Park Avenue Institutional Advisers 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
ADT CORP/THE	COM	00101J106	35	1,069	SH		DFND	1	1,069	0	0
AFLAC INC	COM	001055102	166	2,764	SH		DFND	1	2,764	0	0
AGL RESOURCES INC	COM	001204106	50	784	SH		DFND	1	784	0	0
AES CORP	COM	00130H105	42	4,358	SH		DFND	1	4,358	0	0
AT+T INC	COM	00206R102	1,371	39,845	SH		DFND	1	39,845	0	0
ABBOTT LABORATORIES	COM	002824100	434	9,662	SH		DFND	1	9,662	0	0
ABBVIE INC	COM	00287Y109	627	10,588	SH		DFND	1	10,588	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	127	3,268	SH		DFND	1	3,268	0	0
ADOBE SYSTEMS INC	COM	00724F101	304	3,231	SH		DFND	1	3,231	0	0
ADVANCE AUTO PARTS INC	COM	00751Y106	71	475	SH		DFND	1	475	0	0
AETNA INC	COM	00817Y108	244	2,259	SH		DFND	1	2,259	0	0
AFFILIATED MANAGERS GROUP	COM	008252108	57	354	SH		DFND	1	354	0	0
AGILENT TECHNOLOGIES INC	COM	00846U101	90	2,147	SH		DFND	1	2,147	0	0
AIR PRODUCTS + CHEMICALS INC	COM	009158106	164	1,263	SH		DFND	1	1,263	0	0
AIRGAS INC	COM	009363102	58	421	SH		DFND	1	421	0	0
AKAMAI TECHNOLOGIES INC	COM	00971T101	61	1,153	SH		DFND	1	1,153	0	0
ALCOA INC	COM	013817101	84	8,486	SH		DFND	1	8,486	0	0
ALEXION PHARMACEUTICALS INC	COM	015351109	278	1,460	SH		DFND	1	1,460	0	0
ALLIANCE DATA SYSTEMS CORP	COM	018581108	111	401	SH		DFND	1	401	0	0
ALLSTATE CORP	COM	020002101	156	2,509	SH		DFND	1	2,509	0	0
ALPHABET INC	CL C	02079K107	1,461	1,925	SH		DFND	1	1,925	0	0
ALPHABET INC	CL A	02079K305	1,468	1,887	SH		DFND	1	1,887	0	0
ALTRIA GROUP INC	COM	02209S103	739	12,699	SH		DFND	1	12,699	0	0
AMAZONCOM INC	COM	023135106	1,683	2,490	SH		DFND	1	2,490	0	0
AMEREN CORPORATION	COM	023608102	68	1,572	SH		DFND	1	1,572	0	0
AMERICAN AIRLINES GROUP INC	COM	02376R102	173	4,083	SH		DFND	1	4,083	0	0
AMERICAN ELECTRIC POWER	COM	025537101	185	3,179	SH		DFND	1	3,179	0	0
AMERICAN EXPRESS CO	COM	025816109	377	5,419	SH		DFND	1	5,419	0	0
AMERICAN INTERNATIONAL GROUP	COM	026874784	497	8,012	SH		DFND	1	8,012	0	0
AMERICAN TOWER CORP	COM	03027X100	266	2,744	SH		DFND	1	2,744	0	0
AMERISOURCEBERGEN CORP	COM	03073E105	131	1,266	SH		DFND	1	1,266	0	0
AMERIPRISE FINANCIAL INC	COM	03076C106	120	1,128	SH		DFND	1	1,128	0	0
AMETEK INC	COM	031100100	83	1,541	SH		DFND	1	1,541	0	0
AMGEN INC	COM	031162100	793	4,886	SH		DFND	1	4,886	0	0
AMPHENOL CORP	CL A	032095101	104	1,997	SH		DFND	1	1,997	0	0
ANADARKO PETROLEUM CORP	COM	032511107	160	3,291	SH		DFND	1	3,291	0	0
ANALOG DEVICES INC	COM	032654105	112	2,022	SH		DFND	1	2,022	0	0
ANTHEM INC	COM	036752103	236	1,691	SH		DFND	1	1,691	0	0
APACHE CORP	COM	037411105	109	2,449	SH		DFND	1	2,449	0	0
APARTMENT INVT + MGMT CO	CL A	03748R101	41	1,020	SH		DFND	1	1,020	0	0
APPLE INC	COM	037833100	3,801	36,109	SH		DFND	1	36,109	0	0
APPLIED MATERIALS INC	COM	038222105	139	7,443	SH		DFND	1	7,443	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	142	3,865	SH		DFND	1	3,865	0	0
ASSURANT INC	COM	04621X108	35	436	SH		DFND	1	436	0	0
AUTODESK INC	COM	052769106	89	1,465	SH		DFND	1	1,465	0	0
AUTOMATIC DATA PROCESSING	COM	053015103	253	2,987	SH		DFND	1	2,987	0	0
AUTONATION INC	COM	05329W102	30	495	SH		DFND	1	495	0	0
AUTOZONE INC	COM	053332102	147	198	SH		DFND	1	198	0	0
AVALONBAY COMMUNITIES INC	COM	053484101	163	886	SH		DFND	1	886	0	0
AVERY DENNISON CORP	COM	053611109	37	597	SH		DFND	1	597	0	0
BB+T CORP	COM	054937107	191	5,053	SH		DFND	1	5,053	0	0
BAKER HUGHES INC	COM	057224107	130	2,825	SH		DFND	1	2,825	0	0
BALL CORP	COM	058498106	64	883	SH		DFND	1	883	0	0
BANK OF AMERICA CORP	COM	060505104	1,135	67,437	SH		DFND	1	67,437	0	0
BANK OF NEW YORK MELLON CORP	COM	064058100	292	7,079	SH		DFND	1	7,079	0	0
CR BARD INC	COM	067383109	92	485	SH		DFND	1	485	0	0
BAXALTA INC	COM	07177M103	137	3,516	SH		DFND	1	3,516	0	0
BAXTER INTERNATIONAL INC	COM	071813109	135	3,543	SH		DFND	1	3,543	0	0
BECTON DICKINSON AND CO	COM	075887109	211	1,372	SH		DFND	1	1,372	0	0
BED BATH + BEYOND INC	COM	075896100	52	1,081	SH		DFND	1	1,081	0	0
BERKSHIRE HATHAWAY INC	CL B	084670702	1,602	12,134	SH		DFND	1	12,134	0	0
BEST BUY CO INC	COM	086516101	59	1,932	SH		DFND	1	1,932	0	0
BIOGEN INC	COM	09062X103	442	1,444	SH		DFND	1	1,444	0	0
BLACKROCK INC	COM	09247X101	279	818	SH		DFND	1	818	0	0
H+R BLOCK INC	COM	093671105	51	1,528	SH		DFND	1	1,528	0	0
BOEING CO/THE	COM	097023105	590	4,079	SH		DFND	1	4,079	0	0
BORGWARNER INC	COM	099724106	63	1,452	SH		DFND	1	1,452	0	0
BOSTON PROPERTIES INC	COM	101121101	128	1,002	SH		DFND	1	1,002	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	161	8,713	SH		DFND	1	8,713	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	743	10,805	SH		DFND	1	10,805	0	0
BROADCOM CORP	CL A	111320107	210	3,634	SH		DFND	1	3,634	0	0
BROWN FORMAN CORP	CL B	115637209	65	659	SH		DFND	1	659	0	0
CBS CORP	CL B NON VTG	124857202	132	2,809	SH		DFND	1	2,809	0	0
CBRE GROUP INC	CL A	12504L109	65	1,892	SH		DFND	1	1,892	0	0
CF INDUSTRIES HOLDINGS INC	COM	125269100	62	1,510	SH		DFND	1	1,510	0	0
CH ROBINSON WORLDWIDE INC	COM	12541W209	57	926	SH		DFND	1	926	0	0
CIGNA CORP	COM	125509109	244	1,669	SH		DFND	1	1,669	0	0
CME GROUP INC	COM	12572Q105	199	2,191	SH		DFND	1	2,191	0	0
CMS ENERGY CORP	COM	125896100	65	1,795	SH		DFND	1	1,795	0	0
CSX CORP	COM	126408103	164	6,315	SH		DFND	1	6,315	0	0
CSRA INC	COM	12650T104	27	892	SH		DFND	1	892	0	0
CVS HEALTH CORP	COM	126650100	701	7,172	SH		DFND	1	7,172	0	0
CA INC	COM	12673P105	58	2,018	SH		DFND	1	2,018	0	0
CABLEVISION SYSTEMS NY GRP	CL A	12686C109	46	1,451	SH		DFND	1	1,451	0	0
CABOT OIL + GAS CORP	COM	127097103	47	2,681	SH		DFND	1	2,681	0	0
CAMERON INTERNATIONAL CORP	COM	13342B105	78	1,238	SH		DFND	1	1,238	0	0
CAMPBELL SOUP CO	COM	134429109	61	1,164	SH		DFND	1	1,164	0	0
CAPITAL ONE FINANCIAL CORP	COM	14040H105	249	3,446	SH		DFND	1	3,446	0	0
CARDINAL HEALTH INC	COM	14149Y108	191	2,136	SH		DFND	1	2,136	0	0
CARMAX INC	COM	143130102	71	1,313	SH		DFND	1	1,313	0	0
CARNIVAL CORP	COM	143658300	162	2,982	SH		DFND	1	2,982	0	0
CATERPILLAR INC	COM	149123101	256	3,771	SH		DFND	1	3,771	0	0
CELGENE CORP	COM	151020104	609	5,089	SH		DFND	1	5,089	0	0
CENTERPOINT ENERGY INC	COM	15189T107	51	2,787	SH		DFND	1	2,787	0	0
CENTURYLINK INC	COM	156700106	89	3,556	SH		DFND	1	3,556	0	0
CERNER CORP	COM	156782104	119	1,972	SH		DFND	1	1,972	0	0
CHESAPEAKE ENERGY CORP	COM	165167107	15	3,374	SH		DFND	1	3,374	0	0
CHEVRON CORP	COM	166764100	1,097	12,189	SH		DFND	1	12,189	0	0
CHIPOTLE MEXICAN GRILL INC	COM	169656105	97	202	SH		DFND	1	202	0	0
CHUBB CORP	COM	171232101	195	1,471	SH		DFND	1	1,471	0	0
CIMAREX ENERGY CO	COM	171798101	56	622	SH		DFND	1	622	0	0
CINCINNATI FINANCIAL CORP	COM	172062101	57	964	SH		DFND	1	964	0	0
CISCO SYSTEMS INC	COM	17275R102	893	32,876	SH		DFND	1	32,876	0	0
CINTAS CORP	COM	172908105	52	567	SH		DFND	1	567	0	0
CITIGROUP INC	COM	172967424	998	19,294	SH		DFND	1	19,294	0	0
CITRIX SYSTEMS INC	COM	177376100	75	997	SH		DFND	1	997	0	0
CLOROX COMPANY	COM	189054109	107	840	SH		DFND	1	840	0	0
COACH INC	COM	189754104	59	1,805	SH		DFND	1	1,805	0	0
COCA COLA CO/THE	COM	191216100	1,089	25,350	SH		DFND	1	25,350	0	0
COCA COLA ENTERPRISES	COM	19122T109	67	1,353	SH		DFND	1	1,353	0	0
COGNIZANT TECH SOLUTIONS	CL A	192446102	236	3,939	SH		DFND	1	3,939	0	0
COLGATE PALMOLIVE CO	COM	194162103	387	5,809	SH		DFND	1	5,809	0	0
COLUMBIA PIPELINE GROUP	COM	198280109	50	2,520	SH		DFND	1	2,520	0	0
COMCAST CORP	CL A	20030N101	892	15,815	SH		DFND	1	15,815	0	0
COMERICA INC	COM	200340107	48	1,145	SH		DFND	1	1,145	0	0
CONAGRA FOODS INC	COM	205887102	118	2,804	SH		DFND	1	2,804	0	0
CONOCOPHILLIPS	COM	20825C104	373	7,997	SH		DFND	1	7,997	0	0
CONSOL ENERGY INC	COM	20854P109	12	1,495	SH		DFND	1	1,495	0	0
CONSOLIDATED EDISON INC	COM	209115104	122	1,899	SH		DFND	1	1,899	0	0
CONSTELLATION BRANDS INC	CL A	21036P108	160	1,123	SH		DFND	1	1,123	0	0
CORNING INC	COM	219350105	140	7,662	SH		DFND	1	7,662	0	0
COSTCO WHOLESALE CORP	COM	22160K105	458	2,833	SH		DFND	1	2,833	0	0
CROWN CASTLE INTL CORP	COM	22822V101	187	2,162	SH		DFND	1	2,162	0	0
CUMMINS INC	COM	231021106	94	1,064	SH		DFND	1	1,064	0	0
DR HORTON INC	COM	23331A109	68	2,130	SH		DFND	1	2,130	0	0
DTE ENERGY COMPANY	COM	233331107	94	1,171	SH		DFND	1	1,171	0	0
DANAHER CORP W/D	COM	235851102	359	3,862	SH		DFND	1	3,862	0	0
DARDEN RESTAURANTS INC	COM	237194105	47	744	SH		DFND	1	744	0	0
DAVITA HEALTHCARE PARTNERS I	COM	23918K108	75	1,080	SH		DFND	1	1,080	0	0
DEERE + CO	COM	244199105	154	2,020	SH		DFND	1	2,020	0	0
DELTA AIR LINES INC	COM	247361702	258	5,094	SH		DFND	1	5,094	0	0
DENTSPLY INTERNATIONAL INC	COM	249030107	56	913	SH		DFND	1	913	0	0
DEVON ENERGY CORP	COM	25179M103	80	2,503	SH		DFND	1	2,503	0	0
DIAMOND OFFSHORE DRILLING	COM	25271C102	9	418	SH		DFND	1	418	0	0
WALT DISNEY CO/THE	COM	254687106	1,035	9,851	SH		DFND	1	9,851	0	0
DISCOVER FINANCIAL SERVICES	COM	254709108	148	2,769	SH		DFND	1	2,769	0	0
DISCOVERY COMMUNICATIONS	CL A	25470F104	26	975	SH		DFND	1	975	0	0
DISCOVERY COMMUNICATIONS	CL C	25470F302	42	1,671	SH		DFND	1	1,671	0	0
DOLLAR GENERAL CORP	COM	256677105	135	1,885	SH		DFND	1	1,885	0	0
DOLLAR TREE INC	COM	256746108	117	1,521	SH		DFND	1	1,521	0	0
DOMINION RESOURCES INC/VA	COM	25746U109	261	3,856	SH		DFND	1	3,856	0	0
DOVER CORP	COM	260003108	62	1,004	SH		DFND	1	1,004	0	0
DOW CHEMICAL CO W/D	COM	260543103	375	7,283	SH		DFND	1	7,283	0	0
DR PEPPER SNAPPLE GROUP INC	COM	26138E109	114	1,224	SH		DFND	1	1,224	0	0
DU PONT (EI) DE NEMOURS	COM	263534109	378	5,677	SH		DFND	1	5,677	0	0
DUKE ENERGY CORP	COM	26441C204	318	4,458	SH		DFND	1	4,458	0	0
DUN + BRADSTREET CORP	COM	26483E100	25	240	SH		DFND	1	240	0	0
EMC CORP/MA	COM	268648102	322	12,556	SH		DFND	1	12,556	0	0
EOG RESOURCES INC	COM	26875P101	252	3,561	SH		DFND	1	3,561	0	0
EQT CORP	COM	26884L109	52	995	SH		DFND	1	995	0	0
E TRADE FINANCIAL CORP	COM	269246401	56	1,894	SH		DFND	1	1,894	0	0
EASTMAN CHEMICAL CO	COM	277432100	65	970	SH		DFND	1	970	0	0
EBAY INC	COM	278642103	197	7,154	SH		DFND	1	7,154	0	0
ECOLAB INC	COM	278865100	197	1,722	SH		DFND	1	1,722	0	0
EDISON INTERNATIONAL	COM	281020107	125	2,111	SH		DFND	1	2,111	0	0
EDWARDS LIFESCIENCES CORP	COM	28176E108	111	1,404	SH		DFND	1	1,404	0	0
ELECTRONIC ARTS INC	COM	285512109	138	2,013	SH		DFND	1	2,013	0	0
EMERSON ELECTRIC CO	COM	291011104	203	4,240	SH		DFND	1	4,240	0	0
ENTERGY CORP	COM	29364G103	79	1,156	SH		DFND	1	1,156	0	0
EQUIFAX INC	COM	294429105	86	772	SH		DFND	1	772	0	0
EQUINIX INC	COM	29444U700	121	401	SH		DFND	1	401	0	0
EQUITY RESIDENTIAL	COM	29476L107	193	2,360	SH		DFND	1	2,360	0	0
ESSEX PROPERTY TRUST INC	COM	297178105	103	429	SH		DFND	1	429	0	0
EVERSOURCE ENERGY	COM	30040W108	105	2,055	SH		DFND	1	2,055	0	0
EXELON CORP	COM	30161N101	165	5,956	SH		DFND	1	5,956	0	0
EXPEDIA INC	COM	30212P303	95	762	SH		DFND	1	762	0	0
EXPEDITORS INTL WASH INC	COM	302130109	54	1,208	SH		DFND	1	1,208	0	0
EXPRESS SCRIPTS HOLDING CO	COM	30219G108	383	4,380	SH		DFND	1	4,380	0	0
EXXON MOBIL CORP	COM	30231G102	2,102	26,962	SH		DFND	1	26,962	0	0
FLIR SYSTEMS INC	COM	302445101	25	895	SH		DFND	1	895	0	0
FMC CORP	COM	302491303	34	872	SH		DFND	1	872	0	0
FMC TECHNOLOGIES INC	COM	30249U101	43	1,477	SH		DFND	1	1,477	0	0
FACEBOOK INC	CL A	30303M102	1,539	14,705	SH		DFND	1	14,705	0	0
FASTENAL CO	COM	311900104	77	1,877	SH		DFND	1	1,877	0	0
FEDEX CORP	COM	31428X106	253	1,701	SH		DFND	1	1,701	0	0
F5 NETWORKS INC	COM	315616102	45	464	SH		DFND	1	464	0	0
FIDELITY NATIONAL INFO SERV	COM	31620M106	109	1,797	SH		DFND	1	1,797	0	0
FIFTH THIRD BANCORP	COM	316773100	103	5,145	SH		DFND	1	5,145	0	0
FIRST SOLAR INC	COM	336433107	32	491	SH		DFND	1	491	0	0
FISERV INC	COM	337738108	135	1,481	SH		DFND	1	1,481	0	0
FIRSTENERGY CORP	COM	337932107	87	2,740	SH		DFND	1	2,740	0	0
FLUOR CORP	COM	343412102	43	918	SH		DFND	1	918	0	0
FLOWSERVE CORP	COM	34354P105	36	848	SH		DFND	1	848	0	0
FORD MOTOR CO	COM	345370860	356	25,244	SH		DFND	1	25,244	0	0
FOSSIL GROUP INC	COM	34988V106	10	276	SH		DFND	1	276	0	0
FRANKLIN RESOURCES INC	COM	354613101	90	2,455	SH		DFND	1	2,455	0	0
FREEPORT MCMORAN INC	COM	35671D857	51	7,485	SH		DFND	1	7,485	0	0
FRONTIER COMMUNICATIONS CORP	COM	35906A108	35	7,566	SH		DFND	1	7,566	0	0
GAMESTOP CORP	CL A	36467W109	19	684	SH		DFND	1	684	0	0
GAP INC/THE	COM	364760108	37	1,484	SH		DFND	1	1,484	0	0
GENERAL DYNAMICS CORP	COM	369550108	264	1,925	SH		DFND	1	1,925	0	0
GENERAL ELECTRIC CO W/D	COM	369604103	1,904	61,125	SH		DFND	1	61,125	0	0
GENERAL GROWTH PROPERTIES	COM	370023103	103	3,772	SH		DFND	1	3,772	0	0
GENERAL MILLS INC	COM	370334104	223	3,871	SH		DFND	1	3,871	0	0
GENERAL MOTORS CO	COM	37045V100	312	9,172	SH		DFND	1	9,172	0	0
GENUINE PARTS CO	COM	372460105	84	977	SH		DFND	1	977	0	0
GILEAD SCIENCES INC	COM	375558103	945	9,334	SH		DFND	1	9,334	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	463	2,570	SH		DFND	1	2,570	0	0
GOODYEAR TIRE + RUBBER CO	COM	382550101	57	1,742	SH		DFND	1	1,742	0	0
WW GRAINGER INC	COM	384802104	76	375	SH		DFND	1	375	0	0
GRAY TELEVISION INC	COM	389375106	245	15,000	SH		DFND	1	15,000	0	0
HCA HOLDINGS INC	COM	40412C101	137	2,033	SH		DFND	1	2,033	0	0
HCP INC	COM	40414L109	115	3,019	SH		DFND	1	3,019	0	0
HP INC	COM	40434L105	139	11,700	SH		DFND	1	11,700	0	0
HALLIBURTON CO	COM	406216101	189	5,543	SH		DFND	1	5,543	0	0
HANESBRANDS INC	COM	410345102	75	2,538	SH		DFND	1	2,538	0	0
HARLEY DAVIDSON INC	COM	412822108	57	1,251	SH		DFND	1	1,251	0	0
HARMAN INTERNATIONAL	COM	413086109	44	470	SH		DFND	1	470	0	0
HARRIS CORP	COM	413875105	70	809	SH		DFND	1	809	0	0
HARTFORD FINANCIAL SVCS GRP	COM	416515104	115	2,653	SH		DFND	1	2,653	0	0
HASBRO INC	COM	418056107	49	734	SH		DFND	1	734	0	0
HELMERICH + PAYNE	COM	423452101	38	704	SH		DFND	1	704	0	0
HERSHEY CO/THE	COM	427866108	83	931	SH		DFND	1	931	0	0
HESS CORP	COM	42809H107	75	1,557	SH		DFND	1	1,557	0	0
HEWLETT PACKARD ENTERPRIS	COM	42824C109	177	11,647	SH		DFND	1	11,647	0	0
HOME DEPOT INC	COM	437076102	1,086	8,212	SH		DFND	1	8,212	0	0
HONEYWELL INTERNATIONAL INC	COM	438516106	517	4,992	SH		DFND	1	4,992	0	0
HORMEL FOODS CORP	COM	440452100	70	880	SH		DFND	1	880	0	0
HOST HOTELS + RESORTS INC	COM	44107P104	75	4,868	SH		DFND	1	4,868	0	0
HUMANA INC	COM	444859102	173	967	SH		DFND	1	967	0	0
HUNT (JB) TRANSPRT SVCS INC	COM	445658107	43	587	SH		DFND	1	587	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	57	5,160	SH		DFND	1	5,160	0	0
ILLINOIS TOOL WORKS	COM	452308109	196	2,119	SH		DFND	1	2,119	0	0
ILLUMINA INC	COM	452327109	181	943	SH		DFND	1	943	0	0
INTEL CORP	COM	458140100	1,053	30,563	SH		DFND	1	30,563	0	0
INTERCONTINENTAL EXCHANGE IN	COM	45866F104	182	711	SH		DFND	1	711	0	0
INTL BUSINESS MACHINES CORP	COM	459200101	796	5,781	SH		DFND	1	5,781	0	0
INTL FLAVORS + FRAGRANCES	COM	459506101	63	526	SH		DFND	1	526	0	0
INTERNATIONAL PAPER CO	COM	460146103	101	2,685	SH		DFND	1	2,685	0	0
INTERPUBLIC GROUP OF COS INC	COM	460690100	61	2,632	SH		DFND	1	2,632	0	0
INTUIT INC	COM	461202103	165	1,710	SH		DFND	1	1,710	0	0
INTUITIVE SURGICAL INC	COM	46120E602	134	246	SH		DFND	1	246	0	0
IRON MOUNTAIN INC	COM	46284V101	34	1,252	SH		DFND	1	1,252	0	0
JPMORGAN CHASE + CO	COM	46625H100	1,574	23,841	SH		DFND	1	23,841	0	0
JACOBS ENGINEERING GROUP INC	COM	469814107	33	794	SH		DFND	1	794	0	0
JOHNSON + JOHNSON	COM	478160104	1,841	17,921	SH		DFND	1	17,921	0	0
JOHNSON CONTROLS INC	COM	478366107	166	4,195	SH		DFND	1	4,195	0	0
JUNIPER NETWORKS INC	COM	48203R104	64	2,308	SH		DFND	1	2,308	0	0
KLA TENCOR CORP	COM	482480100	70	1,010	SH		DFND	1	1,010	0	0
KANSAS CITY SOUTHERN	COM	485170302	53	707	SH		DFND	1	707	0	0
KELLOGG CO	COM	487836108	120	1,661	SH		DFND	1	1,661	0	0
KEURIG GREEN MOUNTAIN INC	COM	49271M100	68	753	SH		DFND	1	753	0	0
KEYCORP	COM	493267108	71	5,411	SH		DFND	1	5,411	0	0
KIMBERLY CLARK CORP	COM	494368103	299	2,351	SH		DFND	1	2,351	0	0
KIMCO REALTY CORP	COM	49446R109	71	2,677	SH		DFND	1	2,677	0	0
KINDER MORGAN INC W/I	COM	49456B101	177	11,850	SH		DFND	1	11,850	0	0
KOHLS CORP	COM	500255104	59	1,230	SH		DFND	1	1,230	0	0
KRAFT HEINZ CO/THE	COM	500754106	280	3,851	SH		DFND	1	3,851	0	0
KROGER CO	COM	501044101	264	6,305	SH		DFND	1	6,305	0	0
L BRANDS INC	COM	501797104	158	1,650	SH		DFND	1	1,650	0	0
L 3 COMMUNICATIONS HOLDINGS	COM	502424104	61	508	SH		DFND	1	508	0	0
LABORATORY CRP OF AMER HLDGS	COM	50540R409	81	657	SH		DFND	1	657	0	0
LAM RESEARCH CORP	COM	512807108	82	1,033	SH		DFND	1	1,033	0	0
ESTEE LAUDER COMPANIES	CL A	518439104	127	1,442	SH		DFND	1	1,442	0	0
LEGGETT + PLATT INC	COM	524660107	37	882	SH		DFND	1	882	0	0
LEGG MASON INC	COM	524901105	27	698	SH		DFND	1	698	0	0
LENNAR CORP	CL A	526057104	57	1,159	SH		DFND	1	1,159	0	0
LEUCADIA NATIONAL CORP	COM	527288104	38	2,159	SH		DFND	1	2,159	0	0
LEVEL 3 COMMUNICATIONS INC	COM	52729N308	102	1,869	SH		DFND	1	1,869	0	0
ELI LILLY + CO	COM	532457108	533	6,321	SH		DFND	1	6,321	0	0
LINCOLN NATIONAL CORP	COM	534187109	81	1,603	SH		DFND	1	1,603	0	0
LINEAR TECHNOLOGY CORP	COM	535678106	66	1,549	SH		DFND	1	1,549	0	0
LOCKHEED MARTIN CORP	COM	539830109	372	1,712	SH		DFND	1	1,712	0	0
LOEWS CORP	COM	540424108	70	1,813	SH		DFND	1	1,813	0	0
LOWE S COS INC	COM	548661107	451	5,927	SH		DFND	1	5,927	0	0
M + T BANK CORP	COM	55261F104	125	1,035	SH		DFND	1	1,035	0	0
MACERICH CO/THE	COM	554382101	71	878	SH		DFND	1	878	0	0
MACY S INC	COM	55616P104	71	2,036	SH		DFND	1	2,036	0	0
MARATHON OIL CORP	COM	565849106	55	4,387	SH		DFND	1	4,387	0	0
MARATHON PETROLEUM CORP	COM	56585A102	179	3,452	SH		DFND	1	3,452	0	0
MARSH + MCLENNAN COS	COM	571748102	187	3,379	SH		DFND	1	3,379	0	0
MARRIOTT INTERNATIONAL	CL A	571903202	84	1,249	SH		DFND	1	1,249	0	0
MARTIN MARIETTA MATERIALS	COM	573284106	60	437	SH		DFND	1	437	0	0
MASCO CORP	COM	574599106	62	2,180	SH		DFND	1	2,180	0	0
MASTERCARD INC	CL A	57636Q104	624	6,414	SH		DFND	1	6,414	0	0
MATTEL INC	COM	577081102	60	2,198	SH		DFND	1	2,198	0	0
MCCORMICK + CO	NON VTG SHRS	579780206	65	757	SH		DFND	1	757	0	0
MCDONALD S CORP	COM	580135101	703	5,947	SH		DFND	1	5,947	0	0
MCGRAW HILL FINANCIAL INC	COM	580645109	173	1,751	SH		DFND	1	1,751	0	0
MCKESSON CORP	COM	58155Q103	294	1,491	SH		DFND	1	1,491	0	0
MEAD JOHNSON NUTRITION CO	COM	582839106	101	1,277	SH		DFND	1	1,277	0	0
MERCK + CO INC	COM	58933Y105	956	18,093	SH		DFND	1	18,093	0	0
METLIFE INC	COM	59156R108	347	7,200	SH		DFND	1	7,200	0	0
MICROSOFT CORP	COM	594918104	2,870	51,734	SH		DFND	1	51,734	0	0
MICROCHIP TECHNOLOGY INC	COM	595017104	61	1,316	SH		DFND	1	1,316	0	0
MICRON TECHNOLOGY INC	COM	595112103	99	7,024	SH		DFND	1	7,024	0	0
MOHAWK INDUSTRIES INC	COM	608190104	79	419	SH		DFND	1	419	0	0
MOLSON COORS BREWING CO	CL B	60871R209	96	1,021	SH		DFND	1	1,021	0	0
MONDELEZ INTERNATIONAL INC	CL A	609207105	462	10,293	SH		DFND	1	10,293	0	0
MONSANTO CO	COM	61166W101	281	2,849	SH		DFND	1	2,849	0	0
MONSTER BEVERAGE CORP	COM	61174X109	145	972	SH		DFND	1	972	0	0
MOODY S CORP	COM	615369105	112	1,114	SH		DFND	1	1,114	0	0
MORGAN STANLEY	COM	617446448	311	9,782	SH		DFND	1	9,782	0	0
MOSAIC CO/THE	COM	61945C103	60	2,172	SH		DFND	1	2,172	0	0
MOTOROLA SOLUTIONS INC	COM	620076307	72	1,049	SH		DFND	1	1,049	0	0
MURPHY OIL CORP	COM	626717102	24	1,048	SH		DFND	1	1,048	0	0
NRG ENERGY INC	COM	629377508	24	2,035	SH		DFND	1	2,035	0	0
NASDAQ INC	COM	631103108	43	745	SH		DFND	1	745	0	0
NATIONAL OILWELL VARCO INC	COM	637071101	82	2,434	SH		DFND	1	2,434	0	0
NAVIENT CORP	COM	63938C108	27	2,347	SH		DFND	1	2,347	0	0
NETAPP INC	COM	64110D104	50	1,894	SH		DFND	1	1,894	0	0
NETFLIX INC	COM	64110L106	317	2,768	SH		DFND	1	2,768	0	0
NEWELL RUBBERMAID INC	COM	651229106	76	1,730	SH		DFND	1	1,730	0	0
NEWFIELD EXPLORATION CO	COM	651290108	34	1,047	SH		DFND	1	1,047	0	0
NEWMONT MINING CORP	COM	651639106	62	3,427	SH		DFND	1	3,427	0	0
NEWS CORP	CL A	65249B109	33	2,472	SH		DFND	1	2,472	0	0
NEWS CORP	CL B	65249B208	10	704	SH		DFND	1	704	0	0
NEXTERA ENERGY INC	COM	65339F101	310	2,983	SH		DFND	1	2,983	0	0
NIKE INC	CL B	654106103	546	8,740	SH		DFND	1	8,740	0	0
NISOURCE INC	COM	65473P105	40	2,064	SH		DFND	1	2,064	0	0
NOBLE ENERGY INC	COM	655044105	91	2,757	SH		DFND	1	2,757	0	0
NORDSTROM INC	COM	655664100	44	882	SH		DFND	1	882	0	0
NORFOLK SOUTHERN CORP	COM	655844108	164	1,934	SH		DFND	1	1,934	0	0
NORTHERN TRUST CORP	COM	665859104	102	1,408	SH		DFND	1	1,408	0	0
NORTHROP GRUMMAN CORP	COM	666807102	223	1,182	SH		DFND	1	1,182	0	0
NUCOR CORP	COM	670346105	83	2,070	SH		DFND	1	2,070	0	0
NVIDIA CORP	COM	67066G104	109	3,311	SH		DFND	1	3,311	0	0
O REILLY AUTOMOTIVE INC	COM	67103H107	162	639	SH		DFND	1	639	0	0
OCCIDENTAL PETROLEUM CORP	COM	674599105	334	4,947	SH		DFND	1	4,947	0	0
OMNICOM GROUP	COM	681919106	119	1,569	SH		DFND	1	1,569	0	0
ONEOK INC	COM	682680103	34	1,365	SH		DFND	1	1,365	0	0
ORACLE CORP	COM	68389X105	757	20,735	SH		DFND	1	20,735	0	0
OWENS ILLINOIS INC	COM	690768403	18	1,049	SH		DFND	1	1,049	0	0
P G + E CORP	COM	69331C108	169	3,177	SH		DFND	1	3,177	0	0
PNC FINANCIAL SERVICES GROUP	COM	693475105	313	3,289	SH		DFND	1	3,289	0	0
PPG INDUSTRIES INC	COM	693506107	172	1,744	SH		DFND	1	1,744	0	0
PPL CORP	COM	69351T106	148	4,351	SH		DFND	1	4,351	0	0
PVH CORP	COM	693656100	40	539	SH		DFND	1	539	0	0
PACCAR INC	COM	693718108	109	2,290	SH		DFND	1	2,290	0	0
PARKER HANNIFIN CORP	COM	701094104	85	881	SH		DFND	1	881	0	0
PATTERSON COS INC	COM	703395103	24	541	SH		DFND	1	541	0	0
PAYCHEX INC	COM	704326107	110	2,079	SH		DFND	1	2,079	0	0
PAYPAL HOLDINGS INC	COM	70450Y103	261	7,201	SH		DFND	1	7,201	0	0
PEOPLE S UNITED FINANCIAL	COM	712704105	32	2,010	SH		DFND	1	2,010	0	0
PEPCO HOLDINGS INC	COM	713291102	43	1,643	SH		DFND	1	1,643	0	0
PEPSICO INC	COM	713448108	943	9,436	SH		DFND	1	9,436	0	0
PERKINELMER INC	COM	714046109	39	725	SH		DFND	1	725	0	0
PFIZER INC	COM	717081103	1,291	39,980	SH		DFND	1	39,980	0	0
PHILIP MORRIS INTERNATIONAL	COM	718172109	882	10,034	SH		DFND	1	10,034	0	0
PHILLIPS 66	COM	718546104	252	3,075	SH		DFND	1	3,075	0	0
PINNACLE WEST CAPITAL	COM	723484101	47	723	SH		DFND	1	723	0	0
PIONEER NATURAL RESOURCES CO	COM	723787107	122	975	SH		DFND	1	975	0	0
PITNEY BOWES INC	COM	724479100	26	1,277	SH		DFND	1	1,277	0	0
PLUM CREEK TIMBER CO	COM	729251108	54	1,125	SH		DFND	1	1,125	0	0
PRAXAIR INC	COM	74005P104	189	1,845	SH		DFND	1	1,845	0	0
PRECISION CASTPARTS CORP	COM	740189105	208	898	SH		DFND	1	898	0	0
T ROWE PRICE GROUP INC	COM	74144T108	116	1,627	SH		DFND	1	1,627	0	0
PRICELINE GROUP INC/THE	COM	741503403	412	323	SH		DFND	1	323	0	0
PRINCIPAL FINANCIAL GROUP	COM	74251V102	79	1,764	SH		DFND	1	1,764	0	0
PROCTER + GAMBLE CO/THE	COM	742718109	1,399	17,620	SH		DFND	1	17,620	0	0
PROGRESSIVE CORP	COM	743315103	120	3,786	SH		DFND	1	3,786	0	0
PROLOGIS INC	COM	74340W103	146	3,396	SH		DFND	1	3,396	0	0
PRUDENTIAL FINANCIAL INC	COM	744320102	237	2,908	SH		DFND	1	2,908	0	0
PUBLIC SERVICE ENTERPRISE GP	COM	744573106	127	3,277	SH		DFND	1	3,277	0	0
PUBLIC STORAGE	COM	74460D109	238	960	SH		DFND	1	960	0	0
PULTEGROUP INC	COM	745867101	37	2,058	SH		DFND	1	2,058	0	0
QORVO INC	COM	74736K101	47	922	SH		DFND	1	922	0	0
QUALCOMM INC	COM	747525103	487	9,735	SH		DFND	1	9,735	0	0
QUANTA SERVICES INC	COM	74762E102	21	1,035	SH		DFND	1	1,035	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	67	937	SH		DFND	1	937	0	0
RALPH LAUREN CORP	COM	751212101	43	390	SH		DFND	1	390	0	0
RANGE RESOURCES CORP	COM	75281A109	27	1,105	SH		DFND	1	1,105	0	0
RAYTHEON COMPANY	COM	755111507	243	1,951	SH		DFND	1	1,951	0	0
REALTY INCOME CORP	COM	756109104	83	1,617	SH		DFND	1	1,617	0	0
RED HAT INC	COM	756577102	98	1,184	SH		DFND	1	1,184	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	274	505	SH		DFND	1	505	0	0
REGIONS FINANCIAL CORP	COM	7591EP100	81	8,455	SH		DFND	1	8,455	0	0
REPUBLIC SERVICES INC	COM	760759100	68	1,552	SH		DFND	1	1,552	0	0
REYNOLDS AMERICAN INC	COM	761713106	248	5,369	SH		DFND	1	5,369	0	0
ROBERT HALF INTL INC	COM	770323103	41	860	SH		DFND	1	860	0	0
ROCKWELL AUTOMATION INC	COM	773903109	88	855	SH		DFND	1	855	0	0
ROCKWELL COLLINS INC	COM	774341101	79	860	SH		DFND	1	860	0	0
ROPER TECHNOLOGIES INC	COM	776696106	125	657	SH		DFND	1	657	0	0
ROSS STORES INC	COM	778296103	141	2,623	SH		DFND	1	2,623	0	0
RYDER SYSTEM INC	COM	783549108	20	355	SH		DFND	1	355	0	0
SL GREEN REALTY CORP	COM	78440X101	73	650	SH		DFND	1	650	0	0
ST JUDE MEDICAL INC	COM	790849103	114	1,839	SH		DFND	1	1,839	0	0
SALESFORCECOM INC	COM	79466L302	317	4,048	SH		DFND	1	4,048	0	0
SANDISK CORP	COM	80004C101	99	1,300	SH		DFND	1	1,300	0	0
SCANA CORP	COM	80589M102	56	933	SH		DFND	1	933	0	0
HENRY SCHEIN INC	COM	806407102	86	545	SH		DFND	1	545	0	0
SCHLUMBERGER LTD	COM	806857108	570	8,168	SH		DFND	1	8,168	0	0
SCHWAB (CHARLES) CORP	COM	808513105	256	7,760	SH		DFND	1	7,760	0	0
SCRIPPS NETWORKS INTER	CL A	811065101	34	615	SH		DFND	1	615	0	0
SEALED AIR CORP	COM	81211K100	57	1,279	SH		DFND	1	1,279	0	0
SEMPRA ENERGY	COM	816851109	144	1,537	SH		DFND	1	1,537	0	0
SHERWIN WILLIAMS CO/THE	COM	824348106	134	517	SH		DFND	1	517	0	0
SIMON PROPERTY GROUP INC	COM	828806109	390	2,004	SH		DFND	1	2,004	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	96	1,245	SH		DFND	1	1,245	0	0
JM SMUCKER CO/THE	COM	832696405	96	781	SH		DFND	1	781	0	0
SNAP ON INC	COM	833034101	65	377	SH		DFND	1	377	0	0
SOUTHERN CO/THE	COM	842587107	275	5,887	SH		DFND	1	5,887	0	0
SOUTHWEST AIRLINES CO	COM	844741108	181	4,212	SH		DFND	1	4,212	0	0
SOUTHWESTERN ENERGY CO	COM	845467109	18	2,509	SH		DFND	1	2,509	0	0
SPECTRA ENERGY CORP	COM	847560109	104	4,349	SH		DFND	1	4,349	0	0
STANLEY BLACK + DECKER INC	COM	854502101	104	970	SH		DFND	1	970	0	0
STAPLES INC	COM	855030102	39	4,169	SH		DFND	1	4,169	0	0
STARBUCKS CORP	COM	855244109	577	9,617	SH		DFND	1	9,617	0	0
STARWOOD HOTELS + RESORTS	COM	85590A401	76	1,093	SH		DFND	1	1,093	0	0
STATE STREET CORP	COM	857477103	173	2,614	SH		DFND	1	2,614	0	0
STERICYCLE INC	COM	858912108	67	554	SH		DFND	1	554	0	0
STRYKER CORP	COM	863667101	190	2,046	SH		DFND	1	2,046	0	0
SUNTRUST BANKS INC	COM	867914103	141	3,301	SH		DFND	1	3,301	0	0
SYMANTEC CORP	COM	871503108	92	4,376	SH		DFND	1	4,376	0	0
SYNCHRONY FINANCIAL	COM	87165B103	164	5,401	SH		DFND	1	5,401	0	0
SYSCO CORP	COM	871829107	139	3,401	SH		DFND	1	3,401	0	0
TECO ENERGY INC	COM	872375100	41	1,524	SH		DFND	1	1,524	0	0
TJX COMPANIES INC	COM	872540109	308	4,337	SH		DFND	1	4,337	0	0
TARGET CORP	COM	87612E106	290	3,990	SH		DFND	1	3,990	0	0
TEGNA INC	COM	87901J105	37	1,436	SH		DFND	1	1,436	0	0
TENET HEALTHCARE CORP	COM	88033G407	20	650	SH		DFND	1	650	0	0
TERADATA CORP	COM	88076W103	23	867	SH		DFND	1	867	0	0
TESORO CORP	COM	881609101	82	780	SH		DFND	1	780	0	0
TEXAS INSTRUMENTS INC	COM	882508104	360	6,570	SH		DFND	1	6,570	0	0
TEXTRON INC	COM	883203101	74	1,773	SH		DFND	1	1,773	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	367	2,585	SH		DFND	1	2,585	0	0
3M CO	COM	88579Y101	601	3,988	SH		DFND	1	3,988	0	0
TIFFANY + CO	COM	886547108	56	732	SH		DFND	1	732	0	0
TIME WARNER INC	COM	887317303	335	5,178	SH		DFND	1	5,178	0	0
TIME WARNER CABLE	COM	88732J207	341	1,835	SH		DFND	1	1,835	0	0
TORCHMARK CORP	COM	891027104	42	743	SH		DFND	1	743	0	0
TOTAL SYSTEM SERVICES INC	COM	891906109	55	1,105	SH		DFND	1	1,105	0	0
TRACTOR SUPPLY COMPANY	COM	892356106	74	871	SH		DFND	1	871	0	0
TRAVELERS COS INC/THE	COM	89417E109	222	1,971	SH		DFND	1	1,971	0	0
TRIPADVISOR INC	COM	896945201	63	737	SH		DFND	1	737	0	0
TWENTY FIRST CENTURY FOX	CL A	90130A101	206	7,583	SH		DFND	1	7,583	0	0
TWENTY FIRST CENTURY FOX	CL B	90130A200	76	2,793	SH		DFND	1	2,793	0	0
TYSON FOODS INC	CL A	902494103	102	1,915	SH		DFND	1	1,915	0	0
US BANCORP	COM	902973304	454	10,649	SH		DFND	1	10,649	0	0
UNDER ARMOUR INC	CL A	904311107	95	1,175	SH		DFND	1	1,175	0	0
UNION PACIFIC CORP	COM	907818108	433	5,532	SH		DFND	1	5,532	0	0
UNITED CONTINENTAL HOLDINGS	COM	910047109	138	2,415	SH		DFND	1	2,415	0	0
UNITED PARCEL SERVICE	CL B	911312106	434	4,509	SH		DFND	1	4,509	0	0
UNITED RENTALS INC	COM	911363109	44	602	SH		DFND	1	602	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	513	5,343	SH		DFND	1	5,343	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	726	6,173	SH		DFND	1	6,173	0	0
UNIVERSAL HEALTH SERVICES	CL B	913903100	72	599	SH		DFND	1	599	0	0
UNUM GROUP	COM	91529Y106	52	1,577	SH		DFND	1	1,577	0	0
URBAN OUTFITTERS INC	COM	917047102	13	563	SH		DFND	1	563	0	0
VF CORP	COM	918204108	138	2,209	SH		DFND	1	2,209	0	0
VALERO ENERGY CORP	COM	91913Y100	221	3,119	SH		DFND	1	3,119	0	0
VARIAN MEDICAL SYSTEMS INC	COM	92220P105	51	628	SH		DFND	1	628	0	0
VENTAS INC	COM	92276F100	122	2,157	SH		DFND	1	2,157	0	0
VERISIGN INC	COM	92343E102	56	636	SH		DFND	1	636	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	1,218	26,352	SH		DFND	1	26,352	0	0
VERISK ANALYTICS INC	COM	92345Y106	78	1,012	SH		DFND	1	1,012	0	0
VERTEX PHARMACEUTICALS INC	COM	92532F100	201	1,597	SH		DFND	1	1,597	0	0
VIACOM INC	CL B	92553P201	93	2,249	SH		DFND	1	2,249	0	0
VISA INC	CL A	92826C839	978	12,607	SH		DFND	1	12,607	0	0
VORNADO REALTY TRUST	COM	929042109	116	1,157	SH		DFND	1	1,157	0	0
VULCAN MATERIALS CO	COM	929160109	83	869	SH		DFND	1	869	0	0
WEC ENERGY GROUP INC	COM	92939U106	105	2,045	SH		DFND	1	2,045	0	0
WAL MART STORES INC	COM	931142103	623	10,162	SH		DFND	1	10,162	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	480	5,642	SH		DFND	1	5,642	0	0
WASTE MANAGEMENT INC	COM	94106L109	144	2,690	SH		DFND	1	2,690	0	0
WATERS CORP	COM	941848103	72	537	SH		DFND	1	537	0	0
WELLS FARGO + CO	COM	949746101	1,636	30,104	SH		DFND	1	30,104	0	0
WELLTOWER INC	COM	95040Q104	156	2,296	SH		DFND	1	2,296	0	0
WESTERN DIGITAL CORP	COM	958102105	90	1,504	SH		DFND	1	1,504	0	0
WESTERN UNION CO	COM	959802109	59	3,273	SH		DFND	1	3,273	0	0
WESTROCK CO	COM	96145D105	76	1,666	SH		DFND	1	1,666	0	0
WEYERHAEUSER CO	COM	962166104	99	3,306	SH		DFND	1	3,306	0	0
WHIRLPOOL CORP	COM	963320106	75	512	SH		DFND	1	512	0	0
WHOLE FOODS MARKET INC	COM	966837106	74	2,211	SH		DFND	1	2,211	0	0
WILLIAMS COS INC	COM	969457100	114	4,419	SH		DFND	1	4,419	0	0
WYNDHAM WORLDWIDE CORP	COM	98310W108	55	752	SH		DFND	1	752	0	0
WYNN RESORTS LTD	COM	983134107	37	530	SH		DFND	1	530	0	0
XCEL ENERGY INC	COM	98389B100	118	3,287	SH		DFND	1	3,287	0	0
XILINX INC	COM	983919101	78	1,665	SH		DFND	1	1,665	0	0
XEROX CORP	COM	984121103	66	6,164	SH		DFND	1	6,164	0	0
XYLEM INC	COM	98419M100	42	1,162	SH		DFND	1	1,162	0	0
YAHOO INC	COM	984332106	187	5,627	SH		DFND	1	5,627	0	0
YUM BRANDS INC	COM	988498101	204	2,793	SH		DFND	1	2,793	0	0
ZIMMER BIOMET HOLDINGS INC	COM	98956P102	114	1,115	SH		DFND	1	1,115	0	0
ZIONS BANCORPORATION	COM	989701107	36	1,333	SH		DFND	1	1,333	0	0
ZOETIS INC	COM	98978V103	142	2,967	SH		DFND	1	2,967	0	0
ALLEGION PLC	COM	G0176J109	41	626	SH		DFND	1	626	0	0
ALLERGAN PLC	COM	G0177J108	798	2,553	SH		DFND	1	2,553	0	0
AON PLC	COM	G0408V102	164	1,775	SH		DFND	1	1,775	0	0
ACCENTURE PLC	CL A	G1151C101	423	4,047	SH		DFND	1	4,047	0	0
DELPHI AUTOMOTIVE PLC	COM	G27823106	156	1,814	SH		DFND	1	1,814	0	0
EATON CORP PLC	COM	G29183103	156	2,998	SH		DFND	1	2,998	0	0
ENDO INTERNATIONAL PLC	COM	G30401106	83	1,349	SH		DFND	1	1,349	0	0
ENSCO PLC	CL A	G3157S106	23	1,526	SH		DFND	1	1,526	0	0
INGERSOLL RAND PLC	COM	G47791101	93	1,691	SH		DFND	1	1,691	0	0
INVESCO LTD	COM	G491BT108	92	2,746	SH		DFND	1	2,746	0	0
MALLINCKRODT PLC	COM	G5785G107	56	751	SH		DFND	1	751	0	0
MEDTRONIC PLC	COM	G5960L103	701	9,107	SH		DFND	1	9,107	0	0
MICHAEL KORS HOLDINGS LTD	COM	G60754101	48	1,192	SH		DFND	1	1,192	0	0
NIELSEN HOLDINGS PLC	COM	G6518L108	110	2,358	SH		DFND	1	2,358	0	0
SEAGATE TECHNOLOGY	COM	G7945M107	71	1,937	SH		DFND	1	1,937	0	0
PENTAIR PLC	COM	G7S00T104	58	1,175	SH		DFND	1	1,175	0	0
SIGNET JEWELERS LTD	COM	G81276100	64	520	SH		DFND	1	520	0	0
TYCO INTERNATIONAL PLC	COM	G91442106	87	2,738	SH		DFND	1	2,738	0	0
PERRIGO CO PLC	COM	G97822103	138	955	SH		DFND	1	955	0	0
XL GROUP PLC	COM	G98290102	76	1,929	SH		DFND	1	1,929	0	0
ACE LTD	COM	H0023R105	245	2,100	SH		DFND	1	2,100	0	0
GARMIN LTD	COM	H2906T109	29	773	SH		DFND	1	773	0	0
TE CONNECTIVITY LTD	COM	H84989104	162	2,502	SH		DFND	1	2,502	0	0
TRANSOCEAN LTD	COM	H8817H100	27	2,215	SH		DFND	1	2,215	0	0
LYONDELLBASELL INDU	CL A	N53745100	202	2,329	SH		DFND	1	2,329	0	0
MYLAN NV	COM	N59465109	145	2,676	SH		DFND	1	2,676	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	113	1,120	SH		DFND	1	1,120	0	0
AVAGO TECHNOLOGIES LTD	COM	Y0486S104	246	1,696	SH		DFND	1	1,696	0	0