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
Amgen, Inc. COMMON STOCK 031162100 65,293,802 572,351 SH   SOLE 0 311,458 0 260,893
Biogen IDEC Inc. COMMON STOCK 09062x103 71,479,339 255,676 SH   SOLE 0 145,079 0 110,597
Celgene Corp. COMMON STOCK 151020104 71,493,066 423,111 SH   SOLE 0 236,300 0 186,811
Express Scripts Inc COMMON STOCK 30219G108 143,253,637 2,039,488 SH   SOLE 0 1,141,448 0 898,040
Gilead Sciences, Inc. COMMON STOCK 375558103 69,760,390 928,900 SH   SOLE 0 518,429 0 410,471
Johnson & Johnson COMMON STOCK 478160104 130,704,151 1,427,057 SH   SOLE 0 782,248 0 644,809
Coach, Inc. COMMON STOCK 189754104 137,663,035 2,452,575 SH   SOLE 0 1,363,705 0 1,088,870
Disney, Walt Co. COMMON STOCK 254687106 144,913,916 1,896,779 SH   SOLE 0 1,050,341 0 846,438
Nike, Inc. Class B COMMON STOCK 654106103 135,218,885 1,719,467 SH   SOLE 0 949,976 0 769,491
Nordstrom, Inc. COMMON STOCK 655664100 133,835,872 2,165,629 SH   SOLE 0 1,190,004 0 975,625
TJX Companies COMMON STOCK 872540109 137,570,956 2,158,653 SH   SOLE 0 1,196,048 0 962,605
CVS Caremark COMMON STOCK 126650100 146,842,173 2,051,728 SH   SOLE 0 1,148,916 0 902,812
Costco Wholesale COMMON STOCK 22160K105 132,138,622 1,110,222 SH   SOLE 0 609,442 0 500,780
Estee Lauder Cos. COMMON STOCK 518439104 137,697,463 1,828,166 SH   SOLE 0 1,015,435 0 812,731
Mondelez Int'l COMMON STOCK 609207105 138,029,636 3,910,188 SH   SOLE 0 2,154,670 0 1,755,518
Whole Foods Market COMMON STOCK 966837106 127,033,600 2,196,673 SH   SOLE 0 1,175,756 0 1,020,917
Adobe Systems, Inc. COMMON STOCK 00724f101 142,609,909 2,381,595 SH   SOLE 0 1,324,405 0 1,057,190
E M C Corp. COMMON STOCK 268648102 138,036,806 5,488,541 SH   SOLE 0 2,995,903 0 2,492,638
Oracle Corp. COMMON STOCK 68389X105 148,123,781 3,871,505 SH   SOLE 0 2,156,725 0 1,714,780
Qualcomm, Inc. COMMON STOCK 747525103 139,196,393 1,874,699 SH   SOLE 0 1,042,762 0 831,937
eBay, Inc. COMMON STOCK 278642103 138,755,862 2,529,272 SH   SOLE 0 1,392,108 0 1,137,164
Crown Castle Int'l. COMMON STOCK 228227104 129,793,399 1,767,580 SH   SOLE 0 964,903 0 802,677
Consumer Discretionary Select Sect SPDR Fd COMMON STOCK 81369y407 512,987 7,676 SH   SOLE 0 7,676 0 0
Consumer Staples Select Sector SPDR Fund COMMON STOCK 81369Y308 500,330 11,641 SH   SOLE 0 11,641 0 0
Health Care Select Sector SPDR Fund COMMON STOCK 81369y209 407,928 7,358 SH   SOLE 0 7,358 0 0
SPDR Barclays High Yield Bond ETF COMMON STOCK 78464A417 54,148 1,335 SH   SOLE 0 1,335 0 0
SPDR Tr Unit Ser 1 COMMON STOCK 78462F103 2,198,365 11,903 SH   SOLE 0 11,903 0 0
Technology Select Sector SPDR Fund COMMON STOCK 81369y803 622,948 17,430 SH   SOLE 0 17,430 0 0
Vanguard Extended Market ETF COMMON STOCK 922908652 571,788 6,914 SH   SOLE 0 6,914 0 0
Vanguard FTSE All-World ex-US ETF COMMON STOCK 922042775 1,730,147 34,105 SH   SOLE 0 34,105 0 0
iShares 1-3 Year Credit Bond ETF COMMON STOCK 464288646 185,821 1,762 SH   SOLE 0 1,762 0 0
iShares MSCI All Country Asia ex Japan ETF COMMON STOCK 464288182 368,615 6,112 SH   SOLE 0 6,112 0 0
iShares Russell 3000 ETF COMMON STOCK 464287689 159,225 1,439 SH   SOLE 0 1,439 0 0
iShares iBoxx $ Invest. Grade Corp Bd ETF COMMON STOCK 464287242 79,248 694 SH   SOLE 0 694 0 0