The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

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

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO. COM 88579Y101 254,916 1,224,440 SH   SOLE   1,224,440 0 0
58.COM INC-ADR(ADR) ADR 31680Q104 16,648 377,422 SH   SOLE   377,422 0 0
ABBOTT LABORATORIES COM 002824100 177,305 3,647,493 SH   SOLE   3,647,493 0 0
ABBVIE INC COM 00287Y109 255,320 3,521,163 SH   SOLE   3,521,163 0 0
ABIOMED INC. COM 003654100 47,275 329,900 SH   SOLE   329,900 0 0
ACCENTURE PLC CL-A COM G1151C101 158,671 1,282,917 SH   SOLE   1,282,917 0 0
ACTIVISION BLIZZARD COM 00507V109 97,002 1,684,934 SH   SOLE   1,684,934 0 0
ACUITY BRANDS INC. COM 00508Y102 17,764 87,386 SH   SOLE   87,386 0 0
ADIENT PLC COM G0084W101 3,337 51,037 SH   SOLE   51,037 0 0
ADOBE SYSTEMS INC. COM 00724F101 145,938 1,031,804 SH   SOLE   1,031,804 0 0
ADVANCE AUTO PARTS COM 00751Y106 17,185 147,395 SH   SOLE   147,395 0 0
ADVANCED MICRO DEVICES COM 007903107 29,500 2,363,776 SH   SOLE   2,363,776 0 0
ADVANCED SEMI (ADR) ADR 00756M404 561 88,845 SH   SOLE   88,845 0 0
AERCAP HOLDINGS NV COM N00985106 14,052 302,650 SH   SOLE   302,650 0 0
AES CORPORATION COM 00130H105 14,904 1,341,515 SH   SOLE   1,341,515 0 0
AETNA INC-NEW COM 00817Y108 123,392 812,696 SH   SOLE   812,696 0 0
AFFILIATED MANAGERS COM 008252108 23,670 142,708 SH   SOLE   142,708 0 0
AFLAC INC. COM 001055102 65,228 839,699 SH   SOLE   839,699 0 0
AGCO CORPORATION COM 001084102 9,254 137,323 SH   SOLE   137,323 0 0
AGILENT TECHNOLOGIES COM 00846U101 40,197 677,742 SH   SOLE   677,742 0 0
AGNC INVESTMENT CORP COM 00123Q104 19,285 905,815 SH   SOLE   905,815 0 0
AIR PRODUCTS & CHEM. COM 009158106 64,367 449,931 SH   SOLE   449,931 0 0
AKAMAI TECHNOLOGIES COM 00971T101 17,218 345,682 SH   SOLE   345,682 0 0
ALBEMARLE CORP COM 012653101 38,332 363,197 SH   SOLE   363,197 0 0
ALCOA CORP COM 013872106 263 8,049 SH   SOLE   8,049 0 0
ALEXANDRIA REAL EST COM 015271109 21,656 179,766 SH   SOLE   179,766 0 0
ALEXION PHARMACEUTIC COM 015351109 55,094 452,817 SH   SOLE   452,817 0 0
ALIBABA GROUP HO(ADR ADR 01609W102 399,949 2,838,528 SH   SOLE   2,838,528 0 0
ALIGN TECHNOLOGY INC COM 016255101 22,787 151,792 SH   SOLE   151,792 0 0
ALKERMES PLC COM G01767105 17,944 309,542 SH   SOLE   309,542 0 0
ALLEGHANY CORP COM 017175100 22,306 37,501 SH   SOLE   37,501 0 0
ALLEGION PLC COM G0176J109 15,559 191,801 SH   SOLE   191,801 0 0
ALLERGAN PLC COM G0177J108 169,349 696,653 SH   SOLE   696,653 0 0
ALLIANCE DATA SYSTEM COM 018581108 25,836 100,650 SH   SOLE   100,650 0 0
ALLIANT ENERGY CORP COM 018802108 18,217 453,496 SH   SOLE   453,496 0 0
ALLSTATE CORP COM 020002101 70,937 802,087 SH   SOLE   802,087 0 0
ALLY FINANCIAL INC COM 02005N100 19,663 940,837 SH   SOLE   940,837 0 0
ALNYLAM PHARMACEUTIC COM 02043Q107 22,577 283,067 SH   SOLE   283,067 0 0
ALPHABET INC/CA-CL A COM 02079K305 611,829 658,107 SH   SOLE   658,107 0 0
ALPHABET INC/CA-CL C COM 02079K107 710,521 781,884 SH   SOLE   781,884 0 0
ALTRIA GROUP INC COM 02209S103 336,332 4,516,340 SH   SOLE   4,516,340 0 0
AMAZON.COM INC. COM 023135106 1,097,818 1,134,110 SH   SOLE   1,134,110 0 0
AMBEV SA-SPN(ADR) ADR 02319V103 337 61,400 SH   SOLE   61,400 0 0
AMERCO INC COM 023586100 5,391 14,728 SH   SOLE   14,728 0 0
AMEREN CORPORATION COM 023608102 27,498 502,990 SH   SOLE   502,990 0 0
AMERICA MOVIL(ADR)-L ADR 02364W105 3,765 236,469 SH   SOLE   236,469 0 0
AMERICAN AIRLINES GR COM 02376R102 14,409 286,351 SH   SOLE   286,351 0 0
AMERICAN ELECTRIC PO COM 025537101 90,394 1,301,192 SH   SOLE   1,301,192 0 0
AMERICAN EXPRESS CO. COM 025816109 163,267 1,938,121 SH   SOLE   1,938,121 0 0
AMERICAN FIN GP/OHIO COM 025932104 15,058 151,535 SH   SOLE   151,535 0 0
AMERICAN INTL GROUP COM 026874784 131,769 2,107,626 SH   SOLE   2,107,626 0 0
AMERICAN STATES WTR COM 029899101 213 4,501 SH   SOLE   4,501 0 0
AMERICAN TOWER CORP COM 03027X100 121,290 916,642 SH   SOLE   916,642 0 0
AMERICAN WATER WORKS COM 030420103 40,093 514,343 SH   SOLE   514,343 0 0
AMERIPRISE FINANCIAL COM 03076C106 40,301 316,606 SH   SOLE   316,606 0 0
AMERISOURCEBERGEN COM 03073E105 32,228 340,926 SH   SOLE   340,926 0 0
AMETEK INC. COM 031100100 28,240 466,233 SH   SOLE   466,233 0 0
AMGEN COM 031162100 262,913 1,526,521 SH   SOLE   1,526,521 0 0
AMPHENOL CORP 'A' COM 032095101 51,604 699,047 SH   SOLE   699,047 0 0
ANADARKO PETROLEUM COM 032511107 50,858 1,121,709 SH   SOLE   1,121,709 0 0
ANALOG DEVICES INC COM 032654105 63,979 822,349 SH   SOLE   822,349 0 0
ANNALY CAPITAL MGMT COM 035710409 33,048 2,742,580 SH   SOLE   2,742,580 0 0
ANSYS INC. COM 03662Q105 25,332 208,185 SH   SOLE   208,185 0 0
ANTERO RESOURCES COR COM 03674X106 8,965 414,847 SH   SOLE   414,847 0 0
ANTHEM INC. COM 036752103 154,416 820,792 SH   SOLE   820,792 0 0
AON PLC COM G0408V102 74,566 560,858 SH   SOLE   560,858 0 0
APACHE CORPORATION COM 037411105 64,136 1,338,126 SH   SOLE   1,338,126 0 0
APPLE INC COM 037833100 1,552,620 10,780,589 SH   SOLE   10,780,589 0 0
APPLIED MATERIALS COM 038222105 95,117 2,302,523 SH   SOLE   2,302,523 0 0
AQUA AMERICA INC. COM 03836W103 703 21,114 SH   SOLE   21,114 0 0
ARAMARK COM 03852U106 23,406 571,159 SH   SOLE   571,159 0 0
ARCH CAPITAL GRP LTD COM G0450A105 34,906 374,170 SH   SOLE   374,170 0 0
ARCHER DANIELS MDLND COM 039483102 48,447 1,170,790 SH   SOLE   1,170,790 0 0
ARCONIC INC COM 03965L100 17,939 792,007 SH   SOLE   792,007 0 0
ARISTA NETWORKS INC COM 040413106 13,887 92,709 SH   SOLE   92,709 0 0
ARROW ELECTRONICS COM 042735100 16,157 206,032 SH   SOLE   206,032 0 0
ASSURANT INC COM 04621X108 16,795 161,970 SH   SOLE   161,970 0 0
AT & T INC. COM 00206R102 517,535 13,716,812 SH   SOLE   13,716,812 0 0
ATHENE HOLDING LTD-A COM G0684D107 13,252 267,122 SH   SOLE   267,122 0 0
ATLASSIAN CORP-CL A COM G06242104 26,953 766,150 SH   SOLE   766,150 0 0
ATMOS ENERGY CORP. COM 049560105 19,102 230,288 SH   SOLE   230,288 0 0
AU OPTRONICS CO(ADR) ADR 002255107 480 105,321 SH   SOLE   105,321 0 0
AUTODESK INC. COM 052769106 40,367 400,388 SH   SOLE   400,388 0 0
AUTOHOME INC-ADR ADR 05278C107 11,886 262,041 SH   SOLE   262,041 0 0
AUTOLIV INC. COM 052800109 19,228 175,122 SH   SOLE   175,122 0 0
AUTOMATIC DATA PROCE COM 053015103 103,545 1,010,587 SH   SOLE   1,010,587 0 0
AUTONATION INC. COM 05329W102 6,059 143,724 SH   SOLE   143,724 0 0
AUTOZONE INC COM 053332102 37,386 65,536 SH   SOLE   65,536 0 0
AVALONBAY COMM. INC. COM 053484101 63,292 329,352 SH   SOLE   329,352 0 0
AVERY-DENNISON CORP COM 053611109 15,994 180,988 SH   SOLE   180,988 0 0
AVNET INC COM 053807103 10,546 271,253 SH   SOLE   271,253 0 0
AVON PRODUCTS COM 054303102 93 24,547 SH   SOLE   24,547 0 0
AXALTA COATING SYSTE COM G0750C108 14,127 440,926 SH   SOLE   440,926 0 0
AXIS CAPITAL HLDGS. COM G0692U109 19,980 309,005 SH   SOLE   309,005 0 0
BAIDU INC.(ADR) ADR 056752108 152,461 852,406 SH   SOLE   852,406 0 0
BAKER HUGHES INC. COM 057224107 44,336 813,348 SH   SOLE   813,348 0 0
BALL CORPORATION COM 058498106 28,359 671,853 SH   SOLE   671,853 0 0
BANCO DE CHILE (ADR) ADR 059520106 1,087 13,943 SH   SOLE   13,943 0 0
BANCO SANT (ADS) ADR 05967A107 678 90,046 SH   SOLE   90,046 0 0
BANCO SANT.CHILE(ADR ADR 05965X109 315 12,397 SH   SOLE   12,397 0 0
BANCOLOMBIA SA (ADR) ADR 05968L102 536 12,037 SH   SOLE   12,037 0 0
BANK OF AMERICA CORP COM 060505104 507,721 20,928,311 SH   SOLE   20,928,311 0 0
BANK OF NY MELLON CO COM 064058100 114,788 2,249,869 SH   SOLE   2,249,869 0 0
BARD C.R. INC COM 067383109 46,225 146,231 SH   SOLE   146,231 0 0
BAXTER INTERNATIONAL COM 071813109 66,334 1,095,707 SH   SOLE   1,095,707 0 0
BB & T CORP. COM 054937107 74,271 1,635,573 SH   SOLE   1,635,573 0 0
BECTON DICKINSON & COM 075887109 96,986 497,086 SH   SOLE   497,086 0 0
BED BATH & BEYOND COM 075896100 9,565 314,633 SH   SOLE   314,633 0 0
BERKLEY (WR) CORP COM 084423102 16,725 241,792 SH   SOLE   241,792 0 0
BERKSHIRE HATHAWAY'A COM 084670108 1,783 7 SH   SOLE   7 0 0
BERKSHIRE HATHAWAY'B COM 084670702 432,272 2,552,234 SH   SOLE   2,552,234 0 0
BEST BUY COMPANYINC COM 086516101 33,021 575,982 SH   SOLE   575,982 0 0
BIOGEN INC COM 09062X103 122,279 450,616 SH   SOLE   450,616 0 0
BIOMARIN PHARM. INC. COM 09061G101 31,126 342,717 SH   SOLE   342,717 0 0
BIOVERATIV INC COM 09075E100 280 4,650 SH   SOLE   4,650 0 0
BLACKROCK INC. COM 09247X101 102,204 241,955 SH   SOLE   241,955 0 0
BLOCK (H&R) COM 093671105 12,993 420,360 SH   SOLE   420,360 0 0
BLUEBIRD BIO INC COM 09609G100 15,335 145,980 SH   SOLE   145,980 0 0
BOEING CO. COM 097023105 232,246 1,174,440 SH   SOLE   1,174,440 0 0
BORGWARNER INC COM 099724106 18,707 441,623 SH   SOLE   441,623 0 0
BOSTON PROPERTIES COM 101121101 38,108 309,770 SH   SOLE   309,770 0 0
BOSTON SCIENTIFIC COM 101137107 76,572 2,762,352 SH   SOLE   2,762,352 0 0
BRASKEM S.A.(ADR) ADR 105532105 249 12,033 SH   SOLE   12,033 0 0
BRF SA (ADR) ADR 10552T107 719 60,998 SH   SOLE   60,998 0 0
BRISTOL MYERS SQUIBB COM 110122108 191,351 3,434,153 SH   SOLE   3,434,153 0 0
BRIXMOR PROPERTY GRO COM 11120U105 11,307 632,405 SH   SOLE   632,405 0 0
BROADCOM LTD COM Y09827109 190,548 817,628 SH   SOLE   817,628 0 0
BROADRIDGE FINANCIAL COM 11133T103 19,647 260,024 SH   SOLE   260,024 0 0
BROOKDALE SENIOR LIVING INC COM 112463104 2,252 153,100 SH   SOLE   153,100 0 0
BROWN-FORMAN -CL B COM 115637209 33,979 699,147 SH   SOLE   699,147 0 0
BUNGE LIMITED COM G16962105 21,029 281,891 SH   SOLE   281,891 0 0
C.H. ROBINSON WORLDW COM 12541W209 64,716 942,276 SH   SOLE   942,276 0 0
CA INC. COM 12673P105 22,589 655,326 SH   SOLE   655,326 0 0
CABOT OIL & GAS CO.A COM 127097103 23,149 922,998 SH   SOLE   922,998 0 0
CADENCE DESIGN COM 127387108 19,293 576,090 SH   SOLE   576,090 0 0
CALIFORNIA WATER COM 130788102 210 5,695 SH   SOLE   5,695 0 0
CALPINE CORPORATION COM 131347304 164 12,116 SH   SOLE   12,116 0 0
CAMDEN PROPERTY TRUS COM 133131102 16,848 197,026 SH   SOLE   197,026 0 0
CAMPBELL SOUP COM 134429109 21,898 419,911 SH   SOLE   419,911 0 0
CAPITAL ONE FINANCIA COM 14040H105 79,690 964,536 SH   SOLE   964,536 0 0
CARDINAL HEALTH INC. COM 14149Y108 50,773 651,600 SH   SOLE   651,600 0 0
CARMAX INC COM 143130102 67,364 1,068,255 SH   SOLE   1,068,255 0 0
CARNIVAL CORP COM 143658300 45,851 699,271 SH   SOLE   699,271 0 0
CATERPILLAR COM 149123101 130,727 1,216,521 SH   SOLE   1,216,521 0 0
CBOE HOLDINGS INC COM 12503M108 18,552 202,978 SH   SOLE   202,978 0 0
CBRE GROUP INC-A COM 12504L109 24,113 662,448 SH   SOLE   662,448 0 0
CBS CORP.CLASS-B COM 124857202 47,729 748,334 SH   SOLE   748,334 0 0
CDK GLOBAL INC COM 12508E101 16,302 262,676 SH   SOLE   262,676 0 0
CDW CORP/DE COM 12514G108 20,647 330,196 SH   SOLE   330,196 0 0
CELANESE CORP-A COM 150870103 28,938 304,803 SH   SOLE   304,803 0 0
CELGENE CORP. COM 151020104 231,068 1,779,229 SH   SOLE   1,779,229 0 0
CEMEX SAB(ADR)PART ADR 151290889 1,782 189,185 SH   SOLE   189,185 0 0
CEMIG (ADR) ADR 204409601 356 148,374 SH   SOLE   148,374 0 0
CENTENE CORPORATION COM 15135B101 28,486 356,604 SH   SOLE   356,604 0 0
CENTERPOINT ENERGY COM 15189T107 25,418 928,352 SH   SOLE   928,352 0 0
CENTURYLINK INC. COM 156700106 26,954 1,128,724 SH   SOLE   1,128,724 0 0
CERNER CORPORATION COM 156782104 40,768 613,325 SH   SOLE   613,325 0 0
CF INDUSTRIES HOLDIN COM 125269100 12,893 461,117 SH   SOLE   461,117 0 0
CHARTER COM-CLASS A COM 16119P108 151,888 450,907 SH   SOLE   450,907 0 0
CHECK POINT SOFTWARE COM M22465104 30,930 283,553 SH   SOLE   283,553 0 0
CHENIERE ENERGY INC COM 16411R208 21,647 444,400 SH   SOLE   444,400 0 0
CHESAPEAKE ENERGY CO COM 165167107 93 18,684 SH   SOLE   18,684 0 0
CHEVRON CORP COM 166764100 423,616 4,060,350 SH   SOLE   4,060,350 0 0
CHINA BIOLOGIC PRODU COM 16938C106 7,195 63,620 SH   SOLE   63,620 0 0
CHIPOTLE MEXICAN COM 169656105 36,584 87,921 SH   SOLE   87,921 0 0
CHUBB LTD COM H1467J104 144,591 994,575 SH   SOLE   994,575 0 0
CHUNGHWA TELECOM(ADR ADR 17133Q502 1,247 35,411 SH   SOLE   35,411 0 0
CHURCH & DWIGHT CO. COM 171340102 33,407 643,932 SH   SOLE   643,932 0 0
CIA BRASI(ADR)(PFD ADR 20440T201 521 26,630 SH   SOLE   26,630 0 0
CIA SANEAMENTO (ADR) ADR 20441A102 948 99,606 SH   SOLE   99,606 0 0
CIA SIDERURGICA(ADR) ADR 20440W105 223 103,692 SH   SOLE   103,692 0 0
CIGNA CORP. COM 125509109 96,245 574,977 SH   SOLE   574,977 0 0
CIMAREX ENERGY CO COM 171798101 17,431 185,416 SH   SOLE   185,416 0 0
CINCINNATI FINANCIAL COM 172062101 25,371 350,191 SH   SOLE   350,191 0 0
CINTAS CORP. COM 172908105 33,546 266,155 SH   SOLE   266,155 0 0
CISCO SYSTEMS INC COM 17275R102 337,530 10,783,696 SH   SOLE   10,783,696 0 0
CIT GROUPINC. COM 125581801 17,470 358,722 SH   SOLE   358,722 0 0
CITIGROUP INC. COM 172967424 382,759 5,723,070 SH   SOLE   5,723,070 0 0
CITIZENS FINANCIAL G COM 174610105 40,426 1,133,028 SH   SOLE   1,133,028 0 0
CITRIX SYSTEMS INC. COM 177376100 25,606 321,760 SH   SOLE   321,760 0 0
CLOROX COMPANY COM 189054109 41,624 312,395 SH   SOLE   312,395 0 0
CME GROUP INC. COM 12572Q105 99,196 792,045 SH   SOLE   792,045 0 0
CMS ENERGY CORP COM 125896100 31,433 679,629 SH   SOLE   679,629 0 0
COACH INC. COM 189754104 29,909 631,798 SH   SOLE   631,798 0 0
COCA-COLA COMPANY COM 191216100 392,341 8,747,846 SH   SOLE   8,747,846 0 0
COCA-COLA FEMSA(ADR) ADR 191241108 911 10,759 SH   SOLE   10,759 0 0
COGNIZANT TECH CL-A COM 192446102 81,652 1,229,702 SH   SOLE   1,229,702 0 0
COLGATE PALMOLIVE COM 194162103 169,415 2,285,372 SH   SOLE   2,285,372 0 0
COLONY NORTHSTAR INC COM 19625W104 14,794 1,049,986 SH   SOLE   1,049,986 0 0
COMCAST CORP CL-A COM 20030N101 396,191 10,179,635 SH   SOLE   10,179,635 0 0
COMERICA INC COM 200340107 26,020 355,272 SH   SOLE   355,272 0 0
COMMSCOPE HOLDING CO COM 20337X109 14,795 389,048 SH   SOLE   389,048 0 0
COMMUNITY HEALTH SYS COM 203668108 240 24,054 SH   SOLE   24,054 0 0
CONAGRA BRANDS INC COM 205887102 44,857 1,254,398 SH   SOLE   1,254,398 0 0
CONCHO RESOURCES INC COM 20605P101 36,746 302,361 SH   SOLE   302,361 0 0
CONOCOPHILLIPS COM 20825C104 111,883 2,545,108 SH   SOLE   2,545,108 0 0
CONSOLIDATED EDISON COM 209115104 64,046 792,449 SH   SOLE   792,449 0 0
CONSTELLATION BRND-A COM 21036P108 72,311 373,258 SH   SOLE   373,258 0 0
CONTINENTAL RESOURCE COM 212015101 5,650 174,770 SH   SOLE   174,770 0 0
COOPER COMPANIESINC COM 216648402 24,776 103,485 SH   SOLE   103,485 0 0
COPEL (ADR) ADR 20441B407 134 18,203 SH   SOLE   18,203 0 0
CORE LABORATORIES COM N22717107 8,441 83,350 SH   SOLE   83,350 0 0
CORNING INC. COM 219350105 57,699 1,920,103 SH   SOLE   1,920,103 0 0
CoStar GROUP INC. COM 22160N109 33,770 128,110 SH   SOLE   128,110 0 0
COSTCO WHOLESALE CO. COM 22160K105 147,445 921,937 SH   SOLE   921,937 0 0
COTY INC-CL A COM 222070203 17,984 958,661 SH   SOLE   958,661 0 0
CPFL ENERGIA SA(ADR) ADR 126153105 264 16,555 SH   SOLE   16,555 0 0
CREDICORP LIMITED COM G2519Y108 20,530 114,444 SH   SOLE   114,444 0 0
CROWN CASTLE INTL CO COM 22822V101 107,950 1,077,560 SH   SOLE   1,077,560 0 0
CROWN HOLDINGS INC COM 228368106 16,901 283,283 SH   SOLE   283,283 0 0
CSX COM 126408103 105,778 1,938,754 SH   SOLE   1,938,754 0 0
CTRIP.COM INTL (ADR) ADR 22943F100 93,974 1,744,775 SH   SOLE   1,744,775 0 0
CUMMINS INC COM 231021106 57,351 353,540 SH   SOLE   353,540 0 0
CVS HEALTH CORPORATI COM 126650100 169,455 2,106,082 SH   SOLE   2,106,082 0 0
D.R. HORTON INC. COM 23331A109 32,038 926,762 SH   SOLE   926,762 0 0
DANAHER CORP COM 235851102 107,588 1,274,885 SH   SOLE   1,274,885 0 0
DARDEN RESTAURANTS COM 237194105 33,379 369,069 SH   SOLE   369,069 0 0
DAVITA INC COM 23918K108 20,358 314,366 SH   SOLE   314,366 0 0
DEERE & CO. COM 244199105 67,156 543,381 SH   SOLE   543,381 0 0
DELL TECHNOLOGIES IN COM 24703L103 32,908 538,505 SH   SOLE   538,505 0 0
DELPHI AUTOMOTIVE COM G27823106 47,962 547,198 SH   SOLE   547,198 0 0
DELTA AIR LINES INC COM 247361702 23,804 442,946 SH   SOLE   442,946 0 0
DENTSPLY SIRONA INC COM 24906P109 29,865 460,589 SH   SOLE   460,589 0 0
DEVON ENERGY CORP. COM 25179M103 31,218 976,491 SH   SOLE   976,491 0 0
DEXCOM INC. COM 252131107 29,153 398,533 SH   SOLE   398,533 0 0
DIAMONDBACK ENERGY COM 25278X109 16,360 184,211 SH   SOLE   184,211 0 0
DICK'S SPORTING GDS COM 253393102 6,940 174,249 SH   SOLE   174,249 0 0
DIGITAL REALTY TRUST COM 253868103 49,433 437,650 SH   SOLE   437,650 0 0
DISCOVER FINANCIAL COM 254709108 51,947 835,288 SH   SOLE   835,288 0 0
DISCOVERY COMMU CL-A COM 25470F104 7,637 295,659 SH   SOLE   295,659 0 0
DISCOVERY COMMU CL-C COM 25470F302 11,621 460,956 SH   SOLE   460,956 0 0
DISH NETWORK CORP-A COM 25470M109 28,505 454,188 SH   SOLE   454,188 0 0
DOLLAR GENERAL CORP COM 256677105 41,016 568,950 SH   SOLE   568,950 0 0
DOLLAR TREE INC COM 256746108 33,364 477,171 SH   SOLE   477,171 0 0
DOMINION ENERGY INC COM 25746U109 132,153 1,724,565 SH   SOLE   1,724,565 0 0
DOMINO'S PIZZA INC. COM 25754A201 32,590 154,067 SH   SOLE   154,067 0 0
DOVER CORP COM 260003108 27,142 338,341 SH   SOLE   338,341 0 0
DOW CHEMICAL COM 260543103 177,547 2,815,079 SH   SOLE   2,815,079 0 0
DR PEPPER SNAPPLE COM 26138E109 37,018 406,296 SH   SOLE   406,296 0 0
DR. REDDY'S LAB(ADR) ADR 256135203 2,190 51,980 SH   SOLE   51,980 0 0
DTE ENERGY COMPANY COM 233331107 45,729 432,260 SH   SOLE   432,260 0 0
DU PONT (E.I.) COM 263534109 140,681 1,743,039 SH   SOLE   1,743,039 0 0
DUKE ENERGY CORP. COM 26441C204 138,687 1,659,138 SH   SOLE   1,659,138 0 0
DUKE REALTY CORP COM 264411505 19,814 708,926 SH   SOLE   708,926 0 0
DXC TECHNOLOGY CO COM 23355L106 43,455 566,405 SH   SOLE   566,405 0 0
E TRADE FINANCIAL CO COM 269246401 30,684 806,846 SH   SOLE   806,846 0 0
EAST WEST BANK CORP. COM 27579R104 16,865 287,900 SH   SOLE   287,900 0 0
EASTMAN CHEMICAL COM 277432100 24,968 297,277 SH   SOLE   297,277 0 0
EATON CORP PLC COM G29183103 80,352 1,032,408 SH   SOLE   1,032,408 0 0
EATON VANCE CORP COM 278265103 10,624 224,511 SH   SOLE   224,511 0 0
EBAY INC COM 278642103 77,432 2,217,407 SH   SOLE   2,217,407 0 0
ECOLAB INC COM 278865100 72,498 546,123 SH   SOLE   546,123 0 0
EDISON INTERNATIONAL COM 281020107 55,457 709,262 SH   SOLE   709,262 0 0
EDWARDS LIFESCIENCES COM 28176E108 50,854 430,091 SH   SOLE   430,091 0 0
ELECTRONIC ARTS COM 285512109 65,623 620,724 SH   SOLE   620,724 0 0
ELETROBRAS-ADR P ADR 15234Q108 111 22,444 SH   SOLE   22,444 0 0
ELLIE MAE INC. COM 28849P100 24,456 222,510 SH   SOLE   222,510 0 0
EMBRAER SA (ADR) ADR 29082A107 595 32,638 SH   SOLE   32,638 0 0
EMERSON ELECTRIC COM 291011104 81,668 1,369,815 SH   SOLE   1,369,815 0 0
ENEL AMERICAS SA(ADR ADR 29274F104 363 38,458 SH   SOLE   38,458 0 0
ENEL CHILE SA-ADR ADR 29278D105 166 30,261 SH   SOLE   30,261 0 0
ENERGEN CORP COM 29265N108 592 12,000 SH   SOLE   12,000 0 0
ENSCO PLC CL-A COM G3157S106 88 16,996 SH   SOLE   16,996 0 0
ENTERGY CORP NEW COM 29364G103 28,280 368,374 SH   SOLE   368,374 0 0
ENVISION HEALTHCARE COM 29414D100 15,693 250,409 SH   SOLE   250,409 0 0
EOG RESOURCES INC. COM 26875P101 154,346 1,705,108 SH   SOLE   1,705,108 0 0
EQT CORPORATION COM 26884L109 20,632 352,146 SH   SOLE   352,146 0 0
EQUIFAX INC. COM 294429105 33,032 240,371 SH   SOLE   240,371 0 0
EQUINIX INC COM 29444U700 68,865 160,465 SH   SOLE   160,465 0 0
EQUITY RESIDENTIAL COM 29476L107 52,082 791,161 SH   SOLE   791,161 0 0
ESSEX PROPERTY TRUST COM 297178105 34,636 134,629 SH   SOLE   134,629 0 0
ESTEE LAUDER CO.CL-A COM 518439104 64,591 672,962 SH   SOLE   672,962 0 0
EVEREST RE GROUP LTD COM G3223R108 39,071 153,465 SH   SOLE   153,465 0 0
EVERSOURCE ENERGY COM 30040W108 42,526 700,476 SH   SOLE   700,476 0 0
EXELON CORPORATION COM 30161N101 86,669 2,402,806 SH   SOLE   2,402,806 0 0
EXPEDIA INC. COM 30212P303 37,040 248,676 SH   SOLE   248,676 0 0
EXPEDITORS INTL WASH COM 302130109 28,516 504,894 SH   SOLE   504,894 0 0
EXPRESS SCRIPTS HOLD COM 30219G108 82,755 1,296,288 SH   SOLE   1,296,288 0 0
EXTRA SPACE STORAGE COM 30225T102 34,226 438,791 SH   SOLE   438,791 0 0
EXXON MOBIL CORP. COM 30231G102 705,068 8,733,655 SH   SOLE   8,733,655 0 0
F M C CORP COM 302491303 19,784 270,828 SH   SOLE   270,828 0 0
F5 NETWORKS INC. COM 315616102 17,686 139,193 SH   SOLE   139,193 0 0
FACEBOOK INC-A COM 30303M102 910,434 6,030,162 SH   SOLE   6,030,162 0 0
FASTENAL COMPANY COM 311900104 44,921 1,031,966 SH   SOLE   1,031,966 0 0
FEDERAL REALTY INVT COM 313747206 19,372 153,269 SH   SOLE   153,269 0 0
FEDEX CORPORATION COM 31428X106 119,132 548,162 SH   SOLE   548,162 0 0
FIBRIA CEL SA (ADR) ADR 31573A109 333 32,803 SH   SOLE   32,803 0 0
FIDELITY NATIONAL IN COM 31620M106 60,683 710,573 SH   SOLE   710,573 0 0
FIFTH THIRD BANCORP COM 316773100 39,520 1,522,354 SH   SOLE   1,522,354 0 0
FINANCIAL ENGINES COM 317485100 9,023 246,530 SH   SOLE   246,530 0 0
FIRST DATA CORP- CLA COM 32008D106 13,465 739,853 SH   SOLE   739,853 0 0
FIRST REPUBLIC BANK COM 33616C100 134,577 1,344,430 SH   SOLE   1,344,430 0 0
FIRSTENERGY CORP. COM 337932107 28,455 975,833 SH   SOLE   975,833 0 0
FISERV INC. COM 337738108 56,131 458,811 SH   SOLE   458,811 0 0
FLEETCOR TECHNOLOGIE COM 339041105 26,402 183,079 SH   SOLE   183,079 0 0
FLEX LTD COM Y2573F102 21,133 1,295,698 SH   SOLE   1,295,698 0 0
FLIR SYSTEMS INC. COM 302445101 16,338 471,391 SH   SOLE   471,391 0 0
FLOWSERVE CORP. COM 34354P105 12,275 264,379 SH   SOLE   264,379 0 0
FLUOR CORP COM 343412102 13,092 285,973 SH   SOLE   285,973 0 0
FNF GROUP COM 31620R303 25,811 575,743 SH   SOLE   575,743 0 0
FOMENTO ECONO (ADR) ADR 344419106 2,563 26,065 SH   SOLE   26,065 0 0
FOOT LOCKER INC. COM 344849104 15,706 318,708 SH   SOLE   318,708 0 0
FORD MOTOR COMPANY COM 345370860 84,745 7,573,240 SH   SOLE   7,573,240 0 0
FORTINET INC COM 34959E109 11,174 298,445 SH   SOLE   298,445 0 0
FORTIVE CORP COM 34959J108 59,845 944,678 SH   SOLE   944,678 0 0
FORTUNE BRANDS H & S COM 34964C106 19,888 304,839 SH   SOLE   304,839 0 0
FRANKLIN RESOURCES COM 354613101 30,917 690,273 SH   SOLE   690,273 0 0
FREEPORT-MCMORAN INC COM 35671D857 33,451 2,785,247 SH   SOLE   2,785,247 0 0
FRONTIER COMM. CORP COM 35906A108 86 74,253 SH   SOLE   74,253 0 0
GALLAGHER (ARTHUR J. COM 363576109 22,311 389,717 SH   SOLE   389,717 0 0
GAP INC COM 364760108 10,807 491,468 SH   SOLE   491,468 0 0
GARMIN LTD. COM H2906T109 13,076 256,239 SH   SOLE   256,239 0 0
GARTNER INC COM 366651107 25,825 209,092 SH   SOLE   209,092 0 0
GENERAL DYNAMICS COM 369550108 111,442 562,555 SH   SOLE   562,555 0 0
GENERAL ELECTRIC COM 369604103 482,315 17,856,892 SH   SOLE   17,856,892 0 0
GENERAL MILLS COM 370334104 70,706 1,276,281 SH   SOLE   1,276,281 0 0
GENERAL MOTORS CO. COM 37045V100 105,686 3,025,655 SH   SOLE   3,025,655 0 0
GENUINE PARTS COM 372460105 28,770 310,158 SH   SOLE   310,158 0 0
GENWORTH FIN.-CL A COM 37247D106 248 65,664 SH   SOLE   65,664 0 0
GERDAU S.A. (ADR) ADR 373737105 432 141,553 SH   SOLE   141,553 0 0
GGP INC COM 36174X101 29,361 1,246,243 SH   SOLE   1,246,243 0 0
GILEAD SCIENCES INC COM 375558103 189,184 2,672,846 SH   SOLE   2,672,846 0 0
GLOBAL PAYMENTS INC COM 37940X102 28,641 317,101 SH   SOLE   317,101 0 0
GOLDMAN SACHS GROUP COM 38141G104 195,263 879,961 SH   SOLE   879,961 0 0
GOODYEAR TIRE COM 382550101 19,860 568,069 SH   SOLE   568,069 0 0
GRAINGER (W.W.) INC COM 384802104 20,679 114,545 SH   SOLE   114,545 0 0
GREAT WESTERN BANCOR COM 391416104 273 6,700 SH   SOLE   6,700 0 0
GRP AEROPORT DEL(ADR ADR 400506101 927 8,257 SH   SOLE   8,257 0 0
GRUBHUB INC COM 400110102 47,031 1,078,699 SH   SOLE   1,078,699 0 0
GRUPO AEROPORTUA(ADR ADR 400501102 209 4,338 SH   SOLE   4,338 0 0
GRUPO AEROPORTUA(ADR ADR 40051E202 513 2,439 SH   SOLE   2,439 0 0
GRUPO TELEVISA (ADR) ADR 40049J206 1,812 74,359 SH   SOLE   74,359 0 0
HALLIBURTON CO. COM 406216101 81,089 1,898,606 SH   SOLE   1,898,606 0 0
HANESBRANDS INC COM 410345102 17,697 764,129 SH   SOLE   764,129 0 0
HARLEY DAVIDSON INC COM 412822108 31,701 586,841 SH   SOLE   586,841 0 0
HARRIS COM 413875105 26,963 247,183 SH   SOLE   247,183 0 0
HARTFORD FINL SVCS COM 416515104 40,272 766,059 SH   SOLE   766,059 0 0
HASBRO INC COM 418056107 26,748 239,872 SH   SOLE   239,872 0 0
HCA HEALTHCARE INC COM 40412C101 54,835 628,845 SH   SOLE   628,845 0 0
HCP INC COM 40414L109 29,944 936,932 SH   SOLE   936,932 0 0
HD SUPPLY HOLDINGS COM 40416M105 12,358 403,460 SH   SOLE   403,460 0 0
HDFC BANK LTD. (ADR) ADR 40415F101 3,470 39,900 SH   SOLE   39,900 0 0
HELMERICH & PAYNE COM 423452101 11,450 210,703 SH   SOLE   210,703 0 0
HENRY & ASSOCIATES COM 426281101 19,908 191,662 SH   SOLE   191,662 0 0
HENRY SCHEIN INC. COM 806407102 32,342 176,711 SH   SOLE   176,711 0 0
HERMAN MILLER COM 600544100 1,231 40,500 SH   SOLE   40,500 0 0
HERTZ GLOBAL HOLDING COM 42806J106 156 13,582 SH   SOLE   13,582 0 0
HESS CORPORATION COM 42809H107 25,596 583,443 SH   SOLE   583,443 0 0
HILTON WORLDWIDE HOL COM 43300A203 24,682 399,058 SH   SOLE   399,058 0 0
HOLLYFRONTIER CORP COM 436106108 9,553 347,777 SH   SOLE   347,777 0 0
HOLOGIC INC COM 436440101 29,868 658,166 SH   SOLE   658,166 0 0
HOME DEPOT COM 437076102 381,685 2,488,167 SH   SOLE   2,488,167 0 0
HONEYWELL INTL INC. COM 438516106 199,309 1,495,306 SH   SOLE   1,495,306 0 0
HORMEL FOODS CORP. COM 440452100 21,055 617,262 SH   SOLE   617,262 0 0
HOST HOTEL&RES(REIT) COM 44107P104 38,595 2,112,480 SH   SOLE   2,112,480 0 0
HOWARD HUGHES CORP COM 44267D107 10,669 86,854 SH   SOLE   86,854 0 0
HP ENTERPRISE CO COM 42824C109 55,599 3,351,350 SH   SOLE   3,351,350 0 0
HP INC COM 40434L105 60,723 3,473,883 SH   SOLE   3,473,883 0 0
HUMANA COM 444859102 78,778 327,395 SH   SOLE   327,395 0 0
HUNTINGTON BANCSHARE COM 446150104 33,413 2,471,370 SH   SOLE   2,471,370 0 0
HUNTINGTON INGALLS COM 446413106 17,209 92,443 SH   SOLE   92,443 0 0
ICICI BANK LTD.(ADR) ADR 45104G104 28,301 3,155,091 SH   SOLE   3,155,091 0 0
IDEX CORPORATION COM 45167R104 17,392 153,896 SH   SOLE   153,896 0 0
IDEXX LABORATORIES COM 45168D104 30,159 186,833 SH   SOLE   186,833 0 0
IHS MARKIT LTD COM G47567105 32,296 733,329 SH   SOLE   733,329 0 0
ILLINOIS TOOL WORKS COM 452308109 91,879 641,386 SH   SOLE   641,386 0 0
ILLUMINA INC. COM 452327109 175,547 1,011,680 SH   SOLE   1,011,680 0 0
INCYTE CORP. COM 45337C102 43,361 344,380 SH   SOLE   344,380 0 0
INFOSYS LTD. (ADR) ADR 456788108 6,373 424,295 SH   SOLE   424,295 0 0
INGERSOLL-RAND PLC COM G47791101 53,472 585,096 SH   SOLE   585,096 0 0
INGREDION INC COM 457187102 17,868 149,884 SH   SOLE   149,884 0 0
INTEL CORPORATION COM 458140100 329,707 9,771,980 SH   SOLE   9,771,980 0 0
INTERACTIVE BROKER-A COM 45841N107 31,264 835,500 SH   SOLE   835,500 0 0
INTERCONTINENTAL EXC COM 45866F104 79,313 1,203,170 SH   SOLE   1,203,170 0 0
INTERPUBLIC GROUP CO COM 460690100 19,611 797,178 SH   SOLE   797,178 0 0
INTL BUS MACHINES CO COM 459200101 286,750 1,864,070 SH   SOLE   1,864,070 0 0
INTL FLAVORS&FRAGRAN COM 459506101 21,342 158,088 SH   SOLE   158,088 0 0
INTL PAPER COM 460146103 57,336 1,012,831 SH   SOLE   1,012,831 0 0
INTUIT INC. COM 461202103 65,045 489,757 SH   SOLE   489,757 0 0
INTUITIVE SURGICAL COM 46120E602 124,657 133,270 SH   SOLE   133,270 0 0
INVESCO LTD COM G491BT108 29,250 831,216 SH   SOLE   831,216 0 0
IONIS PHARMACEUTICAL COM 462222100 18,801 369,590 SH   SOLE   369,590 0 0
IRON MOUNTAIN INC COM 46284V101 30,838 897,487 SH   SOLE   897,487 0 0
I SHARES 7-10Y TR BD ETF 464287440 5,735 53,791 SH   SOLE   53,791 0 0
ISHARES IBOXX \ H/Y ETF 464288513 61,298 693,500 SH   SOLE   693,500 0 0
ISHARES IBOXX \ INV ETF 464287242 256,566 2,129,000 SH   SOLE   2,129,000 0 0
ISHARES US REAL ESTA ETF 464287739 1,484 18,600 SH   SOLE   18,600 0 0
ITAU UNIBANCO HLD(AD ADR 465562106 4,731 428,109 SH   SOLE   428,109 0 0
JACOBS ENGINEERING COM 469814107 13,194 242,576 SH   SOLE   242,576 0 0
JAZZ PHARMACEUTICALS COM G50871105 18,783 120,793 SH   SOLE   120,793 0 0
JB HUNT TRANSPORT SV COM 445658107 16,583 181,468 SH   SOLE   181,468 0 0
JD.COM INC(ADR) ADR 47215P106 43,780 1,116,273 SH   SOLE   1,116,273 0 0
JM SMUCKER CO COM 832696405 29,796 251,804 SH   SOLE   251,804 0 0
JOHNSON & JOHNSON COM 478160104 750,305 5,671,668 SH   SOLE   5,671,668 0 0
JOHNSON CONTROLS INT COM G51502105 85,786 1,978,460 SH   SOLE   1,978,460 0 0
JONES LANG LASALLE COM 48020Q107 11,169 89,354 SH   SOLE   89,354 0 0
JPMORGAN CHASE & CO COM 46625H100 676,780 7,404,596 SH   SOLE   7,404,596 0 0
JUNIPER NETWORKSINC COM 48203R104 21,919 786,194 SH   SOLE   786,194 0 0
JUNO THERAPEUTICS IN COM 48205A109 26,953 901,750 SH   SOLE   901,750 0 0
KANSAS CITY SOUTHERN COM 485170302 22,300 213,092 SH   SOLE   213,092 0 0
KB FINANCIAL GP(ADR) ADR 48241A105 616 12,200 SH   SOLE   12,200 0 0
KELLOGG COM 487836108 43,528 626,669 SH   SOLE   626,669 0 0
KEYCORP COM 493267108 40,670 2,170,249 SH   SOLE   2,170,249 0 0
KIMBERLY-CLARK CORP COM 494368103 96,701 748,985 SH   SOLE   748,985 0 0
KIMCO REALTY CORP. COM 49446R109 15,560 847,942 SH   SOLE   847,942 0 0
KINDER MORGAN INC COM 49456B101 81,223 4,239,200 SH   SOLE   4,239,200 0 0
KIRBY CORPORATION COM 497266106 11,114 166,260 SH   SOLE   166,260 0 0
KLA-TENCOR CORP. COM 482480100 29,491 322,270 SH   SOLE   322,270 0 0
KOHL'S CORPORATION COM 500255104 14,336 370,715 SH   SOLE   370,715 0 0
KRAFT HEINZ CO/THE COM 500754106 108,460 1,266,467 SH   SOLE   1,266,467 0 0
KROGER CO. COM 501044101 44,186 1,894,778 SH   SOLE   1,894,778 0 0
L BRANDS INC COM 501797104 27,176 504,293 SH   SOLE   504,293 0 0
L3 TECHNOLOGIES INC COM 502413107 25,897 154,998 SH   SOLE   154,998 0 0
LABORATORY CORP AMER COM 50540R409 34,275 222,366 SH   SOLE   222,366 0 0
LAM RESEARCH CORP. COM 512807108 50,724 358,649 SH   SOLE   358,649 0 0
LAMB WESTON HOLDING COM 513272104 274 6,232 SH   SOLE   6,232 0 0
LAS VEGAS SANDS CORP COM 517834107 59,984 938,856 SH   SOLE   938,856 0 0
LATAM AIRLINES (ADR) ADR 51817R106 227 20,532 SH   SOLE   20,532 0 0
LEAR CORP COM 521865204 26,402 185,828 SH   SOLE   185,828 0 0
LEGGETT & PLATT INC. COM 524660107 14,315 272,512 SH   SOLE   272,512 0 0
LEIDOS HOLDINGS INC COM 525327102 14,595 282,356 SH   SOLE   282,356 0 0
LENNAR CORP CL-A COM 526057104 25,762 483,160 SH   SOLE   483,160 0 0
LENNOX INTL INC. COM 526107107 14,288 77,807 SH   SOLE   77,807 0 0
LEUCADIA NATIONAL CO COM 527288104 35,438 1,354,661 SH   SOLE   1,354,661 0 0
LEVEL 3 COMM. INC. COM 52729N308 36,797 620,531 SH   SOLE   620,531 0 0
LIBERTY BROADBAND C COM 530307305 19,746 227,623 SH   SOLE   227,623 0 0
LIBERTY GLOBAL PLC-A COM G5480U104 15,884 494,535 SH   SOLE   494,535 0 0
LIBERTY GLOBAL PLC-C COM G5480U120 37,999 1,218,687 SH   SOLE   1,218,687 0 0
LIBERTY INTER CORP-A COM 53071M104 22,182 903,920 SH   SOLE   903,920 0 0
LIBERTY MEDIA CORP-A COM 531229409 8,217 195,731 SH   SOLE   195,731 0 0
LIBERTY MEDIA CORP-C COM 531229607 15,690 376,262 SH   SOLE   376,262 0 0
LIBERTY PROPERTY COM 531172104 11,612 285,229 SH   SOLE   285,229 0 0
LILLY (ELI) COM 532457108 183,845 2,233,839 SH   SOLE   2,233,839 0 0
LINCOLN ELECTRIC HLD COM 533900106 36,400 395,269 SH   SOLE   395,269 0 0
LINCOLN NATIONAL CO COM 534187109 36,230 536,110 SH   SOLE   536,110 0 0
LKQ CORPORATION COM 501889208 20,118 610,571 SH   SOLE   610,571 0 0
LOCKHEED MARTIN CORP COM 539830109 154,703 557,266 SH   SOLE   557,266 0 0
LOEWS CORP COM 540424108 41,680 890,398 SH   SOLE   890,398 0 0
LOWE'S COMPANIES COM 548661107 140,702 1,814,811 SH   SOLE   1,814,811 0 0
LULULEMON ATHLETICA COM 550021109 12,682 212,530 SH   SOLE   212,530 0 0
LYONDELLBASELL CL-A COM N53745100 63,699 754,814 SH   SOLE   754,814 0 0
M & T CORPORATION COM 55261F104 77,116 476,172 SH   SOLE   476,172 0 0
MACERICH COMPANY COM 554382101 14,290 246,126 SH   SOLE   246,126 0 0
MACQUARIE INFRASTRUC COM 55608B105 30,495 388,961 SH   SOLE   388,961 0 0
MACY'SINC. COM 55616P104 14,370 618,323 SH   SOLE   618,323 0 0
MALLINCKRODT PLC COM G5785G107 9,593 214,086 SH   SOLE   214,086 0 0
MANPOWERGROUP COM 56418H100 15,374 137,697 SH   SOLE   137,697 0 0
MARATHON OIL CORP COM 565849106 20,153 1,700,696 SH   SOLE   1,700,696 0 0
MARATHON PETROLEUM COM 56585A102 57,849 1,105,469 SH   SOLE   1,105,469 0 0
MARKEL CORP. COM 570535104 96,741 99,134 SH   SOLE   99,134 0 0
MARKETAXESS HOLDINGS COM 57060D108 64,002 318,260 SH   SOLE   318,260 0 0
MARRIOTT INTL INC'A' COM 571903202 67,507 672,979 SH   SOLE   672,979 0 0
MARSH & MCLENNAN COS COM 571748102 90,283 1,158,064 SH   SOLE   1,158,064 0 0
MARTIN MARIETTA MATE COM 573284106 85,937 386,096 SH   SOLE   386,096 0 0
MARVELL TECHNOLOGY COM G5876H105 13,365 809,037 SH   SOLE   809,037 0 0
MASCO CORP. COM 574599106 24,520 641,706 SH   SOLE   641,706 0 0
MASTERCARD INC-A COM 57636Q104 304,830 2,509,920 SH   SOLE   2,509,920 0 0
MATTEL INC COM 577081102 15,161 704,159 SH   SOLE   704,159 0 0
MAXIM INTEGRATED PRD COM 57772K101 29,112 648,376 SH   SOLE   648,376 0 0
MCCORMICK & CO INC. COM 579780206 27,156 278,492 SH   SOLE   278,492 0 0
MCDONALD'S COM 580135101 281,251 1,836,323 SH   SOLE   1,836,323 0 0
MCKESSON CORPORATION COM 58155Q103 70,847 430,577 SH   SOLE   430,577 0 0
MEDNAX INC. COM 58502B106 12,400 205,404 SH   SOLE   205,404 0 0
MEDTRONIC PLC COM G5960L103 249,249 2,808,442 SH   SOLE   2,808,442 0 0
MELCO RESORTS&E(ADR) ADR 585464100 11,803 525,764 SH   SOLE   525,764 0 0
MERCADOLIBRE INC COM 58733R102 22,506 89,708 SH   SOLE   89,708 0 0
MERCK & CO. INC COM 58933Y105 396,203 6,181,984 SH   SOLE   6,181,984 0 0
METLIFE INC. COM 59156R108 109,680 1,996,354 SH   SOLE   1,996,354 0 0
METTLER-TOLEDO INTL COM 592688105 50,844 86,390 SH   SOLE   86,390 0 0
MGM RESORTS INTL COM 552953101 29,206 933,405 SH   SOLE   933,405 0 0
MICHAEL KORS COM G60754101 12,391 341,832 SH   SOLE   341,832 0 0
MICROCHIP TECHNOLOGY COM 595017104 49,711 644,091 SH   SOLE   644,091 0 0
MICRON TECHNOLOGY COM 595112103 67,732 2,268,306 SH   SOLE   2,268,306 0 0
MICROSOFT CORP COM 594918104 1,048,666 15,213,490 SH   SOLE   15,213,490 0 0
MID-AMERICA APRT COM COM 59522J103 25,516 242,133 SH   SOLE   242,133 0 0
MIDDLEBY CORPORATION COM 596278101 13,867 114,120 SH   SOLE   114,120 0 0
MINAS BUENAVENT.(ADR ADR 204448104 3,828 332,897 SH   SOLE   332,897 0 0
MOBILE TELESYS.(ADR) ADR 607409109 2,009 239,781 SH   SOLE   239,781 0 0
MOBILEYE NV COM N51488117 24,840 395,543 SH   SOLE   395,543 0 0
MOHAWK INDUSTRIES COM 608190104 36,773 152,150 SH   SOLE   152,150 0 0
MOLSON COORS BR CL-B COM 60871R209 32,749 379,306 SH   SOLE   379,306 0 0
MOMO INC-SPON ADR ADR 60879B107 5,452 147,524 SH   SOLE   147,524 0 0
MONDELEZ INTERNATION COM 609207105 138,069 3,196,775 SH   SOLE   3,196,775 0 0
MONSANTO COMPANY COM 61166W101 105,201 888,821 SH   SOLE   888,821 0 0
MONSTER BEVERAGE COR COM 61174X109 39,436 793,800 SH   SOLE   793,800 0 0
MOODY'S CORPORATION COM 615369105 104,639 859,953 SH   SOLE   859,953 0 0
MORGAN STANLEY COM 617446448 125,121 2,807,915 SH   SOLE   2,807,915 0 0
MOTOROLA SOLUTIONS COM 620076307 44,534 513,418 SH   SOLE   513,418 0 0
MSCI INC. COM 55354G100 23,070 223,999 SH   SOLE   223,999 0 0
MURPHY OIL CORP. COM 626717102 8,824 344,301 SH   SOLE   344,301 0 0
MYLAN NV COM N59465109 35,553 915,833 SH   SOLE   915,833 0 0
MYRIAD GENETICSINC. COM 62855J104 12,176 471,189 SH   SOLE   471,189 0 0
NASDAQ INC COM 631103108 18,523 259,106 SH   SOLE   259,106 0 0
NATIONAL RETAIL PROP COM 637417106 11,477 293,521 SH   SOLE   293,521 0 0
NATIONAL-OILWELL VAR COM 637071101 25,207 765,254 SH   SOLE   765,254 0 0
NAVIENT CORP COM 63938C108 10,584 635,658 SH   SOLE   635,658 0 0
NETAPP INC COM 64110D104 22,502 561,847 SH   SOLE   561,847 0 0
NETEASEINC.(ADR) ADR 64110W102 39,362 130,932 SH   SOLE   130,932 0 0
NETFLIX.COM INC. COM 64110L106 189,487 1,268,233 SH   SOLE   1,268,233 0 0
NEW JERSEY RESOURCES COM 646025106 407 10,258 SH   SOLE   10,258 0 0
NEW ORIENTAL ED(ADR) ADR 647581107 15,929 225,982 SH   SOLE   225,982 0 0
NEW YORK COMMUN.BANC COM 649445103 17,626 1,342,447 SH   SOLE   1,342,447 0 0
NEWELL BRANDS INC COM 651229106 51,532 961,051 SH   SOLE   961,051 0 0
NEWFIELD EXPLORATION COM 651290108 11,885 417,589 SH   SOLE   417,589 0 0
NEWMONT MINING CO HL COM 651639106 36,709 1,133,349 SH   SOLE   1,133,349 0 0
NEWS CORP-CLASS A COM 65249B109 10,458 763,382 SH   SOLE   763,382 0 0
NEXTERA ENERGY INC. COM 65339F101 145,203 1,036,204 SH   SOLE   1,036,204 0 0
NIELSEN HOLDINGS PLC COM G6518L108 27,683 716,054 SH   SOLE   716,054 0 0
NIKE INC CL'B' COM 654106103 166,463 2,821,402 SH   SOLE   2,821,402 0 0
NISOURCE INC. COM 65473P105 17,214 678,788 SH   SOLE   678,788 0 0
NOBLE CORP PLC COM G65431101 84 23,166 SH   SOLE   23,166 0 0
NOBLE ENERGY INC COM 655044105 26,303 929,443 SH   SOLE   929,443 0 0
NORDSTROM INC. COM 655664100 12,331 257,810 SH   SOLE   257,810 0 0
NORFOLK SOUTHERN COM 655844108 70,810 581,844 SH   SOLE   581,844 0 0
NORTHERN TRUST COM 665859104 42,403 436,199 SH   SOLE   436,199 0 0
NORTHROP GRUMMAN COM 666807102 95,826 373,285 SH   SOLE   373,285 0 0
NORTHWEST NATUR GAS COM 667655104 211 3,521 SH   SOLE   3,521 0 0
NORTHWESTERN CORP COM 668074305 350 5,738 SH   SOLE   5,738 0 0
NORWEGIAN CRUISE LIN COM G66721104 22,191 408,757 SH   SOLE   408,757 0 0
NOW INC COM 67011P100 20,573 1,279,400 SH   SOLE   1,279,400 0 0
NUANCE COMMUNICATION COM 67020Y100 10,053 577,430 SH   SOLE   577,430 0 0
NUCOR CORP COM 670346105 38,257 661,079 SH   SOLE   661,079 0 0
NVIDIA CORP. COM 67066G104 270,842 1,873,561 SH   SOLE   1,873,561 0 0
NVR INC COM 62944T105 17,154 7,116 SH   SOLE   7,116 0 0
NXP SEMICONDUCTOR NV COM N6596X109 76,273 696,872 SH   SOLE   696,872 0 0
OCCIDENTAL PETROLEUM COM 674599105 92,853 1,550,911 SH   SOLE   1,550,911 0 0
OFFICE DEPOT INC. COM 676220106 145 25,787 SH   SOLE   25,787 0 0
OGE ENERGY CORP COM 670837103 14,197 408,072 SH   SOLE   408,072 0 0
OMEGA HEALTHCARE(REI COM 681936100 865 26,200 SH   SOLE   26,200 0 0
OMNICOM GROUP COM 681919106 39,155 472,320 SH   SOLE   472,320 0 0
ONE GAS INC COM 68235P108 434 6,210 SH   SOLE   6,210 0 0
ONEOK INC. COM 682680103 23,829 456,838 SH   SOLE   456,838 0 0
ORACLE CORPORATION COM 68389X105 322,799 6,437,958 SH   SOLE   6,437,958 0 0
O'REILLY AUTOMOTIVE COM 67103H107 41,280 188,719 SH   SOLE   188,719 0 0
PACCAR INC COM 693718108 47,178 714,380 SH   SOLE   714,380 0 0
PACKAGING CORP AMERI COM 695156109 25,363 227,694 SH   SOLE   227,694 0 0
PALO ALTO NETWORKS COM 697435105 24,736 184,858 SH   SOLE   184,858 0 0
PARKER HANNIFIN COM 701094104 45,988 287,749 SH   SOLE   287,749 0 0
PARSLEY ENERGY INC-A COM 701877102 11,978 431,657 SH   SOLE   431,657 0 0
PATTERSON COS INC COM 703395103 8,346 177,762 SH   SOLE   177,762 0 0
PAYCHEX INC COM 704326107 44,541 782,243 SH   SOLE   782,243 0 0
PAYPAL HOLDINGS INC COM 70450Y103 124,926 2,327,662 SH   SOLE   2,327,662 0 0
PENTAIR PLC COM G7S00T104 23,269 349,698 SH   SOLE   349,698 0 0
PEOPLE'S UNITED FIN. COM 712704105 17,484 990,016 SH   SOLE   990,016 0 0
PEPSICO INC. COM 713448108 356,628 3,087,953 SH   SOLE   3,087,953 0 0
PERRIGO CO PLC COM G97822103 19,517 258,430 SH   SOLE   258,430 0 0
PFIZER INC. COM 717081103 442,393 13,170,368 SH   SOLE   13,170,368 0 0
PG AND E CORPORATION COM 69331C108 79,067 1,191,305 SH   SOLE   1,191,305 0 0
PHILIP MORRIS INTL COM 718172109 397,549 3,384,837 SH   SOLE   3,384,837 0 0
PHILLIPS 66 COM 718546104 81,036 979,999 SH   SOLE   979,999 0 0
PINNACLE WEST CAPITA COM 723484101 19,182 225,250 SH   SOLE   225,250 0 0
PIONEER NATURAL RES COM 723787107 53,886 337,673 SH   SOLE   337,673 0 0
PLAINS GP HOLDINGS-A COM 72651A207 7,171 274,134 SH   SOLE   274,134 0 0
PLDT INC(ADR) ADR 69344D408 384 10,861 SH   SOLE   10,861 0 0
PNC FIN. SERVICES COM 693475105 131,196 1,050,661 SH   SOLE   1,050,661 0 0
POLARIS INDUSTRIES COM 731068102 11,146 120,848 SH   SOLE   120,848 0 0
POSCO (ADR) ADR 693483109 551 8,800 SH   SOLE   8,800 0 0
PPG INDUSTRIES COM 693506107 57,305 521,148 SH   SOLE   521,148 0 0
PPL CORPORATION COM 69351T106 58,456 1,512,046 SH   SOLE   1,512,046 0 0
PRAXAIR INC. COM 74005P104 76,156 574,545 SH   SOLE   574,545 0 0
PRICELINE GROUP INC COM 741503403 190,658 101,928 SH   SOLE   101,928 0 0
PRINCIPAL FINANCIAL COM 74251V102 36,882 575,657 SH   SOLE   575,657 0 0
PROCTER & GAMBLE COM 742718109 488,371 5,603,803 SH   SOLE   5,603,803 0 0
PROGRESSIVE CORP COM 743315103 56,055 1,271,387 SH   SOLE   1,271,387 0 0
PROLOGIS INC COM 74340W103 81,194 1,384,614 SH   SOLE   1,384,614 0 0
PRUDENTIAL FINANCIAL COM 744320102 101,233 936,132 SH   SOLE   936,132 0 0
PUBLIC SERVICE ENTER COM 744573106 54,725 1,272,368 SH   SOLE   1,272,368 0 0
PUBLIC STORAGE COM 74460D109 70,649 338,793 SH   SOLE   338,793 0 0
PULTE GROUP INC. COM 745867101 14,114 575,387 SH   SOLE   575,387 0 0
PVH CORP COM 693656100 20,713 180,903 SH   SOLE   180,903 0 0
QIAGEN N.V. COM N72482123 10,833 323,084 SH   SOLE   323,084 0 0
QORVO INC COM 74736K101 16,178 255,490 SH   SOLE   255,490 0 0
QUALCOMM INC COM 747525103 173,490 3,141,789 SH   SOLE   3,141,789 0 0
QUEST DIAGNOSTICS COM 74834L100 36,253 326,133 SH   SOLE   326,133 0 0
QUINTILES IMS HOLDIN COM 74876Y101 25,284 282,500 SH   SOLE   282,500 0 0
RALPH LAUREN CORP-A COM 751212101 8,535 115,647 SH   SOLE   115,647 0 0
RANGE RESOURCES CORP COM 75281A109 11,298 487,606 SH   SOLE   487,606 0 0
RAYMOND JAMES FIN. COM 754730109 24,120 300,670 SH   SOLE   300,670 0 0
RAYTHEON COMPANY COM 755111507 102,157 632,630 SH   SOLE   632,630 0 0
REALTY INCOME CORP COM 756109104 36,651 664,212 SH   SOLE   664,212 0 0
RED HAT INC COM 756577102 34,722 362,629 SH   SOLE   362,629 0 0
REGENCY CENTERS CORP COM 758849103 19,381 309,407 SH   SOLE   309,407 0 0
REGENERON PHARMACEUT COM 75886F107 77,800 158,407 SH   SOLE   158,407 0 0
REGIONS FINANCIAL COM 7591EP100 36,477 2,491,589 SH   SOLE   2,491,589 0 0
REINSUR GRP OF AME. COM 759351604 18,489 144,008 SH   SOLE   144,008 0 0
RENAISSANCERE HLDGS COM G7496G103 22,029 158,425 SH   SOLE   158,425 0 0
REPUBLIC SERVICES COM 760759100 51,119 802,112 SH   SOLE   802,112 0 0
RESMED INC COM 761152107 40,400 518,819 SH   SOLE   518,819 0 0
REYNOLDS AMERICAN COM 761713106 136,483 2,098,454 SH   SOLE   2,098,454 0 0
RITCHIE BROS. AUCTIO COM 767744105 10,272 357,423 SH   SOLE   357,423 0 0
RITE AID COM 767754104 94 32,004 SH   SOLE   32,004 0 0
ROBERT HALF INTLINC COM 770323103 12,036 251,119 SH   SOLE   251,119 0 0
ROCKWELL AUTOMATION COM 773903109 44,330 273,710 SH   SOLE   273,710 0 0
ROCKWELL COLLINS COM 774341101 39,103 372,126 SH   SOLE   372,126 0 0
ROLLINS INC COM 775711104 8,403 206,412 SH   SOLE   206,412 0 0
ROPER TECHNOLOGIES I COM 776696106 47,585 205,522 SH   SOLE   205,522 0 0
ROSS STORES INC. COM 778296103 46,751 809,817 SH   SOLE   809,817 0 0
ROYAL CARIB CRUISES COM V7780T103 109,117 998,962 SH   SOLE   998,962 0 0
RYANAIR HLDGS (ADR) ADR 783513203 54,067 502,432 SH   SOLE   502,432 0 0
S&P GLOBAL INC COM 78409V104 76,871 526,551 SH   SOLE   526,551 0 0
SABRE CORP COM 78573M104 9,087 417,393 SH   SOLE   417,393 0 0
SALESFORCE.COM INC. COM 79466L302 134,149 1,549,062 SH   SOLE   1,549,062 0 0
SBA COMMUNICATIONS C COM 78410G104 35,026 259,645 SH   SOLE   259,645 0 0
SCANA CORP COM 80589M102 18,709 279,198 SH   SOLE   279,198 0 0
SCHLUMBERGER LIMITED COM 806857108 201,465 3,059,915 SH   SOLE   3,059,915 0 0
SCHWAB (CHAS) CORP COM 808513105 103,859 2,417,577 SH   SOLE   2,417,577 0 0
SCRIPPS NETWORKS 'A' COM 811065101 11,716 171,509 SH   SOLE   171,509 0 0
SEAGATE TECHNOLOGY COM G7945M107 23,362 602,898 SH   SOLE   602,898 0 0
SEALED AIR CORP. COM 81211K100 17,690 395,216 SH   SOLE   395,216 0 0
SEATTLE GENETICS INC COM 812578102 52,427 1,013,287 SH   SOLE   1,013,287 0 0
SEI INVESTMENTS CO COM 784117103 14,881 276,705 SH   SOLE   276,705 0 0
SEMPRA ENERGY COM 816851109 57,371 508,830 SH   SOLE   508,830 0 0
SENSATA TECH HLDG NV COM N7902X106 14,542 340,411 SH   SOLE   340,411 0 0
SERVICENOW INC. COM 81762P102 36,335 342,780 SH   SOLE   342,780 0 0
SHERWIN WILLIAMS COM 824348106 74,970 213,614 SH   SOLE   213,614 0 0
SIGNATURE BANK COM 82669G104 15,588 108,607 SH   SOLE   108,607 0 0
SIGNET JEWELERS LTD COM G81276100 7,838 123,939 SH   SOLE   123,939 0 0
SILICON MOTION(ADR) ADR 82706C108 2,030 42,100 SH   SOLE   42,100 0 0
SILICONWARE PREC(ADR ADR 827084864 430 53,908 SH   SOLE   53,908 0 0
SIMON PROPERTY(REIT) COM 828806109 105,292 650,918 SH   SOLE   650,918 0 0
SINA CORP COM G81477104 7,785 91,621 SH   SOLE   91,621 0 0
SIRIUS XM HOLDINGS COM 82968B103 18,429 3,369,188 SH   SOLE   3,369,188 0 0
SITEONE LANDSCAPE SU COM 82982L103 9,381 180,200 SH   SOLE   180,200 0 0
SKYWORKS SOLUTIONS COM 83088M102 36,279 378,106 SH   SOLE   378,106 0 0
SL GREEN REALTY CORP COM 78440X101 22,758 215,104 SH   SOLE   215,104 0 0
SMITH (A.O.) CORP. COM 831865209 16,137 286,478 SH   SOLE   286,478 0 0
SNAP-ONINC. COM 833034101 20,829 131,829 SH   SOLE   131,829 0 0
SOUTHERN CO. COM 842587107 114,020 2,381,361 SH   SOLE   2,381,361 0 0
SOUTHERN COPPER CORP COM 84265V105 4,962 143,278 SH   SOLE   143,278 0 0
SOUTHWEST AIRLINES COM 844741108 19,982 321,568 SH   SOLE   321,568 0 0
SOUTHWEST GAS HOLDIN COM 844895102 412 5,639 SH   SOLE   5,639 0 0
SPDR GOLD TRUST ETF 78463V107 22,306 189,000 SH   SOLE   189,000 0 0
SPDR S&P 500 ETF TRU ETF 78462F103 29,766 123,100 SH   SOLE   123,100 0 0
SPECTRUM BRANDS HLDG COM 84763R101 12,618 100,908 SH   SOLE   100,908 0 0
SPIRE INC COM 84857L101 398 5,709 SH   SOLE   5,709 0 0
SPLUNK INC. COM 848637104 30,138 529,754 SH   SOLE   529,754 0 0
SPRINT CORP COM 85207U105 12,978 1,580,769 SH   SOLE   1,580,769 0 0
SS&C TECHNOLOGIES HO COM 78467J100 13,170 342,880 SH   SOLE   342,880 0 0
STANLEY BLACK & DECK COM 854502101 42,999 305,544 SH   SOLE   305,544 0 0
STAPLES INC. COM 855030102 13,738 1,364,285 SH   SOLE   1,364,285 0 0
STARBUCKS CORP COM 855244109 177,028 3,035,974 SH   SOLE   3,035,974 0 0
STATE STREET CORP COM 857477103 71,487 796,693 SH   SOLE   796,693 0 0
STEEL DYNAMICS INC. COM 858119100 20,872 582,840 SH   SOLE   582,840 0 0
STERICYCLE INC. COM 858912108 26,149 342,626 SH   SOLE   342,626 0 0
STRYKER CORP COM 863667101 101,197 729,189 SH   SOLE   729,189 0 0
SUNTRUST BANKS INC COM 867914103 56,209 990,996 SH   SOLE   990,996 0 0
SUPERVALU INC COM 868536103 81 24,721 SH   SOLE   24,721 0 0
SVB FINANCIAL GROUP COM 78486Q101 18,350 104,385 SH   SOLE   104,385 0 0
SYMANTEC CORPORATION COM 871503108 35,373 1,252,138 SH   SOLE   1,252,138 0 0
SYNCHRONY FINANCIAL COM 87165B103 48,554 1,628,239 SH   SOLE   1,628,239 0 0
SYNOPSYS INC. COM 871607107 26,907 368,936 SH   SOLE   368,936 0 0
SYSCO CORPORATION COM 871829107 66,636 1,323,983 SH   SOLE   1,323,983 0 0
T ROWE PRICE GROUP COM 74144T108 37,168 500,845 SH   SOLE   500,845 0 0
TABLEAU SOFTWARE-A COM 87336U105 24,914 406,620 SH   SOLE   406,620 0 0
TAIWAN SEMICOND.(ADR ADR 874039100 67,408 1,928,140 SH   SOLE   1,928,140 0 0
TAL EDUCATION GR(ADR ADR 874080104 10,759 87,969 SH   SOLE   87,969 0 0
TARGA RESOURCES CORP COM 87612G101 22,156 490,179 SH   SOLE   490,179 0 0
TARGET CORP. COM 87612E106 57,568 1,100,931 SH   SOLE   1,100,931 0 0
TARO PHARMACEUTICAL COM M8737E108 3,158 28,183 SH   SOLE   28,183 0 0
TATA MOTORS (ADR) ADR 876568502 2,968 89,901 SH   SOLE   89,901 0 0
TD AMERITRADE HLDG COM 87236Y108 101,920 2,370,780 SH   SOLE   2,370,780 0 0
TE CONNECTIVITY LTD COM H84989104 59,423 755,243 SH   SOLE   755,243 0 0
TECH DATA CORP COM 878237106 260 2,578 SH   SOLE   2,578 0 0
TECHNIPFMC PLC COM G87110105 26,521 975,026 SH   SOLE   975,026 0 0
TELEFLEX, INC. COM 879369106 18,352 88,335 SH   SOLE   88,335 0 0
TELEFONICA BRA(ADR) ADR 87936R106 764 56,635 SH   SOLE   56,635 0 0
TELEKOMUNIKASI I(ADR ADR 715684106 741 22,000 SH   SOLE   22,000 0 0
TERADYNE INC COM 880770102 18,321 610,097 SH   SOLE   610,097 0 0
TESARO INC COM 881569107 10,428 74,560 SH   SOLE   74,560 0 0
TESLA INC COM 88160R101 272,658 754,012 SH   SOLE   754,012 0 0
TESORO CORPORATION COM 881609101 34,493 368,518 SH   SOLE   368,518 0 0
TEVA PHARMACEUT(ADR) ADR 881624209 60,370 1,817,292 SH   SOLE   1,817,292 0 0
TEXAS INSTRUMENTS COM 882508104 158,615 2,061,814 SH   SOLE   2,061,814 0 0
TEXTRON COM 883203101 25,890 549,686 SH   SOLE   549,686 0 0
THE HERSHEY COMPANY COM 427866108 33,250 309,681 SH   SOLE   309,681 0 0
THE MOSAIC COMPANY COM 61945C103 15,319 670,994 SH   SOLE   670,994 0 0
THERMO FISHER SCIENT COM 883556102 148,319 850,112 SH   SOLE   850,112 0 0
TIFFANY & CO. COM 886547108 48,680 518,589 SH   SOLE   518,589 0 0
TIM PARTICIPACOE(ADR ADR 88706P205 343 23,155 SH   SOLE   23,155 0 0
TIME WARNER INC COM 887317303 163,090 1,624,245 SH   SOLE   1,624,245 0 0
TJX COMPANIES COM 872540109 117,176 1,623,610 SH   SOLE   1,623,610 0 0
T-MOBILE US INC COM 872590104 35,349 583,126 SH   SOLE   583,126 0 0
TOLL BROTHERS INC. COM 889478103 13,221 334,614 SH   SOLE   334,614 0 0
TORCHMARK CORP COM 891027104 17,834 233,129 SH   SOLE   233,129 0 0
TOTAL SYSTEM SERVICE COM 891906109 19,476 334,352 SH   SOLE   334,352 0 0
TRACTOR SUPPLY CO COM 892356106 14,520 267,848 SH   SOLE   267,848 0 0
TRANSDIGM GROUP INC COM 893641100 28,589 106,330 SH   SOLE   106,330 0 0
TRANSOCEAN LTD. COM H8817H100 182 22,079 SH   SOLE   22,079 0 0
TRAVELERS COMPANIES COM 89417E109 76,182 602,083 SH   SOLE   602,083 0 0
TRIMBLE INC COM 896239100 17,752 497,662 SH   SOLE   497,662 0 0
TRIPADVISOR INC COM 896945201 24,907 652,004 SH   SOLE   652,004 0 0
TWENTY-FIRST CENT(A) COM 90130A101 60,256 2,126,197 SH   SOLE   2,126,197 0 0
TWENTY-FIRST CENT(B) COM 90130A200 24,865 892,192 SH   SOLE   892,192 0 0
TWITTER INC COM 90184L102 21,798 1,219,784 SH   SOLE   1,219,784 0 0
TYSON FOODS CL 'A' COM 902494103 47,785 762,976 SH   SOLE   762,976 0 0
U.S. BANCORP COM 902973304 185,155 3,566,162 SH   SOLE   3,566,162 0 0
UDR INC COM 902653104 25,062 643,106 SH   SOLE   643,106 0 0
UGI CORPORATION COM 902681105 16,619 343,287 SH   SOLE   343,287 0 0
ULTA BEAUTY INC COM 90384S303 34,503 120,077 SH   SOLE   120,077 0 0
ULTRAPAR PARTIC(ADR) ADR 90400P101 1,516 64,420 SH   SOLE   64,420 0 0
UNDER ARMOUR -CL A COM 904311107 27,018 1,241,635 SH   SOLE   1,241,635 0 0
UNDER ARMOUR CL-C COM 904311206 24,190 1,199,901 SH   SOLE   1,199,901 0 0
UNION PACIFIC COM 907818108 185,164 1,700,156 SH   SOLE   1,700,156 0 0
UNITED CONTINENTAL COM 910047109 12,280 163,194 SH   SOLE   163,194 0 0
UNITED MICROELEC(ADR ADR 910873405 535 219,428 SH   SOLE   219,428 0 0
UNITED PARCEL SRV-B COM 911312106 158,526 1,433,457 SH   SOLE   1,433,457 0 0
UNITED RENTALS INC. COM 911363109 20,036 177,762 SH   SOLE   177,762 0 0
UNITED TECHNOLOGIES COM 913017109 190,697 1,561,685 SH   SOLE   1,561,685 0 0
UNITED THERAPEUTICS COM 91307C102 11,322 87,275 SH   SOLE   87,275 0 0
UNITEDHEALTH GROUP COM 91324P102 387,497 2,089,834 SH   SOLE   2,089,834 0 0
UNIVERSAL HEALTH-B COM 913903100 21,736 178,050 SH   SOLE   178,050 0 0
UNUM GROUP COM 91529Y106 21,903 469,718 SH   SOLE   469,718 0 0
V.F. CORP COM 918204108 41,659 723,238 SH   SOLE   723,238 0 0
VAIL RESORTS, INC. COM 91879Q109 16,177 79,755 SH   SOLE   79,755 0 0
VALE SA (ADR) ADR 91912E105 385 44,000 SH   SOLE   44,000 0 0
VALERO ENERGY CORP. COM 91913Y100 72,619 1,076,481 SH   SOLE   1,076,481 0 0
VANTIV INC-CL A COM 92210H105 28,954 457,115 SH   SOLE   457,115 0 0
VARIAN MEDICAL SYSTE COM 92220P105 44,752 433,688 SH   SOLE   433,688 0 0
VCA INC COM 918194101 14,779 160,105 SH   SOLE   160,105 0 0
VEDANTA LTD(ADR) ADR 92242Y100 3,046 196,242 SH   SOLE   196,242 0 0
VEEVA SYSTEMS INC-A COM 922475108 13,019 212,343 SH   SOLE   212,343 0 0
VENTAS INC. COM 92276F100 50,345 724,599 SH   SOLE   724,599 0 0
VEREIT INC COM 92339V100 15,683 1,926,705 SH   SOLE   1,926,705 0 0
VERISIGN INC. COM 92343E102 17,976 193,371 SH   SOLE   193,371 0 0
VERISK ANALYTICS INC COM 92345Y106 69,028 818,158 SH   SOLE   818,158 0 0
VERIZON COMMUNICAT. COM 92343V104 404,437 9,055,903 SH   SOLE   9,055,903 0 0
VERTEX PHARMACEUTIC. COM 92532F100 84,842 658,355 SH   SOLE   658,355 0 0
VIACOM INC.CLS-B NEW COM 92553P201 23,601 703,035 SH   SOLE   703,035 0 0
VIPSHOP HLDG-ADS(ADR ADR 92763W103 7,068 669,981 SH   SOLE   669,981 0 0
VISA INC-CL A SHARES COM 92826C839 397,599 4,239,694 SH   SOLE   4,239,694 0 0
VMWARE INC. CLASS-A COM 928563402 15,223 174,118 SH   SOLE   174,118 0 0
VORNADO REALTY TRUST COM 929042109 31,938 340,127 SH   SOLE   340,127 0 0
VOYA FINANCIAL INC COM 929089100 14,810 401,465 SH   SOLE   401,465 0 0
VULCAN MATERIALS CO COM 929160109 33,559 264,909 SH   SOLE   264,909 0 0
W.R. GRACE AND CO. COM 38388F108 10,162 141,119 SH   SOLE   141,119 0 0
WABCO HOLDINGS INC COM 92927K102 13,474 105,670 SH   SOLE   105,670 0 0
WABTEC CORPORATION COM 929740108 57,044 623,437 SH   SOLE   623,437 0 0
WAL MART STORES INC. COM 931142103 254,429 3,361,906 SH   SOLE   3,361,906 0 0
WALGREENS BOOTS COM 931427108 153,369 1,958,487 SH   SOLE   1,958,487 0 0
WALT DISNEY CO COM 254687106 344,668 3,243,933 SH   SOLE   3,243,933 0 0
WASTE CONNECTIONS COM 94106B101 51,508 799,571 SH   SOLE   799,571 0 0
WASTE MANAGEMENT INC COM 94106L109 75,577 1,030,362 SH   SOLE   1,030,362 0 0
WATERS CORPORATION COM 941848103 87,449 475,680 SH   SOLE   475,680 0 0
WATSCOINC. COM 942622200 30,979 200,900 SH   SOLE   200,900 0 0
WAYFAIR INC- CLASS A COM 94419L101 49,239 640,460 SH   SOLE   640,460 0 0
WEATHERFORD INTERNAT COM G48833100 7,069 1,826,643 SH   SOLE   1,826,643 0 0
WEC ENERGY GROUP INC COM 92939U106 43,808 713,711 SH   SOLE   713,711 0 0
WEIBO CORP-SPON (ADR ADR 948596101 3,986 59,962 SH   SOLE   59,962 0 0
WELLS FARGO COMPANY COM 949746101 541,458 9,771,838 SH   SOLE   9,771,838 0 0
WELLTOWER INC COM 95040Q104 56,353 752,875 SH   SOLE   752,875 0 0
WESTAR ENERGY INC COM 95709T100 15,738 296,823 SH   SOLE   296,823 0 0
WESTERN DIGITAL CORP COM 958102105 56,259 634,981 SH   SOLE   634,981 0 0
WESTERN UNION COM. COM 959802109 18,796 986,680 SH   SOLE   986,680 0 0
WESTROCK CO COM 96145D105 29,311 517,315 SH   SOLE   517,315 0 0
WEYERHAEUSER COM 962166104 63,445 1,893,887 SH   SOLE   1,893,887 0 0
WGL HOLDINGS INC COM 92924F106 508 6,086 SH   SOLE   6,086 0 0
WHIRLPOOL CORP COM 963320106 28,585 149,178 SH   SOLE   149,178 0 0
WHOLE FOODS MARKET COM 966837106 26,792 636,248 SH   SOLE   636,248 0 0
WILLIAMS COMPANIES COM 969457100 54,181 1,789,338 SH   SOLE   1,789,338 0 0
WILLIS TOWERS WATSON COM G96629103 40,691 279,739 SH   SOLE   279,739 0 0
WIPRO LIMITED (ADR) ADR 97651M109 2,609 501,652 SH   SOLE   501,652 0 0
WORKDAY INC COM 98138H101 48,458 499,563 SH   SOLE   499,563 0 0
WYNDHAM WORLDWIDE CO COM 98310W108 22,634 225,420 SH   SOLE   225,420 0 0
WYNN RESORTS LIMITED COM 983134107 22,057 164,460 SH   SOLE   164,460 0 0
XCEL ENERGY INC COM 98389B100 52,390 1,141,895 SH   SOLE   1,141,895 0 0
XEROX COM 984121608 12,587 438,097 SH   SOLE   438,097 0 0
XILINX INC. COM 983919101 32,763 509,370 SH   SOLE   509,370 0 0
XL GROUP LTD COM G98294104 23,436 535,064 SH   SOLE   535,064 0 0
XYLEM INC. COM 98419M100 19,873 358,527 SH   SOLE   358,527 0 0
YANDEX NV-A COM N97284108 18,221 694,410 SH   SOLE   694,410 0 0
YUM CHINA HOLDINGS I COM 98850P109 29,381 745,150 SH   SOLE   745,150 0 0
YUM! BRANDS INC COM 988498101 49,366 669,275 SH   SOLE   669,275 0 0
YY INC(ADR) ADR 98426T106 3,044 52,460 SH   SOLE   52,460 0 0
ZAYO GROUP HOLDINGS COM 98919V105 11,256 364,271 SH   SOLE   364,271 0 0
ZILLOW GROUP INC - C COM 98954M200 20,204 412,250 SH   SOLE   412,250 0 0
ZILLOW INC.-A COM 98954M101 2,983 61,068 SH   SOLE   61,068 0 0
ZIMMER BIOMET HOLDIN COM 98956P102 51,351 399,927 SH   SOLE   399,927 0 0
ZIONS BANCORPORATION COM 989701107 17,804 405,463 SH   SOLE   405,463 0 0
ZOETIS INC COM 98978V103 60,918 976,559 SH   SOLE   976,559 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 185,120 8,000,000 SH   SOLE   8,000,000 0 0
ISHARES GOLD TRUST ISHARES 464285105 28,692 2,400,000 SH   SOLE   2,400,000 0 0
SPDR SER TR BLOOMBERG SRT TR 78468R408 27,970 1,000,000 SH   SOLE   1,000,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 9,988 241,315 SH   SOLE   241,315 0 0
ISHARES TR MBS ETF 464288588 10,692 100,000 SH   SOLE   100,000 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 12,730 59,700 SH   SOLE   59,700 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 826 6,000 SH   SOLE   6,000 0 0