Piedmont Investment Advisors 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M CO COM	Common	88579Y101	74,893	534	SH		DFND	0	0	534	0
A.O. SMITH CORP.	Common	831865209	1,132	21	SH		DFND	0	0	21	0
ABBOTT LABS COM	Common	002824100	4,820,380	125,760	SH		DFND	0	0	125,760	0
ABBVIE INC	Common	00287Y109	3,331,782	63,090	SH		DFND	0	0	63,090	0
ACCENTURE PLC IRELAND SHS CLASS A	Common	G1151C101	95,210	1,158	SH		DFND	0	0	1,158	0
ACTIVISION BLIZZARD INC.	Common	00507V109	4,065	228	SH		DFND	0	0	228	0
ADT CORPORATION	Common	00101J106	1,284,315	31,735	SH		DFND	0	0	31,735	0
AECOM TECHNOLOGY CORP.	Common	00766T100	3,355	114	SH		DFND	0	0	114	0
AES CORP COM	Common	00130H105	1,496,808	103,157	SH		DFND	0	0	103,157	0
AETNA INC NEW COM	Common	00817Y108	3,347,260	48,801	SH		DFND	0	0	48,801	0
AFLAC INC COM	Common	001055102	1,206,474	18,061	SH		DFND	0	0	18,061	0
AGILENT TECHNOLOGIES COM	Common	00846U101	1,045,261	18,277	SH		DFND	0	0	18,277	0
AGL RESOURCES INC	Common	001204106	3,249,140	68,794	SH		DFND	0	0	68,794	0
ALCOA INC COM	Common	013817101	23,696,576	2,229,217	SH		DFND	0	0	2,229,217	0
ALLEGION	Common	G0176J109	382,287	8,651	SH		DFND	0	0	8,651	0
ALLSTATE CORP COM	Common	020002101	46,326,003	849,395	SH		DFND	0	0	849,395	0
ALTRIA GROUP INC COM	Common	02209S103	4,533,398	118,088	SH		DFND	0	0	118,088	0
AMAZON COM INC COM	Common	023135106	39,746,601	99,668	SH		DFND	0	0	99,668	0
AMERCO	Common	023586100	4,281	18	SH		DFND	0	0	18	0
AMERICAN CAPITAL AGENCY CORP	Common	02503X105	1,504	78	SH		DFND	0	0	78	0
American Capital Mortgage Inc	Common	02504A104	3,422	196	SH		DFND	0	0	196	0
AMERICAN EQTY INVT LIFE HLD CO COM	Common	025676206	2,638	100	SH		DFND	0	0	100	0
AMERICAN EXPRESS CO COM	Common	025816109	1,257,154	13,856	SH		DFND	0	0	13,856	0
AMERICAN INTL GROUP INC COM NEW	Common	026874784	46,400,110	908,915	SH		DFND	0	0	908,915	0
AMGEN INC COM	Common	031162100	44,148	387	SH		DFND	0	0	387	0
ANNTAYLOR STORES CORP.	Common	035623107	3,071	84	SH		DFND	0	0	84	0
APARTMENT INVT & MGMT CL A	Common	03748R101	2,386,570	92,110	SH		DFND	0	0	92,110	0
APPLE INC COM	Common	037833100	69,542,356	123,957	SH		DFND	0	0	123,957	0
ARCHER DANIELS MIDLAND CO COM	Common	039483102	1,108,870	25,550	SH		DFND	0	0	25,550	0
ARES CAPITAL CORP.	Common	04010L103	817	46	SH		DFND	0	0	46	0
ARROW ELECTRS INC COM	Common	042735100	4,611	85	SH		DFND	0	0	85	0
AT&T INC COM	Common	00206R102	12,552	357	SH		DFND	0	0	357	0
ATMOS ENERGY CORP.	Common	049560105	1,135	25	SH		DFND	0	0	25	0
AUTOMATIC DATA PROCESS COM	Common	053015103	71,345	883	SH		DFND	0	0	883	0
AXIS CAPITAL HOLDINGS LTD.	Common	G0692U109	1,902	40	SH		DFND	0	0	40	0
BAKER HUGHES INC COM	Common	057224107	3,515,751	63,622	SH		DFND	0	0	63,622	0
BALLY TECHNOLOGIES INC.	Common	05874B107	4,314	55	SH		DFND	0	0	55	0
BANK OF AMERICA CORPORATION COM	Common	060505104	2,938,619	188,736	SH		DFND	0	0	188,736	0
BANK OF NEW YORK MELLON CORP COM	Common	064058100	2,206,915	63,163	SH		DFND	0	0	63,163	0
BARNES & NOBLE INC.	Common	067774109	867	58	SH		DFND	0	0	58	0
BAXTER INTL INC COM	Common	071813109	49,867	717	SH		DFND	0	0	717	0
BB&T CORP	Common	054937107	28,399,325	760,968	SH		DFND	0	0	760,968	0
BEST BUY INC COM	Common	086516101	25,842	648	SH		DFND	0	0	648	0
BIOGEN IDEC INC COM	Common	09062X103	41,608,141	148,828	SH		DFND	0	0	148,828	0
BLOCK H & R INC COM	Common	093671105	71,641	2,467	SH		DFND	0	0	2,467	0
BLUCORA INC COM	Common	095229100	2,420	83	SH		DFND	0	0	83	0
BOEING CO COM	Common	097023105	32,738,900	239,863	SH		DFND	0	0	239,863	0
BRISTOL MYERS SQUIBB CO COM	Common	110122108	150,414	2,830	SH		DFND	0	0	2,830	0
BROCADE COMMUNICATION SYSTEMS INC	Common	111621306	1,586	179	SH		DFND	0	0	179	0
BRUKER CORP COM	Common	116794108	3,696	187	SH		DFND	0	0	187	0
CA INC COM	Common	12673P105	4,116,539	122,334	SH		DFND	0	0	122,334	0
CABELA'S INC	Common	126804301	466	7	SH		DFND	0	0	7	0
CADENCE DESIGN SYSTEMS INC.	Common	127387108	5,944	424	SH		DFND	0	0	424	0
CALIFORNIA WATER SERVICE GROUP	Common	130788102	2,491	108	SH		DFND	0	0	108	0
CAMERON INTERNATIONAL CORP COM	Common	13342B105	1,165,716	19,582	SH		DFND	0	0	19,582	0
CAPITAL ONE FINL CORP COM	Common	14040H105	50,819,549	663,354	SH		DFND	0	0	663,354	0
CBOE HOLDINGS INC	Common	12503M108	4,260	82	SH		DFND	0	0	82	0
CBRE Group Inc	Common	12504L109	2,192,920	83,381	SH		DFND	0	0	83,381	0
CBS CORP NEW CL B	Common	124857202	41,379,370	649,190	SH		DFND	0	0	649,190	0
CENTENE CORP	Common	15135B101	2,711	46	SH		DFND	0	0	46	0
CF INDS HLDGS INC COM	Common	125269100	3,278,406	14,068	SH		DFND	0	0	14,068	0
CHATHAM LODGING TR COM	Common	16208T102	2,392	117	SH		DFND	0	0	117	0
CHESAPEAKE LODGING TR SH BEN INT	Common	165240102	4,147	164	SH		DFND	0	0	164	0
CHEVRON CORP NEW COM	Common	166764100	8,461,403	67,740	SH		DFND	0	0	67,740	0
CIGNA CORP COM	Common	125509109	1,472,638	16,834	SH		DFND	0	0	16,834	0
CISCO SYS INC COM	Common	17275R102	3,050,188	135,987	SH		DFND	0	0	135,987	0
CITIGROUP INC COM	Common	172967424	53,212,282	1,021,153	SH		DFND	0	0	1,021,153	0
CLIFFS NATURAL RESOURCES INC COM	Common	18683K101	4,586	175	SH		DFND	0	0	175	0
COCA COLA CO COM	Common	191216100	176,682	4,277	SH		DFND	0	0	4,277	0
COMCAST CORP NEW CL A	Common	20030N101	5,462,249	105,114	SH		DFND	0	0	105,114	0
COMPUTER SCIENCES CORP COM	Common	205363104	27,067,713	484,390	SH		DFND	0	0	484,390	0
CONSTELLATION BRANDS CL A	Common	21036P108	2,015,049	28,631	SH		DFND	0	0	28,631	0
CORPORATE EXECUTIVE BOARD CO	Common	21988R102	1,858	24	SH		DFND	0	0	24	0
CORPORATE OFFICE PPTS TR	Common	22002T108	473	20	SH		DFND	0	0	20	0
COVANCE INC.	Common	222816100	6,076	69	SH		DFND	0	0	69	0
CSX CORP COM	Common	126408103	1,284,580	44,650	SH		DFND	0	0	44,650	0
CVR ENERGY INC.	Common	12662P108	217	5	SH		DFND	0	0	5	0
CVS CAREMARK CORPORATION COM	Common	126650100	50,486,050	705,408	SH		DFND	0	0	705,408	0
D R HORTON INC COM	Common	23331A109	34,302,804	1,536,864	SH		DFND	0	0	1,536,864	0
DEERE & CO COM	Common	244199105	4,822,224	52,800	SH		DFND	0	0	52,800	0
DELTA AIR LINES DEL COM	Common	247361702	1,293,672	47,094	SH		DFND	0	0	47,094	0
DISCOVER FINL SVCS COM	Common	254709108	2,200,625	39,332	SH		DFND	0	0	39,332	0
DISNEY WALT CO COM DISNEY	Common	254687106	1,291,924	16,910	SH		DFND	0	0	16,910	0
DOMTAR CORP COM NEW	Common	257559203	1,981	21	SH		DFND	0	0	21	0
DOUGLAS EMMETT INC.	Common	25960P109	1,443	62	SH		DFND	0	0	62	0
DOVER CORP COM	Common	260003108	1,611,542	16,693	SH		DFND	0	0	16,693	0
DR PEPPER SNAPPLE GROUP INC COM	Common	26138E109	3,990,411	81,905	SH		DFND	0	0	81,905	0
DRIL-QUIP INC COM	Common	262037104	1,648	15	SH		DFND	0	0	15	0
DST SYS INC DEL COM	Common	233326107	2,449	27	SH		DFND	0	0	27	0
DUKE ENERGY CORP NEW COM NEW	Common	26441C204	30,408,842	440,644	SH		DFND	0	0	440,644	0
E M C CORP MASS COM	Common	268648102	4,313,702	171,519	SH		DFND	0	0	171,519	0
E TRADE FINANCIAL CORP COM	Common	269246401	3,279	167	SH		DFND	0	0	167	0
EDISON INTL COM	Common	281020107	3,795,766	81,982	SH		DFND	0	0	81,982	0
ELECTRONIC ARTS INC COM	Common	285512109	550	24	SH		DFND	0	0	24	0
ELECTRONICS FOR IMAGING INC.	Common	286082102	6,816	176	SH		DFND	0	0	176	0
EMERSON ELEC CO COM	Common	291011104	71,022	1,012	SH		DFND	0	0	1,012	0
ENDO HEALTH SOLUTIONS INC	Common	29264F205	6,746	100	SH		DFND	0	0	100	0
ENTERGY CORP NEW COM	Common	29364G103	2,460,064	38,882	SH		DFND	0	0	38,882	0
EVEREST REINSURANCE GROUP LIMITED	Common	G3223R108	2,026	13	SH		DFND	0	0	13	0
EXTRA SPACE STORAGE INC.	Common	30225T102	1,558	37	SH		DFND	0	0	37	0
EXTREME NETWORKS INC.	Common	30226D106	2,436	349	SH		DFND	0	0	349	0
EXXON MOBIL CORP COM	Common	30231G102	11,182,498	110,499	SH		DFND	0	0	110,499	0
FACEBOOK, INC	Common	30303M102	29,261,916	535,452	SH		DFND	0	0	535,452	0
FEDERAL SIGNAL CORP.	Common	313855108	2,387	163	SH		DFND	0	0	163	0
FIFTH THIRD BANCORP COM	Common	316773100	2,088,321	99,302	SH		DFND	0	0	99,302	0
FINANCIAL ENGINES INC COM	Common	317485100	2,640	38	SH		DFND	0	0	38	0
FIRST COMMONWEALTH FINANCIAL CORP. (PENNSY	Common	319829107	2,416	274	SH		DFND	0	0	274	0
FIRST NIAGARA FINCL GROUP INC	Common	33582V108	1,019	96	SH		DFND	0	0	96	0
FIRST SOLAR INC.	Common	336433107	25,626	469	SH		DFND	0	0	469	0
FLUOR CORP NEW COM	Common	343412102	29,983,818	373,444	SH		DFND	0	0	373,444	0
FNB CORP PA COM	Common	302520101	2,561	203	SH		DFND	0	0	203	0
FOOT LOCKER INC COM	Common	344849104	1,906	46	SH		DFND	0	0	46	0
FORD MTR CO DEL COM PAR $0.01	Common	345370860	6,073,896	393,642	SH		DFND	0	0	393,642	0
FOREST LABS INC COM	Common	345838106	56,608	943	SH		DFND	0	0	943	0
FORTUNE BRANDS HOME&SECURITY	Common	34964C106	23,439,027	512,889	SH		DFND	0	0	512,889	0
FREEPORT-MCMORAN COPPER & GOLD COM	Common	35671D857	1,531,413	40,578	SH		DFND	0	0	40,578	0
GAMESTOP CORP NEW CL A	Common	36467W109	1,409,033	28,604	SH		DFND	0	0	28,604	0
GANNETT INC COM	Common	364730101	57,621	1,948	SH		DFND	0	0	1,948	0
GAP INC DEL COM	Common	364760108	1,708,186	43,710	SH		DFND	0	0	43,710	0
GARMIN LTD.	Common	H2906T109	40,970	887	SH		DFND	0	0	887	0
GENERAL DYNAMICS CORP COM	Common	369550108	47,297	495	SH		DFND	0	0	495	0
GENERAL MLS INC COM	Common	370334104	38,721,625	775,829	SH		DFND	0	0	775,829	0
GENERAL MTRS CORP COM	Common	37045V100	22,241,004	544,189	SH		DFND	0	0	544,189	0
GENTEX CORP	Common	371901109	7,156	217	SH		DFND	0	0	217	0
GENUINE PARTS CO	Common	372460105	58,399	702	SH		DFND	0	0	702	0
GENWORTH FINL INC COM CL A	Common	37247D106	1,318,000	84,868	SH		DFND	0	0	84,868	0
GIBRALTOR INDUSTRIES INC	Common	374689107	1,022	55	SH		DFND	0	0	55	0
GOLDMAN SACHS GROUP INC COM	Common	38141G104	2,912,736	16,432	SH		DFND	0	0	16,432	0
GOODYEAR TIRE	Common	382550101	2,146	90	SH		DFND	0	0	90	0
GOOGLE INC CL A	Common	38259P508	49,490,553	44,160	SH		DFND	0	0	44,160	0
GRAND CANYON EDUCATION INC.	Common	38526M106	2,485	57	SH		DFND	0	0	57	0
GREEN MOUNTAIN COFFEE ROASTERS INC.	Common	393122106	1,133	15	SH		DFND	0	0	15	0
GREENBRIER COMPANY	Common	393657101	2,430	74	SH		DFND	0	0	74	0
GUESS? INC.	Common	401617105	3,790	122	SH		DFND	0	0	122	0
HALLIBURTON CO COM	Common	406216101	29,109,438	573,585	SH		DFND	0	0	573,585	0
HARTFORD FINL SVCS GROUP INC COM	Common	416515104	2,244,049	61,939	SH		DFND	0	0	61,939	0
HASBRO INC	Common	418056107	135,269	2,459	SH		DFND	0	0	2,459	0
HEALTHSOUTH CORP.	Common	421924309	4,065	122	SH		DFND	0	0	122	0
HECLA MINING CO	Common	422704106	1,540	500	SH		DFND	0	0	500	0
HELMERICH & PAYNE INC	Common	423452101	3,718,269	44,223	SH		DFND	0	0	44,223	0
HESS CORP COM	Common	42809H107	41,607,070	501,290	SH		DFND	0	0	501,290	0
HFF INC CL A	Common	40418F108	2,470	92	SH		DFND	0	0	92	0
HILLSHIRE BRANDS CO	Common	432589109	1,571	47	SH		DFND	0	0	47	0
HOLLY FRONTIER CORP	Common	436106108	3,975	80	SH		DFND	0	0	80	0
HOME DEPOT INC COM	Common	437076102	5,009,730	60,842	SH		DFND	0	0	60,842	0
HOME LN SERVICING SOLUTIONS LT ORD SHS	Common	G6648D109	2,618	114	SH		DFND	0	0	114	0
HOME PROPERTIES INC.	Common	437306103	2,091	39	SH		DFND	0	0	39	0
HOST HOTEL & RESORT INC	Common	44107P104	3,015,804	155,134	SH		DFND	0	0	155,134	0
HUMANA INC COM	Common	444859102	2,323,275	22,508	SH		DFND	0	0	22,508	0
HUNTINGTON BANCSHARES INC	Common	446150104	1,577,253	163,446	SH		DFND	0	0	163,446	0
IAC/INTERACTIVECORP.	Common	44919P508	2,746	40	SH		DFND	0	0	40	0
ILLINOIS TOOL WKS INC COM	Common	452308109	103,754	1,234	SH		DFND	0	0	1,234	0
IMPAX LABORATORIES INC	Common	45256B101	3,846	153	SH		DFND	0	0	153	0
INGERSOLL-RAND	Common	G47791101	1,567,350	25,444	SH		DFND	0	0	25,444	0
INSIGHT ENTERPRISES INC	Common	45765U103	2,384	105	SH		DFND	0	0	105	0
INTEL CORP COM	Common	458140100	2,006,295	77,299	SH		DFND	0	0	77,299	0
INTERNATIONAL BUSINESS MACHS COM	Common	459200101	3,210,823	17,118	SH		DFND	0	0	17,118	0
INTERNATIONAL GAME TEC COM	Common	459902102	3,214,483	177,009	SH		DFND	0	0	177,009	0
INTERVAL LEISURE GROUP INC.	Common	46113M108	2,379	77	SH		DFND	0	0	77	0
INTL PAPER CO COM	Common	460146103	1,149,753	23,450	SH		DFND	0	0	23,450	0
INVESCO MORTGAGE CAPITAL INC.	Common	46131B100	2,011	137	SH		DFND	0	0	137	0
IPC THE HOSPITALIST CO. INC.	Common	44984A105	2,434	41	SH		DFND	0	0	41	0
ISHARES BARCLAYS MBS BOND	Common	464288588	2,807,704	26,850	SH		DFND	0	0	26,850	0
ISHARES FLOATING	Common	46429B655	10,144	200	SH		DFND	0	0	200	0
ISHARES INTERM CR BD ETF	Common	464288638	25,891	240	SH		DFND	0	0	240	0
ISHARES INTERMEDIATE	Common	464288612	82,065	750	SH		DFND	0	0	750	0
J2 GLOBAL COMMUNICATIONS	Common	46626E205	1,850	37	SH		DFND	0	0	37	0
JACK HENRY & ASSOCIATES INC.	Common	426281101	4,736	80	SH		DFND	0	0	80	0
JACOBS ENGR GROUP DEL COM	Common	469814107	1,576,954	25,035	SH		DFND	0	0	25,035	0
JOHNSON & JOHNSON COM	Common	478160104	8,387,903	91,581	SH		DFND	0	0	91,581	0
JPMORGAN CHASE & CO COM	Common	46625H100	6,396,133	109,373	SH		DFND	0	0	109,373	0
KEYCORP NEW COM	Common	493267108	1,331,143	99,191	SH		DFND	0	0	99,191	0
KIMBERLY CLARK CORP COM	Common	494368103	1,559,274	14,927	SH		DFND	0	0	14,927	0
KOHLS CORP COM	Common	500255104	57,204	1,008	SH		DFND	0	0	1,008	0
KROGER CO COM	Common	501044101	3,465,555	87,669	SH		DFND	0	0	87,669	0
L-3 COMMUNICATIONS HLDGS INC COM	Common	502424104	3,987,374	37,314	SH		DFND	0	0	37,314	0
LA Z BOY INC COM	Common	505336107	7,006	226	SH		DFND	0	0	226	0
LACLEDE GROUP INC.	Common	505597104	865	19	SH		DFND	0	0	19	0
LAM RESEARCH CORP COM	Common	512807108	26,853,651	493,180	SH		DFND	0	0	493,180	0
LANNETT CO. INC.	Common	516012101	2,416	73	SH		DFND	0	0	73	0
LEGGETT & PLATT INC	Common	524660107	85,054	2,749	SH		DFND	0	0	2,749	0
LENNOX INTERNATIONAL INC.	Common	526107107	595	7	SH		DFND	0	0	7	0
LIFE TECHNOLOGIES CORP COM	Common	53217V109	42,978	567	SH		DFND	0	0	567	0
LILLY ELI & CO COM	Common	532457108	4,992,900	97,900	SH		DFND	0	0	97,900	0
LINCOLN NATIONAL CORP	Common	534187109	1,290	25	SH		DFND	0	0	25	0
LIONS GATE ENTMNT CORP COM NEW	Common	535919203	1,424	45	SH		DFND	0	0	45	0
LOCKHEED MARTIN CORP COM	Common	539830109	72,694	489	SH		DFND	0	0	489	0
LORILLARD INC COM	Common	544147101	3,731,010	73,619	SH		DFND	0	0	73,619	0
LOWES COS INC COM	Common	548661107	2,540,081	51,263	SH		DFND	0	0	51,263	0
LYONDELLBASELL INDUSTRIES	Common	N53745100	34,628,216	431,343	SH		DFND	0	0	431,343	0
MANHATTAN ASSOCIATES INC.	Common	562750109	2,467	21	SH		DFND	0	0	21	0
MARATHON OIL CORP COM	Common	565849106	36,612,559	1,037,183	SH		DFND	0	0	1,037,183	0
MARATHON PETROLEUM CORP	Common	56585A102	28,619	312	SH		DFND	0	0	312	0
Marriott Vacations Worldwide	Common	57164Y107	1,793	34	SH		DFND	0	0	34	0
MARSH & MCLENNAN COS COM	Common	571748102	69,299	1,433	SH		DFND	0	0	1,433	0
MARVELL TECHNOLOGY GROUP LTD ORD	Common	G5876H105	359	25	SH		DFND	0	0	25	0
MASTERCARD INC CL A	Common	57636Q104	26,486,588	31,703	SH		DFND	0	0	31,703	0
MCDONALDS CORP COM	Common	580135101	76,847	792	SH		DFND	0	0	792	0
MCKESSON CORP COM	Common	58155Q103	43,093	267	SH		DFND	0	0	267	0
MDU RESOURCES GROUP INC.	Common	552690109	1,771	58	SH		DFND	0	0	58	0
MEDTRONIC INC COM	Common	585055106	1,611,970	28,088	SH		DFND	0	0	28,088	0
MERCK & CO INC NEW COM	Common	58933Y105	1,240,589	24,787	SH		DFND	0	0	24,787	0
Meritor Inc	Common	59001K100	667	64	SH		DFND	0	0	64	0
METTLER TOLEDO INTERNATIONAL COM	Common	592688105	1,212	5	SH		DFND	0	0	5	0
MGM MIRAGE	Common	552953101	2,116	90	SH		DFND	0	0	90	0
MICHAEL KORS	Common	G60754101	2,029	25	SH		DFND	0	0	25	0
MICRON TECHNOLOGY INC COM	Common	595112103	565	26	SH		DFND	0	0	26	0
MICROSOFT CORP COM	Common	594918104	9,894,159	264,479	SH		DFND	0	0	264,479	0
MICROSTRATEGY INC	Common	594972408	2,484	20	SH		DFND	0	0	20	0
MINE SAFETY APPLICANCES COMPANY	Common	602720104	2,509	49	SH		DFND	0	0	49	0
MOLSON COORS BREWING CO CL B	Common	60871R209	3,116,942	55,511	SH		DFND	0	0	55,511	0
MONSANTO CO	Common	61166W101	4,159,669	35,690	SH		DFND	0	0	35,690	0
MONTPELIER RE HOLDINGS LTD.	Common	G62185106	6,663	229	SH		DFND	0	0	229	0
MORGAN STANLEY COM NEW	Common	617446448	1,196,572	38,156	SH		DFND	0	0	38,156	0
MUELLER WATER PRODUCTS INC.	Common	624758108	4,694	501	SH		DFND	0	0	501	0
MURPHY OIL CORP COM	Common	626717102	1,523,382	23,480	SH		DFND	0	0	23,480	0
MYLAN INC COM	Common	628530107	39,213,419	903,535	SH		DFND	0	0	903,535	0
MYRIAD GENETICS INC	Common	62855J104	2,370	113	SH		DFND	0	0	113	0
NATIONAL FUEL GAS CO.	Common	636180101	6,069	85	SH		DFND	0	0	85	0
NATIONAL OILWELL VARCO INC COM	Common	637071101	1,740,832	21,889	SH		DFND	0	0	21,889	0
NETWORK APPLIANCE INC COM	Common	64110D104	67,099	1,631	SH		DFND	0	0	1,631	0
NEW JERSEY RESOURCES CORP	Common	646025106	6,751	146	SH		DFND	0	0	146	0
NEWELL RUBBERMAID INC COM	Common	651229106	42,586	1,314	SH		DFND	0	0	1,314	0
NIKE INC CL B	Common	654106103	48,599	618	SH		DFND	0	0	618	0
NORTEK INC COM NEW	Common	656559309	2,461	33	SH		DFND	0	0	33	0
NORTHROP GRUMMAN CORP COM	Common	666807102	4,671,847	40,763	SH		DFND	0	0	40,763	0
NU SKIN ENTERPRISE INC	Common	67018T105	1,935	14	SH		DFND	0	0	14	0
NVIDIA CORP COM	Common	67066G104	3,336,917	208,297	SH		DFND	0	0	208,297	0
OCCIDENTAL PETE CORP DEL COM	Common	674599105	100,901	1,061	SH		DFND	0	0	1,061	0
OLD DOMINION FREIGHT LINE INC.	Common	679580100	4,400	83	SH		DFND	0	0	83	0
OLD NATIONAL BANCORP	Common	680033107	3,704	241	SH		DFND	0	0	241	0
OLIN CORP	Common	680665205	2,019	70	SH		DFND	0	0	70	0
OMNICARE INC.	Common	681904108	4,768	79	SH		DFND	0	0	79	0
ORACLE CORP COM	Common	68389X105	54,125,733	1,414,682	SH		DFND	0	0	1,414,682	0
ORIENT EXPRESS HOTELS LTD.	Common	G67743107	2,462	163	SH		DFND	0	0	163	0
OSHKOSH TRUCK	Common	688239201	1,813	36	SH		DFND	0	0	36	0
OTTER TAIL CORP	Common	689648103	2,429	83	SH		DFND	0	0	83	0
PAREXEL INTERNATIONAL CORP	Common	699462107	3,478	77	SH		DFND	0	0	77	0
PATTERSON UTI ENERGY INC COM	Common	703481101	2,101	83	SH		DFND	0	0	83	0
PAYCHEX INC COM	Common	704326107	132,037	2,900	SH		DFND	0	0	2,900	0
PDL BIOPHARMA INC.	Common	69329Y104	1,612	191	SH		DFND	0	0	191	0
PENN VA CORP COM	Common	707882106	2,282	242	SH		DFND	0	0	242	0
PEPSICO INC COM	Common	713448108	50,510	609	SH		DFND	0	0	609	0
PETSMART INC.	Common	716768106	1,297,860	17,840	SH		DFND	0	0	17,840	0
PFIZER INC COM	Common	717081103	60,461,965	1,973,946	SH		DFND	0	0	1,973,946	0
PHARMERICA CORP.	Common	71714F104	2,472	115	SH		DFND	0	0	115	0
POPULAR INC.	Common	733174700	19,285,472	671,266	SH		DFND	0	0	671,266	0
PORTFOLIO RECOVERY ASSOCIATES INC.	Common	73640Q105	2,642	50	SH		DFND	0	0	50	0
PRECISION CASTPARTS CORP	Common	740189105	27,564,470	102,356	SH		DFND	0	0	102,356	0
PRICE T ROWE GROUP INC COM	Common	74144T108	62,157	742	SH		DFND	0	0	742	0
PROCTER & GAMBLE CO COM	Common	742718109	50,422,179	619,361	SH		DFND	0	0	619,361	0
PROGRESS SOFTWARE CORP.	Common	743312100	2,531	98	SH		DFND	0	0	98	0
PROSPECT CAPITAL CORP.	Common	74348T102	1,929	172	SH		DFND	0	0	172	0
PROVIDENT FINANCIAL SERVICES INC.	Common	74386T105	2,434	126	SH		DFND	0	0	126	0
PUBLIC STORAGE COM	Common	74460D109	1,913,259	12,711	SH		DFND	0	0	12,711	0
PUBLIC SVC ENTERPRISE GROUP COM	Common	744573106	3,037,648	94,808	SH		DFND	0	0	94,808	0
QLOGIC CORP COM	Common	747277101	2,531	214	SH		DFND	0	0	214	0
QUALCOMM INC COM	Common	747525103	45,161,597	608,237	SH		DFND	0	0	608,237	0
QUANTA SERVICES INC.	Common	74762E102	30,897	979	SH		DFND	0	0	979	0
RAYTHEON CO COM NEW	Common	755111507	4,724,472	52,089	SH		DFND	0	0	52,089	0
Realogy Holdings Corp	Common	75605Y106	4,106	83	SH		DFND	0	0	83	0
REGIONS FINANCIAL CORP	Common	7591EP100	964,255	97,498	SH		DFND	0	0	97,498	0
RESMED INC.	Common	761152107	21,070,418	447,545	SH		DFND	0	0	447,545	0
REXNORD CORP NEW COM	Common	76169B102	2,511	93	SH		DFND	0	0	93	0
REYNOLDS AMERICAN INC COM	Common	761713106	3,444,011	68,894	SH		DFND	0	0	68,894	0
RF MICRO DEVICES INC.	Common	749941100	2,043	396	SH		DFND	0	0	396	0
ROCK-TENN CO CL A	Common	772739207	1,785	17	SH		DFND	0	0	17	0
ROGERS CORP	Common	775133101	2,460	40	SH		DFND	0	0	40	0
Sabra Healthcare REIT Inc.	Common	78573L106	2,431	93	SH		DFND	0	0	93	0
SANDISK CORP COM	Common	80004C101	1,536,079	21,776	SH		DFND	0	0	21,776	0
SCANA CORP NEW COM	Common	80589M102	292,420	6,231	SH		DFND	0	0	6,231	0
SCHLUMBERGER LTD COM	Common	806857108	216,354	2,401	SH		DFND	0	0	2,401	0
SCHWAB CHARLES CP NEW COM	Common	808513105	1,889,472	72,672	SH		DFND	0	0	72,672	0
SEAGATE TECHNOLOGY INC.	Common	G7945M107	64,190	1,143	SH		DFND	0	0	1,143	0
SINCLAIR BROADCAST GROUP INC CL A	Common	829226109	1,929	54	SH		DFND	0	0	54	0
SKYWEST INC.	Common	830879102	2,372	160	SH		DFND	0	0	160	0
SLM CORP COM	Common	78442P106	6,096	232	SH		DFND	0	0	232	0
SNAP ON INC COM	Common	833034101	1,016,674	9,283	SH		DFND	0	0	9,283	0
SOUTHWEST AIRLS CO COM	Common	844741108	32,197,145	1,708,978	SH		DFND	0	0	1,708,978	0
SOVRAN SELF STORAGE INC.	Common	84610H108	2,541	39	SH		DFND	0	0	39	0
Spirit Airlines Inc	Common	848577102	6,811	150	SH		DFND	0	0	150	0
STAG Industrial Inc	Common	85254J102	1,631	80	SH		DFND	0	0	80	0
STANDARD PACIFIC CORP	Common	85375C101	805	89	SH		DFND	0	0	89	0
STARBUCKS CORP COM	Common	855244109	42,814,658	546,175	SH		DFND	0	0	546,175	0
STARWOOD HOTELS & RESORTS WORLDWIDE INC	Common	85590A401	40,672,361	511,924	SH		DFND	0	0	511,924	0
STILLWATER MINING CO.	Common	86074Q102	1,542	125	SH		DFND	0	0	125	0
SUNSTONE HOTEL INVS INC NEW COM	Common	867892101	4,073	304	SH		DFND	0	0	304	0
SUPERVALU INC COM	Common	868536103	5,037	691	SH		DFND	0	0	691	0
SYMANTEC CORP COM	Common	871503108	27,135,816	1,150,798	SH		DFND	0	0	1,150,798	0
SYNAPTICS INC COM	Common	87157D109	2,176	42	SH		DFND	0	0	42	0
SYSCO CORP COM	Common	871829107	56,388	1,562	SH		DFND	0	0	1,562	0
TARGET CORP COM	Common	87612E106	57,322	906	SH		DFND	0	0	906	0
TERADYNE INC COM	Common	880770102	3,171	180	SH		DFND	0	0	180	0
TEREX CORP	Common	880779103	28,579,779	680,633	SH		DFND	0	0	680,633	0
TESCO CORP COM	Common	88157K101	2,452	124	SH		DFND	0	0	124	0
TETRA TECH INC NEW COM	Common	88162G103	2,546	91	SH		DFND	0	0	91	0
TEXAS INSTRS INC COM	Common	882508104	98,665	2,247	SH		DFND	0	0	2,247	0
TIME WARNER INC COM NEW	Common	887317303	2,213,121	31,743	SH		DFND	0	0	31,743	0
TIVO INC COM	Common	888706108	4,237	323	SH		DFND	0	0	323	0
TJX COS INC NEW COM	Common	872540109	4,607,296	72,294	SH		DFND	0	0	72,294	0
TOMPKINTRUSTCO INC	Common	890110109	2,466	48	SH		DFND	0	0	48	0
TOTAL SYS SVCS INC COM	Common	891906109	4,392	132	SH		DFND	0	0	132	0
TRAVELERS COMPANIES INC COM	Common	89417E109	1,985,270	21,927	SH		DFND	0	0	21,927	0
TRUSTCO BK CORP N Y COM	Common	898349105	2,398	334	SH		DFND	0	0	334	0
TYSON FOODS INC CL A	Common	902494103	3,752,773	112,157	SH		DFND	0	0	112,157	0
UBIQUITI NETWORKS INC	Common	90347A100	2,527	55	SH		DFND	0	0	55	0
UGI CORP	Common	902681105	1,824	44	SH		DFND	0	0	44	0
UNITED COMMUNITY BANKS INC.	Common	90984P105	2,431	137	SH		DFND	0	0	137	0
UNITED THERAPEUTICS CORP	Common	91307C102	5,314	47	SH		DFND	0	0	47	0
UNITEDHEALTH GROUP INC COM	Common	91324P102	2,516,827	33,424	SH		DFND	0	0	33,424	0
UNUM GROUP COM	Common	91529Y106	1,033,526	29,462	SH		DFND	0	0	29,462	0
VALERO ENERGY CORP NEW COM	Common	91913Y100	22,929,480	454,950	SH		DFND	0	0	454,950	0
VALIDUS HOLDINGS LTD.	Common	G9319H102	1,893	47	SH		DFND	0	0	47	0
VANTIV INC	Common	92210H105	1,010	31	SH		DFND	0	0	31	0
VECTREN CORP.	Common	92240G101	4,331	122	SH		DFND	0	0	122	0
VERIZON COMMUNICATIONS INC COM	Common	92343V104	44,047,130	896,360	SH		DFND	0	0	896,360	0
VIROPHARMA INC	Common	928241108	1,046	21	SH		DFND	0	0	21	0
VMWARE INC CL A COM	Common	928563402	1,435	16	SH		DFND	0	0	16	0
WABCO HOLDINGS INC.	Common	92927K102	1,961	21	SH		DFND	0	0	21	0
WADDELL & REED FINANCIAL INC. (CL A)	Common	930059100	1,693	26	SH		DFND	0	0	26	0
WAL MART STORES INC COM	Common	931142103	49,574	630	SH		DFND	0	0	630	0
WALGREEN CO COM	Common	931422109	983,889	17,129	SH		DFND	0	0	17,129	0
WELLPOINT INC COM	Common	94973V107	4,417,258	47,811	SH		DFND	0	0	47,811	0
WELLS FARGO & CO NEW COM	Common	949746101	168,570	3,713	SH		DFND	0	0	3,713	0
WENDYS INTL INC COM	Common	95058W100	4,264	489	SH		DFND	0	0	489	0
WESTERN DIGITAL CORP COM	Common	958102105	671	8	SH		DFND	0	0	8	0
WESTERN UN CO COM	Common	959802109	3,528,263	204,537	SH		DFND	0	0	204,537	0
WESTLAKE CHEMICAL CORP.	Common	960413102	1,831	15	SH		DFND	0	0	15	0
WEYERHAEUSER CO COM	Common	962166104	4,227,349	133,904	SH		DFND	0	0	133,904	0
WHITING PETROLEUM CORP	Common	966387102	23,067,610	372,840	SH		DFND	0	0	372,840	0
WISCONSIN ENERGY CORP COM	Common	976657106	89,170	2,157	SH		DFND	0	0	2,157	0
WISDOMTREE INVTS INC COM	Common	97717P104	7,455	421	SH		DFND	0	0	421	0
WYNDHAM WORLDWIDE CORP COM	Common	98310W108	1,299,302	17,632	SH		DFND	0	0	17,632	0
XCEL ENERGY	Common	98389B100	1,361,991	48,747	SH		DFND	0	0	48,747	0
XILINX INC	Common	983919101	1,790	39	SH		DFND	0	0	39	0
XL GROUP PLC SHS	Common	G98290102	28,178	885	SH		DFND	0	0	885	0
ZIMMER HLDGS INC COM	Common	98956P102	42,215	453	SH		DFND	0	0	453	0