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 189,920 1,155,796 SH   SOLE   1,155,796 0 0
ABBOTT LABORATORIES COM 002824100 128,225 2,848,174 SH   SOLE   2,848,174 0 0
ABBVIE INC COM 00287Y109 208,262 3,182,490 SH   SOLE   3,182,490 0 0
ACCENTURE PLC CL-A COM G1151C101 105,073 1,176,495 SH   SOLE   1,176,495 0 0
ACE LIMITED COM H0023R105 72,531 631,365 SH   SOLE   631,365 0 0
ACTAVIS PLC COM G0083B108 150,744 585,617 SH   SOLE   585,617 0 0
ACTIVISION BLIZZARD COM 00507V109 18,573 921,759 SH   SOLE   921,759 0 0
ADOBE SYSTEMS INC. COM 00724F101 62,635 861,558 SH   SOLE   861,558 0 0
ADVANCE AUTO PARTS COM 00751Y106 21,305 133,761 SH   SOLE   133,761 0 0
ADVANCED SEMI (ADR) ADR 00756M404 2,174 354,638 SH   SOLE   354,638 0 0
AES CORPORATION COM 00130H105 17,913 1,300,843 SH   SOLE   1,300,843 0 0
AETNA INC-NEW COM 00817Y108 78,487 883,569 SH   SOLE   883,569 0 0
AFFILIATED MANAGERS COM 008252108 26,907 126,776 SH   SOLE   126,776 0 0
AFLAC INC. COM 001055102 51,483 842,747 SH   SOLE   842,747 0 0
AGCO CORPORATION COM 001084102 7,647 169,178 SH   SOLE   169,178 0 0
AGILENT TECHNOLOGIES COM 00846U101 33,014 806,402 SH   SOLE   806,402 0 0
AIR LEASE CORP COM 00912X302 6,656 194,000 SH   SOLE   194,000 0 0
AIR PRODUCTS & CHEM. COM 009158106 56,718 393,250 SH   SOLE   393,250 0 0
AIRGAS INC. COM 009363102 14,643 127,132 SH   SOLE   127,132 0 0
AKAMAI TECHNOLOGIES COM 00971T101 20,299 322,417 SH   SOLE   322,417 0 0
ALBEMARLE CORP COM 012653101 8,556 142,297 SH   SOLE   142,297 0 0
ALCOA INC. COM 013817101 34,271 2,170,398 SH   SOLE   2,170,398 0 0
ALEXION PHARMACEUTIC COM 015351109 72,216 390,292 SH   SOLE   390,292 0 0
ALIBABA GROUP HO(ADR ADR 01609W102 16,219 156,040 SH   SOLE   156,040 0 0
ALLEGHANY CORP COM 017175100 15,653 33,771 SH   SOLE   33,771 0 0
ALLERGAN INC. COM 018490102 115,425 542,947 SH   SOLE   542,947 0 0
ALLIANCE DATA SYSTEM COM 018581108 32,800 114,665 SH   SOLE   114,665 0 0
ALLIANT ENERGY CORP COM 018802108 13,658 205,634 SH   SOLE   205,634 0 0
ALLSTATE CORP COM 020002101 57,417 817,323 SH   SOLE   817,323 0 0
ALLY FINANCIAL INC COM 02005N100 15,990 676,975 SH   SOLE   676,975 0 0
ALTERA CORPORATION COM 021441100 21,001 568,515 SH   SOLE   568,515 0 0
ALTRIA GROUP INC COM 02209S103 186,581 3,786,910 SH   SOLE   3,786,910 0 0
AMAZON.COM INC. COM 023135106 359,761 1,159,209 SH   SOLE   1,159,209 0 0
AMBEV SA-SPN(ADR) ADR 02319V103 395 63,500 SH   SOLE   63,500 0 0
AMEREN CORPORATION COM 023608102 21,035 456,000 SH   SOLE   456,000 0 0
AMERICA MOVIL(ADR)-L ADR 02364W105 10,349 466,600 SH   SOLE   466,600 0 0
AMERICAN AIRLINES GR COM 02376R102 17,605 328,275 SH   SOLE   328,275 0 0
AMERICAN CAP AGENCY COM 02503X105 14,166 648,905 SH   SOLE   648,905 0 0
AMERICAN ELECTRIC PO COM 025537101 59,608 981,692 SH   SOLE   981,692 0 0
AMERICAN EXPRESS CO. COM 025816109 229,509 2,466,781 SH   SOLE   2,466,781 0 0
AMERICAN INTL GROUP COM 026874784 158,143 2,823,470 SH   SOLE   2,823,470 0 0
AMERICAN REALTY CAP COM 02917T104 15,004 1,657,938 SH   SOLE   1,657,938 0 0
AMERICAN TOWER CORP COM 03027X100 80,331 812,658 SH   SOLE   812,658 0 0
AMERICAN WATER WORKS COM 030420103 31,058 582,708 SH   SOLE   582,708 0 0
AMERIPRISE FINANCIAL COM 03076C106 50,711 383,451 SH   SOLE   383,451 0 0
AMERISOURCEBERGEN COM 03073E105 47,672 528,749 SH   SOLE   528,749 0 0
AMETEK INC. COM 031100100 23,628 448,951 SH   SOLE   448,951 0 0
AMGEN COM 031162100 238,822 1,499,289 SH   SOLE   1,499,289 0 0
AMPHENOL CORP 'A' COM 032095101 31,455 584,557 SH   SOLE   584,557 0 0
ANADARKO PETROLEUM COM 032511107 77,898 944,221 SH   SOLE   944,221 0 0
ANALOG DEVICES INC COM 032654105 31,745 571,779 SH   SOLE   571,779 0 0
ANNALY CAPITAL MGMT COM 035710409 19,937 1,844,278 SH   SOLE   1,844,278 0 0
ANSYS INC. COM 03662Q105 13,834 168,705 SH   SOLE   168,705 0 0
ANTERO RESOURCES COR COM 03674X106 3,806 93,801 SH   SOLE   93,801 0 0
ANTHEM INC. COM 036752103 153,254 1,219,493 SH   SOLE   1,219,493 0 0
AON PLC COM G0408V102 48,216 508,450 SH   SOLE   508,450 0 0
APACHE CORPORATION COM 037411105 65,443 1,044,248 SH   SOLE   1,044,248 0 0
APPLE INC COM 037833100 1,366,428 12,379,305 SH   SOLE   12,379,305 0 0
APPLIED MATERIALS COM 038222105 70,809 2,841,451 SH   SOLE   2,841,451 0 0
ARCH CAPITAL GRP LTD COM G0450A105 22,823 386,173 SH   SOLE   386,173 0 0
ARCHER DANIELS MDLND COM 039483102 74,375 1,430,289 SH   SOLE   1,430,289 0 0
ARCOS DORADOS COM G0457F107 2,579 476,700 SH   SOLE   476,700 0 0
ARROW ELECTRONICS COM 042735100 10,503 181,425 SH   SOLE   181,425 0 0
ASHLAND INC. COM 044209104 16,651 139,037 SH   SOLE   139,037 0 0
ASSURANT INC COM 04621X108 9,112 133,156 SH   SOLE   133,156 0 0
AT & T INC. COM 00206R102 349,672 10,410,000 SH   SOLE   10,410,000 0 0
AU OPTRONICS CO(ADR) ADR 002255107 631 124,000 SH   SOLE   124,000 0 0
AUTODESK INC. COM 052769106 24,864 413,987 SH   SOLE   413,987 0 0
AUTOLIV INC. COM 052800109 18,130 170,848 SH   SOLE   170,848 0 0
AUTOMATIC DATA PROCE COM 053015103 111,401 1,336,224 SH   SOLE   1,336,224 0 0
AUTONATION INC. COM 05329W102 12,857 212,837 SH   SOLE   212,837 0 0
AUTOZONE INC COM 053332102 44,900 72,523 SH   SOLE   72,523 0 0
AVAGO TECHNOLOGIES COM Y0486S104 59,313 589,652 SH   SOLE   589,652 0 0
AVALONBAY COMM. INC. COM 053484101 40,402 247,271 SH   SOLE   247,271 0 0
AVERY-DENNISON CORP COM 053611109 8,936 172,247 SH   SOLE   172,247 0 0
AVNET INC COM 053807103 14,918 346,768 SH   SOLE   346,768 0 0
AVON PRODUCTS COM 054303102 7,546 803,580 SH   SOLE   803,580 0 0
AXIS CAPITAL HLDGS. COM G0692U109 9,793 191,681 SH   SOLE   191,681 0 0
B/E AEROSPACE INC. COM 073302101 22,143 381,652 SH   SOLE   381,652 0 0
BAIDU INC.(ADR) ADR 056752108 98,251 430,980 SH   SOLE   430,980 0 0
BAKER HUGHES INC. COM 057224107 45,273 807,437 SH   SOLE   807,437 0 0
BALL CORPORATION COM 058498106 16,504 242,104 SH   SOLE   242,104 0 0
BANCO DE CHILE (ADR) ADR 059520106 2,079 30,150 SH   SOLE   30,150 0 0
BANCO SANT (ADS) ADR 05967A107 366 73,000 SH   SOLE   73,000 0 0
BANCO SANT.CHILE(ADR ADR 05965X109 1,639 83,093 SH   SOLE   83,093 0 0
BANCOLOMBIA SA (ADR) ADR 05968L102 1,082 22,600 SH   SOLE   22,600 0 0
BANK OF AMERICA CORP COM 060505104 370,806 20,727,019 SH   SOLE   20,727,019 0 0
BANK OF NY MELLON CO COM 064058100 90,578 2,232,627 SH   SOLE   2,232,627 0 0
BARCLAYS ETN+ DYN VEQTORTM ETF 06740C337 231,936 1,508,900 SH   SOLE   1,508,900 0 0
BARD C.R. INC COM 067383109 25,547 153,327 SH   SOLE   153,327 0 0
BAXTER INTERNATIONAL COM 071813109 81,161 1,107,402 SH   SOLE   1,107,402 0 0
BB & T CORP. COM 054937107 51,858 1,333,444 SH   SOLE   1,333,444 0 0
BECTON DICKINSON & COM 075887109 52,382 376,415 SH   SOLE   376,415 0 0
BED BATH & BEYOND COM 075896100 28,739 377,304 SH   SOLE   377,304 0 0
BERKLEY (WR) CORP COM 084423102 12,038 234,849 SH   SOLE   234,849 0 0
BERKSHIRE HATHAWAY'A COM 084670108 2,712 12 SH   SOLE   12 0 0
BERKSHIRE HATHAWAY'B COM 084670702 381,841 2,543,065 SH   SOLE   2,543,065 0 0
BEST BUY COMPANY INC COM 086516101 36,206 928,825 SH   SOLE   928,825 0 0
BIOGEN IDEC INC COM 09062X103 149,391 440,098 SH   SOLE   440,098 0 0
BIOMARIN PHARM. INC. COM 09061G101 24,271 268,484 SH   SOLE   268,484 0 0
BLACKROCK INC. COM 09247X101 87,565 244,896 SH   SOLE   244,896 0 0
BLOCK (H&R) COM 093671105 17,275 512,911 SH   SOLE   512,911 0 0
BOEING CO. COM 097023105 165,165 1,270,693 SH   SOLE   1,270,693 0 0
BORGWARNER INC COM 099724106 29,336 533,863 SH   SOLE   533,863 0 0
BOSTON PROPERTIES COM 101121101 36,032 279,991 SH   SOLE   279,991 0 0
BOSTON SCIENTIFIC COM 101137107 32,087 2,421,661 SH   SOLE   2,421,661 0 0
BRASKEM S.A.(ADR) ADR 105532105 218 16,900 SH   SOLE   16,900 0 0
BRF SA (ADR) ADR 10552T107 3,075 131,700 SH   SOLE   131,700 0 0
BRISTOL MYERS SQUIBB COM 110122108 193,931 3,285,289 SH   SOLE   3,285,289 0 0
BROADCOM CORP-CL'A' COM 111320107 58,099 1,340,859 SH   SOLE   1,340,859 0 0
BROWN-FORMAN -CL B COM 115637209 50,566 575,665 SH   SOLE   575,665 0 0
BUNGE LIMITED COM G16962105 24,714 271,851 SH   SOLE   271,851 0 0
C.H. ROBINSON WORLDW COM 12541W209 44,990 600,742 SH   SOLE   600,742 0 0
CA INC. COM 12673P105 20,164 662,202 SH   SOLE   662,202 0 0
CABLEVISION SYS.NY-A COM 12686C109 7,372 357,155 SH   SOLE   357,155 0 0
CABOT OIL & GAS CO.A COM 127097103 22,720 767,293 SH   SOLE   767,293 0 0
CALIFORNIA RES CORP COM 13057Q107 295 53,498 SH   SOLE   53,498 0 0
CALPINE CORPORATION COM 131347304 14,097 636,991 SH   SOLE   636,991 0 0
CAMDEN PROPERTY TRUS COM 133131102 11,777 159,493 SH   SOLE   159,493 0 0
CAMERON INTERNATL CO COM 13342B105 21,690 434,234 SH   SOLE   434,234 0 0
CAMPBELL SOUP COM 134429109 16,671 378,894 SH   SOLE   378,894 0 0
CAPITAL ONE FINANCIA COM 14040H105 94,167 1,140,729 SH   SOLE   1,140,729 0 0
CARDINAL HEALTH INC. COM 14149Y108 64,679 801,179 SH   SOLE   801,179 0 0
CAREFUSION CORP COM 14170T101 22,009 370,890 SH   SOLE   370,890 0 0
CARMAX INC COM 143130102 81,596 1,225,534 SH   SOLE   1,225,534 0 0
CARNIVAL CORP COM 143658300 32,463 716,157 SH   SOLE   716,157 0 0
CATERPILLAR COM 149123101 101,160 1,105,216 SH   SOLE   1,105,216 0 0
CBRE GROUP INC-A COM 12504L109 18,546 541,481 SH   SOLE   541,481 0 0
CBS CORP.CLASS-B COM 124857202 66,656 1,204,489 SH   SOLE   1,204,489 0 0
CDK GLOBAL INC COM 12508E101 5,112 125,415 SH   SOLE   125,415 0 0
CELANESE CORP-A COM 150870103 21,696 361,834 SH   SOLE   361,834 0 0
CELGENE CORP. COM 151020104 172,798 1,544,767 SH   SOLE   1,544,767 0 0
CEMEX SAB(ADR)PART ADR 151290889 2,384 233,986 SH   SOLE   233,986 0 0
CEMIG (ADR) ADR 204409601 882 177,447 SH   SOLE   177,447 0 0
CENTERPOINT ENERGY COM 15189T107 18,076 771,480 SH   SOLE   771,480 0 0
CENTURYLINK INC. COM 156700106 50,346 1,272,014 SH   SOLE   1,272,014 0 0
CERNER CORPORATION COM 156782104 36,417 563,209 SH   SOLE   563,209 0 0
CF INDUSTRIES HOLDIN COM 125269100 25,074 92,001 SH   SOLE   92,001 0 0
CHARTER COMM.-A COM 16117M305 23,021 138,162 SH   SOLE   138,162 0 0
CHECK POINT SOFTWARE COM M22465104 238 3,029 SH   SOLE   3,029 0 0
CHENIERE ENERGY INC COM 16411R208 29,080 413,071 SH   SOLE   413,071 0 0
CHESAPEAKE ENERGY CO COM 165167107 19,635 1,003,307 SH   SOLE   1,003,307 0 0
CHEVRON CORP COM 166764100 419,146 3,736,373 SH   SOLE   3,736,373 0 0
CHICAGO BRIDGE & IRN COM 167250109 7,739 184,348 SH   SOLE   184,348 0 0
CHIPOTLE MEXICAN COM 169656105 39,373 57,520 SH   SOLE   57,520 0 0
CHUBB CORP. COM 171232101 50,183 484,996 SH   SOLE   484,996 0 0
CHUNGHWA TELECOM(ADR ADR 17133Q502 5,412 183,900 SH   SOLE   183,900 0 0
CHURCH & DWIGHT CO. COM 171340102 22,858 290,041 SH   SOLE   290,041 0 0
CIA BRASI(ADR)(PFD ADR 20440T201 1,576 42,800 SH   SOLE   42,800 0 0
CIA CERVECERIAS(ADR) ADR 204429104 1,646 88,750 SH   SOLE   88,750 0 0
CIA SANEAMENTO (ADR) ADR 20441A102 484 77,000 SH   SOLE   77,000 0 0
CIA SIDERURGICA(ADR) ADR 20440W105 325 156,200 SH   SOLE   156,200 0 0
CIGNA CORP. COM 125509109 52,146 506,718 SH   SOLE   506,718 0 0
CIMAREX ENERGY CO COM 171798101 17,401 164,163 SH   SOLE   164,163 0 0
CINCINNATI FINANCIAL COM 172062101 14,935 288,144 SH   SOLE   288,144 0 0
CINTAS CORP. COM 172908105 14,212 181,183 SH   SOLE   181,183 0 0
CISCO SYSTEMS INC COM 17275R102 276,443 9,938,615 SH   SOLE   9,938,615 0 0
CIT GROUP INC. COM 125581801 26,636 556,899 SH   SOLE   556,899 0 0
CITIGROUP INC. COM 172967424 348,848 6,447,015 SH   SOLE   6,447,015 0 0
CITRIX SYSTEMS INC. COM 177376100 19,212 301,124 SH   SOLE   301,124 0 0
CLOROX COMPANY COM 189054109 26,711 256,318 SH   SOLE   256,318 0 0
CME GROUP INC. COM 12572Q105 53,529 603,828 SH   SOLE   603,828 0 0
CMS ENERGY CORP COM 125896100 21,579 620,984 SH   SOLE   620,984 0 0
COACH INC. COM 189754104 20,268 539,616 SH   SOLE   539,616 0 0
COBALT INTL ENERGY COM 19075F106 4,589 516,183 SH   SOLE   516,183 0 0
COCA-COLA COMPANY COM 191216100 320,374 7,588,213 SH   SOLE   7,588,213 0 0
COCA-COLA ENTERPRISE COM 19122T109 19,295 436,348 SH   SOLE   436,348 0 0
COCA-COLA FEMSA(ADR) ADR 191241108 3,686 42,600 SH   SOLE   42,600 0 0
COGNIZANT TECH CL-A COM 192446102 58,920 1,118,873 SH   SOLE   1,118,873 0 0
COLGATE PALMOLIVE COM 194162103 163,598 2,364,480 SH   SOLE   2,364,480 0 0
COMCAST CORP CL-A COM 20030N101 249,800 4,306,156 SH   SOLE   4,306,156 0 0
COMCAST CORP SP CL-A COM 20030N200 56,911 988,643 SH   SOLE   988,643 0 0
COMERICA INC COM 200340107 15,644 333,978 SH   SOLE   333,978 0 0
COMPUTER SCIENCES COM 205363104 16,871 267,581 SH   SOLE   267,581 0 0
CONAGRA FOODS INC COM 205887102 32,255 889,050 SH   SOLE   889,050 0 0
CONCHO RESOURCES INC COM 20605P101 20,568 206,193 SH   SOLE   206,193 0 0
CONOCOPHILLIPS COM 20825C104 168,651 2,442,099 SH   SOLE   2,442,099 0 0
CONSOL ENERGY INC. COM 20854P109 14,269 422,037 SH   SOLE   422,037 0 0
CONSOLIDATED EDISON COM 209115104 42,673 646,464 SH   SOLE   646,464 0 0
CONSTELLATION BRND-A COM 21036P108 31,066 316,448 SH   SOLE   316,448 0 0
CONTINENTAL RESOURCE COM 212015101 6,765 176,349 SH   SOLE   176,349 0 0
COOPER COMPANIES INC COM 216648402 20,104 124,032 SH   SOLE   124,032 0 0
COPEL (ADR) ADR 20441B407 358 27,200 SH   SOLE   27,200 0 0
CORE LABORATORIES COM N22717107 9,656 80,236 SH   SOLE   80,236 0 0
CORNING INC. COM 219350105 55,513 2,420,996 SH   SOLE   2,420,996 0 0
COSTCO WHOLESALE CO. COM 22160K105 120,600 850,797 SH   SOLE   850,797 0 0
COVIDIEN PLC COM G2554F113 84,707 828,190 SH   SOLE   828,190 0 0
CPFL ENERGIA SA(ADR) ADR 126153105 319 23,500 SH   SOLE   23,500 0 0
CREDICORP LIMITED COM G2519Y108 14,608 91,200 SH   SOLE   91,200 0 0
CREE INC. COM 225447101 7,192 223,203 SH   SOLE   223,203 0 0
CROWN CASTLE INTL CO COM 22822V101 55,753 708,421 SH   SOLE   708,421 0 0
CROWN HOLDINGS INC COM 228368106 13,159 258,519 SH   SOLE   258,519 0 0
CSX COM 126408103 66,853 1,845,241 SH   SOLE   1,845,241 0 0
CTRIP.COM INTL (ADR) ADR 22943F100 18,232 400,700 SH   SOLE   400,700 0 0
CUMMINS INC COM 231021106 51,323 355,991 SH   SOLE   355,991 0 0
CVS HEALTH CORPORATI COM 126650100 228,391 2,371,415 SH   SOLE   2,371,415 0 0
D.R. HORTON INC. COM 23331A109 15,083 596,407 SH   SOLE   596,407 0 0
DANAHER CORP COM 235851102 99,528 1,161,213 SH   SOLE   1,161,213 0 0
DARDEN RESTAURANTS COM 237194105 14,127 240,952 SH   SOLE   240,952 0 0
DAVITA HEALTHCARE COM 23918K108 25,005 330,142 SH   SOLE   330,142 0 0
DEERE & CO. COM 244199105 56,343 636,855 SH   SOLE   636,855 0 0
DELPHI AUTOMOTIVE COM G27823106 40,324 554,512 SH   SOLE   554,512 0 0
DELTA AIR LINES INC COM 247361702 19,790 402,327 SH   SOLE   402,327 0 0
DELUXE CORPORATION COM 248019101 8,373 134,500 SH   SOLE   134,500 0 0
DENBURY RESOURCES COM 247916208 5,324 654,865 SH   SOLE   654,865 0 0
DENTSPLY INTL INC. COM 249030107 13,770 258,492 SH   SOLE   258,492 0 0
DEVON ENERGY CORP. COM 25179M103 55,367 904,547 SH   SOLE   904,547 0 0
DIAMOND OFFSHORE COM 25271C102 4,709 128,282 SH   SOLE   128,282 0 0
DICK'S SPORTING GDS COM 253393102 8,733 175,889 SH   SOLE   175,889 0 0
DIGITAL REALTY TRUST COM 253868103 16,414 247,566 SH   SOLE   247,566 0 0
DIRECTV COM 25490A309 77,053 888,729 SH   SOLE   888,729 0 0
DISCOVER FINANCIAL COM 254709108 73,314 1,119,472 SH   SOLE   1,119,472 0 0
DISCOVERY COMMU CL-A COM 25470F104 11,064 321,175 SH   SOLE   321,175 0 0
DISCOVERY COMMU CL-C COM 25470F302 19,448 576,754 SH   SOLE   576,754 0 0
DISH NETWORK CORP-A COM 25470M109 29,488 404,560 SH   SOLE   404,560 0 0
DOLBY LABORATO.-CL A COM 25659T107 14,668 340,170 SH   SOLE   340,170 0 0
DOLLAR GENERAL CORP COM 256677105 40,279 569,724 SH   SOLE   569,724 0 0
DOLLAR TREE INC COM 256746108 30,666 435,719 SH   SOLE   435,719 0 0
DOMINION RESOURCES COM 25746U109 90,757 1,180,198 SH   SOLE   1,180,198 0 0
DONALDSON COMPANY COM 257651109 29,043 751,822 SH   SOLE   751,822 0 0
DONNELLEY & SONS CO. COM 257867101 12,200 726,000 SH   SOLE   726,000 0 0
DOVER CORP COM 260003108 23,096 322,032 SH   SOLE   322,032 0 0
DOW CHEMICAL COM 260543103 101,465 2,224,626 SH   SOLE   2,224,626 0 0
DR PEPPER SNAPPLE COM 26138E109 29,693 414,249 SH   SOLE   414,249 0 0
DR. REDDY'S LAB(ADR) ADR 256135203 4,838 95,900 SH   SOLE   95,900 0 0
DTE ENERGY COMPANY COM 233331107 29,090 336,809 SH   SOLE   336,809 0 0
DU PONT (E.I.) COM 263534109 131,235 1,774,883 SH   SOLE   1,774,883 0 0
DUKE ENERGY CORP. COM 26441C204 134,932 1,615,181 SH   SOLE   1,615,181 0 0
DUKE REALTY CORP COM 264411505 12,544 620,966 SH   SOLE   620,966 0 0
DUN & BRADSTREET COM 26483E100 8,040 66,469 SH   SOLE   66,469 0 0
E TRADE FINANCIAL CO COM 269246401 4,960 204,500 SH   SOLE   204,500 0 0
EASTMAN CHEMICAL COM 277432100 21,918 288,925 SH   SOLE   288,925 0 0
EATON CORP PLC COM G29183103 92,386 1,359,412 SH   SOLE   1,359,412 0 0
EATON VANCE CORP COM 278265103 9,027 220,557 SH   SOLE   220,557 0 0
EBAY INC COM 278642103 159,822 2,847,855 SH   SOLE   2,847,855 0 0
ECOLAB INC COM 278865100 55,358 529,642 SH   SOLE   529,642 0 0
EDISON INTERNATIONAL COM 281020107 37,355 570,486 SH   SOLE   570,486 0 0
EDWARDS LIFESCIENCES COM 28176E108 24,849 195,074 SH   SOLE   195,074 0 0
ELECTRONIC ARTS COM 285512109 26,859 571,292 SH   SOLE   571,292 0 0
ELETROBRAS-ADR C ADR 15234Q207 241 112,600 SH   SOLE   112,600 0 0
ELETROBRAS-ADR P ADR 15234Q108 97 33,700 SH   SOLE   33,700 0 0
EMBRAER SA (ADR) ADR 29082A107 2,459 66,700 SH   SOLE   66,700 0 0
EMC CORP-MASS COM 268648102 123,250 4,144,266 SH   SOLE   4,144,266 0 0
EMERSON ELECTRIC COM 291011104 80,257 1,300,132 SH   SOLE   1,300,132 0 0
EMPRESA NAC ELEC(ADR ADR 29244T101 2,139 47,800 SH   SOLE   47,800 0 0
ENDO INTERNATIONAL P COM G30401106 18,990 263,314 SH   SOLE   263,314 0 0
ENERGEN CORP COM 29265N108 8,419 132,047 SH   SOLE   132,047 0 0
ENERGIZER HOLDINGS COM 29266R108 14,537 113,076 SH   SOLE   113,076 0 0
ENERSIS S.A. (ADR) ADR 29274F104 2,424 151,200 SH   SOLE   151,200 0 0
ENSCO PLC CL-A COM G3157S106 13,069 436,364 SH   SOLE   436,364 0 0
ENTERGY CORP NEW COM 29364G103 29,421 336,322 SH   SOLE   336,322 0 0
EOG RESOURCES INC. COM 26875P101 164,546 1,787,180 SH   SOLE   1,787,180 0 0
EQT CORPORATION COM 26884L109 20,978 277,123 SH   SOLE   277,123 0 0
EQUIFAX INC. COM 294429105 18,763 232,011 SH   SOLE   232,011 0 0
EQUINIX INC COM 29444U502 22,180 97,827 SH   SOLE   97,827 0 0
EQUITY RESIDENTIAL COM 29476L107 45,358 631,369 SH   SOLE   631,369 0 0
ESSEX PROPERTY TRUST COM 297178105 23,758 114,994 SH   SOLE   114,994 0 0
ESTEE LAUDER CO.CL-A COM 518439104 34,466 452,305 SH   SOLE   452,305 0 0
EVEREST RE GROUP LTD COM G3223R108 21,454 125,975 SH   SOLE   125,975 0 0
EXELON CORPORATION COM 30161N101 60,208 1,623,742 SH   SOLE   1,623,742 0 0
EXPEDIA INC. COM 30212P303 15,976 187,161 SH   SOLE   187,161 0 0
EXPEDITORS INTL WASH COM 302130109 22,453 503,320 SH   SOLE   503,320 0 0
EXPRESS SCRIPTS HOLD COM 30219G108 147,604 1,743,289 SH   SOLE   1,743,289 0 0
EXXON MOBIL CORP. COM 30231G102 798,413 8,636,157 SH   SOLE   8,636,157 0 0
F M C CORP COM 302491303 14,157 248,235 SH   SOLE   248,235 0 0
F5 NETWORKS INC. COM 315616102 17,522 134,304 SH   SOLE   134,304 0 0
FACEBOOK INC-A COM 30303M102 351,766 4,508,664 SH   SOLE   4,508,664 0 0
FAMILY DOLLAR STORES COM 307000109 17,208 217,249 SH   SOLE   217,249 0 0
FASTENAL COMPANY COM 311900104 57,193 1,202,535 SH   SOLE   1,202,535 0 0
FEDERAL REALTY INVT COM 313747206 18,828 141,076 SH   SOLE   141,076 0 0
FEDEX CORPORATION COM 31428X106 86,619 498,783 SH   SOLE   498,783 0 0
FIBRIA CEL SA (ADR) ADR 31573A109 615 50,711 SH   SOLE   50,711 0 0
FIDELITY NATIONAL IN COM 31620M106 34,620 556,599 SH   SOLE   556,599 0 0
FIFTH THIRD BANCORP COM 316773100 31,689 1,555,294 SH   SOLE   1,555,294 0 0
FINANCIAL ENGINES COM 317485100 7,635 208,900 SH   SOLE   208,900 0 0
FIREEYE INC COM 31816Q101 4,623 146,399 SH   SOLE   146,399 0 0
FIRST REPUBLIC BANK COM 33616C100 97,594 1,872,490 SH   SOLE   1,872,490 0 0
FIRSTENERGY CORP. COM 337932107 30,285 776,727 SH   SOLE   776,727 0 0
FISERV INC. COM 337738108 33,282 468,957 SH   SOLE   468,957 0 0
FLEETCOR TECHNOLOGIE COM 339041105 21,194 142,520 SH   SOLE   142,520 0 0
FLEXTRONICS INTL LTD COM Y2573F102 12,445 1,113,126 SH   SOLE   1,113,126 0 0
FLIR SYSTEMS INC. COM 302445101 22,048 682,397 SH   SOLE   682,397 0 0
FLOWSERVE CORP. COM 34354P105 15,199 254,034 SH   SOLE   254,034 0 0
FLUOR CORP COM 343412102 18,878 311,356 SH   SOLE   311,356 0 0
FMC TECHNOLOGIES INC COM 30249U101 20,584 439,464 SH   SOLE   439,464 0 0
FNF GROUP COM 31620R303 15,892 461,301 SH   SOLE   461,301 0 0
FOMENTO ECONO (ADR) ADR 344419106 6,787 77,100 SH   SOLE   77,100 0 0
FOOT LOCKER INC. COM 344849104 23,272 414,246 SH   SOLE   414,246 0 0
FORD MOTOR COMPANY COM 345370860 108,463 6,997,598 SH   SOLE   6,997,598 0 0
FOSSIL GROUP INC COM 34988V106 9,675 87,363 SH   SOLE   87,363 0 0
FRANKLIN RESOURCES COM 354613101 45,874 828,507 SH   SOLE   828,507 0 0
FREEPORT-MCMORAN INC COM 35671D857 45,525 1,948,845 SH   SOLE   1,948,845 0 0
FRONTIER COMM. CORP COM 35906A108 12,553 1,882,027 SH   SOLE   1,882,027 0 0
GAMESTOP CORP CL-A COM 36467W109 16,840 498,238 SH   SOLE   498,238 0 0
GANNETT COM 364730101 27,947 875,243 SH   SOLE   875,243 0 0
GAP INC COM 364760108 18,792 446,259 SH   SOLE   446,259 0 0
GARMIN LTD. COM H2906T109 11,155 211,157 SH   SOLE   211,157 0 0
GENERAL DYNAMICS COM 369550108 72,439 526,369 SH   SOLE   526,369 0 0
GENERAL ELECTRIC COM 369604103 487,866 19,306,129 SH   SOLE   19,306,129 0 0
GENERAL GROWTH PROPE COM 370023103 27,153 965,272 SH   SOLE   965,272 0 0
GENERAL MILLS COM 370334104 72,829 1,365,636 SH   SOLE   1,365,636 0 0
GENERAL MOTORS CO. COM 37045V100 91,966 2,634,365 SH   SOLE   2,634,365 0 0
GENOMIC HEALTH INC. COM 37244C101 6,446 201,620 SH   SOLE   201,620 0 0
GENUINE PARTS COM 372460105 30,852 289,502 SH   SOLE   289,502 0 0
GENWORTH FIN.-CL A COM 37247D106 7,832 921,432 SH   SOLE   921,432 0 0
GERDAU S.A. (ADR) ADR 373737105 681 191,700 SH   SOLE   191,700 0 0
GILEAD SCIENCES INC COM 375558103 282,274 2,994,636 SH   SOLE   2,994,636 0 0
GOLDMAN SACHS GROUP COM 38141G104 175,809 907,028 SH   SOLE   907,028 0 0
GOOGLE INC.-CL A COM 38259P508 348,852 657,392 SH   SOLE   657,392 0 0
GOOGLE INC-CL C COM 38259P706 390,948 742,682 SH   SOLE   742,682 0 0
GRAINGER (W.W.) INC COM 384802104 29,092 114,136 SH   SOLE   114,136 0 0
GRP AEROPORT DEL(ADR ADR 400506101 2,914 46,100 SH   SOLE   46,100 0 0
GRUPO TELEVISA (ADR) ADR 40049J206 3,580 105,100 SH   SOLE   105,100 0 0
HALLIBURTON CO. COM 406216101 79,497 2,021,271 SH   SOLE   2,021,271 0 0
HANESBRANDS INC COM 410345102 20,580 184,380 SH   SOLE   184,380 0 0
HARLEY DAVIDSON INC COM 412822108 100,817 1,529,623 SH   SOLE   1,529,623 0 0
HARRIS COM 413875105 13,913 193,715 SH   SOLE   193,715 0 0
HARTFORD FINL SVCS COM 416515104 35,564 853,051 SH   SOLE   853,051 0 0
HASBRO INC COM 418056107 17,403 316,473 SH   SOLE   316,473 0 0
HCA HOLDINGS INC. COM 40412C101 56,131 764,838 SH   SOLE   764,838 0 0
HCP INC COM 40414L109 44,439 1,009,286 SH   SOLE   1,009,286 0 0
HDFC BANK LTD. (ADR) ADR 40415F101 3,882 76,500 SH   SOLE   76,500 0 0
HEALTH CARE REIT INC COM 42217K106 48,492 640,836 SH   SOLE   640,836 0 0
HELMERICH & PAYNE COM 423452101 17,607 261,157 SH   SOLE   261,157 0 0
HENRY SCHEIN INC. COM 806407102 24,880 182,737 SH   SOLE   182,737 0 0
HERBALIFE LTD COM G4412G101 4,788 127,009 SH   SOLE   127,009 0 0
HERTZ GLOBAL HLDG COM 42805T105 20,640 827,572 SH   SOLE   827,572 0 0
HESS CORPORATION COM 42809H107 39,577 536,130 SH   SOLE   536,130 0 0
HEWLETT PACKARD CO. COM 428236103 157,314 3,920,116 SH   SOLE   3,920,116 0 0
HILTON WORLDWIDE HOL COM 43300A104 18,496 708,916 SH   SOLE   708,916 0 0
HOLLYFRONTIER CORP COM 436106108 13,473 359,466 SH   SOLE   359,466 0 0
HOLOGIC INC COM 436440101 23,862 892,377 SH   SOLE   892,377 0 0
HOME DEPOT COM 437076102 266,517 2,538,982 SH   SOLE   2,538,982 0 0
HONEYWELL INTL INC. COM 438516106 147,961 1,480,791 SH   SOLE   1,480,791 0 0
HORMEL FOODS CORP. COM 440452100 15,482 297,160 SH   SOLE   297,160 0 0
HOSPIRA INC COM 441060100 18,998 310,179 SH   SOLE   310,179 0 0
HOST HOTEL&RES(REIT) COM 44107P104 33,814 1,422,543 SH   SOLE   1,422,543 0 0
HOWARD HUGHES CORP COM 44267D107 6,464 49,560 SH   SOLE   49,560 0 0
HUDSON CITY BANCORP COM 443683107 8,750 864,576 SH   SOLE   864,576 0 0
HUMANA COM 444859102 40,967 285,229 SH   SOLE   285,229 0 0
HUNTINGTON BANCSHARE COM 446150104 15,664 1,488,993 SH   SOLE   1,488,993 0 0
HUNTSMAN CORPORATION COM 447011107 7,706 338,300 SH   SOLE   338,300 0 0
ICICI BANK LTD.(ADR) ADR 45104G104 16,825 1,456,750 SH   SOLE   1,456,750 0 0
IHS INC -CLASS A COM 451734107 14,401 126,457 SH   SOLE   126,457 0 0
ILLINOIS TOOL WORKS COM 452308109 66,234 699,406 SH   SOLE   699,406 0 0
ILLUMINA INC. COM 452327109 115,341 624,883 SH   SOLE   624,883 0 0
INCYTE CORP. COM 45337C102 20,014 273,756 SH   SOLE   273,756 0 0
INFOSYS LTD. (ADR) ADR 456788108 11,511 365,900 SH   SOLE   365,900 0 0
INGERSOLL-RAND PLC COM G47791101 31,562 497,909 SH   SOLE   497,909 0 0
INGRAM MICRO INC 'A' COM 457153104 25,268 914,200 SH   SOLE   914,200 0 0
INTEGRYS ENERGY GRP COM 45822P105 11,267 144,730 SH   SOLE   144,730 0 0
INTEL CORPORATION COM 458140100 343,108 9,454,602 SH   SOLE   9,454,602 0 0
INTERCONTINENTAL EXC COM 45866F104 62,540 285,191 SH   SOLE   285,191 0 0
INTERPUBLIC GROUP CO COM 460690100 16,337 786,560 SH   SOLE   786,560 0 0
INTL BUS MACHINES CO COM 459200101 296,442 1,847,683 SH   SOLE   1,847,683 0 0
INTL FLAVORS&FRAGRAN COM 459506101 20,272 199,998 SH   SOLE   199,998 0 0
INTL PAPER COM 460146103 40,334 752,778 SH   SOLE   752,778 0 0
INTUIT INC. COM 461202103 48,521 526,313 SH   SOLE   526,313 0 0
INTUITIVE SURGICAL COM 46120E602 74,938 141,675 SH   SOLE   141,675 0 0
INVESCO LTD COM G491BT108 49,000 1,239,886 SH   SOLE   1,239,886 0 0
iPath S&P 500 VIX Mid-Term Futures ETF 06740C519 261 19,904 SH   SOLE   19,904 0 0
IRON MOUNTAIN INC COM 462846106 11,899 307,789 SH   SOLE   307,789 0 0
ISHARES 1-3 YEAR CRE ETF 464288646 445 4,227 SH   SOLE   4,227 0 0
ISHARES 1-3Y TR BD ETF 464287457 468 5,540 SH   SOLE   5,540 0 0
ISHARES IBOXX $ INV ETF 464287242 98,394 824,000 SH   SOLE   824,000 0 0
ISHARES LATIN AMERIC ETF 464287390 5,026 158,000 SH   SOLE   158,000 0 0
ISHARES MSCI QATAR C ETF 46434V779 3,801 158,828 SH   SOLE   158,828 0 0
ISHARES MSCI UAE CAP ETF 46434V761 3,449 179,092 SH   SOLE   179,092 0 0
ISHARES TIPS BOND ET ETF 464287176 504 4,500 SH   SOLE   4,500 0 0
ISHARES US REAL ESTA ETF 464287739 1,383 18,000 SH   SOLE   18,000 0 0
ITAU UNIBANCO HLD(AD ADR 465562106 8,253 634,357 SH   SOLE   634,357 0 0
JACOBS ENGINEERING COM 469814107 11,138 249,225 SH   SOLE   249,225 0 0
JARDEN CORP COM 471109108 29,495 616,026 SH   SOLE   616,026 0 0
JAZZ PHARMACEUTICALS COM G50871105 17,967 109,738 SH   SOLE   109,738 0 0
JB HUNT TRANSPORT SV COM 445658107 15,207 180,493 SH   SOLE   180,493 0 0
JM SMUCKER CO COM 832696405 19,637 194,464 SH   SOLE   194,464 0 0
JOHNSON & JOHNSON COM 478160104 604,996 5,785,559 SH   SOLE   5,785,559 0 0
JOHNSON CONTROLS COM 478366107 68,689 1,420,954 SH   SOLE   1,420,954 0 0
JOY GLOBAL INC. COM 481165108 9,064 194,848 SH   SOLE   194,848 0 0
JPMORGAN CHASE & CO COM 46625H100 464,067 7,415,587 SH   SOLE   7,415,587 0 0
JUNIPER NETWORKS INC COM 48203R104 16,928 758,419 SH   SOLE   758,419 0 0
KANSAS CITY SOUTHERN COM 485170302 24,578 201,408 SH   SOLE   201,408 0 0
KELLOGG COM 487836108 36,276 554,338 SH   SOLE   554,338 0 0
KEURIG GREEN MOUNTAI COM 49271M100 29,668 224,087 SH   SOLE   224,087 0 0
KEYCORP COM 493267108 27,137 1,952,284 SH   SOLE   1,952,284 0 0
KEYSIGHT TECHNOLOGIE COM 49338L103 2,575 76,248 SH   SOLE   76,248 0 0
KIMBERLY-CLARK CORP COM 494368103 90,068 779,542 SH   SOLE   779,542 0 0
KIMCO REALTY CORP. COM 49446R109 18,953 753,917 SH   SOLE   753,917 0 0
KINDER MORGAN INC COM 49456B101 140,050 3,310,081 SH   SOLE   3,310,081 0 0
KLA-TENCOR CORP. COM 482480100 22,542 320,562 SH   SOLE   320,562 0 0
KLX INC COM 482539103 3,530 85,578 SH   SOLE   85,578 0 0
KNOWLES CORP COM 49926D109 5,181 220,000 SH   SOLE   220,000 0 0
KOHL'S CORPORATION COM 500255104 24,511 401,551 SH   SOLE   401,551 0 0
KRAFT FOODS GROUP COM 50076Q106 77,920 1,243,542 SH   SOLE   1,243,542 0 0
KROGER CO. COM 501044101 62,718 976,766 SH   SOLE   976,766 0 0
L BRANDS INC COM 501797104 39,059 451,287 SH   SOLE   451,287 0 0
L-3 COMM. HLDGS INC. COM 502424104 20,086 159,144 SH   SOLE   159,144 0 0
LABORATORY CORP AMER COM 50540R409 20,602 190,934 SH   SOLE   190,934 0 0
LAM RESEARCH CORP. COM 512807108 23,733 299,126 SH   SOLE   299,126 0 0
LAS VEGAS SANDS CORP COM 517834107 48,007 825,428 SH   SOLE   825,428 0 0
LATAM AIRLINES (ADR) ADR 51817R106 1,413 117,970 SH   SOLE   117,970 0 0
LEGG MASON INC. COM 524901105 10,367 194,249 SH   SOLE   194,249 0 0
LEGGETT & PLATT INC. COM 524660107 10,778 252,937 SH   SOLE   252,937 0 0
LENNAR CORP CL-A COM 526057104 20,185 450,447 SH   SOLE   450,447 0 0
LEUCADIA NATIONAL CO COM 527288104 19,647 876,331 SH   SOLE   876,331 0 0
LEVEL 3 COMM. INC. COM 52729N308 25,604 518,500 SH   SOLE   518,500 0 0
LIBERTY GLOBAL PLC-A COM G5480U104 22,709 452,319 SH   SOLE   452,319 0 0
LIBERTY GLOBAL PLC-C COM G5480U120 55,996 1,159,090 SH   SOLE   1,159,090 0 0
LIBERTY INTER CORP-A COM 53071M104 30,048 1,021,358 SH   SOLE   1,021,358 0 0
LIBERTY MEDIA CORP-A COM 531229102 6,301 178,655 SH   SOLE   178,655 0 0
LIBERTY MEDIA CORP-C COM 531229300 13,450 383,951 SH   SOLE   383,951 0 0
LIBERTY PROPERTY COM 531172104 10,256 272,538 SH   SOLE   272,538 0 0
LILLY (ELI) COM 532457108 141,597 2,052,434 SH   SOLE   2,052,434 0 0
LINCOLN ELECTRIC HLD COM 533900106 30,590 442,760 SH   SOLE   442,760 0 0
LINCOLN NATIONAL CO COM 534187109 29,710 515,179 SH   SOLE   515,179 0 0
LINEAR TECHNOLOGY COM 535678106 34,233 750,713 SH   SOLE   750,713 0 0
LINKEDIN CORP - A COM 53578A108 69,493 302,523 SH   SOLE   302,523 0 0
LKQ CORPORATION COM 501889208 15,782 561,234 SH   SOLE   561,234 0 0
LOCKHEED MARTIN CORP COM 539830109 104,324 541,747 SH   SOLE   541,747 0 0
LOEWS CORP COM 540424108 27,157 646,285 SH   SOLE   646,285 0 0
LORILLARD INC COM 544147101 41,806 664,218 SH   SOLE   664,218 0 0
LOWE'S COMPANIES COM 548661107 135,527 1,969,867 SH   SOLE   1,969,867 0 0
LULULEMON ATHLETICA COM 550021109 11,151 199,871 SH   SOLE   199,871 0 0
LYONDELLBASELL CL-A COM N53745100 70,298 885,480 SH   SOLE   885,480 0 0
M & T CORPORATION COM 55261F104 103,764 826,016 SH   SOLE   826,016 0 0
MACERICH COMPANY COM 554382101 21,698 260,131 SH   SOLE   260,131 0 0
MACY'S INC. COM 55616P104 44,996 684,346 SH   SOLE   684,346 0 0
MALLINCKRODT PLC COM G5785G107 29,962 302,556 SH   SOLE   302,556 0 0
MANPOWERGROUP COM 56418H100 27,781 407,518 SH   SOLE   407,518 0 0
MARATHON OIL CORP COM 565849106 35,740 1,263,352 SH   SOLE   1,263,352 0 0
MARATHON PETROLEUM COM 56585A102 48,227 534,309 SH   SOLE   534,309 0 0
MARKEL CORP. COM 570535104 86,507 126,687 SH   SOLE   126,687 0 0
MARKETAXESS HOLDINGS COM 57060D108 21,849 304,690 SH   SOLE   304,690 0 0
MARRIOTT INTL INC'A' COM 571903202 33,732 432,291 SH   SOLE   432,291 0 0
MARSH & MCLENNAN COS COM 571748102 60,102 1,050,006 SH   SOLE   1,050,006 0 0
MARTIN MARIETTA MATE COM 573284106 57,687 522,908 SH   SOLE   522,908 0 0
MARVELL TECHNOLOGY COM G5876H105 12,374 853,390 SH   SOLE   853,390 0 0
MASCO CORP. COM 574599106 16,232 644,136 SH   SOLE   644,136 0 0
MASTERCARD INC-CL A COM 57636Q104 179,573 2,084,181 SH   SOLE   2,084,181 0 0
MATTEL INC COM 577081102 20,469 661,459 SH   SOLE   661,459 0 0
MAXIM INTEGRATED PRD COM 57772K101 16,841 528,440 SH   SOLE   528,440 0 0
MCCORMICK & CO INC. COM 579780206 18,291 246,181 SH   SOLE   246,181 0 0
MCDONALD'S COM 580135101 189,361 2,020,933 SH   SOLE   2,020,933 0 0
MCGRAW HILL FINCIAL COM 580645109 48,430 544,279 SH   SOLE   544,279 0 0
MCKESSON CORPORATION COM 58155Q103 97,631 470,329 SH   SOLE   470,329 0 0
MDU RESOURCES GROUP COM 552690109 8,053 342,676 SH   SOLE   342,676 0 0
MEAD JOHNSON NUTRITI COM 582839106 37,089 368,900 SH   SOLE   368,900 0 0
MEADWESTVACO CORP COM 583334107 13,752 309,801 SH   SOLE   309,801 0 0
MEDIVATION INC COM 58501N101 13,831 138,856 SH   SOLE   138,856 0 0
MEDTRONIC INC COM 585055106 152,698 2,114,924 SH   SOLE   2,114,924 0 0
MENTOR GRAPHICS COM 587200106 3,288 150,000 SH   SOLE   150,000 0 0
MERCK & CO. INC COM 58933Y105 347,028 6,110,727 SH   SOLE   6,110,727 0 0
METLIFE INC. COM 59156R108 113,508 2,098,506 SH   SOLE   2,098,506 0 0
METTLER-TOLEDO INTL COM 592688105 36,968 122,223 SH   SOLE   122,223 0 0
MGM RESORTS INTL COM 552953101 15,593 729,325 SH   SOLE   729,325 0 0
MICHAEL KORS COM G60754101 28,221 375,774 SH   SOLE   375,774 0 0
MICROCHIP TECHNOLOGY COM 595017104 33,034 732,306 SH   SOLE   732,306 0 0
MICRON TECHNOLOGY COM 595112103 81,755 2,335,195 SH   SOLE   2,335,195 0 0
MICROSOFT CORP COM 594918104 758,915 16,338,314 SH   SOLE   16,338,314 0 0
MINAS BUENAVENT.(ADR ADR 204448104 2,287 239,200 SH   SOLE   239,200 0 0
MINDRAY MEDICAL(ADR) ADR 602675100 10,448 395,760 SH   SOLE   395,760 0 0
MOBILE TELESYS.(ADR) ADR 607409109 1,325 184,500 SH   SOLE   184,500 0 0
MOHAWK INDUSTRIES COM 608190104 18,812 121,089 SH   SOLE   121,089 0 0
MOLSON COORS BR CL-B COM 60871R209 20,781 278,868 SH   SOLE   278,868 0 0
MONDELEZ INTERNATION COM 609207105 132,425 3,645,564 SH   SOLE   3,645,564 0 0
MONSANTO COMPANY COM 61166W101 144,390 1,208,585 SH   SOLE   1,208,585 0 0
MONSTER BEVERAG CORP COM 611740101 28,280 261,003 SH   SOLE   261,003 0 0
MOODY'S CORPORATION COM 615369105 80,145 836,499 SH   SOLE   836,499 0 0
MORGAN STANLEY COM 617446448 105,210 2,711,610 SH   SOLE   2,711,610 0 0
MOTOROLA SOLUTIONS COM 620076307 30,252 450,982 SH   SOLE   450,982 0 0
MURPHY OIL CORP. COM 626717102 15,983 316,370 SH   SOLE   316,370 0 0
MYLAN INC COM 628530107 49,623 880,316 SH   SOLE   880,316 0 0
MYRIAD GENETICS INC. COM 62855J104 13,858 406,870 SH   SOLE   406,870 0 0
NABORS INDUSTRIES COM G6359F103 6,632 510,966 SH   SOLE   510,966 0 0
NASDAQ OMX GROUP COM 631103108 10,513 219,208 SH   SOLE   219,208 0 0
NATIONAL-OILWELL V COM 637071101 53,596 817,879 SH   SOLE   817,879 0 0
NAVIENT CORP COM 63938C108 16,751 775,134 SH   SOLE   775,134 0 0
NETAPP INC COM 64110D104 25,718 620,452 SH   SOLE   620,452 0 0
NETFLIX.COM INC. COM 64110L106 35,538 104,032 SH   SOLE   104,032 0 0
NETSUITE INC. COM 64118Q107 6,786 62,161 SH   SOLE   62,161 0 0
NEW ORIENTAL ED(ADR) ADR 647581107 8,090 396,360 SH   SOLE   396,360 0 0
NEW YORK COMMUN.BANC COM 649445103 12,943 808,918 SH   SOLE   808,918 0 0
NEWELL RUBBERMAID COM 651229106 26,515 696,111 SH   SOLE   696,111 0 0
NEWFIELD EXPLORATION COM 651290108 208 7,672 SH   SOLE   7,672 0 0
NEWMONT MINING CO HL COM 651639106 28,495 1,507,678 SH   SOLE   1,507,678 0 0
NEWS CORP-CLASS A COM 65249B109 11,201 713,920 SH   SOLE   713,920 0 0
NEXTERA ENERGY INC. COM 65339F101 94,058 884,916 SH   SOLE   884,916 0 0
NIELSEN NV COM N63218106 49,109 1,097,902 SH   SOLE   1,097,902 0 0
NIKE INC CL'B' COM 654106103 121,324 1,261,816 SH   SOLE   1,261,816 0 0
NISOURCE INC. COM 65473P105 25,046 590,433 SH   SOLE   590,433 0 0
NOBLE CORP PLC COM G65431101 8,727 526,673 SH   SOLE   526,673 0 0
NOBLE ENERGY INC COM 655044105 31,625 666,781 SH   SOLE   666,781 0 0
NORDSTROM INC. COM 655664100 20,532 258,623 SH   SOLE   258,623 0 0
NORFOLK SOUTHERN COM 655844108 74,061 675,679 SH   SOLE   675,679 0 0
NORTHEAST UTILITIES COM 664397106 31,573 589,936 SH   SOLE   589,936 0 0
NORTHERN TRUST COM 665859104 28,091 416,781 SH   SOLE   416,781 0 0
NORTHROP GRUMMAN COM 666807102 53,716 364,445 SH   SOLE   364,445 0 0
NORWEGIAN CRUISE LIN COM G66721104 7,666 163,942 SH   SOLE   163,942 0 0
NOW INC COM 67011P100 29,107 1,131,243 SH   SOLE   1,131,243 0 0
NRG ENERGY INC COM 629377508 20,148 747,607 SH   SOLE   747,607 0 0
NUANCE COMMUNICATION COM 67020Y100 6,688 468,657 SH   SOLE   468,657 0 0
NUCOR CORP COM 670346105 29,318 597,721 SH   SOLE   597,721 0 0
NVIDIA CORP. COM 67066G104 25,598 1,276,723 SH   SOLE   1,276,723 0 0
NXP SEMICONDUCTOR NV COM N6596X109 18,059 236,371 SH   SOLE   236,371 0 0
OCCIDENTAL PETROLEUM COM 674599105 121,778 1,510,701 SH   SOLE   1,510,701 0 0
OCEANEERING INTL INC COM 675232102 11,729 199,434 SH   SOLE   199,434 0 0
OGE ENERGY CORP COM 670837103 13,188 371,691 SH   SOLE   371,691 0 0
OLD REPUBLIC INTL. COM 680223104 167 11,395 SH   SOLE   11,395 0 0
OMNICARE INC. COM 681904108 19,955 273,613 SH   SOLE   273,613 0 0
OMNICOM GROUP COM 681919106 36,339 469,067 SH   SOLE   469,067 0 0
ONEOK INC. COM 682680103 19,161 384,831 SH   SOLE   384,831 0 0
ORACLE CORPORATION COM 68389X105 382,174 8,498,415 SH   SOLE   8,498,415 0 0
O'REILLY AUTOMOTIVE COM 67103H107 37,937 196,953 SH   SOLE   196,953 0 0
OWENS-ILLINOIS INC. COM 690768403 8,213 304,314 SH   SOLE   304,314 0 0
PACCAR INC COM 693718108 74,950 1,102,050 SH   SOLE   1,102,050 0 0
PACKAGING CORP AMERI COM 695156109 4,020 51,500 SH   SOLE   51,500 0 0
PALL CORP COM 696429307 20,253 200,112 SH   SOLE   200,112 0 0
PALO ALTO NETWORKS COM 697435105 14,848 121,139 SH   SOLE   121,139 0 0
PARKER HANNIFIN COM 701094104 40,503 314,097 SH   SOLE   314,097 0 0
PARTNERRE LIMITED COM G6852T105 10,887 95,393 SH   SOLE   95,393 0 0
PATTERSON COS INC COM 703395103 8,517 177,075 SH   SOLE   177,075 0 0
PAYCHEX INC COM 704326107 37,375 809,500 SH   SOLE   809,500 0 0
PEABODY ENERGY CO. COM 704549104 78 10,087 SH   SOLE   10,087 0 0
PENTAIR PLC COM G7S00T104 23,553 354,604 SH   SOLE   354,604 0 0
PEOPLE'S UNITED FIN. COM 712704105 10,948 721,198 SH   SOLE   721,198 0 0
PEPCO HOLDINGS INC. COM 713291102 12,651 469,768 SH   SOLE   469,768 0 0
PEPSICO INC. COM 713448108 313,669 3,317,144 SH   SOLE   3,317,144 0 0
PERRIGO CO PLC COM G97822103 42,700 255,443 SH   SOLE   255,443 0 0
PETSMART INC. COM 716768106 15,163 186,515 SH   SOLE   186,515 0 0
PFIZER INC. COM 717081103 414,433 13,304,418 SH   SOLE   13,304,418 0 0
PG AND E CORPORATION COM 69331C108 49,914 937,535 SH   SOLE   937,535 0 0
PHARMACYCLICS INC. COM 716933106 14,134 115,606 SH   SOLE   115,606 0 0
PHILIP MORRIS INTL COM 718172109 279,568 3,432,389 SH   SOLE   3,432,389 0 0
PHILIPPINE LONG(ADR) ADR 718252604 1,297 20,500 SH   SOLE   20,500 0 0
PHILLIPS 66 COM 718546104 81,891 1,142,138 SH   SOLE   1,142,138 0 0
PINNACLE WEST CAPITA COM 723484101 14,347 210,032 SH   SOLE   210,032 0 0
PIONEER NATURAL RES COM 723787107 38,859 261,060 SH   SOLE   261,060 0 0
PLUM CREEK TIMBER CO COM 729251108 13,662 319,278 SH   SOLE   319,278 0 0
PNC FIN. SERVICES COM 693475105 99,372 1,089,248 SH   SOLE   1,089,248 0 0
POLARIS INDUSTRIES COM 731068102 17,596 116,345 SH   SOLE   116,345 0 0
PPG INDUSTRIES COM 693506107 65,799 284,661 SH   SOLE   284,661 0 0
PPL CORPORATION COM 69351T106 48,012 1,321,551 SH   SOLE   1,321,551 0 0
PRAXAIR INC. COM 74005P104 108,135 834,631 SH   SOLE   834,631 0 0
PRECISION CASTPARTS COM 740189105 63,966 265,552 SH   SOLE   265,552 0 0
PRICELINE GROUP INC COM 741503403 124,468 109,162 SH   SOLE   109,162 0 0
PRINCIPAL FINANCIAL COM 74251V102 28,256 544,020 SH   SOLE   544,020 0 0
PROCTER & GAMBLE COM 742718109 487,278 5,349,409 SH   SOLE   5,349,409 0 0
PROGRESSIVE CORP COM 743315103 41,416 1,534,484 SH   SOLE   1,534,484 0 0
PROLOGIS INC COM 74340W103 40,460 940,276 SH   SOLE   940,276 0 0
PRUDENTIAL FINANCIAL COM 744320102 95,991 1,061,142 SH   SOLE   1,061,142 0 0
PUBLIC SERVICE ENTER COM 744573106 40,519 978,488 SH   SOLE   978,488 0 0
PUBLIC STORAGE COM 74460D109 52,861 285,967 SH   SOLE   285,967 0 0
PULTE GROUP INC. COM 745867101 13,512 629,625 SH   SOLE   629,625 0 0
PVH CORP COM 693656100 34,340 267,925 SH   SOLE   267,925 0 0
QEP RESOURCES INC. COM 74733V100 6,513 322,114 SH   SOLE   322,114 0 0
QIAGEN N.V. COM N72482107 6,620 282,170 SH   SOLE   282,170 0 0
QUALCOMM INC COM 747525103 263,350 3,542,978 SH   SOLE   3,542,978 0 0
QUANTA SERVICES INC COM 74762E102 11,009 387,773 SH   SOLE   387,773 0 0
QUEST DIAGNOSTICS COM 74834L100 17,953 267,722 SH   SOLE   267,722 0 0
QUIMICA Y MINERA(ADR ADR 833635105 1,010 42,300 SH   SOLE   42,300 0 0
QUINTILES TRANS HOLD COM 74876Y101 11,624 197,457 SH   SOLE   197,457 0 0
RACKSPACE HOSTING COM 750086100 10,222 218,380 SH   SOLE   218,380 0 0
RALPH LAUREN CORP-A COM 751212101 20,918 112,970 SH   SOLE   112,970 0 0
RANGE RESOURCES CORP COM 75281A109 16,810 314,491 SH   SOLE   314,491 0 0
RAYMOND JAMES FIN. COM 754730109 20,910 364,982 SH   SOLE   364,982 0 0
RAYONIER INC COM 754907103 6,545 234,253 SH   SOLE   234,253 0 0
RAYTHEON COMPANY COM 755111507 64,047 592,100 SH   SOLE   592,100 0 0
REALOGY HLDGS CORP COM 75605Y106 12,046 270,758 SH   SOLE   270,758 0 0
REALTY INCOME CORP COM 756109104 26,527 555,995 SH   SOLE   555,995 0 0
RED HAT INC COM 756577102 24,144 349,204 SH   SOLE   349,204 0 0
REGENCY CENTERS CORP COM 758849103 10,642 166,860 SH   SOLE   166,860 0 0
REGENERON PHARMACEUT COM 75886F107 59,509 145,056 SH   SOLE   145,056 0 0
REGIONS FINANCIAL COM 7591EP100 41,767 3,955,236 SH   SOLE   3,955,236 0 0
RENAISSANCERE HLDGS COM G7496G103 17,828 183,380 SH   SOLE   183,380 0 0
REPUBLIC SERVICES COM 760759100 25,093 623,435 SH   SOLE   623,435 0 0
RESMED INC COM 761152107 14,538 259,321 SH   SOLE   259,321 0 0
REYNOLDS AMERICAN COM 761713106 53,869 838,164 SH   SOLE   838,164 0 0
RITCHIE BROS. AUCTIO COM 767744105 8,695 323,370 SH   SOLE   323,370 0 0
ROBERT HALF INTL INC COM 770323103 14,458 247,654 SH   SOLE   247,654 0 0
ROCK-TENN CO. CL-A COM 772739207 30,526 500,587 SH   SOLE   500,587 0 0
ROCKWELL AUTOMATION COM 773903109 29,273 263,248 SH   SOLE   263,248 0 0
ROCKWELL COLLINS COM 774341101 19,668 232,818 SH   SOLE   232,818 0 0
ROPER INDUSTRIES INC COM 776696106 28,748 183,872 SH   SOLE   183,872 0 0
ROSS STORES INC. COM 778296103 37,269 395,389 SH   SOLE   395,389 0 0
ROYAL CARIB CRUISES COM V7780T103 81,887 993,410 SH   SOLE   993,410 0 0
RYANAIR HLDGS (ADR) ADR 783513104 40,184 563,830 SH   SOLE   563,830 0 0
SAFEWAY INC COM 786514208 14,614 416,118 SH   SOLE   416,118 0 0
SALESFORCE.COM INC. COM 79466L302 85,652 1,444,146 SH   SOLE   1,444,146 0 0
SALIX PHARMACEUTICAL COM 795435106 13,233 115,132 SH   SOLE   115,132 0 0
SANDISK CORPORATION COM 80004C101 47,650 486,322 SH   SOLE   486,322 0 0
SBA COMMUNICATIONS COM 78388J106 36,879 332,962 SH   SOLE   332,962 0 0
SCANA CORP COM 80589M102 15,564 257,680 SH   SOLE   257,680 0 0
SCHLUMBERGER LIMITED COM 806857108 241,501 2,827,551 SH   SOLE   2,827,551 0 0
SCHWAB (CHAS) CORP COM 808513105 65,126 2,157,191 SH   SOLE   2,157,191 0 0
SCRIPPS NETWORKS 'A' COM 811065101 10,975 145,804 SH   SOLE   145,804 0 0
SEAGATE TECHNOLOGY COM G7945M107 41,496 624,002 SH   SOLE   624,002 0 0
SEALED AIR CORP. COM 81211K100 15,960 376,139 SH   SOLE   376,139 0 0
SEATTLE GENETICS INC COM 812578102 26,013 809,610 SH   SOLE   809,610 0 0
SEI INVESTMENTS CO COM 784117103 10,501 262,272 SH   SOLE   262,272 0 0
SEMPRA ENERGY COM 816851109 53,554 480,909 SH   SOLE   480,909 0 0
SENSATA TECH HLDG NV COM N7902X106 15,417 294,160 SH   SOLE   294,160 0 0
SERVICENOW INC. COM 81762P102 15,998 235,786 SH   SOLE   235,786 0 0
SHERWIN WILLIAMS COM 824348106 76,586 291,156 SH   SOLE   291,156 0 0
SIGMA ALDRICH CORP COM 826552101 30,010 218,619 SH   SOLE   218,619 0 0
SIGNATURE BANK COM 82669G104 4,535 36,000 SH   SOLE   36,000 0 0
SIGNET JEWELERS LTD COM G81276100 17,982 136,669 SH   SOLE   136,669 0 0
SILICONWARE PREC(ADR ADR 827084864 3,278 434,147 SH   SOLE   434,147 0 0
SIMON PROPERTY(REIT) COM 828806109 115,118 632,135 SH   SOLE   632,135 0 0
SIRIUS XM HOLDINGS COM 82968B103 16,092 4,597,639 SH   SOLE   4,597,639 0 0
SK TELECOM (ADR) ADR 78440P108 516 19,100 SH   SOLE   19,100 0 0
SKYWORKS SOLUTIONS COM 83088M102 26,721 367,503 SH   SOLE   367,503 0 0
SL GREEN REALTY CORP COM 78440X101 21,111 177,374 SH   SOLE   177,374 0 0
SLM CORPORATION COM 78442P106 228 22,330 SH   SOLE   22,330 0 0
SMITH (A.O.) CORP. COM 831865209 4,090 72,500 SH   SOLE   72,500 0 0
SNAP-ON INC. COM 833034101 14,287 104,486 SH   SOLE   104,486 0 0
SOUTHERN CO. COM 842587107 98,554 2,006,795 SH   SOLE   2,006,795 0 0
SOUTHERN COPPER CORP COM 84265V105 5,908 209,514 SH   SOLE   209,514 0 0
SOUTHWEST AIRLINES COM 844741108 13,342 315,259 SH   SOLE   315,259 0 0
SOUTHWESTERN ENERGY COM 845467109 20,758 760,659 SH   SOLE   760,659 0 0
SPDR DJIA TRUST ETF 78467X109 15,159 88,300 SH   SOLE   88,300 0 0
SPDR GOLD TRUST ETF 78463V107 1,136 10,000 SH   SOLE   10,000 0 0
SPECTRA ENERGY CORP COM 847560109 45,775 1,261,026 SH   SOLE   1,261,026 0 0
SPLUNK INC. COM 848637104 14,608 247,800 SH   SOLE   247,800 0 0
SPRINT CORP COM 85207U105 5,991 1,443,553 SH   SOLE   1,443,553 0 0
SPX CORP COM 784635104 5,829 67,838 SH   SOLE   67,838 0 0
ST.JUDE MEDICAL COM 790849103 33,851 520,541 SH   SOLE   520,541 0 0
STANLEY BLACK & DECK COM 854502101 41,354 430,417 SH   SOLE   430,417 0 0
STAPLES INC. COM 855030102 21,949 1,211,318 SH   SOLE   1,211,318 0 0
STARBUCKS CORP COM 855244109 115,483 1,407,471 SH   SOLE   1,407,471 0 0
STARWOOD H & R WORLD COM 85590A401 28,322 349,358 SH   SOLE   349,358 0 0
STATE STREET CORP COM 857477103 61,593 784,620 SH   SOLE   784,620 0 0
STEEL DYNAMICS INC. COM 858119100 7,791 394,700 SH   SOLE   394,700 0 0
STERICYCLE INC. COM 858912108 32,862 250,700 SH   SOLE   250,700 0 0
STRATASYS LTD. COM M85548101 14,786 177,910 SH   SOLE   177,910 0 0
STRYKER CORP COM 863667101 63,287 670,911 SH   SOLE   670,911 0 0
SUNTRUST BANKS INC COM 867914103 41,286 985,345 SH   SOLE   985,345 0 0
SUPERIOR ENERGY SRV. COM 868157108 5,617 278,742 SH   SOLE   278,742 0 0
SVB FINANCIAL GROUP COM 78486Q101 4,521 38,950 SH   SOLE   38,950 0 0
SYMANTEC CORPORATION COM 871503108 32,421 1,263,721 SH   SOLE   1,263,721 0 0
SYNCHRONY FINANCIAL COM 87165B103 9,428 316,916 SH   SOLE   316,916 0 0
SYNOPSYS INC. COM 871607107 17,001 391,105 SH   SOLE   391,105 0 0
SYSCO CORPORATION COM 871829107 43,583 1,098,077 SH   SOLE   1,098,077 0 0
T ROWE PRICE GROUP COM 74144T108 41,681 485,448 SH   SOLE   485,448 0 0
TAIWAN SEMICOND.(ADR ADR 874039100 45,251 2,021,920 SH   SOLE   2,021,920 0 0
TAL EDUCATION GR(ADR ADR 874080104 1,053 37,500 SH   SOLE   37,500 0 0
TARGET CORP. COM 87612E106 96,547 1,271,863 SH   SOLE   1,271,863 0 0
TATA MOTORS (ADR) ADR 876568502 2,571 60,800 SH   SOLE   60,800 0 0
TD AMERITRADE HLDG COM 87236Y108 100,726 2,815,155 SH   SOLE   2,815,155 0 0
TE CONNECTIVITY LTD COM H84989104 63,213 999,413 SH   SOLE   999,413 0 0
TELEFONICA BRA(ADR) ADR 87936R106 1,277 72,230 SH   SOLE   72,230 0 0
TERADATA CORPORATION COM 88076W103 21,281 487,207 SH   SOLE   487,207 0 0
TERADYNE INC COM 880770102 13,030 658,420 SH   SOLE   658,420 0 0
TESLA MOTORS INC. COM 88160R101 75,935 341,417 SH   SOLE   341,417 0 0
TESORO CORPORATION COM 881609101 17,473 235,009 SH   SOLE   235,009 0 0
TEVA PHARMACEUT(ADR) ADR 881624209 10,211 177,550 SH   SOLE   177,550 0 0
TEXAS INSTRUMENTS COM 882508104 105,112 1,966,003 SH   SOLE   1,966,003 0 0
TEXTRON COM 883203101 22,273 528,914 SH   SOLE   528,914 0 0
THE ADT CORPORATION COM 00101J106 11,781 325,166 SH   SOLE   325,166 0 0
THE HERSHEY COMPANY COM 427866108 37,245 358,369 SH   SOLE   358,369 0 0
THE MOSAIC COMPANY COM 61945C103 33,262 728,633 SH   SOLE   728,633 0 0
THERMO FISHER SCIENT COM 883556102 113,958 909,553 SH   SOLE   909,553 0 0
TIFFANY & CO. COM 886547108 58,301 545,584 SH   SOLE   545,584 0 0
TIM PARTICIPACOES ADR 88706P205 869 39,141 SH   SOLE   39,141 0 0
TIME INC COM 887228104 301 12,211 SH   SOLE   12,211 0 0
TIME WARNER CABLE COM 88732J207 78,585 516,804 SH   SOLE   516,804 0 0
TIME WARNER INC COM 887317303 151,367 1,772,033 SH   SOLE   1,772,033 0 0
TIMKEN CO COM 887389104 2,134 50,000 SH   SOLE   50,000 0 0
TJX COMPANIES COM 872540109 127,297 1,856,185 SH   SOLE   1,856,185 0 0
T-MOBILE US INC COM 872590104 12,096 448,982 SH   SOLE   448,982 0 0
TOLL BROTHERS INC. COM 889478103 10,551 307,865 SH   SOLE   307,865 0 0
TORCHMARK CORP COM 891027104 13,496 249,143 SH   SOLE   249,143 0 0
TOTAL SYSTEM SERVICE COM 891906109 10,407 306,450 SH   SOLE   306,450 0 0
TOWERS WATSON & CO COM 891894107 14,991 132,466 SH   SOLE   132,466 0 0
TRACTOR SUPPLY CO COM 892356106 20,023 254,037 SH   SOLE   254,037 0 0
TRANSDIGM GROUP INC COM 893641100 18,543 94,439 SH   SOLE   94,439 0 0
TRAVELERS COMPANIES COM 89417E109 69,974 661,065 SH   SOLE   661,065 0 0
TRIMBLE NAVIGATION COM 896239100 12,458 469,417 SH   SOLE   469,417 0 0
TRIPADVISOR INC COM 896945201 83,800 1,122,426 SH   SOLE   1,122,426 0 0
TRW AUTOMOTIVE HLDGS COM 87264S106 20,897 203,183 SH   SOLE   203,183 0 0
TWENTY-FIRST CENT(A) COM 90130A101 98,290 2,559,303 SH   SOLE   2,559,303 0 0
TWENTY-FIRST CENT(B) COM 90130A200 29,932 811,377 SH   SOLE   811,377 0 0
TWITTER INC COM 90184L102 34,706 967,547 SH   SOLE   967,547 0 0
TYCO INTERNATIONAL P COM G91442106 36,021 821,280 SH   SOLE   821,280 0 0
TYSON FOODS CL 'A' COM 902494103 33,191 827,923 SH   SOLE   827,923 0 0
U.S. BANCORP COM 902973304 202,381 4,502,352 SH   SOLE   4,502,352 0 0
UDR INC COM 902653104 14,327 464,851 SH   SOLE   464,851 0 0
ULTA SALON COSMETICS COM 90384S303 14,400 112,643 SH   SOLE   112,643 0 0
ULTRA PETROLEUM CORP COM 903914109 18,780 1,427,087 SH   SOLE   1,427,087 0 0
ULTRAPAR PARTIC(ADR) ADR 90400P101 1,457 76,400 SH   SOLE   76,400 0 0
UNDER ARMOUR -CL A COM 904311107 20,525 302,277 SH   SOLE   302,277 0 0
UNION PACIFIC COM 907818108 198,598 1,667,069 SH   SOLE   1,667,069 0 0
UNITED CONTINENTAL COM 910047109 11,439 171,006 SH   SOLE   171,006 0 0
UNITED MICROELEC(ADR ADR 910873405 557 245,200 SH   SOLE   245,200 0 0
UNITED NATURAL FOODS COM 911163103 3,866 50,000 SH   SOLE   50,000 0 0
UNITED PARCEL SRV-B COM 911312106 148,385 1,334,754 SH   SOLE   1,334,754 0 0
UNITED RENTALS INC. COM 911363109 38,309 375,541 SH   SOLE   375,541 0 0
UNITED TECHNOLOGIES COM 913017109 217,133 1,888,116 SH   SOLE   1,888,116 0 0
UNITEDHEALTH GROUP COM 91324P102 194,843 1,927,423 SH   SOLE   1,927,423 0 0
UNIVERSAL HEALTH-B COM 913903100 19,051 171,233 SH   SOLE   171,233 0 0
UNUM GROUP COM 91529Y106 16,831 482,539 SH   SOLE   482,539 0 0
URBAN OUTFITTERS INC COM 917047102 6,876 195,728 SH   SOLE   195,728 0 0
V.F. CORP COM 918204108 48,108 642,300 SH   SOLE   642,300 0 0
VALE SA (ADR)(PFD) ADR 91912E204 458 63,100 SH   SOLE   63,100 0 0
VALERO ENERGY CORP. COM 91913Y100 64,120 1,295,346 SH   SOLE   1,295,346 0 0
VANTIV INC-CL A COM 92210H105 12,501 368,531 SH   SOLE   368,531 0 0
VARIAN MEDICAL SYSTE COM 92220P105 43,751 505,737 SH   SOLE   505,737 0 0
VCA INC COM 918194101 8,140 166,900 SH   SOLE   166,900 0 0
VENTAS INC. COM 92276F100 39,613 552,486 SH   SOLE   552,486 0 0
VERISIGN INC. COM 92343E102 12,164 213,410 SH   SOLE   213,410 0 0
VERISK ANALYTICS -A COM 92345Y106 19,449 303,661 SH   SOLE   303,661 0 0
VERIZON COMMUNICAT. COM 92343V104 408,844 8,739,719 SH   SOLE   8,739,719 0 0
VERTEX PHARMACEUTIC. COM 92532F100 51,703 435,214 SH   SOLE   435,214 0 0
VIACOM INC.CLS-B NEW COM 92553P201 71,895 955,410 SH   SOLE   955,410 0 0
VINA CONCHA Y T(ADR) ADR 927191106 465 12,310 SH   SOLE   12,310 0 0
VISA INC-CL A SHARES COM 92826C839 289,031 1,102,332 SH   SOLE   1,102,332 0 0
VMWARE INC. CLASS-A COM 928563402 12,832 155,507 SH   SOLE   155,507 0 0
VORNADO REALTY TRUST COM 929042109 36,702 311,798 SH   SOLE   311,798 0 0
VOYA FINANCIAL INC COM 929089100 16,537 390,214 SH   SOLE   390,214 0 0
VULCAN MATERIALS CO COM 929160109 15,721 239,173 SH   SOLE   239,173 0 0
WABTEC CORPORATION COM 929740108 15,061 173,333 SH   SOLE   173,333 0 0
WAL MART STORES INC. COM 931142103 316,888 3,689,889 SH   SOLE   3,689,889 0 0
WALGREEN CO. COM 931427108 149,851 1,970,423 SH   SOLE   1,970,423 0 0
WALT DISNEY CO COM 254687106 289,393 3,072,441 SH   SOLE   3,072,441 0 0
WASTE MANAGEMENT INC COM 94106L109 47,411 923,829 SH   SOLE   923,829 0 0
WATERS CORPORATION COM 941848103 68,207 605,100 SH   SOLE   605,100 0 0
WATSCO INC. COM 942622200 32,335 302,200 SH   SOLE   302,200 0 0
WEATHERFORD INTERNAT COM G48833100 16,234 1,417,778 SH   SOLE   1,417,778 0 0
WELLS FARGO COMPANY COM 949746101 531,599 9,697,171 SH   SOLE   9,697,171 0 0
WESTERN DIGITAL CORP COM 958102105 46,560 420,596 SH   SOLE   420,596 0 0
WESTERN UNION COM. COM 959802109 17,810 994,395 SH   SOLE   994,395 0 0
WESTLAKE CHEMICAL COM 960413102 5,303 86,806 SH   SOLE   86,806 0 0
WEYERHAEUSER COM 962166104 35,088 977,654 SH   SOLE   977,654 0 0
WHIRLPOOL CORP COM 963320106 41,299 213,167 SH   SOLE   213,167 0 0
WHITING PETROLEUM CO COM 966387102 9,550 289,409 SH   SOLE   289,409 0 0
WHOLE FOODS MARKET COM 966837106 63,334 1,256,133 SH   SOLE   1,256,133 0 0
WILLIAMS COMPANIES COM 969457100 58,524 1,302,277 SH   SOLE   1,302,277 0 0
WILLIS GROUP HLDGS COM G96666105 14,002 312,468 SH   SOLE   312,468 0 0
WINDSTREAM HOLDINGS COM 97382A101 9,388 1,139,306 SH   SOLE   1,139,306 0 0
WIPRO LIMITED (ADR) ADR 97651M109 5,534 488,893 SH   SOLE   488,893 0 0
WISCONSIN ENERGY COM 976657106 24,489 464,331 SH   SOLE   464,331 0 0
WORKDAY INC COM 98138H101 28,729 352,030 SH   SOLE   352,030 0 0
WYNDHAM WORLDWIDE CO COM 98310W108 19,575 228,254 SH   SOLE   228,254 0 0
WYNN RESORTS LIMITED COM 983134107 22,047 148,205 SH   SOLE   148,205 0 0
XCEL ENERGY INC COM 98389B100 35,671 993,058 SH   SOLE   993,058 0 0
XEROX COM 984121103 41,751 3,012,366 SH   SOLE   3,012,366 0 0
XILINX INC. COM 983919101 56,414 1,303,154 SH   SOLE   1,303,154 0 0
XL GROUP PLC COM G98290102 17,453 507,788 SH   SOLE   507,788 0 0
XYLEM INC. COM 98419M100 12,788 335,903 SH   SOLE   335,903 0 0
YAHOO! INC. COM 984332106 89,988 1,781,594 SH   SOLE   1,781,594 0 0
YUM! BRANDS INC COM 988498101 58,899 808,493 SH   SOLE   808,493 0 0
ZIMMER HOLDINGS INC. COM 98956P102 34,994 308,532 SH   SOLE   308,532 0 0
ZIONS BANCORPORATION COM 989701107 6,653 233,366 SH   SOLE   233,366 0 0
ZOETIS INC COM 98978V103 39,548 919,086 SH   SOLE   919,086 0 0
ETFS GOLD TR ETF 26922Y105 9,241 78,000 SH   SOLE   78,000 0 0
POWERSHARES QQQ TRUST ETF 73935A104 593 6,000 SH   SOLE   6,000 0 0
SPDR S&P 500 ETF TR ETF 78462F103 10,048 51,000 SH   SOLE   51,000 0 0