SANTA BARBARA ASSET MANAGEMENT, LLC Activity Q4 1999-Q1 2019

Q1 2019

			Value		Shares		↓ Weighting
MSFT	Sell	MICROSOFT CORP	$308,980,000	-2.7%	2,619,804	-16.2%	4.81%	-6.0%
UNH	Sell	UNITEDHEALTH GROUP INC	$234,041,000	-2.0%	946,540	-1.3%	3.64%	-5.4%
NEE	Sell	NEXTERA ENERGY INC	$232,913,000	+9.4%	1,204,808	-1.7%	3.62%	+5.7%
LOW	Sell	LOWES COS INC	$232,421,000	+17.8%	2,123,150	-0.6%	3.62%	+13.7%
FIS	Sell	FIDELITY NATL INFORMATION SV	$217,091,000	+8.7%	1,919,462	-1.4%	3.38%	+5.0%
JPM	Sell	JPMORGAN CHASE & CO	$213,880,000	+2.7%	2,112,810	-1.0%	3.33%	-0.8%
ACN	Buy	ACCENTURE PLC IRELAND	$207,781,000	+25.3%	1,180,441	+0.4%	3.23%	+21.1%
CMCSA	Buy	COMCAST CORP NEWcl a	$201,979,000	+35.8%	5,052,007	+15.6%	3.14%	+31.1%
UNP	Sell	UNION PACIFIC CORP	$187,889,000	+18.0%	1,123,737	-2.4%	2.92%	+14.0%
CSCO	Sell	CISCO SYS INC	$184,256,000	+22.5%	3,412,788	-1.7%	2.87%	+18.4%
PSX	Buy	PHILLIPS 66	$181,700,000	+23.1%	1,909,210	+11.4%	2.83%	+18.9%
PKG	Buy	PACKAGING CORP AMER	$178,534,000	+25.0%	1,796,479	+5.0%	2.78%	+20.7%
PEP	Sell	PEPSICO INC	$176,086,000	+10.0%	1,436,853	-0.9%	2.74%	+6.2%
TXN	Sell	TEXAS INSTRS INC	$171,121,000	-8.4%	1,613,285	-18.4%	2.66%	-11.5%
LMT	Buy	LOCKHEED MARTIN CORP	$168,443,000	+31.2%	561,176	+14.4%	2.62%	+26.7%
PM	Buy	PHILIP MORRIS INTL INC	$167,462,000	+55.2%	1,894,576	+17.2%	2.60%	+49.9%
WEC	Sell	WEC ENERGY GROUP INC	$161,838,000	+12.4%	2,046,512	-1.5%	2.52%	+8.6%
MDT	Buy	MEDTRONIC PLC	$161,493,000	+18.1%	1,773,095	+18.0%	2.51%	+14.1%
AGN	Buy	ALLERGAN PLC	$156,765,000	+56.4%	1,070,728	+42.7%	2.44%	+51.0%
IR	Sell	INGERSOLL-RAND PLC	$155,023,000	+16.7%	1,436,059	-1.3%	2.41%	+12.8%
CME	Buy	CME GROUP INC	$152,869,000	+8.0%	928,841	+23.4%	2.38%	+4.3%
T	Buy	AT&T INC	$149,916,000	+31.8%	4,780,470	+20.0%	2.33%	+27.4%
HON	Sell	HONEYWELL INTL INC	$149,732,000	-2.3%	942,182	-18.8%	2.33%	-5.6%
MDLZ	Sell	MONDELEZ INTL INCcl a	$146,796,000	+23.7%	2,940,628	-0.8%	2.28%	+19.5%
CONE	Buy	CYRUSONE INC	$145,928,000	+4.6%	2,782,762	+5.4%	2.27%	+1.0%
CVX	Sell	CHEVRON CORP NEW	$145,523,000	+11.8%	1,181,385	-1.3%	2.26%	+8.0%
LIN	Sell	LINDE PLC	$144,124,000	+6.4%	819,213	-5.6%	2.24%	+2.8%
SLB	Buy	SCHLUMBERGER LTD	$143,780,000	+90.5%	3,299,982	+57.7%	2.24%	+84.0%
PNC	New	PNC FINL SVCS GROUP INC	$143,381,000	–	1,168,933	–	2.23%	–
O	Sell	REALTY INCOME CORP	$141,512,000	-7.1%	1,923,769	-20.4%	2.20%	-10.2%
CB	Buy	CHUBB LIMITED	$134,747,000	+11.6%	961,928	+2.9%	2.10%	+7.8%
MMC	Sell	MARSH & MCLENNAN COS INC	$134,301,000	-13.1%	1,430,256	-26.2%	2.09%	-16.1%
JNJ	Sell	JOHNSON & JOHNSON	$130,296,000	+4.8%	932,087	-3.3%	2.03%	+1.2%
BLK	Sell	BLACKROCK INC	$130,157,000	+7.5%	304,554	-1.2%	2.02%	+3.8%
DIS	Buy	DISNEY WALT CO	$125,968,000	+3.1%	1,134,544	+1.8%	1.96%	-0.4%
CL	Buy	COLGATE PALMOLIVE CO	$123,720,000	+16.1%	1,805,078	+0.9%	1.92%	+12.2%
CCL	Buy	CARNIVAL CORPunit 99/99/9999	$115,554,000	+44.4%	2,278,278	+40.4%	1.80%	+39.6%
CVS	Sell	CVS HEALTH CORP	$107,262,000	-17.8%	1,988,913	-0.1%	1.67%	-20.6%
WHR	Sell	WHIRLPOOL CORP	$23,039,000	-65.6%	173,369	-72.3%	0.36%	-66.8%
SAP	Buy	SAP SEspon adr	$6,243,000	+25.7%	54,073	+8.4%	0.10%	+21.2%
TD	Buy	TORONTO DOMINION BK ONT	$6,080,000	+70.7%	111,900	+56.2%	0.10%	+66.7%
LYG	Buy	LLOYDS BANKING GROUP PLCsponsored adr	$4,086,000	+25.8%	1,272,857	+0.3%	0.06%	+23.1%
SNY	Buy	SANOFIsponsored adr	$3,868,000	+2.2%	87,352	+0.2%	0.06%	-1.6%
ENB	Buy	ENBRIDGE INC	$3,865,000	+17.1%	106,601	+0.4%	0.06%	+13.2%
UL	Buy	UNILEVER PLCspon adr new	$3,499,000	+10.6%	60,614	+0.1%	0.05%	+5.9%
IX	Buy	ORIX CORPsponsored adr	$3,491,000	+55.1%	48,569	+54.4%	0.05%	+50.0%
VOD	Buy	VODAFONE GROUP PLC NEWsponsored adr	$2,229,000	-5.4%	122,587	+0.3%	0.04%	-7.9%
GRFS	Buy	GRIFOLS S Asp adr rep b nvt	$1,949,000	+10.6%	96,929	+1.0%	0.03%	+7.1%
WPP	Buy	WPP PLC NEWadr	$1,690,000	+1.0%	32,001	+4.7%	0.03%	-3.7%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$1,216,000	-97.0%	4,305	-97.4%	0.02%	-97.1%
IWB	Sell	ISHARES TRrus 1000 etf	$466,000	-23.1%	2,961	-32.2%	0.01%	-30.0%
PFE	Sell	PFIZER INC	$364,000	-99.8%	8,577	-99.8%	0.01%	-99.8%
VV	New	VANGUARD INDEX FDSlarge cap etf	$288,000	–	2,217	–	0.00%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-5,007	–	-0.00%	–
ACWI	Exit	ISHARES TRmsci acwi etf	$0	–	-6,439	–	-0.01%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-63,848	–	-0.05%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-575,037	–	-2.09%	–
AAPL	Exit	APPLE INC	$0	–	-1,517,117	–	-3.86%	–

Q4 2018

			Value		Shares		↓ Weighting
MSFT	Buy	MICROSOFT CORP	$317,658,000	-10.6%	3,127,481	+0.7%	5.12%	-0.5%
AAPL	Sell	APPLE INC	$239,310,000	-31.5%	1,517,117	-1.9%	3.86%	-23.7%
UNH	Buy	UNITEDHEALTH GROUP INC	$238,853,000	-5.5%	958,786	+0.9%	3.85%	+5.2%
NEE	Buy	NEXTERA ENERGY INC	$212,952,000	+4.7%	1,225,127	+1.0%	3.43%	+16.5%
JPM	Buy	JPMORGAN CHASE & CO	$208,337,000	-0.4%	2,134,163	+15.1%	3.36%	+10.8%
FIS	Buy	FIDELITY NATL INFORMATION SV	$199,688,000	-5.6%	1,947,221	+0.4%	3.22%	+5.0%
LOW	Buy	LOWES COS INC	$197,350,000	-19.6%	2,136,747	+0.0%	3.18%	-10.5%
PFE	Buy	PFIZER INC	$190,636,000	-0.8%	4,367,372	+0.2%	3.07%	+10.5%
TXN	Buy	TEXAS INSTRS INC	$186,775,000	+38.0%	1,976,453	+56.7%	3.01%	+53.6%
ACN	Sell	ACCENTURE PLC IRELAND	$165,775,000	-18.2%	1,175,624	-1.3%	2.67%	-9.0%
PEP	Sell	PEPSICO INC	$160,125,000	-1.4%	1,449,355	-0.2%	2.58%	+9.7%
UNP	Buy	UNION PAC CORP	$159,177,000	-11.5%	1,151,535	+4.3%	2.56%	-1.5%
MMC	Buy	MARSH & MCLENNAN COS INC	$154,625,000	-2.1%	1,938,869	+1.5%	2.49%	+9.0%
HON	Buy	HONEYWELL INTL INC	$153,300,000	-19.7%	1,160,307	+1.1%	2.47%	-10.6%
O	New	REALTY INCOME CORP	$152,288,000	–	2,415,741	–	2.45%	–
CSCO	Buy	CISCO SYS INC	$150,396,000	-9.9%	3,470,951	+1.2%	2.42%	+0.3%
CMCSA	Sell	COMCAST CORP NEWcl a	$148,780,000	-4.7%	4,369,445	-0.9%	2.40%	+6.0%
PSX	Buy	PHILLIPS 66	$147,611,000	-9.8%	1,713,415	+18.1%	2.38%	+0.5%
WEC	Buy	WEC ENERGY GROUP INC	$143,933,000	+5.0%	2,078,158	+1.2%	2.32%	+16.9%
PKG	Buy	PACKAGING CORP AMER	$142,847,000	-8.6%	1,711,561	+20.1%	2.30%	+1.7%
CME	Buy	CME GROUP INC	$141,567,000	+52.2%	752,535	+37.7%	2.28%	+69.4%
CONE	Buy	CYRUSONE INC	$139,576,000	-4.3%	2,639,482	+14.8%	2.25%	+6.5%
MDT	Buy	MEDTRONIC PLC	$136,732,000	-6.1%	1,503,206	+1.5%	2.20%	+4.5%
LIN	New	LINDE PLC	$135,421,000	–	867,863	–	2.18%	–
IR	Buy	INGERSOLL-RAND PLC	$132,798,000	-9.8%	1,455,637	+1.2%	2.14%	+0.4%
CVS	Buy	CVS HEALTH CORP	$130,474,000	-16.7%	1,991,368	+0.1%	2.10%	-7.2%
CVX	Buy	CHEVRON CORP NEW	$130,165,000	-10.3%	1,196,481	+0.8%	2.10%	-0.2%
BDX	Sell	BECTON DICKINSON & CO	$129,567,000	-33.1%	575,037	-22.6%	2.09%	-25.6%
LMT	Buy	LOCKHEED MARTIN CORP	$128,426,000	-23.4%	490,474	+1.2%	2.07%	-14.7%
JNJ	Sell	JOHNSON & JOHNSON	$124,358,000	-14.8%	963,641	-8.7%	2.00%	-5.1%
DIS	Buy	DISNEY WALT CO	$122,200,000	+4.3%	1,114,455	+11.2%	1.97%	+16.0%
BLK	Buy	BLACKROCK INC	$121,106,000	-16.5%	308,300	+0.2%	1.95%	-7.0%
CB	Sell	CHUBB LIMITED	$120,741,000	-15.9%	934,674	-13.0%	1.94%	-6.3%
MDLZ	Buy	MONDELEZ INTL INCcl a	$118,698,000	-6.5%	2,965,218	+0.3%	1.91%	+4.1%
T	Sell	AT&T INC	$113,709,000	-17.0%	3,984,203	-2.4%	1.83%	-7.7%
PM	Sell	PHILIP MORRIS INTL INC	$107,928,000	-18.7%	1,616,650	-0.7%	1.74%	-9.5%
CL	Sell	COLGATE PALMOLIVE CO	$106,521,000	-14.4%	1,789,659	-3.7%	1.72%	-4.7%
AGN	Buy	ALLERGAN PLC	$100,258,000	-29.8%	750,099	+0.1%	1.62%	-21.8%
CCL	Buy	CARNIVAL CORPunit 99/99/9999	$79,997,000	-22.2%	1,622,664	+0.6%	1.29%	-13.4%
SLB	Buy	SCHLUMBERGER LTD	$75,479,000	-38.5%	2,092,001	+3.8%	1.22%	-31.5%
WHR	Sell	WHIRLPOOL CORP	$66,954,000	-12.7%	626,496	-2.9%	1.08%	-2.8%
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$40,835,000	+5470.9%	163,392	+6381.2%	0.66%	+5881.8%
SAP	Buy	SAP SEspon adr	$4,965,000	+4.7%	49,871	+29.4%	0.08%	+15.9%
SNY	Buy	SANOFIsponsored adr	$3,785,000	+0.3%	87,199	+3.2%	0.06%	+10.9%
TD	Buy	TORONTO DOMINION BK ONT	$3,561,000	-8.1%	71,618	+12.4%	0.06%	+1.8%
TTE	Sell	TOTAL S Asponsored adr	$3,332,000	-19.2%	63,848	-0.3%	0.05%	-10.0%
ENB	Sell	ENBRIDGE INC	$3,300,000	-3.8%	106,181	-0.0%	0.05%	+6.0%
LYG	Sell	LLOYDS BANKING GROUP PLCsponsored adr	$3,247,000	-16.1%	1,268,543	-0.4%	0.05%	-7.1%
UL	Buy	UNILEVER PLCspon adr new	$3,163,000	+13.2%	60,530	+19.1%	0.05%	+27.5%
VOD	Sell	VODAFONE GROUP PLC NEWsponsored adr	$2,356,000	-11.5%	122,207	-0.3%	0.04%	-2.6%
IX	Sell	ORIX CORPsponsored adr	$2,251,000	-11.9%	31,462	-0.2%	0.04%	-2.7%
GRFS	Sell	GRIFOLS S Asp adr rep b nvt	$1,763,000	-30.3%	96,000	-18.9%	0.03%	-24.3%
WPP	Sell	WPP PLC NEWadr	$1,674,000	-29.6%	30,553	-5.9%	0.03%	-20.6%
IWB	New	ISHARES TRrus 1000 etf	$606,000	–	4,369	–	0.01%	–
ACWI	New	ISHARES TRmsci acwi etf	$413,000	–	6,439	–	0.01%	–
WFC	Sell	WELLS FARGO CO NEW	$231,000	-99.9%	5,007	-99.8%	0.00%	-99.8%
PX	Exit	PRAXAIR INC	$0	–	-1,009,743	–	-2.35%	–

Q3 2018

			Value		Shares		↓ Weighting
MSFT	Sell	MICROSOFT CORP	$355,357,000	+14.9%	3,107,079	-0.9%	5.14%	+9.2%
AAPL	Sell	APPLE INC	$349,114,000	+12.7%	1,546,532	-7.6%	5.05%	+7.1%
UNH	Sell	UNITEDHEALTH GROUP INC	$252,836,000	+7.5%	950,369	-0.9%	3.66%	+2.2%
LOW	Sell	LOWES COS INC	$245,337,000	+19.4%	2,136,710	-0.6%	3.55%	+13.5%
FIS	Sell	FIDELITY NATL INFORMATION SV	$211,632,000	+2.0%	1,940,336	-0.8%	3.06%	-3.0%
JPM	Sell	JPMORGAN CHASE & CO	$209,245,000	+7.4%	1,854,347	-0.8%	3.03%	+2.1%
NEE	Sell	NEXTERA ENERGY INC	$203,388,000	-0.4%	1,213,534	-0.8%	2.94%	-5.4%
ACN	Sell	ACCENTURE PLC IRELAND	$202,779,000	+3.1%	1,191,418	-0.9%	2.93%	-2.0%
BDX	Sell	BECTON DICKINSON & CO	$193,813,000	+8.1%	742,578	-0.8%	2.80%	+2.7%
PFE	Sell	PFIZER INC	$192,106,000	+20.3%	4,359,116	-1.0%	2.78%	+14.4%
HON	Sell	HONEYWELL INTL INC	$190,948,000	+14.4%	1,147,525	-1.0%	2.76%	+8.7%
UNP	Sell	UNION PAC CORP	$179,851,000	-2.0%	1,104,532	-14.8%	2.60%	-6.9%
WFC	Sell	WELLS FARGO CO NEW	$170,376,000	-6.7%	3,241,555	-1.6%	2.46%	-11.3%
LMT	Buy	LOCKHEED MARTIN CORP	$167,638,000	+28.4%	484,559	+9.7%	2.43%	+22.1%
CSCO	Sell	CISCO SYS INC	$166,835,000	+10.8%	3,429,281	-2.0%	2.41%	+5.3%
PSX	Sell	PHILLIPS 66	$163,558,000	-32.9%	1,451,015	-33.1%	2.37%	-36.2%
PEP	Sell	PEPSICO INC	$162,422,000	+2.1%	1,452,790	-0.6%	2.35%	-3.0%
PX	Sell	PRAXAIR INC	$162,296,000	+0.9%	1,009,743	-0.7%	2.35%	-4.1%
MMC	Sell	MARSH & MCLENNAN COS INC	$157,961,000	+0.0%	1,909,588	-0.9%	2.29%	-4.9%
CVS	Sell	CVS HEALTH CORP	$156,556,000	+21.5%	1,988,774	-0.7%	2.26%	+15.4%
PKG	Sell	PACKAGING CORP AMER	$156,325,000	-2.1%	1,425,157	-0.2%	2.26%	-6.9%
CMCSA	Buy	COMCAST CORP NEWcl a	$156,182,000	+8.1%	4,410,675	+0.2%	2.26%	+2.8%
IR	Sell	INGERSOLL-RAND PLC	$147,174,000	+13.3%	1,438,647	-0.7%	2.13%	+7.7%
JNJ	Sell	JOHNSON & JOHNSON	$145,876,000	+12.8%	1,055,774	-1.0%	2.11%	+7.2%
CONE	Buy	CYRUSONE INC	$145,796,000	+13.5%	2,299,625	+4.4%	2.11%	+7.8%
MDT	Sell	MEDTRONIC PLC	$145,664,000	-9.2%	1,480,774	-20.9%	2.11%	-13.6%
CVX	Sell	CHEVRON CORP NEW	$145,177,000	-4.1%	1,187,252	-0.8%	2.10%	-8.8%
BLK	Buy	BLACKROCK INC	$145,024,000	-3.7%	307,690	+2.0%	2.10%	-8.5%
CB	Sell	CHUBB LIMITED	$143,495,000	+3.4%	1,073,744	-1.7%	2.08%	-1.8%
AGN	Sell	ALLERGAN PLC	$142,794,000	+12.3%	749,655	-1.7%	2.07%	+6.8%
WEC	Sell	WEC ENERGY GROUP INC	$137,076,000	+2.5%	2,053,261	-0.8%	1.98%	-2.6%
T	Sell	AT&T INC	$137,038,000	+4.1%	4,080,927	-0.5%	1.98%	-1.1%
TXN	Sell	TEXAS INSTRS INC	$135,349,000	-3.3%	1,261,521	-0.6%	1.96%	-8.1%
PM	Buy	PHILIP MORRIS INTL INC	$132,707,000	+6.7%	1,627,505	+5.6%	1.92%	+1.4%
MDLZ	Sell	MONDELEZ INTL INCcl a	$126,984,000	+4.0%	2,955,865	-0.8%	1.84%	-1.2%
CL	Sell	COLGATE PALMOLIVE CO	$124,373,000	+2.5%	1,857,702	-0.8%	1.80%	-2.6%
SLB	Buy	SCHLUMBERGER LTD	$122,758,000	+28.2%	2,015,066	+41.0%	1.78%	+21.8%
DIS	Sell	DISNEY WALT CO	$117,183,000	+8.9%	1,002,075	-2.4%	1.70%	+3.5%
CCL	Buy	CARNIVAL CORPunit 99/99/9999	$102,870,000	+20.8%	1,613,143	+8.6%	1.49%	+14.7%
CME	New	CME GROUP INC	$93,011,000	–	546,446	–	1.35%	–
WHR	Sell	WHIRLPOOL CORP	$76,658,000	-19.8%	645,537	-1.2%	1.11%	-23.8%
SAP	Buy	SAP SEspon adr	$4,742,000	+18.8%	38,554	+11.7%	0.07%	+13.1%
TTE	Sell	TOTAL S Asponsored adr	$4,124,000	+6.3%	64,053	-0.0%	0.06%	+1.7%
LYG	Buy	LLOYDS BANKING GROUP PLCsponsored adr	$3,871,000	+11.8%	1,273,246	+22.5%	0.06%	+5.7%
SNY	Buy	SANOFIsponsored adr	$3,775,000	+27.4%	84,505	+14.1%	0.06%	+22.2%
ENB	Buy	ENBRIDGE INC	$3,430,000	+8.3%	106,225	+19.7%	0.05%	+4.2%
UL	Sell	UNILEVER PLCspon adr new	$2,793,000	-0.6%	50,817	-0.0%	0.04%	-7.0%
VOD	Sell	VODAFONE GROUP PLC NEWsponsored adr	$2,661,000	-10.9%	122,627	-0.2%	0.04%	-13.3%
WPP	Sell	WPP PLC NEWadr	$2,379,000	-6.8%	32,471	-0.0%	0.03%	-12.8%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$733,000	-71.4%	2,521	-73.3%	0.01%	-71.8%
IWB	Exit	ISHARES TRrus 1000 etf	$0	–	-1,320	–	-0.00%	–
NLSN	Exit	NIELSEN HLDGS PLC	$0	–	-2,807,704	–	-1.32%	–

Q2 2018

			Value		Shares		↓ Weighting
AAPL	New	APPLE INC	$309,801,000	–	1,673,605	–	4.72%	–
MSFT	New	MICROSOFT CORP	$309,270,000	–	3,136,291	–	4.71%	–
PSX	New	PHILLIPS 66	$243,631,000	–	2,169,274	–	3.71%	–
UNH	New	UNITEDHEALTH GROUP INC	$235,211,000	–	958,713	–	3.58%	–
FIS	New	FIDELITY NATL INFORMATION SV	$207,397,000	–	1,956,018	–	3.16%	–
LOW	New	LOWES COS INC	$205,433,000	–	2,149,553	–	3.13%	–
NEE	New	NEXTERA ENERGY INC	$204,294,000	–	1,223,098	–	3.11%	–
ACN	New	ACCENTURE PLC IRELAND	$196,683,000	–	1,202,292	–	3.00%	–
JPM	New	JPMORGAN CHASE & CO	$194,794,000	–	1,869,424	–	2.97%	–
UNP	New	UNION PAC CORP	$183,573,000	–	1,295,688	–	2.80%	–
WFC	New	WELLS FARGO CO NEW	$182,624,000	–	3,294,080	–	2.78%	–
BDX	New	BECTON DICKINSON & CO	$179,323,000	–	748,551	–	2.73%	–
HON	New	HONEYWELL INTL INC	$166,970,000	–	1,159,114	–	2.54%	–
PX	New	PRAXAIR INC	$160,802,000	–	1,016,772	–	2.45%	–
MDT	New	MEDTRONIC PLC	$160,338,000	–	1,872,892	–	2.44%	–
PFE	New	PFIZER INC	$159,697,000	–	4,401,795	–	2.43%	–
PKG	New	PACKAGING CORP AMER	$159,607,000	–	1,427,736	–	2.43%	–
PEP	New	PEPSICO INC	$159,096,000	–	1,461,339	–	2.42%	–
MMC	New	MARSH & MCLENNAN COS INC	$157,896,000	–	1,926,260	–	2.40%	–
CVX	New	CHEVRON CORP NEW	$151,348,000	–	1,197,090	–	2.30%	–
CSCO	New	CISCO SYS INC	$150,631,000	–	3,500,594	–	2.29%	–
BLK	New	BLACKROCK INC	$150,559,000	–	301,698	–	2.29%	–
CMCSA	New	COMCAST CORP NEWcl a	$144,435,000	–	4,402,151	–	2.20%	–
TXN	New	TEXAS INSTRS INC	$139,932,000	–	1,269,223	–	2.13%	–
CB	New	CHUBB LIMITED	$138,790,000	–	1,092,660	–	2.11%	–
WEC	New	WEC ENERGY GROUP INC	$133,754,000	–	2,068,893	–	2.04%	–
T	New	AT&T INC	$131,670,000	–	4,100,607	–	2.00%	–
LMT	New	LOCKHEED MARTIN CORP	$130,540,000	–	441,865	–	1.99%	–
IR	New	INGERSOLL-RAND PLC	$129,947,000	–	1,448,199	–	1.98%	–
JNJ	New	JOHNSON & JOHNSON	$129,362,000	–	1,066,114	–	1.97%	–
CVS	New	CVS HEALTH CORP	$128,898,000	–	2,003,071	–	1.96%	–
CONE	New	CYRUSONE INC	$128,510,000	–	2,202,014	–	1.96%	–
AGN	New	ALLERGAN PLC	$127,121,000	–	762,483	–	1.94%	–
PM	New	PHILIP MORRIS INTL INC	$124,400,000	–	1,540,744	–	1.89%	–
MDLZ	New	MONDELEZ INTL INCcl a	$122,133,000	–	2,978,843	–	1.86%	–
CL	New	COLGATE PALMOLIVE CO	$121,354,000	–	1,872,457	–	1.85%	–
DIS	New	DISNEY WALT CO	$107,628,000	–	1,026,884	–	1.64%	–
SLB	New	SCHLUMBERGER LTD	$95,788,000	–	1,429,036	–	1.46%	–
WHR	New	WHIRLPOOL CORP	$95,561,000	–	653,501	–	1.46%	–
NLSN	New	NIELSEN HLDGS PLC	$86,842,000	–	2,807,704	–	1.32%	–
CCL	New	CARNIVAL CORPunit 99/99/9999	$85,162,000	–	1,485,996	–	1.30%	–
SAP	New	SAP SEspon adr	$3,992,000	–	34,516	–	0.06%	–
TTE	New	TOTAL S Asponsored adr	$3,879,000	–	64,059	–	0.06%	–
TD	New	TORONTO DOMINION BK ONT	$3,687,000	–	63,730	–	0.06%	–
LYG	New	LLOYDS BANKING GROUP PLCsponsored adr	$3,462,000	–	1,039,739	–	0.05%	–
ENB	New	ENBRIDGE INC	$3,167,000	–	88,727	–	0.05%	–
VOD	New	VODAFONE GROUP PLC NEWsponsored adr	$2,987,000	–	122,880	–	0.04%	–
SNY	New	SANOFIsponsored adr	$2,962,000	–	74,035	–	0.04%	–
UL	New	UNILEVER PLCspon adr new	$2,810,000	–	50,835	–	0.04%	–
WPP	New	WPP PLC NEWadr	$2,552,000	–	32,479	–	0.04%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$2,562,000	–	9,444	–	0.04%	–
GRFS	New	GRIFOLS S Asp adr rep b nvt	$2,545,000	–	118,366	–	0.04%	–
IX	New	ORIX CORPsponsored adr	$2,491,000	–	31,527	–	0.04%	–
IWB	New	ISHARES TRrus 1000 etf	$201,000	–	1,320	–	0.00%	–

Q4 2017

			Value		Shares		↓ Weighting
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-2,334	–	-0.01%	–
GRFS	Exit	GRIFOLS S Asp adr rep b nvt	$0	–	-117,630	–	-0.04%	–
UL	Exit	UNILEVER PLCspon adr new	$0	–	-49,886	–	-0.05%	–
WPP	Exit	WPP PLC NEWadr	$0	–	-36,086	–	-0.05%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-63,314	–	-0.05%	–
VOD	Exit	VODAFONE GROUP PLC NEWsponsored adr	$0	–	-123,124	–	-0.06%	–
SNY	Exit	SANOFIsponsored adr	$0	–	-74,664	–	-0.06%	–
IX	Exit	ORIX CORPsponsored adr	$0	–	-45,996	–	-0.06%	–
SAP	Exit	SAP SEspon adr	$0	–	-33,914	–	-0.06%	–
TD	Exit	TORONTO DOMINION BK ONT	$0	–	-65,567	–	-0.06%	–
ENB	Exit	ENBRIDGE INC	$0	–	-89,285	–	-0.06%	–
LYG	Exit	LLOYDS BANKING GROUP PLCsponsored adr	$0	–	-1,118,681	–	-0.06%	–
DFS	Exit	DISCOVER FINL SVCS	$0	–	-65,242	–	-0.07%	–
CONE	Exit	CYRUSONE INC	$0	–	-1,105,871	–	-1.04%	–
IPG	Exit	INTERPUBLIC GROUP COS INC	$0	–	-4,137,922	–	-1.37%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-2,322,032	–	-1.42%	–
EXR	Exit	EXTRA SPACE STORAGE INC	$0	–	-1,145,411	–	-1.46%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-1,443,338	–	-1.60%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-2,481,269	–	-1.61%	–
DIS	Exit	DISNEY WALT CO	$0	–	-1,039,923	–	-1.63%	–
IR	Exit	INGERSOLL-RAND PLC	$0	–	-1,226,281	–	-1.74%	–
NLSN	Exit	NIELSEN HLDGS PLC	$0	–	-2,845,388	–	-1.88%	–
WEC	Exit	WEC ENERGY GROUP INC	$0	–	-1,896,892	–	-1.90%	–
WHR	Exit	WHIRLPOOL CORP	$0	–	-665,655	–	-1.96%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-1,538,319	–	-1.99%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-1,719,532	–	-2.00%	–
UNP	Exit	UNION PAC CORP	$0	–	-1,132,469	–	-2.09%	–
CB	Exit	CHUBB LIMITED	$0	–	-933,068	–	-2.12%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-456,528	–	-2.26%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-1,091,102	–	-2.26%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-1,235,463	–	-2.31%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-1,737,976	–	-2.32%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-1,905,375	–	-2.36%	–
MON	Exit	MONSANTO CO NEW	$0	–	-1,245,967	–	-2.38%	–
BDX	Exit	BECTON DICKINSON & CO	$0	–	-765,488	–	-2.39%	–
T	Exit	AT&T INC	$0	–	-3,883,594	–	-2.42%	–
GM	Exit	GENERAL MTRS CO	$0	–	-3,798,603	–	-2.44%	–
PKG	Exit	PACKAGING CORP AMER	$0	–	-1,342,380	–	-2.45%	–
BLK	Exit	BLACKROCK INC	$0	–	-346,348	–	-2.47%	–
CSCO	Exit	CISCO SYS INC	$0	–	-4,640,231	–	-2.49%	–
PX	Exit	PRAXAIR INC	$0	–	-1,137,627	–	-2.53%	–
PEP	Exit	PEPSICO INC	$0	–	-1,427,088	–	-2.53%	–
LOW	Exit	LOWES COS INC	$0	–	-1,993,570	–	-2.54%	–
ABBV	Exit	ABBVIE INC	$0	–	-1,794,677	–	-2.54%	–
PFE	Exit	PFIZER INC	$0	–	-4,509,068	–	-2.56%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-1,238,260	–	-2.66%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-1,188,463	–	-2.68%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-3,353,975	–	-2.95%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-1,273,989	–	-2.98%	–
FIS	Exit	FIDELITY NATL INFORMATION SV	$0	–	-2,000,598	–	-2.98%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-1,010,070	–	-3.15%	–
PSX	Exit	PHILLIPS 66	$0	–	-2,218,582	–	-3.24%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-2,334,118	–	-3.55%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-3,212,174	–	-3.81%	–
AAPL	Exit	APPLE INC	$0	–	-1,717,012	–	-4.22%	–

Q3 2017

			Value		Shares		↓ Weighting
AAPL	Buy	APPLE INC	$264,626,000	+7.2%	1,717,012	+0.1%	4.22%	+1.5%
MSFT	Buy	MICROSOFT CORP	$239,275,000	+8.4%	3,212,174	+0.4%	3.81%	+2.7%
JPM	Buy	JPMORGAN CHASE & CO	$222,932,000	+5.0%	2,334,118	+0.5%	3.55%	-0.5%
PSX	Buy	PHILLIPS 66	$203,244,000	+11.3%	2,218,582	+0.5%	3.24%	+5.5%
UNH	Sell	UNITEDHEALTH GROUP INC	$197,822,000	+5.5%	1,010,070	-0.1%	3.15%	-0.1%
FIS	Buy	FIDELITY NATL INFORMATION SV	$186,836,000	+9.5%	2,000,598	+0.1%	2.98%	+3.7%
NEE	Buy	NEXTERA ENERGY INC	$186,703,000	+4.7%	1,273,989	+0.2%	2.98%	-0.8%
WFC	Buy	WELLS FARGO CO NEW	$184,972,000	-0.2%	3,353,975	+0.3%	2.95%	-5.5%
HON	Buy	HONEYWELL INTL INC	$168,453,000	+6.7%	1,188,463	+0.3%	2.68%	+1.0%
ACN	Buy	ACCENTURE PLC IRELAND	$167,252,000	+9.5%	1,238,260	+0.3%	2.66%	+3.8%
PFE	Buy	PFIZER INC	$160,974,000	+6.6%	4,509,068	+0.3%	2.56%	+1.0%
ABBV	Sell	ABBVIE INC	$159,475,000	-18.7%	1,794,677	-33.6%	2.54%	-23.0%
LOW	Buy	LOWES COS INC	$159,366,000	+12.4%	1,993,570	+9.0%	2.54%	+6.5%
PEP	Buy	PEPSICO INC	$159,020,000	-3.3%	1,427,088	+0.2%	2.53%	-8.4%
PX	Buy	PRAXAIR INC	$158,972,000	+17.7%	1,137,627	+11.6%	2.53%	+11.4%
CSCO	Buy	CISCO SYS INC	$156,051,000	+20.6%	4,640,231	+12.2%	2.49%	+14.2%
BLK	Buy	BLACKROCK INC	$154,849,000	+22.2%	346,348	+15.5%	2.47%	+15.8%
PKG	Buy	PACKAGING CORP AMER	$153,944,000	+3.2%	1,342,380	+0.2%	2.45%	-2.3%
GM	Sell	GENERAL MTRS CO	$153,388,000	+12.2%	3,798,603	-2.9%	2.44%	+6.3%
T	Buy	AT&T INC	$152,120,000	+18.6%	3,883,594	+14.2%	2.42%	+12.3%
BDX	Buy	BECTON DICKINSON & CO	$149,997,000	+6.9%	765,488	+6.5%	2.39%	+1.3%
MON	Buy	MONSANTO CO NEW	$149,292,000	+1.7%	1,245,967	+0.5%	2.38%	-3.6%
MDT	Buy	MEDTRONIC PLC	$148,181,000	-12.1%	1,905,375	+0.3%	2.36%	-16.8%
MMC	Buy	MARSH & MCLENNAN COS INC	$145,660,000	+8.7%	1,737,976	+1.1%	2.32%	+3.0%
CVX	Buy	CHEVRON CORP NEW	$145,167,000	+13.6%	1,235,463	+0.9%	2.31%	+7.6%
JNJ	Buy	JOHNSON & JOHNSON	$141,854,000	-1.5%	1,091,102	+0.2%	2.26%	-6.7%
LMT	Buy	LOCKHEED MARTIN CORP	$141,656,000	+12.9%	456,528	+1.0%	2.26%	+6.9%
CB	Buy	CHUBB LIMITED	$133,009,000	-0.7%	933,068	+1.3%	2.12%	-5.9%
UNP	Buy	UNION PAC CORP	$131,332,000	+7.3%	1,132,469	+0.8%	2.09%	+1.7%
CL	Buy	COLGATE PALMOLIVE CO	$125,268,000	-0.4%	1,719,532	+1.3%	2.00%	-5.7%
CVS	Buy	CVS HEALTH CORP	$125,096,000	+11.4%	1,538,319	+10.2%	1.99%	+5.5%
WHR	Buy	WHIRLPOOL CORP	$122,773,000	-2.6%	665,655	+1.1%	1.96%	-7.8%
WEC	Buy	WEC ENERGY GROUP INC	$119,087,000	+3.4%	1,896,892	+1.1%	1.90%	-2.1%
NLSN	Buy	NIELSEN HLDGS PLC	$117,941,000	+11.6%	2,845,388	+4.1%	1.88%	+5.7%
IR	Buy	INGERSOLL-RAND PLC	$109,347,000	-1.3%	1,226,281	+1.2%	1.74%	-6.5%
DIS	Buy	DISNEY WALT CO	$102,505,000	-3.6%	1,039,923	+3.9%	1.63%	-8.7%
MDLZ	Buy	MONDELEZ INTL INCcl a	$100,888,000	-4.4%	2,481,269	+1.5%	1.61%	-9.5%
SLB	Buy	SCHLUMBERGER LTD	$100,687,000	+10.9%	1,443,338	+4.7%	1.60%	+5.1%
EXR	Buy	EXTRA SPACE STORAGE INC	$91,541,000	+4.7%	1,145,411	+2.2%	1.46%	-0.8%
CMCSA	New	COMCAST CORP NEWcl a	$89,352,000	–	2,322,032	–	1.42%	–
IPG	Buy	INTERPUBLIC GROUP COS INC	$86,027,000	-3.7%	4,137,922	+13.9%	1.37%	-8.8%
CONE	New	CYRUSONE INC	$65,169,000	–	1,105,871	–	1.04%	–
DFS	Sell	DISCOVER FINL SVCS	$4,207,000	+3.4%	65,242	-0.3%	0.07%	-1.5%
LYG	Buy	LLOYDS BANKING GROUP PLCsponsored adr	$4,094,000	+11.6%	1,118,681	+7.1%	0.06%	+4.8%
ENB	Buy	ENBRIDGE INC	$3,736,000	+5.2%	89,285	+0.1%	0.06%	0.0%
SAP	Sell	SAP SEspon adr	$3,719,000	+3.9%	33,914	-2.7%	0.06%	-1.7%
TD	Buy	TORONTO DOMINION BK ONT	$3,689,000	+11.8%	65,567	+0.1%	0.06%	+5.4%
IX	Buy	ORIX CORPsponsored adr	$3,723,000	+38.9%	45,996	+36.9%	0.06%	+31.1%
SNY	Buy	SANOFIsponsored adr	$3,718,000	+5.6%	74,664	+0.1%	0.06%	0.0%
VOD	Buy	VODAFONE GROUP PLC NEWsponsored adr	$3,504,000	-0.3%	123,124	+0.1%	0.06%	-5.1%
TTE	Buy	TOTAL S Asponsored adr	$3,389,000	+9.6%	63,314	+0.1%	0.05%	+3.8%
WPP	Buy	WPP PLC NEWadr	$3,349,000	-3.7%	36,086	+7.2%	0.05%	-8.6%
UL	Buy	UNILEVER PLCspon adr new	$2,891,000	+8.5%	49,886	+0.1%	0.05%	+2.2%
GRFS	Sell	GRIFOLS S Asp adr rep b nvt	$2,575,000	-6.3%	117,630	-12.6%	0.04%	-10.9%
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$586,000	+10.8%	2,334	+6.8%	0.01%	0.0%
MUFG	Exit	MITSUBISHI UFJ FINL GROUP INsponsored adr	$0	–	-546,687	–	-0.06%	–
NVO	Exit	NOVO-NORDISK A Sadr	$0	–	-378,588	–	-0.27%	–
VFC	Exit	V F CORP	$0	–	-1,945,431	–	-1.88%	–

Q2 2017

			Value		Shares		↓ Weighting
AAPL	New	APPLE INC	$246,965,000	–	1,714,798	–	4.16%	–
MSFT	New	MICROSOFT CORP	$220,634,000	–	3,200,844	–	3.71%	–
JPM	New	JPMORGAN CHASE & CO	$212,306,000	–	2,322,824	–	3.57%	–
ABBV	New	ABBVIE INC	$196,121,000	–	2,704,749	–	3.30%	–
UNH	New	UNITEDHEALTH GROUP INC	$187,553,000	–	1,011,503	–	3.16%	–
WFC	New	WELLS FARGO CO NEW	$185,369,000	–	3,345,405	–	3.12%	–
PSX	New	PHILLIPS 66	$182,567,000	–	2,207,848	–	3.07%	–
NEE	New	NEXTERA ENERGY INC	$178,245,000	–	1,271,997	–	3.00%	–
FIS	New	FIDELITY NATL INFORMATION SV	$170,627,000	–	1,997,974	–	2.87%	–
MDT	New	MEDTRONIC PLC	$168,660,000	–	1,900,393	–	2.84%	–
PEP	New	PEPSICO INC	$164,465,000	–	1,424,060	–	2.77%	–
HON	New	HONEYWELL INTL INC	$157,910,000	–	1,184,713	–	2.66%	–
ACN	New	ACCENTURE PLC IRELAND	$152,673,000	–	1,234,419	–	2.57%	–
PFE	New	PFIZER INC	$151,010,000	–	4,495,690	–	2.54%	–
PKG	New	PACKAGING CORP AMER	$149,204,000	–	1,339,472	–	2.51%	–
MON	New	MONSANTO CO NEW	$146,774,000	–	1,240,065	–	2.47%	–
JNJ	New	JOHNSON & JOHNSON	$144,037,000	–	1,088,801	–	2.42%	–
LOW	New	LOWES COS INC	$141,821,000	–	1,829,235	–	2.39%	–
BDX	New	BECTON DICKINSON & CO	$140,270,000	–	718,929	–	2.36%	–
GM	New	GENERAL MTRS CO	$136,696,000	–	3,913,429	–	2.30%	–
PX	New	PRAXAIR INC	$135,118,000	–	1,019,374	–	2.27%	–
CB	New	CHUBB LIMITED	$133,963,000	–	921,465	–	2.25%	–
MMC	New	MARSH & MCLENNAN COS INC	$134,002,000	–	1,718,855	–	2.25%	–
CSCO	New	CISCO SYS INC	$129,401,000	–	4,134,230	–	2.18%	–
T	New	AT&T INC	$128,284,000	–	3,400,045	–	2.16%	–
CVX	New	CHEVRON CORP NEW	$127,758,000	–	1,224,552	–	2.15%	–
BLK	New	BLACKROCK INC	$126,701,000	–	299,948	–	2.13%	–
WHR	New	WHIRLPOOL CORP	$126,112,000	–	658,137	–	2.12%	–
CL	New	COLGATE PALMOLIVE CO	$125,783,000	–	1,696,787	–	2.12%	–
LMT	New	LOCKHEED MARTIN CORP	$125,516,000	–	452,132	–	2.11%	–
UNP	New	UNION PAC CORP	$122,341,000	–	1,123,322	–	2.06%	–
WEC	New	WEC ENERGY GROUP INC	$115,178,000	–	1,876,479	–	1.94%	–
CVS	New	CVS HEALTH CORP	$112,280,000	–	1,395,473	–	1.89%	–
VFC	New	V F CORP	$112,057,000	–	1,945,431	–	1.88%	–
IR	New	INGERSOLL-RAND PLC	$110,774,000	–	1,212,105	–	1.86%	–
DIS	New	DISNEY WALT CO	$106,331,000	–	1,000,766	–	1.79%	–
NLSN	New	NIELSEN HLDGS PLC	$105,641,000	–	2,732,570	–	1.78%	–
MDLZ	New	MONDELEZ INTL INCcl a	$105,583,000	–	2,444,610	–	1.78%	–
SLB	New	SCHLUMBERGER LTD	$90,762,000	–	1,378,525	–	1.53%	–
IPG	New	INTERPUBLIC GROUP COS INC	$89,364,000	–	3,632,668	–	1.50%	–
EXR	New	EXTRA SPACE STORAGE INC	$87,451,000	–	1,121,161	–	1.47%	–
NVO	New	NOVO-NORDISK A Sadr	$15,878,000	–	378,588	–	0.27%	–
DFS	New	DISCOVER FINL SVCS	$4,070,000	–	65,446	–	0.07%	–
MUFG	New	MITSUBISHI UFJ FINL GROUP INsponsored adr	$3,679,000	–	546,687	–	0.06%	–
LYG	New	LLOYDS BANKING GROUP PLCsponsored adr	$3,668,000	–	1,044,902	–	0.06%	–
ENB	New	ENBRIDGE INC	$3,550,000	–	89,180	–	0.06%	–
SAP	New	SAP SEspon adr	$3,580,000	–	34,867	–	0.06%	–
VOD	New	VODAFONE GROUP PLC NEWsponsored adr	$3,513,000	–	122,976	–	0.06%	–
SNY	New	SANOFIsponsored adr	$3,521,000	–	74,572	–	0.06%	–
WPP	New	WPP PLC NEWadr	$3,476,000	–	33,668	–	0.06%	–
TD	New	TORONTO DOMINION BK ONT	$3,300,000	–	65,495	–	0.06%	–
TTE	New	TOTAL S Asponsored adr	$3,091,000	–	63,238	–	0.05%	–
GRFS	New	GRIFOLS S Asp adr rep b nvt	$2,749,000	–	134,555	–	0.05%	–
UL	New	UNILEVER PLCspon adr new	$2,664,000	–	49,825	–	0.04%	–
IX	New	ORIX CORPsponsored adr	$2,681,000	–	33,600	–	0.04%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$529,000	–	2,186	–	0.01%	–

Q4 2016

			Value		Shares		↓ Weighting
SPY	Exit	SPDR S&P500 ETF Trusttr unit	$0	–	-1,614	–	-0.01%	–
SNY	Exit	Sanofisponsored adr	$0	–	-43,155	–	-0.03%	–
LYG	Exit	Lloyds Banking Group PLCsponsored adr	$0	–	-583,548	–	-0.03%	–
UL	Exit	Unilever PLCspon adr new	$0	–	-36,452	–	-0.03%	–
IX	Exit	ORIX Corpsponsored adr	$0	–	-24,863	–	-0.03%	–
GRFS	Exit	Grifols SAsp adr rep b nvt	$0	–	-141,598	–	-0.04%	–
MUFG	Exit	Mitsubishi UFJ Financial Group Incsponsored adr	$0	–	-468,658	–	-0.04%	–
SAP	Exit	SAP SEspon adr	$0	–	-26,175	–	-0.04%	–
VOD	Exit	Vodafone Group PLCspnsr adr	$0	–	-81,930	–	-0.04%	–
WBK	Exit	Westpac Banking Corpsponsored adr	$0	–	-104,177	–	-0.04%	–
TTE	Exit	TOTAL SAsponsored adr	$0	–	-54,923	–	-0.05%	–
DVMT	Exit	Dell Technologies Inc - VMware Inc	$0	–	-59,967	–	-0.05%	–
WPP	Exit	WPP PLCadr	$0	–	-24,467	–	-0.05%	–
ENB	Exit	Enbridge Inc	$0	–	-51,601	–	-0.06%	–
NVS	Exit	Novartis AGsponsored adr	$0	–	-47,434	–	-0.07%	–
TD	Exit	Toronto-Dominion Bank/The	$0	–	-124,056	–	-0.13%	–
IR	Exit	Ingersoll-Rand PLC	$0	–	-866,071	–	-1.08%	–
EXR	Exit	Extra Space Storage Inc	$0	–	-999,983	–	-1.46%	–
NVO	Exit	Novo Nordisk A/Sadr	$0	–	-2,266,286	–	-1.74%	–
MDLZ	Exit	Mondelez International Inccl a	$0	–	-2,148,765	–	-1.74%	–
WEC	Exit	WEC Energy Group Inc	$0	–	-1,595,139	–	-1.76%	–
DIS	Exit	Walt Disney Co/The	$0	–	-1,034,978	–	-1.77%	–
BLK	Exit	BlackRock Inc	$0	–	-271,373	–	-1.81%	–
PX	Exit	Praxair Inc	$0	–	-822,804	–	-1.83%	–
MON	Exit	Monsanto Co	$0	–	-995,108	–	-1.87%	–
SLB	Exit	Schlumberger Ltd	$0	–	-1,313,011	–	-1.90%	–
CB	Exit	Chubb Ltd	$0	–	-845,449	–	-1.96%	–
VFC	Exit	VF Corp	$0	–	-1,900,365	–	-1.96%	–
TEL	Exit	TE Connectivity Ltd	$0	–	-1,659,026	–	-1.97%	–
NLSN	Exit	Nielsen Holdings PLC	$0	–	-2,085,634	–	-2.06%	–
DFS	Exit	Discover Financial Services	$0	–	-2,042,437	–	-2.13%	–
WHR	Exit	Whirlpool Corp	$0	–	-728,630	–	-2.18%	–
CL	Exit	Colgate-Palmolive Co	$0	–	-1,593,824	–	-2.18%	–
MMC	Exit	Marsh & McLennan Cos Inc	$0	–	-1,788,611	–	-2.21%	–
LOW	Exit	Lowe's Cos Inc	$0	–	-1,771,782	–	-2.36%	–
LMT	Exit	Lockheed Martin Corp	$0	–	-537,779	–	-2.37%	–
PKG	Exit	Packaging Corp of America	$0	–	-1,603,683	–	-2.40%	–
JNJ	Exit	Johnson & Johnson	$0	–	-1,103,502	–	-2.40%	–
PFE	Exit	Pfizer Inc	$0	–	-4,018,286	–	-2.50%	–
HON	Exit	Honeywell International Inc	$0	–	-1,197,340	–	-2.56%	–
FIS	Exit	Fidelity National Information Services Inc	$0	–	-1,854,252	–	-2.63%	–
PSX	Exit	Phillips 66	$0	–	-1,778,118	–	-2.64%	–
UNP	Exit	Union Pacific Corp	$0	–	-1,510,878	–	-2.71%	–
ABBV	Exit	AbbVie Inc	$0	–	-2,361,521	–	-2.74%	–
GM	Exit	General Motors Co	$0	–	-4,748,279	–	-2.78%	–
WFC	Exit	Wells Fargo & Co	$0	–	-3,502,452	–	-2.85%	–
ACN	Exit	Accenture PLC	$0	–	-1,277,711	–	-2.87%	–
PEP	Exit	PepsiCo Inc	$0	–	-1,435,464	–	-2.87%	–
CVS	Exit	CVS Health Corp	$0	–	-1,771,336	–	-2.90%	–
NEE	Exit	NextEra Energy Inc	$0	–	-1,292,558	–	-2.91%	–
T	Exit	AT&T Inc	$0	–	-3,975,939	–	-2.97%	–
CVX	Exit	Chevron Corp	$0	–	-1,638,390	–	-3.10%	–
JPM	Exit	JPMorgan Chase & Co	$0	–	-2,535,209	–	-3.11%	–
MDT	Exit	Medtronic PLC	$0	–	-1,957,127	–	-3.11%	–
UNH	Exit	UnitedHealth Group Inc	$0	–	-1,325,991	–	-3.42%	–
MSFT	Exit	Microsoft Corp	$0	–	-3,228,942	–	-3.42%	–
AAPL	Exit	Apple Inc	$0	–	-1,937,795	–	-4.03%	–

Q3 2016

			Value		Shares		↓ Weighting
AAPL	Buy	Apple Inc	$219,068,000	+19.2%	1,937,795	+0.8%	4.03%	+16.8%
MSFT	Buy	Microsoft Corp	$185,987,000	+13.7%	3,228,942	+1.0%	3.42%	+11.4%
UNH	Buy	UnitedHealth Group Inc	$185,639,000	+0.1%	1,325,991	+0.9%	3.42%	-2.0%
MDT	Sell	Medtronic PLC	$169,096,000	-0.4%	1,957,127	-0.0%	3.11%	-2.5%
JPM	Buy	JPMorgan Chase & Co	$168,820,000	+8.1%	2,535,209	+0.8%	3.11%	+5.9%
CVX	Buy	Chevron Corp	$168,623,000	+11.5%	1,638,390	+13.5%	3.10%	+9.2%
T	Buy	AT&T Inc	$161,463,000	-5.1%	3,975,939	+1.0%	2.97%	-7.0%
NEE	Buy	NextEra Energy Inc	$158,106,000	-5.5%	1,292,558	+0.8%	2.91%	-7.4%
CVS	Buy	CVS Health Corp	$157,631,000	+6.1%	1,771,336	+14.1%	2.90%	+3.9%
PEP	Buy	PepsiCo Inc	$156,135,000	+3.5%	1,435,464	+0.8%	2.87%	+1.4%
ACN	Buy	Accenture PLC	$156,098,000	+8.5%	1,277,711	+0.6%	2.87%	+6.3%
WFC	Buy	Wells Fargo & Co	$155,089,000	+12.4%	3,502,452	+20.2%	2.85%	+10.1%
GM	Buy	General Motors Co	$150,853,000	+39.0%	4,748,279	+23.9%	2.78%	+36.2%
ABBV	Buy	AbbVie Inc	$148,941,000	+2.7%	2,361,521	+0.8%	2.74%	+0.6%
UNP	Buy	Union Pacific Corp	$147,356,000	+22.1%	1,510,878	+9.2%	2.71%	+19.6%
PSX	Buy	Phillips 66	$143,227,000	+18.3%	1,778,118	+16.5%	2.64%	+15.9%
FIS	Buy	Fidelity National Information Services Inc	$142,833,000	+5.7%	1,854,252	+1.1%	2.63%	+3.5%
HON	Buy	Honeywell International Inc	$138,803,000	+0.7%	1,197,340	+1.0%	2.56%	-1.4%
PFE	Sell	Pfizer Inc	$136,099,000	-25.4%	4,018,286	-22.5%	2.50%	-26.9%
JNJ	Sell	Johnson & Johnson	$130,357,000	-14.9%	1,103,502	-12.6%	2.40%	-16.6%
PKG	Buy	Packaging Corp of America	$130,315,000	+22.4%	1,603,683	+0.8%	2.40%	+19.9%
LMT	Buy	Lockheed Martin Corp	$128,916,000	-2.0%	537,779	+1.4%	2.37%	-4.0%
LOW	Buy	Lowe's Cos Inc	$127,940,000	-7.8%	1,771,782	+1.1%	2.36%	-9.7%
MMC	Buy	Marsh & McLennan Cos Inc	$120,284,000	-0.9%	1,788,611	+0.9%	2.21%	-2.9%
WHR	Sell	Whirlpool Corp	$118,155,000	-2.9%	728,630	-0.3%	2.18%	-4.9%
CL	Buy	Colgate-Palmolive Co	$118,166,000	+1.9%	1,593,824	+0.6%	2.18%	-0.1%
DFS	Buy	Discover Financial Services	$115,500,000	+16.9%	2,042,437	+10.8%	2.13%	+14.5%
NLSN	Buy	Nielsen Holdings PLC	$111,727,000	+4.0%	2,085,634	+0.9%	2.06%	+1.8%
TEL	Buy	TE Connectivity Ltd	$106,808,000	+14.4%	1,659,026	+1.4%	1.97%	+12.0%
VFC	Sell	VF Corp	$106,515,000	-16.8%	1,900,365	-8.7%	1.96%	-18.5%
CB	Buy	Chubb Ltd	$106,231,000	-3.0%	845,449	+0.9%	1.96%	-5.0%
SLB	Buy	Schlumberger Ltd	$103,255,000	+0.7%	1,313,011	+1.3%	1.90%	-1.3%
MON	Buy	Monsanto Co	$101,700,000	+9.2%	995,108	+10.5%	1.87%	+7.0%
PX	Buy	Praxair Inc	$99,419,000	+8.7%	822,804	+1.1%	1.83%	+6.5%
BLK	Buy	BlackRock Inc	$98,362,000	+6.8%	271,373	+0.9%	1.81%	+4.6%
DIS	Buy	Walt Disney Co/The	$96,108,000	-3.7%	1,034,978	+1.4%	1.77%	-5.7%
WEC	Sell	WEC Energy Group Inc	$95,517,000	-26.8%	1,595,139	-20.2%	1.76%	-28.3%
MDLZ	Buy	Mondelez International Inccl a	$94,331,000	-2.5%	2,148,765	+1.0%	1.74%	-4.5%
NVO	Buy	Novo Nordisk A/Sadr	$94,255,000	-6.5%	2,266,286	+21.0%	1.74%	-8.3%
EXR	New	Extra Space Storage Inc	$79,409,000	–	999,983	–	1.46%	–
IR	New	Ingersoll-Rand PLC	$58,841,000	–	866,071	–	1.08%	–
TD	Buy	Toronto-Dominion Bank/The	$7,225,000	+129.4%	124,056	+118.5%	0.13%	+125.4%
NVS	Buy	Novartis AGsponsored adr	$3,745,000	-4.1%	47,434	+0.2%	0.07%	-5.5%
ENB	New	Enbridge Inc	$2,993,000	–	51,601	–	0.06%	–
WPP	Sell	WPP PLCadr	$2,880,000	+9.9%	24,467	-2.4%	0.05%	+8.2%
DVMT	New	Dell Technologies Inc - VMware Inc	$2,866,000	–	59,967	–	0.05%	–
TTE	Sell	TOTAL SAsponsored adr	$2,620,000	-0.8%	54,923	-0.0%	0.05%	-4.0%
MUFG	Sell	Mitsubishi UFJ Financial Group Incsponsored adr	$2,367,000	+11.3%	468,658	-2.4%	0.04%	+10.0%
GRFS	Sell	Grifols SAsp adr rep b nvt	$2,261,000	-7.6%	141,598	-3.5%	0.04%	-8.7%
LYG	Sell	Lloyds Banking Group PLCsponsored adr	$1,675,000	-6.5%	583,548	-3.3%	0.03%	-8.8%
SPY	New	SPDR S&P500 ETF Trusttr unit	$349,000	–	1,614	–	0.01%	–
TS	Exit	Tenaris SAsponsored adr	$0	–	-88,252	–	-0.05%	–
M	Exit	Macy's Inc	$0	–	-2,008,725	–	-1.27%	–
EMC	Exit	EMC Corp/MA	$0	–	-4,012,337	–	-2.05%	–

Q2 2016

			Value		Shares		↓ Weighting
UNH	New	UnitedHealth Group Inc	$185,538,000	–	1,314,010	–	3.49%	–
AAPL	New	Apple Inc	$183,755,000	–	1,922,128	–	3.45%	–
PFE	New	Pfizer Inc	$182,449,000	–	5,181,740	–	3.43%	–
T	New	AT&T Inc	$170,157,000	–	3,937,929	–	3.20%	–
MDT	New	Medtronic PLC	$169,845,000	–	1,957,425	–	3.19%	–
NEE	New	NextEra Energy Inc	$167,246,000	–	1,282,565	–	3.14%	–
MSFT	New	Microsoft Corp	$163,579,000	–	3,196,788	–	3.07%	–
JPM	New	JPMorgan Chase & Co	$156,235,000	–	2,514,248	–	2.94%	–
JNJ	New	Johnson & Johnson	$153,125,000	–	1,262,373	–	2.88%	–
CVX	New	Chevron Corp	$151,293,000	–	1,443,226	–	2.84%	–
PEP	New	PepsiCo Inc	$150,904,000	–	1,424,430	–	2.84%	–
CVS	New	CVS Health Corp	$148,617,000	–	1,552,307	–	2.79%	–
ABBV	New	AbbVie Inc	$145,025,000	–	2,342,514	–	2.72%	–
ACN	New	Accenture PLC	$143,843,000	–	1,269,697	–	2.70%	–
LOW	New	Lowe's Cos Inc	$138,800,000	–	1,753,198	–	2.61%	–
WFC	New	Wells Fargo & Co	$137,961,000	–	2,914,895	–	2.59%	–
HON	New	Honeywell International Inc	$137,878,000	–	1,185,335	–	2.59%	–
FIS	New	Fidelity National Information Services Inc	$135,184,000	–	1,834,756	–	2.54%	–
LMT	New	Lockheed Martin Corp	$131,607,000	–	530,313	–	2.47%	–
WEC	New	WEC Energy Group Inc	$130,484,000	–	1,998,235	–	2.45%	–
VFC	New	VF Corp	$128,039,000	–	2,082,276	–	2.41%	–
WHR	New	Whirlpool Corp	$121,746,000	–	730,596	–	2.29%	–
MMC	New	Marsh & McLennan Cos Inc	$121,345,000	–	1,772,503	–	2.28%	–
PSX	New	Phillips 66	$121,048,000	–	1,525,695	–	2.27%	–
UNP	New	Union Pacific Corp	$120,688,000	–	1,383,252	–	2.27%	–
CL	New	Colgate-Palmolive Co	$115,941,000	–	1,583,903	–	2.18%	–
CB	New	Chubb Ltd	$109,469,000	–	837,501	–	2.06%	–
EMC	New	EMC Corp/MA	$109,015,000	–	4,012,337	–	2.05%	–
GM	New	General Motors Co	$108,490,000	–	3,833,578	–	2.04%	–
NLSN	New	Nielsen Holdings PLC	$107,467,000	–	2,067,878	–	2.02%	–
PKG	New	Packaging Corp of America	$106,444,000	–	1,590,378	–	2.00%	–
SLB	New	Schlumberger Ltd	$102,517,000	–	1,296,375	–	1.93%	–
NVO	New	Novo Nordisk A/Sadr	$100,767,000	–	1,873,706	–	1.89%	–
DIS	New	Walt Disney Co/The	$99,802,000	–	1,020,269	–	1.88%	–
DFS	New	Discover Financial Services	$98,809,000	–	1,843,806	–	1.86%	–
MDLZ	New	Mondelez International Inccl a	$96,774,000	–	2,126,444	–	1.82%	–
TEL	New	TE Connectivity Ltd	$93,394,000	–	1,635,341	–	1.76%	–
MON	New	Monsanto Co	$93,133,000	–	900,627	–	1.75%	–
BLK	New	BlackRock Inc	$92,115,000	–	268,926	–	1.73%	–
PX	New	Praxair Inc	$91,474,000	–	813,905	–	1.72%	–
M	New	Macy's Inc	$67,513,000	–	2,008,725	–	1.27%	–
NVS	New	Novartis AGsponsored adr	$3,905,000	–	47,336	–	0.07%	–
TD	New	Toronto-Dominion Bank/The	$3,150,000	–	56,778	–	0.06%	–
TTE	New	TOTAL SAsponsored adr	$2,642,000	–	54,941	–	0.05%	–
WPP	New	WPP PLCadr	$2,621,000	–	25,080	–	0.05%	–
TS	New	Tenaris SAsponsored adr	$2,545,000	–	88,252	–	0.05%	–
VOD	New	Vodafone Group PLCspnsr adr	$2,530,000	–	81,930	–	0.05%	–
GRFS	New	Grifols SAsp adr rep b nvt	$2,447,000	–	146,796	–	0.05%	–
WBK	New	Westpac Banking Corpsponsored adr	$2,301,000	–	104,177	–	0.04%	–
MUFG	New	Mitsubishi UFJ Financial Group Incsponsored adr	$2,126,000	–	480,072	–	0.04%	–
SAP	New	SAP SEspon adr	$1,963,000	–	26,175	–	0.04%	–
SNY	New	Sanofisponsored adr	$1,806,000	–	43,155	–	0.03%	–
LYG	New	Lloyds Banking Group PLCsponsored adr	$1,792,000	–	603,641	–	0.03%	–
UL	New	Unilever PLCspon adr new	$1,746,000	–	36,452	–	0.03%	–
IX	New	ORIX Corpsponsored adr	$1,588,000	–	24,863	–	0.03%	–

Q4 2015

			Value		Shares		↓ Weighting
TWC	Exit	Time Warner Cable Inc	$0	–	-81	–	0.00%	–
POT	Exit	Potash Corp of Saskatchewan Inc	$0	–	-61,428	–	-0.03%	–
SPY	Exit	SPDR S&P 500 ETF Trusttr unit	$0	–	-6,790	–	-0.03%	–
TS	Exit	Tenaris SAsponsored adr	$0	–	-63,469	–	-0.03%	–
SAP	Exit	SAP SEspon adr	$0	–	-25,906	–	-0.04%	–
GRFS	Exit	Grifols SAsp adr rep b nvt	$0	–	-64,530	–	-0.04%	–
VOD	Exit	Vodafone Group PLCspnsr adr no par	$0	–	-64,532	–	-0.04%	–
WBK	Exit	Westpac Banking Corpsponsored adr	$0	–	-102,861	–	-0.04%	–
BHP	Exit	BHP Billiton Ltdsponsored adr	$0	–	-68,857	–	-0.04%	–
SNY	Exit	Sanofisponsored adr	$0	–	-50,969	–	-0.05%	–
TTE	Exit	TOTAL SAsponsored adr	$0	–	-54,333	–	-0.05%	–
WPP	Exit	WPP PLCadr	$0	–	-24,276	–	-0.05%	–
TD	Exit	Toronto-Dominion Bank/The	$0	–	-56,090	–	-0.06%	–
NVS	Exit	Novartis AGsponsored adr	$0	–	-52,189	–	-0.10%	–
MUFG	Exit	Mitsubishi UFJ Financial Group Incsponsored adr	$0	–	-825,846	–	-0.10%	–
MDLZ	Exit	Mondelez International Inccl a	$0	–	-1,630,337	–	-1.43%	–
ITC	Exit	ITC Holdings Corp	$0	–	-2,176,685	–	-1.52%	–
MON	Exit	Monsanto Co	$0	–	-893,202	–	-1.59%	–
BLK	Exit	BlackRock Inc	$0	–	-269,831	–	-1.68%	–
PX	Exit	Praxair Inc	$0	–	-807,967	–	-1.72%	–
CFR	Exit	Cullen/Frost Bankers Inc	$0	–	-1,362,173	–	-1.81%	–
MMC	Exit	Marsh & McLennan Cos Inc	$0	–	-1,764,326	–	-1.92%	–
WHR	Exit	Whirlpool Corp	$0	–	-639,526	–	-1.97%	–
DFS	Exit	Discover Financial Services	$0	–	-1,819,997	–	-1.98%	–
KMI	Exit	Kinder Morgan Inc/DE	$0	–	-3,435,065	–	-1.99%	–
EMC	Exit	EMC Corp/MA	$0	–	-4,029,986	–	-2.03%	–
PSX	Exit	Phillips 66	$0	–	-1,274,980	–	-2.05%	–
LOW	Exit	Lowe's Cos Inc	$0	–	-1,430,570	–	-2.06%	–
WEC	Exit	WEC Energy Group Inc	$0	–	-1,947,945	–	-2.12%	–
PKG	Exit	Packaging Corp of America	$0	–	-1,697,898	–	-2.13%	–
M	Exit	Macy's Inc	$0	–	-2,016,474	–	-2.16%	–
NVO	Exit	Novo Nordisk A/Sadr	$0	–	-1,938,996	–	-2.20%	–
NLSN	Exit	Nielsen Holdings PLC	$0	–	-2,366,514	–	-2.20%	–
CVX	Exit	Chevron Corp	$0	–	-1,432,207	–	-2.36%	–
GM	Exit	General Motors Co	$0	–	-3,804,368	–	-2.38%	–
ACN	Exit	Accenture PLC	$0	–	-1,181,748	–	-2.42%	–
JNJ	Exit	Johnson & Johnson	$0	–	-1,252,548	–	-2.44%	–
CL	Exit	Colgate-Palmolive Co	$0	–	-1,920,457	–	-2.54%	–
BA	Exit	Boeing Co/The	$0	–	-932,383	–	-2.55%	–
UNP	Exit	Union Pacific Corp	$0	–	-1,399,732	–	-2.58%	–
NEE	Exit	NextEra Energy Inc	$0	–	-1,276,202	–	-2.60%	–
HON	Exit	Honeywell International Inc	$0	–	-1,318,309	–	-2.61%	–
ACE	Exit	ACE Ltd	$0	–	-1,210,521	–	-2.61%	–
MSFT	Exit	Microsoft Corp	$0	–	-2,830,766	–	-2.62%	–
ABBV	Exit	AbbVie Inc	$0	–	-2,341,048	–	-2.66%	–
MDT	Exit	Medtronic PLC	$0	–	-1,947,953	–	-2.72%	–
PEP	Exit	PepsiCo Inc	$0	–	-1,430,550	–	-2.82%	–
T	Exit	AT&T Inc	$0	–	-4,228,995	–	-2.88%	–
PFE	Exit	Pfizer Inc	$0	–	-4,522,966	–	-2.97%	–
VFC	Exit	VF Corp	$0	–	-2,089,893	–	-2.98%	–
FIS	Exit	Fidelity National Information Services Inc	$0	–	-2,126,340	–	-2.98%	–
JPM	Exit	JPMorgan Chase & Co	$0	–	-2,398,881	–	-3.05%	–
UNH	Exit	UnitedHealth Group Inc	$0	–	-1,282,911	–	-3.11%	–
CVS	Exit	CVS Health Corp	$0	–	-1,574,947	–	-3.17%	–
WFC	Exit	Wells Fargo & Co	$0	–	-3,052,662	–	-3.27%	–
AAPL	Exit	Apple Inc	$0	–	-1,912,635	–	-4.41%	–

Q3 2015

			Value		Shares		↓ Weighting
AAPL	Buy	Apple Inc	$210,964,000	-3.1%	1,912,635	+10.2%	4.41%	+0.6%
WFC	Sell	Wells Fargo & Co	$156,754,000	-9.6%	3,052,662	-1.0%	3.27%	-6.2%
CVS	Sell	CVS Health Corp	$151,951,000	-8.1%	1,574,947	-0.2%	3.17%	-4.7%
UNH	Sell	UnitedHealth Group Inc	$148,831,000	-16.3%	1,282,911	-12.0%	3.11%	-13.2%
JPM	Sell	JPMorgan Chase & Co	$146,260,000	+138.9%	2,398,881	-1.1%	3.05%	+147.9%
FIS	Sell	Fidelity National Information Services Inc	$142,635,000	+7.4%	2,126,340	-1.0%	2.98%	+11.4%
VFC	Buy	VF Corp	$142,552,000	+13.6%	2,089,893	+16.1%	2.98%	+17.8%
PFE	Sell	Pfizer Inc	$142,066,000	-7.3%	4,522,966	-1.1%	2.97%	-3.9%
T	Sell	AT&T Inc	$137,781,000	-9.2%	4,228,995	-1.0%	2.88%	-5.8%
PEP	Buy	PepsiCo Inc	$134,901,000	+1.5%	1,430,550	+0.5%	2.82%	+5.3%
MDT	Buy	Medtronic PLC	$130,396,000	+15.3%	1,947,953	+27.6%	2.72%	+19.6%
ABBV	Sell	AbbVie Inc	$127,376,000	-20.5%	2,341,048	-1.8%	2.66%	-17.5%
MSFT	Sell	Microsoft Corp	$125,290,000	-0.8%	2,830,766	-1.0%	2.62%	+3.0%
ACE	Sell	ACE Ltd	$125,168,000	+0.9%	1,210,521	-0.8%	2.61%	+4.7%
HON	Sell	Honeywell International Inc	$124,831,000	-8.1%	1,318,309	-1.0%	2.61%	-4.6%
NEE	Sell	NextEra Energy Inc	$124,494,000	-1.4%	1,276,202	-0.9%	2.60%	+2.3%
UNP	Buy	Union Pacific Corp	$123,750,000	+2.3%	1,399,732	+10.4%	2.58%	+6.1%
BA	Sell	Boeing Co/The	$122,096,000	-6.6%	932,383	-1.1%	2.55%	-3.1%
CL	Sell	Colgate-Palmolive Co	$121,872,000	-4.3%	1,920,457	-1.4%	2.54%	-0.7%
JNJ	New	Johnson & Johnson	$116,925,000	–	1,252,548	–	2.44%	–
ACN	Sell	Accenture PLC	$116,119,000	+1.4%	1,181,748	-0.1%	2.42%	+5.2%
GM	Buy	General Motors Co	$114,207,000	+7.0%	3,804,368	+18.8%	2.38%	+11.0%
CVX	Sell	Chevron Corp	$112,972,000	-19.3%	1,432,207	-1.3%	2.36%	-16.3%
NLSN	New	Nielsen Holdings PLC	$105,239,000	–	2,366,514	–	2.20%	–
NVO	Sell	Novo Nordisk A/Sadr	$105,171,000	-2.2%	1,938,996	-1.2%	2.20%	+1.5%
M	Sell	Macy's Inc	$103,485,000	-24.8%	2,016,474	-1.1%	2.16%	-22.0%
PKG	Buy	Packaging Corp of America	$102,146,000	+15.7%	1,697,898	+20.1%	2.13%	+20.0%
WEC	New	WEC Energy Group Inc	$101,722,000	–	1,947,945	–	2.12%	–
LOW	Sell	Lowe's Cos Inc	$98,595,000	-22.3%	1,430,570	-24.5%	2.06%	-19.3%
PSX	Sell	Phillips 66	$97,969,000	-24.9%	1,274,980	-21.2%	2.05%	-22.1%
EMC	Buy	EMC Corp/MA	$97,364,000	+0.1%	4,029,986	+9.4%	2.03%	+3.9%
KMI	Sell	Kinder Morgan Inc/DE	$95,083,000	-28.6%	3,435,065	-1.0%	1.99%	-26.0%
DFS	Sell	Discover Financial Services	$94,622,000	+100.9%	1,819,997	-1.6%	1.98%	+108.4%
WHR	Buy	Whirlpool Corp	$94,177,000	-14.8%	639,526	+0.1%	1.97%	-11.6%
MMC	Sell	Marsh & McLennan Cos Inc	$92,133,000	-14.7%	1,764,326	-7.4%	1.92%	-11.5%
CFR	Sell	Cullen/Frost Bankers Inc	$86,607,000	-22.7%	1,362,173	-4.5%	1.81%	-19.8%
PX	Sell	Praxair Inc	$82,300,000	-16.4%	807,967	-1.9%	1.72%	-13.3%
BLK	Sell	BlackRock Inc	$80,267,000	-15.4%	269,831	-1.6%	1.68%	-12.3%
MON	Sell	Monsanto Co	$76,226,000	-21.7%	893,202	-2.2%	1.59%	-18.7%
ITC	Sell	ITC Holdings Corp	$72,571,000	-0.8%	2,176,685	-4.3%	1.52%	+2.9%
MDLZ	New	Mondelez International Inccl a	$68,262,000	–	1,630,337	–	1.43%	–
MUFG	Buy	Mitsubishi UFJ Financial Group Incsponsored adr	$5,029,000	+60.5%	825,846	+90.3%	0.10%	+66.7%
NVS	Buy	Novartis AGsponsored adr	$4,797,000	+85.9%	52,189	+98.9%	0.10%	+92.3%
TD	Buy	Toronto-Dominion Bank/The	$2,950,000	+42.0%	56,090	+14.8%	0.06%	+47.6%
WPP	Buy	WPP PLCadr	$2,525,000	-7.0%	24,276	+0.8%	0.05%	-3.6%
TTE	Buy	TOTAL SAsponsored adr	$2,429,000	-8.6%	54,333	+0.5%	0.05%	-5.6%
SNY	Buy	Sanofisponsored adr	$2,419,000	-2.8%	50,969	+1.4%	0.05%	+2.0%
BHP	Buy	BHP Billiton Ltdsponsored adr	$2,177,000	-21.4%	68,857	+1.1%	0.04%	-19.6%
WBK	Buy	Westpac Banking Corpsponsored adr	$2,166,000	-7.0%	102,861	+9.2%	0.04%	-4.3%
VOD	Sell	Vodafone Group PLCspnsr adr no par	$2,048,000	-20.6%	64,532	-8.8%	0.04%	-17.3%
GRFS	Buy	Grifols SAsp adr rep b nvt	$1,962,000	+15.3%	64,530	+17.5%	0.04%	+20.6%
TS	Buy	Tenaris SAsponsored adr	$1,530,000	+14.8%	63,469	+28.7%	0.03%	+18.5%
SPY	New	SPDR S&P 500 ETF Trusttr unit	$1,301,000	–	6,790	–	0.03%	–
POT	New	Potash Corp of Saskatchewan Inc	$1,262,000	–	61,428	–	0.03%	–
TWC	Sell	Time Warner Cable Inc	$15,000	-100.0%	81	-100.0%	0.00%	-100.0%
HSBC	Exit	HSBC Holdings PLCspon adr new	$0	–	-44,302	–	-0.02%	–
MKC	Exit	McCormick & Co Inc/MD	$0	–	-1,154,156	–	-1.88%	–
NLSN	Exit	Nielsen NV	$0	–	-2,384,273	–	-2.15%	–

Q2 2015

			Value		Shares		↓ Weighting
AAPL	New	Apple Inc	$217,650,000	–	1,735,299	–	4.38%	–
UNH	New	UnitedHealth Group Inc	$177,836,000	–	1,457,670	–	3.58%	–
WFC	New	Wells Fargo & Co	$173,469,000	–	3,084,444	–	3.49%	–
CVS	New	CVS Health Corp	$165,430,000	–	1,577,325	–	3.33%	–
ABBV	New	AbbVie Inc	$160,171,000	–	2,383,850	–	3.22%	–
TWC	New	Time Warner Cable Inc	$157,632,000	–	884,726	–	3.17%	–
PFE	New	Pfizer Inc	$153,322,000	–	4,572,673	–	3.09%	–
T	New	AT&T Inc	$151,755,000	–	4,272,377	–	3.06%	–
CVX	New	Chevron Corp	$139,947,000	–	1,450,678	–	2.82%	–
M	New	Macy's Inc	$137,601,000	–	2,039,438	–	2.77%	–
HON	New	Honeywell International Inc	$135,831,000	–	1,332,073	–	2.73%	–
KMI	New	Kinder Morgan Inc/DE	$133,251,000	–	3,470,992	–	2.68%	–
PEP	New	PepsiCo Inc	$132,915,000	–	1,423,984	–	2.68%	–
FIS	New	Fidelity National Information Services Inc	$132,796,000	–	2,148,804	–	2.67%	–
BA	New	Boeing Co/The	$130,736,000	–	942,445	–	2.63%	–
PSX	New	Phillips 66	$130,395,000	–	1,618,606	–	2.62%	–
CL	New	Colgate-Palmolive Co	$127,381,000	–	1,947,426	–	2.56%	–
LOW	New	Lowe's Cos Inc	$126,840,000	–	1,893,976	–	2.55%	–
NEE	New	NextEra Energy Inc	$126,295,000	–	1,288,333	–	2.54%	–
MSFT	New	Microsoft Corp	$126,251,000	–	2,859,597	–	2.54%	–
VFC	New	VF Corp	$125,537,000	–	1,800,078	–	2.53%	–
ACE	New	ACE Ltd	$124,060,000	–	1,220,106	–	2.50%	–
UNP	New	Union Pacific Corp	$120,958,000	–	1,268,300	–	2.44%	–
ACN	New	Accenture PLC	$114,499,000	–	1,183,084	–	2.30%	–
MDT	New	Medtronic PLC	$113,113,000	–	1,526,485	–	2.28%	–
CFR	New	Cullen/Frost Bankers Inc	$112,082,000	–	1,426,342	–	2.26%	–
WHR	New	Whirlpool Corp	$110,559,000	–	638,886	–	2.23%	–
MMC	New	Marsh & McLennan Cos Inc	$108,063,000	–	1,905,875	–	2.18%	–
NVO	New	Novo Nordisk A/Sadr	$107,495,000	–	1,963,028	–	2.16%	–
NLSN	New	Nielsen NV	$106,744,000	–	2,384,273	–	2.15%	–
GM	New	General Motors Co	$106,698,000	–	3,201,270	–	2.15%	–
PX	New	Praxair Inc	$98,440,000	–	823,423	–	1.98%	–
MON	New	Monsanto Co	$97,331,000	–	913,131	–	1.96%	–
EMC	New	EMC Corp/MA	$97,242,000	–	3,684,817	–	1.96%	–
BLK	New	BlackRock Inc	$94,906,000	–	274,310	–	1.91%	–
MKC	New	McCormick & Co Inc/MD	$93,429,000	–	1,154,156	–	1.88%	–
PKG	New	Packaging Corp of America	$88,316,000	–	1,413,278	–	1.78%	–
ITC	New	ITC Holdings Corp	$73,161,000	–	2,273,487	–	1.47%	–
JPM	New	JPMorgan Chase & Co	$61,227,000	–	2,424,849	–	1.23%	–
DFS	New	Discover Financial Services	$47,105,000	–	1,849,415	–	0.95%	–
MUFG	New	Mitsubishi UFJ Financial Group Incsponsored adr	$3,134,000	–	434,081	–	0.06%	–
BHP	New	BHP Billiton Ltdsponsored adr	$2,771,000	–	68,078	–	0.06%	–
WPP	New	WPP PLCadr	$2,714,000	–	24,073	–	0.06%	–
TTE	New	TOTAL SAsponsored adr	$2,659,000	–	54,076	–	0.05%	–
NVS	New	Novartis AGsponsored adr	$2,580,000	–	26,233	–	0.05%	–
VOD	New	Vodafone Group PLCspnsr adr no par	$2,580,000	–	70,776	–	0.05%	–
SNY	New	Sanofisponsored adr	$2,489,000	–	50,262	–	0.05%	–
WBK	New	Westpac Banking Corpsponsored adr	$2,329,000	–	94,157	–	0.05%	–
TD	New	Toronto-Dominion Bank/The	$2,078,000	–	48,871	–	0.04%	–
SAP	New	SAP SEspon adr	$1,819,000	–	25,906	–	0.04%	–
GRFS	New	Grifols SAsp adr rep b nvt	$1,701,000	–	54,938	–	0.03%	–
TS	New	Tenaris SAsponsored adr	$1,333,000	–	49,322	–	0.03%	–
HSBC	New	HSBC Holdings PLCspon adr new	$1,147,000	–	44,302	–	0.02%	–

Q4 2014

			Value		Shares		↓ Weighting
SAP	Exit	SAP SEspon adr	$0	–	-20,383	–	-0.03%	–
GRFS	Exit	Grifols SAsp adr rep b nvt	$0	–	-50,212	–	-0.04%	–
MUFG	Exit	Mitsubishi UFJ Financial Group Incsponsored adr	$0	–	-321,797	–	-0.04%	–
BHP	Exit	BHP Billiton Ltdsponsored adr	$0	–	-30,079	–	-0.04%	–
VOD	Exit	Vodafone Group PLCspnsr adr no par	$0	–	-60,572	–	-0.04%	–
SYT	Exit	Syngenta AGsponsored adr	$0	–	-31,393	–	-0.04%	–
SNY	Exit	Sanofisponsored adr	$0	–	-37,804	–	-0.04%	–
TS	Exit	Tenaris SAsponsored adr	$0	–	-49,815	–	-0.05%	–
HSBC	Exit	HSBC Holdings PLCspon adr new	$0	–	-44,745	–	-0.05%	–
WPP	Exit	WPP PLCadr	$0	–	-25,047	–	-0.05%	–
WBK	Exit	Westpac Banking Corpsponsored adr	$0	–	-97,886	–	-0.06%	–
TD	Exit	Toronto-Dominion Bank/The	$0	–	-50,938	–	-0.06%	–
TTE	Exit	Total SAsponsored adr	$0	–	-48,152	–	-0.06%	–
LUMN	Exit	CenturyLink Inc	$0	–	-81,451	–	-0.07%	–
NVS	Exit	Novartis AGsponsored adr	$0	–	-36,960	–	-0.07%	–
MSI	Exit	Motorola Solutions Inc	$0	–	-124,994	–	-0.16%	–
KO	Exit	Coca-Cola Co/The	$0	–	-243,203	–	-0.21%	–
TUP	Exit	Tupperware Brands Corp	$0	–	-864,936	–	-1.23%	–
SDRL	Exit	Seadrill Ltd	$0	–	-2,849,712	–	-1.58%	–
MKC	Exit	McCormick & Co Inc/MD	$0	–	-1,165,853	–	-1.61%	–
ITC	Exit	ITC Holdings Corp	$0	–	-2,288,375	–	-1.68%	–
PKG	Exit	Packaging Corp of America	$0	–	-1,387,585	–	-1.83%	–
BLK	Exit	BlackRock Inc	$0	–	-276,600	–	-1.88%	–
CAT	Exit	Caterpillar Inc	$0	–	-918,579	–	-1.88%	–
NLSN	Exit	Nielsen NV	$0	–	-2,110,778	–	-1.93%	–
NEE	Exit	NextEra Energy Inc	$0	–	-997,319	–	-1.93%	–
NVO	Exit	Novo Nordisk A/Sadr	$0	–	-1,970,894	–	-1.94%	–
ACN	Exit	Accenture PLC	$0	–	-1,184,578	–	-1.99%	–
ACE	Exit	ACE Ltd	$0	–	-928,972	–	-2.01%	–
CFR	Exit	Cullen/Frost Bankers Inc	$0	–	-1,282,991	–	-2.03%	–
BK	Exit	Bank of New York Mellon Corp/The	$0	–	-2,540,979	–	-2.03%	–
M	Exit	Macy's Inc	$0	–	-1,723,835	–	-2.07%	–
LOW	Exit	Lowe's Cos Inc	$0	–	-1,915,792	–	-2.09%	–
WHR	Exit	Whirlpool Corp	$0	–	-698,127	–	-2.10%	–
PSX	Exit	Phillips 66	$0	–	-1,267,993	–	-2.13%	–
DFS	Exit	Discover Financial Services	$0	–	-1,615,498	–	-2.15%	–
EMC	Exit	EMC Corp/MA	$0	–	-3,640,129	–	-2.20%	–
MMC	Exit	Marsh & McLennan Cos Inc	$0	–	-2,148,563	–	-2.32%	–
QCOM	Exit	QUALCOMM Inc	$0	–	-1,529,869	–	-2.36%	–
F113PS	Exit	Covidien PLC	$0	–	-1,324,129	–	-2.37%	–
KMI	Exit	Kinder Morgan Inc/DE	$0	–	-3,069,153	–	-2.43%	–
FIS	Exit	Fidelity National Information Services Inc	$0	–	-2,110,297	–	-2.45%	–
PM	Exit	Philip Morris International Inc	$0	–	-1,425,969	–	-2.46%	–
BA	Exit	Boeing Co/The	$0	–	-935,210	–	-2.46%	–
HON	Exit	Honeywell International Inc	$0	–	-1,298,066	–	-2.50%	–
CL	Exit	Colgate-Palmolive Co	$0	–	-1,890,668	–	-2.55%	–
UNH	Exit	UnitedHealth Group Inc	$0	–	-1,458,570	–	-2.60%	–
TWC	Exit	Time Warner Cable Inc	$0	–	-888,598	–	-2.63%	–
T	Exit	AT&T Inc	$0	–	-3,714,787	–	-2.70%	–
PFE	Exit	Pfizer Inc	$0	–	-4,582,468	–	-2.80%	–
UNP	Exit	Union Pacific Corp	$0	–	-1,266,340	–	-2.84%	–
ABBV	Exit	AbbVie Inc	$0	–	-2,387,202	–	-2.85%	–
VFC	Exit	VF Corp	$0	–	-2,096,570	–	-2.86%	–
CVX	Exit	Chevron Corp	$0	–	-1,189,406	–	-2.93%	–
JPM	Exit	JPMorgan Chase & Co	$0	–	-2,427,362	–	-3.02%	–
CVS	Exit	CVS Health Corp	$0	–	-1,927,474	–	-3.17%	–
WFC	Exit	Wells Fargo & Co	$0	–	-3,089,315	–	-3.31%	–
MSFT	Exit	Microsoft Corp	$0	–	-3,591,870	–	-3.44%	–
AAPL	Exit	Apple Inc	$0	–	-1,712,533	–	-3.56%	–

Q3 2014

			Value		Shares		↓ Weighting
AAPL	Buy	Apple Inc	$172,538,000	+16.7%	1,712,533	+7.7%	3.56%	+17.6%
MSFT	Sell	Microsoft Corp	$166,519,000	+11.0%	3,591,870	-0.2%	3.44%	+11.8%
WFC	Sell	Wells Fargo & Co	$160,243,000	-1.5%	3,089,315	-0.2%	3.31%	-0.9%
CVS	Sell	CVS Health Corp	$153,408,000	+4.1%	1,927,474	-1.4%	3.17%	+4.8%
JPM	Sell	JPMorgan Chase & Co	$146,224,000	+4.2%	2,427,362	-0.3%	3.02%	+4.9%
CVX	Buy	Chevron Corp	$141,920,000	+11.9%	1,189,406	+22.5%	2.93%	+12.7%
VFC	Sell	VF Corp	$138,437,000	+4.1%	2,096,570	-0.7%	2.86%	+4.8%
ABBV	Sell	AbbVie Inc	$137,885,000	+2.0%	2,387,202	-0.4%	2.85%	+2.7%
UNP	Sell	Union Pacific Corp	$137,297,000	+6.4%	1,266,340	-2.2%	2.84%	+7.1%
PFE	Sell	Pfizer Inc	$135,504,000	-0.7%	4,582,468	-0.3%	2.80%	0.0%
T	Sell	AT&T Inc	$130,909,000	-0.6%	3,714,787	-0.3%	2.70%	+0.1%
TWC	Sell	Time Warner Cable Inc	$127,505,000	-3.3%	888,598	-0.7%	2.63%	-2.6%
UNH	Sell	UnitedHealth Group Inc	$125,802,000	+4.0%	1,458,570	-1.4%	2.60%	+4.7%
CL	Buy	Colgate-Palmolive Co	$123,309,000	+34.4%	1,890,668	+40.5%	2.55%	+35.3%
HON	Buy	Honeywell International Inc	$120,876,000	+22.4%	1,298,066	+22.2%	2.50%	+23.3%
BA	Buy	Boeing Co/The	$119,127,000	+1.8%	935,210	+1.7%	2.46%	+2.5%
PM	Sell	Philip Morris International Inc	$118,926,000	-1.5%	1,425,969	-0.4%	2.46%	-0.8%
FIS	Buy	Fidelity National Information Services Inc	$118,810,000	+20.9%	2,110,297	+17.6%	2.45%	+21.8%
KMI	Sell	Kinder Morgan Inc/DE	$117,671,000	-11.0%	3,069,153	-15.8%	2.43%	-10.3%
F113PS	Sell	Covidien PLC	$114,550,000	-5.7%	1,324,129	-1.7%	2.37%	-5.0%
QCOM	Sell	QUALCOMM Inc	$114,388,000	-5.8%	1,529,869	-0.2%	2.36%	-5.1%
MMC	Buy	Marsh & McLennan Cos Inc	$112,456,000	+1679.9%	2,148,563	+1662.2%	2.32%	+1686.2%
EMC	Sell	EMC Corp/MA	$106,510,000	+9.6%	3,640,129	-1.4%	2.20%	+10.3%
DFS	Buy	Discover Financial Services	$104,022,000	+11.7%	1,615,498	+7.5%	2.15%	+12.4%
PSX	Sell	Phillips 66	$103,101,000	+0.8%	1,267,993	-0.3%	2.13%	+1.5%
WHR	Buy	Whirlpool Corp	$101,682,000	+21.8%	698,127	+16.4%	2.10%	+22.6%
LOW	Sell	Lowe's Cos Inc	$101,384,000	+9.5%	1,915,792	-0.7%	2.09%	+10.3%
M	Sell	Macy's Inc	$100,293,000	+0.1%	1,723,835	-0.1%	2.07%	+0.8%
BK	Sell	Bank of New York Mellon Corp/The	$98,412,000	-19.7%	2,540,979	-22.3%	2.03%	-19.2%
CFR	Sell	Cullen/Frost Bankers Inc	$98,162,000	-3.9%	1,282,991	-0.3%	2.03%	-3.2%
ACE	Sell	ACE Ltd	$97,421,000	-0.5%	928,972	-1.6%	2.01%	+0.1%
ACN	Sell	Accenture PLC	$96,330,000	+0.3%	1,184,578	-0.2%	1.99%	+1.0%
NVO	Sell	Novo Nordisk A/Sadr	$93,854,000	+2.4%	1,970,894	-0.7%	1.94%	+3.1%
NEE	Sell	NextEra Energy Inc	$93,628,000	-8.6%	997,319	-0.3%	1.93%	-8.0%
NLSN	Buy	Nielsen NV	$93,571,000	-7.8%	2,110,778	+0.7%	1.93%	-7.2%
CAT	Buy	Caterpillar Inc	$90,967,000	+10.6%	918,579	+21.3%	1.88%	+11.4%
BLK	Sell	BlackRock Inc	$90,813,000	+2.3%	276,600	-0.4%	1.88%	+3.0%
PKG	Buy	Packaging Corp of America	$88,556,000	-10.1%	1,387,585	+0.7%	1.83%	-9.5%
ITC	Sell	ITC Holdings Corp	$81,535,000	-2.5%	2,288,375	-0.2%	1.68%	-1.8%
MKC	Buy	McCormick & Co Inc/MD	$77,996,000	-6.3%	1,165,853	+0.3%	1.61%	-5.6%
SDRL	Sell	Seadrill Ltd	$76,258,000	-33.5%	2,849,712	-0.7%	1.58%	-33.0%
TUP	Buy	Tupperware Brands Corp	$59,715,000	-17.4%	864,936	+0.2%	1.23%	-16.8%
KO	Sell	Coca-Cola Co/The	$10,375,000	-91.7%	243,203	-91.7%	0.21%	-91.6%
MSI	Sell	Motorola Solutions Inc	$7,910,000	-91.9%	124,994	-91.5%	0.16%	-91.8%
NVS	Sell	Novartis AGsponsored adr	$3,479,000	+0.8%	36,960	-3.1%	0.07%	+1.4%
LUMN	Buy	CenturyLink Inc	$3,331,000	+14.4%	81,451	+1.3%	0.07%	+15.0%
TTE	Sell	Total SAsponsored adr	$3,103,000	-16.8%	48,152	-6.8%	0.06%	-15.8%
TD	Sell	Toronto-Dominion Bank/The	$2,815,000	-5.2%	50,938	-5.7%	0.06%	-4.9%
WBK	Sell	Westpac Banking Corpsponsored adr	$2,752,000	-17.6%	97,886	-5.8%	0.06%	-16.2%
WPP	Sell	WPP PLCadr	$2,516,000	-13.2%	25,047	-5.8%	0.05%	-11.9%
HSBC	Sell	HSBC Holdings PLCspon adr new	$2,277,000	-5.8%	44,745	-5.9%	0.05%	-6.0%
TS	Sell	Tenaris SAsponsored adr	$2,269,000	-5.7%	49,815	-2.3%	0.05%	-4.1%
SNY	Sell	Sanofisponsored adr	$2,133,000	+1.3%	37,804	-4.6%	0.04%	+2.3%
VOD	Sell	Vodafone Group PLCspnsr adr no par	$1,992,000	-6.2%	60,572	-4.7%	0.04%	-6.8%
SYT	Sell	Syngenta AGsponsored adr	$1,989,000	-20.2%	31,393	-5.8%	0.04%	-19.6%
BHP	Sell	BHP Billiton Ltdsponsored adr	$1,771,000	-21.7%	30,079	-9.0%	0.04%	-19.6%
MUFG	Buy	Mitsubishi UFJ Financial Group Incsponsored adr	$1,805,000	+4.0%	321,797	+14.1%	0.04%	+2.8%
GRFS	Sell	Grifols SAsp adr rep b nvt	$1,764,000	-20.9%	50,212	-0.8%	0.04%	-21.7%
SCCO	Exit	Southern Copper Corp	$0	–	-247,605	–	-0.15%	–

Q2 2014

			Value		Shares		↓ Weighting
WFC	New	Wells Fargo & Co	$162,753,000	–	3,096,515	–	3.34%	–
MSFT	New	Microsoft Corp	$150,042,000	–	3,598,136	–	3.08%	–
AAPL	New	Apple Inc	$147,801,000	–	1,590,450	–	3.03%	–
CVS	New	CVS Caremark Corp	$147,361,000	–	1,955,172	–	3.02%	–
JPM	New	JPMorgan Chase & Co	$140,323,000	–	2,435,326	–	2.88%	–
PFE	New	Pfizer Inc	$136,439,000	–	4,597,003	–	2.80%	–
ABBV	New	AbbVie Inc	$135,209,000	–	2,395,628	–	2.77%	–
VFC	New	VF Corp	$133,025,000	–	2,111,502	–	2.73%	–
KMI	New	Kinder Morgan Inc/DE	$132,146,000	–	3,644,403	–	2.71%	–
TWC	New	Time Warner Cable Inc	$131,842,000	–	895,057	–	2.70%	–
T	New	AT&T Inc	$131,694,000	–	3,724,365	–	2.70%	–
UNP	New	Union Pacific Corp	$129,093,000	–	1,294,168	–	2.65%	–
CVX	New	Chevron Corp	$126,806,000	–	971,325	–	2.60%	–
KO	New	Coca-Cola Co/The	$124,335,000	–	2,935,210	–	2.55%	–
BK	New	Bank of New York Mellon Corp/The	$122,562,000	–	3,270,062	–	2.51%	–
F113PS	New	Covidien PLC	$121,465,000	–	1,346,920	–	2.49%	–
QCOM	New	QUALCOMM Inc	$121,394,000	–	1,532,751	–	2.49%	–
UNH	New	UnitedHealth Group Inc	$120,989,000	–	1,479,991	–	2.48%	–
PM	New	Philip Morris International Inc	$120,733,000	–	1,432,010	–	2.48%	–
BA	New	Boeing Co/The	$116,981,000	–	919,444	–	2.40%	–
SDRL	New	Seadrill Ltd	$114,626,000	–	2,869,229	–	2.35%	–
NEE	New	NextEra Energy Inc	$102,469,000	–	999,890	–	2.10%	–
PSX	New	Phillips 66	$102,281,000	–	1,271,680	–	2.10%	–
CFR	New	Cullen/Frost Bankers Inc	$102,167,000	–	1,286,417	–	2.10%	–
NLSN	New	Nielsen NV	$101,460,000	–	2,095,843	–	2.08%	–
M	New	Macy's Inc	$100,144,000	–	1,726,020	–	2.05%	–
HON	New	Honeywell International Inc	$98,732,000	–	1,062,206	–	2.02%	–
PKG	New	Packaging Corp of America	$98,556,000	–	1,378,598	–	2.02%	–
FIS	New	Fidelity National Information Services Inc	$98,240,000	–	1,794,664	–	2.02%	–
ACE	New	ACE Ltd	$97,930,000	–	944,354	–	2.01%	–
MSI	New	Motorola Solutions Inc	$97,408,000	–	1,463,243	–	2.00%	–
EMC	New	EMC Corp/MA	$97,203,000	–	3,690,315	–	1.99%	–
ACN	New	Accenture PLC	$95,999,000	–	1,187,524	–	1.97%	–
DFS	New	Discover Financial Services	$93,153,000	–	1,502,947	–	1.91%	–
LOW	New	Lowe's Cos Inc	$92,598,000	–	1,929,537	–	1.90%	–
CL	New	Colgate-Palmolive Co	$91,763,000	–	1,345,892	–	1.88%	–
NVO	New	Novo Nordisk A/Sadr	$91,656,000	–	1,984,323	–	1.88%	–
BLK	New	BlackRock Inc	$88,798,000	–	277,841	–	1.82%	–
ITC	New	ITC Holdings Corp	$83,640,000	–	2,292,772	–	1.72%	–
WHR	New	Whirlpool Corp	$83,502,000	–	599,783	–	1.71%	–
MKC	New	McCormick & Co Inc/MD	$83,246,000	–	1,162,810	–	1.71%	–
CAT	New	Caterpillar Inc	$82,266,000	–	757,027	–	1.69%	–
TUP	New	Tupperware Brands Corp	$72,258,000	–	863,296	–	1.48%	–
SCCO	New	Southern Copper Corp	$7,520,000	–	247,605	–	0.15%	–
MMC	New	Marsh & McLennan Cos Inc	$6,318,000	–	121,925	–	0.13%	–
TTE	New	Total SAsponsored adr	$3,729,000	–	51,644	–	0.08%	–
NVS	New	Novartis AGsponsored adr	$3,452,000	–	38,126	–	0.07%	–
WBK	New	Westpac Banking Corpsponsored adr	$3,338,000	–	103,915	–	0.07%	–
TD	New	Toronto-Dominion Bank/The	$2,969,000	–	54,044	–	0.06%	–
LUMN	New	CenturyLink Inc	$2,912,000	–	80,437	–	0.06%	–
WPP	New	WPP PLCadr	$2,897,000	–	26,585	–	0.06%	–
SYT	New	Syngenta AGsponsored adr	$2,494,000	–	33,342	–	0.05%	–
HSBC	New	HSBC Holdings PLCspon adr new	$2,416,000	–	47,561	–	0.05%	–
TS	New	Tenaris SAsponsored adr	$2,405,000	–	50,997	–	0.05%	–
GRFS	New	Grifols SAsp adr rep b nvt	$2,229,000	–	50,599	–	0.05%	–
BHP	New	BHP Billiton Ltdsponsored adr	$2,262,000	–	33,044	–	0.05%	–
VOD	New	Vodafone Group PLCspnsr adr no par	$2,123,000	–	63,582	–	0.04%	–
SNY	New	Sanofisponsored adr	$2,106,000	–	39,612	–	0.04%	–
MUFG	New	Mitsubishi UFJ Financial Group Incsponsored adr	$1,735,000	–	282,042	–	0.04%	–
SAP	New	SAP SEspon adr	$1,569,000	–	20,383	–	0.03%	–

Q4 2013

			Value		Shares		↓ Weighting
GSK	Exit	GlaxoSmithKline PLCsponsored adr	$0	–	-978	–	-0.00%	–
SNY	Exit	Sanofisponsored adr	$0	–	-754	–	-0.00%	–
LO	Exit	Lorillard Inc	$0	–	-14,585	–	-0.02%	–
ABT	Exit	Abbott Laboratories	$0	–	-30,436	–	-0.02%	–
PCAR	Exit	PACCAR Inc	$0	–	-23,413	–	-0.03%	–
CAJ	Exit	Canon Incsponsored adr	$0	–	-42,610	–	-0.03%	–
SAP	Exit	SAP AGspon adr	$0	–	-20,843	–	-0.04%	–
PG	Exit	Procter & Gamble Co/The	$0	–	-20,821	–	-0.04%	–
EMR	Exit	Emerson Electric Co	$0	–	-26,622	–	-0.04%	–
RDSA	Exit	Royal Dutch Shell PLCspons adr a	$0	–	-26,407	–	-0.04%	–
IBM	Exit	International Business Machines Corp	$0	–	-9,815	–	-0.04%	–
MUFG	Exit	Mitsubishi UFJ Financial Group Incsponsored adr	$0	–	-282,042	–	-0.04%	–
NLSN	Exit	Nielsen Holdings NV	$0	–	-52,120	–	-0.04%	–
NYCB	Exit	New York Community Bancorp Inc	$0	–	-127,192	–	-0.05%	–
LUMN	Exit	CenturyLink Inc	$0	–	-66,057	–	-0.05%	–
BHP	Exit	BHP Billiton Ltdsponsored adr	$0	–	-33,044	–	-0.05%	–
PSO	Exit	Pearson PLCsponsored adr	$0	–	-110,553	–	-0.05%	–
MCHP	Exit	Microchip Technology Inc	$0	–	-59,117	–	-0.06%	–
ABC	Exit	AmerisourceBergen Corp	$0	–	-40,029	–	-0.06%	–
TD	Exit	Toronto-Dominion Bank/The	$0	–	-27,907	–	-0.06%	–
TS	Exit	Tenaris SAsponsored adr	$0	–	-56,327	–	-0.06%	–
VOD	Exit	Vodafone Group PLCspons adr new	$0	–	-76,628	–	-0.06%	–
SYT	Exit	Syngenta AGsponsored adr	$0	–	-33,342	–	-0.06%	–
HSBC	Exit	HSBC Holdings PLCspon adr new	$0	–	-49,754	–	-0.06%	–
WPP	Exit	WPP PLCadr	$0	–	-26,585	–	-0.06%	–
EQT	Exit	EQT Corp	$0	–	-32,365	–	-0.07%	–
TTE	Exit	Total SAsponsored adr	$0	–	-51,558	–	-0.07%	–
BMO	Exit	Bank of Montreal	$0	–	-45,622	–	-0.07%	–
ABB	Exit	ABB Ltdsponsored adr	$0	–	-129,687	–	-0.07%	–
NVS	Exit	Novartis AGsponsored adr	$0	–	-40,770	–	-0.07%	–
WBK	Exit	Westpac Banking Corpsponsored adr	$0	–	-107,235	–	-0.08%	–
MMC	Exit	Marsh & McLennan Cos Inc	$0	–	-102,400	–	-0.11%	–
PBCT	Exit	People's United Financial Inc	$0	–	-533,766	–	-0.18%	–
PKG	Exit	Packaging Corp of America	$0	–	-1,103,777	–	-1.49%	–
CAT	Exit	Caterpillar Inc	$0	–	-784,161	–	-1.55%	–
TUP	Exit	Tupperware Brands Corp	$0	–	-758,994	–	-1.55%	–
ITC	Exit	ITC Holdings Corp	$0	–	-772,127	–	-1.72%	–
PSX	Exit	Phillips 66	$0	–	-1,302,534	–	-1.78%	–
BK	Exit	Bank of New York Mellon Corp/The	$0	–	-2,565,520	–	-1.84%	–
MKC	Exit	McCormick & Co Inc/MD	$0	–	-1,203,162	–	-1.84%	–
UNH	Exit	UnitedHealth Group Inc	$0	–	-1,119,646	–	-1.90%	–
SCCO	Exit	Southern Copper Corp	$0	–	-3,012,760	–	-1.94%	–
NEE	Exit	NextEra Energy Inc	$0	–	-1,028,052	–	-1.95%	–
F113PS	Exit	Covidien PLC	$0	–	-1,364,264	–	-1.97%	–
FIS	Exit	Fidelity National Information Services Inc	$0	–	-1,814,407	–	-2.00%	–
BLK	Exit	BlackRock Inc	$0	–	-327,797	–	-2.10%	–
HON	Exit	Honeywell International Inc	$0	–	-1,073,303	–	-2.11%	–
NVO	Exit	Novo Nordisk A/Sadr	$0	–	-529,635	–	-2.12%	–
ACN	Exit	Accenture PLC	$0	–	-1,228,760	–	-2.14%	–
MSI	Exit	Motorola Solutions Inc	$0	–	-1,535,837	–	-2.16%	–
CFR	Exit	Cullen/Frost Bankers Inc	$0	–	-1,375,152	–	-2.30%	–
ETN	Exit	Eaton Corp PLC	$0	–	-1,411,607	–	-2.30%	–
OKE	Exit	ONEOK Inc	$0	–	-1,836,489	–	-2.32%	–
WHR	Exit	Whirlpool Corp	$0	–	-709,968	–	-2.46%	–
ACE	Exit	ACE Ltd	$0	–	-1,114,694	–	-2.47%	–
KMI	Exit	Kinder Morgan Inc/DE	$0	–	-2,957,070	–	-2.49%	–
VFC	Exit	VF Corp	$0	–	-543,554	–	-2.56%	–
YUM	Exit	Yum! Brands Inc	$0	–	-1,521,406	–	-2.57%	–
ABBV	Exit	AbbVie Inc	$0	–	-2,457,949	–	-2.60%	–
MSFT	Exit	Microsoft Corp	$0	–	-3,322,177	–	-2.62%	–
UNP	Exit	Union Pacific Corp	$0	–	-716,193	–	-2.64%	–
AAPL	Exit	Apple Inc	$0	–	-233,896	–	-2.64%	–
LOW	Exit	Lowe's Cos Inc	$0	–	-2,358,846	–	-2.66%	–
KO	Exit	Coca-Cola Co/The	$0	–	-3,047,456	–	-2.73%	–
CVX	Exit	Chevron Corp	$0	–	-1,020,025	–	-2.94%	–
QCOM	Exit	QUALCOMM Inc	$0	–	-1,845,859	–	-2.94%	–
TWC	Exit	Time Warner Cable Inc	$0	–	-1,123,646	–	-2.97%	–
CVS	Exit	CVS Caremark Corp	$0	–	-2,240,154	–	-3.01%	–
PM	Exit	Philip Morris International Inc	$0	–	-1,479,968	–	-3.04%	–
T	Exit	AT&T Inc	$0	–	-3,838,236	–	-3.08%	–
JPM	Exit	JPMorgan Chase & Co	$0	–	-2,546,509	–	-3.12%	–
SDRL	Exit	Seadrill Ltd	$0	–	-2,941,706	–	-3.14%	–
WFC	Exit	Wells Fargo & Co	$0	–	-3,216,481	–	-3.15%	–
PFE	Exit	Pfizer Inc	$0	–	-4,803,559	–	-3.27%	–

Q3 2013

			Value		Shares		↓ Weighting
PFE	Buy	Pfizer Inc	$137,982,232,000	+109531.5%	4,803,559	+6.9%	3.27%	-0.5%
WFC	Buy	Wells Fargo & Co	$132,904,995,000	+109073.9%	3,216,481	+9.0%	3.15%	-0.9%
SDRL	Buy	Seadrill Ltd	$132,612,106,000	+122383.9%	2,941,706	+10.7%	3.14%	+11.2%
JPM	Buy	JPMorgan Chase & Co	$131,629,050,000	+103700.2%	2,546,509	+6.0%	3.12%	-5.7%
T	Buy	AT&T Inc	$129,809,142,000	+122076.8%	3,838,236	+27.9%	3.08%	+11.0%
PM	Buy	Philip Morris International Inc	$128,150,429,000	+128907.0%	1,479,968	+29.1%	3.04%	+17.2%
CVS	Buy	CVS Caremark Corp	$127,128,740,000	+105429.1%	2,240,154	+6.3%	3.01%	-4.2%
TWC	Buy	Time Warner Cable Inc	$125,398,894,000	+104935.6%	1,123,646	+5.9%	2.97%	-4.6%
QCOM	Buy	QUALCOMM Inc	$124,263,228,000	+118054.6%	1,845,859	+7.2%	2.94%	+7.3%
CVX	Buy	Chevron Corp	$123,933,038,000	+111056.7%	1,020,025	+8.3%	2.94%	+1.0%
KO	Buy	Coca-Cola Co/The	$115,437,633,000	+101248.2%	3,047,456	+7.3%	2.73%	-8.0%
LOW	Sell	Lowe's Cos Inc	$112,304,658,000	+108557.0%	2,358,846	-6.7%	2.66%	-1.3%
AAPL	Buy	Apple Inc	$111,509,918,000	+130547.1%	233,896	+8.7%	2.64%	+18.6%
UNP	Buy	Union Pacific Corp	$111,253,421,000	+106780.9%	716,193	+6.2%	2.64%	-2.9%
MSFT	Buy	Microsoft Corp	$110,562,051,000	+102000.9%	3,322,177	+6.0%	2.62%	-7.3%
ABBV	Buy	AbbVie Inc	$109,944,059,000	+114198.8%	2,457,949	+5.6%	2.60%	+3.8%
YUM	Buy	Yum! Brands Inc	$108,613,174,000	+108959.2%	1,521,406	+5.9%	2.57%	-0.9%
VFC	Sell	VF Corp	$108,194,424,000	+90496.1%	543,554	-12.1%	2.56%	-17.7%
KMI	Buy	Kinder Morgan Inc/DE	$105,182,980,000	+126536.5%	2,957,070	+35.8%	2.49%	+15.0%
ACE	Buy	ACE Ltd	$104,290,771,000	+148259.5%	1,114,694	+41.9%	2.47%	+34.8%
WHR	Buy	Whirlpool Corp	$103,967,714,000	+146424.2%	709,968	+14.4%	2.46%	+33.1%
OKE	Buy	ONEOK Inc	$97,921,593,000	+136816.9%	1,836,489	+6.1%	2.32%	+24.3%
ETN	Buy	Eaton Corp PLC	$97,175,026,000	+110840.5%	1,411,607	+6.1%	2.30%	+0.8%
CFR	Buy	Cullen/Frost Bankers Inc	$97,016,974,000	+111776.4%	1,375,152	+5.9%	2.30%	+1.6%
MSI	Buy	Motorola Solutions Inc	$91,198,001,000	+108983.3%	1,535,837	+6.1%	2.16%	-0.9%
ACN	Buy	Accenture PLC	$90,485,886,000	+113140.4%	1,228,760	+10.7%	2.14%	+2.8%
NVO	Buy	Novo Nordisk A/Sadr	$89,624,835,000	+114299.1%	529,635	+4.8%	2.12%	+3.9%
HON	Buy	Honeywell International Inc	$89,127,081,000	+122794.9%	1,073,303	+17.4%	2.11%	+11.6%
BLK	Buy	BlackRock Inc	$88,708,424,000	+110077.6%	327,797	+4.6%	2.10%	+0.0%
FIS	Buy	Fidelity National Information Services Inc	$84,261,061,000	+114681.4%	1,814,407	+5.9%	2.00%	+4.2%
F113PS	Buy	Covidien PLC	$83,138,248,000	+127442.0%	1,364,264	+19.6%	1.97%	+15.8%
NEE	Sell	NextEra Energy Inc	$82,408,648,000	+74490.1%	1,028,052	-24.2%	1.95%	-32.2%
SCCO	Buy	Southern Copper Corp	$82,067,582,000	+105029.9%	3,012,760	+6.6%	1.94%	-4.5%
UNH	New	UnitedHealth Group Inc	$80,177,850,000	–	1,119,646	–	1.90%	–
MKC	Sell	McCormick & Co Inc/MD	$77,844,581,000	+85066.3%	1,203,162	-7.4%	1.84%	-22.7%
BK	New	Bank of New York Mellon Corp/The	$77,453,049,000	–	2,565,520	–	1.84%	–
PSX	Buy	Phillips 66	$75,312,516,000	+104291.9%	1,302,534	+6.4%	1.78%	-5.2%
ITC	Buy	ITC Holdings Corp	$72,471,840,000	+109129.9%	772,127	+6.3%	1.72%	-0.8%
TUP	Buy	Tupperware Brands Corp	$65,554,312,000	+191741.9%	758,994	+72.6%	1.55%	+74.3%
CAT	Buy	Caterpillar Inc	$65,399,027,000	+107277.0%	784,161	+6.2%	1.55%	-2.5%
PKG	Buy	Packaging Corp of America	$63,014,629,000	+185166.3%	1,103,777	+58.9%	1.49%	+68.3%
PBCT	Buy	People's United Financial Inc	$7,675,555,000	+102186.2%	533,766	+6.0%	0.18%	-7.1%
MMC	New	Marsh & McLennan Cos Inc	$4,459,520,000	–	102,400	–	0.11%	–
WBK	Buy	Westpac Banking Corpsponsored adr	$3,288,897,000	+116156.5%	107,235	+400.0%	0.08%	+5.4%
BMO	Buy	Bank of Montreal	$3,048,462,000	+132846.4%	45,622	+15.5%	0.07%	+20.0%
TTE	Buy	Total SAsponsored adr	$2,986,239,000	+176287.4%	51,558	+48.3%	0.07%	+61.4%
EQT	Sell	EQT Corp	$2,871,423,000	+110723.0%	32,365	-0.9%	0.07%	0.0%
WPP	Sell	WPP PLCadr	$2,736,660,000	+92794.1%	26,585	-22.9%	0.06%	-15.6%
SYT	Sell	Syngenta AGsponsored adr	$2,710,705,000	+79532.9%	33,342	-23.7%	0.06%	-28.1%
TD	Buy	Toronto-Dominion Bank/The	$2,511,072,000	+112453.7%	27,907	+0.5%	0.06%	+1.7%
MCHP	Sell	Microchip Technology Inc	$2,381,824,000	+26608.1%	59,117	-75.3%	0.06%	-76.0%
LUMN	Buy	CenturyLink Inc	$2,072,869,000	+102415.8%	66,057	+15.5%	0.05%	-7.5%
NYCB	Sell	New York Community Bancorp Inc	$1,921,871,000	+22542.2%	127,192	-79.0%	0.05%	-79.2%
NLSN	New	Nielsen Holdings NV	$1,899,774,000	–	52,120	–	0.04%	–
MUFG	New	Mitsubishi UFJ Financial Group Incsponsored adr	$1,807,889,000	–	282,042	–	0.04%	–
IBM	Sell	International Business Machines Corp	$1,817,542,000	+1897.5%	9,815	-97.9%	0.04%	-98.2%
EMR	Sell	Emerson Electric Co	$1,722,443,000	+24950.1%	26,622	-78.9%	0.04%	-77.1%
RDSA	Sell	Royal Dutch Shell PLCspons adr a	$1,734,412,000	+21997.2%	26,407	-78.5%	0.04%	-80.0%
PCAR	Sell	PACCAR Inc	$1,303,168,000	+18272.6%	23,413	-82.3%	0.03%	-83.2%
ABT	Sell	Abbott Laboratories	$1,010,171,000	+68900.8%	30,436	-27.5%	0.02%	-36.8%
LO	Sell	Lorillard Inc	$653,116,000	+467.6%	14,585	-99.4%	0.02%	-99.5%
GSK	New	GlaxoSmithKline PLCsponsored adr	$49,066,000	–	978	–	0.00%	–
SNY	New	Sanofisponsored adr	$38,175,000	–	754	–	0.00%	–
SPY	Exit	SPDR S&P 500 ETF Trusttr unit	$0	–	-2,261	–	-0.01%	–
FMS	Exit	Fresenius Medical Care AG & Co KGaAsponsored adr	$0	–	-49,640	–	-0.05%	–
KUBTY	Exit	Kubota Corpadr	$0	–	-24,529	–	-0.05%	–
PPL	Exit	PPL Corp	$0	–	-68,255	–	-0.05%	–
LEG	Exit	Leggett & Platt Inc	$0	–	-145,200	–	-0.12%	–

Q2 2013

			Value		Shares		↓ Weighting
JPM	New	JPMorgan Chase & Co	$126,810,000	–	2,402,163	–	3.31%	–
PFE	New	Pfizer Inc	$125,860,000	–	4,493,395	–	3.28%	–
WFC	New	Wells Fargo & Co	$121,737,000	–	2,949,764	–	3.18%	–
CVS	New	CVS Caremark Corp	$120,468,000	–	2,106,823	–	3.14%	–
VFC	New	VF Corp	$119,425,000	–	618,592	–	3.12%	–
TWC	New	Time Warner Cable Inc	$119,387,000	–	1,061,409	–	3.11%	–
LO	New	Lorillard Inc	$115,075,000	–	2,634,498	–	3.00%	–
KO	New	Coca-Cola Co/The	$113,902,000	–	2,839,733	–	2.97%	–
CVX	New	Chevron Corp	$111,494,000	–	942,153	–	2.91%	–
NEE	New	NextEra Energy Inc	$110,482,000	–	1,355,943	–	2.88%	–
SDRL	New	Seadrill Ltd	$108,269,000	–	2,657,570	–	2.82%	–
MSFT	New	Microsoft Corp	$108,287,000	–	3,134,672	–	2.82%	–
T	New	AT&T Inc	$106,247,000	–	3,001,341	–	2.77%	–
QCOM	New	QUALCOMM Inc	$105,170,000	–	1,721,556	–	2.74%	–
UNP	New	Union Pacific Corp	$104,091,000	–	674,688	–	2.72%	–
LOW	New	Lowe's Cos Inc	$103,357,000	–	2,527,055	–	2.70%	–
YUM	New	Yum! Brands Inc	$99,591,000	–	1,436,271	–	2.60%	–
PM	New	Philip Morris International Inc	$99,336,000	–	1,146,807	–	2.59%	–
ABBV	New	AbbVie Inc	$96,190,000	–	2,326,814	–	2.51%	–
MKC	New	McCormick & Co Inc/MD	$91,403,000	–	1,299,083	–	2.38%	–
IBM	New	International Business Machines Corp	$90,992,000	–	476,126	–	2.37%	–
ETN	New	Eaton Corp PLC	$87,592,000	–	1,330,989	–	2.28%	–
CFR	New	Cullen/Frost Bankers Inc	$86,718,000	–	1,298,752	–	2.26%	–
AAPL	New	Apple Inc	$85,352,000	–	215,248	–	2.23%	–
MSI	New	Motorola Solutions Inc	$83,604,000	–	1,448,183	–	2.18%	–
KMI	New	Kinder Morgan Inc/DE	$83,059,000	–	2,177,175	–	2.17%	–
BLK	New	BlackRock Inc	$80,514,000	–	313,468	–	2.10%	–
ACN	New	Accenture PLC	$79,906,000	–	1,110,416	–	2.08%	–
NVO	New	Novo Nordisk A/Sadr	$78,344,000	–	505,541	–	2.04%	–
SCCO	New	Southern Copper Corp	$78,063,000	–	2,826,322	–	2.04%	–
FIS	New	Fidelity National Information Services Inc	$73,410,000	–	1,713,589	–	1.92%	–
HON	New	Honeywell International Inc	$72,523,000	–	914,083	–	1.89%	–
PSX	New	Phillips 66	$72,144,000	–	1,224,646	–	1.88%	–
OKE	New	ONEOK Inc	$71,519,000	–	1,731,282	–	1.86%	–
WHR	New	Whirlpool Corp	$70,956,000	–	620,466	–	1.85%	–
ACE	New	ACE Ltd	$70,296,000	–	785,602	–	1.83%	–
ITC	New	ITC Holdings Corp	$66,348,000	–	726,699	–	1.73%	–
F113PS	New	Covidien PLC	$65,185,000	–	1,140,372	–	1.70%	–
CAT	New	Caterpillar Inc	$60,906,000	–	738,350	–	1.59%	–
TUP	New	Tupperware Brands Corp	$34,171,000	–	439,835	–	0.89%	–
PKG	New	Packaging Corp of America	$34,013,000	–	694,704	–	0.89%	–
MCHP	New	Microchip Technology Inc	$8,918,000	–	239,408	–	0.23%	–
NYCB	New	New York Community Bancorp Inc	$8,488,000	–	606,257	–	0.22%	–
RDSA	New	Royal Dutch Shell PLCspons adr a	$7,849,000	–	123,030	–	0.20%	–
PBCT	New	People's United Financial Inc	$7,504,000	–	503,635	–	0.20%	–
PCAR	New	PACCAR Inc	$7,093,000	–	132,190	–	0.18%	–
EMR	New	Emerson Electric Co	$6,876,000	–	126,076	–	0.18%	–
LEG	New	Leggett & Platt Inc	$4,514,000	–	145,200	–	0.12%	–
SYT	New	Syngenta AGsponsored adr	$3,404,000	–	43,718	–	0.09%	–
WPP	New	WPP PLCadr	$2,946,000	–	34,497	–	0.08%	–
NVS	New	Novartis AGsponsored adr	$2,883,000	–	40,770	–	0.08%	–
WBK	New	Westpac Banking Corpsponsored adr	$2,829,000	–	21,447	–	0.07%	–
ABB	New	ABB Ltdsponsored adr	$2,809,000	–	129,687	–	0.07%	–
EQT	New	EQT Corp	$2,591,000	–	32,644	–	0.07%	–
HSBC	New	HSBC Holdings PLCspon adr new	$2,582,000	–	49,754	–	0.07%	–
BMO	New	Bank of Montreal	$2,293,000	–	39,516	–	0.06%	–
TS	New	Tenaris SAsponsored adr	$2,268,000	–	56,327	–	0.06%	–
TD	New	Toronto-Dominion Bank/The	$2,231,000	–	27,757	–	0.06%	–
ABC	New	AmerisourceBergen Corp	$2,235,000	–	40,029	–	0.06%	–
VOD	New	Vodafone Group PLCspons adr new	$2,203,000	–	76,628	–	0.06%	–
PPL	New	PPL Corp	$2,065,000	–	68,255	–	0.05%	–
LUMN	New	CenturyLink Inc	$2,022,000	–	57,210	–	0.05%	–
PSO	New	Pearson PLCsponsored adr	$1,980,000	–	110,553	–	0.05%	–
BHP	New	BHP Billiton Ltdsponsored adr	$1,905,000	–	33,044	–	0.05%	–
KUBTY	New	Kubota Corpadr	$1,785,000	–	24,529	–	0.05%	–
FMS	New	Fresenius Medical Care AG & Co KGaAsponsored adr	$1,751,000	–	49,640	–	0.05%	–
TTE	New	Total SAsponsored adr	$1,693,000	–	34,767	–	0.04%	–
PG	New	Procter & Gamble Co/The	$1,603,000	–	20,821	–	0.04%	–
SAP	New	SAP AGspon adr	$1,518,000	–	20,843	–	0.04%	–
ABT	New	Abbott Laboratories	$1,464,000	–	41,971	–	0.04%	–
CAJ	New	Canon Incsponsored adr	$1,401,000	–	42,610	–	0.04%	–
SPY	New	SPDR S&P 500 ETF Trusttr unit	$363,000	–	2,261	–	0.01%	–

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