2018-05-10T06:49:54-05:00 2017-06-30 132060851 Owen J Flanagan & Co 60 East 42nd Street New York NY 10165 990PF 2016-07-01 866021106 LINCOLN INSTITUTE OF LAND POLICY LINC 6176613016 11010 N TATUM BLVD No D101 Phoenix AZ 85028 GEORGE MC CARTHY PRESIDENT & CEO 6176613016 2018-05-08 1 Kevin Sunkel P00706145 2126822783 2016 2022-09-23 18:48:47Z X 575957081 X 1531011 7551462 7512063 7551462 14139907 99115944 14139907 3683461 489838 0 489838 23712218 21651970 11724761 1380694 554715 554715 825979 4679244 1560 1560 4677684 1858933 125040 125040 1733893 99589 4196 4196 95393 56265 9833 9833 46432 2362344 2357779 2357779 4565 434460 12958 12958 504002 479907 228600 228600 0 609560 76660 76660 524245 21593 36715 487530 1078469 47941 47941 1030528 452002 0 52926 399076 8534734 144391 159391 8375343 22550446 3585266 3668314 18180425 499253 499253 23049699 3585266 3668314 18679678 662519 18066704 8056447 705949 280260 280260 19373352 9652279 9652279 274901273 352088555 352088555 17615007 18093023 18093023 162677495 176811969 176811969 25437427 6418612 15526269 19018815 19018815 10605 12180 12180 490809950 575957081 575957081 15730858 26105785 15730858 26105785 X 475049781 549050774 29311 800522 475079092 549851296 490809950 575957081 475079092 662519 74109685 549851296 0 549851296 PUBLICLY TRADED P 30913191 27417869 3495322 3495322 PUBLICLY TRADED P 64669311 57357220 7312091 7312091 CLASS ACTIONS P 35345 35345 35345 BLACKSTONE ASSET MANAGEMENT P 538590 538590 538590 MORGAN CREEK K-1 P 310478 310478 310478 MORGAN CREEK K-1 P 6568 6568 6568 CARLYLE ENERGY K-1 P 71815 71815 71815 CARLYLE V K-1 P 1723327 1723327 1723327 GRESHAM K-1 P 144041 144041 144041 GRESHAM K-1 P 173059 173059 173059 BH HIGH YIELD K-1 P 8415 8415 8415 BH HIGH YIELD K-1 P 8512 8512 8512 AG SUPER FUND P 419790 419790 419790 ECOSYSTEM PARTNERS P 9952 -9952 -9952 SPHINX ACCESS CLAIM P 93502 190996 -97494 -97494 14139907 3683461 0 18139606 476463888 0.038071 16857152 517558674 0.032571 17226042 496450552 0.034698 14346101 429309121 0.033417 13411119 410368652 0.032681 0.171438 0.034288 510717347 17511476 180667 17692143 22644599 X 180667 0 180667 0 180667 500000 500000 319333 319333 0 0 0 0 0 0 0 0 0 1 1 0 1 1 AZ MA 1 1 0 0 0 1 WWW.LINCOLNINST.EDU Lincoln Institute of Land Policy 6176613016 113 Brattle Street Cambridge MA 021383400 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 KATHRYN J LINCOLN 11010 N TATUM BLVD PHOENIX AZ 85028 CHAIRMAN & CIO/DIRECTOR 37.50 376884 62072 0 GEORGE MC CARTHY 113 BRATTLE STREET CAMBRIDGE MA 02138 CEO AND PRESIDENT/DIRECTOR 37.50 378560 58301 0 DENNIS W ROBINSON 113 BRATTLE STREET CAMBRIDGE MA 02138 TREAS. & VP-FIN. & OPS. 37.50 220000 61603 0 LEVERING F T WHITE 113 BRATTLE STREET CAMBRIDGE MA 02138 AST. SEC. & VP ADMIN & HR 37.50 155000 47364 0 DIONE A ETTER 11010 N TATUM BLVD PHOENIX AZ 85028 SECRETARY 37.50 110000 35985 0 DAVID C LINCOLN 11010 N TATUM BLVD PHOENIX AZ 85028 ASSIST. TREASURER/DIRECTOR 2.00 12500 0 0 CAROLINA BARCO 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR AND PROGRAM ADVISOR 3.00 19750 0 0 ROY W BAHL 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR AND PROGRAM ADVISOR 1.50 9250 0 0 MIMI BROWN 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR 1.50 11250 0 0 JOHN G LINCOLN III 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR 1.00 6000 0 0 RAY LAHOOD 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR 0.00 0 0 0 ANDREA TAYLOR 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR 0.50 2000 0 0 THOMAS BECKER 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR 0.50 2250 0 0 BRUCE LINCOLN 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR 1.00 5500 0 0 BRUCE BABBITT 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR 1.00 5250 0 0 THOMAS NECHYBA 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR AND PROGRAM ADVISOR 2.00 11500 0 0 JOHANNES LINN 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR AND PROGRAM ADVISOR 1.50 9250 0 0 JILL SCHURTZ 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR 1.50 8500 0 0 RAPHAEL BOSTIC 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR 1.00 7250 0 0 ANTHONY COYNE 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR 1.50 9500 0 0 CONSTANCE MITCHELL FORD 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR AND PROGRAM ADVISOR 2.00 12500 0 0 JANE CAMPBELL 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR 1.00 8000 0 0 TIM RENJILIAN 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR 0.50 1000 0 0 SCOTT SMITH 11010 N TATUM BLVD PHOENIX AZ 85028 DIRECTOR 0.50 1000 0 0 JOAN YOUNGMAN 113 BRATTLE STREET CAMBRIDGE MA 02138 SR. FELLOW 37.50 260000 48517 0 ZHI LIU 113 BRATTLE STREET CAMBRIDGE MA 02138 SR. FELLOW 37.50 251333 54502 0 ARMANDO CARBONELL 113 BRATTLE STREET CAMBRIDGE MA 02138 SR. FELLOW 37.50 212000 54270 0 MARTIM SMOLKA 113 BRATTLE STREET CAMBRIDGE MA 02138 SR. FELLOW 37.50 215000 47907 0 LOURDES GERMAN 113 BRATTLE STREET CAMBRIDGE MA 02138 DIRECTOR 37.50 196000 9101 0 33 EAGLE CAPITAL MANAGEMENT 499 PARK AVENUE NEW YORK NY 10222 INVESTMENT ADVICE 534068 MERRILL LYNCH 2555 E CAMELBACK RD PHOENIX AZ 85016 INVESTMENT CONSULTING 416684 THE CARLYLE GROUP 1001 PENNSYLVANIA AVENUE WASHINGTON DC 20004 INVESTMENT ADVICE 361269 SANDS CAPITAL 1101 WILSON BLVD ARLINGTON VA 22209 INVESTMENT ADVICE 287082 GUARDIAN INFORMATION TECH 23 WATER STREET LEOMINSTER PA 01453 IT SUPPORT 212411 10 THE DEPARTMENT OF PLANNING AND URBAN FORM ADDRESSES MAJOR GLOBAL CHALLENGES WITH ITS WORK IN URBAN DEVELOPMENT, LAND CONSERVATION AND THE INTERMOUNTAIN WEST. 3104082 THE DEPARTMENT OF VALUATION AND TAXATION SEEKS TO INFORM PUBLIC DECISION-MAKING ON LAND-RELATED ISSUES THROUGH RESEARCH, TEACHING, AND DATA GATHERING. 2730434 THE LATIN AMERICA PROGRAM FOCUSES ON SEVEN CORE AREAS - VALUE CAPTURE; PROPERTY TAXATION, ASSESSMENTS AND CADASTRES; LARGE-SCALE URBAN REDEVELOPMENT PROJECTS; INFORMALITY, REGULARIZATION, AND LAND MARKETS; ANALYSIS OF URBAN LAND MARKETS; LEGAL DIMENSIONS OF LAND POLICY; AND CLIMATE CHANGE. 2248977 THE CHINA PROGRAM EXPLORES ISSUES AND CHALLENGES RELATING TO LAND AND TAXATION POLICY IN CHINA WITH A FOCUS ON RAPID URBAN DEVELOPMENT. FUNDAMENTAL LAND POLICY AND TAX REFORM. 1828400 0 515819617 2285041 390111 518494769 0 0 518494769 7777422 510717347 25535867 X 18679678 0 3964921 22644599 180667 22463932 2006-11-01 X 8056447 3037717 3795606 7915837 22805607 6847980 2582059 3226265 6728461 19384766 22644599 18198963 16857152 17226042 74926756 0 0 0 0 0 22644599 18198963 16857152 17226042 74926756 0 0 17023911 15882129 17251956 16548352 66706348 0 0 0 0 X Andreina Torres Angarita Edificio Doralata Piso 16 Atpo 174 Torre A Caracas VE none I State Sanctioned Land Seizures & Autoconstruction in Venezuela 10000 Dann Payares Ayola Cra 68 81-73 Barranquilla Atlantico CO none I Barranquilla,Col.:Strategies for Detecting Spatial Determinants 10000 Patricia de Toledo Basile 750 Walker Square Apartment 3D Charlottesville VA 22903 none I Governance from Within in So Paulo's Favelas 10000 Adriano Borges Da Costa 26 Concord Avenue Apt 111 Cambridge MA 02138 none I Do Transportation Investments Create Peripheries in Latin America 10000 Matthew Davis 505 S 23rd Street Apartment 2 Philadelphia PA 19146 none I Incidence Estimates from Variation in State Tax Policies 10000 Li Kerry Fang 9051 Autoville Drive College Park MD 20740 none I An Examination Across Industries and Geographical Scopes 10000 Fundacion Ambiente y Recursos Naturales Tucuman 255 6to A Caba Caba AR NC Urban Resettlement and Environmental Emergencies in Argentina 19240 Fundacin Universidad Torcuato Di Tella Calle Miones 2177 Buenos Aires AR NC Preliminary Analysis of the Incentives from Informal Settlements 11000 Hong Kong Baptist University Room 702 David C Lam Bldg 34 Renfrew Road Kowloon Tong Hong Kong SAR CH NC The Effects of Landholdings on Rural Migrants in Urban China 10000 Alisha C Holland 117 W 17th St Apt 4C New York NY 10011 none I Impacts and Support for Mass Transport Projects in Colombia 19750 Institute of Housing & Urban Development Studies Burgemeester Oudlaan 50 J Bldg PO Box 1935 Rotterdam NL NC Use of Land Value Capture Instruments for Infrastructure Benefits 25708 Rhiannon Jerch 206 N Quarry Street 2 Ithaca NY 14850 none I Clean Water Act on Urban Growth & Local Finance 10000 Zachary Beaird Lamb 119 Lowell Street 3 Somerville MA 02143 none I TheSpatial Politics of Urban Flood Infrastructure 10000 Sun Kyoung Lee 542 West 112th Street Apartment 10 D New York NY 10025 none I The Rise of the Metropolis: Lessons from New York City 10000 Ronan Lyons 66 North Circular Road Dublin EI none I Implementing Land Value Taxation in Dublin, Ireland 10000 Jorge Mangonnet 506 W 122 Street 55 New York NY 10027 none I The Institutional Foundations of Fiscal Capacity in Argentina 10000 Joao Meyer Avnida Valdemar Ferreira 490 Sao Paulo BR none I Residential Real Estate Market in Paraisopolis 12595 Fernanda Accioly Moreira Rua Aimbere 1485 Apto 14 Suare Sao Paulo BR none I Public Land for Whom? The social function of Unity Land Properties 10000 The Ohio State University 1960 Kenny road Columbus OH 43210 PC Impacts of High-Speed Rail on Urban Transformation in China 11500 Shitong Qiao The Belchers Tower 8 Flat 36/B 89 Pokfulam Road Hong Kong SAR CH none I Transferrable Development Rights in China 10000 Frederico Roman Ramos Al Lorena 494 Apto 113 a Sao Paulo BR none I The Brazilian Housing Programs Effects on Sprawl 27000 Alejandra Reyes Ruiz Del Cueto 4600 Mueller Blvd Austin TX 78723 none I Political Economy of Inaccessibility and Vacancy in Brazil 10000 Edmar Augusto Santos de Araujo Juni Avenida Nossa Senhora de Fatima 50 Apto 711 Rio de Janeiro BR none I Rio de Janeiro:Preserving Architural Heritage vs Dev. Rights Tran 10000 Nikki Johnson Springer 2865 Regal Pine Trail Oviedo FL 32766 none I Planning, Regulations & Responses for Solar Energy Development 10000 Catharina Teixeira Laran Heiras Street No 180 Ohacaras Do Lago Cara Picciba Sao Paulo BR none I ZEIS1 Novo Santo Amaro V Park: Incomplete Zoning in Sao Paulo 10000 Julia Golden Triman 1214 Preston Avenue Charlottesville VA 22903 none I A Planning History of Weeds and Wildlife in Washington, D.C. 10000 UCL Consultants Limited 97 Tottenham Court Road Network Building London UK NC An Analysis of Transmetro and Urban Policies in Colombia 28467 Board of Trustees Univ of Ilinois at Urbana-Champaign 611 Lorado Traft Drive Temple Buell Hall Champaign IL 61820 PC Work on the vulnerability mapper and analyst 15000 Indiana University 1315 East Tenth Street Room 235 Bloomington IN 47405 PC Determinants of Property Value Reappraisals in Latin America 21023 Regents of University of Michigan 2044 Wolverine Tower Ann Arbor MI 48109 PC Tools for Considering Social Equity in Scenario Planning 14000 Northeastern Illinois University 5500 N St Louis Ave Chicago IL 60625 PC Fiscal Zoning, Small Homes & Prop. Tax in Massachusetts & Chicago 10000 University of Texas at Austin 310 Inner Campus Drive Stop B7500 Austin TX 78712 PC Spatial Mismatch and Residential Segregation in Bogota, Colombia 13170 University of Texas at Austin 310 Inner Campus Drive Stop B7500 Austin TX 78712 PC Scenario Tools for Equitable Reinvestment & Affordable Housing 18250 Fabio Scopel Vanin Rua Alfredo Flores 184 Apto 1001 Caixas do Sul BR none I Legal Inststruments: Created Land & Large-Scale Urban Projects 10000 Michael Thomas Wilson 14 Worcester Square Apartment 2 Boston MA 02117 none I How Planners Work Together on Flood Maps for Decision Making 10000 Thomas Woodbury 1229 Colorado Road Lexington KY 40509 none I Three Essays on Local Public Finance 10000 Olga Zapata Calle 9A Sur 82-30 Torre1 Apto 1303 Urbanizoa 5n Aarco Iris Barrio Rode Medellin Antiqua CO none I Tax Protests in Colombia, 2011-2015 12550 Jordana Zola Avenida Angelica 765 Spto 403 Sata Cecilia Sao Paulo BR none I Tiet Floodplain: Project and Reality 10000 Austin Zwick 43 Amroth Avenue Toronto Ontario CA none I Fracking and Urban Revitalization in the American Rust Belt 10000 499253 0 PUBLICATIONS 52926 SONORAN INSTITUTE 4897 EMPLOYEE PARKING 5760 OTHER 1215 COURSE COSTS REIMBURSEMENT 15000 QUALIFYING DISBURSEMENTS REFUNDED 3250 900099 14 7551462 531120 18 14139907 EXCISE TAX REFUND 406790 0 22098159 83048 22181207 1A SALES OF SCHOLARLY PUBLICATIONS IN VARIOUS PROGRAM AREAS 1B CHARGE FOR OCCUPANCY BY NON-PROFIT 1C PARKING PROVIDED FOR EMPLOYEE CONVENIENCE 1D USE OF CLASSROOM SPACE BY CHARITABLE ORGANIZATION ENGAGED IN EDUCATION 1E PROGRAM COSTS REIMBURSED BY OTHER ORGANIZATIONS 1F REFUNDS OF QUALIFYING DISBURSEMENTS 0 0 0 0 0 0 0 0 0 0 X X 1 NATURE CONSERVANCY CANADA 245 EGLINTON AVENUE EAST TORONTO ONTARIO CA 7342 X 2 HIGHSTEAD FOUNDATION PO BOX 1097 REDDING CT 06875 36000 X 3 THE TRANSIT CENTER 1 WHITEHALL STREET NEW YORK NY 10004 30000 X 4 NATIONAL ASSOC OF REGIONAL COUNCILS 660 NORTH CAPITOL STREET NW WASHINGTON DC 20001 99250 X 5 UN-HABITAT PO BOX 30030 NAIROBI KE 60000 X 6 WEEDEN FOUNDATION 35 ADAMS STREET BEDFORD HILLS NY 10507 20000 X 7 MASS AUDUBON 208 SOUTH GREAT ROAD LINCOLN MA 01773 51500 X 8 FRANKLIN COUNTY OH 373 SOUTH HIGH STREET COLUMBUS OH 43215 49800 X 9 KRESGE FOUNDATION 3215 W BIG BEAVER ROAD TROY MI 48084 700000 X 10 ROBERT WOOD JOHNSON FOUNDATION 50 COLLEGE ROAD EAST PRINCETOWN NJ 08540 157119 X 11 VERMONT COMMUNITY FOUNDATION 3 COURT STREET MIDDLEBURY VT 05753 5000 X 12 FORD FOUNDATION 1440 BROADWAY NEW YORK NY 10018 55000 X 13 FINE FUND 625 LIBERTY AVENUE PITTSBURG PA 15222 5000 X 14 MAC ARTHUR FOUNDATION 140 S DEARBORN STREET CHICAGO IL 60603 250000 X AUDIT FEES 56265 9833 9833 46432 LAND AND BUILDINGS, BRATTLE STREET, CAMBRIDGE 10082406 4883319 VAR 0.000000000000 275135 0 0 FURNITURE 90433 90433 VAR 0.000000000000 0 0 0 OFFICE CONDO - 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SHS 6178 JPY PAR ORDINARY 71933 71933 4884 shs JAPAN TOBACCO INC 2914 JPY PAR ORDINARY 171567 171567 7928 shs JOHNSON AND JOHNSON COM 1048795 1048795 37514 shs JPMORGAN CHASE & CO 3428780 3428780 6178 shs JSR CORPORATION 4185 JPY PAR ORDINARY 106504 106504 45811 shs JULIUS BAER GROUP ADR 481703 481703 18421 shs JX HOLDINGS INC JPY PAR ORDINARY 80448 80448 24887 shs KAJIMA CORP 1812 FN JPY PAR ORDINARY 209977 209977 1379 shs KAO CORP 4452 JPY PAR ORDINARY 81886 81886 3725 shs KENNAMETAL INC 139390 139390 16736 shs KEYCORP NEW COM 313633 313633 5032 shs KLEPIERRE ORD EUR 8 EUR PAR ORDINARY 205953 205953 12011 shs KLX INC SHS 600550 600550 10726 shs KNIGHT TRNSPRTN INC 397398 397398 17432 shs KOMATSU NEW NEW SPNSDADR 447131 447131 1920 shs KONE OYJ EUR PAR ORDINARY 97536 97536 10337 shs KONICA MINOLTA INC 50.JPY PAR ORDINARY 85743 85743 7776 shs KONINKLIJKE AHOLD .01 EUR PAR ORDINARY 148466 148466 4100 shs KOPPERS HLDGS INC 148215 148215 1063 shs LAWSON,INC. #2651 JPY PAR ORDINARY 74361 74361 59486 shs LEGAL & GENERAL GROUP FN 2.5GBP PAR ORDINARY 199581 199581 6208 shs LEND LEASE GROUP AUD PAR ORDINARY 79284 79284 71650 shs LENDINGCLUB CORP SHS 394792 394792 15863 shs LIBERTY GLOBAL LILAC C CLASS C 339627 339627 90774 shs LIBERTY GLOBAL PLC CL C 2830333 2830333 1003244 shs LINCOLN ELEC HLDGS INC 92388740 92388740 3174 shs LOCKHEED MARTIN CORP 881134 881134 12687 shs LOWE'S COMPANIES INC 983623 983623 4515 shs M T S SYSTEMS CORP COM 233877 233877 2445 shs MACQUARIE GROUP LTD AUD PAR ORDINARY 165976 165976 22252 shs MARINE HARVEST 2.NOK PAR ORDINARY 379604 379604 62972 shs MARKS & SPENCER NEW ORD .25GBP PAR ORDINARY 272625 272625 29715 shs MARRIOTT INTL INC NEW A 2980712 2980712 12687 shs MARSH & MCLENNAN COS INC 989079 989079 8154 shs MATSON INC COM 244946 244946 63316 shs MAZDA MOTOR CORP SHS 441313 441313 13548 shs MEDTRONIC PLC SHS 1202385 1202385 12738 shs MERCURY SYSTEMS INC 536142 536142 22551 shs MICROSOFT CORP 1554440 1554440 77900 shs MICROSOFT CORP 5369647 5369647 1684 shs MIRACA HOLDINGS INC 50.JPY PAR ORDINARY 75687 75687 78066 shs MIRVAC GROUP FN AUD PAR ORDINARY 127544 127544 21720 shs MITSUBISHI ESTATE ADR 405621 405621 12156 shs MITSUBISHI UFJ FINANCIAL 50000.JPY PAR ORDINARY 81660 81660 1675 shs MIXI INC 2121 JPY PAR ORDINARY 93172 93172 70747 shs MONDELEZ INTERNATIONAL INC 3055563 3055563 6776 shs MONDI PLC, LONDON GBP PAR ORDINARY 177266 177266 20012 shs MONRO MUFFLER BRAKE INC 835501 835501 9033 shs MONSANTO CO NEW DEL COM 1069146 1069146 32100 shs MONSTER BEVERAGE SHS 1594728 1594728 18325 shs MORGAN STANLEY 816562 816562 11374 shs MRC GLOBAL INC 187898 187898 12188 shs MURATA MANUFACTURING CO LTD SHS 463875 463875 6555 shs NATIONAL AUSTRALIA BANK 1.AUD PAR ORDINARY 148779 148779 5062 shs NATIONAL GENERAL HOLDINGS CORP SHS 106808 106808 15116 shs NEOGENOMICS INC 135439 135439 2467 shs NESTE OYJ EUR PAR ORDINARY 97046 97046 3757 shs NESTLE SA CHAM UND VEVE 327386 327386 15725 shs NETFLIX COM INC 2349472 2349472 18508 shs NEW RELIC INC 796029 796029 8970 shs NEXTERA ENERGY INC SHS 1256966 1256966 20755 shs NIC INC 393307 393307 19232 shs NIELSEN HOLDINGS PLC SHS 743509 743509 13007 shs NIPPON TEL & TEL 9432 JPY PAR ORDINARY 505651 505651 40600 shs NOBLE ENERGY INC 1148980 1148980 3242 shs NOMURA REAL ESTATE HOLD JPY PAR ORDINARY 63594 63594 36717 shs NORDEA BANK AB SEK PAR ORDINARY 466658 466658 5038 shs NOVARTIS AG REG CHF0.5 50.CHF PAR ORDINARY 419811 419811 6538 shs NTT DOCOMO INC JPY PAR ORDINARY 154315 154315 126200 shs ORACLE CORP $0.01 DEL 6327668 6327668 27813 shs ORANGE ADR 444452 444452 25158 shs OSAKA GAS 9532 FN JPY PAR ORDINARY 102884 102884 18144 shs OTSUKA HOLDINGS CO LTD SHS ADR 387193 387193 9459 shs PACKAGING CORP AMERICA 1053638 1053638 9225 shs PALO ALTO NETWORKS INC COM 1234397 1234397 40771 shs PANASONIC CORP SHS 555953 555953 1996 shs PATTERSON UTI ENERGY INC 40299 40299 11210 shs PAYLOCITY HLDG CORP 506468 506468 10496 shs PBF ENERGY INC CL A 233641 233641 7995 shs PEBBLEBROOK HOTEL TRUST 257759 257759 32235 shs PEPSICO INC 3722820 3722820 31149 shs PFIZER INC 1046295 1046295 2363 shs PHARMERICA CORP 62029 62029 15836 shs PHILLIPS 66 SHS 1309479 1309479 2583 shs POTLATCH CORP NEW 118043 118043 7121 shs PRAXAIR INC 943889 943889 2119 shs PROVIDENT FINL PLC, BRAD .2 GBP PAR ORDINARY 66968 66968 35473 shs QUOTIENT TECHNOLOGY INC 407940 407940 14463 shs RAYONIER INC REIT 416101 416101 1557 shs RECKITT BENCKISER GROUP GBP PAR ORDINARY 157429 157429 3823 shs RED ELECTRICA CORPORACIO EUR PAR ORDINARY 79772 79772 4450 shs REGENERON PHARMACTCLS 2185573 2185573 14197 shs REPSOL SA 3.EUR PAR ORDINARY 216977 216977 664 shs REPSOL SA EUR PAR ORDINARY 0 0 22591 shs REPSOL SA PARENT ML # 90GE9 10306 10306 3123 shs RIO TINTO PLC GBP PAR ORDINARY 131515 131515 28349 shs RITCHIE BROS AUCTIONEERS 814750 814750 21572 shs ROCHE HLDG LTD SPN ADR 685990 685990 1944 shs ROCHE HOLDINGS GENUSH FN CHF PAR ORDINARY 495718 495718 10278 shs ROY DUT SHELL PLC B LON .07GBP PAR ORDINARY 275356 275356 26878 shs ROYAL DSM N V SPON ADR 489717 489717 12003 shs ROYAL DUTCH SHELL PLC SPONS ADR A 638440 638440 152136 shs ROYAL KPN N V SP ADR 492921 492921 15062 shs ROYAL MAIL PLC SHS .01 GBP PAR ORDINARY 82406 82406 9652 shs RUSH ENTERPRISES IN CL A 358861 358861 2825 shs RYMAN HOSPITALITY PPTYS INC 180828 180828 39525 shs SALESFORCE COM INC 3422865 3422865 14746 shs SALLY BEAUTY HLDGS INC 298607 298607 3121 shs SANOFI 2.EUR PAR ORDINARY 298157 298157 20336 shs SCHLUMBERGER LTD 1338922 1338922 6737 shs SCHRODERS PLC GBP PAR ORDINARY 271631 271631 40150 shs SCHWAB CHARLES CORP NEW 1724844 1724844 1027 shs SECOM CO LTD 9735 JPY PAR ORDINARY 77921 77921 23489 shs SECOM CO LTD ADR 445117 445117 39792 shs SEIKO EPSON CORP UNSP ADR 442487 442487 10109 shs SEKISUI HOUSE LTD 1928 JPY PAR ORDINARY 178095 178095 17225 shs SERVICENOW INC 1825850 1825850 3643 shs SIEMENS AG GERM EUR PAR ORDINARY 501686 501686 4488 shs SILICON LABS INC 306755 306755 1478 shs SIMMONS 1ST NTL A $5 78186 78186 11014 shs SIMPSON MFG DEL PV $0.01 481422 481422 14080 shs SMITH-NPHW PLC SPADR NEW 490688 490688 18019 shs SNAM SPAE EUR1 EUR PAR ORDINARY 78424 78424 42411 shs SNAP INC CL A 753643 753643 591 shs SONOVA HOLDING AG .05CHF PAR ORDINARY 96088 96088 2252 shs SOTHEBY'S (DELAWARE) 120865 120865 24175 shs SPLUNK INC COMMON SHARES 1375316 1375316 11952 shs SPROUTS FARMERS MARKETS INC SHS 270952 270952 41750 shs SPROUTS FARMERS MARKETS INC SHS 946473 946473 9322 shs SSE PLC .5GBP PAR ORDINARY 175941 175941 31059 shs STANDARD LIFE ORD GBP PAR ORDINARY 161013 161013 19025 shs STARBUCKS CORP 1109348 1109348 6060 shs STARWOOD PPTY TR INC COMMON STOCK 135683 135683 5592 shs SUBARU CORP JPY PAR ORDINARY 188425 188425 11688 shs SUMITOMO CORP 8053 FN JPY PAR ORDINARY 152082 152082 10576 shs SUMITOMO HEAVY INDS 6302 JPY PAR ORDINARY 69748 69748 6506 shs SUMITOMO MITSUI FIN 8316 50000.JPY PAR ORDINARY 253559 253559 90081 shs SUMITOMO MITSUI-UNSPONS ADR 708037 708037 4755 shs SUMITOMO RUBBER 5110 JPY PAR ORDINARY 80238 80238 10695 shs SUNCORP GROUP LTD ORDINARY SHARES 121576 121576 6820 shs SWEDBANK AB 20.SEK PAR ORDINARY 166001 166001 2315 shs SWEDISH MATCH 1.2SEK PAR ORDINARY 81434 81434 7113 shs SYKES ENTERPRISES INC 238499 238499 4917 shs SYNTEL INC COM 83392 83392 166628 shs TANDEM DIABETES CARE ORD 133302 133302 12192 shs TATA MOTORS LTD ADR 402458 402458 31846 shs TELENOR ASA ORD 6.NOK PAR ORDINARY 526542 526542 24159 shs TELIA CO AB 3.2SEK PAR ORDINARY 111105 111105 21168 shs TELSTRA COPRORATION LTD AUD PAR ORDINARY 69818 69818 3945 shs TEREX CORP DEL NEW COM 147938 147938 908 shs TESORO CORP 84989 84989 22665 shs TETRA TECHNOLOGIES INC 63235 63235 1710 shs THE PRICELINE GROUP INC 3198589 3198589 10700 shs THERMO FISHER SCIENTIFIC INC 1866829 1866829 34965 shs THERMON GROUP HLDGS INC 670279 670279 2658 shs TOKIO MARINE HOLDINGS IN 100.JPY PAR ORDINARY 110025 110025 704 shs TOKYO ELECTRON 8035 FN JPY PAR ORDINARY 94987 94987 8506 shs TOTAL S.A. SP ADR 421812 421812 4578 shs TRAVIS PERKINS GBP PAR ORDINARY 86523 86523 9052 shs TRI POINTE GROUP INC 119396 119396 2230 shs TUPPERWARE BRANDS CORP 156613 156613 76575 shs TWENTY-FIRST CENTURY FOX INC CLASS B 2164049 2164049 11128 shs UBS GROUP AG NAMEN-AKT. .1 CHF PAR ORDINARY 188710 188710 40916 shs UNDER ARMOUR INC CLASS C 857227 857227 4100 shs UNILEVER PLC .03 GBP PAR ORDINARY 221282 221282 7690 shs UNION PACIFIC CORP 837518 837518 27013 shs UNITEDHEALTH GROUP INC 5008750 5008750 15650 shs UPM-KYMMENE OY CORP FN EUR PAR ORDINARY 445526 445526 13895 shs V F CORPORATION 800352 800352 13158 shs VERIFONE SYSTEMS INC 238160 238160 5389 shs VERINT SYSTEMS INC 219332 219332 50139 shs VICINITY CENTERS AUD PAR ORDINARY 98839 98839 48050 shs VISA INC CL A SHRS 4506129 4506129 5950 shs VITAMIN SHOPPE INC 69317 69317 21150 shs W R BERKLEY CORP 1462945 1462945 10052 shs WADDELL & REED FINL A 189782 189782 6871 shs WAGEWORKS INC 461731 461731 14022 shs WEC ENERGY GROUP INC SHS 860670 860670 66705 shs WELLS FARGO & CO NEW DEL 3696124 3696124 6239 shs WESTPAC BANKING CORP FN AUD PAR ORDINARY 146009 146009 4609 shs WHIRLPOOL CORP 883177 883177 509 shs WHITE MTNS INS GRP LTD 442133 442133 4994 shs WILEY JOHN & SONS CL A 263433 263433 6145 shs WINTRUST FINL CP ILL COM 469724 469724 21383 shs WPX ENERGY INC CLASS A COMMON STOCK 206560 206560 1408 shs WYNDHAM WORLDWIDE CORP W I 141377 141377 17035 shs YAHOO JAPAN CORP 4689 JPY PAR ORDINARY 74138 74138 13952 shs YAMADA DENKI 9831 JPY PAR ORDINARY 69288 69288 137542 shs YANGZIJIANG SHIPBUILDING SGD PAR ORDINARY 118864 118864 17142 shs YUE YUEN INDUSTRIAL(NEW) .25HKD PAR ORDINARY 71146 71146 4893 shs ZEBRA TECHNOLOGIES CRP A 491844 491844 356 shs ZURICH INSURANCE GRP AG 10.CHF PAR ORDINARY 103753 103753 RESIDUAL INVESTMENTS ARDEN SAGE ACCOUNT FMV 128451 128451 ROSE VALUE-ADD OFFICE RETROFIT FUND FMV 1123971 1123971 CARLYLE PARTNERS FMV 1804840 1804840 BLACKSTONE MARKET OPPORTUNITIES OFFSHORE FUND FMV 3445265 3445265 MORGAN CREEK PARTNERS FMV 3614002 3614002 ECO SYSTEM PARTNERS FMV 7588937 7588937 1454475 SHS SPHINX ACCESS LTD CL DH FMV 0 0 NEUBERGER BERMAN EMERGING MARKETS EQUITY FUND FMV 12048880 12048880 MONARCH DEBT RECOVERY FUND LTD FMV 13538748 13538748 BEACH POINT TOTAL RETURN OFFSHORE FUND II LTD FMV 13387986 13387986 NUVEEN GLOBAL EMERGING MARKETS FMV 13535066 13535066 GRESHAM TAP FMV 9549965 9549965 BARROW HANLY BOND FUND FMV 2840008 2840008 SKYBRIDGE FMV 10113502 10113502 BLACKSTONE STRATEGIC OFFSHORE FMV 24930998 24930998 BLACKSTONE CAYMAN FMV 1972261 1972261 CARLYLE ENERGY FMV 3309206 3309206 ABRAAJ GROWTH FMV 4448369 4448369 INVESTEC FMV 2166231 2166231 VANGUARD ST BOND FUND FMV 14911588 14911588 FUNDAMENTAL CREDIT OPPORTUNITIES FMV 11080919 11080919 MARATHON ACCESS FMV 10562616 10562616 MUTUAL FUNDS FOR 457 PLAN FMV 119908 119908 REAL ASSET ETF FMV 4951057 4951057 AG DLI II FMV 794712 794712 INTERNATIONAL HOUSING FMV 1139656 1139656 POWERSHARES FMV 3704827 3704827 LAND AND BUILDINGS, BRATTLE STREET, CAMBRIDGE 10082406 5158454 4923952 FURNITURE 90433 90433 0 OFFICE CONDO - PHOENIX 2119729 504024 1615705 CONDOMINIUM IMPROVEMENTS - PHOENIX 389901 115890 274011 CONDOMINIUM IMPROVEMENTS - PHOENIX 30980 7651 23329 PHILLIPS PLACE, CAMBRIDGE - LAND 2500000 0 2500000 PHILLIPS PLACE, CAMBRIDGE - BUILDINGS 1550255 0 1550255 PHILLIPS PLACE, CAMBRIDGE - IMPROVEMENTS 3160418 435480 2724938 PHILLIPS PLACE, CAMBRIDGE - CAP INT 443002 31995 411007 FURNITURE 160023 49489 110534 BRATTLE STREET CAPITALIZED EXPENSES 4376007 0 4376007 PHOENIX FURNITURE 127587 9113 118474 CONDOMINIUM IMPROVEMENTS - PHOENIX 351301 10768 340533 PHOENIX AV EQUIPMENT 52173 5217 46956 CAPITALIZED INTEREST - PHOENIX 3212 98 3114 LEGAL FEES 99589 4196 4196 95393 HEALTH INSURANCE DEPOSIT 10605 12180 12180 CURRICULUM DEVELOPMENT AND RESEARCH 1411336 0 0 1411336 EVALUATION 106637 0 0 106637 GENERAL OFFICE 196833 10617 10617 186216 BOARD TRAVEL AND MEETING COSTS 293653 74581 74581 219072 INSURANCE 91898 0 0 91898 JOINT/DEMONSTRATION PROJECTS 2786961 0 0 2786961 TEMPORARY SUPPORT STAFF 159614 0 0 159614 PUBLIC AFFAIRS 129342 0 0 129342 INFORMATION TECHNOLOGY 1043566 59193 59193 984373 MULTI-MEDIA 51500 0 0 51500 DISTANCE EDUCATION 488447 0 0 488447 COURSES, CONFERENCES AND MEETINGS 1452692 0 15000 1437692 PROGRAM AWARDS UNDER $10,000 322255 0 0 322255 PUBLICATIONS 52926 52926 SONORAN INSTITUTE 4897 4897 EMPLOYEE PARKING 5760 5760 OTHER 1215 1215 COURSE COSTS REIMBURSEMENT 15000 15000 QUALIFYING DISBURSEMENTS REFUNDED 3250 3250 EXCISE TAX REFUND 406790 406790 CHANGE IN UNREALIZED APPRECIATION FOR YEAR NET OF TAX 74109685 PAYROLL RELATED 36382 40052 REVOLVING LOAN ACCOUNT 14145016 23000810 DEFERRED EXCISE TAX 1549460 3064923 INVESTMENT ADVISORY FEES 1940945 1940945 1940945 0 INVESTMENT CONSULTANT 416834 416834 416834 0 PROGRAM ADMINISTRATION CONSULTING 4565 0 0 4565 FOREIGN TAXES 228600 228600 228600 0 STATE UBIT 1307 0 0 0 FEDERAL UBIT 250000 0 0 0