Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
NKE	Nike, Inc. Class B	960,113	$118M	6.0%	$122.97 *	$27.53	+96.1%	COMMON STOCK	654106103
TJX	TJX Companies, Inc.	1,584,002	$113M	5.7%	$71.42 *	$25.61	+20.8%	COMMON STOCK	872540109
—	Adobe Systems, Inc.	1,344,118	$111M	5.6%	$82.22	$45223.88	—	COMMON STOCK	00724f101
COST	Costco Wholesale	749,047	$108M	5.5%	$144.57 *	$87.15	+39.2%	COMMON STOCK	22160K105
—	E M C Corp.	4,259,952	$103M	5.2%	$24.16	$21145.18	—	COMMON STOCK	268648102
MA	Mastercard Inc	1,122,312	$101M	5.1%	$90.12 *	$87.17	-2.8%	COMMON STOCK	57636Q104
—	Nordstrom, Inc.	1,394,370	$99.99M	5.1%	$71.71	$58054.32	—	COMMON STOCK	655664100
EL	Estee Lauder Cos.	1,236,682	$99.78M	5.0%	$80.68 *	$58.57	+20.8%	COMMON STOCK	518439104
AAPL	Apple, Inc.	885,072	$97.62M	4.9%	$110.30 *	$18.70	+32.4%	COMMON STOCK	037833100
—	Comcast Corp. Cl. A	1,703,240	$96.88M	4.9%	$56.88	$24889.59	—	COMMON STOCK	20030n101
CVS	CVS Health Corp.	994,924	$95.99M	4.9%	$96.48 *	$41.44	+72.2%	COMMON STOCK	126650100
DIS	Disney, Walt Co.	934,087	$95.46M	4.8%	$102.20 *	$56.87	+64.6%	COMMON STOCK	254687106
EBAY	eBay, Inc.	3,835,001	$93.73M	4.7%	$24.44 *	$21.85	-0.5%	COMMON STOCK	278642103
GILD	Gilead Sciences, Inc.	938,015	$92.1M	4.7%	$98.19 *	$46.17	+48.9%	COMMON STOCK	375558103
QCOM	Qualcomm, Inc.	1,710,051	$91.88M	4.6%	$53.73 *	$46.17	-13.1%	COMMON STOCK	747525103
—	HCA Holdings, Inc.	1,177,299	$91.08M	4.6%	$77.36	$69283.69	—	COMMON STOCK	40412c101
PYPL	PayPal Holdings, Inc.	2,894,358	$89.84M	4.5%	$31.04	$35.85	-13.6%	COMMON STOCK	70450Y103
—	Celgene Corp.	806,375	$87.23M	4.4%	$108.17	$41927.96	—	COMMON STOCK	151020104
—	Biogen, Inc.	288,716	$84.25M	4.3%	$291.81	$152759.10	—	COMMON STOCK	09062x103
—	Express Scripts Hld. Co.	697,180	$56.44M	2.9%	$80.96	$55503.34	—	COMMON STOCK	30219G108
—	Allergan PLC	145,867	$39.65M	2.0%	$271.81	$271.81	—	COMMON STOCK	G0177J108
VEU	Vanguard FTSE All-World ex-US ETF	44,648	$1.903M	0.1%	$42.63	$47.57	-10.4%	COMMON STOCK	922042775
—	Consumer Discretionary Select Sect SPDR Fd	20,770	$1.542M	0.1%	$74.26	$30918.57	—	COMMON STOCK	81369y407
—	Vanguard Information Technology ETF	15,277	$1.528M	0.1%	$100.00	$63444.71	—	COMMON STOCK	92204a702
SPY	SPDR Tr Unit Ser 1	6,282	$1.204M	0.1%	$191.63	$202.84	-5.5%	COMMON STOCK	78462F103
—	Health Care Select Sector SPDR Fund	18,077	$1.197M	0.1%	$66.23	$25577.60	—	COMMON STOCK	81369y209
IGSB	iShares 1-3 Year Credit Bond ETF	7,954	$836K	0.0%	$105.13 *	$52.65	-0.2%	COMMON STOCK	464288646
XLP	Consumer Staples Select Sector SPDR Fund	16,432	$775K	0.0%	$47.19	$44.35	+6.4%	COMMON STOCK	81369Y308
IEUR	iShares Core MSCI Europe ETF	15,244	$635K	0.0%	$41.64	$45.13	-7.7%	COMMON STOCK	46434V738
VPL	Vanguard FTSE Pacific ETF	7,805	$419K	0.0%	$53.69	$57.83	-7.2%	COMMON STOCK	922042866
VXF	Vanguard Extended Market ETF	5,124	$418K	0.0%	$81.63	$78.57	+3.9%	COMMON STOCK	922908652
LQD	iShares iBoxx $ Invest. Grade Corp Bd ETF	1,449	$168K	0.0%	$116.09	$117.76	-1.4%	COMMON STOCK	464287242
—	SPDR Barclays High Yield Bond ETF	4,276	$152K	0.0%	$35.66	$19901.85	—	COMMON STOCK	78464A417
IVV	iShares S&P 500 Index	585	$113K	0.0%	$192.71	$204.12	-5.6%	COMMON STOCK	464287200
IWV	iShares Russell 3000 ETF	390	$44,417	0.0%	$113.89	$95.75	+19.0%	COMMON STOCK	464287689
IWF	ISHARES RUSSELL 1000 GWTH INDEX FD	407	$37,851	0.0%	$93.00 *	$24.61	-5.5%	COMMON STOCK	464287614
SPIB	SPDR Barclays Interm Term Corp ETF	84	$2,852	0.0%	$33.95	$33.87	+0.2%	COMMON STOCK	78464A375