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 5,588 5,500,000 PRN   SOLE NONE 0 0 0
0,750% ELETRONIC ARTS 15.07.2016 NOTE 285512AA7 1,857 2,000,000 PRN   SOLE NONE 0 0 0
1,250% NEWMONT MINING 15.07.2014 NOTE 651639AH9 2,381 2,000,000 PRN   SOLE NONE 0 0 0
1,625% NEWMONT MINING 15.07.2017 NOTE 651639AJ5 9,776 7,500,000 PRN   SOLE NONE 0 0 0
1,750% TAKE-TWO INTERAC. SOFTW. 01.12.2016 NOTE 874054AC3 1,972 2,000,000 PRN   SOLE NONE 0 0 0
2,000% ARRIS GROUP 15.11.2026 NOTE 04269QAC4 2,125 2,000,000 PRN   SOLE NONE 0 0 0
2,125% CACI INTL 01.05.2014 NOTE 127190AD8 3,383 3,000,000 PRN   SOLE NONE 0 0 0
2,500% INTERDIGITAL 15.03.2016 NOTE 458660AB3 1,070 1,000,000 PRN   SOLE NONE 0 0 0
3M COM 88579Y101 118,255 1,273,610 SH   SOLE NONE 845,800 0 427,810
4,750% INTERPUBLIC GROUP 15.03.2023 NOTE 460690BE9 2,079 2,000,000 PRN   SOLE NONE 0 0 0
ABBOTT LABORATORIES COM 002824100 66,437 1,014,300 SH   SOLE NONE 654,800 0 359,500
ALCOA COM 013817101 167 19,270 SH   SOLE NONE 0 0 19,270
ALTRIA GROUP COM 02209S103 9,471 301,250 SH   SOLE NONE 301,250 0 0
AMGEN COM 031162100 22,459 260,550 SH   SOLE NONE 99,500 0 161,050
APPLE COM 037833100 63,725 119,745 SH   SOLE NONE 105,310 0 14,435
AUTOMATIC DATA PROCESSING COM 053015103 342 6,000 SH   SOLE NONE 6,000 0 0
BAKER HUGHES COM 057224107 143 3,500 SH   SOLE NONE 0 0 3,500
BAXTER INTERNATIONAL COM 071813109 167 2,500 SH   SOLE NONE 2,500 0 0
BECTON DICKINSON COM 075887109 52,117 666,549 SH   SOLE NONE 399,349 0 267,200
BERKSHIRE HATHAWAY A COM 084670108 134 1 SH   SOLE NONE 0 0 1
BERKSHIRE HATHAWAY B COM 084670702 27 300 SH   SOLE NONE 0 0 300
BEST BUY COM 086516101 110 9,260 SH   SOLE NONE 0 0 9,260
BOSTON SCIENTIFIC COM 101137107 110 19,110 SH   SOLE NONE 0 0 19,110
BROADCOM COM 111320107 1,993 60,000 SH   SOLE NONE 0 0 60,000
CAMPBELL SOUP COM 134429109 90 2,570 SH   SOLE NONE 0 0 2,570
CHEVRON COM 166764100 260 2,400 SH   SOLE NONE 2,400 0 0
CISCO SYSTEMS COM 17275R102 103,595 5,272,150 SH   SOLE NONE 3,085,300 0 2,186,850
CITIGROUP COM 172967424 56 1,420 SH   SOLE NONE 0 0 1,420
COACH COM 189754104 12,155 218,964 SH   SOLE NONE 218,964 0 0
COCA-COLA COM 191216100 109,359 3,016,807 SH   SOLE NONE 2,216,237 0 800,570
COLGATE-PALMOLIVE COM 194162103 243 2,320 SH   SOLE NONE 0 0 2,320
CONOCOPHILLIPS COM 20825C104 7,647 131,860 SH   SOLE NONE 0 0 131,860
DIAMOND OFFSH. DRILLING COM 25271C102 7,323 107,750 SH   SOLE NONE 0 0 107,750
EMC COM 268648102 64,109 2,533,950 SH   SOLE NONE 1,650,000 0 883,950
EMERSON ELECTRIC COM 291011104 52,441 990,200 SH   SOLE NONE 881,000 0 109,200
EXELON COM 30161N101 114 3,830 SH   SOLE NONE 0 0 3,830
EXXON MOBIL COM 30231G102 21,223 245,210 SH   SOLE NONE 115,900 0 129,310
FACEBOOK COM 30303M102 373 14,000 SH   SOLE NONE 14,000 0 0
GOOGLE - CLASS A COM 38259P508 42,839 60,560 SH   SOLE NONE 38,540 0 22,020
HESS COM 42809H107 7,430 140,300 SH   SOLE NONE 0 0 140,300
HEWLETT-PACKARD COM 428236103 5,792 406,450 SH   SOLE NONE 258,400 0 148,050
IBM COM 459200101 77 400 SH   SOLE NONE 0 0 400
INTEL COM 458140100 153 7,400 SH   SOLE NONE 0 0 7,400
JOHNSON & JOHNSON COM 478160104 88,881 1,267,915 SH   SOLE NONE 662,550 0 605,365
JP MORGAN CHASE COM 46625H100 98 2,220 SH   SOLE NONE 0 0 2,220
LIFE TECHNOLOGIES COM 53217V109 9,340 190,500 SH   SOLE NONE 106,500 0 84,000
LORILLARD COM 544147101 28,817 247,000 SH   SOLE NONE 247,000 0 0
MCDONALDS COM 580135101 105,481 1,195,789 SH   SOLE NONE 740,514 0 455,275
MEDTRONIC COM 585055106 29,636 722,480 SH   SOLE NONE 237,050 0 485,430
MERCK & CO. COM 58933Y105 111 2,700 SH   SOLE NONE 0 0 2,700
MICROSOFT COM 594918104 133,858 5,011,580 SH   SOLE NONE 2,861,800 0 2,149,780
MICROSOFT CALL COM 594918904 3,205 1,200 SH Call SOLE NONE 0 0 0
MOLSON COORS COM 60871R209 8,635 201,800 SH   SOLE NONE 146,800 0 55,000
MONDELEZ INT. COM 609207105 7,763 305,000 SH   SOLE NONE 0 0 305,000
NASDAQ OMX GROUP COM 631103108 53 2,120 SH   SOLE NONE 0 0 2,120
NATIONAL OILWELL VARCO COM 637071101 114,208 1,670,931 SH   SOLE NONE 1,266,281 0 404,650
NATIONAL OILWELL VARCO CALL COM 637071901 1,367 300 SH Call SOLE NONE 0 0 0
NEWMONT MINING COM 651639106 33,795 727,720 SH   SOLE NONE 437,500 0 290,220
OCCIDENTAL PETROLEUM COM 674599105 467 6,100 SH   SOLE NONE 0 0 6,100
ORACLE COM 68389X105 94,992 2,850,903 SH   SOLE NONE 1,642,753 0 1,208,150
PARKER HANNIFIN COM 701094104 425 5,000 SH   SOLE NONE 5,000 0 0
PEPSICO COM 713448108 31,361 458,300 SH   SOLE NONE 178,050 0 280,250
PFIZER COM 717081103 67,373 2,686,400 SH   SOLE NONE 1,815,900 0 870,500
PHILIP MORRIS INTL. COM 718172109 8,807 105,300 SH   SOLE NONE 101,000 0 4,300
PHILLIPS 66 COM 718546104 2,124 40,000 SH   SOLE NONE 0 0 40,000
PROCTER & GAMBLE COM 742718109 10,964 161,500 SH   SOLE NONE 70,650 0 90,850
QUALCOMM COM 747525103 125,290 2,025,395 SH   SOLE NONE 1,450,100 0 575,295
SCHLUMBERGER COM 806857108 430 6,200 SH   SOLE NONE 0 0 6,200
SPDR GOLD TRUST Gold SHS 78463V107 9,721 60,000 SH   SOLE NONE 0 0 60,000
STAPLES COM 855030102 170 14,870 SH   SOLE NONE 0 0 14,870
STRYKER COM 863667101 12,170 222,000 SH   SOLE NONE 142,400 0 79,600
SYMANTEC COM 871503108 8,789 467,000 SH   SOLE NONE 0 0 467,000
SYSCO COM 871829107 269 8,500 SH   SOLE NONE 8,500 0 0
THERMO FISHER SCIENTIFIC COM 883556102 15,508 243,150 SH   SOLE NONE 46,950 0 196,200
UNION PACIFIC COM 907818108 6,286 50,000 SH   SOLE NONE 0 0 50,000
UNITED TECHNOLOGIES COM 913017109 42,403 517,050 SH   SOLE NONE 361,200 0 155,850
WALGREEN COM 931422109 110 2,965 SH   SOLE NONE 0 0 2,965
WAL-MART STORES COM 931142103 10,235 150,000 SH   SOLE NONE 150,000 0 0
WESTERN UNION COM 959802109 24,925 1,831,400 SH   SOLE NONE 1,150,900 0 680,500
WESTERN UNION CALL COM 959802909 504 370 SH Call SOLE NONE 0 0 0
YUM! BRANDS COM 988498101 28,895 435,170 SH   SOLE NONE 203,000 0 232,170
ZIMMER HOLDINGS COM 98956P102 10,066 151,000 SH   SOLE NONE 99,500 0 51,500