0001505708-12-000004.txt : 20121115 0001505708-12-000004.hdr.sgml : 20121115 20121115144429 ACCESSION NUMBER: 0001505708-12-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120930 FILED AS OF DATE: 20121115 DATE AS OF CHANGE: 20121115 EFFECTIVENESS DATE: 20121115 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: 121208325 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 slilq32012.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: 09/30/12

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 11/01/12

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: 1

Form 13F Information Table Entry Total: 1

Form 13F Information Table Value Total: 12529770

List of Other Included Managers:
No    Form 13F File Number                  Name
----- ------------------------------------- -----------------------------------
1     028-06065                             Standard Life Investments (USA) LTD
2     028-15005                             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    70296  1897924 SH       SOLE                  1897924
AT&T Inc                       Common StockUSD  00206R102   185717  4926827 SH       SOLE    1             4926827
Abbott Laboratories            Equity U.S. Equ  002824100     5663    87841 SH       SOLE                    87841
Acuity Brands Inc.             Equity U.S. Equ  00508Y102    36485   614772 SH       SOLE                   614772
Acuity Brands Inc              Common StockUSD  00508Y102    76802  1213213 SH       SOLE    1             1213213
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     1579    49501 SH       SOLE                    49501
Allegheny Technologies Inc     Common StockUSD  01741R102    10708   335725 SH       SOLE    1              335725
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     8290   243975 SH       SOLE                   243975
Altera Corp                    Common StockUSD  021441100      672    19782 SH       SOLE    1               19782
Altria Group Inc.              Equity U.S. Equ  02209S103    99490  2902545 SH       SOLE                  2902545
Altria Group Inc               Common StockUSD  02209S103   130229  3899666 SH       SOLE    1             3899666
Amazon.com, Inc.               Equity U.S. Equ  023135106     8836    38693 SH       SOLE                    38693
Amazon.com Inc                 Common StockUSD  023135106     5715    22465 SH       SOLE    1               22465
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     5243   133241 SH       SOLE                   133241
AmerisourceBergen Corp         Common StockUSD  03073E105    12462   321979 SH       SOLE    1              321979
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    11168   136556 SH       SOLE                   136556
Amphenol Corporation           Equity U.S. Equ  032095101      346     6292 SH       SOLE                     6292
Anadarko Petroleum Corporation Equity U.S. Equ  032511107    15152   220843 SH       SOLE                   220843
Anadarko Petroleum Corp        Common StockUSD  032511107    44864   641789 SH       SOLE    1              641789
Analog Devices Inc.            Equity U.S. Equ  032654105      436    11586 SH       SOLE                    11586
Anheuser-Bush Inbev            Equity Foreign   03524A108     1207    15150 SH       SOLE                    15150
Apache Corporation             Equity U.S. Equ  037411105     1334    15178 SH       SOLE                    15178
Apple Inc.                     Equity U.S. Equ  037833100   153166   240718 SH       SOLE                   240718
Apple                          Common StockUSD  037833100   470171   704836 SH       SOLE    1              704836
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      390    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     6882    50474 SH       SOLE                    50474
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    28823   246707 SH       SOLE                   246707
Baidu Inc                      ADRUSD.00005     056752108     1130     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      178    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    37860   637072 SH       SOLE                   637072
Baxter International Inc       Common StockUSD  071813109    76797  1274534 SH       SOLE    1             1274534
BE Aerospace Inc.              Equity U.S. Equ  073302101     6593   151000 SH       SOLE                   151000
Beam Inc                       Equity U.S. Equ  073730103    22428   376445 SH       SOLE                   376445
Beam                           Common StockUSD  073730103    99433  1728222 SH       SOLE    1             1728222
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     8944   120376 SH       SOLE                   120376
Boeing Co/The                  Common StockUSD  097023105    49548   711902 SH       SOLE    1              711902
BorgWarner Inc                 Equity U.S. Equ  099724106    42996   626907 SH       SOLE                   626907
BorgWarner                     Common StockUSD  099724106   123554  1788175 SH       SOLE    1             1788175
Boston Properties, Inc.        Equity U.S. Equ  101121101    11215   101526 SH       SOLE                   101526
Boston Scientific Corporation  Equity U.S. Equ  101137107      315    55481 SH       SOLE                    55481
Brandywine Realty Trust        REITUSD.01       105368203      944    77432 SH       SOLE                    77432
Bristol-Myers Squibb Company   Equity U.S. Equ  110122108     3328    92566 SH       SOLE                    92566
Broadcom Corporation           Equity U.S. Equ  111320107      650    19248 SH       SOLE                    19248
Brown-Forman Corporation       Equity U.S. Equ  115637209      373     3854 SH       SOLE                     3854
CBL & Associates Properties In REITUSD.01       124830100     4962   232473 SH       SOLE                   232473
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     4711    52534 SH       SOLE                    52534
CME Group Inc                  Common StockUSD  12572Q105    36215   632411 SH       SOLE    1              632411
CMS Energy Corporation         Equity U.S. Equ  125896100     7226   307249 SH       SOLE                   307249
CMS Energy Corp                Common StockUSD  125896100    43620  1852634 SH       SOLE    1             1852634
CSX Corporation                Equity U.S. Equ  126408103     9011   403018 SH       SOLE                   403018
CSX Corp                       Common StockUSD  126408103    23225  1119554 SH       SOLE    1             1119554
CVSCaremark Corp               Equity U.S. Equ  126650100    20959   437182 SH       SOLE                   437182
CVS Caremark Corp              Common StockUSD  126650100    33532   692595 SH       SOLE    1              692595
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    22102  1289311 SH       SOLE                  1289311
Calpine Corp                   Common StockUSD  131347304   130678  7555798 SH       SOLE    1             7555798
Camden Property Trust          REITUSD.01       133131102     7138   110778 SH       SOLE                   110778
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     2150    25321 SH       SOLE                    25321
Celgene Corporation            Equity U.S. Equ  151020104    14188   193580 SH       SOLE                   193580
Celgene Corp                   Common StockUSD  151020104     4436    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    12217   306013 SH       SOLE                   306013
CenturyLink                    Common StockUSD  156700106   139594  3456577 SH       SOLE    1             3456577
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    24975   230597 SH       SOLE                   230597
Chevron Corp                   Common StockUSD  166764100   173815  1491331 SH       SOLE    1             1491331
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     2276   119207 SH       SOLE    1              119207
Citigroup Inc.                 Equity U.S. Equ  172967424    60216  1929240 SH       SOLE                  1929240
Citigroup Inc                  Common StockUSD  172967424   176743  5403343 SH       SOLE    1             5403343
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    28556   752576 SH       SOLE    1              752576
Coca Cola Enterprises          Equity U.S. Equ  19122T109      326    11643 SH       SOLE                    11643
Cognizant Technology Solutions Equity U.S. Equ  192446102     3560    59328 SH       SOLE                    59328
Cognizant Technology Solutions Common StockUSD  192446102    69280   991346 SH       SOLE    1              991346
Colgate-Palmolive Company      Equity U.S. Equ  194162103     3079    29576 SH       SOLE                    29576
Comcast Corporation            Equity U.S. Equ  20030N101    20500   598608 SH       SOLE                   598608
Comerica Incorporated          Equity U.S. Equ  200340107      235     7636 SH       SOLE                     7636
Compass Group PLC              Equity Foreign   20449X203     1119   104900 SH       SOLE                   104900
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
CubeSmart                      REITUSD.01       229663109     1378   107000 SH       SOLE                   107000
Cummins Inc.                   Equity U.S. Equ  231021106     6248    67070 SH       SOLE                    67070
Cummins Inc                    Common StockUSD  231021106    94199  1022184 SH       SOLE    1             1022184
DDR Corp                       REITUSD.1        23317H102     6350   413576 SH       SOLE                   413576
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
Denbury Resources Inc.         Equity U.S. Equ  247916208      229    15171 SH       SOLE                    15171
Dendreon Corp                  Common StockUSD  24823Q107     6366  1319328 SH       SOLE    1             1319328
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     1593    22808 SH       SOLE                    22808
Walt Disney Company, (The)     Equity U.S. Equ  254687106   134063  2698834 SH       SOLE                  2698834
Walt Disney Co/The             Common StockUSD  254687106   186728  3573051 SH       SOLE    1             3573051
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     4046    75967 SH       SOLE                    75967
Dominion Resources Inc/VA      Common StockUSD  25746U109    83417  1575391 SH       SOLE    1             1575391
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    35416   799139 SH       SOLE                   799139
Dr Pepper Snapple Group        Common StockUSD  26138E109   132054  2966516 SH       SOLE    1             2966516
E.I. du Pont de Nemours and Co Equity U.S. Equ  263534109     1839    36373 SH       SOLE                    36373
Duke Energy Corporation        Equity U.S. Equ  26441C204     1198    51942 SH       SOLE                    51942
EMC Corporation                Equity U.S. Equ  268648102    32055  1204796 SH       SOLE                  1204796
EMC Corp/MA                    Common StockUSD  268648102   110340  4045475 SH       SOLE    1             4045475
EOG Resources Inc.             Equity U.S. Equ  26875P101    13557   140180 SH       SOLE                   140180
EOG Resources Inc              Common StockUSD  26875P101   123398  1101226 SH       SOLE    1             1101226
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    39133   816141 SH       SOLE                   816141
eBay Inc                       Common StockUSD  278642103    51421  1062757 SH       SOLE    1             1062757
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     4438   350171 SH       SOLE    1              350171
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    22963   116918 SH       SOLE                   116918
Equinix Inc                    Common StockUSD  29444U502   110388   535944 SH       SOLE    1              535944
Equity One Inc                 REITUSD.01       294752100     1805    85700 SH       SOLE                    85700
Equity Residential             REITUSD.01       29476L107     7832   135137 SH       SOLE                   135137
Essex Property Trust Inc       REITUSD.0001     297178105     5071    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    50026   814785 SH       SOLE                   814785
Express Scripts Holding Co     Common StockUSD  30219G108   134013  2139590 SH       SOLE    1             2139590
Exxon Mobil Corporation        Equity U.S. Equ  30231G102    50535   578825 SH       SOLE                   578825
Exxon Mobil Corp               Common StockUSD  30231G102   293836  3213786 SH       SOLE    1             3213786
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      772    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     7211    68500 SH       SOLE                    68500
FedEx Corporation              Equity U.S. Equ  31428X106     8598    97019 SH       SOLE                    97019
FedEx Corp                     Common StockUSD  31428X106    69955   826554 SH       SOLE    1              826554
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    19447   432390 SH       SOLE                   432390
51job                          ADRUSD.0001      316827104     1039    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 Common StockUSD  35671D857    30561   778846 SH       SOLE                   778846
Freeport-McMoRan Copper & Gold Common StockUSD  35671D857    75274  1902545 SH       SOLE    1             1902545
Fresenius Medical Care AG & Co Equity Foreign   358029106      265     3750 SH       SOLE                     3750
Frontier Communications        Equity U.S. Equ  35906A108      148    38756 SH       SOLE                    38756
Arthur J Gallagher & Co        Equity U.S. Equ  363576109     8452   237154 SH       SOLE                   237154
Arthur J Gallagher & Co        Common StockUSD  363576109    23474   655339 SH       SOLE    1              655339
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    11777   178394 SH       SOLE                   178394
General Dynamics Corp          Common StockUSD  369550108   104719  1583899 SH       SOLE    1             1583899
General Electric Company       Equity U.S. Equ  369604103   130470  6123546 SH       SOLE                  6123546
General Electric Co            Common StockUSD  369604103   179599  7906619 SH       SOLE    1             7906619
General Growth Properties Inc  REITUSD.01       370023103     7406   380500 SH       SOLE                   380500
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    10113   176316 SH       SOLE                   176316
Gilead Sciences Inc            Common StockUSD  375558103   120502  1816843 SH       SOLE    1             1816843
Goldman Sachs Group, Inc. (The Equity U.S. Equ  38141G104     2482    25895 SH       SOLE                    25895
Goldman Sachs Group Inc/The    Common StockUSD  38141G104    26549   233523 SH       SOLE    1              233523
Goodrich Corporation           Equity U.S. Equ  382388106      621     4891 SH       SOLE                     4891
Google Inc.                    Equity U.S. Equ  38259P508    44213    62886 SH       SOLE                    62886
Google                         Common StockUSD  38259P508    79372   105197 SH       SOLE    1              105197
Grainger W W Inc               Equity U.S. Equ  384802104     1504     7864 SH       SOLE                     7864
HCP Inc                        Equity U.S. Equ  40414L109      719    16290 SH       SOLE                    16290
HSBC Holdings PLC              Equity Foreign   404280406     2244    50850 SH       SOLE                    50850
Halliburton Company            Equity U.S. Equ  406216101    16098   515644 SH       SOLE                   515644
Halliburton Co                 Common StockUSD  406216101    84021  2495795 SH       SOLE    1             2495795
Hanesbrands Inc                Equity U.S. Equ  410345102    15453   497303 SH       SOLE                   497303
Hanesbrands Inc                Common StockUSD  410345102   105696  3316476 SH       SOLE    1             3316476
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     3110    53794 SH       SOLE                    53794
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    52261   892182 SH       SOLE                   892182
Home Depot Inc/The             Common StockUSD  437076102    94781  1570384 SH       SOLE    1             1570384
Home Properties Inc            REITUSD.01       437306103     4091    66800 SH       SOLE                    66800
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     7791   486002 SH       SOLE                   486002
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    35947   673106 SH       SOLE                   673106
JB Hunt Transport Services Inc Common StockUSD  445658107    92769  1782477 SH       SOLE    1             1782477
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    22116   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      201    12764 SH       SOLE                    12764
International Game Technology  Common StockUSD  459902102     1138    86917 SH       SOLE    1               86917
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     2082   275669 SH       SOLE                   275669
Iridium Communications Inc     Common StockUSD  46269C102    21736  2955248 SH       SOLE    1             2955248
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      199    16750 SH       SOLE                    16750
ITAU Unibanco Holdings SA      Equity Foreign   465562106      592    42500 SH       SOLE                    42500
JPMorgan Chase & Co.           Common StockUSD  46625H100   124639  3311610 SH       SOLE                  3311610
JPMorgan Chase & Co.           Common StockUSD  46625H100   179950  4447041 SH       SOLE    1             4447041
Johnson & Johnson              Equity U.S. Equ  478160104    13356   197684 SH       SOLE                   197684
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    20447  1307766 SH       SOLE                  1307766
KT Corp                        ADRUSD           48268K101     1802   115248 SH       SOLE    1              115248
Kansas City Southern           Equity U.S. Equ  485170302    21991   290271 SH       SOLE                   290271
Kansas City Southern           Common StockUSD  485170302    11068   146058 SH       SOLE    1              146058
Kellogg Company                Equity U.S. Equ  487836108      473     9580 SH       SOLE                     9580
KeyCorp                        Equity U.S. Equ  493267108      286    36998 SH       SOLE                    36998
Kilroy Realty Corp             REITUSD.01       49427F108     1334    29796 SH       SOLE                    29796
Kimberly-Clark Corporation     Equity U.S. Equ  494368103     1587    18947 SH       SOLE                    18947
Kimco Realty Corporation       Equity U.S. Equ  49446R109    10213   504900 SH       SOLE                   504900
Kinder Morgan Inc/Delaware     Common StockUSD  49456B101      632    19611 SH       SOLE                    19611
Kohl's Corporation             Equity U.S. Equ  500255104     3592    78961 SH       SOLE                    78961
Kohl's Corp                    Common StockUSD  500255104     3337    65183 SH       SOLE    1               65183
Kraft Foods Inc.               Equity U.S. Equ  50075N104    62205  1525792 SH       SOLE                  1525792
Kraft Foods Inc                Common StockUSD  50075N104   181706  4393807 SH       SOLE    1             4393807
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    15368   255729 SH       SOLE                   255729
Estee Lauder Cos Inc/The       Common StockUSD  518439104    36392   591122 SH       SOLE    1              591122
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     5190    56278 SH       SOLE                    56278
Lockheed Martin Corp           Common StockUSD  539830109    88599   948849 SH       SOLE    1              948849
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    20244   705522 SH       SOLE                   705522
Lowe's Cos Inc                 Common StockUSD  548661107    59404  1963754 SH       SOLE    1             1963754
M&T Bank Corporation           Equity U.S. Equ  55261F104      770     9326 SH       SOLE                     9326
Macerich Co/The                REITUSD.01       554382101     8131   142126 SH       SOLE                   142126
Macy's Inc                     Equity U.S. Equ  55616P104    13435   380713 SH       SOLE                   380713
Macy's Inc                     Common StockUSD  55616P104    23078   613197 SH       SOLE    1              613197
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    25592    57441 SH       SOLE                    57441
Mastercard Inc                 Common StockUSD  57636Q104    39693    87932 SH       SOLE    1               87932
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    15002   167400 SH       SOLE                   167400
McDonald's Corp                Common StockUSD  580135101     5009    54601 SH       SOLE    1               54601
McGraw-Hill Cos. Inc. (The)    Equity U.S. Equ  580645109      489    10862 SH       SOLE                    10862
McKesson Corporation           Equity U.S. Equ  58155Q103     5935    65396 SH       SOLE                    65396
McKesson Corp                  Common StockUSD  58155Q103    59741   694620 SH       SOLE    1              694620
Mead Johnson Nutrition Company Equity U.S. Equ  582839106    16915   217260 SH       SOLE                   217260
Mead Johnson Nutrition Co      Common StockUSD  582839106    38632   527250 SH       SOLE    1              527250
Medicis Pharmaceutical Corp.   Equity U.S. Equ  584690309     5090   149057 SH       SOLE                   149057
Medtronic Inc.                 Equity U.S. Equ  585055106     1564    40394 SH       SOLE                    40394
Merck & Co., Inc.              Equity U.S. Equ  58933Y105    33091   785875 SH       SOLE                   785875
Merck & Co Inc                 Common StockUSD  58933Y105   105120  2331082 SH       SOLE    1             2331082
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    34973  1150468 SH       SOLE                  1150468
Microsoft Corp                 Common StockUSD  594918104   149499  5024345 SH       SOLE    1             5024345
Microchip Technology Inc.      Equity U.S. Equ  595017104      249     7518 SH       SOLE                     7518
Micron Technology Inc.         Equity U.S. Equ  595112103    11049  1819747 SH       SOLE                  1819747
Micron Technology Inc          Common StockUSD  595112103    70585 11793665 SH       SOLE    1            11793665
Molson Coors Brewing Company   Equity U.S. Equ  60871R209      508    12210 SH       SOLE                    12210
Monsanto Company               Equity U.S. Equ  61166W101    22601   257103 SH       SOLE                   257103
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    49348   650361 SH       SOLE                   650361
National Oilwell Varco Inc     Common StockUSD  637071101   141300  1764817 SH       SOLE    1             1764817
Nestle S.A.                    Equity Foreign   641069406     4552    76200 SH       SOLE                    76200
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
News Corporation Ltd, (The)    Equity U.S. Equ  65248E104    11758   508799 SH       SOLE                   508799
News Corp                      Common StockUSD  65248E104   138426  5646565 SH       SOLE    1             5646565
News Corp                      Common StockUSD  65248E203     8821   355902 SH       SOLE                   355902
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    41070   477822 SH       SOLE                   477822
Occidental Petroleum Corp      Common StockUSD  674599105   119321  1386888 SH       SOLE    1             1386888
Omnicom Group Inc.             Equity U.S. Equ  681919106     6453   132788 SH       SOLE                   132788
ON Semiconductor Corporation   Equity U.S. Equ  682189105    30789  4901893 SH       SOLE                  4901893
ON Semiconductor Corp          Common StockUSD  682189105    93540 15172723 SH       SOLE    1            15172723
Oneok Inc                      Equity U.S. Equ  682680103      342     8072 SH       SOLE                     8072
Oracle Corporation             Equity U.S. Equ  68389X105    17741   586637 SH       SOLE                   586637
Oracle Corp                    Common StockUSD  68389X105   137678  4375586 SH       SOLE    1             4375586
Orbital Sciences Corporation   Equity U.S. Equ  685564106     1208    83143 SH       SOLE                    83143
Orbital Sciences Corp          Common StockUSD  685564106    20111  1380320 SH       SOLE    1             1380320
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    40733   649155 SH       SOLE                   649155
Pall Corp                      Common StockUSD  696429307   127071  2001272 SH       SOLE    1             2001272
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
Peabody Energy Corp            Common StockUSD  704549104    48615  2181503 SH       SOLE    1             2181503
Pebblebrook Hotel Trust        REITUSD.01       70509V100     3750   160422 SH       SOLE                   160422
Penn National Gaming Inc.      Equity U.S. Equ  707569109    27795   641949 SH       SOLE                   641949
Penn National Gaming           Common StockUSD  707569109   101618  2358268 SH       SOLE    1             2358268
People's United Financial      Equity U.S. Equ  712704105      160    13823 SH       SOLE                    13823
PepsiCo Inc.                   Equity U.S. Equ  713448108    22022   311518 SH       SOLE                   311518
PepsiCo Inc                    Common StockUSD  713448108   111805  1580277 SH       SOLE    1             1580277
Perfect World Co Ltd           ADRUSD           71372U104      810    74541 SH       SOLE    1               74541
Perrigo Company                Equity U.S. Equ  714290103      427     3620 SH       SOLE                     3620
Pfizer Inc.                    Equity U.S. Equ  717081103    72536  3041451 SH       SOLE                  3041451
Pfizer Inc                     Common StockUSD  717081103   228459  9195354 SH       SOLE    1             9195354
Philip Morris Intl. Inc.       Equity U.S. Equ  718172109    26541   297499 SH       SOLE                   297499
Philip Morris International In Common StockUSD  718172109    23597   262379 SH       SOLE    1              262379
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    16055  1622902 SH       SOLE                  1622902
Polycom Inc                    Common StockUSD  73172K104    41749  4236331 SH       SOLE    1             4236331
Praxair Inc.                   Equity U.S. Equ  74005P104    54294   499351 SH       SOLE                   499351
Precision Castparts Corp       Equity U.S. Equ  740189105    25134   153809 SH       SOLE                   153809
Precision Castparts Corp       Common StockUSD  740189105    83924   513769 SH       SOLE    1              513769
T. Rowe Price Group Inc.       Equity U.S. Equ  74144T108      624     9908 SH       SOLE                     9908
priceline.com Inc              Common StockUSD  741503403    24597    38943 SH       SOLE                    38943
priceline.com Inc              Common StockUSD  741503403    69800   112813 SH       SOLE    1              112813
Principal Financial Group      Equity U.S. Equ  74251V102      306    11657 SH       SOLE                    11657
Procter & Gamble Company, The  Equity U.S. Equ  742718109    16273   259148 SH       SOLE                   259148
Procter & Gamble Co/The        Common StockUSD  742718109    89764  1294555 SH       SOLE    1             1294555
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    10558   302534 SH       SOLE                   302534
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     4824    34482 SH       SOLE                    34482
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    22414   390741 SH       SOLE                   390741
QUALCOMM Inc                   Common StockUSD  747525103   142155  2276115 SH       SOLE    1             2276115
Quest Diagnostics Incorporated Equity U.S. Equ  74834L100     2610    43571 SH       SOLE                    43571
Quest Diagnostics Inc          Common StockUSD  74834L100    32537   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
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     4618    94800 SH       SOLE                    94800
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
Royal Dutch Shell PLC          Equity Foreign   780259206      337     5000 SH       SOLE                     5000
SAIC Inc                       Equity U.S. Equ  78390X101      130    10745 SH       SOLE                    10745
SL Green Realty                REITUSD.01       78440X101     9557   119368 SH       SOLE                   119368
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
Salesforce.com Inc             Common StockUSD  79466L302    17995   117878 SH       SOLE    1              117878
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    19669   272059 SH       SOLE    1              272059
Charles Schwab Corporation The Equity U.S. Equ  808513105     3072   239786 SH       SOLE                   239786
Charles Schwab Corp/The        Common StockUSD  808513105     4743   370960 SH       SOLE    1              370960
Scripps Network Interactive    Equity U.S. Equ  811065101      687    12089 SH       SOLE                    12089
Utilities Select Sector SPDR   Equity U.S. Equ  81369Y886     2324    62900 SH       SOLE                                      62900
Sempra Energy                  Equity U.S. Equ  816851109      641     9312 SH       SOLE                     9312
7 Days Group Holdings Ltd      ADRUSD           81783J101     1304   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    37277   245280 SH       SOLE                   245280
J. M. Smucker Company, (The)   Equity U.S. Equ  832696405      332     4395 SH       SOLE                     4395
Sotheby's Holdings             Equity U.S. Equ  835898107     5282   167663 SH       SOLE                   167663
Sotheby's                      Common StockUSD  835898107    34387  1091812 SH       SOLE    1             1091812
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     8629   420200 SH       SOLE                   420200
Spreadtrum Communications Inc  ADRUSD.0001      849415203      570    27777 SH       SOLE    1               27777
Sprint Nextel Corporation      Equity U.S. Equ  852061100    19587  3631528 SH       SOLE                  3631528
Sprint Nextel Corp             Common StockUSD  852061100    21171  3831837 SH       SOLE    1             3831837
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    35014   681544 SH       SOLE                   681544
Starbucks Corp                 Common StockUSD  855244109   134288  2647903 SH       SOLE    1             2647903
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    38822   698492 SH       SOLE                   698492
Stryker Corp                   Common StockUSD  863667101   109352  1964474 SH       SOLE    1             1964474
Sunstone Hotel Investors Inc   REITUSD.01       867892101     2289   208000 SH       SOLE                   208000
Suntrust Banks Inc             Equity U.S. Equ  867914103     6648   258035 SH       SOLE                   258035
SunTrust Banks Inc             Common StockUSD  867914103    18634   659596 SH       SOLE    1              659596
Symantec Corporation           Equity U.S. Equ  871503108      409    27977 SH       SOLE                    27977
Sysco Corporation              Equity U.S. Equ  871829107      678    22739 SH       SOLE                    22739
TJX Cos Inc                    Common StockUSD  872540109    10898   250579 SH       SOLE                   250579
TJX Cos Inc                    Common StockUSD  872540109   119506  2667258 SH       SOLE    1             2667258
Tanger Factory Outlet Centers  REITUSD.01       875465106     1533    47444 SH       SOLE                    47444
Target Corporation             Equity U.S. Equ  87612E106     4805    82567 SH       SOLE                    82567
Taubman Centers Inc            REITUSD.01       876664103     1018    13279 SH       SOLE                    13279
Tenet Healthcare Corporation   Equity U.S. Equ  88033G100       84    16069 SH       SOLE                    16069
Tenet Healthcare Corp          Common StockUSD  88033G100    22216  3540383 SH       SOLE    1             3540383
Teradata  Corporation          Equity U.S. Equ  88076W103      472     6551 SH       SOLE                     6551
Teva Pharmaceutical Industries ADRUSD           881624209      737    17800 SH       SOLE                    17800
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    27809   297162 SH       SOLE                   297162
Time Warner Cable Inc          Common StockUSD  88732J207    43441   456932 SH       SOLE    1              456932
TransDigm Group Inc            Common StockUSD  893641100    10906    76868 SH       SOLE                    76868
TransDigm Group                Common StockUSD  893641100    43713   308087 SH       SOLE    1              308087
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
UDR Inc                        REITUSD.01       902653104     3102   125000 SH       SOLE                   125000
U.S. Bancorp                   Equity U.S. Equ  902973304     7060   219525 SH       SOLE                   219525
Union Pacific Corp             Common StockUSD  907818108     6338    53300 SH       SOLE                    53300
Union Pacific Corp             Common StockUSD  907818108    55446   467212 SH       SOLE    1              467212
United Parcel Service, Inc.    Equity U.S. Equ  911312106    59750   761794 SH       SOLE                   761794
United Parcel Service Inc      Common StockUSD  911312106     1768    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    27069   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
Varian Medical Systems, Inc.   Equity U.S. Equ  92220P105      300     4930 SH       SOLE                     4930
Ventas Inc                     Equity U.S. Equ  92276F100      709    11225 SH       SOLE                    11225
VeriSign Inc.                  Equity U.S. Equ  92343E102      267     6134 SH       SOLE                     6134
Verizon Communications Inc.    Equity U.S. Equ  92343V104     9069   204082 SH       SOLE                   204082
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    28879   981453 SH       SOLE                   981453
Virgin Media Inc               Common StockUSD  92769L101     2290    77828 SH       SOLE    1               77828
Visa Inc                       Equity U.S. Equ  92826C839    13195    99801 SH       SOLE                    99801
Visa Inc                       Common StockUSD  92826C839    42587   317176 SH       SOLE    1              317176
Vodafone Group PLC             Equity Foreign   92857W209      231     8200 SH       SOLE                     8200
Vornado Realty Trust           REITUSD.04       929042109     3177    38946 SH       SOLE                    38946
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     1462    33104 SH       SOLE                    33104
Walter Energy                  Common StockUSD  93317Q105      898    27673 SH       SOLE    1               27673
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     4881    76521 SH       SOLE                    76521
Wells Fargo & Company          Equity U.S. Equ  949746101    49953  1472022 SH       SOLE                  1472022
Wells Fargo & Co               Common StockUSD  949746101   162467  4701694 SH       SOLE    1             4701694
Wesco Aircraft Holdings Inc.   Equity U.S. Equ  950814103     2884   212840 SH       SOLE                   212840
Wesco Aircraft Holdings Inc    Common StockUSD  950814103    18687  1367042 SH       SOLE    1             1367042
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    27572   666848 SH       SOLE                   666848
Arch Capital Group Ltd         Common StockUSD  G0450A105    64712  1553527 SH       SOLE    1             1553527
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     8332   155754 SH       SOLE                   155754
Ingersoll-Rand plc             Equity Foreign   G47791101     2674    63391 SH       SOLE                    63391
Invesco Ltd                    Equity Foreign   G491BT108     3475   143683 SH       SOLE                   143683
Invesco Ltd                    Common StockUSD  G491BT108    18368   734589 SH       SOLE    1              734589
Lazard Ltd                     Equity Foreign   G54050102    36303  1266322 SH       SOLE                  1266322
Lazard Ltd                     Common StockUSD  G54050102   102366  3502684 SH       SOLE    1             3502684
Nabors Industries Ltd.         Equity Foreign   G6359F103      162    11276 SH       SOLE                    11276
XL Group plc                   Equity Foreign   G98290102      255    12105 SH       SOLE                    12105
ACE Ltd                        Common StockCHF  H0023R105    32482   431544 SH       SOLE                   431544
ACE Ltd                        Common StockCHF  H0023R105   108418  1433917 SH       SOLE    1             1433917
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                 Common StockCHF  H8817H100    51395  1145034 SH       SOLE    1             1145034
Tyco International Ltd.        Equity Foreign   H89128104     1900    35950 SH       SOLE                    35950
LyondellBasell Industries NV   Common StockUSD  N53745100    33062   640492 SH       SOLE                   640492
LyondellBasell Industries NV   Common StockUSD  N53745100    99714  1931686 SH       SOLE    1             1931686