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
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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
Biogen IDEC Inc. COMMON STOCK 09062x103 95,624,600 289,062 SH   SOLE 0.00 232,151 0 56,911
Celgene Corp. COMMON STOCK 151020104 103,920,772 1,096,442 SH   SOLE 0.00 888,521 0 207,921
Express Scripts Inc COMMON STOCK 30219G108 99,552,561 1,409,494 SH   SOLE 0.00 1,148,121 0 261,373
Gilead Sciences, Inc. COMMON STOCK 375558103 97,231,217 913,398 SH   SOLE 0.00 736,863 0 176,535
HCA Holdings, Inc. COMMON STOCK 40412c101 101,297,325 1,436,434 SH   SOLE 0.00 1,159,140 0 277,294
Comcast Corp. COMMON STOCK 20030n101 95,437,611 1,774,593 SH   SOLE 0.00 1,426,971 0 347,622
Disney, Walt Co. COMMON STOCK 254687106 98,889,182 1,110,740 SH   SOLE 0.00 896,699 0 214,041
Michael Kors Hld. COMMON STOCK G60754101 97,939,084 1,371,888 SH   SOLE 0.00 1,104,379 0 267,509
Nike, Inc. Class B COMMON STOCK 654106103 98,546,465 1,104,781 SH   SOLE 0.00 890,716 0 214,065
Nordstrom, Inc. COMMON STOCK 655664100 96,490,786 1,411,303 SH   SOLE 0.00 1,134,860 0 276,443
TJX Companies COMMON STOCK 872540109 97,577,365 1,649,102 SH   SOLE 0.00 1,331,048 0 318,054
CVS Health COMMON STOCK 126650100 98,231,728 1,234,222 SH   SOLE 0.00 994,708 0 239,514
Costco Wholesale COMMON STOCK 22160K105 102,564,519 818,421 SH   SOLE 0.00 662,399 0 156,022
Estee Lauder Cos. COMMON STOCK 518439104 96,778,913 1,295,221 SH   SOLE 0.00 1,042,288 0 252,933
Adobe Systems, Inc. COMMON STOCK 00724f101 99,297,613 1,435,144 SH   SOLE 0.00 1,153,851 0 281,293
Apple Inc. COMMON STOCK 037833100 98,921,891 981,855 SH   SOLE 0.00 790,706 0 191,149
E M C Corp. COMMON STOCK 268648102 96,152,573 3,286,144 SH   SOLE 0.00 2,637,954 0 648,190
Oracle Corp. COMMON STOCK 68389X105 98,010,619 2,560,361 SH   SOLE 0.00 2,064,493 0 495,868
Qualcomm, Inc. COMMON STOCK 747525103 95,793,296 1,281,172 SH   SOLE 0.00 1,029,501 0 251,671
eBay, Inc. COMMON STOCK 278642103 103,517,148 1,827,956 SH   SOLE 0.00 1,471,938 0 356,018
Consumer Discretionary Select Sect SPDR Fd COMMON STOCK 81369y407 966,538 14,493 SH   SOLE 0.00 14,493 0 0
Consumer Staples Select Sector SPDR Fund COMMON STOCK 81369Y308 492,736 10,923 SH   SOLE 0.00 10,923 0 0
Health Care Select Sector SPDR Fund COMMON STOCK 81369y209 817,089 12,785 SH   SOLE 0.00 12,785 0 0
SPDR Barclays High Yield Bond ETF COMMON STOCK 78464A417 84,578 2,105 SH   SOLE 0.00 2,105 0 0
Vanguard Extended Market ETF COMMON STOCK 922908652 542,099 6,486 SH   SOLE 0.00 6,486 0 0
Vanguard FTSE All-World ex-US ETF COMMON STOCK 922042775 1,654,316 33,597 SH   SOLE 0.00 33,597 0 0
Vanguard Information Technology ETF COMMON STOCK 92204a702 977,981 9,772 SH   SOLE 0.00 9,772 0 0
iShares 1-3 Year Credit Bond ETF COMMON STOCK 464288646 493,236 4,685 SH   SOLE 0.00 4,685 0 0
iShares MSCI All Country Asia ex Japan ETF COMMON STOCK 464288182 357,372 5,828 SH   SOLE 0.00 5,828 0 0
iShares Russell 3000 ETF COMMON STOCK 464287689 138,279 1,184 SH   SOLE 0.00 1,184 0 0
iShares iBoxx $ Invest. Grade Corp Bd ETF COMMON STOCK 464287242 98,950 837 SH   SOLE 0.00 837 0 0
SPDR Tr Unit Ser 1 COMMON STOCK 78462f103 954,955 4,847 SH   SOLE 0.00 4,847 0 0