The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Biogen IDEC Inc. COMMON STOCK 09062x103 100,998,837 320,316 SH   SOLE 0 251,362 0 68,954
Celgene Corp. COMMON STOCK 151020104 101,540,303 1,182,351 SH   SOLE 0 927,313 0 255,038
Express Scripts Inc COMMON STOCK 30219G108 102,545,864 1,479,098 SH   SOLE 0 1,158,658 0 320,440
Gilead Sciences, Inc. COMMON STOCK 375558103 103,354,859 1,246,591 SH   SOLE 0 978,075 0 268,516
Johnson & Johnson COMMON STOCK 478160104 101,032,161 965,706 SH   SOLE 0 756,930 0 208,776
Coach, Inc. COMMON STOCK 189754104 5,333 156 SH   SOLE 0 156 0 0
Comcast Corp. COMMON STOCK 20030n101 51,526,573 959,884 SH   SOLE 0 752,939 0 206,945
Disney, Walt Co. COMMON STOCK 254687106 104,822,637 1,222,564 SH   SOLE 0 959,610 0 262,954
Michael Kors Hld. COMMON STOCK G60754101 50,525,358 569,942 SH   SOLE 0 447,151 0 122,791
Nike, Inc. Class B COMMON STOCK 654106103 104,048,292 1,341,693 SH   SOLE 0 1,053,112 0 288,581
Nordstrom, Inc. COMMON STOCK 655664100 101,567,577 1,495,180 SH   SOLE 0 1,171,063 0 324,117
TJX Companies COMMON STOCK 872540109 98,683,605 1,856,700 SH   SOLE 0 1,447,190 0 409,510
CVS Caremark COMMON STOCK 126650100 100,083,446 1,327,895 SH   SOLE 0 1,039,326 0 288,569
Costco Wholesale COMMON STOCK 22160K105 101,310,973 879,741 SH   SOLE 0 689,429 0 190,312
Estee Lauder Cos. COMMON STOCK 518439104 100,418,679 1,352,258 SH   SOLE 0 1,059,279 0 292,979
Mondelez Int'l COMMON STOCK 609207105 102,105,207 2,714,842 SH   SOLE 0 2,128,855 0 585,987
Adobe Systems, Inc. COMMON STOCK 00724f101 100,688,505 1,391,494 SH   SOLE 0 1,088,916 0 302,578
Apple Inc. COMMON STOCK 037833100 103,389,736 1,112,555 SH   SOLE 0 871,339 0 241,216
E M C Corp. COMMON STOCK 268648102 101,481,961 3,852,770 SH   SOLE 0 3,016,405 0 836,365
Oracle Corp. COMMON STOCK 68389X105 100,137,714 2,470,706 SH   SOLE 0 1,930,315 0 540,391
Qualcomm, Inc. COMMON STOCK 747525103 100,872,516 1,273,642 SH   SOLE 0 996,157 0 277,485
eBay, Inc. COMMON STOCK 278642103 102,724,271 2,052,023 SH   SOLE 0 1,607,122 0 444,901
Consumer Discretionary Select Sect SPDR Fd COMMON STOCK 81369y407 619,881 9,288 SH   SOLE 0 9,288 0 0
Consumer Staples Select Sector SPDR Fund COMMON STOCK 81369Y308 503,045 11,274 SH   SOLE 0 11,274 0 0
Health Care Select Sector SPDR Fund COMMON STOCK 81369y209 636,525 10,464 SH   SOLE 0 10,464 0 0
SPDR Barclays High Yield Bond ETF COMMON STOCK 78464A417 29,795 714 SH   SOLE 0 714 0 0
SPDR Tr Unit Ser 1 COMMON STOCK 78462F103 58,128 297 SH   SOLE 0 297 0 0
Technology Select Sector SPDR Fund COMMON STOCK 81369y803 765,696 19,966 SH   SOLE 0 19,966 0 0
Vanguard Extended Market ETF COMMON STOCK 922908652 473,269 5,394 SH   SOLE 0 5,394 0 0
Vanguard FTSE All-World ex-US ETF COMMON STOCK 922042775 1,437,870 27,498 SH   SOLE 0 27,498 0 0
iShares 1-3 Year Credit Bond ETF COMMON STOCK 464288646 183,883 1,740 SH   SOLE 0 1,740 0 0
iShares MSCI All Country Asia ex Japan ETF COMMON STOCK 464288182 308,622 4,923 SH   SOLE 0 4,923 0 0
iShares Russell 3000 ETF COMMON STOCK 464287689 141,170 1,199 SH   SOLE 0 1,199 0 0
iShares iBoxx $ Invest. Grade Corp Bd ETF COMMON STOCK 464287242 42,933 360 SH   SOLE 0 360 0 0