Fund Facts  

Inception Date: Apr 1, 1994
Ticker Symbol: VPEIX
Registration Date: Mar 1, 1999
Morningstar Category:Large Value
As of Jun 30, 2016
Fund Net Assets ($millions) $1,888

Documents for Fund or Underlying Fund(s)  

Description

Objective  

To offer long-term capital growth with consistency derived from dividend yield.

Principal Investment Strategies  

The Fund invests, under normal circumstances, at least 80% of its net assets in equity securities (common and preferred stock). The Fund seeks to invest primarily in the common stocks of U.S. companies that the Fund’s subadvisers believe will pay dividends. As a result of the Fund’s income focus, certain sectors or industries may be emphasized. The Fund may exhibit greater sensitivity to certain economic factors (e.g., changing interest rates) than will the general stock market. One or more of the Fund’s subadvisers employing an actively managed strategy seeks to select equity securities it believes offer the opportunity for capital growth combined with dividend return. The Fund may invest across companies of all sizes but generally focuses on larger capitalization companies, which the subadvisers that pursue active management believe have stable long-term earnings and dividend-paying records. In addition, a portion of the Fund invests in (or obtains exposure to) stocks included in a custom version of the Russell 1000® Value Index, following an indexed or passively managed approach to investing.

The Fund also may invest in:

• foreign equity securities;
• U.S. and foreign convertible securities; and
• U.S. preferred stock.

The term “equity securities” refers to both common and preferred stock.

The Fund’s subadvisers that pursue active management may invest in a company’s preferred stock or convertible security for various reasons, including when they believe the security type offers a higher risk-adjusted return opportunity than the company’s common stock. Preferred stocks tend to have lower credit ratings than bonds issued by the same entity. In addition, convertible bonds frequently have credit ratings that are below investment grade or are unrated. Securities rated below investment grade are considered high yield or high risk securities.

In the indexed or passively managed portion of the Fund, the subadviser seeks to approximate the investment characteristics and performance of a custom version of the Russell 1000 Value Index by investing in (or obtaining investment exposure to) stocks in the custom index. The Russell 1000 Value Index measures the performance of the large-cap value segment of the U.S. equity universe and includes those Russell 1000 Index companies with lower price-to-book ratios and lower forecasted growth values. The custom version of the index is comprised of all of the stocks in the Russell 1000 Value Index but unlike the Russell 1000 Value Index, it is an equally-weighted index, meaning that each stock included in the custom index is represented equally instead of based on each company’s capitalization, using weighting and rebalancing rules determined by the Fund’s investment adviser. This portion of the Fund is rebalanced periodically (but not necessarily at the same time changes are made to the custom index).

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. The Fund’s principal investment risks include Stock Market Risk, Preferred Stock Risk, Style Risk, Equity Income/Interest Rate Risk, Small-Cap Securities Risk, Mid-Cap Securities Risk, Indexing Risk, Foreign Securities Risk, Foreign Currency Risk, Convertible Securities Risk, Multi-Manager Risk.
Please see the Risk Glossary for additional information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Jun 30, 2016
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
Vantagepoint Equity Income   2.12%5.60%-1.32%6.84%7.94%5.61%N/A
Russell 1000 Value Indexa,b4.58%6.30%2.86%9.87%11.35%6.13%N/A
Morningstar Large Valuea,c2.68%4.01%-0.09%7.97%9.37%5.52%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.

Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Annual Fund Operating Expenses
Total Expenses   0.77%

 

a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2016 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

b. The Russell 1000® Value Index measures the performance of the large-cap value segment of the U.S. equity universe. It includes those Russell 1000® Index companies with lower price-to-book ratios and lower expected growth values.

c. The Fund’s Morningstar Category Average is a group of funds with similar investment objectives and strategies and is the equal-weighted return of all funds per category. Morningstar places funds in certain categories based on a fund’s historical portfolio holdings.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Jul 29, 2016Jul 29, 2016$0.054310000
Dec 18, 2015Dec 18, 2015$0.950487000
Dec 19, 2014Dec 19, 2014$2.058712000
Dec 20, 2013Dec 20, 2013$0.701315000
Dec 14, 2012Dec 14, 2012$0.441404000
Dec 16, 2011Dec 16, 2011$0.363515000
 

Morningstar Information

Morningstar Rating   As of Jun 30, 2016
Period Stars Category Size
Overall 3 Stars1169
3-Year 2 Stars1169
5-Year 2 Stars1030
10-Year 3 Stars756

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, fee waivers, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. For funds with loads, the Morningstar rating on a load-waived basis is provided, when available. Load-waived ratings do not include any front- or back-end sales loads and are intended for investors that have access to such purchase terms. Funds with loads are waived for plans administered by ICMA-RC. Past performance is no guarantee of future results.

Morningstar Stylebox As of Jun 30, 2016
Equity Stylebox
Large Value
Allocation of Assets As of May 31, 2016
Type of Asset Percent
Equity96%
Fixed Income0%
Cash/Other4%

Due to rounding, percentages shown may not add up to 100%.

 
 

Characteristics

Allocation of Assets As of May 31, 2016
Asset ClassPercent
Domestic Stock85.7%
Foreign Stock10.4%
Domestic Bond0.0%
Foreign Bond0.0%
Preferred0.0%
Convertible0.0%
Cash4.0%
Other0.0%

Due to rounding, percentages shown may not add up to 100%.

 
Equity Sector As of May 31, 2016
SectorPercent
Industrials18.2%
Financial Services16.9%
Consumer Cyclical11.1%
Technology10.6%
Energy10.3%
Healthcare8.3%
Basic Materials5.5%
Communication Services4.9%
Utilities4.4%
Consumer Defensive4.1%
Real Estate1.7%

Exposure reflects equity securities only and will sum to the equity exposure of the fund.

 
Top Ten Holdings As of Aug 31, 2016
Holding NamePercent
FIDELITY INSTITUTIONAL MONEY MARKET3.9%
UNITED TECHNOLOGIES CORP2.4%
EI DU PONT DE NEMOURS & CO2.3%
JPMORGAN CHASE & CO2.1%
FEDEX CORP2.1%
LEVEL 3 COMMUNICATIONS INC1.9%
CNH INDUSTRIAL NV1.8%
WYNN RESORTS LTD1.7%
CK HUTCHISON HOLDINGS LTD1.6%
ALPHABET INC1.6%
All Holdings As of Aug 31, 2016
Equity
Holding NameMarket Value
UNITED TECHNOLOGIES CORP$46,420,509
EI DU PONT DE NEMOURS & CO$43,558,882
JPMORGAN CHASE & CO$39,668,400
FEDEX CORP$39,378,687
LEVEL 3 COMMUNICATIONS INC$36,553,388
CNH INDUSTRIAL NV$33,531,456
WYNN RESORTS LTD$31,447,428
CK HUTCHISON HOLDINGS LTD$30,882,365
ALPHABET INC$30,297,708
SCRIPPS NETWORKS INTERACTIVE INC$28,250,346
WELLS FARGO & CO$26,996,136
CONSOL ENERGY INC$24,477,715
EXXON MOBIL CORP$24,412,707
CISCO SYSTEMS INC$24,061,975
GENERAL ELECTRIC CO$23,739,182
MICROSOFT CORP$21,989,367
LAFARGEHOLCIM LTD$21,750,513
MERCK & CO INC$21,305,275
VIASAT INC$21,138,768
CITIGROUP INC$19,460,018
VERIZON COMMUNICATIONS INC$18,538,373
CHEVRON CORP$18,402,921
RALPH LAUREN CORP$17,526,080
PFIZER INC$16,766,501
GRAHAM HOLDINGS CO$16,229,114
QUALCOMM INC$16,038,070
CHESAPEAKE ENERGY CORP$15,930,372
PNC FINANCIAL SERVICES GROUP INC/THE$15,640,009
METLIFE INC$15,006,418
MARSH & MCLENNAN COS INC$14,105,927
COMCAST CORP$13,514,693
UNION PACIFIC CORP$12,113,204
FRANKLIN RESOURCES INC$12,057,775
INTEL CORP$11,797,581
AMERIPRISE FINANCIAL INC$11,778,852
BRISTOL-MYERS SQUIBB CO$11,689,195
JOHNSON & JOHNSON$11,625,506
MEDTRONIC PLC$11,582,388
BOEING CO/THE$11,300,985
INTERNATIONAL PAPER CO$11,201,432
EDISON INTERNATIONAL$11,026,897
MORGAN STANLEY$10,967,726
CANADIAN NATURAL RESOURCES LTD$10,634,625
LOEWS CORP$10,121,748
ROYAL DUTCH SHELL PLC$9,896,431
CHUBB LTD$9,696,437
OCCIDENTAL PETROLEUM CORP$9,022,959
TYCO INTERNATIONAL PLC$9,008,126
STATE STREET CORP$8,920,480
EATON CORP PLC$8,867,786
TOTAL SA$8,843,300
HARRIS CORP$8,804,462
APPLIED MATERIALS INC$8,543,789
AMERICAN EXPRESS CO$8,538,516
PG&E CORP$8,439,944
ANALOG DEVICES INC$8,236,024
NORTHERN TRUST CORP$8,146,086
EOG RESOURCES INC$8,055,245
ARCHER-DANIELS-MIDLAND CO$7,977,448
UNITEDHEALTH GROUP INC$7,920,151
BLACKROCK INC$7,879,339
NISOURCE INC$7,604,302
PEPSICO INC$7,536,550
TWENTY-FIRST CENTURY FOX INC$7,420,210
ANTHEM INC$7,383,472
ILLINOIS TOOL WORKS INC$7,368,700
INGERSOLL-RAND PLC$7,320,483
TEXAS INSTRUMENTS INC$7,239,114
PIONEER NATURAL RESOURCES CO$7,231,830
HALLIBURTON CO$7,230,841
ALLERGAN PLC$7,176,924
AES CORP/VA$7,146,647
DOW CHEMICAL CO/THE$7,119,369
MAXIM INTEGRATED PRODUCTS INC$7,100,550
INVESCO LTD$7,098,844
PHILIP MORRIS INTERNATIONAL INC$7,091,033
MATTEL INC$6,973,865
EVERSOURCE ENERGY$6,832,062
BANK OF AMERICA CORP$6,719,340
PULTEGROUP INC$6,615,725
MARATHON OIL CORP$6,573,052
EMERSON ELECTRIC CO$6,448,032
LAS VEGAS SANDS CORP$6,426,880
ROCHE HOLDING AG$6,354,174
M&T BANK CORP$6,303,912
3M CO$6,283,258
FORTUNE BRANDS HOME & SECURITY INC$6,224,431
CVS HEALTH CORP$6,129,842
ASTRAZENECA PLC$6,125,627
NIELSEN HOLDINGS PLC$6,123,737
HESS CORP$6,122,054
FIRSTENERGY CORP$6,113,964
INGREDION INC$6,100,198
ENTERGY CORP$6,065,192
WAL-MART STORES INC$6,058,112
WEYERHAEUSER CO$5,999,457
CBS CORP$5,906,723
AMERICAN INTERNATIONAL GROUP INC$5,866,332
DEERE & CO$5,852,128
HILTON WORLDWIDE HOLDINGS INC$5,804,945
NEWS CORP$5,792,720
KRAFT HEINZ CO/THE$5,786,423
BRITISH AMERICAN TOBACCO PLC$5,742,603
BANK OF NEW YORK MELLON CORP/THE$5,733,792
KOHL'S CORP$5,727,461
INTERCONTINENTAL EXCHANGE INC$5,726,416
AMGEN INC$5,662,998
GOLDMAN SACHS GROUP INC/THE$5,632,850
PVH CORP$5,478,518
UNITED PARCEL SERVICE INC$5,471,922
APACHE CORP$5,404,627
EXELON CORP$5,332,900
XCEL ENERGY INC$5,323,032
VULCAN MATERIALS CO$5,306,342
THOMSON REUTERS CORP$5,195,378
COGNIZANT TECHNOLOGY SOLUTIONS CORP$5,164,430
LOWE'S COS INC$5,091,623
WESTERN DIGITAL CORP$5,063,835
BECTON DICKINSON AND CO$4,908,717
HOME DEPOT INC/THE$4,702,247
CATERPILLAR INC$4,640,009
LIBERTY INTERACTIVE CORP QVC GROUP$4,614,792
PENTAIR PLC$4,611,600
NOKIA OYJ$4,609,143
FIFTH THIRD BANCORP$4,604,544
CARNIVAL CORP$4,521,880
NORWEGIAN CRUISE LINE HOLDINGS LTD$4,499,888
RAYONIER INC$4,439,075
NUCOR CORP$4,375,602
PRINCIPAL FINANCIAL GROUP INC$4,350,792
NEXTERA ENERGY INC$4,219,597
CUMMINS INC$4,157,691
CF INDUSTRIES HOLDINGS INC$4,066,400
JOHNSON CONTROLS INC$4,015,020
KELLOGG CO$3,857,293
MACY'S INC$3,856,788
DIAGEO PLC$3,842,206
ANADARKO PETROLEUM CORP$3,752,525
GLAXOSMITHKLINE PLC$3,680,989
SIGNET JEWELERS LTD$3,664,506
FLOWSERVE CORP$3,562,789
AGRIUM INC$3,526,776
BAXTER INTERNATIONAL INC$3,471,712
CENTURYLINK INC$3,368,248
UNUM GROUP$3,359,269
SOUTHWESTERN ENERGY CO$3,334,366
TRIUMPH GROUP INC$3,249,083
DOMINION RESOURCES INC/VA$3,240,792
WALT DISNEY CO/THE$3,221,086
GENERAL MOTORS CO$3,207,066
GILEAD SCIENCES INC$3,150,876
NEXTERA ENERGY INC$3,050,323
KEYCORP$2,847,101
APPLE INC$2,610,060
ROYAL BANK OF SCOTLAND GROUP PLC$2,538,042
EQUITY RESIDENTIAL$2,387,216
US BANCORP$2,344,365
TE CONNECTIVITY LTD$2,320,305
TELEFONICA SA$2,222,604
EQT CORP$2,173,958
XL GROUP LTD$2,147,419
WILLIS TOWERS WATSON PLC$2,127,640
CANADIAN PACIFIC RAILWAY LTD$2,112,918
VODAFONE GROUP PLC$2,089,728
SOUTHWEST AIRLINES CO$1,762,864
CA INC$1,509,165
WESTROCK CO$1,490,648
AVON PRODUCTS INC$1,420,440
TIME WARNER INC$1,131,692
STAPLES INC$995,528
TARGA RESOURCES CORP$954,402
NORFOLK SOUTHERN CORP$771,389
MACERICH CO/THE$687,876
SPRINT CORP$591,890
MCCORMICK & CO INC/MD$581,172
NETAPP INC$562,779
COPA HOLDINGS SA$559,085
DICK'S SPORTING GOODS INC$551,719
ENDO INTERNATIONAL PLC$548,550
YELP INC$542,568
URBAN OUTFITTERS INC$537,750
SM ENERGY CO$534,108
ONEMAIN HOLDINGS INC$533,372
POPULAR INC$533,044
PENSKE AUTOMOTIVE GROUP INC$532,275
AMERICAN AIRLINES GROUP INC$522,720
MALLINCKRODT PLC$518,798
TRINITY INDUSTRIES INC$517,826
WPX ENERGY INC$515,220
LINEAR TECHNOLOGY CORP$512,512
WILLIAMS COS INC/THE$511,302
NU SKIN ENTERPRISES INC$509,344
QIAGEN NV$505,678
ARRIS INTERNATIONAL PLC$505,260
ALNYLAM PHARMACEUTICALS INC$503,619
LPL FINANCIAL HOLDINGS INC$502,437
MARVELL TECHNOLOGY GROUP LTD$501,580
ALLY FINANCIAL INC$500,098
VMWARE INC$498,644
NEWS CORP$497,835
PARSLEY ENERGY INC$497,595
ZEBRA TECHNOLOGIES CORP$496,716
BURLINGTON STORES INC$495,442
BEST BUY CO INC$494,468
SANTANDER CONSUMER USA HOLDINGS INC$493,702
MICRON TECHNOLOGY INC$493,546
FITBIT INC$489,168
SLM CORP$485,794
LINCOLN NATIONAL CORP$485,103
ENERGEN CORP$484,438
UNITED STATES STEEL CORP$484,056
CITIZENS FINANCIAL GROUP INC$483,015
AUTODESK INC$482,921
CIT GROUP INC$481,468
FOOT LOCKER INC$481,141
CHENIERE ENERGY INC$480,480
SCOTTS MIRACLE-GRO CO/THE$480,240
RICE ENERGY INC$480,238
NAVIENT CORP$480,004
ALASKA AIR GROUP INC$479,463
UNITED CONTINENTAL HOLDINGS INC$478,895
IHS MARKIT LTD$477,808
GARMIN LTD$477,794
SVB FINANCIAL GROUP$477,558
UNITED RENTALS INC$477,398
MOTOROLA SOLUTIONS INC$477,338
XILINX INC$477,048
RAYMOND JAMES FINANCIAL INC$476,994
MARATHON PETROLEUM CORP$476,112
WESTLAKE CHEMICAL CORP$475,449
KINDER MORGAN INC/DE$475,347
GAP INC/THE$475,017
SKYWORKS SOLUTIONS INC$471,618
QUINTILES TRANSNATIONAL HOLDINGS INC$471,530
LEGG MASON INC$471,462
ZIONS BANCORPORATION$471,086
DEVON ENERGY CORP$470,564
INTERNATIONAL GAME TECHNOLOGY PLC$470,298
CARE CAPITAL PROPERTIES INC$470,093
OLD DOMINION FREIGHT LINE INC$469,458
ARCH CAPITAL GROUP LTD$469,452
SS&C TECHNOLOGIES HOLDINGS INC$467,890
LIBERTY BROADBAND CORP$467,854
HP INC$467,600
CIMAREX ENERGY CO$466,595
WESTERN ALLIANCE BANCORP$466,284
HARMAN INTERNATIONAL INDUSTRIES INC$465,795
CHARLES SCHWAB CORP/THE$465,608
HUNTSMAN CORP$465,533
TYSON FOODS INC$465,511
LEUCADIA NATIONAL CORP$465,345
UNITED THERAPEUTICS CORP$464,664
TIFFANY & CO$463,905
OSHKOSH CORP$463,798
PANDORA MEDIA INC$463,400
DISCOVER FINANCIAL SERVICES$463,200
ON SEMICONDUCTOR CORP$462,240
SL GREEN REALTY CORP$462,051
HCP INC$461,538
PACCAR INC$460,768
HEWLETT PACKARD ENTERPRISE CO$460,531
LIBERTY BROADBAND CORP$460,346
ASSOCIATED BANC-CORP$460,288
CAPITAL ONE FINANCIAL CORP$460,030
XYLEM INC/NY$459,774
CYPRESS SEMICONDUCTOR CORP$459,305
CULLEN/FROST BANKERS INC$459,270
JOHN WILEY & SONS INC$459,227
COMERICA INC$458,713
SYMANTEC CORP$458,349
YAHOO! INC$458,280
ASSURED GUARANTY LTD$458,205
MASCO CORP$457,692
GENTEX CORP$457,559
ALLIED WORLD ASSURANCE CO HOLDINGS AG$457,111
TCF FINANCIAL CORP$457,080
HILL-ROM HOLDINGS INC$456,687
PTC INC$456,569
GENESEE & WYOMING INC$456,553
TWITTER INC$455,277
FIRST HORIZON NATIONAL CORP$455,248
TEREX CORP$454,764
WESCO INTERNATIONAL INC$454,700
REGIONS FINANCIAL CORP$454,632
TD AMERITRADE HOLDING CORP$454,359
ARAMARK HOLDINGS CORP$454,212
FIRST REPUBLIC BANK/CA$454,064
TOLL BROTHERS INC$453,914
BOK FINANCIAL CORP$453,790
PARKER-HANNIFIN CORP$453,361
SYNOVUS FINANCIAL CORP$452,700
HUNTINGTON BANCSHARES INC/OH$452,452
ARMSTRONG WORLD INDUSTRIES INC$452,088
LENNOX INTERNATIONAL INC$450,996
LAREDO PETROLEUM INC$450,799
REINSURANCE GROUP OF AMERICA INC$450,744
ZYNGA INC$450,109
SYNCHRONY FINANCIAL$449,371
GOODYEAR TIRE & RUBBER CO/THE$449,055
PINNACLE FOODS INC$449,012
LIVE NATION ENTERTAINMENT INC$448,896
NASDAQ OMX GROUP INC/THE$448,623
STANLEY BLACK & DECKER INC$448,594
GRAPHIC PACKAGING HOLDING CO$447,408
KOSMOS ENERGY LTD$447,120
CORNING INC$446,993
MOHAWK INDUSTRIES INC$446,838
COOPER COS INC/THE$446,208
MOODY'S CORP$445,629
NORTHSTAR REALTY FINANCE CORP$445,303
MOSAIC CO/THE$445,036
T-MOBILE US INC$444,864
JONES LANG LASALLE INC$444,818
EVEREST RE GROUP LTD$444,774
SYNOPSYS INC$444,675
EMPIRE STATE REALTY TRUST INC$444,429
JABIL CIRCUIT INC$444,354
CME GROUP INC$444,235
AMERICAN HOMES 4 RENT$443,961
CRANE CO$443,808
DUN & BRADSTREET CORP/THE$443,233
ITT INC$443,024
PARAMOUNT GROUP INC$442,800
E*TRADE FINANCIAL CORP$442,788
L BRANDS INC$442,018
IDEX CORP$441,971
HOST HOTELS & RESORTS INC$441,758
CONTINENTAL RESOURCES INC/OK$441,232
TEXTRON INC$441,180
HYATT HOTELS CORP$440,675
LINCOLN ELECTRIC HOLDINGS INC$440,153
MACQUARIE INFRASTRUCTURE CORP$439,670
POST PROPERTIES INC$439,105
CORELOGIC INC/UNITED STATES$438,914
BB&T CORP$438,900
AIR PRODUCTS & CHEMICALS INC$438,848
CABOT CORP$438,768
PACWEST BANCORP$438,600
DIAMONDBACK ENERGY INC$438,150
WHIRLPOOL CORP$438,025
CNA FINANCIAL CORP$437,860
PRUDENTIAL FINANCIAL INC$437,781
AIR LEASE CORP$437,762
REGAL BELOIT CORP$436,976
BORGWARNER INC$436,753
LAM RESEARCH CORP$436,738
FIDELITY NATIONAL INFORMATION SERVICES INC$436,315
HOSPITALITY PROPERTIES TRUST$436,007
KILROY REALTY CORP$435,780
DONALDSON CO INC$435,580
MARRIOTT INTERNATIONAL INC/MD$435,113
STARWOOD PROPERTY TRUST INC$435,100
IPG PHOTONICS CORP$434,900
QUANTA SERVICES INC$434,837
GAMESTOP CORP$434,367
BRIXMOR PROPERTY GROUP INC$434,112
NEWMARKET CORP$433,950
AMETEK INC$433,875
BAKER HUGHES INC$433,818
SBA COMMUNICATIONS CORP$433,770
SENIOR HOUSING PROPERTIES TRUST$432,949
JC PENNEY CO INC$432,837
POST HOLDINGS INC$432,378
LEAR CORP$432,017
TIMKEN CO/THE$431,843
TERADYNE INC$431,730
FIRST AMERICAN FINANCIAL CORP$430,900
KANSAS CITY SOUTHERN$430,888
KBR INC$430,858
COMMUNICATIONS SALES & LEASING INC$430,560
COLFAX CORP$430,360
ZIMMER BIOMET HOLDINGS INC$430,305
BROOKDALE SENIOR LIVING INC$430,250
CLEAR CHANNEL OUTDOOR HOLDINGS INC$430,245
DUKE REALTY CORP$430,236
PROLOGIS INC$430,191
MANPOWERGROUP INC$430,189
ABBOTT LABORATORIES$430,075
OMEGA HEALTHCARE INVESTORS INC$430,056
ASSURANT INC$429,840
VOYA FINANCIAL INC$429,828
QEP RESOURCES INC$429,655
SONOCO PRODUCTS CO$429,586
MFA FINANCIAL INC$429,579
CST BRANDS INC$429,573
ALEXANDRIA REAL ESTATE EQUITIES INC$429,351
GENERAL DYNAMICS CORP$429,260
PROASSURANCE CORP$429,156
INTERNATIONAL BUSINESS MACHINES CORP$428,976
CSX CORP$428,301
DOUGLAS EMMETT INC$428,184
SUNTRUST BANKS INC$427,479
TAUBMAN CENTERS INC$427,185
COLUMBIA PROPERTY TRUST INC$427,152
PRAXAIR INC$427,140
EAST WEST BANCORP INC$427,110
AMDOCS LTD$426,852
CHOICE HOTELS INTERNATIONAL INC$426,712
AMTRUST FINANCIAL SERVICES INC$426,489
STARWOOD HOTELS & RESORTS WORLDWIDE INC$426,030
VORNADO REALTY TRUST$425,637
LIBERTY SIRIUSXM GROUP$425,577
LIBERTY SIRIUSXM GROUP$425,344
SPIRIT AEROSYSTEMS HOLDINGS INC$424,522
CINCINNATI FINANCIAL CORP$424,105
OWENS CORNING$423,982
LIBERTY VENTURES$423,940
WELLTOWER INC$423,660
COMMERCE BANCSHARES INC/MO$423,583
ANSYS INC$423,151
COTY INC$423,115
BRUNSWICK CORP/DE$423,108
AGILENT TECHNOLOGIES INC$422,820
HUBBELL INC$422,409
FNF GROUP$422,128
WR GRACE & CO$421,902
SPIRIT REALTY CAPITAL INC$421,880
BUNGE LTD$421,740
ARTHUR J GALLAGHER & CO$421,714
DDR CORP$421,693
VALIDUS HOLDINGS LTD$421,557
BERKSHIRE HATHAWAY INC$421,372
TELEFLEX INC$421,107
HORMEL FOODS CORP$420,860
EQUITY COMMONWEALTH$420,851
AXIS CAPITAL HOLDINGS LTD$420,838
BEMIS CO INC$420,800
MONDELEZ INTERNATIONAL INC$420,487
TORCHMARK CORP$420,420
BOSTON PROPERTIES INC$420,390
RR DONNELLEY & SONS CO$420,233
FMC TECHNOLOGIES INC$420,180
APARTMENT INVESTMENT & MANAGEMENT CO$420,174
TRAVELERS COS INC/THE$419,640
PLATFORM SPECIALTY PRODUCTS CORP$419,015
LYONDELLBASELL INDUSTRIES NV$418,117
WEINGARTEN REALTY INVESTORS$418,069
JACOBS ENGINEERING GROUP INC$417,832
BANK OF HAWAII CORP$417,832
TFS FINANCIAL CORP$417,764
PEOPLE'S UNITED FINANCIAL INC$417,625
MOLSON COORS BREWING CO$417,466
COLGATE-PALMOLIVE CO$417,419
BED BATH & BEYOND INC$417,330
MARKEL CORP$417,137
WELLCARE HEALTH PLANS INC$416,990
IAC/INTERACTIVECORP$416,841
HOLLYFRONTIER CORP$416,668
BIO-RAD LABORATORIES INC$416,668
LIBERTY PROPERTY TRUST$416,423
FOREST CITY REALTY TRUST INC$416,416
BROWN & BROWN INC$415,917
MADISON SQUARE GARDEN CO/THE$415,495
AFLAC INC$415,408
EXPEDITORS INTERNATIONAL OF WASHINGTON INC$415,330
FLUOR CORP$415,200
DOVER CORP$415,063
VEREIT INC$414,970
STORE CAPITAL CORP$414,820
ARROW ELECTRONICS INC$414,729
ROYAL GOLD INC$414,625
TANGER FACTORY OUTLET CENTERS INC$414,528
DISCOVERY COMMUNICATIONS INC$414,494
RYDER SYSTEM INC$414,414
CARDINAL HEALTH INC$414,284
DCT INDUSTRIAL TRUST INC$414,035
APPLE HOSPITALITY REIT INC$413,982
TRIMBLE NAVIGATION LTD$413,740
HIGHWOODS PROPERTIES INC$413,712
XEROX CORP$413,552
WR BERKLEY CORP$413,512
QORVO INC$413,496
CONCHO RESOURCES INC$413,440
AMERICAN FINANCIAL GROUP INC/OH$413,325
NEWMONT MINING CORP$412,992
DOMTAR CORP$412,946
ALCOA INC$412,726
MERCURY GENERAL CORP$412,680
EMC CORP$412,238
WHITE MOUNTAINS INSURANCE GROUP LTD$412,010
ROPER TECHNOLOGIES INC$411,916
HEALTHCARE TRUST OF AMERICA INC$411,628
BANKUNITED INC$411,520
JETBLUE AIRWAYS CORP$411,510
GENUINE PARTS CO$411,280
VALERO ENERGY CORP$411,251
THERMO FISHER SCIENTIFIC INC$410,913
MGM RESORTS INTERNATIONAL$410,908
AVERY DENNISON CORP$410,432
PROCTER & GAMBLE CO/THE$410,357
DR HORTON INC$410,047
WENDY'S CO/THE$409,974
BOOZ ALLEN HAMILTON HOLDING CORP$409,860
ESSEX PROPERTY TRUST INC$409,461
TWO HARBORS INVESTMENT CORP$409,400
SIMON PROPERTY GROUP INC$409,393
MSC INDUSTRIAL DIRECT CO INC$409,024
AMERICAN NATIONAL INSURANCE CO$408,870
RENAISSANCERE HOLDINGS LTD$408,776
USG CORP$408,707
ALLSCRIPTS HEALTHCARE SOLUTIONS INC$408,537
ERIE INDEMNITY CO$408,120
ORACLE CORP$408,078
RETAIL PROPERTIES OF AMERICA INC$407,830
VENTAS INC$406,952
ALLSTATE CORP/THE$406,864
LENNAR CORP$406,780
LENNAR CORP$406,493
RAYTHEON CO$406,377
PIEDMONT OFFICE REALTY TRUST INC$406,376
CHIMERA INVESTMENT CORP$406,281
AKAMAI TECHNOLOGIES INC$406,260
RPC INC$406,245
DOLBY LABORATORIES INC$406,202
QUEST DIAGNOSTICS INC$405,818
ROCKWELL AUTOMATION INC$405,755
DISCOVERY COMMUNICATIONS INC$405,609
SUN COMMUNITIES INC$405,556
LABORATORY CORP OF AMERICA HOLDINGS$405,176
INTERACTIVE BROKERS GROUP INC$405,085
CAMDEN PROPERTY TRUST$405,059
CABELA'S INC$404,657
LIONS GATE ENTERTAINMENT CORP$404,528
DELTA AIR LINES INC$404,250
JUNIPER NETWORKS INC$403,900
FMC CORP$403,684
UDR INC$403,407
NEWFIELD EXPLORATION CO$403,248
HOWARD HUGHES CORP/THE$403,130
SCHLUMBERGER LTD$402,900
NATIONAL RETAIL PROPERTIES INC$402,804
PERRIGO CO PLC$402,176
REGAL ENTERTAINMENT GROUP$401,944
L-3 COMMUNICATIONS HOLDINGS INC$401,814
SPECTRA ENERGY CORP$401,616
CARLISLE COS INC$401,090
FLIR SYSTEMS INC$400,790
NATIONAL FUEL GAS CO$400,561
PROGRESSIVE CORP/THE$400,488
EQUITY ONE INC$400,416
ASHLAND INC$400,414
UGI CORP$400,315
ALBEMARLE CORP$400,090
CREE INC$400,007
OLD REPUBLIC INTERNATIONAL CORP$399,984
EPR PROPERTIES$399,432
PERKINELMER INC$399,375
GENERAL GROWTH PROPERTIES INC$399,218
ASPEN INSURANCE HOLDINGS LTD$398,933
KEYSIGHT TECHNOLOGIES INC$398,633
SNAP-ON INC$398,554
INGRAM MICRO INC$398,544
OGE ENERGY CORP$398,464
UNITED STATES CELLULAR CORP$398,254
BROWN-FORMAN CORP$398,110
REPUBLIC SERVICES INC$397,845
AFFILIATED MANAGERS GROUP INC$397,740
APTARGROUP INC$397,698
NEW YORK COMMUNITY BANCORP INC$397,393
ST JUDE MEDICAL INC$397,392
NATIONAL INSTRUMENTS CORP$396,748
KIMCO REALTY CORP$396,660
HCA HOLDINGS INC$396,638
HUNTINGTON INGALLS INDUSTRIES INC$396,408
STEEL DYNAMICS INC$396,382
T ROWE PRICE GROUP INC$396,378
REGENCY CENTERS CORP$396,257
VALMONT INDUSTRIES INC$395,976
AVNET INC$395,960
QUESTAR CORP$395,158
ENDURANCE SPECIALTY HOLDINGS LTD$395,100
BROCADE COMMUNICATIONS SYSTEMS INC$394,985
AECOM TECHNOLOGY CORP$394,624
DILLARD'S INC$394,572
NOBLE ENERGY INC$394,106
CALATLANTIC GROUP INC$394,092
MONSANTO CO$394,050
BROWN-FORMAN CORP$393,224
VIACOM INC$393,153
TARGET CORP$393,064
AUTONATION INC$393,005
ECHOSTAR CORP$392,833
WHOLE FOODS MARKET INC$392,813
SOUTHERN COPPER CORP$392,464
WASTE MANAGEMENT INC$392,272
TRIBUNE MEDIA CO$392,224
BRANDYWINE REALTY TRUST$391,959
VIACOM INC$391,298
ALLISON TRANSMISSION HOLDINGS INC$391,134
ROYAL CARIBBEAN CRUISES LTD$391,105
AMERICAN CAMPUS COMMUNITIES INC$390,858
CORPORATE OFFICE PROPERTIES TRUST$390,724
TESORO CORP$390,676
PIEDMONT NATURAL GAS CO INC$390,650
EXTENDED STAY AMERICA INC$390,540
REALTY INCOME CORP$390,436
SIGNATURE BANK/NEW YORK NY$390,432
SOUTHERN CO/THE$390,108
AETNA INC$389,424
FORD MOTOR CO$389,403
RELIANCE STEEL & ALUMINUM CO$389,232
MDU RESOURCES GROUP INC$388,905
AGCO CORP$388,320
WP CAREY INC$388,236
ENERGIZER HOLDINGS INC$387,700
EDGEWELL PERSONAL CARE CO$387,648
AVALONBAY COMMUNITIES INC$387,647
ITC HOLDINGS CORP$387,535
NABORS INDUSTRIES LTD$387,461
CONAGRA FOODS INC$387,329
DENTSPLY SIRONA INC$387,198
EASTMAN CHEMICAL CO$386,973
MURPHY USA INC$386,805
PHILLIPS 66$386,759
CABOT OIL & GAS CORP$386,691
JM SMUCKER CO/THE$386,378
PREMIER INC$386,130
HARTFORD FINANCIAL SERVICES GROUP INC/THE$386,058
DISH NETWORK CORP$385,766
NATIONAL OILWELL VARCO INC$385,710
COACH INC$385,618
CENTENE CORP$385,019
PUBLIC SERVICE ENTERPRISE GROUP INC$384,840
CIGNA CORP$384,780
TELEPHONE & DATA SYSTEMS INC$384,606
WESTAR ENERGY INC$384,580
AMERICAN CAPITAL AGENCY CORP$384,462
MARTIN MARIETTA MATERIALS INC$384,363
AT&T INC$384,272
CONSOLIDATED EDISON INC$383,775
ANNALY CAPITAL MANAGEMENT INC$382,508
ZILLOW GROUP INC$382,279
COCA-COLA CO/THE$382,184
WALGREENS BOOTS ALLIANCE INC$381,758
SCANA CORP$381,510
CYRUSONE INC$381,300
COMPUTER SCIENCES CORP$381,024
DTE ENERGY CO$380,890
CLOROX CO/THE$380,016
CELANESE CORP$379,815
HUMANA INC$379,759
FRONTIER COMMUNICATIONS CORP$379,500
ZILLOW GROUP INC$379,120
CROWN CASTLE INTERNATIONAL CORP$379,080
H&R BLOCK INC$379,050
TREEHOUSE FOODS INC$378,920
PATTERSON-UTI ENERGY INC$378,886
PBF ENERGY INC$378,542
FREEPORT-MCMORAN COPPER & GOLD INC$378,055
ALLEGHANY CORP$378,021
KIMBERLY-CLARK CORP$377,905
NUANCE COMMUNICATIONS INC$377,330
MYLAN NV$377,004
REYNOLDS AMERICAN INC$376,732
DIGITAL REALTY TRUST INC$376,542
WORLD FUEL SERVICES CORP$376,478
AMERICAN ELECTRIC POWER CO INC$376,120
ANTERO RESOURCES CORP$375,732
ALLIANT ENERGY CORP$375,705
PPL CORP$375,624
HANOVER INSURANCE GROUP INC/THE$375,360
CENTERPOINT ENERGY INC$375,249
PINNACLE WEST CAPITAL CORP$375,200
EXPRESS SCRIPTS HOLDING CO$375,132
DUKE ENERGY CORP$374,402
MEAD JOHNSON NUTRITION CO$374,308
OPKO HEALTH INC$374,010
VWR CORP$373,994
COMPASS MINERALS INTERNATIONAL INC$372,650
ATMOS ENERGY CORP$372,554
LEXMARK INTERNATIONAL INC$372,424
DRIL-QUIP INC$372,319
REALOGY HOLDINGS CORP$372,002
OUTFRONT MEDIA INC$371,271
AMEREN CORP$370,650
HERTZ GLOBAL HOLDINGS INC$370,435
AVANGRID INC$370,240
WEC ENERGY GROUP INC$369,579
MANITOWOC FOODSERVICE INC$369,377
CMS ENERGY CORP$369,336
GULFPORT ENERGY CORP$368,940
MEDNAX INC$368,312
SPIRIT AIRLINES INC$367,908
CONOCOPHILLIPS$367,808
SEMPRA ENERGY$367,774
VECTREN CORP$366,825
TAHOE RESOURCES INC$366,033
WEATHERFORD INTERNATIONAL PLC$365,943
ALERE INC$365,474
SUPERIOR ENERGY SERVICES INC$364,033
CALPINE CORP$363,480
MEMORIAL RESOURCE DEVELOPMENT CORP$362,880
CLEAN HARBORS INC$362,563
AMERICAN WATER WORKS CO INC$362,551
SOLARCITY CORP$361,550
CUBESMART$360,643
RANGE RESOURCES CORP$358,701
TEGNA INC$358,602
GREAT PLAINS ENERGY INC$358,512
ACADIA HEALTHCARE CO INC$358,330
AMERCO$357,802
HELMERICH & PAYNE INC$357,621
FIREEYE INC$357,564
MID-AMERICA APARTMENT COMMUNITIES INC$357,162
PILGRIM'S PRIDE CORP$356,817
ORBITAL ATK INC$354,521
TWENTY-FIRST CENTURY FOX INC$354,480
MURPHY OIL CORP$347,894
OCEANEERING INTERNATIONAL INC$347,412
AQUA AMERICA INC$346,674
MICHAELS COS INC/THE$345,024
UNIVERSAL HEALTH SERVICES INC$344,113
LEIDOS HOLDINGS INC$342,715
HAWAIIAN ELECTRIC INDUSTRIES INC$342,114
LIFE STORAGE INC$342,000
TRANSOCEAN LTD$339,500
CHICAGO BRIDGE & IRON CO NV$339,492
NRG ENERGY INC$336,537
STERICYCLE INC$335,322
LIFEPOINT HEALTH INC$332,525
DAVITA INC$331,875
VISTA OUTDOOR INC$330,506
FIRST SOLAR INC$325,252
FLOWERS FOODS INC$323,547
KIRBY CORP$323,020
ENVISION HEALTHCARE HOLDINGS INC$321,900
DANAHER CORP$319,127
AMSURG CORP$318,108
WHITING PETROLEUM CORP$304,285
HAIN CELESTIAL GROUP INC/THE$301,350
DIAMOND OFFSHORE DRILLING INC$301,061
ENSCO PLC$296,769
FRANK'S INTERNATIONAL NV$294,144
JUNO THERAPEUTICS INC$283,968
SUNPOWER CORP$273,352
ROWAN COS PLC$272,874
NOBLE CORP PLC$254,016
CORRECTIONS CORP OF AMERICA$180,009
FORTIVE CORP$111,134
PRAIRIESKY ROYALTY LTD$94,438
HERC HOLDINGS INC$84,728
COMMERCEHUB INC$32,406
LIBERTY BRAVES GROUP$16,641
COMMERCEHUB INC$16,269
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$74,527,928
 
Other
Holding NameMarket Value
OCH-ZIFF CAPITAL$711,693
LAZARD LTD MLP$477,687
USD$64,387
S&P MID 400 EMINI EQUITY INDEX SEP16 (FAU6)$12,998
USD$1,854
S&P500 EMINI FUT EQUITY INDEX SEP16 (ESU6)$475
CANADIAN DOLLAR$166
All Holdings As of Jul 31, 2016
Equity
Holding NameMarket Value
UNITED TECHNOLOGIES CORP$47,081,804
EI DU PONT DE NEMOURS & CO$43,289,768
FEDEX CORP$38,655,244
JPMORGAN CHASE & CO$38,156,826
LEVEL 3 COMMUNICATIONS INC$37,267,811
WYNN RESORTS LTD$34,485,844
CNH INDUSTRIAL NV$32,661,104
ALPHABET INC$30,366,436
SCRIPPS NETWORKS INTERACTIVE INC$29,449,548
CK HUTCHISON HOLDINGS LTD$28,112,266
GENERAL ELECTRIC CO$26,297,637
CISCO SYSTEMS INC$26,223,133
CONSOL ENERGY INC$26,007,572
WELLS FARGO & CO$25,775,240
EXXON MOBIL CORP$25,053,212
MICROSOFT CORP$24,099,769
VIASAT INC$20,797,911
MERCK & CO INC$20,203,091
VERIZON COMMUNICATIONS INC$19,873,295
LAFARGEHOLCIM LTD$19,523,920
CHEVRON CORP$18,935,025
PFIZER INC$17,924,703
CITIGROUP INC$17,879,956
QUALCOMM INC$16,952,296
GRAHAM HOLDINGS CO$16,655,734
RALPH LAUREN CORP$16,590,746
BRISTOL-MYERS SQUIBB CO$15,431,807
METLIFE INC$14,688,456
PNC FINANCIAL SERVICES GROUP INC/THE$14,503,835
COMCAST CORP$14,020,953
MARSH & MCLENNAN COS INC$13,917,631
CHESAPEAKE ENERGY CORP$13,597,262
JOHNSON & JOHNSON$12,424,694
FRANKLIN RESOURCES INC$11,955,367
EDISON INTERNATIONAL$11,942,442
MEDTRONIC PLC$11,811,210
UNION PACIFIC CORP$11,808,045
BOEING CO/THE$11,668,518
INTEL CORP$11,633,305
INTERNATIONAL PAPER CO$11,429,824
AMERIPRISE FINANCIAL INC$11,225,739
CANADIAN NATURAL RESOURCES LTD$11,182,077
ROYAL DUTCH SHELL PLC$10,481,312
MORGAN STANLEY$9,931,961
LOEWS CORP$9,894,402
CHUBB LTD$9,581,388
TYCO INTERNATIONAL PLC$9,397,901
TOTAL SA$8,908,120
BLACKROCK INC$8,876,069
OCCIDENTAL PETROLEUM CORP$8,833,833
EATON CORP PLC$8,577,471
KONINKLIJKE PHILIPS NV$8,493,277
UNITEDHEALTH GROUP INC$8,465,268
ANALOG DEVICES INC$8,447,901
PG&E CORP$8,418,340
AMERICAN EXPRESS CO$8,392,692
STATE STREET CORP$8,354,060
APPLIED MATERIALS INC$8,344,972
HARRIS CORP$8,323,489
ARCHER-DANIELS-MIDLAND CO$8,299,228
MAXIM INTEGRATED PRODUCTS INC$8,277,321
NISOURCE INC$8,150,642
NORTHERN TRUST CORP$7,799,886
TWENTY-FIRST CENTURY FOX INC$7,754,907
NUCOR CORP$7,663,547
BANK OF AMERICA CORP$7,633,564
TEXAS INSTRUMENTS INC$7,630,650
EOG RESOURCES INC$7,551,531
EVERSOURCE ENERGY$7,515,380
PEPSICO INC$7,482,804
HALLIBURTON CO$7,449,269
ILLINOIS TOOL WORKS INC$7,420,220
AES CORP/VA$7,411,235
FORTUNE BRANDS HOME & SECURITY INC$7,347,545
INGERSOLL-RAND PLC$7,240,230
DOW CHEMICAL CO/THE$7,230,691
MATTEL INC$7,026,490
ANTHEM INC$6,991,228
EMERSON ELECTRIC CO$6,842,160
ALLERGAN PLC$6,829,650
ENTERGY CORP$6,768,392
PIONEER NATURAL RESOURCES CO$6,663,744
PULTEGROUP INC$6,652,214
FIRSTENERGY CORP$6,523,056
LAS VEGAS SANDS CORP$6,483,200
3M CO$6,359,426
GILEAD SCIENCES INC$6,320,249
NIELSEN HOLDINGS PLC$6,281,961
ROCHE HOLDING AG$6,213,479
M&T BANK CORP$6,194,717
CVS CAREMARK CORP$6,177,934
WEYERHAEUSER CO$6,163,336
CBS CORP$6,138,461
APACHE CORP$6,129,113
WAL-MART STORES INC$6,078,401
MARATHON OIL CORP$6,057,797
INGREDION INC$6,027,778
BRITISH AMERICAN TOBACCO PLC$6,000,622
LIBERTY INTERACTIVE CORP$5,855,304
AMGEN INC$5,814,614
BANK OF NEW YORK MELLON CORP/THE$5,736,640
ASTRAZENECA PLC$5,728,692
HILTON WORLDWIDE HOLDINGS INC$5,720,741
INVESCO LTD$5,681,346
HESS CORP$5,678,584
VULCAN MATERIALS CO$5,665,886
KRAFT HEINZ CO/THE$5,663,728
XCEL ENERGY INC$5,660,226
UNITED PARCEL SERVICE INC$5,632,010
LOWE'S COS INC$5,554,311
KOHL'S CORP$5,463,054
INTERCONTINENTALEXCHANGE GROUP INC$5,443,841
PENTAIR PLC$5,431,082
NORWEGIAN CRUISE LINE HOLDINGS LTD$5,417,868
AMERICAN INTERNATIONAL GROUP INC$5,414,058
DEERE & CO$5,378,698
GOLDMAN SACHS GROUP INC/THE$5,358,249
THOMSON REUTERS CORP$5,348,812
NEWS CORP$5,343,640
PVH CORP$5,208,632
WESTERN DIGITAL CORP$5,154,978
EXELON CORP$5,131,592
HOME DEPOT INC/THE$4,929,638
NEXTERA ENERGY INC$4,540,183
FIFTH THIRD BANCORP$4,458,402
CARNIVAL CORP$4,419,712
KELLOGG CO$4,401,826
RAYONIER INC$4,389,089
BECTON DICKINSON AND CO$4,241,600
JOHNSON CONTROLS INC$4,201,680
PRINCIPAL FINANCIAL GROUP INC$4,190,405
PHILIP MORRIS INTERNATIONAL INC$4,161,793
GLAXOSMITHKLINE PLC$4,117,541
ANADARKO PETROLEUM CORP$4,072,300
CUMMINS INC$4,063,687
SIGNET JEWELERS LTD$3,982,323
DIAGEO PLC$3,972,761
CF INDUSTRIES HOLDINGS INC$3,859,952
CENTURYLINK INC$3,809,270
MACY'S INC$3,733,486
NOKIA OYJ$3,654,718
BAXTER INTERNATIONAL INC$3,615,570
SOUTHWESTERN ENERGY CO$3,550,376
DOMINION RESOURCES INC/VA$3,456,286
SYMANTEC CORP$3,410,482
AGRIUM INC$3,376,272
WALT DISNEY CO/THE$3,367,845
UNUM GROUP$3,195,165
TRIUMPH GROUP INC$3,193,371
GENERAL MOTORS CO$3,168,887
CATERPILLAR INC$3,163,087
DIAGEO PLC$2,814,441
FLOWSERVE CORP$2,782,095
CANADIAN PACIFIC RAILWAY LTD$2,576,216
APPLE INC$2,563,566
ROYAL BANK OF SCOTLAND GROUP PLC$2,440,173
XL GROUP LTD$2,171,258
TELEFONICA SA$2,157,620
US BANCORP/MN$2,146,453
WILLIS TOWERS WATSON PLC$2,120,948
VODAFONE GROUP PLC$2,103,738
TE CONNECTIVITY LTD$2,085,688
MACERICH CO/THE$2,079,292
EQT CORP$2,033,158
SOUTHWEST AIRLINES CO$1,609,935
CA INC$1,542,098
STAPLES INC$1,349,837
WESTROCK CO$1,236,666
TIME WARNER INC$1,106,289
AVON PRODUCTS INC$1,019,942
UNITED STATES STEEL CORP$684,501
SPRINT CORP$588,059
MCCORMICK & CO INC/MD$582,825
GARMIN LTD$528,903
LINEAR TECHNOLOGY CORP$527,912
QIAGEN NV$511,210
AMERICAN AIRLINES GROUP INC$511,200
VMWARE INC$496,264
ONEMAIN HOLDINGS INC$496,048
GAP INC/THE$492,589
TRINITY INDUSTRIES INC$492,168
ALNYLAM PHARMACEUTICALS INC$490,857
ARRIS INTERNATIONAL PLC$490,320
COPA HOLDINGS SA$490,105
DICK'S SPORTING GOODS INC$482,895
ROYAL GOLD INC$478,074
ALASKA AIR GROUP INC$477,262
CREE INC$476,476
FREEPORT-MCMORAN COPPER & GOLD INC$476,150
MARVELL TECHNOLOGY GROUP LTD$475,288
NEWMONT MINING CORP$475,200
NAVIENT CORP$473,996
OSHKOSH CORP$473,774
QUINTILES TRANSNATIONAL HOLDINGS INC$473,604
GAMESTOP CORP$473,535
ZYNGA INC$473,191
JETBLUE AIRWAYS CORP$472,914
WHIRLPOOL CORP$471,667
SLM CORP$471,053
MASCO CORP$470,592
NU SKIN ENTERPRISES INC$469,920
MALLINCKRODT PLC$468,686
CHENIERE ENERGY INC$468,496
SOLARCITY CORP$467,250
BURLINGTON STORES INC$466,711
PENSKE AUTOMOTIVE GROUP INC$465,535
LEGG MASON INC$465,328
NEWS CORP$463,680
CARE CAPITAL PROPERTIES INC$463,667
SL GREEN REALTY CORP$462,444
UNITED RENTALS INC$462,086
ALLIED WORLD ASSURANCE CO HOLDINGS AG$461,957
BROOKDALE SENIOR LIVING INC$461,750
LIVE NATION ENTERTAINMENT INC$460,656
HCP INC$460,364
ENDO INTERNATIONAL PLC$460,040
UNITED THERAPEUTICS CORP$459,838
OLD DOMINION FREIGHT LINE INC$459,756
ABBOTT LABORATORIES$458,016
SS&C TECHNOLOGIES HOLDINGS INC$457,524
POPULAR INC$456,836
BRUNSWICK CORP/DE$456,504
HOSPITALITY PROPERTIES TRUST$456,313
HP INC$455,885
JOHN WILEY & SONS INC$455,830
LPL FINANCIAL HOLDINGS INC$455,455
QORVO INC$455,256
HARMAN INTERNATIONAL INDUSTRIES INC$454,520
GENTEX CORP/MI$454,472
AECOM TECHNOLOGY CORP$454,272
PACCAR INC$454,069
LIBERTY SIRIUSXM GROUP$454,025
YELP INC$453,597
TYSON FOODS INC$453,376
TEREX CORP$452,142
LIBERTY SIRIUSXM GROUP$451,200
CIT GROUP INC$451,181
HEWLETT PACKARD ENTERPRISE CO$450,669
ALLY FINANCIAL INC$450,188
RAYMOND JAMES FINANCIAL INC$450,180
SYNCHRONY FINANCIAL$450,178
PANDORA MEDIA INC$450,160
XILINX INC$449,504
URBAN OUTFITTERS INC$448,500
CYPRESS SEMICONDUCTOR CORP$448,140
NORTHSTAR REALTY FINANCE CORP$447,305
ALLSCRIPTS HEALTHCARE SOLUTIONS INC$446,827
NASDAQ OMX GROUP INC/THE$445,788
CLEAR CHANNEL OUTDOOR HOLDINGS INC$445,543
UNITED CONTINENTAL HOLDINGS INC$445,455
ZILLOW GROUP INC$445,333
PINNACLE FOODS INC$445,112
TAUBMAN CENTERS INC$445,060
T-MOBILE US INC$444,864
IHS MARKIT LTD$444,776
LEUCADIA NATIONAL CORP$443,718
JC PENNEY CO INC$443,394
DILLARD'S INC$443,304
AUTONATION INC$442,805
VORNADO REALTY TRUST$442,488
KINDER MORGAN INC/DE$442,279
REGAL ENTERTAINMENT GROUP$442,176
ASSURED GUARANTY LTD$442,035
POST HOLDINGS INC$442,017
ARMSTRONG WORLD INDUSTRIES INC$441,688
PROLOGIS INC$441,369
MARATHON PETROLEUM CORP$441,168
STANLEY BLACK & DECKER INC$441,163
LINCOLN NATIONAL CORP$441,067
VIACOM INC$441,059
AMERICAN HOMES 4 RENT$440,510
DUKE REALTY CORP$440,487
RR DONNELLEY & SONS CO$440,384
DDR CORP$440,202
COLUMBIA PROPERTY TRUST INC$440,195
HOST HOTELS & RESORTS INC$439,775
ZILLOW GROUP INC$439,600
KILROY REALTY CORP$439,260
VEREIT INC$439,193
LENNOX INTERNATIONAL INC$439,040
COMERICA INC$438,828
DISCOVER FINANCIAL SERVICES$438,805
MOHAWK INDUSTRIES INC$438,774
GOODYEAR TIRE & RUBBER CO/THE$438,651
WILLIAMS COS INC/THE$438,651
ALEXANDRIA REAL ESTATE EQUITIES INC$437,970
COOPER COS INC/THE$437,928
WELLTOWER INC$437,902
CORNING INC$437,734
WEINGARTEN REALTY INVESTORS$437,731
GENERAL GROWTH PROPERTIES INC$437,715
FIDELITY NATIONAL INFORMATION SERVICES INC$437,415
MARRIOTT INTERNATIONAL INC/DE$437,370
FOOT LOCKER INC$437,015
SBA COMMUNICATIONS CORP$437,000
TAHOE RESOURCES INC$436,769
STORE CAPITAL CORP$436,660
DOMTAR CORP$435,629
CITIZENS FINANCIAL GROUP INC$435,435
COACH INC$435,411
ZIMMER HOLDINGS INC$435,385
SPIRIT REALTY CAPITAL INC$435,253
ALCOA INC$434,836
GENESEE & WYOMING INC$434,796
EVEREST RE GROUP LTD$434,723
CARDINAL HEALTH INC$434,720
REGAL-BELOIT CORP$434,696
MOODY'S CORP$434,641
HIGHWOODS PROPERTIES INC$434,616
TELEPHONE & DATA SYSTEMS INC$434,562
BUNGE LTD$434,544
EMPIRE STATE REALTY TRUST INC$434,493
FIREEYE INC$433,758
PARAMOUNT GROUP INC$433,698
INTERNATIONAL BUSINESS MACHINES CORP$433,674
DOUGLAS EMMETT INC$433,656
AGILENT TECHNOLOGIES INC$432,990
HAIN CELESTIAL GROUP INC/THE$432,878
UNITED STATES CELLULAR CORP$432,815
QUANTA SERVICES INC$432,640
XEROX CORP$432,446
LIBERTY BROADBAND CORP$432,217
XYLEM INC/NY$432,202
VIACOM INC$431,868
SVB FINANCIAL GROUP$431,806
STEEL DYNAMICS INC$431,802
BEST BUY CO INC$431,760
BRIXMOR PROPERTY GROUP INC$431,680
FITBIT INC$431,656
ASSOCIATED BANC-CORP$431,520
SIMON PROPERTY GROUP INC$431,376
SANTANDER CONSUMER USA HOLDINGS INC$431,303
CORELOGIC INC/UNITED STATES$430,996
CAPITAL ONE FINANCIAL CORP$430,989
FIRST HORIZON NATIONAL CORP$430,976
INTERNATIONAL GAME TECHNOLOGY PLC$430,540
SENIOR HOUSING PROPERTIES TRUST$430,430
MOTOROLA SOLUTIONS INC$430,156
CRANE CO$429,870
APPLE HOSPITALITY REIT INC$429,807
LINCOLN ELECTRIC HOLDINGS INC$429,766
REALOGY HOLDINGS CORP$429,521
HUNTINGTON BANCSHARES INC/OH$429,400
ZIONS BANCORPORATION$429,352
STARWOOD HOTELS & RESORTS WORLDWIDE INC$429,330
ARAMARK HOLDINGS CORP$429,304
ON SEMICONDUCTOR CORP$429,284
AIR LEASE CORP$429,269
EQUITY ONE INC$429,183
CSX CORP$429,058
FRONTIER COMMUNICATIONS CORP$429,000
WPX ENERGY INC$428,921
COMMUNICATIONS SALES & LEASING INC$428,904
THERMO FISHER SCIENTIFIC INC$428,868
NETAPP INC$428,715
LIBERTY BROADBAND CORP$428,678
L BRANDS INC$428,620
BOK FINANCIAL CORP$428,561
EPR PROPERTIES$428,502
CABOT CORP$428,472
KANSAS CITY SOUTHERN$428,170
FLUOR CORP$428,160
NEWMARKET CORP$427,940
SCOTTS MIRACLE-GRO CO/THE$427,750
CULLEN/FROST BANKERS INC$427,707
APARTMENT INVESTMENT & MANAGEMENT CO$427,521
NATIONAL RETAIL PROPERTIES INC$427,406
PERKINELMER INC$426,900
DCT INDUSTRIAL TRUST INC$426,870
JABIL CIRCUIT INC$426,740
VENTAS INC$426,496
TIMKEN CO$426,488
CABELA'S INC$426,464
BOSTON PROPERTIES INC$426,390
DELTA AIR LINES INC$426,250
PLATFORM SPECIALTY PRODUCTS CORP$425,960
AUTODESK INC$425,959
RICE ENERGY INC$425,823
TANGER FACTORY OUTLET CENTERS$425,748
COLFAX CORP$425,720
GRAPHIC PACKAGING HOLDING CO$425,568
MARTIN MARIETTA MATERIALS INC$425,565
PTC INC$425,111
MARKEL CORP$425,040
CHOICE HOTELS INTERNATIONAL INC$424,952
IDEX CORP$424,707
REALTY INCOME CORP$424,532
SONOCO PRODUCTS CO$424,502
JACOBS ENGINEERING GROUP INC$424,414
TCF FINANCIAL CORP$424,008
KIMCO REALTY CORP$423,720
CIMAREX ENERGY CO$423,671
RELIANCE STEEL & ALUMINUM CO$423,576
FLIR SYSTEMS INC$423,540
ST JUDE MEDICAL INC$423,504
NORFOLK SOUTHERN CORP$423,313
WP CAREY INC$423,186
QUEST DIAGNOSTICS INC$423,164
LEIDOS HOLDINGS INC$423,085
RETAIL PROPERTIES OF AMERICA INC$422,944
FIRST REPUBLIC BANK/CA$422,853
PARKER HANNIFIN CORP$422,503
BAKER HUGHES INC$422,339
FNF GROUP$421,904
COTY INC$421,859
TARGET CORP$421,848
AMERICAN CAMPUS COMMUNITIES INC$421,746
ESSEX PROPERTY TRUST INC$421,686
MACQUARIE INFRASTRUCTURE CORP$421,575
LEAR CORP$421,467
IPG PHOTONICS CORP$421,450
BORGWARNER INC$421,386
AIR PRODUCTS & CHEMICALS INC$421,364
POST PROPERTIES INC$421,284
ARCH CAPITAL GROUP LTD$421,254
TEXTRON INC$421,200
ALBEMARLE CORP$421,103
E*TRADE FINANCIAL CORP$420,968
MERCURY GENERAL CORP$420,812
CHARLES SCHWAB CORP/THE$420,616
HUBBELL INC$420,537
DR HORTON INC$420,535
MADISON SQUARE GARDEN CO/THE$420,417
BB&T CORP$420,318
LAM RESEARCH CORP$420,124
JM SMUCKER CO/THE$420,086
MANITOWOC FOODSERVICE INC$419,986
ARTHUR J GALLAGHER & CO$419,837
TD AMERITRADE HOLDING CORP$419,727
VWR CORP$419,688
WESTLAKE CHEMICAL CORP$419,665
USG CORP$419,584
SUN COMMUNITIES INC$419,495
TIFFANY & CO$419,380
CME GROUP INC/IL$419,184
TFS FINANCIAL CORP$419,146
DONALDSON CO INC$419,108
PARSLEY ENERGY INC$419,097
ARROW ELECTRONICS INC$418,887
PACWEST BANCORP$418,751
AMETEK INC$418,567
MFA FINANCIAL INC$418,450
CNA FINANCIAL CORP$418,405
REGIONS FINANCIAL CORP$418,152
FIRST AMERICAN FINANCIAL CORP$418,100
LIBERTY PROPERTY TRUST$417,938
COLGATE-PALMOLIVE CO$417,924
REGENCY CENTERS CORP$417,856
MANPOWERGROUP INC$417,788
DOLBY LABORATORIES INC$417,573
FIRST NIAGARA FINANCIAL GROUP INC$417,380
JONES LANG LASALLE INC$417,081
BOOZ ALLEN HAMILTON HOLDING CORP$416,880
REINSURANCE GROUP OF AMERICA INC$416,850
RYDER SYSTEM INC$416,818
MOLSON COORS BREWING CO$416,813
SYNOVUS FINANCIAL CORP$416,571
MYLAN NV$416,431
H&R BLOCK INC$416,325
HUNTSMAN CORP$416,261
FOREST CITY REALTY TRUST INC$416,240
DUN & BRADSTREET CORP/THE$416,185
SKYWORKS SOLUTIONS INC$415,926
NUANCE COMMUNICATIONS INC$415,892
DEVON ENERGY CORP$415,721
HYATT HOTELS CORP$415,626
VISTA OUTDOOR INC$415,415
HEALTHCARE TRUST OF AMERICA INC$415,410
PRUDENTIAL FINANCIAL INC$415,224
WESTERN ALLIANCE BANCORP$415,166
UDR INC$415,115
LIBERTY VENTURES$414,810
TELEFLEX INC$414,713
AMDOCS LTD$414,356
GENERAL DYNAMICS CORP$414,230
STARWOOD PROPERTY TRUST INC$414,200
HUNTINGTON INGALLS INDUSTRIES INC$414,192
PUBLIC SERVICE ENTERPRISE GROUP INC$414,090
CAMDEN PROPERTY TRUST$413,458
CHIMERA INVESTMENT CORP$413,426
LABORATORY CORP OF AMERICA HOLDINGS$412,958
AVERY DENNISON CORP$412,817
TREEHOUSE FOODS INC$412,760
PIEDMONT OFFICE REALTY TRUST INC$412,582
MGM RESORTS INTERNATIONAL$412,456
OGE ENERGY CORP$411,776
AMERCO$411,726
IAC/INTERACTIVECORP$411,516
KBR INC$411,487
HILL-ROM HOLDINGS INC$411,411
AXIS CAPITAL HOLDINGS LTD$411,292
MICRON TECHNOLOGY INC$411,238
AVALONBAY COMMUNITIES INC$411,215
CYRUSONE INC$411,150
AFFILIATED MANAGERS GROUP INC$410,984
HORMEL FOODS CORP$410,850
CINCINNATI FINANCIAL CORP$410,850
TRAVELERS COS INC/THE$410,838
MONDELEZ INTERNATIONAL INC$410,773
KEYCORP$410,670
WHITE MOUNTAINS INSURANCE GROUP LTD$410,660
SCHLUMBERGER LTD$410,652
CORPORATE OFFICE PROPERTIES TRUST$410,452
VALIDUS HOLDINGS LTD$410,269
DISH NETWORK CORP$410,266
SUNTRUST BANKS INC$410,213
BRANDYWINE REALTY TRUST$409,941
EDGEWELL PERSONAL CARE CO$409,935
OMEGA HEALTHCARE INVESTORS INC$409,860
DISCOVERY COMMUNICATIONS INC$409,818
ORBITAL ATK INC$409,464
QEP RESOURCES INC$409,409
L-3 COMMUNICATIONS HOLDINGS INC$409,401
YAHOO! INC$409,397
HOLLYFRONTIER CORP$409,262
BROCADE COMMUNICATIONS SYSTEMS INC$409,061
GENUINE PARTS CO$408,960
TOLL BROTHERS INC$408,946
OPKO HEALTH INC$408,945
DOVER CORP$408,937
FMC CORP$408,844
SNAP-ON INC$408,642
OWENS CORNING$408,465
CONSOLIDATED EDISON INC$408,408
BEMIS CO INC$408,320
NOBLE ENERGY INC$408,280
PRAXAIR INC$407,890
WESCO INTERNATIONAL INC$407,738
HOWARD HUGHES CORP/THE$407,359
PPL CORP$407,268
NATIONAL INSTRUMENTS CORP$407,256
BROWN & BROWN INC$406,926
AT&T INC$406,926
SOUTHERN CO/THE$406,600
ALLISON TRANSMISSION HOLDINGS INC$406,362
ORACLE CORP$406,296
BIO-RAD LABORATORIES INC$406,252
SYNOPSYS INC$406,200
ENDURANCE SPECIALTY HOLDINGS LTD$405,780
WASTE MANAGEMENT INC$405,646
SPECTRA ENERGY CORP$405,562
MURPHY USA INC$405,426
EXPEDITORS INTERNATIONAL OF WASHINGTON INC$405,326
WR BERKLEY CORP$405,293
CONTINENTAL RESOURCES INC/OK$405,260
HCA HOLDINGS INC$404,933
TERADYNE INC$404,875
AFLAC INC$404,768
SCANA CORP$404,676
AMERICAN WATER WORKS CO INC$404,642
RAYTHEON CO$404,637
BED BATH & BEYOND INC$404,550
WR GRACE & CO$404,298
ENERGIZER HOLDINGS INC$404,253
BERKSHIRE HATHAWAY INC$403,956
PERRIGO CO PLC$403,944
DIAMONDBACK ENERGY INC$403,834
EQUITY COMMONWEALTH$403,769
REPUBLIC SERVICES INC$403,673
AMERICAN ELECTRIC POWER CO INC$403,673
DENTSPLY SIRONA INC$403,452
ATMOS ENERGY CORP$403,338
ALLSTATE CORP/THE$403,147
OLD REPUBLIC INTERNATIONAL CORP$403,104
PROASSURANCE CORP$402,948
T ROWE PRICE GROUP INC$402,933
MID-AMERICA APARTMENT COMMUNITIES INC$402,876
NEWFIELD EXPLORATION CO$402,690
BROWN-FORMAN CORP$402,579
TWO HARBORS INVESTMENT CORP$402,500
LENNAR CORP$402,480
PROCTER & GAMBLE CO/THE$402,273
DUKE ENERGY CORP$402,273
MSC INDUSTRIAL DIRECT CO INC$402,248
TORCHMARK CORP$402,155
EMC CORP/MA$402,142
AMERICAN FINANCIAL GROUP INC/OH$402,050
WORLD FUEL SERVICES CORP$401,982
SPIRIT AEROSYSTEMS HOLDINGS INC$401,916
CST BRANDS INC$401,809
AVANGRID INC$401,746
LENNAR CORP$401,678
BROWN-FORMAN CORP$401,508
FIRST SOLAR INC$401,448
RENAISSANCERE HOLDINGS LTD$401,331
EQUITY RESIDENTIAL$401,141
WEC ENERGY GROUP INC$400,625
ROCKWELL AUTOMATION INC$400,400
AMERICAN NATIONAL INSURANCE CO$400,225
CALPINE CORP$400,178
SUNPOWER CORP$400,148
PROGRESSIVE CORP/THE$399,873
DTE ENERGY CO$399,832
BANK OF HAWAII CORP$399,736
MOSAIC CO/THE$399,600
KOSMOS ENERGY LTD$399,600
CENTERPOINT ENERGY INC$399,464
TRIMBLE NAVIGATION LTD$399,244
ENERGEN CORP$399,177
FLOWERS FOODS INC$399,063
PREMIER INC$398,940
ASPEN INSURANCE HOLDINGS LTD$398,933
DISCOVERY COMMUNICATIONS INC$398,931
LYONDELLBASELL INDUSTRIES NV$398,878
APTARGROUP INC$398,718
ALLIANT ENERGY CORP$398,475
ASSURANT INC$398,448
ROYAL CARIBBEAN CRUISES LTD$398,420
UGI CORP$398,379
DAVITA HEALTHCARE PARTNERS INC$398,168
CENTENE CORP$397,761
QUESTAR CORP$397,686
ANSYS INC$397,652
CMS ENERGY CORP$397,584
CONCHO RESOURCES INC$397,440
VALMONT INDUSTRIES INC$397,433
JUNIPER NETWORKS INC$397,075
DIGITAL REALTY TRUST INC$396,948
MDU RESOURCES GROUP INC$396,825
NATIONAL FUEL GAS CO$396,700
ITC HOLDINGS CORP$396,363
ACADIA HEALTHCARE CO INC$395,500
COMMERCE BANCSHARES INC/MO$395,250
ROPER INDUSTRIES INC$395,235
HANOVER INSURANCE GROUP INC/THE$395,232
WELLCARE HEALTH PLANS INC$395,160
CARLISLE COS INC$395,084
MONSANTO CO$395,049
SOUTHERN COPPER CORP$395,048
AQUA AMERICA INC$394,896
ECHOSTAR CORP$394,758
TESORO CORP$394,457
TWITTER INC$394,368
PINNACLE WEST CAPITAL CORP$394,350
WHOLE FOODS MARKET INC$394,106
EAST WEST BANCORP INC$393,530
INTERACTIVE BROKERS GROUP INC$393,344
AMEREN CORP$393,300
SPIRIT AIRLINES INC$393,300
SEMPRA ENERGY$393,258
GREAT PLAINS ENERGY INC$393,096
EXPRESS SCRIPTS HOLDING CO$392,521
MEAD JOHNSON NUTRITION CO$392,480
ANNALY CAPITAL MANAGEMENT INC$392,151
FORD MOTOR CO$391,257
CALATLANTIC GROUP INC$391,068
EXTENDED STAY AMERICA INC$390,816
ERIE INDEMNITY CO$390,760
AVNET INC$390,450
INGRAM MICRO INC$390,336
AMERICAN CAPITAL AGENCY CORP$390,037
CLEAN HARBORS INC$390,021
PEOPLE'S UNITED FINANCIAL INC$389,612
CUBESMART$389,201
SOVRAN SELF STORAGE INC$389,006
WESTAR ENERGY INC$388,990
PIEDMONT NATURAL GAS CO INC$388,700
WENDY'S CO/THE$388,651
CONAGRA FOODS INC$388,576
VALERO ENERGY CORP$388,440
ITT INC$388,289
CROWN CASTLE INTERNATIONAL CORP$388,120
VECTREN CORP$387,975
TEGNA INC$387,630
COMPUTER SCIENCES CORP$387,423
CABOT OIL & GAS CORP$387,319
ASHLAND INC$387,281
OUTFRONT MEDIA INC$387,073
CIGNA CORP$386,880
PBF ENERGY INC$386,147
MEDNAX INC$385,896
LIONS GATE ENTERTAINMENT CORP$385,807
CHICAGO BRIDGE & IRON CO NV$385,434
AGCO CORP$385,280
ANTERO RESOURCES CORP$384,993
TWENTY-FIRST CENTURY FOX INC$384,815
SIGNATURE BANK/NEW YORK NY$384,768
TRANSOCEAN LTD$384,650
NRG ENERGY INC$384,614
AMTRUST FINANCIAL SERVICES INC$384,307
BANKUNITED INC$384,256
RPC INC$383,985
COCA-COLA CO/THE$383,944
ALLEGHANY CORP$383,168
AETNA INC$383,073
KEYSIGHT TECHNOLOGIES INC$383,044
SM ENERGY CO$382,533
KIMBERLY-CLARK CORP$382,302
TRIBUNE MEDIA CO$381,615
LEXMARK INTERNATIONAL INC$381,368
REYNOLDS AMERICAN INC$380,456
CLOROX CO/THE$380,103
NEW YORK COMMUNITY BANCORP INC$380,035
WEATHERFORD INTERNATIONAL PLC$379,992
MICHAELS COS INC/THE$379,584
FMC TECHNOLOGIES INC$378,162
MEMORIAL RESOURCE DEVELOPMENT CORP$377,496
PATTERSON-UTI ENERGY INC$376,942
VOYA FINANCIAL INC$376,761
ZEBRA TECHNOLOGIES CORP$376,371
GULFPORT ENERGY CORP$375,261
PHILLIPS 66$374,976
RANGE RESOURCES CORP$374,883
WALGREENS BOOTS ALLIANCE INC$374,853
HARTFORD FINANCIAL SERVICES GROUP INC$374,590
AKAMAI TECHNOLOGIES INC$373,922
CELANESE CORP$373,861
NATIONAL OILWELL VARCO INC$372,025
EASTMAN CHEMICAL CO$371,811
DIAMOND OFFSHORE DRILLING INC$370,336
UNIVERSAL HEALTH SERVICES INC$369,808
ENVISION HEALTHCARE HOLDINGS INC$368,850
LAREDO PETROLEUM HOLDINGS INC$367,834
AMSURG CORP$367,549
HUMANA INC$366,669
HELMERICH & PAYNE INC$366,553
HERTZ GLOBAL HOLDINGS INC$366,074
CONOCOPHILLIPS$365,747
OCEANEERING INTERNATIONAL INC$365,228
DRIL-QUIP INC$364,681
CORRECTIONS CORP OF AMERICA$362,165
PILGRIM'S PRIDE CORP$359,445
ENSCO PLC$358,547
MURPHY OIL CORP$357,139
TARGA RESOURCES CORP$353,970
HAWAIIAN ELECTRIC INDUSTRIES INC$353,970
STERICYCLE INC$352,053
NABORS INDUSTRIES LTD$350,820
ALERE INC$350,250
COMPASS MINERALS INTERNATIONAL INC$347,950
LIFEPOINT HOSPITALS INC$347,683
SUPERIOR ENERGY SERVICES INC$345,431
KIRBY CORP$337,838
ROWAN COS PLC$333,756
NOBLE CORP PLC$325,458
DANAHER CORP$319,245
FRANK'S INTERNATIONAL NV$315,392
WHITING PETROLEUM CORP$307,624
JUNO THERAPEUTICS INC$296,928
FORTIVE CORP$101,723
PRAIRIESKY ROYALTY LTD$93,566
HERC HOLDINGS INC$88,587
COMMERCEHUB INC$30,800
LIBERTY BRAVES GROUP$16,156
COMMERCEHUB INC$15,510
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$64,228,722
 
Other
Holding NameMarket Value
OCH-ZIFF CAPITAL$617,904
LAZARD LTD MLP$461,046
USD$366,111
BRITISH POUND$47,085
USD$41,780
S&P MID 400 EMINI EQUITY INDEX SEP16 (FAU6)$9,346
S&P500 EMINI FUT EQUITY INDEX SEP16 (ESU6)$2,048
CURRENCY CONTRACT$-1,274
CANADIAN DOLLAR$-51,590
All Holdings As of Jun 30, 2016
Equity
Holding NameMarket Value
LEVEL 3 COMMUNICATIONS INC$46,392,747
UNITED TECHNOLOGIES CORP$44,994,838
EI DU PONT DE NEMOURS & CO$40,554,821
JPMORGAN CHASE & CO$37,823,375
FEDEX CORP$36,238,993
CNH INDUSTRIAL NV$32,752,720
WYNN RESORTS LTD$31,912,169
KONINKLIJKE PHILIPS NV$30,577,737
GENERAL ELECTRIC CO$29,477,778
SCRIPPS NETWORKS INTERACTIVE INC$27,759,966
ALPHABET INC$27,337,258
EXXON MOBIL CORP$26,721,056
CK HUTCHISON HOLDINGS LTD$26,539,721
WELLS FARGO & CO$25,876,258
MICROSOFT CORP$25,180,245
CISCO SYSTEMS INC$24,961,161
CONSOL ENERGY INC$21,592,458
VERIZON COMMUNICATIONS INC$20,306,719
MERCK & CO INC$20,198,642
VIASAT INC$20,113,380
CHEVRON CORP$19,631,304
PFIZER INC$17,541,481
CITIGROUP INC$17,402,155
GRAHAM HOLDINGS CO$16,202,305
BRISTOL-MYERS SQUIBB CO$15,605,839
MARSH & MCLENNAN COS INC$15,141,641
RALPH LAUREN CORP$15,122,300
QUALCOMM INC$14,752,642
PNC FINANCIAL SERVICES GROUP INC/THE$14,461,782
METLIFE INC$13,895,492
COMCAST CORP$13,832,666
LAFARGEHOLCIM LTD$12,651,211
EDISON INTERNATIONAL$12,103,704
JOHNSON & JOHNSON$12,071,170
MEDTRONIC PLC$11,894,865
CANADIAN NATURAL RESOURCES LTD$11,478,009
BOEING CO/THE$11,441,547
ROYAL DUTCH SHELL PLC$11,324,573
UNION PACIFIC CORP$11,290,150
INTEL CORP$11,159,052
FRANKLIN RESOURCES INC$11,023,780
CHESAPEAKE ENERGY CORP$10,761,290
INTERNATIONAL PAPER CO$10,646,068
AMERIPRISE FINANCIAL INC$10,524,131
CHUBB LTD$10,194,334
LOEWS CORP$9,857,491
OCCIDENTAL PETROLEUM CORP$9,007,508
MORGAN STANLEY$8,996,874
TYCO INTERNATIONAL PLC$8,913,198
PG&E CORP$8,601,075
TOTAL SA$8,528,130
UNITEDHEALTH GROUP INC$8,502,358
NISOURCE INC$8,460,941
BLACKROCK INC$8,438,227
EATON CORP PLC$8,223,029
APPLIED MATERIALS INC$8,128,706
NUCOR CORP$8,057,289
HARRIS CORP$8,051,292
AMERICAN EXPRESS CO$8,044,624
ARCHER-DANIELS-MIDLAND CO$7,896,049
FORTUNE BRANDS HOME & SECURITY INC$7,891,456
HALLIBURTON CO$7,876,837
EOG RESOURCES INC$7,860,667
EVERSOURCE ENERGY$7,852,291
TWENTY-FIRST CENTURY FOX INC$7,834,375
NORTHERN TRUST CORP$7,798,802
ANALOG DEVICES INC$7,632,240
BANK OF AMERICA CORP$7,619,846
AES CORP/VA$7,504,224
APACHE CORP$7,484,553
MAXIM INTEGRATED PRODUCTS INC$7,376,231
PEPSICO INC$7,299,266
INGERSOLL-RAND PLC$7,117,514
STATE STREET CORP$7,020,384
ANTHEM INC$7,004,362
TEXAS INSTRUMENTS INC$6,972,945
DOW CHEMICAL CO/THE$6,836,368
ENTERGY CORP$6,797,606
MARATHON OIL CORP$6,781,818
GILEAD SCIENCES INC$6,701,129
ILLINOIS TOOL WORKS INC$6,697,488
MATTEL INC$6,586,545
FIRSTENERGY CORP$6,552,607
ROCHE HOLDING AG$6,541,317
CBS CORP$6,519,190
CVS CAREMARK CORP$6,513,192
M&T BANK CORP$6,499,576
EMERSON ELECTRIC CO$6,384,384
ALLERGAN PLC$6,378,084
3M CO$6,366,488
PIONEER NATURAL RESOURCES CO$6,303,945
WAL-MART STORES INC$6,228,606
BRITISH AMERICAN TOBACCO PLC$6,207,316
NIELSEN HOLDINGS PLC$6,165,461
INGREDION INC$5,983,918
XCEL ENERGY INC$5,942,306
KRAFT HEINZ CO/THE$5,924,621
HESS CORP$5,772,305
UNITED PARCEL SERVICE INC$5,763,020
BANK OF NEW YORK MELLON CORP/THE$5,749,800
DEERE & CO$5,730,744
HILTON WORLDWIDE HOLDINGS INC$5,652,552
LIBERTY INTERACTIVE CORP$5,634,677
WEYERHAEUSER CO$5,622,541
VULCAN MATERIALS CO$5,608,776
LAS VEGAS SANDS CORP$5,566,720
LOWE'S COS INC$5,439,375
PULTEGROUP INC$5,433,422
INTERCONTINENTALEXCHANGE GROUP INC$5,402,036
AMERICAN INTERNATIONAL GROUP INC$5,349,824
AMGEN INC$5,233,960
THOMSON REUTERS CORP$5,223,072
PENTAIR PLC$5,193,639
ASTRAZENECA PLC$5,159,471
NORWEGIAN CRUISE LINE HOLDINGS LTD$5,154,499
WESTERN DIGITAL CORP$5,127,852
GOLDMAN SACHS GROUP INC/THE$5,102,237
SYMANTEC CORP$5,096,693
INVESCO LTD$5,072,244
KOHL'S CORP$4,999,942
PVH CORP$4,941,421
COLUMBIA PIPELINE GROUP INC$4,803,336
NEXTERA ENERGY INC$4,693,096
NEWS CORP$4,690,955
HOME DEPOT INC/THE$4,642,808
EXELON CORP$4,630,446
KELLOGG CO$4,361,743
CARNIVAL CORP$4,313,920
RAYONIER INC$4,265,181
FIFTH THIRD BANCORP$4,131,891
BECTON DICKINSON AND CO$4,087,119
JOHNSON CONTROLS INC$4,049,790
ANADARKO PETROLEUM CORP$4,029,960
GLAXOSMITHKLINE PLC$3,959,348
DIAGEO PLC$3,872,805
CUMMINS INC$3,834,204
SIGNET JEWELERS LTD$3,807,342
CF INDUSTRIES HOLDINGS INC$3,769,240
PRINCIPAL FINANCIAL GROUP INC$3,756,015
TRIUMPH GROUP INC$3,744,540
CENTURYLINK INC$3,538,060
DOMINION RESOURCES INC/VA$3,530,229
MACY'S INC$3,518,967
BAXTER INTERNATIONAL INC$3,459,013
WALT DISNEY CO/THE$3,433,482
AGRIUM INC$3,426,918
SOUTHWESTERN ENERGY CO$3,119,966
UNUM GROUP$3,103,817
GENERAL MOTORS CO$3,030,138
CATERPILLAR INC$2,958,106
DIAGEO PLC$2,895,372
FLOWSERVE CORP$2,529,520
APPLE INC$2,370,880
WILLIS TOWERS WATSON PLC$2,269,528
TELEFONICA SA$2,233,724
CANADIAN PACIFIC RAILWAY LTD$2,215,188
EQT CORP$2,176,170
ROYAL BANK OF SCOTLAND GROUP PLC$2,172,617
VODAFONE GROUP PLC$2,111,338
XL GROUP PLC$2,089,703
US BANCORP/MN$2,052,797
MACERICH CO/THE$2,015,204
PHILIP MORRIS INTERNATIONAL INC$1,831,977
TE CONNECTIVITY LTD$1,719,011
SOUTHWEST AIRLINES CO$1,705,635
STAPLES INC$1,517,982
CA INC$1,490,646
WESTROCK CO$1,139,668
TIME WARNER INC$1,090,819
AVON PRODUCTS INC$1,041,768
MCCORMICK & CO INC/MD$608,019
DICK'S SPORTING GOODS INC$464,794
FNF GROUP$457,500
SOLARCITY CORP$457,063
AVANGRID INC$455,994
HOSPITALITY PROPERTIES TRUST$455,040
WR BERKLEY CORP$453,295
AMERICAN HOMES 4 RENT$452,608
NATIONAL RETAIL PROPERTIES INC$452,033
EPR PROPERTIES$451,808
ATMOS ENERGY CORP$451,733
CYRUSONE INC$450,846
EQUITY ONE INC$450,520
REGAL ENTERTAINMENT GROUP$449,616
AMERICAN CAMPUS COMMUNITIES INC$449,395
ARTHUR J GALLAGHER & CO$449,106
NRG ENERGY INC$448,051
AMERICAN WATER WORKS CO INC$447,903
REYNOLDS AMERICAN INC$447,619
BURLINGTON STORES INC$446,957
MID-AMERICA APARTMENT COMMUNITIES INC$446,880
CHENIERE ENERGY INC$446,845
CARLISLE COS INC$446,498
CROWN CASTLE INTERNATIONAL CORP$446,292
DUKE ENERGY CORP$446,108
TANGER FACTORY OUTLET CENTERS$445,998
AQUA AMERICA INC$445,750
REGENCY CENTERS CORP$445,444
TAUBMAN CENTERS INC$445,200
TORCHMARK CORP$445,104
SUN COMMUNITIES INC$444,512
MACQUARIE INFRASTRUCTURE CORP$444,300
VENTAS INC$444,202
HIGHWOODS PROPERTIES INC$443,520
SYNOPSYS INC$443,456
BOK FINANCIAL CORP$443,289
KIMCO REALTY CORP$442,458
ALLEGHANY CORP$442,412
WEC ENERGY GROUP INC$442,212
DCT INDUSTRIAL TRUST INC$441,968
CINCINNATI FINANCIAL CORP$441,851
TREEHOUSE FOODS INC$441,395
UDR INC$441,194
EQUITY RESIDENTIAL$440,832
OMEGA HEALTHCARE INVESTORS INC$440,671
CORPORATE OFFICE PROPERTIES TRUST$440,593
CMS ENERGY CORP$440,256
BRANDYWINE REALTY TRUST$440,160
DUKE REALTY CORP$439,890
LIBERTY BROADBAND CORP$439,620
NATIONAL FUEL GAS CO$439,114
DISH NETWORK CORP$439,112
SPECTRA ENERGY CORP$438,644
CUBESMART$438,496
EVEREST RE GROUP LTD$438,408
POST HOLDINGS INC$438,257
FIRST HORIZON NATIONAL CORP$438,204
MICHAELS COS INC/THE$437,976
KANSAS CITY SOUTHERN$437,387
VALIDUS HOLDINGS LTD$437,310
PILGRIM'S PRIDE CORP$437,237
DDR CORP$437,174
VECTREN CORP$437,161
SENIOR HOUSING PROPERTIES TRUST$437,013
JC PENNEY CO INC$436,896
HUNTINGTON INGALLS INDUSTRIES INC$436,878
AT&T INC$436,421
DTE ENERGY CO$436,128
DIGITAL REALTY TRUST INC$435,960
COACH INC$435,918
RETAIL PROPERTIES OF AMERICA INC$435,851
DAVITA HEALTHCARE PARTNERS INC$435,698
AVALONBAY COMMUNITIES INC$435,642
TAHOE RESOURCES INC$435,178
VEREIT INC$435,107
FOOT LOCKER INC$435,040
SEMPRA ENERGY$434,986
POST PROPERTIES INC$434,981
ENERGIZER HOLDINGS INC$434,833
ALEXANDRIA REAL ESTATE EQUITIES INC$434,784
GENERAL DYNAMICS CORP$434,429
WEINGARTEN REALTY INVESTORS$434,121
AMEREN CORP$433,998
BRIXMOR PROPERTY GROUP INC$433,944
SPRINT CORP$433,861
SIMON PROPERTY GROUP INC$433,800
AVERY DENNISON CORP$433,550
DOUGLAS EMMETT INC$433,344
JOHN WILEY & SONS INC$433,094
TELEPHONE & DATA SYSTEMS INC$433,036
NEWFIELD EXPLORATION CO$432,964
FOREST CITY REALTY TRUST INC$432,814
TRAVELERS COS INC/THE$432,710
ZILLOW GROUP INC$432,470
HUBBELL INC$432,427
PROGRESSIVE CORP/THE$432,150
OLD REPUBLIC INTERNATIONAL CORP$432,096
SBA COMMUNICATIONS CORP$431,760
ZILLOW GROUP INC$431,732
GREAT PLAINS ENERGY INC$431,680
SCANA CORP$431,262
ANSYS INC$431,063
CENTENE CORP$430,932
KILROY REALTY CORP$430,885
SPIRIT AIRLINES INC$430,752
AETNA INC$430,508
FIRST AMERICAN FINANCIAL CORP$430,354
SOVRAN SELF STORAGE INC$430,172
QUANTA SERVICES INC$430,032
CONOCOPHILLIPS$429,896
CABOT OIL & GAS CORP$429,858
ALLSCRIPTS HEALTHCARE SOLUTIONS INC$429,832
REPUBLIC SERVICES INC$429,721
PINNACLE WEST CAPITAL CORP$429,618
CALPINE CORP$429,594
PANDORA MEDIA INC$429,525
AMERICAN ELECTRIC POWER CO INC$429,301
LIBERTY BROADBAND CORP$429,165
BIO-RAD LABORATORIES INC$429,060
URBAN OUTFITTERS INC$429,000
BROWN-FORMAN CORP$428,968
HILL-ROM HOLDINGS INC$428,825
SONOCO PRODUCTS CO$428,814
AMERICAN FINANCIAL GROUP INC/OH$428,794
PIEDMONT OFFICE REALTY TRUST INC$428,754
STEEL DYNAMICS INC$428,750
OWENS CORNING$428,646
THERMO FISHER SCIENTIFIC INC$428,504
APARTMENT INVESTMENT & MANAGEMENT CO$428,352
DENTSPLY SIRONA INC$428,076
YELP INC$428,076
DR HORTON INC$427,813
LENNOX INTERNATIONAL INC$427,800
AMERCO$427,362
JETBLUE AIRWAYS CORP$427,248
DILLARD'S INC$427,230
ERIE INDEMNITY CO$427,162
CORELOGIC INC/UNITED STATES$427,128
AMDOCS LTD$427,128
TRIBUNE MEDIA CO$427,062
LAM RESEARCH CORP$427,025
STORE CAPITAL CORP$427,025
ASHLAND INC$426,944
ARAMARK HOLDINGS CORP$426,941
STERICYCLE INC$426,892
MARKEL CORP$426,845
REINSURANCE GROUP OF AMERICA INC$426,756
MEAD JOHNSON NUTRITION CO$426,525
GAP INC/THE$426,522
CLEAN HARBORS INC$426,520
SOUTHERN COPPER CORP$426,284
ALLISON TRANSMISSION HOLDINGS INC$426,273
DANAHER CORP$426,220
OUTFRONT MEDIA INC$426,214
SNAP-ON INC$426,114
CONAGRA FOODS INC$425,987
ALLY FINANCIAL INC$425,982
REALTY INCOME CORP$425,870
EDGEWELL PERSONAL CARE CO$425,848
AFLAC INC$425,744
CAMDEN PROPERTY TRUST$425,742
TELEFLEX INC$425,544
L-3 COMMUNICATIONS HOLDINGS INC$425,401
CRANE CO$425,400
GAMESTOP CORP$425,280
MERCURY GENERAL CORP$425,280
MARATHON PETROLEUM CORP$425,152
MONDELEZ INTERNATIONAL INC$425,063
LIBERTY PROPERTY TRUST$425,004
FREEPORT-MCMORAN COPPER & GOLD INC$424,880
MDU RESOURCES GROUP INC$424,800
BEST BUY CO INC$423,810
FLOWERS FOODS INC$423,750
CORRECTIONS CORP OF AMERICA$423,742
ZIMMER HOLDINGS INC$423,738
UNITED THERAPEUTICS CORP$423,680
SOUTHERN CO/THE$423,677
QUEST DIAGNOSTICS INC$423,332
USG CORP$423,272
H&R BLOCK INC$423,200
ENDURANCE SPECIALTY HOLDINGS LTD$423,108
CYPRESS SEMICONDUCTOR CORP$423,055
CHIMERA INVESTMENT CORP$422,927
NEWMONT MINING CORP$422,496
MARTIN MARIETTA MATERIALS INC$422,400
AMERICAN CAPITAL AGENCY CORP$422,364
BOSTON PROPERTIES INC$422,080
MURPHY USA INC$421,970
SPIRIT REALTY CAPITAL INC$421,921
PREMIER INC$421,830
AMERICAN AIRLINES GROUP INC$421,819
KEYSIGHT TECHNOLOGIES INC$421,805
EXPEDITORS INTERNATIONAL OF WASHINGTON INC$421,744
ROYAL GOLD INC$421,677
COCA-COLA CO/THE$421,569
YAHOO! INC$421,423
ST JUDE MEDICAL INC$421,200
CIMAREX ENERGY CO$421,200
ASPEN INSURANCE HOLDINGS LTD$421,130
LEUCADIA NATIONAL CORP$421,119
MANITOWOC FOODSERVICE INC$421,118
WHITE MOUNTAINS INSURANCE GROUP LTD$421,000
PIEDMONT NATURAL GAS CO INC$420,840
PARAMOUNT GROUP INC$420,816
WESTAR ENERGY INC$420,675
STARWOOD PROPERTY TRUST INC$420,616
SUNPOWER CORP$420,476
WELLTOWER INC$420,458
LIBERTY SIRIUSXM GROUP$420,224
UNITED STATES CELLULAR CORP$420,189
MEDNAX INC$420,094
VISTA OUTDOOR INC$420,024
FIDELITY NATIONAL INFORMATION SERVICES INC$419,976
WASTE MANAGEMENT INC$419,820
UNITED STATES STEEL CORP$419,814
HYATT HOTELS CORP$419,656
DIAMONDBACK ENERGY INC$419,566
COMMERCE BANCSHARES INC/MO$419,508
PUBLIC SERVICE ENTERPRISE GROUP INC$419,490
OGE ENERGY CORP$419,200
SCHLUMBERGER LTD$419,124
MFA FINANCIAL INC$419,079
CHOICE HOTELS INTERNATIONAL INC$419,056
LEXMARK INTERNATIONAL INC$419,025
TARGET CORP$418,920
ASSURED GUARANTY LTD$418,605
HUNTINGTON BANCSHARES INC/OH$418,392
WELLCARE HEALTH PLANS INC$418,392
ECHOSTAR CORP$418,240
QUINTILES TRANSNATIONAL HOLDINGS INC$418,048
INTERNATIONAL GAME TECHNOLOGY PLC$417,902
SL GREEN REALTY CORP$417,895
FLIR SYSTEMS INC$417,825
PROASSURANCE CORP$417,690
TWITTER INC$417,677
DOVER CORP$417,653
COLUMBIA PROPERTY TRUST INC$417,621
ARCH CAPITAL GROUP LTD$417,600
MOHAWK INDUSTRIES INC$417,472
WILLIAMS COS INC/THE$417,459
TERADYNE INC$417,428
HEWLETT PACKARD ENTERPRISE CO$417,287
HORMEL FOODS CORP$417,240
HARTFORD FINANCIAL SERVICES GROUP INC$417,172
MALLINCKRODT PLC$416,951
BRUNSWICK CORP/DE$416,944
FIRST SOLAR INC$416,928
TEXTRON INC$416,784
PARSLEY ENERGY INC$416,724
IAC/INTERACTIVECORP$416,620
CIT GROUP INC$416,585
CONTINENTAL RESOURCES INC/OK$416,484
HOST HOTELS & RESORTS INC$416,435
ANNALY CAPITAL MANAGEMENT INC$416,398
UGI CORP$416,391
HERTZ GLOBAL HOLDINGS INC$416,232
IHS INC$416,196
TRANSOCEAN LTD$416,150
OLD DOMINION FREIGHT LINE INC$416,139
QIAGEN NV$416,026
T ROWE PRICE GROUP INC$415,929
BROWN & BROWN INC$415,917
COMERICA INC$415,413
T-MOBILE US INC$415,392
JM SMUCKER CO/THE$415,317
WORLD FUEL SERVICES CORP$415,300
ITC HOLDINGS CORP$415,293
RELIANCE STEEL & ALUMINUM CO$415,260
CENTERPOINT ENERGY INC$415,200
HCP INC$415,184
CLOROX CO/THE$415,170
EQUITY COMMONWEALTH$415,103
PHILLIPS 66$414,948
BED BATH & BEYOND INC$414,912
POPULAR INC$414,888
CALATLANTIC GROUP INC$414,823
AIR PRODUCTS & CHEMICALS INC$414,757
MASCO CORP$414,596
PATTERSON-UTI ENERGY INC$414,461
NEWMARKET CORP$414,380
ASSURANT INC$414,288
SYNOVUS FINANCIAL CORP$414,122
BUNGE LTD$414,050
MADISON SQUARE GARDEN CO/THE$414,024
WHOLE FOODS MARKET INC$414,019
AKAMAI TECHNOLOGIES INC$413,882
EXPRESS SCRIPTS HOLDING CO$413,868
ALASKA AIR GROUP INC$413,859
TFS FINANCIAL CORP$413,797
DISCOVER FINANCIAL SERVICES$413,715
LIBERTY SIRIUSXM GROUP$413,658
GENESEE & WYOMING INC$413,534
CABELA'S INC$413,496
MURPHY OIL CORP$413,385
ASSOCIATED BANC-CORP$413,315
COMMUNICATIONS SALES & LEASING INC$413,270
ENDO INTERNATIONAL PLC$413,135
CNA FINANCIAL CORP$413,016
TARGA RESOURCES CORP$412,972
IDEX CORP$412,963
GARMIN LTD$412,959
FIRST REPUBLIC BANK/CA$412,941
CST BRANDS INC$412,922
SS&C TECHNOLOGIES HOLDINGS INC$412,776
ROPER INDUSTRIES INC$412,755
ALLSTATE CORP/THE$412,705
HOWARD HUGHES CORP/THE$412,695
EXTENDED STAY AMERICA INC$412,620
MOLSON COORS BREWING CO$412,610
VORNADO REALTY TRUST$412,494
TCF FINANCIAL CORP$412,390
SIGNATURE BANK/NEW YORK NY$412,236
PROLOGIS INC$411,936
BEMIS CO INC$411,920
MICRON TECHNOLOGY INC$411,837
COOPER COS INC/THE$411,768
RPC INC$411,545
LABORATORY CORP OF AMERICA HOLDINGS$411,523
DOLBY LABORATORIES INC$411,510
AMETEK INC$411,447
TYSON FOODS INC$411,426
LIVE NATION ENTERTAINMENT INC$411,250
ESSEX PROPERTY TRUST INC$411,246
ALNYLAM PHARMACEUTICALS INC$411,181
PLATFORM SPECIALTY PRODUCTS CORP$411,144
PBF ENERGY INC$411,037
COLGATE-PALMOLIVE CO$411,018
CARE CAPITAL PROPERTIES INC$410,842
EMC CORP/MA$410,810
RR DONNELLEY & SONS CO$410,733
HEALTHCARE TRUST OF AMERICA INC$410,718
CSX CORP$410,630
PARKER HANNIFIN CORP$410,590
VALMONT INDUSTRIES INC$410,544
ZYNGA INC$410,539
BROWN-FORMAN CORP$410,514
HELMERICH & PAYNE INC$410,500
PINNACLE FOODS INC$410,361
OSHKOSH CORP$410,306
CONSOLIDATED EDISON INC$410,244
LIFEPOINT HOSPITALS INC$410,197
ALERE INC$410,131
FIREEYE INC$410,103
NOBLE ENERGY INC$409,994
INTERNATIONAL BUSINESS MACHINES CORP$409,806
UNIVERSAL HEALTH SERVICES INC$409,676
CIGNA CORP$409,568
L BRANDS INC$409,493
LINEAR TECHNOLOGY CORP$409,464
MSC INDUSTRIAL DIRECT CO INC$409,248
NEW YORK COMMUNITY BANCORP INC$409,227
SVB FINANCIAL GROUP$409,188
WENDY'S CO/THE$409,167
LINCOLN ELECTRIC HOLDINGS INC$409,129
TOLL BROTHERS INC$409,032
FLUOR CORP$409,024
MOTOROLA SOLUTIONS INC$409,014
ALLIANT ENERGY CORP$408,910
PERKINELMER INC$408,876
CHICAGO BRIDGE & IRON CO NV$408,634
WHIRLPOOL CORP$408,601
GENERAL GROWTH PROPERTIES INC$408,534
HP INC$408,377
EMPIRE STATE REALTY TRUST INC$408,285
AFFILIATED MANAGERS GROUP INC$408,233
SYNCHRONY FINANCIAL$408,196
CAPITAL ONE FINANCIAL CORP$408,052
COTY INC$408,043
HAIN CELESTIAL GROUP INC/THE$407,950
TD AMERITRADE HOLDING CORP$407,904
RAYTHEON CO$407,850
LIBERTY VENTURES$407,770
KEYCORP$407,745
PRUDENTIAL FINANCIAL INC$407,708
PPL CORP$407,700
FRONTIER COMMUNICATIONS CORP$407,550
NASDAQ OMX GROUP INC/THE$407,421
KINDER MORGAN INC/DE$407,254
CREE INC$407,170
ARMSTRONG WORLD INDUSTRIES INC$407,160
KOSMOS ENERGY LTD$407,115
LINCOLN NATIONAL CORP$407,085
AXIS CAPITAL HOLDINGS LTD$407,000
STARWOOD HOTELS & RESORTS WORLDWIDE INC$406,725
WESTLAKE CHEMICAL CORP$406,667
AECOM TECHNOLOGY CORP$406,656
NU SKIN ENTERPRISES INC$406,472
TIFFANY & CO$406,288
TIMKEN CO$406,245
HANOVER INSURANCE GROUP INC/THE$406,176
ENERGEN CORP$406,169
BB&T CORP$405,954
XILINX INC$405,944
KIMBERLY-CLARK CORP$405,703
TEGNA INC$405,475
CELANESE CORP$405,463
BERKSHIRE HATHAWAY INC$405,412
MARRIOTT INTERNATIONAL INC/DE$405,406
SANTANDER CONSUMER USA HOLDINGS INC$405,401
RYDER SYSTEM INC$405,053
GENUINE PARTS CO$405,000
LEIDOS HOLDINGS INC$404,980
VWR CORP$404,600
BROOKDALE SENIOR LIVING INC$404,528
DUN & BRADSTREET CORP/THE$404,509
NUANCE COMMUNICATIONS INC$404,504
ACADIA HEALTHCARE CO INC$404,420
WP CAREY INC$404,372
HCA HOLDINGS INC$404,303
TWENTY-FIRST CENTURY FOX INC$404,262
RAYMOND JAMES FINANCIAL INC$404,260
AUTODESK INC$404,155
HOLLYFRONTIER CORP$404,090
AUTONATION INC$404,028
VIACOM INC$403,854
BROCADE COMMUNICATIONS SYSTEMS INC$403,782
XYLEM INC/NY$403,636
APTARGROUP INC$403,563
MONSANTO CO$403,299
GULFPORT ENERGY CORP$403,254
STANLEY BLACK & DECKER INC$403,173
TESORO CORP$403,070
PACWEST BANCORP$402,852
NEWS CORP$402,615
REGIONS FINANCIAL CORP$402,523
RICE ENERGY INC$402,450
ABBOTT LABORATORIES$402,338
VIACOM INC$402,259
REALOGY HOLDINGS CORP$402,217
COMPUTER SCIENCES CORP$402,165
MYLAN NV$402,132
PTC INC$402,106
JABIL CIRCUIT INC$402,092
ZIONS BANCORPORATION$402,080
LEGG MASON INC$401,949
ROCKWELL AUTOMATION INC$401,870
CABOT CORP$401,808
CULLEN/FROST BANKERS INC$401,499
NORFOLK SOUTHERN CORP$401,388
RANGE RESOURCES CORP$401,202
DISCOVERY COMMUNICATIONS INC$401,157
ORACLE CORP$401,114
RENAISSANCERE HOLDINGS LTD$401,058
AVNET INC$401,049
QUESTAR CORP$400,846
ENVISION HEALTHCARE HOLDINGS INC$400,846
PERRIGO CO PLC$400,761
DELTA AIR LINES INC$400,730
MEMORIAL RESOURCE DEVELOPMENT CORP$400,176
ORBITAL ATK INC$400,158
BOOZ ALLEN HAMILTON HOLDING CORP$400,140
NETAPP INC$400,079
IPG PHOTONICS CORP$400,000
INTERACTIVE BROKERS GROUP INC$399,666
PACCAR INC$399,399
CME GROUP INC/IL$399,340
FIRST NIAGARA FINANCIAL GROUP INC$399,340
VALERO ENERGY CORP$399,330
SLM CORP$399,321
AGILENT TECHNOLOGIES INC$399,240
BANK OF HAWAII CORP$399,040
AIR LEASE CORP$399,022
NAVIENT CORP$398,891
NORTHSTAR REALTY FINANCE CORP$398,690
SKYWORKS SOLUTIONS INC$398,664
DONALDSON CO INC$398,576
LENNAR CORP$398,575
BAKER HUGHES INC$398,498
SCOTTS MIRACLE-GRO CO/THE$398,487
SUNTRUST BANKS INC$398,476
XEROX CORP$398,438
SPIRIT AEROSYSTEMS HOLDINGS INC$398,395
DISCOVERY COMMUNICATIONS INC$398,295
SUPERIOR ENERGY SERVICES INC$398,208
AGL RESOURCES INC$398,129
COPA HOLDINGS SA$397,960
PROCTER & GAMBLE CO/THE$397,949
OPKO HEALTH INC$397,884
QORVO INC$397,872
CARDINAL HEALTH INC$397,851
FMC TECHNOLOGIES INC$397,383
GENTEX CORP/MI$397,374
CORNING INC$397,312
APPLE HOSPITALITY REIT INC$396,891
ALBEMARLE CORP$396,788
HAWAIIAN ELECTRIC INDUSTRIES INC$396,759
QEP RESOURCES INC$396,587
DIAMOND OFFSHORE DRILLING INC$396,579
LPL FINANCIAL HOLDINGS INC$396,528
INGRAM MICRO INC$396,492
CLEAR CHANNEL OUTDOOR HOLDINGS INC$396,463
LENNAR CORP$396,460
AMERICAN NATIONAL INSURANCE CO$396,025
AMSURG CORP$395,454
WR GRACE & CO$395,334
TECO ENERGY INC$395,252
WPX ENERGY INC$395,070
WESTERN ALLIANCE BANCORP$395,065
HARMAN INTERNATIONAL INDUSTRIES INC$395,010
JACOBS ENGINEERING GROUP INC$394,993
AMTRUST FINANCIAL SERVICES INC$394,450
LYONDELLBASELL INDUSTRIES NV$394,426
E*TRADE FINANCIAL CORP$394,280
ENSCO PLC$394,226
WALGREENS BOOTS ALLIANCE INC$393,867
TRINITY INDUSTRIES INC$393,777
TWO HARBORS INVESTMENT CORP$393,760
DEVON ENERGY CORP$393,675
FMC CORP$393,635
JUNIPER NETWORKS INC$393,575
PRAXAIR INC$393,365
BANKUNITED INC$393,216
GOODYEAR TIRE & RUBBER CO/THE$392,598
ONEMAIN HOLDINGS INC$392,504
REGAL-BELOIT CORP$392,231
NABORS INDUSTRIES LTD$391,749
ON SEMICONDUCTOR CORP$391,608
ITT INC$391,595
DRIL-QUIP INC$391,481
GRAPHIC PACKAGING HOLDING CO$391,248
OCEANEERING INTERNATIONAL INC$391,166
LIONS GATE ENTERTAINMENT CORP$390,439
ARROW ELECTRONICS INC$389,970
ROYAL CARIBBEAN CRUISES LTD$389,470
MGM RESORTS INTERNATIONAL$389,236
UNITED RENTALS INC$389,180
VMWARE INC$389,096
ALLIED WORLD ASSURANCE CO HOLDINGS AG$389,000
KBR INC$388,594
FORD MOTOR CO$388,476
MOSAIC CO/THE$387,464
DOMTAR CORP$387,386
MANPOWERGROUP INC$387,327
EASTMAN CHEMICAL CO$387,030
NATIONAL OILWELL VARCO INC$386,975
KIRBY CORP$386,818
WHITING PETROLEUM CORP$386,512
EAST WEST BANCORP INC$386,234
FITBIT INC$386,152
COMPASS MINERALS INTERNATIONAL INC$385,788
MARVELL TECHNOLOGY GROUP LTD$385,489
LAREDO PETROLEUM HOLDINGS INC$384,721
MOODY'S CORP$384,211
COLFAX CORP$383,670
CITIZENS FINANCIAL GROUP INC$383,616
NATIONAL INSTRUMENTS CORP$383,600
HUMANA INC$382,245
PENSKE AUTOMOTIVE GROUP INC$382,239
ANTERO RESOURCES CORP$381,906
UNITED CONTINENTAL HOLDINGS INC$381,672
CONCHO RESOURCES INC$381,664
JONES LANG LASALLE INC$381,030
TEREX CORP$380,406
ROWAN COS PLC$379,690
ALCOA INC$379,560
VOYA FINANCIAL INC$378,828
LEAR CORP$378,038
ARRIS INTERNATIONAL PLC$377,280
PEOPLE'S UNITED FINANCIAL INC$376,762
WESCO INTERNATIONAL INC$376,649
HUNTSMAN CORP$375,591
SM ENERGY CO$375,300
CHARLES SCHWAB CORP/THE$374,588
FRANK'S INTERNATIONAL NV$374,016
AGCO CORP$372,327
WEATHERFORD INTERNATIONAL PLC$371,295
JUNO THERAPEUTICS INC$369,024
BORGWARNER INC$369,000
TRIMBLE NAVIGATION LTD$367,836
NOBLE CORP PLC$363,384
ZEBRA TECHNOLOGIES CORP$355,710
PRAIRIESKY ROYALTY LTD$139,824
INGEVITY CORP$43,027
LIBERTY BRAVES GROUP$14,821
CALIFORNIA RESOURCES CORP$10
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$57,376,966
 
Other
Holding NameMarket Value
OCH-ZIFF CAPITAL$698,820
LAZARD LTD MLP$384,162
USD$40,946
S&P MID 400 EMINI EQUITY INDEX SEP16 (FAU6)$3,581
S&P500 EMINI FUT EQUITY INDEX SEP16 (ESU6)$2,413
All Holdings As of May 31, 2016
Equity
Holding NameMarket Value
LEVEL 3 COMMUNICATIONS INC$48,582,245
UNITED TECHNOLOGIES CORP$44,130,481
EI DU PONT DE NEMOURS & CO$41,192,667
JPMORGAN CHASE & CO$39,839,503
FEDEX CORP$39,787,465
WYNN RESORTS LTD$33,862,670
CNH INDUSTRIAL NV$32,386,256
KONINKLIJKE PHILIPS NV$31,927,672
ALPHABET INC$29,060,204
GENERAL ELECTRIC CO$28,769,800
SCRIPPS NETWORKS INTERACTIVE INC$28,682,772
WELLS FARGO & CO$27,587,622
CK HUTCHISON HOLDINGS LTD$27,004,380
MICROSOFT CORP$25,846,245
EXXON MOBIL CORP$25,437,910
CISCO SYSTEMS INC$25,358,617
CONSOL ENERGY INC$20,749,517
MERCK & CO INC$20,659,235
VIASAT INC$19,445,751
CHEVRON CORP$18,974,668
CITIGROUP INC$18,764,217
VERIZON COMMUNICATIONS INC$18,510,243
PFIZER INC$17,853,011
GRAHAM HOLDINGS CO$16,480,651
BRISTOL-MYERS SQUIBB CO$16,009,176
PNC FINANCIAL SERVICES GROUP INC/THE$15,945,452
METLIFE INC$15,863,699
MARSH & MCLENNAN COS INC$15,460,710
LAFARGEHOLCIM LTD$13,552,372
QUALCOMM INC$13,427,391
COMCAST CORP$13,317,687
FRANKLIN RESOURCES INC$12,267,608
AMERIPRISE FINANCIAL INC$11,928,941
JOHNSON & JOHNSON$11,327,035
CANADIAN NATURAL RESOURCES LTD$11,131,682
BOEING CO/THE$11,113,815
EDISON INTERNATIONAL$11,090,831
MEDTRONIC PLC$11,064,793
INTERNATIONAL PAPER CO$10,843,763
CHESAPEAKE ENERGY CORP$10,786,433
INTEL CORP$10,747,392
UNION PACIFIC CORP$10,498,493
ROYAL DUTCH SHELL PLC$9,944,378
CHUBB LTD$9,874,567
LOEWS CORP$9,654,480
BANK OF AMERICA CORP$9,280,962
TYCO INTERNATIONAL PLC$9,194,413
OCCIDENTAL PETROLEUM CORP$9,098,818
APACHE CORP$9,002,121
BLACKROCK INC$8,963,445
NORTHERN TRUST CORP$8,929,050
AMERICAN EXPRESS CO$8,851,296
MORGAN STANLEY$8,802,192
APPLIED MATERIALS INC$8,635,400
NUCOR CORP$8,628,474
UNITEDHEALTH GROUP INC$8,476,683
EATON CORP PLC$8,472,276
FORTUNE BRANDS HOME & SECURITY INC$8,415,038
TWENTY-FIRST CENTURY FOX INC$8,374,336
MAXIM INTEGRATED PRODUCTS INC$8,268,068
PG&E CORP$8,000,253
ARCHER-DANIELS-MIDLAND CO$7,916,727
ANALOG DEVICES INC$7,847,775
STATE STREET CORP$7,813,134
EOG RESOURCES INC$7,715,369
NISOURCE INC$7,643,312
INGERSOLL-RAND PLC$7,467,354
HARRIS CORP$7,458,889
HALLIBURTON CO$7,441,396
ANTHEM INC$7,246,333
EVERSOURCE ENERGY$7,241,412
TOTAL SA$7,205,220
MATTEL INC$7,119,920
DOW CHEMICAL CO/THE$7,063,284
GILEAD SCIENCES INC$7,054,472
ILLINOIS TOOL WORKS INC$6,817,729
ENTERGY CORP$6,784,211
PIONEER NATURAL RESOURCES CO$6,747,869
AES CORP/VA$6,668,417
TEXAS INSTRUMENTS INC$6,629,640
CBS CORP$6,610,200
M&T BANK CORP$6,593,293
ROCHE HOLDING AG$6,510,981
CVS CAREMARK CORP$6,503,624
ALLERGAN PLC$6,435,975
EMERSON ELECTRIC CO$6,424,470
NIELSEN HOLDINGS PLC$6,349,940
XCEL ENERGY INC$6,197,226
FIRSTENERGY CORP$6,155,156
INVESCO LTD$6,141,840
3M CO$6,119,274
BANK OF NEW YORK MELLON CORP/THE$6,065,052
MARATHON OIL CORP$6,046,443
LIBERTY INTERACTIVE CORP$5,992,258
PEPSICO INC$5,989,264
DEERE & CO$5,967,259
WAL-MART STORES INC$5,938,442
WEYERHAEUSER CO$5,924,079
NORWEGIAN CRUISE LINE HOLDINGS LTD$5,920,988
AMERICAN INTERNATIONAL GROUP INC$5,854,562
BRITISH AMERICAN TOBACCO PLC$5,824,631
HESS CORP$5,785,942
INTERCONTINENTALEXCHANGE GROUP INC$5,721,988
LAS VEGAS SANDS CORP$5,655,152
PENTAIR PLC$5,590,272
UNITED PARCEL SERVICE INC$5,515,315
LOWE'S COS INC$5,505,332
INGREDION INC$5,499,484
GOLDMAN SACHS GROUP INC/THE$5,476,543
VULCAN MATERIALS CO$5,475,575
THOMSON REUTERS CORP$5,433,701
AMGEN INC$5,433,480
PULTEGROUP INC$5,229,913
KRAFT HEINZ CO/THE$5,162,771
WESTERN DIGITAL CORP$5,119,554
ASTRAZENECA PLC$5,075,730
PVH CORP$4,918,872
HILTON WORLDWIDE HOLDINGS INC$4,841,532
HOME DEPOT INC/THE$4,803,883
COLUMBIA PIPELINE GROUP INC$4,725,922
KOHL'S CORP$4,661,954
RALPH LAUREN CORP$4,615,567
CARNIVAL CORP$4,535,300
FIFTH THIRD BANCORP$4,474,077
TRIUMPH GROUP INC$4,441,010
NEXTERA ENERGY INC$4,359,155
SYMANTEC CORP$4,351,024
RAYONIER INC$4,305,547
NEWS CORP$4,232,644
ANADARKO PETROLEUM CORP$4,173,693
SOUTHWESTERN ENERGY CO$4,123,009
PRINCIPAL FINANCIAL GROUP INC$4,089,048
SIGNET JEWELERS LTD$4,087,461
BECTON DICKINSON AND CO$4,028,090
JOHNSON CONTROLS INC$3,999,990
EXELON CORP$3,994,169
KELLOGG CO$3,972,845
CUMMINS INC$3,926,321
GLAXOSMITHKLINE PLC$3,913,307
CF INDUSTRIES HOLDINGS INC$3,905,592
UNUM GROUP$3,623,144
AGRIUM INC$3,418,580
ROYAL BANK OF SCOTLAND GROUP PLC$3,413,740
GENERAL MOTORS CO$3,386,748
WALT DISNEY CO/THE$3,383,402
MACY'S INC$3,377,457
BAXTER INTERNATIONAL INC$3,344,598
DOMINION RESOURCES INC/VA$3,287,375
CENTURYLINK INC$3,269,587
DIAGEO PLC$3,110,536
CATERPILLAR INC$2,807,587
DIAGEO PLC$2,799,185
FLOWSERVE CORP$2,541,264
TELEFONICA SA$2,457,581
WILLIS TOWERS WATSON PLC$2,337,261
VODAFONE GROUP PLC$2,246,079
US BANCORP/MN$2,243,768
CANADIAN PACIFIC RAILWAY LTD$2,228,948
EQT CORP$2,117,291
XL GROUP PLC$2,099,987
SOUTHWEST AIRLINES CO$1,847,880
PHILIP MORRIS INTERNATIONAL INC$1,777,227
APPLE INC$1,767,522
STAPLES INC$1,705,440
TE CONNECTIVITY LTD$1,698,000
CA INC$1,583,842
MACERICH CO/THE$1,526,400
AVON PRODUCTS INC$1,433,699
TIME WARNER INC$1,190,359
WESTROCK CO$1,161,365
SCHLUMBERGER LTD$747,740
DENBURY RESOURCES INC$719,033
SM ENERGY CO$671,376
WHITING PETROLEUM CORP$647,634
RICE ENERGY INC$647,190
WPX ENERGY INC$625,992
COMPUTER SCIENCES CORP$624,840
LAREDO PETROLEUM HOLDINGS INC$605,621
TARGA RESOURCES CORP$599,620
ST JUDE MEDICAL INC$595,536
ONEOK INC$594,688
CLEAR CHANNEL OUTDOOR HOLDINGS INC$583,458
ALKERMES PLC$579,197
QEP RESOURCES INC$573,711
CONTINENTAL RESOURCES INC/OK$572,016
RANGE RESOURCES CORP$566,447
SUPERIOR ENERGY SERVICES INC$555,645
ENERGEN CORP$553,583
SANTANDER CONSUMER USA HOLDINGS INC$553,559
MCCORMICK & CO INC/MD$553,299
GENWORTH FINANCIAL INC$547,600
MANITOWOC CO INC/THE$539,790
DEVON ENERGY CORP$536,297
ZILLOW GROUP INC$533,448
NVIDIA CORP$532,608
CYPRESS SEMICONDUCTOR CORP$522,996
BOSTON SCIENTIFIC CORP$510,975
MARTIN MARIETTA MATERIALS INC$510,408
NEWFIELD EXPLORATION CO$509,625
COMERICA INC$508,680
REGIONS FINANCIAL CORP$506,245
MURPHY OIL CORP$504,451
NEWMONT MINING CORP$502,355
ACTIVISION BLIZZARD INC$501,939
SUNTRUST BANKS INC$499,548
ENERGIZER HOLDINGS INC$499,095
DUN & BRADSTREET CORP/THE$497,448
OWENS-ILLINOIS INC$497,070
MATCH GROUP INC$497,000
BLACK KNIGHT FINANCIAL SERVICES INC$497,000
TRANSUNION$496,500
MICRON TECHNOLOGY INC$496,462
LEXMARK INTERNATIONAL INC$495,966
CULLEN/FROST BANKERS INC$495,060
ALBEMARLE CORP$494,786
EAST WEST BANCORP INC$494,080
RAYMOND JAMES FINANCIAL INC$493,416
DIAMONDBACK ENERGY INC$491,130
ZIMMER HOLDINGS INC$490,882
NRG ENERGY INC$489,598
ANTERO RESOURCES CORP$487,704
ONEMAIN HOLDINGS INC$487,656
CALIFORNIA RESOURCES CORP$486,218
TCF FINANCIAL CORP$485,706
FMC CORP$484,398
KIRBY CORP$483,552
ZAYO GROUP HOLDINGS INC$483,372
DIAMOND OFFSHORE DRILLING INC$482,834
CIMAREX ENERGY CO$480,236
L-3 COMMUNICATIONS HOLDINGS INC$480,235
CHEMOURS CO/THE$478,205
VCA ANTECH INC$477,885
VALMONT INDUSTRIES INC$475,129
DOLBY LABORATORIES INC$474,500
ZILLOW GROUP INC$473,688
MDU RESOURCES GROUP INC$473,409
AMERICAN HOMES 4 RENT$473,172
KEYCORP$473,058
OSHKOSH CORP$472,873
MANITOWOC FOODSERVICE INC$472,689
DISCOVER FINANCIAL SERVICES$472,659
LINCOLN NATIONAL CORP$472,255
PACWEST BANCORP$472,109
BROOKDALE SENIOR LIVING INC$470,028
BOK FINANCIAL CORP$469,764
BUNGE LTD$469,490
JOHN WILEY & SONS INC$468,756
LABORATORY CORP OF AMERICA HOLDINGS$468,169
E*TRADE FINANCIAL CORP$468,134
ZIONS BANCORPORATION$467,934
FIDELITY NATIONAL INFORMATION SERVICES INC$467,901
DOUGLAS EMMETT INC$467,682
ALNYLAM PHARMACEUTICALS INC$466,897
UNIVERSAL HEALTH SERVICES INC$465,941
IRON MOUNTAIN INC$465,826
EXPRESS SCRIPTS HOLDING CO$465,388
PERKINELMER INC$465,375
FIRST NIAGARA FINANCIAL GROUP INC$465,192
MONDELEZ INTERNATIONAL INC$464,476
BIO-TECHNE CORP$463,694
FIRST HORIZON NATIONAL CORP$463,008
SPX CORP$462,717
HASBRO INC$462,637
VEREIT INC$462,334
CONCHO RESOURCES INC$461,092
COMMSCOPE HOLDING CO INC$461,020
GAMING AND LEISURE PROPERTIES INC$460,905
WP GLIMCHER INC$460,615
TEEKAY CORP$459,724
KAR AUCTION SERVICES INC$459,648
SYNOVUS FINANCIAL CORP$459,548
BRANDYWINE REALTY TRUST$459,489
ZYNGA INC$459,195
AGILENT TECHNOLOGIES INC$458,900
PATTERSON-UTI ENERGY INC$458,550
AFLAC INC$458,436
SPRINT CORP$458,185
DIGITAL REALTY TRUST INC$458,160
JACOBS ENGINEERING GROUP INC$457,731
NAVIENT CORP$457,640
ALLSCRIPTS HEALTHCARE SOLUTIONS INC$456,569
WESTAR ENERGY INC$456,273
ARTHUR J GALLAGHER & CO$455,994
COOPER COS INC/THE$455,868
LIBERTY PROPERTY TRUST$455,304
QUEST DIAGNOSTICS INC$455,303
CORELOGIC INC/UNITED STATES$454,694
PLATFORM SPECIALTY PRODUCTS CORP$454,571
ASSURANT INC$454,428
PATTERSON COS INC$453,933
SENIOR HOUSING PROPERTIES TRUST$453,550
RELIANCE STEEL & ALUMINUM CO$453,535
SPX FLOW INC$453,296
T-MOBILE US INC$453,256
PRUDENTIAL FINANCIAL INC$452,914
HUNTSMAN CORP$452,752
CHARLES SCHWAB CORP/THE$452,584
CITIZENS FINANCIAL GROUP INC$452,160
KANSAS CITY SOUTHERN$452,001
STARWOOD PROPERTY TRUST INC$451,578
HUNTINGTON BANCSHARES INC/OH$451,440
DAVITA HEALTHCARE PARTNERS INC$451,162
VENTAS INC$451,044
UGI CORP$450,746
NEWELL RUBBERMAID INC$450,194
MGM RESORTS INTERNATIONAL$450,145
COMMUNICATIONS SALES & LEASING INC$449,640
HOWARD HUGHES CORP/THE$449,059
LOCKHEED MARTIN CORP$448,837
SL GREEN REALTY CORP$448,518
CENTERPOINT ENERGY INC$448,347
BAXALTA INC$448,048
GARMIN LTD$447,948
CRANE CO$447,720
MFA FINANCIAL INC$447,344
RYDER SYSTEM INC$447,309
QUANTA SERVICES INC$446,958
VOYA FINANCIAL INC$446,896
NORTHROP GRUMMAN CORP$446,607
BIO-RAD LABORATORIES INC$446,550
NABORS INDUSTRIES LTD$446,312
TWO HARBORS INVESTMENT CORP$446,048
ALEXANDRIA REAL ESTATE EQUITIES INC$445,740
STANLEY BLACK & DECKER INC$444,232
KEYSIGHT TECHNOLOGIES INC$444,135
SLM CORP$443,905
POPULAR INC$443,774
TORCHMARK CORP$443,736
BB&T CORP$443,714
ASSURED GUARANTY LTD$443,685
CORRECTIONS CORP OF AMERICA$443,520
EMPIRE STATE REALTY TRUST INC$443,430
TFS FINANCIAL CORP$443,354
GENERAL DYNAMICS CORP$442,634
FOREST CITY REALTY TRUST INC$442,514
CINCINNATI FINANCIAL CORP$442,240
AMERICAN NATIONAL INSURANCE CO$442,187
EMC CORP/MA$442,169
KILROY REALTY CORP$442,050
PROLOGIS INC$442,029
ENDURANCE SPECIALTY HOLDINGS LTD$441,480
LEAR CORP$441,193
TAHOE RESOURCES INC$441,052
ALLISON TRANSMISSION HOLDINGS INC$441,013
CABLE ONE INC$440,991
ROYAL GOLD INC$440,901
NOBLE ENERGY INC$440,798
HEWLETT PACKARD ENTERPRISE CO$440,325
THERMO FISHER SCIENTIFIC INC$440,133
LEUCADIA NATIONAL CORP$439,830
XYLEM INC/NY$439,454
TRIBUNE MEDIA CO$438,725
CARLISLE COS INC$438,640
ALLEGHANY CORP$438,588
NATIONAL OILWELL VARCO INC$438,235
VALIDUS HOLDINGS LTD$438,210
MEDNAX INC$438,080
CORPORATE OFFICE PROPERTIES TRUST$437,886
INTERACTIVE BROKERS GROUP INC$437,560
CELANESE CORP$436,624
GULFPORT ENERGY CORP$436,508
REINSURANCE GROUP OF AMERICA INC$436,216
CAMDEN PROPERTY TRUST$435,849
VWR CORP$435,786
HUBBELL INC$435,707
SPECTRA ENERGY CORP$435,686
DONALDSON CO INC$435,630
HP INC$435,385
TD AMERITRADE HOLDING CORP$435,328
DST SYSTEMS INC$435,312
TELEFLEX INC$434,970
ITC HOLDINGS CORP$434,960
TRIMBLE NAVIGATION LTD$434,860
LINCOLN ELECTRIC HOLDINGS INC$434,801
DANAHER CORP$434,751
MALLINCKRODT PLC$434,650
QUINTILES TRANSNATIONAL HOLDINGS INC$434,496
GRAPHIC PACKAGING HOLDING CO$434,160
KENNAMETAL INC$434,153
TEXTRON INC$433,884
ARRIS INTERNATIONAL PLC$433,800
CHIMERA INVESTMENT CORP$433,781
DR HORTON INC$433,646
STRYKER CORP$433,524
DISH NETWORK CORP$433,132
CROWN HOLDINGS INC$433,011
SYSCO CORP$432,990
AVANGRID INC$432,806
PENSKE AUTOMOTIVE GROUP INC$432,744
MOHAWK INDUSTRIES INC$432,718
AMERICAN CAMPUS COMMUNITIES INC$432,584
MID-AMERICA APARTMENT COMMUNITIES INC$432,558
PARAMOUNT GROUP INC$432,432
SPIRIT REALTY CAPITAL INC$432,123
STEEL DYNAMICS INC$432,075
DDR CORP$431,971
CNA FINANCIAL CORP$431,945
CONOCOPHILLIPS$431,769
VORNADO REALTY TRUST$431,750
HCP INC$431,747
PPL CORP$431,648
POST PROPERTIES INC$431,561
WR BERKLEY CORP$431,432
AVERY DENNISON CORP$431,404
DARDEN RESTAURANTS INC$431,060
CALPINE CORP$431,050
TERADATA CORP$430,485
FREEPORT-MCMORAN COPPER & GOLD INC$430,347
SVB FINANCIAL GROUP$429,780
AMERICAN WATER WORKS CO INC$429,780
AMERCO$429,769
MACQUARIE INFRASTRUCTURE CORP$429,660
BABCOCK & WILCOX ENTERPRISES INC$429,563
PACCAR INC$429,275
OLD REPUBLIC INTERNATIONAL CORP$429,184
SYNCHRONY FINANCIAL$428,906
DENTSPLY SIRONA INC$428,904
WASTE MANAGEMENT INC$428,783
COMMERCE BANCSHARES INC/MO$428,529
DUKE REALTY CORP$428,427
RAYTHEON CO$427,911
JOY GLOBAL INC$427,879
DOMTAR CORP$427,552
FIRST REPUBLIC BANK/CA$427,219
AMTRUST FINANCIAL SERVICES INC$426,972
MARKEL CORP$426,944
PILGRIM'S PRIDE CORP$426,769
WESCO INTERNATIONAL INC$426,684
ROWAN COS PLC$426,636
GENTEX CORP/MI$426,438
FNF GROUP$426,390
AGCO CORP$425,826
YAHOO! INC$425,687
TOLL BROTHERS INC$425,590
CARE CAPITAL PROPERTIES INC$425,586
OUTFRONT MEDIA INC$425,540
JONES LANG LASALLE INC$425,475
WEC ENERGY GROUP INC$425,310
ARAMARK HOLDINGS CORP$425,280
HCA HOLDINGS INC$425,209
AMERICAN FINANCIAL GROUP INC/OH$425,024
OWENS CORNING$424,902
NATIONAL FUEL GAS CO$424,600
CHICAGO BRIDGE & IRON CO NV$424,464
TUPPERWARE BRANDS CORP$424,350
TIMKEN CO$423,938
FLOWERS FOODS INC$423,750
LIBERTY BROADBAND CORP$423,720
SYNOPSYS INC$423,694
AUTODESK INC$423,332
RPC INC$423,325
ANSYS INC$423,225
INTERNATIONAL GAME TECHNOLOGY PLC$422,808
OGE ENERGY CORP$422,660
FOUR CORNERS PROPERTY TRUST INC$422,373
ALLIANT ENERGY CORP$422,370
NORTHSTAR REALTY FINANCE CORP$422,294
NU SKIN ENTERPRISES INC$422,115
FMC TECHNOLOGIES INC$422,065
COACH INC$421,794
WELLTOWER INC$421,729
BROWN-FORMAN CORP$421,701
ASHLAND INC$421,699
WASTE CONNECTIONS INC$421,627
CLEAN HARBORS INC$421,446
ARCH CAPITAL GROUP LTD$421,428
EXPEDIA INC$421,377
AMEREN CORP$421,175
MURPHY USA INC$420,858
LAM RESEARCH CORP$420,675
TELEPHONE & DATA SYSTEMS INC$420,334
BROWN-FORMAN CORP$420,160
MSC INDUSTRIAL DIRECT CO INC$419,720
ATMOS ENERGY CORP$419,540
IDEX CORP$419,200
REPUBLIC SERVICES INC$418,829
SS&C TECHNOLOGIES HOLDINGS INC$418,812
LEGG MASON INC$418,485
WHOLE FOODS MARKET INC$418,286
CMS ENERGY CORP$418,200
EASTMAN CHEMICAL CO$418,152
LEIDOS HOLDINGS INC$417,924
HILL-ROM HOLDINGS INC$417,605
LIBERTY BROADBAND CORP$417,605
NCR CORP$417,189
XILINX INC$417,032
FORD MOTOR CO$416,908
BANK OF HAWAII CORP$416,730
EDGEWELL PERSONAL CARE CO$416,610
AIR PRODUCTS & CHEMICALS INC$416,509
MANPOWERGROUP INC$416,295
CSX CORP$416,140
HANOVER INSURANCE GROUP INC/THE$416,064
LIFEPOINT HOSPITALS INC$415,970
AMERICAN ELECTRIC POWER CO INC$415,890
NASDAQ OMX GROUP INC/THE$415,863
JABIL CIRCUIT INC$415,372
INTERNATIONAL BUSINESS MACHINES CORP$415,098
NATIONAL RETAIL PROPERTIES INC$414,316
BRIXMOR PROPERTY GROUP INC$414,100
AARON'S INC$413,899
MARVELL TECHNOLOGY GROUP LTD$413,804
APARTMENT INVESTMENT & MANAGEMENT CO$413,705
ALTRIA GROUP INC$412,705
CABLEVISION SYSTEMS CORP$412,692
VECTREN CORP$412,344
CAPITAL ONE FINANCIAL CORP$411,975
WP CAREY INC$411,907
EQUITY COMMONWEALTH$411,683
QIAGEN NV$411,639
SONOCO PRODUCTS CO$411,630
TAUBMAN CENTERS INC$411,420
CLOROX CO/THE$411,328
ASSOCIATED BANC-CORP$411,180
AECOM TECHNOLOGY CORP$411,008
HELMERICH & PAYNE INC$410,622
ALLIED WORLD ASSURANCE CO HOLDINGS AG$410,476
HEALTHCARE TRUST OF AMERICA INC$410,448
ROYAL CARIBBEAN CRUISES LTD$410,167
LENNAR CORP$410,130
ORACLE CORP$410,040
FRANK'S INTERNATIONAL NV$409,856
FIRST DATA CORP$409,731
ESSEX PROPERTY TRUST INC$409,696
BAKER HUGHES INC$409,535
PROASSURANCE CORP$409,422
ORBITAL ATK INC$409,041
DRIL-QUIP INC$408,901
RETAIL PROPERTIES OF AMERICA INC$408,772
SEMPRA ENERGY$408,663
TWENTY-FIRST CENTURY FOX INC$408,508
GATX CORP$408,243
PEOPLE'S UNITED FINANCIAL INC$408,116
AXIS CAPITAL HOLDINGS LTD$408,110
REGENCY CENTERS CORP$407,512
CONAGRA FOODS INC$407,187
ARROW ELECTRONICS INC$407,106
EP ENERGY CORP$406,885
DUKE ENERGY CORP$406,796
VISTA OUTDOOR INC$406,458
FLUOR CORP$406,406
GANNETT CO INC$406,120
ASPEN INSURANCE HOLDINGS LTD$405,768
BLUE BUFFALO PET PRODUCTS INC$405,688
IHS INC$405,669
ABBOTT LABORATORIES$405,613
FITBIT INC$405,548
ON SEMICONDUCTOR CORP$405,455
SOUTHERN CO/THE$405,408
CORNING INC$405,266
KBR INC$405,218
NETAPP INC$405,161
REALTY INCOME CORP$405,007
SIGNATURE BANK/NEW YORK NY$405,000
MERCURY GENERAL CORP$404,789
MOLSON COORS BREWING CO$404,654
HOSPITALITY PROPERTIES TRUST$404,480
BWX TECHNOLOGIES INC$404,455
AQUA AMERICA INC$403,875
BEST BUY CO INC$403,734
TERRAFORM POWER INC$403,432
CONSOLIDATED EDISON INC$402,930
PUBLIC SERVICE ENTERPRISE GROUP INC$402,750
BEMIS CO INC$402,720
WHITE MOUNTAINS INSURANCE GROUP LTD$402,690
CARDINAL HEALTH INC$402,645
AMERICAN CAPITAL AGENCY CORP$402,546
COLUMBIA PROPERTY TRUST INC$402,399
DOVER CORP$402,169
BRUNSWICK CORP/DE$402,108
BOSTON PROPERTIES INC$402,016
PARKER HANNIFIN CORP$401,940
NORTHSTAR REALTY EUROPE CORP$401,929
TEGNA INC$401,800
CST BRANDS INC$401,489
CME GROUP INC/IL$401,349
CABELA'S INC$401,106
SPIRIT AEROSYSTEMS HOLDINGS INC$400,671
BROWN & BROWN INC$400,266
WEINGARTEN REALTY INVESTORS$400,195
NATIONAL INSTRUMENTS CORP$399,980
NEW YORK COMMUNITY BANCORP INC$399,796
CAMPBELL SOUP CO$399,762
AIR LEASE CORP$399,665
CIT GROUP INC$399,300
AETNA INC$399,136
PIEDMONT OFFICE REALTY TRUST INC$399,095
DTE ENERGY CO$398,992
CSRA INC$398,797
GAMESTOP CORP$398,670
SCANA CORP$398,487
AVALONBAY COMMUNITIES INC$398,434
QUESTAR CORP$398,318
ALLSTATE CORP/THE$398,309
ANNALY CAPITAL MANAGEMENT INC$397,967
SBA COMMUNICATIONS CORP$397,600
KIMCO REALTY CORP$397,338
HAWAIIAN ELECTRIC INDUSTRIES INC$397,243
WENDY'S CO/THE$397,147
AGL RESOURCES INC$397,103
NORFOLK SOUTHERN CORP$396,343
DISCOVERY COMMUNICATIONS INC$396,196
SCOTTS MIRACLE-GRO CO/THE$396,150
BROADCOM LTD$395,933
PAYCHEX INC$395,806
VIAVI SOLUTIONS INC$395,662
KOSMOS ENERGY LTD$395,486
RR DONNELLEY & SONS CO$395,440
AT&T INC$395,415
COLGATE-PALMOLIVE CO$395,352
BOOZ ALLEN HAMILTON HOLDING CORP$395,145
INGRAM MICRO INC$394,782
EQUITY RESIDENTIAL$394,497
RENAISSANCERE HOLDINGS LTD$394,467
LUMENTUM HOLDINGS INC$394,442
EVEREST RE GROUP LTD$394,042
APTARGROUP INC$394,026
TECO ENERGY INC$393,822
HERBALIFE LTD$393,652
NEWS CORP$393,646
BERKSHIRE HATHAWAY INC$393,512
KINDER MORGAN INC/DE$393,330
WHIRLPOOL CORP$393,244
PROGRESSIVE CORP/THE$392,940
TYSON FOODS INC$392,885
COLFAX CORP$392,805
ALLY FINANCIAL INC$392,079
TRAVELERS COS INC/THE$392,071
HYATT HOTELS CORP$392,071
WESTLAKE CHEMICAL CORP$391,654
LENNAR CORP$391,620
JM SMUCKER CO/THE$390,679
OCEANEERING INTERNATIONAL INC$390,108
MARATHON PETROLEUM CORP$390,096
PINNACLE WEST CAPITAL CORP$390,027
DISCOVERY COMMUNICATIONS INC$389,900
FLIR SYSTEMS INC$389,375
GOLAR LNG LTD$388,716
AMDOCS LTD$388,533
HARTFORD FINANCIAL SERVICES GROUP INC$388,462
TERADYNE INC$388,276
GENUINE PARTS CO$387,680
AUTOMATIC DATA PROCESSING INC$386,496
XEROX CORP$385,689
FRONTIER COMMUNICATIONS CORP$385,165
APPLE HOSPITALITY REIT INC$384,653
PRAXAIR INC$384,510
TRINITY INDUSTRIES INC$382,962
DICK'S SPORTING GOODS INC$382,454
REALOGY HOLDINGS CORP$382,448
CHENIERE ENERGY INC$382,347
AVNET INC$381,579
ITT INC$381,555
PROCTER & GAMBLE CO/THE$380,888
BANKUNITED INC$380,650
PUBLIC STORAGE$380,565
HARLEY-DAVIDSON INC$380,398
UDR INC$380,117
ROPER INDUSTRIES INC$379,798
ALCOA INC$379,560
OMEGA HEALTHCARE INVESTORS INC$379,210
WORLD FUEL SERVICES CORP$379,023
ARMSTRONG WORLD INDUSTRIES INC$376,285
WADDELL & REED FINANCIAL INC$376,112
KIMBERLY-CLARK CORP$374,895
RITE AID CORP$374,220
PINNACLE FOODS INC$373,482
MOSAIC CO/THE$373,404
GENESEE & WYOMING INC$373,335
NOW INC/DE$372,810
MYLAN NV$372,724
HOST HOTELS & RESORTS INC$372,526
JUNIPER NETWORKS INC$372,219
SEADRILL LTD$372,191
SEARS HOLDINGS CORP$368,495
GENERAL GROWTH PROPERTIES INC$368,119
ENSCO PLC$366,919
HUMANA INC$366,584
WALGREENS BOOTS ALLIANCE INC$366,102
CABOT CORP$365,680
BROCADE COMMUNICATIONS SYSTEMS INC$364,982
SOUTHERN COPPER CORP$364,700
JETBLUE AIRWAYS CORP$362,186
GREAT PLAINS ENERGY INC$361,832
REGAL-BELOIT CORP$361,347
UNITED STATES STEEL CORP$360,303
NUANCE COMMUNICATIONS INC$359,146
GOODYEAR TIRE & RUBBER CO/THE$358,016
ECHOSTAR CORP$357,757
3D SYSTEMS CORP$357,513
PHILLIPS 66$355,995
FOOT LOCKER INC$353,974
ALERE INC$353,908
TIFFANY & CO$353,172
UNITED STATES CELLULAR CORP$351,354
TARGET CORP$350,778
PITNEY BOWES INC$350,244
CBL & ASSOCIATES PROPERTIES INC$345,358
LIBERTY SIRIUSXM GROUP$341,223
LIBERTY SIRIUSXM GROUP$339,660
SUNPOWER CORP$333,859
DSW INC$332,212
TEREX CORP$331,043
H&R BLOCK INC$328,944
TESORO CORP$326,374
VALERO ENERGY CORP$324,371
NOBLE CORP PLC$322,758
CREE INC$321,709
PBF ENERGY INC$318,681
COPA HOLDINGS SA$315,351
COMMUNITY HEALTH SYSTEMS INC$314,362
PERRIGO CO PLC$308,605
ALLEGHENY TECHNOLOGIES INC$299,101
DILLARD'S INC$298,506
WEATHERFORD INTERNATIONAL PLC$297,330
HOLLYFRONTIER CORP$297,036
COBALT INTERNATIONAL ENERGY INC$296,576
JC PENNEY CO INC$295,241
CVR ENERGY INC$294,207
SQUARE INC$291,618
FIRST SOLAR INC$283,005
FOSSIL GROUP INC$264,765
CENTENE CORP$233,064
ENDO INTERNATIONAL PLC$219,759
OFFICE DEPOT INC$203,702
INGEVITY CORP$142,398
QUORUM HEALTH CORP$77,473
ARMSTRONG FLOORING INC$75,485
LIBERTY MEDIA GROUP$52,109
LIBERTY MEDIA GROUP$51,165
LIBERTY BRAVES GROUP$16,649
LIBERTY BRAVES GROUP$16,200
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$76,017,179
 
Other
Holding NameMarket Value
OCH-ZIFF CAPITAL$741,117
USD$70,187
S&P MID 400 EMINI EQUITY INDEX JUN16 (FAM6)$58,197
S&P500 EMINI FUTURE EQUITY INDEX JUN16 (ESM6)$13,005
LIBERTY BRAVES GROUP$2,208
USD$-15,744
 

Statistics

Portfolio Statistics As of Jun 30, 2016
Statistic3-Year5-Year
Beta1.051.04
Alpha-3.19-3.48
Standard Deviation12.1913.24
 
 

Footnotes

1.

Please read the fund's prospectus carefully for a complete summary of all fees, expenses, financial highlights, investment objectives and strategies, risks and performance information. The prospectus contains this and other information about the investment company. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus before investing. You can obtain a prospectus, statement of additional information and other information about the Vantagepoint Funds online at www.icmarc.org/vpprospectus, by calling 800-669-7400 or emailing investorservices@icmarc.org. The Vantagepoint Funds are distributed by ICMA-RC Services LLC, a wholly owned broker-dealer subsidiary of ICMA-RC and member FINRA/SIPC.

The source for this information is Morningstar, Inc. Copyright © 2016 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.