The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
0,250% TEVA PHARMA FIN 01.02.2026 NOTE 88163VAE9 5,984 5,500,000 PRN   SOLE NONE 0 0 0
1,250% NEWMONT MINING 15.07.2014 NOTE 651639AH9 5,011 4,000,000 PRN   SOLE NONE 0 0 0
2,000% ARRIS GROUP 15.11.2026 NOTE 04269QAC4 2,068 2,000,000 PRN   SOLE NONE 0 0 0
2,125% CACI INTL 01.05.2014 NOTE 127190AD8 6,871 5,500,000 PRN   SOLE NONE 0 0 0
3M COM 88579Y101 64,815 726,540 SH   SOLE NONE 434,300 0 292,240
ABBOTT LABORATORIES COM 002824100 33,685 549,600 SH   SOLE NONE 261,000 0 288,600
AEROPOSTALE COM 007865108 2,672 123,600 SH   SOLE NONE 88,600 0 35,000
ALCOA COM 013817101 131 13,050 SH   SOLE NONE 0 0 13,050
AMGEN COM 031162100 14,147 208,142 SH   SOLE NONE 96,300 0 111,842
APPLE COM 037833100 360 600 SH   SOLE NONE 0 0 600
AT & T COM 00206R102 89 2,850 SH   SOLE NONE 0 0 2,850
BAKER HUGHES COM 057224107 79 1,890 SH   SOLE NONE 0 0 1,890
BECTON DICKINSON COM 075887109 26,614 342,749 SH   SOLE NONE 201,449 0 141,300
BERKSHIRE HATHAWAY A COM 084670108 5,607 46 SH   SOLE NONE 0 0 46
BERKSHIRE HATHAWAY B COM 084670702 24 300 SH   SOLE NONE 0 0 300
BEST BUY COM 086516101 8,150 344,180 SH   SOLE NONE 149,000 0 195,180
BOSTON SCIENTIFIC COM 101137107 56 9,420 SH   SOLE NONE 0 0 9,420
CAMPBELL SOUP COM 134429109 503 14,870 SH   SOLE NONE 0 0 14,870
CHEVRON COM 166764100 5,350 49,900 SH   SOLE NONE 49,900 0 0
CISCO SYSTEMS COM 17275R102 70,353 3,326,400 SH   SOLE NONE 1,835,300 0 1,491,100
COCA-COLA COM 191216100 4,560 61,610 SH   SOLE NONE 0 0 61,610
COCA-COLA ENTERPRISES COM 19122T109 82 2,858 SH   SOLE NONE 0 0 2,858
COLGATE-PALMOLIVE COM 194162103 227 2,320 SH   SOLE NONE 0 0 2,320
COMPUTER SCIENCES COM 205363104 77 2,570 SH   SOLE NONE 0 0 2,570
CONOCOPHILLIPS COM 20825C104 31,860 419,160 SH   SOLE NONE 367,300 0 51,860
CORNING COM 219350105 14,635 1,039,397 SH   SOLE NONE 1,000,797 0 38,600
DIAMOND OFFSH. DRILLING COM 25271C102 6,755 101,200 SH   SOLE NONE 0 0 101,200
EBAY COM 278642103 387 10,500 SH   SOLE NONE 0 0 10,500
EMERSON ELECTRIC COM 291011104 24,159 463,000 SH   SOLE NONE 290,000 0 173,000
EXELON COM 30161N101 83 2,120 SH   SOLE NONE 0 0 2,120
EXXON MOBIL COM 30231G102 37,141 428,240 SH   SOLE NONE 225,600 0 202,640
GENERAL DYNAMICS COM 369550108 3,493 47,600 SH   SOLE NONE 42,600 0 5,000
GOOGLE - CLASS A COM 38259P508 30,773 47,990 SH   SOLE NONE 27,800 0 20,190
HESS COM 42809H107 6,641 112,650 SH   SOLE NONE 0 0 112,650
HEWLETT-PACKARD COM 428236103 7,448 312,560 SH   SOLE NONE 171,400 0 141,160
IBM COM 459200101 449 2,150 SH   SOLE NONE 0 0 2,150
INTEL COM 458140100 2,463 87,590 SH   SOLE NONE 50,000 0 37,590
JOHNSON & JOHNSON COM 478160104 60,664 919,715 SH   SOLE NONE 512,000 0 407,715
KRAFT FOODS COM 50075N104 9,761 256,800 SH   SOLE NONE 0 0 256,800
MEDTRONIC COM 585055106 15,428 393,680 SH   SOLE NONE 203,000 0 190,680
MERCK & CO. COM 58933Y105 104 2,700 SH   SOLE NONE 0 0 2,700
MICROSOFT COM 594918104 81,689 2,532,609 SH   SOLE NONE 1,338,000 0 1,194,609
MOLSON COORS COM 60871R209 17,765 392,600 SH   SOLE NONE 350,600 0 42,000
NASDAQ OMX GROUP COM 631103108 55 2,120 SH   SOLE NONE 0 0 2,120
NATIONAL OILWELL VARCO COM 637071101 5,297 66,660 SH   SOLE NONE 0 0 66,660
NEWMONT MINING COM 651639106 5,870 114,500 SH   SOLE NONE 0 0 114,500
OCCIDENTAL PETROLEUM COM 674599105 581 6,100 SH   SOLE NONE 0 0 6,100
ORACLE COM 68389X105 69,934 2,398,300 SH   SOLE NONE 1,650,500 0 747,800
PEPSICO COM 713448108 65,074 980,775 SH   SOLE NONE 549,500 0 431,275
PFIZER COM 717081103 42,867 1,893,000 SH   SOLE NONE 1,134,500 0 758,500
PHILIP MORRIS INTL. COM 718172109 168 1,900 SH   SOLE NONE 0 0 1,900
PROCTER & GAMBLE COM 742718109 45,158 671,900 SH   SOLE NONE 409,900 0 262,000
RAYTHEON COM 755111507 132 2,500 SH   SOLE NONE 0 0 2,500
STAPLES COM 855030102 175 10,800 SH   SOLE NONE 0 0 10,800
STRYKER COM 863667101 30,786 554,900 SH   SOLE NONE 380,500 0 174,400
SYMANTEC COM 871503108 10,179 544,350 SH   SOLE NONE 150,000 0 394,350
THERMO FISHER SCIENTIFIC COM 883556102 32,062 568,671 SH   SOLE NONE 245,300 0 323,371
UNITED TECHNOLOGIES COM 913017109 9,816 118,350 SH   SOLE NONE 20,500 0 97,850
WALGREEN COM 931422109 99 2,965 SH   SOLE NONE 0 0 2,965
WAL-MART STORES COM 931142103 22,730 371,400 SH   SOLE NONE 133,500 0 237,900
ZIMMER HOLDINGS COM 98956P102 21,868 340,200 SH   SOLE NONE 95,400 0 244,800