WestEnd Advisors 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
Allergan plc	COMMON STOCK	G0177J108	91,722,546	342,210	SH		SOLE	0.00	313,662	0	28,548
Biogen, Inc.	COMMON STOCK	09062x103	96,240,044	369,699	SH		SOLE	0.00	337,807	0	31,892
Celgene Corp.	COMMON STOCK	151020104	92,954,284	928,707	SH		SOLE	0.00	847,700	0	81,007
Gilead Sciences, Inc.	COMMON STOCK	375558103	99,445,248	1,082,574	SH		SOLE	0.00	992,196	0	90,378
HCA Holdings, Inc.	COMMON STOCK	40412c101	111,383,360	1,427,077	SH		SOLE	0.00	1,315,723	0	111,354
Comcast Corp. Cl. A	COMMON STOCK	20030n101	102,204,492	1,673,289	SH		SOLE	0.00	1,535,479	0	137,810
Disney, Walt Co.	COMMON STOCK	254687106	101,088,146	1,017,905	SH		SOLE	0.00	934,843	0	83,062
Nike, Inc. Class B	COMMON STOCK	654106103	102,775,012	1,671,954	SH		SOLE	0.00	1,541,436	0	130,518
Nordstrom, Inc.	COMMON STOCK	655664100	106,569,930	1,862,785	SH		SOLE	0.00	1,716,858	0	145,927
TJX Companies, Inc.	COMMON STOCK	872540109	105,984,829	1,352,710	SH		SOLE	0.00	1,245,869	0	106,841
CVS Health Corp.	COMMON STOCK	126650100	103,404,599	996,863	SH		SOLE	0.00	915,634	0	81,229
Costco Wholesale	COMMON STOCK	22160K105	102,368,223	649,627	SH		SOLE	0.00	596,223	0	53,404
Estee Lauder Cos.	COMMON STOCK	518439104	101,960,616	1,081,122	SH		SOLE	0.00	993,551	0	87,571
Adobe Systems, Inc.	COMMON STOCK	00724f101	111,871,696	1,192,662	SH		SOLE	0.00	1,101,631	0	91,031
Alphabet Inc. Class A	COMMON STOCK	02079K305	101,532,072	133,087	SH		SOLE	0.00	122,129	0	10,958
Apple, Inc.	COMMON STOCK	037833100	108,203,528	992,784	SH		SOLE	0.00	912,803	0	79,981
Mastercard Inc	COMMON STOCK	57636Q104	105,122,745	1,112,410	SH		SOLE	0.00	1,021,788	0	90,622
PayPal Holdings, Inc.	COMMON STOCK	70450Y103	102,740,809	2,661,679	SH		SOLE	0.00	2,450,282	0	211,397
Qualcomm, Inc.	COMMON STOCK	747525103	101,996,787	1,994,462	SH		SOLE	0.00	1,836,391	0	158,071
eBay, Inc.	COMMON STOCK	278642103	99,755,081	4,180,850	SH		SOLE	0.00	3,839,391	0	341,459
Consumer Discretionary Select Sect SPDR Fd	COMMON STOCK	81369y407	2,280,611	28,832	SH		SOLE	0.00	28,832	0	0
Consumer Staples Select Sector SPDR Fund	COMMON STOCK	81369Y308	1,064,065	20,054	SH		SOLE	0.00	20,054	0	0
Health Care Select Sector SPDR Fund	COMMON STOCK	81369y209	1,764,585	26,034	SH		SOLE	0.00	26,034	0	0
Technology Select Sector SPDR Fund	COMMON STOCK	81369y803	2,265,998	51,082	SH		SOLE	0.00	51,082	0	0
Vanguard FTSE All-World ex-US ETF	COMMON STOCK	922042775	2,578,299	59,752	SH		SOLE	0.00	59,752	0	0
Vanguard FTSE Pacific ETF	COMMON STOCK	922042866	560,714	10,145	SH		SOLE	0.00	10,145	0	0
iShares 1-3 Year Credit Bond ETF	COMMON STOCK	464288646	744,476	7,062	SH		SOLE	0.00	7,062	0	0
iShares Barclays 7-10 Yr Trsy Bond Fd	COMMON STOCK	464287440	185,261	1,679	SH		SOLE	0.00	1,679	0	0
iShares Core MSCI Europe ETF	COMMON STOCK	46434V738	845,673	20,586	SH		SOLE	0.00	20,586	0	0
iShares Russell 3000 ETF	COMMON STOCK	464287689	41,576	344	SH		SOLE	0.00	344	0	0
iShares iBoxx $ Invest. Grade Corp Bd ETF	COMMON STOCK	464287242	384,502	3,236	SH		SOLE	0.00	3,236	0	0
SPDR S&P 500 ETF TR	COMMON STOCK	78462F103	148,473	1,895	SH		SOLE	0.00	1,895	0	0