<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>form13fhr.txt
<DESCRIPTION>NONE
<TEXT>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 13F
                               Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 6/30/2012
Check here if Amendment []; Amendment Number:
                                               -------
This Amendment (Check only one.):               [] is a restatement.
                                                [] adds new holdings entries.

Institutional Investment Manager Filing this Report:


Name:      Sumitomo Life Insurance Co.

Address:   7-18-24,Tsukiji Chuo-ku Tokyo Japan 104-8430


Form 13F File Number:


The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this submission.

Persons Signing this Report on Behalf of Reporting Manager:

Name:   Shoichi Washio
Title:  Manager
Phone:  81-3-6381-3267

Signature,  Place,  and  Date  of  Signing:

/s/ Shoichi Washio                 Tokyo, Japan                       7/31/2012
---------------------------------  ---------------------------------  ----------
[Signature]                        [City, State]                      [Date]



Report  Type  (Check  only  one):

[X]     13F HOLDINGS REPORT. (Check here if all holdings of this reporting
        manager are reported in this report.)

[ ]     13F NOTICE. (Check here if no holdings reported are in this report,
        and all holdings are reported by other reporting manager(s).)

[ ]     13F COMBINATION REPORT. (Check here if a portion of the holdings for
        this reporting manager are reported in this report and a portion are
        reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager:



<PAGE>
                              Form 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:                    0

Form 13F Information Table Entry Total:             255

Form 13F Information Table Value Total:  $1,228,150,676.91
                                         --------------


List of Other Included Managers:

Provide a numbered list of the name(s) and 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE




<PAGE>
<TABLE>
<CAPTION>
                                                  FORM 13F INFORMATION TABLE

              COLUMN 1                   COLUMN 2    COLUMN 3    COLUMN 4         COLUMN 5       COLUMN 6  COLUMN 7     COLUMN 8
------------------------------------- -------------- --------- ------------- ------------------ ---------- -------- ----------------
                                                                              SHRS OR  SH/ PUT/ INVESTMENT  OTHER   VOTING AUTHORITY
           NAME OF ISSUER             TITLE OF CLASS   CUSIP       VALUE      PRN AMT  PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------- -------------- --------- ------------- --------- --- ---- ---------- -------- ---- ------ ----
<S>                                   <C>            <C>       <C>           <C>       <C> <C>  <C>        <C>      <C>  <C>    <C>
ISHARES INC MSCI TAIWAN               Common         46428673   1,504,290.00   123,000          SOLE                   X      0    0
3M CO COM                             Common         88579Y10   7,087,270.40    79,099          SOLE                   X      0    0
ABBOTT LABS COM                       Common         00282410  10,868,288.13   168,579          SOLE                   X      0    0
ABERCROMBIE & FITCH CO CL A           Common         00289620   1,860,322.74    54,491          SOLE                   X      0    0
ACCENTURE PLC IRELAND SHS CLASS A     Common         G1151C10   4,986,688.83    82,987          SOLE                   X      0    0
ACE LTD SHS                           Common         H0023R10   4,081,078.89    55,053          SOLE                   X      0    0
ADOBE SYS INC COM                     Common         00724F10   3,969,241.77   122,621          SOLE                   X      0    0
AFFILIATED MANAGERS GROUP COM         Common         00825210   2,207,715.95    20,171          SOLE                   X      0    0
AFLAC INC COM                         Common         00105510   2,328,310.12    54,668          SOLE                   X      0    0
AGCO CORP COM                         Common         00108410   2,700,036.39    59,043          SOLE                   X      0    0
AIR PRODS & CHEMS INC COM             Common         00915810   3,101,565.87    38,419          SOLE                   X      0    0
ALBEMARLE CORP COM                    Common         01265310   1,549,447.20    25,980          SOLE                   X      0    0
ALCOA INC COM                         Common         01381710     610,811.25    69,807          SOLE                   X      0    0
ALLEGHENY TECHNOLOGIES INC COM        Common         01741R10   1,348,404.87    42,283          SOLE                   X      0    0
ALLERGAN INC COM                      Common         01849010   6,014,735.75    64,975          SOLE                   X      0    0
ALLSTATE CORP COM                     Common         02000210   2,882,573.32    82,148          SOLE                   X      0    0
ALTRIA GROUP INC COM                  Common         02209S10   7,051,171.30   204,086          SOLE                   X      0    0
AMAZON COM INC COM                    Common         02313510   8,415,382.55    36,853          SOLE                   X      0    0
AMERICAN EXPRESS CO COM               Common         02581610   7,521,255.89   129,209          SOLE                   X      0    0
AMERICAN FINL GROUP INC OHIO COM      Common         02593210   1,831,334.86    46,682          SOLE                   X      0    0
AMERICAN INTL GROUP INC COM NEW       Common         02687478   2,703,582.50    84,250          SOLE                   X      0    0
AMERICAN TOWER CORP NEW COM           Common         03027X10   4,177,192.41    59,751          SOLE                   X      0    0
AMGEN INC COM                         Common         03116210   7,811,628.00   106,950          SOLE                   X      0    0
ANADARKO PETE CORP COM                Common         03251110   4,073,021.20    61,526          SOLE                   X      0    0
ANNALY CAP MGMT INC COM               Common         03571040   3,906,535.02   232,809          SOLE                   X      0    0
AON PLC SHS CL A                      Common         G0408V10   3,254,484.60    69,570          SOLE                   X      0    0
APACHE CORP COM                       Common         03741110   3,626,956.63    41,267          SOLE                   X      0    0
APPLE INC COM                         Common         03783310  52,027,976.00    89,089          SOLE                   X      0    0
APPLIED MATLS INC COM                 Common         03822210   1,081,686.48    94,388          SOLE                   X      0    0
ARCHER DANIELS MIDLAND CO COM         Common         03948310   1,642,492.80    55,640          SOLE                   X      0    0
AT&T INC COM                          Common         00206R10  21,280,996.50   596,775          SOLE                   X      0    0
AUTODESK INC COM                      Common         05276910   2,829,501.34    80,866          SOLE                   X      0    0
AUTOMATIC DATA PROCESSING INC COM     Common         05301510   3,886,682.14    69,829          SOLE                   X      0    0
AVON PRODS INC COM                    Common         05430310   1,109,509.66    68,446          SOLE                   X      0    0
BAKER HUGHES INC COM                  Common         05722410   3,133,422.90    76,239          SOLE                   X      0    0
BALL CORP COM                         Common         05849810   3,174,807.00    77,340          SOLE                   X      0    0
BANK AMER CORP COM                    Common         06050510   8,585,654.38 1,049,591          SOLE                   X      0    0
BANK OF NEW YORK MELLON CORP COM      Common         06405810   3,497,688.60   159,348          SOLE                   X      0    0
BAXTER INTL INC COM                   Common         07181310   4,091,593.30    76,982          SOLE                   X      0    0
BEAM INC COM                          Common         07373010   3,278,725.32    52,468          SOLE                   X      0    0
BECTON DICKINSON & CO COM             Common         07588710   2,756,331.50    36,874          SOLE                   X      0    0
BERKSHIRE HATHAWAY INC DEL CL B NEW   Common         08467070   7,748,856.70    92,990          SOLE                   X      0    0
BLACKROCK INC CL A                    Common         09247X10   2,985,095.96    17,578          SOLE                   X      0    0
BOEING CO COM                         Common         09702310   5,304,648.50    71,395          SOLE                   X      0    0
BORG WARNER INC COM                   Common         09972410   2,602,086.48    39,672          SOLE                   X      0    0
BOSTON PROPERTIES INC COM             Common         10112110   3,847,351.74    35,502          SOLE                   X      0    0
BRISTOL MYERS SQUIBB CO COM           Common         11012210   7,175,871.65   199,607          SOLE                   X      0    0
CALPINE CORP COM NEW                  Common         13134730   1,822,208.70   110,370          SOLE                   X      0    0
CARDINAL HEALTH INC COM               Common         14149Y10   2,625,588.00    62,514          SOLE                   X      0    0
CAREFUSION CORP COM                   Common         14170T10   3,713,482.08   144,606          SOLE                   X      0    0
CARMAX INC COM                        Common         14313010   1,761,766.98    67,917          SOLE                   X      0    0
CARNIVAL CORP PAIRED CTF              Common         14365830   2,446,261.14    71,382          SOLE                   X      0    0
CATERPILLAR INC DEL COM               Common         14912310   6,093,311.42    71,762          SOLE                   X      0    0
CAVIUM INC                            Common         14964U10   1,651,636.00    58,987          SOLE                   X      0    0
CBS CORP NEW CL B                     Common         12485720   4,327,418.92   132,014          SOLE                   X      0    0
CELGENE CORP COM                      Common         15102010   5,094,817.28    79,408          SOLE                   X      0    0
CHEVRON CORP COM                      Common         16676410  20,429,758.50   193,647          SOLE                   X      0    0
CINTAS CORP COM                       Common         17290810   2,835,248.13    73,433          SOLE                   X      0    0
CISCO SYS INC COM                     Common         17275R10   8,507,219.90   495,470          SOLE                   X      0    0
CITIGROUP INC COM                     Common         17296742   7,958,466.09   290,349          SOLE                   X      0    0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                                  FORM 13F INFORMATION TABLE

              COLUMN 1                   COLUMN 2    COLUMN 3    COLUMN 4         COLUMN 5       COLUMN 6  COLUMN 7     COLUMN 8
------------------------------------- -------------- --------- ------------- ------------------ ---------- -------- ----------------
                                                                              SHRS OR  SH/ PUT/ INVESTMENT  OTHER   VOTING AUTHORITY
           NAME OF ISSUER             TITLE OF CLASS   CUSIP       VALUE      PRN AMT  PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------- -------------- --------- ------------- --------- --- ---- ---------- -------- ---- ------ ----
<S>                                   <C>            <C>       <C>           <C>       <C> <C>  <C>        <C>      <C>  <C>    <C>
CITRIX SYS INC COM                    Common         17737610   3,707,965.56    44,174          SOLE                   X      0    0
CLIFFS NATURAL RESOURCES INC COM      Common         18683K10   1,308,797.37    26,553          SOLE                   X      0    0
CME GROUP INC COM                     Common         12572Q10   2,692,360.62    10,042          SOLE                   X      0    0
COACH INC COM                         Common         18975410   3,315,816.00    56,700          SOLE                   X      0    0
COCA COLA CO COM                      Common         19121610  16,059,522.29   205,391          SOLE                   X      0    0
COLGATE PALMOLIVE CO COM              Common         19416210   3,989,424.30    38,323          SOLE                   X      0    0
COMCAST CORP NEW CL A                 Common         20030N10   5,216,544.90   163,170          SOLE                   X      0    0
COMCAST CORP NEW CL A SPL             Common         20030N20   3,732,926.20   118,883          SOLE                   X      0    0
CONOCOPHILLIPS COM                    Common         20825C10   6,620,103.60   118,470          SOLE                   X      0    0
CONSTELLATION BRANDS INC CL A         Common         21036P10   3,391,510.98   125,333          SOLE                   X      0    0
CORNING INC COM                       Common         21935010   2,565,337.86   198,402          SOLE                   X      0    0
COSTCO WHSL CORP NEW COM              Common         22160K10   4,515,350.00    47,530          SOLE                   X      0    0
CROWN CASTLE INTL CORP COM            Common         22822710   2,217,934.60    37,810          SOLE                   X      0    0
CSX CORP COM                          Common         12640810   4,601,196.08   205,778          SOLE                   X      0    0
CUMMINS INC COM                       Common         23102110   3,237,763.10    33,410          SOLE                   X      0    0
CVS CAREMARK CORPORATION COM          Common         12665010   5,530,729.15   118,355          SOLE                   X      0    0
D R HORTON INC COM                    Common         23331A10   2,418,458.78   131,581          SOLE                   X      0    0
DANAHER CORP DEL COM                  Common         23585110   4,417,738.08    84,826          SOLE                   X      0    0
DEERE & CO COM                        Common         24419910   4,675,094.70    57,810          SOLE                   X      0    0
DELL INC COM                          Common         24702R10   2,979,396.92   237,971          SOLE                   X      0    0
DEVON ENERGY CORP NEW COM             Common         25179M10   2,415,747.42    41,658          SOLE                   X      0    0
DISCOVERY COMMUNICATNS NEW COM SER C  Common         25470F30   3,105,730.27    62,003          SOLE                   X      0    0
DISNEY WALT CO COM                    Common         25468710   8,529,404.00   175,864          SOLE                   X      0    0
DOMINION RES INC VA NEW COM           Common         25746U10   4,295,916.00    79,554          SOLE                   X      0    0
DOW CHEM CO COM                       Common         26054310   4,493,223.00   142,642          SOLE                   X      0    0
DTE ENERGY CO COM                     Common         23333110   2,700,523.61    45,517          SOLE                   X      0    0
DU PONT E I DE NEMOURS & CO COM       Common         26353410   4,944,228.90    97,770          SOLE                   X      0    0
DUKE ENERGY CORP COM                  Common         26441C10   3,916,602.64   169,844          SOLE                   X      0    0
E M C CORP MASS COM                   Common         26864810   6,773,214.47   264,269          SOLE                   X      0    0
EBAY INC COM                          Common         27864210   5,903,539.27   140,527          SOLE                   X      0    0
EMERSON ELEC CO COM                   Common         29101110   4,493,339.70    96,465          SOLE                   X      0    0
ENERGIZER HLDGS INC COM               Common         29266R10   2,319,807.00    30,828          SOLE                   X      0    0
EOG RES INC COM                       Common         26875P10   3,452,925.09    38,319          SOLE                   X      0    0
EQUITY RESIDENTIAL SH BEN INT         Common         29476L10   3,380,161.44    54,204          SOLE                   X      0    0
EXELON CORP COM                       Common         30161N10   3,249,577.98    86,379          SOLE                   X      0    0
EXPRESS SCRIPTS HLDG CO COM           Common         30219G10   5,515,613.19    98,793          SOLE                   X      0    0
EXXON MOBIL CORP COM                  Common         30231G10  37,615,031.74   439,582          SOLE                   X      0    0
FEDEX CORP COM                        Common         31428X10   3,367,033.94    36,754          SOLE                   X      0    0
FIFTH THIRD BANCORP COM               Common         31677310   3,191,089.40   238,141          SOLE                   X      0    0
FIRSTENERGY CORP COM                  Common         33793210   3,947,497.50    80,250          SOLE                   X      0    0
FLUOR CORP COM                        Common         34341210   2,137,754.18    43,327          SOLE                   X      0    0
FORD MTR CO DEL COM PAR  0.01         Common         34537086   3,689,915.53   384,767          SOLE                   X      0    0
FORTINET INC COM                      Common         34959E10   1,272,223.80    54,790          SOLE                   X      0    0
FOSSIL INC COM                        Common         34988210     979,329.30    12,795          SOLE                   X      0    0
FRANKLIN RES INC COM                  Common         35461310   2,786,736.92    25,108          SOLE                   X      0    0
FREEPORT-MCMORAN COPPER & GOLD COM    Common         35671D85   2,998,398.49    88,007          SOLE                   X      0    0
GENERAL ELEC CO COM                   Common         36960410  21,520,592.72 1,032,658          SOLE                   X      0    0
GENERAL MLS INC COM                   Common         37033410   3,326,194.70    86,305          SOLE                   X      0    0
GENERAL MTRS CO COM                   Common         37045V10   1,749,933.08    88,739          SOLE                   X      0    0
GILEAD SCIENCES INC COM               Common         37555810   4,720,836.80    92,060          SOLE                   X      0    0
GOLDMAN SACHS GROUP INC COM           Common         38141G10   4,892,981.98    51,043          SOLE                   X      0    0
GOOGLE INC CL A                       Common         38259P50  14,161,248.91    24,413          SOLE                   X      0    0
GRAINGER W W INC COM                  Common         38480210   2,980,666.64    15,586          SOLE                   X      0    0
HALLIBURTON CO COM                    Common         40621610   2,152,870.48    75,832          SOLE                   X      0    0
HDFC BANK LTD ADR REPS 3 SHS          Common         40415F10   2,415,660.00    74,100          SOLE                   X      0    0
HEINZ H J CO COM                      Common         42307410   1,850,170.74    34,023          SOLE                   X      0    0
HELMERICH & PAYNE INC COM             Common         42345210   1,377,707.28    31,686          SOLE                   X      0    0
HESS CORP COM                         Common         42809H10   2,863,181.20    65,896          SOLE                   X      0    0
HEWLETT PACKARD CO COM                Common         42823610   4,009,572.02   199,382          SOLE                   X      0    0
HOME DEPOT INC COM                    Common         43707610   8,733,599.84   164,816          SOLE                   X      0    0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                                  FORM 13F INFORMATION TABLE

              COLUMN 1                   COLUMN 2    COLUMN 3    COLUMN 4         COLUMN 5       COLUMN 6  COLUMN 7     COLUMN 8
------------------------------------- -------------- --------- ------------- ------------------ ---------- -------- ----------------
                                                                              SHRS OR  SH/ PUT/ INVESTMENT  OTHER   VOTING AUTHORITY
           NAME OF ISSUER             TITLE OF CLASS   CUSIP       VALUE      PRN AMT  PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------- -------------- --------- ------------- --------- --- ---- ---------- -------- ---- ------ ----
<S>                                   <C>            <C>       <C>           <C>       <C> <C>  <C>        <C>      <C>  <C>    <C>
HONEYWELL INTL INC COM                Common         43851610   5,713,381.28   102,317          SOLE                   X      0    0
IBERIABANK CORP COM                   Common         45082810   1,539,229.50    30,510          SOLE                   X      0    0
ICICI BK LTD ADR                      Common         45104G10   1,695,043.00    52,300          SOLE                   X      0    0
ILLINOIS TOOL WKS INC COM             Common         45230810   3,212,644.38    60,742          SOLE                   X      0    0
INFOSYS LTD SPONSORED ADR             Common         45678810   1,491,486.00    33,100          SOLE                   X      0    0
INTEL CORP COM                        Common         45814010  13,157,131.65   493,701          SOLE                   X      0    0
INTERNATIONAL BUSINESS MACHS COM      Common         45920010  22,668,699.90   115,905          SOLE                   X      0    0
INTL PAPER CO COM                     Common         46014610   2,199,848.63    76,093          SOLE                   X      0    0
ITC HLDGS CORP COM                    Common         46568510   1,982,265.06    28,766          SOLE                   X      0    0
JOHNSON & JOHNSON COM                 Common         47816010  18,176,409.96   269,041          SOLE                   X      0    0
JONES LANG LASALLE INC COM            Common         48020Q10   1,930,530.58    27,434          SOLE                   X      0    0
JPMORGAN CHASE & CO COM               Common         46625H10  12,532,726.26   350,762          SOLE                   X      0    0
JUNIPER NETWORKS INC COM              Common         48203R10   1,867,315.59   114,489          SOLE                   X      0    0
KELLOGG CO COM                        Common         48783610   2,179,448.73    44,181          SOLE                   X      0    0
KLA-TENCOR CORP COM                   Common         48248010   2,727,218.75    55,375          SOLE                   X      0    0
KRAFT FOODS INC CL A                  Common         50075N10   7,023,626.30   181,865          SOLE                   X      0    0
KROGER CO COM                         Common         50104410   2,492,507.58   107,482          SOLE                   X      0    0
LILLY ELI & CO COM                    Common         53245710   5,799,029.04   135,144          SOLE                   X      0    0
LOWES COS INC COM                     Common         54866110   3,196,712.88   112,402          SOLE                   X      0    0
MACYS INC COM                         Common         55616P10   2,921,433.15    85,049          SOLE                   X      0    0
MANPOWERGROUP INC COM                 Common         56418H10   1,426,784.50    38,930          SOLE                   X      0    0
MARATHON OIL CORP COM                 Common         56584910   2,976,757.12   116,416          SOLE                   X      0    0
MARATHON PETE CORP COM                Common         56585A10   2,780,592.92    61,901          SOLE                   X      0    0
MARRIOTT INTL INC NEW CL A            Common         57190320   2,328,519.20    59,401          SOLE                   X      0    0
MASTERCARD INC COM                    Common         57636Q10   4,476,154.77    10,407          SOLE                   X      0    0
MAXIM INTEGRATED PRODS INC COM        Common         57772K10   2,320,137.96    90,489          SOLE                   X      0    0
MCDONALDS CORP COM                    Common         58013510   9,183,748.08   103,736          SOLE                   X      0    0
MCGRAW HILL COS INC COM               Common         58064510   3,315,375.00    73,675          SOLE                   X      0    0
MCKESSON CORP                         Common         58155Q10   3,918,656.25    41,799          SOLE                   X      0    0
MEDTRONIC INC COM                     Common         58505510   5,031,259.38   129,906          SOLE                   X      0    0
MERCK & CO INC NEW COM                Common         58933Y10  13,201,725.75   316,209          SOLE                   X      0    0
METLIFE INC COM                       Common         59156R10   3,864,548.65   125,269          SOLE                   X      0    0
MICROSOFT CORP COM                    Common         59491810  21,160,265.42   691,738          SOLE                   X      0    0
MOLSON COORS BREWING CO CL B          Common         60871R20   2,166,299.82    52,062          SOLE                   X      0    0
MONSANTO CO NEW COM                   Common         61166W10   5,600,894.80    67,660          SOLE                   X      0    0
MONSTER BEVERAGE CORP COM             Common         61174010   3,759,360.00    52,800          SOLE                   X      0    0
MORGAN STANLEY COM NEW                Common         61744644   3,152,913.59   216,101          SOLE                   X      0    0
MSCI INC CL A                         Common         55354G10   2,093,522.76    61,538          SOLE                   X      0    0
MYLAN INC COM                         Common         62853010   3,207,957.55   150,115          SOLE                   X      0    0
NATIONAL OILWELL VARCO INC CO         Common         63707110   4,246,209.36    65,894          SOLE                   X      0    0
NAVIOS MARITIME HOLDINGS INC COM      Common         Y6219610   1,126,007.88   339,159          SOLE                   X      0    0
NETAPP INC COM                        Common         64110D10   2,887,410.44    90,742          SOLE                   X      0    0
NEWMONT MINING CORP COM               Common         65163910   2,881,542.51    59,401          SOLE                   X      0    0
NEWS CORP CL A                        Common         65248E10   4,107,668.07   184,283          SOLE                   X      0    0
NEXTERA ENERGY INC COM                Common         65339F10   3,797,417.47    55,187          SOLE                   X      0    0
NII HLDGS INC CL B NEW                Common         62913F20     811,484.52    79,324          SOLE                   X      0    0
NIKE INC CL B                         Common         65410610   4,142,952.66    47,197          SOLE                   X      0    0
NOBLE CORPORATION BAAR NAMEN -AKT     Common         H5833N10   2,347,332.27    72,159          SOLE                   X      0    0
NOBLE ENERGY INC COM                  Common         65504410   2,050,014.58    24,169          SOLE                   X      0    0
NUCOR CORP COM                        Common         67034610   1,134,309.10    29,929          SOLE                   X      0    0
NV ENERGY INC COM                     Common         67073Y10   1,202,296.20    68,390          SOLE                   X      0    0
NVIDIA CORP COM                       Common         67066G10   1,643,350.02   118,911          SOLE                   X      0    0
OCCIDENTAL PETE CORP DEL COM          Common         67459910   6,486,270.48    75,624          SOLE                   X      0    0
OMNICOM GROUP INC COM                 Common         68191910   2,820,841.20    58,042          SOLE                   X      0    0
ORACLE CORP COM                       Common         68389X10  11,812,788.90   397,737          SOLE                   X      0    0
PARKER HANNIFIN CORP COM              Common         70109410   3,171,146.24    41,248          SOLE                   X      0    0
PARTNERRE LTD COM                     Common         G6852T10   3,319,794.24    43,872          SOLE                   X      0    0
PEPSICO INC COM                       Common         71344810  10,001,993.66   141,551          SOLE                   X      0    0
PETSMART INC COM                      Common         71676810   3,504,724.72    51,404          SOLE                   X      0    0
PFIZER INC COM                        Common         71708110  16,625,297.00   722,839          SOLE                   X      0    0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                                  FORM 13F INFORMATION TABLE

              COLUMN 1                   COLUMN 2    COLUMN 3    COLUMN 4         COLUMN 5       COLUMN 6  COLUMN 7     COLUMN 8
------------------------------------- -------------- --------- ------------- ------------------ ---------- -------- ----------------
                                                                              SHRS OR  SH/ PUT/ INVESTMENT  OTHER   VOTING AUTHORITY
           NAME OF ISSUER             TITLE OF CLASS   CUSIP       VALUE      PRN AMT  PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------- -------------- --------- ------------- --------- --- ---- ---------- -------- ---- ------ ----
<S>                                   <C>            <C>       <C>           <C>       <C> <C>  <C>        <C>      <C>  <C>    <C>
PG&E CORP COM                         Common         69331C10   4,396,033.89    97,107          SOLE                   X      0    0
PHILIP MORRIS INTL INC COM            Common         71817210  14,437,254.26   165,451          SOLE                   X      0    0
PHILLIPS 66 COM                       Common         71854610   1,910,601.96    57,479          SOLE                   X      0    0
PNC FINL SVCS GROUP INC COM           Common         69347510   5,560,032.24    90,984          SOLE                   X      0    0
PORTLAND GEN ELEC CO COM NEW          Common         73650884   2,393,294.86    89,771          SOLE                   X      0    0
PRAXAIR INC COM                       Common         74005P10   3,746,835.80    34,460          SOLE                   X      0    0
PRECISION CASTPARTS CORP COM          Common         74018910   4,052,375.64    24,636          SOLE                   X      0    0
PRICELINE COM INC COM NEW             Common         74150340   2,736,493.36     4,118          SOLE                   X      0    0
PROCTER & GAMBLE CO COM               Common         74271810  16,918,046.25   276,213          SOLE                   X      0    0
PRUDENTIAL FINL INC COM               Common         74432010   4,097,032.71    84,597          SOLE                   X      0    0
QUALCOMM INC COM                      Common         74752510   9,784,145.28   175,721          SOLE                   X      0    0
QUESTAR CORP COM                      Common         74835610   1,655,658.20    79,370          SOLE                   X      0    0
RED HAT INC COM                       Common         75657710   2,508,954.56    44,422          SOLE                   X      0    0
ROSS STORES INC COM                   Common         77829610   2,557,521.80    40,940          SOLE                   X      0    0
ROVI CORP COM                         Common         77937610     876,425.40    44,670          SOLE                   X      0    0
ROWAN COMPANIES PLC SHS CL A          Common         G7665A10   2,027,640.61    62,717          SOLE                   X      0    0
ROYAL CARIBBEAN CRUISES LTD COM       Common         V7780T10   2,220,228.85    85,295          SOLE                   X      0    0
SALESFORCE COM INC COM                Common         79466L30   2,736,303.66    19,791          SOLE                   X      0    0
SANDISK CORP COM                      Common         80004C10   1,835,381.76    50,312          SOLE                   X      0    0
SCHLUMBERGER LTD COM                  Common         80685710   8,334,314.18   128,398          SOLE                   X      0    0
SCRIPPS NETWORKS INTERACT INC CL A    Common         81106510   3,041,327.68    53,488          SOLE                   X      0    0
COM
SIGMA ALDRICH CORP COM                Common         82655210   3,621,387.12    48,984          SOLE                   X      0    0
SIMON PPTY GROUP INC NEW COM          Common         82880610   5,758,953.02    36,997          SOLE                   X      0    0
SKYWORKS SOLUTIONS INC COM            Common         83088M10   1,062,010.74    38,802          SOLE                   X      0    0
SOUTHERN CO COM                       Common         84258710   4,623,703.20    99,864          SOLE                   X      0    0
SOUTHERN COPPER CORP COM              Common         84265V10   1,150,115.00    36,500          SOLE                   X      0    0
SOUTHWEST AIRLS CO COM                Common         84474110   2,247,605.50   243,775          SOLE                   X      0    0
SOUTHWESTERN ENERGY CO COM            Common         84546710   3,291,855.28   103,096          SOLE                   X      0    0
SPECTRA ENERGY CORP COM               Common         84756010   2,570,676.66    88,461          SOLE                   X      0    0
STAPLES INC COM                       Common         85503010   1,951,144.65   149,513          SOLE                   X      0    0
STARBUCKS CORP COM                    Common         85524410   4,856,385.60    91,080          SOLE                   X      0    0
STARWOOD HOTELS&RESORTS WRLDWD COM    Common         85590A40   2,116,879.44    39,911          SOLE                   X      0    0
STATE STR CORP COM                    Common         85747710   4,157,412.48    93,132          SOLE                   X      0    0
STRYKER CORP COM                      Common         86366710   2,736,045.60    49,656          SOLE                   X      0    0
SUNTRUST BKS INC COM                  Common         86791410   2,860,787.64   118,068          SOLE                   X      0    0
SUSQUEHANNA BANCSHARES INC PA COM     Common         86909910   2,454,531.20   238,304          SOLE                   X      0    0
SVB FINL GROUP COM                    Common         78486Q10   1,511,981.28    25,749          SOLE                   X      0    0
SYMANTEC CORP COM                     Common         87150310   2,345,956.92   160,572          SOLE                   X      0    0
SYSCO CORP COM                        Common         87182910   2,605,364.19    87,399          SOLE                   X      0    0
TARGET CORP COM                       Common         87612E10   4,864,684.00    83,600          SOLE                   X      0    0
TEVA PHARMACEUTICAL INDS LTD ADR      Common         88162420   3,221,143.68    81,672          SOLE                   X      0    0
TEXAS INSTRS INC COM                  Common         88250810   3,234,797.50   112,750          SOLE                   X      0    0
TIDEWATER INC COM                     Common         88642310   1,354,175.60    29,210          SOLE                   X      0    0
TIFFANY & CO NEW COM                  Common         88654710   2,305,760.70    43,546          SOLE                   X      0    0
TIME WARNER CABLE INC COM             Common         88732J20   4,294,568.90    52,309          SOLE                   X      0    0
TIME WARNER INC COM NEW               Common         88731730   3,050,855.50    79,243          SOLE                   X      0    0
TRACTOR SUPPLY CO COM                 Common         89235610   1,819,346.24    21,904          SOLE                   X      0    0
TRAVELERS COMPANIES INC COM           Common         89417E10   4,376,870.40    68,560          SOLE                   X      0    0
TW TELECOM INC COM                    Common         87311L10   3,178,940.42   123,887          SOLE                   X      0    0
TYSON FOODS INC CL A                  Common         90249410   2,864,043.00   152,100          SOLE                   X      0    0
ULTRA PETROLEUM CORP COM              Common         90391410   1,593,560.25    69,075          SOLE                   X      0    0
UNION PAC CORP COM                    Common         90781810   7,600,643.55    63,705          SOLE                   X      0    0
UNITED PARCEL SERVICE INC CL B        Common         91131210   5,347,567.72    67,897          SOLE                   X      0    0
UNITED STATES STL CORP NEW COM        Common         91290910   1,271,741.00    61,735          SOLE                   X      0    0
UNITED TECHNOLOGIES CORP COM          Common         91301710   6,668,317.11    88,287          SOLE                   X      0    0
UNITEDHEALTH GROUP INC COM            Common         91324P10   8,757,391.50   149,699          SOLE                   X      0    0
US BANCORP DEL COM NEW                Common         90297330   6,465,510.72   201,042          SOLE                   X      0    0
VALERO ENERGY CORP NEW COM            Common         91913Y10   1,850,107.35    76,609          SOLE                   X      0    0
VARIAN MED SYS INC COM                Common         92220P10   3,000,883.37    49,381          SOLE                   X      0    0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                                  FORM 13F INFORMATION TABLE

              COLUMN 1                   COLUMN 2    COLUMN 3    COLUMN 4         COLUMN 5       COLUMN 6  COLUMN 7     COLUMN 8
------------------------------------- -------------- --------- ------------- ------------------ ---------- -------- ----------------
                                                                              SHRS OR  SH/ PUT/ INVESTMENT  OTHER   VOTING AUTHORITY
           NAME OF ISSUER             TITLE OF CLASS   CUSIP       VALUE      PRN AMT  PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
------------------------------------- -------------- --------- ------------- --------- --- ---- ---------- -------- ---- ------ ----
<S>                                   <C>            <C>       <C>           <C>       <C> <C>  <C>        <C>      <C>  <C>    <C>
VERIFONE SYS INC COM                  Common         92342Y10      86,034.00     2,600          SOLE                   X      0    0
VERIZON COMMUNICATIONS COM            Common         92343V10  12,685,797.96   285,459          SOLE                   X      0    0
VIACOM INC NEW CL B                   Common         92553P20   4,634,197.16    98,558          SOLE                   X      0    0
VISA INC COM CL A                     Common         92826C83   7,682,368.20    62,140          SOLE                   X      0    0
WAL MART STORES INC COM               Common         93114210  11,994,768.24   172,042          SOLE                   X      0    0
WALGREEN CO COM                       Common         93142210   1,930,745.76    65,272          SOLE                   X      0    0
WASTE MGMT INC DEL COM                Common         94106L10   2,392,475.40    71,631          SOLE                   X      0    0
WELLPOINT INC COM                     Common         94973V10   4,085,111.60    64,040          SOLE                   X      0    0
WELLS FARGO & CO NEW COM              Common         94974610  16,831,555.84   503,336          SOLE                   X      0    0
WHITING PETE CORP NEW COM             Common         96638710   2,092,432.32    50,886          SOLE                   X      0    0
WHOLE FOODS MKT INC COM               Common         96683710   3,082,648.80    32,340          SOLE                   X      0    0
WILLIAMS COS INC DEL COM              Common         96945710   4,056,213.26   140,743          SOLE                   X      0    0
WILLIAMS SONOMA INC COM               Common         96990410   1,752,661.43    50,119          SOLE                   X      0    0
XCEL ENERGY INC COM                   Common         98389B10   3,631,110.51   127,811          SOLE                   X      0    0
XILINX INC COM                        Common         98391910   2,627,859.60    78,280          SOLE                   X      0    0
YAHOO INC COM                         Common         98433210   2,916,835.80   184,260          SOLE                   X      0    0
</TABLE>


<PAGE>
</TEXT>
</DOCUMENT>