Document



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FORM 11-K
 
 
 
 
 
 
 
 
 
 
(Mark One)
 
 
 
 
 
x
ANNUAL REPORT PURSUANT TO SECTION 15(d)
 
 
OF THE SECURITIES EXCHANGE ACT OF 1934
 
 
 
 
 
 
 
For the year ended December 31, 2015
 
 
 
 
 
 
 
OR
 
 
 
 
 
 
¨
TRANSITION REPORT PURSUANT TO SECTION 15(d)
 
 
OF THE SECURITIES EXCHANGE ACT OF 1934
 
 
 
 
 
 
 
For the transition period from __________ to __________
 
 
 
 
 
 
 
 
 
 
 
 
Commission File Number: 1 - 3525
 
 
 
 
 
 
 
AMERICAN ELECTRIC POWER SYSTEM
 
 
RETIREMENT SAVINGS PLAN
 
 
(Full title of the plan)
 
 
 
 
 
 
 
 
 
 
 
 
AMERICAN ELECTRIC POWER COMPANY, INC.
 
 
1 Riverside Plaza, Columbus, Ohio 43215
 
 
(Name of issuer of the securities held
 
 
pursuant to the plan and the address
 
 
of its principal executive office)
 




TABLE OF CONTENTS
 
Page
Number
 
 
 
Signatures
 
2
 
 
 
Report of Independent Registered Public Accounting Firm
 
3
 
 
 
Financial Statements
 
 
Statements of Net Assets Available for Benefits
 
4
Statements of Changes in Net Assets Available for Benefits
 
5
Notes to Financial Statements
 
6
 
 
 
Supplemental Schedules
 
 
Schedule of Assets (Held as of End of Year)
 
19
Schedule of Assets (Acquired and Disposed of Within Year)
 
61
Schedule of Nonexempt Transactions
 
62
 
 
 
Exhibits
 
 
Exhibit Index
 
63
Consent of Independent Registered Public Accounting Firm
 
64

1



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Benefits Finance Committee has duly caused this annual report to be signed by the undersigned thereunto duly authorized.
 
 
 
By:
/s/ Lonni Dieck
 
 
 
 
Lonni Dieck, SVP and Treasurer
 
 
 
 
 
Date: June 27, 2016
 
 
 
 

2



REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Trustees and Participants of the American Electric Power System Retirement Savings Plan

We have audited the accompanying statements of net assets available for benefits of the American Electric Power System Retirement Savings Plan (the “Plan”) as of December 31, 2015 and 2014, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan's internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, such financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2015 and 2014, and the changes in net assets available for benefits for the years then ended in conformity with accounting principles generally accepted in the United States of America.

The supplemental schedules listed in the table of contents have been subjected to audit procedures performed in conjunction with the audit of the Plan's financial statements. The supplemental schedules are the responsibility of the Plan's management. Our audit procedures included determining whether the supplemental schedules reconcile to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedules. In forming our opinion on the supplemental schedules, we evaluated whether the supplemental schedules, including their form and content, are presented in compliance with the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, such schedules are fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ Deloitte & Touche LLP
Columbus, Ohio
June 27, 2016

3



AMERICAN ELECTRIC POWER SYSTEM RETIREMENT SAVINGS PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
December 31, 2015 and 2014
 
 
2015
 
2014
ASSETS
 
 
 
 
Investments at Fair Value
 
$
3,192,088,609
 
 
 
$
3,201,259,640
 
 
 
 
 
 
 
Investments at Contract Value
 
734,837,295
 
 
 
770,493,619
 
 
 
 
 
 
 
 
 
Notes Receivable from Participants
 
87,524,769
 
 
 
85,735,539
 
 
 
 
 
 
 
NET ASSETS AVAILABLE FOR BENEFITS
 
$
4,014,450,673

 
 
$
4,057,488,798

 
 
 
 
 
 
See Notes to Financial Statements beginning on page 6.
 
 
 
 

4



AMERICAN ELECTRIC POWER SYSTEM RETIREMENT SAVINGS PLAN
STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
For the Years Ended December 31, 2015 and 2014
 
 
2015
 
2014
INVESTMENT INCOME
 
 
 
 
Net Appreciation (Depreciation) in Investments
 
$
(7,668,543
)
 
$
252,616,091

Interest and Dividends
 
30,016,946
 
 
32,584,744
 
Total Investment Income
 
22,348,403
 
 
285,200,835
 
 
 
 
 
 
CONTRIBUTIONS
 
 
 
 
Participants
 
170,142,439
 
 
159,338,477
 
Employer
 
72,420,999
 
 
69,502,858
 
Total Contributions
 
242,563,438
 
 
228,841,335
 
 
 
 
 
 
DISTRIBUTIONS TO PARTICIPANTS
 
(304,736,006
)
 
(253,597,210
)
 
 
 
 
 
Administrative and Management Fees
 
 
 
 
Professional Fees
 
(639,628
)
 
(645,113
)
Investment Advisory and Management Fees
 
(6,123,841
)
 
(6,332,592
)
Other Fees
 
(427,954
)
 
(266,265
)
Total Administrative and Management Fees
 
(7,191,423
)
 
(7,243,970
)
 
 
 
 
 
INTEREST INCOME ON NOTES RECEIVABLE FROM PARTICIPANTS
 
3,977,463
 
 
3,871,300
 
 
 
 
 
 
INCREASE (DECREASE) IN NET ASSETS
 
(43,038,125
)
 
257,072,290
 
 
 
 
 
 
NET ASSETS AVAILABLE FOR BENEFITS BEGINNING OF YEAR
 
4,057,488,798
 
 
3,800,416,508
 
 
 
 
 
 
NET ASSETS AVAILABLE FOR BENEFITS END OF YEAR
 
$
4,014,450,673

 
$
4,057,488,798

 
 
 
 
 
See Notes to Financial Statements beginning on page 6.
 
 
 
 

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AMERICAN ELECTRIC POWER SYSTEM RETIREMENT SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
For the Years Ended December 31, 2015 and 2014

1. PLAN DESCRIPTION

The following description of the American Electric Power System Retirement Savings Plan (Plan) is provided for general information purposes only. Participants should refer to the Plan documents for a more complete description of the Plan’s information.

General

The Plan is a defined contribution plan that became effective and commenced operations on January 1, 1978. The Plan covers full-time and part-time employees of the participating subsidiaries of American Electric Power Company, Inc. (AEP or the Company) who are not covered through a unionized collective bargaining agreement. American Electric Power Service Corporation (AEPSC) is the plan administrator (Plan Administrator) and plan sponsor (Plan Sponsor). AEPSC is a wholly-owned subsidiary of AEP. JPMorgan Chase Bank N.A. (JPMorgan or the Trustee) is the custodian and trustee. JPMorgan Retirement Plan Services, LLC was the record keeper with respect to the Plan through August 30, 2014, when it was acquired by Great West Financial Retirement Plan Services, LLC (Empower Retirement). Empower Retirement began record keeping at the date of acquisition.

Subsequent Events

In January 2016, Dolet Hills Lignite Company, LLC (DHLC) became a participating AEP System employer whose employees became eligible to participate in the Plan. In connection with that transition, DHLC and the Plan Sponsor decided that DHLC’s 401(k) Savings Plan would be merged into the Plan and as a result $20,283,110 in assets were transferred to the Plan in 2016.

In November 2015, AEP sold its commercial barge transportation subsidiary, AEP River Operations (AEPRO), to American Commercial Barge Lines (ACBL), a nonaffiliated party. ACBL acquired AEPRO by purchasing all the common stock of AEP Resources, Inc., the parent company of AEPRO. AEP agreed to cause the Plan account balances of the participants who became employees of ACBL or its affiliates to be transferred to the 401(k) retirement plan in which they had become participants following the sale.  As a result, $62,597,637 was transferred by the Plan to the ACBL’s 401(k) Plan in February 2016.


Contributions

Newly eligible employees are automatically enrolled in the Plan with a 3% pretax deferral. Employees may opt out of the automatic enrollment or revise their elections after they are notified of their right not to have such pretax deferrals made on their behalf (or to have such pretax deferrals made at a different percentage) and how their account will be invested in the absence of their making an investment election. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA). Generally, eligible employees participating in the Plan may make contributions (pretax, after-tax or Roth 401(k) contributions) in 1% increments up to 50% of their eligible pay (within Internal Revenue Service (IRS) limits). Participants who are age 50 and older are eligible to contribute additional pretax or Roth 401(k) amounts as catch-up contributions. The catch-up contribution limit was $6,000 and $5,500 for 2015 and 2014, respectively. An employee who is eligible to participate in the Plan also

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may roll eligible retirement benefits into the Plan. The Company contributes to the Plan, on behalf of each participant, an amount equal to 100% of the participant’s non-rollover contributions up to 1% of the participant’s eligible compensation for each payroll period, plus 70% of the participant’s contributions for the next 5% of the participant’s eligible compensation for each payroll period, subject to certain limitations. All contributions that are withheld from a participant’s pay or are made by the Company are deposited in the American Electric Power System Retirement Savings Plan Trust after each pay period. The Plan, in a manner consistent with the requirements under section 401 of the Internal Revenue Code (IRC), restricts the amount that certain participants who are deemed highly compensated may contribute to the Plan, provided that it is AEPSC’s intent that the Plan include a “qualified automatic contribution arrangement” (as defined in Section 401(k)(13) of the IRC), such that only the after-tax contributions made by such highly compensated participants may be subject to such restrictions.

Investments

The investment options offered by the Plan are a series of separately managed accounts, interests in commingled and collective trusts, the AEP Stock Fund and self-directed mutual fund brokerage accounts. Affiliates of JPMorgan and Empower Retirement provide custody, trustee, recordkeeping and other services with regard to investments.

Notes Receivable from Participants

Participants may borrow from their savings plan accounts a minimum of $1,000 but no more than the lesser of $50,000 or 50% of their account balance. Loan terms range from 12 months to 60 months (or up to 180 months for certain residential loans), or any monthly increment in-between. Interest rates, fixed for the life of the loan, are calculated by adding 1% to the prime rate, as reported in the Wall Street Journal as of the first business day of the calendar month in which the loan is taken. Active employees repay principal and interest payments through payroll deductions.

Participant loans and the accrued interest are collateralized by the account balance, and upon default, the outstanding balance is subject to income taxes and possible tax penalty.

Participant Accounts

Individual accounts are maintained for each Plan participant. Each participant’s account is credited with the participant’s contributions, the Company’s matching contributions and investment earnings and losses and charged with benefit payments and allocations of Plan expenses. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s account.

Participants may transfer the value of their cumulative contributions, in any whole percentage or dollar amount, among investments, and change their investment elections on a daily basis. Participants may change their payroll contribution elections coinciding with the Company’s payroll periods.

Vesting and Distribution

Participants are immediately vested in their pretax, after-tax, Roth 401(k) and the Company matching contributions, including earnings thereon. Excluding participants’ pretax and Roth 401(k) contributions, and post-2008 Company matching contributions, all participants may make an unlimited number of withdrawals of their interest in the Plan, including their pre-2009 Company matching contributions. Pretax and Roth 401(k) contributions are eligible for

7



withdrawal by participants only after age 59-1/2, or earlier upon hardship (as defined by the Plan) or following termination of employment. Post-2008 Company matching contributions are eligible for withdrawal by participants only after age 59-1/2, or earlier following earlier termination of employment, but not upon hardship.

The AEP Stock Fund, a Plan investment option, is an Employee Stock Ownership Plan. As a result, participants can elect to have dividends generated from their AEP Stock Fund holdings paid out in cash, rather than automatically reinvested in the fund. The dividend payouts are made periodically (at least annually) and are treated as ordinary income to the participants for tax purposes.

2. ACCOUNTING POLICIES

Basis of Accounting

The accompanying financial statements are prepared on an accrual basis of accounting, in conformity with accounting principles generally accepted in the United States of America (GAAP).
    
Investment Valuation and Income Recognition

Participants direct the investment of their contributions into various investment options offered by the Plan. Investments are reported in the Statements of Net Assets Available for Benefits at fair value while fully benefit responsive investment contracts are reported at contract value. The Statement of Changes in Net Assets Available for Benefits is prepared using contract value basis. Fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Purchases and sales of securities have been recorded on a trade-date basis. Net appreciation includes the Plan’s gains or losses on investments bought or sold as well as held throughout the year. Interest income is recorded on an accrual basis. Dividends are recorded on the ex-dividend date. These amounts are reinvested by the Trustee in the funds that generated such income with the exception of the AEP Stock Fund, which pays or reinvests dividends at the direction of each participant.

Notes Receivable from Participants

Notes Receivable from Participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent participant loans are not recorded as distributions until actually distributed based on the terms of the Plan document.

Administrative and Management Fees

Administrative and Management Fees incurred relating to JPMorgan and Empower Retirement during 2015 and 2014 totaled $2,532,903 and $2,657,969, respectively. The Plan directly pays for administrative, recordkeeping and management fees.


8



Distributions to Participants

Distributions to participants are recorded when paid. There were no material amounts of distributions due to participants who requested distributions from the Plan as of December 31, 2015 and 2014.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of net assets available for benefits and changes therein and disclosure of contingent assets. Actual results could differ from the estimates.

Fair Value Measurements of Assets

The accounting guidance for “Fair Value Measurements and Disclosures” establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). AEPSC’s staff independently monitors valuation policies and procedures and provides members of the Benefits Finance Committee (BFC) and its Investment Subcommittee (IC) various monthly and quarterly reports, regarding compliance with policies and procedures. The BFC consists of AEPSC’s Chief Financial Officer, Treasurer, Chief Administrative Officer, Chief Risk Officer, Executive Vice President General Counsel in addition to the President of Energy Supply. The IC consists of AEPSC’s Treasurer, Chief Risk Officer, Director of Trusts and Investments and Managing Director of Corporate Finance.

The Plan utilizes its Trustee’s external pricing service to estimate the fair value of the underlying investments held in the Plan. The Plan’s investment managers review and validate the prices utilized by the Trustee to determine fair value. The Company performs its own valuation testing to verify the fair values of the securities, in part by reviewing audit reports of the Trustee’s operating controls and valuation processes.

Assets in the Plan are classified using the following methods. Equities are classified as Level 1 holdings if they are actively traded on exchanges. Items classified as Level 1 are investments in money market funds, fixed income and equity mutual funds and domestic equity securities. They are valued based on observable inputs primarily unadjusted quoted prices in active markets for identical assets. Items classified as Level 2 are primarily investments in individual fixed income securities and cash equivalents funds. Fixed income securities do not trade on an exchange and do not have an official closing price but their valuation inputs are based on observable market data.

The Trustee uses multiple pricing vendors for the assets held in trust. The Trustee’s pricing vendors calculate bond valuations using financial models and matrices. The models use observable inputs including yields on benchmark securities, quotes by securities brokers, rating agency actions, discounts or premiums on securities compared to par prices, changes in yields for U.S. Treasury securities, corporate actions by bond issuers, prepayment schedules and histories, economic events and, for certain securities, adjustments to yields to reflect changes in the rate of inflation. Cash equivalent funds are held to provide liquidity and meet short term cash needs. The underlying holdings in the cash funds consist of commercial paper, certificates of deposit, treasury bills, and other short-term debt securities. Short-term debt securities are valued based on observable market data by the trust banks pricing vendor. Other securities with model-derived valuation inputs that are observable are also classified as Level 2 investments. Investments with unobservable valuation inputs are classified as Level 3 investments. Plan assets included in Level

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3 are primarily real estate and emerging market investments that are valued using methods requiring judgment, including appraisals.

Equities and Registered Investment Companies are valued based on observable inputs, primarily unadjusted quoted prices in active markets for identical assets.

Investment Descriptions

Common Collective Trusts are valued at the net asset value per share (NAV) and the Managed Income Fund is valued at contract value. The basis of the reported NAV is the total fair value of all underlying holdings less expenses and liabilities. The value of each unit is determined by dividing the net asset value of the fund by the number of applicable units outstanding on the valuation date. These investments are categorized as Level 2 if they can be redeemed at the NAV price. The JPMorgan Strategic Property Fund has been categorized as a Level 3 investment since the underlying holdings are diversified real estate assets that are difficult to value and rely on unobservable inputs to measure fair value. The JPMorgan Emerging Markets Fund and the Mellon Capital Emerging Markets Stock Index Fund have been classified as Level 3 investments since the majority of the holdings are equity securities traded on foreign stock exchanges in emerging nations that may have limited liquidity.

JPMorgan US Treasury Plus Money Market Fund

The objective of this fund is to provide liquidity and meet short-term cash needs while preserving principal. The underlying holdings in the fund include U.S. Treasury obligations, including Treasury bills, bonds and notes and other obligations issued or guaranteed by the U.S. Treasury, and repurchase agreements fully collateralized by U.S. Treasury securities.

Metlife Separate Account No. 690

The objective of the fund is to exceed the performance of the Barclays Capital 1-3 year Government/Credit Index. The fund seeks to preserve principal and an above average level of income with the goal of minimizing overall portfolio risk. Fixed income securities do not trade on an exchange and do not have an official closing price.

JPMorgan US Real Estate Securities Fund

The objective of this fund is to exceed the performance of the Morgan Stanley Capital International Real Estate Investment Trust (MSCI U.S. REIT) Index. The underlying real estate investment trust equity holdings of this fund are actively traded on the major domestic stock exchanges and have readily available market quotes.

This fund was liquidated and replaced with the Mellon Capital REIT Index Fund effective August 15, 2014.

JPMorgan Emerging Markets Fund

The objective of this fund is to exceed the performance of the MSCI Emerging Markets (MSCI EM) Free Index. The majority of the underlying holdings of this fund are traded on foreign stock exchanges in emerging markets. The securities in these economies are typically less efficient and less liquid than those in developed markets.


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This fund was liquidated and replaced with the Mellon Capital Emerging Markets Stock Index Fund effective August 15, 2014.

3. NEW ACCOUNTING PRONOUNCEMENT

Upon issuance of final pronouncements, management reviews the new accounting literature to determine its relevance, if any, to the Plan. The following final pronouncement will impact the financial statements.

Accounting Standards Update (ASU) 2015-12 “Plan Accounting: Defined Contribution Pension Plans (Topic 962)” (ASU 2015-12)

In July 2015, the Financial Accounting Standards Board (FASB) issued ASU 2015-12 reducing complexity in employee benefit plan accounting consistent with its simplification initiative.  There are three parts under this new standard to take into consideration. They are as follows:

Part I amends the accounting guidance to allow fully benefit-responsive investment contracts to be measured, presented and disclosed at contract value only. This will eliminate fair value adjustments that were previously presented on the face of plan benefit financial statements and modify the reconciliation disclosure in the footnotes.

Part II amends the accounting guidance to remove the requirement to disclose individual investments that are 5% or more of net assets and net appreciation and depreciation for investments by general type.

Part III provides a practical expedient to permit plans to measure investments and investment-related accounts as of a month-end date that is closest to the plan’s fiscal year-end, when the fiscal period does not coincide with a month end.

The new accounting standard is effective for annual periods beginning after December 15, 2015.  Early adoption is permitted. Management has analyzed the impact of this new standard and determined that it did not have a material impact on the financial statements. Management adopted ASU 2015-12 upon its issuance date and applied the new standard retrospectively.

4. PLAN TERMINATION

Although it has not expressed any intent to do so, AEPSC has the right to take such actions as will allow contributions to the Plan to be discontinued at any time and to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, participants remain 100 percent vested in their accounts.

5. INVESTMENT CONTRACTS

The Managed Income Fund provides a stable value investment option that includes fully benefit-responsive wrap contracts which assure the book value of investments for plan participants. The fund’s underlying assets, which are held in a trust, utilize wrap contracts issued by four financial institutions as of December 31, 2015 and 2014. The contracts provide that participants execute plan transactions at contract value. Contract value represents contributions made to the fund, plus credited interest, less participant withdrawals, without regard to changes in the fair value of the investments and securities underlying the fund. The rates for crediting interest are reset periodically based on market rates of other similar investments, the current yield of the underlying investments and the spread between the market value and contract value. The interest crediting rate cannot be less than 0%. Certain events initiated by the Plan Sponsor, such as plan termination or a plan merger, would limit the ability of the Plan to administer participant-level transactions at contract value or may allow for the termination of the wrap contract at market value, rather than contract value.


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The Plan Sponsor does not believe that any events that may limit the ability of the plan to transact at contract value are probable as of December 31, 2015 or the date these financial statements are issued.

6. PARTY-IN-INTEREST TRANSACTIONS

Certain transactions involving the Plan and its assets involved parties in interest with respect to the Plan, but most of those transactions were not prohibited transactions under ERISA because of the applicability of one or more exemptions. The exempt party-in-interest transactions involving the Plan included the following: JPMorgan Chase Bank, N.A. has acted as trustee and custodian under the Plan, while its affiliates have acted as (a) investment managers for a number of the Plan’s investment options, (b) the Plan’s record keepers through August 30, 2014 (Empower Retirement, a non-affiliate, became the Plan’s record keeper on August 31, 2014) and (c) investment advisor or investment manager for a number of plan participants with respect to the amounts held in their Plan accounts.

As of December 31, 2015 and 2014, the Plan held 5,503,327 and 5,415,534 shares, respectively, of common stock of American Electric Power Company, Inc., the parent company of the Plan Sponsor, with a cost basis of $219,608,258 and $204,336,056, respectively. During the years ended December 31, 2015 and 2014, the Plan recorded dividend income of $12,146,882 and $12,155,855, respectively, related to its investment in that common stock.

The Plan entered into a non-exempt prohibited transaction when it made a series of overpayments to the Trustee between October 2006 and July 2014. ERISA Section 406(a)(1)(D) prohibits the use of plan assets by, or transfer of plan assets to, a party in interest (such as a fiduciary investment manager or Trustee). Although an exemption under ERISA 408(b)(2) generally is applicable to contracts with parties (such as Trustees) for services necessary for the operation of a plan where no more than reasonable compensation is paid therefor, the described payments represent the amount invoiced and paid by the Plan in excess of the amount required by the applicable contract.

The Trustee had agreed to apply different fee rates to different plan accounts, depending on the classification of the activity transacted in those accounts, and had agreed to waive normal fees with regard to other accounts. However, upon a review of the invoices generated by the Trustee, it was discovered that (a) for the period between July 2006 and July 2014, the Trustee had mistakenly applied incorrect fee rates applicable to certain accounts, and (b) between July 2009 and July 2014, it had mistakenly applied fees that it had agreed to waive. These resulted in an effective overcharge for their services. Following confirmation of the overpayments in 2014, the Plan secured repayment of the excess charges and the Trustee and Plan Sponsor are finalizing their review to confirm that the transactions are fully remediated.

The Plan is reviewing whether certain legal fees paid by the Plan in September 2012 entailed a non-exempt prohibited transaction. The Company is reviewing to confirm whether the fees did in fact relate to services for the operation of the Plan (and therefore not a prohibited transaction under ERISA). If the payment is determined to be inappropriate, the Company would contribute to the Plan to fully remediate the issue.

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7. FAIR VALUE MEASUREMENTS

For a discussion of fair value accounting and the classification of assets within the fair value hierarchy, see the “Fair Value Measurements of Assets” section of Note 2.
Plan Assets within the Fair Value Hierarchy as of December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Equities
 
 
 
 
 
 
 
 
Corporate Stocks
 
$
651,023,438

 
$

 
$

 
$
651,023,438

AEP Stock
 
320,678,864
 
 
 
 
 
 
320,678,864
 
Subtotal Equities
 
971,702,302
 
 
 
 
 
 
971,702,302
 
 
 
 
 
 
 
 
 
 
Fixed Income
 
 
 
 
 
 
 
 
Government Bonds
 
 
 
22,185,387
 
 
 
 
22,185,387
 
Corporate Debt Securities
 
 
 
12,881,747
 
 
 
 
12,881,747
 
Mortgage Backed Securities
 
 
 
13,834,151
 
 
 
 
13,834,151
 
Subtotal Fixed Income
 
 
 
48,901,285
 
 
 
 
48,901,285
 
 
 
 
 
 
 
 
 
 
Common/Collective Trusts
 
 
 
 
 
 
 
 
JPMorgan Liquidity Fund
 
 
 
12,470,523
 
 
 
 
12,470,523
 
Mellon Capital Small Cap Stock Index Fund
 
 
 
168,768,573
 
 
 
 
168,768,573
 
Mellon Capital Mid Cap Stock Index Fund
 
 
 
65,664,948
 
 
 
 
65,664,948
 
Mellon Capital Stock Index Fund
 
 
 
679,723,905
 
 
 
 
679,723,905
 
Mellon Capital International Stock Index Fund
 
 
 
390,982,224
 
 
 
 
390,982,224
 
Mellon Capital REIT Index Fund
 
 
 
26,129,855
 
 
 
 
26,129,855
 
Mellon Capital Aggregate Bond Index Fund
 
 
 
565,276,859
 
 
 
 
565,276,859
 
Mellon Capital Treasury Inflation-Protected Securities Fund
 
 
 
18,154,304
 
 
 
 
18,154,304
 
JPMorgan Strategic Property Fund
 
 
 
 
 
46,781,444
 
 
46,781,444
 
Mellon Capital Emerging Markets Stock Index Fund
 
 
 
 
 
24,600,662
 
 
24,600,662
 
Subtotal Common/Collective Trusts
 
 
 
1,927,171,191
 
 
71,382,106
 
 
1,998,553,297
 
 
 
 
 
 
 
 
 
 
Registered Investment Companies
 
159,986,702
 
 
 
 
 
 
159,986,702
 
Cash Equivalents
 
 
 
13,495,014
 
 
 
 
13,495,014
 
Accrued Items and Unsettled Trades
 
(3,656,148
)
 
3,106,157
 
 
 
 
(549,991
)
 
 
 
 
 
 
 
 
 
Total Assets Reflecting Investments at Fair Value
 
$
1,128,032,856

 
$
1,992,673,647

 
$
71,382,106

 
$
3,192,088,609


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Plan Assets within the Fair Value Hierarchy as of December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Equities
 
 
 
 
 
 
 
 
Corporate Stocks
 
$
670,804,490

 
$

 
$

 
$
670,804,490

AEP Stock
 
328,831,224
 
 
 
 
 
 
328,831,224
 
Subtotal Equities
 
999,635,714
 
 
 
 
 
 
999,635,714
 
 
 
 
 
 
 
 
 
 
Fixed Income
 
 
 
 
 
 
 
 
Government Bonds
 
 
 
20,650,454
 
 
 
 
20,650,454
 
Corporate Debt Securities
 
 
 
11,293,814
 
 
 
 
11,293,814
 
Mortgage Backed Securities
 
 
 
15,798,844
 
 
 
 
15,798,844
 
Subtotal Fixed Income
 
 
 
47,743,112
 
 
 
 
47,743,112
 
 
 
 
 
 
 
 
 
 
Common/Collective Trusts
 
 
 
 
 
 
 
 
JPMorgan Liquidity Fund
 
 
 
11,537,076
 
 
 
 
11,537,076
 
Mellon Capital Small Cap Stock Index Fund
 
 
 
186,655,588
 
 
 
 
186,655,588
 
Mellon Capital Mid Cap Stock Index Fund
 
 
 
46,993,184
 
 
 
 
46,993,184
 
Mellon Capital Stock Index Fund
 
 
 
683,575,296
 
 
 
 
683,575,296
 
Mellon Capital International Stock Index Fund
 
 
 
376,228,524
 
 
 
 
376,228,524
 
Mellon Capital REIT Index Fund
 
 
 
25,011,659
 
 
 
 
25,011,659
 
Mellon Capital Aggregate Bond Index Fund
 
 
 
562,375,327
 
 
 
 
562,375,327
 
Mellon Capital Treasury Inflation-Protected Securities Fund
 
 
 
17,061,173
 
 
 
 
17,061,173
 
JPMorgan Strategic Property Fund
 
 
 
 
 
43,471,057
 
 
43,471,057
 
Mellon Capital Emerging Markets Stock Index Fund
 
 
 
 
 
23,593,030
 
 
23,593,030
 
Subtotal Common/Collective Trusts
 
 
 
1,909,437,827
 
 
67,064,087
 
 
1,976,501,914
 
 
 
 
 
 
 
 
 
 
Registered Investment Companies
 
166,797,451
 
 
 
 
 
 
166,797,451
 
Cash Equivalents
 
 
 
14,642,032
 
 
 
 
14,642,032
 
Accrued Items and Unsettled Trades
 
(5,703,792
)
 
1,643,209
 
 
 
 
(4,060,583
)
 
 
 
 
 
 
 
 
 
Total Assets Reflecting Investments at Fair Value
 
$
1,160,729,373

 
$
1,973,466,180

 
$
67,064,087

 
$
3,201,259,640



14



The following tables set forth a summary of the Plan's investments with a reported Net Asset Value as of December 31, 2015 and 2014:
Fair Value Estimated Using Net Asset Value per Share as of December 31, 2015
 
 
 
 
 
Common/Collective Trusts
 
Fair Value
 
Redemption
Frequency
(If currently
eligible)
 
Redemption
Notice Period
JPMorgan Liquidity Fund
 
$
12,470,523
 
 
Daily
 
1 Day
Mellon Capital Small Cap Stock Index Fund
 
168,768,573
 
 
Daily
 
Trade Date + 1
Mellon Capital Mid Cap Stock Index Fund
 
65,664,948
 
 
Daily
 
Trade Date + 1
Mellon Capital Stock Index Fund
 
679,723,905
 
 
Daily
 
Trade Date + 1
Mellon Capital International Stock Index Fund
 
390,982,224
 
 
Daily
 
Trade Date + 1
Mellon Capital REIT Index Fund
 
26,129,855
 
 
Daily
 
Trade Date + 1
Mellon Capital Aggregate Bond Index Fund
 
565,276,859
 
 
Daily
 
Trade Date + 1
Mellon Capital Treasury Inflation-Protected Securities Fund
 
18,154,304
 
 
Daily
 
Trade Date + 1
JPMorgan Strategic Property Fund
 
46,781,444
 
 
Quarterly
 
45 Days
Mellon Capital Emerging Markets Stock Index Fund
 
24,600,662
 
 
Daily
 
Trade Date + 1
Total Assets
 
$
1,998,553,297
 

 
Fair Value Estimated Using Net Asset Value per Share as of December 31, 2014
 
 
 
 
 
Common/Collective Trusts
 
Fair Value
 
Redemption
Frequency
(If currently
eligible)
 
Redemption
Notice Period
JPMorgan Liquidity Fund
 
$
11,537,076
 
 
Daily
 
1 Day
Mellon Capital Small Cap Stock Index Fund
 
186,655,588
 
 
Daily
 
Trade Date + 1
Mellon Capital Mid Cap Stock Index Fund
 
46,993,184
 
 
Daily
 
Trade Date + 1
Mellon Capital Stock Index Fund
 
683,575,296
 
 
Daily
 
Trade Date + 1
Mellon Capital International Stock Index Fund
 
376,228,524
 
 
Daily
 
Trade Date + 1
Mellon Capital REIT Index Fund
 
25,011,659
 
 
Daily
 
Trade Date + 1
Mellon Capital Aggregate Bond Index Fund
 
562,375,327
 
 
Daily
 
Trade Date + 1
Mellon Capital Treasury Inflation-Protected Securities Fund
 
17,061,173
 
 
Daily
 
Trade Date + 1
JPMorgan Strategic Property Fund
 
43,471,057
 
 
Quarterly
 
45 Days
Mellon Capital Emerging Markets Stock Index Fund
 
23,593,030
 
 
Daily
 
Trade Date + 1
Total Assets
 
$
1,976,501,914
 
 
 


15



It is the Plan’s policy to record transfers in and transfers out of each level at the end of each reporting period. There have been no transfers between Level 1, Level 2, and Level 3 during the years ended December 31, 2015 and 2014.

The following tables set forth a reconciliation of changes in the fair value of investments classified as Level 3 in the fair value hierarchy:
Changes in Fair Value Measurements for the Year Ended December 31, 2015
 
 
 
 
 
 
 
 
 
JPMorgan
Strategic
Property
Fund
 
Mellon Capital
Emerging
Markets Stock
Index Fund
 
Total
Balance at Beginning of Year
 
$
43,471,057
 
 
$
23,593,030
 
 
$
67,064,087
 
 
 
 
 
 
 
 
Realized Gains (Losses)
 
292,098
 
 
(82,761
)
 
209,337
 
Unrealized Gains (Losses)
 
6,118,401
 
 
(4,051,825
)
 
2,066,576
 
Purchases
 
490,575
 
 
10,979,105
 
 
11,469,680
 
Sales
 
(3,590,687
)
 
(5,836,887
)
 
(9,427,574
)
Balance at End of Year
 
$
46,781,444
 

$
24,600,662
 
 
$
71,382,106
 
Changes in Fair Value Measurements for the Year Ended December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
JPMorgan
Strategic
Property
Fund
 
JPMorgan
Emerging
Markets
Fund
 
Mellon Capital
Emerging
Markets Stock
Index Fund
 
Total
Balance at Beginning of Year
 
$
37,903,552
 
 
$
21,301,049
 
 
$
 
 
$
59,204,601
 
 
 
 
 
 
 
 
 
 
Realized Gains (Losses)
 
149,113
 
 
6,521,839
 
 
(196,087
)
 
6,474,865
 
Unrealized Gains (Losses)
 
4,198,421
 
 
(4,309,936
)
 
(2,439,325
)
 
(2,550,840
)
Purchases
 
3,969,971
 
 
2,208,893
 
 
31,850,213
 
 
38,029,077
 
Sales
 
(2,750,000
)
 
(25,721,845
)
 
(5,621,771
)
 
(34,093,616
)
Balance at End of Year
 
$
43,471,057
 
 
$
 
 
$
23,593,030
 
 
$
67,064,087
 

8. RISK AND UNCERTAINTIES

The Plan utilizes various investment instruments, including common stock, bonds, commingled funds and investment contracts. Investment securities are exposed to various risks, such as interest rate, credit and market volatility. Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the values of investment securities will occur in the near term and that such change could materially affect the amounts reported in the financial statements.

16



9. FEDERAL INCOME TAX

The IRS has issued a favorable determination letter dated September 24, 2013 with respect to the Plan. A favorable determination letter indicates that, in the opinion of the IRS, the terms of that the Plan meets the requirements of Section 401(a) of the IRC, and thereby recognizes the exempt status of the Plan’s trust pursuant to Section 501(a) of the IRC.

The Plan has been amended subsequent to the issuance of that IRS determination letter. Plan management believes that the Plan is currently designed and operated in compliance with the applicable requirements of the IRC and that the Plan’s trust continues to be tax-exempt. Therefore, no provision for income taxes has been included in the Plan’s financial statements.

GAAP requires Plan management to evaluate tax positions taken by the Plan and to recognize a tax liability if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan Administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2015 and 2014, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions. However, there are currently no audits for any tax periods in progress. The Plan Administrator believes it is no longer subject to income tax examinations for years prior to 2012.

10. RECONCILIATION OF FINANCIAL STATEMENTS TO THE FORM 5500

The following is a reconciliation of participant loans and net assets available for benefits per the financial statements to Form 5500 as of and for the years ended December 31, 2015 and 2014, and for the year ended December 31, 2015.
 
 
January 1,
Participant Loans - Schedule H, Part I, Line 1c(8), Column (a)
 
2015
 
2014
Beginning Balance per Financial Statements
 
$
85,735,539

 
$
83,912,060

Less: Loans Deemed Distributed with No Post-Default Payments
 
(2,386,756
)
 
(2,135,738
)
Balance Reported on Form 5500
 
$
83,348,783

 
$
81,776,322

 
 
December 31,
Participant Loans - Schedule H, Part I, Line 1c(8), Column (b)
 
2015
 
2014
Ending Balance per Financial Statements
 
$
87,524,769

 
$
85,735,539

Less: Assets and Activity Related to Loans Deemed Distributed with No Post-Default Payments
 
(2,532,695
)
 
(2,386,756
)
Balance Reported on Form 5500
 
$
84,992,074

 
$
83,348,783

 
 
January 1,
Net Assets - Schedule H, Part I, Line 1l, Column (a)
 
2015
 
2014
Beginning Balance per Financial Statements
 
$
4,057,488,798
 
 
$
3,800,416,508
 
Plus: Adjustment from Contract Value to Fair Value
 
7,328,563
 
 
866,725
 
Less: Loans Deemed Distributed with No Post-Default Payments
 
(2,386,756
)
 
(2,135,738
)
Beginning Balance Reported on Form 5500
 
$
4,062,430,605
 
 
$
3,799,147,495
 

17



 
 
December 31,
Net Assets - Schedule H, Part I, Line 1l, Column (b)
 
2015
 
2014
Ending Balance per Financial Statements
 
$
4,014,450,673
 
 
$
4,057,488,798
 
Plus: Adjustment from Contract Value to Fair Value
 
 
 
7,328,563
 
Less: Assets and Activity Related to Loans Deemed Distributed with No Post-Default Payments
 
(2,532,695
)
 
(2,386,756
)
Balance Reported on Form 5500
 
$
4,011,917,978
 
 
$
4,062,430,605
 
 
 
December 31,
Increase (Decrease) in Net Assets - Schedule H, Part II, Line 2k
 
2015
 
2014
Per Financial Statements
 
$
(43,038,125
)
 
$
257,072,290
 
Plus (Less): Change in Contract Value to Fair Value
 
(7,328,563
)
 
6,461,838
 
Less: Loans Deemed Distributed
 
(145,939
)
 
(251,018
)
Reported on Form 5500
 
$
(50,512,627
)
 
$
263,283,110
 

18



AMERICAN ELECTRIC POWER SYSTEM RETIREMENT SAVINGS PLAN
PLAN #002 EIN #13-4922641
SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2015
 
 
 
 
 
 
INVESTMENT CONTRACTS:
 
 
 
Stable Value Wrap
 
 
 
  Prudential Insurance Company of America
 
 
 
  variable annual yield  (1.97 at December 31, 2015)
 
 
 
  with an indeterminate maturity date
$

 
Stable Value Wrap
 
 
 
  Met Life Inc.
 
 
 
  variable annual yield (1.28% at December 31, 2015)
 
 
 
  with an indeterminate maturity date
 

 
Stable Value Wrap
 
 
 
 Voya Life Ins. and Annuity Co.
 
 
 
  variable annual yield (1.95% at December 31, 2015)
 
 
 
  with an indeterminate maturity date
 
58,920

 
Stable Value Wrap
 
 
 
  American General Life Ins. Co.
 
 
 
  variable annual yield (1.94% at December 31, 2015)
 
 
 
  with an indeterminate maturity date
 

 
Subtotal Wrapper Contracts
$
58,920

 
 
 
 
 Shares
Identity of Issuer, Borrower, Lessor or Similar Party
 
 
 Fair Value
 
Common / Collective Trusts
 
 
 
 
Wells Fargo Fixed Income Fund N
 
$
108,630,760

 
Metlife Separate Account No 690
 
 
163,572,898

 66,337,048
JPMorgan US Treasury Plus Money Market Fund
 
 
67,054,840

 
Total Common / Collective Trusts
 
$
339,258,498

 
 
 
 
 
 
Corporate Debt Securities
 
 
 
 
AbbVie Inc, 1.8%, $290,000 par, due 5/14/2018
 
$
288,665

 
ACE INA Holdings Inc, 2.3%, $310,000 par, due 11/3/2020
 
 
307,771

 
Ally Auto Receivables Trust 2013-2, 0.79%, $440,102 par, due 1/15/2018
 
439,686

 
Ally Auto Receivables Trust 2014-3, 1.28%, $2,060,000 par, due 6/17/2019
 
2,054,152

 
Altera Corp, 2.5%, $1,400,000 par, due 11/15/2018
 
 
1,411,431

 
American Express Credit Corp, 2.25%, $1,030,000 par, due 8/15/2019
 
1,030,180

 
American Honda Finance Corp, 1.5%, $140,000 par, due 3/13/2018
 
138,974

 
American Honda Finance Corp, 1.6%, $770,000 par, due 7/13/2018
 
766,039

 
American Honda Finance Corp, 2.13%, $700,000 par, due 2/28/2017
 
707,472

 
AmeriCredit Automobile Receivables Trust 2014-2, 0.94%, $2,000,000 par, due 2/8/2019
1,992,850

 
Amex Credit Acct Mstr Trst AMXCA 2014-3 A 3.0-YR, 1.43%, $2,000,000 par, due 6/15/2020
1,996,516

 
AT&T Inc, 2.4%, $415,000 par, due 8/15/2016
 
 
417,743

 
AT&T Inc, 2.95%, $1,680,000 par, due 5/15/2016
 
 
1,690,230

 
AT&T Inc, 3%, $380,000 par, due 6/30/2022
 
 
370,887

 
Automatic Data Processing Inc, 2.25%, $720,000 par, due 9/15/2020
 
722,727

 
BA Credit Card Trust, 1.36%, $2,000,000 par, due 9/15/2020
 
 
1,986,444

 
Bank of America Corp, 3.63%, $1,085,000 par, due 3/17/2016
 
 
1,090,581

 
Bank of America Corp, 3.75%, $770,000 par, due 7/12/2016
 
 
779,655

 
Bank of America Corp, 3.88%, $1,085,000 par, due 3/22/2017
 
 
1,108,722

 
Bank of America NA, 2.05%, $800,000 par, due 12/7/2018
 
 
797,696

 
Bank of New York Mellon Corp/The, 2.1%, $750,000 par, due 8/1/2018
 
755,135

 
Bank of New York Mellon Corp/The, 2.2%, $1,000,000 par, due 3/4/2019
 
1,003,030


19



 
Bank of Nova Scotia/The, 1.7%, $1,340,000 par, due 6/11/2018
 
 
1,334,917

 
Barclays Dryrock Issuance Trust, 0.67%, $2,000,000 par, due 3/16/2020
 
1,996,816

 
Bayer US Finance LLC, 2.38%, $850,000 par, due 10/8/2019
 
 
850,534

 
Becton Dickinson and Co, 2.67%, $700,000 par, due 12/15/2019
 
703,811

 
BNP Paribas SA, 1.38%, $1,300,000 par, due 3/17/2017
 
 
1,298,742

 
BP Capital Markets PLC, 1.38%, $1,400,000 par, due 5/10/2018
 
1,379,932

 
Branch Banking & Trust Co, 2.3%, $400,000 par, due 10/15/2018
 
403,996

 
Capital Auto Receivables Asset Trust 2015-2, 1.73%, $2,200,000 par, due 9/20/2019
2,189,530

 
Capital Auto Receivables Asset Trust, 1.18%, $2,000,000 par, due 12/20/2017
 
1,998,072

 
Capital One Multi-Asset Execut, 1.26%, $1,800,000 par, due 1/15/2020
 
1,799,476

 
Capital One Multi-Asset Execution Tr, 1.48%, $1,000,000 par, due 7/15/2020
 
1,000,186

 
Capital One NA/Mclean VA, 2.35%, $450,000 par, due 8/17/2018
 
450,846

 
Cargill Inc, 6%, $1,300,000 par, due 11/27/2017
 
 
1,395,601

 
CarMax Auto Owner Trust 2015-1, 1.38%, $2,100,000 par, due 11/15/2019
 
2,090,848

 
Caterpillar Financial Services Corp, 2%, $910,000 par, due 3/5/2020
 
901,675

 
Caterpillar Financial Services Corp, 2.25%, $430,000 par, due 12/1/2019
 
431,144

 
Chase Issuance Trust, 1.38%, $1,200,000 par, due 11/15/2019
 
 
1,196,569

 
Chase Issuance Trust, 1.62%, $790,000 par, due 7/15/2020
 
 
787,314

 
Chevron Corp, 0.53%, $290,000 par, due 11/15/2017
 
 
288,645

 
Chevron Corp, 1.34%, $390,000 par, due 11/15/2017
 
 
388,773

 
Chevron Corp, 1.36%, $400,000 par, due 3/2/2018
 
 
396,799

 
Chevron Corp, 2.42%, $740,000 par, due 11/17/2020
 
 
735,838

 
Cisco Systems Inc, 2.45%, $1,260,000 par, due 6/15/2020
 
 
1,271,961

 
Citigroup Inc, 0.75%, $525,000 par, due 6/9/2016
 
 
523,453

 
Citigroup Inc, 1.7%, $700,000 par, due 4/27/2018
 
 
693,061

 
Citigroup Inc, 3.95%, $1,355,000 par, due 6/15/2016
 
 
1,373,784

 
City of Frisco TX, 2.92%, $855,000 par, due 2/15/2023
 
 
857,172

 
CNH Equipment Trust 2014-B, 0.91%, $2,000,000 par, due 5/15/2019
 
1,991,830

 
CNH Equipment Trust 2015-B, 1.37%, $2,000,000 par, due 7/15/2020
 
1,975,304

 
Commonwealth Edison Co, 4%, $1,361,000 par, due 8/1/2020
 
 
1,439,064

 
ConocoPhillips Co, 2.2%, $450,000 par, due 5/15/2020
 
 
435,444

 
Credit Suisse AG/New York NY, 1.38%, $370,000 par, due 5/26/2017
 
368,252

 
Credit Suisse AG/New York NY, 1.75%, $590,000 par, due 1/29/2018
 
588,343

 
CVS Health Corp, 2.8%, $1,000,000 par, due 7/20/2020
 
 
1,004,492

 
Daimler Finance North America LLC, 2.45%, $1,000,000 par, due 5/18/2020
 
980,800

 
Dell Equipment Finance Trust 2015-2, 1.42%, $1,000,000 par, due 12/22/2017
 
996,629

 
DIRECTV Holdings LLC / DIRECTV Financing Co Inc, 2.4%, $755,000 par, due 3/15/2017
761,075

 
Discover Card Execution Note Trust, 1.22%, $2,000,000 par, due 10/15/2019
 
1,997,788

 
Duke Energy Florida LLC, 4.55%, $1,300,000 par, due 4/1/2020
 
1,405,292

 
Duke Realty LP, 5.95%, $108,000 par, due 2/15/2017
 
 
112,762

 
Ecolab Inc, 2.25%, $830,000 par, due 1/12/2020
 
 
825,223

 
Edsouth Indenture No 2 LLC, 1.57%, $1,253,177 par, due 9/25/2040
 
1,253,110

 
Education Loan Asset-Backed Trust I, 1.22%, $795,242 par, due 6/25/2026
 
788,942

 
Educational Funding of the South Inc, 0.97%, $1,831,018 par, due 4/25/2035
 
1,992,940

 
EMC Corp/MA, 1.88%, $930,000 par, due 6/1/2018
 
 
867,763

 
EMD Finance LLC (Merck KGaA), 2.4%, $810,000 par, due 3/19/2020
 
788,493

 
Enterprise Fleet Financing LLC, 1.3%, $2,000,000 par, due 9/20/2020
 
1,992,940

 
Extended Stay America Trust 2013-ESH, 2.96%, $2,000,000 par, due 12/5/2019
2,001,768

 
Exxon Mobil Corp, 1.91%, $1,337,000 par, due 3/6/2020
 
 
1,325,824

 
FedEx Corp, 2.3%, $360,000 par, due 2/1/2020
 
 
361,391

 
Fifth Third Auto Trust 2014-2, 0.89%, $2,000,000 par, due 11/15/2018
 
1,994,868

 
Ford Credit Auto Lease Trust 2014-B, 0.89%, $2,000,000 par, due 9/15/2017
 
1,996,904

 
Ford Credit Auto Owner Trust 2014-A, 0.79%, $1,358,143 par, due 5/15/2018
 
1,356,786

 
Ford Credit Auto Owner Trust 2015-A, 1.28%, $2,000,000 par, due 9/15/2019
 
1,996,772


20



 
Ford Credit Auto Owner Trust 2015-B, 1.16%, $2,500,000 par, due 11/15/2019
 
2,481,648

 
Ford Credit Auto Owner Trust 2015-REV1, 2.12%, $1,600,000 par, due 7/15/2026
1,579,819

 
Ford Motor Credit Co LLC, 3%, $1,595,000 par, due 6/12/2017
 
 
1,610,507

 
Ford Motor Credit Co LLC, 4.25%, $435,000 par, due 2/3/2017
 
 
444,443

 
GE Capital International Funding Co, 0.96%, $2,195,000 par, due 4/15/2016
 
2,195,990

 
GE Capital International Funding Co, 2.34%, $220,000 par, due 11/15/2020
 
218,165

 
GE Dealer Floorplan Master Note Trust, 0.78%, $2,000,000 par, due 7/20/2019
 
1,997,182

 
GE Equipment Midticket LLC Series 2013-1, 0.95%, $665,800 par, due 4/22/2016
665,227

 
General Electric Capital Corp, 2.2%, $86,000 par, due 1/9/2020
 
 
86,319

 
General Mills Inc, 2.2%, $520,000 par, due 10/21/2019
 
 
520,115

 
Georgia-Pacific LLC, 2.54%, $380,000 par, due 11/15/2019
 
 
377,814

 
GlaxoSmithKline Capital PLC, 1.5%, $900,000 par, due 5/8/2017
 
903,793

 
Goldman Sachs Group Inc/The, 2.75%, $540,000 par, due 9/15/2020
 
539,645

 
Goldman Sachs Group Inc/The, 3.63%, $2,140,000 par, due 2/7/2016
 
2,145,425

 
Halliburton Co, 3.38%, $620,000 par, due 11/15/2022
 
 
610,163

 
Honda Auto Receivables 2015-1 Owner Trust, 1.05%, $2,000,000 par, due 10/15/2018
1,993,126

 
Honda Auto Receivables Owner Trust 2014-3, 0.88%, $2,100,000 par, due 6/15/2018
2,094,784

 
HSBC USA Inc, 2.38%, $1,330,000 par, due 11/13/2019
 
 
1,324,425

 
Hyundai Auto Receivables Trust 2015-B, 1.12%, $2,200,000 par, due 11/15/2019
2,183,073

 
Hyundai Capital America, 2%, $310,000 par, due 3/19/2018
 
 
306,316

 
Illinois Tool Works Inc, 1.95%, $1,000,000 par, due 3/1/2019
 
 
1,001,051

 
Intel Corp, 1.35%, $1,400,000 par, due 12/15/2017
 
 
1,401,862

 
International Business Machines Corp, 1.95%, $2,000,000 par, due 2/12/2019
 
2,009,418

 
John Deere Capital Corp, 1.6%, $640,000 par, due 7/13/2018
 
 
637,098

 
John Deere Capital Corp, 1.75%, $340,000 par, due 8/10/2018
 
 
340,088

 
JPMorgan Chase & Co, 2.25%, $620,000 par, due 1/23/2020
 
 
609,944

 
JPMorgan Chase & Co, 2.55%, $480,000 par, due 10/29/2020
 
 
475,972

 
JPMorgan Chase & Co, 3.15%, $500,000 par, due 7/5/2016
 
 
505,169

 
JPMorgan Chase & Co, 3.45%, $910,000 par, due 3/1/2016
 
 
913,797

 
Kentucky Higher Education Student Loan Corp, 0.74%, $1,253,444 par, due 6/1/2026
1,253,683

 
KeyBank NA/Cleveland OH, 1.7%, $310,000 par, due 6/1/2018
 
307,830

 
KeyBank NA/Cleveland OH, 2.25%, $550,000 par, due 3/16/2020
 
543,847

 
KeyBank NA/Cleveland OH, 2.5%, $250,000 par, due 12/15/2019
 
250,347

 
Kraft Foods Group Inc, 2.25%, $1,350,000 par, due 6/5/2017
 
 
1,359,755

 
Lockheed Martin Corp, 2.5%, $700,000 par, due 11/23/2020
 
 
695,848

 
Lowe's Cos Inc, 1.63%, $220,000 par, due 4/15/2017
 
 
221,366

 
Marathon Oil Corp, 2.7%, $1,320,000 par, due 6/1/2020
 
 
1,163,901

 
Massachusetts Health & Educational Facilities Authority, 5.26%, $1,125,000 par, due 10/1/2018
1,235,948

 
MassMutual Global Funding II, 2.1%, $1,000,000 par, due 8/2/2018
 
1,003,341

 
McDonald's Corp, 2.1%, $260,000 par, due 12/7/2018
 
 
260,167

 
Medtronic Inc, 2.5%, $420,000 par, due 3/15/2020
 
 
422,980

 
Merck & Co Inc, 3.88%, $400,000 par, due 1/15/2021
 
 
428,822

 
Micron Semiconductor Asia Pte Ltd, 1.26%, $1,692,600 par, due 1/15/2019
 
1,683,120

 
MidAmerican Energy Co, 2.4%, $530,000 par, due 3/15/2019
 
 
534,073

 
Missouri Higher Education Loan, $1,327,224 par, due 5/25/2032
 
1,287,846

 
MMAF Equipment Finance LLC 2015-A, 1.39%, $2,000,000 par, due 10/16/2019
1,984,952

 
Morgan Stanley Capital I Trust 2007-IQ13, 5.36%, $1,325,000 par, due 3/15/2044
1,360,078

 
Morgan Stanley Capital I Trust 2007-TOP27, 5.64%, $1,573,826 par, due 6/11/2042
1,644,300

 
Morgan Stanley Capital I Trust 2011-C3, 4.12%, $1,900,000 par, due 7/15/2049
 
2,021,727

 
Morgan Stanley, 4.75%, $1,380,000 par, due 3/22/2017
 
 
1,429,430

 
Morgan Stanley, 5.55%, $545,000 par, due 4/27/2017
 
 
571,836

 
Navient Student Loan Trust 2015-2, 0.84%, $2,000,000 par, due 8/27/2029
 
1,963,058

 
Nevada Power Co, 6.5%, $697,000 par, due 5/15/2018
 
 
776,321

 
New Hampshire Higher Education Loan Corp, $998,442 par, due 10/25/2028
 
995,716


21



 
New York Life Global Funding, 1.3%, $1,000,000 par, due 10/30/2017
 
995,951

 
Nissan Auto Lease Trust 2014-B, 1.12%, $2,000,000 par, due 9/15/2017
 
1,994,796

 
Ohio Phase-In-Recovery Funding LLC, 2.05%, $1,800,000 par, due 7/1/2019
 
1,802,543

 
Oracle Corp, 2.25%, $710,000 par, due 10/8/2019
 
 
717,410

 
Oracle Corp, 2.38%, $640,000 par, due 1/15/2019
 
 
649,882

 
Phillips 66, 2.95%, $1,470,000 par, due 5/1/2017
 
 
1,489,980

 
PNC Bank NA, 1.5%, $1,400,000 par, due 10/18/2017
 
 
1,397,481

 
PNC Bank NA, 2.3%, $580,000 par, due 6/1/2020
 
 
574,807

 
Praxair Inc, 2.25%, $580,000 par, due 9/24/2020
 
 
578,206

 
Public Service Electric & Gas Co, 2%, $1,400,000 par, due 8/15/2019
 
1,390,410

 
Reckitt Benckiser Treasury Services PLC, 2.13%, $900,000 par, due 9/21/2018
 
891,724

 
Rio Tinto Finance USA PLC, 2.25%, $900,000 par, due 12/14/2018
 
877,556

 
Royal Bank of Canada, 1.88%, $1,625,000 par, due 2/5/2020
 
 
1,595,370

 
SBA Small Business Investment Cos, 2.52%, $1,983,529 par, due 3/10/2025
 
2,005,644

 
SBA Small Business Investment Cos, 2.83%, $2,000,000 par, due 9/10/2025
 
2,027,404

 
SBA Small Business Investment Cos, 3.19%, $3,688,839 par, due 3/10/2024
 
3,830,970

 
SBA Small Business Investment Cos, 3.64%, $2,425,334 par, due 9/10/2023
 
2,539,769

 
Shell International Finance BV, 2.25%, $1,000,000 par, due 11/10/2020
 
985,289

 
Siemens Financieringsmaatschappij NV, 2.15%, $980,000 par, due 5/27/2020
 
970,671

 
SLCC Student Loan Trust I, 1.64%, $1,506,114 par, due 10/25/2027
 
1,509,378

 
State Street Corp, 2.55%, $700,000 par, due 8/18/2020
 
 
708,713

 
Statoil ASA, 2.25%, $920,000 par, due 11/8/2019
 
 
916,738

 
Student Loan Corp, 1.12%, $1,326,362 par, due 7/25/2036
 
 
1,308,454

 
Toronto-Dominion Bank/The, 2.13%, $1,400,000 par, due 7/2/2019
 
1,398,132

 
Toronto-Dominion Bank/The, 2.25%, $1,400,000 par, due 9/25/2019
 
1,405,160

 
Total Capital International SA, 1.55%, $995,000 par, due 6/28/2017
 
997,543

 
Toyota Auto Receivables 2014-C Owner Trust, 0.93%, $2,000,000 par, due 7/16/2018
1,995,828

 
Toyota Motor Credit Corp, 2%, $400,000 par, due 10/24/2018
 
 
402,262

 
Toyota Motor Credit Corp, 2.15%, $850,000 par, due 3/12/2020
 
849,781

 
UBS AG/Stamford CT, 2.38%, $400,000 par, due 8/14/2019
 
 
399,532

 
UBS AG/Stamford CT, 5.88%, $375,000 par, due 12/20/2017
 
 
405,037

 
Union Pacific Corp, 5.65%, $1,400,000 par, due 5/1/2017
 
 
1,473,265

 
UnitedHealth Group Inc, 1.9%, $500,000 par, due 7/16/2018
 
 
501,504

 
Verizon Communications Inc, 2%, $1,080,000 par, due 11/1/2016
 
1,086,726

 
Vermont Student Assistance Corp, 1.17%, $1,245,339 par, due 4/30/2035
 
1,209,125

 
Volkswagen Group of America Finance LLC, 1.6%, $650,000 par, due 11/20/2017
631,113

 
Volkswagen Group of America Finance LLC, 2.4%, $200,000 par, due 5/22/2020
187,227

 
Westpac Banking Corp, 2.25%, $1,075,000 par, due 11/9/2020
 
 
1,061,072

 
Westpac Banking Corp, 2.3%, $600,000 par, due 5/26/2020
 
 
596,671

 
World Omni Auto Receivables Trust 2013-B, 0.83%, $873,163 par, due 8/15/2018
871,418

 
World Omni Auto Receivables Trust 2014-A, 0.94%, $1,989,021 par, due 4/15/2019
1,983,798

 
World Omni Auto Receivables Trust 2015-A, 1.34%, $2,000,000 par, due 5/15/2020
1,990,512

 
Total Corporate Debt Securities
 
$
192,769,643

 
 
 
 
 
 
Government Bonds
 
 
 
 
Arizona School Facilities Board, 1.75%, $1,300,000 par, due 7/1/2019
$
1,299,909

 
Bear Stearns Commercial Mortgage Securities Trust 2006-PWR12, 5.71%, $1,351,516 par, due 9/11/2038
1,360,242

 
Beaver County School District, 1.76%, $1,000,000 par, due 2/1/2018
 
1,001,340

 
Coos County School District No 13 North Bend, 2.01%, $1,005,000 par, due 6/15/2020
999,161

 
County of Harris TX, 1.37%, $1,650,000 par, due 10/1/2018
 
 
1,640,331

 
County of Macomb MI, 2.69%, $1,000,000 par, due 11/1/2021
 
 
1,011,820

 
County of New Castle DE, 1%, $300,000 par, due 7/15/2016
 
 
300,234

 
Hashemite Kingdom of Jordan Government AID Bond, 2.58%, $3,150,000 par, due 6/30/2022
3,184,162

 
MSN 41079 and 41084 Ltd, 1.72%, $1,238,572 par, due 7/13/2024
 
1,206,498

 
North Carolina State Ed Assistance Auth, 1.22%, $2,026,376 par, due 7/25/2039
1,966,699

 
Petroleos Mexicanos, 0.79%, $2,227,500 par, due 2/15/2024
 
 
2,233,425

 
Petroleos Mexicanos, 2%, $980,000 par, due 12/20/2022
 
 
974,225


22



 
Petroleos Mexicanos, 2.38%, $1,900,000 par, due 4/15/2025
 
 
1,896,844

 
Petroleos Mexicanos, 2.83%, $1,848,750 par, due 2/15/2024
 
 
1,890,101

 
Phoenix 2012 LLC, 1.61%, $1,518,373 par, due 7/3/2024
 
 
1,472,104

 
State of Maryland, 1.4%, $1,250,000 par, due 8/1/2017
 
 
1,254,413

 
State of New York, 3.75%, $1,000,000 par, due 3/1/2018
 
 
1,051,400

 
State of Ohio, 3.18%, $500,000 par, due 5/1/2018
 
 
521,465

 
State of Tennessee, 2.33%, $855,000 par, due 8/1/2017
 
 
869,355

 
State of Texas, 2.84%, $1,200,000 par, due 10/1/2022
 
 
1,229,400

 
Tagua Leasing LLC, 1.58%, $1,537,497 par, due 11/16/2024
 
 
1,484,472

 
United States Small Business Administration, 2.09%, $1,408,159 par, due 11/1/2032
1,388,009

 
United States Small Business Administration, 4.14%, $1,730,488 par, due 2/1/2030
1,855,582

 
United States Treasury Inflation Indexed Bonds, 0.13%, $1,775,000 par, due 7/15/2022
1,779,985

 
United States Treasury Inflation Indexed Bonds, 0.13%, $4,330,000 par, due 7/15/2024
4,119,103

 
United States Treasury Inflation Indexed Bonds, 0.63%, $6,000,000 par, due 1/15/2024
6,046,559

 
United States Treasury Note/Bond, 1.63%, $1,750,000 par, due 7/31/2020
 
1,741,660

 
United States Treasury Note/Bond, 1.75%, $3,000,000 par, due 9/30/2022
 
2,940,468

 
United States Treasury Note/Bond, 2%, $2,000,000 par, due 2/15/2025
 
1,955,078

 
United States Treasury Note/Bond, 2%, $3,975,000 par, due 11/30/2022
 
3,953,261

 
United States Treasury Note/Bond, 2%, $5,975,000 par, due 7/31/2022
 
5,958,897

 
United States Treasury Note/Bond, 2.25%, $2,000,000 par, due 11/15/2025
 
1,995,546

 
United States Treasury Note/Bond, 2.25%, $4,400,000 par, due 11/15/2024
 
4,397,765

 
United States Treasury Note/Bond, 2.38%, $2,100,000 par, due 8/15/2024
 
2,121,903

 
Virginia College Building Authority, 4.25%, $1,000,000 par, due 2/1/2018
 
1,060,860

 
Total Government Bonds
 
$
70,162,276

 
 
 
 
 
 
Mortgage Backed Securities
 
 
 
 
Citigroup Commercial Mortgage Trust 2013-GC11, 2.69%, $2,275,000 par, due 12/10/2022
$
2,263,554

 
Fannie Mae Pool, 2%, $1,077,689 par, due 11/1/2022
 
 
1,082,448

 
Fannie Mae Pool, 2%, $1,234,871 par, due 5/1/2023
 
 
1,240,315

 
Fannie Mae Pool, 2%, $1,438,294 par, due 8/1/2023
 
 
1,444,659

 
Fannie Mae Pool, 2.11%, $3,441,151 par, due 1/1/2020
 
 
3,474,954

 
Fannie Mae Pool, 2.5%, $1,270,148 par, due 8/1/2022
 
 
1,293,549

 
Fannie Mae Pool, 2.5%, $1,309,365 par, due 11/1/2022
 
 
1,333,564

 
Fannie Mae Pool, 2.5%, $1,367,530 par, due 8/1/2023
 
 
1,392,807

 
Fannie Mae Pool, 2.5%, $1,368,208 par, due 10/1/2022
 
 
1,393,487

 
Fannie Mae Pool, 2.5%, $1,369,570 par, due 9/1/2022
 
 
1,394,866

 
Fannie Mae Pool, 2.5%, $1,409,022 par, due 1/1/2028
 
 
1,427,687

 
Fannie Mae Pool, 2.5%, $1,442,874 par, due 11/1/2022
 
 
1,469,498

 
Fannie Mae Pool, 2.5%, $1,585,507 par, due 12/1/2022
 
 
1,614,768

 
Fannie Mae Pool, 2.5%, $1,737,711 par, due 8/1/2022
 
 
1,769,777

 
Fannie Mae Pool, 2.5%, $2,343,927 par, due 2/1/2023
 
 
2,387,055

 
Fannie Mae Pool, 2.5%, $2,610,347 par, due 6/1/2023
 
 
2,658,566

 
Fannie Mae Pool, 2.5%, $651,114 par, due 8/1/2023
 
 
663,138

 
Fannie Mae Pool, 2.5%, $668,224 par, due 9/1/2023
 
 
680,562

 
Fannie Mae Pool, 2.55%, $1,652,384 par, due 8/1/2042
 
 
1,673,646

 
Fannie Mae Pool, 2.62%, $1,902,866 par, due 7/1/2042
 
 
1,932,079

 
Fannie Mae Pool, 2.65%, $4,059,058 par, due 7/1/2045
 
 
4,127,360

 
Fannie Mae Pool, 2.69%, $1,904,977 par, due 6/1/2045
 
 
1,939,669

 
Fannie Mae Pool, 2.71%, $3,263,802 par, due 6/1/2022
 
 
3,297,011

 
Fannie Mae Pool, 2.8%, $4,190,684 par, due 10/1/2021
 
 
4,308,254

 
Fannie Mae Pool, 2.86%, $1,438,646 par, due 3/1/2044
 
 
1,479,270

 
Fannie Mae Pool, 3%, $222,958 par, due 5/1/2027
 
 
230,869

 
Fannie Mae Pool, 3%, $723,708 par, due 10/1/2027
 
 
743,403

 
Fannie Mae Pool, 4%, $2,017,791 par, due 11/1/2025
 
 
2,142,567

 
Fannie Mae Pool, 4%, $2,510,678 par, due 6/1/2026
 
 
2,665,785

 
Fannie Mae Pool, 4.5%, $1,086,808 par, due 6/1/2018
 
 
1,123,060

 
Fannie Mae Pool, 4.5%, $463,152 par, due 12/1/2022
 
 
486,539


23




 
Fannie Mae Pool, 5%, $1,017,693 par, due 6/1/2023
 
 
1,092,544

 
Fannie Mae Pool, 5%, $1,532,106 par, due 3/1/2025
 
 
1,654,788

 
Fannie Mae Pool, 5%, $1,562,234 par, due 6/1/2020
 
 
1,634,726

 
Fannie Mae Pool, 5.5%, $1,287,357 par, due 9/1/2023
 
 
1,433,348

 
Fannie Mae-Aces, 0.44%, $1,835,115 par, due 5/25/2018
 
 
1,826,593

 
Fannie Mae-Aces, 2.17%, $5,000,000 par, due 9/25/2019
 
 
5,038,225

 
FHLMC K710 A2 Multifam, 1.88%, $2,000,000 par, due 5/25/2019
 
1,999,252

 
FHLMC Multifamily Structured Pass Through Certificates, 2.35%, $2,000,000 par, due 4/25/2021
2,021,824

 
FHLMC Multifamily Structured Pass Through Certificates, 2.79%, $3,800,000 par, due 1/25/2022
3,852,239

 
FHLMC Multifamily Structured Pass Through Certificates, 3.13%, $2,000,000 par, due 8/25/2047
2,068,812

 
FHLMC Multifamily Structured Passthrough, 2.7%, $2,175,000 par, due 5/25/2018
2,222,293

 
FHMS K712 A2, 1.87%, $4,125,000 par, due 11/25/2019
 
 
4,102,222


24



 
FNA 2012 - M14 ASQ2, 1.11%, $1,726,278 par, due 2/25/2017
 
 
1,728,766

 
Freddie Mac Gold Pool, 2.5%, $1,146,317 par, due 4/1/2023
 
 
1,169,294

 
Freddie Mac Gold Pool, 2.5%, $1,188,141 par, due 4/1/2023
 
 
1,211,960

 
Freddie Mac Gold Pool, 2.5%, $1,340,313 par, due 1/1/2028
 
 
1,362,790

 
Freddie Mac Gold Pool, 4%, $1,006,746 par, due 7/1/2026
 
 
1,063,431

 
Freddie Mac Gold Pool, 4.5%, $1,239,780 par, due 6/1/2025
 
 
1,331,412

 
Freddie Mac Gold Pool, 5%, $1,380,212 par, due 10/1/2020
 
 
1,462,723

 
Freddie Mac Gold Pool, 5%, $343,410 par, due 4/1/2023
 
 
368,737

 
Freddie Mac Gold Pool, 5%, $639,880 par, due 2/1/2025
 
 
685,557

 
Freddie Mac Non Gold Pool, 2.33%, $1,485,857 par, due 10/1/2043
 
1,508,599

 
Freddie Mac Non Gold Pool, 2.47%, $2,879,998 par, due 8/1/2045
 
2,911,482

 
Freddie Mac Non Gold Pool, 2.68%, $3,495,774 par, due 8/1/2045
 
3,550,458

 
Freddie Mac REMICS, 4.5%, $430,549 par, due 7/15/2032
 
 
436,002

 
Freddie Mac REMICS, 4.75%, $730,857 par, due 6/15/2035
 
 
751,412

 
Freddie Mac REMICS, 5%, $188,060 par, due 4/15/2033
 
 
189,654

 
GAHR Commercial Mortgage Trust 2015-NRF, 1.63%, $2,000,000 par, due 12/15/2016
1,993,162

 
Ginnie Mae I pool, 5%, $155,494 par, due 10/15/2019
 
 
164,188

 
Ginnie Mae II pool, 4.12%, $2,980,078 par, due 8/1/2062
 
 
3,133,114

 
Government National Mortgage Association, 3%, $507,760 par, due 3/20/2038
 
517,696

 
Government National Mortgage Association, 3.5%, $639,072 par, due 2/20/2039
664,185

 
Government National Mortgage Association, 3.5%, $857,358 par, due 1/20/2039
892,993

 
Government National Mortgage Association, 4%, $308,710 par, due 12/16/2038
 
317,492

 
Government National Mortgage Association, 4%, $309,159 par, due 5/16/2035
 
317,420

 
Government National Mortgage Association, 4%, $316,669 par, due 6/20/2040
 
330,107

 
Government National Mortgage Association, 4%, $889,422 par, due 9/20/2038
 
922,536

 
Government National Mortgage Association, 4.25%, $345,372 par, due 5/20/2039
361,621

 
Government National Mortgage Association, 4.25%, $958,668 par, due 10/20/2038
1,003,610

 
Government National Mortgage Association, 4.5%, $195,706 par, due 7/20/2038
203,838

 
Government National Mortgage Association, 4.5%, $201,016 par, due 4/20/2040
206,840

 
Government National Mortgage Association, 4.5%, $209,986 par, due 9/20/2036
210,844

 
Government National Mortgage Association, 4.5%, $413,210 par, due 5/20/2040
436,812

 
Government National Mortgage Association, 4.5%, $722,189 par, due 4/20/2036
737,066

 
Government National Mortgage Association, 5%, $482,834 par, due 5/20/2038
 
494,225

 
Government National Mortgage Association, 5.5%, $481,534 par, due 2/16/2037
499,571

 
GS Mortgage Securities Trust 2011-GC5, 3.71%, $2,000,000 par, due 8/10/2044
2,097,266

 
Helios Leasing I LLC, 1.56%, $748,371 par, due 9/28/2024
 
 
722,326

 
Hilton USA Trust 2013-HLF, 1.27%, $1,813,429 par, due 11/5/2030
 
1,804,927

 
JP Morgan Chase Commercial Mortgage Securities Trust 2011-C4, 4.39%, $1,900,000 par, due 7/15/2046
2,034,594

 
JP Morgan Chase Commercial Mortgage Securities Trust 2012-C8, 2.38%, $2,000,000 par, due 4/15/2022
1,979,778

 
JP Morgan Chase Commercial Mortgage Securities Trust 2013-LC11, 2.55%, $2,000,000 par, due 4/15/2046
1,981,724

 
Morgan Stanley Bank of America Merrill Lynch Trust 2012-C6, 0.66%, $452,024 par, due 11/15/2045
450,503

 
Morgan Stanley Bank of America Merrill Lynch Trust 2013-C9, 2.66%, $2,000,000 par, due 1/15/2023
1,991,748

 
SCG Trust 2013-SRP1, 1.73%, $1,330,000 par, due 11/15/2016
 
 
1,334,197

 
Towd Point Mortgage Trust 2015-6, 3.5%, $1,582,959 par, due 4/25/2055
 
1,592,932

 
Total Mortgage Backed Securities
 
$
133,211,224

 
 
 
 
 
 
Net Assets Pending Settlement
$
1,467,355

 
 
 
 
 
 
Subtotal Stable Value
$
736,927,916

 
 
 
 
 
 
TOTAL - INVESTMENT CONTRACTS
 
736,927,916

 
ADJUSTMENT FROM FAIR VALUE TO CONTRACT VALUE
 
(2,090,621
)
 
TOTAL - INVESTMENT CONTRACTS AT CONTRACT VALUE
$
734,837,295


25



AMERICAN ELECTRIC POWER SYSTEM RETIREMENT SAVINGS PLAN
PLAN #002 EIN #13-4922641
SCHEDULE OF ASSETS (HELD AT END OF YEAR (continued))
DECEMBER 31, 2015
 
 
 
 
 Shares
Identity of Issuer, Borrower, Lessor or Similar Party
 
 Fair Value
 
Cash Equivalents
 
 
13,495,014

Cash Equivalents
$
13,495,014

 
Total Cash Equivalents
$
13,495,014

 
 
 
 
 
Common / Collective Trusts
 
 
89,532

Mellon Capital REIT Index Fund
$
26,129,855

4,294,764

Mellon Capital Aggregate Bond Index Fund
 
565,276,859

3,018,468

Mellon Capital International Stock Index Fund
 
390,982,224

843,042

Mellon Capital Small Cap Stock Index Fund
 
168,768,573

3,174,648

Mellon Capital Stock Index Fund
 
679,723,905

341,340

Mellon Capital Mid Cap Stock Index Fund
 
65,664,948

155,377

Mellon Capital Treasury Inflation-Protected Securities Fund
 
18,154,304

324,675

Mellon Capital Emerging Markets Stock Index Fund
 
24,600,662

19,789

JPMorgan Strategic Property Fund
 
46,781,444

12,470,523

JPMorgan Liquidity Fund
 
12,470,523

 
Total Common / Collective Trusts
$
1,998,553,297

 
 
 
 
 
AEP Stock
 
 
5,503,327

American Electric Power Company, Inc. Common Stock $6.50 par value
$
320,678,864

 
Total AEP Stock
$
320,678,864

 
 
 
 
 
Corporate Stocks
 
 
6,800

3M CO COMMON STOCK USD 0.01
$
1,024,352

8,806

AARON'S INC COMMON STOCK USD 0.5
 
197,386

127,455

ABBOTT LABORATORIES COMMON STOCK USD 0
 
5,724,004

16,915

ABERCROMBIE & FITCH CO COMMON STOCK USD 0.01
 
456,705

14,352

ABM INDUSTRIES INC COMMON STOCK USD 0.01
 
408,601

8,100

ABM INDUSTRIES INC COMMON STOCK USD 0.01
 
230,607

15,900

ACCENTURE PLC COMMON STOCK USD 0.0000225
 
1,661,550

44,000

ACTIVISION BLIZZARD INC COMMON STOCK USD 0.000001
 
1,703,240

5,302

ACTUANT CORP COMMON STOCK USD 0.2
 
127,036

17,200

ACTUANT CORP COMMON STOCK USD 0.2
 
412,112

53,243

ADOBE SYSTEMS INC COMMON STOCK USD 0.0001
 
5,001,647

31,000

ADT CORP/THE COMMON STOCK 0.01
 
1,022,380

7,700

ADVANCE AUTO PARTS INC COMMON STOCK USD 0.0001
 
1,159,371

9,228

AECOM COMMON STOCK USD 0.01
 
277,117

24,346

AECOM COMMON STOCK USD 0.01
 
731,110

8,844

AEGION CORP COMMON STOCK USD 0.01
 
170,778

27,435

AES TIETE ENERGIA SA COMMON STOCK USD 0.01
 
262,553

13,100

AETNA INC COMMON STOCK USD 0.01
 
1,416,372

20,300

AGCO CORP COMMON STOCK USD 0.01
 
921,417

8,294

AIR LEASE CORP COMMON STOCK USD 0.01
 
278,103

13,748

AIR METHODS CORP COMMON STOCK USD 0.06
 
576,454

2,500

AIR PRODUCTS & CHEMICALS INC COMMON STOCK USD 1
 
327,300

8,561

AIRCASTLE LTD COMMON STOCK USD 0.01
 
178,839

15,500

AKORN INC COMMON STOCK USD 0
 
578,305

5,800

ALBEMARLE CORP COMMON STOCK USD 0.01
 
326,540

24,708

ALEXION PHARMACEUTICALS INC COMMON STOCK USD
 
4,713,051


26



50,330

ALIBABA GROUP HOLDING LTD ADR USD 0.000025
 
4,090,319

14,329

ALLERGAN PLC COMMON STOCK USD 0.0033
 
4,477,813

5,800

ALLIANCE DATA SYSTEMS CORP COMMON STOCK USD 0.01
 
1,604,106

4,000

ALLIANCE DATA SYSTEMS CORP COMMON STOCK USD 0.01
 
1,106,280

13,700

ALLSTATE CORP/THE COMMON STOCK USD 0.01
 
854,743

18,868

ALLY FINANCIAL INC COMMON STOCK USD 0.1
 
351,700

9,620

ALPHABET INC COMMON STOCK USD 0.001
 
7,300,426

8,921

ALPHABET INC COMMON STOCK USD 0.001
 
6,940,627

8,700

ALTRA INDUSTRIAL MOTION CORP
 
219,501

19,287

AMAZON.COM INC COMMON STOCK USD 0.01
 
13,035,890

20,075

AMC NETWORKS INC COMMON STOCK USD
 
1,499,201

8,200

AMDOCS LTD COMMON STOCK USD 0.01
 
448,868

14,200

AMEREN CORP COMMON STOCK USD 0.01
 
613,866

21,300

AMERICAN AIRLINES GROUP INC COMMON STOCK USD 0.01
 
902,055

10,492

AMERICAN CAPITAL AGENCY CORP REIT USD 0.01
 
184,030

7,999

AMERICAN CAPITAL MORTGAGE INVESTMENT CORP REIT USD
 
114,866

38,529

AMERICAN EAGLE OUTFITTERS INC COMMON STOCK USD
 
597,200

18,000

AMERICAN INTERNATIONAL GROUP INC COMMON STOCK USD
 
1,115,460

23,300

AMERICAN PUBLIC EDUCATION INC COMMON STOCK USD
 
433,613

20,045

AMERICAN RESIDENTIAL PROPERTIES INC REIT USD 0.01
 
378,851

29,973

AMERICAN TOWER CORP REIT USD 0.01
 
2,920,569

9,800

AMERIPRISE FINANCIAL INC COMMON STOCK USD 0.01
 
1,042,916

14,900

AMERISOURCEBERGEN CORP COMMON STOCK USD 0.01
 
1,545,279

9,900

AMGEN INC COMMON STOCK USD 0.0001
 
1,607,067

4,566

AMSURG CORP COMMON STOCK USD 0
 
347,016

10,389

AMSURG CORP COMMON STOCK USD 0
 
789,564

11,659

ANADARKO PETROLEUM CORP COMMON STOCK USD 0.1
 
566,394

10,300

ANTHEM INC COMMON STOCK USD 0.01
 
1,436,232

23,311

ANWORTH MORTGAGE ASSET CORP REIT USD 0.01
 
104,900

25,898

APOLLO INVESTMENT CORP COMMON STOCK USD 0.001
 
140,428

87,603

APPLE INC COMMON STOCK USD 0.00001
 
9,221,092

13,000

APPLE INC COMMON STOCK USD 0.00001
 
1,368,380

126,050

APPLIED MICRO CIRCUITS CORP COMMON STOCK USD 0.01
 
802,939

9,300

ARCHER-DANIELS-MIDLAND CO COMMON STOCK USD 0
 
341,124

10,477

ARES CAPITAL CORP COMMON STOCK USD 0.001
 
149,297

30,106

ARES COMMERCIAL REAL ESTATE CORP REIT USD 0.01
 
351,939

6,803

ARGO GROUP INTERNATIONAL HOLDINGS LTD COMMON STOCK
 
407,092

53,284

ARM HOLDINGS PLC ADR USD 0
 
2,410,568

130,900

ARRAY BIOPHARMA INC COMMON STOCK USD 0.001
 
552,398

93,600

ARRIS GROUP INC COMMON STOCK EUR 0.01
 
2,861,352

13,016

ARROW ELECTRONICS INC COMMON STOCK USD 1
 
705,207

31,071

ASCENA RETAIL GROUP INC COMMON STOCK USD 0.01
 
306,049

8,400

ASHLAND INC COMMON STOCK USD 0.01
 
862,680

10,500

ASPEN INSURANCE HOLDINGS LTD COMMON STOCK USD
 
507,150

1,916

ASSURANT INC COMMON STOCK USD 0.01
 
154,315

6,500

ASSURANT INC COMMON STOCK USD 0.01
 
523,510

11,705

ASSURED GUARANTY LTD COMMON STOCK USD 0.01
 
309,363

49,600

ASTRAZENECA PLC ADR USD
 
1,683,920

4,700

ATLAS AIR WORLDWIDE HOLDINGS INC COMMON STOCK USD
 
194,298

3,547

ATLASSIAN CORP PLC COMMON STOCK USD 0.1
 
106,694

289,393

ATMEL CORP COMMON STOCK EUR 0.001
 
2,491,674

41,200

ATWOOD OCEANICS INC COMMON STOCK USD 1
 
421,476

8,200

AUTOLIV INC COMMON STOCK USD 1
 
1,023,114

3,300

AVALONBAY COMMUNITIES INC REIT USD 0.01
 
611,754


27



34,200

AVNET INC COMMON STOCK USD 1
 
1,465,128

14,925

AVNET INC COMMON STOCK USD 1
 
639,387

8,821

AXIS CAPITAL HOLDINGS LTD COMMON STOCK USD 0.0125
 
499,004

6,400

B&G FOODS INC COMMON STOCK USD 0.01
 
226,368

4,200

BALL CORP COMMON STOCK USD 0
 
305,466

1,100

BANCFIRST CORP COMMON STOCK USD 1
 
64,878

64,300

BANK OF AMERICA CORP COMMON STOCK USD 0.01
 
1,082,169

10,232

BBCN BANCORP INC COMMON STOCK USD 0.001
 
176,195

49,100

BELDEN INC COMMON STOCK USD 0.01
 
2,343,318

2,361

BELDEN INC COMMON STOCK USD 0.01
 
112,692

4,600

BELDEN INC COMMON STOCK USD 0.01
 
219,558

61,300

BELMOND LTD COMMON STOCK USD 0.01
 
582,350

4,300

BERKSHIRE HILLS BANCORP INC COMMON STOCK USD 0.01
 
125,173

5,100

BIG LOTS INC COMMON STOCK USD 0.01
 
196,554

12,394

BIOGEN INC COMMON STOCK USD 0.0005
 
3,796,902

27,112

BIOMARIN PHARMACEUTICAL INC COMMON STOCK USD 0.001
 
2,840,253

10,930

BIOMED REALTY TRUST INC REIT EUR 0.01
 
258,932

12,800

BLOOMIN' BRANDS INC COMMON STOCK USD 0.01
 
216,192

16,108

BMC STOCK HOLDINGS INC COMMON STOCK USD 0.01
 
269,809

33,892

BOEING CO/THE COMMON STOCK USD 5
 
4,900,444

11,300

BOEING CO/THE COMMON STOCK USD 5
 
1,633,867

7,117

BOOZ ALLEN HAMILTON HOLDING CORP COMMON STOCK USD
 
219,559

14,900

BORGWARNER INC COMMON STOCK USD 0.01
 
644,127

82,300

BOSTON SCIENTIFIC CORP COMMON STOCK USD 0.01
 
1,517,612

62,200

BOSTON SCIENTIFIC CORP COMMON STOCK USD 0.01
 
1,146,968

74,400

BOYD GAMING CORP COMMON STOCK USD 0.01
 
1,478,328

18,600

BP PLC ADR USD
 
581,436

4,005

BRINK'S CO/THE COMMON STOCK USD 1
 
115,584

83,365

BRISTOL-MYERS SQUIBB CO COMMON STOCK USD 0.1
 
5,766,357

17,497

BRISTOW GROUP INC COMMON STOCK USD 0.01
 
453,172

32,980

BROCADE COMMUNICATIONS SYSTEMS INC COMMON STOCK
 
304,258

14,996

BROOKS AUTOMATION INC COMMON STOCK USD 0.01
 
160,157

21,098

BRUNSWICK CORP/DE COMMON STOCK USD 0.75
 
1,065,660

46,400

CABLEVISION SYSTEMS CORP COMMON STOCK USD 0.01
 
1,480,160

4,206

CABOT CORP COMMON STOCK USD 1
 
171,941

5,879

CABOT CORP COMMON STOCK USD 1
 
240,334

3,100

CACI INTERNATIONAL INC COMMON STOCK USD 0.1
 
287,618

54,300

CAE INC COMMON STOCK CAD 0
 
602,187

94,600

CAMECO CORP COMMON STOCK CAD 0
 
1,173,201

14,500

CAPITAL ONE FINANCIAL CORP COMMON STOCK USD 0.01
 
1,046,610

28,500

CAPSTEAD MORTGAGE CORP REIT USD 0.01
 
256,500

18,200

CARDINAL HEALTH INC COMMON STOCK USD 0
 
1,631,757

29,400

CARNIVAL CORP COMMON STOCK USD 0.01
 
1,601,712

6,100

CARRIZO OIL & GAS INC COMMON STOCK USD 0.01
 
180,438

13,300

CATERPILLAR INC COMMON STOCK USD 1
 
903,868

8,810

CATHAY GENERAL BANCORP COMMON STOCK USD 0.01
 
276,017

52,500

CBL & ASSOCIATES PROPERTIES INC REIT USD 0.01
 
663,338

42,128

CDW CORP/DE COMMON STOCK USD 0.01
 
1,771,061

12,201

CDW CORP/DE COMMON STOCK USD 0.01
 
512,930

4,749

CELANESE CORP COMMON STOCK USD 0.0001
 
319,750

39,682

CELGENE CORP COMMON STOCK USD 0.01
 
4,752,316

2,818

CENTENE CORP COMMON STOCK USD 0.001
 
185,453

33,900

CENTERPOINT ENERGY INC COMMON STOCK USD 0.01
 
622,404

15,400

CERNER CORP COMMON STOCK USD 0.01
 
926,618


28



7,700

CF INDUSTRIES HOLDINGS INC COMMON STOCK USD 0.01
 
314,237

16,289

CHATHAM LODGING TRUST REIT USD
 
335,228

10,145

CHECKPOINT SYSTEMS INC COMMON STOCK USD 0.1
 
63,609

4,489

CHEMED CORP COMMON STOCK USD 1
 
672,452

6,200

CHEVRON CORP COMMON STOCK USD 0.75
 
557,752

8,389

CHICO'S FAS INC COMMON STOCK USD 0.01
 
89,511

8,900

CHUBB LTD COMMON STOCK USD 24.77
 
1,045,928

429,700

CINCINNATI BELL INC COMMON STOCK USD 0.01
 
1,546,920

56,500

CISCO SYSTEMS INC COMMON STOCK USD 0.001
 
1,534,258

21,000

CIT GROUP INC COMMON STOCK USD 0.01
 
833,700

46,547

CITIGROUP INC COMMON STOCK USD 0.01
 
2,408,807

19,600

CITIGROUP INC COMMON STOCK USD 0.01
 
1,014,300

5,900

CLEAN HARBORS INC COMMON STOCK USD 0.01
 
245,735

3,700

CLEARWATER PAPER CORP COMMON STOCK USD 0.0001
 
168,461

43,311

CLOUD PEAK ENERGY INC COMMON STOCK USD 0.01
 
90,087

11,414

CLUBCORP HOLDINGS INC COMMON STOCK USD 0.01
 
210,018

46,500

COGNEX CORP COMMON STOCK USD 0.002
 
1,570,305

23,500

COGNIZANT TECHNOLOGY SOLUTIONS CORP COMMON STOCK
 
1,410,470

4,196

COHERENT INC COMMON STOCK USD 0.01
 
273,202

12,200

COLFAX CORP COMMON STOCK USD 0.001
 
284,870

21,562

COLONY CAPITAL INC REIT USD 0.01
 
428,653

4,112

COLUMBIA BANKING SYSTEM INC COMMON STOCK USD 0
 
133,681

6,043

COMMERCE BANCSHARES INC/MO COMMON STOCK USD 5
 
257,069

9,110

COMPUTER SCIENCES CORP COMMON STOCK USD 1
 
298,990

22,721

CONCHO RESOURCES INC COMMON STOCK USD 0.001
 
2,109,872

12,600

CONOCOPHILLIPS COMMON STOCK USD 0.01
 
588,294

9,400

CONSOLIDATED EDISON INC COMMON STOCK USD 0.1
 
604,138

7,406

CONVERGYS CORP COMMON STOCK USD 0
 
184,928

22,815

CONVERGYS CORP COMMON STOCK USD 0
 
569,691

27,777

COSTCO WHOLESALE CORP COMMON STOCK USD 0.005
 
4,485,986

369

CRA INTERNATIONAL INC COMMON STOCK USD 0
 
6,882

5,100

CRACKER BARREL OLD COUNTRY STORE INC COMMON STOCK
 
646,833

6,400

CROWN HOLDINGS INC COMMON STOCK USD 5
 
324,480

10,556

CROWN HOLDINGS INC COMMON STOCK USD 5
 
535,189

9,110

CSRA INC COMMON STOCK USD 0.001
 
274,211

9,456

CUBIC CORP COMMON STOCK USD 0
 
446,796

4,500

CULLEN/FROST BANKERS INC COMMON STOCK USD 0.01
 
270,000

9,600

CUMMINS INC COMMON STOCK USD 2.5
 
844,896

20,100

CUMMINS INC COMMON STOCK USD 2.5
 
1,769,001

5,326

CURTISS-WRIGHT CORP COMMON STOCK USD 1
 
364,831

5,330

CUSTOMERS BANCORP INC COMMON STOCK USD 1
 
145,083

16,311

CVB FINANCIAL CORP COMMON STOCK USD 0
 
277,939

20,700

CYRUSONE INC REIT USD 0.01
 
781,736

70,358

CYS INVESTMENTS INC REIT USD 0.01
 
501,653

38,266

CYS INVESTMENTS INC REIT USD 0.01
 
272,837

93,156

DANA HOLDING CORP COMMON STOCK USD 0.01
 
1,285,553

25,900

DARDEN RESTAURANTS INC COMMON STOCK USD 0
 
1,648,276

13,451

DEL FRISCO'S RESTAURANT GROUP INC COMMON STOCK USD
 
215,485

6,800

DELPHI AUTOMOTIVE PLC COMMON STOCK USD 0.01
 
582,964

7,144

DIAMONDBACK ENERGY INC COMMON STOCK USD 0.01
 
477,934

110,500

DIANA SHIPPING INC COMMON STOCK USD 0.01
 
480,675

2,190

DILLARD'S INC COMMON STOCK USD 0
 
144,058

20,600

DISCOVER FINANCIAL SERVICES COMMON STOCK USD 0.01
 
1,104,572

101,400

DISCOVERY COMMUNICATIONS INC COMMON STOCK USD 0.01
 
2,557,308


29



18,200

DOLLAR GENERAL CORP COMMON STOCK USD 0.875
 
1,312,038

11,700

DOLLAR TREE INC COMMON STOCK USD 0.01
 
903,474

15,000

DOVER CORP COMMON STOCK USD 1
 
919,650

9,200

DOVER CORP COMMON STOCK USD 1
 
564,052

54,100

DR HORTON INC COMMON STOCK USD 0.01
 
1,732,823

53,400

DR HORTON INC COMMON STOCK USD 0.01
 
1,710,402

20,300

DR HORTON INC COMMON STOCK USD 0.01
 
650,209

16,700

DR PEPPER SNAPPLE GROUP INC COMMON STOCK USD 0.01
 
1,565,704

12,997

DREW INDUSTRIES INC COMMON STOCK USD 0.01
 
791,387

2,606

DRIL-QUIP INC COMMON STOCK USD 0.01
 
154,353

28,600

DUKE REALTY CORP REIT USD 0.01
 
601,172

16,400

DUNKIN' BRANDS GROUP INC COMMON STOCK USD 0.001
 
698,476

15,400

DUPONT FABROS TECHNOLOGY INC REIT USD 0.001
 
496,804

57,900

DYAX CORP COMMON STOCK EUR 0.01
 
2,178,198

4,700

EASTMAN CHEMICAL CO COMMON STOCK USD 0.01
 
319,137

7,900

EASTMAN CHEMICAL CO COMMON STOCK USD 0.01
 
536,963

9,600

EDISON INTERNATIONAL COMMON STOCK USD 0
 
573,024

7,800

EDWARDS LIFESCIENCES CORP COMMON STOCK USD 1
 
616,044

11,500

EL PASO ELECTRIC CO COMMON STOCK USD 0
 
442,750

22,500

ELECTRONIC ARTS INC COMMON STOCK USD 0.01
 
1,546,200

10,800

ELECTRONIC ARTS INC COMMON STOCK USD 0.01
 
742,176

18,500

ELI LILLY & CO COMMON STOCK USD 0
 
1,558,810

21,900

EMERSON ELECTRIC CO COMMON STOCK USD 0.5
 
1,047,477

32,700

ENDOCYTE INC COMMON STOCK USD
 
131,127

19,100

ENDURANCE SPECIALTY HOLDINGS LTD COMMON STOCK USD
 
1,222,209

4,500

ENERGEN CORP COMMON STOCK USD 0.01
 
184,455

8,965

ENERSYS COMMON STOCK USD 0.01
 
501,412

11,304

ENERSYS COMMON STOCK USD 0.01
 
632,233

17,100

ENI SPA ADR USD
 
509,580

11,266

ENSIGN GROUP INC/THE COMMON STOCK USD 0.001
 
255,400

10,200

ENTERGY CORP COMMON STOCK USD 0.01
 
697,272

25,800

ENVISION HEALTHCARE HOLDINGS INC COMMON STOCK USD
 
670,026

36,066

EOG RESOURCES INC COMMON STOCK USD 0.01
 
2,553,112

8,900

EPR PROPERTIES REIT USD 0.01
 
522,897

6,032

EQUITY LIFESTYLE PROPERTIES INC REIT USD 0.01
 
404,415

11,872

ESSENDANT INC COMMON STOCK USD 0.1
 
387,621

14,626

ESSENT GROUP LTD COMMON STOCK USD 0.015
 
320,163

22,400

EXELON CORP COMMON STOCK USD 0
 
622,048

4,680

EXPEDIA INC COMMON STOCK USD 0.001
 
581,724

21,997

EXPRESS INC COMMON STOCK USD
 
380,108

16,700

EXPRESS SCRIPTS HOLDING CO COMMON STOCK USD 0.01
 
1,459,747

6,800

EXXON MOBIL CORP COMMON STOCK USD 0
 
530,060

100,936

FACEBOOK INC COMMON STOCK USD 0.000006
 
10,563,962

8,102

FEDERATED INVESTORS INC COMMON STOCK USD 0
 
232,122

13,300

FEI CO COMMON STOCK USD 0
 
1,061,207

9,352

FERROGLOBE PLC COMMON STOCK USD 7.5
 
100,534

25,700

FIBROGEN INC COMMON STOCK USD 0.01
 
783,079

27,554

FIFTH STREET FINANCE CORP COMMON STOCK USD 0.01
 
175,795

31,500

FIFTH THIRD BANCORP COMMON STOCK USD 0
 
637,245

16,713

FINISH LINE INC/THE COMMON STOCK USD 0.01
 
302,171

20,122

FIREEYE INC COMMON STOCK USD 0.0001
 
417,330

3,060

FIRST AMERICAN FINANCIAL CORP COMMON STOCK USD
 
109,854

8,384

FIRST CASH FINANCIAL SERVICES INC COMMON STOCK USD
 
313,813

882

FIRST CITIZENS BANCSHARES INC/NC COMMON STOCK USD
 
227,974


30



6,000

FIRST MERCHANTS CORP COMMON STOCK USD 0
 
152,520

14,219

FIRST MIDWEST BANCORP INC/IL COMMON STOCK USD 0.01
 
263,336

2,347

FIRST REPUBLIC BANK/CA COMMON STOCK
 
155,043

19,300

FIRSTENERGY CORP COMMON STOCK USD 0.1
 
612,389

16,100

FISERV INC COMMON STOCK USD 0.01
 
1,472,506

19,983

FLEETCOR TECHNOLOGIES INC COMMON STOCK USD 0.001
 
2,856,170

10,700

FLEETCOR TECHNOLOGIES INC COMMON STOCK USD 0.001
 
1,529,351

6,900

FLEETCOR TECHNOLOGIES INC COMMON STOCK USD 0.001
 
986,217

38,203

FLEXTRONICS INTERNATIONAL LTD COMMON STOCK USD 0
 
428,256

20,000

FLUOR CORP COMMON STOCK USD 0.01
 
949,251

9,000

FMC TECHNOLOGIES INC COMMON STOCK USD 0.01
 
261,090

12,952

FNB CORP/PA COMMON STOCK USD 0.01
 
172,780

12,386

FNF GROUP TRACKING STK USD 0.0001
 
429,423

16,900

FNF GROUP TRACKING STK USD 0.0001
 
585,923

4,128

FNFV GROUP TRACKING STK USD 0.0001
 
46,357

25,900

FOOT LOCKER INC COMMON STOCK USD 0.01
 
1,685,831

7,345

FOOT LOCKER INC COMMON STOCK USD 0.01
 
478,086

11,869

FORUM ENERGY TECHNOLOGIES INC COMMON STOCK USD
 
147,888

13,100

FORUM ENERGY TECHNOLOGIES INC COMMON STOCK USD
 
163,226


FOUR CORNERS PROPERTY TRUST INC REIT
 

29,200

FRANKLIN RESOURCES INC COMMON STOCK USD 0.1
 
1,080,400

69

FRESH DEL MONTE PRODUCE INC COMMON STOCK USD 0.01
 
2,683

8,018

FTD COS INC COMMON STOCK USD 0.0001
 
209,831

4,186

FTI CONSULTING INC COMMON STOCK USD 0.01
 
145,087

19,000

FULTON FINANCIAL CORP COMMON STOCK USD 2.5
 
248,900

3,183

G&K SERVICES INC COMMON STOCK USD 0.5
 
200,211

51,900

GANNETT CO INC COMMON STOCK USD 0.01
 
853,755

10,300

GENERAL DYNAMICS CORP COMMON STOCK USD 1
 
1,414,808

2,900

GENESCO INC COMMON STOCK USD 1
 
164,807

4,471

GENESEE & WYOMING INC COMMON STOCK USD 0.01
 
240,048

2,500

GERMAN AMERICAN BANCORP INC COMMON STOCK USD 0
 
83,300

21,600

GLOBAL PAYMENTS INC COMMON STOCK USD 0
 
1,393,416

13,053

GOLDMAN SACHS GROUP INC/THE COMMON STOCK USD 0.01
 
2,352,542

5,500

GOLDMAN SACHS GROUP INC/THE COMMON STOCK USD 0.01
 
991,265

53,500

GOODYEAR TIRE & RUBBER CO/THE COMMON STOCK USD 0
 
1,747,845

31,800

GRAND CANYON EDUCATION INC COMMON STOCK USD 0.01
 
1,275,816

7,934

GRANITE CONSTRUCTION INC COMMON STOCK USD 0.01
 
341,479

71,759

GRAPHIC PACKAGING HOLDING CO COMMON STOCK USD 0.01
 
924,298

24,000

GREAT PLAINS ENERGY INC COMMON STOCK USD 0
 
655,440

9,883

GREAT WESTERN BANCORP INC COMMON STOCK USD 0.01
 
286,805

3,094

GROUP 1 AUTOMOTIVE INC COMMON STOCK USD 0.01
 
234,216


H&R BLOCK INC COMMON STOCK USD 0
 
7,660

737

HANCOCK HOLDING CO COMMON STOCK USD 3.33
 
18,550

10,432

HANGER INC COMMON STOCK USD 0.01
 
171,606

7,381

HANGER INC COMMON STOCK USD 0.01
 
121,417

2,432

HANOVER INSURANCE GROUP INC/THE COMMON STOCK USD
 
197,819

12,300

HARLEY-DAVIDSON INC COMMON STOCK USD 0.01
 
558,297

17,100

HARMAN INTERNATIONAL INDUSTRIES INC COMMON STOCK
 
1,610,991

180,700

HARMONIC INC COMMON STOCK USD 0.001
 
735,449

3,505

HARRIS CORP COMMON STOCK USD 1
 
304,585

20,993

HARSCO CORP COMMON STOCK USD 1.25
 
165,425

22,800

HARTFORD FINANCIAL SERVICES GROUP INC/THE COMMON
 
995,676

28,649

HATTERAS FINANCIAL CORP REIT USD 0.001
 
389,778

9,523

HB FULLER CO COMMON STOCK USD 1
 
347,304


31



35,100

HD SUPPLY HOLDINGS INC COMMON STOCK USD 0.01
 
1,054,053

6,644

HEALTHSOUTH CORP COMMON STOCK USD 0.01
 
232,806

8,382

HEIDRICK & STRUGGLES INTERNATIONAL INC COMMON
 
228,158

12,442

HELIX ENERGY SOLUTIONS GROUP INC COMMON STOCK USD
 
65,445

8,200

HELMERICH & PAYNE INC COMMON STOCK USD 0.1
 
439,110

20,900

HERMAN MILLER INC COMMON STOCK USD 0.2
 
602,588

10,600

HESS CORP COMMON STOCK USD 1
 
513,888

38,000

HEXCEL CORP COMMON STOCK USD 0.01
 
1,765,100

5,061

HIBBETT SPORTS INC COMMON STOCK USD 0.01
 
153,045

8,269

HILLENBRAND INC COMMON STOCK USD 0
 
245,010

3,919

HILL-ROM HOLDINGS INC COMMON STOCK USD 0
 
188,347

13,767

HOME DEPOT INC/THE COMMON STOCK USD 0.05
 
1,820,686

13,100

HOME DEPOT INC/THE COMMON STOCK USD 0.05
 
1,732,475

38,301

HUNTINGTON BANCSHARES INC/OH COMMON STOCK USD 0.01
 
426,322

4,331

HUNTINGTON INGALLS INDUSTRIES INC COMMON STOCK USD
 
549,387

1,514

HUNTINGTON INGALLS INDUSTRIES INC COMMON STOCK USD
 
192,051

8,836

HUNTSMAN CORP COMMON STOCK USD 0.01
 
100,465

13,900

IAC/INTERACTIVECORP COMMON STOCK USD 0.001
 
834,695

3,897

IAC/INTERACTIVECORP COMMON STOCK USD 0.001
 
234,015

32,000

ICON PLC COMMON STOCK USD 0.06
 
2,486,400

6,669

ICON PLC COMMON STOCK USD 0.06
 
518,181

19,564

ILLUMINA INC COMMON STOCK USD 0.01
 
3,755,212

25,600

IMAX CORP COMMON STOCK USD 0
 
909,824

65,700

IMMUNOGEN INC COMMON STOCK USD 0.01
 
891,549

47,400

IMS HEALTH HOLDINGS INC COMMON STOCK USD 0.01
 
1,207,278

215,823

INDUSTRIA DE DISENO TEXTIL SA ADR USD
 
3,722,947

55,000

INFINITY PHARMACEUTICALS INC COMMON STOCK USD
 
431,750

1,857

INFINITY PROPERTY & CASUALTY CORP COMMON STOCK USD
 
152,701

17,169

INGRAM MICRO INC COMMON STOCK USD 0.01
 
521,594

3,200

INGREDION INC COMMON STOCK USD 0.01
 
308,128

5,395

INSIGHT ENTERPRISES INC COMMON STOCK USD 0.01
 
135,522

9,600

INSIGHT ENTERPRISES INC COMMON STOCK USD 0.01
 
241,152

5,362

INTEGRA LIFESCIENCES HOLDINGS CORP COMMON STOCK
 
363,436

29,068

INTEGRATED DEVICE TECHNOLOGY INC COMMON STOCK USD
 
765,942

44,700

INTEL CORP COMMON STOCK USD 0.001
 
1,539,915

2,600

INTERCONTINENTALEXCHANGE INC
 
666,276

8,400

INTERNATIONAL PAPER CO COMMON STOCK USD 1
 
316,680

15,800

INTERNATIONAL SPEEDWAY CORP COMMON STOCK USD 0.01
 
532,776

3,481

INTERNATIONAL SPEEDWAY CORP COMMON STOCK USD 0.01
 
117,379

68,900

INTERXION HOLDING NV COMMON STOCK USD 0.1
 
2,077,335

20,975

INVESTORS BANCORP INC COMMON STOCK USD 0.01
 
260,929

50,700

IONIS PHARMACEUTIC COMMON STOCK USD 0.001
 
3,139,851

90,100

IRIDIUM COMMUNICATIONS INC COMMON STOCK USD 0.001
 
757,741

23,400

JACOBS ENGINEERING GROUP INC COMMON STOCK USD 1
 
981,630

59,500

JANUS CAPITAL GROUP INC COMMON STOCK USD 0.01
 
838,355

85,900

JANUS CAPITAL GROUP INC COMMON STOCK USD 0.01
 
1,210,331

4,700

JAZZ PHARMACEUTICALS PLC COMMON STOCK USD 0.0001
 
660,632

14,800

JOHNSON & JOHNSON COMMON STOCK USD 1
 
1,520,256

16,700

JPMORGAN CHASE & CO COMMON STOCK USD 1
 
1,102,701

7,371

KANSAS CITY SOUTHERN COMMON STOCK USD 0.01
 
552,825

21,300

KANSAS CITY SOUTHERN COMMON STOCK USD 0.01
 
1,597,500

12,407

KAR AUCTION SERVICES INC COMMON STOCK USD 0.01
 
462,820

76,900

KEYCORP COMMON STOCK USD 1
 
1,014,311

18,400

KEYSIGHT TECHNOLOGIES INC COMMON STOCK USD
 
521,272


32



14,595

KINDRED HEALTHCARE INC COMMON STOCK USD 0.25
 
173,826

9,087

KNOLL INC COMMON STOCK USD 0.01
 
170,836

25,565

KOSMOS ENERGY LTD COMMON STOCK USD 0.01
 
132,938

4,800

L BRANDS INC COMMON STOCK USD 0.5
 
459,936

2,600

LAKELAND FINANCIAL CORP COMMON STOCK USD 0
 
121,212

14,700

LAM RESEARCH CORP COMMON STOCK USD 0.001
 
1,171,584

50,250

LAM RESEARCH CORP COMMON STOCK USD 0.001
 
4,005,930

10,672

LAMAR ADVERTISING CO REIT USD 0.001
 
640,107

2,386

LANDSTAR SYSTEM INC COMMON STOCK USD 0.01
 
139,939

48,700

LAS VEGAS SANDS CORP COMMON STOCK USD 0.001
 
2,135,008

4,317

LEAR CORP COMMON STOCK USD 0.01
 
530,257

22,041

LENDINGCLUB CORP COMMON STOCK USD 0.01
 
243,553

21,917

LEUCADIA NATIONAL CORP COMMON STOCK USD 1
 
381,137

55,626

LEVEL 3 COMMUNICATIONS INC COMMON STOCK USD 0.01
 
3,023,829

5,100

LEXMARK INTERNATIONAL INC COMMON STOCK USD 0.01
 
165,495

10,100

LIBERTY MEDIA CORP COMMON STOCK EUR 0.01
 
396,425

20,200

LIBERTY MEDIA CORP COMMON STOCK EUR 0.01
 
769,216

3,607

LIFEPOINT HEALTH INC COMMON STOCK USD 0.01
 
264,754

19,900

LINCOLN NATIONAL CORP COMMON STOCK USD 0
 
1,000,174

20,700

LINCOLN NATIONAL CORP COMMON STOCK USD 0
 
1,040,382

17,602

LINCOLN NATIONAL CORP COMMON STOCK USD 0
 
884,677

20,140

LINKEDIN CORP COMMON STOCK USD 0.0001
 
4,533,111

11,410

LIVE NATION ENTERTAINMENT INC COMMON STOCK USD
 
280,344

7,200

LOCKHEED MARTIN CORP COMMON STOCK USD 1
 
1,563,480

8,300

LTC PROPERTIES INC REIT USD 0.01
 
358,062

9,000

LULULEMON ATHLETICA INC COMMON STOCK USD 0.005
 
472,230

41,939

LUMENTUM HOLDINGS INC COMMON STOCK USD 0.001
 
923,497

3,400

LYONDELLBASELL INDUSTRIES NV COMMON STOCK USD 0.04
 
295,460

7,300

M&T BANK CORP COMMON STOCK USD 0.5
 
884,614

26,400

MACROGENICS INC COMMON STOCK USD 0.01
 
817,608

6,900

MADISON SQUARE GARDEN CO/THE COMMON STOCK USD 0.01
 
1,116,420

55,139

MAIDEN HOLDINGS LTD COMMON STOCK USD 0.01
 
829,842

3,940

MANPOWERGROUP INC COMMON STOCK USD 0.01
 
332,103

3,500

MARKETAXESS HOLDINGS INC COMMON STOCK USD 0.003
 
390,565

57,295

MARRIOTT INTERNATIONAL INC/MD COMMON STOCK USD
 
3,841,057

62,500

MARVELL TECHNOLOGY GROUP LTD COMMON STOCK USD
 
551,250

88,484

MASTERCARD INC COMMON STOCK USD 0.0001
 
8,614,802

4,790

MATERION CORP COMMON STOCK USD 0
 
134,120

3,897

MAXIMUS INC COMMON STOCK USD 0
 
219,206

18,318

MCDONALD'S CORP COMMON STOCK USD 0.01
 
2,164,089

29,483

MCGRAW HILL FINANCIAL INC COMMON STOCK 1
 
2,906,434

67,300

MEDIA GENERAL INC COMMON STOCK USD 0
 
1,086,895

24,500

MEDICINES CO/THE COMMON STOCK USD 0.001
 
914,830

9,806

MEMORIAL RESOURCE DEVELOPMENT CORP COMMON STOCK
 
158,367

29,886

MEN'S WEARHOUSE INC/THE COMMON STOCK EUR 0.01
 
438,726

28,400

MERCK & CO INC COMMON STOCK USD 0.5
 
1,513,152

20,400

METLIFE INC COMMON STOCK USD 0.01
 
983,484

64,804

MFA FINANCIAL INC REIT USD 0.01
 
440,667

94,200

MFA FINANCIAL INC REIT USD 0.01
 
640,560

70,700

MICHAELS COS INC/THE COMMON STOCK USD 0.06775
 
1,563,177

12,000

MICROSEMI CORP COMMON STOCK USD 0.2
 
391,080

57,270

MICROSOFT CORP COMMON STOCK USD 0.00000625
 
3,177,340

28,800

MICROSOFT CORP COMMON STOCK USD 0.00000625
 
1,597,824

5,074

MINERALS TECHNOLOGIES INC COMMON STOCK USD 0.1
 
232,694


33



6,100

MINERALS TECHNOLOGIES INC COMMON STOCK USD 0.1
 
279,746

9,100

MOHAWK INDUSTRIES INC COMMON STOCK USD 0.01
 
1,723,449

7,000

MOHAWK INDUSTRIES INC COMMON STOCK USD 0.01
 
1,325,730

122,758

MONDELEZ INTERNATIONAL INC COMMON STOCK USD 0
 
5,525,338

22,313

MONSANTO CO COMMON STOCK USD 0.01
 
2,198,277

4,800

MONSTER BEVERAGE CORP COMMON STOCK USD
 
715,008

4,923

MOOG INC COMMON STOCK USD 1
 
298,334

110,984

MORGAN STANLEY COMMON STOCK USD 0.01
 
3,530,401

32,100

MORGAN STANLEY COMMON STOCK USD 0.01
 
1,021,101

14,705

MRC GLOBAL INC COMMON STOCK USD 0.01
 
189,695

20,700

MSG NETWORKS INC COMMON STOCK USD 0.01
 
430,560

3,808

MUELLER INDUSTRIES INC COMMON STOCK USD 0.01
 
103,197

13,151

MULTI PACKAGING SOLUTIONS INTERNATIONAL LTD COMMON
 
228,170

23,900

MURPHY OIL CORP COMMON STOCK USD 1
 
536,555

25,600

MURPHY OIL CORP COMMON STOCK USD 1
 
574,720


MYERS INDUSTRIES INC COMMON STOCK USD 0
 
725

17,000

MYLAN NV COMMON STOCK USD 0.0100
 
919,190

35,500

MYRIAD GENETICS INC COMMON STOCK USD 0.01
 
1,532,180

57,900

NABORS INDUSTRIES LTD COMMON STOCK USD 0.001
 
492,729

20,766

NATIONSTAR MORTGAGE HOLDINGS INC COMMON STOCK USD
 
277,641

31,877

NAVIENT CORP COMMON STOCK USD 0.01
 
364,992

27,061

NAVIGANT CONSULTING INC COMMON STOCK USD 0.001
 
434,600

13,733

NAVIGANT CONSULTING INC COMMON STOCK USD 0.001
 
220,552

4,118

NELNET INC COMMON STOCK USD 0.01
 
138,241

57,368

NETFLIX INC COMMON STOCK USD 0.001
 
6,561,752

38,900

NEWELL BRANDS INC
 
1,714,712

42,680

NIELSEN HOLDINGS PLC COMMON STOCK USD 0.07
 
1,988,888

115,746

NIKE INC COMMON STOCK USD 1
 
7,252,644

10,119

NORDSTROM INC COMMON STOCK USD 0
 
504,027

11,100

NORTHERN TRUST CORP COMMON STOCK USD 1.667
 
803,583

8,900

NORTHROP GRUMMAN CORP COMMON STOCK USD 1
 
1,680,409

24,600

NORWEGIAN CRUISE LINE HOLDINGS LTD COMMON STOCK
 
1,441,560

68,725

NOVO NORDISK A/S ADR USD
 
3,991,548

59,000

NRG ENERGY INC COMMON STOCK USD 0.01
 
694,430

7,733

NU SKIN ENTERPRISES INC COMMON STOCK USD 0.001
 
293,003

50,100

NVIDIA CORP COMMON STOCK USD 0.001
 
1,651,296

26,205

NXP SEMICONDUCTORS NV COMMON STOCK USD
 
2,207,771

8,100

OCCIDENTAL PETROLEUM CORP COMMON STOCK USD 0.2
 
553,716

860

OCEANFIRST FINANCIAL CORP COMMON STOCK USD 0.01
 
17,226

6,900

OIL STATES INTERNATIONAL INC COMMON STOCK USD 0.01
 
188,025

27,500

OLD DOMINION FREIGHT LINE INC COMMON STOCK USD 0.1
 
1,624,425

48,363

ON SEMICONDUCTOR CORP COMMON STOCK USD 0.01
 
473,957

4,186

OWENS & MINOR INC COMMON STOCK USD 2
 
150,612

32,200

OWENS-ILLINOIS INC COMMON STOCK USD 0.01
 
560,924

2,693

PACIFIC CONTINENTAL CORP COMMON STOCK USD 0
 
40,072

8,065

PACKAGING CORP OF AMERICA COMMON STOCK USD 0.01
 
512,934

8,800

PACKAGING CORP OF AMERICA COMMON STOCK USD 0.01
 
559,680

6,533

PALO ALTO NETWORKS INC COMMON STOCK USD 0.0001
 
1,150,723

2,860

PAREXEL INTERNATIONAL CORP COMMON STOCK USD 0.01
 
194,823

9,250

PARKER-HANNIFIN CORP COMMON STOCK USD 0.5
 
897,065

37,345

PARSLEY ENERGY INC COMMON STOCK USD 0.01
 
689,015

2,539

PARTNERRE LTD COMMON STOCK BMD 1
 
354,800

4,190

PDC ENERGY INC COMMON STOCK USD 0.01
 
223,662

5,600

PENTAIR PLC COMMON STOCK USD 0.01
 
277,368


34



11,700

PERKINELMER INC COMMON STOCK USD 1
 
626,769

42,900

PFIZER INC COMMON STOCK USD 0.05
 
1,384,812

17,800

PG&E CORP COMMON STOCK USD 0
 
954,881

23,816

PHH CORP COMMON STOCK USD 0.01
 
385,819

16,400

PHILIP MORRIS INTERNATIONAL INC COMMON STOCK USD 0
 
1,458,452

18,600

PIER 1 IMPORTS INC COMMON STOCK USD 0.001
 
94,674

5,018

PINNACLE FINANCIAL PARTNERS INC COMMON STOCK USD 1
 
257,724

9,600

PINNACLE WEST CAPITAL CORP COMMON STOCK USD 0
 
619,008

15,000

PINNACLE WEST CAPITAL CORP COMMON STOCK USD 0
 
967,200

48,600

PITNEY BOWES INC COMMON STOCK USD 1
 
1,003,590

9,500

PLANTRONICS INC COMMON STOCK USD 0.01
 
450,490

5,689

PNM RESOURCES INC COMMON STOCK USD 0
 
173,913

41,500

POLYCOM INC COMMON STOCK USD 0.0005
 
522,485

11,800

PORTLAND GENERAL ELECTRIC CO COMMON STOCK USD 0
 
432,706

3,200

PPG INDUSTRIES INC COMMON STOCK USD 1.67
 
316,224

35,600

PRA GROUP INC COMMON STOCK USD 0.01
 
1,234,964

9,000

PRECISION CASTPARTS CORP COMMON STOCK EUR 0
 
2,088,360

3,622

PRICELINE GROUP INC/THE COM USD
 
4,617,869

20,900

PRINCIPAL FINANCIAL GROUP INC COMMON STOCK USD
 
940,082

9,020

PROGRESS SOFTWARE CORP COMMON STOCK USD 0.01
 
216,480

5,499

PROSPERITY BANCSHARES INC COMMON STOCK USD 1
 
264,832

11,100

PROTHENA CORP PLC COMMON STOCK USD 0.01
 
756,021

8,100

PROVIDENCE SERVICE CORP/THE COMMON STOCK USD 0.001
 
380,052

13,100

PRUDENTIAL FINANCIAL INC COMMON STOCK USD 0.01
 
1,066,471

6,700

PTC INC COMMON STOCK USD 0.01
 
232,021

14,500

PTC THERAPEUTICS INC COMMON STOCK USD 0.001
 
469,800

16,600

PUBLIC SERVICE ENTERPRISE GROUP INC COMMON STOCK
 
642,254

12,381

QEP RESOURCES INC COMMON STOCK USD 0.01
 
165,905

66,630

QORVO INC COMMON STOCK USD 0.0001
 
3,391,467

30,042

RADIAN GROUP INC COMMON STOCK USD 0.001
 
402,262

29,600

RAYMOND JAMES FINANCIAL INC COMMON STOCK USD 0.01
 
1,721,832

7,056

RAYMOND JAMES FINANCIAL INC COMMON STOCK USD 0.01
 
410,448

13,300

RAYTHEON CO COMMON STOCK USD 0.01
 
1,656,249

5,283

REALOGY HOLDINGS CORP COMMON STOCK USD 0.01
 
193,728

55,580

RED HAT INC COMMON STOCK USD 0.0001
 
4,602,580

3,747

RED ROBIN GOURMET BURGERS INC COMMON STOCK USD
 
231,340

6,915

REGENERON PHARMACEUTICALS INC COMMON STOCK USD
 
3,753,946

8,815

REGENERON PHARMACEUTICALS INC COMMON STOCK USD
 
4,785,399

109,100

REGIONS FINANCIAL CORP COMMON STOCK USD 0.01
 
1,053,906

5,390

REINSURANCE GROUP OF AMERICA INC COMMON STOCK USD
 
461,115

2,800

REINSURANCE GROUP OF AMERICA INC COMMON STOCK USD
 
239,540

5,600

RELIANCE STEEL & ALUMINUM CO COMMON STOCK USD 0
 
324,296

8,247

RENT-A-CENTER INC/TX COMMON STOCK USD 0.01
 
125,437

8,400

REPUBLIC SERVICES INC COMMON STOCK USD 0.01
 
372,036

13,351

RICE ENERGY INC COMMON STOCK USD 0.01
 
145,526

20,200

ROBERT HALF INTERNATIONAL INC COMMON STOCK USD
 
952,228

11,300

ROSS STORES INC COMMON STOCK USD 0.01
 
608,053

31,700

ROWAN COS PLC COMMON STOCK USD 0.125
 
537,315

15,900

ROYAL CARIBBEAN CRUISES LTD
 
1,615,202

50,600

ROYAL CARIBBEAN CRUISES LTD
 
5,140,201

4,200

ROYAL CARIBBEAN CRUISES LTD
 
426,657

11,200

ROYAL DUTCH SHELL PLC ADR USD
 
512,848

27,230

RPX CORP COMMON STOCK USD 0.0001
 
299,530

6,930

RSP PERMIAN INC COMMON STOCK USD 0.01
 
169,023


35



55,300

RUCKUS WIRELESS INC COMMON STOCK USD 0.001
 
592,263

3,700

RYDER SYSTEM INC COMMON STOCK USD 0.5
 
210,271

4,900

S&T BANCORP INC COMMON STOCK USD 2.5
 
151,018

5,900

SAIA INC COMMON STOCK USD 0.001
 
131,275

72,127

SALESFORCE.COM INC COMMON STOCK USD 0.001
 
5,654,757

6,736

SCHWEITZER-MAUDUIT INTERNATIONAL INC COMMON STOCK
 
282,845

5,401

SCIENCE APPLICATIONS INTERNATIONAL CORP COMMON
 
247,258

100,200

SEACHANGE INTERNATIONAL INC COMMON STOCK USD 0.01
 
675,348

4,600

SEACOR HOLDINGS INC COMMON STOCK USD 0.01
 
241,776


SEASPINE HOLDINGS CORP COMMON STOCK USD 0.01
 

40,100

SEATTLE GENETICS INC COMMON STOCK USD 0.001
 
1,799,688

16,258

SELECT MEDICAL HOLDINGS CORP COMMON STOCK USD
 
193,633

2,609

SENSIENT TECHNOLOGIES CORP COMMON STOCK USD 0.1
 
163,897

7,197

SERVICE CORP INTERNATIONAL/US COMMON STOCK USD 1
 
187,266

2,200

SHERWIN-WILLIAMS CO/THE COMMON STOCK USD 1
 
571,120

24,683

SHIRE PLC ADR USD
 
5,060,015

9,251

SILVER BAY REALTY TRUST CORP REIT USD 0.01
 
146,073

69,200

SINCLAIR BROADCAST GROUP INC COMMON STOCK USD 0.01
 
2,251,768

8,299

SKYWORKS SOLUTIONS INC COMMON STOCK USD 0.25
 
637,612

31,354

SLM CORP COMMON STOCK USD 0.2
 
204,428

7,100

SM ENERGY CO COMMON STOCK USD 0.01
 
139,586

30,300

SOTHEBY'S COMMON STOCK USD 0.01
 
780,528

73,600

SOUTHWESTERN ENERGY CO COMMON STOCK USD 0.01
 
523,296

10,161

SPARTANNASH CO COMMON STOCK USD 0
 
219,884

46,423

SPLUNK INC COMMON STOCK USD 0.001
 
2,730,137

22,500

ST JUDE MEDICAL INC COMMON STOCK USD 0.1
 
1,396,350

32,750

STAG INDUSTRIAL INC REIT USD 0.01
 
608,004

1,890

STANCORP FINANCIAL GROUP INC COMMON STOCK EUR 0
 
215,233

6,398

STANDEX INTERNATIONAL CORP COMMON STOCK USD 1.5
 
531,994

77,694

STARBUCKS CORP COMMON STOCK USD 0.001
 
4,663,971

50,500

STARZ COMMON STOCK USD 0.01
 
1,691,750

14,071

STARZ COMMON STOCK USD 0.01
 
471,379

15,589

STEEL DYNAMICS INC COMMON STOCK USD 0.005
 
280,719

45,500

STEELCASE INC COMMON STOCK USD 0
 
677,950

3,700

STERIS PLC COMMON STOCK USD
 
278,758

11,858

STEVEN MADDEN LTD COMMON STOCK USD 0.0001
 
358,349

45,000

STILLWATER MINING CO COMMON STOCK USD 0.01
 
385,650

4,500

STOCK YARDS BANCORP INC COMMON STOCK USD 0
 
170,055

15,200

STRYKER CORP COMMON STOCK USD 0.1
 
1,418,464

25,900

SUNTRUST BANKS INC COMMON STOCK USD 1
 
1,109,556

37,300

SUPERIOR ENERGY SERVICES INC COMMON STOCK USD
 
502,431

1,262

SVB FINANCIAL GROUP COMMON STOCK USD 0.001
 
150,052

7,924

SYKES ENTERPRISES INC COMMON STOCK USD 0.01
 
243,901

8,856

SYKES ENTERPRISES INC COMMON STOCK USD 0.01
 
272,588

8,971

SYMETRA FINANCIAL CORP COMMON STOCK 0.01
 
285,009

2,752

SYMMETRY SURGICAL INC COMMON STOCK USD 0.0001
 
25,318

12,400

SYNAPTICS INC COMMON STOCK USD 0.001
 
996,216

5,485

SYNNEX CORP COMMON STOCK USD 0.001
 
493,266

23,800

TARGET CORP COMMON STOCK USD 0.0833
 
1,728,118

49,210

TCF FINANCIAL CORP COMMON STOCK USD 0.01
 
694,845

103,800

TEGNA INC COMMON STOCK USD 1
 
2,663,508

9,100

TEGNA INC COMMON STOCK USD 1
 
233,521

38,000

TELEPHONE & DATA SYSTEMS INC COMMON STOCK USD 0.01
 
983,820

19,236

TELETECH HOLDINGS INC COMMON STOCK USD 0.01
 
536,877


36



161,103

TENCENT HOLDINGS LTD ADR USD
 
3,160,841

14,453

TERADYNE INC COMMON STOCK USD 0.125
 
298,744

9,325

TEREX CORP COMMON STOCK USD 0.01
 
172,326

13,417

TESLA MOTORS INC COMMON STOCK USD 0.001
 
3,220,214

10,529

TETRA TECH INC COMMON STOCK USD 0.01
 
273,965

27,300

TEXAS INSTRUMENTS INC COMMON STOCK USD 1
 
1,496,313

12,300

THOR INDUSTRIES INC COMMON STOCK USD 0.1
 
694,155

10,447

THOR INDUSTRIES INC COMMON STOCK USD 0.1
 
589,770

28,413

TIFFANY & CO COMMON STOCK USD 0.01
 
2,178,993

34,947

TIME WARNER INC COMMON STOCK USD 0.01
 
2,260,022

11,919

TIMKEN CO/THE COMMON STOCK USD 0
 
340,764

40,757

TJX COS INC/THE COMMON STOCK USD 1
 
2,890,079

1,200

TOMPKINS FINANCIAL CORP COMMON STOCK USD 0.1
 
67,392

5,099

TORCHMARK CORP COMMON STOCK USD 1
 
291,459

12,300

TOTAL SA ADR USD
 
558,601

5,609

TRANSDIGM GROUP INC COMMON STOCK USD 0.01
 
1,281,376

39,800

TRANSOCEAN LTD COMMON STOCK USD 0.1
 
492,724

9,300

TRAVELERS COS INC/THE COMMON STOCK USD 0
 
1,049,598

7,200

TREEHOUSE FOODS INC COMMON STOCK USD 0.01
 
564,912

99,600

TRIMBLE NAVIGATION LTD COMMON STOCK USD 0
 
2,136,420

36,500

TRINET GROUP INC COMMON STOCK USD 0.000025
 
706,275

30,952

TRIPADVISOR INC COMMON STOCK USD 0.001
 
2,638,658

7,244

TUTOR PERINI CORP COMMON STOCK USD 1
 
121,265

62,593

TWITTER INC COMMON STOCK USD 0.000005
 
1,448,402

61,095

TWO HARBORS INVESTMENT CORP REIT USD
 
510,754

8,850

UGI CORP COMMON STOCK USD 0
 
300,789

44,756

UNDER ARMOUR INC COMMON STOCK USD 0.000333
 
3,607,781

32,033

UNIFI INC COMMON STOCK USD 0.1
 
901,729

32,100

UNILEVER NV NY REG SHRS USD
 
1,390,572

13,500

UNITED STATES CELLULAR CORP COMMON STOCK USD 1
 
550,935

13,200

UNITEDHEALTH GROUP INC COMMON STOCK USD 0.01
 
1,552,848

4,817

UNIVERSAL CORP/VA COMMON STOCK USD 0
 
270,137

11,700

UNIVERSAL HEALTH SERVICES INC COMMON STOCK USD
 
1,398,033

6,200

UNIVERSAL HEALTH SERVICES INC COMMON STOCK USD
 
740,838

8,300

UNIVERSAL HEALTH SERVICES INC COMMON STOCK USD
 
991,767

30,700

UNUM GROUP COMMON STOCK USD 0.1
 
1,022,003

16,446

VALIDUS HOLDINGS LTD COMMON STOCK USD 0.175
 
761,303

28,200

VALSPAR CORP/THE COMMON STOCK USD 0.5
 
2,339,190

13,100

VANTIV INC COMMON STOCK USD 0.00001
 
621,202

9,900

VECTREN CORP COMMON STOCK USD 0
 
419,958

23,600

VERINT SYSTEMS INC COMMON STOCK USD 0.001
 
957,216

10,861

VERTEX PHARMACEUTICALS INC COMMON STOCK USD 0.01
 
1,366,640

4,418

VIAD CORP COMMON STOCK USD 1.5
 
125,162

75,197

VIAVI SOLUTIONS INC COMMON STOCK USD 0.001
 
457,950

106,664

VISA INC COMMON STOCK USD 0.0001
 
8,271,793

60,000

VISHAY INTERTECHNOLOGY INC COMMON STOCK USD 0.1
 
723,000

7,300

WABCO HOLDINGS INC COMMON STOCK USD 0.01
 
746,498

15,700

WADDELL & REED FINANCIAL INC COMMON STOCK USD 0.01
 
449,962

33,200

WADDELL & REED FINANCIAL INC COMMON STOCK USD 0.01
 
951,512

24,566

WALKER & DUNLOP INC COMMON STOCK USD
 
707,746

39,700

WALT DISNEY CO/THE COMMON STOCK USD 0.01
 
4,199,863

4,100

WATTS WATER TECHNOLOGIES INC COMMON STOCK USD 0.1
 
203,647

59,000

WEATHERFORD INTERNATIONAL PLC COMMON STOCK USD
 
495,010

59,500

WEATHERFORD INTERNATIONAL PLC COMMON STOCK USD
 
499,205


37



88,227

WEB.COM GROUP INC COMMON STOCK USD 0.001
 
1,765,422

21,600

WERNER ENTERPRISES INC COMMON STOCK USD 0.01
 
506,520

11,116

WESCO INTERNATIONAL INC COMMON STOCK USD 0.01
 
485,547

12,512

WESTERN REFINING INC COMMON STOCK USD 0.01
 
445,677

82,500

WESTERN UNION CO/THE COMMON STOCK USD 0.01
 
1,477,575

5,600

WESTLAKE CHEMICAL CORP COMMON STOCK USD 0.01
 
304,192

36,559

WORKDAY INC COMMON STOCK USD 0.001
 
2,913,021

16,918

WORLD FUEL SERVICES CORP COMMON STOCK USD 0.01
 
651,693

61,800

WORLD WRESTLING ENTERTAINMENT INC COMMON STOCK USD
 
1,102,512

7,800

WSFS FINANCIAL CORP COMMON STOCK USD 0.01
 
252,408

14,000

WYNDHAM WORLDWIDE CORP COMMON STOCK USD 0.01
 
1,017,100

11,600

WYNN RESORTS LTD COMMON STOCK USD 0.01
 
802,604

16,800

ZEBRA TECHNOLOGIES CORP COMMON STOCK USD 0.01
 
1,170,120

6,200

ZIMMER BIOMET HOLDINGS INC COMMON STOCK USD 0.01
 
637,422

7,600

ZIMMER BIOMET HOLDINGS INC COMMON STOCK USD 0.01
 
781,356

 
Total Corporate Stock
$
651,023,438

 
 
 
 
 
Corporate Debt Securities
 
 
115,000

ACTAVIS FUNDING SCS CALLABLE NOTES FIXED 4.75%
$
113,739

70,000

AMERICAN EXPRESS CREDIT CORP CALLABLE MEDIUM TERM
 
70,703

50,000

AMGEN INC CALLABLE NOTES FIXED 4.4% 01/MAY/2045
 
46,693

25,000

ANADARKO PETROLEUM CORP CALLABLE NOTES FIXED 4.5%
 
19,658

50,000

ANADARKO PETROLEUM CORP NOTES FIXED 5.95%
 
52,254

45,000

APPLE INC CALLABLE NOTES FIXED 4.375% 13/MAY/2045
 
45,700

95,000

AT&T INC CALLABLE NOTES FIXED 4.75% 15/MAY/2046
 
87,558

100,000

AT&T INC NOTES VARIABLE 12/FEB/2016 USD 1000
 
100,059

350,000

BANK OF AMERICA CORP MEDIUM TERM NOTE FIXED 5.65%
 
379,654

150,000

BANK OF AMERICA NA NOTES VARIABLE 15/JUN/2016 USD
 
149,987

75,000

BARCLAYS BANK PLC NOTES FIXED 5% 22/SEP/2016 USD
 
77,956

45,000

BARCLAYS PLC NOTES FIXED 5.25% 17/AUG/2045 USD
 
46,207

170,000

BARNABAS HEALTH INC CALLABLE BOND FIXED 4%
 
171,275

14,000

BARRICK GOLD CORP CALLABLE NOTES FIXED 4.1%
 
12,106

125,000

BEAR STEARNS COS LLC/THE NOTES FIXED 7.25%
 
141,662

75,000

BERKSHIRE HATHAWAY ENERGY CO CALLABLE BOND FIXED
 
88,609

25,000

BERKSHIRE HATHAWAY FINANCE CORP CALLABLE NOTES
 
27,308

70,000

BIOGEN INC CALLABLE NOTES FIXED 5.2% 15/SEP/2045
 
71,098

125,000

BOSTON PROPERTIES LP CALLABLE NOTES FIXED 5.875%
 
140,305

70,000

BURLINGTON NORTHERN SANTA FE LLC CALLABLE BOND
 
64,169

125,000

CAPITAL ONE BANK USA NA CALLABLE NOTES FIXED 1.2%
 
124,959

50,000

CATHOLIC HEALTH INITIATIVES CALLABLE BOND FIXED
 
53,819

175,000

CATHOLIC HEALTH INITIATIVES CALLABLE BOND FIXED
 
171,552

90,000

CCO SAFARI II LLC CALLABLE NOTES FIXED 4.464%
 
91,449

70,000

CELGENE CORP CALLABLE NOTES FIXED 3.875%
 
70,764

100,000

CENTERPOINT ENERGY RESOURCES CORP CALLABLE NOTES
 
113,226

100,000

CHASE CAPITAL VI CALLABLE BOND VARIABLE
 
84,659

115,000

CHASE ISSUANCE TRUST 2014-A3 A3 FLOATING
 
115,000

115,000

CITIBANK CREDIT CARD ISSUANCE TRUST 2014-A3 A3
 
115,025

50,000

CITIGROUP INC NOTES FIXED 5.3% 07/JAN/2016 USD
 
51,287

85,000

CITIGROUP INC NOTES VARIABLE 15/MAY/2018 USD 1000
 
86,663

150,000

COLUMBIA PIPELINE GROUP INC CALLABLE NOTES FIXED
 
146,964

75,000

COMCAST CORP CALLABLE NOTES FIXED 5.875%
 
83,352

47,423

CONTINENTAL AIRLINES 2007-1 CLASS A PASS THROUGH
 
52,937

85,355

CONTINENTAL AIRLINES 2009-1 PASS THROUGH TRUST
 
91,735

25,000

CONTINENTAL RESOURCES INC/OK CALLABLE NOTES FIXED
 
15,176


38



125,000

COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK
 
129,678

250,000

CREDIT SUISSE GROUP FUNDING GUERNSEY LTD NOTES
 
252,600

70,000

CVS HEALTH CORP CALLABLE NOTES FIXED 3.875%
 
72,654

101,910

DELTA AIR LINES 2010-2 CLASS A PASS THROUGH TRUST
 
107,538

125,000

DUKE ENERGY CAROLINAS LLC CALLABLE BOND FIXED 4%
 
121,695

150,000

EL PASO ELECTRIC CO CALLABLE NOTES FIXED 3.3%
 
145,192

45,000

EXXON MOBIL CORP CALLABLE NOTES FIXED 3.567%
 
42,806

100,000

FORD MOTOR CREDIT CO LLC NOTES FIXED 3.984%
 
101,287

100,000

GENERAL ELECTRIC CO MEDIUM TERM NOTE FIXED 3.15%
 
103,346

75,000

GENERAL ELECTRIC CO MEDIUM TERM NOTE FIXED 5.5%
 
86,100

100,000

GENERAL ELECTRIC CO MEDIUM TERM NOTE FIXED 5.875%
 
125,081

100,000

GENERAL ELECTRIC CO MEDIUM TERM NOTE VARIABLE
 
92,830

70,000

GILEAD SCIENCES INC CALLABLE NOTES FIXED 4.5%
 
69,784

125,000

GOLDMAN SACHS GROUP INC/THE MEDIUM TERM NOTE FIXED
 
139,296

50,000

GOLDMAN SACHS GROUP INC/THE MEDIUM TERM NOTE FIXED
 
56,639

50,000

GOLDMAN SACHS GROUP INC/THE NOTES FIXED 5.35%
 
51,286

175,000

GOLDMAN SACHS GROUP INC/THE NOTES FIXED 6.15%
 
192,726

170,000

GS MORTGAGE SECURITIES TRUST 2011-GC5 2011-GC5 A4
 
178,793

75,000

HCP INC CALLABLE BOND FIXED 3.75% 01/FEB/2016 USD
 
76,277

185,000

HCP INC CALLABLE MEDIUM TERM NOTE FIXED 6.3%
 
194,696

100,000

HEALTH CARE REIT INC CALLABLE NOTES FIXED 3.75%
 
99,302

76,350

HONDA AUTO RECEIVABLES 2013-4 OWNER TRUST 2013-4
 
76,290

120,000

HSBC HOLDINGS PLC NOTES FIXED 4.875% 14/JAN/2022
 
134,342

150,000

INTERNATIONAL LEASE FINANCE CORP CALLABLE NOTES
 
168,000

150,000

JERSEY CENTRAL POWER & LIGHT CO CALLABLE NOTES
 
153,310

75,000

JPMORGAN CHASE & CO NOTES FIXED 4.5% 24/JAN/2022
 
82,367

200,000

JPMORGAN CHASE & CO NOTES FIXED 5.6% 15/JUL/2041
 
236,019

50,000

JPMORGAN CHASE BANK NA NOTES FIXED 6% 01/OCT/2017
 
54,208

100,000

JPMORGAN CHASE CAPITAL XXI CALLABLE BOND VARIABLE
 
78,963

125,000

KIMCO REALTY CORP CALLABLE MEDIUM TERM NOTE FIXED
 
128,311

70,000

KRAFT HEINZ FOODS CO CALLABLE NOTES FIXED 5.2%
 
74,953

140,000

MICROSOFT CORP CALLABLE NOTES FIXED 3.125%
 
141,448

70,000

MICROSOFT CORP CALLABLE NOTES FIXED 3.75%
 
65,513

125,000

MORGAN STANLEY CALLABLE MEDIUM TERM NOTE FIXED
 
139,137

50,000

MORGAN STANLEY CALLABLE MEDIUM TERM NOTE FIXED
 
57,922

125,000

MORGAN STANLEY CALLABLE MEDIUM TERM NOTE FIXED
 
133,011

215,000

NAVIENT STUDENT LOAN TRUST 2014-1 2014-1 A3
 
205,184

50,000

NBCUNIVERSAL MEDIA LLC CALLABLE NOTES FIXED 5.15%
 
56,265

144,024

NCUA GUARANTEED NOTES TRUST 2010-R1 2010-R1 1A
 
144,772

107,528

NCUA GUARANTEED NOTES TRUST 2010-R2 2010-R2 1A
 
107,745

95,092

NCUA GUARANTEED NOTES TRUST 2010-R3 2010-R3 1A
 
95,784

85,937

NCUA GUARANTEED NOTES TRUST 2010-R3 2010-R3 2A
 
86,537

140,475

NCUA GUARANTEED NOTES TRUST 2011-C1 2011-C1 2A
 
139,842

205,779

NCUA GUARANTEED NOTES TRUST 2011-R1 2011-R1 1A
 
206,699

194,414

NCUA GUARANTEED NOTES TRUST 2011-R2 2011-R2 1A
 
195,077

95,169

NISSAN AUTO RECEIVABLES 2014-A OWNER TRUST 2014-A
 
94,933

31,000

NOBLE ENERGY INC CALLABLE NOTES FIXED 3.9%
 
27,745

125,000

NORTHWELL HEALTHCARE INC CALLABLE NOTES FIXED 4.8%
 
119,206

100,000

NYU HOSPITALS CENTER CALLABLE BOND FIXED 4.784%
 
102,215

100,000

PANHANDLE EASTERN PIPE LINE CO LP CALLABLE NOTES
 
110,150

50,000

PROVINCE OF ONTARIO CANADA BOND FIXED 5.45%
 
51,183

125,000

PUBLIC SERVICE CO OF NEW MEXICO CALLABLE NOTES
 
136,160

100,000

RECKSON OPERATING PARTNERSHIP LP CALLABLE NOTES
 
102,449

22,000

ROHM & HAAS CO CALLABLE NOTES FIXED 6% 15/SEP/2017
 
23,805


39



115,000

ROYAL BANK OF SCOTLAND GROUP PLC BOND FIXED 1.875%
 
115,064

70,000

SHELL INTERNATIONAL FINANCE BV CALLABLE NOTES
 
66,510

136,911

SLM STUDENT LOAN TRUST 2003-14 2003-14 A5 FLOATING
 
135,675

260,000

SLM STUDENT LOAN TRUST 2004-1 2004-1 A4 FLOATING
 
247,312

18,666

SLM STUDENT LOAN TRUST 2004-8 2004-8 B FLOATING
 
16,002

205,876

SLM STUDENT LOAN TRUST 2005-4 2005-4 A3 FLOATING
 
195,978

130,000

SLM STUDENT LOAN TRUST 2006-2 2006-2 A6 FLOATING
 
113,643

130,000

SLM STUDENT LOAN TRUST 2006-8 2006-8 A6 FLOATING
 
114,866

29,915

SLM STUDENT LOAN TRUST 2007-6 2007-6 B FLOATING
 
25,802

35,000

SLM STUDENT LOAN TRUST 2008-2 2008-2 B FLOATING
 
28,729

35,000

SLM STUDENT LOAN TRUST 2008-3 2008-3 B FLOATING
 
28,765

35,000

SLM STUDENT LOAN TRUST 2008-4 2008-4 B FLOATING
 
31,914

35,000

SLM STUDENT LOAN TRUST 2008-5 2008-5 B FLOATING
 
32,632

35,000

SLM STUDENT LOAN TRUST 2008-6 2008-6 B FLOATING
 
32,347

35,000

SLM STUDENT LOAN TRUST 2008-7 2008-7 B FLOATING
 
30,699

35,000

SLM STUDENT LOAN TRUST 2008-8 2008-8 B FLOATING
 
33,514

35,000

SLM STUDENT LOAN TRUST 2008-9 2008-9 B FLOATING
 
33,134

97,874

SLM STUDENT LOAN TRUST 2012-3 2012-3 A FLOATING
 
94,563

75,000

SOUTHERN COPPER CORP CALLABLE NOTES FIXED 7.5%
 
72,516

100,000

SOUTHERN NATURAL GAS CO LLC CALLABLE NOTES FIXED
 
94,569

50,000

SPECTRA ENERGY PARTNERS LP CALLABLE NOTES FIXED
 
39,086

126,000

SPIRIT AIRLINES 2015-1 PASS THROUGH TRUST A
 
127,616

120,000

SUTTER HEALTH CALL/PUT BOND FIXED 2.286%
 
118,125

100,000

TENNESSEE GAS PIPELINE CO LLC CALLABLE NOTES FIXED
 
97,468

30,000

TIME WARNER CABLE INC CALLABLE NOTES FIXED 5.5%
 
27,659

125,000

TUCSON ELECTRIC POWER CO CALLABLE NOTES FIXED
 
136,483

250,000

UBS AG/STAMFORD CT MEDIUM TERM NOTE FIXED 1.375%
 
249,095

200,000

VENTAS REALTY LP / VENTAS CAPITAL CORP CALLABLE
 
200,535

45,000

VERIZON COMMUNICATIONS INC CALLABLE NOTES FIXED
 
50,152

102,000

VERIZON COMMUNICATIONS INC CALLABLE NOTES FIXED
 
92,576

45,000

VERIZON COMMUNICATIONS INC CALLABLE NOTES FIXED
 
43,393

175,000

WALGREENS BOOTS ALLIANCE INC NOTES VARIABLE
 
174,567

75,000

WELLPOINT INC CALLABLE NOTES FIXED 7% 15/FEB/2019
 
86,239

125,000

WELLTOWER INC CALLABLE NOTES FIXED 6.125%
 
141,625

200,000

WFRBS COMMERCIAL MORTGAGE TRUST 2011-C5 2011-C5 A4
 
208,476

 
Total Corporate Debt Securities
$
12,881,747

 
 
 
 
 
Government Bonds
 
 
40,000

CALIFORNIA ST FOR PREVIOUS ISSUES SEE 13063A FOR
$
49,011

50,000

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS
 
61,234

80,000

NEW YORK N Y FOR PRIOR ISSUES SEE 64966G ETC FOR
 
92,558

50,000

NEW YORK ST DORM AUTH ST PERS INCOME TAX REV
 
59,091

40,000

NEW YORK ST URBAN DEV CORP REV TAXABLE-ST PERS
 
41,700

1,005,000

UNITED STATES OF AMERICA BILL ZERO CPN 04/FEB/2016
 
1,004,913

1,425,000

UNITED STATES OF AMERICA BILL ZERO CPN 07/APR/2016
 
1,424,441

130,000

UNITED STATES OF AMERICA BOND FIXED .625%
 
114,127

320,000

UNITED STATES OF AMERICA BOND FIXED .75%
 
282,643

650,000

UNITED STATES OF AMERICA BOND FIXED 1.375%
 
678,558

1,275,000

UNITED STATES OF AMERICA BOND FIXED 3% 15/NOV/2045
 
1,276,104

395,000

UNITED STATES OF AMERICA NOTES FIXED .125%
 
376,000

355,000

UNITED STATES OF AMERICA NOTES FIXED .125%
 
381,133

545,000

UNITED STATES OF AMERICA NOTES FIXED .25%
 
523,003

50,000

UNITED STATES OF AMERICA NOTES FIXED .375%
 
48,639


40



4,010,000

UNITED STATES OF AMERICA NOTES FIXED .75%
 
3,993,822

730,000

UNITED STATES OF AMERICA NOTES FIXED .875%
 
728,448

1,205,000

UNITED STATES OF AMERICA NOTES FIXED 1%
 
1,203,527

1,035,000

UNITED STATES OF AMERICA NOTES FIXED 1.375%
 
1,019,548

3,635,000

UNITED STATES OF AMERICA NOTES FIXED 1.625%
 
3,618,795

1,210,000

UNITED STATES OF AMERICA NOTES FIXED 1.75%
 
1,208,734

2,885,000

UNITED STATES OF AMERICA NOTES FIXED 2.25%
 
2,886,957

250,000

UNITED STATES OF AMERICA NOTES FIXED 2.5%
 
302,566

570,000

UNITED STATES OF AMERICA NOTES FIXED 3.5%
 
605,991

195,000

UNITED STATES TREAS NTS VAR 15/APR/2017
 
203,844

 
Total Government Bonds
$
22,185,387

 
 
 
 
 
Mortgage Backed Securities
 
 
465,000

FEDERAL HOME LOAN MORTGAGE CORP MEDIUM TERM NOTE
$
464,355

465,000

FEDERAL NATIONAL MORTGAGE ASSOCIATION NOTES
 
464,203

330,000

FEDERAL NATIONAL MORTGAGE ASSOCIATION NOTES FIXED
 
393,924

43,290

FHLMC MORTPASS ARM 01/APR/2037 1N PN# 1N1454
 
45,416

5,023

FHLMC MORTPASS ARM 01/SEP/2037 1G PN# 1G2201
 
5,363

627,664

FHLMC REMICS 3048 QJ 5% 15/OCT/2025
 
682,675

279,853

FHLMC REMICS 3197 DZ 5% 15/AUG/2036
 
305,729

4,261

FHLMC REMICS 3345 FP FLOATING 15/NOV/2036
 
4,261

3,418

FHLMC REMICS 3345 PF FLOATING 15/MAY/2036
 
3,419

24,429

FHLMCGLD MORTPASS 2.5% 01/SEP/2030 G1 PN# G18568
 
24,719

116,469

FHLMCGLD MORTPASS 3% 01/AUG/2030 G1 PN# G18565
 
120,436

108,473

FHLMCGLD MORTPASS 3% 01/AUG/2045 G0 PN# G08658
 
108,653

236,064

FHLMCGLD MORTPASS 3% 01/JUL/2045 G0 PN# G08653
 
236,457

173,546

FHLMCGLD MORTPASS 3.5% 01/APR/2044 G0 PN# G07848
 
180,108

335,099

FHLMCGLD MORTPASS 3.5% 01/AUG/2045 G6 PN# G60138
 
346,431

134,470

FHLMCGLD MORTPASS 3.5% 01/DEC/2041 Q0 PN# Q05261
 
139,356

398,812

FHLMCGLD MORTPASS 3.5% 01/JUN/2045 G0 PN# G08650
 
412,030

431,948

FHLMCGLD MORTPASS 3.5% 01/JUN/2045 G6 PN# G60080
 
447,280

99,792

FHLMCGLD MORTPASS 3.5% 01/NOV/2045 G0 PN# G08676
 
103,099

447,063

FHLMCGLD MORTPASS 3.5% 01/OCT/2045 G0 PN# G08671
 
461,880

346,092

FHLMCGLD MORTPASS 4% 01/JAN/2043 U9 PN# U90791
 
369,609

214,406

FHLMCGLD MORTPASS 4% 01/NOV/2045 G0 PN# G08677
 
226,676

218,695

FHLMCGLD MORTPASS 4% 01/OCT/2045 G0 PN# G08672
 
231,939

217,078

FHLMCGLD MORTPASS 4% 01/SEP/2045 G0 PN# G08669
 
230,225

83,316

FHLMCGLD MORTPASS 4.5% 01/JUN/2041 Q0 PN# Q01638
 
90,281

70,400

FHLMCGLD MORTPASS 5.5% 01/JAN/2038 G0 PN# G03696
 
78,623

62,437

FHLMCGLD MORTPASS 5.5% 01/NOV/2037 G0 PN# G03695
 
69,751

88,888

FHLMCGLD MORTPASS 6.5% 01/MAY/2034 P5 PN# P50216
 
99,975

249,823

FNMA MORTPASS 3% 01/MAY/2043 CL PN# AB9236
 
252,036

366,669

FNMA MORTPASS 3% 01/SEP/2033 CT PN# MA1561
 
377,393

155,886

FNMA MORTPASS 3.5% 01/SEP/2033 CT PN# MA1584
 
163,429

145,933

FNMA MORTPASS 3.584% 01/SEP/2020 XY PN# FN0000
 
152,743

138,767

FNMA MORTPASS 3.664% 01/OCT/2020 XY PN# AE0918
 
147,691

142,076

FNMA MORTPASS 3.766% 01/DEC/2020 XY PN# FN0001
 
151,258

193,798

FNMA MORTPASS 4% 01/AUG/2029 CT PN# MA0142
 
207,452

418,244

FNMA MORTPASS 4% 01/MAY/2043 CL PN# AT2733
 
450,136

65,028

FNMA MORTPASS 4.283% 01/JAN/2021 XY PN# FN0003
 
70,846

242,246

FNMA MORTPASS 4.5% 01/MAY/2048 CZ PN# 257280
 
260,365

181,833

FNMA MORTPASS 4.5% 01/SEP/2041 CL PN# MA0843
 
197,431

145,021

FNMA MORTPASS 5% 01/AUG/2047 CZ PN# 995963
 
157,633

134,563

FNMA MORTPASS 5% 01/MAR/2034 CL PN# 725205
 
149,422


41



89,638

FNMA MORTPASS 5% 01/SEP/2033 CL PN# 738567
 
99,541

42,291

FNMA MORTPASS 5.5% 01/JUN/2036 CL PN# 889745
 
47,807

50,869

FNMA MORTPASS 6.5% 01/AUG/2037 CL PN# 936879
 
58,411

569,651

FNMA REMICS 2004-97 ZH 4.5% 25/JAN/2035
 
619,760

114,218

GNMA 2009-66 UF FLOATING 16/AUG/2039
 
117,215

266,184

GNMA II MORTPASS 3% 20/AUG/2045 SF PN# MA3033
 
270,821

205,304

GNMA II MORTPASS 3.5% 20/JUL/2045 SF PN# MA2961
 
214,934

440,751

GNMA II MORTPASS 3.5% 20/SEP/2045 SF PN# MA3105
 
461,426

226,716

GNMA II MORTPASS 4% 20/SEP/2045 SF PN# MA3106
 
241,861

335,000

TBA FNMA SINGLE FAMILY 15YR 2.5 1/16
 
337,648

530,000

TBA FNMA SINGLE FAMILY 30YR 3 1/16
 
530,005

935,000

TBA FNMA SINGLE FAMILY 30YR 3.5 1/16
 
964,661

305,000

TBA FNMA SINGLE FAMILY 30YR 4 1/16
 
322,742

105,000

TBA FNMA SINGLE FAMILY 30YR 4.5 1/16
 
113,387

335,000

TBA GNMA2 SINGLE FAMILY 30YR 3.5 1/16
 
349,224

 
Total Mortgage Backed Securities
$
13,834,151

 
 
 
 
 
Registered Investment Companies
 
 
1,583

AB CONSERVATIVE WEALTH STRATEGY ADV CL
$
18,970

15,438

AB GLOBAL BOND FUND CL I
 
125,823

192

AB INTERNATIONAL VALUE FUND CL ADVISOR
 
2,408

297

AB SMALL CAP GROWTH PORTFOLIO CL I
 
12,750

11,990

AB UNCONSTRAINED BOND FUND CL ADVISOR
 
100,234

1,544

ABERDEEN TOTAL RETURNBOND FUND CL A
 
20,325

8,065

ABN AMRO FDS ASTON LAKE PARTNERS LASSO ALT FD CL I
 
95,410

1,326

ADVISERS INVT TR JOHCM INTL SELECT FD CL I
 
23,570

455

ADVISERS INVT TR JOHCM INTL SELECT FD CL II
 
8,108

34,550

ADVISORS EDGEWOOD GROWTH FD RETAIL CL
 
736,252

340

ADVISORS INNER CIRCLE FD ACADIAN EMERGING MKTS INSTL CL
 
5,068

174

ADVISORS INNER CIRCLE FD CAMBIAR AGGR VALUE FD INV CL
 
3,213

2,251

ADVISORS INNER CIRCLE FD RICE HALL JAMES SMALL CAP PORT
 
22,942

1,757

ADVISORS INNER CIRCLE FD WESTWOOD INCOME OPPTY FD INST
 
24,778

1,369

ADVISOR'S INNER CIRCLE INTL EQI FD INSTITUTIONAL CLASS
 
33,615

2,356

ALGER CAPITAL APPRECIATION INSTL PORTFOLIO
 
62,388

108

ALGER MIDCAP GROWTH INSTITUTIONAL PTF CL I
 
2,406

80

ALGER SMALL CAP FOCUS FUND CL A
 
866

826

ALGER SPECTRA FUND CL A
 
14,063

6,811

ALLIANZGI INCOME & GROWTH FD CL A
 
75,462

77

ALLIANZGI NFJ DIVIDEND VALUE FD CL A
 
1,181

1,004

ALLIANZGI NFJ SMALL CAP VALUE FD CL A
 
20,118

1,102

ALLIANZGI NJF INTERNATIONAL VALUE FD CL A
 
19,810

137

ALLIANZGI TECHNOLOGY FD CL A
 
6,821

274

ALPINE EQUITY TR INTL REAL ESTATE EQI FD INST
 
5,494

320

ALPINE EQUITY TR RLTY INCOME & GROWTH FD INST
 
6,960

2,111

ALPINE SER TR DYNAMIC DIVIDEND FD INST CL
 
7,600

12,617

AMANA MUT FDS TR GROWTH FD
 
400,596

4,651

AMANA MUT FDS TR INCOME FD
 
197,186

246

AMCAP FD INC CL R-6
 
6,450

208

AMCAP FUND CLASS A
 
5,396

2,113

AMERICAN BALANCED FD INC CL R-5
 
50,384

6,554

AMERICAN BALANCED FD INC CL R-6
 
156,250

441

AMERICAN BALANCED FUND CLASS A
 
10,513

563

AMERICAN BEACON BALANCED FD INVESTOR CL
 
7,404

11,249

AMERICAN BEACON FDS BRIDGEWAY LARGECAP VLE INV CL
 
254,676


42



774

AMERICAN BEACON FDS MID-CAP VALUE FD INVESTOR CL
 
10,315

3,846

AMERICAN BEACON LARGE CAP VALUE FUND INVESTOR CLASS
 
88,225

4,993

AMERICAN BEACON SMALL CAP VALUE FD INVESTOR CL
 
108,544

1,395

AMERICAN CENTRY INVT TR HIGH YIELD FD CL A
 
7,354

9,352

AMERICAN CENTURY CAPITAL VALUE FD INVESTOR CLASS
 
76,777

916

AMERICAN CENTURY DIVERSIFIED BOND FUND INVESTOR CLASS
 
9,744

7,501

AMERICAN CENTURY EMERGING MARKETS INVESTOR CLASS
 
59,181

1,293

AMERICAN CENTURY EQUITY GROWTH INVESTOR CLASS
 
35,189

24,904

AMERICAN CENTURY EQUITY INCOME INVESTOR CLASS
 
198,239

14,580

AMERICAN CENTURY GLOBAL GOLD FUND INVESTOR CLASS
 
83,834

2,740

AMERICAN CENTURY HERITAGE FD INVESTOR CLASS
 
58,160

900

AMERICAN CENTURY HIGH YIELD BOND FUND INVESTOR CLASS
 
4,734

16,123

AMERICAN CENTURY INFLATION ADJUSTED BOND INVESTOR CLASS
181,541

199

AMERICAN CENTURY INTERNATIONAL BOND INVESTOR CL
 
2,380

8,073

AMERICAN CENTURY LEGACY LARGE CAP FUND INVESTOR CL
 
127,389

293

AMERICAN CENTURY ONE CHOICE VERY AGGRESSIVE INV CLASS
 
4,406

175

AMERICAN CENTURY REAL ESTATE FUND INVESTOR CLASS
 
5,211

3,218

AMERICAN CENTURY U S GOVT MONEY MARKET FUND INVESTOR CL
3,218

457

AMERICAN CENTURY UTILITIES FUND INVESTOR CLASS
 
7,272

11,144

AMERICAN CENTURY VALUE FUND INVESTOR CL
 
84,586

2,667

AMERICAN CENTY CAP PORTFOLIO INC GLOBAL REAL ESTATE FD INV
29,895

2,494

AMERICAN CENTY CAP PORTFOLIO MID CAP VALUE FD INV CL
 
36,394

1,687

AMERICAN CENTY EQI FD DISCIPLINED GWTH FD INV CL
 
31,040

8,315

AMERICAN CENTY SHRT DURATION INFLATION PROTCTN BD FD INV CL
82,653

7,642

AMERICAN FDS MONEY MKT FD CL A
 
7,642

259

AMERICAN HIGH INCOME TR CL R-5
 
2,422

401

AMERICAN MUT FD INC CL R-5
 
13,591

595

AMERICAN MUTUAL FUND INC CL F1
 
20,067

10,581

AMG GW&K CORE BD FD
 
104,755

14,285

AMG GW&K ENHANCED CORE BOND INV CL
 
136,991

109

AMG GW&K MUNICIPAL ENHANCED YIELD INV CL
 
1,097

248

AMG MANAGERS BRANDYWINE FUND
 
8,739

1,019

AMG MANAGERS GLOBAL INCOME OPPORTUNITY
 
18,522

12,891

AMG MANAGERS HIGH YIELD INV CL
 
91,136

12,141

AMG MANAGERS REAL ESTATE SECURITIES
 
138,409

1,610

AMG MANAGERS SKYLINE SPECIAL EQI
 
57,465

480

AMG SOUTHERNSUN SMALL CAP INV CL
 
8,908

1,135

AMG SOUTHERNSUN U S EQI INV CL
 
12,688

3,497

AMG YACKTMAN FOCUSED SVC CL
 
69,140

7,366

AMG YACKTMAN FUND SVC CL
 
153,719

6,425

AQR FDS DIVERSIFIED ARBITRAGE FD CL I
 
59,107

4,927

AQR FDS DIVERSIFIED ARBITRAGE FD CL N
 
45,331

2,589

AQR FDS EQUITY MKT NEUTRAL FD CL I
 
29,727

4,944

AQR FDS MANAGED FUTURES STRATEGY FD N
 
49,883

1,300

ARIEL APPRECIATION FUND-CL A
 
58,594

1,438

ARTISAN FDS INC ARTISAN VALUE FUND
 
15,544

75

ARTISAN FDS INC GLOBAL EQUITY FD INV SHS
 
1,200

2,356

ARTISAN FDS INC GLOBAL OPPORTUNITIES FD INV CL
 
46,038

82

ARTISAN FDS INC GLOBAL VALUE FD INV SHS
 
1,170

19,063

ARTISAN FUNDS INC INTERNATIONAL FUND
 
546,733

320

ARTISAN FUNDS INC SMALL CAP FUND
 
8,591

99

ARTISAN GLOBAL SMALL CAP INV CL
 
1,111

1,386

ARTISAN INTERNATIONAL VALUE FUND INV SHS
 
43,957

6,684

ASTON FDS ASTON/DOUBLELINE CORE PLUS FIXED INCOME FD CL N
69,582


43



10,470

ASTON/LMCG SMALL CAP GROWTH FUND CLASS N
 
148,679

658

AVE MARIA GROWTH FUND
 
16,470

646

AZZAD FDS AZZAD ETHICAL MID CAP FD
 
7,840

943

BAIRD AGGREGATE BOND FUND INV CL
 
10,311

3,316

BAIRD FDS INC CORE PLUS BD FD INV CL SHS
 
37,335

868

BAIRD FDS INC INTER MUN BD FD INV CL SHS
 
10,417

159

BAIRD FDS INC MIDCAP FD INV CL SHS
 
2,280

1,329

BARON ASSET FUND-SBI
 
75,960

1,533

BARON GROWTH FUND
 
96,890

143

BARON INVT FDS TR DISCOVERY FD RETIAL SHS
 
1,613

63

BARON SELECT FDS BARON PARTNERS FD
 
2,262

248

BARON SELECT FDS EMERGING MARKETS FD INSTL SHS
 
2,628

9,123

BARON SELECT FDS EMERGING MARKETS FD RETAIL SHS
 
96,426

4,539

BARON SELECT FDS REAL ESTATE FD RETAIL SHS
 
110,031

7,324

BARON SMALL CAP FUND
 
206,469

1,591

BBH CORE SELECT FD CL N
 
32,463

188

BBH FD INC CORE SELECT RETAIL CL
 
2,358

127

BECKER VALUE EQUITY FD RETAIL CL
 
2,056

514

BERWYN FDS INC INCOME FUND
 
6,604

11

BLACKROCK ENERGY & RESOURCES PORTFOLIO FUND CL A
 
160

7,311

BLACKROCK EQUITY DIVIDEND FUND SVC CL
 
153,102

4,190

BLACKROCK FDS EMERGING MKT LONG/SHORT EQUITY FD INVS A
 
39,553

1,921

BLACKROCK FDS INFLATION PROTECTED BD SVC
 
19,638

3,034

BLACKROCK FUNDS HIGH YIELD BD PORT SERVICE CL
 
21,636

1,103

BLACKROCK FUNDS-SMALL CAP GROWTH EQUITY PORTFOLIO INV A
14,783

7,780

BLACKROCK GLOBAL ALLOCATION FD INC INSTL CL
 
139,501

138

BLACKROCK HEALTH SCIENCES OPPORTUNITIES PORT SVC CL
 
6,698

1,444

BLACKROCK HEALTH SCIENCES OPPORTUNITIES PORTFOLIO CL A
 
70,102

2,585

BLACKROCK LARGE CAP SER FDS INC LARGE CAP CORE FD INSTL CL
46,496

24

BLACKROCK LATIN AMER FD INC CL A
 
767

1,351

BLACKROCK MULTI-ASSET INCOME PORTFOLIO FD CL A
 
14,189

115

BLACKROCK NAT RES TR CL A
 
4,232

5

BLACKROCK S&P 500 IDX FUND INVESTOR CL A
 
1,266

9,321

BLACKROCK STRATEGIC INCOME OPPORTUNITIES PORTFOLIO CL A
91,068

296

BLACKROCK TOTAL INTL EX U S IDX FUND INVESTOR CL A
 
2,258

10,462

BOND FD AMER INC CL R-3
 
131,717

993

BOND FD AMER INC CL R-5
 
12,500

7,431

BOSTON PARTNERS INV FDS ALL CAP VALUE FD INV CL
 
157,239

2,701

BOSTON PARTNERS INV FDS LONG SHRT RESEARCH FD INV CL
 
39,733

6,545

BRIDGEWAY FDS INC SMALL-CAP GROWTH FD CL N
 
131,040

3,520

BRIDGEWAY FUND INC AGGRESSIVE INVESTOR CL 1
 
188,443

967

BROADVIEW FDS TR OPPORTUNITY FUND
 
30,275

722

BROWN CAP MGMT MUT FDS BROWN CAP MGMT SMALL CO FD INV
 
51,582

2,128

BUFFALO FDS MID CAP FD
 
32,617

718

BUFFALO FLEXIBLE INCOME FUND INC
 
9,835

5,375

BUFFALO FUNDS BUFFALO DISCOVERY FUND
 
105,466

2,491

BUFFALO HIGH YIELD FUND INC
 
27,630

1,057

BUFFALO LARGE CAP FUND
 
24,988

795

BUFFALO SMALL CAP FD INC
 
14,025

2,304

BURNHAM FINANCIAL LONG SHORT FUND CLASS A
 
38,677

313

BURNHAM INVS TR FINANCIAL SERVICES FD-CL A
 
10,125

6,329

CALAMOS INVT TR NEW MARKET NEUTRAL INCOME FD CL A
 
80,756

1,348

CAPITAL INCOME BLDR FD CL R-5
 
75,295

629

CAPITAL INCOME BUILDER CL A
 
35,152


44



632

CAPITAL INCOME BUILDER FD CL F-1
 
35,300

823

CAPITAL WORLD BD FD CL R-5
 
15,580

1,012

CAPITAL WORLD GROWTH & INCOME FD INC CL R-5
 
43,873

258

CAPITAL WORLD GROWTH & INCOME FUND CLASS A
 
11,198

655

CAUSEWAY INTERNATIONAL VALUE FUND INVESTOR CLASS
 
9,161

40

CGM FOCUS FUND
 
1,558

1,770

CGM REALTY FUND
 
51,804

137

CLEARBRIDGE AGGRESSIVE GROWTH FUND CLASS A
 
25,688

74

CLEARBRIDGE AGGRESSIVE GROWTH FUND CLASS I
 
15,153

884

CLEARBRIDGE TACTICAL DIVIDEND INCOME FUND CLASS I
 
13,896

595

CLIPPER FUND INC
 
62,121

1,930

COHEN & STEERS REAL ESTATE SECURITIES FUND CL I
 
27,990

862

COHEN & STEERS REALTY SHARES INC
 
60,782

3,937

COLUMBIA ACORN TR INTL CL A
 
153,875

215

COLUMBIA ACORN TR INTL CL Z
 
8,405

1,323

COLUMBIA EMERGING MARKETS CL Z
 
11,895

2,961

COLUMBIA FDS SER TR I DIVIDEND INCOME CL A
 
52,050

1,605

COLUMBIA FDS SER TR I MID CAP GROWTH FD CL Z
 
41,755

1,682

COLUMBIA FDS SER TR I SMALL CAP GROWTH FD I CL Z
 
28,464

2,758

COLUMBIA FDS SER TR II MASS INCOME BUILDER FD CL A
 
30,117

345

COLUMBIA FDS SER TR INTL VALUE FD CL Z
 
4,859

459

COLUMBIA FDS SER TR MID CAP VALUE FD CL A
 
6,373

304

COLUMBIA FDS SER TR SMALL CAP VALUE II FD CL A
 
4,568

975

COLUMBIA GLOBAL ENERGY AND NATURAL RESOURCES FUND CLASS Z
14,407

4,479

COLUMBIA SELECT LARGE CAP GROWTH CLASS Z
 
75,523

23

COLUMBIA SELIGMAN COMMUNICATIONS AND INFO CL A
 
1,243

4,561

COLUMBIA VALUE AND RESTRUCTURING CLASS Z
 
184,692

140

CONESTOGA FDS SMALL CAP FD
 
5,021

775

CULLEN HIGH DIVIDEND EQUITY FUND
 
12,840

3,888

DAVIS NEW YORK VENTURE FUND INC-CL A
 
120,106

5,014

DAVIS NEW YORK VENTURE FUND INC-CL Y
 
157,600

4,489

DELAWARE POOLED TRUST DIVERSIFIED INCOME FD INSTL CL
 
38,474

1,047

DEUTSCHE SHORT DURATION FUND CL S
 
9,162

5,931

DIAMOND HILL FDS LARGE CAP FD CL I SHS
 
127,822

3,260

DIAMOND HILL FDS SMALL CAP FD CL I SHS
 
101,975

136

DIAMOND HILL FDS SMALL MID CAP FD CL A
 
2,484

3,212

DIAMOND HILL LONG-SHORT FUND CLASS A
 
75,043

2,468

DIREXION FDS MNTHLY CHINA BULL 2X FUND INV
 
75,600

426

DIREXION FDS MNTHLY LATIN AMER BULL 2X INV
 
3,642

151

DIREXION FDS MNTHY NASDQ 100 BULL 2X INV CL
 
9,185

1,631

DIREXION FDS MONTHLY S&P 500 BEAR 2X FD NEW
 
44,892

86

DODGE & COX BALANCED FUND
 
8,117

1,824

DODGE & COX FDS GLOBAL STK FD
 
19,080

10,551

DODGE & COX FUNDS INTERNATIONAL STOCK FUND
 
384,917

22,454

DODGE & COX INCOME FUND
 
298,411

1,694,657

DODGE & COX INTERNATIONAL STOCK FUND OPEN-END FUND
 
61,821,091

304

DODGE & COX STOCK FUND
 
49,554

450

DOUBLELINE FDS TR EMERGING MKTS INCOME FD CL N
 
4,212

13,278

DOUBLELINE FDS TR TOTAL RETURN BD FD CL I
 
143,141

5,244

DOUBLELINE FDS TR TOTAL RETURN BD FD CL N
 
56,526

1,191

DREYFUS APPRECIATION FUND INC
 
47,576

136

DREYFUS INTERNATIONAL BOND FUND CLASS C
 
1,932

1,386

DREYFUS INVT FDS BOSTON CO SML/MID CAP GRW CL A
 
21,227

6,154

DREYFUS MIDCAP INDEX FUND
 
198,834


45



749

DREYFUS OPPURTUNISTIC MIDCAP VALUE FUND CL A
 
21,837

197

DREYFUS S&P 500 INDEX FUND
 
9,553

917

DREYFUS SMALL CAP STOCK FUND
 
23,359

518

DREYFUS/LAUREL FUNDS INC BOND MARKET INDEX FUND INV SHS
 
5,328

11,290

DRIEHAUS MUT FDS EMERGING MKTS GROWTH FD
 
299,529

131

EATON VANCE DIVIDEND BUILDER FD CL A
 
1,713

2,011

EATON VANCE LARGE CAP VALUE FUND CL A
 
33,555

6,182

EATON VANCE MUT FDS TR FLTG RATE FD ADVISERS CL
 
51,926

6,925

EATON VANCE MUTUAL FDS TRUST GBL MACRO ABSOULTE RETURN CL R
66,066

127

EURO PAC GROWTH FD CL R-5
 
5,730

495

EURO PAC GROWTH FUND CL F1
 
22,343

249

EUROPACIFIC GROWTH FD CL A
 
11,278

14,954

FAIRHOLME FUNDS INC COM
 
276,656

238

FEDERATED EQUITY INCOME FD INC SHS CL R
 
5,220

10,476

FEDERATED HIGH YIELD TRUST SBI
 
64,531

463

FEDERATED PRUDENT DOLLARBEAR FUND CL A
 
4,446

16,175

FEDERATED STRATEGIC VALUE DIVIDEND FUND CL A
 
90,743

3,050

FENIMORE ASSET MGMT TR FAN SMALL CAP FD INV SH CL
 
44,985

24,211

FIDELITY ADVISOR BIOTECHNOLOGY CLASS I
 
664,830

1,177

FIDELITY ADVISOR CONSUMER DISCRETIONARY CL I
 
25,267

119

FIDELITY ADVISOR CONSUMER STAPLES FD CL A
 
10,822

286

FIDELITY ADVISOR CONSUMER STAPLES FD CL I
 
26,024

464

FIDELITY ADVISOR EMERGING ASIA FD CL I
 
13,007

1,716

FIDELITY ADVISOR FINANCIAL SERVICES FUND CL I
 
27,117

5,791

FIDELITY ADVISOR FREEDOM 2050 FD INSTL
 
59,360

444

FIDELITY ADVISOR GOLD FUND CL A
 
5,854

2,545

FIDELITY ADVISOR GOLD FUND CL I
 
34,378

1,509

FIDELITY ADVISOR HEALTH CARE FUND CL I
 
62,407

252

FIDELITY ADVISOR HIGH INCOME FUND CL I
 
2,343

148

FIDELITY ADVISOR INDUSTRIALS CL A
 
4,892

17

FIDELITY ADVISOR INDUSTRIALS CL I
 
586

1,335

FIDELITY ADVISOR LARGE CAP FUND-CL A
 
35,367

2,102

FIDELITY ADVISOR NEW INSIGHTS FD CL I
 
55,978

1,121

FIDELITY ADVISOR REAL ESTATE FD CL I
 
25,737

13,328

FIDELITY ADVISOR SER VII BIOTECHNOLOGY FUND CL A
 
348,122

3,682

FIDELITY ADVISOR SER VII BIOTECHNOLOGY FUND CL C
 
84,507

1,799

FIDELITY ADVISOR SMALL CAP VALUE FD CL
 
30,119

683

FIDELITY ADVISOR TECHNOLOGY FUND CL I
 
25,603

2,957

FIDELITY BALANCED FUND
 
62,754

4,155

FIDELITY BLUE CHIP GROWTH FUND
 
286,592

3,143

FIDELITY CANADA FUND
 
130,026

1,296

FIDELITY CAP APPRECIATION FUND
 
41,983

25,514

FIDELITY CAPITAL & INCOME FUND
 
233,451

504

FIDELITY CHINA REGION FUND
 
12,808

2,418

FIDELITY COMWLTH TR II MID CAP ENHANCED INDEX FD
 
30,440

938

FIDELITY COMWLTH TR II SMALL CAP ENHANCED INDEX FD
 
10,938

22,675

FIDELITY CONCORD STR SPARTAN U S EQI INDX FD ADVANTAGE CL
1,628,033

42,824

FIDELITY CONCORD STR SPARTAN US BD IDX FD FIDELITY INVST CL
492,048

346

FIDELITY CONSUMER FINANCE PORTFOLIO
 
4,217

8,603

FIDELITY CONTRAFUND
 
851,276

993

FIDELITY DEVONSHIRE TR ADVISOR MID CAP VALUE FD CL A
 
21,944

176

FIDELITY DIVERSIFIED INTL FUND
 
6,178

314

FIDELITY EMERGING ASIA FUND
 
9,423

1,163

FIDELITY EMERGING MARKETS FD
 
25,285


46



217

FIDELITY EUROPE FUND
 
7,853

902

FIDELITY EXPORT AND MULTINTL FUND
 
18,194

7,163

FIDELITY FLOATING RATE HIGH INCOME FD
 
65,396

1,479

FIDELITY GNMA FUND
 
17,042

61

FIDELITY GROWTH & INCOME PORTFOLIO
 
1,777

2,332

FIDELITY GROWTH STRATEGIES
 
77,619

282

FIDELITY HIGH INCOME FUND
 
2,243

2,807

FIDELITY INFLATION PROTECTED BOND FUND
 
32,641

301

FIDELITY INTL DISCOVERY FUND
 
11,846

3,217

FIDELITY INTL GROWTH FD
 
35,835

8,644

FIDELITY INTL REAL ESTATE FD
 
86,609

223

FIDELITY INVT TR ADVISOR CHINA REGION FD CL A
 
5,602

320

FIDELITY INVT TR GLOBAL COMMODITY STK FD
 
2,816

211

FIDELITY JAPAN SMALL COMPANIES FUND
 
2,913

648

FIDELITY LARGE CAP STOCK FUND
 
16,942

1,853

FIDELITY LATIN AMERICA FUND
 
30,255

6,448

FIDELITY LEVERAGED COMPANY STOCK FUND
 
256,690

4,261

FIDELITY LOW PRICED STOCK FUND
 
203,478

855

FIDELITY MID CAP STOCK FUND
 
27,978

3,537

FIDELITY MID CAP VALUE FUND
 
79,008

2,021

FIDELITY NASDAQ COMPOSITE INDEX FD
 
132,525

7,029

FIDELITY NEW MARKETS INCOME INCOME FUND
 
102,055

1,844

FIDELITY NEW MILLENNIUM FUND
 
61,704

139

FIDELITY NORDIC FUND
 
6,522

395

FIDELITY OTC PORTFOLIO
 
32,951

453

FIDELITY OVERSEAS FUND
 
18,527

822

FIDELITY PACIFIC BASIN FUND
 
21,627

10,544

FIDELITY PURITAN FUND
 
214,369

210

FIDELITY REAL ESTATE INCOME FD
 
2,361

4,268

FIDELITY REAL ESTATE INVSTMT PORTFOLIO
 
173,183

1,453

FIDELITY SECS FD REAL ESTATE INCOME FD CL A
 
16,255

6,719

FIDELITY SELECT BANKING PORT
 
171,885

2,494

FIDELITY SELECT BIOTECH PORTFOLIO
 
588,342

330

FIDELITY SELECT BROKERAGE & INVT MGMT PORTFOLIO
 
21,127

1,321

FIDELITY SELECT CHEMICAL PORTFOLIO
 
172,835

126

FIDELITY SELECT CONSTRUCTION & HOUSING PORTFOLIO
 
7,309

838

FIDELITY SELECT CONSUMER STAPLES
 
76,488

173

FIDELITY SELECT DEFENSE & AEROSPACE PORTFOLIO
 
19,925

2,057

FIDELITY SELECT ELECTRONICS PORTFOLIO
 
155,508

3,197

FIDELITY SELECT ENERGY PORT
 
112,421

391

FIDELITY SELECT ENERGY SERV PORTFOLIO
 
16,047

257

FIDELITY SELECT FINANCIAL SERVICES PORTFOLIO
 
21,602

1,783

FIDELITY SELECT GOLD PORT
 
24,065

2,010

FIDELITY SELECT HEALTH CARE PORTFOLIO
 
418,305

2,830

FIDELITY SELECT INDUSTRIAL EQUIPMENT PORTFOLIO
 
103,257

747

FIDELITY SELECT INDUSTRIALS
 
21,806

326

FIDELITY SELECT INSURANCE PORTFOLIO
 
22,034

2,062

FIDELITY SELECT IT SERVICES
 
82,432

492

FIDELITY SELECT LEISURE PORT
 
63,958

1,973

FIDELITY SELECT MATERIALS
 
135,434

1,153

FIDELITY SELECT MEDICAL EQUIPMENT AND SYSTEMS
 
41,371

412

FIDELITY SELECT MULTIMEDIA PORTFOLIO
 
30,175

899

FIDELITY SELECT NATURAL GAS PORTFOLIO
 
18,043

541

FIDELITY SELECT NATURAL RESOURCES PORTFOLIO
 
12,780


47



5,540

FIDELITY SELECT PHARMACEUTICALS PORT
 
113,964

768

FIDELITY SELECT SOFTWARE & COMPUTER SVCS
 
93,198

1,779

FIDELITY SELECT TECHNOLOGY PORTFOLIO
 
210,108

494

FIDELITY SELECT TRANSPORT PORTFOLIO
 
36,011

92

FIDELITY SELECT UTILITIES PORTFOLIO
 
5,875

597

FIDELITY SHORT TERM BOND FD
 
5,108

7,091

FIDELITY SMALL CAP DISCOVERY FD
 
187,338

2,247

FIDELITY SMALL CAP GROWTH FD
 
42,019

2,168

FIDELITY SMALL CAP VALUE FD
 
36,288

6,873

FIDELITY SPARTAN 500 INDEX INVESTOR CLASS
 
493,493

454

FIDELITY SPARTAN EXTENDED MKT INDEX FD INVESTOR CLASS
 
22,772

8,398

FIDELITY SPARTAN INTERNL INDEX FD INVESTOR CLASS
 
301,739

3,868

FIDELITY SPARTAN INTERNL MKT INDEX FD ADVANTAGE CL
 
138,973

2,045

FIDELITY SPARTAN LONG-TERM TREAS BD INDEX INV CL
 
26,088

1,370

FIDELITY SPARTAN TOTAL MKT INDEX FD ADV CL
 
80,351

429

FIDELITY SPARTAN TOTAL MKT INDEX FD INVESTOR CLASS
 
25,198

1,936

FIDELITY STRATEGIC DIV & INC FD
 
26,351

911

FIDELITY STRATEGIC INCOME FD
 
9,242

2,402

FIDELITY TELECOM AND UTILITIES FUND
 
52,539

946

FIDELITY TOTAL BOND FUND
 
9,705

299

FIDELITY VALUE FUND
 
28,675

984

FIDELITY WORLDWIDE FUND
 
21,865

617

FINANCIAL INVS TR EMERALD GROWTH FD CL C
 
10,021

8,194

FINANCIAL INVS TR LISTED PRIVATE EQUITY FD CL A
 
49,574

659

FINANCIAL INVS TR VULCAN VALUE PARTNERS FD
 
10,694

347

FIRST EAGLE FUND OF AMERICA CLASS Y
 
12,361

696

FIRST EAGLE GLOBAL FUND CL A
 
35,760

6,069

FIRST EAGLE GOLD FUND CL A
 
69,371

20,691

FIRSTHAND FDS ALTERNATIVE ENERGY FD
 
120,628

1,077

FMI FDS INC INTL FD
 
30,358

20,785

FMI FUNDS INC LARGE CAP FUND
 
386,800

4,545

FORUM ABSOLUTE STRATEGIES FD CL R
 
44,909

4,370

FORUM FDS ABSOLUTE STRATEGIES FD INSTL
 
44,094

1,080

FORUM FDS MERK ABSOLUTE RETURN CURRENC
 
9,156

1,070

FORUM FDS MERK ASIAN CURRENCY FD INV SHS
 
9,425

933

FORUM FDS MERK HARD CURRENCY FD INVS SHS
 
8,557

7,261

FORWARD EM CORPORATE DEBT FUND INVESTOR CL
 
55,329

4,762

FPA FDS TR FPA CRESCENT PORTFOLIO INSTL
 
147,910

557

FRANKLIN BIOTECHNOLOGY DISCOVERY FUND-CL A
 
91,137

22,299

FRANKLIN INCOME FDS SER CL C
 
47,273

33,877

FRANKLIN INCOME SERIES CL A
 
71,143

328

FRANKLIN MODERATE ALLOCATION FD CL A
 
4,751

2,863

FRANKLIN MUTUAL BEACON FUND CL C
 
40,372

568

FRANKLIN MUTUAL FINANCIAL SERVICES FUND CL A
 
11,185

1,559

FRANKLIN MUTUAL FINANCIAL SERVICES FUND CL C
 
30,578

1,719

FRANKLIN RISING DIVS FD CL A
 
82,083

790

FRANKLIN STRATEGIC SER SMALL CAP GROWTH FD CL R
 
12,975

5,187

FRANKLIN TEMPLETON FUND STRATEGIC SER INCOME FUND CL-C
 
47,461

1,424

FRANKLIN TEMPLETON FUNDS DYNATECH SERIES CL A
 
69,601

560

FRANKLIN TEMPLETON FUNDS GOLD & PRECIOUS METALS FD CL A
 
6,167

1,251

FRANKLIN TEMPLETON FUNDS GROWTH SERIES CL A
 
91,818

911

FRANKLIN TEMPLETON FUNDS UTILITIES SERIES CL A
 
14,048

644

FUNDAMENTAL INVESTORS INC CLASS A
 
32,647

505

FUNDAMENTAL INVS INC CL F1
 
25,603


48



2,212

FUNDAMENTAL INVS INC CL R-5
 
112,238

707

FUNDAMENTAL INVS INC CL R-6
 
35,844

1,593

FUNDVANTAGE TR POLEN GROWTH FD RETAIL CL
 
30,496

192

FUNDX INVT TR FUNDX CONSERVATIVE UPGRADER FD
 
7,135

328

FUNDX INVT TR FUNDX FLEXIBLE INCOME FD
 
9,283

1,445

GABELLI EQUITY SERIES FUNDS INC-EQUITY INCOME FUND
 
37,331

491

GABELLI EQUITY SERIES FUNDS INC-SMALL CAPITAL GROWTH FUND
22,405

1,198

GABELLI FOCUS FIVE FUND CL AAA
 
14,921

5,980

GABELLI UTILS FD CL AAA SHS
 
52,025

527

GAMCO GLOBAL SER FDS INC TELECOMMUNICATIONS FD CL AAA
 
11,228

2,319

GAMCO GOLD FUND INC CL AAA
 
20,156

3,627

GLENMEDE FD INC LARGE CAP 100 PORT
 
78,461

191,246

GLENMEDE FD INC LARGE CAP GROWTH PORT
 
4,645,359

3,271

GLENMEDE FUND GLENMEDE SMALL CAP EQUITY A
 
81,394

642

GOLDMAN SACHS GROWTH STRATEGY PORTFOLIO-CL A
 
8,173

3,188

GOLDMAN SACHS INTERNATIONAL SMALL CAP INSIGHTS FUND CL A
33,342

129

GOLDMAN SACHS LARGE CAP GROWTH INSIGHTS FUND CL A
 
2,931

10,897

GOLDMAN SACHS STRATEGIC INCOME FUND CL A
 
104,830

222

GRANDEUR PEAK EMRGNG MRKTS OPPORTUNITIES FD INV CL
 
2,143

7,895

GRANDEUR PEAK GLOBAL OPPORTUNITIES INV
 
23,528

2,940

GREENSPRING FUND INC
 
65,214

3,955

GROWTH FD AMER INC CL R-5
 
163,122

5,076

GROWTH FUND AMER INC CL F1
 
208,356

748

GROWTH FUND OF AMERICA (THE) CLASS A
 
30,881

10,484

GUINNESS ATKINSON FDS ALTERNATIVE ENERGY FD
 
31,767

454

GUINNESS ATKINSON FDS ASIA PACIFIC DIV BUILDER FUND
 
5,810

3,534

GUINNESS ATKINSON GLOBAL ENERGY FUND
 
65,522

591

HANCOCK HORIZON FAMILY FDS BURKENROAD FD CL A
 
32,377

1,457

HANCOCK HORIZON FAMILY FDS BURKENROAD FD CL D
 
77,407

819

HARBOR CAPITAL APPRECIATION FUND INSTITUTIONAL
 
49,816

4,474

HARBOR CAPITAL APPRECIATION FUND INVESTOR CLASS
 
265,219

751

HARBOR FD GLOBAL GROWTH FD INV CL
 
15,525

17,112

HARBOR FD REAL RETURN FD INSTL CL
 
151,786

2,220

HARBOR HIGH YIELD BOND FUND INSTITUTIONAL CLASS
 
20,844

4,029

HARBOR INTERNATIONAL FUND INSTITUTIONAL
 
239,448

6,291

HARBOR INTERNATIONAL FUND INVESTOR CLASS
 
370,723

8,935

HARBOR INTERNATIONAL GROWTH FUND INSTITUTIONAL
 
109,900

2,513

HARDING LOEVNER EMERGING MARKETS PORTFOLIO ADVISOR CL
 
98,559

8,812

HARDING LOEVNER FDS INC FRONTIER EMRG MKTS PORT INV CL
 
62,391

15,312

HARDING LOEVNER FDS INC INTL EQUITY PORT INVS CL
 
261,535

5,705

HARDING LOEVNER FDS INC INTL SMLL COS PORTFLIO INV CL
 
76,217

4,391

HARDING LOEVNER FUNDS INC INTL EQUITY PORTFOLIO INSTL CL
 
75,078

619

HARTFORD MUTUAL FUNDS INC CAPITAL APPRECIATION FUND CL A
21,218

597

HEARTLAND GROUP INC VALUE PLUS FUND
 
14,383

560

HEARTLAND SELECT VALUE FUND
 
15,176

66

HENDERSON GLOBAL FDS EUROPEAN FOCUS FD CL I SHS
 
2,208

5,566

HENNESSY CORNERSTONE MID CAP 30 FUND INVESTOR CLASS SHARES
103,194

1,498

HENNESSY FDS TR CORNERSTONE LARGE GRWTH FD INVT CL
 
14,412

5,131

HENNESSY GAS UTILITY INDEX FUND INVESTOR CLASS
 
124,745

1,285

HENNESSY JAPAN FUND INVESTOR CLASS SHARES
 
30,472

1,138

HENNESSY JAPAN SMALL CAP FUND INVESTOR CLASS SHARES
 
11,621

860

HENNESSY LARGE CAP FINANCIAL FUND INVESTOR CLASS
 
14,394

732

HENNESSY MUT FDS INC CORNERSTONE VALUE FD INVT CL
 
12,178

556

HENNESSY SMALL CAP FINANCIAL FUND INVESTOR CLASS
 
12,291


49



1,488

HOMESTEAD FDS INC SMALL CO STK FD
 
52,734

345

HOTCHKIS & WILEY FUNDS MID CAP VALUE FD CL A
 
10,674

2,947

HUSSMAN INVESTMENT TRUST STRATEGIC TOTAL RETURN FUND
 
32,625

10,701

HUSSMAN INVT TR STRATEGIC GROWTH FUND
 
87,535

3,257

HUSSMAN INVT TR STRATEGIC INTL EQUITY FD
 
28,920

7,211

ICON FUNDS ENERGY FUND
 
78,668

176

ICON FUNDS FINANCIAL FUND
 
1,400

2,693

ICON FUNDS ICON MATERIALS FUND
 
30,382

410

ICON UTILITIES FUND CL S
 
3,281

1,669

INTEGRITY FD WILLISTON BASIN/MID NORTH AMER CL A
 
7,192

218

INTERNATIONAL GROWTH & INC FD INC CL A SHS
 
6,186

2,400

INTERNATIONAL GROWTH & INC FD INC CL F-1 SHS
 
68,011

129

INVESCO AMERICAN FRANCHISE FUND CLASS A
 
2,144

7,532

INVESCO AMERICAN FRANCHISE FUND CLASS C
 
118,320

7,395

INVESCO COMSTOCK FUND CLASS C
 
160,392

397

INVESCO DIVERSIFIED DIVIDEND FD CL A
 
6,974

2,438

INVESCO DIVERSIFIED DIVIDEND FD INV CL
 
42,841

158

INVESCO ENERGY FUND CLASS A
 
3,589

734

INVESCO ENERGY FUND CLASS INVESTOR
 
16,649

156

INVESCO EUROPEAN GROWTH FUND CLASS INVESTOR
 
5,380

146

INVESCO GLOBAL HEALTH CARE FD CL Y
 
5,668

648

INVESCO GLOBAL HEALTH CARE FD-CL A
 
24,768

4,624

INVESCO GOLD & PRECIOUS METALS FD CL Y
 
13,410

98

INVESCO GOLD & PRECIOUS METALS FUND CL C
 
282

45

INVESCO GREATER CHINA FUND CL A
 
902

7,208

INVESCO INTERNATIONAL CORE EQUITY FD INVST CL
 
74,747

806

INVESCO MID CAP CORE EQUITY FD CL Y
 
17,259

274

INVESCO MID CAP CORE EQUITY FUND CL A
 
5,794

362

INVESCO MUNICIPAL INCOME FUND INVESTOR CLASS
 
4,937

1,255

INVESTMENT CO AMER CL R-6
 
41,860

171

INVESTMENT CO AMER CLASS A
 
5,702

4,754

IVA FIDUCIARY TR IVA INTL FD CL A
 
74,064

6,446

IVA FIDUCIARY TR IVA INTL FD CL I
 
100,421

364

IVA FIDUCIARY TR IVA WORLDWIDE FD CL A
 
5,940

7,730

IVY ASSET STRATEGY I
 
171,368

850

IVY FDS INC ASSET STRATEGY FD CL Y
 
18,681

4,694

IVY FDS INC HIGH INCOME FD CL A
 
32,574

769

IVY FDS INC SCI & TECHNOLOGY FD CL I
 
42,158

20

IVY FDS INC SCIENCE & TECH FD CL A
 
1,008

71

IVY FDS INC SCIENCE & TECH FD CL Y
 
3,770

1,426

IVY FDS INTL CORE EQUITY FD CL I
 
23,911

6,984

IVY INTERNATIONAL CORE EQUITY FUND CLASS A
 
116,563

2,861

JAMES ADVANTAGE FDS BALANCED GOLDEN RAINBOW FUND
 
68,298

2,174

JAMES ADVANTAGE FDS SMALL CAP FUND
 
67,281

613

JANUS CONTRARIAN FUND CLASS T SHARES
 
11,399

409

JANUS ENTERPRISE FUND CLASS T SHARES
 
35,003

394

JANUS GLOBAL SELECT FUND CLASS R SHARES
 
4,988

1,297

JANUS GLOBAL SELECT FUND CLASS T SHARES
 
16,455

930

JANUS INVESTMENT FUND FLEXIBLE BOND FUND CLASS T
 
9,581

3,467

JANUS INVESTMENT FUND GLOBAL LIFE SCIENCES FD CL T
 
180,600

274

JANUS INVT FD GLOBAL LIFE SCIENCES FD CL C
 
13,336

1,298

JANUS INVT FD GLOBAL LIFE SCIENCES FD CL I
 
67,901

3,384

JANUS INVT FD INTECH U S MANAGED VOLATILITY FUND CL T
 
30,355

224

JANUS INVT FD PERKINS MID CAP VALUE FD CL S
 
3,475


50



533

JANUS OVERSEAS FUND CLASS T SHARES
 
14,679

5,640

JANUS TRITON FUND CLASS T SHARES
 
123,959

2,451

JENSEN PORTFOLIO INC JENSEN QUALITY GROWTH FD
 
89,553

5,099

JOHN HANCOCK FDS II GBL ABSOLUTE RET STRATEGIES A
 
52,978

4,673

JOHN HANCOCK FDS II GBL ABSOLUTE RET STRATEGIES I
 
48,601

3,951

JOHN HANCOCK FDS III DISCIPLINED VALUE FD CL A
 
70,005

1,107

JOHN HANCOCK REGIONAL BANK FUND-CL A
 
21,140

758

JP MORGAN GROWTH ADVANTAGE FD CL A
 
11,379

430,636

JPMORGAN TR I 100% U S TREAS SECS MNY MKTCL MORGAN SHARE CL
430,636

418

JPMORGAN TR I EMERGING ECONOMIES FD CL A
 
4,295

1,680

JPMORGAN TR I INCOME BLDR FD CL A
 
16,299

7,551

JPMORGAN TR I INCOME BLDR FD SELECT CL
 
73,394

4,719

JPMORGAN TR I INTERNATIONAL EQI INCOME FD SELECT SH
 
71,357

3,799

JPMORGAN TR I INTL VALUE FD CL A
 
47,335

411

JPMORGAN TR I INTREPID AMER FD CL R5
 
14,657

158

JPMORGAN TR I MID CAP EQUITY FD CL A
 
6,682

18,001

JPMORGAN TR I PRIME MONEY MKT FD MORGAN CL
 
18,001

1,434

JPMORGAN TR I PRIME MONEY MKT FD MORGAN CL SECURITY SYMBOL IS V MVXX
1,434

440

JPMORGAN TR I SMARTRETIREMENT INCOME FD CL A
 
7,428

2

JPMORGAN TR I SMARTRETIREMNT BLEND 2040 FD SELECT CL SHS
 
41

7,699

JPMORGAN TR I STRATEGIC INCM OPPTYS FD CL A
 
85,225

1,883

JPMORGAN TR I VALUE ADVANTAGE FD CL A
 
52,346

6,130

JPMORGAN TR II CORE BD FD CL A
 
70,805

36,538

JPMORGAN TR II CORE BD FD SELECT CL
 
421,649

1,128

JPMORGAN TR II EQUITY INCOME FD CL A
 
15,086

18,102

JPMORGAN TR II EQUITY INCOME FD CL C
 
238,582

11,367

JPMORGAN TR II HIGH YIELD FD CL A
 
77,295

207

JPMORGAN TR II LARGE CAP GROWTH FD CL R5
 
7,456

43

JPMORGAN TR II MTG BACKED SECS FD CL A
 
497

832,114

JPMORGAN TR II U S GOVT MONEY MKT FD MORGAN
 
832,114

37,588

JPMORGAN US GOVT MMKT - PREMIER SHR FUND 1086
 
37,617

762,914

JPMORGAN US GOVT MMKT - PREMIER SHR FUND 1086
 
762,937

1,029,637

JPMORGAN US GOVT MMKT - PREMIER SHR FUND 1086
 
1,029,659

1,100,001

JPMORGAN US GOVT MMKT - PREMIER SHR FUND 1086
 
1,100,019

1,147,802

JPMORGAN US GOVT MMKT - PREMIER SHR FUND 1086
 
1,147,830

3,209,410

JPMORGAN US GOVT MMKT - PREMIER SHR FUND 1086
 
3,209,463

3,936,585

JPMORGAN US GOVT MMKT - PREMIER SHR FUND 1086
 
3,936,628

2,291

KEELEY SMALL CAP VALUE FD CL A
 
67,755

2,233

LAUDUS TRUST LAUDUS U S LARGE CAP GROWTH FD
 
37,018

9,476

LAZARD EMERGING MARKETS PORT OPEN SHS
 
130,954

1,497

LAZARD FDS INC INTL STRATEGIC EQI PORT OPEN
 
20,119

876

LAZARD FDS INC US EQI CONCENTRATED POF OPEN SHS
 
12,199

3,979

LAZARD GLOBAL LISTED INFRASTRUCTURE PORT OPEN SHS
 
53,522

2,911

LAZARD INTERNATIONAL EQUITY PORT OPEN SHS
 
50,154

283

LAZARD INTERNATIONAL SMALL CAPITALIZATION PORT OPEN SHS
3,089

72

LEUTHOLD CORE INVESTMENT FUND
 
1,268

6,514

LEUTHOLD FUNDS INC GRIZZLY SHORT FUND
 
47,947

141

LITMAN GREGORY FDS TR MASTERS INTL FD INV CL
 
2,253

56,882

LOOMIS SAYLES BOND FUND RETAIL CLASS
 
729,224

12,420

LOOMIS SAYLES GLOBAL BOND FUND RETAIL CLASS
 
181,954

5,875

LORD ABBETT INVT TR FLTG RATE FD CL A
 
51,696

198

LORD ABBETT MULTI ASSET GROWTH FUND CL A
 
3,049

97,755

LORD ABBETT SHORT DURATION INCOME FUND CL I
 
421,324

338

MADISON FDS INVS FD CL Y
 
6,103


51



689

MADISON FDS MID CAP FD CL Y
 
5,667

1,201

MAINSTAY MARKETFIELD FUND CL A
 
17,760

1,407

MAINSTAY S&P 500 INDEX FUND CLASS A
 
63,533

32

MAIRS & PWR FDS TR GROWTH FD
 
3,301

518

MANAGED PORTFOLIO SER MUHLENKAMP FD
 
26,073

142

MANAGED PORTFOLIO SER NUANCE CONCENTRATED VALUE FD INSTL CL
1,701

466

MANAGED PORTFOLIO SER TORTOISE MLP & PIPELINE FD C
 
4,630

736

MARSICO 21ST CENTURY FUND
 
15,887

2,216

MARSICO FOCUS FUND
 
35,926

7,908

MARSICO GROWTH FD
 
123,995

2,152

MARSICO INVT FD FLEXIBLE CAP FD
 
32,578

3,092

MARSICO INVT FD INTL OPPORTUNITIES FD
 
48,550

5,533

MATTHEW 25 FD INC
 
140,439

6,486

MATTHEWS ASIA DIVIDEND FUND
 
99,619

3,534

MATTHEWS ASIA SCIENCE AND TECHNOLOGY FUND
 
43,545

13,901

MATTHEWS ASIAN FDS ASIA SMALL COS FD
 
269,815

2,896

MATTHEWS ASIAN GROWTH & INCOME FUND
 
46,430

1,146

MATTHEWS CHINA FUND
 
21,111

1,994

MATTHEWS INDIA FUND
 
52,713

380

MATTHEWS INTL FDS ASIA GROWTH FUND
 
8,004

346

MATTHEWS JAPAN FUND
 
6,568

3,477

MATTHEWS KOREA FUND
 
21,381

3,935

MATTHEWS PACIFIC TIGER FUND
 
92,619

247

MERGER FUND-SBI
 
3,775

1,947

MERIDIAN CONTRARIAN FUND
 
62,432

61,994

METROPOLITAN WEST FDS TOTAL RETURN BOND FUND
 
658,381

1,829

METROPOLITAN WEST FUNDS HIGH YIELD BOND FUND CLASS M
 
16,662

149

MFS GROWTH FUND CL I
 
11,068

379

MFS SER TR I VALUE FUND CL I
 
12,494

309

MFS SER TR X INTL DIVERSIFICATION FD CL A
 
4,738

793

MFS SER TR X INTL VALUE FD CL A
 
27,072

2,091

MFS SERS TRUST VI UTILITIES FD CL I
 
35,318

725

MFS SERS TRUST X FOREIGN & COLONIAL INTL GROWTH FD CL I
 
20,710

10,064

MFS TOTAL RETURN BOND FUND CL R4 SHS
 
105,667

1,709

MORGAN STANLEY INSTL FD INC GROWTH PORTFOLIO CL A
 
67,179

398

MORGAN STANLEY INSTL FD INC SMALL CO GROWTH PORTFOLIO CL L
4,743

2,599

MOTLEY FOOL FDS TR GREAT AMERICA FD
 
48,211

2,201

MOTLEY FOOL FDS TR MOTLEY FOOL INDEPENDENCE FD
 
43,728

1,853

MSIF GLOBAL GROWTH PORTFOLIO CLASS A
 
29,710

4,640

MUTUAL FD SER TR EVENTIDE GILEAD FD RETAIL CL
 
118,546

6,691

MUTUAL FD SER TR EVENTIDE HLTHCR & LIFE SCIENCES FD CL I
 
160,248

224

NATIONWIDE FUND CL C
 
4,487

11,864

NATIXIS LOOMIS SAYLES CORE PLUS BD FD CL A
 
144,620

136

NEEDHAM AGGRESSIVE GROWTH FD
 
2,652

2,990

NEUBERGER & BERMAN EQUITY FDS EQUITY INCOME FD CL A
 
34,052

12,514

NEUBERGER BERMAN ALTRNTIVE FDS ABSOL RTNMUL A
 
126,262

251

NEUBERGER BERMAN EQUITY FDS REAL ESTATE FD TR CL
 
3,472

1,337

NEUBERGER BERMAN GENESIS FD INVESTOR CLASS
 
41,190

857

NEUBERGER BERMAN GENESIS FUND TRUST CLASS
 
46,048

3,988

NEUBERGER BERMAN INTERNATINL EQUITY FUND INVESTOR CLASS
80,910

900

NEUBERGER BERMAN STRATEGIC INCOME FD TR CL
 
9,474

2,510

NEW ECONOMY FUND SBI CLASS A
 
90,252

611

NEW PERSPECTIVE FD INC CL R-6
 
22,003

151

NEW PERSPECTIVE FUND INC CL A
 
5,438


52



1,230

NEW WORLD FD INC CLASS R-5
 
61,593

82

NEW WORLD FUND INC NEW
 
4,122

1,355

NICHOLAS FUND INC
 
84,950

1,057

NORTHERN EQUITY INDEX FDS MID CAP INDEX FD
 
16,683

508

NORTHERN FUNDS INCOME EQUITY FUND
 
6,067

83,214

NORTHERN LTS FD TR PAC FINL CORE EQUITY FD INV CL
 
723,127

39,377

NORTHERN LTS FD TR PAC FINL DYNMC ALLOCATION INV
 
395,735

78,262

NORTHERN LTS FD TR PAC FINL EXPLORER FD INV CL
 
716,101

16,253

NORTHERN LTS FD TR PAC FINL FLXBL GRWTH & INC INV
 
159,115

84,035

NORTHERN LTS FD TR PAC FINL INTL FD INV CL
 
440,345

30,434

NORTHERN LTS FD TR PAC FINL STRTG CONSRVT INV CL
 
279,077

75,051

NORTHERN LTS FD TR PAC FINL TACTICAL FD INV CL
 
700,226

79

OAK ASSOCS FUNDS PIN OAK AGGRESSIVE STOCK FUND
 
3,942

2,390

OAKMARK EQUITY & INCOME FUND
 
68,281

1,440

OAKMARK FUND
 
90,547

1,692

OAKMARK GLOBAL FUND
 
45,857

11,098

OAKMARK GLOBAL SELECT FUND
 
171,468

11,149

OAKMARK INTERNATIONAL FUND
 
238,143

6,934

OAKMARK INTERNATIONAL FUND CL II
 
149,003

4,055

OAKMARK INTERNATIONAL SMALL CAP FUND
 
57,456

7,244

OAKMARK SELECT FUND
 
284,027

126

OBERWEIS FDS INTL OPPTYS FD
 
2,697

603

OBERWEIS MICRO-CAP PORTFOLIO
 
10,654

154

OBERWEIS SMALL-CAP OPPORTUNITIES FUND
 
2,078

1,993

OCM MUT FD GOLD FD ADVISOR CL
 
14,944

717

OPPENHEIMER DEVELOPING MARKETS FUND-CL A
 
21,801

2,468

OPPENHEIMER DEVELOPING MKTS FDS CL Y
 
74,006

917

OPPENHEIMER DEVELOPING MKTS FUNDS CL R
 
26,833

199

OPPENHEIMER GLOBAL FUND-CL C
 
13,903

307

OPPENHEIMER INTERNATIONAL GROWTH FUND-CL A
 
11,085

69,922

OPPENHEIMER INTERNATIONAL SMALL MID COMPANY FUND CL A
 
2,604,590

142

OPPENHEIMER INTERNATIONAL SMALL MID COMPANY FUND CL R
 
5,082

2,482

OPPENHEIMER INTL BD FD CL R
 
13,651

3,916

OPPENHEIMER INTL BD FD CLASS Y
 
21,614

234

OPPENHEIMER INTL GROWTH FD CL I SHS
 
8,414

639

OPPENHEIMER STEELPATH MLP ALPHA FUND A
 
5,516

4,324

OPPENHEIMER STEELPATH MLP SELECT 40 FUND A
 
38,956

46,340

OSTERWEIS STRATEGIC INCOME FUND
 
493,989

20,121

PARNASSUS CORE EQUITY FUND INVESTOR SHARES
 
743,876

2,291

PARNASSUS WORKPLACE FUND
 
64,301

282

PAX WORLD GLOBAL ENVIRONMENTAL MRKT FD INV CL
 
3,379

12,542

PAX WORLD HIGH YIELD BOND FD INDIVIDUAL INVESTOR CLASS
 
78,386

2,228

PEAR TREE FDS PEAR TREE POLARIS FOREIGN VLE FD ORD SHS
 
38,343

1,079

PERKINS GLOBAL VALUE FUND CL T
 
14,019

6,471

PERKINS MID CAP VALUE FD CLASS T SHS
 
99,526

5,026

PERMANENT PORTFOLIO FUND INC
 
173,663

193

PERMANENT PORTFOLIO FUND INC AGGRESSIVE GROWTH PORTFOILO
11,286

2,467

PFS FDS WIRELESS FD
 
19,368

8,132

PIMCO ALL ASSET ALL AUTHORITY P
 
62,292

9,603

PIMCO COMMODITY REAL RETURN STRATEGY CLASS D
 
59,441

8,234

PIMCO COMMODITY REAL RETURN STRATEGY FUND INSTITUTIONAL CL
51,957

4,009

PIMCO EQUITY SER DIVID & INC BUILDER FD CL D
 
39,773

1,060

PIMCO FDS ALL ASSET ALL AUTH FD INSTL CL
 
8,109

1,564

PIMCO FDS COMMODITIES PLUS STRATEGY FD CL D
 
8,383


53



1,106

PIMCO FDS EMERGING MKTS CURR FDS CL D
 
9,245

691

PIMCO FDS EMERGING MKTS CURR FDS INST CL
 
5,777

2,385

PIMCO FDS LONG DURATION TOTAL RET FD INSTL CL
 
25,493

1,957

PIMCO FDS PAC INVT MGMT SER ALL ASSET ALL AUTH FD CL D
 
14,933

6,975

PIMCO FDS PAC INVT MGMT SER GLOBAL BD FD II INSTL CL
 
68,354

22,261

PIMCO FDS PAC INVT MGMT SER LOW DURATION FD CL D
 
219,498

19,555

PIMCO FDS PAC INVT MGMT SER REAL RETURN FD-CL D
 
205,522

25,258

PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD CL D
 
254,350

727

PIMCO FDS STOCKSPLUS ABSOLUTE RETURN FUND CL D
 
6,321

5,844

PIMCO FDS UNCONSTRAINED BD FD INSTL CL
 
60,253

333

PIMCO FLOATING INCOME FUND CLASS D
 
2,593

14,298

PIMCO FOREIGN BOND FUND CL D U.S. DOLLAR-HEDGED
 
141,691

10,764

PIMCO INCOME FD INSTL CL
 
126,257

23,506

PIMCO INCOME FUND CLASS D
 
275,722

2,537

PIMCO INVESTMENT GRADE CORPORATE BOND FUND CL D
 
25,162

1,665

PIMCO RAE FUNDAMENTAL PLUS FUND CLASS A
 
9,273

1,225

PIMCO RAE FUNDAMENTAL PLUS FUND CLASS D
 
6,813

2,501

PIMCO REAL RETURN BOND FUND INSTL CL
 
26,286

1,122

PIMCO REALESTATE REAL RETURN STRATEGY CLASS D
 
7,745

149

PIMCO STOCKSPLUS INTNL FUND U S DOLLAR HEDGED CL A
 
1,014

6,377

PIMCO STOCKSPLUS INTNL FUND U S DOLLAR HEDGED CL D
 
43,493

761

PIMCO STOCKSPLUS SMALL FUND CLASS D
 
5,837

3,419

PIMCO TOTAL RETURN FUND ADMINISTRATIVE SHS
 
34,430

61,548

PIMCO TOTAL RETURN FUND INSTL CL
 
619,787

3,511

PIMCO TOTAL RETURN FUND-CL A
 
35,357

1,004

POLARIS GLOBAL VALUE FUND
 
21,245

5,947

PRIMECAP ODYSSEY FDS AGGRESSIVE GROWTH FD
 
192,692

14,634

PRIMECAP ODYSSEY FDS GROWTH FD
 
399,788

2,947

PRIMECAP ODYSSEY FDS STK FD
 
69,568

2,306

PRINCIPAL FDS INC HIGH YIELD FD CL P
 
15,611

229

PROFESSIONALLY MANAGED PORT FOLIOS VILLERE BALANCED FD
 
4,296

656

PROFESSIONALLY MANAGED PORTF HODGES FUND
 
21,987

7,330

PROFESSIONALLY MANAGED PRTFL AKRE FOCUS FD RETAIL CL
 
169,470

456

PROFUNDS CONSUMER SERVICES ULTRASECTOR INV CL
 
38,435

49

PROFUNDS EUROPE 30 FUND INV CL
 
566

247

PROFUNDS HEALTH CARE ULTRASECTOR INVT CL
 
11,942

6,024

PROFUNDS INC INVESTOR CL BIOTECHNOLOGY ULTRASECTOR
 
392,533

2,644

PROFUNDS INTERNET ULTRASECTOR SERV CL
 
96,607

29

PROFUNDS MUT FDS INV CL OILFIELD EQUIPT & SVCS ULTRA
 
323

229

PROFUNDS OIL & GAS ULTRASECTOR INVESTOR CL
 
6,927

1,211

PROFUNDS OIL & GAS ULTRASECTOR SERVICE CL
 
31,658

431

PROFUNDS PRECIOUS METALS ULTRASECTOR INV CL
 
8,672

10,761

PROFUNDS RISING RATES OPPORTUNITY 10 INV CL
 
168,407

10,979

PROFUNDS RISING RATES OPPORTUNITY INV
 
63,900

1,089

PROFUNDS SHORT NASDAQ-100 INV CL
 
17,418

51

PROFUNDS SHORT PRECIOUS METALS PROFUND INVT CL
 
599

251

PROFUNDS SHORT REAL EST PROFUND INV CL
 
4,684

140

PROFUNDS SVC CL BIOTECHNOLOGY ULTRASECTOR
 
7,576

349

PROFUNDS ULTRAMID-CAP INVESTOR CLASS
 
27,462

21

PROFUNDS ULTRANASDAQ 100 INV
 
2,066

21

PROFUNDS ULTRANASDAQ-100 SVC
 
1,730

236

PROFUNDS ULTRASHORT DOW 30 FD INVESTOR CL
 
1,388

423

PROFUNDS ULTRASHORT INTL PROFUND INVS
 
10,261

637

PROFUNDS ULTRASHORT LATIN AMERICA INVS CL
 
21,766


54



991

PROFUNDS ULTRASHORT SMALL-CAP FD INV CL
 
20,923

7,797

PROVIDENT TR MUT FDS INC PROVIDENT TR STRATEGY FD
 
87,324

4,030

PRUDENTIAL JENNISON EQUITY INCOME FUND CLASS Z
 
58,558

167

PRUDENTIAL JENNISON HEALTH SCIENCES FUND CLASS A
 
7,285

515

PRUDENTIAL JENNISON NATURAL RESOURCES FUND INC CLASS Z
 
14,990

446

PRUDENTIAL JENNISON SMALL COMPANY FUND INC CLASS A
 
9,402

974

PRUDENTIAL JENNISON UTILITY FUND CLASS A
 
11,730

297

PRUDENTIAL JENNISON UTILITY FUND CLASS C
 
3,563

357

PRUDENTIAL QMA SMALL CAP VALUE FUND CLASS Z
 
5,854

1,844

PUTNAM EUROPE EQUITY FUND CLASS A
 
45,430

9

PUTNAM FDS TR EQUITY SPECTRUM FD CL A
 
302

4,037

PUTNAM GLOBAL CONSUMER FUND CL Y
 
70,604

1,854

PUTNAM GLOBAL HEALTH CARE FUND CL A
 
116,657

1,380

QS BATTERYMARCH U S SMALL CAPITALIZATION EQI FD CL A
 
16,485

1,310

QS BATTERYMARCH U S SMALL CAPITALIZATION EQI FD CL I
 
15,848

1,751

RAINIER INVT MGMT MUT FDS MID CAP EQUITY PORTFOLIO
 
79,306

3,233

RBB FD INC SCHNEIDER VALUE FD CL PPP
 
52,115

769

RBB FD INC SCOTIA DYNAMIC U S GRW FD CL I
 
19,838

1,971

RBB FUND INC SCHNEIDER SMALL CAP VALUE FD
 
20,613

669

RBC MICRO CAP VALUE FUND CLASS I
 
17,674

1,581

REYNOLDS BLUE CHIP GROWTH FUND
 
88,164

1,307

RIDGEWORTH FDS MID-CAP VALUE EQUITY FD CL I
 
15,715

5,322

RIDGEWORTH FDS SEIX FLTG RATE INCOME FD CL A
 
43,956

24,298

RIDGEWORTH FDS SEIX FLTG RATE INCOME FD CL I
 
200,700

2,161

RIDGEWORTH FDS SEIX HIGH INCOME FUND CL R
 
12,644

5,000

RIDGEWORTH FDS SEIX US GOV SEC ULTRA SHORT I
 
50,250

4,739

RIVERPARK FDS TR LONG/SHORT OPPORTUNITY FD RETAIL CL
 
49,573

235

ROYCE FD INTL SMALL CAP FUND SVC CL
 
2,216

574

ROYCE FD PREMIER FD SERVICE CL
 
8,030

3,741

ROYCE FD SPECIAL EQUITY FD
 
67,119

564

ROYCE FUND PREMIER SERIES
 
8,051

1,789

ROYCE FUND ROYCE OPPORTUNITY FUND
 
18,908

489

ROYCE FUND TOTAL RETURN FUND
 
5,820

10,756

ROYCE FUND-PENNSYLVANIA MUTUAL FUND INVESTMENT CL
 
100,352

112

ROYCE GLOBAL VALUE FUND SVC CL
 
1,452

18,023

ROYCE SMALLER COMPANIES GROWTH FUND SERVICE CL
 
201,861

246

RS INVT TR PARTNERS FD
 
6,616

522

RS INVT TR PARTNERS FD CL Y
 
14,484

7,675

RUSSELL STRATEGIC BOND FUND CL S
 
81,964

815

RYDEX DYNAMIC FDS INVERSE DOW 2X STRATEGY CL C
 
21,006

13

RYDEX DYNAMIC FDS INVERSE DOW 2X STRATEGY CL H
 
364

235

RYDEX DYNAMIC FDS INVERSE NASDAQ-100 2X STRATEGY CL A
 
3,633

270

RYDEX DYNAMIC FDS NASDAQ-100 2X STRATEGY CL A
 
104,636

21

RYDEX DYNAMIC FDS NASDAQ-100 2X STRATEGY CL H
 
8,042

1,752

RYDEX S&P SMALLCAP 600 PURE VALUE FD CL H
 
38,602


RYDEX SER FDS GOVT LONG BD STRATEGY FD H CL
 
9

1,762

RYDEX SER FDS INV RUSSELL 2000 2X STRAT CL C
 
44,871

1,440

RYDEX SER FDS INVERSE HIGH YIELD STRATEGY FD CL C
 
25,855

101

RYDEX SER FDS RUSSELL 2000 2X STRATEGY CL H
 
26,014

34

RYDEX SER FUNDS ENERGY FD CL A
 
525

193

RYDEX SERIES FDS INVERSE GVT LG BD STRAT CL INV
 
7,238

16,827

RYDEX SERIES FDS INVERSE S&P 500 STRAT CL INV
 
238,269

1,482

RYDEX SERIES TRUST BIOTECHNOLOGY FUND INV CL
 
130,603

183

RYDEX SERIES TRUST CONSUMER PRODUCTS FUND INV CL
 
10,958


55



477

RYDEX SERIES TRUST NASDAQ-100
 
12,572

286

RYDEX SERIES TRUST PRECIOUS METALS FUND
 
5,223

69

SARATOGA ENERGY & BASIC MATERIALS CLASS A
 
679

103

SARATOGA HEALTH AND BIOTECHNOLOGY CLASS A
 
2,941

86,167

SATURNA INVESTMENT TRUST SEXTANT INTERNATIONAL FUND
 
1,188,237

307

SCHWAB CAP TR DIVIDEND EQUITY FD
 
4,406

1,632

SCHWAB CAP TR HEALTH CARE FD
 
37,900

340

SCHWAB CAP TR LAUDUS INTL MARKET MASTERS FUND INV CLASS
7,135

141

SCHWAB CAPITAL TRUST ASSET DIRECTOR CONSERVATIVE
 
2,066

8,457

SCHWAB FUNDAMENTAL INTERNTNL SMALL COMPANY INDEX FUND
92,689

37,479

SCHWAB FUNDAMENTAL US LARGE COMPANY INDEX FUND
 
525,834

4,707

SCHWAB S&P 500 FUND
 
148,563

10,582

SCHWAB TOTAL BOND MARKET INDEX FUND
 
99,367

611

SCHWARTZ INVT TR AVE MARIA CATHOLIC VALUES FUND
 
10,026

5,141

SCHWARTZ INVT TR AVE MARIA RISING DIVIDEND FD
 
80,095

222

SCOUT FDS CORE BD FD INSTL CL
 
2,530

643

SCOUT FDS INTERNATIONAL FD
 
14,910

14,402

SCOUT FDS MID CAP FD
 
207,108

546

SELECTED AMERICAN SHARES INC
 
20,167

338

SENTINEL GROUP FDS INC INTERNATIONAL EQUITY CL A
 
5,476

943

SHELTON FDS NASDAQ 100
 
11,103

452

SIT U.S. GOVERNMENT SECURITIES FUND
 
4,982

1,099

SMALLCAP WORLD FD INC CL R-5
 
48,990

503

SMALLCAP WORLD FD INC CL R-6
 
22,213

642

SMEAD FDS TR VALUE FD INV CL
 
24,995

3,460

SOUND SHORE FUND INC
 
142,884

491

SSGA FUNDS SMALL CAP FUND
 
18,562

80

SSGA FUNDS TUCKERMAN ACTIVE REIT
 
1,342

4,662

STEELPATH MLP FDS TR OPPENHEIMER STEELPATH MLP CL I
 
33,101

412

STERLING CAP FDS STRATTON SMALL CAP VALUE INSTL
 
28,766

5,364

SUNAMERICA FOCUSED SER INC FOCUSED DIVIDEND STRATEGY CL A
82,549

76

SUNAMERICA SPECIALTY SER FOCUSED ALPHA GROWTH FD CL A
 
1,779

1,528

SYMONS VALUE INSTITUTIONAL FUND
 
16,169

4,655

T ROWE PRICE 2025 RETIREMENT FUND ADVISOR CLASS
 
69,266

11,374

T ROWE PRICE AFRICA & MIDDLE EAST FUND
 
86,326

862

T ROWE PRICE BLUE CHIP GROWTH FUND INC
 
62,388

1,012

T ROWE PRICE BLUE CHIP GROWTH FUND INC ADVISOR CL
 
72,502

7,568

T ROWE PRICE CAPITAL APPRECIATION FUND ADVISOR CL
 
187,750

31,305

T ROWE PRICE CAPITAL APPRECIATION FUND-SBI
 
784,193

4,651

T ROWE PRICE DIVERSIFIED SMALL-CAP GROWTH FUND-SBI
 
119,528

134

T ROWE PRICE DIVIDEND GROWTH FUND ADVISOR CLASS
 
4,590

1,736

T ROWE PRICE DIVIDEND GROWTH FUND INC
 
59,630

199

T ROWE PRICE EQUITY INCOME FUND ADVISOR CL
 
5,659

7,233

T ROWE PRICE EQUITY INCOME FUND-SBI
 
205,855

57

T ROWE PRICE GLOBAL REAL ESTATE FD INC ADVISOR CL
 
1,120

15,406

T ROWE PRICE GLOBAL TECHNOLOGY FD INC
 
208,910

5,876

T ROWE PRICE GROWTH STOCK FUND INC
 
315,305

8,303

T ROWE PRICE HEALTH SCIENCES FUND INC
 
571,742

1,805

T ROWE PRICE HIGH YIELD FD INC
 
11,152

1,532

T ROWE PRICE HIGH YIELD FUND INC ADVISOR CL
 
9,436

10,213

T ROWE PRICE INFLATION PROTECTED BOND FUND INC
 
117,346

2,320

T ROWE PRICE INTL EQUITY INDEX FD
 
27,605

534

T ROWE PRICE INTL FDS INC EMERGING EUROPE MEDITERRANEAN
 
5,918

9,405

T ROWE PRICE INTL FUNDS INC EMERGING MARKETS BOND FUND
 
107,406


56



4,043

T ROWE PRICE INTL FUNDS INC EMERGING MARKETS STOCK FUND
 
115,231

2,330

T ROWE PRICE INTL FUNDS INC GLOBAL STOCK FUND
 
63,496

19,887

T ROWE PRICE INTL FUNDS INC INTERNATIONAL BOND FUND
 
164,468

4,848

T ROWE PRICE INTL FUNDS INC INTERNATIONAL DISCOVERY FUND
261,552

958

T ROWE PRICE INTL FUNDS INC JAPAN FUND
 
10,019

2,299

T ROWE PRICE LATIN AMERICA FUND
 
34,559

1,001

T ROWE PRICE MEDIA & TELECOMMUNICATIONS FUND INC
 
70,679

165

T ROWE PRICE MID CAP GROWTH FUND INC ADVISOR CL
 
11,772

2,601

T ROWE PRICE MID-CAP GROWTH FUND INC
 
190,680

344

T ROWE PRICE NEW AMERICA GROWTH FUND ADVISOR CLASS
 
14,206

827

T ROWE PRICE NEW AMERICA GROWTH FUND-SBI
 
34,693

1,439

T ROWE PRICE NEW ASIA FUND
 
21,960

2,393

T ROWE PRICE NEW ERA FUND INC
 
65,248

19,949

T ROWE PRICE NEW HORIZONS FUND INC
 
847,023

5,503

T ROWE PRICE NEW INCOME FUND ADVISOR CLASS
 
51,401

1,031

T ROWE PRICE REAL ESTATE FUND ADVISOR CLASS
 
28,649

111

T ROWE PRICE REAL ESTATE FUND INC
 
3,052

160

T ROWE PRICE RETIREMENT 2030 FUND
 
3,483

1,220

T ROWE PRICE SMALL CAPITAL VALUE FUND INC
 
44,306

445

T ROWE PRICE TAX EFFICIENT EQUITY FUND
 
10,043

678

TANAKA FUNDS INC GROWTH FUND CL R
 
14,926

11,247

TCW FDS INC EMERGING MKTS INCOME FD CL N
 
108,199

1,888

TCW FDS INC SELECT EQUITIES FD CL N
 
48,611

592

TCW FDS INC TOTAL RETURN BOND FD CL N
 
6,186

8,350

TEMPLETON GLOBAL BOND FD CL A
 
96,697

18,498

TEMPLETON GLOBAL BOND FUND ADVISOR CL
 
213,287

570

TEMPLETON GROWTH FUND INC CL R
 
12,389

3,112

TEMPLETON INCOME TR GLOBAL TOTAL RETURN FD CL A
 
35,724

897

THIRD AVENUE VALUE FUND INSTL CLASS
 
43,091

46,281

THOMPSON BOND FUND
 
490,577

2,426

THORNBURG INTL VALUE FUND CL I
 
59,978

262

THORNBURG INVT TR DEVELOPING WORLD FD CL A
 
4,029

260

THORNBURG INVT TRUST VALUE FUND CL A
 
13,474

269

TIAA CREF INSTL MUT FDS LARGE CAP VALUE BOND RETAIL
 
4,123

1,755

TIAA CREF INSTL MUT FDS MID CAP VALUE FD RETAIL CL
 
35,138

496

TIAA CREF INSTL MUT FDS REAL ESTATE SECS FD RETAIL CL
 
7,348

33

TOCQUEVILLE FUND
 
1,080

12,358

TOCQUEVILLE GOLD FUND
 
297,200

927

TOCQUEVILLE INTERNATIONAL VALUE FUND
 
13,022

1,987

TOUCHSTONE SANDS CAPITAL SELECT GROWTH FUND CL Z
 
32,604

2,428

TOUCHSTONE ULTRA SHORT DURATION FIXED INCOME FD CL Y
 
22,560

308

TURNER EMERGING GROWTH FD INVESTOR CLASS
 
4,986

1,723

TURNER FDS TURNER TITAN II FUND INVESTOR CL
 
15,075

485

TURNER FUNDS SMALL CAP GROWTH FUND INV CL
 
6,194

186

TURNER MIDCAP GROWTH FUND INVESTOR CLASS
 
3,378

4,114

TWEEDY BROWNE FUND INC GLOBAL VALUE FUND
 
100,640

1,022

U S GLOBAL INVESTORS FUNDS EMERGING EUROPE FUND
 
5,316

7,913

U S GLOBAL INVESTORS GOLD AND PRECIOUS METALS FUND
 
38,695

801

UNDISCOVERED MANAGERS FDS BEHAVIORAL VALUE FD CL A
 
43,258

3,850

UNIFIED SER TR IRON STRATEGIC INCOME FD INV
 
39,500

230

UNIFIED SER TR ROOSEVELT MULTI-CAP FUND
 
3,143

906

US GLOBAL INVESTORS CHINA REGION FUND
 
6,713

7,870

US GLOBAL INVESTORS GLOBAL RESOURCES FUND
 
37,146

3,048

US GLOBAL INVESTORS WORLD PRECIOUS MINERALS FUND
 
11,095


57



1,739

USA MUTUALS BARRIER FUND INVESTOR CLASS
 
50,926

10,590

USAA INVESTMENT TRUST PRECIOUS METALS & MINERALS FD
 
91,815

1,030

USAA MUTUAL FUND INC SCIENCE & TECHNOLOGY FUND
 
21,992

148

VALUE LINE ASSET ALLOCATION FUND INC
 
4,105

931

VALUE LINE CORE BOND FUND SH BEN INT
 
13,691

546

VALUE LINE PREMIER GROWTH FD INC
 
15,804

1,090

VALUE LINE SMALL CAP OPPORTUNITIES FUND INC INVL CL
 
45,770

12,004

VALUED ADVISERS TR SOUND MIND INVESTING FD
 
121,722

19,052

VALUED ADVISERS TR SOUND MIND INVSTNG DYNAMIC INVESTOR
 
205,386

675

VAN ECK FUNDS EMERGING MARKETS CLASS A
 
8,371

2,354

VANGUARD 500 INDEX FUND INVESTOR SHARES
 
443,696

187

VANGUARD ASSET ALLOCATION FUND INC U S VALUE FD
 
3,053

3,435

VANGUARD BALANCED INDEX FD INC ADMIRAL SHS
 
100,380

1,052

VANGUARD BALANCED INDEX FUND INC
 
30,731

3,544

VANGUARD BD INDEX FD INC INTER TERM BD INDEX FD ADM SHS
 
39,908

3,602

VANGUARD BD INDEX FDS FTSE ALL WORLD EX US INDEX FD
 
97,291

948

VANGUARD BD INDEX FDS MID CAP GRWTH INDEX FD ADMIRAL
 
40,712

43,362

VANGUARD BOND INDEX FD INC TOTAL BD MARKET IDX FDADMIRAL
461,373

57,006

VANGUARD BOND INDEX FUND INC INTERMEDIATE TERM PORTFOLIO FD
641,884

222

VANGUARD BOND INDEX FUND INC LONG TERM PORTFOLIO FUND
 
2,927

1,933

VANGUARD BOND INDEX FUND INC SHORT TERM PORTFOLIO
 
20,158

18,202

VANGUARD BOND INDEX FUND INC TOTAL BOND MARKET PORTFOLIO
193,670

1,772

VANGUARD CHARLOTTE FDS TOTAL INTL BD INDEX FD ADMIRAL CL
37,387

287

VANGUARD CHARLOTTE FDS TOTAL INTL BD INDEX FD INV CL
 
3,030

2,977

VANGUARD CHESTER FDS TARGET RETIREMENT 2015 FD
 
42,367

186

VANGUARD CHESTER FDS TARGET RETIREMENT 2020 FUND
 
5,040

7,639

VANGUARD CHESTER FDS TARGET RETIREMENT 2040 FUND
 
217,318

786

VANGUARD CHESTER FDS TARGET RETIREMENT INCOME FD
 
9,788

1,738

VANGUARD CNSMR DISCRETIONARY INDEX FUND ADMIRAL SHS
 
110,269

3,161

VANGUARD DEVELOPED MARKETS INDEX FUND ADMIRAL
 
37,367

8,056

VANGUARD DIVIDEND GROWTH FUND
 
180,693

8,739

VANGUARD EMERGING MARKETS STOCK INDEX FD ADMIRAL SHS
 
238,847

10,993

VANGUARD EMERGING MARKETS STOCK INDEX FUND
 
228,761

847

VANGUARD EQUITY INCOME FUND INC
 
25,030

111

VANGUARD EXPLORER FUND INC
 
8,947

10,562

VANGUARD FD TOTAL INTL STOCK INDEX FD ADMIRAL SHS
 
256,019

88

VANGUARD FINANCIALS INDEX FUND ADMIRAL SHS
 
2,127

6,475

VANGUARD FIXED INC SECS FD INC SHORT TERM INVT GRADE FUND
68,379

4,590

VANGUARD FIXED INCOME SECS FD INC-LONG TERM U S TREASURY PORTFOLIO
55,956

4,622

VANGUARD FIXED INCOME SECS FD SHORT TERM TREAS FD ADMIRAL
49,222

6,435

VANGUARD FIXED INCOME SECS HIGH YLD CORP FD ADMIRAL CL
 
35,647

9,676

VANGUARD FIXED INCOME SECS INTER TERM INVT GRADE FD ADMIRAL CL
93,276

8,267

VANGUARD FIXED INCOME SECS INTER TERM INVT GRADE INV CL
 
79,689

924

VANGUARD FIXED INCOME SECS INVT GRADE BD PORTFOLIO
 
9,145

4,805

VANGUARD FIXED INCOME SECS SHORT TERM INVT GRADE FD ADMIRAL SHS
50,736

19,855

VANGUARD GNMA FUND
 
211,656

838

VANGUARD GROWTH & INCOME PORTFOLIO (FORMERLY VANGUARD QUANTITATIVE PORTFOL IOS INC)
33,144

15,279

VANGUARD HIGH DIVIDEND YIELD INDEX FD INVESTOR SHS
 
404,121

5,350

VANGUARD HORIZON FD INC GLOBAL EQUITY PORTFOLIO
 
126,467

8,226

VANGUARD INDEX TR MID-CAP INDEX FD ADMIRAL SHS
 
1,223,313

3,435

VANGUARD INDEX TR VANGUARD 500 INDEX FD ADMIRAL
 
647,344

588

VANGUARD INDEX TR VANGUARD EXT MKT INDEX ADMIRAL
 
37,380

24,381

VANGUARD INDEX TR VANGUARD SM CAP INDEX ADMIRAL
 
1,293,420

5,495

VANGUARD INDEX TR VANGUARD TOTAL STK MKT ADMIRAL ADMIRAL SHS
279,084


58



8,881

VANGUARD INDEX TR VANGUARD VALUE INDEX ADMIRAL
 
282,578

8,655

VANGUARD INDEX TRUST MID CAPITALIZATION STK PORT
 
283,812

2,355

VANGUARD INDEX TRUST SMALL CAPITLZATION GROWTH
 
80,486

4,209

VANGUARD INDEX TRUST SMALL CAPITLZATION VALUE STK
 
99,710

7,140

VANGUARD INDEX TRUST TOTAL STOCK MARKET PORTFOLIO
 
362,584

4,160

VANGUARD INDEX TRUST-SMALL CAPITALIZATION STOCK FUND
 
220,631

162

VANGUARD INDUSTRIALS INDEX FUND ADMIRAL SHS
 
8,378

1,300

VANGUARD INFL-PROTECTED SECS
 
16,690

383

VANGUARD INTERNATIONAL GROWTH PORTFOLIO
 
8,078

3,154

VANGUARD INTERNATIONAL VALUE PORTFOLIO
 
98,054

5,823

VANGUARD INTL EQ IDX FDS INC FTSE ALL WRLD EX US SML FD INV
206,088

866

VANGUARD INTL EQI INDEX FDS GBL EX US REAL ESTATE INDXFD
 
26,982

179

VANGUARD INTL EQTY INDX FDS GBL EX-US REAL ESTATE IDX INV
 
3,687

270

VANGUARD INTL EQUITY INDX FD TOTAL WORLD STK INDX FD INV SH
6,324

6,213

VANGUARD LARGE CAP INDEX FD
 
234,715

7,652

VANGUARD LIFESTRATEGY FUND INCOME PORTFOLIO
 
111,486

7,624

VANGUARD MALVERN FDS SHRT TRM INFLTN PRTCTD SECS FD
 
184,281

625

VANGUARD MID CAP GROWTH FD
 
14,040

618

VANGUARD MID CAP VALUE INDEX FUND ADMIRAL
 
27,521

24,725

VANGUARD SCOTTSDALE FDS SHRT TERM CORP BD INDX FD
 
530,341

40

VANGUARD SECTOR INDEX FDS HEALTH CARE INDEX FD
 
2,671

26,156

VANGUARD SHORT TERM BOND INDEX FUND ADMIRAL SHARES
 
272,802

8,756

VANGUARD SMALL CAP VALUE INDEX FUND ADMIRAL
 
371,767

334

VANGUARD SPECIALIZED PORT ENERGY FD ADMIRAL CLASS
 
25,710

2,995

VANGUARD SPECIALIZED PORTF REIT INDEX FD ADMIRAL SHS
 
338,336

62,550

VANGUARD SPECIALIZED PORTFOLIOS METALS & MINING FD
 
397,816

7,914

VANGUARD SPECIALIZED PORTFOLIOS-ENERGY PORTFOLIO
 
325,014

2,176

VANGUARD SPECIALIZED PORTFOLIOS-HEALTH CARE
 
479,404

9,686

VANGUARD SPECIALIZED PORTFOLIOS-REIT INDEX PORTFOL
 
256,484

27,296

VANGUARD STAR FUND STAR PORTFOLIO
 
635,717

884

VANGUARD STRATEGIC EQUITY PORTFOLIO
 
25,013

1,271

VANGUARD TARGET RETIREMENT 2035 FD
 
21,405

5,924

VANGUARD TOTAL INTL STOCK INDEX FUND
 
85,837

3,913

VANGUARD WELLESLEY INCOME FUND INC
 
95,958

3,825

VANGUARD WELLINGTON FD INC
 
140,704

830

VANGUARD WHITEHALL FDS INTERNATIONAL EXPLORER FD INVS
 
14,075

1,808

VANGUARD WHITEHALL FUNDS INC SELECTED VALUE PORTFOLIO
 
46,729

1,655

VANGUARD WINDSOR FUND INC VANGUARD WINDSOR II PORTFOLIO
55,451

653

VANGUARD WORLD FD US GROWTH FD ADMIRAL SHS
 
50,348

443

VANGUARD WORLD FDS VANGUARD ENRGY INDX FD ADMIRAL
 
18,384

8,245

VANGUARD WORLD FUND FTSE SOCIAL INDEX INV FUND
 
108,922

1,776

VANGUARD/WELLESLEY INCOME FD INC ADMIRAL SHS
 
105,514

1,103

VIRTUS FOREIGN OPPORTUNITIES FUND CLASS A
 
31,298

393

VIRTUS OPPORTUNITIES TR GLBL REAL ESTATE SECS FD CL A
 
10,406

635

VOYA SER FD INC GLOBAL REAL ESTATE FUND CL A
 
12,426

308

VOYA SER FD INC GLOBAL REAL ESTATE FUND CL W
 
6,029

2,266

WALTHAUSEN FDS SMALL CAP VALUE FD
 
39,878

305

WASATCH ADVISORS FUNDS INC HOISINGTON U S TREASURY FUND
5,212

627

WASATCH ADVISORS FUNDS INC SMALL CAP GROWTH FUND
 
25,869

144

WASATCH ADVISORS FUNDS INC ULTRA GROWTH FUND
 
2,595

39,490

WASATCH EMERGING SMALL COUNT RIES FUND
 
107,414

34,778

WASATCH FDS INC EMERGING MKTS SMALL CAP FD
 
84,163

1,918

WASATCH FDS INC INTL GROWTH FD
 
57,974

13,026

WASATCH FDS INC LONG/SHORT FD
 
146,542


59



1,709

WASATCH FDS INC STRATEGIC INCOME FD
 
17,366

3,128

WASATCH FDS TR EMERGING INDIA FUND
 
9,478

143

WASHINGTON MUTUAL INVS FD CLASS A
 
5,482

1,214

WEITZ FDS HICKORY FD
 
56,140

12,676

WEITZ FDS SHORT INTERMEDIATE INCOME FD
 
154,649

2,729

WEITZ PARTNERS III OPPORTUNITY FD
 
37,306

343

WELLS FARGO ASIA PACIFIC FUND CLASS A
 
3,922

704

WELLS FARGO DISCOVERY FUND CLASS A
 
19,962

203

WELLS FARGO FDS EMERGING MRKTS EQUITY FD CL C
 
2,937

479

WELLS FARGO FDS INTRNSIC WORLD EQI FD ADMIN CL
 
9,220

1,039

WELLS FARGO FDS ULTRA SHT TM MUN INC FD CL A
 
9,992

1,444

WELLS FARGO GROWTH FUND CL A
 
58,785

2,587

WELLS FARGO SHORT TERM HIGH YIELD BD FD CL A
 
20,646

1,475

WESTCORE INTERNATIONAL SMALL-CAP FUND
 
22,998

63,197

WESTCORE PLUS BOND FUND INSTL SHS
 
666,732

602

WESTCORE TRUST FLEXIBLE INCOME FUND
 
4,958

654

WESTERN ASSET CORE BOND CLASS FI
 
7,935

5,642

WESTERN ASSET CORE PLUS BOND FD CLASS I
 
64,484

1,823

WESTPORT FUND-CL R
 
52,315

6,026

WILLIAM BLAIR FUNDS SMALL MID CAP GROWTH FD CL N
 
111,663

1,285

WILLIAM BLAIR SMALL CAP VALUE FUND CL N
 
21,438

803

WINTERGREEN FD INC
 
12,440

105

WORLD FDS TR REMS REAL ESTATE VALUE OPPRTNTY PLATFORM
 
1,665

407

WORLD FDS TR TOREADOR INTERNATIONAL INV CL
 
6,398

 
Total Registered Investment Companies
$
159,986,702

 
 
 
 
 
Notes Receivable From Participants (interest rate ranging from 4.25% through 9.25% maturing through December 2030)
$
87,524,769

 
 
 
 
 
Net Assets Pending Settlement
$
(549,991
)
 
 
 
 
 
TOTAL NET ASSETS
$
3,279,613,378


60



AMERICAN ELECTRIC POWER SYSTEM RETIREMENT SAVINGS PLAN
SCHEDULE OF ASSETS (ACQUIRED AND DISPOSED OF WITHIN YEAR)
 
 
Number of
 
 
Assets Acquired and Disposed
 
Shares
 
Fair Value
 
 
 
 
 
American Electric Power Company, Inc. Common Stock $6.50 par value (a)
 
 
 
 
    Acquired
 
685,999

 
$
38,783,171

    Disposed
 
598,206

 
34,584,651
 

(a)
Transactions are recorded on the trade date.

61



AMERICAN ELECTRIC POWER SYSTEM RETIREMENT SAVINGS PLAN
SCHEDULE OF NONEXEMPT TRANSACTIONS

Excess Payment to Trustee/Custodian
Party Involved:
JPMorgan Chase Bank, NA
Relationship to Plan, employer or other party-in-interest:
Trustee and Custodian
Transaction:
Payment of Fee in Excess of Contract Amount
Dates of Payments:
Between October 2006 and July 2014
Amounts of Payments:
Varying amounts aggregating $123,600

Reason Transaction is Nonexempt: ERISA Section 406(a)(1)(D) prohibits the use of plan assets by, or transfer of plan assets to, a party in interest (such as a fiduciary investment manager). Although an exemption under ERISA 408(b)(2) generally is applicable to contracts with parties (such as trustees) for services necessary for the operation of a plan where no more than reasonable compensation is paid therefor, the described payments represent the amount invoiced and paid by the Plan in excess of the amount required by the contract. The Trustee had agreed in writing to charge its fees at certain rates (and to waive specified fees with respect to certain accounts), but certain of its invoices were prepared applying incorrect fee rates and/or including certain fees that had been waived, resulting in the effective overcharge for its services. Following confirmation of the overpayment in 2014, the Plan secured from the Trustee repayment of the excess charges and the Trustee and Plan Sponsor are finalizing their review to confirm that the transactions are fully remediated.

Payment of Legal Fees
Party Involved:
Porter Wright Morris & Arthur, LLP
Relationship to Plan, employer or other party-in-interest:
Legal Services Provider
Transaction:
Payment of Fees
Dates of Payment:
On or about September 24, 2012
Amount of Payment:
$1,926

Reason Transaction May Be Nonexempt: ERISA Section 406(a)(1)(D) prohibits the use of plan assets by, or transfer of plan assets to, a party in interest (such as a fiduciary investment manager). An exemption under ERISA 408(b)(2) generally is applicable to payments for services necessary for the operation of a plan where no more than reasonable compensation is paid for those services. The described payments represent the amount that the Company caused to be paid by the Plan, and the Company is reviewing this payment to confirm whether it did in fact relate to services for the operation of the Plan (and therefore an exempt transaction under ERISA). If the payment is determined to be inappropriate, the Company would contribute that amount to the Plan, in addition to such other amounts as would fully remediate the issue.

62



AMERICAN ELECTRIC POWER SYSTEM RETIREMENT SAVINGS PLAN
EXHIBIT INDEX
Exhibit Number
 
Description
 
 
 
23
 
Consent of Independent Registered Public Accounting Firm

63