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	117,324	714	SH		DFND	0	0	714	0
ABBVIE INC	Common	00287Y109	6,624,622	101,232	SH		DFND	0	0	101,232	0
ACCENTURE PLC IRELAND SHS CLASS A	Common	G1151C101	32,240	361	SH		DFND	0	0	361	0
ACE LTD	Common	H0023R105	62,609	545	SH		DFND	0	0	545	0
ADT CORPORATION	Common	00101J106	2,043,661	56,408	SH		DFND	0	0	56,408	0
ADVANCE AUTO PARTS INC.	Common	00751Y106	18,241,382	114,524	SH		DFND	0	0	114,524	0
AETNA INC NEW COM	Common	00817Y108	44,670,919	502,881	SH		DFND	0	0	502,881	0
AFFILIATED MANAGER GROUP INC	Common	008252108	20,842,816	98,204	SH		DFND	0	0	98,204	0
AFLAC INC COM	Common	001055102	122,668	2,008	SH		DFND	0	0	2,008	0
AKORN INC.	Common	009728106	1,448	40	SH		DFND	0	0	40	0
ALCOA INC COM	Common	013817101	25,610,037	1,621,915	SH		DFND	0	0	1,621,915	0
ALLEGION	Common	G0176J109	2,052	37	SH		DFND	0	0	37	0
ALLISON TRANSMISSION HOLDINGS INC	Common	01973R101	29,398,452	867,211	SH		DFND	0	0	867,211	0
ALLSTATE CORP COM	Common	020002101	40,101,439	570,839	SH		DFND	0	0	570,839	0
ALTRIA GROUP INC COM	Common	02209S103	5,668,217	115,044	SH		DFND	0	0	115,044	0
AMAZON COM INC COM	Common	023135106	32,282,607	104,020	SH		DFND	0	0	104,020	0
AMERICAN ELECTRIC POWER CO INC	Common	025537101	1,508,284	24,840	SH		DFND	0	0	24,840	0
AMERICAN EQTY INVT LIFE HLD CO COM	Common	025676206	2,919	100	SH		DFND	0	0	100	0
AMERICAN EXPRESS CO COM	Common	025816109	1,255,853	13,498	SH		DFND	0	0	13,498	0
AMERICAN INTL GROUP INC COM NEW	Common	026874784	2,461,023	43,939	SH		DFND	0	0	43,939	0
AMERIPRISE FINL INC COM	Common	03076C106	24,730	187	SH		DFND	0	0	187	0
AMGEN INC COM	Common	031162100	163,112	1,024	SH		DFND	0	0	1,024	0
AMSURG CORP.	Common	03232P405	2,627	48	SH		DFND	0	0	48	0
AMTRUST FINANCIAL SERVICES INC.	Common	032359309	2,081	37	SH		DFND	0	0	37	0
ANTHEM INC	Common	036752103	4,863,303	38,699	SH		DFND	0	0	38,699	0
APARTMENT INVT & MGMT CL A	Common	03748R101	3,298,474	88,788	SH		DFND	0	0	88,788	0
APPLE INC COM	Common	037833100	69,849,788	632,812	SH		DFND	0	0	632,812	0
ARCHER DANIELS MIDLAND CO COM	Common	039483102	5,241,028	100,789	SH		DFND	0	0	100,789	0
ASPEN TECHNOLOGY INC	Common	045327103	1,575	45	SH		DFND	0	0	45	0
AT&T INC COM	Common	00206R102	95,697	2,849	SH		DFND	0	0	2,849	0
AUTOMATIC DATA PROCESS COM	Common	053015103	74,616	895	SH		DFND	0	0	895	0
AUXILIUM PHARMACEUTICALS INC.	Common	05334D107	1,547	45	SH		DFND	0	0	45	0
AVON PRODUCTS INC	Common	054303102	69,147	7,364	SH		DFND	0	0	7,364	0
AXIS CAPITAL HOLDINGS LTD.	Common	G0692U109	2,145	42	SH		DFND	0	0	42	0
BAKER HUGHES INC COM	Common	057224107	1,211,953	21,615	SH		DFND	0	0	21,615	0
BANK OF AMERICA CORPORATION COM	Common	060505104	42,488	2,375	SH		DFND	0	0	2,375	0
BANK OF NEW YORK MELLON CORP COM	Common	064058100	2,480,449	61,140	SH		DFND	0	0	61,140	0
BARNES & NOBLE INC.	Common	067774109	1,346	58	SH		DFND	0	0	58	0
BED BATH & BEYOND INC COM	Common	075896100	80,435	1,056	SH		DFND	0	0	1,056	0
BENCHMARK ELECTRONIC INC	Common	08160H101	1,424	56	SH		DFND	0	0	56	0
BEST BUY INC COM	Common	086516101	4,823,697	123,748	SH		DFND	0	0	123,748	0
BIOGEN IDEC INC COM	Common	09062X103	21,873,479	64,438	SH		DFND	0	0	64,438	0
BLACK HILLS CORP COM	Common	092113109	4,508	85	SH		DFND	0	0	85	0
BLOCK H & R INC COM	Common	093671105	84,166	2,499	SH		DFND	0	0	2,499	0
BLUCORA INC COM	Common	095229100	1,149	83	SH		DFND	0	0	83	0
BOEING CO COM	Common	097023105	41,001,151	315,442	SH		DFND	0	0	315,442	0
BORGWARNER INC.	Common	099724106	16,969,384	308,815	SH		DFND	0	0	308,815	0
BRISTOL MYERS SQUIBB CO COM	Common	110122108	80,753	1,368	SH		DFND	0	0	1,368	0
BROADCOM CORP CL A	Common	111320107	104,035	2,401	SH		DFND	0	0	2,401	0
BROCADE COMMUNICATION SYSTEMS INC	Common	111621306	2,119	179	SH		DFND	0	0	179	0
BRUKER CORP COM	Common	116794108	549	28	SH		DFND	0	0	28	0
CA INC COM	Common	12673P105	3,605,736	118,415	SH		DFND	0	0	118,415	0
CADENCE DESIGN SYSTEMS INC.	Common	127387108	1,517	80	SH		DFND	0	0	80	0
CALIFORNIA RESOURCES CORP	Common	13057Q107	2,336	424	SH		DFND	0	0	424	0
CALIFORNIA WATER SERVICE GROUP	Common	130788102	1,402	57	SH		DFND	0	0	57	0
CAMBREX CORP	Common	132011107	1,513	70	SH		DFND	0	0	70	0
CAMERON INTERNATIONAL CORP COM	Common	13342B105	291,358	5,833	SH		DFND	0	0	5,833	0
CAPITAL ONE FINL CORP COM	Common	14040H105	34,117,254	413,292	SH		DFND	0	0	413,292	0
CARDTRONICS INC COM	Common	14161H108	2,584	67	SH		DFND	0	0	67	0
CATERPILLAR INC DEL COM	Common	149123101	82,743	904	SH		DFND	0	0	904	0
CBRE Group Inc	Common	12504L109	4,709,135	137,493	SH		DFND	0	0	137,493	0
CDW CORPORATION	Common	12514G108	2,004	57	SH		DFND	0	0	57	0
CENTENE CORP	Common	15135B101	4,257	41	SH		DFND	0	0	41	0
CF INDS HLDGS INC COM	Common	125269100	3,774,133	13,848	SH		DFND	0	0	13,848	0
CHARLES RIVER LABORATORIES INT'L INC	Common	159864107	1,909	30	SH		DFND	0	0	30	0
CHATHAM LODGING TR COM	Common	16208T102	2,694	93	SH		DFND	0	0	93	0
CHEVRON CORP NEW COM	Common	166764100	8,189,700	73,005	SH		DFND	0	0	73,005	0
CIGNA CORP COM	Common	125509109	4,576,407	44,470	SH		DFND	0	0	44,470	0
CIMPRESS	Common	N20146101	4,864	65	SH		DFND	0	0	65	0
CISCO SYS INC COM	Common	17275R102	7,153,211	257,171	SH		DFND	0	0	257,171	0
CITIGROUP INC COM	Common	172967424	4,161,654	76,911	SH		DFND	0	0	76,911	0
COCA COLA CO COM	Common	191216100	105,296	2,494	SH		DFND	0	0	2,494	0
COCA COLA ENTERPRISES INC NEW COM	Common	19122T109	67,523	1,527	SH		DFND	0	0	1,527	0
COMCAST CORP NEW CL A	Common	20030N101	5,862,316	101,057	SH		DFND	0	0	101,057	0
COMPUTER SCIENCES CORP COM	Common	205363104	1,160,183	18,401	SH		DFND	0	0	18,401	0
CONAGRA FOODS INC COM	Common	205887102	1,313,880	36,215	SH		DFND	0	0	36,215	0
CONSOLIDATED EDISON COM	Common	209115104	27,222,656	412,402	SH		DFND	0	0	412,402	0
CONSTELLATION BRANDS CL A	Common	21036P108	2,791,856	28,439	SH		DFND	0	0	28,439	0
COUSINS PROPERTIES INC.	Common	222795106	1,804	158	SH		DFND	0	0	158	0
CROCS INC COM	Common	227046109	3,459	277	SH		DFND	0	0	277	0
CVS HEALTH CORPORATION	Common	126650100	46,448,001	482,276	SH		DFND	0	0	482,276	0
Cyrusone Inc	Common	23283R100	2,644	96	SH		DFND	0	0	96	0
DANAHER CORP DEL COM	Common	235851102	30,446,506	355,227	SH		DFND	0	0	355,227	0
DELTA AIR LINES DEL COM	Common	247361702	23,368,742	475,071	SH		DFND	0	0	475,071	0
DELUXE CORP COM	Common	248019101	1,182	19	SH		DFND	0	0	19	0
DISCOVER FINL SVCS COM	Common	254709108	40,139,017	612,903	SH		DFND	0	0	612,903	0
DISNEY WALT CO COM DISNEY	Common	254687106	62,636	665	SH		DFND	0	0	665	0
DR PEPPER SNAPPLE GROUP INC COM	Common	26138E109	4,615,188	64,386	SH		DFND	0	0	64,386	0
DST SYS INC DEL COM	Common	233326107	1,035	11	SH		DFND	0	0	11	0
DU PONT E I DE NEMOURS & CO COM	Common	263534109	81,777	1,106	SH		DFND	0	0	1,106	0
DUKE ENERGY CORP NEW COM NEW	Common	26441C204	1,380,999	16,531	SH		DFND	0	0	16,531	0
E M C CORP MASS COM	Common	268648102	4,927,828	165,697	SH		DFND	0	0	165,697	0
EBAY INC COM	Common	278642103	24,468	436	SH		DFND	0	0	436	0
ELECTRONICS FOR IMAGING INC.	Common	286082102	2,912	68	SH		DFND	0	0	68	0
EMERSON ELEC CO COM	Common	291011104	86,730	1,405	SH		DFND	0	0	1,405	0
ENDO INTL PLC	Common	G30401106	1,803	25	SH		DFND	0	0	25	0
ENTERGY CORP NEW COM	Common	29364G103	4,034,227	46,116	SH		DFND	0	0	46,116	0
EOG RES INC COM	Common	26875P101	31,291,370	339,865	SH		DFND	0	0	339,865	0
EQUIFAX INC COM	Common	294429105	2,102	26	SH		DFND	0	0	26	0
EXELON CORP COM	Common	30161N101	3,348,138	90,295	SH		DFND	0	0	90,295	0
EXPEDIA INC DEL COM	Common	30212P303	2,920,933	34,219	SH		DFND	0	0	34,219	0
EXXON MOBIL CORP COM	Common	30231G102	41,095,874	444,520	SH		DFND	0	0	444,520	0
FACEBOOK INC	Common	30303M102	41,230,995	528,467	SH		DFND	0	0	528,467	0
FEDERAL SIGNAL CORP.	Common	313855108	2,516	163	SH		DFND	0	0	163	0
FIFTH THIRD BANCORP COM	Common	316773100	1,955,042	95,953	SH		DFND	0	0	95,953	0
FIRST COMMONWEALTH FINANCIAL CORP. (PENNSY	Common	319829107	2,526	274	SH		DFND	0	0	274	0
First NBC Bank Holding Company	Common	32115D106	1,619	46	SH		DFND	0	0	46	0
FIRST NIAGARA FINCL GROUP INC	Common	33582V108	2,040	242	SH		DFND	0	0	242	0
FMC TECHNOLOGIES INC	Common	30249U101	3,163,292	67,534	SH		DFND	0	0	67,534	0
FNB CORP PA COM	Common	302520101	2,703	203	SH		DFND	0	0	203	0
FOOT LOCKER INC COM	Common	344849104	2,078	37	SH		DFND	0	0	37	0
FORUM ENERGY TECHNOLOGIES INC COM	Common	34984V100	974	47	SH		DFND	0	0	47	0
FRANKLIN RES INC COM	Common	354613101	679,113	12,265	SH		DFND	0	0	12,265	0
FREEPORT-MCMORAN, INC.	Common	35671D857	923,490	39,533	SH		DFND	0	0	39,533	0
GAMESTOP CORP NEW CL A	Common	36467W109	39,005	1,154	SH		DFND	0	0	1,154	0
GAP INC DEL COM	Common	364760108	1,781,547	42,307	SH		DFND	0	0	42,307	0
GARMIN LTD.	Common	H2906T109	4,279,599	81,007	SH		DFND	0	0	81,007	0
GENERAL DYNAMICS CORP COM	Common	369550108	29,588	215	SH		DFND	0	0	215	0
GENERAL GROWTH PPTYS INC NEW COM	Common	370023103	4,939,431	175,593	SH		DFND	0	0	175,593	0
GENERAL MLS INC COM	Common	370334104	38,290	718	SH		DFND	0	0	718	0
GENERAL MTRS CORP COM	Common	37045V100	1,309,962	37,524	SH		DFND	0	0	37,524	0
GENTEX CORP	Common	371901109	1,481	41	SH		DFND	0	0	41	0
GIBRALTOR INDUSTRIES INC	Common	374689107	894	55	SH		DFND	0	0	55	0
GILEAD SCIENCES INC COM	Common	375558103	29,126,340	309,000	SH		DFND	0	0	309,000	0
GOLDMAN SACHS GROUP INC COM	Common	38141G104	3,088,874	15,936	SH		DFND	0	0	15,936	0
GOOGLE INC. - CLASS A	Common	38259P508	43,595,841	82,154	SH		DFND	0	0	82,154	0
GP STRATEGIES CORP.	Common	36225V104	2,816	83	SH		DFND	0	0	83	0
GRAND CANYON EDUCATION INC.	Common	38526M106	4,572	98	SH		DFND	0	0	98	0
GREENBRIER COMPANY	Common	393657101	2,095	39	SH		DFND	0	0	39	0
HALLIBURTON CO COM	Common	406216101	20,924,503	532,024	SH		DFND	0	0	532,024	0
HARTFORD FINL SVCS GROUP INC COM	Common	416515104	84,505	2,027	SH		DFND	0	0	2,027	0
HCA Holdings Inc	Common	40412C101	22,817,538	310,908	SH		DFND	0	0	310,908	0
HCP INC COM	Common	40414L109	704,171	15,993	SH		DFND	0	0	15,993	0
HEALTHSOUTH CORP.	Common	421924309	1,884	49	SH		DFND	0	0	49	0
HEARTLAND PAYMENT SYSTEMS INC.	Common	42235N108	917	17	SH		DFND	0	0	17	0
HECLA MINING CO	Common	422704106	1,395	500	SH		DFND	0	0	500	0
HELMERICH & PAYNE INC	Common	423452101	1,374,356	20,385	SH		DFND	0	0	20,385	0
HESS CORP COM	Common	42809H107	872,035	11,813	SH		DFND	0	0	11,813	0
HEWLETT PACKARD CO COM	Common	428236103	27,047	674	SH		DFND	0	0	674	0
HFF INC CL A	Common	40418F108	2,801	78	SH		DFND	0	0	78	0
HOME DEPOT INC COM	Common	437076102	34,933,806	332,798	SH		DFND	0	0	332,798	0
HOME LN SERVICING SOLUTIONS LT ORD SHS	Common	G6648D109	1,952	100	SH		DFND	0	0	100	0
HOST HOTEL & RESORT INC	Common	44107P104	4,855,901	204,287	SH		DFND	0	0	204,287	0
HUMANA INC COM	Common	444859102	69,947	487	SH		DFND	0	0	487	0
HUNTINGTON BANCSHARES INC	Common	446150104	1,716,821	163,196	SH		DFND	0	0	163,196	0
Hyster-Yale Materials Handling Inc	Common	449172105	1,830	25	SH		DFND	0	0	25	0
IDEX CORP	Common	45167R104	1,245	16	SH		DFND	0	0	16	0
ILLINOIS TOOL WKS INC COM	Common	452308109	118,185	1,248	SH		DFND	0	0	1,248	0
INSIGHT ENTERPRISES INC	Common	45765U103	2,278	88	SH		DFND	0	0	88	0
INTEL CORP COM	Common	458140100	7,226,500	199,132	SH		DFND	0	0	199,132	0
INTERNATIONAL BUSINESS MACHS COM	Common	459200101	97,226	606	SH		DFND	0	0	606	0
INTERVAL LEISURE GROUP INC.	Common	46113M108	1,608	77	SH		DFND	0	0	77	0
INTL PAPER CO COM	Common	460146103	1,290,742	24,090	SH		DFND	0	0	24,090	0
INVESCO MORTGAGE CAPITAL INC.	Common	46131B100	1,546	100	SH		DFND	0	0	100	0
J2 GLOBAL COMMUNICATIONS	Common	48123V102	3,038	49	SH		DFND	0	0	49	0
JABIL CIRCUIT INC COM	Common	466313103	1,287	59	SH		DFND	0	0	59	0
JACK HENRY & ASSOCIATES INC.	Common	426281101	1,988	32	SH		DFND	0	0	32	0
JETBLUE AIRWAYS CORP	Common	477143101	2,918	184	SH		DFND	0	0	184	0
JOHNSON & JOHNSON COM	Common	478160104	11,100,210	106,151	SH		DFND	0	0	106,151	0
JPMORGAN CHASE & CO COM	Common	46625H100	92,555	1,479	SH		DFND	0	0	1,479	0
Kate Spade & Co	Common	485865109	2,080	65	SH		DFND	0	0	65	0
KELLOGG CO COM	Common	487836108	41,947	641	SH		DFND	0	0	641	0
KEYCORP NEW COM	Common	493267108	1,343,184	96,632	SH		DFND	0	0	96,632	0
KIMBERLY CLARK CORP COM	Common	494368103	1,660,540	14,372	SH		DFND	0	0	14,372	0
KOHLS CORP COM	Common	500255104	60,429	990	SH		DFND	0	0	990	0
KROGER CO COM	Common	501044101	47,377,091	737,846	SH		DFND	0	0	737,846	0
L-3 COMMUNICATIONS HLDGS INC COM	Common	502424104	3,959,964	31,376	SH		DFND	0	0	31,376	0
LA Z BOY INC COM	Common	505336107	2,227	83	SH		DFND	0	0	83	0
LAM RESEARCH CORP COM	Common	512807108	3,804,035	47,946	SH		DFND	0	0	47,946	0
LANNETT CO. INC.	Common	516012101	2,229	52	SH		DFND	0	0	52	0
LEGGETT & PLATT INC	Common	524660107	3,674,217	86,229	SH		DFND	0	0	86,229	0
LEXMARK INTL NEW CL A	Common	529771107	866	21	SH		DFND	0	0	21	0
LILLY ELI & CO COM	Common	532457108	5,825,653	84,442	SH		DFND	0	0	84,442	0
LKQ CORP.	Common	501889208	168	6	SH		DFND	0	0	6	0
LOCKHEED MARTIN CORP COM	Common	539830109	4,993,725	25,932	SH		DFND	0	0	25,932	0
LYONDELLBASELL INDUSTRIES	Common	N53745100	3,151,227	39,693	SH		DFND	0	0	39,693	0
MACYS INC COM	Common	55616P104	4,809,349	73,146	SH		DFND	0	0	73,146	0
MAGELLAN HEALTH, INC	Common	559079207	780	13	SH		DFND	0	0	13	0
MALLINCKRODT PLC	Common	G5785G107	2,277	23	SH		DFND	0	0	23	0
MANHATTAN ASSOCIATES INC.	Common	562750109	2,850	70	SH		DFND	0	0	70	0
MARATHON PETROLEUM CORP	Common	56585A102	32,364,979	358,575	SH		DFND	0	0	358,575	0
MARRIOTT INTL INC NEW CL A	Common	571903202	4,445,525	56,972	SH		DFND	0	0	56,972	0
Marriott Vacations Worldwide	Common	57164Y107	2,534	34	SH		DFND	0	0	34	0
MARSH & MCLENNAN COS COM	Common	571748102	108,813	1,901	SH		DFND	0	0	1,901	0
MASTERCARD INC CL A	Common	57636Q104	37,039,667	429,894	SH		DFND	0	0	429,894	0
MBIA INC COM	Common	55262C100	1,383	145	SH		DFND	0	0	145	0
MCDONALDS CORP COM	Common	580135101	92,200	984	SH		DFND	0	0	984	0
MEDTRONIC PLC	Common	G5960L103	60,575	839	SH		DFND	0	0	839	0
MERCK & CO INC NEW COM	Common	58933Y105	37,878	667	SH		DFND	0	0	667	0
Meritor Inc	Common	59001K100	2,939	194	SH		DFND	0	0	194	0
METHODE ELECTRONICS INC.	Common	591520200	1,314	36	SH		DFND	0	0	36	0
METTLER TOLEDO INTERNATIONAL COM	Common	592688105	604	2	SH		DFND	0	0	2	0
MICHAEL KORS	Common	G60754101	3,476,303	46,289	SH		DFND	0	0	46,289	0
MICRON TECHNOLOGY INC COM	Common	595112103	56,506	1,614	SH		DFND	0	0	1,614	0
MICROSOFT CORP COM	Common	594918104	45,000,852	968,802	SH		DFND	0	0	968,802	0
MOLSON COORS BREWING CO CL B	Common	60871R209	1,263,561	16,956	SH		DFND	0	0	16,956	0
MONSTER BEVERAGE CORPORATION	Common	611740101	31,734,306	292,887	SH		DFND	0	0	292,887	0
MONTPELIER RE HOLDINGS LTD.	Common	G62185106	2,829	79	SH		DFND	0	0	79	0
MOODY'S CORPORATION	Common	615369105	25,960,677	270,960	SH		DFND	0	0	270,960	0
MORGAN STANLEY COM NEW	Common	617446448	1,422,873	36,672	SH		DFND	0	0	36,672	0
MYLAN INC COM	Common	628530107	32,398,093	574,740	SH		DFND	0	0	574,740	0
MYRIAD GENETICS INC	Common	62855J104	953	28	SH		DFND	0	0	28	0
NABORS INDUSTRIES LTD SHS	Common	G6359F103	1,018,358	78,456	SH		DFND	0	0	78,456	0
NATIONAL FUEL GAS CO.	Common	636180101	903	13	SH		DFND	0	0	13	0
NATIONAL OILWELL VARCO INC COM	Common	637071101	3,097,472	47,268	SH		DFND	0	0	47,268	0
NETWORK APPLIANCE INC COM	Common	64110D104	28,849	696	SH		DFND	0	0	696	0
NEUSTAR INC. (CL A)	Common	64126X201	2,891	104	SH		DFND	0	0	104	0
NEW JERSEY RESOURCES CORP	Common	646025106	2,876	47	SH		DFND	0	0	47	0
NEWPARK RESOURCES INC.	Common	651718504	1,869	196	SH		DFND	0	0	196	0
NORFOLK SOUTHERN CORP COM	Common	655844108	84,070	767	SH		DFND	0	0	767	0
NORTHROP GRUMMAN CORP COM	Common	666807102	4,907,202	33,294	SH		DFND	0	0	33,294	0
NRG ENERGY INC COM NEW	Common	629377508	24,373,445	904,395	SH		DFND	0	0	904,395	0
NVIDIA CORP COM	Common	67066G104	4,490,237	223,952	SH		DFND	0	0	223,952	0
OCCIDENTAL PETE CORP DEL COM	Common	674599105	86,172	1,069	SH		DFND	0	0	1,069	0
OFFICE DEPOT INC	Common	676220106	823	96	SH		DFND	0	0	96	0
OLD DOMINION FREIGHT LINE INC.	Common	679580100	1,941	25	SH		DFND	0	0	25	0
OMNICOM GROUP INC COM	Common	681919106	82,737	1,068	SH		DFND	0	0	1,068	0
ON ASSIGNMENT INC.	Common	682159108	2,157	65	SH		DFND	0	0	65	0
ORACLE CORP COM	Common	68389X105	7,772,300	172,833	SH		DFND	0	0	172,833	0
ORMAT TECHNOLOGIES INC.	Common	686688102	1,250	46	SH		DFND	0	0	46	0
PACKAGING CORP OF AMERICA	Common	695156109	2,185	28	SH		DFND	0	0	28	0
PAREXEL INTERNATIONAL CORP	Common	699462107	4,000	72	SH		DFND	0	0	72	0
PATTERSON UTI ENERGY INC COM	Common	703481101	1,410	85	SH		DFND	0	0	85	0
PAYCHEX INC COM	Common	704326107	88,646	1,920	SH		DFND	0	0	1,920	0
PBF Energy Inc	Common	69318G106	959	36	SH		DFND	0	0	36	0
PDL BIOPHARMA INC.	Common	69329Y104	1,472	191	SH		DFND	0	0	191	0
PENN NATIONAL GAMING INC	Common	707569109	549	40	SH		DFND	0	0	40	0
PENNANTPARK INVESTMENT CORP.	Common	708062104	447	47	SH		DFND	0	0	47	0
PENNEY J C INC COM	Common	708160106	1,211	187	SH		DFND	0	0	187	0
PENNYMAC MORTGAGE INVESTMENT TRUST	Common	70931T103	1,623	77	SH		DFND	0	0	77	0
PEPSICO INC COM	Common	713448108	101,368	1,072	SH		DFND	0	0	1,072	0
PERKINELMER INC COM	Common	714046109	1,687,234	38,583	SH		DFND	0	0	38,583	0
PFIZER INC COM	Common	717081103	41,103,857	1,319,546	SH		DFND	0	0	1,319,546	0
PG&E CORP COM	Common	69331C108	4,368,554	82,054	SH		DFND	0	0	82,054	0
PHIBRO ANIMAL HEALTH CORP	Common	71742Q106	1,861	59	SH		DFND	0	0	59	0
PHILLIPS 66	Common	718546104	66,537	928	SH		DFND	0	0	928	0
PIPER JAFFRAY COS.	Common	724078100	2,730	47	SH		DFND	0	0	47	0
PPL CORP COM	Common	69351T106	1,090,299	30,011	SH		DFND	0	0	30,011	0
PRECISION CASTPARTS CORP	Common	740189105	804,539	3,340	SH		DFND	0	0	3,340	0
PRICE T ROWE GROUP INC COM	Common	74144T108	104,319	1,215	SH		DFND	0	0	1,215	0
PRICELINE COM INC COM NEW	Common	741503403	1,381,934	1,212	SH		DFND	0	0	1,212	0
PROCTER & GAMBLE CO COM	Common	742718109	97,739	1,073	SH		DFND	0	0	1,073	0
PROGRESS SOFTWARE CORP.	Common	743312100	4,701	174	SH		DFND	0	0	174	0
PROGRESSIVE CORP OHIO COM	Common	743315103	1,121,758	41,562	SH		DFND	0	0	41,562	0
PTC Inc.	Common	69370C100	549	15	SH		DFND	0	0	15	0
PUBLIC STORAGE COM	Common	74460D109	4,693,526	25,391	SH		DFND	0	0	25,391	0
QLOGIC CORP COM	Common	747277101	2,850	214	SH		DFND	0	0	214	0
QUALCOMM INC COM	Common	747525103	153,640	2,067	SH		DFND	0	0	2,067	0
QUEST DIAGNOSTICS INC COM	Common	74834L100	4,491,544	66,978	SH		DFND	0	0	66,978	0
QUESTAR CORP	Common	748356102	2,072	82	SH		DFND	0	0	82	0
RAYTHEON CO COM NEW	Common	755111507	4,616,695	42,680	SH		DFND	0	0	42,680	0
REGIONS FINANCIAL CORP	Common	7591EP100	1,844,610	174,679	SH		DFND	0	0	174,679	0
REPUBLIC SERVICES INC	Common	760759100	1,056,804	26,256	SH		DFND	0	0	26,256	0
RESTAURANT BRANDS INTL	Common	76131D103	2,303	59	SH		DFND	0	0	59	0
REYNOLDS AMERICAN INC COM	Common	761713106	77,252	1,202	SH		DFND	0	0	1,202	0
ROCK-TENN CO CL A	Common	772739207	30,091,373	493,463	SH		DFND	0	0	493,463	0
ROCKWELL AUTOMATION INC	Common	773903109	70,056	630	SH		DFND	0	0	630	0
RPC INC.	Common	749660106	1,095	84	SH		DFND	0	0	84	0
RUBY TUESDAY INC	Common	781182100	1,580	231	SH		DFND	0	0	231	0
Sabra Healthcare REIT Inc.	Common	78573L106	2,581	85	SH		DFND	0	0	85	0
SAFEWAY INC COM NEW	Common	786514208	99,740	2,840	SH		DFND	0	0	2,840	0
SCANA CORP NEW COM	Common	80589M102	376,352	6,231	SH		DFND	0	0	6,231	0
SCHLUMBERGER LTD COM	Common	806857108	97,879	1,146	SH		DFND	0	0	1,146	0
SELECT INCOME REIT	Common	81618T100	2,074	85	SH		DFND	0	0	85	0
SILICON LABORATORIES INC.	Common	826919102	1,476	31	SH		DFND	0	0	31	0
SKECHERS U S A INC CL A	Common	830566105	4,254	77	SH		DFND	0	0	77	0
SKYWEST INC.	Common	830879102	2,124	160	SH		DFND	0	0	160	0
SNAP ON INC COM	Common	833034101	2,920,766	21,360	SH		DFND	0	0	21,360	0
SOUTHWEST AIRLS CO COM	Common	844741108	5,245,056	123,938	SH		DFND	0	0	123,938	0
Spirit Airlines Inc	Common	848577102	3,552	47	SH		DFND	0	0	47	0
STAPLES INC	Common	855030102	5,855,260	323,138	SH		DFND	0	0	323,138	0
STARBUCKS CORP COM	Common	855244109	39,011,821	475,464	SH		DFND	0	0	475,464	0
Summit Hotel Properties Inc	Common	866082100	1,704	137	SH		DFND	0	0	137	0
SUNSTONE HOTEL INVS INC NEW COM	Common	867892101	1,948	118	SH		DFND	0	0	118	0
SUPERVALU INC COM	Common	868536103	2,589	267	SH		DFND	0	0	267	0
SYMANTEC CORP COM	Common	871503108	4,609,254	179,663	SH		DFND	0	0	179,663	0
SYNNEX CORP	Common	87162W100	2,891	37	SH		DFND	0	0	37	0
SYNOPSYS INC COM	Common	871607107	2,173	50	SH		DFND	0	0	50	0
SYSCO CORP COM	Common	871829107	63,781	1,607	SH		DFND	0	0	1,607	0
TARGET CORP COM	Common	87612E106	117,736	1,551	SH		DFND	0	0	1,551	0
TD AMERITRADE HOLDING CORP.	Common	87236Y108	21,481,739	600,384	SH		DFND	0	0	600,384	0
TENNECO AUTOMOTIVE INC COM	Common	880349105	1,698	30	SH		DFND	0	0	30	0
TESCO CORP COM	Common	88157K101	1,589	124	SH		DFND	0	0	124	0
TESORO CORP COM	Common	881609101	37,844	509	SH		DFND	0	0	509	0
TEXAS CAPITAL BANCSHARES INC.	Common	88224Q107	12,019,262	221,227	SH		DFND	0	0	221,227	0
TEXAS INSTRS INC COM	Common	882508104	85,062	1,591	SH		DFND	0	0	1,591	0
TJX COS INC NEW COM	Common	872540109	36,415	531	SH		DFND	0	0	531	0
TOMPKINTRUSTCO INC	Common	890110109	2,654	48	SH		DFND	0	0	48	0
TRAVELERS COMPANIES INC COM	Common	89417E109	5,297,898	50,051	SH		DFND	0	0	50,051	0
TRUSTCO BK CORP N Y COM	Common	898349105	2,424	334	SH		DFND	0	0	334	0
TYSON FOODS INC CL A	Common	902494103	3,577,791	89,244	SH		DFND	0	0	89,244	0
U.S. PHYSICAL THERAPY INC.	Common	90337L108	2,475	59	SH		DFND	0	0	59	0
UBIQUITI NETWORKS INC	Common	90347A100	1,511	51	SH		DFND	0	0	51	0
UNION PAC CORP COM	Common	907818108	6,423,370	53,919	SH		DFND	0	0	53,919	0
UNITED COMMUNITY BANKS INC.	Common	90984P303	2,594	137	SH		DFND	0	0	137	0
UNITED TECHNOLOGIES CORP COM	Common	913017109	97,635	849	SH		DFND	0	0	849	0
UNITED THERAPEUTICS CORP	Common	91307C102	1,424	11	SH		DFND	0	0	11	0
UNITEDHEALTH GROUP INC COM	Common	91324P102	3,268,846	32,336	SH		DFND	0	0	32,336	0
UNITIL CORP.	Common	913259107	1,723	47	SH		DFND	0	0	47	0
UNUM GROUP COM	Common	91529Y106	1,820,422	52,191	SH		DFND	0	0	52,191	0
US BANCORP DEL COM NEW	Common	902973304	23,611,336	525,280	SH		DFND	0	0	525,280	0
VALERO ENERGY CORP NEW COM	Common	91913Y100	1,724,085	34,830	SH		DFND	0	0	34,830	0
VECTREN CORP.	Common	92240G101	2,126	46	SH		DFND	0	0	46	0
VERIZON COMMUNICATIONS INC COM	Common	92343V104	6,131,407	131,069	SH		DFND	0	0	131,069	0
VERSIGN INC	Common	92343E102	3,419,715	59,995	SH		DFND	0	0	59,995	0
WAL MART STORES INC COM	Common	931142103	58,398	680	SH		DFND	0	0	680	0
WASHINGTON FEDERAL INC.	Common	938824109	1,971	89	SH		DFND	0	0	89	0
WELLS FARGO & CO NEW COM	Common	949746101	144,615	2,638	SH		DFND	0	0	2,638	0
WENDYS INTL INC COM	Common	95058W100	2,067	229	SH		DFND	0	0	229	0
WESTERN ASSET MTG CAP CORP COM	Common	95790D105	2,396	163	SH		DFND	0	0	163	0
WESTERN DIGITAL CORP COM	Common	958102105	22,391,621	202,273	SH		DFND	0	0	202,273	0
WESTERN UN CO COM	Common	959802109	4,451,172	248,530	SH		DFND	0	0	248,530	0
WEYERHAEUSER CO COM	Common	962166104	4,653,425	129,658	SH		DFND	0	0	129,658	0
WHITING PETROLEUM CORP	Common	966387102	18,671,301	565,797	SH		DFND	0	0	565,797	0
WILLIAMS-SONOMA INC.	Common	969904101	22,632,558	299,056	SH		DFND	0	0	299,056	0
WISCONSIN ENERGY CORP COM	Common	976657106	117,715	2,232	SH		DFND	0	0	2,232	0
WYNDHAM WORLDWIDE CORP COM	Common	98310W108	1,440,339	16,795	SH		DFND	0	0	16,795	0
XL GROUP PLC SHS	Common	G98290102	36,294	1,056	SH		DFND	0	0	1,056	0
ISHARES FLOATING	Common	46429B655	10,108	200	SH		DFND	0	0	200	0
ISHARES INTERM CR BD ETF	Common	464288638	26,239	240	SH		DFND	0	0	240	0
ISHARES INTERMEDIATE	Common	464288612	82,987	750	SH		DFND	0	0	750	0