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 185,786 1,233,313 SH   SOLE   1,233,313 0 0
58.COM INC-ADR(ADR) ADR 31680Q104 2,137 32,400 SH   SOLE   32,400 0 0
ABBOTT LABORATORIES COM 002824100 142,180 3,165,883 SH   SOLE   3,165,883 0 0
ABBVIE INC COM 00287Y109 213,586 3,605,440 SH   SOLE   3,605,440 0 0
ABIOMED INC. COM 003654100 19,835 219,710 SH   SOLE   219,710 0 0
ACCENTURE PLC CL-A COM G1151C101 128,710 1,231,675 SH   SOLE   1,231,675 0 0
ACE LIMITED COM H0023R105 80,567 689,494 SH   SOLE   689,494 0 0
ACTIVISION BLIZZARD COM 00507V109 38,942 1,005,984 SH   SOLE   1,005,984 0 0
ACUITY BRANDS INC. COM 00508Y102 19,881 85,035 SH   SOLE   85,035 0 0
ADOBE SYSTEMS INC. COM 00724F101 91,853 977,785 SH   SOLE   977,785 0 0
ADVANCE AUTO PARTS COM 00751Y106 21,516 142,956 SH   SOLE   142,956 0 0
ADVANCED SEMI (ADR) ADR 00756M404 540 95,231 SH   SOLE   95,231 0 0
AECOM COM 00766T100 15,251 507,850 SH   SOLE   507,850 0 0
AERCAP HOLDINGS NV COM N00985106 7,423 171,994 SH   SOLE   171,994 0 0
AES CORPORATION COM 00130H105 13,171 1,376,271 SH   SOLE   1,376,271 0 0
AETNA INC-NEW COM 00817Y108 92,467 855,225 SH   SOLE   855,225 0 0
AFFILIATED MANAGERS COM 008252108 27,295 170,852 SH   SOLE   170,852 0 0
AFLAC INC. COM 001055102 51,140 853,757 SH   SOLE   853,757 0 0
AGCO CORPORATION COM 001084102 6,534 143,953 SH   SOLE   143,953 0 0
AGILENT TECHNOLOGIES COM 00846U101 26,752 639,847 SH   SOLE   639,847 0 0
AGL RESOURCES INC. COM 001204106 16,001 250,765 SH   SOLE   250,765 0 0
AIR PRODUCTS & CHEM. COM 009158106 52,020 399,813 SH   SOLE   399,813 0 0
AIRGAS INC. COM 009363102 18,021 130,283 SH   SOLE   130,283 0 0
AKAMAI TECHNOLOGIES COM 00971T101 18,452 350,603 SH   SOLE   350,603 0 0
ALBEMARLE CORP COM 012653101 12,359 220,655 SH   SOLE   220,655 0 0
ALCOA INC. COM 013817101 25,621 2,595,842 SH   SOLE   2,595,842 0 0
ALEXION PHARMACEUTIC COM 015351109 83,548 437,999 SH   SOLE   437,999 0 0
ALIBABA GROUP HO(ADR ADR 01609W102 113,008 1,390,530 SH   SOLE   1,390,530 0 0
ALKERMES PLC COM G01767105 22,811 287,368 SH   SOLE   287,368 0 0
ALLEGHANY CORP COM 017175100 23,886 49,977 SH   SOLE   49,977 0 0
ALLERGAN PLC COM G0177J108 260,543 833,738 SH   SOLE   833,738 0 0
ALLIANCE DATA SYSTEM COM 018581108 50,803 183,689 SH   SOLE   183,689 0 0
ALLIANT ENERGY CORP COM 018802108 14,290 228,824 SH   SOLE   228,824 0 0
ALLSTATE CORP COM 020002101 49,607 798,953 SH   SOLE   798,953 0 0
ALLY FINANCIAL INC COM 02005N100 19,038 1,021,362 SH   SOLE   1,021,362 0 0
ALNYLAM PHARMACEUTIC COM 02043Q107 20,841 221,383 SH   SOLE   221,383 0 0
ALPHABET INC/CA-CL A COM 02079K305 527,638 678,189 SH   SOLE   678,189 0 0
ALPHABET INC/CA-CL C COM 02079K107 589,477 776,773 SH   SOLE   776,773 0 0
ALTRIA GROUP INC COM 02209S103 253,829 4,360,577 SH   SOLE   4,360,577 0 0
AMAZON.COM INC. COM 023135106 778,733 1,152,160 SH   SOLE   1,152,160 0 0
AMERCO INC COM 023586100 6,130 15,739 SH   SOLE   15,739 0 0
AMEREN CORPORATION COM 023608102 21,241 491,349 SH   SOLE   491,349 0 0
AMERICA MOVIL(ADR)-L ADR 02364W105 6,580 467,994 SH   SOLE   467,994 0 0
AMERICAN AIRLINES GR COM 02376R102 14,275 337,075 SH   SOLE   337,075 0 0
AMERICAN CAP AGENCY COM 02503X105 13,428 774,377 SH   SOLE   774,377 0 0
AMERICAN ELECTRIC PO COM 025537101 79,368 1,362,073 SH   SOLE   1,362,073 0 0
AMERICAN EXPRESS CO. COM 025816109 165,669 2,382,006 SH   SOLE   2,382,006 0 0
AMERICAN INTL GROUP COM 026874784 171,252 2,763,473 SH   SOLE   2,763,473 0 0
AMERICAN TOWER CORP COM 03027X100 91,917 948,089 SH   SOLE   948,089 0 0
AMERICAN WATER WORKS COM 030420103 34,796 582,362 SH   SOLE   582,362 0 0
AMERIPRISE FINANCIAL COM 03076C106 40,887 384,200 SH   SOLE   384,200 0 0
AMERISOURCEBERGEN COM 03073E105 50,265 484,666 SH   SOLE   484,666 0 0
AMETEK INC. COM 031100100 25,607 477,840 SH   SOLE   477,840 0 0
AMGEN COM 031162100 264,903 1,631,878 SH   SOLE   1,631,878 0 0
AMN HEALTHCARE SERV. COM 001744101 3,201 103,100 SH   SOLE   103,100 0 0
AMPHENOL CORP 'A' COM 032095101 31,081 595,073 SH   SOLE   595,073 0 0
ANADARKO PETROLEUM COM 032511107 48,444 997,197 SH   SOLE   997,197 0 0
ANALOG DEVICES INC COM 032654105 34,044 615,408 SH   SOLE   615,408 0 0
ANNALY CAPITAL MGMT COM 035710409 20,352 2,169,690 SH   SOLE   2,169,690 0 0
ANSYS INC. COM 03662Q105 16,916 182,879 SH   SOLE   182,879 0 0
ANTERO RESOURCES COR COM 03674X106 3,371 154,618 SH   SOLE   154,618 0 0
ANTHEM INC. COM 036752103 108,629 779,034 SH   SOLE   779,034 0 0
AON PLC COM G0408V102 50,587 548,604 SH   SOLE   548,604 0 0
APACHE CORPORATION COM 037411105 43,006 967,089 SH   SOLE   967,089 0 0
APPLE INC COM 037833100 1,283,429 12,192,941 SH   SOLE   12,192,941 0 0
APPLIED MATERIALS COM 038222105 49,841 2,669,589 SH   SOLE   2,669,589 0 0
AQUA AMERICA INC. COM 03836W103 530 17,783 SH   SOLE   17,783 0 0
ARAMARK COM 03852U106 13,853 429,543 SH   SOLE   429,543 0 0
ARCH CAPITAL GRP LTD COM G0450A105 25,577 366,690 SH   SOLE   366,690 0 0
ARCHER DANIELS MDLND COM 039483102 50,993 1,390,215 SH   SOLE   1,390,215 0 0
ARROW ELECTRONICS COM 042735100 10,379 191,568 SH   SOLE   191,568 0 0
ASHLAND INC. COM 044209104 13,439 130,859 SH   SOLE   130,859 0 0
ASSURANT INC COM 04621X108 11,182 138,835 SH   SOLE   138,835 0 0
AT & T INC. COM 00206R102 465,458 13,526,830 SH   SOLE   13,526,830 0 0
ATMOS ENERGY CORP. COM 049560105 757 12,015 SH   SOLE   12,015 0 0
AU OPTRONICS CO(ADR) ADR 002255107 282 96,755 SH   SOLE   96,755 0 0
AUTODESK INC. COM 052769106 27,033 443,678 SH   SOLE   443,678 0 0
AUTOHOME INC-ADR ADR 05278C107 4,626 132,460 SH   SOLE   132,460 0 0
AUTOLIV INC. COM 052800109 21,560 172,798 SH   SOLE   172,798 0 0
AUTOMATIC DATA PROCE COM 053015103 81,732 964,725 SH   SOLE   964,725 0 0
AUTONATION INC. COM 05329W102 8,840 148,178 SH   SOLE   148,178 0 0
AUTOZONE INC COM 053332102 52,081 70,199 SH   SOLE   70,199 0 0
AVAGO TECHNOLOGIES COM Y0486S104 82,873 570,946 SH   SOLE   570,946 0 0
AVALONBAY COMM. INC. COM 053484101 51,317 278,699 SH   SOLE   278,699 0 0
AVERY-DENNISON CORP COM 053611109 11,597 185,072 SH   SOLE   185,072 0 0
AVNET INC COM 053807103 16,381 382,378 SH   SOLE   382,378 0 0
AVON PRODUCTS COM 054303102 76 18,646 SH   SOLE   18,646 0 0
AXALTA COATING SYSTE COM G0750C108 7,900 296,450 SH   SOLE   296,450 0 0
AXIS CAPITAL HLDGS. COM G0692U109 12,725 226,342 SH   SOLE   226,342 0 0
B/E AEROSPACE INC. COM 073302101 9,017 212,825 SH   SOLE   212,825 0 0
BAIDU INC.(ADR) ADR 056752108 111,001 587,180 SH   SOLE   587,180 0 0
BAKER HUGHES INC. COM 057224107 39,707 860,397 SH   SOLE   860,397 0 0
BALL CORPORATION COM 058498106 18,678 256,814 SH   SOLE   256,814 0 0
BANCO DE CHILE (ADR) ADR 059520106 1,248 21,012 SH   SOLE   21,012 0 0
BANCO SANT (ADS) ADR 05967A107 245 63,000 SH   SOLE   63,000 0 0
BANCO SANT.CHILE(ADR ADR 05965X109 1,032 58,529 SH   SOLE   58,529 0 0
BANCOLOMBIA SA (ADR) ADR 05968L102 1,835 68,604 SH   SOLE   68,604 0 0
BANK OF AMERICA CORP COM 060505104 361,629 21,487,178 SH   SOLE   21,487,178 0 0
BANK OF NY MELLON CO COM 064058100 95,353 2,313,264 SH   SOLE   2,313,264 0 0
BARCLAYS ETN+ DYN VEQTORTM ETF 06740C337 158,863 1,151,700 SH   SOLE   1,151,700 0 0
BARD C.R. INC COM 067383109 28,862 152,352 SH   SOLE   152,352 0 0
BAXALTA INC COM 07177M103 51,783 1,326,753 SH   SOLE   1,326,753 0 0
BAXTER INTERNATIONAL COM 071813109 42,852 1,123,255 SH   SOLE   1,123,255 0 0
BB & T CORP. COM 054937107 58,386 1,544,191 SH   SOLE   1,544,191 0 0
BECTON DICKINSON & COM 075887109 66,459 431,302 SH   SOLE   431,302 0 0
BED BATH & BEYOND COM 075896100 16,695 346,008 SH   SOLE   346,008 0 0
BERKLEY (WR) CORP COM 084423102 12,003 219,241 SH   SOLE   219,241 0 0
BERKSHIRE HATHAWAY'A COM 084670108 1,582 8 SH   SOLE   8 0 0
BERKSHIRE HATHAWAY'B COM 084670702 351,138 2,659,331 SH   SOLE   2,659,331 0 0
BEST BUY COMPANY INC COM 086516101 18,876 619,892 SH   SOLE   619,892 0 0
BIOGEN INC COM 09062X103 153,772 501,950 SH   SOLE   501,950 0 0
BIOMARIN PHARM. INC. COM 09061G101 32,882 313,878 SH   SOLE   313,878 0 0
BLACKHAWK NETWORK COM 09238E104 3,979 90,000 SH   SOLE   90,000 0 0
BLACKROCK INC. COM 09247X101 81,920 240,572 SH   SOLE   240,572 0 0
BLOCK (H&R) COM 093671105 15,731 472,274 SH   SOLE   472,274 0 0
BLUEBIRD BIO INC COM 09609G100 10,522 163,850 SH   SOLE   163,850 0 0
BOEING CO. COM 097023105 189,144 1,308,143 SH   SOLE   1,308,143 0 0
BORGWARNER INC COM 099724106 19,815 458,356 SH   SOLE   458,356 0 0
BOSTON PROPERTIES COM 101121101 38,277 300,118 SH   SOLE   300,118 0 0
BOSTON SCIENTIFIC COM 101137107 48,544 2,632,551 SH   SOLE   2,632,551 0 0
BRASKEM S.A.(ADR) ADR 105532105 312 23,056 SH   SOLE   23,056 0 0
BRF SA (ADR) ADR 10552T107 3,046 220,438 SH   SOLE   220,438 0 0
BRISTOL MYERS SQUIBB COM 110122108 230,904 3,356,651 SH   SOLE   3,356,651 0 0
BRIXMOR PROPERTY GRO COM 11120U105 9,260 358,653 SH   SOLE   358,653 0 0
BROADCOM CORP-CL'A' COM 111320107 67,207 1,162,350 SH   SOLE   1,162,350 0 0
BROADRIDGE FINANCIAL COM 11133T103 8,011 149,100 SH   SOLE   149,100 0 0
BROWN-FORMAN -CL B COM 115637209 39,795 400,841 SH   SOLE   400,841 0 0
BUNGE LIMITED COM G16962105 19,424 284,480 SH   SOLE   284,480 0 0
C.H. ROBINSON WORLDW COM 12541W209 55,284 891,396 SH   SOLE   891,396 0 0
CA INC. COM 12673P105 19,091 668,457 SH   SOLE   668,457 0 0
CABLEVISION SYS.NY-A COM 12686C109 12,474 391,021 SH   SOLE   391,021 0 0
CABOT OIL & GAS CO.A COM 127097103 14,052 794,348 SH   SOLE   794,348 0 0
CALIFORNIA RES CORP COM 13057Q107 60 25,904 SH   SOLE   25,904 0 0
CALPINE CORPORATION COM 131347304 9,937 686,717 SH   SOLE   686,717 0 0
CAMDEN PROPERTY TRUS COM 133131102 13,682 178,246 SH   SOLE   178,246 0 0
CAMERON INTERNATL CO COM 13342B105 23,804 376,639 SH   SOLE   376,639 0 0
CAMPBELL SOUP COM 134429109 20,207 384,536 SH   SOLE   384,536 0 0
CAPITAL ONE FINANCIA COM 14040H105 86,449 1,197,681 SH   SOLE   1,197,681 0 0
CARDINAL HEALTH INC. COM 14149Y108 71,889 805,294 SH   SOLE   805,294 0 0
CARMAX INC COM 143130102 69,285 1,283,778 SH   SOLE   1,283,778 0 0
CARNIVAL CORP COM 143658300 44,774 821,845 SH   SOLE   821,845 0 0
CATERPILLAR COM 149123101 76,534 1,126,169 SH   SOLE   1,126,169 0 0
CBRE GROUP INC-A COM 12504L109 19,791 572,315 SH   SOLE   572,315 0 0
CBS CORP.CLASS-B COM 124857202 49,258 1,045,155 SH   SOLE   1,045,155 0 0
CDK GLOBAL INC COM 12508E101 12,876 271,252 SH   SOLE   271,252 0 0
CDW CORP/DE COM 12514G108 12,130 288,534 SH   SOLE   288,534 0 0
CELANESE CORP-A COM 150870103 23,513 349,222 SH   SOLE   349,222 0 0
CELGENE CORP. COM 151020104 203,523 1,699,424 SH   SOLE   1,699,424 0 0
CEMEX SAB(ADR)PART ADR 151290889 1,473 264,412 SH   SOLE   264,412 0 0
CEMIG (ADR) ADR 204409601 302 201,558 SH   SOLE   201,558 0 0
CENTENE CORPORATION COM 15135B101 14,640 222,460 SH   SOLE   222,460 0 0
CENTERPOINT ENERGY COM 15189T107 16,363 891,235 SH   SOLE   891,235 0 0
CENTURYLINK INC. COM 156700106 36,633 1,456,014 SH   SOLE   1,456,014 0 0
CERNER CORPORATION COM 156782104 36,236 602,228 SH   SOLE   602,228 0 0
CF INDUSTRIES HOLDIN COM 125269100 18,663 457,309 SH   SOLE   457,309 0 0
CHARTER COMM.-A COM 16117M305 29,921 163,416 SH   SOLE   163,416 0 0
CHECK POINT SOFTWARE COM M22465104 10,987 135,006 SH   SOLE   135,006 0 0
CHENIERE ENERGY INC COM 16411R208 17,038 457,402 SH   SOLE   457,402 0 0
CHESAPEAKE ENERGY CO COM 165167107 5,297 1,177,165 SH   SOLE   1,177,165 0 0
CHEVRON CORP COM 166764100 357,746 3,976,721 SH   SOLE   3,976,721 0 0
CHICAGO BRIDGE & IRN COM 167250109 7,223 185,247 SH   SOLE   185,247 0 0
CHIPOTLE MEXICAN COM 169656105 45,592 95,014 SH   SOLE   95,014 0 0
CHUBB CORP. COM 171232101 62,883 474,085 SH   SOLE   474,085 0 0
CHUNGHWA TELECOM(ADR ADR 17133Q502 4,841 161,204 SH   SOLE   161,204 0 0
CHURCH & DWIGHT CO. COM 171340102 24,190 284,986 SH   SOLE   284,986 0 0
CIA BRASI(ADR)(PFD ADR 20440T201 312 29,645 SH   SOLE   29,645 0 0
CIA CERVECERIAS(ADR) ADR 204429104 1,850 85,405 SH   SOLE   85,405 0 0
CIA SANEAMENTO (ADR) ADR 20441A102 534 116,174 SH   SOLE   116,174 0 0
CIA SIDERURGICA(ADR) ADR 20440W105 211 216,200 SH   SOLE   216,200 0 0
CIGNA CORP. COM 125509109 78,502 536,474 SH   SOLE   536,474 0 0
CIMAREX ENERGY CO COM 171798101 16,392 183,400 SH   SOLE   183,400 0 0
CINCINNATI FINANCIAL COM 172062101 18,351 310,137 SH   SOLE   310,137 0 0
CINTAS CORP. COM 172908105 18,541 203,630 SH   SOLE   203,630 0 0
CISCO SYSTEMS INC COM 17275R102 307,573 11,326,573 SH   SOLE   11,326,573 0 0
CIT GROUP INC. COM 125581801 13,524 340,655 SH   SOLE   340,655 0 0
CITIGROUP INC. COM 172967424 339,665 6,563,582 SH   SOLE   6,563,582 0 0
CITIZENS FINANCIAL G COM 174610105 26,601 1,015,681 SH   SOLE   1,015,681 0 0
CITRIX SYSTEMS INC. COM 177376100 23,751 313,962 SH   SOLE   313,962 0 0
CLIFFS NATURAL RES. COM 18683K101 29 18,128 SH   SOLE   18,128 0 0
CLOROX COMPANY COM 189054109 35,192 277,471 SH   SOLE   277,471 0 0
CME GROUP INC. COM 12572Q105 64,826 715,518 SH   SOLE   715,518 0 0
CMS ENERGY CORP COM 125896100 23,648 655,444 SH   SOLE   655,444 0 0
COACH INC. COM 189754104 18,000 549,964 SH   SOLE   549,964 0 0
COCA-COLA COMPANY COM 191216100 368,877 8,586,522 SH   SOLE   8,586,522 0 0
COCA-COLA ENTERPRISE COM 19122T109 21,030 427,101 SH   SOLE   427,101 0 0
COCA-COLA FEMSA(ADR) ADR 191241108 627 8,860 SH   SOLE   8,860 0 0
COGNIZANT TECH CL-A COM 192446102 71,441 1,190,293 SH   SOLE   1,190,293 0 0
COLGATE PALMOLIVE COM 194162103 150,495 2,259,004 SH   SOLE   2,259,004 0 0
COLUMBIA PIPELINE GR COM 198280109 13,885 694,246 SH   SOLE   694,246 0 0
COMCAST CORP CL-A COM 20030N101 304,375 5,393,842 SH   SOLE   5,393,842 0 0
COMERICA INC COM 200340107 14,466 345,837 SH   SOLE   345,837 0 0
CONAGRA FOODS INC COM 205887102 48,210 1,143,508 SH   SOLE   1,143,508 0 0
CONCHO RESOURCES INC COM 20605P101 23,170 249,512 SH   SOLE   249,512 0 0
CONOCOPHILLIPS COM 20825C104 121,268 2,597,305 SH   SOLE   2,597,305 0 0
CONSOLIDATED EDISON COM 209115104 45,615 709,740 SH   SOLE   709,740 0 0
CONSTELLATION BRND-A COM 21036P108 47,916 336,392 SH   SOLE   336,392 0 0
CONTINENTAL RESOURCE COM 212015101 4,081 177,575 SH   SOLE   177,575 0 0
COOPER COMPANIES INC COM 216648402 19,299 143,811 SH   SOLE   143,811 0 0
COPEL (ADR) ADR 20441B407 150 25,530 SH   SOLE   25,530 0 0
CORE LABORATORIES COM N22717107 9,052 83,246 SH   SOLE   83,246 0 0
CORNING INC. COM 219350105 44,737 2,447,326 SH   SOLE   2,447,326 0 0
COSTCO WHOLESALE CO. COM 22160K105 146,966 910,004 SH   SOLE   910,004 0 0
CPFL ENERGIA SA(ADR) ADR 126153105 171 23,090 SH   SOLE   23,090 0 0
CREDICORP LIMITED COM G2519Y108 9,615 98,800 SH   SOLE   98,800 0 0
CROWN CASTLE INTL CO COM 22822V101 82,730 956,966 SH   SOLE   956,966 0 0
CROWN HOLDINGS INC COM 228368106 13,816 272,508 SH   SOLE   272,508 0 0
CSX COM 126408103 54,492 2,099,902 SH   SOLE   2,099,902 0 0
CTRIP.COM INTL (ADR) ADR 22943F100 50,892 1,098,470 SH   SOLE   1,098,470 0 0
CUMMINS INC COM 231021106 30,098 341,988 SH   SOLE   341,988 0 0
CVS HEALTH CORPORATI COM 126650100 240,075 2,455,503 SH   SOLE   2,455,503 0 0
D.R. HORTON INC. COM 23331A109 21,124 659,498 SH   SOLE   659,498 0 0
DANAHER CORP COM 235851102 111,690 1,202,515 SH   SOLE   1,202,515 0 0
DARDEN RESTAURANTS COM 237194105 14,536 228,406 SH   SOLE   228,406 0 0
DAVITA HEALTHCARE COM 23918K108 25,188 361,319 SH   SOLE   361,319 0 0
DEERE & CO. COM 244199105 47,251 619,528 SH   SOLE   619,528 0 0
DELPHI AUTOMOTIVE COM G27823106 48,074 560,755 SH   SOLE   560,755 0 0
DELTA AIR LINES INC COM 247361702 20,072 395,985 SH   SOLE   395,985 0 0
DELUXE CORPORATION COM 248019101 14,345 263,022 SH   SOLE   263,022 0 0
DENBURY RESOURCES COM 247916208 22 11,078 SH   SOLE   11,078 0 0
DENTSPLY INTL INC. COM 249030107 16,931 278,244 SH   SOLE   278,244 0 0
DEPOMED INC. COM 249908104 3,425 188,900 SH   SOLE   188,900 0 0
DEVON ENERGY CORP. COM 25179M103 28,269 883,413 SH   SOLE   883,413 0 0
DICK'S SPORTING GDS COM 253393102 6,478 183,257 SH   SOLE   183,257 0 0
DIGITAL REALTY TRUST COM 253868103 24,274 320,996 SH   SOLE   320,996 0 0
DISCOVER FINANCIAL COM 254709108 57,365 1,069,841 SH   SOLE   1,069,841 0 0
DISCOVERY COMMU CL-A COM 25470F104 14,545 545,155 SH   SOLE   545,155 0 0
DISCOVERY COMMU CL-C COM 25470F302 13,688 542,744 SH   SOLE   542,744 0 0
DISH NETWORK CORP-A COM 25470M109 25,367 443,640 SH   SOLE   443,640 0 0
DOLBY LABORATO.-CL A COM 25659T107 6,080 180,680 SH   SOLE   180,680 0 0
DOLLAR GENERAL CORP COM 256677105 42,330 588,979 SH   SOLE   588,979 0 0
DOLLAR TREE INC COM 256746108 39,360 509,714 SH   SOLE   509,714 0 0
DOMINION RESOURCES COM 25746U109 107,879 1,594,896 SH   SOLE   1,594,896 0 0
DONALDSON COMPANY COM 257651109 17,884 624,002 SH   SOLE   624,002 0 0
DOVER CORP COM 260003108 18,922 308,621 SH   SOLE   308,621 0 0
DOW CHEMICAL COM 260543103 122,032 2,370,465 SH   SOLE   2,370,465 0 0
DR PEPPER SNAPPLE COM 26138E109 36,075 387,075 SH   SOLE   387,075 0 0
DR. REDDY'S LAB(ADR) ADR 256135203 1,529 33,034 SH   SOLE   33,034 0 0
DTE ENERGY COMPANY COM 233331107 37,851 472,020 SH   SOLE   472,020 0 0
DU PONT (E.I.) COM 263534109 118,294 1,776,185 SH   SOLE   1,776,185 0 0
DUKE ENERGY CORP. COM 26441C204 118,413 1,658,683 SH   SOLE   1,658,683 0 0
DUKE REALTY CORP COM 264411505 13,947 663,507 SH   SOLE   663,507 0 0
DUN & BRADSTREET COM 26483E100 7,028 67,621 SH   SOLE   67,621 0 0
E TRADE FINANCIAL CO COM 269246401 23,405 789,632 SH   SOLE   789,632 0 0
EASTMAN CHEMICAL COM 277432100 19,950 295,515 SH   SOLE   295,515 0 0
EATON CORP PLC COM G29183103 64,845 1,246,066 SH   SOLE   1,246,066 0 0
EATON VANCE CORP COM 278265103 7,384 227,688 SH   SOLE   227,688 0 0
EBAY INC COM 278642103 78,778 2,866,745 SH   SOLE   2,866,745 0 0
ECOLAB INC COM 278865100 59,816 522,961 SH   SOLE   522,961 0 0
EDGEWELL PERSONAL COM 28035Q102 9,610 122,620 SH   SOLE   122,620 0 0
EDISON INTERNATIONAL COM 281020107 38,220 645,494 SH   SOLE   645,494 0 0
EDWARDS LIFESCIENCES COM 28176E108 33,279 421,356 SH   SOLE   421,356 0 0
ELECTRONIC ARTS COM 285512109 41,704 606,875 SH   SOLE   606,875 0 0
ELETROBRAS-ADR C ADR 15234Q207 15 11,300 SH   SOLE   11,300 0 0
ELETROBRAS-ADR P ADR 15234Q108 204 79,100 SH   SOLE   79,100 0 0
EMBRAER SA (ADR) ADR 29082A107 4,564 154,506 SH   SOLE   154,506 0 0
EMC CORP-MASS COM 268648102 97,060 3,779,593 SH   SOLE   3,779,593 0 0
EMERSON ELECTRIC COM 291011104 62,565 1,308,063 SH   SOLE   1,308,063 0 0
EMPRESA NAC ELEC(ADR ADR 29244T101 1,339 36,144 SH   SOLE   36,144 0 0
ENDO INTERNATIONAL P COM G30401106 25,630 418,654 SH   SOLE   418,654 0 0
ENERGEN CORP COM 29265N108 6,331 154,461 SH   SOLE   154,461 0 0
ENERSIS S.A. (ADR) ADR 29274F104 1,458 119,997 SH   SOLE   119,997 0 0
ENSCO PLC CL-A COM G3157S106 7,247 470,909 SH   SOLE   470,909 0 0
ENTERGY CORP NEW COM 29364G103 26,883 393,250 SH   SOLE   393,250 0 0
ENVISION HEALTHCR HL COM 29413U103 9,636 371,027 SH   SOLE   371,027 0 0
EOG RESOURCES INC. COM 26875P101 133,214 1,881,822 SH   SOLE   1,881,822 0 0
EQT CORPORATION COM 26884L109 15,578 298,829 SH   SOLE   298,829 0 0
EQUIFAX INC. COM 294429105 26,051 233,918 SH   SOLE   233,918 0 0
EQUINIX INC COM 29444U700 34,512 114,127 SH   SOLE   114,127 0 0
EQUITY RESIDENTIAL COM 29476L107 59,546 729,820 SH   SOLE   729,820 0 0
ESSEX PROPERTY TRUST COM 297178105 31,172 130,205 SH   SOLE   130,205 0 0
ESTEE LAUDER CO.CL-A COM 518439104 55,625 631,673 SH   SOLE   631,673 0 0
EVEREST RE GROUP LTD COM G3223R108 21,084 115,157 SH   SOLE   115,157 0 0
EVERSOURCE ENERGY COM 30040W108 34,069 667,097 SH   SOLE   667,097 0 0
EXELON CORPORATION COM 30161N101 51,510 1,854,869 SH   SOLE   1,854,869 0 0
EXPEDIA INC. COM 30212P303 25,249 203,129 SH   SOLE   203,129 0 0
EXPEDITORS INTL WASH COM 302130109 17,234 382,125 SH   SOLE   382,125 0 0
EXPRESS SCRIPTS HOLD COM 30219G108 129,713 1,483,961 SH   SOLE   1,483,961 0 0
EXTRA SPACE STORAGE COM 30225T102 20,219 229,210 SH   SOLE   229,210 0 0
EXXON MOBIL CORP. COM 30231G102 664,352 8,522,792 SH   SOLE   8,522,792 0 0
F M C CORP COM 302491303 10,295 263,102 SH   SOLE   263,102 0 0
F5 NETWORKS INC. COM 315616102 13,656 140,841 SH   SOLE   140,841 0 0
FACEBOOK INC-A COM 30303M102 579,213 5,534,236 SH   SOLE   5,534,236 0 0
FASTENAL COMPANY COM 311900104 45,292 1,109,549 SH   SOLE   1,109,549 0 0
FEDERAL REALTY INVT COM 313747206 22,512 154,087 SH   SOLE   154,087 0 0
FEDEX CORPORATION COM 31428X106 95,406 640,351 SH   SOLE   640,351 0 0
FIBRIA CEL SA (ADR) ADR 31573A109 946 74,511 SH   SOLE   74,511 0 0
FIDELITY NATIONAL IN COM 31620M106 34,041 561,733 SH   SOLE   561,733 0 0
FIFTH THIRD BANCORP COM 316773100 31,905 1,587,330 SH   SOLE   1,587,330 0 0
FINANCIAL ENGINES COM 317485100 6,406 190,260 SH   SOLE   190,260 0 0
FIREEYE INC COM 31816Q101 5,863 282,695 SH   SOLE   282,695 0 0
FIRST REPUBLIC BANK COM 33616C100 110,817 1,677,526 SH   SOLE   1,677,526 0 0
FIRSTENERGY CORP. COM 337932107 26,684 840,980 SH   SOLE   840,980 0 0
FISERV INC. COM 337738108 42,548 465,208 SH   SOLE   465,208 0 0
FLEETCOR TECHNOLOGIE COM 339041105 21,786 152,421 SH   SOLE   152,421 0 0
FLEXTRONICS INTL LTD COM Y2573F102 12,407 1,106,817 SH   SOLE   1,106,817 0 0
FLIR SYSTEMS INC. COM 302445101 7,783 277,262 SH   SOLE   277,262 0 0
FLOWSERVE CORP. COM 34354P105 11,352 269,780 SH   SOLE   269,780 0 0
FLUOR CORP COM 343412102 13,765 291,514 SH   SOLE   291,514 0 0
FMC TECHNOLOGIES INC COM 30249U101 13,135 452,759 SH   SOLE   452,759 0 0
FNF GROUP COM 31620R303 16,814 484,984 SH   SOLE   484,984 0 0
FOMENTO ECONO (ADR) ADR 344419106 5,282 57,199 SH   SOLE   57,199 0 0
FOOT LOCKER INC. COM 344849104 18,256 280,476 SH   SOLE   280,476 0 0
FORD MOTOR COMPANY COM 345370860 103,338 7,334,114 SH   SOLE   7,334,114 0 0
FORTINET INC COM 34959E109 8,916 286,052 SH   SOLE   286,052 0 0
FORTUNE BRANDS H & S COM 34964C106 17,070 307,573 SH   SOLE   307,573 0 0
FRANKLIN RESOURCES COM 354613101 28,914 785,277 SH   SOLE   785,277 0 0
FREEPORT-MCMORAN INC COM 35671D857 14,016 2,070,281 SH   SOLE   2,070,281 0 0
FRONTIER COMM. CORP COM 35906A108 10,638 2,277,910 SH   SOLE   2,277,910 0 0
GALLAGHER (ARTHUR J. COM 363576109 14,263 348,389 SH   SOLE   348,389 0 0
GAMESTOP CORP CL-A COM 36467W109 11,975 427,084 SH   SOLE   427,084 0 0
GANNETT CO INC COM 36473H104 7,422 455,612 SH   SOLE   455,612 0 0
GAP INC COM 364760108 12,402 502,115 SH   SOLE   502,115 0 0
GARMIN LTD. COM H2906T109 8,280 222,754 SH   SOLE   222,754 0 0
GARTNER INC COM 366651107 15,875 175,031 SH   SOLE   175,031 0 0
GENERAL DYNAMICS COM 369550108 74,820 544,700 SH   SOLE   544,700 0 0
GENERAL ELECTRIC COM 369604103 599,572 19,247,911 SH   SOLE   19,247,911 0 0
GENERAL GROWTH PROPE COM 370023103 30,947 1,137,335 SH   SOLE   1,137,335 0 0
GENERAL MILLS COM 370334104 72,853 1,263,486 SH   SOLE   1,263,486 0 0
GENERAL MOTORS CO. COM 37045V100 114,639 3,370,754 SH   SOLE   3,370,754 0 0
GENOMIC HEALTH INC. COM 37244C101 5,691 161,670 SH   SOLE   161,670 0 0
GENUINE PARTS COM 372460105 25,697 299,184 SH   SOLE   299,184 0 0
GENWORTH FIN.-CL A COM 37247D106 197 52,749 SH   SOLE   52,749 0 0
GERDAU S.A. (ADR) ADR 373737105 239 199,441 SH   SOLE   199,441 0 0
GILEAD SCIENCES INC COM 375558103 311,664 3,079,992 SH   SOLE   3,079,992 0 0
GLOBAL PAYMENTS INC COM 37940X102 16,302 252,709 SH   SOLE   252,709 0 0
GOLDMAN SACHS GROUP COM 38141G104 174,788 969,805 SH   SOLE   969,805 0 0
GOODYEAR TIRE COM 382550101 18,015 551,418 SH   SOLE   551,418 0 0
GRAINGER (W.W.) INC COM 384802104 23,506 116,027 SH   SOLE   116,027 0 0
GREAT WESTERN BANCOR COM 391416104 3,352 115,500 SH   SOLE   115,500 0 0
GRP AEROPORT DEL(ADR ADR 400506101 3,360 38,056 SH   SOLE   38,056 0 0
GRUBHUB INC COM 400110102 27,594 1,140,230 SH   SOLE   1,140,230 0 0
GRUPO AEROPORTUA(ADR ADR 40051E202 286 2,034 SH   SOLE   2,034 0 0
GRUPO TELEVISA (ADR) ADR 40049J206 2,285 83,963 SH   SOLE   83,963 0 0
HALLIBURTON CO. COM 406216101 72,065 2,117,080 SH   SOLE   2,117,080 0 0
HANESBRANDS INC COM 410345102 23,194 788,101 SH   SOLE   788,101 0 0
HARLEY DAVIDSON INC COM 412822108 61,805 1,361,650 SH   SOLE   1,361,650 0 0
HARMAN INTERNATIONAL COM 413086109 21,322 226,322 SH   SOLE   226,322 0 0
HARRIS COM 413875105 21,431 246,618 SH   SOLE   246,618 0 0
HARTFORD FINL SVCS COM 416515104 37,196 855,878 SH   SOLE   855,878 0 0
HASBRO INC COM 418056107 15,662 232,518 SH   SOLE   232,518 0 0
HCA HOLDINGS INC. COM 40412C101 51,241 757,667 SH   SOLE   757,667 0 0
HCP INC COM 40414L109 41,092 1,074,579 SH   SOLE   1,074,579 0 0
HDFC BANK LTD. (ADR) ADR 40415F101 4,133 67,087 SH   SOLE   67,087 0 0
HEALTH NET INC COM 42222G108 211 3,089 SH   SOLE   3,089 0 0
HELMERICH & PAYNE COM 423452101 13,675 255,370 SH   SOLE   255,370 0 0
HENRY SCHEIN INC. COM 806407102 28,671 181,245 SH   SOLE   181,245 0 0
HERTZ GLOBAL HLDG COM 42805T105 11,034 775,413 SH   SOLE   775,413 0 0
HESS CORPORATION COM 42809H107 24,902 513,654 SH   SOLE   513,654 0 0
HILTON WORLDWIDE HOL COM 43300A104 20,932 978,118 SH   SOLE   978,118 0 0
HOLLYFRONTIER CORP COM 436106108 14,294 358,339 SH   SOLE   358,339 0 0
HOLOGIC INC COM 436440101 18,190 470,149 SH   SOLE   470,149 0 0
HOME DEPOT COM 437076102 339,690 2,568,546 SH   SOLE   2,568,546 0 0
HONEYWELL INTL INC. COM 438516106 165,331 1,596,317 SH   SOLE   1,596,317 0 0
HORMEL FOODS CORP. COM 440452100 22,392 283,157 SH   SOLE   283,157 0 0
HOST HOTEL&RES(REIT) COM 44107P104 29,204 1,903,778 SH   SOLE   1,903,778 0 0
HOWARD HUGHES CORP COM 44267D107 5,085 44,940 SH   SOLE   44,940 0 0
HP ENTERPRISE CO COM 42824C109 60,511 3,980,969 SH   SOLE   3,980,969 0 0
HP INC COM 40434L105 44,195 3,732,673 SH   SOLE   3,732,673 0 0
HUMANA COM 444859102 52,483 294,007 SH   SOLE   294,007 0 0
HUNTINGTON BANCSHARE COM 446150104 17,605 1,591,756 SH   SOLE   1,591,756 0 0
ICICI BANK LTD.(ADR) ADR 45104G104 10,005 1,277,730 SH   SOLE   1,277,730 0 0
IHS INC -CLASS A COM 451734107 15,822 133,600 SH   SOLE   133,600 0 0
ILLINOIS TOOL WORKS COM 452308109 60,013 647,531 SH   SOLE   647,531 0 0
ILLUMINA INC. COM 452327109 184,842 962,997 SH   SOLE   962,997 0 0
IMS HEALTH HOLDINGS COM 44970B109 8,313 326,395 SH   SOLE   326,395 0 0
INCYTE CORP. COM 45337C102 34,185 315,217 SH   SOLE   315,217 0 0
INFINERA CORPORATION COM 45667G103 5,155 284,500 SH   SOLE   284,500 0 0
INFOSYS LTD. (ADR) ADR 456788108 8,758 522,866 SH   SOLE   522,866 0 0
INGERSOLL-RAND PLC COM G47791101 42,558 769,726 SH   SOLE   769,726 0 0
INGRAM MICRO INC 'A' COM 457153104 3,946 129,901 SH   SOLE   129,901 0 0
INTEL CORPORATION COM 458140100 329,181 9,555,334 SH   SOLE   9,555,334 0 0
INTERCONTINENTAL EXC COM 45866F104 60,054 234,348 SH   SOLE   234,348 0 0
INTERPUBLIC GROUP CO COM 460690100 18,711 803,730 SH   SOLE   803,730 0 0
INTL BUS MACHINES CO COM 459200101 262,103 1,904,544 SH   SOLE   1,904,544 0 0
INTL FLAVORS&FRAGRAN COM 459506101 23,165 193,620 SH   SOLE   193,620 0 0
INTL PAPER COM 460146103 33,210 880,898 SH   SOLE   880,898 0 0
INTUIT INC. COM 461202103 49,836 516,437 SH   SOLE   516,437 0 0
INTUITIVE SURGICAL COM 46120E602 82,695 151,412 SH   SOLE   151,412 0 0
INVESCO LTD COM G491BT108 44,092 1,316,962 SH   SOLE   1,316,962 0 0
IONIS PHARMACEUTICAL COM 462222100 34,176 551,843 SH   SOLE   551,843 0 0
IPATH PURE BETA CRUDE OIL ETF 06740P221 1,564 105,000 SH   SOLE   105,000 0 0
IRON MOUNTAIN INC COM 46284V101 10,870 402,457 SH   SOLE   402,457 0 0
ISHARES 1-3 YEAR CRE ETF 464288646 1,004 9,600 SH   SOLE   9,600 0 0
ISHARES IBOXX $ H/Y ETF 464288513 50,282 624,000 SH   SOLE   624,000 0 0
ISHARES IBOXX $ INV ETF 464287242 259,567 2,276,700 SH   SOLE   22,767,000 0 0
ISHARES LATIN AMERIC ETF 464287390 3,348 158,000 SH   SOLE   158,000 0 0
ISHARES TIPS BOND ET ETF 464287176 4,278 39,000 SH   SOLE   39,000 0 0
ISHARES US REAL ESTA ETF 464287739 8,972 119,500 SH   SOLE   119,500 0 0
ITAU UNIBANCO HLD(AD ADR 465562106 3,986 612,260 SH   SOLE   612,260 0 0
ITC HOLDINGS CORP. COM 465685105 605 15,423 SH   SOLE   15,423 0 0
JACOBS ENGINEERING COM 469814107 10,538 251,198 SH   SOLE   251,198 0 0
JARDEN CORP COM 471109108 28,384 496,920 SH   SOLE   496,920 0 0
JAZZ PHARMACEUTICALS COM G50871105 16,632 118,324 SH   SOLE   118,324 0 0
JB HUNT TRANSPORT SV COM 445658107 13,663 186,243 SH   SOLE   186,243 0 0
JD.COM INC-ADR(ADR) ADR 47215P106 7,698 238,600 SH   SOLE   238,600 0 0
JM SMUCKER CO COM 832696405 28,894 234,265 SH   SOLE   234,265 0 0
JOHNSON & JOHNSON COM 478160104 588,394 5,728,135 SH   SOLE   5,728,135 0 0
JOHNSON CONTROLS COM 478366107 63,053 1,596,684 SH   SOLE   1,596,684 0 0
JONES LANG LASALLE COM 48020Q107 14,082 88,088 SH   SOLE   88,088 0 0
JPMORGAN CHASE & CO COM 46625H100 503,488 7,625,144 SH   SOLE   7,625,144 0 0
JUNIPER NETWORKS INC COM 48203R104 19,781 716,699 SH   SOLE   716,699 0 0
KANSAS CITY SOUTHERN COM 485170302 16,155 216,354 SH   SOLE   216,354 0 0
KELLOGG COM 487836108 41,742 577,584 SH   SOLE   577,584 0 0
KEURIG GREEN MOUNTAI COM 49271M100 20,069 223,036 SH   SOLE   223,036 0 0
KEYCORP COM 493267108 25,990 1,970,434 SH   SOLE   1,970,434 0 0
KIMBERLY-CLARK CORP COM 494368103 100,762 791,529 SH   SOLE   791,529 0 0
KIMCO REALTY CORP. COM 49446R109 21,632 817,532 SH   SOLE   817,532 0 0
KINDER MORGAN INC COM 49456B101 57,079 3,825,653 SH   SOLE   3,825,653 0 0
KLA-TENCOR CORP. COM 482480100 21,329 307,554 SH   SOLE   307,554 0 0
KOHL'S CORPORATION COM 500255104 19,465 408,664 SH   SOLE   408,664 0 0
KRAFT HEINZ CO/THE COM 500754106 89,531 1,230,500 SH   SOLE   1,230,500 0 0
KROGER CO. COM 501044101 82,626 1,975,275 SH   SOLE   1,975,275 0 0
L BRANDS INC COM 501797104 46,938 489,859 SH   SOLE   489,859 0 0
L-3 COMM. HLDGS INC. COM 502424104 19,198 160,639 SH   SOLE   160,639 0 0
LABORATORY CORP AMER COM 50540R409 31,500 254,774 SH   SOLE   254,774 0 0
LAM RESEARCH CORP. COM 512807108 24,829 312,634 SH   SOLE   312,634 0 0
LAS VEGAS SANDS CORP COM 517834107 34,759 792,859 SH   SOLE   792,859 0 0
LATAM AIRLINES (ADR) ADR 51817R106 507 93,985 SH   SOLE   93,985 0 0
LEAR CORP COM 521865204 18,450 150,205 SH   SOLE   150,205 0 0
LEGG MASON INC. COM 524901105 7,443 189,732 SH   SOLE   189,732 0 0
LEGGETT & PLATT INC. COM 524660107 11,138 265,059 SH   SOLE   265,059 0 0
LENDINGCLUB CORP COM 52603A109 30,459 2,756,460 SH   SOLE   2,756,460 0 0
LENNAR CORP CL-A COM 526057104 22,725 464,620 SH   SOLE   464,620 0 0
LEUCADIA NATIONAL CO COM 527288104 16,185 930,702 SH   SOLE   930,702 0 0
LEVEL 3 COMM. INC. COM 52729N308 32,300 594,183 SH   SOLE   594,183 0 0
LIBERTY GLOBAL PLC-A COM G5480U104 20,752 489,898 SH   SOLE   489,898 0 0
LIBERTY GLOBAL PLC-C COM G5480U120 49,265 1,208,373 SH   SOLE   1,208,373 0 0
LIBERTY INTER CORP-A COM 53071M104 29,333 1,073,672 SH   SOLE   1,073,672 0 0
LIBERTY MEDIA CORP-A COM 531229102 7,055 179,755 SH   SOLE   179,755 0 0
LIBERTY MEDIA CORP-C COM 531229300 15,204 399,263 SH   SOLE   399,263 0 0
LIBERTY PROPERTY COM 531172104 9,033 290,929 SH   SOLE   290,929 0 0
LILLY (ELI) COM 532457108 176,912 2,099,592 SH   SOLE   2,099,592 0 0
LINCOLN ELECTRIC HLD COM 533900106 19,865 382,830 SH   SOLE   382,830 0 0
LINCOLN NATIONAL CO COM 534187109 26,214 521,576 SH   SOLE   521,576 0 0
LINEAR TECHNOLOGY COM 535678106 30,319 713,885 SH   SOLE   713,885 0 0
LINKEDIN CORP - A COM 53578A108 81,482 362,013 SH   SOLE   362,013 0 0
LKQ CORPORATION COM 501889208 21,071 711,129 SH   SOLE   711,129 0 0
LOCKHEED MARTIN CORP COM 539830109 124,961 575,461 SH   SOLE   575,461 0 0
LOEWS CORP COM 540424108 23,387 609,043 SH   SOLE   609,043 0 0
LOWE'S COMPANIES COM 548661107 157,601 2,072,608 SH   SOLE   2,072,608 0 0
LULULEMON ATHLETICA COM 550021109 11,681 222,629 SH   SOLE   222,629 0 0
LYONDELLBASELL CL-A COM N53745100 73,951 850,988 SH   SOLE   850,988 0 0
M & T CORPORATION COM 55261F104 91,131 752,027 SH   SOLE   752,027 0 0
MACERICH COMPANY COM 554382101 21,357 264,674 SH   SOLE   264,674 0 0
MACY'S INC. COM 55616P104 23,399 668,922 SH   SOLE   668,922 0 0
MALLINCKRODT PLC COM G5785G107 21,636 289,904 SH   SOLE   289,904 0 0
MANPOWERGROUP COM 56418H100 16,250 192,789 SH   SOLE   192,789 0 0
MARATHON OIL CORP COM 565849106 16,885 1,341,122 SH   SOLE   1,341,122 0 0
MARATHON PETROLEUM COM 56585A102 55,278 1,066,326 SH   SOLE   1,066,326 0 0
MARKEL CORP. COM 570535104 94,038 106,456 SH   SOLE   106,456 0 0
MARKETAXESS HOLDINGS COM 57060D108 28,227 252,950 SH   SOLE   252,950 0 0
MARRIOTT INTL INC'A' COM 571903202 31,346 467,572 SH   SOLE   467,572 0 0
MARSH & MCLENNAN COS COM 571748102 62,707 1,130,874 SH   SOLE   1,130,874 0 0
MARTIN MARIETTA MATE COM 573284106 63,268 463,227 SH   SOLE   463,227 0 0
MARVELL TECHNOLOGY COM G5876H105 7,198 816,112 SH   SOLE   816,112 0 0
MASCO CORP. COM 574599106 19,080 674,208 SH   SOLE   674,208 0 0
MASTERCARD INC-CL A COM 57636Q104 248,928 2,556,775 SH   SOLE   2,556,775 0 0
MATTEL INC COM 577081102 21,153 778,554 SH   SOLE   778,554 0 0
MAXIM INTEGRATED PRD COM 57772K101 21,359 562,078 SH   SOLE   562,078 0 0
MCCORMICK & CO INC. COM 579780206 21,558 251,963 SH   SOLE   251,963 0 0
MCDONALD'S COM 580135101 230,405 1,950,275 SH   SOLE   1,950,275 0 0
MCGRAW HILL FINCIAL COM 580645109 57,191 580,147 SH   SOLE   580,147 0 0
MCKESSON CORPORATION COM 58155Q103 100,541 509,763 SH   SOLE   509,763 0 0
MEAD JOHNSON NUTRITI COM 582839106 31,620 400,510 SH   SOLE   400,510 0 0
MEDIVATION INC COM 58501N101 15,461 319,848 SH   SOLE   319,848 0 0
MEDNAX INC. COM 58502B106 13,394 186,908 SH   SOLE   186,908 0 0
MEDTRONIC PLC COM G5960L103 240,758 3,129,981 SH   SOLE   3,129,981 0 0
MELCO CROWN ENT(ADR) ADR 585464100 3,490 207,755 SH   SOLE   207,755 0 0
MERCK & CO. INC COM 58933Y105 337,548 6,390,535 SH   SOLE   6,390,535 0 0
METLIFE INC. COM 59156R108 104,268 2,162,789 SH   SOLE   2,162,789 0 0
METTLER-TOLEDO INTL COM 592688105 37,634 110,971 SH   SOLE   110,971 0 0
MGM RESORTS INTL COM 552953101 20,190 888,645 SH   SOLE   888,645 0 0
MICHAEL KORS COM G60754101 15,796 394,298 SH   SOLE   394,298 0 0
MICROCHIP TECHNOLOGY COM 595017104 44,182 949,337 SH   SOLE   949,337 0 0
MICRON TECHNOLOGY COM 595112103 30,509 2,154,584 SH   SOLE   2,154,584 0 0
MICROSOFT CORP COM 594918104 863,768 15,568,990 SH   SOLE   15,568,990 0 0
MINAS BUENAVENT.(ADR ADR 204448104 1,108 258,800 SH   SOLE   258,800 0 0
MOBILE TELESYS.(ADR) ADR 607409109 1,049 169,719 SH   SOLE   169,719 0 0
MOBILEYE NV COM N51488117 6,845 161,900 SH   SOLE   161,900 0 0
MOHAWK INDUSTRIES COM 608190104 27,270 143,990 SH   SOLE   143,990 0 0
MOLSON COORS BR CL-B COM 60871R209 28,383 302,199 SH   SOLE   302,199 0 0
MONDELEZ INTERNATION COM 609207105 154,799 3,452,253 SH   SOLE   3,452,253 0 0
MONSANTO COMPANY COM 61166W101 109,951 1,116,032 SH   SOLE   1,116,032 0 0
MONSTER BEVERAGE COR COM 61174X109 42,010 282,025 SH   SOLE   282,025 0 0
MOODY'S CORPORATION COM 615369105 77,219 769,576 SH   SOLE   769,576 0 0
MORGAN STANLEY COM 617446448 91,620 2,880,218 SH   SOLE   2,880,218 0 0
MOTOROLA SOLUTIONS COM 620076307 26,054 380,628 SH   SOLE   380,628 0 0
MURPHY OIL CORP. COM 626717102 7,225 321,819 SH   SOLE   321,819 0 0
MYLAN NV COM N59465109 51,751 957,105 SH   SOLE   957,105 0 0
MYRIAD GENETICS INC. COM 62855J104 15,545 360,180 SH   SOLE   360,180 0 0
NASDAQ INC COM 631103108 13,798 237,200 SH   SOLE   237,200 0 0
NATIONAL-OILWELL V COM 637071101 25,987 775,970 SH   SOLE   775,970 0 0
NAVIENT CORP COM 63938C108 8,441 737,225 SH   SOLE   737,225 0 0
NETAPP INC COM 64110D104 16,088 606,396 SH   SOLE   606,396 0 0
NETEASE INC.(ADR) ADR 64110W102 9,968 55,000 SH   SOLE   55,000 0 0
NETFLIX.COM INC. COM 64110L106 119,756 1,047,002 SH   SOLE   1,047,002 0 0
NETSUITE INC. COM 64118Q107 6,253 73,894 SH   SOLE   73,894 0 0
NEW JERSEY RESOURCES COM 646025106 283 8,600 SH   SOLE   8,600 0 0
NEW ORIENTAL ED(ADR) ADR 647581107 1,647 52,500 SH   SOLE   52,500 0 0
NEW YORK COMMUN.BANC COM 649445103 15,735 964,162 SH   SOLE   964,162 0 0
NEWELL RUBBERMAID COM 651229106 27,963 634,378 SH   SOLE   634,378 0 0
NEWMONT MINING CO HL COM 651639106 20,632 1,146,847 SH   SOLE   1,146,847 0 0
NEWS CORP-CLASS A COM 65249B109 9,866 738,437 SH   SOLE   738,437 0 0
NEXTERA ENERGY INC. COM 65339F101 107,178 1,031,651 SH   SOLE   1,031,651 0 0
NIELSEN HOLDINGS PLC COM G6518L108 38,452 825,148 SH   SOLE   825,148 0 0
NIKE INC CL'B' COM 654106103 170,351 2,725,618 SH   SOLE   2,725,618 0 0
NISOURCE INC. COM 65473P105 755 38,675 SH   SOLE   38,675 0 0
NOBLE CORP PLC COM G65431101 126 11,904 SH   SOLE   11,904 0 0
NOBLE ENERGY INC COM 655044105 27,765 843,138 SH   SOLE   843,138 0 0
NORDSTROM INC. COM 655664100 14,356 288,222 SH   SOLE   288,222 0 0
NORFOLK SOUTHERN COM 655844108 49,961 590,631 SH   SOLE   590,631 0 0
NORTHERN TRUST COM 665859104 31,383 435,330 SH   SOLE   435,330 0 0
NORTHROP GRUMMAN COM 666807102 66,257 350,921 SH   SOLE   350,921 0 0
NORTHWESTERN CORP COM 668074305 268 4,934 SH   SOLE   4,934 0 0
NORWEGIAN CRUISE LIN COM G66721104 18,590 317,230 SH   SOLE   317,230 0 0
NOW INC COM 67011P100 21,609 1,365,920 SH   SOLE   1,365,920 0 0
NRG ENERGY INC COM 629377508 9,860 837,700 SH   SOLE   837,700 0 0
NUANCE COMMUNICATION COM 67020Y100 9,782 491,829 SH   SOLE   491,829 0 0
NUCOR CORP COM 670346105 25,274 627,144 SH   SOLE   627,144 0 0
NVIDIA CORP. COM 67066G104 34,685 1,052,337 SH   SOLE   1,052,337 0 0
NXP SEMICONDUCTOR NV COM N6596X109 24,705 293,240 SH   SOLE   293,240 0 0
OCCIDENTAL PETROLEUM COM 674599105 111,229 1,645,153 SH   SOLE   1,645,153 0 0
OCEANEERING INTL INC COM 675232102 7,247 193,145 SH   SOLE   193,145 0 0
OFFICE DEPOT INC. COM 676220106 58 10,343 SH   SOLE   10,343 0 0
OGE ENERGY CORP COM 670837103 10,190 387,584 SH   SOLE   387,584 0 0
OMNICOM GROUP COM 681919106 36,651 484,413 SH   SOLE   484,413 0 0
ONE GAS INC COM 68235P108 265 5,275 SH   SOLE   5,275 0 0
ONEOK INC. COM 682680103 10,549 427,761 SH   SOLE   427,761 0 0
ORACLE CORPORATION COM 68389X105 264,659 7,244,979 SH   SOLE   7,244,979 0 0
ORBITAL ATK INC COM 68557N103 4,385 49,087 SH   SOLE   49,087 0 0
O'REILLY AUTOMOTIVE COM 67103H107 50,427 198,985 SH   SOLE   198,985 0 0
PACCAR INC COM 693718108 51,503 1,086,565 SH   SOLE   1,086,565 0 0
PACKAGING CORP AMERI COM 695156109 14,582 231,278 SH   SOLE   231,278 0 0
PALO ALTO NETWORKS COM 697435105 24,423 138,659 SH   SOLE   138,659 0 0
PARKER HANNIFIN COM 701094104 27,609 284,687 SH   SOLE   284,687 0 0
PARTNERRE LIMITED COM G6852T105 14,570 104,268 SH   SOLE   104,268 0 0
PATTERSON COS INC COM 703395103 8,804 194,731 SH   SOLE   194,731 0 0
PAYCHEX INC COM 704326107 40,974 774,705 SH   SOLE   774,705 0 0
PAYPAL HOLDINGS INC COM 70450Y103 103,026 2,846,021 SH   SOLE   2,846,021 0 0
PENTAIR PLC COM G7S00T104 17,366 350,618 SH   SOLE   350,618 0 0
PEOPLE'S UNITED FIN. COM 712704105 17,044 1,055,371 SH   SOLE   1,055,371 0 0
PEPCO HOLDINGS INC. COM 713291102 13,915 534,982 SH   SOLE   534,982 0 0
PEPSICO INC. COM 713448108 334,036 3,343,036 SH   SOLE   3,343,036 0 0
PERRIGO CO PLC COM G97822103 53,376 368,871 SH   SOLE   368,871 0 0
PFIZER INC. COM 717081103 423,946 13,133,380 SH   SOLE   13,133,380 0 0
PG AND E CORPORATION COM 69331C108 56,429 1,060,898 SH   SOLE   1,060,898 0 0
PHILIP MORRIS INTL COM 718172109 297,338 3,382,304 SH   SOLE   3,382,304 0 0
PHILIPPINE LONG(ADR) ADR 718252604 643 15,030 SH   SOLE   15,030 0 0
PHILLIPS 66 COM 718546104 95,289 1,164,908 SH   SOLE   1,164,908 0 0
PIEDMONT NATL GAS CO COM 720186105 454 7,966 SH   SOLE   7,966 0 0
PINNACLE WEST CAPITA COM 723484101 14,124 219,046 SH   SOLE   219,046 0 0
PIONEER NATURAL RES COM 723787107 36,537 291,408 SH   SOLE   291,408 0 0
PLAINS GP HOLDINGS-A COM 72651A108 4,144 438,534 SH   SOLE   438,534 0 0
PLUM CREEK TIMBER CO COM 729251108 16,549 346,804 SH   SOLE   346,804 0 0
PNC FIN. SERVICES COM 693475105 102,917 1,079,812 SH   SOLE   1,079,812 0 0
POLARIS INDUSTRIES COM 731068102 10,795 125,594 SH   SOLE   125,594 0 0
PPG INDUSTRIES COM 693506107 57,071 577,524 SH   SOLE   577,524 0 0
PPL CORPORATION COM 69351T106 48,916 1,433,224 SH   SOLE   1,433,224 0 0
PRAXAIR INC. COM 74005P104 82,745 808,059 SH   SOLE   808,059 0 0
PRECISION CASTPARTS COM 740189105 62,743 270,433 SH   SOLE   270,433 0 0
PRICELINE GROUP INC COM 741503403 133,854 104,988 SH   SOLE   104,988 0 0
PRINCIPAL FINANCIAL COM 74251V102 26,322 585,194 SH   SOLE   585,194 0 0
PROCTER & GAMBLE COM 742718109 447,670 5,637,449 SH   SOLE   5,637,449 0 0
PROGRESSIVE CORP COM 743315103 36,969 1,162,533 SH   SOLE   1,162,533 0 0
PROLOGIS INC COM 74340W103 44,016 1,025,527 SH   SOLE   1,025,527 0 0
PRUDENTIAL FINANCIAL COM 744320102 88,208 1,083,502 SH   SOLE   1,083,502 0 0
PUBLIC SERVICE ENTER COM 744573106 38,562 996,701 SH   SOLE   996,701 0 0
PUBLIC STORAGE COM 74460D109 74,627 301,278 SH   SOLE   301,278 0 0
PULTE GROUP INC. COM 745867101 11,014 618,077 SH   SOLE   618,077 0 0
PVH CORP COM 693656100 22,568 306,423 SH   SOLE   306,423 0 0
QIAGEN N.V. COM N72482107 6,949 251,320 SH   SOLE   251,320 0 0
QIHOO 360 TECH (ADR) ADR 74734M109 4,784 65,700 SH   SOLE   65,700 0 0
QORVO INC COM 74736K101 15,270 299,992 SH   SOLE   299,992 0 0
QUALCOMM INC COM 747525103 173,575 3,472,544 SH   SOLE   3,472,544 0 0
QUANTA SERVICES INC COM 74762E102 11,850 585,182 SH   SOLE   585,182 0 0
QUEST DIAGNOSTICS COM 74834L100 20,580 289,288 SH   SOLE   289,288 0 0
QUIMICA Y MINERA(ADR ADR 833635105 581 30,575 SH   SOLE   30,575 0 0
QUINTILES TRANS HOLD COM 74876Y101 21,055 306,657 SH   SOLE   306,657 0 0
QUNAR CAYMAN ISL(ADR ADR 74906P104 1,994 37,800 SH   SOLE   37,800 0 0
RALPH LAUREN CORP-A COM 751212101 13,248 118,838 SH   SOLE   118,838 0 0
RANGE RESOURCES CORP COM 75281A109 8,176 332,234 SH   SOLE   332,234 0 0
RAYMOND JAMES FIN. COM 754730109 20,047 345,814 SH   SOLE   345,814 0 0
RAYTHEON COMPANY COM 755111507 74,346 597,015 SH   SOLE   597,015 0 0
REALOGY HLDGS CORP COM 75605Y106 10,304 280,995 SH   SOLE   280,995 0 0
REALTY INCOME CORP COM 756109104 28,141 545,061 SH   SOLE   545,061 0 0
RED HAT INC COM 756577102 29,624 357,734 SH   SOLE   357,734 0 0
REGENCY CENTERS CORP COM 758849103 12,508 183,623 SH   SOLE   183,623 0 0
REGENERON PHARMACEUT COM 75886F107 80,890 149,004 SH   SOLE   149,004 0 0
REGIONS FINANCIAL COM 7591EP100 25,720 2,679,139 SH   SOLE   2,679,139 0 0
RENAISSANCERE HLDGS COM G7496G103 17,809 157,338 SH   SOLE   157,338 0 0
REPUBLIC SERVICES COM 760759100 28,567 649,392 SH   SOLE   649,392 0 0
RESMED INC COM 761152107 15,010 279,560 SH   SOLE   279,560 0 0
REYNOLDS AMERICAN COM 761713106 101,220 2,193,279 SH   SOLE   2,193,279 0 0
RITCHIE BROS. AUCTIO COM 767744105 6,651 275,860 SH   SOLE   275,860 0 0
RITE AID COM 767754104 15,850 2,021,722 SH   SOLE   2,021,722 0 0
ROBERT HALF INTL INC COM 770323103 12,311 261,166 SH   SOLE   261,166 0 0
ROCKWELL AUTOMATION COM 773903109 27,712 270,067 SH   SOLE   270,067 0 0
ROCKWELL COLLINS COM 774341101 36,576 396,272 SH   SOLE   396,272 0 0
ROPER TECHNOLOGIES I COM 776696106 37,910 199,746 SH   SOLE   199,746 0 0
ROSS STORES INC. COM 778296103 44,215 821,680 SH   SOLE   821,680 0 0
ROYAL CARIB CRUISES COM V7780T103 108,166 1,068,727 SH   SOLE   1,068,727 0 0
RYANAIR HLDGS (ADR) ADR 783513203 36,941 427,262 SH   SOLE   427,262 0 0
RYDER SYSTEM COM 783549108 4,815 84,719 SH   SOLE   84,719 0 0
SABRE CORP COM 78573M104 13,240 473,353 SH   SOLE   473,353 0 0
SALESFORCE.COM INC. COM 79466L302 119,563 1,525,036 SH   SOLE   1,525,036 0 0
SANDISK CORPORATION COM 80004C101 39,027 513,584 SH   SOLE   513,584 0 0
SBA COMMUNICATIONS COM 78388J106 34,672 329,992 SH   SOLE   329,992 0 0
SCANA CORP COM 80589M102 16,867 278,837 SH   SOLE   278,837 0 0
SCHLUMBERGER LIMITED COM 806857108 197,461 2,830,986 SH   SOLE   2,830,986 0 0
SCHWAB (CHAS) CORP COM 808513105 76,219 2,314,569 SH   SOLE   2,314,569 0 0
SCRIPPS NETWORKS 'A' COM 811065101 8,003 144,947 SH   SOLE   144,947 0 0
SEAGATE TECHNOLOGY COM G7945M107 22,337 609,291 SH   SOLE   609,291 0 0
SEALED AIR CORP. COM 81211K100 18,317 410,688 SH   SOLE   410,688 0 0
SEATTLE GENETICS INC COM 812578102 36,714 818,050 SH   SOLE   818,050 0 0
SEI INVESTMENTS CO COM 784117103 14,777 281,999 SH   SOLE   281,999 0 0
SEMPRA ENERGY COM 816851109 49,325 524,683 SH   SOLE   524,683 0 0
SENSATA TECH HLDG NV COM N7902X106 15,168 329,307 SH   SOLE   329,307 0 0
SERVICENOW INC. COM 81762P102 24,480 282,815 SH   SOLE   282,815 0 0
SHERWIN WILLIAMS COM 824348106 55,384 213,342 SH   SOLE   213,342 0 0
SIGNATURE BANK COM 82669G104 19,059 124,268 SH   SOLE   124,268 0 0
SIGNET JEWELERS LTD COM G81276100 18,210 147,224 SH   SOLE   147,224 0 0
SILICONWARE PREC(ADR ADR 827084864 3,782 488,055 SH   SOLE   488,055 0 0
SIMON PROPERTY(REIT) COM 828806109 140,848 724,377 SH   SOLE   724,377 0 0
SIRIUS XM HOLDINGS COM 82968B103 19,702 4,840,881 SH   SOLE   4,840,881 0 0
SKYWORKS SOLUTIONS COM 83088M102 37,197 484,153 SH   SOLE   484,153 0 0
SL GREEN REALTY CORP COM 78440X101 22,125 195,827 SH   SOLE   195,827 0 0
SLM CORPORATION COM 78442P106 139 21,292 SH   SOLE   21,292 0 0
SNAP-ON INC. COM 833034101 19,933 116,276 SH   SOLE   116,276 0 0
SOUFUN HLDGS LTD(ADR ADR 836034108 1,661 224,700 SH   SOLE   224,700 0 0
SOUTHERN CO. COM 842587107 103,804 2,218,515 SH   SOLE   2,218,515 0 0
SOUTHERN COPPER CORP COM 84265V105 6,089 233,117 SH   SOLE   233,117 0 0
SOUTHWEST AIRLINES COM 844741108 14,723 341,917 SH   SOLE   341,917 0 0
SOUTHWEST GAS COM 844895102 261 4,733 SH   SOLE   4,733 0 0
SOUTHWESTERN ENERGY COM 845467109 5,426 763,133 SH   SOLE   763,133 0 0
SPECTRA ENERGY CORP COM 847560109 33,243 1,388,609 SH   SOLE   1,388,609 0 0
SPLUNK INC. COM 848637104 29,321 498,571 SH   SOLE   498,571 0 0
SPRINT CORP COM 85207U105 5,512 1,522,573 SH   SOLE   1,522,573 0 0
ST.JUDE MEDICAL COM 790849103 33,920 549,139 SH   SOLE   549,139 0 0
STANLEY BLACK & DECK COM 854502101 31,913 299,011 SH   SOLE   299,011 0 0
STAPLES INC. COM 855030102 12,229 1,291,360 SH   SOLE   1,291,360 0 0
STARBUCKS CORP COM 855244109 177,188 2,951,663 SH   SOLE   2,951,663 0 0
STARWOOD H & R WORLD COM 85590A401 23,180 334,581 SH   SOLE   334,581 0 0
STATE STREET CORP COM 857477103 53,477 805,867 SH   SOLE   805,867 0 0
STERICYCLE INC. COM 858912108 28,088 232,902 SH   SOLE   232,902 0 0
STRATASYS LTD. COM M85548101 4,422 188,340 SH   SOLE   188,340 0 0
STRYKER CORP COM 863667101 65,934 709,430 SH   SOLE   709,430 0 0
SUNTRUST BANKS INC COM 867914103 43,779 1,021,928 SH   SOLE   1,021,928 0 0
SUPERVALU INC COM 868536103 94 13,809 SH   SOLE   13,809 0 0
SVB FINANCIAL GROUP COM 78486Q101 3,454 29,050 SH   SOLE   29,050 0 0
SYMANTEC CORPORATION COM 871503108 28,645 1,364,047 SH   SOLE   1,364,047 0 0
SYNCHRONOSS TECHNOLO COM 87157B103 10,935 310,400 SH   SOLE   310,400 0 0
SYNCHRONY FINANCIAL COM 87165B103 49,514 1,628,205 SH   SOLE   1,628,205 0 0
SYNOPSYS INC. COM 871607107 18,778 411,716 SH   SOLE   411,716 0 0
SYSCO CORPORATION COM 871829107 55,698 1,358,497 SH   SOLE   1,358,497 0 0
T ROWE PRICE GROUP COM 74144T108 36,253 507,110 SH   SOLE   507,110 0 0
TABLEAU SOFTWARE-A COM 87336U105 9,327 98,987 SH   SOLE   98,987 0 0
TAIWAN SEMICOND.(ADR ADR 874039100 41,063 1,804,957 SH   SOLE   1,804,957 0 0
TAL EDUCATION GR(ADR ADR 874080104 3,355 72,200 SH   SOLE   72,200 0 0
TARGET CORP. COM 87612E106 91,406 1,258,857 SH   SOLE   1,258,857 0 0
TARO PHARMACEUTICAL COM M8737E108 2,383 15,421 SH   SOLE   15,421 0 0
TATA MOTORS (ADR) ADR 876568502 882 29,927 SH   SOLE   29,927 0 0
TD AMERITRADE HLDG COM 87236Y108 88,450 2,548,254 SH   SOLE   2,548,254 0 0
TE CONNECTIVITY LTD COM H84989104 75,020 1,161,115 SH   SOLE   1,161,115 0 0
TECH DATA CORP COM 878237106 230 3,467 SH   SOLE   3,467 0 0
TEGNA INC COM 87901J105 12,215 478,632 SH   SOLE   478,632 0 0
TELEFONICA BRA(ADR) ADR 87936R106 710 78,625 SH   SOLE   78,625 0 0
TERADATA CORPORATION COM 88076W103 9,791 370,607 SH   SOLE   370,607 0 0
TERADYNE INC COM 880770102 11,884 574,930 SH   SOLE   574,930 0 0
TESLA MOTORS INC. COM 88160R101 154,154 642,283 SH   SOLE   642,283 0 0
TESORO CORPORATION COM 881609101 29,972 284,446 SH   SOLE   284,446 0 0
TEVA PHARMACEUT(ADR) ADR 881624209 12,039 183,416 SH   SOLE   183,416 0 0
TEXAS INSTRUMENTS COM 882508104 110,063 2,008,087 SH   SOLE   2,008,087 0 0
TEXTRON COM 883203101 22,696 540,245 SH   SOLE   540,245 0 0
THE ADT CORPORATION COM 00101J106 10,922 331,167 SH   SOLE   331,167 0 0
THE HERSHEY COMPANY COM 427866108 33,389 374,028 SH   SOLE   374,028 0 0
THE LACLEDE GROUP COM 505597104 259 4,357 SH   SOLE   4,357 0 0
THE MOSAIC COMPANY COM 61945C103 18,471 669,482 SH   SOLE   669,482 0 0
THERMO FISHER SCIENT COM 883556102 119,247 840,657 SH   SOLE   840,657 0 0
TIFFANY & CO. COM 886547108 46,225 605,909 SH   SOLE   605,909 0 0
TIM PARTICIPACOES ADR 88706P205 532 62,677 SH   SOLE   62,677 0 0
TIME WARNER CABLE COM 88732J207 104,182 561,354 SH   SOLE   561,354 0 0
TIME WARNER INC COM 887317303 116,844 1,806,780 SH   SOLE   1,806,780 0 0
TJX COMPANIES COM 872540109 132,960 1,875,052 SH   SOLE   1,875,052 0 0
T-MOBILE US INC COM 872590104 22,435 573,501 SH   SOLE   573,501 0 0
TOLL BROTHERS INC. COM 889478103 11,002 330,392 SH   SOLE   330,392 0 0
TORCHMARK CORP COM 891027104 14,384 251,639 SH   SOLE   251,639 0 0
TOTAL SYSTEM SERVICE COM 891906109 16,367 328,648 SH   SOLE   328,648 0 0
TOWERS WATSON & CO COM 891894107 17,416 135,574 SH   SOLE   135,574 0 0
TRACTOR SUPPLY CO COM 892356106 22,556 263,818 SH   SOLE   263,818 0 0
TRANSDIGM GROUP INC COM 893641100 24,282 106,289 SH   SOLE   106,289 0 0
TRAVELERS COMPANIES COM 89417E109 71,305 631,798 SH   SOLE   631,798 0 0
TRIMBLE NAVIGATION COM 896239100 10,859 506,259 SH   SOLE   506,259 0 0
TRIPADVISOR INC COM 896945201 98,481 1,155,201 SH   SOLE   1,155,201 0 0
TWENTY-FIRST CENT(A) COM 90130A101 65,235 2,401,871 SH   SOLE   2,401,871 0 0
TWENTY-FIRST CENT(B) COM 90130A200 23,524 863,897 SH   SOLE   863,897 0 0
TWITTER INC COM 90184L102 32,452 1,402,411 SH   SOLE   1,402,411 0 0
TYCO INTERNATIONAL P COM G91442106 32,700 1,025,405 SH   SOLE   1,025,405 0 0
TYSON FOODS CL 'A' COM 902494103 42,199 791,289 SH   SOLE   791,289 0 0
U.S. BANCORP COM 902973304 203,323 4,765,006 SH   SOLE   4,765,006 0 0
UDR INC COM 902653104 20,193 537,475 SH   SOLE   537,475 0 0
ULTA SALON COSMETICS COM 90384S303 23,897 129,171 SH   SOLE   129,171 0 0
ULTRAPAR PARTIC(ADR) ADR 90400P101 1,100 72,129 SH   SOLE   72,129 0 0
UNDER ARMOUR -CL A COM 904311107 29,311 363,618 SH   SOLE   363,618 0 0
UNION PACIFIC COM 907818108 135,883 1,737,629 SH   SOLE   1,737,629 0 0
UNITED CONTINENTAL COM 910047109 11,029 192,470 SH   SOLE   192,470 0 0
UNITED MICROELEC(ADR ADR 910873405 1,344 714,676 SH   SOLE   714,676 0 0
UNITED PARCEL SRV-B COM 911312106 140,234 1,457,283 SH   SOLE   1,457,283 0 0
UNITED RENTALS INC. COM 911363109 23,019 317,323 SH   SOLE   317,323 0 0
UNITED TECHNOLOGIES COM 913017109 161,220 1,678,151 SH   SOLE   1,678,151 0 0
UNITED THERAPEUTICS COM 91307C102 14,042 89,662 SH   SOLE   89,662 0 0
UNITEDHEALTH GROUP COM 91324P102 234,110 1,990,052 SH   SOLE   1,990,052 0 0
UNIVERSAL HEALTH-B COM 913903100 21,597 180,740 SH   SOLE   180,740 0 0
UNUM GROUP COM 91529Y106 15,998 480,566 SH   SOLE   480,566 0 0
V.F. CORP COM 918204108 42,181 677,604 SH   SOLE   677,604 0 0
VALERO ENERGY CORP. COM 91913Y100 74,739 1,056,977 SH   SOLE   1,056,977 0 0
VANTIV INC-CL A COM 92210H105 13,606 286,929 SH   SOLE   286,929 0 0
VARIAN MEDICAL SYSTE COM 92220P105 37,454 463,537 SH   SOLE   463,537 0 0
VENTAS INC. COM 92276F100 37,679 667,714 SH   SOLE   667,714 0 0
VEREIT INC COM 92339V100 13,454 1,698,724 SH   SOLE   1,698,724 0 0
VERISIGN INC. COM 92343E102 17,789 203,633 SH   SOLE   203,633 0 0
VERISK ANALYTICS INC COM 92345Y106 24,089 313,327 SH   SOLE   313,327 0 0
VERIZON COMMUNICAT. COM 92343V104 408,229 8,832,295 SH   SOLE   8,832,295 0 0
VERTEX PHARMACEUTIC. COM 92532F100 59,935 476,321 SH   SOLE   476,321 0 0
VIACOM INC.CLS-B NEW COM 92553P201 28,685 696,925 SH   SOLE   696,925 0 0
VIPSHOP HLDG-ADS(ADR ADR 92763W103 4,170 273,100 SH   SOLE   273,100 0 0
VISA INC-CL A SHARES COM 92826C839 339,572 4,378,748 SH   SOLE   4,378,748 0 0
VMWARE INC. CLASS-A COM 928563402 8,852 156,481 SH   SOLE   156,481 0 0
VORNADO REALTY TRUST COM 929042109 33,877 338,906 SH   SOLE   338,906 0 0
VOYA FINANCIAL INC COM 929089100 17,031 461,419 SH   SOLE   461,419 0 0
VULCAN MATERIALS CO COM 929160109 24,719 260,287 SH   SOLE   260,287 0 0
WABCO HOLDINGS INC COM 92927K102 11,154 109,078 SH   SOLE   109,078 0 0
WABTEC CORPORATION COM 929740108 13,180 185,318 SH   SOLE   185,318 0 0
WAL MART STORES INC. COM 931142103 206,808 3,373,707 SH   SOLE   3,373,707 0 0
WALGREENS BOOTS COM 931427108 155,840 1,830,074 SH   SOLE   1,830,074 0 0
WALT DISNEY CO COM 254687106 332,987 3,168,895 SH   SOLE   3,168,895 0 0
WASTE MANAGEMENT INC COM 94106L109 54,886 1,028,405 SH   SOLE   1,028,405 0 0
WATERS CORPORATION COM 941848103 81,894 608,514 SH   SOLE   608,514 0 0
WATSCO INC. COM 942622200 29,410 251,090 SH   SOLE   251,090 0 0
WEATHERFORD INTERNAT COM G48833100 12,855 1,532,240 SH   SOLE   1,532,240 0 0
WEC ENERGY GROUP INC COM 92939U106 33,060 644,310 SH   SOLE   644,310 0 0
WELLS FARGO COMPANY COM 949746101 548,576 10,091,544 SH   SOLE   10,091,544 0 0
WELLTOWER INC COM 95040Q104 49,742 731,173 SH   SOLE   731,173 0 0
WESTERN DIGITAL CORP COM 958102105 31,661 527,243 SH   SOLE   527,243 0 0
WESTERN UNION COM. COM 959802109 18,314 1,022,536 SH   SOLE   1,022,536 0 0
WESTLAKE CHEMICAL COM 960413102 4,815 88,640 SH   SOLE   88,640 0 0
WESTROCK CO COM 96145D105 29,190 639,859 SH   SOLE   639,859 0 0
WEYERHAEUSER COM 962166104 37,848 1,262,446 SH   SOLE   1,262,446 0 0
WGL HOLDINGS INC COM 92924F106 315 5,002 SH   SOLE   5,002 0 0
WHIRLPOOL CORP COM 963320106 30,270 206,101 SH   SOLE   206,101 0 0
WHITEWAVE FOODS CO COM 966244105 13,444 345,508 SH   SOLE   345,508 0 0
WHITING PETROLEUM CO COM 966387102 3,780 400,381 SH   SOLE   400,381 0 0
WHOLE FOODS MARKET COM 966837106 41,190 1,229,567 SH   SOLE   1,229,567 0 0
WILLIAMS COMPANIES COM 969457100 37,496 1,458,981 SH   SOLE   1,458,981 0 0
WILLIS TOWERS WATSON COM G96666105 15,738 324,023 SH   SOLE   324,023 0 0
WIPRO LIMITED (ADR) ADR 97651M109 4,387 380,147 SH   SOLE   380,147 0 0
WORKDAY INC COM 98138H101 39,600 496,984 SH   SOLE   496,984 0 0
WYNDHAM WORLDWIDE CO COM 98310W108 33,237 457,495 SH   SOLE   457,495 0 0
WYNN RESORTS LIMITED COM 983134107 10,865 157,027 SH   SOLE   157,027 0 0
XCEL ENERGY INC COM 98389B100 38,579 1,074,333 SH   SOLE   1,074,333 0 0
XEROX COM 984121103 21,264 2,000,349 SH   SOLE   2,000,349 0 0
XILINX INC. COM 983919101 55,788 1,187,743 SH   SOLE   1,187,743 0 0
XL GROUP PLC COM G98290102 24,400 622,771 SH   SOLE   622,771 0 0
XYLEM INC. COM 98419M100 12,794 350,529 SH   SOLE   350,529 0 0
YAHOO! INC. COM 984332106 58,917 1,771,397 SH   SOLE   1,771,397 0 0
YANDEX NV-A COM N97284108 8,370 532,440 SH   SOLE   532,440 0 0
YOUKU TUDOU INC(ADR) ADR 98742U100 2,328 85,800 SH   SOLE   85,800 0 0
YUM! BRANDS INC COM 988498101 61,731 845,052 SH   SOLE   845,052 0 0
YY INC(ADR) ADR 98426T106 1,837 29,400 SH   SOLE   29,400 0 0
ZILLOW INC.-A COM 98954M101 1,471 56,500 SH   SOLE   56,500 0 0
ZILLOW GROUP INC - C COM 98954M200 7,201 306,679 SH   SOLE   306,679 0 0
ZIMMER BIOMET HOLDIN COM 98956P102 34,629 337,544 SH   SOLE   337,544 0 0
ZIONS BANCORPORATION COM 989701107 6,360 232,950 SH   SOLE   232,950 0 0
ZOETIS INC COM 98978V103 44,205 922,481 SH   SOLE   922,481 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 33,910 1,000,000 SH   SOLE   1,000,000 0 0
ISHARES TR MSCI INDIA ETF 46429B598 825 30,000 SH   SOLE   30,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 10,398 51,000 SH   SOLE   51,000 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 10,387 59,700 SH   SOLE   59,700 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 671 6,000 SH   SOLE   6,000 0 0