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 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ROCHE HLDG LTD ADRADR7711951046,769199,375SH SOLE 129,315070,060
ROYAL DUTCH SHELL CL AADR7802592066519,721SH SOLE 009,721
SAP AKTIENGESELLSCHAFT SPONSORADR8030542046,86498,550SH SOLE 62,840035,710
YPF SOCIEDAD ANONIMA SPONSOREDADR9842451002128,000SH SOLE 8,00000
3M COCOM88579Y1011,1667,093SH SOLE 1,39305,700
A MARK PRECIOUS METALS INCCOM00181T10739539,600SH SOLE 0039,600
ACCENTURE PLCCOMg1151c1017,65785,733SH SOLE 56,927028,806
ALTRIA GROUP INCCOM02209S1032,09242,465SH SOLE 41,39001,075
AMAZON COM INC COMCOM0231351068,86728,571SH SOLE 18,006010,565
AMERICAN EXPRESS COMPANYCOM02581610912,240131,557SH SOLE 82,392049,165
AMGEN INCCOM0311621001,2187,644SH SOLE 7,64400
APPLE COMPUTER INCCOM03783310019,582177,407SH SOLE 114,301063,106
APTARGROUP INCCOM0383361037,600113,703SH SOLE 73,423040,280
ARMOUR RESIDENTIAL REIT INCCOM0423151017420,000SH SOLE 0020,000
BANK OF AMERICA CORPCOM06050510426815,000SH SOLE 15,00000
BERKSHIRE HATHAWAY INC CL BCOM0846707021,2438,276SH SOLE 3,61004,666
BION ENVIRNMNTL TECHCOM09061Q3071125,000SH SOLE 0025,000
BLACK DIAMOND INC COMCOM09202G10110512,000SH SOLE 200011,800
BRISTOL MYERS SQUIBB COCOM1101221082,58543,796SH SOLE 5,400038,396
CHECK POINT SOFTWARE ORDCOMM2246510410,112128,705SH SOLE 80,125048,580
CHEVRON CORPCOM16676410010,02789,383SH SOLE 48,827040,556
CISCO SYSTEMS INCCOM17275R1021,06538,296SH SOLE 396037,900
COCA COLA COCOM1912161009,551226,215SH SOLE 130,944095,271
CUMMINS INCCOM2310211068,09056,111SH SOLE 36,916019,195
CVS CORPCOM1266501009,17095,209SH SOLE 62,069033,140
DATALOGIC INTL INCCOM23804q102022,000SH SOLE 22,00000
DAVITA INCCOM23918K1082273,000SH SOLE 3,00000
DEERE & CO COMCOM2441991051,48916,836SH SOLE 0016,836
DIRECTV COM CL ACOM25490A3097839,036SH SOLE 9,03600
DISNEY WALT COCOM25468710622,482238,685SH SOLE 120,9210117,764
DUKE ENERGY CORP FORMERLY DUKECOM26441c2042623,134SH SOLE 72502,409
EMC CORP-MASSCOM2686481027,901265,666SH SOLE 171,485094,181
EMERSON ELECTRIC COCOM2910111042193,550SH SOLE 1,15002,400
EXPRESS SCRIPTS INC COMCOM30219g1084395,185SH SOLE 5,18500
EXXON MOBIL CORPCOM30231G1027,71183,406SH SOLE 14,959068,447
FACEBOOK INCCOM30303m1027,63197,806SH SOLE 66,976030,830
FEDEX CORP COMCOM31428X10610,20458,760SH SOLE 37,910020,850
FLUOR CORP NEW COMCOM3434121028,600141,841SH SOLE 91,729050,112
GABRIEL TECHNOLOGIES COM *SUSPCOM362447104025,000SH SOLE 25,00000
GENERAL ELECTRIC COCOM36960410314,641579,373SH SOLE 325,7270253,646
GENERAL MILLS INCCOM3703341041,36425,575SH SOLE 1,375024,200
GOLDMAN SACHS GROUP INCCOM38141G10411,75660,649SH SOLE 39,240021,409
GOOGLE INC. CLASS ACOM38259P5087,64314,402SH SOLE 9,50204,900
GOOGLE INC. CLASS CCOM38259P7066,15211,686SH SOLE 7,57604,110
HONEYWELL INTL INCCOM4385161067197,200SH SOLE 20007,000
ILLUMINA INC COMCOM4523271095,88931,905SH SOLE 21,895010,010
INTEL CORPCOM45814010010,038276,614SH SOLE 166,7400109,874
INTERNATIONAL BUSINESS MACHINECOM4592001011,5339,553SH SOLE 1,10008,453
J P MORGAN CHASE AND COCOM46625H10012,795204,466SH SOLE 126,190078,276
JOHNSON AND JOHNSON COCOM47816010415,807151,164SH SOLE 87,235063,929
KIMBERLY CLARK CORPCOM4943681039,95086,119SH SOLE 49,453036,666
KRAFT FOODS GROUP INCCOM50076q1063826,094SH SOLE 6,09400
MCDONALDS CORPCOM5801351011,67317,857SH SOLE 2,757015,100
MERCK AND CO INCCOM58933y10515,233268,235SH SOLE 152,6740115,561
MICROSOFT CORPCOM59491810414,662315,654SH SOLE 131,7370183,917
MONDELEZ INTERNATIONAL, INC.COM60920710568018,718SH SOLE 18,71800
NEXTERA ENERGY INC COMCOM65339f1012132,000SH SOLE 002,000
NIKE INC-CL BCOM65410610313,394139,304SH SOLE 87,529051,775
OREXIGEN THERAPEUTICS, INC.COM68616410413021,500SH SOLE 20,00001,500
PC GROUP INC COMCOM70455g1071100,689SH SOLE 1,939098,750
PEPSICO INCCOM7134481081,11111,750SH SOLE 300011,450
PFIZER INCCOM7170811032,59683,333SH SOLE 5,875077,458
PHILIP MORRIS INTL INC COMCOM7181721092,62132,183SH SOLE 30,73001,453
PROCTER AND GAMBLE COCOM7427181091,54616,974SH SOLE 775016,199
QUALCOMM INCCOM74752510312,533168,616SH SOLE 109,586059,031
REXFORD INDUSTRIAL REALTY INCCOM76169C10062940,032SH SOLE 40,03200
RIO TINTO PLCCOM7672041002886,244SH SOLE 006,244
SCHLUMBERGER LTDCOM80685710812,352144,615SH SOLE 86,152058,463
SEALED AIR CORP NEWCOM81211K10075517,800SH SOLE 0017,800
SMUCKER J M COMPANY NEWCOM8326964052022,000SH SOLE 002,000
SOUTHERN COCOM8425871073376,863SH SOLE 6,86300
SPECTRA ENERGY CORP COMCOM8475601092968,160SH SOLE 1,07507,085
STANDARD PAC CORP NEW COMCOM85375C10148967,100SH SOLE 67,10000
STRATASYS, INCCOMm855481015,44765,545SH SOLE 40,785024,760
TESLA MTRS INC COMCOM88160r1013461,555SH SOLE 1,3700185
TEXAS INSTRUMENTS INCCOM8825081043646,800SH SOLE 006,800
TIGER X MED INC COMCOM88677A10431285,714SH SOLE 00285,714
UNION PACIFIC CORPCOM90781810814,430121,130SH SOLE 74,185046,945
UNITED TECHNOLOGIES CORPCOM91301710911,937103,800SH SOLE 57,918045,882
VERIZON COMMUNICATIONSCOM92343V1043136,697SH SOLE 2,19704,500
WAL MART STORES INCCOM9311421035085,916SH SOLE 2,79103,125
WELLS FARGO & COCOM9497461018,659157,959SH SOLE 100,674057,285
WORLDWIDE MEDICAL CORP DELCOM98159s101028,850SH SOLE 28,85000
XYLEM INCCOM98419m1008,340219,074SH SOLE 140,986078,088
EMERGING MARKETS ETF (VWO)ETF9220428589,565239,004SH SOLE 153,135085,869
SPDR EURO STOXX 50 (FEZ)ETF78463x2027,448202,075SH SOLE 130,700071,375
BIOTECHNOLOGY SECTOR ETF (IBB)ETF46428755623,76878,353SH SOLE 47,724030,629
CONSUMER DISCRETIONARY SPDR (XETF81369y4074,58363,516SH SOLE 35,701027,815
CONSUMER STAPLES SECTOR ETF (XETF81369Y3081,91639,520SH SOLE 22,185017,335
ENERGY SECTOR ETF (XLE)ETF81369Y5062,63833,328SH SOLE 18,895014,433
FINANCIAL SECTOR ETF (XLF)ETF81369Y6053,646147,437SH SOLE 85,337062,100
HEALTHCARE SECTOR ETF (XLV)ETF81369Y2093,28448,030SH SOLE 27,287020,742
INDUSTRIAL SECTOR ETF (XLI)ETF81369Y7044,43978,456SH SOLE 44,567033,890
INFORMATION TECHNOLOGY SECTORETF4642877218,96285,839SH SOLE 42,501043,339
OIL & GAS EXPL & PROD SECTOR EETF73935x6582458,845SH SOLE 1,79007,055
POWERSHARES QQQ TRUST UNIT SERETF73935a1044754,597SH SOLE 2,17202,425
S&P 400 MIDCAP SPDRSETF78467y1073471,315SH SOLE 1,31500
S&P 500 EQUITY INDEX ETF (SPY)ETF78462F10317,89787,071SH SOLE 51,043036,028
STANDARD & POORS GROWTH INDEXETF4642873097156,410SH SOLE 6,41000
TECH NETWORKING HARDWARE ETF (ETF4642875312,29761,825SH SOLE 31,770030,055
WATER INFRASTRUCTURE SECTOR ETETF73935X5751,25448,694SH SOLE 28,144020,551
WTS BION ENVIRONMENTAL TECH INWT09099b686012,500SH SOLE 0012,500
HUDSON PACIFIC PPTYS INC COMRE44409710969123,000SH SOLE 23,00000