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	117,774	714	SH		DFND	0	0	714	0
ABBVIE INC	Common	00287Y109	4,461,450	76,212	SH		DFND	0	0	76,212	0
ACCENTURE PLC IRELAND SHS CLASS A	Common	G1151C101	33,822	361	SH		DFND	0	0	361	0
ACE LTD	Common	H0023R105	60,762	545	SH		DFND	0	0	545	0
ADT CORPORATION	Common	00101J106	26,833,878	646,288	SH		DFND	0	0	646,288	0
AETNA INC NEW COM	Common	00817Y108	49,821,098	467,672	SH		DFND	0	0	467,672	0
AFFILIATED MANAGER GROUP INC	Common	008252108	19,861,136	92,472	SH		DFND	0	0	92,472	0
AFLAC INC COM	Common	001055102	128,532	2,008	SH		DFND	0	0	2,008	0
AKORN INC.	Common	009728106	1,900	40	SH		DFND	0	0	40	0
ALCOA INC COM	Common	013817101	1,118,924	86,604	SH		DFND	0	0	86,604	0
ALLEGION	Common	G0176J109	2,263	37	SH		DFND	0	0	37	0
ALLISON TRANSMISSION HOLDINGS INC	Common	01973R101	15,021,446	470,302	SH		DFND	0	0	470,302	0
ALLSTATE CORP COM	Common	020002101	38,342,695	538,748	SH		DFND	0	0	538,748	0
ALTRIA GROUP INC COM	Common	02209S103	5,754,501	115,044	SH		DFND	0	0	115,044	0
AMAZON COM INC COM	Common	023135106	33,353,184	89,635	SH		DFND	0	0	89,635	0
AMERICAN EQTY INVT LIFE HLD CO COM	Common	025676206	2,913	100	SH		DFND	0	0	100	0
AMERICAN EXPRESS CO COM	Common	025816109	1,054,464	13,498	SH		DFND	0	0	13,498	0
AMERICAN INTL GROUP INC COM NEW	Common	026874784	2,428,019	44,315	SH		DFND	0	0	44,315	0
AMERIPRISE FINL INC COM	Common	03076C106	24,467	187	SH		DFND	0	0	187	0
AMGEN INC COM	Common	031162100	1,330,911	8,326	SH		DFND	0	0	8,326	0
AMKOR TECHNOLOGY INC.	Common	031652100	2,430	275	SH		DFND	0	0	275	0
AMSURG CORP.	Common	03232P405	2,953	48	SH		DFND	0	0	48	0
AMTRUST FINANCIAL SERVICES INC.	Common	032359309	1,994	35	SH		DFND	0	0	35	0
ANTHEM INC	Common	036752103	5,006,435	32,423	SH		DFND	0	0	32,423	0
APARTMENT INVT & MGMT CL A	Common	03748R101	3,470,647	88,177	SH		DFND	0	0	88,177	0
APPLE INC COM	Common	037833100	75,200,515	604,360	SH		DFND	0	0	604,360	0
ARCHER DANIELS MIDLAND CO COM	Common	039483102	4,794,083	101,141	SH		DFND	0	0	101,141	0
ASPEN TECHNOLOGY INC	Common	045327103	1,732	45	SH		DFND	0	0	45	0
AT&T INC COM	Common	00206R102	93,020	2,849	SH		DFND	0	0	2,849	0
AUTOMATIC DATA PROCESS COM	Common	053015103	76,648	895	SH		DFND	0	0	895	0
AVON PRODUCTS INC	Common	054303102	1,732,879	216,881	SH		DFND	0	0	216,881	0
AXIS CAPITAL HOLDINGS LTD.	Common	G0692U109	1,702	33	SH		DFND	0	0	33	0
BAKER HUGHES INC COM	Common	057224107	1,374,282	21,615	SH		DFND	0	0	21,615	0
BANK OF AMERICA CORPORATION COM	Common	060505104	36,551	2,375	SH		DFND	0	0	2,375	0
BANK OF NEW YORK MELLON CORP COM	Common	064058100	2,460,274	61,140	SH		DFND	0	0	61,140	0
BARNES & NOBLE INC.	Common	067774109	1,378	58	SH		DFND	0	0	58	0
BED BATH & BEYOND INC COM	Common	075896100	81,074	1,056	SH		DFND	0	0	1,056	0
BENCHMARK ELECTRONIC INC	Common	08160H101	1,346	56	SH		DFND	0	0	56	0
BEST BUY INC COM	Common	086516101	3,841,391	101,651	SH		DFND	0	0	101,651	0
BIOGEN INC	Common	09062X103	25,005,053	59,220	SH		DFND	0	0	59,220	0
BLACK HILLS CORP COM	Common	092113109	2,472	49	SH		DFND	0	0	49	0
BLOCK H & R INC COM	Common	093671105	80,143	2,499	SH		DFND	0	0	2,499	0
BLUCORA INC COM	Common	095229100	1,134	83	SH		DFND	0	0	83	0
BOEING CO COM	Common	097023105	46,812,954	311,920	SH		DFND	0	0	311,920	0
BRISTOL MYERS SQUIBB CO COM	Common	110122108	88,236	1,368	SH		DFND	0	0	1,368	0
BROADCOM CORP CL A	Common	111320107	103,951	2,401	SH		DFND	0	0	2,401	0
BROCADE COMMUNICATION SYSTEMS INC	Common	111621306	498	42	SH		DFND	0	0	42	0
BRUKER CORP COM	Common	116794108	517	28	SH		DFND	0	0	28	0
CA INC COM	Common	12673P105	3,861,513	118,415	SH		DFND	0	0	118,415	0
CABLEVISION SYSTEMS CORP	Common	12686C109	1,311,470	71,665	SH		DFND	0	0	71,665	0
CADENCE DESIGN SYSTEMS INC.	Common	127387108	1,475	80	SH		DFND	0	0	80	0
CALIFORNIA RESOURCES CORP	Common	13057Q107	3,227	424	SH		DFND	0	0	424	0
CALIFORNIA WATER SERVICE GROUP	Common	130788102	1,397	57	SH		DFND	0	0	57	0
CAMBREX CORP	Common	132011107	2,774	70	SH		DFND	0	0	70	0
CAMERON INTERNATIONAL CORP COM	Common	13342B105	1,126,285	24,962	SH		DFND	0	0	24,962	0
CAPITAL ONE FINL CORP COM	Common	14040H105	30,699,365	389,487	SH		DFND	0	0	389,487	0
CARDINAL HEALTH INC COM	Common	14149Y108	25,637	284	SH		DFND	0	0	284	0
CARDTRONICS INC COM	Common	14161H108	2,519	67	SH		DFND	0	0	67	0
CATERPILLAR INC DEL COM	Common	149123101	72,347	904	SH		DFND	0	0	904	0
CBRE Group Inc	Common	12504L109	5,300,328	136,924	SH		DFND	0	0	136,924	0
CDW CORPORATION	Common	12514G108	2,123	57	SH		DFND	0	0	57	0
CENTENE CORP	Common	15135B101	3,181	45	SH		DFND	0	0	45	0
CF INDS HLDGS INC COM	Common	125269100	3,928,401	13,848	SH		DFND	0	0	13,848	0
CH ROBINSON WORLDWIDE INC	Common	12541W209	3,873,411	52,901	SH		DFND	0	0	52,901	0
CHARLES RIVER LABORATORIES INT'L INC	Common	159864107	2,141	27	SH		DFND	0	0	27	0
CHATHAM LODGING TR COM	Common	16208T102	2,735	93	SH		DFND	0	0	93	0
CHEVRON CORP NEW COM	Common	166764100	7,664,065	73,005	SH		DFND	0	0	73,005	0
CHOICE HOTEL INT'L INC	Common	169905106	2,178	34	SH		DFND	0	0	34	0
CIGNA CORP COM	Common	125509109	4,803,777	37,112	SH		DFND	0	0	37,112	0
CIMPRESS	Common	N20146101	4,894	58	SH		DFND	0	0	58	0
CINTAS CORP COM	Common	172908105	1,075,639	13,177	SH		DFND	0	0	13,177	0
CISCO SYS INC COM	Common	17275R102	7,078,632	257,171	SH		DFND	0	0	257,171	0
CITIGROUP INC COM	Common	172967424	2,379,606	46,188	SH		DFND	0	0	46,188	0
COACH INC COM	Common	189754104	1,077,843	26,016	SH		DFND	0	0	26,016	0
COCA COLA CO COM	Common	191216100	101,132	2,494	SH		DFND	0	0	2,494	0
COCA COLA ENTERPRISES INC NEW COM	Common	19122T109	34,520	781	SH		DFND	0	0	781	0
COGNIZANT TECHNOLOGY SOLUTIONS CL A	Common	192446102	24,173,754	387,462	SH		DFND	0	0	387,462	0
COMCAST CORP NEW CL A	Common	20030N101	5,706,689	101,057	SH		DFND	0	0	101,057	0
COMPUTER SCIENCES CORP COM	Common	205363104	76,573	1,173	SH		DFND	0	0	1,173	0
CONAGRA FOODS INC COM	Common	205887102	1,322,934	36,215	SH		DFND	0	0	36,215	0
CONSOLIDATED EDISON COM	Common	209115104	32,893,396	539,236	SH		DFND	0	0	539,236	0
CONSTELLATION BRANDS CL A	Common	21036P108	3,263,990	28,087	SH		DFND	0	0	28,087	0
COSTCO WHSL CORP NEW COM	Common	22160K105	25,906	171	SH		DFND	0	0	171	0
COUSINS PROPERTIES INC.	Common	222795106	1,675	158	SH		DFND	0	0	158	0
CROCS INC COM	Common	227046109	3,271	277	SH		DFND	0	0	277	0
CVS HEALTH CORPORATION	Common	126650100	47,205,158	457,370	SH		DFND	0	0	457,370	0
Cyrusone Inc	Common	23283R100	2,988	96	SH		DFND	0	0	96	0
DANAHER CORP DEL COM	Common	235851102	30,370,768	357,724	SH		DFND	0	0	357,724	0
DARDEN RESTAURANTS INC COM	Common	237194105	1,204,228	17,367	SH		DFND	0	0	17,367	0
DELTA AIR LINES DEL COM	Common	247361702	25,542,226	568,110	SH		DFND	0	0	568,110	0
DELUXE CORP COM	Common	248019101	1,316	19	SH		DFND	0	0	19	0
DISCOVER FINL SVCS COM	Common	254709108	2,135,721	37,901	SH		DFND	0	0	37,901	0
DISNEY WALT CO COM DISNEY	Common	254687106	1,203,613	11,475	SH		DFND	0	0	11,475	0
DOMTAR CORP COM NEW	Common	257559203	1,895	41	SH		DFND	0	0	41	0
DR PEPPER SNAPPLE GROUP INC COM	Common	26138E109	4,138,329	52,731	SH		DFND	0	0	52,731	0
DST SYS INC DEL COM	Common	233326107	1,218	11	SH		DFND	0	0	11	0
DU PONT E I DE NEMOURS & CO COM	Common	263534109	79,046	1,106	SH		DFND	0	0	1,106	0
DUKE ENERGY CORP NEW COM NEW	Common	26441C204	7,064	92	SH		DFND	0	0	92	0
E M C CORP MASS COM	Common	268648102	4,235,215	165,697	SH		DFND	0	0	165,697	0
ELECTRONIC ARTS INC COM	Common	285512109	5,056,620	85,975	SH		DFND	0	0	85,975	0
ELECTRONICS FOR IMAGING INC.	Common	286082102	2,839	68	SH		DFND	0	0	68	0
EMERSON ELEC CO COM	Common	291011104	79,551	1,405	SH		DFND	0	0	1,405	0
ENDO INTL PLC	Common	G30401106	2,243	25	SH		DFND	0	0	25	0
ENTERGY CORP NEW COM	Common	29364G103	3,573,529	46,116	SH		DFND	0	0	46,116	0
EOG RES INC COM	Common	26875P101	25,323,953	276,191	SH		DFND	0	0	276,191	0
EXXON MOBIL CORP COM	Common	30231G102	8,557,715	100,679	SH		DFND	0	0	100,679	0
FACEBOOK INC	Common	30303M102	43,725,883	531,848	SH		DFND	0	0	531,848	0
FEDERAL SIGNAL CORP.	Common	313855108	2,574	163	SH		DFND	0	0	163	0
FIFTH THIRD BANCORP COM	Common	316773100	1,808,714	95,953	SH		DFND	0	0	95,953	0
FIRST COMMONWEALTH FINANCIAL CORP. (PENNSY	Common	319829107	2,466	274	SH		DFND	0	0	274	0
FIRST NBC BK HLDG CO	Common	32115D106	1,517	46	SH		DFND	0	0	46	0
FIRST NIAGARA FINCL GROUP INC	Common	33582V108	2,139	242	SH		DFND	0	0	242	0
FMC TECHNOLOGIES INC	Common	30249U101	2,499,433	67,534	SH		DFND	0	0	67,534	0
FNB CORP PA COM	Common	302520101	2,667	203	SH		DFND	0	0	203	0
FOOT LOCKER INC COM	Common	344849104	2,331	37	SH		DFND	0	0	37	0
FORUM ENERGY TECHNOLOGIES INC	Common	34984V100	921	47	SH		DFND	0	0	47	0
FRANKLIN RES INC COM	Common	354613101	1,492,899	29,090	SH		DFND	0	0	29,090	0
FRONTIER COMMUNICATIONS CORP COM	Common	35906A108	4,000,487	567,445	SH		DFND	0	0	567,445	0
GAMESTOP CORP NEW CL A	Common	36467W109	4,442,838	117,040	SH		DFND	0	0	117,040	0
GAP INC DEL COM	Common	364760108	1,833,162	42,307	SH		DFND	0	0	42,307	0
GARMIN LTD.	Common	H2906T109	3,849,453	81,007	SH		DFND	0	0	81,007	0
GENERAL DYNAMICS CORP COM	Common	369550108	135,187	996	SH		DFND	0	0	996	0
GENERAL ELECTRIC CO COM	Common	369604103	7,220,305	291,024	SH		DFND	0	0	291,024	0
GENERAL GROWTH PPTYS INC NEW COM	Common	370023103	5,188,773	175,593	SH		DFND	0	0	175,593	0
GENTEX CORP	Common	371901109	1,501	82	SH		DFND	0	0	82	0
GENTHERM INC	Common	37253A103	758	15	SH		DFND	0	0	15	0
GIBRALTAR INDUSTRIES INC	Common	374689107	903	55	SH		DFND	0	0	55	0
GILEAD SCIENCES INC COM	Common	375558103	36,593,658	372,910	SH		DFND	0	0	372,910	0
GOLDMAN SACHS GROUP INC COM	Common	38141G104	2,995,490	15,936	SH		DFND	0	0	15,936	0
GOOGLE INC. - CLASS A	Common	38259P508	36,113,189	65,104	SH		DFND	0	0	65,104	0
GRAND CANYON EDUCATION INC.	Common	38526M106	4,243	98	SH		DFND	0	0	98	0
GREENBRIER COMPANY	Common	393657101	2,262	39	SH		DFND	0	0	39	0
GROUP 1 AUTOMOTIVE INC.	Common	398905109	3,971	46	SH		DFND	0	0	46	0
HALLIBURTON CO COM	Common	406216101	22,151,458	504,819	SH		DFND	0	0	504,819	0
HARTFORD FINL SVCS GROUP INC COM	Common	416515104	84,769	2,027	SH		DFND	0	0	2,027	0
HCA Holdings Inc	Common	40412C101	32,190,842	427,899	SH		DFND	0	0	427,899	0
HCP INC COM	Common	40414L109	1,589,826	36,793	SH		DFND	0	0	36,793	0
HEALTHSOUTH CORP.	Common	421924309	1,952	44	SH		DFND	0	0	44	0
HEARTLAND PAYMENT SYSTEMS INC.	Common	42235N108	796	17	SH		DFND	0	0	17	0
HECLA MINING CO	Common	422704106	1,490	500	SH		DFND	0	0	500	0
HELMERICH & PAYNE INC	Common	423452101	27,296	401	SH		DFND	0	0	401	0
HFF INC CL A	Common	40418F108	2,928	78	SH		DFND	0	0	78	0
HOME DEPOT INC COM	Common	437076102	31,020,188	273,041	SH		DFND	0	0	273,041	0
HOST HOTEL & RESORT INC	Common	44107P104	4,122,512	204,287	SH		DFND	0	0	204,287	0
HUNTINGTON BANCSHARES INC	Common	446150104	1,803,316	163,196	SH		DFND	0	0	163,196	0
Hyster-Yale Materials Handling Inc	Common	449172105	1,832	25	SH		DFND	0	0	25	0
IDEX CORP	Common	45167R104	1,213	16	SH		DFND	0	0	16	0
ILLINOIS TOOL WKS INC COM	Common	452308109	121,231	1,248	SH		DFND	0	0	1,248	0
INSIGHT ENTERPRISES INC	Common	45765U103	2,510	88	SH		DFND	0	0	88	0
INTEL CORP COM	Common	458140100	6,226,858	199,132	SH		DFND	0	0	199,132	0
INTERNATIONAL BUSINESS MACHS COM	Common	459200101	117,326	731	SH		DFND	0	0	731	0
INTERPUBLIC GROUP COS INC COM	Common	460690100	1,093,259	49,424	SH		DFND	0	0	49,424	0
INTERVAL LEISURE GROUP INC.	Common	46113M108	2,018	77	SH		DFND	0	0	77	0
INTL PAPER CO COM	Common	460146103	1,336,754	24,090	SH		DFND	0	0	24,090	0
INVESCO MORTGAGE CAPITAL INC.	Common	46131B100	1,553	100	SH		DFND	0	0	100	0
J2 GLOBAL COMMUNICATIONS	Common	48123V102	2,824	43	SH		DFND	0	0	43	0
JABIL CIRCUIT INC COM	Common	466313103	1,379	59	SH		DFND	0	0	59	0
JACK HENRY & ASSOCIATES INC.	Common	426281101	2,236	32	SH		DFND	0	0	32	0
JETBLUE AIRWAYS CORP	Common	477143101	3,388	176	SH		DFND	0	0	176	0
JOHNSON & JOHNSON COM	Common	478160104	10,681,306	106,176	SH		DFND	0	0	106,176	0
JPMORGAN CHASE & CO COM	Common	46625H100	89,598	1,479	SH		DFND	0	0	1,479	0
KAR AUCTION SVCS INC COM	Common	48238T109	2,200	58	SH		DFND	0	0	58	0
KELLOGG CO COM	Common	487836108	42,274	641	SH		DFND	0	0	641	0
KEYCORP NEW COM	Common	493267108	35,786,271	2,527,279	SH		DFND	0	0	2,527,279	0
KIMBERLY CLARK CORP COM	Common	494368103	56,661	529	SH		DFND	0	0	529	0
KOHLS CORP COM	Common	500255104	41,322,260	528,080	SH		DFND	0	0	528,080	0
KROGER CO COM	Common	501044101	46,770,419	610,102	SH		DFND	0	0	610,102	0
L-3 COMMUNICATIONS HLDGS INC COM	Common	502424104	3,946,787	31,376	SH		DFND	0	0	31,376	0
LA Z BOY INC COM	Common	505336107	2,333	83	SH		DFND	0	0	83	0
LAM RESEARCH CORP COM	Common	512807108	2,589,635	36,871	SH		DFND	0	0	36,871	0
LANNETT CO. INC.	Common	516012101	3,047	45	SH		DFND	0	0	45	0
LEGGETT & PLATT INC	Common	524660107	3,974,295	86,229	SH		DFND	0	0	86,229	0
LILLY ELI & CO COM	Common	532457108	6,114,515	84,164	SH		DFND	0	0	84,164	0
LOCKHEED MARTIN CORP COM	Common	539830109	108,787	536	SH		DFND	0	0	536	0
LORILLARD INC COM	Common	544147101	4,877,528	74,637	SH		DFND	0	0	74,637	0
LYONDELLBASELL INDUSTRIES	Common	N53745100	5,463,882	62,231	SH		DFND	0	0	62,231	0
MACYS INC COM	Common	55616P104	4,747,907	73,146	SH		DFND	0	0	73,146	0
MAGELLAN HEALTH, INC	Common	559079207	921	13	SH		DFND	0	0	13	0
MALLINCKRODT PLC	Common	G5785G107	380	3	SH		DFND	0	0	3	0
MANHATTAN ASSOCIATES INC.	Common	562750109	2,986	59	SH		DFND	0	0	59	0
MARATHON PETROLEUM CORP	Common	56585A102	33,990,101	331,967	SH		DFND	0	0	331,967	0
MARRIOTT INTL INC NEW CL A	Common	571903202	4,575,991	56,972	SH		DFND	0	0	56,972	0
Marriott Vacations Worldwide	Common	57164Y107	2,756	34	SH		DFND	0	0	34	0
MARSH & MCLENNAN COS COM	Common	571748102	106,627	1,901	SH		DFND	0	0	1,901	0
MASTERCARD INC CL A	Common	57636Q104	2,605,004	30,154	SH		DFND	0	0	30,154	0
MBIA INC COM	Common	55262C100	1,349	145	SH		DFND	0	0	145	0
MCDONALDS CORP COM	Common	580135101	95,881	984	SH		DFND	0	0	984	0
MEDTRONIC PLC	Common	G5960L103	85,555	1,097	SH		DFND	0	0	1,097	0
MERCK & CO INC NEW COM	Common	58933Y105	38,339	667	SH		DFND	0	0	667	0
MERIDIAN BIOSCIENCE INC.	Common	589584101	1,870	98	SH		DFND	0	0	98	0
Meritor Inc	Common	59001K100	2,446	194	SH		DFND	0	0	194	0
METHODE ELECTRONICS INC.	Common	591520200	1,693	36	SH		DFND	0	0	36	0
METTLER TOLEDO INTERNATIONAL COM	Common	592688105	657	2	SH		DFND	0	0	2	0
MICHAEL KORS	Common	G60754101	3,043,502	46,289	SH		DFND	0	0	46,289	0
MICRON TECHNOLOGY INC COM	Common	595112103	1,058,721	39,024	SH		DFND	0	0	39,024	0
MICROSOFT CORP COM	Common	594918104	37,650,514	926,098	SH		DFND	0	0	926,098	0
MID-AMER APT CMNTYS INC COM	Common	59522J103	2,009	26	SH		DFND	0	0	26	0
MOLSON COORS BREWING CO CL B	Common	60871R209	58,890	791	SH		DFND	0	0	791	0
MONSTER BEVERAGE CORPORATION	Common	611740101	20,727,973	149,774	SH		DFND	0	0	149,774	0
MONTPELIER RE HOLDINGS LTD.	Common	G62185106	3,037	79	SH		DFND	0	0	79	0
MOODY'S CORPORATION	Common	615369105	28,445,975	274,046	SH		DFND	0	0	274,046	0
MORGAN STANLEY COM NEW	Common	617446448	1,308,824	36,672	SH		DFND	0	0	36,672	0
MOSAIC CO.	Common	61945C103	971,451	21,091	SH		DFND	0	0	21,091	0
MSCI INC CL A	Common	55354G100	2,330	38	SH		DFND	0	0	38	0
MYLAN N.V.	Common	N59465109	35,236,570	593,708	SH		DFND	0	0	593,708	0
MYRIAD GENETICS INC	Common	62855J104	991	28	SH		DFND	0	0	28	0
NATIONAL FUEL GAS CO.	Common	636180101	784	13	SH		DFND	0	0	13	0
NATIONAL OILWELL VARCO INC COM	Common	637071101	2,362,927	47,268	SH		DFND	0	0	47,268	0
NEUSTAR INC. (CL A)	Common	64126X201	2,560	104	SH		DFND	0	0	104	0
NEW JERSEY RESOURCES CORP	Common	646025106	2,920	94	SH		DFND	0	0	94	0
NEWPARK RESOURCES INC.	Common	651718504	1,786	196	SH		DFND	0	0	196	0
NORFOLK SOUTHERN CORP COM	Common	655844108	78,940	767	SH		DFND	0	0	767	0
NORTHROP GRUMMAN CORP COM	Common	666807102	4,482,092	27,846	SH		DFND	0	0	27,846	0
NORTHWEST BANCSHARES INC.	Common	667340103	2,820	238	SH		DFND	0	0	238	0
NRG ENERGY INC COM NEW	Common	629377508	12,005,025	476,579	SH		DFND	0	0	476,579	0
NVIDIA CORP COM	Common	67066G104	3,855,076	184,233	SH		DFND	0	0	184,233	0
OCCIDENTAL PETE CORP DEL COM	Common	674599105	78,037	1,069	SH		DFND	0	0	1,069	0
OFFICE DEPOT INC	Common	676220106	1,868	203	SH		DFND	0	0	203	0
OLD DOMINION FREIGHT LINE INC.	Common	679580100	1,933	25	SH		DFND	0	0	25	0
OMNICOM GROUP INC COM	Common	681919106	83,283	1,068	SH		DFND	0	0	1,068	0
ON ASSIGNMENT INC.	Common	682159108	2,034	53	SH		DFND	0	0	53	0
ONE Gas Inc	Common	68235P108	2,810	65	SH		DFND	0	0	65	0
ORACLE CORP COM	Common	68389X105	143,474	3,325	SH		DFND	0	0	3,325	0
OUTFRONT MEDIA INC.	Common	69007J106	2,124	71	SH		DFND	0	0	71	0
PACKAGING CORP OF AMERICA	Common	695156109	1,564	20	SH		DFND	0	0	20	0
PAREXEL INTERNATIONAL CORP	Common	699462107	4,967	72	SH		DFND	0	0	72	0
PARKER HANNIFIN CORP COM	Common	701094104	21,003,274	176,825	SH		DFND	0	0	176,825	0
PARKWAY PPTYS INC COM	Common	70159Q104	1,787	103	SH		DFND	0	0	103	0
PAYCHEX INC COM	Common	704326107	120,267	2,424	SH		DFND	0	0	2,424	0
PBF Energy Inc	Common	69318G106	1,221	36	SH		DFND	0	0	36	0
PDL BIOPHARMA INC.	Common	69329Y104	1,344	191	SH		DFND	0	0	191	0
PENN NATIONAL GAMING INC	Common	707569109	626	40	SH		DFND	0	0	40	0
PENNEY J C INC COM	Common	708160106	1,573	187	SH		DFND	0	0	187	0
PENNYMAC MORTGAGE INVESTMENT TRUST	Common	70931T103	1,639	77	SH		DFND	0	0	77	0
PEPSICO INC COM	Common	713448108	102,505	1,072	SH		DFND	0	0	1,072	0
PERKINELMER INC COM	Common	714046109	1,973,135	38,583	SH		DFND	0	0	38,583	0
PFIZER INC COM	Common	717081103	43,576,562	1,252,560	SH		DFND	0	0	1,252,560	0
PG&E CORP COM	Common	69331C108	4,397,964	82,871	SH		DFND	0	0	82,871	0
PHIBRO ANIMAL HEALTH CORP	Common	71742Q106	2,089	59	SH		DFND	0	0	59	0
PHILLIPS 66	Common	718546104	72,941	928	SH		DFND	0	0	928	0
PIPER JAFFRAY COS.	Common	724078100	2,466	47	SH		DFND	0	0	47	0
PRICE T ROWE GROUP INC COM	Common	74144T108	98,391	1,215	SH		DFND	0	0	1,215	0
PROCTER & GAMBLE CO COM	Common	742718109	87,922	1,073	SH		DFND	0	0	1,073	0
PROGRESS SOFTWARE CORP.	Common	743312100	2,663	98	SH		DFND	0	0	98	0
PROGRESSIVE CORP OHIO COM	Common	743315103	1,130,486	41,562	SH		DFND	0	0	41,562	0
PTC Inc.	Common	69370C100	543	15	SH		DFND	0	0	15	0
PUBLIC STORAGE COM	Common	74460D109	5,024,507	25,487	SH		DFND	0	0	25,487	0
PUBLIC SVC ENTERPRISE GROUP COM	Common	744573106	4,951,423	118,116	SH		DFND	0	0	118,116	0
QLOGIC CORP COM	Common	747277101	2,786	189	SH		DFND	0	0	189	0
QUALCOMM INC COM	Common	747525103	85,080	1,227	SH		DFND	0	0	1,227	0
QUEST DIAGNOSTICS INC COM	Common	74834L100	4,180,640	54,400	SH		DFND	0	0	54,400	0
QUINTILES TRANSNATIONL COM	Common	74876Y101	1,072	16	SH		DFND	0	0	16	0
RAYTHEON CO COM NEW	Common	755111507	4,662,790	42,680	SH		DFND	0	0	42,680	0
REGIONS FINANCIAL CORP	Common	7591EP100	1,693,979	179,257	SH		DFND	0	0	179,257	0
RESOURCES CONNECTION INC.	Common	76122Q105	2,713	155	SH		DFND	0	0	155	0
REYNOLDS AMERICAN INC COM	Common	761713106	156,426	2,270	SH		DFND	0	0	2,270	0
ROCK-TENN CO CL A	Common	772739207	30,111,438	466,844	SH		DFND	0	0	466,844	0
ROCKWELL AUTOMATION INC	Common	773903109	73,074	630	SH		DFND	0	0	630	0
ROYAL CARIBBEAN CRUISES LTD COM	Common	V7780T103	1,298,796	15,868	SH		DFND	0	0	15,868	0
RPC INC.	Common	749660106	1,076	84	SH		DFND	0	0	84	0
RYDER SYS INC COM	Common	783549108	2,088	22	SH		DFND	0	0	22	0
Sabra Healthcare REIT Inc.	Common	78573L106	2,818	85	SH		DFND	0	0	85	0
SCANA CORP NEW COM	Common	80589M102	342,643	6,231	SH		DFND	0	0	6,231	0
SCHLUMBERGER LTD COM	Common	806857108	95,622	1,146	SH		DFND	0	0	1,146	0
SELECT INCOME REIT	Common	81618T100	2,124	85	SH		DFND	0	0	85	0
SILICON LABORATORIES INC.	Common	826919102	1,574	31	SH		DFND	0	0	31	0
SIMON PPTY GROUP INC NEW COM	Common	828806109	28,459,555	145,469	SH		DFND	0	0	145,469	0
SKECHERS U S A INC CL A	Common	830566105	5,537	77	SH		DFND	0	0	77	0
SKYWEST INC.	Common	830879102	2,338	160	SH		DFND	0	0	160	0
SNAP ON INC COM	Common	833034101	3,141,202	21,360	SH		DFND	0	0	21,360	0
SOUTHWEST AIRLS CO COM	Common	844741108	4,561,970	102,979	SH		DFND	0	0	102,979	0
Spirit Airlines Inc	Common	848577102	1,779	23	SH		DFND	0	0	23	0
STAPLES INC	Common	855030102	4,389,003	269,512	SH		DFND	0	0	269,512	0
STARBUCKS CORP COM	Common	855244109	42,586,779	449,702	SH		DFND	0	0	449,702	0
Summit Hotel Properties Inc	Common	866082100	1,928	137	SH		DFND	0	0	137	0
SUNSTONE HOTEL INVS INC NEW COM	Common	867892101	1,985	119	SH		DFND	0	0	119	0
SUPER MICRO COMPUTER INC.	Common	86800U104	1,760	53	SH		DFND	0	0	53	0
SUPERVALU INC COM	Common	868536103	3,105	267	SH		DFND	0	0	267	0
SYMANTEC CORP COM	Common	871503108	1,141,030	48,835	SH		DFND	0	0	48,835	0
SYNNEX CORP	Common	87162W100	2,858	37	SH		DFND	0	0	37	0
SYSCO CORP COM	Common	871829107	60,632	1,607	SH		DFND	0	0	1,607	0
TARGET CORP COM	Common	87612E106	4,596,166	56,003	SH		DFND	0	0	56,003	0
TESORO CORP COM	Common	881609101	46,467	509	SH		DFND	0	0	509	0
TEXAS INSTRS INC COM	Common	882508104	19,364,099	338,622	SH		DFND	0	0	338,622	0
TOMPKINTRUSTCO INC	Common	890110109	2,585	48	SH		DFND	0	0	48	0
TRAVELERS COMPANIES INC COM	Common	89417E109	5,392,227	49,868	SH		DFND	0	0	49,868	0
TRUSTCO BK CORP N Y COM	Common	898349105	2,298	334	SH		DFND	0	0	334	0
TYSON FOODS INC CL A	Common	902494103	3,418,045	89,244	SH		DFND	0	0	89,244	0
U.S. PHYSICAL THERAPY INC.	Common	90337L108	2,803	59	SH		DFND	0	0	59	0
UBIQUITI NETWORKS INC	Common	90347A100	1,507	51	SH		DFND	0	0	51	0
UNION PAC CORP COM	Common	907818108	5,899,212	54,466	SH		DFND	0	0	54,466	0
UNITED COMMUNITY BANKS INC.	Common	90984P303	2,587	137	SH		DFND	0	0	137	0
UNITED TECHNOLOGIES CORP COM	Common	913017109	99,503	849	SH		DFND	0	0	849	0
UNITED THERAPEUTICS CORP	Common	91307C102	1,897	11	SH		DFND	0	0	11	0
UNITEDHEALTH GROUP INC COM	Common	91324P102	3,825,025	32,336	SH		DFND	0	0	32,336	0
UNITIL CORP.	Common	913259107	1,634	47	SH		DFND	0	0	47	0
UNUM GROUP COM	Common	91529Y106	1,760,402	52,191	SH		DFND	0	0	52,191	0
US BANCORP DEL COM NEW	Common	902973304	29,520,090	675,981	SH		DFND	0	0	675,981	0
VALERO ENERGY CORP NEW COM	Common	91913Y100	2,215,885	34,830	SH		DFND	0	0	34,830	0
VECTREN CORP.	Common	92240G101	1,898	43	SH		DFND	0	0	43	0
VERIZON COMMUNICATIONS INC COM	Common	92343V104	6,289,318	129,330	SH		DFND	0	0	129,330	0
VERSIGN INC	Common	92343E102	4,327,267	64,615	SH		DFND	0	0	64,615	0
WABASH NATL CORP COM	Common	929566107	2,679	190	SH		DFND	0	0	190	0
WAL MART STORES INC COM	Common	931142103	103,882	1,263	SH		DFND	0	0	1,263	0
WASHINGTON FEDERAL INC.	Common	938824109	1,941	89	SH		DFND	0	0	89	0
WELLS FARGO & CO NEW COM	Common	949746101	118,755	2,183	SH		DFND	0	0	2,183	0
WENDYS INTL INC COM	Common	95058W100	556	51	SH		DFND	0	0	51	0
WESTERN ASSET MTG CAP CORP COM	Common	95790D105	2,458	163	SH		DFND	0	0	163	0
WESTERN DIGITAL CORP COM	Common	958102105	27,238,110	299,287	SH		DFND	0	0	299,287	0
WESTERN UN CO COM	Common	959802109	4,222,183	202,892	SH		DFND	0	0	202,892	0
WEYERHAEUSER CO COM	Common	962166104	4,298,163	129,658	SH		DFND	0	0	129,658	0
WHITING PETROLEUM CORP	Common	966387102	13,986,607	452,641	SH		DFND	0	0	452,641	0
WISCONSIN ENERGY CORP COM	Common	976657106	110,484	2,232	SH		DFND	0	0	2,232	0
WORTHINGTON INDS INC COM	Common	981811102	798	30	SH		DFND	0	0	30	0
WYNDHAM WORLDWIDE CORP COM	Common	98310W108	1,539,347	17,015	SH		DFND	0	0	17,015	0
XL GROUP PLC SHS	Common	G98290102	38,861	1,056	SH		DFND	0	0	1,056	0
ISHARES FLOATING	Common	46429B655	10,128	200	SH		DFND	0	0	200	0
ISHARES INTERM CR BD ETF	Common	464288638	26,561	240	SH		DFND	0	0	240	0
ISHARES INTERMEDIATE	Common	464288612	83,850	750	SH		DFND	0	0	750	0
CASA LEY CVR	Common	786CVR209	2,882	2,840	SH		DFND	0	0	2,840	0
PDC CVR	Common	786CVR308	139	2,840	SH		DFND	0	0	2,840	0