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
Amgen, Inc. COMMON STOCK 031162100 80,277,865 717,279 SH   SOLE   409,854 0 307,425
Biogen IDEC Inc. COMMON STOCK 09062x103 83,119,982 345,240 SH   SOLE   197,288 0 147,952
Celgene Corp. COMMON STOCK 151020104 90,738,518 588,676 SH   SOLE   342,575 0 246,101
Express Scripts Inc COMMON STOCK 30219G108 144,683,935 2,341,164 SH   SOLE   1,315,538 0 1,025,626
Gilead Sciences, Inc. COMMON STOCK 375558103 85,907,014 1,366,423 SH   SOLE   791,523 0 574,900
Johnson & Johnson COMMON STOCK 478160104 147,715,425 1,703,950 SH   SOLE   961,004 0 742,946
Coach, Inc. COMMON STOCK 189754104 143,267,596 2,627,317 SH   SOLE   1,446,541 0 1,180,776
Disney, Walt Co. COMMON STOCK 254687106 147,617,803 2,289,003 SH   SOLE   1,281,699 0 1,007,304
Nike, Inc. Class B COMMON STOCK 654106103 169,737,161 2,336,690 SH   SOLE   1,331,023 0 1,005,667
Nordstrom, Inc. COMMON STOCK 655664100 142,118,616 2,528,801 SH   SOLE   1,404,462 0 1,124,339
Target Corp. COMMON STOCK 87612E106 138,589,503 2,166,137 SH   SOLE   1,196,314 0 969,823
CVS Caremark COMMON STOCK 126650100 142,205,966 2,505,832 SH   SOLE   1,398,564 0 1,107,268
Costco Wholesale COMMON STOCK 22160K105 151,314,837 1,313,839 SH   SOLE   742,182 0 571,657
Estee Lauder Cos. COMMON STOCK 518439104 150,009,803 2,146,063 SH   SOLE   1,199,852 0 946,211
Mondelez Int'l COMMON STOCK 609207105 151,520,562 4,822,424 SH   SOLE   2,723,529 0 2,098,895
Whole Foods Market COMMON STOCK 966837106 161,356,747 2,758,235 SH   SOLE   1,570,416 0 1,187,819
American Express Co. COMMON STOCK 025816109 151,040 2,000 SH   SOLE   2,000 0 0
Adobe Systems, Inc. COMMON STOCK 00724f101 170,850,293 3,289,378 SH   SOLE   1,885,291 0 1,404,087
E M C Corp. COMMON STOCK 268648102 149,146,561 5,835,155 SH   SOLE   3,302,664 0 2,532,491
Int'l Business Machines COMMON STOCK 459200101 138,599,452 748,458 SH   SOLE   411,383 0 337,075
Oracle Corp. COMMON STOCK 68389X105 145,462,689 4,385,369 SH   SOLE   2,440,824 0 1,944,545
Qualcomm, Inc. COMMON STOCK 747525103 156,553,931 2,325,518 SH   SOLE   1,325,074 0 1,000,444
Crown Castle Int'l. COMMON STOCK 228227104 153,769,046 2,105,560 SH   SOLE   1,170,855 0 934,705
Consumer Discretionary Select Sect SPDR Fd COMMON STOCK 81369y407 548,580 9,048 SH   SOLE   9,048 0 0
Consumer Staples Select Sector SPDR Fund COMMON STOCK 81369Y308 545,737 13,712 SH   SOLE   13,712 0 0
Health Care Select Sector SPDR Fund COMMON STOCK 81369y209 438,311 8,664 SH   SOLE   8,664 0 0
SPDR Barclays High Yield Bond ETF COMMON STOCK 78464A417 66,134 1,660 SH   SOLE   1,660 0 0
Technology Select Sector SPDR Fund COMMON STOCK 81369y803 657,781 20,530 SH   SOLE   20,530 0 0
Vanguard Extended Market ETF COMMON STOCK 922908652 1,094,487 14,192 SH   SOLE   14,192 0 0
Vanguard FTSE All-World ex-US ETF COMMON STOCK 922042775 2,900,448 59,680 SH   SOLE   59,680 0 0
iShares 1-3 Year Credit Bond ETF COMMON STOCK 464288646 224,035 2,128 SH   SOLE   2,128 0 0
iShares MSCI All Country Asia ex Japan ETF COMMON STOCK 464288182 706,936 12,130 SH   SOLE   12,130 0 0
iShares Russell 3000 ETF COMMON STOCK 464287689 145,540 1,439 SH   SOLE   1,439 0 0
iShares iBoxx $ Invest. Grade Corp Bd ETF COMMON STOCK 464287242 91,043 802 SH   SOLE   802 0 0