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	72,442	534	SH		DFND	0	0	534	0
ABBVIE INC	Common	00287Y109	3,155,446	61,390	SH		DFND	0	0	61,390	0
ACCELRYS INC.	Common	00430U103	2,516	202	SH		DFND	0	0	202	0
ACCENTURE PLC IRELAND SHS CLASS A	Common	G1151C101	90,163	1,131	SH		DFND	0	0	1,131	0
ACTIVISION BLIZZARD INC.	Common	00507V109	4,660	228	SH		DFND	0	0	228	0
ADT CORPORATION	Common	00101J106	1,698,704	56,718	SH		DFND	0	0	56,718	0
AECOM TECHNOLOGY CORP.	Common	00766T100	3,667	114	SH		DFND	0	0	114	0
AETNA INC NEW COM	Common	00817Y108	3,560,850	47,497	SH		DFND	0	0	47,497	0
AFLAC INC COM	Common	001055102	1,126,587	17,871	SH		DFND	0	0	17,871	0
AGILENT TECHNOLOGIES COM	Common	00846U101	994,816	17,790	SH		DFND	0	0	17,790	0
AGL RESOURCES INC	Common	001204106	42,497	868	SH		DFND	0	0	868	0
ALCOA INC COM	Common	013817101	28,550,100	2,218,345	SH		DFND	0	0	2,218,345	0
ALLEGION	Common	G0176J109	1,116,490	21,401	SH		DFND	0	0	21,401	0
ALLIANT ENERGY CORP.	Common	018802108	5,056	89	SH		DFND	0	0	89	0
ALLSTATE CORP COM	Common	020002101	31,435,961	555,602	SH		DFND	0	0	555,602	0
ALTRIA GROUP INC COM	Common	02209S103	4,306,096	115,044	SH		DFND	0	0	115,044	0
AMAZON COM INC COM	Common	023135106	36,964,831	109,895	SH		DFND	0	0	109,895	0
AMERCO	Common	023586100	4,178	18	SH		DFND	0	0	18	0
AMERICAN EQTY INVT LIFE HLD CO COM	Common	025676206	2,362	100	SH		DFND	0	0	100	0
AMERICAN EXPRESS CO COM	Common	025816109	1,215,224	13,498	SH		DFND	0	0	13,498	0
AMERICAN INTL GROUP INC COM NEW	Common	026874784	43,366,571	867,158	SH		DFND	0	0	867,158	0
AMGEN INC COM	Common	031162100	45,019	365	SH		DFND	0	0	365	0
ANNTAYLOR STORES CORP.	Common	035623107	2,613	63	SH		DFND	0	0	63	0
APARTMENT INVT & MGMT CL A	Common	03748R101	2,633,944	87,159	SH		DFND	0	0	87,159	0
APPLE INC COM	Common	037833100	66,345,894	123,609	SH		DFND	0	0	123,609	0
ARCHER DANIELS MIDLAND CO COM	Common	039483102	1,079,109	24,870	SH		DFND	0	0	24,870	0
ARROW ELECTRS INC COM	Common	042735100	5,045	85	SH		DFND	0	0	85	0
AT&T INC COM	Common	00206R102	9,889	282	SH		DFND	0	0	282	0
ATMOS ENERGY CORP.	Common	049560105	1,178	25	SH		DFND	0	0	25	0
AUTOMATIC DATA PROCESS COM	Common	053015103	68,220	883	SH		DFND	0	0	883	0
AUXILIUM PHARMACEUTICALS INC.	Common	05334D107	6,115	225	SH		DFND	0	0	225	0
AXIS CAPITAL HOLDINGS LTD.	Common	G0692U109	1,834	40	SH		DFND	0	0	40	0
BAKER HUGHES INC COM	Common	057224107	4,048,470	62,265	SH		DFND	0	0	62,265	0
BALLY TECHNOLOGIES INC.	Common	05874B107	3,644	55	SH		DFND	0	0	55	0
BANK OF AMERICA CORPORATION COM	Common	060505104	8,092,066	470,469	SH		DFND	0	0	470,469	0
BANK OF NEW YORK MELLON CORP COM	Common	064058100	2,169,699	61,482	SH		DFND	0	0	61,482	0
BARNES & NOBLE INC.	Common	067774109	1,212	58	SH		DFND	0	0	58	0
BAXTER INTL INC COM	Common	071813109	52,756	717	SH		DFND	0	0	717	0
BB&T CORP	Common	054937107	39,060,143	972,371	SH		DFND	0	0	972,371	0
BEST BUY INC COM	Common	086516101	48,620	1,841	SH		DFND	0	0	1,841	0
BIOGEN IDEC INC COM	Common	09062X103	37,016,387	121,020	SH		DFND	0	0	121,020	0
BLOCK H & R INC COM	Common	093671105	74,478	2,467	SH		DFND	0	0	2,467	0
BLUCORA INC COM	Common	095229100	1,634	83	SH		DFND	0	0	83	0
BOEING CO COM	Common	097023105	42,105,408	335,528	SH		DFND	0	0	335,528	0
BRISTOL MYERS SQUIBB CO COM	Common	110122108	98,133	1,889	SH		DFND	0	0	1,889	0
BROADCOM CORP CL A	Common	111320107	114,928	3,652	SH		DFND	0	0	3,652	0
BROCADE COMMUNICATION SYSTEMS INC	Common	111621306	1,899	179	SH		DFND	0	0	179	0
BRUKER CORP COM	Common	116794108	4,261	187	SH		DFND	0	0	187	0
CA INC COM	Common	12673P105	3,689,191	119,083	SH		DFND	0	0	119,083	0
CADENCE DESIGN SYSTEMS INC.	Common	127387108	4,677	301	SH		DFND	0	0	301	0
CALIFORNIA WATER SERVICE GROUP	Common	130788102	2,585	108	SH		DFND	0	0	108	0
CAMERON INTERNATIONAL CORP COM	Common	13342B105	1,178,386	19,077	SH		DFND	0	0	19,077	0
CAPITAL ONE FINL CORP COM	Common	14040H105	43,191,930	559,771	SH		DFND	0	0	559,771	0
CARDINAL HEALTH INC COM	Common	14149Y108	27,012	386	SH		DFND	0	0	386	0
CBOE HOLDINGS INC	Common	12503M108	2,716	48	SH		DFND	0	0	48	0
CBRE Group Inc	Common	12504L109	2,224,929	81,113	SH		DFND	0	0	81,113	0
CBS CORP NEW CL B	Common	124857202	1,457,614	23,586	SH		DFND	0	0	23,586	0
CENTENE CORP	Common	15135B101	2,676	43	SH		DFND	0	0	43	0
CF INDS HLDGS INC COM	Common	125269100	3,566,858	13,685	SH		DFND	0	0	13,685	0
CHATHAM LODGING TR COM	Common	16208T102	2,365	117	SH		DFND	0	0	117	0
CHESAPEAKE LODGING TR SH BEN INT	Common	165240102	4,219	164	SH		DFND	0	0	164	0
CHEVRON CORP NEW COM	Common	166764100	7,776,476	65,398	SH		DFND	0	0	65,398	0
CIGNA CORP COM	Common	125509109	1,372,083	16,387	SH		DFND	0	0	16,387	0
CISCO SYS INC COM	Common	17275R102	4,861,858	216,902	SH		DFND	0	0	216,902	0
CITIGROUP INC COM	Common	172967424	36,296,047	762,522	SH		DFND	0	0	762,522	0
COCA COLA CO COM	Common	191216100	157,230	4,067	SH		DFND	0	0	4,067	0
COMCAST CORP NEW CL A	Common	20030N101	5,175,587	103,429	SH		DFND	0	0	103,429	0
COMPUTER SCIENCES CORP COM	Common	205363104	1,084,298	17,828	SH		DFND	0	0	17,828	0
CONSTELLATION BRANDS CL A	Common	21036P108	2,368,963	27,880	SH		DFND	0	0	27,880	0
COVANCE INC.	Common	222816100	4,779	46	SH		DFND	0	0	46	0
CSX CORP COM	Common	126408103	86,417	2,983	SH		DFND	0	0	2,983	0
CVS CAREMARK CORPORATION COM	Common	126650100	48,148,529	643,181	SH		DFND	0	0	643,181	0
D R HORTON INC COM	Common	23331A109	25,975,626	1,199,798	SH		DFND	0	0	1,199,798	0
DEERE & CO COM	Common	244199105	3,642,532	40,116	SH		DFND	0	0	40,116	0
DELTA AIR LINES DEL COM	Common	247361702	3,435,408	99,146	SH		DFND	0	0	99,146	0
DELUXE CORP COM	Common	248019101	4,722	90	SH		DFND	0	0	90	0
DISCOVER FINL SVCS COM	Common	254709108	2,226,582	38,264	SH		DFND	0	0	38,264	0
DISNEY WALT CO COM DISNEY	Common	254687106	1,319,073	16,474	SH		DFND	0	0	16,474	0
DOVER CORP COM	Common	260003108	1,348,466	16,495	SH		DFND	0	0	16,495	0
DR PEPPER SNAPPLE GROUP INC COM	Common	26138E109	3,547,306	65,136	SH		DFND	0	0	65,136	0
DST SYS INC DEL COM	Common	233326107	2,559	27	SH		DFND	0	0	27	0
DUKE ENERGY CORP NEW COM NEW	Common	26441C204	25,085,464	352,225	SH		DFND	0	0	352,225	0
E M C CORP MASS COM	Common	268648102	4,575,249	166,919	SH		DFND	0	0	166,919	0
E TRADE FINANCIAL CORP COM	Common	269246401	3,844	167	SH		DFND	0	0	167	0
EDISON INTL COM	Common	281020107	4,451,470	78,634	SH		DFND	0	0	78,634	0
ELECTRONICS FOR IMAGING INC.	Common	286082102	5,413	125	SH		DFND	0	0	125	0
EMERSON ELEC CO COM	Common	291011104	67,601	1,012	SH		DFND	0	0	1,012	0
ENDO INTL PLC	Common	G30401106	4,187	61	SH		DFND	0	0	61	0
ENTERGY CORP NEW COM	Common	29364G103	2,533,481	37,898	SH		DFND	0	0	37,898	0
EOG RES INC COM	Common	26875P101	29,171,067	148,703	SH		DFND	0	0	148,703	0
EXELON CORP COM	Common	30161N101	3,030,300	90,295	SH		DFND	0	0	90,295	0
EXTREME NETWORKS INC.	Common	30226D106	2,024	349	SH		DFND	0	0	349	0
EXXON MOBIL CORP COM	Common	30231G102	1,146,372	11,736	SH		DFND	0	0	11,736	0
FACEBOOK, INC	Common	30303M102	37,411,509	621,041	SH		DFND	0	0	621,041	0
FEDERAL SIGNAL CORP.	Common	313855108	2,428	163	SH		DFND	0	0	163	0
FIFTH THIRD BANCORP COM	Common	316773100	2,220,873	96,749	SH		DFND	0	0	96,749	0
FINANCIAL ENGINES INC COM	Common	317485100	1,929	38	SH		DFND	0	0	38	0
FIRST COMMONWEALTH FINANCIAL CORP. (PENNSY	Common	319829107	2,476	274	SH		DFND	0	0	274	0
FIRST NIAGARA FINCL GROUP INC	Common	33582V108	907	96	SH		DFND	0	0	96	0
FIRST SOLAR INC.	Common	336433107	130,577	1,871	SH		DFND	0	0	1,871	0
FLUOR CORP NEW COM	Common	343412102	22,587,793	290,593	SH		DFND	0	0	290,593	0
FNB CORP PA COM	Common	302520101	2,720	203	SH		DFND	0	0	203	0
FORD MTR CO DEL COM PAR $0.01	Common	345370860	1,712,193	109,756	SH		DFND	0	0	109,756	0
FOREST LABS INC COM	Common	345838106	82,120	890	SH		DFND	0	0	890	0
FORTUNE BRANDS HOME&SECURITY	Common	34964C106	14,189,418	337,201	SH		DFND	0	0	337,201	0
FRANKLIN RES INC COM	Common	354613101	28,080,789	518,287	SH		DFND	0	0	518,287	0
FREEPORT-MCMORAN COPPER & GOLD COM	Common	35671D857	1,307,356	39,533	SH		DFND	0	0	39,533	0
GAMESTOP CORP NEW CL A	Common	36467W109	1,794,384	43,659	SH		DFND	0	0	43,659	0
GANNETT INC COM	Common	364730101	51,970	1,883	SH		DFND	0	0	1,883	0
GAP INC DEL COM	Common	364760108	1,703,070	42,513	SH		DFND	0	0	42,513	0
GARMIN LTD.	Common	H2906T109	1,048,724	18,978	SH		DFND	0	0	18,978	0
GATX CORP COM	Common	361448103	2,104	31	SH		DFND	0	0	31	0
GENERAL DYNAMICS CORP COM	Common	369550108	29,844	274	SH		DFND	0	0	274	0
GENERAL MLS INC COM	Common	370334104	1,490,135	28,756	SH		DFND	0	0	28,756	0
GENERAL MTRS CORP COM	Common	37045V100	22,738,678	660,624	SH		DFND	0	0	660,624	0
GENTEX CORP	Common	371901109	4,382	139	SH		DFND	0	0	139	0
GENUINE PARTS CO	Common	372460105	60,968	702	SH		DFND	0	0	702	0
GENWORTH FINL INC COM CL A	Common	37247D106	1,465,703	82,668	SH		DFND	0	0	82,668	0
GIBRALTOR INDUSTRIES INC	Common	374689107	1,037	55	SH		DFND	0	0	55	0
GLOBAL PAYMENTS INC.	Common	37940X102	1,706	24	SH		DFND	0	0	24	0
GOLDMAN SACHS GROUP INC COM	Common	38141G104	2,621,436	15,999	SH		DFND	0	0	15,999	0
GOODYEAR TIRE	Common	382550101	2,351	90	SH		DFND	0	0	90	0
GOOGLE INC CL A	Common	38259P508	48,231,534	43,276	SH		DFND	0	0	43,276	0
GRAND CANYON EDUCATION INC.	Common	38526M106	2,661	57	SH		DFND	0	0	57	0
GREENBRIER COMPANY	Common	393657101	1,778	39	SH		DFND	0	0	39	0
HALLIBURTON CO COM	Common	406216101	35,765,604	607,329	SH		DFND	0	0	607,329	0
HARTFORD FINL SVCS GROUP INC COM	Common	416515104	4,204,289	119,203	SH		DFND	0	0	119,203	0
HASBRO INC	Common	418056107	136,769	2,459	SH		DFND	0	0	2,459	0
HEALTHSOUTH CORP.	Common	421924309	4,383	122	SH		DFND	0	0	122	0
HEARTLAND PAYMENT SYSTEMS INC.	Common	42235N108	2,652	64	SH		DFND	0	0	64	0
HECLA MINING CO	Common	422704106	1,535	500	SH		DFND	0	0	500	0
HELEN OF TROY CORP.	Common	G4388N106	4,707	68	SH		DFND	0	0	68	0
HELMERICH & PAYNE INC	Common	423452101	3,853,982	35,831	SH		DFND	0	0	35,831	0
HESS CORP COM	Common	42809H107	36,375,037	438,888	SH		DFND	0	0	438,888	0
HFF INC CL A	Common	40418F108	2,621	78	SH		DFND	0	0	78	0
HOLLY FRONTIER CORP	Common	436106108	2,712	57	SH		DFND	0	0	57	0
HOME DEPOT INC COM	Common	437076102	4,687,107	59,233	SH		DFND	0	0	59,233	0
HOME LN SERVICING SOLUTIONS LT ORD SHS	Common	G6648D109	4,708	218	SH		DFND	0	0	218	0
HOME PROPERTIES INC.	Common	437306103	2,344	39	SH		DFND	0	0	39	0
HOSPIRA	Common	441060100	10,555,119	244,049	SH		DFND	0	0	244,049	0
HOST HOTEL & RESORT INC	Common	44107P104	3,054,641	150,921	SH		DFND	0	0	150,921	0
HUMANA INC COM	Common	444859102	3,996,262	35,453	SH		DFND	0	0	35,453	0
HUNTINGTON BANCSHARES INC	Common	446150104	1,586,117	159,089	SH		DFND	0	0	159,089	0
Hyster-Yale Materials Handling Inc	Common	449172105	2,437	25	SH		DFND	0	0	25	0
ILLINOIS TOOL WKS INC COM	Common	452308109	1,031,833	12,687	SH		DFND	0	0	12,687	0
IMPAX LABORATORIES INC	Common	45256B101	4,042	153	SH		DFND	0	0	153	0
INSIGHT ENTERPRISES INC	Common	45765U103	2,636	105	SH		DFND	0	0	105	0
INTEL CORP COM	Common	458140100	1,942,632	75,255	SH		DFND	0	0	75,255	0
INTERNATIONAL BUSINESS MACHS COM	Common	459200101	3,201,686	16,633	SH		DFND	0	0	16,633	0
INTERNATIONAL GAME TEC COM	Common	459902102	2,421,553	172,230	SH		DFND	0	0	172,230	0
INTERVAL LEISURE GROUP INC.	Common	46113M108	2,012	77	SH		DFND	0	0	77	0
INTL PAPER CO COM	Common	460146103	1,048,128	22,845	SH		DFND	0	0	22,845	0
INVESCO MORTGAGE CAPITAL INC.	Common	46131B100	2,256	137	SH		DFND	0	0	137	0
ION GEOPHYSICAL CORP	Common	462044108	2,424	576	SH		DFND	0	0	576	0
IPC THE HOSPITALIST CO. INC.	Common	44984A105	2,012	41	SH		DFND	0	0	41	0
ISHARES BARCLAYS MBS BOND	Common	464288588	2,122,600	20,000	SH		DFND	0	0	20,000	0
ISHARES FLOATING	Common	46429B655	10,142	200	SH		DFND	0	0	200	0
ISHARES INTERM CR BD ETF	Common	464288638	26,174	240	SH		DFND	0	0	240	0
ISHARES INTERMEDIATE	Common	464288612	82,507	750	SH		DFND	0	0	750	0
JABIL CIRCUIT INC COM	Common	466313103	2,610	145	SH		DFND	0	0	145	0
JACK HENRY & ASSOCIATES INC.	Common	426281101	4,460	80	SH		DFND	0	0	80	0
JACOBS ENGR GROUP DEL COM	Common	469814107	1,545,463	24,338	SH		DFND	0	0	24,338	0
JETBLUE AIRWAYS CORP	Common	477143101	7,151	823	SH		DFND	0	0	823	0
JOHNSON & JOHNSON COM	Common	478160104	8,754,355	89,121	SH		DFND	0	0	89,121	0
JPMORGAN CHASE & CO COM	Common	46625H100	6,462,943	106,456	SH		DFND	0	0	106,456	0
KEURIG GREEN MOUNTAIN, INC	Common	49271M100	1,583	15	SH		DFND	0	0	15	0
KEYCORP NEW COM	Common	493267108	1,376,039	96,632	SH		DFND	0	0	96,632	0
KIMBERLY CLARK CORP COM	Common	494368103	1,600,830	14,520	SH		DFND	0	0	14,520	0
KNOWLES CORP	Common	49926D109	256,222	8,116	SH		DFND	0	0	8,116	0
KOHLS CORP COM	Common	500255104	57,254	1,008	SH		DFND	0	0	1,008	0
KROGER CO COM	Common	501044101	36,312,260	831,896	SH		DFND	0	0	831,896	0
L-3 COMMUNICATIONS HLDGS INC COM	Common	502424104	3,729,641	31,567	SH		DFND	0	0	31,567	0
LA Z BOY INC COM	Common	505336107	5,420	200	SH		DFND	0	0	200	0
LAM RESEARCH CORP COM	Common	512807108	28,136,790	511,578	SH		DFND	0	0	511,578	0
LANNETT CO. INC.	Common	516012101	2,036	57	SH		DFND	0	0	57	0
LEGGETT & PLATT INC	Common	524660107	89,727	2,749	SH		DFND	0	0	2,749	0
LENNOX INTERNATIONAL INC.	Common	526107107	636	7	SH		DFND	0	0	7	0
LEXMARK INTL NEW CL A	Common	529771107	2,407	52	SH		DFND	0	0	52	0
LILLY ELI & CO COM	Common	532457108	5,025,643	85,383	SH		DFND	0	0	85,383	0
LINCOLN NATIONAL CORP	Common	534187109	1,266	25	SH		DFND	0	0	25	0
LKQ CORP.	Common	501889208	4,611	175	SH		DFND	0	0	175	0
LOCKHEED MARTIN CORP COM	Common	539830109	75,416	462	SH		DFND	0	0	462	0
LOWES COS INC COM	Common	548661107	2,440,843	49,915	SH		DFND	0	0	49,915	0
LYONDELLBASELL INDUSTRIES	Common	N53745100	36,722,881	412,895	SH		DFND	0	0	412,895	0
MACYS INC COM	Common	55616P104	3,036,478	51,214	SH		DFND	0	0	51,214	0
MANHATTAN ASSOCIATES INC.	Common	562750109	2,452	70	SH		DFND	0	0	70	0
MARATHON OIL CORP COM	Common	565849106	987,207	27,793	SH		DFND	0	0	27,793	0
MARATHON PETROLEUM CORP	Common	56585A102	3,877,457	44,548	SH		DFND	0	0	44,548	0
Marriott Vacations Worldwide	Common	57164Y107	1,900	34	SH		DFND	0	0	34	0
MARSH & MCLENNAN COS COM	Common	571748102	70,646	1,433	SH		DFND	0	0	1,433	0
MASCO CORP COM	Common	574599106	929,799	41,864	SH		DFND	0	0	41,864	0
MASTERCARD INC CL A	Common	57636Q104	37,021,917	495,608	SH		DFND	0	0	495,608	0
MCDONALDS CORP COM	Common	580135101	77,639	792	SH		DFND	0	0	792	0
MCKESSON CORP COM	Common	58155Q103	44,495	252	SH		DFND	0	0	252	0
MDU RESOURCES GROUP INC.	Common	552690109	4,803	140	SH		DFND	0	0	140	0
MEDTRONIC INC COM	Common	585055106	1,682,811	27,345	SH		DFND	0	0	27,345	0
MERCK & CO INC NEW COM	Common	58933Y105	1,369,349	24,121	SH		DFND	0	0	24,121	0
Meritor Inc	Common	59001K100	5,169	422	SH		DFND	0	0	422	0
METTLER TOLEDO INTERNATIONAL COM	Common	592688105	1,178	5	SH		DFND	0	0	5	0
MICHAEL KORS	Common	G60754101	3,431,776	36,794	SH		DFND	0	0	36,794	0
MICROSOFT CORP COM	Common	594918104	44,934,344	1,096,227	SH		DFND	0	0	1,096,227	0
MICROSTRATEGY INC	Common	594972408	2,307	20	SH		DFND	0	0	20	0
MOLSON COORS BREWING CO CL B	Common	60871R209	3,179,970	54,026	SH		DFND	0	0	54,026	0
MONSANTO CO	Common	61166W101	3,955,896	34,771	SH		DFND	0	0	34,771	0
MONTPELIER RE HOLDINGS LTD.	Common	G62185106	6,815	229	SH		DFND	0	0	229	0
MORGAN STANLEY COM NEW	Common	617446448	1,156,656	37,108	SH		DFND	0	0	37,108	0
MSA SAFETY INC	Common	553498106	2,793	49	SH		DFND	0	0	49	0
MUELLER WATER PRODUCTS INC.	Common	624758108	4,436	467	SH		DFND	0	0	467	0
MYLAN INC COM	Common	628530107	31,877,835	652,833	SH		DFND	0	0	652,833	0
MYRIAD GENETICS INC	Common	62855J104	1,606	47	SH		DFND	0	0	47	0
NABORS INDUSTRIES LTD SHS	Common	G6359F103	15,974,605	648,057	SH		DFND	0	0	648,057	0
NATIONAL OILWELL VARCO INC COM	Common	637071101	3,693,841	47,436	SH		DFND	0	0	47,436	0
NETWORK APPLIANCE INC COM	Common	64110D104	56,051	1,519	SH		DFND	0	0	1,519	0
NEW JERSEY RESOURCES CORP	Common	646025106	7,270	146	SH		DFND	0	0	146	0
NEWELL RUBBERMAID INC COM	Common	651229106	39,288	1,314	SH		DFND	0	0	1,314	0
NORTEK INC COM NEW	Common	656559309	2,712	33	SH		DFND	0	0	33	0
NORTHROP GRUMMAN CORP COM	Common	666807102	4,272,772	34,631	SH		DFND	0	0	34,631	0
NVIDIA CORP COM	Common	67066G104	3,651,831	203,899	SH		DFND	0	0	203,899	0
OCCIDENTAL PETE CORP DEL COM	Common	674599105	101,102	1,061	SH		DFND	0	0	1,061	0
OFFICE DEPOT INC	Common	676220106	545	132	SH		DFND	0	0	132	0
OLD NATIONAL BANCORP	Common	680033107	3,593	241	SH		DFND	0	0	241	0
OLIN CORP	Common	680665205	1,932	70	SH		DFND	0	0	70	0
OMEGA HEALTHCARE INVESTORS INC	Common	681936100	4,793	143	SH		DFND	0	0	143	0
OMNICARE INC.	Common	681904108	3,699	62	SH		DFND	0	0	62	0
ORACLE CORP COM	Common	68389X105	55,153,266	1,348,161	SH		DFND	0	0	1,348,161	0
ORIENT EXPRESS HOTELS LTD.	Common	G67743107	2,348	163	SH		DFND	0	0	163	0
OSHKOSH TRUCK	Common	688239201	1,412	24	SH		DFND	0	0	24	0
OTTER TAIL CORP	Common	689648103	2,555	83	SH		DFND	0	0	83	0
PAREXEL INTERNATIONAL CORP	Common	699462107	3,624	67	SH		DFND	0	0	67	0
PATTERSON UTI ENERGY INC COM	Common	703481101	2,629	83	SH		DFND	0	0	83	0
PAYCHEX INC COM	Common	704326107	123,540	2,900	SH		DFND	0	0	2,900	0
PDL BIOPHARMA INC.	Common	69329Y104	1,587	191	SH		DFND	0	0	191	0
PENN VA CORP COM	Common	707882106	1,644	94	SH		DFND	0	0	94	0
PEPSICO INC COM	Common	713448108	50,851	609	SH		DFND	0	0	609	0
PERKINELMER INC COM	Common	714046109	1,754,230	38,931	SH		DFND	0	0	38,931	0
PETSMART INC.	Common	716768106	1,196,139	17,358	SH		DFND	0	0	17,358	0
PFIZER INC COM	Common	717081103	64,399,347	2,004,961	SH		DFND	0	0	2,004,961	0
PHARMERICA CORP.	Common	71714F104	2,798	100	SH		DFND	0	0	100	0
POPULAR INC.	Common	733174700	20,720,905	668,632	SH		DFND	0	0	668,632	0
PORTFOLIO RECOVERY ASSOCIATES INC.	Common	73640Q105	2,893	50	SH		DFND	0	0	50	0
PRECISION CASTPARTS CORP	Common	740189105	32,691,978	129,340	SH		DFND	0	0	129,340	0
PRICE T ROWE GROUP INC COM	Common	74144T108	61,103	742	SH		DFND	0	0	742	0
PROCTER & GAMBLE CO COM	Common	742718109	53,120,155	659,059	SH		DFND	0	0	659,059	0
PROGRESS SOFTWARE CORP.	Common	743312100	2,136	98	SH		DFND	0	0	98	0
PROVIDENT FINANCIAL SERVICES INC.	Common	74386T105	2,314	126	SH		DFND	0	0	126	0
PUBLIC STORAGE COM	Common	74460D109	2,084,726	12,373	SH		DFND	0	0	12,373	0
PUBLIC SVC ENTERPRISE GROUP COM	Common	744573106	4,337,776	113,733	SH		DFND	0	0	113,733	0
QLOGIC CORP COM	Common	747277101	2,728	214	SH		DFND	0	0	214	0
QUALCOMM INC COM	Common	747525103	45,673,740	579,175	SH		DFND	0	0	579,175	0
QUANTA SERVICES INC.	Common	74762E102	34,095	924	SH		DFND	0	0	924	0
RAYTHEON CO COM NEW	Common	755111507	4,446,340	45,008	SH		DFND	0	0	45,008	0
REGIONS FINANCIAL CORP	Common	7591EP100	1,054,827	94,944	SH		DFND	0	0	94,944	0
REYNOLDS AMERICAN INC COM	Common	761713106	113,570	2,126	SH		DFND	0	0	2,126	0
ROGERS CORP	Common	775133101	2,496	40	SH		DFND	0	0	40	0
Sabra Healthcare REIT Inc.	Common	78573L106	2,593	93	SH		DFND	0	0	93	0
SANDISK CORP COM	Common	80004C101	71,447	880	SH		DFND	0	0	880	0
SCANA CORP NEW COM	Common	80589M102	319,774	6,231	SH		DFND	0	0	6,231	0
SCHLUMBERGER LTD COM	Common	806857108	198,315	2,034	SH		DFND	0	0	2,034	0
SCHWAB CHARLES CP NEW COM	Common	808513105	1,934,909	70,798	SH		DFND	0	0	70,798	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	1,462	54	SH		DFND	0	0	54	0
SKYWEST INC.	Common	830879102	2,041	160	SH		DFND	0	0	160	0
SLM CORP COM	Common	78442P106	3,941	161	SH		DFND	0	0	161	0
SNAP ON INC COM	Common	833034101	1,025,745	9,039	SH		DFND	0	0	9,039	0
SOUTHWEST AIRLS CO COM	Common	844741108	34,252,561	1,450,765	SH		DFND	0	0	1,450,765	0
SOVRAN SELF STORAGE INC.	Common	84610H108	2,570	35	SH		DFND	0	0	35	0
Spirit Airlines Inc	Common	848577102	7,543	127	SH		DFND	0	0	127	0
STAG Industrial Inc	Common	85254J102	1,928	80	SH		DFND	0	0	80	0
STAPLES INC	Common	855030102	1,608,476	141,841	SH		DFND	0	0	141,841	0
STARBUCKS CORP COM	Common	855244109	42,408,650	577,932	SH		DFND	0	0	577,932	0
STARWOOD HOTELS & RESORTS WORLDWIDE INC	Common	85590A401	32,495,506	408,235	SH		DFND	0	0	408,235	0
STILLWATER MINING CO.	Common	86074Q102	1,851	125	SH		DFND	0	0	125	0
SUNSTONE HOTEL INVS INC NEW COM	Common	867892101	4,173	304	SH		DFND	0	0	304	0
SUPERVALU INC COM	Common	868536103	4,726	691	SH		DFND	0	0	691	0
SYMANTEC CORP COM	Common	871503108	1,816,531	90,963	SH		DFND	0	0	90,963	0
SYNAPTICS INC COM	Common	87157D109	2,520	42	SH		DFND	0	0	42	0
SYSCO CORP COM	Common	871829107	56,435	1,562	SH		DFND	0	0	1,562	0
TARGET CORP COM	Common	87612E106	54,822	906	SH		DFND	0	0	906	0
TD AMERITRADE HOLDING CORP.	Common	87236Y108	19,843,571	584,494	SH		DFND	0	0	584,494	0
TERADYNE INC COM	Common	880770102	3,580	180	SH		DFND	0	0	180	0
TEREX CORP	Common	880779103	20,774,485	468,950	SH		DFND	0	0	468,950	0
TESCO CORP COM	Common	88157K101	2,294	124	SH		DFND	0	0	124	0
TETRA TECH INC NEW COM	Common	88162G103	2,574	87	SH		DFND	0	0	87	0
TEXAS INSTRS INC COM	Common	882508104	105,968	2,247	SH		DFND	0	0	2,247	0
TIME WARNER INC COM NEW	Common	887317303	2,020,526	30,928	SH		DFND	0	0	30,928	0
TIVO INC COM	Common	888706108	4,273	323	SH		DFND	0	0	323	0
TJX COS INC NEW COM	Common	872540109	4,268,668	70,382	SH		DFND	0	0	70,382	0
TOMPKINTRUSTCO INC	Common	890110109	2,350	48	SH		DFND	0	0	48	0
TRAVELERS COMPANIES INC COM	Common	89417E109	1,816,544	21,346	SH		DFND	0	0	21,346	0
TRUSTCO BK CORP N Y COM	Common	898349105	2,351	334	SH		DFND	0	0	334	0
TYSON FOODS INC CL A	Common	902494103	4,143,673	94,153	SH		DFND	0	0	94,153	0
UBIQUITI NETWORKS INC	Common	90347A100	2,317	51	SH		DFND	0	0	51	0
UNITED COMMUNITY BANKS INC.	Common	90984P303	2,659	137	SH		DFND	0	0	137	0
UNITED THERAPEUTICS CORP	Common	91307C102	2,444	26	SH		DFND	0	0	26	0
UNITEDHEALTH GROUP INC COM	Common	91324P102	2,667,380	32,533	SH		DFND	0	0	32,533	0
UNUM GROUP COM	Common	91529Y106	1,012,973	28,688	SH		DFND	0	0	28,688	0
VALERO ENERGY CORP NEW COM	Common	91913Y100	26,161,467	492,683	SH		DFND	0	0	492,683	0
VECTREN CORP.	Common	92240G101	4,805	122	SH		DFND	0	0	122	0
VERIZON COMMUNICATIONS INC COM	Common	92343V104	32,153,514	675,920	SH		DFND	0	0	675,920	0
VIACOM INC NEW CL B	Common	92553P201	2,764,469	32,527	SH		DFND	0	0	32,527	0
VISTAPRINT LIMITED	Common	N93540107	3,346	68	SH		DFND	0	0	68	0
WADDELL & REED FINANCIAL INC. (CL A)	Common	930059100	1,914	26	SH		DFND	0	0	26	0
WAL MART STORES INC COM	Common	931142103	66,494	870	SH		DFND	0	0	870	0
WELLPOINT INC COM	Common	94973V107	4,632,360	46,533	SH		DFND	0	0	46,533	0
WELLS FARGO & CO NEW COM	Common	949746101	179,909	3,617	SH		DFND	0	0	3,617	0
WENDYS INTL INC COM	Common	95058W100	4,459	489	SH		DFND	0	0	489	0
WESTERN UN CO COM	Common	959802109	3,285,906	200,850	SH		DFND	0	0	200,850	0
WEYERHAEUSER CO COM	Common	962166104	3,825,772	130,350	SH		DFND	0	0	130,350	0
WHITING PETROLEUM CORP	Common	966387102	21,082,139	303,821	SH		DFND	0	0	303,821	0
WILLIAMS-SONOMA INC.	Common	969904101	30,983,335	464,936	SH		DFND	0	0	464,936	0
WISCONSIN ENERGY CORP COM	Common	976657106	100,408	2,157	SH		DFND	0	0	2,157	0
WISDOMTREE INVTS INC COM	Common	97717P104	5,103	389	SH		DFND	0	0	389	0
WYNDHAM WORLDWIDE CORP COM	Common	98310W108	1,256,553	17,159	SH		DFND	0	0	17,159	0
XEROX CORP COM	Common	984121103	31,165	2,758	SH		DFND	0	0	2,758	0
XL GROUP PLC SHS	Common	G98290102	42,218	1,351	SH		DFND	0	0	1,351	0
ZIMMER HLDGS INC COM	Common	98956P102	40,480	428	SH		DFND	0	0	428	0