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form13f21213.txt
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 13F

                               FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: December 31, 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:

General Electric Company
3135 Easton Turnpike
Fairfield, CT 06828

13F File Number:  028-01502

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 form.


Person Signing this Report on Behalf of Reporting Manager:

Name:     Robert R. DeGennaro
Title:    Assistant Controller
Phone:    (203) 373-2535

Signature, Place, and Date of Signing:


Robert R. DeGennaro     Fairfield, CT  06828          February 12, 2013
-------------------     -------------  -----          -----------------
   (Signature)          (City, State)  (Zip)              (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).)




                              FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers: 1

Form 13F Information Table Entry Total: 234

Form 13F Information Table Value Total:  $19,271,699

                                         (thousands)

List of Other Included Managers:

No. Form 13F File Number  Name
--  --------------------  ----

001  028-05827             GE Asset Management






     FROM 13F INFORMATION TABLE
                                                                                           
COLUMN 1                         COLUMN 2          COLUMN 3   COLUMN 4   COLUMN 5           COLUMN 6  COLUMN 7      COLUMN 8
--------------                --------------      ---------   --------   --------- -------- ---------  --------  -------------------
                                TITLE OF                       VALUE     SHRS OR SH/ PUT/ INVESTMENT  OTHER    ---VOTING AUTHORITY
NAME OF ISSUER                  CLASS              CUSIP      (x$1000)   PRN AMT PRN CALL DISCRETION  MANAGERS  SOLE   SHARED  NONE
--------------                 --------------     ---------   -------   -------- --- ---- ----------  -------- -------- ------ -----
ALTERRA CAPITAL HOLDINGS LIM   COM                G0229R108     26618     944225  SH       DEFINED      01     944225
BUNGE LIMITED                  COM                G16962105       585       8052  SH       DEFINED      01     8052
CREDICORP LTD                  COM                G2519Y108     20003     136484  SH       DEFINED      01     136484
COVIDIEN PLC                   SHS                G2554F113    443046    7673129  SH       DEFINED      01     7673129
EATON CORP PLC                 SHS                G29183103     57853    1067798  SH       DEFINED      01     1067798
GENPACT LIMITED                SHS                G3922B107    168134   10847364  SH       SOLE                10847364
INVESCO LTD                    SHS                G491BT108    184436    7069207  SH       DEFINED      01     7069207
MICHAEL KORS HLDGS LTD         SHS                G60754101      1218      23867  SH       DEFINED      01     23867
NABORS INDUSTRIES LTD          SHS                G6359F103      1969     136253  SH       DEFINED      01     136253
ACE LTD                        SHS                H0023R105    172681    2163924  SH       DEFINED      01     2163924
LYONDELLBASELL INDUSTRIES N    SHS - A -          N53745100     45333     794068  SH       DEFINED      01     794068
NIELSEN HOLDINGS N V           COM                N63218106     65692    2147499  SH       DEFINED      01     2147499
ABB LTD                        SPONSORED ADR      000375204     32728    1574241  SH       DEFINED      01     1574241
AG MTG INVT TR INC             COM                001228105      5870     250000  SH       DEFINED      01     250000
AES CORP                       COM                00130H105     58342    5452496  SH       DEFINED      01     5452496
AMN HEALTHCARE SERVICES INC    COM                001744101      1044      90365  SH       SOLE                90365
AT&T INC                       COM                00206R102     41616    1234539  SH       DEFINED      01     1234539
ABBOTT LABS                    COM                002824100      2468      37681  SH       DEFINED      01     37681
AGILENT TECHNOLOGIES INC       COM                00846U101    100102    2445099  SH       DEFINED      01     2445099
ALEXION PHARMACEUTICALS INC    COM                015351109      4627      49362  SH       DEFINED      01     49362
ALLEGHANY CORP DEL             COM                017175100     10063      30000  SH       DEFINED      01     30000
ALLEGHENY TECHNOLOGIES INC     COM                01741R102     43634    1437210  SH       DEFINED      01     1437210
ALTERA CORP                    COM                021441100     29691     863358  SH       DEFINED      01     863358
ALTRIA GROUP INC               COM                02209S103     21754     691929  SH       DEFINED      01     691929
AMAZON COM INC                 COM                023135106    100733     401536  SH       DEFINED      01     401536
AMERICA MOVIL SAB DE CV        SPON ADR L SHS     02364W105     20107     868933  SH       DEFINED      01     868933
AMERICAN EXPRESS CO            COM                025816109    157152    2734028  SH       DEFINED      01     2734028
AMERICAN INTL GROUP INC        COM NEW            026874784    176987    5013795  SH       DEFINED      01     5013795
AMERICAN TOWER CORP NEW        COM                03027X100    210304    2721676  SH       DEFINED      01     2721676
AMERICAN WTR WKS CO INC NEW    COM                030420103      7164     192936  SH       DEFINED      01     192936
AMERIPRISE FINL INC            COM                03076C106    193925    3096359  SH       DEFINED      01     3096359
AMGEN INC                      COM                031162100    286452    3323109  SH       DEFINED      01     3323109
ANADARKO PETE CORP             COM                032511107    253041    3405206  SH       DEFINED      01     3405206
ANALOG DEVICES INC             COM                032654105     41193     979390  SH       DEFINED      01     979390
ANCESTRY COM INC               COM                032803108       412      12853  SH       SOLE                12853
APACHE CORP                    COM                037411105      4476      57025  SH       DEFINED      01     57025
APPLE INC                      COM                037833100    585642    1100473  SH       DEFINED      01     1100473
ARCHER DANIELS MIDLAND CO      COM                039483102     82355    3006739  SH       DEFINED      01     3006739
AUTOMATIC DATA PROCESSING IN   COM                053015103     12809     225000  SH       DEFINED      01     225000
AUTOZONE INC                   COM                053332102     56568     159603  SH       DEFINED      01     159603
BAIDU INC                      SPON ADR REP A     056752108    355946    3549170  SH       DEFINED      01     3549170
BANCO SANTANDER CHILE NEW      SP ADR REP COM     05965X109     12441     436663  SH       DEFINED      01     436663
BG MEDICINE INC                COM                08861T107        32      14015  SH       SOLE                14015
BG MEDICINE INC                COM                08861T107      3385    1465276  SH       DEFINED      01     1465276
BOEING CO                      COM                097023105      8639     114638  SH       DEFINED      01     114638
BOSTON PROPERTIES INC          COM                101121101      2611      24681  SH       DEFINED      01     24681
BOSTON SCIENTIFIC CORP         COM                101137107       909     158717  SH       DEFINED      01     158717
BRISTOL MYERS SQUIBB CO        COM                110122108     60032    1842052  SH       DEFINED      01     1842052
CBS CORP NEW                   CL B               124857202     30410     799204  SH       DEFINED      01     799204
CME GROUP INC                  COM                12572Q105    307525    6069180  SH       DEFINED      01     6069180
CSX CORP                       COM                126408103     63250    3205776  SH       DEFINED      01     3205776
CVS CAREMARK CORPORATION       COM                126650100     54443    1126028  SH       DEFINED      01     1126028
CALPINE CORP                   COM NEW            131347304     58142    3206951  SH       DEFINED      01     3206951
CAMERON INTERNATIONAL CORP     COM                13342B105       339       6000  SH       DEFINED      01     6000
CARDINAL HEALTH INC            COM                14149Y108     95701    2323957  SH       DEFINED      01     2323957
CHEVRON CORP NEW               COM                166764100    322146    2978971  SH       DEFINED      01     2978971
CISCO SYS INC                  COM                17275R102    337492   17176036  SH       DEFINED      01     17176036
CITIGROUP INC                  COM NEW            172967424    183537    4639456  SH       DEFINED      01     4639456
CLOROX CO DEL                  COM                189054109     17986     245640  SH       DEFINED      01     245640
COCA COLA CO                   COM                191216100       219       6049  SH       DEFINED      01     6049
COCA COLA ENTERPRISES INC NE   COM                19122T109    107099    3375313  SH       DEFINED      01     3375313
COGNIZANT TECHNOLOGY SOLUTIO   CL A               192446102      3920      53060  SH       DEFINED      01     53060
COMCAST CORP NEW               CL A               20030N101    179729    4810725  SH       DEFINED      01     4810725
COMCAST CORP NEW               CL A SPL           20030N200    141355    3935278  SH       DEFINED      01     3935278
COSTCO WHSL CORP NEW           COM                22160K105      2097      21236  SH       DEFINED      01     21236
CUMMINS INC                    COM                231021106     70680     652332  SH       DEFINED      01     652332
CUMULUS MEDIA INC              CL A               231082108       711     266109  SH       SOLE                266109
D R HORTON INC                 COM                23331A109      1174      59366  SH       DEFINED      01     59366
DARDEN RESTAURANTS INC         COM                237194105      9558     212061  SH       DEFINED      01     212061
DEERE & CO                     COM                244199105    105524    1221057  SH       DEFINED      01     1221057
DENTSPLY INTL INC NEW          COM                249030107     45849    1157522  SH       DEFINED      01     1157522
DEVON ENERGY CORP NEW          COM                25179M103      2954      56760  SH       DEFINED      01     56760
DIAGEO P L C                   SPON ADR NEW       25243Q205     11537      98958  SH       DEFINED      01     98958
DICKS SPORTING GOODS INC       COM                253393102    134564    2958107  SH       DEFINED      01     2958107
DISNEY WALT CO                 COM DISNEY         254687106     17147     344381  SH       DEFINED      01     344381
DISCOVER FINL SVCS             COM                254709108      2782      72159  SH       DEFINED      01     72159
DISCOVERY COMMUNICATNS NEW     COM SER A          25470F104      3959      62370  SH       DEFINED      01     62370
DISCOVERY COMMUNICATNS NEW     COM SER C          25470F302    158514    2709645  SH       DEFINED      01     2709645
DIRECTV                        COM                25490A309     82188    1638508  SH       DEFINED      01     1638508
DOLLAR GEN CORP NEW            COM                256677105     25035     567805  SH       DEFINED      01     567805
DOMINION RES INC VA NEW        COM                25746U109     14900     287651  SH       DEFINED      01     287651
DORAL FINL CORP                COM NEW            25811P886      1385    1913545  SH       DEFINED      01     1913545
DOUGLAS EMMETT INC             COM                25960P109      2016      86506  SH       SOLE                86506
DOVER CORP                     COM                260003108    281857    4289401  SH       DEFINED      01     4289401
DU PONT E I DE NEMOURS & CO    COM                263534109     13471     299490  SH       DEFINED      01     299490
EASTMAN CHEM CO                COM                277432100      1981      29107  SH       DEFINED      01     29107
EASTMAN CHEM CO                COM                277432100         1         13  SH       SOLE                13
EBAY INC                       COM                278642103    292835    5742082  SH       DEFINED      01     5742082
ECOLAB INC                     COM                278865100      2235      31087  SH       DEFINED      01     31087
EDUCATION MGMT CORP NEW        COM                28140M103      7838    1789480  SH       DEFINED      01     1789480
EQUINIX INC                    COM NEW            29444U502      1237       6000  SH       DEFINED      01     6000
EQUITY RESIDENTIAL             SH BEN INT         29476L107      2190      38652  SH       DEFINED      01     38652
ESSEX RENT CORP                COM                297187106       121      35441  SH       SOLE                35441
EXPRESS SCRIPTS HLDG CO        COM                30219G108    354544    6565630  SH       DEFINED      01     6565630
EXXON MOBIL CORP               COM                30231G102     59375     686020  SH       DEFINED      01     686020
FMC TECHNOLOGIES INC           COM                30249U101      3905      91169  SH       DEFINED      01     91169
F5 NETWORKS INC                COM                315616102       734       7558  SH       DEFINED      01     7558
FIRSTENERGY CORP               COM                337932107     20551     492116  SH       DEFINED      01     492116
FLUIDIGM CORP DEL              COM                34385P108      2215     154814  SH       SOLE                154814
FORD MTR CO DEL                COM PAR $0.01      345370860     56144    4335451  SH       DEFINED      01     4335451
FRANKLIN RES INC               COM                354613101      5512      43849  SH       DEFINED      01     43849
FREEPORT-MCMORAN COPPER & GO   COM                35671D857      2709      79202  SH       DEFINED      01     79202
GENERAL ELECTRIC CO            COM                369604103   1968360   93776061  SH       DEFINED      01     0         0  93776061
GENUINE PARTS CO               COM                372460105      9049     142325  SH       DEFINED      01     142325
GILEAD SCIENCES INC            COM                375558103    221952    3021808  SH       DEFINED      01     3021808
GOLDMAN SACHS GROUP INC        COM                38141G104    209730    1644170  SH       DEFINED      01     1644170
GOOGLE INC                     CL A               38259P508    258426     365329  SH       DEFINED      01     365329
GRUPO FINANCIERO SANTANDER M   SPON ADR SHS B     40053C105     11000     679842  SH       DEFINED      01     679842
HCA HOLDINGS INC               COM                40412C101     11037     365834  SH       DEFINED      01     365834
HCP INC                        COM                40414L109     12151     269075  SH       DEFINED      01     269075
HALLIBURTON CO                 COM                406216101     63641    1834571  SH       DEFINED      01     1834571
HARTFORD FINL SVCS GROUP INC   COM                416515104      1770      78886  SH       DEFINED      01     78886
HEINZ H J CO                   COM                423074103      7521     130390  SH       DEFINED      01     130390
HESS CORP                      COM                42809H107     51660     975445  SH       DEFINED      01     975445
HEXCEL CORP NEW                COM                428291108       414      15349  SH       DEFINED      01     15349
HOME DEPOT INC                 COM                437076102     19326     312459  SH       DEFINED      01     312459
HONEYWELL INTL INC             COM                438516106    268178    4225276  SH       DEFINED      01     4225276
ICICI BK LTD                   ADR                45104G104      8786     201470  SH       DEFINED      01     201470
IMPERVA INC                    COM                45321L100       548      17392  SH       DEFINED      01     17392
INFORMATICA CORP               COM                45666Q102      1160      38266  SH       DEFINED      01     38266
ING GROEP N V                  SPONSORED ADR      456837103      7430     782951  SH       DEFINED      01     782951
INTEL CORP                     COM                458140100     15538     753535  SH       DEFINED      01     753535
INTERMUNE INC                  COM                45884X103      1755     181087  SH       DEFINED      01     181087
INTERNATIONAL BUSINESS MACHS   COM                459200101     99663     520297  SH       DEFINED      01     520297
INTUIT                         COM                461202103     91238    1534049  SH       DEFINED      01     1534049
INTREPID POTASH INC            COM                46121Y102      1757      82512  SH       DEFINED      01     82512
ISHARES INC                    MSCI EMU INDEX     464286608      1294      38672  SH       DEFINED      01     38672
ISHARES TR                     MSCI EMERG MKT     464287234      1402      31623  SH       DEFINED      01     31623
ISHARES TR                     MSCI EAFE INDEX    464287465      8386     147479  SH       DEFINED      01     147479
ITC HLDGS CORP                 COM                465685105       350       4549  SH       DEFINED      01     4549
JPMORGAN CHASE & CO            COM                46625H100    182450    4149509  SH       DEFINED      01     4149509
JOHNSON & JOHNSON              COM                478160104    349927    4991823  SH       DEFINED      01     4991823
KIMBERLY CLARK CORP            COM                494368103     15549     184167  SH       DEFINED      01     184167
KRAFT FOODS GROUP INC          COM                50076Q106     30166     663425  SH       DEFINED      01     663425
LAS VEGAS SANDS CORP           COM                517834107     75365    1632683  SH       DEFINED      01     1632683
LAUDER ESTEE COS INC           CL A               518439104      1265      21138  SH       DEFINED      01     21138
LENNAR CORP                    CL A               526057104       583      15080  SH       DEFINED      01     15080
LIBERTY GLOBAL INC             COM SER C          530555309    253026    4306833  SH       DEFINED      01     4306833
LOWES COS INC                  COM                548661107    350419    9865393  SH       DEFINED      01     9865393
M D C HLDGS INC                COM                552676108     35213     957916  SH       DEFINED      01     957916
MACYS INC                      COM                55616P104        23        595  SH       SOLE                595
MACYS INC                      COM                55616P104     36108     925377  SH       DEFINED      01     925377
MARATHON OIL CORP              COM                565849106     90290    2944867  SH       DEFINED      01     2944867
MCDONALDS CORP                 COM                580135101     14312     162244  SH       DEFINED      01     162244
MEDTRONIC INC                  COM                585055106    100365    2446722  SH       DEFINED      01     2446722
MERCK & CO INC NEW             COM                58933Y105     20275     495243  SH       DEFINED      01     495243
MERRIMACK PHARMACEUTICALS IN   COM                590328100       228      37374  SH       SOLE                37374
METLIFE INC                    COM                59156R108      3207      97356  SH       DEFINED      01     97356
MICROSOFT CORP                 COM                594918104    367348   13753219  SH       DEFINED      01     13753219
MICROCHIP TECHNOLOGY INC       COM                595017104      5002     153472  SH       DEFINED      01     153472
MOBILE TELESYSTEMS OJSC        SPONSORED ADR      607409109     13019     698085  SH       DEFINED      01     698085
MOLEX INC                      CL A               608554200     10490     470000  SH       DEFINED      01     470000
MONDELEZ INTL INC              CL A               609207105    126148    4956121  SH       DEFINED      01     4956121
MONSANTO CO NEW                COM                61166W101    266661    2817337  SH       DEFINED      01     2817337
NEWCASTLE INVT CORP            COM                65105M108      6510     750000  SH       DEFINED      01     750000
NEXTERA ENERGY INC             COM                65339F101     41449     599054  SH       DEFINED      01     599054
NORTH AMERN ENERGY PARTNERS    COM                656844107       591     173688  SH       SOLE                173688
NOVARTIS A G                   SPONSORED ADR      66987V109     66818    1055583  SH       DEFINED      01     1055583
OCCIDENTAL PETE CORP DEL       COM                674599105    183521    2395526  SH       DEFINED      01     2395526
OMNICOM GROUP INC              COM                681919106     92396    1849409  SH       DEFINED      01     1849409
ORACLE CORP                    COM                68389X105    261821    7857778  SH       DEFINED      01     7857778
PPG INDS INC                   COM                693506107     50337     371901  SH       DEFINED      01     371901
PANDORA MEDIA INC              COM                698354107       289      31428  SH       SOLE                31428
PAYCHEX INC                    COM                704326107    203164    6532589  SH       DEFINED      01     6532589
PEPSICO INC                    COM                713448108    428293    6258849  SH       DEFINED      01     6258849
PERKINELMER INC                COM                714046109     51899    1635139  SH       DEFINED      01     1635139
PETROLEO BRASILEIRO SA PETRO   SP ADR NON VTG     71654V101     56888    2946056  SH       DEFINED      01     2946056
PFIZER INC                     COM                717081103    272635   10871052  SH       DEFINED      01     10871052
PHILIP MORRIS INTL INC         COM                718172109     20461     244630  SH       DEFINED      01     244630
POTASH CORP SASK INC           COM                73755L107     36541     898038  SH       DEFINED      01     898038
PRAXAIR INC                    COM                74005P104     88787     811215  SH       DEFINED      01     811215
PRECISION CASTPARTS CORP       COM                740189105      2392      12629  SH       DEFINED      01     12629
PRICE T ROWE GROUP INC         COM                74144T108      2517      38656  SH       DEFINED      01     38656
PRICELINE COM INC              COM NEW            741503403      1937       3123  SH       DEFINED      01     3123
PRUDENTIAL FINL INC            COM                744320102     67127    1258704  SH       DEFINED      01     1258704
PUBLIC STORAGE                 COM                74460D109      6179      42623  SH       DEFINED      01     42623
QUALCOMM INC                   COM                747525103    526033    8503603  SH       DEFINED      01     8503603
RLJ LODGING TR                 COM                74965L101     96703    4992424  SH       DEFINED      01     4992424
RLJ LODGING TR                 COM                74965L101     54506    2813916  SH       SOLE                2813916
RADNET INC                     COM                750491102       527     208333  SH       SOLE                208333
RANGE RES CORP                 COM                75281A109       817      13000  SH       DEFINED      01     13000
RAYONIER INC                   COM                754907103      8182     157857  SH       DEFINED      01     157857
REGENCY ENERGY PARTNERS L P    COM UNITS L P      75885Y107     49273    2272727  SH       SOLE                2272727
REGIONS FINL CORP NEW          COM                7591EP100    135515   19006375  SH       DEFINED      01     19006375
RESMED INC                     COM                761152107       830      19963  SH       DEFINED      01     19963
ROCKWELL AUTOMATION INC        COM                773903109      2609      31062  SH       DEFINED      01     31062
ROYAL DUTCH SHELL PLC          SPONS ADR A        780259206     17074     247629  SH       DEFINED      01     247629
SPDR S&P 500 ETF TR            TR UNIT            78462F103     15211     106812  SH       DEFINED      01     106812
SPDR S&P MIDCAP 400 ETF TR     UTSER1 S&PDCRP     78467Y107     61082     328908  SH       DEFINED      01     328908
SALESFORCE COM INC             COM                79466L302      1172       6972  SH       DEFINED      01     6972
SCHLUMBERGER LTD               COM                806857108    430962    6218881  SH       DEFINED      01     6218881
SELECT SECTOR SPDR TR          SBI INT-FINL       81369Y605      6848     417840  SH       DEFINED      01     417840
SELECT SECTOR SPDR TR          SBI INT-INDS       81369Y704     25753     679494  SH       DEFINED      01     679494
SELECT SECTOR SPDR TR          SBI INT-UTILS      81369Y886     13271     380021  SH       DEFINED      01     380021
SIMON PPTY GROUP INC NEW       COM                828806109     15449      97724  SH       DEFINED      01     97724
SIRIUS XM RADIO INC            COM                82967N108      8728    3020000  SH       DEFINED      01     3020000
SOCIEDAD QUIMICA MINERA DE C   SPON ADR SER B     833635105     45313     786136  SH       DEFINED      01     786136
SOUTHERN CO                    COM                842587107     14828     346369  SH       DEFINED      01     346369
SPRINT NEXTEL CORP             COM SER 1          852061100      2838     500569  SH       DEFINED      01     500569
STATE STR CORP                 COM                857477103    193118    4108017  SH       DEFINED      01     4108017
STERICYCLE INC                 COM                858912108      4198      45000  SH       DEFINED      01     45000
STRYKER CORP                   COM                863667101      7602     138676  SH       DEFINED      01     138676
SUNCOR ENERGY INC NEW          COM                867224107     23975     726969  SH       DEFINED      01     726969
SUPERMEDIA INC                 COM                868447103      1571     459495  SH       SOLE                459495
SUSSER HLDGS CORP              COM                869233106       489      14190  SH       SOLE                14190
TAIWAN SEMICONDUCTOR MFG LTD   SPONSORED ADR      874039100     98125    5718218  SH       DEFINED      01     5718218
TARGET CORP                    COM                87612E106     87262    1474772  SH       DEFINED      01     1474772
TERADATA CORP DEL              COM                88076W103      1804      29153  SH       DEFINED      01     29153
TEVA PHARMACEUTICAL INDS LTD   ADR                881624209       541      14500  SH       DEFINED      01     14500
TEXAS INSTRS INC               COM                882508104     78260    2533505  SH       DEFINED      01     2533505
THERMO FISHER SCIENTIFIC INC   COM                883556102     36000     564442  SH       DEFINED      01     564442
TIME WARNER INC                COM NEW            887317303    217025    4537415  SH       DEFINED      01     4537415
TIMKEN CO                      COM                887389104      1843      38530  SH       DEFINED      01     38530
TRAVELERS COMPANIES INC        COM                89417E109     11392     158616  SH       DEFINED      01     158616
US BANCORP DEL                 COM NEW            902973304     39339    1231647  SH       DEFINED      01     1231647
UNION PAC CORP                 COM                907818108     20915     166362  SH       DEFINED      01     166362
UNITED PARCEL SERVICE INC      CL B               911312106    337262    4574278  SH       DEFINED      01     4574278
UNITED TECHNOLOGIES CORP       COM                913017109     23354     284775  SH       DEFINED      01     284775
UNITEDHEALTH GROUP INC         COM                91324P102      3537      65205  SH       DEFINED      01     65205
VALE S A                       ADR REPSTG PFD     91912E204       494      24327  SH       DEFINED      01     24327
VANGUARD BD INDEX FD INC       SHORT TRM BOND     921937827       324       4000  SH       DEFINED      01     4000
VANGUARD INTL EQUITY INDEX F   MSCI EMR MKT ETF   922042858    138652    3113687  SH       DEFINED      01     3113687
VANGUARD INTL EQUITY INDEX F   MSCI EUROPE ETF    922042874      1837      37609  SH       DEFINED      01     37609
VANGUARD INDEX FDS             REIT ETF           922908553      9985     151742  SH       DEFINED      01     151742
VERIZON COMMUNICATIONS INC     COM                92343V104     52035    1202556  SH       DEFINED      01     1202556
VIRTUALSCOPICS INC             COM                928269109       707    1218467  SH       SOLE                1218467
VISA INC                       COM CL A           92826C839    337126    2224079  SH       DEFINED      01     2224079
VULCAN MATLS CO                COM                929160109       491       9436  SH       DEFINED      01     9436
WAL-MART STORES INC            COM                931142103      2994      43877  SH       DEFINED      01     43877
WATSON PHARMACEUTICALS INC     COM                942683103      4230      49190  SH       DEFINED      01     49190
WELLS FARGO & CO NEW           COM                949746101    272282    7966135  SH       DEFINED      01     7966135
WESTERN UN CO                  COM                959802109    191280   14054359  SH       DEFINED      01     14054359
WILLIAMS COS INC DEL           COM                969457100      4322     132004  SH       DEFINED      01     132004
WISDOMTREE TRUST               INDIA ERNGS FD     97717W422     12148     627153  SH       DEFINED      01     627153