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 174,137 1,215,701 SH   SOLE   1,215,701 0 0
ABBOTT LABORATORIES COM 002824100 124,926 3,054,431 SH   SOLE   3,054,431 0 0
ABBVIE INC COM 00287Y109 173,595 3,075,737 SH   SOLE   3,075,737 0 0
ACCENTURE PLC CL-A COM G1151C101 97,872 1,210,685 SH   SOLE   1,210,685 0 0
ACE LIMITED COM H0023R105 67,398 649,932 SH   SOLE   649,932 0 0
ACTAVIS PLC COM G0083B108 80,561 361,177 SH   SOLE   361,177 0 0
ACTIVISION BLIZZARD COM 00507V109 25,641 1,149,811 SH   SOLE   1,149,811 0 0
ADOBE SYSTEMS INC. COM 00724F101 78,703 1,087,656 SH   SOLE   1,087,656 0 0
ADVANCE AUTO PARTS COM 00751Y106 18,625 138,046 SH   SOLE   138,046 0 0
ADVANCED SEMI (ADR) ADR 00756M404 2,459 378,290 SH   SOLE   378,290 0 0
AES CORPORATION COM 00130H105 20,477 1,316,860 SH   SOLE   1,316,860 0 0
AETNA INC-NEW COM 00817Y108 71,282 879,156 SH   SOLE   879,156 0 0
AFFILIATED MANAGERS COM 008252108 25,503 124,161 SH   SOLE   124,161 0 0
AFLAC INC. COM 001055102 54,586 876,884 SH   SOLE   876,884 0 0
AGCO CORPORATION COM 001084102 9,722 172,921 SH   SOLE   172,921 0 0
AGILENT TECHNOLOGIES COM 00846U101 39,145 681,489 SH   SOLE   681,489 0 0
AIR LEASE CORP COM 00912X302 16,771 434,700 SH   SOLE   434,700 0 0
AIR PRODUCTS & CHEM. COM 009158106 52,211 405,935 SH   SOLE   405,935 0 0
AIRGAS INC. COM 009363102 13,958 128,164 SH   SOLE   128,164 0 0
AKAMAI TECHNOLOGIES COM 00971T101 20,789 340,466 SH   SOLE   340,466 0 0
ALBEMARLE CORP COM 012653101 10,923 152,776 SH   SOLE   152,776 0 0
ALCOA INC. COM 013817101 30,783 2,067,348 SH   SOLE   2,067,348 0 0
ALEXION PHARMACEUTIC COM 015351109 59,195 378,847 SH   SOLE   378,847 0 0
ALLEGHANY CORP COM 017175100 17,081 38,986 SH   SOLE   38,986 0 0
ALLERGAN INC. COM 018490102 113,171 668,778 SH   SOLE   668,778 0 0
ALLIANCE DATA SYSTEM COM 018581108 28,343 100,776 SH   SOLE   100,776 0 0
ALLIANT ENERGY CORP COM 018802108 13,391 220,033 SH   SOLE   220,033 0 0
ALLSTATE CORP COM 020002101 50,604 861,783 SH   SOLE   861,783 0 0
ALTERA CORPORATION COM 021441100 26,147 752,223 SH   SOLE   752,223 0 0
ALTRIA GROUP INC COM 02209S103 165,083 3,936,164 SH   SOLE   3,936,164 0 0
AMAZON.COM INC. COM 023135106 334,507 1,029,948 SH   SOLE   1,029,948 0 0
AMBEV SA-SPN(ADR) ADR 02319V103 2,204 313,000 SH   SOLE   313,000 0 0
AMDOCS LIMITED COM G02602103 215 4,636 SH   SOLE   4,636 0 0
AMEREN CORPORATION COM 023608102 19,449 475,763 SH   SOLE   475,763 0 0
AMERICA MOVIL(ADR)-L ADR 02364W105 11,693 563,500 SH   SOLE   563,500 0 0
AMERICAN AIRLINES GR COM 02376R102 14,547 338,607 SH   SOLE   338,607 0 0
AMERICAN CAP AGENCY COM 02503X105 16,058 685,930 SH   SOLE   685,930 0 0
AMERICAN ELECTRIC PO COM 025537101 56,424 1,011,731 SH   SOLE   1,011,731 0 0
AMERICAN EXPRESS CO. COM 025816109 258,387 2,723,587 SH   SOLE   2,723,587 0 0
AMERICAN INTL GROUP COM 026874784 182,666 3,346,758 SH   SOLE   3,346,758 0 0
AMERICAN REALTY CAP COM 02917T104 21,000 1,675,989 SH   SOLE   1,675,989 0 0
AMERICAN TOWER CORP COM 03027X100 73,517 817,040 SH   SOLE   817,040 0 0
AMERICAN WATER WORKS COM 030420103 26,157 528,951 SH   SOLE   528,951 0 0
AMERIPRISE FINANCIAL COM 03076C106 48,146 401,214 SH   SOLE   401,214 0 0
AMERISOURCEBERGEN COM 03073E105 41,389 569,622 SH   SOLE   569,622 0 0
AMETEK INC. COM 031100100 24,085 460,691 SH   SOLE   460,691 0 0
AMGEN COM 031162100 179,592 1,517,207 SH   SOLE   1,517,207 0 0
AMPHENOL CORP 'A' COM 032095101 28,705 297,959 SH   SOLE   297,959 0 0
ANADARKO PETROLEUM COM 032511107 107,434 981,405 SH   SOLE   981,405 0 0
ANALOG DEVICES INC COM 032654105 32,284 597,085 SH   SOLE   597,085 0 0
ANNALY CAPITAL MGMT COM 035710409 21,909 1,916,791 SH   SOLE   1,916,791 0 0
ANSYS INC. COM 03662Q105 13,406 176,812 SH   SOLE   176,812 0 0
ANTERO RESOURCES COR COM 03674X106 6,673 101,669 SH   SOLE   101,669 0 0
AON PLC COM G0408V102 48,993 543,826 SH   SOLE   543,826 0 0
APACHE CORPORATION COM 037411105 159,733 1,587,489 SH   SOLE   1,587,489 0 0
APPLE INC COM 037833100 1,276,481 13,735,939 SH   SOLE   13,735,939 0 0
APPLIED MATERIALS COM 038222105 61,556 2,729,745 SH   SOLE   2,729,745 0 0
ARCH CAPITAL GRP LTD COM G0450A105 21,990 382,826 SH   SOLE   382,826 0 0
ARCHER DANIELS MDLND COM 039483102 67,777 1,536,546 SH   SOLE   1,536,546 0 0
ARCOS DORADOS COM G0457F107 5,275 471,000 SH   SOLE   471,000 0 0
ARROW ELECTRONICS COM 042735100 11,586 191,797 SH   SOLE   191,797 0 0
ASHLAND INC. COM 044209104 15,162 139,437 SH   SOLE   139,437 0 0
ASSURANT INC COM 04621X108 9,393 143,289 SH   SOLE   143,289 0 0
AT & T INC. COM 00206R102 386,161 10,920,840 SH   SOLE   10,920,840 0 0
ATWOOD OCEANICS INC COM 050095108 13,319 253,800 SH   SOLE   253,800 0 0
AU OPTRONICS CO(ADR) ADR 002255107 525 125,400 SH   SOLE   125,400 0 0
AUTODESK INC. COM 052769106 23,578 418,197 SH   SOLE   418,197 0 0
AUTOLIV INC. COM 052800109 21,867 205,168 SH   SOLE   205,168 0 0
AUTOMATIC DATA PROCE COM 053015103 116,363 1,467,744 SH   SOLE   1,467,744 0 0
AUTONATION INC. COM 05329W102 8,763 146,833 SH   SOLE   146,833 0 0
AUTOZONE INC COM 053332102 38,826 72,405 SH   SOLE   72,405 0 0
AVAGO TECHNOLOGIES COM Y0486S104 43,210 599,554 SH   SOLE   599,554 0 0
AVALONBAY COMM. INC. COM 053484101 36,539 256,972 SH   SOLE   256,972 0 0
AVERY-DENNISON CORP COM 053611109 9,625 187,809 SH   SOLE   187,809 0 0
AVNET INC COM 053807103 18,755 423,265 SH   SOLE   423,265 0 0
AVON PRODUCTS COM 054303102 11,743 803,741 SH   SOLE   803,741 0 0
AXIS CAPITAL HLDGS. COM G0692U109 9,224 208,308 SH   SOLE   208,308 0 0
B/E AEROSPACE INC. COM 073302101 32,606 352,534 SH   SOLE   352,534 0 0
BAIDU INC.(ADR) ADR 056752108 88,379 473,095 SH   SOLE   473,095 0 0
BAKER HUGHES INC. COM 057224107 61,771 829,703 SH   SOLE   829,703 0 0
BALL CORPORATION COM 058498106 16,106 256,955 SH   SOLE   256,955 0 0
BANCO BRADESCO (ADR) ADR 059460303 4,812 331,390 SH   SOLE   331,390 0 0
BANCO DE CHILE (ADR) ADR 059520106 1,931 24,100 SH   SOLE   24,100 0 0
BANCO SANT (ADS) ADR 05967A107 1,385 200,200 SH   SOLE   200,200 0 0
BANCO SANT.CHILE(ADR ADR 05965X109 2,121 80,202 SH   SOLE   80,202 0 0
BANCOLOMBIA SA (ADR) ADR 05968L102 676 11,700 SH   SOLE   11,700 0 0
BANK OF AMERICA CORP COM 060505104 323,224 21,029,562 SH   SOLE   21,029,562 0 0
BANK OF NY MELLON CO COM 064058100 81,101 2,163,846 SH   SOLE   2,163,846 0 0
BARCLAYS ETN+ DYN VEQTORTM ETF 06740C337 137,977 924,100 SH   SOLE   924,100 0 0
BARD C.R. INC COM 067383109 23,586 164,924 SH   SOLE   164,924 0 0
BAXTER INTERNATIONAL COM 071813109 124,939 1,728,063 SH   SOLE   1,728,063 0 0
BB & T CORP. COM 054937107 53,457 1,355,748 SH   SOLE   1,355,748 0 0
BECTON DICKINSON & COM 075887109 47,515 401,649 SH   SOLE   401,649 0 0
BED BATH & BEYOND COM 075896100 24,772 431,720 SH   SOLE   431,720 0 0
BERKLEY (WR) CORP COM 084423102 13,264 286,412 SH   SOLE   286,412 0 0
BERKSHIRE HATHAWAY'A COM 084670108 3,228 17 SH   SOLE   17 0 0
BERKSHIRE HATHAWAY'B COM 084670702 354,748 2,803,002 SH   SOLE   2,803,002 0 0
BEST BUY COMPANY INC COM 086516101 17,286 557,434 SH   SOLE   557,434 0 0
BIOGEN IDEC INC COM 09062X103 140,544 445,734 SH   SOLE   445,734 0 0
BIOMARIN PHARM. INC. COM 09061G101 16,948 272,426 SH   SOLE   272,426 0 0
BLACKROCK INC. COM 09247X101 80,703 252,513 SH   SOLE   252,513 0 0
BLOCK (H&R) COM 093671105 17,514 522,505 SH   SOLE   522,505 0 0
BOEING CO. COM 097023105 178,914 1,406,227 SH   SOLE   1,406,227 0 0
BORGWARNER INC COM 099724106 28,278 433,772 SH   SOLE   433,772 0 0
BOSTON PROPERTIES COM 101121101 34,216 289,526 SH   SOLE   289,526 0 0
BOSTON SCIENTIFIC COM 101137107 32,062 2,510,763 SH   SOLE   2,510,763 0 0
BRASKEM S.A.(ADR) ADR 105532105 386 30,000 SH   SOLE   30,000 0 0
BRF SA (ADR) ADR 10552T107 3,598 148,000 SH   SOLE   148,000 0 0
BRISTOL MYERS SQUIBB COM 110122108 163,930 3,379,308 SH   SOLE   3,379,308 0 0
BROADCOM CORP-CL'A' COM 111320107 43,979 1,184,773 SH   SOLE   1,184,773 0 0
BROWN-FORMAN -CL B COM 115637209 61,432 652,355 SH   SOLE   652,355 0 0
BUNGE LIMITED COM G16962105 26,852 354,994 SH   SOLE   354,994 0 0
C.H. ROBINSON WORLDW COM 12541W209 42,289 662,940 SH   SOLE   662,940 0 0
CA INC. COM 12673P105 19,636 683,239 SH   SOLE   683,239 0 0
CABLEVISION SYS.NY-A COM 12686C109 6,459 365,968 SH   SOLE   365,968 0 0
CABOT OIL & GAS CO.A COM 127097103 27,263 798,559 SH   SOLE   798,559 0 0
CALPINE CORPORATION COM 131347304 16,529 694,207 SH   SOLE   694,207 0 0
CAMDEN PROPERTY TRUS COM 133131102 11,680 164,163 SH   SOLE   164,163 0 0
CAMERON INTERNATL CO COM 13342B105 27,983 413,279 SH   SOLE   413,279 0 0
CAMPBELL SOUP COM 134429109 18,598 405,986 SH   SOLE   405,986 0 0
CAPITAL ONE FINANCIA COM 14040H105 116,784 1,413,849 SH   SOLE   1,413,849 0 0
CARDINAL HEALTH INC. COM 14149Y108 54,658 797,230 SH   SOLE   797,230 0 0
CAREFUSION CORP COM 14170T101 17,690 398,863 SH   SOLE   398,863 0 0
CARMAX INC COM 143130102 71,944 1,383,279 SH   SOLE   1,383,279 0 0
CARNIVAL CORP COM 143658300 27,751 737,086 SH   SOLE   737,086 0 0
CATERPILLAR COM 149123101 134,062 1,233,659 SH   SOLE   1,233,659 0 0
CBRE GROUP INC-A COM 12504L109 18,022 562,482 SH   SOLE   562,482 0 0
CBS CORP.CLASS-B COM 124857202 71,989 1,158,494 SH   SOLE   1,158,494 0 0
CELANESE CORP-A COM 150870103 19,535 303,912 SH   SOLE   303,912 0 0
CELGENE CORP. COM 151020104 168,611 1,963,330 SH   SOLE   1,963,330 0 0
CEMEX SAB(ADR)PART ADR 151290889 2,482 187,639 SH   SOLE   187,639 0 0
CEMIG (ADR) ADR 204409601 1,224 153,173 SH   SOLE   153,173 0 0
CENTERPOINT ENERGY COM 15189T107 24,117 944,267 SH   SOLE   944,267 0 0
CENTURYLINK INC. COM 156700106 49,948 1,379,784 SH   SOLE   1,379,784 0 0
CERNER CORPORATION COM 156782104 30,459 590,524 SH   SOLE   590,524 0 0
CF INDUSTRIES HOLDIN COM 125269100 25,744 107,029 SH   SOLE   107,029 0 0
CHARTER COMM.-A COM 16117M305 22,425 141,591 SH   SOLE   141,591 0 0
CHECK POINT SOFTWARE COM M22465104 255 3,804 SH   SOLE   3,804 0 0
CHENIERE ENERGY INC COM 16411R208 30,562 426,247 SH   SOLE   426,247 0 0
CHESAPEAKE ENERGY CO COM 165167107 32,517 1,046,236 SH   SOLE   1,046,236 0 0
CHEVRON CORP COM 166764100 515,305 3,947,182 SH   SOLE   3,947,182 0 0
CHICAGO BRIDGE & IRN COM 167250109 30,253 443,589 SH   SOLE   443,589 0 0
CHIPOTLE MEXICAN COM 169656105 35,084 59,212 SH   SOLE   59,212 0 0
CHUBB CORP. COM 171232101 48,689 528,257 SH   SOLE   528,257 0 0
CHUNGHWA TELECOM(ADR ADR 17133Q502 7,278 227,000 SH   SOLE   227,000 0 0
CHURCH & DWIGHT CO. COM 171340102 21,838 312,198 SH   SOLE   312,198 0 0
CIA BRASI(ADR)(PFD ADR 20440T201 1,867 40,300 SH   SOLE   40,300 0 0
CIA CERVECERIAS(ADR) ADR 204429104 2,855 121,900 SH   SOLE   121,900 0 0
CIA SANEAMENTO (ADR) ADR 20441A102 760 70,900 SH   SOLE   70,900 0 0
CIA SIDERURGICA(ADR) ADR 20440W105 550 129,100 SH   SOLE   129,100 0 0
CIGNA CORP. COM 125509109 47,914 520,975 SH   SOLE   520,975 0 0
CIMAREX ENERGY CO COM 171798101 23,440 163,389 SH   SOLE   163,389 0 0
CINCINNATI FINANCIAL COM 172062101 14,597 303,846 SH   SOLE   303,846 0 0
CINTAS CORP. COM 172908105 13,083 205,909 SH   SOLE   205,909 0 0
CISCO SYSTEMS INC COM 17275R102 250,696 10,088,360 SH   SOLE   10,088,360 0 0
CIT GROUP INC. COM 125581801 52,899 1,156,004 SH   SOLE   1,156,004 0 0
CITIGROUP INC. COM 172967424 340,829 7,236,286 SH   SOLE   7,236,286 0 0
CITRIX SYSTEMS INC. COM 177376100 21,808 348,647 SH   SOLE   348,647 0 0
CLIFFS NATURAL RES. COM 18683K101 199 13,197 SH   SOLE   13,197 0 0
CLOROX COMPANY COM 189054109 24,827 271,625 SH   SOLE   271,625 0 0
CME GROUP INC. COM 12572Q105 49,083 691,801 SH   SOLE   691,801 0 0
CMS ENERGY CORP COM 125896100 20,115 645,737 SH   SOLE   645,737 0 0
CNH INDUSTRIAL NV COM N20944109 16,413 1,605,950 SH   SOLE   1,605,950 0 0
COACH INC. COM 189754104 19,328 565,311 SH   SOLE   565,311 0 0
COBALT INTL ENERGY COM 19075F106 9,792 533,600 SH   SOLE   533,600 0 0
COCA-COLA COMPANY COM 191216100 344,601 8,135,053 SH   SOLE   8,135,053 0 0
COCA-COLA ENTERPRISE COM 19122T109 26,888 562,752 SH   SOLE   562,752 0 0
COCA-COLA FEMSA(ADR) ADR 191241108 6,135 54,000 SH   SOLE   54,000 0 0
COGNIZANT TECH CL-A COM 192446102 56,124 1,147,489 SH   SOLE   1,147,489 0 0
COLGATE PALMOLIVE COM 194162103 176,396 2,587,215 SH   SOLE   2,587,215 0 0
COMCAST CORP CL-A COM 20030N101 245,004 4,564,166 SH   SOLE   4,564,166 0 0
COMCAST CORP SP CL-A COM 20030N200 92,922 1,742,388 SH   SOLE   1,742,388 0 0
COMERICA INC COM 200340107 17,458 348,037 SH   SOLE   348,037 0 0
COMPUTER SCIENCES COM 205363104 17,687 279,851 SH   SOLE   279,851 0 0
CONAGRA FOODS INC COM 205887102 33,889 1,141,825 SH   SOLE   1,141,825 0 0
CONCHO RESOURCES INC COM 20605P101 30,697 212,435 SH   SOLE   212,435 0 0
CONOCOPHILLIPS COM 20825C104 215,964 2,519,122 SH   SOLE   2,519,122 0 0
CONSOL ENERGY INC. COM 20854P109 19,784 429,428 SH   SOLE   429,428 0 0
CONSOLIDATED EDISON COM 209115104 40,774 706,165 SH   SOLE   706,165 0 0
CONSTELLATION BRND-A COM 21036P108 28,374 321,955 SH   SOLE   321,955 0 0
CONTINENTAL RESOURCE COM 212015101 13,652 86,384 SH   SOLE   86,384 0 0
COPEL (ADR) ADR 20441B407 340 22,200 SH   SOLE   22,200 0 0
CORE LABORATORIES COM N22717107 14,188 84,927 SH   SOLE   84,927 0 0
CORNING INC. COM 219350105 59,194 2,696,747 SH   SOLE   2,696,747 0 0
COSTCO WHOLESALE CO. COM 22160K105 102,968 894,131 SH   SOLE   894,131 0 0
COVIDIEN PLC COM G2554F113 88,609 982,580 SH   SOLE   982,580 0 0
CPFL ENERGIA SA(ADR) ADR 126153105 388 21,300 SH   SOLE   21,300 0 0
CREDICORP LIMITED COM G2519Y108 2,643 17,000 SH   SOLE   17,000 0 0
CREE INC. COM 225447101 11,575 231,738 SH   SOLE   231,738 0 0
CROWN CASTLE INTL CO COM 228227104 63,317 852,633 SH   SOLE   852,633 0 0
CROWN HOLDINGS INC COM 228368106 13,275 266,772 SH   SOLE   266,772 0 0
CSX COM 126408103 59,457 1,929,804 SH   SOLE   1,929,804 0 0
CTRIP.COM INTL (ADR) ADR 22943F100 25,213 393,700 SH   SOLE   393,700 0 0
CUMMINS INC COM 231021106 56,957 369,154 SH   SOLE   369,154 0 0
CVS CAREMARK CORP. COM 126650100 190,614 2,529,037 SH   SOLE   2,529,037 0 0
D.R. HORTON INC. COM 23331A109 14,512 590,408 SH   SOLE   590,408 0 0
DANAHER CORP COM 235851102 95,037 1,207,126 SH   SOLE   1,207,126 0 0
DARDEN RESTAURANTS COM 237194105 11,677 252,365 SH   SOLE   252,365 0 0
DAVITA HEALTHCARE COM 23918K108 25,377 350,905 SH   SOLE   350,905 0 0
DEERE & CO. COM 244199105 70,466 778,198 SH   SOLE   778,198 0 0
DELPHI AUTOMOTIVE COM G27823106 40,052 582,656 SH   SOLE   582,656 0 0
DELTA AIR LINES INC COM 247361702 15,828 408,775 SH   SOLE   408,775 0 0
DELUXE CORPORATION COM 248019101 20,550 350,800 SH   SOLE   350,800 0 0
DENBURY RESOURCES COM 247916208 12,902 698,902 SH   SOLE   698,902 0 0
DENTSPLY INTL INC. COM 249030107 12,890 272,228 SH   SOLE   272,228 0 0
DEVON ENERGY CORP. COM 25179M103 73,063 920,191 SH   SOLE   920,191 0 0
DIAMOND OFFSHORE COM 25271C102 6,850 138,024 SH   SOLE   138,024 0 0
DICK'S SPORTING GDS COM 253393102 9,897 212,570 SH   SOLE   212,570 0 0
DIGITAL REALTY TRUST COM 253868103 14,201 243,509 SH   SOLE   243,509 0 0
DIRECTV COM 25490A309 77,966 917,145 SH   SOLE   917,145 0 0
DISCOVER FINANCIAL COM 254709108 74,089 1,195,363 SH   SOLE   1,195,363 0 0
DISCOVERY COMMU CL-A COM 25470F104 25,636 345,121 SH   SOLE   345,121 0 0
DISCOVERY COMMU CL-C COM 25470F302 11,406 157,132 SH   SOLE   157,132 0 0
DISH NETWORK CORP-A COM 25470M109 27,034 415,392 SH   SOLE   415,392 0 0
DOLBY LABORATO.-CL A COM 25659T107 14,458 334,680 SH   SOLE   334,680 0 0
DOLLAR GENERAL CORP COM 256677105 38,825 676,858 SH   SOLE   676,858 0 0
DOLLAR TREE INC COM 256746108 22,243 408,437 SH   SOLE   408,437 0 0
DOMINION RESOURCES COM 25746U109 87,642 1,225,414 SH   SOLE   1,225,414 0 0
DONALDSON COMPANY COM 257651109 40,632 960,122 SH   SOLE   960,122 0 0
DONNELLEY & SONS CO. COM 257867101 9,362 552,000 SH   SOLE   552,000 0 0
DOVER CORP COM 260003108 29,633 325,814 SH   SOLE   325,814 0 0
DOW CHEMICAL COM 260543103 119,823 2,328,464 SH   SOLE   2,328,464 0 0
DR PEPPER SNAPPLE COM 26138E109 24,888 424,848 SH   SOLE   424,848 0 0
DR. REDDY'S LAB(ADR) ADR 256135203 3,953 91,600 SH   SOLE   91,600 0 0
DTE ENERGY COMPANY COM 233331107 27,412 352,021 SH   SOLE   352,021 0 0
DU PONT (E.I.) COM 263534109 125,845 1,923,065 SH   SOLE   1,923,065 0 0
DUKE ENERGY CORP. COM 26441C204 127,314 1,716,060 SH   SOLE   1,716,060 0 0
DUKE REALTY CORP COM 264411505 10,996 605,483 SH   SOLE   605,483 0 0
DUN & BRADSTREET COM 26483E100 8,202 74,429 SH   SOLE   74,429 0 0
EASTMAN CHEMICAL COM 277432100 25,581 292,857 SH   SOLE   292,857 0 0
EATON CORP PLC COM G29183103 130,254 1,687,665 SH   SOLE   1,687,665 0 0
EATON VANCE CORP COM 278265103 8,534 225,823 SH   SOLE   225,823 0 0
EBAY INC COM 278642103 211,509 4,225,101 SH   SOLE   4,225,101 0 0
ECOLAB INC COM 278865100 62,304 559,587 SH   SOLE   559,587 0 0
EDISON INTERNATIONAL COM 281020107 50,193 863,755 SH   SOLE   863,755 0 0
EDWARDS LIFESCIENCES COM 28176E108 17,780 207,132 SH   SOLE   207,132 0 0
ELECTRONIC ARTS COM 285512109 20,762 578,814 SH   SOLE   578,814 0 0
ELETROBRAS-ADR C ADR 15234Q207 318 108,900 SH   SOLE   108,900 0 0
ELETROBRAS-ADR P ADR 15234Q108 89 18,700 SH   SOLE   18,700 0 0
EMBRAER SA (ADR) ADR 29082A107 3,435 94,300 SH   SOLE   94,300 0 0
EMC CORP-MASS COM 268648102 153,936 5,844,180 SH   SOLE   5,844,180 0 0
EMERSON ELECTRIC COM 291011104 89,268 1,345,212 SH   SOLE   1,345,212 0 0
EMPRESA NAC ELEC(ADR ADR 29244T101 2,057 45,500 SH   SOLE   45,500 0 0
ENDO INTERNATIONAL P COM G30401106 18,681 266,789 SH   SOLE   266,789 0 0
ENERGEN CORP COM 29265N108 12,374 139,226 SH   SOLE   139,226 0 0
ENERGIZER HOLDINGS COM 29266R108 25,302 207,340 SH   SOLE   207,340 0 0
ENERSIS S.A. (ADR) ADR 29274F104 2,556 151,700 SH   SOLE   151,700 0 0
ENSCO PLC CL-A COM G3157S106 63,508 1,142,851 SH   SOLE   1,142,851 0 0
ENTERGY CORP NEW COM 29364G103 32,713 398,506 SH   SOLE   398,506 0 0
EOG RESOURCES INC. COM 26875P101 243,102 2,080,288 SH   SOLE   2,080,288 0 0
EQT CORPORATION COM 26884L109 31,259 292,418 SH   SOLE   292,418 0 0
EQUIFAX INC. COM 294429105 16,690 230,074 SH   SOLE   230,074 0 0
EQUINIX INC COM 29444U502 30,237 143,925 SH   SOLE   143,925 0 0
EQUITY RESIDENTIAL COM 29476L107 41,148 653,144 SH   SOLE   653,144 0 0
ESSEX PROPERTY TRUST COM 297178105 21,444 115,968 SH   SOLE   115,968 0 0
ESTEE LAUDER CO.CL-A COM 518439104 36,310 488,959 SH   SOLE   488,959 0 0
EVEREST RE GROUP LTD COM G3223R108 23,413 145,883 SH   SOLE   145,883 0 0
EXELON CORPORATION COM 30161N101 61,044 1,673,362 SH   SOLE   1,673,362 0 0
EXPEDIA INC. COM 30212P303 15,684 199,132 SH   SOLE   199,132 0 0
EXPEDITORS INTL WASH COM 302130109 17,066 386,452 SH   SOLE   386,452 0 0
EXPRESS SCRIPTS HOLD COM 30219G108 152,497 2,199,577 SH   SOLE   2,199,577 0 0
EXXON MOBIL CORP. COM 30231G102 919,012 9,128,052 SH   SOLE   9,128,052 0 0
F M C CORP COM 302491303 18,222 255,968 SH   SOLE   255,968 0 0
F5 NETWORKS INC. COM 315616102 20,813 186,764 SH   SOLE   186,764 0 0
FACEBOOK INC-A COM 30303M102 282,400 4,196,754 SH   SOLE   4,196,754 0 0
FAMILY DOLLAR STORES COM 307000109 17,511 264,752 SH   SOLE   264,752 0 0
FASTENAL COMPANY COM 311900104 66,734 1,348,442 SH   SOLE   1,348,442 0 0
FEDERAL REALTY INVT COM 313747206 17,862 147,716 SH   SOLE   147,716 0 0
FEDEX CORPORATION COM 31428X106 85,417 564,258 SH   SOLE   564,258 0 0
FIBRIA CEL SA (ADR) ADR 31573A109 423 43,511 SH   SOLE   43,511 0 0
FIDELITY NATIONAL IN COM 31620M106 31,222 570,373 SH   SOLE   570,373 0 0
FIDELITY NATL FIN-A COM 31620R105 15,390 469,778 SH   SOLE   469,778 0 0
FIFTH THIRD BANCORP COM 316773100 34,688 1,624,709 SH   SOLE   1,624,709 0 0
FIREEYE INC COM 31816Q101 5,375 132,548 SH   SOLE   132,548 0 0
FIRST REPUBLIC BANK COM 33616C100 96,938 1,762,828 SH   SOLE   1,762,828 0 0
FIRST SOLAR INC COM 336433107 5,770 81,200 SH   SOLE   81,200 0 0
FIRSTENERGY CORP. COM 337932107 27,989 806,127 SH   SOLE   806,127 0 0
FISERV INC. COM 337738108 29,849 494,838 SH   SOLE   494,838 0 0
FLEETCOR TECHNOLOGIE COM 339041105 18,601 141,129 SH   SOLE   141,129 0 0
FLEXTRONICS INTL LTD COM Y2573F102 12,993 1,173,756 SH   SOLE   1,173,756 0 0
FLIR SYSTEMS INC. COM 302445101 25,320 729,060 SH   SOLE   729,060 0 0
FLOWSERVE CORP. COM 34354P105 19,262 259,077 SH   SOLE   259,077 0 0
FLUOR CORP COM 343412102 31,889 414,677 SH   SOLE   414,677 0 0
FMC TECHNOLOGIES INC COM 30249U101 27,160 444,741 SH   SOLE   444,741 0 0
FOMENTO ECONO (ADR) ADR 344419106 11,229 119,900 SH   SOLE   119,900 0 0
FORD MOTOR COMPANY COM 345370860 127,641 7,403,799 SH   SOLE   7,403,799 0 0
FOREST LABORATORIES COM 345838106 45,599 460,593 SH   SOLE   460,593 0 0
FOSSIL GROUP INC COM 34988V106 9,840 94,140 SH   SOLE   94,140 0 0
FRANKLIN RESOURCES COM 354613101 68,638 1,186,683 SH   SOLE   1,186,683 0 0
FREEP'T-MCMORAN C&G COM 35671D857 73,402 2,011,015 SH   SOLE   2,011,015 0 0
FRONTIER COMM. CORP COM 35906A108 11,311 1,936,793 SH   SOLE   1,936,793 0 0
GAMESTOP CORP CL-A COM 36467W109 9,060 223,874 SH   SOLE   223,874 0 0
GANNETT COM 364730101 33,207 1,060,579 SH   SOLE   1,060,579 0 0
GAP INC COM 364760108 19,874 478,097 SH   SOLE   478,097 0 0
GARMIN LTD. COM H2906T109 13,585 223,070 SH   SOLE   223,070 0 0
GENERAL DYNAMICS COM 369550108 64,673 554,896 SH   SOLE   554,896 0 0
GENERAL ELECTRIC COM 369604103 523,797 19,931,397 SH   SOLE   19,931,397 0 0
GENERAL GROWTH PROPE COM 370023103 24,028 1,019,861 SH   SOLE   1,019,861 0 0
GENERAL MILLS COM 370334104 77,871 1,482,135 SH   SOLE   1,482,135 0 0
GENERAL MOTORS CO. COM 37045V100 115,630 3,185,406 SH   SOLE   3,185,406 0 0
GENOMIC HEALTH INC. COM 37244C101 7,064 257,820 SH   SOLE   257,820 0 0
GENUINE PARTS COM 372460105 27,061 308,207 SH   SOLE   308,207 0 0
GENWORTH FIN.-CL A COM 37247D106 16,386 941,708 SH   SOLE   941,708 0 0
GERDAU S.A. (ADR) ADR 373737105 978 166,100 SH   SOLE   166,100 0 0
GILEAD SCIENCES INC COM 375558103 261,265 3,151,191 SH   SOLE   3,151,191 0 0
GOLDMAN SACHS GROUP COM 38141G104 181,310 1,082,833 SH   SOLE   1,082,833 0 0
GOOGLE INC.-CL A COM 38259P508 421,738 721,327 SH   SOLE   721,327 0 0
GOOGLE INC-CL C COM 38259P706 406,886 707,284 SH   SOLE   707,284 0 0
GRAINGER (W.W.) INC COM 384802104 30,326 119,265 SH   SOLE   119,265 0 0
GRP AEROPORT DEL(ADR ADR 400506101 1,427 21,100 SH   SOLE   21,100 0 0
GRUPO TELEVISA (ADR) ADR 40049J206 2,927 85,300 SH   SOLE   85,300 0 0
HALLIBURTON CO. COM 406216101 188,109 2,649,054 SH   SOLE   2,649,054 0 0
HARLEY DAVIDSON INC COM 412822108 119,424 1,709,727 SH   SOLE   1,709,727 0 0
HARRIS COM 413875105 15,278 201,687 SH   SOLE   201,687 0 0
HARTFORD FINL SVCS COM 416515104 44,200 1,234,279 SH   SOLE   1,234,279 0 0
HASBRO INC COM 418056107 13,144 247,764 SH   SOLE   247,764 0 0
HCA HOLDINGS INC. COM 40412C101 69,574 1,234,020 SH   SOLE   1,234,020 0 0
HCP INC COM 40414L109 44,106 1,065,867 SH   SOLE   1,065,867 0 0
HDFC BANK LTD. (ADR) ADR 40415F101 5,136 109,700 SH   SOLE   109,700 0 0
HEALTH CARE REIT INC COM 42217K106 36,883 588,524 SH   SOLE   588,524 0 0
HELMERICH & PAYNE COM 423452101 23,619 203,415 SH   SOLE   203,415 0 0
HENRY SCHEIN INC. COM 806407102 21,493 181,136 SH   SOLE   181,136 0 0
HERBALIFE LTD COM G4412G101 9,913 153,595 SH   SOLE   153,595 0 0
HERTZ GLOBAL HLDG COM 42805T105 23,823 849,901 SH   SOLE   849,901 0 0
HESS CORPORATION COM 42809H107 56,666 573,020 SH   SOLE   573,020 0 0
HEWLETT PACKARD CO. COM 428236103 139,731 4,148,795 SH   SOLE   4,148,795 0 0
HOLLYFRONTIER CORP COM 436106108 15,716 359,705 SH   SOLE   359,705 0 0
HOLOGIC INC COM 436440101 43,495 1,715,781 SH   SOLE   1,715,781 0 0
HOME DEPOT COM 437076102 270,916 3,346,295 SH   SOLE   3,346,295 0 0
HONEYWELL INTL INC. COM 438516106 139,665 1,502,584 SH   SOLE   1,502,584 0 0
HORMEL FOODS CORP. COM 440452100 18,434 373,530 SH   SOLE   373,530 0 0
HOSPIRA INC COM 441060100 16,179 314,954 SH   SOLE   314,954 0 0
HOST HOTEL&RES(REIT) COM 44107P104 32,096 1,458,226 SH   SOLE   1,458,226 0 0
HOWARD HUGHES CORP COM 44267D107 7,762 49,180 SH   SOLE   49,180 0 0
HUDSON CITY BANCORP COM 443683107 9,388 955,077 SH   SOLE   955,077 0 0
HUMANA COM 444859102 37,981 297,377 SH   SOLE   297,377 0 0
HUNTINGTON BANCSHARE COM 446150104 334 35,062 SH   SOLE   35,062 0 0
ICICI BANK LTD.(ADR) ADR 45104G104 13,987 280,310 SH   SOLE   280,310 0 0
IHS INC -CLASS A COM 451734107 17,460 128,696 SH   SOLE   128,696 0 0
ILLINOIS TOOL WORKS COM 452308109 66,714 761,924 SH   SOLE   761,924 0 0
ILLUMINA INC. COM 452327109 107,425 601,685 SH   SOLE   601,685 0 0
INFOSYS LTD. (ADR) ADR 456788108 9,179 170,700 SH   SOLE   170,700 0 0
INGERSOLL-RAND PLC COM G47791101 33,162 530,507 SH   SOLE   530,507 0 0
INTEGRYS ENERGY GRP COM 45822P105 11,083 155,808 SH   SOLE   155,808 0 0
INTEL CORPORATION COM 458140100 305,920 9,900,330 SH   SOLE   9,900,330 0 0
INTERCONTINENTAL EXC COM 45866F104 100,130 530,070 SH   SOLE   530,070 0 0
INTERPUBLIC GROUP CO COM 460690100 15,959 817,970 SH   SOLE   817,970 0 0
INTL BUS MACHINES CO COM 459200101 353,993 1,952,848 SH   SOLE   1,952,848 0 0
INTL FLAVORS&FRAGRAN COM 459506101 21,489 206,071 SH   SOLE   206,071 0 0
INTL GAME TECHNOLOGY COM 459902102 202 12,702 SH   SOLE   12,702 0 0
INTL PAPER COM 460146103 50,828 1,007,093 SH   SOLE   1,007,093 0 0
INTUIT INC. COM 461202103 53,720 667,084 SH   SOLE   667,084 0 0
INTUITIVE SURGICAL COM 46120E602 54,556 132,481 SH   SOLE   132,481 0 0
INVESCO LTD COM G491BT108 50,839 1,346,727 SH   SOLE   1,346,727 0 0
IRON MOUNTAIN INC. COM 462846106 11,029 311,104 SH   SOLE   311,104 0 0
ISHARES IBOXX $ H/Y ETF 464288513 2,228 23,400 SH   SOLE   23,400 0 0
ISHARES JP MORGAN US ETF 464288281 1,729 15,000 SH   SOLE   15,000 0 0
ISHARES LATIN AMERIC ETF 464287390 6,311 165,000 SH   SOLE   165,000 0 0
ISHARES MSCI EMERGIN ETF 464287234 605 14,000 SH   SOLE   14,000 0 0
ISHARES MSCI QATAR C ETF 46434V779 3,278 150,000 SH   SOLE   150,000 0 0
ISHARES MSCI UAE CAP ETF 46434V761 4,170 200,000 SH   SOLE   200,000 0 0
ISHARES TIPS BOND ET ETF 464287176 981 8,500 SH   SOLE   8,500 0 0
ISHARES US REAL ESTA ETF 464287739 1,543 21,500 SH   SOLE   21,500 0 0
ITAU UNIBANCO HLD(AD ADR 465562106 8,347 580,493 SH   SOLE   580,493 0 0
JACOBS ENGINEERING COM 469814107 13,179 247,359 SH   SOLE   247,359 0 0
JARDEN CORP COM 471109108 16,054 270,500 SH   SOLE   270,500 0 0
JB HUNT TRANSPORT SV COM 445658107 13,520 183,251 SH   SOLE   183,251 0 0
JM SMUCKER CO COM 832696405 22,506 211,185 SH   SOLE   211,185 0 0
JOHNSON & JOHNSON COM 478160104 636,106 6,080,153 SH   SOLE   6,080,153 0 0
JOHNSON CONTROLS COM 478366107 95,584 1,914,365 SH   SOLE   1,914,365 0 0
JOY GLOBAL INC. COM 481165108 12,111 196,673 SH   SOLE   196,673 0 0
JPMORGAN CHASE & CO COM 46625H100 491,657 8,532,753 SH   SOLE   8,532,753 0 0
JUNIPER NETWORKS INC COM 48203R104 28,910 1,178,068 SH   SOLE   1,178,068 0 0
KANSAS CITY SOUTHERN COM 485170302 22,553 209,780 SH   SOLE   209,780 0 0
KBR INC. COM 48242W106 6,535 274,023 SH   SOLE   274,023 0 0
KELLOGG COM 487836108 43,984 669,463 SH   SOLE   669,463 0 0
KEURIG GREEN MOUNTAI COM 49271M100 29,279 234,968 SH   SOLE   234,968 0 0
KEYCORP COM 493267108 29,064 2,028,220 SH   SOLE   2,028,220 0 0
KIMBERLY-CLARK CORP COM 494368103 92,430 831,055 SH   SOLE   831,055 0 0
KIMCO REALTY CORP. COM 49446R109 17,747 772,296 SH   SOLE   772,296 0 0
KINDER MORGAN INC COM 49456B101 49,035 1,352,320 SH   SOLE   1,352,320 0 0
KINDER MORGAN MNGMT COM 49455U100 18,876 239,149 SH   SOLE   239,149 0 0
KLA-TENCOR CORP. COM 482480100 24,249 333,818 SH   SOLE   333,818 0 0
KOHL'S CORPORATION COM 500255104 27,540 522,776 SH   SOLE   522,776 0 0
KRAFT FOODS GROUP COM 50076Q106 78,319 1,306,409 SH   SOLE   1,306,409 0 0
KROGER CO. COM 501044101 46,377 938,231 SH   SOLE   938,231 0 0
KT CORP (ADR) ADR 48268K101 436 28,820 SH   SOLE   28,820 0 0
L BRANDS INC COM 501797104 37,898 646,064 SH   SOLE   646,064 0 0
L-3 COMM. HLDGS INC. COM 502424104 20,399 168,935 SH   SOLE   168,935 0 0
LABORATORY CORP AMER COM 50540R409 22,729 221,961 SH   SOLE   221,961 0 0
LAM RESEARCH CORP. COM 512807108 20,899 309,246 SH   SOLE   309,246 0 0
LAS VEGAS SANDS CORP COM 517834107 58,487 767,343 SH   SOLE   767,343 0 0
LATAM AIRLINES (ADR) ADR 51817R106 1,448 107,930 SH   SOLE   107,930 0 0
LEGG MASON INC. COM 524901105 10,696 208,454 SH   SOLE   208,454 0 0
LEGGETT & PLATT INC. COM 524660107 9,569 279,138 SH   SOLE   279,138 0 0
LENNAR CORP CL-A COM 526057104 21,141 503,590 SH   SOLE   503,590 0 0
LEUCADIA NATIONAL CO COM 527288104 14,965 570,762 SH   SOLE   570,762 0 0
LEVEL 3 COMM. INC. COM 52729N308 14,550 331,362 SH   SOLE   331,362 0 0
LIBERTY GLOBAL PLC-A COM G5480U104 18,209 411,792 SH   SOLE   411,792 0 0
LIBERTY GLOBAL PLC-C COM G5480U120 42,840 1,012,533 SH   SOLE   1,012,533 0 0
LIBERTY INTER CORP-A COM 53071M104 60,311 2,054,192 SH   SOLE   2,054,192 0 0
LIBERTY MEDIA CORP-A COM 531229102 24,548 179,603 SH   SOLE   179,603 0 0
LIBERTY PROPERTY COM 531172104 10,565 278,552 SH   SOLE   278,552 0 0
LILLY (ELI) COM 532457108 138,614 2,229,589 SH   SOLE   2,229,589 0 0
LINCOLN ELECTRIC HLD COM 533900106 33,642 481,420 SH   SOLE   481,420 0 0
LINCOLN NATIONAL CO COM 534187109 27,209 528,946 SH   SOLE   528,946 0 0
LINEAR TECHNOLOGY COM 535678106 39,453 838,172 SH   SOLE   838,172 0 0
LINKEDIN CORP - A COM 53578A108 51,434 299,959 SH   SOLE   299,959 0 0
LKQ CORPORATION COM 501889208 15,162 568,078 SH   SOLE   568,078 0 0
LOCKHEED MARTIN CORP COM 539830109 86,850 540,349 SH   SOLE   540,349 0 0
LOEWS CORP COM 540424108 29,479 669,829 SH   SOLE   669,829 0 0
LORILLARD INC COM 544147101 42,048 689,646 SH   SOLE   689,646 0 0
LOWE'S COMPANIES COM 548661107 119,258 2,485,065 SH   SOLE   2,485,065 0 0
LULULEMON ATHLETICA COM 550021109 8,422 208,045 SH   SOLE   208,045 0 0
LYONDELLBASELL CL-A COM N53745100 102,915 1,053,913 SH   SOLE   1,053,913 0 0
M & T CORPORATION COM 55261F104 113,899 918,168 SH   SOLE   918,168 0 0
MACERICH COMPANY COM 554382101 17,629 264,099 SH   SOLE   264,099 0 0
MACY'S INC. COM 55616P104 42,722 736,334 SH   SOLE   736,334 0 0
MANPOWERGROUP COM 56418H100 21,979 259,038 SH   SOLE   259,038 0 0
MARATHON OIL CORP COM 565849106 53,573 1,342,011 SH   SOLE   1,342,011 0 0
MARATHON PETROLEUM COM 56585A102 44,698 572,534 SH   SOLE   572,534 0 0
MARKEL CORP. COM 570535104 95,285 145,332 SH   SOLE   145,332 0 0
MARRIOTT INTL INC'A' COM 571903202 29,197 455,486 SH   SOLE   455,486 0 0
MARSH & MCLENNAN COS COM 571748102 57,911 1,117,540 SH   SOLE   1,117,540 0 0
MARTIN MARIETTA MATE COM 573284106 70,515 534,002 SH   SOLE   534,002 0 0
MARVELL TECHNOLOGY COM G5876H105 41,454 2,892,843 SH   SOLE   2,892,843 0 0
MASCO CORP. COM 574599106 14,869 669,764 SH   SOLE   669,764 0 0
MASTERCARD INC-CL A COM 57636Q104 175,725 2,391,787 SH   SOLE   2,391,787 0 0
MATTEL INC COM 577081102 27,152 696,750 SH   SOLE   696,750 0 0
MAXIM INTEGRATED PRD COM 57772K101 24,948 737,878 SH   SOLE   737,878 0 0
MCCORMICK & CO INC. COM 579780206 19,283 269,352 SH   SOLE   269,352 0 0
MCDONALD'S COM 580135101 217,352 2,157,558 SH   SOLE   2,157,558 0 0
MCGRAW HILL FINCIAL COM 580645109 42,438 511,115 SH   SOLE   511,115 0 0
MCKESSON CORPORATION COM 58155Q103 87,559 470,216 SH   SOLE   470,216 0 0
MDU RESOURCES GROUP COM 552690109 12,458 354,921 SH   SOLE   354,921 0 0
MEAD JOHNSON NUTRITI COM 582839106 35,519 381,227 SH   SOLE   381,227 0 0
MEADWESTVACO CORP COM 583334107 14,941 337,580 SH   SOLE   337,580 0 0
MEDTRONIC INC COM 585055106 129,002 2,023,236 SH   SOLE   2,023,236 0 0
MENTOR GRAPHICS COM 587200106 4,896 227,000 SH   SOLE   227,000 0 0
MERCK & CO. INC COM 58933Y105 353,696 6,114,017 SH   SOLE   6,114,017 0 0
METLIFE INC. COM 59156R108 118,587 2,134,393 SH   SOLE   2,134,393 0 0
METTLER-TOLEDO INTL COM 592688105 36,376 143,675 SH   SOLE   143,675 0 0
MGM RESORTS INTL COM 552953101 19,816 750,596 SH   SOLE   750,596 0 0
MICHAEL KORS COM G60754101 32,650 368,305 SH   SOLE   368,305 0 0
MICROCHIP TECHNOLOGY COM 595017104 40,559 830,951 SH   SOLE   830,951 0 0
MICRON TECHNOLOGY COM 595112103 80,258 2,435,762 SH   SOLE   2,435,762 0 0
MICROSOFT CORP COM 594918104 768,518 18,429,689 SH   SOLE   18,429,689 0 0
MINAS BUENAVENT.(ADR ADR 204448104 1,819 154,000 SH   SOLE   154,000 0 0
MINDRAY MEDICAL(ADR) ADR 602675100 11,588 367,860 SH   SOLE   367,860 0 0
MOBILE TELESYS.(ADR) ADR 607409109 2,983 151,100 SH   SOLE   151,100 0 0
MOHAWK INDUSTRIES COM 608190104 25,735 186,030 SH   SOLE   186,030 0 0
MOLSON COORS BR CL-B COM 60871R209 21,742 293,175 SH   SOLE   293,175 0 0
MONDELEZ INTERNATION COM 609207105 160,501 4,267,496 SH   SOLE   4,267,496 0 0
MONSANTO COMPANY COM 61166W101 142,990 1,146,305 SH   SOLE   1,146,305 0 0
MONSTER BEVERAG CORP COM 611740101 29,688 417,963 SH   SOLE   417,963 0 0
MOODY'S CORPORATION COM 615369105 88,231 1,006,513 SH   SOLE   1,006,513 0 0
MORGAN STANLEY COM 617446448 91,013 2,815,114 SH   SOLE   2,815,114 0 0
MOTOROLA SOLUTIONS COM 620076307 31,947 479,897 SH   SOLE   479,897 0 0
MURPHY OIL CORP. COM 626717102 22,424 337,307 SH   SOLE   337,307 0 0
MYLAN INC COM 628530107 45,301 878,612 SH   SOLE   878,612 0 0
MYRIAD GENETICS INC. COM 62855J104 16,520 424,450 SH   SOLE   424,450 0 0
NABORS INDUSTRIES COM G6359F103 14,727 501,415 SH   SOLE   501,415 0 0
NASDAQ OMX GROUP COM 631103108 8,556 221,543 SH   SOLE   221,543 0 0
NATIONAL-OILWELL V COM 637071101 68,408 830,703 SH   SOLE   830,703 0 0
NAVIENT CORP COM 63938C108 14,867 839,447 SH   SOLE   839,447 0 0
NCR CORPORATION COM 62886E108 211 6,027 SH   SOLE   6,027 0 0
NETAPP INC COM 64110D104 25,157 688,854 SH   SOLE   688,854 0 0
NETFLIX.COM INC. COM 64110L106 46,835 106,299 SH   SOLE   106,299 0 0
NETSUITE INC. COM 64118Q107 5,416 62,341 SH   SOLE   62,341 0 0
NEW ORIENTAL ED(ADR) ADR 647581107 10,356 389,760 SH   SOLE   389,760 0 0
NEW YORK COMMUN.BANC COM 649445103 27,417 1,715,678 SH   SOLE   1,715,678 0 0
NEWELL RUBBERMAID COM 651229106 30,836 995,032 SH   SOLE   995,032 0 0
NEWFIELD EXPLORATION COM 651290108 243 5,498 SH   SOLE   5,498 0 0
NEWMONT MINING CO HL COM 651639106 28,017 1,101,310 SH   SOLE   1,101,310 0 0
NEWS CORP-CLASS A COM 65249B109 12,724 709,271 SH   SOLE   709,271 0 0
NEXTERA ENERGY INC. COM 65339F101 94,165 918,860 SH   SOLE   918,860 0 0
NIELSEN NV COM N63218106 27,993 578,257 SH   SOLE   578,257 0 0
NIKE INC CL'B' COM 654106103 110,385 1,423,401 SH   SOLE   1,423,401 0 0
NISOURCE INC. COM 65473P105 23,717 602,867 SH   SOLE   602,867 0 0
NOBLE CORP PLC COM G65431101 17,524 522,160 SH   SOLE   522,160 0 0
NOBLE ENERGY INC COM 655044105 53,253 687,495 SH   SOLE   687,495 0 0
NORDSTROM INC. COM 655664100 18,589 273,655 SH   SOLE   273,655 0 0
NORFOLK SOUTHERN COM 655844108 81,316 789,242 SH   SOLE   789,242 0 0
NORTHEAST UTILITIES COM 664397106 32,474 687,000 SH   SOLE   687,000 0 0
NORTHERN TRUST COM 665859104 27,549 429,049 SH   SOLE   429,049 0 0
NORTHROP GRUMMAN COM 666807102 47,633 398,166 SH   SOLE   398,166 0 0
NOVO NORDIS-SPON ADR ADR 670100205 9,044 195,800 SH   SOLE   195,800 0 0
NOW INC COM 67011P100 37,905 1,046,803 SH   SOLE   1,046,803 0 0
NRG ENERGY INC COM 629377508 35,262 947,901 SH   SOLE   947,901 0 0
NUANCE COMMUNICATION COM 67020Y100 9,004 479,676 SH   SOLE   479,676 0 0
NUCOR CORP COM 670346105 30,542 620,139 SH   SOLE   620,139 0 0
NVIDIA CORP. COM 67066G104 25,358 1,367,748 SH   SOLE   1,367,748 0 0
NXP SEMICONDUCTOR NV COM N6596X109 9,051 136,757 SH   SOLE   136,757 0 0
OCCIDENTAL PETROLEUM COM 674599105 161,754 1,576,091 SH   SOLE   1,576,091 0 0
OCEANEERING INTL INC COM 675232102 15,716 201,147 SH   SOLE   201,147 0 0
OCWEN FINANCIAL CORP COM 675746309 8,019 216,159 SH   SOLE   216,159 0 0
OGE ENERGY CORP COM 670837103 14,925 381,907 SH   SOLE   381,907 0 0
OLD REPUBLIC INTL. COM 680223104 199 12,055 SH   SOLE   12,055 0 0
OMNICARE INC. COM 681904108 13,173 197,887 SH   SOLE   197,887 0 0
OMNICOM GROUP COM 681919106 34,787 488,447 SH   SOLE   488,447 0 0
ONEOK INC. COM 682680103 26,264 385,778 SH   SOLE   385,778 0 0
ORACLE CORPORATION COM 68389X105 398,488 9,831,921 SH   SOLE   9,831,921 0 0
O'REILLY AUTOMOTIVE COM 67103H107 36,635 243,258 SH   SOLE   243,258 0 0
OWENS-ILLINOIS INC. COM 690768403 10,687 308,503 SH   SOLE   308,503 0 0
PACCAR INC COM 693718108 41,983 668,204 SH   SOLE   668,204 0 0
PACKAGING CORP AMERI COM 695156109 3,896 54,500 SH   SOLE   54,500 0 0
PALL CORP COM 696429307 18,017 210,992 SH   SOLE   210,992 0 0
PARKER HANNIFIN COM 701094104 41,653 331,290 SH   SOLE   331,290 0 0
PARTNERRE LIMITED COM G6852T105 11,746 107,558 SH   SOLE   107,558 0 0
PATTERSON COS INC COM 703395103 6,954 176,009 SH   SOLE   176,009 0 0
PAYCHEX INC COM 704326107 31,446 756,641 SH   SOLE   756,641 0 0
PEABODY ENERGY CO. COM 704549104 8,432 515,720 SH   SOLE   515,720 0 0
PENTAIR PLC COM G7S00T104 27,167 376,696 SH   SOLE   376,696 0 0
PEOPLE'S UNITED FIN. COM 712704105 17,690 1,166,134 SH   SOLE   1,166,134 0 0
PEPCO HOLDINGS INC. COM 713291102 13,390 487,249 SH   SOLE   487,249 0 0
PEPSICO INC. COM 713448108 319,536 3,576,634 SH   SOLE   3,576,634 0 0
PERRIGO CO PLC COM G97822103 44,386 304,516 SH   SOLE   304,516 0 0
PETROBRAS (ADR) ADR 71654V101 2,995 191,500 SH   SOLE   191,500 0 0
PETSMART INC. COM 716768106 12,490 208,859 SH   SOLE   208,859 0 0
PFIZER INC. COM 717081103 495,006 16,678,116 SH   SOLE   16,678,116 0 0
PG AND E CORPORATION COM 69331C108 48,252 1,004,837 SH   SOLE   1,004,837 0 0
PHARMACYCLICS INC. COM 716933106 10,686 119,122 SH   SOLE   119,122 0 0
PHILIP MORRIS INTL COM 718172109 351,985 4,174,895 SH   SOLE   4,174,895 0 0
PHILIPPINE LONG(ADR) ADR 718252604 573 8,500 SH   SOLE   8,500 0 0
PHILLIPS 66 COM 718546104 123,526 1,535,821 SH   SOLE   1,535,821 0 0
PINNACLE WEST CAPITA COM 723484101 12,609 217,992 SH   SOLE   217,992 0 0
PIONEER NATURAL RES COM 723787107 61,435 267,329 SH   SOLE   267,329 0 0
PLUM CREEK TIMBER CO COM 729251108 15,339 340,112 SH   SOLE   340,112 0 0
PNC FIN. SERVICES COM 693475105 91,248 1,024,683 SH   SOLE   1,024,683 0 0
POLARIS INDUSTRIES COM 731068102 15,703 120,572 SH   SOLE   120,572 0 0
PPG INDUSTRIES COM 693506107 63,204 300,757 SH   SOLE   300,757 0 0
PPL CORPORATION COM 69351T106 50,656 1,425,736 SH   SOLE   1,425,736 0 0
PRAXAIR INC. COM 74005P104 121,953 918,047 SH   SOLE   918,047 0 0
PRECISION CASTPARTS COM 740189105 69,429 275,077 SH   SOLE   275,077 0 0
PRICELINE GROUP INC COM 741503403 152,093 126,428 SH   SOLE   126,428 0 0
PRINCIPAL FINANCIAL COM 74251V102 28,660 567,753 SH   SOLE   567,753 0 0
PROCTER & GAMBLE COM 742718109 440,843 5,609,407 SH   SOLE   5,609,407 0 0
PROGRESSIVE CORP COM 743315103 77,582 3,059,208 SH   SOLE   3,059,208 0 0
PROLOGIS INC COM 74340W103 38,238 930,593 SH   SOLE   930,593 0 0
PRUDENTIAL FINANCIAL COM 744320102 94,101 1,060,057 SH   SOLE   1,060,057 0 0
PUBLIC SERVICE ENTER COM 744573106 40,755 999,132 SH   SOLE   999,132 0 0
PUBLIC STORAGE COM 74460D109 49,716 290,145 SH   SOLE   290,145 0 0
PULTE GROUP INC. COM 745867101 13,394 664,392 SH   SOLE   664,392 0 0
PVH CORP COM 693656100 21,979 188,496 SH   SOLE   188,496 0 0
QEP RESOURCES INC. COM 74733V100 11,549 334,747 SH   SOLE   334,747 0 0
QIAGEN N.V. COM N72482107 6,811 278,560 SH   SOLE   278,560 0 0
QUALCOMM INC COM 747525103 344,055 4,344,132 SH   SOLE   4,344,132 0 0
QUANTA SERVICES INC COM 74762E102 15,647 452,498 SH   SOLE   452,498 0 0
QUEST DIAGNOSTICS COM 74834L100 20,691 352,553 SH   SOLE   352,553 0 0
QUIMICA Y MINERA(ADR ADR 833635105 1,014 34,600 SH   SOLE   34,600 0 0
QUINTILES TRANS HOLD COM 74876Y101 5,910 110,898 SH   SOLE   110,898 0 0
RACKSPACE HOSTING COM 750086100 7,625 226,518 SH   SOLE   226,518 0 0
RALPH LAUREN CORP-A COM 751212101 18,199 113,258 SH   SOLE   113,258 0 0
RANGE RESOURCES CORP COM 75281A109 27,393 315,048 SH   SOLE   315,048 0 0
RAYMOND JAMES FIN. COM 754730109 11,886 234,292 SH   SOLE   234,292 0 0
RAYONIER INC COM 754907103 8,653 243,401 SH   SOLE   243,401 0 0
RAYTHEON COMPANY COM 755111507 55,993 606,972 SH   SOLE   606,972 0 0
REALOGY HLDGS CORP COM 75605Y106 10,348 274,422 SH   SOLE   274,422 0 0
REALTY INCOME CORP COM 756109104 25,742 579,512 SH   SOLE   579,512 0 0
RED HAT INC COM 756577102 19,829 358,765 SH   SOLE   358,765 0 0
REGENCY CENTERS CORP COM 758849103 9,881 177,465 SH   SOLE   177,465 0 0
REGENERON PHARMACEUT COM 75886F107 41,732 147,738 SH   SOLE   147,738 0 0
REGIONS FINANCIAL COM 7591EP100 42,484 4,000,379 SH   SOLE   4,000,379 0 0
RENAISSANCERE HLDGS COM G7496G103 15,592 145,724 SH   SOLE   145,724 0 0
REPUBLIC SERVICES COM 760759100 27,316 719,406 SH   SOLE   719,406 0 0
RESMED INC COM 761152107 16,485 325,603 SH   SOLE   325,603 0 0
REYNOLDS AMERICAN COM 761713106 57,829 958,222 SH   SOLE   958,222 0 0
RITCHIE BROS. AUCTIO COM 767744105 8,420 341,570 SH   SOLE   341,570 0 0
ROBERT HALF INTL INC COM 770323103 12,524 262,333 SH   SOLE   262,333 0 0
ROCK-TENN CO. CL-A COM 772739207 43,913 415,886 SH   SOLE   415,886 0 0
ROCKWELL AUTOMATION COM 773903109 32,896 262,830 SH   SOLE   262,830 0 0
ROCKWELL COLLINS COM 774341101 18,007 230,449 SH   SOLE   230,449 0 0
ROPER INDUSTRIES INC COM 776696106 27,414 187,754 SH   SOLE   187,754 0 0
ROSS STORES INC. COM 778296103 28,597 432,443 SH   SOLE   432,443 0 0
ROYAL CARIB CRUISES COM V7780T103 60,513 1,088,367 SH   SOLE   1,088,367 0 0
RYANAIR HLDGS (ADR) ADR 783513104 33,621 602,530 SH   SOLE   602,530 0 0
SAFEWAY INC COM 786514208 15,229 443,483 SH   SOLE   443,483 0 0
SALESFORCE.COM INC. COM 79466L302 95,332 1,641,383 SH   SOLE   1,641,383 0 0
SALLY BEAUTY COMPANY COM 79546E104 4,121 164,300 SH   SOLE   164,300 0 0
SANDISK CORPORATION COM 80004C101 59,899 573,577 SH   SOLE   573,577 0 0
SBA COMMUNICATIONS COM 78388J106 34,775 339,930 SH   SOLE   339,930 0 0
SCANA CORP COM 80589M102 13,887 258,082 SH   SOLE   258,082 0 0
SCHLUMBERGER LIMITED COM 806857108 355,321 3,012,469 SH   SOLE   3,012,469 0 0
SCHWAB (CHAS) CORP COM 808513105 59,610 2,213,504 SH   SOLE   2,213,504 0 0
SCRIPPS NETWORKS 'A' COM 811065101 13,160 162,184 SH   SOLE   162,184 0 0
SEAGATE TECHNOLOGY COM G7945M107 35,991 633,428 SH   SOLE   633,428 0 0
SEALED AIR CORP. COM 81211K100 13,366 391,164 SH   SOLE   391,164 0 0
SEARS HOLDING CORP COM 812350106 4,022 100,663 SH   SOLE   100,663 0 0
SEATTLE GENETICS INC COM 812578102 30,929 808,600 SH   SOLE   808,600 0 0
SEI INVESTMENTS CO COM 784117103 8,842 269,828 SH   SOLE   269,828 0 0
SEMPRA ENERGY COM 816851109 52,450 500,904 SH   SOLE   500,904 0 0
SEMTECH CORPORATION COM 816850101 3,517 134,500 SH   SOLE   134,500 0 0
SENSATA TECH HLDG NV COM N7902X106 14,187 303,278 SH   SOLE   303,278 0 0
SERVICENOW INC. COM 81762P102 14,755 238,131 SH   SOLE   238,131 0 0
SHERWIN WILLIAMS COM 824348106 69,170 334,298 SH   SOLE   334,298 0 0
SHINHAN FIN GRP(ADR) ADR 824596100 518 11,300 SH   SOLE   11,300 0 0
SIGMA ALDRICH CORP COM 826552101 23,042 227,058 SH   SOLE   227,058 0 0
SIGNATURE BANK COM 82669G104 6,435 51,000 SH   SOLE   51,000 0 0
SILICONWARE PREC(ADR ADR 827084864 3,737 455,147 SH   SOLE   455,147 0 0
SIMON PROPERTY(REIT) COM 828806109 102,715 617,723 SH   SOLE   617,723 0 0
SIRIUS XM HOLDINGS COM 82968B103 20,017 5,785,378 SH   SOLE   5,785,378 0 0
SK TELECOM (ADR) ADR 78440P108 4,038 155,651 SH   SOLE   155,651 0 0
SL GREEN REALTY CORP COM 78440X101 19,681 179,879 SH   SOLE   179,879 0 0
SLM CORPORATION COM 78442P106 331 39,778 SH   SOLE   39,778 0 0
SOUTHERN CO. COM 842587107 96,688 2,130,620 SH   SOLE   2,130,620 0 0
SOUTHERN COPPER CORP COM 84265V105 1,325 43,617 SH   SOLE   43,617 0 0
SOUTHWEST AIRLINES COM 844741108 10,989 409,137 SH   SOLE   409,137 0 0
SOUTHWESTERN ENERGY COM 845467109 35,371 777,553 SH   SOLE   777,553 0 0
SPDR GOLD TRUST ETF 78463V107 1,536 12,000 SH   SOLE   12,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 19,462 152,000 SH   SOLE   152,000 0 0
SPECTRA ENERGY CORP COM 847560109 55,981 1,317,826 SH   SOLE   1,317,826 0 0
SPLUNK INC. COM 848637104 10,911 197,200 SH   SOLE   197,200 0 0
SPRINT CORP COM 85207U105 12,745 1,494,145 SH   SOLE   1,494,145 0 0
SPX CORP COM 784635104 8,187 75,657 SH   SOLE   75,657 0 0
ST.JUDE MEDICAL COM 790849103 37,105 535,816 SH   SOLE   535,816 0 0
STANLEY BLACK & DECK COM 854502101 66,987 762,771 SH   SOLE   762,771 0 0
STAPLES INC. COM 855030102 13,715 1,265,225 SH   SOLE   1,265,225 0 0
STARBUCKS CORP COM 855244109 119,789 1,548,061 SH   SOLE   1,548,061 0 0
STARWOOD H & R WORLD COM 85590A401 29,432 364,165 SH   SOLE   364,165 0 0
STATE STREET CORP COM 857477103 55,644 827,303 SH   SOLE   827,303 0 0
STEEL DYNAMICS INC. COM 858119100 7,395 412,000 SH   SOLE   412,000 0 0
STERICYCLE INC. COM 858912108 36,060 304,506 SH   SOLE   304,506 0 0
STRATASYS LTD. COM M85548101 14,386 126,600 SH   SOLE   126,600 0 0
STRYKER CORP COM 863667101 57,635 683,529 SH   SOLE   683,529 0 0
SUNTRUST BANKS INC COM 867914103 40,726 1,016,616 SH   SOLE   1,016,616 0 0
SUPERIOR ENERGY SRV. COM 868157108 10,852 300,264 SH   SOLE   300,264 0 0
SVB FINANCIAL GROUP COM 78486Q101 4,309 36,950 SH   SOLE   36,950 0 0
SYMANTEC CORPORATION COM 871503108 30,219 1,319,612 SH   SOLE   1,319,612 0 0
SYNGENTA AG (ADR) ADR 87160A100 5,281 70,600 SH   SOLE   70,600 0 0
SYNOPSYS INC. COM 871607107 17,526 451,467 SH   SOLE   451,467 0 0
SYSCO CORPORATION COM 871829107 42,368 1,131,315 SH   SOLE   1,131,315 0 0
T ROWE PRICE GROUP COM 74144T108 41,969 497,206 SH   SOLE   497,206 0 0
TAIWAN SEMICOND.(ADR ADR 874039100 48,874 2,284,910 SH   SOLE   2,284,910 0 0
TARGET CORP. COM 87612E106 83,745 1,445,120 SH   SOLE   1,445,120 0 0
TATA MOTORS (ADR) ADR 876568502 2,316 59,300 SH   SOLE   59,300 0 0
TD AMERITRADE HLDG COM 87236Y108 98,998 3,157,839 SH   SOLE   3,157,839 0 0
TE CONNECTIVITY LTD COM H84989104 52,925 855,844 SH   SOLE   855,844 0 0
TELEFONICA BRA(ADR) ADR 87936R106 1,547 75,430 SH   SOLE   75,430 0 0
TENARIS S.A. (ADR) ADR 88031M109 4,541 96,300 SH   SOLE   96,300 0 0
TERADATA CORPORATION COM 88076W103 18,716 465,565 SH   SOLE   465,565 0 0
TERADYNE INC COM 880770102 13,042 665,400 SH   SOLE   665,400 0 0
TEREX CORPORATION COM 880779103 6,987 170,000 SH   SOLE   170,000 0 0
TESLA MOTORS INC. COM 88160R101 82,319 342,909 SH   SOLE   342,909 0 0
TESORO CORPORATION COM 881609101 14,521 247,495 SH   SOLE   247,495 0 0
TEVA PHARMACEUT(ADR) ADR 881624209 10,358 197,600 SH   SOLE   197,600 0 0
TEXAS INSTRUMENTS COM 882508104 98,276 2,056,412 SH   SOLE   2,056,412 0 0
TEXTRON COM 883203101 20,435 533,684 SH   SOLE   533,684 0 0
THE ADT CORPORATION COM 00101J106 12,858 367,991 SH   SOLE   367,991 0 0
THE HERSHEY COMPANY COM 427866108 38,548 395,890 SH   SOLE   395,890 0 0
THE MOSAIC COMPANY COM 61945C103 48,125 973,207 SH   SOLE   973,207 0 0
THERMO FISHER SCIENT COM 883556102 101,044 856,309 SH   SOLE   856,309 0 0
TIFFANY & CO. COM 886547108 63,504 633,456 SH   SOLE   633,456 0 0
TIM PARTICIPACOES ADR 88706P205 875 30,141 SH   SOLE   30,141 0 0
TIME INC COM 887228104 1,910 78,881 SH   SOLE   78,881 0 0
TIME WARNER CABLE COM 88732J207 77,922 529,005 SH   SOLE   529,005 0 0
TIME WARNER INC COM 887317303 162,334 2,310,805 SH   SOLE   2,310,805 0 0
TIMKEN CO COM 887389104 4,681 69,000 SH   SOLE   69,000 0 0
TJX COMPANIES COM 872540109 112,676 2,119,957 SH   SOLE   2,119,957 0 0
T-MOBILE US INC COM 872590104 15,158 450,871 SH   SOLE   450,871 0 0
TOLL BROTHERS INC. COM 889478103 12,292 333,116 SH   SOLE   333,116 0 0
TORCHMARK CORP COM 891027104 14,496 176,958 SH   SOLE   176,958 0 0
TOTAL SYSTEM SERVICE COM 891906109 10,516 334,808 SH   SOLE   334,808 0 0
TOWERS WATSON & CO COM 891894107 13,954 133,877 SH   SOLE   133,877 0 0
TRACTOR SUPPLY CO COM 892356106 16,408 271,649 SH   SOLE   271,649 0 0
TRANSDIGM GROUP INC COM 893641100 15,885 94,972 SH   SOLE   94,972 0 0
TRAVELERS COMPANIES COM 89417E109 68,212 725,123 SH   SOLE   725,123 0 0
TRIMBLE NAVIGATION COM 896239100 18,327 496,004 SH   SOLE   496,004 0 0
TRIPADVISOR INC COM 896945201 111,062 1,022,106 SH   SOLE   1,022,106 0 0
TRIUMPH GROUP INC. COM 896818101 6,633 95,000 SH   SOLE   95,000 0 0
TRW AUTOMOTIVE HLDGS COM 87264S106 19,362 216,286 SH   SOLE   216,286 0 0
TWENTY-FIRST CENT(A) COM 90130A101 96,710 2,751,339 SH   SOLE   2,751,339 0 0
TWENTY-FIRST CENT(B) COM 90130A200 28,528 833,411 SH   SOLE   833,411 0 0
TWITTER INC COM 90184L102 18,859 460,305 SH   SOLE   460,305 0 0
TYCO INTL LTD COM H89128104 69,177 1,517,032 SH   SOLE   1,517,032 0 0
TYSON FOODS CL 'A' COM 902494103 19,689 524,468 SH   SOLE   524,468 0 0
U.S. BANCORP COM 902973304 212,016 4,894,184 SH   SOLE   4,894,184 0 0
UDR INC COM 902653104 13,936 486,766 SH   SOLE   486,766 0 0
ULTA SALON COSMETICS COM 90384S303 12,715 139,100 SH   SOLE   139,100 0 0
ULTRA PETROLEUM CORP COM 903914109 45,955 1,547,815 SH   SOLE   1,547,815 0 0
ULTRAPAR PARTIC(ADR) ADR 90400P101 1,423 60,300 SH   SOLE   60,300 0 0
UNDER ARMOUR -CL A COM 904311107 18,319 307,927 SH   SOLE   307,927 0 0
UNION PACIFIC COM 907818108 174,292 1,747,289 SH   SOLE   1,747,289 0 0
UNITED CONTINENTAL COM 910047109 7,170 174,587 SH   SOLE   174,587 0 0
UNITED MICROELEC(ADR ADR 910873405 760 315,500 SH   SOLE   315,500 0 0
UNITED PARCEL SRV-B COM 911312106 159,990 1,558,442 SH   SOLE   1,558,442 0 0
UNITED RENTALS INC. COM 911363109 37,555 358,592 SH   SOLE   358,592 0 0
UNITED TECHNOLOGIES COM 913017109 198,437 1,718,816 SH   SOLE   1,718,816 0 0
UNITEDHEALTH GROUP COM 91324P102 185,149 2,264,816 SH   SOLE   2,264,816 0 0
UNIVERSAL HEALTH-B COM 913903100 16,518 172,492 SH   SOLE   172,492 0 0
UNUM GROUP COM 91529Y106 17,458 502,256 SH   SOLE   502,256 0 0
URBAN OUTFITTERS INC COM 917047102 7,418 219,085 SH   SOLE   219,085 0 0
V.F. CORP COM 918204108 41,924 665,466 SH   SOLE   665,466 0 0
VALE SA (ADR)(PFD) ADR 91912E204 3,760 316,000 SH   SOLE   316,000 0 0
VALERO ENERGY CORP. COM 91913Y100 69,361 1,384,457 SH   SOLE   1,384,457 0 0
VANTIV INC-CL A COM 92210H105 8,987 267,300 SH   SOLE   267,300 0 0
VARIAN MEDICAL SYSTE COM 92220P105 48,896 588,113 SH   SOLE   588,113 0 0
VCA INC COM 918194101 8,804 250,900 SH   SOLE   250,900 0 0
VENTAS INC. COM 92276F100 35,824 558,878 SH   SOLE   558,878 0 0
VERIFONE SYSTEMS INC COM 92342Y109 3,311 90,100 SH   SOLE   90,100 0 0
VERISIGN INC. COM 92343E102 11,891 243,622 SH   SOLE   243,622 0 0
VERISK ANALYTICS -A COM 92345Y106 18,781 312,918 SH   SOLE   312,918 0 0
VERIZON COMMUNICAT. COM 92343V104 463,630 9,475,375 SH   SOLE   9,475,375 0 0
VERTEX PHARMACEUTIC. COM 92532F100 41,834 441,843 SH   SOLE   441,843 0 0
VIACOM INC.CLS-B NEW COM 92553P201 64,889 748,170 SH   SOLE   748,170 0 0
VINA CONCHA Y T(ADR) ADR 927191106 608 15,210 SH   SOLE   15,210 0 0
VISA INC-CL A SHARES COM 92826C839 264,311 1,254,381 SH   SOLE   1,254,381 0 0
VMWARE INC. CLASS-A COM 928563402 15,423 159,308 SH   SOLE   159,308 0 0
VORNADO REALTY TRUST COM 929042109 34,276 321,144 SH   SOLE   321,144 0 0
VOYA FINANCIAL INC COM 929089100 9,823 270,308 SH   SOLE   270,308 0 0
VULCAN MATERIALS CO COM 929160109 15,630 245,177 SH   SOLE   245,177 0 0
WAL MART STORES INC. COM 931142103 299,076 3,983,960 SH   SOLE   3,983,960 0 0
WALGREEN CO. COM 931422109 142,508 1,922,408 SH   SOLE   1,922,408 0 0
WALT DISNEY CO COM 254687106 290,479 3,387,901 SH   SOLE   3,387,901 0 0
WASTE MANAGEMENT INC COM 94106L109 43,063 962,732 SH   SOLE   962,732 0 0
WATERS CORPORATION COM 941848103 71,617 685,727 SH   SOLE   685,727 0 0
WATSCO INC. COM 942622200 38,886 378,420 SH   SOLE   378,420 0 0
WEATHERFORD INTERNAT COM H27013103 33,668 1,463,821 SH   SOLE   1,463,821 0 0
WELLPOINT INC. COM 94973V107 141,056 1,310,812 SH   SOLE   1,310,812 0 0
WELLS FARGO COMPANY COM 949746101 531,632 10,114,767 SH   SOLE   10,114,767 0 0
WESTERN DIGITAL CORP COM 958102105 40,074 434,176 SH   SOLE   434,176 0 0
WESTERN UNION COM. COM 959802109 18,260 1,053,064 SH   SOLE   1,053,064 0 0
WESTLAKE CHEMICAL COM 960413102 7,468 89,157 SH   SOLE   89,157 0 0
WEYERHAEUSER COM 962166104 60,695 1,834,232 SH   SOLE   1,834,232 0 0
WHIRLPOOL CORP COM 963320106 34,838 250,240 SH   SOLE   250,240 0 0
WHITING PETROLEUM CO COM 966387102 17,714 220,732 SH   SOLE   220,732 0 0
WHOLE FOODS MARKET COM 966837106 49,583 1,283,534 SH   SOLE   1,283,534 0 0
WILLIAMS COMPANIES COM 969457100 85,587 1,470,307 SH   SOLE   1,470,307 0 0
WILLIS GROUP HLDGS COM G96666105 14,189 327,694 SH   SOLE   327,694 0 0
WINDSTREAM HOLDINGS COM 97382A101 11,348 1,139,376 SH   SOLE   1,139,376 0 0
WIPRO LIMITED (ADR) ADR 97651M109 5,328 448,097 SH   SOLE   448,097 0 0
WISCONSIN ENERGY COM 976657106 25,741 548,614 SH   SOLE   548,614 0 0
WORKDAY INC COM 98138H101 30,094 334,896 SH   SOLE   334,896 0 0
WYNDHAM WORLDWIDE CO COM 98310W108 19,108 252,348 SH   SOLE   252,348 0 0
WYNN RESORTS LIMITED COM 983134107 31,636 152,418 SH   SOLE   152,418 0 0
XCEL ENERGY INC COM 98389B100 34,663 1,075,480 SH   SOLE   1,075,480 0 0
XEROX COM 984121103 28,024 2,252,753 SH   SOLE   2,252,753 0 0
XILINX INC. COM 983919101 67,867 1,434,511 SH   SOLE   1,434,511 0 0
XL GROUP PLC COM G98290102 18,320 559,740 SH   SOLE   559,740 0 0
XUEDA EDUCATION(ADR) ADR 98418W109 53 12,000 SH   SOLE   12,000 0 0
XYLEM INC. COM 98419M100 13,790 352,866 SH   SOLE   352,866 0 0
YAHOO! INC. COM 984332106 65,839 1,874,158 SH   SOLE   1,874,158 0 0
YELP INC COM 985817105 3,696 48,200 SH   SOLE   48,200 0 0
YUM! BRANDS INC COM 988498101 69,408 854,774 SH   SOLE   854,774 0 0
ZIMMER HOLDINGS INC. COM 98956P102 33,583 323,350 SH   SOLE   323,350 0 0
ZIONS BANCORPORATION COM 989701107 226 7,666 SH   SOLE   7,666 0 0
ZOETIS INC COM 98978V103 32,081 994,148 SH   SOLE   994,148 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 563 6,000 SH   SOLE   6,000 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 11,786 70,200 SH   SOLE   70,200 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 9,982 51,000 SH   SOLE   51,000 0 0