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: 12/31/10

Check here if Amendment [X]; Amendment Number:
This Amendment (Check only one.): [X] 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-

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 02/10/11

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: 12055976

List of Other Included Managers:
No    Form 13F File Number                  Name
----- ------------------------------------- -----------------------------------
1     028-06065                             Standard Life Investments (USA) 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    16698   743800 SH       SOLE                   743800
Aflac Inc                      Common StockUSD  001055102     1618    28678 SH       SOLE                    28678
AES Corporation, (The)         Equity U.S. Equ  00130H105      527    43195 SH       SOLE                    43195
AT&T Inc.                      Equity U.S. Equ  00206R102    29075   989556 SH       SOLE                   989556
Abbott Laboratories            Equity U.S. Equ  002824100     9536   199024 SH       SOLE                   199024
Abbott Laboratories            Common StockUSD  002824100     1692    35295 SH       SOLE    1               35295
Abercrombie & Fitch Co.        Equity U.S. Equ  002896207      329     5709 SH       SOLE                     5709
Millicom International Cellula Common StockUSD  003870570      264     2766 SH       SOLE                                       2766
ACE Ltd                        Common StockCHF  00443287       553     8891 SH       SOLE                     8891
Activision Blizzard Inc        Common StockUSD  00507V109     6843   550052 SH       SOLE                   550052
Activision Blizzard Inc        Common StockUSD  00507V109    48145  3870187 SH       SOLE    1             3870187
Acuity Brands Inc.             Equity U.S. Equ  00508Y102    31482   545724 SH       SOLE                   545724
Acuity Brands Inc              Common StockUSD  00508Y102    99491  1724584 SH       SOLE    1             1724584
Adobe Systems Incorporated     Equity U.S. Equ  00724F101    23094   750264 SH       SOLE                   750264
Aecom Technology Corporation   Equity U.S. Equ  00766T100      464    16600 SH       SOLE                    16600
Advanced Micro Devices Inc.    Equity U.S. Equ  007903107      299    36515 SH       SOLE                    36515
Aetna Inc.                     Equity U.S. Equ  00817Y108      757    24824 SH       SOLE                    24824
Agilent Technologies Inc.      Equity U.S. Equ  00846U101      868    20956 SH       SOLE                    20956
Air Products & Chemicals Inc.  Equity U.S. Equ  009158106     2615    28742 SH       SOLE                    28742
Airgas Inc                     Equity U.S. Equ  009363102      271     4340 SH       SOLE                     4340
Akamai Technologies Inc        Common StockUSD  00971T101      518    11018 SH       SOLE                    11018
Alberto-Culver Company         Equity U.S. Equ  013078100      451    12175 SH       SOLE                    12175
Alcoa Inc.                     Equity U.S. Equ  013817101      963    62547 SH       SOLE                    62547
Allegheny Energy Inc.          Equity U.S. Equ  017361106      266    10958 SH       SOLE                    10958
Allegheny Technologies Inc.    Equity U.S. Equ  01741R102      313     5679 SH       SOLE                     5679
Allergan Inc/United States     Common StockUSD  018490102     1262    18378 SH       SOLE                    18378
Alliant Techsystems Inc        Common StockUSD  018804104     1793    24093 SH       SOLE    1               24093
Allstate Corporation, (The)    Equity U.S. Equ  020002101     1043    32684 SH       SOLE                    32684
Alpha Natural Resources Inc    Equity U.S. Equ  02076X102      432     7200 SH       SOLE                     7200
Altera Corporation             Equity U.S. Equ  021441100    35577   999491 SH       SOLE                   999491
Altria Group Inc.              Equity U.S. Equ  02209S103    12146   493315 SH       SOLE                   493315
Altria Group Inc               Common StockUSD  02209S103    10906   442962 SH       SOLE    1              442962
Amazon.com, Inc.               Equity U.S. Equ  023135106     6760    37559 SH       SOLE                    37559
Amazon.com Inc                 Common StockUSD  023135106    19285   107164 SH       SOLE    1              107164
Ameren Corporation             Equity U.S. Equ  023608102      400    14165 SH       SOLE                    14165
American Electric Power Co.Inc Equity U.S. Equ  025537101     1037    28806 SH       SOLE                    28806
American Electric Power Co Inc Common StockUSD  025537101    12525   348023 SH       SOLE    1              348023
American Express Company       Equity U.S. Equ  025816109     2891    67347 SH       SOLE                    67347
American International Group I Common StockUSD  026874784      483     8382 SH       SOLE                     8382
American Tower Corporation     Equity U.S. Equ  029912201     1252    24233 SH       SOLE                    24233
AmerisourceBergen Corporation  Equity U.S. Equ  03073E105     3855   112949 SH       SOLE                   112949
AmerisourceBergen Corp         Common StockUSD  03073E105    81214  2379539 SH       SOLE    1             2379539
Ameriprise Financial Inc.      Equity U.S. Equ  03076C106      888    15437 SH       SOLE                    15437
AMETEK, Inc.                   Equity U.S. Equ  031100100     4396   112000 SH       SOLE                   112000
Amgen Inc.                     Equity U.S. Equ  031162100    12615   229769 SH       SOLE                   229769
Amgen Inc                      Common StockUSD  031162100    40823   743526 SH       SOLE    1              743526
Amphenol Corporation           Equity U.S. Equ  032095101      862    16330 SH       SOLE                    16330
Anadarko Petroleum Corporation Equity U.S. Equ  032511107    33441   438912 SH       SOLE                   438912
Anadarko Petroleum Corp        Common StockUSD  032511107    52673   691341 SH       SOLE    1              691341
Analog Devices Inc.            Equity U.S. Equ  032654105      664    17631 SH       SOLE                    17631
Anheuser-Bush Inbev            Equity Foreign   03524A108     4944    86600 SH       SOLE                    86600
Annaly Capital Management Inc  REITUSD.01       035710409      305    17000 SH       SOLE                    17000
Ansys Inc                      Equity U.S. Equ  03662Q105      500     9600 SH       SOLE                                       9600
Aon Corporation                Equity U.S. Equ  037389103      913    19852 SH       SOLE                    19852
Apache Corporation             Equity U.S. Equ  037411105    11138    93416 SH       SOLE                    93416
Apollo Group, Inc.             Equity U.S. Equ  037604105      326     8263 SH       SOLE                     8263
Apple Inc.                     Equity U.S. Equ  037833100   128290   397751 SH       SOLE                   397751
Apple Inc                      Common StockUSD  037833100   318457   987386 SH       SOLE    1              987386
Applied Materials Inc.         Equity U.S. Equ  038222105     4653   331202 SH       SOLE                   331202
AptarGroup, Inc.               Equity U.S. Equ  038336103     2697    56700 SH       SOLE                                      56700
Archer-Daniels-Midland Co      Common StockUSD  039483102     1186    39394 SH       SOLE                    39394
Archer-Daniels-Midland Co      Common StockUSD  039483102     3830   127296 SH       SOLE    1              127296
Associated Banc-Corp           Equity U.S. Equ  045487105      274    18100 SH       SOLE                    18100
Assurant Inc                   Equity U.S. Equ  04621X108      741    19225 SH       SOLE                    19225
Atheros Communications Inc     Common StockUSD  04743P108    21729   605272 SH       SOLE                   605272
Atheros Communications Inc     Common StockUSD  04743P108    32262   898653 SH       SOLE    1              898653
Autodesk Inc.                  Equity U.S. Equ  052769106      508    13295 SH       SOLE                    13295
Autodesk Inc                   Common StockUSD  052769106      737    19273 SH       SOLE    1               19273
Autoliv Inc                    Common StockUSD  052800109      215     2718 SH       SOLE                                       2718
Automatic Data Processing Inc. Equity U.S. Equ  053015103     1937    41858 SH       SOLE                    41858
AutoZone Inc.                  Equity U.S. Equ  053332102      495     1816 SH       SOLE                     1816
AvalonBay Communities Inc.     Equity U.S. Equ  053484101    13893   123353 SH       SOLE                   123353
Avery Dennison Corporation     Equity U.S. Equ  053611109      267     6305 SH       SOLE                     6305
Avon Products Inc.             Equity U.S. Equ  054303102      738    25398 SH       SOLE                    25398
BB&T Corporation               Equity U.S. Equ  054937107     7842   298290 SH       SOLE                   298290
BP PLC                         Equity Foreign   055622104     8794   199100 SH       SOLE                   199100
BNP Paribas                    Equity Foreign   05565A202     3211   100500 SH       SOLE                   100500
BMC Software Inc.              Equity U.S. Equ  055921100      507    10768 SH       SOLE                    10768
Baker Hughes Incorporated      Equity U.S. Equ  057224107     1495    26147 SH       SOLE                    26147
Ball Corporation               Equity U.S. Equ  058498106      377     5543 SH       SOLE                     5543
Bally Technologies Inc         Common StockUSD  05874B107    20484   485289 SH       SOLE                   485289
Bally Technologies Inc         Common StockUSD  05874B107    55093  1305204 SH       SOLE    1             1305204
Banco Bilbao Vizcaya Arg S.A.  Equity Foreign   05946K101      115    11300 SH       SOLE                    11300
Banco Santander SA             Equity Foreign   05964H105    14219  1335100 SH       SOLE                  1335100
Banco Santander Brasil SA/Braz ADRUSD0          05967A107    32710  2405869 SH       SOLE                  2405869
Bank of America Corporation    Equity U.S. Equ  060505104    65825  4933839 SH       SOLE                  4933839
Bank of America Corp           Common StockUSD  060505104   134159 10053154 SH       SOLE    1            10053154
Bank of New York Mellon Corp/T Common StockUSD  064058100     6532   216276 SH       SOLE                   216276
CR Bard Inc                    Common StockUSD  067383109      516     5626 SH       SOLE                     5626
Baxter International Inc.      Equity U.S. Equ  071813109     1781    35185 SH       SOLE                    35185
Bayer AG                       Equity Foreign   072730302     4779    65150 SH       SOLE                    65150
BE Aerospace Inc.              Equity U.S. Equ  073302101      259     7000 SH       SOLE                     7000
Becton, Dickinson and Company  Equity U.S. Equ  075887109    22748   269147 SH       SOLE                   269147
Bed Bath & Beyond Inc.         Equity U.S. Equ  075896100      754    15358 SH       SOLE                    15358
Bemis Company Inc.             Equity U.S. Equ  081437105      211     6456 SH       SOLE                     6456
Berkshire Hathaway Inc         Common StockUSD  084670108     2281       19 SH       SOLE                       19
Berkshire Hathaway Inc         Equity U.S. Equ  084670702     6960    86882 SH       SOLE                    86882
Best Buy Co. Inc.              Equity U.S. Equ  086516101      768    22415 SH       SOLE                    22415
BHP Billiton Limited           Equity Foreign   088606108    23202   249700 SH       SOLE                   249700
Biogen Idec Inc.               Equity U.S. Equ  09062X103     1012    15094 SH       SOLE                    15094
BlackRock Inc                  Common StockUSD  09247X101      486     2550 SH       SOLE                     2550
H&R Block Inc.                 Equity U.S. Equ  093671105      238    19957 SH       SOLE                    19957
Boeing Company, (The)          Equity U.S. Equ  097023105     2917    44690 SH       SOLE                    44690
BorgWarner Inc                 Common StockUSD  099724106      217     3000 SH       SOLE                     3000
Boston Properties, Inc.        Equity U.S. Equ  101121101    15397   178778 SH       SOLE                   178778
Boston Scientific Corporation  Equity U.S. Equ  101137107      667    88070 SH       SOLE                    88070
Brinker International Inc      Equity U.S. Equ  109641100     1034    49500 SH       SOLE                    49500
Bristol-Myers Squibb Company   Equity U.S. Equ  110122108     3977   150166 SH       SOLE                   150166
Bristol-Myers Squibb Co        Common StockUSD  110122108    34780  1312955 SH       SOLE    1             1312955
Broadcom Corporation           Equity U.S. Equ  111320107     1194    27414 SH       SOLE                    27414
Brown-Forman Corporation       Equity U.S. Equ  115637209      383     5507 SH       SOLE                     5507
Bucyrus International Inc      Common StockUSD  118759109      201     2250 SH       SOLE                     2250
CBS Corporation                Equity U.S. Equ  124857202      759    39883 SH       SOLE                    39883
CB Richard Ellis Group Inc     Common StockUSD  12497T101      382    18667 SH       SOLE                    18667
CF Industries Holdings Inc.    Equity U.S. Equ  125269100    34272   253505 SH       SOLE                   253505
CF Industries Holdings Inc     Common StockUSD  125269100    88788   656767 SH       SOLE    1              656767
CH Robinson Worldwide Inc      Equity U.S. Equ  12541W209      818    10200 SH       SOLE                    10200
CIGNA Corporation              Equity U.S. Equ  125509109     4174   113865 SH       SOLE                   113865
CIT Group Inc                  Common StockUSD  125581801      259     5500 SH       SOLE                     5500
CME Group Inc                  Equity U.S. Equ  12572Q105     3584    11134 SH       SOLE                    11134
CME Group Inc                  Common StockUSD  12572Q105    57055   177211 SH       SOLE    1              177211
CMS Energy Corporation         Equity U.S. Equ  125896100     1685    90597 SH       SOLE                    90597
CMS Energy Corp                Common StockUSD  125896100    23420  1259144 SH       SOLE    1             1259144
CSX Corporation                Equity U.S. Equ  126408103     4473    69215 SH       SOLE                    69215
CSX Corp                       Common StockUSD  126408103    59671   923339 SH       SOLE    1              923339
CVSCaremark Corp               Equity U.S. Equ  126650100    11507   330934 SH       SOLE                   330934
CVS Caremark Corp              Common StockUSD  126650100    81936  2356174 SH       SOLE    1             2356174
CA Inc                         Equity U.S. Equ  12673P105     3401   139133 SH       SOLE                   139133
Cablevision Systems Corp       Common StockUSD  12686C109      491    14508 SH       SOLE                    14508
Cameron International Corp.    Equity U.S. Equ  13342B105      773    15230 SH       SOLE                    15230
Campbell Soup Company          Equity U.S. Equ  134429109      461    13257 SH       SOLE                    13257
Capital One Financial Corp.    Equity U.S. Equ  14040H105     1204    28294 SH       SOLE                    28294
Cardinal Health Inc.           Equity U.S. Equ  14149Y108      800    20881 SH       SOLE                    20881
CareFusion Corporation         Equity U.S. Equ  14170T101      354    13781 SH       SOLE                    13781
Carmax Inc                     Equity U.S. Equ  143130102      422    13229 SH       SOLE                    13229
Carnival Corporation           Equity Foreign   143658300     1260    27323 SH       SOLE                    27323
Caterpillar Inc.               Equity U.S. Equ  149123101     3614    38587 SH       SOLE                    38587
Caterpillar Inc                Common StockUSD  149123101     5260    56155 SH       SOLE    1               56155
Celgene Corporation            Equity U.S. Equ  151020104    14048   237584 SH       SOLE                   237584
Celgene Corp                   Common StockUSD  151020104    89375  1511493 SH       SOLE    1             1511493
CenterPoint Energy, Inc.       Equity U.S. Equ  15189T107      414    26347 SH       SOLE                    26347
CenturyLink Inc.               Equity U.S. Equ  156700106      848    18364 SH       SOLE                    18364
Cephalon, Inc.                 Equity U.S. Equ  156708109      527     8541 SH       SOLE                     8541
Cerner Corporation             Equity U.S. Equ  156782104      419     4418 SH       SOLE                     4418
Chesapeake Energy Corporation  Equity U.S. Equ  165167107     1014    39157 SH       SOLE                    39157
Chevron Corporation            Equity U.S. Equ  166764100    45165   494758 SH       SOLE                   494758
Chevron Corp                   Common StockUSD  166764100   146717  1606981 SH       SOLE    1             1606981
Chubb Corporation, (The)       Equity U.S. Equ  171232101     1135    19035 SH       SOLE                    19035
Cimarex Energy Company         Equity U.S. Equ  171798101      651     7350 SH       SOLE                     7350
Cincinnati Financial Corp.     Equity U.S. Equ  172062101      330    10409 SH       SOLE                    10409
Cisco Systems Inc.             Equity U.S. Equ  17275R102    19281   953128 SH       SOLE                   953128
Cisco Systems Inc              Common StockUSD  17275R102    25173  1244645 SH       SOLE    1             1244645
Cintas Corporation             Equity U.S. Equ  172908105      254     9076 SH       SOLE                     9076
Citigroup Inc.                 Equity U.S. Equ  172967101    57754 12199403 SH       SOLE                 12199403
Citigroup Inc                  Common StockUSD  172967101   101506 21437383 SH       SOLE    1            21437383
Citrix Systems Inc.            Equity U.S. Equ  177376100     9375   137058 SH       SOLE                   137058
Citrix Systems Inc             Common StockUSD  177376100    53175   777412 SH       SOLE    1              777412
City National Corp/CA          Common StockUSD  178566105      431     7023 SH       SOLE                     7023
Clean Harbors Inc              Equity U.S. Equ  184496107      378     4500 SH       SOLE                                       4500
Cliffs Natural Resources Inc.  Equity U.S. Equ  18683K101      647     8295 SH       SOLE                     8295
Clorox Company, (The)          Equity U.S. Equ  189054109      525     8299 SH       SOLE                     8299
Coach Inc.                     Equity U.S. Equ  189754104     1019    18412 SH       SOLE                    18412
CNinsure Inc                   ADRUSD.001       18976M103      608    35200 SH       SOLE    1               35200
Coca-Cola Company, (The)       Equity U.S. Equ  191216100    11844   180057 SH       SOLE                   180057
Coca-Cola Co/The               Common StockUSD  191216100    81963  1245919 SH       SOLE    1             1245919
Coca-Cola Enterprises Inc      Common StockUSD  19122T109     3208   128154 SH       SOLE                   128154
Cognizant Technology Solutions Common StockUSD  192446102     5099    69538 SH       SOLE                    69538
Cognizant Technology Solutions Common StockUSD  192446102    85029  1159620 SH       SOLE    1             1159620
Colgate-Palmolive Company      Equity U.S. Equ  194162103     3346    41623 SH       SOLE                    41623
Collective Brands Inc          Equity U.S. Equ  19421W100      424    20100 SH       SOLE                                      20100
Comcast Corporation            Equity U.S. Equ  20030N101    12135   552099 SH       SOLE                   552099
Comcast Corporation            Equity U.S. Equ  20030N200      897    43124 SH       SOLE                    43124
Comerica Incorporated          Equity U.S. Equ  200340107      436    10317 SH       SOLE                    10317
Compass Group PLC              Equity Foreign   20449X203    29460  3160950 SH       SOLE                  3160950
Computer Sciences Corporation  Equity U.S. Equ  205363104      456     9188 SH       SOLE                     9188
Compuware Corporation          Equity U.S. Equ  205638109      154    13202 SH       SOLE                    13202
ConAgra Foods Inc.             Equity U.S. Equ  205887102      607    26866 SH       SOLE                    26866
Concho Resources Inc/Midland T Common StockUSD  20605P101      241     2750 SH       SOLE                     2750
ConocoPhillips                 Equity U.S. Equ  20825C104     6098    89533 SH       SOLE                    89533
Consol Energy Inc              Common StockUSD  20854P109      641    13146 SH       SOLE                    13146
Consolidated Edison Inc.       Equity U.S. Equ  209115104      871    17579 SH       SOLE                    17579
Constellation Brands, Inc.     Equity U.S. Equ  21036P108      245    11040 SH       SOLE                    11040
Constellation Energy Group Inc Equity U.S. Equ  210371100      352    11470 SH       SOLE                    11470
Corning Incorporated           Equity U.S. Equ  219350105     1848    95680 SH       SOLE                    95680
Costco Wholesale Corporation   Equity U.S. Equ  22160K105     1886    26120 SH       SOLE                    26120
Covance Inc.                   Equity U.S. Equ  222816100    12102   235400 SH       SOLE                   235400
Coventry Health Care, Inc.     Equity U.S. Equ  222862104      250     9475 SH       SOLE                     9475
Credit Suisse Group            Equity Foreign   225401108     5686   140700 SH       SOLE                   140700
Cree Inc                       Common StockUSD  225447101      201     3050 SH       SOLE                     3050
Crown Castle International Cor Common StockUSD  228227104      343     7822 SH       SOLE                     7822
Cullen/Frost Bankers Inc.      Equity U.S. Equ  229899109      263     4300 SH       SOLE                                       4300
Cummins Inc.                   Equity U.S. Equ  231021106     1338    12163 SH       SOLE                    12163
Cummins Inc                    Common StockUSD  231021106    23015   209151 SH       SOLE    1              209151
DR Horton Inc                  Common StockUSD  23331A109     1206   100982 SH       SOLE                   100982
DR Horton Inc                  Common StockUSD  23331A109    25087  2101084 SH       SOLE    1             2101084
DTE Energy Company             Equity U.S. Equ  233331107      456    10057 SH       SOLE                    10057
Danaher Corporation            Equity U.S. Equ  235851102     9049   191839 SH       SOLE                   191839
Darden Restaurants Inc         Common StockUSD  237194105      385     8287 SH       SOLE                     8287
DaVita Inc                     Equity U.S. Equ  23918K108      429     6182 SH       SOLE                     6182
Deere & Company                Equity U.S. Equ  244199105     6324    76141 SH       SOLE                    76141
Deere & Co                     Common StockUSD  244199105    24298   292462 SH       SOLE    1              292462
Dell Inc.                      Equity U.S. Equ  24702R101     1502   110896 SH       SOLE                   110896
Delta Air Lines Inc            Common StockUSD  247361702     2757   218974 SH       SOLE                   218974
Delta Air Lines Inc            Common StockUSD  247361702    65390  5193795 SH       SOLE    1             5193795
Denbury Resources Inc.         Equity U.S. Equ  247916208      471    24670 SH       SOLE                    24670
DENTSPLY International Inc     Common StockUSD  249030107     5471   160112 SH       SOLE                   160112
Developers Diversified Realty  REITUSD.1        251591103     9503   674655 SH       SOLE                   674655
Devon Energy Corporation       Equity U.S. Equ  25179M103     4649    59209 SH       SOLE                    59209
Devon Energy Corp              Common StockUSD  25179M103    28256   359854 SH       SOLE    1              359854
Diamond Offshore Drilling Inc  Common StockUSD  25271C102      288     4298 SH       SOLE                     4298
Dick's Sporting Goods Inc.     Equity U.S. Equ  253393102      338     9000 SH       SOLE                     9000
Digital Realty Trust Inc       REITUSD.01       253868103     4780    92702 SH       SOLE                    92702
Digital River Inc              Common StockUSD  25388B104     4924   143049 SH       SOLE                   143049
Digital River Inc              Common StockUSD  25388B104    24394   708620 SH       SOLE    1              708620
Walt Disney Company, (The)     Equity U.S. Equ  254687106    42656  1137122 SH       SOLE                  1137122
Walt Disney Co/The             Common StockUSD  254687106   109878  2928918 SH       SOLE    1             2928918
Discover Financial Services    Equity U.S. Equ  254709108      616    33233 SH       SOLE                    33233
Discovery Communications Inc   Common StockUSD  25470F104      555    13317 SH       SOLE                    13317
DIRECTV                        Equity U.S. Equ  25490A101     2043    51172 SH       SOLE                    51172
Dolby Laboratories Inc         Common StockUSD  25659T107    20521   307548 SH       SOLE                   307548
Dolby Laboratories Inc         Common StockUSD  25659T107    73183  1096778 SH       SOLE    1             1096778
Dollar Tree Inc                Common StockUSD  256746108      203     3627 SH       SOLE                     3627
Dominion Resources Inc/VA      Common StockUSD  25746U109     1535    35931 SH       SOLE                    35931
Donaldson Company Inc.         Equity U.S. Equ  257651109      536     9200 SH       SOLE                     9200
RR Donnelley & Sons Co         Common StockUSD  257867101      227    12996 SH       SOLE                    12996
Dover Corporation              Equity U.S. Equ  260003108      666    11391 SH       SOLE                    11391
Dow Chemical Company, (The)    Equity U.S. Equ  260543103     4968   145502 SH       SOLE                   145502
Dr Pepper Snapple Group Inc    Equity U.S. Equ  26138E109      514    14606 SH       SOLE                    14606
EI du Pont de Nemours & Co     Common StockUSD  263534109     2743    54986 SH       SOLE                    54986
Duke Energy Corporation        Equity U.S. Equ  26441C105     1420    79703 SH       SOLE                    79703
Dun & Bradstreet Corp          Common StockUSD  26483E100      264     3216 SH       SOLE                     3216
EMC Corporation                Equity U.S. Equ  268648102     2835   123803 SH       SOLE                   123803
EOG Resources Inc.             Equity U.S. Equ  26875P101    25052   274045 SH       SOLE                   274045
EOG Resources Inc              Common StockUSD  26875P101     1788    19560 SH       SOLE    1               19560
EQT Corporation                Equity U.S. Equ  26884L109      390     8693 SH       SOLE                     8693
Eastman Chemical Company       Equity U.S. Equ  277432100      373     4434 SH       SOLE                     4434
Eaton Corporation              Equity U.S. Equ  278058102     1050    10337 SH       SOLE                    10337
eBay Inc.                      Equity U.S. Equ  278642103     2053    73796 SH       SOLE                    73796
Ecolab Inc.                    Equity U.S. Equ  278865100      698    13859 SH       SOLE                    13859
Edison International           Equity U.S. Equ  281020107      750    19437 SH       SOLE                    19437
Edwards Lifesciences Corp      Common StockUSD  28176E108      234     2900 SH       SOLE                     2900
El Paso Corporation            Equity U.S. Equ  28336L109      568    41259 SH       SOLE                    41259
Electronic Arts Inc.           Equity U.S. Equ  285512109     2333   142395 SH       SOLE                   142395
Emergency Medical Services Cor Common StockUSD  29100P102    16650   257681 SH       SOLE                   257681
Emergency Medical Services Cor Common StockUSD  29100P102    35096   543148 SH       SOLE    1              543148
Emerson Electric Co.           Equity U.S. Equ  291011104    17147   299911 SH       SOLE                   299911
Emerson Electric Co            Common StockUSD  291011104   118013  2063528 SH       SOLE    1             2063528
Energizer Holdings Inc         Equity U.S. Equ  29266R108      542     7422 SH       SOLE                     7422
EnerNOC Inc                    Common StockUSD  292764107     2590   108300 SH       SOLE    1              108300
Entergy Corporation            Equity U.S. Equ  29364G103      797    11247 SH       SOLE                    11247
Equifax Inc.                   Equity U.S. Equ  294429105      275     7716 SH       SOLE                     7716
Equinix Inc                    Common StockUSD  29444U502     1447    17792 SH       SOLE                    17792
Equinix Inc                    Common StockUSD  29444U502    36237   445582 SH       SOLE    1              445582
Equity One Inc                 REITUSD.01       294752100     5924   325500 SH       SOLE                   325500
Equity Residential             REITUSD.01       29476L107    21104   406115 SH       SOLE                   406115
Exelon Corporation             Equity U.S. Equ  30161N101     4276   102693 SH       SOLE                   102693
Expedia, Inc                   Equity U.S. Equ  30212P105      345    13768 SH       SOLE                    13768
Expeditors International of Wa Common StockUSD  302130109      669    12247 SH       SOLE                    12247
Express Scripts Inc.           Equity U.S. Equ  302182100     5261    97332 SH       SOLE                    97332
Exxon Mobil Corporation        Equity U.S. Equ  30231G102   103823  1419752 SH       SOLE                  1419752
Exxon Mobil Corp               Common StockUSD  30231G102   224972  3075490 SH       SOLE    1             3075490
FMC Technologies Inc           Equity U.S. Equ  30249U101     1046    11760 SH       SOLE                    11760
FXCM Inc                       Common StockUSD  302693106    12930   978038 SH       SOLE    1              978038
Fair, Isaac, Inc.              Equity U.S. Equ  303250104      269    11500 SH       SOLE                                      11500
Family Dollar Stores Inc       Common StockUSD  307000109      401     8075 SH       SOLE                     8075
Fastenal Co                    Equity U.S. Equ  311900104      533     8898 SH       SOLE                     8898
FedEx Corporation              Equity U.S. Equ  31428X106     4142    44531 SH       SOLE                    44531
FedEx Corp                     Common StockUSD  31428X106    56532   607740 SH       SOLE    1              607740
F5 Networks, Inc.              Equity U.S. Equ  315616102      650     4994 SH       SOLE                     4994
Fidelity National Information  Common StockUSD  31620M106      455    16626 SH       SOLE                    16626
Fifth Third Bancorp            Equity U.S. Equ  316773100      737    50152 SH       SOLE                    50152
51job, Inc.                    Equity Foreign   316827104     1853    37700 SH       SOLE                    37700
51job Inc                      ADRUSD.0001      316827104      978    19900 SH       SOLE    1               19900
First Horizon National Corp.   Equity U.S. Equ  320517105      168    14219 SH       SOLE                    14219
First Solar Inc                Equity U.S. Equ  336433107      445     3412 SH       SOLE                     3412
Fiserv Inc.                    Equity U.S. Equ  337738108     1236    21113 SH       SOLE                    21113
FirstEnergy Corp.              Equity U.S. Equ  337932107      692    18690 SH       SOLE                    18690
Fluor Corporation              Equity U.S. Equ  343412102      919    13866 SH       SOLE                    13866
Flowserve Corporation          Equity U.S. Equ  34354P105      413     3463 SH       SOLE                     3463
Ford Motor Company             Equity U.S. Equ  345370860     3798   226158 SH       SOLE                   226158
Forest Laboratories, Inc       Equity U.S. Equ  345838106      544    17016 SH       SOLE                    17016
Fortune Brands Inc.            Equity U.S. Equ  349631101     4389    72841 SH       SOLE                    72841
Franklin Resources Inc.        Equity U.S. Equ  354613101     1031     9267 SH       SOLE                     9267
Freeport-McMoRan Copper & Gold Common StockUSD  35671D857     8790    73186 SH       SOLE                    73186
Freeport-McMoRan Copper & Gold Common StockUSD  35671D857    33234   276687 SH       SOLE    1              276687
Frontier Communications Corp   Common StockUSD  35906A108    40511  4161548 SH       SOLE                  4161548
Frontier Communications        Common StockUSD  35906A108   115345 11848533 SH       SOLE    1            11848533
GKN PLC                        Equity Foreign   361755606     8468  2402200 SH       SOLE                  2402200
GameStop Corp.                 Equity U.S. Equ  36467W109      201     8779 SH       SOLE                     8779
Gannett Co. Inc.               Equity U.S. Equ  364730101      222    14774 SH       SOLE                    14774
Gap Inc/The                    Common StockUSD  364760108     2137    96521 SH       SOLE                    96521
Gen-Probe Incorporated         Equity U.S. Equ  36866T103      432     7400 SH       SOLE                                       7400
General Dynamics Corporation   Equity U.S. Equ  369550108    18555   261487 SH       SOLE                   261487
General Dynamics Corp          Common StockUSD  369550108    29833   420325 SH       SOLE    1              420325
General Electric Company       Equity U.S. Equ  369604103    36781  2010527 SH       SOLE                  2010527
General Electric Co            Common StockUSD  369604103   142647  7794896 SH       SOLE    1             7794896
General Growth Properties Inc  REITUSD.01       370023103    11618   750000 SH       SOLE                   750000
General Mills Inc.             Equity U.S. Equ  370334104     1382    38812 SH       SOLE                    38812
General Motors Company         Equity U.S. Equ  37045V100    13737   372713 SH       SOLE                   372713
General Motors Co              Common StockUSD  37045V100    95989  2604501 SH       SOLE    1             2604501
Genuine Parts Company          Equity U.S. Equ  372460105      518    10071 SH       SOLE                    10071
Genworth Financial Inc.        Equity U.S. Equ  37247D106      394    30024 SH       SOLE                    30024
Genzyme Corporation            Equity U.S. Equ  372917104     1143    16050 SH       SOLE                    16050
Gilead Sciences, Inc.          Equity U.S. Equ  375558103     2102    57988 SH       SOLE                    57988
Gilead Sciences Inc            Common StockUSD  375558103     6344   175038 SH       SOLE    1              175038
Goldman Sachs Group, Inc. (The Equity U.S. Equ  38141G104    45268   269153 SH       SOLE                   269153
Goldman Sachs Group Inc/The    Common StockUSD  38141G104   158617   943084 SH       SOLE    1              943084
Goodrich Corporation           Equity U.S. Equ  382388106    14173   160902 SH       SOLE                   160902
Goodrich Corp                  Common StockUSD  382388106    71187   808168 SH       SOLE    1              808168
Google Inc.                    Equity U.S. Equ  38259P508    19705    33177 SH       SOLE                    33177
Google Inc                     Common StockUSD  38259P508    57394    96637 SH       SOLE    1               96637
WW Grainger Inc                Common StockUSD  384802104      531     3848 SH       SOLE                     3848
Guess Inc                      Common StockUSD  401617105     2482    52414 SH       SOLE    1               52414
HCC Insurance Holdings Inc     Equity U.S. Equ  404132102      637    22000 SH       SOLE                                      22000
HCP Inc                        REITUSD1         40414L109     1854    50363 SH       SOLE                    50363
HSBC Holdings PLC              Equity Foreign   404280406     9090   178100 SH       SOLE                   178100
Halliburton Company            Equity U.S. Equ  406216101     2979    72956 SH       SOLE                    72956
Hanover Insurance Group Inc/Th Common StockUSD  410867105     4043    86489 SH       SOLE                    86489
Hanover Insurance Group Inc/Th Common StockUSD  410867105    87976  1882035 SH       SOLE    1             1882035
Harley-Davidson Inc.           Equity U.S. Equ  412822108      512    14778 SH       SOLE                    14778
Harris Corp                    Equity U.S. Equ  413875105      367     8115 SH       SOLE                     8115
Hartford Financial Services Gr Common StockUSD  416515104     1003    37873 SH       SOLE                    37873
Hasbro Inc.                    Equity U.S. Equ  418056107     1525    32314 SH       SOLE                    32314
Health Care REIT, Inc          Equity U.S. Equ  42217K106      435     9123 SH       SOLE                     9123
HJ Heinz Co                    Common StockUSD  423074103      970    19615 SH       SOLE                    19615
Helmerich & Payne Inc.         Equity U.S. Equ  423452101      601    12393 SH       SOLE                                      12393
Hershey Company                Equity U.S. Equ  427866108      447     9488 SH       SOLE                     9488
Hess Corporation               Equity U.S. Equ  42809H107     5221    68192 SH       SOLE                    68192
Hess Corp                      Common StockUSD  42809H107    93614  1222748 SH       SOLE    1             1222748
Hewlett-Packard Company        Equity U.S. Equ  428236103    39941   948625 SH       SOLE                   948625
Hewlett-Packard Co             Common StockUSD  428236103   162994  3871126 SH       SOLE    1             3871126
Home Depot Inc., (The)         Equity U.S. Equ  437076102    11018   314257 SH       SOLE                   314257
Home Depot Inc                 Common StockUSD  437076102    26178   746668 SH       SOLE    1              746668
Honeywell International Inc.   Equity U.S. Equ  438516106     2528    47544 SH       SOLE                    47544
Hormel Foods Corp              Equity U.S. Equ  440452100      267     5224 SH       SOLE                     5224
Hospira Inc.                   Equity U.S. Equ  441060100      553     9935 SH       SOLE                     9935
Host Hotels & Resorts Inc      REITUSD.01       44107P104    11073   619484 SH       SOLE                   619484
Hudson City Bancorp Inc        Equity U.S. Equ  443683107      403    31658 SH       SOLE                    31658
Humana Inc.                    Equity U.S. Equ  444859102      564    10288 SH       SOLE                    10288
JB Hunt Transport Services Inc Equity U.S. Equ  445658107     3135    76826 SH       SOLE                    76826
Huntington Bancshares Inc/OH   Common StockUSD  446150104      356    51893 SH       SOLE                    51893
ITT Corporation                Equity U.S. Equ  450911102      561    10753 SH       SOLE                    10753
Illinois Tool Works Inc.       Equity U.S. Equ  452308109     1620    30343 SH       SOLE                    30343
Illumina Inc                   Common StockUSD  452327109      209     3300 SH       SOLE                     3300
Informatica Corp               Equity U.S. Equ  45666Q102     7203   163600 SH       SOLE                                     163600
Intel Corporation              Equity U.S. Equ  458140100     7149   339850 SH       SOLE                   339850
IntercontinentalExchange Inc   Equity U.S. Equ  45865V100     2260    18946 SH       SOLE                    18946
IntercontinentalExchange Inc   Common StockUSD  45865V100    60587   507899 SH       SOLE    1              507899
International Business Machine Common StockUSD  459200101    33063   225283 SH       SOLE                   225283
International Flavors & Fragra Common StockUSD  459506101      289     5197 SH       SOLE                     5197
International Game Technology  Equity U.S. Equ  459902102      316    17860 SH       SOLE                    17860
International Paper Company    Equity U.S. Equ  460146103      707    25945 SH       SOLE                    25945
International Power PLC        Equity Foreign   46018M104     2803    40600 SH       SOLE                    40600
Interpublic Group of Cos Inc/T Common StockUSD  460690100      319    30018 SH       SOLE                    30018
Intuit Inc.                    Equity U.S. Equ  461202103     3384    68628 SH       SOLE                    68628
Intuitive Surgical, Inc.       Equity U.S. Equ  46120E602      609     2364 SH       SOLE                     2364
Iridium Communications Inc     Common StockUSD  46269C102     1814   219753 SH       SOLE                   219753
Iridium Communications Inc     Common StockUSD  46269C102    23718  2873123 SH       SOLE    1             2873123
Iron Mountain Inc              Equity U.S. Equ  462846106      302    12061 SH       SOLE                    12061
iShares S&P 500 Index Fund/US  ETPUSD           464287200     2364    18716 SH       SOLE    1               18716
iShares MSCI EAFE Index Fund   ETPUSD           464287465    36024   618646 SH       SOLE                   618646
Israel Chemicals Ltd           ADRUSD           465036200      173    10000 SH       SOLE                                      10000
ITAU Unibanco Holdings SA      Equity Foreign   465562106     3594   149700 SH       SOLE                   149700
Itron Inc                      Equity U.S. Equ  465741106     3549    64000 SH       SOLE                    64000
JPMorgan Chase & Co.           Common StockUSD  46625H100    90548  2134397 SH       SOLE                  2134397
JPMorgan Chase & Co.           Common StockUSD  46625H100   146954  3463444 SH       SOLE    1             3463444
Jabil Circuit Inc.             Equity U.S. Equ  466313103      252    12505 SH       SOLE                    12505
Jacobs Engineering Group Inc.  Equity U.S. Equ  469814107     5592   121969 SH       SOLE                   121969
Janus Capital Group Inc.       Equity U.S. Equ  47102X105      152    11755 SH       SOLE                    11755
Johnson & Johnson              Equity U.S. Equ  478160104    29995   484944 SH       SOLE                   484944
Johnson & Johnson              Common StockUSD  478160104      642    10375 SH       SOLE    1               10375
Johnson Controls Inc.          Equity U.S. Equ  478366107     1546    40472 SH       SOLE                    40472
Joy Global Inc                 Common StockUSD  481165108      247     2850 SH       SOLE                     2850
Juniper Networks Inc.          Equity U.S. Equ  48203R104     1194    32335 SH       SOLE                    32335
KLA-Tencor Corporation         Equity U.S. Equ  482480100      399    10332 SH       SOLE                    10332
KLA-Tencor Corp                Common StockUSD  482480100     9188   237619 SH       SOLE    1              237619
KB Home                        Equity U.S. Equ  48666K109      371    27500 SH       SOLE                    27500
KB Home                        Common StockUSD  48666K109      581    43032 SH       SOLE    1               43032
Kellogg Company                Equity U.S. Equ  487836108     2761    54044 SH       SOLE                    54044
Kellogg Co                     Common StockUSD  487836108    10686   209126 SH       SOLE    1              209126
Kennametal Inc                 Equity U.S. Equ  489170100      351     8900 SH       SOLE                                       8900
KeyCorp                        Equity U.S. Equ  493267108      486    54827 SH       SOLE                    54827
Kimberly-Clark Corporation     Equity U.S. Equ  494368103     1829    29012 SH       SOLE                    29012
Kimco Realty Corporation       Equity U.S. Equ  49446R109    11261   623871 SH       SOLE                   623871
Kohl's Corporation             Equity U.S. Equ  500255104     5438   100071 SH       SOLE                   100071
Kraft Foods Inc.               Equity U.S. Equ  50075N104     3344   106108 SH       SOLE                   106108
Kroger Co/The                  Common StockUSD  501044101      883    39496 SH       SOLE                    39496
LSI Corporation                Equity U.S. Equ  502161102      197    33012 SH       SOLE                    33012
L-3 Communications Holdings In Common StockUSD  502424104      472     6684 SH       SOLE                     6684
Laboratory Corp. of Amer Hldgs Equity U.S. Equ  50540R409      557     6338 SH       SOLE                     6338
Las Vegas Sands Corp           Common StockUSD  517834107      400     8706 SH       SOLE                     8706
The Estee Lauder Companies Inc Equity U.S. Equ  518439104      570     7061 SH       SOLE                     7061
Lear Corp                      Common StockUSD  521865204     2495    25263 SH       SOLE                    25263
Lear Corp                      Common StockUSD  521865204    76689   776554 SH       SOLE    1              776554
Legg Mason Inc                 Equity U.S. Equ  524901105      348     9597 SH       SOLE                     9597
Lennar Corporation             Equity U.S. Equ  526057104      192    10246 SH       SOLE                    10246
Leucadia National Corp         Equity U.S. Equ  527288104      335    11492 SH       SOLE                    11492
Liberty Media Corp - Interacti Tracking StkUSD  53071M104      234    14825 SH       SOLE                    14825
Life Technologies Corporation  Equity U.S. Equ  53217V109      617    11107 SH       SOLE                    11107
Eli Lilly and Company          Equity U.S. Equ  532457108     4944   141100 SH       SOLE                   141100
Ltd Brands Inc                 Common StockUSD  532716107      525    17078 SH       SOLE                    17078
Lincoln National Corporation   Equity U.S. Equ  534187109      928    33346 SH       SOLE                    33346
Linear Technology Corporation  Equity U.S. Equ  535678106     3842   111055 SH       SOLE                   111055
Lockheed Martin Corporation    Equity U.S. Equ  539830109     1394    19941 SH       SOLE                    19941
Loews Corporation              Equity U.S. Equ  540424108      839    21572 SH       SOLE                    21572
Lorillard Inc                  Equity U.S. Equ  544147101      736     8968 SH       SOLE                     8968
Lowe's Cos Inc                 Common StockUSD  548661107     4279   170615 SH       SOLE                   170615
M&T Bank Corporation           Equity U.S. Equ  55261F104     1109    12739 SH       SOLE                    12739
MEMC Electronic Materials Inc  Equity U.S. Equ  552715104      137    12152 SH       SOLE                    12152
Macerich Co/The                REITUSD.01       554382101     5113   107888 SH       SOLE                   107888
Mack-Cali Realty Corp          REITUSD.01       554489104     3232    97811 SH       SOLE                    97811
Macy's Inc                     Equity U.S. Equ  55616P104    16519   652872 SH       SOLE                   652872
Macy's Inc                     Common StockUSD  55616P104   107983  4266398 SH       SOLE    1             4266398
Magna International Inc        Common StockCAD  559222401     1694    32582 SH       SOLE                    32582
Magna International Inc        Common StockCAD  559222401    39802   765576 SH       SOLE    1              765576
Marathon Oil Corp              Equity U.S. Equ  565849106     1615    43598 SH       SOLE                    43598
Marsh & McLennan Cos Inc       Common StockUSD  571748102      894    32695 SH       SOLE                    32695
Marshall & Ilsley Corporation  Equity U.S. Equ  571837103      203    29345 SH       SOLE                    29345
Marriott International Inc/DE  Common StockUSD  571903202    13099   315283 SH       SOLE                   315283
Masco Corporation              Equity U.S. Equ  574599106      281    22231 SH       SOLE                    22231
Mastercard Inc                 Equity U.S. Equ  57636Q104    13767    61413 SH       SOLE                    61413
Mastercard Inc                 Common StockUSD  57636Q104    81975   365673 SH       SOLE    1              365673
Mattel Inc.                    Equity U.S. Equ  577081102     1784    70148 SH       SOLE                    70148
Maxim Integrated Products Inc  Common StockUSD  57772K101      201     8500 SH       SOLE                     8500
McAfee Inc.                    Equity U.S. Equ  579064106      423     9140 SH       SOLE                     9140
McCormick & Company Inc.       Equity U.S. Equ  579780206     1051    22577 SH       SOLE                    22577
McDonald's Corporation         Equity U.S. Equ  580135101    22035   287069 SH       SOLE                   287069
McGraw-Hill Cos. Inc. (The)    Equity U.S. Equ  580645109      671    18401 SH       SOLE                    18401
McKesson Corporation           Equity U.S. Equ  58155Q103     1102    15659 SH       SOLE                    15659
Mead Johnson Nutrition Company Equity U.S. Equ  582839106    37239   598126 SH       SOLE                   598126
Mead Johnson Nutrition Co      Common StockUSD  582839106    89396  1435851 SH       SOLE    1             1435851
MeadWestvaco Corp              Equity U.S. Equ  583334107      274    10504 SH       SOLE                    10504
Medco Health Solutions, Inc.   Equity U.S. Equ  58405U102     1603    26163 SH       SOLE                    26163
Medicis Pharmaceutical Corp.   Equity U.S. Equ  584690309      201     7500 SH       SOLE                     7500
Medtronic Inc.                 Equity U.S. Equ  585055106     6329   170635 SH       SOLE                   170635
Merck & Co., Inc.              Equity U.S. Equ  58933Y105    36694  1017894 SH       SOLE                  1017894
Meredith Corporation           Equity U.S. Equ  589433101      500    14433 SH       SOLE                    14433
MetLife Inc.                   Equity U.S. Equ  59156R108    49928  1123495 SH       SOLE                  1123495
MetLife Inc                    Common StockUSD  59156R108   128194  2884662 SH       SOLE    1             2884662
MetroPCS Communications, Inc.  Equity U.S. Equ  591708102      198    15679 SH       SOLE                    15679
Microsoft Corporation          Equity U.S. Equ  594918104    63601  2278794 SH       SOLE                  2278794
Microsoft Corp                 Common StockUSD  594918104   108760  3896819 SH       SOLE    1             3896819
Microchip Technology Inc.      Equity U.S. Equ  595017104      390    11391 SH       SOLE                    11391
Micron Technology Inc.         Equity U.S. Equ  595112103      452    56367 SH       SOLE                    56367
Mindray Medical Intl Limited   Equity Foreign   602675100    10147   384290 SH       SOLE                   384290
Molson Coors Brewing Company   Equity U.S. Equ  60871R209    69666  1387910 SH       SOLE                  1387910
Molycorp Inc                   Common StockUSD  608753109    10716   214593 SH       SOLE                   214593
Molycorp Inc                   Common StockUSD  608753109    74348  1488899 SH       SOLE    1             1488899
Monsanto Company               Equity U.S. Equ  61166W101    68209   979413 SH       SOLE                   979413
Monsanto Co                    Common StockUSD  61166W101   121936  1750827 SH       SOLE    1             1750827
Moody's Corporation            Equity U.S. Equ  615369105      342    12869 SH       SOLE                    12869
Morgan Stanley                 Equity U.S. Equ  617446448     3030   111326 SH       SOLE                   111326
Morgan Stanley                 Common StockUSD  617446448    30788  1131280 SH       SOLE    1             1131280
Mosaic Co/The                  Common StockUSD  61945A107      383     5020 SH       SOLE                     5020
Motorola Inc                   Common StockUSD  620076109      566    62497 SH       SOLE                    62497
Motorola Solutions Inc.        Equity U.S. Equ  620076307      724    79776 SH       SOLE                    79776
Murphy Oil Corporation         Equity U.S. Equ  626717102      873    11705 SH       SOLE                    11705
Mylan Inc/PA                   Common StockUSD  628530107      556    26304 SH       SOLE                    26304
Nrg Energy Inc.                Equity U.S. Equ  629377508      286    14642 SH       SOLE                    14642
NYSE Euronext                  Equity U.S. Equ  629491101      472    15742 SH       SOLE                    15742
National Oilwell Varco, Inc.   Equity U.S. Equ  637071101     1694    25194 SH       SOLE                    25194
National Oilwell Varco Inc     Common StockUSD  637071101      302     4485 SH       SOLE    1                4485
National Semiconductor Corp    Common StockUSD  637640103      208    15089 SH       SOLE                    15089
National Semiconductor Corp    Common StockUSD  637640103    10881   789893 SH       SOLE    1              789893
Nationwide Health Properties I REITUSD.1        638620104     1737    47730 SH       SOLE                    47730
Nestle S.A.                    Equity Foreign   641069406     8605   146300 SH       SOLE                   146300
NetApp Inc                     Equity U.S. Equ  64110D104     1199    21827 SH       SOLE                    21827
Netflix Inc                    Equity U.S. Equ  64110L106      492     2801 SH       SOLE                     2801
New York Community Bancorp Inc Equity U.S. Equ  649445103      625    33125 SH       SOLE                    33125
Newell Rubbermaid Inc          Common StockUSD  651229106      667    36665 SH       SOLE                    36665
Newfield Exploration Company   Equity U.S. Equ  651290108      581     8056 SH       SOLE                     8056
Newmont Mng Corp               Equity U.S. Equ  651639106     1829    29766 SH       SOLE                    29766
News Corporation Ltd, (The)    Equity U.S. Equ  65248E104    40302  2767243 SH       SOLE                  2767243
News Corp                      Common StockUSD  65248E104    98464  6760305 SH       SOLE    1             6760305
News Corp                      Common StockUSD  65248E203      257    15681 SH       SOLE                    15681
NextEra Energy Inc             Equity U.S. Equ  65339F101     3520    67705 SH       SOLE                    67705
NIKE Inc.                      Equity U.S. Equ  654106103     2398    28065 SH       SOLE                    28065
Nisource Inc                   Equity U.S. Equ  65473P105      300    17016 SH       SOLE                    17016
Noble Energy Inc.              Equity U.S. Equ  655044105     1393    16179 SH       SOLE                    16179
Nordstrom Inc                  Equity U.S. Equ  655664100      490    11560 SH       SOLE                    11560
Norfolk Southern Corporation   Equity U.S. Equ  655844108     1429    22753 SH       SOLE                    22753
Northeast Utilities            Equity U.S. Equ  664397106      347    10867 SH       SOLE                    10867
Northern Trust Corporation     Equity U.S. Equ  665859104     8313   150016 SH       SOLE                   150016
Northrop Grumman Corporation   Equity U.S. Equ  666807102     1150    17757 SH       SOLE                    17757
Novell Inc                     Equity U.S. Equ  670006105       71    11938 SH       SOLE                    11938
Nucor Corporation              Equity U.S. Equ  670346105      828    18883 SH       SOLE                    18883
NVIDIA Corporation             Equity U.S. Equ  67066G104    30991  2012384 SH       SOLE                  2012384
O'Reilly Automotive Inc        Common StockUSD  67103H107      215     3550 SH       SOLE                     3550
O'Reilly Automotive Inc        Common StockUSD  67103H107     1408    23300 SH       SOLE    1               23300
Occidental Petroleum Corp      Equity U.S. Equ  674599105    77111   785893 SH       SOLE                   785893
Occidental Petroleum Corp      Common StockUSD  674599105   161483  1645686 SH       SOLE    1             1645686
Omnicom Group Inc.             Equity U.S. Equ  681919106    19759   431433 SH       SOLE                   431433
ON Semiconductor Corp          Common StockUSD  682189105     4311   436099 SH       SOLE                   436099
ON Semiconductor Corp          Common StockUSD  682189105   100883 10205709 SH       SOLE    1            10205709
Oneok Inc                      Equity U.S. Equ  682680103      200     3611 SH       SOLE                                       3611
OpenTable Inc                  Common StockUSD  68372A104     5686    80662 SH       SOLE                    80662
OpenTable Inc                  Common StockUSD  68372A104     7354   104313 SH       SOLE    1              104313
Oracle Corporation             Equity U.S. Equ  68389X105    29805   952240 SH       SOLE                   952240
Oracle Corp                    Common StockUSD  68389X105   134301  4290765 SH       SOLE    1             4290765
Orbital Sciences Corp          Common StockUSD  685564106     1264    73707 SH       SOLE                    73707
Orbital Sciences Corp          Common StockUSD  685564106    25071  1461851 SH       SOLE    1             1461851
O'Reilly Automotive Inc.       Equity U.S. Equ  686091109      286     4737 SH       SOLE                     4737
Ormat Technologies, Inc        Equity U.S. Equ  686688102      358    12100 SH       SOLE                    12100
Owens-Illinois Inc             Common StockUSD  690768403      320    10452 SH       SOLE                    10452
Pg&E Corporation               Equity U.S. Equ  69331C108     8485   177352 SH       SOLE                   177352
PNC Financial Services Group I Common StockUSD  693475105    39903   657121 SH       SOLE                   657121
PNC Financial Services Group I Common StockUSD  693475105    64186  1056989 SH       SOLE    1             1056989
Ppg Industries Inc             Equity U.S. Equ  693506107      855    10176 SH       SOLE                    10176
PPL Corporation                Equity U.S. Equ  69351T106      790    30000 SH       SOLE                    30000
PACCAR Inc.                    Equity U.S. Equ  693718108     1282    22345 SH       SOLE                    22345
PACCAR Inc                     Common StockUSD  693718108     2007    34980 SH       SOLE    1               34980
Pall Corporation               Equity U.S. Equ  696429307      362     7296 SH       SOLE                     7296
Pampa Energia SA               Equity Foreign   697660207     3617   212532 SH       SOLE                                     212532
Parker Hannifin Corporation    Equity U.S. Equ  701094104      822     9526 SH       SOLE                     9526
Patterson Cos Inc              Common StockUSD  703395103     3091   100928 SH       SOLE                   100928
Paychex Inc.                   Equity U.S. Equ  704326107      617    19956 SH       SOLE                    19956
Peabody Energy Corporation     Equity U.S. Equ  704549104     1073    16768 SH       SOLE                    16768
JC Penney Co Inc               Common StockUSD  708160106      478    14804 SH       SOLE                    14804
People's United Financial Inc  Common StockUSD  712704105      314    22375 SH       SOLE                    22375
Pepco Holdings Inc             Equity U.S. Equ  713291102      230    12595 SH       SOLE                    12595
PepsiCo Inc/NC                 Common StockUSD  713448108    78237  1197560 SH       SOLE                  1197560
PepsiCo Inc/NC                 Common StockUSD  713448108   172888  2646386 SH       SOLE    1             2646386
Perfect World Co Ltd           ADRUSD           71372U104      940    39800 SH       SOLE    1               39800
Pfizer Inc.                    Equity U.S. Equ  717081103   101469  5794046 SH       SOLE                  5794046
Pfizer Inc                     Common StockUSD  717081103   172285  9836421 SH       SOLE    1             9836421
Philip Morris Intl. Inc.       Equity U.S. Equ  718172109    32428   553999 SH       SOLE                   553999
Pinnacle West Capital Corp     Common StockUSD  723484101      291     7015 SH       SOLE                     7015
Pioneer Natural Resources Co   Equity U.S. Equ  723787107      612     7047 SH       SOLE                     7047
Pitney Bowes Inc.              Equity U.S. Equ  724479100      298    12329 SH       SOLE                    12329
Plum Creek Timber Co Inc       REITUSD.01       729251108      348     9292 SH       SOLE                     9292
Polo Ralph Lauren Corporation  Equity U.S. Equ  731572103      443     3993 SH       SOLE                     3993
Polycom, Inc.                  Equity U.S. Equ  73172K104    39872  1022497 SH       SOLE                  1022497
Polycom Inc                    Common StockUSD  73172K104    78380  2010010 SH       SOLE    1             2010010
Popular Inc                    Common StockUSD  733174106       76    24145 SH       SOLE                    24145
Potash Corp of Saskatchewan In Common StockCAD  73755L107     2631    17000 SH       SOLE    1               17000
Praxair Inc.                   Equity U.S. Equ  74005P104    20679   216607 SH       SOLE                   216607
Precision Castparts Corp       Equity U.S. Equ  740189105     3706    26614 SH       SOLE                    26614
Precision Castparts Corp       Common StockUSD  740189105    60202   432301 SH       SOLE    1              432301
T. Rowe Price Group Inc.       Equity U.S. Equ  74144T108     1028    15922 SH       SOLE                    15922
priceline.com Inc              Common StockUSD  741503403     7001    17523 SH       SOLE                    17523
Principal Financial Group Inc  Common StockUSD  74251V102      635    19508 SH       SOLE                    19508
Procter & Gamble Company, The  Equity U.S. Equ  742718109    93110  1447168 SH       SOLE                  1447168
Procter & Gamble Co/The        Common StockUSD  742718109   221163  3437149 SH       SOLE    1             3437149
Progress Energy, Inc.          Equity U.S. Equ  743263105      777    17870 SH       SOLE                    17870
Progressive Corporation        Equity U.S. Equ  743315103      821    41320 SH       SOLE                    41320
ProLogis                       REITUSD.01       743410102    11832   818817 SH       SOLE                   818817
Protective Life Corp           Equity U.S. Equ  743674103      266    10000 SH       SOLE                    10000
Prudential Financial Inc.      Equity U.S. Equ  744320102     1711    29139 SH       SOLE                    29139
Public Service Enterprise Grou Common StockUSD  744573106      980    30806 SH       SOLE                    30806
Public Storage                 REITUSD.1        74460D109     5584    55033 SH       SOLE                    55033
Pulte Group Inc.               Equity U.S. Equ  745867101      160    21236 SH       SOLE                    21236
QEP Resources Inc.             Equity U.S. Equ  74733V100      384    10593 SH       SOLE                    10593
QUALCOMM Incorporated          Equity U.S. Equ  747525103    46719   944158 SH       SOLE                   944158
QUALCOMM Inc                   Common StockUSD  747525103   129615  2619540 SH       SOLE    1             2619540
Quest Diagnostics Incorporated Equity U.S. Equ  74834L100      958    17746 SH       SOLE                    17746
Qwest Communications Intl Inc. Equity U.S. Equ  749121109     4575   600893 SH       SOLE                   600893
Qwest Communications Internati Common StockUSD  749121109   100482 13195237 SH       SOLE    1            13195237
Range Resources Corporation    Equity U.S. Equ  75281A109      419     9332 SH       SOLE                     9332
Raymond  James Financial Inc.  Equity U.S. Equ  754730109     4670   142800 SH       SOLE                                     142800
Raytheon Company               Equity U.S. Equ  755111507     1023    22063 SH       SOLE                    22063
RealD Inc                      Common StockUSD  75604L105     5067   195289 SH       SOLE                   195289
RealD Inc                      Common StockUSD  75604L105    16046   618465 SH       SOLE    1              618465
Red Hat Inc                    Equity U.S. Equ  756577102      471    10318 SH       SOLE                    10318
Regency Centers Corp           REITUSD.01       758849103     6299   149052 SH       SOLE                   149052
Regions Financial Corporation  Equity U.S. Equ  7591EP100      542    77447 SH       SOLE                    77447
Republic Services Inc          Equity U.S. Equ  760759100      641    21438 SH       SOLE                    21438
Republic Services Inc          Common StockUSD  760759100    11791   394670 SH       SOLE    1              394670
Reynolds American Inc.         Equity U.S. Equ  761713106      758    23237 SH       SOLE                    23237
Robert Half International Inc. Equity U.S. Equ  770323103      282     9214 SH       SOLE                     9214
Roche Holdings AG              Equity Foreign   771195104    15968   435700 SH       SOLE                   435700
Rockwell Automation Inc        Common StockUSD  773903109     8192   114237 SH       SOLE                   114237
Rockwell Collins Inc.          Equity U.S. Equ  774341101      564     9672 SH       SOLE                     9672
Roper Industries Inc.          Equity U.S. Equ  776696106      720     9415 SH       SOLE                     9415
Ross Stores Inc.               Equity U.S. Equ  778296103      449     7096 SH       SOLE                     7096
Rowan Cos Inc                  Common StockUSD  779382100      256     7305 SH       SOLE                     7305
Royal Dutch Shell PLC          Equity Foreign   780259206      437     6540 SH       SOLE                     6540
SAIC Inc                       Equity U.S. Equ  78390X101      317    19970 SH       SOLE                    19970
SL Green Realty                REITUSD.01       78440X101     9485   140430 SH       SOLE                   140430
SLM Corporation                Equity U.S. Equ  78442P106      374    29651 SH       SOLE                    29651
SPDR S&P 500 ETF Trust         Equity U.S. Equ  78462F103   130603  1038591 SH       SOLE                  1038591
SPX Corp                       Equity U.S. Equ  784635104     7472   104516 SH       SOLE                   104516
Safeway Inc.                   Equity U.S. Equ  786514208      527    23437 SH       SOLE                    23437
St. Jude Medical, Inc.         Equity U.S. Equ  790849103      855    19991 SH       SOLE                    19991
Salesforce.com Inc             Equity U.S. Equ  79466L302      880     6664 SH       SOLE                     6664
Sandisk Corp.                  Equity U.S. Equ  80004C101      710    14237 SH       SOLE                    14237
Sara Lee Corporation           Equity U.S. Equ  803111103      685    39140 SH       SOLE                    39140
SAVVIS Inc                     Equity U.S. Equ  805423308      319    12500 SH       SOLE                    12500
SCANA Corp                     Equity U.S. Equ  80589M102      294     7248 SH       SOLE                     7248
Schlumberger Ltd               Common StockUSD  806857108    47872   573237 SH       SOLE                   573237
Schlumberger Ltd               Common StockUSD  806857108   195811  2344195 SH       SOLE    1             2344195
Charles Schwab Corporation The Equity U.S. Equ  808513105    10784   630326 SH       SOLE                   630326
Scripps Networks Interactive I Common StockUSD  811065101      601    11609 SH       SOLE                    11609
Sealed Air Corporation         Equity U.S. Equ  81211K100      237     9325 SH       SOLE                     9325
Sears Holdings Corp            Common StockUSD  812350106      217     2942 SH       SOLE                     2942
Utilities Select Sector SPDR   Equity U.S. Equ  81369Y886     8468   270100 SH       SOLE                                     270100
Sempra Energy                  Equity U.S. Equ  816851109      788    14996 SH       SOLE                    14996
Sherwin-Williams Co/The        Common StockUSD  824348106      522     6223 SH       SOLE                     6223
Siemens AG                     Equity Foreign   826197501    21222   170800 SH       SOLE                   170800
Sigma-Aldrich Corp             Common StockUSD  826552101      860    12922 SH       SOLE                    12922
Simon Property Group, Inc.     Equity U.S. Equ  828806109    36262   364367 SH       SOLE                   364367
Sirius XM Radio Inc            Common StockUSD  82967N108      173   105907 SH       SOLE                   105907
JM Smucker Co/The              Common StockUSD  832696405      456     6953 SH       SOLE                     6953
Sony Corporation               Equity Foreign   835699307     4260   119300 SH       SOLE                   119300
Sotheby's                      Common StockUSD  835898107     1627    36134 SH       SOLE                    36134
Sotheby's                      Common StockUSD  835898107    28260   627730 SH       SOLE    1              627730
Southern Company               Equity U.S. Equ  842587107     1960    51264 SH       SOLE                    51264
Southern Copper Corp           Common StockUSD  84265V105      356     7310 SH       SOLE                     7310
Southwest Airlines Co.         Equity U.S. Equ  844741108      580    44697 SH       SOLE                    44697
Southwestern Energy Company    Equity U.S. Equ  845467109     5243   140075 SH       SOLE                   140075
Spectra Energy Corporation     Equity U.S. Equ  847560109     1238    49562 SH       SOLE                    49562
Sprint Nextel Corporation      Equity U.S. Equ  852061100      783   184920 SH       SOLE                   184920
Stanley Black & Decker Inc.    Equity U.S. Equ  854502101    14476   216448 SH       SOLE                   216448
Stanley Black & Decker Inc     Common StockUSD  854502101    73839  1103976 SH       SOLE    1             1103976
Staples Inc                    Equity U.S. Equ  855030102    16304   716035 SH       SOLE                   716035
Starbucks Corp                 Equity U.S. Equ  855244109     1452    45187 SH       SOLE                    45187
Starwood Hotels & Resorts Worl Common StockUSD  85590A401    16128   265294 SH       SOLE                   265294
State Street Corporation       Equity U.S. Equ  857477103     1438    31033 SH       SOLE                    31033
Statoil A.S.A.                 Equity Foreign   85771P102     7782   327400 SH       SOLE                   327400
Stericycle Inc                 Equity U.S. Equ  858912108      813    10054 SH       SOLE                    10054
Stryker Corporation            Equity U.S. Equ  863667101     1073    19971 SH       SOLE                    19971
Stryker Corp                   Common StockUSD  863667101      588    10952 SH       SOLE    1               10952
SuccessFactors Inc             Common StockUSD  864596101     1169    40344 SH       SOLE                    40344
SuccessFactors Inc             Common StockUSD  864596101    33460  1155172 SH       SOLE    1             1155172
Sunoco, Inc.                   Equity U.S. Equ  86764P109      292     7234 SH       SOLE                     7234
Suntrust Banks Inc             Equity U.S. Equ  867914103      904    30626 SH       SOLE                    30626
Supervalu Inc                  Equity U.S. Equ  868536103      119    12421 SH       SOLE                    12421
Symantec Corporation           Equity U.S. Equ  871503108      775    46304 SH       SOLE                    46304
Sysco Corporation              Equity U.S. Equ  871829107     4952   168439 SH       SOLE                   168439
TD Ameritrade Holding Corp     Equity U.S. Equ  87236Y108      442    23293 SH       SOLE                    23293
TECO Energy, Inc.              Equity U.S. Equ  872375100      249    13962 SH       SOLE                    13962
TJX Cos Inc                    Common StockUSD  872540109     1055    23755 SH       SOLE                    23755
Tanger Factory Outlet Centers  REITUSD.01       875465106     1625    31722 SH       SOLE                    31722
Target Corporation             Equity U.S. Equ  87612E106     7102   118107 SH       SOLE                   118107
Target Corp                    Common StockUSD  87612E106   105590  1755875 SH       SOLE    1             1755875
Taubman Centers Inc            REITUSD.01       876664103     3288    65100 SH       SOLE                    65100
Telefonica S.A.                Equity Foreign   879382208     7081   103500 SH       SOLE                   103500
Telephone and Data Systems     Equity U.S. Equ  879433100      960    26264 SH       SOLE                    26264
Tellabs Inc.                   Equity U.S. Equ  879664100       85    12527 SH       SOLE                    12527
Tenet Healthcare Corporation   Equity U.S. Equ  88033G100      774   115707 SH       SOLE                   115707
Tenet Healthcare Corp          Common StockUSD  88033G100    23068  3445616 SH       SOLE    1             3445616
Teradata Corp                  Common StockUSD  88076W103      418    10149 SH       SOLE                    10149
Tesco PLC                      Equity Foreign   881575302     5671   281000 SH       SOLE                   281000
Teva Pharmaceutical Industries ADRUSD           881624209     6901   132400 SH       SOLE                   132400
Texas Instruments Incorporated Equity U.S. Equ  882508104     9748   299952 SH       SOLE                   299952
Textron Inc                    Equity U.S. Equ  883203101      402    16979 SH       SOLE                    16979
Thermo Fisher Scientific Inc   Equity U.S. Equ  883556102     5076    91683 SH       SOLE                    91683
Thoratec Corp                  Equity U.S. Equ  885175307      241     8500 SH       SOLE                                       8500
3M Company                     Equity U.S. Equ  88579Y101     4840    56082 SH       SOLE                    56082
Tiffany & Co                   Equity U.S. Equ  886547108      483     7753 SH       SOLE                     7753
Time Warner Inc.               Equity U.S. Equ  887317303     2161    67172 SH       SOLE                    67172
Time Warner Cable Inc          Common StockUSD  88732J207    34698   525420 SH       SOLE                   525420
Time Warner Cable Inc          Common StockUSD  88732J207     4092    61956 SH       SOLE    1               61956
Torchmark Corporation          Equity U.S. Equ  891027104      300     5015 SH       SOLE                     5015
Total S.A.                     Equity Foreign   89151E109     2535    47400 SH       SOLE                    47400
Toyota Motor Corporation       Equity Foreign   892331307     3869    49200 SH       SOLE                    49200
Travelers Cos Inc/The          Common StockUSD  89417E109     1567    28134 SH       SOLE                    28134
Tupperware Brands Corp         Common StockUSD  899896104     3982    83485 SH       SOLE                    83485
Tupperware Brands Corp         Common StockUSD  899896104   102505  2149187 SH       SOLE    1             2149187
Turkcell Iletisim Hizmet AS    ADRTRY1          900111204    29895  1744293 SH       SOLE                  1744293
Tyson Foods, Inc.              Equity U.S. Equ  902494103      301    17463 SH       SOLE                    17463
UDR Inc                        REITUSD.01       902653104     2846   120907 SH       SOLE                   120907
US Bancorp                     Common StockUSD  902973304    18929   701838 SH       SOLE                   701838
Union Pacific Corp             Common StockUSD  907818108     2785    30045 SH       SOLE                    30045
Union Pacific Corp             Common StockUSD  907818108      480     5184 SH       SOLE    1                5184
United Parcel Service, Inc.    Equity U.S. Equ  911312106    21581   297335 SH       SOLE                   297335
United Parcel Service Inc      Common StockUSD  911312106     4106    56567 SH       SOLE    1               56567
United States Steel Corp       Equity U.S. Equ  912909108     1727    29559 SH       SOLE                    29559
United States Steel Corp       Common StockUSD  912909108    35818   613068 SH       SOLE    1              613068
United Technologies Corp.      Equity U.S. Equ  913017109    33815   429558 SH       SOLE                   429558
UnitedHealth Group Inc         Common StockUSD  91324P102     4822   133525 SH       SOLE                   133525
UnitedHealth Group Inc         Common StockUSD  91324P102    63177  1749326 SH       SOLE    1             1749326
Unum Group                     Equity U.S. Equ  91529Y106      466    19220 SH       SOLE                    19220
Urban Outfitters Inc.          Equity U.S. Equ  917047102    29984   837197 SH       SOLE                   837197
Urban Outfitters Inc           Common StockUSD  917047102    79807  2228319 SH       SOLE    1             2228319
VF Corp                        Common StockUSD  918204108    14278   165706 SH       SOLE                   165706
Valero Energy Corporation      Equity U.S. Equ  91913Y100      797    34463 SH       SOLE                    34463
Valspar Corporation            Equity U.S. Equ  920355104      802    23258 SH       SOLE                                      23258
Varian Medical Systems, Inc.   Equity U.S. Equ  92220P105      493     7109 SH       SOLE                     7109
Ventas Inc                     REITUSD.25       92276F100     1155    22009 SH       SOLE                    22009
VeriSign Inc.                  Equity U.S. Equ  92343E102      371    11364 SH       SOLE                    11364
Verizon Communications Inc.    Equity U.S. Equ  92343V104    21771   608452 SH       SOLE                   608452
Verisk Analytics Inc           Equity U.S. Equ  92345Y106      310     9090 SH       SOLE                     9090
Vertex Pharmaceuticals Inc     Equity U.S. Equ  92532F100     1857    52975 SH       SOLE                    52975
Vertex Pharmaceuticals Inc     Common StockUSD  92532F100    36297  1035291 SH       SOLE    1             1035291
Viacom Inc.                    Equity U.S. Equ  92553P201     1407    35512 SH       SOLE                    35512
Virgin Media Inc               Common StockUSD  92769L101    38302  1406359 SH       SOLE                  1406359
Visa Inc                       Equity U.S. Equ  92826C839    17166   243826 SH       SOLE                   243826
VMware Inc                     Common StockUSD  928563402      209     2350 SH       SOLE                     2350
Vodafone Group PLC             Equity Foreign   92857W209     4204   159000 SH       SOLE                   159000
Vornado Realty Trust           REITUSD.04       929042109    28675   344177 SH       SOLE                   344177
Vulcan Matls Co                Equity U.S. Equ  929160109      362     8171 SH       SOLE                     8171
Wal-Mart Stores Inc.           Equity U.S. Equ  931142103     7560   140155 SH       SOLE                   140155
Walgreen Co.                   Equity U.S. Equ  931422109    10743   275747 SH       SOLE                   275747
Walter Energy Inc              Common StockUSD  93317Q105     6655    52048 SH       SOLE                    52048
Walter Energy                  Common StockUSD  93317Q105    47527   371679 SH       SOLE    1              371679
Washington Post Co/The         Common StockUSD  939640108      244      554 SH       SOLE                      554
Waste Mgmt Inc                 Equity U.S. Equ  94106L109     1090    29564 SH       SOLE                    29564
Waters Corporation             Equity U.S. Equ  941848103      409     5257 SH       SOLE                     5257
Watson Pharmaceuticals Inc     Common StockUSD  942683103      380     7351 SH       SOLE                     7351
Webster Financial Corp         Equity U.S. Equ  947890109      309    15700 SH       SOLE                                      15700
WellPoint, Inc.                Equity U.S. Equ  94973V107     4754    83587 SH       SOLE                    83587
WellPoint Inc                  Common StockUSD  94973V107    80474  1415050 SH       SOLE    1             1415050
Wells Fargo & Company          Equity U.S. Equ  949746101    54301  1752220 SH       SOLE                  1752220
Wells Fargo & Co               Common StockUSD  949746101   172952  5580906 SH       SOLE    1             5580906
Wendy's/Arby's Group Inc       Common StockUSD  950587105       52    11184 SH       SOLE                    11184
Wesco International Inc        Equity U.S. Equ  95082P105    31495   596500 SH       SOLE                   596500
Western Digital Corporation    Equity U.S. Equ  958102105      454    13402 SH       SOLE                    13402
Western Union Co/The           Common StockUSD  959802109     1072    57703 SH       SOLE                    57703
Weyerhaeuser Company           Equity U.S. Equ  962166104      607    32093 SH       SOLE                    32093
Whirlpool Corp                 Equity U.S. Equ  963320106      415     4679 SH       SOLE                     4679
Whole Foods Market Inc         Equity U.S. Equ  966837106      501     9910 SH       SOLE                     9910
Williams Cos Inc/The           Common StockUSD  969457100      897    36289 SH       SOLE                    36289
Windstream Corp                Equity U.S. Equ  97381W104      407    29225 SH       SOLE                    29225
Wisconsin Energy Corporation   Equity U.S. Equ  976657106     4935    83843 SH       SOLE                    83843
Wyndham Worldwide Corporation  Equity U.S. Equ  98310W108      334    11157 SH       SOLE                    11157
Wynn Resorts, Limited          Equity U.S. Equ  983134107      545     5257 SH       SOLE                     5257
Xcel Energy Inc.               Equity U.S. Equ  98389B100     2985   126770 SH       SOLE                   126770
Xilinx Inc.                    Equity U.S. Equ  983919101      462    15932 SH       SOLE                    15932
Xerox Corporation              Equity U.S. Equ  984121103      980    84983 SH       SOLE                    84983
Yahoo! Inc                     Common StockUSD  984332106     1365    82021 SH       SOLE                    82021
Yum! Brands Inc                Common StockUSD  988498101     1387    28284 SH       SOLE                    28284
Zimmer Holdings Inc.           Equity U.S. Equ  98956P102     1173    21857 SH       SOLE                    21857
Zions Bancorporation           Equity U.S. Equ  989701107      277    11464 SH       SOLE                    11464
Zurich Financial Services AG   Equity Foreign   98982M107    23458   906050 SH       SOLE                   906050
Daimler AG                     Equity Foreign   D1668R123     3791    56100 SH       SOLE                    56100
Arch Capital Group Ltd         Common StockUSD  G0450A105    19551   222027 SH       SOLE                   222027
Bunge Ltd                      Common StockUSD  G16962105      426     6511 SH       SOLE                     6511
Bunge Ltd                      Common StockUSD  G16962105     2919    44559 SH       SOLE    1               44559
Cooper Industries plc          Equity Foreign   G24140108     5330    91442 SH       SOLE                    91442
Ingersoll-Rand plc             Equity Foreign   G47791101    45047   956511 SH       SOLE                   956511
Ingersoll-Rand PLC             Common StockUSD  G47791101   123254  2617131 SH       SOLE    1             2617131
Invesco Ltd                    Common StockUSD  G491BT108      685    28440 SH       SOLE                    28440
Lazard Ltd                     Ltd PartUSD.01   G54050104     2240    56704 SH       SOLE                    56704
Lazard Ltd                     Ltd PartUSD.01   G54050104    57292  1450622 SH       SOLE    1             1450622
Warner Chilcott PLC            Equity Foreign   G94368100      291    12900 SH       SOLE                    12900
Transocean Ltd                 Equity Foreign   H8817H100     1701    24475 SH       SOLE                    24475
Transocean Ltd                 Common StockCHF  H8817H100    39029   561692 SH       SOLE    1              561692
Tyco International Ltd.        Equity Foreign   H89128104      688    16603 SH       SOLE                    16603
ASML Holding N.V.              Equity Foreign   N07059186     3976   103700 SH       SOLE                   103700