559080106	97,929	1,288,542	SH	 	DFND	2,4	1,287,922	0	620	
Marathon Oil Corp	COM	565849106	262	17,424	SH	 	DFND	2,4	17,324	0	100	
Marathon Pete Corp	COM	56585A102	2,490	65,600	SH	 	DFND	2	65,500	0	100	
Marcus Corp	COM	566330106	9,885	468,499	SH	 	DFND	2,4	468,499	0	0	
Markel Corp	COM	570535104	14,340	15,051	SH	 	DFND	4	9,611	215	5,225	
Matador Res Co	COM	576485205	1,887	95,300	SH	 	DFND	4	95,300	0	0	
Matrix Svc Co	COM	576853105	5,039	305,628	SH	 	DFND	2,4	305,628	0	0	
Mccormick & Co Inc Com Non Vtg	COM	579780206	87,294	818,359	SH	 	DFND	2,4	786,884	8,940	22,535	
Mcdonalds Corp	COM	580135101	42	350	SH	 	DFND	2	350	0	0	
Mckesson Corp	COM	58155Q103	11,731	62,855	SH	 	DFND	2,4	62,755	0	100	
Mead Johnson Nutrition Company	COM	582839106	12,142	133,790	SH	 	DFND	2,4	104,000	1,129	28,661	
Medtronic Plc	SHS	G5960L103	9,795	112,883	SH	 	DFND	4	112,883	0	0	
Merck & Co Inc	COM	58933Y105	259	4,498	SH	 	DFND	2,4	4,498	0	0	
Merit Med Sys Inc	COM	589889104	6,175	311,379	SH	 	DFND	2,4	311,379	0	0	
Methanex Corp	COM	59151K108	698	24,000	SH	 	DFND	2,4	24,000	0	0	
Metlife Inc	COM	59156R108	13,778	345,899	SH	 	DFND	2,3,4	345,899	0	0	
Microsoft Corp	COM	594918104	138,007	2,697,034	SH	 	DFND	2,4	2,640,949	15,910	40,175	
Mid-Amer Apt Cmntys Inc	COM	59522J103	1,122	10,540	SH	 	DFND	2,4	10,540	0	0	
Middleby Corp	COM	596278101	1,141	9,900	SH	 	DFND	2	9,900	0	0	
Miller Herman Inc	COM	600544100	36,082	1,207,160	SH	 	DFND	2,4	1,091,415	18,945	96,800	
Mks Instrument Inc	COM	55306N104	6,511	151,207	SH	 	DFND	2,4	151,207	0	0	
Mohawk Inds Inc	COM	608190104	17,208	90,679	SH	 	DFND	2,4	62,961	1,083	26,635	
Mondelez Intl Inc	CL A	609207105	4,528	99,491	SH	 	DFND	2	99,491	0	0	
Moodys Corp	COM	615369105	8,229	87,817	SH	 	DFND	2	87,817	0	0	
Mplx Lp Com Unit Rep Ltd	COM UNIT REP	55336V100	22,292	662,856	SH	 	DFND	2,4	662,856	0	0	
National Retail Pptys Inc	COM	637417106	1,073	20,754	SH	 	DFND	2	20,754	0	0	
Nautilus Inc	COM	63910B102	1,189	66,656	SH	 	DFND	2	66,656	0	0	
Netease Inc	SPONSORED ADR	64110W102	38,903	201,340	SH	 	DFND	2	167,719	0	33,621	
New Jersey Res	COM	646025106	309	8,010	SH	 	DFND	4	8,010	0	0	
Newell Brands Inc	COM	651229106	12,577	258,945	SH	 	DFND	2,4	172,787	3,119	83,039	
Newfield Expl Co	COM	651290108	4,265	96,527	SH	 	DFND	4	96,527	0	0	
Newmont Mining Corp	COM	651639106	5	120	SH	 	DFND	2	120	0	0	
Nextera Energy Inc	COM	65339F101	129,067	989,784	SH	 	DFND	2,4	965,286	7,198	17,300	
Nic Inc	COM	62914B100	144	6,580	SH	 	DFND	2	0	0	6,580	
Nike Inc Cl B	COM	654106103	492	8,920	SH	 	DFND	4	8,920	0	0	
Nordstrom Inc	COM	655664100	12,176	320,010	SH	 	DFND	2	279,731	7,079	33,200	
Northrop Grumman Corp	COM	666807102	207	930	SH	 	DFND	4	930	0	0	
Northwestern Corp	COM	668074305	75,723	1,200,627	SH	 	DFND	2,4	1,015,454	21,021	164,152	
Nxp Semiconductors N V	COM	N6596X109	8,682	110,830	SH	 	DFND	4	110,830	0	0	
Occidental Pete Corp Del	COM	674599105	46,970	621,633	SH	 	DFND	2,4	616,868	4,665	100	
Omnicell Inc	COM	68213N109	11,338	331,236	SH	 	DFND	2,4	331,236	0	0	
Omnicom Group Inc	COM	681919106	5,733	70,356	SH	 	DFND	2	70,356	0	0	
Opus Bk Irvine Calif	COM	684000102	15,861	469,242	SH	 	DFND	2,4	439,521	15,121	14,600	
Oracle Corp	COM	68389X105	304	7,434	SH	 	DFND	4	7,434	0	0	
Osi Systems Inc	COM	671044105	40,089	689,653	SH	 	DFND	2,4	619,239	13,014	57,400	
Owens & Minor Inc	COM	690732102	28,226	755,110	SH	 	DFND	2,4	611,953	15,045	128,112	
Oxford Industries	COM	691497309	11,349	200,434	SH	 	DFND	2,4	200,434	0	0	
Parker Hannifin Corp	COM	701094104	1,947	18,015	SH	 	DFND	2	14,415	0	3,600	
Parsley Energy Inc	COM	701877102	1,702	62,900	SH	 	DFND	2	52,200	0	10,700	
Patrick Inds Inc	COM	703343103	661	10,962	SH	 	DFND	2	10,962	0	0	
Patterson Companies	COM	703395103	80,971	1,690,779	SH	 	DFND	2,4	1,381,536	32,202	277,041	
Paypal Holdings Inc	COM	70450Y103	70,994	1,944,503	SH	 	DFND	2,4	1,866,375	22,528	55,600	
Pdc Energy Inc	COM	69327R101	750	13,025	SH	 	DFND	2	13,025	0	0	
Pepsico Inc	COM	713448108	206,258	1,946,937	SH	 	DFND	2,4	1,912,425	12,502	22,010	
Perkinelmer Inc	COM	714046109	35,216	671,795	SH	 	DFND	2,4	558,489	12,798	100,508	
Pfizer Inc	COM	717081103	12,886	365,957	SH	 	DFND	2,4	365,957	0	0	
Philip Morris Intl Inc	COM	718172109	539	5,299	SH	 	DFND	2,4	5,299	0	0	
Phillips 66	COM	718546104	403	5,085	SH	 	DFND	4	5,085	0	0	
Phillips 66 Partners Lp Com Un	COM UNIT REP	718549207	61,030	1,092,365	SH	 	DFND	2,4	1,092,365	0	0	
Pinnacle Finl Partners Inc	COM	72346Q104	988	20,220	SH	 	DFND	2	20,220	0	0	
Pitney-Bowes Inc.	COM	724479100	64,120	3,602,253	SH	 	DFND	2,4	2,975,562	87,361	539,330	
Plains All Amern Pipeline L P	UNIT LTD PARTN	726503105	20,309	738,788	SH	 	DFND	2,4	737,728	0	1,060	
Plains Gp Hldgs L P Shs A Rep	COM	72651A108	18	1,765	SH	 	DFND	2	0	0	1,765	
Platform Specialty Prods Corp	COM	72766Q105	512	57,611	SH	 	DFND	2	57,611	0	0	
Pnc Finl Svcs Group Inc	COM	693475105	7,275	89,382	SH	 	DFND	4	89,382	0	0	
Polyone Corp	COM	73179P106	70,043	1,987,592	SH	 	DFND	2,4	1,600,827	38,096	348,669	
Potlatch Corp	COM	737630103	8,419	246,889	SH	 	DFND	2,4	246,889	0	0	
Powershares India Etf Tr India	ETF	73935L100	9,482	485,000	SH	 	DFND	2,3	485,000	0	0	
Premier Inc	CL A	74051N102	51,052	1,561,234	SH	 	DFND	2,4	1,258,124	32,424	270,686	
Price T Rowe Group Inc	COM	74144T108	5,672	77,732	SH	 	DFND	2,3	77,572	0	160	
Privatebancorp Inc	COM	742962103	45,731	1,038,619	SH	 	DFND	2,4	872,037	29,056	137,526	
Procter & Gamble Co	COM	742718109	1,059	12,516	SH	 	DFND	2,4	12,516	0	0	
Prologis Inc	COM	74340W103	1,108	22,593	SH	 	DFND	2,4	22,593	0	0	
Ps Business Pks Inc Calif	COM	69360J107	55,620	524,321	SH	 	DFND	2,4	451,474	0	72,847	
Public Storage	COM	74460D109	2,055	8,040	SH	 	DFND	2,4	8,040	0	0	
Qualcomm Inc	COM	747525103	5,661	105,676	SH	 	DFND	2,4	100,323	5,353	0	
Randgold Res Ltd	ADR	752344309	3,874	34,577	SH	 	DFND	2	34,577	0	0	
Raymond James Financial Inc Co	COM	754730109	621	12,599	SH	 	DFND	2	12,599	0	0	
Raytheon Co	COM	755111507	108,696	799,528	SH	 	DFND	2,4	788,591	6,137	4,800	
Regency Ctrs Corp	COM	758849103	3,955	47,240	SH	 	DFND	2,4	47,240	0	0	
Republic Svcs Inc	COM	760759100	9	172	SH	 	DFND	2	172	0	0	
Rio Tinto Limited	COM	767204100	249	7,345	SH	 	DFND	2	7,345	0	0	
Rose Rock Midstream Lp	COM	777149105	7,992	302,825	SH	 	DFND	2,4	302,825	0	0	
Royal Dutch Shell Plc	SPONSORED ADR	780259206	636	11,533	SH	 	DFND	2,4	11,533	0	0	
Rsp Permian Inc	COM	74978Q105	81,650	2,340,197	SH	 	DFND	2,4	1,999,580	47,808	292,809	
Safety Ins Group Inc	COM	78648T100	5,932	96,326	SH	 	DFND	2,4	96,326	0	0	
Sap Se	COM	803054204	5,145	68,959	SH	 	DFND	2	68,959	0	0	
Schlumberger Ltd	COM	806857108	63,285	800,269	SH	 	DFND	2,4	770,623	8,446	21,200	
Schulman A Inc	COM	808194104	11,176	457,681	SH	 	DFND	2,4	457,681	0	0	
Select Sector Spdr Tr	SBI HEALTHCARE	81369Y209	1,920	26,776	SH	 	DFND	4	26,776	0	0	
Select Sector Spdr Tr	SBI CONS STPLS	81369Y308	7,781	141,090	SH	 	DFND	4	141,090	0	0	
Select Sector Spdr Tr	SBI CONS DISCR	81369Y407	6,720	86,087	SH	 	DFND	4	86,087	0	0	
Select Sector Spdr Tr	SBI INT-FINL	81369Y605	404	17,695	SH	 	DFND	4	17,695	0	0	
Select Sector Spdr Tr	SBI INT-INDS	81369Y704	2,681	47,860	SH	 	DFND	4	47,860	0	0	
Select Sector Spdr Tr	TECHNOLOGY	81369Y803	1,796	41,409	SH	 	DFND	4	41,409	0	0	
Semgroup Corp	COM	81663A105	1,211	37,188	SH	 	DFND	2,4	36,538	0	650	
Sempra Energy	COM	816851109	3,218	28,225	SH	 	DFND	2	27,975	0	250	
Sensient Technologies Corp	COM	81725T100	32,910	463,258	SH	 	DFND	2,4	383,072	9,023	71,163	
Shell Midstream Partners Lp	COM	822634101	55,399	1,639,511	SH	 	DFND	2,4	1,639,511	0	0	
Sherwin Williams Co	COM	824348106	85,135	289,897	SH	 	DFND	2,4	278,167	3,730	8,000	
Simon Ppty Group Inc	COM	828806109	97,557	449,776	SH	 	DFND	2,4	436,676	0	13,100	
Skyworks Solutions Inc	COM	83088M102	594	9,384	SH	 	DFND	2,4	9,384	0	0	
Smith A O	COM	831865209	4,934	56,000	SH	 	DFND	2	50,300	0	5,700	
Smucker J M Co	COM	832696405	69,648	456,978	SH	 	DFND	2,4	402,961	6,453	47,564	
Sonic Corp	COM	835451105	11,786	435,720	SH	 	DFND	2,4	435,720	0	0	
South St Corp	COM	840441109	1,046	15,367	SH	 	DFND	2	15,367	0	0	
Southern Co	COM	842587107	12	220	SH	 	DFND	2	220	0	0	
Sovran Self Storage Inc	COM	84610H108	1,021	9,730	SH	 	DFND	2,4	9,730	00	0	
Spdr Gold Trust	GOLD SHS	78463V107	293	2,317	SH	 	DFND	2,4	2,317	0	0	
Spectra Energy Corp	COM	847560109	47,065	1,284,881	SH	 	DFND	2,4	1,284,881	0	0	
Spectra Energy Partners Lp	COM	84756N109	14,349	304,137	SH	 	DFND	2,4	304,137	0	0	
Srcl 5.25 09/18 Pfd	PFD SER	858912207	616	7,400	SH	 	DFND	2	7,400	0	0	
Stag Indl Inc	COM	85254J102	48,995	2,057,737	SH	 	DFND	2,4	1,900,478	0	157,259	
Stanley Black & Decker Inc	COM	854502101	6,237	56,082	SH	 	DFND	2	56,082	0	0	
Starbucks Corp	COM	855244109	1	10	SH	 	DFND	2	0	0	10	
Starwood Hotels&Resorts Wrldwd	COM	85590A401	7	100	SH	 	DFND	2	0	0	100	
Summit Hotel Pptys Inc	COM	866082100	13,394	1,011,618	SH	 	DFND	2,4	1,011,618	0	0	
Summit Midstream Partners Lp	COM	866142102	10,222	447,358	SH	 	DFND	2,4	447,358	0	0	
Sunoco Logistics Partners Lp	COM	86764L108	16,732	581,989	SH	 	DFND	2,4	581,989	0	0	
Svb Finl Group	COM	78486Q101	2,749	28,886	SH	 	DFND	2	28,886	0	0	
Synergy Res Corp	COM	87164P103	10,978	1,648,386	SH	 	DFND	2,4	1,648,386	0	0	
Tanger Factory Outlets	COM	875465106	1,765	43,910	SH	 	DFND	2,4	43,910	0	0	
Targa Res Corp	COM	87612G101	15,936	378,177	SH	 	DFND	2,4	378,177	0	0	
Target Corp	COM	87612E106	40	575	SH	 	DFND	2	575	0	0	
Tc Pipelines Lp	COM	87233Q108	9,985	174,374	SH	 	DFND	2,4	174,374	0	0	
Te Connectivity Ltd Reg Shs	COM	H84989104	4,459	78,085	SH	 	DFND	2	77,895	0	190	
Teleflex Inc	COM	879369106	80,222	452,439	SH	 	DFND	2,4	374,581	8,840	69,018	
Tenaris S A	SPONSORED ADR	88031M109	44,134	1,530,292	SH	 	DFND	2,3	1,263,921	0	266,371	
Terreno Rlty Corp	COM	88146M101	12,739	492,409	SH	 	DFND	2,4	492,409	0	0	
Tesoro Logistics Lp Com Unit L	COM UNIT	88160T107	54,221	1,094,703	SH	 	DFND	2,4	1,094,703	0	0	
Texas Instrs Inc	COM	882508104	92,641	1,478,715	SH	 	DFND	2,4	1,419,766	15,199	43,750	
Textron Inc	COM	883203101	3,740	102,307	SH	 	DFND	2,4	99,385	2,697	225	
Time Inc	COM	887228104	74,352	4,517,134	SH	 	DFND	2,4	3,868,903	97,621	550,610	
Time Warner Inc	COM	887317303	137,782	1,873,568	SH	 	DFND	2,4	1,828,594	16,224	28,750	
Tjx Cos Inc	COM	872540109	12,591	163,033	SH	 	DFND	2,4	162,733	0	300	
Trex Co Inc	COM	89531P105	15,987	355,891	SH	 	DFND	2,4	351,790	4,101	0	
Trueblue Inc	COM	89785X101	28,543	1,508,575	SH	 	DFND	2,4	1,359,678	23,022	125,875	
Twenty First Centy Fox Inc	CL A	90130A101	3,193	118,040	SH	 	DFND	2,4	111,873	6,167	0	
Ubs Group Ag Chf 0.1	COM	H42097107	3,846	298,096	SH	 	DFND	2	298,096	0	0	
Unilever Plc	SPON ADR NEW	904767704	10,731	223,998	SH	 	DFND	4	223,998	0	0	
Union Pac Corp	COM	907818108	93,707	1,074,005	SH	 	DFND	2,4	1,034,695	13,390	25,920	
United Technologies Corp	COM	913017109	73,185	713,653	SH	 	DFND	2,4	686,404	8,749	18,500	
Unitedhealth Group Inc	COM	91324P102	3,528	24,985	SH	 	DFND	2	24,755	0	230	
Us Bancorp Del	COM	902973304	108,654	2,694,126	SH	 	DFND	2,4	2,685,857	8,269	0	
V F Corp	COM	918204108	79,712	1,296,341	SH	 	DFND	2,4	1,245,072	18,969	32,300	
Vale S A	ADR	91912E105	4,667	922,367	SH	 	DFND	2,3	764,595	0	157,772	
Valero Energy Corp	COM	91913Y100	5,995	117,555	SH	 	DFND	4	117,555	0	0	
Valero Energy Partners Lp	COM	91914J102	13,988	297,563	SH	 	DFND	2,4	297,563	0	0	
Vanguard Health Care Etf	ETF	92204A504	142	1,091	SH	 	DFND	4	1,091	0	0	
Vanguard Index Fds Reit Etf	ETF	922908553	77	868	SH	 	DFND	2	473	0	395	
Vanguard Intl Equity Index Fd	ETF	922042858	74	2,096	SH	 	DFND	2	2,096	0	0	
Ventas Inc	COM	92276F100	2,353	32,311	SH	 	DFND	2,4	32,311	00	0	
Verizon Communications Inc	COM	92343V104	102,665	1,838,545	SH	 	DFND	2,3,4	1,771,027	23,108	44,410	
Visa Inc	COM CL A	92826C839	11,317	152,582	SH	 	DFND	4	152,582	0	0	
Vornado Rlty Tr	SH BEN INT	929042109	1,073	10,715	SH	 	DFND	2,4	10,715	0	0	
Vtti Energy Partners Lp Com Un	COM	Y9384M101	8,614	424,295	SH	 	DFND	2,4	424,295	0	0	
Wabtec Corp	COM	929740108	676	9,622	SH	 	DFND	2	9,622	0	0	
Wal-Mart Stores Inc	COM	931142103	1,166	15,970	SH	 	DFND	2,4	15,970	0	0	
Washington Real Estate Invt Tr	COM	939653101	571	18,130	SH	 	DFND	2,4	18,130	0	0	
Wec Energy Group, Inc	COM	92939U106	108,426	1,660,421	SH	 	DFND	2,4	1,517,680	18,531	124,210	
Weingarten Rlty Invs	SH BEN INT	948741103	228	5,586	SH	 	DFND	4	5,586	0	0	
Wells Fargo & Co	COM	949746101	197,750	4,178,101	SH	 	DFND	2,4	4,052,607	42,754	82,740	
Western Alliance Bancorp	COM	957638109	63,854	1,955,702	SH	 	DFND	2,4	1,631,697	24,712	299,293	
Western Gas Partners Lp Com Un	LP COM UNIT	958254104	51,740	1,026,581	SH	 	DFND	2,4	1,026,581	0	0	
Westrock Co	COM	96145D105	12,927	332,575	SH	 	DFND	2,4	263,355	2,743	66,477	
Williams Partners L P	LP UNIT	96949L105	17,253	498,074	SH	 	DFND	2,4	498,074	0	0	
Williams Sonoma Inc	COM	969904101	380	7,295	SH	 	DFND	4	7,295	0	0	
Wintrust Finl Corp	COM	97650W108	75,051	1,471,590	SH	 	DFND	2,4	1,255,433	26,525	189,632	
Woodward Inc	COM	980745103	37,265	646,512	SH	 	DFND	2,4	532,850	12,270	101,392	
World Pt Terms Lp Unit Rep Ltd	LP UNIT REP	98159G107	6,799	430,328	SH	 	DFND	2	430,328	0	0	
Xl Group Plc	COM	G98290102	31,455	944,301	SH	 	DFND	2,4	772,360	19,891	152,050	
Zions Bancorporation	COM	989701107	45,794	1,822,287	SH	 	DFND	2,4	1,496,820	36,717	288,750