State Bank and Trust as of Dec. 31, 2011

                3/20/2012

                            TITLE OF     VALUE        SHARES/   INVSTMT OTHER VOTING AUTHORITY
       NAME OF ISSUER       CLASSCUSIP   (x$1000)     PRN AMT   DSCRETNMANAGER SOLE SHARE NONE
{S}                         {C}  {C}




88579Y101	3M CO USD 0.01	COM	2513	81.73	"30,742.00"	SH	SOLE	0	26832	3910
375204	ABB LTD ADR EACH REPR 1 ORD CHF2	COM	564	18.83	"29,927.00"	SH	SOLE	1	29927	0
2824100	ABBOTT LABS NPV	COM	3677	56.23	"65,394.00"	SH	SOLE	2	56599	8795
H0023R105	ACE LTD CHF 30.57	COM	806	70.12	"11,495.00"	SH	SOLE	3	765	10730
00130H105	AES CORP USD 0.01	COM	2906	11.84	"245,435.00"	SH	SOLE	4	232700	12735
00971T101	AKAMAI TECHNOLOGIES INC USD 0.01	COM	1835	32.28	"56,860.00"	SH	SOLE	5	56660	200
01881G106	ALLIANCEBERNSTEIN HLDG L P NPV	COM	575	13.08	"43,980.00"	SH	SOLE	6	43855	125
18802108	ALLIANT ENERGY CORP USD 0.01	COM	573	44.11	"13,000.00"	SH	SOLE	7	12960	40
20002101	ALLSTATE CORP USD 0.01	COM	2183	27.41	"79,627.00"	SH	SOLE	8	79367	260
02076X102	ALPHA NATU COM USD0.01	COM	809	20.43	"39,620.00"	SH	SOLE	9	39480	140
25537101	AMER ELEC COM USD6.50	COM	878	41.31	"21,255.00"	SH	SOLE	10	17420	3835
23608102	AMEREN CORP USD 0.01	COM	722	33.13	"21,805.00"	SH	SOLE	11	21745	60
02503X105	AMERICAN CAP AGY CORP USD 0.01	COM	924	28.08	"32,890.00"	SH	SOLE	12	32830	60
02906T107	AMERICAN PWR CORP USD 0.001	COM	3	0.125	"20,000.00"	SH	SOLE	13	20000	0
30111108	AMERICAN SUPERCONDUCTOR CO USD 0.01	COM	50	3.69	"13,450.00"	SH	SOLE	14	760	12690
31162100	AMGEN INC USD 0.0001	COM	271	64.21	"4,221.00"	SH	SOLE	15	303	3918
32654105	ANALOG DEVICES INC USD 0.167	COM	2712	35.78	"75,790.00"	SH	SOLE	16	75520	270
35710409	ANNALY CAP COM USD0.01	COM	2225	15.96	"139,385.00"	SH	SOLE	17	137470	1915
37833100	APPLE INC NPV	COM	232	405	574	SH	SOLE	18	239	335
38222105	APPLIED MATLS INC USD 0.01	COM	2282	10.71	"213,053.00"	SH	SOLE	19	211943	1110
39483102	ARCHER DANIELS MIDLAND CO L NPV	COM	2200	28.6	"76,910.00"	SH	SOLE	20	76635	275
G0457F107	ARCOS DORADOS HOLDINGS INC NPV	COM	396	20.53	"19,290.00"	SH	SOLE	21	2875	16415
04010L103	ARES CAP CORP USD 0.001	COM	682	15.45	"44,160.00"	SH	SOLE	22	44035	125
42068106	ARM HLDGS PLC NPV ADR	COM	372	27.67	"13,450.00"	SH	SOLE	23	1820	11630
00206R102	AT+T INC USD 1.0	COM	4151	30.24	"137,278.00"	SH	SOLE	24	124609	12669
49560105	ATMOS ENERGY CORP NPV	COM	547	33.35	"16,416.00"	SH	SOLE	25	16376	40
05329W102	AUTONATION INC USD 0.01	COM	1029	36.87	"27,900.00"	SH	SOLE	26	27900	0
54303102	AVON PRODU COM USD0.25	COM	1811	17.47	"103,635.00"	SH	SOLE	27	103295	340
56752108	BAIDU INC NPV ADR	COM	455	116.47	"3,909.00"	SH	SOLE	28	336	3573
57224107	BAKER HUGHES INC USD 1.0	COM	1842	48.64	"37,865.00"	SH	SOLE	29	37730	135
05965X109	BANCO SANTANDER CHILE NEW NPV ADR	COM	763	75.7	"10,075.00"	SH	SOLE	30	10045	30
64149107	BANK OF NOVA SCOTIA CAD NPV	COM	1585	50.83	"31,191.00"	SH	SOLE	31	10166	21025
67383109	BARD C R INC USD 0.25	COM	1112	85.5	"13,009.00"	SH	SOLE	32	12969	40
71813109	BAXTER INTL INC USD 1.0	COM	1351	49.48	"27,302.00"	SH	SOLE	33	21575	5727
05534B760	BCE INC NPV	COM	1914	42.47	"45,060.00"	SH	SOLE	34	45060	0
60505104	BK OF AMER COM USD0.01	COM	100	5.56	"17,975.00"	SH	SOLE	35	7332	10643
101119105	BOSTON PRIVATE FINL HLDGS I USD 1.0	COM	138	7.94	"17,402.00"	SH	SOLE	36	986	16416
55630107	BP PRUDHOE BAY RTY TR NPV	COM	602	113.96	"5,280.00"	SH	SOLE	37	5265	15
110122108	BRISTOL MYERS SQUIBB CO USD 0.1	COM	732	35.24	"20,760.00"	SH	SOLE	38	17660	3100
56032105	BTU INTL INC USD 0.01	COM	27	2.6	"10,205.00"	SH	SOLE	39	9270	935
127097103	CABOT OIL + GAS CORP USD 0.1	COM	837	75.9	"11,025.00"	SH	SOLE	40	0	11025
127150308	CACHE INC USD 0.01	COM	98	6.19	"15,830.00"	SH	SOLE	41	890	14940
13321L108	CAMECO CORP NPV	COM	910	18.41	"49,440.00"	SH	SOLE	42	49260	180
136069101	CANADIAN IMPERIAL BK COMM TORON NPV	COM	531	73.79	"7,200.00"	SH	SOLE	43	7180	20
136375102	CANADIAN NATL RY CO NPV	COM	1961	80.15	"24,463.00"	SH	SOLE	44	783	23680
14057J101	CAPITOL FED FINL INC USD 0.01	COM	2107	11.54	"182,568.00"	SH	SOLE	45	181913	655
141619106	CARDIOVASCULAR SYS INC DEL NPV	COM	101	9.85	"10,280.00"	SH	SOLE	46	580	9700
149123101	CATERPILLAR INC USD 1.0	COM	301	90.6	"3,325.00"	SH	SOLE	47	650	2675
15189T107	CENTERPOINT ENERGY INC USD 0.01	COM	561	20.09	"27,910.00"	SH	SOLE	48	27835	75
166764100	CHEVRONTEXACO CORP USD 0.75	COM	4665	106.4	"43,843.00"	SH	SOLE	49	26881	16962
16941M109	CHINA MOBI SPON ADR REP 5 ORD HKD0.	COM	543	48.49	"11,190.00"	SH	SOLE	50	11165	25
12542R209	CHS INC 8.0 CUM PFD	COM	204	29.5	"6,900.00"	SH	SOLE	51	0	6900
171340102	CHURCH + DWIGHT INC USD 1.0	COM	1296	45.76	"28,327.00"	SH	SOLE	52	27217	1110
17275R102	CISCO SYS INC USD 0.001	COM	2567	18.08	"141,967.00"	SH	SOLE	53	119518	22449
172967424	CITIGROUP INC USD 0.01	COM	479	26.31	"18,208.00"	SH	SOLE	54	6393	11815
18683K101	CLIFFS NAT RES INC USD 0.125	COM	692	62.35	"11,098.00"	SH	SOLE	55	98	11000
12571Q106	CMC METALS COM NPV	COM	4	0.165	"22,000.00"	SH	SOLE	56	0	22000
191241108	COCA-COLA ADS REP 10 COM'L'NPV	COM	262	95.21	"2,750.00"	SH	SOLE	57	535	2215
191216100	COCA-COLA COM USD0.25	COM	1678	69.97	"23,984.00"	SH	SOLE	58	23429	555
19122T109	COCA-COLA ENTERPRISES INC N USD 1.0	COM	387	25.78	"15,005.00"	SH	SOLE	59	1600	13405
194162103	COLGATE PALMOLIVE CO USD 1.0	COM	294	92.39	"3,179.00"	SH	SOLE	60	625	2554
20030N101	COMCAST CORP NEW USD 1.0	COM	1762	23.71	"74,330.00"	SH	SOLE	61	74330	0
204319107	COMPAGNIE FINANCIERE RI CHF 1.0 ADR	COM	397	5.02	"79,095.00"	SH	SOLE	62	5280	73815
20441W203	COMPANHIA DE BEBIDAS DA NPV PRF ADR	COM	289	36.09	"8,000.00"	SH	SOLE	63	1495	6505
20825C104	CONOCOPHIL COM USD0.01	COM	3800	72.87	"52,148.00"	SH	SOLE	64	46474	5674
20854P109	CONSOL ENERGY INC USD 0.01	COM	404	36.7	"11,000.00"	SH	SOLE	65	0	11000
209115104	CONSOLIDATED EDISON INC USD 0.1	COM	215	62.03	"3,465.00"	SH	SOLE	66	875	2590
N22717107	CORE LABORATORIES NV EUR 0.02	COM	628	113.95	"5,509.00"	SH	SOLE	67	782	4727
229899109	CULLEN / FROST BANKERS INC USD 0.01	COM	548	52.91	"10,360.00"	SH	SOLE	68	10335	25
126650100	CVS CAREMARK CORP USD 0.01	COM	256	40.78	"6,285.00"	SH	SOLE	69	590	5695
23282W100	CYTOKINETICS INC USD 0.001	COM	28	0.96	"29,365.00"	SH	SOLE	70	1645	27720
237194105	DARDEN RESTAURANTS INC NPV	COM	2489	45.58	"54,610.00"	SH	SOLE	71	54410	200
244199105	DEERE + CO USD 1.0	COM	1088	77.35	"14,066.00"	SH	SOLE	72	13971	95
24702R101	DELL INC USD 0.01	COM	256	14.63	"17,510.00"	SH	SOLE	73	1085	16425
25746U109	DOMINION RES INC VA NEW NPV	COM	616	53.08	"11,600.00"	SH	SOLE	74	11575	25
257867101	DONNELLEY R R + SONS CO USD 1.25	COM	772	14.43	"53,500.00"	SH	SOLE	75	53345	155
260543103	DOW CHEM CO USD 2.5	COM	1265	28.76	"43,972.00"	SH	SOLE	76	1022	42950
233331107	DTE ENERGY CO NPV	COM	576	54.45	"10,580.00"	SH	SOLE	77	10555	25
263534109	DU PONT DE COM USD0.30	COM	3148	45.78	"68,769.00"	SH	SOLE	78	43364	25405
26441C105	DUKE ENERGY CORP NEW USD 0.001	COM	773	22	"35,139.00"	SH	SOLE	79	35044	95
266605104	DURECT CORP USD 0.0001	COM	74	1.18	"62,520.00"	SH	SOLE	80	3520	59000
278058102	EATON CORP COM USD0.50	COM	1140	43.53	"26,200.00"	SH	SOLE	81	0	26200
278279104	EATON VANC COM USD0.01	COM	858	14.23	"60,330.00"	SH	SOLE	82	60330	0
278865100	ECOLAB INC USD 1.0	COM	445	57.81	"7,693.00"	SH	SOLE	83	1523	6170
268648102	EMC CORP(M COM USD0.01	COM	1476	21.54	"68,534.00"	SH	SOLE	84	67094	1440
291011104	EMERSON ELEC CO USD 0.5	COM	3063	46.59	"65,749.00"	SH	SOLE	85	41709	24040
292756202	ENERGYSOLUTIONS INC USD 0.01	COM	56	3.09	"18,260.00"	SH	SOLE	86	1030	17230
29406Q101	ENVIRONMENTAL ENERGY SVCS USD 0.001	COM	0	0.0004	"25,000.00"	SH	SOLE	87	0	25000
26884L109	EQT CORP NPV	COM	1019	54.79	"18,600.00"	SH	SOLE	88	0	18600
302182100	EXPRESS SC COM USD0.01	COM	1485	44.69	"33,240.00"	SH	SOLE	89	33125	115
30231G102	EXXON MOBIL CORP NPV	COM	4533	84.76	"53,480.00"	SH	SOLE	90	49895	3585
307305102	FANUC CORP	COM	351	25.3	"13,856.00"	SH	SOLE	91	2055	11801
31428X106	FEDEX CORP USD 0.1	COM	239	83.51	"2,860.00"	SH	SOLE	92	585	2275
337738108	FISERV INC USD 0.01	COM	366	58.74	"6,225.00"	SH	SOLE	93	390	5835
338494107	FLANDERS CORP USD 0.001	COM	44	3.05	"14,420.00"	SH	SOLE	94	805	13615
345370860	FORD MTR CO DEL USD 0.01	COM	159	10.76	"14,803.00"	SH	SOLE	95	10398	4405
35671D857	FREEPORT-MCMORAN COPPER + G USD 0.1	COM	916	36.79	"24,904.00"	SH	SOLE	96	24624	280
369622477	GENERAL ELEC CAP C 6.45 CNV CUM PFD	COM	739	25.9	"28,536.00"	SH	SOLE	97	28536	0
369622527	GENERAL ELEC CAP CORP 6.625 CUM PFD	COM	1806	26.34	"68,550.00"	SH	SOLE	98	68385	165
369604103	GENERAL ELEC CO USD 0.06	COM	5293	17.91	"295,546.00"	SH	SOLE	99	219349	76197
G3921A100	GLOBAL CROSSING LTD USD 0.01	COM	0	0	"16,150.00"	SH	SOLE	100	1150	15000
380956409	GOLDCORP INC NEW NPV	COM	1040	45.21	"23,000.00"	SH	SOLE	101	0	23000
381454107	GOLDSANDS DEV CO USD 0.001	COM	0	0.0295	"10,000.00"	SH	SOLE	102	10000	0
38259P508	GOOGLE INC COM USD0.001 CL'A'	COM	2483	645.9	"3,845.00"	SH	SOLE	103	3404	441
41902R103	HATTERAS F COM STK USD0.001	COM	2064	26.37	"78,280.00"	SH	SOLE	104	78025	255
419870100	HAWAIIAN ELEC INDS INC NPV	COM	2419	26.48	"91,355.00"	SH	SOLE	105	91035	320
421906108	HEALTHCARE SVCS GROUP INC USD 0.01	COM	2327	17.69	"131,515.00"	SH	SOLE	106	131070	445
428236103	HEWLETT PACKARD CO USD 0.01	COM	1494	25.76	"57,983.00"	SH	SOLE	107	54713	3270
437076102	HOME DEPOT INC USD 0.05	COM	1412	42.04	"33,580.00"	SH	SOLE	108	33475	105
438516106	HONEYWELL COM USD1	COM	1212	54.35	"22,292.00"	SH	SOLE	109	22292	0
404280406	HSBC HLDGS PLC USD 0.5 ADR	COM	610	38.1	"16,018.00"	SH	SOLE	110	15973	45
443683107	HUDSON CITY BANCORP INC USD 0.01	COM	631	6.25	"100,915.00"	SH	SOLE	111	100620	295
446150104	HUNTINGTON BANCSHARES INC USD 0.01	COM	132	5.49	"23,995.00"	SH	SOLE	112	1470	22525
45129P105	IDAHO INDPT BK COEUR DALENE USD 5.0	COM	113	2.97	"38,095.00"	SH	SOLE	113	0	38095
452308109	ILLINOIS TOOL WKS INC USD 0.01	COM	277	46.71	"5,920.00"	SH	SOLE	114	645	5275
456788108	INFOSYS LTD INR 5.0 ADR	COM	310	51.38	"6,035.00"	SH	SOLE	115	825	5210
45822P105	INTEGRYS ENERGY GROUP INC USD 1.0	COM	701	54.18	"12,945.00"	SH	SOLE	116	12905	40
458140100	INTEL CORP USD 0.001	COM	4291	24.25	"176,945.00"	SH	SOLE	117	160410	16535
46069S109	INTERSIL CORP USD 0.01	COM	2450	10.44	"234,680.00"	SH	SOLE	118	233815	865
459200101	INTL BUSINESS MACHINES CORP 0.20	COM	1292	183.88	"7,027.00"	SH	SOLE	119	507	6520
461730103	INVESTORS SBI NPV	COM	119	7.295	"16,330.00"	SH	SOLE	120	16330	0
464287226	ISHARES BARCLAYS AGGREGATE	COM	1023	110.25	"9,275.00"	SH	SOLE	121	9275	0
46428R107	ISHARES S+ UNITS OF BENEF INTEREST	COM	1562	32.98	"47,351.00"	SH	SOLE	122	47351	0
464288687	ISHARES S+P US PREFERRED STOCK I	COM	3673	35.62	"103,115.00"	SH	SOLE	123	102910	205
464287168	ISHARES TR DOW JONES SELECT DIVI ID	COM	846	53.77	"15,725.00"	SH	SOLE	124	15725	0
464287739	ISHARES TR DOW JONES US REAL EST ID	COM	2428	56.81	"42,735.00"	SH	SOLE	125	42615	120
464288513	ISHARES TR FUNDS HYG	COM	1600	89.43	"17,886.00"	SH	SOLE	126	17886	0
464288281	ISHARES TR ISHARES JP MORGAN USD EM	COM	844	109.75	"7,690.00"	SH	SOLE	127	7690	0
464287465	ISHARES TR MSCI EAFE INDEX FUND	COM	2343	49.53	"47,309.00"	SH	SOLE	128	46894	415
464287648	ISHARES TR RUSSELL 2000 GROWTH IDX	COM	6994	84.23	"83,029.00"	SH	SOLE	129	82744	285
466313103	JABIL CIRCUIT INC USD 0.001	COM	1908	19.66	"97,035.00"	SH	SOLE	130	96680	355
466367109	JACK IN TH COM STK USD0.01	COM	1574	20.9	"75,295.00"	SH	SOLE	131	75025	270
478160104	JOHNSON + JOHNSON USD 1.0	COM	1529	65.58	"23,313.00"	SH	SOLE	132	2338	20975
478366107	JOHNSON CTLS INC USD 0.01388	COM	241	31.26	"7,705.00"	SH	SOLE	133	480	7225
480838101	JOS A BANK CLOTHIERS INC USD 0.01	COM	211	48.76	"4,330.00"	SH	SOLE	134	247	4083
46625H100	JPMORGAN CHASE + CO USD 1.0	COM	1485	33.25	"44,667.00"	SH	SOLE	135	33485	11182
493267108	KEYCORP NEW USD 1.0	COM	150	7.69	"19,545.00"	SH	SOLE	136	1280	18265
494368103	KIMBERLY CLARK CORP USD 1.25	COM	1861	73.56	"25,300.00"	SH	SOLE	137	25205	95
49456B101	KINDER MORGAN INC DEL USD 0.01	COM	1403	32.17	"43,600.00"	SH	SOLE	138	0	43600
496902404	KINROSS GOLD CORP CAD NPV	COM	813	11.63	"69,935.00"	SH	SOLE	139	69685	250
50015Q100	KODIAK OIL + GAS CORP NPV	COM	100	9.5	"10,480.00"	SH	SOLE	140	6065	4415
500255104	KOHLS CORP USD 0.01	COM	1859	49.35	"37,672.00"	SH	SOLE	141	35280	2392
502117203	L OREAL CO EUR 0.2 ADR	COM	725	20.83	"34,795.00"	SH	SOLE	143	2645	32150
502424104	L-3 COMMUNICATIONS CORP. USD 0.01	COM	1034	66.68	"15,510.00"	SH	SOLE	144	15455	55
G54050102	LAZARD LTD USD 0.01	COM	348	26.11	"13,335.00"	SH	SOLE	145	890	12445
524660107	LEGGETT + PLATT INC USD 0.01	COM	651	23.04	"28,260.00"	SH	SOLE	146	28165	95
501897102	LI + FUNG LTD HKD 0.025 ADR	COM	745	3.67	"203,106.00"	SH	SOLE	147	23585	179521
532457108	LILLY ELI + CO NPV	COM	921	41.56	"22,160.00"	SH	SOLE	148	17960	4200
53261M104	LIMELIGHT COM STK USD0.001	COM	74	2.96	"25,125.00"	SH	SOLE	149	1420	23705
535678106	LINEAR TECHNOLOGY CORP USD 0.001	COM	223	30.03	"7,435.00"	SH	SOLE	150	465	6970
539439109	LLOYDS BANKING GROUP PLC	COM	35	1.57	"22,000.00"	SH	SOLE	151	0	22000
539830109	LOCKHEED MARTIN CORP USD 1.0	COM	1647	80.9	"20,355.00"	SH	SOLE	152	20282	73
548661107	LOWES COS INC USD 0.5	COM	1894	25.38	"74,641.00"	SH	SOLE	153	74376	265
502161102	LSI CORPOR COM STK USD0.01	COM	105	5.95	"17,580.00"	SH	SOLE	154	1070	16510
502441306	LVMH MOET HENNESSY LOUI EUR 0.3 ADR	COM	362	28.1	"12,869.00"	SH	SOLE	155	1224	11645
56501R106	MANULIFE FINL CORP NPV	COM	273	10.85	"25,200.00"	SH	SOLE	156	25200	0
565849106	MARATHON OIL CORP USD 1.0	COM	717	29.27	"24,485.00"	SH	SOLE	157	380	24105
57060U605	MARKET VEC AGRIBUSINESS ETF	COM	496	47.15	"10,515.00"	SH	SOLE	158	10515	0
57060U837	MARKET VEC COAL INDEX FUND	COM	393	32.25	"12,185.00"	SH	SOLE	159	12185	0
580135101	MCDONALDS CORP USD 0.01	COM	2364	100.33	"23,567.00"	SH	SOLE	160	23492	75
552690109	MDU RES GROUP INC USD 1.0	COM	354	21.46	"16,516.00"	SH	SOLE	161	16516	0
585055106	MEDTRONIC INC USD 0.1	COM	2432	38.25	"63,594.00"	SH	SOLE	162	62556	1038
587200106	MENTOR GRA COM NPV	COM	125	13.56	"9,235.00"	SH	SOLE	163	520	8715
58933Y105	MERCK + CO USD 0.5	COM	2598	37.7	"68,920.00"	SH	SOLE	164	68680	240
589378108	MERCURY CO COM USD0.01	COM	155	13.29	"11,655.00"	SH	SOLE	165	655	11000
591176102	METALICO INC USD 0.001	COM	46	3.29	"14,025.00"	SH	SOLE	166	790	13235
55272X102	MFA FINANC COM STK USD0.01	COM	1959	6.72	"291,570.00"	SH	SOLE	167	290600	970
59479Q100	MICRO COMPONENT TECHNOLOGY USD 0.01	COM	0	0	"10,000.00"	SH	SOLE	168	10000	0
595017104	MICROCHIP TECHNOLOGY INC USD 0.001	COM	717	36.63	"19,577.00"	SH	SOLE	169	19522	55
594918104	MICROSOFT COM USD0.00000625	COM	3574	25.96	"137,683.00"	SH	SOLE	170	115940	21743
60871R209	MOLSON COORS BREWING CO USD 0.01	COM	2177	43.54	"50,005.00"	SH	SOLE	171	49855	150
628530107	MYLAN INC/DE USD 0.5	COM	1628	21.46	"75,865.00"	SH	SOLE	172	75595	270
636180101	NATIONAL FUEL GAS CO N J USD 1.0	COM	1039	55.58	"18,700.00"	SH	SOLE	173	0	18700
63910B102	NAUTILUS I COM NPV	COM	21	1.75	"11,855.00"	SH	SOLE	174	705	11150
641069406	NESTLE S A CHF 1.0 ADR	COM	626	57.71	"10,847.00"	SH	SOLE	175	1723	9124
651639106	NEWMONT MNG CORP USD 1.6	COM	937	60.01	"15,620.00"	SH	SOLE	176	15565	55
651718504	NEWPARK RES INC USD 0.01	COM	120	9.5	"12,615.00"	SH	SOLE	177	705	11910
65339F101	NEXTERA ENERGY INC USD 0.01	COM	1277	60.88	"20,978.00"	SH	SOLE	178	20903	75
662572106	NORTH STAR INTL NPV	COM	0	0	"38,600.00"	SH	SOLE	179	38600	0
670002104	NOVAVAX IN COM USD0.01	COM	30	1.26	"24,150.00"	SH	SOLE	180	1360	22790
670100205	NOVO-NORDISK A S DKK 10.0 ADR	COM	1080	115.26	"9,368.00"	SH	SOLE	181	9338	30
670108109	NOVOZYMES A/S NPV ADR	COM	715	30.9	"23,125.00"	SH	SOLE	182	1525	21600
6.70E+111	NSTAR USD 1.0	COM	558	46.96	"11,885.00"	SH	SOLE	183	11885	0
67062N103	NUVEEN QLT COM USD0.01	COM	305	15	"20,300.00"	SH	SOLE	184	20300	0
629491101	NYSE EURON COM STK USD0.01	COM	1963	26.1	"75,224.00"	SH	SOLE	185	74954	270
674599105	OCCIDENTAL PETE CORP USD 0.2	COM	1904	93.7	"20,325.00"	SH	SOLE	186	20250	75
68389X105	ORACLE CORP USD 0.01	COM	2038	25.65	"79,438.00"	SH	SOLE	187	78818	620
704326107	PAYCHEX INC USD 0.01	COM	923	30.11	"30,670.00"	SH	SOLE	188	22885	7785
707887105	PENN WEST PETE LTD NEW NPV	COM	837	20.19	"41,455.00"	SH	SOLE	189	41330	125
712704105	PEOPLES UTD FINL INC USD 0.01	COM	2180	12.85	"169,640.00"	SH	SOLE	190	169055	585
713291102	PEPCO HLDGS INC USD 0.01	COM	839	20.3	"41,310.00"	SH	SOLE	191	41190	120
713448108	PEPSICO INC USD 0.017	COM	511	66.35	"7,706.00"	SH	SOLE	192	2030	5676
71375U101	PERFICIENT INC USD 0.001	COM	102	10.01	"10,160.00"	SH	SOLE	193	575	9585
71654V408	PETROLEO BRASILEIRO SA PETR NPV ADR	COM	886	24.85	"35,656.00"	SH	SOLE	194	34475	1181
717081103	PFIZER INC USD 0.05	COM	3100	21.64	"143,273.00"	SH	SOLE	195	142498	775
718172109	PHILIP MORRIS INTL INC NPV	COM	943	78.48	"12,015.00"	SH	SOLE	196	9480	2535
718252604	PHILIPPINE LONG DISTANC PHP 5.0 ADR	COM	559	57.62	"9,700.00"	SH	SOLE	197	9670	30
723787107	PIONEER NAT RES CO USD 0.01	COM	1786	89.48	"19,960.00"	SH	SOLE	198	19890	70
693475105	PNC FINL SVCS GROUP INC USD 5.0	COM	1171	57.67	"20,306.00"	SH	SOLE	199	16	20290
73755L107	POTASH CORP SASK INC NPV	COM	696	42.11	"16,521.00"	SH	SOLE	200	1611	14910
738865104	POWDER RIV PETE INTL INC USD 0.001	COM	0	0	"15,000.00"	SH	SOLE	201	15000	0
73936B408	POWERSHARE POWERSHARES DB AGRICULTU	COM	494	28.88	"17,095.00"	SH	SOLE	202	17095	0
74005P104	PRAXAIR INC USD 0.01	COM	1670	106.9	"15,620.00"	SH	SOLE	203	220	15400
742718109	PROCTER + COM NPV	COM	2907	66.71	"43,574.00"	SH	SOLE	204	37474	6100
74347R248	PROSHARES PSHS CREDIT SUISSE 130	COM	842	56.77	"14,825.00"	SH	SOLE	205	14825	0
744573106	PUBLIC SVC ENTERPRISE GROUP INC NPV	COM	538	33.01	"16,300.00"	SH	SOLE	206	16255	45
74733V100	QEP RES INC USD 0.01	COM	843	29.3	"28,770.00"	SH	SOLE	207	0	28770
747525103	QUALCOMM INC USD 0.0001	COM	2972	54.7	"54,340.00"	SH	SOLE	208	54010	330
748356102	QUESTAR CORP NPV	COM	1112	19.86	"56,000.00"	SH	SOLE	209	0	56000
74838C106	QUIKSILVER INC USD 0.01	COM	40	3.61	"11,150.00"	SH	SOLE	210	630	10520
75281A109	RANGE RES CORP USD 0.01	COM	1053	61.94	"17,000.00"	SH	SOLE	211	0	17000
755111507	RAYTHEON CO USD 0.01	COM	2404	48.38	"49,680.00"	SH	SOLE	212	48020	1660
761565100	REX ENERGY CORP USD 0.001	COM	153	14.76	"10,360.00"	SH	SOLE	213	585	9775
761713106	REYNOLDS AMERN INC USD 0.0001	COM	724	41.42	"17,485.00"	SH	SOLE	214	17430	55
771195104	ROCHE HLDG LTD CHF 1.0 ADR	COM	379	42.55	"8,900.00"	SH	SOLE	215	560	8340
780259206	ROYAL DUTCH SHELL PLC EUR 0.07 ADR	COM	744	73.09	"10,175.00"	SH	SOLE	216	10145	30
786514208	SAFEWAY INC USD 0.01	COM	213	21.04	"10,100.00"	SH	SOLE	217	635	9465
80007P307	SANDRIDGE ENERGY INC USD 0.001	COM	107	8.16	"13,117.00"	SH	SOLE	218	740	12377
80589M102	SCANA CORP NEW NPV	COM	725	45.06	"16,085.00"	SH	SOLE	219	16035	50
806857108	SCHLUMBERG COM USD0.01	COM	1260	68.31	"18,444.00"	SH	SOLE	220	543	17901
818800104	SGS SA CHF 1.0 ADR	COM	746	16.57	"45,010.00"	SH	SOLE	223	3000	42010
82028K200	SHAW COMMUNICATIONS INC NPV	COM	1901	20.25	"93,870.00"	SH	SOLE	224	93565	305
835495102	SONOCO PRO COM NPV	COM	680	32.96	"20,630.00"	SH	SOLE	225	20565	65
835916107	SONUS NETWORKS INC USD 0.001	COM	57	2.4	"23,685.00"	SH	SOLE	226	1335	22350
842587107	SOUTHERN CO USD 5.0	COM	995	46.29	"21,505.00"	SH	SOLE	227	19125	2380
84265V105	SOUTHERN COPPER CORP DEL USD 0.01	COM	3389	30.18	"112,295.00"	SH	SOLE	228	111910	385
78463V107	SPDR GOLD GOLD SHARES NPV	COM	1035	165.99	"6,235.00"	SH	SOLE	229	6235	0
78463X863	SPDR INDEX SPDR DJ INTL REIT ETF	COM	486	31.83	"15,271.00"	SH	SOLE	230	15271	0
78462F103	SPDR S+P 500 ETF TRUST	COM	1533	125.5	"12,215.00"	SH	SOLE	231	12215	0
847560109	SPECTRA ENERGY CORP USD 0.001	COM	1302	30.75	"42,327.00"	SH	SOLE	232	827	41500
855030102	STAPLES INC USD 0.0006	COM	169	13.89	"12,150.00"	SH	SOLE	233	760	11390
855244109	STARBUCKS COM USD0.001	COM	630	46.01	"13,695.00"	SH	SOLE	234	1022	12673
85571B105	STARWOOD P COM USD0.01	COM	662	18.51	"35,750.00"	SH	SOLE	235	35645	105
86074Q102	STILLWATER COM USD0.01	COM	963	10.46	"92,020.00"	SH	SOLE	236	91710	310
861012102	STMICROELECTRONICS N V EUR 1.04 ADR	COM	572	5.93	"96,460.00"	SH	SOLE	237	96185	275
862700101	STRATEGIC COM USD0.01	COM	23	1.84	"12,360.00"	SH	SOLE	238	735	11625
863667101	STRYKER CORP USD 0.1	COM	1662	49.71	"33,440.00"	SH	SOLE	239	33320	120
866796105	SUN LIFE FINL SVCS CDA INC NPV	COM	552	18.9	"29,215.00"	SH	SOLE	240	29140	75
867224107	SUNCOR ENERGY INC NEW NPV	COM	1552	29.38	"52,836.00"	SH	SOLE	241	48009	4827
8676EP108	SUNOPTA INC NPV	COM	119	5.05	"23,520.00"	SH	SOLE	242	1400	22120
871503108	SYMANTEC CORP USD 0.01	COM	1488	15.65	"95,065.00"	SH	SOLE	243	94720	345
871655106	SYPRIS SOLUTIONS INC USD 0.01	COM	53	3.97	"13,265.00"	SH	SOLE	244	745	12520
871829107	SYSCO CORP USD 1.0	COM	1553	29.33	"52,940.00"	SH	SOLE	245	52745	195
874039100	TAIWAN SEMICONDUCTOR M TWD 10.0 ADR	COM	487	12.91	"37,758.00"	SH	SOLE	246	5663	32095
8.76E+110	TARGET CORP USD 0.0833	COM	3942	51.22	"76,969.00"	SH	SOLE	247	71299	5670
876511106	TASEKO MINES LTD NPV	COM	37	2.79	"13,225.00"	SH	SOLE	248	13225	0
872375100	TECO ENERGY INC USD 1.0	COM	683	19.14	"35,685.00"	SH	SOLE	249	35580	105
87971M202	TELUS CORP NPV	COM	711	54.64	"13,010.00"	SH	SOLE	250	12970	40
88023U101	TEMPUR-PEDIC INTL INC USD 0.01	COM	283	52.53	"5,385.00"	SH	SOLE	251	300	5085
881624209	TEVA PHARMACEUTICAL IND ILS 0.1 ADR	COM	2331	40.36	"57,763.00"	SH	SOLE	252	56890	873
891160509	TORONTO DOMINION BK ONT NPV	COM	1533	76.29	"20,100.00"	SH	SOLE	253	7080	13020
8.92E+113	TOTAL S A EUR 50.0 ADR	COM	2576	51.11	"50,400.00"	SH	SOLE	254	50220	180
89353D107	TRANSCANADA CORP NPV	COM	668	44.53	"15,000.00"	SH	SOLE	255	0	15000
H8817H100	TRANSOCEAN LTD/SWITZERLAND CHF 15.0	COM	1549	38.39	"40,339.00"	SH	SOLE	256	38199	2140
89674K103	TRIQUINT SEMICONDUCTOR IN USD 0.001	COM	68	4.87	"14,000.00"	SH	SOLE	257	790	13210
91201T102	UNITED STS PARTNERSHIP UNITS	COM	507	48.32	"10,500.00"	SH	SOLE	258	10500	0
913017109	UNITED TECHNOLOGIES CORP USD 1.0	COM	2169	73.09	"29,680.00"	SH	SOLE	259	15380	14300
91324P102	UNITEDHEALTH GROUP INC USD 0.01	COM	467	50.68	"9,207.00"	SH	SOLE	260	667	8540
913456109	UNIVERSAL CORP VA NPV	COM	602	45.96	"13,100.00"	SH	SOLE	261	13060	40
91288V103	UNTD STS 1 UNIT BEN INT	COM	384	43.48	"8,825.00"	SH	SOLE	262	8825	0
902973304	US BANCORP DEL USD 0.01	COM	4344	27.05	"160,601.00"	SH	SOLE	263	120306	40295
91232N108	UTD STS OI UNITS	COM	443	38.11	"11,620.00"	SH	SOLE	264	11620	0
919794107	VALLEY NATL BANCORP NPV	COM	725	12.37	"58,590.00"	SH	SOLE	265	58365	225
922908769	VANGUARD I TOTAL STOCK MARKET ETF	COM	219	64.3	"3,410.00"	SH	SOLE	266	3410	0
922908553	VANGUARD I VANGUARD REIT ETF	COM	1174	58	"20,235.00"	SH	SOLE	267	20235	0
92240G101	VECTREN CO COM NPV	COM	716	30.23	"23,670.00"	SH	SOLE	268	23595	75
92343V104	VERIZON COMMUNICATIONS INC USD 0.1	COM	1109	40.12	"27,635.00"	SH	SOLE	269	24976	2659
928563402	VMWARE INC - CLASS A NPV	COM	285	83.19	"3,427.00"	SH	SOLE	270	211	3216
92857W209	VODAFONE G SP ADR REP 10 USD0.11428	COM	2147	28.03	"76,605.00"	SH	SOLE	271	76330	275
931422109	WALGREEN CO USD 0.078125	COM	1907	33.06	"57,687.00"	SH	SOLE	272	55167	2520
93114W107	WAL-MART DE MEXICO S A DE C NPV ADR	COM	494	27.39	"18,041.00"	SH	SOLE	273	2636	15405
931142103	WAL-MART STORES INC USD 0.1	COM	4831	59.76	"80,841.00"	SH	SOLE	274	75313	5528
94106L109	WASTE MANA COM USD0.01	COM	3207	32.71	"98,058.00"	SH	SOLE	275	97713	345
943315101	WAUSAU PAP COM NPV	COM	91	8.26	"10,980.00"	SH	SOLE	276	620	10360
949746101	WELLS FARGO + CO NEW USD 1.666	COM	3721	27.56	135018	SH	SOLE	277	124889	10129
95709T100	WESTAR ENERGY INC USD 5.0	COM	570	28.78	19795	SH	SOLE	278	19735	60
966837106	WHOLE FOODS MKT INC NPV	COM	467	69.58	6716	SH	SOLE	279	496	6220
969457100	WILLIAMS COS INC USD 1.0	COM	1294	33.02	39200	SH	SOLE	280	200	39000
97381W104	WINDSTREAM CORP USD 0.0001	COM	637	11.74	54300	SH	SOLE	281	54145	155
976657106	WISCONSIN ENERGY CORP USD 0.01	COM	246	34.96	7030	SH	SOLE	282	2770	4260
98157D106	WORLDCOM INC GA NEW USD 0.01	COM	0	0	15617	SH	SOLE	283	15617	0
98212B103	WPX ENERGY INC USD 0.01	COM	237	18.17	13066	SH	SOLE	284	13066	0
98389B100	XCEL ENERGY INC USD 2.5	COM	839	27.64	30367	SH	SOLE	285	30302	65
984245100	YPF SOCIEDAD ANONIMA NPV ADR	COM	672	34.68	19385	SH	SOLE	286	19330	55