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 195,271 1,183,820 SH   SOLE   1,183,820 0 0
ABBOTT LABORATORIES COM 002824100 137,082 2,958,813 SH   SOLE   2,958,813 0 0
ABBVIE INC COM 00287Y109 200,246 3,420,670 SH   SOLE   3,420,670 0 0
ACCENTURE PLC CL-A COM G1151C101 112,576 1,201,575 SH   SOLE   1,201,575 0 0
ACE LIMITED COM H0023R105 71,908 644,975 SH   SOLE   644,975 0 0
ACTAVIS PLC COM G0083B108 236,084 793,239 SH   SOLE   793,239 0 0
ACTIVISION BLIZZARD COM 00507V109 26,120 1,149,379 SH   SOLE   1,149,379 0 0
ADOBE SYSTEMS INC. COM 00724F101 66,419 898,276 SH   SOLE   898,276 0 0
ADVANCE AUTO PARTS COM 00751Y106 20,574 137,445 SH   SOLE   137,445 0 0
ADVANCED SEMI (ADR) ADR 00756M404 2,571 357,131 SH   SOLE   357,131 0 0
AECOM COM 00766T100 10,818 351,000 SH   SOLE   351,000 0 0
AES CORPORATION COM 00130H105 16,874 1,313,144 SH   SOLE   1,313,144 0 0
AETNA INC-NEW COM 00817Y108 90,483 849,371 SH   SOLE   849,371 0 0
AFFILIATED MANAGERS COM 008252108 29,133 135,641 SH   SOLE   135,641 0 0
AFLAC INC. COM 001055102 56,605 884,318 SH   SOLE   884,318 0 0
AGCO CORPORATION COM 001084102 8,028 168,506 SH   SOLE   168,506 0 0
AGILENT TECHNOLOGIES COM 00846U101 33,849 814,656 SH   SOLE   814,656 0 0
AGL RESOURCES INC. COM 001204106 593 11,935 SH   SOLE   11,935 0 0
AIR PRODUCTS & CHEM. COM 009158106 61,640 407,456 SH   SOLE   407,456 0 0
AIRGAS INC. COM 009363102 13,761 129,687 SH   SOLE   129,687 0 0
AKAMAI TECHNOLOGIES COM 00971T101 24,181 340,362 SH   SOLE   340,362 0 0
ALBEMARLE CORP COM 012653101 11,462 216,914 SH   SOLE   216,914 0 0
ALCOA INC. COM 013817101 33,471 2,590,673 SH   SOLE   2,590,673 0 0
ALEXION PHARMACEUTIC COM 015351109 68,698 396,412 SH   SOLE   396,412 0 0
ALIBABA GROUP HO(ADR ADR 01609W102 33,168 398,460 SH   SOLE   398,460 0 0
ALKERMES PLC COM G01767105 16,942 277,875 SH   SOLE   277,875 0 0
ALLEGHANY CORP COM 017175100 16,382 33,638 SH   SOLE   33,638 0 0
ALLIANCE DATA SYSTEM COM 018581108 36,489 123,169 SH   SOLE   123,169 0 0
ALLIANT ENERGY CORP COM 018802108 13,410 212,862 SH   SOLE   212,862 0 0
ALLSTATE CORP COM 020002101 57,887 813,359 SH   SOLE   813,359 0 0
ALLY FINANCIAL INC COM 02005N100 17,887 852,551 SH   SOLE   852,551 0 0
ALTERA CORPORATION COM 021441100 26,396 615,141 SH   SOLE   615,141 0 0
ALTRIA GROUP INC COM 02209S103 196,157 3,921,570 SH   SOLE   3,921,570 0 0
AMAZON.COM INC. COM 023135106 456,718 1,227,407 SH   SOLE   1,227,407 0 0
AMBEV SA-SPN(ADR) ADR 02319V103 366 63,500 SH   SOLE   63,500 0 0
AMDOCS LIMITED COM G02602103 223 4,098 SH   SOLE   4,098 0 0
AMEREN CORPORATION COM 023608102 19,822 469,713 SH   SOLE   469,713 0 0
AMERICA MOVIL(ADR)-L ADR 02364W105 11,027 538,944 SH   SOLE   538,944 0 0
AMERICAN AIRLINES GR COM 02376R102 18,016 341,350 SH   SOLE   341,350 0 0
AMERICAN CAP AGENCY COM 02503X105 14,694 688,869 SH   SOLE   688,869 0 0
AMERICAN ELECTRIC PO COM 025537101 60,777 1,080,483 SH   SOLE   1,080,483 0 0
AMERICAN EXPRESS CO. COM 025816109 193,250 2,473,758 SH   SOLE   2,473,758 0 0
AMERICAN INTL GROUP COM 026874784 157,133 2,867,914 SH   SOLE   2,867,914 0 0
AMERICAN REALTY CAP COM 02917T104 16,776 1,703,110 SH   SOLE   1,703,110 0 0
AMERICAN TOWER CORP COM 03027X100 87,445 928,787 SH   SOLE   928,787 0 0
AMERICAN WATER WORKS COM 030420103 32,441 598,431 SH   SOLE   598,431 0 0
AMERIPRISE FINANCIAL COM 03076C106 50,923 389,198 SH   SOLE   389,198 0 0
AMERISOURCEBERGEN COM 03073E105 56,112 493,637 SH   SOLE   493,637 0 0
AMETEK INC. COM 031100100 24,855 473,075 SH   SOLE   473,075 0 0
AMGEN COM 031162100 244,683 1,530,705 SH   SOLE   1,530,705 0 0
AMPHENOL CORP 'A' COM 032095101 34,768 589,984 SH   SOLE   589,984 0 0
ANADARKO PETROLEUM COM 032511107 79,292 957,516 SH   SOLE   957,516 0 0
ANALOG DEVICES INC COM 032654105 37,285 591,827 SH   SOLE   591,827 0 0
ANNALY CAPITAL MGMT COM 035710409 19,707 1,894,860 SH   SOLE   1,894,860 0 0
ANSYS INC. COM 03662Q105 15,458 175,284 SH   SOLE   175,284 0 0
ANTERO RESOURCES COR COM 03674X106 3,637 102,980 SH   SOLE   102,980 0 0
ANTHEM INC. COM 036752103 190,782 1,235,556 SH   SOLE   1,235,556 0 0
AON PLC COM G0408V102 51,148 532,130 SH   SOLE   532,130 0 0
APACHE CORPORATION COM 037411105 62,006 1,027,782 SH   SOLE   1,027,782 0 0
APPLE INC COM 037833100 1,540,210 12,378,122 SH   SOLE   12,378,122 0 0
APPLIED MATERIALS COM 038222105 68,809 3,050,030 SH   SOLE   3,050,030 0 0
AQUA AMERICA INC. COM 03836W103 465 17,637 SH   SOLE   17,637 0 0
ARCH CAPITAL GRP LTD COM G0450A105 23,032 373,902 SH   SOLE   373,902 0 0
ARCHER DANIELS MDLND COM 039483102 69,575 1,467,836 SH   SOLE   1,467,836 0 0
ARCOS DORADOS COM G0457F107 2,294 465,400 SH   SOLE   465,400 0 0
ARROW ELECTRONICS COM 042735100 11,511 188,238 SH   SOLE   188,238 0 0
ASHLAND INC. COM 044209104 16,486 129,492 SH   SOLE   129,492 0 0
ASSURANT INC COM 04621X108 8,138 132,527 SH   SOLE   132,527 0 0
AT & T INC. COM 00206R102 345,897 10,594,095 SH   SOLE   10,594,095 0 0
ATMOS ENERGY CORP. COM 049560105 556 10,055 SH   SOLE   10,055 0 0
AU OPTRONICS CO(ADR) ADR 002255107 712 142,055 SH   SOLE   142,055 0 0
AUTODESK INC. COM 052769106 25,128 428,507 SH   SOLE   428,507 0 0
AUTOLIV INC. COM 052800109 20,295 172,330 SH   SOLE   172,330 0 0
AUTOMATIC DATA PROCE COM 053015103 113,269 1,322,622 SH   SOLE   1,322,622 0 0
AUTONATION INC. COM 05329W102 12,316 191,447 SH   SOLE   191,447 0 0
AUTOZONE INC COM 053332102 49,688 72,839 SH   SOLE   72,839 0 0
AVAGO TECHNOLOGIES COM Y0486S104 71,113 560,035 SH   SOLE   560,035 0 0
AVALONBAY COMM. INC. COM 053484101 44,566 255,758 SH   SOLE   255,758 0 0
AVERY-DENNISON CORP COM 053611109 9,328 176,304 SH   SOLE   176,304 0 0
AVNET INC COM 053807103 11,959 268,749 SH   SOLE   268,749 0 0
AVON PRODUCTS COM 054303102 6,679 835,927 SH   SOLE   835,927 0 0
AXIS CAPITAL HLDGS. COM G0692U109 10,286 199,427 SH   SOLE   199,427 0 0
B/E AEROSPACE INC. COM 073302101 12,396 194,847 SH   SOLE   194,847 0 0
BAIDU INC.(ADR) ADR 056752108 79,792 382,880 SH   SOLE   382,880 0 0
BAKER HUGHES INC. COM 057224107 52,489 825,558 SH   SOLE   825,558 0 0
BALL CORPORATION COM 058498106 17,412 246,485 SH   SOLE   246,485 0 0
BANCO BRADESCO (ADR) ADR 059460303 110 11,880 SH   SOLE   11,880 0 0
BANCO DE CHILE (ADR) ADR 059520106 1,987 29,624 SH   SOLE   29,624 0 0
BANCO SANT (ADS) ADR 05967A107 337 76,500 SH   SOLE   76,500 0 0
BANCO SANT.CHILE(ADR ADR 05965X109 1,674 77,228 SH   SOLE   77,228 0 0
BANCOLOMBIA SA (ADR) ADR 05968L102 936 23,809 SH   SOLE   23,809 0 0
BANK OF AMERICA CORP COM 060505104 329,270 21,395,057 SH   SOLE   21,395,057 0 0
BANK OF NY MELLON CO COM 064058100 91,939 2,284,768 SH   SOLE   2,284,768 0 0
BARCLAYS ETN+ DYN VEQTORTM ETF 06740C337 138,982 935,400 SH   SOLE   935,400 0 0
BARD C.R. INC COM 067383109 25,549 152,668 SH   SOLE   152,668 0 0
BAXTER INTERNATIONAL COM 071813109 80,364 1,173,194 SH   SOLE   1,173,194 0 0
BB & T CORP. COM 054937107 53,605 1,374,833 SH   SOLE   1,374,833 0 0
BECTON DICKINSON & COM 075887109 58,725 408,975 SH   SOLE   408,975 0 0
BED BATH & BEYOND COM 075896100 26,854 349,771 SH   SOLE   349,771 0 0
BERKLEY (WR) CORP COM 084423102 11,441 226,515 SH   SOLE   226,515 0 0
BERKSHIRE HATHAWAY'A COM 084670108 2,828 13 SH   SOLE   13 0 0
BERKSHIRE HATHAWAY'B COM 084670702 375,676 2,603,079 SH   SOLE   2,603,079 0 0
BEST BUY COMPANY INC COM 086516101 21,649 572,877 SH   SOLE   572,877 0 0
BIOGEN INC COM 09062X103 192,004 454,726 SH   SOLE   454,726 0 0
BIOMARIN PHARM. INC. COM 09061G101 36,631 293,944 SH   SOLE   293,944 0 0
BLACKROCK INC. COM 09247X101 91,576 250,316 SH   SOLE   250,316 0 0
BLOCK (H&R) COM 093671105 16,720 521,357 SH   SOLE   521,357 0 0
BLUEBIRD BIO INC COM 09609G100 14,915 123,500 SH   SOLE   123,500 0 0
BOEING CO. COM 097023105 196,004 1,305,994 SH   SOLE   1,305,994 0 0
BORGWARNER INC COM 099724106 26,187 432,979 SH   SOLE   432,979 0 0
BOSTON PROPERTIES COM 101121101 40,566 288,767 SH   SOLE   288,767 0 0
BOSTON SCIENTIFIC COM 101137107 44,495 2,506,759 SH   SOLE   2,506,759 0 0
BRASKEM S.A.(ADR) ADR 105532105 136 19,556 SH   SOLE   19,556 0 0
BRF SA (ADR) ADR 10552T107 2,845 143,838 SH   SOLE   143,838 0 0
BRISTOL MYERS SQUIBB COM 110122108 209,918 3,254,541 SH   SOLE   3,254,541 0 0
BROADCOM CORP-CL'A' COM 111320107 55,307 1,277,445 SH   SOLE   1,277,445 0 0
BROWN-FORMAN -CL B COM 115637209 38,743 428,814 SH   SOLE   428,814 0 0
BUNGE LIMITED COM G16962105 22,625 274,707 SH   SOLE   274,707 0 0
C.H. ROBINSON WORLDW COM 12541W209 68,736 938,761 SH   SOLE   938,761 0 0
CA INC. COM 12673P105 21,189 649,759 SH   SOLE   649,759 0 0
CABLEVISION SYS.NY-A COM 12686C109 7,147 390,573 SH   SOLE   390,573 0 0
CABOT OIL & GAS CO.A COM 127097103 22,925 776,318 SH   SOLE   776,318 0 0
CALPINE CORPORATION COM 131347304 14,547 636,078 SH   SOLE   636,078 0 0
CAMDEN PROPERTY TRUS COM 133131102 13,560 173,552 SH   SOLE   173,552 0 0
CAMERON INTERNATL CO COM 13342B105 17,021 377,242 SH   SOLE   377,242 0 0
CAMPBELL SOUP COM 134429109 17,759 381,505 SH   SOLE   381,505 0 0
CAPITAL ONE FINANCIA COM 14040H105 94,306 1,196,476 SH   SOLE   1,196,476 0 0
CARDINAL HEALTH INC. COM 14149Y108 72,329 801,251 SH   SOLE   801,251 0 0
CARMAX INC COM 143130102 82,263 1,192,040 SH   SOLE   1,192,040 0 0
CARNIVAL CORP COM 143658300 35,070 733,061 SH   SOLE   733,061 0 0
CATERPILLAR COM 149123101 88,951 1,111,466 SH   SOLE   1,111,466 0 0
CBRE GROUP INC-A COM 12504L109 22,139 571,913 SH   SOLE   571,913 0 0
CBS CORP.CLASS-B COM 124857202 70,719 1,166,408 SH   SOLE   1,166,408 0 0
CELANESE CORP-A COM 150870103 20,032 358,618 SH   SOLE   358,618 0 0
CELGENE CORP. COM 151020104 182,352 1,581,820 SH   SOLE   1,581,820 0 0
CEMEX SAB(ADR)PART ADR 151290889 2,358 248,956 SH   SOLE   248,956 0 0
CEMIG (ADR) ADR 204409601 746 182,358 SH   SOLE   182,358 0 0
CENTERPOINT ENERGY COM 15189T107 17,067 836,228 SH   SOLE   836,228 0 0
CENTURYLINK INC. COM 156700106 45,955 1,330,092 SH   SOLE   1,330,092 0 0
CERNER CORPORATION COM 156782104 43,125 588,653 SH   SOLE   588,653 0 0
CF INDUSTRIES HOLDIN COM 125269100 26,872 94,725 SH   SOLE   94,725 0 0
CHARTER COMM.-A COM 16117M305 27,892 144,436 SH   SOLE   144,436 0 0
CHENIERE ENERGY INC COM 16411R208 34,603 447,069 SH   SOLE   447,069 0 0
CHESAPEAKE ENERGY CO COM 165167107 14,754 1,041,935 SH   SOLE   1,041,935 0 0
CHEVRON CORP COM 166764100 401,175 3,821,446 SH   SOLE   3,821,446 0 0
CHICAGO BRIDGE & IRN COM 167250109 9,326 189,312 SH   SOLE   189,312 0 0
CHIPOTLE MEXICAN COM 169656105 38,721 59,522 SH   SOLE   59,522 0 0
CHUBB CORP. COM 171232101 48,868 483,367 SH   SOLE   483,367 0 0
CHUNGHWA TELECOM(ADR ADR 17133Q502 4,487 139,904 SH   SOLE   139,904 0 0
CHURCH & DWIGHT CO. COM 171340102 23,663 277,020 SH   SOLE   277,020 0 0
CIA BRASI(ADR)(PFD ADR 20440T201 1,355 45,445 SH   SOLE   45,445 0 0
CIA CERVECERIAS(ADR) ADR 204429104 2,126 102,414 SH   SOLE   102,414 0 0
CIA SANEAMENTO (ADR) ADR 20441A102 641 118,220 SH   SOLE   118,220 0 0
CIA SIDERURGICA(ADR) ADR 20440W105 280 166,700 SH   SOLE   166,700 0 0
CIGNA CORP. COM 125509109 67,998 525,324 SH   SOLE   525,324 0 0
CIMAREX ENERGY CO COM 171798101 18,754 162,954 SH   SOLE   162,954 0 0
CINCINNATI FINANCIAL COM 172062101 16,182 303,722 SH   SOLE   303,722 0 0
CINTAS CORP. COM 172908105 15,260 186,947 SH   SOLE   186,947 0 0
CISCO SYSTEMS INC COM 17275R102 294,784 10,709,676 SH   SOLE   10,709,676 0 0
CIT GROUP INC. COM 125581801 25,438 563,780 SH   SOLE   563,780 0 0
CITIGROUP INC. COM 172967424 334,279 6,488,329 SH   SOLE   6,488,329 0 0
CITRIX SYSTEMS INC. COM 177376100 19,262 301,583 SH   SOLE   301,583 0 0
CLOROX COMPANY COM 189054109 28,960 262,344 SH   SOLE   262,344 0 0
CME GROUP INC. COM 12572Q105 58,912 622,024 SH   SOLE   622,024 0 0
CMS ENERGY CORP COM 125896100 21,758 623,261 SH   SOLE   623,261 0 0
COACH INC. COM 189754104 22,165 534,994 SH   SOLE   534,994 0 0
COBALT INTL ENERGY COM 19075F106 5,180 550,446 SH   SOLE   550,446 0 0
COCA-COLA COMPANY COM 191216100 318,898 7,864,322 SH   SOLE   7,864,322 0 0
COCA-COLA ENTERPRISE COM 19122T109 19,481 440,740 SH   SOLE   440,740 0 0
COCA-COLA FEMSA(ADR) ADR 191241108 2,899 36,300 SH   SOLE   36,300 0 0
COGNIZANT TECH CL-A COM 192446102 72,189 1,157,061 SH   SOLE   1,157,061 0 0
COLGATE PALMOLIVE COM 194162103 165,972 2,393,597 SH   SOLE   2,393,597 0 0
COMCAST CORP CL-A COM 20030N101 240,447 4,257,968 SH   SOLE   4,257,968 0 0
COMCAST CORP SP CL-A COM 20030N200 56,217 1,002,712 SH   SOLE   1,002,712 0 0
COMERICA INC COM 200340107 15,496 343,362 SH   SOLE   343,362 0 0
COMPUTER SCIENCES COM 205363104 17,891 274,073 SH   SOLE   274,073 0 0
CONAGRA FOODS INC COM 205887102 33,782 924,783 SH   SOLE   924,783 0 0
CONCHO RESOURCES INC COM 20605P101 26,408 227,816 SH   SOLE   227,816 0 0
CONOCOPHILLIPS COM 20825C104 158,957 2,553,111 SH   SOLE   2,553,111 0 0
CONSOL ENERGY INC. COM 20854P109 11,993 430,007 SH   SOLE   430,007 0 0
CONSOLIDATED EDISON COM 209115104 40,929 670,974 SH   SOLE   670,974 0 0
CONSTELLATION BRND-A COM 21036P108 37,199 320,104 SH   SOLE   320,104 0 0
CONTINENTAL RESOURCE COM 212015101 7,593 173,881 SH   SOLE   173,881 0 0
COOPER COMPANIES INC COM 216648402 23,967 127,881 SH   SOLE   127,881 0 0
COPEL (ADR) ADR 20441B407 188 17,930 SH   SOLE   17,930 0 0
CORE LABORATORIES COM N22717107 8,742 83,661 SH   SOLE   83,661 0 0
CORNING INC. COM 219350105 55,299 2,438,231 SH   SOLE   2,438,231 0 0
COSTCO WHOLESALE CO. COM 22160K105 133,929 884,048 SH   SOLE   884,048 0 0
CPFL ENERGIA SA(ADR) ADR 126153105 303 23,800 SH   SOLE   23,800 0 0
CREDICORP LIMITED COM G2519Y108 14,133 100,500 SH   SOLE   100,500 0 0
CREE INC. COM 225447101 7,843 221,002 SH   SOLE   221,002 0 0
CROWN CASTLE INTL CO COM 22822V101 65,137 789,155 SH   SOLE   789,155 0 0
CROWN HOLDINGS INC COM 228368106 14,441 267,320 SH   SOLE   267,320 0 0
CSX COM 126408103 62,723 1,893,814 SH   SOLE   1,893,814 0 0
CTRIP.COM INTL (ADR) ADR 22943F100 23,413 399,400 SH   SOLE   399,400 0 0
CUMMINS INC COM 231021106 49,847 359,545 SH   SOLE   359,545 0 0
CVS HEALTH CORPORATI COM 126650100 245,848 2,382,017 SH   SOLE   2,382,017 0 0
D.R. HORTON INC. COM 23331A109 18,019 632,675 SH   SOLE   632,675 0 0
DANAHER CORP COM 235851102 101,579 1,196,452 SH   SOLE   1,196,452 0 0
DARDEN RESTAURANTS COM 237194105 17,688 255,095 SH   SOLE   255,095 0 0
DAVITA HEALTHCARE COM 23918K108 27,548 338,922 SH   SOLE   338,922 0 0
DEERE & CO. COM 244199105 57,495 655,659 SH   SOLE   655,659 0 0
DELPHI AUTOMOTIVE COM G27823106 49,886 625,614 SH   SOLE   625,614 0 0
DELTA AIR LINES INC COM 247361702 18,491 411,279 SH   SOLE   411,279 0 0
DELUXE CORPORATION COM 248019101 11,071 159,800 SH   SOLE   159,800 0 0
DENTSPLY INTL INC. COM 249030107 13,586 266,960 SH   SOLE   266,960 0 0
DEVON ENERGY CORP. COM 25179M103 55,423 918,966 SH   SOLE   918,966 0 0
DIAMOND OFFSHORE COM 25271C102 3,634 135,636 SH   SOLE   135,636 0 0
DICK'S SPORTING GDS COM 253393102 10,260 180,031 SH   SOLE   180,031 0 0
DIGITAL REALTY TRUST COM 253868103 16,867 255,710 SH   SOLE   255,710 0 0
DIRECTV COM 25490A309 77,417 909,713 SH   SOLE   909,713 0 0
DISCOVER FINANCIAL COM 254709108 68,358 1,213,096 SH   SOLE   1,213,096 0 0
DISCOVERY COMMU CL-A COM 25470F104 10,072 327,427 SH   SOLE   327,427 0 0
DISCOVERY COMMU CL-C COM 25470F302 17,060 578,803 SH   SOLE   578,803 0 0
DISH NETWORK CORP-A COM 25470M109 29,958 427,600 SH   SOLE   427,600 0 0
DOLBY LABORATO.-CL A COM 25659T107 12,721 333,370 SH   SOLE   333,370 0 0
DOLLAR GENERAL CORP COM 256677105 44,045 584,304 SH   SOLE   584,304 0 0
DOLLAR TREE INC COM 256746108 36,427 448,916 SH   SOLE   448,916 0 0
DOMINION RESOURCES COM 25746U109 96,701 1,364,481 SH   SOLE   1,364,481 0 0
DONALDSON COMPANY COM 257651109 26,673 707,312 SH   SOLE   707,312 0 0
DOVER CORP COM 260003108 22,869 330,860 SH   SOLE   330,860 0 0
DOW CHEMICAL COM 260543103 114,316 2,382,574 SH   SOLE   2,382,574 0 0
DR PEPPER SNAPPLE COM 26138E109 32,926 419,541 SH   SOLE   419,541 0 0
DR. REDDY'S LAB(ADR) ADR 256135203 3,619 63,388 SH   SOLE   63,388 0 0
DTE ENERGY COMPANY COM 233331107 37,781 468,223 SH   SOLE   468,223 0 0
DU PONT (E.I.) COM 263534109 124,697 1,744,749 SH   SOLE   1,744,749 0 0
DUKE ENERGY CORP. COM 26441C204 126,944 1,653,350 SH   SOLE   1,653,350 0 0
DUKE REALTY CORP COM 264411505 14,168 650,784 SH   SOLE   650,784 0 0
DUN & BRADSTREET COM 26483E100 9,019 70,261 SH   SOLE   70,261 0 0
E TRADE FINANCIAL CO COM 269246401 5,839 204,500 SH   SOLE   204,500 0 0
EASTMAN CHEMICAL COM 277432100 20,855 301,117 SH   SOLE   301,117 0 0
EATON CORP PLC COM G29183103 85,343 1,256,158 SH   SOLE   1,256,158 0 0
EATON VANCE CORP COM 278265103 9,032 216,906 SH   SOLE   216,906 0 0
EBAY INC COM 278642103 166,570 2,887,830 SH   SOLE   2,887,830 0 0
ECOLAB INC COM 278865100 61,036 533,622 SH   SOLE   533,622 0 0
EDISON INTERNATIONAL COM 281020107 37,102 593,913 SH   SOLE   593,913 0 0
EDWARDS LIFESCIENCES COM 28176E108 28,889 202,785 SH   SOLE   202,785 0 0
ELECTRONIC ARTS COM 285512109 34,720 590,326 SH   SOLE   590,326 0 0
ELETROBRAS-ADR C ADR 15234Q207 208 115,100 SH   SOLE   115,100 0 0
ELETROBRAS-ADR P ADR 15234Q108 71 33,700 SH   SOLE   33,700 0 0
EMBRAER SA (ADR) ADR 29082A107 3,297 107,231 SH   SOLE   107,231 0 0
EMC CORP-MASS COM 268648102 106,741 4,176,089 SH   SOLE   4,176,089 0 0
EMERSON ELECTRIC COM 291011104 75,544 1,334,231 SH   SOLE   1,334,231 0 0
EMPRESA NAC ELEC(ADR ADR 29244T101 2,142 47,552 SH   SOLE   47,552 0 0
EMPRESAS ICA (ADR) ADR 292448206 48 14,734 SH   SOLE   14,734 0 0
ENBRIDGE ENERGY MNG COM 29250X103 221 6,087 SH   SOLE   6,087 0 0
ENDO INTERNATIONAL P COM G30401106 29,378 327,518 SH   SOLE   327,518 0 0
ENERGEN CORP COM 29265N108 8,970 135,910 SH   SOLE   135,910 0 0
ENERGIZER HOLDINGS COM 29266R108 16,257 117,761 SH   SOLE   117,761 0 0
ENERSIS S.A. (ADR) ADR 29274F104 2,482 152,634 SH   SOLE   152,634 0 0
ENSCO PLC CL-A COM G3157S106 9,496 450,680 SH   SOLE   450,680 0 0
ENTERGY CORP NEW COM 29364G103 27,217 351,237 SH   SOLE   351,237 0 0
EOG RESOURCES INC. COM 26875P101 166,492 1,815,818 SH   SOLE   1,815,818 0 0
EQT CORPORATION COM 26884L109 24,143 291,337 SH   SOLE   291,337 0 0
EQUIFAX INC. COM 294429105 21,191 227,859 SH   SOLE   227,859 0 0
EQUINIX INC COM 29444U700 24,150 103,713 SH   SOLE   103,713 0 0
EQUITY RESIDENTIAL COM 29476L107 50,530 648,980 SH   SOLE   648,980 0 0
ESSEX PROPERTY TRUST COM 297178105 29,216 127,083 SH   SOLE   127,083 0 0
ESTEE LAUDER CO.CL-A COM 518439104 36,883 443,518 SH   SOLE   443,518 0 0
EVEREST RE GROUP LTD COM G3223R108 21,371 122,819 SH   SOLE   122,819 0 0
EVERSOURCE ENERGY COM 30040W108 32,327 639,887 SH   SOLE   639,887 0 0
EXELON CORPORATION COM 30161N101 56,281 1,674,534 SH   SOLE   1,674,534 0 0
EXPEDIA INC. COM 30212P303 21,463 228,011 SH   SOLE   228,011 0 0
EXPEDITORS INTL WASH COM 302130109 24,605 510,694 SH   SOLE   510,694 0 0
EXPRESS SCRIPTS HOLD COM 30219G108 138,814 1,599,793 SH   SOLE   1,599,793 0 0
EXXON MOBIL CORP. COM 30231G102 747,795 8,797,593 SH   SOLE   8,797,593 0 0
F M C CORP COM 302491303 14,397 251,481 SH   SOLE   251,481 0 0
F5 NETWORKS INC. COM 315616102 24,202 210,561 SH   SOLE   210,561 0 0
FACEBOOK INC-A COM 30303M102 379,484 4,615,752 SH   SOLE   4,615,752 0 0
FAMILY DOLLAR STORES COM 307000109 16,410 207,094 SH   SOLE   207,094 0 0
FASTENAL COMPANY COM 311900104 48,647 1,174,052 SH   SOLE   1,174,052 0 0
FEDERAL REALTY INVT COM 313747206 20,993 142,605 SH   SOLE   142,605 0 0
FEDEX CORPORATION COM 31428X106 99,674 602,443 SH   SOLE   602,443 0 0
FIBRIA CEL SA (ADR) ADR 31573A109 735 52,011 SH   SOLE   52,011 0 0
FIDELITY NATIONAL IN COM 31620M106 39,120 574,794 SH   SOLE   574,794 0 0
FIFTH THIRD BANCORP COM 316773100 29,586 1,569,572 SH   SOLE   1,569,572 0 0
FINANCIAL ENGINES COM 317485100 8,586 205,260 SH   SOLE   205,260 0 0
FIREEYE INC COM 31816Q101 6,091 155,197 SH   SOLE   155,197 0 0
FIRST REPUBLIC BANK COM 33616C100 106,110 1,858,644 SH   SOLE   1,858,644 0 0
FIRSTENERGY CORP. COM 337932107 28,079 800,874 SH   SOLE   800,874 0 0
FISERV INC. COM 337738108 37,053 466,664 SH   SOLE   466,664 0 0
FLEETCOR TECHNOLOGIE COM 339041105 21,922 145,254 SH   SOLE   145,254 0 0
FLEXTRONICS INTL LTD COM Y2573F102 13,912 1,097,601 SH   SOLE   1,097,601 0 0
FLIR SYSTEMS INC. COM 302445101 21,926 700,966 SH   SOLE   700,966 0 0
FLOWSERVE CORP. COM 34354P105 14,590 258,278 SH   SOLE   258,278 0 0
FLUOR CORP COM 343412102 18,549 324,509 SH   SOLE   324,509 0 0
FMC TECHNOLOGIES INC COM 30249U101 16,385 442,718 SH   SOLE   442,718 0 0
FNF GROUP COM 31620R303 17,374 472,622 SH   SOLE   472,622 0 0
FOMENTO ECONO (ADR) ADR 344419106 6,172 66,009 SH   SOLE   66,009 0 0
FOOT LOCKER INC. COM 344849104 20,291 322,073 SH   SOLE   322,073 0 0
FORD MOTOR COMPANY COM 345370860 115,419 7,151,094 SH   SOLE   7,151,094 0 0
FOSSIL GROUP INC COM 34988V106 7,104 86,158 SH   SOLE   86,158 0 0
FRANKLIN RESOURCES COM 354613101 40,145 782,248 SH   SOLE   782,248 0 0
FREEPORT-MCMORAN INC COM 35671D857 37,961 2,003,196 SH   SOLE   2,003,196 0 0
FRONTIER COMM. CORP COM 35906A108 13,480 1,912,088 SH   SOLE   1,912,088 0 0
GAMESTOP CORP CL-A COM 36467W109 16,767 441,700 SH   SOLE   441,700 0 0
GANNETT COM 364730101 24,961 673,170 SH   SOLE   673,170 0 0
GAP INC COM 364760108 20,044 462,581 SH   SOLE   462,581 0 0
GARMIN LTD. COM H2906T109 17,527 368,833 SH   SOLE   368,833 0 0
GATX CORP COM 361448103 10,170 175,400 SH   SOLE   175,400 0 0
GENERAL DYNAMICS COM 369550108 73,415 540,888 SH   SOLE   540,888 0 0
GENERAL ELECTRIC COM 369604103 495,263 19,962,239 SH   SOLE   19,962,239 0 0
GENERAL GROWTH PROPE COM 370023103 29,331 992,577 SH   SOLE   992,577 0 0
GENERAL MILLS COM 370334104 76,874 1,358,204 SH   SOLE   1,358,204 0 0
GENERAL MOTORS CO. COM 37045V100 103,588 2,762,352 SH   SOLE   2,762,352 0 0
GENOMIC HEALTH INC. COM 37244C101 5,537 181,260 SH   SOLE   181,260 0 0
GENUINE PARTS COM 372460105 27,588 296,044 SH   SOLE   296,044 0 0
GENWORTH FIN.-CL A COM 37247D106 6,863 938,858 SH   SOLE   938,858 0 0
GERDAU S.A. (ADR) ADR 373737105 745 232,741 SH   SOLE   232,741 0 0
GILEAD SCIENCES INC COM 375558103 300,130 3,058,498 SH   SOLE   3,058,498 0 0
GOLDMAN SACHS GROUP COM 38141G104 172,037 915,236 SH   SOLE   915,236 0 0
GOOGLE INC.-CL A COM 38259P508 366,076 659,953 SH   SOLE   659,953 0 0
GOOGLE INC-CL C COM 38259P706 414,557 756,490 SH   SOLE   756,490 0 0
GRAINGER (W.W.) INC COM 384802104 28,321 120,103 SH   SOLE   120,103 0 0
GRP AEROPORT DEL(ADR ADR 400506101 1,829 27,900 SH   SOLE   27,900 0 0
GRUPO AEROPORTUA(ADR ADR 40051E202 284 2,114 SH   SOLE   2,114 0 0
GRUPO TELEVISA (ADR) ADR 40049J206 3,615 109,503 SH   SOLE   109,503 0 0
HALLIBURTON CO. COM 406216101 90,075 2,052,755 SH   SOLE   2,052,755 0 0
HANESBRANDS INC COM 410345102 25,802 769,976 SH   SOLE   769,976 0 0
HARLEY DAVIDSON INC COM 412822108 102,358 1,685,180 SH   SOLE   1,685,180 0 0
HARRIS COM 413875105 15,561 197,572 SH   SOLE   197,572 0 0
HARTFORD FINL SVCS COM 416515104 35,477 848,337 SH   SOLE   848,337 0 0
HASBRO INC COM 418056107 14,988 237,008 SH   SOLE   237,008 0 0
HCA HOLDINGS INC. COM 40412C101 56,684 753,480 SH   SOLE   753,480 0 0
HCP INC COM 40414L109 44,088 1,020,322 SH   SOLE   1,020,322 0 0
HDFC BANK LTD. (ADR) ADR 40415F101 4,210 71,487 SH   SOLE   71,487 0 0
HEALTH CARE REIT INC COM 42217K106 54,373 702,851 SH   SOLE   702,851 0 0
HELMERICH & PAYNE COM 423452101 16,805 246,874 SH   SOLE   246,874 0 0
HENRY SCHEIN INC. COM 806407102 24,833 177,862 SH   SOLE   177,862 0 0
HERTZ GLOBAL HLDG COM 42805T105 18,779 866,183 SH   SOLE   866,183 0 0
HESS CORPORATION COM 42809H107 36,119 532,179 SH   SOLE   532,179 0 0
HEWLETT PACKARD CO. COM 428236103 124,073 3,981,799 SH   SOLE   3,981,799 0 0
HILTON WORLDWIDE HOL COM 43300A104 21,629 730,227 SH   SOLE   730,227 0 0
HOLLYFRONTIER CORP COM 436106108 14,217 353,049 SH   SOLE   353,049 0 0
HOLOGIC INC COM 436440101 29,594 896,096 SH   SOLE   896,096 0 0
HOME DEPOT COM 437076102 292,551 2,575,044 SH   SOLE   2,575,044 0 0
HONEYWELL INTL INC. COM 438516106 152,623 1,463,163 SH   SOLE   1,463,163 0 0
HORMEL FOODS CORP. COM 440452100 16,780 295,164 SH   SOLE   295,164 0 0
HOSPIRA INC COM 441060100 28,150 320,466 SH   SOLE   320,466 0 0
HOST HOTEL&RES(REIT) COM 44107P104 29,468 1,460,253 SH   SOLE   1,460,253 0 0
HOWARD HUGHES CORP COM 44267D107 7,608 49,080 SH   SOLE   49,080 0 0
HUDSON CITY BANCORP COM 443683107 9,753 930,618 SH   SOLE   930,618 0 0
HUMANA COM 444859102 51,916 291,631 SH   SOLE   291,631 0 0
HUNTINGTON BANCSHARE COM 446150104 17,400 1,574,675 SH   SOLE   1,574,675 0 0
HUNTSMAN CORPORATION COM 447011107 4,862 219,300 SH   SOLE   219,300 0 0
ICICI BANK LTD.(ADR) ADR 45104G104 14,439 1,393,751 SH   SOLE   1,393,751 0 0
IHS INC -CLASS A COM 451734107 14,992 131,783 SH   SOLE   131,783 0 0
ILLINOIS TOOL WORKS COM 452308109 69,710 717,623 SH   SOLE   717,623 0 0
ILLUMINA INC. COM 452327109 117,755 634,317 SH   SOLE   634,317 0 0
INCYTE CORP. COM 45337C102 25,851 282,030 SH   SOLE   282,030 0 0
INFOSYS LTD. (ADR) ADR 456788108 12,057 343,702 SH   SOLE   343,702 0 0
INGERSOLL-RAND PLC COM G47791101 34,790 511,022 SH   SOLE   511,022 0 0
INGRAM MICRO INC 'A' COM 457153104 8,282 329,700 SH   SOLE   329,700 0 0
INTEGRYS ENERGY GRP COM 45822P105 10,903 151,391 SH   SOLE   151,391 0 0
INTEL CORPORATION COM 458140100 295,850 9,461,150 SH   SOLE   9,461,150 0 0
INTERCONTINENTAL EXC COM 45866F104 62,494 267,906 SH   SOLE   267,906 0 0
INTERPUBLIC GROUP CO COM 460690100 18,474 835,158 SH   SOLE   835,158 0 0
INTL BUS MACHINES CO COM 459200101 305,873 1,905,749 SH   SOLE   1,905,749 0 0
INTL FLAVORS&FRAGRAN COM 459506101 22,712 193,460 SH   SOLE   193,460 0 0
INTL PAPER COM 460146103 47,824 861,854 SH   SOLE   861,854 0 0
INTUIT INC. COM 461202103 51,823 534,476 SH   SOLE   534,476 0 0
INTUITIVE SURGICAL COM 46120E602 72,585 143,725 SH   SOLE   143,725 0 0
INVESCO LTD COM G491BT108 47,422 1,194,800 SH   SOLE   1,194,800 0 0
iPath S&P 500 VIX Mid-Term Fut ETF 06740C519 142 11,321 SH   SOLE   11,321 0 0
IRON MOUNTAIN INC COM 46284V101 11,490 314,962 SH   SOLE   314,962 0 0
ISHARES 1-3 YEAR CRE ETF 464288646 333 3,152 SH   SOLE   3,152 0 0
ISHARES 1-3Y TR BD ETF 464287457 355 4,184 SH   SOLE   4,184 0 0
ISHARES IBOXX $ H/Y ETF 464288513 21,293 235,000 SH   SOLE   235,000 0 0
ISHARES IBOXX $ INV ETF 464287242 2,921 24,000 SH   SOLE   24,000 0 0
ISHARES LATIN AMERIC ETF 464287390 4,637 158,000 SH   SOLE   158,000 0 0
ISHARES MSCI QATAR C ETF 46434V779 3,659 158,828 SH   SOLE   158,828 0 0
ISHARES MSCI UAE CAP ETF 46434V761 3,238 179,092 SH   SOLE   179,092 0 0
ISHARES RUSSELL 2000 ETF 464287655 3,234 26,000 SH   SOLE   26,000 0 0
ISHARES TIPS BOND ET ETF 464287176 1,533 13,500 SH   SOLE   13,500 0 0
ISHARES US REAL ESTA ETF 464287739 1,983 25,000 SH   SOLE   25,000 0 0
ISIS PHARMACEUTICALS COM 464330109 14,503 227,786 SH   SOLE   227,786 0 0
ITAU UNIBANCO HLD(AD ADR 465562106 7,723 698,279 SH   SOLE   698,279 0 0
ITC HOLDINGS CORP. COM 465685105 579 15,480 SH   SOLE   15,480 0 0
JACOBS ENGINEERING COM 469814107 11,108 245,967 SH   SOLE   245,967 0 0
JARDEN CORP COM 471109108 18,629 352,146 SH   SOLE   352,146 0 0
JAZZ PHARMACEUTICALS COM G50871105 19,620 113,547 SH   SOLE   113,547 0 0
JB HUNT TRANSPORT SV COM 445658107 15,878 185,941 SH   SOLE   185,941 0 0
JM SMUCKER CO COM 832696405 23,642 204,283 SH   SOLE   204,283 0 0
JOHNSON & JOHNSON COM 478160104 597,853 5,942,876 SH   SOLE   5,942,876 0 0
JOHNSON CONTROLS COM 478366107 77,332 1,533,145 SH   SOLE   1,533,145 0 0
JOY GLOBAL INC. COM 481165108 7,874 200,977 SH   SOLE   200,977 0 0
JPMORGAN CHASE & CO COM 46625H100 460,352 7,599,081 SH   SOLE   7,599,081 0 0
JUNIPER NETWORKS INC COM 48203R104 26,514 1,174,244 SH   SOLE   1,174,244 0 0
KANSAS CITY SOUTHERN COM 485170302 21,391 209,547 SH   SOLE   209,547 0 0
KELLOGG COM 487836108 36,578 554,627 SH   SOLE   554,627 0 0
KEURIG GREEN MOUNTAI COM 49271M100 26,812 239,973 SH   SOLE   239,973 0 0
KEYCORP COM 493267108 28,775 2,032,123 SH   SOLE   2,032,123 0 0
KIMBERLY-CLARK CORP COM 494368103 84,970 793,293 SH   SOLE   793,293 0 0
KIMCO REALTY CORP. COM 49446R109 21,699 808,138 SH   SOLE   808,138 0 0
KINDER MORGAN INC COM 49456B101 150,627 3,581,233 SH   SOLE   3,581,233 0 0
KLA-TENCOR CORP. COM 482480100 19,581 335,917 SH   SOLE   335,917 0 0
KOHL'S CORPORATION COM 500255104 30,280 386,962 SH   SOLE   386,962 0 0
KRAFT FOODS GROUP COM 50076Q106 108,553 1,246,091 SH   SOLE   1,246,091 0 0
KROGER CO. COM 501044101 76,045 991,973 SH   SOLE   991,973 0 0
L BRANDS INC COM 501797104 44,909 476,288 SH   SOLE   476,288 0 0
L-3 COMM. HLDGS INC. COM 502424104 20,329 161,613 SH   SOLE   161,613 0 0
LABORATORY CORP AMER COM 50540R409 27,493 218,041 SH   SOLE   218,041 0 0
LAM RESEARCH CORP. COM 512807108 21,094 300,341 SH   SOLE   300,341 0 0
LAS VEGAS SANDS CORP COM 517834107 42,673 775,314 SH   SOLE   775,314 0 0
LATAM AIRLINES (ADR) ADR 51817R106 941 116,802 SH   SOLE   116,802 0 0
LEGG MASON INC. COM 524901105 10,540 190,949 SH   SOLE   190,949 0 0
LEGGETT & PLATT INC. COM 524660107 12,152 263,648 SH   SOLE   263,648 0 0
LENDINGCLUB CORP COM 52603A109 7,410 377,100 SH   SOLE   377,100 0 0
LENNAR CORP CL-A COM 526057104 23,620 455,892 SH   SOLE   455,892 0 0
LEUCADIA NATIONAL CO COM 527288104 19,653 881,695 SH   SOLE   881,695 0 0
LEVEL 3 COMM. INC. COM 52729N308 29,743 552,433 SH   SOLE   552,433 0 0
LIBERTY GLOBAL PLC-A COM G5480U104 23,920 464,745 SH   SOLE   464,745 0 0
LIBERTY GLOBAL PLC-C COM G5480U120 59,541 1,195,366 SH   SOLE   1,195,366 0 0
LIBERTY INTER CORP-A COM 53071M104 30,703 1,051,841 SH   SOLE   1,051,841 0 0
LIBERTY MEDIA CORP-A COM 531229102 6,784 175,990 SH   SOLE   175,990 0 0
LIBERTY MEDIA CORP-C COM 531229300 14,668 383,982 SH   SOLE   383,982 0 0
LIBERTY PROPERTY COM 531172104 9,991 279,867 SH   SOLE   279,867 0 0
LILLY (ELI) COM 532457108 150,943 2,077,680 SH   SOLE   2,077,680 0 0
LINCOLN ELECTRIC HLD COM 533900106 27,981 427,910 SH   SOLE   427,910 0 0
LINCOLN NATIONAL CO COM 534187109 30,633 533,126 SH   SOLE   533,126 0 0
LINEAR TECHNOLOGY COM 535678106 35,098 749,965 SH   SOLE   749,965 0 0
LINKEDIN CORP - A COM 53578A108 78,200 312,974 SH   SOLE   312,974 0 0
LKQ CORPORATION COM 501889208 14,718 575,819 SH   SOLE   575,819 0 0
LOCKHEED MARTIN CORP COM 539830109 113,155 557,524 SH   SOLE   557,524 0 0
LOEWS CORP COM 540424108 27,015 661,634 SH   SOLE   661,634 0 0
LORILLARD INC COM 544147101 44,438 680,005 SH   SOLE   680,005 0 0
LOWE'S COMPANIES COM 548661107 150,131 2,018,157 SH   SOLE   2,018,157 0 0
LULULEMON ATHLETICA COM 550021109 12,943 202,166 SH   SOLE   202,166 0 0
LYONDELLBASELL CL-A COM N53745100 73,145 833,082 SH   SOLE   833,082 0 0
M & T CORPORATION COM 55261F104 102,760 809,131 SH   SOLE   809,131 0 0
MACERICH COMPANY COM 554382101 22,695 269,117 SH   SOLE   269,117 0 0
MACY'S INC. COM 55616P104 55,660 857,495 SH   SOLE   857,495 0 0
MALLINCKRODT PLC COM G5785G107 28,202 222,679 SH   SOLE   222,679 0 0
MANPOWERGROUP COM 56418H100 13,347 154,933 SH   SOLE   154,933 0 0
MARATHON OIL CORP COM 565849106 33,438 1,280,640 SH   SOLE   1,280,640 0 0
MARATHON PETROLEUM COM 56585A102 55,677 543,775 SH   SOLE   543,775 0 0
MARKEL CORP. COM 570535104 92,573 120,387 SH   SOLE   120,387 0 0
MARKETAXESS HOLDINGS COM 57060D108 24,035 289,930 SH   SOLE   289,930 0 0
MARRIOTT INTL INC'A' COM 571903202 34,575 430,461 SH   SOLE   430,461 0 0
MARSH & MCLENNAN COS COM 571748102 64,608 1,151,868 SH   SOLE   1,151,868 0 0
MARTIN MARIETTA MATE COM 573284106 70,667 505,483 SH   SOLE   505,483 0 0
MARVELL TECHNOLOGY COM G5876H105 11,048 751,580 SH   SOLE   751,580 0 0
MASCO CORP. COM 574599106 18,370 688,012 SH   SOLE   688,012 0 0
MASTERCARD INC-CL A COM 57636Q104 188,783 2,185,239 SH   SOLE   2,185,239 0 0
MATTEL INC COM 577081102 15,666 685,583 SH   SOLE   685,583 0 0
MAXIM INTEGRATED PRD COM 57772K101 19,265 553,444 SH   SOLE   553,444 0 0
MCCORMICK & CO INC. COM 579780206 19,139 248,206 SH   SOLE   248,206 0 0
MCDONALD'S COM 580135101 200,433 2,056,985 SH   SOLE   2,056,985 0 0
MCGRAW HILL FINCIAL COM 580645109 57,619 557,240 SH   SOLE   557,240 0 0
MCKESSON CORPORATION COM 58155Q103 107,114 473,537 SH   SOLE   473,537 0 0
MDU RESOURCES GROUP COM 552690109 7,515 352,139 SH   SOLE   352,139 0 0
MEAD JOHNSON NUTRITI COM 582839106 38,439 382,362 SH   SOLE   382,362 0 0
MEADWESTVACO CORP COM 583334107 15,847 317,759 SH   SOLE   317,759 0 0
MEDIVATION INC COM 58501N101 18,705 144,925 SH   SOLE   144,925 0 0
MEDTRONIC PLC COM G5960L103 229,062 2,937,065 SH   SOLE   2,937,065 0 0
MENTOR GRAPHICS COM 587200106 3,364 140,000 SH   SOLE   140,000 0 0
MERCK & CO. INC COM 58933Y105 354,054 6,159,610 SH   SOLE   6,159,610 0 0
METLIFE INC. COM 59156R108 101,011 1,998,238 SH   SOLE   1,998,238 0 0
METTLER-TOLEDO INTL COM 592688105 39,754 120,963 SH   SOLE   120,963 0 0
MGM RESORTS INTL COM 552953101 15,800 751,329 SH   SOLE   751,329 0 0
MICHAEL KORS COM G60754101 26,113 397,157 SH   SOLE   397,157 0 0
MICROCHIP TECHNOLOGY COM 595017104 35,094 717,671 SH   SOLE   717,671 0 0
MICRON TECHNOLOGY COM 595112103 60,725 2,238,281 SH   SOLE   2,238,281 0 0
MICROSOFT CORP COM 594918104 679,740 16,719,724 SH   SOLE   16,719,724 0 0
MINAS BUENAVENT.(ADR ADR 204448104 2,400 236,900 SH   SOLE   236,900 0 0
MINDRAY MEDICAL(ADR) ADR 602675100 10,674 390,260 SH   SOLE   390,260 0 0
MOBILE TELESYS.(ADR) ADR 607409109 1,782 176,419 SH   SOLE   176,419 0 0
MOHAWK INDUSTRIES COM 608190104 22,598 121,659 SH   SOLE   121,659 0 0
MOLSON COORS BR CL-B COM 60871R209 21,409 287,558 SH   SOLE   287,558 0 0
MONDELEZ INTERNATION COM 609207105 133,177 3,690,131 SH   SOLE   3,690,131 0 0
MONSANTO COMPANY COM 61166W101 130,124 1,156,248 SH   SOLE   1,156,248 0 0
MONSTER BEVERAG CORP COM 611740101 38,350 277,107 SH   SOLE   277,107 0 0
MOODY'S CORPORATION COM 615369105 85,638 825,029 SH   SOLE   825,029 0 0
MORGAN STANLEY COM 617446448 99,347 2,783,614 SH   SOLE   2,783,614 0 0
MOTOROLA SOLUTIONS COM 620076307 30,275 454,099 SH   SOLE   454,099 0 0
MURPHY OIL CORP. COM 626717102 15,015 322,212 SH   SOLE   322,212 0 0
MYLAN NV COM N59465109 45,426 765,384 SH   SOLE   765,384 0 0
MYRIAD GENETICS INC. COM 62855J104 14,135 399,300 SH   SOLE   399,300 0 0
NABORS INDUSTRIES COM G6359F103 6,800 498,194 SH   SOLE   498,194 0 0
NASDAQ OMX GROUP COM 631103108 10,991 215,770 SH   SOLE   215,770 0 0
NATIONAL-OILWELL V COM 637071101 42,059 841,358 SH   SOLE   841,358 0 0
NAVIENT CORP COM 63938C108 16,146 794,201 SH   SOLE   794,201 0 0
NCR CORPORATION COM 62886E108 4,822 163,391 SH   SOLE   163,391 0 0
NETAPP INC COM 64110D104 22,076 622,568 SH   SOLE   622,568 0 0
NETFLIX.COM INC. COM 64110L106 59,323 142,367 SH   SOLE   142,367 0 0
NETSUITE INC. COM 64118Q107 5,962 64,277 SH   SOLE   64,277 0 0
NEW JERSEY RESOURCES COM 646025106 265 8,520 SH   SOLE   8,520 0 0
NEW ORIENTAL ED(ADR) ADR 647581107 8,745 394,460 SH   SOLE   394,460 0 0
NEW YORK COMMUN.BANC COM 649445103 14,107 843,193 SH   SOLE   843,193 0 0
NEWELL RUBBERMAID COM 651229106 21,153 541,420 SH   SOLE   541,420 0 0
NEWFIELD EXPLORATION COM 651290108 269 7,672 SH   SOLE   7,672 0 0
NEWMONT MINING CO HL COM 651639106 32,743 1,508,206 SH   SOLE   1,508,206 0 0
NEWS CORP-CLASS A COM 65249B109 11,321 707,112 SH   SOLE   707,112 0 0
NEXTERA ENERGY INC. COM 65339F101 101,497 975,462 SH   SOLE   975,462 0 0
NIELSEN NV COM N63218106 47,095 1,056,655 SH   SOLE   1,056,655 0 0
NIKE INC CL'B' COM 654106103 130,166 1,297,379 SH   SOLE   1,297,379 0 0
NISOURCE INC. COM 65473P105 28,118 636,721 SH   SOLE   636,721 0 0
NOBLE CORP PLC COM G65431101 7,299 511,129 SH   SOLE   511,129 0 0
NOBLE ENERGY INC COM 655044105 35,954 735,259 SH   SOLE   735,259 0 0
NORDSTROM INC. COM 655664100 21,474 267,357 SH   SOLE   267,357 0 0
NORFOLK SOUTHERN COM 655844108 60,884 591,562 SH   SOLE   591,562 0 0
NORTHERN TRUST COM 665859104 29,846 428,510 SH   SOLE   428,510 0 0
NORTHROP GRUMMAN COM 666807102 59,292 368,362 SH   SOLE   368,362 0 0
NORTHWESTERN CORP COM 668074305 252 4,692 SH   SOLE   4,692 0 0
NORWEGIAN CRUISE LIN COM G66721104 11,870 219,779 SH   SOLE   219,779 0 0
NOW INC COM 67011P100 33,363 1,541,750 SH   SOLE   1,541,750 0 0
NRG ENERGY INC COM 629377508 19,088 757,752 SH   SOLE   757,752 0 0
NUANCE COMMUNICATION COM 67020Y100 7,027 489,658 SH   SOLE   489,658 0 0
NUCOR CORP COM 670346105 28,942 608,913 SH   SOLE   608,913 0 0
NVIDIA CORP. COM 67066G104 22,549 1,077,599 SH   SOLE   1,077,599 0 0
NXP SEMICONDUCTOR NV COM N6596X109 16,808 167,476 SH   SOLE   167,476 0 0
OCCIDENTAL PETROLEUM COM 674599105 111,989 1,534,098 SH   SOLE   1,534,098 0 0
OCEANEERING INTL INC COM 675232102 10,594 196,438 SH   SOLE   196,438 0 0
OGE ENERGY CORP COM 670837103 11,825 374,094 SH   SOLE   374,094 0 0
OLD REPUBLIC INTL. COM 680223104 170 11,395 SH   SOLE   11,395 0 0
OMNICARE INC. COM 681904108 19,574 254,013 SH   SOLE   254,013 0 0
OMNICOM GROUP COM 681919106 37,067 475,344 SH   SOLE   475,344 0 0
ONE GAS INC COM 68235P108 225 5,201 SH   SOLE   5,201 0 0
ONEOK INC. COM 682680103 20,054 415,710 SH   SOLE   415,710 0 0
ORACLE CORPORATION COM 68389X105 377,135 8,740,092 SH   SOLE   8,740,092 0 0
O'REILLY AUTOMOTIVE COM 67103H107 42,233 195,308 SH   SOLE   195,308 0 0
OSHKOSH CORP. COM 688239201 3,123 64,000 SH   SOLE   64,000 0 0
OWENS-ILLINOIS INC. COM 690768403 7,665 328,682 SH   SOLE   328,682 0 0
PACCAR INC COM 693718108 69,371 1,098,687 SH   SOLE   1,098,687 0 0
PACKAGING CORP AMERI COM 695156109 3,089 39,500 SH   SOLE   39,500 0 0
PALL CORP COM 696429307 20,380 203,011 SH   SOLE   203,011 0 0
PALO ALTO NETWORKS COM 697435105 18,792 128,644 SH   SOLE   128,644 0 0
PARKER HANNIFIN COM 701094104 49,519 416,894 SH   SOLE   416,894 0 0
PARTNERRE LIMITED COM G6852T105 10,770 94,202 SH   SOLE   94,202 0 0
PATTERSON COS INC COM 703395103 8,858 181,558 SH   SOLE   181,558 0 0
PAYCHEX INC COM 704326107 37,998 765,849 SH   SOLE   765,849 0 0
PENTAIR PLC COM G7S00T104 22,191 352,858 SH   SOLE   352,858 0 0
PEOPLE'S UNITED FIN. COM 712704105 11,431 752,047 SH   SOLE   752,047 0 0
PEPCO HOLDINGS INC. COM 713291102 13,581 506,188 SH   SOLE   506,188 0 0
PEPSICO INC. COM 713448108 322,281 3,370,440 SH   SOLE   3,370,440 0 0
PERRIGO CO PLC COM G97822103 45,945 277,527 SH   SOLE   277,527 0 0
PETROLEO BRASIL(ADR) ADR 71654V101 128 21,000 SH   SOLE   21,000 0 0
PFIZER INC. COM 717081103 459,247 13,200,545 SH   SOLE   13,200,545 0 0
PG AND E CORPORATION COM 69331C108 53,018 999,025 SH   SOLE   999,025 0 0
PHARMACYCLICS INC. COM 716933106 30,763 120,190 SH   SOLE   120,190 0 0
PHILIP MORRIS INTL COM 718172109 261,389 3,469,921 SH   SOLE   3,469,921 0 0
PHILIPPINE LONG(ADR) ADR 718252604 1,334 21,345 SH   SOLE   21,345 0 0
PHILLIPS 66 COM 718546104 91,355 1,162,274 SH   SOLE   1,162,274 0 0
PIEDMONT NATL GAS CO COM 720186105 290 7,858 SH   SOLE   7,858 0 0
PINNACLE WEST CAPITA COM 723484101 13,631 213,819 SH   SOLE   213,819 0 0
PIONEER NATURAL RES COM 723787107 46,063 281,711 SH   SOLE   281,711 0 0
PLUM CREEK TIMBER CO COM 729251108 14,864 342,090 SH   SOLE   342,090 0 0
PNC FIN. SERVICES COM 693475105 100,270 1,075,400 SH   SOLE   1,075,400 0 0
POLARIS INDUSTRIES COM 731068102 17,392 123,257 SH   SOLE   123,257 0 0
POSCO (ADR) ADR 693483109 279 5,100 SH   SOLE   5,100 0 0
PPG INDUSTRIES COM 693506107 64,654 286,662 SH   SOLE   286,662 0 0
PPL CORPORATION COM 69351T106 45,725 1,358,448 SH   SOLE   1,358,448 0 0
PRAXAIR INC. COM 74005P104 100,954 836,131 SH   SOLE   836,131 0 0
PRECISION CASTPARTS COM 740189105 57,119 271,997 SH   SOLE   271,997 0 0
PRICELINE GROUP INC COM 741503403 123,256 105,876 SH   SOLE   105,876 0 0
PRINCIPAL FINANCIAL COM 74251V102 28,506 554,907 SH   SOLE   554,907 0 0
PROCTER & GAMBLE COM 742718109 454,892 5,551,525 SH   SOLE   5,551,525 0 0
PROGRESSIVE CORP COM 743315103 41,948 1,542,216 SH   SOLE   1,542,216 0 0
PROLOGIS INC COM 74340W103 42,252 969,963 SH   SOLE   969,963 0 0
PRUDENTIAL FINANCIAL COM 744320102 82,083 1,022,072 SH   SOLE   1,022,072 0 0
PUBLIC SERVICE ENTER COM 744573106 41,997 1,001,835 SH   SOLE   1,001,835 0 0
PUBLIC STORAGE COM 74460D109 56,554 286,872 SH   SOLE   286,872 0 0
PULTE GROUP INC. COM 745867101 14,233 640,283 SH   SOLE   640,283 0 0
PVH CORP COM 693656100 26,538 249,046 SH   SOLE   249,046 0 0
QEP RESOURCES INC. COM 74733V100 6,665 319,662 SH   SOLE   319,662 0 0
QIAGEN N.V. COM N72482107 7,065 280,370 SH   SOLE   280,370 0 0
QORVO INC COM 74736K101 31,972 401,160 SH   SOLE   401,160 0 0
QUALCOMM INC COM 747525103 245,123 3,535,093 SH   SOLE   3,535,093 0 0
QUANTA SERVICES INC COM 74762E102 11,410 399,942 SH   SOLE   399,942 0 0
QUEST DIAGNOSTICS COM 74834L100 21,368 278,049 SH   SOLE   278,049 0 0
QUIMICA Y MINERA(ADR ADR 833635105 733 40,181 SH   SOLE   40,181 0 0
QUINTILES TRANS HOLD COM 74876Y101 19,587 292,473 SH   SOLE   292,473 0 0
RACKSPACE HOSTING COM 750086100 11,670 226,213 SH   SOLE   226,213 0 0
RALPH LAUREN CORP-A COM 751212101 16,154 122,842 SH   SOLE   122,842 0 0
RANGE RESOURCES CORP COM 75281A109 16,720 321,293 SH   SOLE   321,293 0 0
RAYMOND JAMES FIN. COM 754730109 20,445 360,075 SH   SOLE   360,075 0 0
RAYONIER INC COM 754907103 6,639 246,270 SH   SOLE   246,270 0 0
RAYTHEON COMPANY COM 755111507 67,234 615,417 SH   SOLE   615,417 0 0
REALOGY HLDGS CORP COM 75605Y106 12,613 277,325 SH   SOLE   277,325 0 0
REALTY INCOME CORP COM 756109104 27,907 540,841 SH   SOLE   540,841 0 0
RED HAT INC COM 756577102 26,676 352,156 SH   SOLE   352,156 0 0
REGENCY CENTERS CORP COM 758849103 12,010 176,511 SH   SOLE   176,511 0 0
REGENERON PHARMACEUT COM 75886F107 68,104 150,846 SH   SOLE   150,846 0 0
REGIONS FINANCIAL COM 7591EP100 25,546 2,703,243 SH   SOLE   2,703,243 0 0
RENAISSANCERE HLDGS COM G7496G103 20,647 207,030 SH   SOLE   207,030 0 0
REPUBLIC SERVICES COM 760759100 24,022 592,270 SH   SOLE   592,270 0 0
RESMED INC COM 761152107 18,852 262,639 SH   SOLE   262,639 0 0
REYNOLDS AMERICAN COM 761713106 58,222 844,892 SH   SOLE   844,892 0 0
RITCHIE BROS. AUCTIO COM 767744105 7,960 319,170 SH   SOLE   319,170 0 0
ROBERT HALF INTL INC COM 770323103 15,545 256,849 SH   SOLE   256,849 0 0
ROCK-TENN CO. CL-A COM 772739207 27,645 428,607 SH   SOLE   428,607 0 0
ROCKWELL AUTOMATION COM 773903109 31,108 268,194 SH   SOLE   268,194 0 0
ROCKWELL COLLINS COM 774341101 22,063 228,513 SH   SOLE   228,513 0 0
ROPER INDUSTRIES INC COM 776696106 33,331 193,785 SH   SOLE   193,785 0 0
ROSS STORES INC. COM 778296103 42,012 398,746 SH   SOLE   398,746 0 0
ROYAL CARIB CRUISES COM V7780T103 86,919 1,061,927 SH   SOLE   1,061,927 0 0
RYANAIR HLDGS (ADR) ADR 783513104 36,567 547,659 SH   SOLE   547,659 0 0
RYDER SYSTEM COM 783549108 12,837 135,286 SH   SOLE   135,286 0 0
SALESFORCE.COM INC. COM 79466L302 95,560 1,430,324 SH   SOLE   1,430,324 0 0
SALIX PHARMACEUTICAL COM 795435106 20,790 120,304 SH   SOLE   120,304 0 0
SANDISK CORPORATION COM 80004C101 32,070 504,090 SH   SOLE   504,090 0 0
SBA COMMUNICATIONS COM 78388J106 39,312 335,711 SH   SOLE   335,711 0 0
SCANA CORP COM 80589M102 14,462 262,994 SH   SOLE   262,994 0 0
SCHLUMBERGER LIMITED COM 806857108 242,097 2,901,451 SH   SOLE   2,901,451 0 0
SCHWAB (CHAS) CORP COM 808513105 67,916 2,231,159 SH   SOLE   2,231,159 0 0
SCRIPPS NETWORKS 'A' COM 811065101 10,325 150,598 SH   SOLE   150,598 0 0
SEAGATE TECHNOLOGY COM G7945M107 36,484 701,209 SH   SOLE   701,209 0 0
SEALED AIR CORP. COM 81211K100 17,257 378,768 SH   SOLE   378,768 0 0
SEATTLE GENETICS INC COM 812578102 27,836 787,430 SH   SOLE   787,430 0 0
SEI INVESTMENTS CO COM 784117103 11,537 261,680 SH   SOLE   261,680 0 0
SEMGROUP CORP-CL A COM 81663A105 353 4,338 SH   SOLE   4,338 0 0
SEMPRA ENERGY COM 816851109 55,346 507,665 SH   SOLE   507,665 0 0
SENSATA TECH HLDG NV COM N7902X106 17,413 303,106 SH   SOLE   303,106 0 0
SERVICENOW INC. COM 81762P102 19,790 251,209 SH   SOLE   251,209 0 0
SHERWIN WILLIAMS COM 824348106 65,401 229,881 SH   SOLE   229,881 0 0
SHINHAN FIN GRP(ADR) ADR 824596100 339 9,100 SH   SOLE   9,100 0 0
SIGMA ALDRICH CORP COM 826552101 31,321 226,551 SH   SOLE   226,551 0 0
SIGNATURE BANK COM 82669G104 4,043 31,200 SH   SOLE   31,200 0 0
SIGNET JEWELERS LTD COM G81276100 19,692 141,885 SH   SOLE   141,885 0 0
SILICONWARE PREC(ADR ADR 827084864 3,862 472,155 SH   SOLE   472,155 0 0
SIMON PROPERTY(REIT) COM 828806109 123,772 632,651 SH   SOLE   632,651 0 0
SIRIUS XM HOLDINGS COM 82968B103 17,959 4,701,262 SH   SOLE   4,701,262 0 0
SK TELECOM (ADR) ADR 78440P108 433 15,900 SH   SOLE   15,900 0 0
SKYWORKS SOLUTIONS COM 83088M102 36,673 373,114 SH   SOLE   373,114 0 0
SL GREEN REALTY CORP COM 78440X101 23,730 184,844 SH   SOLE   184,844 0 0
SLM CORPORATION COM 78442P106 207 22,330 SH   SOLE   22,330 0 0
SNAP-ON INC. COM 833034101 16,012 108,878 SH   SOLE   108,878 0 0
SOUTHERN CO. COM 842587107 91,046 2,056,151 SH   SOLE   2,056,151 0 0
SOUTHERN COPPER CORP COM 84265V105 6,779 232,314 SH   SOLE   232,314 0 0
SOUTHWEST AIRLINES COM 844741108 13,965 315,228 SH   SOLE   315,228 0 0
SOUTHWEST GAS COM 844895102 271 4,652 SH   SOLE   4,652 0 0
SOUTHWESTERN ENERGY COM 845467109 19,311 832,747 SH   SOLE   832,747 0 0
SPECTRA ENERGY CORP COM 847560109 49,406 1,365,935 SH   SOLE   1,365,935 0 0
SPLUNK INC. COM 848637104 14,551 245,800 SH   SOLE   245,800 0 0
SPRINT CORP COM 85207U105 7,128 1,503,815 SH   SOLE   1,503,815 0 0
SPX CORP COM 784635104 5,591 65,854 SH   SOLE   65,854 0 0
ST.JUDE MEDICAL COM 790849103 35,898 548,903 SH   SOLE   548,903 0 0
STANLEY BLACK & DECK COM 854502101 37,755 395,918 SH   SOLE   395,918 0 0
STAPLES INC. COM 855030102 20,167 1,238,384 SH   SOLE   1,238,384 0 0
STARBUCKS CORP COM 855244109 137,572 1,452,718 SH   SOLE   1,452,718 0 0
STARWOOD H & R WORLD COM 85590A401 28,413 340,270 SH   SOLE   340,270 0 0
STATE STREET CORP COM 857477103 59,446 808,455 SH   SOLE   808,455 0 0
STERICYCLE INC. COM 858912108 34,742 247,397 SH   SOLE   247,397 0 0
STRATASYS LTD. COM M85548101 9,348 177,110 SH   SOLE   177,110 0 0
STRYKER CORP COM 863667101 62,442 676,881 SH   SOLE   676,881 0 0
SUNTRUST BANKS INC COM 867914103 41,423 1,008,107 SH   SOLE   1,008,107 0 0
SUPERIOR ENERGY SRV. COM 868157108 6,527 292,186 SH   SOLE   292,186 0 0
SVB FINANCIAL GROUP COM 78486Q101 4,262 33,550 SH   SOLE   33,550 0 0
SYMANTEC CORPORATION COM 871503108 30,523 1,306,375 SH   SOLE   1,306,375 0 0
SYNCHRONY FINANCIAL COM 87165B103 9,682 319,025 SH   SOLE   319,025 0 0
SYNOPSYS INC. COM 871607107 18,206 393,038 SH   SOLE   393,038 0 0
SYSCO CORPORATION COM 871829107 43,166 1,144,071 SH   SOLE   1,144,071 0 0
T ROWE PRICE GROUP COM 74144T108 40,379 498,624 SH   SOLE   498,624 0 0
TAIWAN SEMICOND.(ADR ADR 874039100 47,503 2,023,140 SH   SOLE   2,023,140 0 0
TAL EDUCATION GR(ADR ADR 874080104 1,472 44,300 SH   SOLE   44,300 0 0
TARGA RESOURCES CORP COM 87612G101 345 3,600 SH   SOLE   3,600 0 0
TARGET CORP. COM 87612E106 108,616 1,323,453 SH   SOLE   1,323,453 0 0
TATA MOTORS (ADR) ADR 876568502 1,999 44,358 SH   SOLE   44,358 0 0
TD AMERITRADE HLDG COM 87236Y108 104,852 2,814,057 SH   SOLE   2,814,057 0 0
TE CONNECTIVITY LTD COM H84989104 70,814 988,748 SH   SOLE   988,748 0 0
TELEFONICA BRA(ADR) ADR 87936R106 1,113 72,825 SH   SOLE   72,825 0 0
TEMPUR SEALY INTL COM 88023U101 2,079 36,000 SH   SOLE   36,000 0 0
TERADATA CORPORATION COM 88076W103 20,839 472,121 SH   SOLE   472,121 0 0
TERADYNE INC COM 880770102 12,368 656,110 SH   SOLE   656,110 0 0
TESLA MOTORS INC. COM 88160R101 75,305 398,922 SH   SOLE   398,922 0 0
TESORO CORPORATION COM 881609101 21,903 239,932 SH   SOLE   239,932 0 0
TEVA PHARMACEUT(ADR) ADR 881624209 8,102 130,050 SH   SOLE   130,050 0 0
TEXAS INSTRUMENTS COM 882508104 115,694 2,023,153 SH   SOLE   2,023,153 0 0
TEXTRON COM 883203101 23,691 534,431 SH   SOLE   534,431 0 0
THE ADT CORPORATION COM 00101J106 14,195 341,873 SH   SOLE   341,873 0 0
THE HERSHEY COMPANY COM 427866108 36,744 364,129 SH   SOLE   364,129 0 0
THE LACLEDE GROUP COM 505597104 221 4,319 SH   SOLE   4,319 0 0
THE MOSAIC COMPANY COM 61945C103 33,955 737,195 SH   SOLE   737,195 0 0
THERMO FISHER SCIENT COM 883556102 125,563 934,666 SH   SOLE   934,666 0 0
TIFFANY & CO. COM 886547108 47,106 535,235 SH   SOLE   535,235 0 0
TIM PARTICIPACOES ADR 88706P205 667 40,237 SH   SOLE   40,237 0 0
TIME WARNER CABLE COM 88732J207 81,247 542,077 SH   SOLE   542,077 0 0
TIME WARNER INC COM 887317303 159,604 1,890,148 SH   SOLE   1,890,148 0 0
TJX COMPANIES COM 872540109 129,844 1,853,587 SH   SOLE   1,853,587 0 0
T-MOBILE US INC COM 872590104 16,525 521,461 SH   SOLE   521,461 0 0
TOLL BROTHERS INC. COM 889478103 12,976 329,835 SH   SOLE   329,835 0 0
TORCHMARK CORP COM 891027104 13,600 247,641 SH   SOLE   247,641 0 0
TOTAL SYSTEM SERVICE COM 891906109 12,133 318,021 SH   SOLE   318,021 0 0
TOWERS WATSON & CO COM 891894107 17,281 130,731 SH   SOLE   130,731 0 0
TRACTOR SUPPLY CO COM 892356106 21,573 253,619 SH   SOLE   253,619 0 0
TRANSDIGM GROUP INC COM 893641100 20,392 93,234 SH   SOLE   93,234 0 0
TRAVELERS COMPANIES COM 89417E109 71,286 659,258 SH   SOLE   659,258 0 0
TRIMBLE NAVIGATION COM 896239100 12,187 483,612 SH   SOLE   483,612 0 0
TRIPADVISOR INC COM 896945201 91,782 1,103,552 SH   SOLE   1,103,552 0 0
TRW AUTOMOTIVE HLDGS COM 87264S106 21,687 206,840 SH   SOLE   206,840 0 0
TWENTY-FIRST CENT(A) COM 90130A101 89,262 2,637,755 SH   SOLE   2,637,755 0 0
TWENTY-FIRST CENT(B) COM 90130A200 28,064 853,527 SH   SOLE   853,527 0 0
TWITTER INC COM 90184L102 49,957 997,552 SH   SOLE   997,552 0 0
TYCO INTERNATIONAL P COM G91442106 38,124 885,371 SH   SOLE   885,371 0 0
TYSON FOODS CL 'A' COM 902494103 27,719 723,731 SH   SOLE   723,731 0 0
U.S. BANCORP COM 902973304 196,512 4,499,921 SH   SOLE   4,499,921 0 0
UDR INC COM 902653104 16,525 485,587 SH   SOLE   485,587 0 0
UIL HOLDINGS CORP COM 902748102 290 5,640 SH   SOLE   5,640 0 0
ULTA SALON COSMETICS COM 90384S303 17,513 116,097 SH   SOLE   116,097 0 0
ULTRA PETROLEUM CORP COM 903914109 21,066 1,347,773 SH   SOLE   1,347,773 0 0
ULTRAPAR PARTIC(ADR) ADR 90400P101 1,592 78,829 SH   SOLE   78,829 0 0
UNDER ARMOUR -CL A COM 904311107 25,235 312,511 SH   SOLE   312,511 0 0
UNION PACIFIC COM 907818108 186,443 1,721,382 SH   SOLE   1,721,382 0 0
UNITED CONTINENTAL COM 910047109 14,620 217,405 SH   SOLE   217,405 0 0
UNITED MICROELEC(ADR ADR 910873405 1,112 455,576 SH   SOLE   455,576 0 0
UNITED PARCEL SRV-B COM 911312106 131,122 1,352,614 SH   SOLE   1,352,614 0 0
UNITED RENTALS INC. COM 911363109 32,490 356,404 SH   SOLE   356,404 0 0
UNITED TECHNOLOGIES COM 913017109 200,664 1,712,147 SH   SOLE   1,712,147 0 0
UNITEDHEALTH GROUP COM 91324P102 231,562 1,957,579 SH   SOLE   1,957,579 0 0
UNIVERSAL HEALTH-B COM 913903100 20,580 174,840 SH   SOLE   174,840 0 0
UNUM GROUP COM 91529Y106 16,762 496,941 SH   SOLE   496,941 0 0
URBAN OUTFITTERS INC COM 917047102 9,260 202,845 SH   SOLE   202,845 0 0
V.F. CORP COM 918204108 49,780 661,001 SH   SOLE   661,001 0 0
VALE SA (ADR)(PFD) ADR 91912E204 219 45,100 SH   SOLE   45,100 0 0
VALERO ENERGY CORP. COM 91913Y100 79,697 1,252,709 SH   SOLE   1,252,709 0 0
VANTIV INC-CL A COM 92210H105 12,542 332,681 SH   SOLE   332,681 0 0
VARIAN MEDICAL SYSTE COM 92220P105 45,628 484,945 SH   SOLE   484,945 0 0
VENTAS INC. COM 92276F100 45,465 622,635 SH   SOLE   622,635 0 0
VERISIGN INC. COM 92343E102 14,740 220,106 SH   SOLE   220,106 0 0
VERISK ANALYTICS -A COM 92345Y106 21,795 305,250 SH   SOLE   305,250 0 0
VERIZON COMMUNICAT. COM 92343V104 433,780 8,920,006 SH   SOLE   8,920,006 0 0
VERTEX PHARMACEUTIC. COM 92532F100 53,652 454,795 SH   SOLE   454,795 0 0
VIACOM INC.CLS-B NEW COM 92553P201 49,337 722,360 SH   SOLE   722,360 0 0
VINA CONCHA Y T(ADR) ADR 927191106 505 12,224 SH   SOLE   12,224 0 0
VISA INC-CL A SHARES COM 92826C839 283,635 4,336,259 SH   SOLE   4,336,259 0 0
VMWARE INC. CLASS-A COM 928563402 16,466 200,781 SH   SOLE   200,781 0 0
VORNADO REALTY TRUST COM 929042109 35,755 319,245 SH   SOLE   319,245 0 0
VOYA FINANCIAL INC COM 929089100 19,207 445,544 SH   SOLE   445,544 0 0
VULCAN MATERIALS CO COM 929160109 21,074 249,988 SH   SOLE   249,988 0 0
WABTEC CORPORATION COM 929740108 16,929 178,183 SH   SOLE   178,183 0 0
WAL MART STORES INC. COM 931142103 292,718 3,558,877 SH   SOLE   3,558,877 0 0
WALGREENS BOOTS COM 931427108 148,517 1,753,857 SH   SOLE   1,753,857 0 0
WALT DISNEY CO COM 254687106 329,607 3,142,405 SH   SOLE   3,142,405 0 0
WASTE MANAGEMENT INC COM 94106L109 48,846 900,713 SH   SOLE   900,713 0 0
WATERS CORPORATION COM 941848103 72,839 585,903 SH   SOLE   585,903 0 0
WATSCO INC. COM 942622200 35,656 283,660 SH   SOLE   283,660 0 0
WEATHERFORD INTERNAT COM G48833100 18,108 1,472,209 SH   SOLE   1,472,209 0 0
WELLS FARGO COMPANY COM 949746101 540,954 9,944,008 SH   SOLE   9,944,008 0 0
WESTERN DIGITAL CORP COM 958102105 39,157 430,251 SH   SOLE   430,251 0 0
WESTERN UNION COM. COM 959802109 21,064 1,012,211 SH   SOLE   1,012,211 0 0
WESTLAKE CHEMICAL COM 960413102 6,231 86,611 SH   SOLE   86,611 0 0
WEYERHAEUSER COM 962166104 33,037 996,580 SH   SOLE   996,580 0 0
WGL HOLDINGS INC COM 92924F106 280 4,960 SH   SOLE   4,960 0 0
WHIRLPOOL CORP COM 963320106 42,637 211,010 SH   SOLE   211,010 0 0
WHITING PETROLEUM CO COM 966387102 10,009 323,912 SH   SOLE   323,912 0 0
WHOLE FOODS MARKET COM 966837106 57,572 1,105,461 SH   SOLE   1,105,461 0 0
WILLIAMS COMPANIES COM 969457100 71,745 1,418,168 SH   SOLE   1,418,168 0 0
WILLIS GROUP HLDGS COM G96666105 19,962 414,316 SH   SOLE   414,316 0 0
WINDSTREAM HOLDINGS COM 97382A101 8,689 1,174,158 SH   SOLE   1,174,158 0 0
WIPRO LIMITED (ADR) ADR 97651M109 6,040 453,465 SH   SOLE   453,465 0 0
WISCONSIN ENERGY COM 976657106 23,221 469,112 SH   SOLE   469,112 0 0
WOODWARD INC COM 980745103 4,846 95,000 SH   SOLE   95,000 0 0
WORKDAY INC COM 98138H101 30,583 362,310 SH   SOLE   362,310 0 0
WYNDHAM WORLDWIDE CO COM 98310W108 21,162 233,911 SH   SOLE   233,911 0 0
WYNN RESORTS LIMITED COM 983134107 19,442 154,452 SH   SOLE   154,452 0 0
XCEL ENERGY INC COM 98389B100 35,438 1,018,035 SH   SOLE   1,018,035 0 0
XEROX COM 984121103 27,568 2,145,401 SH   SOLE   2,145,401 0 0
XILINX INC. COM 983919101 54,129 1,279,646 SH   SOLE   1,279,646 0 0
XL GROUP PLC COM G98290102 18,838 511,896 SH   SOLE   511,896 0 0
XYLEM INC. COM 98419M100 12,011 342,985 SH   SOLE   342,985 0 0
YAHOO! INC. COM 984332106 78,018 1,755,779 SH   SOLE   1,755,779 0 0
YUM! BRANDS INC COM 988498101 66,158 840,421 SH   SOLE   840,421 0 0
ZILLOW INC.-A COM 98954M101 15,543 154,961 SH   SOLE   154,961 0 0
ZIMMER HOLDINGS INC. COM 98956P102 37,695 320,751 SH   SOLE   320,751 0 0
ZIONS BANCORPORATION COM 989701107 10,271 380,413 SH   SOLE   380,413 0 0
ZOETIS INC COM 98978V103 44,022 951,009 SH   SOLE   951,009 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 634 6,000 SH   SOLE   6,000 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 10,602 59,700 SH   SOLE   59,700 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 10,528 51,000 SH   SOLE   51,000 0 0
ISHARES TR MSCI INDIA E 46429B598 10,523 329,000 SH   SOLE   329,000 0 0
ISHARES TR MSCI PHILIPS 46429B408 6,365 153,000 SH   SOLE   153,000 0 0
ISHARES TR MSCI INDONIA 46429B309 2,081 75,000 SH   SOLE   75,000 0 0
ISHARES MSCI TAIWAN 464286731 4,092 260,000 SH   SOLE   260,000 0 0