0001505708-12-000003.txt : 20120813 0001505708-12-000003.hdr.sgml : 20120813 20120813113800 ACCESSION NUMBER: 0001505708-12-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120630 FILED AS OF DATE: 20120813 DATE AS OF CHANGE: 20120813 EFFECTIVENESS DATE: 20120813 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Standard Life Investments LTD CENTRAL INDEX KEY: 0001505708 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14115 FILM NUMBER: 121026561 BUSINESS ADDRESS: STREET 1: 1 GEORGE STREET CITY: EDINBURGH STATE: X0 ZIP: EH2 2LL BUSINESS PHONE: 617-720-7922 MAIL ADDRESS: STREET 1: 1 GEORGE STREET CITY: EDINBURGH STATE: X0 ZIP: EH2 2LL 13F-HR 1 slilq22012.txt
Form 13F Holding Report
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON DC 20549

FORM 13F

FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 06/30/12

Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
                                  [ ] adds new holdings entries

Institutional Investment Manager Filing this Report:

Name: Standard Life Investments LTD
Address: 1 Beacon Street 34th Floor
         Boston, MA 02108

13F File Number:  28-14115

The institutional investment manager filing this report
and the person by whom it is signed hereby represent that
the person signing the report is authorized to submit it,
that all information contained herein is true, correct and
complete, and that it is understood that all required items,
statements, schedules, lists, and tables, are considered
integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name : Eric Rose
Title: U.S. Manager - Risk & Compliance
Phone: 617-720-7922

Signature, Place, and Date of Signing:

Eric Rose, Boston, MA 07/17/12

Report Type (Check only one.):

[X] 13F HOLDINGS REPORT. (Check here if all holdings of this
reporting manager are reported in this report.)

[ ] 13F NOTICE. (Check here if no holdings reported are in this
report, and all holdings are reported by other reporting
manager(s).)

[ ] 13F COMBINATION REPORT. (Check here if a portion of the
holdings for this reporting manager are reported in this report
and a portion are reported by other reporting manager(s).)


List of Other Managers Reporting for this Manager:





FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers: 2

Form 13F Information Table Entry Total: 1

Form 13F Information Table Value Total: 11875664

List of Other Included Managers:
No    Form 13F File Number                  Name
----- ------------------------------------- -----------------------------------
1     028-06065                             Standard Life Investments (USA) LTD
2     028-                                  Standard Life Investments (CF) LTD

                                            
                                               FORM 13F INFORMATION TABLE
                                                          VALUE    SHARES/  SH/ PUT/ INVSTMT OTHER        VOTING AUTHORITY
NAME OF ISSUER                 TITLE OF CLASS   CUSIP     (x$1000) PRN AMT  PRN CALL DSCRETN MANAGERS     SOLE     SHARED   NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- ----
ABB Ltd.                       Equity Foreign   000375204     1480    90700 SH       SOLE                    90700
AFLAC Incorporated             Equity U.S. Equ  001055102      773    18161 SH       SOLE                    18161
AES Corporation, (The)         Equity U.S. Equ  00130H105      321    25025 SH       SOLE                    25025
AT&T Inc.                      Equity U.S. Equ  00206R102    77247  2166404 SH       SOLE                  2166404
AT&T Inc                       Common StockUSD  00206R102   197920  5550973 SH       SOLE    1             5550973
Abbott Laboratories            Equity U.S. Equ  002824100     5663    87841 SH       SOLE                    87841
Acuity Brands Inc.             Equity U.S. Equ  00508Y102    37383   734767 SH       SOLE                   734767
Acuity Brands Inc              Common StockUSD  00508Y102    80521  1583031 SH       SOLE    1             1583031
Adobe Systems Incorporated     Equity U.S. Equ  00724F101      623    19258 SH       SOLE                    19258
Advanced Micro Devices Inc.    Equity U.S. Equ  007903107      131    22868 SH       SOLE                    22868
Aetna Inc.                     Equity U.S. Equ  00817Y108      523    13493 SH       SOLE                    13493
Agilent Technologies Inc.      Equity U.S. Equ  00846U101      530    13496 SH       SOLE                    13496
Air Products & Chemicals Inc.  Equity U.S. Equ  009158106      703     8711 SH       SOLE                     8711
Airgas Inc                     Equity U.S. Equ  009363102      226     2688 SH       SOLE                     2688
Akamai Technologies            Equity U.S. Equ  00971T101      221     6959 SH       SOLE                     6959
Alcoa Inc.                     Equity U.S. Equ  013817101      362    41408 SH       SOLE                    41408
Alexion Pharmaceuticals        Equity U.S. Equ  015351109      740     7454 SH       SOLE                     7454
Allegheny Technologies Inc.    Equity U.S. Equ  01741R102     1487    46596 SH       SOLE                    46596
Allegheny Technologies Inc     Common StockUSD  01741R102    10277   322221 SH       SOLE    1              322221
Allergan Inc.                  Equity U.S. Equ  018490102     1176    12704 SH       SOLE                    12704
Allstate Corporation, (The)    Equity U.S. Equ  020002101      670    19083 SH       SOLE                    19083
Altera Corporation             Equity U.S. Equ  021441100    21064   622536 SH       SOLE                   622536
Altera Corp                    Common StockUSD  021441100     1776    52500 SH       SOLE    1               52500
Altria Group Inc.              Equity U.S. Equ  02209S103    82436  2385936 SH       SOLE                  2385936
Altria Group Inc               Common StockUSD  02209S103   134977  3905006 SH       SOLE    1             3905006
Amazon.com, Inc.               Equity U.S. Equ  023135106     8836    38693 SH       SOLE                    38693
Amazon.com Inc                 Common StockUSD  023135106     5261    23040 SH       SOLE    1               23040
Ameren Corporation             Equity U.S. Equ  023608102      316     9424 SH       SOLE                     9424
American Electric Power Co.Inc Equity U.S. Equ  025537101      750    18800 SH       SOLE                    18800
American Express Company       Equity U.S. Equ  025816109     2263    38868 SH       SOLE                    38868
American International Group   Equity U.S. Equ  026874784      797    24824 SH       SOLE                    24824
American Tower Corporation     Equity U.S. Equ  03027X100     1071    15324 SH       SOLE                    15324
AmerisourceBergen Corporation  Equity U.S. Equ  03073E105     8783   223241 SH       SOLE                   223241
AmerisourceBergen Corp         Common StockUSD  03073E105    50437  1282233 SH       SOLE    1             1282233
Ameriprise Financial Inc.      Equity U.S. Equ  03076C106      444     8491 SH       SOLE                     8491
AMETEK, Inc.                   Equity U.S. Equ  031100100     1576    31575 SH       SOLE                    31575
Amgen Inc.                     Equity U.S. Equ  031162100     9969   136556 SH       SOLE                   136556
Amphenol Corporation           Equity U.S. Equ  032095101      346     6292 SH       SOLE                     6292
Anadarko Petroleum Corporation Equity U.S. Equ  032511107    13714   207125 SH       SOLE                   207125
Anadarko Petroleum Corp        Common StockUSD  032511107    36971   558349 SH       SOLE    1              558349
Analog Devices Inc.            Equity U.S. Equ  032654105      436    11586 SH       SOLE                    11586
Apache Corporation             Equity U.S. Equ  037411105     1334    15178 SH       SOLE                    15178
Apple Inc.                     Equity U.S. Equ  037833100   127879   218972 SH       SOLE                   218972
Apple                          Common StockUSD  037833100   390777   669144 SH       SOLE    1              669144
Applied Materials Inc.         Equity U.S. Equ  038222105      569    49754 SH       SOLE                    49754
Archer Daniels Midland Company Equity U.S. Equ  039483102      755    25563 SH       SOLE                    25563
AsiaInfo-Linkage Inc           Common StockUSD  04518A104      392    33260 SH       SOLE    1               33260
Autodesk Inc.                  Equity U.S. Equ  052769106      312     8923 SH       SOLE                     8923
Automatic Data Processing Inc. Equity U.S. Equ  053015103     1751    31464 SH       SOLE                    31464
AutoZone Inc.                  Equity U.S. Equ  053332102      380     1035 SH       SOLE                     1035
AvalonBay Communities Inc.     Equity U.S. Equ  053484101    12920    91274 SH       SOLE                    91274
Avon Products Inc.             Equity U.S. Equ  054303102      272    16770 SH       SOLE                    16770
BB&T Corporation               Equity U.S. Equ  054937107     1276    41349 SH       SOLE                    41349
BMC Software Inc.              Equity U.S. Equ  055921100      267     6256 SH       SOLE                     6256
Baidu Inc                      ADRUSD.00005     056752108    21832   189865 SH       SOLE                   189865
Baidu Inc                      ADRUSD.00005     056752108     1112     9673 SH       SOLE    1                9673
Baker Hughes Incorporated      Equity U.S. Equ  057224107      700    17029 SH       SOLE                    17029
Ball Corporation               Equity U.S. Equ  058498106      250     6087 SH       SOLE                     6087
Bank of America Corporation    Equity U.S. Equ  060505104     3422   418341 SH       SOLE                   418341
Bank Hapoalim BM               ADRUSD           062510300      152    10000 SH       SOLE                    10000
Bank of New York Mellon Corp   Equity U.S. Equ  064058100     1356    61799 SH       SOLE                    61799
C.R. Bard Inc.                 Equity U.S. Equ  067383109      350     3260 SH       SOLE                     3260
Baxter International Inc.      Equity U.S. Equ  071813109    30891   581163 SH       SOLE                   581163
Baxter International Inc       Common StockUSD  071813109    66644  1253774 SH       SOLE    1             1253774
BE Aerospace Inc.              Equity U.S. Equ  073302101     6593   151000 SH       SOLE                   151000
Beam Inc                       Equity U.S. Equ  073730103    23232   371811 SH       SOLE                   371811
Beam                           Common StockUSD  073730103   106585  1705899 SH       SOLE    1             1705899
Becton, Dickinson and Company  Equity U.S. Equ  075887109     1036    13862 SH       SOLE                    13862
Bed Bath & Beyond Inc.         Equity U.S. Equ  075896100      558     9029 SH       SOLE                     9029
Bemis Company Inc.             Equity U.S. Equ  081437105     1059    33797 SH       SOLE                    33797
Berkshire Hathaway Inc         Equity U.S. Equ  084670702     5689    68265 SH       SOLE                    68265
Best Buy Co. Inc.              Equity U.S. Equ  086516101      226    10764 SH       SOLE                    10764
BHP Billiton Limited           Equity Foreign   088606108    43503   666200 SH       SOLE                   666200
Biogen Idec Inc.               Equity U.S. Equ  09062X103     1343     9305 SH       SOLE                     9305
BlackRock Inc.                 Equity U.S. Equ  09247X101      845     4977 SH       SOLE                     4977
H&R Block Inc.                 Equity U.S. Equ  093671105      182    11402 SH       SOLE                    11402
Boeing Company, (The)          Equity U.S. Equ  097023105    12316   165755 SH       SOLE                   165755
Boeing Co/The                  Common StockUSD  097023105    83408  1122354 SH       SOLE    1             1122354
BorgWarner Inc                 Equity U.S. Equ  099724106    39758   606042 SH       SOLE                   606042
BorgWarner                     Common StockUSD  099724106   111383  1697783 SH       SOLE    1             1697783
Boston Properties, Inc.        Equity U.S. Equ  101121101    10998   101526 SH       SOLE                   101526
Boston Scientific Corporation  Equity U.S. Equ  101137107      315    55481 SH       SOLE                    55481
Brandywine Realty Trust        REITUSD.01       105368203     1580   128000 SH       SOLE                   128000
Bristol-Myers Squibb Company   Equity U.S. Equ  110122108     3328    92566 SH       SOLE                    92566
Broadcom Corporation           Equity U.S. Equ  111320107     3321    98286 SH       SOLE                    98286
Broadcom Corp                  Common StockUSD  111320107    65684  1943603 SH       SOLE    1             1943603
Brown-Forman Corporation       Equity U.S. Equ  115637209      373     3854 SH       SOLE                     3854
CBL & Associates Properties In REITUSD.01       124830100     1982   101473 SH       SOLE                   101473
CBS Corporation                Equity U.S. Equ  124857202     1025    31260 SH       SOLE                    31260
CBRE Group Inc.                Equity U.S. Equ  12504L109      208    12736 SH       SOLE                    12736
CF Industries Holdings Inc.    Equity U.S. Equ  125269100      492     2539 SH       SOLE                     2539
CH Robinson Worldwide Inc      Equity U.S. Equ  12541W209      370     6314 SH       SOLE                     6314
Cigna Corporation              Equity U.S. Equ  125509109      493    11197 SH       SOLE                    11197
CME Group Inc                  Equity U.S. Equ  12572Q105     4396    16398 SH       SOLE                    16398
CME Group Inc                  Common StockUSD  12572Q105    32024   119444 SH       SOLE    1              119444
CMS Energy Corporation         Equity U.S. Equ  125896100     7014   298551 SH       SOLE                   298551
CMS Energy Corp                Common StockUSD  125896100    42418  1806179 SH       SOLE    1             1806179
CSX Corporation                Equity U.S. Equ  126408103    13007   581843 SH       SOLE                   581843
CSX Corp                       Common StockUSD  126408103    75720  3388697 SH       SOLE    1             3388697
CVSCaremark Corp               Equity U.S. Equ  126650100    24474   523637 SH       SOLE                   523637
CVS Caremark Corp              Common StockUSD  126650100    35322   755718 SH       SOLE    1              755718
CA Inc                         Equity U.S. Equ  12673P105      372    13743 SH       SOLE                    13743
Cabot Oil & Gas Corporation    Equity U.S. Equ  127097103      321     8149 SH       SOLE                     8149
Calpine Corp                   Equity U.S. Equ  131347304    20964  1269454 SH       SOLE                  1269454
Calpine Corp                   Common StockUSD  131347304   123149  7456802 SH       SOLE    1             7456802
Camden Property Trust          REITUSD.01       133131102     5934    87678 SH       SOLE                    87678
Cameron International Corp.    Equity U.S. Equ  13342B105      409     9565 SH       SOLE                     9565
Campbell Soup Company          Equity U.S. Equ  134429109      229     6873 SH       SOLE                     6873
Capital One Financial Corp.    Equity U.S. Equ  14040H105     1232    22533 SH       SOLE                    22533
Cardinal Health Inc.           Equity U.S. Equ  14149Y108      564    13440 SH       SOLE                    13440
CareFusion Corporation         Equity U.S. Equ  14170T101      221     8617 SH       SOLE                     8617
Carmax Inc                     Equity U.S. Equ  143130102      230     8861 SH       SOLE                     8861
Carnival Corporation           Equity Foreign   143658300     2577    75210 SH       SOLE                    75210
Caterpillar Inc.               Equity U.S. Equ  149123101     5139    60525 SH       SOLE                    60525
Caterpillar Inc                Common StockUSD  149123101    15303   180242 SH       SOLE    1              180242
Celgene Corporation            Equity U.S. Equ  151020104    12419   193580 SH       SOLE                   193580
Celgene Corp                   Common StockUSD  151020104     3726    58084 SH       SOLE    1               58084
CenterPoint Energy, Inc.       Equity U.S. Equ  15189T107      343    16595 SH       SOLE                    16595
CenturyLink Inc.               Equity U.S. Equ  156700106    13162   333307 SH       SOLE                   333307
CenturyLink                    Common StockUSD  156700106   146672  3714620 SH       SOLE    1             3714620
Cerner Corporation             Equity U.S. Equ  156782104      471     5692 SH       SOLE                     5692
Chesapeake Energy Corporation  Equity U.S. Equ  165167107      478    25711 SH       SOLE                    25711
Chevron Corporation            Equity U.S. Equ  166764100    23930   226847 SH       SOLE                   226847
Chevron Corp                   Common StockUSD  166764100   155145  1471195 SH       SOLE    1             1471195
Chipotle Mexican Grill, Inc.   Equity U.S. Equ  169656105      468     1231 SH       SOLE                     1231
Chubb Corporation, (The)       Equity U.S. Equ  171232101      763    10484 SH       SOLE                    10484
Cincinnati Financial Corp.     Equity U.S. Equ  172062101      240     6304 SH       SOLE                     6304
Cisco Systems Inc.             Equity U.S. Equ  17275R102     8055   469132 SH       SOLE                   469132
Cisco Systems Inc              Common StockUSD  17275R102    11554   673121 SH       SOLE    1              673121
Citigroup Inc.                 Equity U.S. Equ  172967424    44707  1631458 SH       SOLE                  1631458
Citigroup Inc                  Common StockUSD  172967424   123958  4524015 SH       SOLE    1             4524015
Citrix Systems Inc.            Equity U.S. Equ  177376100      607     7232 SH       SOLE                     7232
Cliffs Natural Resources Inc.  Equity U.S. Equ  18683K101      302     6133 SH       SOLE                     6133
Clorox Company, (The)          Equity U.S. Equ  189054109      366     5052 SH       SOLE                     5052
Coach Inc.                     Equity U.S. Equ  189754104      652    11157 SH       SOLE                    11157
Coca-Cola Company, (The)       Equity U.S. Equ  191216100    23354   298678 SH       SOLE                   298678
Coca-Cola Co/The               Common StockUSD  191216100    29054   371607 SH       SOLE    1              371607
Coca Cola Enterprises          Equity U.S. Equ  19122T109      326    11643 SH       SOLE                    11643
Cognizant Technology Solutions Common StockUSD  192446102     5691    94848 SH       SOLE                    94848
Cognizant Technology Solutions Common StockUSD  192446102    77546  1292549 SH       SOLE    1             1292549
Colgate-Palmolive Company      Equity U.S. Equ  194162103     3079    29576 SH       SOLE                    29576
Comcast Corporation            Equity U.S. Equ  20030N101    20977   656203 SH       SOLE                   656203
Comcast Corp                   Common StockUSD  20030N101     1723    53913 SH       SOLE    1               53913
Comerica Incorporated          Equity U.S. Equ  200340107      235     7636 SH       SOLE                     7636
ConAgra Foods Inc.             Equity U.S. Equ  205887102      418    16131 SH       SOLE                    16131
ConocoPhillips                 Equity U.S. Equ  20825C104     9722   173987 SH       SOLE                   173987
CONSOL Energy Inc.             Equity U.S. Equ  20854P109      267     8838 SH       SOLE                     8838
Consolidated Edison Inc.       Equity U.S. Equ  209115104      707    11376 SH       SOLE                    11376
Corning Incorporated           Equity U.S. Equ  219350105      762    58911 SH       SOLE                    58911
Costco Wholesale Corporation   Equity U.S. Equ  22160K105     1595    16792 SH       SOLE                    16792
Crown Castle International Cor Equity U.S. Equ  228227104      587    10012 SH       SOLE                    10012
Cummins Inc.                   Equity U.S. Equ  231021106     1363    14064 SH       SOLE                    14064
Cummins Inc                    Common StockUSD  231021106    14261   147180 SH       SOLE    1              147180
DDR Corp                       REITUSD.1        23317H102     8114   554226 SH       SOLE                   554226
D.R. Horton, Inc.              Equity U.S. Equ  23331A109      200    10881 SH       SOLE                    10881
DTE Energy Company             Equity U.S. Equ  233331107      392     6606 SH       SOLE                     6606
Danaher Corporation            Equity U.S. Equ  235851102     1162    22320 SH       SOLE                    22320
Darden Restaurant Inc.         Equity U.S. Equ  237194105      253     4996 SH       SOLE                     4996
DaVita Inc                     Equity U.S. Equ  23918K108      816     8306 SH       SOLE                     8306
Deere & Company                Equity U.S. Equ  244199105     1532    18947 SH       SOLE                    18947
Dell Inc.                      Equity U.S. Equ  24702R101      722    57707 SH       SOLE                    57707
Delta Air Lines Inc            Common StockUSD  247361702    26303  2392268 SH       SOLE    1             2392268
Denbury Resources Inc.         Equity U.S. Equ  247916208      229    15171 SH       SOLE                    15171
Dendreon Corp                  Equity U.S. Equ  24823Q107     1578   213402 SH       SOLE                   213402
Dendreon Corp                  Common StockUSD  24823Q107    13024  1761174 SH       SOLE    1             1761174
DENSTPLY International Inc.    Equity U.S. Equ  249030107      208     5505 SH       SOLE                     5505
Devon Energy Corporation       Equity U.S. Equ  25179M103      911    15706 SH       SOLE                    15706
Digital Realty Trust Inc       REITUSD.01       253868103     6150    81935 SH       SOLE                    81935
Walt Disney Company, (The)     Equity U.S. Equ  254687106   131137  2703925 SH       SOLE                  2703925
Walt Disney Co/The             Common StockUSD  254687106   188130  3879375 SH       SOLE    1             3879375
Discover Financial Services    Equity U.S. Equ  254709108      712    20587 SH       SOLE                    20587
Discovery Communications       Equity U.S. Equ  25470F104      535     9902 SH       SOLE                     9902
DIRECTV                        Equity U.S. Equ  25490A101     1241    25425 SH       SOLE                    25425
Dollar Tree Stores Inc.        Equity U.S. Equ  256746108     2906    54006 SH       SOLE                    54006
Dominion Resources Inc/VA      Common StockUSD  25746U109     3916    72522 SH       SOLE                    72522
Dominion Resources Inc/VA      Common StockUSD  25746U109    84059  1556941 SH       SOLE    1             1556941
Douglas Emmett Inc             REITUSD.01       25960P109     6720   291046 SH       SOLE                   291046
Dover Corporation              Equity U.S. Equ  260003108      382     7132 SH       SOLE                     7132
Dow Chemical Company, (The)    Equity U.S. Equ  260543103     1462    46401 SH       SOLE                    46401
Dr Pepper Snapple Group Inc    Equity U.S. Equ  26138E109    29549   675458 SH       SOLE                   675458
Dr Pepper Snapple Group        Common StockUSD  26138E109    99573  2276213 SH       SOLE    1             2276213
E.I. du Pont de Nemours and Co Equity U.S. Equ  263534109     1839    36373 SH       SOLE                    36373
EMC Corporation                Equity U.S. Equ  268648102    38269  1492532 SH       SOLE                  1492532
EMC Corp/MA                    Common StockUSD  268648102   140717  5487130 SH       SOLE    1             5487130
EOG Resources Inc.             Equity U.S. Equ  26875P101    13343   148071 SH       SOLE                   148071
EOG Resources Inc              Common StockUSD  26875P101   105871  1174848 SH       SOLE    1             1174848
EQT Corporation                Equity U.S. Equ  26884L109      312     5810 SH       SOLE                     5810
Eastman Chemical Company       Equity U.S. Equ  277432100      271     5376 SH       SOLE                     5376
Eaton Corporation              Equity U.S. Equ  278058102      520    13114 SH       SOLE                    13114
eBay Inc.                      Equity U.S. Equ  278642103    26757   636852 SH       SOLE                   636852
eBay Inc                       Common StockUSD  278642103     4703   111935 SH       SOLE    1              111935
Ecolab Inc.                    Equity U.S. Equ  278865100      777    11343 SH       SOLE                    11343
Edison International           Equity U.S. Equ  281020107      585    12653 SH       SOLE                    12653
Edwards Lifesciences Corp      Equity U.S. Equ  28176E108      460     4454 SH       SOLE                     4454
Electronic Arts Inc.           Equity U.S. Equ  285512109      152    12345 SH       SOLE                    12345
Electronic Arts Inc            Common StockUSD  285512109     2593   210075 SH       SOLE    1              210075
Emerson Electric Co.           Equity U.S. Equ  291011104     2459    52786 SH       SOLE                    52786
Entergy Corporation            Equity U.S. Equ  29364G103      467     6880 SH       SOLE                     6880
Equifax Inc.                   Equity U.S. Equ  294429105      218     4676 SH       SOLE                     4676
Equinix Inc                    Equity U.S. Equ  29444U502    17984   102361 SH       SOLE                   102361
Equinix Inc                    Common StockUSD  29444U502   126496   719913 SH       SOLE    1              719913
Equity One Inc                 REITUSD.01       294752100     1818    85700 SH       SOLE                    85700
Equity Residential             REITUSD.01       29476L107    18692   299637 SH       SOLE                   299637
Essex Property Trust Inc       REITUSD.0001     297178105     5267    34212 SH       SOLE                    34212
Evercore Partners Inc.         Equity U.S. Equ  29977A105     6283   268600 SH       SOLE                   268600
Exelon Corporation             Equity U.S. Equ  30161N101     1245    33089 SH       SOLE                    33089
Expeditors Int'l of WA         Equity U.S. Equ  302130109      320     8250 SH       SOLE                     8250
Express Scripts Inc.           Equity U.S. Equ  30219G108    45156   808875 SH       SOLE                   808875
Express Scripts Holding Co     Common StockUSD  30219G108   114667  2054047 SH       SOLE    1             2054047
Exxon Mobil Corporation        Equity U.S. Equ  30231G102    48594   567839 SH       SOLE                   567839
Exxon Mobil Corp               Common StockUSD  30231G102   271715  3174431 SH       SOLE    1             3174431
FMC Corporation                Equity U.S. Equ  302491303      285     5326 SH       SOLE                     5326
FMC Technologies Inc           Equity U.S. Equ  30249U101      411    10486 SH       SOLE                    10486
Facebook Inc                   Common StockUSD  30303M102     1109    35650 SH       SOLE                    35650
Family Dollar Stores           Equity U.S. Equ  307000109      301     4533 SH       SOLE                     4533
Fastenal Co                    Equity U.S. Equ  311900104      462    11470 SH       SOLE                    11470
Federal Realty Investment Trus REITUSD.01       313747206     9208    88500 SH       SOLE                    88500
FedEx Corporation              Equity U.S. Equ  31428X106     8643    94353 SH       SOLE                    94353
FedEx Corp                     Common StockUSD  31428X106    97794  1067674 SH       SOLE    1             1067674
F5 Networks, Inc.              Equity U.S. Equ  315616102      307     3084 SH       SOLE                     3084
Fidelity National Information  Equity U.S. Equ  31620M106      316     9276 SH       SOLE                     9276
Fifth Third Bancorp            Equity U.S. Equ  316773100      479    35715 SH       SOLE                    35715
51job, Inc.                    Equity Foreign   316827104    15277   335854 SH       SOLE                   335854
51job                          ADRUSD.0001      316827104     1050    23094 SH       SOLE    1               23094
Fiserv Inc.                    Equity U.S. Equ  337738108     2006    27771 SH       SOLE                    27771
FirstEnergy Corp.              Equity U.S. Equ  337932107      799    16243 SH       SOLE                    16243
Fluor Corporation              Equity U.S. Equ  343412102      324     6569 SH       SOLE                     6569
Flowserve Corporation          Equity U.S. Equ  34354P105      242     2113 SH       SOLE                     2113
Ford Motor Company             Equity U.S. Equ  345370860     1421   148141 SH       SOLE                   148141
Forest Laboratories, Inc       Equity U.S. Equ  345838106      361    10318 SH       SOLE                    10318
Franklin Resources Inc.        Equity U.S. Equ  354613101      612     5515 SH       SOLE                     5515
Freeport-McMoRan Copper & Gold Equity U.S. Equ  35671D857     1572    46142 SH       SOLE                    46142
Frontier Communications        Equity U.S. Equ  35906A108      148    38756 SH       SOLE                    38756
Arthur J Gallagher & Co        Equity U.S. Equ  363576109     8202   233760 SH       SOLE                   233760
Arthur J Gallagher & Co        Common StockUSD  363576109    22438   639439 SH       SOLE    1              639439
Gap Inc., (The)                Equity U.S. Equ  364760108      353    12920 SH       SOLE                    12920
Gardner Denver Inc.            Equity U.S. Equ  365558105     2185    41300 SH       SOLE                    41300
General Dynamics Corporation   Equity U.S. Equ  369550108    13425   203544 SH       SOLE                   203544
General Dynamics Corp          Common StockUSD  369550108   129759  1967689 SH       SOLE    1             1967689
General Electric Company       Equity U.S. Equ  369604103   144999  6959443 SH       SOLE                  6959443
General Electric Co            Common StockUSD  369604103   189797  9113919 SH       SOLE    1             9113919
General Growth Properties Inc  REITUSD.01       370023103    11897   658000 SH       SOLE                   658000
General Mills Inc.             Equity U.S. Equ  370334104      968    25126 SH       SOLE                    25126
Genuine Parts Company          Equity U.S. Equ  372460105      365     6055 SH       SOLE                     6055
Genworth Financial Inc.        Equity U.S. Equ  37247D106      108    19079 SH       SOLE                    19079
Gilead Sciences, Inc.          Equity U.S. Equ  375558103     8807   171753 SH       SOLE                   171753
Gilead Sciences Inc            Common StockUSD  375558103    97804  1907433 SH       SOLE    1             1907433
Goldman Sachs Group, Inc. (The Equity U.S. Equ  38141G104     2482    25895 SH       SOLE                    25895
Goldman Sachs Group Inc/The    Common StockUSD  38141G104    23838   248948 SH       SOLE    1              248948
Goodrich Corporation           Equity U.S. Equ  382388106      621     4891 SH       SOLE                     4891
Google Inc.                    Equity U.S. Equ  38259P508    35929    61940 SH       SOLE                    61940
Google                         Common StockUSD  38259P508    60151   103700 SH       SOLE    1              103700
Grainger W W Inc               Equity U.S. Equ  384802104     1504     7864 SH       SOLE                     7864
HCP Inc                        REITUSD1         40414L109     3204    72590 SH       SOLE                    72590
Halliburton Company            Equity U.S. Equ  406216101    14513   510982 SH       SOLE                   510982
Halliburton Co                 Common StockUSD  406216101    65481  2304468 SH       SOLE    1             2304468
Hanesbrands Inc                Equity U.S. Equ  410345102     2653    95680 SH       SOLE                    95680
Hanesbrands Inc                Common StockUSD  410345102    56719  2044651 SH       SOLE    1             2044651
Harley-Davidson Inc.           Equity U.S. Equ  412822108      411     8992 SH       SOLE                     8992
Hartford Financial Services    Equity U.S. Equ  416515104      455    25787 SH       SOLE                    25787
Health Care REIT, Inc          Equity U.S. Equ  42217K106     1563    26804 SH       SOLE                    26804
H.J. Heinz Company             Equity U.S. Equ  423074103      676    12424 SH       SOLE                    12424
Helmerich & Payne Inc.         Equity U.S. Equ  423452101      224     5163 SH       SOLE                     5163
Hershey Company                Equity U.S. Equ  427866108      425     5903 SH       SOLE                     5903
Hess Corporation               Equity U.S. Equ  42809H107      513    11807 SH       SOLE                    11807
Hewlett-Packard Company        Equity U.S. Equ  428236103     1544    76757 SH       SOLE                    76757
Home Depot Inc/The             Common StockUSD  437076102    47274   892182 SH       SOLE                   892182
Home Depot Inc/The             Common StockUSD  437076102    83191  1570084 SH       SOLE    1             1570084
Honeywell International Inc.   Equity U.S. Equ  438516106     1689    30245 SH       SOLE                    30245
Hospira Inc.                   Equity U.S. Equ  441060100      224     6414 SH       SOLE                     6414
Host Hotels & Resorts Inc      REITUSD.01       44107P104     5674   359002 SH       SOLE                   359002
Hudson City Bancorp Inc        Equity U.S. Equ  443683107      131    20501 SH       SOLE                    20501
Humana Inc.                    Equity U.S. Equ  444859102      491     6336 SH       SOLE                     6336
JB Hunt Transport Services Inc Equity U.S. Equ  445658107    43638   731860 SH       SOLE                   731860
JB Hunt Transport Services Inc Common StockUSD  445658107    85860  1439878 SH       SOLE    1             1439878
Huntington Bancshares Inc.     Equity U.S. Equ  446150104      215    33563 SH       SOLE                    33563
Illinois Tool Works Inc.       Equity U.S. Equ  452308109      980    18530 SH       SOLE                    18530
Informatica Corp               Equity U.S. Equ  45666Q102      881    20800 SH       SOLE                    20800
Intel Corporation              Equity U.S. Equ  458140100     5204   195288 SH       SOLE                   195288
IntercontinentalExchange Inc   Equity U.S. Equ  45865V100      383     2816 SH       SOLE                     2816
IntercontinentalExchange Inc   Common StockUSD  45865V100    22543   165804 SH       SOLE    1              165804
International Business Machine Equity U.S. Equ  459200101    39023   199522 SH       SOLE                   199522
International Game Technology  Equity U.S. Equ  459902102     1997   126772 SH       SOLE                   126772
International Game Technology  Common StockUSD  459902102    23386  1484374 SH       SOLE    1             1484374
International Paper Company    Equity U.S. Equ  460146103      491    16974 SH       SOLE                    16974
Interpublic Group of Companies Equity U.S. Equ  460690100      187    17207 SH       SOLE                    17207
Intuit Inc.                    Equity U.S. Equ  461202103      677    11406 SH       SOLE                    11406
Intuitive Surgical, Inc.       Equity U.S. Equ  46120E602      853     1541 SH       SOLE                     1541
Iridium Communications Inc     Equity U.S. Equ  46269C102     2926   326843 SH       SOLE                   326843
Iridium Communications Inc     Common StockUSD  46269C102    27839  3108721 SH       SOLE    1             3108721
Iron Mountain Inc              Equity U.S. Equ  462846106      219     6649 SH       SOLE                     6649
iShares                        Equity U.S. Equ  464287465    28375   567950 SH       SOLE                   567950
Israel Chemicals Ltd           ADRUSD           465036200      181    16750 SH       SOLE                    16750
JPMorgan Chase & Co.           Common StockUSD  46625H100   111258  3113683 SH       SOLE                  3113683
JPMorgan Chase & Co.           Common StockUSD  46625H100   156580  4381690 SH       SOLE    1             4381690
Johnson & Johnson              Equity U.S. Equ  478160104    13515   200031 SH       SOLE                   200031
Johnson Controls Inc.          Equity U.S. Equ  478366107      732    26404 SH       SOLE                    26404
Joy Global Inc.                Equity U.S. Equ  481165108      233     4101 SH       SOLE                     4101
Juniper Networks Inc.          Equity U.S. Equ  48203R104      335    20556 SH       SOLE                    20556
KLA-Tencor Corporation         Equity U.S. Equ  482480100      320     6499 SH       SOLE                     6499
KT Corp                        ADRUSD           48268K101      872    66256 SH       SOLE    1               66256
Kellogg Company                Equity U.S. Equ  487836108      473     9580 SH       SOLE                     9580
KeyCorp                        Equity U.S. Equ  493267108      286    36998 SH       SOLE                    36998
Kimberly-Clark Corporation     Equity U.S. Equ  494368103     1587    18947 SH       SOLE                    18947
Kimco Realty Corporation       Equity U.S. Equ  49446R109     8655   454900 SH       SOLE                   454900
Kinder Morgan Inc              Equity U.S. Equ  49456B101      632    19602 SH       SOLE                    19602
Kohl's Corporation             Equity U.S. Equ  500255104    12800   281420 SH       SOLE                   281420
Kohl's Corp                    Common StockUSD  500255104     2965    65183 SH       SOLE    1               65183
Kraft Foods Inc.               Equity U.S. Equ  50075N104    20106   520627 SH       SOLE                   520627
Kraft Foods Inc                Common StockUSD  50075N104    89388  2314862 SH       SOLE    1             2314862
Kroger Co                      Equity U.S. Equ  501044101     2147    92575 SH       SOLE                    92575
LSI Corporation                Equity U.S. Equ  502161102      141    22083 SH       SOLE                    22083
L-3 Communications Holdings    Equity U.S. Equ  502424104      280     3784 SH       SOLE                     3784
Laboratory Corp. of Amer Hldgs Equity U.S. Equ  50540R409      348     3761 SH       SOLE                     3761
Lam Research Corp              Equity U.S. Equ  512807108      295     7823 SH       SOLE                     7823
The Estee Lauder Companies Inc Equity U.S. Equ  518439104     9755   180232 SH       SOLE                   180232
Estee Lauder Cos Inc/The       Common StockUSD  518439104    36770   679293 SH       SOLE    1              679293
Life Technologies Corporation  Equity U.S. Equ  53217V109      312     6935 SH       SOLE                     6935
Eli Lilly and Company          Equity U.S. Equ  532457108     1701    39640 SH       SOLE                    39640
Limited Brands Inc.            Equity U.S. Equ  532716107      399     9384 SH       SOLE                     9384
Lincoln National Corporation   Equity U.S. Equ  534187109      480    21938 SH       SOLE                    21938
Linear Technology Corporation  Equity U.S. Equ  535678106      885    28240 SH       SOLE                    28240
Lockheed Martin Corporation    Equity U.S. Equ  539830109      900    10330 SH       SOLE                    10330
Lockheed Martin Corp           Common StockUSD  539830109    47324   543451 SH       SOLE    1              543451
Loews Corporation              Equity U.S. Equ  540424108      485    11867 SH       SOLE                    11867
Lorillard Inc                  Equity U.S. Equ  544147101      669     5068 SH       SOLE                     5068
Lowe's Cos Inc                 Common StockUSD  548661107    29232  1027943 SH       SOLE                  1027943
Lowe's Cos Inc                 Common StockUSD  548661107   137569  4838013 SH       SOLE    1             4838013
M&T Bank Corporation           Equity U.S. Equ  55261F104      770     9326 SH       SOLE                     9326
Macerich Co/The                REITUSD.01       554382101     6160   104326 SH       SOLE                   104326
Mack-Cali Realty Corp          REITUSD.01       554489104      990    34017 SH       SOLE                    34017
Macy's Inc                     Equity U.S. Equ  55616P104    12838   373747 SH       SOLE                   373747
Macy's Inc                     Common StockUSD  55616P104    16826   489921 SH       SOLE    1              489921
Marathon Oil Corp              Equity U.S. Equ  565849106      700    27378 SH       SOLE                    27378
Marathon Petroleum Corp.       Equity U.S. Equ  56585A102      594    13232 SH       SOLE                    13232
Marsh & McLennan Companies Inc Equity U.S. Equ  571748102     5427   168379 SH       SOLE                   168379
Marriott International Inc.    Equity U.S. Equ  571903202      403    10283 SH       SOLE                    10283
Masco Corporation              Equity U.S. Equ  574599106      192    13869 SH       SOLE                    13869
Mastercard Inc                 Equity U.S. Equ  57636Q104    36168    84092 SH       SOLE                    84092
Mastercard Inc                 Common StockUSD  57636Q104   108037   251193 SH       SOLE    1              251193
Mattel Inc.                    Equity U.S. Equ  577081102      429    13228 SH       SOLE                    13228
McCormick & Company Inc.       Equity U.S. Equ  579780206      313     5155 SH       SOLE                     5155
McDonald's Corporation         Equity U.S. Equ  580135101    14648   165465 SH       SOLE                   165465
McDonald's Corp                Common StockUSD  580135101    11731   132528 SH       SOLE    1              132528
McGraw-Hill Cos. Inc. (The)    Equity U.S. Equ  580645109      489    10862 SH       SOLE                    10862
McKesson Corporation           Equity U.S. Equ  58155Q103     6131    65396 SH       SOLE                    65396
McKesson Corp                  Common StockUSD  58155Q103    90378   964080 SH       SOLE    1              964080
Mead Johnson Nutrition Company Equity U.S. Equ  582839106    37057   460296 SH       SOLE                   460296
Mead Johnson Nutrition Co      Common StockUSD  582839106   117649  1461391 SH       SOLE    1             1461391
Medicis Pharmaceutical Corp.   Equity U.S. Equ  584690309    22224   650504 SH       SOLE                   650504
Medicis Pharmaceutical Corp    Common StockUSD  584690309    80502  2355932 SH       SOLE    1             2355932
Medtronic Inc.                 Equity U.S. Equ  585055106     1564    40394 SH       SOLE                    40394
Merck & Co., Inc.              Equity U.S. Equ  58933Y105    33238   796140 SH       SOLE                   796140
Merck & Co Inc                 Common StockUSD  58933Y105   120351  2883014 SH       SOLE    1             2883014
MetLife Inc.                   Equity U.S. Equ  59156R108     4144   134336 SH       SOLE                   134336
MetroPCS Communications, Inc.  Equity U.S. Equ  591708102       69    11426 SH       SOLE                    11426
Microsoft Corporation          Equity U.S. Equ  594918104    34865  1139806 SH       SOLE                  1139806
Microsoft Corp                 Common StockUSD  594918104   151652  4958368 SH       SOLE    1             4958368
Microchip Technology Inc.      Equity U.S. Equ  595017104      249     7518 SH       SOLE                     7518
Micron Technology Inc.         Equity U.S. Equ  595112103    11168  1772942 SH       SOLE                  1772942
Micron Technology Inc          Common StockUSD  595112103    73415 11662507 SH       SOLE    1            11662507
Molson Coors Brewing Company   Equity U.S. Equ  60871R209      254     6105 SH       SOLE                     6105
Monsanto Company               Equity U.S. Equ  61166W101    26552   320766 SH       SOLE                   320766
Monsanto Co                    Common StockUSD  61166W101     3504    42335 SH       SOLE    1               42335
Monster Beverage Corp          Equity U.S. Equ  611740101      423     5941 SH       SOLE                     5941
Moody's Corporation            Equity U.S. Equ  615369105      281     7678 SH       SOLE                     7678
Morgan Stanley                 Equity U.S. Equ  617446448      862    59115 SH       SOLE                    59115
The Mosaic Company             Equity U.S. Equ  61945C103      633    11566 SH       SOLE                    11566
Motorola Solutions Inc.        Equity U.S. Equ  620076307      546    11339 SH       SOLE                    11339
Murphy Oil Corporation         Equity U.S. Equ  626717102      379     7542 SH       SOLE                     7542
Mylan Inc.                     Equity U.S. Equ  628530107      356    16647 SH       SOLE                    16647
NYSE Euronext                  Equity U.S. Equ  629491101      252     9865 SH       SOLE                     9865
National Oilwell Varco, Inc.   Equity U.S. Equ  637071101    42823   664592 SH       SOLE                   664592
National Oilwell Varco Inc     Common StockUSD  637071101   110293  1711694 SH       SOLE    1             1711694
NetApp Inc                     Equity U.S. Equ  64110D104      448    14093 SH       SOLE                    14093
Newell Rubbermaid In           Equity U.S. Equ  651229106      204    11258 SH       SOLE                    11258
Newmont Mng Corp               Equity U.S. Equ  651639106      933    19235 SH       SOLE                    19235
Newmont Mining Corp            Common StockUSD  651639106      897    18490 SH       SOLE    1               18490
News Corporation Ltd, (The)    Equity U.S. Equ  65248E104    12241   549213 SH       SOLE                   549213
News Corp                      Common StockUSD  65248E104   131188  5886827 SH       SOLE    1             5886827
News Corp                      Common StockUSD  65248E203     9780   434570 SH       SOLE                   434570
NextEra Energy Inc             Equity U.S. Equ  65339F101     1115    16199 SH       SOLE                    16199
NIKE Inc.                      Equity U.S. Equ  654106103     1623    18495 SH       SOLE                    18495
Nisource Inc                   Equity U.S. Equ  65473P105      273    11033 SH       SOLE                    11033
Noble Energy Inc.              Equity U.S. Equ  655044105      586     6904 SH       SOLE                     6904
Nordstrom Inc                  Equity U.S. Equ  655664100      309     6221 SH       SOLE                     6221
Norfolk Southern Corporation   Equity U.S. Equ  655844108      908    12651 SH       SOLE                    12651
Northeast Utilities            Equity U.S. Equ  664397106      473    12180 SH       SOLE                    12180
Northern Trust Corporation     Equity U.S. Equ  665859104      431     9366 SH       SOLE                     9366
Northrop Grumman Corporation   Equity U.S. Equ  666807102      623     9768 SH       SOLE                     9768
Nucor Corporation              Equity U.S. Equ  670346105      467    12313 SH       SOLE                    12313
NVIDIA Corporation             Equity U.S. Equ  67066G104      332    24019 SH       SOLE                    24019
O'Reilly Automotive Inc.       Equity U.S. Equ  67103H107      410     4897 SH       SOLE                     4897
Occidental Petroleum Corp      Equity U.S. Equ  674599105    40727   474863 SH       SOLE                   474863
Occidental Petroleum Corp      Common StockUSD  674599105   121646  1418362 SH       SOLE    1             1418362
Omnicom Group Inc.             Equity U.S. Equ  681919106     6453   132788 SH       SOLE                   132788
ON Semiconductor Corporation   Equity U.S. Equ  682189105    32877  4627657 SH       SOLE                  4627657
ON Semiconductor Corp          Common StockUSD  682189105    92455 13012599 SH       SOLE    1            13012599
Oneok Inc                      Equity U.S. Equ  682680103      342     8072 SH       SOLE                     8072
Oracle Corporation             Equity U.S. Equ  68389X105    17080   575088 SH       SOLE                   575088
Oracle Corp                    Common StockUSD  68389X105   116065  3907253 SH       SOLE    1             3907253
Orbital Sciences Corporation   Equity U.S. Equ  685564106     1073    83143 SH       SOLE                    83143
Orbital Sciences Corp          Common StockUSD  685564106    17857  1383713 SH       SOLE    1             1383713
Pg&E Corporation               Equity U.S. Equ  69331C108      742    16400 SH       SOLE                    16400
PNC Financial Services Group   Equity U.S. Equ  693475105     2379    38926 SH       SOLE                    38926
Ppg Industries Inc             Equity U.S. Equ  693506107      628     5915 SH       SOLE                     5915
PPL Corporation                Equity U.S. Equ  69351T106      626    22515 SH       SOLE                    22515
PACCAR Inc.                    Equity U.S. Equ  693718108      543    13853 SH       SOLE                    13853
Pall Corporation               Equity U.S. Equ  696429307    30656   559545 SH       SOLE                   559545
Pall Corp                      Common StockUSD  696429307    57847  1055884 SH       SOLE    1             1055884
Parker Hannifin Corporation    Equity U.S. Equ  701094104      451     5866 SH       SOLE                     5866
Paychex Inc.                   Equity U.S. Equ  704326107      394    12531 SH       SOLE                    12531
Peabody Energy Corporation     Equity U.S. Equ  704549104      259    10579 SH       SOLE                    10579
Pebblebrook Hotel Trust        REITUSD.01       70509V100     3052   131000 SH       SOLE                   131000
Penn National Gaming Inc.      Equity U.S. Equ  707569109    28602   641949 SH       SOLE                   641949
Penn National Gaming           Common StockUSD  707569109   104861  2353785 SH       SOLE    1             2353785
People's United Financial      Equity U.S. Equ  712704105      160    13823 SH       SOLE                    13823
PepsiCo Inc.                   Equity U.S. Equ  713448108    22253   314939 SH       SOLE                   314939
PepsiCo Inc                    Common StockUSD  713448108   109720  1552895 SH       SOLE    1             1552895
Perfect World Co Ltd           ADRUSD           71372U104      338    33741 SH       SOLE    1               33741
Perrigo Company                Equity U.S. Equ  714290103      427     3620 SH       SOLE                     3620
Pfizer Inc.                    Equity U.S. Equ  717081103    82453  3586190 SH       SOLE                  3586190
Pfizer Inc                     Common StockUSD  717081103   254728 11082352 SH       SOLE    1            11082352
Philip Morris Intl. Inc.       Equity U.S. Equ  718172109    12751   146170 SH       SOLE                   146170
Philip Morris International In Common StockUSD  718172109     3250    37265 SH       SOLE    1               37265
Phillips 66                    Equity U.S. Equ  718546104      807    24269 SH       SOLE                    24269
Pinnacle West Cap              Equity U.S. Equ  723484101      220     4252 SH       SOLE                     4252
Pioneer Natural Resources Co   Equity U.S. Equ  723787107      421     4774 SH       SOLE                     4774
Plum Creek Timber Co Inc       Equity U.S. Equ  729251108      249     6271 SH       SOLE                     6271
Polycom, Inc.                  Equity U.S. Equ  73172K104    15327  1454936 SH       SOLE                  1454936
Polycom Inc                    Common StockUSD  73172K104    43802  4157750 SH       SOLE    1             4157750
Post Properties Inc            REITUSD.01       737464107     6116   125000 SH       SOLE                   125000
Praxair Inc.                   Equity U.S. Equ  74005P104    54294   499351 SH       SOLE                   499351
Precision Castparts Corp       Equity U.S. Equ  740189105     3680    22370 SH       SOLE                    22370
Precision Castparts Corp       Common StockUSD  740189105    80323   488301 SH       SOLE    1              488301
T. Rowe Price Group Inc.       Equity U.S. Equ  74144T108      624     9908 SH       SOLE                     9908
priceline.com Inc              Common StockUSD  741503403    25698    38671 SH       SOLE                    38671
priceline.com Inc              Common StockUSD  741503403    74581   112233 SH       SOLE    1              112233
Principal Financial Group      Equity U.S. Equ  74251V102      306    11657 SH       SOLE                    11657
Procter & Gamble Company, The  Equity U.S. Equ  742718109    16321   266463 SH       SOLE                   266463
Procter & Gamble Co/The        Common StockUSD  742718109   122269  1995898 SH       SOLE    1             1995898
Progress Energy, Inc.          Equity U.S. Equ  743263105      692    11496 SH       SOLE                    11496
Progressive Corporation        Equity U.S. Equ  743315103      493    23667 SH       SOLE                    23667
Prologis Inc.                  Equity U.S. Equ  74340W103     8929   268534 SH       SOLE                   268534
Prudential Financial Inc.      Equity U.S. Equ  744320102      882    18205 SH       SOLE                    18205
Public Service Enterprise      Equity U.S. Equ  744573106      638    19637 SH       SOLE                    19637
Public Storage                 REITUSD.1        74460D109     9352    64778 SH       SOLE                    64778
Pulte Group Inc.               Equity U.S. Equ  745867101      140    13112 SH       SOLE                    13112
QEP Resources Inc.             Equity U.S. Equ  74733V100      502    16758 SH       SOLE                    16758
QUALCOMM Incorporated          Equity U.S. Equ  747525103    26677   479130 SH       SOLE                   479130
QUALCOMM Inc                   Common StockUSD  747525103   128242  2303412 SH       SOLE    1             2303412
Quest Diagnostics Incorporated Equity U.S. Equ  74834L100     2610    43571 SH       SOLE                    43571
Quest Diagnostics Inc          Common StockUSD  74834L100    30728   513038 SH       SOLE    1              513038
Ralph Lauren Corporation       Equity U.S. Equ  751212101      353     2520 SH       SOLE                     2520
Range Resources Corporation    Equity U.S. Equ  75281A109      390     6298 SH       SOLE                     6298
Range Resources Corp           Common StockUSD  75281A109    25092   405595 SH       SOLE    1              405595
Raytheon Company               Equity U.S. Equ  755111507      733    12946 SH       SOLE                    12946
Red Hat Inc                    Equity U.S. Equ  756577102      423     7483 SH       SOLE                     7483
Regency Centers Corp           REITUSD.01       758849103      989    20800 SH       SOLE                    20800
Regions Financial Corporation  Equity U.S. Equ  7591EP100      370    54827 SH       SOLE                    54827
Republic Services Inc          Equity U.S. Equ  760759100      323    12222 SH       SOLE                    12222
Reynolds American Inc.         Equity U.S. Equ  761713106      578    12874 SH       SOLE                    12874
Rite Aid Corporation           Equity U.S. Equ  767754104       31    22300 SH       SOLE                    22300
Rockwell Automation            Equity U.S. Equ  773903109      366     5542 SH       SOLE                     5542
Rockwell Collins Inc.          Equity U.S. Equ  774341101      278     5632 SH       SOLE                     5632
Roper Industries Inc.          Equity U.S. Equ  776696106      422     4284 SH       SOLE                     4284
Ross Stores Inc.               Equity U.S. Equ  778296103      547     8761 SH       SOLE                     8761
SAIC Inc                       Equity U.S. Equ  78390X101      130    10745 SH       SOLE                    10745
SL Green Realty                REITUSD.01       78440X101    10015   124868 SH       SOLE                   124868
SLM Corporation                Equity U.S. Equ  78442P106      298    18942 SH       SOLE                    18942
SPDR S&P 500 ETF Trust         Equity U.S. Equ  78462F103    69952   513450 SH       SOLE                   513450
St. Jude Medical, Inc.         Equity U.S. Equ  790849103      486    12188 SH       SOLE                    12188
Salesforce.com Inc             Equity U.S. Equ  79466L302      741     5359 SH       SOLE                     5359
Sandisk Corp.                  Equity U.S. Equ  80004C101      345     9463 SH       SOLE                     9463
SCANA Corp                     Equity U.S. Equ  80589M102      216     4521 SH       SOLE                     4521
Schlumberger Limited           Equity Foreign   806857108     8135   125335 SH       SOLE                   125335
Schlumberger Ltd               Common StockUSD  806857108    17661   272059 SH       SOLE    1              272059
Charles Schwab Corporation The Equity U.S. Equ  808513105     2936   227117 SH       SOLE                   227117
Charles Schwab Corp/The        Common StockUSD  808513105     4294   332246 SH       SOLE    1              332246
Scripps Network Interactive    Equity U.S. Equ  811065101      687    12089 SH       SOLE                    12089
Sempra Energy                  Equity U.S. Equ  816851109      641     9312 SH       SOLE                     9312
7 Days Group Holdings Ltd      ADRUSD           81783J101     1181   112100 SH       SOLE    1              112100
Sherwin Williams Company       Equity U.S. Equ  824348106      441     3329 SH       SOLE                     3329
Sigma Aldrich Corp             Equity U.S. Equ  826552101      384     5195 SH       SOLE                     5195
Simon Property Group, Inc.     Equity U.S. Equ  828806109    33538   215480 SH       SOLE                   215480
J. M. Smucker Company, (The)   Equity U.S. Equ  832696405      332     4395 SH       SOLE                     4395
Sotheby's Holdings             Equity U.S. Equ  835898107    11277   337991 SH       SOLE                   337991
Sotheby's                      Common StockUSD  835898107    46757  1401369 SH       SOLE    1             1401369
Southern Company               Equity U.S. Equ  842587107     1561    33720 SH       SOLE                    33720
Southwest Airlines Co.         Equity U.S. Equ  844741108      275    29800 SH       SOLE                    29800
Southwestern Energy Company    Equity U.S. Equ  845467109      431    13513 SH       SOLE                    13513
Spectra Energy Corporation     Equity U.S. Equ  847560109    19006   654027 SH       SOLE                   654027
Spreadtrum Communications Inc  ADRUSD.0001      849415203     8659   491300 SH       SOLE                   491300
Spreadtrum Communications Inc  ADRUSD.0001      849415203     1121    63577 SH       SOLE    1               63577
Sprint Nextel Corporation      Equity U.S. Equ  852061100     7968  2447453 SH       SOLE                  2447453
Sprint Nextel Corp             Common StockUSD  852061100    19755  6069174 SH       SOLE    1             6069174
Stanley Black & Decker Inc.    Equity U.S. Equ  854502101      427     6637 SH       SOLE                     6637
Staples Inc                    Equity U.S. Equ  855030102      349    26749 SH       SOLE                    26749
Starbucks Corp                 Equity U.S. Equ  855244109    20079   376602 SH       SOLE                   376602
Starbucks Corp                 Common StockUSD  855244109    43150   809335 SH       SOLE    1              809335
Starwood Hotels & Resorts Worl Equity U.S. Equ  85590A401      407     7676 SH       SOLE                     7676
State Street Corporation       Equity U.S. Equ  857477103      847    18966 SH       SOLE                    18966
Stericycle Inc                 Equity U.S. Equ  858912108      349     3804 SH       SOLE                     3804
Stryker Corporation            Equity U.S. Equ  863667101    38120   692102 SH       SOLE                   692102
Stryker Corp                   Common StockUSD  863667101   106313  1930338 SH       SOLE    1             1930338
Sunstone Hotel Investors Inc   REITUSD.01       867892101     2232   203000 SH       SOLE                   203000
Suntrust Banks Inc             Equity U.S. Equ  867914103     6100   251736 SH       SOLE                   251736
SunTrust Banks Inc             Common StockUSD  867914103    13214   545488 SH       SOLE    1              545488
Symantec Corporation           Equity U.S. Equ  871503108      409    27977 SH       SOLE                    27977
Sysco Corporation              Equity U.S. Equ  871829107      678    22739 SH       SOLE                    22739
TD Ameritrade Holding Corp     Equity U.S. Equ  87236Y108     1962   115490 SH       SOLE                   115490
TJX Cos Inc                    Common StockUSD  872540109    10550   245763 SH       SOLE                   245763
TJX Cos Inc                    Common StockUSD  872540109   116764  2720499 SH       SOLE    1             2720499
Tanger Factory Outlet Centers  REITUSD.01       875465106     1520    47444 SH       SOLE                    47444
Target Corporation             Equity U.S. Equ  87612E106     4805    82567 SH       SOLE                    82567
Taubman Centers Inc            REITUSD.01       876664103     2174    28173 SH       SOLE                    28173
Tenet Healthcare Corporation   Equity U.S. Equ  88033G100       84    16069 SH       SOLE                    16069
Teradata  Corporation          Equity U.S. Equ  88076W103      472     6551 SH       SOLE                     6551
Teva Pharmaceutical Industries ADRUSD           881624209      738    18700 SH       SOLE                    18700
Texas Instruments Incorporated Equity U.S. Equ  882508104     1803    62861 SH       SOLE                    62861
Textron Inc                    Equity U.S. Equ  883203101      271    10885 SH       SOLE                    10885
Thermo Fisher Scientific Inc   Equity U.S. Equ  883556102      740    14265 SH       SOLE                    14265
3M Company                     Equity U.S. Equ  88579Y101     4423    49360 SH       SOLE                    49360
Tiffany & Co                   Equity U.S. Equ  886547108      261     4920 SH       SOLE                     4920
Time Warner Inc.               Equity U.S. Equ  887317303     1435    37262 SH       SOLE                    37262
Time Warner Cable Inc          Common StockUSD  88732J207    27819   338943 SH       SOLE                   338943
Time Warner Cable Inc          Common StockUSD  88732J207    54852   668317 SH       SOLE    1              668317
The Travelers Companies Inc    Equity U.S. Equ  89417E109      965    15110 SH       SOLE                    15110
Tyson Foods, Inc.              Equity U.S. Equ  902494103      211    11214 SH       SOLE                    11214
U.S. Bancorp                   Equity U.S. Equ  902973304     7060   219525 SH       SOLE                   219525
Union Pac Corp                 Equity U.S. Equ  907818108     2206    18486 SH       SOLE                    18486
United Parcel Service, Inc.    Equity U.S. Equ  911312106    62816   797569 SH       SOLE                   797569
United Parcel Service Inc      Common StockUSD  911312106     1945    24700 SH       SOLE    1               24700
United Technologies Corp.      Equity U.S. Equ  913017109    52975   701377 SH       SOLE                   701377
United Health Group            Equity U.S. Equ  91324P102     3655    62471 SH       SOLE                    62471
UnitedHealth Group Inc         Common StockUSD  91324P102    28586   488603 SH       SOLE    1              488603
Unum Group                     Equity U.S. Equ  91529Y106      212    11102 SH       SOLE                    11102
V F Corp                       Equity U.S. Equ  918204108      449     3361 SH       SOLE                     3361
Valero Energy Corporation      Equity U.S. Equ  91913Y100      518    21461 SH       SOLE                    21461
Valspar Corporation            Equity U.S. Equ  920355104     1259    23993 SH       SOLE                    23993
Vantiv Inc                     Equity U.S. Equ  92210H105     1091    46827 SH       SOLE                    46827
Vantiv Inc                     Common StockUSD  92210H105     4472   192135 SH       SOLE    1              192135
Varian Medical Systems, Inc.   Equity U.S. Equ  92220P105      300     4930 SH       SOLE                     4930
Ventas Inc                     REITUSD.25       92276F100     2994    47425 SH       SOLE                    47425
VeriSign Inc.                  Equity U.S. Equ  92343E102      267     6134 SH       SOLE                     6134
Verizon Communications Inc.    Equity U.S. Equ  92343V104    10993   247380 SH       SOLE                   247380
Verisk Analytics Inc           Equity U.S. Equ  92345Y106      670    13610 SH       SOLE                    13610
Viacom Inc.                    Equity U.S. Equ  92553P201      963    20489 SH       SOLE                    20489
Virgin Media Inc               Common StockUSD  92769L101    23643   969580 SH       SOLE                   969580
Virgin Media Inc               Common StockUSD  92769L101     1898    77828 SH       SOLE    1               77828
Visa Inc                       Equity U.S. Equ  92826C839    11901    96144 SH       SOLE                    96144
Vodafone Group PLC             Equity Foreign   92857W209      231     8200 SH       SOLE                     8200
Vornado Realty Trust           REITUSD.04       929042109     4023    47914 SH       SOLE                    47914
Vulcan Matls Co                Equity U.S. Equ  929160109      200     5025 SH       SOLE                     5025
Wal-Mart Stores Inc.           Equity U.S. Equ  931142103     4670    66983 SH       SOLE                    66983
Walgreen Co.                   Equity U.S. Equ  931422109     1626    54970 SH       SOLE                    54970
Walter Energy Inc              Equity U.S. Equ  93317Q105     7201   163045 SH       SOLE                   163045
Walter Energy                  Common StockUSD  93317Q105    36580   828267 SH       SOLE    1              828267
Waste Mgmt Inc                 Equity U.S. Equ  94106L109     2641    79069 SH       SOLE                    79069
Waters Corporation             Equity U.S. Equ  941848103      274     3452 SH       SOLE                     3452
Watson Pharmaceutcls           Equity U.S. Equ  942683103      366     4948 SH       SOLE                     4948
WellPoint, Inc.                Equity U.S. Equ  94973V107     6970   109256 SH       SOLE                   109256
WellPoint Inc                  Common StockUSD  94973V107    94602  1482666 SH       SOLE    1             1482666
Wells Fargo & Company          Equity U.S. Equ  949746101    49007  1465623 SH       SOLE                  1465623
Wells Fargo & Co               Common StockUSD  949746101   154655  4625532 SH       SOLE    1             4625532
Wesco Aircraft Holdings Inc.   Equity U.S. Equ  950814103     3360   263905 SH       SOLE                   263905
Wesco Aircraft Holdings Inc    Common StockUSD  950814103    18699  1468315 SH       SOLE    1             1468315
Wesco International Inc        Equity U.S. Equ  95082P105    11903   206830 SH       SOLE                   206830
Western Digital Corporation    Equity U.S. Equ  958102105      277     9089 SH       SOLE                     9089
Western Union Co.              Equity U.S. Equ  959802109     3251   193063 SH       SOLE                   193063
Weyerhaeuser Company           Equity U.S. Equ  962166104      466    20861 SH       SOLE                    20861
Whole Foods Market Inc         Equity U.S. Equ  966837106      605     6345 SH       SOLE                     6345
Williams Companies Inc. (The)  Equity U.S. Equ  969457100      700    24286 SH       SOLE                    24286
Windstream Corp                Equity U.S. Equ  97381W104      221    22838 SH       SOLE                    22838
Wisconsin Energy Corporation   Equity U.S. Equ  976657106      402    10150 SH       SOLE                    10150
Wyndham Worldwide Corporation  Equity U.S. Equ  98310W108      298     5659 SH       SOLE                     5659
Wynn Resorts, Limited          Equity U.S. Equ  983134107      319     3079 SH       SOLE                     3079
Xcel Energy Inc.               Equity U.S. Equ  98389B100      537    18911 SH       SOLE                    18911
Xilinx Inc.                    Equity U.S. Equ  983919101      344    10249 SH       SOLE                    10249
Xerox Corporation              Equity U.S. Equ  984121103      412    52314 SH       SOLE                    52314
Yahoo Inc.                     Equity U.S. Equ  984332106      749    47306 SH       SOLE                    47306
YUM! Brands, Inc.              Equity U.S. Equ  988498101     1152    17878 SH       SOLE                    17878
Zimmer Holdings Inc.           Equity U.S. Equ  98956P102      755    11735 SH       SOLE                    11735
Aon plc                        Equity Foreign   G0408V102      593    12677 SH       SOLE                    12677
Arch Capital Group Ltd.        Equity Foreign   G0450A105    35038   883592 SH       SOLE                   883592
Arch Capital Group Ltd         Common StockUSD  G0450A105    60874  1535290 SH       SOLE    1             1535290
Accenture PLC                  Equity Foreign   G1151C101     1503    25017 SH       SOLE                    25017
Cooper Industries plc          Equity Foreign   G24140108     1513    22196 SH       SOLE                    22196
Covidien plc                   Equity Foreign   G2554F113     4166    77877 SH       SOLE                    77877
Ingersoll-Rand plc             Equity Foreign   G47791101     2674    63391 SH       SOLE                    63391
Invesco Ltd                    Equity Foreign   G491BT108     4619   204391 SH       SOLE                   204391
Invesco Ltd                    Common StockUSD  G491BT108    23665  1047350 SH       SOLE    1             1047350
Lazard Ltd                     Equity Foreign   G54050102    19117   735551 SH       SOLE                   735551
Lazard Ltd                     Common StockUSD  G54050102    63969  2461293 SH       SOLE    1             2461293
ACE Ltd                        Common StockCHF  H0023R105    33469   451441 SH       SOLE                   451441
ACE Ltd                        Common StockCHF  H0023R105    97378  1313437 SH       SOLE    1             1313437
Noble Corporation              Equity Foreign   H5833N103      320     9831 SH       SOLE                     9831
TE Connectivity Ltd            Equity Foreign   H84989104      531    16655 SH       SOLE                    16655
Transocean Ltd                 Equity Foreign   H8817H100     2652    59288 SH       SOLE                    59288
Transocean Ltd/Switzerland     Common StockCHF  H8817H100    41286   922891 SH       SOLE    1              922891
Tyco International Ltd.        Equity Foreign   H89128104      950    17975 SH       SOLE                    17975