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
Estimated average burden
hours per response: 23.8
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
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 2,631 33,002 SH   SOLE   3,380 0 29,622
AETNA INC NEW COM 00817Y108 13,225 176,404 SH   SOLE   94,233 0 82,171
AGILENT TECHNOLOGIES INC COM 00846U101 715 12,784 SH   SOLE   0 0 12,784
AMERICAN INTL GROUP INC COM NEW 026874784 508 10,162 SH   SOLE   10,162 0 0
ANSYS INC COM 03662Q105 2,562 33,262 SH   SOLE   17,900 0 15,362
APACHE CORP COM 037411105 3,206 38,644 SH   SOLE   9,956 0 28,688
APPLE INC COM 037833100 10,940 20,382 SH   SOLE   11,166 0 9,216
BAKER HUGHES INC COM 057224107 8,776 134,974 SH   SOLE   73,748 0 61,226
BANK NEW YORK MELLON CORP COM 064058100 2,493 70,656 SH   SOLE   38,220 0 32,436
CITIGROUP INC COM NEW 172967424 1,678 35,256 SH   SOLE   450 0 34,806
CITRIX SYS INC COM 177376100 4,168 72,558 SH   SOLE   40,440 0 32,118
COACH INC COM 189754104 7,267 146,345 SH   SOLE   80,269 0 66,076
COMCAST CORP NEW CL A 20030N101 2,796 55,866 SH   SOLE   31,320 0 24,546
DANAHER CORP DEL COM 235851102 19,322 257,627 SH   SOLE   114,590 0 143,037
DEVON ENERGY CORP NEW COM 25179M103 7,876 117,677 SH   SOLE   62,444 0 55,233
EBAY INC COM 278642103 6,830 123,640 SH   SOLE   68,386 0 55,254
EMERSON ELEC CO COM 291011104 8,803 131,785 SH   SOLE   71,310 0 60,475
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 5,002 53,648 SH   SOLE   21,351 0 32,297
GENERAL MTRS CO COM 37045V100 4,870 141,473 SH   SOLE   70,130 0 71,343
GOOGLE INC CL A 38259P508 8,208 7,365 SH   SOLE   4,189 0 3,176
GRAINGER W W INC COM 384802104 7,680 30,396 SH   SOLE   16,409 0 13,987
HARLEY DAVIDSON INC COM 412822108 11,446 171,832 SH   SOLE   93,763 0 78,069
HARMAN INTL INDS INC COM 413086109 7,483 70,332 SH   SOLE   34,765 0 35,567
ICICI BK LTD ADR 45104G104 1,748 39,900 SH   SOLE   0 0 39,900
ISHARES MSCI TAIWAN ETF 464286731 964 67,000 SH   SOLE   0 0 67,000
ISHARES CHINA LG-CAP ETF 464287184 1,127 31,500 SH   SOLE   0 0 31,500
JOHNSON & JOHNSON COM 478160104 13,084 133,198 SH   SOLE   72,297 0 60,901
JOHNSON CTLS INC COM 478366107 6,848 144,711 SH   SOLE   77,096 0 67,615
JPMORGAN CHASE & CO COM 46625H100 6,771 111,522 SH   SOLE   68,260 0 43,262
LAUDER ESTEE COS INC CL A 518439104 4,944 73,918 SH   SOLE   40,226 0 33,692
LOWES COS INC COM 548661107 8,494 173,710 SH   SOLE   94,248 0 79,462
MARSH & MCLENNAN COS INC COM 571748102 6,289 127,561 SH   SOLE   62,615 0 64,946
NOBLE CORP PLC SHS USD G65431101 7,621 232,786 SH   SOLE   115,656 0 117,130
ORACLE CORP COM 68389X105 9,430 230,515 SH   SOLE   124,813 0 105,702
PROCTER & GAMBLE CO COM 742718109 6,483 80,433 SH   SOLE   43,532 0 36,901
QUALCOMM INC COM 747525103 5,790 73,426 SH   SOLE   50,566 0 22,860
ROBERT HALF INTL INC COM 770323103 5,318 126,759 SH   SOLE   70,981 0 55,778
SCHLUMBERGER LTD COM 806857108 9,762 100,128 SH   SOLE   59,391 0 40,737
SIRONA DENTAL SYSTEMS INC COM 82966C103 6,597 88,351 SH   SOLE   47,894 0 40,457
UNITED PARCEL SERVICE INC CL B 911312106 11,871 121,904 SH   SOLE   61,856 0 60,048
UNITEDHEALTH GROUP INC COM 91324P102 12,254 149,454 SH   SOLE   83,492 0 65,962
URBAN OUTFITTERS INC COM 917047102 5,054 138,590 SH   SOLE   75,559 0 63,031
US BANCORP DEL COM NEW 902973304 16,877 393,764 SH   SOLE   204,377 0 189,387
VALE S A ADR 91912E105 7,554 546,227 SH   SOLE   300,479 0 245,748
VARIAN MED SYS INC COM 92220P105 17,206 204,861 SH   SOLE   101,758 0 103,103
WELLS FARGO & CO NEW COM 949746101 17,606 353,966 SH   SOLE   192,578 0 161,388
YUM BRANDS INC COM 988498101 8,112 107,605 SH   SOLE   43,194 0 64,411