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	104,994	733	SH		DFND	0	0	733	0
AARON'S INC.	Common	002535300	1,496	42	SH		DFND	0	0	42	0
ABBVIE INC	Common	00287Y109	3,452,999	61,180	SH		DFND	0	0	61,180	0
ACCENTURE PLC IRELAND SHS CLASS A	Common	G1151C101	34,114	422	SH		DFND	0	0	422	0
ADT CORPORATION	Common	00101J106	1,977,534	56,598	SH		DFND	0	0	56,598	0
ADVANCE AUTO PARTS INC.	Common	00751Y106	22,134,570	164,057	SH		DFND	0	0	164,057	0
AETNA INC NEW COM	Common	00817Y108	26,667,860	328,908	SH		DFND	0	0	328,908	0
AFLAC INC COM	Common	001055102	132,717	2,132	SH		DFND	0	0	2,132	0
AGILENT TECHNOLOGIES COM	Common	00846U101	46,928	817	SH		DFND	0	0	817	0
AKORN INC.	Common	009728106	1,330	40	SH		DFND	0	0	40	0
ALCOA INC COM	Common	013817101	26,399,017	1,772,936	SH		DFND	0	0	1,772,936	0
ALLSTATE CORP COM	Common	020002101	38,893,309	662,352	SH		DFND	0	0	662,352	0
ALTRIA GROUP INC COM	Common	02209S103	4,824,945	115,044	SH		DFND	0	0	115,044	0
AMAZON COM INC COM	Common	023135106	39,141,511	120,517	SH		DFND	0	0	120,517	0
AMERCO	Common	023586100	3,198	11	SH		DFND	0	0	11	0
AMERICAN EQTY INVT LIFE HLD CO COM	Common	025676206	2,460	100	SH		DFND	0	0	100	0
AMERICAN EXPRESS CO COM	Common	025816109	1,280,555	13,498	SH		DFND	0	0	13,498	0
AMERICAN INTL GROUP INC COM NEW	Common	026874784	43,475,917	796,554	SH		DFND	0	0	796,554	0
AMGEN INC COM	Common	031162100	39,535	334	SH		DFND	0	0	334	0
ANNTAYLOR STORES CORP.	Common	035623107	2,591	63	SH		DFND	0	0	63	0
APARTMENT INVT & MGMT CL A	Common	03748R101	2,809,845	87,073	SH		DFND	0	0	87,073	0
APPLE INC COM	Common	037833100	76,507,038	823,276	SH		DFND	0	0	823,276	0
ARCHER DANIELS MIDLAND CO COM	Common	039483102	1,094,457	24,812	SH		DFND	0	0	24,812	0
ASPEN TECHNOLOGY INC	Common	045327103	3,294	71	SH		DFND	0	0	71	0
AT&T INC COM	Common	00206R102	107,140	3,030	SH		DFND	0	0	3,030	0
AUTOMATIC DATA PROCESS COM	Common	053015103	72,937	920	SH		DFND	0	0	920	0
AUXILIUM PHARMACEUTICALS INC.	Common	05334D107	1,624	81	SH		DFND	0	0	81	0
AXIS CAPITAL HOLDINGS LTD.	Common	G0692U109	1,771	40	SH		DFND	0	0	40	0
BAKER HUGHES INC COM	Common	057224107	4,689,382	62,987	SH		DFND	0	0	62,987	0
BANK OF AMERICA CORPORATION COM	Common	060505104	7,213,848	469,346	SH		DFND	0	0	469,346	0
BANK OF NEW YORK MELLON CORP COM	Common	064058100	2,299,323	61,348	SH		DFND	0	0	61,348	0
BARNES & NOBLE INC.	Common	067774109	1,321	58	SH		DFND	0	0	58	0
BAXTER INTL INC COM	Common	071813109	53,285	737	SH		DFND	0	0	737	0
BB&T CORP	Common	054937107	39,901,622	1,011,961	SH		DFND	0	0	1,011,961	0
BEST BUY INC COM	Common	086516101	52,189	1,683	SH		DFND	0	0	1,683	0
BIOGEN IDEC INC COM	Common	09062X103	32,131,980	101,906	SH		DFND	0	0	101,906	0
BLACKBAUD INC	Common	09227Q100	714	20	SH		DFND	0	0	20	0
BLOCK H & R INC COM	Common	093671105	86,079	2,568	SH		DFND	0	0	2,568	0
BLUCORA INC COM	Common	095229100	1,566	83	SH		DFND	0	0	83	0
BOEING CO COM	Common	097023105	39,700,849	312,040	SH		DFND	0	0	312,040	0
BRISTOL MYERS SQUIBB CO COM	Common	110122108	68,205	1,406	SH		DFND	0	0	1,406	0
BROADCOM CORP CL A	Common	111320107	123,943	3,339	SH		DFND	0	0	3,339	0
BROCADE COMMUNICATION SYSTEMS INC	Common	111621306	4,618	502	SH		DFND	0	0	502	0
BRUKER CORP COM	Common	116794108	4,538	187	SH		DFND	0	0	187	0
CA INC COM	Common	12673P105	3,414,915	118,821	SH		DFND	0	0	118,821	0
CADENCE DESIGN SYSTEMS INC.	Common	127387108	4,967	284	SH		DFND	0	0	284	0
CALIFORNIA WATER SERVICE GROUP	Common	130788102	2,613	108	SH		DFND	0	0	108	0
CAMERON INTERNATIONAL CORP COM	Common	13342B105	1,291,703	19,077	SH		DFND	0	0	19,077	0
CAPITAL ONE FINL CORP COM	Common	14040H105	48,233,031	583,935	SH		DFND	0	0	583,935	0
CARDTRONICS INC COM	Common	14161H108	2,419	71	SH		DFND	0	0	71	0
CATERPILLAR INC DEL COM	Common	149123101	114,972	1,058	SH		DFND	0	0	1,058	0
CBOE HOLDINGS INC	Common	12503M108	2,362	48	SH		DFND	0	0	48	0
CBRE Group Inc	Common	12504L109	2,588,703	80,796	SH		DFND	0	0	80,796	0
CENTENE CORP	Common	15135B101	3,553	47	SH		DFND	0	0	47	0
CF INDS HLDGS INC COM	Common	125269100	4,054,854	16,858	SH		DFND	0	0	16,858	0
CHARLES RIVER LABORATORIES INT'L INC	Common	159864107	2,568	48	SH		DFND	0	0	48	0
CHATHAM LODGING TR COM	Common	16208T102	2,321	106	SH		DFND	0	0	106	0
CHESAPEAKE LODGING TR SH BEN INT	Common	165240102	4,625	153	SH		DFND	0	0	153	0
CHEVRON CORP NEW COM	Common	166764100	3,559,445	27,265	SH		DFND	0	0	27,265	0
CIGNA CORP COM	Common	125509109	4,728,453	51,413	SH		DFND	0	0	51,413	0
CISCO SYS INC COM	Common	17275R102	6,475,189	260,571	SH		DFND	0	0	260,571	0
CITIGROUP INC COM	Common	172967424	3,628,584	77,040	SH		DFND	0	0	77,040	0
COCA COLA CO COM	Common	191216100	113,143	2,671	SH		DFND	0	0	2,671	0
COCA COLA ENTERPRISES INC NEW COM	Common	19122T109	85,335	1,786	SH		DFND	0	0	1,786	0
COMCAST CORP NEW CL A	Common	20030N101	5,533,441	103,082	SH		DFND	0	0	103,082	0
COMPUTER SCIENCES CORP COM	Common	205363104	1,123,506	17,777	SH		DFND	0	0	17,777	0
CONAGRA FOODS INC COM	Common	205887102	1,086,673	36,613	SH		DFND	0	0	36,613	0
CONSTELLATION BRANDS CL A	Common	21036P108	2,499,631	28,363	SH		DFND	0	0	28,363	0
COUSINS PROPERTIES INC.	Common	222795106	4,768	383	SH		DFND	0	0	383	0
COVANCE INC.	Common	222816100	4,792	56	SH		DFND	0	0	56	0
CSX CORP COM	Common	126408103	94,401	3,064	SH		DFND	0	0	3,064	0
CVS CAREMARK CORPORATION COM	Common	126650100	39,216,744	520,323	SH		DFND	0	0	520,323	0
D R HORTON INC COM	Common	23331A109	1,051,384	42,774	SH		DFND	0	0	42,774	0
DELTA AIR LINES DEL COM	Common	247361702	3,923,032	101,318	SH		DFND	0	0	101,318	0
DELUXE CORP COM	Common	248019101	4,803	82	SH		DFND	0	0	82	0
DISCOVER FINL SVCS COM	Common	254709108	2,362,801	38,122	SH		DFND	0	0	38,122	0
DISNEY WALT CO COM DISNEY	Common	254687106	1,479,186	17,252	SH		DFND	0	0	17,252	0
DOW CHEM CO COM	Common	260543103	71,323	1,386	SH		DFND	0	0	1,386	0
DR PEPPER SNAPPLE GROUP INC COM	Common	26138E109	3,784,560	64,605	SH		DFND	0	0	64,605	0
DST SYS INC DEL COM	Common	233326107	2,488	27	SH		DFND	0	0	27	0
DUKE ENERGY CORP NEW COM NEW	Common	26441C204	31,622,597	426,238	SH		DFND	0	0	426,238	0
E M C CORP MASS COM	Common	268648102	4,384,029	166,440	SH		DFND	0	0	166,440	0
E TRADE FINANCIAL CORP COM	Common	269246401	3,550	167	SH		DFND	0	0	167	0
EATON CORP PLC	Common	G29183103	70,388	912	SH		DFND	0	0	912	0
EDISON INTL COM	Common	281020107	28,648	493	SH		DFND	0	0	493	0
ELECTRONICS FOR IMAGING INC.	Common	286082102	3,796	84	SH		DFND	0	0	84	0
EMERSON ELEC CO COM	Common	291011104	95,823	1,444	SH		DFND	0	0	1,444	0
ENDO INTL PLC	Common	G30401106	4,271	61	SH		DFND	0	0	61	0
ENTERGY CORP NEW COM	Common	29364G103	3,792,640	46,201	SH		DFND	0	0	46,201	0
EOG RES INC COM	Common	26875P101	44,860,567	383,883	SH		DFND	0	0	383,883	0
EQUIFAX INC COM	Common	294429105	3,627	50	SH		DFND	0	0	50	0
EXELON CORP COM	Common	30161N101	3,293,961	90,295	SH		DFND	0	0	90,295	0
EXXON MOBIL CORP COM	Common	30231G102	1,182,486	11,745	SH		DFND	0	0	11,745	0
FACEBOOK, INC	Common	30303M102	45,023,469	669,096	SH		DFND	0	0	669,096	0
FEDERAL SIGNAL CORP.	Common	313855108	2,387	163	SH		DFND	0	0	163	0
FIFTH THIRD BANCORP COM	Common	316773100	2,136,942	100,091	SH		DFND	0	0	100,091	0
FINANCIAL ENGINES INC COM	Common	317485100	1,720	38	SH		DFND	0	0	38	0
FIRST COMMONWEALTH FINANCIAL CORP. (PENNSY	Common	319829107	2,526	274	SH		DFND	0	0	274	0
FIRST NIAGARA FINCL GROUP INC	Common	33582V108	2,508	287	SH		DFND	0	0	287	0
FIRST SOLAR INC.	Common	336433107	98,560	1,387	SH		DFND	0	0	1,387	0
FLUOR CORP NEW COM	Common	343412102	24,756,032	321,925	SH		DFND	0	0	321,925	0
FMC TECHNOLOGIES INC	Common	30249U101	3,423,217	56,054	SH		DFND	0	0	56,054	0
FNB CORP PA COM	Common	302520101	2,602	203	SH		DFND	0	0	203	0
FOOT LOCKER INC COM	Common	344849104	3,702	73	SH		DFND	0	0	73	0
FORD MTR CO DEL COM PAR $0.01	Common	345370860	1,892,193	109,756	SH		DFND	0	0	109,756	0
FORTUNE BRANDS HOME&SECURITY	Common	34964C106	13,346,442	334,246	SH		DFND	0	0	334,246	0
FRANKLIN RES INC COM	Common	354613101	33,493,755	579,076	SH		DFND	0	0	579,076	0
FREEPORT-MCMORAN, INC.	Common	35671D857	1,442,954	39,533	SH		DFND	0	0	39,533	0
GAMESTOP CORP NEW CL A	Common	36467W109	28,531	705	SH		DFND	0	0	705	0
GAP INC DEL COM	Common	364760108	1,763,898	42,432	SH		DFND	0	0	42,432	0
GARMIN LTD.	Common	H2906T109	2,166,943	35,582	SH		DFND	0	0	35,582	0
GENERAL DYNAMICS CORP COM	Common	369550108	29,254	251	SH		DFND	0	0	251	0
GENERAL GROWTH PPTYS INC NEW COM	Common	370023103	4,177,965	177,333	SH		DFND	0	0	177,333	0
GENERAL MLS INC COM	Common	370334104	1,507,845	28,699	SH		DFND	0	0	28,699	0
GENERAL MTRS CORP COM	Common	37045V100	26,573,124	732,042	SH		DFND	0	0	732,042	0
GENTEX CORP	Common	371901109	2,967	102	SH		DFND	0	0	102	0
GENUINE PARTS CO	Common	372460105	64,445	734	SH		DFND	0	0	734	0
GENWORTH FINL INC COM CL A	Common	37247D106	2,436	140	SH		DFND	0	0	140	0
GIBRALTOR INDUSTRIES INC	Common	374689107	853	55	SH		DFND	0	0	55	0
GLOBAL PAYMENTS INC.	Common	37940X102	1,238	17	SH		DFND	0	0	17	0
GOLDMAN SACHS GROUP INC COM	Common	38141G104	2,674,686	15,974	SH		DFND	0	0	15,974	0
GOOGLE INC. - CLASS A	Common	38259P508	50,894,354	87,048	SH		DFND	0	0	87,048	0
GOOGLE INC. - CLASS C	Common	38259P706	27,038	47	SH		DFND	0	0	47	0
GRAND CANYON EDUCATION INC.	Common	38526M106	4,872	106	SH		DFND	0	0	106	0
GREENBRIER COMPANY	Common	393657101	2,246	39	SH		DFND	0	0	39	0
HALLIBURTON CO COM	Common	406216101	36,955,521	520,427	SH		DFND	0	0	520,427	0
HARTFORD FINL SVCS GROUP INC COM	Common	416515104	105,711	2,952	SH		DFND	0	0	2,952	0
HASBRO INC	Common	418056107	72,731	1,371	SH		DFND	0	0	1,371	0
HEALTHSOUTH CORP.	Common	421924309	4,376	122	SH		DFND	0	0	122	0
HEARTLAND PAYMENT SYSTEMS INC.	Common	42235N108	1,772	43	SH		DFND	0	0	43	0
HECLA MINING CO	Common	422704106	1,725	500	SH		DFND	0	0	500	0
HELEN OF TROY CORP.	Common	G4388N106	6,426	106	SH		DFND	0	0	106	0
HELMERICH & PAYNE INC	Common	423452101	4,149,190	35,735	SH		DFND	0	0	35,735	0
HESS CORP COM	Common	42809H107	39,955,416	404,039	SH		DFND	0	0	404,039	0
HFF INC CL A	Common	40418F108	2,900	78	SH		DFND	0	0	78	0
HOME DEPOT INC COM	Common	437076102	4,786,679	59,124	SH		DFND	0	0	59,124	0
HOME LN SERVICING SOLUTIONS LT ORD SHS	Common	G6648D109	4,636	204	SH		DFND	0	0	204	0
HOSPIRA	Common	441060100	28,741,001	559,490	SH		DFND	0	0	559,490	0
HOST HOTEL & RESORT INC	Common	44107P104	3,574,181	162,389	SH		DFND	0	0	162,389	0
HUMANA INC COM	Common	444859102	4,496,127	35,203	SH		DFND	0	0	35,203	0
HUNTINGTON BANCSHARES INC	Common	446150104	1,517,709	159,089	SH		DFND	0	0	159,089	0
Hyster-Yale Materials Handling Inc	Common	449172105	2,213	25	SH		DFND	0	0	25	0
IDEX CORP	Common	45167R104	3,229	40	SH		DFND	0	0	40	0
ILLINOIS TOOL WKS INC COM	Common	452308109	1,115,076	12,735	SH		DFND	0	0	12,735	0
INSIGHT ENTERPRISES INC	Common	45765U103	2,705	88	SH		DFND	0	0	88	0
INTEL CORP COM	Common	458140100	2,318,210	75,023	SH		DFND	0	0	75,023	0
INTERNATIONAL BUSINESS MACHS COM	Common	459200101	2,993,855	16,516	SH		DFND	0	0	16,516	0
INTERVAL LEISURE GROUP INC.	Common	46113M108	1,689	77	SH		DFND	0	0	77	0
INTL PAPER CO COM	Common	460146103	1,217,538	24,124	SH		DFND	0	0	24,124	0
INVESCO MORTGAGE CAPITAL INC.	Common	46131B100	2,378	137	SH		DFND	0	0	137	0
ION GEOPHYSICAL CORP	Common	462044108	2,430	576	SH		DFND	0	0	576	0
IPC THE HOSPITALIST CO. INC.	Common	44984A105	1,813	41	SH		DFND	0	0	41	0
J2 GLOBAL COMMUNICATIONS	Common	48123V102	5,543	109	SH		DFND	0	0	109	0
JABIL CIRCUIT INC COM	Common	466313103	3,030	145	SH		DFND	0	0	145	0
JACK HENRY & ASSOCIATES INC.	Common	426281101	4,754	80	SH		DFND	0	0	80	0
JETBLUE AIRWAYS CORP	Common	477143101	7,801	719	SH		DFND	0	0	719	0
JOHNSON & JOHNSON COM	Common	478160104	11,168,498	106,753	SH		DFND	0	0	106,753	0
JOY GLOBAL INC COM	Common	481165108	1,592,520	25,861	SH		DFND	0	0	25,861	0
JPMORGAN CHASE & CO COM	Common	46625H100	6,119,186	106,199	SH		DFND	0	0	106,199	0
KEURIG GREEN MOUNTAIN, INC	Common	49271M100	1,869	15	SH		DFND	0	0	15	0
KEYCORP NEW COM	Common	493267108	1,384,736	96,632	SH		DFND	0	0	96,632	0
KIMBERLY CLARK CORP COM	Common	494368103	1,608,463	14,462	SH		DFND	0	0	14,462	0
KROGER CO COM	Common	501044101	43,503,293	880,099	SH		DFND	0	0	880,099	0
L-3 COMMUNICATIONS HLDGS INC COM	Common	502424104	3,802,659	31,492	SH		DFND	0	0	31,492	0
LA Z BOY INC COM	Common	505336107	1,923	83	SH		DFND	0	0	83	0
LAM RESEARCH CORP COM	Common	512807108	28,499,432	421,714	SH		DFND	0	0	421,714	0
LANNETT CO. INC.	Common	516012101	2,828	57	SH		DFND	0	0	57	0
LEGGETT & PLATT INC	Common	524660107	96,841	2,825	SH		DFND	0	0	2,825	0
LENNOX INTERNATIONAL INC.	Common	526107107	626	7	SH		DFND	0	0	7	0
LEXMARK INTL NEW CL A	Common	529771107	2,504	52	SH		DFND	0	0	52	0
LILLY ELI & CO COM	Common	532457108	5,296,635	85,196	SH		DFND	0	0	85,196	0
LINCOLN NATIONAL CORP	Common	534187109	1,286	25	SH		DFND	0	0	25	0
LKQ CORP.	Common	501889208	4,670	175	SH		DFND	0	0	175	0
LOCKHEED MARTIN CORP COM	Common	539830109	4,924,285	30,637	SH		DFND	0	0	30,637	0
LOWES COS INC COM	Common	548661107	2,392,013	49,844	SH		DFND	0	0	49,844	0
LYONDELLBASELL INDUSTRIES	Common	N53745100	32,902,776	336,946	SH		DFND	0	0	336,946	0
MACYS INC COM	Common	55616P104	4,255,999	73,354	SH		DFND	0	0	73,354	0
MAGELLAN HEALTH, INC	Common	559079207	3,609	58	SH		DFND	0	0	58	0
MANHATTAN ASSOCIATES INC.	Common	562750109	2,410	70	SH		DFND	0	0	70	0
MARATHON OIL CORP COM	Common	565849106	1,109,496	27,793	SH		DFND	0	0	27,793	0
MARATHON PETROLEUM CORP	Common	56585A102	885,548	11,343	SH		DFND	0	0	11,343	0
MARRIOTT INTL INC NEW CL A	Common	571903202	3,651,905	56,972	SH		DFND	0	0	56,972	0
Marriott Vacations Worldwide	Common	57164Y107	1,993	34	SH		DFND	0	0	34	0
MARSH & MCLENNAN COS COM	Common	571748102	101,204	1,953	SH		DFND	0	0	1,953	0
MASTERCARD INC CL A	Common	57636Q104	32,594,451	443,643	SH		DFND	0	0	443,643	0
MCDONALDS CORP COM	Common	580135101	101,848	1,011	SH		DFND	0	0	1,011	0
MCKESSON CORP COM	Common	58155Q103	42,828	230	SH		DFND	0	0	230	0
MDU RESOURCES GROUP INC.	Common	552690109	4,914	140	SH		DFND	0	0	140	0
MEDTRONIC INC COM	Common	585055106	1,676,377	26,292	SH		DFND	0	0	26,292	0
MERCK & CO INC NEW COM	Common	58933Y105	1,391,176	24,048	SH		DFND	0	0	24,048	0
Meritor Inc	Common	59001K100	5,020	385	SH		DFND	0	0	385	0
METTLER TOLEDO INTERNATIONAL COM	Common	592688105	1,265	5	SH		DFND	0	0	5	0
MICHAEL KORS	Common	G60754101	3,529,422	39,813	SH		DFND	0	0	39,813	0
MICRON TECHNOLOGY INC COM	Common	595112103	105,341	3,197	SH		DFND	0	0	3,197	0
MICROSOFT CORP COM	Common	594918104	59,959,095	1,437,868	SH		DFND	0	0	1,437,868	0
MOLSON COORS BREWING CO CL B	Common	60871R209	1,270,731	17,135	SH		DFND	0	0	17,135	0
MONSANTO CO	Common	61166W101	4,337,334	34,771	SH		DFND	0	0	34,771	0
MONSTER BEVERAGE CORPORATION	Common	611740101	14,814,727	208,570	SH		DFND	0	0	208,570	0
MONTPELIER RE HOLDINGS LTD.	Common	G62185106	7,092	222	SH		DFND	0	0	222	0
MORGAN STANLEY COM NEW	Common	617446448	1,194,173	36,937	SH		DFND	0	0	36,937	0
MYLAN INC COM	Common	628530107	29,500,002	572,149	SH		DFND	0	0	572,149	0
MYRIAD GENETICS INC	Common	62855J104	1,829	47	SH		DFND	0	0	47	0
NABORS INDUSTRIES LTD SHS	Common	G6359F103	22,512,516	766,514	SH		DFND	0	0	766,514	0
NATIONAL OILWELL VARCO INC COM	Common	637071101	3,900,919	47,370	SH		DFND	0	0	47,370	0
NETWORK APPLIANCE INC COM	Common	64110D104	50,726	1,389	SH		DFND	0	0	1,389	0
NEW JERSEY RESOURCES CORP	Common	646025106	7,430	130	SH		DFND	0	0	130	0
NORTEK INC COM NEW	Common	656559309	2,692	30	SH		DFND	0	0	30	0
NORTHROP GRUMMAN CORP COM	Common	666807102	4,055,337	33,899	SH		DFND	0	0	33,899	0
NRG ENERGY INC COM NEW	Common	629377508	3,814,674	102,545	SH		DFND	0	0	102,545	0
NVIDIA CORP COM	Common	67066G104	3,769,905	203,339	SH		DFND	0	0	203,339	0
OCCIDENTAL PETE CORP DEL COM	Common	674599105	112,687	1,098	SH		DFND	0	0	1,098	0
OFFICE DEPOT INC	Common	676220106	751	132	SH		DFND	0	0	132	0
OLD DOMINION FREIGHT LINE INC.	Common	679580100	4,648	73	SH		DFND	0	0	73	0
OLD NATIONAL BANCORP	Common	680033107	3,441	241	SH		DFND	0	0	241	0
OMNICOM GROUP INC COM	Common	681919106	78,128	1,097	SH		DFND	0	0	1,097	0
ORACLE CORP COM	Common	68389X105	42,621,793	1,051,611	SH		DFND	0	0	1,051,611	0
ORMAT TECHNOLOGIES INC.	Common	686688102	1,326	46	SH		DFND	0	0	46	0
OTTER TAIL CORP	Common	689648103	2,514	83	SH		DFND	0	0	83	0
PACKAGING CORP OF AMERICA	Common	695156109	4,932	69	SH		DFND	0	0	69	0
Palo Alto Networks Inc	Common	697435105	8,186,694	97,635	SH		DFND	0	0	97,635	0
PAREXEL INTERNATIONAL CORP	Common	699462107	6,763	128	SH		DFND	0	0	128	0
PATTERSON UTI ENERGY INC COM	Common	703481101	2,900	83	SH		DFND	0	0	83	0
PAYCHEX INC COM	Common	704326107	93,967	2,261	SH		DFND	0	0	2,261	0
PDL BIOPHARMA INC.	Common	69329Y104	1,848	191	SH		DFND	0	0	191	0
PENN VA CORP COM	Common	707882106	1,593	94	SH		DFND	0	0	94	0
PENNANTPARK INVESTMENT CORP.	Common	708062104	538	47	SH		DFND	0	0	47	0
PENNYMAC MORTGAGE INVESTMENT TRUST	Common	70931T103	4,146	189	SH		DFND	0	0	189	0
PEPSICO INC COM	Common	713448108	98,452	1,102	SH		DFND	0	0	1,102	0
PERKINELMER INC COM	Common	714046109	1,816,689	38,785	SH		DFND	0	0	38,785	0
PFIZER INC COM	Common	717081103	59,093,443	1,991,019	SH		DFND	0	0	1,991,019	0
PHILLIPS 66	Common	718546104	58,874	732	SH		DFND	0	0	732	0
PIPER JAFFRAY COS.	Common	724078100	2,847	55	SH		DFND	0	0	55	0
POPULAR INC.	Common	733174700	26,314,122	769,869	SH		DFND	0	0	769,869	0
PORTFOLIO RECOVERY ASSOCIATES INC.	Common	73640Q105	1,845	31	SH		DFND	0	0	31	0
PRECISION CASTPARTS CORP	Common	740189105	29,326,860	116,192	SH		DFND	0	0	116,192	0
PRICE T ROWE GROUP INC COM	Common	74144T108	62,210	737	SH		DFND	0	0	737	0
PROCTER & GAMBLE CO COM	Common	742718109	56,362,390	717,170	SH		DFND	0	0	717,170	0
PROGRESS SOFTWARE CORP.	Common	743312100	2,355	98	SH		DFND	0	0	98	0
PUBLIC STORAGE COM	Common	74460D109	2,115,829	12,348	SH		DFND	0	0	12,348	0
PUBLIC SVC ENTERPRISE GROUP COM	Common	744573106	3,812,845	93,475	SH		DFND	0	0	93,475	0
QLOGIC CORP COM	Common	747277101	2,159	214	SH		DFND	0	0	214	0
QUALCOMM INC COM	Common	747525103	45,462,384	574,020	SH		DFND	0	0	574,020	0
QUANTA SERVICES INC.	Common	74762E102	29,220	845	SH		DFND	0	0	845	0
QUEST DIAGNOSTICS INC COM	Common	74834L100	3,930,938	66,978	SH		DFND	0	0	66,978	0
RAYTHEON CO COM NEW	Common	755111507	4,112,320	44,578	SH		DFND	0	0	44,578	0
REGIONS FINANCIAL CORP	Common	7591EP100	1,008,305	94,944	SH		DFND	0	0	94,944	0
RESOURCE CAPITAL CORP.	Common	76120W302	2,364	420	SH		DFND	0	0	420	0
Sabra Healthcare REIT Inc.	Common	78573L106	2,440	85	SH		DFND	0	0	85	0
SAFEWAY INC COM NEW	Common	786514208	62,704	1,826	SH		DFND	0	0	1,826	0
SCANA CORP NEW COM	Common	80589M102	335,290	6,231	SH		DFND	0	0	6,231	0
SCHLUMBERGER LTD COM	Common	806857108	219,387	1,860	SH		DFND	0	0	1,860	0
SCHWAB CHARLES CP NEW COM	Common	808513105	1,906,590	70,798	SH		DFND	0	0	70,798	0
SEAGATE TECHNOLOGY INC.	Common	G7945M107	67,786	1,193	SH		DFND	0	0	1,193	0
SINCLAIR BROADCAST GROUP INC CL A	Common	829226109	1,876	54	SH		DFND	0	0	54	0
SKECHERS U S A INC CL A	Common	830566105	7,174	157	SH		DFND	0	0	157	0
SKYWEST INC.	Common	830879102	1,955	160	SH		DFND	0	0	160	0
SNAP ON INC COM	Common	833034101	2,531,587	21,360	SH		DFND	0	0	21,360	0
SOUTHWEST AIRLS CO COM	Common	844741108	26,365,453	981,588	SH		DFND	0	0	981,588	0
SOVRAN SELF STORAGE INC.	Common	84610H108	1,158	15	SH		DFND	0	0	15	0
Spirit Airlines Inc	Common	848577102	8,031	127	SH		DFND	0	0	127	0
STAG Industrial Inc	Common	85254J102	1,920	80	SH		DFND	0	0	80	0
STARBUCKS CORP COM	Common	855244109	43,628,546	563,822	SH		DFND	0	0	563,822	0
STARWOOD HOTELS & RESORTS WORLDWIDE INC	Common	85590A401	28,451,064	352,030	SH		DFND	0	0	352,030	0
STILLWATER MINING CO.	Common	86074Q102	2,193	125	SH		DFND	0	0	125	0
SUNSTONE HOTEL INVS INC NEW COM	Common	867892101	3,478	233	SH		DFND	0	0	233	0
SUPERIOR INDUSTRIES INTERNATIONAL INC.	Common	868168105	1,752	85	SH		DFND	0	0	85	0
SUPERVALU INC COM	Common	868536103	5,680	691	SH		DFND	0	0	691	0
SYMANTEC CORP COM	Common	871503108	4,774,077	208,475	SH		DFND	0	0	208,475	0
SYNAPTICS INC COM	Common	87157D109	3,806	42	SH		DFND	0	0	42	0
SYNNEX CORP	Common	87162W100	7,139	98	SH		DFND	0	0	98	0
SYSCO CORP COM	Common	871829107	61,829	1,651	SH		DFND	0	0	1,651	0
TARGET CORP COM	Common	87612E106	73,770	1,273	SH		DFND	0	0	1,273	0
TD AMERITRADE HOLDING CORP.	Common	87236Y108	21,324,364	680,203	SH		DFND	0	0	680,203	0
TENNECO AUTOMOTIVE INC COM	Common	880349105	4,796	73	SH		DFND	0	0	73	0
TERADYNE INC COM	Common	880770102	3,528	180	SH		DFND	0	0	180	0
TEREX CORP	Common	880779103	19,120,418	465,217	SH		DFND	0	0	465,217	0
TESCO CORP COM	Common	88157K101	2,646	124	SH		DFND	0	0	124	0
TETRA TECH INC NEW COM	Common	88162G103	2,392	87	SH		DFND	0	0	87	0
TEXAS INSTRS INC COM	Common	882508104	78,136	1,635	SH		DFND	0	0	1,635	0
TIVO INC COM	Common	888706108	1,549	120	SH		DFND	0	0	120	0
TJX COS INC NEW COM	Common	872540109	3,693,021	69,483	SH		DFND	0	0	69,483	0
TOMPKINTRUSTCO INC	Common	890110109	2,312	48	SH		DFND	0	0	48	0
TRAVELERS COMPANIES INC COM	Common	89417E109	2,002,750	21,290	SH		DFND	0	0	21,290	0
TRINITY INDS INC COM	Common	896522109	4,459	102	SH		DFND	0	0	102	0
TRUSTCO BK CORP N Y COM	Common	898349105	2,231	334	SH		DFND	0	0	334	0
TYSON FOODS INC CL A	Common	902494103	3,526,807	93,948	SH		DFND	0	0	93,948	0
U.S. PHYSICAL THERAPY INC.	Common	90337L108	2,017	59	SH		DFND	0	0	59	0
UBIQUITI NETWORKS INC	Common	90347A100	2,304	51	SH		DFND	0	0	51	0
UGI CORP	Common	902681105	4,747	94	SH		DFND	0	0	94	0
UNITED COMMUNITY BANKS INC.	Common	90984P303	2,242	137	SH		DFND	0	0	137	0
UNITED THERAPEUTICS CORP	Common	91307C102	2,300	26	SH		DFND	0	0	26	0
UNITEDHEALTH GROUP INC COM	Common	91324P102	2,653,278	32,456	SH		DFND	0	0	32,456	0
UNUM GROUP COM	Common	91529Y106	997,194	28,688	SH		DFND	0	0	28,688	0
VALERO ENERGY CORP NEW COM	Common	91913Y100	20,226,221	403,717	SH		DFND	0	0	403,717	0
VECTREN CORP.	Common	92240G101	4,802	113	SH		DFND	0	0	113	0
VERIZON COMMUNICATIONS INC COM	Common	92343V104	37,397,492	764,306	SH		DFND	0	0	764,306	0
VIACOM INC NEW CL B	Common	92553P201	2,821,066	32,527	SH		DFND	0	0	32,527	0
VISTAPRINT LIMITED	Common	N93540107	4,855	120	SH		DFND	0	0	120	0
WADDELL & REED FINANCIAL INC. (CL A)	Common	930059100	4,318	69	SH		DFND	0	0	69	0
WAL MART STORES INC COM	Common	931142103	59,680	795	SH		DFND	0	0	795	0
WELLPOINT INC COM	Common	94973V107	4,181,939	38,862	SH		DFND	0	0	38,862	0
WELLS FARGO & CO NEW COM	Common	949746101	149,953	2,853	SH		DFND	0	0	2,853	0
WENDYS INTL INC COM	Common	95058W100	4,171	489	SH		DFND	0	0	489	0
WESTERN UN CO COM	Common	959802109	3,474,138	200,354	SH		DFND	0	0	200,354	0
WEYERHAEUSER CO COM	Common	962166104	4,304,314	130,079	SH		DFND	0	0	130,079	0
WHITING PETROLEUM CORP	Common	966387102	24,206,289	301,636	SH		DFND	0	0	301,636	0
WILLIAMS-SONOMA INC.	Common	969904101	29,416,233	409,811	SH		DFND	0	0	409,811	0
WISCONSIN ENERGY CORP COM	Common	976657106	107,587	2,293	SH		DFND	0	0	2,293	0
WISDOMTREE INVTS INC COM	Common	97717P104	1,792	145	SH		DFND	0	0	145	0
WYNDHAM WORLDWIDE CORP COM	Common	98310W108	1,295,493	17,109	SH		DFND	0	0	17,109	0
WYNN RESORTS LTD.	Common	983134107	1,666,706	8,030	SH		DFND	0	0	8,030	0
XEROX CORP COM	Common	984121103	26,534	2,133	SH		DFND	0	0	2,133	0
XL GROUP PLC SHS	Common	G98290102	40,421	1,235	SH		DFND	0	0	1,235	0
ZIMMER HLDGS INC COM	Common	98956P102	40,609	391	SH		DFND	0	0	391	0
ISHARES BARCLAYS MBS BOND	Common	464288588	541,100	5,000	SH		DFND	0	0	5,000	0
ISHARES FLOATING	Common	46429B655	10,160	200	SH		DFND	0	0	200	0
ISHARES INTERM CR BD ETF	Common	464288638	26,445	240	SH		DFND	0	0	240	0
ISHARES INTERMEDIATE	Common	464288612	83,167	750	SH		DFND	0	0	750	0