Waverton Investment Management 13F-HR Quarterly holdings report by institutional manager

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

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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
Acuity Brands Inc US$0.01	COM	00508Y102	2,876	12,300	SH		SOLE		12,300	0	0
Agco Corporation US$0.01	COM	001084102	2,414	53,190	SH		SOLE		53,190	0	0
Akamai Technologies Inc Com US$0.01	COM	00971T101	2,935	55,762	SH		SOLE		55,762	0	0
Alphabet Inc US$0.001 'A'	CAP STK CL A	02079K305	72,476	93,155	SH		SOLE		93,155	0	0
Alphabet Inc US$0.001 'C'	CAP STK CL C	02079K107	51,745	68,186	SH		SOLE		68,186	0	0
Altria Group Inc Com US$0.3333	COM	02209S103	4,715	81,000	SH		SOLE		81,000	0	0
Amazon.com Inc Com US$0.01	COM	023135106	26,050	38,542	SH		SOLE		38,542	0	0
American Express Co Com US$0.20	COM	025816109	35,334	508,035	SH		SOLE		508,035	0	0
American Tower Corporation Com US$0.01	COM	03027X100	7,290	75,195	SH		SOLE		75,195	0	0
Amgen Inc Com US$0.0001	COM	031162100	2,114	13,020	SH		SOLE		13,020	0	0
Apache Corporation Com US$1.25	COM	037411105	890	20,006	SH		SOLE		20,006	0	0
Apple Inc Com	COM	037833100	66,231	629,215	SH		SOLE		629,215	0	0
Avnet Inc	COM	053807103	31,666	739,160	SH		SOLE		739,160	0	0
B/E Aerospace Inc Com US$0.01	COM	073302101	6,945	163,920	SH		SOLE		163,920	0	0
Banco Bradesco SA SPON ADR Rep 1 Pref	SP ADR PFD NEW	059460303	578	120,243	SH		SOLE		120,243	0	0
Bank of America Com US$0.01	COM	060505104	5,797	344,470	SH		SOLE		344,470	0	0
Barclays Bank Plc Spon ADR EA Rep 1 Series 4 Pref Shs	ADS7.75%PFD S4	06739H511	356	13,500	SH		SOLE		13,500	0	0
Berkshire Hathaway 'B' Com US$0.1667	CL B NEW	084670702	50,373	381,497	SH		SOLE		381,497	0	0
Bristol-Myers Squibb Co Com US$0.10	COM	110122108	53,561	778,618	SH		SOLE		778,618	0	0
Brunswick Cap Ltd US$0.01	COM	117043109	202	252,343	SH		SOLE		252,343	0	0
Bunge Ltd Com US$0.01	COM	G16962105	1,726	25,273	SH		SOLE		25,273	0	0
Cadiz Inc Com US$0.01	COM NEW	127537207	1,539	292,500	SH		SOLE		292,500	0	0
Carnival Corporation Com US$0.01	14365C103	14365C103	3,239	59,450	SH		SOLE		59,450	0	0
Casey's General Stores	COM	147528103	5,194	43,125	SH		SOLE		43,125	0	0
CDW Corporation Com US$0.01	COM	12514G108	4,394	104,510	SH		SOLE		104,510	0	0
Church & Dwight Com US$1	COM	171340102	20,239	238,444	SH		SOLE		238,444	0	0
CIA Energ MG-CEMIG SPN ADR REP 1 PRF (LVL 2)	SP ADR N-V PFD	204409601	277	184,652	SH		SOLE		184,652	0	0
Cisco Systems Com US$0.001	COM	17275R102	2,391	88,040	SH		SOLE		88,040	0	0
Citigroup Inc Com US$0.01	COM NEW	172967424	525	10,152	SH		SOLE		10,152	0	0
Colgate-Palmolive Co Com US$1.00	COM	194162103	18,464	277,159	SH		SOLE		277,159	0	0
Comcast Corp Com Class 'A' US$1.00	CL A	20030N101	5,498	97,425	SH		SOLE		97,425	0	0
Convergys Corp Com	COM	212485106	4,440	178,368	SH		SOLE		178,368	0	0
Ctrip.Com International Ltd ADS Each Rep 0.5 Ord US$0.01	ADS	22943F100	5,476	118,200	SH		SOLE		118,200	0	0
Cummins Inc $2.50	COM	231021106	978	11,118	SH		SOLE		11,118	0	0
CVS Health Corp Com US$0.01	COM	126650100	6,137	62,770	SH		SOLE		62,770	0	0
DaVita Healthcare Partners Com US$0.001	COM	23918K108	4,336	62,200	SH		SOLE		62,200	0	0
Delta Air Lines Inc Com US$0.0001	COM NEW	247361702	1,895	37,390	SH		SOLE		37,390	0	0
eBay Inc Com US$0.001	COM	278642103	506	18,400	SH		SOLE		18,400	0	0
Eli Lilly & Co Com	COM	532457108	2,351	27,900	SH		SOLE		27,900	0	0
Energizer Holdings Inc Com US$0.01 WI	COM	29272W109	671	19,700	SH		SOLE		19,700	0	0
EOG Resources Inc	COM	26875P101	5,059	71,465	SH		SOLE		71,465	0	0
Express Scripts HL Com US$0.01	COM	30219G108	2,794	31,970	SH		SOLE		31,970	0	0
Exxon Mobil Corporation Com	COM	30231G102	6,467	82,961	SH		SOLE		82,961	0	0
Facebook Inc Com	CL A	30303M102	9,002	86,011	SH		SOLE		86,011	0	0
Flowers Foods Inc US$0.01	COM	343498101	5,129	238,650	SH		SOLE		238,650	0	0
Foot Locker Inc Com US$0.01	COM	344849104	6,509	100,000	SH		SOLE		100,000	0	0
General Electric Co of America Com US$0.06	COM	369604103	21,851	701,479	SH		SOLE		701,479	0	0
Gilead Sciences Com US$0.001	COM	375558103	86,625	856,061	SH		SOLE		856,061	0	0
Goldcorp Inc Com	COM	380956409	570	49,300	SH		SOLE		49,300	0	0
Goldman Sachs Group Com US$0.01	COM	38141G104	2,424	13,451	SH		SOLE		13,451	0	0
Hanover Insurance Group Inc Com US$0.01	COM	410867105	1,423	17,500	SH		SOLE		17,500	0	0
Helmerich & Payne Inc Com US$0.10	COM	410867105	8,728	162,980	SH		SOLE		162,980	0	0
Hershey Co (The) Com US$1.00	COM	427866108	936	10,480	SH		SOLE		10,480	0	0
Hess Corporation Com US$1	COM	42809H107	1,237	25,520	SH		SOLE		25,520	0	0
Home Depot Inc Com US$0.05	COM	437076102	7,855	59,397	SH		SOLE		59,397	0	0
Honeywell International Inc Com US$1.00	COM	438516106	4,297	41,490	SH		SOLE		41,490	0	0
International Paper Co Com US$1.00	COM	460146103	11,435	303,323	SH		SOLE		303,323	0	0
iShares Core US (Russell 3000) Growth ETF US$	CORE US GRW ETF	464287671	834	10,269	SH		SOLE		10,269	0	0
iShares MSCI ACWI Index Fund	MSCI KLD400 SOC	464288570	3,076	55,100	SH		SOLE		55,100	0	0
iShares Russell 1000 Growth	RUS 1000 GRW ETF	464287614	13,013	130,812	SH		SOLE		130,812	0	0
JD.com ADR	SPON ADR CL A	47215P106	4,301	133,305	SH		SOLE		133,305	0	0
Johnson & Johnson Com US$1.00	COM	478160104	3,092	30,101	SH		SOLE		30,101	0	0
JP Morgan Chase Com US$1 (US quote)	COM	46625H100	1,071	16,220	SH		SOLE		16,220	0	0
KLX Inc Com $0.01	COM	482539103	1,205	39,150	SH		SOLE		39,150	0	0
Kulicke & Soffa	COM	501242101	3,514	301,108	SH		SOLE		301,108	0	0
L Brands Inc US$0.50	COM	501797104	19,202	200,397	SH		SOLE		200,397	0	0
Lazard Ltd Com 'A' US$0.01	SHS A	G54050102	1,125	25,000	SH		SOLE		25,000	0	0
Lockheed Martin Corp Com US$1.00	COM	539830109	49,412	227,549	SH		SOLE		227,549	0	0
Marsh & McLennan Cos Inc Com US$1.00	COM	571748102	28,706	517,691	SH		SOLE		517,691	0	0
Mastercard Inc US$0.0001 Class 'A'	CL A	57636Q104	28,790	295,708	SH		SOLE		295,708	0	0
McDonald's Corporation Com US$0.01	COM	580135101	3,639	30,800	SH		SOLE		30,800	0	0
McGraw-Hill Cos Com US$1	COM	580645109	51,848	525,950	SH		SOLE		525,950	0	0
Melco Crown Entertainment Ltd Sponsored ADR	ADR	585464100	3,901	232,200	SH		SOLE		232,200	0	0
Merck & Co Inc Com US$0.50	COM	58933Y105	858	16,240	SH		SOLE		16,240	0	0
Metlife Inc Com US$0.01	COM	59156R108	2,968	61,570	SH		SOLE		61,570	0	0
Microsoft Corporation Com US$0.0000125	COM	594918104	51,710	932,052	SH		SOLE		932,052	0	0
Mondelez Intl Inc Com US$0.01	CL A	609207105	1,462	32,603	SH		SOLE		32,603	0	0
Monsanto Com US$0.01	COM	61166W101	2,345	23,800	SH		SOLE		23,800	0	0
National Oilwell Varco Com US$0.01	COM	637071101	1,361	40,640	SH		SOLE		40,640	0	0
Netease Inc. ADR Rep. 24 Com	SPONSORED ADR	64110W102	28,833	159,085	SH		SOLE		159,085	0	0
Northern Trust Corporation Com US$1.666	COM	665859104	4,001	55,500	SH		SOLE		55,500	0	0
Occidental Petroleum Corp Com US$0.20 USA (Regd)	COM	674599105	5,440	80,460	SH		SOLE		80,460	0	0
Old Dominion Freight Line, Inc Com US$0.10	COM	679580100	6,452	109,220	SH		SOLE		109,220	0	0
Oracle Corporation Com US$0.01	COM	68389X105	2,776	76,000	SH		SOLE		76,000	0	0
PayPal Holdings Inc Com US$0.0001	COM	70450Y103	666	18,400	SH		SOLE		18,400	0	0
Pfizer Inc Com US$0.05	COM	717081103	21,915	678,893	SH		SOLE		678,893	0	0
Philip Morris International Com	COM	718172109	970	11,030	SH		SOLE		11,030	0	0
Procter & Gamble Co Com	COM	742718109	1,304	16,420	SH		SOLE		16,420	0	0
Qualcomm Inc Com US$0.0001	COM	747525103	6,761	135,260	SH		SOLE		135,260	0	0
Reynolds American Com US$0.0001	COM	761713106	53,077	1,150,087	SH		SOLE		1,150,087	0	0
Salesforce.com Inc Com US$0.001	COM	79466L302	30,968	395,000	SH		SOLE		395,000	0	0
Schlumberger Com US$0.01	COM	806857108	896	12,850	SH		SOLE		12,850	0	0
Sensata Technologies Holding NV	SHS	N7902X106	12,656	274,768	SH		SOLE		274,768	0	0
SK Telecom ADR 1/9 of Share KRW	SPONSORED ADR	78440P108	288	14,300	SH		SOLE		14,300	0	0
SPDR Doubleline Total Return Tactical ETF	SPDR TR TACTIC	78467V848	1,944	40,000	SH		SOLE		40,000	0	0
Spectra Energy Corp Com US$0.001	COM	847560109	1,063	44,400	SH		SOLE		44,400	0	0
Taiwan Semiconductor Manufacturing ADS Rep 5 Ord TW$10	SPONSORED ADR	874039100	4,602	202,283	SH		SOLE		202,283	0	0
Tech Data Corp $0.0015	COM	878237106	2,809	42,310	SH		SOLE		42,310	0	0
Union Pacific Corporation Com US$2.50	COM	907818108	55,123	704,897	SH		SOLE		704,897	0	0
United Technologies Corporation Com US$1.00	COM	913017109	2,220	23,110	SH		SOLE		23,110	0	0
Vanguard Dividend Appreciation ETF	DIV APP ETF	921908844	1,427	18,353	SH		SOLE		18,353	0	0
Vanguard FTSE Emerging Markets ETF	FTSE EMR MKT ETF	922042858	1,537	47,000	SH		SOLE		47,000	0	0
Vanguard S&P 500 ETF	S&P 500 ETF SHS	922908363	5,465	29,233	SH		SOLE		29,233	0	0
Verizon Communications Com US$0.10	COM	92343V104	16,545	355,493	SH		SOLE		355,493	0	0
VF Corp Com	COM	918204108	10,968	176,200	SH		SOLE		176,200	0	0
Visa Inc Com Stock US$0.0001	COM CL A	92826C839	3,032	39,100	SH		SOLE		39,100	0	0
Walt Disney Company Disney Com US$0.01	COM DISNEY	254687106	1,551	14,760	SH		SOLE		14,760	0	0
Wells Fargo & Co Com US$1 2/3	COM	949746101	66,663	1,226,320	SH		SOLE		1,226,320	0	0
WEX Inc	COM	96208T104	1,248	14,116	SH		SOLE		14,116	0	0
WisdomTree Total Dividend ETF US$0.001	TOTAL DIVID FD	97717W109	738	10,302	SH		SOLE		10,302	0	0