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 COMMON 88579Y101 966 8,831 SH   SOLE 0 0 0 8,831
ABB LTD COMMON 000375204 6,585 304,012 SH   SOLE 0 4,012 0 300,000
ABBOTT LABORATORIES COMMON 002824100 14,838 425,406 SH   SOLE 0 97,919 0 327,487
ABBVIE COMMON 00287Y109 1,642 39,728 SH   SOLE 0 26,940 0 12,788
ABERCROMBIE & FITCH CO COMMON 002896207 1,946 43,000 SH   SOLE 0 0 0 43,000
ACCENTURE LTD BERMUDA*** COMMON G1151C101 16,634 231,150 SH   SOLE 0 2,750 0 228,400
ADT CORPORATION COMMON 00101J106 466 11,690 SH   SOLE 0 0 0 11,690
AETNA INC COMMON 00817y108 3,542 55,750 SH   SOLE 0 0 0 55,750
AFLAC INC COM COMMON 001055102 35,293 607,243 SH   SOLE 0 138,194 0 469,049
AGRIUM, INC COMMON 008916108 8,547 98,285 SH   SOLE 0 1,285 0 97,000
ALLIANZ AKTIENGESELLSCHAF COMMON 018805101 13,443 920,103 SH   SOLE 0 12,103 0 908,000
ALTRIA GROUP INC COM COMMON 02209S103 32,364 924,951 SH   SOLE 0 221,466 0 703,485
AMERICAN EXPRESS CO COMMON 025816109 43,074 576,161 SH   SOLE 0 121,945 0 454,216
AMERIPRISE FINANCIAL INC COMMON 03076C106 34,639 428,284 SH   SOLE 0 89,137 0 339,147
AMERISOURCE BERGEN CORP COMMON 03073e105 2,166 38,790 SH   SOLE 0 0 0 38,790
APOLLO GROUP INC COMMON 037604105 2,043 115,300 SH   SOLE 0 0 0 115,300
APPLIED MATERIALS COMMON 038222105 2,239 150,100 SH   SOLE 0 0 0 150,100
ASHLAND INC COMMON 044209104 218 2,606 SH   SOLE 0 2,606 0 0
ASSURANT INC COMMON 04621X108 2,265 44,500 SH   SOLE 0 0 0 44,500
ASTRAZENECA PLC-SPONS ADR COMMON 046353108 11,595 245,137 SH   SOLE 0 18,660 0 226,477
AT&T INC COM COMMON 00206R102 1,579 44,606 SH   SOLE 0 30,390 0 14,216
AUTONATION INC DEL COMMON 05329w102 1,996 46,000 SH   SOLE 0 0 0 46,000
AVAGO TECHNOLOGIES*** COMMON Y0486S104 12,823 343,033 SH   SOLE 0 4,633 0 338,400
B & G FOODS INC COMMON 05508R106 210 6,175 SH   SOLE 0 1,275 0 4,900
B A S F A G COMMON 055262505 6,347 70,929 SH   SOLE 0 929 0 70,000
BANCO BILBAO VIZCAYA ARG COMMON 05946K101 10,528 1,251,751 SH   SOLE 0 16,751 0 1,235,000
BANK NOVA SCOTIA HALIFAX COMMON 064149107 12,308 229,838 SH   SOLE 0 13,717 0 216,121
BANK OF AMERICA CORPORATION COMMON 060505104 43,786 3,404,839 SH   SOLE 0 763,581 0 2,641,258
BANK OF MONTREAL COMMON 063671101 846 14,587 SH   SOLE 0 9,945 0 4,642
BARCLAYS COMMON 06738E204 9,717 567,578 SH   SOLE 0 7,578 0 560,000
BED BATH & BEYOND INC COMMON 075896100 2,219 31,270 SH   SOLE 0 0 0 31,270
BHP BILLITON LTD SPONSORED ADR COMMON 088606108 5,159 89,483 SH   SOLE 0 1,333 0 88,150
BLACKROCK INC COMMON 09247X101 61,354 238,871 SH   SOLE 0 53,132 0 185,739
BNP PARIBAS PA COMMON 05565A202 10,041 364,855 SH   SOLE 0 4,855 0 360,000
BOARDWALK PIPELINE PARTNERS LTD PARTNER 096627104 233 7,700 SH   SOLE 0 7,700 0 0
BRISTOL MYERS SQUIBB CO COMMON 110122108 1,385 30,982 SH   SOLE 0 21,880 0 9,102
BRITISH AMERN TOB PLC COMMON 110448107 13,122 127,474 SH   SOLE 0 8,974 0 118,500
BROADCOM CORP COMMON 111320107 33,411 988,649 SH   SOLE 0 201,522 0 787,127
CA INC. COMMON 12673P105 3,569 124,690 SH   SOLE 0 31,330 0 93,360
CANADIAN NATL RY CO COMMON 136375102 17,363 178,507 SH   SOLE 0 2,507 0 176,000
CENTERPOINT ENERGY COMMON 15189T107 329 13,988 SH   SOLE 0 0 0 13,988
CF INDUSTRIES COMMON 125269100 17,258 100,632 SH   SOLE 0 22,561 0 78,071
CHEVRON CORP NEW COM COMMON 166764100 42,466 358,847 SH   SOLE 0 88,946 0 269,901
CHICAGO BRIDGE & IRON CO. N.V. COMMON 167250109 18,262 306,104 SH   SOLE 0 4,104 0 302,000
CHINA MOBILE LIMITED COMMON 16941M109 758 14,639 SH   SOLE 0 10,440 0 4,199
CIGNA CORP COMMON 125509109 2,327 32,100 SH   SOLE 0 0 0 32,100
CISCO SYS INC COM COMMON 17275R102 47,785 1,963,626 SH   SOLE 0 444,585 0 1,519,041
CITIGROUP INC COMMON 172967424 44,398 925,529 SH   SOLE 0 198,914 0 726,615
CNH GLOBAL N V COMMON N20935206 14,865 356,825 SH   SOLE 0 4,825 0 352,000
COACH INC COMMON 189754104 32,441 568,228 SH   SOLE 0 119,915 0 448,313
COCA COLA COMMON 191216100 305 7,610 SH   SOLE 0 5,010 0 2,600
COGNIZANT TECH COMMON 192446102 1,632 26,060 SH   SOLE 0 0 0 26,060
COMERICA INC. COMMON 200340107 2,246 56,400 SH   SOLE 0 0 0 56,400
CONOCOPHILLIPS COMMON 20825C104 49,131 812,071 SH   SOLE 0 179,194 0 632,877
COPA HOLDINGS SA COMMON P31076105 12,630 96,323 SH   SOLE 0 1,323 0 95,000
COVIDIEN LTD COMMON G2554F113 46,604 741,631 SH   SOLE 0 127,766 0 613,865
CVS CAREMARK CORPORATION COM COMMON 126650100 2,133 37,310 SH   SOLE 0 790 0 36,520
DANAHER CORP DEL COM COMMON 235851102 34,279 541,525 SH   SOLE 0 121,238 0 420,287
DARDEN RESTAURANTS INC COMMON 237194105 2,829 56,042 SH   SOLE 0 11,950 0 44,092
DEUTSCHE BANK AG-REGISTERED COMMON D18190898 10,800 257,435 SH   SOLE 0 3,435 0 254,000
DIAGEO P L C COMMON 25243Q205 13,207 114,900 SH   SOLE 0 2,032 0 112,868
DIRECTV COMMON 25490A309 2,181 35,390 SH   SOLE 0 0 0 35,390
DISCOVER FINANCIAL SERVICES COMMON 254709108 2,139 44,900 SH   SOLE 0 0 0 44,900
DOLLAR TREE INC COM COMMON 256746108 2,132 41,930 SH   SOLE 0 0 0 41,930
DOMINION RES INC VA NEW COM COMMON 25746U109 1,526 26,862 SH   SOLE 0 15,262 0 11,600
DUN & BRADSTREET CORP COMMON 26483E100 2,329 23,900 SH   SOLE 0 0 0 23,900
DUPONT ELNEMOURS COMMON 263534109 1,123 21,384 SH   SOLE 0 15,215 0 6,169
EATON CORP PLC COMMON G29183103 33,522 509,376 SH   SOLE 0 118,960 0 390,416
ECOPETROL COMMON 279158109 5,884 139,897 SH   SOLE 0 1,897 0 138,000
ELI LILLY & CO COMMON 532457108 2,090 42,544 SH   SOLE 0 8,850 0 33,694
EMC CORP COMMON 268648102 15,955 675,485 SH   SOLE 0 150,942 0 524,543
EMERSON ELEC CO COM COMMON 291011104 212 3,893 SH   SOLE 0 200 0 3,693
ENERGY TRANSFER EQUITY LP COMMON 29273V100 253 4,221 SH   SOLE 0 4,221 0 0
ENSCO PLC SHS CL A COMMON G3157S106 58,481 1,006,196 SH   SOLE 0 181,075 0 825,121
ENTERPRISE PRODUCTS PARTNERS COMMON 293792107 218 3,500 SH   SOLE 0 3,500 0 0
EXPRESS SCRIPTS HOLDING COMPAN COMMON 30219G108 48,358 783,260 SH   SOLE 0 175,587 0 607,673
EXXON MOBIL COMMON 30231G102 43,938 486,311 SH   SOLE 0 107,446 0 378,865
FAMILY DOLLAR COMMON 307000109 2,114 33,920 SH   SOLE 0 0 0 33,920
FEDERATED INVESTORS INC COMMON 314211103 1,044 38,083 SH   SOLE 0 24,610 0 13,473
FINANCIAL SELECT SECTOR COMMON 81369Y605 389 20,000 SH   SOLE 0 0 0 20,000
FOMENTO ECONOMICO MEX-SP ADR COMMON 344419106 8,280 80,246 SH   SOLE 0 1,046 0 79,200
FOSSIL INC COMMON 349882100 2,178 21,080 SH   SOLE 0 0 0 21,080
GAMESTOP COMMON 36467W109 2,866 68,200 SH   SOLE 0 0 0 68,200
GENERAL ELECTRIC CO COMMON 369604103 46,429 2,002,122 SH   SOLE 0 471,393 0 1,530,729
GENERAL MILLS COMMON 370334104 1,275 26,266 SH   SOLE 0 1,780 0 24,486
GENUINE PARTS CO COMMON 372460105 24,779 317,397 SH   SOLE 0 73,387 0 244,010
GILEAD SCIENCES INC COMMON 375558103 2,112 41,200 SH   SOLE 0 0 0 41,200
GLAXOSMITHKLINE PLC COMMON 37733W105 613 12,260 SH   SOLE 0 12,260 0 0
GOLDMAN SACHS GROUP INC COM COMMON 38141G104 22,873 151,228 SH   SOLE 0 30,704 0 120,524
GOOGLE INC COMMON 38259P508 52,377 59,494 SH   SOLE 0 13,474 0 46,020
GRUPO FINANCIERO SANTANDER MEX COMMON 40053C105 3,959 278,625 SH   SOLE 0 3,625 0 275,000
GUANGSHEN RAILWAY CO COMMON 40065W107 8,364 416,524 SH   SOLE 0 5,524 0 411,000
HITACHI LTD COMMON 433578507 3,992 61,826 SH   SOLE 0 826 0 61,000
HOME DEPOT COMMON 437076102 24,276 313,360 SH   SOLE 0 65,202 0 248,158
HSBC HLDGS PLC COMMON 404280406 13,359 257,405 SH   SOLE 0 3,405 0 254,000
ICICI BK LTD COMMON 45104G104 10,235 267,580 SH   SOLE 0 3,580 0 264,000
ILLINOIS TOOL WKS INC COM COMMON 452308109 47,520 687,005 SH   SOLE 0 141,955 0 545,050
INTEL CORP COMMON 458140100 54,382 2,244,419 SH   SOLE 0 526,190 0 1,718,229
INTERNATIONAL BUSINESS MACHS C COMMON 459200101 39,601 207,215 SH   SOLE 0 47,950 0 159,265
INTL GAME TECHNOLOGY COMMON 459902102 2,025 121,200 SH   SOLE 0 0 0 121,200
INVESCO PLC COMMON G491BT108 16,273 511,754 SH   SOLE 0 6,754 0 505,000
ISHARES CORE S&P 500 INDEX ETF 464287200 4,616 28,690 SH   SOLE 0 28,690 0 0
ISHARES CORE TOTAL US BOND MAR ETF 464287226 31,703 295,710 SH   SOLE 0 295,710 0 0
ISHARES INC S+P SMALL CAP 600/ ETF 464287887 1,034 10,680 SH   SOLE 0 10,680 0 0
ISHARES LEHMAN TREASURY BOND F ETF 464287457 3,864 45,850 SH   SOLE 0 45,850 0 0
ISHARES S&P 500 BAR VALUE ETF 464287408 13,450 177,510 SH   SOLE 0 177,510 0 0
ISHARES TR MSCI EAFE IDX ETF 464287465 5,197 90,700 SH   SOLE 0 90,700 0 0
ISHARES TR S&P MIDCAP GROWTH ETF 464287606 4,526 35,130 SH   SOLE 0 35,130 0 0
ISHARES TR S&P MIDCP VALUE ETF 464287705 5,287 52,210 SH   SOLE 0 52,210 0 0
ISHARES TR S&P SMLCP VALUE ETF 464287879 4,734 50,660 SH   SOLE 0 50,660 0 0
ISHARES TR S&P500/BAR GRW ETF 464287309 16,200 192,830 SH   SOLE 0 192,830 0 0
J P MORGAN CHASE & CO COMMON 46625H100 53,558 1,014,559 SH   SOLE 0 231,667 0 782,892
JOHNSON & JOHNSON COM COMMON 478160104 554 6,453 SH   SOLE 0 3,240 0 3,213
KENTUCKY BANCSHARES INC COMMON 491203105 210 8,400 SH   SOLE 0 8,400 0 0
KINDER MORGAN LTD PARTNER 494550106 214 2,500 SH   SOLE 0 2,500 0 0
KOHLS CORP COMMON 500255104 2,205 43,660 SH   SOLE 0 0 0 43,660
KUBOTA CORPORATION COMMON 501173207 10,401 142,885 SH   SOLE 0 1,885 0 141,000
LABORATORY CORP AMER HLDGS COM COMMON 50540R409 2,212 22,100 SH   SOLE 0 0 0 22,100
LAZARD LTD COMMON G54050102 10,462 325,392 SH   SOLE 0 4,392 0 321,000
LEGGETT & PLATT INC COMMON 524660107 1,844 59,300 SH   SOLE 0 0 0 59,300
LIMITED BRANDS COMMON 532716107 2,192 44,500 SH   SOLE 0 0 0 44,500
LINCOLN NATIONAL CORP COMMON 534187109 2,262 62,030 SH   SOLE 0 0 0 62,030
LORILLARD INC COMMON 544147101 2,302 52,700 SH   SOLE 0 3,000 0 49,700
LSI LOGIC CORP COMMON 502161102 2,162 302,800 SH   SOLE 0 0 0 302,800
LUKOIL CO COMMON 677862104 10,517 182,427 SH   SOLE 0 2,427 0 180,000
LVMH Moet Hennessy COMMON 502441306 8,871 273,626 SH   SOLE 0 3,626 0 270,000
LYONDELLBASELL INDUSTRIES COMMON N53745100 8,392 126,655 SH   SOLE 0 1,655 0 125,000
MAKITA CORP COMMON 560877300 9,780 180,404 SH   SOLE 0 2,404 0 178,000
MARATHON OIL CORP COM COMMON 565849106 525 15,188 SH   SOLE 0 14,198 0 990
MARATHON PETROLEUM CORP COMMON 56585A102 2,606 36,680 SH   SOLE 0 13,705 0 22,975
MCDONALDS CORP COMMON 580135101 22,196 224,206 SH   SOLE 0 52,279 0 171,927
MCKESSON CORP COM COMMON 58155Q103 49,831 435,201 SH   SOLE 0 101,491 0 333,710
MERCK & CO INC COMMON 58933Y105 35,794 770,582 SH   SOLE 0 170,656 0 599,926
MICROSOFT CORP COMMON 594918104 35,073 1,015,280 SH   SOLE 0 231,571 0 783,709
MINDRAY MEDICAL INTL LTD COMMON 602675100 14,534 388,089 SH   SOLE 0 5,089 0 383,000
MITSUBISHI UFJ FINL GROUP COMMON 606822104 15,063 2,425,645 SH   SOLE 0 31,645 0 2,394,000
MITSUI & CO LTD COMMON 606827202 11,258 44,599 SH   SOLE 0 599 0 44,000
MYLAN LABS INC COMMON 628530107 2,157 69,500 SH   SOLE 0 0 0 69,500
NASDAQ STOCK MARKET INC COMMON 631103108 2,044 62,350 SH   SOLE 0 0 0 62,350
NATIONAL GRID TRANSCO PLC COMMON 636274300 6,859 121,034 SH   SOLE 0 14,977 0 106,057
NESTLE S A COMMON 641069406 14,993 227,915 SH   SOLE 0 4,915 0 223,000
NETEASE INC. COMMON 64110W102 12,816 202,885 SH   SOLE 0 2,885 0 200,000
NEXTERA ENERGY INC COMMON 65339F101 22,006 270,088 SH   SOLE 0 52,447 0 217,641
NICE-SYSTEMS LTD (ADR)*** COMMON 653656108 9,837 266,646 SH   SOLE 0 3,646 0 263,000
NIKE INC CL B COMMON 654106103 2,165 34,000 SH   SOLE 0 0 0 34,000
NIPPON TELEG & TEL CORP COMMON 654624105 580 22,314 SH   SOLE 0 16,100 0 6,214
NISSAN MOTORS COMMON 654744408 6,469 318,194 SH   SOLE 0 4,194 0 314,000
NORFOLK SOUTHERN CORP COMMON 655844108 32,050 441,156 SH   SOLE 0 92,638 0 348,518
NOVARTIS A G SPONSORED ADR COMMON 66987V109 37,400 528,918 SH   SOLE 0 79,556 0 449,362
NOVO-NORDISK A S COMMON 670100205 9,425 60,819 SH   SOLE 0 819 0 60,000
OPEN TEXT CORPORATION COMMON 683715106 15,943 232,845 SH   SOLE 0 2,845 0 230,000
ORACLE CORP COM COMMON 68389X105 49,688 1,617,991 SH   SOLE 0 330,776 0 1,287,215
ORIX CORP COMMON 686330101 16,618 243,200 SH   SOLE 0 3,200 0 240,000
PEARSON PLC COMMON 705015105 535 29,862 SH   SOLE 0 19,900 0 9,962
PEPSICO INC COM COMMON 713448108 21,713 265,470 SH   SOLE 0 59,940 0 205,530
PFIZER INC COMMON 717081103 39,876 1,423,617 SH   SOLE 0 331,011 0 1,092,606
PHILIP MORRIS INTL INC COM COMMON 718172109 58,364 673,783 SH   SOLE 0 153,569 0 520,214
PHILLIPS 66 COMMON 718546104 18,224 309,365 SH   SOLE 0 68,855 0 240,510
PLAINS ALL AMERICAN PIPELINE L LTD PARTNER 726503105 528 9,460 SH   SOLE 0 9,200 0 260
POSCO COMMON 693483109 5,956 91,522 SH   SOLE 0 1,222 0 90,300
POTASH CORP OF SASKATCHEWAN COMMON 73755l107 12,483 327,379 SH   SOLE 0 4,379 0 323,000
PROCTER & GAMBLE COMMON 742718109 775 10,071 SH   SOLE 0 6,975 0 3,096
QUALCOMM INC COMMON 747525103 46,449 760,348 SH   SOLE 0 169,279 0 591,069
RAYTHEON CO COMMON 755111507 866 13,090 SH   SOLE 0 13,090 0 0
RIO TINTO PLC COMMON 767204100 5,372 130,772 SH   SOLE 0 1,772 0 129,000
ROBERT HALF INTL COMMON 770323103 1,774 53,400 SH   SOLE 0 0 0 53,400
ROCHE HLDG LTD COMMON 771195104 9,909 160,171 SH   SOLE 0 2,171 0 158,000
ROSS STORES INC COM COMMON 778296103 44,080 680,151 SH   SOLE 0 144,126 0 536,025
ROYAL DUTCH SHELL PLC COMMON 780259206 272 4,263 SH   SOLE 0 1,585 0 2,678
SANOFI AVENTIS COMMON 80105N105 8,249 160,130 SH   SOLE 0 2,130 0 158,000
SAP AKTIENGESELLSCHAFT COMMON 803054204 8,563 117,569 SH   SOLE 0 1,569 0 116,000
SCHLUMBERGER LTD COMMON 806857108 8,716 121,632 SH   SOLE 0 1,632 0 120,000
SEADRILL LIMITED COMMON G7945E105 14,063 345,195 SH   SOLE 0 21,362 0 323,833
SEAGATE TECH*** COMMON G7945M107 2,434 54,290 SH   SOLE 0 0 0 54,290
SHAW COMMUNICATIONS COMMON 82028K200 888 36,943 SH   SOLE 0 25,800 0 11,143
SHINHAN FINANCIAL GROUP C COMMON 824596100 10,417 320,237 SH   SOLE 0 4,237 0 316,000
SIEMENS A G COMMON 826197501 8,870 87,552 SH   SOLE 0 1,090 0 86,462
SMITH & NEPHEW PLC COMMON 83175M205 11,367 202,659 SH   SOLE 0 2,659 0 200,000
SPREADTRUM COMMUNICATIONS COMMON 849415203 8,249 314,248 SH   SOLE 0 4,248 0 310,000
SPRINT NEXTEL CORP COMMON 852061100 2,269 323,192 SH   SOLE 0 1,592 0 321,600
ST JUDE MEDICAL INC COMMON 790849103 2,263 49,600 SH   SOLE 0 0 0 49,600
STANLEY BLACK & DECKER INC COMMON 854502101 32,361 418,642 SH   SOLE 0 89,219 0 329,423
STAPLES INC. COMMON 855030102 2,368 149,200 SH   SOLE 0 0 0 149,200
STATE STR CORP COM COMMON 857477103 30,970 474,928 SH   SOLE 0 96,146 0 378,782
STATOIL ASA COMMON 85771P102 9,275 448,272 SH   SOLE 0 5,514 0 442,758
STRYKER CORP COMMON 863667101 1,986 30,700 SH   SOLE 0 0 0 30,700
SUN LIFE FINANCIAL COMMON 866796105 1,035 34,943 SH   SOLE 0 23,980 0 10,963
SYNGENTA AG COMMON 87160A100 7,181 92,230 SH   SOLE 0 1,230 0 91,000
TAIWAN SEMICONDUCTOR MFG CO AD COMMON 874039100 7,780 424,662 SH   SOLE 0 5,662 0 419,000
TARGET CORP COM COMMON 87612E106 2,004 29,100 SH   SOLE 0 0 0 29,100
TE CONNECTIVITY LTD. COMMON H84989104 23,791 522,432 SH   SOLE 0 117,652 0 404,780
TECK RESOURCES LIMITED COMMON 878742204 6,585 308,152 SH   SOLE 0 4,152 0 304,000
TELUS CORP NV COMMON 87971M103 6,986 239,337 SH   SOLE 0 3,337 0 236,000
TENARIS SA COMMON 88031M109 13,714 340,560 SH   SOLE 0 4,560 0 336,000
TESORO CORP COMMON 881609101 1,826 34,900 SH   SOLE 0 0 0 34,900
TEXTRON INC COMMON 883203101 1,782 68,400 SH   SOLE 0 0 0 68,400
TIME WARNER CABLE INC COMMON 88732J207 52,845 469,815 SH   SOLE 0 98,441 0 371,374
TORCHMARK CORP COMMON 891027104 2,191 33,640 SH   SOLE 0 0 0 33,640
TOTAL SA COMMON 89151E109 801 16,450 SH   SOLE 0 11,360 0 5,090
TRANSOCEAN LTD REG SHS COMMON H8817H100 9,477 197,654 SH   SOLE 0 2,654 0 195,000
TRAVELERS COS INC COMMON 89417E109 1,894 23,700 SH   SOLE 0 0 0 23,700
TYCO INTL LTD NEW COMMON H89128104 680 20,627 SH   SOLE 0 0 0 20,627
ULTRAPAR PARTICIPACOES COMMON 90400P101 9,367 391,253 SH   SOLE 0 5,253 0 386,000
UNILEVER NV COMMON 904784709 835 21,233 SH   SOLE 0 14,080 0 7,153
UNION PAC CORP COM COMMON 907818108 66,666 432,111 SH   SOLE 0 95,627 0 336,484
UNITED HEALTHCARE CORP COMMON 91324p102 45,665 697,388 SH   SOLE 0 160,468 0 536,920
UNITED TECHNOLOGIES CORP COM COMMON 913017109 29,862 321,300 SH   SOLE 0 75,851 0 245,449
UNUM GROUP COMMON 91529Y106 2,089 71,110 SH   SOLE 0 0 0 71,110
VIACOM INC. CL B COMMON 92553P201 2,231 32,800 SH   SOLE 0 0 0 32,800
VODAFONE GROUP PLC NEW COMMON 92857W209 37,691 1,311,216 SH   SOLE 0 0 0 1,076,496
VOLKSWAGEN AG COMMON 928662303 15,563 399,271 SH   SOLE 0 5,271 0 394,000
W.W. GRAINGER INC. COMMON 384802104 2,270 9,000 SH   SOLE 0 0 0 9,000
WAL MART STORES INC COMMON 931142103 1,996 26,800 SH   SOLE 0 100 0 26,700
WALGREEN CO COMMON 931422109 24,561 555,679 SH   SOLE 0 116,726 0 438,953
WALT DISNEY CO HOLDING CO COMMON 254687106 2,217 35,100 SH   SOLE 0 0 0 35,100
WELLPOINT INC COM COMMON 94973V107 2,495 30,490 SH   SOLE 0 240 0 30,250
WELLS FARGO & CO COMMON 949746101 44,503 1,078,350 SH   SOLE 0 242,878 0 835,472
WESTERN UN CO COM COMMON 959802109 2,308 134,900 SH   SOLE 0 0 0 134,900
WESTPAC BKG CORP COMMON 961214301 10,898 82,633 SH   SOLE 0 6,359 0 76,274
WPP PLC COMMON 92937A102 14,712 172,295 SH   SOLE 0 2,295 0 170,000
YANDEX N.V. COMMON N97284108 11,690 422,755 SH   SOLE 0 5,755 0 417,000
YUM! BRANDS INC COMMON 988498101 26,937 388,482 SH   SOLE 0 87,305 0 301,177