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
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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
Ace Common Stock CHF 25.94 H0023R105 245,019 236,985 SH   SOLE 0 245,019 0 0
Actavis. Actavis Common Stock USD0.0033 G0083B108 672,746 301,315 SH   SOLE 0 672,746 0 0
Adobe Systems Common Stock USD0.0001 00724F101 472,234 655,881 SH   SOLE 0 472,234 0 0
Adv.auto Parts Common Stock USD0.0001 00751Y106 281,285 210,732 SH   SOLE 0 281,285 0 0
Alliance Data Systems Common Stock USD0.01 018581108 329,739 116,966 SH   SOLE 0 329,739 0 0
American Express Common Stock USD0.02 025816109 543,786 572,828 SH   SOLE 0 543,786 0 0
American Intl.gp. American Intl.gp Common Stock USD2.5 026874784 657,376 1,203,764 SH   SOLE 0 657,376 0 0
Ametek Common Stock USD0.01 031100100 347,593 656,828 SH   SOLE 0 347,593 0 0
Amsurg Amsurg Common Stock 03232P405 22,844 50,361 SH   SOLE 0 22,844 0 0
Anadarko Petroleum Common Stock USD0.01 032511107 475,849 434,565 SH   SOLE 0 475,849 0 0
Antero Resources Common Stock USD0.01 03674X106 188,132 290,283 SH   SOLE 0 188,132 0 0
Apple Inc Common Stock USD0.00001 037833100 904,821 983,715 SH   SOLE 0 904,821 0 0
At&t Common Stock USD1 00206R102 88,019 248,571 SH   SOLE 0 88,019 0 0
Avago Technologies Common Stock Y0486S104 262,262 369,696 SH   SOLE 0 262,262 0 0
Bank Of America Common Stock USD0.01 060505104 272,718 1,778,985 SH   SOLE 0 272,718 0 0
Blackstone Group MLP 09253U108 324,227 969,000 SH   SOLE 0 324,227 0 0
Capital One Finl Common Stock USD0.01 14040H105 285,343 343,745 SH   SOLE 0 285,343 0 0
Cbre Group Class A Common Stock USD0.01 12504L109 201,660 630,383 SH   SOLE 0 201,660 0 0
Chevron cv Common Stock USD0.75 166764100 13,023 9,990 SH   SOLE 0 13,023 0 0
Ciena Common Stock USD0.01 171779309 34,566 160,623 SH   SOLE 0 34,566 0 0
Cisco Systems Common Stock USD0.001 17275R102 484,265 1,960,586 SH   SOLE 0 484,265 0 0
Citigroup Common Stock USD0.01 172967424 250,579 531,563 SH   SOLE 0 250,579 0 0
Citrix Sys Common Stock USD0.001 177376100 176,081 274,269 SH   SOLE 0 176,081 0 0
Concho Resources Common Stock USD0.001 20605P101 284,932 200,600 SH   SOLE 0 284,932 0 0
Constellation Brands Common Stock USD0.01 21036P108 291,595 331,433 SH   SOLE 0 291,595 0 0
Costar Gp Common Stock USD0.01 22160N109 29,278 18,595 SH   SOLE 0 29,278 0 0
Credicorp Common Stock USD5 G2519Y108 55,825 42,485 SH   SOLE 0 55,825 0 0
Cvs Caremark Common Stock USD0.01 126650100 403,655 533,089 SH   SOLE 0 403,655 0 0
Delta Air Lines Common Stock USD0.0001 247361702 31,906 81,124 SH   SOLE 0 31,906 0 0
Dow Chemicals DOW Common Stock USD2.5 260543103 361,697 700,827 SH   SOLE 0 361,697 0 0
Eaton Common Stock USD0.003 278265103 417,110 539,878 SH   SOLE 0 417,110 0 0
Estee Lauder Cos Common Stock USD0.01 518439104 334,851 448,201 SH   SOLE 0 334,851 0 0
Exxon Mobil Common Stock 30231G102 662,234 654,317 SH   SOLE 0 662,234 0 0
Facebook Common Stock USD0.000000 30303M102 280,612 415,107 SH   SOLE 0 280,612 0 0
First Republic Bank Common Stock USD0.01 33616C100 241,734 443,386 SH   SOLE 0 241,734 0 0
Foot Locker Common Stock USD0.01 344849104 222,407 439,366 SH   SOLE 0 222,407 0 0
Ford Motor Ord Common Stock USD0.01 345370860 154,218 892,468 SH   SOLE 0 154,218 0 0
Garmin Common Stock CHF10 H2906T109 358,811 592,195 SH   SOLE 0 358,811 0 0
Gilead Sciences Common Stock USD0.01 375558103 421,863 508,636 SH   SOLE 0 421,863 0 0
Goldman Sachs Gp Common Stock USD0.01 38141G104 279,757 167,740 SH   SOLE 0 279,757 0 0
Google a Common Stock USD0.001 38259P508 412,724 70,468 SH   SOLE 0 412,724 0 0
Google c Common Stock USD0.001 38259P706 406,318 70,468 SH   SOLE 0 406,318 0 0
Hain Celestial Gp Common Stock USD0.01 405217100 203,907 237,239 SH   SOLE 0 203,907 0 0
Halliburton Common Stock USD2.5 406216101 439,094 623,093 SH   SOLE 0 439,094 0 0
Harman Int inds Common Stock USD0.01 413086109 287,788 266,866 SH   SOLE 0 287,788 0 0
Hca Holdings Common Stock USD0.01 40412C101 413,162 745,377 SH   SOLE 0 413,162 0 0
Hewlett-packard Common Stock USD0.01 428236103 220,509 650,277 SH   SOLE 0 220,509 0 0
Home Depot Common Stock USD0.05 437076102 581,064 716,214 SH   SOLE 0 581,064 0 0
Incyte Incyte Common Stock USD0.001 45337C102 196,070 353,152 SH   SOLE 0 196,070 0 0
Intel Intel Common Stock USD0.001 458140100 441,726 1,428,146 SH   SOLE 0 441,726 0 0
International Bus mchs Common Stock USD0.2 459200101 114,261 62,881 SH   SOLE 0 114,261 0 0
Invesco Common Stock USD0.2 G491BT108 277,097 734,225 SH   SOLE 0 277,097 0 0
Jp Morgan Chase and Co Common Stock USD1 46625H100 942,062 1,637,514 SH   SOLE 0 942,062 0 0
Lyondellbasell Inds.cl.a Common Stock USD N.A N53745100 333,677 344,459 SH   SOLE 0 333,677 0 0
Martin Mrta.mats Common Stock USD0.01 573284106 148,974 112,663 SH   SOLE 0 148,974 0 0
Mastercard Common Stock USD0.0001 57636Q104 183,995 250,675 SH   SOLE 0 183,995 0 0
Mckesson Common Stock USD0.01 58155Q103 270,694 143,285 SH   SOLE 0 270,694 0 0
Merck and Co Common Stock USD0.5 58933Y105 545,571 948,324 SH   SOLE 0 545,571 0 0
Metlife Common Stock USD0.01 59156R108 210,480 378,902 SH   SOLE 0 210,480 0 0
Micron Technology Common Stock USD0.1 595112103 359,882 1,142,121 SH   SOLE 0 359,882 0 0
Microsoft Common Stock USD0.000000 594918104 459,510 1,087,598 SH   SOLE 0 459,510 0 0
Mohawk Inds. Common Stock USD0.01 608190104 187,115 136,700 SH   SOLE 0 187,115 0 0
Novo Nordisk Adr ADR 670100205 54,756 119,269 SH   SOLE 0 54,756 0 0
Nrg Energy Nrg Energy Common Stock USD0.01 629377508 293,419 791,954 SH   SOLE 0 293,419 0 0
Nxp Semiconductors Common Stock N.A N6596X109 305,665 470,182 SH   SOLE 0 305,665 0 0
Oracle Common Stock USD0.01 68389X105 128,348 316,673 SH   SOLE 0 128,348 0 0
Paccar Paccar Common Stock USD1 693718108 304,534 484,155 SH   SOLE 0 304,534 0 0
Prec.castparts Common Stock 740189105 336,528 132,304 SH   SOLE 0 336,528 0 0
Priceline. Group Inc. Common Stock USD0.008 741503403 436,465 36,207 SH   SOLE 0 436,465 0 0
Procter and Gamble Common Stock 742718109 123,747 156,602 SH   SOLE 0 123,747 0 0
Prudential Finl. Common Stock USD0.01 744320102 431,970 485,414 SH   SOLE 0 431,970 0 0
Randgold Ads Adr 1:1 1:1 ADR 752344309 1 1 SH   SOLE 0 1 0 0
Regeneron Pharms Common Stock USD0.001 75886F107 364,633 131,513 SH   SOLE 0 364,633 0 0
Regions Finl.new Common Stock USD0.01 7591EP100 334,638 3,136,251 SH   SOLE 0 334,638 0 0
Reynolds American Common Stock USD0.0001 761713106 425,467 703,716 SH   SOLE 0 425,467 0 0
Rite Aid Common Stock USD1 767754104 156,711 2,182,611 SH   SOLE 0 156,711 0 0
Royal Caribbean Cruises Common Stock USD0.01 V7780T103 264,623 474,234 SH   SOLE 0 264,623 0 0
Salesforce.com Common Stock USD0.001 79466L302 273,362 476,407 SH   SOLE 0 273,362 0 0
Schlumberger Common Stock USD0.01 806857108 432,593 367,227 SH   SOLE 0 432,593 0 0
Signature Bk. Common Stock USD0.01 82669G104 260,483 206,946 SH   SOLE 0 260,483 0 0
Southern Copper Common Stock USD0.01 84265V105 4,863 14,603 SH   SOLE 0 4,863 0 0
St.jude Medical Common Stock USD0.1 790849103 313,826 451,288 SH   SOLE 0 313,826 0 0
Starbucks Common Stock USD0.01 855244109 284,349 364,831 SH   SOLE 0 284,349 0 0
Svb Financial Group Common Stock USD0.001 78486Q101 194,209 167,479 SH   SOLE 0 194,209 0 0
Texas Capital Bancshares Common Stock USD0.01 88224Q107 105,707 197,030 SH   SOLE 0 105,707 0 0
Union Pacific Common Stock USD2.5 907818108 700,950 703,483 SH   SOLE 0 700,950 0 0
Unitedhealth Gp Common Stock USD0.01 91324P102 265,244 323,468 SH   SOLE 0 265,244 0 0
Verizon Comms Common Stock USD0.1 92343V104 644,540 1,306,853 SH   SOLE 0 644,540 0 0
Walt Disney Common Stock USD0.01 254687106 772,171 905,241 SH   SOLE 0 772,171 0 0
Wells Fargo and Co Common Stock USD1.666 949746101 614,575 1,161,768 SH   SOLE 0 614,575 0 0
Williams Cos Common Stock USD1 969457100 424,851 725,497 SH   SOLE 0 424,851 0 0
Xilinx Xilinx Common Stock USD0.01 983919101 226,519 482,880 SH   SOLE 0 226,519 0 0
Zimmer Hdg Common Stock USD0.01 98956P102 399,118 382,480 SH   SOLE 0 399,118 0 0