Banque Pictet & Cie 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

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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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
3-D SYS CORP DEL	COM NEW	88554D205	251	16,200	SH		SOLE		0	0	16,200
3M CO	COM	88579Y101	24,749	148,525	SH		SOLE		0	0	148,525
ABBOTT LABS	COM	002824100	80,675	1,928,641	SH		SOLE		0	0	1,928,641
ABBVIE INC	COM	00287Y109	6,071	106,280	SH		SOLE		0	0	106,280
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	6,746	58,456	SH		SOLE		0	0	58,456
ADOBE SYS INC	COM	00724F101	5,628	59,999	SH		SOLE		0	0	59,999
AGRIUM INC	COM	008916108	315	3,550	SH		SOLE		0	0	3,550
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	20,924	264,754	SH		SOLE		0	0	264,754
ALLIANCE DATA SYSTEMS CORP	COM	018581108	3,610	16,410	SH		SOLE		0	0	16,410
ALPHABET INC	CAP STK CL C	02079K107	63,840	85,697	SH		SOLE		0	0	85,697
ALPHABET INC	CAP STK CL A	02079K305	171,681	225,037	SH		SOLE		0	0	225,037
ALTRIA GROUP INC	COM	02209S103	2,704	43,160	SH		SOLE		0	0	43,160
AMAZON COM INC	COM	023135106	65,321	110,034	SH		SOLE		0	0	110,034
AMERICAN EXPRESS CO	COM	025816109	4,251	69,227	SH		SOLE		0	0	69,227
AMERICAN INTL GROUP INC	COM NEW	026874784	64,235	1,188,432	SH		SOLE		0	0	1,188,432
AMERICAN WTR WKS CO INC NEW	COM	030420103	1,141	16,550	SH		SOLE		0	0	16,550
AMERISOURCEBERGEN CORP	COM	03073E105	1,973	22,800	SH		SOLE		0	0	22,800
AMETEK INC NEW	COM	031100100	29,149	583,205	SH		SOLE		0	0	583,205
AMGEN INC	COM	031162100	956	6,373	SH		SOLE		0	0	6,373
ANADARKO PETE CORP	COM	032511107	3,219	69,125	SH		SOLE		0	0	69,125
ANNALY CAP MGMT INC	COM	035710409	308	30,000	SH		SOLE		0	0	30,000
APPLE INC	COM	037833100	247,898	2,274,504	SH		SOLE		0	0	2,274,504
APPLE INC	COM	037833100	51,999	477,100	SH	Put	SOLE		0	0	477,100
ARAMARK	COM	03852U106	277	8,365	SH		SOLE		0	0	8,365
ARCH CAP GROUP LTD	ORD	G0450A105	737	10,365	SH		SOLE		0	0	10,365
ARCHER DANIELS MIDLAND CO	COM	039483102	1,601	44,104	SH		SOLE		0	0	44,104
AT&T INC	COM	00206R102	1,383	35,300	SH		SOLE		0	0	35,300
BAIDU INC	SPON ADR REP A	056752108	1,528	8,007	SH		SOLE		0	0	8,007
BANK AMER CORP	COM	060505104	2,114	156,329	SH		SOLE		0	0	156,329
BANK HAWAII CORP	COM	062540109	884	12,944	SH		SOLE		0	0	12,944
BANK NEW YORK MELLON CORP	COM	064058100	220	5,963	SH		SOLE		0	0	5,963
BARRICK GOLD CORP	COM	067901108	557	40,821	SH		SOLE		0	0	40,821
BB&T CORP	COM	054937107	273	8,201	SH		SOLE		0	0	8,201
BED BATH & BEYOND INC	COM	075896100	2,962	59,666	SH		SOLE		0	0	59,666
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	3,415	16	SH		SOLE		0	0	16
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	5,570	39,260	SH		SOLE		0	0	39,260
BIOGEN INC	COM	09062X103	3,404	13,078	SH		SOLE		0	0	13,078
BLACKROCK INC	COM	09247X101	496	1,456	SH		SOLE		0	0	1,456
BOEING CO	COM	097023105	5,801	45,698	SH		SOLE		0	0	45,698
BRISTOL MYERS SQUIBB CO	COM	110122108	974	15,250	SH		SOLE		0	0	15,250
BRISTOW GROUP INC	COM	110394103	532	28,101	SH		SOLE		0	0	28,101
BROOKFIELD ASSET MGMT INC	CL A LTD VT SH	112585104	276	7,939	SH		SOLE		0	0	7,939
CALIFORNIA RES CORP	COM	13057Q107	16	15,988	SH		SOLE		0	0	15,988
CANADIAN NATL RY CO	COM	136375102	200	3,190	SH		SOLE		0	0	3,190
CAPITAL ONE FINL CORP	COM	14040H105	3,654	52,717	SH		SOLE		0	0	52,717
CARNIVAL CORP	PAIRED CTF	143658300	466	8,834	SH		SOLE		0	0	8,834
CATERPILLAR INC DEL	COM	149123101	1,937	25,310	SH		SOLE		0	0	25,310
CELGENE CORP	COM	151020104	22,417	223,967	SH		SOLE		0	0	223,967
CF INDS HLDGS INC	COM	125269100	8,633	275,460	SH		SOLE		0	0	275,460
CHEMOCENTRYX INC	COM	16383L106	135	54,178	SH		SOLE		0	0	54,178
CHEVRON CORP NEW	COM	166764100	4,374	45,848	SH		SOLE		0	0	45,848
CISCO SYS INC	COM	17275R102	3,554	124,843	SH		SOLE		0	0	124,843
CITIGROUP INC	COM NEW	172967424	15,280	365,989	SH		SOLE		0	0	365,989
CITRIX SYS INC	COM	177376100	4,587	58,370	SH		SOLE		0	0	58,370
CLAYMORE EXCHANGE TRD FD TR	GUGG CHN TECH	18383Q135	5,603	163,590	SH		SOLE		0	0	163,590
CLAYMORE EXCHANGE TRD FD TR	GUGGEN DEFN EQTY	18383M878	3,058	82,431	SH		SOLE		0	0	82,431
CLOROX CO DEL	COM	189054109	252	2,000	SH		SOLE		0	0	2,000
CMS ENERGY CORP	COM	125896100	424	10,000	SH		SOLE		0	0	10,000
COCA COLA CO	COM	191216100	3,924	84,590	SH		SOLE		0	0	84,590
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	60,255	961,004	SH		SOLE		0	0	961,004
COLGATE PALMOLIVE CO	COM	194162103	55,068	779,450	SH		SOLE		0	0	779,450
COMCAST CORP NEW	CL A	20030N101	4,963	81,260	SH		SOLE		0	0	81,260
CONOCOPHILLIPS	COM	20825C104	1,000	24,840	SH		SOLE		0	0	24,840
COOPER COS INC	COM NEW	216648402	20,570	133,596	SH		SOLE		0	0	133,596
CORE LABORATORIES N V	COM	N22717107	241	2,120	SH		SOLE		0	0	2,120
COSTCO WHSL CORP NEW	COM	22160K105	7,295	46,293	SH		SOLE		0	0	46,293
CVS HEALTH CORP	COM	126650100	54,420	524,631	SH		SOLE		0	0	524,631
D R HORTON INC	COM	23331A109	1,128	37,300	SH		SOLE		0	0	37,300
DANAHER CORP DEL	COM	235851102	75,792	798,986	SH		SOLE		0	0	798,986
DBX ETF TR	DB XTR MSCI EUR	233051853	1,263	51,200	SH		SOLE		0	0	51,200
DEERE & CO	COM	244199105	11,913	154,736	SH		SOLE		0	0	154,736
DENTSPLY SIRONA INC	COM	24906P109	1,756	28,492	SH		SOLE		0	0	28,492
DEUTSCHE BANK AG	NAMEN AKT	D18190898	779	45,700	SH		SOLE		0	0	45,700
DIAMONDBACK ENERGY INC	COM	25278X109	303	3,920	SH		SOLE		0	0	3,920
DIREXION SHS ETF TR	HEALTHCARE BUL	25459Y876	275	10,120	SH		SOLE		0	0	10,120
DISCOVER FINL SVCS	COM	254709108	9,448	185,543	SH		SOLE		0	0	185,543
DISH NETWORK CORP	CL A	25470M109	2,976	64,325	SH		SOLE		0	0	64,325
DISNEY WALT CO	COM DISNEY	254687106	162,353	1,634,813	SH		SOLE		0	0	1,634,813
DOVER CORP	COM	260003108	302	4,700	SH		SOLE		0	0	4,700
DOW CHEM CO	COM	260543103	1,457	28,650	SH		SOLE		0	0	28,650
E M C CORP MASS	COM	268648102	1,443	54,130	SH		SOLE		0	0	54,130
EBAY INC	COM	278642103	4,124	172,844	SH		SOLE		0	0	172,844
ECOLAB INC	COM	278865100	1,617	14,500	SH		SOLE		0	0	14,500
EDWARDS LIFESCIENCES CORP	COM	28176E108	256	2,900	SH		SOLE		0	0	2,900
ENBRIDGE INC	COM	29250N105	272	6,950	SH		SOLE		0	0	6,950
EOG RES INC	COM	26875P101	15,127	208,416	SH		SOLE		0	0	208,416
EQUITY COMWLTH	COM SH BEN INT	294628102	564	20,000	SH		SOLE		0	0	20,000
EQUITY RESIDENTIAL	SH BEN INT	29476L107	1,125	15,000	SH		SOLE		0	0	15,000
ESSEX PPTY TR INC	COM	297178105	935	4,000	SH		SOLE		0	0	4,000
EXPRESS SCRIPTS HLDG CO	COM	30219G108	325	4,726	SH		SOLE		0	0	4,726
EXXON MOBIL CORP	COM	30231G102	10,511	125,740	SH		SOLE		0	0	125,740
FACEBOOK INC	CL A	30303M102	81,613	715,274	SH		SOLE		0	0	715,274
FACTORSHARES TR	ISE CYBER SEC	30304R407	899	37,500	SH		SOLE		0	0	37,500
FEDEX CORP	COM	31428X106	1,512	9,294	SH		SOLE		0	0	9,294
FIRST TR EXCHANGE TRADED FD	DJ INTERNT IDX	33733E302	5,818	85,198	SH		SOLE		0	0	85,198
FISERV INC	COM	337738108	1,734	16,900	SH		SOLE		0	0	16,900
FMC TECHNOLOGIES INC	COM	30249U101	1,810	66,150	SH		SOLE		0	0	66,150
GENERAL ELECTRIC CO	COM	369604103	18,853	593,038	SH		SOLE		0	0	593,038
GENERAL MLS INC	COM	370334104	665	10,500	SH		SOLE		0	0	10,500
GENERAL MTRS CO	COM	37045V100	574	18,265	SH		SOLE		0	0	18,265
GILEAD SCIENCES INC	COM	375558103	32,609	354,989	SH		SOLE		0	0	354,989
GLOBAL PMTS INC	COM	37940X102	628	9,610	SH		SOLE		0	0	9,610
GOLDCORP INC NEW	COM	380956409	367	22,500	SH		SOLE		0	0	22,500
GOLDMAN SACHS GROUP INC	COM	38141G104	4,311	27,459	SH		SOLE		0	0	27,459
GRAINGER W W INC	COM	384802104	1,867	8,000	SH		SOLE		0	0	8,000
HALLIBURTON CO	COM	406216101	26,288	735,935	SH		SOLE		0	0	735,935
HAWAIIAN ELEC INDUSTRIES	COM	419870100	972	30,000	SH		SOLE		0	0	30,000
HCA HOLDINGS INC	COM	40412C101	3,954	50,664	SH		SOLE		0	0	50,664
HERTZ GLOBAL HOLDINGS INC	COM	42805T105	573	54,400	SH		SOLE		0	0	54,400
HESS CORP	COM	42809H107	241	4,585	SH		SOLE		0	0	4,585
HOME DEPOT INC	COM	437076102	20,704	155,165	SH		SOLE		0	0	155,165
HONEYWELL INTL INC	COM	438516106	241	2,150	SH		SOLE		0	0	2,150
HUDBAY MINERALS INC	COM	443628102	378	102,700	SH		SOLE		0	0	102,700
ILLINOIS TOOL WKS INC	COM	452308109	5,204	50,803	SH		SOLE		0	0	50,803
ILLUMINA INC	COM	452327109	243	1,500	SH		SOLE		0	0	1,500
INTEL CORP	COM	458140100	3,361	103,896	SH		SOLE		0	0	103,896
INTERNATIONAL BUSINESS MACHS	COM	459200101	4,921	32,495	SH		SOLE		0	0	32,495
INTERNATIONAL FLAVORS&FRAGRA	COM	459506101	21,696	190,697	SH		SOLE		0	0	190,697
INTUITIVE SURGICAL INC	COM NEW	46120E602	2,332	3,880	SH		SOLE		0	0	3,880
IPG PHOTONICS CORP	COM	44980X109	1,123	11,686	SH		SOLE		0	0	11,686
ISHARES	MSCI CDA ETF	464286509	12,223	515,500	SH		SOLE		0	0	515,500
ISHARES	MSCI AUST ETF	464286103	9,606	497,200	SH		SOLE		0	0	497,200
ISHARES	MSCI SZ CAP ETF	464286749	5,039	169,485	SH		SOLE		0	0	169,485
ISHARES	MSCI SINGAP ETF	464286673	2,172	200,000	SH		SOLE		0	0	200,000
ISHARES	MSCI HONG KG ETF	464286871	3,806	192,500	SH		SOLE		0	0	192,500
ISHARES	MSCI JAPAN ETF	464286848	61,377	5,379,272	SH		SOLE		0	0	5,379,272
ISHARES	MSCI MEX CAP ETF	464286822	3,059	56,965	SH		SOLE		0	0	56,965
ISHARES	MSCI GERMANY ETF	464286806	2,233	86,790	SH		SOLE		0	0	86,790
ISHARES	MSCI BRZ CAP ETF	464286400	1,710	65,000	SH		SOLE		0	0	65,000
ISHARES	MSCI FRANCE ETF	464286707	967	40,000	SH		SOLE		0	0	40,000
ISHARES	MSCI THI CAP ETF	464286624	2,103	31,200	SH		SOLE		0	0	31,200
ISHARES	MSCI STH KOR ETF	464286772	4,468	84,595	SH		SOLE		0	0	84,595
ISHARES	MSCI PAC JP ETF	464286665	2,036	51,918	SH		SOLE		0	0	51,918
ISHARES	MSCI EURZONE ETF	464286608	3,723	108,270	SH		SOLE		0	0	108,270
ISHARES	MSCI TAIWAN ETF	464286731	3,012	217,300	SH		SOLE		0	0	217,300
ISHARES	MSCI STH AFR ETF	464286780	1,678	31,650	SH		SOLE		0	0	31,650
ISHARES S&P GSCI COMMODITY I	UNIT BEN INT	46428R107	1,200	87,000	SH		SOLE		0	0	87,000
ISHARES TR	JP MOR EM MK ETF	464288281	1,986	18,000	SH		SOLE		0	0	18,000
ISHARES TR	U.S. FINLS ETF	464287788	614	7,260	SH		SOLE		0	0	7,260
ISHARES TR	CORE S&P500 ETF	464287200	2,340	11,322	SH		SOLE		0	0	11,322
ISHARES TR	CHINA LG-CAP ETF	464287184	1,528	45,260	SH		SOLE		0	0	45,260
ISHARES TR	CORE S&P SCP ETF	464287804	2,173	19,300	SH		SOLE		0	0	19,300
ISHARES TR	TRANS AVG ETF	464287192	2,378	16,700	SH		SOLE		0	0	16,700
ISHARES TR	MSCI INDIA ETF	46429B598	401	14,815	SH		SOLE		0	0	14,815
ISHARES TR	COHEN&STEER REIT	464287564	1,032	10,000	SH		SOLE		0	0	10,000
ISHARES TR	MSCI INDONIA ETF	46429B309	884	37,500	SH		SOLE		0	0	37,500
ISHARES TR	IBOXX INV CP ETF	464287242	238	2,000	SH		SOLE		0	0	2,000
ISHARES TR	US OIL&GS EX ETF	464288851	466	8,960	SH		SOLE		0	0	8,960
ISHARES TR	NASDQ BIOTEC ETF	464287556	16,472	63,159	SH		SOLE		0	0	63,159
ISHARES TR	S&P 500 VAL ETF	464287408	495	5,500	SH		SOLE		0	0	5,500
ISHARES TR	CALIF MUN BD ETF	464288356	3,537	29,650	SH		SOLE		0	0	29,650
ISHARES TR	RUS 2000 VAL ETF	464287630	280	3,000	SH		SOLE		0	0	3,000
ISHARES TR	IBOXX HI YD ETF	464288513	2,682	32,832	SH		SOLE		0	0	32,832
ISHARES TR	CUR HD EURZN ETF	46434V639	416	17,100	SH		SOLE		0	0	17,100
ISHARES TR	S&P MC 400GR ETF	464287606	634	3,900	SH		SOLE		0	0	3,900
ISHARES TR	MRNING SM CP ETF	464288703	277	2,320	SH		SOLE		0	0	2,320
ISHARES TR	MSCI EMG MKT ETF	464287234	22,061	644,124	SH		SOLE		0	0	644,124
ISHARES TR	U.S. ENERGY ETF	464287796	5,968	171,600	SH		SOLE		0	0	171,600
ISHARES TR	7-10 Y TR BD ETF	464287440	441	4,000	SH		SOLE		0	0	4,000
ISHARES TR	U.S. REAL ES ETF	464287739	1,557	20,000	SH		SOLE		0	0	20,000
ISHARES TR	CORE S&P MCP ETF	464287507	6,409	44,445	SH		SOLE		0	0	44,445
ISHARES TR	U.S. UTILITS ETF	464287697	235	1,900	SH		SOLE		0	0	1,900
ISHARES TR	U.S. TECH ETF	464287721	1,227	11,310	SH		SOLE		0	0	11,310
ISHARES TR	NATIONAL MUN ETF	464288414	9,982	89,400	SH		SOLE		0	0	89,400
ISHARES TR	GLOBAL TECH ETF	464287291	294	2,941	SH		SOLE		0	0	2,941
ISHARES TR	S&P 100 ETF	464287101	84,726	927,283	SH		SOLE		0	0	927,283
ISHARES TR	MSCI ACWI ETF	464288257	1,411	25,173	SH		SOLE		0	0	25,173
ISHARES TR	1-3 YR TR BD ETF	464287457	255	3,000	SH		SOLE		0	0	3,000
ISHARES TR	RUSSELL 2000 ETF	464287655	4,521	40,870	SH		SOLE		0	0	40,870
ISHARES TR	MSCI AC ASIA ETF	464288182	2,311	42,310	SH		SOLE		0	0	42,310
ISHARES TR	TIPS BD ETF	464287176	5,475	47,760	SH		SOLE		0	0	47,760
ISHARES TR	US REGNL BKS ETF	464288778	5,582	175,593	SH		SOLE		0	0	175,593
ISHARES TR	MSCI EAFE ETF	464287465	14,322	250,685	SH		SOLE		0	0	250,685
JOHNSON & JOHNSON	COM	478160104	57,537	531,761	SH		SOLE		0	0	531,761
JOHNSON CTLS INC	COM	478366107	273	7,000	SH		SOLE		0	0	7,000
JPMORGAN CHASE & CO	COM	46625H100	2,976	50,245	SH		SOLE		0	0	50,245
KEY ENERGY SVCS INC	COM	492914106	44	120,000	SH		SOLE		0	0	120,000
KIMBERLY CLARK CORP	COM	494368103	884	6,570	SH		SOLE		0	0	6,570
KOHLS CORP	COM	500255104	3,527	75,673	SH		SOLE		0	0	75,673
KRAFT HEINZ CO	COM	500754106	1,958	24,926	SH		SOLE		0	0	24,926
L BRANDS INC	COM	501797104	17,910	203,968	SH		SOLE		0	0	203,968
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	677	5,781	SH		SOLE		0	0	5,781
LAM RESEARCH CORP	COM	512807108	4,761	57,644	SH		SOLE		0	0	57,644
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	62,660	732,186	SH		SOLE		0	0	732,186
MARKET VECTORS ETF TR	BIOTECH ETF	57060U183	3,681	35,500	SH		SOLE		0	0	35,500
MARKET VECTORS ETF TR	GOLD MINER ETF	57060U100	1,289	64,500	SH		SOLE		0	0	64,500
MARKET VECTORS ETF TR	OIL SVCS ETF	57060U191	363	13,650	SH		SOLE		0	0	13,650
MARKET VECTORS ETF TR	GAMING ETF	57060U829	480	14,100	SH		SOLE		0	0	14,100
MARKET VECTORS ETF TR	MKT VECTR WIDE	57060U134	3,771	122,712	SH		SOLE		0	0	122,712
MASTERCARD INC	CL A	57636Q104	2,840	30,053	SH		SOLE		0	0	30,053
MATTEL INC	COM	577081102	403	12,000	SH		SOLE		0	0	12,000
MCCORMICK & CO INC	COM NON VTG	579780206	2,586	26,000	SH		SOLE		0	0	26,000
MCDONALDS CORP	COM	580135101	60,329	480,019	SH		SOLE		0	0	480,019
MCGRAW HILL FINL INC	COM	580645109	578	5,840	SH		SOLE		0	0	5,840
MCKESSON CORP	COM	58155Q103	4,204	26,735	SH		SOLE		0	0	26,735
MEAD JOHNSON NUTRITION CO	COM	582839106	6,930	81,561	SH		SOLE		0	0	81,561
MERCK & CO INC NEW	COM	58933Y105	34,980	661,117	SH		SOLE		0	0	661,117
MICHAEL KORS HLDGS LTD	SHS	G60754101	645	11,320	SH		SOLE		0	0	11,320
MICRON TECHNOLOGY INC	COM	595112103	5,411	516,805	SH		SOLE		0	0	516,805
MICROSOFT CORP	COM	594918104	23,555	426,491	SH		SOLE		0	0	426,491
MID-AMER APT CMNTYS INC	COM	59522J103	920	9,000	SH		SOLE		0	0	9,000
MOLSON COORS BREWING CO	CL B	60871R209	1,157	12,030	SH		SOLE		0	0	12,030
MONDELEZ INTL INC	CL A	609207105	863	21,519	SH		SOLE		0	0	21,519
MOODYS CORP	COM	615369105	4,495	46,552	SH		SOLE		0	0	46,552
MORGAN STANLEY	COM NEW	617446448	883	35,300	SH		SOLE		0	0	35,300
MOSAIC CO NEW	COM	61945C103	248	9,200	SH		SOLE		0	0	9,200
NATUS MEDICAL INC DEL	COM	639050103	626	16,300	SH		SOLE		0	0	16,300
NETEASE INC	SPONSORED ADR	64110W102	376	2,620	SH		SOLE		0	0	2,620
NEWELL RUBBERMAID INC	COM	651229106	11,723	264,692	SH		SOLE		0	0	264,692
NEWMONT MINING CORP	COM	651639106	1,492	56,118	SH		SOLE		0	0	56,118
NIKE INC	CL B	654106103	135,265	2,200,505	SH		SOLE		0	0	2,200,505
OCCIDENTAL PETE CORP DEL	COM	674599105	8,280	121,002	SH		SOLE		0	0	121,002
ORACLE CORP	COM	68389X105	1,698	41,502	SH		SOLE		0	0	41,502
PALO ALTO NETWORKS INC	COM	697435105	461	2,825	SH		SOLE		0	0	2,825
PAYPAL HLDGS INC	COM	70450Y103	1,624	42,066	SH		SOLE		0	0	42,066
PEPSICO INC	COM	713448108	169,441	1,653,408	SH		SOLE		0	0	1,653,408
PERRIGO CO PLC	SHS	G97822103	702	5,455	SH		SOLE		0	0	5,455
PFIZER INC	COM	717081103	3,297	111,237	SH		SOLE		0	0	111,237
PHILIP MORRIS INTL INC	COM	718172109	5,894	60,074	SH		SOLE		0	0	60,074
PHILLIPS 66	COM	718546104	1,385	16,000	SH		SOLE		0	0	16,000
PIMCO ETF TR	TTL RTN ACTV ETF	72201R775	207	1,967	SH		SOLE		0	0	1,967
PIMCO ETF TR	INV GRD CRP BD	72201R817	264	2,560	SH		SOLE		0	0	2,560
PINNACLE WEST CAP CORP	COM	723484101	375	5,000	SH		SOLE		0	0	5,000
PIONEER NAT RES CO	COM	723787107	211	1,500	SH		SOLE		0	0	1,500
PNC FINL SVCS GROUP INC	COM	693475105	655	7,743	SH		SOLE		0	0	7,743
POTASH CORP SASK INC	COM	73755L107	282	16,513	SH		SOLE		0	0	16,513
POWERSHARES ETF TR II	PWRS INT BUYBK	73937B621	2,146	78,550	SH		SOLE		0	0	78,550
POWERSHARES ETF TR II	INSUR NATL MUN	73936T474	335	13,000	SH		SOLE		0	0	13,000
POWERSHARES ETF TRUST	DYNA BUYBK ACH	73935X286	24,098	531,732	SH		SOLE		0	0	531,732
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	45,591	417,502	SH		SOLE		0	0	417,502
POWERSHS DB MULTI SECT COMM	PS DB AGRICUL FD	73936B408	659	32,000	SH		SOLE		0	0	32,000
PRAXAIR INC	COM	74005P104	6,784	59,271	SH		SOLE		0	0	59,271
PRICE T ROWE GROUP INC	COM	74144T108	4,398	59,865	SH		SOLE		0	0	59,865
PRICELINE GRP INC	COM NEW	741503403	24,016	18,632	SH		SOLE		0	0	18,632
PROCTER & GAMBLE CO	COM	742718109	95,374	1,158,719	SH		SOLE		0	0	1,158,719
PROSHARES TR	PSHS SHRT S&P500	74347R503	278	13,600	SH		SOLE		0	0	13,600
PRUDENTIAL FINL INC	COM	744320102	272	3,763	SH		SOLE		0	0	3,763
QUALCOMM INC	COM	747525103	3,375	66,003	SH		SOLE		0	0	66,003
QUANTA SVCS INC	COM	74762E102	271	12,000	SH		SOLE		0	0	12,000
RAPTOR PHARMACEUTICAL CORP	COM	75382F106	46	10,000	SH		SOLE		0	0	10,000
REYNOLDS AMERICAN INC	COM	761713106	787	15,652	SH		SOLE		0	0	15,652
ROCKWELL AUTOMATION INC	COM	773903109	5,771	50,734	SH		SOLE		0	0	50,734
ROYAL GOLD INC	NOTE 2.875% 6/1	780287AA6	49	50,000	SH		SOLE		0	0	50,000
SALESFORCE COM INC	COM	79466L302	650	8,800	SH		SOLE		0	0	8,800
SCHLUMBERGER LTD	COM	806857108	13,108	177,734	SH		SOLE		0	0	177,734
SEAGATE TECHNOLOGY PLC	SHS	G7945M107	340	9,862	SH		SOLE		0	0	9,862
SEALED AIR CORP NEW	COM	81211K100	9,151	190,610	SH		SOLE		0	0	190,610
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	305	5,500	SH		SOLE		0	0	5,500
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	57,296	1,291,625	SH		SOLE		0	0	1,291,625
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	808	10,220	SH		SOLE		0	0	10,220
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	1,884	35,521	SH		SOLE		0	0	35,521
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	1,880	27,740	SH		SOLE		0	0	27,740
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	228	4,600	SH		SOLE		0	0	4,600
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	9,077	403,225	SH		SOLE		0	0	403,225
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	7,613	122,944	SH		SOLE		0	0	122,944
SIMON PPTY GROUP INC NEW	COM	828806109	415	2,000	SH		SOLE		0	0	2,000
SOLITARIO EXPL & RTY CORP	COM	8342EP107	47	100,000	SH		SOLE		0	0	100,000
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	2,173	12,300	SH		SOLE		0	0	12,300
SPDR GOLD TRUST	GOLD SHS	78463V107	14,930	126,953	SH		SOLE		0	0	126,953
SPDR INDEX SHS FDS	EURO STOXX 50	78463X202	9,061	272,675	SH		SOLE		0	0	272,675
SPDR S&P 500 ETF TR	TR UNIT	78462F103	70,609	343,494	SH		SOLE		0	0	343,494
SPDR SER TR	NUVN BRCLY MUNI	78468R721	308	6,250	SH		SOLE		0	0	6,250
SPDR SERIES TRUST	S&P RETAIL ETF	78464A714	8,712	188,650	SH		SOLE		0	0	188,650
SPDR SERIES TRUST	S&P HOMEBUILD	78464A888	3,552	104,950	SH		SOLE		0	0	104,950
SPDR SERIES TRUST	S&P BIOTECH	78464A870	7,449	144,200	SH		SOLE		0	0	144,200
SPDR SERIES TRUST	S&P BK ETF	78464A797	3,265	107,500	SH		SOLE		0	0	107,500
SPDR SERIES TRUST	BRC CNV SECS ETF	78464A359	17,944	415,363	SH		SOLE		0	0	415,363
SPDR SERIES TRUST	S&P OILGAS EXP	78464A730	5,229	172,280	SH		SOLE		0	0	172,280
SPDR SERIES TRUST	NUVN CALI MUNI	78464A441	3,525	142,925	SH		SOLE		0	0	142,925
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	438	12,800	SH		SOLE		0	0	12,800
SPDR SERIES TRUST	GLB DOW ETF	78464A706	307	4,800	SH		SOLE		0	0	4,800
SPIRIT AEROSYSTEMS HLDGS INC	COM CL A	848574109	3,492	76,980	SH		SOLE		0	0	76,980
STARBUCKS CORP	COM	855244109	139,296	2,333,258	SH		SOLE		0	0	2,333,258
STARWOOD HOTELS&RESORTS WRLD	COM	85590A401	4,711	56,469	SH		SOLE		0	0	56,469
STATE STR CORP	COM	857477103	3,424	58,507	SH		SOLE		0	0	58,507
STERICYCLE INC	COM	858912108	20,759	164,506	SH		SOLE		0	0	164,506
STRYKER CORP	COM	863667101	268	2,500	SH		SOLE		0	0	2,500
SUNCOR ENERGY INC NEW	COM	867224107	245	8,745	SH		SOLE		0	0	8,745
TECOGEN INC NEW	COM NEW	87876P201	2,356	593,472	SH		SOLE		0	0	593,472
TESLA MTRS INC	NOTE 1.250% 3/0	88160RAC5	43	50,000	SH		SOLE		0	0	50,000
TESLA MTRS INC	COM	88160R101	1,503	6,543	SH		SOLE		0	0	6,543
TEXAS INSTRS INC	COM	882508104	3,796	66,102	SH		SOLE		0	0	66,102
THERMO FISHER SCIENTIFIC INC	COM	883556102	108,844	768,725	SH		SOLE		0	0	768,725
TIME WARNER INC	COM NEW	887317303	377	5,200	SH		SOLE		0	0	5,200
TJX COS INC NEW	COM	872540109	75,626	965,238	SH		SOLE		0	0	965,238
TOLL BROTHERS INC	COM	889478103	6,191	209,800	SH		SOLE		0	0	209,800
TORONTO DOMINION BK ONT	COM NEW	891160509	214	4,935	SH		SOLE		0	0	4,935
TRIPADVISOR INC	COM	896945201	499	7,500	SH		SOLE		0	0	7,500
ULTA SALON COSMETCS & FRAG I	COM	90384S303	6,101	31,490	SH		SOLE		0	0	31,490
UNDER ARMOUR INC	CL A	904311107	2,015	23,750	SH		SOLE		0	0	23,750
UNION PAC CORP	COM	907818108	3,704	46,557	SH		SOLE		0	0	46,557
UNITED TECHNOLOGIES CORP	COM	913017109	50,762	507,110	SH		SOLE		0	0	507,110
UNITEDHEALTH GROUP INC	COM	91324P102	6,570	50,966	SH		SOLE		0	0	50,966
US BANCORP DEL	COM NEW	902973304	15,533	382,669	SH		SOLE		0	0	382,669
VALERO ENERGY CORP NEW	COM	91913Y100	389	6,059	SH		SOLE		0	0	6,059
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	414	5,000	SH		SOLE		0	0	5,000
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	580	3,076	SH		SOLE		0	0	3,076
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	1,383	40,000	SH		SOLE		0	0	40,000
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	7,579	156,132	SH		SOLE		0	0	156,132
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	297	4,300	SH		SOLE		0	0	4,300
VANGUARD WORLD FD	MEGA GRWTH IND	921910816	1,122	13,500	SH		SOLE		0	0	13,500
VANGUARD WORLD FDS	INF TECH ETF	92204A702	4,645	42,410	SH		SOLE		0	0	42,410
VERISIGN INC	COM	92343E102	4,582	51,755	SH		SOLE		0	0	51,755
VERIZON COMMUNICATIONS INC	COM	92343V104	2,568	47,489	SH		SOLE		0	0	47,489
VISA INC	COM CL A	92826C839	29,188	381,639	SH		SOLE		0	0	381,639
WABCO HLDGS INC	COM	92927K102	19,560	182,939	SH		SOLE		0	0	182,939
WAL-MART STORES INC	COM	931142103	1,941	28,344	SH		SOLE		0	0	28,344
WALGREENS BOOTS ALLIANCE INC	COM	931427108	910	10,800	SH		SOLE		0	0	10,800
WASHINGTON REAL ESTATE INVT	SH BEN INT	939653101	300	10,285	SH		SOLE		0	0	10,285
WATERS CORP	COM	941848103	4,909	37,214	SH		SOLE		0	0	37,214
WELLS FARGO & CO NEW	COM	949746101	61,395	1,269,546	SH		SOLE		0	0	1,269,546
WELLTOWER INC	COM	95040Q104	695	10,025	SH		SOLE		0	0	10,025
WESTERN DIGITAL CORP	COM	958102105	3,220	68,163	SH		SOLE		0	0	68,163
WHITEWAVE FOODS CO	COM	966244105	42,166	1,037,555	SH		SOLE		0	0	1,037,555
WHOLE FOODS MKT INC	COM	966837106	218	7,000	SH		SOLE		0	0	7,000
WISDOMTREE TR	JAPN HEDGE EQT	97717W851	5,409	123,749	SH		SOLE		0	0	123,749
WISDOMTREE TR	EUROPE HEDGED EQ	97717X701	2,649	51,026	SH		SOLE		0	0	51,026
WYNDHAM WORLDWIDE CORP	COM	98310W108	4,522	59,161	SH		SOLE		0	0	59,161
WYNN RESORTS LTD	COM	983134107	2,078	22,237	SH		SOLE		0	0	22,237
YAHOO INC	COM	984332106	699	19,000	SH		SOLE		0	0	19,000
YAHOO INC	NOTE 12/0	984332AF3	248	250,000	SH		SOLE		0	0	250,000
YAMANA GOLD INC	COM	98462Y100	30	10,000	SH		SOLE		0	0	10,000
YANDEX NV	NOTE 1.125%12/1	98474TAB3	222	250,000	SH		SOLE		0	0	250,000
YELP INC	CL A	985817105	380	19,100	SH		SOLE		0	0	19,100