UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES
Investment Company Act file number File No. 811-04415
COLLEGE RETIREMENT EQUITIES FUND
(Exact Name of Registrant as specified in charter)
730 Third Avenue, New York, New York 10017-3206
(Address of Principal Executive Offices) (Zip code)
F. Scott Thomas, Esq.
c/o TIAA-CREF
8500 Andrew Carnegie Blvd.
Charlotte, North Carolina 28262-8500
(Name and address of agent for service)
Registrant’s telephone number, including area code: 704-595-1000
Date of fiscal year end: December 31
Date of reporting period: December 31, 2015
Item 1. Reports to Stockholders.
2015 Annual Report
College Retirement
Equities Fund
December 31, 2015
Understanding your CREF report
This annual report contains information about the eight CREF accounts and describes the accounts’ results for the twelve months ended December 31, 2015. The report contains three main sections:
• | The account performance section compares each account’s investment returns with those of its benchmark index. | |
• | The summary portfolios of investments list the industries and types of securities in which each account had investments as of December 31, 2015. | |
• | The financial statements provide detailed information about the operations and financial condition of each account. |
The views and opinions expressed in this report are through the end of the period, as stated on the cover of this report. They are subject to change at any time based on a variety of factors. As such, they are not guarantees of future performance or investment results and should not be taken as investment advice. The risks of investing in the CREF accounts vary from account to account; to see the risks of investing in an individual account, please refer to the latest CREF prospectus.
New share classes added
Beginning April 24, 2015, each CREF account expanded into three classes. Previously, the CREF accounts had a single class structure, which means that each CREF account had the same expense ratio across employer-sponsored and individual plans/products of all sizes. To better align CREF’s pricing structure with the costs of serving a wide range of clients and participants, multiple classes were created. The classes are designated as R1, R2 and R3 for each CREF account. Eligibility for each class was based either upon the amount of aggregate retirement plan assets a participant’s institution has invested in all CREF accounts or, for participant assets not associated with a retirement plan, the type of product through which the CREF assets are held.
After multi-classing, expense ratios experienced by participants invested in a particular account will vary depending on the class in which they are invested. While an account’s administrative and distribution expenses and total expense ratios will vary among classes, each account’s advisory expenses and mortality and expense risk charges will be the same across all classes. Additionally, the investment objective, strategy and risk profile for each account will remain the same, and CREF will continue to be provided on an at-cost basis, with each class paying for its related costs.
As always, you should carefully consider the investment objectives, risks, charges and expenses of any account before investing. For a prospectus that contains this and other important information, please visit our website at tiaa-cref.org, or call 877 518-9161. We urge you to read the prospectus carefully before investing.
2 | 2015 Annual Report ■ College Retirement Equities Fund |
Information for CREF participants
Portfolio holdings
Securities and Exchange Commission (SEC) rules allow investment companies to list the top holdings of each account in their annual and semiannual reports, instead of providing complete portfolio listings. CREF also files complete portfolio listings with the SEC, and they are available to the public.
You can obtain a complete list of CREF’s portfolio holdings (Schedules of Investments) as of the most recently completed fiscal quarter in the following ways:
• | By visiting our website at tiaa-cref.org; or | |
• | By calling us at 800 842-2252 to request a copy, which will be provided free of charge. |
You can also obtain a complete list of CREF’s portfolio holdings as of the most recently completed fiscal quarter, and for prior quarter-ends, from our SEC Form N-CSR and Form N-Q filings. Form N-CSR filings are as of December 31 or June 30; Form N-Q filings are as of March 31 or September 30. Copies of these forms are available:
• | Through the Electronic Data Gathering and Retrieval System (EDGAR) on the SEC’s website at www.sec.gov; or | |
• | From the SEC’s Office of Investor Education and Advocacy. (Call 202 551-8090 for more information.) |
Proxy voting
CREF’s ownership of stock gives it the right to vote on proxy issues of companies in which it invests. A description of our proxy voting policies and procedures can be found on our website at tiaa-cref.org or on the SEC’s web-site at www.sec.gov. You can also call us at 800 842-2252 to request a free copy. A report of how the accounts voted during the most recently completed twelve-month period ended June 30 can be found on our website or on Form N-PX at www.sec.gov.
Contacting TIAA-CREF
There are three easy ways to contact us: by email, using the Contact Us link at the top of our home page; by mail at TIAA-CREF, 730 Third Avenue, New York, NY 10017–3206; or by phone at 800 842-2252.
Account management
The CREF accounts are managed by the portfolio management teams of TIAA-CREF Investment Management, LLC. The members of these teams are responsible for the day-to-day investment management of the accounts.
College Retirement Equities Fund ■ 2015 Annual Report | 3 |
About the accounts’ benchmarks
CREF Stock Account
The account’s composite benchmark is a weighted average of two indexes: the Russell 3000® Index, which measures the performance of the broad U.S. stock market, and the MSCI All Country World ex USA Investable Market Index, which measures the performance of large- , mid- and small-cap stocks in 45 developed and emerging market nations throughout the world, excluding the United States.
CREF Global Equities Account
The account’s benchmark is the MSCI World Index, an aggregate of 23 country indexes in developed market nations, including the United States.
CREF Growth Account
The account’s benchmark is the Russell 1000® Growth Index, a subset of the Russell 1000 Index, which measures the performance of the stocks of the 1,000 largest companies in the Russell 3000 Index, based on market capitalization. The Russell 1000 Growth Index measures the performance of those stocks of the Russell 1000 Index with higher relative forecasted growth rates and price/book ratios.
CREF Equity Index Account
The account’s benchmark is the Russell 3000 Index, which measures the performance of the stocks of the 3,000 largest publicly traded U.S. companies, based on market capitalization. The index measures the performance of about 98% of the total market capitalization of the publicly traded U.S. equity market.
CREF Bond Market Account
The account’s benchmark is the Barclays U.S. Aggregate Bond Index, which measures the performance of the domestic investment-grade, fixed-rate bond market, including government and corporate securities, agency mortgage pass-through securities, asset-backed securities and commercial mortgage-backed securities.
CREF Inflation-Linked Bond Account
The account’s benchmark is the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L), which measures the performance of fixed-income securities with fixed-rate coupon payments that are adjusted for inflation, as measured by the Consumer Price Index for All Urban Consumers (CPI-U).
4 | 2015 Annual Report ■ College Retirement Equities Fund |
About the accounts’ benchmarks
CREF Social Choice Account
The account’s composite benchmark is a weighted average of three indexes: the Russell 3000 Index, which measures the performance of the broad U.S. stock market; the Barclays U.S. Aggregate Bond Index, which measures the performance of the domestic investment-grade, fixed-rate bond market; and the MSCI EAFE+Canada Index, which measures stock performance in 22 developed market nations, excluding the United States.
You cannot invest directly in any index. Index returns do not include a deduction for fees or expenses.
Russell 1000 and Russell 3000 are trademarks and service marks of Russell Investments. TIAA-CREF products are not promoted or sponsored by, or affiliated with, Russell Investments. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. This report is not approved, reviewed or produced by MSCI. EAFE stands for Europe, Australasia, Far East.
College Retirement Equities Fund ■ 2015 Annual Report | 5 |
Important information about expenses
All participants in the CREF accounts incur ongoing costs, including management fees and other account expenses.
The expense examples for each Class that appear on the performance pages are intended to help you understand your ongoing costs (in U.S. dollars) and do not reflect transactional costs incurred by the account for buying and selling securities. The examples are designed to help you compare these ongoing costs with the ongoing costs of investing in other variable annuity accounts and mutual funds. Participants in the CREF accounts do not incur a sales charge for purchases or other distributions.
The examples are based on an investment of $1,000 invested at the beginning of the six-month period and held for the entire period (July 1, 2015–December 31, 2015).
Actual expenses
The first section in each table uses the account’s actual expenses and its actual rate of return. You may use the information in this section, together with the amount you invested, to estimate the expenses that you paid over the six-month period.
Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading “Expenses paid during period” to estimate the expenses you paid during the six-month period.
Hypothetical example for comparison purposes
The second section in the table shows hypothetical account values and expenses based on the account’s actual expense ratio for each Class for the six-month period and an assumed 5% per year rate of return before expenses. This was not the account’s actual return.
This hypothetical example cannot be used to estimate the actual expenses you paid for the period but rather allows you to compare the ongoing costs of investing in the account with the costs of other accounts. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of other variable annuity accounts and mutual funds.
6 | 2015 Annual Report ■ College Retirement Equities Fund |
Performance for the twelve months ended December 31, 2015
The CREF Stock Account returned –1.10% for the year, compared with the –1.02% return of its composite benchmark, a weighted average of the Russell 3000® Index and the MSCI All Country World ex USA Investable Market Index. (All returns for the account are for Class R1.)
U.S. stocks, as measured by the Russell 3000 Index, rose 0.48% in 2015, marking the seventh straight year of positive performance. Foreign equities fell amid concerns about Greece’s debt problems and slowing growth in China. The MSCI All Country World ex USA Investable Market Index, which measures the performance of large- and mid-cap stocks in 45 developed and emerging market countries outside the United States, returned –4.60% in U.S. dollars but rose 2.90% in local currency.
Market performance varied significantly across countries. Canadian stocks fell in both local and U.S. dollar terms as reduced demand for energy exports hurt the region. U.S. dollar strength was a headwind for equity shares in Korea and the eurozone, which declined when converted to U.S. dollar returns. Japan achieved double-digit gains in both local and U.S. currency.
Stock choices trim results
In 2015, the account modestly trailed its benchmark. The largest detractor was an underweight position in Microsoft, which rose on customer demand for new devices, including the popular Surface tablet, and for the company’s cloud computing services. Next in line were underweights in McDonald’s and General Electric, which advanced on strong earnings.
Conversely, an underweight position in poorly performing energy company Kinder Morgan contributed most to relative performance. Overweight positions in wireless communications company T-Mobile and auto parts maker Delphi Automotive were next in line as both stocks produced double-digit returns.
The account’s returns may sometimes diverge from the returns of its benchmark more than would be expected. This divergence may be the result of the account’s fair value pricing adjustments or of the timing of foreign currency valuations. Many foreign exchanges close for trading before the account’s accumulation unit value (AUV) is calculated (generally 4 p.m. ET). In the intervening hours, the values of foreign securities can change, and these changes are not reflected immediately in the returns of the account’s benchmark. These changes are, however, taken into account to value the account’s portfolio holdings at the time the account’s AUV is calculated; these are known as fair value pricing adjustments.
College Retirement Equities Fund ■ 2015 Annual Report | 7 |
CREF Stock Account
Performance as of December 31, 2015
Total | Average annual | |||||||||||||||
return | total return | |||||||||||||||
CREF Stock Account | Inception date | 1 year | 5 years | 10 years | ||||||||||||
Class R1 | 7/31/1952 | –1.10 | % | 8.44 | % | 5.75 | % | |||||||||
Class R2 | 4/24/2015 | –0.90 | * | 8.49 | * | 5.78 | * | |||||||||
Class R3 | 4/24/2015 | –0.84 | * | 8.50 | * | 5.78 | * | |||||||||
CREF Stock Composite Benchmark† | — | –1.02 | 8.88 | 5.96 | ||||||||||||
Broad market index | ||||||||||||||||
Russell 3000® Index | — | 0.48 | 12.18 | 7.35 |
The returns in this report show past performance, which is no guarantee of future results. Returns and the principal value of your investment will fluctuate. Current performance may be higher or lower than that shown, and you may have a gain or a loss when you redeem your accumulation units. For current performance information, including performance to the most recent month-end, please visit tiaa-cref.org.
You cannot invest directly in any index. Index returns do not include a deduction for fees or expenses.
* | The performance shown for Classes R2 and R3 that is prior to their inception date is based on performance of the Account’s Class R1. The performance for these periods has not been restated to reflect the lower expenses of the Classes R2 and R3. If those expenses had been reflected, the performance would have been higher. |
† | On December 31, 2015, the CREF Stock Composite Benchmark consisted of: 70.0% Russell 3000 Index and 30.0% MSCI All Country World ex USA Investable Market Index. The account’s benchmark, the components that make up the composite benchmark and the method of calculating the composite benchmark’s performance may vary over time. |
$10,000 over 10 years (Class R1)
For the purpose of comparison, the graph also shows the change in the value of the account’s composite benchmark and of a broad market index during the same period. The performance of other Classes varies due to differences in expense charges.
8 | 2015 Annual Report ■ College Retirement Equities Fund |
CREF Stock Account
Expense example
Six months ended December 31, 2015
Beginning | Ending | Expenses paid | ||||||||||
account value | account value | during period | ||||||||||
CREF Stock Account | (7/1/15 | ) | (12/31/15 | ) | (7/1/15–12/31/15 | )‡ | ||||||
Actual return | ||||||||||||
Class R1 | $1,000.00 | $ | 956.63 | $3.95 | ||||||||
Class R2 | 1,000.00 | 958.13 | 2.42 | |||||||||
Class R3 | 1,000.00 | 958.64 | 1.88 | |||||||||
5% annual hypothetical return | ||||||||||||
Class R1 | 1,000.00 | 1,021.17 | 4.08 | |||||||||
Class R2 | 1,000.00 | 1,022.74 | 2.50 | |||||||||
Class R3 | 1,000.00 | 1,023.29 | 1.94 |
‡ | “Expenses paid during period” is based on the account’s actual expense ratio for the most recent fiscal half-year, multiplied by the average account value over the six-month period, multiplied by 184/365. There were 184 days in the six months ended December 31, 2015. The account’s annualized six-month expense ratios for that period were 0.80% for Class R1, 0.49% for Class R2 and 0.38% for Class R3. |
For more information about this expense example, please see page 6.
Actual expenses
Net expense ratio for the one-year | |
period ended 12/31/2015 | |
Class R1 | 0.57% |
Class R2§ | 0.48% |
Class R3§ | 0.38% |
§ | Expenses for Classes R2 and R3 are annualized from the Class’ commencement of April 24, 2015. |
Portfolio composition
% of net assets | |
Sector | as of 12/31/2015 |
Financials | 19.5 |
Information technology | 17.0 |
Consumer discretionary | 14.5 |
Health care | 13.0 |
Industrials | 10.9 |
Consumer staples | 8.8 |
Energy | 5.6 |
Materials | 4.3 |
Utilities | 3.0 |
Telecommunication services | 2.8 |
Short-term investments, other assets & liabilities, net | 0.6 |
Total | 100.0 |
Holdings by company size
% of equity investments | |
Market capitalization | as of 12/31/2015 |
More than $50 billion | 41.9 |
More than $15 billion–$50 billion | 24.1 |
More than $2 billion–$15 billion | 26.5 |
$2 billion or less | 7.5 |
Total | 100.0 |
Holdings by country
% of portfolio investments | |
as of 12/31/2015 | |
United States | 65.2 |
Japan | 5.1 |
United Kingdom | 4.3 |
France | 2.1 |
Switzerland | 1.9 |
Germany | 1.8 |
Canada | 1.7 |
China | 1.7 |
60 other nations | 11.9 |
Short-term investments | 4.3 |
Total | 100.0 |
College Retirement Equities Fund ■ 2015 Annual Report | 9 |
Performance for the twelve months ended December 31, 2015
The CREF Global Equities Account returned –0.60% for the year, compared with the –0.87% return of its benchmark, the MSCI World Index. (All returns for the account are for Class R1.)
Global stocks, as measured by the MSCI World Index, fell in 2015 as markets rose late in the period, but couldn’t overcome earlier losses amid concerns about Greece’s debt problems and slowing growth in China. U.S. dollar strength was also a headwind as the World index actually rose 2.08% in local currency terms.
Market performance varied significantly across countries. Canadian stocks fell in both local and U.S. dollar terms as reduced demand for energy exports hurt the Canadian economy. U.S. dollar strength was a headwind for index shares in the eurozone, which declined when converted to U.S. dollar returns. U.S. stocks, which comprised more than half of the benchmark’s total market capitalization at period-end, advanced modestly. Japan achieved nearly double-digit gains in both local and U.S. currencies.
Stock choices lift relative returns
In 2015, the account surpassed its benchmark. The largest contributor was an underweight position in poorly performing Banco Santander. An overweight in Home Depot was next in line as the home improvement retailer benefited from increased sales. An underweight in Glencore also helped as the materials company experienced double-digit losses.
Conversely, the largest detractor to the account’s relative performance was an out-of-benchmark position in Dutch pharmaceutical company Fagron, which suffered losses due to news of protracted takeover discussions. Next in line were underweights in Microsoft and General Electric, which advanced on strong earnings.
The account’s returns may sometimes diverge from the returns of its benchmark more than would be expected. This divergence may be the result of the account’s fair value pricing adjustments or of the timing of foreign currency valuations. Many foreign exchanges close for trading before the account’s accumulation unit value (AUV) is calculated (generally 4 p.m. ET). In the intervening hours, the values of foreign securities can change, and these changes are not reflected immediately in the returns of the account’s benchmark. These changes are, however, taken into account to value the account’s portfolio holdings at the time the account’s AUV is calculated; these are known as fair value pricing adjustments.
10 | 2015 Annual Report ■ College Retirement Equities Fund |
CREF Global Equities Account
Performance as of December 31, 2015
Total | Average annual | |||||||||||||
return | total return | |||||||||||||
CREF Global Equities Account | Inception date | 1 year | 5 years | 10 years | ||||||||||
Class R1 | 5/1/1992 | –0.60 | % | 7.57 | % | 4.98 | % | |||||||
Class R2 | 4/24/2015 | –0.41 | * | 7.61 | * | 5.00 | * | |||||||
Class R3 | 4/24/2015 | –0.34 | * | 7.62 | * | 5.00 | * | |||||||
MSCI World Index | — | –0.87 | 7.59 | 4.98 |
The returns in this report show past performance, which is no guarantee of future results. Returns and the principal value of your investment will fluctuate. Current performance may be higher or lower than that shown, and you may have a gain or a loss when you redeem your accumulation units. For current performance information, including performance to the most recent month-end, please visit tiaa-cref.org.
You cannot invest directly in any index. Index returns do not include a deduction for fees or expenses.
* | The performance shown for Classes R2 and R3 that is prior to their inception date is based on performance of the Account’s Class R1. The performance for these periods has not been restated to reflect the lower expenses of the Classes R2 and R3. If those expenses had been reflected, the performance would have been higher. |
$10,000 over 10 years (Class R1)
For the purpose of comparison, the graph also shows the change in the value of the account’s benchmark during the same period. The performance of other Classes varies due to differences in expense charges.
College Retirement Equities Fund ■ 2015 Annual Report | 11 |
CREF Global Equities Account
Expense example
Six months ended December 31, 2015
Beginning | Ending | Expenses paid | ||||||||||
account value | account value | during period | ||||||||||
CREF Global Equities Account | (7/1/15 | ) | (12/31/15 | ) | (7/1/15–12/31/15 | )‡ | ||||||
Actual return | ||||||||||||
Class R1 | $1,000.00 | $ 956.22 | $3.90 | |||||||||
Class R2 | 1,000.00 | 957.70 | 2.42 | |||||||||
Class R3 | 1,000.00 | 958.21 | 1.88 | |||||||||
5% annual hypothetical return | ||||||||||||
Class R1 | 1,000.00 | 1,021.22 | 4.02 | |||||||||
Class R2 | 1,000.00 | 1,022.74 | 2.50 | |||||||||
Class R3 | 1,000.00 | 1,023.29 | 1.94 |
‡ | “Expenses paid during period” is based on the account’s actual expense ratio for the most recent fiscal half-year, multiplied by the average account value over the six-month period, multiplied by 184/365. There were 184 days in the six months ended December 31, 2015. The account’s annualized six-month expense ratios for that period were 0.79% for Class R1, 0.49% for Class R2 and 0.38% for Class R3. |
For more information about this expense example, please see page 6.
Actual expenses
Net expense ratio for the one-year | |
period ended 12/31/2015 | |
Class R1 | 0.58% |
Class R2§ | 0.48% |
Class R3§ | 0.38% |
§ | Expenses for Classes R2 and R3 are annualized from the Class’ commencement of April 24, 2015. |
Portfolio composition
% of net assets | |
Sector | as of 12/31/2015 |
Financials | 19.6 |
Consumer discretionary | 16.4 |
Information technology | 15.4 |
Health care | 14.0 |
Industrials | 10.7 |
Consumer staples | 8.7 |
Energy | 5.5 |
Materials | 4.1 |
Utilities | 2.3 |
Telecommunication services | 2.0 |
Short-term investments, other assets & liabilities, net | 1.3 |
Total | 100.0 |
Holdings by company size
% of equity investments | |
Market capitalization | as of 12/31/2015 |
More than $50 billion | 44.8 |
More than $15 billion–$50 billion | 28.5 |
More than $2 billion–$15 billion | 25.5 |
$2 billion or less | 1.2 |
Total | 100.0 |
Holdings by country
% of portfolio investments | |
as of 12/31/2015 | |
United States | 56.0 |
Japan | 8.2 |
United Kingdom | 7.1 |
Switzerland | 4.1 |
France | 3.2 |
Canada | 2.8 |
Germany | 2.7 |
Netherlands | 2.0 |
32 other nations | 10.7 |
Short-term investments | 3.2 |
Total | 100.0 |
12 | 2015 Annual Report ■ College Retirement Equities Fund |
Performance for the twelve months ended December 31, 2015
The CREF Growth Account returned 6.19% for the year, compared with the 5.67% return of its benchmark, the Russell 1000® Growth Index. (All returns for the account are for Class R1.)
Following a weak first quarter, gross domestic product (GDP), which measures the value of all goods and services produced in the United States, rose at an annualized rate of 3.9% and 2.0% in the second and third quarters, respectively. Average hourly wages increased, inflation rose slightly and the national unemployment rate dropped to 5.0%. The Federal Reserve raised the federal funds target rate by 0.25%, while central banks overseas eased rates.
Stock prices were volatile, particularly in the third quarter, largely in reaction to slowing growth in China, interest rate uncertainties and plunging oil prices. For the twelve months, the Russell 3000® Index, a broad measure of the U.S. stock market, returned 0.48%. Large-cap stocks topped mid-cap equities, which outperformed small-cap stocks. Growth stocks ended the year up, but their value counterparts ended down. (Returns are based on Russell indexes.)
For the ten years ended December 31, 2015, the Russell 1000 Growth Index produced an average annual gain of 8.53%, beating the 7.35% average return of the Russell 3000 Index over the same period.
Stock choices boost relative performance
Six of the ten industry sectors within the account’s benchmark generated gains for the twelve months. Consumer discretionary rose 11.6%, information technology climbed 9.2% and health care increased 6.8%. These three largest sectors comprised nearly two-thirds of the index’s total market capitalization on December 31, 2015. The energy sector had the most significant decline (down 38.2%).
Stock choices helped the account rise above its benchmark. Overweight positions in Amazon.com and Adobe Systems were the top contributors. Amazon’s stock gained on strong sales growth and the profitability of Amazon Web Services, its fast-growing cloud computing business. Adobe Systems saw strong revenue and net income growth, driven by continued transition to a subscription-based software model.
Slightly offsetting these strong performers were out-of-benchmark holdings in Yahoo! and Valeant Pharmaceuticals, which detracted from relative returns. Naysayers pressured online content provider Yahoo!’s stock, causing it to underperform. Although Valeant had a solid year financially, the stock suffered when a probe was launched questioning the company’s drug pricing practices.
College Retirement Equities Fund ■ 2015 Annual Report | 13 |
CREF Growth Account
Performance as of December 31, 2015
Total | Average annual | |||||||||||||||
return | total return | |||||||||||||||
CREF Growth Account | Inception date | 1 year | 5 years | 10 years | ||||||||||||
Class R1 | 4/29/1994 | 6.19 | % | 13.82 | % | 8.32 | % | |||||||||
Class R2 | 4/24/2015 | 6.40 | * | 13.87 | * | 8.34 | * | |||||||||
Class R3 | 4/24/2015 | 6.47 | * | 13.88 | * | 8.35 | * | |||||||||
Russell 1000® Growth Index | — | 5.67 | 13.53 | 8.53 |
The returns in this report show past performance, which is no guarantee of future results. Returns and the principal value of your investment will fluctuate. Current performance may be higher or lower than that shown, and you may have a gain or a loss when you redeem your accumulation units. For current performance information, including performance to the most recent month-end, please visit tiaa-cref.org.
You cannot invest directly in any index. Index returns do not include a deduction for fees or expenses.
* | The performance shown for Classes R2 and R3 that is prior to their inception date is based on performance of the Account’s Class R1. The performance for these periods has not been restated to reflect the lower expenses of the Classes R2 and R3. If those expenses had been reflected, the performance would have been higher. |
$10,000 over 10 years (Class R1)
For the purpose of comparison, the graph also shows the change in the value of the account’s benchmark during the same period. The performance of other Classes varies due to differences in expense charges.
14 | 2015 Annual Report ■ College Retirement Equities Fund |
CREF Growth Account
Expense example
Six months ended December 31, 2015
Beginning | Ending | Expenses paid | ||||||||||
account value | account value | during period | ||||||||||
CREF Growth Account | (7/1/15 | ) | (12/31/15 | ) | (7/1/15–12/31/15 | )‡ | ||||||
Actual return | ||||||||||||
Class R1 | $1,000.00 | $1,008.97 | $3.65 | |||||||||
Class R2 | 1,000.00 | 1,010.54 | 2.08 | |||||||||
Class R3 | 1,000.00 | 1,011.07 | 1.57 | |||||||||
5% annual hypothetical return | ||||||||||||
Class R1 | 1,000.00 | 1,021.58 | 3.67 | |||||||||
Class R2 | 1,000.00 | 1,023.14 | 2.09 | |||||||||
Class R3 | 1,000.00 | 1,023.64 | 1.58 |
‡ | “Expenses paid during period” is based on the account’s actual expense ratio for the most recent fiscal half-year, multiplied by the average account value over the six-month period, multiplied by 184/365. There were 184 days in the six months ended December 31, 2015. The account’s annualized six-month expense ratios for that period were 0.72% for Class R1, 0.41% for Class R2 and 0.31% for Class R3. |
For more information about this expense example, please see page 6.
Portfolio composition
% of net assets | |
Sector | as of 12/31/2015 |
Information technology | 31.5 |
Consumer discretionary | 23.3 |
Health care | 16.9 |
Industrials | 9.8 |
Consumer staples | 7.3 |
Financials | 5.5 |
Materials | 3.1 |
Telecommunication services | 1.0 |
Energy | 0.7 |
Short-term investments, other assets & liabilities, net | 0.9 |
Total | 100.0 |
Actual expenses
Net expense ratio for the one-year | |
period ended 12/31/2015 | |
Class R1 | 0.51% |
Class R2§ | 0.41% |
Class R3§ | 0.31% |
§ | Expenses for Classes R2 and R3 are annualized from the Class’ commencement of April 24, 2015. |
Holdings by company size
% of equity investments | |
Market capitalization | as of 12/31/2015 |
More than $50 billion | 52.7 |
More than $15 billion–$50 billion | 28.1 |
More than $2 billion–$15 billion | 18.8 |
$2 billion or less | 0.4 |
Total | 100.0 |
College Retirement Equities Fund ■ 2015 Annual Report | 15 |
Performance for the twelve months ended December 31, 2015
The CREF Equity Index Account returned –0.02% for the year, compared with the 0.48% return of its benchmark, the Russell 3000® Index. (All returns for the account are for Class R1.)
For the twelve-month period, the account’s return lagged that of its benchmark index, primarily because of the effect of expenses. The account’s return includes a deduction for expenses, while the benchmark’s does not. The account has a risk profile similar to that of its benchmark. In addition, the account had a small exposure to derivative instruments during the reporting period, which contributed positively to its performance.
Following a weak first quarter, gross domestic product (GDP), which measures the value of all goods and services produced in the United States, rose at an annualized rate of 3.9% and 2.0% in the second and third quarters, respectively. Average hourly wages increased and national unemployment dropped to 5.0%. The Federal Reserve raised the federal funds target rate by 0.25%, while central banks overseas eased rates.
Stocks were volatile, particularly in the third quarter, in reaction to slowing growth in China, interest rate uncertainties and plunging oil prices. For the twelve months, large-cap stocks topped mid-cap equities, which outperformed small-cap stocks. Growth stocks ended the year up, but their value counterparts ended down. (Returns are based on Russell indexes.)
Five of ten sectors post positive returns
For the period, half of the ten industry sectors in the account’s benchmark ended in positive territory. The largest sector, information technology, contributed most with a return of 5.4%. Health care (up 7.2%) and consumer discretionary (up 6.0%) also contributed significantly. Together, these sectors constituted nearly half of the benchmark’s total market capitalization. Energy performed worst (down 23.2%), followed by materials (down 10.2%) and utilities (down 5.2%). Lower oil prices particularly hurt energy stocks.
Seven of the ten largest stocks in the index by market capitalization at year-end beat the benchmark, and three finished lower for the period. Among the ten, Amazon.com performed best—more than doubling in price—fueled by strong earnings growth of its cloud business. The growth of cloud computing also boosted Microsoft shares. Exxon Mobil ended down, and Apple ended lower amid weakening demand for iPhones.
16 | 2015 Annual Report ■ College Retirement Equities Fund |
CREF Equity Index Account
Performance as of December 31, 2015
Total | Average annual | |||||||||||||||
return | total return | |||||||||||||||
CREF Equity Index Account | Inception date | 1 year | 5 years | 10 years | ||||||||||||
Class R1 | 4/29/1994 | –0.02 | % | 11.73 | % | 6.93 | % | |||||||||
Class R2 | 4/24/2015 | 0.18 | * | 11.78 | * | 6.95 | * | |||||||||
Class R3 | 4/24/2015 | 0.25 | * | 11.79 | * | 6.96 | * | |||||||||
Russell 3000® Index | — | 0.48 | 12.18 | 7.35 |
The returns in this report show past performance, which is no guarantee of future results. Returns and the principal value of your investment will fluctuate. Current performance may be higher or lower than that shown, and you may have a gain or a loss when you redeem your accumulation units. For current performance information, including performance to the most recent month-end, please visit tiaa-cref.org.
You cannot invest directly in any index. Index returns do not include a deduction for fees or expenses.
* | The performance shown for Classes R2 and R3 that is prior to their inception date is based on performance of the Account’s Class R1. The performance for these periods has not been restated to reflect the lower expenses of the Classes R2 and R3. If those expenses had been reflected, the performance would have been higher. |
$10,000 over 10 years (Class R1)
For the purpose of comparison, the graph also shows the change in the value of the account’s benchmark during the same period. The performance of other Classes varies due to differences in expense charges.
College Retirement Equities Fund ■ 2015 Annual Report | 17 |
CREF Equity Index Account
Expense example
Six months ended December 31, 2015
Beginning | Ending | Expenses paid | ||||||||||
account value | account value | during period | ||||||||||
CREF Equity Index Account | (7/1/15 | ) | (12/31/15 | ) | (7/1/15–12/31/15 | )‡ | ||||||
Actual return | ||||||||||||
Class R1 | $1,000.00 | $ | 982.64 | $3.40 | ||||||||
Class R2 | 1,000.00 | 984.17 | 1.85 | |||||||||
Class R3 | 1,000.00 | 984.69 | 1.30 | |||||||||
5% annual hypothetical return | ||||||||||||
Class R1 | 1,000.00 | 1,021.78 | 3.47 | |||||||||
Class R2 | 1,000.00 | 1,023.34 | 1.89 | |||||||||
Class R3 | 1,000.00 | 1,023.89 | 1.33 |
‡ | “Expenses paid during period” is based on the account’s actual expense ratio for the most recent fiscal half-year, multiplied by the average account value over the six-month period, multiplied by 184/365. There were 184 days in the six months ended December 31, 2015. The account’s annualized six-month expense ratios for that period were 0.68% for Class R1, 0.37% for Class R2 and 0.26% for Class R3. |
For more information about this expense example, please see page 6.
Portfolio composition
% of net assets | |
Sector | as of 12/31/2015 |
Information technology | 19.6 |
Financials | 18.3 |
Health care | 14.7 |
Consumer discretionary | 13.5 |
Industrials | 10.7 |
Consumer staples | 8.8 |
Energy | 5.9 |
Materials | 3.1 |
Utilities | 3.0 |
Telecommunication services | 2.2 |
Short-term investments, other assets & liabilities, net | 0.2 |
Total | 100.0 |
Actual expenses
Net expense ratio for the one-year | |
period ended 12/31/2015 | |
Class R1 | 0.47% |
Class R2§ | 0.37% |
Class R3§ | 0.27% |
§ | Expenses for Classes R2 and R3 are annualized from the Class’ commencement of April 24, 2015. |
Holdings by company size
% of equity investments | |
Market capitalization | as of 12/31/2015 |
More than $50 billion | 50.4 |
More than $15 billion–$50 billion | 23.2 |
More than $2 billion–$15 billion | 21.5 |
$2 billion or less | 4.9 |
Total | 100.0 |
18 | 2015 Annual Report ■ College Retirement Equities Fund |
Performance for the twelve months ended December 31, 2015
The CREF Bond Market Account returned 0.25% for the year, compared with the 0.55% return of its benchmark, the Barclays U.S. Aggregate Bond Index. (All returns for the account are for Class R1.)
The U.S. economy expanded in 2015. Following a weak first quarter, gross domestic product (GDP), which measures the value of all goods and services produced in the United States, rose at an annualized rate of 3.9% and 2.0% in the second and third quarters, respectively. Average hourly wages increased, inflation rose slightly and the national unemployment rate dropped to 5.0%.
On December 16, 2015, the Federal Reserve approved a quarter-point hike in its federal funds target rate. The new target went from 0.00%–0.25% to 0.25%–0.50% and marks the first increase since June 29, 2006. The yield on the 10-year U.S. Treasury bond rose from 2.12% on January 2, 2015, to 2.27% on December 31, 2015.
The account lags its index during the period
Throughout much of 2015, extreme swings in the financial markets and concerns over the pace of growth overseas kept investors unsettled. Strong investor demand for more stable assets bolstered the performance of U.S. Treasuries and other higher-quality/high-rated sectors. Mortgage-backed securities (MBS), commercial mortgage-backed securities (CMBS) and asset-backed securities (ABS) also benefited from low default rates and relatively attractive returns.
U.S. Treasury securities, the benchmark’s largest sector at more than 36% of total market capitalization, rose nearly 0.9% for the period. MBS, the benchmark’s second-largest weighting at nearly 28%, gained 1.5% for the twelve months. Corporate bonds, which constituted almost 24% of the benchmark’s total capitalization, returned –0.7%.
The account trailed its benchmark primarily due to yield curve positioning in U.S. Treasuries amid a rise in long-term interest rates during the period, as well as being overweight in credit sectors that performed poorly. A small allocation to cash further diminished the account’s relative performance.
In contrast, corporate bonds were the largest contributor, helped by favorable yield curve positioning, beneficial security selection and higher coupons. Strong security selection and a sizable overweight position in CMBS, which topped CMBS holdings in the benchmark by a wide margin, was the next largest contributor.
College Retirement Equities Fund ■ 2015 Annual Report | 19 |
CREF Bond Market Account
Performance as of December 31, 2015
Total return | Average annual total return | |||||||||||||
CREF Bond Market Account | Inception date | 1 year | 5 years | 10 years | ||||||||||
Class R1 | 3/1/1990 | 0.25 | % | 3.14 | % | 4.06 | % | |||||||
Class R2 | 4/24/2015 | 0.44 | * | 3.18 | * | 4.08 | * | |||||||
Class R3 | 4/24/2015 | 0.51 | * | 3.20 | * | 4.09 | * | |||||||
Barclays U.S. Aggregate Bond Index | — | 0.55 | 3.25 | 4.51 |
The returns in this report show past performance, which is no guarantee of future results. Returns and the principal value of your investment will fluctuate. Current performance may be higher or lower than that shown, and you may have a gain or a loss when you redeem your accumulation units. For current performance information, including performance to the most recent month-end, please visit tiaa-cref.org.
You cannot invest directly in any index. Index returns do not include a deduction for fees or expenses.
* | The performance shown for Classes R2 and R3 that is prior to their inception date is based on performance of the Account’s Class R1. The performance for these periods has not been restated to reflect the lower expenses of the Classes R2 and R3. If those expenses had been reflected, the performance would have been higher. |
$10,000 over 10 years (Class R1)
For the purpose of comparison, the graph also shows the change in the value of the account’s benchmark during the same period. The performance of other Classes varies due to differences in expense charges.
20 | 2015 Annual Report ■ College Retirement Equities Fund |
CREF Bond Market Account
Expense example
Six months ended December 31, 2015
CREF Bond Market Account | Beginning account value (7/1/15 | ) | Ending account value (12/31/15 | ) | Expenses paid during period (7/1/15–12/31/15 | )‡ | ||||||
Actual return | ||||||||||||
Class R1 | $1,000.00 | $1,003.36 | $3.94 | |||||||||
Class R2 | 1,000.00 | 1,004.91 | 2.43 | |||||||||
Class R3 | 1,000.00 | 1,005.44 | 1.87 | |||||||||
5% annual hypothetical return | ||||||||||||
Class R1 | 1,000.00 | 1,021.27 | 3.97 | |||||||||
Class R2 | 1,000.00 | 1,022.79 | 2.45 | |||||||||
Class R3 | 1,000.00 | 1,023.34 | 1.89 |
‡ | “Expenses paid during period” is based on the account’s actual expense ratio for the most recent fiscal half-year, multiplied by the average account value over the six-month period, multiplied by 184/365. There were 184 days in the six months ended December 31, 2015. The account’s annualized six-month expense ratios for that period were 0.78% for Class R1, 0.48% for Class R2 and 0.37% for Class R3. |
For more information about this expense example, please see page 6.
Actual expenses | ||||
Net expense ratio for the one-year | ||||
period ended 12/31/2015 | ||||
Class R1 | 0.56 | % | ||
Class R2§ | 0.47 | % | ||
Class R3§ | 0.37 | % |
§ | Expenses for Classes R2 and R3 are annualized from the Class’ commencement of April 24, 2015. |
Portfolio composition | ||||
% of net assets as of 12/31/2015 | ||||
Corporate bonds | 25.6 | |||
Mortgage-backed securities* | 21.9 | |||
U.S. Treasury securities | 16.6 | |||
Foreign government & corporate bonds denominated in U.S. dollars | 14.4 | |||
Commercial mortgage-backed securities | 7.5 | |||
Asset-backed securities | 6.0 | |||
Municipal bonds | 2.7 | |||
U.S. agency securities | 1.9 | |||
Bank loan obligations | 0.8 | |||
Preferred stock | 0.1 | |||
Short-term investments, other assets & liabilities, net | 2.5 | |||
Total | 100.0 |
* | Includes mortgage pass-through securities and collateralized mortgage obligations |
Holdings by maturity | ||||
% of fixed-income investments (excluding | ||||
short-term investments) as of 12/31/2015 | ||||
Less than 1 year | 5.8 | |||
1–3 years | 17.6 | |||
3–5 years | 18.4 | |||
5–10 years | 42.6 | |||
Over 10 years | 15.6 | |||
Total | 100.0 |
Holdings by credit quality† | ||||
% of fixed-income investments (excluding | ||||
short-term investments) as of 12/31/2015 | ||||
Aaa/AAA | 45.3 | |||
Aa/AA | 8.5 | |||
A/A | 12.4 | |||
Baa/BBB | 23.2 | |||
Ba/BB | 4.7 | |||
B/B | 2.5 | |||
Below B/B | 1.6 | |||
Non-rated | 1.8 | |||
Total | 100.0 |
† | Credit quality ratings are based on the Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice. |
College Retirement Equities Fund ■ 2015 Annual Report | 21 |
CREF Inflation-Linked Bond Account
Performance for the twelve months ended December 31, 2015
The CREF Inflation-Linked Bond Account returned –1.94% for the year, compared with the –1.44% return of its benchmark, the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L). (All returns for the account are for Class R1.)
As December 2015 commenced, year-over-year core inflation, as measured by the Consumer Price Index (CPI-U)—all items less food and energy—was 2.0%, versus 1.6% one year earlier. However, crude oil prices, a commonly used indicator of current inflationary pressures, fell 30% from $53 a barrel at year-end 2014 to $37 one year later.
Despite continued pressure on economic sectors such as energy, the rise in inflation reflected strength in the U.S. economy. Following a weak first quarter, gross domestic product (GDP), which measures the value of all goods and services produced in the United States, rose at an annualized rate of 3.9% and 2.0% in the second and third quarters, respectively. Furthermore, average hourly wages increased, and the national unemployment rate dropped to 5.0%.
TIPS trail the broad bond market, as core inflation and interest rates rise
In 2015, the return of TIPS, as measured by the account’s benchmark, trailed the 0.55% return of the broad investment-grade fixed-rate bond market, as measured by the Barclays U.S. Aggregate Bond Index. Inflation rose modestly during the period and on December 16, 2015, the Federal Reserve approved a quarter-point hike in its federal funds target rate, signaling the Fed’s belief that the U.S. economy had healed considerably since the 2008 recession and could withstand a rate increase.
For the ten years ended December 31, 2015, the average annual return of TIPS was 3.93%, versus 4.51% for the broad U.S. bond market.
The account underperformed its benchmark because of its expense charge. The account’s return includes a deduction for expenses, while the benchmark’s does not. Since the account’s portfolio resembled the composition of its benchmark, the above discussion of the benchmark’s performance also applies to the account’s performance.
During the period, the account’s portfolio managers kept the account’s duration—a measure of its sensitivity to interest rate changes—close to the TIPS index. This strategy helped the account’s risk and reward characteristics remain in line with those of its benchmark.
22 | 2015 Annual Report ■ College Retirement Equities Fund |
CREF Inflation-Linked Bond Account
Performance as of December 31, 2015
Total return | Average annual total return | |||||||||||||
CREF Inflation-Linked Bond Account | Inception date | 1 year | 5 years | 10 years | ||||||||||
Class R1 | 5/1/1997 | –1.94 | % | 2.11 | % | 3.46 | % | |||||||
Class R2 | 4/24/2015 | –1.74 | * | 2.15 | * | 3.48 | * | |||||||
Class R3 | 4/24/2015 | –1.68 | * | 2.16 | * | 3.48 | * | |||||||
Barclays U.S. Treasury Inflation Protected Securities Index (Series-L) | — | –1.44 | 2.55 | 3.93 |
The returns in this report show past performance, which is no guarantee of future results. Returns and the principal value of your investment will fluctuate. Current performance may be higher or lower than that shown, and you may have a gain or a loss when you redeem your accumulation units. For current performance information, including performance to the most recent month-end, please visit tiaa-cref.org.
You cannot invest directly in any index. Index returns do not include a deduction for fees or expenses.
* | The performance shown for Classes R2 and R3 that is prior to their inception date is based on performance of the Account’s Class R1. The performance for these periods has not been restated to reflect the lower expenses of the Classes R2 and R3. If those expenses had been reflected, the performance would have been higher. |
$10,000 over 10 years (Class R1)
For the purpose of comparison, the graph also shows the change in the value of the account’s benchmark during the same period. The performance of other Classes varies due to differences in expense charges.
College Retirement Equities Fund ■ 2015 Annual Report | 23 |
CREF Inflation-Linked Bond Account
Expense example
Six months ended December 31, 2015
CREF Inflation-Linked Bond Account | Beginning account value (7/1/15 | ) | Ending account value (12/31/15 | ) | Expenses paid during period (7/1/15–12/31/15 | )‡ | ||||||
Actual return | ||||||||||||
Class R1 | $1,000.00 | $ 980.34 | $3.54 | |||||||||
Class R2 | 1,000.00 | 981.85 | 2.05 | |||||||||
Class R3 | 1,000.00 | 982.37 | 1.55 | |||||||||
5% annual hypothetical return | ||||||||||||
Class R1 | 1,000.00 | 1,021.63 | 3.62 | |||||||||
Class R2 | 1,000.00 | 1,023.14 | 2.09 | |||||||||
Class R3 | 1,000.00 | 1,023.64 | 1.58 |
‡ | “Expenses paid during period” is based on the account’s actual expense ratio for the most recent fiscal half-year, multiplied by the average account value over the six-month period, multiplied by 184/365. There were 184 days in the six months ended December 31, 2015. The account’s annualized six-month expense ratios for that period were 0.71% for Class R1, 0.41% for Class R2 and 0.31% for Class R3. |
For more information about this expense example, please see page 6.
Actual expenses | ||||
Net expense ratio for the one-year | ||||
period ended 12/31/2015 | ||||
Class R1 | 0.48 | % | ||
Class R2§ | 0.41 | % | ||
Class R3§ | 0.31 | % |
§ | Expenses for Classes R2 and R3 are annualized from the Class’ commencement of April 24, 2015. |
Portfolio composition | |||
% of net assets | |||
as of 12/31/2015 | |||
U.S. Treasury securities | 98.7 | ||
Mortgage-backed securities* | 0.2 | ||
U.S. agency securities | 0.2 | ||
Short-term investments, other assets & liabilities, net | 0.9 | ||
Total | 100.0 |
* | Includes mortgage pass-through securities and collateralized mortgage obligations |
Holdings by maturity | |||
% of fixed-income investments | |||
(excluding short-term investments) | |||
as of 12/31/2015 | |||
1–3 years | 19.4 | ||
3–5 years | 17.9 | ||
5–10 years | 33.9 | ||
Over 10 years | 28.8 | ||
Total | 100.0 |
24 | 2015 Annual Report ■ College Retirement Equities Fund |
Performance for the twelve months ended December 31, 2015
The CREF Social Choice Account returned –1.13% for the year, compared with the 0.00% return of its composite benchmark, a weighted average of the Russell 3000® Index, the MSCI EAFE+ Canada Index and the Barclays U.S. Aggregate Bond Index. The account screens for investments by using certain environmental, social and governance (ESG) criteria, while the benchmark does not. (All returns for the account are for Class R1.)
Because of its ESG criteria, the account did not invest in a number of stocks and bonds that were included in the indexes that comprise its composite benchmark. Avoiding these companies produced mixed results, but the net effect decreased the account’s return relative to its benchmark.
The largest detractors relative to the Russell index were the exclusions of Amazon.com, Microsoft, General Electric and Facebook. The omissions of Nestlé and Anheuser-Busch detracted versus the EAFE index. These negative effects were partly offset by positive contributions resulting from the exclusions of Russell index stocks Exxon Mobil, Wal-Mart Stores and Chevron, as well as the account’s omission of EAFE index stocks Royal Dutch and Banco Santander.
Stock positions hamper account’s performance
To compensate for the account’s exclusion of some stocks, its managers use quantitative (mathematical) modeling and other techniques in an attempt to match the overall investment characteristics of the portfolio with those of its composite benchmark. The account also underperformed due in part to overweights in Russell index stocks Yahoo! and Devon Energy and an overweight in EAFE index stock Repsol. The losses were partly offset by overweights in Russell index stocks Alphabet (Google’s parent company), Starbucks and Netflix, as well as EAFE index stock Valeant Pharmaceuticals.
Account benefits from fixed-income holdings
For the period, the account’s fixed-income component outperformed the Barclays U.S. Aggregate Bond Index, a measure of the broad, domestic investment-grade fixed-rate bond market, which returned 0.55%. Security selection in the account’s overweight corporate bond position and an overweight in government-related agencies were the biggest contributors to fixed-income performance versus the aggregate index. An underweight in U.S. Treasuries and a small allocation to cash were the largest detractors.
College Retirement Equities Fund ■ 2015 Annual Report | 25 |
CREF Social Choice Account
Performance as of December 31, 2015
Total return | Average annual total return | |||||||||||||
CREF Social Choice Account | Inception date | 1 year | 5 years | 10 years | ||||||||||
Class R1 | 3/1/1990 | –1.13 | % | 6.85 | % | 5.37 | % | |||||||
Class R2 | 4/24/2015 | –0.93 | * | 6.89 | * | 5.39 | * | |||||||
Class R3 | 4/24/2015 | –0.86 | * | 6.90 | * | 5.39 | * | |||||||
CREF Social Choice | ||||||||||||||
Composite Benchmark† | — | 0.00 | 7.48 | 5.74 | ||||||||||
Broad market index | ||||||||||||||
Russell 3000® Index | — | 0.48 | 12.18 | 7.35 |
The returns in this report show past performance, which is no guarantee of future results. Returns and the principal value of your investment will fluctuate. Current performance may be higher or lower than that shown, and you may have a gain or a loss when you redeem your accumulation units. For current performance information, including performance to the most recent month-end, please visit tiaa-cref.org.
You cannot invest directly in any index. Index returns do not include a deduction for fees or expenses.
* | The performance shown for Classes R2 and R3 that is prior to their inception date is based on performance of the Account’s Class R1. The performance for these periods has not been restated to reflect the lower expenses of the Classes R2 and R3. If those expenses had been reflected, the performance would have been higher. |
† | On December 31, 2015, the CREF Social Choice Composite Benchmark consisted of: 42.0% Russell 3000 Index; 40.0% Barclays U.S. Aggregate Bond Index; and 18.0% MSCI EAFE+Canada Index. The account’s benchmark, the components that make up the composite benchmark and the method of calculating the composite benchmark’s performance may vary over time. |
$10,000 over 10 years (Class R1)
For the purpose of comparison, the graph also shows the change in the value of the account’s composite benchmark and of a broad market index during the same period. The performance of other Classes varies due to differences in expense charges.
26 | 2015 Annual Report ■ College Retirement Equities Fund |
CREF Social Choice Account
Expense example
Six months ended December 31, 2015
CREF Social Choice Account | Beginning account value (7/1/15 | ) | Ending account value (12/31/15 | ) | Expenses paid during period (7/1/15–12/31/15 | )‡ | ||||||
Actual return | ||||||||||||
Class R1 | $1,000.00 | $ 982.28 | $3.65 | |||||||||
Class R2 | 1,000.00 | 983.80 | 2.10 | |||||||||
Class R3 | 1,000.00 | 984.33 | 1.60 | |||||||||
5% annual hypothetical return | ||||||||||||
Class R1 | 1,000.00 | 1,021.53 | 3.72 | |||||||||
Class R2 | 1,000.00 | 1,023.09 | 2.14 | |||||||||
Class R3 | 1,000.00 | 1,023.59 | 1.63 |
‡ | “Expenses paid during period” is based on the account’s actual expense ratio for the most recent fiscal half-year, multiplied by the average account value over the six-month period, multiplied by 184/365. There were 184 days in the six months ended December 31, 2015. The account’s annualized six-month expense ratios for that period were 0.73% for Class R1, 0.42% for Class R2 and 0.32% for Class R3. |
For more information about this expense example, please see page 6.
Actual expenses | ||||
Net expense ratio for the one-year | ||||
period ended 12/31/2015 | ||||
Class R1 | 0.52 | % | ||
Class R2§ | 0.42 | % | ||
Class R3§ | 0.32 | % |
§ | Expenses for Classes R2 and R3 are annualized from the Class’ commencement of April 24, 2015. |
Portfolio composition | ||||
% of net assets | ||||
as of 12/31/2015 | ||||
Equities | 60.1 | |||
Long-term bonds | 39.0 | |||
Short-term investments, other assets & liabilities, net | 0.9 | |||
Total | 100.0 |
Holdings by company size | ||||
% of equity investments | ||||
Market capitalization | as of 12/31/2015 | |||
More than $50 billion | 37.4 | |||
More than $15 billion–$50 billion | 41.2 | |||
More than $2 billion–$15 billion | 19.4 | |||
$2 billion or less | 2.0 | |||
Total | 100.0 |
Holdings by maturity | ||||
% of fixed-income investments | ||||
(excluding short-term investments) | ||||
as of 12/31/2015 | ||||
Less than 1 year | 3.5 | |||
1–3 years | 17.7 | |||
3–5 years | 18.0 | |||
5–10 years | 40.4 | |||
Over 10 years | 20.4 | |||
Total | 100.0 |
College Retirement Equities Fund ■ 2015 Annual Report | 27 |
Performance for the twelve months ended December 31, 2015
The CREF Money Market Account returned 0.00% for the year, compared with the 0.02% return of the iMoneyNet Money Fund Averages™—All Taxable, a simple average of over 1,000 taxable money market funds. The iMoneyNet average is not an index, and its return reflects the deduction of expenses charged by the funds included in the average. (The return for the account is for Class R1.)
The Federal Reserve’s target for short-term interest rates went from 0.00%–0.25% to 0.25%–0.50% on December 16, 2015, fulfilling speculation of a rate hike that permeated financial markets for much of 2015. The increase in the federal funds target rate was the first to occur in nine years and represents a process of “rate normalization” by the Fed.
CREF Money Market Account restructuring to comply with new SEC regulations
On August 11, 2015, the CREF board approved a restructuring of CREF Money Market Account as a “Government” money market instrument, in compliance with new SEC regulations requiring all money market funds to restructure as retail, institutional or government. As a government fund, CREF Money Market Account will invest 99.5% or more of its total assets in cash, U.S. government securities and/or repurchase agreements (“repos”) collateralized full in cash or U.S. government securities. The restructuring will be effective by October 2016.
Many other U.S. money market funds are also expected to restructure as government funds. As a result, the supply of commercial paper declined in 2015, while the supply of short-term Treasuries increased by year-end. LIBOR yields also rose at the end of 2015, as a result of the Fed rate hike in December. Three-month LIBOR increased from 0.26% in January 2015 to 0.61% by year-end.
In pursuit of additional yield, the account held longer-dated, floating-rate government agency paper in order to capture slightly higher yields. In 2015, our commercial paper exposure was diversified across industries and issuers, nearly all of which are U.S.-domiciled. The account had limited exposure in Europe and made select investments in top-tier Pacific Rim banks. As of December 29, 2015, the account’s weighted average maturity was 47 days, versus 35 days for the average iMoneyNet fund.
In response to the historically low interest rates, part or all of the Money Market Account’s 12b-1 distribution fees and/or administrative fees were voluntarily withheld (waived) by TIAA to prevent the account’s yield from turning negative. This waiver will be eliminated by no later than April 2017.
28 | 2015 Annual Report ■ College Retirement Equities Fund |
CREF Money Market Account
Net annualized yield for the 7 days ended December 29, 2015*
Current yield | Effective yield | |||||||
CREF Money Market Account† | ||||||||
Class R1 | 0.00 | % | 0.00 | % | ||||
Class R2 | 0.00 | 0.00 | ||||||
Class R3 | 0.00 | 0.00 | ||||||
iMoneyNet Money Fund Averages™—All Taxable‡ | 0.06 | 0.06 |
The current yield more closely reflects current earnings than does the total return.
* | Typically, iMoneyNet reports its 7-day yields as of Tuesday of each week. |
Performance as of December 31, 2015
CREF Money Market Account† | Total return | Average annual total return | ||||||||||||
Inception date | 1 year | 5 years | 10 years | |||||||||||
Class R1 | 4/1/1988 | 0.00 | % | 0.00 | % | 1.20 | % | |||||||
Class R2 | 4/24/2015 | 0.00 | * | 0.00 | * | 1.20 | * | |||||||
Class R3 | 4/24/2015 | 0.00 | * | 0.00 | * | 1.20 | * | |||||||
iMoneyNet Money Fund Averages—All Taxable‡ | — | 0.02 | 0.02 | 1.14 |
The returns in this report show past performance, which is no guarantee of future results. Returns and the principal value of your investment will fluctuate. Current performance may be higher or lower than that shown, and you may have a gain or a loss when you redeem your accumulation units. For current performance information, including performance to the most recent month-end, please visit tiaa-cref.org.
An investment in the CREF Money Market Account is neither insured nor guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. As with any investment, you can lose money by investing in this account.
Note: Unlike most money market funds, the CREF Money Market Account does not distribute income on a daily basis. Therefore, the account does not maintain a constant value of $1.00 per accumulation unit.
* | The performance shown for Classes R2 and R3 that is prior to their inception date is based on performance of the Account’s Class R1. The performance for these periods has not been restated to reflect the lower expenses of the Classes R2 and R3. If those expenses had been reflected, the performance would have been higher. |
† | Beginning July 16, 2009, TIAA has voluntarily withheld (“waived”) a portion of the 12b-1 distribution and/or administrative expenses for each Class of the CREF Money Market Account when a Class’s yield was less than zero. Without this waiver, the 7-day current and effective annualized yields and total returns would have been lower. This 12b-1 and administrative fee waiver may be discontinued at any time without notice, and TIAA will terminate the waiver by April 14, 2017. Amounts waived on or after October 1, 2010, are subject to possible recovery by TIAA under certain conditions. As a result of the share class conversion on April 24, 2015, previously recoverable amounts have been allocated to the various Classes. |
‡ | The iMoneyNet Money Fund Averages—All Taxable category is a simple average of over 1,000 taxable money market funds. You cannot invest in it directly. |
College Retirement Equities Fund ■ 2015 Annual Report | 29 |
CREF Money Market Account
Expense example
Six months ended December 31, 2015
CREF Money Market Account | Beginning account value (7/1/15 | ) | Ending account value (12/31/15 | ) | Expenses paid during period (7/1/15–12/31/15 | )‡ | ||||||
Actual return | ||||||||||||
Class R1 | $1,000.00 | $1,000.00 | $0.91 | |||||||||
Class R2 | 1,000.00 | 1,000.00 | 0.91 | |||||||||
Class R3 | 1,000.00 | 1,000.00 | 0.91 | |||||||||
5% annual hypothetical return | ||||||||||||
Class R1 | 1,000.00 | 1,024.30 | 0.92 | |||||||||
Class R2 | 1,000.00 | 1,024.30 | 0.92 | |||||||||
Class R3 | 1,000.00 | 1,024.30 | 0.92 |
‡ | “Expenses paid during period” is based on the account’s actual expense ratio for the most recent fiscal half-year, multiplied by the average account value over the six-month period, multiplied by 184/365. There were 184 days in the six months ended December 31, 2015. The account’s annualized six-month expense ratios for that period were 0.18% for Class R1, 0.18% for Class R2 and 0.18% for Class R3. The expense charges of the account reflect a voluntary waiver. Without this waiver, the expenses of the account would have been higher and its performance lower. This waiver will expire in April 2017. |
For more information about this expense example, please see page 6.
Actual expenses | ||||
Net expense ratio for the one-year | ||||
period ended 12/31/2015 | ||||
Class R1 | 0.14 | % | ||
Class R2§ | 0.17 | % | ||
Class R3§ | 0.17 | % |
§ | Expenses for Classes R2 and R3 are annualized from the Class’ commencement of April 24, 2015. |
Portfolio composition | ||||
% of net assets | ||||
as of 12/31/2015 | ||||
U.S. government agency securities | 33.1 | |||
Commercial paper | 30.9 | |||
U.S. Treasury securities | 17.9 | |||
Floating-rate securities, government | 15.4 | |||
Certificates of deposit | 2.7 | |||
Total | 100.0 |
30 | 2015 Annual Report ■ College Retirement Equities Fund |
Summary portfolio of investments
CREF Stock Account ■ December 31, 2015
Principal | Issuer | Value (000) | % of net assets | |||||||||||||
BONDS | ||||||||||||||||
CORPORATE BONDS | ||||||||||||||||
CAPITAL GOODS | $ | 0 | ^ | 0.0 | % | |||||||||||
DIVERSIFIED FINANCIALS | 440 | 0.0 | ||||||||||||||
FOOD, BEVERAGE & TOBACCO | 20 | 0.0 | ||||||||||||||
TOTAL CORPORATE BONDS | (Cost $520) | 460 | 0.0 | |||||||||||||
GOVERNMENT BONDS | ||||||||||||||||
U.S. TREASURY SECURITIES | 295 | 0.0 | ||||||||||||||
TOTAL GOVERNMENT BONDS | (Cost $302) | 295 | 0.0 | |||||||||||||
TOTAL BONDS | (Cost $822) | 755 | 0.0 | |||||||||||||
Shares | Company | |||||||||||||||
COMMON STOCKS | ||||||||||||||||
AUTOMOBILES & COMPONENTS | 2,722,250 | 2.4 | ||||||||||||||
BANKS | ||||||||||||||||
41,542,993 | Bank of America Corp | 699,169 | 0.6 | |||||||||||||
9,393,824 | Citigroup, Inc | 486,130 | 0.4 | |||||||||||||
13,655,373 | JPMorgan Chase & Co | 901,664 | 0.8 | |||||||||||||
21,607,989 | Wells Fargo & Co | 1,174,610 | 1.1 | |||||||||||||
Other | 5,454,449 | 4.8 | ||||||||||||||
8,716,022 | 7.7 | |||||||||||||||
CAPITAL GOODS | ||||||||||||||||
2,924,733 | 3M Co | 440,582 | 0.4 | |||||||||||||
26,987,947 | General Electric Co | 840,675 | 0.7 | |||||||||||||
5,182,140 | Honeywell International, Inc | 536,714 | 0.5 | |||||||||||||
Other | 6,442,805 | 5.7 | ||||||||||||||
8,260,776 | 7.3 | |||||||||||||||
COMMERCIAL & PROFESSIONAL SERVICES | 1,268,906 | 1.1 | ||||||||||||||
CONSUMER DURABLES & APPAREL | 2,831,820 | 2.5 | ||||||||||||||
CONSUMER SERVICES | ||||||||||||||||
6,213,560 | Starbucks Corp | 373,000 | 0.3 | |||||||||||||
Other | 2,022,158 | 1.8 | ||||||||||||||
2,395,158 | 2.1 | |||||||||||||||
DIVERSIFIED FINANCIALS | ||||||||||||||||
14,658,895 | * | Synchrony Financial | 445,777 | 0.4 | ||||||||||||
Other | 3,645,596 | 3.2 | ||||||||||||||
4,091,373 | 3.6 | |||||||||||||||
ENERGY | ||||||||||||||||
5,320,136 | Chevron Corp | 478,600 | 0.4 | |||||||||||||
11,423,461 | d | Exxon Mobil Corp | 890,459 | 0.8 | ||||||||||||
Other | 4,959,039 | 4.4 | ||||||||||||||
6,328,098 | 5.6 |
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 31 |
Summary portfolio of investments | continued |
CREF Stock Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||
FOOD & STAPLES RETAILING | ||||||||||||
4,026,885 | CVS Health Corp | $ | 393,709 | 0.3 | % | |||||||
Other | 1,771,453 | 1.6 | ||||||||||
2,165,162 | 1.9 | |||||||||||
FOOD, BEVERAGE & TOBACCO | ||||||||||||
6,469,486 | Altria Group, Inc | 376,589 | 0.3 | |||||||||
13,102,744 | Coca-Cola Co | 562,894 | 0.5 | |||||||||
5,042,837 | PepsiCo, Inc | 503,880 | 0.4 | |||||||||
4,655,976 | Philip Morris International, Inc | 409,307 | 0.4 | |||||||||
Other | 4,137,641 | 3.7 | ||||||||||
5,990,311 | 5.3 | |||||||||||
HEALTH CARE EQUIPMENT & SERVICES | ||||||||||||
4,977,809 | Medtronic plc | 382,893 | 0.3 | |||||||||
3,372,059 | UnitedHealth Group, Inc | 396,689 | 0.4 | |||||||||
Other | 3,709,355 | 3.3 | ||||||||||
4,488,937 | 4.0 | |||||||||||
HOUSEHOLD & PERSONAL PRODUCTS | ||||||||||||
7,897,785 | Procter & Gamble Co | 627,163 | 0.5 | |||||||||
Other | 1,200,230 | 1.1 | ||||||||||
1,827,393 | 1.6 | |||||||||||
INSURANCE | ||||||||||||
4,756,872 | * | Berkshire Hathaway, Inc (Class B) | 628,097 | 0.6 | ||||||||
7,441,624 | Metlife, Inc | 358,761 | 0.3 | |||||||||
Other | 3,820,825 | 3.4 | ||||||||||
4,807,683 | 4.3 | |||||||||||
MATERIALS | ||||||||||||
9,585,042 | a | Olin Corp | 165,438 | 0.1 | ||||||||
Other | 4,688,301 | 4.2 | ||||||||||
4,853,739 | 4.3 | |||||||||||
MEDIA | ||||||||||||
10,881,148 | Comcast Corp (Class A) | 614,023 | 0.5 | |||||||||
5,377,753 | Walt Disney Co | 565,094 | 0.5 | |||||||||
Other | 2,322,076 | 2.1 | ||||||||||
3,501,193 | 3.1 | |||||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | ||||||||||||
1,986,320 | * | Allergan plc | 620,725 | 0.5 | ||||||||
2,289,164 | Amgen, Inc | 371,600 | 0.3 | |||||||||
3,652,764 | * | Celgene Corp | 437,455 | 0.4 | ||||||||
4,448,914 | Eli Lilly & Co | 374,865 | 0.3 | |||||||||
5,432,365 | Gilead Sciences, Inc | 549,701 | 0.5 | |||||||||
8,281,352 | Johnson & Johnson | 850,660 | 0.7 | |||||||||
8,022,320 | Merck & Co, Inc | 423,739 | 0.4 | |||||||||
4,762,452 | Novartis AG. | 409,663 | 0.4 | |||||||||
24,137,935 | Pfizer, Inc | 779,173 | 0.7 | |||||||||
Other | 5,412,291 | 4.8 | ||||||||||
10,229,872 | 9.0 |
32 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments | continued |
CREF Stock Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||||||
REAL ESTATE | $ | 4,510,889 | 4.0 | % | ||||||||||||
RETAILING | ||||||||||||||||
1,462,788 | * | Amazon.com, Inc | 988,684 | 0.9 | ||||||||||||
5,443,040 | Home Depot, Inc | 719,842 | 0.6 | |||||||||||||
Other | 3,262,559 | 2.9 | ||||||||||||||
4,971,085 | 4.4 | |||||||||||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | ||||||||||||||||
16,869,161 | e | Intel Corp | 581,142 | 0.5 | ||||||||||||
Other | 2,325,919 | 2.1 | ||||||||||||||
2,907,061 | 2.6 | |||||||||||||||
SOFTWARE & SERVICES | ||||||||||||||||
940,947 | * | Alphabet, Inc (Class A) | 732,066 | 0.7 | ||||||||||||
1,158,578 | * | Alphabet, Inc (Class C) | 879,222 | 0.8 | ||||||||||||
8,042,265 | * | Facebook, Inc | 841,703 | 0.7 | ||||||||||||
3,825,694 | Mastercard, Inc (Class A) | 372,470 | 0.3 | |||||||||||||
27,171,954 | Microsoft Corp | 1,507,500 | 1.3 | |||||||||||||
12,141,921 | Oracle Corp | 443,544 | 0.4 | |||||||||||||
7,986,459 | Visa, Inc (Class A) | 619,350 | 0.6 | |||||||||||||
Other | 5,558,226 | 4.9 | ||||||||||||||
10,954,081 | 9.7 | |||||||||||||||
TECHNOLOGY HARDWARE & EQUIPMENT | ||||||||||||||||
19,142,273 | Apple, Inc | 2,014,916 | 1.8 | |||||||||||||
20,899,411 | Cisco Systems, Inc | 567,523 | 0.5 | |||||||||||||
Other | 2,717,299 | 2.4 | ||||||||||||||
5,299,738 | 4.7 | |||||||||||||||
TELECOMMUNICATION SERVICES | ||||||||||||||||
15,267,277 | AT&T, Inc | 525,347 | 0.5 | |||||||||||||
13,274,973 | Verizon Communications, Inc | 613,569 | 0.6 | |||||||||||||
Other | 1,970,038 | 1.7 | ||||||||||||||
3,108,954 | 2.8 | |||||||||||||||
TRANSPORTATION | 2,833,317 | 2.4 | ||||||||||||||
UTILITIES | 3,331,311 | 3.0 | ||||||||||||||
TOTAL COMMON STOCKS | (Cost $108,846,892) | 112,395,129 | 99.4 | |||||||||||||
PREFERRED STOCKS | ||||||||||||||||
BANKS | 12,388 | 0.0 | ||||||||||||||
CAPITAL GOODS | 358 | 0.0 | ||||||||||||||
DIVERSIFIED FINANCIALS | 1,751 | 0.0 | ||||||||||||||
REAL ESTATE | 18 | 0.0 | ||||||||||||||
TOTAL PREFERRED STOCKS | (Cost $29,263) | 14,515 | 0.0 |
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 33 |
Summary portfolio of investments | continued |
CREF Stock Account ■ December 31, 2015
Value | % of net | |||||||||||||||
Shares | Company | (000) | assets | |||||||||||||
RIGHTS / WARRANTS | ||||||||||||||||
BANKS | $ | 88 | 0.0 | % | ||||||||||||
CAPITAL GOODS | 28 | 0.0 | ||||||||||||||
COMMERCIAL & PROFESSIONAL SERVICES | 527 | 0.0 | ||||||||||||||
CONSUMER SERVICES | 25 | 0.0 | ||||||||||||||
DIVERSIFIED FINANCIALS | 69 | 0.0 | ||||||||||||||
ENERGY | 340 | 0.0 | ||||||||||||||
FOOD & STAPLES RETAILING | 24 | 0.0 | ||||||||||||||
HEALTH CARE EQUIPMENT & SERVICES | 2 | 0.0 | ||||||||||||||
MATERIALS | 0 | ^ | 0.0 | |||||||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 142 | 0.0 | ||||||||||||||
REAL ESTATE | 1 | 0.0 | ||||||||||||||
TECHNOLOGY HARDWARE & EQUIPMENT | 1 | 0.0 | ||||||||||||||
TELECOMMUNICATION SERVICES | 494 | 0.0 | ||||||||||||||
TRANSPORTATION | 0 | ^ | 0.0 | |||||||||||||
UTILITIES | 12 | 0.0 | ||||||||||||||
TOTAL RIGHTS / WARRANTS | (Cost $1,737) | 1,753 | 0.0 | |||||||||||||
Principal | Issuer | |||||||||||||||
SHORT-TERM INVESTMENTS | ||||||||||||||||
GOVERNMENT AGENCY DEBT | 418,344 | 0.4 | ||||||||||||||
TREASURY DEBT | 164,761 | 0.2 | ||||||||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | ||||||||||||||||
CERTIFICATE OF DEPOSIT | 600,000 | 0.5 | ||||||||||||||
COMMERCIAL PAPER | 299,992 | 0.3 | ||||||||||||||
REPURCHASE AGREEMENT | ||||||||||||||||
$477,000,000 | o | Calyon | 0.330%, 01/04/16 | 477,000 | 0.4 | |||||||||||
500,000,000 | p | Goldman Sachs | 0.300%, 01/07/16 | 500,000 | 0.4 | |||||||||||
450,000,000 | q | Nomura | 0.340%, 01/04/16 | 450,000 | 0.4 | |||||||||||
545,000,000 | r | Royal Bank of Scotland | 0.290%, 01/05/16 | 545,000 | 0.5 | |||||||||||
s | Other Repurchase Agreements | 0.260%–0.370%, 01/04/16–01/07/16 | 1,425,000 | 1.3 | ||||||||||||
3,397,000 | 3.0 |
34 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments | concluded |
CREF Stock Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||||||
VARIABLE RATE SECURITIES | $ | 155,781 | 0.1 | % | ||||||||||||
TOTAL INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | 4,452,773 | 3.9 | ||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | (Cost $5,036,951) | 5,035,878 | 4.5 | |||||||||||||
TOTAL PORTFOLIO | (Cost $113,915,665) | 117,448,030 | 103.9 | |||||||||||||
OTHER ASSETS & LIABILITIES, NET | (4,399,869 | ) | (3.9 | ) | ||||||||||||
NET ASSETS | $ | 113,048,161 | 100.0 | % |
* | Non-income producing |
^ | Amount represents less than $1,000. |
a | Affiliated holding |
d | All or a portion of these securities have been segregated by the custodian to cover margin or other requirements on open futures transactions. |
e | All or a portion of these securities are out on loan. The aggregate value of securities on loan is $4,384,757,000. |
o | Agreement with Calyon, 0.33% dated 12/28/15 to be repurchased at $477,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $486,540,000. |
p | Agreement with Goldman Sachs, 0.30% dated 12/31/15 to be repurchased at $500,000,000 on 1/07/16, collateralized by U.S. Government Agency Securities valued at $510,000,000. |
q | Agreement with Nomura, 0.34% dated 12/31/15 to be repurchased at $450,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $459,000,000. |
r | Agreement with Royal Bank of Scotland, 0.29% dated 12/29/15 to be repurchased at $545,000,000 on 1/05/16, collateralized by U.S. Government Agency Securities valued at $555,901,000. |
s | Agreements, 0.26%–0.37% dated 12/28/15–12/31/15 to be repurchased at $1,425,000,000 on 1/04/16–1/07/16, collateralized by U.S. Government Agency Securities valued at $1,453,503,000. |
“Other” securities represent the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets.
At 12/31/15, the aggregate value of securities exempt from registration under Rule 144(A) of the Securities Act of 1933 amounted to $329,253,000 or 0.3% of net assets. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers.
Cost amounts are in thousands.
For ease of presentation, a number of classification categories have been grouped together in the Summary portfolio of investments. Note that the Account uses more specific categories in following its investment limitations on investment concentrations.
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 35 |
Summary of market values by country
CREF Stock Account ■ December 31, 2015
Country | Value (000) | % of total portfolio | ||||||
DOMESTIC | ||||||||
UNITED STATES | $ | 81,402,250 | 69.5 | % | ||||
TOTAL DOMESTIC | 81,402,250 | 69.5 | ||||||
FOREIGN | ||||||||
ARGENTINA | 6,293 | 0.0 | ||||||
AUSTRALIA | 1,383,826 | 1.2 | ||||||
AUSTRIA | 152,344 | 0.1 | ||||||
BELGIUM | 312,262 | 0.3 | ||||||
BERMUDA | 114,065 | 0.1 | ||||||
BRAZIL | 364,883 | 0.3 | ||||||
CANADA | 2,026,209 | 1.7 | ||||||
CAYMAN ISLANDS | 1,483 | 0.0 | ||||||
CHILE | 79,254 | 0.1 | ||||||
CHINA | 1,958,983 | 1.7 | ||||||
COLOMBIA | 31,550 | 0.0 | ||||||
CYPRUS | 61 | 0.0 | ||||||
CZECH REPUBLIC | 15,395 | 0.0 | ||||||
DENMARK | 483,108 | 0.4 | ||||||
EGYPT | 17,770 | 0.0 | ||||||
FAROE ISLANDS | 4,237 | 0.0 | ||||||
FINLAND | 329,889 | 0.3 | ||||||
FRANCE | 2,460,964 | 2.1 | ||||||
GEORGIA | 2,889 | 0.0 | ||||||
GERMANY | 2,127,862 | 1.8 | ||||||
GIBRALTAR | 1,230 | 0.0 | ||||||
GREECE | 30,625 | 0.0 | ||||||
GUERNSEY, C.I. | 411 | 0.0 | ||||||
HONG KONG | 986,394 | 0.8 | ||||||
HUNGARY | 21,700 | 0.0 | ||||||
INDIA | 758,715 | 0.6 | ||||||
INDONESIA | 185,839 | 0.2 | ||||||
IRELAND | 555,640 | 0.5 | ||||||
ISLE OF MAN | 3,255 | 0.0 | ||||||
ISRAEL | 278,235 | 0.2 | ||||||
ITALY | 640,354 | 0.5 | ||||||
JAPAN | 5,974,394 | 5.1 | ||||||
JERSEY, C.I. | 10,163 | 0.0 |
Country | Value (000) | % of total portfolio | ||||||
JORDAN | $ | 13,941 | 0.0 | % | ||||
KOREA, REPUBLIC OF | 1,197,031 | 1.0 | ||||||
LUXEMBOURG | 69,531 | 0.1 | ||||||
MACAU | 3,473 | 0.0 | ||||||
MALAYSIA | 233,864 | 0.2 | ||||||
MALTA | 8,050 | 0.0 | ||||||
MEXICO | 348,651 | 0.3 | ||||||
MONACO | 7,848 | 0.0 | ||||||
NETHERLANDS | 1,120,166 | 1.0 | ||||||
NEW ZEALAND | 106,150 | 0.1 | ||||||
NORWAY | 204,770 | 0.2 | ||||||
PAKISTAN | 1,806 | 0.0 | ||||||
PANAMA | 7,746 | 0.0 | ||||||
PERU | 38,380 | 0.0 | ||||||
PHILIPPINES | 127,716 | 0.1 | ||||||
POLAND | 85,806 | 0.1 | ||||||
PORTUGAL | 55,845 | 0.0 | ||||||
PUERTO RICO | 15,113 | 0.0 | ||||||
QATAR | 52,419 | 0.0 | ||||||
ROMANIA | 5,545 | 0.0 | ||||||
RUSSIA | 240,416 | 0.2 | ||||||
SINGAPORE | 451,638 | 0.4 | ||||||
SOUTH AFRICA | 453,425 | 0.4 | ||||||
SPAIN | 494,897 | 0.4 | ||||||
SRI LANKA | 1,293 | 0.0 | ||||||
SWEDEN | 676,223 | 0.6 | ||||||
SWITZERLAND | 2,251,182 | 1.9 | ||||||
TAIWAN | 1,015,541 | 0.9 | ||||||
THAILAND | 168,254 | 0.1 | ||||||
TURKEY | 113,455 | 0.1 | ||||||
UNITED ARAB EMIRATES | 65,882 | 0.1 | ||||||
UNITED KINGDOM | 5,087,637 | 4.3 | ||||||
VIETNAM | 1,758 | 0.0 | ||||||
VIRGIN ISLANDS, U.S. | 46 | 0.0 | ||||||
TOTAL FOREIGN | 36,045,780 | 30.5 | ||||||
TOTAL PORTFOLIO | $ | 117,448,030 | 100.0 | % |
36 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments
CREF Global Equities Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||
COMMON STOCKS | ||||||||||||
AUSTRALIA | $ | 299,814 | 1.6 | % | ||||||||
AUSTRIA | 19,730 | 0.1 | ||||||||||
BELGIUM | 35,214 | 0.2 | ||||||||||
BERMUDA | 19,443 | 0.1 | ||||||||||
BRAZIL | 6,810 | 0.0 | ||||||||||
CANADA | 526,554 | 2.8 | ||||||||||
CHILE | 150 | 0.0 | ||||||||||
CHINA | 57,417 | 0.3 | ||||||||||
DENMARK | ||||||||||||
1,407,591 | Novo Nordisk AS | 81,497 | 0.4 | |||||||||
Other | 76,622 | 0.4 | ||||||||||
158,119 | 0.8 | |||||||||||
FINLAND | 121,495 | 0.7 | ||||||||||
FRANCE | ||||||||||||
2,062,464 | Total S.A. | 92,463 | 0.5 | |||||||||
Other | 516,232 | 2.8 | ||||||||||
608,695 | 3.3 | |||||||||||
GERMANY | ||||||||||||
864,133 | Daimler AG. (Registered) | 72,202 | 0.4 | |||||||||
Other | 440,973 | 2.4 | ||||||||||
513,175 | 2.8 | |||||||||||
HONG KONG | 169,081 | 0.9 | ||||||||||
INDIA | 71,374 | 0.4 | ||||||||||
IRELAND | 222,643 | 1.2 | ||||||||||
ISRAEL | 58,668 | 0.3 | ||||||||||
ITALY | 193,086 | 1.0 | ||||||||||
JAPAN | ||||||||||||
1,964,448 | Toyota Motor Corp | 120,969 | 0.7 | |||||||||
Other | 1,434,072 | 7.7 | ||||||||||
1,555,041 | 8.4 | |||||||||||
JERSEY, C.I. | 313 | 0.0 | ||||||||||
KOREA, REPUBLIC OF | 18,467 | 0.1 | ||||||||||
LUXEMBOURG | 17,682 | 0.1 | ||||||||||
MACAU | 336 | 0.0 | ||||||||||
MALAYSIA | 14,524 | 0.1 | ||||||||||
MEXICO | 9,944 | 0.1 |
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 37 |
Summary portfolio of investments | continued |
CREF Global Equities Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||
NETHERLANDS | ||||||||||||
5,885,886 | ING Groep NV | $ | 79,636 | 0.4 | % | |||||||
Other | 294,099 | 1.6 | ||||||||||
373,735 | 2.0 | |||||||||||
NEW ZEALAND | 10,162 | 0.1 | ||||||||||
NORWAY | 53,088 | 0.3 | ||||||||||
PHILIPPINES | 19,180 | 0.1 | ||||||||||
PORTUGAL | 9,404 | 0.0 | ||||||||||
RUSSIA | 11,591 | 0.1 | ||||||||||
SINGAPORE | 64,149 | 0.3 | ||||||||||
SOUTH AFRICA | 18,039 | 0.1 | ||||||||||
SPAIN | 134,919 | 0.7 | ||||||||||
SWEDEN | 152,007 | 0.8 | ||||||||||
SWITZERLAND | ||||||||||||
1,198,394 | Nestle S.A. | 88,963 | 0.5 | |||||||||
2,063,418 | Novartis AG. | 177,494 | 1.0 | |||||||||
358,839 | Roche Holding AG. | 99,437 | 0.5 | |||||||||
4,103,539 | UBS AG. | 79,606 | 0.4 | |||||||||
Other | 339,033 | 1.8 | ||||||||||
784,533 | 4.2 | |||||||||||
TAIWAN | 50,382 | 0.3 | ||||||||||
THAILAND | 6,339 | 0.0 | ||||||||||
UNITED ARAB EMIRATES | 7,605 | 0.0 | ||||||||||
UNITED KINGDOM | ||||||||||||
28,936,967 | Barclays plc | 93,141 | 0.5 | |||||||||
845,071 | Delphi Automotive plc | 72,448 | 0.4 | |||||||||
3,580,231 | Prudential plc | 80,661 | 0.4 | |||||||||
Other | 1,094,368 | 5.9 | ||||||||||
1,340,618 | 7.2 | |||||||||||
UNITED STATES | ||||||||||||
410,150 | * | Allergan plc | 128,172 | 0.7 | ||||||||
100,113 | * | Alphabet, Inc (Class A) | 77,889 | 0.4 | ||||||||
271,069 | * | Alphabet, Inc (Class C) | 205,709 | 1.1 | ||||||||
226,703 | * | Amazon.com, Inc | 153,226 | 0.8 | ||||||||
3,194,788 | Apple, Inc | 336,283 | 1.8 | |||||||||
6,395,526 | Bank of America Corp | 107,637 | 0.6 | |||||||||
950,269 | * | Celgene Corp | 113,804 | 0.6 | ||||||||
817,896 | Chevron Corp | 73,578 | 0.4 | |||||||||
4,293,630 | Cisco Systems, Inc | 116,594 | 0.6 | |||||||||
1,381,728 | Citigroup, Inc | 71,505 | 0.4 | |||||||||
2,579,960 | Coca-Cola Co | 110,835 | 0.6 | |||||||||
2,625,010 | Comcast Corp (Class A) | 148,129 | 0.8 | |||||||||
1,118,980 | CVS Health Corp | 109,403 | 0.6 |
38 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments | continued |
CREF Global Equities Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||||||
UNITED STATES—continued | ||||||||||||||||
874,465 | Eli Lilly & Co | $ | 73,682 | 0.4 | % | |||||||||||
1,234,431 | EOG Resources, Inc | 87,385 | 0.5 | |||||||||||||
1,419,120 | d | Exxon Mobil Corp | 110,620 | 0.6 | ||||||||||||
1,458,868 | * | Facebook, Inc | 152,685 | 0.8 | ||||||||||||
3,018,635 | General Electric Co | 94,031 | 0.5 | |||||||||||||
1,093,755 | Gilead Sciences, Inc | 110,677 | 0.6 | |||||||||||||
1,263,037 | Home Depot, Inc | 167,037 | 0.9 | |||||||||||||
1,165,182 | Honeywell International, Inc | 120,678 | 0.6 | |||||||||||||
2,048,357 | Intel Corp | 70,566 | 0.4 | |||||||||||||
1,486,490 | e | iShares MSCI EAFE Index Fund | 87,331 | 0.5 | ||||||||||||
789,349 | Johnson & Johnson | 81,082 | 0.4 | |||||||||||||
2,696,823 | JPMorgan Chase & Co | 178,071 | 1.0 | |||||||||||||
3,154,105 | Microsoft Corp | 174,990 | 0.9 | |||||||||||||
2,289,087 | Mondelez International, Inc | 102,643 | 0.6 | |||||||||||||
2,291,266 | Morgan Stanley | 72,885 | 0.4 | |||||||||||||
840,228 | NextEra Energy, Inc | 87,291 | 0.5 | |||||||||||||
1,057,516 | Occidental Petroleum Corp | 71,499 | 0.4 | |||||||||||||
2,119,748 | Oracle Corp | 77,434 | 0.4 | |||||||||||||
1,187,561 | PepsiCo, Inc | 118,661 | 0.6 | |||||||||||||
4,434,581 | Pfizer, Inc | 143,148 | 0.8 | |||||||||||||
1,862,930 | Verizon Communications, Inc | 86,105 | 0.5 | |||||||||||||
1,788,251 | Visa, Inc (Class A) | 138,679 | 0.7 | |||||||||||||
4,575,190 | Wells Fargo & Co | 248,707 | 1.3 | |||||||||||||
Other | 6,232,884 | 33.5 | ||||||||||||||
10,641,535 | 57.2 | |||||||||||||||
TOTAL COMMON STOCKS | (Cost $17,123,796) | 18,375,061 | 98.7 | |||||||||||||
RIGHTS / WARRANTS | ||||||||||||||||
SINGAPORE | 1 | 0.0 | ||||||||||||||
SPAIN | 154 | 0.0 | ||||||||||||||
UNITED STATES | 1 | 0.0 | ||||||||||||||
TOTAL RIGHTS / WARRANTS | (Cost $198) | 156 | 0.0 | |||||||||||||
Principal | Issuer | |||||||||||||||
SHORT-TERM INVESTMENTS | ||||||||||||||||
GOVERNMENT AGENCY DEBT | 120,649 | 0.7 | ||||||||||||||
TREASURY DEBT | ||||||||||||||||
$70,000,000 | United States Treasury Bill | 0.451%, 06/30/16 | 69,832 | 0.4 | ||||||||||||
69,832 | 0.4 |
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 39 |
Summary portfolio of investments | concluded |
CREF Global Equities Account ■ December 31, 2015
Principal | Issuer | Value (000) | % of net assets | |||||||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | ||||||||||||||||
CERTIFICATE OF DEPOSIT | $ | 60,000 | 0.3 | % | ||||||||||||
COMMERCIAL PAPER | 49,999 | 0.3 | ||||||||||||||
REPURCHASE AGREEMENTS | ||||||||||||||||
$85,000,000 | n | Royal Bank of Scotland | 0.290%, 01/05/16 | 85,000 | 0.4 | |||||||||||
o | Other Repurchase Agreements | 0.260%–0.370%, 01/04/16–01/07/16 | 200,000 | 1.1 | ||||||||||||
285,000 | 1.5 | |||||||||||||||
VARIABLE RATE SECURITIES | 27,491 | 0.1 | ||||||||||||||
TOTAL INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | 422,490 | 2.2 | ||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | (Cost $613,136) | 612,971 | 3.3 | |||||||||||||
TOTAL PORTFOLIO | (Cost $17,737,130) | 18,988,188 | 102.0 | |||||||||||||
OTHER ASSETS & LIABILITIES, NET | (369,838 | ) | (2.0 | ) | ||||||||||||
NET ASSETS | $ | 18,618,350 | 100.0 | % |
* | Non-income producing |
d | All or a portion of these securities have been segregated by the custodian to cover margin or other requirements on open futures transactions. |
e | All or a portion of these securities are out on loan. The aggregate value of securities on loan is $400,731,000. |
n | Agreement with Royal Bank of Scotland, 0.29% dated 12/29/15 to be repurchased at $85,000,000 on 1/05/16, collateralized by U.S. Government Agency Securities valued at $86,701,000. |
o | Agreements, 0.26%–0.37% dated 12/28/15–12/31/15 to be repurchased at $200,000,000 on 1/04/16–1/07/16, collateralized by U.S. Government Agency Securities valued at $204,001,000. |
“Other” securities represent the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets.
At 12/31/15, the aggregate value of securities exempt from registration under Rule 144(A) of the Securities Act of 1933 amounted to $116,212,000 or 0.6% of net assets. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers.
Cost amounts are in thousands.
For ease of presentation, a number of classification categories have been grouped together in the Summary portfolio of investments. Note that the Account uses more specific categories in following its investment limitations on investment concentrations.
40 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary of market values by sector
CREF Global Equities Account ■ December 31, 2015
Sector | Value (000) | % of net assets | ||||||
FINANCIALS | $ | 3,666,818 | 19.6 | % | ||||
CONSUMER DISCRETIONARY | 3,044,114 | 16.4 | ||||||
INFORMATION TECHNOLOGY | 2,863,130 | 15.4 | ||||||
HEALTH CARE | 2,604,468 | 14.0 | ||||||
INDUSTRIALS | 1,989,678 | 10.7 | ||||||
CONSUMER STAPLES | 1,617,755 | 8.7 | ||||||
ENERGY | 1,019,310 | 5.5 | ||||||
MATERIALS | 760,920 | 4.1 | ||||||
UTILITIES | 435,418 | 2.3 | ||||||
TELECOMMUNICATION SERVICES | 373,606 | 2.0 | ||||||
SHORT-TERM INVESTMENTS | 612,971 | 3.3 | ||||||
OTHER ASSETS & LIABILITES, NET | (369,838 | ) | (2.0 | ) | ||||
NET ASSETS | $ | 18,618,350 | 100.0 | % |
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 41 |
Summary portfolio of investments
CREF Growth Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||
COMMON STOCKS | ||||||||||||
AUTOMOBILES & COMPONENTS | ||||||||||||
1,976,914 | Delphi Automotive plc | $ | 169,481 | 0.8 | % | |||||||
Other | 268,375 | 1.2 | ||||||||||
437,856 | 2.0 | |||||||||||
BANKS | 53,518 | 0.2 | ||||||||||
CAPITAL GOODS | ||||||||||||
1,029,977 | 3M Co | 155,156 | 0.7 | |||||||||
1,256,144 | Boeing Co | 181,626 | 0.8 | |||||||||
1,457,895 | Honeywell International, Inc | 150,994 | 0.7 | |||||||||
672,398 | Northrop Grumman Corp | 126,955 | 0.6 | |||||||||
Other | 602,178 | 2.7 | ||||||||||
1,216,909 | 5.5 | |||||||||||
COMMERCIAL & PROFESSIONAL SERVICES | ||||||||||||
1,882,198 | * | Verisk Analytics, Inc | 144,704 | 0.6 | ||||||||
Other | 262,773 | 1.2 | ||||||||||
407,477 | 1.8 | |||||||||||
CONSUMER DURABLES & APPAREL | ||||||||||||
4,187,680 | Nike, Inc (Class B) | 261,730 | 1.2 | |||||||||
Other | 354,869 | 1.6 | ||||||||||
616,599 | 2.8 | |||||||||||
CONSUMER SERVICES | ||||||||||||
3,638,988 | * | Norwegian Cruise Line Holdings Ltd | 213,245 | 1.0 | ||||||||
5,026,868 | Starbucks Corp | 301,763 | 1.3 | |||||||||
Other | 417,768 | 1.9 | ||||||||||
932,776 | 4.2 | |||||||||||
DIVERSIFIED FINANCIALS | ||||||||||||
428,726 | IntercontinentalExchange Group, Inc | 109,865 | 0.5 | |||||||||
Other | 595,360 | 2.7 | ||||||||||
705,225 | 3.2 | |||||||||||
ENERGY | 152,912 | 0.7 | ||||||||||
FOOD & STAPLES RETAILING | ||||||||||||
956,048 | Costco Wholesale Corp | 154,402 | 0.7 | |||||||||
1,384,983 | CVS Health Corp | 135,410 | 0.6 | |||||||||
2,686,820 | Kroger Co | 112,390 | 0.5 | |||||||||
Other | 35,314 | 0.2 | ||||||||||
437,516 | 2.0 | |||||||||||
FOOD, BEVERAGE & TOBACCO | ||||||||||||
1,398,744 | * | Monster Beverage Corp | 208,357 | 1.0 | ||||||||
Other | 691,053 | 3.1 | ||||||||||
899,410 | 4.1 |
42 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments | continued |
CREF Growth Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||
HEALTH CARE EQUIPMENT & SERVICES | ||||||||||||
212,135 | * | Intuitive Surgical, Inc | $ | 115,860 | 0.5 | % | ||||||
922,860 | UnitedHealth Group, Inc | 108,565 | 0.5 | |||||||||
Other | 835,791 | 3.8 | ||||||||||
1,060,216 | 4.8 | |||||||||||
HOUSEHOLD & PERSONAL PRODUCTS | ||||||||||||
2,381,383 | Estee Lauder Cos (Class A) | 209,704 | 0.9 | |||||||||
Other | 65,817 | 0.3 | ||||||||||
275,521 | 1.2 | |||||||||||
INSURANCE | 120,012 | 0.5 | ||||||||||
MATERIALS | ||||||||||||
1,221,500 | Monsanto Co | 120,342 | 0.5 | |||||||||
1,339,938 | PPG Industries, Inc | 132,413 | 0.6 | |||||||||
Other | 439,148 | 2.0 | ||||||||||
691,903 | 3.1 | |||||||||||
MEDIA | ||||||||||||
6,809,720 | Comcast Corp (Class A) | 384,272 | 1.7 | |||||||||
1,707,441 | Time Warner, Inc | 110,420 | 0.5 | |||||||||
2,369,163 | Walt Disney Co | 248,952 | 1.1 | |||||||||
Other | 264,656 | 1.2 | ||||||||||
1,008,300 | 4.5 | |||||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | ||||||||||||
2,251,693 | AbbVie, Inc | 133,390 | 0.6 | |||||||||
675,159 | * | Alexion Pharmaceuticals, Inc | 128,786 | 0.6 | ||||||||
1,104,429 | * | Allergan plc | 345,134 | 1.6 | ||||||||
1,075,857 | Amgen, Inc | 174,644 | 0.8 | |||||||||
526,433 | * | Biogen Idec, Inc | 161,273 | 0.7 | ||||||||
2,091,260 | Bristol-Myers Squibb Co | 143,858 | 0.6 | |||||||||
3,005,567 | * | Celgene Corp | 359,947 | 1.6 | ||||||||
2,018,070 | Eli Lilly & Co | 170,042 | 0.8 | |||||||||
3,635,497 | Gilead Sciences, Inc | 367,876 | 1.7 | |||||||||
Other | 685,505 | 3.1 | ||||||||||
2,670,455 | 12.1 | |||||||||||
REAL ESTATE | 344,661 | 1.6 | ||||||||||
RETAILING | ||||||||||||
1,158,092 | * | Amazon.com, Inc | 782,743 | 3.6 | ||||||||
1,206,849 | Expedia, Inc | 150,011 | 0.7 | |||||||||
2,880,705 | Home Depot, Inc | 380,973 | 1.7 | |||||||||
Other | 846,612 | 3.8 | ||||||||||
2,160,339 | 9.8 | |||||||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 370,207 | 1.7 |
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 43 |
Summary portfolio of investments | continued |
CREF Growth Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||||||
SOFTWARE & SERVICES | ||||||||||||||||
3,573,657 | * | Adobe Systems, Inc | $ | 335,709 | 1.5 | % | ||||||||||
508,109 | * | Alphabet, Inc (Class A) | 395,314 | 1.8 | ||||||||||||
878,415 | * | Alphabet, Inc (Class C) | 666,612 | 3.0 | ||||||||||||
5,611,187 | * | Facebook, Inc | 587,267 | 2.7 | ||||||||||||
3,629,392 | Intuit, Inc | 350,236 | 1.6 | |||||||||||||
3,449,222 | Mastercard, Inc (Class A) | 335,816 | 1.5 | |||||||||||||
9,508,155 | Microsoft Corp | 527,512 | 2.4 | |||||||||||||
3,209,961 | Oracle Corp | 117,260 | 0.5 | |||||||||||||
3,537,595 | * | PayPal Holdings, Inc | 128,061 | 0.6 | ||||||||||||
1,343,769 | * | Red Hat, Inc | 111,278 | 0.5 | ||||||||||||
3,341,794 | * | Salesforce.com, Inc | 261,997 | 1.2 | ||||||||||||
5,920,723 | Visa, Inc (Class A) | 459,152 | 2.1 | |||||||||||||
Other | 1,099,151 | 5.0 | ||||||||||||||
5,375,365 | 24.4 | |||||||||||||||
TECHNOLOGY HARDWARE & EQUIPMENT | ||||||||||||||||
9,751,997 | d | Apple, Inc | 1,026,495 | 4.6 | ||||||||||||
Other | 195,463 | 0.9 | ||||||||||||||
1,221,958 | 5.5 | |||||||||||||||
TELECOMMUNICATION SERVICES | ||||||||||||||||
2,573,967 | Verizon Communications, Inc | 118,969 | 0.5 | |||||||||||||
Other | 105,523 | 0.5 | ||||||||||||||
224,492 | 1.0 | |||||||||||||||
TRANSPORTATION | ||||||||||||||||
1,414,519 | Union Pacific Corp | 110,615 | 0.5 | |||||||||||||
Other | 429,616 | 1.9 | ||||||||||||||
540,231 | 2.4 | |||||||||||||||
UTILITIES | 1,805 | 0.0 | ||||||||||||||
TOTAL COMMON STOCKS | (Cost $17,556,208) | 21,925,663 | 99.1 | |||||||||||||
Principal | Issuer | |||||||||||||||
SHORT-TERM INVESTMENTS | ||||||||||||||||
GOVERNMENT AGENCY DEBT | 113,967 | 0.5 | ||||||||||||||
TREASURY DEBT | 76,880 | 0.3 | ||||||||||||||
Shares | Company | |||||||||||||||
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES | ||||||||||||||||
533,630,785 | a,c | TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust | 533,631 | 2.4 | ||||||||||||
533,631 | 2.4 | |||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | (Cost $724,481) | 724,478 | 3.2 | |||||||||||||
TOTAL PORTFOLIO | (Cost $18,280,689) | 22,650,141 | 102.3 | |||||||||||||
OTHER ASSETS & LIABILITIES, NET | (517,996 | ) | (2.3 | ) | ||||||||||||
NET ASSETS | $ | 22,132,145 | 100.0 | % |
44 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments | concluded |
CREF Growth Account ■ December 31, 2015
* | Non-income producing |
a | Affiliated holding |
c | Investments made with cash collateral received from securities on loan. |
d | All or a portion of these securities have been segregated by the custodian to cover margin or other requirements on open futures transactions. |
“Other” securities represent the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets.
At 12/31/15, the aggregate value of securities on loan is $518,588,000.
At 12/31/15, the aggregate value of securities exempt from registration under Rule 144(A) of the Securities Act of 1933 amounted to $61,372,000 or 0.3% of net assets. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers.
Cost amounts are in thousands.
For ease of presentation, a number of classification categories have been grouped together in the Summary portfolio of investments. Note that the Account uses more specific categories in following its investment limitations on investment concentrations.
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 45 |
Summary portfolio of investments
CREF Equity Index Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||||||
COMMON STOCKS | ||||||||||||||||
AUTOMOBILES & COMPONENTS | $ | 185,323 | 1.1 | % | ||||||||||||
BANKS | ||||||||||||||||
7,745,786 | Bank of America Corp | 130,362 | 0.8 | |||||||||||||
2,224,775 | Citigroup, Inc | 115,132 | 0.7 | |||||||||||||
2,723,601 | JPMorgan Chase & Co | 179,839 | 1.1 | |||||||||||||
3,419,622 | Wells Fargo & Co | 185,891 | 1.1 | |||||||||||||
Other | 399,762 | 2.5 | ||||||||||||||
1,010,986 | 6.2 | |||||||||||||||
CAPITAL GOODS | ||||||||||||||||
469,229 | 3M Co | 70,685 | 0.4 | |||||||||||||
506,233 | Boeing Co | 73,196 | 0.5 | |||||||||||||
6,921,068 | General Electric Co | 215,591 | 1.3 | |||||||||||||
651,280 | United Technologies Corp | 62,569 | 0.4 | |||||||||||||
Other | 801,043 | 4.9 | ||||||||||||||
1,223,084 | 7.5 | |||||||||||||||
COMMERCIAL & PROFESSIONAL SERVICES | 175,830 | 1.1 | ||||||||||||||
CONSUMER DURABLES & APPAREL | 269,843 | 1.7 | ||||||||||||||
CONSUMER SERVICES | ||||||||||||||||
701,841 | McDonald’s Corp | 82,915 | 0.5 | |||||||||||||
1,109,740 | Starbucks Corp | 66,618 | 0.4 | |||||||||||||
Other | 229,322 | 1.4 | ||||||||||||||
378,855 | 2.3 | |||||||||||||||
DIVERSIFIED FINANCIALS | 615,461 | 3.8 | ||||||||||||||
ENERGY | ||||||||||||||||
1,385,121 | Chevron Corp | 124,606 | 0.7 | |||||||||||||
3,072,330 | d | Exxon Mobil Corp | 239,488 | 1.5 | ||||||||||||
932,477 | Schlumberger Ltd | 65,040 | 0.4 | |||||||||||||
Other | 533,514 | 3.3 | ||||||||||||||
962,648 | 5.9 | |||||||||||||||
FOOD & STAPLES RETAILING | ||||||||||||||||
828,719 | CVS Health Corp | 81,024 | 0.5 | |||||||||||||
1,162,129 | Wal-Mart Stores, Inc | 71,239 | 0.5 | |||||||||||||
Other | 182,990 | 1.1 | ||||||||||||||
335,253 | 2.1 | |||||||||||||||
FOOD, BEVERAGE & TOBACCO | ||||||||||||||||
1,448,932 | Altria Group, Inc | 84,342 | 0.5 | |||||||||||||
2,875,732 | Coca-Cola Co | 123,542 | 0.7 | |||||||||||||
1,082,167 | PepsiCo, Inc | 108,130 | 0.7 | |||||||||||||
1,138,277 | Philip Morris International, Inc | 100,066 | 0.6 | |||||||||||||
Other | 387,869 | 2.4 | ||||||||||||||
803,949 | 4.9 |
46 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments | continued |
CREF Equity Index Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||||||
HEALTH CARE EQUIPMENT & SERVICES | ||||||||||||||||
1,044,195 | Medtronic plc | $ | 80,319 | 0.5 | % | |||||||||||
697,057 | UnitedHealth Group, Inc | 82,002 | 0.5 | |||||||||||||
Other | 676,558 | 4.1 | ||||||||||||||
838,879 | 5.1 | |||||||||||||||
HOUSEHOLD & PERSONAL PRODUCTS | ||||||||||||||||
1,990,504 | Procter & Gamble Co | 158,066 | 1.0 | |||||||||||||
Other | 130,805 | 0.8 | ||||||||||||||
288,871 | 1.8 | |||||||||||||||
INSURANCE | ||||||||||||||||
1,368,681 | * | Berkshire Hathaway, Inc (Class B) | 180,720 | 1.1 | ||||||||||||
Other | 491,405 | 3.0 | ||||||||||||||
672,125 | 4.1 | |||||||||||||||
MATERIALS | 502,426 | 3.1 | ||||||||||||||
MEDIA | ||||||||||||||||
1,839,586 | Comcast Corp (Class A) | 103,808 | 0.6 | |||||||||||||
1,244,744 | Walt Disney Co | 130,797 | 0.8 | |||||||||||||
Other | 277,379 | 1.7 | ||||||||||||||
511,984 | 3.1 | |||||||||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | ||||||||||||||||
1,217,272 | AbbVie, Inc | 72,111 | 0.4 | |||||||||||||
289,808 | * | Allergan plc | 90,565 | 0.5 | ||||||||||||
559,100 | Amgen, Inc | 90,759 | 0.6 | |||||||||||||
1,228,895 | Bristol-Myers Squibb Co | 84,536 | 0.5 | |||||||||||||
586,722 | * | Celgene Corp | 70,266 | 0.4 | ||||||||||||
1,078,657 | Gilead Sciences, Inc | 109,149 | 0.7 | |||||||||||||
2,035,748 | Johnson & Johnson | 209,112 | 1.3 | |||||||||||||
2,072,781 | Merck & Co, Inc | 109,484 | 0.7 | |||||||||||||
4,522,998 | Pfizer, Inc | 146,003 | 0.9 | |||||||||||||
Other | 575,930 | 3.5 | ||||||||||||||
1,557,915 | 9.5 | |||||||||||||||
REAL ESTATE | 679,954 | 4.2 | ||||||||||||||
RETAILING | ||||||||||||||||
279,967 | * | Amazon.com, Inc | 189,227 | 1.1 | ||||||||||||
954,839 | Home Depot, Inc | 126,278 | 0.8 | |||||||||||||
Other | 532,360 | 3.3 | ||||||||||||||
847,865 | 5.2 | |||||||||||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | ||||||||||||||||
3,478,760 | Intel Corp | 119,843 | 0.7 | |||||||||||||
Other | 272,714 | 1.7 | ||||||||||||||
392,557 | 2.4 |
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 47 |
Summary portfolio of investments | continued |
CREF Equity Index Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||||||
SOFTWARE & SERVICES | ||||||||||||||||
211,966 | * | Alphabet, Inc (Class A) | $ | 164,912 | 1.0 | % | ||||||||||
215,795 | * | Alphabet, Inc (Class C) | 163,762 | 1.0 | ||||||||||||
1,591,937 | * | Facebook, Inc | 166,612 | 1.0 | ||||||||||||
665,410 | International Business Machines Corp | 91,574 | 0.6 | |||||||||||||
734,581 | Mastercard, Inc (Class A) | 71,519 | 0.4 | |||||||||||||
5,949,308 | Microsoft Corp | 330,067 | 2.0 | |||||||||||||
2,343,471 | Oracle Corp | 85,607 | 0.5 | |||||||||||||
1,438,349 | Visa, Inc (Class A) | 111,544 | 0.7 | |||||||||||||
Other | 764,297 | 4.7 | ||||||||||||||
1,949,894 | 11.9 | |||||||||||||||
TECHNOLOGY HARDWARE & EQUIPMENT | ||||||||||||||||
4,233,303 | Apple, Inc | 445,597 | 2.8 | |||||||||||||
3,751,334 | Cisco Systems, Inc | 101,868 | 0.6 | |||||||||||||
Other | 345,138 | 2.1 | ||||||||||||||
892,603 | 5.5 | |||||||||||||||
TELECOMMUNICATION SERVICES | ||||||||||||||||
4,470,855 | AT&T, Inc | 153,842 | 0.9 | |||||||||||||
3,002,068 | Verizon Communications, Inc | 138,756 | 0.9 | |||||||||||||
Other | 61,044 | 0.4 | ||||||||||||||
353,642 | 2.2 | |||||||||||||||
TRANSPORTATION | 338,400 | 2.1 | ||||||||||||||
UTILITIES | 496,586 | 3.0 | ||||||||||||||
TOTAL COMMON STOCKS | (Cost $9,202,465) | 16,284,933 | 99.8 | |||||||||||||
RIGHTS / WARRANTS | ||||||||||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 16 | 0.0 | ||||||||||||||
TELECOMMUNICATION SERVICES | 118 | 0.0 | ||||||||||||||
TOTAL RIGHTS / WARRANTS | (Cost $118) | 134 | 0.0 | |||||||||||||
SHORT-TERM INVESTMENTS | ||||||||||||||||
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES | ||||||||||||||||
572,035,124 | a,c | TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust | 572,035 | 3.5 | ||||||||||||
572,035 | 3.5 | |||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | (Cost $572,035) | 572,035 | 3.5 | |||||||||||||
TOTAL PORTFOLIO | (Cost $9,774,618) | 16,857,102 | 103.3 | |||||||||||||
OTHER ASSETS & LIABILITIES, NET | (545,200 | ) | (3.3 | ) | ||||||||||||
NET ASSETS | $ | 16,311,902 | 100.0 | % |
48 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments | concluded |
CREF Equity Index Account ■ December 31, 2015 |
* | Non-income producing |
a | Affiliated holding |
c | Investments made with cash collateral received from securities on loan. |
d | All or a portion of these securities have been segregated by the custodian to cover margin or other requirements on open futures transactions. |
“Other” securities represent the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets.
At 12/31/2015, the aggregate value of securities on loan is $552,971,000.
Cost amounts are in thousands.
For ease of presentation, a number of classification categories have been grouped together in the Summary portfolio of investments. Note that the Account uses more specific categories in following its investment limitations on investment concentrations.
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 49 |
Summary portfolio of investments
CREF Bond Market Account ■ December 31, 2015
Principal | Issuer | Value (000) | % of net assets | |||||||||||||
BANK LOAN OBLIGATIONS | ||||||||||||||||
AUTOMOBILES & COMPONENTS | $ | 6,313 | 0.1 | % | ||||||||||||
CAPITAL GOODS | 4,127 | 0.0 | ||||||||||||||
COMMERCIAL & PROFESSIONAL SERVICES | 656 | 0.0 | ||||||||||||||
CONSUMER DURABLES & APPAREL | 1,190 | 0.0 | ||||||||||||||
CONSUMER SERVICES | 12,384 | 0.1 | ||||||||||||||
DIVERSIFIED FINANCIALS | 8,662 | 0.0 | ||||||||||||||
ENERGY | 3,526 | 0.0 | ||||||||||||||
FOOD & STAPLES RETAILING | 5,455 | 0.0 | ||||||||||||||
HEALTH CARE EQUIPMENT & SERVICES | 8,342 | 0.1 | ||||||||||||||
MATERIALS | 8,738 | 0.1 | ||||||||||||||
MEDIA | 13,772 | 0.1 | ||||||||||||||
RETAILING | 1,515 | 0.0 | ||||||||||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 11,597 | 0.1 | ||||||||||||||
SOFTWARE & SERVICES | 9,926 | 0.1 | ||||||||||||||
TECHNOLOGY HARDWARE & EQUIPMENT | 6,271 | 0.1 | ||||||||||||||
UTILITIES | 188 | 0.0 | ||||||||||||||
TOTAL BANK LOAN OBLIGATIONS | (Cost $104,600) | 102,662 | 0.8 | |||||||||||||
BONDS | ||||||||||||||||
CORPORATE BONDS | ||||||||||||||||
AUTOMOBILES & COMPONENTS | 27,455 | 0.2 | ||||||||||||||
BANKS | ||||||||||||||||
$50,000,000 | g | Toronto-Dominion Bank | 1.500%, 03/13/17 | 50,082 | 0.4 | |||||||||||
Other | 843,386 | 6.3 | ||||||||||||||
893,468 | 6.7 | |||||||||||||||
CAPITAL GOODS | 92,507 | 0.7 | ||||||||||||||
COMMERCIAL & PROFESSIONAL SERVICES | 121,564 | 0.9 | ||||||||||||||
CONSUMER DURABLES & APPAREL | 24,633 | 0.2 | ||||||||||||||
CONSUMER SERVICES | 129,557 | 1.0 | ||||||||||||||
DIVERSIFIED FINANCIALS | ||||||||||||||||
116,600,000 | Morgan Stanley | 1.875%–6.375%, 01/05/18–07/24/42 | 118,926 | 1.0 | ||||||||||||
Other | 531,586 | 4.0 | ||||||||||||||
650,512 | 5.0 | |||||||||||||||
ENERGY | 323,962 | 2.5 | ||||||||||||||
FOOD & STAPLES RETAILING | 69,065 | 0.5 | ||||||||||||||
FOOD, BEVERAGE & TOBACCO | 121,788 | 0.9 |
50 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments | continued |
CREF Bond Market Account ■ December 31, 2015
Principal | Issuer | Value (000) | % of net assets | |||||||||||||
HEALTH CARE EQUIPMENT & SERVICES | $ | 146,259 | 1.1 | % | ||||||||||||
HOUSEHOLD & PERSONAL PRODUCTS | 27,076 | 0.2 | ||||||||||||||
INSURANCE | 242,369 | 1.8 | ||||||||||||||
MATERIALS | 174,089 | 1.3 | ||||||||||||||
MEDIA | 248,919 | 1.9 | ||||||||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 190,860 | 1.4 | ||||||||||||||
REAL ESTATE | 160,026 | 1.2 | ||||||||||||||
RETAILING | 70,889 | 0.5 | ||||||||||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 12,000 | 0.1 | ||||||||||||||
SOFTWARE & SERVICES | 88,532 | 0.7 | ||||||||||||||
TECHNOLOGY HARDWARE & EQUIPMENT | 46,087 | 0.3 | ||||||||||||||
TELECOMMUNICATION SERVICES | 213,075 | 1.6 | ||||||||||||||
TRANSPORTATION | 145,120 | 1.1 | ||||||||||||||
UTILITIES | 438,879 | 3.3 | ||||||||||||||
TOTAL CORPORATE BONDS | (Cost $4,720,382) | 4,658,691 | 35.1 | |||||||||||||
GOVERNMENT BONDS | ||||||||||||||||
AGENCY SECURITIES | ||||||||||||||||
$180,990,000 | Private Export Funding Corp (PEFCO) | 1.375%–5.450%, 07/15/16–11/15/22 | 185,210 | 1.4 | ||||||||||||
Other | 84,268 | 0.5 | ||||||||||||||
269,478 | 1.9 | |||||||||||||||
FOREIGN GOVERNMENT BONDS | 649,249 | 4.9 | ||||||||||||||
MORTGAGE BACKED | ||||||||||||||||
86,304,585 | Federal Home Loan Mortgage Corp (FHLMC) | 3.500%, 10/01/45 | 89,132 | 0.7 | ||||||||||||
56,000,000 | h | Federal Home Loan Mortgage Corp Gold (FGLMC) | 3.000%, 01/15/31 | 57,696 | 0.4 | |||||||||||
107,000,000 | h | FGLMC | 4.000%, 01/15/46 | 113,006 | 0.9 | |||||||||||
230,567,762 | FGLMC | 3.500%–8.000%, 12/01/16–01/15/46 | 245,113 | 1.8 | ||||||||||||
50,000,000 | h | Federal National Mortgage Association (FNMA) | 3.000%, 01/25/31 | 51,498 | 0.4 | |||||||||||
59,000,000 | h | FNMA | 2.500%, 02/25/31 | 59,345 | 0.4 | |||||||||||
58,000,000 | h | FNMA | 3.000%, 02/25/46 | 57,864 | 0.4 | |||||||||||
55,723,792 | FNMA | 4.000%, 01/01/45 | 59,658 | 0.5 | ||||||||||||
75,000,000 | h | FNMA | 3.000%, 01/25/46 | 74,974 | 0.6 | |||||||||||
89,000,000 | h | FNMA | 3.500%, 01/25/46 | 91,794 | 0.7 | |||||||||||
54,000,000 | h | FNMA | 4.000%, 01/25/46 | 57,127 | 0.4 | |||||||||||
61,000,000 | h | FNMA | 4.500%, 02/25/46 | 65,761 | 0.5 | |||||||||||
88,000,000 | h | FNMA | 3.500%, 03/25/46 | 90,344 | 0.7 | |||||||||||
61,000,000 | h | FNMA | 4.000%, 03/25/46 | 64,260 | 0.5 | |||||||||||
1,095,999,504 | FNMA | 0.772%–9.000%, 04/01/16–02/25/46 | 1,129,138 | 8.5 | ||||||||||||
51,924,893 | Government National Mortgage Association (GNMA) | 4.000%, 06/15/45 | 55,204 | 0.4 | ||||||||||||
61,000,000 | h | GNMA | 3.000%, 01/20/46 | 61,805 | 0.5 | |||||||||||
100,000,000 | h | GNMA | 3.500%, 01/20/46 | 104,211 | 0.8 | |||||||||||
319,286,938 | GNMA | 2.176%–9.500%, 06/15/16–03/20/46 | 298,152 | 2.2 |
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 51 |
Summary portfolio of investments | continued |
CREF Bond Market Account ■ December 31, 2015
Principal | Issuer | Value (000) | % of net assets | |||||||||||||
MORTGAGE BACKED—continued | ||||||||||||||||
Other | $ | 73,228 | 0.6 | % | ||||||||||||
2,899,310 | 21.9 | |||||||||||||||
MUNICIPAL BONDS | ||||||||||||||||
$170,300,000 | State of Illinois | 0.750%–5.463%, 06/15/16–04/01/28 | 165,863 | 1.3 | ||||||||||||
Other | 185,048 | 1.4 | ||||||||||||||
350,911 | 2.7 | |||||||||||||||
U.S. TREASURY SECURITIES | ||||||||||||||||
49,175,000 | United States Treasury Bond | 5.250%, 02/15/29 | 64,431 | 0.5 | ||||||||||||
100,686,000 | United States Treasury Bond | 5.375%, 02/15/31 | 136,512 | 1.0 | ||||||||||||
65,602,000 | United States Treasury Bond | 4.500%, 02/15/36 | 83,960 | 0.6 | ||||||||||||
56,375,000 | United States Treasury Bond | 3.625%, 08/15/43 | 63,367 | 0.5 | ||||||||||||
130,330,000 | United States Treasury Bond | 2.875%, 08/15/45 | 126,334 | 1.0 | ||||||||||||
106,000,000 | United States Treasury Bond | 3.000%, 11/15/45 | 105,482 | 0.8 | ||||||||||||
142,834,000 | United States Treasury Bond | 3.000%–6.375%, 08/15/27–05/15/45 | 168,196 | 1.3 | ||||||||||||
99,210,000 | United States Treasury Note | 0.625%, 07/31/17 | 98,659 | 0.7 | ||||||||||||
209,865,000 | United States Treasury Note | 0.875%, 07/15/18 | 207,992 | 1.6 | ||||||||||||
145,487,000 | United States Treasury Note | 1.625%, 07/31/20 | 144,829 | 1.1 | ||||||||||||
56,188,300 | United States Treasury Note | 1.625%, 11/30/20 | 55,870 | 0.4 | ||||||||||||
133,872,000 | United States Treasury Note | 8.000%, 11/15/21 | 178,869 | 1.3 | ||||||||||||
73,000,000 | United States Treasury Note | 1.750%, 02/28/22 | 71,972 | 0.5 | ||||||||||||
63,000,000 | United States Treasury Note | 2.000%, 07/31/22 | 62,835 | 0.5 | ||||||||||||
106,110,000 | United States Treasury Note | 1.875%, 08/31/22 | 104,893 | 0.8 | ||||||||||||
130,965,000 | United States Treasury Note | 1.750%, 09/30/22 | 128,369 | 1.0 | ||||||||||||
63,302,300 | United States Treasury Note | 2.250%, 11/15/25 | 63,161 | 0.5 | ||||||||||||
329,366,900 | United States Treasury Note | 0.375%–3.125%, 03/15/16–06/30/22 | 329,684 | 2.5 | ||||||||||||
2,195,415 | 16.6 | |||||||||||||||
TOTAL GOVERNMENT BONDS | (Cost $6,330,747) | 6,364,363 | 48.0 | |||||||||||||
STRUCTURED ASSETS | ||||||||||||||||
ASSET BACKED | ||||||||||||||||
71,329,819 | g | Domino’s Pizza Master Issuer LLC | ||||||||||||||
Series - 2012 1A (Class A2) | 5.216%, 01/25/42 | 73,382 | 0.5 | |||||||||||||
79,872,000 | Santander Drive Auto Receivables Trust | |||||||||||||||
Series - 2013 5 (Class C) | 2.250%, 06/17/19 | 80,155 | 0.6 | |||||||||||||
52,250,000 | Santander Drive Auto Receivables Trust | |||||||||||||||
Series - 2014 2 (Class B) | 1.620%, 02/15/19 | 52,255 | 0.4 | |||||||||||||
88,631,262 | g | SpringCastle America Funding LLC | ||||||||||||||
Series - 2014 AA (Class A) | 2.700%, 05/25/23 | 88,432 | 0.7 | |||||||||||||
Other | 502,658 | 3.8 | ||||||||||||||
796,882 | 6.0 | |||||||||||||||
OTHER MORTGAGE BACKED | ||||||||||||||||
88,795,000 | g | Wachovia Bank Commercial Mortgage Trust | 5.703%, 06/15/49 | 92,511 | 0.7 | |||||||||||
Series - 2007 C32 (Class AMFX) | ||||||||||||||||
Other | 906,859 | 6.8 | ||||||||||||||
999,370 | 7.5 | |||||||||||||||
TOTAL STRUCTURED ASSETS | (Cost $1,810,402) | 1,796,252 | 13.5 | |||||||||||||
TOTAL BONDS | (Cost $12,861,531) | 12,819,306 | 96.6 |
52 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments | concluded |
CREF Bond Market Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||||||
PREFERRED STOCKS | ||||||||||||||||
BANKS | $ | 6,945 | 0.1 | % | ||||||||||||
TOTAL PREFERRED STOCKS | (Cost $49,941) | 6,945 | 0.1 | |||||||||||||
Principal | Issuer | |||||||||||||||
SHORT-TERM INVESTMENTS | ||||||||||||||||
GOVERNMENT AGENCY DEBT | ||||||||||||||||
$50,000,000 | Federal Home Loan Bank (FHLB) | 0.130%, 01/11/16 | 49,999 | 0.4 | ||||||||||||
73,000,000 | w | FHLB | 0.170%–0.210%, 01/25/16 | 72,994 | 0.5 | |||||||||||
50,000,000 | FHLB | 0.335%, 02/10/16 | 49,987 | 0.4 | ||||||||||||
50,000,000 | FHLB | 0.400%, 02/16/16 | 49,985 | 0.4 | ||||||||||||
100,000,000 | FHLB | 0.430%, 02/22/16 | 99,966 | 0.8 | ||||||||||||
50,000,000 | FHLB | 0.250%, 02/24/16 | 49,982 | 0.4 | ||||||||||||
317,700,000 | FHLB | 0.105%–0.451%, 01/04/16–04/04/16 | 317,605 | 2.4 | ||||||||||||
Other | 71,812 | 0.5 | ||||||||||||||
762,330 | 5.8 | |||||||||||||||
TREASURY DEBT | ||||||||||||||||
90,000,000 | United States Treasury Bill | 0.102%, 02/11/16 | 89,987 | 0.7 | ||||||||||||
50,000,000 | w | United States Treasury Bill | 0.176%, 04/21/16 | 49,969 | 0.4 | |||||||||||
100,000,000 | w | United States Treasury Bill | 0.211%–0.217%, 04/28/16 | 99,916 | 0.8 | |||||||||||
100,000,000 | w | United States Treasury Bill | 0.200%, 05/26/16 | 99,846 | 0.7 | |||||||||||
50,000,000 | w | United States Treasury Bill | 0.398%, 06/09/16 | 49,902 | 0.4 | |||||||||||
100,000,000 | w | United States Treasury Bill | 0.241%–0.251%, 06/23/16 | 99,778 | 0.7 | |||||||||||
187,000,000 | United States Treasury Bill | 0.113%–-0.176%, 01/07/16–03/17/16 | 136,987 | 1.0 | ||||||||||||
626,385 | 4.7 | |||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | (Cost $1,388,811) | 1,388,715 | 10.5 | |||||||||||||
TOTAL PORTFOLIO | (Cost $14,404,883) | 14,317,628 | 108.0 | |||||||||||||
OTHER ASSETS & LIABILITIES, NET | (1,056,550 | ) | (8.0 | ) | ||||||||||||
NET ASSETS | $ | 13,261,078 | 100.0 | % |
g | Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/15, the aggregate value of these securities, including those in “Other,” is $1,856,482,000, or 14.0% of net assets. |
h | All or a portion of these securities were purchased on a delayed delivery basis. |
w | All or a portion of these securities have been segregated by the custodian to cover collateral requirements on mortgage dollar rolls. |
“Other” securities represent the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets.
Cost amounts are in thousands.
For ease of presentation, a number of classification categories have been grouped together in the Summary portfolio of investments. Note that the Account uses more specific categories in following its investment limitations on investment concentrations.
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 53 |
Portfolio of investments
CREF Inflation-Linked Bond Account ■ December 31, 2015
Principal | Issuer | Value (000) | % of net assets | |||||||||||||
GOVERNMENT BONDS | ||||||||||||||||
AGENCY SECURITIES | ||||||||||||||||
$3,500,000 | Private Export Funding Corp (PEFCO) | 2.300%, 09/15/20 | $ | 3,522 | 0.1 | % | ||||||||||
3,000,000 | PEFCO | 3.250%, 06/15/25 | 3,080 | 0.0 | ||||||||||||
3,500,000 | Ukraine Government AID Bonds | 1.847%, 05/29/20 | 3,486 | 0.1 | ||||||||||||
10,088 | 0.2 | |||||||||||||||
MORTGAGE BACKED | ||||||||||||||||
14,254,404 | Government National Mortgage Association (GNMA) | 3.650%, 02/15/32 | 15,089 | 0.2 | ||||||||||||
15,089 | 0.2 | |||||||||||||||
U.S. TREASURY SECURITIES | ||||||||||||||||
11,000,000 | United States Treasury Bond | 2.875%, 08/15/45 | 10,663 | 0.2 | ||||||||||||
109,693,531 | k | United States Treasury Inflation Indexed Bonds | 2.375%, 01/15/17 | 112,381 | 1.7 | |||||||||||
404,121,034 | k | United States Treasury Inflation Indexed Bonds | 0.125%, 04/15/17 | 403,215 | 6.0 | |||||||||||
139,659,269 | k | United States Treasury Inflation Indexed Bonds | 2.625%, 07/15/17 | 145,828 | 2.2 | |||||||||||
147,645,765 | k | United States Treasury Inflation Indexed Bonds | 1.625%, 01/15/18 | 152,206 | 2.3 | |||||||||||
319,576,340 | k | United States Treasury Inflation Indexed Bonds | 0.125%, 04/15/18 | 318,818 | 4.8 | |||||||||||
149,561,376 | k | United States Treasury Inflation Indexed Bonds | 1.375%, 07/15/18 | 154,767 | 2.3 | |||||||||||
146,782,175 | k | United States Treasury Inflation Indexed Bonds | 2.125%, 01/15/19 | 155,232 | 2.3 | |||||||||||
226,351,690 | k | United States Treasury Inflation Indexed Bonds | 0.125%, 04/15/19 | 224,876 | 3.4 | |||||||||||
137,012,160 | k | United States Treasury Inflation Indexed Bonds | 1.875%, 07/15/19 | 145,185 | 2.2 | |||||||||||
224,701,398 | k | United States Treasury Inflation Indexed Bonds | 1.375%, 01/15/20 | 233,400 | 3.5 | |||||||||||
100,547,370 | k | United States Treasury Inflation Indexed Bonds | 0.125%, 04/15/20 | 99,193 | 1.5 | |||||||||||
290,784,012 | k | United States Treasury Inflation Indexed Bonds | 1.250%, 07/15/20 | 302,129 | 4.5 | |||||||||||
361,992,344 | k | United States Treasury Inflation Indexed Bonds | 1.125%, 01/15/21 | 372,838 | 5.6 | |||||||||||
343,806,966 | k | United States Treasury Inflation Indexed Bonds | 0.625%, 07/15/21 | 345,694 | 5.2 | |||||||||||
342,552,823 | k | United States Treasury Inflation Indexed Bonds | 0.125%, 01/15/22 | 331,558 | 5.0 | |||||||||||
400,258,620 | k | United States Treasury Inflation Indexed Bonds | 0.125%, 07/15/22 | 387,595 | 5.8 | |||||||||||
270,997,830 | k | United States Treasury Inflation Indexed Bonds | 0.125%, 01/15/23 | 259,472 | 3.9 | |||||||||||
52,123,020 | k | United States Treasury Inflation Indexed Bonds | 0.375%, 07/15/23 | 50,845 | 0.8 | |||||||||||
77,723,913 | k | United States Treasury Inflation Indexed Bonds | 0.625%, 01/15/24 | 76,726 | 1.1 | |||||||||||
70,116,900 | k | United States Treasury Inflation Indexed Bonds | 0.125%, 07/15/24 | 66,483 | 1.0 | |||||||||||
58,241,860 | k | United States Treasury Inflation Indexed Bonds | 0.250%, 01/15/25 | 55,497 | 0.8 | |||||||||||
224,294,013 | k | United States Treasury Inflation Indexed Bonds | 2.375%, 01/15/25 | 254,590 | 3.8 | |||||||||||
27,580,850 | k | United States Treasury Inflation Indexed Bonds | 0.375%, 07/15/25 | 26,657 | 0.4 | |||||||||||
213,692,197 | k | United States Treasury Inflation Indexed Bonds | 2.000%, 01/15/26 | 237,007 | 3.6 | |||||||||||
160,632,918 | k | United States Treasury Inflation Indexed Bonds | 2.375%, 01/15/27 | 185,363 | 2.8 | |||||||||||
198,563,970 | k | United States Treasury Inflation Indexed Bonds | 1.750%, 01/15/28 | 216,535 | 3.2 | |||||||||||
139,736,163 | k | United States Treasury Inflation Indexed Bonds | 3.625%, 04/15/28 | 182,331 | 2.7 | |||||||||||
180,458,991 | k | United States Treasury Inflation Indexed Bonds | 2.500%, 01/15/29 | 213,351 | 3.2 | |||||||||||
169,403,470 | k | United States Treasury Inflation Indexed Bonds | 3.875%, 04/15/29 | 229,687 | 3.4 | |||||||||||
42,556,812 | k | United States Treasury Inflation Indexed Bonds | 3.375%, 04/15/32 | 57,446 | 0.9 | |||||||||||
79,944,787 | k | United States Treasury Inflation Indexed Bonds | 2.125%, 02/15/40 | 93,803 | 1.4 | |||||||||||
75,373,952 | k | United States Treasury Inflation Indexed Bonds | 2.125%, 02/15/41 | 88,930 | 1.3 | |||||||||||
213,989,514 | k | United States Treasury Inflation Indexed Bonds | 0.750%, 02/15/42 | 187,222 | 2.8 | |||||||||||
117,931,860 | k | United States Treasury Inflation Indexed Bonds | 0.625%, 02/15/43 | 99,371 | 1.5 | |||||||||||
85,213,420 | k | United States Treasury Inflation Indexed Bonds | 1.375%, 02/15/44 | 86,370 | 1.3 | |||||||||||
15,150,300 | k | United States Treasury Inflation Indexed Bonds | 0.750%, 02/15/45 | 13,153 | 0.2 | |||||||||||
15,000,000 | United States Treasury Note | 1.625%, 06/30/20 | 14,942 | 0.1 | ||||||||||||
6,591,359 | 98.7 | |||||||||||||||
TOTAL GOVERNMENT BONDS | (Cost $6,461,845) | 6,616,536 | 99.1 |
54 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Portfolio of investments | concluded |
CREF Inflation-Linked Bond Account ■ December 31, 2015
Principal | Issuer | Value (000) | % of net assets | |||||||||||||
SHORT-TERM INVESTMENTS | ||||||||||||||||
GOVERNMENT AGENCY DEBT | ||||||||||||||||
$20,000,000 | Federal Home Loan Bank (FHLB) | 0.100%, 01/20/16 | $ | 19,999 | 0.3 | % | ||||||||||
19,999 | 0.3 | |||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | (Cost $19,999) | 19,999 | 0.3 | |||||||||||||
TOTAL PORTFOLIO | (Cost $6,481,844) | 6,636,535 | 99.4 | |||||||||||||
OTHER ASSETS & LIABILITIES, NET | 36,831 | 0.6 | ||||||||||||||
NET ASSETS | $ | 6,673,366 | 100.0 | % |
k | Principal amount for interest accrual purposes is periodically adjusted based on changes in the Consumer Price Index. |
Cost amounts are in thousands.
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 55 |
Summary portfolio of investments
CREF Social Choice Account ■ December 31, 2015
Principal | Issuer | Value (000) | % of net assets | |||||||||||||
BANK LOAN OBLIGATIONS | ||||||||||||||||
ENERGY | $ | 16,352 | 0.1 | % | ||||||||||||
MEDIA | 3,169 | 0.0 | ||||||||||||||
UTILITIES | 24,118 | 0.2 | ||||||||||||||
TOTAL BANK LOAN OBLIGATIONS | (Cost $46,460) | 43,639 | 0.3 | |||||||||||||
BONDS | ||||||||||||||||
CORPORATE BONDS | ||||||||||||||||
AUTOMOBILES & COMPONENTS | 36,313 | 0.3 | ||||||||||||||
BANKS | ||||||||||||||||
$51,000,000 | Bank of America Corp | 1.950%, 05/12/18 | 50,710 | 0.4 | ||||||||||||
43,000,000 | g | ING Bank NV | 2.000%, 11/26/18 | 42,829 | 0.3 | |||||||||||
Other | 275,467 | 2.1 | ||||||||||||||
369,006 | 2.8 | |||||||||||||||
CAPITAL GOODS | 64,943 | 0.5 | ||||||||||||||
COMMERCIAL & PROFESSIONAL SERVICES | 26,917 | 0.2 | ||||||||||||||
CONSUMER DURABLES & APPAREL | 2,876 | 0.0 | ||||||||||||||
CONSUMER SERVICES | 63,375 | 0.5 | ||||||||||||||
DIVERSIFIED FINANCIALS | ||||||||||||||||
45,500,000 | Morgan Stanley | 2.200%, 12/07/18 | 45,529 | 0.3 | ||||||||||||
Other | 85,978 | 0.7 | ||||||||||||||
131,507 | 1.0 | |||||||||||||||
ENERGY | 118,611 | 0.9 | ||||||||||||||
FOOD & STAPLES RETAILING | 1,436 | 0.0 | ||||||||||||||
FOOD, BEVERAGE & TOBACCO | 16,981 | 0.1 | ||||||||||||||
HEALTH CARE EQUIPMENT & SERVICES | 26,703 | 0.2 | ||||||||||||||
INSURANCE | 55,591 | 0.4 | ||||||||||||||
MATERIALS | 75,590 | 0.6 | ||||||||||||||
MEDIA | 28,344 | 0.2 | ||||||||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 28,414 | 0.2 | ||||||||||||||
REAL ESTATE | 66,009 | 0.5 | ||||||||||||||
TECHNOLOGY HARDWARE & EQUIPMENT | 19,527 | 0.1 | ||||||||||||||
TELECOMMUNICATION SERVICES | 9,390 | 0.1 | ||||||||||||||
TRANSPORTATION | 123,512 | 1.0 | ||||||||||||||
UTILITIES | 357,549 | 2.7 | ||||||||||||||
TOTAL CORPORATE BONDS | (Cost $1,643,632) | 1,622,594 | 12.3 |
56 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments | continued |
CREF Social Choice Account ■ December 31, 2015
Principal | Issuer | Value (000) | % of net assets | |||||||||||||
GOVERNMENT BONDS | ||||||||||||||||
AGENCY SECURITIES | ||||||||||||||||
$177,729,390 | Overseas Private Investment | |||||||||||||||
Corp (OPIC) | 0.000%–4.440%, 04/30/17–07/31/33 | $ | 182,451 | 1.4 | % | |||||||||||
Other | 412,227 | 2.9 | ||||||||||||||
594,678 | 4.3 | |||||||||||||||
FOREIGN GOVERNMENT BONDS | ||||||||||||||||
45,000,000 | Inter-American Development Bank | 1.185%, 07/09/18 | 44,840 | 0.3 | ||||||||||||
68,200,000 | KFW | 1.875%, 11/30/20 | 67,893 | 0.5 | ||||||||||||
Other | 521,114 | 3.9 | ||||||||||||||
633,847 | 4.7 | |||||||||||||||
MORTGAGE BACKED | ||||||||||||||||
40,000,000 | h | Federal National Mortgage Association (FNMA) | 3.500%, 01/25/46 | 41,256 | 0.3 | |||||||||||
610,004,692 | FNMA | 0.772%–8.000%, 03/01/23–03/25/46 | 635,741 | 4.8 | ||||||||||||
45,000,000 | h | Government National Mortgage Association (GNMA) | 3.500%, 01/20/46 | 46,895 | 0.3 | |||||||||||
221,847,314 | GNMA | 2.300%–9.000%, 12/15/17–03/20/46 | 214,174 | 1.6 | ||||||||||||
Other | 175,665 | 1.3 | ||||||||||||||
1,113,731 | 8.3 | |||||||||||||||
MUNICIPAL BONDS | ||||||||||||||||
38,830,000 | State of California | 3.750%, 10/01/37 | 40,145 | 0.3 | ||||||||||||
Other | 462,283 | 3.5 | ||||||||||||||
502,428 | 3.8 | |||||||||||||||
U.S. TREASURY SECURITIES | ||||||||||||||||
50,000,000 | United States Treasury Bond | 2.875%, 05/15/43 | 48,649 | 0.4 | ||||||||||||
68,310,000 | United States Treasury Bond | 2.875%, 08/15/45 | 66,216 | 0.5 | ||||||||||||
85,860,400 | United States Treasury Note | 2.250%, 11/15/25 | 85,668 | 0.6 | ||||||||||||
Other | 97,486 | 0.7 | ||||||||||||||
298,019 | 2.2 | |||||||||||||||
TOTAL GOVERNMENT BONDS | (Cost $3,105,197) | 3,142,703 | 23.3 | |||||||||||||
STRUCTURED ASSETS | ||||||||||||||||
ASSET BACKED | 197,098 | 1.5 | ||||||||||||||
OTHER MORTGAGE BACKED | 252,653 | 1.9 | ||||||||||||||
TOTAL STRUCTURED ASSETS | (Cost $454,422) | 449,751 | 3.4 | |||||||||||||
TOTAL BONDS | (Cost $5,203,251) | 5,215,048 | 39.0 | |||||||||||||
Shares | Company | |||||||||||||||
COMMON STOCKS | ||||||||||||||||
AUTOMOBILES & COMPONENTS | 225,450 | 1.7 | ||||||||||||||
BANKS | ||||||||||||||||
993,473 | US Bancorp | 42,391 | 0.3 | |||||||||||||
Other | 500,605 | 3.8 | ||||||||||||||
542,996 | 4.1 |
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 57 |
Summary portfolio of investments | continued |
CREF Social Choice Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||||||
CAPITAL GOODS | ||||||||||||||||
333,306 | 3M Co | $ | 50,210 | 0.4 | % | |||||||||||
441,807 | Danaher Corp | 41,035 | 0.3 | |||||||||||||
Other | 450,042 | 3.4 | ||||||||||||||
541,287 | 4.1 | |||||||||||||||
COMMERCIAL & PROFESSIONAL SERVICES | 57,307 | 0.4 | ||||||||||||||
CONSUMER DURABLES & APPAREL | ||||||||||||||||
756,504 | Nike, Inc (Class B) | 47,282 | 0.4 | |||||||||||||
Other | 89,037 | 0.7 | ||||||||||||||
136,319 | 1.1 | |||||||||||||||
CONSUMER SERVICES | ||||||||||||||||
469,441 | McDonald’s Corp | 55,460 | 0.4 | |||||||||||||
827,813 | Starbucks Corp | 49,693 | 0.4 | |||||||||||||
Other | 89,426 | 0.7 | ||||||||||||||
194,579 | 1.5 | |||||||||||||||
DIVERSIFIED FINANCIALS | 446,290 | 3.3 | ||||||||||||||
ENERGY | 486,426 | 3.6 | ||||||||||||||
FOOD & STAPLES RETAILING | 118,666 | 0.9 | ||||||||||||||
FOOD, BEVERAGE & TOBACCO | ||||||||||||||||
1,015,822 | Mondelez International, Inc | 45,549 | 0.3 | |||||||||||||
645,075 | PepsiCo, Inc | 64,456 | 0.5 | |||||||||||||
Other | 224,474 | 1.7 | ||||||||||||||
334,479 | 2.5 | |||||||||||||||
HEALTH CARE EQUIPMENT & SERVICES | 286,169 | 2.2 | ||||||||||||||
HOUSEHOLD & PERSONAL PRODUCTS | ||||||||||||||||
1,021,154 | Procter & Gamble Co | 81,090 | 0.6 | |||||||||||||
Other | 123,997 | 0.9 | ||||||||||||||
205,087 | 1.5 | |||||||||||||||
INSURANCE | ||||||||||||||||
649,806 | * | Berkshire Hathaway, Inc (Class B) | 85,800 | 0.6 | ||||||||||||
Other | 387,166 | 2.9 | ||||||||||||||
472,966 | 3.5 | |||||||||||||||
MATERIALS | 378,155 | 2.8 | ||||||||||||||
MEDIA | ||||||||||||||||
666,249 | Walt Disney Co | 70,009 | 0.5 | |||||||||||||
Other | 160,144 | 1.2 | ||||||||||||||
230,153 | 1.7 |
58 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments | continued |
CREF Social Choice Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | ||||||||||||||||
358,605 | Amgen, Inc | $ | 58,212 | 0.4 | % | |||||||||||
813,363 | Bristol-Myers Squibb Co | 55,951 | 0.4 | |||||||||||||
382,305 | * | Celgene Corp | 45,785 | 0.3 | ||||||||||||
620,886 | Gilead Sciences, Inc | 62,828 | 0.5 | |||||||||||||
932,726 | Johnson & Johnson | 95,810 | 0.7 | |||||||||||||
1,158,448 | Merck & Co, Inc | 61,189 | 0.5 | |||||||||||||
534,790 | Novartis AG. | 46,002 | 0.4 | |||||||||||||
167,261 | Roche Holding AG. | 46,349 | 0.4 | |||||||||||||
Other | 362,469 | 2.7 | ||||||||||||||
834,595 | 6.3 | |||||||||||||||
REAL ESTATE | ||||||||||||||||
211,063 | Simon Property Group, Inc | 41,039 | 0.3 | |||||||||||||
Other | 308,685 | 2.3 | ||||||||||||||
349,724 | 2.6 | |||||||||||||||
RETAILING | ||||||||||||||||
599,108 | Lowe’s Companies, Inc | 45,556 | 0.4 | |||||||||||||
Other | 190,911 | 1.4 | ||||||||||||||
236,467 | 1.8 | |||||||||||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | ||||||||||||||||
1,976,101 | Intel Corp | 68,077 | 0.5 | |||||||||||||
741,679 | Texas Instruments, Inc | 40,651 | 0.3 | |||||||||||||
Other | 66,123 | 0.5 | ||||||||||||||
174,851 | 1.3 | |||||||||||||||
SOFTWARE & SERVICES | ||||||||||||||||
416,030 | Accenture plc | 43,475 | 0.3 | |||||||||||||
97,031 | * | Alphabet, Inc (Class A) | 75,491 | 0.6 | ||||||||||||
98,994 | * | Alphabet, Inc (Class C) | 75,125 | 0.6 | ||||||||||||
403,104 | International Business Machines Corp | 55,475 | 0.4 | |||||||||||||
524,496 | Mastercard, Inc (Class A) | 51,065 | 0.4 | |||||||||||||
1,514,138 | Oracle Corp | 55,311 | 0.4 | |||||||||||||
Other | 338,740 | 2.5 | ||||||||||||||
694,682 | 5.2 | |||||||||||||||
TECHNOLOGY HARDWARE & EQUIPMENT | ||||||||||||||||
2,272,014 | Cisco Systems, Inc | 61,697 | 0.5 | |||||||||||||
844,574 | Qualcomm, Inc | 42,216 | 0.3 | |||||||||||||
Other | 157,867 | 1.2 | ||||||||||||||
261,780 | 2.0 | |||||||||||||||
TELECOMMUNICATION SERVICES | ||||||||||||||||
1,613,520 | Verizon Communications, Inc | 74,577 | 0.6 | |||||||||||||
Other | 149,838 | 1.1 | ||||||||||||||
224,415 | 1.7 |
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 59 |
Summary portfolio of investments | continued |
CREF Social Choice Account ■ December 31, 2015
Shares | Company | Value (000) | % of net assets | |||||||||||||
TRANSPORTATION | ||||||||||||||||
449,579 | United Parcel Service, Inc (Class B) | $ | 43,263 | 0.3 | % | |||||||||||
Other | 200,044 | 1.5 | ||||||||||||||
243,307 | 1.8 | |||||||||||||||
UTILITIES | 276,677 | 2.1 | ||||||||||||||
TOTAL COMMON STOCKS | (Cost $6,226,009) | 7,952,827 | 59.7 | |||||||||||||
PREFERRED STOCKS | ||||||||||||||||
BANKS | 18,857 | 0.1 | ||||||||||||||
TOTAL PREFERRED STOCKS | (Cost $38,865) | 18,857 | 0.1 | |||||||||||||
RIGHTS / WARRANTS | ||||||||||||||||
ENERGY | 481 | 0.0 | ||||||||||||||
TOTAL RIGHTS / WARRANTS | (Cost $488) | 481 | 0.0 | |||||||||||||
Principal | Issuer | |||||||||||||||
SHORT-TERM INVESTMENTS | ||||||||||||||||
GOVERNMENT AGENCY DEBT | ||||||||||||||||
$50,000,000 | w | Federal Home Loan Bank (FHLB) | 0.175%, 02/23/16 | 49,983 | 0.4 | |||||||||||
50,000,000 | FHLB | 0.471%, 03/08/16 | 49,973 | 0.4 | ||||||||||||
50,000,000 | w | Federal Home Loan Mortgage Corp (FHLMC) | 0.160%, 02/10/16 | 49,987 | 0.4 | |||||||||||
Other | 227,681 | 1.6 | ||||||||||||||
377,624 | 2.8 | |||||||||||||||
TREASURY DEBT | ||||||||||||||||
80,000,000 | United States Treasury Bill | 0.141%, 03/24/16 | 79,968 | 0.6 | ||||||||||||
41,000,000 | United States Treasury Bill | 0.212%, 04/28/16 | 40,966 | 0.3 | ||||||||||||
Other | 17,000 | 0.1 | ||||||||||||||
137,934 | 1.0 | |||||||||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | ||||||||||||||||
GOVERNMENT AGENCY DEBT | 173,671 | 1.3 | ||||||||||||||
TREASURY DEBT | ||||||||||||||||
50,000,000 | United States Treasury Bill | 0.190%, 04/21/16 | 49,971 | 0.4 | ||||||||||||
Other | 51,970 | 0.4 | ||||||||||||||
101,941 | 0.8 | |||||||||||||||
TOTAL INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | 275,612 | 2.1 | ||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | (Cost $791,178) | 791,170 | 5.9 | |||||||||||||
TOTAL PORTFOLIO | (Cost $12,306,251) | 14,022,022 | 105.0 | |||||||||||||
OTHER ASSETS & LIABILITIES, NET | (668,070 | ) | (5.0 | ) | ||||||||||||
NET ASSETS | $ | 13,353,952 | 100.0 | % |
60 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments | concluded |
CREF Social Choice Account ■ December 31, 2015
* | Non-income producing |
g | Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/15, the aggregate value of these securities, including those in “Other,” is $695,045,000, or 5.2% of net assets. |
h | All or a portion of these securities were purchased on a delayed delivery basis. |
w | All or a portion of these securities have been segregated by the custodian to cover collateral requirements on mortgage dollar rolls. |
“Other” securities represent the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets.
At 12/31/15, the aggregate value of securities on loan is $288,127,000.
Cost amounts are in thousands.
For ease of presentation, a number of classification categories have been grouped together in the Summary portfolio of investments. Note that the Account uses more specific categories in following its investment limitations on investment concentrations.
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 61 |
Summary portfolio of investments
CREF Money Market Account ■ December 31, 2015
Principal | Issuer | Value (000) | % of net assets | |||||||||||||
SHORT-TERM INVESTMENTS | ||||||||||||||||
CERTIFICATE OF DEPOSIT | ||||||||||||||||
$182,000,000 | Banco Del Estado De Chile | 0.260%–0.600%, 01/08/16–03/21/16 | $ | 182,000 | 1.6 | % | ||||||||||
125,000,000 | Toronto-Dominion Bank | 0.010%–0.430%, 01/04/16–03/07/16 | 125,000 | 1.1 | ||||||||||||
307,000 | 2.7 | |||||||||||||||
COMMERCIAL PAPER | ||||||||||||||||
268,860,000 | y | Apple, Inc | 0.150%–0.390%, 01/04/16–02/25/16 | 268,823 | 2.4 | |||||||||||
180,698,000 | y | Australia & New Zealand Banking Group Ltd | 0.285%–0.640%, 02/12/16–03/23/16 | 180,572 | 1.6 | |||||||||||
107,585,000 | y | Bedford Row Funding Corp | 0.220%–0.670%, 01/25/16–04/19/16 | 107,510 | 1.2 | |||||||||||
155,180,000 | Exxon Mobil Corp | 0.120%–0.450%, 01/08/16–02/26/16 | 155,115 | 1.4 | ||||||||||||
128,900,000 | Korea Development Bank | 0.260%–0.540%, 01/12/16–04/25/16 | 128,842 | 1.1 | ||||||||||||
187,395,000 | y | National Australia Bank Ltd | 0.225%–0.430%, 01/04/16–03/09/16 | 187,344 | 1.6 | |||||||||||
143,320,000 | y | Nestle Capital Corp | 0.220%–0.335%, 01/11/16–02/16/16 | 143,284 | 1.3 | |||||||||||
135,098,000 | y | Old Line Funding LLC | 0.290%–0.800%, 02/08/16–05/20/16 | 134,939 | 1.2 | |||||||||||
85,459,000 | Province of British Columbia Canada | 0.160%–0.250%, 01/11/16 | 85,454 | 0.7 | ||||||||||||
223,915,000 | Province of British Columbia | |||||||||||||||
Canada | 0.200%–0.530%, 01/06/16–03/11/16 | 223,840 | 2.0 | |||||||||||||
193,325,000 | Province of Ontario Canada | 0.170%–0.470%, 01/21/16–03/14/16 | 193,218 | 1.7 | ||||||||||||
234,600,000 | y | Province of Quebec Canada | 0.160%–0.460%, 01/05/16–03/22/16 | 234,525 | 2.0 | |||||||||||
239,585,000 | y | PSP Capital, Inc | 0.220%–0.500%, 01/13/16–02/22/16 | 239,526 | 2.1 | |||||||||||
176,300,000 | y | Unilever Capital Corp | 0.170%–0.470%, 01/05/16–03/04/16 | 176,243 | 1.5 | |||||||||||
Other | 1,045,182 | 9.1 | ||||||||||||||
3,504,417 | 30.9 | |||||||||||||||
GOVERNMENT AGENCY DEBT | ||||||||||||||||
67,600,000 | Federal Home Loan Bank (FHLB) | 0.090%–0.225%, 01/08/16 | 67,599 | 0.6 | ||||||||||||
59,090,000 | FHLB | 0.110%–0.150%, 01/12/16 | 59,088 | 0.5 | ||||||||||||
100,100,000 | FHLB | 0.110%–0.210%, 01/15/16 | 100,094 | 0.9 | ||||||||||||
153,081,000 | FHLB | 0.110%–0.310%, 01/22/16 | 153,067 | 1.3 | ||||||||||||
68,000,000 | FHLB | 0.150%–0.305%, 01/25/16 | 67,991 | 0.6 | ||||||||||||
105,695,000 | FHLB | 0.130%–0.170%, 01/26/16 | 105,683 | 0.9 | ||||||||||||
95,869,000 | FHLB | 0.122%–0.340%, 01/27/16 | 95,858 | 0.8 | ||||||||||||
59,600,000 | FHLB | 0.165%–0.320%, 01/28/16 | 59,591 | 0.5 | ||||||||||||
144,000,000 | FHLB | 0.138%–0.140%, 01/29/16 | 143,984 | 1.3 | ||||||||||||
130,000,000 | FHLB | 0.145%–0.345%, 02/03/16 | 129,976 | 1.1 | ||||||||||||
82,350,000 | FHLB | 0.195%–0.230%, 02/05/16 | 82,334 | 0.7 | ||||||||||||
62,255,000 | FHLB | 0.190%–0.335%, 02/10/16 | 62,237 | 0.5 | ||||||||||||
111,795,000 | FHLB | 0.280%–0.420%, 02/16/16 | 111,746 | 1.0 | ||||||||||||
118,261,000 | FHLB | 0.230%–0.368%, 02/17/16 | 118,218 | 1.0 | ||||||||||||
94,595,000 | FHLB | 0.233%–0.390%, 02/19/16 | 94,557 | 0.8 | ||||||||||||
110,650,000 | FHLB | 0.245%–0.350%, 02/24/16 | 110,605 | 1.0 | ||||||||||||
100,729,000 | FHLB | 0.240%–0.300%, 02/26/16 | 100,684 | 0.9 | ||||||||||||
59,000,000 | FHLB | 0.300%–0.315%, 03/02/16 | 58,970 | 0.5 | ||||||||||||
90,785,000 | FHLB | 0.320%–0.470%, 03/09/16 | 90,719 | 0.8 | ||||||||||||
152,000,000 | FHLB | 0.350%–0.460%, 03/30/16 | 151,851 | 1.3 | ||||||||||||
922,455,000 | FHLB | 0.110%–0.670%, 01/04/16–06/13/16 | 921,999 | 8.1 | ||||||||||||
67,725,000 | Federal Home Loan Mortgage Corp (FHLMC) | 0.440%–0.450%, 04/08/16 | 67,643 | 0.6 |
62 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
Summary portfolio of investments | continued |
CREF Money Market Account ■ December 31, 2015
Principal | Issuer | Value (000) | % of net assets | |||||||||||||
GOVERNMENT AGENCY DEBT—continued | ||||||||||||||||
$362,065,000 | FHLMC | 0.110%–0.590%, 01/14/16–10/19/16 | $ | 361,781 | 3.2 | % | ||||||||||
77,800,000 | Federal National Mortgage Association (FNMA) | 0.340%, 04/14/16 | 77,724 | 0.7 | ||||||||||||
312,388,000 | FNMA | 0.110%–0.650%, 01/04/16–06/08/16 | 312,157 | 2.7 | ||||||||||||
Other | 89,837 | 0.8 | ||||||||||||||
3,795,993 | 33.1 | |||||||||||||||
TREASURY DEBT | ||||||||||||||||
80,000,000 | United States Treasury Bill | 0.050%–0.150%, 01/07/16 | 79,999 | 0.7 | ||||||||||||
100,000,000 | United States Treasury Bill | 0.071%–0.192%, 01/14/16 | 99,996 | 0.9 | ||||||||||||
62,055,000 | United States Treasury Bill | 0.112%–0.218%, 02/04/16 | 62,044 | 0.5 | ||||||||||||
90,000,000 | United States Treasury Bill | 0.085%–0.229%, 02/11/16 | 89,984 | 0.8 | ||||||||||||
80,000,000 | United States Treasury Bill | 0.032%–0.184%, 02/18/16 | 79,989 | 0.7 | ||||||||||||
74,355,000 | United States Treasury Bill | 0.163%–0.233%, 02/25/16 | 74,333 | 0.7 | ||||||||||||
65,000,000 | United States Treasury Bill | 0.200%–0.249%, 03/03/16 | 64,975 | 0.6 | ||||||||||||
85,000,000 | United States Treasury Bill | 0.111%–0.121%, 04/21/16 | 84,970 | 0.7 | ||||||||||||
355,105,000 | United States Treasury Bill | 0.045%–0.476%, 01/21/16–08/18/16 | 354,857 | 3.1 | ||||||||||||
100,000,000 | United States Treasury Note | 0.375%, 01/15/16 | 100,007 | 0.9 | ||||||||||||
120,000,000 | United States Treasury Note | 0.250%, 02/29/16 | 120,010 | 1.1 | ||||||||||||
121,335,000 | United States Treasury Note | 0.375%, 03/15/16 | 121,371 | 1.1 | ||||||||||||
150,000,000 | United States Treasury Note | 0.375%, 03/31/16 | 150,058 | 1.3 | ||||||||||||
150,000,000 | United States Treasury Note | 0.250%, 04/15/16 | 150,022 | 1.3 | ||||||||||||
64,015,000 | United States Treasury Note | 0.375%, 05/31/16 | 64,042 | 0.6 | ||||||||||||
99,560,000 | United States Treasury Note | 0.625%, 07/15/16 | 99,709 | 0.9 | ||||||||||||
242,585,000 | United States Treasury Note | 0.250%–0.625%, 01/31/16–08/31/16 | 242,732 | 2.0 | ||||||||||||
2,039,098 | 17.9 | |||||||||||||||
VARIABLE RATE SECURITIES | ||||||||||||||||
70,000,000 | i | Federal Farm Credit Bank (FFCB) | 0.450%, 01/13/16 | 70,000 | 0.6 | |||||||||||
60,100,000 | i | FFCB | 0.500%, 02/01/16 | 60,104 | 0.5 | |||||||||||
150,000,000 | i | FFCB | 0.263%, 08/10/16 | 149,985 | 1.3 | |||||||||||
120,000,000 | i | FFCB | 0.398%, 01/24/17 | 119,994 | 1.1 | |||||||||||
64,000,000 | i | FFCB | 0.425%, 02/23/17 | 63,978 | 0.6 | |||||||||||
76,000,000 | i | FFCB | 0.243%, 03/02/17 | 76,000 | 0.7 | |||||||||||
105,000,000 | i | FFCB | 0.326%, 06/15/17 | 104,989 | 0.9 | |||||||||||
72,000,000 | i | FFCB | 0.331%, 07/17/17 | 71,993 | 0.6 | |||||||||||
413,175,000 | i | FFCB | 0.321%–0.530%, 03/29/16–08/04/17 | 413,059 | 3.6 | |||||||||||
60,000,000 | i | Federal Home Loan Bank (FHLB) | 0.229%, 02/17/17 | 59,974 | 0.5 | |||||||||||
60,000,000 | i | Federal Home Loan Mortgage Corp (FHLMC) | 0.322%, 01/13/17 | 59,994 | 0.5 | |||||||||||
78,000,000 | i | Federal National Mortgage Association (FNMA) | 0.422%, 07/20/17 | 77,913 | 0.7 | |||||||||||
94,500,000 | i | FNMA | 0.355%, 08/16/17 | 94,484 | 0.8 | |||||||||||
Other | 353,823 | 3.0 | ||||||||||||||
1,776,290 | 15.4 | |||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | (Cost $11,422,798) | 11,422,798 | 100.0 | |||||||||||||
TOTAL PORTFOLIO | (Cost $11,422,798) | 11,422,798 | 100.0 | |||||||||||||
OTHER ASSETS & LIABILITIES, NET | 1,965 | 0.0 | ||||||||||||||
NET ASSETS | $ | 11,424,763 | 100.0 | % |
See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 63 |
Summary portfolio of investments | concluded |
CREF Money Market Account ■ December 31, 2015
i | Floating or variable rate security. Coupon rate reflects the rate at period end. |
y | Security exempt from registration under Section 4(2) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration only to dealers in that program or other “accredited investors.” At 12/31/15, the aggregate value of these securities, including those in “Other,” was $2,529,897,000 or 22.1% of net assets. |
“Other” securities represent the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets.
Cost amounts are in thousands.
For ease of presentation, a number of classification categories have been grouped together in the Summary portfolio of investments. Note that the Account uses more specific categories in following its investment limitations on investment concentrations
64 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements |
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College Retirement Equities Fund ■ 2015 Annual Report | 65 |
Statements of assets and liabilities
College Retirement Equities Funds ■ December 31, 2015
(amounts in thousands, except accumulation unit value) | Stock Account | Global Equities Account | Growth Account | Equity Index Account | Bond Market Account | Inflation-Linked Bond Account | Social Choice Account | Money Market Account | |||||||||||||||||||||||||
ASSETS | |||||||||||||||||||||||||||||||||
Unaffiliated issuers*† | $ | 117,282,592 | $ | 18,988,188 | $ | 22,116,510 | $ | 16,285,067 | $ | 14,317,628 | $ | 6,636,535 | $ | 14,022,022 | $ | 11,422,798 | |||||||||||||||||
Affiliated issuers‡ | 165,438 | — | 533,631 | 572,035 | — | — | — | — | |||||||||||||||||||||||||
Total portfolio investments, at value | $ | 117,448,030 | $ | 18,988,188 | $ | 22,650,141 | $ | 16,857,102 | $ | 14,317,628 | $ | 6,636,535 | $ | 14,022,022 | $ | 11,422,798 | |||||||||||||||||
Cash **# | 155,316 | 8,955 | 4,661 | 8,296 | 105,824 | 8,847 | 51,304 | 2 | |||||||||||||||||||||||||
Cash — foreign ^ | 12,744 | 477 | — | — | — | — | 170 | — | |||||||||||||||||||||||||
Dividends and interest receivable | 162,596 | 26,167 | 12,182 | 22,639 | 82,683 | 30,384 | 45,053 | 1,693 | |||||||||||||||||||||||||
Receivable from securities transactions | 176,378 | 100,197 | 24,706 | 176 | — | — | 201 | — | |||||||||||||||||||||||||
Receivable for delayed delivery securities | — | — | — | — | 919,205 | — | 354,777 | — | |||||||||||||||||||||||||
Due from affiliates | — | — | — | — | — | — | — | 608 | |||||||||||||||||||||||||
Other | 7,253 | 1,543 | 1,541 | 1,350 | 1,307 | 1,099 | 1,390 | 1,296 | |||||||||||||||||||||||||
Total assets | 117,962,317 | 19,125,527 | 22,693,231 | 16,889,563 | 15,426,647 | 6,676,865 | 14,474,917 | 11,426,397 | |||||||||||||||||||||||||
LIABILITIES | |||||||||||||||||||||||||||||||||
Investment management fees payable | 3,108 | 538 | 182 | 140 | 226 | 124 | 464 | 66 | |||||||||||||||||||||||||
Service agreement fees payable | 2,306 | 338 | 363 | 261 | 191 | 311 | 51 | 276 | |||||||||||||||||||||||||
Payable for collateral for securities loaned | 4,587,880 | 424,198 | 533,631 | 572,035 | — | — | 297,696 | — | |||||||||||||||||||||||||
Payable for securities transactions | 185,352 | 78,692 | 24,009 | — | 44,979 | — | 23,159 | — | |||||||||||||||||||||||||
Payable for delayed delivery securities | — | — | — | — | 2,117,893 | — | 794,113 | — | |||||||||||||||||||||||||
Due to affiliates | 124,644 | 584 | 224 | 3,831 | 917 | 1,965 | 4,169 | 2 | |||||||||||||||||||||||||
Payable for variation margin on futures contracts | 896 | 1,279 | 1,137 | 44 | — | — | — | — | |||||||||||||||||||||||||
Payable for trustee compensation | 7,224 | 1,536 | 1,540 | 1,350 | 1,363 | 1,099 | 1,270 | 1,290 | |||||||||||||||||||||||||
Other | 2,746 | 12 | — | — | — | — | 43 | — | |||||||||||||||||||||||||
Total liabilities | 4,914,156 | 507,177 | 561,086 | 577,661 | 2,165,569 | 3,499 | 1,120,965 | 1,634 | |||||||||||||||||||||||||
NET ASSETS | $ | 113,048,161 | $ | 18,618,350 | $ | 22,132,145 | $ | 16,311,902 | $ | 13,261,078 | $ | 6,673,366 | $ | 13,353,952 | $ | 11,424,763 | |||||||||||||||||
CLASS R1 (Accumulation): | Net assets | $ | 14,153,246 | $ | 3,311,676 | $ | 4,173,853 | $ | 3,260,007 | $ | 2,148,899 | $ | 1,126,818 | $ | 2,289,636 | $ | 2,224,595 | ||||||||||||||||
Units outstanding | 39,162 | 24,005 | 30,550 | 20,182 | 18,892 | 17,274 | 11,913 | 87,124 | |||||||||||||||||||||||||
Unit value | $ | 361.40 | $ | 137.96 | $ | 136.62 | $ | 161.53 | $ | 113.75 | $ | 65.23 | $ | 192.20 | $ | 25.53 | |||||||||||||||||
CLASS R2 (Accumulation): | Net assets | $ | 33,974,312 | $ | 6,435,267 | $ | 7,593,942 | $ | 5,666,705 | $ | 4,598,624 | $ | 2,117,636 | $ | 4,750,215 | $ | 3,507,309 | ||||||||||||||||
Units outstanding | 93,818 | 46,555 | 55,472 | 35,012 | 40,348 | 32,398 | 24,666 | 137,360 | |||||||||||||||||||||||||
Unit value | $ | 362.13 | $ | 138.23 | $ | 136.90 | $ | 161.85 | $ | 113.97 | $ | 65.36 | $ | 192.58 | $ | 25.53 | |||||||||||||||||
CLASS R3 (Accumulation): | Net assets | $ | 53,614,284 | $ | 8,527,458 | $ | 10,026,528 | $ | 7,060,853 | $ | 6,236,731 | $ | 3,221,806 | $ | 5,983,744 | $ | 5,498,523 | ||||||||||||||||
Units outstanding | 147,951 | 61,648 | 73,192 | 43,596 | 54,683 | 49,258 | 31,050 | 215,343 | |||||||||||||||||||||||||
Unit value | $ | 362.38 | $ | 138.33 | $ | 136.99 | $ | 161.96 | $ | 114.05 | $ | 65.41 | $ | 192.71 | $ | 25.53 | |||||||||||||||||
ANNUITY: | Net assets | $ | 11,306,319 | $ | 343,949 | $ | 337,822 | $ | 324,337 | $ | 276,824 | $ | 207,106 | $ | 330,357 | $ | 194,336 | ||||||||||||||||
* Includes securities loaned of | $ | 4,384,757 | $ | 400,731 | $ | 518,588 | $ | 552,971 | $ | — | $ | — | $ | 288,127 | $ | — | |||||||||||||||||
** Includes cash collateral for securities loaned of | $ | 135,941 | $ | 1,875 | $ | — | $ | — | $ | — | $ | — | $ | 22,743 | $ | — | |||||||||||||||||
# Includes cash collateral for mortgage dollar rolls of | $ | — | $ | — | $ | — | $ | — | $ | 95,000 | $ | — | $ | 27,549 | $ | — | |||||||||||||||||
† Portfolio investments; unaffiliated issuers cost | $ | 113,738,864 | $ | 17,737,130 | $ | 17,747,058 | $ | 9,202,583 | $ | 14,404,883 | $ | 6,481,844 | $ | 12,306,251 | $ | 11,422,798 | |||||||||||||||||
‡ Portfolio investments; affiliated issuers cost | $ | 176,801 | $ | — | $ | 533,631 | $ | 572,035 | $ | — | $ | — | $ | — | $ | — | |||||||||||||||||
^ Foreign cash, cost | $ | 13,119 | $ | 477 | $ | — | $ | — | $ | — | $ | — | $ | 169 | $ | — |
66 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements | See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 67 |
College Retirement Equities Funds ■ For the period or year ended December 31, 2015
(amounts in thousands) | Stock Account | Global Equities Account | Growth Account | Equity Index Account | Bond Market Account | Inflation-Linked Bond Account | Social Choice Account | Money Market Account | |||||||||||||||||||||||||
INVESTMENT INCOME | |||||||||||||||||||||||||||||||||
Dividends: | |||||||||||||||||||||||||||||||||
Unaffiliated issuers* | $ | 2,592,060 | $ | 400,228 | $ | 264,268 | $ | 346,702 | $ | — | $ | — | $ | 185,084 | $ | — | |||||||||||||||||
Affiliated issuers | 1,788 | — | — | — | — | — | — | — | |||||||||||||||||||||||||
Income from securities lending | 80,941 | 9,733 | 4,393 | 6,977 | — | — | 3,973 | — | |||||||||||||||||||||||||
Interest | 354 | 114 | 122 | 5 | 354,505 | 66,985 | 141,935 | 17,923 | |||||||||||||||||||||||||
Other | — | — | — | — | 129 | — | — | — | |||||||||||||||||||||||||
Total income | 2,675,143 | 410,075 | 268,783 | 353,684 | 354,634 | 66,985 | 330,992 | 17,923 | |||||||||||||||||||||||||
EXPENSES | |||||||||||||||||||||||||||||||||
Investment management fees | 172,444 | 28,026 | 16,066 | 5,412 | 17,691 | 4,410 | 11,826 | 6,925 | |||||||||||||||||||||||||
Administrative services — Class R1 | 148,772 | 26,463 | 30,716 | 24,324 | 17,908 | 9,713 | 19,158 | 15,935 | |||||||||||||||||||||||||
Administrative services — Class R2a | 58,638 | 10,850 | 12,403 | 9,494 | 7,591 | 3,620 | 8,006 | 5,738 | |||||||||||||||||||||||||
Administrative services — Class R3a | 77,597 | 10,362 | 11,638 | 8,526 | 7,430 | 4,064 | 7,359 | 6,462 | |||||||||||||||||||||||||
Distribution fees — Class R1 | 54,924 | 9,846 | 11,476 | 9,098 | 6,652 | 3,594 | 7,108 | 5,960 | |||||||||||||||||||||||||
Distribution fees — Class R2a | 22,863 | 4,215 | 4,826 | 3,685 | 2,944 | 1,398 | 3,106 | 2,225 | |||||||||||||||||||||||||
Distribution fees — Class R3a | 31,194 | 4,155 | 4,679 | 3,422 | 2,974 | 1,618 | 2,948 | 2,588 | |||||||||||||||||||||||||
Mortality and expense risk charges | 6,069 | 968 | 1,104 | 846 | 676 | 356 | 701 | 570 | |||||||||||||||||||||||||
Total expenses | 572,501 | 94,885 | 92,908 | 64,807 | 63,866 | 28,773 | 60,212 | 46,403 | |||||||||||||||||||||||||
Less: Expenses withheld by TIAA | — | — | — | — | — | — | — | 28,480 | |||||||||||||||||||||||||
Net expenses | 572,501 | 94,885 | 92,908 | 64,807 | 63,866 | 28,773 | 60,212 | 17,923 | |||||||||||||||||||||||||
Net investment income (loss) | 2,102,642 | 315,190 | 175,875 | 288,877 | 290,768 | 38,212 | 270,780 | — | |||||||||||||||||||||||||
NET REALIZED AND UNREALIZED GAIN (LOSS) ON TOTAL INVESTMENTS | |||||||||||||||||||||||||||||||||
Realized gain (loss): | |||||||||||||||||||||||||||||||||
Portfolio investments: | |||||||||||||||||||||||||||||||||
Unaffiliated issuers † | 8,007,173 | 743,228 | 1,631,020 | 627,403 | 77,306 | 14,675 | 932,483 | 19 | |||||||||||||||||||||||||
Affiliated issuers | 209 | — | — | — | — | — | — | — | |||||||||||||||||||||||||
Futures transactions | 13,656 | 2,270 | 7,325 | 2,565 | — | 8 | — | — | |||||||||||||||||||||||||
Purchased options | (894 | ) | — | — | — | — | — | — | — | ||||||||||||||||||||||||
Written options | 1,401 | — | — | — | — | — | — | — | |||||||||||||||||||||||||
Foreign currency transactions | (16,227 | ) | (3,006 | ) | (295 | ) | 1 | (717 | ) | — | (665 | ) | — | ||||||||||||||||||||
Net realized gain (loss) on total investments | 8,005,318 | 742,492 | 1,638,050 | 629,969 | 76,589 | 14,683 | 931,818 | 19 | |||||||||||||||||||||||||
Change in unrealized appreciation (depreciation) on: | |||||||||||||||||||||||||||||||||
Portfolio investments: | |||||||||||||||||||||||||||||||||
Unaffiliated issuers ‡ | (10,854,430 | ) | (1,126,221 | ) | (460,344 | ) | (876,289 | ) | (306,972 | ) | (170,928 | ) | (1,323,622 | ) | — | ||||||||||||||||||
Affiliated issuers | (81,413 | ) | — | — | — | — | — | — | — | ||||||||||||||||||||||||
Futures transactions | (1,529 | ) | (1,863 | ) | (1,104 | ) | 22 | — | — | — | — | ||||||||||||||||||||||
Translation of assets (other than portfolio investments) and liabilities denominated in foreign currencies | (701 | ) | (173 | ) | 56 | — | 78 | — | (73 | ) | — | ||||||||||||||||||||||
Net change in unrealized appreciation (depreciation) on total investments | (10,938,073 | ) | (1,128,257 | ) | (461,392 | ) | (876,267 | ) | (306,894 | ) | (170,928 | ) | (1,323,695 | ) | — | ||||||||||||||||||
Net realized and unrealized gain (loss) on total investments | (2,932,755 | ) | (385,765 | ) | 1,176,658 | (246,298 | ) | (230,305 | ) | (156,245 | ) | (391,877 | ) | 19 | |||||||||||||||||||
Net increase (decrease) in net assets from operations | $ | (830,113 | ) | $ | (70,575 | ) | $ | 1,352,533 | $ | 42,579 | $ | 60,463 | $ | (118,033 | ) | $ | (121,097 | ) | $ | 19 | |||||||||||||
a | Class commenced operations on April 24, 2015 | ||||||||||||||||||||||||||||||||
* | Net of foreign withholding taxes of unaffiliated issuers | $ | 99,162 | $ | 18,668 | $ | 305 | $ | 96 | $ | 11 | $ | — | $ | 4,864 | $ | — | ||||||||||||||||
† | Includes net gain (loss) from securities sold to affiliates of | $ | 254,283 | $ | 14,595 | $ | 44,547 | $ | 13,558 | $ | — | $ | — | $ | 26,120 | $ | — | ||||||||||||||||
‡ | Includes net change in unrealized foreign capital gains taxes of | $ | 1,485 | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — |
68 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements | See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 69 |
Statements of changes in net assets
College Retirement Equities Funds ■ For the period or year ended
Stock Account | Global Equities Account | Growth Account | ||||||||||||||||||||||||
(amounts in thousands except accumulation units) | December 31, 2015 | December 31, 2014 | December 31, 2015 | December 31, 2014 | December 31, 2015 | December 31, 2014 | ||||||||||||||||||||
OPERATIONS | ||||||||||||||||||||||||||
Net investment income (loss) | $ | 2,102,642 | $ | 2,228,632 | $ | 315,190 | $ | 391,079 | $ | 175,875 | $ | 171,402 | ||||||||||||||
Net realized gain (loss) on total investments | 8,005,318 | 16,011,511 | 742,492 | 1,906,677 | 1,638,050 | 2,550,165 | ||||||||||||||||||||
Net change in unrealized appreciation (depreciation) on total investments | (10,938,073 | ) | (10,422,708 | ) | (1,128,257 | ) | (1,517,255 | ) | (461,392 | ) | (138,453 | ) | ||||||||||||||
Net increase (decrease) in net assets from operations | (830,113 | ) | 7,817,435 | (70,575 | ) | 780,501 | 1,352,533 | 2,583,114 | ||||||||||||||||||
FROM PARTICIPANT TRANSACTIONS | ||||||||||||||||||||||||||
Premiums and contributions: | Class R1 | 1,712,179 | 4,319,676 | 540,428 | 1,070,247 | 610,928 | 1,071,482 | |||||||||||||||||||
Class R2* | 790,206 | — | 245,494 | — | 254,719 | — | ||||||||||||||||||||
Class R3* | 1,494,783 | — | 358,894 | — | 421,713 | — | ||||||||||||||||||||
Net transfers between CREF Accounts: | Class R1 | (652,441 | ) | (1,171,616 | ) | 143,081 | 50,310 | 166,492 | 116,778 | |||||||||||||||||
Class R2* | (299,386 | ) | — | 93,543 | — | 48,075 | — | |||||||||||||||||||
Class R3* | (435,914 | ) | — | 94,034 | — | 107,376 | — | |||||||||||||||||||
Transfers in connection with new classes (see note 1): | Class R1 | (99,377,815 | ) | — | (16,268,614 | ) | — | (18,108,628 | ) | — | ||||||||||||||||
Class R2* | 38,646,737 | — | 6,989,560 | — | 7,851,208 | — | ||||||||||||||||||||
Class R3* | 60,731,078 | — | 9,279,054 | — | 10,257,420 | — | ||||||||||||||||||||
Withdrawals and death benefits: | Class R1 | (5,117,846 | ) | (11,435,122 | ) | (902,196 | ) | (1,823,003 | ) | (1,038,914 | ) | (1,790,011 | ) | |||||||||||||
Class R2* | (2,614,060 | ) | — | (435,416 | ) | — | (485,839 | ) | — | |||||||||||||||||
Class R3* | (4,021,238 | ) | — | (584,319 | ) | — | (640,284 | ) | — | |||||||||||||||||
Annuity payments: | (1,452,176 | ) | (1,399,568 | ) | (36,393 | ) | (33,999 | ) | (32,581 | ) | (27,098 | ) | ||||||||||||||
Net increase (decrease) from participant transactions | (10,595,893 | ) | (9,686,630 | ) | (482,850 | ) | (736,445 | ) | (588,315 | ) | (628,849 | ) | ||||||||||||||
Net increase (decrease) in net assets | (11,426,006 | ) | (1,869,195 | ) | (553,425 | ) | 44,056 | 764,218 | 1,954,265 | |||||||||||||||||
NET ASSETS | ||||||||||||||||||||||||||
Beginning of period | 124,474,167 | 126,343,362 | 19,171,775 | 19,127,719 | 21,367,927 | 19,413,662 | ||||||||||||||||||||
End of period | $ | 113,048,161 | $ | 124,474,167 | $ | 18,618,350 | $ | 19,171,775 | $ | 22,132,145 | $ | 21,367,927 | ||||||||||||||
ACCUMULATION UNITS: | ||||||||||||||||||||||||||
Units purchased: | Class R1 | 4,600,047 | 12,197,388 | 3,804,334 | 7,869,284 | 4,575,890 | 8,996,130 | |||||||||||||||||||
Class R2* | 2,131,150 | — | 1,731,544 | — | 1,874,995 | — | ||||||||||||||||||||
Class R3* | 3,616,328 | — | 2,420,441 | — | 2,970,561 | — | ||||||||||||||||||||
Units sold / transferred: | Class R1 | (15,489,844 | ) | (36,192,771 | ) | (5,362,005 | ) | (13,227,623 | ) | (6,529,629 | ) | (14,393,475 | ) | |||||||||||||
Class R2* | (7,849,599 | ) | — | (2,413,226 | ) | — | (3,232,708 | ) | — | |||||||||||||||||
Class R3* | (12,081,496 | ) | — | (3,481,793 | ) | — | (4,025,917 | ) | — | |||||||||||||||||
Units transferred in connection with new classes (see note 1): | Class R1 | (255,953,113 | ) | — | (109,945,874 | ) | — | (131,077,470 | ) | — | ||||||||||||||||
Class R2* | 99,536,831 | — | 47,236,553 | — | 56,830,177 | — | ||||||||||||||||||||
Class R3* | 156,416,282 | — | 62,709,321 | — | 74,247,293 | — | ||||||||||||||||||||
Outstanding: | ||||||||||||||||||||||||||
Beginning of period | 306,004,586 | 329,999,969 | 135,508,586 | 140,866,925 | 163,580,881 | 168,978,226 | ||||||||||||||||||||
End of period | 280,931,172 | 306,004,586 | 132,207,881 | 135,508,586 | 159,214,073 | 163,580,881 | ||||||||||||||||||||
* Class commenced operations on April 24, 2015 |
70 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements | See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 71 |
Statements of changes in net assets | continued |
College Retirement Equities Funds ■ For the period or year ended
Equity Index Account | Bond Market Account | Inflation-Linked Bond Account | ||||||||||||||||||||||||
(amounts in thousands except accumulation units) | December 31, 2015 | December 31, 2014 | December 31, 2015 | December 31, 2014 | December 31, 2015 | December 31, 2014 | ||||||||||||||||||||
OPERATIONS | ||||||||||||||||||||||||||
Net investment income (loss) | $ | 288,877 | $ | 257,052 | $ | 290,768 | $ | 260,503 | $ | 38,212 | $ | 150,507 | ||||||||||||||
Net realized gain (loss) on total investments | 629,969 | 308,571 | 76,589 | 227,912 | 14,683 | 47,863 | ||||||||||||||||||||
Net change in unrealized appreciation (depreciation) on total investments | (876,267 | ) | 1,317,916 | (306,894 | ) | 225,270 | (170,928 | ) | 54,581 | |||||||||||||||||
Net increase (decrease) in net assets from operations | 42,579 | 1,883,539 | 60,463 | 713,685 | (118,033 | ) | 252,951 | |||||||||||||||||||
FROM PARTICIPANT TRANSACTIONS | ||||||||||||||||||||||||||
Premiums and contributions: | Class R1 | 506,431 | 973,093 | 444,547 | 1,019,064 | 233,355 | 604,456 | |||||||||||||||||||
Class R2* | 196,540 | — | 222,856 | — | 106,889 | — | ||||||||||||||||||||
Class R3* | 271,290 | — | 339,850 | — | 170,489 | — | ||||||||||||||||||||
Net transfers between CREF Accounts: | Class R1 | 95,173 | 139,255 | 237,773 | 421,556 | 6,464 | 764 | |||||||||||||||||||
Class R2* | 3,431 | — | 102,246 | — | (916 | ) | — | |||||||||||||||||||
Class R3* | (4,485 | ) | — | 137,248 | — | (12,665 | ) | — | ||||||||||||||||||
Transfers in connection with new classes (see note 1): | Class R1 | (13,730,649 | ) | — | (11,217,891 | ) | — | (5,913,201 | ) | — | ||||||||||||||||
Class R2* | 6,128,195 | — | 4,761,372 | — | 2,341,436 | — | ||||||||||||||||||||
Class R3* | 7,602,454 | — | 6,456,519 | — | 3,571,765 | — | ||||||||||||||||||||
Withdrawals and death benefits: | Class R1 | (984,903 | ) | (1,652,552 | ) | (794,493 | ) | (1,674,638 | ) | (471,437 | ) | (1,105,605 | ) | |||||||||||||
Class R2* | (440,084 | ) | — | (415,383 | ) | — | (232,468 | ) | — | |||||||||||||||||
Class R3* | (513,696 | ) | — | (578,133 | ) | — | (356,749 | ) | — | |||||||||||||||||
Annuity payments: | (33,130 | ) | (28,590 | ) | (26,370 | ) | (24,610 | ) | (20,784 | ) | (21,455 | ) | ||||||||||||||
Net increase (decrease) from participant transactions | (903,433 | ) | (568,794 | ) | (329,859 | ) | (258,628 | ) | (577,822 | ) | (521,840 | ) | ||||||||||||||
Net increase (decrease) in net assets | (860,854 | ) | 1,314,745 | (269,396 | ) | 455,057 | (695,855 | ) | (268,889 | ) | ||||||||||||||||
NET ASSETS | ||||||||||||||||||||||||||
Beginning of period | 17,172,756 | 15,858,011 | 13,530,474 | 13,075,417 | 7,369,221 | 7,638,110 | ||||||||||||||||||||
End of period | $ | 16,311,902 | $ | 17,172,756 | $ | 13,261,078 | $ | 13,530,474 | $ | 6,673,366 | $ | 7,369,221 | ||||||||||||||
ACCUMULATION UNITS: | ||||||||||||||||||||||||||
Units purchased: | Class R1 | 3,103,038 | 6,439,432 | 3,872,613 | 9,154,464 | 3,468,006 | 9,041,378 | |||||||||||||||||||
Class R2* | 1,207,134 | — | 1,950,390 | — | 1,610,399 | — | ||||||||||||||||||||
Class R3* | 1,573,122 | — | 2,811,987 | — | 2,447,768 | — | ||||||||||||||||||||
Units sold / transferred: | Class R1 | (5,428,830 | ) | (10,252,632 | ) | (4,854,844 | ) | (11,510,738 | ) | (6,926,944 | ) | (16,661,477 | ) | |||||||||||||
Class R2* | (2,671,313 | ) | — | (2,742,878 | ) | — | (3,519,741 | ) | — | |||||||||||||||||
Class R3* | (3,228,539 | ) | — | (3,916,271 | ) | — | (5,525,253 | ) | — | |||||||||||||||||
Units transferred in connection with new classes (see note 1): | Class R1 | (81,727,526 | ) | — | (96,927,805 | ) | — | (86,643,103 | ) | — | ||||||||||||||||
Class R2* | 36,476,221 | — | 41,140,476 | — | 34,307,863 | — | ||||||||||||||||||||
Class R3* | 45,251,305 | — | 55,787,329 | — | 52,335,240 | — | ||||||||||||||||||||
Outstanding: | ||||||||||||||||||||||||||
Beginning of period | 104,235,513 | 108,048,713 | 116,801,630 | 119,157,904 | 107,375,584 | 114,995,683 | ||||||||||||||||||||
End of period | 98,790,125 | 104,235,513 | 113,922,627 | 116,801,630 | 98,929,819 | 107,375,584 | ||||||||||||||||||||
* Class commenced operations on April 24, 2015 |
72 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements | See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 73 |
Statements of changes in net assets | concluded |
College Retirement Equities Funds ■ For the period or year ended
Social Choice Account | Money Market Account | |||||||||||||||||
(amounts in thousands except accumulation units) | December 31, 2015 | December 31, 2014 | December 31, 2015 | December 31, 2014 | ||||||||||||||
OPERATIONS | ||||||||||||||||||
Net investment income (loss) | $ | 270,780 | $ | 272,327 | $ | — | $ | — | ||||||||||
Net realized gain (loss) on total investments | 931,818 | 451,821 | 19 | — | ||||||||||||||
Net change in unrealized appreciation (depreciation) on total investments | (1,323,695 | ) | 198,027 | — | — | |||||||||||||
Net increase (decrease) in net assets from operations | (121,097 | ) | 922,175 | 19 | — | |||||||||||||
FROM PARTICIPANT TRANSACTIONS | ||||||||||||||||||
Premiums and contributions: | Class R1 | 332,838 | 944,799 | 2,106,341 | 3,821,009 | |||||||||||||
Class R2* | 169,731 | — | 926,677 | — | ||||||||||||||
Class R3* | 231,223 | — | 1,369,851 | — | ||||||||||||||
Net transfers between CREF Accounts: | Class R1 | (46,110 | ) | 345,290 | 16,396 | 97,663 | ||||||||||||
Class R2* | (41,864 | ) | — | 113,042 | — | |||||||||||||
Class R3* | (38,297 | ) | — | 167,704 | — | |||||||||||||
Transfers in connection with new classes (see note 1): | Class R1 | (11,710,319 | ) | — | (8,968,831 | ) | — | |||||||||||
Class R2* | 5,180,194 | — | 3,500,092 | — | ||||||||||||||
Class R3* | 6,530,125 | — | 5,468,739 | — | ||||||||||||||
Withdrawals and death benefits: | Class R1 | (662,578 | ) | (1,163,971 | ) | (2,190,116 | ) | (4,418,705 | ) | |||||||||
Class R2* | (344,945 | ) | — | (1,032,512 | ) | — | ||||||||||||
Class R3* | (450,412 | ) | — | (1,491,632 | ) | — | ||||||||||||
Annuity payments: | (33,017 | ) | (30,773 | ) | (20,750 | ) | (21,137 | ) | ||||||||||
Net increase (decrease) from participant transactions | (883,431 | ) | 95,345 | (34,999 | ) | (521,170 | ) | |||||||||||
Net increase (decrease) in net assets | (1,004,528 | ) | 1,017,520 | (34,980 | ) | (521,170 | ) | |||||||||||
NET ASSETS | ||||||||||||||||||
Beginning of period | 14,358,480 | 13,340,960 | 11,459,743 | 11,980,913 | ||||||||||||||
End of period | $ | 13,353,952 | $ | 14,358,480 | $ | 11,424,763 | $ | 11,459,743 | ||||||||||
ACCUMULATION UNITS: | ||||||||||||||||||
Units purchased: | Class R1 | 1,694,242 | 5,015,238 | 82,493,197 | 149,643,251 | |||||||||||||
Class R2* | 870,207 | — | 36,292,219 | — | ||||||||||||||
Class R3* | 1,081,893 | — | 53,318,414 | — | ||||||||||||||
Units sold / transferred: | Class R1 | (3,610,025 | ) | (4,437,235 | ) | (85,131,309 | ) | (169,736,670 | ) | |||||||||
Class R2* | (1,984,278 | ) | — | (36,009,961 | ) | — | ||||||||||||
Class R3* | (2,530,194 | ) | — | (52,152,491 | ) | — | ||||||||||||
Units transferred in connection with new classes (see note 1): | Class R1 | (58,278,007 | ) | — | (351,254,672 | ) | — | |||||||||||
Class R2* | 25,779,946 | — | 137,077,375 | — | ||||||||||||||
Class R3* | 32,498,061 | — | 214,177,297 | — | ||||||||||||||
Outstanding: | ||||||||||||||||||
Beginning of period | 72,106,665 | 71,528,662 | 441,017,139 | 461,110,558 | ||||||||||||||
End of period | 67,628,510 | 72,106,665 | 439,827,208 | 441,017,139 | ||||||||||||||
* Class commenced operations on April 24, 2015 |
74 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements | See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 75 |
College Retirement Equities Fund
Selected per accumulation unit data | Ratios and supplemental data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Gain (loss) from investment operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net realized | Ratios to average net assets | Accumulation | ||||||||||||||||||||||||||||||||||||||||||||||||||||
For the | Net | & unrealized | Net | Accumulation | Accumulation | Net | units | Accumulation | ||||||||||||||||||||||||||||||||||||||||||||||
period | investment | gain (loss) | change in | unit value | unit value | investment | Portfolio | outstanding at | fund net | |||||||||||||||||||||||||||||||||||||||||||||
or year | Investment | income | on total | accumulation | beginning | end of | Total | Gross | income | turnover | end of period | assets | ||||||||||||||||||||||||||||||||||||||||||
ended | income | a | Expenses | a | (loss | )a | investments | unit value | of period | period | return | b | expenses | (loss) | rate | (in millions | ) | (in millions | )i | |||||||||||||||||||||||||||||||||||
STOCK ACCOUNT | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class R1: | 12/31/15 | h | $8.076 | $2.108 | $5.968 | $(9.995 | ) | $(4.027 | ) | $365.431 | $361.404 | (1.10 | )% | 0.57 | % | 1.60 | % | 52 | % | 39 | $14,153 | |||||||||||||||||||||||||||||||||
12/31/14 | 7.897 | 1.620 | 6.277 | 15.744 | 22.021 | 343.410 | 365.431 | 6.41 | 0.46 | 1.77 | 58 | 306 | 111,823 | |||||||||||||||||||||||||||||||||||||||||
12/31/13 | 6.581 | 1.476 | 5.105 | 69.661 | 74.766 | 268.644 | 343.410 | 27.83 | 0.48 | 1.68 | 59 | 330 | 113,325 | |||||||||||||||||||||||||||||||||||||||||
12/31/12 | 6.328 | 1.244 | 5.084 | 34.469 | 39.553 | 229.091 | 268.644 | 17.26 | 0.49 | 2.01 | 57 | 353 | 94,887 | |||||||||||||||||||||||||||||||||||||||||
12/31/11 | 5.308 | 1.151 | 4.157 | (16.066 | ) | (11.909 | ) | 241.000 | 229.091 | (4.94 | ) | 0.48 | 1.73 | 56 | 377 | 86,395 | ||||||||||||||||||||||||||||||||||||||
Class R2: | 12/31/15 | g | 5.699 | 1.215 | 4.484 | (30.621 | ) | (26.137 | ) | 388.266 | 362.129 | (6.73 | )cj | 0.48 | d | 1.75 | d | 52 | 94 | 33,974 | ||||||||||||||||||||||||||||||||||
Class R3: | 12/31/15 | g | 5.698 | 0.960 | 4.738 | (30.626 | ) | (25.888 | ) | 388.266 | 362.378 | (6.67 | )cj | 0.38 | d | 1.85 | d | 52 | 148 | 53,614 | ||||||||||||||||||||||||||||||||||
GLOBAL EQUITIES ACCOUNT | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class R1: | 12/31/15 | h | 3.077 | 0.823 | 2.254 | (3.090 | ) | (0.836 | ) | 138.793 | 137.957 | (0.60 | ) | 0.58 | 1.59 | 49 | 24 | 3,312 | ||||||||||||||||||||||||||||||||||||
12/31/14 | 3.394 | 0.623 | 2.771 | 2.779 | 5.550 | 133.243 | 138.793 | 4.17 | 0.46 | 2.04 | 59 | 136 | 18,808 | |||||||||||||||||||||||||||||||||||||||||
12/31/13 | 2.590 | 0.616 | 1.974 | 26.579 | 28.553 | 104.690 | 133.243 | 27.27 | 0.52 | 1.67 | 63 | 141 | 18,770 | |||||||||||||||||||||||||||||||||||||||||
12/31/12 | 2.566 | 0.522 | 2.044 | 14.260 | 16.304 | 88.386 | 104.690 | 18.45 | 0.53 | 2.09 | 70 | 142 | 14,917 | |||||||||||||||||||||||||||||||||||||||||
12/31/11 | 2.131 | 0.490 | 1.641 | (9.051 | ) | (7.410 | ) | 95.796 | 88.386 | (7.74 | ) | 0.52 | 1.74 | 78 | 146 | 12,898 | ||||||||||||||||||||||||||||||||||||||
Class R2: | 12/31/15 | g | 2.030 | 0.468 | 1.562 | (11.301 | ) | (9.739 | ) | 147.969 | 138.230 | (6.58 | )ck | 0.48 | d | 1.60 | d | 49 | 47 | 6,435 | ||||||||||||||||||||||||||||||||||
Class R3: | 12/31/15 | g | 2.030 | 0.370 | 1.660 | (11.304 | ) | (9.644 | ) | 147.969 | 138.325 | (6.52 | )ck | 0.38 | d | 1.70 | d | 49 | 62 | 8,527 | ||||||||||||||||||||||||||||||||||
GROWTH ACCOUNT | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class R1: | 12/31/15 | h | 1.663 | 0.683 | 0.980 | 6.976 | 7.956 | 128.668 | 136.624 | 6.19 | 0.51 | 0.73 | 47 | 31 | 4,174 | |||||||||||||||||||||||||||||||||||||||
12/31/14 | 1.501 | 0.482 | 1.019 | 14.445 | 15.464 | 113.204 | 128.668 | 13.66 | 0.41 | 0.86 | 57 | 164 | 21,048 | |||||||||||||||||||||||||||||||||||||||||
12/31/13 | 1.288 | 0.450 | 0.838 | 28.513 | 29.351 | 83.853 | 113.204 | 35.00 | 0.46 | 0.86 | 63 | 169 | 19,129 | |||||||||||||||||||||||||||||||||||||||||
12/31/12 | 1.388 | 0.382 | 1.006 | 10.481 | 11.487 | 72.366 | 83.853 | 15.87 | 0.47 | 1.24 | 67 | 176 | 14,728 | |||||||||||||||||||||||||||||||||||||||||
12/31/11 | 0.979 | 0.333 | 0.646 | 0.202 | 0.848 | 71.518 | 72.366 | 1.19 | 0.46 | 0.88 | 57 | 181 | 13,079 | |||||||||||||||||||||||||||||||||||||||||
Class R2: | 12/31/15 | g | 1.117 | 0.380 | 0.737 | (1.993 | ) | (1.256 | ) | 138.152 | 136.896 | (0.91 | )cl | 0.41 | d | 0.79 | d | 47 | 55 | 7,594 | ||||||||||||||||||||||||||||||||||
Class R3: | 12/31/15 | g | 1.117 | 0.287 | 0.830 | (1.992 | ) | (1.162 | ) | 138.152 | 136.990 | (0.84 | )cl | 0.31 | d | 0.89 | d | 47 | 73 | 10,027 |
76 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements | See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 77 |
Financial highlights | continued |
College Retirement Equities Fund |
Selected per accumulation unit data | Ratios and supplemental data | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Gain (loss) from investment operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net realized | Ratios to average net assets | Portfolio | Accumulation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
For the | Net | & unrealized | Net | Accumulation | Accumulation | Net | turnover rate | units | Accumulation | |||||||||||||||||||||||||||||||||||||||||||||||||
period | investment | gain (loss) | change in | unit value | unit value | investment | Portfolio | excluding | outstanding at | fund net | ||||||||||||||||||||||||||||||||||||||||||||||||
or year | Investment | income | on total | accumulation | beginning | end of | Total | Gross | income | turnover | mortgage | end of period | assets | |||||||||||||||||||||||||||||||||||||||||||||
ended | income | a | Expenses | a | (loss | )a | investments | unit value | of period | period | return | b | expenses | (loss) | rate | dollar rolls | (in millions | ) | (in millions | )i | ||||||||||||||||||||||||||||||||||||||
EQUITY INDEX ACCOUNT | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class R1: | 12/31/15 | h | $3.254 | $0.765 | $2.489 | $(2.523 | ) | $(0.034 | ) | $161.562 | $161.528 | (0.02 | )% | 0.47 | % | 1.52 | % | 5 | % | N/A | % | 20 | $ 3,260 | |||||||||||||||||||||||||||||||||||
12/31/14 | 2.937 | 0.558 | 2.379 | 15.145 | 17.524 | 144.038 | 161.562 | 12.17 | 0.37 | 1.58 | 4 | N/A | 104 | 16,841 | ||||||||||||||||||||||||||||||||||||||||||||
12/31/13 | 2.546 | 0.531 | 2.015 | 33.715 | 35.730 | 108.308 | 144.038 | 32.99 | 0.42 | 1.59 | 5 | N/A | 108 | 15,563 | ||||||||||||||||||||||||||||||||||||||||||||
12/31/12 | 2.391 | 0.442 | 1.949 | 12.978 | 14.927 | 93.381 | 108.308 | 15.98 | 0.43 | 1.89 | 4 | N/A | 109 | 11,797 | ||||||||||||||||||||||||||||||||||||||||||||
12/31/11 | 1.832 | 0.390 | 1.442 | (0.825 | ) | 0.617 | 92.764 | 93.381 | 0.66 | 0.41 | 1.53 | 5 | N/A | 112 | 10,502 | |||||||||||||||||||||||||||||||||||||||||||
Class R2: | 12/31/15 | g | 2.443 | 0.414 | 2.029 | (8.184 | ) | (6.155 | ) | 168.005 | 161.850 | (3.66 | )cm | 0.37 | d | 1.81 | d | 5 | N/A | 35 | 5,667 | |||||||||||||||||||||||||||||||||||||
Class R3: | 12/31/15 | g | 2.443 | 0.302 | 2.141 | (8.185 | ) | (6.044 | ) | 168.005 | 161.961 | (3.60 | )cm | 0.27 | d | 1.90 | d | 5 | N/A | 44 | 7,061 | |||||||||||||||||||||||||||||||||||||
BOND MARKET ACCOUNT | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class R1: | 12/31/15 | h | 3.015 | 0.637 | 2.378 | (2.100 | ) | 0.278 | 113.471 | 113.749 | 0.25 | 0.56 | 2.07 | 293 | 123 | 19 | 2,149 | |||||||||||||||||||||||||||||||||||||||||
12/31/14 | 2.665 | 0.494 | 2.171 | 3.764 | 5.935 | 107.536 | 113.471 | 5.52 | 0.44 | 1.95 | 290 | 89 | 117 | 13,254 | ||||||||||||||||||||||||||||||||||||||||||||
12/31/13 | 2.485 | 0.482 | 2.003 | (4.211 | ) | (2.208 | ) | 109.744 | 107.536 | (2.01 | ) | 0.45 | 1.85 | 363 | 105 | 119 | 12,814 | |||||||||||||||||||||||||||||||||||||||||
12/31/12 | 2.835 | 0.482 | 2.353 | 3.163 | 5.516 | 104.228 | 109.744 | 5.29 | 0.45 | 2.19 | 356 | 117 | 130 | 14,222 | ||||||||||||||||||||||||||||||||||||||||||||
12/31/11 | 3.341 | 0.439 | 2.902 | 3.876 | 6.778 | 97.450 | 104.228 | 6.96 | 0.44 | 2.88 | 261 | 62 | 126 | 13,124 | ||||||||||||||||||||||||||||||||||||||||||||
Class R2: | 12/31/15 | g | 2.181 | 0.369 | 1.812 | (3.573 | ) | (1.761 | ) | 115.735 | 113.974 | (1.52 | )cn | 0.47 | d | 2.31 | d | 293 | 123 | 40 | 4,599 | |||||||||||||||||||||||||||||||||||||
Class R3: | 12/31/15 | g | 2.182 | 0.292 | 1.890 | (3.573 | ) | (1.683 | ) | 115.735 | 114.052 | (1.45 | )cn | 0.37 | d | 2.41 | d | 293 | 123 | 55 | 6,237 | |||||||||||||||||||||||||||||||||||||
INFLATION-LINKED BOND ACCOUNT | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class R1: | 12/31/15 | h | (0.930 | ) | 0.324 | (1.254 | ) | (0.034 | ) | (1.288 | ) | 66.522 | 65.234 | (1.94 | ) | 0.48 | (1.87 | ) | 6 | N/A | 17 | 1,127 | ||||||||||||||||||||||||||||||||||||
12/31/14 | 1.573 | 0.257 | 1.316 | 0.824 | 2.140 | 64.382 | 66.522 | 3.32 | 0.39 | 1.97 | 9 | N/A | 107 | 7,143 | ||||||||||||||||||||||||||||||||||||||||||||
12/31/13 | 1.207 | 0.301 | 0.906 | (7.289 | ) | (6.383 | ) | 70.765 | 64.382 | (9.02 | ) | 0.45 | 1.34 | 13 | N/A | 115 | 7,404 | |||||||||||||||||||||||||||||||||||||||||
12/31/12 | 2.050 | 0.310 | 1.740 | 2.523 | 4.263 | 66.502 | 70.765 | 6.40 | 0.45 | 2.52 | 11 | N/A | 149 | 10,544 | ||||||||||||||||||||||||||||||||||||||||||||
12/31/11 | 2.817 | 0.272 | 2.545 | 5.187 | 7.732 | 58.770 | 66.502 | 13.16 | 0.43 | 4.05 | 13 | N/A | 146 | 9,699 | ||||||||||||||||||||||||||||||||||||||||||||
Class R2: | 12/31/15 | g | 1.272 | 0.185 | 1.087 | (3.973 | ) | (2.886 | ) | 68.248 | 65.362 | (4.23 | )co | 0.41 | d | 2.38 | d | 6 | N/A | 32 | 2,118 | |||||||||||||||||||||||||||||||||||||
Class R3: | 12/31/15 | g | 1.274 | 0.140 | 1.134 | (3.975 | ) | (2.841 | ) | 68.248 | 65.407 | (4.16 | )co | 0.31 | d | 2.48 | d | 6 | N/A | 49 | 3,222 |
78 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements | See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 79 |
Financial highlights | concluded |
College Retirement Equities Fund |
Selected per accumulation unit data | Ratios and supplemental data | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Gain (loss) from investment operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net realized | Ratios to average net assets | Portfolio | Accumulation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
For the | Net | & unrealized | Net | Accumulation | Accumulation | Net | turnover rate | units | Accumulation | |||||||||||||||||||||||||||||||||||||||||||||||||
period | investment | gain (loss) | change in | unit value | unit value | investment | Portfolio | excluding | outstanding at | fund net | ||||||||||||||||||||||||||||||||||||||||||||||||
or year | Investment | income | on total | accumulation | beginning | end of | Total | Gross | income | turnover | mortgage | end of period | assets | |||||||||||||||||||||||||||||||||||||||||||||
ended | income | a | Expenses | a | (loss | )a | investments | unit value | of period | period | return | b | expenses | (loss) | rate | dollar rolls | (in millions | ) | (in millions | )i | ||||||||||||||||||||||||||||||||||||||
SOCIAL CHOICE ACCOUNT | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class R1: | 12/31/15 | h | $4.618 | $1.017 | $3.601 | $(5.795 | ) | $(2.194 | ) | $194.396 | $192.202 | (1.13 | )% | 0.52 | % | 1.83 | % | 115 | % | 57 | % | 12 | $ 2,290 | |||||||||||||||||||||||||||||||||||
12/31/14 | 4.446 | 0.773 | 3.673 | 8.760 | 12.433 | 181.963 | 194.396 | 6.83 | 0.41 | 1.95 | 120 | 52 | 72 | 14,017 | ||||||||||||||||||||||||||||||||||||||||||||
12/31/13 | 3.804 | 0.757 | 3.047 | 22.950 | 25.997 | 155.966 | 181.963 | 16.67 | 0.45 | 1.79 | 133 | 46 | 72 | 13,016 | ||||||||||||||||||||||||||||||||||||||||||||
12/31/12 | 3.866 | 0.677 | 3.189 | 12.242 | 15.431 | 140.535 | 155.966 | 10.98 | 0.45 | 2.14 | 149 | 52 | 71 | 10,999 | ||||||||||||||||||||||||||||||||||||||||||||
12/31/11 | 3.732 | 0.619 | 3.113 | (0.595 | ) | 2.518 | 138.017 | 140.535 | 1.82 | 0.44 | 2.22 | 122 | 45 | 72 | 10,074 | |||||||||||||||||||||||||||||||||||||||||||
Class R2: | 12/31/15 | g | 3.229 | 0.560 | 2.669 | (11.025 | ) | (8.356 | ) | 200.939 | 192.583 | (4.16 | )cp | 0.42 | d | 1.99 | d | 115 | 57 | 25 | 4,750 | |||||||||||||||||||||||||||||||||||||
Class R3: | 12/31/15 | g | 3.230 | 0.427 | 2.803 | (11.028 | ) | (8.225 | ) | 200.939 | 192.714 | (4.09 | )cp | 0.32 | d | 2.09 | d | 115 | 57 | 31 | 5,984 |
Selected per accumulation unit data | Ratios and supplemental data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Gain (loss) from investment operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net realized | Ratios to average net assets | Accumulation | ||||||||||||||||||||||||||||||||||||||||||||||||||||
For the | Net | & unrealized | Net | Accumulation | Accumulation | Expenses | Net | units | Accumulation | |||||||||||||||||||||||||||||||||||||||||||||
period | investment | gain (loss) | change in | unit value | unit value | net of | investment | outstanding at | fund net | |||||||||||||||||||||||||||||||||||||||||||||
or year | Investment | income | on total | accumulation | beginning | end of | Total | Gross | TIAA | income | end of period | assets | ||||||||||||||||||||||||||||||||||||||||||
ended | income | a | Expenses | a | (loss | )a | investments | unit value | of period | period | return | b | expenses | withholding | (loss | ) | (in millions | ) | (in millions | )i | ||||||||||||||||||||||||||||||||||
MONEY MARKET ACCOUNT | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class R1: | 12/31/15 | h | $0.036 | $0.036 | $0.000 | $0.000 | $0.000 | $25.534 | $25.534 | 0.00 | % | 0.50 | % | 0.14 | % | 0.00 | % | 87 | $ 2,225 | |||||||||||||||||||||||||||||||||||
12/31/14 | 0.029 | 0.029 | 0.000 | 0.000 | 0.000 | 25.534 | 25.534 | 0.00 | 0.39 | 0.11 | 0.00 | 441 | 11,261 | |||||||||||||||||||||||||||||||||||||||||
12/31/13 | 0.036 | 0.036 | 0.000 | 0.000 | 0.000 | 25.534 | 25.534 | 0.00 | 0.41 | 0.14 | 0.00 | 461 | 11,774 | |||||||||||||||||||||||||||||||||||||||||
12/31/12 | 0.044 | 0.044 | 0.000 | 0.000 | 0.000 | 25.534 | 25.534 | 0.00 | 0.42 | 0.17 | 0.00 | 458 | 11,701 | |||||||||||||||||||||||||||||||||||||||||
12/31/11 | 0.044 | 0.044 | 0.000 | 0.001 | 0.001 | 25.533 | 25.534 | 0.00 | 0.41 | 0.17 | 0.00 | 477 | 12,178 | |||||||||||||||||||||||||||||||||||||||||
Class R2: | 12/31/15 | g | 0.030 | 0.030 | 0.000 | 0.000 | 0.000 | 25.534 | 25.534 | 0.00 | cq | 0.40 | d | 0.17 | d | 0.00 | d | 137 | 3,507 | |||||||||||||||||||||||||||||||||||
Class R3: | 12/31/15 | g | 0.030 | 0.030 | 0.000 | 0.000 | 0.000 | 25.534 | 25.534 | 0.00 | cq | 0.30 | d | 0.17 | d | 0.00 | d | 215 | 5,499 |
a | Based on average units outstanding. |
b | Based on per accumulation unit data. |
c | The percentages shown for this period are not annualized. |
d | The percentages shown for this period are annualized. |
g | Classes R2 and R3 commenced operations on April 24, 2015. |
h | Prior to April 24, 2015, CREF offered only one class of units, which became Class R1 on that date. |
i | Does not include annuity net assets. |
j | The annual performance for Classes R2 and R3, including performance based on Class R1 prior to inception of the new classes, was (0.90)% and (0.84)%, respectively. |
k | The annual performance for Classes R2 and R3, including performance based on Class R1 prior to inception of the new classes, was (0.41)% and (0.34)%, respectively. |
l | The annual performance for Classes R2 and R3, including performance based on Class R1 prior to inception of the new classes, was 6.40% and 6.47%, respectively. |
m | The annual performance for Classes R2 and R3, including performance based on Class R1 prior to inception of the new classes, was 0.18% and 0.25%, respectively. |
n | The annual performance for Classes R2 and R3, including performance based on Class R1 prior to inception of the new classes, was 0.44% and 0.51%, respectively. |
o | The annual performance for Classes R2 and R3, including performance based on Class R1 prior to inception of the new classes, was (1.74)% and (1.68)%, respectively. |
p | The annual performance for Classes R2 and R3, including performance based on Class R1 prior to inception of the new classes, was (0.93)% and (0.86)%, respectively. |
q | The annual performance for Classes R2 and R3, including performance based on Class R1 prior to inception of the new classes, was 0.00% and 0.00%, respectively. |
80 | 2015 Annual Report ■ College Retirement Equities Fund | See notes to financial statements | See notes to financial statements | College Retirement Equities Fund ■ 2015 Annual Report | 81 |
College Retirement Equities Fund
Note 1—organization and significant accounting policies
The purpose of the College Retirement Equities Fund (“CREF”), as stated in its charter, is to aid and strengthen non-profit educational and research organizations, governmental entities, and other non-profit institutions by providing their employees with variable retirement benefits. CREF is registered with the Securities and Exchange Commission (“Commission”) under the Investment Company Act of 1940, as amended (“1940 Act”), as an open-end management investment company. It consists of eight investment portfolios: the Stock, Global Equities, Growth, Equity Index, Bond Market, Inflation-Linked Bond, Social Choice and Money Market Accounts (individually referred to as the “Account” or collectively referred to as the “Accounts”).
On April 24, 2015, CREF was converted from its one original class to three different classes, Class R1, Class R2 and Class R3, and all existing participant balances as of that date were transferred to the class for which they were eligible. Eligibility requirements for each class are based either upon the amount of aggregate retirement plan assets a participant’s institution has invested in all CREF Accounts or, for participants not associated with a retirement plan, the type of product through which the CREF assets are held. These transfers have been reflected as such on the Statements of Changes in Net Assets. Each class differs by the allocation of class-specific expenses.
The accompanying financial statements were prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which may require the use of estimates made by management and the evaluation of subsequent events. Actual results may differ from those estimates. The Accounts are investment companies and follow the accounting guidance in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification 946, Financial Services—Investment Companies. The Accumulation Unit Value (“AUV”) for financial reporting purposes may differ from the AUV for processing transactions. The AUV for financial reporting purposes includes security and participant transactions through the date of the report. Total return is computed based on the AUV used for processing transactions. The following is a summary of the significant accounting policies consistently followed by the Accounts.
Security valuation: For all Accounts (other than the Money Market Account), investments in securities are recorded at their estimated fair value as described in the valuation of investments note to the financial statements. Investments held by the Money Market Account are recorded at amortized cost, which approximates fair value. The amortized cost of an instrument is determined by valuing it at its original cost and thereafter accreting or amortizing any discount or premium to its face value at a constant rate until maturity.
Accumulation and Annuity Funds: The Accumulation Fund represents the net assets attributable to participants in the accumulation phase of their investment. The Annuity Fund represents the net assets attributable to the participants currently receiving annuity payments. The net increase or decrease in net assets from investment operations is apportioned between the funds based upon their relative daily net asset values. Annuitants bear the mortality risk under their contracts. Initial
82 | 2015 Annual Report ■ College Retirement Equities Fund |
annuity payments are calculated based on the value of a participant’s accumulation on the last valuation day before the annuity start date, the income option chosen, an assumed annual investment return, and expense and mortality assumptions. Annuity payments vary after the initial payment based on investment performance, Account expenses, and mortality experience. Death benefits are paid to beneficiaries if the annuitant dies during the accumulation period, or during the annuity period while payments are still due for the remainder of a guaranteed period.
Investments and investment income: Securities transactions are accounted for as of the trade date for financial reporting purposes. Interest income is recorded as earned and includes accretion of discounts and amortization of premiums using the effective yield method. Dividend income is recorded on the ex-dividend date. Foreign dividend income is recorded on the ex-dividend date or as soon as possible after the Accounts determine the existence of a dividend declaration after exercising reasonable due diligence. Realized gains and losses on securities transactions are based upon the specific identification method. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments and/or as a realized gain. The Accounts estimate the components of distributions received that may be considered return of capital distributions or capital gain distributions.
Income, expenses, realized gains and losses and unrealized appreciation and depreciation of an Account are allocated on a pro rata basis to each class, except for administrative service fees and distribution fees, which are unique to each class of each Account. Most expenses of CREF can be directly attributed to an Account or class. Expenses that cannot be directly attributed are allocated based upon the average net assets of each Account or class.
Foreign currency transactions and translation: Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day using exchange rates obtained from an independent third party. Purchases and sales of securities, income, and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction. The effect of changes in foreign currency exchange rates on realized and unrealized security gains and losses is reflected as a component of security gains and losses.
Income taxes: CREF is taxed as a life insurance company under Subchapter L of the Internal Revenue Code. CREF should incur no federal income tax liability. Under the rules of taxation applicable to life insurance companies, CREF’s Accumulation and Annuity Funds for participants will generally be treated as life insurance reserves; therefore, any increase in such reserves will be deductible. CREF files income tax returns in U.S. federal and applicable state jurisdictions. CREF’s federal income tax return is generally subject to examination for a period of three fiscal years after being filed. State and local tax returns may be subject to examination for an additional period of time depending on the jurisdiction. Management has analyzed the Accounts’ tax positions taken for all open federal income tax years and has concluded that no provision for federal income tax is required in the Accounts’ financial statements.
College Retirement Equities Fund ■ 2015 Annual Report | 83 |
Notes to financial statements
Foreign taxes: The Accounts may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. The Accounts will accrue such taxes and recoveries as applicable, based upon the current interpretation of tax rules and regulations that exist in the markets in which the Accounts invest.
Trustee compensation: The Accounts pay the members of the Board of Trustees (“Board”), all of whom are independent, certain remuneration for their services, plus travel and other expenses. Trustees may elect to participate in a deferred compensation plan and defer all or a portion of their compensation. In addition, trustees participate in a long-term compensation plan. Amounts deferred are retained by the Accounts until paid. Amounts payable to the trustees for compensation are included in the accompanying Statements of Assets and Liabilities. Trustees’ fees, including any deferred and long-term compensation incurred, are reflected in the Statements of Operations.
New accounting pronouncement: In May 2015, the Financial Accounting Standards Board issued Accounting Standards Update No. 2015-07 Fair Value Measurement (Topic 820) Disclosures in Certain Entities That Calculate Net Asset Value per Share (the “Update”). The Update removes the requirement to categorize within the fair value hierarchy all investments for which the fair value is measured using the net asset value per share practical expedient. The Update also removes the requirement to make certain disclosures for investments that are eligible to be measured at fair value using the net asset value per share practical expedient. The Update is effective for public business entities for fiscal years beginning after December 15, 2015, and for interim periods within those fiscal years. The Accounts early adopted the Update for this annual report. The adoption of the Update did not have a material impact on the Accounts’ financial statements and notes disclosures.
New rule issuance: In July 2014, the Commission issued Final Rule Release No. 33-9616, Money Market Account Reform; Amendments to Form PF, which amends the rules governing money market accounts. The final amendments impose different implementation dates for the changes that certain money market accounts will need to make. Management is currently evaluating the implication of these amendments and their impact of the Final Rule to the Account’s financial statements and related disclosures. On August 11, 2015, The CREF Board approved a restructuring of the CREF Money Market Account as a “Government” money market instrument, in compliance with the new SEC regulations requiring all money market funds to restructure as retail, institutional or government. The restructuring will be effective by October 14, 2016.
Note 2—valuation of investments
Portfolio investments are valued at fair value utilizing various valuation methods approved by the Board. U.S. GAAP establishes a hierarchy that prioritizes market inputs to valuation methods. The three levels of inputs are:
• | Level 1 – quoted prices in active markets for identical securities |
• | Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.) |
84 | 2015 Annual Report ■ College Retirement Equities Fund |
continued
• | Level 3 – significant unobservable inputs (including the Accounts’ own assumptions in determining the fair value of investments) |
The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
Certain portfolio investments that are measured at fair value using the net asset value per share practical expedient are not categorized within the fair value hierarchy. These investments will be disclosed at their fair value to allow reconciliation back to the Statement of Assets and Liabilities. As of December 31, 2015, no investments were valued utilizing the practical expedient.
A description of the valuation techniques applied to the Accounts’ major categories of assets and liabilities measured at fair value follows:
Exchange-traded equity securities, common and preferred stock: Equity securities listed or traded on a national market or exchange are valued based on their sale price on such market or exchange at the close of business on the date of valuation, or at the mean of the closing bid and asked prices if no sale is reported. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Foreign equity securities are valued at the last sale price or official closing price reported on the exchange where traded and converted to U.S. dollars at the prevailing rates of exchange on the date of valuation. For events affecting the value of foreign securities between the time when the exchange on which they are traded closes and the time when the Accounts’ net assets are calculated, such securities will be valued at fair value in accordance with procedures adopted by the Board. Foreign securities are generally categorized in Level 2 of the fair value hierarchy.
Debt securities: Debt securities, including equity-linked notes, will generally be valued using prices provided by a pricing service that may employ various indications of value including but not limited to broker-dealer quotations. Certain debt securities, other than money market instruments, are valued based on the most recent bid price or the equivalent quoted yield for such securities (or those of comparable maturity, quality and type). Debt securities are generally categorized in Level 2 of the fair value hierarchy; in instances where prices, yields or any other key inputs are unobservable, they are categorized in Level 3 of the hierarchy.
Short-term investments: Prior to January 2, 2015, short-term investments with maturities of 60 days or less were valued at amortized cost. Short-term investments with maturities in excess of 60 days were valued in the same manner as debt securities. Effective January 2, 2015, all short-term investments are valued in the
College Retirement Equities Fund ■ 2015 Annual Report | 85 |
Notes to financial statements
same manner as debt securities. Short-term investments are generally categorized in Level 2 of the fair value hierarchy.
The Money Market Account: The Money Market Account’s portfolio securities are valued on an amortized cost basis. Money Market investments are generally categorized in Level 2 of the fair value hierarchy.
Investments in registered investment companies: These investments are valued at their net asset value on the valuation date. These investments are categorized in Level 1 of the fair value hierarchy.
Futures contracts: Stock and bond index futures, which are traded on commodity exchanges, are valued at the last sale price as of the close of such commodity exchanges and are categorized in Level 1 of the fair value hierarchy.
Options: Purchased and written options listed or traded on a national market or exchange are valued at the last sale price as of the close of such exchange or at the mean of the closing bid and asked prices if no sale is reported. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy.
Credit default swap contracts: Credit default swap contracts are marked-to-market daily based upon a price utilized by a pricing service. Credit default swaps are generally categorized as Level 2 in the fair value hierarchy.
Any portfolio security for which market quotations are not readily available or for which the above valuation procedures are deemed not to reflect fair value are valued at fair value, as determined in good faith using procedures approved by the Board. To the extent the inputs are observable and timely, the values would be categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized as Level 3.
Transfers between levels are recognized at the end of the reporting period. For the year ended December 31, 2015, there were no material transfers between levels by the Accounts.
As of December 31, 2015, 100% of the value of investments in the Inflation-Linked Bond and Money Market Accounts were valued based on Level 2 inputs.
86 | 2015 Annual Report ■ College Retirement Equities Fund |
continued
The following table summarizes the market value of the Accounts’ investments as of December 31, 2015, based on the inputs used to value them (dollar amounts are in thousands):
Account | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Stock | ||||||||||||||||
Equity investments: | ||||||||||||||||
Consumer discretionary | $ | 11,342,172 | $ | 5,078,875 | $ | 485 | $ | 16,421,532 | ||||||||
Consumer staples | 6,594,223 | 3,387,975 | 692 | 9,982,890 | ||||||||||||
Energy | 4,536,613 | 1,791,824 | 1 | 6,328,438 | ||||||||||||
Financials | 13,269,965 | 8,869,676 | 641 | 22,140,282 | ||||||||||||
Health care | 11,428,618 | 3,284,888 | 5,447 | 14,718,953 | ||||||||||||
Industrials | 8,127,351 | 4,235,091 | 1,470 | 12,363,912 | ||||||||||||
Information technology | 16,207,865 | 2,952,484 | 531 | 19,160,880 | ||||||||||||
Materials | 2,550,770 | 2,297,197 | 5,772 | 4,853,739 | ||||||||||||
Telecommunication services | 1,638,093 | 1,470,858 | 497 | 3,109,448 | ||||||||||||
Utilities | 2,322,513 | 1,008,804 | 6 | 3,331,323 | ||||||||||||
Corporate bonds | — | — | 460 | 460 | ||||||||||||
Government bonds | — | 295 | — | 295 | ||||||||||||
Short-term investments | — | 5,035,878 | — | 5,035,878 | ||||||||||||
Futures** | (4 | ) | — | — | (4 | ) | ||||||||||
Total | $ | 78,018,179 | $ | 39,413,845 | $ | 16,002 | $ | 117,448,026 | ||||||||
Global Equities | ||||||||||||||||
Equity investments: | ||||||||||||||||
Asia | $ | — | $ | 1,555,041 | $ | — | $ | 1,555,041 | ||||||||
Australasia | — | 299,814 | — | 299,814 | ||||||||||||
Europe | 308,118 | 3,535,282 | — | 3,843,400 | ||||||||||||
North America | 10,654,311 | 513,779 | — | 11,168,090 | ||||||||||||
All other equity investments* | 137,101 | 1,367,098 | 4,673 | 1,508,872 | ||||||||||||
Short-term investments | — | 612,971 | — | 612,971 | ||||||||||||
Futures** | 109 | — | — | 109 | ||||||||||||
Total | $ | 11,099,639 | $ | 7,883,985 | $ | 4,673 | $ | 18,988,297 | ||||||||
Growth | ||||||||||||||||
Equity investments: | ||||||||||||||||
Consumer discretionary | $ | 5,029,135 | $ | 126,735 | $ | — | $ | 5,155,870 | ||||||||
Consumer staples | 1,567,225 | 45,222 | — | 1,612,447 | ||||||||||||
Health care | 3,671,588 | 59,083 | — | 3,730,671 | ||||||||||||
Industrials | 2,065,494 | 99,123 | — | 2,164,617 | ||||||||||||
Information technology | 6,918,799 | 48,731 | — | 6,967,530 | ||||||||||||
Telecommunication services | 209,359 | 15,133 | — | 224,492 | ||||||||||||
All other equity investments* | 2,070,036 | — | — | 2,070,036 | ||||||||||||
Short-term investments | 533,631 | 190,847 | — | 724,478 | ||||||||||||
Futures** | 47 | — | — | 47 | ||||||||||||
Total | $ | 22,065,314 | $ | 584,874 | $ | — | $ | 22,650,188 |
College Retirement Equities Fund ■ 2015 Annual Report | 87 |
Notes to financial statements
Account | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Equity Index | ||||||||||||||||
Equity investments: | ||||||||||||||||
Health care | $ | 2,396,794 | $ | — | $ | 16 | $ | 2,396,810 | ||||||||
Industrials | 1,724,717 | 12,596 | — | 1,737,313 | ||||||||||||
Telecommunication services | 353,642 | — | 118 | 353,760 | ||||||||||||
All other equity investments* | 11,797,184 | — | — | 11,797,184 | ||||||||||||
Short-term investments | 572,035 | — | — | 572,035 | ||||||||||||
Futures** | (72 | ) | — | — | (72 | ) | ||||||||||
Total | $ | 16,844,300 | $ | 12,596 | $ | 134 | $ | 16,857,030 | ||||||||
Bond Market | ||||||||||||||||
Bank loan obligations | $ | — | $ | 102,662 | $ | — | $ | 102,662 | ||||||||
Corporate bonds | — | 4,658,691 | — | 4,658,691 | ||||||||||||
Government bonds | — | 6,364,363 | — | 6,364,363 | ||||||||||||
Structured assets | — | 1,796,252 | — | 1,796,252 | ||||||||||||
Preferred Stocks | 6,945 | — | — | 6,945 | ||||||||||||
Short-term investments | — | 1,388,715 | — | 1,388,715 | ||||||||||||
Total | $ | 6,945 | $ | 14,310,683 | $ | — | $ | 14,317,628 | ||||||||
Social Choice | ||||||||||||||||
Equity investments: | ||||||||||||||||
Consumer discretionary | $ | 709,568 | $ | 313,399 | $ | — | $ | 1,022,967 | ||||||||
Consumer staples | 438,975 | 219,258 | — | 658,233 | ||||||||||||
Energy | 351,765 | 135,142 | — | 486,907 | ||||||||||||
Financials | 1,164,279 | 666,554 | — | 1,830,833 | ||||||||||||
Health care | 847,006 | 273,758 | — | 1,120,764 | ||||||||||||
Industrials | 543,381 | 298,519 | — | 841,900 | ||||||||||||
Information technology | 1,018,904 | 112,410 | — | 1,131,314 | ||||||||||||
Materials | 213,377 | 164,778 | — | 378,155 | ||||||||||||
Telecommunication services | 104,026 | 120,389 | — | 224,415 | ||||||||||||
Utilities | 183,659 | 93,018 | — | 276,677 | ||||||||||||
Bank loan obligations | — | 43,639 | — | 43,639 | ||||||||||||
Corporate bonds | — | 1,622,594 | — | 1,622,594 | ||||||||||||
Government bonds | — | 3,142,703 | — | 3,142,703 | ||||||||||||
Structured assets | — | 449,751 | — | 449,751 | ||||||||||||
Short-term investments | — | 791,170 | — | 791,170 | ||||||||||||
Total | $ | 5,574,940 | $ | 8,447,082 | $ | — | $ | 14,022,022 |
* | For detailed categories, see the accompanying Summary portfolio of investments. |
** | Derivative instruments, excluding purchased options, are not reflected in the Summary portfolio of investments. |
Note 3—derivative instruments
As defined by U.S. GAAP, a derivative is a financial instrument whose value is derived from an underlying security price, foreign exchange rate, interest rate, index of prices or rates, or other variables. Derivatives require little or no initial investment and permit or require net settlement. The Accounts value derivatives at fair value.
88 | 2015 Annual Report ■ College Retirement Equities Fund |
continued
At December 31, 2015, the following Accounts have invested in derivative contracts which are reflected in the Statements of Assets and Liabilities (dollar amounts are in thousands):
Asset derivatives | |||
Derivative contracts | Location | Fair value amount | |
Stock Account | |||
Equity contracts | Futures* | (4 | ) |
Global Equities Account | |||
Equity contracts | Futures* | 109 | |
Growth Account | |||
Equity contracts | Futures* | 47 | |
Equity Index Account | |||
Equity contracts | Futures* | (72 | ) |
* | The fair value presented includes cumulative gain (loss) on open futures contracts; however, the value reflected on the accompanying Statements of Assets and Liabilities is only the receivable for variation margin on open futures contracts. |
For the year ended December 31, 2015, the effect of derivative contracts on the Accounts’ Statements of Operations was as follows (dollar amounts are in thousands):
Change in | ||||||||||
unrealized | ||||||||||
Realized | appreciation | |||||||||
Derivative contracts | Location | gain (loss | ) | (depreciation | ) | |||||
Stock Account | ||||||||||
Equity contracts | Futures transactions | $13,656 | $(1,529 | ) | ||||||
Equity contracts | Purchased options | (894 | ) | — | ||||||
Equity contracts | Written options | 1,401 | — | |||||||
Global Equities Account | ||||||||||
Equity contracts | Futures transactions | 2,270 | (1,863 | ) | ||||||
Growth Account | ||||||||||
Equity contracts | Futures transactions | 7,325 | (1,104 | ) | ||||||
Equity Index Account | ||||||||||
Equity contracts | Futures transactions | 2,565 | 22 | |||||||
Inflation-Linked Bond Account | ||||||||||
Interest rate contracts | Futures transactions | 8 | — |
Futures contracts: Certain Accounts are subject to equity price risk in the normal course of pursuing their investment objectives. The Accounts use futures contracts to manage exposure to the equity markets and for cash management purposes to remain highly invested in these markets while minimizing transaction costs. Buying futures contracts tends to increase exposure to the underlying instrument/index, while selling futures contracts tends to decrease exposure to the underlying instrument/index or hedge other investments. Initial margin deposits are made upon entering into a futures contract, and variation margin receipts or payments are settled daily reflecting
College Retirement Equities Fund ■ 2015 Annual Report | 89 |
Notes to financial statements
changes in the value of the futures contracts. Daily changes in the value of such contracts are reflected in net unrealized gains and losses. Gains or losses are realized upon the expiration or closing of the futures contracts or if the counterparties do not perform in accordance with contractual provisions. With futures, there is minimal counterparty credit risk to the Accounts since futures are exchange-traded and the exchange’s clearinghouse, as counterparty to all exchange-traded funds, guarantees the futures against default. During the year ended December 31, 2015, the Stock Account, the Global Equities Account, the Growth Account, the Equity Index Account, and the Inflation-Linked Bond Account had exposure to futures contracts, based on underlying notional values, generally between 0% and 1% of net assets.
At December 31, 2015, the Accounts held the following open futures contracts (dollar amounts are in thousands):
Number of | Settlement | Expiration | Unrealized | ||||||||||||||||
Account | Futures | contracts | value | date | gain (loss | ) | |||||||||||||
Stock | S&P 500 Index E-Mini | 635 | $ 64,624 | March 2016 | $ 52 | ||||||||||||||
S&P Mid-Cap 400 E-Mini | 57 | 7,943 | March 2016 | (26 | ) | ||||||||||||||
Russell 2000 Mini Index | 53 | 5,997 | March 2016 | (30 | ) | ||||||||||||||
Total | 745 | $ 78,564 | $ (4 | ) | |||||||||||||||
Global Equities | S&P 500 Index E-Mini | 1,332 | 135,558 | March 2016 | 109 | ||||||||||||||
Growth | S&P 500 Index E-Mini | 1,250 | 127,213 | March 2016 | 47 | ||||||||||||||
Equity Index | S&P 500 Index E-Mini | 36 | 3,664 | March 2016 | (53 | ) | |||||||||||||
S&P Mid-Cap 400 E-Mini | 4 | 557 | March 2016 | (10 | ) | ||||||||||||||
Russell 2000 Mini Index | 4 | 453 | March 2016 | (9 | ) | ||||||||||||||
Total | 44 | $ 4,674 | $ (72 | ) |
Options: Certain Accounts are subject to equity price risk in the normal course of pursuing their investment objectives. To manage the risk, the Accounts may invest in both equity and index options. The Accounts use options contracts for hedging and cash management purposes and to seek to increase total return. Call and put equity options give the holder the right, in return for a premium paid, to purchase or sell, respectively, a security at a specified exercise price at any time during the period of the option. Index options are written or purchased options in which the underlying investment is a specified index. The exercise of an index option will not result in the physical delivery of the underlier, but a cash transfer of the difference between the settlement price of the underlier and the strike price of the option. Written options are separately reflected as a liability in the Statements of Assets and Liabilities. Premiums on unexercised, expired options are recorded as realized gains or losses; premiums on exercised options are recorded as an adjustment to the proceeds from the sale or cost of the purchase. The difference between the premium and the amount received or paid in a closing transaction is also treated as a realized gain or loss. Risks related to the use of options include possible illiquidity of the options markets, price movements in underlying security values, and losses that may exceed amounts recognized on the Statements of Assets and Liabilities. During the year ended December 31, 2015, the Stock Account had exposure to options, based on underlying nominal values, generally between 0% and 1% of net assets.
90 | 2015 Annual Report ■ College Retirement Equities Fund |
continued
There were no purchased or written options outstanding as of December 31, 2015.
Transactions in written options and related premiums received during the year ended December 31, 2015 were as follows:
Number of contracts | Premiums | |||||||
Stock Account | ||||||||
Outstanding at beginning of period | — | $ — | ||||||
Written | 28,324 | 5,318 | ||||||
Purchased | (4,836 | ) | (549 | ) | ||||
Exercised | (8,339 | ) | (3,293 | ) | ||||
Expired | (15,149 | ) | (1,476 | ) | ||||
Outstanding at end of period | — | $ — |
Credit default swap contracts: The Accounts are subject to credit risk in the normal course of pursuing their investment objectives. Credit default swaps can be settled either directly with the counterparty (bilateral) or through a central clearinghouse (centrally cleared). A credit default swap is a contract between a buyer and a seller of protection against pre-defined credit events for the reference entity. As a seller in a credit default swap contract, the Account is required to pay an agreed upon amount to the counterparty with the occurrence of a specified credit event, such as certain bankruptcies related to an underlying credit instrument, index, or issuer which would likely result in a loss to the Account. The agreed upon amount approximates the notional value of the swap and is estimated to be the maximum potential future payment that the Account could be required to make under the contract. In return, the Account receives from the counterparty a periodic stream of payments over the term of the contract provided that no credit event has occurred. If no credit event occurs, the Account keeps the stream of payments with no payment obligations. When the Account sells a credit default swap contract it will cover its commitment. This may be achieved by, among other methods, maintaining cash or liquid assets in a segregated account equal to the aggregate notional value of the reference entities for all outstanding credit default swap contracts sold by the Account.
The Account may also buy credit default swap contracts, in which case the Account functions as the counterparty referenced above. This involves the risk that the contract may expire worthless. Bilateral swaps involve counterparty risk that the seller may fail to satisfy its payment obligations to the Account with the occurrence of a credit event. Centrally cleared swaps have minimal counterparty credit risk to the Accounts as they are entered into with a central clearinghouse which guarantees the swap against default.
The value of a bilateral swap included in net assets is the unrealized gain or loss of the contract plus or minus any unamortized premiums paid or received, respectively. Appreciated swaps and premiums paid are reflected as assets, while depreciated swaps and premiums received are reflected as liabilities on the Statements of Assets and Liabilities. Centrally cleared swaps initial margin deposits are made, and variation margin payments are made or received reflecting daily changes in the value of the swap contract. The daily fluctuation in fair value is accounted for as a variation margin receivable or payable on the Statements of Assets and Liabilities.
College Retirement Equities Fund ■ 2015 Annual Report | 91 |
Notes to financial statements
Under the terms of the credit default swap contracts, the Account receives or makes quarterly payments based on a payment rate on a fixed notional amount. These payments are recorded as a realized gain or loss in the Statements of Operations. Payments received or made as a result of a credit event or termination of the contract are recognized as realized gains or losses. Daily changes in the value of such contracts are reflected in net unrealized gains and losses.
The Accounts (other than the Money Market Account) invest in credit default swaps to hedge or manage the risks associated with assets held in the Account and/or to facilitate the implementation of portfolio strategies to seek to increase the total return. During the year ended December 31, 2015, the Accounts had no exposure to credit default swap contracts.
There were no open credit default swap contracts outstanding as of December 31, 2015.
Note 4—investment adviser and affiliates
Investment advisory services for the Accounts are provided by TIAA-CREF Investment Management, LLC (“TCIM”) in accordance with an Investment Management Services Agreement. TCIM is a registered investment adviser and a wholly owned subsidiary of Teachers Insurance and Annuity Association of America (“TIAA”), a companion organization of CREF. Investment management expenses generally include investment management, portfolio accounting and custodial services and are the same across all classes of an Account.
Administrative services are provided to the Accounts by TIAA, pursuant to an Administrative Services Agreement with CREF. Distribution functions are provided to the Accounts by TIAA-CREF Individual & Institutional Services, LLC (“Services”), a wholly owned subsidiary of TIAA, pursuant to a Principal Underwriting and Distribution Services Agreement with CREF and the Rule 12b-1 plan. Teachers Personal Investors Services, Inc. (“TPIS”), a wholly owned subsidiary of TIAA, may also provide distribution functions for the Accounts on a limited basis. Participants invested in a particular CREF Account will be subject to different administrative and distribution expenses depending upon the class of the Account they own.
TIAA charges a mortality and expense charge of 0.005% to guarantee that CREF participants transferring Accounts to TIAA for the immediate purchase of lifetime payout annuities will not be charged more than the rate stipulated in the CREF contract. This charge is the same across all Accounts and classes.
The services provided by TCIM, Services, TPIS, and TIAA are provided to CREF at cost, and CREF also reimburses TCIM, Services, TPIS, and TIAA for certain third party expenses and trustee fees paid on its behalf. Payments from the CREF Accounts are made on a daily basis according to formulas established each year with the objective of keeping the estimated expenses as close as possible to each Account’s actual expenses. Any differences between actual expenses and the estimated expenses remitted are adjusted.
As of December 31, 2015, the following table represents the effective expense deductions as an annual percentage of average daily net assets to approximate the costs that CREF incurred:
92 | 2015 Annual Report ■ College Retirement Equities Fund |
continued
Investment management fee | Administrative service fee | Distribution fee | ||||||||||||||||||||||||||
Account | All classes | Class R1 | Class R2 | Class R3 | Class R1 | Class R2 | Class R3 | |||||||||||||||||||||
Stock | 0.142 | % | 0.301 | % | 0.237 | % | 0.164 | % | 0.111 | % | 0.093 | % | 0.066 | % | ||||||||||||||
Global Equities | 0.145 | 0.313 | 0.237 | 0.164 | 0.116 | 0.092 | 0.066 | |||||||||||||||||||||
Growth | 0.073 | 0.315 | 0.237 | 0.164 | 0.118 | 0.092 | 0.066 | |||||||||||||||||||||
Equity Index | 0.032 | 0.316 | 0.237 | 0.164 | 0.118 | 0.092 | 0.066 | |||||||||||||||||||||
Bond Market | 0.131 | 0.310 | 0.237 | 0.164 | 0.115 | 0.092 | 0.066 | |||||||||||||||||||||
Inflation-Linked Bond | 0.062 | 0.310 | 0.238 | 0.164 | 0.115 | 0.092 | 0.065 | |||||||||||||||||||||
Social Choice | 0.084 | 0.311 | 0.237 | 0.164 | 0.115 | 0.092 | 0.066 | |||||||||||||||||||||
Money Market | 0.061 | 0.316 | 0.237 | 0.164 | 0.118 | 0.092 | 0.066 |
For the year ended December 31, 2015, TIAA withheld (“waived”) a portion of the distribution Rule 12b-1 and as necessary, administrative expenses for the Money Market Account totaling $17,847,239 for Class R1 (inclusive of $10,134,557 prior to the creation of additional classes on April 24, 2015), $5,534,208 for Class R2 and $5,098,116 for Class R3. The withholding of expenses is voluntary in nature and can be discontinued at any time. Any expenses waived after October 1, 2010 are subject to possible recovery by TIAA from the Account for three years after the waiver. TIAA may recover from the Account a portion of the amounts waived at such time as the class’s daily yield would be positive absent the effect of the waiver, and in such event the amount of recovery on any day will be approximately 25% of the class’s yield (net of all expenses) on that day. As a result of the conversion, previously recoverable amounts have been allocated to the newly formed classes, using conversion date April 24, 2015 end of day net assets. As of December 31, 2015, the cumulative amount of expenses waived subject to recovery is $21,798,765 for Class R1, $28,634,806 for Class R2 and $42,496,983 for Class R3. The aggregate amounts waived and reimbursed during the current period are disclosed on the Statements of Operations.
Amounts owed to Account affiliates for payment of Account expenses, payments for units purchased, and receipt for units sold are disclosed as due to/from affiliates on the Statements of Assets and Liabilities. Account expenses owed to affiliates are reflected in the Statements of Operations.
The Accounts may purchase or sell investment securities in transactions with affiliated entities under procedures adopted by the Board, pursuant to the 1940 Act. These transactions are effected at market rates without incurring broker commissions. For the year ended December 31, 2015, the Accounts engaged in the following security transactions with affiliated entities (dollar amounts are in thousands):
Realized | ||||||||||||
Account | Purchases | Sales | gain (loss | ) | ||||||||
Stock | $269,191 | $ | 1,429,815 | $ | 254,283 | |||||||
Global Equities | 264,170 | 124,093 | 14,595 | |||||||||
Growth | 83,953 | 135,237 | 44,547 | |||||||||
Equity Index | 12,849 | 45,827 | 13,558 | |||||||||
Bond Market | 3,016 | — | — | |||||||||
Social Choice | 35,900 | 59,355 | 26,120 |
College Retirement Equities Fund ■ 2015 Annual Report | 93 |
Notes to financial statements
Companies in which an Account holds 5% or more of the outstanding voting shares are considered “affiliated companies” of the Account, pursuant to the 1940 Act. Information regarding transactions with affiliated companies is as follows (dollar amounts are in thousands):
Issue | Value at December 31, 2014 | Purchase cost | Sales proceeds | Realized gain (loss | ) | Dividend income | Shares at December 31, 2015 | Value at December 31, 2015 | |||||||||||||||
Stock Account | |||||||||||||||||||||||
Berry Plastics Group Inc | $ | 226,929 | $ | 44,761 | $ | 175,214 | $ 67,970 | $ — | — | ** | $ | — | |||||||||||
Papa Murphy’s Holdings Inc | 11,747 | 192 | 6,699 | 2,712 | — | — | ** | — | |||||||||||||||
Olin Corp | — | * | 148,333 | 2,983 | 209 | 1,788 | 9,585,042 | 165,438 | |||||||||||||||
$ | 238,676 | $ | 193,286 | $ | 184,896 | $ 70,891 | $ 1,788 | $ | 165,438 | ||||||||||||||
Growth Account | |||||||||||||||||||||||
TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust | $ | 417,995 | $ | 439,577 | $ | 323,941 | $ — | $ — | 533,630,785 | $ | 533,631 | ||||||||||||
Equity Index Account | |||||||||||||||||||||||
TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust | $ | 564,844 | $ | 256,227 | $ | 249,036 | $ — | $ — | 572,035,124 | $ | 572,035 |
* | Not an affiliate investment as of December 31, 2014 |
** | Not an affiliate investment as of December 31, 2015 |
Note 5—investments
Securities lending: Certain Accounts may lend their securities to qualified institutional borrowers to earn additional income. An Account receives collateral (in the form of cash, Treasury securities or other collateral permitted by applicable law) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of loaned securities during the period of the loan; any additional collateral required due to changes in security values is delivered to the Account the next business day. Cash collateral received by the Account will generally be invested in high-quality short-term instruments or in one or more funds maintained by the securities lending agent (“Agent”) for the purpose of investing cash collateral. The value of the loaned securities and the liability to return the cash collateral received are reflected in the Statements of Assets and Liabilities. As of December 31, 2015, securities lending transactions (with the exception of the Social Choice Account) are for equity securities, and the resulting loans are continuous, can be recalled at any time, and have no set maturity. For the Social Choice Account, all loans from securities lending transactions are continuous, can be recalled at any time, and have no set maturity, with $224,548,000 of equity securities pledged as collateral and $63,579,000 of fixed income securities pledged as collateral. Securities lending income recognized by the Accounts consists of earnings on invested collateral and lending fees, net of any rebates to the borrower and compensation to the Agent. Such income is reflected separately in
94 | 2015 Annual Report ■ College Retirement Equities Fund |
continued
the Statements of Operations. In lending its securities, an Account bears the market risk with respect to the investment of collateral and the risk that the Agent may default on its contractual obligations to the Account. The Agent bears the risk that the borrower may default on its obligation to return the loaned securities as the Agent is contractually obligated to indemnify the Account if at the time of a default by a borrower some or all of the loan securities have not been returned.
Repurchase agreements: Each Account may enter into repurchase agreements with banks or broker-dealers. Repurchase agreements involve the purchase of securities from an institution, subject to the seller’s agreement to repurchase and the Account’s agreement to resell such securities at a mutually agreed-upon price. Pursuant to the terms of the repurchase agreement, securities purchased subject to repurchase agreements must have an aggregate market value greater than or equal to the agreed-upon repurchase price plus accrued interest at all times. If the value of the underlying securities falls below the value of the repurchase price plus accrued interest, the Account will require the seller to deposit additional collateral by the next business day. If a request for additional collateral is not met, or if the seller defaults on its repurchase obligation, the Account maintains the right to sell the underlying securities at market value and pursue a claim for any remaining loss against the seller.
College Retirement Equities Fund ■ 2015 Annual Report | 95 |
Notes to financial statements
Securities purchased on a when-issued or delayed-delivery basis: The Accounts may purchase securities on a when-issued or delayed-delivery basis. Securities purchased or sold on a when-issued or delayed-delivery basis may be settled a month or more after trade date; interest income is not accrued until settlement date. At the time an Account enters into such transactions, it is required to have segregated assets with a current value at least equal to the amount of its when-issued or delayed-delivery purchase commitments.
Treasury Inflation-Protected Securities: The Accounts (other than the Money Market Account) may invest in Treasury Inflation-Protected Securities, specially structured bonds in which the principal amount is adjusted periodically to keep pace with inflation, as measured by the U.S. Consumer Price Index.
Mortgage dollar roll transactions: Some of the Accounts may enter into mortgage dollar rolls in which an Account sells mortgage securities for delivery in the current month, realizing a gain (loss), and simultaneously contracts to repurchase similar securities on a specified future date. During the roll period, an Account forgoes principal and interest paid on the securities. The Account is compensated by the interest earned on the cash proceeds of the initial sale and by the lower repurchase price at the future date. The difference between the sales proceeds and the lower repurchase price is recorded as a realized gain. The Account maintains a segregated account, the dollar value of which is at least equal to its obligations with respect to dollar rolls.
Restricted securities: Restricted securities held by the Accounts, if any, may not be sold except in exempt transactions or in a public offering registered under the Securities Act of 1933. The risk of investing in such securities is generally greater than the risk of investing in securities that are widely held and publicly traded.
Net unrealized appreciation (depreciation): At December 31, 2015, net unrealized appreciation (depreciation) based on the aggregate cost of portfolio investments for federal income tax purposes, consisting of gross unrealized appreciation and gross unrealized depreciation was as follows (dollar amounts are in thousands):
Gross | Gross | Net unrealized | ||||||||||
unrealized | unrealized | appreciation | ||||||||||
Account | appreciation | (depreciation | ) | (depreciation | ) | |||||||
Stock | $12,624,703 | $(9,092,338 | ) | $3,532,365 | ||||||||
Global Equities | 2,462,651 | (1,211,593 | ) | 1,251,058 | ||||||||
Growth | 4,986,074 | (616,622 | ) | 4,369,452 | ||||||||
Equity Index | 7,793,724 | (711,240 | ) | 7,082,484 | ||||||||
Bond Market | 150,648 | (237,903 | ) | (87,255 | ) | |||||||
Inflation-Linked Bond | 320,597 | (165,906 | ) | 154,691 | ||||||||
Social Choice | 2,190,136 | (474,365 | ) | 1,715,771 |
96 | 2015 Annual Report ■ College Retirement Equities Fund |
continued
Purchases and sales: Purchases and sales of securities (other than short-term instruments) for all of the Accounts for the year ended December 31, 2015 were as follows (dollar amounts are in thousands):
Stock Account | Global Equities Account | Growth Account | ||||||||||||||
Purchases: | ||||||||||||||||
Non-Government | $ | 62,359,085 | $ | 9,234,957 | $ | 10,268,769 | ||||||||||
Government | — | — | — | |||||||||||||
Total Purchases | $ | 62,359,085 | $ | 9,234,957 | $ | 10,268,769 | ||||||||||
Sales: | ||||||||||||||||
Non-Government | $ | 70,584,326 | $ | 9,388,868 | $ | 10,718,569 | ||||||||||
Government | — | — | — | |||||||||||||
Total Sales | $ | 70,584,326 | $ | 9,388,868 | $ | 10,718,569 |
Equity Index Account | Bond Market Account | Inflation-Linked Bond Account | Social Choice Account | |||||||||||||
Purchases: | ||||||||||||||||
Non-Government | $ | 898,368 | $ | 5,231,472 | $ | — | $ | 4,475,542 | ||||||||
Government | — | 34,226,451 | 397,748 | 11,396,941 | ||||||||||||
Total Purchases | $ | 898,368 | $ | 39,457,923 | $ | 397,748 | $ | 15,872,483 | ||||||||
Sales: | ||||||||||||||||
Non-Government | $ | 1,452,849 | $ | 5,052,681 | $ | — | $ | 4,999,721 | ||||||||
Government | — | 33,830,374 | 939,773 | 11,352,982 | ||||||||||||
Total Sales | $ | 1,452,849 | $ | 38,883,055 | $ | 939,773 | $ | 16,352,703 |
Note 6—line of credit
Each of the Accounts, except the Money Market Account, participates in a $1.5 billion unsecured revolving credit facility that can be used for temporary purposes, including, without limitation, the funding of participant withdrawals. This facility expired June 2015. A new facility was entered into on June 23, 2015 expiring June 21, 2016. Certain affiliated accounts and mutual funds, each of which is managed by TCIM, or an affiliate of TCIM, also participate in this facility. An annual commitment fee for the credit facility is borne by the participating accounts and mutual funds on a pro rata basis. Interest associated with any borrowing under the facility is charged to the borrowing accounts or mutual funds at a specified rate of interest. The Accounts are not liable for borrowings under the facility by other affiliated accounts or mutual funds. For the year ended December 31, 2015, there were no borrowings under this credit facility by the Accounts.
College Retirement Equities Fund ■ 2015 Annual Report | 97 |
Notes to financial statements | concluded |
Note 7—indemnification
In the normal course of business, each Account enters into contracts that contain a variety of representations and warranties and that provide general indemnities. An Account’s maximum exposure under these arrangements is unknown, as this would involve future claims against the Account that have not yet occurred. Also, under the Accounts’ organizational documents, the trustees and officers of the Accounts are indemnified against certain liabilities that may arise out of their duties to the Accounts. However, based on experience, the Accounts expect the risk of loss due to these warranties and indemnities to be unlikely.
Note 8—subsequent events
Effective January 12, 2016, certain classes of the Money Market Account began recouping prior waived expenses.
98 | 2015 Annual Report ■ College Retirement Equities Fund |
Report of independent registered public accounting firm
To the Board of Trustees and Participants of the College Retirement Equities Fund:
In our opinion, the accompanying statements of assets and liabilities, including the summary portfolios of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of the Stock Account, Global Equities Account, Growth Account, Equity Index Account, Bond Market Account, Inflation-Linked Bond Account, Social Choice Account, and Money Market Account (constituting the College Retirement Equities Fund, hereafter collectively referred to as the “Accounts”) at December 31, 2015, the results of each of their operations, the changes in each of their net assets and the financial highlights for each of the periods presented, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as “financial statements”) are the responsibility of the Accounts’ management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at December 31, 2015 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion.
/s/ PricewaterhouseCoopers LLP
Baltimore, Maryland
February 19, 2016
College Retirement Equities Fund ■ 2015 Annual Report | 99 |
Trustees and officers (unaudited)
College Retirement Equities Fund ■ December 31, 2015
Trustees
Name, address and year of birth (“YOB”) | Position(s) held with CREF | Term of office and length of time served | Principal occupation(s) during past 5 years | Number of portfolios in fund complex overseen by Trustee | Other directorship(s) held by Trustee | |||||
Forrest Berkley c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 YOB: 1954 | Trustee | Four-year term commencing 2014. Trustee since 2006. | Retired Partner (since 2006), Partner (1990–2005) and Head of Global Product Management (2003–2005), GMO (formerly, Grantham, Mayo, Van Otterloo & Co.) (investment management); and member of asset allocation portfolio management team, GMO (2003–2005). | 85 | Director, the Maine Coast Heritage Trust; Investment Committee member, Maine Community Foundation and the Elmina B. Sewall Foundation; and Trustee of the Maine Chapter of the Nature Conservancy. | |||||
Nancy A. Eckl c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 YOB: 1962 | Trustee | Four-year term commencing 2014. Trustee since 2007. | Vice President (1990–2006), American Beacon Advisors, Inc., and Vice President of certain funds advised by American Beacon Advisors, Inc. | 85 | Independent Director, The Lazard Funds, Inc., Lazard Retirement Series, Inc., Lazard Global Total Return and Income Fund, Inc. and Lazard World Dividend & Income Fund, Inc. | |||||
Michael A. Forrester c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 YOB: 1967 | Trustee | Four-year term commencing 2014. Trustee since 2007. | Chief Executive Officer (since 2014) and Chief Operating Officer (2007–2014), Copper Rock Capital Partners, LLC; Chief Operating Officer, DDJ Capital Management (2003–2006). | 85 | Director of Copper Rock Capital Partners, LLC (investment adviser). |
100 | 2015 Annual Report ■ College Retirement Equities Fund |
Howell E. Jackson c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 YOB: 1954 | Chairman of the Board and Trustee | Four-year term commencing 2014. Trustee since 2005; Chairman for term ending December 31, 2018, Chairman since 2013. | James S. Reid, Jr. Professor of Law (since 2004), Senior Advisor to the President and Provost (2010–2012), Acting Dean (2009), Vice Dean for Budget (2003–2006) and on the faculty (since 1989) of Harvard Law School. | 85 | Director, D2D Fund. | |||||
Thomas J. Kenny c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 YOB: 1963 | Trustee | Four-year term commencing 2014. Trustee since 2011. | Partner (2004–2010) and Managing Director (1999–2004), Goldman Sachs Asset Management. | 85 | Director, Aflac Insurance. Inc., Sansum Clinic and cielo24; Investment committee member, Cottage Health System; Member, University of California at Santa Barbara Arts and Lectures Advisory Council; Trustee and Chairman, Crane Country Day School. | |||||
Bridget A. Macaskill c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 YOB: 1948 | Trustee | Four-year term commencing 2014. Trustee since 2003. | Chief Executive Officer (since 2010), President (since 2009) and Chief Operating Officer (2009–2010), First Eagle Investment Management, LLC; Principal, BAM Consulting LLC (2003–2009); Independent Consultant for Merrill Lynch (2003–2009). | 85 | Director, Arnhold and S. Bleichroeder Holdings; First Eagle Investment Management, LLC; Jupiter Fund Management plc; American Legacy Foundation (Investment Committee); University of Edinburgh (Campaign Board); the North Shore Land Alliance, Prep for Prep; and Close Brothers Group plc. | |||||
James M. Poterba c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 YOB: 1958 | Trustee | Four-year term commencing 2014. Trustee since 2006. | President and Chief Executive Officer, National Bureau of Economic Research (“NBER”) (since 2008); Affiliated Faculty Member of the Finance Group at the Alfred P. Sloan School of Management, Massachusetts Institute of Technology (“MIT”) (since 2014); Mitsui Professor of Economics, MIT (since 1996); Head (2006–2008) and Associate Head (1994–2000 and 2001–2006), Economics Department of MIT; and Program Director, NBER (1990–2008). | 85 | Director, The Alfred P. Sloan Foundation and National Bureau of Economic Research; Member, Congressional Budget Office Panel of Economic Advisers. |
College Retirement Equities Fund ■ 2015 Annual Report | 101 |
Trustees and officers (unaudited) | continued |
College Retirement Equities Fund ■ December 31, 2015 |
Trustees — concluded
Name, address and year of birth (“YOB”) | Position(s) held with CREF | Term of office and length of time served | Principal occupation(s) during past 5 years | Number of portfolios in fund complex overseen by Trustee | Other directorship(s) held by Trustee | |||||
Maceo K. Sloan c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 YOB: 1949 | Trustee | Four-year term commencing 2014. Trustee since 1991. | Chairman, President and Chief Executive Officer, Sloan Financial Group, Inc. (since 1991); Chairman and Chief Executive Officer (since 1991) and Chief Investment Officer (1991–2013), NCM Capital Management Group, Inc.; Chairman and Chief Executive Officer (since 2003) and Chief Investment Officer (2003–2013), NCM Capital Advisers Inc.; and Chairman, President and Principal Executive Officer, NCM Capital Investment Trust (2007–2012). | 85 | Director, SCANA Corporation (energy holding company). | |||||
Laura T. Starks c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 YOB: 1950 | Trustee | Four-year term commencing 2014. Trustee since 2006. | Associate Dean for Research (since 2011), McCombs School of Business, University of Texas at Austin (“McCombs”), and Director, AIM Investment Center at McCombs (since 2000). Charles E. and Sarah M. Seay Regents Chair in Finance (since 2002) and Professor, University of Texas at Austin (since 1987). Chairman, Department of Finance, University of Texas at Austin (2002–2011). | 85 | Member of the Board of Governors of the Investment Company Institute, the Governing Council of Independent Directors Council (an association for mutual fund directors); and Investment Advisory Committee, Employees Retirement System of Texas. |
102 | 2015 Annual Report ■ College Retirement Equities Fund |
Officers
Name, address and year of birth (“YOB”) | Position(s) held with CREF | Term of office and length of time served | Principal occupation(s) during past 5 years | |||
Richard S. Biegen TIAA-CREF 730 Third Avenue New York, NY 10017-3206 YOB: 1962 | Chief Compliance Officer | One-year term. Vice President and Chief Compliance Officer since 2008. | Managing Director, Senior Compliance officer of Teachers Insurance and Annuity Association of America (“TIAA”). Chief Compliance Officer of the College Retirement Equities Fund (“CREF”), TIAA Separate Account VA-1, TIAA-CREF Funds, and TIAA-CREF Life Funds (collectively, the “TIAA-CREF Fund Complex”). | |||
Carol W. Deckbar TIAA-CREF 730 Third Avenue New York, NY 10017-3206 YOB: 1962 | Executive Vice President | One-year term. Executive Vice President since 2013. | Executive Vice President of TIAA, President and Chief Executive Officer of TIAA-CREF Asset Management LLC (“TCAM”) and Executive Vice President of the TIAA-CREF Fund Complex. | |||
Roger W. Ferguson, Jr. TIAA-CREF 730 Third Avenue New York, NY 10017-3206 YOB: 1951 | President and Chief Executive Officer | One-year term. President and Chief Executive Officer since 2008. | President and Chief Executive Officer of TIAA, CREF and TIAA Separate Account VA-1. | |||
Phillip G. Goff TIAA-CREF 730 Third Avenue New York, NY 10017-3206 YOB: 1963 | Treasurer | One-year term. Treasurer since 2008. | Senior Vice President, Corporate Controller of TIAA. Treasurer of CREF; Chief Financial Officer, Principal Accounting Officer and Treasurer of TIAA Separate Account VA-1; Principal Financial Officer, Principal Accounting Officer and Treasurer of the TIAA-CREF Funds and TIAA-CREF Life Funds. | |||
Stephen Gruppo TIAA-CREF 730 Third Avenue New York, NY 10017-3206 YOB: 1959 | Executive Vice President | One-year term. Executive Vice President since 2009. | Executive Vice President, Chief Risk Officer of TIAA. Executive Vice President of the TIAA-CREF Fund Complex. |
College Retirement Equities Fund ■ 2015 Annual Report | 103 |
Trustees and officers (unaudited) | concluded |
College Retirement Equities Fund ■ December 31, 2015 |
Officers — concluded
Name, address and year of birth (“YOB”) | Position(s) held with CREF | Term of office and length of time served | Principal occupation(s) during past 5 years | |||
Robert G. Leary TIAA-CREF 730 Third Avenue New York, NY 10017-3206 YOB: 1961 | Executive Vice President | One-year term. Executive Vice President since 2013. | Executive Vice President, Asset Management Chief Executive Officer of TIAA, Principal Executive Officer and Executive Vice President of CREF and VA-1. Principal Executive Officer and President of TIAA-CREF Funds and TIAA-CREF Life Funds. Prior to joining TIAA, Mr. Leary served as a Representative, Securities Research, Inc., President and Chief Operating Officer, U.S., ING Americas, Chief Executive Officer, ING Insurance US, and Chairman and Chief Executive Officer, ING Investment Management, Americas. | |||
J. Keith Morgan TIAA-CREF 730 Third Avenue New York, NY 10017-3206 YOB: 1951 | Executive Vice President | One-year term. Executive Vice President since 2015. | Executive Vice President and Chief Legal Officer of TIAA and Executive Vice President of the TIAA-CREF Fund Complex. Prior to joining TIAA, Mr. Morgan served Founder and Chief Executive Officer of Morris Lane Capital LLC (consultant), and as Senior Vice President and General Counsel of General Electric Capital Corporation. | |||
Ronald R. Pressman TIAA-CREF 730 Third Avenue New York, NY 10017-3206 YOB: 1958 | Executive Vice President | One-year term. Executive Vice President since 2012. | Executive Vice President, Institutional Financial Services Chief Executive Officer of TIAA, and Executive Vice President of the TIAA-CREF FundComplex. Prior to joining TIAA, Mr. Pressman served as President and Chief Executive Officer of General Electric Capital Real Estate. | |||
Phillip T. Rollock TIAA-CREF 730 Third Avenue New York, NY 10017-3206 YOB: 1962 | Senior Managing Director and Corporate Secretary | One-year term. Senior Managing Director since 2013 and Corporate Secretary since 2012. | Senior Managing Director, Corporate Secretary of TIAA and the TIAA-CREF Fund Complex. |
104 | 2015 Annual Report ■ College Retirement Equities Fund |
Otha T. Spriggs, III TIAA-CREF 730 Third Avenue New York, NY 10017-3206 YOB: 1951 | Executive Vice President | One-year term. Executive Vice President since 2012. | Executive Vice President and Chief Human Resources Officer of TIAA and Executive Vice President of the TIAA-CREF Fund Complex. Prior to joining TIAA, Mr. Spriggs served as Senior Vice President of Human Resources, Boston Scientific; President of Integrated People Solutions; Senior Vice President, Human Resources and various human resources leadership roles, CIGNA Corp. | |||
Edward D. Van Dolsen TIAA-CREF 730 Third Avenue New York, NY 10017-3206 YOB: 1958 | Executive Vice President | One-year term. Executive Vice President since 2006. | Executive Vice President, Individual Financial Services Chief Executive Officer of TIAA, and Executive Vice President of the TIAA-CREF Fund Complex. | |||
Constance K. Weaver TIAA-CREF 730 Third Avenue New York, NY 10017-3206 YOB: 1952 | Executive Vice President | One-year term. Executive Vice President since 2010. | Executive Vice President, Chief Marketing Officer of TIAA and Executive Vice President of the TIAA-CREF Fund Complex. Prior to joining TIAA, Ms. Weaver served as Senior Vice President, The Hartford Financial Services Group, Inc. | |||
Virginia M. Wilson TIAA-CREF 730 Third Avenue New York, NY 10017-3206 YOB: 1954 | Executive Vice President, Chief Financial Officer and Principal Accounting Officer | One-year term. Executive Vice President, Chief Financial Officer and Principal Accounting Officer since 2010. | Executive Vice President, Chief Financial Officer of TIAA and Executive Vice President, Chief Financial Officer and Principal Accounting Officer of CREF. Prior to joining TIAA, Ms. Wilson served as Executive Vice President and Chief Financial Officer, Wyndham Worldwide Corporation. |
Please note that CREF’s Statement of Additional Information (SAI) includes additional information about CREF’s trustees and is available, without charge, through our website, tiaa-cref.org, or by calling 877 518-9161.
College Retirement Equities Fund ■ 2015 Annual Report | 105 |
Additional information about index providers (unaudited)
Russell Indexes
The Russell 1000® Index, the Russell 1000 Growth Index and the Russell 3000® Index are trademarks/service marks of the Russell Investment Group. The Russell Investment Group is the owner of the copyrights relating to the Russell Indexes and is the source and owner of the data contained or reflected in the performance values relating to the Russell Indexes. The accounts are not promoted by, nor in any way affiliated with, the Russell Investment Group. The Russell Investment Group is not responsible for and has not reviewed the accounts nor any associated literature or publications and the Russell Investment Group makes no representation or warranty, express or implied, as to their accuracy, or completeness.
Russell reserves the right, at any time and without notice, to alter, amend, terminate or in any way change the Russell Indexes. Russell has no obligation to take the needs of any particular account or its participants or any other product or person into consideration in determining, composing or calculating any of the Russell Indexes.
Russell’s publication of the Russell Indexes in no way suggests or implies an opinion by Russell as to the attractiveness or appropriateness of investment in any or all securities upon which the Russell Indexes are based. RUSSELL MAKES NO REPRESENTATION, WARRANTY OR GUARANTEE REGARDING THE USE OR THE RESULTS OF USE OF THE RUSSELL INDEXES OR ANY DATA INCLUDED THEREIN, OR ANY SECURITIES (OR COMBINATION THEREOF) COMPRISING THE RUSSELL INDEXES. RUSSELL MAKES NO OTHER EXPRESS OR IMPLIED WARRANTY, AND EXPRESSLY DISCLAIMS ANY WARRANTY, OF ANY KIND, INCLUDING WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE RUSSELL INDEX(ES) OR ANY DATA OR ANY SECURITY (OR COMBINATION THEREOF) INCLUDED THEREIN.
MSCI Indexes
The accounts are not sponsored, endorsed, sold or promoted by MSCI Inc. (“MSCI”), any of its affiliates, any of its information providers or any other third party involved in, or related to, compiling, computing or creating any MSCI index (collectively, the “MSCI Parties”). The MSCI indexes are the exclusive property of MSCI. MSCI and the MSCI index names are service marks of MSCI or its affiliates and have been licensed for use for certain purposes by Teachers Advisors, Inc. None of the MSCI parties makes any representation or warranty, express or implied, to the issuer or owners of these accounts or any other person or entity regarding the advisability of investing in accounts generally or in these accounts particularly or the ability of any MSCI index to track corresponding stock market performance. MSCI or its affiliates are the licensors of certain trademarks, service marks and trade names and of the MSCI indexes which are determined, composed and calculated by MSCI without regard to these accounts or the issuer or owners of these accounts or any other person or entity. None of the MSCI parties has any obligation to take the needs of the issuer or owners of these accounts or any other person or entity into consideration in determining, composing or calculating the MSCI indexes. None of the MSCI parties is responsible for or has participated in the determination of the timing of, prices at, or quantities of these
106 | 2015 Annual Report ■ College Retirement Equities Fund |
Additional information about index providers (unaudited) | concluded |
accounts to be issued or in the determination or calculation of the equation by or the consideration into which these accounts is redeemable. Further, none of the MSCI parties has any obligation or liability to the issuer or owners of these accounts or any other person or entity in connection with the administration, marketing or offering of these accounts.
ALTHOUGH MSCI SHALL OBTAIN INFORMATION FOR INCLUSION IN OR FOR USE IN THE CALCULATION OF THE MSCI INDEXES FROM SOURCES THAT MSCI CONSIDERS RELIABLE, NONE OF THE MSCI PARTIES WARRANTS OR GUARANTEES THE ORIGINALITY, ACCURACY AND/OR THE COMPLETENESS OF ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. NONE OF THE MSCI PARTIES MAKES ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE ISSUER OF THESE ACCOUNTS, OWNERS OF THESE ACCOUNTS, OR ANY OTHER PERSON OR ENTITY, FROM THE USE OF ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. NONE OF THE MSCI PARTIES SHALL HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS OR INTERRUPTIONS OF OR IN CONNECTION WITH ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. FURTHER, NONE OF THE MSCI PARTIES MAKES ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND, AND THE MSCI PARTIES HEREBY EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO EACH MSCI INDEX AND ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL ANY OF THE MSCI PARTIES HAVE ANY LIABILITY FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL OR ANY OTHER DAMAGES (INCLUDING LOST PROFITS) EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
No purchaser, seller or holder of these securities, products or accounts, or any other person or entity, should use or refer to any MSCI trade name, trademark or service mark to sponsor, endorse, market or promote these securities without first contacting MSCI to determine whether MSCI’s permission is required. Under no circumstances may any person or entity claim any affiliation with MSCI without the prior written permission of MSCI.
College Retirement Equities Fund ■ 2015 Annual Report | 107 |
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TIAA-CREF website
Account performance, personal account information and transactions, product descriptions, and information about investment choices and income options
tiaa-cref.org 24 hours a day, 7 days a week
Automated telephone service
Check account performance and accumulation balances, change allocations, transfer funds and verify credited premiums
800 842-2252 24 hours a day, 7 days a week
National contact center
Retirement saving and planning, income options and payments, beneficiary services and tax reporting
800 842-2252 8 a.m. to 10 p.m. (ET), Monday–Friday
Planning and service center
TIAA-CREF mutual funds
800 223-1200 8 a.m. to 10 p.m. (ET), Monday–Friday
|
Insurance planning center
After-tax annuities and life insurance For an existing policy or contract
800 223-1200
To apply for a new policy or contract
877 825-0411 8 a.m. to 8 p.m. (ET), Monday–Friday
For the hearing- or speech-impaired
800 842-2755 8 a.m. to 10 p.m. (ET), Monday–Friday
TIAA-CREF brokerage services
Self-directed brokerage accounts for investing in stocks, bonds and mutual funds
800 927-3059 8 a.m. to 7 p.m. (ET), Monday–Friday
TIAA-CREF Trust Company, FSB
Asset management, trust administration, estate planning, planned giving and endowment management
888 842-9001 9 a.m. to 6 p.m. (ET), Monday–Friday
Advisor services
888 842-0318 8 a.m. to 7:30 p.m. (ET), Monday–Friday |
You should carefully consider the investment objectives, risks, charges and expenses of any account before investing. For a prospectus that contains this and other important information, please visit tiaa-cref.org, or call 877 518-9161. Please read the prospectus carefully before investing. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not bank deposits, are not insured by any federal government agency, are not a condition to any | banking service or activity, and may lose value. TIAA-CREF Brokerage Services is a division of TIAA-CREF Individual & Institutional Services, LLC. TIAA-CREF Individual & Institutional Services, LLC, and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products. Insurance and annuity products are issued by TIAA-CREF Life Insurance Company, New York, NY. TIAA-CREF Trust Company, FSB provides trust services. | |
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Item 2. Code of Ethics.
2(a) The Board of Trustees of the College Retirement Equities Fund (the “Registrant”) has adopted a code of ethics for senior financial officers, including the Registrant’s principal executive officer, principal financial officer, principal accounting officer, or controller, and persons performing similar functions, in conformity with rules promulgated under the Sarbanes-Oxley Act of 2002.
2(b) No response required.
2(c) During the reporting period, there were no amendments to the code of ethics.
2(d) During the reporting period, there were no implicit or explicit waivers granted by the Registrant from any provision of the code of ethics.
2(e) Not applicable.
2(f) A copy of the current code of ethics is filed as an exhibit to this Form N-CSR.
Item 3. Audit Committee Financial Expert.
3(a)(1) The Registrant’s Board of Trustees has determined that the Registrant has at least one audit committee financial expert serving on its Audit and Compliance Committee.
3(a)(2) Nancy A. Eckl is the Registrant’s audit committee financial expert and is “independent” for purposes of Item 3 of Form N-CSR.
Item 4. Principal Accountant Fees and Services.
PricewaterhouseCoopers LLP (“PwC”) performs independent audits of the Registrant’s financial statements. To maintain auditor independence and avoid the appearance of conflicts of interest, the Registrant, as a policy, does not engage PwC for management advisory or consulting services.
4(a) Audit Fees.
For the fiscal years ended December 31, 2015 and December 31, 2014, PwC’s aggregate fees for the audit of the Registrant’s annual financial statements were $788,300 and $709,100, respectively.
4(b) Audit Related Fees.
For the fiscal years ended December 31, 2015 and December 31, 2014, PwC’s aggregate fees for services related to the performance of the audit of the Registrant’s annual financial statements were $0 and $0, respectively.
For the fiscal years ended December 31, 2015 and December 31, 2014, the Audit-Related Fees billed by PwC to Teachers Advisors, Inc. (“Advisors”) or to any entity controlling, controlled by or under common control with Advisors that provides ongoing services to the Registrant (collectively, “Fund Service Providers”) were $0 and $0, respectively.
4(c) Tax Fees.
For the fiscal years ended December 31, 2015 and December 31, 2014, PwC’s aggregate fees for tax services billed to the Registrant were $253,751 and $0, respectively.
For the fiscal years ended December 31, 2015 and December 31, 2014, PwC’s aggregate fees for tax services billed to the Fund Service Providers were $0 and $0, respectively.
4(d) All Other Fees.
For the fiscal years ended December 31, 2015 and December 31, 2014, PwC’s aggregate fees for all other services billed to the Registrant were $27,000 and $19,500, respectively.
For the fiscal years ended December 31, 2015 and December 31, 2014, PwC’s aggregate fees for all other services billed to the Fund Service Providers were $0 and $0, respectively.
4(e)(1) Preapproval Policy.
The Registrant’s audit and compliance committee (“Audit Committee”) has adopted a Preapproval Policy for External Audit Firm Services (the “Policy”). The Policy describes the types of services that may be provided by the independent auditor to the Registrant and certain of its affiliates without impairing the auditor’s independence. Under the Policy, the Audit Committee is required to preapprove all services to be performed by the Registrant’s independent auditor in order to ensure that such services do not impair the auditor’s independence.
The Policy requires the Audit Committee to: (i) appoint the independent auditor to perform the financial statements audit for the Registrant and certain of its affiliates, including approving the terms of the engagement, and (ii) preapprove the audit, audit-related, tax and other services to be provided by the independent auditor to the Registrant and certain of its affiliates and the fees to be charged for provision of such services from year to year.
4(e)(2) Services provided pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X (the “de minimis exception”):
Audit-Related Fees:
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception for the fiscal years ended December 31, 2015 and December 31, 2014 on behalf of the Registrant.
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception for the fiscal years ended December 31, 2015 and December 31, 2014 on behalf of the Fund Service Providers that relate directly to the operations and financial reporting of the Registrant.
Tax Fees:
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception for the fiscal years ended December 31, 2015 and December 31, 2014 on behalf of the Registrant.
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception for the fiscal years ended December 31, 2015 and December 31, 2014 on behalf of the Fund Service Providers that relate directly to the operations and financial reporting of the Registrant.
All Other Fees:
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception for the fiscal years ended December 31, 2015 and December 31, 2014 on behalf of the Registrant.
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception for the fiscal year ended December 31, 2015 and December 31, 2014 on behalf of the Fund Service Providers that relate directly to the operations and financial reporting of the Registrant.
4(f) The percentage of hours expended by PwC’s engagement to audit the Registrant’s financial statements for the most recent fiscal year attributable to work performed by persons other than PwC’s full-time, permanent employees was less than 50%.
4(g) Non-Audit Fees for Related Entities.
For the fiscal years ended December 31, 2015 and December 31, 2014, aggregate non-audit fees billed to the Registrant and to its Fund Service Providers by PwC were $399,000 and $277,000, respectively.
4(h) The Registrant’s Audit Committee has considered whether the non-audit services that were rendered by PwC to the Registrant’s Fund Service Providers that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X are compatible with maintaining PwC’s independence.
Item 5. Audit Committee of Listed Registrants.
Not Applicable.
Item 6. Schedule of Investments.
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
COLLEGE RETIREMENT EQUITIES FUND
STOCK ACCOUNT
SCHEDULE OF INVESTMENTS
December 31, 2015
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
BONDS - 0.0% | ||||||||||||||||
CORPORATE BONDS - 0.0% | ||||||||||||||||
CAPITAL GOODS - 0.0% | ||||||||||||||||
BRL | 31,135 | j,m | PDG Realty S.A. Empreendimentos e Participacoes | 0.000 | % | 09/19/16 | $ | 0 | ^ | |||||||
TOTAL CAPITAL GOODS | 0 | ^ | ||||||||||||||
DIVERSIFIED FINANCIALS - 0.0% | ||||||||||||||||
$ | 466,000 | m | Asia Pacific Investment Partners | 8.000 | 04/29/16 | 440 | ||||||||||
TOTAL DIVERSIFIED FINANCIALS | 440 | |||||||||||||||
FOOD, BEVERAGE & TOBACCO - 0.0% | ||||||||||||||||
BRL | 800 | m | Marfrig Global Foods S.A. | 1.000 | 01/25/17 | 20 | ||||||||||
TOTAL FOOD, BEVERAGE & TOBACCO | 20 | |||||||||||||||
TOTAL CORPORATE BONDS | 460 | |||||||||||||||
(Cost $520) | ||||||||||||||||
GOVERNMENT BONDS - 0.0% | ||||||||||||||||
U.S. TREASURY SECURITIES - 0.0% | ||||||||||||||||
$ | 300,000 | United States Treasury Note | 1.750 | 05/15/22 | 295 | |||||||||||
TOTAL U.S. TREASURY SECURITIES | 295 | |||||||||||||||
TOTAL GOVERNMENT BONDS | 295 | |||||||||||||||
(Cost $302) | ||||||||||||||||
TOTAL BONDS | 755 | |||||||||||||||
(Cost $822) | ||||||||||||||||
SHARES | COMPANY | |||||||||||||||
COMMON STOCKS - 99.4% | ||||||||||||||||
AUTOMOBILES & COMPONENTS - 2.4% | ||||||||||||||||
56,085 | Actron Technology Corp | 193 | ||||||||||||||
284,400 | Aisan Industry Co Ltd | 2,920 | ||||||||||||||
734,301 | Aisin Seiki Co Ltd | 31,603 | ||||||||||||||
67,200 | e | Akebono Brake Industry Co Ltd | 167 | |||||||||||||
415,603 | * | American Axle & Manufacturing Holdings, Inc | 7,871 | |||||||||||||
467,763 | Apollo Tyres Ltd | 1,099 | ||||||||||||||
58,615 | e | ARB Corp Ltd | 685 | |||||||||||||
62,865 | * | Asahi India Glass Ltd | 154 |
1 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
14,821 | AtlasBX Co Ltd | $ | 515 | |||||||
3,620 | e | Autoliv, Inc | 452 | |||||||
9,376 | Autoneum Holding AG. | 1,888 | ||||||||
139,943 | Bajaj Holdings and Investment Ltd | 5,339 | ||||||||
38,049 | * | Balkrishna Industries Ltd | 372 | |||||||
392,799 | Bayerische Motoren Werke AG. | 41,382 | ||||||||
15,301 | Bayerische Motoren Werke AG. (Preference) | 1,280 | ||||||||
123,163 | Bharat Forge Ltd | 1,654 | ||||||||
488,167 | BorgWarner, Inc | 21,103 | ||||||||
12,452 | Bosch Ltd | 3,502 | ||||||||
151,439 | Brembo S.p.A. | 7,316 | ||||||||
906,042 | Bridgestone Corp | 31,078 | ||||||||
6,407,900 | e | Brilliance China Automotive Holdings Ltd | 8,015 | |||||||
831,200 | *,e | Byd Co Ltd | 4,534 | |||||||
596,000 | Calsonic Kansei Corp | 5,254 | ||||||||
82,493 | * | Ceat Ltd | 1,306 | |||||||
590,000 | *,e | Chaowei Power Holdings Ltd | 415 | |||||||
1,807,200 | Cheng Shin Rubber Industry Co Ltd | 2,921 | ||||||||
509,000 | China Motor Corp | 335 | ||||||||
2,891,645 | Chongqing Changan Automobile Co Ltd | 6,367 | ||||||||
188,207 | Cie Automotive S.A. | 3,152 | ||||||||
170,076 | Compagnie Plastic-Omnium S.A. | 5,406 | ||||||||
205,146 | Continental AG. | 49,627 | ||||||||
275,887 | Cooper Tire & Rubber Co | 10,442 | ||||||||
82,031 | * | Cooper-Standard Holding, Inc | 6,365 | |||||||
32,341 | Cub Elecparts, Inc | 385 | ||||||||
20,201 | Dae Won Kang Up Co Ltd | 83 | ||||||||
26,700 | Daido Metal Co Ltd | 245 | ||||||||
76,967 | e | Daihatsu Motor Co Ltd | 1,038 | |||||||
71,200 | Daikyonishikawa Corp | 1,318 | ||||||||
1,754,793 | Daimler AG. (Registered) | 146,620 | ||||||||
526,934 | e | Dana Holding Corp | 7,272 | |||||||
3,525,984 | Delphi Automotive plc | 302,283 | ||||||||
473,901 | Denso Corp | 22,646 | ||||||||
282,000 | Depo Auto Parts Ind Co Ltd | 970 | ||||||||
18,566 | Dong Ah Tire & Rubber Co Ltd | 377 | ||||||||
10,475,050 | Dongfeng Motor Group Co Ltd | 13,876 | ||||||||
26,000 | Dongyang Mechatronics Corp | 154 | ||||||||
67,502 | *,e | Dorman Products, Inc | 3,204 | |||||||
232,500 | Double Coin Holdings Ltd | 301 | ||||||||
2,319,000 | Drb-Hicom BHD | 668 | ||||||||
59,937 | Drew Industries, Inc | 3,650 | ||||||||
22,000 | Eagle Industry Co Ltd | 402 | ||||||||
1,103 | EGE Endustri VE Ticaret AS. | 119 | ||||||||
27,514 | e | ElringKlinger AG. | 698 | |||||||
29,582 | Exedy Corp | 715 | ||||||||
315,480 | * | Exide Industries Ltd | 696 | |||||||
723,547 | Faurecia | 28,992 | ||||||||
35,100 | FCC Co Ltd | 747 | ||||||||
385,108 | Federal Corp | 177 | ||||||||
83,202 | *,e | Federal Mogul Corp (Class A) | 570 | |||||||
2,278,302 | *,e | Fiat DaimlerChrysler Automobiles NV | 31,641 |
2 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
10,334,413 | Ford Motor Co | $ | 145,612 | |||||||
47,411 | Ford Otomotiv Sanayi AS | 492 | ||||||||
35,032 | * | Fox Factory Holding Corp | 579 | |||||||
748,725 | Fuji Heavy Industries Ltd | 30,845 | ||||||||
42,597 | Futaba Industrial Co Ltd | 203 | ||||||||
7,993,675 | e | Geely Automobile Holdings Ltd | 4,224 | |||||||
7,950,000 | *,m | General Motors Co | 0 | ^ | ||||||
85,268,000 | *,e,m | General Motors Co | 0 | ^ | ||||||
722,689 | *,e,m | General Motors Co | 0 | ^ | ||||||
24,057,000 | *,m | General Motors Co | 0 | ^ | ||||||
3,815,649 | General Motors Co | 129,770 | ||||||||
4,230,271 | *,e,m | General Motors Co | 0 | ^ | ||||||
26,439,191 | *,m | General Motors Co | 0 | ^ | ||||||
6,062,000 | *,m | General Motors Co | 0 | ^ | ||||||
40,684,487 | *,m | General Motors Co | 0 | ^ | ||||||
18,507,434 | *,m | General Motors Co | 0 | ^ | ||||||
35,983,677 | *,m | General Motors Co | 0 | ^ | ||||||
840,196 | Gentex Corp | 13,452 | ||||||||
135,025 | * | Gentherm, Inc | 6,400 | |||||||
1,788,405 | GKN plc | 8,116 | ||||||||
30,201 | Global & Yuasa Battery Co Ltd | 1,049 | ||||||||
3,783 | Goodyear Lastikleri Turk AS. | 99 | ||||||||
1,041,730 | Goodyear Tire & Rubber Co | 34,033 | ||||||||
64,924 | Grammer AG. | 1,919 | ||||||||
7,195,432 | Great Wall Motor Co Ltd | 8,311 | ||||||||
131,800 | G-Tekt Corp | 1,848 | ||||||||
6,955,971 | Guangzhou Automobile Group Co Ltd | 6,180 | ||||||||
58,752 | Halla Climate Control Corp | 2,580 | ||||||||
39,740 | Halla Holdings Corp | 2,165 | ||||||||
82,629 | Hanil E-Hwa Co Ltd | 1,058 | ||||||||
121,196 | Hanil E-Wha Co Ltd | 1,300 | ||||||||
80,237 | Hankook Tire Co Ltd | 3,200 | ||||||||
135,637 | e | Harley-Davidson, Inc | 6,157 | |||||||
83,404 | * | Hero Honda Motors Ltd | 3,384 | |||||||
1,959,691 | Honda Motor Co Ltd | 62,635 | ||||||||
48,953 | * | Horizon Global Corp | 508 | |||||||
1,684,597 | Hota Industrial Manufacturing Co Ltd | 6,164 | ||||||||
383,099 | Hu Lane Associate, Inc | 1,526 | ||||||||
243,900 | * | Hunan Tyen Machinery Co Ltd | 150 | |||||||
15,375 | Hwa Shin Co Ltd | 82 | ||||||||
12,300,000 | *,e | Hybrid Kinetic Group Ltd | 616 | |||||||
165,733 | Hyundai Mobis | 34,676 | ||||||||
342,553 | Hyundai Motor Co | 43,204 | ||||||||
44,575 | Hyundai Motor Co Ltd (2nd Preference) | 3,967 | ||||||||
27,169 | Hyundai Motor Co Ltd (Preference) | 2,376 | ||||||||
38,532 | Hyundai Wia Corp | 3,643 | ||||||||
34,000 | Iron Force Industrial Co Ltd | 163 | ||||||||
585,195 | Isuzu Motors Ltd | 6,304 | ||||||||
720,572 | Johnson Controls, Inc | 28,455 | ||||||||
89,400 | Kasai Kogyo Co Ltd | 1,291 | ||||||||
255,896 | Kayaba Industry Co Ltd | 774 | ||||||||
169,303 | Keihin Corp | 2,969 |
3 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,284,189 | Kenda Rubber Industrial Co Ltd | $ | 1,886 | |||||||
638,807 | Kia Motors Corp | 28,484 | ||||||||
43,000 | Kinugawa Rubber Industrial Co Ltd | 229 | ||||||||
75,836 | Koito Manufacturing Co Ltd | 3,110 | ||||||||
353,269 | *,e | Kongsberg Automotive ASA | 248 | |||||||
91,734 | * | Kumho Tire Co, Inc | 524 | |||||||
134,000 | * | Launch Tech Co Ltd | 185 | |||||||
744,928 | Lear Corp | 91,499 | ||||||||
28,373 | Leoni AG. | 1,115 | ||||||||
142,734 | Linamar Corp | 7,709 | ||||||||
42,000 | Macauto Industrial Co Ltd | 212 | ||||||||
613,730 | Magna International, Inc (Class A) | 24,892 | ||||||||
203,000 | Magna International, Inc (Class A) | 8,234 | ||||||||
582,601 | Mahindra & Mahindra Ltd | 11,184 | ||||||||
153,900 | Mahle-Metal Leve S.A. Industria e Comercio | 963 | ||||||||
26,854 | Mando Corp | 3,763 | ||||||||
224,098 | Martinrea International, Inc | 1,702 | ||||||||
170,440 | Maruti Suzuki India Ltd | 11,870 | ||||||||
2,700,279 | Mazda Motor Corp | 55,720 | ||||||||
356,895 | Metair Investments Ltd | 626 | ||||||||
80,688 | Metaldyne Performance Group, Inc | 1,480 | ||||||||
14,012 | MGI Coutier | 288 | ||||||||
317,482 | Michelin (C.G.D.E.) (Class B) | 30,219 | ||||||||
664,000 | Minth Group Ltd | 1,319 | ||||||||
37,700 | Mitsuba Corp | 583 | ||||||||
309,017 | Mitsubishi Motors Corp | 2,614 | ||||||||
133,421 | * | Modine Manufacturing Co | 1,207 | |||||||
6,087 | Montupet | 471 | ||||||||
358,652 | Motherson Sumi Systems Ltd | 1,584 | ||||||||
10,426 | Motonic Corp | 96 | ||||||||
45,140 | * | Motorcar Parts of America, Inc | 1,526 | |||||||
2,334 | MRF Ltd | 1,404 | ||||||||
23,000 | Musashi Seimitsu Industry Co Ltd | 469 | ||||||||
494,949 | * | Nan Kang Rubber Tire Co Ltd | 434 | |||||||
1,407 | Nexen Corp | 93 | ||||||||
178,936 | Nexen Tire Corp | 1,872 | ||||||||
2,557,000 | e | Nexteer Automotive Group Ltd | 2,830 | |||||||
125,044 | NGK Spark Plug Co Ltd | 3,292 | ||||||||
212,654 | NHK Spring Co Ltd | 2,132 | ||||||||
106,151 | e | Nifco, Inc | 4,916 | |||||||
51,000 | Nippon Seiki Co Ltd | 1,171 | ||||||||
7,197,030 | Nissan Motor Co Ltd | 75,358 | ||||||||
68,341 | Nissan Shatai Co Ltd | 735 | ||||||||
35,500 | Nissin Kogyo Co Ltd | 515 | ||||||||
207,739 | NOK Corp | 4,853 | ||||||||
149,148 | Nokian Renkaat Oyj | 5,325 | ||||||||
440,600 | e | Pacific Industrial Co Ltd | 4,865 | |||||||
969,703 | * | Peugeot S.A. | 16,998 | |||||||
142,295 | e | Piaggio & C S.p.A. | 358 | |||||||
7,400 | Piolax Inc | 418 | ||||||||
159,310 | Porsche AG. | 8,574 | ||||||||
329,900 | e | Press Kogyo Co Ltd | 1,432 |
4 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
28,656,894 | PT Astra International Tbk | $ | 12,344 | |||||||
200,000 | PT Gajah Tunggal Tbk | 8 | ||||||||
78,283 | Pyeong Hwa Automotive Co Ltd | 945 | ||||||||
8,492,000 | Qingling Motors Co Ltd | 2,636 | ||||||||
1,454,664 | Renault S.A. | 145,605 | ||||||||
89,000 | Riken Corp | 313 | ||||||||
41,184 | S&T Daewoo Co Ltd | 3,004 | ||||||||
4,945 | S&T Holdings Co Ltd | 123 | ||||||||
37,427 | SAF-Holland S.A. | 507 | ||||||||
182,000 | Sanden Corp | 580 | ||||||||
501,920 | * | Sanyang Industry Co Ltd | 335 | |||||||
7,074 | Sejong Industrial Co Ltd | 60 | ||||||||
259,200 | Showa Corp | 2,405 | ||||||||
83,614 | SL Corp | 1,225 | ||||||||
40,142 | *,e | Sogefi S.p.A. | 94 | |||||||
866,825 | Somboon Advance Technology PCL | 388 | ||||||||
2,051,900 | Sri Trang Agro-Industry PCL (Foreign) | 573 | ||||||||
38,128 | * | Ssangyong Motor Co | 251 | |||||||
78,677 | Standard Motor Products, Inc | 2,994 | ||||||||
186,387 | Stanley Electric Co Ltd | 4,089 | ||||||||
70,924 | * | Stoneridge, Inc | 1,050 | |||||||
15,251 | Strattec Security Corp | 861 | ||||||||
582,325 | Sumitomo Electric Industries Ltd | 8,223 | ||||||||
273,773 | Sumitomo Rubber Industries, Inc | 3,560 | ||||||||
55,018 | Sundram Fasteners Ltd | 141 | ||||||||
33,112 | Sungwoo Hitech Co Ltd | 252 | ||||||||
57,189 | Superior Industries International, Inc | 1,053 | ||||||||
168,398 | Suzuki Motor Corp | 5,117 | ||||||||
2,143,653 | T RAD Co Ltd | 3,581 | ||||||||
22,200 | Tachi-S Co Ltd | 353 | ||||||||
59,200 | Taiho Kogyo Co Ltd | 713 | ||||||||
28,900 | *,e | Takata Corp | 192 | |||||||
1,268,980 | Tata Motors Ltd | 7,500 | ||||||||
304,226 | Tata Motors Ltd (DVR) | 1,326 | ||||||||
33,600 | Teikoku Piston Ring Co Ltd | 945 | ||||||||
221,337 | * | Tenneco, Inc | 10,162 | |||||||
395,097 | *,e | Tesla Motors, Inc | 94,827 | |||||||
180,990 | Thor Industries, Inc | 10,163 | ||||||||
672,000 | * | Tianneng Power International Ltd | 563 | |||||||
830,094 | Tofas Turk Otomobil Fabrik | 5,389 | ||||||||
50,963 | Tokai Rika Co Ltd | 1,254 | ||||||||
126,800 | Tokai Rubber Industries, Inc | 1,057 | ||||||||
347,699 | Tong Yang Industry Co Ltd | 427 | ||||||||
68,900 | Topre Corp | 1,580 | ||||||||
110,734 | Tower International, Inc | 3,164 | ||||||||
82,800 | Toyo Tire & Rubber Co Ltd | 1,634 | ||||||||
66,677 | Toyoda Gosei Co Ltd | 1,515 | ||||||||
140,400 | e | Toyota Boshoku Corp | 2,826 | |||||||
167,940 | Toyota Industries Corp | 8,980 | ||||||||
5,780,402 | Toyota Motor Corp | 355,951 | ||||||||
137,500 | TS Tech Co Ltd | 3,556 | ||||||||
123,939 | Tube Investments Of India | 797 |
5 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
58,089 | Tung Thih Electronic Co Ltd | $ | 562 | |||||||
51,900 | Tupy S.A. | 245 | ||||||||
109,391 | TVS Motor Co Ltd | 477 | ||||||||
634,966 | UMW Holdings BHD | 1,161 | ||||||||
38,600 | Unipres Corp | 872 | ||||||||
233,948 | Valeo S.A. | 36,069 | ||||||||
217,088 | * | Visteon Corp | 24,857 | |||||||
113,600 | e | Volkswagen AG. | 17,457 | |||||||
175,381 | Volkswagen AG. (Preference) | 25,321 | ||||||||
8,332 | WABCO India Ltd | 764 | ||||||||
68,326 | e | Winnebago Industries, Inc | 1,360 | |||||||
440,000 | *,e | Xinchen China Power Holdings Ltd | 101 | |||||||
3,248,000 | Xingda International Holdings Ltd | 659 | ||||||||
1,934,785 | e | Xinyi Glass Holdings Co Ltd | 1,131 | |||||||
284,644 | Yamaha Motor Co Ltd | 6,380 | ||||||||
73,400 | e | Yokohama Rubber Co Ltd | 1,127 | |||||||
228,000 | Yorozu Corp | 5,189 | ||||||||
669,646 | Yulon Motor Co Ltd | 610 | ||||||||
80,000 | Zhejiang Shibao Co Ltd | 93 | ||||||||
TOTAL AUTOMOBILES & COMPONENTS | 2,722,250 | |||||||||
BANKS - 7.7% | ||||||||||
39,201 | 1st Source Corp | 1,210 | ||||||||
859,030 | 77 Bank Ltd | 4,625 | ||||||||
201,601 | Aareal Bank AG. | 6,348 | ||||||||
1,795,745 | *,g | ABN AMRO Group NV (ADR) | 40,338 | |||||||
3,143,310 | * | Abu Dhabi Commercial Bank PJSC | 5,608 | |||||||
16,934 | e | Access National Corp | 346 | |||||||
59,831,354 | Agricultural Bank of China | 24,348 | ||||||||
16,300 | Aichi Bank Ltd | 868 | ||||||||
2,609,451 | Akbank TAS | 5,984 | ||||||||
138,000 | Akita Bank Ltd | 475 | ||||||||
1,263,197 | Albaraka Turk Katilim Bankasi AS | 571 | ||||||||
3,044,864 | * | Aldermore Group plc | 10,389 | |||||||
35,146 | * | Alior Bank S.A. | 596 | |||||||
410,123 | Allahabad Bank | 427 | ||||||||
1,123,200 | Alliance Financial Group BHD | 930 | ||||||||
1,366,521 | * | Alpha Bank AE | 3,662 | |||||||
315,270 | *,m | Amagerbanken AS | 0 | ^ | ||||||
31,591 | American National Bankshares, Inc | 809 | ||||||||
97,910 | Ameris Bancorp | 3,328 | ||||||||
32,098 | e | Ames National Corp | 780 | |||||||
5,879,304 | AMMB Holdings BHD | 6,187 | ||||||||
16,996 | * | Anchor BanCorp Wisconsin, Inc | 740 | |||||||
478,367 | Andhra Bank | 473 | ||||||||
300,000 | Aomori Bank Ltd | 962 | ||||||||
8,437,391 | Aozora Bank Ltd | 29,445 | ||||||||
75,493 | Apollo Residential Mortgage | 902 | ||||||||
29,295 | Arrow Financial Corp | 796 | ||||||||
739,100 | Ashikaga Holdings Co Ltd | 2,881 | ||||||||
102,040 | * | Asia United Bank | 100 | |||||||
158,605 | Associated Banc-Corp | 2,974 |
6 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
295,444 | Astoria Financial Corp | $ | 4,683 | |||||||
3,692,944 | Australia & New Zealand Banking Group Ltd | 74,523 | ||||||||
170,721 | Awa Bank Ltd | 995 | ||||||||
344,970 | Axis Bank Ltd | 2,327 | ||||||||
241,956 | Banc of California, Inc | 3,537 | ||||||||
508,446 | *,e | Banca Carige S.p.A | 692 | |||||||
30,874,854 | Banca Intesa S.p.A. | 102,535 | ||||||||
3,335,429 | Banca Intesa S.p.A. RSP | 10,189 | ||||||||
554,051 | * | Banca Monte dei Paschi di Siena S.p.A | 733 | |||||||
1,260,293 | Banca Popolare dell’Emilia Romagna Scrl | 9,560 | ||||||||
12,620,346 | Banca Popolare di Milano | 12,500 | ||||||||
1,011,747 | Banca Popolare di Sondrio SCARL | 4,525 | ||||||||
17,266 | Bancfirst Corp | 1,012 | ||||||||
267,943 | Banche Popolari Unite Scpa | 1,790 | ||||||||
180,290 | Banco ABC Brasil S.A. | 397 | ||||||||
2,360,527 | Banco Bilbao Vizcaya Argentaria S.A. | 17,248 | ||||||||
318,950 | * | Banco BPI S.A. | 377 | |||||||
1,362,857 | Banco Bradesco S.A. | 7,021 | ||||||||
4,666,451 | Banco Bradesco S.A. (Preference) | 22,580 | ||||||||
45,299,111 | *,e | Banco Comercial Portugues S.A. | 2,401 | |||||||
15,000 | Banco Daycoval S.A. | 33 | ||||||||
23,728,365 | Banco de Chile | 2,417 | ||||||||
59,331 | Banco de Credito e Inversiones | 2,230 | ||||||||
2,485,454 | Banco de Oro Universal Bank | 5,525 | ||||||||
4,211,311 | e | Banco de Sabadell S.A. | 7,464 | |||||||
2,044,727 | Banco do Brasil S.A. | 7,573 | ||||||||
179,600 | Banco do Estado do Rio Grande do Sul | 265 | ||||||||
16,063,377 | *,m | Banco Espirito Santo S.A. | 175 | |||||||
58,200 | *,m | Banco Industrial e Comercial S.A. | 121 | |||||||
6,602,554 | Banco Itau Holding Financeira S.A. | 43,671 | ||||||||
158,250 | Banco Latinoamericano de Exportaciones S.A. (Class E) | 4,103 | ||||||||
223,673 | * | Banco Popolare SC | 3,082 | |||||||
531,322 | Banco Popular Espanol S.A. | 1,751 | ||||||||
1,042,803 | Banco Santander Brasil S.A. | 4,202 | ||||||||
7,331,018 | Banco Santander Central Hispano S.A. | 36,064 | ||||||||
104,376,519 | Banco Santander Chile S.A. | 4,683 | ||||||||
953,849 | BanColombia S.A. (Preference) | 6,490 | ||||||||
241,053 | Bancorpsouth, Inc | 5,783 | ||||||||
358,800 | Bangkok Bank PCL (ADR) | 1,514 | ||||||||
112,200 | Bangkok Bank PCL (Foreign) | 479 | ||||||||
56,163 | Bank Handlowy w Warszawie S.A. | 1,026 | ||||||||
1,406,857 | Bank Hapoalim Ltd | 7,262 | ||||||||
2,195,455 | * | Bank Leumi Le-Israel | 7,612 | |||||||
451,046 | * | Bank Millennium S.A. | 639 | |||||||
169,114 | Bank Mutual Corp | 1,319 | ||||||||
41,542,993 | Bank of America Corp | 699,169 | ||||||||
500,000 | Bank of Baroda | 1,176 | ||||||||
148,782,403 | Bank of China Ltd | 66,017 | ||||||||
1,976,000 | e | Bank of Chongqing Co Ltd | 1,775 | |||||||
25,387,940 | Bank of Communications Co Ltd | 17,804 | ||||||||
1,299,673 | e | Bank of East Asia Ltd | 4,821 | |||||||
103,045 | Bank of Georgia Holdings plc | 2,889 |
7 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
39,098 | Bank of Hawaii Corp | $ | 2,459 | |||||||
90,826,145 | * | Bank of Ireland | 33,256 | |||||||
29,700 | Bank of Iwate Ltd | 1,237 | ||||||||
300,824 | Bank of Kaohsiung | 80 | ||||||||
764,727 | Bank of Kyoto Ltd | 7,092 | ||||||||
21,554 | Bank of Marin Bancorp | 1,151 | ||||||||
940,137 | * | Bank of Montreal | 53,050 | |||||||
134,000 | e | Bank of Nagoya Ltd | 491 | |||||||
1,621,024 | Bank of Nova Scotia | 65,570 | ||||||||
24,000 | Bank of Okinawa Ltd | 925 | ||||||||
412,912 | Bank of Queensland Ltd | 4,165 | ||||||||
107,541 | Bank of Saga Ltd | 241 | ||||||||
238,022 | e | Bank of the Ozarks, Inc | 11,773 | |||||||
1,172,927 | Bank of the Philippine Islands | 2,089 | ||||||||
245,200 | Bank of the Ryukyus Ltd | 3,452 | ||||||||
1,192,512 | Bank of Yokohama Ltd | 7,310 | ||||||||
156,363 | Bank Pekao S.A. | 5,711 | ||||||||
15,047,404 | Bank Rakyat Indonesia | 12,349 | ||||||||
36,570 | Bank Zachodni WBK S.A. | 2,635 | ||||||||
61,163 | BankFinancial Corp | 772 | ||||||||
1,689,587 | Bankia S.A. | 1,966 | ||||||||
1,517,503 | Bankinter S.A. | 10,761 | ||||||||
167,079 | BankUnited | 6,025 | ||||||||
73,976 | Banner Corp | 3,393 | ||||||||
7,881 | Banque Cantonale Vaudoise | 5,000 | ||||||||
1,515,500 | e | Banregio Grupo Financiero SAB de C.V. | 7,768 | |||||||
16,463 | e | Bar Harbor Bankshares | 567 | |||||||
364,559 | Barclays Africa Group Ltd | 3,382 | ||||||||
47,331,078 | Barclays plc | 152,348 | ||||||||
1,754,387 | BB&T Corp | 66,333 | ||||||||
253,721 | BBCN Bancorp, Inc | 4,369 | ||||||||
8,917 | *,e | BBX Capital Corp | 140 | |||||||
30,592 | *,e | Bear State Financial, Inc | 331 | |||||||
324,404 | Bendigo Bank Ltd | 2,806 | ||||||||
449,622 | * | Beneficial Bancorp, Inc | 5,989 | |||||||
92,867 | Berkshire Hills Bancorp, Inc | 2,703 | ||||||||
76,911 | Blue Hills Bancorp, Inc | 1,178 | ||||||||
67,129 | BNC Bancorp | 1,704 | ||||||||
1,038,777 | BNP Paribas | 58,771 | ||||||||
6,541,872 | e | BOC Hong Kong Holdings Ltd | 19,907 | |||||||
165,839 | *,e | BofI Holding, Inc | 3,491 | |||||||
43,561 | e | BOK Financial Corp | 2,605 | |||||||
243,205 | Boston Private Financial Holdings, Inc | 2,758 | ||||||||
13,367 | BRE Bank S.A. | 1,068 | ||||||||
49,063 | Bridge Bancorp, Inc | 1,493 | ||||||||
302,387 | Brookline Bancorp, Inc | 3,477 | ||||||||
67,796 | Bryn Mawr Bank Corp | 1,947 | ||||||||
240,397 | BS Financial Group, Inc | 1,713 | ||||||||
21,248 | * | BSB Bancorp, Inc | 497 | |||||||
6,197,507 | Bumiputra-Commerce Holdings BHD | 6,535 | ||||||||
20,363 | *,e | C1 Financial, Inc | 493 | |||||||
20,696 | Camden National Corp | 912 |
8 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
629,843 | e | Canadian Imperial Bank of Commerce/Canada | $ | 41,509 | ||||||
70,191 | e | Canadian Western Bank | 1,186 | |||||||
52,922 | Capital Bank Financial Corp | 1,692 | ||||||||
38,734 | Capital City Bank Group, Inc | 595 | ||||||||
30,385 | Capitec Bank Holdings Ltd | 1,057 | ||||||||
349,238 | Capitol Federal Financial | 4,386 | ||||||||
80,729 | Cardinal Financial Corp | 1,837 | ||||||||
143,595 | * | Cascade Bancorp | 872 | |||||||
288,846 | e | Cathay General Bancorp | 9,050 | |||||||
157,372 | Centerstate Banks of Florida, Inc | 2,463 | ||||||||
133,821 | e | Central Pacific Financial Corp | 2,947 | |||||||
13,150 | Century Bancorp, Inc | 572 | ||||||||
5,729,886 | Chang Hwa Commercial Bank | 2,729 | ||||||||
48,389 | Charter Financial Corp | 639 | ||||||||
125,213 | Chemical Financial Corp | 4,291 | ||||||||
588,966 | Chiba Bank Ltd | 4,179 | ||||||||
69,900 | Chiba Kogyo Bank Ltd | 389 | ||||||||
10,469,010 | * | China Citic Bank | 6,747 | |||||||
171,250,791 | China Construction Bank | 116,818 | ||||||||
16,358,661 | China Development Financial Holding Corp | 4,080 | ||||||||
12,766,000 | China Everbright Bank Co Ltd | 6,181 | ||||||||
7,744,260 | China Merchants Bank Co Ltd | 18,128 | ||||||||
7,580,694 | e | China Minsheng Banking Corp Ltd | 7,478 | |||||||
18,602,808 | Chinatrust Financial Holding Co | 9,525 | ||||||||
170,000 | Chong Hing Bank Ltd | 353 | ||||||||
19,728,014 | e | Chongqing Rural Commercial Bank | 11,849 | |||||||
52,105 | Chugoku Bank Ltd | 695 | ||||||||
839,291 | CIT Group, Inc | 33,320 | ||||||||
9,393,824 | Citigroup, Inc | 486,130 | ||||||||
34,144 | e | Citizens & Northern Corp | 717 | |||||||
1,524,468 | Citizens Financial Group, Inc | 39,926 | ||||||||
36,920 | e | City Holding Co | 1,685 | |||||||
51,836 | City Union Bank Ltd | 72 | ||||||||
89,226 | e | Clifton Bancorp, Inc | 1,280 | |||||||
47,552 | e | CNB Financial Corp | 857 | |||||||
136,696 | CoBiz, Inc | 1,834 | ||||||||
20,269 | * | Collector AB | 305 | |||||||
172,354 | Columbia Banking System, Inc | 5,603 | ||||||||
67,701 | Comdirect Bank AG. | 803 | ||||||||
105,505 | Comerica, Inc | 4,413 | ||||||||
78,353 | e | Commerce Bancshares, Inc | 3,333 | |||||||
191,471 | * | Commercial Bank of Qatar QSC | 2,406 | |||||||
2,269,320 | Commercial International Bank | 11,039 | ||||||||
4,280,608 | * | Commerzbank AG. | 44,170 | |||||||
1,688,189 | e | Commonwealth Bank of Australia | 104,371 | |||||||
106,143 | e | Community Bank System, Inc | 4,239 | |||||||
43,499 | Community Trust Bancorp, Inc | 1,521 | ||||||||
39,449 | *,e | CommunityOne Bancorp | 531 | |||||||
134,467 | ConnectOne Bancorp, Inc | 2,513 | ||||||||
151,615,966 | CorpBanca S.A. | 1,215 | ||||||||
81,134 | Credicorp Ltd (NY) | 7,896 | ||||||||
2,184,248 | Credit Agricole S.A. | 25,739 |
9 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
72,848 | Credito Emiliano S.p.A. | $ | 538 | |||||||
961,520 | e | Criteria CaixaBank S.A. | 3,347 | |||||||
60,338 | * | CU Bancorp | 1,530 | |||||||
136,910 | e | Cullen/Frost Bankers, Inc | 8,215 | |||||||
65,149 | * | Customers Bancorp, Inc | 1,773 | |||||||
269,972 | e | CVB Financial Corp | 4,568 | |||||||
5,646,074 | *,m | Cyprus Popular Bank Public Co | 61 | |||||||
1,384,235 | Dah Sing Banking Group Ltd | 2,440 | ||||||||
341,508 | Dah Sing Financial Holdings Ltd | 1,700 | ||||||||
264,000 | Daishi Bank Ltd | 1,165 | ||||||||
359,358 | Danske Bank AS | 9,642 | ||||||||
2,535,934 | DBS Group Holdings Ltd | 29,720 | ||||||||
94,473 | *,g | Deutsche Pfandbriefbank AG. | 1,150 | |||||||
1,333,051 | * | Development Credit Bank Ltd | 1,635 | |||||||
362,522 | Dewan Housing Finance Corp Ltd | 1,285 | ||||||||
183,521 | DGB Financial Group Co Ltd | 1,563 | ||||||||
99,646 | Dime Community Bancshares | 1,743 | ||||||||
449,388 | DNB NOR Holding ASA | 5,537 | ||||||||
126,526 | * | Doha Bank QSC | 1,542 | |||||||
1,179,415 | * | Dubai Islamic Bank PJSC | 1,974 | |||||||
8,451,208 | E.Sun Financial Holding Co Ltd | 4,907 | ||||||||
72,472 | * | Eagle Bancorp, Inc | 3,658 | |||||||
887,585 | East West Bancorp, Inc | 36,888 | ||||||||
476,600 | * | EastWest Banking Corp | 191 | |||||||
122,000 | Eighteenth Bank Ltd | 357 | ||||||||
28,175 | e | Enterprise Bancorp, Inc | 644 | |||||||
55,936 | Enterprise Financial Services Corp | 1,586 | ||||||||
962,511 | * | Erste Bank der Oesterreichischen Sparkassen AG. | 30,117 | |||||||
245,701 | * | Essent Group Ltd | 5,378 | |||||||
1,633,773 | * | Eurobank Ergasias S.A. | 1,830 | |||||||
328,648 | EverBank Financial Corp | 5,252 | ||||||||
1,745,315 | Far Eastern International Bank | 519 | ||||||||
19,023 | * | Farmers Capital Bank Corp | 516 | |||||||
68,441 | * | FCB Financial Holdings, Inc | 2,450 | |||||||
44,010 | Federal Agricultural Mortgage Corp (Class C) | 1,389 | ||||||||
4,790,652 | Federal Bank Ltd | 4,040 | ||||||||
56,705 | e | Fidelity Southern Corp | 1,265 | |||||||
2,411,436 | Fifth Third Bancorp | 48,470 | ||||||||
65,294 | Financial Institutions, Inc | 1,828 | ||||||||
184,493 | FinecoBank Banca Fineco S.p.A | 1,517 | ||||||||
80,962 | e | First Bancorp (NC) | 1,517 | |||||||
364,067 | * | First Bancorp (Puerto Rico) | 1,183 | |||||||
36,313 | e | First Bancorp, Inc | 743 | |||||||
77,904 | First Busey Corp | 1,607 | ||||||||
26,242 | First Business Financial Services, Inc | 656 | ||||||||
21,058 | First Citizens Bancshares, Inc (Class A) | 5,437 | ||||||||
226,583 | First Commonwealth Financial Corp | 2,055 | ||||||||
52,917 | First Community Bancshares, Inc | 986 | ||||||||
61,349 | First Connecticut Bancorp | 1,068 | ||||||||
25,784 | First Defiance Financial Corp | 974 | ||||||||
151,111 | First Financial Bancorp | 2,731 | ||||||||
160,696 | e | First Financial Bankshares, Inc | 4,848 | |||||||
43,585 | First Financial Corp | 1,481 |
10 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
10,821,109 | First Financial Holding Co Ltd | $ | 5,026 | |||||||
1,102,773 | First Gulf Bank PJSC | 3,787 | ||||||||
192,042 | e | First Horizon National Corp | 2,788 | |||||||
107,568 | First International Bank Of Israel Ltd | 1,270 | ||||||||
73,122 | First Interstate Bancsystem, Inc | 2,126 | ||||||||
91,035 | First Merchants Corp | 2,314 | ||||||||
385,775 | First Midwest Bancorp, Inc | 7,110 | ||||||||
12,700 | e | First National Financial Corp | 206 | |||||||
37,918 | * | First NBC Bank Holding Co | 1,418 | |||||||
312,124 | First Niagara Financial Group, Inc | 3,387 | ||||||||
43,366 | First of Long Island Corp | 1,301 | ||||||||
269,130 | First Republic Bank | 17,779 | ||||||||
412,935 | FirstMerit Corp | 7,701 | ||||||||
52,200 | * | Flagstar Bancorp, Inc | 1,206 | |||||||
80,815 | Flushing Financial Corp | 1,749 | ||||||||
725,243 | e | FNB Corp | 9,675 | |||||||
42,894 | Fox Chase Bancorp, Inc | 870 | ||||||||
23,705 | * | Franklin Financial Network, Inc | 744 | |||||||
952,412 | Fukuoka Financial Group, Inc | 4,723 | ||||||||
444,240 | Fulton Financial Corp | 5,780 | ||||||||
144,987 | e | Genworth MI Canada, Inc | 2,787 | |||||||
1,417,652 | e | Genworth Mortgage Insurance Australia Ltd | 2,826 | |||||||
42,704 | e | German American Bancorp, Inc | 1,423 | |||||||
1,279,817 | * | Get Bank S.A. | 195 | |||||||
653,827 | * | Getin Holding S.A. | 203 | |||||||
261,941 | e | Glacier Bancorp, Inc | 6,949 | |||||||
24,057 | Great Southern Bancorp, Inc | 1,089 | ||||||||
250,623 | Great Western Bancorp, Inc | 7,273 | ||||||||
41,207 | *,e | Green Bancorp, Inc | 432 | |||||||
129,070 | * | Gruh Finance Ltd | 532 | |||||||
3,141,191 | Grupo Aval Acciones y Valores | 1,079 | ||||||||
5,086,638 | Grupo Financiero Banorte S.A. de C.V. | 28,036 | ||||||||
4,285,607 | Grupo Financiero Inbursa S.A. | 7,733 | ||||||||
2,138,757 | e | Grupo Financiero Santander Mexico SAB de C.V. | 3,754 | |||||||
62,021 | Guaranty Bancorp | 1,026 | ||||||||
355,859 | Gunma Bank Ltd | 2,069 | ||||||||
123,116 | Hachijuni Bank Ltd | 753 | ||||||||
106,670 | *,e | Hampton Roads Bankshares, Inc | 196 | |||||||
347,278 | Hana Financial Group, Inc | 6,940 | ||||||||
192,747 | Hancock Holding Co | 4,851 | ||||||||
1,691,588 | Hang Seng Bank Ltd | 32,061 | ||||||||
138,257 | Hanmi Financial Corp | 3,279 | ||||||||
246,323 | HDFC Bank Ltd | 4,023 | ||||||||
39,913 | HDFC Bank Ltd (ADR) | 2,459 | ||||||||
43,052 | Heartland Financial USA, Inc | 1,350 | ||||||||
57,185 | Heritage Commerce Corp | 684 | ||||||||
132,777 | Heritage Financial Corp | 2,502 | ||||||||
72,032 | Heritage Oaks Bancorp | 577 | ||||||||
313,000 | Higashi-Nippon Bank Ltd | 1,035 | ||||||||
802,059 | * | Hilltop Holdings, Inc | 15,416 | |||||||
2,705 | e | Hingham Institution for Savings | 324 | |||||||
630,647 | Hiroshima Bank Ltd | 3,584 |
11 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
723,000 | Hokkoku Bank Ltd | $ | 2,400 | |||||||
643,000 | Hokuetsu Bank Ltd | 1,356 | ||||||||
342,947 | Hokuhoku Financial Group, Inc | 699 | ||||||||
193,625 | Home Bancshares, Inc | 7,846 | ||||||||
215,649 | e | Home Capital Group, Inc | 4,195 | |||||||
53,502 | * | HomeStreet, Inc | 1,162 | |||||||
116,611 | * | HomeTrust Bancshares, Inc | 2,361 | |||||||
668,184 | Hong Leong Bank BHD | 2,082 | ||||||||
380,794 | Hong Leong Credit BHD | 1,235 | ||||||||
29,183 | e | Horizon Bancorp | 816 | |||||||
3,185,459 | Housing Development Finance Corp | 60,587 | ||||||||
19,433,567 | HSBC Holdings plc | 153,413 | ||||||||
99,600 | HSBC Holdings plc (Hong Kong) | 788 | ||||||||
7,588,222 | Hua Nan Financial Holdings Co Ltd | 3,513 | ||||||||
993,193 | e | Huntington Bancshares, Inc | 10,985 | |||||||
213,692 | Hyakugo Bank Ltd | 1,039 | ||||||||
202,000 | Hyakujushi Bank Ltd | 751 | ||||||||
168,039 | IBERIABANK Corp | 9,254 | ||||||||
2,099,981 | ICICI Bank Ltd | 8,294 | ||||||||
22,814 | ICICI Bank Ltd (ADR) | 179 | ||||||||
188,892 | * | IDFC Bank Ltd | 174 | |||||||
20,006 | *,e | Impac Mortgage Holdings, Inc | 360 | |||||||
65,109 | e | Independent Bank Corp (MA) | 3,029 | |||||||
75,860 | Independent Bank Corp (MI) | 1,155 | ||||||||
41,503 | Independent Bank Group, Inc | 1,328 | ||||||||
138,288 | Indian Bank | 241 | ||||||||
234,009 | IndusInd Bank Ltd | 3,415 | ||||||||
153,808,566 | e | Industrial & Commercial Bank of China | 92,196 | |||||||
759,830 | Industrial Bank of Korea | 7,945 | ||||||||
142,426 | International Bancshares Corp | 3,660 | ||||||||
4,034,376 | Investors Bancorp, Inc | 50,188 | ||||||||
541,290 | *,m | Irish Bank Resolution Corp Ltd | 0 | |||||||
1,376,953 | * | Israel Discount Bank Ltd | 2,497 | |||||||
70,400 | Itau Unibanco Banco Multiplo S.A. (ADR) | 458 | ||||||||
70,045 | Iyo Bank Ltd | 681 | ||||||||
377,618 | Jammu & Kashmir Bank Ltd | 468 | ||||||||
613,800 | * | Japan Post Bank Co Ltd | 8,937 | |||||||
335,521 | JB Financial Group Co Ltd | 1,566 | ||||||||
378,900 | Jimoto Holdings Inc | 628 | ||||||||
613,225 | Joyo Bank Ltd | 2,900 | ||||||||
13,655,373 | JPMorgan Chase & Co | 901,664 | ||||||||
288,555 | Juroku Bank Ltd | 1,142 | ||||||||
61,907 | * | Jyske Bank | 2,800 | |||||||
68,200 | Kansai Urban Banking Corp | 764 | ||||||||
65,600 | Kanto Tsukuba Bank Ltd | 219 | ||||||||
822,335 | Karnataka Bank Ltd | 1,520 | ||||||||
81,430 | * | Karur Vysya Bank Ltd | 603 | |||||||
100,000 | Kasikornbank PCL | 415 | ||||||||
135,500 | Kasikornbank PCL - NVDR | 563 | ||||||||
1,971,306 | Kasikornbank PCL (Foreign) | 8,148 | ||||||||
877,001 | KB Financial Group, Inc | 24,708 | ||||||||
445,457 | KBC Groep NV | 27,853 |
12 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
332,961 | Kearny Financial Corp | $ | 4,219 | |||||||
662,000 | Keiyo Bank Ltd | 3,135 | ||||||||
4,235,833 | Keycorp | 55,871 | ||||||||
913,632 | Kiatnakin Bank PCL | 918 | ||||||||
2,553,000 | King’s Town Bank | 1,810 | ||||||||
193,400 | Kiyo Bank Ltd | 2,790 | ||||||||
23,333 | * | KJB Financial Group Co Ltd | 152 | |||||||
43,349 | Komercni Banka AS | 8,606 | ||||||||
3,863,170 | Krung Thai Bank PCL (Foreign) | 1,782 | ||||||||
375,600 | * | Kyushu Financial Group, Inc | 2,647 | |||||||
138,255 | Lakeland Bancorp, Inc | 1,630 | ||||||||
57,953 | Lakeland Financial Corp | 2,702 | ||||||||
99,329 | e | Laurentian Bank of Canada | 3,467 | |||||||
154,176 | LegacyTexas Financial Group, Inc | 3,857 | ||||||||
32,106 | * | LendingTree, Inc | 2,866 | |||||||
3,279,028 | LH Financial Group PCL | 151 | ||||||||
1,028,235 | *,e | Liberbank S.A. | 649 | |||||||
367,731 | * | LIC Housing Finance Ltd | 2,831 | |||||||
11,306 | e | Live Oak Bancshares, Inc | 161 | |||||||
38,890,729 | Lloyds TSB Group plc | 41,846 | ||||||||
112,520 | e | M&T Bank Corp | 13,635 | |||||||
72,942 | MainSource Financial Group, Inc | 1,669 | ||||||||
8,438,297 | Malayan Banking BHD | 16,478 | ||||||||
666,602 | Malaysia Building Society | 218 | ||||||||
452,041 | * | Masraf Al Rayan | 4,656 | |||||||
185,895 | MB Financial, Inc | 6,017 | ||||||||
14,961,299 | Mega Financial Holding Co Ltd | 9,646 | ||||||||
61,683 | Mercantile Bank Corp | 1,514 | ||||||||
16,320 | Merchants Bancshares, Inc | 514 | ||||||||
134,004 | Meridian Bancorp, Inc | 1,889 | ||||||||
44,593 | Meta Financial Group, Inc | 2,048 | ||||||||
1,063,204 | Metropolitan Bank & Trust | 1,814 | ||||||||
1,115,189 | *,e | MGIC Investment Corp | 9,847 | |||||||
16,100 | Midsouth Bancorp, Inc | 146 | ||||||||
22,123 | MidWestOne Financial Group, Inc | 673 | ||||||||
68,000 | Mie Bank Ltd | 151 | ||||||||
217,000 | Minato Bank Ltd | 358 | ||||||||
21,495,379 | Mitsubishi UFJ Financial Group, Inc | 133,148 | ||||||||
4,223,361 | Mitsui Trust Holdings, Inc | 15,995 | ||||||||
366,000 | Miyazaki Bank Ltd | 1,172 | ||||||||
87,323 | Mizrahi Tefahot Bank Ltd | 1,043 | ||||||||
45,015,463 | Mizuho Financial Group, Inc | 90,031 | ||||||||
38,568 | Musashino Bank Ltd | 1,407 | ||||||||
202,928 | Nanto Bank Ltd | 636 | ||||||||
2,440,846 | National Australia Bank Ltd | 53,264 | ||||||||
76,522 | National Bank Holdings Corp | 1,635 | ||||||||
754,189 | * | National Bank of Abu Dhabi PJSC | 1,634 | |||||||
809,927 | National Bank of Canada | 23,595 | ||||||||
5,277,643 | * | National Bank of Greece S.A. | 1,951 | |||||||
22,749 | e | National Bankshares, Inc | 809 | |||||||
15,829 | *,e | National Commerce Corp | 397 |
13 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
427,123 | National Penn Bancshares, Inc | $ | 5,266 | |||||||
99,889 | *,e | Nationstar Mortgage Holdings, Inc | 1,336 | |||||||
2,763,817 | Natixis | 15,635 | ||||||||
110,066 | NBT Bancorp, Inc | 3,069 | ||||||||
386,409 | Nedbank Group Ltd | 4,720 | ||||||||
830,766 | e | New York Community Bancorp, Inc | 13,558 | |||||||
116,499 | NewBridge Bancorp | 1,419 | ||||||||
1,534,300 | Nishi-Nippon City Bank Ltd | 4,044 | ||||||||
275,650 | * | NMI Holdings, Inc | 1,866 | |||||||
52,996 | * | Nordax Group AB | 320 | |||||||
2,731,236 | Nordea Bank AB | 29,966 | ||||||||
391,600 | North Pacific Bank Ltd | 1,352 | ||||||||
169,895 | e | Northfield Bancorp, Inc | 2,705 | |||||||
2,955 | Northrim BanCorp, Inc | 79 | ||||||||
257,356 | Northwest Bancshares, Inc | 3,446 | ||||||||
52,442 | OceanFirst Financial Corp | 1,050 | ||||||||
318,055 | *,e | Ocwen Financial Corp | 2,217 | |||||||
137,514 | e | OFG Bancorp | 1,007 | |||||||
245,000 | Ogaki Kyoritsu Bank Ltd | 988 | ||||||||
191,000 | Oita Bank Ltd | 743 | ||||||||
291,430 | e | Old National Bancorp | 3,952 | |||||||
77,122 | * | Old Second Bancorp, Inc | 605 | |||||||
394,632 | OneSavings Bank plc | 2,066 | ||||||||
123,807 | Opus Bank | 4,577 | ||||||||
62,360 | Oriental Bank of Commerce | 132 | ||||||||
175,183 | Oritani Financial Corp | 2,891 | ||||||||
693,192 | e | OTP Bank | 14,253 | |||||||
4,007,138 | Oversea-Chinese Banking Corp | 24,774 | ||||||||
76,434 | Pacific Continental Corp | 1,137 | ||||||||
123,564 | * | Pacific Premier Bancorp, Inc | 2,626 | |||||||
350,539 | PacWest Bancorp | 15,108 | ||||||||
259,031 | Paragon Group of Cos plc | 1,347 | ||||||||
32,595 | e | Park National Corp | 2,949 | |||||||
173,819 | Park Sterling Bank | 1,272 | ||||||||
57,634 | Peapack Gladstone Financial Corp | 1,188 | ||||||||
15,540 | e | Penns Woods Bancorp, Inc | 660 | |||||||
52,908 | Pennsylvania Commerce Bancorp, Inc | 1,660 | ||||||||
34,113 | * | PennyMac Financial Services, Inc | 524 | |||||||
54,845 | e | Peoples Bancorp, Inc | 1,033 | |||||||
25,923 | e | Peoples Financial Services Corp | 987 | |||||||
303,294 | e | People’s United Financial, Inc | 4,898 | |||||||
128,318 | * | PHH Corp | 2,079 | |||||||
3,067,276 | * | Philippine National Bank | 3,390 | |||||||
965,398 | * | Piccolo Credito Valtellinese Scarl | 1,137 | |||||||
136,406 | Pinnacle Financial Partners, Inc | 7,006 | ||||||||
5,600,302 | * | Piraeus Bank S.A. | 1,674 | |||||||
585,649 | PNC Financial Services Group, Inc | 55,818 | ||||||||
178,854 | Popular, Inc | 5,069 | ||||||||
1,035,288 | * | Powszechna Kasa Oszczednosci Bank Polski S.A. | 7,191 | |||||||
64,500 | Preferred Bank | 2,130 | ||||||||
197,357 | PrivateBancorp, Inc | 8,096 | ||||||||
251,768 | Prosperity Bancshares, Inc | 12,050 |
14 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
158,912 | Provident Financial Services, Inc | $ | 3,202 | |||||||
66,937,300 | PT Bank Bukopin Tbk | 3,385 | ||||||||
13,835,487 | PT Bank Central Asia Tbk | 13,255 | ||||||||
3,068,302 | PT Bank Danamon Indonesia Tbk | 710 | ||||||||
18,264,800 | PT Bank Jabar Banten Tbk | 995 | ||||||||
13,065,968 | PT Bank Mandiri Persero Tbk | 8,676 | ||||||||
9,775,613 | PT Bank Negara Indonesia | 3,500 | ||||||||
44,500,000 | * | PT Bank Pan Indonesia Tbk | 2,631 | |||||||
32,046,900 | PT Bank Pembangunan Daerah Jawa Timur Tbk | 1,011 | ||||||||
13,175,794 | PT Bank Tabungan Negara Tbk | 1,228 | ||||||||
3,223,109 | Public Bank BHD | 13,888 | ||||||||
93,110 | * | Qatar Islamic Bank SAQ | 2,720 | |||||||
260,857 | * | Qatar National Bank | 12,512 | |||||||
31,593 | e | QCR Holdings, Inc | 767 | |||||||
645,560 | e | Radian Group, Inc | 8,644 | |||||||
45,609 | *,e | Raiffeisen International Bank Holding AG. | 668 | |||||||
2,953,188 | Regions Financial Corp | 28,351 | ||||||||
98,087 | e | Renasant Corp | 3,375 | |||||||
31,520 | Republic Bancorp, Inc (Class A) | 832 | ||||||||
7,282,235 | Resona Holdings, Inc | 35,364 | ||||||||
655,898 | RHB Capital BHD | 864 | ||||||||
368,120 | Rizal Commercial Banking Corp | 258 | ||||||||
5,200 | *,m | Roskilde Bank | 0 | |||||||
76,701 | e | Royal Bank of Canada | 4,110 | |||||||
2,544,251 | e | Royal Bank of Canada (Toronto) | 136,342 | |||||||
2,447,720 | * | Royal Bank of Scotland Group plc | 10,880 | |||||||
89,875 | S&T Bancorp, Inc | 2,770 | ||||||||
64,426 | Sandy Spring Bancorp, Inc | 1,737 | ||||||||
125,500 | San-In Godo Bank Ltd | 1,021 | ||||||||
7,752,276 | Sberbank of Russian Federation (ADR) | 45,478 | ||||||||
109,946 | * | Seacoast Banking Corp of Florida | 1,647 | |||||||
589,060 | Security Bank Corp | 1,772 | ||||||||
424,754 | * | Sekerbank TAS | 244 | |||||||
249,580 | Senshu Ikeda Holdings, Inc | 1,029 | ||||||||
78,408 | e | ServisFirst Bancshares, Inc | 3,727 | |||||||
296,493 | Seven Bank Ltd | 1,300 | ||||||||
2,292,977 | *,g | Shawbrook Group plc | 11,834 | |||||||
655,000 | e | Shiga Bank Ltd | 3,273 | |||||||
162,000 | Shikoku Bank Ltd | 367 | ||||||||
773,713 | Shinhan Financial Group Co Ltd | 25,990 | ||||||||
4,750,179 | Shinsei Bank Ltd | 8,742 | ||||||||
444,400 | Shizuoka Bank Ltd | 4,310 | ||||||||
1,869,400 | Siam Commercial Bank PCL (Foreign) | 6,166 | ||||||||
48,321 | Sierra Bancorp | 853 | ||||||||
414,688 | * | Signature Bank | 63,601 | |||||||
112,864 | Simmons First National Corp (Class A) | 5,797 | ||||||||
10,768,570 | SinoPac Financial Holdings Co Ltd | 3,058 | ||||||||
1,124,574 | Skandinaviska Enskilda Banken AB (Class A) | 11,827 | ||||||||
667,686 | Societe Generale | 30,768 | ||||||||
2,578,170 | South Indian Bank Ltd | 751 | ||||||||
102,229 | South State Corp | 7,355 | ||||||||
64,955 | e | Southside Bancshares, Inc | 1,560 |
15 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
72,612 | Southwest Bancorp, Inc | $ | 1,269 | |||||||
210,201 | Spar Nord Bank A/s | 1,857 | ||||||||
222,572 | e | Sparebanken Midt-Norge | 1,266 | |||||||
200,142 | Sparebanken Nord-Norge | 830 | ||||||||
2,904 | St Galler Kantonalbank | 1,047 | ||||||||
2,871,644 | Standard Bank Group Ltd | 21,050 | ||||||||
1,900,743 | Standard Chartered plc | 15,771 | ||||||||
89,250 | State Bank & Trust Co | 1,877 | ||||||||
30,377 | * | State Bank of Bikaner & Jaip | 240 | |||||||
3,207,087 | State Bank of India | 10,838 | ||||||||
478,502 | Sterling Bancorp/DE | 7,761 | ||||||||
35,936 | Stock Yards Bancorp, Inc | 1,358 | ||||||||
29,627 | Stonegate Bank | 974 | ||||||||
39,496 | *,e | Stonegate Mortgage Corp | 215 | |||||||
34,403 | Suffolk Bancorp | 975 | ||||||||
3,083,611 | Sumitomo Mitsui Financial Group, Inc | 116,379 | ||||||||
27,048 | * | Sun Bancorp, Inc | 558 | |||||||
1,124,789 | SunTrust Banks, Inc | 48,186 | ||||||||
361,890 | Suruga Bank Ltd | 7,458 | ||||||||
249,214 | * | SVB Financial Group | 29,632 | |||||||
530,486 | Svenska Handelsbanken AB | 7,046 | ||||||||
1,906,430 | Swedbank AB (A Shares) | 41,986 | ||||||||
242,649 | Sydbank AS | 7,791 | ||||||||
424,603 | Syndicate Bank | 560 | ||||||||
319,464 | Synovus Financial Corp | 10,344 | ||||||||
1,596,653 | * | Ta Chong Bank Co Ltd | 650 | |||||||
1,710,311 | Taichung Commercial Bank | 486 | ||||||||
8,943,685 | Taishin Financial Holdings Co Ltd | 3,090 | ||||||||
2,256,886 | * | Taiwan Business Bank | 560 | |||||||
8,479,151 | Taiwan Cooperative Financial Holding | 3,532 | ||||||||
128,312 | Talmer Bancorp Inc | 2,324 | ||||||||
1,928,906 | TCF Financial Corp | 27,236 | ||||||||
788,872 | * | TCS Group Holding plc (ADR) | 2,413 | |||||||
20,591 | Territorial Bancorp, Inc | 571 | ||||||||
115,268 | * | Texas Capital Bancshares, Inc | 5,697 | |||||||
212,670 | TFS Financial Corp | 4,005 | ||||||||
2,422,700 | Thanachart Capital PCL | 2,447 | ||||||||
88,073 | * | The Bancorp, Inc | 561 | |||||||
1,175,480 | Tisco Bank PCL | 1,383 | ||||||||
61,598,300 | TMB Bank PCL (Foreign) | 4,119 | ||||||||
311,000 | Tochigi Bank Ltd | 1,774 | ||||||||
175,000 | Toho Bank Ltd | 625 | ||||||||
93,593 | Tokyo TY Financial Group, Inc | 3,132 | ||||||||
146,200 | Tomony Holdings, Inc | 557 | ||||||||
36,250 | e | Tompkins Trustco, Inc | 2,036 | |||||||
3,572,537 | Toronto-Dominion Bank | 140,041 | ||||||||
295,000 | Towa Bank Ltd | 263 | ||||||||
111,087 | e | TowneBank | 2,318 | |||||||
59,807 | Trico Bancshares | 1,641 | ||||||||
88,289 | *,e | Tristate Capital Holdings, Inc | 1,235 | |||||||
78,750 | * | Triumph Bancorp, Inc | 1,299 | |||||||
615,821 | Trustco Bank Corp NY | 3,781 |
16 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
163,890 | e | Trustmark Corp | $ | 3,776 | ||||||
4,152,597 | Turkiye Garanti Bankasi AS | 10,116 | ||||||||
837,980 | Turkiye Halk Bankasi AS | 2,978 | ||||||||
1,729,781 | Turkiye Is Bankasi (Series C) | 2,722 | ||||||||
2,570,930 | Turkiye Sinai Kalkinma Bankasi AS | 1,338 | ||||||||
842,379 | Turkiye Vakiflar Bankasi Tao | 1,104 | ||||||||
107,600 | UMB Financial Corp | 5,009 | ||||||||
774,114 | Umpqua Holdings Corp | 12,308 | ||||||||
6,628,438 | UniCredit S.p.A | 36,647 | ||||||||
588,048 | Union Bank of India | 1,313 | ||||||||
1,566,039 | Union Bank Of Taiwan | 444 | ||||||||
138,545 | Union Bankshares Corp | 3,497 | ||||||||
173,240 | e | United Bankshares, Inc | 6,408 | |||||||
236,492 | United Community Banks, Inc | 4,609 | ||||||||
126,213 | United Community Financial Corp | 745 | ||||||||
243,877 | United Financial Bancorp, Inc (New) | 3,141 | ||||||||
1,613,545 | United Overseas Bank Ltd | 22,246 | ||||||||
63,961 | Univest Corp of Pennsylvania | 1,334 | ||||||||
5,511,465 | US Bancorp | 235,174 | ||||||||
46,238 | Valiant Holding | 5,431 | ||||||||
580,738 | e | Valley National Bancorp | 5,720 | |||||||
462,817 | Vijaya Bank | 238 | ||||||||
2,584,937 | Virgin Money Holdings UK plc | 14,488 | ||||||||
4,264,561 | VTB Bank OJSC (GDR) | 8,977 | ||||||||
66,349 | * | Walker & Dunlop, Inc | 1,912 | |||||||
92,849 | *,e | Walter Investment Management Corp | 1,320 | |||||||
232,572 | Washington Federal, Inc | 5,542 | ||||||||
42,022 | Washington Trust Bancorp, Inc | 1,661 | ||||||||
64,055 | Waterstone Financial, Inc | 903 | ||||||||
287,638 | Webster Financial Corp | 10,697 | ||||||||
21,607,989 | Wells Fargo & Co | 1,174,610 | ||||||||
109,759 | WesBanco, Inc | 3,295 | ||||||||
50,350 | West Bancorporation, Inc | 994 | ||||||||
65,849 | e | Westamerica Bancorporation | 3,078 | |||||||
419,472 | * | Western Alliance Bancorp | 15,042 | |||||||
5,320,738 | e | Westpac Banking Corp | 128,973 | |||||||
333,412 | Wilshire Bancorp, Inc | 3,851 | ||||||||
193,676 | Wintrust Financial Corp | 9,397 | ||||||||
814,533 | Woori Bank | 6,092 | ||||||||
70,495 | WSFS Financial Corp | 2,281 | ||||||||
100,254 | e | Yadkin Financial Corp | 2,523 | |||||||
119,000 | e | Yamagata Bank Ltd | 462 | |||||||
219,492 | e | Yamaguchi Financial Group, Inc | 2,600 | |||||||
453,000 | Yamanashi Chuo Bank Ltd | 2,315 | ||||||||
824,884 | Yapi ve Kredi Bankasi | 928 | ||||||||
1,097,944 | Yes Bank Ltd | 11,979 | ||||||||
2,249,464 | Zions Bancorporation | 61,410 | ||||||||
TOTAL BANKS | 8,716,022 | |||||||||
CAPITAL GOODS - 7.3% | ||||||||||
2,924,733 | 3M Co | 440,582 | ||||||||
275,322 | A.O. Smith Corp | 21,092 |
17 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
86,435 | Aalberts Industries NV | $ | 2,978 | |||||||
103,046 | Aaon, Inc | 2,393 | ||||||||
89,231 | AAR Corp | 2,346 | ||||||||
1,213,744 | ABB Ltd | 21,662 | ||||||||
135,216 | e | Abengoa S.A. | 60 | |||||||
225,821 | e | Abengoa S.A. (B Shares) | 48 | |||||||
3,531,652 | Aboitiz Equity Ventures, Inc | 4,332 | ||||||||
403,000 | AcBel Polytech, Inc | 283 | ||||||||
166,931 | * | Accuride Corp | 277 | |||||||
206,218 | ACS Actividades Construccion y Servicios S.A. | 6,033 | ||||||||
176,845 | Actuant Corp (Class A) | 4,237 | ||||||||
194,571 | Acuity Brands, Inc | 45,491 | ||||||||
698,471 | * | Adani Enterprises Ltd | 876 | |||||||
47,349 | Aditya Birla Nuvo Ltd | 1,543 | ||||||||
500,900 | Advan Co Ltd | 4,532 | ||||||||
83,587 | e | Advanced Drainage Systems, Inc | 2,009 | |||||||
525,743 | *,e | Aecom Technology Corp | 15,788 | |||||||
49,041 | Aecon Group, Inc | 545 | ||||||||
153,878 | * | Aegion Corp | 2,971 | |||||||
978,528 | * | AerCap Holdings NV | 42,233 | |||||||
159,160 | *,e | Aerojet Rocketdyne Holdings, Inc | 2,492 | |||||||
10,938 | * | AeroSpace Technology of Korea, Inc | 216 | |||||||
52,945 | * | Aerovironment, Inc | 1,560 | |||||||
35,070 | AFG Arbonia-Forster Hldg | 354 | ||||||||
12,672 | e | AG Growth International Inc | 305 | |||||||
387,899 | e | AGCO Corp | 17,607 | |||||||
50,098 | AIA Engineering Ltd | 674 | ||||||||
43,999 | Aica Kogyo Co Ltd | 865 | ||||||||
24,100 | Aichi Corp | 160 | ||||||||
177,400 | Aida Engineering Ltd | 1,828 | ||||||||
420,643 | e | Air Lease Corp | 14,083 | |||||||
153,556 | Aircastle Ltd | 3,208 | ||||||||
343,740 | Airtac International Group | 1,582 | ||||||||
61,125 | Akfen Holding AS. | 262 | ||||||||
27,886 | Alamo Group, Inc | 1,453 | ||||||||
67,663 | Alarko Holding AS | 71 | ||||||||
105,906 | Albany International Corp (Class A) | 3,871 | ||||||||
305,505 | Alfa Laval AB | 5,577 | ||||||||
6,375,429 | Alfa S.A. de C.V. (Class A) | 12,614 | ||||||||
24,562 | *,g | Alimak Group AB | 249 | |||||||
323,309 | Allegion plc | 21,313 | ||||||||
2,614,264 | Alliance Global Group, Inc | 891 | ||||||||
56,501 | Allied Motion Technologies, Inc | 1,479 | ||||||||
1,271,863 | Allison Transmission Holdings, Inc | 32,929 | ||||||||
31,744 | Alstom Projects India Ltd | 330 | ||||||||
316,799 | *,e | Alstom RGPT | 9,677 | |||||||
97,738 | * | Alstom T&D India Ltd | 697 | |||||||
66,355 | Altra Holdings, Inc | 1,664 | ||||||||
252,836 | Amada Co Ltd | 2,413 | ||||||||
59,386 | Amara Raja Batteries Ltd | 771 | ||||||||
70,368 | * | Ameresco, Inc | 440 | |||||||
24,174 | e | American Railcar Industries, Inc | 1,119 |
18 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
18,665 | e | American Science & Engineering, Inc | $ | 772 | ||||||
119,197 | * | American Woodmark Corp | 9,533 | |||||||
452,588 | Ametek, Inc | 24,254 | ||||||||
32,941 | Andritz AG. | 1,603 | ||||||||
139,158 | Apogee Enterprises, Inc | 6,055 | ||||||||
184,296 | e | Applied Industrial Technologies, Inc | 7,462 | |||||||
2,923,905 | * | Arabtec Holding Co | 982 | |||||||
66,255 | Arcadis NV | 1,332 | ||||||||
16,054 | *,e | Arcam AB | 349 | |||||||
71,465 | e | Argan, Inc | 2,315 | |||||||
24,038 | * | Armstrong World Industries, Inc | 1,099 | |||||||
238,707 | * | ArvinMeritor, Inc | 1,993 | |||||||
45,100 | Asahi Diamond Industrial Co Ltd | 482 | ||||||||
1,815,911 | e | Asahi Glass Co Ltd | 10,403 | |||||||
176,555 | Aselsan Elektronik Sanayi Ve Ticaret AS | 1,020 | ||||||||
1,002,497 | Ashok Leyland Ltd | 1,326 | ||||||||
2,747,898 | Ashtead Group plc | 45,224 | ||||||||
1,218,756 | Assa Abloy AB | 25,512 | ||||||||
452,066 | e | Astaldi S.p.A. | 2,750 | |||||||
53,607 | Astec Industries, Inc | 2,182 | ||||||||
28,802 | Astral Polytechnik Ltd | 190 | ||||||||
63,968 | * | Astronics Corp | 2,604 | |||||||
1,728 | * | Astronics Corp (Class B) | 70 | |||||||
788,016 | Asunaro Aoki Construction Co Ltd | 5,257 | ||||||||
290,092 | Atlas Copco AB (A Shares) | 7,114 | ||||||||
200,036 | Atlas Copco AB (B Shares) | 4,599 | ||||||||
68,294 | * | ATS Automation Tooling Systems, Inc | 562 | |||||||
2,546,584 | Austal Ltd | 2,895 | ||||||||
3,220,000 | *,e | AVIC International Holding HK Ltd | 326 | |||||||
2,794,843 | AviChina Industry & Technology Co | 2,184 | ||||||||
64,521 | AZZ, Inc | 3,585 | ||||||||
46,388 | B&B Tools AB | 676 | ||||||||
94,083 | * | Babcock & Wilcox Enterprises, Inc | 1,964 | |||||||
32,209 | e | Badger Daylighting Ltd | 568 | |||||||
6,895,018 | BAE Systems plc | 50,765 | ||||||||
598,948 | * | Balfour Beatty plc | 2,386 | |||||||
158,000 | Bando Chemical Industries Ltd | 659 | ||||||||
458,000 | Baoye Group Co Ltd | 309 | ||||||||
251,172 | Barloworld Ltd | 1,010 | ||||||||
253,932 | Barnes Group, Inc | 8,987 | ||||||||
23,533 | Bauer AG. | 445 | ||||||||
11,648 | e | BayWa AG. | 360 | |||||||
188,151 | BE Aerospace, Inc | 7,972 | ||||||||
56 | * | Beacon Power Corp | 0 | ^ | ||||||
123,152 | * | Beacon Roofing Supply, Inc | 5,071 | |||||||
601,441 | Beijing Enterprises Holdings Ltd | 3,626 | ||||||||
1,223,000 | g | Beijing Urban Construction Design & Development Group Co Ltd | 789 | |||||||
9,824 | * | BEML Ltd | 190 | |||||||
6,949,500 | Berjaya Corp BHD | 605 | ||||||||
5,237,000 | BES Engineering Corp | 1,138 | ||||||||
95,454 | Bharat Electronics Ltd | 1,972 |
19 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
811,571 | Bharat Heavy Electricals | $ | 2,066 | |||||||
380,630 | Bidvest Group Ltd | 8,079 | ||||||||
108,709 | Biesse S.p.A. | 1,866 | ||||||||
143,191 | Bird Construction Income Fund | 1,345 | ||||||||
157,885 | Bizlink Holdings Inc | 696 | ||||||||
482,100 | BJC Heavy Industries PCL-F | 73 | ||||||||
225,971 | * | Blount International, Inc | 2,217 | |||||||
6,033 | *,e | Blue Bird Corp | 61 | |||||||
21,573 | * | Blue Star Ltd | 128 | |||||||
74,247 | *,e | BMC Stock Holdings, Inc | 1,244 | |||||||
17,253 | Bobst Group AG. | 723 | ||||||||
166,883 | Bodycote plc | 1,393 | ||||||||
1,995,108 | Boeing Co | 288,473 | ||||||||
269,000 | e | Boer Power Holdings Ltd | 483 | |||||||
434,000 | e | Bolina Holding Co Ltd | 110 | |||||||
1,955,182 | * | Bombardier, Inc | 1,893 | |||||||
172,916 | Boskalis Westminster | 7,054 | ||||||||
4,935 | e | Bossard Holding AG. | 540 | |||||||
263,672 | Bouygues S.A. | 10,455 | ||||||||
114,418 | Brammer plc | 307 | ||||||||
71,960 | Brenntag AG. | 3,750 | ||||||||
148,209 | Briggs & Stratton Corp | 2,564 | ||||||||
5,786 | Bucher Industries AG. | 1,304 | ||||||||
24,392 | Budimex S.A. | 1,203 | ||||||||
126,043 | * | Builders FirstSource, Inc | 1,397 | |||||||
43,900 | e | Bunka Shutter Co Ltd | 372 | |||||||
299,041 | Bunzl plc | 8,297 | ||||||||
38,480 | Burckhardt Compression Holding AG. | 11,782 | ||||||||
3,126 | Burkhalter Holding AG. | 339 | ||||||||
706,996 | BWX Technologies, Inc | 22,461 | ||||||||
25,888 | Byucksan Corp | 186 | ||||||||
417,516 | CAE, Inc | 4,632 | ||||||||
575,057 | *,e | Caesarstone Sdot-Yam Ltd | 24,923 | |||||||
456,000 | Cahya Mata Sarawak BHD | 544 | ||||||||
44,879 | * | CAI International, Inc | 452 | |||||||
11,076 | Carbone Lorraine | 205 | ||||||||
95,634 | e | Cardno Ltd | 80 | |||||||
31,142 | e | Cargotec Corp (B Shares) | 1,162 | |||||||
1,332,197 | e | Carillion plc | 5,950 | |||||||
59,548 | e | Carlisle Cos, Inc | 5,281 | |||||||
648,325 | e | Caterpillar, Inc | 44,060 | |||||||
611,600 | CB Industrial Product Holding BHD | 292 | ||||||||
9,483 | *,m | CCL International Ltd | 4 | |||||||
1,137,327 | Central Glass Co Ltd | 5,216 | ||||||||
21,345 | CENTROTEC Sustainable AG. | 306 | ||||||||
2,803 | * | Cera Sanitaryware Ltd | 85 | |||||||
1,260,000 | * | CGN Mining Co Ltd | 97 | |||||||
2,814,975 | CH Karnchang PCL | 2,256 | ||||||||
692,300 | Changchai Co Ltd | 504 | ||||||||
77,414 | * | Chart Industries, Inc | 1,390 | |||||||
166,233 | * | Cheil Industries, Inc | 19,622 | |||||||
169,407 | Chemring Group plc | 475 |
20 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
550,300 | *,m | Chengde Nanjiang Co Ltd | $ | 205 | ||||||
187,314 | e | Chicago Bridge & Iron Co NV | 7,303 | |||||||
393,283 | Chicony Power Technology Co Ltd | 501 | ||||||||
2,424,500 | e | China Aircraft Leasing Group Holdings Ltd | 2,490 | |||||||
12,200,000 | * | China Automation Group Ltd | 1,346 | |||||||
5,609,476 | China Communications Construction Co Ltd | 5,684 | ||||||||
1,608,500 | e | China Conch Venture Holdings Ltd | 3,328 | |||||||
3,070,000 | *,e | China Dynamics Holdings Ltd | 145 | |||||||
31,000 | China Ecotek Corp | 56 | ||||||||
1,898,000 | China Energine International Holdings Ltd | 168 | ||||||||
351,550 | China Fangda Group Co Ltd | 325 | ||||||||
983,000 | * | China High Speed Transmission Equipment Group Co Ltd | 787 | |||||||
4,654,000 | *,e | China Huarong Energy Co Ltd | 145 | |||||||
630,005 | China International Marine Containers Group Co Ltd | 1,147 | ||||||||
1,064,000 | e | China Lesso Group Holdings Ltd | 738 | |||||||
15,000,000 | * | China Ocean Shipbuilding Industry Group Ltd | 453 | |||||||
7,093,363 | China Railway Construction Corp | 8,730 | ||||||||
4,656,697 | China Railway Group Ltd | 3,512 | ||||||||
2,842,400 | e | China Singyes Solar Technologies Holdings Ltd | 2,033 | |||||||
2,126,656 | China State Construction International Holdings Ltd | 3,678 | ||||||||
34,070,000 | *,e | China Strategic Holdings Ltd | 953 | |||||||
357,500 | * | China Textile Machinery | 282 | |||||||
11,903 | China Yuchai International Ltd | 128 | ||||||||
1,412,400 | Chip Eng Seng Corp Ltd | 706 | ||||||||
146,900 | Chiyoda Corp | 1,115 | ||||||||
10,400 | Chiyoda Integre Co Ltd | 242 | ||||||||
17,562,000 | Chongqing Machinery & Electric Co Ltd | 2,292 | ||||||||
26,600 | Chudenko Corp | 586 | ||||||||
606,375 | Chung Hsin Electric & Machinery Manufacturing Corp | 311 | ||||||||
213,184 | CIMIC Group Ltd | 3,740 | ||||||||
715,939 | * | CIR-Compagnie Industriali Riunite S.p.A. | 750 | |||||||
43,067 | CIRCOR International, Inc | 1,815 | ||||||||
4,712,084 | Citic Pacific Ltd | 8,309 | ||||||||
2,695,000 | *,e | Citic Resources Holdings Ltd | 277 | |||||||
15,313 | CJ Corp | 3,253 | ||||||||
3,481,316 | CK Hutchison Holdings Ltd | 46,796 | ||||||||
160,900 | CKD Corp | 1,599 | ||||||||
161,726 | Clarcor, Inc | 8,035 | ||||||||
316,310 | e | CNH Industrial NV | 2,166 | |||||||
195,266 | Coastal Contracts BHD | 83 | ||||||||
425,108 | Cobham plc | 1,775 | ||||||||
453,448 | * | Cofide S.p.A. | 205 | |||||||
185,869 | *,e | Colfax Corp | 4,340 | |||||||
82,417 | Columbus McKinnon Corp | 1,558 | ||||||||
179,783 | Comfort Systems USA, Inc | 5,109 | ||||||||
66,609 | * | Commercial Vehicle Group, Inc | 184 | |||||||
2,137,845 | Compagnie de Saint-Gobain | 92,644 | ||||||||
24,814 | Compagnie d’Entreprises CFE | 2,940 | ||||||||
128,800 | e | COMSYS Holdings Corp | 1,811 | |||||||
37,218 | Concentric AB | 472 | ||||||||
837,300 | Concepcion Industrial Corp | 765 | ||||||||
18,320,000 | e | Concord New Energy Group Ltd | 1,095 |
21 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
73,386 | *,e | Consolidated Infrastructure Group Ltd | $ | 151 | ||||||
1,637 | e | Construcciones y Auxiliar de Ferrocarriles S.A. | 455 | |||||||
196,520 | * | Continental Building Products Inc | 3,431 | |||||||
1,087,450 | * | Continental Engineering Corp | 323 | |||||||
2,011 | Conzzeta AG. | 1,283 | ||||||||
1,080,000 | e | Cosco Corp Singapore Ltd | 350 | |||||||
18,685 | Cosel Co Ltd | 168 | ||||||||
13,339 | * | COSON Co Ltd | 251 | |||||||
169,452 | Costain Group plc | 938 | ||||||||
32,947 | Cramo Oyj (Series B) | 680 | ||||||||
101,687 | Crane Co | 4,865 | ||||||||
818,022 | Crompton Greaves Ltd | 2,367 | ||||||||
43,011 | CS Wind Corp | 905 | ||||||||
428,590 | CSBC Corp Taiwan | 187 | ||||||||
5,163,301 | e | CSR Corp Ltd | 6,343 | |||||||
586,000 | CTCI Corp | 637 | ||||||||
84,268 | Cubic Corp | 3,982 | ||||||||
431,148 | Cummins, Inc | 37,945 | ||||||||
184,891 | Curtiss-Wright Corp | 12,665 | ||||||||
34,803 | Daelim Industrial Co | 1,965 | ||||||||
34,141 | Daesang Holdings Co Ltd | 554 | ||||||||
7,462 | Daetwyler Holding AG. | 1,066 | ||||||||
121,847 | * | Daewoo Engineering & Construction Co Ltd | 576 | |||||||
52,809 | Daewoo International Corp | 727 | ||||||||
74,000 | Daifuku Co Ltd | 1,260 | ||||||||
93,641 | Daihen Corp | 441 | ||||||||
33,000 | Daiichi Jitsugyo Co Ltd | 148 | ||||||||
180,975 | Daikin Industries Ltd | 13,179 | ||||||||
23,600 | Daiwa Industries Ltd | 184 | ||||||||
92,000 | Dalian Refrigeration Co Ltd | 114 | ||||||||
1,156,721 | Danaher Corp | 107,436 | ||||||||
12,102 | Danieli & Co S.p.A. | 231 | ||||||||
40,412 | Danieli & Co S.p.A. (RSP) | 575 | ||||||||
10,596 | Dawonsys Co Ltd | 266 | ||||||||
104,081 | DCC plc | 8,695 | ||||||||
200,325 | e | Deere & Co | 15,279 | |||||||
30,900 | Denyo Co Ltd | 482 | ||||||||
89,476 | Deutz AG. | 356 | ||||||||
29,022 | e | Dialight plc | 195 | |||||||
4,592,856 | Dialog Group BHD | 1,707 | ||||||||
4,360,000 | *,e | Digital Domain Holdings Ltd | 285 | |||||||
308,867 | * | DigitalGlobe, Inc | 4,837 | |||||||
205,473 | Diploma plc | 2,305 | ||||||||
72,510 | * | DIRTT Environmental Solutions | 364 | |||||||
4,753,160 | DMCI Holdings, Inc | 1,390 | ||||||||
1,034,376 | * | Dogan Sirketler Grubu Holdings | 202 | |||||||
77,605 | Donaldson Co, Inc | 2,224 | ||||||||
32,607 | * | Dong Yang Gang Chul Co Ltd | 195 | |||||||
26,169 | Dongkuk Structures & Construction Co Ltd | 108 | ||||||||
6,487 | Doosan Corp | 487 | ||||||||
21,971 | * | Doosan Engine Co Ltd | 60 | |||||||
56,030 | Doosan Heavy Industries and Construction Co Ltd | 975 |
22 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
134,820 | * | Doosan Infracore Co Ltd | $ | 534 | ||||||
127,363 | e | Douglas Dynamics, Inc | 2,684 | |||||||
665,686 | e | Dover Corp | 40,813 | |||||||
44,279 | * | Ducommun, Inc | 718 | |||||||
96,650 | Duerr AG. | 7,670 | ||||||||
65,598 | e | Duro Felguera S.A. | 94 | |||||||
72,694 | * | DXP Enterprises, Inc | 1,657 | |||||||
130,447 | *,e | Dycom Industries, Inc | 9,126 | |||||||
5,017,800 | Dynasty Ceramic PCL | 584 | ||||||||
1,044 | e Tec E&C Ltd | 117 | ||||||||
936,030 | Eaton Corp | 48,711 | ||||||||
956,828 | Ebara Corp | 4,547 | ||||||||
20,633 | Eicher Motors Ltd | 5,238 | ||||||||
139,686 | Eiffage S.A. | 9,028 | ||||||||
64,413 | Elbit Systems Ltd | 5,671 | ||||||||
1,770 | Electra Israel Ltd | 218 | ||||||||
474,400 | *,e,g | Elementia SAB de C.V. | 632 | |||||||
32,633 | *,g | Eltel AB | 326 | |||||||
173,885 | EMCOR Group, Inc | 8,353 | ||||||||
366,597 | Emerson Electric Co | 17,534 | ||||||||
1,184,484 | Empresa Brasileira de Aeronautica S.A. | 9,001 | ||||||||
516,300 | *,e | Empresas ICA Sociedad Controladora S.A. de C.V. | 106 | |||||||
60,182 | Encore Wire Corp | 2,232 | ||||||||
6,279,000 | *,e | Enerchina Holdings Ltd | 362 | |||||||
125,907 | EnerSys | 7,042 | ||||||||
82,724 | Engility Holdings, Inc | 2,687 | ||||||||
178,369 | Engineers India Ltd | 648 | ||||||||
483,100 | Enka Insaat ve Sanayi AS | 748 | ||||||||
75,746 | *,e | Enphase Energy, Inc | 266 | |||||||
124,057 | e | EnPro Industries, Inc | 5,439 | |||||||
516,000 | e | Enric Energy Equipment Holdings Ltd | 301 | |||||||
30,000 | e | EPCO Co Ltd | 404 | |||||||
67,712 | ESCO Technologies, Inc | 2,447 | ||||||||
52,611 | Escorts Ltd | 136 | ||||||||
74,219 | * | Esterline Technologies Corp | 6,012 | |||||||
737,755 | European Aeronautic Defence and Space Co | 49,715 | ||||||||
3,504,000 | EVA Precision Industrial Holdings Ltd | 620 | ||||||||
23,916 | Exco Technologies Ltd | 292 | ||||||||
20,039 | * | FACC AG. | 156 | |||||||
14,432 | Faiveley S.A. | 1,498 | ||||||||
146,941 | Fanuc Ltd | 25,316 | ||||||||
672,000 | Far East Global Group Ltd | 115 | ||||||||
7,106,143 | Far Eastern Textile Co Ltd | 5,552 | ||||||||
772,702 | e | Fastenal Co | 31,542 | |||||||
12,540,000 | *,e | FDG Electric Vehicles Ltd | 773 | |||||||
257,091 | Federal Signal Corp | 4,075 | ||||||||
1,362 | Feintool International Holding AG. | 120 | ||||||||
171,374 | Fenner plc | 361 | ||||||||
542,706 | Ferrovial S.A. | 12,272 | ||||||||
448,541 | *,e | Fincantieri S.p.A | 194 | |||||||
644,000 | * | Finmeccanica S.p.A. | 8,954 | |||||||
476,552 | Finning International, Inc | 6,433 |
23 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
139,765 | Finolex Cables Ltd | $ | 533 | |||||||
420,000 | e | First Tractor Co | 268 | |||||||
97,021 | Flowserve Corp | 4,083 | ||||||||
274,538 | e | FLSmidth & Co AS | 9,539 | |||||||
147,720 | Fluor Corp | 6,975 | ||||||||
128,807 | *,e | Fomento de Construcciones y Contratas S.A. | 977 | |||||||
3,192 | * | Force Motors Ltd | 148 | |||||||
747,803 | Fortune Brands Home & Security, Inc | 41,503 | ||||||||
1,107,930 | Foshan Electrical and Lighting Co Ltd | 1,171 | ||||||||
3,511,753 | Fosun International | 5,457 | ||||||||
119,808 | Franklin Electric Co, Inc | 3,238 | ||||||||
123,734 | Freightcar America, Inc | 2,404 | ||||||||
369,200 | e | Fudo Tetra Corp | 432 | |||||||
58,825 | *,e | FuelCell Energy, Inc | 292 | |||||||
1,248,438 | Fuji Electric Holdings Co Ltd | 5,236 | ||||||||
186,692 | Fuji Machine Manufacturing Co Ltd | 1,963 | ||||||||
894,978 | Fujikura Ltd | 4,834 | ||||||||
61,100 | Fujitec Co Ltd | 625 | ||||||||
27,000 | Fukuda Corp | 276 | ||||||||
11,900 | Fukushima Industries Corp | 281 | ||||||||
96,794 | * | Furmanite Corp | 645 | |||||||
346,000 | Furukawa Co Ltd | 711 | ||||||||
898,000 | Furukawa Electric Co Ltd | 1,901 | ||||||||
107,919 | Futaba Corp/Chiba | 1,449 | ||||||||
291,267 | Galliford Try plc | 6,545 | ||||||||
538,035 | Gamesa Corp Tecnologica S.A. | 9,211 | ||||||||
2,126,051 | Gamuda BHD | 2,303 | ||||||||
84,503 | e | GATX Corp | 3,596 | |||||||
15,297 | * | Gayatri Projects Ltd | 170 | |||||||
46,601 | GEA Group AG. | 1,883 | ||||||||
9,222 | Geberit AG. | 3,124 | ||||||||
28,000 | Gecoss Corp | 240 | ||||||||
174,637 | *,e | Generac Holdings, Inc | 5,199 | |||||||
140,035 | General Cable Corp | 1,881 | ||||||||
792,683 | General Dynamics Corp | 108,883 | ||||||||
26,987,947 | General Electric Co | 840,675 | ||||||||
4,048 | Georg Fischer AG. | 2,748 | ||||||||
4,028 | Gesco AG. | 310 | ||||||||
118,514 | * | Gibraltar Industries, Inc | 3,015 | |||||||
8,100 | e | Giken Seisakusho Co, Inc | 102 | |||||||
37,227 | Gildemeister AG. | 1,537 | ||||||||
281,605 | Global Brass & Copper Holdings, Inc | 5,998 | ||||||||
82,156 | Glory Ltd | 2,522 | ||||||||
1,457,607 | GMR Infrastructure Ltd | 360 | ||||||||
61,775 | Gorman-Rupp Co | 1,651 | ||||||||
62,694 | Graco, Inc | 4,518 | ||||||||
399,329 | Grafton Group plc | 4,361 | ||||||||
31,858 | Graham Corp | 536 | ||||||||
97,277 | Granite Construction, Inc | 4,174 | ||||||||
152,985 | * | Great Lakes Dredge & Dock Corp | 606 | |||||||
68,627 | Greaves Cotton Ltd | 148 | ||||||||
67,410 | e | Greenbrier Cos, Inc | 2,199 |
24 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
84,634 | e | Griffon Corp | $ | 1,506 | ||||||
600,761 | Grupo Carso S.A. de C.V. (Series A1) | 2,474 | ||||||||
175,700 | *,e | Grupo Rotoplas SAB de C.V. | 301 | |||||||
60,347 | * | GS Engineering & Construction Corp | 1,000 | |||||||
323,000 | GS Yuasa Corp | 1,200 | ||||||||
532,100 | Gunkul Engineering PCL | 317 | ||||||||
1,198,000 | *,e | Guodian Technology & Environment Group Corp Ltd | 106 | |||||||
184,693 | e | GWA International Ltd | 265 | |||||||
78,097 | H&E Equipment Services, Inc | 1,365 | ||||||||
890,360 | Haitian International Holdings Ltd | 1,292 | ||||||||
86,240 | Haldex AB | 807 | ||||||||
195,244 | * | Halim Co Ltd | 731 | |||||||
549,730 | Hangzhou Steam Turbine Co | 1,125 | ||||||||
64,205 | * | Hanjin Heavy Industries & Construction Co Ltd | 210 | |||||||
2,594,395 | Hanwa Co Ltd | 11,203 | ||||||||
45,246 | Hanwha Corp | 1,500 | ||||||||
308,400 | HAP Seng Consolidated BHD | 465 | ||||||||
2,582,000 | e | Harbin Power Equipment | 1,217 | |||||||
23,400 | e | Harmonic Drive Systems, Inc | 506 | |||||||
364,077 | Harsco Corp | 2,869 | ||||||||
638,518 | Havells India Ltd | 2,933 | ||||||||
375,100 | Hazama Ando Corp | 2,023 | ||||||||
156,064 | *,e | HC2 Holdings, Inc | 826 | |||||||
571,398 | * | HD Supply Holdings, Inc | 17,159 | |||||||
65,074 | HEICO Corp | 3,537 | ||||||||
99,013 | HEICO Corp (Class A) | 4,871 | ||||||||
212,406 | *,e | Heidelberger Druckmaschinen | 521 | |||||||
126,369 | * | Hellenic Technodomiki Tev S.A. | 198 | |||||||
69,568 | e | Hexagon Composites ASA | 179 | |||||||
54,783 | e | Hexcel Corp | 2,545 | |||||||
37,800 | Hibiya Engineering Ltd | 518 | ||||||||
160,763 | Hillenbrand, Inc | 4,763 | ||||||||
490,930 | * | Hindustan Construction Co | 186 | |||||||
314,920 | Hino Motors Ltd | 3,640 | ||||||||
17,600 | Hisaka Works Ltd | 140 | ||||||||
75,991 | e | Hitachi Construction Machinery Co Ltd | 1,182 | |||||||
157,100 | Hitachi Koki Co Ltd | 1,124 | ||||||||
138,500 | Hitachi Zosen Corp | 760 | ||||||||
229,384 | Hiwin Technologies Corp | 898 | ||||||||
5,793,000 | * | HKC Holdings Ltd | 123 | |||||||
4,368 | Hochtief AG. | 405 | ||||||||
554,835 | Hock Seng Lee BHD | 244 | ||||||||
5,182,140 | Honeywell International, Inc | 536,714 | ||||||||
1,391,300 | Hopewell Holdings | 4,984 | ||||||||
46,600 | Hoshizaki Electric Co Ltd | 2,897 | ||||||||
108,582 | Hosken Consolidated Investments Ltd | 811 | ||||||||
18,230 | e | Houston Wire & Cable Co | 96 | |||||||
8,965,000 | e | Hsin Chong Construction Group Ltd | 888 | |||||||
109,800 | * | Huangshi Dongbei Electrical Appliance Co Ltd | 234 | |||||||
30,197 | Hubbell, Inc | 3,051 | ||||||||
23,713 | Huber & Suhner AG. | 1,103 | ||||||||
62,155 | Hudaco Industries Ltd | 381 |
25 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
275,524 | Huntington Ingalls | $ | 34,950 | |||||||
25,682 | Hurco Cos, Inc | 682 | ||||||||
18,844 | Hy-Lok Corp | 398 | ||||||||
22,386 | Hyster-Yale Materials Handling, Inc | 1,174 | ||||||||
33,404 | Hyundai Corp | 809 | ||||||||
67,585 | Hyundai Development Co | 2,209 | ||||||||
8,480 | * | Hyundai Elevator Co Ltd | 432 | |||||||
455,878 | Hyundai Engineering & Construction Co Ltd | 10,944 | ||||||||
45,470 | * | Hyundai Heavy Industries | 3,361 | |||||||
10,848 | * | Hyundai Mipo Dockyard | 475 | |||||||
25,147 | * | Hyundai Rotem Co Ltd | 312 | |||||||
21,600 | Idec Corp | 195 | ||||||||
75,379 | IDEX Corp | 5,775 | ||||||||
3,621,014 | IJM Corp BHD | 2,847 | ||||||||
19,608 | Iljin Holdings Co Ltd | 198 | ||||||||
408,781 | Illinois Tool Works, Inc | 37,886 | ||||||||
63,024 | IMARKETKOREA, Inc | 1,352 | ||||||||
164,773 | IMI plc | 2,091 | ||||||||
12,842 | Implenia AG. | 655 | ||||||||
457,569 | Impregilo S.p.A. | 1,978 | ||||||||
27,391 | IMS-Intl Metal Service | 426 | ||||||||
52,610 | Inaba Denki Sangyo Co Ltd | 1,681 | ||||||||
45,800 | Inabata & Co Ltd | 462 | ||||||||
74,518 | Indus Holding AG. | 3,584 | ||||||||
42,231 | e | Industria Macchine Automatiche S.p.A. | 2,192 | |||||||
215,870 | * | Industries Qatar QSC | 6,566 | |||||||
67,116 | Indutrade AB | 3,807 | ||||||||
8,323 | Ingersoll-Rand India Ltd | 97 | ||||||||
1,273,978 | Ingersoll-Rand plc | 70,438 | ||||||||
62,762 | Insteel Industries, Inc | 1,313 | ||||||||
61,466 | Interpump Group S.p.A. | 953 | ||||||||
306,177 | Interserve plc | 2,336 | ||||||||
112,345 | e | Invicta Holdings Ltd | 326 | |||||||
176,492 | Inwido AB | 2,312 | ||||||||
126,500 | Iochpe-Maxion S.A. | 392 | ||||||||
830,205 | IRB Infrastructure Developers Ltd | 3,047 | ||||||||
9,447 | IS Dongseo Co Ltd | 355 | ||||||||
151,000 | e | Iseki & Co Ltd | 236 | |||||||
1,847 | ISGEC Heavy Engineering Ltd | 145 | ||||||||
8,295,301 | Ishikawajima-Harima Heavy Industries Co Ltd | 22,899 | ||||||||
1,675,550 | * | Italian-Thai Development PCL | 347 | |||||||
2,159,633 | Itochu Corp | 25,545 | ||||||||
96,051 | ITT Corp | 3,489 | ||||||||
64,128 | * | IVRCL Infrastructures & Projects Ltd | 9 | |||||||
153,000 | e | Iwatani International Corp | 790 | |||||||
272,799 | * | Jacobs Engineering Group, Inc | 11,444 | |||||||
649,454 | * | Jain Irrigation Systems Ltd | 675 | |||||||
9,300 | Jamco Corp | 312 | ||||||||
65,604 | Japan Pulp & Paper Co Ltd | 182 | ||||||||
310,000 | Japan Steel Works Ltd | 1,088 | ||||||||
4,355,246 | JG Summit Holdings (Series B) | 6,778 | ||||||||
58,481 | JGC Corp | 895 |
26 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
6,950,000 | e | Jiangnan Group Ltd | $ | 1,358 | ||||||
122,096 | John Bean Technologies Corp | 6,084 | ||||||||
1,051,880 | John Keells Holdings plc | 1,293 | ||||||||
128,200 | g | John Laing Group plc | 397 | |||||||
531,375 | Johnson Electric Holdings Ltd | 1,816 | ||||||||
366,027 | e | Joy Global, Inc | 4,616 | |||||||
1,199,691 | JTEKT Corp | 19,637 | ||||||||
24,600 | e | Juki Corp | 219 | |||||||
13,896 | Jungheinrich AG. | 1,146 | ||||||||
3,337 | * | JVM Co Ltd | 158 | |||||||
61,511 | Kadant, Inc | 2,498 | ||||||||
46,904 | * | Kajaria Ceramics Ltd | 694 | |||||||
204,724 | Kajima Corp | 1,218 | ||||||||
38,227 | * | Kalpataru Power Transmission Ltd | 147 | |||||||
247,300 | * | Kama Co Ltd | 343 | |||||||
83,242 | Kaman Corp | 3,397 | ||||||||
55,900 | Kamei Corp | 547 | ||||||||
63,900 | Kanamoto Co Ltd | 1,616 | ||||||||
190,000 | Kandenko Co Ltd | 1,275 | ||||||||
470,000 | Kanematsu Corp | 791 | ||||||||
1,415,387 | KAP Industrial Holdings Ltd | 632 | ||||||||
5,371 | Kardex AG. | 415 | ||||||||
17,900 | Katakura Industries Co Ltd | 192 | ||||||||
81,000 | Kato Works Co Ltd | 353 | ||||||||
1,533,171 | Kawasaki Heavy Industries Ltd | 5,673 | ||||||||
1,148,599 | KBR, Inc | 19,434 | ||||||||
6,990 | KCC Corp | 2,466 | ||||||||
61,861 | KEC International Ltd | 145 | ||||||||
414,146 | Keihan Electric Railway Co Ltd | 2,774 | ||||||||
149,616 | Keller Group plc | 1,832 | ||||||||
25,553 | Kendrion NV | 673 | ||||||||
1,469,387 | e | Kennametal, Inc | 28,212 | |||||||
13,270 | KEPCO Engineering & Construction Co, Inc | 388 | ||||||||
1,263,277 | Keppel Corp Ltd | 5,771 | ||||||||
90,235 | *,e | KEYW Holding Corp | 543 | |||||||
78,892 | Kier Group plc | 1,616 | ||||||||
374,100 | Kinden Corp | 4,770 | ||||||||
102,500 | King Slide Works Co Ltd | 1,325 | ||||||||
143,019 | Kingspan Group plc | 3,771 | ||||||||
102,000 | Kinik Co | 158 | ||||||||
152,130 | KION Group AG. | 7,544 | ||||||||
283,500 | Kitz Corp | 1,273 | ||||||||
86,632 | e | Kloeckner & Co AG. | 749 | |||||||
131,381 | * | KLX, Inc | 4,045 | |||||||
722,419 | KOC Holding AS | 2,706 | ||||||||
641,583 | Komatsu Ltd | 10,498 | ||||||||
7,903 | Komax Holding AG. | 1,533 | ||||||||
178,490 | Komori Corp | 2,088 | ||||||||
282,389 | e | Kone Oyj (Class B) | 11,957 | |||||||
617,213 | e | Konecranes Oyj | 15,276 | |||||||
200,058 | * | Koninklijke BAM Groep NV | 1,112 | |||||||
1,908,312 | Koninklijke Philips Electronics NV | 48,708 |
27 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
86,684 | Korea Aerospace Industries Ltd | $ | 5,722 | |||||||
7,044 | Korea Cast Iron Pipe Industries Co Ltd | 69 | ||||||||
16,713 | Korea Electric Terminal Co Ltd | 1,400 | ||||||||
5,149 | *,e | Kornit Digital Ltd | 56 | |||||||
119,384 | *,e | Kratos Defense & Security Solutions, Inc | 489 | |||||||
40,308 | Krones AG. | 4,800 | ||||||||
836,158 | Kubota Corp | 12,918 | ||||||||
80,332 | e | KUKA AG. | 7,189 | |||||||
930,000 | e | Kumagai Gumi Co Ltd | 2,670 | |||||||
138,006 | * | Kumho Industrial Co Ltd | 1,736 | |||||||
316,000 | Kung Long Batteries Industrial Co Ltd | 1,262 | ||||||||
182,616 | Kuo Toong International Co Ltd | 195 | ||||||||
24,898 | Kurita Water Industries Ltd | 521 | ||||||||
30,870 | Kuroda Electric Co Ltd | 570 | ||||||||
72,900 | Kyokuto Kaihatsu Kogyo Co Ltd | 809 | ||||||||
324,900 | Kyowa Exeo Corp | 3,336 | ||||||||
113,000 | e | Kyudenko Corp | 2,024 | |||||||
5,345 | Kyung Dong Navien Co Ltd | 142 | ||||||||
509,392 | L-3 Communications Holdings, Inc | 60,877 | ||||||||
2,565 | Lakshmi Machine Works Ltd | 150 | ||||||||
484,379 | Larsen & Toubro Ltd | 9,310 | ||||||||
19,800 | * | Lawson Products, Inc | 462 | |||||||
44,506 | LB Foster Co (Class A) | 608 | ||||||||
128,065 | Legrand S.A. | 7,244 | ||||||||
157,803 | Lennox International, Inc | 19,710 | ||||||||
238,665 | LG Corp | 14,347 | ||||||||
21,237 | LG Hausys Ltd | 2,623 | ||||||||
117,420 | LG International Corp | 3,352 | ||||||||
106,623 | Lincoln Electric Holdings, Inc | 5,533 | ||||||||
58,105 | Lindab International AB | 430 | ||||||||
30,204 | e | Lindsay Manufacturing Co | 2,187 | |||||||
31,595 | LISI | 857 | ||||||||
228,165 | LIXIL Group Corp | 5,067 | ||||||||
658,756 | Lockheed Martin Corp | 143,049 | ||||||||
7,073,000 | Lonking Holdings Ltd | 1,025 | ||||||||
57,643 | LS Cable Ltd | 1,960 | ||||||||
14,733 | LS Industrial Systems Co Ltd | 574 | ||||||||
55,517 | LSI Industries, Inc | 677 | ||||||||
256,000 | * | Luoyang Glass Co Ltd | 168 | |||||||
42,385 | * | Lydall, Inc | 1,504 | |||||||
13,385 | Mabuchi Motor Co Ltd | 725 | ||||||||
31,459 | MacDonald Dettwiler & Associates Ltd | 1,893 | ||||||||
1,129,000 | e | Maeda Corp | 7,628 | |||||||
14,200 | e | Maeda Kosen Co Ltd | 130 | |||||||
105,000 | Maeda Road Construction Co Ltd | 1,760 | ||||||||
14,404 | Magellan Aerospace Corp | 168 | ||||||||
92,875 | *,e | Maire Tecnimont S.p.A | 251 | |||||||
398,748 | Makino Milling Machine Co Ltd | 3,000 | ||||||||
28,607 | Makita Corp | 1,649 | ||||||||
1,991,500 | Malaysian Resources Corp BHD | 590 | ||||||||
14,710 | MAN AG. | 1,478 | ||||||||
8,684 | Manitou BF S.A. | 133 |
28 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,233,731 | e | Manitowoc Co, Inc | $ | 18,938 | ||||||
13,682 | * | Mannai Corp QSC | 358 | |||||||
435,500 | Marcopolo S.A. | 203 | ||||||||
2,029,959 | Marubeni Corp | 10,436 | ||||||||
2,973,307 | Masco Corp | 84,145 | ||||||||
105,363 | * | Masonite International Corp | 6,451 | |||||||
185,093 | * | Mastec, Inc | 3,217 | |||||||
28,000 | Max Co Ltd | 289 | ||||||||
1,687,348 | Meggitt plc | 9,316 | ||||||||
200,000 | Meidensha Corp | 805 | ||||||||
933,261 | Melrose Industries plc | 3,998 | ||||||||
47,700 | e | METAWATER Co Ltd | 1,169 | |||||||
25,774 | Metka S.A. | 201 | ||||||||
29,855 | Metso Oyj | 669 | ||||||||
79,324 | *,e | Meyer Burger Technology AG. | 472 | |||||||
71,003 | Micron Machinery Co Ltd | 2,005 | ||||||||
175,486 | * | Middleby Corp | 18,930 | |||||||
58,561 | *,e | Milacron Holdings Corp | 733 | |||||||
28,663 | e | Miller Industries, Inc | 624 | |||||||
379,000 | Minebea Co Ltd | 3,245 | ||||||||
423,200 | Miraito Holdings Corp | 3,487 | ||||||||
253,400 | MISUMI Group, Inc | 3,500 | ||||||||
2,091,394 | Mitsubishi Corp | 34,786 | ||||||||
1,816,757 | Mitsubishi Electric Corp | 19,070 | ||||||||
3,980,952 | Mitsubishi Heavy Industries Ltd | 17,407 | ||||||||
25,900 | Mitsubishi Nichiyu Forklift Co Ltd | 105 | ||||||||
120,700 | Mitsuboshi Belting Co Ltd | 962 | ||||||||
2,200,064 | Mitsui & Co Ltd | 26,141 | ||||||||
725,000 | Mitsui Engineering & Shipbuilding Co Ltd | 1,194 | ||||||||
70,700 | Miura Co Ltd | 1,001 | ||||||||
3,438,230 | MMC Corp BHD | 1,565 | ||||||||
602,375 | e | Monadelphous Group Ltd | 2,858 | |||||||
155,700 | MonotaRO Co Ltd | 4,308 | ||||||||
174,330 | * | Moog, Inc (Class A) | 10,564 | |||||||
249,007 | Morgan Crucible Co plc | 908 | ||||||||
105,000 | Mori Seiki Co Ltd | 1,221 | ||||||||
28,500 | Morita Holdings Corp | 309 | ||||||||
87,937 | e | Mota Engil SGPS S.A. | 183 | |||||||
258,109 | * | MRC Global, Inc | 3,330 | |||||||
104,235 | MSC Industrial Direct Co (Class A) | 5,865 | ||||||||
57,866 | MTU Aero Engines Holding AG. | 5,640 | ||||||||
180,261 | Mueller Industries, Inc | 4,885 | ||||||||
603,005 | Mueller Water Products, Inc (Class A) | 5,186 | ||||||||
1,000,600 | Muhibbah Engineering M BHD | 514 | ||||||||
1,116,126 | Murray & Roberts Holdings Ltd | 577 | ||||||||
78,760 | * | MYR Group, Inc | 1,623 | |||||||
29,527 | Nabtesco Corp | 600 | ||||||||
159,332 | Nachi-Fujikoshi Corp | 730 | ||||||||
2,396,019 | * | Nagarjuna Construction Co | 2,732 | |||||||
232,700 | Nagase & Co Ltd | 2,933 | ||||||||
103,300 | Namura Shipbuilding Co Ltd | 849 | ||||||||
366,961 | * | National Central Cooling Co PJSC | 119 |
29 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
11,698 | e | National Presto Industries, Inc | $ | 969 | ||||||
130,107 | *,e | Navistar International Corp | 1,150 | |||||||
91,041 | NCC AB (B Shares) | 2,824 | ||||||||
72,080 | * | NCI Building Systems, Inc | 895 | |||||||
7,900 | NEC Capital Solutions Ltd | 109 | ||||||||
34,017 | *,e | Neff Corp | 261 | |||||||
122,999 | New Flyer Industries, Inc | 2,517 | ||||||||
24,021 | * | Nexans S.A. | 877 | |||||||
348,054 | NGK Insulators Ltd | 7,845 | ||||||||
73,751 | Nibe Industrier AB (Series B) | 2,478 | ||||||||
266,000 | Nichias Corp | 1,752 | ||||||||
12,400 | Nichiden Corp | 307 | ||||||||
21,100 | Nichiha Corp | 318 | ||||||||
62,325 | Nidec Corp | 4,520 | ||||||||
133,000 | Nippo Corp | 2,163 | ||||||||
28,400 | Nippon Densetsu Kogyo Co Ltd | 619 | ||||||||
116,000 | Nippon Koei Co Ltd | 424 | ||||||||
285,000 | Nippon Road Co Ltd | 1,405 | ||||||||
283,730 | *,e | Nippon Sharyo Ltd | 680 | |||||||
777,000 | *,e | Nippon Sheet Glass Co Ltd | 626 | |||||||
290,450 | Nippon Steel Trading Co Ltd | 992 | ||||||||
55,000 | Nippon Thompson Co Ltd | 238 | ||||||||
825,000 | Nishimatsu Construction Co Ltd | 3,127 | ||||||||
14,600 | Nishio Rent All Co Ltd | 401 | ||||||||
329,700 | Nisshinbo Industries, Inc | 3,474 | ||||||||
37,400 | Nissin Electric Co Ltd | 303 | ||||||||
42,900 | Nitta Corp | 1,174 | ||||||||
140,000 | Nitto Boseki Co Ltd | 376 | ||||||||
81,700 | Nitto Kogyo Corp | 1,428 | ||||||||
9,473 | Nitto Kohki Co Ltd | 203 | ||||||||
21,006 | NKT Holding AS | 1,084 | ||||||||
67,612 | NN, Inc | 1,078 | ||||||||
1,835,871 | e | Noble Group Ltd | 513 | |||||||
58,259 | Nolato AB (B Shares) | 1,770 | ||||||||
230,154 | * | Nordex AG. | 8,083 | |||||||
140,620 | e | Nordson Corp | 9,021 | |||||||
235,919 | Noritake Co Ltd | 539 | ||||||||
22,000 | e | Noritz Corp | 336 | |||||||
27,672 | NORMA Group | 1,529 | ||||||||
23,812 | * | Nortek, Inc | 1,039 | |||||||
1,078,660 | Northrop Grumman Corp | 203,662 | ||||||||
31,563 | *,e | Northwest Pipe Co | 353 | |||||||
53,096 | *,e | NOW, Inc | 840 | |||||||
528,354 | NSK Ltd | 5,741 | ||||||||
909,000 | NTN Corp | 3,833 | ||||||||
12,261 | *,e | NV5 Holdings, Inc | 269 | |||||||
3,599,364 | e | NWS Holdings Ltd | 5,373 | |||||||
39,600 | Obara Corp | 1,441 | ||||||||
1,270,754 | Obayashi Corp | 11,726 | ||||||||
117,065 | e | Obrascon Huarte Lain S.A. | 668 | |||||||
177,048 | OC Oerlikon Corp AG. | 1,576 | ||||||||
4,568 | e | OHB AG. | 104 |
30 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
126,900 | Oiles Corp | $ | 2,204 | |||||||
32,700 | e | Okabe Co Ltd | 251 | |||||||
232,641 | Okuma Holdings, Inc | 1,881 | ||||||||
478,000 | Okumura Corp | 2,692 | ||||||||
8,073 | e | Omega Flex, Inc | 266 | |||||||
60,996 | * | Orascom Construction Ltd | 427 | |||||||
225,502 | Orbital ATK, Inc | 20,146 | ||||||||
32,000 | Organo Corp | 126 | ||||||||
76,404 | *,e | Orion Marine Group, Inc | 319 | |||||||
75,800 | e | OSG Corp | 1,433 | |||||||
53,072 | e | Oshkosh Truck Corp | 2,072 | |||||||
103,900 | OSJB Holdings Corp | 208 | ||||||||
207,471 | Osram Licht AG. | 8,668 | ||||||||
7,617 | Otokar Otobus Karoseri Sanayi AS | 234 | ||||||||
135,186 | e | Outotec Oyj | 495 | |||||||
2,690,803 | e | Owens Corning, Inc | 126,548 | |||||||
355,214 | e | Paccar, Inc | 16,837 | |||||||
22,391 | Palfinger AG. | 640 | ||||||||
427,129 | Parker Hannifin Corp | 41,423 | ||||||||
145,090 | * | Patrick Industries, Inc | 6,311 | |||||||
507,519 | Peab AB (Series B) | 3,886 | ||||||||
51,478 | Pentair plc | 2,550 | ||||||||
601,800 | Penta-Ocean Construction Co Ltd | 2,514 | ||||||||
6,679 | PER Aarsleff A.S. | 2,053 | ||||||||
153,531 | * | Perini Corp | 2,570 | |||||||
37,088 | Pfeiffer Vacuum Technology AG. | 3,741 | ||||||||
136,604 | * | Pgt, Inc | 1,556 | |||||||
10,860 | Pinguely-Haulotte | 164 | ||||||||
18,818 | e | Pkc Group Oyj | 332 | |||||||
3,023 | Plasson | 76 | ||||||||
448,063 | *,e | Plug Power, Inc | 945 | |||||||
72,308 | * | Ply Gem Holdings, Inc | 907 | |||||||
9,727 | Ponsse Oy | 194 | ||||||||
30,280 | Porr AG. | 914 | ||||||||
22,619 | Powell Industries, Inc | 589 | ||||||||
13,200 | *,e | Power Solutions International, Inc | 241 | |||||||
71,142 | * | PowerSecure International, Inc | 1,071 | |||||||
87,952 | Precision Castparts Corp | 20,406 | ||||||||
10,044 | Preformed Line Products Co | 423 | ||||||||
95,225 | e | Primoris Services Corp | 2,098 | |||||||
605,754 | * | Promotora y Operadora de Infraestructura SAB de C.V. | 7,126 | |||||||
57,138 | *,e | Proto Labs, Inc | 3,639 | |||||||
104,496 | Prysmian S.p.A. | 2,283 | ||||||||
17,748,105 | PT Adhi Karya Persero Tbk | 2,725 | ||||||||
764,000 | PT AKR Corporindo Tbk | 395 | ||||||||
7,236,600 | PT Arwana Citramulia Tbk | 261 | ||||||||
1,200,000 | PT Asahimas Flat Glass Tbk | 565 | ||||||||
2,803,600 | *,m | PT Inovisi Infracom Tbk | 24 | |||||||
2,069,100 | PT Pembangunan Perumahan Tbk | 577 | ||||||||
3,270,800 | * | PT Sitara Propertindo Tbk | 132 | |||||||
10,738,700 | PT Surya Semesta Internusa Tbk | 553 | ||||||||
4,155,861 | PT United Tractors Tbk | 5,060 |
31 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
2,052,500 | PT Wijaya Karya | $ | 390 | |||||||
1,877,669 | QinetiQ plc | 7,484 | ||||||||
192,304 | Quanex Building Products Corp | 4,010 | ||||||||
718,766 | * | Quanta Services, Inc | 14,555 | |||||||
2,493 | R Stahl AG. | 90 | ||||||||
74,700 | Raito Kogyo Co Ltd | 728 | ||||||||
164,684 | Ramirent Oyj | 1,148 | ||||||||
137,100 | Randon Participacoes S.A. | 85 | ||||||||
5,443 | Rational AG. | 2,471 | ||||||||
215,687 | Raubex Group Ltd | 235 | ||||||||
92,928 | e | Raven Industries, Inc | 1,450 | |||||||
1,200,556 | Raytheon Co | 149,505 | ||||||||
58,075 | * | RBC Bearings, Inc | 3,751 | |||||||
619,917 | Rechi Precision Co Ltd | 464 | ||||||||
96,884 | Regal-Beloit Corp | 5,670 | ||||||||
574,664 | e | Reunert Ltd | 2,537 | |||||||
1,226,664 | Rexel S.A. | 16,334 | ||||||||
419,838 | * | Rexnord Corp | 7,607 | |||||||
34,048 | Rheinmetall AG. | 2,263 | ||||||||
480,583 | Rich Development Co Ltd | 136 | ||||||||
2,846 | Rieter Holding AG. | 535 | ||||||||
161,532 | Rockwell Automation, Inc | 16,575 | ||||||||
457,739 | Rockwell Collins, Inc | 42,249 | ||||||||
6,065 | Rockwool International AS (B Shares) | 853 | ||||||||
1,270,766 | Rolls-Royce Group plc | 10,764 | ||||||||
500,395 | Roper Industries, Inc | 94,970 | ||||||||
946,681 | Rotork plc | 2,548 | ||||||||
32,000 | Ruentex Engineering & Construction Co | 39 | ||||||||
87,440 | * | Rush Enterprises, Inc (Class A) | 1,914 | |||||||
199,239 | Russel Metals, Inc | 2,314 | ||||||||
1,085,000 | Ryobi Ltd | 4,587 | ||||||||
18,667 | S&T Dynamics Co Ltd | 217 | ||||||||
55,885 | Saab AB (Class B) | 1,721 | ||||||||
292,407 | e | Sacyr Vallehermoso S.A. | 574 | |||||||
121,612 | * | Sadbhav Engineering Ltd | 626 | |||||||
593,526 | Safran S.A. | 40,777 | ||||||||
74,144 | Saft Groupe S.A. | 2,260 | ||||||||
563,151 | Salfacorp S.A. | 297 | ||||||||
8,720 | Sam Yung Trading Co Ltd | 179 | ||||||||
22,057 | * | Samho International Co Ltd | 291 | |||||||
36,430 | Sammok S-Form Co Ltd | 632 | ||||||||
29,364 | * | Samsung Engineering Co Ltd | 359 | |||||||
171,851 | Samsung Heavy Industries Co Ltd | 1,565 | ||||||||
36,436 | * | Samsung Techwin Co Ltd | 1,092 | |||||||
125,623 | San Shing Fastech Corp | 246 | ||||||||
718,393 | Sandvik AB | 6,262 | ||||||||
110,700 | Sanki Engineering Co Ltd | 953 | ||||||||
50,000 | Sanko Gosei Ltd | 174 | ||||||||
21,900 | Sankyo Tateyama, Inc | 279 | ||||||||
336,900 | Sanwa Shutter Corp | 2,665 | ||||||||
1,014,000 | *,e | Sany Heavy Equipment International | 227 | |||||||
160,000 | Sanyo Denki Co Ltd | 994 |
32 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
21,332 | Schindler Holding AG. | $ | 3,569 | |||||||
17,356 | Schindler Holding AG. (Registered) | 2,927 | ||||||||
51,824 | * | Schneider Electric Infrastructure Ltd | 128 | |||||||
1,604,876 | Schneider Electric S.A. | 91,163 | ||||||||
870 | Schweiter Technologies AG. | 736 | ||||||||
374,332 | Seibu Holdings, Inc | 7,645 | ||||||||
124,600 | Sekisui Jushi Corp | 1,717 | ||||||||
840,683 | SembCorp Industries Ltd | 1,802 | ||||||||
793,243 | e | SembCorp Marine Ltd | 976 | |||||||
8,934 | Semperit AG. Holding | 302 | ||||||||
415,367 | Senior plc | 1,408 | ||||||||
5,424 | * | Sensata Technologies Holding BV | 250 | |||||||
77,475 | e | Seven Network Ltd | 310 | |||||||
17,267 | SFS Group AG. | 1,207 | ||||||||
92,914 | *,e | SGL Carbon AG. | 1,296 | |||||||
253,908 | * | SGSB Group Co Ltd | 326 | |||||||
100,200 | * | Shanghai Automation Instrumentation Co Ltd | 192 | |||||||
1,542,280 | Shanghai Diesel Engine Co Ltd | 1,433 | ||||||||
3,281,304 | e | Shanghai Electric Group Co Ltd | 1,728 | |||||||
238,500 | Shanghai Erfangji Co Ltd | 361 | ||||||||
890,900 | Shanghai Highly Group Co Ltd | 838 | ||||||||
1,991,695 | e | Shanghai Industrial Holdings Ltd | 5,199 | |||||||
2,112,000 | Shanghai Prime Machinery Co Ltd | 368 | ||||||||
76,011 | Shapir Engineering and Industry Ltd | 123 | ||||||||
70,900 | Shibuya Kogyo Co Ltd | 1,052 | ||||||||
200,266 | Shikun & Binui Ltd | 316 | ||||||||
75,700 | e | Shima Seiki Manufacturing Ltd | 1,205 | |||||||
449,451 | Shimizu Corp | 3,665 | ||||||||
842,000 | Shin Zu Shing Co Ltd | 3,229 | ||||||||
258,590 | Shinmaywa Industries Ltd | 2,317 | ||||||||
16,400 | SHO-BOND Holdings Co Ltd | 598 | ||||||||
9,100 | Showa Aircraft Industry Co Ltd | 93 | ||||||||
1,247,711 | Siemens AG. | 120,711 | ||||||||
140,822 | Siemens India Ltd | 2,548 | ||||||||
489,118 | SIG plc | 1,034 | ||||||||
3,582,011 | Sime Darby BHD | 6,436 | ||||||||
106,969 | Simpson Manufacturing Co, Inc | 3,653 | ||||||||
1,318,000 | Singamas Container Holdings Ltd | 134 | ||||||||
1,345,987 | Singapore Technologies Engineering Ltd | 2,845 | ||||||||
649,457 | Sino Thai Engineering & Construction PCL | 448 | ||||||||
3,966,787 | Sinopec Engineering Group Co Ltd | 3,374 | ||||||||
1,833,000 | e | Sinotruk Hong Kong Ltd | 723 | |||||||
619,519 | Sintex Industries Ltd | 949 | ||||||||
100,100 | Sintokogio Ltd | 810 | ||||||||
53,536 | SK C&C Co Ltd | 10,908 | ||||||||
140,732 | SK Networks Co Ltd | 653 | ||||||||
882,300 | Skanska AB (B Shares) | 17,111 | ||||||||
112,605 | SKF AB (B Shares) | 1,819 | ||||||||
19,956 | * | SKF India Ltd | 369 | |||||||
493,300 | SKP Resources BHD | 150 | ||||||||
9,370 | * | SLM Solutions Group AG. | 193 | |||||||
223,781 | SM Investments Corp | 4,088 |
33 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
29,792 | SMC Corp | $ | 7,738 | |||||||
186,088 | Smiths Group plc | 2,573 | ||||||||
379,308 | Snap-On, Inc | 65,025 | ||||||||
428,354 | SNC-Lavalin Group, Inc | 12,730 | ||||||||
242,016 | * | SOCAM Development Ltd | 142 | |||||||
94,200 | e | Sodick Co Ltd | 695 | |||||||
3,087,500 | Sojitz Holdings Corp | 6,479 | ||||||||
4,884 | e | Solar Holdings AS (B Shares) | 309 | |||||||
114,973 | *,e | SolarCity Corp | 5,866 | |||||||
26,126 | * | Sparton Corp | 522 | |||||||
461,113 | Speedy Hire plc | 281 | ||||||||
56,619 | * | SPIE S.A. | 1,044 | |||||||
161,485 | Spirax-Sarco Engineering plc | 7,810 | ||||||||
794,951 | * | Spirit Aerosystems Holdings, Inc (Class A) | 39,803 | |||||||
619,190 | SPX Corp | 5,777 | ||||||||
637,413 | * | SPX FLOW, Inc | 17,790 | |||||||
114,400 | * | Sriracha Construction PCL | 48 | |||||||
67,853 | Standex International Corp | 5,642 | ||||||||
448,329 | Stanley Works | 47,850 | ||||||||
30,600 | e | Star Micronics Co Ltd | 399 | |||||||
134,430 | * | Ste Industrielle d’Aviation Latecoere S.A. | 602 | |||||||
101,236 | * | Sterlite Technologies Ltd | 148 | |||||||
2,384,120 | * | STP & I PCL | 620 | |||||||
485,000 | *,e | STX OSV Holdings Ltd | 82 | |||||||
5,008 | Sulzer AG. | 471 | ||||||||
1,568,668 | Sumitomo Corp | 15,993 | ||||||||
40,100 | Sumitomo Densetsu Co Ltd | 517 | ||||||||
6,474,537 | Sumitomo Heavy Industries Ltd | 29,024 | ||||||||
1,765,500 | e | Sumitomo Mitsui Construction C | 1,657 | |||||||
18,482,302 | *,e | Summit Ascent Holdings Ltd | 7,944 | |||||||
55,573 | Sun Hydraulics Corp | 1,763 | ||||||||
16,459 | Sung Kwang Bend Co Ltd | 120 | ||||||||
42,307 | *,e | Sunrun, Inc | 498 | |||||||
93,000 | Sunspring Metal Corp | 117 | ||||||||
2,389,922 | * | Sunway Construction Group BHD | 777 | |||||||
1,904,923 | * | Suzlon Energy Ltd | 594 | |||||||
133,277 | e | Sweco AB (B Shares) | 1,962 | |||||||
354,000 | Syncmold Enterprise Corp | 516 | ||||||||
247,000 | Tadano Ltd | 2,990 | ||||||||
8,557 | * | Taewoong Co Ltd | 116 | |||||||
39,993 | * | Taeyoung Engineering & Construction | 176 | |||||||
122,000 | Taihei Dengyo Kaisha Ltd | 1,263 | ||||||||
22,400 | Taikisha Ltd | 536 | ||||||||
1,382,121 | Taisei Corp | 9,104 | ||||||||
997,000 | Taiwan Glass Industrial Corp | 388 | ||||||||
70,929 | Takara Standard Co Ltd | 540 | ||||||||
76,800 | Takasago Thermal Engineering Co Ltd | 1,123 | ||||||||
31,400 | Takeuchi Manufacturing Co Ltd | 639 | ||||||||
177,000 | Takuma Co Ltd | 1,452 | ||||||||
82,328 | TAL International Group, Inc | 1,309 | ||||||||
201,251 | *,g | Talgo S.A. | 1,244 |
34 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
18,870 | Tarkett S.A. | $ | 590 | |||||||
133,777 | *,e | Taser International, Inc | 2,313 | |||||||
271,000 | e | Tat Hong Holdings Ltd | 93 | |||||||
131,200 | Tatsuta Electric Wire and Cable Co Ltd | 473 | ||||||||
5,198,400 | *,e | Tech Pro Technology Development Ltd | 1,186 | |||||||
4,987,443 | Teco Electric and Machinery Co Ltd | 3,974 | ||||||||
16,500 | e | Teikoku Sen-I Co Ltd | 212 | |||||||
124,094 | Tekfen Holding AS | 172 | ||||||||
96,000 | e | Tekken Corp | 238 | |||||||
87,675 | * | Teledyne Technologies, Inc | 7,777 | |||||||
77,107 | Tennant Co | 4,338 | ||||||||
5,388,508 | Terex Corp | 99,580 | ||||||||
44,229 | * | Texmaco Rail & Engineering Ltd | 101 | |||||||
57,551 | e | Textainer Group Holdings Ltd | 812 | |||||||
3,805,887 | Textron, Inc | 159,885 | ||||||||
381,792 | Thales S.A. | 28,577 | ||||||||
31,467 | *,e | The ExOne Company | 316 | |||||||
46,925 | * | Thermax Ltd | 642 | |||||||
78,281 | *,e | Thermon Group Holdings | 1,325 | |||||||
181,292 | THK Co Ltd | 3,360 | ||||||||
510,161 | Timken Co | 14,586 | ||||||||
16,827 | * | Timken India Ltd | 138 | |||||||
240,843 | e | Titan International, Inc | 949 | |||||||
52,556 | *,e | Titan Machinery, Inc | 574 | |||||||
14,620 | * | TK Corp | 115 | |||||||
110,695 | TKH Group NV | 4,495 | ||||||||
257,000 | Toa Corp/Tokyo | 674 | ||||||||
13,200 | Tocalo Co Ltd | 272 | ||||||||
333,000 | Toda Corp | 1,775 | ||||||||
119,000 | Toenec Corp | 787 | ||||||||
368,400 | Tokai Corp | 1,726 | ||||||||
68,460 | Tokyu Construction Co Ltd | 512 | ||||||||
112,425 | Toro Co | 8,215 | ||||||||
199,883 | e | Toromont Industries Ltd | 4,558 | |||||||
2,311,508 | *,e | Toshiba Corp | 4,751 | |||||||
93,964 | Toshiba Machine Co Ltd | 319 | ||||||||
33,900 | Toshiba Plant Systems & Services Corp | 375 | ||||||||
24,800 | Totetsu Kogyo Co Ltd | 622 | ||||||||
246,900 | Toto Ltd | 8,674 | ||||||||
202,400 | Toyo Construction Co Ltd | 921 | ||||||||
100,000 | *,e | Toyo Engineering Corp | 257 | |||||||
12,200 | Toyo Tanso Co Ltd | 184 | ||||||||
254,053 | Toyota Tsusho Corp | 5,943 | ||||||||
959,515 | Trakya Cam Sanayi AS | 595 | ||||||||
248,771 | * | TransDigm Group, Inc | 56,832 | |||||||
1,052,293 | Travis Perkins plc | 30,528 | ||||||||
228,361 | Trelleborg AB (B Shares) | 4,432 | ||||||||
76,639 | e | Trevi Finanziaria S.p.A. | 152 | |||||||
79,026 | * | Trex Co, Inc | 3,006 | |||||||
141,681 | * | Trimas Corp | 2,642 | |||||||
373,536 | Trinity Industries, Inc | 8,972 | ||||||||
624,591 | Triumph Group, Inc | 24,827 |
35 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
15,800 | Trusco Nakayama Corp | $ | 615 | |||||||
233,000 | Tsubakimoto Chain Co | 1,794 | ||||||||
52,000 | e | Tsugami Corp | 225 | |||||||
23,800 | Tsukishima Kikai Co Ltd | 216 | ||||||||
13,300 | e | Tsurumi Manufacturing Co Ltd | 218 | |||||||
127,000 | TTCL PCL | 55 | ||||||||
909,903 | Turk Sise ve Cam Fabrikalari AS | 994 | ||||||||
30,887 | e | Twin Disc, Inc | 325 | |||||||
906,900 | UEM Edgenta BHD | 697 | ||||||||
60,937 | Ultra Electronics Holdings | 1,775 | ||||||||
7,200 | e | Union Tool Co | 197 | |||||||
541,300 | Unique Engineering & Construction PCL | 329 | ||||||||
438,300 | e | United Engineers Ltd | 613 | |||||||
778,000 | United Integrated Services Co Ltd | 999 | ||||||||
343,297 | * | United Rentals, Inc | 24,903 | |||||||
629,904 | United Technologies Corp | 60,515 | ||||||||
1,960,781 | * | Univar, Inc | 33,353 | |||||||
72,374 | Universal Forest Products, Inc | 4,948 | ||||||||
47,686 | Uponor Oyj | 703 | ||||||||
3,794,311 | *,e | USG Corp | 92,164 | |||||||
808,000 | Ushio, Inc | 11,142 | ||||||||
107,245 | e | Vallourec | 998 | |||||||
415,435 | Valmet Corp | 4,003 | ||||||||
78,670 | e | Valmont Industries, Inc | 8,341 | |||||||
404,800 | Vanachai Group PCL | 159 | ||||||||
95,952 | * | Vectrus, Inc | 2,004 | |||||||
32,324 | *,e | Veritiv Corp | 1,171 | |||||||
522,399 | Vestas Wind Systems AS | 36,484 | ||||||||
395,739 | Vesuvius plc | 1,949 | ||||||||
50,995 | * | Vicor Corp | 465 | |||||||
1,615,985 | Vinci S.A. | 103,576 | ||||||||
96,902 | Voltas Ltd | 473 | ||||||||
39,900 | Voltronic Power Technology Corp | 592 | ||||||||
596,660 | Volvo AB (B Shares) | 5,533 | ||||||||
8,101 | * | Vossloh AG. | 523 | |||||||
50,339 | e | W.W. Grainger, Inc | 10,198 | |||||||
291,007 | * | Wabash National Corp | 3,443 | |||||||
260,932 | * | WABCO Holdings, Inc | 26,683 | |||||||
24,367 | Wacker Construction Equipment AG. | 375 | ||||||||
20,352 | e | Wajax Income Fund | 247 | |||||||
82,700 | Wakita & Co Ltd | 713 | ||||||||
3,178,000 | * | Walsin Lihwa Corp | 705 | |||||||
2,601 | Walter Meier AG. | 95 | ||||||||
52,568 | Wartsila Oyj (B Shares) | 2,400 | ||||||||
57,889 | Watsco, Inc | 6,781 | ||||||||
129,593 | Watts Water Technologies, Inc (Class A) | 6,437 | ||||||||
916,212 | WCT Berhad | 342 | ||||||||
604,244 | Weg S.A. | 2,281 | ||||||||
1,454,868 | Weichai Power Co Ltd | 1,602 | ||||||||
1,890,866 | Weir Group plc | 27,775 | ||||||||
698,526 | *,e | WESCO International, Inc | 30,512 | |||||||
327,416 | Westinghouse Air Brake Technologies Corp | 23,286 |
36 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
4,573,971 | Wienerberger AG. | $ | 84,766 | |||||||
48,481 | Wilson Bayly Holmes-Ovcon Ltd | 355 | ||||||||
376,255 | Wolseley plc | 20,435 | ||||||||
161,368 | Woodward Governor Co | 8,014 | ||||||||
119,878 | e | WSP Global, Inc | 3,683 | |||||||
27,708 | * | Xerium Technologies, Inc | 328 | |||||||
98,112 | Xxentria Technology Materials Corp | 268 | ||||||||
1,305,295 | Xylem, Inc | 47,643 | ||||||||
10,395 | Y G-1 Co Ltd | 104 | ||||||||
21,300 | Yahagi Construction Co Ltd | 145 | ||||||||
104,500 | YAMABIKO Corp | 877 | ||||||||
145,000 | Yamazen Corp | 1,328 | ||||||||
8,903,549 | Yangzijiang Shipbuilding | 6,879 | ||||||||
41,906 | Yazicilar Holding AS | 183 | ||||||||
489,700 | Yinson Holdings BHD | 334 | ||||||||
93,920 | e | YIT Oyj | 532 | |||||||
25,700 | e | Yokogawa Bridge Holdings Corp | 296 | |||||||
2,056,000 | Yuanda China Holdings Ltd | 88 | ||||||||
96,300 | Yuasa Trading Co Ltd | 2,379 | ||||||||
872,000 | Yungtay Engineering Co Ltd | 1,253 | ||||||||
232,000 | Yurtec Corp | 2,191 | ||||||||
7,800 | Yushin Precision Equipment Co Ltd | 146 | ||||||||
168,376 | e | Zardoya Otis S.A. | 1,969 | |||||||
27,330 | Zehnder Group AG. | 1,049 | ||||||||
22,000 | * | Zenitaka Corp | 103 | |||||||
277,400 | m | Zhengzhou Coal Mining Machinery Group Co Ltd | 127 | |||||||
669,895 | Zhuzhou CSR Times Electric Co Ltd | 3,863 | ||||||||
114,536 | e | Zodiac S.A. | 2,727 | |||||||
72,687 | Zumtobel AG. | 1,831 | ||||||||
TOTAL CAPITAL GOODS | 8,260,776 | |||||||||
COMMERCIAL & PROFESSIONAL SERVICES - 1.1% | ||||||||||
41,600 | *,e | 51job, Inc (ADR) | 1,226 | |||||||
526,866 | AA plc | 2,434 | ||||||||
198,350 | ABM Industries, Inc | 5,647 | ||||||||
293,595 | Acacia Research (Acacia Technologies) | 1,260 | ||||||||
273,361 | * | ACCO Brands Corp | 1,949 | |||||||
148,643 | e | Adcorp Holdings Ltd | 188 | |||||||
659,706 | Adecco S.A. | 45,152 | ||||||||
88,318 | Administaff, Inc | 4,253 | ||||||||
753,825 | e | ADT Corp | 24,861 | |||||||
105,946 | * | Advisory Board Co | 5,256 | |||||||
27,400 | Aeon Delight Co Ltd | 879 | ||||||||
125,251 | AF AB | 2,126 | ||||||||
87,060 | Aggreko plc | 1,172 | ||||||||
18,120 | Akka Technologies S.A. | 586 | ||||||||
421,492 | e | ALS Ltd | 1,147 | |||||||
11,140 | Amadeus Fire AG | 908 | ||||||||
60,625 | American Banknote S.A. | 650 | ||||||||
54,149 | American Ecology Corp | 1,973 | ||||||||
90,336 | e | Applus Services S.A. | 817 | |||||||
110,043 | * | ARC Document Solutions, Inc | 486 |
37 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
17,736 | Assystem | $ | 463 | |||||||
8,400 | e | Asukanet Co Ltd | 106 | |||||||
279,358 | Atkins WS plc | 6,675 | ||||||||
257,003 | Babcock International Group | 3,846 | ||||||||
17,675 | Barrett Business Services, Inc | 770 | ||||||||
561,000 | * | Beijing Development HK Ltd | 127 | |||||||
15,500 | e | Benefit One, Inc | 362 | |||||||
4,405 | Bertrandt AG. | 528 | ||||||||
29,979 | e | Bilfinger Berger AG. | 1,409 | |||||||
139,924 | e | Black Diamond Group Ltd | 734 | |||||||
829,839 | Blue Label Telecoms Ltd | 652 | ||||||||
120,861 | Brady Corp (Class A) | 2,777 | ||||||||
2,278,784 | Brambles Ltd | 19,085 | ||||||||
121,766 | Brink’s Co | 3,514 | ||||||||
952,000 | e | Broad Greenstate International Co Ltd | 206 | |||||||
405,695 | * | Broadspectrum Ltd | 410 | |||||||
54,964 | e | Brunel International NV | 1,001 | |||||||
369,864 | Bureau Veritas S.A. | 7,372 | ||||||||
359,308 | e | Cabcharge Australia Ltd | 775 | |||||||
106,716 | Cape plc | 370 | ||||||||
528,382 | Capita Group plc | 9,401 | ||||||||
3,734,000 | *,e | Capital Environment Holdings Ltd | 192 | |||||||
103,945 | * | Casella Waste Systems, Inc (Class A) | 622 | |||||||
202,630 | Caverion Corp | 1,984 | ||||||||
185,529 | * | CBIZ, Inc | 1,829 | |||||||
67,709 | CDI Corp | 458 | ||||||||
154,055 | e | CEB, Inc | 9,457 | |||||||
138,808 | Ceco Environmental Corp | 1,066 | ||||||||
20,856 | Cewe Color Holding AG. | 1,238 | ||||||||
3,996,259 | China Everbright International Ltd | 5,110 | ||||||||
317,377 | Cintas Corp | 28,897 | ||||||||
470,047 | * | Clean Harbors, Inc | 19,577 | |||||||
69,000 | Cleanaway Co Ltd | 365 | ||||||||
299,349 | e | CNH Industrial NV (NYSE) | 2,048 | |||||||
388,498 | *,e | Copart, Inc | 14,767 | |||||||
273,942 | e | Covanta Holding Corp | 4,243 | |||||||
45,403 | * | CRA International, Inc | 847 | |||||||
176,764 | e | Credit Corp Group Ltd | 1,334 | |||||||
717,611 | Dai Nippon Printing Co Ltd | 7,096 | ||||||||
31,300 | Daiseki Co Ltd | 499 | ||||||||
226,053 | Davis Service Group plc | 3,584 | ||||||||
88,622 | De La Rue plc | 578 | ||||||||
146,044 | Deluxe Corp | 7,965 | ||||||||
145,570 | * | Derichebourg | 522 | |||||||
844,811 | Downer EDI Ltd | 2,198 | ||||||||
110,127 | Dun & Bradstreet Corp | 11,446 | ||||||||
103,798 | Duskin Co Ltd | 1,889 | ||||||||
412,000 | * | Dynagreen Environmental Protection Group Co Ltd | 268 | |||||||
2,127,796 | e | Edenred | 40,222 | |||||||
485,652 | g | Elior Participations S.C.A | 10,175 | |||||||
61,893 | Elis S.A. | 1,024 |
38 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
8,600 | en-japan, Inc | $ | 317 | |||||||
64,337 | Ennis, Inc | 1,239 | ||||||||
459,478 | Equifax, Inc | 51,172 | ||||||||
95,620 | Essendant, Inc | 3,109 | ||||||||
1,321,167 | Experian Group Ltd | 23,351 | ||||||||
82,557 | Exponent, Inc | 4,124 | ||||||||
49,229 | * | Franklin Covey Co | 824 | |||||||
101,774 | * | FTI Consulting, Inc | 3,528 | |||||||
20,280 | Funai Soken Holdings, Inc | 289 | ||||||||
15,463,000 | *,m | Fung Choi Media Group Ltd | 109 | |||||||
62,504 | G & K Services, Inc (Class A) | 3,932 | ||||||||
94,173 | Gategroup Holding AG. | 4,131 | ||||||||
17,963 | GL Events | 325 | ||||||||
59,739 | * | GP Strategies Corp | 1,500 | |||||||
4,146,302 | Group 4 Securicor plc | 13,773 | ||||||||
6,592 | Groupe CRIT | 408 | ||||||||
75,167 | Gunnebo AB | 399 | ||||||||
8,351,137 | Hays plc | 17,935 | ||||||||
181,364 | Healthcare Services Group | 6,324 | ||||||||
45,086 | Heidrick & Struggles International, Inc | 1,227 | ||||||||
27,680 | * | Heritage-Crystal Clean, Inc | 293 | |||||||
187,462 | Herman Miller, Inc | 5,380 | ||||||||
128,085 | * | Hill International, Inc | 497 | |||||||
187,557 | HNI Corp | 6,763 | ||||||||
361,241 | HomeServe plc | 2,213 | ||||||||
381,660 | Horizon North Logistics, Inc | 623 | ||||||||
64,754 | * | Huron Consulting Group, Inc | 3,846 | |||||||
71,443 | * | ICF International, Inc | 2,541 | |||||||
592,156 | * | ICO Global Communications Holdings Ltd | 297 | |||||||
136,649 | * | IHS, Inc (Class A) | 16,183 | |||||||
97,072 | *,e | Innerworkings, Inc | 728 | |||||||
284,211 | Interface, Inc | 5,440 | ||||||||
212,119 | Intertek Group plc | 8,677 | ||||||||
316,556 | Intrum Justitia AB | 10,772 | ||||||||
3,260,000 | *,e | iOne Holdings Ltd | 104 | |||||||
205,881 | IPH Ltd | 1,326 | ||||||||
183,625 | ISS A.S. | 6,619 | ||||||||
9,070 | ITAB Shop Concept AB | 324 | ||||||||
94,000 | Itoki Corp | 668 | ||||||||
10,795 | Kaba Holding AG. | 7,331 | ||||||||
82,360 | KAR Auction Services, Inc | 3,050 | ||||||||
30,000 | KD Holding Corp | 146 | ||||||||
72,262 | Kelly Services, Inc (Class A) | 1,167 | ||||||||
25,008 | KEPCO Plant Service & Engineering Co Ltd | 1,892 | ||||||||
108,419 | Kforce, Inc | 2,741 | ||||||||
155,647 | Kimball International, Inc (Class B) | 1,521 | ||||||||
119,002 | Knoll, Inc | 2,237 | ||||||||
266,400 | Kokuyo Co Ltd | 2,880 | ||||||||
197,437 | Korn/Ferry International | 6,551 | ||||||||
135,000 | Kyodo Printing Co Ltd | 374 | ||||||||
149,910 | Loomis AB | 4,676 | ||||||||
399,244 | Manpower, Inc | 33,652 |
39 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
13,962 | Matsuda Sangyo Co Ltd | $ | 166 | |||||||
83,093 | Matthews International Corp (Class A) | 4,441 | ||||||||
63,822 | McGrath RentCorp | 1,608 | ||||||||
69,768 | McMillan Shakespeare Ltd | 672 | ||||||||
28,600 | Meitec Corp | 979 | ||||||||
677,773 | Michael Page International plc | 4,842 | ||||||||
446,438 | e | Mineral Resources Ltd | 1,291 | |||||||
79,178 | * | Mistras Group, Inc | 1,512 | |||||||
358,606 | Mitie Group | 1,643 | ||||||||
17,372 | Mitsubishi Pencil Co Ltd | 802 | ||||||||
136,296 | Mobile Mini, Inc | 4,243 | ||||||||
345,776 | Moleskine S.p.A | 638 | ||||||||
39,961 | Morneau Sobeco Income Fund | 418 | ||||||||
36,200 | Moshi Moshi Hotline, Inc | 311 | ||||||||
139,562 | MSA Safety, Inc | 6,067 | ||||||||
37,053 | Multi-Color Corp | 2,216 | ||||||||
191,998 | * | Navigant Consulting, Inc | 3,084 | |||||||
809,434 | e | Nielsen NV | 37,720 | |||||||
31,500 | Nihon M&A Center, Inc | 1,517 | ||||||||
11,800 | Nippon Kanzai Co Ltd | 187 | ||||||||
165,500 | e | Nippon Parking Development Co Ltd | 190 | |||||||
160,160 | e | Nissha Printing Co Ltd | 3,110 | |||||||
20,745 | *,e | NL Industries, Inc | 63 | |||||||
31,200 | e | Nomura Co Ltd | 479 | |||||||
169,200 | Okamura Corp | 1,686 | ||||||||
129,149 | * | On Assignment, Inc | 5,805 | |||||||
48,368 | Oyo Corp | 546 | ||||||||
81,000 | Park24 Co Ltd | 1,962 | ||||||||
32,700 | e | Pilot Corp | 1,341 | |||||||
631,548 | Pitney Bowes, Inc | 13,041 | ||||||||
635,139 | Programmed Maintenance Services Ltd | 1,138 | ||||||||
95,928 | e | Progressive Waste Solutions Ltd | 2,260 | |||||||
241,187 | e | Prosegur Cia de Seguridad S.A. | 1,111 | |||||||
218,822 | Quad | 2,035 | ||||||||
1,011,188 | e | R.R. Donnelley & Sons Co | 14,885 | |||||||
202,501 | Randstad Holdings NV | 12,610 | ||||||||
350,000 | * | Realord Group Holdings Ltd | 147 | |||||||
272,485 | Recall Holdings Ltd | 1,371 | ||||||||
225,859 | Recruit Holdings Co Ltd | 6,639 | ||||||||
1,846,445 | Regus plc | 9,073 | ||||||||
4,252,292 | Rentokil Initial plc | 9,977 | ||||||||
435,260 | Republic Services, Inc | 19,147 | ||||||||
135,137 | Resources Connection, Inc | 2,208 | ||||||||
259,516 | e | Ritchie Bros Auctioneers, Inc | 6,253 | |||||||
532,398 | Robert Half International, Inc | 25,097 | ||||||||
323,605 | Rollins, Inc | 8,381 | ||||||||
193,261 | RPS Group plc | 673 | ||||||||
351,467 | * | RPX Corp | 3,866 | |||||||
22,036 | S1 Corp (Korea) | 1,874 | ||||||||
589,867 | SAI Global Ltd (New) | 1,789 | ||||||||
21,252 | Sato Corp | 419 | ||||||||
3,123 | Seche Environnement S.A. | 98 |
40 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
171,654 | Secom Co Ltd | $ | 11,633 | |||||||
655,993 | Securitas AB (B Shares) | 10,031 | ||||||||
659,617 | e | Seek Ltd | 7,342 | |||||||
1,750,604 | e | Serco Group plc | 2,436 | |||||||
301,293 | SG Fleet Group Ltd | 861 | ||||||||
7,062 | SGS S.A. | 13,421 | ||||||||
109,700 | m | Shanghai Youngsun Investment C | 397 | |||||||
491,718 | Shanks Group plc | 700 | ||||||||
199,225 | e | Shenzhen Dongjiang Environmental Co Ltd | 337 | |||||||
54,656 | Societe BIC S.A. | 8,994 | ||||||||
167,000 | Sohgo Security Services Co Ltd | 7,832 | ||||||||
57,427 | * | SP Plus Corp | 1,373 | |||||||
62,192 | Sporton International, Inc | 379 | ||||||||
4,115,044 | e | Spotless Group Holdings Ltd | 3,224 | |||||||
81,801 | e | Stantec, Inc | 2,029 | |||||||
209,812 | Steelcase, Inc (Class A) | 3,126 | ||||||||
465,681 | * | Stericycle, Inc | 56,161 | |||||||
71,000 | Sunny Friend Environmental Technology Co Ltd | 276 | ||||||||
19,784 | Synergie S.A | 571 | ||||||||
560,520 | Taiwan Secom Co Ltd | 1,662 | ||||||||
405,670 | Taiwan-Sogo Shinkong Security Corp | 490 | ||||||||
49,947 | * | Team, Inc | 1,596 | |||||||
31,900 | TechnoPro Holdings, Inc | 931 | ||||||||
161,860 | Teleperformance | 13,610 | ||||||||
141,600 | Temp Holdings Co Ltd | 2,195 | ||||||||
170,285 | Tetra Tech, Inc | 4,431 | ||||||||
346,000 | Tianjin Capital Environmental Protection Group Co Ltd | 268 | ||||||||
147,200 | Toppan Forms Co Ltd | 1,746 | ||||||||
882,669 | Toppan Printing Co Ltd | 8,132 | ||||||||
178,723 | Towers Watson & Co | 22,959 | ||||||||
263,621 | Tox Free Solutions Ltd | 538 | ||||||||
340,478 | e | Transcontinental, Inc | 4,247 | |||||||
4,239,669 | Transpacific Industries Group Ltd | 2,422 | ||||||||
56,115 | * | TransUnion | 1,547 | |||||||
47,539 | * | TRC Cos, Inc | 440 | |||||||
146,085 | * | TriNet Group, Inc | 2,827 | |||||||
210,862 | * | TrueBlue, Inc | 5,432 | |||||||
1,144,085 | Tyco International plc | 36,485 | ||||||||
47,590 | Unifirst Corp | 4,959 | ||||||||
64,056 | USG People NV | 1,192 | ||||||||
731,670 | e | Veda Group Ltd | 1,485 | |||||||
856,221 | * | Verisk Analytics, Inc | 65,826 | |||||||
49,090 | Viad Corp | 1,386 | ||||||||
10,754 | * | Volt Information Sciences, Inc | 88 | |||||||
9,110 | VSE Corp | 566 | ||||||||
124,969 | * | WageWorks, Inc | 5,670 | |||||||
133,691 | Waste Connections, Inc | 7,530 | ||||||||
1,389,928 | Waste Management, Inc | 74,180 | ||||||||
197,237 | West Corp | 4,254 | ||||||||
790,000 | e | Yestar International Holdings Co Ltd | 346 | |||||||
25,900 | e | Yumeshin Holdings Co Ltd | 131 | |||||||
TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 1,268,906 |
41 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
CONSUMER DURABLES & APPAREL - 2.5% | ||||||||||
823,000 | 361 Degrees International Ltd | $ | 308 | |||||||
222,556 | Ability Enterprise Co Ltd | 158 | ||||||||
43,862 | * | Accell Group NV | 1,003 | |||||||
1,408,957 | Adidas-Salomon AG. | 136,752 | ||||||||
22,591 | * | Agabang&Company | 202 | |||||||
293,677 | Aksa Akrilik Kimya Sanayii | 1,053 | ||||||||
144,000 | Alpargatas S.A. | 259 | ||||||||
218,400 | Alpine Electronics, Inc | 3,394 | ||||||||
204,358 | Altek Corp | 166 | ||||||||
299,513 | Amer Sports Oyj (A Shares) | 8,745 | ||||||||
723,157 | AmTRAN Technology Co Ltd | 346 | ||||||||
2,898,586 | e | Anta Sports Products Ltd | 7,924 | |||||||
1,093,888 | Arcelik AS | 5,237 | ||||||||
33,646 | e | Arctic Cat, Inc | 551 | |||||||
43,000 | Arezzo Industria e Comercio S.A. | 228 | ||||||||
1,097,960 | * | Arvind Ltd | 5,923 | |||||||
35,538 | e | Asics Corp | 737 | |||||||
21,632 | * | Bajaj Electricals Ltd | 69 | |||||||
35,751 | *,e | Bang & Olufsen AS (B Shares) | 429 | |||||||
2,542,850 | Barratt Developments plc | 23,432 | ||||||||
6,853 | * | Basic House Co Ltd | 64 | |||||||
26,402 | Bassett Furniture Industries, Inc | 662 | ||||||||
32,456 | Bata India Ltd | 256 | ||||||||
80,915 | *,e | Beazer Homes USA, Inc | 930 | |||||||
9,685,711 | Belle International Holdings Ltd | 7,247 | ||||||||
322,422 | Bellway plc | 13,482 | ||||||||
327,819 | Berkeley Group Holdings plc | 17,821 | ||||||||
286,000 | Best Pacific International Holdings Ltd | 137 | ||||||||
4,148 | Bijou Brigitte AG. | 257 | ||||||||
105,318 | *,e | Billabong International Ltd | 187 | |||||||
59,251 | *,e | Black Diamond, Inc | 262 | |||||||
87,089 | * | Bombay Dyeing & Manufacturing Co Ltd | 84 | |||||||
2,962,000 | e | Bosideng International Holdings Ltd | 255 | |||||||
119,685 | Bovis Homes Group plc | 1,790 | ||||||||
94,979 | * | BRP, Inc | 1,365 | |||||||
24,055 | e | Brunello Cucinelli S.p.A | 425 | |||||||
114,272 | Brunswick Corp | 5,772 | ||||||||
623,041 | Burberry Group plc | 10,962 | ||||||||
212,143 | CalAtlantic Group, Inc | 8,044 | ||||||||
195,282 | Callaway Golf Co | 1,840 | ||||||||
350,965 | Carter’s, Inc | 31,246 | ||||||||
193,715 | e | Casio Computer Co Ltd | 4,528 | |||||||
30,502 | * | Cavco Industries, Inc | 2,541 | |||||||
18,131 | CCC S.A. | 638 | ||||||||
2,340,000 | Cecep Costin New Materials Grp Ltd | 277 | ||||||||
37,298 | *,e | Century Communities, Inc | 661 | |||||||
29,073 | *,e | Cherokee, Inc | 501 | |||||||
820,000 | China Creative Home Group Ltd | 74 | ||||||||
8,979,400 | China Dongxiang Group Co | 2,137 | ||||||||
5,295,000 | *,g | China Jicheng Holdings Ltd | 928 |
42 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,050,000 | e | China Lilang Ltd | $ | 772 | ||||||
15,800 | Chofu Seisakusho Co Ltd | 375 | ||||||||
112,119 | Christian Dior S.A. | 19,045 | ||||||||
819,103 | Cie Financiere Richemont S.A. | 58,626 | ||||||||
1,338,000 | * | Citychamp Watch & Jewellery Group Ltd | 226 | |||||||
97,000 | Clarion Co Ltd | 350 | ||||||||
52,400 | Cleanup Corp | 325 | ||||||||
2,170,397 | Coach, Inc | 71,037 | ||||||||
91,327 | Columbia Sportswear Co | 4,453 | ||||||||
1,625,200 | Consorcio ARA, S.A. de C.V. | 564 | ||||||||
9,900 | Corona Corp | 95 | ||||||||
6,540 | *,e | Corp GEO S.A. de C.V. (Series B) | 4 | |||||||
468,000 | e,g | Cosmo Lady China Holdings Co Ltd | 392 | |||||||
704,187 | Crest Nicholson Holdings plc | 5,770 | ||||||||
189,032 | * | CROCS, Inc | 1,936 | |||||||
22,831 | CSS Industries, Inc | 648 | ||||||||
3,696 | * | Cuchen Co Ltd | 62 | |||||||
9,700 | Cuckoo Electronics Co Ltd | 1,883 | ||||||||
24,254 | Culp, Inc | 618 | ||||||||
248,200 | Cyrela Brazil Realty S.A. | 469 | ||||||||
173,415 | * | Deckers Outdoor Corp | 8,185 | |||||||
32,476 | Delclima | 159 | ||||||||
47,444 | De’Longhi S.p.A. | 1,417 | ||||||||
7,726 | Delta-Galil Industries Ltd | 213 | ||||||||
33,390 | Descente Ltd | 423 | ||||||||
23,378 | Dorel Industries, Inc (Class B) | 529 | ||||||||
636,678 | DR Horton, Inc | 20,393 | ||||||||
86,173 | Duni AB | 1,444 | ||||||||
386,855 | Eclat Textile Co Ltd | 5,316 | ||||||||
2,305,594 | Electrolux AB (Series B) | 55,628 | ||||||||
35,557 | Enex Co Ltd | 107 | ||||||||
25,548 | Escalade, Inc | 338 | ||||||||
62,658 | e | Ethan Allen Interiors, Inc | 1,743 | |||||||
198,300 | Even Construtora e Incorporadora S.A. | 206 | ||||||||
54,099 | Ez Tec Empreendimentos e Participacoes S.A. | 174 | ||||||||
308,640 | Feng TAY Enterprise Co Ltd | 1,570 | ||||||||
53,300 | Fields Corp | 920 | ||||||||
9,728 | Fila Korea Ltd | 780 | ||||||||
14,958 | Flexsteel Industries, Inc | 661 | ||||||||
1,081 | Forbo Holding AG. | 1,273 | ||||||||
1,545,852 | Formosa Taffeta Co Ltd | 1,405 | ||||||||
220,679 | Forus S.A. | 545 | ||||||||
77,429 | *,e | Fossil Group, Inc | 2,831 | |||||||
151,091 | Foster Electric Co Ltd | 3,286 | ||||||||
58,000 | France Bed Holdings Co Ltd | 481 | ||||||||
339,999 | e | Fuguiniao Co Ltd | 206 | |||||||
89,000 | Fujibo Holdings Inc | 165 | ||||||||
189,000 | Fujitsu General Ltd | 2,404 | ||||||||
86,800 | e | Funai Electric Co Ltd | 728 | |||||||
313,400 | * | Gafisa S.A. | 192 | |||||||
160,086 | e | Garmin Ltd | 5,950 | |||||||
67,538 | *,e | Geox S.p.A. | 298 |
43 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
22,081 | e | Gerry Weber International AG. | $ | 306 | ||||||
322,379 | Giant Manufacturing Co Ltd | 2,137 | ||||||||
124,948 | * | G-III Apparel Group Ltd | 5,530 | |||||||
257,794 | e | Gildan Activewear, Inc | 7,329 | |||||||
5,788,000 | * | Global Brands Group Holding Ltd | 1,096 | |||||||
4,100 | Goldwin, Inc | 212 | ||||||||
735,000 | * | Goodbaby International Holding | 267 | |||||||
832,693 | *,e | GoPro, Inc | 14,997 | |||||||
53,811 | *,e | Green Brick Partners, Inc | 387 | |||||||
7,700 | Guararapes Confeccoes S.A. | 89 | ||||||||
315,423 | e | GUD Holdings Ltd | 1,939 | |||||||
879,000 | Gunze Ltd | 2,575 | ||||||||
1,898,983 | Haier Electronics Group Co Ltd | 3,833 | ||||||||
2,994,000 | *,e | Haier Healthwise Holdings Ltd | 142 | |||||||
13,618 | Handsome Co Ltd | 468 | ||||||||
1,594,992 | Hanesbrands, Inc | 46,941 | ||||||||
17,307 | Hansae Co Ltd | 775 | ||||||||
34,819 | Hansae Yes24 Holdings Co Ltd | 742 | ||||||||
16,597 | Hanssem Co Ltd | 3,252 | ||||||||
620,248 | Harman International Industries, Inc | 58,434 | ||||||||
304,974 | Hasbro, Inc | 20,543 | ||||||||
1,441,200 | Haseko Corp | 15,934 | ||||||||
737,348 | Hefei Meiling Co Ltd | 519 | ||||||||
149,100 | Heiwa Corp | 2,790 | ||||||||
119,831 | * | Helen of Troy Ltd | 11,294 | |||||||
24,286 | Hermes International | 8,209 | ||||||||
36,058 | * | Himatsingka Seide Ltd | 116 | |||||||
425,000 | * | Hisense Kelon Electrical Holdings Co Ltd | 225 | |||||||
5,577 | Hitachi Home & Life Solutions India Ltd | 115 | ||||||||
28,591 | * | HLB, Inc | 517 | |||||||
24,612 | Hooker Furniture Corp | 621 | ||||||||
474,000 | e | Hosa International Ltd | 168 | |||||||
303,789 | *,e | Hovnanian Enterprises, Inc (Class A) | 550 | |||||||
197,782 | Hugo Boss AG. | 16,319 | ||||||||
152,000 | Hume Industries BHD | 113 | ||||||||
368,973 | Husqvarna AB (B Shares) | 2,435 | ||||||||
10,382 | Huvis Corp | 68 | ||||||||
10,196 | Hyundai Livart Furniture Co Ltd | 301 | ||||||||
18,267 | IC Companys AS | 670 | ||||||||
120,482 | *,e | Iconix Brand Group, Inc | 823 | |||||||
618,853 | Iida Group Holdings Co Ltd | 11,470 | ||||||||
1,296 | Ilshin Spinning Co Ltd | 170 | ||||||||
9,222 | Indo Count Industries Ltd | 153 | ||||||||
47,160 | * | Installed Building Products Inc | 1,171 | |||||||
73,245 | *,e | iRobot Corp | 2,593 | |||||||
48,897 | *,e | Jakks Pacific, Inc | 389 | |||||||
171,000 | Japan Wool Textile Co Ltd | 1,256 | ||||||||
1,531,672 | *,e | Jarden Corp | 87,489 | |||||||
101,965 | *,e | Jimmy Choo plc | 212 | |||||||
178,499 | * | Jinshan Development & Construction Co Ltd | 187 | |||||||
235,316 | JM AB | 7,005 | ||||||||
237,135 | Johnson Health Tech Co Ltd | 380 |
44 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
13,181 | Johnson Outdoors, Inc | $ | 289 | |||||||
114,700 | e | JVC KENWOOD Holdings, Inc | 314 | |||||||
1,028,350 | * | Kate Spade & Co | 18,274 | |||||||
274,695 | e | KB Home | 3,387 | |||||||
1,058,000 | * | Kinpo Electronics | 308 | |||||||
10,800 | * | Kitex Garments Ltd | 116 | |||||||
42,244 | KMC Kuei Meng International In | 165 | ||||||||
665,600 | Konka Group Co Ltd | 332 | ||||||||
453,000 | Kurabo Industries Ltd | 772 | ||||||||
808 | Kyungbang Ltd | 133 | ||||||||
12,693 | * | LA Opala RG Ltd | 122 | |||||||
746,004 | Lao Feng Xiang Co Ltd | 3,185 | ||||||||
426,930 | La-Z-Boy, Inc | 10,426 | ||||||||
627,776 | Lealea Enterprise Co Ltd | 180 | ||||||||
226,813 | Leggett & Platt, Inc | 9,531 | ||||||||
16,410 | Lennar Corp (B Shares) | 659 | ||||||||
240,814 | e | Lennar Corp (Class A) | 11,778 | |||||||
114,109 | LG Electronics, Inc | 5,188 | ||||||||
58,651 | LG Fashion Corp | 1,344 | ||||||||
50,914 | *,e | LGI Homes, Inc | 1,239 | |||||||
40,000 | Li Cheng Enterprise Co Ltd | 185 | ||||||||
1,390,020 | *,e | Li Ning Co Ltd | 750 | |||||||
555,965 | * | Li Peng Enterprise Co Ltd | 140 | |||||||
73,660 | Libbey, Inc | 1,570 | ||||||||
45,790 | e | Lifetime Brands, Inc | 607 | |||||||
1,333 | LPP S.A. | 1,884 | ||||||||
413,917 | *,e | Lululemon Athletica, Inc | 21,718 | |||||||
1,059,250 | Luthai Textile Co Ltd | 1,467 | ||||||||
229,330 | Luxottica Group S.p.A. | 14,944 | ||||||||
286,088 | LVMH Moet Hennessy Louis Vuitton S.A. | 44,936 | ||||||||
79,561 | * | M/I Homes, Inc | 1,744 | |||||||
157,271 | Makalot Industrial Co Ltd | 1,108 | ||||||||
44,223 | *,e | Malibu Boats Inc | 724 | |||||||
1,983,600 | Man Wah Holdings Ltd | 2,325 | ||||||||
6,442 | *,m | Mariella Burani S.p.A. | 0 | |||||||
34,255 | e | Marine Products Corp | 207 | |||||||
20,300 | Mars Engineering Corp | 343 | ||||||||
1,396,983 | Matsushita Electric Industrial Co Ltd | 14,162 | ||||||||
6,307,653 | e | Mattel, Inc | 171,379 | |||||||
321,600 | MC Group PCL | 107 | ||||||||
152,174 | * | MCBC Holdings, Inc | 2,085 | |||||||
97,779 | e | MDC Holdings, Inc | 2,496 | |||||||
244,537 | Merida Industry Co Ltd | 1,311 | ||||||||
104,049 | * | Meritage Homes Corp | 3,537 | |||||||
515,337 | * | Michael Kors Holdings Ltd | 20,644 | |||||||
38,100 | Misawa Homes Co Ltd | 279 | ||||||||
68,000 | Mitsui Home Co Ltd | 312 | ||||||||
81,000 | Mizuno Corp | 388 | ||||||||
338,053 | * | Mohawk Industries, Inc | 64,024 | |||||||
1,086,297 | Moncler S.p.A | 15,117 | ||||||||
46,422 | Movado Group, Inc | 1,193 | ||||||||
1,287,065 | MRV Engenharia e Participacoes S.A. | 2,814 |
45 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
11,058 | Nacco Industries, Inc (Class A) | $ | 467 | |||||||
708,335 | Namco Bandai Holdings, Inc | 14,965 | ||||||||
35,000 | Nan Liu Enterprise Co Ltd | 184 | ||||||||
213,308 | * | Nautilus, Inc | 3,566 | |||||||
20,892 | *,e | New Home Co Inc | 271 | |||||||
38,609 | e | New Wave Group AB (B Shares) | 158 | |||||||
2,046,164 | e | Newell Rubbermaid, Inc | 90,195 | |||||||
479,129 | Nien Hsing Textile Co Ltd | 330 | ||||||||
5,665,242 | e | Nike, Inc (Class B) | 354,078 | |||||||
79,424 | e | Nikon Corp | 1,064 | |||||||
298,619 | Nobia AB | 3,737 | ||||||||
40,441 | * | NVR, Inc | 66,445 | |||||||
954,531 | e | Onward Kashiyama Co Ltd | 5,869 | |||||||
279,153 | Oriental Weavers | 282 | ||||||||
1,246,817 | *,g | OVS S.p.A | 8,673 | |||||||
61,144 | Oxford Industries, Inc | 3,902 | ||||||||
648,000 | *,e,g | Ozner Water International Holding Ltd | 192 | |||||||
1,909,778 | Pacific Textile Holdings Ltd | 2,941 | ||||||||
9,219 | Page Industries Ltd | 1,861 | ||||||||
260,000 | PanaHome Corp | 1,964 | ||||||||
103,162 | Pandora AS | 13,007 | ||||||||
3,346 | * | PDG Realty S.A. | 1 | |||||||
402,000 | *,m | Peace Mark Holdings Ltd | 0 | |||||||
4,086,000 | Peak Sport Products Co Ltd | 1,136 | ||||||||
24,414 | Pegas Nonwovens S.A. | 715 | ||||||||
302,765 | * | Performance Sports Group Ltd | 2,916 | |||||||
83,245 | *,e | Performance Sports Group Ltd (Canada) | 803 | |||||||
66,235 | * | Perry Ellis International, Inc | 1,220 | |||||||
381,769 | Persimmon plc | 11,389 | ||||||||
82,891 | Phillips-Van Heusen Corp | 6,105 | ||||||||
28,258 | * | PIK Group (GDR) | 82 | |||||||
16,546,039 | * | Pioneer Corp | 45,550 | |||||||
8,104,857 | Playmates Holdings Ltd | 9,470 | ||||||||
2,564,000 | Playmates Toys Ltd | 646 | ||||||||
65,681 | e | Polaris Industries, Inc | 5,645 | |||||||
151,655 | Pool Corp | 12,251 | ||||||||
2,560,935 | Pou Chen Corp | 3,342 | ||||||||
7,600 | Pressance Corp | 252 | ||||||||
920,000 | *,e | Prime Success International Group Ltd | 154 | |||||||
41,236,400 | PT Sri Rejeki Isman Tbk | 1,156 | ||||||||
2,827,735 | Pulte Homes, Inc | 50,390 | ||||||||
258,762 | * | Rajesh Exports Ltd | 2,659 | |||||||
385,211 | Ralph Lauren Corp | 42,943 | ||||||||
70,785 | Raymond Ltd | 457 | ||||||||
684,539 | Redrow plc | 4,743 | ||||||||
18,100 | *,g | Regina Miracle International Holdings Ltd | 26 | |||||||
29,797 | Rinnai Corp | 2,640 | ||||||||
1,588,562 | Ruentex Industries Ltd | 2,954 | ||||||||
27,328 | *,e | Safilo Group S.p.A. | 316 | |||||||
43,979 | e | Salvatore Ferragamo Italia S.p.A | 1,031 | |||||||
51,114 | Samick Musical Instruments Co Ltd | 149 | ||||||||
906,000 | Sampo Corp | 327 |
46 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
816,000 | Samson Holding Ltd | $ | 101 | |||||||
87,200 | Sangetsu Co Ltd | 1,592 | ||||||||
63,421 | Sankyo Co Ltd | 2,367 | ||||||||
122,400 | Sanyo Electric Taiwan Co Ltd | 92 | ||||||||
476,000 | Sanyo Shokai Ltd | 1,136 | ||||||||
20,329 | SEB S.A. | 2,087 | ||||||||
297,294 | Sega Sammy Holdings, Inc | 2,781 | ||||||||
309,000 | Seiko Holdings Corp | 1,745 | ||||||||
1,062,930 | Seiren Co Ltd | 11,480 | ||||||||
783,895 | Sekisui Chemical Co Ltd | 10,235 | ||||||||
1,038,877 | Sekisui House Ltd | 17,467 | ||||||||
91,359 | *,e | Sequential Brands Group, Inc | 723 | |||||||
429,400 | m | Shanghai Haixin Group Co | 388 | |||||||
2,234,000 | *,e | Sharp Corp | 2,304 | |||||||
223,400 | * | Shenzhen China Bicycle Co Holdings Ltd | 187 | |||||||
699,493 | Shenzhou International Group Holdings Ltd | 4,009 | ||||||||
83,845 | Shimano, Inc | 12,875 | ||||||||
349,000 | e | Sitoy Group Holdings Ltd | 145 | |||||||
482,361 | * | Skechers U.S.A., Inc (Class A) | 14,572 | |||||||
58,269 | * | Skullcandy, Inc | 276 | |||||||
7,855,229 | Skyworth Digital Holdings Ltd | 5,096 | ||||||||
131,805 | * | Smith & Wesson Holding Corp | 2,897 | |||||||
6,103,431 | Sony Corp | 150,003 | ||||||||
303,205 | Sony Corp (ADR) | 7,462 | ||||||||
546,430 | *,g | Spin Master Corp | 8,633 | |||||||
13,316 | SRF Ltd | 254 | ||||||||
9,000 | e | SRI Sports Ltd | 70 | |||||||
26,600 | Starts Corp, Inc | 515 | ||||||||
3,909,370 | Steinhoff International Holdings NV | 19,846 | ||||||||
179,422 | * | Steven Madden Ltd | 5,422 | |||||||
76,262 | e | Sturm Ruger & Co, Inc | 4,546 | |||||||
271,654 | Sumitomo Forestry Co Ltd | 3,665 | ||||||||
11,132 | Superior Uniform Group, Inc | 189 | ||||||||
36,212 | e | Swatch Group AG. | 12,575 | |||||||
195,084 | Swatch Group AG. (Registered) | 13,174 | ||||||||
6,656 | Symphony Ltd | 232 | ||||||||
940,602 | Tainan Spinning Co Ltd | 405 | ||||||||
536,600 | Taiwan Paiho Ltd | 1,183 | ||||||||
195,593 | Takamatsu Corp | 4,181 | ||||||||
13,500 | Tamron Co Ltd | 249 | ||||||||
1,951,298 | * | Tatung Co Ltd | 330 | |||||||
119,507 | * | Taylor Morrison Home Corp | 1,912 | |||||||
7,033,701 | Taylor Wimpey plc | 21,026 | ||||||||
1,760,000 | e | TCL Multimedia Technology Holdings Ltd | 1,112 | |||||||
1,907,500 | Techtronic Industries Co | 7,722 | ||||||||
41,738 | Ted Baker plc | 1,838 | ||||||||
54,484 | Telford Homes plc | 314 | ||||||||
406,731 | * | Tempur-Pedic International, Inc | 28,658 | |||||||
955,500 | Texhong Textile Group Ltd | 721 | ||||||||
2,090,000 | Texwinca Holdings Ltd | 2,180 | ||||||||
746,589 | Thomson | 6,060 | ||||||||
47,767 | g | Thule Group AB | 651 |
47 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,444,000 | Time Watch Investments Ltd | $ | 201 | |||||||
10,642 | e | Tod’s S.p.A. | 840 | |||||||
16,190 | Token Corp | 1,250 | ||||||||
177,412 | * | Toll Brothers, Inc | 5,908 | |||||||
449,385 | * | TomTom NV | 5,650 | |||||||
54,868 | e | Tomy Co Ltd | 359 | |||||||
42,145 | * | TopBuild Corp | 1,297 | |||||||
58,000 | Topkey Corp | 204 | ||||||||
79,000 | Toung Loong Textile Manufacturing | 227 | ||||||||
402,960 | *,e | TRI Pointe Homes, Inc | 5,105 | |||||||
27,745 | * | Trigano S.A. | 1,694 | |||||||
15,380,000 | e | Trinity Ltd | 2,273 | |||||||
70,400 | TSI Holdings Co Ltd | 481 | ||||||||
173,103 | Tsutsumi Jewelry Co Ltd | 3,564 | ||||||||
2,720 | * | TTK Prestige Ltd | 192 | |||||||
281,305 | * | Tumi Holdings, Inc | 4,678 | |||||||
266,936 | e | Tupperware Corp | 14,855 | |||||||
140,192 | *,e | Under Armour, Inc (Class A) | 11,301 | |||||||
38,947 | * | Unifi, Inc | 1,096 | |||||||
6,192,000 | * | Unitika Ltd | 2,907 | |||||||
77,086 | * | Universal Electronics, Inc | 3,958 | |||||||
202,400 | e | Universal Entertainment Corp | 3,680 | |||||||
591,479 | *,e,m | Urbi Desarrollos Urbanos S.A. de C.V | 0 | ^ | ||||||
9,981 | * | Vaibhav Global Ltd | 75 | |||||||
35,286 | Vardhman Textiles Ltd | 440 | ||||||||
53,084 | *,e | Vera Bradley, Inc | 837 | |||||||
76,167 | * | Vestel Elektronik Sanayi | 133 | |||||||
1,587,345 | VF Corp | 98,812 | ||||||||
67,197 | Videocon Industries Ltd | 124 | ||||||||
102,413 | *,e | Vince Holding Corp | 469 | |||||||
113,551 | * | Vista Outdoor, Inc | 5,054 | |||||||
93,627 | Wacoal Holdings Corp | 1,120 | ||||||||
38,101 | * | WCI Communities, Inc | 849 | |||||||
440,500 | Weiqiao Textile Co | 205 | ||||||||
3,738,000 | Welling Holding Ltd | 714 | ||||||||
55,338 | Welspun India Ltd | 760 | ||||||||
18,640 | e | Weyco Group, Inc | 499 | |||||||
143,179 | Whirlpool Corp | 21,029 | ||||||||
47,784 | * | Whirlpool of India Ltd | 467 | |||||||
48,629 | *,e | William Lyon Homes, Inc | 802 | |||||||
1,196,000 | * | Winshine Entertainment & Media Holding Co Ltd | 89 | |||||||
428,117 | Wolverine World Wide, Inc | 7,154 | ||||||||
177,453 | Woongjin Coway Co Ltd | 12,635 | ||||||||
194,631 | Wuxi Little Swan Co Ltd | 463 | ||||||||
3,291,500 | XTEP International Holdings | 1,748 | ||||||||
208,850 | Yamaha Corp | 5,045 | ||||||||
15,300 | Yondoshi Holdings, Inc | 339 | ||||||||
9,100 | Yonex Co Ltd | 234 | ||||||||
21,227 | Youngone Corp | 756 | ||||||||
5,173 | Youngone Holdings Co Ltd | 299 | ||||||||
794,907 | Yue Yuen Industrial Holdings | 2,693 | ||||||||
1,058,000 | e | Yuxing InfoTech Investment Holdings Ltd | 353 |
48 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
75,007 | * | Zagg, Inc | $ | 821 | ||||||
170,764 | Zeng Hsing Industrial Co Ltd | 714 | ||||||||
79,600 | * | Zhonglu Co Ltd | 300 | |||||||
25,200 | e | Zojirushi Corp | 359 | |||||||
TOTAL CONSUMER DURABLES & APPAREL | 2,831,820 | |||||||||
CONSUMER SERVICES - 2.1% | ||||||||||
57,858 | *,e | 2U, Inc | 1,619 | |||||||
11,800 | *,e | 500.com Ltd (ADR) | 237 | |||||||
387,765 | 888 Holdings plc | 1,043 | ||||||||
2,344,695 | Accor S.A. | 101,549 | ||||||||
47,800 | Accordia Golf Co Ltd | 458 | ||||||||
9,027,500 | Accordia Golf Trust | 3,406 | ||||||||
663,864 | Advtech Ltd | 624 | ||||||||
112,882 | e | Ainsworth Game Technology Ltd | 187 | |||||||
8,945,000 | Ajisen China Holdings Ltd | 3,954 | ||||||||
881,002 | e | Alsea SAB de C.V. | 3,059 | |||||||
98,313 | *,e | Amaya, Inc | 1,238 | |||||||
344,000 | Ambassador Hotel | 289 | ||||||||
41,753 | * | American Public Education, Inc | 777 | |||||||
233,363 | * | Apollo Group, Inc (Class A) | 1,790 | |||||||
2,165,744 | ARAMARK Holdings Corp | 69,845 | ||||||||
389,300 | Ardent Leisure Group | 637 | ||||||||
799,326 | Aristocrat Leisure Ltd | 5,902 | ||||||||
74,864 | * | Ascent Media Corp (Series A) | 1,252 | |||||||
59,500 | e | Atom Corp | 341 | |||||||
228,819 | * | Autogrill S.p.A. | 2,181 | |||||||
2,242,448 | * | Belmond Ltd. | 21,303 | |||||||
55,625 | Benesse Corp | 1,602 | ||||||||
486,091 | Berjaya Sports Toto BHD | 345 | ||||||||
205,919 | Betfair Group plc | 11,840 | ||||||||
106,788 | Betsson AB | 1,957 | ||||||||
54,468 | * | BJ’s Restaurants, Inc | 2,368 | |||||||
14,030,800 | Bloomberry Resorts Corp | 1,350 | ||||||||
693,142 | Bloomin’ Brands, Inc | 11,707 | ||||||||
57,362 | Bob Evans Farms, Inc | 2,229 | ||||||||
65,788 | *,e | Bojangles’, Inc | 1,044 | |||||||
416,040 | *,e | Boyd Gaming Corp | 8,267 | |||||||
85,416 | * | Bravo Brio Restaurant Group, Inc | 769 | |||||||
158,436 | * | Bridgepoint Education, Inc | 1,206 | |||||||
91,970 | * | Bright Horizons Family Solutions | 6,144 | |||||||
389,199 | Brinker International, Inc | 18,662 | ||||||||
69,394 | *,e | Buffalo Wild Wings, Inc | 11,079 | |||||||
646,233 | Bwin.Party Digital Entertainment plc | 1,230 | ||||||||
134,624 | *,e | Caesars Acquisition Co | 917 | |||||||
136,169 | *,e | Caesars Entertainment Corp | 1,074 | |||||||
512,000 | Cafe de Coral Holdings Ltd | 1,500 | ||||||||
33,499 | * | Cambium Learning Group, Inc | 162 | |||||||
79,281 | Capella Education Co | 3,664 | ||||||||
74,061 | Cara Operations Ltd | 1,645 | ||||||||
249,545 | *,e | Career Education Corp | 906 | |||||||
1,596,652 | Carnival Corp | 86,986 |
49 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
349,767 | Carnival plc | $ | 19,925 | |||||||
40,443 | Carriage Services, Inc | 975 | ||||||||
185,942 | * | Carrols Restaurant Group, Inc | 2,183 | |||||||
120,436 | Cheesecake Factory | 5,553 | ||||||||
196,483 | *,e | Chegg, Inc | 1,322 | |||||||
127,255 | * | China Lodging Group Ltd (ADR) | 3,978 | |||||||
6,960,000 | e | China LotSynergy Holdings Ltd | 325 | |||||||
450,000 | China Maple Leaf Educational Systems Ltd | 221 | ||||||||
2,472,000 | China Travel International Inv HK | 1,034 | ||||||||
1,405,000 | *,e | China Vanguard Group Ltd | 157 | |||||||
82,591 | * | Chipotle Mexican Grill, Inc (Class A) | 39,631 | |||||||
50,829 | e | Choice Hotels International, Inc | 2,562 | |||||||
31,561 | Churchill Downs, Inc | 4,466 | ||||||||
190,009 | *,e | Chuy’s Holdings, Inc | 5,955 | |||||||
23,367 | Cie des Alpes | 393 | ||||||||
63,686 | City Lodge Hotels Ltd | 618 | ||||||||
108,726 | ClubCorp Holdings, Inc | 1,986 | ||||||||
18,110 | Collectors Universe | 281 | ||||||||
49,000 | e | Colowide Co Ltd | 745 | |||||||
603,187 | Compass Group plc | 10,452 | ||||||||
211,967 | e | Corporate Travel Management Lt | 2,014 | |||||||
123,577 | Cox & Kings India Ltd | 459 | ||||||||
47,781 | e | Cracker Barrel Old Country Store, Inc | 6,060 | |||||||
12,300 | Create Restaurants Holdings, Inc | 341 | ||||||||
2,474 | Credu Corp | 109 | ||||||||
419,343 | Crown Ltd | 3,790 | ||||||||
176,300 | CVC Brasil Operadora e Agencia de Viagens S.A. | 600 | ||||||||
106,258 | Daekyo Co Ltd | 805 | ||||||||
132,000 | Dahan Development Corp | 216 | ||||||||
5,700 | Daisyo Corp | 72 | ||||||||
259,780 | Darden Restaurants, Inc | 16,532 | ||||||||
120,896 | * | Dave & Buster’s Entertainment, Inc | 5,046 | |||||||
55,887 | * | Del Frisco’s Restaurant Group, Inc | 895 | |||||||
55,131 | * | Delta Corp Ltd | 66 | |||||||
438,861 | * | Denny’s Corp | 4,314 | |||||||
161,545 | e | DeVry, Inc | 4,089 | |||||||
103,290 | *,e | Diamond Resorts International, Inc | 2,635 | |||||||
58,415 | Dignity plc | 2,192 | ||||||||
43,161 | e | DineEquity, Inc | 3,654 | |||||||
8,023 | DO & CO AG. | 870 | ||||||||
7,028 | DO & CO AG. (Istanbul) | 747 | ||||||||
137,440 | Domino’s Pizza Enterprises Ltd | 5,734 | ||||||||
416,195 | Domino’s Pizza UK & IRL plc | 6,451 | ||||||||
97,670 | Domino’s Pizza, Inc | 10,866 | ||||||||
454,221 | e | Donaco International Ltd | 253 | |||||||
87,600 | Doutor Nichires Holdings Co Ltd | 1,355 | ||||||||
3,326,683 | * | Dubai Parks & Resorts PJSC | 1,018 | |||||||
60,038 | e | Dunkin Brands Group, Inc | 2,557 | |||||||
3,035,400 | Dynam Japan Holdings Co Ltd | 3,301 | ||||||||
144,885 | EIH Ltd | 284 | ||||||||
35,561 | *,e | El Pollo Loco Holdings, Inc | 449 | |||||||
77,601 | * | Eldorado Resorts, Inc | 854 |
50 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
6,018 | * | Emerson Pacific, Inc | $ | 220 | ||||||
1,030,000 | Emperor Entertainment Hotel Ltd | 188 | ||||||||
8,457 | *,e | Empire Resorts, Inc | 152 | |||||||
206,978 | e | EnerCare, Inc | 2,387 | |||||||
610,657 | * | Enterprise Inns plc | 1,001 | |||||||
1,281,100 | Erawan Group PCL | 152 | ||||||||
625,349 | Estacio Participacoes S.A. | 2,190 | ||||||||
35,505 | *,g | Evolution Gaming Group AB | 1,284 | |||||||
2,774,427 | Extended Stay America, Inc | 44,113 | ||||||||
149,483 | e | Famous Brands Ltd | 1,253 | |||||||
64,528 | * | Fiesta Restaurant Group, Inc | 2,168 | |||||||
84,481 | First Hotel | 48 | ||||||||
252,776 | e | Flight Centre Ltd | 7,290 | |||||||
260,143 | *,e | Fogo De Chao, Inc | 3,944 | |||||||
37,990 | Formosa International Hotels Corp | 263 | ||||||||
826,000 | Fu Shou Yuan International Group Ltd | 641 | ||||||||
48,000 | Fuji Kyuko Co Ltd | 462 | ||||||||
58,000 | e | Fujita Kanko, Inc | 291 | |||||||
271,854 | e | G8 Education Ltd | 703 | |||||||
31,800 | GAEC Educacao S.A. | 110 | ||||||||
1,882,155 | Galaxy Entertainment Group Ltd | 5,897 | ||||||||
3,696,308 | Genting BHD | 6,304 | ||||||||
5,221,393 | Genting International plc | 2,817 | ||||||||
953,200 | GL Ltd | 587 | ||||||||
936,742 | Gold Reef Resorts Ltd | 1,472 | ||||||||
132,000 | Gourmet Master Co Ltd | 939 | ||||||||
1,454 | Graham Holdings Co | 705 | ||||||||
150,316 | * | Grand Canyon Education, Inc | 6,031 | |||||||
29,665 | Grand Korea Leisure Co Ltd | 607 | ||||||||
66,282 | * | Great Canadian Gaming Corp | 741 | |||||||
268,430 | Greene King plc | 3,675 | ||||||||
122,461 | e | GVC Holdings plc | 837 | |||||||
742,070 | e | H&R Block, Inc | 24,718 | |||||||
27,872 | *,e | Habit Restaurants, Inc | 643 | |||||||
1,255,000 | *,g | Haichang Holdings Ltd | 281 | |||||||
8,478 | Hana Tour Service, Inc | 825 | ||||||||
9,600 | Hiday Hidaka Corp | 276 | ||||||||
3,279,448 | e | Hilton Worldwide Holdings, Inc | 70,180 | |||||||
23,500 | e | Hiramatsu Inc | 142 | |||||||
131,500 | HIS Co Ltd | 4,393 | ||||||||
114,600 | *,e | Homeinns Hotel Group (ADR) | 3,915 | |||||||
269,300 | *,e | Hoteles City Express SAB de C.V. | 360 | |||||||
448,614 | * | Houghton Mifflin Harcourt Co | 9,771 | |||||||
146,850 | Huangshan Tourism Development Co Ltd | 299 | ||||||||
110,894 | *,e | Hyatt Hotels Corp | 5,214 | |||||||
6,900 | Ichibanya Co Ltd | 339 | ||||||||
486,891 | * | Indian Hotels Co Ltd | 856 | |||||||
97,853 | InterContinental Hotels Group plc | 3,814 | ||||||||
205,823 | e | International Game Technology plc | 3,330 | |||||||
67,437 | International Speedway Corp (Class A) | 2,274 | ||||||||
104,903 | *,e | Intertain Group Ltd | 755 | |||||||
260,382 | Interval Leisure Group, Inc | 4,065 |
51 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
121,213 | * | Intralot S.A.-Integrated Lottery Systems & Services | $ | 154 | ||||||
178,039 | * | Intrawest Resorts Holdings Inc | 1,392 | |||||||
96,233 | e | Invocare Ltd | 837 | |||||||
214,862 | * | Isle of Capri Casinos, Inc | 2,993 | |||||||
35,930 | * | J Alexander’s Holdings, Inc | 392 | |||||||
151,012 | Jack in the Box, Inc | 11,584 | ||||||||
36,515 | *,e | Jamba, Inc | 493 | |||||||
560,642 | Jollibee Foods Corp | 2,603 | ||||||||
27,466 | Jubilant Foodworks Ltd | 614 | ||||||||
315,172 | * | K12, Inc | 2,774 | |||||||
344,178 | Kangwon Land, Inc | 11,233 | ||||||||
71,500 | *,e | Kappa Create Co Ltd | 714 | |||||||
17,600 | e | Kisoji Co Ltd | 315 | |||||||
365,000 | * | KNT-CT Holdings Co Ltd | 706 | |||||||
22,060 | *,e | Kona Grill, Inc | 350 | |||||||
7,400 | Koshidaka Holdings Co Ltd | 134 | ||||||||
286,493 | * | Krispy Kreme Doughnuts, Inc | 4,317 | |||||||
4,609,924 | Kroton Educacional S.A. | 11,027 | ||||||||
7,468 | Kuoni Reisen Holding | 2,080 | ||||||||
9,000 | Kura Corp | 361 | ||||||||
9,200 | e | Kyoritsu Maintenance Co Ltd | 789 | |||||||
350,058 | * | La Quinta Holdings, Inc | 4,764 | |||||||
885,845 | Ladbrokes plc | 1,563 | ||||||||
355,630 | Las Vegas Sands Corp | 15,591 | ||||||||
11,844 | e | Liberty Tax, Inc | 282 | |||||||
376,268 | *,e | LifeLock, Inc | 5,399 | |||||||
30,000 | Lion Travel Service Co Ltd | 108 | ||||||||
3,006,000 | *,e | Macau Legend Development Ltd | 390 | |||||||
545,500 | Magnum BHD | 319 | ||||||||
21,724 | Mahindra Holidays & Resorts India Ltd | 149 | ||||||||
469,391 | Mantra Group Ltd | 1,718 | ||||||||
65,629 | Marcus Corp | 1,245 | ||||||||
232,838 | e | Marriott International, Inc (Class A) | 15,609 | |||||||
75,425 | Marriott Vacations Worldwide Corp | 4,295 | ||||||||
577,239 | Marston’s plc | 1,413 | ||||||||
6,900 | Matsuya Foods Co Ltd | 164 | ||||||||
1,471,600 | * | Max’s Group, Inc | 624 | |||||||
1,776,908 | McDonald’s Corp | 209,924 | ||||||||
19,553 | e | McDonald’s Holdings Co Japan Ltd | 425 | |||||||
5,000 | MegaStudy Co Ltd | 176 | ||||||||
17,300 | Meiko Network Japan Co Ltd | 201 | ||||||||
81,018,200 | * | Melco Crown Philippines Resorts Corp | 3,921 | |||||||
672,000 | e | Melco International Development | 1,004 | |||||||
844,356 | e | Melco PBL Entertainment Macau Ltd (ADR) | 14,185 | |||||||
77,796 | e | Melia Hotels International S.A. | 1,028 | |||||||
1,243,277 | g | Merlin Entertainments plc | 8,336 | |||||||
1,185,300 | MGM China Holdings Ltd | 1,473 | ||||||||
3,843,562 | * | MGM Resorts International | 87,326 | |||||||
4,915,700 | Minor International PCL (Foreign) | 4,923 | ||||||||
179,911 | * | Mitchells & Butlers plc | 909 | |||||||
9,914 | Modetour Network, Inc | 283 | ||||||||
29,753 | * | Monarch Casino & Resort, Inc | 676 |
52 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
84,260 | * | Morgans Hotel Group Co | $ | 284 | ||||||
20,800 | MOS Food Services, Inc | 561 | ||||||||
31,668 | MPK Group, Inc | 89 | ||||||||
30,018 | e | MTY Food Group, Inc | 704 | |||||||
213,608 | e | Navitas Ltd | 722 | |||||||
180,369 | * | NET Holding AS | 216 | |||||||
120,100 | New Oriental Education & Technology Group (ADR) | 3,768 | ||||||||
167,316 | * | NH Hoteles S.A. | 915 | |||||||
31,222 | *,e | Noodles & Co | 303 | |||||||
24,274 | *,e | Nord Anglia Education, Inc | 492 | |||||||
2,455,282 | * | Norwegian Cruise Line Holdings Ltd | 143,880 | |||||||
8,100 | Ohsho Food Service Corp | 280 | ||||||||
569,247 | OPAP S.A. | 4,995 | ||||||||
11,785 | * | Orascom Development Holding AG. | 121 | |||||||
282,700 | Oriental Land Co Ltd | 17,102 | ||||||||
405,700 | e | Overseas Union Enterprise Ltd | 511 | |||||||
118,120 | Paddy Power plc | 15,776 | ||||||||
62,926 | * | Pandox AB | 1,155 | |||||||
55,989 | * | Panera Bread Co (Class A) | 10,906 | |||||||
135,568 | Papa John’s International, Inc | 7,574 | ||||||||
651,212 | *,e | Papa Murphy’s Holdings, Inc | 7,333 | |||||||
53,713 | Paradise Co Ltd | 799 | ||||||||
322,370 | *,e | Penn National Gaming, Inc | 5,164 | |||||||
413,900 | Philweb Corp | 203 | ||||||||
4,337 | * | Pierre & Vacances | 139 | |||||||
206,319 | * | Pinnacle Entertainment, Inc | 6,421 | |||||||
110,359 | *,e | Planet Fitness, Inc | 1,725 | |||||||
17,300 | e | Plenus Co Ltd | 289 | |||||||
112,241 | * | Popeyes Louisiana Kitchen, Inc | 6,566 | |||||||
53,918 | *,e | Potbelly Corp | 631 | |||||||
373,100 | Prestariang BHD | 257 | ||||||||
35,583 | * | Red Robin Gourmet Burgers, Inc | 2,197 | |||||||
167,050 | * | Regis Corp | 2,364 | |||||||
3,719,534 | Resorts World BHD | 3,789 | ||||||||
66,000 | Resorttrust, Inc | 1,741 | ||||||||
2,046 | Restaurant Brands International LP | 75 | ||||||||
2,075,656 | Restaurant Brands International, Inc | 77,547 | ||||||||
270,812 | e | Restaurant Brands International, Inc (Toronto) | 10,128 | |||||||
198,806 | Restaurant Group plc | 2,012 | ||||||||
107,068 | e | Retail Food Group Ltd | 359 | |||||||
8,535,535 | e,m | REXLot Holdings Ltd | 485 | |||||||
75,728 | Rezidor Hotel Group AB | 280 | ||||||||
14,400 | e | Ringer Hut Co Ltd | 333 | |||||||
58,200 | Round One Corp | 263 | ||||||||
204,565 | Royal Caribbean Cruises Ltd | 20,704 | ||||||||
23,000 | e | Royal Holdings Co Ltd | 427 | |||||||
159,179 | * | Ruby Tuesday, Inc | 877 | |||||||
172,298 | Ruth’s Chris Steak House, Inc | 2,743 | ||||||||
25,000 | Saizeriya Co Ltd | 627 | ||||||||
11,371,495 | Sands China Ltd | 38,552 | ||||||||
127,975 | *,e | Scientific Games Corp (Class A) | 1,148 | |||||||
170,947 | e | SeaWorld Entertainment, Inc | 3,366 |
53 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
10,718 | Seoul Auction Co Ltd | $ | 196 | |||||||
246,400 | g | Ser Educacional S.A. | 477 | |||||||
456,451 | Service Corp International | 11,877 | ||||||||
797,652 | * | ServiceMaster Global Holdings, Inc | 31,300 | |||||||
14,290 | *,e | Shake Shack, Inc | 566 | |||||||
1,268,000 | Shanghai Jinjiang International Hotels Group Co Ltd | 532 | ||||||||
61,449 | Shanghai Jinjiang International Travel Co Ltd | 306 | ||||||||
1,102,120 | Shangri-La Asia Ltd | 1,073 | ||||||||
1,502 | Shinsegae Food Co Ltd | 220 | ||||||||
183,119 | Six Flags Entertainment Corp | 10,061 | ||||||||
4,456,613 | e | SJM Holdings Ltd | 3,158 | |||||||
40,580 | SkiStar AB (Series B) | 596 | ||||||||
2,002,647 | Sky City Entertainment Group Ltd | 6,054 | ||||||||
92,800 | e | Skylark Co Ltd | 1,199 | |||||||
262,662 | e | Slater & Gordon Ltd | 156 | |||||||
26,515 | Sodexho Alliance S.A. | 2,590 | ||||||||
747,898 | e | Sonic Corp | 24,165 | |||||||
182,074 | e | Sotheby’s (Class A) | 4,690 | |||||||
72,602 | Speedway Motorsports, Inc | 1,504 | ||||||||
136,854 | Spur Corp Ltd | 297 | ||||||||
578,768 | SSP Group plc | 2,767 | ||||||||
12,800 | St Marc Holdings Co Ltd | 356 | ||||||||
4,162,632 | Star Entertainment Grp Ltd | 15,275 | ||||||||
6,213,560 | Starbucks Corp | 373,000 | ||||||||
246,975 | Starwood Hotels & Resorts Worldwide, Inc | 17,110 | ||||||||
3,878 | * | Steak N Shake Co | 1,264 | |||||||
26,974 | * | Strayer Education, Inc | 1,622 | |||||||
244,061 | Sun International Ltd | 1,470 | ||||||||
2,128,100 | Ta Enterprise BHD | 295 | ||||||||
1,489,500 | TA Global BHD | 93 | ||||||||
1,650,665 | Tabcorp Holdings Ltd | 5,620 | ||||||||
9,900 | *,e | TAL Education Group (ADR) | 460 | |||||||
19,900 | * | Tarena International, Inc (ADR) | 208 | |||||||
1,168,933 | Tattersall’s Ltd | 3,711 | ||||||||
176,053 | Texas Roadhouse, Inc (Class A) | 6,297 | ||||||||
1,268,212 | * | Thomas Cook Group plc | 2,263 | |||||||
74,610 | Thomas Cook India Ltd | 230 | ||||||||
150,000 | Tokyo Dome Corp | 765 | ||||||||
126,000 | e | Tokyotokeiba Co Ltd | 282 | |||||||
18,700 | Toridoll.corp | 342 | ||||||||
6,600 | Tosho Co Ltd | 177 | ||||||||
508,000 | e | Tsui Wah Holdings Ltd | 118 | |||||||
25,500 | e | Tsukada Global Holdings Inc | 165 | |||||||
495,027 | TUI AG. (DI) | 8,839 | ||||||||
78,946 | Unibet Group plc (ADR) | 8,050 | ||||||||
59,214 | Universal Technical Institute, Inc | 276 | ||||||||
96,744 | Vail Resorts, Inc | 12,382 | ||||||||
126,700 | *,e | Watami Co Ltd | 840 | |||||||
48,480 | *,e | Weight Watchers International, Inc | 1,105 | |||||||
140,421 | e | Wendy’s | 1,512 | |||||||
82,860 | Wetherspoon (J.D.) plc | 914 | ||||||||
49,233 | Whistler Blackcomb Holdings, Inc | 888 |
54 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
475,512 | Whitbread plc | $ | 30,821 | |||||||
324,001 | William Hill plc | 1,891 | ||||||||
15,822 | *,e | Wingstop, Inc | 361 | |||||||
54,220 | Wowprime Corp | 265 | ||||||||
361,574 | Wyndham Worldwide Corp | 26,268 | ||||||||
1,385,971 | e | Wynn Macau Ltd | 1,610 | |||||||
74,093 | e | Wynn Resorts Ltd | 5,126 | |||||||
309,500 | g | Xiabuxiabu Catering Management China Holdings Co Ltd | 122 | |||||||
11,200 | Xueda Education Group (ADR) | 60 | ||||||||
325,000 | YBM Sisa.com, Inc | 1,132 | ||||||||
34,000 | Yomiuri Land Co Ltd | 113 | ||||||||
53,700 | e | Yoshinoya D&C Co Ltd | 694 | |||||||
700,795 | Yum! Brands, Inc | 51,193 | ||||||||
16,280 | Zeal Network SE | 689 | ||||||||
179,700 | e | Zensho Co Ltd | 2,260 | |||||||
568,000 | Zhuhai Holdings Investment Group Ltd | 88 | ||||||||
747,410 | *,e | Zoe’s Kitchen, Inc | 20,913 | |||||||
TOTAL CONSUMER SERVICES | 2,395,158 | |||||||||
DIVERSIFIED FINANCIALS - 3.6% | ||||||||||
1,767,817 | 3i Group plc | 12,523 | ||||||||
76,812 | ABC Arbitrage | 428 | ||||||||
344,903 | e | Aberdeen Asset Management plc | 1,470 | |||||||
56,557 | Ackermans & Van Haaren | 8,309 | ||||||||
237,750 | *,e | Acom Co Ltd | 1,120 | |||||||
125,300 | Aeon Credit Service M BHD | 347 | ||||||||
263,948 | AEON Financial Service Co Ltd | 5,896 | ||||||||
134,633 | * | Affiliated Managers Group, Inc | 21,509 | |||||||
659,757 | AFP Habitat S.A. | 758 | ||||||||
1,389,533 | *,e,m | African Bank Investments Ltd | 1 | |||||||
58,634 | e | AGF Management Ltd | 220 | |||||||
273,200 | *,e | Aiful Corp | 894 | |||||||
1,904,340 | AIRA Capital Co Ltd | 119 | ||||||||
22,592 | Aker ASA (A Shares) | 417 | ||||||||
1,477,453 | * | Al Waha Capital PJSC | 864 | |||||||
31,612 | e | Alaris Royalty Corp | 537 | |||||||
756,931 | Alexander Forbes Group Holdings Ltd | 290 | ||||||||
230,908 | *,e | Allied Minds plc | 1,362 | |||||||
1,419,053 | * | Ally Financial, Inc | 26,451 | |||||||
1,167,289 | * | Amanat Holdings PJSC | 252 | |||||||
2,668,800 | American Express Co | 185,615 | ||||||||
1,016,474 | Ameriprise Financial, Inc | 108,173 | ||||||||
747,079 | * | Amlak Finance PJSC | 283 | |||||||
350,000 | *,g | Amundi S.A. | 16,424 | |||||||
1,761,863 | g | Anima Holding S.p.A | 15,217 | |||||||
988,386 | ARA Asset Management Ltd | 819 | ||||||||
56,060 | e | Arlington Asset Investment Corp (Class A) | 742 | |||||||
205,114 | Arrow Global Group plc | 798 | ||||||||
77,675 | Artisan Partners Asset Management, Inc | 2,801 | ||||||||
2,725 | * | Ashford, Inc | 145 | |||||||
566,053 | e | Ashmore Group plc | 2,133 | |||||||
12,981 | *,m | Asia Pacific Investment Partners Limited | 88 |
55 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
3,247,600 | Asia Plus Group Holdings PCL | $ | 314 | |||||||
16,518 | * | Associated Capital Group, Inc | 504 | |||||||
76,122 | Aurelius AG. | 3,951 | ||||||||
270,266 | Australian Stock Exchange Ltd | 8,315 | ||||||||
24,009 | Avanza AB | 1,043 | ||||||||
346,746 | Ayala Corp | 5,557 | ||||||||
2,215 | *,m | Ayala Corp Preferred | 0 | ^ | ||||||
99,533 | Azimut Holding S.p.A. | 2,474 | ||||||||
50,500 | Banca Generali S.p.A | 1,589 | ||||||||
110,721 | Banca IFIS S.p.A. | 3,449 | ||||||||
3,221,469 | Bank of New York Mellon Corp | 132,789 | ||||||||
584,954 | BGC Partners, Inc (Class A) | 5,738 | ||||||||
306,883 | BinckBank NV | 2,645 | ||||||||
86,031 | BlackRock, Inc | 29,295 | ||||||||
450,420 | Blackstone Group LP | 13,170 | ||||||||
4,017,386 | BM&F Bovespa S.A. | 10,985 | ||||||||
411,900 | e | Bolsa Mexicana de Valores S.A. de C.V. | 546 | |||||||
70,428 | e | Bolsas y Mercados Espanoles | 2,373 | |||||||
1,460,635 | *,e | Brait S.A. | 15,758 | |||||||
336,105 | Brewin Dolphin Holdings plc | 1,528 | ||||||||
674,000 | Bright Smart Securities & Commodities Group Ltd | 207 | ||||||||
165,160 | BT Investment Management Ltd | 1,536 | ||||||||
181,040 | Bure Equity AB | 1,471 | ||||||||
424,400 | Bursa Malaysia BHD | 824 | ||||||||
113,107 | Calamos Asset Management, Inc (Class A) | 1,095 | ||||||||
20,074 | e | Callidus Capital Corp | 128 | |||||||
86,856 | Canaccord Financial, Inc | 321 | ||||||||
23,862 | Capital First Ltd | 149 | ||||||||
962,173 | Capital One Financial Corp | 69,450 | ||||||||
1,598,000 | Capital Securities Corp | 480 | ||||||||
40,970 | Capital Stage AG. | 350 | ||||||||
70,417 | Cash America International, Inc | 2,109 | ||||||||
1,758,000 | * | Cash Financial Services Group Ltd | 74 | |||||||
303,340 | CBOE Holdings, Inc | 19,687 | ||||||||
68,524 | Cembra Money Bank AG. | 4,406 | ||||||||
3,396,000 | e | Central China Securities Co Ltd | 1,846 | |||||||
37,001 | Century Leasing System, Inc | 1,322 | ||||||||
331,682 | Cerved Information Solutions S.p.A | 2,755 | ||||||||
250,415 | CETIP S.A.-Balcao Organizado de Ativos e Derivativos | 2,366 | ||||||||
1,205,537 | Chailease Holding Co Ltd | 2,075 | ||||||||
394,780 | Challenger Financial Services Group Ltd | 2,488 | ||||||||
1,800,793 | Charles Schwab Corp | 59,300 | ||||||||
832,000 | China Bills Finance Corp | 290 | ||||||||
17,170,440 | China Cinda Asset Management Co Ltd | 6,320 | ||||||||
1,144,137 | China Everbright Ltd | 2,613 | ||||||||
3,190,000 | *,e | China Financial International Investments Ltd | 409 | |||||||
11,151,500 | China Galaxy Securities Co Ltd | 10,135 | ||||||||
14,700,000 | e | China LNG Group Ltd | 576 | |||||||
112,665 | e | China Merchants China Direct Investments Ltd | 186 | |||||||
3,352,000 | *,e | China Smarter Energy Group Holdings Ltd | 414 | |||||||
435,813 | e | CI Financial Corp | 9,638 |
56 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
813,113 | * | Citadel Capital Corp | $ | 166 | ||||||
3,344,403 | CITIC Securities Co Ltd | 7,749 | ||||||||
148,155 | Close Brothers Group plc | 2,922 | ||||||||
212,532 | CME Group, Inc | 19,255 | ||||||||
101,287 | Coface S.A. | 1,026 | ||||||||
52,752 | Cohen & Steers, Inc | 1,608 | ||||||||
28,591 | * | Consumer Portfolio Services, Inc | 148 | |||||||
266,782 | e | Coronation Fund Managers Ltd | 914 | |||||||
17,071 | Corp Financiera Alba | 737 | ||||||||
32,035 | Corp Financiera Colombiana S.A. | 388 | ||||||||
66,656 | Corp Financiera Colombiana S.A. (CD) | 816 | ||||||||
276,877 | *,e | Cowen Group, Inc | 1,060 | |||||||
38,777 | *,e | Credit Acceptance Corp | 8,299 | |||||||
27,262 | * | Credit Analysis & Research Ltd | 543 | |||||||
1,789,600 | e | Credit China Holdings Ltd | 698 | |||||||
128,064 | Credit Saison Co Ltd | 2,523 | ||||||||
2,312,521 | Credit Suisse Group | 49,816 | ||||||||
1,366,047 | *,e | Credito Real SAB de C.V. | 3,451 | |||||||
31,446 | CRISIL Ltd | 932 | ||||||||
230,662 | Daewoo Securities Co Ltd | 1,826 | ||||||||
37,408 | Daishin Securities Co Ltd | 373 | ||||||||
21,344 | Daishin Securities Co Ltd PF | 132 | ||||||||
2,312,760 | Daiwa Securities Group, Inc | 14,140 | ||||||||
90,742 | DeA Capital S.p.A. | 139 | ||||||||
2,029,385 | Deutsche Bank AG. | 49,283 | ||||||||
24,318 | * | Deutsche Beteiligungs AG. | 785 | |||||||
479,269 | Deutsche Boerse AG. | 42,128 | ||||||||
8,715 | Diamond Hill Investment Group, Inc | 1,647 | ||||||||
960,000 | * | Differ Group Holding Co Ltd | 150 | |||||||
623,402 | Discover Financial Services | 33,427 | ||||||||
2,340,345 | * | Dubai Financial Market | 776 | |||||||
80,192 | * | Dundee Corp | 264 | |||||||
917,877 | * | E*TRADE Financial Corp | 27,206 | |||||||
275,927 | e | Eaton Vance Corp | 8,948 | |||||||
105,941 | * | Eclipx Group Ltd | 259 | |||||||
333,752 | Edelweiss Capital Ltd | 293 | ||||||||
26,480 | e | EFG Financial Products Holding AG. | 3,825 | |||||||
146,003 | EFG International | 1,538 | ||||||||
677,857 | Egypt Kuwait Holding Co | 352 | ||||||||
495,490 | * | Egyptian Financial Group-Hermes Holding | 556 | |||||||
392,473 | * | Element Financial Corp | 4,737 | |||||||
2,844,000 | Emperor Capital Group Ltd | 233 | ||||||||
67,302 | *,e | Encore Capital Group, Inc | 1,957 | |||||||
69,079 | * | Enova International, Inc | 457 | |||||||
65,632 | * | Eugene Investment & Securities Co Ltd | 148 | |||||||
32,384 | Eurazeo | 2,234 | ||||||||
1,264,210 | g | Euronext NV | 64,865 | |||||||
155,325 | Evercore Partners, Inc (Class A) | 8,398 | ||||||||
67,451 | Exor S.p.A. | 3,061 | ||||||||
130,218 | *,e | Ezcorp, Inc (Class A) | 650 | |||||||
148,952 | e | Factset Research Systems, Inc | 24,215 | |||||||
128,299 | *,g | Fairfax India Holdings Corp | 1,296 |
57 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
4,588,395 | Far East Horizon Ltd | $ | 4,251 | |||||||
205,904 | Federated Investors, Inc (Class B) | 5,899 | ||||||||
6,862 | e | Ferratum Oyj | 223 | |||||||
65,293 | Fiera Capital Corp | 535 | ||||||||
17,934 | e | Fifth Street Asset Management, Inc | 58 | |||||||
131,545 | e | Financial Engines, Inc | 4,429 | |||||||
231,400 | e | Financial Products Group Co Ltd | 1,806 | |||||||
71,479 | * | First Cash Financial Services, Inc | 2,675 | |||||||
3,092,785 | e | First Pacific Co | 2,049 | |||||||
6,451,996 | FirstRand Ltd | 17,633 | ||||||||
1,300,313 | e | FlexiGroup Ltd | 2,838 | |||||||
361,265 | g | Flow Traders | 17,824 | |||||||
203,759 | * | FNFV Group | 2,288 | |||||||
170,056 | Fondul Proprietatea S.A. (ADR) | 1,684 | ||||||||
436,492 | Franklin Resources, Inc | 16,072 | ||||||||
9,100,000 | * | Freeman Financial Corp Ltd | 558 | |||||||
12,386,380 | Fubon Financial Holding Co Ltd | 16,848 | ||||||||
30,915,441 | Fuhwa Financial Holdings Co Ltd | 11,340 | ||||||||
14,500 | e | Fuyo General Lease Co Ltd | 683 | |||||||
79,073 | Gain Capital Holdings, Inc | 641 | ||||||||
16,518 | GAMCO Investors, Inc (Class A) | 513 | ||||||||
2,527,463 | e | Gentera SAB de C.V. | 4,891 | |||||||
2,072,400 | *,e | GF Securities Co Ltd | 5,169 | |||||||
24,237 | Gimv NV | 1,221 | ||||||||
63,215 | Gluskin Sheff + Associates, Inc | 952 | ||||||||
784,295 | Goldman Sachs Group, Inc | 141,354 | ||||||||
920,000 | * | Good Resources Holdings Ltd | 171 | |||||||
353,175 | * | Green Dot Corp | 5,799 | |||||||
75,247 | Greenhill & Co, Inc | 2,153 | ||||||||
7,688 | GRENKELEASING AG. | 1,534 | ||||||||
105,401 | Groupe Bruxelles Lambert S.A. | 9,019 | ||||||||
478,920 | Grupo de Inversiones Suramericana S.A. | 5,386 | ||||||||
125,093 | Grupo de Inversiones Suramericana S.A. (Preference) | 1,371 | ||||||||
211,400 | Grupo Financiero Interacciones S.A. de C.V. | 1,282 | ||||||||
245,850 | GT Capital Holdings, Inc | 6,888 | ||||||||
796,497 | * | Gulf General Investment Co | 141 | |||||||
8,994,800 | e | Guotai Junan International Hol | 3,126 | |||||||
1,110,632 | Haci Omer Sabanci Holding AS | 3,148 | ||||||||
4,888,412 | Haitong Securities Co Ltd | 8,573 | ||||||||
22,985 | Hankook Tire Worldwide Co Ltd | 341 | ||||||||
48,429 | Hanwha Securities Co | 159 | ||||||||
253,862 | Hargreaves Lansdown plc | 5,636 | ||||||||
205,374 | Hellenic Exchanges S.A. | 1,179 | ||||||||
7,385,162 | Henderson Group plc | 33,566 | ||||||||
245,269 | HFF, Inc (Class A) | 7,621 | ||||||||
266,400 | Hitachi Capital Corp | 7,158 | ||||||||
15,702 | HMC Investment Securities Co Ltd | 132 | ||||||||
58,138 | * | Hoist Finance AB | 606 | |||||||
1,050,990 | Hong Kong Exchanges and Clearing Ltd | 26,774 | ||||||||
27,819 | Houlihan Lokey, Inc | 729 | ||||||||
1,892,400 | *,g | Huatai Securities Co Ltd | 4,375 | |||||||
278,745 | Hyundai Securities Co | 1,520 |
58 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
29,500 | IBJ Leasing Co Ltd | $ | 601 | |||||||
188,816 | ICAP plc | 1,417 | ||||||||
152,300 | e | Ichigo Holdings Co Ltd | 474 | |||||||
31,100 | Ichiyoshi Securities Co Ltd | 285 | ||||||||
1,687,772 | IFCI Ltd | 700 | ||||||||
426,394 | IG Group Holdings plc | 5,041 | ||||||||
188,483 | e | IGM Financial, Inc | 4,814 | |||||||
228,926 | * | India Infoline Ltd | 735 | |||||||
409,077 | Indiabulls Housing Finance Ltd | 4,537 | ||||||||
18,736 | Indiabulls Securities Ltd | 7 | ||||||||
275,032 | Industrivarden AB | 4,705 | ||||||||
188,892 | Infrastructure Development Finance Co Ltd | 137 | ||||||||
12,143,232 | ING Groep NV | 164,298 | ||||||||
753,824 | ING Groep NV (ADR) | 10,146 | ||||||||
148,032 | Interactive Brokers Group, Inc (Class A) | 6,454 | ||||||||
179,983 | *,m | Interbolsa S.A. | 0 | ^ | ||||||
495,006 | IntercontinentalExchange Group, Inc | 126,850 | ||||||||
269,687 | Intermediate Capital Group plc | 2,486 | ||||||||
453,239 | International Personal Finance plc | 1,924 | ||||||||
43,164 | * | INTL FCStone, Inc | 1,444 | |||||||
61,488 | Inversiones La Construccion S.A. | 630 | ||||||||
381,430 | Invesco Ltd | 12,770 | ||||||||
268,197 | Investec Ltd | 1,895 | ||||||||
764,052 | Investec plc | 5,387 | ||||||||
183,749 | Investment Technology Group, Inc | 3,127 | ||||||||
687,605 | Investor AB (B Shares) | 25,270 | ||||||||
252,850 | e | IOOF Holdings Ltd | 1,741 | |||||||
95,263 | e | iShares Dow Jones US Real Estate Index Fund | 7,155 | |||||||
80,057 | e | iShares MSCI Canada Index Fund | 1,721 | |||||||
440,161 | e | iShares MSCI EAFE Index Fund | 25,859 | |||||||
228,768 | e | iShares MSCI Emerging Markets | 7,364 | |||||||
17,400 | Iwai Securities Co Ltd | 201 | ||||||||
185,600 | e | J Trust Co Ltd | 1,488 | |||||||
137,000 | Jaccs Co Ltd | 500 | ||||||||
133,017 | Jafco Co Ltd | 5,185 | ||||||||
655,226 | Janus Capital Group, Inc | 9,232 | ||||||||
1,436,300 | Japan Securities Finance Co Ltd | 7,322 | ||||||||
1,774,658 | Jih Sun Financial Holdings Co Ltd | 384 | ||||||||
205,581 | JM Financial Ltd | 146 | ||||||||
225,771 | JSE Ltd | 1,864 | ||||||||
249,577 | Julius Baer Group Ltd | 12,074 | ||||||||
142,045 | Julius Baer Holding AG. | 2,351 | ||||||||
1,188,268 | Jupiter Investment Management Group Ltd | 7,897 | ||||||||
214,800 | k1 Ventures Ltd | 140 | ||||||||
3,405,500 | kabu.com Securities Co Ltd | 10,631 | ||||||||
72,017 | KBC Ancora | 3,040 | ||||||||
81,280 | * | KCG Holdings, Inc | 1,001 | |||||||
494,210 | Kinnevik Investment AB (Series B) | 15,222 | ||||||||
10,754 | KIWOOM Securities Co Ltd | 562 | ||||||||
95,756 | Korea Investment Holdings Co Ltd | 4,001 | ||||||||
31,265 | KRUK S.A. | 1,387 | ||||||||
481,600 | Krungthai Card PCL | 1,299 |
59 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
16,166 | Kyobo Securities Co | $ | 128 | |||||||
17,300 | e | Kyokuto Securities Co Ltd | 218 | |||||||
842,163 | L&T Finance Holdings Ltd | 828 | ||||||||
259,558 | *,e | Ladenburg Thalmann Financial Services, Inc | 716 | |||||||
882,521 | Lazard Ltd (Class A) | 39,722 | ||||||||
578,310 | Legg Mason, Inc | 22,687 | ||||||||
234,777 | *,e | LendingClub Corp | 2,594 | |||||||
575,999 | Leucadia National Corp | 10,017 | ||||||||
347,830 | London Stock Exchange Group plc | 14,073 | ||||||||
205,560 | e | LPL Financial Holdings, Inc | 8,767 | |||||||
94,608 | Lundbergs AB (B Shares) | 5,212 | ||||||||
282,555 | Macquarie Group Ltd | 16,903 | ||||||||
437,503 | Magellan Financial Group Ltd | 8,599 | ||||||||
357,097 | Mahindra & Mahindra Financial Services Ltd | 1,301 | ||||||||
21,912,413 | Man Group plc | 56,370 | ||||||||
536,948 | Manappuram General Finance & Leasing Ltd | 238 | ||||||||
150,841 | MarketAxess Holdings, Inc | 16,832 | ||||||||
39,827 | Marlin Business Services Corp | 640 | ||||||||
49,700 | Marusan Securities Co Ltd | 521 | ||||||||
11,460,000 | * | Mason Financial Holdings Ltd | 564 | |||||||
957,547 | Masterlink Securities Corp | 272 | ||||||||
555,300 | Matsui Securities Co Ltd | 5,087 | ||||||||
777,074 | McGraw-Hill Financial, Inc | 76,604 | ||||||||
7,102,846 | Mediobanca S.p.A. | 68,088 | ||||||||
15,573 | e | Medley Management, Inc | 89 | |||||||
33,500 | Meritz finance Holdings Co Ltd | 371 | ||||||||
987,435 | Meritz Securities Co Ltd | 3,314 | ||||||||
34,249,704 | Metro Pacific Investments Corp | 3,778 | ||||||||
69,009 | Mirae Asset Securities Co Ltd | 1,256 | ||||||||
47,500 | Mito Securities Co Ltd | 161 | ||||||||
652,554 | Mitsubishi UFJ Lease & Finance Co Ltd | 3,358 | ||||||||
128,156 | MLP AG. | 511 | ||||||||
167,222 | Moelis & Co | 4,880 | ||||||||
2,716,600 | Monex Beans Holdings, Inc | 7,059 | ||||||||
750,271 | Moody’s Corp | 75,282 | ||||||||
9,689,955 | Morgan Stanley | 308,237 | ||||||||
85,344 | Morningstar, Inc | 6,863 | ||||||||
30,163 | Motilal Oswal Financial Services Ltd | 152 | ||||||||
223,400 | MSCI, Inc (Class A) | 16,114 | ||||||||
618,900 | Muangthai Leasing PCL | 364 | ||||||||
177,595 | * | Muthoot Finance Ltd | 482 | |||||||
238,760 | NASDAQ OMX Group, Inc | 13,889 | ||||||||
668,315 | Navient Corp | 7,652 | ||||||||
162,722 | Nelnet, Inc (Class A) | 5,463 | ||||||||
85,983 | * | NewStar Financial, Inc | 772 | |||||||
17,036 | NICE Holdings Co Ltd | 314 | ||||||||
36,345 | NICE Information Service Co Ltd | 315 | ||||||||
13,300 | *,e | Noah Holdings Ltd (ADR) | 371 | |||||||
8,104,239 | Nomura Holdings, Inc | 45,141 | ||||||||
237,411 | Nordnet AB (Series B) | 1,148 | ||||||||
169,823 | Northern Trust Corp | 12,243 | ||||||||
607,082 | NorthStar Asset Management Group, Inc | 7,370 |
60 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
3,367,866 | NZX Ltd | $ | 2,460 | |||||||
160,000 | Okasan Holdings, Inc | 911 | ||||||||
67,771 | OM Asset Management plc | 1,039 | ||||||||
31,251 | *,e | On Deck Capital, Inc | 322 | |||||||
139,388 | * | OneMain Holdings, Inc | 5,790 | |||||||
87,547 | Onex Corp | 5,367 | ||||||||
27,973 | Oppenheimer Holdings, Inc | 486 | ||||||||
20,621 | Oresund Investment AB | 541 | ||||||||
423,900 | * | Orient Corp | 889 | |||||||
2,925,370 | ORIX Corp | 41,038 | ||||||||
601,300 | Osaka Securities Exchange Co Ltd | 9,399 | ||||||||
550,975 | OSK Holdings BHD | 209 | ||||||||
225,551 | e | OzForex Group Ltd | 536 | |||||||
48,325 | * | P2P Global Investments plc | 697 | |||||||
13,635 | Pargesa Holding S.A. | 861 | ||||||||
12,935 | Partners Group | 4,652 | ||||||||
540,677 | Peregrine Holdings Ltd | 1,024 | ||||||||
517,000 | *,m | Peregrine Investment Holdings | 0 | |||||||
104,508 | Perpetual Trustees Australia Ltd | 3,518 | ||||||||
82,264 | Philippine Stock Exchange, Inc | 481 | ||||||||
61,251 | * | Pico Holdings, Inc | 632 | |||||||
264,687 | * | Pioneers Holding | 254 | |||||||
37,490 | * | Piper Jaffray Cos | 1,515 | |||||||
7,261 | *,e | PJT Partners, Inc | 205 | |||||||
960,424 | Platinum Asset Mangement Ltd | 5,612 | ||||||||
161,399 | Plus500 Ltd | 1,024 | ||||||||
675,656 | Power Finance Corp Ltd | 2,045 | ||||||||
39,000 | e | PowerShares QQQ Trust Series | 4,363 | |||||||
121,477 | *,e | PRA Group, Inc | 4,214 | |||||||
6,960,000 | Premium Leisure Corp | 94 | ||||||||
1,067,509 | President Securities Corp | 431 | ||||||||
138,176 | Provident Financial plc | 6,851 | ||||||||
78,056 | PSG Group Ltd | 1,128 | ||||||||
128,527 | * | PTC India Financial Services Ltd | 78 | |||||||
41,536 | Pzena Investment Management, Inc (Class A) | 357 | ||||||||
11,203 | * | Qatar Industrial Manufacturing Co | 123 | |||||||
694,997 | Ratos AB (B Shares) | 4,009 | ||||||||
246,101 | Raymond James Financial, Inc | 14,266 | ||||||||
86,543 | * | Regional Management Corp | 1,339 | |||||||
394,598 | * | Reliance Capital Ltd | 2,600 | |||||||
604,785 | Remgro Ltd | 9,573 | ||||||||
51,684 | Repco Home Finance Ltd | 536 | ||||||||
54,197 | e | Resource America, Inc (Class A) | 332 | |||||||
36,586 | * | RHJ International | 227 | |||||||
30,700 | Ricoh Leasing Co Ltd | 954 | ||||||||
1,160,224 | RMB Holdings Ltd | 4,160 | ||||||||
758,300 | *,e | Rowsley Ltd | 97 | |||||||
604,597 | Rural Electrification Corp Ltd | 2,061 | ||||||||
57,887 | *,e | Safeguard Scientifics, Inc | 840 | |||||||
69,230 | * | Salam International Investment Co | 224 | |||||||
162,394 | Samsung Card Co | 4,251 | ||||||||
73,897 | Samsung Securities Co Ltd | 2,594 |
61 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
220,730 | * | Santander Consumer USA Holdings, Inc | $ | 3,499 | ||||||
291,200 | e | Sawada Holdings Co Ltd | 2,769 | |||||||
59,244 | SBI Holdings, Inc | 639 | ||||||||
85,939 | Schroders plc | 3,764 | ||||||||
442,282 | SEI Investments Co | 23,176 | ||||||||
5 | *,m | SFCG Co Ltd | 0 | |||||||
1,400,000 | e | Shenyin Wanguo HK Ltd | 693 | |||||||
10,306 | Shinyoung Securities Co Ltd | 445 | ||||||||
751,888 | Shriram Transport Finance Co Ltd | 9,721 | ||||||||
1,142,256 | e | Singapore Exchange Ltd | 6,178 | |||||||
11,065 | * | Sixt Leasing AG. | 226 | |||||||
262,511 | * | SK Securities Co Ltd | 252 | |||||||
93,119 | * | SKS Microfinance Pvt Ltd | 700 | |||||||
1,172,944 | * | SLM Corp | 7,648 | |||||||
768,475 | *,e,m | SNS Reaal | 8 | |||||||
7,878 | Societe Fonciere Financiere et de Participations FFP | 581 | ||||||||
81,900 | e | Sparx Group Co Ltd | 194 | |||||||
4,500 | SPDR Trust Series 1 | 918 | ||||||||
136,582 | e | Sprott, Inc | 235 | |||||||
173,273 | SREI Infrastructure Finance Ltd | 145 | ||||||||
419,962 | Srisawad Power 1979 PCL | 553 | ||||||||
811,333 | State Street Corp | 53,840 | ||||||||
170,373 | * | Stifel Financial Corp | 7,217 | |||||||
6,649,000 | Sun Hung Kai & Co Ltd | 4,353 | ||||||||
41,550 | Sundaram Finance Ltd | 861 | ||||||||
151,210 | * | SVG Capital plc | 1,096 | |||||||
7,695 | Swissquote Group Holding S.A. | 194 | ||||||||
14,658,895 | * | Synchrony Financial | 445,777 | |||||||
301,234 | T Rowe Price Group, Inc | 21,535 | ||||||||
6,362,335 | e | Tai Fook Securities Group Ltd | 3,879 | |||||||
409,000 | Taiwan Acceptance Corp | 914 | ||||||||
170,000 | e | Takagi Securities Co Ltd | 261 | |||||||
66,883 | Tamburi Investment Partners S.p.A. | 246 | ||||||||
14,411 | * | Tata Investment Corp Ltd | 118 | |||||||
264,621 | TD Ameritrade Holding Corp | 9,185 | ||||||||
88,511 | e | Tiptree Financial, Inc | 543 | |||||||
45,491 | TMX Group Ltd | 1,177 | ||||||||
298,080 | Tokai Tokyo Securities Co Ltd | 1,810 | ||||||||
96,220 | * | Tong Yang Investment Bank | 296 | |||||||
50,000 | Toyo Securities Co Ltd | 155 | ||||||||
257,928 | Transaction Capital Ltd | 207 | ||||||||
447,731 | e | Tricon Capital Group, Inc | 2,932 | |||||||
716,109 | Tullett Prebon plc | 3,917 | ||||||||
7,497,143 | UBS AG. | 145,441 | ||||||||
1,603,454 | *,e | Unifin Financiera SAPI de C.V. SOFOM ENR | 4,955 | |||||||
1,034,873 | e | UOB-Kay Hian Holdings Ltd | 1,028 | |||||||
170,048 | *,e | Uranium Participation Corp | 630 | |||||||
2,595,000 | e | Value Partners Group Ltd | 3,016 | |||||||
48,457 | Virtu Financial, Inc | 1,097 | ||||||||
17,635 | e | Virtus Investment Partners, Inc | 2,071 | |||||||
83,719 | Vontobel Holding AG. | 3,961 | ||||||||
133,920 | *,e | Vostok New Ventures Ltd (SDR) | 865 |
62 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,300,669 | Voya Financial, Inc | $ | 48,008 | |||||||
411,571 | Waddell & Reed Financial, Inc (Class A) | 11,796 | ||||||||
59,852 | Warsaw Stock Exchange | 549 | ||||||||
3,195,475 | Waterland Financial Holdings | 745 | ||||||||
28,700 | Wendel | 3,413 | ||||||||
18,498 | Westwood Holdings Group, Inc | 964 | ||||||||
491,939 | e | WisdomTree Investments, Inc | 7,714 | |||||||
10,694 | Woori Financial Co Ltd | 210 | ||||||||
167,549 | Woori Investment & Securities Co Ltd | 1,418 | ||||||||
17,831 | *,e | World Acceptance Corp | 662 | |||||||
10,153 | *,e | ZAIS Group Holdings, Inc | 94 | |||||||
1,476,457 | Zeder Investments Ltd | 576 | ||||||||
61,900 | Zenkoku Hosho Co Ltd | 2,045 | ||||||||
TOTAL DIVERSIFIED FINANCIALS | 4,091,373 | |||||||||
ENERGY - 5.6% | ||||||||||
251,835 | *,e | Abraxas Petroleum Corp | 267 | |||||||
10,155 | Adams Resources & Energy, Inc | 390 | ||||||||
52,082,315 | Adaro Energy Tbk | 1,925 | ||||||||
148,263 | * | Advantage Oil & Gas Ltd | 753 | |||||||
130,877 | *,e | Akastor ASA | 177 | |||||||
579,447 | Aker Solutions ASA | 1,973 | ||||||||
79,560 | e | Alon USA Energy, Inc | 1,181 | |||||||
169,872 | e | AltaGas Income Trust | 3,793 | |||||||
460,652 | AMEC plc | 2,908 | ||||||||
695,572 | *,e | Amerisur Resources plc | 251 | |||||||
1,922,686 | Anadarko Petroleum Corp | 93,404 | ||||||||
71,483 | *,e | Antero Resources Corp | 1,558 | |||||||
1,270,000 | *,e | Anton Oilfield Services Group | 122 | |||||||
2,720,283 | Apache Corp | 120,971 | ||||||||
1,416,162 | e | ARC Resources Ltd | 17,092 | |||||||
225,340 | Archrock, Inc | 1,695 | ||||||||
172,138 | Ardmore Shipping Corp | 2,190 | ||||||||
316,501 | *,e | Athabasca Oil Corp | 352 | |||||||
157,722 | e | Atwood Oceanics, Inc | 1,613 | |||||||
457,807 | *,e | Australian Worldwide Exploration Ltd | 166 | |||||||
131,638 | e,g | Avance Gas Holding Ltd | 1,686 | |||||||
1,945,725 | Baker Hughes, Inc | 89,795 | ||||||||
1,423,700 | Bangchak Petroleum PCL-Foreign | 999 | ||||||||
227,058 | * | Bankers Petroleum Ltd | 167 | |||||||
1,826,400 | Banpu PCL (Foreign) | 808 | ||||||||
116,766 | *,e | Basic Energy Services, Inc | 313 | |||||||
205,704 | e | Baytex Energy Trust | 666 | |||||||
3,200,769 | e | Beach Petroleum Ltd | 1,139 | |||||||
150,045 | *,e | Bellatrix Exploration Ltd | 178 | |||||||
3,017,745 | BG Group plc | 43,745 | ||||||||
673,867 | Bharat Petroleum Corp Ltd | 9,051 | ||||||||
223,533 | *,e | Bill Barrett Corp | 878 | |||||||
92,593 | * | Birchcliff Energy Ltd | 270 | |||||||
126,409 | *,e | Bonanza Creek Energy, Inc | 666 | |||||||
169,852 | e | Bonavista Energy Trust | 223 | |||||||
25,907 | Bonterra Oil & Gas Ltd | 322 |
63 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
21,766 | e | Bourbon S.A. | $ | 353 | ||||||
534,660 | e | Boustead Singapore Ltd | 315 | |||||||
23,301,292 | BP plc | 121,089 | ||||||||
626,090 | BP plc (ADR) | 19,572 | ||||||||
8,113,000 | e | Brightoil Petroleum Holdings Ltd | 2,705 | |||||||
136,851 | e | Bristow Group, Inc | 3,544 | |||||||
3,174,374 | Bumi Armada BHD | 752 | ||||||||
432,952 | e,g | BW LPG Ltd | 3,549 | |||||||
268,906 | e | BW Offshore Ltd | 78 | |||||||
1,163,321 | *,e | C&J Energy Services Ltd | 5,537 | |||||||
575,558 | Cabot Oil & Gas Corp | 10,182 | ||||||||
500,556 | * | Cairn Energy plc | 1,158 | |||||||
1,074,884 | Cairn India Ltd | 2,235 | ||||||||
1,409,367 | California Resources Corp | 3,284 | ||||||||
1,287,566 | * | Callon Petroleum Co | 10,738 | |||||||
525,659 | Caltex Australia Ltd | 14,368 | ||||||||
429,666 | Cameco Corp (Toronto) | 5,301 | ||||||||
399,746 | * | Cameron International Corp | 25,264 | |||||||
428,883 | *,e | Canacol Energy Ltd | 859 | |||||||
633,522 | e | Canadian Energy Services & Technology Corp | 1,776 | |||||||
1,516,521 | Canadian Natural Resources Ltd (Canada) | 33,121 | ||||||||
409,456 | Canadian Oil Sands Trust | 2,447 | ||||||||
190,591 | Canyon Services Group, Inc | 561 | ||||||||
200,945 | Capital Product Partners LP | 1,109 | ||||||||
50,778 | e | CARBO Ceramics, Inc | 873 | |||||||
255,468 | e | Cardinal Energy Ltd | 1,619 | |||||||
226,902 | * | Carrizo Oil & Gas, Inc | 6,712 | |||||||
469,000 | Cenovus Energy, Inc | 5,919 | ||||||||
1,869,573 | e | Cenovus Energy, Inc (Toronto) | 23,645 | |||||||
430,668 | * | Cheniere Energy, Inc | 16,042 | |||||||
682,545 | e | Chesapeake Energy Corp | 3,071 | |||||||
5,320,136 | Chevron Corp | 478,600 | ||||||||
5,448,906 | e | China Coal Energy Co | 2,081 | |||||||
4,621,826 | e | China Oilfield Services Ltd | 3,972 | |||||||
8,401,787 | e | China Shenhua Energy Co Ltd | 13,119 | |||||||
1,802,000 | e | China Suntien Green Energy Cor | 287 | |||||||
298,998 | Cimarex Energy Co | 26,724 | ||||||||
16,311 | *,e | Clayton Williams Energy, Inc | 482 | |||||||
187,176 | *,e | Clean Energy Fuels Corp | 674 | |||||||
182,346 | *,e | Cloud Peak Energy, Inc | 379 | |||||||
36,662,878 | CNOOC Ltd | 38,158 | ||||||||
1,476,499 | Coal India Ltd | 7,325 | ||||||||
567,010 | * | Cobalt International Energy, Inc | 3,062 | |||||||
358,788 | Columbia Pipeline Group, Inc | 7,176 | ||||||||
704,290 | *,e | Compagnie Generale de Geophysique S.A. | 2,054 | |||||||
2,057,032 | * | Concho Resources, Inc | 191,016 | |||||||
2,058,528 | ConocoPhillips | 96,113 | ||||||||
353,736 | e | Consol Energy, Inc | 2,795 | |||||||
179,589 | * | Contango Oil & Gas Co | 1,151 | |||||||
1,820,224 | *,e | Continental Resources, Inc | 41,829 | |||||||
11,931 | e | Core Laboratories NV | 1,297 | |||||||
276,428 | Cosan SA Industria e Comercio | 1,751 |
64 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
47,800 | * | Cosmo Energy Holdings Co Ltd | $ | 642 | ||||||
296,327 | e | Crescent Point Energy Corp | 3,452 | |||||||
122,483 | *,e | Crew Energy, Inc | 358 | |||||||
152,926 | e | CVR Energy, Inc | 6,018 | |||||||
10,015,719 | * | Dana Gas PJSC | 1,379 | |||||||
351,350 | Dayang Enterprise Holdings BHD | 115 | ||||||||
5,878 | Delek Group Ltd | 1,177 | ||||||||
212,764 | Delek US Holdings, Inc | 5,234 | ||||||||
835,726 | e | Denbury Resources, Inc | 1,688 | |||||||
421,121 | *,e | Denison Mines Corp | 213 | |||||||
616,262 | *,e | Det Norske Oljeselskap ASA | 3,824 | |||||||
843,456 | Devon Energy Corp | 26,991 | ||||||||
609,562 | DHT Holdings, Inc | 4,931 | ||||||||
74,211 | e | Diamond Offshore Drilling, Inc | 1,566 | |||||||
1,656,159 | * | Diamondback Energy, Inc | 110,797 | |||||||
564,768 | *,e | DNO International ASA | 381 | |||||||
66,810 | *,e | Dorian LPG Ltd | 786 | |||||||
86,684 | * | Dril-Quip, Inc | 5,134 | |||||||
865 | *,e | Earthstone Energy, Inc | 11 | |||||||
127,588 | *,e | Eclipse Resources Corp | 232 | |||||||
13,263,307 | Ecopetrol S.A. | 4,638 | ||||||||
672,498 | Empresas COPEC S.A. | 5,774 | ||||||||
140,696 | e | Enbridge Income Fund | 2,850 | |||||||
865,955 | Enbridge, Inc | 28,788 | ||||||||
1,260,927 | EnCana Corp | 6,406 | ||||||||
284,311 | Enerflex Ltd | 2,731 | ||||||||
757,025 | e | Energen Corp | 31,030 | |||||||
1,140,800 | Energy Absolute PCL (Foreign) | 710 | ||||||||
1,168,600 | Energy Earth PCL | 161 | ||||||||
118,273 | *,e | Energy Fuels, Inc | 349 | |||||||
1,053,134 | *,e | Energy Resources of Australia Ltd | 276 | |||||||
180,769 | e | Enerplus Resources Fund | 621 | |||||||
1,853,496 | ENI S.p.A. | 27,540 | ||||||||
1,889,874 | * | Enquest plc (London) | 531 | |||||||
733,538 | e | Ensco plc | 11,289 | |||||||
254,762 | Ensign Energy Services, Inc | 1,359 | ||||||||
3,424,269 | EOG Resources, Inc | 242,404 | ||||||||
217,332 | *,e | EP Energy Corp | 952 | |||||||
369,827 | EQT Corp | 19,279 | ||||||||
54,517 | * | Era Group, Inc | 608 | |||||||
45,693 | ERG S.p.A. | 618 | ||||||||
23,386 | *,e | Erin Energy Corp | 75 | |||||||
2,233 | * | Esso SA Francaise | 120 | |||||||
968,500 | * | Esso Thailand PCL (Foreign) | 134 | |||||||
112,034 | *,e | Etablissements Maurel et Prom | 363 | |||||||
455,344 | Euronav NV | 6,269 | ||||||||
66,214 | e | Evolution Petroleum Corp | 318 | |||||||
29,366 | e | Exmar NV | 317 | |||||||
87,028 | * | Exterran Corp | 1,397 | |||||||
325,864 | e | Exxaro Resources Ltd | 926 | |||||||
11,423,461 | d | Exxon Mobil Corp | 890,459 | |||||||
1,230,960 | e | Ezion Holdings Ltd | 527 |
65 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,791,783 | *,e | Ezra Holdings Ltd | $ | 125 | ||||||
171,242 | *,e | Fairmount Santrol Holdings, Inc | 402 | |||||||
186,411 | *,e | Faroe Petroleum plc | 149 | |||||||
570,037 | * | FMC Technologies, Inc | 16,537 | |||||||
2,683,306 | Formosa Petrochemical Corp | 6,418 | ||||||||
152,841 | *,e | Forum Energy Technologies, Inc | 1,904 | |||||||
523,080 | e | Frank’s International NV | 8,730 | |||||||
28,960 | *,e | Fred Olsen Energy ASA | 113 | |||||||
238,609 | e | Freehold Royalty Trust | 1,873 | |||||||
632,749 | e | Frontline Ltd | 1,892 | |||||||
103,373 | Frontline Ltd (Norway) | 296 | ||||||||
59,144 | *,e | Fugro NV | 970 | |||||||
446,114 | Galp Energia SGPS S.A. | 5,206 | ||||||||
136,178 | e | GasLog Ltd | 1,130 | |||||||
245,059 | *,e | Gastar Exploration, Inc | 321 | |||||||
9,747,306 | Gazprom OAO (ADR) | 36,243 | ||||||||
87,725 | Gazpromneft OAO (ADR) | 942 | ||||||||
30,162 | Gaztransport Et Technigaz S.A. | 1,275 | ||||||||
40,366 | *,e | Gener8 Maritime, Inc | 381 | |||||||
10,205,000 | *,e | Genesis Energy Holdings Ltd | 275 | |||||||
36,017 | *,e | Geospace Technologies Corp | 507 | |||||||
226,175 | e | Gibson Energy, Inc | 2,259 | |||||||
148,186 | e | Golar LNG Ltd | 2,340 | |||||||
60,000 | * | Gran Tierra Energy, Inc | 130 | |||||||
124,452 | Great Eastern Shipping Co Ltd | 692 | ||||||||
96,129 | Green Plains Renewable Energy, Inc | 2,201 | ||||||||
308,149 | * | Grupa Lotos S.A. | 2,120 | |||||||
123,852 | GS Holdings Corp | 5,307 | ||||||||
131,044 | * | Gujarat Mineral Development Corp Ltd | 167 | |||||||
6,300 | Gulf Island Fabrication, Inc | 66 | ||||||||
100,942 | *,e | Gulfmark Offshore, Inc | 471 | |||||||
160,222 | * | Gulfport Energy Corp | 3,937 | |||||||
254,021 | *,e | Halcon Resources Corp | 320 | |||||||
53,717 | e | Hallador Petroleum Co | 245 | |||||||
2,101,962 | Halliburton Co | 71,551 | ||||||||
607 | Hankook Shell Oil Co Ltd | 244 | ||||||||
262,409 | * | Helix Energy Solutions Group, Inc | 1,380 | |||||||
329,881 | e | Helmerich & Payne, Inc | 17,665 | |||||||
820,343 | Hess Corp | 39,770 | ||||||||
40,381 | e | Hoegh LNG Holdings Ltd | 429 | |||||||
689,248 | HollyFrontier Corp | 27,494 | ||||||||
2,107,000 | *,e | Honghua Group Ltd | 130 | |||||||
81,709 | *,e | Hornbeck Offshore Services, Inc | 812 | |||||||
109,878 | Hunting plc | 495 | ||||||||
520,897 | Husky Energy, Inc | 5,387 | ||||||||
107,594 | Idemitsu Kosan Co Ltd | 1,718 | ||||||||
486,912 | Imperial Oil Ltd | 15,863 | ||||||||
41,594 | *,e | Independence Contract Drilling, Inc | 210 | |||||||
1,051,200 | Inner Mongolia Yitai Coal Co | 954 | ||||||||
1,439,502 | Inpex Holdings, Inc | 14,034 | ||||||||
961,311 | e | Inter Pipeline Ltd | 15,430 |
66 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
756,168 | *,e | ION Geophysical Corp | $ | 380 | ||||||
18,932,307 | IRPC PCL (Foreign) | 2,245 | ||||||||
2,440 | *,e | Isramco, Inc | 218 | |||||||
42,953 | Itochu Enex Co Ltd | 329 | ||||||||
4,700 | e | Japan Drilling Co Ltd | 103 | |||||||
76,200 | Japan Petroleum Exploration Co | 2,047 | ||||||||
1,227,338 | John Wood Group plc | 11,054 | ||||||||
71,789 | *,e | Jones Energy, Inc (Class A) | 276 | |||||||
2,721,348 | JX Holdings, Inc | 11,422 | ||||||||
182,220 | *,e | Karoon Gas Australia Ltd | 233 | |||||||
124,466 | *,e | Kelt Exploration Ltd | 381 | |||||||
267 | *,e | Key Energy Services, Inc | 0 | ^ | ||||||
457,889 | e | Keyera Corp | 13,323 | |||||||
3,866,377 | Kinder Morgan, Inc | 57,686 | ||||||||
1,778,024 | * | KNM Group BHD | 210 | |||||||
62,441 | Koninklijke Vopak NV | 2,689 | ||||||||
233,718 | * | Kosmos Energy LLC | 1,215 | |||||||
323,520 | *,e | KrisEnergy Ltd | 38 | |||||||
588,015 | *,e | Laredo Petroleum Holdings, Inc | 4,698 | |||||||
416,646 | *,e | Liquefied Natural Gas Ltd | 240 | |||||||
11,677 | Lubelski Wegiel Bogdanka S.A. | 99 | ||||||||
1,032,433 | LUKOIL PJSC (ADR) | 33,421 | ||||||||
295,443 | *,e | Lundin Petroleum AB | 4,263 | |||||||
982,596 | Marathon Oil Corp | 12,371 | ||||||||
1,525,624 | Marathon Petroleum Corp | 79,088 | ||||||||
1,771,947 | *,e | Matador Resources Co | 35,031 | |||||||
152,341 | * | Matrix Service Co | 3,129 | |||||||
888,346 | *,e | McDermott International, Inc | 2,976 | |||||||
812,277 | * | MEG Energy Corp | 4,708 | |||||||
115,747 | *,e | Memorial Resource Development Corp | 1,869 | |||||||
1,320,000 | * | MIE Holdings Corp | 178 | |||||||
115,300 | e | Modec, Inc | 1,604 | |||||||
62,999 | MOL Hungarian Oil and Gas plc | 3,073 | ||||||||
196,309 | Motor Oil Hellas Corinth Refineries S.A. | 2,117 | ||||||||
90,475 | e | Mullen Group Ltd | 916 | |||||||
342,441 | e | Murphy Oil Corp | 7,688 | |||||||
4,420,731 | Nabors Industries Ltd | 37,620 | ||||||||
29,581 | * | Naphtha Israel Petroleum Corp Ltd | 145 | |||||||
524,384 | e | National Oilwell Varco, Inc | 17,562 | |||||||
32,556 | * | Natural Gas Services Group, Inc | 726 | |||||||
397,998 | e | Navios Maritime Acq Corp | 1,198 | |||||||
243,132 | Neste Oil Oyj | 7,256 | ||||||||
1,810,000 | e | New Zealand Oil & Gas Ltd | 525 | |||||||
401,277 | New Zealand Refining Co Ltd | 1,029 | ||||||||
48,892 | Newalta, Inc | 123 | ||||||||
524,475 | *,e | Newfield Exploration Co | 17,077 | |||||||
16,270,000 | e | Newocean Energy Holdings Ltd | 6,338 | |||||||
215,909 | *,e | Newpark Resources, Inc | 1,140 | |||||||
553,000 | Nippon Coke & Engineering Co Ltd | 461 | ||||||||
23,200 | Nippon Gas Co Ltd | 568 | ||||||||
989,759 | e | Noble Corp plc | 10,442 | |||||||
583,997 | e | Noble Energy, Inc | 19,231 |
67 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
75,051 | e | Nordic American Offshore Ltd | $ | 396 | ||||||
225,869 | e | Nordic American Tanker Shipping | 3,510 | |||||||
18,417 | *,e | North Atlantic Drilling Ltd | 45 | |||||||
33,496 | Northern Blizzard Resources, Inc | 96 | ||||||||
171,500 | *,e | Northern Oil And Gas, Inc | 662 | |||||||
223,449 | NovaTek OAO (GDR) | 18,404 | ||||||||
133,112 | * | NuVista Energy Ltd | 392 | |||||||
468,426 | *,e | Oasis Petroleum, Inc | 3,452 | |||||||
3,541,703 | Occidental Petroleum Corp | 239,455 | ||||||||
152,226 | Ocean Yield ASA | 1,175 | ||||||||
441,257 | Oceaneering International, Inc | 16,556 | ||||||||
1,104,602 | * | Oil Refineries Ltd | 437 | |||||||
2,236,188 | Oil Search Ltd | 10,884 | ||||||||
187,714 | * | Oil States International, Inc | 5,115 | |||||||
129,183 | OMV AG. | 3,667 | ||||||||
387,323 | Oneok, Inc | 9,551 | ||||||||
626,444 | * | Ophir Energy plc | 904 | |||||||
712,009 | Origin Energy Ltd | 2,409 | ||||||||
316,100 | Pacc Offshore Services Holdings Ltd | 67 | ||||||||
79,818 | *,e | Pacific Ethanol, Inc | 382 | |||||||
1,332,641 | *,e | Pacific Exploration and Production Corp | 1,647 | |||||||
86,656 | * | Painted Pony Petroleum Ltd | 218 | |||||||
1,279,194 | *,e | Paladin Resources Ltd | 221 | |||||||
69,948 | e | Panhandle Oil and Gas, Inc (Class A) | 1,130 | |||||||
105,077 | * | Par Petroleum Corp | 2,473 | |||||||
55,636 | *,e | Paramount Resources Ltd (Class A) | 246 | |||||||
185,725 | * | Parex Resources, Inc | 1,364 | |||||||
731,232 | * | Parker Drilling Co | 1,331 | |||||||
215,371 | e | Parkland Fuel Corp | 3,625 | |||||||
1,942,934 | * | Parsley Energy, Inc | 35,847 | |||||||
166,919 | Pason Systems, Inc | 2,339 | ||||||||
1,450,480 | e | Patterson-UTI Energy, Inc | 21,873 | |||||||
12,164 | Paz Oil Co Ltd | 1,911 | ||||||||
218,988 | PBF Energy, Inc | 8,061 | ||||||||
128,580 | *,e | PDC Energy, Inc | 6,864 | |||||||
56 | e | Peabody Energy Corp | 0 | ^ | ||||||
560,003 | e | Pembina Pipeline Income Fund | 12,202 | |||||||
537,269 | Pengrowth Energy Trust | 396 | ||||||||
1,405,861 | e | Penn West Energy Trust | 1,189 | |||||||
140,129 | Petrofac Ltd | 1,644 | ||||||||
5,133,299 | * | Petroleo Brasileiro S.A. | 10,980 | |||||||
7,820,482 | * | Petroleo Brasileiro S.A. (Preference) | 13,090 | |||||||
942,691 | e | Petroleum Geo-Services ASA | 3,852 | |||||||
991,859 | Petronas Dagangan BHD | 5,743 | ||||||||
367,057 | e | Peyto Exploration & Development Corp | 6,597 | |||||||
37,814 | *,e | PHI, Inc | 621 | |||||||
1,102,690 | Phillips 66 | 90,200 | ||||||||
814,135 | *,e | Pioneer Energy Services Corp | 1,767 | |||||||
1,317,544 | Pioneer Natural Resources Co | 165,194 | ||||||||
5,069,873 | Polish Oil & Gas Co | 6,617 | ||||||||
610,348 | Polski Koncern Naftowy Orlen S.A. | 10,507 |
68 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
100,100 | *,m | Poseidon Concepts Corp | $ | 1 | ||||||
273,080 | e | PrairieSky Royalty Ltd | 4,326 | |||||||
559,000 | e | Precision Drilling Trust | 2,210 | |||||||
451,661 | * | Premier Oil plc | 323 | |||||||
204,944 | e | ProSafe ASA | 483 | |||||||
8,517,000 | * | PT Energi Mega Persada Tbk | 31 | |||||||
1,032,850 | * | PT Golden Eagle Energy Tbk | 13 | |||||||
1,496,200 | PT Indo Tambangraya Megah | 618 | ||||||||
17,253,300 | * | PT Sugih Energy Tbk | 588 | |||||||
757,200 | PT Tambang Batubara Bukit Asam Tbk | 246 | ||||||||
1,564,200 | PTT Exploration & Production PCL (ADR) | 2,480 | ||||||||
2,948,684 | PTT Exploration & Production PCL (Foreign) | 4,676 | ||||||||
1,715,619 | PTT PCL (Foreign) | 11,553 | ||||||||
429,502 | * | Qatar Gas Transport Co Ltd | 2,750 | |||||||
439,900 | QGEP Participacoes S.A. | 644 | ||||||||
366,313 | Questar Market Resources, Inc | 4,909 | ||||||||
186,691 | * | Raging River Exploration, Inc | 1,129 | |||||||
504,997 | e | Range Resources Corp | 12,428 | |||||||
3,101,846 | Reliance Industries Ltd | 47,494 | ||||||||
112,094 | * | Renewable Energy Group, Inc | 1,041 | |||||||
681,099 | Repsol YPF S.A. | 7,498 | ||||||||
15,855 | *,e | Rex Stores Corp | 857 | |||||||
102,718 | *,e | Rice Energy, Inc | 1,120 | |||||||
30,303 | *,e | RigNet, Inc | 627 | |||||||
60,527 | *,e | Ring Energy, Inc | 427 | |||||||
2,663,374 | Rosneft Oil Co (GDR) | 9,284 | ||||||||
876,239 | e | Rowan Cos plc | 14,852 | |||||||
6,844,449 | Royal Dutch Shell plc (A Shares) | 155,021 | ||||||||
3,776,297 | Royal Dutch Shell plc (B Shares) | 86,065 | ||||||||
1,256,807 | e | RPC, Inc | 15,019 | |||||||
4,218,179 | *,e | RSP Permian, Inc | 102,881 | |||||||
464,863 | *,e | Saipem S.p.A. | 3,757 | |||||||
161,000 | San-Ai Oil Co Ltd | 1,313 | ||||||||
142,389 | *,e | Sanchez Energy Corp | 614 | |||||||
1,260,225 | e | Santos Ltd | 3,357 | |||||||
4,405,318 | Sapurakencana Petroleum BHD | 2,067 | ||||||||
431,845 | * | Saras S.p.A. | 833 | |||||||
785,863 | Sasol Ltd | 21,217 | ||||||||
159,034 | *,e | SBM Offshore NV | 2,009 | |||||||
3,679,208 | Schlumberger Ltd | 256,625 | ||||||||
9,727 | e | Schoeller-Bleckmann Oilfield Equipment AG. | 534 | |||||||
790,947 | Scorpio Tankers, Inc | 6,343 | ||||||||
53,425 | *,e | SEACOR Holdings, Inc | 2,808 | |||||||
332,853 | *,e | Seadrill Ltd | 1,128 | |||||||
366,010 | *,e | Seadrill Ltd (Oslo Exchange) | 1,264 | |||||||
118,978 | e | Secure Energy Services, Inc | 719 | |||||||
109,248 | SemGroup Corp | 3,153 | ||||||||
50 | *,m | Serval Integrated Energy Services | 0 | |||||||
156,959 | * | Seven Generations Energy Ltd | 1,529 | |||||||
292,800 | * | Shandong Molong Petroleum Machinery Co Ltd | 118 | |||||||
411,742 | Shanxi Guoxin Energy Corp Ltd | 620 | ||||||||
104,828 | ShawCor Ltd | 2,127 |
69 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
32,200 | Shinko Plantech Co Ltd | $ | 264 | |||||||
143,427 | e | Ship Finance International Ltd | 2,377 | |||||||
260,758 | e | Showa Shell Sekiyu KK | 2,128 | |||||||
1,258,100 | Siamgas & Petrochemicals PCL (Foreign) | 360 | ||||||||
83,000 | Sinanen Co Ltd | 325 | ||||||||
886,000 | e | Sinopec Kantons Holdings Ltd | 523 | |||||||
117,898 | * | SK Energy Co Ltd | 12,930 | |||||||
14,957 | SK Gas Co Ltd | 929 | ||||||||
124,528 | e | SM Energy Co | 2,448 | |||||||
172,986 | Soco International plc | 374 | ||||||||
61,602 | S-Oil Corp | 4,126 | ||||||||
1,205,138 | *,e | Southwestern Energy Co | 8,569 | |||||||
218,039 | *,e | Spartan Energy Corp | 372 | |||||||
1,490,232 | Spectra Energy Corp | 35,676 | ||||||||
5,781,502 | Statoil ASA | 80,633 | ||||||||
514,679 | e | Stobart Group Ltd | 812 | |||||||
156,283 | *,e | Stone Energy Corp | 670 | |||||||
609,161 | *,e | Subsea 7 S.A. | 4,312 | |||||||
2,093,350 | Suncor Energy, Inc | 54,039 | ||||||||
1,733,595 | Superior Energy Services | 23,352 | ||||||||
267,352 | e | Surge Energy, Inc | 408 | |||||||
2,800,272 | Surgutneftegaz (ADR) | 12,988 | ||||||||
284,500 | Surgutneftegaz (ADR) (London) | 1,297 | ||||||||
285,636 | *,e | Synergy Resources Corp | 2,434 | |||||||
26,715 | * | Tanker Investments Ltd | 327 | |||||||
192,315 | e | Targa Resources Investments, Inc | 5,204 | |||||||
448,480 | Tatneft PAO (ADR) | 11,861 | ||||||||
261,600 | Technip S.A. | 13,009 | ||||||||
117,762 | e | Tecnicas Reunidas S.A. | 4,453 | |||||||
76,290 | e | Teekay Corp | 753 | |||||||
253,304 | Teekay Tankers Ltd (Class A) | 1,743 | ||||||||
412,090 | Tenaris S.A. | 4,880 | ||||||||
117,240 | e | Tesco Corp | 849 | |||||||
322,804 | Tesoro Corp | 34,014 | ||||||||
112,978 | Tethys Oil AB | 767 | ||||||||
417,967 | * | Tetra Technologies, Inc | 3,143 | |||||||
345,045 | e | TGS Nopec Geophysical Co ASA | 5,492 | |||||||
1,461,257 | Thai Oil PCL (Foreign) | 2,663 | ||||||||
119,303 | e | Tidewater, Inc | 830 | |||||||
107,832 | TMK OAO (GDR) | 344 | ||||||||
1,095,848 | TonenGeneral Sekiyu KK | 9,251 | ||||||||
112,377 | e | TORC Oil & Gas Ltd | 418 | |||||||
22,239 | * | Torm A.S. | 316 | |||||||
61,392 | Total Energy Services, Inc | 602 | ||||||||
4,394,577 | Total S.A. | 197,015 | ||||||||
334,163 | * | Tourmaline Oil Corp | 5,398 | |||||||
84,000 | Toyo Kanetsu K K | 182 | ||||||||
94,933 | *,e | TransAtlantic Petroleum Ltd | 132 | |||||||
1,937,796 | e | TransCanada Corp | 63,286 | |||||||
47,000 | TransGlobe Energy Corp | 85 | ||||||||
483,292 | e | Transocean Ltd | 6,041 | |||||||
72,747 | * | Trilogy Energy Corp | 192 |
70 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
192,887 | e | Trinidad Drilling Ltd | $ | 296 | ||||||
1,494,202 | * | Tullow Oil plc | 3,660 | |||||||
746,850 | * | Tupras Turkiye Petrol Rafine | 17,813 | |||||||
384,818 | *,e | Ultra Petroleum Corp | 962 | |||||||
493,193 | Ultrapar Participacoes S.A. | 7,495 | ||||||||
845,100 | UMW Oil & Gas Corp BHD | 210 | ||||||||
238,505 | *,e | Unit Corp | 2,910 | |||||||
302,681 | *,e | Uranium Energy Corp | 321 | |||||||
138,648 | e | US Silica Holdings Inc | 2,597 | |||||||
1,537,627 | Valero Energy Corp | 108,726 | ||||||||
637,298 | e | Veresen, Inc | 4,081 | |||||||
56,532 | e | Vermilion Energy, Inc | 1,537 | |||||||
8,740 | VTTI Energy Partners LP | 181 | ||||||||
206,980 | *,e | W&T Offshore, Inc | 478 | |||||||
1,857,840 | Wah Seong Corp BHD | 412 | ||||||||
3,395,574 | * | Weatherford International Ltd | 28,489 | |||||||
144,632 | Western Energy Services Corp | 406 | ||||||||
325,617 | e | Western Refining, Inc | 11,598 | |||||||
783,835 | e | Whitecap Resources, Inc | 5,138 | |||||||
2,343,940 | *,e | Whitehaven Coal Ltd | 1,183 | |||||||
279,426 | * | Whiting Petroleum Corp | 2,638 | |||||||
1,780,468 | Williams Cos, Inc | 45,758 | ||||||||
2,439,000 | *,e | Wison Engineering Services Co Ltd | 256 | |||||||
1,569,206 | Woodside Petroleum Ltd | 32,693 | ||||||||
155,149 | World Fuel Services Corp | 5,967 | ||||||||
207,421 | WorleyParsons Ltd | 696 | ||||||||
1,465,269 | * | WPX Energy, Inc | 8,411 | |||||||
4,860,000 | *,e | Yanchang Petroleum International Ltd | 93 | |||||||
3,700,861 | e | Yanzhou Coal Mining Co Ltd | 1,716 | |||||||
199,239 | YPF S.A. (ADR) (Class D) | 3,132 | ||||||||
1,848,000 | * | Yuan Heng Gas Holdings Ltd | 140 | |||||||
637,741 | e | Z Energy Ltd | 2,945 | |||||||
TOTAL ENERGY | 6,328,098 | |||||||||
FOOD & STAPLES RETAILING - 1.9% | ||||||||||
1,322,700 | 7-Eleven Malaysia Holdings BHD | 474 | ||||||||
434,026 | Aeon Co Ltd | 6,687 | ||||||||
19,800 | Ain Pharmaciez Inc | 944 | ||||||||
14,863 | * | Al Meera Consumer Goods Co | 896 | |||||||
1,153,324 | Alimentation Couche Tard, Inc | 50,769 | ||||||||
843,476 | Almacenes Exito S.A. | 3,587 | ||||||||
71,424 | Andersons, Inc | 2,259 | ||||||||
111,479 | Arcs Co Ltd | 2,457 | ||||||||
319,890 | Axfood AB | 5,541 | ||||||||
12,200 | Axial Retailing, Inc | 410 | ||||||||
7,200 | Belc Co Ltd | 263 | ||||||||
44,223 | BGF retail Co Ltd | 6,402 | ||||||||
252,392 | BIM Birlesik Magazalar AS | 4,443 | ||||||||
27,122 | Bizim Toptan Satis Magazalari AS | 119 | ||||||||
3,378,373 | Booker Group plc | 9,016 | ||||||||
525,129 | Carrefour S.A. | 15,155 | ||||||||
95,496 | Casey’s General Stores, Inc | 11,502 |
71 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
133,333 | e | Casino Guichard Perrachon S.A. | $ | 6,125 | ||||||
59,900 | Cawachi Ltd | 1,168 | ||||||||
4,039,571 | Centros Comerciales Sudamericanos S.A. | 8,067 | ||||||||
47,299 | *,e | Chefs’ Warehouse Holdings, Inc | 789 | |||||||
1,573,081 | China Resources Enterprise | 3,356 | ||||||||
312,041 | Cia Brasileira de Distribuicao Grupo Pao de Acucar | 3,286 | ||||||||
24,658 | CJ Freshway Corp | 1,738 | ||||||||
431,998 | Clicks Group Ltd | 2,487 | ||||||||
54,160 | Cocokara Fine Holdings, Inc | 2,431 | ||||||||
39,437 | Colruyt S.A. | 2,029 | ||||||||
514,412 | Controladora Comercial Mexicana S.A. de C.V. | 1,412 | ||||||||
7,227,800 | Cosco Capital, Inc | 1,259 | ||||||||
7,800 | e | Cosmos Pharmaceutical Corp | 1,230 | |||||||
1,415,912 | Costco Wholesale Corp | 228,670 | ||||||||
1,488,000 | CP Seven Eleven PCL (ADR) | 1,616 | ||||||||
7,200,909 | CP Seven Eleven PCL (Foreign) | 7,819 | ||||||||
118,500 | Create SD Holdings Co Ltd | 2,900 | ||||||||
4,026,885 | CVS Health Corp | 393,709 | ||||||||
5,000 | Daikokutenbussaan Co Ltd | 188 | ||||||||
297,397 | Delhaize Group | 28,945 | ||||||||
3,059,717 | e | Distribuidora Internacional de Alimentacion S.A. | 18,046 | |||||||
35,929 | Dongsuh Co, Inc | 949 | ||||||||
37,025 | E-Mart Co Ltd | 5,941 | ||||||||
198,151 | Empire Co Ltd | 3,686 | ||||||||
190,819 | Eurocash S.A. | 2,352 | ||||||||
187,391 | FamilyMart Co Ltd | 8,720 | ||||||||
126,332 | *,e | Fresh Market, Inc | 2,959 | |||||||
61,708 | George Weston Ltd | 4,769 | ||||||||
286,894 | Greggs plc | 5,562 | ||||||||
20,600 | Growell Holdings Co Ltd | 1,142 | ||||||||
298,713 | e | Grupo Comercial Chedraui S.a. DE C.V. | 796 | |||||||
22,193 | GS Retail Co Ltd | 1,011 | ||||||||
58,400 | Heiwado Co Ltd | 1,282 | ||||||||
29,447 | * | Hyundai C&F, Inc | 771 | |||||||
42,348 | Hyundai Greenfood Co Ltd | 890 | ||||||||
400,266 | e | ICA Gruppen AB | 14,536 | |||||||
3,032 | * | Indiabulls Wholesale Service | 0 | ^ | ||||||
35,465 | Ingles Markets, Inc (Class A) | 1,563 | ||||||||
8,300 | Itochu-Shokuhin Co Ltd | 287 | ||||||||
3,437,499 | e | J Sainsbury plc | 13,091 | |||||||
96,362 | Jean Coutu Group PJC, Inc | 1,247 | ||||||||
795,370 | Jeronimo Martins SGPS S.A. | 10,350 | ||||||||
18,200 | Kato Sangyo Co Ltd | 421 | ||||||||
169,220 | Kesko Oyj (B Shares) | 5,931 | ||||||||
33,700 | e | Kobe Bussan Co Ltd | 1,068 | |||||||
2,075,102 | Koninklijke Ahold NV | 43,771 | ||||||||
4,398,976 | Kroger Co | 184,009 | ||||||||
13,900 | Kusuri No Aoki Co Ltd | 678 | ||||||||
393,014 | Lawson, Inc | 31,901 | ||||||||
55,000 | * | Lenta Ltd (ADR) | 373 | |||||||
1,723,000 | *,e | Lianhua Supermarket Holdings Co Ltd | 747 | |||||||
47,500 | e | Life Corp | 1,173 |
72 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
233,221 | e | Loblaw Cos Ltd | $ | 11,013 | ||||||
430,308 | Magnit OAO (GDR) | 17,303 | ||||||||
62,093 | e | Majestic Wine plc | 275 | |||||||
98,467 | MARR S.p.A. | 2,034 | ||||||||
119,093 | e | Massmart Holdings Ltd | 771 | |||||||
53,300 | Matsumotokiyoshi Holdings Co Ltd | 2,720 | ||||||||
3,545,232 | e | Metcash Ltd | 4,139 | |||||||
353,874 | Metro AG. | 11,273 | ||||||||
550,146 | Metro, Inc | 15,403 | ||||||||
34,778 | * | Migros Ticaret AS | 208 | |||||||
11,500 | Ministop Co Ltd | 223 | ||||||||
23,002 | *,e | Natural Grocers by Vitamin C | 469 | |||||||
39,900 | e | Nihon Chouzai Co Ltd | 1,577 | |||||||
158,969 | North West Co Fund | 3,294 | ||||||||
38,000 | Okuwa Co Ltd | 350 | ||||||||
235,000 | e | Olam International Ltd | 301 | |||||||
37,734 | *,e | Performance Food Group Co | 873 | |||||||
414,726 | Pick’n Pay Holdings Ltd | 746 | ||||||||
266,758 | e | Pick’n Pay Stores Ltd | 1,120 | |||||||
670,980 | President Chain Store Corp | 4,188 | ||||||||
48,323 | Pricesmart, Inc | 4,010 | ||||||||
1,124,500 | PT Matahari Putra Prima Tbk | 148 | ||||||||
22,000,000 | * | PT Modern Internasional Tbk | 239 | |||||||
64,300 | Qol Co Ltd | 905 | ||||||||
238,653 | Raia Drogasil S.A. | 2,135 | ||||||||
19,151 | e | Rallye S.A. | 298 | |||||||
5,268 | Rami Levi Chain Stores Hashikma Marketing 2006 Ltd | 242 | ||||||||
2,705,246 | * | Rite Aid Corp | 21,209 | |||||||
2,995,240 | Robinsons Retail Holdings, Inc | 4,013 | ||||||||
39,879 | Ryoshoku Ltd | 980 | ||||||||
13,900 | San-A Co Ltd | 624 | ||||||||
954,697 | Seven & I Holdings Co Ltd | 43,710 | ||||||||
877,200 | e | Sheng Siong Group Ltd | 519 | |||||||
1,140,850 | Shoprite Holdings Ltd | 10,572 | ||||||||
191,547 | * | Shufersal Ltd | 594 | |||||||
120,705 | * | Smart & Final Stores, Inc | 2,198 | |||||||
8,300 | * | Sogo Medical Co Ltd | 306 | |||||||
1,302,227 | Sonae SPGS S.A. | 1,480 | ||||||||
406,905 | Spar Group Ltd | 4,841 | ||||||||
168,139 | Spartan Stores, Inc | 3,639 | ||||||||
1,700,972 | *,e | Sprouts Farmers Market, Inc | 45,229 | |||||||
33,000 | Sugi Pharmacy Co Ltd | 1,821 | ||||||||
7,302,883 | e | Sun Art Retail Group Ltd | 5,495 | |||||||
55,300 | Sundrug Co Ltd | 3,556 | ||||||||
1,717,210 | * | Supervalu, Inc | 11,643 | |||||||
1,404,699 | Sysco Corp | 57,593 | ||||||||
560,000 | Taiwan TEA Corp | 251 | ||||||||
19,548,456 | * | Tesco plc | 42,953 | |||||||
71,876 | Tsuruha Holdings, Inc | 6,228 | ||||||||
159,964 | * | United Natural Foods, Inc | 6,296 | |||||||
134,200 | United Super Markets Holdings, Inc | 1,144 | ||||||||
217,500 | UNY Co Ltd | 1,367 |
73 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
104,100 | Valor Co Ltd | $ | 2,455 | |||||||
16,965 | Village Super Market (Class A) | 447 | ||||||||
2,384,835 | Walgreens Boots Alliance, Inc | 203,081 | ||||||||
9,456,496 | Wal-Mart de Mexico SAB de C.V. | 23,863 | ||||||||
4,434,876 | Wal-Mart Stores, Inc | 271,858 | ||||||||
42,532 | Weis Markets, Inc | 1,884 | ||||||||
1,355,649 | Wesfarmers Ltd | 40,870 | ||||||||
736,689 | Whole Foods Market, Inc | 24,679 | ||||||||
3,075,400 | e | WM Morrison Supermarkets plc | 6,701 | |||||||
1,515,190 | Woolworths Ltd | 26,883 | ||||||||
521,999 | *,m | Wumart Stores, Inc | 416 | |||||||
252,767 | * | X 5 Retail Group NV (GDR) | 4,790 | |||||||
37,600 | Yaoko Co Ltd | 1,578 | ||||||||
110,700 | Yokohama Reito Co Ltd | 969 | ||||||||
TOTAL FOOD & STAPLES RETAILING | 2,165,162 | |||||||||
FOOD, BEVERAGE & TOBACCO - 5.3% | ||||||||||
25,634 | AarhusKarlshamn AB | 1,899 | ||||||||
28,026 | * | Advanta Ltd | 188 | |||||||
47,569 | AGT Food & Ingredients, Inc | 1,169 | ||||||||
298,626 | Agthia Group PJSC | 624 | ||||||||
955,885 | Ajinomoto Co, Inc | 22,631 | ||||||||
8,838 | e | Alico, Inc | 342 | |||||||
6,469,486 | Altria Group, Inc | 376,589 | ||||||||
8,702,708 | AMBEV S.A. | 39,104 | ||||||||
35,409 | *,e | Amplify Snack Brands, Inc | 408 | |||||||
37,956 | Amsterdam Commodities NV | 957 | ||||||||
235,102 | Anadolu Efes Biracilik Ve Malt Sanayii AS | 1,523 | ||||||||
1,017,888 | Anheuser-Busch InBev NV | 126,673 | ||||||||
2,974 | *,m | Anheuser-Busch InBev NV (Strip VVPR) | 0 | |||||||
346,100 | Anhui Gujing Distillery Co Ltd | 1,225 | ||||||||
5,429 | *,e | Arcadia Biosciences, Inc | 17 | |||||||
1,197,746 | Archer Daniels Midland Co | 43,933 | ||||||||
17,800 | Ariake Japan Co Ltd | 985 | ||||||||
50,189 | Aryzta AG. | 2,539 | ||||||||
296,744 | Asahi Breweries Ltd | 9,289 | ||||||||
1,949,149 | Associated British Foods plc | 95,912 | ||||||||
115,753 | Astral Foods Ltd | 868 | ||||||||
9,408 | Atria Group plc | 92 | ||||||||
226,103 | Austevoll Seafood ASA | 1,373 | ||||||||
326,210 | *,e | Australian Agricultural Co Ltd | 318 | |||||||
663,788 | AVI Ltd | 3,317 | ||||||||
154,169 | e | B&G Foods, Inc (Class A) | 5,399 | |||||||
143,811 | Bakkafrost P | 4,237 | ||||||||
2,209 | e | Barry Callebaut AG. | 2,399 | |||||||
99,400 | e | Bega Cheese Ltd | 534 | |||||||
90,919 | Bellamy’s Australia Ltd | 899 | ||||||||
83,244 | * | Belvedere S.A. | 1,827 | |||||||
5,396 | Binggrae Co Ltd | 314 | ||||||||
186,799 | e | Biostime Internatonal Holdings Ltd | 383 | |||||||
753,897 | *,e | Blue Buffalo Pet Products, Inc | 14,105 | |||||||
11,117 | Bonduelle S.C.A. | 278 |
74 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
22,626 | *,e | Boston Beer Co, Inc (Class A) | $ | 4,568 | ||||||
140,180 | * | Boulder Brands, Inc | 1,539 | |||||||
540,700 | Boustead Plantations BHD | 188 | ||||||||
775,548 | BRF S.A. | 10,818 | ||||||||
281,848 | British American Tobacco Malaysia BHD | 3,676 | ||||||||
3,851,785 | British American Tobacco plc | 213,905 | ||||||||
5,550,807 | Britvic plc | 59,473 | ||||||||
45,780 | e | Brown-Forman Corp | 5,041 | |||||||
229,342 | Brown-Forman Corp (Class B) | 22,769 | ||||||||
305,300 | e | Bumitama Agri Ltd | 152 | |||||||
686,647 | Bunge Ltd | 46,884 | ||||||||
305,161 | C&C Group plc | 1,229 | ||||||||
36,558 | e | Calavo Growers, Inc | 1,791 | |||||||
103,874 | Calbee, Inc | 4,387 | ||||||||
77,983 | e | Cal-Maine Foods, Inc | 3,614 | |||||||
602,873 | e | Campbell Soup Co | 31,681 | |||||||
222,200 | Carabao Group PCL | 212 | ||||||||
39,907 | Carlsberg AS (Class B) | 3,535 | ||||||||
273,800 | Carlsberg Brewery-Malay BHD | 745 | ||||||||
162,152 | *,e | Castle Brands, Inc | 199 | |||||||
29,986 | * | CCL Products India Ltd | 98 | |||||||
2,524,300 | Century Pacific Food, Inc | 884 | ||||||||
651,000 | Changshouhua Food Co Ltd | 405 | ||||||||
2,939,800 | Charoen Pokphand Foods PCL | 1,485 | ||||||||
2,712,820 | *,e | China Agri-Industries Holdings Ltd | 925 | |||||||
7,499,296 | e | China Huishan Dairy Holdings Co Ltd | 2,868 | |||||||
770,500 | * | China Huiyuan Juice Group Ltd | 351 | |||||||
3,546,720 | China Mengniu Dairy Co Ltd | 5,758 | ||||||||
2,146,000 | e | China Modern Dairy Holdings | 554 | |||||||
40,798 | * | China Ocean Resources Co Ltd | 139 | |||||||
1,442,000 | *,e | China Yurun Food Group Ltd | 305 | |||||||
341,105 | Cia Cervecerias Unidas S.A. | 3,774 | ||||||||
9,450 | CJ CheilJedang Corp | 3,023 | ||||||||
20,829 | Clearwater Seafoods, Inc | 180 | ||||||||
193,682 | * | Cloetta AB | 640 | |||||||
280,276 | Clover Industries Ltd | 308 | ||||||||
612,943 | Coca-Cola Amatil Ltd | 4,133 | ||||||||
11,081 | Coca-Cola Bottling Co Consolidated | 2,022 | ||||||||
297,698 | e | Coca-Cola Central Japan Co Ltd | 4,794 | |||||||
13,102,744 | Coca-Cola Co | 562,894 | ||||||||
380,882 | Coca-Cola Embonor S.A. | 548 | ||||||||
652,100 | Coca-Cola Enterprises, Inc | 32,109 | ||||||||
933,420 | Coca-Cola Femsa S.A. de C.V. | 6,710 | ||||||||
92,960 | e | Coca-Cola Femsa SAB de C.V. (ADR) | 6,583 | |||||||
288,902 | Coca-Cola HBC AG. | 6,152 | ||||||||
405,487 | Coca-Cola Icecek AS | 5,164 | ||||||||
269,400 | Coca-Cola West Japan Co Ltd | 5,453 | ||||||||
862,000 | * | Cofco International Ltd | 378 | |||||||
1,656,117 | ConAgra Foods, Inc | 69,822 | ||||||||
546,650 | Constellation Brands, Inc (Class A) | 77,865 | ||||||||
162,650 | Corbion NV | 3,938 | ||||||||
12,733 | Corby Spirit and Wine Ltd | 173 |
75 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
221,560 | * | Costa Group Holdings Ltd | $ | 438 | ||||||
95,241 | Cott Corp | 1,049 | ||||||||
25,297 | *,e | Craft Brewers Alliance, Inc | 212 | |||||||
649 | Crown Confectionery Co Ltd | 298 | ||||||||
2,921 | Dae Han Flour Mills Co Ltd | 457 | ||||||||
43,066 | Daesang Corp | 1,185 | ||||||||
119,710 | Dairy Crest Group plc | 1,198 | ||||||||
747,052 | * | Darling International, Inc | 7,859 | |||||||
3,011,422 | Davide Campari-Milano S.p.A. | 26,036 | ||||||||
471,041 | e | Dean Foods Co | 8,078 | |||||||
313,945 | *,e | Deoleo S.A. | 78 | |||||||
213,973 | Devro plc | 915 | ||||||||
4,012,927 | Diageo plc | 109,584 | ||||||||
56,173 | Diageo plc (ADR) | 6,127 | ||||||||
66,780 | * | Diamond Foods, Inc | 2,574 | |||||||
1,093 | Dongwon F&B Co Ltd | 364 | ||||||||
1,371 | Dongwon Industries Co Ltd | 308 | ||||||||
820,108 | Dr Pepper Snapple Group, Inc | 76,434 | ||||||||
7,200 | Dydo Drinco, Inc | 335 | ||||||||
1,214,000 | *,e,m | Dynasty Fine Wines Group Ltd | 2 | |||||||
36,601 | Easy Bio, Inc | 176 | ||||||||
98,857 | e | Ebro Puleva S.A. | 1,945 | |||||||
349,537 | Embotelladora Andina S.A. | 1,039 | ||||||||
1,734,533 | Embotelladoras Arca SAB de C.V. | 10,535 | ||||||||
5,030 | Emmi AG. | 2,261 | ||||||||
42,800 | Ezaki Glico Co Ltd | 2,312 | ||||||||
34,962 | * | Farmer Bros Co | 1,128 | |||||||
10,826 | * | Farmsco | 150 | |||||||
6,442,499 | Felda Global Ventures Holdings BHD | 2,554 | ||||||||
193,104 | Fevertree Drinks plc | 1,706 | ||||||||
2,268,100 | e | First Resources Ltd | 3,064 | |||||||
660,754 | Flowers Foods, Inc | 14,200 | ||||||||
3,104,230 | e | Fomento Economico Mexicano S.A. de C.V. | 29,112 | |||||||
133,250 | e | Fonterra Shareholders’ Fund | 545 | |||||||
81,153 | e | Fresh Del Monte Produce, Inc | 3,155 | |||||||
56,902 | *,e | Freshpet, Inc | 483 | |||||||
58,473 | Fuji Oil Co Ltd | 950 | ||||||||
15,232 | Fujicco Co Ltd | 266 | ||||||||
95,000 | *,e | Fujiya Co Ltd | 152 | |||||||
1,739,100 | General Mills, Inc | 100,277 | ||||||||
229,314 | Genting Plantations BHD | 566 | ||||||||
1,877,700 | GFPT PCL (Foreign) | 514 | ||||||||
155,876 | Glanbia plc | 2,870 | ||||||||
10,552 | GlaxoSmithKline Consumer Healthcare Ltd | 1,022 | ||||||||
13,453,754 | Golden Agri-Resources Ltd | 3,214 | ||||||||
159,010 | e | GrainCorp Ltd-A | 993 | |||||||
1,379,272 | Great Wall Enterprise Co | 867 | ||||||||
403,695 | Greencore Group plc | 2,106 | ||||||||
970,936 | Groupe Danone | 65,610 | ||||||||
923,400 | Gruma SAB de C.V. | 12,953 | ||||||||
2,739,543 | * | Grupo Bimbo S.A. de C.V. (Series A) | 7,304 | |||||||
697,145 | Grupo Herdez SAB de C.V. | 1,811 |
76 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
674,200 | Grupo Lala SAB de C.V. | $ | 1,568 | |||||||
289,135 | * | Hain Celestial Group, Inc | 11,678 | |||||||
27,493 | * | Harim & Co Ltd | 97 | |||||||
117,350 | Heineken Holding NV | 9,034 | ||||||||
922,582 | Heineken NV | 78,620 | ||||||||
284,185 | Hershey Co | 25,369 | ||||||||
267,500 | Hey Song Corp | 255 | ||||||||
37,608 | High Liner Foods, Inc | 423 | ||||||||
30,090 | Hite Holdings Co Ltd | 346 | ||||||||
71,853 | HKScan Oyj | 297 | ||||||||
17,400 | Hokuto Corp | 335 | ||||||||
943,000 | g | Honworld Group Ltd | 726 | |||||||
450,542 | Hormel Foods Corp | 35,629 | ||||||||
49,052 | e | House Foods Corp | 968 | |||||||
477,200 | Ichitan Group PCL | 162 | ||||||||
652,935 | Illovo Sugar Ltd | 714 | ||||||||
64,060,000 | e | Imperial Pacific International Holdings Ltd | 1,393 | |||||||
1,015,072 | Imperial Tobacco Group plc | 53,614 | ||||||||
378,978 | e | Indofood Agri Resources Ltd | 131 | |||||||
2,737,577 | Indofood CBP Sukses Makmur Tbk | 2,648 | ||||||||
545,600 | Industrias Bachoco SAB de C.V. | 2,220 | ||||||||
472,484 | e | Ingredion, Inc | 45,283 | |||||||
49,445 | *,e | Inventure Foods, Inc | 351 | |||||||
3,430,083 | IOI Corp BHD | 3,552 | ||||||||
3,761,499 | ITC Ltd | 18,600 | ||||||||
71,800 | e | Ito En Ltd | 1,847 | |||||||
465,000 | e | Itoham Foods, Inc | 2,694 | |||||||
64,957 | J&J Snack Foods Corp | 7,579 | ||||||||
175,049 | J.M. Smucker Co | 21,591 | ||||||||
2,372,777 | Japan Tobacco, Inc | 87,114 | ||||||||
306,600 | * | Japfa Ltd | 101 | |||||||
1,689,393 | JBS S.A. | 5,243 | ||||||||
64,327 | Jinro Ltd | 1,279 | ||||||||
42,255 | John B. Sanfilippo & Son, Inc | 2,283 | ||||||||
99,000 | J-Oil Mills, Inc | 287 | ||||||||
630,238 | Juhayna Food Industries | 642 | ||||||||
64,873 | e | Kagome Co Ltd | 1,135 | |||||||
9,700 | Kameda Seika Co Ltd | 414 | ||||||||
630,900 | Kaset Thai International Sugar Corp PCL | 140 | ||||||||
28,817 | Kaveri Seed Co Ltd | 152 | ||||||||
636,212 | Kellogg Co | 45,979 | ||||||||
618,353 | e | Kerry Group plc (Class A) | 51,162 | |||||||
257,852 | e | Keurig Green Mountain, Inc | 23,202 | |||||||
15,000 | e | KEY Coffee, Inc | 239 | |||||||
2,357,000 | Khon Kaen Sugar Industry PCL | 267 | ||||||||
157,671 | Kikkoman Corp | 5,463 | ||||||||
770,690 | Kirin Brewery Co Ltd | 10,464 | ||||||||
203,149 | Koninklijke Wessanen NV | 2,062 | ||||||||
2,613,420 | Kraft Heinz Co | 190,152 | ||||||||
43,621 | KRBL Ltd | 150 | ||||||||
228,840 | KT&G Corp | 20,336 | ||||||||
923,095 | Kuala Lumpur Kepong BHD | 4,910 |
77 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
403,000 | Kulim Malaysia BHD | $ | 354 | |||||||
2,787 | e | KWS Saat AG. | 839 | |||||||
84,132 | La Doria S.p.A | 1,191 | ||||||||
104,805 | Lancaster Colony Corp | 12,101 | ||||||||
121,439 | e | Lance, Inc | 4,165 | |||||||
68,422 | *,e | Landec Corp | 809 | |||||||
79,615 | Leroy Seafood Group ASA | 2,959 | ||||||||
2,620,000 | *,e | Leyou Technologies Holdings Ltd | 252 | |||||||
466,666 | Lien Hwa Industrial Corp | 269 | ||||||||
14,432 | * | Lifeway Foods, Inc | 160 | |||||||
32,766 | e | Limoneira Co | 490 | |||||||
268 | Lindt & Spruengli AG. | 1,674 | ||||||||
34 | Lindt & Spruengli AG. (Registered) | 2,533 | ||||||||
353 | Lotte Chilsung Beverage Co Ltd | 668 | ||||||||
707 | Lotte Confectionery Co Ltd | 1,371 | ||||||||
2,667 | Lotte Samkang Co Ltd | 2,143 | ||||||||
38,146 | M Dias Branco S.A. | 641 | ||||||||
34,206 | Maeil Dairy Industry Co Ltd | 1,281 | ||||||||
85,824 | e | Maple Leaf Foods, Inc | 1,474 | |||||||
255,600 | * | Marfrig Global Foods S.A. | 409 | |||||||
245,000 | Marudai Food Co Ltd | 944 | ||||||||
36,600 | Maruha Nichiro Corp | 646 | ||||||||
292,031 | e | McCormick & Co, Inc | 24,986 | |||||||
72,096 | * | McLeod Russel India Ltd | 189 | |||||||
361,721 | Mead Johnson Nutrition Co | 28,558 | ||||||||
187,700 | Megmilk Snow Brand Co Ltd | 4,827 | ||||||||
234,200 | MEIJI Holdings Co Ltd | 19,345 | ||||||||
22,869 | Mgp Ingredients, Inc | 593 | ||||||||
173,500 | * | Minerva S.A. | 582 | |||||||
293,000 | Mitsui Sugar Co Ltd | 1,319 | ||||||||
679,748 | Molson Coors Brewing Co (Class B) | 63,842 | ||||||||
6,633,054 | Mondelez International, Inc | 297,426 | ||||||||
1,328,680 | * | Monster Beverage Corp | 197,920 | |||||||
164,302 | Morinaga & Co Ltd | 864 | ||||||||
822,000 | Morinaga Milk Industry Co Ltd | 3,745 | ||||||||
13,988 | * | Muhak Co Ltd | 453 | |||||||
772,000 | Namchow Chemical Industrial Ltd | 1,590 | ||||||||
1,323 | Namyang Dairy Products Co Ltd | 833 | ||||||||
71,697 | *,e | National Beverage Corp | 3,258 | |||||||
5,594 | *,e | Naturex | 434 | |||||||
39,215 | Nestle India Ltd | 3,447 | ||||||||
4,673,542 | Nestle S.A. | 346,941 | ||||||||
589,000 | Nichirei Corp | 4,340 | ||||||||
232,000 | Nippon Beet Sugar Manufacturing Co Ltd | 390 | ||||||||
109,000 | Nippon Flour Mills Co Ltd | 782 | ||||||||
417,705 | Nippon Meat Packers, Inc | 8,187 | ||||||||
695,066 | Nippon Suisan Kaisha Ltd | 3,890 | ||||||||
372,000 | Nisshin Oillio Group Ltd | 1,515 | ||||||||
143,807 | Nisshin Seifun Group, Inc | 2,349 | ||||||||
21,273 | Nissin Food Products Co Ltd | 1,129 | ||||||||
2,905 | Nong Shim Co Ltd | 1,085 | ||||||||
1,740 | Nong Shim Holdings Co Ltd | 227 |
78 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
6,267 | Nong Woo Bio Co Ltd | $ | 116 | |||||||
98,524 | e | Oceana Group Ltd | 745 | |||||||
76,294 | * | Omega Protein Corp | 1,694 | |||||||
214,200 | e | Organizacion Cultiba SAB de C.V. | 291 | |||||||
341,278 | Origin Enterprises plc | 2,800 | ||||||||
4,064 | Orion Corp | 4,014 | ||||||||
305,978 | Orkla ASA | 2,414 | ||||||||
28,828 | Osem Investments Ltd | 494 | ||||||||
2,088 | Ottogi Corp | 2,164 | ||||||||
320,339 | PAN Fish ASA | 4,310 | ||||||||
5,042,837 | PepsiCo, Inc | 503,880 | ||||||||
1,399,000 | Pepsi-Cola Products Philippine | 109 | ||||||||
78,873 | Pernod-Ricard S.A. | 8,995 | ||||||||
72,987 | *,m | Pescanova S.A. | 1 | |||||||
868,500 | e | Petra Foods Ltd | 1,285 | |||||||
1,349 | Philip Morris CR | 651 | ||||||||
4,655,976 | Philip Morris International, Inc | 409,307 | ||||||||
516,386 | e | Pilgrim’s Pride Corp | 11,407 | |||||||
37,347 | Pinar SUT Mamulleri Sanayii AS | 210 | ||||||||
2,063,617 | Pinnacle Foods, Inc | 87,621 | ||||||||
111,608 | Pioneer Foods Ltd | 1,145 | ||||||||
749,369 | *,e | Post Holdings, Inc | 46,236 | |||||||
852,290 | PPB Group BHD | 3,147 | ||||||||
737,562 | * | Premier Foods plc | 427 | |||||||
60,808 | Premium Brands Holdings Corp | 1,678 | ||||||||
509,000 | Prima Meat Packers Ltd | 1,368 | ||||||||
375,715 | PT Astra Agro Lestari Tbk | 428 | ||||||||
5,692,200 | m | PT Austindo Nusantara Jaya | 665 | |||||||
1,389,600 | PT Bisi International | 135 | ||||||||
10,826,700 | * | PT BW Plantation Tbk | 108 | |||||||
8,126,510 | PT Charoen Pokphand Indonesia Tbk | 1,514 | ||||||||
1,636,068 | PT Gudang Garam Tbk | 6,493 | ||||||||
489,400 | PT Hanjaya Mandala Sampoerna Tbk | 3,331 | ||||||||
17,743,831 | PT Indofood Sukses Makmur Tbk | 6,605 | ||||||||
4,830,100 | * | PT Japfa Comfeed Indonesia Tbk | 221 | |||||||
1,411,300 | PT Nippon Indosari Corpindo Tbk | 129 | ||||||||
11,886,300 | PT Perusahaan Perkebunan London Sumatra Indonesia Tbk | 1,126 | ||||||||
8,323,600 | PT Salim Ivomas Pratama Tbk | 200 | ||||||||
1,837,800 | PT Sawit Sumbermas Sarana Tbk | 259 | ||||||||
4,905 | * | Pulmuone Co Ltd | 772 | |||||||
86,400 | e | Q.P. Corp | 2,134 | |||||||
218,419 | QAF Ltd | 163 | ||||||||
837,150 | QL Resources BHD | 835 | ||||||||
38,769 | *,g | Refresco Gerber NV | 668 | |||||||
11,639 | e | Remy Cointreau S.A. | 834 | |||||||
2,740,011 | Reynolds American, Inc | 126,452 | ||||||||
9,400,000 | RFM Corp | 789 | ||||||||
111,538 | * | Rhodes Food Group Pty Ltd | 169 | |||||||
157,408 | e | Rogers Sugar, Inc | 482 | |||||||
111,854 | Royal Unibrew A.S. | 4,546 | ||||||||
9,800 | e | S Foods, Inc | 172 | |||||||
1,219,541 | SABMiller plc | 72,958 |
79 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,782 | * | Sajo Industries Co Ltd | $ | 102 | ||||||
25,255 | Sakata Seed Corp | 597 | ||||||||
185,108 | Salmar ASA | 3,230 | ||||||||
2,110 | Samlip General Foods Co Ltd | 493 | ||||||||
5,363 | Samyang Corp | 470 | ||||||||
597 | m | Samyang Genex Co Ltd | 113 | |||||||
18,362 | Samyang Holdings Corp | 2,452 | ||||||||
55,035 | e | Sanderson Farms, Inc | 4,266 | |||||||
180,800 | Sao Martinho S.A. | 2,088 | ||||||||
1,416,000 | e | Sapporo Holdings Ltd | 6,216 | |||||||
353,604 | Saputo, Inc | 8,459 | ||||||||
109,319 | Scandi Standard AB | 703 | ||||||||
34,233 | Schouw & Co | 1,921 | ||||||||
817 | * | Seaboard Corp | 2,365 | |||||||
311,258 | Select Harvests Ltd | 1,917 | ||||||||
27,970 | * | Seneca Foods Corp | 811 | |||||||
270,200 | * | Shandong Zhonglu Oceanic Fisheries Co Ltd | 321 | |||||||
341,400 | * | Shanghai Dajiang Group | 271 | |||||||
1,292,000 | Shenguan Holdings Group Ltd | 188 | ||||||||
176,000 | Showa Sangyo Co Ltd | 672 | ||||||||
5,310 | Silla Co Ltd | 74 | ||||||||
130,600 | SLC Agricola S.A. | 542 | ||||||||
1,180,182 | Standard Foods Corp | 2,937 | ||||||||
264,324 | Stock Spirits Group plc | 544 | ||||||||
37,272 | Strauss Group Ltd | 555 | ||||||||
82,043 | Suedzucker AG. | 1,626 | ||||||||
245,683 | Suntory Beverage & Food Ltd | 10,755 | ||||||||
395,400 | Super Coffeemix Manufacturing Ltd | 233 | ||||||||
219,343 | Swedish Match AB | 7,751 | ||||||||
53,507 | *,e | Synutra International, Inc | 252 | |||||||
141,800 | Takara Holdings, Inc | 1,078 | ||||||||
121,453 | Tassal Group Ltd | 414 | ||||||||
548,923 | Tata Tea Ltd | 1,208 | ||||||||
578,930 | Tate & Lyle plc | 5,099 | ||||||||
594,900 | TDM BHD | 96 | ||||||||
2,143,000 | e | Tenwow International Holdings Ltd | 700 | |||||||
1,577,200 | Thai Union Group PCL | 749 | ||||||||
1,723,400 | Thai Vegetable Oil PCL | 1,069 | ||||||||
1,522,000 | e | Tibet 5100 Water Resources Holdings Ltd | 569 | |||||||
1,751,300 | Tiga Pilar Sejahtera Food Tbk | 153 | ||||||||
431,807 | e | Tiger Brands Ltd | 8,845 | |||||||
2,444,542 | Tingyi Cayman Islands Holding Corp | 3,473 | ||||||||
202,900 | * | TIPCO Foods PCL | 98 | |||||||
106,685 | Tongaat Hulett Ltd | 642 | ||||||||
43,032 | e | Tootsie Roll Industries, Inc | 1,359 | |||||||
127,046 | Toyo Suisan Kaisha Ltd | 4,428 | ||||||||
583,074 | Treasury Wine Estates Ltd | 3,501 | ||||||||
106,626 | * | TreeHouse Foods, Inc | 8,366 | |||||||
9,920 | TS Corp | 170 | ||||||||
532,150 | TSH Resources BHD | 243 | ||||||||
485,086 | e | Tsingtao Brewery Co Ltd | 2,185 | |||||||
141,000 | Ttet Union Corp | 321 |
80 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,878,126 | Tyson Foods, Inc (Class A) | $ | 100,160 | |||||||
170,945 | Ulker Biskuvi Sanayi AS | 1,032 | ||||||||
963,000 | e | Uni-President China Holdings Ltd | 738 | |||||||
7,522,260 | Uni-President Enterprises Corp | 12,539 | ||||||||
71,762 | United Breweries Ltd | 1,025 | ||||||||
98,921 | * | United Spirits Ltd | 4,467 | |||||||
55,947 | e | Universal Corp | 3,138 | |||||||
1,569,805 | Universal Robina | 6,195 | ||||||||
212,136 | e | Vector Group Ltd | 5,004 | |||||||
7,598 | e | Vilmorin & Cie | 547 | |||||||
360,257 | Vina Concha y Toro S.A. | 540 | ||||||||
70,000,000 | Vina San Pedro Tarapaca S.A. | 621 | ||||||||
41,451 | Viscofan S.A. | 2,500 | ||||||||
7,438,024 | e | Want Want China Holdings Ltd | 5,520 | |||||||
37,200 | Warabeya Nichiyo Co Ltd | 705 | ||||||||
296,000 | * | Wei Chuan Food Corp | 157 | |||||||
6,446,500 | *,g | WH Group Ltd | 3,588 | |||||||
973,378 | * | WhiteWave Foods Co (Class A) | 37,874 | |||||||
4,254,967 | Wilmar International Ltd | 8,779 | ||||||||
18,831 | Yakult Honsha Co Ltd | 922 | ||||||||
244,735 | Yamazaki Baking Co Ltd | 5,503 | ||||||||
7,000 | Yonekyu Corp | 147 | ||||||||
2,899,000 | *,e | YuanShengTai Dairy Farm Ltd | 231 | |||||||
8,507 | Zydus Wellness Ltd | 111 | ||||||||
TOTAL FOOD, BEVERAGE & TOBACCO | 5,990,311 | |||||||||
HEALTH CARE EQUIPMENT & SERVICES - 4.0% | ||||||||||
21,394 | *,e | AAC Holdings, Inc | 408 | |||||||
58,483 | Abaxis, Inc | 3,256 | ||||||||
4,709,620 | Abbott Laboratories | 211,509 | ||||||||
141,065 | * | Abiomed, Inc | 12,735 | |||||||
242,768 | * | Acadia Healthcare Co, Inc | 15,163 | |||||||
193,732 | *,e | Accuray, Inc | 1,308 | |||||||
92,907 | Aceto Corp | 2,507 | ||||||||
42,180 | * | Addus HomeCare Corp | 982 | |||||||
15,379 | *,e | Adeptus Health, Inc | 838 | |||||||
451,879 | Advanced Medical Solutions Group plc | 1,207 | ||||||||
1,271,082 | Aetna Inc | 137,429 | ||||||||
951,941 | * | AGFA-Gevaert NV | 5,421 | |||||||
62,626 | *,m | AGFA-Gevaert NV Brussels (Strip VVPR) | 0 | |||||||
99,596 | *,e | Air Methods Corp | 4,176 | |||||||
168,155 | Al Noor Hospitals Group plc | 2,743 | ||||||||
631,634 | Alfresa Holdings Corp | 12,475 | ||||||||
267,813 | * | Align Technology, Inc | 17,636 | |||||||
21,485 | * | Alliance HealthCare Services, Inc | 197 | |||||||
718,575 | * | Allscripts Healthcare Solutions, Inc | 11,052 | |||||||
23,499 | * | Almost Family, Inc | 898 | |||||||
30,222 | e | Ambu A.S. | 920 | |||||||
133,010 | * | Amedisys, Inc | 5,230 | |||||||
843,455 | AmerisourceBergen Corp | 87,475 | ||||||||
216,691 | * | AMN Healthcare Services, Inc | 6,728 | |||||||
315,287 | e | Amplifon S.p.A. | 2,731 |
81 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
181,102 | *,e | Amsurg Corp | $ | 13,764 | ||||||
44,558 | Analogic Corp | 3,681 | ||||||||
65,740 | * | Angiodynamics, Inc | 798 | |||||||
38,180 | *,e | Anika Therapeutics, Inc | 1,457 | |||||||
284,189 | Ansell Ltd | 4,404 | ||||||||
348,969 | *,e | Antares Pharma, Inc | 422 | |||||||
708,542 | Anthem, Inc | 98,799 | ||||||||
215,698 | Apollo Hospitals Enterprise Ltd | 4,769 | ||||||||
11,700 | As One Corp | 448 | ||||||||
80,800 | Asahi Intecc Co Ltd | 3,713 | ||||||||
97,085 | *,e | athenahealth, Inc | 15,628 | |||||||
69,818 | * | AtriCure, Inc | 1,567 | |||||||
5,542 | Atrion Corp | 2,113 | ||||||||
1,052,122 | Australian Pharmaceutical Industries Ltd | 1,474 | ||||||||
1,551,850 | Bangkok Chain Hospital PCL | 389 | ||||||||
4,306,200 | Bangkok Dusit Medical Services PCL | 2,661 | ||||||||
272,434 | Bard (C.R.), Inc | 51,610 | ||||||||
1,709,342 | Baxter International, Inc | 65,211 | ||||||||
359,277 | Becton Dickinson & Co | 55,361 | ||||||||
185,251 | *,e | BioScrip, Inc | 324 | |||||||
1,133,800 | *,e | Biosensors International Group Ltd | 646 | |||||||
66,878 | * | BioTelemetry, Inc | 781 | |||||||
26,800 | BML, Inc | 803 | ||||||||
5,462,522 | * | Boston Scientific Corp | 100,729 | |||||||
264,167 | * | Brookdale Senior Living, Inc | 4,877 | |||||||
719,700 | Bumrungrad Hospital PCL (Foreign) | 4,202 | ||||||||
454,275 | Bupa Chile S.A. | 364 | ||||||||
115,227 | Cantel Medical Corp | 7,160 | ||||||||
42,910 | *,g | Capio AB | 292 | |||||||
71,823 | * | Capital Senior Living Corp | 1,498 | |||||||
879,619 | Cardinal Health, Inc | 78,524 | ||||||||
79,697 | *,e | Cardiovascular Systems, Inc | 1,205 | |||||||
28,247 | Carl Zeiss Meditec AG. | 875 | ||||||||
2,922 | *,e | Carmat | 130 | |||||||
93,901 | *,e | Castlight Health, Inc | 401 | |||||||
10,700 | * | Cegedim S.A. | 372 | |||||||
17,360 | Celesio AG. | 472 | ||||||||
889,098 | * | Centene Corp | 58,512 | |||||||
912,917 | * | Cerner Corp | 54,930 | |||||||
245,768 | *,e | Cerus Corp | 1,553 | |||||||
38,184 | * | CHA Bio & Diostech Co Ltd | 457 | |||||||
262,204 | Chartwell Retirement Residences | 2,407 | ||||||||
92,147 | CHC Healthcare Group | 166 | ||||||||
42,997 | e | Chemed Corp | 6,441 | |||||||
976,500 | * | China NT Pharma Group Co Ltd | 316 | |||||||
457,000 | e | China Pioneer Pharma Holdings Ltd | 165 | |||||||
19,904,900 | Chularat Hospital PCL | 1,466 | ||||||||
817,867 | Cigna Corp | 119,678 | ||||||||
58,218 | * | Civitas Solutions, Inc | 1,676 | |||||||
105,624 | Cochlear Ltd | 7,309 | ||||||||
44,442 | Coloplast AS | 3,588 | ||||||||
148,059 | * | Community Health Systems, Inc | 3,928 |
82 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
23,640 | e | CompuGroup Medical AG. | $ | 865 | ||||||
28,510 | e | Computer Programs & Systems, Inc | 1,418 | |||||||
25,647 | *,e | ConforMIS, Inc | 443 | |||||||
75,035 | Conmed Corp | 3,305 | ||||||||
18,684 | *,e | Connecture, Inc | 67 | |||||||
25,400 | Consort Medical plc | 433 | ||||||||
69,970 | Cooper Cos, Inc | 9,390 | ||||||||
900,000 | e | Cordlife Group Ltd | 921 | |||||||
55,542 | *,e | Corindus Vascular Robotics, Inc | 178 | |||||||
46,242 | * | Corvel Corp | 2,031 | |||||||
290,090 | * | Cross Country Healthcare, Inc | 4,755 | |||||||
83,627 | CryoLife, Inc | 902 | ||||||||
36,803 | * | Cutera, Inc | 471 | |||||||
182,760 | CVS Group plc | 2,223 | ||||||||
90,200 | *,e | CYBERDYNE, Inc | 1,520 | |||||||
68,086 | * | Cynosure, Inc (Class A) | 3,041 | |||||||
50,000 | e | Daiken Medical Co Ltd | 426 | |||||||
427,629 | * | DaVita, Inc | 29,810 | |||||||
361,106 | Dentsply International, Inc | 21,973 | ||||||||
296,238 | * | DexCom, Inc | 24,262 | |||||||
78,620 | DiaSorin S.p.A. | 4,129 | ||||||||
10,957 | * | DIO Corp | 277 | |||||||
90,519 | *,e | Diplomat Pharmacy, Inc | 3,098 | |||||||
25,335 | Draegerwerk AG. | 1,877 | ||||||||
6,726 | Draegerwerk AG. & Co KGaA | 441 | ||||||||
1,261,564 | * | Edwards Lifesciences Corp | 99,638 | |||||||
13,300 | Eiken Chemical Co Ltd | 245 | ||||||||
441,898 | e | Elekta AB (B Shares) | 3,755 | |||||||
13,694 | *,e | EndoChoice Holdings, Inc | 114 | |||||||
165,597 | *,e | Endologix, Inc | 1,639 | |||||||
137,860 | Ensign Group, Inc | 3,120 | ||||||||
14,796 | *,e | Entellus Medical, Inc | 249 | |||||||
487,927 | * | Envision Healthcare Holdings, Inc | 12,671 | |||||||
568,183 | Essilor International S.A. | 70,816 | ||||||||
1,280,346 | Estia Health Ltd | 6,761 | ||||||||
30,511 | *,e | Evolent Health, Inc | 370 | |||||||
26,568 | * | Exactech, Inc | 482 | |||||||
103,460 | * | ExamWorks Group, Inc | 2,752 | |||||||
3,383,281 | * | Express Scripts Holding Co | 295,733 | |||||||
240,943 | e | Extendicare, Inc | 1,680 | |||||||
818,326 | e | Fagron NV | 6,257 | |||||||
1,070,813 | Fisher & Paykel Healthcare Corp | 6,510 | ||||||||
233,325 | * | Five Star Quality Care, Inc | 742 | |||||||
135,800 | Fleury S.A. | 549 | ||||||||
101,442 | * | Fortis Healthcare Ltd | 275 | |||||||
265,181 | Fresenius Medical Care AG. | 22,284 | ||||||||
602,618 | Fresenius SE | 42,926 | ||||||||
18,800 | Fukuda Denshi Co Ltd | 1,028 | ||||||||
5,980 | Galenica AG. | 9,356 | ||||||||
96,018 | * | Genesis Health Care, Inc | 333 | |||||||
109,739 | *,e | GenMark Diagnostics, Inc | 852 | |||||||
295,916 | Getinge AB (B Shares) | 7,752 |
83 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
42,000 | Ginko International Co Ltd | $ | 553 | |||||||
30,883 | *,e | Glaukos Corp | 763 | |||||||
168,767 | *,e | Globus Medical, Inc | 4,695 | |||||||
284,937 | GN Store Nord | 5,171 | ||||||||
7,584,203 | e | Golden Meditech Holdings Ltd | 1,218 | |||||||
68,700 | * | Greatbatch, Inc | 3,607 | |||||||
36,600 | Green Hospital Supply, Inc | 906 | ||||||||
68,905 | e | Greencross Ltd | 335 | |||||||
12,655 | Guerbet | 891 | ||||||||
151,845 | * | Haemonetics Corp | 4,896 | |||||||
115,205 | * | Halyard Health, Inc | 3,849 | |||||||
88,021 | * | Hanger Orthopedic Group, Inc | 1,448 | |||||||
700,000 | *,e,g | Harmonicare Medical Holdings Ltd | 622 | |||||||
296,200 | Hartalega Holdings BHD | 410 | ||||||||
1,489,766 | * | HCA Holdings, Inc | 100,753 | |||||||
361,679 | * | Health Net, Inc | 24,761 | |||||||
89,402 | * | HealthEquity, Inc | 2,241 | |||||||
1,609,548 | Healthscope Ltd | 3,102 | ||||||||
393,918 | e | Healthsouth Corp | 13,712 | |||||||
63,817 | * | HealthStream, Inc | 1,404 | |||||||
76,961 | *,e | Healthways, Inc | 991 | |||||||
62,585 | *,e | HeartWare International, Inc | 3,154 | |||||||
167,092 | *,e | Henry Schein, Inc | 26,432 | |||||||
68,276 | e | Hill-Rom Holdings, Inc | 3,281 | |||||||
305,974 | * | HMS Holdings Corp | 3,776 | |||||||
11,200 | Hogy Medical Co Ltd | 564 | ||||||||
1,547,509 | * | Hologic, Inc | 59,873 | |||||||
265,336 | Hoya Corp | 10,850 | ||||||||
331,574 | Humana, Inc | 59,189 | ||||||||
67,659 | * | ICU Medical, Inc | 7,631 | |||||||
204,284 | *,e | Idexx Laboratories, Inc | 14,896 | |||||||
3,838,995 | IHH Healthcare BHD | 5,883 | ||||||||
112,200 | * | iKang Healthcare Group, Inc (ADR) | 2,293 | |||||||
41,937 | *,e | Imprivata, Inc | 474 | |||||||
463,850 | * | IMS Health Holdings, Inc | 11,814 | |||||||
9,636 | InBody Co Ltd | 471 | ||||||||
87,957 | * | Inogen Inc | 3,526 | |||||||
480,594 | *,e | Inovalon Holdings, Inc | 8,170 | |||||||
176,300 | * | Insulet Corp | 6,666 | |||||||
144,263 | * | Integra LifeSciences Holdings Corp | 9,778 | |||||||
6,773 | Interojo Co Ltd | 218 | ||||||||
146,432 | * | Intuitive Surgical, Inc | 79,975 | |||||||
83,094 | Invacare Corp | 1,445 | ||||||||
182,498 | * | Inverness Medical Innovations, Inc | 7,134 | |||||||
67,785 | *,e | InVivo Therapeutics Holdings Corp | 488 | |||||||
74,353 | Ion Beam Applications | 2,735 | ||||||||
12,510 | *,e | iRadimed Corp | 351 | |||||||
58,429 | i-SENS Inc | 1,684 | ||||||||
1,005,105 | Japara Healthcare Ltd | 2,331 | ||||||||
157,000 | Jeol Ltd | 1,020 | ||||||||
47,517 | * | K2M Group Holdings, Inc | 938 | |||||||
411,198 | Kindred Healthcare, Inc | 4,897 |
84 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
31,056 | Korian-Medica | $ | 1,136 | |||||||
909,500 | Kossan Rubber Industries | 1,968 | ||||||||
1,161,573 | KPJ Healthcare BHD | 1,142 | ||||||||
353,235 | * | Laboratory Corp of America Holdings | 43,674 | |||||||
23,686 | e | Landauer, Inc | 780 | |||||||
61,005 | *,e | LDR Holding Corp | 1,532 | |||||||
63,257 | LeMaitre Vascular, Inc | 1,091 | ||||||||
93,727 | * | LHC Group, Inc | 4,245 | |||||||
56,914 | e | Lifco AB | 1,421 | |||||||
1,137,746 | e | Life Healthcare Group Holdings Pte Ltd | 2,583 | |||||||
316,291 | * | LifePoint Hospitals, Inc | 23,216 | |||||||
4,674,000 | * | Lifetech Scientific Corp | 886 | |||||||
167,533 | *,e | LivaNova plc | 9,946 | |||||||
7,603 | Lutronic Corp | 290 | ||||||||
112,145 | * | Magellan Health Services, Inc | 6,915 | |||||||
17,000 | e | Mani, Inc | 328 | |||||||
180,361 | * | Masimo Corp | 7,487 | |||||||
834,879 | McKesson Corp | 164,663 | ||||||||
153,538 | *,e | MedAssets, Inc | 4,750 | |||||||
158,690 | e | Medical Facilities Corp | 1,650 | |||||||
20,946 | * | Medicare Group | 684 | |||||||
340,787 | Mediceo Paltac Holdings Co Ltd | 5,808 | ||||||||
711,696 | Mediclinic International Ltd | 5,474 | ||||||||
138,731 | * | Medidata Solutions, Inc | 6,838 | |||||||
21,167 | * | Medipost Co Ltd | 1,725 | |||||||
4,977,809 | Medtronic plc | 382,893 | ||||||||
8,700 | * | Menicon Co Ltd | 266 | |||||||
107,188 | Meridian Bioscience, Inc | 2,200 | ||||||||
256,673 | * | Merit Medical Systems, Inc | 4,772 | |||||||
82,500 | e | Message Co Ltd | 2,351 | |||||||
1,610,786 | e | Metlifecare Ltd | 5,095 | |||||||
145,500 | Microlife Corp | 392 | ||||||||
618,000 | * | Microport Scientific Corp | 294 | |||||||
96,593 | Miraca Holdings, Inc | 4,250 | ||||||||
1,006,000 | * | Modern Dental Group Ltd | 534 | |||||||
171,303 | *,e | Molina Healthcare, Inc | 10,300 | |||||||
18,236 | Nagaileben Co Ltd | 312 | ||||||||
25,300 | Nakanishi, Inc | 986 | ||||||||
34,735 | e | National Healthcare Corp | 2,143 | |||||||
29,190 | e | National Research Corp | 468 | |||||||
125,635 | * | Natus Medical, Inc | 6,037 | |||||||
106,730 | * | Neogen Corp | 6,032 | |||||||
2,695,185 | Network Healthcare Holdings Ltd | 5,903 | ||||||||
2,271 | Neuca S.A. | 208 | ||||||||
41,488 | *,e | Nevro Corp | 2,801 | |||||||
190,300 | e | Nichii Gakkan Co | 1,385 | |||||||
62,300 | Nihon Kohden Corp | 1,507 | ||||||||
53,767 | e | Nikkiso Co Ltd | 425 | |||||||
469,400 | Nipro Corp | 5,133 | ||||||||
106,538 | NMC Health plc | 1,320 | ||||||||
12,550 | *,e,g | NNIT A.S. | 344 | |||||||
86,759 | *,e | Nobilis Health Corp | 245 |
85 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
19,303 | *,e | Novocure Ltd | $ | 432 | ||||||
196,460 | * | NuVasive, Inc | 10,630 | |||||||
156,144 | * | NxStage Medical, Inc | 3,421 | |||||||
295,419 | Odontoprev S.A. | 704 | ||||||||
1,681,186 | Olympus Corp | 66,186 | ||||||||
167,188 | * | Omnicell, Inc | 5,196 | |||||||
468,293 | * | OraSure Technologies, Inc | 3,016 | |||||||
145,942 | * | Oriola-KD Oyj (B Shares) | 685 | |||||||
45,506 | * | Orion Health Group Ltd | 99 | |||||||
63,943 | Orpea | 5,120 | ||||||||
76,698 | * | Orthofix International NV | 3,007 | |||||||
36,303 | * | Osstem Implant Co Ltd | 2,486 | |||||||
159,171 | Owens & Minor, Inc | 5,727 | ||||||||
49,765 | *,e | Oxford Immunotec Global plc | 572 | |||||||
14,700 | Paramount Bed Holdings Co Ltd | 522 | ||||||||
144,017 | Patterson Cos, Inc | 6,511 | ||||||||
270,899 | * | Pediatrix Medical Group, Inc | 19,413 | |||||||
10,429 | *,e | Penumbra, Inc | 561 | |||||||
241,875 | Pharmaniaga BHD | 358 | ||||||||
95,983 | * | PharMerica Corp | 3,359 | |||||||
349,500 | e | Phoenix Healthcare Group Co Ltd | 407 | |||||||
21,044 | Phonak Holding AG. | 2,674 | ||||||||
110,000 | Pihsiang Machinery Manufacturing Co Ltd | 238 | ||||||||
367,520 | *,e | Premier, Inc | 12,962 | |||||||
49,818 | *,e | Press Ganey Holdings, Inc | 1,572 | |||||||
1,170,968 | e | Primary Health Care Ltd | 1,981 | |||||||
33,829 | * | Providence Service Corp | 1,587 | |||||||
288,800 | PT Siloam International Hospitals Tbk | 205 | ||||||||
698,000 | *,e | PW Medtech Group Ltd | 165 | |||||||
267,008 | Qualicorp S.A. | 950 | ||||||||
130,132 | Quality Systems, Inc | 2,098 | ||||||||
297,466 | Quest Diagnostics, Inc | 21,162 | ||||||||
72,021 | *,e | Quidel Corp | 1,527 | |||||||
109,331 | * | RadNet, Inc | 676 | |||||||
224,305 | Raffles Medical Group Ltd | 658 | ||||||||
148,708 | Ramsay Health Care Ltd | 7,312 | ||||||||
18,943 | * | RaySearch Laboratories AB | 274 | |||||||
448,514 | e | Regis Healthcare Ltd | 1,896 | |||||||
4,510,600 | e | Religare Health Trust | 3,181 | |||||||
303,300 | e | Resmed, Inc | 16,284 | |||||||
139,853 | Rhoen Klinikum AG. | 4,195 | ||||||||
95,000 | Rion Co Ltd | 1,599 | ||||||||
139,841 | *,e | Rockwell Medical Technologies, Inc | 1,432 | |||||||
174,756 | * | RTI Biologics, Inc | 694 | |||||||
678,805 | e | Ryman Healthcare Ltd | 3,939 | |||||||
16,076 | Sartorius AG. | 4,201 | ||||||||
9,413 | Sartorius Stedim Biotech | 3,610 | ||||||||
30,743 | * | SeaSpine Holdings Corp | 528 | |||||||
31,014 | *,e | Second Sight Medical Products, Inc | 183 | |||||||
283,745 | Selcuk Ecza Deposu Ticaret ve Sanayi AS | 231 | ||||||||
336,387 | Select Medical Holdings Corp | 4,006 | ||||||||
16,920 | SEWOONMEDICAL Co Ltd | 77 |
86 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
2,346,994 | Shandong Weigao Group Medical Polymer Co Ltd | $ | 1,605 | |||||||
2,498,762 | Shanghai Pharmaceuticals Holding Co Ltd | 5,386 | ||||||||
111,340 | e | Sienna Senior Living, Inc | 1,299 | |||||||
2,584,463 | Sigma Pharmaceuticals Ltd | 1,618 | ||||||||
1,511,647 | Sinopharm Group Co | 6,035 | ||||||||
129,519 | * | Sirona Dental Systems, Inc | 14,191 | |||||||
743,029 | Smith & Nephew plc | 13,242 | ||||||||
221,935 | So-net M3, Inc | 4,602 | ||||||||
1,556,745 | e | Sonic Healthcare Ltd | 20,155 | |||||||
103,254 | *,e | Spectranetics Corp | 1,555 | |||||||
275,810 | g | Spire Healthcare Group plc | 1,273 | |||||||
732,056 | St. Jude Medical, Inc | 45,219 | ||||||||
146,000 | St. Shine Optical Co Ltd | 2,922 | ||||||||
98,726 | *,e | Staar Surgical Co | 705 | |||||||
347,905 | e | STERIS plc | 26,211 | |||||||
25,115 | * | STERIS plc (Temporary) | 1,892 | |||||||
10,075 | STRATEC Biomedical AG. | 665 | ||||||||
8,876 | Straumann Holding AG. | 2,694 | ||||||||
713,257 | e | Stryker Corp | 66,290 | |||||||
6,340 | Suheung Capsule Co Ltd | 228 | ||||||||
1,199,925 | e | Summerset Group Holdings Ltd | 3,341 | |||||||
1,857,600 | Supermax Corp BHD | 1,399 | ||||||||
35,875 | *,e | Surgery Partners, Inc | 735 | |||||||
122,519 | * | Surgical Care Affiliates, Inc | 4,878 | |||||||
31,445 | * | SurModics, Inc | 637 | |||||||
165,080 | Suzuken Co Ltd | 6,273 | ||||||||
205,398 | Sysmex Corp | 13,175 | ||||||||
48,755 | *,e | Tandem Diabetes Care, Inc | 576 | |||||||
266,075 | * | Team Health Holdings, Inc | 11,678 | |||||||
22,446 | *,e | Teladoc, Inc | 403 | |||||||
24,274 | Teleflex, Inc | 3,191 | ||||||||
496,580 | *,e | Tenet Healthcare Corp | 15,046 | |||||||
187,476 | Terumo Corp | 5,811 | ||||||||
195,500 | e | Toho Pharmaceutical Co Ltd | 4,752 | |||||||
23,800 | Tokai Corp (GIFU) | 682 | ||||||||
2,818,200 | Top Glove Corp BHD | 8,906 | ||||||||
7,028,000 | e | Town Health International Medical Group Ltd | 1,446 | |||||||
122,646 | *,e | TransEnterix, Inc | 304 | |||||||
102,959 | *,e | Triple-S Management Corp (Class B) | 2,462 | |||||||
41,049 | *,e | Trupanion, Inc | 401 | |||||||
22,000 | e | Tsuki Corp | 242 | |||||||
316,782 | *,e | Unilife Corp | 157 | |||||||
238,482 | United Drug plc | 2,103 | ||||||||
3,372,059 | UnitedHealth Group, Inc | 396,689 | ||||||||
126,524 | Universal American Corp | 886 | ||||||||
6,825,000 | e | Universal Health International Group Holding Ltd | 2,631 | |||||||
664,501 | Universal Health Services, Inc (Class B) | 79,401 | ||||||||
604,000 | *,g | Universal Medical Financial & Technical Advisory Services Co Ltd | 465 | |||||||
62,432 | e | US Physical Therapy, Inc | 3,351 | |||||||
10,104 | Utah Medical Products, Inc | 592 | ||||||||
6,803 | Value Added Technologies Co Lt | 227 |
87 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
140,310 | * | Varian Medical Systems, Inc | $ | 11,337 | ||||||
42,366 | * | Vascular Solutions, Inc | 1,457 | |||||||
426,826 | * | VCA Antech, Inc | 23,475 | |||||||
287,785 | *,e | Veeva Systems, Inc | 8,303 | |||||||
21,920 | *,e | Veracyte, Inc | 158 | |||||||
12,394,500 | Vibhavadi Medical Center PCL (Foreign) | 658 | ||||||||
6,504 | Vieworks Co Ltd | 245 | ||||||||
278,330 | e | Virtus Health Ltd | 1,310 | |||||||
100,600 | e | VITAL KSK Holdings, Inc | 819 | |||||||
62,395 | * | Vocera Communications, Inc | 761 | |||||||
292,191 | * | WellCare Health Plans, Inc | 22,852 | |||||||
238,977 | West Pharmaceutical Services, Inc | 14,391 | ||||||||
33,406 | * | William Demant Holding | 3,182 | |||||||
225,955 | *,e | Wright Medical Group NV | 5,464 | |||||||
17,187 | Ypsomed Holding AG. | 2,486 | ||||||||
81,797 | *,e | Zeltiq Aesthetics, Inc | 2,334 | |||||||
339,125 | Zimmer Holdings, Inc | 34,791 | ||||||||
TOTAL HEALTH CARE EQUIPMENT & SERVICES | 4,488,937 | |||||||||
HOUSEHOLD & PERSONAL PRODUCTS - 1.6% | ||||||||||
9,971 | Able C&C Co Ltd | 197 | ||||||||
115,900 | Aderans Co Ltd | 799 | ||||||||
39,147 | Amorepacific Corp | 13,738 | ||||||||
10,432 | Amorepacific Corp (Preference) | 2,033 | ||||||||
13,400 | Artnature, Inc | 118 | ||||||||
1,977,425 | e | Asaleo Care Ltd | 2,283 | |||||||
903,475 | e | Avon Products, Inc | 3,659 | |||||||
64,021 | * | Bajaj Corp Ltd | 410 | |||||||
767,953 | Beiersdorf AG. | 69,800 | ||||||||
7,710 | Bioland Ltd | 179 | ||||||||
204,402 | * | Central Garden and Pet Co (Class A) | 2,780 | |||||||
24,000 | Chlitina Holding Ltd | 249 | ||||||||
211,962 | Church & Dwight Co, Inc | 17,991 | ||||||||
27,297 | * | CKH Food & Health Ltd | 74 | |||||||
409,728 | Clorox Co | 51,966 | ||||||||
1,696,844 | Colgate-Palmolive Co | 113,044 | ||||||||
24,008 | * | Coreana Cosmetics Co Ltd | 219 | |||||||
3,813 | Cosmax BTI, Inc | 222 | ||||||||
36,452 | Cosmax, Inc | 5,656 | ||||||||
186,575 | e | Coty, Inc | 4,782 | |||||||
870,306 | Dabur India Ltd | 3,636 | ||||||||
76,100 | e | Dr Ci:Labo Co Ltd | 1,314 | |||||||
11,400 | Earth Chemical Co Ltd | 468 | ||||||||
128,983 | Edgewell Personal Care Co | 10,108 | ||||||||
136,701 | EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS | 124 | ||||||||
70,760 | *,e | Elizabeth Arden, Inc | 700 | |||||||
134,262 | e | Energizer Holdings, Inc | 4,573 | |||||||
1,556,125 | Estee Lauder Cos (Class A) | 137,032 | ||||||||
53,400 | *,e | Euglena Co Ltd | 798 | |||||||
33,849 | Eveready Industries India Ltd | 153 | ||||||||
154,000 | Fancl Corp | 2,130 |
88 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
10,323 | Gillette India Ltd | $ | 728 | |||||||
183,163 | Godrej Consumer Products Ltd | 3,642 | ||||||||
98,000 | Grape King Industrial Co | 543 | ||||||||
919,786 | Hengan International Group Co Ltd | 8,635 | ||||||||
48,321 | Henkel KGaA | 4,622 | ||||||||
289,241 | Henkel KGaA (Preference) | 32,280 | ||||||||
411,626 | *,e | Herbalife Ltd | 22,071 | |||||||
1,309,891 | Hindustan Lever Ltd | 17,071 | ||||||||
197,915 | * | HRG Group, Inc | 2,684 | |||||||
387,116 | * | Hypermarcas S.A. | 2,114 | |||||||
8,367 | e | Inter Parfums S.A. | 206 | |||||||
48,002 | Inter Parfums, Inc | 1,143 | ||||||||
346,755 | * | Jyothy Laboratories Ltd | 1,641 | |||||||
814,151 | Kao Corp | 41,838 | ||||||||
4,682,600 | Karex BHD | 4,497 | ||||||||
1,214,460 | Kimberly-Clark Corp | 154,601 | ||||||||
1,756,132 | Kimberly-Clark de Mexico S.A. de C.V. (Class A) | 4,114 | ||||||||
22,100 | Kobayashi Pharmaceutical Co Ltd | 1,815 | ||||||||
24,423 | Korea Kolmar Co Ltd | 1,959 | ||||||||
6,204 | Korea Kolmar Holdings Co Ltd | 341 | ||||||||
48,500 | Kose Corp | 4,484 | ||||||||
30,140 | LG Household & Health Care Ltd | 26,764 | ||||||||
201,000 | Lion Corp | 1,891 | ||||||||
105,118 | L’Oreal S.A. | 17,681 | ||||||||
50,479 | Mandom Corp | 2,036 | ||||||||
218,867 | Marico Ltd | 747 | ||||||||
218,867 | *,m | Marico Ltd (Temporary) | 747 | |||||||
37,931 | * | Medifast, Inc | 1,152 | |||||||
359,924 | * | Microbio Co Ltd | 289 | |||||||
9,700 | Milbon Co Ltd | 396 | ||||||||
169,150 | Natura Cosmeticos S.A. | 1,000 | ||||||||
45,086 | e | Natural Health Trends Corp | 1,512 | |||||||
37,703 | Nature’s Sunshine Products, Inc | 382 | ||||||||
13,800 | Noevir Holdings Co Ltd | 399 | ||||||||
288,401 | e | Nu Skin Enterprises, Inc (Class A) | 10,927 | |||||||
35,369 | * | Nutraceutical International Corp | 913 | |||||||
12,803 | Oil-Dri Corp of America | 472 | ||||||||
95,600 | Ontex Group NV | 3,399 | ||||||||
18,961 | e | Orchids Paper Products Co | 586 | |||||||
33,009 | * | Oriflame Holding AG. | 529 | |||||||
33,628 | Pacific Corp | 4,201 | ||||||||
137,700 | Pigeon Corp | 3,341 | ||||||||
42,400 | Pola Orbis Holdings, Inc | 2,795 | ||||||||
7,897,785 | Procter & Gamble Co | 627,163 | ||||||||
8,430,500 | PT Industri Jamu Dan Farmasi Sido Muncul Tbk | 335 | ||||||||
3,269,991 | PT Unilever Indonesia Tbk | 8,729 | ||||||||
223,968 | PZ Cussons plc | 938 | ||||||||
879,810 | Reckitt Benckiser Group plc | 81,406 | ||||||||
53,863 | * | Revlon, Inc (Class A) | 1,500 | |||||||
7,355,000 | e | Ruinian International Ltd | 747 | |||||||
11,641 | * | Sansung Life & Science Co Ltd | 294 | |||||||
276,491 | Shiseido Co Ltd | 5,737 |
89 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
68,144 | Spectrum Brands, Inc | $ | 6,937 | |||||||
828,452 | Svenska Cellulosa AB (B Shares) | 24,009 | ||||||||
303,499 | Uni-Charm Corp | 6,198 | ||||||||
2,935,979 | Unilever NV | 127,962 | ||||||||
1,857,810 | Unilever plc | 79,685 | ||||||||
39,703 | *,e | USANA Health Sciences, Inc | 5,072 | |||||||
330,000 | e | Vinda International Holdings Ltd | 652 | |||||||
56,828 | WD-40 Co | 5,606 | ||||||||
TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 1,827,393 | |||||||||
INSURANCE - 4.3% | ||||||||||
3,014,221 | e | ACE Ltd | 352,212 | |||||||
128,867 | Admiral Group plc | 3,149 | ||||||||
1,602,785 | Aegon NV | 9,064 | ||||||||
1,039,773 | Aflac, Inc | 62,282 | ||||||||
88,159 | Ageas | 4,092 | ||||||||
18,892,407 | AIA Group Ltd | 112,884 | ||||||||
13,585 | * | Alleghany Corp | 6,493 | |||||||
747,753 | Allianz AG. | 131,812 | ||||||||
500,862 | Allied World Assurance Co Holdings Ltd | 18,627 | ||||||||
1,969,102 | Allstate Corp | 122,262 | ||||||||
203,889 | Alm Brand AS | 1,437 | ||||||||
110,875 | * | AMBAC Financial Group, Inc | 1,562 | |||||||
266,527 | e | American Equity Investment Life Holding Co | 6,405 | |||||||
365,158 | American Financial Group, Inc | 26,321 | ||||||||
2,935,662 | American International Group, Inc | 181,923 | ||||||||
7,303 | American National Insurance Co | 747 | ||||||||
78,047 | Amerisafe, Inc | 3,973 | ||||||||
1,240,404 | Amlin plc | 12,129 | ||||||||
3,977,741 | AMP Ltd | 16,760 | ||||||||
303,971 | e | Amtrust Financial Services, Inc | 18,719 | |||||||
68,282 | Anadolu Hayat Emeklilik AS | 142 | ||||||||
207,131 | Anadolu Sigorta | 113 | ||||||||
13,200 | * | Anicom Holdings, Inc | 352 | |||||||
363,870 | Aon plc | 33,552 | ||||||||
199,500 | * | Arch Capital Group Ltd | 13,915 | |||||||
367,120 | Argo Group International Holdings Ltd | 21,968 | ||||||||
145,925 | Arthur J. Gallagher & Co | 5,974 | ||||||||
232,210 | Aspen Insurance Holdings Ltd | 11,216 | ||||||||
2,071,210 | Assicurazioni Generali S.p.A. | 37,834 | ||||||||
125,120 | Assurant, Inc | 10,077 | ||||||||
117,370 | Assured Guaranty Ltd | 3,102 | ||||||||
31,517 | * | Atlas Financial Holdings, Inc | 627 | |||||||
11,054,943 | Aviva plc | 83,912 | ||||||||
17,774 | AvivaSA Emeklilik ve Hayat AS. | 102 | ||||||||
4,957,016 | AXA S.A. | 135,443 | ||||||||
199,081 | Axis Capital Holdings Ltd | 11,192 | ||||||||
4,146 | Bajaj Finserv Ltd | 124 | ||||||||
45,433 | e | Baldwin & Lyons, Inc (Class B) | 1,092 | |||||||
36,350 | Baloise Holding AG. | 4,607 | ||||||||
999,046 | BB Seguridade Participacoes S.A. | 6,105 | ||||||||
1,255,926 | Beazley plc | 7,211 |
90 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
4,756,872 | * | Berkshire Hathaway, Inc (Class B) | $ | 628,097 | ||||||
98,356 | Brown & Brown, Inc | 3,157 | ||||||||
16,248,129 | Cathay Financial Holding Co Ltd | 22,763 | ||||||||
162,918 | Chesnara plc | 805 | ||||||||
2,981,718 | * | China Insurance International Holdings Co Ltd | 9,152 | |||||||
11,887,010 | China Life Insurance Co Ltd | 38,160 | ||||||||
11,199,276 | China Life Insurance Co Ltd (Taiwan) | 8,552 | ||||||||
3,200,818 | China Pacific Insurance Group Co Ltd | 13,099 | ||||||||
148,763 | Chubb Corp | 19,732 | ||||||||
123,749 | Cincinnati Financial Corp | 7,322 | ||||||||
182,348 | *,e | Citizens, Inc (Class A) | 1,355 | |||||||
16,856 | * | Clal Insurance | 206 | |||||||
4,371,790 | ClearView Wealth Ltd | 3,026 | ||||||||
19,990 | CNA Financial Corp | 703 | ||||||||
469,228 | CNP Assurances | 6,330 | ||||||||
593,859 | Conseco, Inc | 11,337 | ||||||||
1,885,480 | Corp Mapfre S.A. | 4,720 | ||||||||
277,625 | e | Cover-More Group Ltd | 444 | |||||||
73,170 | e | Crawford & Co (Class B) | 389 | |||||||
3,119,211 | Dai-ichi Mutual Life Insurance Co | 51,896 | ||||||||
236,684 | e | Delta Lloyd NV | 1,395 | |||||||
4,107,171 | Direct Line Insurance Group plc | 24,619 | ||||||||
408,482 | Discovery Holdings Ltd | 3,503 | ||||||||
47,514 | Donegal Group, Inc (Class A) | 669 | ||||||||
166,364 | Dongbu Insurance Co Ltd | 9,954 | ||||||||
43,364 | * | eHealth, Inc | 433 | |||||||
36,251 | e | EMC Insurance Group, Inc | 917 | |||||||
134,644 | Employers Holdings, Inc | 3,676 | ||||||||
70,419 | Endurance Specialty Holdings Ltd | 4,506 | ||||||||
33,507 | * | Enstar Group Ltd | 5,027 | |||||||
84,229 | e | Erie Indemnity Co (Class A) | 8,056 | |||||||
577,923 | esure Group plc | 2,160 | ||||||||
25,092 | Euler Hermes S.A. | 2,416 | ||||||||
231,367 | Everest Re Group Ltd | 42,361 | ||||||||
23,410 | Fairfax Financial Holdings Ltd | 11,114 | ||||||||
24,441 | FBD Holdings plc | 176 | ||||||||
34,767 | FBL Financial Group, Inc (Class A) | 2,213 | ||||||||
96,876 | Federated National Holding Co | 2,864 | ||||||||
78,363 | Fidelity & Guaranty Life | 1,988 | ||||||||
268,926 | First American Financial Corp | 9,654 | ||||||||
469,052 | FNF Group | 16,262 | ||||||||
2,005,580 | Fondiaria-Sai S.p.A | 5,102 | ||||||||
50,100 | FPC Par Corretora de Seguros S.A. | 122 | ||||||||
391,847 | * | Genworth Financial, Inc (Class A) | 1,462 | |||||||
293,499 | Gjensidige Forsikring BA | 4,697 | ||||||||
530,259 | Great-West Lifeco, Inc | 13,233 | ||||||||
73,297 | *,e | Greenlight Capital Re Ltd (Class A) | 1,371 | |||||||
132,306 | Grupo Catalana Occidente S.A. | 4,587 | ||||||||
51,981 | * | Hallmark Financial Services | 608 | |||||||
179,232 | Hannover Rueckversicherung AG. | 20,466 | ||||||||
35,776 | Hanover Insurance Group, Inc | 2,910 | ||||||||
135,015 | * | Hanwha Non-Life Insurance Co Ltd | 896 |
91 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
126,837 | Harel Insurance Investments & Finances Ltd | $ | 487 | |||||||
1,911,911 | Hartford Financial Services Group, Inc | 83,092 | ||||||||
34,165 | e | HCI Group, Inc | 1,191 | |||||||
13,354 | Helvetia Holding AG. | 7,522 | ||||||||
375,762 | * | Heritage Insurance Holdings, Inc | 8,199 | |||||||
396,598 | Hiscox Ltd | 6,149 | ||||||||
103,656 | Horace Mann Educators Corp | 3,439 | ||||||||
329,992 | Hyundai Marine & Fire Insurance Co Ltd | 10,111 | ||||||||
12,867 | IDI Insurance Co Ltd | 585 | ||||||||
26,016 | Independence Holding Co | 360 | ||||||||
115,857 | Industrial Alliance Insurance and Financial Services, Inc | 3,695 | ||||||||
47,374 | Infinity Property & Casualty Corp | 3,896 | ||||||||
2,816,416 | Insurance Australia Group Ltd | 11,311 | ||||||||
151,524 | Intact Financial Corp | 9,711 | ||||||||
26,082 | James River Group Holdings Ltd | 875 | ||||||||
369,500 | * | Japan Post Holdings Co Ltd | 5,733 | |||||||
129,300 | *,e | Japan Post Insurance Co Ltd | 3,351 | |||||||
239,035 | e | Just Retirement Group plc | 586 | |||||||
408 | Kansas City Life Insurance Co | 16 | ||||||||
106,169 | Kemper Corp | 3,955 | ||||||||
659,144 | Korea Life Insurance Co Ltd | 4,154 | ||||||||
269,869 | Korean Reinsurance Co | 3,245 | ||||||||
183,817 | e | Lancashire Holdings Ltd | 1,695 | |||||||
15,698,753 | Legal & General Group plc | 61,946 | ||||||||
399,287 | Liberty Holdings Ltd | 2,972 | ||||||||
137,650 | LIG Insurance Co Ltd | 3,413 | ||||||||
677,816 | Lincoln National Corp | 34,067 | ||||||||
208,039 | Loews Corp | 7,989 | ||||||||
46,768 | * | Lotte Non-Life Insurance Co Ltd | 119 | |||||||
152,921 | e | Maiden Holdings Ltd | 2,280 | |||||||
2,538,111 | Manulife Financial Corp | 38,043 | ||||||||
18,556 | * | Markel Corp | 16,391 | |||||||
1,157,509 | Marsh & McLennan Cos, Inc | 64,184 | ||||||||
225,520 | MAX India Ltd | 1,722 | ||||||||
335,205 | * | MBIA, Inc | 2,172 | |||||||
5,327,468 | Medibank Pvt Ltd | 8,307 | ||||||||
43,030 | * | Menorah Mivtachim Holdings Ltd | 369 | |||||||
635,465 | Mercuries & Associates Holding Ltd | 406 | ||||||||
3,912,609 | Mercuries Life Insurance Co Lt | 2,134 | ||||||||
32,469 | Mercury General Corp | 1,512 | ||||||||
50,788 | Meritz Fire & Marine Insurance Co Ltd | 697 | ||||||||
7,441,624 | Metlife, Inc | 358,761 | ||||||||
1,059,120 | Metropolitan Holdings Ltd | 1,502 | ||||||||
916,998 | Migdal Insurance Holdings Ltd | 667 | ||||||||
75,348 | * | Mirae Asset Life Insurance Co Ltd | 323 | |||||||
1,032,554 | Mitsui Sumitomo Insurance Group Holdings, Inc | 30,279 | ||||||||
397,900 | * | MPHB Capital BHD | 147 | |||||||
114,097 | Muenchener Rueckver AG. | 22,732 | ||||||||
256,940 | National General Holdings Corp | 5,617 | ||||||||
38,334 | National Interstate Corp | 1,024 | ||||||||
6,087 | National Western Life Group, Inc | 1,534 | ||||||||
58,951 | * | Navigators Group, Inc | 5,057 |
92 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
996,904 | New China Life insurance Co Ltd | $ | 4,166 | |||||||
321,599 | NKSJ Holdings, Inc | 10,560 | ||||||||
107,734 | NN Group NV | 3,801 | ||||||||
8,314,302 | Old Mutual plc | 21,872 | ||||||||
492,006 | Old Republic International Corp | 9,166 | ||||||||
126,571 | OneBeacon Insurance Group Ltd (Class A) | 1,571 | ||||||||
51,296 | PartnerRe Ltd | 7,168 | ||||||||
276,465 | Partnership Assurance Group plc | 559 | ||||||||
58,709 | *,e | Patriot National, Inc | 394 | |||||||
8,802,805 | People’s Insurance Co Group of China Ltd | 4,286 | ||||||||
177,213 | Phoenix Group Holdings | 2,388 | ||||||||
115,900 | * | Phoenix Holdings Ltd | 258 | |||||||
7,082,902 | e | PICC Property & Casualty Co Ltd | 13,978 | |||||||
8,499,654 | Ping An Insurance Group Co of China Ltd | 46,873 | ||||||||
108,004 | Porto Seguro S.A. | 784 | ||||||||
1,074,211 | Power Corp Of Canada | 22,467 | ||||||||
497,795 | e | Power Financial Corp | 11,444 | |||||||
1,098,298 | Powszechny Zaklad Ubezpieczen S.A. | 9,475 | ||||||||
171,842 | e | Primerica, Inc | 8,116 | |||||||
1,209,219 | Principal Financial Group | 54,391 | ||||||||
118,625 | ProAssurance Corp | 5,757 | ||||||||
674,936 | Progressive Corp | 21,463 | ||||||||
141,926 | * | Protector Forsikring ASA | 1,182 | |||||||
1,644,636 | Prudential Financial, Inc | 133,890 | ||||||||
5,818,115 | Prudential plc | 131,079 | ||||||||
57,256,000 | * | PT Panin Insurance Tbk | 2,247 | |||||||
117,257,400 | * | PT Panin Life Tbk | 1,564 | |||||||
99,766 | * | Qatar Insurance Co SAQ | 2,246 | |||||||
1,499,422 | QBE Insurance Group Ltd | 13,637 | ||||||||
476,300 | *,e | Qualitas Controladora SAB de C.V. | 600 | |||||||
350,622 | Reinsurance Group of America, Inc (Class A) | 29,996 | ||||||||
268,854 | RenaissanceRe Holdings Ltd | 30,432 | ||||||||
106,879 | e | RLI Corp | 6,600 | |||||||
604,761 | RMI Holdings | 1,512 | ||||||||
268,674 | e | RSA Insurance Group plc | 1,686 | |||||||
37,606 | Safety Insurance Group, Inc | 2,120 | ||||||||
1,183,100 | Sampo Oyj (A Shares) | 60,080 | ||||||||
39,999 | Samsung Fire & Marine Insurance Co Ltd | 10,456 | ||||||||
159,121 | Samsung Life Insurance Co Ltd | 14,870 | ||||||||
2,155,188 | Sanlam Ltd | 8,430 | ||||||||
324,180 | SCOR SE | 12,130 | ||||||||
141,326 | Selective Insurance Group, Inc | 4,746 | ||||||||
7,415,941 | Shin Kong Financial Holding Co Ltd | 1,607 | ||||||||
136,000 | Shinkong Insurance Co Ltd | 95 | ||||||||
480,321 | Societa Cattolica di Assicurazioni SCRL | 3,804 | ||||||||
1,941,392 | Sony Financial Holdings, Inc | 34,726 | ||||||||
567,083 | St. James’s Place plc | 8,405 | ||||||||
37,122 | Stancorp Financial Group, Inc | 4,227 | ||||||||
1,340,180 | Standard Life plc | 7,675 | ||||||||
39,098 | State Auto Financial Corp | 805 | ||||||||
102,337 | State National Cos, Inc | 1,004 | ||||||||
651,639 | e | Steadfast Group Ltd | 736 |
93 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
56,931 | Stewart Information Services Corp | $ | 2,125 | |||||||
390,748 | * | Storebrand ASA | 1,530 | |||||||
173,033 | Sul America SA | 812 | ||||||||
866,065 | e | Sun Life Financial, Inc | 27,008 | |||||||
999,076 | Suncorp-Metway Ltd | 8,772 | ||||||||
16,299 | Swiss Life Holding | 4,390 | ||||||||
686,956 | Swiss Re Ltd | 67,092 | ||||||||
781,200 | Syarikat Takaful Malaysia BHD | 710 | ||||||||
188,308 | Symetra Financial Corp | 5,983 | ||||||||
488,142 | T&D Holdings, Inc | 6,440 | ||||||||
137,000 | Taiwan Fire & Marine Insurance Co | 89 | ||||||||
2,600,200 | * | Thai Reinsurance PCL | 199 | |||||||
2,326,070 | *,e | Third Point Reinsurance Ltd | 31,193 | |||||||
1,050,968 | Tokio Marine Holdings, Inc | 40,593 | ||||||||
180,770 | Tong Yang Life Insurance | 1,787 | ||||||||
59,275 | * | Topdanmark AS | 1,684 | |||||||
125,138 | Torchmark Corp | 7,153 | ||||||||
525,522 | Travelers Cos, Inc | 59,310 | ||||||||
53,004 | Tryg A.S. | 1,053 | ||||||||
476,300 | Tune Ins Holdings BHD | 143 | ||||||||
1,621,468 | Unipol Gruppo Finanziario S.p.A | 8,340 | ||||||||
258,817 | Uniqa Versicherungen AG. | 2,109 | ||||||||
34,442 | * | United America Indemnity Ltd | 1,000 | |||||||
59,537 | United Fire & Casualty Co | 2,281 | ||||||||
156,036 | United Insurance Holdings Corp | 2,668 | ||||||||
123,376 | e | Universal Insurance Holdings, Inc | 2,860 | |||||||
209,587 | UnumProvident Corp | 6,977 | ||||||||
697,218 | Validus Holdings Ltd | 32,274 | ||||||||
50,293 | Vittoria Assicurazioni S.p.A. | 549 | ||||||||
841,728 | W.R. Berkley Corp | 46,085 | ||||||||
7,539 | White Mountains Insurance Group Ltd | 5,479 | ||||||||
6,669 | Wiener Staedtische Allgemeine Versicherung AG. | 182 | ||||||||
10,189 | *,e | Willis Group Holdings plc | 495 | |||||||
3,933,693 | XL Capital Ltd | 154,122 | ||||||||
423,408 | Zurich Financial Services AG. | 108,773 | ||||||||
TOTAL INSURANCE | 4,807,683 | |||||||||
MATERIALS - 4.3% | ||||||||||
73,551 | A. Schulman, Inc | 2,254 | ||||||||
21,230 | Aarti Industries | 167 | ||||||||
140,541 | e | Acerinox S.A. | 1,434 | |||||||
324,000 | Achilles Corp | 417 | ||||||||
35,840 | Acron JSC (GDR) | 182 | ||||||||
46,912 | Adana Cimento | 99 | ||||||||
72,000 | ADEKA Corp | 1,024 | ||||||||
1,322,566 | Adelaide Brighton Ltd | 4,547 | ||||||||
254,442 | Aeci Ltd | 1,459 | ||||||||
32,746 | * | AEP Industries, Inc | 2,526 | |||||||
143,362 | African Barrick Gold Ltd | 378 | ||||||||
151,429 | e | African Oxygen Ltd | 127 | |||||||
104,571 | e | African Rainbow Minerals Ltd | 294 | |||||||
314,066 | Agnico-Eagle Mines Ltd | 8,255 |
94 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
245,882 | e | Agrium, Inc | $ | 21,976 | ||||||
355,000 | Aichi Steel Corp | 1,663 | ||||||||
113,626 | e | Air Liquide | 12,756 | |||||||
140,802 | Air Products & Chemicals, Inc | 18,320 | ||||||||
127,422 | Air Water, Inc | 2,049 | ||||||||
39,863 | Airgas, Inc | 5,514 | ||||||||
28,183 | AK Holdings, Inc | 1,512 | ||||||||
306,610 | *,e | AK Steel Holding Corp | 687 | |||||||
76,986 | Akcansa Cimento AS | 349 | ||||||||
9,420 | Akzo Nobel India Ltd | 200 | ||||||||
570,059 | Akzo Nobel NV | 38,091 | ||||||||
238,286 | Alamos Gold, Inc | 784 | ||||||||
3,987,570 | e | Albemarle Corp | 223,344 | |||||||
2,438,039 | Alcoa, Inc | 24,063 | ||||||||
4,000 | Alexandria Mineral Oils Co | 13 | ||||||||
228,109 | e | Allegheny Technologies, Inc | 2,566 | |||||||
1,821,500 | e | Alpek SAB de C.V. | 2,557 | |||||||
33,277 | e | Altius Minerals Corp | 244 | |||||||
551,833 | Altri SGPS S.A. | 2,856 | ||||||||
1,941,523 | e | Alumina Ltd | 1,620 | |||||||
5,087,171 | *,e | Aluminum Corp of China Ltd | 1,670 | |||||||
1,085,885 | Ambuja Cements Ltd | 3,321 | ||||||||
2,485,801 | Amcor Ltd | 24,150 | ||||||||
71,978 | American Vanguard Corp | 1,008 | ||||||||
4,839,000 | AMVIG Holdings Ltd | 2,011 | ||||||||
618,585 | * | Anadolu Cam Sanayii AS | 351 | |||||||
768,819 | * | Anatolia Minerals Development Ltd | 1,372 | |||||||
2,129,522 | Anglo American plc (London) | 9,343 | ||||||||
68,647 | *,e | Anglo Platinum Ltd | 827 | |||||||
661,601 | * | AngloGold Ashanti Ltd | 4,537 | |||||||
1,475,291 | Anhui Conch Cement Co Ltd | 3,944 | ||||||||
461,444 | e | Antofagasta plc | 3,174 | |||||||
101,806 | *,e | APERAM | 3,620 | |||||||
84,337 | Aptargroup, Inc | 6,127 | ||||||||
220,660 | Arabian Cement Co | 280 | ||||||||
1,111,291 | e | ArcelorMittal | 4,689 | |||||||
364,040 | Arkema | 25,482 | ||||||||
28,274 | Asahi Holdings, Inc | 441 | ||||||||
1,634,044 | Asahi Kasei Corp | 11,050 | ||||||||
458,998 | *,e | Asanko Gold, Inc | 673 | |||||||
112,921 | Ashland, Inc | 11,597 | ||||||||
1,302,000 | Asia Cement China Holdings Corp | 309 | ||||||||
1,164 | Asia Cement Co Ltd | 98 | ||||||||
5,358,495 | Asia Cement Corp | 4,459 | ||||||||
786 | Asia Holdings Co Ltd | 68 | ||||||||
314,125 | Asia Polymer | 164 | ||||||||
468,609 | Asian Paints Ltd | 6,243 | ||||||||
49,025 | Associated Cement Co Ltd | 1,005 | ||||||||
137,579 | e | Assore Ltd | 555 | |||||||
7,302 | Atul Ltd | 177 | ||||||||
140,720 | Aurubis AG. | 7,126 | ||||||||
356,528 | Avery Dennison Corp | 22,340 |
95 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
103,246 | * | Axalta Coating Systems Ltd | $ | 2,752 | ||||||
2,650,369 | e | Axiall Corp | 40,816 | |||||||
767,215 | * | B2Gold Corp | 776 | |||||||
78,208 | Balchem Corp | 4,755 | ||||||||
160,319 | Ball Corp | 11,660 | ||||||||
1,129,064 | Barrick Gold Corp (Canada) | 8,356 | ||||||||
8,644 | BASF India Ltd | 123 | ||||||||
966,636 | BASF SE | 73,636 | ||||||||
15,767 | Bayer CropScience Ltd | 822 | ||||||||
7,350,000 | e | BBMG Corp | 4,965 | |||||||
59,883 | e | Bekaert S.A. | 1,845 | |||||||
166,314 | Bemis Co, Inc | 7,433 | ||||||||
2,295,200 | Bengang Steel Plates Co | 843 | ||||||||
256,218 | Berger Paints India Ltd | 1,039 | ||||||||
3,580,028 | * | Berry Plastics Group, Inc | 129,525 | |||||||
3,742,381 | BHP Billiton Ltd | 48,163 | ||||||||
3,544,124 | BHP Billiton plc | 39,523 | ||||||||
990,302 | Billerud AB | 18,327 | ||||||||
165,000 | e | Bloomage Biotechnology Corp Ltd | 408 | |||||||
1,078,568 | BlueScope Steel Ltd | 3,443 | ||||||||
106,942 | * | Boise Cascade Co | 2,730 | |||||||
1,653,024 | Boliden AB | 27,695 | ||||||||
2,401,202 | Boral Ltd | 10,266 | ||||||||
249,379 | Borregaard ASA | 1,388 | ||||||||
35,346 | Borusan Mannesmann Boru Sanayi | 71 | ||||||||
203,728 | Boryszew S.A. | 244 | ||||||||
43,278 | e | BRAAS Monier Building Group S.A. | 1,249 | |||||||
221,500 | Bradespar S.A. | 277 | ||||||||
373,396 | Braskem S.A. | 2,595 | ||||||||
52,424 | Brickworks Ltd | 600 | ||||||||
53,660 | Brush Engineered Materials, Inc | 1,502 | ||||||||
57,442 | e | Buzzi Unicem S.p.A. | 1,030 | |||||||
104,093 | Buzzi Unicem S.p.A. RSP | 1,150 | ||||||||
5,300 | C Uyemura & Co Ltd | 226 | ||||||||
278,712 | Cabot Corp | 11,394 | ||||||||
133,542 | e | Calgon Carbon Corp | 2,304 | |||||||
101,041 | Canam Group, Inc | 1,014 | ||||||||
141,545 | * | Canfor Corp | 2,065 | |||||||
76,923 | Canfor Pulp Products, Inc | 752 | ||||||||
73,144 | CAP S.A. | 177 | ||||||||
129,513 | Carpenter Technology Corp | 3,920 | ||||||||
240,263 | Cascades, Inc | 2,207 | ||||||||
88,256 | CCL Industries | 14,311 | ||||||||
201,665 | Celanese Corp (Series A) | 13,578 | ||||||||
41,458 | Cementir S.p.A. | 264 | ||||||||
463,894 | Cementos Argos S.A. | 1,420 | ||||||||
162,131 | * | Cemex Latam Holdings S.A. | 526 | |||||||
29,107,721 | *,e | Cemex S.A. de C.V. | 15,927 | |||||||
534,335 | *,e | Cemex SAB de C.V. (ADR) | 2,976 | |||||||
3,999,042 | Centamin plc | 3,787 | ||||||||
614,917 | Centerra Gold, Inc | 2,929 | ||||||||
284,778 | *,e | Century Aluminum Co | 1,259 |
96 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
44,728 | Century Plyboards India Ltd | $ | 114 | |||||||
1,588,125 | Century Sunshine Ecological Technology Holdings Ltd | 159 | ||||||||
22,397 | Century Textile & Industries Ltd | 201 | ||||||||
587,767 | CF Industries Holdings, Inc | 23,987 | ||||||||
19,207 | Chase Corp | 782 | ||||||||
138,267 | Chemours Co | 741 | ||||||||
210,808 | * | Chemtura | 5,749 | |||||||
707,560 | Cheng Loong Corp | 244 | ||||||||
475,925 | Chia Hsin Cement Corp | 138 | ||||||||
1,842,695 | China BlueChemical Ltd | 499 | ||||||||
4,680,000 | * | China Daye Non-Ferrous Metals Mining Ltd | 85 | |||||||
147,000 | China Hi-ment Corp | 267 | ||||||||
885,000 | * | China Manmade Fibers Corp | 230 | |||||||
659,372 | China Metal Products | 526 | ||||||||
1,329,340 | *,e,m | China Metal Recycling Holdings Ltd | 2 | |||||||
10,067,248 | China National Building Material Co Ltd | 4,789 | ||||||||
1,179,000 | e | China National Materials Co Ltd | 224 | |||||||
2,178,628 | * | China Petrochemical Development Corp | 524 | |||||||
1,537,200 | * | China Rare Earth Holdings Ltd | 130 | |||||||
547,000 | *,e | China Sanjiang Fine Chemicals | 95 | |||||||
6,683,200 | *,e,m | China Shanshui Cement Group Ltd | 4,068 | |||||||
652,000 | e | China Silver Group Ltd | 169 | |||||||
139,000 | China Steel Chemical Corp | 449 | ||||||||
13,218,442 | China Steel Corp | 7,206 | ||||||||
1,132,190 | China Synthetic Rubber Corp | 793 | ||||||||
538,000 | * | Chongqing Iron & Steel Co Ltd | 83 | |||||||
142,077 | Christian Hansen Holding | 8,887 | ||||||||
204,000 | Chugoku Marine Paints Ltd | 1,498 | ||||||||
815,720 | * | Chung Hung Steel Corp | 118 | |||||||
325,540 | Chung Hwa Pulp Corp | 96 | ||||||||
265,545 | *,e | Cia de Minas Buenaventura S.A. (ADR) (Series B) | 1,137 | |||||||
659,568 | Cia Siderurgica Nacional S.A. | 661 | ||||||||
54,965 | * | Ciech S.A. | 1,205 | |||||||
163,004 | Cimsa Cimento Sanayi Ve Tica | 854 | ||||||||
962,000 | * | Citic Dameng Holdings | 65 | |||||||
1,889,373 | Clariant AG. | 35,824 | ||||||||
87,668 | * | Clearwater Paper Corp | 3,992 | |||||||
1,144,218 | *,e | Cliffs Natural Resources, Inc | 1,808 | |||||||
336,463 | *,e | Coeur Mining, Inc | 834 | |||||||
336,313 | Commercial Metals Co | 4,604 | ||||||||
86,132 | *,m | Companhia Vale do Rio Doce | 0 | |||||||
93,433 | Compass Minerals International, Inc | 7,033 | ||||||||
296,832 | * | Constellium NV | 2,286 | |||||||
18,342 | * | Core Molding Technologies, Inc | 235 | |||||||
115,082 | Coromandel International Ltd | 326 | ||||||||
440,000 | e | CPMC Holdings Ltd | 270 | |||||||
2,122,411 | CRH plc | 61,208 | ||||||||
707,531 | Croda International plc | 31,701 | ||||||||
898,577 | * | Crown Holdings, Inc | 45,558 | |||||||
453,552 | CSR Ltd | 947 | ||||||||
173,780 | *,e,m | Cudeco Ltd | 140 | |||||||
7,786,200 | D&L Industries Inc | 1,512 |
97 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
502,000 | Da Ming International Holdings Ltd | $ | 142 | |||||||
509,807 | Daicel Chemical Industries Ltd | 7,587 | ||||||||
737,000 | Daido Steel Co Ltd | 2,946 | ||||||||
98,000 | Daiken Corp | 289 | ||||||||
213,857 | Dainichiseika Color & Chemicals Manufacturing Co Ltd | 1,000 | ||||||||
1,052,845 | Dainippon Ink and Chemicals, Inc | 2,849 | ||||||||
64,872 | e | Daio Paper Corp | 556 | |||||||
184,000 | Daiso Co Ltd | 704 | ||||||||
19,796 | Dalmia Bharat Ltd | 258 | ||||||||
221,200 | * | Danhua Chemical Technology Co Ltd | 161 | |||||||
20,815 | DC Chemical Co Ltd | 1,312 | ||||||||
27,489 | Deltic Timber Corp | 1,618 | ||||||||
1,480,000 | Denki Kagaku Kogyo KK | 6,558 | ||||||||
168,456 | * | Detour Gold Corp | 1,754 | |||||||
10,699 | * | Dhanuka Agritech Ltd | 83 | |||||||
272,987 | Dominion Diamond Corp | 2,790 | ||||||||
440,775 | Domtar Corp | 16,287 | ||||||||
48,784 | * | Dongkuk Steel Mill Co Ltd | 237 | |||||||
748,000 | Dongpeng Holdings Co Ltd | 291 | ||||||||
2,946,000 | Dongyue Group | 744 | ||||||||
6,760,089 | Dow Chemical Co | 348,009 | ||||||||
392,000 | Dowa Holdings Co Ltd | 2,819 | ||||||||
1,152,608 | DS Smith plc | 6,742 | ||||||||
49,782 | DSM NV | 2,496 | ||||||||
2,229,065 | Du Pont (E.I.) de Nemours & Co | 148,456 | ||||||||
338,352 | DuluxGroup Ltd | 1,628 | ||||||||
44,413 | Eagle Materials, Inc | 2,684 | ||||||||
732,000 | Eastern Polymer Group PCL | 265 | ||||||||
444,600 | Eastman Chemical Co | 30,015 | ||||||||
250,680 | Ecolab, Inc | 28,673 | ||||||||
104,458 | EID Parry India Ltd | 312 | ||||||||
197,404 | * | El Ezz Steel Co | 224 | |||||||
1,176,155 | Eldorado Gold Corp | 3,485 | ||||||||
1,504,274 | e | Elementis plc | 5,066 | |||||||
2,520,886 | Empresas CMPC S.A. | 5,439 | ||||||||
7,284 | EMS-Chemie Holding AG. | 3,206 | ||||||||
119,550 | e | Ence Energia y Celulosa S.A. | 451 | |||||||
610,900 | Engro Chemical Pakistan Ltd | 1,627 | ||||||||
4,766 | *,e | Eramet | 153 | |||||||
2,252,874 | Eregli Demir ve Celik Fabrikalari TAS | 2,344 | ||||||||
1,396,651 | Essentra plc | 17,025 | ||||||||
1,551,880 | Eternal Chemical Co Ltd | 1,492 | ||||||||
35,500 | Eugene Corp | 132 | ||||||||
363,932 | Everlight Chemical Industrial Corp | 221 | ||||||||
2,303,408 | e | Evolution Mining Ltd | 2,341 | |||||||
240,655 | *,e | Evolva Holdings S.A. | 275 | |||||||
443,547 | Evonik Industries AG. | 14,671 | ||||||||
308,754 | * | Evraz plc | 333 | |||||||
390,050 | Feng Hsin Iron & Steel Co | 455 | ||||||||
316,412 | Ferrexpo plc | 100 | ||||||||
329,115 | * | Ferro Corp | 3,660 | |||||||
291,752 | Fibria Celulose S.A. | 3,830 |
98 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
29,982 | * | Finolex Industries Ltd | $ | 136 | ||||||
114,631 | *,e | First Majestic Silver Corp | 374 | |||||||
904,012 | First Quantum Minerals Ltd | 3,384 | ||||||||
4,681,577 | Fletcher Building Ltd | 23,462 | ||||||||
132,436 | *,e | Flotek Industries, Inc | 1,515 | |||||||
64,612 | FMC Corp | 2,528 | ||||||||
52,978 | * | Foosung Co Ltd | 240 | |||||||
3,969,690 | Formosa Chemicals & Fibre Corp | 8,905 | ||||||||
5,056,701 | Formosa Plastics Corp | 11,805 | ||||||||
382,000 | Formosan Rubber Group, Inc | 192 | ||||||||
3,508,462 | e | Fortescue Metals Group Ltd | 4,721 | |||||||
113,060 | * | Fortuna Silver Mines, Inc | 254 | |||||||
169,791 | m | Foshan Huaxin Packaging Co Ltd | 208 | |||||||
21,100 | FP Corp | 763 | ||||||||
246,275 | e | Franco-Nevada Corp | 11,266 | |||||||
2,514,682 | Freeport-McMoRan Copper & Gold, Inc (Class B) | 17,024 | ||||||||
225,892 | Fresnillo plc | 2,349 | ||||||||
33,108 | Frutarom Industries Ltd | 1,778 | ||||||||
148,007 | Fuchs Petrolub AG. (Preference) | 6,969 | ||||||||
3,798,200 | e | Fufeng Group Ltd | 1,708 | |||||||
16,952 | Fuji Seal International, Inc | 510 | ||||||||
47,700 | Fujimi, Inc | 660 | ||||||||
31,300 | Fujimori Kogyo Co Ltd | 814 | ||||||||
1,471,000 | e | Furukawa-Sky Aluminum Corp | 3,437 | |||||||
2,483,800 | e | Fushan International Energy Group Ltd | 319 | |||||||
57,417 | FutureFuel Corp | 775 | ||||||||
99,357 | Gem Diamonds Ltd | 193 | ||||||||
875,007 | Gerdau S.A. (Preference) | 1,019 | ||||||||
4,450 | Givaudan S.A. | 8,077 | ||||||||
208,490 | Glatfelter | 3,845 | ||||||||
683,337 | * | Gleichen Resources Ltd | 622 | |||||||
12,881,591 | Glencore Xstrata plc | 17,070 | ||||||||
1,394,192 | Gloria Material Technology Corp | 760 | ||||||||
710,000 | Godo Steel Ltd | 1,401 | ||||||||
89,145 | Godrej Industries Ltd | 509 | ||||||||
1,588,096 | Gold Fields Ltd | 4,343 | ||||||||
1,164,001 | Goldcorp, Inc | 13,451 | ||||||||
8,626,418 | Goldsun Development & Construction Co Ltd | 2,343 | ||||||||
929,000 | Grand Pacific Petrochemical | 436 | ||||||||
180,577 | e | Granges AB | 1,489 | |||||||
2,191,705 | Graphic Packaging Holding Co | 28,120 | ||||||||
605,755 | *,m | Great Basin Gold Ltd | 4 | |||||||
149,000 | Great China Metal Industry | 128 | ||||||||
2,552,000 | Greatview Aseptic Packaging Co | 1,154 | ||||||||
29,000 | Green Seal Holding Ltd | 104 | ||||||||
79,273 | Greif, Inc (Class A) | 2,442 | ||||||||
72,017,560 | G-Resources Group Ltd | 1,710 | ||||||||
556,488 | Grupo Argos S.A. | 2,840 | ||||||||
6,756,030 | Grupo Mexico S.A. de C.V. (Series B) | 14,422 | ||||||||
97,900 | *,e | Grupo Simec SAB de C.V. | 219 | |||||||
85,757 | Gubre Fabrikalari TAS | 167 | ||||||||
33,234 | Gujarat Flourochemicals | 271 |
99 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
125,349 | * | Guyana Goldfields, Inc | $ | 279 | ||||||
128,385 | H.B. Fuller Co | 4,682 | ||||||||
29,222 | Han Kuk Carbon Co Ltd | 161 | ||||||||
11,812 | Hanil Cement Manufacturing | 1,059 | ||||||||
8,409 | Hansol Chemical Co Ltd | 443 | ||||||||
31,716 | * | Hansol Paper Co | 186 | |||||||
11,634 | * | Hansol Paper Co Ltd | 203 | |||||||
129,861 | Hanwha Chemical Corp | 2,959 | ||||||||
388,564 | *,e | Harmony Gold Mining Co Ltd | 393 | |||||||
27,138 | Hawkins, Inc | 971 | ||||||||
37,330 | Haynes International, Inc | 1,370 | ||||||||
405,886 | * | Headwaters, Inc | 6,847 | |||||||
923,740 | e | Hecla Mining Co | 1,746 | |||||||
40,786 | HeidelbergCement AG. | 3,324 | ||||||||
499,533 | Hexpol AB | 5,356 | ||||||||
1,359,046 | Hindalco Industries Ltd | 1,733 | ||||||||
133,782 | Hitachi Chemical Co Ltd | 2,122 | ||||||||
192,034 | Hitachi Metals Ltd | 2,369 | ||||||||
728,837 | * | Ho Tung Chemical Corp | 162 | |||||||
225,566 | *,e | Hochschild Mining plc | 160 | |||||||
176,229 | e | Hokuetsu Paper Mills Ltd | 1,039 | |||||||
369,166 | Holcim Ltd | 18,486 | ||||||||
43,170 | Holmen AB (B Shares) | 1,333 | ||||||||
38,771 | Honam Petrochemical Corp | 7,911 | ||||||||
3,136,000 | * | Honbridge Holdings Ltd | 394 | |||||||
52,155 | *,e | Horsehead Holding Corp | 107 | |||||||
32,970 | * | HS Industries Co Ltd | 211 | |||||||
29,649 | HSIL Ltd | 134 | ||||||||
2,543,000 | Huabao International Holdings Ltd | 922 | ||||||||
279,620 | Huaxin Cement Co Ltd | 222 | ||||||||
570,300 | m | Hubei Sanonda Co Ltd | 502 | |||||||
23,316 | Huchems Fine Chemical Corp | 303 | ||||||||
204,299 | HudBay Minerals, Inc | 784 | ||||||||
202,154 | Huhtamaki Oyj | 7,336 | ||||||||
303,825 | Huntsman Corp | 3,455 | ||||||||
47,651 | Hyosung Corp | 4,713 | ||||||||
144,940 | Hyundai Steel Co | 6,108 | ||||||||
341,585 | * | IAMGOLD Corp | 486 | |||||||
30,600 | e | Ihara Chemical Industry Co Ltd | 420 | |||||||
464,202 | Iluka Resources Ltd | 2,053 | ||||||||
39,311 | IMCD Group NV | 1,454 | ||||||||
9,849 | Imerys S.A. | 688 | ||||||||
674,802 | *,e | Impala Platinum Holdings Ltd | 1,092 | |||||||
42,994 | * | Imperial Metals Corp | 207 | |||||||
3,684,405 | Incitec Pivot Ltd | 10,528 | ||||||||
353,380 | Independence Group NL | 649 | ||||||||
161,865 | * | India Cements Ltd | 236 | |||||||
1,303,778 | Indorama Ventures PCL (Foreign) | 764 | ||||||||
145,100 | *,e | Industrias CH SAB de C.V. | 469 | |||||||
165,340 | Industrias Penoles S.A. de C.V. | 1,700 | ||||||||
384,620 | Inner Mongolia Eerduosi Resourses Co Ltd | 380 | ||||||||
85,934 | Innophos Holdings, Inc | 2,490 |
100 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
89,898 | Innospec, Inc | $ | 4,882 | |||||||
60,905 | * | Interfor Corp | 618 | |||||||
121,019 | e | International Flavors & Fragrances, Inc | 14,479 | |||||||
460,388 | International Paper Co | 17,357 | ||||||||
194,293 | Intertape Polymer Group, Inc | 2,624 | ||||||||
277,760 | *,e | Intrepid Potash, Inc | 819 | |||||||
338,000 | * | Ishihara Sangyo Kaisha Ltd | 287 | |||||||
622,206 | Israel Chemicals Ltd | 2,526 | ||||||||
3,275 | Israel Corp Ltd | 594 | ||||||||
166,838 | Italcementi S.p.A. | 1,858 | ||||||||
8,779 | e | Italmobiliare S.p.A. | 401 | |||||||
23,194 | Italmobiliare S.p.A. RSP | 750 | ||||||||
477,300 | * | Ivanhoe Mines Ltd | 210 | |||||||
31,459 | *,e,m | Jacana Minerals Ltd | 5 | |||||||
675,872 | James Hardie Industries NV | 8,521 | ||||||||
47,978 | * | Jastrzebska Spolka Weglowa S.A. | 130 | |||||||
393,000 | Jaya Tiasa Holdings BHD | 121 | ||||||||
377,846 | JFE Holdings, Inc | 5,933 | ||||||||
1,717,230 | Jiangxi Copper Co Ltd | 2,027 | ||||||||
109,740 | Jindal Saw Ltd | 104 | ||||||||
353,265 | * | Jindal Steel & Power Ltd | 510 | |||||||
225,172 | * | Jinshan Gold Mines, Inc | 338 | |||||||
16,154 | JK Cement Ltd | 140 | ||||||||
27,652 | * | JK Lakshmi Cement Ltd | 137 | |||||||
94,651 | Johnson Matthey plc | 3,703 | ||||||||
10,900 | JSP Corp | 227 | ||||||||
281,065 | JSR Corp | 4,380 | ||||||||
114,904 | * | JSW Steel Ltd | 1,787 | |||||||
480,213 | K&S AG. | 12,241 | ||||||||
52,466 | Kaiser Aluminum Corp | 4,389 | ||||||||
476,638 | Kaneka Corp | 4,954 | ||||||||
221,165 | Kansai Nerolac Paints Ltd | 903 | ||||||||
329,524 | Kansai Paint Co Ltd | 4,995 | ||||||||
39,000 | Kanto Denka Kogyo Co Ltd | 256 | ||||||||
501,478 | Kapstone Paper and Packaging Corp | 11,328 | ||||||||
108,553 | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (Class A) | 52 | ||||||||
657,106 | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (Class D) | 245 | ||||||||
233,855 | *,e | KAZ Minerals plc | 350 | |||||||
87,695 | e | Kemira Oyj | 1,033 | |||||||
292,074 | KGHM Polska Miedz S.A. | 4,711 | ||||||||
1,445,426 | * | Kinross Gold Corp | 2,622 | |||||||
280,040 | * | Kirkland Lake Gold, Inc | 980 | |||||||
18,729 | KISCO Corp | 646 | ||||||||
5,136 | KISWIRE Ltd | 166 | ||||||||
605,068 | Klabin S.A. | 3,580 | ||||||||
2,552,700 | Klabin S.A. (Preference) | 2,453 | ||||||||
25,955 | KMG Chemicals, Inc | 598 | ||||||||
42,000 | Koatsu Gas Kogyo Co Ltd | 235 | ||||||||
2,628,798 | Kobe Steel Ltd | 2,856 | ||||||||
36,929 | Kolon Corp | 2,390 |
101 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
16,082 | Kolon Industries, Inc | $ | 855 | |||||||
12,400 | Konishi Co Ltd | 278 | ||||||||
1,031 | Konya Cimento Sanayii | 112 | ||||||||
108,529 | Koppers Holdings, Inc | 1,981 | ||||||||
16,717 | Korea Kumho Petrochemical | 733 | ||||||||
20,761 | Korea Petrochemical Ind Co Ltd | 2,996 | ||||||||
12,361 | Korea Zinc Co Ltd | 4,923 | ||||||||
259,853 | Koza Altin Isletmeleri AS | 1,095 | ||||||||
155,458 | * | Koza Anadolu Metal Madencilik Isletmeleri AS | 64 | |||||||
205,557 | * | Kraton Polymers LLC | 3,414 | |||||||
58,032 | e | Kronos Worldwide, Inc | 327 | |||||||
1,242,000 | *,e | KuangChi Science Ltd | 514 | |||||||
22,912 | Kukdo Chemical Co Ltd | 1,150 | ||||||||
37,800 | e | Kumiai Chemical Industry Co Ltd | 410 | |||||||
1,937 | Kumkang Kind Co Ltd | 64 | ||||||||
80,689 | Kuraray Co Ltd | 977 | ||||||||
165,000 | e | Kureha CORP | 636 | |||||||
338,000 | e | Kurimoto Ltd | 637 | |||||||
106,800 | Kyoei Steel Ltd | 1,912 | ||||||||
237,786 | e | Labrador Iron Ore Royalty Corp | 1,648 | |||||||
446,420 | Lafarge Malayan Cement BHD | 923 | ||||||||
136,930 | * | LafargeHolcim Ltd | 6,927 | |||||||
1,396,100 | *,e | Lake Shore Gold Corp | 1,130 | |||||||
325,447 | Lanxess AG. | 14,976 | ||||||||
5,326,000 | Lee & Man Paper Manufacturing Ltd | 2,962 | ||||||||
516,448 | * | LEE Chang Yung Chem IND Corp | 520 | |||||||
14,890 | Lenzing AG. | 1,125 | ||||||||
90,423 | LG Chem Ltd | 24,964 | ||||||||
9,763 | LG Chem Ltd (Preference) | 2,040 | ||||||||
478,681 | Linde AG. | 69,149 | ||||||||
36,600 | Lintec Corp | 770 | ||||||||
6,177 | Lion Chemtech Co Ltd | 74 | ||||||||
18,611 | Lock & Lock Co Ltd | 194 | ||||||||
1,373,901 | Long Chen Paper Co Ltd | 444 | ||||||||
3,631 | *,e | Lonmin plc | 4 | |||||||
5,804,275 | *,e | Louisiana-Pacific Corp | 104,535 | |||||||
51,978 | *,e | LSB Industries, Inc | 377 | |||||||
681,857 | Lucara Diamond Corp | 1,109 | ||||||||
476,000 | Luks Group Vietnam Holdings Ltd | 160 | ||||||||
562,400 | * | Lundin Mining Corp | 1,545 | |||||||
1,009,440 | LyondellBasell Industries AF S.C.A | 87,720 | ||||||||
87,157 | * | Madras Cements Ltd | 511 | |||||||
51,331 | * | MAG. Silver Corp | 362 | |||||||
161,300 | * | Magnesita Refratarios S.A. | 118 | |||||||
70,878 | e | Major Drilling Group International | 224 | |||||||
251,500 | Maple Leaf Cement Factory Ltd | 179 | ||||||||
62,385 | Martin Marietta Materials, Inc | 8,521 | ||||||||
218,924 | e | Maruichi Steel Tube Ltd | 6,463 | |||||||
226,972 | Metals X Ltd | 169 | ||||||||
1,020,200 | Metalurgica Gerdau S.A. | 425 | ||||||||
160,900 | Methanex Corp | 5,314 | ||||||||
1,337,284 | Mexichem SAB de C.V. | 2,987 |
102 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
851,200 | e | Midas Holdings Ltd | $ | 173 | ||||||
598,500 | *,e | Minera Frisco SAB de C.V. | 285 | |||||||
180,657 | e | Minerals Technologies, Inc | 8,285 | |||||||
16,144 | Miquel y Costas & Miquel S.A. | 614 | ||||||||
2,473,065 | Mitsubishi Chemical Holdings Corp | 15,691 | ||||||||
1,706,158 | Mitsubishi Gas Chemical Co, Inc | 8,724 | ||||||||
3,173,693 | Mitsubishi Materials Corp | 9,996 | ||||||||
883,000 | * | Mitsubishi Paper Mills Ltd | 636 | |||||||
366,000 | Mitsubishi Steel Manufacturing Co Ltd | 699 | ||||||||
3,044,066 | Mitsui Chemicals, Inc | 13,500 | ||||||||
754,000 | Mitsui Mining & Smelting Co Ltd | 1,398 | ||||||||
180,286 | *,e | Mittal Steel South Africa Ltd | 53 | |||||||
1,142,618 | MMC Norilsk Nickel PJSC (ADR) | 14,480 | ||||||||
1,644,000 | *,e | MMG Ltd | 311 | |||||||
66,841 | MOIL Ltd | 212 | ||||||||
133,219 | Mondi Ltd | 2,636 | ||||||||
824,473 | Mondi plc | 16,160 | ||||||||
12,981 | *,m | Mongolian Metals Corporation | 0 | |||||||
669,816 | Monsanto Co | 65,990 | ||||||||
4,158 | Monsanto India Ltd | 138 | ||||||||
138,462 | Mosaic Co | 3,820 | ||||||||
206,665 | Mpact Ltd | 627 | ||||||||
1,485,381 | M-real Oyj (B Shares) | 11,019 | ||||||||
1,534,872 | *,e | Multi Packaging Solutions International Ltd | 26,630 | |||||||
74,346 | Myers Industries, Inc | 990 | ||||||||
75,761 | Mytilineos Holdings S.A. | 301 | ||||||||
531,194 | *,m | Nagarjuna Fertilizers & Chemicals | 64 | |||||||
534,000 | * | Nakayama Steel Works Ltd | 343 | |||||||
22,789 | Namhae Chemical Corp | 196 | ||||||||
587,702 | Nampak Ltd | 945 | ||||||||
11,216,286 | Nan Ya Plastics Corp | 20,721 | ||||||||
221,910 | Nantex Industry Co Ltd | 163 | ||||||||
69,872 | Neenah Paper, Inc | 4,362 | ||||||||
25,400 | Neturen Co Ltd | 199 | ||||||||
443,553 | Nevsun Resources Ltd | 1,202 | ||||||||
444,909 | * | New Gold, Inc | 1,035 | |||||||
1,133,783 | * | Newcrest Mining Ltd | 10,728 | |||||||
40,777 | NewMarket Corp | 15,525 | ||||||||
1,929,496 | Newmont Mining Corp | 34,712 | ||||||||
6,112,950 | Nickel Asia Corp | 809 | ||||||||
41,400 | e | Nihon Nohyaku Co Ltd | 259 | |||||||
74,800 | Nihon Parkerizing Co Ltd | 762 | ||||||||
2,664,184 | Nine Dragons Paper Holdings Ltd | 1,564 | ||||||||
264,000 | e | Nippon Denko Co Ltd | 478 | |||||||
185,000 | Nippon Kayaku Co Ltd | 1,942 | ||||||||
1,479,900 | Nippon Light Metal Holdings Co Ltd | 2,623 | ||||||||
115,132 | Nippon Paint Co Ltd | 2,786 | ||||||||
449,000 | e | Nippon Paper Industries Co Ltd | 7,263 | |||||||
44,200 | Nippon Shokubai Co Ltd | 3,076 | ||||||||
317,000 | Nippon Soda Co Ltd | 1,886 | ||||||||
778,200 | Nippon Steel Corp | 15,395 | ||||||||
48,810 | Nippon Synthetic Chemical Industry Co Ltd | 350 |
103 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
124,400 | *,e | Nippon Yakin Kogyo Co Ltd | $ | 145 | ||||||
115,400 | Nissan Chemical Industries Ltd | 2,620 | ||||||||
246,200 | Nisshin Steel Holdings Co Ltd | 2,596 | ||||||||
148,000 | Nittetsu Mining Co Ltd | 648 | ||||||||
252,063 | Nitto Denko Corp | 18,402 | ||||||||
144,921 | NOF Corp | 1,115 | ||||||||
88,589 | Norbord, Inc | 1,725 | ||||||||
1,224,058 | Norsk Hydro ASA | 4,550 | ||||||||
10,710,000 | *,e | North Mining Shares Co Ltd | 158 | |||||||
349,854 | * | Northam Platinum Ltd | 594 | |||||||
469,013 | Northern Star Resources Ltd | 954 | ||||||||
337,144 | *,e | Novagold Resources, Inc | 1,416 | |||||||
13,676 | Novolipetsk Steel (GDR) | 116 | ||||||||
212,493 | Novozymes AS | 10,174 | ||||||||
1,025,245 | Nucor Corp | 41,317 | ||||||||
906,066 | Nufarm Ltd | 5,472 | ||||||||
651,493 | Nuplex Industries Ltd | 2,114 | ||||||||
269,987 | *,e | Nyrstar | 467 | |||||||
86,450 | *,m | Nyrstar (Strip VVPR) | 0 | |||||||
156,000 | * | Ocean Plastics Co Ltd | 123 | |||||||
1,737,030 | OceanaGold Corp | 3,314 | ||||||||
71,766 | *,e | OCI NV | 1,772 | |||||||
21,387 | Oeneo S.A. | 174 | ||||||||
696,143 | OJI Paper Co Ltd | 2,798 | ||||||||
55,000 | e | Okamoto Industries, Inc | 500 | |||||||
9,585,042 | a | Olin Corp | 165,438 | |||||||
50,653 | e | Olympic Steel, Inc | 587 | |||||||
61,558 | Omnia Holdings Ltd | 530 | ||||||||
115,470 | * | Omnova Solutions, Inc | 708 | |||||||
512,446 | e | Orica Ltd | 5,741 | |||||||
42,181 | Orient Cement Ltd | 94 | ||||||||
559,000 | Oriental Union Chemical Corp | 355 | ||||||||
3,244,112 | Orora Ltd | 5,269 | ||||||||
28,500 | Osaka Steel Co Ltd | 518 | ||||||||
166,317 | Osisko Gold Royalties Ltd | 1,643 | ||||||||
252,736 | *,e | Outokumpu Oyj | 740 | |||||||
1,020,000 | Overseas Chinese Town Asia Holdings Ltd | 442 | ||||||||
438,182 | * | Owens-Illinois, Inc | 7,633 | |||||||
1,307,904 | Oxiana Ltd | 3,824 | ||||||||
127,507 | *,e | Pacific Metals Co Ltd | 356 | |||||||
11,200 | Pack Corp | 281 | ||||||||
415,560 | Packaging Corp of America | 26,201 | ||||||||
153,492 | Pact Group Holdings Ltd | 557 | ||||||||
149,235 | e | Pan American Silver Corp | 972 | |||||||
103,814 | e | Papeles y Cartones de Europa S.A. | 585 | |||||||
700,000 | * | Paranapanema S.A. | 388 | |||||||
2,515,382 | * | Petkim Petrokimya Holding | 3,954 | |||||||
431,996 | Petra Diamonds Ltd | 557 | ||||||||
6,855,063 | Petronas Chemicals Group BHD | 11,579 | ||||||||
241,455 | PhosAgro OAO (ADR) | 3,097 | ||||||||
81,928 | PI Industries Ltd | 799 | ||||||||
264,041 | *,m | Pike River Coal Ltd | 0 |
104 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
232,919 | *,e | Platform Specialty Products Corp | $ | 2,988 | ||||||
223,232 | PolyOne Corp | 7,090 | ||||||||
6,796 | Poongsan | 240 | ||||||||
97,513 | Poongsan Corp | 2,273 | ||||||||
718,006 | Portucel Empresa Produtora de Pasta e Papel S.A. | 2,792 | ||||||||
117,636 | POSCO | 16,479 | ||||||||
83,342 | POSCO Refractories & Environment Co Ltd | 969 | ||||||||
2,202,701 | Potash Corp of Saskatchewan | 37,728 | ||||||||
551,673 | e | PPC Ltd | 549 | |||||||
1,180,878 | PPG Industries, Inc | 116,694 | ||||||||
184,210 | Praxair, Inc | 18,863 | ||||||||
141,936 | *,e | Premier Gold Mines Ltd | 271 | |||||||
1,431,100 | Press Metal BHD | 694 | ||||||||
111,977 | *,e | Pretium Resources, Inc | 563 | |||||||
142,408 | * | Primero Mining Corp | 321 | |||||||
124,747 | * | Prism Cement Ltd | 156 | |||||||
7,322,504 | PT Aneka Tambang Tbk | 166 | ||||||||
12,216,200 | * | PT Hanson International Tbk | 561 | |||||||
1,677,200 | PT Holcim Indonesia Tbk | 121 | ||||||||
3,655,220 | PT Indocement Tunggal Prakarsa Tbk | 5,862 | ||||||||
3,848,800 | * | PT Krakatau Steel Tbk | 81 | |||||||
8,218,300 | *,m | PT Sekawan Intipratama Tbk | 50 | |||||||
3,670,589 | PT Semen Gresik Persero Tbk | 3,008 | ||||||||
2,661,657 | PT Timah Tbk | 97 | ||||||||
2,160,100 | PT Wijaya Karya Beton Tbk | 128 | ||||||||
6,141,926 | PTT Global Chemical PCL (Foreign) | 8,492 | ||||||||
22,513 | * | Qatar National Cement Co | 631 | |||||||
31,837 | * | Qatari Investors Group | 329 | |||||||
33,967 | Quaker Chemical Corp | 2,624 | ||||||||
47,707 | Rallis India Ltd | 128 | ||||||||
103,485 | Randgold Resources Ltd | 6,375 | ||||||||
9,550 | Ratnamani Metals & Tubes Ltd | 79 | ||||||||
105,128 | e | Rayonier Advanced Materials, Inc | 1,029 | |||||||
60,810 | *,e | Real Industry, Inc | 488 | |||||||
1,048,031 | e | Regis Resources Ltd | 1,774 | |||||||
260,214 | Reliance Steel & Aluminum Co | 15,069 | ||||||||
655,767 | Rengo Co Ltd | 2,804 | ||||||||
62,560 | * | Rentech, Inc | 220 | |||||||
63,260 | * | Resolute Forest Products | 479 | |||||||
864,228 | Rexam plc | 7,708 | ||||||||
25,548 | e | RHI AG. | 500 | |||||||
561,616 | Rio Tinto Ltd | 18,162 | ||||||||
1,868,723 | Rio Tinto plc | 54,408 | ||||||||
80,358 | *,e | Royal Bafokeng Platinum Ltd | 138 | |||||||
141,516 | e | Royal Gold, Inc | 5,161 | |||||||
219,525 | RPC Group plc | 2,691 | ||||||||
126,698 | RPM International, Inc | 5,582 | ||||||||
31,299 | *,e | Ryerson Holding Corp | 146 | |||||||
18,789 | Sa des Ciments Vicat | 1,130 | ||||||||
226,000 | Sakai Chemical Industry Co Ltd | 762 | ||||||||
32,600 | Sakata INX Corp | 343 | ||||||||
153,424 | e | Salzgitter AG. | 3,749 |
105 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
2,716 | Sam Kwang Glass Ind Co Ltd | $ | 220 | |||||||
18,208 | Samsung Fine Chemicals Co Ltd | 549 | ||||||||
365,681 | San Fang Chemical Industry Co Ltd | 429 | ||||||||
115,794 | e | Sandfire Resources NL | 470 | |||||||
117,664 | *,e | Sandstorm Gold Ltd | 306 | |||||||
193,000 | Sanyo Chemical Industries Ltd | 1,526 | ||||||||
470,000 | Sanyo Special Steel Co Ltd | 2,219 | ||||||||
1,480,616 | * | Sappi Ltd | 6,221 | |||||||
322,594 | Satipel Industrial S.A. | 480 | ||||||||
127,942 | Scapa Group plc | 403 | ||||||||
467,394 | * | Schmolz + Bickenbach AG. | 233 | |||||||
157,914 | Schnitzer Steel Industries, Inc (Class A) | 2,269 | ||||||||
201,083 | Schweitzer-Mauduit International, Inc | 8,443 | ||||||||
153,300 | Scientex BHD | 348 | ||||||||
222,007 | Scotts Miracle-Gro Co (Class A) | 14,322 | ||||||||
37,285 | *,e | Seabridge Gold, Inc | 309 | |||||||
60,241 | Seah Besteel Corp | 1,406 | ||||||||
1,091 | SeAH Holdings Corp | 121 | ||||||||
17,315 | SeAH Steel Corp | 790 | ||||||||
692,140 | Sealed Air Corp | 30,869 | ||||||||
1,704,000 | Sekisui Plastics Co Ltd | 5,911 | ||||||||
651,668 | * | SEMAFO, Inc | 1,653 | |||||||
70,977 | Semapa-Sociedade de Investimento e Gestao | 979 | ||||||||
113,184 | *,e | Senomyx, Inc | 427 | |||||||
125,962 | Sensient Technologies Corp | 7,913 | ||||||||
1,940,633 | * | Sesa Sterlite Ltd | 2,626 | |||||||
602,802 | Severstal (GDR) | 5,036 | ||||||||
2,223,000 | Shandong Chenming Paper Holdings Ltd | 1,580 | ||||||||
2,740,029 | Shandong Chenming Paper Holdings Ltd (Class B) | 1,930 | ||||||||
422,400 | * | Shanghai Chlor-Alkali Chemical Co Ltd | 373 | |||||||
194,887 | Shanghai Yaohua Pilkington Glass Co Ltd | 147 | ||||||||
18,464 | * | Sharda Cropchem Ltd | 67 | |||||||
520,000 | Sheen Tai Holdings Grp Co Ltd | 72 | ||||||||
79,000 | Sheng Yu Steel Co Ltd | 39 | ||||||||
276,046 | Sherwin-Williams Co | 71,662 | ||||||||
199,000 | * | Shihlin Paper Corp | 187 | |||||||
31,000 | Shikoku Chemicals Corp | 294 | ||||||||
12,878 | * | Shine Co Ltd | 185 | |||||||
551,837 | Shin-Etsu Chemical Co Ltd | 30,001 | ||||||||
89,400 | Shin-Etsu Polymer Co Ltd | 493 | ||||||||
1,236,032 | Shinkong Synthetic Fibers Corp | 359 | ||||||||
4,758,000 | *,e | Shougang Concord International Enterprises Co Ltd | 171 | |||||||
1,329,000 | e | Showa Denko KK | 1,557 | |||||||
19,937 | Shree Cement Ltd | 3,455 | ||||||||
499,466 | Siam Cement PCL (Foreign) | 6,304 | ||||||||
2,473,831 | Sibanye Gold Ltd | 3,752 | ||||||||
298,851 | Sidi Kerir Petrochemcials Co | 433 | ||||||||
1,131,000 | *,m | Sijia Group Co | 1 | |||||||
518 | Sika AG. | 1,872 | ||||||||
124,662 | Silgan Holdings, Inc | 6,697 | ||||||||
70,134 | * | Silver Standard Resources, Inc | 363 | |||||||
344,460 | Silver Wheaton Corp | 4,282 |
106 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
151,796 | e | Sims Group Ltd | $ | 794 | ||||||
6,590,000 | Sinofert Holdings Ltd | 1,116 | ||||||||
5,022,798 | * | Sinopec Shanghai Petrochemical Co Ltd | 1,987 | |||||||
1,638,713 | * | Sirius Minerals plc | 356 | |||||||
17,062 | SK Chemicals Co Ltd | 1,049 | ||||||||
101,693 | SKC Co Ltd | 2,898 | ||||||||
12,081 | * | SKCKOLONPI, Inc | 106 | |||||||
632,628 | Smurfit Kappa Group plc | 16,202 | ||||||||
115,180 | Sociedad Quimica y Minera de Chile S.A. (Class B) | 2,156 | ||||||||
5,721 | SODIFF Advanced Materials Co Ltd | 562 | ||||||||
287,478 | Solar Applied Materials Technology Co | 165 | ||||||||
24,441 | e | Solvay S.A. | 2,609 | |||||||
113,869 | Sonoco Products Co | 4,654 | ||||||||
282,293 | * | South Valley Cement | 149 | |||||||
1,301,335 | * | South32 Ltd | 1,000 | |||||||
452,383 | * | South32 Ltd (W/I) | 348 | |||||||
1,117,403 | e | Southern Copper Corp (NY) | 29,187 | |||||||
210,178 | *,e | Ssab Svenskt Stal AB (Series A) | 558 | |||||||
181,421 | *,e | Ssab Svenskt Stal AB (Series B) | 406 | |||||||
17,238 | * | Ssangyong Cement Industrial Co Ltd | 239 | |||||||
2,476,925 | * | St Barbara Ltd | 2,587 | |||||||
1,096,764 | Steel Dynamics, Inc | 19,599 | ||||||||
180,268 | Stella-Jones, Inc | 6,841 | ||||||||
99,407 | Stepan Co | 4,940 | ||||||||
408,296 | *,e | Stillwater Mining Co | 3,499 | |||||||
5,007 | STO AG. | 625 | ||||||||
520,623 | Stora Enso Oyj (R Shares) | 4,708 | ||||||||
400,500 | * | Stornoway Diamond Corp | 208 | |||||||
704,221 | Sumitomo Bakelite Co Ltd | 2,931 | ||||||||
2,969,511 | Sumitomo Chemical Co Ltd | 17,054 | ||||||||
692,437 | Sumitomo Metal Mining Co Ltd | 8,405 | ||||||||
1,038,193 | Sumitomo Osaka Cement Co Ltd | 3,808 | ||||||||
40,000 | Sumitomo Seika Chemicals Co Ltd | 243 | ||||||||
16,012 | e | Sumitomo Titanium Corp | 330 | |||||||
89,549 | *,e | Summit Materials, Inc | 1,795 | |||||||
379,107 | e | SunCoke Energy, Inc | 1,316 | |||||||
4,450,000 | *,e,m | Superb Summit International Group Ltd | 729 | |||||||
8,399,900 | * | Superblock PCL-Foreign | 272 | |||||||
434,956 | Suzano Papel e Celulose S.A. | 2,054 | ||||||||
55,000 | Swancor Ind Co Ltd | 276 | ||||||||
107,166 | Symrise AG. | 7,094 | ||||||||
290,879 | Syngenta AG. | 113,851 | ||||||||
378,267 | e | Syngenta AG. (ADR) | 29,781 | |||||||
1,364,232 | Synthos S.A. | 1,320 | ||||||||
147,060 | e | Syrah Resources Ltd | 415 | |||||||
337,900 | Ta Ann Holdings BHD | 395 | ||||||||
660,315 | TA Chen Stainless Pipe | 280 | ||||||||
667 | Taekwang Industrial Co Ltd | 619 | ||||||||
395,639 | Tahoe Resources, Inc | 3,430 | ||||||||
148,249 | Tahoe Resources, Inc (Toronto) | 1,282 | ||||||||
2,243,516 | Taiheiyo Cement Corp | 6,552 | ||||||||
3,594,290 | Taiwan Cement Corp | 2,976 |
107 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
2,436,960 | Taiwan Fertilizer Co Ltd | $ | 3,179 | |||||||
279,725 | Taiwan Hon Chuan Enterprise Co Ltd | 400 | ||||||||
477,329 | * | Taiwan Styrene Monomer | 247 | |||||||
34,600 | Taiyo Ink Manufacturing Co Ltd | 1,329 | ||||||||
118,153 | Taiyo Nippon Sanso Corp | 1,069 | ||||||||
31,400 | Takasago International Corp | 751 | ||||||||
34,000 | Takiron Co Ltd | 176 | ||||||||
390,995 | Tata Steel Ltd | 1,525 | ||||||||
1,620,000 | e | TCC International Holdings Ltd | 298 | |||||||
41,125 | Technosemichem Co Ltd | 1,413 | ||||||||
953,942 | e | Teck Cominco Ltd | 3,681 | |||||||
10,514,018 | Teijin Ltd | 35,830 | ||||||||
23,844 | Ten Cate NV | 621 | ||||||||
33,500 | Tenma Corp | 653 | ||||||||
26,016 | * | Tessenderlo Chemie NV | 777 | |||||||
238,265 | e | TFS Corp Ltd | 273 | |||||||
317,987 | ThyssenKrupp AG. | 6,304 | ||||||||
6,490,000 | e | Tiangong International Co Ltd | 550 | |||||||
104,707 | TimkenSteel Corp | 877 | ||||||||
54,365 | * | Titan Cement Co S.A. | 1,038 | |||||||
332,400 | Toagosei Co Ltd | 2,842 | ||||||||
27,800 | *,e | Toho Titanium Co Ltd | 227 | |||||||
367,000 | e | Toho Zinc Co Ltd | 843 | |||||||
616,000 | Tokai Carbon Co Ltd | 1,729 | ||||||||
78,000 | Tokushu Tokai Holdings Co Ltd | 238 | ||||||||
310,000 | *,e | Tokuyama Corp | 672 | |||||||
36,900 | Tokyo Ohka Kogyo Co Ltd | 1,173 | ||||||||
370,796 | *,e | Tokyo Rope Manufacturing Co Ltd | 616 | |||||||
251,500 | Tokyo Steel Manufacturing Co Ltd | 1,561 | ||||||||
660,750 | Ton Yi Industrial Corp | 315 | ||||||||
28,411 | * | Tongyang Cement & Energy Corp | 101 | |||||||
167,000 | Topy Industries Ltd | 373 | ||||||||
519,572 | Toray Industries, Inc | 4,828 | ||||||||
1,243,000 | Tosoh Corp | 6,394 | ||||||||
563,000 | Toyo Ink Manufacturing Co Ltd | 2,298 | ||||||||
39,800 | Toyo Kohan Co Ltd | 140 | ||||||||
134,441 | Toyo Seikan Kaisha Ltd | 2,494 | ||||||||
1,689,676 | Toyobo Co Ltd | 2,365 | ||||||||
83,597 | * | Trecora Resources | 1,036 | |||||||
103,872 | Tredegar Corp | 1,415 | ||||||||
37,298 | *,e | Trinseo S.A. | 1,052 | |||||||
165,791 | e | Tronox Ltd | 648 | |||||||
583,000 | TSRC Corp | 357 | ||||||||
106,596 | e | Tubacex S.A. | 202 | |||||||
1,501,000 | Tung Ho Steel Enterprise Corp | 775 | ||||||||
1,684,564 | * | Turquoise Hill Resources Ltd | 4,273 | |||||||
4,658,647 | UBE Industries Ltd | 9,845 | ||||||||
62,065 | Ultra Tech Cement Ltd | 2,602 | ||||||||
26,652 | Umicore | 1,118 | ||||||||
15,008 | Unid Co Ltd | 583 | ||||||||
343,225 | United Phosphorus Ltd | 2,260 | ||||||||
5,964 | United States Lime & Minerals, Inc | 328 |
108 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
353,536 | e | United States Steel Corp | $ | 2,821 | ||||||
330,520 | Universal Cement Corp | 225 | ||||||||
721,532 | UPC Technology Corp | 207 | ||||||||
2,029,550 | UPM-Kymmene Oyj | 37,679 | ||||||||
10,142 | *,m | Uralkali (GDR) | 123 | |||||||
34,815 | * | US Concrete, Inc | 1,833 | |||||||
724,870 | USI Corp | 285 | ||||||||
1,949,007 | Vale S.A. | 6,350 | ||||||||
2,037,950 | Vale S.A. (Preference) | 5,221 | ||||||||
39,058 | e | Valhi, Inc | 52 | |||||||
45,501 | Valspar Corp | 3,774 | ||||||||
70,289 | e | Vedanta Resources plc | 283 | |||||||
443 | Vetropack Holding AG. | 696 | ||||||||
259,238 | Victrex plc | 6,873 | ||||||||
10,921 | Vinati Organics Ltd | 77 | ||||||||
119,613 | Voestalpine AG. | 3,659 | ||||||||
158,888 | Vulcan Materials Co | 15,090 | ||||||||
225,561 | e | Wacker Chemie AG. | 18,859 | |||||||
107,357 | Wausau Paper Corp | 1,098 | ||||||||
64,261 | * | Welspun-Gujarat Stahl Ltd | 111 | |||||||
2,224,000 | e | West China Cement Ltd | 457 | |||||||
204,510 | West Fraser Timber Co Ltd | 7,764 | ||||||||
183,094 | e | Western Areas NL | 297 | |||||||
1,078,206 | e | Western Forest Products, Inc | 1,761 | |||||||
248,918 | Westlake Chemical Corp | 13,521 | ||||||||
712,226 | WestRock Co | 32,492 | ||||||||
13,312 | * | WHX Corp | 273 | |||||||
60,822 | Winpak Ltd | 2,003 | ||||||||
3,094 | * | Wonik Materials Co Ltd | 172 | |||||||
143,991 | Worthington Industries, Inc | 4,340 | ||||||||
772,614 | * | WR Grace & Co | 76,945 | |||||||
169,700 | *,e | W-Scope Corp | 6,289 | |||||||
723,000 | * | Xinjiang Xinxin Mining Industry Co Ltd | 73 | |||||||
810,400 | Yamana Gold, Inc | 1,505 | ||||||||
32,800 | Yamato Kogyo Co Ltd | 836 | ||||||||
379,167 | Yara International ASA | 16,307 | ||||||||
56,573 | Yeong Guan Energy Technology Group Co Ltd | 310 | ||||||||
300,000 | Yeun Chyang Industrial Co Ltd | 179 | ||||||||
1,058,637 | Yieh Phui Enterprise | 238 | ||||||||
1,164,170 | Yingde Gases | 535 | ||||||||
542,000 | Yip’s Chemical Holdings Ltd | 184 | ||||||||
18,700 | Yodogawa Steel Works Ltd | 375 | ||||||||
8,118 | Youlchon Chemical Co Ltd | 81 | ||||||||
2,506,285 | Yuen Foong Yu Paper Manufacturing Co Ltd | 808 | ||||||||
684,604 | Yule Catto & Co plc | 3,198 | ||||||||
68,000 | Yung Chi Paint & Varnish Manufacturing Co Ltd | 146 | ||||||||
46,313 | * | Zaklady Azotowe w Tarnowie-Moscicach S.A. | 1,175 | |||||||
355,512 | Zeon Corp | 2,860 | ||||||||
858,000 | e | Zhaojin Mining Industry Co Ltd | 486 | |||||||
20,155 | Zignago Vetro S.p.A. | 133 | ||||||||
7,640,220 | e | Zijin Mining Group Co Ltd | 2,000 | |||||||
TOTAL MATERIALS | 4,853,739 |
109 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
MEDIA - 3.1% | ||||||||||
1,777,220 | ABS-CBN Holdings Corp (ADR) | $ | 2,360 | |||||||
24,200 | e | Adways, Inc | 125 | |||||||
19,100 | AH Belo Corp (Class A) | 95 | ||||||||
139,233 | Aimia, Inc | 947 | ||||||||
15,700 | * | AirMedia Group, Inc (ADR) | 88 | |||||||
11,830,000 | *,e | Alibaba Pictures Group Ltd | 2,901 | |||||||
302,084 | Altice NV (Class A) | 4,340 | ||||||||
203,566 | * | Altice NV (Class B) | 2,967 | |||||||
113,055 | AMC Entertainment Holdings, Inc | 2,713 | ||||||||
587,210 | * | AMC Networks, Inc | 43,853 | |||||||
58,815 | Antena 3 de Television S.A. | 627 | ||||||||
771,321 | * | APN News & Media Ltd | 292 | |||||||
110,500 | Asatsu-DK, Inc | 2,674 | ||||||||
6,168,500 | e | Asian Pay Television Trust | 2,779 | |||||||
1,853,545 | Astro Malaysia Holdings BHD | 1,188 | ||||||||
29,259 | Avex Group Holdings, Inc | 347 | ||||||||
44,837 | Axel Springer AG. | 2,493 | ||||||||
1,138,423 | BEC World PCL (Foreign) | 960 | ||||||||
12,600 | * | Bona Film Group Ltd (ADR) | 167 | |||||||
67,916 | Borussia Dortmund GmbH & Co KGaA | 296 | ||||||||
1,444 | Cable One, Inc | 626 | ||||||||
216,271 | Cablevision Systems Corp (Class A) | 6,899 | ||||||||
21,170 | e | Cairo Communication S.p.A. | 105 | |||||||
61,549 | * | Carmike Cinemas, Inc | 1,412 | |||||||
2,466,856 | CBS Corp (Class B) | 116,263 | ||||||||
68,462 | * | Central European Media Enterprises Ltd (Class A) | 184 | |||||||
196,591 | *,e | Central European Media Enterprises Ltd (Class A) (NASDAQ) | 529 | |||||||
193,483 | *,e | Charter Communications, Inc | 35,427 | |||||||
87,571 | * | Cheil Communications, Inc | 1,532 | |||||||
242,913 | Cinemark Holdings, Inc | 8,121 | ||||||||
54,790 | e | Cineplex Galaxy Income Fund | 1,883 | |||||||
356,537 | Cineworld Group plc | 2,956 | ||||||||
13,416 | CJ CGV Co Ltd | 1,426 | ||||||||
52,281 | * | CJ E&M Corp | 3,569 | |||||||
206,800 | CJ Hellovision Co Ltd | 2,219 | ||||||||
34,310 | *,e | Clear Channel Outdoor Holdings, Inc (Class A) | 192 | |||||||
79,240 | Cogeco Cable, Inc | 3,537 | ||||||||
13,518 | Cogeco, Inc | 501 | ||||||||
10,881,148 | Comcast Corp (Class A) | 614,023 | ||||||||
179,536 | e | Corus Entertainment, Inc | 1,401 | |||||||
84,921 | * | Crown Media Holdings, Inc (Class A) | 476 | |||||||
37,519 | CTS Eventim AG. | 1,488 | ||||||||
41,200 | e | CyberAgent, Inc | 1,698 | |||||||
420,424 | * | Cyfrowy Polsat S.A. | 2,235 | |||||||
50,100 | Daiichikosho Co Ltd | 1,988 | ||||||||
3,446 | *,e | Daily Journal Corp | 696 | |||||||
836,075 | Daily Mail & General Trust | 8,605 | ||||||||
15,490 | * | DEN Networks Ltd | 26 | |||||||
217,755 | e | Dentsu, Inc | 11,914 |
110 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
320,000 | DHX Media Ltd | $ | 1,961 | |||||||
228,941 | *,e | Discovery Communications, Inc (Class A) | 6,108 | |||||||
488,554 | * | Discovery Communications, Inc (Class C) | 12,321 | |||||||
971,989 | * | DISH Network Corp (Class A) | 55,578 | |||||||
438,518 | *,e | DreamWorks Animation SKG, Inc (Class A) | 11,301 | |||||||
4,418,500 | E for L Aim PCL | 94 | ||||||||
63,143 | * | Entercom Communications Corp (Class A) | 709 | |||||||
260,185 | Entertainment One Ltd | 641 | ||||||||
229,700 | Entravision Communications Corp (Class A) | 1,771 | ||||||||
37,588 | * | Eros International plc | 344 | |||||||
4,000,000 | * | eSun Holdings Ltd | 334 | |||||||
110,844 | Eutelsat Communications | 3,319 | ||||||||
2,250,000 | * | Evergrande Health Industry Group Ltd | 669 | |||||||
147,267 | EW Scripps Co (Class A) | 2,798 | ||||||||
6,241 | * | Fenerbahce Sportif Hizmetleri Sanayi ve Ticaret AS | 79 | |||||||
354,000 | Fuji Television Network, Inc | 4,178 | ||||||||
301,018 | e | Gannett Co, Inc | 4,904 | |||||||
143,111 | Gestevision Telecinco S.A. | 1,557 | ||||||||
116,962 | *,e | Global Eagle Entertainment, Inc | 1,154 | |||||||
201,047 | * | Gray Television, Inc | 3,277 | |||||||
4,558,612 | Grupo Televisa S.A. | 24,953 | ||||||||
112,034 | * | Gruppo Editoriale L’Espresso S.p.A. | 123 | |||||||
274,101 | Hakuhodo DY Holdings, Inc | 2,966 | ||||||||
361,184 | Harte-Hanks, Inc | 1,170 | ||||||||
281,620 | Havas S.A. | 2,370 | ||||||||
34,797 | *,e | Hemisphere Media Group, Inc | 513 | |||||||
25,822 | Hyundai Hy Communications & Network Co | 76 | ||||||||
475,625 | * | IBN18 Broadcast Ltd | 339 | |||||||
55,880 | * | IHQ, Inc | 97 | |||||||
233,618 | *,e | Imax Corp | 8,303 | |||||||
698,993 | Informa plc | 6,317 | ||||||||
52,768 | * | Innocean Worldwide, Inc | 3,127 | |||||||
4,761,292 | Interpublic Group of Cos, Inc | 110,843 | ||||||||
80,675 | IPSOS | 1,858 | ||||||||
428,827 | ITE Group plc | 997 | ||||||||
8,743,236 | ITV plc | 35,597 | ||||||||
142,654 | Jagran Prakashan Ltd | 342 | ||||||||
629,936 | JC Decaux S.A. | 24,148 | ||||||||
35,087 | * | Jcontentree Corp | 166 | |||||||
7,024,183 | John Fairfax Holdings Ltd | 4,672 | ||||||||
171,943 | John Wiley & Sons, Inc (Class A) | 7,743 | ||||||||
63,137 | Journal Media Group, Inc | 759 | ||||||||
378,689 | *,e | Juventus Football Club S.p.A. | 107 | |||||||
6,390 | Kabel Deutschland Holding AG. | 790 | ||||||||
198,832 | Kadokawa Dwango Corp | 2,986 | ||||||||
13,505 | Kinepolis Group NV | 607 | ||||||||
21,383 | KT Skylife Co Ltd | 314 | ||||||||
65,077 | Lagardere S.C.A. | 1,942 | ||||||||
93,200 | *,e | Lee Enterprises, Inc | 157 | |||||||
43,778 | * | Liberty Broadband Corp (Class A) | 2,261 | |||||||
104,922 | * | Liberty Broadband Corp (Class C) | 5,441 | |||||||
46,310 | * | Liberty Global plc | 1,888 |
111 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
363,303 | * | Liberty Global plc (Class A) | $ | 15,390 | ||||||
75 | * | Liberty Global plc LiLAC (Class A) | 3 | |||||||
287 | * | Liberty Global plc LiLAC (Class C) | 12 | |||||||
156,293 | * | Liberty Media Corp | 6,134 | |||||||
320,394 | * | Liberty Media Corp (Class C) | 12,201 | |||||||
795,021 | e | Lions Gate Entertainment Corp | 25,751 | |||||||
354,780 | * | Live Nation, Inc | 8,717 | |||||||
19,445 | Loen Entertainment, Inc | 1,386 | ||||||||
32,975 | *,e | Loral Space & Communications, Inc | 1,342 | |||||||
49,255 | M6-Metropole Television | 847 | ||||||||
44,797 | * | Madison Square Garden Co | 7,248 | |||||||
431,000 | Major Cineplex Group PCL-Foreign | 421 | ||||||||
80,700 | *,e | McClatchy Co (Class A) | 98 | |||||||
693,818 | e | MDC Partners, Inc | 15,070 | |||||||
309,118 | *,e | Media General, Inc | 4,992 | |||||||
1,816,700 | Media Prima BHD | 537 | ||||||||
3,044,261 | Mediaset S.p.A. | 12,615 | ||||||||
2,320,000 | * | Mei Ah Entertainment Group Ltd | 234 | |||||||
105,604 | e | Meredith Corp | 4,567 | |||||||
48,286 | Modern Times Group AB (B Shares) | 1,233 | ||||||||
182,482 | * | MSG Networks, Inc | 3,796 | |||||||
205,000 | Multiplus S.A. | 1,930 | ||||||||
2,900 | Nasmedia Co Ltd | 123 | ||||||||
831,616 | Naspers Ltd (N Shares) | 113,669 | ||||||||
194,587 | National CineMedia, Inc | 3,057 | ||||||||
259,021 | e | New Media Investment Group, Inc | 5,041 | |||||||
344,149 | New York Times Co (Class A) | 4,618 | ||||||||
116,691 | News Corp | 1,559 | ||||||||
28,331 | e | News Corp (Class B) | 395 | |||||||
77,398 | e | Nexstar Broadcasting Group, Inc (Class A) | 4,543 | |||||||
103,100 | e | Next Co Ltd | 1,264 | |||||||
13,519 | Next Entertainment World Co Ltd | 120 | ||||||||
7,106 | NextRadioTV | 285 | ||||||||
830,598 | Nine Entertainment Co Holdings Ltd | 1,144 | ||||||||
48,711 | Numericable SAS | 1,770 | ||||||||
232,802 | Omnicom Group, Inc | 17,614 | ||||||||
464,028 | Pearson plc | 5,016 | ||||||||
1,378,000 | Phoenix Satellite Television Holdings Ltd | 321 | ||||||||
1,109,400 | * | Plan B Media PCL | 218 | |||||||
94,000 | Poly Culture Group Corp Ltd | 256 | ||||||||
40,910 | *,e | Promotora de Informaciones S.A. | 232 | |||||||
880,406 | ProSiebenSat. Media AG. | 44,418 | ||||||||
9,200 | Proto Corp | 127 | ||||||||
7,172,534 | PT Global MediaCom Tbk | 568 | ||||||||
5,763,163 | PT Media Nusantara Citra Tbk | 767 | ||||||||
561,886 | PT Multimedia Servicos de Telecomunicacoes e Multimedia SGPS S.A. | 4,421 | ||||||||
5,827,575 | PT Surya Citra Media Tbk | 1,299 | ||||||||
6,492,500 | * | PT Visi Media Asia Tbk | 117 | |||||||
133,430 | Publicis Groupe S.A. | 8,872 | ||||||||
18,643 | * | PVR Ltd | 226 | |||||||
82,620 | e | Quebecor, Inc | 2,023 |
112 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
155,682 | g | RAI Way S.p.A | $ | 798 | ||||||
227,728 | *,e | RCS MediaGroup S.p.A. | 153 | |||||||
96,988 | e | REA Group Ltd | 3,859 | |||||||
47,590 | * | Reading International, Inc | 624 | |||||||
3,736,913 | Reed Elsevier NV | 62,938 | ||||||||
2,350,146 | Reed Elsevier plc | 41,447 | ||||||||
71,352 | e | Regal Entertainment Group (Class A) | 1,346 | |||||||
110,850 | *,e | Rentrak Corp | 5,269 | |||||||
272,489 | Rightmove plc | 16,559 | ||||||||
407,000 | RS PCL | 114 | ||||||||
271,577 | RTL Group | 22,616 | ||||||||
10,894 | e | Saga Communications, Inc | 419 | |||||||
64,265 | e | Sanoma-WSOY Oyj | 273 | |||||||
36,431 | * | SBS Media Holdings Co Ltd | 120 | |||||||
15,979 | Schibsted ASA | 525 | ||||||||
81,180 | * | Schibsted ASA (B Shares) | 2,587 | |||||||
66,383 | Scholastic Corp | 2,560 | ||||||||
333,581 | Scripps Networks Interactive (Class A) | 18,417 | ||||||||
15,600 | Septeni Holdings Co Ltd | 346 | ||||||||
150,363 | SES Global S.A. | 4,167 | ||||||||
733,266 | e | Shaw Communications, Inc (B Shares) | 12,612 | |||||||
79,000 | Shochiku Co Ltd | 754 | ||||||||
27,836 | * | SHOWBOX Corp | 174 | |||||||
165,580 | e | Sinclair Broadcast Group, Inc (Class A) | 5,388 | |||||||
1,311,001 | e | Singapore Press Holdings Ltd | 3,634 | |||||||
30,381 | e | Sirius XM Canada Holdings, Inc | 91 | |||||||
5,862,709 | *,e | Sirius XM Holdings, Inc | 23,861 | |||||||
61,072 | *,e | Sizmek, Inc | 223 | |||||||
688,147 | Sky Network Television Ltd | 2,156 | ||||||||
277,400 | Sky Perfect Jsat Corp | 1,560 | ||||||||
11,932,010 | Sky plc | 195,598 | ||||||||
16,220 | * | SM Entertainment Co | 590 | |||||||
4,452,000 | e | SMI Holdings Group Ltd | 525 | |||||||
212,000 | Smiles S.A. | 1,858 | ||||||||
741,380 | Societe Television Francaise 1 | 8,232 | ||||||||
32,477 | *,e | Solocal Group | 243 | |||||||
1,697,249 | Southern Cross Media Group | 1,402 | ||||||||
267,800 | Star Publications Malaysia BHD | 146 | ||||||||
463,787 | * | Starz-Liberty Capital | 15,537 | |||||||
91,787 | e | Stroer Out-of-Home Media AG. | 5,763 | |||||||
90,591 | Sun TV Network Ltd | 583 | ||||||||
199,244 | TEGNA, Inc | 5,085 | ||||||||
72,374 | * | Telenet Group Holding NV | 3,911 | |||||||
324,343 | Television Broadcasts Ltd | 1,333 | ||||||||
1,652,182 | e | Ten Network Holdings Ltd | 203 | |||||||
584,794 | Thomson Corp | 22,134 | ||||||||
472,492 | Thomson Corp (Toronto) | 17,896 | ||||||||
723,991 | Time Warner Cable, Inc | 134,365 | ||||||||
4,234,640 | Time Warner, Inc | 273,854 | ||||||||
363,523 | Time, Inc | 5,696 | ||||||||
45,800 | e | Toei Animation Co Ltd | 2,247 | |||||||
777,885 | Toei Co Ltd | 7,615 |
113 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
141,623 | Toho Co Ltd | $ | 3,919 | |||||||
138,200 | Tohokushinsha Film Corp | 957 | ||||||||
44,100 | Tokyo Broadcasting System, Inc | 698 | ||||||||
1,014,000 | * | Tom Group Ltd | 258 | |||||||
18,307 | *,e | Townsquare Media, Inc | 219 | |||||||
532,114 | Tribune Co | 17,991 | ||||||||
119,838 | e | Tribune Publishing Co | 1,105 | |||||||
129,000 | TV Asahi Corp | 2,227 | ||||||||
1,137,400 | e | TV Azteca S.A. de C.V. | 159 | |||||||
2,359,859 | Twenty-First Century Fox, Inc | 64,094 | ||||||||
826,307 | Twenty-First Century Fox, Inc (Class B) | 22,500 | ||||||||
384,866 | United Business Media Ltd | 2,983 | ||||||||
81,746 | * | Usen Corp | 235 | |||||||
2,183,000 | VGI Global Media PCL | 223 | ||||||||
17,481 | Viacom, Inc | 769 | ||||||||
2,714,217 | Viacom, Inc (Class B) | 111,717 | ||||||||
227,276 | * | Videocon d2h Ltd (ADR) | 2,018 | |||||||
69,834 | Village Roadshow Ltd | 375 | ||||||||
2,749,600 | * | Viva China Holdings Ltd | 282 | |||||||
1,142,249 | Vivendi Universal S.A. | 24,532 | ||||||||
5,377,753 | Walt Disney Co | 565,094 | ||||||||
3,575,210 | e | West Australian Newspapers Holdings Ltd | 2,002 | |||||||
661,000 | e | Wisdom Holdings Group | 443 | |||||||
167,095 | Wolters Kluwer NV | 5,612 | ||||||||
18,750 | * | Woongjin Thinkbig Co Ltd | 162 | |||||||
155,700 | Workpoint Entertainment PCL | 188 | ||||||||
75,155 | e | World Wrestling Entertainment, Inc (Class A) | 1,341 | |||||||
5,000 | * | Wowow, Inc | 126 | |||||||
4,395,525 | WPP plc | 101,105 | ||||||||
53,916 | *,e | Yellow Pages Ltd | 595 | |||||||
8,832 | YG Entertainment, Inc | 333 | ||||||||
460,582 | * | Zee Entertainment Enterprises Ltd | 704 | |||||||
848,987 | ZEE Telefilms Ltd | 5,597 | ||||||||
19,900 | Zenrin Co Ltd | 405 | ||||||||
TOTAL MEDIA | 3,501,193 | |||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 9.0% | ||||||||||
32,815 | *,e | AB Science S.A. | 435 | |||||||
5,629,450 | AbbVie, Inc | 333,489 | ||||||||
363,897 | Abcam plc | 3,565 | ||||||||
33,115 | *,e | Abeona Therapeutics, Inc | 111 | |||||||
42,816 | *,e | Ablynx NV | 739 | |||||||
229,873 | *,e | Acadia Pharmaceuticals, Inc | 8,195 | |||||||
54,875 | *,e | Accelerate Diagnostics, Inc | 1,179 | |||||||
53,184 | *,e | Acceleron Pharma, Inc | 2,593 | |||||||
493,666 | *,e | Achillion Pharmaceuticals, Inc | 5,327 | |||||||
12,953 | * | Aclaris Therapeutics, Inc | 349 | |||||||
137,805 | *,e | Acorda Therapeutics, Inc | 5,895 | |||||||
125,051 | Actelion Ltd | 17,375 | ||||||||
27,337 | * | Adamas Pharmaceuticals, Inc | 774 | |||||||
42,394 | Adcock Ingram Holdings Ltd | 137 |
114 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
2,585 | * | Adocia | $ | 205 | ||||||
44,837 | *,e | Aduro Biotech, Inc | 1,262 | |||||||
73,548 | *,e | Advaxis, Inc | 740 | |||||||
62,917 | *,e | Aegerion Pharmaceuticals, Inc | 635 | |||||||
89,125 | *,e | Aerie Pharmaceuticals, Inc | 2,170 | |||||||
38,172 | *,e | Affimed NV | 272 | |||||||
254,620 | *,e | Affymetrix, Inc | 2,569 | |||||||
188,353 | *,e | Agenus, Inc | 855 | |||||||
24,883 | *,e | Agile Therapeutics, Inc | 243 | |||||||
1,643,193 | Agilent Technologies, Inc | 68,702 | ||||||||
47,003 | *,e | Agios Pharmaceuticals, Inc | 3,051 | |||||||
42,927 | *,e | Aimmune Therapeutics, Inc | 792 | |||||||
19,528 | Ajanta Pharma Ltd | 391 | ||||||||
66,156 | * | Akebia Therapeutics, Inc | 855 | |||||||
143,031 | *,e | Akorn, Inc | 5,336 | |||||||
63,937 | *,e | Albany Molecular Research, Inc | 1,269 | |||||||
58,540 | *,e | Alder Biopharmaceuticals, Inc | 1,934 | |||||||
90,079 | Alembic Pharmaceuticals Ltd | 946 | ||||||||
1,024,677 | * | Alexion Pharmaceuticals, Inc | 195,457 | |||||||
76,196 | *,e | Alimera Sciences, Inc | 184 | |||||||
5,198 | ALK-Abello AS | 661 | ||||||||
231,599 | * | Alkermes plc | 18,384 | |||||||
1,986,320 | * | Allergan plc | 620,725 | |||||||
108,161 | * | Alnylam Pharmaceuticals, Inc | 10,182 | |||||||
93,819 | *,e | AMAG Pharmaceuticals, Inc | 2,832 | |||||||
2,289,164 | Amgen, Inc | 371,600 | ||||||||
6,448 | Amicogen, Inc | 360 | ||||||||
286,459 | *,e | Amicus Therapeutics, Inc | 2,779 | |||||||
114,333 | *,e | Amphastar Pharmaceuticals, Inc | 1,627 | |||||||
158,878 | * | Anacor Pharmaceuticals, Inc | 17,948 | |||||||
28,668 | *,e | ANI Pharmaceuticals, Inc | 1,294 | |||||||
184,595 | *,e | Anthera Pharmaceuticals, Inc | 857 | |||||||
51,636 | * | Applied Genetic Technologies Corp | 1,053 | |||||||
77,027 | *,e | Aratana Therapeutics, Inc | 430 | |||||||
39,241 | * | Ardelyx, Inc | 711 | |||||||
692,582 | *,e | Arena Pharmaceuticals, Inc | 1,316 | |||||||
538,599 | *,e | Ariad Pharmaceuticals, Inc | 3,366 | |||||||
346,521 | *,e | Array Biopharma, Inc | 1,462 | |||||||
146,813 | *,e | Arrowhead Research Corp | 903 | |||||||
136,683 | Ascendis Health Ltd | 180 | ||||||||
17,200 | ASKA Pharmaceutical Co Ltd | 212 | ||||||||
411,318 | Aspen Pharmacare Holdings Ltd | 8,212 | ||||||||
38,544 | *,e | Assembly Biosciences, Inc | 289 | |||||||
2,195,903 | Astellas Pharma, Inc | 31,260 | ||||||||
29,496 | *,e | Asterias Biotherapeutics, Inc | 116 | |||||||
5,855 | * | AstraZeneca Pharma India Ltd | 110 | |||||||
1,648,938 | AstraZeneca plc | 111,381 | ||||||||
274,300 | e | AstraZeneca plc (ADR) | 9,312 | |||||||
63,147 | *,e | Atara Biotherapeutics, Inc | 1,668 | |||||||
14,616 | *,e | aTyr Pharma, Inc | 144 | |||||||
494,194 | Aurobindo Pharma Ltd | 6,518 | ||||||||
95,012 | *,e | Avalanche Biotechnologies, Inc | 905 |
115 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
32,600 | *,e | Axovant Sciences Ltd | $ | 588 | ||||||
8,506 | *,e | Basilea Pharmaceutica | 818 | |||||||
47,954 | *,e | Bavarian Nordic AS | 2,478 | |||||||
1,676,330 | Baxalta, Inc | 65,427 | ||||||||
1,226,850 | Bayer AG. | 153,222 | ||||||||
272,000 | e | Beijing Tong Ren Tang Chinese Medicine Co Ltd | 346 | |||||||
21,465 | *,e | Bellicum Pharmaceuticals, Inc | 435 | |||||||
21,478 | * | Binex Co Ltd | 292 | |||||||
132,527 | Biocon Ltd | 1,034 | ||||||||
273,132 | *,e | BioCryst Pharmaceuticals, Inc | 2,819 | |||||||
121,829 | *,e | BioDelivery Sciences International, Inc | 584 | |||||||
11,564 | Biogaia AB (B Shares) | 385 | ||||||||
761,791 | * | Biogen Idec, Inc | 233,375 | |||||||
844,050 | * | BioMarin Pharmaceutical, Inc | 88,423 | |||||||
72,047 | * | Bio-Rad Laboratories, Inc (Class A) | 9,990 | |||||||
43,650 | * | Biospecifics Technologies Corp | 1,876 | |||||||
94,758 | Bio-Techne Corp | 8,528 | ||||||||
6,201 | Biotest AG. | 126 | ||||||||
17,422 | e | Biotest AG. (Preference) | 290 | |||||||
142,584 | *,e | BioTime, Inc | 585 | |||||||
1,531,547 | * | Biovitrum AB | 24,293 | |||||||
65,039 | *,e | Bluebird Bio, Inc | 4,177 | |||||||
25,004 | *,e | Blueprint Medicines Corp | 659 | |||||||
14,922 | Boiron S.A. | 1,208 | ||||||||
19,462 | Boryung Pharmaceutical Co Ltd | 927 | ||||||||
4,839,803 | Bristol-Myers Squibb Co | 332,930 | ||||||||
257,400 | *,e | Bruker BioSciences Corp | 6,247 | |||||||
332,618 | * | BTG plc | 3,370 | |||||||
21,643 | Bukwang Pharmaceutical Co Ltd | 465 | ||||||||
92,219 | Cadila Healthcare Ltd | 456 | ||||||||
27,981 | *,e | Calithera Biosciences, Inc | 214 | |||||||
178,565 | * | Cambrex Corp | 8,409 | |||||||
90,539 | * | Cara Therapeutics Inc | 1,526 | |||||||
44,559 | *,e | Carbylan Therapeutics, Inc | 161 | |||||||
290,498 | * | Catalent, Inc | 7,271 | |||||||
200,032 | *,e | Catalyst Pharmaceuticals, Inc | 490 | |||||||
3,652,764 | * | Celgene Corp | 437,455 | |||||||
5,338 | Cell Biotech Co Ltd | 257 | ||||||||
292,623 | *,e | Celldex Therapeutics, Inc | 4,588 | |||||||
21,302 | *,e | Cellectis S.A. | 642 | |||||||
10,778 | * | Celltrion Pharm Inc | 160 | |||||||
134,862 | *,e | Celltrion, Inc | 9,622 | |||||||
25,003 | * | Cellular Biomedicine Group, Inc | 537 | |||||||
88,555 | *,e | Cempra, Inc | 2,757 | |||||||
135,485 | Center Laboratories, Inc | 304 | ||||||||
204,231 | * | Cepheid, Inc | 7,461 | |||||||
112,065 | * | Charles River Laboratories International, Inc | 9,009 | |||||||
81,299 | *,e | ChemoCentryx, Inc | 659 | |||||||
32,248 | *,e | Chiasma, Inc | 631 | |||||||
124,724 | * | Chimerix, Inc | 1,116 | |||||||
10,235,300 | *,e,m | China Animal Healthcare Ltd | 13 | |||||||
740,000 | * | China Grand Pharmaceutical and Healthcare Holdings Ltd | 175 |
116 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,410,000 | China Medical System Holdings Ltd | $ | 2,066 | |||||||
19,235,000 | *,e | China Regenerative Medicine International Ltd | 1,012 | |||||||
765,000 | China Shineway Pharmaceutical Group Ltd | 971 | ||||||||
2,635 | Chong Kun Dang Pharm Corp | 247 | ||||||||
34,894 | Chong Kun Dang Pharmaceutical Corp | 2,826 | ||||||||
11,069 | Choongwae Pharma Corp | 340 | ||||||||
239,600 | Chugai Pharmaceutical Co Ltd | 8,352 | ||||||||
11,916 | *,e | Cidara Therapeutics, Inc | 204 | |||||||
883,642 | Cipla Ltd | 8,662 | ||||||||
2,556,000 | CK Life Sciences International Holdings, Inc | 230 | ||||||||
108,934 | Clinigen Group plc | 1,147 | ||||||||
90,239 | *,e | Clovis Oncology, Inc | 3,158 | |||||||
8,800 | e | CMIC Co Ltd | 112 | |||||||
721,694 | *,e | Coherus Biosciences, Inc | 16,570 | |||||||
23,363 | *,e | Collegium Pharmaceutical, Inc | 642 | |||||||
91,931 | * | Concert Pharmaceuticals Inc | 1,744 | |||||||
37,077 | e | Concordia Healthcare Corp | 1,515 | |||||||
889,000 | e | Consun Pharmaceutical Group Ltd | 583 | |||||||
181,428 | *,e | Corcept Therapeutics, Inc | 904 | |||||||
24,273 | *,e | Corium International, Inc | 197 | |||||||
75,434 | *,e | CorMedix, Inc | 153 | |||||||
13,108 | * | Cosmo Pharmaceuticals S.A. | 2,123 | |||||||
819,890 | CSL Ltd | 62,508 | ||||||||
5,268,777 | CSPC Pharmaceutical Group Ltd | 5,372 | ||||||||
12,872 | * | CTC BIO, Inc | 167 | |||||||
587,519 | *,e | CTI BioPharma Corp | 723 | |||||||
273,819 | *,e | Curis, Inc | 797 | |||||||
213,666 | *,e | Cytokinetics, Inc | 2,235 | |||||||
17,210 | *,e | CytomX Therapeutics, Inc | 359 | |||||||
176,731 | *,e | CytRx Corp | 468 | |||||||
10,763 | Dae Hwa Pharmaceutical Co Ltd | 336 | ||||||||
7,535 | * | Daehan New Pharm Co Ltd | 99 | |||||||
9,753 | Daewon Pharmaceutical Co Ltd | 145 | ||||||||
7,314 | Daewoong Co Ltd | 350 | ||||||||
4,481 | Daewoong Pharmaceutical Co Ltd | 268 | ||||||||
1,779,480 | Daiichi Sankyo Co Ltd | 36,728 | ||||||||
364,023 | e | Dainippon Sumitomo Pharma Co Ltd | 4,289 | |||||||
1,232,000 | Dawnrays Pharmaceutical Holdings Ltd | 955 | ||||||||
17,571 | *,e | DBV Technologies S.A. | 1,266 | |||||||
196,686 | *,e | Depomed, Inc | 3,566 | |||||||
55,772 | * | Dermira, Inc | 1,930 | |||||||
66,003 | *,e | Dicerna Pharmaceuticals Inc | 783 | |||||||
148,289 | Dishman Pharmaceuticals & Chemicals Ltd | 762 | ||||||||
111,483 | Divi S Laboratories Ltd | 1,942 | ||||||||
1,968 | Dong-A Pharmaceutical Co Ltd | 282 | ||||||||
3,734 | Dong-A ST Co Ltd | 463 | ||||||||
12,283 | DongKook Pharmaceutical Co Ltd | 608 | ||||||||
207,583 | Dr Reddy’s Laboratories Ltd | 9,745 | ||||||||
281,061 | *,e | Durect Corp | 621 | |||||||
458,551 | * | Dyax Corp | 17,251 | |||||||
111,967 | * | Dynavax Technologies Corp | 2,705 | |||||||
23,559 | *,e | Eagle Pharmaceuticals, Inc | 2,089 |
117 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
17,676 | *,e | Edge Therapeutics, Inc | $ | 221 | ||||||
267,021 | Eisai Co Ltd | 17,664 | ||||||||
4,448,914 | Eli Lilly & Co | 374,865 | ||||||||
84,489 | * | Emergent Biosolutions, Inc | 3,380 | |||||||
46,222 | *,e | Enanta Pharmaceuticals, Inc | 1,526 | |||||||
1,026,879 | *,e | Endo International plc | 62,866 | |||||||
103,292 | *,e | Endocyte, Inc | 414 | |||||||
74,280 | *,e | Epizyme, Inc | 1,190 | |||||||
21,800 | e | EPS Co Ltd | 240 | |||||||
45,327 | *,e | Esperion Thereapeutics, Inc | 1,009 | |||||||
278,000 | Essex Bio-technology Ltd | 173 | ||||||||
19,673 | Eurofins Scientific | 6,862 | ||||||||
104,050 | * | Evotec AG. | 467 | |||||||
252,718 | *,e | Exact Sciences Corp | 2,333 | |||||||
621,413 | *,e | Exelixis, Inc | 3,505 | |||||||
503,196 | Faes Farma S.A. (Sigma) | 1,504 | ||||||||
86,030 | FDC Ltd | 299 | ||||||||
63,983 | *,e | Fibrocell Science, Inc | 291 | |||||||
197,063 | *,e | FibroGen, Inc | 6,005 | |||||||
124,208 | * | Five Prime Therapeutics, Inc | 5,155 | |||||||
9,662 | *,e | Flex Pharma, Inc | 120 | |||||||
35,611 | *,e | Flexion Therapeutics Inc | 686 | |||||||
73,920 | *,e | Fluidigm Corp | 799 | |||||||
59,676 | *,e | Foamix Pharmaceuticals Ltd | 484 | |||||||
28,185 | *,e | Foundation Medicine, Inc | 594 | |||||||
74,000 | Fuji Pharma Co Ltd | 1,341 | ||||||||
28,713 | * | Galapagos NV | 1,773 | |||||||
436,071 | *,e | Galena Biopharma, Inc | 641 | |||||||
4,036 | * | Genexine Co Ltd | 319 | |||||||
16,646 | *,e | Genfit | 586 | |||||||
65,857 | * | Genmab AS | 8,757 | |||||||
125,883 | *,e | Genocea Biosciences Inc | 663 | |||||||
43,541 | *,e | Genomic Health, Inc | 1,533 | |||||||
1,889,600 | *,e | Genomma Lab Internacional S.A. de C.V. | 1,519 | |||||||
76,634 | Genus plc | 1,757 | ||||||||
580,840 | *,e | Geron Corp | 2,811 | |||||||
32,271 | Gerresheimer AG. | 2,522 | ||||||||
5,432,365 | Gilead Sciences, Inc | 549,701 | ||||||||
6,388,032 | GlaxoSmithKline plc | 129,012 | ||||||||
155,863 | Glenmark Pharmaceuticals Ltd | 2,164 | ||||||||
26,683 | *,e | Global Blood Therapeutics, Inc | 863 | |||||||
46,785 | * | Granules India Ltd | 105 | |||||||
5,157 | Green Cross Corp | 798 | ||||||||
79,714 | Green Cross Holdings Corp | 2,825 | ||||||||
227,512 | Grifols S.A. | 10,516 | ||||||||
203,113 | *,e | GW Pharmaceuticals plc | 1,180 | |||||||
1,932,719 | *,e | H Lundbeck AS | 65,993 | |||||||
342,321 | *,e | Halozyme Therapeutics, Inc | 5,932 | |||||||
23,063 | * | Han All Pharmarceutical Co | 254 | |||||||
14,012 | Hanmi Holdings Co Ltd | 1,519 | ||||||||
6,274 | Hanmi Pharm Co Ltd | 3,843 | ||||||||
88,204 | *,e | Harvard Bioscience, Inc | 306 |
118 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
82,015 | *,e | Heron Therapeutics, Inc | $ | 2,190 | ||||||
13,250 | * | Heska Corp | 513 | |||||||
411,238 | Hikma Pharmaceuticals plc | 13,941 | ||||||||
166,313 | Hisamitsu Pharmaceutical Co, Inc | 6,982 | ||||||||
7,872,062 | e | Hua Han Bio-Pharmaceutical Holdings Ltd | 1,091 | |||||||
4,558 | * | Humedix Co Ltd | 236 | |||||||
7,235 | Huons Co Ltd | 557 | ||||||||
8,529 | * | Hutchison China MediTech Ltd | 351 | |||||||
221,979 | *,e | Idera Pharmaceuticals, Inc | 686 | |||||||
79,756 | *,e | Ignyta, Inc | 1,069 | |||||||
83,105 | Il Dong Pharmaceutical Co Ltd | 1,769 | ||||||||
564,303 | * | Illumina, Inc | 108,315 | |||||||
13,024 | * | Ilyang Pharmaceutical Co Ltd | 537 | |||||||
28,227 | *,e | Immune Design Corp | 567 | |||||||
231,906 | *,e | Immunogen, Inc | 3,147 | |||||||
239,745 | *,e | Immunomedics, Inc | 736 | |||||||
199,239 | * | Impax Laboratories, Inc | 8,519 | |||||||
133,113 | * | INC Research Holdings, Inc | 6,457 | |||||||
558,165 | * | Incyte Corp | 60,533 | |||||||
1,704,039 | Indivior plc | 4,709 | ||||||||
19,038 | Indoco Remedies Ltd | 94 | ||||||||
210,048 | *,e | Infinity Pharmaceuticals, Inc | 1,649 | |||||||
34,760 | * | Innate Pharma S.A. | 510 | |||||||
176,252 | *,e | Inovio Pharmaceuticals, Inc | 1,184 | |||||||
196,546 | * | Insmed, Inc | 3,567 | |||||||
309,579 | *,e | Insys Therapeutics, Inc | 8,863 | |||||||
26,401 | *,e | Intercept Pharmaceuticals, Inc | 3,943 | |||||||
48,178 | *,e | Intersect ENT, Inc | 1,084 | |||||||
77,845 | *,e | Intra-Cellular Therapies, Inc | 4,187 | |||||||
87,723 | *,e | Intrexon Corp | 2,645 | |||||||
11,974 | * | iNtRON Biotechnology, Inc | 547 | |||||||
20,743 | *,e | Invitae Corp | 170 | |||||||
233,405 | *,e | Ionis Pharmaceuticals, Inc | 14,455 | |||||||
66,742 | Ipca Laboratories Ltd | 746 | ||||||||
287,467 | Ipsen | 19,047 | ||||||||
316,465 | * | Ironwood Pharmaceuticals, Inc | 3,668 | |||||||
16,700 | *,e | Japan Tissue Engineering Co Lt | 151 | |||||||
286,354 | * | Jazz Pharmaceuticals plc | 40,250 | |||||||
11,300 | e | JCR Pharmaceuticals Co Ltd | 246 | |||||||
15,207 | Jeil Pharmaceutical Co | 494 | ||||||||
8,281,352 | Johnson & Johnson | 850,660 | ||||||||
154,796 | *,e | Juno Therapeutics, Inc | 6,806 | |||||||
28,567 | JW Holdings Corp | 211 | ||||||||
77,600 | Kaken Pharmaceutical Co Ltd | 5,303 | ||||||||
59,130 | *,e | Karyopharm Therapeutics, Inc | 783 | |||||||
260,426 | *,e | Keryx Biopharmaceuticals, Inc | 1,315 | |||||||
93,000 | Kissei Pharmaceutical Co Ltd | 2,333 | ||||||||
126,958 | *,e | Kite Pharma, Inc | 7,823 | |||||||
65,412 | * | Knight Therapeutics, Inc | 365 | |||||||
4,243 | Kolon Life Science, Inc | 710 | ||||||||
31,213 | * | Komipharm International Co Ltd | 1,018 | |||||||
163,431 | Kwang Dong Pharmaceutical Co Ltd | 1,540 |
119 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
9,886 | * | Kyongbo Pharmaceutical Co Ltd | $ | 118 | ||||||
44,636 | Kyorin Co Ltd | 930 | ||||||||
421,091 | Kyowa Hakko Kogyo Co Ltd | 6,626 | ||||||||
15,888 | Kyungdong Pharm Co Ltd | 264 | ||||||||
33,058 | *,e | La Jolla Pharmaceutical Co | 893 | |||||||
227,417 | Laboratorios Almirall S.A. | 4,596 | ||||||||
13,028 | Laboratorios Farmaceuticos Rovi S.A | 204 | ||||||||
100,352 | *,e | Lannett Co, Inc | 4,026 | |||||||
248,500 | e | Lee’s Pharmaceutical Holdings Ltd | 310 | |||||||
132,694 | *,e | Lexicon Pharmaceuticals, Inc | 1,766 | |||||||
11,237 | * | LG Life Sciences Ltd | 573 | |||||||
50,258 | *,e | Ligand Pharmaceuticals, Inc (Class B) | 5,449 | |||||||
112,930 | *,e | Lion Biotechnologies, Inc | 872 | |||||||
176,670 | Livzon Pharmaceutical Group, Inc | 846 | ||||||||
414,133 | Lonza Group AG. | 67,352 | ||||||||
77,000 | * | Lotus Pharmaceutical Co Ltd | 162 | |||||||
20,340 | *,e | Loxo Oncology, Inc | 579 | |||||||
112,995 | * | Luminex Corp | 2,417 | |||||||
332,722 | Lupin Ltd | 9,206 | ||||||||
1,721,500 | *,e | Luye Pharma Group Ltd | 1,791 | |||||||
7,802 | Macrogen, Inc | 228 | ||||||||
85,362 | * | MacroGenics, Inc | 2,644 | |||||||
307,286 | * | Mallinckrodt plc | 22,933 | |||||||
611,112 | *,e | MannKind Corp | 886 | |||||||
621,535 | Marksans Pharma Ltd | 980 | ||||||||
560,206 | * | Mayne Pharma Group Ltd | 572 | |||||||
222,186 | Meda AB (A Shares) | 2,801 | ||||||||
71,910 | *,e | Medgenics, Inc | 433 | |||||||
241,168 | *,e | Medicines Co | 9,005 | |||||||
91,918 | * | Medigen Biotechnology Corp | 238 | |||||||
435,559 | * | Medivation, Inc | 21,055 | |||||||
67,359 | Medivir AB | 520 | ||||||||
8,634 | Medy-Tox, Inc | 3,731 | ||||||||
259,100 | Mega Lifesciences PCL | 119 | ||||||||
8,022,320 | Merck & Co, Inc | 423,739 | ||||||||
240,037 | Merck KGaA | 23,241 | ||||||||
4,376,660 | *,e | Merrimack Pharmaceuticals, Inc | 34,576 | |||||||
190,038 | *,e | Mesoblast Ltd | 254 | |||||||
95,896 | * | Mettler-Toledo International, Inc | 32,521 | |||||||
264,923 | *,e | MiMedx Group, Inc | 2,482 | |||||||
28,194 | *,e | Mirati Therapeutics, Inc | 891 | |||||||
11,400 | Mochida Pharmaceutical Co Ltd | 808 | ||||||||
5,207 | * | Molecular Partners AG. | 181 | |||||||
152,357 | * | Momenta Pharmaceuticals, Inc | 2,261 | |||||||
94,813 | * | Morphosys AG. | 5,900 | |||||||
2,128,794 | *,e | Mylan NV | 115,104 | |||||||
172,948 | *,e | Myriad Genetics, Inc | 7,464 | |||||||
31,700 | *,e | NanoCarrier Co Ltd | 272 | |||||||
33,609 | *,e | NanoString Technologies, Inc | 494 | |||||||
12,979 | *,e | NantKwest, Inc | 225 | |||||||
81,410 | Natco Pharma Ltd | 712 | ||||||||
21,466 | *,e | Natera, Inc | 232 |
120 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
13,627 | * | Naturalendo Tech Co Ltd | $ | 239 | ||||||
397,485 | *,e | Navidea Biopharmceuticals, Inc | 529 | |||||||
334,292 | *,e | Nektar Therapeutics | 5,633 | |||||||
153,098 | *,e | NeoGenomics, Inc | 1,205 | |||||||
11,977 | *,e | Neos Therapeutics, Inc | 172 | |||||||
263,014 | * | Neurocrine Biosciences, Inc | 14,879 | |||||||
4,676 | *,e | Neuroderm Ltd | 80 | |||||||
91,913 | *,e | NewLink Genetics Corp | 3,345 | |||||||
9,771 | *,e | Newron Pharmaceuticals S.p.A | 250 | |||||||
54,650 | Nichi-iko Pharmaceutical Co Ltd | 1,302 | ||||||||
43,000 | e | Nippon Shinyaku Co Ltd | 1,589 | |||||||
4,377 | * | Nivalis Therapeutics, Inc | 34 | |||||||
123,622 | *,e | Northwest Biotherapeutics, Inc | 396 | |||||||
4,762,452 | Novartis AG. | 409,663 | ||||||||
803,222 | *,e | Novavax, Inc | 6,739 | |||||||
3,356,034 | Novo Nordisk AS | 194,308 | ||||||||
164,000 | * | OBI Pharma, Inc | 3,257 | |||||||
110,257 | *,e | Ocata Therapeutics, Inc | 928 | |||||||
38,952 | *,e | Ocular Therapeutix, Inc | 365 | |||||||
93,297 | *,e | Omeros Corp | 1,468 | |||||||
78,098 | *,e | OncoMed Pharmaceuticals, Inc | 1,760 | |||||||
109,800 | *,e | OncoTherapy Science, Inc | 276 | |||||||
240,555 | *,e | Oncothyreon, Inc | 534 | |||||||
130,923 | Oneness Biotech Co Ltd | 155 | ||||||||
150,651 | Ono Pharmaceutical Co Ltd | 26,863 | ||||||||
105,788 | * | Ophthotech Corp | 8,308 | |||||||
613,553 | *,e | Opko Health, Inc | 6,166 | |||||||
508,887 | *,e | Orexigen Therapeutics, Inc | 875 | |||||||
15,760 | * | Orexo AB | 117 | |||||||
239,440 | *,e | Organovo Holdings, Inc | 596 | |||||||
95,674 | Orion Oyj (Class B) | 3,310 | ||||||||
43,924 | e | Osiris Therapeutics, Inc | 456 | |||||||
37,907 | * | Otonomy, Inc | 1,052 | |||||||
836,520 | Otsuka Holdings KK | 29,721 | ||||||||
128,700 | Ouro Fino Saude Animal Participacoes S.A. | 1,136 | ||||||||
58,137 | *,e | OvaScience, Inc | 568 | |||||||
158,237 | *,e | Pacific Biosciences of California, Inc | 2,078 | |||||||
91,323 | *,e | Pacira Pharmaceuticals, Inc | 7,013 | |||||||
1,782,786 | *,e | Paion AG. | 4,359 | |||||||
31,387 | *,e | Paratek Pharmaceuticals, Inc | 595 | |||||||
184,833 | * | Parexel International Corp | 12,591 | |||||||
406,563 | e | PDL BioPharma, Inc | 1,439 | |||||||
24,000 | *,e | PeptiDream, Inc | 764 | |||||||
513,346 | *,e | Peregrine Pharmaceuticals, Inc | 601 | |||||||
369,946 | PerkinElmer, Inc | 19,818 | ||||||||
112,301 | *,e | Pernix Therapeutics Holdings, Inc | 331 | |||||||
476,866 | Perrigo Co plc | 69,003 | ||||||||
91,641 | * | Pfenex, Inc | 1,135 | |||||||
18,338 | Pfizer Ltd | 652 | ||||||||
24,137,935 | Pfizer, Inc | 779,173 | ||||||||
145,156 | *,e | Pharma Mar S.A. | 395 | |||||||
3,775 | * | PHARMA RESEARCH PRODUCTS Co Ltd | 231 |
121 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
50,861 | PharmaEngine Inc | $ | 370 | |||||||
16,000 | Pharmally International Holding Co Ltd | 175 | ||||||||
18,341 | * | Pharmstandard (GDR) | 77 | |||||||
80,241 | e | Phibro Animal Health Corp | 2,418 | |||||||
112,025 | Piramal Healthcare Ltd | 1,701 | ||||||||
159,598 | * | Portola Pharmaceuticals, Inc | 8,211 | |||||||
241,468 | *,e | Pozen, Inc | 1,649 | |||||||
71,067 | *,e | PRA Health Sciences, Inc | 3,217 | |||||||
178,064 | * | Prestige Brands Holdings, Inc | 9,167 | |||||||
174,817 | *,e | Progenics Pharmaceuticals, Inc | 1,072 | |||||||
480,022 | *,e | ProMetic Life Sciences, Inc | 1,166 | |||||||
14,444 | *,e | Proteon Therapeutics, Inc | 224 | |||||||
89,691 | *,e | Prothena Corp plc | 6,109 | |||||||
26,012,482 | PT Kalbe Farma Tbk | 2,475 | ||||||||
106,305 | *,e | PTC Therapeutics, Inc | 3,444 | |||||||
45,585 | *,e | Puma Biotechnology, Inc | 3,574 | |||||||
96,785 | * | PureTech Health plc | 233 | |||||||
237,450 | * | Qiagen NV | 6,436 | |||||||
481,126 | * | Qiagen NV (NASDAQ) | 13,303 | |||||||
249,210 | * | Quintiles Transnational Holdings, Inc | 17,111 | |||||||
103,214 | * | Radius Health, Inc | 6,352 | |||||||
200,306 | * | Raptor Pharmaceutical Corp | 1,042 | |||||||
25,904 | e | Recipharm AB | 388 | |||||||
281,011 | Recordati S.p.A. | 7,332 | ||||||||
192,229 | * | Regeneron Pharmaceuticals, Inc | 104,355 | |||||||
15,184 | *,e | REGENXBIO, Inc | 252 | |||||||
69,885 | *,e | Regulus Therapeutics, Inc | 609 | |||||||
124,432 | *,e | Relypsa, Inc | 3,526 | |||||||
103,302 | * | Repligen Corp | 2,922 | |||||||
100,915 | * | Retrophin, Inc | 1,947 | |||||||
43,983 | *,e | Revance Therapeutics, Inc | 1,502 | |||||||
3,906 | Reyon Pharmaceutical Co Ltd | 125 | ||||||||
139,646 | Richter Gedeon Rt | 2,636 | ||||||||
624,359 | * | Rigel Pharmaceuticals, Inc | 1,892 | |||||||
1,254,163 | Roche Holding AG. | 347,539 | ||||||||
123,600 | Rohto Pharmaceutical Co Ltd | 2,466 | ||||||||
40,744 | *,e | Sage Therapeutics, Inc | 2,375 | |||||||
57,661 | * | Sagent Pharmaceuticals | 917 | |||||||
49,462 | Samjin Pharmaceutical Co Ltd | 972 | ||||||||
20,842 | * | Samsung Pharmaceutical Co Ltd | 161 | |||||||
176,908 | *,e | Sangamo Biosciences, Inc | 1,615 | |||||||
20,089 | Sanofi India Ltd | 1,326 | ||||||||
2,366,556 | Sanofi-Aventis | 201,682 | ||||||||
605,400 | Santen Pharmaceutical Co Ltd | 9,967 | ||||||||
3,249 | *,e | Santhera Pharmaceutical Holding AG. | 290 | |||||||
110,733 | *,e | Sarepta Therapeutics, Inc | 4,272 | |||||||
77,900 | Sawai Pharmaceutical Co Ltd | 5,333 | ||||||||
130,788 | * | Sciclone Pharmaceuticals, Inc | 1,203 | |||||||
201,776 | Scinopharm Taiwan Ltd | 329 | ||||||||
197,146 | *,e | Seattle Genetics, Inc | 8,848 | |||||||
48,720 | Seegene, Inc | 1,551 |
122 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
650,600 | Seikagaku Corp | $ | 9,694 | |||||||
319,874 | *,e | Sequenom, Inc | 525 | |||||||
12,997 | * | Sequent Scientific Ltd | 245 | |||||||
19,731 | *,e | Seres Therapeutics, Inc | 692 | |||||||
394,000 | Shandong Luoxin Pharmacy Stock Co Ltd | 628 | ||||||||
748,000 | Shandong Xinhua Pharmaceutical Co Ltd | 492 | ||||||||
240,000 | Shanghai Dingli Technology Dev | 199 | ||||||||
566,067 | e | Shanghai Fosun Pharmaceutical Group Co Ltd | 1,638 | |||||||
266,000 | e | Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co Ltd | 285 | |||||||
15,208 | * | Shilpa Medicare Ltd | 114 | |||||||
623,195 | Shionogi & Co Ltd | 28,187 | ||||||||
1,072,512 | Shire Ltd | 73,582 | ||||||||
3,064 | Siegfried Holding AG. | 600 | ||||||||
18,877,032 | m | Sihuan Pharmaceutical Holdings | 5,331 | |||||||
16,223,898 | Sino Biopharmaceutical | 14,668 | ||||||||
115,597 | Sirtex Medical Ltd | 3,350 | ||||||||
186,401 | * | Skyepharma plc | 1,086 | |||||||
976,029 | *,m | Skyline Venture Fund III Ltd | 10 | |||||||
152,105 | *,e | Sorrento Therapeutics, Inc | 1,325 | |||||||
12,100 | e | Sosei Group | 988 | |||||||
45,982 | *,e | Spark Therapeutics, Inc | 2,083 | |||||||
170,227 | *,e | Spectrum Pharmaceuticals, Inc | 1,026 | |||||||
2,611,703 | e | SSY Group Ltd | 671 | |||||||
218,016 | Stada Arzneimittel AG. | 8,792 | ||||||||
2,694 | * | Stallergenes Greer plc | 94 | |||||||
48,461 | * | Stemline Therapeutics, Inc | 306 | |||||||
144,005 | Strides Arcolab Ltd | 2,795 | ||||||||
170,559 | * | Sucampo Pharmaceuticals, Inc (Class A) | 2,949 | |||||||
56,762 | * | Sun Pharma Advanced Research Company Ltd | 290 | |||||||
1,861,377 | * | Sun Pharmaceutical Industries Ltd | 23,026 | |||||||
114,372 | * | Supernus Pharmaceuticals, Inc | 1,537 | |||||||
44,105 | * | Suven Life Sciences Ltd | 177 | |||||||
277,480 | *,e | Synergy Pharmaceuticals, Inc | 1,573 | |||||||
23,787 | *,e | T2 Biosystems, Inc | 260 | |||||||
209,000 | * | Taigen Biopharmaceuticals Holdings Ltd | 214 | |||||||
49,631 | Taisho Pharmaceutical Holdings Co Ltd | 3,505 | ||||||||
36,339 | * | Taiwan Liposome Co Ltd | 162 | |||||||
42,300 | e | Takara Bio, Inc | 422 | |||||||
833,564 | Takeda Pharmaceutical Co Ltd | 41,561 | ||||||||
405,974 | Tanabe Seiyaku Co Ltd | 6,994 | ||||||||
16,792 | * | Taro Pharmaceutical Industries Ltd | 2,595 | |||||||
9,606 | Tecan Group AG. | 1,556 | ||||||||
99,876 | *,e | Teligent, Inc | 889 | |||||||
77,203 | *,e | TESARO, Inc | 4,039 | |||||||
109,415 | *,e | Tetraphase Pharmaceuticals, Inc | 1,097 | |||||||
1,313,648 | Teva Pharmaceutical Industries Ltd | 85,704 | ||||||||
435,751 | Teva Pharmaceutical Industries Ltd (ADR) | 28,603 | ||||||||
86,389 | *,e | TG Therapeutics, Inc | 1,031 | |||||||
317,446 | *,e | TherapeuticsMD, Inc | 3,292 | |||||||
64,293 | *,e | Theravance Biopharma, Inc | 1,054 | |||||||
210,350 | *,e | Theravance, Inc | 2,217 | |||||||
1,233,360 | Thermo Electron Corp | 174,952 |
123 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
162,958 | * | Threshold Pharmaceuticals, Inc | $ | 78 | ||||||
6,439 | *,e | Tobira Therapeutics, Inc | 65 | |||||||
26,483 | *,e | Tokai Pharmaceuticals, Inc | 231 | |||||||
1,457,000 | e | Tong Ren Tang Technologies Co Ltd | 2,384 | |||||||
29,600 | Torii Pharmaceutical Co Ltd | 679 | ||||||||
72,700 | Towa Pharmaceutical Co Ltd | 4,521 | ||||||||
157,331 | * | Trevena, Inc | 1,652 | |||||||
146,793 | *,e | Trovagene, Inc | 793 | |||||||
70,792 | Tsumura & Co | 1,966 | ||||||||
845,917 | TTY Biopharm Co Ltd | 3,009 | ||||||||
62,000 | * | TWi Pharmaceuticals, Inc | 348 | |||||||
297,916 | UCB S.A. | 26,891 | ||||||||
132,479 | * | Ultragenyx Pharmaceutical, Inc | 14,861 | |||||||
62,237 | Unichem Laboratories Ltd | 251 | ||||||||
423,500 | * | United Laboratories Ltd | 233 | |||||||
152,095 | * | United Therapeutics Corp | 23,820 | |||||||
533,395 | * | Valeant Pharmaceuticals International, Inc | 54,184 | |||||||
40,277 | *,e | Valneva SE | 166 | |||||||
103,460 | *,e | Vanda Pharmaceuticals, Inc | 963 | |||||||
481,514 | * | Vectura Group plc | 1,249 | |||||||
92,700 | *,e | Verastem, Inc | 172 | |||||||
57,408 | *,e | Versartis, Inc | 711 | |||||||
704,385 | * | Vertex Pharmaceuticals, Inc | 88,633 | |||||||
3,678 | e | Virbac S.A. | 878 | |||||||
11,838 | * | ViroMed Co Ltd | 1,830 | |||||||
35,308 | *,e | Vitae Pharmaceuticals, Inc | 639 | |||||||
72,021 | * | Vital Therapies, Inc | 830 | |||||||
30,828 | Vitrolife AB | 1,048 | ||||||||
274,810 | *,e | Vivus, Inc | 280 | |||||||
12,039 | * | Voyager Therapeutics, Inc | 264 | |||||||
5,424 | *,e | vTv Therapeutics, Inc | 37 | |||||||
106,506 | *,e | VWR Corp | 3,015 | |||||||
273,403 | * | Waters Corp | 36,795 | |||||||
11,415 | Whanin Pharmaceutical Co Ltd | 189 | ||||||||
1,668,000 | *,e | Winteam Pharmaceutical Group Ltd | 1,125 | |||||||
50,637 | * | Wockhardt Ltd | 1,163 | |||||||
9,992 | *,e | XBiotech, Inc | 109 | |||||||
86,898 | *,e | Xencor Inc | 1,270 | |||||||
182,118 | *,e | Xenoport, Inc | 1,000 | |||||||
9,301 | Yuhan Corp | 2,146 | ||||||||
85,819 | * | Yungjin Pharmaceutical Co Ltd | 154 | |||||||
379,050 | YungShin Global Holding Corp | 554 | ||||||||
41,391 | *,e | Zafgen, Inc | 260 | |||||||
10,238 | *,e | Zealand Pharma AS | 224 | |||||||
30,100 | Zeria Pharmaceutical Co Ltd | 399 | ||||||||
345,403 | *,e | ZIOPHARM Oncology, Inc | 2,870 | |||||||
1,683,483 | Zoetis Inc | 80,672 | ||||||||
62,448 | *,e | Zogenix, Inc | 920 | |||||||
7,863 | *,e | Zynerba Pharmaceuticals, Inc | 79 | |||||||
TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 10,229,872 |
124 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
REAL ESTATE - 4.0% | ||||||||||
16,950,000 | 8990 Holdings, Inc | $ | 2,558 | |||||||
588,857 | Abacus Property Group | 1,366 | ||||||||
173,833 | Acadia Realty Trust | 5,763 | ||||||||
789 | Activia Properties Inc | 3,353 | ||||||||
20,016 | * | ADLER Real Estate AG. | 309 | |||||||
20,729 | *,g | ADO Properties S.A. | 597 | |||||||
1,383 | Advance Residence Investment Corp | 3,041 | ||||||||
11,655 | Aedifica S.A. | 767 | ||||||||
35,276 | Aeon Mall Co Ltd | 605 | ||||||||
4,350 | e | AEON REIT Investment Corp | 5,148 | |||||||
10,966 | Africa Israel Properties Ltd | 116 | ||||||||
68,356 | AG Mortgage Investment Trust | 878 | ||||||||
3,851,018 | e | Agile Property Holdings Ltd | 2,138 | |||||||
53,816 | Agree Realty Corp | 1,829 | ||||||||
1,432,984 | AIMS AMP Capital Industrial REIT | 1,389 | ||||||||
45,819 | * | Airport City Ltd | 412 | |||||||
19,700 | Airport Facilities Co Ltd | 94 | ||||||||
3,735,741 | * | Aldar Properties PJSC | 2,337 | |||||||
122,036 | e | Alexander & Baldwin, Inc | 4,309 | |||||||
5,245 | Alexander’s, Inc | 2,015 | ||||||||
109,481 | Alexandria Real Estate Equities, Inc | 9,893 | ||||||||
77,900 | Aliansce Shopping Centers S.A. | 214 | ||||||||
11,614,681 | e | Allco Commercial Real Estate Investment Trust | 10,385 | |||||||
33,150 | Allied Properties Real Estate Investment Trust | 756 | ||||||||
16,417 | Allreal Holding AG. | 2,190 | ||||||||
88,491 | Alony Hetz Properties & Investments Ltd | 641 | ||||||||
101,535 | Alstria Office REIT-AG. | 1,353 | ||||||||
2,702 | *,e | Altisource Asset Management Corp | 46 | |||||||
91,065 | *,e | Altisource Portfolio Solutions S.A. | 2,533 | |||||||
200,552 | Altisource Residential Corp | 2,489 | ||||||||
29,007 | Altus Group Ltd | 406 | ||||||||
1,447,400 | Amata Corp PCL (Foreign) | 491 | ||||||||
1,625,878 | Amer Group Holding | 93 | ||||||||
132,934 | American Assets Trust,Inc | 5,098 | ||||||||
132,221 | American Campus Communities, Inc | 5,466 | ||||||||
831,001 | American Capital Agency Corp | 14,410 | ||||||||
120,555 | American Capital Mortgage, Inc | 1,683 | ||||||||
147,348 | American Homes 4 Rent | 2,455 | ||||||||
85,256 | e | American Residential Properties, Inc | 1,611 | |||||||
1,013,668 | American Tower Corp | 98,275 | ||||||||
177,030 | Amot Investments Ltd | 569 | ||||||||
4,497,800 | Ananda Development PCL | 519 | ||||||||
1,469,851 | Anant Raj Industries Ltd | 924 | ||||||||
4,963 | ANF Immobilier | 112 | ||||||||
2,132,729 | Annaly Capital Management, Inc | 20,005 | ||||||||
244,626 | Anworth Mortgage Asset Corp | 1,064 | ||||||||
6,057,760 | AP Thailand PCL (Foreign) | 896 | ||||||||
498,262 | Apartment Investment & Management Co (Class A) | 19,945 | ||||||||
184,404 | e | Apollo Commercial Real Estate Finance, Inc | 3,177 | |||||||
373,189 | e | Apple Hospitality REIT, Inc | 7,453 | |||||||
134,492 | e | Ares Commercial Real Estate Corp | 1,539 | |||||||
1,591,948 | e | Argosy Property Ltd | 1,245 |
125 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
192,911 | Armada Hoffler Properties, Inc | $ | 2,022 | |||||||
101,231 | ARMOUR Residential REIT, Inc | 2,203 | ||||||||
1,022,111 | Arrowhead Properties Ltd | 560 | ||||||||
917,495 | e | Arrowhead Properties Ltd (Class A) | 501 | |||||||
67,072 | Artis Real Estate Investment Trust | 620 | ||||||||
630,200 | Ascendas Hospitality Trust | 329 | ||||||||
1,550,900 | e | Ascendas India Trust | 952 | |||||||
648,387 | Ascendas REIT | 1,039 | ||||||||
1,840,302 | Ascott Residence Trust | 1,535 | ||||||||
125,245 | Ashford Hospitality Prime, Inc | 1,816 | ||||||||
205,069 | Ashford Hospitality Trust, Inc | 1,294 | ||||||||
449,575 | *,e | Attacq Ltd | 530 | |||||||
34,700 | *,e | AV Homes, Inc | 445 | |||||||
447,723 | AvalonBay Communities, Inc | 82,439 | ||||||||
952,439 | Aveo Group | 2,171 | ||||||||
70,946 | Axia Real Estate SOCIMI S.A. | 1,018 | ||||||||
1,011,895 | Axis Real Estate Investment Trust | 387 | ||||||||
9,052,030 | Ayala Land, Inc | 6,617 | ||||||||
29,916 | Azrieli Group | 1,114 | ||||||||
9,467,500 | Bangkokland PCL | 377 | ||||||||
116,411 | * | Barwa Real Estate Co | 1,274 | |||||||
1,425 | Bayside Land Corp | 430 | ||||||||
24,400 | Befimmo SCA Sicafi | 1,456 | ||||||||
4,452,000 | Beijing Capital Land Ltd | 2,025 | ||||||||
4,392,000 | * | Beijing Enterprises Medical & Health Group Ltd | 372 | |||||||
684,000 | e | Beijing North Star Co | 225 | |||||||
2,186,000 | *,e | Beijing Properties Holdings Ltd | 179 | |||||||
5,087,950 | Belle Corp | 313 | ||||||||
9,231,734 | e | Beni Stabili S.p.A. | 6,958 | |||||||
468,399 | Big Yellow Group plc | 5,556 | ||||||||
106,222 | BioMed Realty Trust, Inc | 2,516 | ||||||||
198,221 | Blackstone Mortgage Trust, Inc | 5,304 | ||||||||
964 | *,e | BLife Investment Corp | 1,995 | |||||||
73,077 | e | Bluerock Residential Growth REIT, Inc | 866 | |||||||
36,522 | Boardwalk Real Estate Investment Trust | 1,252 | ||||||||
526,207 | Boston Properties, Inc | 67,112 | ||||||||
1,070,335 | BR Malls Participacoes S.A. | 2,982 | ||||||||
161,308 | BR Properties S.A. | 342 | ||||||||
109,550 | Brandywine Realty Trust | 1,496 | ||||||||
1,996,563 | British Land Co plc | 23,102 | ||||||||
1,730,937 | Brixmor Property Group, Inc | 44,693 | ||||||||
1,212,862 | e | Brookfield Asset Management, Inc | 38,261 | |||||||
17,694 | Brookfield Canada Office Properties | 333 | ||||||||
1,188 | Brookfield Property Partners LP (Toronto) | 28 | ||||||||
1,436,375 | e | Bunnings Warehouse Property Trust | 3,290 | |||||||
188,963 | BUWOG AG. | 4,099 | ||||||||
34,321,726 | C C Land Holdings Ltd | 10,658 | ||||||||
64,361 | CA Immobilien Anlagen AG. | 1,177 | ||||||||
664,300 | e | Cache Logistics Trust | 425 | |||||||
783,309 | Cambridge Industrial Trust | 312 | ||||||||
106,387 | Camden Property Trust | 8,166 | ||||||||
497,632 | Campus Crest Communities, Inc | 3,384 |
126 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
221,736 | Canadian Apartment Properties REIT | $ | 4,301 | |||||||
34,447 | Canadian Real Estate Investment Trust | 1,047 | ||||||||
739,400 | CapitaCommercial Trust | 702 | ||||||||
828,447 | Capital & Counties Properties | 5,371 | ||||||||
3,468,180 | CapitaLand Ltd | 8,152 | ||||||||
1,614,281 | CapitaMall Trust | 2,190 | ||||||||
1,433,500 | CapitaMalls Malaysia Trust | 461 | ||||||||
474,232 | CapitaRetail China Trust | 497 | ||||||||
239,531 | e | Capstead Mortgage Corp | 2,094 | |||||||
215,421 | Care Capital Properties, Inc | 6,585 | ||||||||
129,273 | e | CareTrust REIT, Inc | 1,416 | |||||||
2,910,000 | *,e | Carnival Group International Holdings Ltd | 375 | |||||||
488,422 | Castellum AB | 6,956 | ||||||||
100,902 | CatchMark Timber Trust Inc | 1,141 | ||||||||
1,886,000 | Cathay Real Estate Development Co Ltd | 768 | ||||||||
679,999 | CBL & Associates Properties, Inc | 8,412 | ||||||||
1,964,852 | * | CBRE Group, Inc | 67,945 | |||||||
556,200 | CDL Hospitality Trusts | 519 | ||||||||
15,000,000 | Cebu Holdings, Inc | 1,650 | ||||||||
268,143 | Cedar Shopping Centers, Inc | 1,898 | ||||||||
149,970 | e | Cedar Woods Properties Ltd | 443 | |||||||
1,281,000 | e | Central China Real Estate Ltd | 267 | |||||||
1,176,600 | Central Pattana PCL (ADR) | 1,529 | ||||||||
1,203,800 | Central Pattana PCL (Foreign) | 1,564 | ||||||||
12,066,198 | Century Properties Group, Inc | 144 | ||||||||
6,083,636 | Champion Real Estate Investment Trust | 3,037 | ||||||||
749,314 | Charter Hall Group | 2,461 | ||||||||
158,122 | Chatham Lodging Trust | 3,238 | ||||||||
250,111 | Chesapeake Lodging Trust | 6,293 | ||||||||
4,221,691 | Cheuk Nang Holdings Ltd | 3,159 | ||||||||
4,548,010 | Cheung Kong Property Holdings Ltd | 29,421 | ||||||||
528,711 | Chimera Investment Corp | 7,212 | ||||||||
3,941,500 | e | China Aoyuan Property Group Ltd | 825 | |||||||
1,294,000 | e | China Merchants Land Ltd | 259 | |||||||
402,536 | * | China New City Commercial Development Ltd | 506 | |||||||
12,797,521 | *,e | China New Town Development Co Ltd | 475 | |||||||
3,798,000 | * | China Oceanwide Holdings Ltd | 507 | |||||||
994,000 | e | China Overseas Grand Oceans Group Ltd | 418 | |||||||
7,839,035 | e | China Overseas Land & Investment Ltd | 27,291 | |||||||
4,677,881 | China Resources Land Ltd | 13,536 | ||||||||
4,098,400 | China SCE Property Holdings Ltd | 925 | ||||||||
5,347,762 | e,m | China Vanke Co Ltd | 15,894 | |||||||
1,456,000 | g | China Vast Industrial Urban Development Co Ltd | 601 | |||||||
335,500 | e | Chinese Estates Holdings Ltd | 1,124 | |||||||
131,470 | Choice Properties REIT | 1,121 | ||||||||
164,088 | Chong Hong Construction Co | 239 | ||||||||
9,286,758 | e | CIFI Holdings Group Co Ltd | 2,060 | |||||||
172,528 | City Developments Ltd | 928 | ||||||||
347,830 | Citycon Oyj | 903 | ||||||||
20,008 | Cofinimmo | 2,137 | ||||||||
60,844 | Colliers International Group, Inc | 2,714 | ||||||||
411,932 | Colony Financial, Inc | 8,024 |
127 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
147,874 | * | Colony Starwood Homes | $ | 3,348 | ||||||
576,000 | e | Colour Life Services Group | 491 | |||||||
469,515 | e | Columbia Property Trust, Inc | 11,024 | |||||||
370 | e | Comforia Residential REIT, Inc | 700 | |||||||
72,206 | Cominar Real Estate Investment Trust | 768 | ||||||||
643,820 | Communications Sales & Leasing, Inc | 12,033 | ||||||||
900,200 | e | Concentradora Fibra Danhos S.A. de C.V. | 1,859 | |||||||
433,300 | Concentradora Fibra Hotelera Mexicana S.A. de C.V. | 394 | ||||||||
12,481 | Consolidated-Tomoka Land Co | 658 | ||||||||
93,217 | *,e | Conwert Immobilien Invest AG. | 1,422 | |||||||
40,354 | e | CorEnergy Infrastructure Trust, Inc | 599 | |||||||
76,438 | Coresite Realty | 4,336 | ||||||||
543,036 | e | Corp Inmobiliaria Vesta SAB de C.V. | 827 | |||||||
113,722 | Corporate Office Properties Trust | 2,483 | ||||||||
243,586 | Corrections Corp of America | 6,453 | ||||||||
7,138,928 | e | Country Garden Holdings Co Ltd | 2,910 | |||||||
3,760,500 | * | Country Group Development PCL | 119 | |||||||
190,972 | Countrywide plc | 1,124 | ||||||||
865,396 | Cousins Properties, Inc | 8,161 | ||||||||
1,583 | Crescendo Investment Corp | 1,104 | ||||||||
33,656 | Crombie Real Estate Investment Trust | 311 | ||||||||
1,065,895 | e | Cromwell Group | 812 | |||||||
1,542,920 | Crown Castle International Corp | 133,385 | ||||||||
5,588,943 | e | CSI Properties Ltd | 190 | |||||||
41,463 | CT Real Estate Investment Trust | 390 | ||||||||
959,322 | CubeSmart | 29,374 | ||||||||
196,334 | CyrusOne, Inc | 7,353 | ||||||||
384,462 | CYS Investments, Inc | 2,741 | ||||||||
780 | e | DA Office Investment Corp | 4,222 | |||||||
96,900 | Daibiru Corp | 798 | ||||||||
927,000 | Daikyo, Inc | 1,504 | ||||||||
2,595,900 | Daiman Development BHD | 1,319 | ||||||||
50,946 | Daito Trust Construction Co Ltd | 5,885 | ||||||||
1,152,089 | Daiwa House Industry Co Ltd | 33,118 | ||||||||
744 | e | Daiwa House REIT Investment Corp | 2,914 | |||||||
1,445,000 | e,g | Dalian Wanda Commercial Properties Co Ltd | 8,387 | |||||||
247,020 | DCT Industrial Trust, Inc | 9,231 | ||||||||
411,759 | e | DDR Corp | 6,934 | |||||||
243,570 | Derwent London plc | 13,174 | ||||||||
407,390 | Deutsche Annington Immobilien SE | 12,586 | ||||||||
39,824 | Deutsche Euroshop AG. | 1,744 | ||||||||
515,878 | Deutsche Wohnen AG. | 14,265 | ||||||||
855,335 | Dexus Property Group | 4,639 | ||||||||
1,430,725 | * | Deyaar Development PJSC | 198 | |||||||
696,034 | e | DiamondRock Hospitality Co | 6,717 | |||||||
43,989 | DIC Asset AG. | 445 | ||||||||
482,187 | Digital Realty Trust, Inc | 36,463 | ||||||||
136,814 | Dios Fastigheter AB | 989 | ||||||||
8,846,949 | * | DLF Ltd | 15,431 | |||||||
72,621 | * | Dogus Gayrimenkul Yatirim Ortakligi AS | 90 | |||||||
246,900 | Dongwon Development Co Ltd | 804 | ||||||||
645,000 | DoubleDragon Properties Corp | 334 |
128 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
73,733 | Douglas Emmett, Inc | $ | 2,299 | |||||||
47,826 | Dream Global Real Estate Investment Trust | 299 | ||||||||
25,542 | Dream Industrial Real Estate Investment Trust | 133 | ||||||||
46,285 | Dream Office Real Estate Investment Trust | 581 | ||||||||
47,009 | *,e | Dream Unlimited Corp | 247 | |||||||
341,035 | Duke Realty Corp | 7,169 | ||||||||
157,293 | DuPont Fabros Technology, Inc | 5,000 | ||||||||
160,229 | e | Dynex Capital, Inc | 1,017 | |||||||
35,185 | Easterly Government Properties, Inc | 604 | ||||||||
740,162 | * | Eastern & Oriental BHD | 246 | |||||||
106,170 | EastGroup Properties, Inc | 5,904 | ||||||||
734,700 | * | Eco World Development Group BHD | 251 | |||||||
181,707 | Education Realty Trust, Inc | 6,883 | ||||||||
4,692,118 | * | Emaar Malls Group PJSC | 3,512 | |||||||
7,480,365 | Emaar Properties PJSC | 11,502 | ||||||||
1,293,880 | Emira Property Fund Ltd | 1,359 | ||||||||
4,154,848 | Emlak Konut Gayrimenkul Yatiri | 3,699 | ||||||||
957,333 | e | Emperor International Holdings | 176 | |||||||
549,285 | Empire State Realty Trust, Inc | 9,926 | ||||||||
144,262 | Entertainment Properties Trust | 8,432 | ||||||||
191,760 | e,g | Entra ASA | 1,544 | |||||||
136,870 | Equinix, Inc | 41,389 | ||||||||
212,883 | * | Equity Commonwealth | 5,903 | |||||||
425,041 | Equity Lifestyle Properties, Inc | 28,337 | ||||||||
206,743 | Equity One, Inc | 5,613 | ||||||||
1,186,735 | Equity Residential | 96,826 | ||||||||
1,074,710 | * | Eshraq Properties Co PJSC | 159 | |||||||
279,759 | Essex Property Trust, Inc | 66,977 | ||||||||
68,799 | Eurobank Properties Real Estate Investment Co | 551 | ||||||||
45,902 | Eurocommercial Properties NV | 1,983 | ||||||||
4,210,000 | * | EverChina International Holdings Co. Ltd | 157 | |||||||
23,913,261 | e | Evergrande Real Estate Group | 20,935 | |||||||
744,449 | Extra Space Storage, Inc | 65,668 | ||||||||
910,145 | * | Ezdan Holding Group QSC | 3,959 | |||||||
185,603 | Fabege AB | 3,067 | ||||||||
1,849,500 | e | Fantasia Holdings Group Co Ltd | 218 | |||||||
2,005,407 | Far East Consortium | 763 | ||||||||
697,500 | e | Far East Hospitality Trust | 327 | |||||||
1,667,812 | Farglory Land Development Co Ltd | 1,732 | ||||||||
156,653 | * | Fastighets AB Balder | 3,857 | |||||||
298,425 | Federal Realty Investment Trust | 43,600 | ||||||||
789,154 | FelCor Lodging Trust, Inc | 5,761 | ||||||||
344,051 | Fibra Shop Portafolios Inmobiliarios SAPI de C.V. | 347 | ||||||||
4,292,291 | Fibra Uno Administracion S.A. de C.V. | 9,461 | ||||||||
16,000,000 | Filinvest Development Corp | 1,496 | ||||||||
71,845,000 | Filinvest Land, Inc | 2,760 | ||||||||
104,085 | e | First Capital Realty, Inc | 1,380 | |||||||
460,038 | First Industrial Realty Trust, Inc | 10,181 | ||||||||
156,171 | First Potomac Realty Trust | 1,780 | ||||||||
995,308 | First Real Estate Investment Trust | 842 | ||||||||
28,586 | FirstService Corp | 1,155 | ||||||||
73,317 | Fonciere Des Regions | 6,558 |
129 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
535,674 | * | Forest City Enterprises, Inc (Class A) | $ | 11,747 | ||||||
85,660 | *,e | Forestar Real Estate Group, Inc | 937 | |||||||
1,930,288 | Fortress Income Fund Ltd | 4,331 | ||||||||
1,667,171 | e | Fortress Income Fund Ltd (A Shares) | 1,733 | |||||||
97,405 | * | Four Corners Property Trust, Inc | 2,353 | |||||||
209,089 | Foxtons Group plc | 579 | ||||||||
314,611 | Franklin Street Properties Corp | 3,256 | ||||||||
10,314,701 | Franshion Properties China Ltd | 3,513 | ||||||||
477,800 | e | Frasers Centrepoint Trust | 621 | |||||||
468,900 | e | Frasers Hospitality Trust | 248 | |||||||
398 | Frontier Real Estate Investment Corp | 1,597 | ||||||||
21,508 | *,e | FRP Holdings, Inc | 730 | |||||||
584 | Fukuoka REIT Corp | 1,009 | ||||||||
3,497,500 | * | Fullshare Holdings Ltd | 855 | |||||||
8,324,000 | Future Land Development Holdin | 1,430 | ||||||||
1,422,700 | e | Gaming and Leisure Properties, Inc | 39,551 | |||||||
366,604 | * | Gateway Lifestyle | 806 | |||||||
77,482 | Gazit Globe Ltd | 690 | ||||||||
9,281 | Gazit, Inc | 151 | ||||||||
1,117,470 | GDI Property Group | 696 | ||||||||
9,616 | Gecina S.A. | 1,169 | ||||||||
5,566,000 | *,e | Gemdale Properties and Investment Corp Ltd | 372 | |||||||
2,224,520 | General Growth Properties, Inc | 60,529 | ||||||||
206,420 | Geo Group, Inc | 5,968 | ||||||||
97,866 | Getty Realty Corp | 1,678 | ||||||||
90,646 | Gladstone Commercial Corp | 1,323 | ||||||||
3,967,991 | e | Global Logistic Properties | 5,992 | |||||||
220 | Global One Real Estate Investment Corp | 789 | ||||||||
1,762,791 | * | Globe Trade Centre S.A. | 3,201 | |||||||
4,088,895 | * | Glorious Property Holdings Ltd | 474 | |||||||
2,072 | GLP J-Reit | 2,005 | ||||||||
50,826 | * | Godrej Properties Ltd | 257 | |||||||
14,680 | Goldcrest Co Ltd | 266 | ||||||||
745,300 | Golden Land Property Development PCL | 127 | ||||||||
1,816,000 | *,e | Goldin Properties Holdings Ltd | 2,085 | |||||||
1,900,350 | e | Goodman Property Trust | 1,610 | |||||||
184,711 | e | Government Properties Income Trust | 2,931 | |||||||
976,919 | GPT Group (ASE) | 3,383 | ||||||||
420,668 | Grainger plc | 1,439 | ||||||||
1,784,836 | Gramercy Property Trust | 13,779 | ||||||||
122,675 | e | Grand City Properties S.A. | 2,836 | |||||||
66,770 | Granite Real Estate Investment Trust | 1,832 | ||||||||
12,538 | Great Ajax Corp | 152 | ||||||||
558,513 | Great Eagle Holdings Ltd | 1,817 | ||||||||
512,993 | Great Portland Estates plc | 6,253 | ||||||||
6,265,329 | Green REIT plc | 10,843 | ||||||||
1,507,000 | *,e | Greenland Hong Kong Holdings Ltd | 583 | |||||||
550,000 | *,e | Greentown China Holdings Ltd | 543 | |||||||
681,209 | Growthpoint Properties Australia Ltd | 1,522 | ||||||||
2,733,932 | Growthpoint Properties Ltd | 4,103 | ||||||||
719,700 | *,e | Grupo GICSA S.A. de C.V. | 675 | |||||||
542,000 | * | Guangdong Land Holdings Ltd | 150 |
130 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
3,069,708 | Guangzhou R&F Properties Co Ltd | $ | 3,764 | |||||||
529,597 | H&R Real Estate Investment Trust | 7,674 | ||||||||
3,910 | Haesung Industrial Co Ltd | 64 | ||||||||
52,154 | e | Hamborner AG. | 545 | |||||||
2,331,701 | Hammerson plc | 20,613 | ||||||||
953,495 | Hang Lung Group Ltd | 3,092 | ||||||||
13,342,071 | Hang Lung Properties Ltd | 30,231 | ||||||||
469 | Hankyu Reit, Inc | 498 | ||||||||
94,835 | e | Hannon Armstrong Sustainable Infrastructure Capital, Inc | 1,794 | |||||||
1,831,181 | e | Hansteen Holdings plc | 3,104 | |||||||
311,272 | Hatteras Financial Corp | 4,093 | ||||||||
823,551 | HCP, Inc | 31,493 | ||||||||
371,201 | Healthcare Realty Trust, Inc | 10,512 | ||||||||
249,521 | e | Healthcare Trust of America, Inc | 6,730 | |||||||
222,000 | Heiwa Real Estate Co Ltd | 2,429 | ||||||||
200,397 | Helical Bar plc | 1,403 | ||||||||
46,835 | Heliopolis Housing | 298 | ||||||||
222,303 | Hemfosa Fastigheter AB | 2,470 | ||||||||
2,302,695 | Henderson Land Development Co Ltd | 14,046 | ||||||||
137,489 | Hersha Hospitality Trust | 2,992 | ||||||||
26,171,149 | Hibernia REIT plc | 40,021 | ||||||||
723,675 | Highwealth Construction Corp | 831 | ||||||||
264,934 | Highwoods Properties, Inc | 11,551 | ||||||||
71,729 | * | Hispania Activos Inmobiliarios SAU | 1,020 | |||||||
173,500 | Ho Bee Investment Ltd | 247 | ||||||||
206,200 | Hong Fok Corp Ltd | 104 | ||||||||
836,694 | Hongkong Land Holdings Ltd | 5,842 | ||||||||
690,000 | * | Hopson Development Holdings Ltd | 684 | |||||||
67 | Hoshino Resorts REIT, Inc | 695 | ||||||||
471,700 | Hospitality Properties Trust | 12,335 | ||||||||
2,006,167 | Host Marriott Corp | 30,775 | ||||||||
264,075 | * | Housing Development & Infrastruture Ltd | 309 | |||||||
119,520 | * | Howard Hughes Corp | 13,525 | |||||||
808,235 | Huaku Development Co Ltd | 1,445 | ||||||||
120,000 | Huang Hsiang Construction Co | 89 | ||||||||
258,547 | Hudson Pacific Properties | 7,276 | ||||||||
228,040 | Hufvudstaden AB (Series A) | 3,224 | ||||||||
3,892 | Hulic Reit, Inc | 5,431 | ||||||||
495,362 | Hung Poo Real Estate Development Corp | 322 | ||||||||
442,000 | Hung Sheng Construction Co Ltd | 248 | ||||||||
1,322,000 | Hydoo International Holding Ltd | 184 | ||||||||
687,659 | Hyprop Investments Ltd | 4,602 | ||||||||
809,752 | Hysan Development Co Ltd | 3,308 | ||||||||
15,551 | Icade | 1,044 | ||||||||
1,080 | Ichigo Real Estate Investment Corp | 777 | ||||||||
2,793,000 | IGB Real Estate Investment Trust | 872 | ||||||||
70,000 | Iguatemi Empresa de Shopping Centers S.A. | 334 | ||||||||
630,482 | Immobiliare Grande Distribuzione | 604 | ||||||||
1,355,948 | *,e,m | Immoeast AG. | 0 | |||||||
658,721 | *,e,m | Immofinanz ANSPR NACHB AG. | 0 | |||||||
802,514 | *,e | Immofinanz Immobilien Anlagen AG. | 1,823 | |||||||
102,248 | e | Independence Realty Trust, Inc | 768 |
131 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
821,227 | * | Indiabulls Real Estate Ltd | $ | 789 | ||||||
361 | e | Industrial & Infrastructure Fund Investment Corp | 1,723 | |||||||
572,638 | ING Office Fund | 1,658 | ||||||||
338,966 | Inland Real Estate Corp | 3,600 | ||||||||
1,888,581 | * | Inmobiliaria Colonial S.A. | 1,316 | |||||||
57,995 | InnVest Real Estate Investment Trust | 215 | ||||||||
30,179 | InterRent Real Estate Investment Trust | 143 | ||||||||
2,704 | Intershop Holding AG. | 1,087 | ||||||||
12,156 | Intervest Offices | 321 | ||||||||
314,221 | Invesco Mortgage Capital, Inc | 3,893 | ||||||||
1,566 | e | Invesco Office J-Reit, Inc | 1,329 | |||||||
649,477 | Investors Real Estate Trust | 4,514 | ||||||||
15,235 | e | Invincible Investment Corp | 8,849 | |||||||
1,060,993 | IOI Properties Group Sdn BHD | 555 | ||||||||
380,715 | Iron Mountain, Inc | 10,283 | ||||||||
1,316,257 | Is Gayrimenkul Yatirim Ortakligi AS | 793 | ||||||||
264,318 | *,e | iStar Financial, Inc | 3,100 | |||||||
1,043 | Japan Excellent, Inc | 1,147 | ||||||||
8,857 | e | Japan Hotel REIT Investment Corp | 6,548 | |||||||
2,347 | Japan Logistics Fund Inc | 4,554 | ||||||||
365 | Japan Prime Realty Investment Corp | 1,246 | ||||||||
423 | Japan Real Estate Investment Corp | 2,053 | ||||||||
22,580 | Japan Rental Housing Investments, Inc | 15,955 | ||||||||
825 | Japan Retail Fund Investment Corp | 1,587 | ||||||||
7,534 | * | Jerusalem Oil Exploration | 295 | |||||||
1,596,750 | m | Jiangsu Future Land Co Ltd | 4,130 | |||||||
167,391 | Jones Lang LaSalle, Inc | 26,759 | ||||||||
22,800 | e | Jowa Holdings Co Ltd | 916 | |||||||
13,000,000 | Joy City Property Ltd | 1,964 | ||||||||
800,000 | K Wah International Holdings Ltd | 343 | ||||||||
269,480 | KEE TAI Properties Co Ltd | 129 | ||||||||
1,320 | Kenedix Realty Investment Corp | 6,171 | ||||||||
344 | e | Kenedix Residential Investment Corp | 848 | |||||||
762 | Kenedix Retail REIT Corp | 1,613 | ||||||||
514,400 | e | Kenedix, Inc | 1,848 | |||||||
308,802 | Kennedy-Wilson Holdings, Inc | 7,436 | ||||||||
460,100 | Keppel DC REIT | 329 | ||||||||
3,367,035 | Kerry Properties Ltd | 9,163 | ||||||||
56,445 | * | Killam Properties, Inc | 429 | |||||||
255,710 | e | Kilroy Realty Corp | 16,181 | |||||||
343,754 | Kimco Realty Corp | 9,096 | ||||||||
1,480,000 | Kindom Construction Co | 738 | ||||||||
346,589 | Kite Realty Group Trust | 8,987 | ||||||||
2,617,301 | e | Kiwi Property Group Ltd | 2,411 | |||||||
79,600 | KLCC Property Holdings BHD | 131 | ||||||||
88,026 | Klepierre | 3,913 | ||||||||
1,076,816 | Klovern AB (B Shares) | 1,212 | ||||||||
51,821 | Korea Real Estate Investment Trust Co | 124 | ||||||||
3,369,130 | e | Kowloon Development Co Ltd | 3,326 | |||||||
2,216,738 | e | K-REIT Asia | 1,452 | |||||||
421,249 | KSL Holdings BHD | 130 | ||||||||
429,203 | Kungsleden AB | 3,067 |
132 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
390,185 | Kuoyang Construction Co Ltd | $ | 127 | |||||||
4,290,124 | KWG Property Holding Ltd | 3,163 | ||||||||
100,717 | e | Ladder Capital Corp | 1,251 | |||||||
82,369,875 | Lai Fung Holdings Ltd | 1,378 | ||||||||
37,433,250 | e | Lai Sun Development Co Ltd | 572 | |||||||
38,803 | Lamar Advertising Co | 2,327 | ||||||||
39,121 | * | Lamda Development S.A. | 172 | |||||||
734,161 | Land Securities Group plc | 12,727 | ||||||||
4,006,000 | e | Langham Hospitality Investments Ltd | 1,466 | |||||||
96,573 | e | Lar Espana Real Estate Socimi S.A. | 993 | |||||||
400,934 | LaSalle Hotel Properties | 10,087 | ||||||||
62,212 | LEG Immobilien AG. | 5,070 | ||||||||
423,001 | e | Lend Lease Corp Ltd | 4,364 | |||||||
413,011 | * | Leopalace21 Corp | 2,236 | |||||||
838,306 | e | Lexington Realty Trust | 6,706 | |||||||
370,097 | Liberty International plc | 1,729 | ||||||||
95,871 | Liberty Property Trust | 2,977 | ||||||||
31,515 | * | Lifestyle Properties Development Ltd | 7 | |||||||
1,501,781 | Link REIT | 8,953 | ||||||||
1,576,600 | Lippo-Mapletree Indonesia Retail Trust | 356 | ||||||||
374,000 | Liu Chong Hing Investment | 448 | ||||||||
3,176,000 | e | Logan Property Holdings Co Ltd | 1,076 | |||||||
518,183 | London & Stamford Property plc | 1,252 | ||||||||
283,000 | Long Bon International Co Ltd | 178 | ||||||||
3,899,620 | Longfor Properties Co Ltd | 5,800 | ||||||||
2,361,800 | LPN Development PCL | 1,044 | ||||||||
236,275 | LSR Group (GDR) | 473 | ||||||||
108,203 | LTC Properties, Inc | 4,668 | ||||||||
400,000 | * | LVGEM China Real Estate Investment Co Ltd | 124 | |||||||
205,127 | Macerich Co | 16,552 | ||||||||
370,295 | Mack-Cali Realty Corp | 8,646 | ||||||||
628,494 | Macquarie CountryWide Trust | 1,898 | ||||||||
2,865,704 | e | Macquarie Goodman Group | 12,986 | |||||||
1,630,690 | Macquarie MEAG Prime REIT | 867 | ||||||||
7,120,000 | *,e | Madex International Holdings Ltd | 161 | |||||||
2,036,076 | Mah Sing Group BHD | 686 | ||||||||
35,779 | *,e,m | Mapeley Ltd | 1 | |||||||
1,253,287 | Mapletree Commercial Trust | 1,147 | ||||||||
4,990,600 | Mapletree Greater China Commercial Trust | 3,213 | ||||||||
4,183,619 | e | Mapletree Industrial Trust | 4,485 | |||||||
1,291,505 | Mapletree Logistics Trust | 900 | ||||||||
243,851 | * | Marcus & Millichap, Inc | 7,106 | |||||||
887,508 | Matrix Concepts Holdings BHD | 515 | ||||||||
30,852 | * | Mazaya Qatar Real Estate Development Q.S.C | 120 | |||||||
838,148 | Medical Properties Trust, Inc | 9,647 | ||||||||
117,172 | * | Medinet Nasr Housing | 410 | |||||||
28,016,600 | Megaworld Corp | 2,524 | ||||||||
44,525 | Melisron Ltd | 1,425 | ||||||||
49,973 | e | Mercialys S.A | 1,011 | |||||||
378,433 | Merlin Properties Socimi S.A. | 4,741 | ||||||||
2,004,600 | Mexico Real Estate Management S.A. de C.V. | 2,541 | ||||||||
725,698 | MFA Mortgage Investments, Inc | 4,790 |
133 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
838 | e | MID Reit, Inc | $ | 2,560 | ||||||
91,597 | Mid-America Apartment Communities, Inc | 8,318 | ||||||||
1,386,929 | *,e | Midland Holdings Ltd | 572 | |||||||
189,445 | Milestone Apartments Real Estate Investment Trust | 2,061 | ||||||||
1,412,000 | e | Minmetals Land Ltd | 163 | |||||||
2,023,358 | Mirvac Group | 2,897 | ||||||||
898,880 | Mitsubishi Estate Co Ltd | 18,691 | ||||||||
1,671,241 | Mitsui Fudosan Co Ltd | 41,945 | ||||||||
216,400 | MKH BHD | 121 | ||||||||
6,137 | Mobimo Holding AG. | 1,362 | ||||||||
150,035 | e | Monmouth Real Estate Investment Corp (Class A) | 1,569 | |||||||
535,345 | Monogram Residential Trust, Inc | 5,225 | ||||||||
26,846 | Morguard Real Estate Investment Trust | 264 | ||||||||
1,740 | Mori Hills REIT Investment Corp | 2,229 | ||||||||
2,619 | Mori Trust Sogo Reit, Inc | 4,467 | ||||||||
85,034 | Multiplan Empreendimentos Imobiliarios S.A. | 813 | ||||||||
112,160 | National Health Investors, Inc | 6,827 | ||||||||
155,663 | National Retail Properties, Inc | 6,234 | ||||||||
103,642 | e | National Storage Affiliates Trust | 1,775 | |||||||
1,606,000 | e | Neo-China Land Group Holdings Ltd | 315 | |||||||
304,000 | New Century Real Estate Investment Trust | 114 | ||||||||
335,842 | New Europe Property Investments plc | 3,861 | ||||||||
891,881 | New Residential Investment Corp | 10,845 | ||||||||
268,465 | New Senior Investment Group, Inc | 2,647 | ||||||||
3,308,614 | New World China Land Ltd | 2,639 | ||||||||
16,159,882 | e | New World Development Co Ltd | 15,868 | |||||||
273,743 | e | New York Mortgage Trust, Inc | 1,459 | |||||||
357,479 | New York REIT, Inc | 4,111 | ||||||||
459,704 | NewRiver Retail Ltd | 2,335 | ||||||||
91,445 | Nexity | 4,051 | ||||||||
59,894 | e | NexPoint Residential Trust, Inc | 784 | |||||||
113,842 | Nieuwe Steen Investments NV | 491 | ||||||||
400 | Nippon Accommodations Fund, Inc | 1,394 | ||||||||
445 | Nippon Building Fund, Inc | 2,126 | ||||||||
1,340 | Nippon ProLogis REIT, Inc | 2,424 | ||||||||
776 | e | NIPPON REIT Investment Corp | 1,847 | |||||||
783,401 | Nomura Real Estate Holdings, Inc | 14,534 | ||||||||
4,237 | * | Nomura Real Estate Master Fund, Inc | 5,267 | |||||||
104,746 | NorthStar Realty Europe Corp | 1,237 | ||||||||
1,456,296 | NorthStar Realty Finance Corp | 24,801 | ||||||||
19,294 | Northview Apartment Real Estate Investment Trust | 245 | ||||||||
81,245 | NorthWest Healthcare Properties Real Estate Investment Trust | 524 | ||||||||
214,350 | * | Norwegian Property ASA | 220 | |||||||
130,836 | NTT Urban Development Corp | 1,257 | ||||||||
108,148 | * | Oberoi Realty Ltd | 438 | |||||||
489,284 | Omega Healthcare Investors, Inc | 17,115 | ||||||||
46,859 | e | One Liberty Properties, Inc | 1,006 | |||||||
90,500 | Open House Co Ltd | 1,738 | ||||||||
57,366 | e | Orchid Island Capital, Inc | 570 | |||||||
7,299 | Orix JREIT, Inc | 9,460 | ||||||||
941,700 | OUE Hospitality Trust | 511 |
134 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
243,311 | Outfront Media, Inc | $ | 5,311 | |||||||
1,124,905 | * | Palm Hills Developments SAE | 361 | |||||||
307,105 | Paramount Group, Inc | 5,559 | ||||||||
358,300 | e | Parkway Life Real Estate Investment Trust | 588 | |||||||
215,906 | Parkway Properties, Inc | 3,375 | ||||||||
1,890,418 | Parque Arauco S.A. | 2,980 | ||||||||
72,125 | * | Patrizia Immobilien AG. | 2,109 | |||||||
696,100 | Pavilion Real Estate Investment Trust | 251 | ||||||||
284,028 | Pebblebrook Hotel Trust | 7,958 | ||||||||
181,414 | e | Pennsylvania REIT | 3,968 | |||||||
187,697 | Pennymac Mortgage Investment Trust | 2,864 | ||||||||
353,600 | *,e | Perennial Real Estate Holdings Ltd | 237 | |||||||
1,515,959 | * | Phoenix Mills Ltd | 7,693 | |||||||
219,118 | Physicians Realty Trust | 3,694 | ||||||||
85,493 | Piedmont Office Realty Trust, Inc | 1,614 | ||||||||
1,546,600 | PLA Administradora Industrial S de RL de C.V. | 2,512 | ||||||||
1,092,900 | Platinum Group PCL | 151 | ||||||||
900 | * | Plazza AG. | 178 | |||||||
400,708 | Plum Creek Timber Co, Inc | 19,122 | ||||||||
8,655,817 | e | Poly Hong Kong Investment Ltd | 2,809 | |||||||
7,951,160 | Polytec Asset Holdings Ltd | 726 | ||||||||
337,245 | Post Properties, Inc | 19,951 | ||||||||
169,328 | Potlatch Corp | 5,120 | ||||||||
4,037,000 | Powerlong Real Estate Holdings Ltd | 850 | ||||||||
1,113,340 | e | Precinct Properties New Zealand Ltd | 951 | |||||||
59,841 | e | Preferred Apartment Communities, Inc | 783 | |||||||
2,042 | Premier Investment Co | 2,083 | ||||||||
848,172 | Primary Health Properties plc | 1,360 | ||||||||
2,475,826 | Prince Housing & Development Corp | 707 | ||||||||
724,500 | ProLogis Property Mexico S.A. de C.V. | 1,098 | ||||||||
1,644,446 | Prologis, Inc | 70,580 | ||||||||
2,483,000 | Prosperity REIT | 893 | ||||||||
102,257 | PS Business Parks, Inc | 8,940 | ||||||||
40,803 | PSP Swiss Property AG. | 3,578 | ||||||||
5,822,700 | * | PT Agung Podomoro Land Tbk | 141 | |||||||
9,616,500 | PT Alam Sutera Realty Tbk | 236 | ||||||||
4,701,900 | PT Bekasi Fajar Industrial Estate Tbk | 100 | ||||||||
5,797,027 | PT Bumi Serpong Damai | 748 | ||||||||
31,176,531 | PT Ciputra Development Tbk | 3,268 | ||||||||
13,232,143 | PT Ciputra Property Tbk | 391 | ||||||||
2,836,364 | PT Ciputra Surya Tbk | 459 | ||||||||
6,006,400 | PT Intiland Development Tbk | 212 | ||||||||
103,264,330 | PT Kawasan Industri Jababeka Tbk | 1,834 | ||||||||
407,700 | * | PT Lippo Cikarang Tbk | 213 | |||||||
61,661,197 | PT Lippo Karawaci Tbk | 4,615 | ||||||||
22,264,900 | PT Modernland Realty Tbk | 752 | ||||||||
23,608,300 | PT Pakuwon Jati Tbk | 840 | ||||||||
9,166,700 | PT Summarecon Agung Tbk | 1,082 | ||||||||
489,665 | Public Storage, Inc | 121,290 | ||||||||
4,346,170 | * | Puravankara Projects Ltd | 4,131 | |||||||
275,296 | Pure Industrial Real Estate Trust | 869 | ||||||||
90,605 | QTS Realty Trust, Inc | 4,087 |
135 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
28,997,469 | Quality House PCL | $ | 1,839 | |||||||
625,433 | Radium Life Tech Co Ltd | 224 | ||||||||
230,907 | e | RAIT Investment Trust | 623 | |||||||
995,495 | * | RAK Properties PJSC | 148 | |||||||
404,878 | Ramco-Gershenson Properties | 6,725 | ||||||||
235,171 | Rayonier, Inc | 5,221 | ||||||||
12,000 | e | Raysum Co Ltd | 103 | |||||||
28,427 | Re/Max Holdings, Inc | 1,060 | ||||||||
1,078,318 | * | Realogy Holdings Corp | 39,542 | |||||||
110,142 | e | Realty Income Corp | 5,687 | |||||||
916,525 | e | Rebosis Property Fund Ltd | 586 | |||||||
946,000 | e,g | Redco Properties Group Ltd | 694 | |||||||
2,566,867 | Redefine International plc | 1,892 | ||||||||
8,442,741 | Redefine Properties Ltd | 5,300 | ||||||||
228,669 | e | Redwood Trust, Inc | 3,018 | |||||||
26,061,000 | e | Regal Real Estate Investment Trust | 6,509 | |||||||
372,686 | Regency Centers Corp | 25,387 | ||||||||
296,456 | Reit Ltd | 791 | ||||||||
18,900 | Relo Holdings, Inc | 2,281 | ||||||||
15,197,250 | *,e | Renhe Commercial Holdings Co Ltd | 703 | |||||||
665,779 | Resilient REIT Ltd | 4,953 | ||||||||
85,988 | e | Resource Capital Corp | 1,097 | |||||||
491,863 | Retail Opportunities Investment Corp | 8,804 | ||||||||
320,026 | Retail Properties of America, Inc | 4,727 | ||||||||
358,791 | Rexford Industrial Realty, Inc | 5,870 | ||||||||
308,810 | RioCan Real Estate Investment Trust | 5,287 | ||||||||
471,581 | RLJ Lodging Trust | 10,200 | ||||||||
13,757 | *,e | RMR Group, Inc | 198 | |||||||
493,000 | Road King Infrastructure | 429 | ||||||||
520,600 | Robinsons Land Corp | 304 | ||||||||
668,484 | Rojana Industrial Park PCL | 96 | ||||||||
95,134 | e | Rouse Properties, Inc | 1,385 | |||||||
894,251 | Ruentex Development Co Ltd | 1,162 | ||||||||
108,375 | Ryman Hospitality Properties | 5,596 | ||||||||
4,353,663 | S.A. Corporate Real Estate Fund Nominees Pty Ltd | 1,294 | ||||||||
509,840 | e | Sabana Shari’ah Compliant Industrial REIT | 257 | |||||||
248,840 | Sabra Healthcare REIT, Inc | 5,034 | ||||||||
636,986 | Safestore Holdings plc | 3,349 | ||||||||
4,964,277 | Sansiri PCL | 209 | ||||||||
34,803 | e | Saul Centers, Inc | 1,784 | |||||||
277,145 | Savills plc | 3,623 | ||||||||
1,344,900 | SC Asset Corp PCL | 104 | ||||||||
11,162,303 | Scentre Group | 33,857 | ||||||||
468,279 | Schroder Real Estate Investment Trust Ltd | 411 | ||||||||
1,156,187 | Segro plc | 7,317 | ||||||||
744 | e | Sekisui House Reit, Inc | 811 | |||||||
884 | Sekisui House SI Residential Investment Corp | 794 | ||||||||
156,735 | Select Income REIT | 3,106 | ||||||||
28,501 | Selvaag Bolig ASA | 89 | ||||||||
193,515 | Senior Housing Properties Trust | 2,872 | ||||||||
711,129 | Shaftesbury plc | 9,580 |
136 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
760,700 | Shanghai Lujiazui Finance & Trade Zone Development Co Ltd | $ | 3,086 | |||||||
19,995,430 | * | Shanghai Real Estate Ltd | 936 | |||||||
103,400 | * | Shenzhen International Enterprise Co Ltd | 173 | |||||||
12,987,668 | Shenzhen Investment Ltd | 6,042 | ||||||||
233,100 | *,m | Shenzhen SEG Co Ltd | 168 | |||||||
5,372,325 | Shimao Property Holdings Ltd | 9,470 | ||||||||
352,913 | * | Shining Building Business Co Ltd | 115 | |||||||
65,232 | Shoei Co Ltd | 573 | ||||||||
630,571 | Shopping Centres Australasia Property Group | 973 | ||||||||
20,617,167 | Shui On Land Ltd | 5,635 | ||||||||
350 | SIA Reit, Inc | 1,357 | ||||||||
851,716 | Siam Future Development PCL | 147 | ||||||||
265,677 | Silver Bay Realty Trust Corp | 4,161 | ||||||||
1,157,384 | Simon Property Group, Inc | 225,042 | ||||||||
8,331,422 | Sino Land Co | 12,137 | ||||||||
1,834,000 | * | Sinolink Worldwide Holdings Ltd | 238 | |||||||
19,408,517 | Sino-Ocean Land Holdings Ltd | 12,375 | ||||||||
209,614 | Sinyi Realty Co | 174 | ||||||||
171,071 | * | Six of October Development & Investment | 208 | |||||||
2,799 | * | SK D&D Co Ltd | 153 | |||||||
438,436 | SL Green Realty Corp | 49,534 | ||||||||
14,523,816 | SM Prime Holdings | 6,679 | ||||||||
122,792 | Smart Real Estate Investment Trust | 2,679 | ||||||||
1,292,099 | * | Sobha Developers Ltd | 6,026 | |||||||
3,090,350 | Soho China Ltd | 1,491 | ||||||||
566,600 | Soilbuild Business Space REIT | 308 | ||||||||
65,600 | Sonae Sierra Brasil S.A. | 267 | ||||||||
162,013 | Sovran Self Storage, Inc | 17,386 | ||||||||
101,980 | Sparkassen Immobilien AG. | 909 | ||||||||
677,600 | SPH REIT | 456 | ||||||||
286,619 | Spirit Realty Capital, Inc | 2,872 | ||||||||
561,461 | Sponda Oyj | 2,385 | ||||||||
1,142,000 | e | Spring Real Estate Investment Trust | 446 | |||||||
462,505 | ST Modwen Properties plc | 2,830 | ||||||||
136,320 | *,e | St. Joe Co | 2,523 | |||||||
225,167 | STAG Industrial, Inc | 4,154 | ||||||||
550 | Starts Proceed Investment Corp | 782 | ||||||||
1,979,271 | Starwood Property Trust, Inc | 40,694 | ||||||||
3,252,178 | e | Stockland Trust Group | 9,654 | |||||||
234,214 | STORE Capital Corp | 5,434 | ||||||||
14,940 | Sumitomo Real Estate Sales Co Ltd | 342 | ||||||||
876,286 | Sumitomo Realty & Development Co Ltd | 25,012 | ||||||||
410,559 | Summit Hotel Properties, Inc | 4,906 | ||||||||
151,865 | Sun Communities, Inc | 10,407 | ||||||||
18,600 | e | Sun Frontier Fudousan Co Ltd | 136 | |||||||
3,884,620 | Sun Hung Kai Properties Ltd | 46,691 | ||||||||
2,357,000 | Sunac China Holdings Ltd | 1,811 | ||||||||
2,625,000 | Sunlight Real Estate Investment Trust | 1,294 | ||||||||
1,029,171 | Sunstone Hotel Investors, Inc | 12,854 | ||||||||
1,926,398 | Suntec Real Estate Investment Trust | 2,098 | ||||||||
1,828,634 | * | Sunteck Realty Ltd | 6,467 |
137 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,580,658 | Sunway BHD | $ | 1,134 | |||||||
1,127,400 | Sunway Real Estate Investment | 383 | ||||||||
492,400 | Supalai PCL | 248 | ||||||||
740,693 | Swire Pacific Ltd (Class A) | 8,274 | ||||||||
4,525,901 | Swire Properties Ltd | 13,013 | ||||||||
63,670 | Swiss Prime Site AG. | 4,972 | ||||||||
248,284 | e | TAG Tegernsee Immobilien und Beteiligungs AG. | 3,093 | |||||||
460,534 | Taiwan Land Development Corp | 147 | ||||||||
82,000 | Takara Leben Co Ltd | 455 | ||||||||
1,156,752 | Talaat Moustafa Group | 954 | ||||||||
136,852 | Tanger Factory Outlet Centers, Inc | 4,475 | ||||||||
315,736 | Taubman Centers, Inc | 24,223 | ||||||||
74,549 | Technopolis plc | 301 | ||||||||
39,093 | * | Tejon Ranch Co | 749 | |||||||
186,016 | Terreno Realty Corp | 4,208 | ||||||||
298,000 | Tian Shan Development Holding Ltd | 118 | ||||||||
638,080 | Ticon Industrial Connection PCL (Foreign) | 210 | ||||||||
492,000 | Times Property Holdings Ltd | 171 | ||||||||
149,990 | TLG Immobilien AG. | 2,813 | ||||||||
41,600 | TOC Co Ltd | 364 | ||||||||
806,700 | Tokyo Tatemono Co Ltd | 8,780 | ||||||||
117,615 | Tokyu Fudosan Holdings Corp | 737 | ||||||||
897 | e | Tokyu REIT, Inc | 1,131 | |||||||
1,131 | Top REIT Inc | 4,284 | ||||||||
1,041,000 | Top Spring International Holdings Ltd | 521 | ||||||||
493,905 | Torunlar Gayrimenkul Yatirim Ortakligi AS | 550 | ||||||||
1,402,000 | Tosei Corp | 8,845 | ||||||||
588,448 | Tritax Big Box REIT plc | 1,125 | ||||||||
493,887 | Tuan Sing Holdings Ltd | 113 | ||||||||
757,457 | Two Harbors Investment Corp | 6,135 | ||||||||
303,215,096 | * | U City PCL | 253 | |||||||
328,620 | UDR, Inc | 12,346 | ||||||||
1,341,200 | UEM Land Holdings BHD | 348 | ||||||||
80,439 | e | UMH Properties, Inc | 814 | |||||||
110,101 | Unibail-Rodamco | 27,958 | ||||||||
853,715 | * | Union Properties PJSC | 171 | |||||||
688,718 | Unite Group plc | 6,653 | ||||||||
91,780,547 | * | Unitech Ltd | 9,183 | |||||||
82,330 | * | United Development Co PSC | 468 | |||||||
76,104 | e | United Development Funding IV | 837 | |||||||
199,240 | e | United Overseas Land Ltd | 873 | |||||||
960 | United Urban Investment Corp | 1,303 | ||||||||
699,400 | Univentures PCL | 118 | ||||||||
31,811 | Universal Health Realty Income Trust | 1,591 | ||||||||
895,348 | UOA Development BHD | 430 | ||||||||
261,498 | Urban Edge Properties | 6,132 | ||||||||
87,179 | Urstadt Biddle Properties, Inc (Class A) | 1,677 | ||||||||
200,000 | Vanke Property Overseas Ltd | 162 | ||||||||
18,790 | e | Vastned Retail NV | 863 | |||||||
739,118 | Ventas, Inc | 41,708 | ||||||||
1,222,741 | VEREIT, Inc | 9,684 | ||||||||
4,829,399 | Vicinity Centres | 9,797 |
138 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
5,434,100 | Vista Land & Lifescapes, Inc | $ | 597 | |||||||
258,649 | Vornado Realty Trust | 25,855 | ||||||||
1,552,001 | e | Vukile Property Fund Ltd | 1,696 | |||||||
159,195 | Wallenstam AB | 1,280 | ||||||||
1,578,000 | *,e | Wanda Hotel Development Co Ltd | 209 | |||||||
31,633 | Warehouses De Pauw SCA | 2,793 | ||||||||
169,460 | e | Washington REIT | 4,586 | |||||||
85,565 | Weingarten Realty Investors | 2,959 | ||||||||
576,520 | Welltower, Inc | 39,221 | ||||||||
38,605 | Wereldhave NV | 2,166 | ||||||||
104,879 | e | Western Asset Mortgage Capital Corp | 1,072 | |||||||
2,039,749 | Westfield Corp | 14,033 | ||||||||
1,067,488 | Weyerhaeuser Co | 32,003 | ||||||||
5,416,235 | * | WHA Corp PCL | 427 | |||||||
10,717,676 | Wharf Holdings Ltd | 59,092 | ||||||||
1,899,064 | Wheelock & Co Ltd | 7,969 | ||||||||
103,529 | e | Whitestone REIT | 1,243 | |||||||
165,010 | Wihlborgs Fastigheter AB | 3,328 | ||||||||
378,932 | e | Wing Tai Holdings Ltd | 468 | |||||||
311,984 | Workspace Group plc | 4,394 | ||||||||
97,054 | e | WP Carey, Inc | 5,726 | |||||||
1,561,099 | WP GLIMCHER, Inc | 16,563 | ||||||||
1,874,000 | *,e | Wuzhou International Holdings Ltd | 196 | |||||||
326,669 | Xenia Hotels & Resorts, Inc | 5,008 | ||||||||
2,781,000 | e | Yanlord Land Group Ltd | 1,967 | |||||||
788,200 | * | Ying Li International Real Estate Ltd | 92 | |||||||
11,961 | * | YNH Property BHD | 5 | |||||||
904,066 | *,e | Yoma Strategic Holdings Ltd | 294 | |||||||
495,700 | YTL Hospitality REIT | 120 | ||||||||
3,537,000 | Yuexiu Real Estate Investment Trust | 1,896 | ||||||||
34,648,793 | Yuexiul Property Co Ltd | 5,965 | ||||||||
5,000,120 | Yuzhou Properties Co | 1,352 | ||||||||
1,518,000 | e | Zall Development Group Ltd | 387 | |||||||
3,671,800 | * | Zhong An Real Estate Ltd | 382 | |||||||
TOTAL REAL ESTATE | 4,510,889 | |||||||||
RETAILING - 4.4% | ||||||||||
139,722 | * | 1-800-FLOWERS.COM, Inc (Class A) | 1,017 | |||||||
134,619 | Aaron’s, Inc | 3,014 | ||||||||
35,639 | ABC-Mart, Inc | 1,951 | ||||||||
173,746 | e | Abercrombie & Fitch Co (Class A) | 4,691 | |||||||
36,610 | Adastria Holdings Co Ltd | 2,049 | ||||||||
201,057 | Advance Auto Parts, Inc | 30,261 | ||||||||
70,200 | e | Alpen Co Ltd | 1,170 | |||||||
1,462,788 | * | Amazon.com, Inc | 988,684 | |||||||
490,574 | e | American Eagle Outfitters, Inc | 7,604 | |||||||
20,088 | *,e | America’s Car-Mart, Inc | 536 | |||||||
147,119 | *,e | AO World plc | 339 | |||||||
45,000 | AOKI Holdings, Inc | 587 | ||||||||
38,441 | Aoyama Trading Co Ltd | 1,481 | ||||||||
46,999 | * | Applegreen plc | 291 | |||||||
11,700 | Arc Land Sakamoto Co Ltd | 271 |
139 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
63,708 | * | Asbury Automotive Group, Inc | $ | 4,296 | ||||||
1,547,087 | *,e | Ascena Retail Group, Inc | 15,239 | |||||||
25,800 | ASKUL Corp | 1,037 | ||||||||
192,031 | * | ASOS plc | 9,757 | |||||||
52,888 | Autobacs Seven Co Ltd | 964 | ||||||||
16,026 | e | AutoCanada, Inc | 280 | |||||||
273,549 | Automotive Holdings Group Ltd | 895 | ||||||||
228,165 | * | Autonation, Inc | 13,612 | |||||||
120,029 | * | AutoZone, Inc | 89,051 | |||||||
4,321,006 | B&M European Value Retail S.A. | 18,135 | ||||||||
121,600 | * | B2W Companhia Global Do Varejo | 466 | |||||||
2,454,500 | e | Baoxin Auto Group Ltd | 1,527 | |||||||
316,545 | *,e | Barnes & Noble Education, Inc | 3,150 | |||||||
253,397 | e | Barnes & Noble, Inc | 2,207 | |||||||
15,935,310 | Beauty Community PCL (ADR) | 2,528 | ||||||||
1,667,400 | Beauty Community PCL (Foreign) | 266 | ||||||||
328,080 | *,e | Bed Bath & Beyond, Inc | 15,830 | |||||||
86,400 | Belluna Co Ltd | 476 | ||||||||
2,116,360 | Berjaya Auto BHD | 1,055 | ||||||||
3,069,390 | e | Best Buy Co, Inc | 93,463 | |||||||
70,500 | e | BIC CAMERA, Inc | 604 | |||||||
47,515 | Big 5 Sporting Goods Corp | 475 | ||||||||
316,698 | e | Big Lots, Inc | 12,206 | |||||||
128,857 | Bilia AB | 2,915 | ||||||||
102,940 | * | Blue Nile, Inc | 3,822 | |||||||
586,123 | *,e | boohoo.com plc | 320 | |||||||
32,138 | *,e | Boot Barn Holdings, Inc | 395 | |||||||
537,000 | *,e,m | Boshiwa International Holding | 1 | |||||||
81,284 | e | Breville Group Ltd | 439 | |||||||
71,398 | e | Buckle, Inc | 2,198 | |||||||
65,227 | * | Build-A-Bear Workshop, Inc | 798 | |||||||
221,245 | * | Burlington Stores, Inc | 9,491 | |||||||
201,834 | Burson Group Ltd | 615 | ||||||||
359,249 | Byggmax Group AB | 3,692 | ||||||||
126,954 | *,e | Cabela’s, Inc | 5,933 | |||||||
179,622 | Caleres, Inc | 4,817 | ||||||||
68,596 | Canadian Tire Corp Ltd | 5,858 | ||||||||
184,900 | Canon Marketing Japan, Inc | 2,891 | ||||||||
617,749 | Card Factory plc | 3,326 | ||||||||
1,124,304 | *,e | Carmax, Inc | 60,679 | |||||||
18,128 | Cashbuild Ltd | 352 | ||||||||
65,462 | Cato Corp (Class A) | 2,410 | ||||||||
587,866 | Chico’s FAS, Inc | 6,273 | ||||||||
85,622 | e | Children’s Place Retail Stores, Inc | 4,726 | |||||||
3,848,500 | e | China Harmony New Energy Auto Holding Ltd | 2,694 | |||||||
2,200,000 | e | China Yongda Automobiles Services Holdings Ltd | 1,655 | |||||||
10,802,000 | e | China ZhengTong Auto Services Holdings Ltd | 4,961 | |||||||
21,700 | Chiyoda Co Ltd | 675 | ||||||||
13,800 | Chori Co Ltd | 192 | ||||||||
575,000 | e | Chow Sang Sang Holding | 945 | |||||||
145,000 | Cia Hering | 555 | ||||||||
192,350 | Citi Trends, Inc | 4,087 |
140 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
24,241 | CJ O Shopping Co Ltd | $ | 3,922 | |||||||
86,900 | Clas Ohlson AB (B Shares) | 1,575 | ||||||||
468,104 | * | Cnova NV | 1,128 | |||||||
747,000 | *,e,g | Cogobuy Group | 993 | |||||||
108,900 | COL PCL (Foreign) | 121 | ||||||||
65,313 | *,e | Conn’s, Inc | 1,533 | |||||||
41,054 | *,e | Container Store Group, Inc | 337 | |||||||
76,699 | Core-Mark Holding Co, Inc | 6,285 | ||||||||
314,342 | CST Brands, Inc | 12,303 | ||||||||
563,372 | *,e | Ctrip.com International Ltd (ADR) | 26,101 | |||||||
873,000 | e | Dah Chong Hong Holdings Ltd | 438 | |||||||
1,220,000 | Daohe Global Group Ltd | 207 | ||||||||
524,500 | DCM Japan Holdings Co Ltd | 3,804 | ||||||||
1,014,155 | Debenhams plc | 1,093 | ||||||||
97,527 | Delek Automotive Systems Ltd | 868 | ||||||||
5,316 | e | Delticom AG. | 120 | |||||||
96,556 | * | Destination XL Group, Inc | 533 | |||||||
190,029 | e | Dick Smith Holdings Ltd | 49 | |||||||
683,552 | Dick’s Sporting Goods, Inc | 24,164 | ||||||||
492,286 | Dickson Concepts International Ltd | 183 | ||||||||
21,657 | Dieteren S.A. | 809 | ||||||||
152,369 | e | Dillard’s, Inc (Class A) | 10,012 | |||||||
255,422 | Dogus Otomotiv Servis ve Ticaret AS | 965 | ||||||||
1,844,713 | Dollar General Corp | 132,580 | ||||||||
490,888 | * | Dollar Tree, Inc | 37,906 | |||||||
347,477 | Dollarama, Inc | 20,075 | ||||||||
107,200 | Don Quijote Co Ltd | 3,765 | ||||||||
19,500 | Doshisha Co Ltd | 393 | ||||||||
103,439 | e | DSW, Inc (Class A) | 2,468 | |||||||
32,881 | * | Dufry Group | 3,912 | |||||||
16,193 | *,e | Duluth Holdings, Inc | 236 | |||||||
144,492 | Dunelm Group plc | 1,999 | ||||||||
36,385 | *,g | Dustin Group AB | 280 | |||||||
29,300 | *,e | E-Commerce China Dangdang, Inc (ADR) | 211 | |||||||
180,083 | e | EDION Corp | 1,360 | |||||||
247,876 | e | El Puerto de Liverpool SAB de C.V. | 3,022 | |||||||
5,540,000 | Emperor Watch & Jewellery Ltd | 137 | ||||||||
2,600,000 | * | Empresas La Polar S.A. | 116 | |||||||
1,520,100 | e | Esprit Holdings Ltd | 1,673 | |||||||
51,009 | *,e | Etsy, Inc | 421 | |||||||
79,758 | *,g | Europris ASA | 387 | |||||||
125,045 | * | EVINE Live, Inc | 223 | |||||||
942,637 | Expedia, Inc | 117,170 | ||||||||
426,142 | * | Express Parent LLC | 7,364 | |||||||
932,867 | Far Eastern Department Stores Co Ltd | 516 | ||||||||
39,275 | Fast Retailing Co Ltd | 13,739 | ||||||||
31,411 | *,e | Fenix Parts, Inc | 213 | |||||||
216,038 | Finish Line, Inc (Class A) | 3,906 | ||||||||
137,563 | *,e | Five Below, Inc | 4,416 | |||||||
39,348 | * | Folli Follie S.A. | 740 | |||||||
572,064 | e | Foot Locker, Inc | 37,236 | |||||||
233,326 | Foschini Ltd | 1,833 |
141 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
103,833 | * | Francesca’s Holdings Corp | $ | 1,808 | ||||||
94,205 | e | Fred’s, Inc (Class A) | 1,542 | |||||||
45,444 | *,e | FTD Cos, Inc | 1,189 | |||||||
15,300 | Fuji Co Ltd | 311 | ||||||||
81,960 | e | GAME Digital plc | 146 | |||||||
941,260 | e | GameStop Corp (Class A) | 26,393 | |||||||
457,282 | e | Gap, Inc | 11,295 | |||||||
75,463 | * | Genesco, Inc | 4,289 | |||||||
209,534 | Genuine Parts Co | 17,997 | ||||||||
161,200 | Geo Corp | 2,537 | ||||||||
2,646,000 | Giordano International Ltd | 1,236 | ||||||||
158,388 | GNC Holdings, Inc | 4,913 | ||||||||
524,799 | e | Golden Eagle Retail Group Ltd | 634 | |||||||
576,000 | Goldlion Holdings Ltd | 234 | ||||||||
114,176 | GOLFZONYUWONHOLDINGS Co Ltd | 692 | ||||||||
15,114,577 | GOME Electrical Appliances Holdings Ltd | 2,505 | ||||||||
68,515 | Group 1 Automotive, Inc | 5,187 | ||||||||
9,369 | * | Groupe Fnac | 553 | |||||||
3,683,942 | *,e | Groupon, Inc | 11,310 | |||||||
1,228,527 | *,e | Grupo Famsa SAB de C.V. | 999 | |||||||
11,175 | GS Home Shopping, Inc | 1,586 | ||||||||
156,934 | e | Guess?, Inc | 2,963 | |||||||
51,000 | e | Gulliver International Co Ltd | 508 | |||||||
649 | GwangjuShinsegae Co Ltd | 157 | ||||||||
173,618 | Halfords Group plc | 855 | ||||||||
14,080,000 | e | Hang Fat Ginseng Holdings Co Ltd | 1,267 | |||||||
227,825 | Hankyu Department Stores, Inc | 4,452 | ||||||||
1,824 | Hanwha Galleria Timeworld Co Ltd | 152 | ||||||||
12,700 | Happinet Corp | 124 | ||||||||
2,719,085 | e | Harvey Norman Holdings Ltd | 8,220 | |||||||
49,219 | Haverty Furniture Cos, Inc | 1,055 | ||||||||
12,732,427 | e | Hengdeli Holdings Ltd | 1,853 | |||||||
888,701 | Hennes & Mauritz AB (B Shares) | 31,611 | ||||||||
115,252 | *,e | Hibbett Sports, Inc | 3,485 | |||||||
14,300 | Hikari Tsushin, Inc | 974 | ||||||||
5,443,040 | Home Depot, Inc | 719,842 | ||||||||
3,728,246 | Home Product Center PCL (Foreign) | 701 | ||||||||
1,388,859 | e | Home Retail Group | 2,035 | |||||||
7,849 | Hornbach Baumarkt AG. | 242 | ||||||||
290,196 | Hotai Motor Co Ltd | 3,337 | ||||||||
41,178 | Hotel Shilla Co Ltd | 2,696 | ||||||||
80,538 | HSN, Inc | 4,081 | ||||||||
277,102 | Hudson’s Bay Co | 3,625 | ||||||||
16,554 | Hyundai Department Store Co Ltd | 1,774 | ||||||||
20,558 | Hyundai Home Shopping Network Corp | 2,016 | ||||||||
12,600 | e | Ikyu | 354 | |||||||
287,604 | Imperial Holdings Ltd | 2,229 | ||||||||
924,739 | Inchcape plc | 10,669 | ||||||||
1,319,628 | Inditex S.A. | 45,335 | ||||||||
202,725 | Interpark Corp | 1,890 | ||||||||
9,537 | Interpark INT Corp | 185 | ||||||||
24,302,423 | * | Intime Retail Group Co Ltd | 23,825 |
142 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
289,728 | Isetan Mitsukoshi Holdings Ltd | $ | 3,778 | |||||||
756,000 | IT Ltd | 200 | ||||||||
30,800 | Izumi Co Ltd | 1,196 | ||||||||
743,819 | J Front Retailing Co Ltd | 10,813 | ||||||||
155,009 | e | Jardine Cycle & Carriage Ltd | 3,790 | |||||||
518,022 | e | JB Hi-Fi Ltd | 7,331 | |||||||
9,729,209 | *,e | JC Penney Co, Inc | 64,797 | |||||||
675,732 | *,e | JD.com, Inc (ADR) | 21,802 | |||||||
10,400 | e | Jin Co Ltd | 384 | |||||||
49,071 | John Menzies plc | 300 | ||||||||
108,000 | Joshin Denki Co Ltd | 964 | ||||||||
24,700 | Joyful Honda Co Ltd | 503 | ||||||||
117,725 | JUMBO S.A. | 1,237 | ||||||||
40,300 | *,e | Jumei International Holding Ltd (ADR) | 365 | |||||||
47,591 | e | KappAhl Holding AB | 172 | |||||||
27,587 | e | Keiyo Co Ltd | 116 | |||||||
2,698,281 | Kingfisher plc | 13,069 | ||||||||
49,549 | Kirkland’s, Inc | 718 | ||||||||
434,597 | e | Kohl’s Corp | 20,700 | |||||||
27,300 | Kohnan Shoji Co Ltd | 383 | ||||||||
18,699 | Kolao Holdings | 162 | ||||||||
32,500 | Komeri Co Ltd | 670 | ||||||||
380,000 | Koradior Holdings Ltd | 518 | ||||||||
74,863 | e | K’s Holdings Corp | 2,549 | |||||||
440,230 | L Brands, Inc | 42,183 | ||||||||
39,083 | *,e | Lands’ End, Inc | 916 | |||||||
231,000 | *,e | Laox Co Ltd | 441 | |||||||
13,527 | LEADCORP, Inc | 121 | ||||||||
445,903 | e | Lewis Group Ltd | 1,584 | |||||||
23,403,119 | Li & Fung Ltd | 15,827 | ||||||||
1,726,651 | * | Liberty Interactive Corp | 47,172 | |||||||
262,389 | * | Liberty TripAdvisor Holdings, Inc | 7,961 | |||||||
334,349 | * | Liberty Ventures | 15,082 | |||||||
7,504 | * | LiHOM-CUCHEN Co Ltd | 27 | |||||||
57,303 | Lithia Motors, Inc (Class A) | 6,113 | ||||||||
476,588 | * | LKQ Corp | 14,121 | |||||||
103,737 | Lojas Americanas S.A. | 325 | ||||||||
531,904 | Lojas Americanas S.A.(Preference) | 2,593 | ||||||||
720,020 | Lojas Renner S.A. | 3,093 | ||||||||
777,873 | Lookers plc | 2,119 | ||||||||
40,081 | LOTTE Himart Co Ltd | 2,001 | ||||||||
11,775 | Lotte Shopping Co Ltd | 2,316 | ||||||||
3,453,327 | Lowe’s Companies, Inc | 262,591 | ||||||||
319,000 | e | Luk Fook Holdings International Ltd | 674 | |||||||
70,296 | *,e | Lumber Liquidators, Inc | 1,220 | |||||||
2,017,387 | Macy’s, Inc | 70,568 | ||||||||
100,553 | *,e | MakeMyTrip Ltd | 1,725 | |||||||
1,226,000 | e | Maoye International Holdings Ltd | 143 | |||||||
64,793 | * | MarineMax, Inc | 1,193 | |||||||
59,290 | Marisa Lojas S.A. | 73 | ||||||||
4,343,337 | Marks & Spencer Group plc | 28,919 | ||||||||
661,223 | Marui Co Ltd | 10,760 |
143 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
33,243 | Matas A.S. | $ | 644 | |||||||
27,800 | e | Matsuya Co Ltd | 285 | |||||||
49,494 | *,e | Mattress Firm Holding Corp | 2,209 | |||||||
360,900 | MBM Resources BHD | 202 | ||||||||
21,826 | Mekonomen AB | 447 | ||||||||
121,735 | Men’s Wearhouse, Inc | 1,787 | ||||||||
1,660,684 | MFI Furniture plc | 12,867 | ||||||||
161,466 | * | Michaels Cos, Inc | 3,570 | |||||||
504,880 | * | Mobile World Investment Corp | 1,758 | |||||||
69,821 | Mobilezone Holding AG. | 1,000 | ||||||||
34,000 | momo.com, Inc | 220 | ||||||||
79,641 | e | Monro Muffler, Inc | 5,274 | |||||||
190,700 | * | Mothercare plc | 618 | |||||||
290,659 | Mr Price Group Ltd | 3,759 | ||||||||
228,620 | * | Murphy USA, Inc | 13,886 | |||||||
1,463,360 | e | Myer Holdings Ltd | 1,266 | |||||||
135,799 | N Brown Group plc | 614 | ||||||||
376,000 | National Petroleum Co Ltd | 411 | ||||||||
1,471,252 | * | NetFlix, Inc | 168,282 | |||||||
810,111 | New Carphone Warehouse plc | 5,962 | ||||||||
537,000 | New World Department Store China Ltd | 82 | ||||||||
310,427 | Next plc | 33,331 | ||||||||
39,300 | Nishimatsuya Chain Co Ltd | 340 | ||||||||
16,812 | Nitori Co Ltd | 1,412 | ||||||||
56,400 | e | Nojima Corp | 681 | |||||||
300,023 | e | Nordstrom, Inc | 14,944 | |||||||
1,489 | * | NS Shopping Co Ltd | 235 | |||||||
217,869 | Nutri/System, Inc | 4,715 | ||||||||
409,433 | *,e | Ocado Ltd | 1,829 | |||||||
4,748,593 | * | Office Depot, Inc | 26,782 | |||||||
24,567 | *,e | Ollie’s Bargain Outlet Holdings, Inc | 418 | |||||||
615,000 | *,g | On the Beach Group plc | 2,176 | |||||||
368,420 | * | O’Reilly Automotive, Inc | 93,365 | |||||||
238,200 | e | OSIM International Ltd | 181 | |||||||
88,595 | e | Outerwall, Inc | 3,237 | |||||||
29,327 | * | Overstock.com, Inc | 360 | |||||||
3,809,271 | * | Pacific Brands Ltd | 2,173 | |||||||
1,350,100 | Padini Holdings BHD | 588 | ||||||||
27,500 | Pal Co Ltd | 660 | ||||||||
137,800 | Paltac Corp | 2,449 | ||||||||
544,934 | Pantaloon Retail India Ltd | 1,219 | ||||||||
17,700 | Parco Co Ltd | 162 | ||||||||
325,216 | * | Parkson Holdings BHD | 76 | |||||||
985,500 | e | Parkson Retail Group Ltd | 128 | |||||||
118,958 | *,e | Party City Holdco, Inc | 1,536 | |||||||
98,382 | * | PC Jeweller Ltd | 576 | |||||||
135,503 | Penske Auto Group, Inc | 5,737 | ||||||||
207,857 | *,e | PEP Boys - Manny Moe & Jack | 3,827 | |||||||
50,545 | e | PetMed Express, Inc | 866 | |||||||
282,364 | Pets at Home Group plc | 1,148 | ||||||||
238,583 | e | Pier 1 Imports, Inc | 1,214 | |||||||
8,133,500 | * | Pou Sheng International Holdings Ltd | 1,949 |
144 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
186,704 | Poundland Group plc | $ | 572 | |||||||
49,810 | Poya Co Ltd | 459 | ||||||||
21,006 | PPR | 3,591 | ||||||||
74,758 | Premier Investments Ltd | 768 | ||||||||
156,565 | * | Priceline.com, Inc | 199,613 | |||||||
7,998,200 | PT ACE Hardware Indonesia Tbk | 476 | ||||||||
5,200,315 | PT Matahari Department Store Tbk | 6,583 | ||||||||
718,700 | * | PT Mitra Adiperkasa Tbk | 197 | |||||||
20,569,600 | PT Multipolar Corp Tbk | 381 | ||||||||
9,160,400 | PT Ramayana Lestari Sentosa Tbk | 427 | ||||||||
2,958,200 | PT Tiphone Mobile Indonesia Tbk | 164 | ||||||||
3,611,500 | PTG Energy PCL | 1,296 | ||||||||
29,000 | *,e | Qunar Cayman Islands Ltd (ADR) | 1,529 | |||||||
1,198,423 | Rakuten, Inc | 13,803 | ||||||||
537,904 | RCG Corp Ltd | 673 | ||||||||
226,655 | e | Rent-A-Center, Inc | 3,393 | |||||||
124,974 | *,e | Restoration Hardware Holdings, Inc | 9,929 | |||||||
1,782,310 | Ripley Corp S.A. | 732 | ||||||||
38,833 | * | Risa International Ltd | 2 | |||||||
243,624 | RONA, Inc | 2,174 | ||||||||
725,305 | Ross Stores, Inc | 39,029 | ||||||||
44,600 | Ryohin Keikaku Co Ltd | 9,032 | ||||||||
988,000 | e | SA SA International Holdings Ltd | 334 | |||||||
944,535 | SACI Falabella | 6,020 | ||||||||
454,918 | * | Sally Beauty Holdings, Inc | 12,688 | |||||||
38,358 | e | Sanrio Co Ltd | 901 | |||||||
59,716 | *,e | Sears Canada, Inc | 305 | |||||||
20,109 | *,e | Sears Holdings Corp | 413 | |||||||
317,697 | * | Select Comfort Corp | 6,802 | |||||||
290,000 | Senao International Co Ltd | 336 | ||||||||
64,700 | e | Senshukai Co Ltd | 429 | |||||||
11,791 | * | Seobu Truck Terminal Co Ltd | 217 | |||||||
35,100 | e | Seria Co Ltd | 1,700 | |||||||
188,200 | Shimachu Co Ltd | 4,281 | ||||||||
20,903 | Shimamura Co Ltd | 2,448 | ||||||||
27,366 | Shinsegae Co Ltd | 5,324 | ||||||||
2,331 | Shinsegae International Co Ltd | 203 | ||||||||
46,269 | Shoe Carnival, Inc | 1,073 | ||||||||
20,931 | Shopper’s Stop Ltd | 128 | ||||||||
87,320 | * | Shutterfly, Inc | 3,891 | |||||||
1,058,257 | Siam Global House PCL | 277 | ||||||||
1,445,000 | Sichuan Xinhua Winshare Chainstore Co Ltd | 1,310 | ||||||||
133,781 | Signet Jewelers Ltd | 16,547 | ||||||||
1,630,000 | *,e | Sincere Watch Hong Kong Ltd | 172 | |||||||
15,495 | g | Sleep Country Canada Holdings, Inc | 193 | |||||||
96,792 | e | Sonic Automotive, Inc (Class A) | 2,203 | |||||||
710,245 | * | Sports Direct International plc | 6,036 | |||||||
43,730 | *,e | Sportsman’s Warehouse Holdings, Inc | 564 | |||||||
2,700,000 | Springland International Holdings Ltd | 622 | ||||||||
1,045,800 | * | SSI Group, Inc | 77 | |||||||
83,282 | e | Stage Stores, Inc | 759 | |||||||
3,205,823 | Staples, Inc | 30,359 |
145 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
82,500 | Start Today Co Ltd | $ | 2,656 | |||||||
103,144 | Stein Mart, Inc | 694 | ||||||||
27,406 | *,e | Stockmann Oyj Abp (B Share) | 186 | |||||||
119,973 | e | Super Cheap Auto Group Ltd | 991 | |||||||
426,057 | * | Super Group Ltd | 1,045 | |||||||
35,256 | * | SuperGroup plc | 854 | |||||||
48,109 | * | Systemax, Inc | 414 | |||||||
40,000 | e | Syuppin Co Ltd | 411 | |||||||
193,819 | Takashimaya Co Ltd | 1,745 | ||||||||
77,655 | Takkt AG. | 1,557 | ||||||||
2,105,892 | Target Corp | 152,909 | ||||||||
20,600 | Telepark Corp | 234 | ||||||||
7,745,865 | Test-Rite International Co | 4,921 | ||||||||
216,417 | Tiffany & Co | 16,510 | ||||||||
66,751 | *,e | Tile Shop Holdings, Inc | 1,095 | |||||||
132,832 | *,e | Tilly’s, Inc | 881 | |||||||
2,033,907 | TJX Companies, Inc | 144,224 | ||||||||
14,300 | e | Tokyo Derica Co Ltd | 209 | |||||||
289,772 | Topps Tiles plc | 675 | ||||||||
298,832 | Tractor Supply Co | 25,550 | ||||||||
345,164 | Trade Me Ltd | 985 | ||||||||
8,615 | Trent Ltd | 228 | ||||||||
249,880 | * | TripAdvisor, Inc | 21,302 | |||||||
499,085 | e | Truworths International Ltd | 2,942 | |||||||
116,438 | *,e | Tuesday Morning Corp | 757 | |||||||
201,945 | * | Ulta Salon Cosmetics & Fragrance, Inc | 37,360 | |||||||
19,699 | United Arrows Ltd | 849 | ||||||||
133,658 | * | Urban Outfitters, Inc | 3,041 | |||||||
107,203 | USS Co Ltd | 1,611 | ||||||||
7,294 | Valora Holding AG. | 1,517 | ||||||||
132,500 | Via Varejo S.A. | 109 | ||||||||
568,786 | * | Vipshop Holdings Ltd (ADR) | 8,685 | |||||||
93,781 | *,e | Vitamin Shoppe, Inc | 3,067 | |||||||
55,781 | * | VOXX International Corp (Class A) | 293 | |||||||
62,200 | VT Holdings Co Ltd | 370 | ||||||||
108,205 | Warehouse Group Ltd | 198 | ||||||||
98,684 | *,e | Wayfair, Inc | 4,699 | |||||||
75,988 | * | West Marine, Inc | 645 | |||||||
289,664 | WH Smith plc | 7,527 | ||||||||
140,769 | Williams-Sonoma, Inc | 8,222 | ||||||||
10,220 | Winmark Corp | 951 | ||||||||
1,183,081 | Woolworths Holdings Ltd | 7,654 | ||||||||
20,800 | Xebio Co Ltd | 393 | ||||||||
388,279 | g | XXL ASA | 4,474 | |||||||
1,796,185 | Yamada Denki Co Ltd | 7,759 | ||||||||
45,200 | Yellow Hat Ltd | 927 | ||||||||
86,755 | *,e | Yoox S.p.A | 3,232 | |||||||
88,926 | *,g | Zalando SE | 3,518 | |||||||
690,023 | e | Zhongsheng Group Holdings Ltd | 415 | |||||||
4,250 | * | zooplus AG. | 670 | |||||||
50,656 | *,e | Zumiez, Inc | 766 | |||||||
TOTAL RETAILING | 4,971,085 |
146 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.6% | ||||||||||
221,615 | A-DATA Technology Co Ltd | $ | 223 | |||||||
189,603 | * | Advanced Energy Industries, Inc | 5,352 | |||||||
1,599,595 | *,e | Advanced Micro Devices, Inc | 4,591 | |||||||
46,949,968 | Advanced Semiconductor Engineering, Inc | 53,932 | ||||||||
1,259,969 | e | Advanced Semiconductor Engineering, Inc (ADR) | 7,144 | |||||||
131,000 | Advanced Wireless Semiconductor Co | 352 | ||||||||
169,200 | e | Advantest Corp | 1,404 | |||||||
93,342 | *,e | Aixtron AG. | 414 | |||||||
76,538 | * | Alpha & Omega Semiconductor Ltd | 703 | |||||||
178,891 | *,e | Ambarella, Inc | 9,971 | |||||||
278,927 | * | Amkor Technology, Inc | 1,696 | |||||||
60,567 | ams AG. | 2,025 | ||||||||
577,727 | Analog Devices, Inc | 31,960 | ||||||||
3,700 | e | AOI Electronics Co Ltd | 98 | |||||||
4,135,802 | Applied Materials, Inc | 77,215 | ||||||||
207,098 | * | Applied Micro Circuits Corp | 1,319 | |||||||
356,176 | Ardentec Corp | 257 | ||||||||
3,516,522 | ARM Holdings plc | 53,599 | ||||||||
225,194 | e | ARM Holdings plc (ADR) | 10,188 | |||||||
43,825 | ASM International NV | 1,718 | ||||||||
638,223 | e | ASM Pacific Technology | 4,983 | |||||||
21,000 | ASMedia Technology, Inc | 136 | ||||||||
574,597 | ASML Holding NV | 51,054 | ||||||||
21,000 | ASPEED Technology, Inc | 214 | ||||||||
721,967 | Atmel Corp | 6,216 | ||||||||
56,288 | * | Atto Co Ltd | 537 | |||||||
1,233,371 | e | Avago Technologies Ltd | 179,024 | |||||||
283,963 | * | Axcelis Technologies, Inc | 735 | |||||||
204,901 | BE Semiconductor Industries NV | 4,118 | ||||||||
1,487,252 | Broadcom Corp (Class A) | 85,993 | ||||||||
169,347 | Brooks Automation, Inc | 1,809 | ||||||||
118,665 | * | Cabot Microelectronics Corp | 5,195 | |||||||
41,663 | *,e | Cascade Microtech, Inc | 677 | |||||||
330,392 | * | Cavium Networks, Inc | 21,710 | |||||||
49,540 | * | Ceva, Inc | 1,157 | |||||||
1,726,000 | e | China Electronics Corp Holdings Co Ltd | 665 | |||||||
11,538 | *,e,m | China Energy Savings Technology, Inc | 0 | |||||||
2,926,000 | * | China Soft Power Technology Holdings Ltd | 221 | |||||||
567,000 | Chipbond Technology Corp | 815 | ||||||||
95,651 | ChipMOS TECHNOLOGIES Bermuda Ltd | 1,894 | ||||||||
921,000 | ChipMOS Technologies, Inc | 866 | ||||||||
378,478 | *,e | Cirrus Logic, Inc | 11,176 | |||||||
94,090 | Cohu, Inc | 1,136 | ||||||||
154,786 | *,e | Cree, Inc | 4,128 | |||||||
3,168,195 | e | Cypress Semiconductor Corp | 31,080 | |||||||
20,711 | D.I Corp | 112 | ||||||||
351,616 | Dainippon Screen Manufacturing Co Ltd | 2,588 | ||||||||
64,246 | * | Dialog Semiconductor plc | 2,144 | |||||||
93,900 | * | Diodes, Inc | 2,158 | |||||||
35,272 | Disco Corp | 3,322 |
147 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
22,976 | * | Dongbu HiTek Co Ltd | $ | 277 | ||||||
73,837 | * | DSP Group, Inc | 697 | |||||||
392,000 | Elan Microelectronics Corp | 543 | ||||||||
74,400 | Elite Advanced Laser Corp | 290 | ||||||||
1,472,000 | Elite Semiconductor Memory Technology, Inc | 1,355 | ||||||||
68,571 | eMemory Technology, Inc | 767 | ||||||||
345,283 | * | Entegris, Inc | 4,582 | |||||||
8,454 | Eo Technics Co Ltd | 889 | ||||||||
976,000 | Epistar Corp | 751 | ||||||||
347,167 | * | E-Ton Solar Tech Co Ltd | 130 | |||||||
14,967 | Eugene Technology Co Ltd | 164 | ||||||||
1,703,000 | Everlight Electronics Co Ltd | 2,463 | ||||||||
104,962 | * | Exar Corp | 643 | |||||||
36,570 | * | EZchip Semiconductor Ltd | 905 | |||||||
395,423 | * | Fairchild Semiconductor International, Inc | 8,189 | |||||||
216,060 | Faraday Technology Corp | 293 | ||||||||
200,479 | * | First Solar, Inc | 13,230 | |||||||
1,950,000 | Forhouse Corp | 606 | ||||||||
287,721 | * | Formfactor, Inc | 2,589 | |||||||
153,000 | Formosa Advanced Technologies Co Ltd | 94 | ||||||||
12,207,847 | e | GCL Poly Energy Holdings Ltd | 1,815 | |||||||
24,126 | * | GemVax & Kael Co Ltd | 455 | |||||||
25,686 | Giga Solar Materials Corp | 561 | ||||||||
287,986 | * | Gigastorage Corp | 309 | |||||||
406,273 | * | Gintech Energy Corp | 394 | |||||||
91,000 | Global Unichip Corp | 182 | ||||||||
179,300 | Globetronics Technology BHD | 271 | ||||||||
945,000 | Greatek Electronics, Inc | 1,026 | ||||||||
241,561 | * | Green Energy Technology, Inc | 171 | |||||||
13,833 | * | G-SMATT GLOBAL Co Ltd | 292 | |||||||
1,309,600 | Hana Microelectronics PCL (Foreign) | 1,291 | ||||||||
7,793 | Hanmi Semiconductor Co Ltd | 82 | ||||||||
15,329 | * | Hansol LCD, Inc | 370 | |||||||
225,036 | Hermes Microvision, Inc | 8,094 | ||||||||
171,000 | Holtek Semiconductor, Inc | 263 | ||||||||
743,259 | Hynix Semiconductor, Inc | 19,201 | ||||||||
225,827 | *,e | Imagination Technologies Group plc | 444 | |||||||
1,462,606 | Infineon Technologies AG. | 21,323 | ||||||||
2,302,644 | * | Inotera Memories, Inc | 1,942 | |||||||
92,925 | * | Inphi Corp | 2,511 | |||||||
565,001 | * | Integrated Device Technology, Inc | 14,888 | |||||||
16,869,161 | e | Intel Corp | 581,142 | |||||||
329,145 | Intersil Corp (Class A) | 4,200 | ||||||||
7,581 | ISC Co Ltd | 183 | ||||||||
98,337 | IXYS Corp | 1,242 | ||||||||
22,400 | * | JA Solar Holdings Co Ltd (ADR) | 217 | |||||||
11,500 | *,e | JinkoSolar Holding Co Ltd (ADR) | 318 | |||||||
18,428 | KC Tech Co Ltd | 176 | ||||||||
4,464,000 | King Yuan Electronics Co Ltd | 2,914 | ||||||||
261,000 | Kinsus Interconnect Technology Corp | 528 | ||||||||
506,841 | Kla-Tencor Corp | 35,149 | ||||||||
11,551 | Koh Young Technology, Inc | 378 |
148 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
224,892 | *,e | Kopin Corp | $ | 612 | ||||||
2,445 | * | Kulicke & Soffa Industries, Inc | 29 | |||||||
894,239 | e | Lam Research Corp | 71,020 | |||||||
32,000 | Land Mark Optoelectronics Corp | 478 | ||||||||
13,995,000 | * | Landing International Development | 398 | |||||||
287,630 | *,e | Lattice Semiconductor Corp | 1,861 | |||||||
9,242 | LEENO Industrial Inc | 368 | ||||||||
393,726 | Lextar Electronics Corp | 204 | ||||||||
611,853 | Linear Technology Corp | 25,985 | ||||||||
150,048 | Lite-On Semiconductor Corp | 98 | ||||||||
36,997 | Lumens Co Ltd | 134 | ||||||||
58,492 | *,e | MA-COM Technology Solutions | 2,392 | |||||||
3,602,000 | * | Macronix International | 522 | |||||||
222,200 | Malaysian Pacific Industries BHD | 481 | ||||||||
2,881 | *,e | Manz Automation AG. | 107 | |||||||
2,625,148 | e | Marvell Technology Group Ltd | 23,154 | |||||||
192,156 | * | Mattson Technology, Inc | 678 | |||||||
1,364,008 | Maxim Integrated Products, Inc | 51,832 | ||||||||
125,651 | * | MaxLinear, Inc | 1,851 | |||||||
2,147,135 | MediaTek, Inc | 16,240 | ||||||||
15,000 | e | Megachips Corp | 131 | |||||||
48,368 | Melexis NV | 2,635 | ||||||||
592,305 | *,e | Mellanox Technologies Ltd | 24,960 | |||||||
538,581 | e | Microchip Technology, Inc | 25,066 | |||||||
4,294,591 | * | Micron Technology, Inc | 60,811 | |||||||
26,200 | e | Micronics Japan Co Ltd | 276 | |||||||
262,526 | * | Microsemi Corp | 8,556 | |||||||
59,600 | Mimasu Semiconductor Industry Co Ltd | 567 | ||||||||
62,888 | Mitsui High-Tec, Inc | 393 | ||||||||
168,349 | MKS Instruments, Inc | 6,061 | ||||||||
99,622 | Monolithic Power Systems, Inc | 6,347 | ||||||||
342,000 | * | Motech Industries, Inc | 467 | |||||||
185,470 | *,e | NANOCO Group plc | 157 | |||||||
59,403 | * | Nanometrics, Inc | 899 | |||||||
632,921 | Neo Solar Power Corp | 465 | ||||||||
125,321 | *,e | NeoPhotonics Corp Ltd | 1,361 | |||||||
113,558 | *,e | Nordic Semiconductor ASA | 552 | |||||||
626,426 | Novatek Microelectronics Corp Ltd | 2,439 | ||||||||
12,700 | e | Nuflare Technology, Inc | 581 | |||||||
11,829 | NVE Corp | 665 | ||||||||
1,696,889 | Nvidia Corp | 55,929 | ||||||||
1,294,483 | *,e | NXP Semiconductors NV | 109,060 | |||||||
144,993 | * | Omnivision Technologies, Inc | 4,208 | |||||||
3,890,731 | * | ON Semiconductor Corp | 38,129 | |||||||
25,000 | On-Bright Electronics, Inc | 166 | ||||||||
555,000 | * | Orient Semiconductor Electronics Ltd | 195 | |||||||
214,127 | Orise Technology Co Ltd | 221 | ||||||||
61,401 | Parade Technologies Ltd | 408 | ||||||||
127,893 | * | PDF Solutions, Inc | 1,386 | |||||||
139,860 | Phison Electronics Corp | 982 | ||||||||
207,189 | * | Photronics, Inc | 2,579 | |||||||
126,613 | Pixart Imaging, Inc | 305 |
149 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
888,675 | * | PMC - Sierra, Inc | $ | 10,326 | ||||||
96,331 | Power Integrations, Inc | 4,685 | ||||||||
3,245,857 | Powertech Technology, Inc | 6,400 | ||||||||
281,830 | * | Qorvo, Inc | 14,345 | |||||||
1,599,511 | Radiant Opto-Electronics Corp | 3,640 | ||||||||
287,769 | *,e | Rambus, Inc | 3,335 | |||||||
503,209 | Realtek Semiconductor Corp | 1,198 | ||||||||
1,770,274 | *,e | REC Silicon ASA | 356 | |||||||
61,486 | Richtek Technology Corp | 355 | ||||||||
135,191 | Rohm Co Ltd | 6,848 | ||||||||
77,943 | * | Rudolph Technologies, Inc | 1,108 | |||||||
206,734 | Samsung Electronics Co Ltd | 220,499 | ||||||||
31,092 | Samsung Electronics Co Ltd (Preference) | 28,741 | ||||||||
99,000 | e | Sanken Electric Co Ltd | 347 | |||||||
41,474,000 | * | Semiconductor Manufacturing International | 4,218 | |||||||
222,351 | * | Semtech Corp | 4,207 | |||||||
37,452 | * | Seoul Semiconductor Co Ltd | 494 | |||||||
246,000 | *,e | Shanghai Fudan Microelectronics Group Co Ltd | 182 | |||||||
65,000 | Shindengen Electric Manufacturing Co Ltd | 258 | ||||||||
385,900 | e | Shinko Electric Industries | 2,474 | |||||||
2,310,000 | *,e | Shunfeng International Clean Energy Ltd | 582 | |||||||
248,000 | ShunSin Technology Holding Ltd | 917 | ||||||||
86,225 | * | Sigma Designs, Inc | 545 | |||||||
350,000 | Sigurd Microelectronics Corp | 236 | ||||||||
44,934 | Silergy Corp | 460 | ||||||||
106,848 | * | Silicon Laboratories, Inc | 5,186 | |||||||
10,631 | Silicon Works Co Ltd | 347 | ||||||||
9,362,475 | Siliconware Precision Industries Co | 14,785 | ||||||||
10,845 | * | Siltronic AG. | 263 | |||||||
10,903 | * | SIMMTECH Co Ltd | 60 | |||||||
517,000 | Sino-American Silicon Products, Inc | 731 | ||||||||
184,000 | Sitronix Technology Corp | 519 | ||||||||
656,981 | Skyworks Solutions, Inc | 50,476 | ||||||||
10,275 | * | SMA Solar Technology AG. | 568 | |||||||
1,521,151 | STMicroelectronics NV | 10,184 | ||||||||
165,600 | Sumco Corp | 1,249 | ||||||||
400,731 | *,e | SunEdison, Inc | 2,040 | |||||||
460,000 | Sunplus Technology Co Ltd | 162 | ||||||||
105,452 | *,e | SunPower Corp | 3,165 | |||||||
1,213,600 | * | SVI PCL | 165 | |||||||
52,822,367 | Taiwan Semiconductor Manufacturing Co Ltd | 227,888 | ||||||||
981,288 | Taiwan Surface Mounting Technology Co Ltd | 867 | ||||||||
990,161 | Teradyne, Inc | 20,467 | ||||||||
249,229 | Tessera Technologies, Inc | 7,479 | ||||||||
2,451,951 | Texas Instruments, Inc | 134,391 | ||||||||
304,381 | Tokyo Electron Ltd | 18,441 | ||||||||
152,800 | Tokyo Seimitsu Co Ltd | 3,388 | ||||||||
552,854 | Topco Scientific Co Ltd | 913 | ||||||||
8,835 | Toptec Co Ltd | 203 | ||||||||
85,192 | * | Tower Semiconductor Ltd | 1,214 | |||||||
122,608 | Transcend Information, Inc | 318 | ||||||||
1,746,000 | *,m | Trony Solar Holdings Co Ltd. | 2 |
150 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
87,000 | TrueLight Corp | $ | 231 | |||||||
19,342 | U-Blox AG. | 4,117 | ||||||||
35,400 | e | UKC Holdings Corp | 795 | |||||||
87,327 | * | Ultra Clean Holdings | 447 | |||||||
68,622 | * | Ultratech, Inc | 1,360 | |||||||
112,800 | Ulvac, Inc | 3,193 | ||||||||
2,140,600 | Unisem M BHD | 1,184 | ||||||||
29,782,772 | United Microelectronics Corp | 10,884 | ||||||||
846,756 | Vanguard International Semiconductor Corp | 1,093 | ||||||||
100,662 | * | Veeco Instruments, Inc | 2,070 | |||||||
212,425 | Visual Photonics Epitaxy Co Ltd | 302 | ||||||||
466,501 | Win Semiconductors Corp | 699 | ||||||||
2,728,000 | * | Winbond Electronics Corp | 648 | |||||||
138,695 | * | Xcerra Corp | 839 | |||||||
1,408,555 | Xilinx, Inc | 66,160 | ||||||||
140,000 | XinTec, Inc | 137 | ||||||||
8,536,000 | e | Xinyi Solar Holdings Ltd | 3,461 | |||||||
TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 2,907,061 | |||||||||
SOFTWARE & SERVICES - 9.7% | ||||||||||
69,565 | *,e | 1-Page Ltd | 177 | |||||||
32,700 | * | 21Vianet Group, Inc (ADR) | 691 | |||||||
72,600 | *,e | 58.COM, Inc (ADR) | 4,789 | |||||||
82,783 | * | A10 Networks, Inc | 543 | |||||||
2,339,245 | Accenture plc | 244,451 | ||||||||
288,001 | * | ACI Worldwide, Inc | 6,163 | |||||||
1,368,741 | Activision Blizzard, Inc | 52,984 | ||||||||
5,391 | * | Actoz Soft Co Ltd | 142 | |||||||
176,103 | * | Actua Corp | 2,016 | |||||||
194,661 | * | Acxiom Corp | 4,072 | |||||||
15,000 | Addcn Technology Co Ltd | 122 | ||||||||
2,426,943 | * | Adobe Systems, Inc | 227,987 | |||||||
2,048,000 | *,e | AGTech Holdings Ltd | 532 | |||||||
6,317 | Ahnlab, Inc | 435 | ||||||||
580,146 | * | Akamai Technologies, Inc | 30,533 | |||||||
17,369 | *,e | Alarm.com Holdings, Inc | 290 | |||||||
1,091,522 | *,e | Alibaba Group Holding Ltd (ADR) | 88,708 | |||||||
306,016 | * | Alliance Data Systems Corp | 84,635 | |||||||
249,787 | Alpha Systems, Inc | 4,020 | ||||||||
940,947 | * | Alphabet, Inc (Class A) | 732,066 | |||||||
1,158,578 | * | Alphabet, Inc (Class C) | 879,222 | |||||||
54,730 | Alten | 3,167 | ||||||||
506,289 | Altium Ltd | 1,712 | ||||||||
114,015 | Altran Technologies S.A. | 1,527 | ||||||||
591,278 | Amadeus IT Holding S.A. | 26,060 | ||||||||
49,426 | *,e | Amber Road, Inc | 252 | |||||||
1,074,629 | Amdocs Ltd | 58,643 | ||||||||
65,707 | American Software, Inc (Class A) | 669 | ||||||||
108,232 | *,e | Angie’s List, Inc | 1,012 | |||||||
104,620 | * | Ansys, Inc | 9,677 | |||||||
14,176 | * | Apigee Corp | 114 | |||||||
11,812 | *,e | Appfolio, Inc | 172 |
151 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
441,082 | * | Aspen Technology, Inc | $ | 16,655 | ||||||
174,607 | Asseco Poland S.A. | 2,513 | ||||||||
9,600 | e | Ateam, Inc | 140 | |||||||
265,211 | Atos Origin S.A. | 22,265 | ||||||||
1,733,361 | *,g | Auto Trader Group plc | 11,301 | |||||||
390,051 | * | Autodesk, Inc | 23,766 | |||||||
1,069,598 | Automatic Data Processing, Inc | 90,616 | ||||||||
80,009 | Aveva Group plc | 1,902 | ||||||||
100,911 | * | AVG Technologies NV | 2,023 | |||||||
13,596 | Axway Software S.A. | 361 | ||||||||
233,200 | * | Baidu, Inc (ADR) | 44,084 | |||||||
166,270 | *,e | Bankrate, Inc | 2,211 | |||||||
88,435 | *,e | Barracuda Networks, Inc | 1,652 | |||||||
303,171 | *,e | Bazaarvoice, Inc | 1,328 | |||||||
38,584 | Bechtle AG. | 3,668 | ||||||||
19,601 | *,e | Benefitfocus, Inc | 713 | |||||||
16,300 | * | Bitauto Holdings Ltd (ADR) | 461 | |||||||
37,210 | *,e | Black Knight Financial Services, Inc | 1,230 | |||||||
116,575 | Blackbaud, Inc | 7,678 | ||||||||
134,239 | * | Blackhawk Network Holdings, Inc | 5,935 | |||||||
98,253 | *,e | Blucora, Inc | 963 | |||||||
294,195 | Booz Allen Hamilton Holding Co | 9,076 | ||||||||
106,780 | * | Bottomline Technologies, Inc | 3,175 | |||||||
34,929 | *,e | Box, Inc | 488 | |||||||
963,000 | e | Boyaa Interactive International Ltd | 401 | |||||||
100,978 | * | Brightcove, Inc | 626 | |||||||
19,000 | Broadleaf Co Ltd | 187 | ||||||||
329,796 | Broadridge Financial Solutions, Inc | 17,720 | ||||||||
71,367 | * | BroadSoft, Inc | 2,524 | |||||||
27,900 | Brogent Technologies, Inc | 289 | ||||||||
1,450,499 | CA, Inc | 41,426 | ||||||||
77,217 | * | CACI International, Inc (Class A) | 7,164 | |||||||
680,907 | * | Cadence Design Systems, Inc | 14,170 | |||||||
227,504 | * | Callidus Software, Inc | 4,225 | |||||||
25,805 | Cancom SE | 1,219 | ||||||||
524,065 | Cap Gemini S.A. | 48,626 | ||||||||
38,186 | Capcom Co Ltd | 921 | ||||||||
49,300 | * | Carbonite, Inc | 483 | |||||||
111,531 | * | Cardtronics, Inc | 3,753 | |||||||
48,206 | *,e | Care.com, Inc | 345 | |||||||
276,876 | e | carsales.com Ltd | 2,345 | |||||||
28,706 | Cass Information Systems, Inc | 1,477 | ||||||||
126,539 | * | CD Projekt Red S.A. | 714 | |||||||
305,242 | CDK Global, Inc | 14,490 | ||||||||
12,821 | e | Cegid Group | 726 | |||||||
376,749 | * | CGI Group, Inc | 15,084 | |||||||
5,900 | * | Changyou.com Ltd (ADR) | 146 | |||||||
60,800 | e | Chanjet Information Technology Co Ltd | 133 | |||||||
55,906 | * | ChannelAdvisor Corp | 774 | |||||||
232,866 | *,e | Check Point Software Technologies | 18,951 | |||||||
12,200 | *,e | Cheetah Mobile, Inc (ADR) | 195 |
152 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
620,000 | * | China City Railway Transportation Technology Holdings Co Ltd | $ | 152 | ||||||
2,396,000 | *,e | Chinasoft International Ltd | 984 | |||||||
305,719 | * | Ciber, Inc | 1,073 | |||||||
1,600,314 | Cielo S.A. | 13,518 | ||||||||
238,870 | *,e | Cimpress NV | 19,382 | |||||||
1,052,505 | * | Citrix Systems, Inc | 79,622 | |||||||
2,630 | *,e | Code Rebel Corp | 7 | |||||||
1,887,264 | * | Cognizant Technology Solutions Corp (Class A) | 113,274 | |||||||
49,300 | e | COLOPL, Inc | 972 | |||||||
8,848 | * | Com2uSCorp | 887 | |||||||
118,161 | * | Commvault Systems, Inc | 4,650 | |||||||
69,231 | e | Computer Modelling Group Ltd | 449 | |||||||
874,237 | Computer Sciences Corp | 28,570 | ||||||||
11,200 | Computer Task Group, Inc | 74 | ||||||||
489,416 | Computershare Ltd | 4,118 | ||||||||
183,239 | *,e | comScore, Inc | 7,540 | |||||||
129,093 | * | Constant Contact, Inc | 3,775 | |||||||
51,047 | Constellation Software, Inc | 21,282 | ||||||||
243,648 | e | Convergys Corp | 6,064 | |||||||
120,800 | e | COOKPAD, Inc | 2,564 | |||||||
135,078 | * | Cornerstone OnDemand, Inc | 4,664 | |||||||
64,520 | * | CoStar Group, Inc | 13,336 | |||||||
6,300 | e | CROOZ, Inc | 152 | |||||||
82,587 | CSG Systems International, Inc | 2,971 | ||||||||
705,435 | * | CSRA, Inc | 21,163 | |||||||
55,533 | * | Cvent, Inc | 1,939 | |||||||
144,066 | *,e | CyberArk Software Ltd | 6,503 | |||||||
82,567 | Cyberlink Corp | 172 | ||||||||
106,679 | Cyient Ltd | 771 | ||||||||
26,290 | Daou Technology, Inc | 482 | ||||||||
572,459 | Dassault Systemes S.A. | 45,757 | ||||||||
54,305 | *,e | Datalink Corp | 369 | |||||||
439,300 | Datasonic Group BHD | 143 | ||||||||
32,177 | Daum Communications | 3,153 | ||||||||
83,258 | *,e | Demandware, Inc | 4,493 | |||||||
114,700 | Dena Co Ltd | 1,794 | ||||||||
65,568 | * | Descartes Systems Group, Inc | 1,319 | |||||||
4,179 | * | Devsisters Co Ltd | 106 | |||||||
171,375 | e | DH Corp | 3,916 | |||||||
209,771 | * | DHI Group, Inc | 1,924 | |||||||
18,930 | *,e | Digimarc Corp | 691 | |||||||
35,000 | Digital Garage, Inc | 625 | ||||||||
128,189 | *,e | Digital Turbine, Inc | 171 | |||||||
60,536 | *,e | Diligent Board Member Services | 253 | |||||||
289,900 | e | Dip Corp | 5,938 | |||||||
115,575 | DST Systems, Inc | 13,183 | ||||||||
82,400 | DTS Corp | 1,876 | ||||||||
17,143 | DuzonBIzon Co Ltd | 297 | ||||||||
745,772 | EarthLink Holdings Corp | 5,541 | ||||||||
3,577,002 | * | eBay, Inc | 98,296 | |||||||
66,718 | e | Ebix, Inc | 2,188 |
153 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
30,271 | eClerx Services Ltd | $ | 648 | |||||||
53,804 | e | Econocom Group | 498 | |||||||
1,319,895 | * | Electronic Arts, Inc | 90,703 | |||||||
94,174 | *,e | Ellie Mae, Inc | 5,672 | |||||||
160,425 | Ementor ASA | 1,325 | ||||||||
147,957 | *,e | Endurance International Group Holdings, Inc | 1,617 | |||||||
144,448 | *,e | EnerNOC, Inc | 556 | |||||||
37,623 | Enghouse Systems Ltd | 2,021 | ||||||||
11,230 | Engineering Ingegneria Informatica S.p.A. | 731 | ||||||||
97,178 | * | Envestnet, Inc | 2,901 | |||||||
187,484 | EOH Holdings Ltd | 1,635 | ||||||||
269,673 | * | EPAM Systems, Inc | 21,202 | |||||||
81,412 | EPIQ Systems, Inc | 1,064 | ||||||||
173,987 | * | Euronet Worldwide, Inc | 12,602 | |||||||
167,489 | * | Everi Holdings, Inc | 735 | |||||||
322,122 | EVERTEC, Inc | 5,392 | ||||||||
58,112 | *,e | Everyday Health, Inc | 350 | |||||||
104,067 | * | ExlService Holdings, Inc | 4,676 | |||||||
33,700 | e | F@N Communications, Inc | 207 | |||||||
8,042,265 | * | Facebook, Inc | 841,703 | |||||||
104,789 | Fair Isaac Corp | 9,869 | ||||||||
421,500 | g | Feiyu Technology International Co Ltd | 101 | |||||||
2,700 | *,e | FFRI, Inc | 212 | |||||||
627,529 | Fidelity National Information Services, Inc | 38,028 | ||||||||
441,880 | *,e | FireEye, Inc | 9,165 | |||||||
456,573 | * | First American Corp | 15,460 | |||||||
300,640 | * | First Data Corp | 4,816 | |||||||
739,652 | * | Fiserv, Inc | 67,649 | |||||||
67,080 | *,e | Five9, Inc | 584 | |||||||
353,120 | * | FleetCor Technologies, Inc | 50,471 | |||||||
94,437 | *,e | FleetMatics Group plc | 4,796 | |||||||
26,388 | Forrester Research, Inc | 752 | ||||||||
1,177,707 | * | Fortinet, Inc | 36,709 | |||||||
212,549 | e | F-Secure Oyj | 594 | |||||||
62,400 | FUJI SOFT, Inc | 1,369 | ||||||||
5,777,592 | Fujitsu Ltd | 28,837 | ||||||||
16,600 | e | Future Architect, Inc | 108 | |||||||
13,489 | * | GameHi Co Ltd | 137 | |||||||
66,531 | *,e | GameLoft | 437 | |||||||
4,770 | * | Gamevil, Inc | 312 | |||||||
183,948 | * | Gartner, Inc | 16,684 | |||||||
436,685 | * | Genpact Ltd | 10,908 | |||||||
13,718 | GFT Technologies AG. | 467 | ||||||||
275,220 | * | Gigamon, Inc | 7,313 | |||||||
838,704 | Global Payments, Inc | 54,105 | ||||||||
36,226 | *,e | Globant S.A. | 1,359 | |||||||
1,778,514 | *,e,m | Globo plc | 370 | |||||||
300,461 | *,e | Glu Mobile, Inc | 730 | |||||||
147,400 | GMO internet, Inc | 1,940 | ||||||||
94,500 | e | GMO Payment Gateway, Inc | 4,488 | |||||||
104,814 | *,e | GoDaddy, Inc | 3,360 | |||||||
140,070 | *,e | Gogo, Inc | 2,493 |
154 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
2,983 | * | Golfzon co Ltd | $ | 222 | ||||||
26,300 | Gourmet Navigator, Inc | 546 | ||||||||
81,250 | *,e | Gravity Co Ltd (ADR) | 257 | |||||||
131,500 | Gree, Inc | 624 | ||||||||
465,253 | *,e | GrubHub, Inc | 11,259 | |||||||
58,442 | * | GTT Communications, Inc | 997 | |||||||
58,058 | *,e | Guidance Software, Inc | 350 | |||||||
311,699 | * | Guidewire Software, Inc | 18,752 | |||||||
674,114 | e | GungHo Online Entertainment Inc | 1,831 | |||||||
15,909 | Haansoft, Inc | 315 | ||||||||
131,192 | Hackett Group, Inc | 2,108 | ||||||||
420,000 | *,e | HC International, Inc | 251 | |||||||
861,677 | HCL Technologies Ltd | 11,113 | ||||||||
92,455 | Heartland Payment Systems, Inc | 8,767 | ||||||||
91,104 | Hexaware Technologies Ltd | 333 | ||||||||
1,863,000 | *,e | Hi Sun Technology China Ltd | 341 | |||||||
227,623 | *,e | Hortonworks, Inc | 4,985 | |||||||
47,034 | *,e | HubSpot, Inc | 2,649 | |||||||
406,228 | IAC/InterActiveCorp | 24,394 | ||||||||
6,600 | *,e | iDreamsky Technology Ltd (ADR) | 88 | |||||||
2,466,000 | e | IGG, Inc | 1,098 | |||||||
109,784 | * | Imperva, Inc | 6,950 | |||||||
99,784 | *,e | Indra Sistemas S.A. | 936 | |||||||
533,800 | Ines Corp | 4,962 | ||||||||
108,235 | Info Edge India Ltd | 1,395 | ||||||||
300,357 | *,e | Infoblox, Inc | 5,524 | |||||||
812,900 | e | Infomart Corp | 8,013 | |||||||
42,800 | Information Services International-Dentsu Ltd | 826 | ||||||||
3,053,760 | Infosys Technologies Ltd | 50,886 | ||||||||
5,197 | e | Init Innovation In Traffic Sys | 93 | |||||||
10,702 | *,e | Instructure, Inc | 223 | |||||||
43,519 | * | Interactive Intelligence, Inc | 1,367 | |||||||
142,365 | * | Internap Network Services Corp | 911 | |||||||
2,254,652 | International Business Machines Corp | 310,285 | ||||||||
26,400 | Internet Initiative Japan, Inc | 524 | ||||||||
40,540 | * | InterXion Holding NV | 1,222 | |||||||
1,462,278 | Intuit, Inc | 141,110 | ||||||||
160,857 | iomart Group plc | 645 | ||||||||
73,371 | * | iProperty Group Ltd | 210 | |||||||
112,123 | e | Iress Market Technology Ltd | 812 | |||||||
616,588 | iSentia Group Ltd | 2,163 | ||||||||
20,900 | Istyle, Inc | 369 | ||||||||
183,960 | IT Holdings Corp | 4,203 | ||||||||
86,900 | Itochu Techno-Science Corp | 1,731 | ||||||||
118,471 | j2 Global, Inc | 9,753 | ||||||||
136,187 | Jack Henry & Associates, Inc | 10,631 | ||||||||
6,277 | * | JCEntertainment Corp | 155 | |||||||
121,093 | * | Jive Software, Inc | 494 | |||||||
3,773 | * | Joymax Co Ltd | 46 | |||||||
24,974 | * | Just Dial Ltd | 317 | |||||||
1,521,517 | * | Just Eat plc | 11,048 | |||||||
27,900 | Justsystems Corp | 216 |
155 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
214,254 | * | Kainos Group plc | $ | 819 | ||||||
38,320 | e | Kakaku.com, Inc | 754 | |||||||
10,635 | * | KCP Co Ltd | 238 | |||||||
13,674 | Kginicis Co Ltd | 188 | ||||||||
10,204 | KGMobilians Co Ltd | 123 | ||||||||
48,426 | * | Kinaxis, Inc | 1,642 | |||||||
159,292 | King Digital Entertainment plc | 2,848 | ||||||||
1,908,000 | e | Kingdee International Software Group Co Ltd | 868 | |||||||
1,039,865 | e | Kingsoft Corp Ltd | 2,525 | |||||||
127,900 | *,e | KLab, Inc | 842 | |||||||
78,812 | * | Knot, Inc | 1,266 | |||||||
503,768 | Konami Corp | 11,992 | ||||||||
14,700 | *,e | KongZhong Corp (ADR) | 110 | |||||||
11,919 | * | Korea Information & Communications Co Ltd | 134 | |||||||
9,452 | Korea Information Certificate Authority, Inc | 86 | ||||||||
354,452 | KPIT Cummins Infosystems Ltd | 900 | ||||||||
10,907 | * | KT Hitel Co Ltd | 84 | |||||||
214,347 | Leidos Holdings, Inc | 12,059 | ||||||||
274,779 | * | Limelight Networks, Inc | 401 | |||||||
251,897 | * | LinkedIn Corp | 56,697 | |||||||
341,800 | Linx S.A. | 3,827 | ||||||||
167,293 | * | Lionbridge Technologies | 821 | |||||||
110,820 | *,e | Liquidity Services, Inc | 720 | |||||||
142,900 | * | Liveperson, Inc | 965 | |||||||
94,357 | * | LogMeIn, Inc | 6,331 | |||||||
251,896 | * | Luxoft Holding, Inc | 19,429 | |||||||
461,885 | *,e | Manhattan Associates, Inc | 30,563 | |||||||
91,710 | Mantech International Corp (Class A) | 2,773 | ||||||||
152,513 | Marchex, Inc (Class B) | 593 | ||||||||
111,683 | *,e | Marin Software, Inc | 400 | |||||||
87,397 | * | Marketo, Inc | 2,509 | |||||||
25,700 | e | Marvelous AQL, Inc | 196 | |||||||
3,825,694 | Mastercard, Inc (Class A) | 372,470 | ||||||||
58,011 | *,e | Match Group, Inc | 786 | |||||||
85,056 | Matrix IT Ltd | 495 | ||||||||
243,396 | MAXIMUS, Inc | 13,691 | ||||||||
470,660 | Mentor Graphics Corp | 8,670 | ||||||||
173,697 | Micro Focus International plc | 4,079 | ||||||||
27,171,954 | Microsoft Corp | 1,507,500 | ||||||||
252,253 | * | MicroStrategy, Inc (Class A) | 45,226 | |||||||
15,675 | *,e | MINDBODY, Inc | 237 | |||||||
89,915 | MindTree Ltd | 1,942 | ||||||||
14,800 | Mitsubishi Research Institute, Inc | 424 | ||||||||
199,130 | Mixi Inc | 7,448 | ||||||||
110,874 | *,e | MobileIron, Inc | 400 | |||||||
1,316,300 | *,e | Mobileye NV | 55,653 | |||||||
55,485 | * | Model N, Inc | 619 | |||||||
150,842 | *,e | ModusLink Global Solutions, Inc | 374 | |||||||
18,100 | *,e | Momo, Inc (ADR) | 290 | |||||||
78,538 | * | MoneyGram International, Inc | 492 | |||||||
1,505,474 | Moneysupermarket.com Group plc | 8,144 | ||||||||
124,092 | Monotype Imaging Holdings, Inc | 2,934 |
156 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
236,527 | *,e | Monster Worldwide, Inc | $ | 1,355 | ||||||
127,777 | Mphasis Ltd | 958 | ||||||||
528,200 | My EG Services BHD | 529 | ||||||||
230,053 | * | MYOB Ltd | 544 | |||||||
78,404 | *,e | Myriad Group AG. | 199 | |||||||
852,000 | * | National Agricultural Holdings Ltd | 368 | |||||||
47,082 | Naver Corp | 26,255 | ||||||||
18,067 | NCsoft | 3,257 | ||||||||
19,400 | NEC Networks & System Integration Corp | 343 | ||||||||
23,002 | Nemetschek AG. | 1,142 | ||||||||
11,733 | * | Neowiz Games Corp | 161 | |||||||
250,900 | NET One Systems Co Ltd | 1,606 | ||||||||
176,000 | e | NetDragon Websoft, Inc | 483 | |||||||
158,667 | e | Netease.com (ADR) | 28,757 | |||||||
23,902 | NetEnt AB | 1,393 | ||||||||
47,125 | *,e | NetSuite, Inc | 3,988 | |||||||
207,733 | *,e | NeuStar, Inc (Class A) | 4,979 | |||||||
14,986 | *,e | New Relic, Inc | 546 | |||||||
401,864 | Nexon Co Ltd | 6,537 | ||||||||
174,040 | e | NEXTDC Ltd | 303 | |||||||
15,328 | * | NHN Entertainment Corp | 738 | |||||||
248,056 | * | NIC, Inc | 4,882 | |||||||
5,361 | Nice Information & Telecommunication, Inc | 145 | ||||||||
71,599 | Nice Systems Ltd | 4,114 | ||||||||
85,700 | e | Nihon Unisys Ltd | 943 | |||||||
56,041 | NIIT Technologies Ltd | 489 | ||||||||
134,419 | Nintendo Co Ltd | 18,484 | ||||||||
29,300 | Nippon System Development Co Ltd | 424 | ||||||||
81,440 | Nomura Research Institute Ltd | 3,128 | ||||||||
37,700 | *,e | NQ Mobile, Inc (ADR) | 137 | |||||||
102,800 | NS Solutions Corp | 2,342 | ||||||||
112,651 | NTT Data Corp | 5,446 | ||||||||
997,296 | * | Nuance Communications, Inc | 19,836 | |||||||
25,200 | OBIC Business Consultants Ltd | 1,411 | ||||||||
52,700 | Obic Co Ltd | 2,790 | ||||||||
218,564 | Open Text Corp | 10,479 | ||||||||
107,512 | e | Opera Software ASA | 610 | |||||||
70,023 | *,e | OPOWER, Inc | 739 | |||||||
444,430 | * | Optimal Payments plc | 2,418 | |||||||
12,141,921 | Oracle Corp | 443,544 | ||||||||
30,549 | Oracle Corp Japan | 1,422 | ||||||||
21,895 | Otsuka Corp | 1,076 | ||||||||
291,000 | e | Ourgame International Holdings Ltd | 214 | |||||||
505,700 | e | Pacific Online | 152 | |||||||
401,018 | *,e | Pandora Media, Inc | 5,378 | |||||||
28,661 | *,e | Park City Group, Inc | 341 | |||||||
759,313 | Paychex, Inc | 40,160 | ||||||||
87,669 | *,e | Paycom Software, Inc | 3,299 | |||||||
38,230 | *,e | Paylocity Holding Corp | 1,550 | |||||||
4,527,843 | * | PayPal Holdings, Inc | 163,908 | |||||||
73,789 | PC Home Online | 734 | ||||||||
263,000 | e | PCA Corp | 3,331 |
157 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
150,085 | Pegasystems, Inc | $ | 4,127 | |||||||
90,976 | * | Perficient, Inc | 1,558 | |||||||
64,590 | Persistent Systems Ltd | 624 | ||||||||
38,763 | * | PFSweb, Inc | 499 | |||||||
20,100 | * | Phoenix New Media Ltd (ADR) | 121 | |||||||
724,366 | Playtech Ltd | 8,868 | ||||||||
178,592 | Polaris Software Lab Ltd | 566 | ||||||||
55,354 | POSDATA Co Ltd | 238 | ||||||||
28,150 | * | PRGX Global, Inc | 105 | |||||||
253,617 | * | Progress Software Corp | 6,087 | |||||||
431,314 | * | Proofpoint, Inc | 28,040 | |||||||
58,921 | * | PROS Holdings, Inc | 1,358 | |||||||
409,784 | * | PTC, Inc | 14,191 | |||||||
77,819 | * | Q2 Holdings, Inc | 2,052 | |||||||
25,018 | QAD, Inc (Class A) | 513 | ||||||||
84,000 | *,e | Qihoo 360 Technology Co Ltd (ADR) | 6,116 | |||||||
567,351 | * | QLIK Technologies, Inc | 17,962 | |||||||
129,649 | * | Qualys, Inc | 4,290 | |||||||
105,831 | * | QuinStreet, Inc | 454 | |||||||
151,484 | *,e | Quotient Technology, Inc | 1,033 | |||||||
588,701 | * | Rackspace Hosting, Inc | 14,906 | |||||||
19,487 | *,e | Rapid7, Inc | 295 | |||||||
71,992 | * | RealNetworks, Inc | 306 | |||||||
148,040 | *,e | RealPage, Inc | 3,324 | |||||||
692,226 | * | Red Hat, Inc | 57,323 | |||||||
136,819 | Redcentric plc | 380 | ||||||||
91,531 | *,e | Redknee Solutions, Inc | 196 | |||||||
31,546 | Reis, Inc | 749 | ||||||||
43,600 | * | RENREN,Inc (ADR) | 160 | |||||||
12,612 | Reply S.p.A. | 1,726 | ||||||||
241,357 | * | RetailMeNot, Inc | 2,394 | |||||||
27,233 | *,e | RIB Software AG. | 332 | |||||||
134,083 | * | RingCentral, Inc | 3,162 | |||||||
68,247 | *,e | Rocket Fuel, Inc | 238 | |||||||
233,299 | * | Rolta India Ltd | 352 | |||||||
217,955 | *,e | Rovi Corp | 3,631 | |||||||
236,957 | *,e | Rubicon Project, Inc | 3,898 | |||||||
746,852 | Sabre Corp | 20,889 | ||||||||
100,749 | SafeCharge International Group Ltd | 368 | ||||||||
2,106,303 | Sage Group plc | 18,715 | ||||||||
20,814 | * | Saipens International Corp NV | 212 | |||||||
3,896,670 | * | Salesforce.com, Inc | 305,499 | |||||||
447,600 | Samart Corp PCL | 191 | ||||||||
33,782 | Samsung SDS Co Ltd | 7,266 | ||||||||
990,889 | SAP AG. | 78,630 | ||||||||
59,849 | e | Sapiens International Corp NV | 610 | |||||||
6,819 | SBSi Co Ltd | 87 | ||||||||
194,222 | Science Applications International Corp | 8,892 | ||||||||
71,294 | * | Sciquest, Inc | 925 | |||||||
416,678 | *,g | Scout24 AG. | 14,772 | |||||||
87,006 | * | Seachange International, Inc | 586 | |||||||
1,218,797 | * | ServiceNow, Inc | 105,499 |
158 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
153,347 | *,e | ServiceSource International LLC | $ | 707 | ||||||
116,030 | Shanghai Baosight Software Co Ltd | 502 | ||||||||
7,856 | *,e | Shopify, Inc | 202 | |||||||
49,095 | *,e | Shutterstock, Inc | 1,588 | |||||||
90,290 | *,e | Silver Spring Networks, Inc | 1,301 | |||||||
3,192,600 | e | Silverlake Axis Ltd | 1,481 | |||||||
49,829 | SimCorp AS | 2,810 | ||||||||
26,014 | *,e | Sina Corp | 1,285 | |||||||
438,000 | e | Sinosoft Technology Group Ltd | 236 | |||||||
14,954 | * | SK Communications Co Ltd | 55 | |||||||
103,600 | SMS Co Ltd | 2,175 | ||||||||
44,598 | Software AG. | 1,271 | ||||||||
101,540 | Soft-World International Corp | 197 | ||||||||
15,614 | * | Sohu.com, Inc | 893 | |||||||
198,866 | * | SolarWinds, Inc | 11,713 | |||||||
90,893 | Solera Holdings, Inc | 4,984 | ||||||||
452,525 | Sonda S.A. | 802 | ||||||||
176,165 | g | Sophos Group plc | 683 | |||||||
44,135 | Sopra Group S.A. | 5,190 | ||||||||
142,200 | SouFun Holdings Ltd (ADR) | 1,051 | ||||||||
275,788 | *,e | Splunk, Inc | 16,219 | |||||||
41,293 | * | SPS Commerce, Inc | 2,899 | |||||||
78,427 | Square Enix Co Ltd | 1,896 | ||||||||
50,693 | *,e | Square, Inc | 664 | |||||||
251,524 | SS&C Technologies Holdings, Inc | 17,172 | ||||||||
92,032 | * | Stamps.com, Inc | 10,088 | |||||||
47,942 | Sumisho Computer Systems Corp | 1,926 | ||||||||
11,158 | * | SundayToz Corp | 117 | |||||||
1,374,000 | SUNeVision Holdings Ltd | 438 | ||||||||
169,591 | * | Sykes Enterprises, Inc | 5,220 | |||||||
3,031,635 | Symantec Corp | 63,664 | ||||||||
98,794 | *,e | Synchronoss Technologies, Inc | 3,481 | |||||||
254,965 | * | Synopsys, Inc | 11,629 | |||||||
136,924 | * | Syntel, Inc | 6,196 | |||||||
175,000 | Systex Corp | 281 | ||||||||
162,073 | * | TA Indigo Holding Corp | 1,470 | |||||||
128,688 | * | Tableau Software, Inc | 12,125 | |||||||
728,172 | * | Take-Two Interactive Software, Inc | 25,370 | |||||||
97,303 | * | Tangoe, Inc | 816 | |||||||
793,492 | Tata Consultancy Services Ltd | 29,172 | ||||||||
7,461 | Tata Elxsi Ltd | 251 | ||||||||
667,565 | Tech Mahindra Ltd | 5,241 | ||||||||
443,052 | Technology One Ltd | 1,589 | ||||||||
60,068 | * | TechTarget, Inc | 482 | |||||||
123,200 | Tecmo Koei Holdings Co Ltd | 1,824 | ||||||||
214,486 | Telecity Group plc | 3,964 | ||||||||
131,336 | * | TeleCommunication Systems, Inc (Class A) | 653 | |||||||
74,093 | * | TeleNav, Inc | 422 | |||||||
60,807 | TeleTech Holdings, Inc | 1,697 | ||||||||
54,321 | Temenos Group AG. | 2,806 | ||||||||
11,318,875 | Tencent Holdings Ltd | 221,623 | ||||||||
556,865 | *,e | Teradata Corp | 14,712 |
159 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
48,824 | *,e | Textura Corp | $ | 1,054 | ||||||
411,000 | e,g | Tian GE Interactive Holdings Ltd | 170 | |||||||
125,398 | Tietoenator Oyj | 3,350 | ||||||||
240,598 | * | TiVo, Inc | 2,076 | |||||||
13,900 | TKC | 370 | ||||||||
694,564 | Total System Services, Inc | 34,589 | ||||||||
136,519 | Totvus S.A. | 1,068 | ||||||||
21,200 | Trans Cosmos, Inc/Japan | 544 | ||||||||
609,280 | e | Travelport Worldwide Ltd | 7,860 | |||||||
939,000 | Travelsky Technology Ltd | 1,537 | ||||||||
20,976 | * | Travelzoo, Inc | 176 | |||||||
94,903 | Trend Micro, Inc | 3,851 | ||||||||
126,236 | *,e | TrueCar, Inc | 1,204 | |||||||
40,380 | *,e | TubeMogul, Inc | 549 | |||||||
1,117,395 | *,e | Twitter, Inc | 25,857 | |||||||
146,650 | * | Tyler Technologies, Inc | 25,564 | |||||||
86,934 | * | Ubisoft Entertainment | 2,516 | |||||||
70,509 | * | Ultimate Software Group, Inc | 13,785 | |||||||
153,203 | *,e | Unisys Corp | 1,693 | |||||||
201,960 | United Internet AG. | 11,104 | ||||||||
40,158 | * | United Online, Inc | 473 | |||||||
21,900 | e | UNITED, Inc | 279 | |||||||
3,110,000 | e | V1 Group Ltd | 199 | |||||||
104,193 | * | Vakrangee Ltd | 274 | |||||||
597,076 | * | Vantiv, Inc | 28,313 | |||||||
23,812 | *,e | Varonis Systems, Inc | 448 | |||||||
73,640 | *,e | Vasco Data Security International | 1,232 | |||||||
280,000 | *,e | V-Cube, Inc | 2,338 | |||||||
249,004 | * | VeriFone Systems, Inc | 6,977 | |||||||
212,634 | * | Verint Systems, Inc | 8,624 | |||||||
452,377 | *,e | VeriSign, Inc | 39,520 | |||||||
115,801 | *,e | VirnetX Holding Corp | 298 | |||||||
88,340 | * | Virtusa Corp | 3,652 | |||||||
7,986,459 | Visa, Inc (Class A) | 619,350 | ||||||||
401,512 | *,e | VMware, Inc (Class A) | 22,714 | |||||||
36,871 | Watchstone Group plc | 172 | ||||||||
92,831 | *,e | WebMD Health Corp (Class A) | 4,484 | |||||||
240,254 | * | Website Pros, Inc | 4,808 | |||||||
12,029 | * | Webzen, Inc | 240 | |||||||
7,808 | * | WeMade Entertainment Co Ltd | 245 | |||||||
1,189,407 | e | Western Union Co | 21,302 | |||||||
133,332 | * | WEX, Inc | 11,787 | |||||||
1,020,957 | Wipro Ltd | 8,605 | ||||||||
198,439 | e | Wirecard AG. | 9,919 | |||||||
160,394 | * | Wix.com Ltd | 3,649 | |||||||
373,488 | * | Workday, Inc | 29,760 | |||||||
43,129 | *,e | Workiva, Inc | 758 | |||||||
3,354,627 | *,g | Worldpay Group plc | 15,197 | |||||||
15,400 | * | Wowo Ltd (ADR) | 78 | |||||||
24,514 | *,e | Xactly Corp | 209 | |||||||
336,690 | Xchanging plc | 958 | ||||||||
60,319 | *,e | Xero Ltd | 815 |
160 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,805,165 | Xerox Corp | $ | 19,189 | |||||||
2,441 | XING AG. | 450 | ||||||||
91,233 | XPEC Entertainment, Inc | 254 | ||||||||
57,023 | * | Xura, Inc | 1,402 | |||||||
5,050,000 | Xurpas, Inc | 1,628 | ||||||||
1,487,448 | Yahoo! Japan Corp | 6,046 | ||||||||
3,514,113 | * | Yahoo!, Inc | 116,879 | |||||||
121,436 | * | Yelp, Inc | 3,497 | |||||||
70,000 | * | Youku Tudou, Inc (ADR) | 1,899 | |||||||
15,200 | * | YY, Inc (ADR) | 950 | |||||||
135,627 | * | Zendesk, Inc | 3,586 | |||||||
11,179 | Zensar Technologies Ltd | 183 | ||||||||
83,810 | *,e | Zillow Group, Inc | 2,182 | |||||||
169,633 | *,e | Zillow Group, Inc (Class C) | 3,983 | |||||||
146,944 | * | Zix Corp | 746 | |||||||
392,237 | e,g | Zoopla Property Group plc | 1,385 | |||||||
1,690,745 | * | Zynga, Inc | 4,531 | |||||||
TOTAL SOFTWARE & SERVICES | 10,954,081 | |||||||||
TECHNOLOGY HARDWARE & EQUIPMENT - 4.7% | ||||||||||
208,977 | *,e | 3D Systems Corp | 1,816 | |||||||
918,221 | e | AAC Technologies Holdings, Inc | 5,973 | |||||||
2,028,292 | Accton Technology Corp | 1,965 | ||||||||
3,179,478 | * | Acer, Inc | 1,165 | |||||||
101,815 | Adlink Technology, Inc | 234 | ||||||||
128,735 | Adtran, Inc | 2,217 | ||||||||
274,214 | * | ADVA AG. Optical Networking | 3,311 | |||||||
36,000 | Advanced Ceramic X Corp | 237 | ||||||||
355,059 | Advantech Co Ltd | 2,274 | ||||||||
63,963 | *,e | Aerohive Networks, Inc | 327 | |||||||
43,669 | * | Agilysys, Inc | 436 | |||||||
31,900 | Ai Holdings Corp | 809 | ||||||||
3,884,521 | * | Alcatel S.A. | 15,347 | |||||||
2,200,000 | * | Alcatel-Lucent (ADR) | 8,426 | |||||||
34,232 | *,e | Alliance Fiber Optic Products, Inc | 519 | |||||||
284,400 | Alpha Networks, Inc | 147 | ||||||||
830,400 | Alps Electric Co Ltd | 22,519 | ||||||||
165,100 | Amano Corp | 2,233 | ||||||||
569,981 | Amphenol Corp (Class A) | 29,770 | ||||||||
387,533 | * | Anixter International, Inc | 23,403 | |||||||
119,900 | Anritsu Corp | 786 | ||||||||
2,796,000 | *,e,m | Anxin-China Holdings Ltd | 4 | |||||||
19,142,273 | Apple, Inc | 2,014,916 | ||||||||
41,258 | *,e | Applied Optoelectronics, Inc | 708 | |||||||
65,581 | *,e | Arista Networks, Inc | 5,105 | |||||||
356,717 | * | ARRIS Group, Inc | 10,905 | |||||||
146,213 | * | Arrow Electronics, Inc | 7,922 | |||||||
90,370 | Ascom Holding AG. | 1,432 | ||||||||
203,000 | * | Asia Optical Co, Inc | 179 | |||||||
2,440,464 | Asia Vital Components Co Ltd | 2,123 | ||||||||
771,262 | Asustek Computer, Inc | 6,368 | ||||||||
89,000 | Aten International Co Ltd | 190 |
161 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
25,731,690 | AU Optronics Corp | $ | 7,586 | |||||||
251,000 | Aurora Corp | 390 | ||||||||
23,619 | Austria Technologie & Systemtechnik AG. | 373 | ||||||||
79,943 | *,e | Avid Technology, Inc | 583 | |||||||
34,162 | *,e | Avigilon Corp | 338 | |||||||
209,469 | Avnet, Inc | 8,974 | ||||||||
133,033 | e | AVX Corp | 1,615 | |||||||
37,086 | e | Badger Meter, Inc | 2,173 | |||||||
22,091 | Barco NV | 1,479 | ||||||||
48,958 | Bel Fuse, Inc (Class B) | 846 | ||||||||
106,291 | e | Belden CDT, Inc | 5,068 | |||||||
263,860 | * | Benchmark Electronics, Inc | 5,454 | |||||||
6,012,000 | Benq Corp | 1,990 | ||||||||
1,056,000 | BenQ Materials Corp | 666 | ||||||||
92,427 | Black Box Corp | 881 | ||||||||
491,446 | *,e | Blackberry Ltd (New) | 4,560 | |||||||
1,444,000 | Boardtek Electronics Corp | 1,460 | ||||||||
982,467 | Brocade Communications Systems, Inc | 9,019 | ||||||||
675,377 | Brother Industries Ltd | 7,759 | ||||||||
779,500 | * | BYD Electronic International Co Ltd | 416 | |||||||
112,607 | * | CalAmp Corp | 2,244 | |||||||
7,061,915 | CalComp Electronics Thailand PCL | 657 | ||||||||
112,318 | * | Calix Networks, Inc | 884 | |||||||
16,600 | Canon Electronics, Inc | 273 | ||||||||
1,657,371 | e | Canon, Inc | 50,136 | |||||||
274,000 | Career Technology Co Ltd | 204 | ||||||||
138,000 | Casetek Holdings Ltd | 560 | ||||||||
2,410,853 | Catcher Technology Co Ltd | 20,098 | ||||||||
288,000 | Catic Shenzhen Holdings Ltd | 160 | ||||||||
258,545 | CDW Corp | 10,869 | ||||||||
305,499 | * | Celestica, Inc | 3,378 | |||||||
145,741 | Checkpoint Systems, Inc | 914 | ||||||||
1,371,602 | Cheng Uei Precision Industry Co Ltd | 1,891 | ||||||||
718,463 | Chicony Electronics Co Ltd | 1,572 | ||||||||
1,589,663 | Chimei Materials Technology Corp | 980 | ||||||||
1,942,000 | e | China Aerospace International Holdings Ltd | 261 | |||||||
1,706,000 | China All Access Holdings Ltd | 571 | ||||||||
489,600 | e | China Fiber Optic Network System Group Ltd | 46 | |||||||
4,104,000 | * | China Innovationpay Group Ltd | 218 | |||||||
337,000 | Chin-Poon Industrial Co | 540 | ||||||||
322,840 | Chroma ATE, Inc | 626 | ||||||||
3,246,215 | *,e | Ciena Corp | 67,164 | |||||||
20,899,411 | Cisco Systems, Inc | 567,523 | ||||||||
355,345 | Citizen Watch Co Ltd | 2,554 | ||||||||
28,882 | *,e | Clearfield, Inc | 387 | |||||||
460,393 | Clevo Co | 440 | ||||||||
1,937,394 | * | CMC Magnetics Corp | 203 | |||||||
177,986 | Cognex Corp | 6,011 | ||||||||
91,642 | * | Coherent, Inc | 5,967 | |||||||
1,123,215 | Comba Telecom Systems Holdings Ltd | 204 | ||||||||
640 | Comet Holding AG. | 465 | ||||||||
234,231 | * | CommScope Holding Co, Inc | 6,064 |
162 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
6,975,021 | Compal Electronics, Inc | $ | 3,903 | |||||||
5,773,000 | Compeq Manufacturing Co | 3,857 | ||||||||
47,109 | Comtech Telecommunications Corp | 946 | ||||||||
54,600 | *,e | Control4 Corp | 397 | |||||||
2,636,000 | * | Coolpad Group Ltd | 524 | |||||||
2,077,500 | Coretronic Corp | 1,716 | ||||||||
2,376,161 | Corning, Inc | 43,436 | ||||||||
605,000 | Coxon Precise Industrial Co Ltd | 911 | ||||||||
39,271 | *,e | CPI Card Group, Inc | 419 | |||||||
100,288 | * | Cray, Inc | 3,254 | |||||||
20,124 | * | CrucialTec Co Ltd | 266 | |||||||
81,133 | CTS Corp | 1,431 | ||||||||
176,012 | Daeduck Electronics Co | 1,138 | ||||||||
106,127 | Daeduck GDS Co Ltd | 897 | ||||||||
1,158,000 | Daiwabo Co Ltd | 2,311 | ||||||||
95,461 | Daktronics, Inc | 832 | ||||||||
97,288 | Daou Data Corp | 1,278 | ||||||||
17,767 | Datalogic S.p.A. | 316 | ||||||||
189,755 | e | DataTec Ltd | 632 | |||||||
1,049,100 | Delta Electronics Thai PCL | 2,217 | ||||||||
3,398,207 | Delta Electronics, Inc | 15,984 | ||||||||
160,000 | Denki Kogyo Co Ltd | 714 | ||||||||
38,900 | Dexerials Corp | 417 | ||||||||
160,138 | e | Diebold, Inc | 4,819 | |||||||
88,128 | * | Digi International, Inc | 1,003 | |||||||
3,123,000 | e | Digital China Holdings Ltd | 3,569 | |||||||
39,355 | Digital Multimedia Technologies S.p.A. | 2,536 | ||||||||
714,421 | D-Link Corp | 223 | ||||||||
112,938 | Dolby Laboratories, Inc (Class A) | 3,800 | ||||||||
44,985 | * | DTS, Inc | 1,016 | |||||||
435,000 | Dynapack International Technology Corp | 638 | ||||||||
1,319,600 | Eastern Communications Co Ltd | 1,170 | ||||||||
47,625 | *,e | Eastman Kodak Co | 597 | |||||||
108,120 | * | EchoStar Corp (Class A) | 4,229 | |||||||
13,771 | Eizo Nanao Corp | 330 | ||||||||
15,700 | Elecom Co Ltd | 203 | ||||||||
101,224 | Electro Rent Corp | 931 | ||||||||
25,875 | * | Electro Scientific Industries, Inc | 134 | |||||||
1,033,294 | Electrocomponents plc | 3,618 | ||||||||
118,476 | * | Electronics for Imaging, Inc | 5,538 | |||||||
6,400 | Elematec Corp | 154 | ||||||||
2,036,654 | Elite Material Co Ltd | 3,543 | ||||||||
1,198,324 | Elitegroup Computer Systems Co Ltd | 734 | ||||||||
3,370,578 | EMC Corp | 86,556 | ||||||||
45,441 | * | EMCORE Corp | 279 | |||||||
37,000 | Ennoconn Corp | 417 | ||||||||
11,700 | Enplas Corp | 421 | ||||||||
64,250 | * | ePlus, Inc | 5,992 | |||||||
5,527,369 | Ericsson (LM) (B Shares) | 53,291 | ||||||||
25,032 | e | Esprinet S.p.A. | 230 | |||||||
14,418 | EVS Broadcast Equipment S.A. | 454 | ||||||||
872,485 | * | Extreme Networks, Inc | 3,560 |
163 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
427,222 | * | F5 Networks, Inc | $ | 41,423 | ||||||
150,397 | * | Fabrinet | 3,582 | |||||||
42,746 | * | FARO Technologies, Inc | 1,262 | |||||||
104,324 | FEI Co | 8,324 | ||||||||
7,059,000 | FIH Mobile Ltd | 2,687 | ||||||||
109,480 | *,e | Fingerprint Cards AB | 7,598 | |||||||
261,859 | * | Finisar Corp | 3,807 | |||||||
186,317 | Firich Enterprises Co Ltd | 513 | ||||||||
1,241,086 | *,e | Fitbit, Inc | 36,724 | |||||||
394,368 | FLEXium Interconnect, Inc | 936 | ||||||||
874,251 | * | Flextronics International Ltd | 9,800 | |||||||
328,068 | Flir Systems, Inc | 9,209 | ||||||||
103,310 | Flytech Technology Co Ltd | 297 | ||||||||
1,007,037 | Foxconn Technology Co Ltd | 2,121 | ||||||||
1,327,481 | Fujifilm Holdings Corp | 55,399 | ||||||||
9,734,000 | *,e | GCL New Energy Holdings Ltd | 567 | |||||||
71,641 | Gemalto NV | 4,299 | ||||||||
119,000 | * | General Interface Solution Holding Ltd | 395 | |||||||
58,909 | * | Genius Electronic Optical Co Ltd | 106 | |||||||
2,213,000 | Getac Technology Corp | 1,344 | ||||||||
1,924,000 | Gigabyte Technology Co Ltd | 2,126 | ||||||||
422,000 | * | Gold Circuit Electronics Ltd | 127 | |||||||
317,000 | Goldpac Group Ltd | 138 | ||||||||
5,710 | * | Green Cross Cell Corp | 218 | |||||||
686,680 | *,e | GSH Corp Ltd | 121 | |||||||
129,608 | * | GSI Group, Inc | 1,765 | |||||||
1,060,079 | Halma plc | 13,499 | ||||||||
30,500 | Hamamatsu Photonics KK | 836 | ||||||||
2,438,330 | * | HannStar Display Corp | 287 | |||||||
224,911 | *,e | Harmonic, Inc | 915 | |||||||
294,518 | Harris Corp | 25,594 | ||||||||
7,532,195 | * | Hewlett Packard Enterprise Co | 114,489 | |||||||
105,521 | Hexagon AB (B Shares) | 3,904 | ||||||||
768,725 | High Tech Computer Corp | 1,816 | ||||||||
9,400 | Hirose Electric Co Ltd | 1,138 | ||||||||
507,946 | Hitachi High-Technologies Corp | 13,736 | ||||||||
128,000 | Hitachi Kokusai Electric, Inc | 1,740 | ||||||||
11,434,098 | Hitachi Ltd | 64,790 | ||||||||
334,200 | Hitachi Maxell Ltd | 5,936 | ||||||||
587,100 | Holystone Enterprise Co Ltd | 595 | ||||||||
28,476,808 | Hon Hai Precision Industry Co, Ltd | 69,691 | ||||||||
85,795 | Horiba Ltd | 3,313 | ||||||||
210,500 | Hosiden Corp | 1,184 | ||||||||
7,063,391 | HP, Inc | 83,631 | ||||||||
89,448 | Humax Co Ltd | 1,289 | ||||||||
478,900 | e | Ibiden Co Ltd | 6,866 | |||||||
290,000 | Ichia Technologies, Inc | 135 | ||||||||
7,800 | Icom, Inc | 162 | ||||||||
200,476 | ICP Electronics, Inc | 238 | ||||||||
266,769 | * | IDEX ASA | 318 | |||||||
221,406 | * | II-VI, Inc | 4,109 |
164 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
13,810 | * | Iljin Materials Co Ltd | $ | 140 | ||||||
88,697 | *,e | Imation Corp | 122 | |||||||
67,389 | * | Immersion Corp | 786 | |||||||
375,712 | Inari Amertron BHD | 400 | ||||||||
1,442 | Inficon Holding AG. | 460 | ||||||||
329,386 | *,e | Infinera Corp | 5,968 | |||||||
54,865 | Ingenico | 6,925 | ||||||||
913,013 | Ingram Micro, Inc (Class A) | 27,737 | ||||||||
32,460,288 | InnoLux Display Corp | 9,757 | ||||||||
132,787 | * | Insight Enterprises, Inc | 3,336 | |||||||
108,400 | InterDigital, Inc | 5,316 | ||||||||
17,600 | * | Intevac, Inc | 83 | |||||||
194,788 | *,e | InvenSense, Inc | 1,993 | |||||||
4,443,349 | Inventec Co Ltd | 2,897 | ||||||||
96,366 | *,e | IPG Photonics Corp | 8,592 | |||||||
8,500 | e | Iriso Electronics Co Ltd | 478 | |||||||
57,100 | ITC Networks Corp | 538 | ||||||||
772,357 | ITEQ Corp | 518 | ||||||||
97,596 | *,e | Itron, Inc | 3,531 | |||||||
13,708 | Ituran Location and Control Ltd | 257 | ||||||||
359,213 | * | Ixia | 4,465 | |||||||
1,186,320 | Jabil Circuit, Inc | 27,629 | ||||||||
101,493 | Japan Aviation Electronics Industry Ltd | 1,456 | ||||||||
13,700 | e | Japan Cash Machine Co Ltd | 135 | |||||||
14,800 | Japan Digital Laboratory Co Ltd | 201 | ||||||||
996,400 | * | Japan Display, Inc | 2,871 | |||||||
165,535 | Japan Radio Co Ltd | 505 | ||||||||
1,433,600 | JCY International BHD | 284 | ||||||||
37,284 | Jenoptik AG. | 579 | ||||||||
3,677,125 | e | Ju Teng International Holdings Ltd | 1,744 | |||||||
3,151,902 | Juniper Networks, Inc | 86,992 | ||||||||
45,500 | e | Kaga Electronics Co Ltd | 679 | |||||||
31,000 | Kanematsu Electronics Ltd | 549 | ||||||||
12,763 | Kapsch TrafficCom AG. | 517 | ||||||||
254,100 | KCE Electronics PCL | 491 | ||||||||
23,503 | Keyence Corp | 12,917 | ||||||||
785,605 | * | Keysight Technologies, Inc | 22,256 | |||||||
112,940 | KH Vatec Co Ltd | 1,614 | ||||||||
70,695 | * | Kimball Electronics, Inc | 777 | |||||||
1,018,000 | Kingboard Chemical Holdings Ltd | 1,620 | ||||||||
919,500 | Kingboard Laminates Holdings Ltd | 415 | ||||||||
216,147 | *,e | Knowles Corp | 2,881 | |||||||
69,800 | e | Koa Corp | 592 | |||||||
13,060 | KONA I Co Ltd | 378 | ||||||||
509,709 | Konica Minolta Holdings, Inc | 5,105 | ||||||||
67,168 | Kudelski S.A. | 968 | ||||||||
43,520 | * | KVH Industries, Inc | 410 | |||||||
333,010 | Kyocera Corp | 15,465 | ||||||||
551,587 | Laird Group plc | 2,883 | ||||||||
119,892 | Largan Precision Co Ltd | 8,204 | ||||||||
7,423,323 | Lenovo Group Ltd | 7,492 | ||||||||
92,947 | e | Lexmark International, Inc (Class A) | 3,016 |
165 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
14,063 | LG Innotek Co Ltd | $ | 1,169 | |||||||
245,751 | LG.Philips LCD Co Ltd | 5,090 | ||||||||
2,208,361 | Lite-On Technology Corp | 2,130 | ||||||||
123,970 | Littelfuse, Inc | 13,266 | ||||||||
444,781 | e | Logitech International S.A. | 6,813 | |||||||
58,000 | Lotes Co Ltd | 215 | ||||||||
1,105,074 | * | Lumentum Holdings, Inc | 24,334 | |||||||
28,000 | * | Macnica Fuji Electronics Holdings, Inc | 371 | |||||||
145,000 | Marubun Corp | 1,152 | ||||||||
7,900 | Maruwa Co Ltd | 175 | ||||||||
34,600 | Melco Holdings, Inc | 636 | ||||||||
130,141 | * | Mercury Computer Systems, Inc | 2,389 | |||||||
161,076 | Merry Electronics Co Ltd | 285 | ||||||||
6,856 | e | Mesa Laboratories, Inc | 682 | |||||||
174,708 | Methode Electronics, Inc | 5,561 | ||||||||
390,194 | e | Micronic Laser Systems AB | 3,776 | |||||||
2,553,000 | Micro-Star International Co Ltd | 3,628 | ||||||||
176,000 | MIN AIK Technology Co Ltd | 303 | ||||||||
519,500 | Mitac Holdings Corp | 388 | ||||||||
571,100 | e | Mitsumi Electric Co Ltd | 3,234 | |||||||
259,029 | Motorola, Inc | 17,731 | ||||||||
37,724 | MTS Systems Corp | 2,392 | ||||||||
81,803 | * | Multi-Fineline Electronix, Inc | 1,692 | |||||||
429,236 | Murata Manufacturing Co Ltd | 61,759 | ||||||||
225,000 | Nan Ya Printed Circuit Board Corp | 228 | ||||||||
196,000 | Nanjing Panda Electronics | 191 | ||||||||
234,851 | National Instruments Corp | 6,738 | ||||||||
678,083 | *,e | NCR Corp | 16,586 | |||||||
1,682,382 | NEC Corp | 5,331 | ||||||||
30,161 | Neopost S.A. | 736 | ||||||||
820,770 | NetApp, Inc | 21,775 | ||||||||
171,231 | * | Netgear, Inc | 7,176 | |||||||
229,700 | * | Netscout Systems, Inc | 7,052 | |||||||
96,610 | * | Newport Corp | 1,533 | |||||||
246,826 | Nichicon Corp | 1,930 | ||||||||
123,739 | *,e | Nimble Storage, Inc | 1,138 | |||||||
13,300 | e | Nippon Ceramic Co Ltd | 211 | |||||||
128,000 | Nippon Chemi-Con Corp | 226 | ||||||||
353,141 | Nippon Electric Glass Co Ltd | 1,780 | ||||||||
209,300 | Nippon Signal Co Ltd | 2,279 | ||||||||
18,500 | Nohmi Bosai Ltd | 232 | ||||||||
4,530,842 | e | Nokia Corp | 31,807 | |||||||
9,894,275 | Nokia Oyj | 69,997 | ||||||||
96,694 | *,e | Novatel Wireless, Inc | 161 | |||||||
257,813 | *,e | Oclaro, Inc | 897 | |||||||
1,669,000 | Oki Electric Industry Co Ltd | 2,089 | ||||||||
576,956 | Omron Corp | 19,240 | ||||||||
987,919 | e | Opus Group AB | 728 | |||||||
77,808 | * | Orbotech Ltd | 1,722 | |||||||
108,253 | * | OSI Systems, Inc | 9,598 | |||||||
47,736 | Oxford Instruments plc | 538 | ||||||||
863,089 | m | Pace plc | 5,525 |
166 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
463,649 | * | Palo Alto Networks, Inc | $ | 81,667 | ||||||
352,224 | Pan-International Industrial | 138 | ||||||||
72,654 | Park Electrochemical Corp | 1,094 | ||||||||
15,545 | *,e | Parrot S.A. | 456 | |||||||
252,622 | Partron Co Ltd | 2,100 | ||||||||
4,676,000 | e | PAX Global Technology Ltd | 4,797 | |||||||
50,076 | * | PC Connection, Inc | 1,134 | |||||||
6,579,324 | Pegatron Technology Corp | 14,310 | ||||||||
135,021 | Plantronics, Inc | 6,403 | ||||||||
83,391 | * | Plexus Corp | 2,912 | |||||||
363,925 | * | Polycom, Inc | 4,582 | |||||||
39,578 | Posiflex Technology, Inc | 185 | ||||||||
936,465 | Premier Farnell plc | 1,353 | ||||||||
1,925,000 | Primax Electronics Ltd | 2,436 | ||||||||
799,000 | * | Prime View International Co Ltd | 378 | |||||||
65,133 | *,e | Pure Storage, Inc | 1,014 | |||||||
235,352 | * | QLogic Corp | 2,871 | |||||||
4,822,025 | Qualcomm, Inc | 241,029 | ||||||||
2,900,217 | Quanta Computer, Inc | 4,653 | ||||||||
555,544 | *,e | Quantum Corp | 517 | |||||||
31,710 | * | Radware Ltd | 486 | |||||||
117,526 | *,e | RealD, Inc | 1,240 | |||||||
508,930 | * | Redington India Ltd | 883 | |||||||
101,052 | Renishaw plc | 2,782 | ||||||||
289,711 | e | Ricoh Co Ltd | 2,983 | |||||||
9,879 | * | RICOH INDIA Ltd | 117 | |||||||
66,500 | Riso Kagaku Corp | 1,083 | ||||||||
2,461,000 | * | Ritek Corp | 216 | |||||||
69,490 | * | Rofin-Sinar Technologies, Inc | 1,861 | |||||||
47,451 | * | Rogers Corp | 2,447 | |||||||
8,100 | Roland DG Corp | 173 | ||||||||
190,518 | * | Ruckus Wireless, Inc | 2,040 | |||||||
87,200 | Ryosan Co Ltd | 2,238 | ||||||||
17,100 | Ryoyo Electro Corp | 196 | ||||||||
11,950 | Sam Young Electronics Co Ltd | 129 | ||||||||
120,881 | Samsung Electro-Mechanics Co Ltd | 6,423 | ||||||||
60,099 | Samsung SDI Co Ltd | 5,778 | ||||||||
316,555 | SanDisk Corp | 24,055 | ||||||||
717,965 | *,e | Sandvine Corp | 1,837 | |||||||
413,372 | * | Sanmina Corp | 8,507 | |||||||
90,742 | * | Scansource, Inc | 2,924 | |||||||
34,708 | e | Seagate Technology, Inc | 1,272 | |||||||
765,600 | Seiko Epson Corp | 11,790 | ||||||||
20,000 | Senao Networks, Inc | 129 | ||||||||
992,000 | Sercomm Corp | 2,607 | ||||||||
9,636 | SFA Engineering Corp | 404 | ||||||||
131,000 | * | Shanghai Potevio Co Ltd | 299 | |||||||
156,876 | Shimadzu Corp | 2,626 | ||||||||
667,065 | * | ShoreTel, Inc | 5,904 | |||||||
28,013 | *,e | Sierra Wireless, Inc | 441 | |||||||
36,300 | e | Siix Corp | 1,117 | |||||||
96,116 | *,e | Silicon Graphics International Corp | 567 |
167 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
293,342 | Simplo Technology Co Ltd | $ | 932 | |||||||
1,123,661 | Sinbon Electronics Co Ltd | 2,089 | ||||||||
4,886 | Sindoh Co Ltd | 208 | ||||||||
28,000 | Sirtec International Co Ltd | 34 | ||||||||
48,000 | SMK Corp | 237 | ||||||||
125,421 | *,e | Sonus Networks, Inc | 894 | |||||||
103,631 | Spectris plc | 2,750 | ||||||||
1,895 | Spigen Korea Co Ltd | 100 | ||||||||
759,983 | Spirent Communications plc | 801 | ||||||||
125,175 | *,e | Stratasys Ltd | 2,939 | |||||||
6,690,000 | *,e | Suncorp Technologies Ltd | 106 | |||||||
899,000 | e | Sunny Optical Technology Group Co Ltd | 2,050 | |||||||
92,001 | *,e | Super Micro Computer, Inc | 2,255 | |||||||
11,218 | *,m | Suprema, Inc | 155 | |||||||
315,286 | * | SVA Electron Co Ltd | 278 | |||||||
91,174 | * | Synaptics, Inc | 7,325 | |||||||
71,401 | e | SYNNEX Corp | 6,421 | |||||||
1,351,402 | Synnex Technology International Corp | 1,311 | ||||||||
21,900 | e | Tabuchi Electric Co Ltd | 136 | |||||||
1,030,972 | Taiflex Scientific Co Ltd | 1,186 | ||||||||
1,246,577 | Taiwan PCB Techvest Co Ltd | 1,234 | ||||||||
255,603 | Taiyo Yuden Co Ltd | 3,535 | ||||||||
1,637,000 | e | TCL Communication Technology Holdings Ltd | 1,200 | |||||||
126,690 | TDK Corp | 8,114 | ||||||||
402,253 | e | TE Connectivity Ltd | 25,990 | |||||||
155,588 | * | Tech Data Corp | 10,328 | |||||||
406,000 | * | Technovator International Ltd | 258 | |||||||
174,088 | *,e | Telit Communications plc | 548 | |||||||
645,095 | Test Research, Inc | 958 | ||||||||
350,773 | *,e | Thin Film Electronics ASA | 150 | |||||||
30,437 | * | Tobii AB | 241 | |||||||
100,000 | e | Toko, Inc | 315 | |||||||
136,625 | Tong Hsing Electronic Industries Ltd | 315 | ||||||||
46,460,000 | e | Tongda Group Holdings Ltd | 8,155 | |||||||
89,200 | e | Topcon Corp | 1,507 | |||||||
113,000 | e | Toshiba TEC Corp | 403 | |||||||
22,400 | Toyo Corp/Chuo-ku | 203 | ||||||||
278,000 | TPK Holding Co Ltd | 692 | ||||||||
1,940,000 | Tpv Technology Ltd | 254 | ||||||||
604,000 | Trigiant Group Ltd | 122 | ||||||||
431,462 | * | Trimble Navigation Ltd | 9,255 | |||||||
1,548,832 | Tripod Technology Corp | 2,631 | ||||||||
1,528,000 | e | Truly International Holdings | 365 | |||||||
22,800 | TSC Auto ID Technology Co Ltd | 221 | ||||||||
225,464 | TT electronics plc | 520 | ||||||||
361,133 | * | TTM Technologies, Inc | 2,351 | |||||||
274,039 | TXC Corp | 298 | ||||||||
77,219 | *,e | Ubiquiti Networks, Inc | 2,447 | |||||||
1,327,883 | Unimicron Technology Corp | 560 | ||||||||
1,491,937 | Unitech Printed Circuit Board Corp | 585 | ||||||||
265,783 | * | Universal Display Corp | 14,469 | |||||||
741,195 | Venture Corp Ltd | 4,281 |
168 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
106,443 | *,e | Viasat, Inc | $ | 6,494 | ||||||
2,172,442 | * | Viavi Solutions, Inc | 13,230 | |||||||
242,249 | *,e | Violin Memory, Inc | 218 | |||||||
341,446 | e | Vishay Intertechnology, Inc | 4,114 | |||||||
48,132 | * | Vishay Precision Group, Inc | 545 | |||||||
731,500 | VS Industry Bhd | 267 | ||||||||
2,056,800 | VST Holdings Ltd | 556 | ||||||||
141,900 | e | Vtech Holdings Ltd | 1,469 | |||||||
124,800 | e | Wacom Co Ltd | 497 | |||||||
1,359,000 | Wah Lee Industrial Corp | 1,836 | ||||||||
379,395 | Walsin Technology Corp | 227 | ||||||||
526,000 | Wasion Group Holdings Ltd | 544 | ||||||||
1,005,463 | Western Digital Corp | 60,378 | ||||||||
144,765 | Wincor Nixdorf AG. | 7,258 | ||||||||
190,500 | *,b,m | Wintek Corp | 0 | ^ | ||||||
2,625,758 | Wistron Corp | 1,473 | ||||||||
1,500,108 | Wistron NeWeb Corp | 3,955 | ||||||||
1,381,872 | WPG Holdings Co Ltd | 1,312 | ||||||||
1,372,570 | WT Microelectronics Co Ltd | 1,472 | ||||||||
156,473 | Xaar plc | 969 | ||||||||
15,750 | *,m | Ya Hsin Industrial Co Ltd | 0 | |||||||
1,468,000 | Yageo Corp | 2,355 | ||||||||
55,393 | Yamatake Corp | 1,419 | ||||||||
528,000 | e,g | Yangtze Optical Fibre and Cable Joint Stock Ltd | 638 | |||||||
72,538 | Yaskawa Electric Corp | 987 | ||||||||
360,184 | Yokogawa Electric Corp | 4,332 | ||||||||
388,000 | * | Yunbo Digital Synergy Group Ltd | 115 | |||||||
235,191 | * | Zebra Technologies Corp (Class A) | 16,381 | |||||||
2,167,507 | Zhen Ding Technology Holding Ltd | 4,942 | ||||||||
293,000 | Zinwell Corp | 451 | ||||||||
938,298 | ZTE Corp | 2,130 | ||||||||
TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 5,299,738 | |||||||||
TELECOMMUNICATION SERVICES - 2.8% | ||||||||||
9,086 | 012 Smile.Communications Ltd | 230 | ||||||||
238,133 | * | 8x8, Inc | 2,727 | |||||||
1,799,804 | Advanced Info Service PCL (Foreign) | 7,573 | ||||||||
443,451 | AFK Sistema (GDR) | 2,611 | ||||||||
4,406,686 | *,e | Alibaba Health Information Technology Ltd | 3,029 | |||||||
42,571,989 | America Movil S.A. de C.V. (Series L) | 29,938 | ||||||||
378,250 | APT Satellite Holdings Ltd | 304 | ||||||||
2,383,000 | * | Asia Pacific Telecom Co Ltd | 841 | |||||||
15,267,277 | AT&T, Inc | 525,347 | ||||||||
30,971 | Atlantic Tele-Network, Inc | 2,423 | ||||||||
109,459 | *,e | Avanti Communications Group plc | 276 | |||||||
717,600 | *,e | Axtel SAB de C.V. | 362 | |||||||
1,077,547 | e | BCE, Inc | 41,632 | |||||||
299,129 | Belgacom S.A. | 9,734 | ||||||||
11,504,448 | Bezeq Israeli Telecommunication Corp Ltd | 25,325 | ||||||||
2,014,438 | Bharti Airtel Ltd | 10,322 | ||||||||
1,692,295 | * | Bharti Infratel Ltd | 10,918 | |||||||
93,602 | *,e | Boingo Wireless, Inc | 620 |
169 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
9,795,308 | BT Group plc | $ | 68,014 | |||||||
2,466,701 | Cable & Wireless plc | 2,699 | ||||||||
52,414 | * | Cellcom Israel Ltd | 326 | |||||||
399,606 | g | Cellnex Telecom SAU | 7,471 | |||||||
1,705,558 | CenturyTel, Inc | 42,912 | ||||||||
6,287,774 | China Communications Services Corp Ltd | 2,352 | ||||||||
11,748,890 | China Mobile Hong Kong Ltd | 132,247 | ||||||||
17,017,618 | China Telecom Corp Ltd | 7,938 | ||||||||
7,479,220 | China Unicom Ltd | 9,035 | ||||||||
344,250 | *,e | Chorus Ltd | 919 | |||||||
6,953,396 | Chunghwa Telecom Co Ltd | 20,947 | ||||||||
1,073,373 | * | Cincinnati Bell, Inc | 3,864 | |||||||
3,691,000 | e | Citic 1616 Holdings Ltd | 1,406 | |||||||
115,413 | e | Cogent Communications Group, Inc | 4,004 | |||||||
116,655 | Com Hem Holding AB | 1,057 | ||||||||
130,442 | e | Consolidated Communications Holdings, Inc | 2,733 | |||||||
5,619,165 | Deutsche Telekom AG. | 100,924 | ||||||||
3,966,269 | Digi.Com BHD | 4,980 | ||||||||
169,428 | e | Drillisch AG. | 7,128 | |||||||
307,458 | Elisa Oyj (Series A) | 11,568 | ||||||||
2,814,354 | Emirates Telecommunications Group Co PJSC | 12,336 | ||||||||
122,656 | Empresa Nacional de Telecomunicaciones S.A. | 1,098 | ||||||||
65,939 | *,g | Euskaltel S.A. | 830 | |||||||
53,387 | *,e | Fairpoint Communications, Inc | 858 | |||||||
1,771,696 | Far EasTone Telecommunications Co Ltd | 3,641 | ||||||||
2,579,232 | France Telecom S.A. | 43,139 | ||||||||
396,066 | Freenet AG. | 13,365 | ||||||||
2,728,040 | e | Frontier Communications Corp | 12,740 | |||||||
87,575 | * | General Communication, Inc (Class A) | 1,732 | |||||||
1,166,077 | *,e | Globalstar, Inc | 1,679 | |||||||
83,770 | Globe Telecom, Inc | 3,291 | ||||||||
44,634 | *,e | Hawaiian Telcom Holdco, Inc | 1,110 | |||||||
401,245 | Hellenic Telecommunications Organization S.A. | 4,016 | ||||||||
2,105,000 | * | HKBN Ltd | 2,709 | |||||||
2,480,127 | HKT Trust and HKT Ltd | 3,168 | ||||||||
5,388,651 | e | Hutchison Telecommunications Hong Kong Holdings Ltd | 1,865 | |||||||
1,662,686 | Idea Cellular Ltd | 3,598 | ||||||||
86,272 | IDT Corp (Class B) | 1,006 | ||||||||
27,391 | Iliad S.A. | 6,529 | ||||||||
159,172 | *,e | inContact, Inc | 1,518 | |||||||
208,441 | *,g | Infrastrutture Wireless Italiane S.p.A | 1,137 | |||||||
510,238 | Inmarsat plc | 8,554 | ||||||||
187,425 | Inteliquent, Inc | 3,331 | ||||||||
183,433 | *,e | Intelsat S.A. | 763 | |||||||
209,224 | *,e | Iridium Communications, Inc | 1,760 | |||||||
104,100 | *,e | Japan Communications, Inc | 232 | |||||||
3,161,600 | Jasmine International PCL | 284 | ||||||||
1,126,772 | Kcom Group plc | 1,919 | ||||||||
1,624,500 | KDDI Corp | 42,189 | ||||||||
31,478 | * | KT Corp | 754 | |||||||
257,812 | *,e,m | Let’s GOWEX S.A. | 3 | |||||||
2,266,458 | * | Level 3 Communications, Inc | 123,205 |
170 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
226,588 | LG Telecom Ltd | $ | 2,001 | |||||||
60,728 | Lumos Networks Corp | 680 | ||||||||
135,386 | e | M2 Telecommunications Group Ltd | 1,121 | |||||||
1,242,410 | * | Magyar Telekom | 1,738 | |||||||
86,580 | e | Manitoba Telecom Services, Inc | 1,863 | |||||||
1,990,749 | Maxis BHD | 3,145 | ||||||||
107,262 | MegaFon OAO (GDR) | 1,248 | ||||||||
458,466 | * | Midas S.A. | 76 | |||||||
42,522 | e | Millicom International Cellular S.A. | 2,440 | |||||||
926,489 | Mobile TeleSystems (ADR) | 5,726 | ||||||||
325,409 | MobileOne Ltd | 623 | ||||||||
26,061 | * | Mobistar S.A. | 632 | |||||||
1,970,926 | MTN Group Ltd | 16,978 | ||||||||
616,463 | Netia S.A. | 849 | ||||||||
1,641,400 | Nippon Telegraph & Telephone Corp | 65,325 | ||||||||
44,363 | * | NTELOS Holdings Corp | 405 | |||||||
2,889,551 | NTT DoCoMo, Inc | 59,269 | ||||||||
163,900 | * | Oi S.A. (Preference) | 80 | |||||||
141,142 | * | Ooredoo QSC | 2,906 | |||||||
3,157,144 | * | Orascom Telecom Holding SAE | 839 | |||||||
2,379,939 | * | Orascom Telecom Media And Technology Holding SAE | 216 | |||||||
148,663 | * | Orbcomm, Inc | 1,076 | |||||||
75,335 | * | Partner Communications | 333 | |||||||
9,322,932 | PCCW Ltd | 5,450 | ||||||||
31,821 | *,e | pdvWireless, Inc | 875 | |||||||
181,561 | Philippine Long Distance Telephone Co | 7,937 | ||||||||
509,139 | *,e | Portugal Telecom SGPS S.A. | 150 | |||||||
2,593,890 | * | PT Excelcomindo Pratama | 683 | |||||||
2,600,000 | * | PT Indosat Tbk | 1,034 | |||||||
1,025,700 | * | PT Link Net Tbk | 295 | |||||||
123,063,924 | PT Telekomunikasi Indonesia Persero Tbk | 27,563 | ||||||||
83,086 | e | QSC AG. | 136 | |||||||
1,235,931 | * | Reliance Communication Ventures Ltd | 1,644 | |||||||
962,643 | Rogers Communications, Inc (Class B) | 33,199 | ||||||||
157,573 | Rostelecom (ADR) | 1,171 | ||||||||
2,686,622 | Royal KPN NV | 10,162 | ||||||||
23,300 | Samart Telcoms PCL | 9 | ||||||||
435,875 | * | SBA Communications Corp (Class A) | 45,797 | |||||||
73,083 | Shenandoah Telecom Co | 3,146 | ||||||||
17,231,516 | Singapore Telecommunications Ltd | 44,427 | ||||||||
10,376 | SK Telecom Co Ltd | 1,899 | ||||||||
1,517,188 | SmarTone Telecommunications Holding Ltd | 2,296 | ||||||||
1,359,958 | Softbank Corp | 68,638 | ||||||||
53,508 | Spok Holdings, Inc | 980 | ||||||||
1,260,968 | *,e | Sprint Corp | 4,565 | |||||||
658,524 | StarHub Ltd | 1,714 | ||||||||
22,399 | *,e | Straight Path Communications, Inc | 384 | |||||||
29,394 | *,g | Sunrise Communications Group AG. | 1,733 | |||||||
12,002 | Swisscom AG. | 6,006 | ||||||||
1,846,754 | Taiwan Mobile Co Ltd | 5,608 | ||||||||
1,411,130 | e | TalkTalk Telecom Group plc | 4,523 | |||||||
110,132 | Tata Communications Ltd | 724 |
171 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
921,197 | TDC AS | $ | 4,587 | |||||||
183,965 | Tele2 AB | 1,835 | ||||||||
3,421,995 | Telecom Corp of New Zealand Ltd | 7,705 | ||||||||
8,458,487 | Telecom Italia RSP | 8,681 | ||||||||
7,124,394 | *,e | Telecom Italia S.p.A. | 9,029 | |||||||
1,082,702 | * | Telefonica Brasil S.A. | 9,740 | |||||||
513,016 | Telefonica Deutschland Holding AG. | 2,706 | ||||||||
37,006 | Telefonica O2 Czech Republic AS | 374 | ||||||||
5,181,520 | * | Telefonica S.A. | 57,483 | |||||||
1,248,986 | Telekom Malaysia BHD | 1,968 | ||||||||
715,482 | Telekomunikacja Polska S.A. | 1,196 | ||||||||
1,704,517 | Telenor ASA | 28,412 | ||||||||
1,384,002 | Telephone & Data Systems, Inc | 35,832 | ||||||||
1,722,504 | *,e | Telesites SAB | 1,120 | |||||||
2,910,392 | TeliaSonera AB | 14,453 | ||||||||
814,125 | Telkom S.A. Ltd | 3,382 | ||||||||
8,496,072 | Telstra Corp Ltd | 34,525 | ||||||||
300,334 | TELUS Corp | 8,304 | ||||||||
318,700 | Thaicom PCL | 256 | ||||||||
2,007,868 | Tim Participacoes S.A. | 3,463 | ||||||||
651,320 | Time dotCom BHD | 1,153 | ||||||||
3,002,750 | TM International BHD | 4,475 | ||||||||
4,039,978 | * | T-Mobile US, Inc | 158,044 | |||||||
1,679,900 | * | Tower Bersama Infrastructure | 711 | |||||||
950,237 | TPG Telecom Ltd | 6,803 | ||||||||
8,912,153 | * | True Corp PCL | 1,649 | |||||||
425,533 | Turk Telekomunikasyon AS | 796 | ||||||||
1,002,555 | Turkcell Iletisim Hizmet AS | 3,398 | ||||||||
31,451 | * | US Cellular Corp | 1,283 | |||||||
13,274,973 | Verizon Communications, Inc | 613,569 | ||||||||
131,847 | Verizon Communications, Inc (New) | 6,129 | ||||||||
219,485 | e | Vocus Communications Ltd | 1,197 | |||||||
422,508 | Vodacom Group Pty Ltd | 4,164 | ||||||||
53,237,945 | Vodafone Group plc | 172,638 | ||||||||
462,986 | Vodafone Group plc (ADR) | 14,936 | ||||||||
887,248 | * | Vodafone Qatar | 3,082 | |||||||
1,323,418 | * | Vonage Holdings Corp | 7,596 | |||||||
300,123 | e | Windstream Holdings, Inc | 1,933 | |||||||
260,816 | * | Zayo Group Holdings, Inc | 6,935 | |||||||
TOTAL TELECOMMUNICATION SERVICES | 3,108,954 | |||||||||
TRANSPORTATION - 2.4% | ||||||||||
679,293 | e | Abertis Infraestructuras S.A. (Continuous) | 10,624 | |||||||
42,698 | Aegean Airlines S.A. | 316 | ||||||||
86,288 | *,g | Aena S.A. | 9,881 | |||||||
91,205 | Aeroports de Paris | 10,613 | ||||||||
3,467,435 | * | Air Arabia PJSC | 1,279 | |||||||
122,203 | * | Air Canada | 902 | |||||||
2,399,807 | Air China Ltd | 1,882 | ||||||||
996,623 | *,e | Air France-KLM | 7,587 | |||||||
1,910,823 | Air New Zealand Ltd | 3,854 | ||||||||
248,394 | * | Air Transport Services Group, Inc | 2,504 |
172 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
4,181,780 | AirAsia BHD | $ | 1,251 | |||||||
2,310,025 | * | AirAsia X BHD | 96 | |||||||
1,290,800 | Airports of Thailand PCL (Foreign) | 12,341 | ||||||||
11,463 | * | AJ Rent A Car Co Ltd | 116 | |||||||
718,578 | Alaska Air Group, Inc | 57,853 | ||||||||
1,216,567 | All Nippon Airways Co Ltd | 3,510 | ||||||||
23,726 | *,m | Allcargo Global Logistics Ltd | 72 | |||||||
23,726 | Allcargo Logistics Ltd | 72 | ||||||||
48,647 | e | Allegiant Travel Co | 8,164 | |||||||
42,386 | Amerco, Inc | 16,509 | ||||||||
2,205,947 | American Airlines Group, Inc | 93,422 | ||||||||
634,771 | *,b,m | AMR Corp (Escrow) | 6 | |||||||
1,284,000 | e | Anhui Expressway Co | 1,088 | |||||||
104,220 | Ansaldo STS S.p.A. | 1,118 | ||||||||
10,727 | AP Moller - Maersk AS (Class A) | 13,813 | ||||||||
20,240 | AP Moller - Maersk AS (Class B) | 26,399 | ||||||||
1,898,718 | * | Aramex PJSC | 1,623 | |||||||
210,122 | Arkansas Best Corp | 4,495 | ||||||||
66,400 | Arteris S.A. | 162 | ||||||||
514,359 | Asciano Group | 3,270 | ||||||||
20,571,700 | Asia Aviation PCL (ADR) | 2,984 | ||||||||
98,394 | * | Asiana Airlines | 387 | |||||||
129,010 | * | Atlas Air Worldwide Holdings, Inc | 5,333 | |||||||
1,592,833 | Auckland International Airport Ltd | 6,249 | ||||||||
95,079 | Autostrada Torino-Milano S.p.A. | 1,193 | ||||||||
645,787 | Autostrade S.p.A. | 17,087 | ||||||||
928,295 | Avianca Holdings S.A. | 496 | ||||||||
589,480 | * | Avis Budget Group, Inc | 21,392 | |||||||
648,200 | Bangkok Airways Co Ltd | 415 | ||||||||
113,750 | Bangkok Aviation Fuel Services PCL | 92 | ||||||||
11,674,841 | *,m | Bangkok Expressway & Metro PCL | 1,383 | |||||||
897,713 | BBA Aviation plc | 2,505 | ||||||||
1,849,803 | Beijing Capital International Airport Co Ltd | 1,987 | ||||||||
8,387 | * | Blue Dart Express Ltd | 855 | |||||||
794,158 | Bollore | 3,700 | ||||||||
289,852 | bpost S.A. | 7,112 | ||||||||
6,206,200 | BTS Group Holdings PCL (Foreign) | 1,566 | ||||||||
1,166,556 | Canadian National Railway Co | 65,211 | ||||||||
59,000 | Canadian Pacific Railway Ltd | 7,528 | ||||||||
356,798 | Canadian Pacific Railway Ltd (Toronto) | 45,571 | ||||||||
878,000 | *,e | CAR, Inc | 1,447 | |||||||
2,154,830 | e | Cathay Pacific Airways Ltd | 3,708 | |||||||
536,050 | Cebu Air, Inc | 938 | ||||||||
183,462 | e | Celadon Group, Inc | 1,814 | |||||||
246,572 | Central Japan Railway Co | 43,775 | ||||||||
287,309 | CH Robinson Worldwide, Inc | 17,819 | ||||||||
2,161,715 | * | China Airlines | 788 | |||||||
1,508,260 | China Merchants Holdings International Co Ltd | 4,770 | ||||||||
886,900 | China Merchants Holdings Pacific Ltd | 546 | ||||||||
4,734,187 | *,e | China Shipping Container Lines Co Ltd | 1,309 | |||||||
2,257,500 | China Southern Airlines Co Ltd | 1,740 | ||||||||
983,695 | Cia de Concessoes Rodoviarias | 3,108 |
173 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
132,276 | Cia de Distribucion Integral Logista Holdings SAU | $ | 2,789 | |||||||
2,118,010 | e | ComfortDelgro Corp Ltd | 4,535 | |||||||
10,532,554 | * | Compania SudAmericana de Vapores S.A. | 203 | |||||||
90,074 | Container Corp Of India Ltd | 1,785 | ||||||||
451,000 | *,e | Controladora Vuela Cia de Aviacion SAB de C.V. | 773 | |||||||
131,882 | * | Controladora Vuela Cia de Aviacion SAB de C.V. (ADR) | 2,263 | |||||||
75,484 | e | Copa Holdings S.A. (Class A) | 3,643 | |||||||
3,230,336 | *,e | COSCO Holdings | 1,459 | |||||||
1,980,000 | e | Cosco International Holdings Ltd | 1,048 | |||||||
4,942,104 | COSCO Pacific Ltd | 5,433 | ||||||||
226,871 | Costamare, Inc | 2,364 | ||||||||
49,258 | *,e | Covenant Transportation Group, Inc | 931 | |||||||
2,483,890 | CSX Corp | 64,457 | ||||||||
155,275 | CTT-Correios de Portugal S.A. | 1,492 | ||||||||
263,500 | e | CWT Ltd | 356 | |||||||
20,229 | *,e | D/S Norden | 359 | |||||||
453,672 | Dart Group plc | 3,936 | ||||||||
474,450 | Dazhong Transportation Group Co Ltd | 605 | ||||||||
4,182,267 | Delta Air Lines, Inc | 211,999 | ||||||||
525,603 | * | Deutsche Lufthansa AG. | 8,279 | |||||||
2,274,295 | Deutsche Post AG. | 63,584 | ||||||||
96,758 | Dfds A.S. | 3,756 | ||||||||
428,230 | DP World Ltd | 8,687 | ||||||||
468,006 | DSV AS | 18,422 | ||||||||
282,514 | DX Group plc | 82 | ||||||||
45,161 | *,e | Eagle Bulk Shipping, Inc | 159 | |||||||
512,969 | East Japan Railway Co | 48,304 | ||||||||
2,191,710 | easyJet plc | 56,211 | ||||||||
175,750 | *,e | Echo Global Logistics, Inc | 3,584 | |||||||
216,900 | EcoRodovias Infraestrutura e Logistica S.A. | 278 | ||||||||
72,700 | *,e | eHi Car Services Ltd (ADR) | 915 | |||||||
68,270 | *,g | Europcar Groupe S.A. | 900 | |||||||
4,607,076 | * | Eva Airways Corp | 2,602 | |||||||
462,000 | Evergreen International Storage & Transport Corp | 194 | ||||||||
1,524,165 | Evergreen Marine Corp Tawain Ltd | 613 | ||||||||
204,445 | Expeditors International of Washington, Inc | 9,220 | ||||||||
904,228 | e | FedEx Corp | 134,721 | |||||||
1,048,130 | * | Firstgroup plc | 1,656 | |||||||
19,878 | Flughafen Wien AG. | 1,886 | ||||||||
3,939 | Flughafen Zuerich AG. | 2,955 | ||||||||
77,785 | Forward Air Corp | 3,346 | ||||||||
57,762 | Fraport AG. Frankfurt Airport Services Worldwide | 3,684 | ||||||||
297,129 | Freightways Ltd | 1,259 | ||||||||
361,000 | e | Fukuyama Transporting Co Ltd | 1,792 | |||||||
111,674 | Gateway Distriparks Ltd | 545 | ||||||||
117,391 | * | Genesee & Wyoming, Inc (Class A) | 6,303 | |||||||
22,538 | GLOVIS Co Ltd | 3,672 | ||||||||
100,050 | Go-Ahead Group plc | 3,937 | ||||||||
102,106 | * | Gol Linhas Aereas Inteligentes S.A. | 65 | |||||||
62,450 | *,e | Golden Ocean Group Ltd | 67 | |||||||
65,582 | *,e | Golden Ocean Group Ltd (Oslo) | 70 | |||||||
535,721 | e | Grindrod Ltd | 391 |
174 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
861,756 | Groupe Eurotunnel S.A. | $ | 10,721 | |||||||
405,700 | *,e | Grupo Aeromexico SAB de C.V. | 925 | |||||||
545,300 | Grupo Aeroportuario del Centro Norte Sab de C.V. | 2,645 | ||||||||
898,591 | e | Grupo Aeroportuario del Pacifico S.A. de C.V. (B Shares) | 7,928 | |||||||
371,293 | Grupo Aeroportuario del Sureste S.A. de C.V. (Class B) | 5,254 | ||||||||
347,660 | Guangdong Provincial Expressway Development Co Ltd | 189 | ||||||||
663,000 | Guangdong Yueyun Transportation Co Ltd | 497 | ||||||||
198,958 | * | Gujarat Pipavav Port Ltd | 423 | |||||||
1,299,804 | * | GVK Power & Infrastructure Ltd | 159 | |||||||
134,000 | Hainan Meilan International Airport Co Ltd | 169 | ||||||||
21,495 | Hamburger Hafen und Logistik AG. | 328 | ||||||||
75,269 | Hanjin Kal Corp | 1,243 | ||||||||
532,674 | * | Hanjin Shipping Co Ltd | 1,639 | |||||||
8,296 | Hanjin Transportation Co Ltd | 325 | ||||||||
697,532 | Hankyu Hanshin Holdings, Inc | 4,534 | ||||||||
203,171 | * | Hawaiian Holdings, Inc | 7,178 | |||||||
128,615 | e | Heartland Express, Inc | 2,189 | |||||||
2,714,943 | * | Hertz Global Holdings, Inc | 38,634 | |||||||
169,600 | Hitachi Transport System Ltd | 2,958 | ||||||||
2,623,304 | e | Hopewell Highway Infrastructure Ltd | 1,265 | |||||||
240,855 | * | Hub Group, Inc (Class A) | 7,936 | |||||||
7,224,153 | Hutchison Port Holdings Trust | 3,817 | ||||||||
91,255 | * | Hyundai Merchant Marine Co Ltd | 319 | |||||||
1,939 | * | ID Logistics Group | 271 | |||||||
72,357 | e | Iino Kaiun Kaisha Ltd | 299 | |||||||
4,549 | * | Integer.pl S.A. | 96 | |||||||
1,481,286 | International Consolidated Airlines Group S.A. | 13,277 | ||||||||
3,131,249 | International Consolidated Airlines Group S.A. (London) | 28,153 | ||||||||
1,596,297 | International Container Term Services, Inc | 2,378 | ||||||||
582,425 | Irish Continental Group plc | 3,427 | ||||||||
69,349 | J.B. Hunt Transport Services, Inc | 5,087 | ||||||||
567,631 | Japan Airlines Co Ltd | 20,317 | ||||||||
32,600 | e | Japan Airport Terminal Co Ltd | 1,443 | |||||||
25,060 | * | Jet Airways India Ltd | 266 | |||||||
1,614,969 | * | JetBlue Airways Corp | 36,579 | |||||||
3,440,123 | Jiangsu Express | 4,617 | ||||||||
204,710 | Jinzhou Port Co Ltd | 131 | ||||||||
62,200 | Julio Simoes Logistica S.A. | 113 | ||||||||
608,587 | Kamigumi Co Ltd | 5,240 | ||||||||
1,035,158 | Kansas City Southern Industries, Inc | 77,295 | ||||||||
2,625,400 | Kawasaki Kisen Kaisha Ltd | 5,620 | ||||||||
398,338 | Keihin Electric Express Railway Co Ltd | 3,292 | ||||||||
483,586 | Keio Corp | 4,176 | ||||||||
67,322 | Keisei Electric Railway Co Ltd | 859 | ||||||||
896,547 | Kerry Logistics Network Ltd | 1,304 | ||||||||
1,460,179 | Kintetsu Corp | 5,937 | ||||||||
31,300 | Kintetsu World Express, Inc | 551 | ||||||||
112,958 | * | Kirby Corp | 5,944 | |||||||
159,407 | e | Knight Transportation, Inc | 3,862 | |||||||
60,600 | Konoike Transport Co Ltd | 801 | ||||||||
7,391 | * | Korea Express Co Ltd | 1,197 | |||||||
12,104 | * | Korea Line Corp | 195 |
175 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
37,331 | * | Korean Air Lines Co Ltd | $ | 876 | ||||||
181,487 | Kuehne & Nagel International AG. | 24,864 | ||||||||
325,736 | * | Lan Airlines S.A. | 1,707 | |||||||
117,020 | Landstar System, Inc | 6,863 | ||||||||
160,543 | Localiza Rent A Car | 1,002 | ||||||||
3,818 | Logistec Corp | 105 | ||||||||
500,878 | Macquarie Atlas Roads Group | 1,476 | ||||||||
133,641 | Macquarie Infrastructure Co LLC | 9,702 | ||||||||
1,925,408 | Malaysia Airports Holdings BHD | 2,508 | ||||||||
60,399 | Marten Transport Ltd | 1,069 | ||||||||
100,000 | Maruzen Showa Unyu Co Ltd | 357 | ||||||||
230,939 | Matson, Inc | 9,845 | ||||||||
4,078,444 | MISC BHD | 8,867 | ||||||||
29,349 | Mitsubishi Logistics Corp | 387 | ||||||||
698,812 | Mitsui OSK Lines Ltd | 1,763 | ||||||||
86,610 | Mitsui-Soko Co Ltd | 245 | ||||||||
2,196,564 | MTR Corp | 10,846 | ||||||||
2,011,147 | * | Mundra Port and Special Economic Zone Ltd | 7,907 | |||||||
680,055 | Nagoya Railroad Co Ltd | 2,830 | ||||||||
241,100 | Namyong Terminal PCL | 106 | ||||||||
731,000 | Nankai Electric Railway Co Ltd | 4,326 | ||||||||
904,429 | National Express Group plc | 4,437 | ||||||||
213,910 | e | Navios Maritime Holdings, Inc | 374 | |||||||
1,600,000 | *,e | Neptune Orient Lines Ltd | 1,382 | |||||||
198,261 | Nippon Express Co Ltd | 932 | ||||||||
135,400 | Nippon Konpo Unyu Soko Co Ltd | 2,699 | ||||||||
1,406,084 | Nippon Yusen Kabushiki Kaisha | 3,408 | ||||||||
293,000 | Nishi-Nippon Railroad Co Ltd | 1,722 | ||||||||
180,000 | Nissin Corp | 517 | ||||||||
1,000,163 | Norfolk Southern Corp | 84,604 | ||||||||
307,676 | Northgate plc | 1,782 | ||||||||
23,188 | *,e | Norwegian Air Shuttle AS | 842 | |||||||
154,037 | Odakyu Electric Railway Co Ltd | 1,659 | ||||||||
92,207 | Oesterreichische Post AG. | 3,366 | ||||||||
2,629,711 | *,e | OHL Mexico SAB de CV | 2,753 | |||||||
150,262 | * | Old Dominion Freight Line | 8,876 | |||||||
250,000 | Orient Overseas International Ltd | 1,197 | ||||||||
1,537,290 | Pacific Basin Shipping Ltd | 336 | ||||||||
8,973 | * | PAM Transportation Services, Inc | 248 | |||||||
11,749 | e | Panalpina Welttransport Holding AG. | 1,312 | |||||||
21,369 | Park-Ohio Holdings Corp | 786 | ||||||||
43,832 | * | Pegasus Hava Tasimaciligi AS. | 264 | |||||||
7,222 | Piraeus Port Authority | 109 | ||||||||
56,828 | PKP Cargo S.A. | 984 | ||||||||
743,600 | Pos Malaysia & Services Holdings BHD | 481 | ||||||||
511,950 | * | Precious Shipping PCL | 79 | |||||||
12,753,500 | *,m | PT Berlian Laju Tanker Tbk | 0 | ^ | ||||||
2,293,402 | PT Jasa Marga Tbk | 863 | ||||||||
9,186,875 | Qantas Airways Ltd | 27,231 | ||||||||
2,250,694 | QR National Ltd | 7,145 | ||||||||
644,218 | e | Qube Logistics Holdings Ltd | 1,118 | |||||||
109,646 | * | Radiant Logistics, Inc | 376 |
176 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
915,049 | Redde plc | $ | 2,779 | |||||||
109,196 | *,e | Republic Airways Holdings, Inc | 429 | |||||||
72,263 | * | Roadrunner Transportation Services Holdings, Inc | 681 | |||||||
1,510,477 | Royal Mail plc | 9,893 | ||||||||
134,444 | * | Rumo Logistica Operadora Multimodal S.A. | 211 | |||||||
3,088 | * | Ryanair Holdings plc | 50 | |||||||
379,705 | Ryanair Holdings plc (ADR) | 32,829 | ||||||||
509,456 | Ryder System, Inc | 28,952 | ||||||||
86,413 | Safe Bulkers, Inc | 70 | ||||||||
387,000 | Sagami Railway Co Ltd | 2,252 | ||||||||
62,123 | * | Saia, Inc | 1,382 | |||||||
96 | *,m | SAir Group | 0 | |||||||
9,200 | e | Sakai Moving Service Co Ltd | 250 | |||||||
660,000 | Sankyu, Inc | 3,367 | ||||||||
104,500 | Santos Brasil Participacoes S.A. | 333 | ||||||||
113,548 | *,e | SAS AB | 327 | |||||||
70,492 | *,e | Scorpio Bulkers, Inc | 697 | |||||||
76,790 | e | Seaspan Corp | 1,214 | |||||||
9,531 | Sebang Co Ltd | 137 | ||||||||
434,800 | Seino Holdings Corp | 4,524 | ||||||||
90,000 | e | Senko Co Ltd | 607 | |||||||
877,800 | Shandong Airlines Co Ltd | 2,811 | ||||||||
1,062,300 | Shanghai Jinjiang International Investment Holdings Co | 2,512 | ||||||||
71,200 | Shenzhen Chiwan Petroleum | 182 | ||||||||
353,820 | Shenzhen Chiwan Wharf Holdings Ltd | 712 | ||||||||
662,000 | Shenzhen Expressway Co Ltd | 583 | ||||||||
1,110,691 | Shenzhen International Holdings Ltd | 2,044 | ||||||||
104,000 | e | Shinwa Kaiun Kaisha Ltd | 185 | |||||||
90,819 | * | Shipping Corp of India Ltd | 127 | |||||||
3,733,097 | Shun TAK Holdings Ltd | 1,401 | ||||||||
3,118,000 | e | Sichuan Expressway Co Ltd | 1,108 | |||||||
292,000 | Sincere Navigation | 179 | ||||||||
205,649 | Singapore Airlines Ltd | 1,620 | ||||||||
2,209,100 | Singapore Airport Terminal Services Ltd | 5,975 | ||||||||
1,489,119 | e | Singapore Post Ltd | 1,719 | |||||||
2,514,000 | Sinotrans Ltd | 1,338 | ||||||||
3,649,000 | e | Sinotrans Shipping Ltd | 716 | |||||||
1,160,000 | SITC International Co Ltd | 613 | ||||||||
13,820 | Sixt AG. | 703 | ||||||||
43,522 | Sixt AG. (Preference) | 1,787 | ||||||||
303,473 | Skywest, Inc | 5,772 | ||||||||
661,700 | e | SMRT Corp Ltd | 701 | |||||||
67,369 | Societa Iniziative Autostradali e Servizi S.p.A. | 716 | ||||||||
2,438,046 | Southwest Airlines Co | 104,982 | ||||||||
225,087 | *,e | Spirit Airlines, Inc | 8,970 | |||||||
1,254,586 | Stagecoach Group plc | 5,482 | ||||||||
46,873 | Stolt-Nielsen S.A. | 558 | ||||||||
82,034 | e | Student Transportation, Inc | 304 | |||||||
116,767 | Sumitomo Warehouse Co Ltd | 618 | ||||||||
216,837 | *,e | Swift Transportation Co, Inc | 2,997 | |||||||
1,950,425 | Sydney Airport | 8,976 |
177 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
287,000 | T.Join Transportation Co | $ | 338 | |||||||
157,007 | TAV Havalimanlari Holding AS | 979 | ||||||||
911,100 | * | Thai Airways International PCL-Foreign | 231 | |||||||
690,935 | Thoresen Thai Agencies PCL | 148 | ||||||||
5,442,000 | Tianjin Port Development Holdings Ltd | 902 | ||||||||
1,122,600 | * | Tiger Airways Holdings Ltd | 324 | |||||||
159,691 | TNT Express NV | 1,351 | ||||||||
383,505 | * | TNT NV | 1,455 | |||||||
800,033 | Tobu Railway Co Ltd | 3,946 | ||||||||
1,691,935 | Tokyu Corp | 13,370 | ||||||||
6,100 | Trancom Co Ltd | 339 | ||||||||
449,695 | TransForce, Inc | 7,673 | ||||||||
84,502 | *,e,m | Transurban Group | 641 | |||||||
1,615,511 | Transurban Group (ASE) | 12,246 | ||||||||
166,060 | Trencor Ltd | 478 | ||||||||
4,440,139 | * | Turk Hava Yollari | 11,231 | |||||||
416,000 | U-Ming Marine Transport Corp | 335 | ||||||||
4,152,763 | Union Pacific Corp | 324,746 | ||||||||
1,422,201 | * | United Continental Holdings, Inc | 81,492 | |||||||
1,637,854 | United Parcel Service, Inc (Class B) | 157,611 | ||||||||
29,348 | e | Universal Truckload Services, Inc | 412 | |||||||
43,871 | * | USA Truck, Inc | 766 | |||||||
238,106 | * | UTI Worldwide, Inc | 1,674 | |||||||
83,018 | *,e | Virgin America, Inc | 2,989 | |||||||
726,675 | * | Virgin Australia Holdings Ltd | 240 | |||||||
67,336 | *,m | Virgin Australia Int Holdings | 0 | ^ | ||||||
21,075 | * | VRL Logistics Ltd | 132 | |||||||
33,634 | VTG AG. | 1,033 | ||||||||
113,514 | Werner Enterprises, Inc | 2,655 | ||||||||
184,195 | * | Wesco Aircraft Holdings, Inc | 2,205 | |||||||
469,787 | West Japan Railway Co | 32,473 | ||||||||
824,300 | Westports Holdings BHD | 789 | ||||||||
197,759 | e | Westshore Terminals Investment Corp | 1,665 | |||||||
132,508 | Wilh. Wilhelmsen ASA | 528 | ||||||||
782,787 | Wisdom Marine Lines Co Ltd | 861 | ||||||||
32,600 | *,g | Wizz Air Holdings plc | 877 | |||||||
4,450,000 | Xiamen International Port Co Ltd | 1,079 | ||||||||
179,340 | *,e | XPO Logistics, Inc | 4,887 | |||||||
1,119,666 | Yamato Transport Co Ltd | 23,724 | ||||||||
1,460,000 | * | Yang Ming Marine Transport | 383 | |||||||
221,995 | * | YRC Worldwide, Inc | 3,148 | |||||||
1,114,000 | e | Yuexiu Transport Infrastructure Ltd | 696 | |||||||
48,900 | Yusen Air & Sea Service Co Ltd | 653 | ||||||||
5,442,819 | Zhejiang Expressway Co Ltd | 6,503 | ||||||||
TOTAL TRANSPORTATION | 2,833,317 | |||||||||
UTILITIES - 3.0% | ||||||||||
1,224,423 | A2A S.p.A. | 1,658 | ||||||||
167,965 | e | Abengoa Yield plc | 3,240 | |||||||
1,676,376 | Aboitiz Power Corp | 1,486 | ||||||||
77,222 | e | Acciona S.A. | 6,613 | |||||||
166,091 | ACEA S.p.A. | 2,554 |
178 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
330,703 | e | Actelios S.p.A. | $ | 396 | ||||||
700,491 | * | Adani Power Ltd | 340 | |||||||
246,630 | * | Adani Transmissions Ltd | 138 | |||||||
1,200,763 | e | AES Corp | 11,491 | |||||||
2,375,560 | AES Gener S.A. | 1,054 | ||||||||
45,000 | AES Tiete S.A. | 164 | ||||||||
348,364 | *,m | AET&D Holdings No 1 Ptd Ltd | 0 | |||||||
775,345 | e | AGL Energy Ltd | 10,146 | |||||||
92,215 | AGL Resources, Inc | 5,884 | ||||||||
2,969,999 | Aguas Andinas S.A. | 1,524 | ||||||||
275,162 | * | Akenerji Elektrik Uretim AS | 90 | |||||||
170,379 | * | Aksa Enerji Uretim AS | 148 | |||||||
242,895 | e | Algonquin Power & Utilities Corp | 1,915 | |||||||
177,415 | Allete, Inc | 9,018 | ||||||||
158,813 | Alliant Energy Corp | 9,918 | ||||||||
175,400 | Alupar Investimento S.A. | 582 | ||||||||
20,696 | * | Amata VN PCL | 5 | |||||||
851,665 | Ameren Corp | 36,817 | ||||||||
2,943,401 | American Electric Power Co, Inc | 171,512 | ||||||||
159,273 | American States Water Co | 6,682 | ||||||||
835,801 | American Water Works Co, Inc | 49,939 | ||||||||
1,469,826 | APA Group | 9,249 | ||||||||
224,824 | e | Aqua America, Inc | 6,700 | |||||||
29,355 | e | Artesian Resources Corp | 813 | |||||||
134,343 | Ascopiave S.p.A. | 319 | ||||||||
111,357 | e | Atco Ltd | 2,873 | |||||||
38,529 | Athens Water Supply & Sewage Co S.A. | 209 | ||||||||
321,631 | e | Atlantic Power Corp | 634 | |||||||
244,927 | e | Atlantic Power Corp (Toronto) | 485 | |||||||
249,557 | Atmos Energy Corp | 15,732 | ||||||||
2,340,508 | AusNet Services | 2,520 | ||||||||
93,334 | * | Avangrid, Inc | 3,584 | |||||||
219,862 | Avista Corp | 7,777 | ||||||||
59,382 | Aygaz AS | 206 | ||||||||
218,827 | Banca Mediolanum S.p.A | 1,738 | ||||||||
8,895,011 | e | Beijing Enterprises Water Group Ltd | 6,204 | |||||||
16,138,900 | Benpres Holdings Corp | 2,263 | ||||||||
404,800 | Binhai Investment Co Ltd | 127 | ||||||||
38,816 | BKW S.A. | 1,470 | ||||||||
207,499 | e | Black Hills Corp | 9,634 | |||||||
30,771 | Boralex, Inc | 322 | ||||||||
261,309 | California Water Service Group | 6,081 | ||||||||
895,809 | * | Calpine Corp | 12,962 | |||||||
110,963 | Canadian Utilities Ltd | 2,561 | ||||||||
531,000 | *,e | Canvest Environment Protection Group Co Ltd | 230 | |||||||
141,318 | e | Capital Power Corp | 1,815 | |||||||
1,194,507 | Centerpoint Energy, Inc | 21,931 | ||||||||
269,579 | Centrais Eletricas Brasileiras S.A. (Preference) | 708 | ||||||||
8,518,570 | Centrica plc | 27,353 | ||||||||
114,953 | * | CESC Ltd | 889 | |||||||
283,087 | CEZ AS | 5,049 | ||||||||
2,000,000 | *,e | CGN New Energy Holdings Co Ltd | 436 |
179 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
11,332,052 | g | CGN Power Co Ltd | $ | 4,219 | ||||||
161,865 | *,m | Chennai Super Kings Cricket Ltd | 6 | |||||||
49,178 | Chesapeake Utilities Corp | 2,791 | ||||||||
804,344 | e | Cheung Kong Infrastructure Holdings Ltd | 7,431 | |||||||
2,692,000 | *,e | China Datang Corp Renewable Power Co Ltd | 335 | |||||||
10,069,825 | China Gas Holdings Ltd | 14,469 | ||||||||
4,161,813 | China Longyuan Power Group Corp | 3,130 | ||||||||
5,008,000 | *,e | China Oil and Gas Group Ltd | 341 | |||||||
13,383,000 | China Power International Development Ltd | 7,704 | ||||||||
14,380,000 | e | China Power New Energy Development Co Ltd | 1,400 | |||||||
1,168,668 | China Resources Gas Group Ltd | 3,483 | ||||||||
5,964,547 | e | China Resources Power Holdings Co | 11,540 | |||||||
870,000 | China Water Affairs Group Ltd | 416 | ||||||||
1,148,000 | *,e | China Water Industry Group Ltd | 241 | |||||||
1,225,639 | Chubu Electric Power Co, Inc | 16,784 | ||||||||
242,352 | Chugoku Electric Power Co, Inc | 3,200 | ||||||||
404,970 | Cia de Saneamento Basico do Estado de Sao Paulo | 1,929 | ||||||||
60,265 | Cia de Saneamento de Minas Gerais-COPASA | 236 | ||||||||
2,468,762 | Cia Energetica de Minas Gerais | 3,806 | ||||||||
226,787 | Cia Energetica de Sao Paulo (Class B) | 765 | ||||||||
10,604 | Cia Energetica do Ceara | 96 | ||||||||
425,571 | Cia Paranaense de Energia | 2,599 | ||||||||
2,073,100 | CK Power PCL | 114 | ||||||||
179,418 | Cleco Corp | 9,367 | ||||||||
3,481,859 | CLP Holdings Ltd | 29,512 | ||||||||
2,501,794 | CMS Energy Corp | 90,265 | ||||||||
8,966,320 | Colbun S.A. | 2,141 | ||||||||
37,892 | e | Connecticut Water Service, Inc | 1,440 | |||||||
337,418 | e | Consolidated Edison, Inc | 21,686 | |||||||
29,058 | e | Consolidated Water Co, Inc | 356 | |||||||
1,401,818 | Contact Energy Ltd | 4,537 | ||||||||
228,243 | * | CPFL Energia S.A. | 873 | |||||||
2,556,000 | e | CT Environmental Group Ltd | 833 | |||||||
3,539,087 | Datang International Power Generation Co Ltd | 1,071 | ||||||||
1,735,276 | Dominion Resources, Inc | 117,374 | ||||||||
1,582,829 | e | Drax Group plc | 5,699 | |||||||
458,916 | DTE Energy Co | 36,800 | ||||||||
2,564,401 | DUET Group (ASE Exchange) | 4,247 | ||||||||
2,846,002 | Duke Energy Corp | 203,176 | ||||||||
305,563 | * | Dynegy, Inc | 4,095 | |||||||
1,294,278 | * | E.CL SA | 1,773 | |||||||
2,071,774 | E.ON AG. | 19,893 | ||||||||
7,672 | E1 Corp | 401 | ||||||||
493,600 | Eastern Water Resources Development and Management PCL | 159 | ||||||||
1,282,813 | Edison International | 75,955 | ||||||||
1,262,720 | EDP - Energias do Brasil S.A. | 3,831 | ||||||||
187,278 | El Paso Electric Co | 7,210 | ||||||||
159,600 | Electric Power Development Co | 5,684 | ||||||||
522,301 | Electricite de France | 7,692 | ||||||||
93,500 | * | Eletropaulo Metropolitana de Sao Paulo S.A. | 198 | |||||||
35,987 | Elia System Operator S.A. | 1,673 |
180 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
139,769 | Empire District Electric Co | $ | 3,923 | |||||||
3,997,901 | Empresa Nacional de Electricidad S.A. | 4,957 | ||||||||
299,069 | e | Enagas | 8,436 | |||||||
1,674,644 | Endesa S.A. | 33,643 | ||||||||
215,321 | Enea S.A. | 618 | ||||||||
574,171 | Enel Green Power S.p.A | 1,167 | ||||||||
9,428,005 | Enel S.p.A. | 39,534 | ||||||||
619,726 | Energa S.A. | 1,995 | ||||||||
5,762,641 | Energias de Portugal S.A. | 20,765 | ||||||||
612,936 | *,e | Energy World Corp Ltd | 103 | |||||||
34,116,194 | Enersis S.A. | 8,237 | ||||||||
1,369,695 | ENN Energy Holdings Ltd | 7,266 | ||||||||
507,237 | Entergy Corp | 34,675 | ||||||||
684,100 | Equatorial Energia S.A. | 5,917 | ||||||||
50,000 | e | eRex Co Ltd | 820 | |||||||
481,659 | ERM Power Ltd | 549 | ||||||||
524,959 | Eversource Energy | 26,810 | ||||||||
31,245 | EVN AG. | 357 | ||||||||
2,567,606 | Exelon Corp | 71,302 | ||||||||
206,260 | Federal Grid Co Unified Energy System JSC (ADR) | 74 | ||||||||
168,797 | Ferroglobe plc | 1,815 | ||||||||
3,281,600 | First Gen Corp | 1,575 | ||||||||
611,050 | First Philippine Holdings Corp | 844 | ||||||||
1,425,978 | FirstEnergy Corp | 45,246 | ||||||||
423,045 | Fortis, Inc | 11,438 | ||||||||
831,654 | Fortum Oyj | 12,530 | ||||||||
534,395 | GAIL India Ltd | 3,022 | ||||||||
698,000 | Gas Malaysia BHD | 390 | ||||||||
128,105 | Gas Natural SDG S.A. | 2,612 | ||||||||
1,624,946 | Gaz de France | 28,783 | ||||||||
1,391,846 | e | Genesis Energy Ltd | 1,835 | |||||||
32,680 | e | Genie Energy Ltd | 364 | |||||||
400,800 | Global Power Synergy Co Ltd | 246 | ||||||||
1,113,043 | Glow Energy PCL (Foreign) | 2,273 | ||||||||
132,037 | Great Plains Energy, Inc | 3,606 | ||||||||
3,654,143 | Guangdong Investments Ltd | 5,160 | ||||||||
66,991 | * | Gujarat Gas Co Ltd | 626 | |||||||
135,465 | Gujarat State Petronet Ltd | 279 | ||||||||
10,304 | Hanjin Heavy Industries & Construction Holdings Co Ltd | 53 | ||||||||
132,671 | Hawaiian Electric Industries, Inc | 3,841 | ||||||||
1,266,717 | Hera S.p.A. | 3,357 | ||||||||
3,155,500 | e,g | HK Electric Investments & HK Electric Investments Ltd | 2,644 | |||||||
229,700 | * | Hokkaido Electric Power Co, Inc | 2,360 | |||||||
242,842 | Hokuriku Electric Power Co | 3,589 | ||||||||
6,204,593 | Hong Kong & China Gas Ltd | 12,143 | ||||||||
1,665,319 | Hong Kong Electric Holdings Ltd | 15,267 | ||||||||
467,930 | * | Huadian Energy Co Ltd | 279 | |||||||
500,000 | Huadian Fuxin Energy Corp Ltd | 142 | ||||||||
3,706,000 | Huadian Power International Co | 2,398 | ||||||||
7,185,066 | Huaneng Power International, Inc | 6,153 | ||||||||
4,958,000 | Huaneng Renewables Corp Ltd | 1,471 | ||||||||
461,700 | e | Hyflux Ltd | 183 |
181 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
9,345,116 | Iberdrola S.A. | $ | 66,247 | |||||||
127,858 | Idacorp, Inc | 8,694 | ||||||||
71,572 | * | Indiabulls Infrastructure and Power Ltd | 4 | |||||||
64,967 | * | Indraprastha Gas Ltd | 517 | |||||||
214,600 | e | Infraestructura Energetica ,NV SAB de C.V. | 901 | |||||||
2,091,674 | e | Infratil Ltd | 4,675 | |||||||
88,164 | e | Innergex Renewable Energy, Inc | 722 | |||||||
1,027,900 | Inter Far East Energy Corp | 184 | ||||||||
372,363 | Interconexion Electrica S.A. | 866 | ||||||||
1,035,726 | Inversiones Aguas Metropolitanas S.A. | 1,462 | ||||||||
915,813 | Iride S.p.A. | 1,478 | ||||||||
183,579 | ITC Holdings Corp | 7,205 | ||||||||
385,001 | e | Just Energy Income Fund | 2,749 | |||||||
12,100 | K&O Energy Group, Inc | 172 | ||||||||
700,000 | *,e,g | Kangda International Environmental Co Ltd | 169 | |||||||
828,115 | * | Kansai Electric Power Co, Inc | 9,929 | |||||||
16,779 | * | Kenon Holdings Ltd | 170 | |||||||
224,921 | Keppel Infrastructure Trust | 81 | ||||||||
11,826 | Korea District Heating Corp | 578 | ||||||||
557,127 | Korea Electric Power Corp | 23,604 | ||||||||
69,524 | Korea Gas Corp | 2,169 | ||||||||
4,128 | KyungDong City Gas Co Ltd | 314 | ||||||||
382,277 | * | Kyushu Electric Power Co, Inc | 4,166 | |||||||
132,047 | Laclede Group, Inc | 7,845 | ||||||||
383,000 | Light S.A. | 956 | ||||||||
2,844,400 | Malakoff Corp BHD | 1,057 | ||||||||
1,845,000 | Manila Water Co, Inc | 972 | ||||||||
567,253 | MDU Resources Group, Inc | 10,392 | ||||||||
3,455,107 | *,e | Meridian Energy Ltd | 5,635 | |||||||
84,108 | e | MGE Energy, Inc | 3,903 | |||||||
56,191 | e | Middlesex Water Co | 1,491 | |||||||
523,692 | Mighty River Power Ltd | 994 | ||||||||
105,934 | e | National Fuel Gas Co | 4,529 | |||||||
5,851,240 | National Grid plc | 80,698 | ||||||||
216,128 | New Jersey Resources Corp | 7,124 | ||||||||
2,714,668 | NextEra Energy, Inc | 282,027 | ||||||||
704,980 | NiSource, Inc | 13,754 | ||||||||
110,547 | e | Northland Power Income Fund | 1,491 | |||||||
70,488 | Northwest Natural Gas Co | 3,567 | ||||||||
119,659 | NorthWestern Corp | 6,492 | ||||||||
1,243,335 | NRG Energy, Inc | 14,634 | ||||||||
179,787 | e | NRG Yield, Inc (Class A) | 2,501 | |||||||
154,967 | e | NRG Yield, Inc (Class C) | 2,287 | |||||||
2,511,980 | NTPC Ltd | 5,539 | ||||||||
590,490 | OGE Energy Corp | 15,524 | ||||||||
235,400 | Okinawa Electric Power Co, Inc | 6,109 | ||||||||
129,088 | ONE Gas, Inc | 6,476 | ||||||||
90,737 | e | Ormat Technologies, Inc | 3,309 | |||||||
2,446,188 | Osaka Gas Co Ltd | 8,835 | ||||||||
92,081 | Otter Tail Corp | 2,452 | ||||||||
153,809 | * | Pampa Energia S.A. (ADR) | 3,161 |
182 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
182,661 | e | Pattern Energy Group, Inc | $ | 3,819 | ||||||
378,488 | Pennon Group plc | 4,802 | ||||||||
251,244 | Pepco Holdings, Inc | 6,535 | ||||||||
2,002,600 | Petronas Gas BHD | 10,593 | ||||||||
1,857,031 | PG&E Corp | 98,775 | ||||||||
200,088 | Piedmont Natural Gas Co, Inc | 11,409 | ||||||||
524,440 | Pinnacle West Capital Corp | 33,816 | ||||||||
355,340 | PNM Resources, Inc | 10,863 | ||||||||
11,579,208 | PNOC Energy Development Corp | 1,521 | ||||||||
1,454,076 | Polska Grupa Energetyczna S.A. | 4,714 | ||||||||
221,981 | Portland General Electric Co | 8,073 | ||||||||
2,525,758 | PPL Corp | 86,204 | ||||||||
16,690,887 | PT Perusahaan Gas Negara Persero Tbk | 3,291 | ||||||||
1,228,867 | * | PTC India Ltd | 1,235 | |||||||
73,356 | Public Power Corp | 308 | ||||||||
1,285,252 | Public Service Enterprise Group, Inc | 49,726 | ||||||||
142,800 | Puncak Niaga Holding BHD | 48 | ||||||||
33,125 | * | Qatar Electricity & Water Co | 1,969 | |||||||
173,745 | Questar Corp | 3,385 | ||||||||
26,022 | Red Electrica de Espana | 2,174 | ||||||||
734,477 | Redes Energeticas Nacionais S.A. | 2,219 | ||||||||
419,530 | * | Reliance Energy Ltd | 3,434 | |||||||
86,387 | * | Rosseti PJSC (ADR) | 104 | |||||||
35,471 | e | Rubis | 2,692 | |||||||
1,426,566 | e | RusHydro PJSC (ADR) | 1,364 | |||||||
937,932 | RWE AG. | 11,825 | ||||||||
1,212,499 | Saeta Yield S.A. | 11,315 | ||||||||
8,265 | Samchully Co Ltd | 720 | ||||||||
489,400 | * | Scan Inter PCL | 97 | |||||||
190,883 | e | SCANA Corp | 11,547 | |||||||
36,664 | g | Scatec Solar ASA | 161 | |||||||
437,312 | Scottish & Southern Energy plc | 9,819 | ||||||||
15,648 | e | Sechilienne-Sidec | 254 | |||||||
1,332,916 | Sempra Energy | 125,307 | ||||||||
188,368 | Severn Trent plc | 6,021 | ||||||||
207,100 | * | Shenzhen Nanshan Power Co Ltd | 162 | |||||||
141,584 | Shikoku Electric Power Co, Inc | 2,212 | ||||||||
110,500 | Shizuoka Gas Co Ltd | 703 | ||||||||
1,269,580 | *,e | SIIC Environment Holdings Ltd | 684 | |||||||
38,662 | SJW Corp | 1,146 | ||||||||
2,483,712 | Snam Rete Gas S.p.A. | 12,962 | ||||||||
703,000 | *,e,m | Sound Global Ltd | 1 | |||||||
341,343 | South Jersey Industries, Inc | 8,028 | ||||||||
700,585 | Southern Co | 32,780 | ||||||||
206,375 | Southwest Gas Corp | 11,384 | ||||||||
12,574 | e | Spark Energy, Inc | 261 | |||||||
1,976,510 | Spark Infrastructure Group | 2,749 | ||||||||
462,900 | SPCG PCL | 274 | ||||||||
1,154,419 | Suez Environnement S.A. | 21,591 | ||||||||
382,720 | e | Superior Plus Corp | 2,976 | |||||||
331,450 | Taiwan Cogeneration Corp | 233 | ||||||||
252,314 | * | Talen Energy Corp | 1,572 |
183 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
342,300 | Taliworks Corp BHD | $ | 118 | |||||||
1,597,172 | Tata Power Co Ltd | 1,631 | ||||||||
2,087,576 | Tauron Polska Energia S.A. | 1,529 | ||||||||
262,835 | TECO Energy, Inc | 7,005 | ||||||||
106,660 | e | Telecom Plus plc | 1,686 | |||||||
5,172,065 | Tenaga Nasional BHD | 16,014 | ||||||||
46,011 | Terna Energy S.A. | 123 | ||||||||
1,701,540 | Terna Rete Elettrica Nazionale S.p.A. | 8,751 | ||||||||
100,310 | e | TerraForm Global, Inc | 561 | |||||||
102,331 | e | TerraForm Power, Inc | 1,287 | |||||||
702,400 | * | Thai Solar Energy PCL | 74 | |||||||
1,334,400 | Thai Tap Water Supply PCL | 392 | ||||||||
1,818,000 | Tianjin Development Hldgs Ltd | 1,096 | ||||||||
564,007 | Toho Gas Co Ltd | 3,643 | ||||||||
1,220,075 | Tohoku Electric Power Co, Inc | 15,253 | ||||||||
2,182,119 | * | Tokyo Electric Power Co, Inc | 12,565 | |||||||
3,133,813 | Tokyo Gas Co Ltd | 14,725 | ||||||||
226,593 | Torrent Power Ltd | 591 | ||||||||
1,098,000 | e | Towngas China Co Ltd | 636 | |||||||
176,319 | Tractebel Energia S.A. | 1,487 | ||||||||
258,928 | TransAlta Corp | 919 | ||||||||
201,332 | e | TransAlta Renewables, Inc | 1,509 | |||||||
105,721 | Transmissora Alianca de Energia Eletrica S.A. | 447 | ||||||||
628,072 | UGI Corp | 21,204 | ||||||||
456,640 | United Utilities Group plc | 6,288 | ||||||||
38,947 | Unitil Corp | 1,397 | ||||||||
36,464 | VA Tech Wabag Ltd | 377 | ||||||||
96,828 | e | Valener, Inc | 1,260 | |||||||
25,000 | e | Vanguard FTSE Developed Markets ETF | 918 | |||||||
279,979 | Vectren Corp | 11,877 | ||||||||
1,110,983 | Veolia Environnement | 26,359 | ||||||||
53,745 | *,e | Vivint Solar, Inc | 514 | |||||||
2,008,560 | VPC Specialty Lending Investments plc | 2,798 | ||||||||
396,497 | WEC Energy Group, Inc | 20,344 | ||||||||
894,188 | Westar Energy, Inc | 37,923 | ||||||||
122,266 | WGL Holdings, Inc | 7,702 | ||||||||
4,038,321 | Xcel Energy, Inc | 145,016 | ||||||||
5,489 | YESCO Co Ltd | 171 | ||||||||
34,229 | e | York Water Co | 854 | |||||||
8,769,486 | YTL Corp BHD | 3,200 | ||||||||
4,168,864 | YTL Power International BHD | 1,434 | ||||||||
227,981 | * | Zorlu Enerji Elektrik Uretim AS | 130 | |||||||
TOTAL UTILITIES | 3,331,311 | |||||||||
TOTAL COMMON STOCKS | 112,395,129 | |||||||||
(Cost $108,846,892) | ||||||||||
PREFERRED STOCKS - 0.0% | ||||||||||
BANKS - 0.0% | ||||||||||
7,168,865 | ITAUSA Investimentos Itau PR | 12,388 | ||||||||
TOTAL BANKS | 12,388 |
184 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
CAPITAL GOODS - 0.0% | ||||||||||
26,923 | Villeroy & Boch AG | $ | 358 | |||||||
TOTAL CAPITAL GOODS | 358 | |||||||||
DIVERSIFIED FINANCIALS - 0.0% | ||||||||||
300,000 | Daishin Securities Co Ltd Pref 2 | 1,751 | ||||||||
TOTAL DIVERSIFIED FINANCIALS | 1,751 | |||||||||
REAL ESTATE - 0.0% | ||||||||||
8,497,223 | *,m | Ayala Land, Inc (Preferred B) | 18 | |||||||
TOTAL REAL ESTATE | 18 | |||||||||
TOTAL PREFERRED STOCKS | 14,515 | |||||||||
(Cost $29,263) | ||||||||||
RIGHTS / WARRANTS - 0.0% | ||||||||||
BANKS - 0.0% | ||||||||||
44,643 | m | Banco Bradesco S.A. | 13 | |||||||
152,860 | m | Banco Bradesco S.A. | 75 | |||||||
998,963 | m | Unione di Banche Italiane S.p.A | 0 | |||||||
TOTAL BANKS | 88 | |||||||||
CAPITAL GOODS - 0.0% | ||||||||||
5,727 | Airport City Ltd | 19 | ||||||||
92,833 | Matrix Concepts Holdings BHD | 9 | ||||||||
30,914 | m | PDG Realty S.A. Empreendimentos e Participacoes | 0 | ^ | ||||||
TOTAL CAPITAL GOODS | 28 | |||||||||
COMMERCIAL & PROFESSIONAL SERVICES - 0.0% | ||||||||||
99,108 | m | Samsung Engineering Co Ltd | 525 | |||||||
48,026 | WCT Holdings BHD | 2 | ||||||||
TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 527 | |||||||||
CONSUMER SERVICES - 0.0% | ||||||||||
167,219 | Minor International PCL | 25 | ||||||||
TOTAL CONSUMER SERVICES | 25 | |||||||||
DIVERSIFIED FINANCIALS - 0.0% | ||||||||||
52,603 | BNK Financial Group, Inc | 60 | ||||||||
19,460 | Tamburi Investment Partners S.p.A | 9 | ||||||||
TOTAL DIVERSIFIED FINANCIALS | 69 | |||||||||
ENERGY - 0.0% | ||||||||||
64,082 | e,m | Magnum Hunter Resources Corp | 0 | |||||||
681,099 | Repsol S.A. | 340 | ||||||||
TOTAL ENERGY | 340 | |||||||||
FOOD & STAPLES RETAILING - 0.0% | ||||||||||
135,947 | m | Safeway Casa Ley | 12 | |||||||
135,947 | m | Safeway PDC LLC | 12 | |||||||
TOTAL FOOD & STAPLES RETAILING | 24 | |||||||||
HEALTH CARE EQUIPMENT & SERVICES - 0.0% | ||||||||||
190,191 | Community Health Systems, Inc | 2 | ||||||||
TOTAL HEALTH CARE EQUIPMENT & SERVICES | 2 |
185 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
MATERIALS - 0.0% | ||||||||||
295,553 | e | ArcelorMittal South Africa Ltd | $ | 0 | ^ | |||||
TOTAL MATERIALS | 0 | ^ | ||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0% | ||||||||||
2,121 | e | BioTime, Inc | 2 | |||||||
503,196 | Faes Farma S.A. | 46 | ||||||||
55,620 | m | Forest Laboratories, Inc CVR | 53 | |||||||
21,958 | m | Furiex Pharmaceuticals, Inc | 0 | |||||||
17,790 | e,m | Omthera Pharmaceuticals, Inc | 11 | |||||||
228,016 | e,m | Trius Therapeutics, Inc | 30 | |||||||
TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 142 | |||||||||
REAL ESTATE - 0.0% | ||||||||||
24,314 | m | Ascendas Real Estate Investment Trust | 1 | |||||||
4,761,352 | m | BGP Holdings plc | 0 | |||||||
145 | Sansiri PCL | 0 | ^ | |||||||
TOTAL REAL ESTATE | 1 | |||||||||
SOFTWARE & SERVICES - 0.0% | ||||||||||
141,205 | m | Gerber Scientific, Inc | 0 | |||||||
TOTAL SOFTWARE & SERVICES | 0 | |||||||||
TECHNOLOGY HARDWARE & EQUIPMENT - 0.0% | ||||||||||
3,650,250 | m | GCL New Energy Holdings Ltd | 1 | |||||||
11,387 | m | Parrot S.A. | 0 | ^ | ||||||
11,387 | m | Parrot S.A. | 0 | |||||||
182,875 | m | VS Industry Bhd | 0 | |||||||
TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 1 | |||||||||
TELECOMMUNICATION SERVICES - 0.0% | ||||||||||
51,955 | m | Jay Mart PCL | 0 | |||||||
196,024 | m | Leap Wireless International, Inc | 494 | |||||||
TOTAL TELECOMMUNICATION SERVICES | 494 | |||||||||
TRANSPORTATION - 0.0% | ||||||||||
2 | Thoresen Thai Agencies PCL | 0 | ^ | |||||||
TOTAL TRANSPORTATION | 0 | ^ | ||||||||
UTILITIES - 0.0% | ||||||||||
2,441,569 | m | GCL-Poly Energy Holdings Ltd | 10 | |||||||
48,306 | Rumo Logistica Operadora Multimodal S.A. | 2 | ||||||||
TOTAL UTILITIES | 12 | |||||||||
TOTAL RIGHTS / WARRANTS | 1,753 | |||||||||
(Cost $1,737) |
186 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
SHORT-TERM INVESTMENTS - 4.5% | ||||||||||||||||
GOVERNMENT AGENCY DEBT - 0.4% | ||||||||||||||||
$ | 100,000,000 | d | Federal Home Loan Bank (FHLB) | 0.240 | % | 01/05/16 | $ | 100,000 | ||||||||
13,000,000 | FHLB | 0.105 | 01/08/16 | 13,000 | ||||||||||||
2,000,000 | FHLB | 0.130 | 01/11/16 | 2,000 | ||||||||||||
50,000,000 | FHLB | 0.250 | 01/14/16 | 49,998 | ||||||||||||
37,000,000 | d | FHLB | 0.170-0.210 | 01/25/16 | 36,997 | |||||||||||
40,000,000 | d | FHLB | 0.250 | 01/26/16 | 39,996 | |||||||||||
24,150,000 | FHLB | 0.240 | 01/28/16 | 24,147 | ||||||||||||
40,000,000 | FHLB | 0.276 | 02/29/16 | 39,984 | ||||||||||||
34,000,000 | FHLB | 0.280 | 03/18/16 | 33,979 | ||||||||||||
33,000,000 | Federal Home Loan Mortgage Corp (FHLMC) | 0.391 | 05/04/16 | 32,953 | ||||||||||||
40,300,000 | Federal National Mortgage Association (FNMA) | 0.180 | 01/04/16 | 40,300 | ||||||||||||
5,000,000 | FNMA | 0.612 | 06/08/16 | 4,990 | ||||||||||||
TOTAL GOVERNMENT AGENCY DEBT | 418,344 | |||||||||||||||
TREASURY DEBT - 0.2% | ||||||||||||||||
5,000,000 | United States Treasury Bill | 0.115 | 01/14/16 | 5,000 | ||||||||||||
60,000,000 | United States Treasury Bill | 0.398 | 06/09/16 | 59,882 | ||||||||||||
50,000,000 | d | United States Treasury Bill | 0.121 | 06/23/16 | 49,889 | |||||||||||
50,000,000 | d | United States Treasury Note | 0.250 | 04/15/16 | 49,990 | |||||||||||
TOTAL TREASURY DEBT | 164,761 | |||||||||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED - 3.9% | ||||||||||||||||
CERTIFICATE OF DEPOSIT - 0.5% | ||||||||||||||||
200,000,000 | Bank of Montreal | 0.100 | 01/04/16 | 200,000 | ||||||||||||
200,000,000 | CIBC Bank and Trust Company | 0.150 | 01/04/16 | 200,000 | ||||||||||||
200,000,000 | National Australia Bank Ltd | 0.120 | 01/04/16 | 200,000 | ||||||||||||
TOTAL CERTIFICATE OF DEPOSIT | 600,000 | |||||||||||||||
COMMERCIAL PAPER - 0.3% | ||||||||||||||||
300,000,000 | United States Treasury Bill | 0.064-0.074 | 01/14/16 | 299,992 | ||||||||||||
TOTAL COMMERCIAL PAPER | 299,992 | |||||||||||||||
REPURCHASE AGREEMENT - 3.0% | ||||||||||||||||
265,000,000 | o | Barclays | 0.270 | 01/04/16 | 265,000 | |||||||||||
50,000,000 | p | Barclays | 0.270 | 01/05/16 | 50,000 | |||||||||||
477,000,000 | q | Calyon | 0.330 | 01/04/16 | 477,000 | |||||||||||
191,000,000 | r | Calyon | 0.350 | 01/04/16 | 191,000 | |||||||||||
100,000,000 | s | Citigroup | 0.310 | 01/04/16 | 100,000 | |||||||||||
200,000,000 | t | Citigroup | 0.320 | 01/04/16 | 200,000 | |||||||||||
76,000,000 | u | Deutsche Bank | 0.350 | 01/04/16 | 76,000 | |||||||||||
100,000,000 | v | Deutsche Bank | 0.370 | 01/07/16 | 100,000 | |||||||||||
100,000,000 | w | Goldman Sachs | 0.260 | 01/04/16 | 100,000 | |||||||||||
100,000,000 | x | Goldman Sachs | 0.270 | 01/04/16 | 100,000 | |||||||||||
150,000,000 | y | Goldman Sachs | 0.260 | 01/05/16 | 150,000 | |||||||||||
500,000,000 | z | Goldman Sachs | 0.300 | 01/07/16 | 500,000 | |||||||||||
50,000,000 | aa | Merrill Lynch | 0.290 | 01/04/16 | 50,000 | |||||||||||
450,000,000 | ab | Nomura | 0.340 | 01/04/16 | 450,000 | |||||||||||
43,000,000 | ac | Royal Bank of Scotland | 0.290 | 01/04/16 | 43,000 | |||||||||||
545,000,000 | ad | Royal Bank of Scotland | 0.290 | 01/05/16 | 545,000 | |||||||||||
TOTAL REPURCHASE AGREEMENT | 3,397,000 |
187 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
VARIABLE RATE SECURITIES - 0.1% | ||||||||||||||||
$ | 156,995,107 | i | SLM Student Loan Trust 2007 | 0.118 | % | 01/25/19 | $ | 155,781 | ||||||||
TOTAL VARIABLE RATE SECURITIES | 155,781 | |||||||||||||||
TOTAL INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | 4,452,773 | |||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | 5,035,878 | |||||||||||||||
(Cost $5,036,951) | ||||||||||||||||
TOTAL INVESTMENTS - 103.9% | 117,448,030 | |||||||||||||||
(Cost $113,915,665) | ||||||||||||||||
OTHER ASSETS & LIABILITIES, NET - (3.9)% | (4,399,869 | ) | ||||||||||||||
NET ASSETS - 100.0% | $ | 113,048,161 |
Abbreviation(s): | ||
ADR | American Depositary Receipt | |
BRL | Brazilian Real | |
ETF | Exchange Traded Fund | |
GDR | Global Depositary Receipt | |
NVDR | Non Voting Depository Receipt | |
REIT | Real Estate Investment Trust | |
SPDR | Standard & Poor’s Depository Receipts |
* | Non-income producing | |
^ | Amount represents less than $1,000. | |
a | Affiliated holding | |
b | In bankruptcy | |
d | All or a portion of these securities have been segregated by the custodian to cover margin requirements on open futures transactions. | |
e | All or a portion of these securities are out on loan. The aggregate value of securities on loan is $4,384,757,000. | |
g | Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/15, the aggregate value of these securities was $329,253,000, or 0.3% of net assets. | |
i | Floating or variable rate security. Coupon rate reflects the rate at period end. | |
j | Zero coupon | |
m | Indicates a security that has been deemed illiquid. | |
o | Agreement with Barclays, 0.27% dated 12/28/15 to be repurchased at $265,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $270,300,000. | |
p | Agreement with Barclays, 0.27% dated 12/29/15 to be repurchased at $50,000,000 on 1/05/16, collateralized by U.S. Government Agency Securities valued at $51,000,000. | |
q | Agreement with Calyon, 0.33% dated 12/28/15-12/31/15 to be repurchased at $477,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $486,540,000. | |
r | Agreement with Calyon, 0.35% dated 12/31/15 to be repurchased at $191,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $194,820,000. | |
s | Agreement with Citigroup, 0.31% dated 12/28/15 to be repurchased at $100,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $102,000,000. | |
t | Agreement with Citigroup, 0.32% dated 12/28/15 to be repurchased at $200,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $204,001,000. | |
u | Agreement with Deutsche Bank, 0.35% dated 12/31/15 to be repurchased at $76,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $77,520,000. | |
v | Agreement with Deutsche Bank, 0.37% dated 12/31/15 to be repurchased at $100,000,000 on 1/07/16, collateralized by U.S. Government Agency Securities valued at $102,000,000. |
188 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
w | Agreement with Goldman Sachs, 0.26% dated 12/28/15 to be repurchased at $100,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $102,000,000. | |
x | Agreement with Goldman Sachs, 0.27% dated 12/28/15 to be repurchased at $100,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $102,000,000. | |
y | Agreement with Goldman Sachs, 0.26% dated 12/29/15 to be repurchased at $150,000,000 on 1/05/16, collateralized by U.S. Government Agency Securities valued at $153,000,000. | |
z | Agreement with Goldman Sachs, 0.30% dated 12/31/15 to be repurchased at $500,000,000 on 1/07/16, collateralized by U.S. Government Agency Securities valued at $510,000,000. | |
aa | Agreement with Merrill Lynch, 0.29% dated 12/31/15 to be repurchased at $50,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $51,000,000. | |
ab | Agreement with Nomura, 0.34% dated 12/31/15 to be repurchased at $450,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $459,000,000. | |
ac | Agreement with Royal Bank of Scotland, 0.29% dated 12/31/15 to be repurchased at $43,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $43,862,000. | |
ad | Agreement with Royal Bank of Scotland, 0.29% dated 12/29/15 to be repurchased at $545,000,000 on 1/05/16, collateralized by U.S. Government Agency Securities valued at $555,901,000. |
Cost amounts are in thousands. |
189 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
COLLEGE RETIREMENT EQUITIES FUND
STOCK ACCOUNT
SUMMARY OF MARKET VALUES BY COUNTRY
December 31, 2015
Value | % of total | |||||||
Country | (000) | portfolio | ||||||
DOMESTIC | ||||||||
UNITED STATES | $ | 81,402,250 | 69.5 | % | ||||
TOTAL DOMESTIC | 81,402,250 | 69.5 | ||||||
FOREIGN | ||||||||
ARGENTINA | 6,293 | 0.0 | ||||||
AUSTRALIA | 1,383,826 | 1.2 | ||||||
AUSTRIA | 152,344 | 0.1 | ||||||
BELGIUM | 312,262 | 0.3 | ||||||
BERMUDA | 114,065 | 0.1 | ||||||
BRAZIL | 364,883 | 0.3 | ||||||
CANADA | 2,026,209 | 1.7 | ||||||
CAYMAN ISLANDS | 1,483 | 0.0 | ||||||
CHILE | 79,254 | 0.1 | ||||||
CHINA | 1,958,983 | 1.7 | ||||||
COLOMBIA | 31,550 | 0.0 | ||||||
CYPRUS | 61 | 0.0 | ||||||
CZECH REPUBLIC | 15,395 | 0.0 | ||||||
DENMARK | 483,108 | 0.4 | ||||||
EGYPT | 17,770 | 0.0 | ||||||
FAROE ISLANDS | 4,237 | 0.0 | ||||||
FINLAND | 329,889 | 0.3 | ||||||
FRANCE | 2,460,964 | 2.1 | ||||||
GEORGIA | 2,889 | 0.0 | ||||||
GERMANY | 2,127,862 | 1.8 | ||||||
GIBRALTAR | 1,230 | 0.0 | ||||||
GREECE | 30,625 | 0.0 | ||||||
GUERNSEY, C.I. | 411 | 0.0 | ||||||
HONG KONG | 986,394 | 0.8 | ||||||
HUNGARY | 21,700 | 0.0 | ||||||
INDIA | 758,715 | 0.6 | ||||||
INDONESIA | 185,839 | 0.2 | ||||||
IRELAND | 555,640 | 0.5 | ||||||
ISLE OF MAN | 3,255 | 0.0 | ||||||
ISRAEL | 278,235 | 0.2 | ||||||
ITALY | 640,354 | 0.5 | ||||||
JAPAN | 5,974,394 | 5.1 | ||||||
JERSEY, C.I. | 10,163 | 0.0 | ||||||
JORDAN | 13,941 | 0.0 | ||||||
KOREA, REPUBLIC OF | 1,197,031 | 1.0 | ||||||
LUXEMBOURG | 69,531 | 0.1 | ||||||
MACAU | 3,473 | 0.0 | ||||||
MALAYSIA | 233,864 | 0.2 | ||||||
MALTA | 8,050 | 0.0 | ||||||
MEXICO | 348,651 | 0.3 | ||||||
MONACO | 7,848 | 0.0 | ||||||
NETHERLANDS | 1,120,166 | 1.0 | ||||||
NEW ZEALAND | 106,150 | 0.1 | ||||||
NORWAY | 204,770 | 0.2 | ||||||
PAKISTAN | 1,806 | 0.0 | ||||||
PANAMA | 7,746 | 0.0 | ||||||
PERU | 38,380 | 0.0 |
190 |
COLLEGE RETIREMENT EQUITIES FUND - Stock Account
Value | % of total | |||||||
Country | (000) | portfolio | ||||||
PHILIPPINES | $ | 127,716 | 0.1 | % | ||||
POLAND | 85,806 | 0.1 | ||||||
PORTUGAL | 55,845 | 0.0 | ||||||
PUERTO RICO | 15,113 | 0.0 | ||||||
QATAR | 52,419 | 0.0 | ||||||
ROMANIA | 5,545 | 0.0 | ||||||
RUSSIA | 240,416 | 0.2 | ||||||
SINGAPORE | 451,638 | 0.4 | ||||||
SOUTH AFRICA | 453,425 | 0.4 | ||||||
SPAIN | 494,897 | 0.4 | ||||||
SRI LANKA | 1,293 | 0.0 | ||||||
SWEDEN | 676,223 | 0.6 | ||||||
SWITZERLAND | 2,251,182 | 1.9 | ||||||
TAIWAN | 1,015,541 | 0.9 | ||||||
THAILAND | 168,254 | 0.1 | ||||||
TURKEY | 113,455 | 0.1 | ||||||
UNITED ARAB EMIRATES | 65,882 | 0.1 | ||||||
UNITED KINGDOM | 5,087,637 | 4.3 | ||||||
VIETNAM | 1,758 | 0.0 | ||||||
VIRGIN ISLANDS, U.S. | 46 | 0.0 | ||||||
TOTAL FOREIGN | 36,045,780 | 30.5 | ||||||
TOTAL PORTFOLIO | $ | 117,448,030 | 100.0 | % |
191 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
COLLEGE RETIREMENT EQUITIES FUND
GLOBAL EQUITIES ACCOUNT
SCHEDULE OF INVESTMENTS
December 31, 2015
SHARES | COMPANY | VALUE (000) | ||||||||
COMMON STOCKS - 98.7% | ||||||||||
AUSTRALIA - 1.6% | ||||||||||
159,375 | AGL Energy Ltd | $ | 2,085 | |||||||
855,596 | Alumina Ltd | 714 | ||||||||
457,153 | Amcor Ltd | 4,441 | ||||||||
936,189 | AMP Ltd | 3,945 | ||||||||
120,839 | APA Group | 760 | ||||||||
58,891 | Aristocrat Leisure Ltd | 435 | ||||||||
321,889 | *,e | Arrium Ltd | 13 | |||||||
187,068 | Asciano Group | 1,189 | ||||||||
192,914 | AusNet Services | 208 | ||||||||
1,439,366 | Australia & New Zealand Banking Group Ltd | 29,046 | ||||||||
51,913 | Australian Stock Exchange Ltd | 1,597 | ||||||||
40,532 | Bank of Queensland Ltd | 409 | ||||||||
49,154 | Bendigo Bank Ltd | 425 | ||||||||
2,157,497 | BHP Billiton Ltd | 27,766 | ||||||||
452,166 | BHP Billiton plc | 5,042 | ||||||||
126,480 | BlueScope Steel Ltd | 404 | ||||||||
83,993 | Boral Ltd | 359 | ||||||||
387,837 | Brambles Ltd | 3,248 | ||||||||
29,511 | Caltex Australia Ltd | 807 | ||||||||
62,908 | Challenger Financial Services Group Ltd | 396 | ||||||||
44,289 | CIMIC Group Ltd | 777 | ||||||||
167,224 | Coca-Cola Amatil Ltd | 1,128 | ||||||||
6,288 | Cochlear Ltd | 435 | ||||||||
634,897 | Commonwealth Bank of Australia | 39,252 | ||||||||
136,382 | Computershare Ltd | 1,148 | ||||||||
39,818 | Crown Ltd | 360 | ||||||||
132,554 | CSL Ltd | 10,106 | ||||||||
106,015 | Dexus Property Group | 575 | ||||||||
256,018 | DUET Group (ASE Exchange) | 424 | ||||||||
71,877 | DuluxGroup Ltd | 346 | ||||||||
5,918 | e | Flight Centre Ltd | 171 | |||||||
177,570 | e | Fortescue Metals Group Ltd | 239 | |||||||
194,574 | GPT Group (ASE) | 674 | ||||||||
58,815 | e | Harvey Norman Holdings Ltd | 178 | |||||||
191,658 | Healthscope Ltd | 369 | ||||||||
46,029 | Iluka Resources Ltd | 204 | ||||||||
279,518 | Incitec Pivot Ltd | 799 | ||||||||
612,262 | Insurance Australia Group Ltd | 2,459 | ||||||||
179,540 | Lend Lease Corp Ltd | 1,852 | ||||||||
190,623 | e | Macquarie Goodman Group | 864 | |||||||
75,639 | Macquarie Group Ltd | 4,525 | ||||||||
298,713 | Medibank Pvt Ltd | 466 | ||||||||
1,084,435 | Mirvac Group | 1,552 | ||||||||
935,760 | National Australia Bank Ltd | 20,420 |
192 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
468,788 | * | Newcrest Mining Ltd | $ | 4,436 | ||||||
150,479 | Oil Search Ltd | 732 | ||||||||
107,429 | e | Orica Ltd | 1,204 | |||||||
546,084 | Origin Energy Ltd | 1,847 | ||||||||
328,034 | Orora Ltd | 533 | ||||||||
72,671 | Oxiana Ltd | 212 | ||||||||
24,734 | Platinum Asset Mangement Ltd | 145 | ||||||||
2,684,147 | Qantas Airways Ltd | 7,956 | ||||||||
449,207 | QBE Insurance Group Ltd | 4,086 | ||||||||
232,063 | QR National Ltd | 737 | ||||||||
15,301 | Ramsay Health Care Ltd | 752 | ||||||||
5,765 | REA Group Ltd | 229 | ||||||||
43,305 | Recall Holdings Ltd | 218 | ||||||||
447,979 | Santos Ltd | 1,193 | ||||||||
1,348,352 | Scentre Group | 4,090 | ||||||||
35,908 | e | Seek Ltd | 400 | |||||||
41,209 | Shopping Centres Australasia Property Group | 64 | ||||||||
41,488 | Sonic Healthcare Ltd | 537 | ||||||||
1,244,570 | * | South32 Ltd | 956 | |||||||
5,824,188 | Star Entertainment Grp Ltd | 21,371 | ||||||||
771,492 | e | Stockland Trust Group | 2,290 | |||||||
424,782 | Suncorp-Metway Ltd | 3,730 | ||||||||
190,839 | Sydney Airport | 878 | ||||||||
88,972 | Tabcorp Holdings Ltd | 303 | ||||||||
159,085 | Tattersall's Ltd | 505 | ||||||||
1,462,081 | Telstra Corp Ltd | 5,941 | ||||||||
32,191 | TPG Telecom Ltd | 230 | ||||||||
22,071 | *,m | Transurban Group | 167 | |||||||
418,473 | Transurban Group (ASE) | 3,172 | ||||||||
81,175 | Treasury Wine Estates Ltd | 487 | ||||||||
367,604 | Vicinity Centres | 746 | ||||||||
347,688 | Wesfarmers Ltd | 10,482 | ||||||||
612,821 | Westfield Corp | 4,216 | ||||||||
1,318,807 | Westpac Banking Corp | 31,968 | ||||||||
208,641 | Woodside Petroleum Ltd | 4,347 | ||||||||
337,808 | Woolworths Ltd | 5,994 | ||||||||
14,169 | WorleyParsons Ltd | 48 | ||||||||
TOTAL AUSTRALIA | 299,814 | |||||||||
AUSTRIA - 0.1% | ||||||||||
4,313 | Andritz AG. | 210 | ||||||||
14,830 | * | Erste Bank der Oesterreichischen Sparkassen AG. | 464 | |||||||
65,989 | *,m | Immoeast AG. | 0 | |||||||
8,160 | OMV AG. | 231 | ||||||||
6,868 | *,e | Raiffeisen International Bank Holding AG. | 101 | |||||||
6,274 | Voestalpine AG. | 192 | ||||||||
1,000,000 | Wienerberger AG. | 18,532 | ||||||||
TOTAL AUSTRIA | 19,730 | |||||||||
BELGIUM - 0.2% | ||||||||||
10,537 | Ageas | 489 | ||||||||
220,115 | Anheuser-Busch InBev NV | 27,393 |
193 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
31,925 | *,m | Anheuser-Busch InBev NV (Strip VVPR) | $ | 0 | ^ | |||||
8,251 | Belgacom S.A. | 268 | ||||||||
3,746 | Colruyt S.A. | 193 | ||||||||
5,476 | Delhaize Group | 533 | ||||||||
4,244 | Groupe Bruxelles Lambert S.A. | 363 | ||||||||
13,338 | KBC Groep NV | 834 | ||||||||
4,102 | e | Solvay S.A. | 438 | |||||||
2,784 | * | Telenet Group Holding NV | 150 | |||||||
48,128 | UCB S.A. | 4,344 | ||||||||
4,976 | Umicore | 209 | ||||||||
TOTAL BELGIUM | 35,214 | |||||||||
BERMUDA - 0.1% | ||||||||||
1,778,467 | Marvell Technology Group Ltd | 15,686 | ||||||||
15,319 | PartnerRe Ltd | 2,141 | ||||||||
14,275 | RenaissanceRe Holdings Ltd | 1,616 | ||||||||
TOTAL BERMUDA | 19,443 | |||||||||
BRAZIL - 0.0% | ||||||||||
808,060 | Banco Itau Holding Financeira S.A. | 5,345 | ||||||||
225,000 | Itau Unibanco Banco Multiplo S.A. (ADR) | 1,465 | ||||||||
TOTAL BRAZIL | 6,810 | |||||||||
CANADA - 2.8% | ||||||||||
28,917 | Agnico-Eagle Mines Ltd | 760 | ||||||||
50,391 | e | Agrium, Inc | 4,504 | |||||||
776,548 | Alimentation Couche Tard, Inc | 34,183 | ||||||||
15,602 | e | AltaGas Income Trust | 348 | |||||||
131,940 | e | ARC Resources Ltd | 1,592 | |||||||
36,585 | Atco Ltd | 944 | ||||||||
208,761 | * | Bank of Montreal | 11,780 | |||||||
383,926 | Bank of Nova Scotia | 15,530 | ||||||||
214,009 | Barrick Gold Corp (Canada) | 1,584 | ||||||||
162,192 | e | BCE, Inc | 6,266 | |||||||
53,166 | * | Blackberry Ltd (New) | 493 | |||||||
204,696 | * | Bombardier, Inc | 198 | |||||||
226,727 | Brookfield Asset Management, Inc | 7,152 | ||||||||
111,716 | CAE, Inc | 1,239 | ||||||||
42,689 | Cameco Corp (Toronto) | 527 | ||||||||
131,950 | e | Canadian Imperial Bank of Commerce/Canada | 8,696 | |||||||
219,830 | Canadian National Railway Co | 12,289 | ||||||||
281,946 | Canadian Natural Resources Ltd (Canada) | 6,158 | ||||||||
52,378 | Canadian Oil Sands Trust | 313 | ||||||||
118,653 | Canadian Pacific Railway Ltd | 15,140 | ||||||||
99,092 | Canadian Pacific Railway Ltd (Toronto) | 12,656 | ||||||||
58,863 | Canadian Tire Corp Ltd | 5,027 | ||||||||
13,363 | Canadian Utilities Ltd | 308 | ||||||||
190,617 | e | Cara Operations Ltd | 4,233 | |||||||
8,698 | CCL Industries | 1,410 | ||||||||
390,000 | * | Celestica, Inc | 4,312 | |||||||
942,314 | Cenovus Energy, Inc | 11,892 | ||||||||
549,862 | e | Cenovus Energy, Inc (Toronto) | 6,954 |
194 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
89,089 | * | CGI Group, Inc | $ | 3,567 | ||||||
32,713 | CI Financial Corp | 723 | ||||||||
3,418 | Constellation Software, Inc | 1,425 | ||||||||
66,657 | e | Crescent Point Energy Corp | 777 | |||||||
613,771 | Dollarama, Inc | 35,459 | ||||||||
477,531 | Eldorado Gold Corp | 1,415 | ||||||||
316,497 | * | Element Financial Corp | 3,820 | |||||||
18,365 | Empire Co Ltd | 342 | ||||||||
225,115 | Enbridge, Inc | 7,484 | ||||||||
421,439 | EnCana Corp | 2,141 | ||||||||
4,476 | Fairfax Financial Holdings Ltd | 2,125 | ||||||||
114,496 | Finning International, Inc | 1,546 | ||||||||
11,732 | e | First Capital Realty, Inc | 156 | |||||||
117,500 | First Quantum Minerals Ltd | 440 | ||||||||
81,995 | Fortis, Inc | 2,217 | ||||||||
67,099 | Franco-Nevada Corp | 3,070 | ||||||||
55,515 | George Weston Ltd | 4,290 | ||||||||
255,945 | Gildan Activewear, Inc | 7,277 | ||||||||
331,342 | Goldcorp, Inc | 3,829 | ||||||||
61,165 | Great-West Lifeco, Inc | 1,526 | ||||||||
83,642 | H&R Real Estate Investment Trust | 1,212 | ||||||||
191,967 | Husky Energy, Inc | 1,985 | ||||||||
55,350 | e | IGM Financial, Inc | 1,414 | |||||||
343,800 | *,e | Imax Corp | 12,219 | |||||||
110,865 | Imperial Oil Ltd | 3,612 | ||||||||
14,815 | Industrial Alliance Insurance and Financial Services, Inc | 472 | ||||||||
24,602 | Intact Financial Corp | 1,577 | ||||||||
160,602 | e | Inter Pipeline Ltd | 2,578 | |||||||
8,346 | Jean Coutu Group PJC, Inc | 108 | ||||||||
62,050 | e | Keyera Corp | 1,805 | |||||||
233,473 | * | Kinross Gold Corp | 424 | |||||||
162,118 | Linamar Corp | 8,756 | ||||||||
48,062 | Loblaw Cos Ltd | 2,270 | ||||||||
103,898 | Magna International, Inc (Class A) | 4,214 | ||||||||
160,000 | Magna International, Inc (Class A) | 6,490 | ||||||||
523,530 | Manulife Financial Corp | 7,847 | ||||||||
153,436 | * | MEG Energy Corp | 889 | |||||||
9,725 | Methanex Corp | 321 | ||||||||
346,097 | Metro, Inc | 9,690 | ||||||||
129,425 | National Bank of Canada | 3,770 | ||||||||
13,978 | Onex Corp | 857 | ||||||||
176,041 | Open Text Corp | 8,440 | ||||||||
57,670 | e | Pembina Pipeline Income Fund | 1,257 | |||||||
102,359 | e | Peyto Exploration & Development Corp | 1,840 | |||||||
301,848 | Potash Corp of Saskatchewan | 5,170 | ||||||||
154,982 | Power Corp Of Canada | 3,241 | ||||||||
114,214 | e | Power Financial Corp | 2,626 | |||||||
97,273 | e | PrairieSky Royalty Ltd | 1,541 | |||||||
1,599 | Restaurant Brands International LP | 59 | ||||||||
133,400 | e | Restaurant Brands International, Inc | 4,984 | |||||||
86,417 | e | Restaurant Brands International, Inc (Toronto) | 3,232 | |||||||
91,479 | RioCan Real Estate Investment Trust | 1,566 |
195 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
81,740 | Rogers Communications, Inc (Class B) | $ | 2,819 | |||||||
632,940 | Royal Bank of Canada | 33,918 | ||||||||
109,964 | Saputo, Inc | 2,630 | ||||||||
17,873 | * | Seven Generations Energy Ltd | 174 | |||||||
71,340 | e | Shaw Communications, Inc (B Shares) | 1,227 | |||||||
44,780 | Silver Wheaton Corp | 557 | ||||||||
45,551 | Smart Real Estate Investment Trust | 994 | ||||||||
75,842 | SNC-Lavalin Group, Inc | 2,254 | ||||||||
247,683 | *,g | Spin Master Corp | 3,913 | |||||||
151,583 | e | Sun Life Financial, Inc | 4,727 | |||||||
998,026 | Suncor Energy, Inc | 25,764 | ||||||||
60,715 | e | Teck Cominco Ltd | 234 | |||||||
91,770 | TELUS Corp | 2,537 | ||||||||
1,273,893 | e | Toronto-Dominion Bank | 49,936 | |||||||
406,420 | * | Tourmaline Oil Corp | 6,565 | |||||||
412,794 | e | TransCanada Corp | 13,481 | |||||||
162,941 | TransForce, Inc | 2,780 | ||||||||
384,806 | * | Turquoise Hill Resources Ltd | 976 | |||||||
165,452 | e | Veresen, Inc | 1,059 | |||||||
11,847 | e | Vermilion Energy, Inc | 322 | |||||||
7,294 | West Fraser Timber Co Ltd | 277 | ||||||||
180,000 | Westjet Airlines Ltd | 2,636 | ||||||||
102,879 | Yamana Gold, Inc | 191 | ||||||||
TOTAL CANADA | 526,554 | |||||||||
CHILE - 0.0% | ||||||||||
21,782 | e | Antofagasta plc | 150 | |||||||
TOTAL CHILE | 150 | |||||||||
CHINA - 0.3% | ||||||||||
65,960 | * | Alibaba Group Holding Ltd (ADR) | 5,361 | |||||||
1,700,000 | Brilliance China Automotive Holdings Ltd | 2,126 | ||||||||
9,579,000 | *,e,m | China Animal Healthcare Ltd | 12 | |||||||
1,122,000 | China Aoyuan Property Group Ltd | 235 | ||||||||
7,346,800 | China Everbright International Ltd | 9,394 | ||||||||
1,300,255 | * | China New Town Development Co Ltd | 48 | |||||||
666,000 | China Overseas Land & Investment Ltd | 2,319 | ||||||||
534,499 | e,m | China Vanke Co Ltd | 1,589 | |||||||
203,000 | CNOOC Ltd | 211 | ||||||||
58,000 | *,e | Ctrip.com International Ltd (ADR) | 2,687 | |||||||
137,700 | e,g | Dalian Wanda Commercial Properties Co Ltd | 799 | |||||||
4,350,000 | Great Wall Motor Co Ltd | 5,024 | ||||||||
84,259 | * | JD.com, Inc (ADR) | 2,719 | |||||||
16,500,000 | m | Sihuan Pharmaceutical Holdings | 4,659 | |||||||
2,397,612 | Sino-Ocean Land Holdings Ltd | 1,529 | ||||||||
947,600 | Tencent Holdings Ltd | 18,554 | ||||||||
195,249 | Yangzijiang Shipbuilding | 151 | ||||||||
TOTAL CHINA | 57,417 | |||||||||
DENMARK - 0.8% | ||||||||||
209 | AP Moller - Maersk AS (Class A) | 269 | ||||||||
366 | AP Moller - Maersk AS (Class B) | 477 |
196 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
5,755 | Carlsberg AS (Class B) | $ | 510 | |||||||
5,233 | Christian Hansen Holding | 327 | ||||||||
6,066 | Coloplast AS | 490 | ||||||||
489,689 | Danske Bank AS | 13,139 | ||||||||
10,223 | DSV AS | 402 | ||||||||
849,687 | *,e | H Lundbeck AS | 29,013 | |||||||
7,841 | ISS A.S. | 283 | ||||||||
1,407,591 | Novo Nordisk AS | 81,497 | ||||||||
57,724 | Novozymes AS | 2,764 | ||||||||
105,943 | Pandora AS | 13,358 | ||||||||
180,000 | Sydbank AS | 5,780 | ||||||||
41,429 | TDC AS | 206 | ||||||||
300,000 | * | Topdanmark AS | 8,524 | |||||||
6,212 | Tryg A.S. | 123 | ||||||||
11,996 | Vestas Wind Systems AS | 838 | ||||||||
1,247 | * | William Demant Holding | 119 | |||||||
TOTAL DENMARK | 158,119 | |||||||||
FINLAND - 0.7% | ||||||||||
7,555 | Elisa Oyj (Series A) | 284 | ||||||||
23,547 | Fortum Oyj | 355 | ||||||||
352,600 | Huhtamaki Oyj | 12,795 | ||||||||
50,000 | Kesko Oyj (B Shares) | 1,753 | ||||||||
17,919 | e | Kone Oyj (Class B) | 759 | |||||||
5,783 | Metso Oyj | 130 | ||||||||
257,032 | Neste Oil Oyj | 7,671 | ||||||||
2,770,000 | e | Nokia Corp | 19,445 | |||||||
4,302,791 | Nokia Oyj | 30,440 | ||||||||
70,734 | Nokian Renkaat Oyj | 2,525 | ||||||||
4,982 | Orion Oyj (Class B) | 172 | ||||||||
866,230 | Sampo Oyj (A Shares) | 43,989 | ||||||||
31,423 | Stora Enso Oyj (R Shares) | 284 | ||||||||
28,679 | UPM-Kymmene Oyj | 533 | ||||||||
7,889 | Wartsila Oyj (B Shares) | 360 | ||||||||
TOTAL FINLAND | 121,495 | |||||||||
FRANCE - 3.3% | ||||||||||
548,256 | Accor S.A. | 23,745 | ||||||||
1,664 | Aeroports de Paris | 194 | ||||||||
18,300 | Air Liquide | 2,054 | ||||||||
150,722 | * | Alcatel S.A. | 595 | |||||||
11,372 | *,e | Alstom RGPT | 347 | |||||||
3,745 | Arkema | 262 | ||||||||
4,638 | Atos Origin S.A. | 389 | ||||||||
104,892 | AXA S.A. | 2,866 | ||||||||
370,513 | BNP Paribas | 20,963 | ||||||||
47,509 | Bollore | 221 | ||||||||
85,741 | Bouygues S.A. | 3,400 | ||||||||
14,712 | Bureau Veritas S.A. | 293 | ||||||||
8,684 | Cap Gemini S.A. | 806 | ||||||||
29,702 | Carrefour S.A. | 857 | ||||||||
3,078 | e | Casino Guichard Perrachon S.A. | 141 |
197 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
1 | * | CGG (ADR) | $ | 0 | ^ | |||||
2,932 | Christian Dior S.A. | 498 | ||||||||
9,071 | CNP Assurances | 122 | ||||||||
800,286 | Compagnie de Saint-Gobain | 34,681 | ||||||||
2,297,772 | Credit Agricole S.A. | 27,077 | ||||||||
248,448 | Dassault Systemes S.A. | 19,859 | ||||||||
763,781 | Edenred | 14,438 | ||||||||
12,350 | Electricite de France | 182 | ||||||||
11,019 | Essilor International S.A. | 1,373 | ||||||||
2,231 | Eurazeo | 154 | ||||||||
292,511 | European Aeronautic Defence and Space Co | 19,712 | ||||||||
9,435 | Eutelsat Communications | 283 | ||||||||
506,229 | Faurecia | 20,284 | ||||||||
1,694 | Fonciere Des Regions | 152 | ||||||||
1,166,502 | France Telecom S.A. | 19,511 | ||||||||
301,745 | Gaz de France | 5,345 | ||||||||
1,840 | Gecina S.A. | 224 | ||||||||
31,410 | Groupe Danone | 2,123 | ||||||||
24,854 | Groupe Eurotunnel S.A. | 309 | ||||||||
1,381 | Hermes International | 467 | ||||||||
1,836 | Icade | 123 | ||||||||
1,409 | Iliad S.A. | 336 | ||||||||
1,925 | Imerys S.A. | 134 | ||||||||
2,918 | Ingenico | 368 | ||||||||
729,436 | JC Decaux S.A. | 27,963 | ||||||||
11,567 | Klepierre | 514 | ||||||||
6,382 | Lagardere S.C.A. | 190 | ||||||||
14,339 | Legrand S.A. | 811 | ||||||||
245,192 | L'Oreal S.A. | 41,243 | ||||||||
14,976 | LVMH Moet Hennessy Louis Vuitton S.A. | 2,352 | ||||||||
10,019 | Michelin (C.G.D.E.) (Class B) | 954 | ||||||||
49,857 | Natixis | 282 | ||||||||
5,540 | Numericable SAS | 201 | ||||||||
11,307 | Pernod-Ricard S.A. | 1,290 | ||||||||
23,519 | * | Peugeot S.A. | 412 | |||||||
4,111 | PPR | 703 | ||||||||
10,043 | Publicis Groupe S.A. | 668 | ||||||||
75,000 | e | Rallye S.A. | 1,165 | |||||||
1,355 | e | Remy Cointreau S.A. | 97 | |||||||
300,673 | Renault S.A. | 30,096 | ||||||||
723,611 | Rexel S.A. | 9,635 | ||||||||
16,720 | Safran S.A. | 1,149 | ||||||||
386,529 | Sanofi-Aventis | 32,941 | ||||||||
137,277 | Schneider Electric S.A. | 7,798 | ||||||||
8,514 | SCOR SE | 319 | ||||||||
1,531 | Societe BIC S.A. | 252 | ||||||||
523,590 | Societe Generale | 24,128 | ||||||||
4,842 | Sodexho Alliance S.A. | 473 | ||||||||
276,362 | Suez Environnement S.A. | 5,169 | ||||||||
5,479 | Technip S.A. | 272 | ||||||||
314,852 | Teleperformance | 26,475 | ||||||||
53,436 | Thales S.A. | 4,000 |
198 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
2,062,464 | Total S.A. | $ | 92,463 | |||||||
22,277 | Unibail-Rodamco | 5,657 | ||||||||
238,444 | Valeo S.A. | 36,762 | ||||||||
24,035 | Veolia Environnement | 570 | ||||||||
390,584 | Vinci S.A. | 25,034 | ||||||||
61,743 | Vivendi Universal S.A. | 1,326 | ||||||||
1,601 | Wendel | 190 | ||||||||
10,614 | e | Zodiac S.A. | 253 | |||||||
TOTAL FRANCE | 608,695 | |||||||||
GERMANY - 2.8% | ||||||||||
81,254 | Adidas-Salomon AG. | 7,886 | ||||||||
95,306 | Allianz AG. | 16,800 | ||||||||
2,320 | Axel Springer AG. | 129 | ||||||||
49,189 | BASF SE | 3,747 | ||||||||
516,416 | Bayer AG. | 64,495 | ||||||||
101,339 | Bayerische Motoren Werke AG. | 10,676 | ||||||||
2,738 | Bayerische Motoren Werke AG. (Preference) | 229 | ||||||||
636,570 | Beiersdorf AG. | 57,859 | ||||||||
8,179 | Brenntag AG. | 426 | ||||||||
1,118,110 | * | Commerzbank AG. | 11,537 | |||||||
133,780 | Continental AG. | 32,363 | ||||||||
864,133 | Daimler AG. (Registered) | 72,202 | ||||||||
24,912 | Deutsche Annington Immobilien SE | 770 | ||||||||
198,931 | Deutsche Bank AG. | 4,831 | ||||||||
10,409 | Deutsche Boerse AG. | 915 | ||||||||
12,824 | * | Deutsche Lufthansa AG. | 202 | |||||||
1,506,441 | Deutsche Post AG. | 42,117 | ||||||||
1,543,673 | Deutsche Telekom AG. | 27,725 | ||||||||
17,559 | Deutsche Wohnen AG. | 486 | ||||||||
65,000 | Duerr AG. | 5,159 | ||||||||
107,261 | E.ON AG. | 1,030 | ||||||||
7,222 | Evonik Industries AG. | 239 | ||||||||
2,199 | Fraport AG. Frankfurt Airport Services Worldwide | 140 | ||||||||
180,000 | Freenet AG. | 6,074 | ||||||||
101,812 | Fresenius Medical Care AG. | 8,556 | ||||||||
20,460 | Fresenius SE | 1,457 | ||||||||
3,642 | Fuchs Petrolub AG. (Preference) | 172 | ||||||||
9,828 | GEA Group AG. | 397 | ||||||||
73,327 | Hannover Rueckversicherung AG. | 8,373 | ||||||||
7,613 | HeidelbergCement AG. | 620 | ||||||||
5,420 | Henkel KGaA | 518 | ||||||||
9,632 | Henkel KGaA (Preference) | 1,075 | ||||||||
3,655 | Hugo Boss AG. | 302 | ||||||||
60,541 | Infineon Technologies AG. | 883 | ||||||||
10,185 | K&S AG. | 260 | ||||||||
1,215 | Kabel Deutschland Holding AG. | 150 | ||||||||
4,953 | Lanxess AG. | 228 | ||||||||
9,968 | Linde AG. | 1,440 | ||||||||
1,934 | MAN AG. | 194 | ||||||||
6,988 | Merck KGaA | 677 | ||||||||
9,784 | Metro AG. | 312 |
199 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
101,156 | * | Morphosys AG. | $ | 6,294 | ||||||
38,950 | Muenchener Rueckver AG. | 7,760 | ||||||||
4,408 | Osram Licht AG. | 184 | ||||||||
8,114 | Porsche AG. | 437 | ||||||||
537,633 | ProSiebenSat. Media AG. | 27,124 | ||||||||
25,509 | RWE AG. | 322 | ||||||||
52,694 | SAP AG. | 4,181 | ||||||||
391,035 | *,g | Scout24 AG. | 13,863 | |||||||
248,841 | Siemens AG. | 24,074 | ||||||||
150,000 | Software AG. | 4,275 | ||||||||
6,539 | Symrise AG. | 433 | ||||||||
32,166 | Telefonica Deutschland Holding AG. | 170 | ||||||||
19,128 | ThyssenKrupp AG. | 379 | ||||||||
26,012 | TUI AG. (DI) | 464 | ||||||||
6,746 | United Internet AG. | 371 | ||||||||
3,400 | e | Volkswagen AG. | 522 | |||||||
8,348 | Volkswagen AG. (Preference) | 1,205 | ||||||||
147,000 | Wacker Chemie AG. | 12,291 | ||||||||
300,046 | e | Wirecard AG. | 14,998 | |||||||
4,461 | *,g | Zalando SE | 177 | |||||||
TOTAL GERMANY | 513,175 | |||||||||
HONG KONG - 0.9% | ||||||||||
6,901,558 | AIA Group Ltd | 41,237 | ||||||||
25,618 | e | ASM Pacific Technology | 200 | |||||||
126,453 | Bank of East Asia Ltd | 469 | ||||||||
1,058,353 | BOC Hong Kong Holdings Ltd | 3,221 | ||||||||
127,431 | Cathay Pacific Airways Ltd | 219 | ||||||||
68,723 | Cheung Kong Infrastructure Holdings Ltd | 635 | ||||||||
841,543 | Cheung Kong Property Holdings Ltd | 5,444 | ||||||||
5,122,000 | China Gas Holdings Ltd | 7,360 | ||||||||
625,000 | Chow Sang Sang Holding | 1,027 | ||||||||
839,543 | CK Hutchison Holdings Ltd | 11,285 | ||||||||
537,954 | CLP Holdings Ltd | 4,560 | ||||||||
241,463 | First Pacific Co | 160 | ||||||||
256,803 | Galaxy Entertainment Group Ltd | 805 | ||||||||
1,063,434 | * | Global Brands Group Holding Ltd | 201 | |||||||
209,000 | * | Glorious Property Holdings Ltd | 24 | |||||||
777,517 | Hang Lung Group Ltd | 2,521 | ||||||||
2,388,803 | Hang Lung Properties Ltd | 5,413 | ||||||||
375,572 | Hang Seng Bank Ltd | 7,118 | ||||||||
458,198 | Henderson Land Development Co Ltd | 2,795 | ||||||||
294,500 | e,g | HK Electric Investments & HK Electric Investments Ltd | 247 | |||||||
290,660 | HKT Trust and HKT Ltd | 371 | ||||||||
2,341,066 | Hong Kong & China Gas Ltd | 4,582 | ||||||||
321,276 | Hong Kong Electric Holdings Ltd | 2,945 | ||||||||
196,924 | Hong Kong Exchanges and Clearing Ltd | 5,017 | ||||||||
64,800 | Hongkong Land Holdings Ltd | 452 | ||||||||
69,760 | Hysan Development Co Ltd | 285 | ||||||||
1,532,948 | Kerry Properties Ltd | 4,172 | ||||||||
1,709,027 | Li & Fung Ltd | 1,156 | ||||||||
245,468 | Link REIT | 1,463 |
200 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
175,571 | e | Melco PBL Entertainment Macau Ltd (ADR) | $ | 2,950 | ||||||
480,780 | MTR Corp | 2,374 | ||||||||
1,794,038 | e | New World Development Co Ltd | 1,762 | |||||||
481,902 | e | Noble Group Ltd | 135 | |||||||
170,384 | e | NWS Holdings Ltd | 254 | |||||||
453,040 | PCCW Ltd | 265 | ||||||||
1,636,533 | Sands China Ltd | 5,548 | ||||||||
2,770,286 | * | Shanghai Real Estate Ltd | 130 | |||||||
123,992 | Shangri-La Asia Ltd | 121 | ||||||||
2,242,000 | Shimao Property Holdings Ltd | 3,952 | ||||||||
332,542 | Sino Land Co | 484 | ||||||||
206,611 | SJM Holdings Ltd | 146 | ||||||||
1,164,642 | Sun Hung Kai Properties Ltd | 13,999 | ||||||||
159,628 | Swire Pacific Ltd (Class A) | 1,783 | ||||||||
1,825,000 | Swire Properties Ltd | 5,247 | ||||||||
147,402 | Techtronic Industries Co | 597 | ||||||||
646,000 | *,g | WH Group Ltd | 360 | |||||||
2,338,701 | Wharf Holdings Ltd | 12,894 | ||||||||
101,334 | Wheelock & Co Ltd | 425 | ||||||||
79,912 | Yue Yuen Industrial Holdings | 271 | ||||||||
TOTAL HONG KONG | 169,081 | |||||||||
INDIA - 0.4% | ||||||||||
200,000 | Axis Bank Ltd | 1,349 | ||||||||
900,000 | Cadila Healthcare Ltd | 4,447 | ||||||||
133,600 | Container Corp Of India Ltd | 2,648 | ||||||||
322,531 | * | DEN Networks Ltd | 546 | |||||||
2,460,238 | * | DLF Ltd | 4,291 | |||||||
450,000 | HDFC Bank Ltd | 7,350 | ||||||||
350,000 | * | Hindustan Petroleum Corp Ltd | 4,402 | |||||||
332,666 | Housing Development Finance Corp | 6,327 | ||||||||
450,000 | ICICI Bank Ltd (ADR) | 3,523 | ||||||||
283,431 | * | Jyothy Laboratories Ltd | 1,341 | |||||||
99,896 | * | LIC Housing Finance Ltd | 769 | |||||||
210,000 | Lupin Ltd | 5,810 | ||||||||
100,756 | *,e | MakeMyTrip Ltd | 1,729 | |||||||
90,834 | * | Prestige Estates Projects Ltd | 264 | |||||||
1,113,028 | * | Puravankara Projects Ltd | 1,058 | |||||||
111,069 | Reliance Industries Ltd | 1,701 | ||||||||
154,738 | Shriram Transport Finance Co Ltd | 2,001 | ||||||||
322,832 | * | Sobha Developers Ltd | 1,506 | |||||||
400,000 | * | Sun Pharmaceutical Industries Ltd | 4,948 | |||||||
813,513 | * | Sunteck Realty Ltd | 2,877 | |||||||
1,371,559 | Tata Motors Ltd (DVR) | 5,979 | ||||||||
26,406,156 | * | Unitech Ltd | 2,642 | |||||||
354,303 | Yes Bank Ltd | 3,866 | ||||||||
TOTAL INDIA | 71,374 | |||||||||
IRELAND - 1.2% | ||||||||||
1,508,758 | * | Bank of Ireland | 552 | |||||||
1,615,551 | CRH plc | 46,591 | ||||||||
51,923 | Experian Group Ltd | 918 |
201 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
2,902,262 | Green REIT plc | $ | 5,023 | |||||||
4,220,177 | Hibernia REIT plc | 6,454 | ||||||||
147,992 | *,m | Irish Bank Resolution Corp Ltd | 0 | ^ | ||||||
49,282 | James Hardie Industries NV | 621 | ||||||||
312,954 | Kerry Group plc (Class A) | 25,894 | ||||||||
6,144 | * | Ryanair Holdings plc | 100 | |||||||
435,880 | Ryanair Holdings plc (ADR) | 37,686 | ||||||||
408,914 | Shire Ltd | 28,054 | ||||||||
977,088 | Smurfit Kappa Group plc | 25,024 | ||||||||
1,167,071 | XL Capital Ltd | 45,726 | ||||||||
TOTAL IRELAND | 222,643 | |||||||||
ISRAEL - 0.3% | ||||||||||
1,897 | Azrieli Group | 71 | ||||||||
57,548 | Bank Hapoalim Ltd | 297 | ||||||||
75,406 | * | Bank Leumi Le-Israel | 262 | |||||||
106,045 | Bezeq Israeli Telecommunication Corp Ltd | 233 | ||||||||
3,760 | *,e | Check Point Software Technologies | 306 | |||||||
230 | Delek Group Ltd | 46 | ||||||||
26,903 | Israel Chemicals Ltd | 109 | ||||||||
7,102 | Mizrahi Tefahot Bank Ltd | 85 | ||||||||
2,914 | Nice Systems Ltd | 167 | ||||||||
48,929 | Teva Pharmaceutical Industries Ltd | 3,192 | ||||||||
821,146 | Teva Pharmaceutical Industries Ltd (ADR) | 53,900 | ||||||||
TOTAL ISRAEL | 58,668 | |||||||||
ITALY - 1.0% | ||||||||||
4,000,000 | A2A S.p.A. | 5,416 | ||||||||
63,291 | Assicurazioni Generali S.p.A. | 1,156 | ||||||||
21,791 | Autostrade S.p.A. | 577 | ||||||||
11,493,974 | Banca Intesa S.p.A. | 38,172 | ||||||||
54,486 | Banca Intesa S.p.A. RSP | 166 | ||||||||
600,044 | Banca Mediolanum S.p.A | 4,767 | ||||||||
137,275 | * | Banca Monte dei Paschi di Siena S.p.A | 182 | |||||||
47,404 | Banche Popolari Unite Scpa | 317 | ||||||||
19,155 | * | Banco Popolare SC | 264 | |||||||
93,707 | Enel Green Power S.p.A | 190 | ||||||||
4,134,541 | Enel S.p.A. | 17,337 | ||||||||
696,972 | ENI S.p.A. | 10,356 | ||||||||
115,473 | Exor S.p.A. | 5,241 | ||||||||
20,542 | * | Finmeccanica S.p.A. | 286 | |||||||
62,925 | Fondiaria-Sai S.p.A | 160 | ||||||||
287,626 | Luxottica Group S.p.A. | 18,743 | ||||||||
2,184,673 | Mediaset S.p.A. | 9,053 | ||||||||
5,017,777 | Mediobanca S.p.A. | 48,101 | ||||||||
869,520 | Moncler S.p.A | 12,100 | ||||||||
765,600 | *,g | OVS S.p.A | 5,326 | |||||||
9,970 | Prysmian S.p.A. | 218 | ||||||||
13,914 | *,e | Saipem S.p.A. | 112 | |||||||
111,393 | Snam Rete Gas S.p.A. | 581 | ||||||||
313,661 | Telecom Italia RSP | 322 | ||||||||
614,901 | *,e | Telecom Italia S.p.A. | 779 |
202 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
80,946 | Terna Rete Elettrica Nazionale S.p.A. | $ | 416 | |||||||
256,097 | UniCredit S.p.A | 1,416 | ||||||||
304,209 | *,e | Yoox S.p.A | 11,332 | |||||||
TOTAL ITALY | 193,086 | |||||||||
JAPAN - 8.4% | ||||||||||
3,300 | ABC-Mart, Inc | 181 | ||||||||
50,700 | *,e | Acom Co Ltd | 239 | |||||||
600 | Activia Properties Inc | 2,550 | ||||||||
990 | Advance Residence Investment Corp | 2,177 | ||||||||
80,409 | Aeon Co Ltd | 1,239 | ||||||||
13,203 | AEON Financial Service Co Ltd | 295 | ||||||||
14,260 | Aeon Mall Co Ltd | 245 | ||||||||
20,000 | Air Water, Inc | 322 | ||||||||
205,942 | Aisin Seiki Co Ltd | 8,863 | ||||||||
69,529 | Ajinomoto Co, Inc | 1,646 | ||||||||
21,800 | Alfresa Holdings Corp | 431 | ||||||||
143,435 | All Nippon Airways Co Ltd | 414 | ||||||||
54,200 | Alps Electric Co Ltd | 1,470 | ||||||||
42,844 | Amada Co Ltd | 409 | ||||||||
2,654,848 | Aozora Bank Ltd | 9,265 | ||||||||
207,807 | Asahi Breweries Ltd | 6,505 | ||||||||
115,773 | Asahi Glass Co Ltd | 663 | ||||||||
415,134 | Asahi Kasei Corp | 2,807 | ||||||||
19,700 | Asics Corp | 409 | ||||||||
748,800 | Astellas Pharma, Inc | 10,660 | ||||||||
122,105 | Bank of Kyoto Ltd | 1,132 | ||||||||
409,971 | Bank of Yokohama Ltd | 2,513 | ||||||||
8,253 | Benesse Corp | 238 | ||||||||
547,404 | Bridgestone Corp | 18,777 | ||||||||
29,285 | Brother Industries Ltd | 336 | ||||||||
49,000 | Calbee, Inc | 2,069 | ||||||||
131,697 | Canon, Inc | 3,984 | ||||||||
25,433 | e | Casio Computer Co Ltd | 595 | |||||||
52,000 | Central Japan Railway Co | 9,232 | ||||||||
271,323 | Chiba Bank Ltd | 1,925 | ||||||||
105,100 | Chiyoda Corp | 798 | ||||||||
219,566 | Chubu Electric Power Co, Inc | 3,007 | ||||||||
82,558 | Chugai Pharmaceutical Co Ltd | 2,878 | ||||||||
57,000 | Chugoku Bank Ltd | 761 | ||||||||
96,753 | Chugoku Electric Power Co, Inc | 1,277 | ||||||||
32,542 | Citizen Watch Co Ltd | 234 | ||||||||
265,600 | e | COOKPAD, Inc | 5,638 | |||||||
18,255 | Credit Saison Co Ltd | 360 | ||||||||
816,800 | *,e | CYBERDYNE, Inc | 13,762 | |||||||
66,076 | Dai Nippon Printing Co Ltd | 653 | ||||||||
36,330 | Daicel Chemical Industries Ltd | 541 | ||||||||
23,790 | e | Daihatsu Motor Co Ltd | 321 | |||||||
958,200 | Dai-ichi Mutual Life Insurance Co | 15,942 | ||||||||
77,997 | Daiichi Sankyo Co Ltd | 1,610 | ||||||||
84,446 | Daikin Industries Ltd | 6,149 | ||||||||
19,563 | e | Dainippon Sumitomo Pharma Co Ltd | 230 |
203 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
31,711 | Daito Trust Construction Co Ltd | $ | 3,663 | |||||||
210,656 | Daiwa House Industry Co Ltd | 6,056 | ||||||||
517,300 | Daiwa Securities Group, Inc | 3,163 | ||||||||
302,345 | Denso Corp | 14,448 | ||||||||
26,655 | Dentsu, Inc | 1,458 | ||||||||
464,600 | Don Quijote Co Ltd | 16,316 | ||||||||
226,952 | East Japan Railway Co | 21,371 | ||||||||
31,317 | Eisai Co Ltd | 2,072 | ||||||||
44,993 | Electric Power Development Co | 1,602 | ||||||||
7,244 | FamilyMart Co Ltd | 337 | ||||||||
40,843 | Fanuc Ltd | 7,037 | ||||||||
19,718 | Fast Retailing Co Ltd | 6,898 | ||||||||
1,218,822 | Fuji Electric Holdings Co Ltd | 5,112 | ||||||||
728,242 | Fuji Heavy Industries Ltd | 30,001 | ||||||||
535,084 | Fujifilm Holdings Corp | 22,330 | ||||||||
268,991 | Fujitsu Ltd | 1,343 | ||||||||
275,663 | Fukuoka Financial Group, Inc | 1,367 | ||||||||
159,400 | GMO Payment Gateway, Inc | 7,570 | ||||||||
55,300 | e | GungHo Online Entertainment Inc | 150 | |||||||
135,879 | Gunma Bank Ltd | 790 | ||||||||
140,842 | Hachijuni Bank Ltd | 862 | ||||||||
28,000 | Hakuhodo DY Holdings, Inc | 303 | ||||||||
17,500 | Hamamatsu Photonics KK | 480 | ||||||||
142,000 | Hankyu Hanshin Holdings, Inc | 923 | ||||||||
700,000 | Haseko Corp | 7,739 | ||||||||
2,200 | Hikari Tsushin, Inc | 150 | ||||||||
91,382 | Hino Motors Ltd | 1,056 | ||||||||
3,700 | Hirose Electric Co Ltd | 448 | ||||||||
182,000 | Hiroshima Bank Ltd | 1,034 | ||||||||
7,167 | Hisamitsu Pharmaceutical Co, Inc | 301 | ||||||||
12,852 | Hitachi Chemical Co Ltd | 204 | ||||||||
13,322 | e | Hitachi Construction Machinery Co Ltd | 207 | |||||||
113,800 | Hitachi High-Technologies Corp | 3,077 | ||||||||
6,892,285 | Hitachi Ltd | 39,054 | ||||||||
25,900 | Hitachi Metals Ltd | 320 | ||||||||
418,000 | Hokuhoku Financial Group, Inc | 852 | ||||||||
60,531 | Hokuriku Electric Power Co | 895 | ||||||||
580,096 | Honda Motor Co Ltd | 18,541 | ||||||||
4,900 | Hoshizaki Electric Co Ltd | 305 | ||||||||
603,553 | Hoya Corp | 24,681 | ||||||||
1,552 | Ichigo Real Estate Investment Corp | 1,116 | ||||||||
10,800 | Idemitsu Kosan Co Ltd | 172 | ||||||||
18,000 | Iida Group Holdings Co Ltd | 334 | ||||||||
200 | Industrial & Infrastructure Fund Investment Corp | 954 | ||||||||
287,400 | Infomart Corp | 2,833 | ||||||||
118,700 | Inpex Holdings, Inc | 1,157 | ||||||||
154,981 | Isetan Mitsukoshi Holdings Ltd | 2,021 | ||||||||
2,777,878 | Ishikawajima-Harima Heavy Industries Co Ltd | 7,668 | ||||||||
149,200 | Istyle, Inc | 2,636 | ||||||||
73,700 | Isuzu Motors Ltd | 794 | ||||||||
863,270 | Itochu Corp | 10,211 | ||||||||
25,600 | Itochu Techno-Science Corp | 510 |
204 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
84,852 | Iyo Bank Ltd | $ | 824 | |||||||
284,300 | J Front Retailing Co Ltd | 4,133 | ||||||||
242,000 | Japan Airlines Co Ltd | 8,662 | ||||||||
5,300 | e | Japan Airport Terminal Co Ltd | 235 | |||||||
286,600 | * | Japan Post Bank Co Ltd | 4,173 | |||||||
55,600 | * | Japan Post Holdings Co Ltd | 863 | |||||||
142,900 | *,e | Japan Post Insurance Co Ltd | 3,703 | |||||||
104 | Japan Prime Realty Investment Corp | 355 | ||||||||
164 | Japan Real Estate Investment Corp | 796 | ||||||||
4,643 | Japan Rental Housing Investments, Inc | 3,281 | ||||||||
792 | Japan Retail Fund Investment Corp | 1,524 | ||||||||
474,300 | Japan Tobacco, Inc | 17,413 | ||||||||
61,104 | JFE Holdings, Inc | 959 | ||||||||
76,978 | JGC Corp | 1,178 | ||||||||
226,624 | Joyo Bank Ltd | 1,072 | ||||||||
23,453 | JSR Corp | 365 | ||||||||
425,303 | JTEKT Corp | 6,961 | ||||||||
725,180 | JX Holdings, Inc | 3,044 | ||||||||
500,000 | kabu.com Securities Co Ltd | 1,561 | ||||||||
103,372 | Kajima Corp | 615 | ||||||||
17,900 | Kakaku.com, Inc | 352 | ||||||||
212,252 | Kamigumi Co Ltd | 1,827 | ||||||||
33,900 | Kaneka Corp | 352 | ||||||||
247,074 | * | Kansai Electric Power Co, Inc | 2,962 | |||||||
28,780 | Kansai Paint Co Ltd | 436 | ||||||||
62,053 | Kao Corp | 3,189 | ||||||||
576,212 | Kawasaki Heavy Industries Ltd | 2,132 | ||||||||
558,700 | KDDI Corp | 14,510 | ||||||||
63,000 | Keihan Electric Railway Co Ltd | 422 | ||||||||
171,622 | Keihin Electric Express Railway Co Ltd | 1,418 | ||||||||
210,910 | Keio Corp | 1,821 | ||||||||
34,426 | Keisei Electric Railway Co Ltd | 439 | ||||||||
1,838 | Kenedix Realty Investment Corp | 8,593 | ||||||||
13,351 | Keyence Corp | 7,338 | ||||||||
17,795 | Kikkoman Corp | 617 | ||||||||
408,914 | Kintetsu Corp | 1,663 | ||||||||
101,749 | Kirin Brewery Co Ltd | 1,381 | ||||||||
385,084 | Kobe Steel Ltd | 418 | ||||||||
12,700 | Koito Manufacturing Co Ltd | 521 | ||||||||
114,022 | Komatsu Ltd | 1,866 | ||||||||
11,673 | Konami Corp | 278 | ||||||||
56,213 | Konica Minolta Holdings, Inc | 563 | ||||||||
3,800 | Kose Corp | 351 | ||||||||
1,137,258 | Kubota Corp | 17,569 | ||||||||
43,474 | Kuraray Co Ltd | 527 | ||||||||
13,345 | Kurita Water Industries Ltd | 279 | ||||||||
39,500 | Kyocera Corp | 1,834 | ||||||||
129,045 | Kyowa Hakko Kogyo Co Ltd | 2,030 | ||||||||
142,884 | * | Kyushu Electric Power Co, Inc | 1,557 | |||||||
42,800 | * | Kyushu Financial Group, Inc | 302 | |||||||
8,051 | Lawson, Inc | 653 | ||||||||
32,423 | LIXIL Group Corp | 720 |
205 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
18,100 | Mabuchi Motor Co Ltd | $ | 981 | |||||||
100,000 | Maeda Corp | 676 | ||||||||
36,936 | Makita Corp | 2,128 | ||||||||
935,372 | Marubeni Corp | 4,809 | ||||||||
27,409 | Marui Co Ltd | 446 | ||||||||
5,696 | Maruichi Steel Tube Ltd | 168 | ||||||||
1,222,100 | Matsui Securities Co Ltd | 11,196 | ||||||||
651,855 | Matsushita Electric Industrial Co Ltd | 6,608 | ||||||||
282,100 | Mazda Motor Corp | 5,821 | ||||||||
8,000 | e | McDonald's Holdings Co Japan Ltd | 174 | |||||||
16,712 | Mediceo Paltac Holdings Co Ltd | 285 | ||||||||
15,100 | MEIJI Holdings Co Ltd | 1,247 | ||||||||
95,000 | Minebea Co Ltd | 813 | ||||||||
19,600 | Miraca Holdings, Inc | 862 | ||||||||
270,000 | MISUMI Group, Inc | 3,730 | ||||||||
468,019 | Mitsubishi Chemical Holdings Corp | 2,969 | ||||||||
526,695 | Mitsubishi Corp | 8,761 | ||||||||
775,814 | Mitsubishi Electric Corp | 8,144 | ||||||||
328,705 | Mitsubishi Estate Co Ltd | 6,835 | ||||||||
124,160 | Mitsubishi Gas Chemical Co, Inc | 635 | ||||||||
1,191,150 | Mitsubishi Heavy Industries Ltd | 5,208 | ||||||||
14,262 | Mitsubishi Logistics Corp | 188 | ||||||||
139,293 | Mitsubishi Materials Corp | 439 | ||||||||
259,000 | Mitsubishi Motors Corp | 2,191 | ||||||||
5,274,454 | Mitsubishi UFJ Financial Group, Inc | 32,671 | ||||||||
60,900 | Mitsubishi UFJ Lease & Finance Co Ltd | 313 | ||||||||
546,104 | Mitsui & Co Ltd | 6,489 | ||||||||
606,087 | Mitsui Chemicals, Inc | 2,688 | ||||||||
1,001,437 | Mitsui Fudosan Co Ltd | 25,134 | ||||||||
141,499 | Mitsui OSK Lines Ltd | 357 | ||||||||
222,909 | Mitsui Sumitomo Insurance Group Holdings, Inc | 6,537 | ||||||||
1,798,918 | Mitsui Trust Holdings, Inc | 6,813 | ||||||||
5,500 | Mixi Inc | 206 | ||||||||
6,231,856 | Mizuho Financial Group, Inc | 12,464 | ||||||||
516,800 | MonotaRO Co Ltd | 14,300 | ||||||||
336,420 | Murata Manufacturing Co Ltd | 48,404 | ||||||||
14,900 | Nabtesco Corp | 303 | ||||||||
108,000 | Nagoya Railroad Co Ltd | 449 | ||||||||
21,906 | Namco Bandai Holdings, Inc | 463 | ||||||||
840,615 | NEC Corp | 2,663 | ||||||||
15,700 | Nexon Co Ltd | 255 | ||||||||
254,179 | NGK Insulators Ltd | 5,729 | ||||||||
21,988 | NGK Spark Plug Co Ltd | 579 | ||||||||
19,238 | NHK Spring Co Ltd | 193 | ||||||||
127,570 | Nidec Corp | 9,251 | ||||||||
42,281 | e | Nikon Corp | 566 | |||||||
37,198 | Nintendo Co Ltd | 5,115 | ||||||||
492 | Nippon Building Fund, Inc | 2,351 | ||||||||
48,184 | Nippon Electric Glass Co Ltd | 243 | ||||||||
103,441 | Nippon Express Co Ltd | 486 | ||||||||
21,944 | Nippon Meat Packers, Inc | 430 | ||||||||
18,300 | Nippon Paint Co Ltd | 443 |
206 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
2,654 | Nippon ProLogis REIT, Inc | $ | 4,801 | |||||||
163,500 | Nippon Steel Corp | 3,234 | ||||||||
480,200 | Nippon Telegraph & Telephone Corp | 19,111 | ||||||||
571,308 | Nippon Yusen Kabushiki Kaisha | 1,385 | ||||||||
1,321,343 | Nissan Motor Co Ltd | 13,835 | ||||||||
26,400 | Nisshin Seifun Group, Inc | 431 | ||||||||
7,935 | Nissin Food Products Co Ltd | 421 | ||||||||
9,200 | Nitori Co Ltd | 773 | ||||||||
273,437 | Nitto Denko Corp | 19,962 | ||||||||
40,753 | NKSJ Holdings, Inc | 1,338 | ||||||||
11,951 | NOK Corp | 279 | ||||||||
6,015,363 | Nomura Holdings, Inc | 33,506 | ||||||||
15,674 | Nomura Real Estate Holdings, Inc | 291 | ||||||||
435 | * | Nomura Real Estate Master Fund, Inc | 541 | |||||||
75,500 | Nomura Research Institute Ltd | 2,899 | ||||||||
57,511 | NSK Ltd | 625 | ||||||||
116,000 | NTT Data Corp | 5,608 | ||||||||
464,500 | NTT DoCoMo, Inc | 9,528 | ||||||||
13,900 | NTT Urban Development Corp | 134 | ||||||||
79,259 | Obayashi Corp | 731 | ||||||||
8,000 | Obic Co Ltd | 423 | ||||||||
228,098 | Odakyu Electric Railway Co Ltd | 2,456 | ||||||||
97,797 | OJI Paper Co Ltd | 393 | ||||||||
492,600 | Olympus Corp | 19,393 | ||||||||
24,113 | Omron Corp | 804 | ||||||||
78,210 | Ono Pharmaceutical Co Ltd | 13,946 | ||||||||
4,603 | Oracle Corp Japan | 214 | ||||||||
61,700 | Oriental Land Co Ltd | 3,733 | ||||||||
1,796,900 | ORIX Corp | 25,208 | ||||||||
231,981 | Osaka Gas Co Ltd | 838 | ||||||||
68,300 | Osaka Securities Exchange Co Ltd | 1,068 | ||||||||
9,900 | Otsuka Corp | 486 | ||||||||
48,100 | Otsuka Holdings KK | 1,709 | ||||||||
32,800 | Park24 Co Ltd | 795 | ||||||||
1,880,000 | * | Pioneer Corp | 5,175 | |||||||
50,000 | Pola Orbis Holdings, Inc | 3,295 | ||||||||
114,700 | Rakuten, Inc | 1,321 | ||||||||
17,600 | Recruit Holdings Co Ltd | 517 | ||||||||
1,128,230 | Resona Holdings, Inc | 5,479 | ||||||||
426,281 | e | Ricoh Co Ltd | 4,389 | |||||||
4,499 | Rinnai Corp | 399 | ||||||||
100,924 | Rohm Co Ltd | 5,112 | ||||||||
3,000 | Ryohin Keikaku Co Ltd | 608 | ||||||||
6,080 | Sankyo Co Ltd | 227 | ||||||||
5,800 | e | Sanrio Co Ltd | 136 | |||||||
151,100 | Santen Pharmaceutical Co Ltd | 2,488 | ||||||||
212,000 | Sapporo Holdings Ltd | 931 | ||||||||
109,800 | Sawai Pharmaceutical Co Ltd | 7,517 | ||||||||
26,580 | SBI Holdings, Inc | 287 | ||||||||
25,934 | Secom Co Ltd | 1,758 | ||||||||
23,243 | Sega Sammy Holdings, Inc | 217 | ||||||||
15,000 | Seibu Holdings, Inc | 306 |
207 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
34,700 | Seiko Epson Corp | $ | 534 | |||||||
134,951 | Sekisui Chemical Co Ltd | 1,762 | ||||||||
243,320 | Sekisui House Ltd | 4,091 | ||||||||
381,881 | Seven & I Holdings Co Ltd | 17,484 | ||||||||
71,500 | Seven Bank Ltd | 314 | ||||||||
62,119 | Shikoku Electric Power Co, Inc | 970 | ||||||||
30,982 | Shimadzu Corp | 519 | ||||||||
7,297 | Shimamura Co Ltd | 855 | ||||||||
9,681 | Shimano, Inc | 1,487 | ||||||||
1,559,962 | Shimizu Corp | 12,720 | ||||||||
231,900 | Shin-Etsu Chemical Co Ltd | 12,607 | ||||||||
580,649 | Shinsei Bank Ltd | 1,069 | ||||||||
107,133 | Shionogi & Co Ltd | 4,846 | ||||||||
44,685 | Shiseido Co Ltd | 927 | ||||||||
65,301 | Shizuoka Bank Ltd | 633 | ||||||||
37,300 | Shoei Co Ltd | 327 | ||||||||
24,173 | e | Showa Shell Sekiyu KK | 197 | |||||||
6,588 | SMC Corp | 1,711 | ||||||||
150,000 | SMS Co Ltd | 3,149 | ||||||||
749,360 | Softbank Corp | 37,820 | ||||||||
7,600 | Sohgo Security Services Co Ltd | 356 | ||||||||
2,400,000 | Sojitz Holdings Corp | 5,037 | ||||||||
84,200 | So-net M3, Inc | 1,746 | ||||||||
1,706,882 | Sony Corp | 41,950 | ||||||||
751,600 | Sony Financial Holdings, Inc | 13,444 | ||||||||
17,515 | Stanley Electric Co Ltd | 384 | ||||||||
604,883 | Sumitomo Chemical Co Ltd | 3,474 | ||||||||
281,063 | Sumitomo Corp | 2,866 | ||||||||
92,276 | Sumitomo Electric Industries Ltd | 1,303 | ||||||||
1,548,625 | Sumitomo Heavy Industries Ltd | 6,942 | ||||||||
61,464 | Sumitomo Metal Mining Co Ltd | 746 | ||||||||
1,123,679 | Sumitomo Mitsui Financial Group, Inc | 42,409 | ||||||||
195,725 | Sumitomo Realty & Development Co Ltd | 5,586 | ||||||||
20,963 | Sumitomo Rubber Industries, Inc | 273 | ||||||||
16,900 | Suntory Beverage & Food Ltd | 740 | ||||||||
239,354 | Suruga Bank Ltd | 4,933 | ||||||||
9,600 | Suzuken Co Ltd | 365 | ||||||||
45,122 | Suzuki Motor Corp | 1,371 | ||||||||
312,800 | Sysmex Corp | 20,064 | ||||||||
190,431 | T&D Holdings, Inc | 2,512 | ||||||||
143,000 | Taiheiyo Cement Corp | 418 | ||||||||
352,143 | Taisei Corp | 2,320 | ||||||||
3,923 | Taisho Pharmaceutical Holdings Co Ltd | 277 | ||||||||
18,372 | Taiyo Nippon Sanso Corp | 166 | ||||||||
419,718 | Takashimaya Co Ltd | 3,780 | ||||||||
332,448 | Takeda Pharmaceutical Co Ltd | 16,576 | ||||||||
80,781 | Tanabe Seiyaku Co Ltd | 1,392 | ||||||||
57,727 | TDK Corp | 3,697 | ||||||||
1,263,613 | Teijin Ltd | 4,306 | ||||||||
37,500 | Terumo Corp | 1,162 | ||||||||
61,276 | THK Co Ltd | 1,136 | ||||||||
333,878 | Tobu Railway Co Ltd | 1,647 |
208 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
13,975 | Toho Co Ltd | $ | 387 | |||||||
50,000 | Toho Gas Co Ltd | 323 | ||||||||
161,115 | Tohoku Electric Power Co, Inc | 2,014 | ||||||||
502,664 | Tokio Marine Holdings, Inc | 19,415 | ||||||||
179,360 | * | Tokyo Electric Power Co, Inc | 1,033 | |||||||
21,310 | Tokyo Electron Ltd | 1,291 | ||||||||
809,924 | Tokyo Gas Co Ltd | 3,806 | ||||||||
25,000 | Tokyo Ohka Kogyo Co Ltd | 794 | ||||||||
25,500 | Tokyo Tatemono Co Ltd | 278 | ||||||||
574,852 | Tokyu Corp | 4,543 | ||||||||
63,700 | Tokyu Fudosan Holdings Corp | 399 | ||||||||
223,126 | TonenGeneral Sekiyu KK | 1,884 | ||||||||
64,427 | Toppan Printing Co Ltd | 594 | ||||||||
524,664 | Toray Industries, Inc | 4,875 | ||||||||
580,481 | * | Toshiba Corp | 1,193 | |||||||
900,000 | Tosoh Corp | 4,630 | ||||||||
17,600 | Toto Ltd | 618 | ||||||||
19,939 | Toyo Seikan Kaisha Ltd | 370 | ||||||||
40,999 | Toyo Suisan Kaisha Ltd | 1,429 | ||||||||
188,097 | Toyoda Gosei Co Ltd | 4,273 | ||||||||
20,161 | Toyota Industries Corp | 1,078 | ||||||||
1,964,448 | Toyota Motor Corp | 120,969 | ||||||||
26,394 | Toyota Tsusho Corp | 617 | ||||||||
12,928 | Trend Micro, Inc | 525 | ||||||||
127,300 | Uni-Charm Corp | 2,600 | ||||||||
325 | United Urban Investment Corp | 441 | ||||||||
26,930 | USS Co Ltd | 405 | ||||||||
39,800 | West Japan Railway Co | 2,751 | ||||||||
511,000 | Yahoo! Japan Corp | 2,077 | ||||||||
10,877 | Yakult Honsha Co Ltd | 532 | ||||||||
81,890 | Yamada Denki Co Ltd | 354 | ||||||||
74,406 | e | Yamaguchi Financial Group, Inc | 881 | |||||||
20,688 | Yamaha Corp | 500 | ||||||||
32,483 | Yamaha Motor Co Ltd | 728 | ||||||||
199,455 | Yamato Transport Co Ltd | 4,226 | ||||||||
13,553 | Yamazaki Baking Co Ltd | 305 | ||||||||
29,084 | Yaskawa Electric Corp | 396 | ||||||||
27,910 | Yokogawa Electric Corp | 336 | ||||||||
12,400 | Yokohama Rubber Co Ltd | 190 | ||||||||
TOTAL JAPAN | 1,555,041 | |||||||||
JERSEY, C.I. - 0.0% | ||||||||||
5,074 | Randgold Resources Ltd | 313 | ||||||||
TOTAL JERSEY, C.I. | 313 | |||||||||
KOREA, REPUBLIC OF - 0.1% | ||||||||||
29,000 | Hanssem Co Ltd | 5,683 | ||||||||
40,743 | KB Financial Group, Inc | 1,148 | ||||||||
20,000 | Samsung Fire & Marine Insurance Co Ltd | 5,228 | ||||||||
90,000 | Woongjin Coway Co Ltd | 6,408 | ||||||||
TOTAL KOREA, REPUBLIC OF | 18,467 |
209 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
LUXEMBOURG - 0.1% | ||||||||||
53,982 | e | ArcelorMittal | $ | 228 | ||||||
3,883,305 | B&M European Value Retail S.A. | 16,298 | ||||||||
3,482 | Millicom International Cellular S.A. | 200 | ||||||||
1,982 | RTL Group | 165 | ||||||||
17,363 | SES Global S.A. | 481 | ||||||||
26,136 | Tenaris S.A. | 310 | ||||||||
TOTAL LUXEMBOURG | 17,682 | |||||||||
MACAU - 0.0% | ||||||||||
109,792 | MGM China Holdings Ltd | 137 | ||||||||
171,383 | e | Wynn Macau Ltd | 199 | |||||||
TOTAL MACAU | 336 | |||||||||
MALAYSIA - 0.1% | ||||||||||
5,555,550 | Karex BHD | 5,335 | ||||||||
1,266,980 | Public Bank BHD | 5,459 | ||||||||
1,200,000 | Tenaga Nasional BHD | 3,715 | ||||||||
34,562 | * | YNH Property BHD | 15 | |||||||
TOTAL MALAYSIA | 14,524 | |||||||||
MEXICO - 0.1% | ||||||||||
12,058 | Fresnillo plc | 125 | ||||||||
700,000 | Gruma SAB de C.V. | 9,819 | ||||||||
TOTAL MEXICO | 9,944 | |||||||||
NETHERLANDS - 2.0% | ||||||||||
2,284,255 | *,g | ABN AMRO Group NV (ADR) | 51,311 | |||||||
96,644 | Aegon NV | 547 | ||||||||
495,956 | * | AerCap Holdings NV | 21,405 | |||||||
348,710 | Akzo Nobel NV | 23,300 | ||||||||
19,295 | Altice NV (Class A) | 277 | ||||||||
6,145 | * | Altice NV (Class B) | 90 | |||||||
454,969 | ASML Holding NV | 40,425 | ||||||||
44,600 | e | ASML Holding NV (ADR) | 3,959 | |||||||
4,826 | Boskalis Westminster | 197 | ||||||||
9,396 | DSM NV | 471 | ||||||||
226,241 | g | Euronext NV | 11,608 | |||||||
4,418 | Gemalto NV | 265 | ||||||||
5,386 | Heineken Holding NV | 415 | ||||||||
57,217 | Heineken NV | 4,876 | ||||||||
5,885,886 | ING Groep NV | 79,636 | ||||||||
1,371,962 | ING Groep NV (ADR) | 18,467 | ||||||||
44,150 | Koninklijke Ahold NV | 931 | ||||||||
50,563 | Koninklijke Philips Electronics NV | 1,291 | ||||||||
3,872 | Koninklijke Vopak NV | 167 | ||||||||
12,766 | NN Group NV | 450 | ||||||||
402,265 | * | NXP Semiconductors NV | 33,891 | |||||||
4,771 | *,e | OCI NV | 118 | |||||||
6,621 | Randstad Holdings NV | 412 | ||||||||
1,527,172 | Royal Dutch Shell plc (A Shares) | 34,589 | ||||||||
1,073,994 | Royal Dutch Shell plc (B Shares) | 24,477 |
210 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
172,316 | Royal KPN NV | $ | 652 | |||||||
25,786 | TNT Express NV | 218 | ||||||||
1,036,400 | * | TomTom NV | 13,030 | |||||||
186,394 | Wolters Kluwer NV | 6,260 | ||||||||
TOTAL NETHERLANDS | 373,735 | |||||||||
NEW ZEALAND - 0.1% | ||||||||||
4,000,000 | Air New Zealand Ltd | 8,067 | ||||||||
100,334 | Auckland International Airport Ltd | 394 | ||||||||
80,632 | Contact Energy Ltd | 261 | ||||||||
74,936 | Fletcher Building Ltd | 376 | ||||||||
139,064 | * | Meridian Energy Ltd | 227 | |||||||
76,573 | Mighty River Power Ltd | 145 | ||||||||
41,004 | e | Ryman Healthcare Ltd | 238 | |||||||
201,768 | Telecom Corp of New Zealand Ltd | 454 | ||||||||
TOTAL NEW ZEALAND | 10,162 | |||||||||
NORWAY - 0.3% | ||||||||||
786,071 | DNB NOR Holding ASA | 9,685 | ||||||||
11,146 | Gjensidige Forsikring BA | 178 | ||||||||
73,911 | Norsk Hydro ASA | 275 | ||||||||
44,608 | Orkla ASA | 352 | ||||||||
3,780 | Schibsted ASA | 124 | ||||||||
4,511 | * | Schibsted ASA (B Shares) | 144 | |||||||
2,957,610 | Statoil ASA | 41,249 | ||||||||
39,866 | Telenor ASA | 665 | ||||||||
9,681 | Yara International ASA | 416 | ||||||||
TOTAL NORWAY | 53,088 | |||||||||
PHILIPPINES - 0.1% | ||||||||||
20,895,900 | * | Melco Crown Philippines Resorts Corp | 1,011 | |||||||
4,174,604 | Metropolitan Bank & Trust | 7,121 | ||||||||
8,245,950 | Robinsons Retail Holdings, Inc | 11,048 | ||||||||
TOTAL PHILIPPINES | 19,180 | |||||||||
PORTUGAL - 0.0% | ||||||||||
2,221,305 | *,e | Banco Comercial Portugues S.A. | 118 | |||||||
124,476 | Energias de Portugal S.A. | 448 | ||||||||
21,129 | Galp Energia SGPS S.A. | 247 | ||||||||
660,231 | Jeronimo Martins SGPS S.A. | 8,591 | ||||||||
TOTAL PORTUGAL | 9,404 | |||||||||
RUSSIA - 0.1% | ||||||||||
1,319,800 | Sberbank of Russian Federation (ADR) | 7,742 | ||||||||
203,100 | * | X 5 Retail Group NV (GDR) | 3,849 | |||||||
TOTAL RUSSIA | 11,591 | |||||||||
SINGAPORE - 0.3% | ||||||||||
223,755 | Ascendas REIT | 359 | ||||||||
150,943 | Avago Technologies Ltd | 21,909 | ||||||||
211,397 | CapitaCommercial Trust | 201 |
211 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
813,046 | CapitaLand Ltd | $ | 1,911 | |||||||
684,617 | CapitaMall Trust | 929 | ||||||||
143,900 | City Developments Ltd | 774 | ||||||||
230,648 | ComfortDelgro Corp Ltd | 494 | ||||||||
761,006 | DBS Group Holdings Ltd | 8,919 | ||||||||
665,192 | Genting International plc | 359 | ||||||||
1,980,195 | Global Logistic Properties | 2,990 | ||||||||
772,465 | Golden Agri-Resources Ltd | 184 | ||||||||
628,347 | Hutchison Port Holdings Trust | 332 | ||||||||
12,466 | Jardine Cycle & Carriage Ltd | 305 | ||||||||
439,568 | e | Keppel Corp Ltd | 2,008 | |||||||
54,756 | Keppel Infrastructure Trust | 20 | ||||||||
78,567 | K-REIT Asia | 51 | ||||||||
502,154 | Oversea-Chinese Banking Corp | 3,104 | ||||||||
107,548 | SembCorp Industries Ltd | 230 | ||||||||
378,417 | e | SembCorp Marine Ltd | 466 | |||||||
162,184 | Singapore Airlines Ltd | 1,278 | ||||||||
278,943 | Singapore Exchange Ltd | 1,509 | ||||||||
544,125 | e | Singapore Press Holdings Ltd | 1,508 | |||||||
504,207 | Singapore Technologies Engineering Ltd | 1,066 | ||||||||
2,731,491 | Singapore Telecommunications Ltd | 7,042 | ||||||||
70,230 | StarHub Ltd | 183 | ||||||||
260,800 | Suntec Real Estate Investment Trust | 284 | ||||||||
282,468 | United Overseas Bank Ltd | 3,894 | ||||||||
52,909 | e | United Overseas Land Ltd | 232 | |||||||
209,662 | Wilmar International Ltd | 433 | ||||||||
1,660,700 | Yanlord Land Group Ltd | 1,175 | ||||||||
TOTAL SINGAPORE | 64,149 | |||||||||
SOUTH AFRICA - 0.1% | ||||||||||
30,050 | Investec plc | 212 | ||||||||
560,306 | Mondi plc | 10,982 | ||||||||
32,300 | Naspers Ltd (N Shares) | 4,415 | ||||||||
90,000 | Sasol Ltd | 2,430 | ||||||||
TOTAL SOUTH AFRICA | 18,039 | |||||||||
SPAIN - 0.7% | ||||||||||
27,507 | Abertis Infraestructuras S.A. (Continuous) | 430 | ||||||||
80,000 | e | Acciona S.A. | 6,851 | |||||||
10,431 | ACS Actividades Construccion y Servicios S.A. | 305 | ||||||||
3,574 | *,g | Aena S.A. | 409 | |||||||
612,725 | Amadeus IT Holding S.A. | 27,006 | ||||||||
338,842 | Banco Bilbao Vizcaya Argentaria S.A. | 2,476 | ||||||||
268,129 | e | Banco de Sabadell S.A. | 475 | |||||||
90,790 | Banco Popular Espanol S.A. | 299 | ||||||||
1,341,058 | Banco Santander Central Hispano S.A. | 6,597 | ||||||||
245,302 | e | Bankia S.A. | 285 | |||||||
35,382 | Bankinter S.A. | 251 | ||||||||
160,000 | g | Cellnex Telecom SAU | 2,991 | |||||||
60,194 | e | Corp Mapfre S.A. | 151 | |||||||
140,373 | e | Criteria CaixaBank S.A. | 489 | |||||||
932,063 | Distribuidora Internacional de Alimentacion S.A. | 5,497 |
212 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
11,768 | e | Enagas | $ | 332 | ||||||
1,032,970 | Endesa S.A. | 20,752 | ||||||||
24,582 | Ferrovial S.A. | 556 | ||||||||
219,189 | Gas Natural SDG S.A. | 4,470 | ||||||||
300,000 | Gestevision Telecinco S.A. | 3,264 | ||||||||
7,905 | Grifols S.A. | 365 | ||||||||
4,133,436 | Iberdrola S.A. | 29,302 | ||||||||
58,529 | Inditex S.A. | 2,011 | ||||||||
129,390 | *,e,m | Let's GOWEX S.A. | 1 | |||||||
5,754 | Red Electrica de Espana | 481 | ||||||||
308,884 | Repsol YPF S.A. | 3,401 | ||||||||
235,400 | e | Tecnicas Reunidas S.A. | 8,900 | |||||||
583,317 | * | Telefonica S.A. | 6,471 | |||||||
8,599 | e | Zardoya Otis S.A. | 101 | |||||||
TOTAL SPAIN | 134,919 | |||||||||
SWEDEN - 0.8% | ||||||||||
16,147 | Alfa Laval AB | 295 | ||||||||
278,011 | Assa Abloy AB | 5,820 | ||||||||
35,890 | Atlas Copco AB (A Shares) | 880 | ||||||||
20,736 | Atlas Copco AB (B Shares) | 477 | ||||||||
13,339 | e | Autoliv, Inc | 1,664 | |||||||
804,906 | Boliden AB | 13,486 | ||||||||
1,188,383 | Electrolux AB (Series B) | 28,673 | ||||||||
163,116 | Ericsson (LM) (B Shares) | 1,573 | ||||||||
10,515 | Getinge AB (B Shares) | 275 | ||||||||
50,896 | Hennes & Mauritz AB (B Shares) | 1,810 | ||||||||
298,562 | Hexagon AB (B Shares) | 11,045 | ||||||||
21,265 | Husqvarna AB (B Shares) | 140 | ||||||||
4,197 | ICA Gruppen AB | 152 | ||||||||
9,407 | Industrivarden AB | 161 | ||||||||
713,283 | Intrum Justitia AB | 24,271 | ||||||||
23,976 | Investor AB (B Shares) | 881 | ||||||||
200,000 | JM AB | 5,954 | ||||||||
965,522 | Kinnevik Investment AB (Series B) | 29,739 | ||||||||
11,752 | * | Lundin Petroleum AB | 170 | |||||||
200,000 | NCC AB (B Shares) | 6,205 | ||||||||
162,895 | Nordea Bank AB | 1,787 | ||||||||
56,598 | Sandvik AB | 493 | ||||||||
15,665 | Securitas AB (B Shares) | 240 | ||||||||
80,962 | Skandinaviska Enskilda Banken AB (Class A) | 851 | ||||||||
20,864 | Skanska AB (B Shares) | 405 | ||||||||
21,937 | SKF AB (B Shares) | 354 | ||||||||
31,713 | Svenska Cellulosa AB (B Shares) | 919 | ||||||||
80,584 | Svenska Handelsbanken AB | 1,070 | ||||||||
248,618 | Swedbank AB (A Shares) | 5,475 | ||||||||
10,829 | Swedish Match AB | 383 | ||||||||
17,112 | Tele2 AB | 171 | ||||||||
138,298 | TeliaSonera AB | 687 | ||||||||
593,299 | Volvo AB (B Shares) | 5,501 | ||||||||
TOTAL SWEDEN | 152,007 |
213 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
SWITZERLAND - 4.2% | ||||||||||
117,760 | ABB Ltd | $ | 2,102 | |||||||
66,525 | Actelion Ltd | 9,243 | ||||||||
401,840 | Adecco S.A. | 27,503 | ||||||||
4,570 | Aryzta AG. | 231 | ||||||||
54,751 | Baloise Holding AG. | 6,939 | ||||||||
129 | e | Barry Callebaut AG. | 140 | |||||||
402,443 | Cie Financiere Richemont S.A. | 28,804 | ||||||||
180,000 | Clariant AG. | 3,413 | ||||||||
10,549 | Coca-Cola HBC AG. | 225 | ||||||||
789,192 | Credit Suisse Group | 17,001 | ||||||||
2,209 | * | Dufry Group | 263 | |||||||
450 | EMS-Chemie Holding AG. | 198 | ||||||||
7,200 | Flughafen Zuerich AG. | 5,402 | ||||||||
1,956 | Galenica AG. | 3,060 | ||||||||
2,021 | Geberit AG. | 685 | ||||||||
8,000 | Georg Fischer AG. | 5,431 | ||||||||
488 | Givaudan S.A. | 886 | ||||||||
657,773 | Glencore Xstrata plc | 872 | ||||||||
618,130 | Holcim Ltd | 30,953 | ||||||||
11,739 | Julius Baer Group Ltd | 568 | ||||||||
8,000 | Kaba Holding AG. | 5,433 | ||||||||
2,880 | Kuehne & Nagel International AG. | 395 | ||||||||
215,427 | * | LafargeHolcim Ltd | 10,897 | |||||||
51 | Lindt & Spruengli AG. | 318 | ||||||||
5 | Lindt & Spruengli AG. (Registered) | 372 | ||||||||
303,192 | Lonza Group AG. | 49,310 | ||||||||
1,198,394 | Nestle S.A. | 88,963 | ||||||||
2,063,418 | Novartis AG. | 177,494 | ||||||||
1,212 | Pargesa Holding S.A. | 77 | ||||||||
879 | Partners Group | 316 | ||||||||
2,923 | Phonak Holding AG. | 371 | ||||||||
358,839 | Roche Holding AG. | 99,437 | ||||||||
2,315 | Schindler Holding AG. | 387 | ||||||||
1,027 | Schindler Holding AG. (Registered) | 173 | ||||||||
301 | SGS S.A. | 572 | ||||||||
114 | Sika AG. | 412 | ||||||||
33,005 | STMicroelectronics NV | 221 | ||||||||
882 | Sulzer AG. | 83 | ||||||||
1,704 | e | Swatch Group AG. | 592 | |||||||
2,461 | Swatch Group AG. (Registered) | 166 | ||||||||
1,771 | Swiss Life Holding | 477 | ||||||||
3,711 | Swiss Prime Site AG. | 290 | ||||||||
520,703 | Swiss Re Ltd | 50,855 | ||||||||
1,370 | Swisscom AG. | 686 | ||||||||
18,994 | Syngenta AG. | 7,434 | ||||||||
545,553 | TE Connectivity Ltd | 35,248 | ||||||||
4,103,539 | UBS AG. | 79,606 | ||||||||
514,994 | Wolseley plc | 27,971 | ||||||||
8,011 | Zurich Financial Services AG. | 2,058 | ||||||||
TOTAL SWITZERLAND | 784,533 |
214 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
TAIWAN - 0.3% | ||||||||||
11,940,000 | Advanced Semiconductor Engineering, Inc | $ | 13,716 | |||||||
150,000 | Catcher Technology Co Ltd | 1,251 | ||||||||
1,051,965 | Eclat Textile Co Ltd | 14,455 | ||||||||
2,781,746 | Hota Industrial Manufacturing Co Ltd | 10,178 | ||||||||
447,200 | King Slide Works Co Ltd | 5,780 | ||||||||
2,300,000 | Pegatron Technology Corp | 5,002 | ||||||||
TOTAL TAIWAN | 50,382 | |||||||||
THAILAND - 0.0% | ||||||||||
3,000,000 | Delta Electronics Thai PCL | 6,339 | ||||||||
TOTAL THAILAND | 6,339 | |||||||||
UNITED ARAB EMIRATES - 0.0% | ||||||||||
473,008 | * | Emaar Malls Group PJSC | 354 | |||||||
4,715,574 | Emaar Properties PJSC | 7,251 | ||||||||
TOTAL UNITED ARAB EMIRATES | 7,605 | |||||||||
UNITED KINGDOM - 7.2% | ||||||||||
54,089 | 3i Group plc | 383 | ||||||||
50,171 | e | Aberdeen Asset Management plc | 214 | |||||||
10,950 | Admiral Group plc | 268 | ||||||||
14,132 | Aggreko plc | 190 | ||||||||
899,830 | * | Aldermore Group plc | 3,070 | |||||||
21,481 | AMEC plc | 136 | ||||||||
74,577 | Anglo American plc (London) | 327 | ||||||||
3,001,727 | ARM Holdings plc | 45,752 | ||||||||
2,710,259 | Ashtead Group plc | 44,605 | ||||||||
110,100 | * | ASOS plc | 5,594 | |||||||
1,222,133 | Associated British Foods plc | 60,138 | ||||||||
497,551 | AstraZeneca plc | 33,608 | ||||||||
3,580,453 | *,g | Auto Trader Group plc | 23,344 | |||||||
666,898 | Aviva plc | 5,062 | ||||||||
13,962 | Babcock International Group | 209 | ||||||||
167,522 | BAE Systems plc | 1,233 | ||||||||
28,936,967 | Barclays plc | 93,141 | ||||||||
53,354 | Barratt Developments plc | 492 | ||||||||
300,000 | Bellway plc | 12,544 | ||||||||
871,043 | * | Belmond Ltd. | 8,275 | |||||||
182,934 | BG Group plc | 2,652 | ||||||||
4,618,114 | BP plc | 23,999 | ||||||||
99,915 | British American Tobacco plc | 5,549 | ||||||||
301,188 | British Land Co plc | 3,485 | ||||||||
2,524,173 | Britvic plc | 27,045 | ||||||||
1,123,909 | BT Group plc | 7,804 | ||||||||
17,561 | Bunzl plc | 487 | ||||||||
23,722 | Burberry Group plc | 417 | ||||||||
34,723 | Capita Group plc | 618 | ||||||||
267,247 | Centrica plc | 858 | ||||||||
686,400 | Cineworld Group plc | 5,691 | ||||||||
160,000 | Close Brothers Group plc | 3,155 | ||||||||
53,063 | CNH Industrial NV | 363 |
215 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
61,145 | Cobham plc | $ | 255 | |||||||
464,221 | Compass Group plc | 8,044 | ||||||||
136,700 | Consort Medical plc | 2,329 | ||||||||
67,497 | Croda International plc | 3,024 | ||||||||
60,000 | DCC plc | 5,013 | ||||||||
845,071 | Delphi Automotive plc | 72,448 | ||||||||
134,547 | Diageo plc | 3,674 | ||||||||
73,664 | Direct Line Insurance Group plc | 442 | ||||||||
1,290,245 | easyJet plc | 33,091 | ||||||||
2,072,667 | *,e | Fiat DaimlerChrysler Automobiles NV | 28,785 | |||||||
91,242 | GKN plc | 414 | ||||||||
1,006,424 | GlaxoSmithKline plc | 20,326 | ||||||||
84,147 | Group 4 Securicor plc | 280 | ||||||||
43,003 | Hammerson plc | 380 | ||||||||
13,518 | Hargreaves Lansdown plc | 300 | ||||||||
8,557,727 | Hays plc | 18,379 | ||||||||
3,665,344 | HSBC Holdings plc | 28,935 | ||||||||
300,000 | HSBC Holdings plc (Hong Kong) | 2,372 | ||||||||
28,901 | ICAP plc | 217 | ||||||||
15,030 | IMI plc | 191 | ||||||||
191,431 | Imperial Tobacco Group plc | 10,111 | ||||||||
1,000,000 | Inchcape plc | 11,538 | ||||||||
23,980 | Inmarsat plc | 402 | ||||||||
12,324 | InterContinental Hotels Group plc | 480 | ||||||||
42,222 | International Consolidated Airlines Group S.A. | 378 | ||||||||
7,459,455 | International Consolidated Airlines Group S.A. (London) | 67,068 | ||||||||
8,910 | Intertek Group plc | 364 | ||||||||
202,509 | ITV plc | 824 | ||||||||
68,981 | e | J Sainsbury plc | 263 | |||||||
11,345 | Johnson Matthey plc | 444 | ||||||||
1,866,414 | * | Just Eat plc | 13,552 | |||||||
121,532 | Kingfisher plc | 589 | ||||||||
42,761 | Land Securities Group plc | 741 | ||||||||
10,210,803 | Legal & General Group plc | 40,291 | ||||||||
193,208 | * | Liberty Global plc | 7,877 | |||||||
523,525 | * | Liberty Global plc (Class A) | 22,177 | |||||||
1,652 | * | Liberty Global plc LiLAC (Class A) | 68 | |||||||
1,902 | * | Liberty Global plc LiLAC (Class C) | 82 | |||||||
51,239 | Liberty International plc | 239 | ||||||||
10,461,549 | Lloyds TSB Group plc | 11,257 | ||||||||
16,899 | London Stock Exchange Group plc | 684 | ||||||||
6,800,024 | Man Group plc | 17,493 | ||||||||
88,394 | Marks & Spencer Group plc | 589 | ||||||||
42,019 | Meggitt plc | 232 | ||||||||
53,653 | Melrose Industries plc | 230 | ||||||||
39,039 | g | Merlin Entertainments plc | 262 | |||||||
200,381 | National Grid plc | 2,764 | ||||||||
51,009 | New Carphone Warehouse plc | 375 | ||||||||
331,052 | Next plc | 35,545 | ||||||||
265,145 | Old Mutual plc | 698 | ||||||||
447,100 | OneSavings Bank plc | 2,341 | ||||||||
43,742 | Pearson plc | 473 |
216 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
16,330 | Pentair plc | $ | 809 | |||||||
15,903 | Persimmon plc | 474 | ||||||||
13,514 | Petrofac Ltd | 159 | ||||||||
7,823 | Provident Financial plc | 388 | ||||||||
3,580,231 | Prudential plc | 80,661 | ||||||||
84,292 | Reckitt Benckiser Group plc | 7,799 | ||||||||
564,021 | Reed Elsevier NV | 9,499 | ||||||||
59,346 | Reed Elsevier plc | 1,047 | ||||||||
37,275 | Rexam plc | 332 | ||||||||
227,462 | Rightmove plc | 13,823 | ||||||||
127,819 | Rio Tinto Ltd | 4,134 | ||||||||
565,629 | Rio Tinto plc | 16,468 | ||||||||
95,873 | Rolls-Royce Group plc | 812 | ||||||||
183,524 | * | Royal Bank of Scotland Group plc | 816 | |||||||
45,709 | Royal Mail plc | 299 | ||||||||
53,461 | RSA Insurance Group plc | 336 | ||||||||
815,543 | SABMiller plc | 48,789 | ||||||||
57,786 | Sage Group plc | 513 | ||||||||
6,892 | Schroders plc | 302 | ||||||||
53,080 | Scottish & Southern Energy plc | 1,192 | ||||||||
41,436 | Segro plc | 262 | ||||||||
11,939 | Severn Trent plc | 382 | ||||||||
310,465 | *,g | Shawbrook Group plc | 1,602 | |||||||
3,005,181 | Sky plc | 49,263 | ||||||||
47,365 | Smith & Nephew plc | 844 | ||||||||
21,840 | Smiths Group plc | 302 | ||||||||
14,312 | * | Sports Direct International plc | 122 | |||||||
28,965 | St. James's Place plc | 429 | ||||||||
695,113 | Standard Chartered plc | 5,767 | ||||||||
103,102 | Standard Life plc | 590 | ||||||||
23,591 | Tate & Lyle plc | 208 | ||||||||
4,077,475 | Taylor Wimpey plc | 12,189 | ||||||||
434,130 | * | Tesco plc | 954 | |||||||
1,100,721 | Travis Perkins plc | 31,932 | ||||||||
87,101 | Unilever NV | 3,796 | ||||||||
133,632 | Unilever plc | 5,732 | ||||||||
36,300 | United Utilities Group plc | 500 | ||||||||
1,000,900 | Vesuvius plc | 4,928 | ||||||||
1,791,586 | Virgin Money Holdings UK plc | 10,042 | ||||||||
13,113,250 | Vodafone Group plc | 42,523 | ||||||||
11,799 | Weir Group plc | 173 | ||||||||
230,000 | WH Smith plc | 5,976 | ||||||||
346,075 | Whitbread plc | 22,431 | ||||||||
48,917 | William Hill plc | 285 | ||||||||
114,961 | e | WM Morrison Supermarkets plc | 251 | |||||||
2,193,072 | WPP plc | 50,445 | ||||||||
�� | TOTAL UNITED KINGDOM | 1,340,618 | ||||||||
UNITED STATES - 57.2% | ||||||||||
190,477 | 3M Co | 28,693 | ||||||||
60,000 | A.O. Smith Corp | 4,597 | ||||||||
191,200 | Aaron's, Inc | 4,281 |
217 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
1,012,962 | Abbott Laboratories | $ | 45,492 | |||||||
884,853 | AbbVie, Inc | 52,419 | ||||||||
27,878 | e | Abercrombie & Fitch Co (Class A) | 753 | |||||||
228,502 | Accenture plc | 23,878 | ||||||||
304,393 | ACE Ltd | 35,568 | ||||||||
110,273 | Activision Blizzard, Inc | 4,269 | ||||||||
18,307 | Acuity Brands, Inc | 4,280 | ||||||||
196,257 | * | Adobe Systems, Inc | 18,436 | |||||||
56,404 | e | ADT Corp | 1,860 | |||||||
21,353 | Advance Auto Parts, Inc | 3,214 | ||||||||
81,328 | AES Corp | 778 | ||||||||
430,373 | Aetna Inc | 46,532 | ||||||||
21,301 | * | Affiliated Managers Group, Inc | 3,403 | |||||||
55,106 | Aflac, Inc | 3,301 | ||||||||
21,184 | e | AGCO Corp | 962 | |||||||
91,996 | Agilent Technologies, Inc | 3,846 | ||||||||
9,479 | AGL Resources, Inc | 605 | ||||||||
40,555 | Air Products & Chemicals, Inc | 5,277 | ||||||||
14,952 | Airgas, Inc | 2,068 | ||||||||
39,953 | * | Akamai Technologies, Inc | 2,103 | |||||||
99,100 | Alaska Air Group, Inc | 7,979 | ||||||||
686,526 | Albemarle Corp | 38,452 | ||||||||
175,336 | Alcoa, Inc | 1,731 | ||||||||
347,311 | * | Alexion Pharmaceuticals, Inc | 66,250 | |||||||
147,435 | * | Alkermes plc | 11,703 | |||||||
3,194 | * | Alleghany Corp | 1,527 | |||||||
16,000 | Allegiant Travel Co | 2,685 | ||||||||
410,150 | * | Allergan plc | 128,172 | |||||||
94,960 | * | Alliance Data Systems Corp | 26,263 | |||||||
34,125 | Alliant Energy Corp | 2,131 | ||||||||
174,608 | Allstate Corp | 10,841 | ||||||||
39,793 | * | Ally Financial, Inc | 742 | |||||||
13,797 | * | Alnylam Pharmaceuticals, Inc | 1,299 | |||||||
100,113 | * | Alphabet, Inc (Class A) | 77,889 | |||||||
271,069 | * | Alphabet, Inc (Class C) | 205,709 | |||||||
477,389 | Altria Group, Inc | 27,789 | ||||||||
226,703 | * | Amazon.com, Inc | 153,226 | |||||||
65,000 | * | AMC Networks, Inc | 4,854 | |||||||
120,000 | Amdocs Ltd | 6,548 | ||||||||
11,502 | Amerco, Inc | 4,480 | ||||||||
69,308 | Ameren Corp | 2,996 | ||||||||
16,911 | American Airlines Group, Inc | 716 | ||||||||
117,238 | American Capital Agency Corp | 2,033 | ||||||||
435,775 | American Electric Power Co, Inc | 25,393 | ||||||||
218,576 | American Express Co | 15,202 | ||||||||
149,900 | American Financial Group, Inc | 10,805 | ||||||||
191,177 | American International Group, Inc | 11,847 | ||||||||
97,225 | American Tower Corp | 9,426 | ||||||||
121,507 | American Water Works Co, Inc | 7,260 | ||||||||
131,109 | Ameriprise Financial, Inc | 13,953 | ||||||||
67,472 | AmerisourceBergen Corp | 6,998 | ||||||||
27,443 | Ametek, Inc | 1,471 |
218 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
290,073 | Amgen, Inc | $ | 47,088 | |||||||
100,772 | Amphenol Corp (Class A) | 5,263 | ||||||||
105,666 | Anadarko Petroleum Corp | 5,133 | ||||||||
67,271 | Analog Devices, Inc | 3,721 | ||||||||
320,601 | Annaly Capital Management, Inc | 3,007 | ||||||||
14,782 | * | Ansys, Inc | 1,367 | |||||||
8,568 | *,e | Antero Resources Corp | 187 | |||||||
183,998 | Anthem, Inc | 25,657 | ||||||||
57,325 | Aon plc | 5,286 | ||||||||
618,031 | Apache Corp | 27,484 | ||||||||
3,194,788 | Apple, Inc | 336,283 | ||||||||
160,170 | Applied Materials, Inc | 2,990 | ||||||||
18,309 | ARAMARK Holdings Corp | 590 | ||||||||
45,071 | * | Arch Capital Group Ltd | 3,144 | |||||||
187,263 | Archer Daniels Midland Co | 6,869 | ||||||||
11,639 | * | Arrow Electronics, Inc | 631 | |||||||
13,109 | Arthur J. Gallagher & Co | 537 | ||||||||
42,000 | * | Asbury Automotive Group, Inc | 2,832 | |||||||
10,051 | Ashland, Inc | 1,032 | ||||||||
19,420 | Assurant, Inc | 1,564 | ||||||||
1,080,098 | AT&T, Inc | 37,166 | ||||||||
326,700 | * | Autodesk, Inc | 19,906 | |||||||
81,419 | Automatic Data Processing, Inc | 6,898 | ||||||||
135,084 | * | Autonation, Inc | 8,059 | |||||||
28,779 | * | AutoZone, Inc | 21,351 | |||||||
22,146 | AvalonBay Communities, Inc | 4,078 | ||||||||
25,384 | Avery Dennison Corp | 1,591 | ||||||||
308,058 | * | Avis Budget Group, Inc | 11,179 | |||||||
19,650 | Avnet, Inc | 842 | ||||||||
25,432 | * | Axalta Coating Systems Ltd | 678 | |||||||
166,701 | Axiall Corp | 2,567 | ||||||||
179,210 | Axis Capital Holdings Ltd | 10,075 | ||||||||
149,364 | Baker Hughes, Inc | 6,893 | ||||||||
29,627 | Ball Corp | 2,155 | ||||||||
6,395,526 | Bank of America Corp | 107,637 | ||||||||
99,416 | Bank of New York Mellon Corp | 4,098 | ||||||||
18,874 | Bard (C.R.), Inc | 3,575 | ||||||||
269,624 | Baxalta, Inc | 10,523 | ||||||||
322,731 | Baxter International, Inc | 12,312 | ||||||||
84,235 | BB&T Corp | 3,185 | ||||||||
18,012 | BE Aerospace, Inc | 763 | ||||||||
52,926 | Becton Dickinson & Co | 8,155 | ||||||||
90,706 | * | Bed Bath & Beyond, Inc | 4,377 | |||||||
227,064 | * | Berkshire Hathaway, Inc (Class B) | 29,982 | |||||||
906,879 | * | Berry Plastics Group, Inc | 32,811 | |||||||
536,971 | Best Buy Co, Inc | 16,351 | ||||||||
386,247 | e | Big Lots, Inc | 14,886 | |||||||
83,681 | * | Biogen Idec, Inc | 25,636 | |||||||
90,503 | * | BioMarin Pharmaceutical, Inc | 9,481 | |||||||
32,910 | BlackRock, Inc | 11,207 | ||||||||
218,000 | Blackstone Group LP | 6,374 | ||||||||
685,434 | *,e | Blue Buffalo Pet Products, Inc | 12,824 |
219 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
91,569 | Boeing Co | $ | 13,240 | |||||||
24,046 | BorgWarner, Inc | 1,040 | ||||||||
22,242 | Boston Properties, Inc | 2,837 | ||||||||
501,132 | * | Boston Scientific Corp | 9,241 | |||||||
90,000 | Brinker International, Inc | 4,315 | ||||||||
476,884 | Bristol-Myers Squibb Co | 32,805 | ||||||||
1,148,043 | Brixmor Property Group, Inc | 29,642 | ||||||||
110,310 | Broadcom Corp (Class A) | 6,378 | ||||||||
660,000 | Brocade Communications Systems, Inc | 6,059 | ||||||||
14,804 | Brown-Forman Corp (Class B) | 1,470 | ||||||||
28,941 | Bunge Ltd | 1,976 | ||||||||
747,896 | BWX Technologies, Inc | 23,761 | ||||||||
41,986 | CA, Inc | 1,199 | ||||||||
83,308 | Cablevision Systems Corp (Class A) | 2,658 | ||||||||
88,905 | Cabot Oil & Gas Corp | 1,573 | ||||||||
97,000 | * | CACI International, Inc (Class A) | 9,000 | |||||||
55,000 | e | Cal-Maine Foods, Inc | 2,549 | |||||||
62,246 | * | Calpine Corp | 901 | |||||||
29,353 | Camden Property Trust | 2,253 | ||||||||
47,007 | * | Cameron International Corp | 2,971 | |||||||
37,986 | Campbell Soup Co | 1,996 | ||||||||
194,840 | Capital One Financial Corp | 14,064 | ||||||||
153,368 | Cardinal Health, Inc | 13,691 | ||||||||
28,894 | Care Capital Properties, Inc | 883 | ||||||||
92,573 | * | Carmax, Inc | 4,996 | |||||||
86,663 | Carnival Corp | 4,721 | ||||||||
9,892 | Carnival plc | 564 | ||||||||
150,000 | Carter's, Inc | 13,354 | ||||||||
48,983 | e | Caterpillar, Inc | 3,329 | |||||||
929,050 | * | CBRE Group, Inc | 32,127 | |||||||
613,117 | CBS Corp (Class B) | 28,896 | ||||||||
15,605 | CDK Global, Inc | 741 | ||||||||
236,405 | CDW Corp | 9,938 | ||||||||
32,375 | Celanese Corp (Series A) | 2,180 | ||||||||
950,269 | * | Celgene Corp | 113,804 | |||||||
21,491 | * | Centene Corp | 1,414 | |||||||
117,993 | Centerpoint Energy, Inc | 2,166 | ||||||||
74,456 | CenturyTel, Inc | 1,873 | ||||||||
66,719 | * | Cerner Corp | 4,014 | |||||||
343,955 | CF Industries Holdings, Inc | 14,037 | ||||||||
30,612 | CH Robinson Worldwide, Inc | 1,899 | ||||||||
723,243 | Charles Schwab Corp | 23,816 | ||||||||
25,809 | *,e | Charter Communications, Inc | 4,726 | |||||||
40,000 | Chemed Corp | 5,992 | ||||||||
23,713 | * | Cheniere Energy, Inc | 883 | |||||||
60,737 | e | Chesapeake Energy Corp | 273 | |||||||
817,896 | Chevron Corp | 73,578 | ||||||||
144,268 | e | Chicago Bridge & Iron Co NV | 5,625 | |||||||
8,976 | * | Chipotle Mexican Grill, Inc (Class A) | 4,307 | |||||||
26,958 | Chubb Corp | 3,576 | ||||||||
71,725 | Church & Dwight Co, Inc | 6,088 | ||||||||
76,700 | * | Ciena Corp | 1,587 |
220 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
169,823 | Cigna Corp | $ | 24,850 | |||||||
22,272 | Cimarex Energy Co | 1,991 | ||||||||
25,035 | Cincinnati Financial Corp | 1,481 | ||||||||
32,393 | Cintas Corp | 2,949 | ||||||||
4,293,630 | Cisco Systems, Inc | 116,594 | ||||||||
169,726 | CIT Group, Inc | 6,738 | ||||||||
1,381,728 | Citigroup, Inc | 71,505 | ||||||||
55,327 | Citizens Financial Group, Inc | 1,449 | ||||||||
331,134 | * | Citrix Systems, Inc | 25,050 | |||||||
233,800 | *,e | Cliffs Natural Resources, Inc | 369 | |||||||
61,152 | Clorox Co | 7,756 | ||||||||
53,641 | CME Group, Inc | 4,860 | ||||||||
736,881 | CMS Energy Corp | 26,587 | ||||||||
762,775 | Coach, Inc | 24,966 | ||||||||
31,225 | * | Cobalt International Energy, Inc | 169 | |||||||
2,579,960 | Coca-Cola Co | 110,835 | ||||||||
89,864 | Coca-Cola Enterprises, Inc | 4,425 | ||||||||
271,323 | * | Cognizant Technology Solutions Corp (Class A) | 16,285 | |||||||
87,812 | Colgate-Palmolive Co | 5,850 | ||||||||
70,355 | Columbia Pipeline Group, Inc | 1,407 | ||||||||
2,625,010 | Comcast Corp (Class A) | 148,129 | ||||||||
22,003 | Comerica, Inc | 920 | ||||||||
200,000 | * | CommScope Holding Co, Inc | 5,178 | |||||||
3,482 | Communications Sales & Leasing, Inc | 65 | ||||||||
100,000 | * | Community Health Systems, Inc | 2,653 | |||||||
146,033 | Computer Sciences Corp | 4,772 | ||||||||
71,066 | ConAgra Foods, Inc | 2,996 | ||||||||
547,991 | * | Concho Resources, Inc | 50,886 | |||||||
191,325 | ConocoPhillips | 8,933 | ||||||||
300,000 | Conseco, Inc | 5,727 | ||||||||
13,656 | e | Consol Energy, Inc | 108 | |||||||
87,969 | Consolidated Edison, Inc | 5,654 | ||||||||
36,981 | Constellation Brands, Inc (Class A) | 5,268 | ||||||||
204,641 | * | Continental Resources, Inc | 4,703 | |||||||
8,608 | Cooper Cos, Inc | 1,155 | ||||||||
23,702 | e | Core Laboratories NV | 2,577 | |||||||
241,406 | Corning, Inc | 4,413 | ||||||||
175,516 | Costco Wholesale Corp | 28,346 | ||||||||
22,500 | *,e | Credit Acceptance Corp | 4,815 | |||||||
101,575 | Crown Castle International Corp | 8,781 | ||||||||
486,489 | * | Crown Holdings, Inc | 24,665 | |||||||
130,943 | * | CSRA, Inc | 3,928 | |||||||
574,110 | CSX Corp | 14,898 | ||||||||
84,971 | Cummins, Inc | 7,478 | ||||||||
1,118,980 | CVS Health Corp | 109,403 | ||||||||
130,514 | Danaher Corp | 12,122 | ||||||||
93,239 | Darden Restaurants, Inc | 5,934 | ||||||||
124,782 | * | DaVita, Inc | 8,699 | |||||||
44,402 | e | Deere & Co | 3,387 | |||||||
1,039,127 | Delta Air Lines, Inc | 52,673 | ||||||||
110,000 | Deluxe Corp | 5,999 | ||||||||
22,323 | Dentsply International, Inc | 1,358 |
221 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
78,540 | Devon Energy Corp | $ | 2,513 | |||||||
17,978 | e | Diamond Offshore Drilling, Inc | 379 | |||||||
360,691 | * | Diamondback Energy, Inc | 24,130 | |||||||
122,837 | Dick's Sporting Goods, Inc | 4,342 | ||||||||
41,220 | Digital Realty Trust, Inc | 3,117 | ||||||||
62,578 | Discover Financial Services | 3,355 | ||||||||
31,268 | *,e | Discovery Communications, Inc (Class A) | 834 | |||||||
44,607 | * | Discovery Communications, Inc (Class C) | 1,125 | |||||||
88,690 | * | DISH Network Corp (Class A) | 5,071 | |||||||
886,531 | Dollar General Corp | 63,715 | ||||||||
68,439 | * | Dollar Tree, Inc | 5,285 | |||||||
105,324 | Dominion Resources, Inc | 7,124 | ||||||||
18,214 | Dover Corp | 1,117 | ||||||||
778,507 | Dow Chemical Co | 40,078 | ||||||||
153,809 | DR Horton, Inc | 4,927 | ||||||||
122,668 | Dr Pepper Snapple Group, Inc | 11,433 | ||||||||
41,200 | DST Systems, Inc | 4,699 | ||||||||
52,282 | DTE Energy Co | 4,192 | ||||||||
716,987 | Du Pont (E.I.) de Nemours & Co | 47,751 | ||||||||
85,705 | Duke Energy Corp | 6,118 | ||||||||
89,970 | Duke Realty Corp | 1,891 | ||||||||
7,778 | Dun & Bradstreet Corp | 808 | ||||||||
120,064 | * | E*TRADE Financial Corp | 3,559 | |||||||
316,735 | East West Bancorp, Inc | 13,164 | ||||||||
32,925 | Eastman Chemical Co | 2,223 | ||||||||
63,223 | Eaton Corp | 3,290 | ||||||||
15,344 | Eaton Vance Corp | 498 | ||||||||
113,999 | * | eBay, Inc | 3,133 | |||||||
46,796 | Ecolab, Inc | 5,353 | ||||||||
11,523 | Edgewell Personal Care Co | 903 | ||||||||
112,009 | Edison International | 6,632 | ||||||||
116,876 | * | Edwards Lifesciences Corp | 9,231 | |||||||
65,932 | * | Electronic Arts, Inc | 4,531 | |||||||
874,465 | Eli Lilly & Co | 73,682 | ||||||||
370,888 | EMC Corp | 9,524 | ||||||||
56,885 | Emerson Electric Co | 2,721 | ||||||||
393,791 | * | Endo International plc | 24,108 | |||||||
20,103 | Energen Corp | 824 | ||||||||
1,784 | Engility Holdings, Inc | 58 | ||||||||
52,941 | Ensco plc | 815 | ||||||||
50,818 | Entergy Corp | 3,474 | ||||||||
14,283 | * | Envision Healthcare Holdings, Inc | 371 | |||||||
1,234,431 | EOG Resources, Inc | 87,385 | ||||||||
34,182 | EQT Corp | 1,782 | ||||||||
32,560 | Equifax, Inc | 3,626 | ||||||||
12,301 | Equinix, Inc | 3,720 | ||||||||
84,394 | Equity Residential | 6,886 | ||||||||
16,784 | Essex Property Trust, Inc | 4,018 | ||||||||
109,736 | Estee Lauder Cos (Class A) | 9,663 | ||||||||
120,000 | * | Euronet Worldwide, Inc | 8,692 | |||||||
67,109 | Everest Re Group Ltd | 12,287 | ||||||||
120,946 | Eversource Energy | 6,177 |
222 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
133,384 | Exelon Corp | $ | 3,704 | |||||||
158,030 | Expedia, Inc | 19,643 | ||||||||
19,489 | Expeditors International of Washington, Inc | 879 | ||||||||
433,723 | * | Express Scripts Holding Co | 37,912 | |||||||
1,078,450 | Extended Stay America, Inc | 17,147 | ||||||||
45,859 | Extra Space Storage, Inc | 4,045 | ||||||||
1,419,120 | d | Exxon Mobil Corp | 110,620 | |||||||
99,349 | * | F5 Networks, Inc | 9,633 | |||||||
1,458,868 | * | Facebook, Inc | 152,685 | |||||||
29,610 | e | Fastenal Co | 1,209 | |||||||
22,157 | Federal Realty Investment Trust | 3,237 | ||||||||
138,262 | FedEx Corp | 20,600 | ||||||||
56,143 | Fidelity National Information Services, Inc | 3,402 | ||||||||
88,824 | Fifth Third Bancorp | 1,785 | ||||||||
31,599 | * | FireEye, Inc | 655 | |||||||
135,500 | * | First American Corp | 4,588 | |||||||
36,464 | First Republic Bank | 2,409 | ||||||||
108,478 | FirstEnergy Corp | 3,442 | ||||||||
106,797 | * | Fiserv, Inc | 9,768 | |||||||
33,325 | *,e | Fitbit, Inc | 986 | |||||||
30,260 | * | FleetCor Technologies, Inc | 4,325 | |||||||
682,780 | * | Flextronics International Ltd | 7,654 | |||||||
27,755 | Flir Systems, Inc | 779 | ||||||||
14,570 | Flowserve Corp | 613 | ||||||||
17,017 | Fluor Corp | 804 | ||||||||
25,129 | FMC Corp | 983 | ||||||||
50,653 | * | FMC Technologies, Inc | 1,469 | |||||||
24,147 | FNF Group | 837 | ||||||||
150,376 | Foot Locker, Inc | 9,788 | ||||||||
425,353 | Ford Motor Co | 5,993 | ||||||||
27,526 | * | Fortinet, Inc | 858 | |||||||
80,134 | Fortune Brands Home & Security, Inc | 4,447 | ||||||||
10,514 | * | Four Corners Property Trust, Inc | 254 | |||||||
35,523 | Franklin Resources, Inc | 1,308 | ||||||||
93,469 | Freeport-McMoRan Copper & Gold, Inc (Class B) | 633 | ||||||||
241,942 | e | Frontier Communications Corp | 1,130 | |||||||
246,362 | e | GameStop Corp (Class A) | 6,908 | |||||||
340,000 | Gaming and Leisure Properties, Inc | 9,452 | ||||||||
38,516 | e | Gap, Inc | 951 | |||||||
18,725 | e | Garmin Ltd | 696 | |||||||
11,185 | * | Gartner, Inc | 1,014 | |||||||
113,999 | General Dynamics Corp | 15,659 | ||||||||
3,018,635 | General Electric Co | 94,031 | ||||||||
135,794 | General Growth Properties, Inc | 3,695 | ||||||||
78,104 | General Mills, Inc | 4,503 | ||||||||
18,159,000 | *,m | General Motors Co | 0 | ^ | ||||||
18,106,794 | *,e,m | General Motors Co | 0 | ^ | ||||||
61,921,000 | *,e,m | General Motors Co | 0 | ^ | ||||||
13,592,224 | *,m | General Motors Co | 0 | ^ | ||||||
19,417,463 | *,m | General Motors Co | 0 | ^ | ||||||
4,461,000 | *,m | General Motors Co | 0 | ^ | ||||||
131,475 | General Motors Co | 4,471 |
223 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
29,845,445 | *,m | General Motors Co | $ | 0 | ^ | |||||
26,439,985 | *,m | General Motors Co | 0 | ^ | ||||||
530,757 | *,m | General Motors Co | 0 | ^ | ||||||
69,850,000 | *,m | General Motors Co | 0 | ^ | ||||||
18,172 | Genuine Parts Co | 1,561 | ||||||||
1,093,755 | Gilead Sciences, Inc | 110,677 | ||||||||
263,776 | Global Payments, Inc | 17,016 | ||||||||
98,825 | Goldman Sachs Group, Inc | 17,811 | ||||||||
199,241 | Goodyear Tire & Rubber Co | 6,509 | ||||||||
27,803 | H&R Block, Inc | 926 | ||||||||
1 | H.B. Fuller Co | 0 | ^ | |||||||
164,690 | Halliburton Co | 5,606 | ||||||||
98,082 | Hanesbrands, Inc | 2,887 | ||||||||
21,922 | Harley-Davidson, Inc | 995 | ||||||||
174,836 | Harman International Industries, Inc | 16,471 | ||||||||
30,029 | Harris Corp | 2,610 | ||||||||
154,812 | Hartford Financial Services Group, Inc | 6,728 | ||||||||
33,737 | Hasbro, Inc | 2,273 | ||||||||
282,373 | * | HCA Holdings, Inc | 19,097 | |||||||
75,410 | HCP, Inc | 2,884 | ||||||||
152,395 | * | HD Supply Holdings, Inc | 4,576 | |||||||
160,000 | * | Health Net, Inc | 10,954 | |||||||
170,000 | Healthsouth Corp | 5,918 | ||||||||
14,143 | e | Helmerich & Payne, Inc | 757 | |||||||
20,415 | * | Henry Schein, Inc | 3,229 | |||||||
36,800 | *,e | Herbalife Ltd | 1,973 | |||||||
180,000 | Herman Miller, Inc | 5,166 | ||||||||
27,547 | Hershey Co | 2,459 | ||||||||
898,722 | * | Hertz Global Holdings, Inc | 12,789 | |||||||
132,027 | Hess Corp | 6,401 | ||||||||
1,909,924 | * | Hewlett Packard Enterprise Co | 29,031 | |||||||
94,359 | Hilton Worldwide Holdings, Inc | 2,019 | ||||||||
46,915 | HollyFrontier Corp | 1,871 | ||||||||
351,002 | * | Hologic, Inc | 13,580 | |||||||
1,263,037 | Home Depot, Inc | 167,037 | ||||||||
1,165,182 | Honeywell International, Inc | 120,678 | ||||||||
36,952 | Hormel Foods Corp | 2,922 | ||||||||
74,227 | Host Marriott Corp | 1,139 | ||||||||
2,127,181 | HP, Inc | 25,186 | ||||||||
43,132 | Humana, Inc | 7,699 | ||||||||
1,208,990 | Huntington Bancshares, Inc | 13,371 | ||||||||
60,000 | Huntington Ingalls | 7,611 | ||||||||
60,000 | Icahn Enterprises LP | 3,678 | ||||||||
12,208 | * | IHS, Inc (Class A) | 1,446 | |||||||
30,909 | Illinois Tool Works, Inc | 2,865 | ||||||||
55,578 | * | Illumina, Inc | 10,668 | |||||||
13,023 | * | IMS Health Holdings, Inc | 332 | |||||||
33,386 | * | Incyte Corp | 3,621 | |||||||
579,463 | Ingersoll-Rand plc | 32,039 | ||||||||
45,000 | Ingredion, Inc | 4,313 | ||||||||
102,920 | *,e | Inovalon Holdings, Inc | 1,750 | |||||||
2,048,357 | Intel Corp | 70,566 |
224 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
9,778 | IntercontinentalExchange Group, Inc | $ | 2,506 | |||||||
190,456 | International Business Machines Corp | 26,211 | ||||||||
22,842 | International Flavors & Fragrances, Inc | 2,733 | ||||||||
41,537 | International Paper Co | 1,566 | ||||||||
565,887 | Interpublic Group of Cos, Inc | 13,174 | ||||||||
283,503 | Intuit, Inc | 27,358 | ||||||||
16,476 | * | Intuitive Surgical, Inc | 8,999 | |||||||
41,783 | Invesco Ltd | 1,399 | ||||||||
9,189 | *,e | Ionis Pharmaceuticals, Inc | 569 | |||||||
27,149 | Iron Mountain, Inc | 733 | ||||||||
327,075 | e | iShares MSCI Canada Index Fund | 7,032 | |||||||
1,486,490 | e | iShares MSCI EAFE Index Fund | 87,331 | |||||||
140,000 | ITT Corp | 5,085 | ||||||||
16,155 | J.B. Hunt Transport Services, Inc | 1,185 | ||||||||
21,171 | J.M. Smucker Co | 2,611 | ||||||||
28,115 | * | Jacobs Engineering Group, Inc | 1,179 | |||||||
332,627 | * | Jarden Corp | 19,000 | |||||||
97,511 | * | Jazz Pharmaceuticals plc | 13,706 | |||||||
789,349 | Johnson & Johnson | 81,082 | ||||||||
124,109 | Johnson Controls, Inc | 4,901 | ||||||||
45,590 | Jones Lang LaSalle, Inc | 7,288 | ||||||||
2,696,823 | JPMorgan Chase & Co | 178,071 | ||||||||
1,155,148 | Juniper Networks, Inc | 31,882 | ||||||||
360,320 | Kansas City Southern Industries, Inc | 26,905 | ||||||||
1,020,000 | KBR, Inc | 17,258 | ||||||||
41,161 | Kellogg Co | 2,975 | ||||||||
9,931 | Keurig Green Mountain, Inc | 894 | ||||||||
1,131,990 | Keycorp | 14,931 | ||||||||
60,091 | Kimberly-Clark Corp | 7,650 | ||||||||
95,301 | Kimco Realty Corp | 2,522 | ||||||||
288,707 | Kinder Morgan, Inc | 4,308 | ||||||||
33,366 | Kla-Tencor Corp | 2,314 | ||||||||
86,990 | Kohl's Corp | 4,143 | ||||||||
130,000 | Korn/Ferry International | 4,313 | ||||||||
379,553 | Kraft Heinz Co | 27,616 | ||||||||
455,468 | Kroger Co | 19,052 | ||||||||
81,386 | L Brands, Inc | 7,798 | ||||||||
18,670 | L-3 Communications Holdings, Inc | 2,231 | ||||||||
218,470 | * | Laboratory Corp of America Holdings | 27,012 | |||||||
120,842 | Lam Research Corp | 9,597 | ||||||||
39,626 | Las Vegas Sands Corp | 1,737 | ||||||||
90,000 | Lazard Ltd (Class A) | 4,051 | ||||||||
109,090 | Lear Corp | 13,400 | ||||||||
13,026 | Legg Mason, Inc | 511 | ||||||||
20,104 | Leggett & Platt, Inc | 845 | ||||||||
18,453 | e | Lennar Corp (Class A) | 903 | |||||||
42,203 | Leucadia National Corp | 734 | ||||||||
61,845 | * | Level 3 Communications, Inc | 3,362 | |||||||
130,000 | Lexmark International, Inc (Class A) | 4,218 | ||||||||
232,758 | * | Liberty Interactive Corp | 6,359 | |||||||
29,881 | * | Liberty Media Corp | 1,173 |
225 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
20,555 | * | Liberty Media Corp (Class C) | $ | 783 | ||||||
35,133 | Liberty Property Trust | 1,091 | ||||||||
247,420 | Lincoln National Corp | 12,435 | ||||||||
55,039 | Linear Technology Corp | 2,338 | ||||||||
14,476 | * | LinkedIn Corp | 3,258 | |||||||
47,360 | * | LKQ Corp | 1,403 | |||||||
57,799 | Lockheed Martin Corp | 12,551 | ||||||||
46,007 | Loews Corp | 1,767 | ||||||||
215,681 | * | Louisiana-Pacific Corp | 3,884 | |||||||
835,621 | Lowe's Companies, Inc | 63,541 | ||||||||
321,562 | *,e | Lululemon Athletica, Inc | 16,872 | |||||||
169,943 | LyondellBasell Industries AF S.C.A | 14,768 | ||||||||
45,824 | M&T Bank Corp | 5,553 | ||||||||
138,227 | Macerich Co | 11,154 | ||||||||
105,917 | Macy's, Inc | 3,705 | ||||||||
10,469 | * | Mallinckrodt plc | 781 | |||||||
82,897 | Manpower, Inc | 6,987 | ||||||||
139,769 | Marathon Oil Corp | 1,760 | ||||||||
177,482 | Marathon Petroleum Corp | 9,201 | ||||||||
2,599 | * | Markel Corp | 2,296 | |||||||
266,523 | Marriott International, Inc (Class A) | 17,868 | ||||||||
573,762 | Marsh & McLennan Cos, Inc | 31,815 | ||||||||
14,149 | Martin Marietta Materials, Inc | 1,932 | ||||||||
678,179 | Masco Corp | 19,192 | ||||||||
249,141 | Mastercard, Inc (Class A) | 24,256 | ||||||||
95,625 | e | Mattel, Inc | 2,598 | |||||||
65,751 | Maxim Integrated Products, Inc | 2,499 | ||||||||
37,672 | McCormick & Co, Inc | 3,223 | ||||||||
259,128 | McDonald's Corp | 30,613 | ||||||||
54,989 | McGraw-Hill Financial, Inc | 5,421 | ||||||||
138,252 | McKesson Corp | 27,267 | ||||||||
679 | MDC Holdings, Inc | 17 | ||||||||
15,901 | MDU Resources Group, Inc | 291 | ||||||||
31,993 | Mead Johnson Nutrition Co | 2,526 | ||||||||
82,641 | * | Medivation, Inc | 3,995 | |||||||
896,251 | Medtronic plc | 68,940 | ||||||||
190,000 | Mentor Graphics Corp | 3,500 | ||||||||
784,015 | Merck & Co, Inc | 41,412 | ||||||||
631,065 | *,e | Merrimack Pharmaceuticals, Inc | 4,985 | |||||||
1,348,531 | Metlife, Inc | 65,013 | ||||||||
6,571 | * | Mettler-Toledo International, Inc | 2,228 | |||||||
1,475,881 | * | MGM Resorts International | 33,532 | |||||||
49,083 | * | Michael Kors Holdings Ltd | 1,966 | |||||||
200,000 | * | Michaels Cos, Inc | 4,422 | |||||||
23,989 | e | Microchip Technology, Inc | 1,116 | |||||||
474,719 | * | Micron Technology, Inc | 6,722 | |||||||
120,000 | * | Microsemi Corp | 3,911 | |||||||
3,154,105 | Microsoft Corp | 174,990 | ||||||||
14,000 | * | MicroStrategy, Inc (Class A) | 2,510 | |||||||
253,301 | *,e | Mobileye NV | 10,710 | |||||||
32,434 | * | Mohawk Industries, Inc | 6,143 | |||||||
62,309 | Molson Coors Brewing Co (Class B) | 5,852 |
226 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
2,289,087 | Mondelez International, Inc | $ | 102,643 | |||||||
96,747 | Monsanto Co | 9,532 | ||||||||
160,583 | * | Monster Beverage Corp | 23,920 | |||||||
37,477 | Moody's Corp | 3,760 | ||||||||
2,291,266 | Morgan Stanley | 72,885 | ||||||||
38,929 | Mosaic Co | 1,074 | ||||||||
42,994 | Motorola, Inc | 2,943 | ||||||||
1 | * | MSG Networks, Inc | 0 | ^ | ||||||
23,704 | Murphy Oil Corp | 532 | ||||||||
968,673 | *,e | Mylan NV | 52,376 | |||||||
279,457 | Nabors Industries Ltd | 2,378 | ||||||||
21,491 | NASDAQ OMX Group, Inc | 1,250 | ||||||||
56,124 | National Oilwell Varco, Inc | 1,880 | ||||||||
80,924 | Navient Corp | 927 | ||||||||
75,094 | NetApp, Inc | 1,992 | ||||||||
108,105 | * | NetFlix, Inc | 12,365 | |||||||
5,171 | *,e | NetSuite, Inc | 438 | |||||||
112,577 | New York Community Bancorp, Inc | 1,837 | ||||||||
876,747 | Newell Rubbermaid, Inc | 38,647 | ||||||||
225,692 | Newmont Mining Corp | 4,060 | ||||||||
38,837 | News Corp | 519 | ||||||||
840,228 | NextEra Energy, Inc | 87,291 | ||||||||
112,362 | Nielsen NV | 5,236 | ||||||||
624,009 | Nike, Inc (Class B) | 39,001 | ||||||||
61,860 | Noble Energy, Inc | 2,037 | ||||||||
42,548 | e | Nordstrom, Inc | 2,119 | |||||||
45,519 | Norfolk Southern Corp | 3,850 | ||||||||
40,122 | Northern Trust Corp | 2,892 | ||||||||
188,663 | Northrop Grumman Corp | 35,621 | ||||||||
394,931 | * | Norwegian Cruise Line Holdings Ltd | 23,143 | |||||||
44,081 | NRG Energy, Inc | 519 | ||||||||
87,066 | * | Nuance Communications, Inc | 1,732 | |||||||
67,358 | Nucor Corp | 2,715 | ||||||||
365,480 | Nvidia Corp | 12,046 | ||||||||
10,145 | * | NVR, Inc | 16,668 | |||||||
1,057,516 | Occidental Petroleum Corp | 71,499 | ||||||||
273,069 | Oceaneering International, Inc | 10,246 | ||||||||
33,930 | OGE Energy Corp | 892 | ||||||||
950,060 | Olin Corp | 16,398 | ||||||||
52,518 | Omnicom Group, Inc | 3,974 | ||||||||
25,603 | Oneok, Inc | 631 | ||||||||
2,119,748 | Oracle Corp | 77,434 | ||||||||
42,066 | * | O'Reilly Automotive, Inc | 10,660 | |||||||
255,968 | Owens Corning, Inc | 12,038 | ||||||||
32,656 | Paccar, Inc | 1,548 | ||||||||
14,815 | Packaging Corp of America | 934 | ||||||||
53,868 | * | Palo Alto Networks, Inc | 9,488 | |||||||
90,000 | * | Parexel International Corp | 6,131 | |||||||
12,650 | Parker Hannifin Corp | 1,227 | ||||||||
37,421 | Patterson Cos, Inc | 1,692 | ||||||||
47,864 | Paychex, Inc | 2,532 | ||||||||
1,066,983 | * | PayPal Holdings, Inc | 38,625 |
227 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
6,876 | * | Pediatrix Medical Group, Inc | $ | 493 | ||||||
102,719 | e | People's United Financial, Inc | 1,659 | |||||||
83,989 | Pepco Holdings, Inc | 2,185 | ||||||||
1,187,561 | PepsiCo, Inc | 118,661 | ||||||||
66,212 | Perrigo Co plc | 9,581 | ||||||||
4,434,581 | Pfizer, Inc | 143,148 | ||||||||
95,375 | PG&E Corp | 5,073 | ||||||||
441,720 | Philip Morris International, Inc | 38,832 | ||||||||
137,809 | Phillips 66 | 11,273 | ||||||||
21,257 | Phillips-Van Heusen Corp | 1,566 | ||||||||
400,000 | e | Pilgrim's Pride Corp | 8,836 | |||||||
1,006,431 | Pinnacle Foods, Inc | 42,733 | ||||||||
33,060 | Pinnacle West Capital Corp | 2,132 | ||||||||
166,631 | Pioneer Natural Resources Co | 20,892 | ||||||||
5,450 | * | PJT Partners, Inc | 154 | |||||||
13,953 | Plains GP Holdings LP | 132 | ||||||||
27,939 | Plum Creek Timber Co, Inc | 1,333 | ||||||||
78,447 | PNC Financial Services Group, Inc | 7,477 | ||||||||
8,550 | e | Polaris Industries, Inc | 735 | |||||||
531,975 | PPG Industries, Inc | 52,570 | ||||||||
174,164 | PPL Corp | 5,944 | ||||||||
75,000 | *,e | PRA Group, Inc | 2,602 | |||||||
36,697 | Praxair, Inc | 3,758 | ||||||||
14,243 | Precision Castparts Corp | 3,305 | ||||||||
12,616 | * | Priceline.com, Inc | 16,085 | |||||||
30,621 | Principal Financial Group | 1,377 | ||||||||
834,632 | Procter & Gamble Co | 66,278 | ||||||||
79,369 | Progressive Corp | 2,524 | ||||||||
74,532 | Prologis, Inc | 3,199 | ||||||||
187,031 | Prudential Financial, Inc | 15,226 | ||||||||
132,935 | Public Service Enterprise Group, Inc | 5,143 | ||||||||
56,168 | Public Storage, Inc | 13,913 | ||||||||
331,506 | Pulte Homes, Inc | 5,907 | ||||||||
12,108 | * | Qiagen NV | 328 | |||||||
11,096 | * | Qorvo, Inc | 565 | |||||||
1,179,599 | Qualcomm, Inc | 58,962 | ||||||||
24,226 | * | Quanta Services, Inc | 491 | |||||||
49,271 | Quest Diagnostics, Inc | 3,505 | ||||||||
9,239 | * | Quintiles Transnational Holdings, Inc | 634 | |||||||
26,115 | * | Rackspace Hosting, Inc | 661 | |||||||
14,081 | Ralph Lauren Corp | 1,570 | ||||||||
25,490 | e | Range Resources Corp | 627 | |||||||
16,183 | Raymond James Financial, Inc | 938 | ||||||||
58,898 | Raytheon Co | 7,335 | ||||||||
694,448 | * | Realogy Holdings Corp | 25,465 | |||||||
48,958 | e | Realty Income Corp | 2,528 | |||||||
80,791 | * | Red Hat, Inc | 6,690 | |||||||
25,383 | Regency Centers Corp | 1,729 | ||||||||
16,319 | * | Regeneron Pharmaceuticals, Inc | 8,859 | |||||||
168,563 | Regions Financial Corp | 1,618 | ||||||||
60,000 | Reinsurance Group of America, Inc (Class A) | 5,133 | ||||||||
105,482 | Republic Services, Inc | 4,640 |
228 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
21,343 | e | Resmed, Inc | $ | 1,146 | ||||||
284,779 | Reynolds American, Inc | 13,143 | ||||||||
74,392 | * | Rite Aid Corp | 583 | |||||||
20,586 | Robert Half International, Inc | 970 | ||||||||
20,718 | Rockwell Automation, Inc | 2,126 | ||||||||
275,135 | Rockwell Collins, Inc | 25,395 | ||||||||
66,609 | Roper Industries, Inc | 12,642 | ||||||||
50,217 | Ross Stores, Inc | 2,702 | ||||||||
79,950 | Royal Caribbean Cruises Ltd | 8,092 | ||||||||
425,253 | * | RSP Permian, Inc | 10,372 | |||||||
35,083 | Sabre Corp | 981 | ||||||||
631,805 | * | Salesforce.com, Inc | 49,534 | |||||||
54,155 | SanDisk Corp | 4,115 | ||||||||
200,000 | * | Sanmina Corp | 4,116 | |||||||
91,114 | * | SBA Communications Corp (Class A) | 9,573 | |||||||
48,254 | SCANA Corp | 2,919 | ||||||||
358,812 | Schlumberger Ltd | 25,027 | ||||||||
27,626 | Scripps Networks Interactive (Class A) | 1,525 | ||||||||
61,588 | e | Seagate Technology, Inc | 2,258 | |||||||
104,442 | Sealed Air Corp | 4,658 | ||||||||
36,488 | SEI Investments Co | 1,912 | ||||||||
274,433 | Sempra Energy | 25,799 | ||||||||
25,870 | * | Sensata Technologies Holding BV | 1,192 | |||||||
688,068 | * | ServiceMaster Global Holdings, Inc | 27,000 | |||||||
277,765 | * | ServiceNow, Inc | 24,043 | |||||||
28,076 | Sherwin-Williams Co | 7,289 | ||||||||
17,020 | * | Signature Bank | 2,610 | |||||||
12,748 | Signet Jewelers Ltd | 1,577 | ||||||||
243,477 | Simon Property Group, Inc | 47,342 | ||||||||
235,194 | *,e | Sirius XM Holdings, Inc | 957 | |||||||
75,900 | * | Skechers U.S.A., Inc (Class A) | 2,293 | |||||||
180,486 | Skyworks Solutions, Inc | 13,867 | ||||||||
24,424 | SL Green Realty Corp | 2,759 | ||||||||
32,806 | Snap-On, Inc | 5,624 | ||||||||
135,227 | Southern Co | 6,327 | ||||||||
336,366 | Southwest Airlines Co | 14,484 | ||||||||
161,531 | *,e | Southwestern Energy Co | 1,148 | |||||||
69,767 | Spectra Energy Corp | 1,670 | ||||||||
128,400 | * | Spirit Aerosystems Holdings, Inc (Class A) | 6,429 | |||||||
9,560 | * | Splunk, Inc | 562 | |||||||
88,622 | *,e | Sprint Corp | 321 | |||||||
67,111 | St. Jude Medical, Inc | 4,145 | ||||||||
90,342 | Stanley Works | 9,642 | ||||||||
218,372 | Staples, Inc | 2,068 | ||||||||
647,975 | Starbucks Corp | 38,898 | ||||||||
36,383 | Starwood Hotels & Resorts Worldwide, Inc | 2,521 | ||||||||
145,000 | * | Starz-Liberty Capital | 4,858 | |||||||
36,985 | State Street Corp | 2,454 | ||||||||
220,000 | Steel Dynamics, Inc | 3,931 | ||||||||
42,518 | * | Stericycle, Inc | 5,128 | |||||||
67,433 | Stryker Corp | 6,267 | ||||||||
108,165 | SunTrust Banks, Inc | 4,634 |
229 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
500,000 | * | Supervalu, Inc | $ | 3,390 | ||||||
113,932 | Symantec Corp | 2,393 | ||||||||
1,969,676 | * | Synchrony Financial | 59,898 | |||||||
54,569 | * | Synopsys, Inc | 2,489 | |||||||
1,038,088 | Sysco Corp | 42,562 | ||||||||
25,382 | T Rowe Price Group, Inc | 1,815 | ||||||||
9,907 | * | Tableau Software, Inc | 933 | |||||||
232,732 | Target Corp | 16,899 | ||||||||
404 | * | Taro Pharmaceutical Industries Ltd | 62 | |||||||
60,854 | TD Ameritrade Holding Corp | 2,112 | ||||||||
40,707 | TEGNA, Inc | 1,039 | ||||||||
27,541 | * | Teradata Corp | 728 | |||||||
550,000 | Terex Corp | 10,164 | ||||||||
52,311 | *,e | Tesla Motors, Inc | 12,555 | |||||||
47,321 | Tesoro Corp | 4,986 | ||||||||
193,417 | Texas Instruments, Inc | 10,601 | ||||||||
293,067 | Textron, Inc | 12,312 | ||||||||
98,158 | Thermo Electron Corp | 13,924 | ||||||||
128,570 | Thomson Corp (Toronto) | 4,870 | ||||||||
14,891 | Tiffany & Co | 1,136 | ||||||||
86,042 | Time Warner Cable, Inc | 15,969 | ||||||||
853,072 | Time Warner, Inc | 55,168 | ||||||||
215,458 | TJX Companies, Inc | 15,278 | ||||||||
200,274 | * | T-Mobile US, Inc | 7,835 | |||||||
36,930 | * | Toll Brothers, Inc | 1,230 | |||||||
37,182 | Torchmark Corp | 2,125 | ||||||||
51,372 | Total System Services, Inc | 2,558 | ||||||||
9,903 | Towers Watson & Co | 1,272 | ||||||||
28,156 | Tractor Supply Co | 2,407 | ||||||||
13,012 | * | TransDigm Group, Inc | 2,973 | |||||||
18,986 | e | Transocean Ltd | 237 | |||||||
32,974 | Travelers Cos, Inc | 3,721 | ||||||||
35,277 | * | Trimble Navigation Ltd | 757 | |||||||
12,412 | * | TripAdvisor, Inc | 1,058 | |||||||
271,465 | * | Tumi Holdings, Inc | 4,514 | |||||||
98,283 | Twenty-First Century Fox, Inc | 2,669 | ||||||||
38,481 | Twenty-First Century Fox, Inc (Class B) | 1,048 | ||||||||
48,871 | * | Twitter, Inc | 1,131 | |||||||
1,167,238 | Tyco International plc | 37,223 | ||||||||
812,259 | Tyson Foods, Inc (Class A) | 43,318 | ||||||||
77,087 | UDR, Inc | 2,896 | ||||||||
21,424 | * | Ulta Salon Cosmetics & Fragrance, Inc | 3,963 | |||||||
27,220 | *,e | Under Armour, Inc (Class A) | 2,194 | |||||||
515,809 | Union Pacific Corp | 40,336 | ||||||||
101,151 | * | United Continental Holdings, Inc | 5,796 | |||||||
94,789 | United Parcel Service, Inc (Class B) | 9,122 | ||||||||
39,118 | * | United Rentals, Inc | 2,838 | |||||||
70,827 | United Technologies Corp | 6,804 | ||||||||
42,785 | * | United Therapeutics Corp | 6,701 | |||||||
448,572 | UnitedHealth Group, Inc | 52,770 | ||||||||
838,087 | * | Univar, Inc | 14,256 | |||||||
26,788 | Universal Health Services, Inc (Class B) | 3,201 |
230 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
32,328 | UnumProvident Corp | $ | 1,076 | |||||||
17,238 | * | Urban Outfitters, Inc | 392 | |||||||
263,021 | US Bancorp | 11,223 | ||||||||
114,805 | * | USG Corp | 2,789 | |||||||
114,513 | * | Valeant Pharmaceuticals International, Inc | 11,633 | |||||||
216,730 | Valero Energy Corp | 15,325 | ||||||||
34,557 | Validus Holdings Ltd | 1,600 | ||||||||
50,000 | e | Vanguard FTSE Developed Markets ETF | 1,836 | |||||||
63,113 | * | Vantiv, Inc | 2,993 | |||||||
18,661 | * | Varian Medical Systems, Inc | 1,508 | |||||||
77,189 | Ventas, Inc | 4,356 | ||||||||
70,297 | VEREIT, Inc | 557 | ||||||||
90,000 | * | Verint Systems, Inc | 3,650 | |||||||
25,673 | *,e | VeriSign, Inc | 2,243 | |||||||
89,582 | * | Verisk Analytics, Inc | 6,887 | |||||||
1,862,930 | Verizon Communications, Inc | 86,105 | ||||||||
117,075 | * | Vertex Pharmaceuticals, Inc | 14,732 | |||||||
247,794 | VF Corp | 15,425 | ||||||||
280,081 | Viacom, Inc (Class B) | 11,528 | ||||||||
1,788,251 | Visa, Inc (Class A) | 138,679 | ||||||||
117,995 | *,e | VMware, Inc (Class A) | 6,675 | |||||||
59,882 | Vornado Realty Trust | 5,986 | ||||||||
172,484 | Voya Financial, Inc | 6,366 | ||||||||
50,883 | Vulcan Materials Co | 4,832 | ||||||||
116,346 | W.R. Berkley Corp | 6,370 | ||||||||
7,585 | e | W.W. Grainger, Inc | 1,537 | |||||||
28,099 | * | WABCO Holdings, Inc | 2,873 | |||||||
255,339 | Walgreens Boots Alliance, Inc | 21,743 | ||||||||
192,357 | Wal-Mart Stores, Inc | 11,791 | ||||||||
660,625 | Walt Disney Co | 69,418 | ||||||||
76,662 | Waste Management, Inc | 4,091 | ||||||||
35,234 | * | Waters Corp | 4,742 | |||||||
1,116,378 | * | Weatherford International Ltd | 9,366 | |||||||
109,894 | WEC Energy Group, Inc | 5,639 | ||||||||
4,575,190 | Wells Fargo & Co | 248,707 | ||||||||
72,426 | Welltower, Inc | 4,927 | ||||||||
109,941 | Western Digital Corp | 6,602 | ||||||||
79,260 | e | Western Union Co | 1,420 | |||||||
61,566 | Westinghouse Air Brake Technologies Corp | 4,379 | ||||||||
13,744 | Westlake Chemical Corp | 747 | ||||||||
144,618 | WestRock Co | 6,597 | ||||||||
53,730 | Weyerhaeuser Co | 1,611 | ||||||||
33,036 | Whirlpool Corp | 4,852 | ||||||||
252,097 | * | WhiteWave Foods Co (Class A) | 9,809 | |||||||
24,758 | * | Whiting Petroleum Corp | 234 | |||||||
81,526 | Whole Foods Market, Inc | 2,731 | ||||||||
87,685 | Williams Cos, Inc | 2,254 | ||||||||
52,169 | * | Willis Group Holdings plc | 2,534 | |||||||
97,770 | * | Workday, Inc | 7,790 | |||||||
47,500 | * | WR Grace & Co | 4,731 | |||||||
44,291 | Wyndham Worldwide Corp | 3,218 | ||||||||
9,815 | e | Wynn Resorts Ltd | 679 |
231 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
SHARES | COMPANY | VALUE (000) | ||||||||
171,396 | Xcel Energy, Inc | $ | 6,155 | |||||||
711,475 | Xerox Corp | 7,563 | ||||||||
58,941 | Xilinx, Inc | 2,768 | ||||||||
26,739 | Xylem, Inc | 976 | ||||||||
1,130,388 | * | Yahoo!, Inc | 37,597 | |||||||
58,521 | Yum! Brands, Inc | 4,275 | ||||||||
7,761 | *,e | Zillow Group, Inc (Class C) | 182 | |||||||
17,818 | Zimmer Holdings, Inc | 1,828 | ||||||||
91,526 | Zions Bancorporation | 2,499 | ||||||||
409,218 | Zoetis Inc | 19,610 | ||||||||
TOTAL UNITED STATES | 10,641,535 | |||||||||
TOTAL COMMON STOCKS | 18,375,061 | |||||||||
(Cost $17,123,796) | ||||||||||
RIGHTS / WARRANTS - 0.0% | ||||||||||
AUSTRALIA - 0.0% | ||||||||||
681,005 | m | BGP Holdings plc | 0 | |||||||
TOTAL AUSTRALIA | 0 | |||||||||
ITALY - 0.0% | ||||||||||
45,998 | m | Unione di Banche Italiane S.p.A | 0 | |||||||
TOTAL ITALY | 0 | |||||||||
SINGAPORE - 0.0% | ||||||||||
8,390 | m | Ascendas Real Estate Investment Trust | 1 | |||||||
TOTAL SINGAPORE | 1 | |||||||||
SPAIN - 0.0% | ||||||||||
308,884 | Repsol S.A. | 154 | ||||||||
TOTAL SPAIN | 154 | |||||||||
UNITED STATES - 0.0% | ||||||||||
21,280 | Kinder Morgan, Inc | 1 | ||||||||
TOTAL UNITED STATES | 1 | |||||||||
TOTAL RIGHTS / WARRANTS | 156 | |||||||||
(Cost $198) |
PRINCIPAL | ISSUER | RATE | MATURITY DATE | |||||||||||||
SHORT-TERM INVESTMENTS - 3.3% | ||||||||||||||||
GOVERNMENT AGENCY DEBT - 0.7% | ||||||||||||||||
$ | 54,000,000 | d | Federal Home Loan Bank (FHLB) | 0.250 | % | 01/26/16 | 53,995 | |||||||||
11,700,000 | FHLB | 0.240 | 01/27/16 | 11,699 | ||||||||||||
40,000,000 | d | FHLB | 0.250 | 02/24/16 | 39,986 | |||||||||||
15,000,000 | Federal National Mortgage Association (FNMA) | 0.612 | 06/08/16 | 14,969 | ||||||||||||
TOTAL GOVERNMENT AGENCY DEBT | 120,649 | |||||||||||||||
TREASURY DEBT - 0.4% | ||||||||||||||||
70,000,000 | d | United States Treasury Bill | 0.451 | 06/30/16 | 69,832 | |||||||||||
TOTAL TREASURY DEBT | 69,832 |
232 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
PRINCIPAL | ISSUER | RATE | MATURITY DATE | VALUE (000) | ||||||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED - 2.2% | ||||||||||||||||
CERTIFICATE OF DEPOSIT - 0.3% | ||||||||||||||||
$ | 20,000,000 | Bank of Montreal | 0.100 | % | 01/04/16 | $ | 20,000 | |||||||||
20,000,000 | CIBC Bank and Trust Co | 0.150 | 01/04/16 | 20,000 | ||||||||||||
20,000,000 | National Australia Bank Ltd | 0.120 | 01/04/16 | 20,000 | ||||||||||||
TOTAL CERTIFICATE OF DEPOSIT | 60,000 | |||||||||||||||
COMMERCIAL PAPER - 0.3% | ||||||||||||||||
50,000,000 | United States Treasury Bill | 0.064-0.074 | 01/14/16 | 49,999 | ||||||||||||
TOTAL COMMERCIAL PAPER | 49,999 | |||||||||||||||
REPURCHASE AGREEMENT - 1.5% | ||||||||||||||||
35,000,000 | n | Barclays | 0.270 | 01/04/16 | 35,000 | |||||||||||
25,000,000 | o | Deutsche Bank | 0.350 | 01/04/16 | 25,000 | |||||||||||
50,000,000 | p | Deutsche Bank | 0.370 | 01/07/16 | 50,000 | |||||||||||
50,000,000 | q | Goldman Sachs | 0.260 | 01/05/16 | 50,000 | |||||||||||
40,000,000 | r | Nomura | 0.340 | 01/04/16 | 40,000 | |||||||||||
85,000,000 | s | Royal Bank of Scotland | 0.290 | 01/05/16 | 85,000 | |||||||||||
TOTAL REPURCHASE AGREEMENT | 285,000 | |||||||||||||||
VARIABLE RATE SECURITIES - 0.1% | ||||||||||||||||
27,705,019 | i | SLM Student Loan Trust 2007 | 0.118 | 01/25/19 | 27,491 | |||||||||||
TOTAL VARIABLE RATE SECURITIES | 27,491 | |||||||||||||||
TOTAL INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | 422,490 | |||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | 612,971 | |||||||||||||||
(Cost $613,136) | ||||||||||||||||
TOTAL INVESTMENTS - 102.0% | 18,988,188 | |||||||||||||||
(Cost $17,737,130) | ||||||||||||||||
OTHER ASSETS & LIABILITIES, NET - (2.0)% | (369,838 | ) | ||||||||||||||
NET ASSETS - 100.0% | $ | 18,618,350 | ||||||||||||||
Abbreviation(s): | |||
ADR | American Depositary Receipt | ||
ETF | Exchange Traded Fund | ||
GDR | Global Depositary Receipt | ||
REIT | Real Estate Investment Trust | ||
* | Non-income producing | |
^ | Amount represents less than $1,000. | |
d | All or a portion of these securities have been segregated by the custodian to cover margin requirements on open futures transactions. | |
e | All or a portion of these securities are out on loan. The aggregate value of securities on loan is $400,731,000. |
233 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
g | Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/15, the aggregate value of these securities was $116,212,000, or 0.6% of net assets. | |
i | Floating or variable rate security. Coupon rate reflects the rate at period end. | |
m | Indicates a security that has been deemed illiquid. | |
n | Agreement with Barclays, 0.27% dated 12/28/15 to be repurchased at $35,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $35,700,000. | |
o | Agreement with Deutsche Bank, 0.35% dated 12/31/15 to be repurchased at $25,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $25,500,000. | |
p | Agreement with Deutsche Bank, 0.37% dated 12/31/15 to be repurchased at $50,000,000 on 1/07/16, collateralized by U.S. Government Agency Securities valued at $51,001,000. | |
q | Agreement with Goldman Sachs, 0.26% dated 12/29/15 to be repurchased at $50,000,000 on 1/05/16, collateralized by U.S. Government Agency Securities valued at $51,000,000. | |
r | Agreement with Nomura, 0.34% dated 12/31/15 to be repurchased at $40,000,000 on 1/04/16, collateralized by U.S. Government Agency Securities valued at $40,800,000. | |
s | Agreement with Royal Bank of Scotland, 0.29% dated 12/29/15 to be repurchased at $85,000,000 on 1/05/16, collateralized by U.S. Government Agency Securities valued at $86,701,000. | |
Cost amounts are in thousands. |
234 |
COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account
COLLEGE RETIREMENT EQUITIES FUND
GLOBAL EQUITIES ACCOUNT
SUMMARY OF MARKET VALUES BY SECTOR
December 31, 2015
VALUE | % OF | |||||||
SECTOR | (000) | ASSETS | ||||||
FINANCIALS | $ | 3,666,818 | 19.6 | % | ||||
CONSUMER DISCRETIONARY | 3,044,114 | 16.4 | ||||||
INFORMATION TECHNOLOGY | 2,863,130 | 15.4 | ||||||
HEALTH CARE | 2,604,468 | 14.0 | ||||||
INDUSTRIALS | 1,989,678 | 10.7 | ||||||
CONSUMER STAPLES | 1,617,755 | 8.7 | ||||||
ENERGY | 1,019,310 | 5.5 | ||||||
MATERIALS | 760,920 | 4.1 | ||||||
UTILITIES | 435,418 | 2.3 | ||||||
TELECOMMUNICATION SERVICES | 373,606 | 2.0 | ||||||
SHORT-TERM INVESTMENTS | 612,971 | 3.3 | ||||||
OTHER ASSETS & LIABILITES, NET | (369,838 | ) | (2.0 | ) | ||||
NET ASSETS | $ | 18,618,350 | 100.0 | % |
235 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
COLLEGE RETIREMENT EQUITIES FUND
GROWTH ACCOUNT
SCHEDULE OF INVESTMENTS
December 31, 2015
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
COMMON STOCKS - 99.1% | ||||||||||
AUTOMOBILES & COMPONENTS - 2.0% | ||||||||||
88,475 | BorgWarner, Inc | $ | 3,825 | |||||||
1,976,914 | Delphi Automotive plc | 169,481 | ||||||||
1,239,200 | General Motors Co | 42,145 | ||||||||
54,420 | Gentex Corp | 871 | ||||||||
453,300 | Goodyear Tire & Rubber Co | 14,809 | ||||||||
44,756 | Harley-Davidson, Inc | 2,031 | ||||||||
58,989 | Johnson Controls, Inc | 2,330 | ||||||||
525,484 | Lear Corp | 64,545 | ||||||||
440,800 | Magna International, Inc (Class A) | 17,879 | ||||||||
165,056 | Renault S.A. | 16,521 | ||||||||
339,455 | *,e | Tesla Motors, Inc | 81,473 | |||||||
226,677 | Thor Industries, Inc | 12,728 | ||||||||
80,508 | * | Visteon Corp | 9,218 | |||||||
TOTAL AUTOMOBILES & COMPONENTS | 437,856 | |||||||||
BANKS - 0.2% | ||||||||||
75,074 | * | Signature Bank | 11,514 | |||||||
26,337 | * | SVB Financial Group | 3,131 | |||||||
715,100 | Wells Fargo & Co | 38,873 | ||||||||
TOTAL BANKS | 53,518 | |||||||||
CAPITAL GOODS - 5.5% | ||||||||||
1,029,977 | 3M Co | 155,156 | ||||||||
29,181 | A.O. Smith Corp | 2,236 | ||||||||
38,688 | Acuity Brands, Inc | 9,045 | ||||||||
165,496 | * | Aecom Technology Corp | 4,970 | |||||||
2,236 | Air Lease Corp | 75 | ||||||||
39,356 | Allegion plc | 2,594 | ||||||||
414,489 | Allison Transmission Holdings, Inc | 10,731 | ||||||||
96,733 | Ametek, Inc | 5,184 | ||||||||
8,284 | * | Armstrong World Industries, Inc | 379 | |||||||
4,379 | * | Babcock & Wilcox Enterprises, Inc | 91 | |||||||
41,502 | BE Aerospace, Inc | 1,758 | ||||||||
1,256,144 | Boeing Co | 181,626 | ||||||||
136,295 | BWX Technologies, Inc | 4,330 | ||||||||
5,836 | Carlisle Cos, Inc | 518 | ||||||||
43,205 | e | Caterpillar, Inc | 2,936 | |||||||
270,900 | e | Chicago Bridge & Iron Co NV | 10,562 | |||||||
53,610 | Cummins, Inc | 4,718 | ||||||||
126,150 | Danaher Corp | 11,717 | ||||||||
23,474 | e | Deere & Co | 1,790 | |||||||
47,264 | Donaldson Co, Inc | 1,355 |
236 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
184,121 | Emerson Electric Co | $ | 8,807 | |||||||
115,874 | e | Fastenal Co | 4,730 | |||||||
23,474 | Flowserve Corp | 988 | ||||||||
381,488 | Fortune Brands Home & Security, Inc | 21,173 | ||||||||
195,897 | General Dynamics Corp | 26,908 | ||||||||
22,593 | Graco, Inc | 1,628 | ||||||||
296,816 | * | HD Supply Holdings, Inc | 8,913 | |||||||
37,464 | Hexcel Corp | 1,740 | ||||||||
1,457,895 | Honeywell International, Inc | 150,994 | ||||||||
72,497 | Hubbell, Inc | 7,325 | ||||||||
208,074 | Huntington Ingalls | 26,394 | ||||||||
29,240 | IDEX Corp | 2,240 | ||||||||
117,893 | Illinois Tool Works, Inc | 10,926 | ||||||||
433,022 | Ingersoll-Rand plc | 23,942 | ||||||||
15,789 | Lennox International, Inc | 1,972 | ||||||||
26,935 | Lincoln Electric Holdings, Inc | 1,398 | ||||||||
218,814 | Lockheed Martin Corp | 47,516 | ||||||||
881,608 | Masco Corp | 24,950 | ||||||||
244,594 | * | Middleby Corp | 26,384 | |||||||
6,011 | MSC Industrial Direct Co (Class A) | 338 | ||||||||
23,436 | Nordson Corp | 1,503 | ||||||||
672,398 | Northrop Grumman Corp | 126,955 | ||||||||
128,034 | Paccar, Inc | 6,069 | ||||||||
25,840 | Parker Hannifin Corp | 2,506 | ||||||||
10,424 | Precision Castparts Corp | 2,419 | ||||||||
12,104 | * | Quanta Services, Inc | 245 | |||||||
977 | Regal-Beloit Corp | 57 | ||||||||
99,436 | Rockwell Automation, Inc | 10,203 | ||||||||
243,915 | Rockwell Collins, Inc | 22,513 | ||||||||
391,208 | Roper Industries, Inc | 74,247 | ||||||||
106,173 | Snap-On, Inc | 18,201 | ||||||||
22,049 | *,e | SolarCity Corp | 1,125 | |||||||
505,059 | * | Spirit Aerosystems Holdings, Inc (Class A) | 25,288 | |||||||
5,817 | Stanley Works | 621 | ||||||||
878,625 | Textron, Inc | 36,911 | ||||||||
21,412 | Toro Co | 1,565 | ||||||||
85,348 | * | TransDigm Group, Inc | 19,498 | |||||||
238,346 | * | United Rentals, Inc | 17,290 | |||||||
32,703 | United Technologies Corp | 3,142 | ||||||||
482,694 | * | Univar, Inc | 8,211 | |||||||
499,500 | * | USG Corp | 12,133 | |||||||
523 | Valmont Industries, Inc | 55 | ||||||||
24,767 | e | W.W. Grainger, Inc | 5,018 | |||||||
46,344 | * | WABCO Holdings, Inc | 4,739 | |||||||
9,910 | Watsco, Inc | 1,161 | ||||||||
59,010 | Westinghouse Air Brake Technologies Corp | 4,197 | ||||||||
TOTAL CAPITAL GOODS | 1,216,909 | |||||||||
COMMERCIAL & PROFESSIONAL SERVICES - 1.8% | ||||||||||
36,946 | Cintas Corp | 3,364 | ||||||||
131,142 | * | Clean Harbors, Inc | 5,462 | |||||||
649,228 | e | CNH Industrial NV (NYSE) | 4,441 |
237 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
158,555 | * | Copart, Inc | $ | 6,027 | ||||||
47,075 | Covanta Holding Corp | 729 | ||||||||
4,387 | Dun & Bradstreet Corp | 456 | ||||||||
138,474 | Equifax, Inc | 15,422 | ||||||||
90,548 | * | IHS, Inc (Class A) | 10,724 | |||||||
19,593 | KAR Auction Services, Inc | 725 | ||||||||
192,100 | Manpower, Inc | 16,192 | ||||||||
2,127,065 | Nielsen NV | 99,121 | ||||||||
272,705 | Pitney Bowes, Inc | 5,631 | ||||||||
39,059 | R.R. Donnelley & Sons Co | 575 | ||||||||
53,421 | Robert Half International, Inc | 2,518 | ||||||||
38,974 | Rollins, Inc | 1,009 | ||||||||
559,807 | * | Stericycle, Inc | 67,513 | |||||||
88,376 | Towers Watson & Co | 11,353 | ||||||||
10,046 | * | TransUnion | 277 | |||||||
147,406 | Tyco International plc | 4,701 | ||||||||
1,882,198 | * | Verisk Analytics, Inc | 144,704 | |||||||
102,927 | Waste Connections, Inc | 5,797 | ||||||||
13,797 | Waste Management, Inc | 736 | ||||||||
TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 407,477 | |||||||||
CONSUMER DURABLES & APPAREL - 2.8% | ||||||||||
26,001 | Brunswick Corp | 1,313 | ||||||||
141,593 | Carter's, Inc | 12,606 | ||||||||
12,429 | Coach, Inc | 407 | ||||||||
443,590 | DR Horton, Inc | 14,208 | ||||||||
202,936 | *,e | Fossil Group, Inc | 7,419 | |||||||
35,083 | *,e | GoPro, Inc | 632 | |||||||
725,553 | Hanesbrands, Inc | 21,353 | ||||||||
119,699 | Harman International Industries, Inc | 11,277 | ||||||||
66,971 | Hasbro, Inc | 4,511 | ||||||||
651,761 | * | Jarden Corp | 37,229 | |||||||
47,418 | * | Kate Spade & Co | 843 | |||||||
54,468 | Leggett & Platt, Inc | 2,289 | ||||||||
1,565 | Lennar Corp (B Shares) | 63 | ||||||||
26,122 | e | Lennar Corp (Class A) | 1,278 | |||||||
44,194 | *,e | Lululemon Athletica, Inc | 2,319 | |||||||
204,245 | * | Michael Kors Holdings Ltd | 8,182 | |||||||
17,145 | * | Mohawk Industries, Inc | 3,247 | |||||||
304,706 | Newell Rubbermaid, Inc | 13,431 | ||||||||
4,187,680 | Nike, Inc (Class B) | 261,730 | ||||||||
23,772 | * | NVR, Inc | 39,057 | |||||||
26,523 | e | Polaris Industries, Inc | 2,280 | |||||||
1,210,600 | Pulte Homes, Inc | 21,573 | ||||||||
1,353 | Ralph Lauren Corp | 151 | ||||||||
278,511 | * | Skechers U.S.A., Inc (Class A) | 8,414 | |||||||
940,800 | Sony Corp | 23,122 | ||||||||
420,171 | * | Tempur-Pedic International, Inc | 29,605 | |||||||
22,584 | * | Toll Brothers, Inc | 752 | |||||||
1,040,900 | *,e | TomTom NV | 13,086 | |||||||
12,693 | * | TopBuild Corp | 391 | |||||||
19,396 | e | Tupperware Corp | 1,079 |
238 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
70,559 | *,e | Under Armour, Inc (Class A) | $ | 5,688 | ||||||
1,070,511 | VF Corp | 66,639 | ||||||||
3,415 | * | Vista Outdoor, Inc | 152 | |||||||
1,861 | Whirlpool Corp | 273 | ||||||||
TOTAL CONSUMER DURABLES & APPAREL | 616,599 | |||||||||
CONSUMER SERVICES - 4.2% | ||||||||||
1,806,170 | ARAMARK Holdings Corp | 58,249 | ||||||||
344,647 | Brinker International, Inc | 16,526 | ||||||||
28,262 | * | Chipotle Mexican Grill, Inc (Class A) | 13,562 | |||||||
12,467 | Choice Hotels International, Inc | 628 | ||||||||
10,296 | Darden Restaurants, Inc | 655 | ||||||||
21,720 | Domino's Pizza, Inc | 2,416 | ||||||||
37,555 | e | Dunkin Brands Group, Inc | 1,599 | |||||||
988,740 | Extended Stay America, Inc | 15,721 | ||||||||
86,984 | H&R Block, Inc | 2,897 | ||||||||
253,031 | Hilton Worldwide Holdings, Inc | 5,415 | ||||||||
381,700 | *,e | Hyatt Hotels Corp | 17,948 | |||||||
26,061 | e | International Game Technology plc | 422 | |||||||
708,800 | Interval Leisure Group, Inc | 11,064 | ||||||||
143,978 | Las Vegas Sands Corp | 6,312 | ||||||||
77,413 | e | Marriott International, Inc (Class A) | 5,190 | |||||||
662,685 | McDonald's Corp | 78,290 | ||||||||
4,664,237 | g | Merlin Entertainments plc | 31,274 | |||||||
7,424 | * | MGM Resorts International | 169 | |||||||
3,638,988 | * | Norwegian Cruise Line Holdings Ltd | 213,245 | |||||||
9,853 | * | Panera Bread Co (Class A) | 1,919 | |||||||
618,711 | Restaurant Brands International, Inc | 23,115 | ||||||||
79,606 | Service Corp International | 2,071 | ||||||||
544,101 | * | ServiceMaster Global Holdings, Inc | 21,351 | |||||||
27,672 | Six Flags Entertainment Corp | 1,520 | ||||||||
5,026,868 | Starbucks Corp | 301,763 | ||||||||
162,542 | Starwood Hotels & Resorts Worldwide, Inc | 11,261 | ||||||||
283,879 | Wyndham Worldwide Corp | 20,624 | ||||||||
200,117 | e | Wynn Resorts Ltd | 13,846 | |||||||
735,447 | Yum! Brands, Inc | 53,724 | ||||||||
TOTAL CONSUMER SERVICES | 932,776 | |||||||||
DIVERSIFIED FINANCIALS - 3.2% | ||||||||||
21,929 | * | Affiliated Managers Group, Inc | 3,503 | |||||||
14,657 | * | Ally Financial, Inc | 273 | |||||||
66,354 | American Express Co | 4,615 | ||||||||
403,404 | Ameriprise Financial, Inc | 42,930 | ||||||||
14,602 | Artisan Partners Asset Management, Inc | 527 | ||||||||
49,822 | Bank of New York Mellon Corp | 2,054 | ||||||||
15,789 | BlackRock, Inc | 5,377 | ||||||||
630,100 | Blackstone Group LP | 18,424 | ||||||||
32,724 | CBOE Holdings, Inc | 2,124 | ||||||||
1,877,449 | Charles Schwab Corp | 61,824 | ||||||||
65,626 | *,e | Credit Acceptance Corp | 14,045 | |||||||
48,467 | Eaton Vance Corp | 1,572 | ||||||||
16,527 | Factset Research Systems, Inc | 2,687 |
239 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
38,556 | Federated Investors, Inc (Class B) | $ | 1,105 | |||||||
66,060 | Interactive Brokers Group, Inc (Class A) | 2,880 | ||||||||
428,726 | IntercontinentalExchange Group, Inc | 109,865 | ||||||||
22,146 | Invesco Ltd | 741 | ||||||||
859,500 | e | iShares Russell 1000 Growth Index Fund | 85,503 | |||||||
343,180 | Lazard Ltd (Class A) | 15,447 | ||||||||
13,138 | Legg Mason, Inc | 515 | ||||||||
507,468 | *,e | LendingClub Corp | 5,608 | |||||||
18,111 | Leucadia National Corp | 315 | ||||||||
31,469 | e | LPL Financial Holdings, Inc | 1,342 | |||||||
947,589 | McGraw-Hill Financial, Inc | 93,413 | ||||||||
342,667 | Moody's Corp | 34,383 | ||||||||
2,486,521 | Morgan Stanley | 79,096 | ||||||||
6,597 | Morningstar, Inc | 530 | ||||||||
147,908 | MSCI, Inc (Class A) | 10,669 | ||||||||
203,955 | NorthStar Asset Management Group, Inc | 2,476 | ||||||||
15,752 | * | PJT Partners, Inc | 446 | |||||||
2,046 | * | Santander Consumer USA Holdings, Inc | 32 | |||||||
115,910 | SEI Investments Co | 6,074 | ||||||||
148,899 | * | SLM Corp | 971 | |||||||
2,707,330 | * | Synchrony Financial | 82,330 | |||||||
102,794 | T Rowe Price Group, Inc | 7,349 | ||||||||
93,575 | TD Ameritrade Holding Corp | 3,248 | ||||||||
32,517 | Waddell & Reed Financial, Inc (Class A) | 932 | ||||||||
TOTAL DIVERSIFIED FINANCIALS | 705,225 | |||||||||
ENERGY - 0.7% | ||||||||||
160,846 | Cabot Oil & Gas Corp | 2,845 | ||||||||
671,805 | * | Concho Resources, Inc | 62,384 | |||||||
8,752 | * | Continental Resources, Inc | 201 | |||||||
2,218 | e | CVR Energy, Inc | 87 | |||||||
140,400 | * | Diamondback Energy, Inc | 9,393 | |||||||
204,619 | EOG Resources, Inc | 14,485 | ||||||||
58,384 | * | FMC Technologies, Inc | 1,694 | |||||||
11,933 | HollyFrontier Corp | 476 | ||||||||
162,860 | Marathon Petroleum Corp | 8,443 | ||||||||
27,556 | * | Memorial Resource Development Corp | 445 | |||||||
56,155 | Oceaneering International, Inc | 2,107 | ||||||||
35,881 | Oneok, Inc | 885 | ||||||||
117,200 | Pioneer Natural Resources Co | 14,695 | ||||||||
2,174 | e | Range Resources Corp | 53 | |||||||
2,954 | e | RPC, Inc | 35 | |||||||
383,300 | * | RSP Permian, Inc | 9,349 | |||||||
173,792 | Schlumberger Ltd | 12,122 | ||||||||
9,540 | Targa Resources Investments, Inc | 258 | ||||||||
4,149 | e | Teekay Corp | 41 | |||||||
36,957 | Tesoro Corp | 3,894 | ||||||||
342,929 | Williams Cos, Inc | 8,813 | ||||||||
5,374 | World Fuel Services Corp | 207 | ||||||||
TOTAL ENERGY | 152,912 |
240 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
FOOD & STAPLES RETAILING - 2.0% | ||||||||||
956,048 | Costco Wholesale Corp | $ | 154,402 | |||||||
1,384,983 | CVS Health Corp | 135,410 | ||||||||
2,686,820 | Kroger Co | 112,390 | ||||||||
230,280 | * | Rite Aid Corp | 1,805 | |||||||
58,989 | * | Sprouts Farmers Market, Inc | 1,568 | |||||||
71,259 | Sysco Corp | 2,922 | ||||||||
289,847 | Walgreens Boots Alliance, Inc | 24,682 | ||||||||
129,467 | Whole Foods Market, Inc | 4,337 | ||||||||
TOTAL FOOD & STAPLES RETAILING | 437,516 | |||||||||
FOOD, BEVERAGE & TOBACCO - 4.1% | ||||||||||
1,600,293 | Altria Group, Inc | 93,153 | ||||||||
353,900 | Associated British Foods plc | 17,414 | ||||||||
100,937 | *,e | Blue Buffalo Pet Products, Inc | 1,889 | |||||||
9,543 | e | Brown-Forman Corp | 1,051 | |||||||
91,860 | Brown-Forman Corp (Class B) | 9,120 | ||||||||
40,057 | Campbell Soup Co | 2,105 | ||||||||
2,314,912 | Coca-Cola Co | 99,449 | ||||||||
300,716 | Coca-Cola Enterprises, Inc | 14,807 | ||||||||
21,467 | ConAgra Foods, Inc | 905 | ||||||||
70,100 | Constellation Brands, Inc (Class A) | 9,985 | ||||||||
483,780 | Dr Pepper Snapple Group, Inc | 45,088 | ||||||||
60,087 | Flowers Foods, Inc | 1,291 | ||||||||
383,774 | General Mills, Inc | 22,129 | ||||||||
40,539 | * | Hain Celestial Group, Inc | 1,637 | |||||||
57,670 | Hershey Co | 5,148 | ||||||||
146,347 | Hormel Foods Corp | 11,573 | ||||||||
226,806 | Ingredion, Inc | 21,737 | ||||||||
87,981 | Kellogg Co | 6,358 | ||||||||
49,949 | Keurig Green Mountain, Inc | 4,495 | ||||||||
315,299 | Kraft Heinz Co | 22,941 | ||||||||
50,026 | McCormick & Co, Inc | 4,280 | ||||||||
181,559 | Mead Johnson Nutrition Co | 14,334 | ||||||||
206,597 | Molson Coors Brewing Co (Class B) | 19,404 | ||||||||
1,398,744 | * | Monster Beverage Corp | 208,357 | |||||||
1,007,635 | PepsiCo, Inc | 100,683 | ||||||||
591,602 | Philip Morris International, Inc | 52,008 | ||||||||
702,437 | e | Pilgrim's Pride Corp | 15,517 | |||||||
476,057 | Pinnacle Foods, Inc | 20,213 | ||||||||
325,052 | Reynolds American, Inc | 15,001 | ||||||||
635,233 | Suntory Beverage & Food Ltd | 27,808 | ||||||||
130,483 | Tyson Foods, Inc (Class A) | 6,959 | ||||||||
580,092 | * | WhiteWave Foods Co (Class A) | 22,571 | |||||||
TOTAL FOOD, BEVERAGE & TOBACCO | 899,410 | |||||||||
HEALTH CARE EQUIPMENT & SERVICES - 4.8% | ||||||||||
21,260 | * | Acadia Healthcare Co, Inc | 1,328 | |||||||
435,522 | Aetna Inc | 47,089 | ||||||||
31,744 | * | Align Technology, Inc | 2,090 | |||||||
23,135 | * | Allscripts Healthcare Solutions, Inc | 356 | |||||||
394,381 | AmerisourceBergen Corp | 40,901 | ||||||||
367,206 | Anthem, Inc | 51,203 |
241 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
15,074 | *,e | athenahealth, Inc | $ | 2,426 | ||||||
83,881 | Bard (C.R.), Inc | 15,890 | ||||||||
159,517 | Baxter International, Inc | 6,086 | ||||||||
102,672 | Becton Dickinson & Co | 15,821 | ||||||||
43,015 | * | Boston Scientific Corp | 793 | |||||||
11,663 | * | Brookdale Senior Living, Inc | 215 | |||||||
392,809 | Cardinal Health, Inc | 35,066 | ||||||||
471,370 | * | Centene Corp | 31,021 | |||||||
1,049,963 | * | Cerner Corp | 63,176 | |||||||
300,763 | Cigna Corp | 44,011 | ||||||||
12,967 | Cooper Cos, Inc | 1,740 | ||||||||
227,550 | * | DaVita, Inc | 15,863 | |||||||
92,423 | Dentsply International, Inc | 5,624 | ||||||||
31,447 | * | DexCom, Inc | 2,576 | |||||||
199,878 | * | Edwards Lifesciences Corp | 15,786 | |||||||
73,911 | * | Envision Healthcare Holdings, Inc | 1,920 | |||||||
1,017,116 | * | Express Scripts Holding Co | 88,906 | |||||||
262,286 | * | HCA Holdings, Inc | 17,738 | |||||||
82,835 | * | Health Net, Inc | 5,671 | |||||||
362,800 | Healthsouth Corp | 12,629 | ||||||||
32,972 | * | Henry Schein, Inc | 5,216 | |||||||
21,419 | Hill-Rom Holdings, Inc | 1,029 | ||||||||
694,885 | * | Hologic, Inc | 26,885 | |||||||
54,774 | Humana, Inc | 9,778 | ||||||||
142,086 | * | Idexx Laboratories, Inc | 10,361 | |||||||
281,881 | * | IMS Health Holdings, Inc | 7,180 | |||||||
10,431 | *,e | Inovalon Holdings, Inc | 177 | |||||||
212,135 | * | Intuitive Surgical, Inc | 115,860 | |||||||
20,448 | * | Inverness Medical Innovations, Inc | 799 | |||||||
103,876 | * | Laboratory Corp of America Holdings | 12,843 | |||||||
150,679 | * | LifePoint Hospitals, Inc | 11,060 | |||||||
462,945 | McKesson Corp | 91,307 | ||||||||
585,591 | Olympus Corp | 23,054 | ||||||||
17,366 | Patterson Cos, Inc | 785 | ||||||||
20,891 | * | Pediatrix Medical Group, Inc | 1,497 | |||||||
792,301 | * | Premier, Inc | 27,944 | |||||||
55,948 | e | Resmed, Inc | 3,004 | |||||||
74,374 | * | Sirona Dental Systems, Inc | 8,149 | |||||||
290,255 | St. Jude Medical, Inc | 17,929 | ||||||||
67,321 | Stryker Corp | 6,257 | ||||||||
39,105 | * | Tenet Healthcare Corp | 1,185 | |||||||
922,860 | UnitedHealth Group, Inc | 108,565 | ||||||||
268,298 | Universal Health Services, Inc (Class B) | 32,059 | ||||||||
104,284 | * | Varian Medical Systems, Inc | 8,426 | |||||||
30,057 | * | VCA Antech, Inc | 1,653 | |||||||
29,212 | *,e | Veeva Systems, Inc | 843 | |||||||
4,345 | Zimmer Holdings, Inc | 446 | ||||||||
TOTAL HEALTH CARE EQUIPMENT & SERVICES | 1,060,216 | |||||||||
HOUSEHOLD & PERSONAL PRODUCTS - 1.2% | ||||||||||
51,568 | Church & Dwight Co, Inc | 4,377 | ||||||||
40,974 | Clorox Co | 5,197 |
242 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
429,202 | Colgate-Palmolive Co | $ | 28,593 | |||||||
199,754 | e | Coty, Inc | 5,120 | |||||||
2,381,383 | Estee Lauder Cos (Class A) | 209,704 | ||||||||
83,254 | *,e | Herbalife Ltd | 4,464 | |||||||
113,510 | Kimberly-Clark Corp | 14,450 | ||||||||
5,064 | e | Nu Skin Enterprises, Inc (Class A) | 192 | |||||||
33,636 | Spectrum Brands, Inc | 3,424 | ||||||||
TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 275,521 | |||||||||
INSURANCE - 0.5% | ||||||||||
215,919 | ACE Ltd | 25,230 | ||||||||
119,800 | Allstate Corp | 7,438 | ||||||||
884 | Amtrust Financial Services, Inc | 54 | ||||||||
111,262 | Aon plc | 10,260 | ||||||||
38,342 | Arthur J. Gallagher & Co | 1,570 | ||||||||
47,532 | * | Berkshire Hathaway, Inc (Class B) | 6,276 | |||||||
8,759 | Erie Indemnity Co (Class A) | 838 | ||||||||
6,478 | * | Markel Corp | 5,722 | |||||||
433,952 | Marsh & McLennan Cos, Inc | 24,063 | ||||||||
458,300 | Metlife, Inc | 22,095 | ||||||||
145,900 | Travelers Cos, Inc | 16,466 | ||||||||
TOTAL INSURANCE | 120,012 | |||||||||
MATERIALS - 3.1% | ||||||||||
69,777 | Air Products & Chemicals, Inc | 9,079 | ||||||||
6,289 | Airgas, Inc | 870 | ||||||||
665,800 | Albemarle Corp | 37,291 | ||||||||
3,176 | Aptargroup, Inc | 231 | ||||||||
30,440 | Ashland, Inc | 3,126 | ||||||||
183,456 | Avery Dennison Corp | 11,495 | ||||||||
38,125 | * | Axalta Coating Systems Ltd | 1,016 | |||||||
55,014 | Ball Corp | 4,001 | ||||||||
4,368 | Bemis Co, Inc | 195 | ||||||||
1,511,349 | * | Berry Plastics Group, Inc | 54,681 | |||||||
4,475 | Celanese Corp (Series A) | 301 | ||||||||
93,202 | CF Industries Holdings, Inc | 3,804 | ||||||||
23,536 | Chemours Co | 126 | ||||||||
12,675 | Compass Minerals International, Inc | 954 | ||||||||
557,499 | * | Crown Holdings, Inc | 28,265 | |||||||
376,846 | Dow Chemical Co | 19,400 | ||||||||
192,576 | Du Pont (E.I.) de Nemours & Co | 12,826 | ||||||||
19,352 | Eagle Materials, Inc | 1,169 | ||||||||
79,726 | Eastman Chemical Co | 5,382 | ||||||||
126,403 | Ecolab, Inc | 14,458 | ||||||||
37,101 | FMC Corp | 1,452 | ||||||||
1,310,390 | Graphic Packaging Holding Co | 16,812 | ||||||||
47,201 | Huntsman Corp | 537 | ||||||||
32,380 | International Flavors & Fragrances, Inc | 3,874 | ||||||||
314,464 | International Paper Co | 11,855 | ||||||||
677,494 | LyondellBasell Industries AF S.C.A | 58,874 | ||||||||
3,886 | Martin Marietta Materials, Inc | 531 | ||||||||
1,221,500 | Monsanto Co | 120,342 |
243 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
3,275 | NewMarket Corp | $ | 1,247 | |||||||
997,800 | Olin Corp | 17,222 | ||||||||
4,178 | * | Owens-Illinois, Inc | 73 | |||||||
38,711 | Packaging Corp of America | 2,441 | ||||||||
8,089 | *,e | Platform Specialty Products Corp | 104 | |||||||
1,339,938 | PPG Industries, Inc | 132,413 | ||||||||
105,002 | Praxair, Inc | 10,752 | ||||||||
1,413 | Royal Gold, Inc | 52 | ||||||||
52,571 | RPM International, Inc | 2,316 | ||||||||
15,140 | Scotts Miracle-Gro Co (Class A) | 977 | ||||||||
208,797 | Sealed Air Corp | 9,312 | ||||||||
230,612 | Sherwin-Williams Co | 59,867 | ||||||||
16,706 | Silgan Holdings, Inc | 897 | ||||||||
15,351 | e | Southern Copper Corp (NY) | 401 | |||||||
289,166 | Steel Dynamics, Inc | 5,167 | ||||||||
8,043 | Tahoe Resources, Inc | 70 | ||||||||
32,136 | Valspar Corp | 2,666 | ||||||||
7,148 | Vulcan Materials Co | 679 | ||||||||
162,800 | Westlake Chemical Corp | 8,843 | ||||||||
232,102 | WestRock Co | 10,589 | ||||||||
28,797 | * | WR Grace & Co | 2,868 | |||||||
TOTAL MATERIALS | 691,903 | |||||||||
MEDIA - 4.5% | ||||||||||
282,419 | * | AMC Networks, Inc | 21,091 | |||||||
11,995 | Cablevision Systems Corp (Class A) | 383 | ||||||||
872,877 | CBS Corp (Class B) | 41,139 | ||||||||
29,647 | *,e | Charter Communications, Inc | 5,428 | |||||||
44,869 | Cinemark Holdings, Inc | 1,500 | ||||||||
5,821 | * | Clear Channel Outdoor Holdings, Inc (Class A) | 33 | |||||||
6,809,720 | Comcast Corp (Class A) | 384,272 | ||||||||
54,919 | *,e | Discovery Communications, Inc (Class A) | 1,465 | |||||||
205,240 | * | Discovery Communications, Inc (Class C) | 5,176 | |||||||
160,728 | * | DISH Network Corp (Class A) | 9,190 | |||||||
1,679,063 | Interpublic Group of Cos, Inc | 39,089 | ||||||||
132,819 | e | Lions Gate Entertainment Corp | 4,302 | |||||||
56,163 | * | Live Nation, Inc | 1,380 | |||||||
8,022 | * | Madison Square Garden Co | 1,298 | |||||||
24,066 | * | MSG Networks, Inc | 501 | |||||||
96,277 | Omnicom Group, Inc | 7,284 | ||||||||
34,046 | e | Regal Entertainment Group (Class A) | 642 | |||||||
120,963 | Scripps Networks Interactive (Class A) | 6,678 | ||||||||
1,216,809 | *,e | Sirius XM Holdings, Inc | 4,952 | |||||||
373,369 | * | Starz-Liberty Capital | 12,508 | |||||||
141,433 | Time Warner Cable, Inc | 26,249 | ||||||||
1,707,441 | Time Warner, Inc | 110,420 | ||||||||
434,325 | Tribune Co | 14,685 | ||||||||
399,423 | Twenty-First Century Fox, Inc | 10,848 | ||||||||
129,220 | Twenty-First Century Fox, Inc (Class B) | 3,519 | ||||||||
4,247 | Viacom, Inc | 187 | ||||||||
1,096,432 | Viacom, Inc (Class B) | 45,129 | ||||||||
2,369,163 | Walt Disney Co | 248,952 | ||||||||
TOTAL MEDIA | 1,008,300 |
244 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 12.1% | ||||||||||
2,251,693 | AbbVie, Inc | $ | 133,390 | |||||||
10,628 | *,e | Agios Pharmaceuticals, Inc | 690 | |||||||
32,243 | *,e | Akorn, Inc | 1,203 | |||||||
675,159 | * | Alexion Pharmaceuticals, Inc | 128,786 | |||||||
48,856 | * | Alkermes plc | 3,878 | |||||||
1,104,429 | * | Allergan plc | 345,134 | |||||||
23,887 | * | Alnylam Pharmaceuticals, Inc | 2,249 | |||||||
1,075,857 | Amgen, Inc | 174,644 | ||||||||
323,025 | Baxalta, Inc | 12,608 | ||||||||
526,433 | * | Biogen Idec, Inc | 161,273 | |||||||
488,171 | * | BioMarin Pharmaceutical, Inc | 51,141 | |||||||
6,312 | Bio-Techne Corp | 568 | ||||||||
13,709 | *,e | Bluebird Bio, Inc | 880 | |||||||
2,091,260 | Bristol-Myers Squibb Co | 143,858 | ||||||||
187,052 | * | Bruker BioSciences Corp | 4,540 | |||||||
3,005,567 | * | Celgene Corp | 359,947 | |||||||
114,381 | * | Charles River Laboratories International, Inc | 9,195 | |||||||
2,018,070 | Eli Lilly & Co | 170,042 | ||||||||
30,491 | * | Endo International plc | 1,867 | |||||||
3,635,497 | Gilead Sciences, Inc | 367,876 | ||||||||
450,000 | * | H Lundbeck AS | 15,365 | |||||||
424,010 | * | Illumina, Inc | 81,387 | |||||||
218,442 | * | Incyte Corp | 23,690 | |||||||
16,164 | *,e | Intercept Pharmaceuticals, Inc | 2,414 | |||||||
16,694 | *,e | Intrexon Corp | 503 | |||||||
46,977 | *,e | Ionis Pharmaceuticals, Inc | 2,909 | |||||||
47,758 | * | Jazz Pharmaceuticals plc | 6,713 | |||||||
275,345 | Johnson & Johnson | 28,283 | ||||||||
4,906 | *,e | Juno Therapeutics, Inc | 216 | |||||||
126,631 | * | Mallinckrodt plc | 9,450 | |||||||
264,316 | * | Medivation, Inc | 12,777 | |||||||
127,332 | Merck & Co, Inc | 6,726 | ||||||||
10,881 | * | Mettler-Toledo International, Inc | 3,690 | |||||||
749,400 | *,e | Mylan NV | 40,520 | |||||||
356,900 | Novo Nordisk AS | 20,664 | ||||||||
124,385 | *,e | Opko Health, Inc | 1,250 | |||||||
122,617 | PerkinElmer, Inc | 6,568 | ||||||||
73,302 | Perrigo Co plc | 10,607 | ||||||||
342,605 | Pfizer, Inc | 11,059 | ||||||||
9,149 | *,e | Puma Biotechnology, Inc | 717 | |||||||
131,120 | * | Quintiles Transnational Holdings, Inc | 9,003 | |||||||
41,805 | * | Regeneron Pharmaceuticals, Inc | 22,695 | |||||||
39,036 | *,e | Seattle Genetics, Inc | 1,752 | |||||||
385,041 | Teva Pharmaceutical Industries Ltd (ADR) | 25,274 | ||||||||
629,149 | Thermo Electron Corp | 89,245 | ||||||||
152,951 | * | United Therapeutics Corp | 23,954 | |||||||
384,365 | * | Vertex Pharmaceuticals, Inc | 48,365 | |||||||
6,369 | * | VWR Corp | 180 | |||||||
104,854 | * | Waters Corp | 14,111 |
245 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,598,470 | Zoetis Inc | $ | 76,599 | |||||||
TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 2,670,455 | |||||||||
REAL ESTATE - 1.6% | ||||||||||
370,169 | American Tower Corp | 35,888 | ||||||||
55,186 | Boston Properties, Inc | 7,038 | ||||||||
2,930,663 | * | CBRE Group, Inc | 101,342 | |||||||
2,261 | Columbia Property Trust, Inc | 53 | ||||||||
151,890 | Crown Castle International Corp | 13,131 | ||||||||
30,701 | Digital Realty Trust, Inc | 2,322 | ||||||||
15,928 | Empire State Realty Trust, Inc | 288 | ||||||||
24,119 | Equinix, Inc | 7,294 | ||||||||
135,408 | Equity Lifestyle Properties, Inc | 9,028 | ||||||||
47,919 | Extra Space Storage, Inc | 4,227 | ||||||||
26,814 | Federal Realty Investment Trust | 3,917 | ||||||||
3,432 | * | Four Corners Property Trust, Inc | 83 | |||||||
5,048 | Gaming and Leisure Properties, Inc | 140 | ||||||||
5,047 | Healthcare Trust of America, Inc | 136 | ||||||||
5,795 | * | Howard Hughes Corp | 656 | |||||||
33,951 | Iron Mountain, Inc | 917 | ||||||||
143,981 | Jones Lang LaSalle, Inc | 23,017 | ||||||||
31,599 | Lamar Advertising Co | 1,895 | ||||||||
20,444 | Omega Healthcare Investors, Inc | 715 | ||||||||
29,619 | Plum Creek Timber Co, Inc | 1,413 | ||||||||
74,968 | Post Properties, Inc | 4,435 | ||||||||
104,739 | Public Storage, Inc | 25,944 | ||||||||
1,402,509 | * | Realogy Holdings Corp | 51,430 | |||||||
219,356 | Simon Property Group, Inc | 42,652 | ||||||||
36,360 | Tanger Factory Outlet Centers, Inc | 1,189 | ||||||||
7,989 | Taubman Centers, Inc | 613 | ||||||||
63,929 | Welltower, Inc | 4,349 | ||||||||
18,315 | Weyerhaeuser Co | 549 | ||||||||
TOTAL REAL ESTATE | 344,661 | |||||||||
RETAILING - 9.8% | ||||||||||
3,946 | Aaron’s, Inc | 88 | ||||||||
45,421 | Advance Auto Parts, Inc | 6,836 | ||||||||
1,158,092 | * | Amazon.com, Inc | 782,743 | |||||||
500,000 | * | ASOS plc | 25,405 | |||||||
298,269 | * | Autonation, Inc | 17,795 | |||||||
58,748 | * | AutoZone, Inc | 43,586 | |||||||
165,498 | * | Bed Bath & Beyond, Inc | 7,985 | |||||||
750,300 | Best Buy Co, Inc | 22,847 | ||||||||
1,973 | *,e | Cabela’s, Inc | 92 | |||||||
1,213,961 | *,e | Carmax, Inc | 65,517 | |||||||
1,988,757 | * | Cnova NV | 4,793 | |||||||
23,503 | CST Brands, Inc | 920 | ||||||||
765,152 | *,e | Ctrip.com International Ltd (ADR) | 35,450 | |||||||
23,695 | Dick’s Sporting Goods, Inc | 838 | ||||||||
183,270 | e | Dillard’s, Inc (Class A) | 12,043 | |||||||
146,408 | Dollar General Corp | 10,522 | ||||||||
90,732 | * | Dollar Tree, Inc | 7,006 |
246 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,810 | e | DSW, Inc (Class A) | $ | 43 | ||||||
1,206,849 | Expedia, Inc | 150,011 | ||||||||
49,532 | Fast Retailing Co Ltd | 17,327 | ||||||||
567,783 | Foot Locker, Inc | 36,957 | ||||||||
94,312 | e | Gap, Inc | 2,330 | |||||||
140,152 | Genuine Parts Co | 12,038 | ||||||||
33,406 | GNC Holdings, Inc | 1,036 | ||||||||
4,204,717 | *,e | Groupon, Inc | 12,908 | |||||||
2,880,705 | Home Depot, Inc | 380,973 | ||||||||
133,244 | L Brands, Inc | 12,767 | ||||||||
1,884,814 | * | Liberty Interactive Corp | 51,493 | |||||||
55,662 | * | Liberty Ventures | 2,511 | |||||||
350,931 | * | LKQ Corp | 10,398 | |||||||
1,126,901 | Lowe's Companies, Inc | 85,690 | ||||||||
206,434 | Macy's, Inc | 7,221 | ||||||||
21,992 | * | Michaels Cos, Inc | 486 | |||||||
79,635 | * | Murphy USA, Inc | 4,837 | |||||||
551,038 | * | NetFlix, Inc | 63,028 | |||||||
56,039 | e | Nordstrom, Inc | 2,791 | |||||||
26,627 | * | Office Depot, Inc | 150 | |||||||
144,426 | * | O'Reilly Automotive, Inc | 36,600 | |||||||
298,567 | Penske Auto Group, Inc | 12,641 | ||||||||
53,293 | * | Priceline.com, Inc | 67,946 | |||||||
192,555 | Ross Stores, Inc | 10,361 | ||||||||
292,437 | * | Sally Beauty Holdings, Inc | 8,156 | |||||||
566 | *,e | Sears Holdings Corp | 12 | |||||||
31,520 | Signet Jewelers Ltd | 3,899 | ||||||||
380,291 | Target Corp | 27,613 | ||||||||
33,709 | Tiffany & Co | 2,572 | ||||||||
890,179 | TJX Companies, Inc | 63,123 | ||||||||
53,865 | Tractor Supply Co | 4,605 | ||||||||
43,839 | * | TripAdvisor, Inc | 3,737 | |||||||
90,436 | * | Ulta Salon Cosmetics & Fragrance, Inc | 16,731 | |||||||
33,061 | * | Urban Outfitters, Inc | 752 | |||||||
36,459 | Williams-Sonoma, Inc | 2,130 | ||||||||
TOTAL RETAILING | 2,160,339 | |||||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.7% | ||||||||||
112,796 | Analog Devices, Inc | 6,240 | ||||||||
1,365,055 | Applied Materials, Inc | 25,486 | ||||||||
1,377,861 | e | ARM Holdings plc (ADR) | 62,334 | |||||||
160,082 | Atmel Corp | 1,378 | ||||||||
218,034 | Avago Technologies Ltd | 31,648 | ||||||||
913,607 | Broadcom Corp (Class A) | 52,825 | ||||||||
358,436 | Intel Corp | 12,348 | ||||||||
63,652 | Kla-Tencor Corp | 4,414 | ||||||||
156,592 | Lam Research Corp | 12,437 | ||||||||
186,086 | Linear Technology Corp | 7,903 | ||||||||
37,667 | Maxim Integrated Products, Inc | 1,431 | ||||||||
83,223 | e | Microchip Technology, Inc | 3,873 | |||||||
315,290 | * | Micron Technology, Inc | 4,465 | |||||||
622,975 | * | NXP Semiconductors NV | 52,486 |
247 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
151,783 | * | ON Semiconductor Corp | $ | 1,488 | ||||||
58,177 | * | Qorvo, Inc | 2,961 | |||||||
370,247 | Skyworks Solutions, Inc | 28,446 | ||||||||
43,777 | *,e | SunEdison, Inc | 223 | |||||||
1,815 | *,e | SunPower Corp | 54 | |||||||
555,760 | Texas Instruments, Inc | 30,461 | ||||||||
581,356 | Xilinx, Inc | 27,306 | ||||||||
TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 370,207 | |||||||||
SOFTWARE & SERVICES - 24.4% | ||||||||||
763,492 | Accenture plc | 79,785 | ||||||||
1,352,024 | Activision Blizzard, Inc | 52,337 | ||||||||
3,573,657 | * | Adobe Systems, Inc | 335,709 | |||||||
308,085 | * | Akamai Technologies, Inc | 16,214 | |||||||
418,784 | * | Alibaba Group Holding Ltd (ADR) | 34,035 | |||||||
120,919 | * | Alliance Data Systems Corp | 33,442 | |||||||
508,109 | * | Alphabet, Inc (Class A) | 395,314 | |||||||
878,415 | * | Alphabet, Inc (Class C) | 666,612 | |||||||
356,691 | Amdocs Ltd | 19,465 | ||||||||
5,910 | * | Ansys, Inc | 547 | |||||||
467,652 | * | Autodesk, Inc | 28,494 | |||||||
162,404 | Automatic Data Processing, Inc | 13,759 | ||||||||
7,468 | *,e | Black Knight Financial Services, Inc | 247 | |||||||
38,740 | Booz Allen Hamilton Holding Co | 1,195 | ||||||||
47,348 | Broadridge Financial Solutions, Inc | 2,544 | ||||||||
115,569 | * | Cadence Design Systems, Inc | 2,405 | |||||||
129,592 | CDK Global, Inc | 6,152 | ||||||||
543,669 | *,e | Check Point Software Technologies | 44,244 | |||||||
427,208 | *,e | Cimpress NV | 34,664 | |||||||
246,475 | * | Citrix Systems, Inc | 18,646 | |||||||
428,770 | * | Cognizant Technology Solutions Corp (Class A) | 25,735 | |||||||
211,100 | Computer Sciences Corp | 6,899 | ||||||||
12,743 | * | CoStar Group, Inc | 2,634 | |||||||
211,100 | * | CSRA, Inc | 6,333 | |||||||
116,734 | DST Systems, Inc | 13,315 | ||||||||
3,164,130 | * | eBay, Inc | 86,950 | |||||||
272,938 | * | Electronic Arts, Inc | 18,756 | |||||||
5,611,187 | * | Facebook, Inc | 587,267 | |||||||
47,334 | Fidelity National Information Services, Inc | 2,868 | ||||||||
54,598 | *,e | FireEye, Inc | 1,132 | |||||||
434,161 | * | First American Corp | 14,701 | |||||||
54,958 | * | First Data Corp | 880 | |||||||
93,522 | * | Fiserv, Inc | 8,553 | |||||||
174,323 | * | FleetCor Technologies, Inc | 24,916 | |||||||
56,300 | * | Fortinet, Inc | 1,755 | |||||||
32,951 | * | Gartner, Inc | 2,989 | |||||||
60,777 | * | Genpact Ltd | 1,518 | |||||||
774,890 | Global Payments, Inc | 49,988 | ||||||||
9,708 | *,e | GoDaddy, Inc | 311 | |||||||
820,000 | *,e | GrubHub, Inc | 19,844 | |||||||
390,940 | IAC/InterActiveCorp | 23,476 | ||||||||
574,530 | International Business Machines Corp | 79,067 |
248 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
3,629,392 | Intuit, Inc | $ | 350,236 | |||||||
32,203 | Jack Henry & Associates, Inc | 2,514 | ||||||||
2,520,000 | * | Just Eat plc | 18,298 | |||||||
33,067 | King Digital Entertainment plc | 591 | ||||||||
75,460 | Leidos Holdings, Inc | 4,245 | ||||||||
52,650 | * | LinkedIn Corp | 11,850 | |||||||
3,449,222 | Mastercard, Inc (Class A) | 335,816 | ||||||||
12,040 | *,e | Match Group, Inc | 163 | |||||||
9,508,155 | Microsoft Corp | 527,512 | ||||||||
693,849 | *,e | Mobileye NV | 29,336 | |||||||
214,500 | Netease.com (ADR) | 38,876 | ||||||||
16,434 | *,e | NetSuite, Inc | 1,391 | |||||||
3,209,961 | Oracle Corp | 117,260 | ||||||||
81,133 | * | Pandora Media, Inc | 1,088 | |||||||
111,988 | Paychex, Inc | 5,923 | ||||||||
3,537,595 | * | PayPal Holdings, Inc | 128,061 | |||||||
47,298 | * | PTC, Inc | 1,638 | |||||||
130,753 | * | Rackspace Hosting, Inc | 3,311 | |||||||
1,343,769 | * | Red Hat, Inc | 111,278 | |||||||
562,203 | Sabre Corp | 15,725 | ||||||||
3,341,794 | * | Salesforce.com, Inc | 261,997 | |||||||
422,132 | *,g | Scout24 AG. | 14,965 | |||||||
731,100 | * | ServiceNow, Inc | 63,284 | |||||||
25,708 | * | SolarWinds, Inc | 1,514 | |||||||
25,757 | Solera Holdings, Inc | 1,412 | ||||||||
49,869 | * | Splunk, Inc | 2,933 | |||||||
11,577 | * | Square, Inc | 151 | |||||||
28,272 | SS&C Technologies Holdings, Inc | 1,930 | ||||||||
2,645 | * | Synopsys, Inc | 121 | |||||||
19,605 | * | Tableau Software, Inc | 1,847 | |||||||
790,000 | Tencent Holdings Ltd | 15,468 | ||||||||
39,862 | * | Teradata Corp | 1,053 | |||||||
175,260 | Total System Services, Inc | 8,728 | ||||||||
248,039 | * | Twitter, Inc | 5,740 | |||||||
11,174 | * | Ultimate Software Group, Inc | 2,185 | |||||||
241,089 | * | Vantiv, Inc | 11,432 | |||||||
46,786 | * | VeriFone Systems, Inc | 1,311 | |||||||
39,787 | *,e | VeriSign, Inc | 3,476 | |||||||
5,920,723 | Visa, Inc (Class A) | 459,152 | ||||||||
116,625 | *,e | VMware, Inc (Class A) | 6,597 | |||||||
206,733 | e | Western Union Co | 3,703 | |||||||
66,698 | * | WEX, Inc | 5,896 | |||||||
41,193 | * | Workday, Inc | 3,282 | |||||||
750,000 | * | Yahoo!, Inc | 24,945 | |||||||
22,363 | * | Yelp, Inc | 644 | |||||||
10,822 | *,e | Zillow Group, Inc | 282 | |||||||
21,644 | *,e | Zillow Group, Inc (Class C) | 508 | |||||||
TOTAL SOFTWARE & SERVICES | 5,375,365 | |||||||||
TECHNOLOGY HARDWARE & EQUIPMENT - 5.5% | ||||||||||
10,036 | * | 3D Systems Corp | 87 | |||||||
121,402 | Amphenol Corp (Class A) | 6,341 |
249 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
9,751,997 | d | Apple, Inc | $ | 1,026,495 | ||||||
12,405 | *,e | Arista Networks, Inc | 966 | |||||||
27,544 | * | ARRIS Group, Inc | 842 | |||||||
170,118 | CDW Corp | 7,152 | ||||||||
2,519,173 | Cisco Systems, Inc | 68,408 | ||||||||
32,942 | Cognex Corp | 1,112 | ||||||||
19,176 | * | CommScope Holding Co, Inc | 497 | |||||||
61,564 | EMC Corp | 1,581 | ||||||||
101,139 | * | F5 Networks, Inc | 9,806 | |||||||
85,044 | *,e | Fitbit, Inc | 2,516 | |||||||
36,370 | Flir Systems, Inc | 1,021 | ||||||||
8,459 | Harris Corp | 735 | ||||||||
225,899 | Ingram Micro, Inc (Class A) | 6,863 | ||||||||
14,212 | *,e | IPG Photonics Corp | 1,267 | |||||||
14,825 | Jabil Circuit, Inc | 345 | ||||||||
273,546 | Juniper Networks, Inc | 7,550 | ||||||||
246,993 | * | Keysight Technologies, Inc | 6,997 | |||||||
69,101 | Motorola, Inc | 4,730 | ||||||||
10,174 | National Instruments Corp | 292 | ||||||||
155,749 | NetApp, Inc | 4,132 | ||||||||
259,454 | * | Palo Alto Networks, Inc | 45,700 | |||||||
90,188 | Qualcomm, Inc | 4,508 | ||||||||
255 | * | Trimble Navigation Ltd | 6 | |||||||
175,300 | Western Digital Corp | 10,527 | ||||||||
21,276 | * | Zebra Technologies Corp (Class A) | 1,482 | |||||||
TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 1,221,958 | |||||||||
TELECOMMUNICATION SERVICES - 1.0% | ||||||||||
459,615 | AT&T, Inc | 15,815 | ||||||||
809,400 | g | Cellnex Telecom SAU | 15,133 | |||||||
1,297,826 | * | Level 3 Communications, Inc | 70,550 | |||||||
25,378 | * | SBA Communications Corp (Class A) | 2,667 | |||||||
2,573,967 | Verizon Communications, Inc | 118,969 | ||||||||
51,078 | * | Zayo Group Holdings, Inc | 1,358 | |||||||
TOTAL TELECOMMUNICATION SERVICES | 224,492 | |||||||||
TRANSPORTATION - 2.4% | ||||||||||
366,440 | Alaska Air Group, Inc | 29,502 | ||||||||
33,472 | Amerco, Inc | 13,037 | ||||||||
282,186 | American Airlines Group, Inc | 11,951 | ||||||||
172,762 | * | Avis Budget Group, Inc | 6,270 | |||||||
147,229 | CH Robinson Worldwide, Inc | 9,131 | ||||||||
104,850 | CSX Corp | 2,721 | ||||||||
1,657,356 | Delta Air Lines, Inc | 84,011 | ||||||||
238,075 | Expeditors International of Washington, Inc | 10,737 | ||||||||
322,834 | FedEx Corp | 48,099 | ||||||||
6,951 | * | Genesee & Wyoming, Inc (Class A) | 373 | |||||||
2,616,196 | * | Hertz Global Holdings, Inc | 37,229 | |||||||
36,496 | J.B. Hunt Transport Services, Inc | 2,677 | ||||||||
287,711 | * | JetBlue Airways Corp | 6,517 | |||||||
16,822 | Landstar System, Inc | 987 | ||||||||
27,191 | * | Old Dominion Freight Line | 1,606 |
250 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
175,500 | Ryanair Holdings plc (ADR) | $ | 15,174 | |||||||
173,046 | Ryder System, Inc | 9,834 | ||||||||
1,233,744 | Southwest Airlines Co | 53,125 | ||||||||
333,356 | * | Spirit Airlines, Inc | 13,284 | |||||||
1,414,519 | Union Pacific Corp | 110,615 | ||||||||
565,307 | * | United Continental Holdings, Inc | 32,392 | |||||||
425,632 | United Parcel Service, Inc (Class B) | 40,959 | ||||||||
TOTAL TRANSPORTATION | 540,231 | |||||||||
UTILITIES - 0.0% | ||||||||||
17,767 | * | Calpine Corp | 257 | |||||||
10,751 | Dominion Resources, Inc | 727 | ||||||||
20,552 | ITC Holdings Corp | 807 | ||||||||
1,094 | e | TerraForm Power, Inc | 14 | |||||||
TOTAL UTILITIES | 1,805 | |||||||||
TOTAL COMMON STOCKS | 21,925,663 | |||||||||
(Cost $17,556,208) |
MATURITY | ||||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | |||||||||||||
SHORT-TERM INVESTMENTS - 3.2% | ||||||||||||||||
GOVERNMENT AGENCY DEBT - 0.5% | ||||||||||||||||
$ | 15,000,000 | d | Federal Home Loan Bank (FHLB) | 0.130 | % | 01/04/16 | 15,000 | |||||||||
25,000,000 | d | FHLB | 0.095-0.170 | 01/25/16 | 24,998 | |||||||||||
20,000,000 | d | FHLB | 0.125 | 02/09/16 | 19,995 | |||||||||||
14,000,000 | FHLB | 0.310 | 02/12/16 | 13,996 | ||||||||||||
30,000,000 | d | Federal National Mortgage Association (FNMA) | 0.100 | 01/14/16 | 29,999 | |||||||||||
10,000,000 | FNMA | 0.612 | 06/08/16 | 9,979 | ||||||||||||
TOTAL GOVERNMENT AGENCY DEBT | 113,967 | |||||||||||||||
TREASURY DEBT - 0.3% | ||||||||||||||||
2,000,000 | d | United States Treasury Bill | 0.115 | 01/14/16 | 2,000 | |||||||||||
30,000,000 | d | United States Treasury Bill | 0.141 | 03/24/16 | 29,988 | |||||||||||
45,000,000 | d | United States Treasury Bill | 0.451 | 06/30/16 | 44,892 | |||||||||||
TOTAL TREASURY DEBT | 76,880 |
SHARES | COMPANY | |||||||||
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 2.4% | ||||||||||
533,630,785 | a,c | TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust | 533,631 | |||||||
TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES | 533,631 | |||||||||
TOTAL SHORT-TERM INVESTMENTS | 724,478 | |||||||||
(Cost $724,481) |
251 |
COLLEGE RETIREMENT EQUITIES FUND - Growth Account
VALUE (000) | ||||||||||
TOTAL INVESTMENTS - 102.3% | $ | 22,650,141 | ||||||||
(Cost $18,280,689) | ||||||||||
OTHER ASSETS & LIABILITIES, NET - (2.3)% | (517,996 | ) | ||||||||
NET ASSETS - 100.0% | $ | 22,132,145 | ||||||||
| ||
Abbreviation(s): | ||
ADR | American Depositary Receipt | |
* | Non-income producing | |
a | Affiliated holding | |
c | Investments made with cash collateral received from securities on loan. | |
d | All or a portion of these securities have been segregated by the custodian to cover margin requirements on open futures transactions. | |
e | All or a portion of these securities are out on loan. The aggregate value of securities on loan is $518,588,000. | |
g | Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/15, the aggregate value of these securities was $61,372,000, or 0.3% of net assets. | |
Cost amounts are in thousands. |
252 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
COLLEGE RETIREMENT EQUITIES FUND
EQUITY INDEX ACCOUNT
SCHEDULE OF INVESTMENTS
December 31, 2015
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
COMMON STOCKS - 99.8% | ||||||||||
AUTOMOBILES & COMPONENTS - 1.1% | ||||||||||
56,324 | * | American Axle & Manufacturing Holdings, Inc | $ | 1,067 | ||||||
167,583 | BorgWarner, Inc | 7,245 | ||||||||
42,817 | Cooper Tire & Rubber Co | 1,621 | ||||||||
10,380 | * | Cooper-Standard Holding, Inc | 805 | |||||||
120,374 | Dana Holding Corp | 1,661 | ||||||||
212,071 | Delphi Automotive plc | 18,181 | ||||||||
20,030 | *,e | Dorman Products, Inc | 951 | |||||||
17,932 | Drew Industries, Inc | 1,092 | ||||||||
21,876 | *,e | Federal Mogul Corp (Class A) | 150 | |||||||
2,849,911 | Ford Motor Co | 40,155 | ||||||||
12,496 | * | Fox Factory Holding Corp | 207 | |||||||
1,172,512 | General Motors Co | 39,877 | ||||||||
218,376 | Gentex Corp | 3,496 | ||||||||
26,543 | * | Gentherm, Inc | 1,258 | |||||||
191,568 | Goodyear Tire & Rubber Co | 6,258 | ||||||||
154,043 | Harley-Davidson, Inc | 6,992 | ||||||||
13,693 | * | Horizon Global Corp | 142 | |||||||
484,264 | Johnson Controls, Inc | 19,124 | ||||||||
55,720 | Lear Corp | 6,844 | ||||||||
6,649 | Metaldyne Performance Group, Inc | 122 | ||||||||
36,302 | * | Modine Manufacturing Co | 329 | |||||||
13,147 | * | Motorcar Parts of America, Inc | 444 | |||||||
15,087 | Standard Motor Products, Inc | 574 | ||||||||
20,247 | * | Stoneridge, Inc | 300 | |||||||
2,693 | Strattec Security Corp | 152 | ||||||||
17,815 | Superior Industries International, Inc | 328 | ||||||||
45,591 | * | Tenneco, Inc | 2,093 | |||||||
72,086 | *,e | Tesla Motors, Inc | 17,301 | |||||||
33,978 | Thor Industries, Inc | 1,908 | ||||||||
15,398 | Tower International, Inc | 440 | ||||||||
33,034 | * | Visteon Corp | 3,782 | |||||||
21,322 | e | Winnebago Industries, Inc | 424 | |||||||
TOTAL AUTOMOBILES & COMPONENTS | 185,323 | |||||||||
BANKS - 6.2% | ||||||||||
12,604 | 1st Source Corp | 389 | ||||||||
5,171 | e | Access National Corp | 106 | |||||||
5,882 | American National Bankshares, Inc | 151 | ||||||||
23,589 | Ameris Bancorp | 802 | ||||||||
7,069 | e | Ames National Corp | 172 | |||||||
5,633 | * | Anchor BanCorp Wisconsin, Inc | 245 | |||||||
24,400 | Apollo Residential Mortgage | 292 |
253 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
7,490 | Arrow Financial Corp | $ | 204 | |||||||
112,856 | Associated Banc-Corp | 2,116 | ||||||||
66,701 | Astoria Financial Corp | 1,057 | ||||||||
25,515 | Banc of California, Inc | 373 | ||||||||
5,016 | Bancfirst Corp | 294 | ||||||||
21,466 | Banco Latinoamericano de Exportaciones S.A. (Class E) | 557 | ||||||||
72,389 | Bancorpsouth, Inc | 1,737 | ||||||||
41,404 | Bank Mutual Corp | 323 | ||||||||
7,745,786 | Bank of America Corp | 130,362 | ||||||||
32,426 | Bank of Hawaii Corp | 2,040 | ||||||||
3,864 | Bank of Marin Bancorp | 206 | ||||||||
57,827 | Bank of the Ozarks, Inc | 2,860 | ||||||||
15,980 | BankFinancial Corp | 202 | ||||||||
76,129 | BankUnited | 2,745 | ||||||||
15,583 | Banner Corp | 715 | ||||||||
4,570 | Bar Harbor Bankshares | 157 | ||||||||
569,437 | BB&T Corp | 21,530 | ||||||||
59,137 | BBCN Bancorp, Inc | 1,018 | ||||||||
4,100 | *,e | BBX Capital Corp | 64 | |||||||
9,956 | *,e | Bear State Financial, Inc | 108 | |||||||
61,657 | * | Beneficial Bancorp, Inc | 821 | |||||||
21,508 | Berkshire Hills Bancorp, Inc | 626 | ||||||||
20,549 | Blue Hills Bancorp, Inc | 315 | ||||||||
17,544 | BNC Bancorp | 445 | ||||||||
45,284 | *,e | BofI Holding, Inc | 953 | |||||||
20,505 | e | BOK Financial Corp | 1,226 | |||||||
59,217 | Boston Private Financial Holdings, Inc | 672 | ||||||||
8,872 | Bridge Bancorp, Inc | 270 | ||||||||
54,590 | Brookline Bancorp, Inc | 628 | ||||||||
12,987 | Bryn Mawr Bank Corp | 373 | ||||||||
6,346 | * | BSB Bancorp, Inc | 148 | |||||||
4,588 | * | C1 Financial, Inc | 111 | |||||||
5,527 | Camden National Corp | 244 | ||||||||
16,948 | Capital Bank Financial Corp | 542 | ||||||||
9,158 | Capital City Bank Group, Inc | 141 | ||||||||
105,428 | Capitol Federal Financial | 1,324 | ||||||||
22,480 | Cardinal Financial Corp | 511 | ||||||||
21,201 | * | Cascade Bancorp | 129 | |||||||
60,166 | Cathay General Bancorp | 1,885 | ||||||||
33,881 | Centerstate Banks of Florida, Inc | 530 | ||||||||
17,227 | Central Pacific Financial Corp | 379 | ||||||||
2,883 | Century Bancorp, Inc | 125 | ||||||||
13,560 | Charter Financial Corp | 179 | ||||||||
24,990 | Chemical Financial Corp | 856 | ||||||||
128,729 | CIT Group, Inc | 5,111 | ||||||||
2,224,775 | Citigroup, Inc | 115,132 | ||||||||
9,568 | Citizens & Northern Corp | 201 | ||||||||
221,768 | Citizens Financial Group, Inc | 5,808 | ||||||||
10,721 | e | City Holding Co | 489 | |||||||
19,650 | Clifton Bancorp, Inc | 282 | ||||||||
9,772 | CNB Financial Corp | 176 | ||||||||
26,184 | CoBiz, Inc | 351 |
254 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
42,696 | Columbia Banking System, Inc | $ | 1,388 | |||||||
131,821 | Comerica, Inc | 5,514 | ||||||||
40,726 | e | Commerce Bancshares, Inc | 1,733 | |||||||
30,550 | Community Bank System, Inc | 1,220 | ||||||||
12,718 | Community Trust Bancorp, Inc | 445 | ||||||||
7,261 | * | CommunityOne Bancorp | 98 | |||||||
21,722 | ConnectOne Bancorp, Inc | 406 | ||||||||
12,656 | * | CU Bancorp | 321 | |||||||
39,988 | e | Cullen/Frost Bankers, Inc | 2,399 | |||||||
19,196 | * | Customers Bancorp, Inc | 523 | |||||||
80,226 | e | CVB Financial Corp | 1,357 | |||||||
23,810 | Dime Community Bancshares | 416 | ||||||||
22,108 | * | Eagle Bancorp, Inc | 1,116 | |||||||
106,767 | East West Bancorp, Inc | 4,437 | ||||||||
4,559 | Enterprise Bancorp, Inc | 104 | ||||||||
14,785 | Enterprise Financial Services Corp | 419 | ||||||||
40,929 | * | Essent Group Ltd | 896 | |||||||
57,923 | EverBank Financial Corp | 926 | ||||||||
4,054 | * | Farmers Capital Bank Corp | 110 | |||||||
20,788 | * | FCB Financial Holdings, Inc | 744 | |||||||
7,387 | Federal Agricultural Mortgage Corp (Class C) | 233 | ||||||||
12,551 | Fidelity Southern Corp | 280 | ||||||||
599,099 | Fifth Third Bancorp | 12,042 | ||||||||
10,211 | Financial Institutions, Inc | 286 | ||||||||
15,337 | First Bancorp (NC) | 287 | ||||||||
85,475 | * | First Bancorp (Puerto Rico) | 278 | |||||||
6,485 | First Bancorp, Inc | 133 | ||||||||
19,350 | First Busey Corp | 399 | ||||||||
6,176 | First Business Financial Services, Inc | 154 | ||||||||
5,634 | First Citizens Bancshares, Inc (Class A) | 1,455 | ||||||||
66,434 | First Commonwealth Financial Corp | 603 | ||||||||
12,139 | First Community Bancshares, Inc | 226 | ||||||||
13,926 | First Connecticut Bancorp | 242 | ||||||||
7,726 | First Defiance Financial Corp | 292 | ||||||||
44,691 | First Financial Bancorp | 808 | ||||||||
48,150 | e | First Financial Bankshares, Inc | 1,453 | |||||||
8,954 | First Financial Corp | 304 | ||||||||
172,999 | First Horizon National Corp | 2,512 | ||||||||
13,482 | First Interstate Bancsystem, Inc | 392 | ||||||||
26,538 | First Merchants Corp | 675 | ||||||||
57,533 | First Midwest Bancorp, Inc | 1,060 | ||||||||
11,498 | * | First NBC Bank Holding Co | 430 | |||||||
263,698 | First Niagara Financial Group, Inc | 2,861 | ||||||||
8,623 | First of Long Island Corp | 259 | ||||||||
105,295 | First Republic Bank | 6,956 | ||||||||
123,577 | FirstMerit Corp | 2,305 | ||||||||
15,789 | * | Flagstar Bancorp, Inc | 365 | |||||||
23,200 | Flushing Financial Corp | 502 | ||||||||
127,680 | e | FNB Corp | 1,703 | |||||||
10,372 | Fox Chase Bancorp, Inc | 210 | ||||||||
3,888 | * | Franklin Financial Network, Inc | 122 | |||||||
130,713 | Fulton Financial Corp | 1,701 |
255 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
9,802 | German American Bancorp, Inc | $ | 327 | |||||||
56,600 | e | Glacier Bancorp, Inc | 1,502 | |||||||
7,809 | Great Southern Bancorp, Inc | 353 | ||||||||
30,455 | Great Western Bancorp, Inc | 884 | ||||||||
7,975 | *,e | Green Bancorp, Inc | 84 | |||||||
11,166 | Guaranty Bancorp | 185 | ||||||||
31,047 | *,e | Hampton Roads Bankshares, Inc | 57 | |||||||
57,555 | Hancock Holding Co | 1,449 | ||||||||
23,963 | Hanmi Financial Corp | 568 | ||||||||
13,311 | Heartland Financial USA, Inc | 417 | ||||||||
15,254 | Heritage Commerce Corp | 182 | ||||||||
22,833 | Heritage Financial Corp | 430 | ||||||||
14,409 | Heritage Oaks Bancorp | 115 | ||||||||
55,915 | * | Hilltop Holdings, Inc | 1,075 | |||||||
997 | e | Hingham Institution for Savings | 119 | |||||||
42,029 | Home Bancshares, Inc | 1,703 | ||||||||
15,022 | * | HomeStreet, Inc | 326 | |||||||
16,046 | * | HomeTrust Bancshares, Inc | 325 | |||||||
6,700 | Horizon Bancorp | 187 | ||||||||
597,336 | Huntington Bancshares, Inc | 6,607 | ||||||||
28,157 | IBERIABANK Corp | 1,551 | ||||||||
6,123 | *,e | Impac Mortgage Holdings, Inc | 110 | |||||||
19,246 | Independent Bank Corp (MA) | 895 | ||||||||
17,558 | Independent Bank Corp (MI) | 267 | ||||||||
6,960 | Independent Bank Group, Inc | 223 | ||||||||
40,567 | International Bancshares Corp | 1,043 | ||||||||
257,321 | Investors Bancorp, Inc | 3,201 | ||||||||
2,723,601 | JPMorgan Chase & Co | 179,839 | ||||||||
69,276 | Kearny Financial Corp | 878 | ||||||||
627,474 | Keycorp | 8,276 | ||||||||
28,418 | Lakeland Bancorp, Inc | 335 | ||||||||
12,420 | Lakeland Financial Corp | 579 | ||||||||
35,043 | LegacyTexas Financial Group, Inc | 877 | ||||||||
4,100 | * | LendingTree, Inc | 366 | |||||||
125,039 | M&T Bank Corp | 15,152 | ||||||||
15,363 | MainSource Financial Group, Inc | 352 | ||||||||
55,577 | MB Financial, Inc | 1,799 | ||||||||
12,428 | Mercantile Bank Corp | 305 | ||||||||
3,784 | Merchants Bancshares, Inc | 119 | ||||||||
41,025 | Meridian Bancorp, Inc | 578 | ||||||||
5,273 | Meta Financial Group, Inc | 242 | ||||||||
252,589 | * | MGIC Investment Corp | 2,230 | |||||||
5,257 | MidWestOne Financial Group, Inc | 160 | ||||||||
27,253 | National Bank Holdings Corp | 582 | ||||||||
5,351 | e | National Bankshares, Inc | 190 | |||||||
4,350 | *,e | National Commerce Corp | 109 | |||||||
100,779 | National Penn Bancshares, Inc | 1,243 | ||||||||
28,655 | *,e | Nationstar Mortgage Holdings, Inc | 383 | |||||||
32,725 | NBT Bancorp, Inc | 912 | ||||||||
328,676 | New York Community Bancorp, Inc | 5,364 | ||||||||
26,583 | NewBridge Bancorp | 324 | ||||||||
38,864 | * | NMI Holdings, Inc | 263 |
256 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
36,323 | Northfield Bancorp, Inc | $ | 578 | |||||||
69,442 | Northwest Bancshares, Inc | 930 | ||||||||
10,808 | OceanFirst Financial Corp | 217 | ||||||||
80,446 | *,e | Ocwen Financial Corp | 561 | |||||||
33,903 | e | OFG Bancorp | 248 | |||||||
86,033 | Old National Bancorp | 1,167 | ||||||||
21,667 | * | Old Second Bancorp, Inc | 170 | |||||||
7,479 | Opus Bank | 277 | ||||||||
32,883 | Oritani Financial Corp | 543 | ||||||||
14,467 | Pacific Continental Corp | 215 | ||||||||
15,408 | * | Pacific Premier Bancorp, Inc | 327 | |||||||
82,885 | PacWest Bancorp | 3,572 | ||||||||
9,690 | e | Park National Corp | 877 | |||||||
33,018 | Park Sterling Bank | 242 | ||||||||
11,582 | Peapack Gladstone Financial Corp | 239 | ||||||||
2,964 | e | Penns Woods Bancorp, Inc | 126 | |||||||
9,969 | Pennsylvania Commerce Bancorp, Inc | 313 | ||||||||
9,540 | * | PennyMac Financial Services, Inc | 147 | |||||||
13,423 | Peoples Bancorp, Inc | 253 | ||||||||
5,712 | e | Peoples Financial Services Corp | 218 | |||||||
229,288 | e | People’s United Financial, Inc | 3,703 | |||||||
36,552 | * | PHH Corp | 592 | |||||||
26,946 | Pinnacle Financial Partners, Inc | 1,384 | ||||||||
378,867 | PNC Financial Services Group, Inc | 36,110 | ||||||||
77,233 | Popular, Inc | 2,189 | ||||||||
8,859 | Preferred Bank | 293 | ||||||||
58,098 | PrivateBancorp, Inc | 2,383 | ||||||||
51,867 | Prosperity Bancshares, Inc | 2,482 | ||||||||
45,191 | Provident Financial Services, Inc | 911 | ||||||||
8,729 | QCR Holdings, Inc | 212 | ||||||||
141,913 | Radian Group, Inc | 1,900 | ||||||||
992,067 | Regions Financial Corp | 9,524 | ||||||||
29,870 | Renasant Corp | 1,028 | ||||||||
6,104 | Republic Bancorp, Inc (Class A) | 161 | ||||||||
25,676 | S&T Bancorp, Inc | 791 | ||||||||
18,232 | Sandy Spring Bancorp, Inc | 492 | ||||||||
17,078 | * | Seacoast Banking Corp of Florida | 256 | |||||||
16,424 | e | ServisFirst Bancshares, Inc | 781 | |||||||
8,919 | Sierra Bancorp | 157 | ||||||||
37,479 | * | Signature Bank | 5,748 | |||||||
22,158 | Simmons First National Corp (Class A) | 1,138 | ||||||||
18,098 | South State Corp | 1,302 | ||||||||
16,521 | e | Southside Bancshares, Inc | 397 | |||||||
14,769 | Southwest Bancorp, Inc | 258 | ||||||||
26,403 | State Bank & Trust Co | 555 | ||||||||
88,560 | Sterling Bancorp/DE | 1,436 | ||||||||
10,870 | Stock Yards Bancorp, Inc | 411 | ||||||||
7,609 | Stonegate Bank | 250 | ||||||||
10,313 | *,e | Stonegate Mortgage Corp | 56 | |||||||
8,903 | Suffolk Bancorp | 252 | ||||||||
5,838 | * | Sun Bancorp, Inc | 121 | |||||||
371,519 | SunTrust Banks, Inc | 15,916 |
257 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
37,982 | * | SVB Financial Group | $ | 4,516 | ||||||
99,224 | Synovus Financial Corp | 3,213 | ||||||||
40,611 | Talmer Bancorp Inc | 735 | ||||||||
125,733 | TCF Financial Corp | 1,775 | ||||||||
8,286 | Territorial Bancorp, Inc | 230 | ||||||||
33,717 | * | Texas Capital Bancshares, Inc | 1,666 | |||||||
52,879 | TFS Financial Corp | 996 | ||||||||
26,827 | * | The Bancorp, Inc | 171 | |||||||
11,138 | Tompkins Trustco, Inc | 626 | ||||||||
36,382 | e | TowneBank | 759 | |||||||
16,948 | Trico Bancshares | 465 | ||||||||
16,178 | * | Tristate Capital Holdings, Inc | 226 | |||||||
10,668 | * | Triumph Bancorp, Inc | 176 | |||||||
71,043 | Trustco Bank Corp NY | 436 | ||||||||
49,168 | Trustmark Corp | 1,133 | ||||||||
29,256 | UMB Financial Corp | 1,362 | ||||||||
161,706 | Umpqua Holdings Corp | 2,571 | ||||||||
33,847 | Union Bankshares Corp | 854 | ||||||||
52,160 | e | United Bankshares, Inc | 1,929 | |||||||
40,245 | United Community Banks, Inc | 784 | ||||||||
30,361 | United Community Financial Corp | 179 | ||||||||
36,948 | United Financial Bancorp, Inc (New) | 476 | ||||||||
14,493 | Univest Corp of Pennsylvania | 302 | ||||||||
1,223,938 | US Bancorp | 52,225 | ||||||||
172,796 | Valley National Bancorp | 1,702 | ||||||||
19,235 | * | Walker & Dunlop, Inc | 554 | |||||||
28,439 | *,e | Walter Investment Management Corp | 404 | |||||||
70,029 | Washington Federal, Inc | 1,669 | ||||||||
10,818 | Washington Trust Bancorp, Inc | 428 | ||||||||
22,962 | Waterstone Financial, Inc | 324 | ||||||||
67,195 | Webster Financial Corp | 2,499 | ||||||||
3,419,622 | Wells Fargo & Co | 185,891 | ||||||||
28,222 | WesBanco, Inc | 847 | ||||||||
11,970 | West Bancorporation, Inc | 236 | ||||||||
18,981 | e | Westamerica Bancorporation | 887 | |||||||
62,509 | * | Western Alliance Bancorp | 2,242 | |||||||
52,747 | Wilshire Bancorp, Inc | 609 | ||||||||
35,315 | Wintrust Financial Corp | 1,713 | ||||||||
20,553 | WSFS Financial Corp | 665 | ||||||||
18,616 | Yadkin Financial Corp | 469 | ||||||||
149,549 | Zions Bancorporation | 4,083 | ||||||||
TOTAL BANKS | 1,010,986 | |||||||||
CAPITAL GOODS - 7.5% | ||||||||||
469,229 | 3M Co | 70,685 | ||||||||
54,949 | A.O. Smith Corp | 4,210 | ||||||||
29,877 | Aaon, Inc | 694 | ||||||||
26,739 | AAR Corp | 703 | ||||||||
32,350 | * | Accuride Corp | 54 | |||||||
43,959 | Actuant Corp (Class A) | 1,053 | ||||||||
32,117 | Acuity Brands, Inc | 7,509 | ||||||||
24,758 | e | Advanced Drainage Systems, Inc | 595 |
258 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
110,795 | * | Aecom Technology Corp | $ | 3,327 | ||||||
28,439 | * | Aegion Corp | 549 | |||||||
46,010 | *,e | Aerojet Rocketdyne Holdings, Inc | 720 | |||||||
14,335 | * | Aerovironment, Inc | 422 | |||||||
56,061 | e | AGCO Corp | 2,545 | |||||||
75,690 | e | Air Lease Corp | 2,534 | |||||||
46,365 | Aircastle Ltd | 969 | ||||||||
6,904 | Alamo Group, Inc | 360 | ||||||||
21,082 | Albany International Corp (Class A) | 771 | ||||||||
71,508 | Allegion plc | 4,714 | ||||||||
4,493 | Allied Motion Technologies, Inc | 118 | ||||||||
133,019 | Allison Transmission Holdings, Inc | 3,444 | ||||||||
20,492 | Altra Holdings, Inc | 514 | ||||||||
13,776 | * | Ameresco, Inc | 86 | |||||||
7,032 | e | American Railcar Industries, Inc | 325 | |||||||
5,344 | American Science & Engineering, Inc | 221 | ||||||||
9,387 | * | American Woodmark Corp | 751 | |||||||
174,908 | Ametek, Inc | 9,373 | ||||||||
21,529 | Apogee Enterprises, Inc | 937 | ||||||||
29,542 | Applied Industrial Technologies, Inc | 1,196 | ||||||||
9,512 | Argan, Inc | 308 | ||||||||
28,807 | * | Armstrong World Industries, Inc | 1,317 | |||||||
73,992 | * | ArvinMeritor, Inc | 618 | |||||||
14,102 | Astec Industries, Inc | 574 | ||||||||
14,118 | * | Astronics Corp | 575 | |||||||
19,364 | AZZ, Inc | 1,076 | ||||||||
40,073 | * | Babcock & Wilcox Enterprises, Inc | 836 | |||||||
39,660 | Barnes Group, Inc | 1,404 | ||||||||
78,609 | BE Aerospace, Inc | 3,331 | ||||||||
37,178 | * | Beacon Roofing Supply, Inc | 1,531 | |||||||
35,059 | * | Blount International, Inc | 344 | |||||||
3,967 | *,e | Blue Bird Corp | 40 | |||||||
10,746 | *,e | BMC Stock Holdings, Inc | 180 | |||||||
506,233 | Boeing Co | 73,196 | ||||||||
35,415 | Briggs & Stratton Corp | 613 | ||||||||
33,815 | * | Builders FirstSource, Inc | 375 | |||||||
80,147 | BWX Technologies, Inc | 2,546 | ||||||||
13,167 | * | CAI International, Inc | 133 | |||||||
48,194 | Carlisle Cos, Inc | 4,274 | ||||||||
443,214 | e | Caterpillar, Inc | 30,121 | |||||||
22,344 | * | Chart Industries, Inc | 401 | |||||||
72,371 | e | Chicago Bridge & Iron Co NV | 2,822 | |||||||
12,832 | CIRCOR International, Inc | 541 | ||||||||
36,993 | Clarcor, Inc | 1,838 | ||||||||
73,519 | * | Colfax Corp | 1,717 | |||||||
14,727 | Columbus McKinnon Corp | 278 | ||||||||
29,078 | Comfort Systems USA, Inc | 826 | ||||||||
18,507 | * | Commercial Vehicle Group, Inc | 51 | |||||||
23,295 | * | Continental Building Products Inc | 407 | |||||||
35,538 | Crane Co | 1,700 | ||||||||
16,079 | Cubic Corp | 760 | ||||||||
134,102 | Cummins, Inc | 11,802 |
259 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
35,284 | Curtiss-Wright Corp | $ | 2,417 | |||||||
435,212 | Danaher Corp | 40,422 | ||||||||
241,355 | e | Deere & Co | 18,408 | |||||||
53,820 | * | DigitalGlobe, Inc | 843 | |||||||
101,234 | Donaldson Co, Inc | 2,901 | ||||||||
16,771 | Douglas Dynamics, Inc | 353 | ||||||||
118,749 | Dover Corp | 7,280 | ||||||||
8,048 | * | Ducommun, Inc | 131 | |||||||
9,738 | * | DXP Enterprises, Inc | 222 | |||||||
25,816 | * | Dycom Industries, Inc | 1,806 | |||||||
345,619 | Eaton Corp | 17,986 | ||||||||
46,269 | EMCOR Group, Inc | 2,223 | ||||||||
494,216 | Emerson Electric Co | 23,638 | ||||||||
15,305 | Encore Wire Corp | 568 | ||||||||
32,847 | EnerSys | 1,837 | ||||||||
12,394 | Engility Holdings, Inc | 403 | ||||||||
19,664 | *,e | Enphase Energy, Inc | 69 | |||||||
17,204 | EnPro Industries, Inc | 754 | ||||||||
20,012 | ESCO Technologies, Inc | 723 | ||||||||
23,350 | * | Esterline Technologies Corp | 1,891 | |||||||
217,423 | e | Fastenal Co | 8,875 | |||||||
46,509 | Federal Signal Corp | 737 | ||||||||
99,301 | Flowserve Corp | 4,179 | ||||||||
108,333 | Fluor Corp | 5,115 | ||||||||
114,489 | Fortune Brands Home & Security, Inc | 6,354 | ||||||||
35,044 | Franklin Electric Co, Inc | 947 | ||||||||
9,868 | Freightcar America, Inc | 192 | ||||||||
14,134 | *,e | FuelCell Energy, Inc | 70 | |||||||
25,764 | * | Furmanite Corp | 172 | |||||||
32,486 | e | GATX Corp | 1,382 | |||||||
52,047 | *,e | Generac Holdings, Inc | 1,549 | |||||||
37,226 | General Cable Corp | 500 | ||||||||
214,425 | General Dynamics Corp | 29,453 | ||||||||
6,921,068 | General Electric Co | 215,591 | ||||||||
22,869 | * | Gibraltar Industries, Inc | 582 | |||||||
16,574 | Global Brass & Copper Holdings, Inc | 353 | ||||||||
14,132 | Gorman-Rupp Co | 378 | ||||||||
43,418 | Graco, Inc | 3,129 | ||||||||
7,763 | Graham Corp | 131 | ||||||||
29,395 | Granite Construction, Inc | 1,261 | ||||||||
44,924 | * | Great Lakes Dredge & Dock Corp | 178 | |||||||
19,838 | e | Greenbrier Cos, Inc | 647 | |||||||
26,499 | e | Griffon Corp | 472 | |||||||
23,777 | H&E Equipment Services, Inc | 416 | ||||||||
59,172 | Harsco Corp | 466 | ||||||||
13,954 | *,e | HC2 Holdings, Inc | 74 | |||||||
126,159 | * | HD Supply Holdings, Inc | 3,789 | |||||||
14,478 | HEICO Corp | 787 | ||||||||
29,540 | HEICO Corp (Class A) | 1,453 | ||||||||
71,415 | Hexcel Corp | 3,317 | ||||||||
45,722 | Hillenbrand, Inc | 1,355 | ||||||||
578,244 | Honeywell International, Inc | 59,889 |
260 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
42,521 | Hubbell, Inc | $ | 4,296 | |||||||
35,966 | Huntington Ingalls | 4,562 | ||||||||
4,796 | Hurco Cos, Inc | 127 | ||||||||
7,224 | Hyster-Yale Materials Handling, Inc | 379 | ||||||||
56,742 | IDEX Corp | 4,347 | ||||||||
221,299 | Illinois Tool Works, Inc | 20,510 | ||||||||
195,772 | Ingersoll-Rand plc | 10,824 | ||||||||
13,472 | Insteel Industries, Inc | 282 | ||||||||
60,728 | ITT Corp | 2,206 | ||||||||
93,057 | * | Jacobs Engineering Group, Inc | 3,904 | |||||||
21,706 | John Bean Technologies Corp | 1,082 | ||||||||
71,908 | e | Joy Global, Inc | 907 | |||||||
8,084 | Kadant, Inc | 328 | ||||||||
19,992 | Kaman Corp | 816 | ||||||||
106,685 | KBR, Inc | 1,805 | ||||||||
58,766 | Kennametal, Inc | 1,128 | ||||||||
24,548 | *,e | KEYW Holding Corp | 148 | |||||||
38,579 | * | KLX, Inc | 1,188 | |||||||
35,813 | *,e | Kratos Defense & Security Solutions, Inc | 147 | |||||||
60,975 | L-3 Communications Holdings, Inc | 7,287 | ||||||||
4,456 | * | Lawson Products, Inc | 104 | |||||||
7,262 | LB Foster Co (Class A) | 99 | ||||||||
30,249 | Lennox International, Inc | 3,778 | ||||||||
55,983 | Lincoln Electric Holdings, Inc | 2,905 | ||||||||
8,999 | e | Lindsay Manufacturing Co | 651 | |||||||
198,722 | Lockheed Martin Corp | 43,152 | ||||||||
12,960 | LSI Industries, Inc | 158 | ||||||||
12,907 | * | Lydall, Inc | 458 | |||||||
100,071 | e | Manitowoc Co, Inc | 1,536 | |||||||
257,957 | Masco Corp | 7,300 | ||||||||
22,281 | * | Masonite International Corp | 1,364 | |||||||
48,078 | * | Mastec, Inc | 836 | |||||||
42,429 | * | Middleby Corp | 4,577 | |||||||
9,476 | *,e | Milacron Holdings Corp | 119 | |||||||
7,280 | Miller Industries, Inc | 159 | ||||||||
28,530 | * | Moog, Inc (Class A) | 1,729 | |||||||
75,826 | * | MRC Global, Inc | 978 | |||||||
34,779 | MSC Industrial Direct Co (Class A) | 1,957 | ||||||||
42,636 | Mueller Industries, Inc | 1,155 | ||||||||
118,277 | Mueller Water Products, Inc (Class A) | 1,017 | ||||||||
15,457 | * | MYR Group, Inc | 319 | |||||||
3,938 | e | National Presto Industries, Inc | 326 | |||||||
38,145 | *,e | Navistar International Corp | 337 | |||||||
19,754 | * | NCI Building Systems, Inc | 245 | |||||||
7,962 | *,e | Neff Corp | 61 | |||||||
13,876 | NN, Inc | 221 | ||||||||
45,081 | Nordson Corp | 2,892 | ||||||||
6,979 | * | Nortek, Inc | 304 | |||||||
134,251 | Northrop Grumman Corp | 25,348 | ||||||||
7,062 | * | Northwest Pipe Co | 79 | |||||||
79,518 | *,e | NOW, Inc | 1,258 | |||||||
3,532 | *,e | NV5 Holdings, Inc | 78 |
261 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
2,354 | Omega Flex, Inc | $ | 78 | |||||||
44,267 | Orbital ATK, Inc | 3,955 | ||||||||
19,593 | *,e | Orion Marine Group, Inc | 82 | |||||||
57,963 | e | Oshkosh Truck Corp | 2,263 | |||||||
87,128 | Owens Corning, Inc | 4,098 | ||||||||
263,140 | Paccar, Inc | 12,473 | ||||||||
102,593 | Parker Hannifin Corp | 9,949 | ||||||||
9,372 | * | Patrick Industries, Inc | 408 | |||||||
132,996 | Pentair plc | 6,587 | ||||||||
28,503 | * | Perini Corp | 477 | |||||||
36,380 | * | Pgt, Inc | 414 | |||||||
125,956 | *,e | Plug Power, Inc | 266 | |||||||
15,949 | * | Ply Gem Holdings, Inc | 200 | |||||||
7,077 | Powell Industries, Inc | 184 | ||||||||
3,314 | *,e | Power Solutions International, Inc | 60 | |||||||
14,420 | * | PowerSecure International, Inc | 217 | |||||||
100,216 | Precision Castparts Corp | 23,251 | ||||||||
1,801 | Preformed Line Products Co | 76 | ||||||||
28,783 | Primoris Services Corp | 634 | ||||||||
17,206 | *,e | Proto Labs, Inc | 1,096 | |||||||
25,291 | Quanex Building Products Corp | 527 | ||||||||
151,070 | * | Quanta Services, Inc | 3,059 | |||||||
27,582 | Raven Industries, Inc | 430 | ||||||||
225,762 | Raytheon Co | 28,114 | ||||||||
17,664 | * | RBC Bearings, Inc | 1,141 | |||||||
33,217 | Regal-Beloit Corp | 1,944 | ||||||||
74,035 | * | Rexnord Corp | 1,341 | |||||||
99,579 | Rockwell Automation, Inc | 10,218 | ||||||||
97,885 | Rockwell Collins, Inc | 9,035 | ||||||||
72,041 | Roper Industries, Inc | 13,673 | ||||||||
26,334 | * | Rush Enterprises, Inc (Class A) | 576 | |||||||
31,268 | Simpson Manufacturing Co, Inc | 1,068 | ||||||||
40,812 | Snap-On, Inc | 6,996 | ||||||||
43,521 | *,e | SolarCity Corp | 2,220 | |||||||
7,959 | * | Sparton Corp | 159 | |||||||
104,846 | * | Spirit Aerosystems Holdings, Inc (Class A) | 5,250 | |||||||
30,406 | SPX Corp | 284 | ||||||||
30,406 | * | SPX FLOW, Inc | 849 | |||||||
9,752 | Standex International Corp | 811 | ||||||||
112,645 | Stanley Works | 12,023 | ||||||||
16,194 | Sun Hydraulics Corp | 514 | ||||||||
8,231 | *,e | Sunrun, Inc | 97 | |||||||
24,710 | TAL International Group, Inc | 393 | ||||||||
38,585 | *,e | Taser International, Inc | 667 | |||||||
26,449 | * | Teledyne Technologies, Inc | 2,346 | |||||||
13,262 | Tennant Co | 746 | ||||||||
77,584 | Terex Corp | 1,434 | ||||||||
15,040 | e | Textainer Group Holdings Ltd | 212 | |||||||
205,292 | Textron, Inc | 8,624 | ||||||||
7,401 | *,e | The ExOne Company | 74 | |||||||
24,419 | * | Thermon Group Holdings | 413 | |||||||
57,385 | Timken Co | 1,641 |
262 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
33,155 | e | Titan International, Inc | $ | 131 | ||||||
11,613 | *,e | Titan Machinery, Inc | 127 | |||||||
41,052 | Toro Co | 3,000 | ||||||||
39,495 | * | TransDigm Group, Inc | 9,023 | |||||||
24,081 | * | Trex Co, Inc | 916 | |||||||
34,233 | * | Trimas Corp | 638 | |||||||
114,441 | Trinity Industries, Inc | 2,749 | ||||||||
36,497 | Triumph Group, Inc | 1,451 | ||||||||
6,504 | Twin Disc, Inc | 68 | ||||||||
71,789 | * | United Rentals, Inc | 5,208 | |||||||
651,280 | United Technologies Corp | 62,569 | ||||||||
25,266 | * | Univar, Inc | 430 | |||||||
14,766 | Universal Forest Products, Inc | 1,010 | ||||||||
67,415 | * | USG Corp | 1,637 | |||||||
17,479 | Valmont Industries, Inc | 1,853 | ||||||||
7,860 | * | Vectrus, Inc | 164 | |||||||
6,270 | *,e | Veritiv Corp | 227 | |||||||
12,845 | * | Vicor Corp | 117 | |||||||
48,060 | e | W.W. Grainger, Inc | 9,736 | |||||||
52,045 | * | Wabash National Corp | 616 | |||||||
40,484 | * | WABCO Holdings, Inc | 4,140 | |||||||
19,517 | Watsco, Inc | 2,286 | ||||||||
21,144 | Watts Water Technologies, Inc (Class A) | 1,050 | ||||||||
32,974 | *,e | WESCO International, Inc | 1,440 | |||||||
71,607 | Westinghouse Air Brake Technologies Corp | 5,093 | ||||||||
48,425 | Woodward Governor Co | 2,405 | ||||||||
8,335 | * | Xerium Technologies, Inc | 99 | |||||||
134,207 | Xylem, Inc | 4,899 | ||||||||
TOTAL CAPITAL GOODS | 1,223,084 | |||||||||
COMMERCIAL & PROFESSIONAL SERVICES - 1.1% | ||||||||||
41,289 | ABM Industries, Inc | 1,176 | ||||||||
37,820 | Acacia Research (Acacia Technologies) | 162 | ||||||||
81,816 | * | ACCO Brands Corp | 583 | |||||||
14,431 | Administaff, Inc | 695 | ||||||||
126,681 | e | ADT Corp | 4,178 | |||||||
31,285 | * | Advisory Board Co | 1,552 | |||||||
16,280 | American Ecology Corp | 593 | ||||||||
26,021 | * | ARC Document Solutions, Inc | 115 | |||||||
6,166 | Barrett Business Services, Inc | 268 | ||||||||
35,197 | Brady Corp (Class A) | 809 | ||||||||
35,828 | Brink’s Co | 1,034 | ||||||||
29,675 | * | Casella Waste Systems, Inc (Class A) | 177 | |||||||
35,493 | * | CBIZ, Inc | 350 | |||||||
10,344 | CDI Corp | 70 | ||||||||
25,057 | CEB, Inc | 1,538 | ||||||||
16,272 | Ceco Environmental Corp | 125 | ||||||||
67,393 | Cintas Corp | 6,136 | ||||||||
43,305 | * | Clean Harbors, Inc | 1,804 | |||||||
93,566 | * | Copart, Inc | 3,556 | |||||||
84,474 | Covanta Holding Corp | 1,309 | ||||||||
7,013 | * | CRA International, Inc | 131 |
263 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
36,968 | Deluxe Corp | $ | 2,016 | |||||||
26,621 | Dun & Bradstreet Corp | 2,767 | ||||||||
20,052 | Ennis, Inc | 386 | ||||||||
85,071 | Equifax, Inc | 9,474 | ||||||||
28,344 | Essendant, Inc | 921 | ||||||||
19,672 | Exponent, Inc | 983 | ||||||||
9,375 | * | Franklin Covey Co | 157 | |||||||
30,776 | * | FTI Consulting, Inc | 1,067 | |||||||
15,088 | G & K Services, Inc (Class A) | 949 | ||||||||
9,864 | * | GP Strategies Corp | 248 | |||||||
51,852 | Healthcare Services Group | 1,808 | ||||||||
14,300 | Heidrick & Struggles International, Inc | 389 | ||||||||
8,893 | * | Heritage-Crystal Clean, Inc | 94 | |||||||
43,782 | Herman Miller, Inc | 1,257 | ||||||||
25,556 | * | Hill International, Inc | 99 | |||||||
33,809 | HNI Corp | 1,219 | ||||||||
17,181 | * | Huron Consulting Group, Inc | 1,021 | |||||||
14,961 | * | ICF International, Inc | 532 | |||||||
114,792 | * | ICO Global Communications Holdings Ltd | 58 | |||||||
50,885 | * | IHS, Inc (Class A) | 6,026 | |||||||
27,969 | * | Innerworkings, Inc | 210 | |||||||
49,074 | Interface, Inc | 939 | ||||||||
105,770 | KAR Auction Services, Inc | 3,917 | ||||||||
20,372 | Kelly Services, Inc (Class A) | 329 | ||||||||
18,302 | Kforce, Inc | 463 | ||||||||
25,171 | Kimball International, Inc (Class B) | 246 | ||||||||
35,963 | Knoll, Inc | 676 | ||||||||
37,184 | Korn/Ferry International | 1,234 | ||||||||
57,887 | Manpower, Inc | 4,879 | ||||||||
24,984 | Matthews International Corp (Class A) | 1,335 | ||||||||
19,108 | McGrath RentCorp | 481 | ||||||||
13,300 | * | Mistras Group, Inc | 254 | |||||||
33,943 | Mobile Mini, Inc | 1,057 | ||||||||
21,996 | MSA Safety, Inc | 956 | ||||||||
8,734 | Multi-Color Corp | 522 | ||||||||
36,256 | * | Navigant Consulting, Inc | 582 | |||||||
270,305 | Nielsen NV | 12,596 | ||||||||
4,943 | * | NL Industries, Inc | 15 | |||||||
38,425 | * | On Assignment, Inc | 1,727 | |||||||
148,964 | Pitney Bowes, Inc | 3,076 | ||||||||
19,971 | Quad | 186 | ||||||||
153,250 | R.R. Donnelley & Sons Co | 2,256 | ||||||||
172,064 | Republic Services, Inc | 7,569 | ||||||||
28,792 | Resources Connection, Inc | 470 | ||||||||
100,038 | Robert Half International, Inc | 4,716 | ||||||||
70,333 | Rollins, Inc | 1,822 | ||||||||
39,749 | * | RPX Corp | 437 | |||||||
12,140 | * | SP Plus Corp | 290 | |||||||
61,807 | Steelcase, Inc (Class A) | 921 | ||||||||
60,451 | * | Stericycle, Inc | 7,290 | |||||||
15,368 | * | Team, Inc | 491 | |||||||
44,478 | Tetra Tech, Inc | 1,157 |
264 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
48,746 | Towers Watson & Co | $ | 6,262 | |||||||
25,954 | * | TransUnion | 716 | |||||||
12,065 | * | TRC Cos, Inc | 112 | |||||||
30,336 | * | TriNet Group, Inc | 587 | |||||||
30,958 | * | TrueBlue, Inc | 798 | |||||||
304,547 | Tyco International plc | 9,712 | ||||||||
10,976 | Unifirst Corp | 1,144 | ||||||||
125,086 | * | Verisk Analytics, Inc | 9,617 | |||||||
15,178 | Viad Corp | 429 | ||||||||
7,372 | * | Volt Information Sciences, Inc | 60 | |||||||
2,793 | VSE Corp | 174 | ||||||||
26,743 | * | WageWorks, Inc | 1,213 | |||||||
91,756 | Waste Connections, Inc | 5,168 | ||||||||
338,661 | Waste Management, Inc | 18,074 | ||||||||
38,638 | West Corp | 833 | ||||||||
TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 175,830 | |||||||||
CONSUMER DURABLES & APPAREL - 1.7% | ||||||||||
9,523 | e | Arctic Cat, Inc | 156 | |||||||
7,681 | Bassett Furniture Industries, Inc | 193 | ||||||||
21,459 | * | Beazer Homes USA, Inc | 247 | |||||||
16,578 | *,e | Black Diamond, Inc | 73 | |||||||
68,196 | Brunswick Corp | 3,445 | ||||||||
57,812 | CalAtlantic Group, Inc | 2,192 | ||||||||
58,438 | Callaway Golf Co | 551 | ||||||||
39,090 | Carter’s, Inc | 3,480 | ||||||||
6,619 | * | Cavco Industries, Inc | 551 | |||||||
11,363 | * | Century Communities, Inc | 201 | |||||||
6,001 | * | Cherokee, Inc | 104 | |||||||
204,773 | Coach, Inc | 6,702 | ||||||||
21,226 | Columbia Sportswear Co | 1,035 | ||||||||
56,978 | * | CROCS, Inc | 583 | |||||||
6,879 | CSS Industries, Inc | 195 | ||||||||
6,895 | Culp, Inc | 176 | ||||||||
26,041 | * | Deckers Outdoor Corp | 1,229 | |||||||
241,753 | DR Horton, Inc | 7,743 | ||||||||
7,865 | Escalade, Inc | 104 | ||||||||
18,783 | e | Ethan Allen Interiors, Inc | 523 | |||||||
3,991 | Flexsteel Industries, Inc | 176 | ||||||||
31,215 | *,e | Fossil Group, Inc | 1,141 | |||||||
87,591 | e | Garmin Ltd | 3,256 | |||||||
29,399 | * | G-III Apparel Group Ltd | 1,301 | |||||||
65,952 | *,e | GoPro, Inc | 1,188 | |||||||
9,827 | *,e | Green Brick Partners, Inc | 71 | |||||||
297,224 | Hanesbrands, Inc | 8,747 | ||||||||
52,481 | Harman International Industries, Inc | 4,944 | ||||||||
82,316 | Hasbro, Inc | 5,545 | ||||||||
21,160 | * | Helen of Troy Ltd | 1,994 | |||||||
7,913 | Hooker Furniture Corp | 200 | ||||||||
93,175 | *,e | Hovnanian Enterprises, Inc (Class A) | 169 | |||||||
34,721 | *,e | Iconix Brand Group, Inc | 237 | |||||||
14,775 | * | Installed Building Products Inc | 367 |
265 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
21,039 | *,e | iRobot Corp | $ | 745 | ||||||
13,358 | *,e | Jakks Pacific, Inc | 106 | |||||||
155,992 | * | Jarden Corp | 8,910 | |||||||
3,583 | Johnson Outdoors, Inc | 78 | ||||||||
94,263 | * | Kate Spade & Co | 1,675 | |||||||
60,650 | e | KB Home | 748 | |||||||
37,580 | La-Z-Boy, Inc | 918 | ||||||||
101,979 | Leggett & Platt, Inc | 4,285 | ||||||||
7,350 | Lennar Corp (B Shares) | 295 | ||||||||
128,503 | e | Lennar Corp (Class A) | 6,285 | |||||||
10,716 | *,e | LGI Homes, Inc | 261 | |||||||
16,013 | Libbey, Inc | 341 | ||||||||
7,210 | Lifetime Brands, Inc | 96 | ||||||||
82,394 | *,e | Lululemon Athletica, Inc | 4,323 | |||||||
16,714 | * | M/I Homes, Inc | 366 | |||||||
13,092 | * | Malibu Boats Inc | 214 | |||||||
8,407 | Marine Products Corp | 51 | ||||||||
250,569 | e | Mattel, Inc | 6,808 | |||||||
6,163 | * | MCBC Holdings, Inc | 84 | |||||||
29,150 | e | MDC Holdings, Inc | 744 | |||||||
28,574 | * | Meritage Homes Corp | 971 | |||||||
146,850 | * | Michael Kors Holdings Ltd | 5,883 | |||||||
45,442 | * | Mohawk Industries, Inc | 8,606 | |||||||
12,667 | Movado Group, Inc | 326 | ||||||||
3,180 | Nacco Industries, Inc (Class A) | 134 | ||||||||
22,756 | * | Nautilus, Inc | 380 | |||||||
6,504 | *,e | New Home Co Inc | 84 | |||||||
198,550 | Newell Rubbermaid, Inc | 8,752 | ||||||||
999,706 | Nike, Inc (Class B) | 62,482 | ||||||||
2,923 | * | NVR, Inc | 4,803 | |||||||
10,973 | Oxford Industries, Inc | 700 | ||||||||
32,977 | * | Performance Sports Group Ltd | 318 | |||||||
8,860 | * | Perry Ellis International, Inc | 163 | |||||||
57,355 | Phillips-Van Heusen Corp | 4,224 | ||||||||
48,899 | e | Polaris Industries, Inc | 4,203 | |||||||
32,650 | Pool Corp | 2,637 | ||||||||
270,599 | Pulte Homes, Inc | 4,822 | ||||||||
44,148 | Ralph Lauren Corp | 4,922 | ||||||||
27,136 | *,e | Sequential Brands Group, Inc | 215 | |||||||
90,672 | * | Skechers U.S.A., Inc (Class A) | 2,739 | |||||||
12,508 | * | Skullcandy, Inc | 59 | |||||||
39,523 | * | Smith & Wesson Holding Corp | 869 | |||||||
41,788 | * | Steven Madden Ltd | 1,263 | |||||||
13,899 | e | Sturm Ruger & Co, Inc | 829 | |||||||
5,163 | Superior Uniform Group, Inc | 88 | ||||||||
24,241 | *,e | Taylor Morrison Home Corp | 388 | |||||||
45,528 | * | Tempur-Pedic International, Inc | 3,208 | |||||||
129,747 | * | Toll Brothers, Inc | 4,321 | |||||||
28,661 | * | TopBuild Corp | 882 | |||||||
118,469 | *,e | TRI Pointe Homes, Inc | 1,501 | |||||||
41,746 | * | Tumi Holdings, Inc | 694 | |||||||
36,963 | e | Tupperware Corp | 2,057 |
266 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
131,968 | *,e | Under Armour, Inc (Class A) | $ | 10,638 | ||||||
10,905 | * | Unifi, Inc | 307 | |||||||
11,370 | * | Universal Electronics, Inc | 584 | |||||||
16,444 | *,e | Vera Bradley, Inc | 259 | |||||||
250,119 | VF Corp | 15,570 | ||||||||
9,200 | *,e | Vince Holding Corp | 42 | |||||||
47,182 | * | Vista Outdoor, Inc | 2,100 | |||||||
11,248 | * | WCI Communities, Inc | 251 | |||||||
5,214 | Weyco Group, Inc | 140 | ||||||||
58,219 | Whirlpool Corp | 8,551 | ||||||||
13,294 | *,e | William Lyon Homes, Inc | 219 | |||||||
76,448 | Wolverine World Wide, Inc | 1,277 | ||||||||
21,026 | * | Zagg, Inc | 230 | |||||||
TOTAL CONSUMER DURABLES & APPAREL | 269,843 | |||||||||
CONSUMER SERVICES - 2.3% | ||||||||||
17,607 | *,e | 2U, Inc | 493 | |||||||
13,862 | * | American Public Education, Inc | 258 | |||||||
69,950 | * | Apollo Group, Inc (Class A) | 537 | |||||||
142,754 | ARAMARK Holdings Corp | 4,604 | ||||||||
10,215 | * | Ascent Media Corp (Series A) | 171 | |||||||
71,477 | * | Belmond Ltd. | 679 | |||||||
15,788 | * | BJ’s Restaurants, Inc | 686 | |||||||
90,837 | Bloomin’ Brands, Inc | 1,534 | ||||||||
17,542 | Bob Evans Farms, Inc | 682 | ||||||||
6,185 | *,e | Bojangles’, Inc | 98 | |||||||
58,143 | * | Boyd Gaming Corp | 1,155 | |||||||
12,909 | * | Bravo Brio Restaurant Group, Inc | 116 | |||||||
13,548 | * | Bridgepoint Education, Inc | 103 | |||||||
27,545 | * | Bright Horizons Family Solutions | 1,840 | |||||||
45,353 | Brinker International, Inc | 2,175 | ||||||||
14,166 | * | Buffalo Wild Wings, Inc | 2,262 | |||||||
34,686 | *,e | Caesars Acquisition Co | 236 | |||||||
38,423 | *,e | Caesars Entertainment Corp | 303 | |||||||
8,227 | * | Cambium Learning Group, Inc | 40 | |||||||
8,937 | Capella Education Co | 413 | ||||||||
46,334 | * | Career Education Corp | 168 | |||||||
311,765 | Carnival Corp | 16,985 | ||||||||
12,748 | Carriage Services, Inc | 307 | ||||||||
27,792 | * | Carrols Restaurant Group, Inc | 326 | |||||||
36,458 | Cheesecake Factory | 1,681 | ||||||||
54,819 | *,e | Chegg, Inc | 369 | |||||||
22,845 | * | Chipotle Mexican Grill, Inc (Class A) | 10,962 | |||||||
26,423 | Choice Hotels International, Inc | 1,332 | ||||||||
10,291 | Churchill Downs, Inc | 1,456 | ||||||||
12,474 | *,e | Chuy’s Holdings, Inc | 391 | |||||||
31,382 | ClubCorp Holdings, Inc | 573 | ||||||||
5,623 | Collectors Universe | 87 | ||||||||
14,150 | e | Cracker Barrel Old Country Store, Inc | 1,795 | |||||||
93,005 | Darden Restaurants, Inc | 5,919 | ||||||||
16,794 | * | Dave & Buster’s Entertainment, Inc | 701 | |||||||
17,725 | * | Del Frisco’s Restaurant Group, Inc | 284 |
267 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
61,863 | * | Denny’s Corp | $ | 608 | ||||||
48,007 | e | DeVry, Inc | 1,215 | |||||||
30,972 | *,e | Diamond Resorts International, Inc | 790 | |||||||
12,442 | DineEquity, Inc | 1,053 | ||||||||
40,835 | Domino’s Pizza, Inc | 4,543 | ||||||||
71,089 | e | Dunkin Brands Group, Inc | 3,028 | |||||||
10,058 | *,e | El Pollo Loco Holdings, Inc | 127 | |||||||
20,875 | * | Eldorado Resorts, Inc | 230 | |||||||
2,243 | *,e | Empire Resorts, Inc | 40 | |||||||
44,382 | Extended Stay America, Inc | 706 | ||||||||
20,469 | * | Fiesta Restaurant Group, Inc | 688 | |||||||
2,399 | Graham Holdings Co | 1,163 | ||||||||
34,464 | * | Grand Canyon Education, Inc | 1,383 | |||||||
204,247 | H&R Block, Inc | 6,804 | ||||||||
8,405 | *,e | Habit Restaurants, Inc | 194 | |||||||
384,225 | Hilton Worldwide Holdings, Inc | 8,222 | ||||||||
101,128 | * | Houghton Mifflin Harcourt Co | 2,203 | |||||||
25,504 | *,e | Hyatt Hotels Corp | 1,199 | |||||||
68,009 | e | International Game Technology plc | 1,100 | |||||||
20,955 | International Speedway Corp (Class A) | 707 | ||||||||
29,107 | Interval Leisure Group, Inc | 454 | ||||||||
13,700 | * | Intrawest Resorts Holdings Inc | 107 | |||||||
15,534 | * | Isle of Capri Casinos, Inc | 216 | |||||||
10,324 | * | J Alexander’s Holdings, Inc | 113 | |||||||
27,934 | Jack in the Box, Inc | 2,143 | ||||||||
11,200 | *,e | Jamba, Inc | 151 | |||||||
26,055 | * | K12, Inc | 229 | |||||||
6,015 | *,e | Kona Grill, Inc | 95 | |||||||
48,331 | * | Krispy Kreme Doughnuts, Inc | 728 | |||||||
69,470 | * | La Quinta Holdings, Inc | 946 | |||||||
270,501 | Las Vegas Sands Corp | 11,859 | ||||||||
3,365 | e | Liberty Tax, Inc | 80 | |||||||
68,430 | *,e | LifeLock, Inc | 982 | |||||||
14,891 | Marcus Corp | 283 | ||||||||
155,789 | e | Marriott International, Inc (Class A) | 10,444 | |||||||
19,332 | Marriott Vacations Worldwide Corp | 1,101 | ||||||||
701,841 | McDonald’s Corp | 82,915 | ||||||||
329,404 | * | MGM Resorts International | 7,484 | |||||||
7,140 | * | Monarch Casino & Resort, Inc | 162 | |||||||
23,956 | * | Morgans Hotel Group Co | 81 | |||||||
8,091 | *,e | Noodles & Co | 78 | |||||||
97,296 | * | Norwegian Cruise Line Holdings Ltd | 5,702 | |||||||
18,711 | * | Panera Bread Co (Class A) | 3,645 | |||||||
21,662 | Papa John’s International, Inc | 1,210 | ||||||||
6,692 | *,e | Papa Murphy’s Holdings, Inc | 75 | |||||||
60,160 | * | Penn National Gaming, Inc | 964 | |||||||
43,980 | * | Pinnacle Entertainment, Inc | 1,369 | |||||||
10,931 | *,e | Planet Fitness, Inc | 171 | |||||||
17,192 | * | Popeyes Louisiana Kitchen, Inc | 1,006 | |||||||
16,455 | *,e | Potbelly Corp | 193 | |||||||
10,662 | * | Red Robin Gourmet Burgers, Inc | 658 | |||||||
30,479 | * | Regis Corp | 431 |
268 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
127,003 | Royal Caribbean Cruises Ltd | $ | 12,854 | |||||||
46,223 | * | Ruby Tuesday, Inc | 255 | |||||||
26,831 | Ruth’s Chris Steak House, Inc | 427 | ||||||||
37,197 | *,e | Scientific Games Corp (Class A) | 334 | |||||||
51,334 | e | SeaWorld Entertainment, Inc | 1,011 | |||||||
149,654 | Service Corp International | 3,894 | ||||||||
75,591 | * | ServiceMaster Global Holdings, Inc | 2,966 | |||||||
4,371 | *,e | Shake Shack, Inc | 173 | |||||||
53,284 | Six Flags Entertainment Corp | 2,927 | ||||||||
38,968 | Sonic Corp | 1,259 | ||||||||
46,276 | Sotheby’s (Class A) | 1,192 | ||||||||
9,984 | Speedway Motorsports, Inc | 207 | ||||||||
1,109,740 | Starbucks Corp | 66,618 | ||||||||
127,142 | Starwood Hotels & Resorts Worldwide, Inc | 8,808 | ||||||||
862 | * | Steak N Shake Co | 281 | |||||||
7,659 | * | Strayer Education, Inc | 460 | |||||||
50,852 | Texas Roadhouse, Inc (Class A) | 1,819 | ||||||||
15,190 | Universal Technical Institute, Inc | 71 | ||||||||
27,082 | Vail Resorts, Inc | 3,466 | ||||||||
20,932 | *,e | Weight Watchers International, Inc | 477 | |||||||
159,675 | Wendy’s | 1,720 | ||||||||
4,418 | *,e | Wingstop, Inc | 101 | |||||||
86,121 | Wyndham Worldwide Corp | 6,257 | ||||||||
60,223 | e | Wynn Resorts Ltd | 4,167 | |||||||
313,735 | Yum! Brands, Inc | 22,918 | ||||||||
14,098 | *,e | Zoe’s Kitchen, Inc | 394 | |||||||
TOTAL CONSUMER SERVICES | 378,855 | |||||||||
DIVERSIFIED FINANCIALS - 3.8% | ||||||||||
40,483 | * | Affiliated Managers Group, Inc | 6,468 | |||||||
355,309 | * | Ally Financial, Inc | 6,623 | |||||||
637,350 | American Express Co | 44,328 | ||||||||
134,150 | Ameriprise Financial, Inc | 14,276 | ||||||||
16,506 | e | Arlington Asset Investment Corp (Class A) | 218 | |||||||
26,422 | Artisan Partners Asset Management, Inc | 953 | ||||||||
608 | * | Ashford, Inc | 32 | |||||||
4,901 | * | Associated Capital Group, Inc | 150 | |||||||
829,364 | Bank of New York Mellon Corp | 34,186 | ||||||||
131,560 | BGC Partners, Inc (Class A) | 1,291 | ||||||||
92,793 | BlackRock, Inc | 31,598 | ||||||||
16,951 | Calamos Asset Management, Inc (Class A) | 164 | ||||||||
398,647 | Capital One Financial Corp | 28,774 | ||||||||
20,380 | Cash America International, Inc | 610 | ||||||||
60,962 | CBOE Holdings, Inc | 3,956 | ||||||||
846,448 | Charles Schwab Corp | 27,874 | ||||||||
237,188 | CME Group, Inc | 21,489 | ||||||||
14,207 | Cohen & Steers, Inc | 433 | ||||||||
82,972 | *,e | Cowen Group, Inc | 318 | |||||||
6,269 | *,e | Credit Acceptance Corp | 1,342 | |||||||
2,179 | Diamond Hill Investment Group, Inc | 412 | ||||||||
320,606 | Discover Financial Services | 17,191 |
269 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
214,458 | * | E*TRADE Financial Corp | $ | 6,357 | ||||||
88,158 | Eaton Vance Corp | 2,859 | ||||||||
19,334 | *,e | Encore Capital Group, Inc | 562 | |||||||
18,647 | * | Enova International, Inc | 123 | |||||||
25,641 | Evercore Partners, Inc (Class A) | 1,386 | ||||||||
38,445 | * | Ezcorp, Inc (Class A) | 192 | |||||||
29,637 | Factset Research Systems, Inc | 4,818 | ||||||||
69,691 | Federated Investors, Inc (Class B) | 1,997 | ||||||||
5,405 | e | Fifth Street Asset Management, Inc | 18 | |||||||
39,058 | e | Financial Engines, Inc | 1,315 | |||||||
21,634 | * | First Cash Financial Services, Inc | 810 | |||||||
59,776 | * | FNFV Group | 671 | |||||||
286,726 | Franklin Resources, Inc | 10,557 | ||||||||
23,847 | Gain Capital Holdings, Inc | 193 | ||||||||
4,901 | GAMCO Investors, Inc (Class A) | 152 | ||||||||
315,875 | Goldman Sachs Group, Inc | 56,930 | ||||||||
34,042 | * | Green Dot Corp | 559 | |||||||
22,433 | Greenhill & Co, Inc | 642 | ||||||||
27,971 | HFF, Inc (Class A) | 869 | ||||||||
8,431 | Houlihan Lokey, Inc | 221 | ||||||||
42,390 | Interactive Brokers Group, Inc (Class A) | 1,848 | ||||||||
82,332 | IntercontinentalExchange Group, Inc | 21,098 | ||||||||
11,369 | * | INTL FCStone, Inc | 380 | |||||||
318,549 | Invesco Ltd | 10,665 | ||||||||
25,877 | Investment Technology Group, Inc | 440 | ||||||||
28,000 | e | iShares Russell 2000 Index Fund | 3,150 | |||||||
109,114 | Janus Capital Group, Inc | 1,537 | ||||||||
32,261 | * | KCG Holdings, Inc | 397 | |||||||
73,441 | *,e | Ladenburg Thalmann Financial Services, Inc | 203 | |||||||
92,967 | Lazard Ltd (Class A) | 4,184 | ||||||||
72,511 | Legg Mason, Inc | 2,845 | ||||||||
50,188 | *,e | LendingClub Corp | 555 | |||||||
242,948 | Leucadia National Corp | 4,225 | ||||||||
61,562 | e | LPL Financial Holdings, Inc | 2,626 | |||||||
27,836 | MarketAxess Holdings, Inc | 3,106 | ||||||||
6,533 | Marlin Business Services Corp | 105 | ||||||||
202,506 | McGraw-Hill Financial, Inc | 19,963 | ||||||||
5,352 | e | Medley Management, Inc | 30 | |||||||
12,795 | Moelis & Co | 373 | ||||||||
131,247 | Moody’s Corp | 13,169 | ||||||||
1,132,965 | Morgan Stanley | 36,040 | ||||||||
14,154 | Morningstar, Inc | 1,138 | ||||||||
83,164 | MSCI, Inc (Class A) | 5,999 | ||||||||
79,974 | NASDAQ OMX Group, Inc | 4,652 | ||||||||
287,660 | Navient Corp | 3,294 | ||||||||
17,407 | Nelnet, Inc (Class A) | 584 | ||||||||
18,457 | * | NewStar Financial, Inc | 166 | |||||||
172,816 | Northern Trust Corp | 12,458 | ||||||||
143,463 | NorthStar Asset Management Group, Inc | 1,742 | ||||||||
19,473 | OM Asset Management plc | 299 | ||||||||
8,132 | *,e | On Deck Capital, Inc | 84 | |||||||
38,494 | * | OneMain Holdings, Inc | 1,599 |
270 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
7,363 | Oppenheimer Holdings, Inc | $ | 128 | |||||||
17,372 | * | Pico Holdings, Inc | 179 | |||||||
12,046 | * | Piper Jaffray Cos | 487 | |||||||
35,958 | *,e | PRA Group, Inc | 1,247 | |||||||
9,591 | Pzena Investment Management, Inc (Class A) | 83 | ||||||||
94,509 | Raymond James Financial, Inc | 5,479 | ||||||||
8,577 | * | Regional Management Corp | 133 | |||||||
9,098 | Resource America, Inc (Class A) | 56 | ||||||||
16,951 | * | Safeguard Scientifics, Inc | 246 | |||||||
66,420 | * | Santander Consumer USA Holdings, Inc | 1,053 | |||||||
103,149 | SEI Investments Co | 5,405 | ||||||||
317,527 | * | SLM Corp | 2,070 | |||||||
12,000 | e | SPDR S&P MidCap 400 ETF Trust | 3,049 | |||||||
151,000 | SPDR Trust Series 1 | 30,787 | ||||||||
304,529 | State Street Corp | 20,209 | ||||||||
49,761 | * | Stifel Financial Corp | 2,108 | |||||||
610,499 | * | Synchrony Financial | 18,565 | |||||||
193,908 | T Rowe Price Group, Inc | 13,863 | ||||||||
196,566 | TD Ameritrade Holding Corp | 6,823 | ||||||||
22,143 | e | Tiptree Financial, Inc | 136 | |||||||
13,262 | Virtu Financial, Inc | 300 | ||||||||
5,194 | e | Virtus Investment Partners, Inc | 610 | |||||||
161,375 | Voya Financial, Inc | 5,956 | ||||||||
62,904 | Waddell & Reed Financial, Inc (Class A) | 1,803 | ||||||||
5,409 | Westwood Holdings Group, Inc | 282 | ||||||||
84,317 | e | WisdomTree Investments, Inc | 1,322 | |||||||
5,697 | *,e | World Acceptance Corp | 211 | |||||||
TOTAL DIVERSIFIED FINANCIALS | 615,461 | |||||||||
ENERGY - 5.9% | ||||||||||
70,225 | *,e | Abraxas Petroleum Corp | 74 | |||||||
1,730 | Adams Resources & Energy, Inc | 66 | ||||||||
23,232 | e | Alon USA Energy, Inc | 345 | |||||||
375,701 | Anadarko Petroleum Corp | 18,252 | ||||||||
51,630 | *,e | Antero Resources Corp | 1,126 | |||||||
278,995 | Apache Corp | 12,407 | ||||||||
51,391 | Archrock, Inc | 386 | ||||||||
14,064 | Ardmore Shipping Corp | 179 | ||||||||
47,265 | e | Atwood Oceanics, Inc | 484 | |||||||
321,443 | Baker Hughes, Inc | 14,835 | ||||||||
30,478 | *,e | Basic Energy Services, Inc | 82 | |||||||
36,170 | *,e | Bill Barrett Corp | 142 | |||||||
36,356 | *,e | Bonanza Creek Energy, Inc | 192 | |||||||
26,221 | Bristow Group, Inc | 679 | ||||||||
41,604 | *,e | C&J Energy Services Ltd | 198 | |||||||
306,169 | Cabot Oil & Gas Corp | 5,416 | ||||||||
235,429 | California Resources Corp | 549 | ||||||||
48,954 | * | Callon Petroleum Co | 408 | |||||||
141,683 | * | Cameron International Corp | 8,954 | |||||||
15,028 | e | CARBO Ceramics, Inc | 259 | |||||||
37,895 | * | Carrizo Oil & Gas, Inc | 1,121 | |||||||
174,970 | * | Cheniere Energy, Inc | 6,518 |
271 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
433,124 | e | Chesapeake Energy Corp | $ | 1,949 | ||||||
1,385,121 | Chevron Corp | 124,606 | ||||||||
69,929 | Cimarex Energy Co | 6,250 | ||||||||
4,602 | *,e | Clayton Williams Energy, Inc | 136 | |||||||
54,226 | *,e | Clean Energy Fuels Corp | 195 | |||||||
46,507 | *,e | Cloud Peak Energy, Inc | 97 | |||||||
270,770 | * | Cobalt International Energy, Inc | 1,462 | |||||||
287,658 | Columbia Pipeline Group, Inc | 5,753 | ||||||||
95,159 | * | Concho Resources, Inc | 8,836 | |||||||
912,242 | ConocoPhillips | 42,593 | ||||||||
169,243 | e | Consol Energy, Inc | 1,337 | |||||||
12,994 | * | Contango Oil & Gas Co | 83 | |||||||
63,433 | * | Continental Resources, Inc | 1,458 | |||||||
11,149 | e | CVR Energy, Inc | 439 | |||||||
42,034 | Delek US Holdings, Inc | 1,034 | ||||||||
266,127 | e | Denbury Resources, Inc | 538 | |||||||
304,096 | Devon Energy Corp | 9,731 | ||||||||
66,927 | DHT Holdings, Inc | 541 | ||||||||
47,743 | e | Diamond Offshore Drilling, Inc | 1,007 | |||||||
46,462 | * | Diamondback Energy, Inc | 3,108 | |||||||
17,982 | *,e | Dorian LPG Ltd | 212 | |||||||
28,933 | * | Dril-Quip, Inc | 1,714 | |||||||
36,656 | *,e | Eclipse Resources Corp | 67 | |||||||
54,290 | Energen Corp | 2,225 | ||||||||
31,459 | *,e | Energy Fuels, Inc | 93 | |||||||
172,866 | Ensco plc | 2,660 | ||||||||
406,049 | EOG Resources, Inc | 28,744 | ||||||||
25,000 | *,e | EP Energy Corp | 110 | |||||||
112,945 | EQT Corp | 5,888 | ||||||||
14,364 | * | Era Group, Inc | 160 | |||||||
9,927 | *,e | Erin Energy Corp | 32 | |||||||
17,517 | Evolution Petroleum Corp | 84 | ||||||||
25,695 | * | Exterran Corp | 412 | |||||||
3,072,330 | d | Exxon Mobil Corp | 239,488 | |||||||
46,513 | *,e | Fairmount Santrol Holdings, Inc | 109 | |||||||
171,060 | * | FMC Technologies, Inc | 4,962 | |||||||
43,546 | * | Forum Energy Technologies, Inc | 543 | |||||||
26,300 | e | Frank’s International NV | 439 | |||||||
80,982 | e | Frontline Ltd | 242 | |||||||
32,033 | e | GasLog Ltd | 266 | |||||||
58,105 | *,e | Gastar Exploration, Inc | 76 | |||||||
16,135 | * | Gener8 Maritime, Inc | 152 | |||||||
9,836 | *,e | Geospace Technologies Corp | 138 | |||||||
66,097 | e | Golar LNG Ltd | 1,044 | |||||||
26,945 | Green Plains Renewable Energy, Inc | 617 | ||||||||
20,444 | *,e | Gulfmark Offshore, Inc | 95 | |||||||
71,494 | * | Gulfport Energy Corp | 1,757 | |||||||
54,018 | *,e | Halcon Resources Corp | 68 | |||||||
7,892 | e | Hallador Petroleum Co | 36 | |||||||
623,971 | Halliburton Co | 21,240 | ||||||||
77,857 | * | Helix Energy Solutions Group, Inc | 410 | |||||||
71,374 | e | Helmerich & Payne, Inc | 3,822 |
272 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
186,517 | Hess Corp | $ | 9,042 | |||||||
144,439 | HollyFrontier Corp | 5,762 | ||||||||
23,429 | *,e | Hornbeck Offshore Services, Inc | 233 | |||||||
12,002 | *,e | Independence Contract Drilling, Inc | 61 | |||||||
100,154 | *,e | ION Geophysical Corp | 50 | |||||||
823 | *,e | Isramco, Inc | 74 | |||||||
19,153 | *,e | Jones Energy, Inc (Class A) | 74 | |||||||
1,320,884 | Kinder Morgan, Inc | 19,708 | ||||||||
115,749 | * | Kosmos Energy LLC | 602 | |||||||
90,832 | *,e | Laredo Petroleum Holdings, Inc | 726 | |||||||
499,473 | Marathon Oil Corp | 6,288 | ||||||||
399,405 | Marathon Petroleum Corp | 20,705 | ||||||||
55,403 | *,e | Matador Resources Co | 1,095 | |||||||
19,934 | * | Matrix Service Co | 409 | |||||||
180,710 | *,e | McDermott International, Inc | 605 | |||||||
61,264 | * | Memorial Resource Development Corp | 989 | |||||||
131,616 | Murphy Oil Corp | 2,955 | ||||||||
243,840 | Nabors Industries Ltd | 2,075 | ||||||||
281,302 | e | National Oilwell Varco, Inc | 9,421 | |||||||
9,713 | * | Natural Gas Services Group, Inc | 217 | |||||||
61,477 | Navios Maritime Acq Corp | 185 | ||||||||
120,207 | * | Newfield Exploration Co | 3,914 | |||||||
63,344 | * | Newpark Resources, Inc | 334 | |||||||
176,953 | e | Noble Corp plc | 1,867 | |||||||
317,190 | Noble Energy, Inc | 10,445 | ||||||||
13,964 | e | Nordic American Offshore Ltd | 74 | |||||||
68,002 | e | Nordic American Tanker Shipping | 1,057 | |||||||
5,440 | * | North Atlantic Drilling Ltd | 13 | |||||||
48,403 | *,e | Northern Oil And Gas, Inc | 187 | |||||||
102,607 | *,e | Oasis Petroleum, Inc | 756 | |||||||
568,080 | Occidental Petroleum Corp | 38,408 | ||||||||
73,330 | Oceaneering International, Inc | 2,751 | ||||||||
38,178 | * | Oil States International, Inc | 1,040 | |||||||
155,126 | Oneok, Inc | 3,825 | ||||||||
15,683 | *,e | Pacific Ethanol, Inc | 75 | |||||||
10,734 | Panhandle Oil and Gas, Inc (Class A) | 173 | ||||||||
12,018 | * | Par Petroleum Corp | 283 | |||||||
96,030 | * | Parker Drilling Co | 175 | |||||||
61,450 | * | Parsley Energy, Inc | 1,134 | |||||||
109,613 | Patterson-UTI Energy, Inc | 1,653 | ||||||||
63,909 | PBF Energy, Inc | 2,353 | ||||||||
29,537 | *,e | PDC Energy, Inc | 1,577 | |||||||
9,723 | * | PHI, Inc | 160 | |||||||
397,974 | Phillips 66 | 32,554 | ||||||||
42,944 | * | Pioneer Energy Services Corp | 93 | |||||||
110,406 | Pioneer Natural Resources Co | 13,843 | ||||||||
130,757 | Questar Market Resources, Inc | 1,752 | ||||||||
124,748 | e | Range Resources Corp | 3,070 | |||||||
32,964 | * | Renewable Energy Group, Inc | 306 | |||||||
5,384 | *,e | Rex Stores Corp | 291 | |||||||
53,668 | * | Rice Energy, Inc | 585 | |||||||
9,601 | *,e | RigNet, Inc | 199 |
273 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
14,462 | * | Ring Energy, Inc | $ | 102 | ||||||
93,726 | Rowan Cos plc | 1,589 | ||||||||
42,512 | e | RPC, Inc | 508 | |||||||
40,173 | * | RSP Permian, Inc | 980 | |||||||
39,750 | *,e | Sanchez Energy Corp | 171 | |||||||
932,477 | Schlumberger Ltd | 65,040 | ||||||||
129,737 | Scorpio Tankers, Inc | 1,041 | ||||||||
13,606 | *,e | SEACOR Holdings, Inc | 715 | |||||||
273,827 | *,e | Seadrill Ltd | 928 | |||||||
32,387 | SemGroup Corp | 935 | ||||||||
45,041 | e | Ship Finance International Ltd | 746 | |||||||
49,819 | e | SM Energy Co | 979 | |||||||
284,727 | *,e | Southwestern Energy Co | 2,024 | |||||||
499,265 | Spectra Energy Corp | 11,952 | ||||||||
42,383 | *,e | Stone Energy Corp | 182 | |||||||
111,107 | Superior Energy Services | 1,497 | ||||||||
76,439 | *,e | Synergy Resources Corp | 651 | |||||||
41,398 | e | Targa Resources Investments, Inc | 1,120 | |||||||
34,489 | e | Teekay Corp | 340 | |||||||
62,294 | Teekay Tankers Ltd (Class A) | 429 | ||||||||
26,063 | Tesco Corp | 189 | ||||||||
93,353 | Tesoro Corp | 9,837 | ||||||||
61,337 | * | Tetra Technologies, Inc | 461 | |||||||
34,989 | e | Tidewater, Inc | 244 | |||||||
17,866 | * | TransAtlantic Petroleum Ltd | 25 | |||||||
113,588 | *,e | Ultra Petroleum Corp | 284 | |||||||
36,980 | * | Unit Corp | 451 | |||||||
65,643 | *,e | Uranium Energy Corp | 70 | |||||||
40,307 | e | US Silica Holdings Inc | 755 | |||||||
354,793 | Valero Energy Corp | 25,087 | ||||||||
26,733 | *,e | W&T Offshore, Inc | 62 | |||||||
573,568 | * | Weatherford International Ltd | 4,812 | |||||||
52,354 | Western Refining, Inc | 1,865 | ||||||||
150,984 | * | Whiting Petroleum Corp | 1,425 | |||||||
553,984 | Williams Cos, Inc | 14,237 | ||||||||
54,384 | World Fuel Services Corp | 2,092 | ||||||||
151,612 | * | WPX Energy, Inc | 870 | |||||||
TOTAL ENERGY | 962,648 | |||||||||
FOOD & STAPLES RETAILING - 2.1% | ||||||||||
21,366 | Andersons, Inc | 676 | ||||||||
28,759 | Casey’s General Stores, Inc | 3,464 | ||||||||
14,374 | *,e | Chefs’ Warehouse Holdings, Inc | 240 | |||||||
323,514 | Costco Wholesale Corp | 52,247 | ||||||||
828,719 | CVS Health Corp | 81,024 | ||||||||
31,233 | *,e | Fresh Market, Inc | 731 | |||||||
9,316 | Ingles Markets, Inc (Class A) | 411 | ||||||||
713,663 | Kroger Co | 29,853 | ||||||||
6,410 | *,e | Natural Grocers by Vitamin C | 131 | |||||||
18,186 | * | Performance Food Group Co | 421 | |||||||
14,319 | Pricesmart, Inc | 1,188 | ||||||||
731,408 | * | Rite Aid Corp | 5,734 |
274 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
17,661 | * | Smart & Final Stores, Inc | $ | 322 | ||||||
28,394 | Spartan Stores, Inc | 614 | ||||||||
112,416 | * | Sprouts Farmers Market, Inc | 2,989 | |||||||
191,905 | * | Supervalu, Inc | 1,301 | |||||||
438,691 | Sysco Corp | 17,986 | ||||||||
36,929 | * | United Natural Foods, Inc | 1,454 | |||||||
4,843 | Village Super Market (Class A) | 128 | ||||||||
632,211 | Walgreens Boots Alliance, Inc | 53,836 | ||||||||
1,162,129 | Wal-Mart Stores, Inc | 71,239 | ||||||||
8,834 | Weis Markets, Inc | 391 | ||||||||
264,881 | Whole Foods Market, Inc | 8,873 | ||||||||
TOTAL FOOD & STAPLES RETAILING | 335,253 | |||||||||
FOOD, BEVERAGE & TOBACCO - 4.9% | ||||||||||
2,319 | e | Alico, Inc | 90 | |||||||
1,448,932 | Altria Group, Inc | 84,342 | ||||||||
9,627 | *,e | Amplify Snack Brands, Inc | 111 | |||||||
5,199 | *,e | Arcadia Biosciences, Inc | 16 | |||||||
458,865 | Archer Daniels Midland Co | 16,831 | ||||||||
42,015 | B&G Foods, Inc (Class A) | 1,471 | ||||||||
32,179 | *,e | Blue Buffalo Pet Products, Inc | 602 | |||||||
6,759 | *,e | Boston Beer Co, Inc (Class A) | 1,365 | |||||||
44,670 | * | Boulder Brands, Inc | 490 | |||||||
20,237 | e | Brown-Forman Corp | 2,228 | |||||||
93,647 | Brown-Forman Corp (Class B) | 9,297 | ||||||||
106,137 | Bunge Ltd | 7,247 | ||||||||
10,841 | e | Calavo Growers, Inc | 531 | |||||||
23,658 | e | Cal-Maine Foods, Inc | 1,096 | |||||||
128,947 | e | Campbell Soup Co | 6,776 | |||||||
44,724 | *,e | Castle Brands, Inc | 55 | |||||||
3,512 | Coca-Cola Bottling Co Consolidated | 641 | ||||||||
2,875,732 | Coca-Cola Co | 123,542 | ||||||||
172,269 | Coca-Cola Enterprises, Inc | 8,483 | ||||||||
315,962 | ConAgra Foods, Inc | 13,321 | ||||||||
120,911 | Constellation Brands, Inc (Class A) | 17,223 | ||||||||
7,653 | * | Craft Brewers Alliance, Inc | 64 | |||||||
122,720 | * | Darling International, Inc | 1,291 | |||||||
70,011 | e | Dean Foods Co | 1,201 | |||||||
19,435 | * | Diamond Foods, Inc | 749 | |||||||
137,423 | Dr Pepper Snapple Group, Inc | 12,808 | ||||||||
5,320 | * | Farmer Bros Co | 172 | |||||||
128,238 | Flowers Foods, Inc | 2,756 | ||||||||
24,793 | Fresh Del Monte Produce, Inc | 964 | ||||||||
15,781 | *,e | Freshpet, Inc | 134 | |||||||
440,990 | General Mills, Inc | 25,427 | ||||||||
76,104 | * | Hain Celestial Group, Inc | 3,074 | |||||||
108,117 | Hershey Co | 9,652 | ||||||||
99,035 | Hormel Foods Corp | 7,832 | ||||||||
52,645 | Ingredion, Inc | 5,045 | ||||||||
14,455 | *,e | Inventure Foods, Inc | 103 | |||||||
11,326 | J&J Snack Foods Corp | 1,321 | ||||||||
88,147 | J.M. Smucker Co | 10,872 |
275 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
5,780 | John B. Sanfilippo & Son, Inc | $ | 312 | |||||||
184,673 | Kellogg Co | 13,346 | ||||||||
95,542 | e | Keurig Green Mountain, Inc | 8,597 | |||||||
436,360 | Kraft Heinz Co | 31,750 | ||||||||
14,003 | Lancaster Colony Corp | 1,617 | ||||||||
36,205 | Lance, Inc | 1,242 | ||||||||
19,323 | * | Landec Corp | 229 | |||||||
3,603 | * | Lifeway Foods, Inc | 40 | |||||||
8,386 | e | Limoneira Co | 125 | |||||||
94,535 | e | McCormick & Co, Inc | 8,088 | |||||||
149,746 | Mead Johnson Nutrition Co | 11,822 | ||||||||
8,017 | Mgp Ingredients, Inc | 208 | ||||||||
101,905 | Molson Coors Brewing Co (Class B) | 9,571 | ||||||||
1,196,053 | Mondelez International, Inc | 53,631 | ||||||||
109,914 | * | Monster Beverage Corp | 16,373 | |||||||
8,815 | * | National Beverage Corp | 401 | |||||||
15,084 | * | Omega Protein Corp | 335 | |||||||
1,082,167 | PepsiCo, Inc | 108,130 | ||||||||
1,138,277 | Philip Morris International, Inc | 100,066 | ||||||||
48,235 | e | Pilgrim’s Pride Corp | 1,065 | |||||||
85,273 | Pinnacle Foods, Inc | 3,621 | ||||||||
40,255 | * | Post Holdings, Inc | 2,484 | |||||||
601,072 | Reynolds American, Inc | 27,739 | ||||||||
16,213 | e | Sanderson Farms, Inc | 1,257 | |||||||
192 | * | Seaboard Corp | 556 | |||||||
6,106 | * | Seneca Foods Corp | 177 | |||||||
14,223 | *,e | Synutra International, Inc | 67 | |||||||
13,988 | e | Tootsie Roll Industries, Inc | 442 | |||||||
31,544 | * | TreeHouse Foods, Inc | 2,475 | |||||||
217,034 | Tyson Foods, Inc (Class A) | 11,574 | ||||||||
16,609 | e | Universal Corp | 931 | |||||||
59,391 | e | Vector Group Ltd | 1,401 | |||||||
129,894 | * | WhiteWave Foods Co (Class A) | 5,054 | |||||||
TOTAL FOOD, BEVERAGE & TOBACCO | 803,949 | |||||||||
HEALTH CARE EQUIPMENT & SERVICES - 5.1% | ||||||||||
5,996 | *,e | AAC Holdings, Inc | 114 | |||||||
16,624 | Abaxis, Inc | 926 | ||||||||
1,101,154 | Abbott Laboratories | 49,453 | ||||||||
30,796 | * | Abiomed, Inc | 2,780 | |||||||
38,100 | * | Acadia Healthcare Co, Inc | 2,380 | |||||||
58,290 | *,e | Accuray, Inc | 393 | |||||||
20,426 | Aceto Corp | 551 | ||||||||
4,240 | * | Addus HomeCare Corp | 99 | |||||||
4,312 | *,e | Adeptus Health, Inc | 235 | |||||||
258,232 | Aetna Inc | 27,920 | ||||||||
29,433 | *,e | Air Methods Corp | 1,234 | |||||||
60,253 | * | Align Technology, Inc | 3,968 | |||||||
4,207 | * | Alliance HealthCare Services, Inc | 39 | |||||||
133,589 | * | Allscripts Healthcare Solutions, Inc | 2,055 | |||||||
5,488 | * | Almost Family, Inc | 210 | |||||||
21,596 | * | Amedisys, Inc | 849 |
276 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
151,413 | AmerisourceBergen Corp | $ | 15,703 | |||||||
34,893 | * | AMN Healthcare Services, Inc | 1,083 | |||||||
35,759 | * | Amsurg Corp | 2,718 | |||||||
9,253 | Analogic Corp | 764 | ||||||||
18,523 | * | Angiodynamics, Inc | 225 | |||||||
10,943 | * | Anika Therapeutics, Inc | 418 | |||||||
112,289 | *,e | Antares Pharma, Inc | 136 | |||||||
191,907 | Anthem, Inc | 26,760 | ||||||||
28,653 | *,e | athenahealth, Inc | 4,612 | |||||||
21,089 | * | AtriCure, Inc | 473 | |||||||
1,165 | Atrion Corp | 444 | ||||||||
54,958 | Bard (C.R.), Inc | 10,411 | ||||||||
401,924 | Baxter International, Inc | 15,333 | ||||||||
152,792 | Becton Dickinson & Co | 23,544 | ||||||||
51,896 | *,e | BioScrip, Inc | 91 | |||||||
19,708 | * | BioTelemetry, Inc | 230 | |||||||
992,117 | * | Boston Scientific Corp | 18,295 | |||||||
135,933 | * | Brookdale Senior Living, Inc | 2,509 | |||||||
25,974 | Cantel Medical Corp | 1,614 | ||||||||
21,051 | * | Capital Senior Living Corp | 439 | |||||||
244,734 | Cardinal Health, Inc | 21,847 | ||||||||
23,626 | *,e | Cardiovascular Systems, Inc | 357 | |||||||
24,169 | *,e | Castlight Health, Inc | 103 | |||||||
87,960 | * | Centene Corp | 5,789 | |||||||
222,136 | * | Cerner Corp | 13,366 | |||||||
71,510 | *,e | Cerus Corp | 452 | |||||||
12,646 | Chemed Corp | 1,894 | ||||||||
188,472 | Cigna Corp | 27,579 | ||||||||
9,010 | * | Civitas Solutions, Inc | 259 | |||||||
87,364 | * | Community Health Systems, Inc | 2,318 | |||||||
8,700 | e | Computer Programs & Systems, Inc | 433 | |||||||
7,574 | *,e | ConforMIS, Inc | 131 | |||||||
20,631 | Conmed Corp | 909 | ||||||||
5,120 | *,e | Connecture, Inc | 18 | |||||||
33,944 | Cooper Cos, Inc | 4,555 | ||||||||
16,039 | *,e | Corindus Vascular Robotics, Inc | 51 | |||||||
7,512 | * | Corvel Corp | 330 | |||||||
22,090 | * | Cross Country Healthcare, Inc | 362 | |||||||
19,963 | CryoLife, Inc | 215 | ||||||||
10,389 | * | Cutera, Inc | 133 | |||||||
16,811 | * | Cynosure, Inc (Class A) | 751 | |||||||
130,506 | * | DaVita, Inc | 9,098 | |||||||
103,471 | Dentsply International, Inc | 6,296 | ||||||||
58,641 | * | DexCom, Inc | 4,803 | |||||||
26,827 | *,e | Diplomat Pharmacy, Inc | 918 | |||||||
159,214 | * | Edwards Lifesciences Corp | 12,575 | |||||||
5,034 | *,e | EndoChoice Holdings, Inc | 42 | |||||||
47,927 | *,e | Endologix, Inc | 474 | |||||||
37,412 | Ensign Group, Inc | 847 | ||||||||
3,873 | *,e | Entellus Medical, Inc | 65 | |||||||
137,365 | * | Envision Healthcare Holdings, Inc | 3,567 | |||||||
8,762 | *,e | Evolent Health, Inc | 106 |
277 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
7,074 | * | Exactech, Inc | $ | 128 | ||||||
30,586 | * | ExamWorks Group, Inc | 814 | |||||||
499,204 | * | Express Scripts Holding Co | 43,635 | |||||||
29,310 | * | Five Star Quality Care, Inc | 93 | |||||||
27,739 | * | Genesis Health Care, Inc | 96 | |||||||
30,765 | *,e | GenMark Diagnostics, Inc | 239 | |||||||
4,290 | *,e | Glaukos Corp | 106 | |||||||
49,755 | * | Globus Medical, Inc | 1,384 | |||||||
18,875 | * | Greatbatch, Inc | 991 | |||||||
38,562 | * | Haemonetics Corp | 1,243 | |||||||
35,247 | * | Halyard Health, Inc | 1,178 | |||||||
25,502 | * | Hanger Orthopedic Group, Inc | 419 | |||||||
237,244 | * | HCA Holdings, Inc | 16,045 | |||||||
57,109 | * | Health Net, Inc | 3,910 | |||||||
26,662 | * | HealthEquity, Inc | 668 | |||||||
67,513 | Healthsouth Corp | 2,350 | ||||||||
18,780 | * | HealthStream, Inc | 413 | |||||||
23,599 | * | Healthways, Inc | 304 | |||||||
12,504 | *,e | HeartWare International, Inc | 630 | |||||||
59,318 | * | Henry Schein, Inc | 9,384 | |||||||
42,104 | Hill-Rom Holdings, Inc | 2,024 | ||||||||
65,676 | * | HMS Holdings Corp | 810 | |||||||
181,625 | * | Hologic, Inc | 7,027 | |||||||
110,794 | Humana, Inc | 19,778 | ||||||||
10,376 | * | ICU Medical, Inc | 1,170 | |||||||
69,037 | * | Idexx Laboratories, Inc | 5,034 | |||||||
6,460 | * | Imprivata, Inc | 73 | |||||||
98,565 | * | IMS Health Holdings, Inc | 2,510 | |||||||
11,764 | * | Inogen Inc | 472 | |||||||
18,510 | *,e | Inovalon Holdings, Inc | 315 | |||||||
41,898 | * | Insulet Corp | 1,584 | |||||||
18,839 | * | Integra LifeSciences Holdings Corp | 1,277 | |||||||
27,216 | * | Intuitive Surgical, Inc | 14,864 | |||||||
23,110 | Invacare Corp | 402 | ||||||||
62,811 | * | Inverness Medical Innovations, Inc | 2,455 | |||||||
19,324 | *,e | InVivo Therapeutics Holdings Corp | 139 | |||||||
4,264 | *,e | Invuity, Inc | 38 | |||||||
2,271 | * | iRadimed Corp | 64 | |||||||
12,742 | * | K2M Group Holdings, Inc | 252 | |||||||
61,383 | Kindred Healthcare, Inc | 731 | ||||||||
72,759 | * | Laboratory Corp of America Holdings | 8,996 | |||||||
7,415 | e | Landauer, Inc | 244 | |||||||
12,000 | *,e | Lantheus Holdings, Inc | 41 | |||||||
17,363 | * | LDR Holding Corp | 436 | |||||||
9,523 | LeMaitre Vascular, Inc | 164 | ||||||||
9,839 | * | LHC Group, Inc | 446 | |||||||
32,789 | * | LifePoint Hospitals, Inc | 2,407 | |||||||
31,727 | * | LivaNova plc | 1,884 | |||||||
20,368 | * | Magellan Health Services, Inc | 1,256 | |||||||
32,545 | * | Masimo Corp | 1,351 | |||||||
168,452 | McKesson Corp | 33,224 | ||||||||
44,883 | * | MedAssets, Inc | 1,389 |
278 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
40,806 | * | Medidata Solutions, Inc | $ | 2,011 | ||||||
1,044,195 | Medtronic plc | 80,319 | ||||||||
31,965 | Meridian Bioscience, Inc | 656 | ||||||||
32,366 | * | Merit Medical Systems, Inc | 602 | |||||||
26,015 | * | Molina Healthcare, Inc | 1,564 | |||||||
7,753 | National Healthcare Corp | 478 | ||||||||
5,598 | National Research Corp | 90 | ||||||||
24,197 | * | Natus Medical, Inc | 1,163 | |||||||
27,729 | * | Neogen Corp | 1,567 | |||||||
11,308 | *,e | Nevro Corp | 763 | |||||||
23,606 | *,e | Nobilis Health Corp | 67 | |||||||
9,688 | *,e | Novocure Ltd | 217 | |||||||
35,423 | * | NuVasive, Inc | 1,917 | |||||||
45,234 | * | NxStage Medical, Inc | 991 | |||||||
27,483 | * | Omnicell, Inc | 854 | |||||||
36,642 | * | OraSure Technologies, Inc | 236 | |||||||
14,876 | * | Orthofix International NV | 583 | |||||||
48,050 | Owens & Minor, Inc | 1,729 | ||||||||
14,688 | *,e | Oxford Immunotec Global plc | 169 | |||||||
64,882 | Patterson Cos, Inc | 2,933 | ||||||||
69,267 | * | Pediatrix Medical Group, Inc | 4,964 | |||||||
22,536 | * | PharMerica Corp | 789 | |||||||
27,598 | * | Premier, Inc | 973 | |||||||
7,642 | *,e | Press Ganey Holdings, Inc | 241 | |||||||
10,213 | * | Providence Service Corp | 479 | |||||||
37,773 | Quality Systems, Inc | 609 | ||||||||
106,327 | Quest Diagnostics, Inc | 7,564 | ||||||||
21,781 | * | Quidel Corp | 462 | |||||||
25,914 | * | RadNet, Inc | 160 | |||||||
104,174 | e | Resmed, Inc | 5,593 | |||||||
37,335 | *,e | Rockwell Medical Technologies, Inc | 382 | |||||||
38,631 | * | RTI Biologics, Inc | 153 | |||||||
6,279 | * | SeaSpine Holdings Corp | 108 | |||||||
8,571 | *,e | Second Sight Medical Products, Inc | 50 | |||||||
77,335 | Select Medical Holdings Corp | 921 | ||||||||
41,409 | * | Sirona Dental Systems, Inc | 4,537 | |||||||
30,482 | *,e | Spectranetics Corp | 459 | |||||||
208,009 | St. Jude Medical, Inc | 12,849 | ||||||||
26,141 | *,e | Staar Surgical Co | 187 | |||||||
61,285 | e | STERIS plc | 4,617 | |||||||
249,845 | Stryker Corp | 23,221 | ||||||||
11,357 | * | Surgery Partners, Inc | 233 | |||||||
16,030 | * | Surgical Care Affiliates, Inc | 638 | |||||||
11,439 | * | SurModics, Inc | 232 | |||||||
13,125 | *,e | Tandem Diabetes Care, Inc | 155 | |||||||
53,159 | * | Team Health Holdings, Inc | 2,333 | |||||||
6,676 | *,e | Teladoc, Inc | 120 | |||||||
30,961 | e | Teleflex, Inc | 4,070 | |||||||
73,295 | * | Tenet Healthcare Corp | 2,221 | |||||||
20,401 | *,e | TransEnterix, Inc | 51 | |||||||
18,039 | * | Triple-S Management Corp (Class B) | 431 | |||||||
14,056 | *,e | Trupanion, Inc | 137 |
279 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
90,289 | *,e | Unilife Corp | $ | 45 | ||||||
697,057 | UnitedHealth Group, Inc | 82,002 | ||||||||
37,008 | Universal American Corp | 259 | ||||||||
67,876 | Universal Health Services, Inc (Class B) | 8,110 | ||||||||
9,158 | US Physical Therapy, Inc | 492 | ||||||||
2,349 | Utah Medical Products, Inc | 137 | ||||||||
73,882 | * | Varian Medical Systems, Inc | 5,970 | |||||||
12,709 | * | Vascular Solutions, Inc | 437 | |||||||
61,078 | * | VCA Antech, Inc | 3,359 | |||||||
52,333 | *,e | Veeva Systems, Inc | 1,510 | |||||||
10,409 | *,e | Veracyte, Inc | 75 | |||||||
15,934 | * | Vocera Communications, Inc | 194 | |||||||
32,655 | * | WellCare Health Plans, Inc | 2,554 | |||||||
52,696 | West Pharmaceutical Services, Inc | 3,173 | ||||||||
66,153 | *,e | Wright Medical Group NV | 1,600 | |||||||
23,878 | *,e | Zeltiq Aesthetics, Inc | 681 | |||||||
125,690 | Zimmer Holdings, Inc | 12,895 | ||||||||
TOTAL HEALTH CARE EQUIPMENT & SERVICES | 838,879 | |||||||||
HOUSEHOLD & PERSONAL PRODUCTS - 1.8% | ||||||||||
323,551 | e | Avon Products, Inc | 1,310 | |||||||
31,484 | * | Central Garden and Pet Co (Class A) | 428 | |||||||
92,822 | Church & Dwight Co, Inc | 7,879 | ||||||||
93,795 | Clorox Co | 11,896 | ||||||||
669,213 | Colgate-Palmolive Co | 44,583 | ||||||||
61,432 | e | Coty, Inc | 1,574 | |||||||
46,250 | Edgewell Personal Care Co | 3,625 | ||||||||
18,991 | *,e | Elizabeth Arden, Inc | 188 | |||||||
46,250 | Energizer Holdings, Inc | 1,575 | ||||||||
155,113 | Estee Lauder Cos (Class A) | 13,659 | ||||||||
54,206 | *,e | Herbalife Ltd | 2,907 | |||||||
56,570 | * | HRG Group, Inc | 767 | |||||||
12,258 | Inter Parfums, Inc | 292 | ||||||||
265,004 | Kimberly-Clark Corp | 33,735 | ||||||||
8,647 | * | Medifast, Inc | 263 | |||||||
5,685 | e | Natural Health Trends Corp | 191 | |||||||
5,868 | Nature’s Sunshine Products, Inc | 59 | ||||||||
43,341 | e | Nu Skin Enterprises, Inc (Class A) | 1,642 | |||||||
6,693 | * | Nutraceutical International Corp | 173 | |||||||
3,981 | Oil-Dri Corp of America | 147 | ||||||||
6,476 | Orchids Paper Products Co | 200 | ||||||||
1,990,504 | Procter & Gamble Co | 158,066 | ||||||||
8,319 | * | Revlon, Inc (Class A) | 232 | |||||||
18,325 | Spectrum Brands, Inc | 1,865 | ||||||||
4,308 | *,e | USANA Health Sciences, Inc | 550 | |||||||
10,793 | WD-40 Co | 1,065 | ||||||||
TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 288,871 | |||||||||
INSURANCE - 4.1% | ||||||||||
238,867 | ACE Ltd | 27,912 | ||||||||
320,815 | Aflac, Inc | 19,217 | ||||||||
11,198 | * | Alleghany Corp | 5,352 |
280 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
70,615 | Allied World Assurance Co Holdings Ltd | $ | 2,626 | |||||||
271,765 | Allstate Corp | 16,874 | ||||||||
32,256 | * | AMBAC Financial Group, Inc | 454 | |||||||
56,412 | American Equity Investment Life Holding Co | 1,356 | ||||||||
51,139 | American Financial Group, Inc | 3,686 | ||||||||
911,200 | American International Group, Inc | 56,467 | ||||||||
5,469 | American National Insurance Co | 559 | ||||||||
13,468 | Amerisafe, Inc | 686 | ||||||||
27,435 | Amtrust Financial Services, Inc | 1,689 | ||||||||
208,448 | Aon plc | 19,221 | ||||||||
92,386 | * | Arch Capital Group Ltd | 6,444 | |||||||
20,996 | Argo Group International Holdings Ltd | 1,256 | ||||||||
124,079 | Arthur J. Gallagher & Co | 5,080 | ||||||||
45,798 | Aspen Insurance Holdings Ltd | 2,212 | ||||||||
50,146 | Assurant, Inc | 4,039 | ||||||||
111,748 | Assured Guaranty Ltd | 2,954 | ||||||||
8,461 | * | Atlas Financial Holdings, Inc | 168 | |||||||
74,802 | Axis Capital Holdings Ltd | 4,205 | ||||||||
6,904 | Baldwin & Lyons, Inc (Class B) | 166 | ||||||||
1,368,681 | * | Berkshire Hathaway, Inc (Class B) | 180,720 | |||||||
86,667 | Brown & Brown, Inc | 2,782 | ||||||||
168,473 | Chubb Corp | 22,346 | ||||||||
121,446 | Cincinnati Financial Corp | 7,186 | ||||||||
32,879 | *,e | Citizens, Inc (Class A) | 244 | |||||||
19,762 | CNA Financial Corp | 695 | ||||||||
145,352 | Conseco, Inc | 2,775 | ||||||||
19,001 | Crawford & Co (Class B) | 101 | ||||||||
7,812 | Donegal Group, Inc (Class A) | 110 | ||||||||
6,754 | EMC Insurance Group, Inc | 171 | ||||||||
24,104 | Employers Holdings, Inc | 658 | ||||||||
46,342 | Endurance Specialty Holdings Ltd | 2,965 | ||||||||
6,955 | * | Enstar Group Ltd | 1,044 | |||||||
18,735 | Erie Indemnity Co (Class A) | 1,792 | ||||||||
32,825 | Everest Re Group Ltd | 6,010 | ||||||||
8,273 | FBL Financial Group, Inc (Class A) | 526 | ||||||||
10,321 | Federated National Holding Co | 305 | ||||||||
8,299 | Fidelity & Guaranty Life | 211 | ||||||||
80,939 | First American Financial Corp | 2,906 | ||||||||
207,557 | FNF Group | 7,196 | ||||||||
368,772 | * | Genworth Financial, Inc (Class A) | 1,376 | |||||||
20,683 | * | Greenlight Capital Re Ltd (Class A) | 387 | |||||||
7,438 | * | Hallmark Financial Services | 87 | |||||||
32,615 | Hanover Insurance Group, Inc | 2,653 | ||||||||
310,194 | Hartford Financial Services Group, Inc | 13,481 | ||||||||
6,789 | e | HCI Group, Inc | 237 | |||||||
18,411 | * | Heritage Insurance Holdings, Inc | 402 | |||||||
29,606 | Horace Mann Educators Corp | 982 | ||||||||
5,951 | Independence Holding Co | 82 | ||||||||
8,975 | Infinity Property & Casualty Corp | 738 | ||||||||
6,910 | James River Group Holdings Ltd | 232 | ||||||||
32,110 | Kemper Corp | 1,196 | ||||||||
187,295 | Lincoln National Corp | 9,413 |
281 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
230,094 | Loews Corp | $ | 8,836 | |||||||
34,934 | Maiden Holdings Ltd | 521 | ||||||||
10,352 | * | Markel Corp | 9,144 | |||||||
394,471 | Marsh & McLennan Cos, Inc | 21,873 | ||||||||
110,912 | * | MBIA, Inc | 719 | |||||||
20,342 | Mercury General Corp | 947 | ||||||||
685,931 | Metlife, Inc | 33,069 | ||||||||
27,288 | National General Holdings Corp | 597 | ||||||||
6,453 | National Interstate Corp | 172 | ||||||||
1,551 | National Western Life Group, Inc | 391 | ||||||||
8,338 | * | Navigators Group, Inc | 715 | |||||||
193,444 | Old Republic International Corp | 3,604 | ||||||||
17,609 | OneBeacon Insurance Group Ltd (Class A) | 219 | ||||||||
35,306 | PartnerRe Ltd | 4,934 | ||||||||
6,329 | *,e | Patriot National, Inc | 42 | |||||||
40,061 | Primerica, Inc | 1,892 | ||||||||
217,660 | Principal Financial Group | 9,790 | ||||||||
41,338 | ProAssurance Corp | 2,006 | ||||||||
434,063 | Progressive Corp | 13,803 | ||||||||
329,057 | Prudential Financial, Inc | 26,789 | ||||||||
48,945 | Reinsurance Group of America, Inc (Class A) | 4,187 | ||||||||
34,077 | RenaissanceRe Holdings Ltd | 3,857 | ||||||||
32,282 | RLI Corp | 1,993 | ||||||||
11,093 | Safety Insurance Group, Inc | 625 | ||||||||
42,211 | Selective Insurance Group, Inc | 1,417 | ||||||||
31,206 | Stancorp Financial Group, Inc | 3,554 | ||||||||
11,039 | State Auto Financial Corp | 227 | ||||||||
21,827 | State National Cos, Inc | 214 | ||||||||
16,901 | Stewart Information Services Corp | 631 | ||||||||
56,908 | Symetra Financial Corp | 1,808 | ||||||||
59,998 | * | Third Point Reinsurance Ltd | 805 | |||||||
93,324 | Torchmark Corp | 5,334 | ||||||||
232,088 | Travelers Cos, Inc | 26,193 | ||||||||
6,929 | * | United America Indemnity Ltd | 201 | |||||||
14,881 | United Fire & Casualty Co | 570 | ||||||||
12,682 | United Insurance Holdings Corp | 217 | ||||||||
22,242 | e | Universal Insurance Holdings, Inc | 516 | |||||||
184,517 | UnumProvident Corp | 6,143 | ||||||||
62,445 | Validus Holdings Ltd | 2,891 | ||||||||
71,842 | W.R. Berkley Corp | 3,933 | ||||||||
4,504 | White Mountains Insurance Group Ltd | 3,274 | ||||||||
225,629 | XL Capital Ltd | 8,840 | ||||||||
TOTAL INSURANCE | 672,125 | |||||||||
MATERIALS - 3.1% | ||||||||||
22,177 | A. Schulman, Inc | 680 | ||||||||
3,376 | * | AEP Industries, Inc | 260 | |||||||
158,806 | Air Products & Chemicals, Inc | 20,662 | ||||||||
50,241 | Airgas, Inc | 6,949 | ||||||||
168,607 | *,e | AK Steel Holding Corp | 378 | |||||||
83,129 | Albemarle Corp | 4,656 | ||||||||
967,634 | Alcoa, Inc | 9,551 |
282 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
81,466 | e | Allegheny Technologies, Inc | $ | 916 | ||||||
20,501 | American Vanguard Corp | 287 | ||||||||
46,295 | Aptargroup, Inc | 3,363 | ||||||||
49,925 | Ashland, Inc | 5,127 | ||||||||
67,355 | Avery Dennison Corp | 4,220 | ||||||||
74,323 | * | Axalta Coating Systems Ltd | 1,981 | |||||||
52,910 | Axiall Corp | 815 | ||||||||
23,190 | Balchem Corp | 1,410 | ||||||||
102,049 | Ball Corp | 7,422 | ||||||||
72,213 | Bemis Co, Inc | 3,227 | ||||||||
87,729 | * | Berry Plastics Group, Inc | 3,174 | |||||||
29,817 | * | Boise Cascade Co | 761 | |||||||
14,781 | Brush Engineered Materials, Inc | 414 | ||||||||
46,890 | Cabot Corp | 1,917 | ||||||||
39,299 | Calgon Carbon Corp | 678 | ||||||||
37,181 | Carpenter Technology Corp | 1,125 | ||||||||
112,973 | Celanese Corp (Series A) | 7,606 | ||||||||
36,798 | *,e | Century Aluminum Co | 163 | |||||||
169,311 | CF Industries Holdings, Inc | 6,910 | ||||||||
5,158 | Chase Corp | 210 | ||||||||
133,935 | Chemours Co | 718 | ||||||||
49,786 | * | Chemtura | 1,358 | |||||||
14,061 | * | Clearwater Paper Corp | 640 | |||||||
66,499 | *,e | Cliffs Natural Resources, Inc | 105 | |||||||
99,412 | *,e | Coeur Mining, Inc | 247 | |||||||
85,866 | Commercial Metals Co | 1,176 | ||||||||
25,270 | Compass Minerals International, Inc | 1,902 | ||||||||
5,560 | * | Core Molding Technologies, Inc | 71 | |||||||
102,511 | * | Crown Holdings, Inc | 5,197 | |||||||
8,022 | Deltic Timber Corp | 472 | ||||||||
47,043 | Domtar Corp | 1,738 | ||||||||
816,059 | Dow Chemical Co | 42,011 | ||||||||
669,679 | Du Pont (E.I.) de Nemours & Co | 44,601 | ||||||||
37,135 | Eagle Materials, Inc | 2,244 | ||||||||
109,907 | Eastman Chemical Co | 7,420 | ||||||||
195,224 | Ecolab, Inc | 22,330 | ||||||||
55,318 | * | Ferro Corp | 615 | |||||||
40,724 | *,e | Flotek Industries, Inc | 466 | |||||||
98,927 | FMC Corp | 3,871 | ||||||||
835,331 | e | Freeport-McMoRan Copper & Gold, Inc (Class B) | 5,655 | |||||||
17,819 | FutureFuel Corp | 241 | ||||||||
32,454 | Glatfelter | 598 | ||||||||
241,385 | Graphic Packaging Holding Co | 3,097 | ||||||||
22,699 | Greif, Inc (Class A) | 699 | ||||||||
37,440 | H.B. Fuller Co | 1,365 | ||||||||
7,923 | Hawkins, Inc | 283 | ||||||||
9,402 | Haynes International, Inc | 345 | ||||||||
54,162 | * | Headwaters, Inc | 914 | |||||||
262,218 | e | Hecla Mining Co | 496 | |||||||
152,705 | Huntsman Corp | 1,736 | ||||||||
15,371 | Innophos Holdings, Inc | 445 | ||||||||
18,027 | Innospec, Inc | 979 |
283 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
59,560 | International Flavors & Fragrances, Inc | $ | 7,126 | |||||||
311,342 | International Paper Co | 11,738 | ||||||||
40,015 | * | Intrepid Potash, Inc | 118 | |||||||
12,642 | Kaiser Aluminum Corp | 1,058 | ||||||||
62,146 | Kapstone Paper and Packaging Corp | 1,404 | ||||||||
7,156 | KMG Chemicals, Inc | 165 | ||||||||
16,539 | Koppers Holdings, Inc | 302 | ||||||||
24,388 | * | Kraton Polymers LLC | 405 | |||||||
14,288 | e | Kronos Worldwide, Inc | 81 | |||||||
104,108 | * | Louisiana-Pacific Corp | 1,875 | |||||||
13,887 | *,e | LSB Industries, Inc | 101 | |||||||
269,088 | LyondellBasell Industries AF S.C.A | 23,384 | ||||||||
49,814 | Martin Marietta Materials, Inc | 6,804 | ||||||||
25,740 | Minerals Technologies, Inc | 1,180 | ||||||||
323,697 | Monsanto Co | 31,891 | ||||||||
257,110 | Mosaic Co | 7,094 | ||||||||
18,118 | Myers Industries, Inc | 241 | ||||||||
12,153 | Neenah Paper, Inc | 759 | ||||||||
6,272 | NewMarket Corp | 2,388 | ||||||||
370,400 | Newmont Mining Corp | 6,663 | ||||||||
236,068 | Nucor Corp | 9,514 | ||||||||
80,196 | Olin Corp | 1,384 | ||||||||
6,559 | Olympic Steel, Inc | 76 | ||||||||
32,453 | * | Omnova Solutions, Inc | 199 | |||||||
119,497 | * | Owens-Illinois, Inc | 2,082 | |||||||
72,328 | Packaging Corp of America | 4,560 | ||||||||
88,664 | *,e | Platform Specialty Products Corp | 1,138 | |||||||
65,927 | PolyOne Corp | 2,094 | ||||||||
201,126 | PPG Industries, Inc | 19,875 | ||||||||
213,261 | Praxair, Inc | 21,838 | ||||||||
9,804 | Quaker Chemical Corp | 757 | ||||||||
31,957 | e | Rayonier Advanced Materials, Inc | 313 | |||||||
18,294 | *,e | Real Industry, Inc | 147 | |||||||
54,821 | Reliance Steel & Aluminum Co | 3,175 | ||||||||
20,109 | * | Rentech, Inc | 71 | |||||||
48,353 | Royal Gold, Inc | 1,763 | ||||||||
98,420 | RPM International, Inc | 4,336 | ||||||||
8,418 | *,e | Ryerson Holding Corp | 39 | |||||||
19,399 | Schnitzer Steel Industries, Inc (Class A) | 279 | ||||||||
22,501 | Schweitzer-Mauduit International, Inc | 945 | ||||||||
33,262 | Scotts Miracle-Gro Co (Class A) | 2,146 | ||||||||
155,542 | Sealed Air Corp | 6,937 | ||||||||
31,811 | *,e | Senomyx, Inc | 120 | |||||||
34,512 | Sensient Technologies Corp | 2,168 | ||||||||
59,894 | Sherwin-Williams Co | 15,548 | ||||||||
30,199 | Silgan Holdings, Inc | 1,622 | ||||||||
74,719 | Sonoco Products Co | 3,054 | ||||||||
84,463 | e | Southern Copper Corp (NY) | 2,206 | |||||||
177,911 | Steel Dynamics, Inc | 3,179 | ||||||||
13,671 | Stepan Co | 679 | ||||||||
90,832 | * | Stillwater Mining Co | 778 | |||||||
19,023 | * | Summit Materials, Inc | 381 |
284 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
48,451 | SunCoke Energy, Inc | $ | 168 | |||||||
117,929 | Tahoe Resources, Inc | 1,022 | ||||||||
29,755 | TimkenSteel Corp | 249 | ||||||||
15,246 | * | Trecora Resources | 189 | |||||||
19,671 | Tredegar Corp | 268 | ||||||||
8,747 | *,e | Trinseo S.A. | 247 | |||||||
46,070 | e | Tronox Ltd | 180 | |||||||
1,357 | United States Lime & Minerals, Inc | 75 | ||||||||
108,110 | e | United States Steel Corp | 863 | |||||||
10,188 | * | US Concrete, Inc | 537 | |||||||
10,310 | e | Valhi, Inc | 14 | |||||||
60,139 | Valspar Corp | 4,989 | ||||||||
98,368 | Vulcan Materials Co | 9,342 | ||||||||
30,678 | Wausau Paper Corp | 314 | ||||||||
29,816 | Westlake Chemical Corp | 1,620 | ||||||||
193,160 | WestRock Co | 8,812 | ||||||||
1,617 | * | WHX Corp | 33 | |||||||
35,509 | Worthington Industries, Inc | 1,070 | ||||||||
53,794 | * | WR Grace & Co | 5,357 | |||||||
TOTAL MATERIALS | 502,426 | |||||||||
MEDIA - 3.1% | ||||||||||
16,000 | AMC Entertainment Holdings, Inc | 384 | ||||||||
44,802 | * | AMC Networks, Inc | 3,346 | |||||||
2,614 | Cable One, Inc | 1,134 | ||||||||
149,949 | Cablevision Systems Corp (Class A) | 4,783 | ||||||||
17,686 | * | Carmike Cinemas, Inc | 406 | |||||||
364,893 | CBS Corp (Class B) | 17,197 | ||||||||
57,360 | *,e | Central European Media Enterprises Ltd (Class A) (NASDAQ) | 154 | |||||||
55,580 | *,e | Charter Communications, Inc | 10,177 | |||||||
86,069 | Cinemark Holdings, Inc | 2,877 | ||||||||
28,047 | * | Clear Channel Outdoor Holdings, Inc (Class A) | 157 | |||||||
1,839,586 | Comcast Corp (Class A) | 103,808 | ||||||||
27,056 | * | Crown Media Holdings, Inc (Class A) | 152 | |||||||
772 | *,e | Daily Journal Corp | 156 | |||||||
115,291 | *,e | Discovery Communications, Inc (Class A) | 3,076 | |||||||
202,766 | * | Discovery Communications, Inc (Class C) | 5,114 | |||||||
160,944 | * | DISH Network Corp (Class A) | 9,203 | |||||||
56,592 | *,e | DreamWorks Animation SKG, Inc (Class A) | 1,458 | |||||||
18,269 | * | Entercom Communications Corp (Class A) | 205 | |||||||
50,932 | Entravision Communications Corp (Class A) | 393 | ||||||||
44,238 | EW Scripps Co (Class A) | 841 | ||||||||
83,857 | Gannett Co, Inc | 1,366 | ||||||||
34,321 | *,e | Global Eagle Entertainment, Inc | 339 | |||||||
46,930 | * | Gray Television, Inc | 765 | |||||||
33,505 | Harte-Hanks, Inc | 109 | ||||||||
6,780 | *,e | Hemisphere Media Group, Inc | 100 | |||||||
44,682 | *,e | Imax Corp | 1,588 | |||||||
305,436 | Interpublic Group of Cos, Inc | 7,111 | ||||||||
33,807 | John Wiley & Sons, Inc (Class A) | 1,522 | ||||||||
14,173 | Journal Media Group, Inc | 170 | ||||||||
19,204 | * | Liberty Broadband Corp (Class A) | 992 |
285 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
49,114 | * | Liberty Broadband Corp (Class C) | $ | 2,547 | ||||||
76,559 | * | Liberty Media Corp | 3,005 | |||||||
148,129 | * | Liberty Media Corp (Class C) | 5,641 | |||||||
70,064 | e | Lions Gate Entertainment Corp | 2,269 | |||||||
108,249 | * | Live Nation, Inc | 2,660 | |||||||
9,932 | * | Loral Space & Communications, Inc | 404 | |||||||
15,311 | * | Madison Square Garden Co | 2,477 | |||||||
32,196 | e | MDC Partners, Inc | 699 | |||||||
71,050 | *,e | Media General, Inc | 1,148 | |||||||
26,535 | Meredith Corp | 1,148 | ||||||||
45,934 | * | MSG Networks, Inc | 955 | |||||||
46,358 | National CineMedia, Inc | 728 | ||||||||
32,024 | New Media Investment Group, Inc | 623 | ||||||||
101,324 | New York Times Co (Class A) | 1,360 | ||||||||
283,916 | News Corp | 3,793 | ||||||||
86,319 | News Corp (Class B) | 1,205 | ||||||||
23,355 | e | Nexstar Broadcasting Group, Inc (Class A) | 1,371 | |||||||
180,613 | Omnicom Group, Inc | 13,665 | ||||||||
12,373 | * | Reading International, Inc | 162 | |||||||
60,087 | e | Regal Entertainment Group (Class A) | 1,134 | |||||||
9,501 | *,e | Rentrak Corp | 452 | |||||||
3,654 | Saga Communications, Inc | 141 | ||||||||
19,984 | Scholastic Corp | 771 | ||||||||
68,018 | Scripps Networks Interactive (Class A) | 3,755 | ||||||||
49,336 | e | Sinclair Broadcast Group, Inc (Class A) | 1,605 | |||||||
1,706,491 | *,e | Sirius XM Holdings, Inc | 6,945 | |||||||
20,194 | * | Sizmek, Inc | 74 | |||||||
63,623 | * | Starz-Liberty Capital | 2,131 | |||||||
167,714 | TEGNA, Inc | 4,280 | ||||||||
243,854 | Thomson Corp | 9,230 | ||||||||
206,478 | Time Warner Cable, Inc | 38,320 | ||||||||
605,798 | Time Warner, Inc | 39,177 | ||||||||
81,058 | Time, Inc | 1,270 | ||||||||
5,104 | *,e | Townsquare Media, Inc | 61 | |||||||
59,545 | Tribune Co | 2,013 | ||||||||
19,202 | Tribune Publishing Co | 177 | ||||||||
871,445 | Twenty-First Century Fox, Inc | 23,669 | ||||||||
357,708 | Twenty-First Century Fox, Inc (Class B) | 9,740 | ||||||||
7,706 | Viacom, Inc | 339 | ||||||||
256,908 | Viacom, Inc (Class B) | 10,574 | ||||||||
1,244,744 | Walt Disney Co | 130,797 | ||||||||
21,644 | e | World Wrestling Entertainment, Inc (Class A) | 386 | |||||||
TOTAL MEDIA | 511,984 | |||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 9.5% | ||||||||||
1,217,272 | AbbVie, Inc | 72,111 | ||||||||
7,650 | *,e | Abeona Therapeutics, Inc | 26 | |||||||
58,718 | *,e | Acadia Pharmaceuticals, Inc | 2,093 | |||||||
16,937 | *,e | Accelerate Diagnostics, Inc | 364 | |||||||
16,140 | * | Acceleron Pharma, Inc | 787 | |||||||
86,253 | * | Achillion Pharmaceuticals, Inc | 931 | |||||||
31,389 | *,e | Acorda Therapeutics, Inc | 1,343 |
286 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
7,362 | * | Adamas Pharmaceuticals, Inc | $ | 208 | ||||||
6,223 | *,e | Aduro Biotech, Inc | 175 | |||||||
22,408 | *,e | Advaxis, Inc | 225 | |||||||
18,868 | *,e | Aegerion Pharmaceuticals, Inc | 191 | |||||||
14,774 | *,e | Aerie Pharmaceuticals, Inc | 360 | |||||||
11,005 | *,e | Affimed NV | 78 | |||||||
56,476 | *,e | Affymetrix, Inc | 570 | |||||||
56,789 | * | Agenus, Inc | 258 | |||||||
7,692 | *,e | Agile Therapeutics, Inc | 75 | |||||||
246,217 | Agilent Technologies, Inc | 10,294 | ||||||||
19,149 | *,e | Agios Pharmaceuticals, Inc | 1,243 | |||||||
7,862 | *,e | Aimmune Therapeutics, Inc | 145 | |||||||
17,982 | * | Akebia Therapeutics, Inc | 232 | |||||||
57,933 | *,e | Akorn, Inc | 2,161 | |||||||
17,375 | *,e | Albany Molecular Research, Inc | 345 | |||||||
15,261 | *,e | Alder Biopharmaceuticals, Inc | 504 | |||||||
159,574 | * | Alexion Pharmaceuticals, Inc | 30,439 | |||||||
27,483 | *,e | Alimera Sciences, Inc | 66 | |||||||
109,475 | * | Alkermes plc | 8,690 | |||||||
289,808 | * | Allergan plc | 90,565 | |||||||
54,942 | * | Alnylam Pharmaceuticals, Inc | 5,172 | |||||||
22,606 | *,e | AMAG Pharmaceuticals, Inc | 682 | |||||||
559,100 | Amgen, Inc | 90,759 | ||||||||
71,461 | *,e | Amicus Therapeutics, Inc | 693 | |||||||
23,308 | *,e | Amphastar Pharmaceuticals, Inc | 332 | |||||||
30,297 | * | Anacor Pharmaceuticals, Inc | 3,423 | |||||||
5,767 | *,e | ANI Pharmaceuticals, Inc | 260 | |||||||
26,005 | *,e | Anthera Pharmaceuticals, Inc | 121 | |||||||
6,215 | * | Applied Genetic Technologies Corp | 127 | |||||||
22,162 | *,e | Aratana Therapeutics, Inc | 124 | |||||||
9,150 | * | Ardelyx, Inc | 166 | |||||||
179,094 | *,e | Arena Pharmaceuticals, Inc | 340 | |||||||
121,910 | *,e | Ariad Pharmaceuticals, Inc | 762 | |||||||
103,770 | *,e | Array Biopharma, Inc | 438 | |||||||
39,456 | *,e | Arrowhead Research Corp | 243 | |||||||
10,432 | *,e | Assembly Biosciences, Inc | 78 | |||||||
10,635 | * | Atara Biotherapeutics, Inc | 281 | |||||||
4,770 | *,e | aTyr Pharma, Inc | 47 | |||||||
14,848 | *,e | Avalanche Biotechnologies, Inc | 141 | |||||||
9,616 | *,e | Axovant Sciences Ltd | 173 | |||||||
401,924 | Baxalta, Inc | 15,687 | ||||||||
6,155 | * | Bellicum Pharmaceuticals, Inc | 125 | |||||||
53,741 | *,e | BioCryst Pharmaceuticals, Inc | 555 | |||||||
33,888 | *,e | BioDelivery Sciences International, Inc | 162 | |||||||
163,918 | * | Biogen Idec, Inc | 50,216 | |||||||
118,693 | * | BioMarin Pharmaceutical, Inc | 12,434 | |||||||
15,517 | * | Bio-Rad Laboratories, Inc (Class A) | 2,152 | |||||||
2,967 | * | Biospecifics Technologies Corp | 127 | |||||||
28,168 | Bio-Techne Corp | 2,535 | ||||||||
37,736 | *,e | BioTime, Inc | 155 | |||||||
24,301 | * | Bluebird Bio, Inc | 1,561 | |||||||
6,702 | *,e | Blueprint Medicines Corp | 176 |
287 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,228,895 | Bristol-Myers Squibb Co | $ | 84,536 | |||||||
83,145 | * | Bruker BioSciences Corp | 2,018 | |||||||
11,074 | *,e | Calithera Biosciences, Inc | 85 | |||||||
23,380 | * | Cambrex Corp | 1,101 | |||||||
12,327 | * | Cara Therapeutics Inc | 208 | |||||||
9,597 | *,e | Carbylan Therapeutics, Inc | 35 | |||||||
61,808 | * | Catalent, Inc | 1,547 | |||||||
56,829 | *,e | Catalyst Pharmaceuticals, Inc | 139 | |||||||
586,722 | * | Celgene Corp | 70,266 | |||||||
73,063 | *,e | Celldex Therapeutics, Inc | 1,146 | |||||||
7,210 | * | Cellular Biomedicine Group, Inc | 155 | |||||||
23,546 | *,e | Cempra, Inc | 733 | |||||||
52,661 | * | Cepheid, Inc | 1,924 | |||||||
35,378 | * | Charles River Laboratories International, Inc | 2,844 | |||||||
18,304 | * | ChemoCentryx, Inc | 148 | |||||||
5,155 | * | Chiasma, Inc | 101 | |||||||
30,594 | * | Chimerix, Inc | 274 | |||||||
3,472 | *,e | Cidara Therapeutics, Inc | 60 | |||||||
18,781 | *,e | Clovis Oncology, Inc | 657 | |||||||
17,405 | *,e | Coherus Biosciences, Inc | 400 | |||||||
4,897 | * | Collegium Pharmaceutical, Inc | 135 | |||||||
11,239 | * | Concert Pharmaceuticals Inc | 213 | |||||||
47,385 | *,e | Corcept Therapeutics, Inc | 236 | |||||||
6,306 | *,e | Corium International, Inc | 51 | |||||||
22,172 | *,e | CorMedix, Inc | 45 | |||||||
124,587 | *,e | CTI BioPharma Corp | 153 | |||||||
84,568 | *,e | Curis, Inc | 246 | |||||||
25,879 | * | Cytokinetics, Inc | 271 | |||||||
41,833 | *,e | CytRx Corp | 111 | |||||||
44,278 | *,e | Depomed, Inc | 803 | |||||||
9,514 | * | Dermira, Inc | 329 | |||||||
11,644 | * | Dicerna Pharmaceuticals Inc | 138 | |||||||
84,059 | *,e | Durect Corp | 186 | |||||||
107,512 | * | Dyax Corp | 4,045 | |||||||
21,309 | * | Dynavax Technologies Corp | 515 | |||||||
6,368 | *,e | Eagle Pharmaceuticals, Inc | 565 | |||||||
721,760 | Eli Lilly & Co | 60,815 | ||||||||
22,262 | * | Emergent Biosolutions, Inc | 891 | |||||||
11,786 | *,e | Enanta Pharmaceuticals, Inc | 389 | |||||||
153,936 | * | Endo International plc | 9,424 | |||||||
33,769 | *,e | Endocyte, Inc | 135 | |||||||
21,724 | *,e | Epizyme, Inc | 348 | |||||||
9,694 | *,e | Esperion Thereapeutics, Inc | 216 | |||||||
65,830 | *,e | Exact Sciences Corp | 608 | |||||||
147,155 | *,e | Exelixis, Inc | 830 | |||||||
18,106 | *,e | Fibrocell Science, Inc | 82 | |||||||
35,519 | * | FibroGen, Inc | 1,082 | |||||||
15,788 | * | Five Prime Therapeutics, Inc | 655 | |||||||
4,405 | *,e | Flex Pharma, Inc | 55 | |||||||
10,288 | *,e | Flexion Therapeutics Inc | 198 | |||||||
20,851 | * | Fluidigm Corp | 225 | |||||||
16,469 | *,e | Foamix Pharmaceuticals Ltd | 134 |
288 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
8,878 | *,e | Foundation Medicine, Inc | $ | 187 | ||||||
102,537 | *,e | Galena Biopharma, Inc | 151 | |||||||
13,105 | *,e | Genocea Biosciences Inc | 69 | |||||||
12,920 | *,e | Genomic Health, Inc | 455 | |||||||
114,325 | *,e | Geron Corp | 553 | |||||||
1,078,657 | Gilead Sciences, Inc | 109,149 | ||||||||
4,732 | *,e | Global Blood Therapeutics, Inc | 153 | |||||||
79,065 | *,e | Halozyme Therapeutics, Inc | 1,370 | |||||||
26,328 | * | Harvard Bioscience, Inc | 91 | |||||||
18,140 | *,e | Heron Therapeutics, Inc | 484 | |||||||
4,132 | * | Heska Corp | 160 | |||||||
62,986 | *,e | Idera Pharmaceuticals, Inc | 195 | |||||||
13,776 | *,e | Ignyta, Inc | 185 | |||||||
106,486 | * | Illumina, Inc | 20,439 | |||||||
8,484 | *,e | Immune Design Corp | 170 | |||||||
65,469 | * | Immunogen, Inc | 888 | |||||||
78,549 | *,e | Immunomedics, Inc | 241 | |||||||
53,162 | * | Impax Laboratories, Inc | 2,273 | |||||||
9,540 | * | INC Research Holdings, Inc | 463 | |||||||
115,686 | * | Incyte Corp | 12,546 | |||||||
36,466 | * | Infinity Pharmaceuticals, Inc | 286 | |||||||
53,727 | *,e | Inovio Pharmaceuticals, Inc | 361 | |||||||
45,452 | * | Insmed, Inc | 825 | |||||||
17,481 | *,e | Insys Therapeutics, Inc | 500 | |||||||
11,788 | *,e | Intercept Pharmaceuticals, Inc | 1,761 | |||||||
10,253 | *,e | Intersect ENT, Inc | 231 | |||||||
16,262 | * | Intra-Cellular Therapies, Inc | 875 | |||||||
34,324 | *,e | Intrexon Corp | 1,035 | |||||||
5,678 | *,e | Invitae Corp | 47 | |||||||
89,084 | *,e | Ionis Pharmaceuticals, Inc | 5,517 | |||||||
90,684 | * | Ironwood Pharmaceuticals, Inc | 1,051 | |||||||
45,128 | * | Jazz Pharmaceuticals plc | 6,343 | |||||||
2,035,748 | Johnson & Johnson | 209,112 | ||||||||
8,823 | *,e | Juno Therapeutics, Inc | 388 | |||||||
17,078 | *,e | Karyopharm Therapeutics, Inc | 226 | |||||||
76,288 | *,e | Keryx Biopharmaceuticals, Inc | 385 | |||||||
21,397 | *,e | Kite Pharma, Inc | 1,318 | |||||||
8,512 | *,e | La Jolla Pharmaceutical Co | 230 | |||||||
19,506 | *,e | Lannett Co, Inc | 783 | |||||||
30,110 | *,e | Lexicon Pharmaceuticals, Inc | 401 | |||||||
13,029 | *,e | Ligand Pharmaceuticals, Inc (Class B) | 1,413 | |||||||
34,093 | *,e | Lion Biotechnologies, Inc | 263 | |||||||
6,253 | * | Loxo Oncology, Inc | 178 | |||||||
31,134 | * | Luminex Corp | 666 | |||||||
20,612 | * | MacroGenics, Inc | 638 | |||||||
86,464 | * | Mallinckrodt plc | 6,453 | |||||||
182,057 | *,e | MannKind Corp | 264 | |||||||
11,438 | * | Medgenics, Inc | 69 | |||||||
48,124 | *,e | Medicines Co | 1,797 | |||||||
115,846 | * | Medivation, Inc | 5,600 | |||||||
2,072,781 | Merck & Co, Inc | 109,484 | ||||||||
80,764 | *,e | Merrimack Pharmaceuticals, Inc | 638 |
289 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
19,968 | * | Mettler-Toledo International, Inc | $ | 6,772 | ||||||
79,969 | *,e | MiMedx Group, Inc | 749 | |||||||
7,201 | *,e | Mirati Therapeutics, Inc | 228 | |||||||
44,870 | * | Momenta Pharmaceuticals, Inc | 666 | |||||||
310,615 | *,e | Mylan NV | 16,795 | |||||||
51,930 | * | Myriad Genetics, Inc | 2,241 | |||||||
7,890 | *,e | NanoString Technologies, Inc | 116 | |||||||
5,834 | *,e | NantKwest, Inc | 101 | |||||||
6,000 | *,e | Natera, Inc | 65 | |||||||
97,156 | *,e | Navidea Biopharmceuticals, Inc | 129 | |||||||
96,260 | *,e | Nektar Therapeutics | 1,622 | |||||||
38,546 | *,e | NeoGenomics, Inc | 303 | |||||||
4,046 | *,e | Neos Therapeutics, Inc | 58 | |||||||
63,342 | * | Neurocrine Biosciences, Inc | 3,583 | |||||||
14,869 | *,e | NewLink Genetics Corp | 541 | |||||||
4,099 | * | Nivalis Therapeutics, Inc | 32 | |||||||
33,967 | *,e | Northwest Biotherapeutics, Inc | 109 | |||||||
197,815 | *,e | Novavax, Inc | 1,660 | |||||||
26,033 | * | Ocata Therapeutics, Inc | 219 | |||||||
9,516 | *,e | Ocular Therapeutix, Inc | 89 | |||||||
26,874 | *,e | Omeros Corp | 423 | |||||||
12,341 | *,e | OncoMed Pharmaceuticals, Inc | 278 | |||||||
75,642 | * | Oncothyreon, Inc | 168 | |||||||
17,449 | * | Ophthotech Corp | 1,370 | |||||||
221,994 | *,e | Opko Health, Inc | 2,231 | |||||||
77,365 | *,e | Orexigen Therapeutics, Inc | 133 | |||||||
60,008 | *,e | Organovo Holdings, Inc | 149 | |||||||
12,630 | e | Osiris Therapeutics, Inc | 131 | |||||||
11,187 | * | Otonomy, Inc | 310 | |||||||
17,337 | *,e | OvaScience, Inc | 169 | |||||||
50,411 | *,e | Pacific Biosciences of California, Inc | 662 | |||||||
27,071 | *,e | Pacira Pharmaceuticals, Inc | 2,079 | |||||||
9,271 | *,e | Paratek Pharmaceuticals, Inc | 176 | |||||||
40,956 | * | Parexel International Corp | 2,790 | |||||||
120,653 | e | PDL BioPharma, Inc | 427 | |||||||
146,742 | *,e | Peregrine Pharmaceuticals, Inc | 172 | |||||||
83,937 | PerkinElmer, Inc | 4,496 | ||||||||
32,300 | *,e | Pernix Therapeutics Holdings, Inc | 95 | |||||||
106,521 | Perrigo Co plc | 15,414 | ||||||||
12,158 | * | Pfenex, Inc | 150 | |||||||
4,522,998 | Pfizer, Inc | 146,003 | ||||||||
12,927 | e | Phibro Animal Health Corp | 389 | |||||||
34,344 | * | Portola Pharmaceuticals, Inc | 1,767 | |||||||
21,766 | *,e | Pozen, Inc | 149 | |||||||
14,756 | *,e | PRA Health Sciences, Inc | 668 | |||||||
38,233 | * | Prestige Brands Holdings, Inc | 1,968 | |||||||
51,583 | *,e | Progenics Pharmaceuticals, Inc | 316 | |||||||
5,400 | *,e | Proteon Therapeutics, Inc | 84 | |||||||
23,023 | * | Prothena Corp plc | 1,568 | |||||||
25,096 | *,e | PTC Therapeutics, Inc | 813 | |||||||
18,465 | *,e | Puma Biotechnology, Inc | 1,448 | |||||||
173,674 | * | Qiagen NV (NASDAQ) | 4,802 |
290 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
58,607 | * | Quintiles Transnational Holdings, Inc | $ | 4,024 | ||||||
21,547 | * | Radius Health, Inc | 1,326 | |||||||
59,500 | * | Raptor Pharmaceutical Corp | 309 | |||||||
58,043 | * | Regeneron Pharmaceuticals, Inc | 31,510 | |||||||
21,191 | *,e | Regulus Therapeutics, Inc | 185 | |||||||
24,090 | *,e | Relypsa, Inc | 683 | |||||||
23,464 | * | Repligen Corp | 664 | |||||||
25,726 | * | Retrophin, Inc | 496 | |||||||
11,732 | *,e | Revance Therapeutics, Inc | 401 | |||||||
66,996 | * | Rigel Pharmaceuticals, Inc | 203 | |||||||
10,302 | *,e | Sage Therapeutics, Inc | 601 | |||||||
16,776 | * | Sagent Pharmaceuticals | 267 | |||||||
52,234 | *,e | Sangamo Biosciences, Inc | 477 | |||||||
30,737 | *,e | Sarepta Therapeutics, Inc | 1,186 | |||||||
38,141 | * | Sciclone Pharmaceuticals, Inc | 351 | |||||||
70,472 | *,e | Seattle Genetics, Inc | 3,163 | |||||||
87,069 | *,e | Sequenom, Inc | 143 | |||||||
5,728 | *,e | Seres Therapeutics, Inc | 201 | |||||||
20,814 | *,e | Sorrento Therapeutics, Inc | 181 | |||||||
6,016 | *,e | Spark Therapeutics, Inc | 273 | |||||||
47,540 | *,e | Spectrum Pharmaceuticals, Inc | 287 | |||||||
12,168 | * | Stemline Therapeutics, Inc | 77 | |||||||
18,349 | * | Sucampo Pharmaceuticals, Inc (Class A) | 317 | |||||||
25,007 | * | Supernus Pharmaceuticals, Inc | 336 | |||||||
74,731 | *,e | Synergy Pharmaceuticals, Inc | 424 | |||||||
7,419 | *,e | T2 Biosystems, Inc | 81 | |||||||
29,885 | *,e | Teligent, Inc | 266 | |||||||
17,169 | *,e | TESARO, Inc | 898 | |||||||
26,726 | * | Tetraphase Pharmaceuticals, Inc | 268 | |||||||
26,551 | *,e | TG Therapeutics, Inc | 317 | |||||||
93,869 | *,e | TherapeuticsMD, Inc | 973 | |||||||
17,111 | *,e | Theravance Biopharma, Inc | 280 | |||||||
63,139 | *,e | Theravance, Inc | 665 | |||||||
290,044 | Thermo Electron Corp | 41,143 | ||||||||
49,684 | * | Threshold Pharmaceuticals, Inc | 24 | |||||||
7,534 | *,e | Tokai Pharmaceuticals, Inc | 66 | |||||||
18,278 | * | Trevena, Inc | 192 | |||||||
17,931 | *,e | Trovagene, Inc | 97 | |||||||
26,573 | * | Ultragenyx Pharmaceutical, Inc | 2,981 | |||||||
34,318 | * | United Therapeutics Corp | 5,375 | |||||||
31,086 | *,e | Vanda Pharmaceuticals, Inc | 289 | |||||||
24,013 | *,e | Verastem, Inc | 45 | |||||||
16,572 | *,e | Versartis, Inc | 205 | |||||||
180,359 | * | Vertex Pharmaceuticals, Inc | 22,695 | |||||||
10,155 | *,e | Vitae Pharmaceuticals, Inc | 184 | |||||||
12,289 | * | Vital Therapies, Inc | 142 | |||||||
74,791 | *,e | Vivus, Inc | 76 | |||||||
21,461 | * | VWR Corp | 608 | |||||||
60,895 | * | Waters Corp | 8,195 | |||||||
2,602 | *,e | XBiotech, Inc | 28 | |||||||
20,918 | *,e | Xencor Inc | 306 | |||||||
42,869 | * | Xenoport, Inc | 235 |
291 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
12,439 | * | Zafgen, Inc | $ | 78 | ||||||
82,699 | *,e | ZIOPHARM Oncology, Inc | 687 | |||||||
370,295 | Zoetis Inc | 17,745 | ||||||||
14,763 | *,e | Zogenix, Inc | 218 | |||||||
TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 1,557,915 | |||||||||
REAL ESTATE - 4.2% | ||||||||||
50,948 | Acadia Realty Trust | 1,689 | ||||||||
21,134 | AG Mortgage Investment Trust | 271 | ||||||||
12,770 | Agree Realty Corp | 434 | ||||||||
36,954 | Alexander & Baldwin, Inc | 1,305 | ||||||||
1,574 | Alexander’s, Inc | 605 | ||||||||
53,568 | Alexandria Real Estate Equities, Inc | 4,840 | ||||||||
675 | * | Altisource Asset Management Corp | 12 | |||||||
11,088 | *,e | Altisource Portfolio Solutions S.A. | 308 | |||||||
42,959 | Altisource Residential Corp | 533 | ||||||||
27,018 | American Assets Trust,Inc | 1,036 | ||||||||
82,450 | American Campus Communities, Inc | 3,409 | ||||||||
251,142 | American Capital Agency Corp | 4,355 | ||||||||
37,896 | American Capital Mortgage, Inc | 529 | ||||||||
120,286 | American Homes 4 Rent | 2,004 | ||||||||
24,165 | American Residential Properties, Inc | 457 | ||||||||
312,963 | American Tower Corp | 30,342 | ||||||||
664,625 | Annaly Capital Management, Inc | 6,234 | ||||||||
79,133 | Anworth Mortgage Asset Corp | 344 | ||||||||
115,722 | Apartment Investment & Management Co (Class A) | 4,632 | ||||||||
41,641 | Apollo Commercial Real Estate Finance, Inc | 718 | ||||||||
136,432 | e | Apple Hospitality REIT, Inc | 2,725 | |||||||
22,112 | Ares Commercial Real Estate Corp | 253 | ||||||||
18,360 | Armada Hoffler Properties, Inc | 192 | ||||||||
32,704 | ARMOUR Residential REIT, Inc | 712 | ||||||||
20,771 | Ashford Hospitality Prime, Inc | 301 | ||||||||
61,750 | Ashford Hospitality Trust, Inc | 390 | ||||||||
7,072 | *,e | AV Homes, Inc | 91 | |||||||
97,771 | AvalonBay Communities, Inc | 18,003 | ||||||||
150,022 | BioMed Realty Trust, Inc | 3,554 | ||||||||
13,459 | e | Bluerock Residential Growth REIT, Inc | 160 | |||||||
107,997 | Boston Properties, Inc | 13,774 | ||||||||
132,520 | Brandywine Realty Trust | 1,810 | ||||||||
127,668 | Brixmor Property Group, Inc | 3,296 | ||||||||
64,335 | Camden Property Trust | 4,938 | ||||||||
49,200 | Campus Crest Communities, Inc | 335 | ||||||||
71,072 | Capstead Mortgage Corp | 621 | ||||||||
61,176 | Care Capital Properties, Inc | 1,870 | ||||||||
23,659 | CareTrust REIT, Inc | 259 | ||||||||
29,192 | CatchMark Timber Trust Inc | 330 | ||||||||
124,137 | CBL & Associates Properties, Inc | 1,536 | ||||||||
212,369 | * | CBRE Group, Inc | 7,344 | |||||||
62,949 | Cedar Shopping Centers, Inc | 446 | ||||||||
28,285 | Chatham Lodging Trust | 579 | ||||||||
44,088 | Chesapeake Lodging Trust | 1,109 | ||||||||
79,033 | Chimera Investment Corp | 1,078 |
292 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
80,158 | Colony Financial, Inc | $ | 1,562 | |||||||
28,357 | * | Colony Starwood Homes | 642 | |||||||
92,725 | Columbia Property Trust, Inc | 2,177 | ||||||||
90,140 | Communications Sales & Leasing, Inc | 1,685 | ||||||||
3,235 | Consolidated-Tomoka Land Co | 171 | ||||||||
5,827 | e | CorEnergy Infrastructure Trust, Inc | 86 | |||||||
17,860 | Coresite Realty | 1,013 | ||||||||
69,853 | Corporate Office Properties Trust | 1,525 | ||||||||
86,682 | Corrections Corp of America | 2,296 | ||||||||
159,841 | Cousins Properties, Inc | 1,507 | ||||||||
246,828 | Crown Castle International Corp | 21,338 | ||||||||
122,396 | CubeSmart | 3,748 | ||||||||
39,431 | CyrusOne, Inc | 1,477 | ||||||||
117,682 | CYS Investments, Inc | 839 | ||||||||
65,501 | DCT Industrial Trust, Inc | 2,448 | ||||||||
225,998 | DDR Corp | 3,806 | ||||||||
148,119 | DiamondRock Hospitality Co | 1,429 | ||||||||
100,633 | Digital Realty Trust, Inc | 7,610 | ||||||||
108,380 | Douglas Emmett, Inc | 3,379 | ||||||||
254,816 | Duke Realty Corp | 5,356 | ||||||||
47,457 | DuPont Fabros Technology, Inc | 1,509 | ||||||||
41,887 | e | Dynex Capital, Inc | 266 | |||||||
9,917 | Easterly Government Properties, Inc | 170 | ||||||||
23,492 | EastGroup Properties, Inc | 1,306 | ||||||||
34,875 | Education Realty Trust, Inc | 1,321 | ||||||||
81,930 | Empire State Realty Trust, Inc | 1,481 | ||||||||
42,164 | Entertainment Properties Trust | 2,465 | ||||||||
43,199 | Equinix, Inc | 13,063 | ||||||||
95,895 | * | Equity Commonwealth | 2,659 | |||||||
62,982 | Equity Lifestyle Properties, Inc | 4,199 | ||||||||
54,213 | Equity One, Inc | 1,472 | ||||||||
269,127 | Equity Residential | 21,958 | ||||||||
48,297 | Essex Property Trust, Inc | 11,563 | ||||||||
86,224 | Extra Space Storage, Inc | 7,606 | ||||||||
50,759 | Federal Realty Investment Trust | 7,416 | ||||||||
106,273 | FelCor Lodging Trust, Inc | 776 | ||||||||
82,257 | First Industrial Realty Trust, Inc | 1,820 | ||||||||
42,783 | First Potomac Realty Trust | 488 | ||||||||
160,981 | * | Forest City Enterprises, Inc (Class A) | 3,530 | |||||||
25,631 | *,e | Forestar Real Estate Group, Inc | 280 | |||||||
31,001 | * | Four Corners Property Trust, Inc | 749 | |||||||
67,229 | Franklin Street Properties Corp | 696 | ||||||||
4,942 | * | FRP Holdings, Inc | 168 | |||||||
65,188 | Gaming and Leisure Properties, Inc | 1,812 | ||||||||
426,526 | General Growth Properties, Inc | 11,606 | ||||||||
54,016 | Geo Group, Inc | 1,562 | ||||||||
18,098 | Getty Realty Corp | 310 | ||||||||
15,436 | Gladstone Commercial Corp | 225 | ||||||||
51,670 | e | Government Properties Income Trust | 820 | |||||||
309,774 | Gramercy Property Trust | 2,391 | ||||||||
3,738 | Great Ajax Corp | 45 | ||||||||
24,141 | Hannon Armstrong Sustainable Infrastructure Capital, Inc | 457 |
293 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
72,018 | Hatteras Financial Corp | $ | 947 | |||||||
322,575 | HCP, Inc | 12,335 | ||||||||
72,939 | Healthcare Realty Trust, Inc | 2,066 | ||||||||
91,905 | Healthcare Trust of America, Inc | 2,479 | ||||||||
36,742 | Hersha Hospitality Trust | 800 | ||||||||
69,548 | Highwoods Properties, Inc | 3,032 | ||||||||
110,912 | Hospitality Properties Trust | 2,900 | ||||||||
560,489 | Host Marriott Corp | 8,598 | ||||||||
29,353 | * | Howard Hughes Corp | 3,322 | |||||||
54,955 | Hudson Pacific Properties | 1,546 | ||||||||
23,981 | e | Independence Realty Trust, Inc | 180 | |||||||
64,150 | Inland Real Estate Corp | 681 | ||||||||
93,191 | Invesco Mortgage Capital, Inc | 1,155 | ||||||||
90,609 | Investors Real Estate Trust | 630 | ||||||||
155,234 | Iron Mountain, Inc | 4,193 | ||||||||
64,505 | *,e | iStar Financial, Inc | 757 | |||||||
33,300 | Jones Lang LaSalle, Inc | 5,323 | ||||||||
67,515 | Kennedy-Wilson Holdings, Inc | 1,626 | ||||||||
65,193 | Kilroy Realty Corp | 4,125 | ||||||||
305,650 | Kimco Realty Corp | 8,088 | ||||||||
60,886 | Kite Realty Group Trust | 1,579 | ||||||||
29,243 | Ladder Capital Corp | 363 | ||||||||
59,903 | Lamar Advertising Co | 3,593 | ||||||||
83,586 | LaSalle Hotel Properties | 2,103 | ||||||||
152,168 | e | Lexington Realty Trust | 1,217 | |||||||
110,738 | Liberty Property Trust | 3,438 | ||||||||
27,155 | LTC Properties, Inc | 1,171 | ||||||||
117,086 | Macerich Co | 9,448 | ||||||||
67,066 | Mack-Cali Realty Corp | 1,566 | ||||||||
9,904 | * | Marcus & Millichap, Inc | 289 | |||||||
152,989 | Medical Properties Trust, Inc | 1,761 | ||||||||
277,088 | MFA Mortgage Investments, Inc | 1,829 | ||||||||
55,794 | Mid-America Apartment Communities, Inc | 5,067 | ||||||||
41,601 | e | Monmouth Real Estate Investment Corp (Class A) | 435 | |||||||
121,396 | Monogram Residential Trust, Inc | 1,185 | ||||||||
27,658 | National Health Investors, Inc | 1,684 | ||||||||
99,981 | National Retail Properties, Inc | 4,004 | ||||||||
17,361 | National Storage Affiliates Trust | 297 | ||||||||
145,076 | e | New Residential Investment Corp | 1,764 | |||||||
47,726 | New Senior Investment Group, Inc | 471 | ||||||||
72,745 | e | New York Mortgage Trust, Inc | 388 | |||||||
58,364 | New York REIT, Inc | 671 | ||||||||
14,395 | e | NexPoint Residential Trust, Inc | 188 | |||||||
42,262 | NorthStar Realty Europe Corp | 499 | ||||||||
126,786 | NorthStar Realty Finance Corp | 2,159 | ||||||||
135,157 | Omega Healthcare Investors, Inc | 4,728 | ||||||||
9,027 | One Liberty Properties, Inc | 194 | ||||||||
10,279 | Orchid Island Capital, Inc | 102 | ||||||||
101,625 | Outfront Media, Inc | 2,219 | ||||||||
131,030 | Paramount Group, Inc | 2,372 | ||||||||
62,005 | Parkway Properties, Inc | 969 | ||||||||
53,141 | Pebblebrook Hotel Trust | 1,489 |
294 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
52,388 | Pennsylvania REIT | $ | 1,146 | |||||||
57,080 | Pennymac Mortgage Investment Trust | 871 | ||||||||
51,402 | Physicians Realty Trust | 867 | ||||||||
116,280 | Piedmont Office Realty Trust, Inc | 2,195 | ||||||||
131,170 | Plum Creek Timber Co, Inc | 6,259 | ||||||||
40,153 | Post Properties, Inc | 2,375 | ||||||||
30,172 | Potlatch Corp | 912 | ||||||||
16,337 | e | Preferred Apartment Communities, Inc | 214 | |||||||
387,082 | Prologis, Inc | 16,614 | ||||||||
14,667 | PS Business Parks, Inc | 1,282 | ||||||||
107,500 | Public Storage, Inc | 26,628 | ||||||||
17,741 | QTS Realty Trust, Inc | 800 | ||||||||
62,959 | RAIT Investment Trust | 170 | ||||||||
57,913 | Ramco-Gershenson Properties | 962 | ||||||||
94,973 | Rayonier, Inc | 2,108 | ||||||||
9,000 | Re/Max Holdings, Inc | 336 | ||||||||
108,646 | * | Realogy Holdings Corp | 3,984 | |||||||
171,785 | e | Realty Income Corp | 8,869 | |||||||
62,979 | Redwood Trust, Inc | 831 | ||||||||
69,743 | Regency Centers Corp | 4,751 | ||||||||
22,197 | e | Resource Capital Corp | 283 | |||||||
68,690 | Retail Opportunities Investment Corp | 1,230 | ||||||||
173,060 | Retail Properties of America, Inc | 2,556 | ||||||||
40,671 | Rexford Industrial Realty, Inc | 665 | ||||||||
98,016 | RLJ Lodging Trust | 2,120 | ||||||||
5,124 | *,e | RMR Group, Inc | 74 | |||||||
27,910 | e | Rouse Properties, Inc | 406 | |||||||
32,495 | Ryman Hospitality Properties | 1,678 | ||||||||
43,769 | Sabra Healthcare REIT, Inc | 885 | ||||||||
6,582 | Saul Centers, Inc | 337 | ||||||||
45,730 | Select Income REIT | 906 | ||||||||
172,632 | Senior Housing Properties Trust | 2,562 | ||||||||
28,907 | Silver Bay Realty Trust Corp | 453 | ||||||||
230,221 | Simon Property Group, Inc | 44,764 | ||||||||
73,589 | SL Green Realty Corp | 8,314 | ||||||||
26,338 | Sovran Self Storage, Inc | 2,826 | ||||||||
322,513 | Spirit Realty Capital, Inc | 3,232 | ||||||||
39,283 | *,e | St. Joe Co | 727 | |||||||
47,704 | STAG Industrial, Inc | 880 | ||||||||
173,444 | Starwood Property Trust, Inc | 3,566 | ||||||||
24,495 | STORE Capital Corp | 568 | ||||||||
65,192 | Summit Hotel Properties, Inc | 779 | ||||||||
34,362 | Sun Communities, Inc | 2,355 | ||||||||
154,167 | Sunstone Hotel Investors, Inc | 1,926 | ||||||||
70,998 | Tanger Factory Outlet Centers, Inc | 2,322 | ||||||||
45,765 | Taubman Centers, Inc | 3,511 | ||||||||
10,268 | * | Tejon Ranch Co | 197 | |||||||
31,885 | Terreno Realty Corp | 721 | ||||||||
270,915 | Two Harbors Investment Corp | 2,194 | ||||||||
190,771 | UDR, Inc | 7,167 | ||||||||
15,857 | UMH Properties, Inc | 160 | ||||||||
22,512 | e | United Development Funding IV | 248 |
295 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
9,264 | Universal Health Realty Income Trust | $ | 463 | |||||||
66,647 | Urban Edge Properties | 1,563 | ||||||||
20,808 | Urstadt Biddle Properties, Inc (Class A) | 400 | ||||||||
225,012 | Ventas, Inc | 12,697 | ||||||||
585,838 | VEREIT, Inc | 4,640 | ||||||||
128,947 | Vornado Realty Trust | 12,890 | ||||||||
50,804 | e | Washington REIT | 1,375 | |||||||
92,487 | Weingarten Realty Investors | 3,198 | ||||||||
244,242 | Welltower, Inc | 16,616 | ||||||||
28,538 | e | Western Asset Mortgage Capital Corp | 292 | |||||||
383,367 | Weyerhaeuser Co | 11,493 | ||||||||
16,673 | e | Whitestone REIT | 200 | |||||||
76,656 | WP Carey, Inc | 4,523 | ||||||||
139,812 | WP GLIMCHER, Inc | 1,483 | ||||||||
82,478 | Xenia Hotels & Resorts, Inc | 1,264 | ||||||||
TOTAL REAL ESTATE | 679,954 | |||||||||
RETAILING - 5.2% | ||||||||||
18,290 | * | 1-800-FLOWERS.COM, Inc (Class A) | 133 | |||||||
48,207 | Aaron’s, Inc | 1,079 | ||||||||
51,631 | e | Abercrombie & Fitch Co (Class A) | 1,394 | |||||||
53,459 | Advance Auto Parts, Inc | 8,046 | ||||||||
279,967 | * | Amazon.com, Inc | 189,227 | |||||||
144,288 | e | American Eagle Outfitters, Inc | 2,236 | |||||||
6,968 | *,e | America’s Car-Mart, Inc | 186 | |||||||
20,121 | * | Asbury Automotive Group, Inc | 1,357 | |||||||
125,805 | * | Ascena Retail Group, Inc | 1,239 | |||||||
51,270 | * | Autonation, Inc | 3,059 | |||||||
22,594 | * | AutoZone, Inc | 16,763 | |||||||
23,237 | * | Barnes & Noble Education, Inc | 231 | |||||||
36,768 | Barnes & Noble, Inc | 320 | ||||||||
123,378 | * | Bed Bath & Beyond, Inc | 5,953 | |||||||
223,553 | Best Buy Co, Inc | 6,807 | ||||||||
14,390 | Big 5 Sporting Goods Corp | 144 | ||||||||
39,947 | e | Big Lots, Inc | 1,540 | |||||||
8,578 | * | Blue Nile, Inc | 318 | |||||||
8,549 | *,e | Boot Barn Holdings, Inc | 105 | |||||||
21,122 | e | Buckle, Inc | 650 | |||||||
8,786 | * | Build-A-Bear Workshop, Inc | 108 | |||||||
55,229 | * | Burlington Stores, Inc | 2,369 | |||||||
37,763 | *,e | Cabela’s, Inc | 1,765 | |||||||
32,106 | Caleres, Inc | 861 | ||||||||
155,244 | * | Carmax, Inc | 8,379 | |||||||
19,356 | Cato Corp (Class A) | 713 | ||||||||
106,541 | Chico’s FAS, Inc | 1,137 | ||||||||
15,377 | Children’s Place Retail Stores, Inc | 849 | ||||||||
11,556 | Citi Trends, Inc | 246 | ||||||||
20,933 | *,e | Conn’s, Inc | 491 | |||||||
11,400 | *,e | Container Store Group, Inc | 93 | |||||||
17,156 | Core-Mark Holding Co, Inc | 1,406 | ||||||||
57,355 | CST Brands, Inc | 2,245 | ||||||||
32,976 | * | Destination XL Group, Inc | 182 |
296 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
68,108 | Dick’s Sporting Goods, Inc | $ | 2,408 | |||||||
17,487 | e | Dillard’s, Inc (Class A) | 1,149 | |||||||
220,231 | Dollar General Corp | 15,828 | ||||||||
166,226 | * | Dollar Tree, Inc | 12,836 | |||||||
54,370 | e | DSW, Inc (Class A) | 1,297 | |||||||
14,596 | *,e | Etsy, Inc | 121 | |||||||
29,701 | * | EVINE Live, Inc | 53 | |||||||
86,149 | Expedia, Inc | 10,708 | ||||||||
62,822 | * | Express Parent LLC | 1,086 | |||||||
9,437 | *,e | Fenix Parts, Inc | 64 | |||||||
33,805 | Finish Line, Inc (Class A) | 611 | ||||||||
40,021 | *,e | Five Below, Inc | 1,285 | |||||||
99,154 | Foot Locker, Inc | 6,454 | ||||||||
31,625 | * | Francesca’s Holdings Corp | 551 | |||||||
27,215 | Fred’s, Inc (Class A) | 445 | ||||||||
13,967 | *,e | FTD Cos, Inc | 366 | |||||||
79,426 | e | GameStop Corp (Class A) | 2,227 | |||||||
176,472 | e | Gap, Inc | 4,359 | |||||||
17,487 | * | Genesco, Inc | 994 | |||||||
112,007 | Genuine Parts Co | 9,620 | ||||||||
64,081 | GNC Holdings, Inc | 1,988 | ||||||||
17,254 | Group 1 Automotive, Inc | 1,306 | ||||||||
367,718 | *,e | Groupon, Inc | 1,129 | |||||||
44,451 | e | Guess?, Inc | 839 | |||||||
16,062 | Haverty Furniture Cos, Inc | 344 | ||||||||
18,371 | *,e | Hibbett Sports, Inc | 556 | |||||||
954,839 | Home Depot, Inc | 126,278 | ||||||||
24,109 | HSN, Inc | 1,222 | ||||||||
228,517 | *,e | JC Penney Co, Inc | 1,522 | |||||||
12,718 | Kirkland’s, Inc | 184 | ||||||||
150,129 | e | Kohl’s Corp | 7,151 | |||||||
182,388 | L Brands, Inc | 17,476 | ||||||||
12,586 | *,e | Lands’ End, Inc | 295 | |||||||
364,728 | * | Liberty Interactive Corp | 9,964 | |||||||
55,902 | * | Liberty TripAdvisor Holdings, Inc | 1,696 | |||||||
103,346 | * | Liberty Ventures | 4,662 | |||||||
16,930 | Lithia Motors, Inc (Class A) | 1,806 | ||||||||
225,488 | * | LKQ Corp | 6,681 | |||||||
699,844 | Lowe’s Companies, Inc | 53,216 | ||||||||
19,294 | *,e | Lumber Liquidators, Inc | 335 | |||||||
246,363 | Macy’s, Inc | 8,618 | ||||||||
18,578 | * | MarineMax, Inc | 342 | |||||||
15,036 | *,e | Mattress Firm Holding Corp | 671 | |||||||
36,113 | Men’s Wearhouse, Inc | 530 | ||||||||
45,299 | * | Michaels Cos, Inc | 1,002 | |||||||
23,604 | e | Monro Muffler, Inc | 1,563 | |||||||
33,411 | * | Murphy USA, Inc | 2,029 | |||||||
312,066 | * | NetFlix, Inc | 35,694 | |||||||
101,822 | e | Nordstrom, Inc | 5,072 | |||||||
20,499 | Nutri/System, Inc | 444 | ||||||||
405,707 | * | Office Depot, Inc | 2,288 | |||||||
6,870 | *,e | Ollie’s Bargain Outlet Holdings, Inc | 117 |
297 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
73,193 | * | O’Reilly Automotive, Inc | $ | 18,549 | ||||||
13,643 | e | Outerwall, Inc | 499 | |||||||
8,893 | * | Overstock.com, Inc | 109 | |||||||
17,507 | *,e | Party City Holdco, Inc | 226 | |||||||
31,428 | Penske Auto Group, Inc | 1,331 | ||||||||
40,957 | * | PEP Boys - Manny Moe & Jack | 754 | |||||||
14,837 | e | PetMed Express, Inc | 254 | |||||||
67,032 | e | Pier 1 Imports, Inc | 341 | |||||||
37,940 | * | Priceline.com, Inc | 48,372 | |||||||
38,310 | Rent-A-Center, Inc | 573 | ||||||||
24,409 | *,e | Restoration Hardware Holdings, Inc | 1,939 | |||||||
306,119 | Ross Stores, Inc | 16,472 | ||||||||
116,394 | * | Sally Beauty Holdings, Inc | 3,246 | |||||||
9,887 | *,e | Sears Holdings Corp | 203 | |||||||
38,951 | * | Select Comfort Corp | 834 | |||||||
10,447 | Shoe Carnival, Inc | 242 | ||||||||
27,812 | * | Shutterfly, Inc | 1,239 | |||||||
59,364 | Signet Jewelers Ltd | 7,343 | ||||||||
24,526 | Sonic Automotive, Inc (Class A) | 558 | ||||||||
13,281 | *,e | Sportsman’s Warehouse Holdings, Inc | 171 | |||||||
25,073 | e | Stage Stores, Inc | 228 | |||||||
474,361 | Staples, Inc | 4,492 | ||||||||
21,273 | Stein Mart, Inc | 143 | ||||||||
9,938 | * | Systemax, Inc | 85 | |||||||
472,181 | Target Corp | 34,285 | ||||||||
83,552 | Tiffany & Co | 6,374 | ||||||||
21,071 | *,e | Tile Shop Holdings, Inc | 346 | |||||||
6,790 | * | Tilly’s, Inc | 45 | |||||||
500,622 | TJX Companies, Inc | 35,499 | ||||||||
99,381 | Tractor Supply Co | 8,497 | ||||||||
83,065 | * | TripAdvisor, Inc | 7,081 | |||||||
32,864 | * | Tuesday Morning Corp | 214 | |||||||
46,408 | * | Ulta Salon Cosmetics & Fragrance, Inc | 8,585 | |||||||
72,158 | * | Urban Outfitters, Inc | 1,642 | |||||||
22,533 | * | Vitamin Shoppe, Inc | 737 | |||||||
11,570 | * | VOXX International Corp (Class A) | 61 | |||||||
14,711 | *,e | Wayfair, Inc | 701 | |||||||
11,292 | * | West Marine, Inc | 96 | |||||||
67,891 | Williams-Sonoma, Inc | 3,966 | ||||||||
1,945 | Winmark Corp | 181 | ||||||||
15,828 | *,e | Zumiez, Inc | 239 | |||||||
TOTAL RETAILING | 847,865 | |||||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.4% | ||||||||||
29,482 | * | Advanced Energy Industries, Inc | 832 | |||||||
474,503 | *,e | Advanced Micro Devices, Inc | 1,362 | |||||||
15,539 | * | Alpha & Omega Semiconductor Ltd | 143 | |||||||
23,188 | *,e | Ambarella, Inc | 1,292 | |||||||
73,241 | * | Amkor Technology, Inc | 445 | |||||||
229,205 | Analog Devices, Inc | 12,680 | ||||||||
849,566 | Applied Materials, Inc | 15,861 | ||||||||
59,771 | * | Applied Micro Circuits Corp | 381 |
298 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
308,399 | Atmel Corp | $ | 2,655 | |||||||
187,870 | Avago Technologies Ltd | 27,269 | ||||||||
83,398 | * | Axcelis Technologies, Inc | 216 | |||||||
405,180 | Broadcom Corp (Class A) | 23,428 | ||||||||
52,087 | Brooks Automation, Inc | 556 | ||||||||
17,924 | * | Cabot Microelectronics Corp | 785 | |||||||
9,758 | * | Cascade Microtech, Inc | 159 | |||||||
40,828 | * | Cavium Networks, Inc | 2,683 | |||||||
15,710 | * | Ceva, Inc | 367 | |||||||
47,684 | * | Cirrus Logic, Inc | 1,408 | |||||||
18,761 | Cohu, Inc | 226 | ||||||||
80,918 | *,e | Cree, Inc | 2,158 | |||||||
244,851 | e | Cypress Semiconductor Corp | 2,402 | |||||||
28,713 | * | Diodes, Inc | 660 | |||||||
19,178 | * | DSP Group, Inc | 181 | |||||||
105,554 | * | Entegris, Inc | 1,401 | |||||||
28,026 | * | Exar Corp | 172 | |||||||
85,675 | * | Fairchild Semiconductor International, Inc | 1,774 | |||||||
55,687 | * | First Solar, Inc | 3,675 | |||||||
40,961 | * | Formfactor, Inc | 369 | |||||||
28,079 | * | Inphi Corp | 759 | |||||||
109,667 | * | Integrated Device Technology, Inc | 2,890 | |||||||
3,478,760 | Intel Corp | 119,843 | ||||||||
96,768 | Intersil Corp (Class A) | 1,235 | ||||||||
16,725 | IXYS Corp | 211 | ||||||||
118,149 | Kla-Tencor Corp | 8,194 | ||||||||
50,517 | * | Kopin Corp | 137 | |||||||
117,211 | Lam Research Corp | 9,309 | ||||||||
90,159 | * | Lattice Semiconductor Corp | 583 | |||||||
176,955 | Linear Technology Corp | 7,515 | ||||||||
17,278 | *,e | MA-COM Technology Solutions | 706 | |||||||
334,640 | Marvell Technology Group Ltd | 2,952 | ||||||||
54,353 | * | Mattson Technology, Inc | 192 | |||||||
206,782 | Maxim Integrated Products, Inc | 7,858 | ||||||||
37,977 | * | MaxLinear, Inc | 559 | |||||||
157,936 | e | Microchip Technology, Inc | 7,350 | |||||||
799,251 | * | Micron Technology, Inc | 11,317 | |||||||
70,791 | * | Microsemi Corp | 2,307 | |||||||
39,433 | MKS Instruments, Inc | 1,420 | ||||||||
29,204 | Monolithic Power Systems, Inc | 1,861 | ||||||||
18,167 | * | Nanometrics, Inc | 275 | |||||||
21,168 | * | NeoPhotonics Corp Ltd | 230 | |||||||
3,184 | NVE Corp | 179 | ||||||||
397,834 | Nvidia Corp | 13,113 | ||||||||
42,436 | * | Omnivision Technologies, Inc | 1,231 | |||||||
317,509 | * | ON Semiconductor Corp | 3,112 | |||||||
20,605 | * | PDF Solutions, Inc | 223 | |||||||
46,544 | * | Photronics, Inc | 579 | |||||||
130,681 | * | PMC - Sierra, Inc | 1,519 | |||||||
22,599 | Power Integrations, Inc | 1,099 | ||||||||
110,554 | * | Qorvo, Inc | 5,627 | |||||||
84,186 | *,e | Rambus, Inc | 976 |
299 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
25,190 | * | Rudolph Technologies, Inc | $ | 358 | ||||||
49,258 | * | Semtech Corp | 932 | |||||||
25,567 | * | Sigma Designs, Inc | 162 | |||||||
32,473 | * | Silicon Laboratories, Inc | 1,576 | |||||||
141,463 | Skyworks Solutions, Inc | 10,869 | ||||||||
40,052 | *,e | SunPower Corp | 1,202 | |||||||
157,133 | Teradyne, Inc | 3,248 | ||||||||
39,803 | Tessera Technologies, Inc | 1,194 | ||||||||
761,500 | Texas Instruments, Inc | 41,738 | ||||||||
23,500 | * | Ultra Clean Holdings | 120 | |||||||
21,651 | * | Ultratech, Inc | 429 | |||||||
29,696 | * | Veeco Instruments, Inc | 611 | |||||||
37,527 | * | Xcerra Corp | 227 | |||||||
191,407 | Xilinx, Inc | 8,990 | ||||||||
TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 392,557 | |||||||||
SOFTWARE & SERVICES - 11.9% | ||||||||||
24,811 | * | A10 Networks, Inc | 163 | |||||||
462,436 | Accenture plc | 48,325 | ||||||||
86,241 | * | ACI Worldwide, Inc | 1,846 | |||||||
373,272 | Activision Blizzard, Inc | 14,449 | ||||||||
32,107 | * | Actua Corp | 368 | |||||||
57,158 | * | Acxiom Corp | 1,196 | |||||||
370,138 | * | Adobe Systems, Inc | 34,771 | |||||||
132,262 | * | Akamai Technologies, Inc | 6,961 | |||||||
5,086 | *,e | Alarm.com Holdings, Inc | 85 | |||||||
45,335 | * | Alliance Data Systems Corp | 12,538 | |||||||
211,966 | * | Alphabet, Inc (Class A) | 164,912 | |||||||
215,795 | * | Alphabet, Inc (Class C) | 163,762 | |||||||
11,882 | *,e | Amber Road, Inc | 60 | |||||||
114,365 | Amdocs Ltd | 6,241 | ||||||||
15,720 | American Software, Inc (Class A) | 160 | ||||||||
32,146 | *,e | Angie’s List, Inc | 301 | |||||||
62,478 | * | Ansys, Inc | 5,779 | |||||||
3,095 | * | Apigee Corp | 25 | |||||||
7,274 | *,e | Appfolio, Inc | 106 | |||||||
63,153 | * | Aspen Technology, Inc | 2,385 | |||||||
168,621 | * | Autodesk, Inc | 10,274 | |||||||
345,034 | Automatic Data Processing, Inc | 29,231 | ||||||||
30,408 | * | AVG Technologies NV | 610 | |||||||
50,870 | * | Bankrate, Inc | 677 | |||||||
5,965 | * | Barracuda Networks, Inc | 111 | |||||||
44,088 | *,e | Bazaarvoice, Inc | 193 | |||||||
5,721 | *,e | Benefitfocus, Inc | 208 | |||||||
15,413 | *,e | Black Knight Financial Services, Inc | 510 | |||||||
35,258 | Blackbaud, Inc | 2,322 | ||||||||
40,135 | * | Blackhawk Network Holdings, Inc | 1,774 | |||||||
30,473 | *,e | Blucora, Inc | 299 | |||||||
75,290 | Booz Allen Hamilton Holding Co | 2,323 | ||||||||
29,562 | * | Bottomline Technologies, Inc | 879 | |||||||
9,849 | *,e | Box, Inc | 137 | |||||||
20,694 | * | Brightcove, Inc | 128 |
300 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
88,805 | Broadridge Financial Solutions, Inc | $ | 4,771 | |||||||
21,331 | * | BroadSoft, Inc | 754 | |||||||
225,867 | CA, Inc | 6,451 | ||||||||
17,838 | * | CACI International, Inc (Class A) | 1,655 | |||||||
216,614 | * | Cadence Design Systems, Inc | 4,508 | |||||||
40,638 | * | Callidus Software, Inc | 755 | |||||||
13,412 | * | Carbonite, Inc | 131 | |||||||
33,955 | * | Cardtronics, Inc | 1,143 | |||||||
13,954 | *,e | Care.com, Inc | 100 | |||||||
8,603 | Cass Information Systems, Inc | 443 | ||||||||
115,322 | CDK Global, Inc | 5,474 | ||||||||
15,814 | * | ChannelAdvisor Corp | 219 | |||||||
52,926 | * | Ciber, Inc | 186 | |||||||
24,317 | *,e | Cimpress NV | 1,973 | |||||||
118,705 | * | Citrix Systems, Inc | 8,980 | |||||||
451,695 | * | Cognizant Technology Solutions Corp (Class A) | 27,111 | |||||||
33,614 | * | Commvault Systems, Inc | 1,323 | |||||||
99,804 | Computer Sciences Corp | 3,262 | ||||||||
25,588 | * | comScore, Inc | 1,053 | |||||||
23,960 | * | Constant Contact, Inc | 701 | |||||||
73,137 | Convergys Corp | 1,820 | ||||||||
40,208 | * | Cornerstone OnDemand, Inc | 1,388 | |||||||
23,982 | * | CoStar Group, Inc | 4,957 | |||||||
24,883 | CSG Systems International, Inc | 895 | ||||||||
99,804 | * | CSRA, Inc | 2,994 | |||||||
17,592 | * | Cvent, Inc | 614 | |||||||
15,267 | * | Datalink Corp | 104 | |||||||
24,614 | *,e | Demandware, Inc | 1,328 | |||||||
32,513 | * | DHI Group, Inc | 298 | |||||||
5,437 | *,e | Digimarc Corp | 199 | |||||||
37,568 | *,e | Digital Turbine, Inc | 50 | |||||||
27,103 | DST Systems, Inc | 3,091 | ||||||||
77,306 | EarthLink Holdings Corp | 574 | ||||||||
894,311 | * | eBay, Inc | 24,576 | |||||||
19,966 | e | Ebix, Inc | 655 | |||||||
229,813 | * | Electronic Arts, Inc | 15,793 | |||||||
21,694 | * | Ellie Mae, Inc | 1,307 | |||||||
43,380 | *,e | Endurance International Group Holdings, Inc | 474 | |||||||
20,747 | *,e | EnerNOC, Inc | 80 | |||||||
28,511 | * | Envestnet, Inc | 851 | |||||||
36,125 | * | EPAM Systems, Inc | 2,840 | |||||||
25,591 | EPIQ Systems, Inc | 334 | ||||||||
37,881 | * | Euronet Worldwide, Inc | 2,744 | |||||||
51,313 | * | Everi Holdings, Inc | 225 | |||||||
48,388 | EVERTEC, Inc | 810 | ||||||||
15,773 | * | Everyday Health, Inc | 95 | |||||||
24,918 | * | ExlService Holdings, Inc | 1,120 | |||||||
1,591,937 | * | Facebook, Inc | 166,612 | |||||||
23,064 | Fair Isaac Corp | 2,172 | ||||||||
209,784 | Fidelity National Information Services, Inc | 12,713 | ||||||||
102,019 | *,e | FireEye, Inc | 2,116 | |||||||
67,170 | * | First American Corp | 2,274 |
301 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
138,194 | * | First Data Corp | $ | 2,214 | ||||||
170,999 | * | Fiserv, Inc | 15,640 | |||||||
18,028 | *,e | Five9, Inc | 157 | |||||||
67,800 | * | FleetCor Technologies, Inc | 9,691 | |||||||
28,477 | * | FleetMatics Group plc | 1,446 | |||||||
8,265 | Forrester Research, Inc | 235 | ||||||||
105,618 | * | Fortinet, Inc | 3,292 | |||||||
61,489 | * | Gartner, Inc | 5,577 | |||||||
118,380 | * | Genpact Ltd | 2,957 | |||||||
20,054 | * | Gigamon, Inc | 533 | |||||||
98,592 | Global Payments, Inc | 6,360 | ||||||||
11,456 | *,e | Globant S.A. | 430 | |||||||
88,947 | *,e | Glu Mobile, Inc | 216 | |||||||
17,503 | *,e | GoDaddy, Inc | 561 | |||||||
42,541 | *,e | Gogo, Inc | 757 | |||||||
55,694 | *,e | GrubHub, Inc | 1,348 | |||||||
18,192 | * | GTT Communications, Inc | 310 | |||||||
13,242 | *,e | Guidance Software, Inc | 80 | |||||||
51,316 | * | Guidewire Software, Inc | 3,087 | |||||||
17,956 | Hackett Group, Inc | 289 | ||||||||
27,069 | Heartland Payment Systems, Inc | 2,567 | ||||||||
5,610 | * | Hortonworks, Inc | 123 | |||||||
14,191 | * | HubSpot, Inc | 799 | |||||||
52,417 | IAC/InterActiveCorp | 3,148 | ||||||||
19,610 | * | Imperva, Inc | 1,242 | |||||||
41,826 | *,e | Infoblox, Inc | 769 | |||||||
12,605 | * | Interactive Intelligence, Inc | 396 | |||||||
40,309 | * | Internap Network Services Corp | 258 | |||||||
665,410 | International Business Machines Corp | 91,574 | ||||||||
200,684 | Intuit, Inc | 19,366 | ||||||||
36,074 | j2 Global, Inc | 2,970 | ||||||||
58,179 | Jack Henry & Associates, Inc | 4,541 | ||||||||
30,270 | * | Jive Software, Inc | 124 | |||||||
58,933 | King Digital Entertainment plc | 1,054 | ||||||||
19,259 | * | Knot, Inc | 309 | |||||||
49,809 | Leidos Holdings, Inc | 2,802 | ||||||||
50,961 | * | Limelight Networks, Inc | 74 | |||||||
80,906 | * | LinkedIn Corp | 18,210 | |||||||
44,720 | * | Lionbridge Technologies | 220 | |||||||
19,090 | * | Liquidity Services, Inc | 124 | |||||||
40,701 | * | Liveperson, Inc | 275 | |||||||
18,232 | * | LogMeIn, Inc | 1,223 | |||||||
13,441 | * | Luxoft Holding, Inc | 1,037 | |||||||
54,701 | * | Manhattan Associates, Inc | 3,620 | |||||||
18,418 | Mantech International Corp (Class A) | 557 | ||||||||
25,119 | Marchex, Inc (Class B) | 98 | ||||||||
20,549 | * | Marin Software, Inc | 74 | |||||||
25,709 | * | Marketo, Inc | 738 | |||||||
734,581 | Mastercard, Inc (Class A) | 71,519 | ||||||||
24,371 | *,e | Match Group, Inc | 330 | |||||||
48,838 | MAXIMUS, Inc | 2,747 | ||||||||
73,403 | Mentor Graphics Corp | 1,352 |
302 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
5,949,308 | Microsoft Corp | $ | 330,067 | |||||||
6,844 | * | MicroStrategy, Inc (Class A) | 1,227 | |||||||
5,757 | *,e | MINDBODY, Inc | 87 | |||||||
29,654 | *,e | MobileIron, Inc | 107 | |||||||
14,483 | * | Model N, Inc | 162 | |||||||
33,165 | *,e | ModusLink Global Solutions, Inc | 82 | |||||||
22,389 | * | MoneyGram International, Inc | 140 | |||||||
29,292 | Monotype Imaging Holdings, Inc | 692 | ||||||||
70,908 | * | Monster Worldwide, Inc | 406 | |||||||
29,548 | *,e | NetSuite, Inc | 2,500 | |||||||
42,216 | *,e | NeuStar, Inc (Class A) | 1,012 | |||||||
4,154 | *,e | New Relic, Inc | 151 | |||||||
48,579 | * | NIC, Inc | 956 | |||||||
187,240 | * | Nuance Communications, Inc | 3,724 | |||||||
19,789 | *,e | OPOWER, Inc | 209 | |||||||
2,343,471 | Oracle Corp | 85,607 | ||||||||
155,524 | * | Pandora Media, Inc | 2,086 | |||||||
7,197 | *,e | Park City Group, Inc | 86 | |||||||
240,713 | Paychex, Inc | 12,731 | ||||||||
23,354 | * | Paycom Software, Inc | 879 | |||||||
11,222 | * | Paylocity Holding Corp | 455 | |||||||
898,445 | * | PayPal Holdings, Inc | 32,524 | |||||||
24,918 | Pegasystems, Inc | 685 | ||||||||
25,493 | * | Perficient, Inc | 436 | |||||||
8,684 | * | PFSweb, Inc | 112 | |||||||
38,195 | * | Progress Software Corp | 917 | |||||||
29,179 | * | Proofpoint, Inc | 1,897 | |||||||
17,256 | * | PROS Holdings, Inc | 398 | |||||||
85,331 | * | PTC, Inc | 2,955 | |||||||
14,350 | * | Q2 Holdings, Inc | 378 | |||||||
7,729 | QAD, Inc (Class A) | 159 | ||||||||
67,392 | * | QLIK Technologies, Inc | 2,134 | |||||||
18,223 | * | Qualys, Inc | 603 | |||||||
20,643 | * | QuinStreet, Inc | 89 | |||||||
45,152 | *,e | Quotient Technology, Inc | 308 | |||||||
91,063 | * | Rackspace Hosting, Inc | 2,306 | |||||||
5,299 | *,e | Rapid7, Inc | 80 | |||||||
18,038 | * | RealNetworks, Inc | 77 | |||||||
39,496 | * | RealPage, Inc | 887 | |||||||
135,645 | * | Red Hat, Inc | 11,233 | |||||||
6,528 | Reis, Inc | 155 | ||||||||
28,776 | * | RetailMeNot, Inc | 285 | |||||||
39,806 | * | RingCentral, Inc | 939 | |||||||
20,141 | *,e | Rocket Fuel, Inc | 70 | |||||||
65,478 | * | Rovi Corp | 1,091 | |||||||
18,722 | * | Rubicon Project, Inc | 308 | |||||||
83,383 | Sabre Corp | 2,332 | ||||||||
485,133 | * | Salesforce.com, Inc | 38,034 | |||||||
17,304 | Sapiens International Corp NV | 177 | ||||||||
34,016 | Science Applications International Corp | 1,557 | ||||||||
21,075 | * | Sciquest, Inc | 273 | |||||||
24,634 | * | Seachange International, Inc | 166 |
303 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
113,734 | * | ServiceNow, Inc | $ | 9,845 | ||||||
46,932 | *,e | ServiceSource International LLC | 216 | |||||||
14,547 | *,e | Shutterstock, Inc | 470 | |||||||
26,176 | *,e | Silver Spring Networks, Inc | 377 | |||||||
49,819 | * | SolarWinds, Inc | 2,934 | |||||||
49,541 | Solera Holdings, Inc | 2,716 | ||||||||
92,607 | * | Splunk, Inc | 5,446 | |||||||
12,246 | * | SPS Commerce, Inc | 860 | |||||||
22,469 | *,e | Square, Inc | 294 | |||||||
52,847 | SS&C Technologies Holdings, Inc | 3,608 | ||||||||
10,609 | * | Stamps.com, Inc | 1,163 | |||||||
29,262 | * | Sykes Enterprises, Inc | 901 | |||||||
503,573 | Symantec Corp | 10,575 | ||||||||
28,696 | * | Synchronoss Technologies, Inc | 1,011 | |||||||
107,461 | * | Synopsys, Inc | 4,901 | |||||||
23,254 | * | Syntel, Inc | 1,052 | |||||||
30,239 | * | TA Indigo Holding Corp | 274 | |||||||
36,581 | * | Tableau Software, Inc | 3,447 | |||||||
62,894 | * | Take-Two Interactive Software, Inc | 2,191 | |||||||
29,444 | * | Tangoe, Inc | 247 | |||||||
12,153 | * | TechTarget, Inc | 98 | |||||||
37,654 | * | TeleCommunication Systems, Inc (Class A) | 187 | |||||||
20,400 | * | TeleNav, Inc | 116 | |||||||
13,212 | TeleTech Holdings, Inc | 369 | ||||||||
104,965 | * | Teradata Corp | 2,773 | |||||||
14,409 | *,e | Textura Corp | 311 | |||||||
71,591 | * | TiVo, Inc | 618 | |||||||
122,214 | Total System Services, Inc | 6,086 | ||||||||
78,243 | Travelport Worldwide Ltd | 1,009 | ||||||||
6,116 | * | Travelzoo, Inc | 51 | |||||||
36,314 | *,e | TrueCar, Inc | 346 | |||||||
10,595 | *,e | TubeMogul, Inc | 144 | |||||||
418,135 | * | Twitter, Inc | 9,676 | |||||||
24,991 | * | Tyler Technologies, Inc | 4,356 | |||||||
21,175 | * | Ultimate Software Group, Inc | 4,140 | |||||||
38,674 | * | Unisys Corp | 427 | |||||||
11,210 | * | United Online, Inc | 132 | |||||||
105,809 | * | Vantiv, Inc | 5,017 | |||||||
6,363 | *,e | Varonis Systems, Inc | 120 | |||||||
21,489 | *,e | Vasco Data Security International | 360 | |||||||
84,224 | * | VeriFone Systems, Inc | 2,360 | |||||||
45,384 | * | Verint Systems, Inc | 1,841 | |||||||
73,449 | *,e | VeriSign, Inc | 6,417 | |||||||
32,131 | *,e | VirnetX Holding Corp | 83 | |||||||
21,946 | * | Virtusa Corp | 907 | |||||||
1,438,349 | Visa, Inc (Class A) | 111,544 | ||||||||
60,583 | *,e | VMware, Inc (Class A) | 3,427 | |||||||
28,678 | *,e | WebMD Health Corp (Class A) | 1,385 | |||||||
32,723 | * | Website Pros, Inc | 655 | |||||||
382,980 | e | Western Union Co | 6,859 | |||||||
28,569 | * | WEX, Inc | 2,526 | |||||||
14,146 | * | Wix.com Ltd | 322 |
304 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
78,368 | * | Workday, Inc | $ | 6,244 | ||||||
4,998 | *,e | Workiva, Inc | 88 | |||||||
8,095 | * | Xactly Corp | 69 | |||||||
817,071 | Xerox Corp | 8,685 | ||||||||
16,654 | * | Xura, Inc | 409 | |||||||
694,256 | * | Yahoo!, Inc | 23,091 | |||||||
47,998 | * | Yelp, Inc | 1,382 | |||||||
39,804 | * | Zendesk, Inc | 1,052 | |||||||
32,505 | *,e | Zillow Group, Inc | 846 | |||||||
65,010 | *,e | Zillow Group, Inc (Class C) | 1,526 | |||||||
47,197 | * | Zix Corp | 240 | |||||||
565,694 | * | Zynga, Inc | 1,516 | |||||||
TOTAL SOFTWARE & SERVICES | 1,949,894 | |||||||||
TECHNOLOGY HARDWARE & EQUIPMENT - 5.5% | ||||||||||
83,151 | *,e | 3D Systems Corp | 723 | |||||||
39,852 | Adtran, Inc | 686 | ||||||||
16,323 | *,e | Aerohive Networks, Inc | 83 | |||||||
11,056 | * | Agilysys, Inc | 110 | |||||||
9,098 | * | Alliance Fiber Optic Products, Inc | 138 | |||||||
228,592 | Amphenol Corp (Class A) | 11,939 | ||||||||
21,094 | * | Anixter International, Inc | 1,274 | |||||||
4,233,303 | Apple, Inc | 445,597 | ||||||||
11,231 | *,e | Applied Optoelectronics, Inc | 193 | |||||||
24,889 | *,e | Arista Networks, Inc | 1,937 | |||||||
133,254 | * | ARRIS Group, Inc | 4,074 | |||||||
66,366 | * | Arrow Electronics, Inc | 3,596 | |||||||
24,161 | *,e | Avid Technology, Inc | 176 | |||||||
92,405 | Avnet, Inc | 3,959 | ||||||||
34,410 | AVX Corp | 418 | ||||||||
11,475 | e | Badger Meter, Inc | 672 | |||||||
7,316 | Bel Fuse, Inc (Class B) | 127 | ||||||||
31,469 | Belden CDT, Inc | 1,500 | ||||||||
39,122 | * | Benchmark Electronics, Inc | 809 | |||||||
12,526 | Black Box Corp | 119 | ||||||||
309,327 | Brocade Communications Systems, Inc | 2,840 | ||||||||
26,799 | * | CalAmp Corp | 534 | |||||||
28,887 | * | Calix Networks, Inc | 227 | |||||||
89,647 | CDW Corp | 3,769 | ||||||||
30,668 | Checkpoint Systems, Inc | 192 | ||||||||
91,005 | * | Ciena Corp | 1,883 | |||||||
3,751,334 | Cisco Systems, Inc | 101,868 | ||||||||
8,964 | *,e | Clearfield, Inc | 120 | |||||||
64,456 | Cognex Corp | 2,177 | ||||||||
17,685 | * | Coherent, Inc | 1,151 | |||||||
73,857 | * | CommScope Holding Co, Inc | 1,912 | |||||||
11,551 | Comtech Telecommunications Corp | 232 | ||||||||
15,682 | * | Control4 Corp | 114 | |||||||
849,927 | Corning, Inc | 15,537 | ||||||||
29,620 | * | Cray, Inc | 961 | |||||||
23,637 | CTS Corp | 417 | ||||||||
27,847 | Daktronics, Inc | 243 |
305 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
47,853 | Diebold, Inc | $ | 1,440 | |||||||
18,652 | * | Digi International, Inc | 212 | |||||||
36,841 | Dolby Laboratories, Inc (Class A) | 1,240 | ||||||||
13,244 | * | DTS, Inc | 299 | |||||||
13,533 | * | Eastman Kodak Co | 170 | |||||||
32,770 | * | EchoStar Corp (Class A) | 1,282 | |||||||
11,677 | Electro Rent Corp | 107 | ||||||||
35,264 | * | Electronics for Imaging, Inc | 1,648 | |||||||
1,415,261 | EMC Corp | 36,344 | ||||||||
18,982 | * | EMCORE Corp | 116 | |||||||
3,943 | * | ePlus, Inc | 368 | |||||||
79,396 | * | Extreme Networks, Inc | 324 | |||||||
53,266 | * | F5 Networks, Inc | 5,165 | |||||||
26,560 | * | Fabrinet | 633 | |||||||
12,851 | * | FARO Technologies, Inc | 379 | |||||||
30,706 | FEI Co | 2,450 | ||||||||
76,718 | * | Finisar Corp | 1,115 | |||||||
30,563 | *,e | Fitbit, Inc | 904 | |||||||
104,125 | Flir Systems, Inc | 2,923 | ||||||||
25,552 | * | GSI Group, Inc | 348 | |||||||
67,185 | * | Harmonic, Inc | 273 | |||||||
91,398 | Harris Corp | 7,943 | ||||||||
1,344,424 | * | Hewlett Packard Enterprise Co | 20,435 | |||||||
1,344,424 | HP, Inc | 15,918 | ||||||||
39,772 | * | II-VI, Inc | 738 | |||||||
27,939 | *,e | Imation Corp | 38 | |||||||
21,661 | * | Immersion Corp | 253 | |||||||
95,498 | *,e | Infinera Corp | 1,730 | |||||||
107,218 | Ingram Micro, Inc (Class A) | 3,257 | ||||||||
28,444 | * | Insight Enterprises, Inc | 715 | |||||||
26,730 | InterDigital, Inc | 1,311 | ||||||||
57,029 | *,e | InvenSense, Inc | 583 | |||||||
25,418 | *,e | IPG Photonics Corp | 2,266 | |||||||
28,730 | * | Itron, Inc | 1,039 | |||||||
43,041 | * | Ixia | 535 | |||||||
143,551 | Jabil Circuit, Inc | 3,343 | ||||||||
291,880 | Juniper Networks, Inc | 8,056 | ||||||||
125,388 | * | Keysight Technologies, Inc | 3,552 | |||||||
21,162 | * | Kimball Electronics, Inc | 233 | |||||||
64,648 | *,e | Knowles Corp | 862 | |||||||
10,929 | * | KVH Industries, Inc | 103 | |||||||
45,344 | Lexmark International, Inc (Class A) | 1,471 | ||||||||
16,687 | Littelfuse, Inc | 1,786 | ||||||||
34,637 | * | Lumentum Holdings, Inc | 763 | |||||||
23,128 | * | Mercury Computer Systems, Inc | 425 | |||||||
1,988 | Mesa Laboratories, Inc | 198 | ||||||||
28,385 | Methode Electronics, Inc | 904 | ||||||||
126,381 | Motorola, Inc | 8,651 | ||||||||
11,234 | MTS Systems Corp | 712 | ||||||||
6,959 | * | Multi-Fineline Electronix, Inc | 144 | |||||||
83,376 | National Instruments Corp | 2,392 | ||||||||
125,398 | * | NCR Corp | 3,067 |
306 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
216,845 | NetApp, Inc | $ | 5,753 | |||||||
26,175 | * | Netgear, Inc | 1,097 | |||||||
67,850 | * | Netscout Systems, Inc | 2,083 | |||||||
27,910 | * | Newport Corp | 443 | |||||||
37,400 | *,e | Nimble Storage, Inc | 344 | |||||||
29,647 | *,e | Novatel Wireless, Inc | 50 | |||||||
72,862 | *,e | Oclaro, Inc | 254 | |||||||
14,702 | * | OSI Systems, Inc | 1,303 | |||||||
53,646 | * | Palo Alto Networks, Inc | 9,449 | |||||||
16,460 | Park Electrochemical Corp | 248 | ||||||||
6,868 | * | PC Connection, Inc | 156 | |||||||
29,009 | Plantronics, Inc | 1,376 | ||||||||
25,402 | * | Plexus Corp | 887 | |||||||
100,006 | * | Polycom, Inc | 1,259 | |||||||
21,249 | *,e | Pure Storage, Inc | 331 | |||||||
65,614 | * | QLogic Corp | 801 | |||||||
1,106,589 | Qualcomm, Inc | 55,313 | ||||||||
171,155 | *,e | Quantum Corp | 159 | |||||||
31,179 | * | RealD, Inc | 329 | |||||||
21,664 | * | Rofin-Sinar Technologies, Inc | 580 | |||||||
13,791 | * | Rogers Corp | 711 | |||||||
55,372 | * | Ruckus Wireless, Inc | 593 | |||||||
153,815 | SanDisk Corp | 11,688 | ||||||||
61,646 | * | Sanmina Corp | 1,269 | |||||||
21,738 | * | Scansource, Inc | 700 | |||||||
43,182 | * | ShoreTel, Inc | 382 | |||||||
25,143 | *,e | Silicon Graphics International Corp | 148 | |||||||
37,508 | * | Sonus Networks, Inc | 267 | |||||||
37,383 | *,e | Stratasys Ltd | 878 | |||||||
27,221 | *,e | Super Micro Computer, Inc | 667 | |||||||
27,223 | * | Synaptics, Inc | 2,187 | |||||||
21,522 | SYNNEX Corp | 1,935 | ||||||||
26,973 | * | Tech Data Corp | 1,790 | |||||||
192,019 | * | Trimble Navigation Ltd | 4,119 | |||||||
44,290 | * | TTM Technologies, Inc | 288 | |||||||
22,392 | *,e | Ubiquiti Networks, Inc | 710 | |||||||
29,474 | * | Universal Display Corp | 1,605 | |||||||
31,477 | *,e | Viasat, Inc | 1,920 | |||||||
173,185 | * | Viavi Solutions, Inc | 1,055 | |||||||
60,568 | *,e | Violin Memory, Inc | 55 | |||||||
100,754 | e | Vishay Intertechnology, Inc | 1,214 | |||||||
9,508 | * | Vishay Precision Group, Inc | 108 | |||||||
165,870 | Western Digital Corp | 9,961 | ||||||||
38,312 | * | Zebra Technologies Corp (Class A) | 2,668 | |||||||
TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 892,603 | |||||||||
TELECOMMUNICATION SERVICES - 2.2% | ||||||||||
66,124 | * | 8x8, Inc | 757 | |||||||
4,470,855 | AT&T, Inc | 153,842 | ||||||||
7,918 | Atlantic Tele-Network, Inc | 619 | ||||||||
27,406 | * | Boingo Wireless, Inc | 181 | |||||||
416,899 | CenturyTel, Inc | 10,489 |
307 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
149,815 | * | Cincinnati Bell, Inc | $ | 539 | ||||||
34,230 | Cogent Communications Group, Inc | 1,187 | ||||||||
38,388 | e | Consolidated Communications Holdings, Inc | 804 | |||||||
16,551 | *,e | Fairpoint Communications, Inc | 266 | |||||||
743,607 | e | Frontier Communications Corp | 3,473 | |||||||
24,304 | * | General Communication, Inc (Class A) | 481 | |||||||
348,844 | *,e | Globalstar, Inc | 502 | |||||||
7,568 | * | Hawaiian Telcom Holdco, Inc | 188 | |||||||
10,513 | IDT Corp (Class B) | 123 | ||||||||
45,794 | *,e | inContact, Inc | 437 | |||||||
25,073 | Inteliquent, Inc | 446 | ||||||||
20,308 | *,e | Intelsat S.A. | 85 | |||||||
60,764 | *,e | Iridium Communications, Inc | 511 | |||||||
213,185 | * | Level 3 Communications, Inc | 11,589 | |||||||
16,622 | Lumos Networks Corp | 186 | ||||||||
11,759 | * | NTELOS Holdings Corp | 107 | |||||||
44,329 | * | Orbcomm, Inc | 321 | |||||||
9,439 | *,e | pdvWireless, Inc | 260 | |||||||
95,804 | * | SBA Communications Corp (Class A) | 10,066 | |||||||
18,151 | Shenandoah Telecom Co | 781 | ||||||||
17,224 | Spok Holdings, Inc | 316 | ||||||||
551,084 | *,e | Sprint Corp | 1,995 | |||||||
6,721 | *,e | Straight Path Communications, Inc | 115 | |||||||
68,830 | Telephone & Data Systems, Inc | 1,782 | ||||||||
203,125 | * | T-Mobile US, Inc | 7,946 | |||||||
9,529 | * | US Cellular Corp | 389 | |||||||
3,002,068 | Verizon Communications, Inc | 138,756 | ||||||||
137,981 | * | Vonage Holdings Corp | 792 | |||||||
76,638 | e | Windstream Holdings, Inc | 494 | |||||||
105,945 | * | Zayo Group Holdings, Inc | 2,817 | |||||||
TOTAL TELECOMMUNICATION SERVICES | 353,642 | |||||||||
TRANSPORTATION - 2.1% | ||||||||||
40,179 | * | Air Transport Services Group, Inc | 405 | |||||||
93,230 | Alaska Air Group, Inc | 7,506 | ||||||||
8,403 | Allegiant Travel Co | 1,410 | ||||||||
4,641 | Amerco, Inc | 1,808 | ||||||||
463,817 | American Airlines Group, Inc | 19,643 | ||||||||
19,331 | Arkansas Best Corp | 413 | ||||||||
18,341 | * | Atlas Air Worldwide Holdings, Inc | 758 | |||||||
78,384 | * | Avis Budget Group, Inc | 2,845 | |||||||
20,049 | Celadon Group, Inc | 198 | ||||||||
107,766 | CH Robinson Worldwide, Inc | 6,684 | ||||||||
24,453 | e | Copa Holdings S.A. (Class A) | 1,180 | |||||||
8,672 | * | Covenant Transportation Group, Inc | 164 | |||||||
731,012 | CSX Corp | 18,970 | ||||||||
600,168 | Delta Air Lines, Inc | 30,422 | ||||||||
15,158 | *,e | Eagle Bulk Shipping, Inc | 53 | |||||||
21,969 | * | Echo Global Logistics, Inc | 448 | |||||||
138,241 | Expeditors International of Washington, Inc | 6,235 | ||||||||
207,313 | FedEx Corp | 30,888 | ||||||||
22,919 | Forward Air Corp | 986 |
308 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
39,257 | * | Genesee & Wyoming, Inc (Class A) | $ | 2,108 | ||||||
34,479 | * | Hawaiian Holdings, Inc | 1,218 | |||||||
36,950 | e | Heartland Express, Inc | 629 | |||||||
299,972 | * | Hertz Global Holdings, Inc | 4,269 | |||||||
26,734 | * | Hub Group, Inc (Class A) | 881 | |||||||
68,104 | J.B. Hunt Transport Services, Inc | 4,996 | ||||||||
231,738 | * | JetBlue Airways Corp | 5,249 | |||||||
81,773 | Kansas City Southern Industries, Inc | 6,106 | ||||||||
41,240 | * | Kirby Corp | 2,170 | |||||||
45,057 | Knight Transportation, Inc | 1,092 | ||||||||
33,557 | Landstar System, Inc | 1,968 | ||||||||
50,509 | Macquarie Infrastructure Co LLC | 3,667 | ||||||||
17,739 | Marten Transport Ltd | 314 | ||||||||
32,238 | Matson, Inc | 1,374 | ||||||||
60,245 | e | Navios Maritime Holdings, Inc | 105 | |||||||
225,613 | Norfolk Southern Corp | 19,085 | ||||||||
51,170 | * | Old Dominion Freight Line | 3,023 | |||||||
2,470 | * | PAM Transportation Services, Inc | 68 | |||||||
6,136 | Park-Ohio Holdings Corp | 226 | ||||||||
17,329 | * | Radiant Logistics, Inc | 59 | |||||||
43,045 | * | Republic Airways Holdings, Inc | 169 | |||||||
20,933 | * | Roadrunner Transportation Services Holdings, Inc | 197 | |||||||
39,438 | Ryder System, Inc | 2,241 | ||||||||
30,068 | Safe Bulkers, Inc | 24 | ||||||||
18,094 | * | Saia, Inc | 403 | |||||||
11,497 | * | Scorpio Bulkers, Inc | 114 | |||||||
40,260 | Skywest, Inc | 766 | ||||||||
494,314 | Southwest Airlines Co | 21,285 | ||||||||
53,890 | * | Spirit Airlines, Inc | 2,147 | |||||||
63,781 | *,e | Swift Transportation Co, Inc | 881 | |||||||
641,733 | Union Pacific Corp | 50,183 | ||||||||
278,057 | * | United Continental Holdings, Inc | 15,933 | |||||||
518,852 | United Parcel Service, Inc (Class B) | 49,929 | ||||||||
6,297 | Universal Truckload Services, Inc | 88 | ||||||||
7,128 | * | USA Truck, Inc | 124 | |||||||
69,158 | * | UTI Worldwide, Inc | 486 | |||||||
18,831 | *,e | Virgin America, Inc | 678 | |||||||
34,798 | Werner Enterprises, Inc | 814 | ||||||||
44,920 | * | Wesco Aircraft Holdings, Inc | 538 | |||||||
52,800 | *,e | XPO Logistics, Inc | 1,439 | |||||||
23,809 | * | YRC Worldwide, Inc | 338 | |||||||
TOTAL TRANSPORTATION | 338,400 | |||||||||
UTILITIES - 3.0% | ||||||||||
35,975 | e | Abengoa Yield plc | 694 | |||||||
502,237 | AES Corp | 4,806 | ||||||||
88,857 | AGL Resources, Inc | 5,670 | ||||||||
35,666 | Allete, Inc | 1,813 | ||||||||
83,430 | Alliant Energy Corp | 5,210 | ||||||||
179,688 | Ameren Corp | 7,768 | ||||||||
361,395 | American Electric Power Co, Inc | 21,058 | ||||||||
29,456 | American States Water Co | 1,236 |
309 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
133,205 | American Water Works Co, Inc | $ | 7,959 | |||||||
134,973 | Aqua America, Inc | 4,022 | ||||||||
4,909 | Artesian Resources Corp | 136 | ||||||||
92,825 | e | Atlantic Power Corp | 183 | |||||||
73,233 | Atmos Energy Corp | 4,617 | ||||||||
41,780 | * | Avangrid, Inc | 1,604 | |||||||
45,672 | Avista Corp | 1,615 | ||||||||
33,522 | Black Hills Corp | 1,556 | ||||||||
35,650 | California Water Service Group | 830 | ||||||||
276,377 | * | Calpine Corp | 3,999 | |||||||
318,361 | Centerpoint Energy, Inc | 5,845 | ||||||||
11,590 | Chesapeake Utilities Corp | 658 | ||||||||
46,444 | Cleco Corp | 2,425 | ||||||||
203,302 | CMS Energy Corp | 7,335 | ||||||||
8,405 | Connecticut Water Service, Inc | 319 | ||||||||
216,563 | Consolidated Edison, Inc | 13,918 | ||||||||
10,961 | e | Consolidated Water Co, Inc | 134 | |||||||
438,500 | Dominion Resources, Inc | 29,660 | ||||||||
131,940 | DTE Energy Co | 10,580 | ||||||||
504,114 | Duke Energy Corp | 35,989 | ||||||||
94,898 | * | Dynegy, Inc | 1,272 | |||||||
239,987 | Edison International | 14,210 | ||||||||
30,616 | El Paso Electric Co | 1,179 | ||||||||
33,239 | Empire District Electric Co | 933 | ||||||||
132,825 | Entergy Corp | 9,080 | ||||||||
213,620 | Eversource Energy | 10,910 | ||||||||
679,688 | Exelon Corp | 18,875 | ||||||||
47,286 | Ferroglobe plc | 508 | ||||||||
311,936 | FirstEnergy Corp | 9,898 | ||||||||
9,378 | e | Genie Energy Ltd | 105 | |||||||
114,306 | Great Plains Energy, Inc | 3,122 | ||||||||
79,361 | Hawaiian Electric Industries, Inc | 2,297 | ||||||||
37,236 | Idacorp, Inc | 2,532 | ||||||||
114,807 | ITC Holdings Corp | 4,506 | ||||||||
32,340 | Laclede Group, Inc | 1,921 | ||||||||
144,429 | MDU Resources Group, Inc | 2,646 | ||||||||
26,250 | MGE Energy, Inc | 1,218 | ||||||||
11,759 | Middlesex Water Co | 312 | ||||||||
62,456 | e | National Fuel Gas Co | 2,670 | |||||||
63,442 | New Jersey Resources Corp | 2,091 | ||||||||
324,782 | NextEra Energy, Inc | 33,742 | ||||||||
234,601 | NiSource, Inc | 4,577 | ||||||||
22,143 | Northwest Natural Gas Co | 1,121 | ||||||||
33,520 | NorthWestern Corp | 1,818 | ||||||||
245,109 | NRG Energy, Inc | 2,885 | ||||||||
21,934 | e | NRG Yield, Inc (Class A) | 305 | |||||||
25,354 | e | NRG Yield, Inc (Class C) | 374 | |||||||
147,340 | OGE Energy Corp | 3,874 | ||||||||
39,547 | ONE Gas, Inc | 1,984 | ||||||||
27,707 | e | Ormat Technologies, Inc | 1,010 | |||||||
27,545 | Otter Tail Corp | 733 | ||||||||
38,404 | e | Pattern Energy Group, Inc | 803 |
310 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
187,067 | Pepco Holdings, Inc | $ | 4,866 | |||||||
354,104 | PG&E Corp | 18,835 | ||||||||
59,207 | Piedmont Natural Gas Co, Inc | 3,376 | ||||||||
81,970 | Pinnacle West Capital Corp | 5,285 | ||||||||
58,763 | PNM Resources, Inc | 1,796 | ||||||||
58,032 | Portland General Electric Co | 2,111 | ||||||||
481,803 | PPL Corp | 16,444 | ||||||||
374,289 | Public Service Enterprise Group, Inc | 14,481 | ||||||||
130,852 | Questar Corp | 2,549 | ||||||||
104,543 | SCANA Corp | 6,324 | ||||||||
176,260 | Sempra Energy | 16,570 | ||||||||
12,005 | SJW Corp | 356 | ||||||||
49,250 | South Jersey Industries, Inc | 1,158 | ||||||||
662,212 | Southern Co | 30,985 | ||||||||
34,400 | Southwest Gas Corp | 1,897 | ||||||||
62,722 | * | Talen Energy Corp | 391 | |||||||
170,423 | TECO Energy, Inc | 4,542 | ||||||||
27,892 | TerraForm Global, Inc | 156 | ||||||||
37,840 | e | TerraForm Power, Inc | 476 | |||||||
128,103 | UGI Corp | 4,325 | ||||||||
10,272 | Unitil Corp | 369 | ||||||||
61,078 | Vectren Corp | 2,591 | ||||||||
15,334 | *,e | Vivint Solar, Inc | 147 | |||||||
233,695 | WEC Energy Group, Inc | 11,991 | ||||||||
96,665 | Westar Energy, Inc | 4,100 | ||||||||
36,819 | WGL Holdings, Inc | 2,319 | ||||||||
355,639 | Xcel Energy, Inc | 12,771 | ||||||||
9,006 | York Water Co | 225 | ||||||||
TOTAL UTILITIES | 496,586 | |||||||||
TOTAL COMMON STOCKS | 16,284,933 | |||||||||
(Cost $9,202,465) | ||||||||||
RIGHTS / WARRANTS - 0.0% | ||||||||||
ENERGY - 0.0% | ||||||||||
15,560 | e,m | Magnum Hunter Resources Corp | 0 | |||||||
TOTAL ENERGY | 0 | |||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0% | ||||||||||
10,743 | m | Forest Laboratories, Inc CVR | 10 | |||||||
6,747 | m | Furiex Pharmaceuticals, Inc | 0 | |||||||
4,045 | m | Omthera Pharmaceuticals, Inc | 2 | |||||||
28,951 | e,m | Trius Therapeutics, Inc | 4 | |||||||
TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 16 | |||||||||
SOFTWARE & SERVICES - 0.0% | ||||||||||
19,206 | m | Gerber Scientific, Inc | 0 | |||||||
TOTAL SOFTWARE & SERVICES | 0 |
311 |
COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
TELECOMMUNICATION SERVICES - 0.0% | ||||||||||
46,753 | m | Leap Wireless International, Inc | $ | 118 | ||||||
TOTAL TELECOMMUNICATION SERVICES | 118 | |||||||||
TOTAL RIGHTS / WARRANTS | 134 | |||||||||
(Cost $118) | ||||||||||
SHORT-TERM INVESTMENTS - 3.5% | ||||||||||
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 3.5% | ||||||||||
572,035,124 | a,c | TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust | 572,035 | |||||||
TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES | 572,035 | |||||||||
TOTAL SHORT-TERM INVESTMENTS | 572,035 | |||||||||
(Cost $572,035) | ||||||||||
TOTAL INVESTMENTS - 103.3% | 16,857,102 | |||||||||
(Cost $9,774,618) | ||||||||||
OTHER ASSETS & LIABILITIES, NET - (3.3)% | (545,200 | ) | ||||||||
NET ASSETS - 100.0% | $ | 16,311,902 |
Abbreviation(s): | |||
ETF | Exchange Traded Fund | ||
REIT | Real Estate Investment Trust | ||
SPDR | Standard & Poor’s Depository Receipts | ||
* | Non-income producing | |
a | Affiliated holding | |
c | Investments made with cash collateral received from securities on loan. | |
d | All or a portion of these securities have been segregated by the custodian to cover margin requirements on open futures transactions. | |
e | All or a portion of these securities are out on loan. The aggregate value of securities on loan is $552,971,000. | |
m | Indicates a security that has been deemed illiquid. | |
Cost amounts are in thousands. |
312 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
COLLEGE RETIREMENT EQUITIES FUND | ||||||||||||||||
BOND MARKET ACCOUNT | ||||||||||||||||
SCHEDULE OF INVESTMENTS | ||||||||||||||||
December 31, 2015 | ||||||||||||||||
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
BANK LOAN OBLIGATIONS - 0.8% | ||||||||||||||||
AUTOMOBILES & COMPONENTS - 0.1% | ||||||||||||||||
$ | 4,937,500 | i | Gates Global LLC | 4.250 | % | 07/05/21 | $ | 4,620 | ||||||||
1,692,308 | i | INA Beteiligungsgesellschaft mbH | 4.250 | 05/15/20 | 1,693 | |||||||||||
TOTAL AUTOMOBILES & COMPONENTS | 6,313 | |||||||||||||||
CAPITAL GOODS - 0.0% | ||||||||||||||||
4,237,536 | i | TransDigm, Inc | 3.750 | 02/28/20 | 4,127 | |||||||||||
TOTAL CAPITAL GOODS | 4,127 | |||||||||||||||
COMMERCIAL & PROFESSIONAL SERVICES - 0.0% | ||||||||||||||||
665,000 | i | Staples, Inc | 3.500 | 04/24/21 | 656 | |||||||||||
TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 656 | |||||||||||||||
CONSUMER DURABLES & APPAREL - 0.0% | ||||||||||||||||
1,188,000 | i | Hanesbrands, Inc | 3.250 | 04/29/22 | 1,190 | |||||||||||
TOTAL CONSUMER DURABLES & APPAREL | 1,190 | |||||||||||||||
CONSUMER SERVICES - 0.1% | ||||||||||||||||
3,775,780 | i | 1011778 BC ULC | 3.750 | 12/10/21 | 3,738 | |||||||||||
3,806,306 | i | Hilton Worldwide | 3.500 | 10/26/20 | 3,796 | |||||||||||
4,923,858 | i | MGM Resorts International | 3.500 | 12/20/19 | 4,850 | |||||||||||
TOTAL CONSUMER SERVICES | 12,384 | |||||||||||||||
DIVERSIFIED FINANCIALS - 0.0% | ||||||||||||||||
3,990,000 | DTZ US Borrower LLC | 4.250 | 11/04/21 | 3,887 | ||||||||||||
4,924,812 | i | TransUnion LLC | 3.500 | 04/09/21 | 4,775 | |||||||||||
TOTAL DIVERSIFIED FINANCIALS | 8,662 | |||||||||||||||
ENERGY - 0.0% | ||||||||||||||||
168,582 | i | Granite Acquisition, Inc | 5.000 | 12/19/21 | 150 | |||||||||||
3,793,103 | i | Granite Acquisition, Inc | 5.000 | 12/19/21 | 3,376 | |||||||||||
TOTAL ENERGY | 3,526 | |||||||||||||||
FOOD & STAPLES RETAILING - 0.0% | ||||||||||||||||
5,508,375 | i | Albertson’s Holdings LLC | 5.500 | 08/25/21 | 5,455 | |||||||||||
TOTAL FOOD & STAPLES RETAILING | 5,455 | |||||||||||||||
HEALTH CARE EQUIPMENT & SERVICES - 0.1% | ||||||||||||||||
3,568,359 | i | Capsugel Holdings US, Inc | 3.500 | 08/01/18 | 3,497 | |||||||||||
302,379 | i | CHS/Community Health Systems | 4.000 | 01/27/21 | 297 | |||||||||||
1,674,500 | i | DaVita HealthCare Partners, Inc | 3.500 | 06/24/21 | 1,665 | |||||||||||
2,945,866 | i | Kinetic Concepts, Inc | 4.000 | 11/04/16 | 2,883 | |||||||||||
TOTAL HEALTH CARE EQUIPMENT & SERVICES | 8,342 |
313 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
MATERIALS - 0.1% | ||||||||||||||||
$ | 885,060 | i | Eco Services Operations LLC | 4.750 | % | 12/04/21 | $ | 870 | ||||||||
4,678,348 | i | Minerals Technologies, Inc | 3.768 | 05/10/21 | 4,655 | |||||||||||
3,357,500 | i | Solenis International LP | 4.250 | 07/31/21 | 3,213 | |||||||||||
TOTAL MATERIALS | 8,738 | |||||||||||||||
MEDIA - 0.1% | ||||||||||||||||
4,687,500 | i | CBS Outdoor Americas Capital LLC | 3.000 | 02/01/21 | 4,624 | |||||||||||
4,514,188 | i | EMI Music | 4.000 | 08/19/22 | 4,428 | |||||||||||
1,798,259 | i | Univision Communications, Inc | 4.000 | 03/01/20 | 1,757 | |||||||||||
3,029,946 | i | Virgin Media Investment Holdings Ltd | 3.500 | 06/30/23 | 2,963 | |||||||||||
TOTAL MEDIA | 13,772 | |||||||||||||||
RETAILING - 0.0% | ||||||||||||||||
695,851 | i | Dollar Tree, Inc | 3.500 | 07/06/22 | 693 | |||||||||||
845,750 | i | PetSmart, Inc | 4.250 | 03/11/22 | 822 | |||||||||||
TOTAL RETAILING | 1,515 | |||||||||||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.1% | ||||||||||||||||
6,000,000 | i | Avago Technologies Cayman Finance Ltd | 4.250 | 11/13/22 | 5,929 | |||||||||||
5,686,445 | i | Avago Technologies Ltd | 3.750 | 05/06/21 | 5,668 | |||||||||||
TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 11,597 | |||||||||||||||
SOFTWARE & SERVICES - 0.1% | ||||||||||||||||
3,160,030 | i | Activision Blizzard, Inc | 3.250 | 10/11/20 | 3,151 | |||||||||||
4,924,812 | i | IMS Health, Inc | 3.500 | 03/17/21 | 4,802 | |||||||||||
255,395 | i | SS&C Technologies Holdings Europe SARL | 4.018 | 07/08/22 | 253 | |||||||||||
1,735,426 | i | SS&C Technologies Holdings, Inc | 4.007 | 07/08/22 | 1,720 | |||||||||||
TOTAL SOFTWARE & SERVICES | 9,926 | |||||||||||||||
TECHNOLOGY HARDWARE & EQUIPMENT - 0.1% | ||||||||||||||||
1,221,938 | i | CommScope, Inc | 3.827 | 12/29/22 | 1,212 | |||||||||||
4,727,456 | i | NXP BV | 3.250 | 01/11/20 | 4,661 | |||||||||||
400,000 | i | NXP BV | 3.750 | 12/07/20 | 398 | |||||||||||
TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 6,271 | |||||||||||||||
UTILITIES - 0.0% | ||||||||||||||||
193,500 | i | Calpine Corp | 4.000 | 10/09/19 | 188 | |||||||||||
TOTAL UTILITIES | 188 | |||||||||||||||
TOTAL BANK LOAN OBLIGATIONS | 102,662 | |||||||||||||||
(Cost $104,600) | ||||||||||||||||
BONDS - 96.6% | ||||||||||||||||
CORPORATE BONDS - 35.1% | ||||||||||||||||
AUTOMOBILES & COMPONENTS - 0.2% | ||||||||||||||||
4,050,000 | Delphi Automotive plc | 3.150 | 11/19/20 | 4,045 | ||||||||||||
1,000,000 | g | Gates Global LLC | 6.000 | 07/15/22 | 720 | |||||||||||
13,950,000 | Johnson Controls, Inc | 4.625 | 07/02/44 | 11,823 | ||||||||||||
8,675,000 | Magna International, Inc | 3.625 | 06/15/24 | 8,482 | ||||||||||||
1,500,000 | Magna International, Inc | 4.150 | 10/01/25 | 1,528 |
314 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 350,000 | g | ZF North America Capital, Inc | 4.000 | % | 04/29/20 | $ | 353 | ||||||||
175,000 | g | ZF North America Capital, Inc | 4.500 | 04/29/22 | 171 | |||||||||||
350,000 | g | ZF North America Capital, Inc | 4.750 | 04/29/25 | 333 | |||||||||||
TOTAL AUTOMOBILES & COMPONENTS | 27,455 | |||||||||||||||
BANKS - 6.7% | ||||||||||||||||
3,100,000 | g | Akbank TAS | 4.000 | 01/24/20 | 2,991 | |||||||||||
2,300,000 | g | Akbank TAS | 5.125 | 03/31/25 | 2,140 | |||||||||||
2,500,000 | Banco de Oro Unibank, Inc | 3.875 | 04/22/16 | 2,500 | ||||||||||||
5,000,000 | g | Banco Nacional de Comercio Exterior SNC | 4.375 | 10/14/25 | 4,937 | |||||||||||
4,350,000 | Bancolombia S.A. | 5.950 | 06/03/21 | 4,486 | ||||||||||||
1,500,000 | g | Bank Nederlandse Gemeenten | 1.375 | 03/19/18 | 1,498 | |||||||||||
3,000,000 | g | Bank Nederlandse Gemeenten | 1.875 | 06/11/19 | 3,015 | |||||||||||
5,000,000 | g | Bank Nederlandse Gemeenten | 2.625 | 04/28/21 | 5,104 | |||||||||||
15,175,000 | Bank of America Corp | 3.750 | 07/12/16 | 15,365 | ||||||||||||
18,550,000 | Bank of America Corp | 5.300 | 03/15/17 | 19,297 | ||||||||||||
8,525,000 | Bank of America Corp | 6.000 | 09/01/17 | 9,072 | ||||||||||||
9,000,000 | Bank of America Corp | 2.600 | 01/15/19 | 9,030 | ||||||||||||
17,000,000 | Bank of America Corp | 2.625 | 10/19/20 | 16,794 | ||||||||||||
16,500,000 | Bank of America Corp | 4.000 | 01/22/25 | 16,166 | ||||||||||||
12,050,000 | Bank of America Corp | 3.950 | 04/21/25 | 11,735 | ||||||||||||
10,200,000 | Bank of America Corp | 3.875 | 08/01/25 | 10,355 | ||||||||||||
6,075,000 | Bank of America Corp | 4.750 | 04/21/45 | 5,839 | ||||||||||||
25,000,000 | Bank of Nova Scotia | 2.125 | 09/11/19 | 24,976 | ||||||||||||
5,850,000 | g | Bank of Tokyo-Mitsubishi UFJ Ltd | 2.350 | 02/23/17 | 5,891 | |||||||||||
5,450,000 | g | Bank of Tokyo-Mitsubishi UFJ Ltd | 2.350 | 09/08/19 | 5,424 | |||||||||||
7,100,000 | g | Bank of Tokyo-Mitsubishi UFJ Ltd | 3.250 | 09/08/24 | 6,999 | |||||||||||
8,075,000 | Barclays plc | 2.750 | 11/08/19 | 8,045 | ||||||||||||
13,300,000 | Barclays plc | 3.650 | 03/16/25 | 12,782 | ||||||||||||
5,190,000 | g | BBVA Banco Continental S.A. | 3.250 | 04/08/18 | 5,190 | |||||||||||
3,200,000 | Branch Banking & Trust Co | 2.300 | 10/15/18 | 3,232 | ||||||||||||
11,850,000 | Capital One Bank USA NA | 2.950 | 07/23/21 | 11,732 | ||||||||||||
4,500,000 | Capital One Bank USA NA | 3.375 | 02/15/23 | 4,406 | ||||||||||||
8,425,000 | Citigroup, Inc | 1.300 | 11/15/16 | 8,405 | ||||||||||||
12,725,000 | Citigroup, Inc | 3.300 | 04/27/25 | 12,498 | ||||||||||||
13,175,000 | Citigroup, Inc | 4.400 | 06/10/25 | 13,313 | ||||||||||||
20,350,000 | Citigroup, Inc | 4.450 | 09/29/27 | 20,229 | ||||||||||||
10,000,000 | i | Citigroup, Inc | 5.350 | 12/30/49 | 9,475 | |||||||||||
6,875,000 | Cooperatieve Centrale Raiffeisen-Boerenleenbank BA | 3.950 | 11/09/22 | 6,960 | ||||||||||||
8,650,000 | Cooperatieve Centrale Raiffeisen-Boerenleenbank BA | 4.625 | 12/01/23 | 9,020 | ||||||||||||
10,275,000 | Cooperatieve Centrale Raiffeisen-Boerenleenbank BA | 5.250 | 08/04/45 | 10,767 | ||||||||||||
4,825,000 | g | Credit Agricole S.A. | 2.500 | 04/15/19 | 4,850 | |||||||||||
3,300,000 | g | Credit Agricole S.A. | 2.750 | 06/10/20 | 3,318 | |||||||||||
9,425,000 | Discover Bank | 3.100 | 06/04/20 | 9,451 | ||||||||||||
5,980,000 | Eksportfinans ASA | 2.375 | 05/25/16 | 5,984 | ||||||||||||
12,850,000 | Fifth Third Bancorp | 2.375 | 04/25/19 | 12,894 | ||||||||||||
8,700,000 | g | HSBC Bank plc | 1.500 | 05/15/18 | 8,605 | |||||||||||
7,350,000 | g | HSBC Bank plc | 4.125 | 08/12/20 | 7,830 | |||||||||||
7,000,000 | HSBC Holdings plc | 4.250 | 03/14/24 | 7,032 | ||||||||||||
3,925,000 | HSBC Holdings plc | 4.250 | 08/18/25 | 3,896 | ||||||||||||
5,000,000 | HSBC USA, Inc | 1.625 | 01/16/18 | 4,976 | ||||||||||||
4,300,000 | HSBC USA, Inc | 2.375 | 11/13/19 | 4,283 | ||||||||||||
12,700,000 | HSBC USA, Inc | 2.350 | 03/05/20 | 12,556 |
315 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 2,800,000 | g | Industrial & Commercial Bank of China Ltd | 4.875 | % | 09/21/25 | $ | 2,832 | ||||||||
24,175,000 | JPMorgan Chase & Co | 2.750 | 06/23/20 | 24,288 | ||||||||||||
17,000,000 | JPMorgan Chase & Co | 3.875 | 02/01/24 | 17,486 | ||||||||||||
13,950,000 | JPMorgan Chase & Co | 3.900 | 07/15/25 | 14,367 | ||||||||||||
3,750,000 | i | JPMorgan Chase & Co | 5.150 | 12/30/49 | 3,544 | |||||||||||
2,700,000 | KeyBank NA | 2.500 | 12/15/19 | 2,705 | ||||||||||||
13,125,000 | KeyBank NA | 2.250 | 03/16/20 | 12,981 | ||||||||||||
15,650,000 | KeyBank NA | 3.300 | 06/01/25 | 15,479 | ||||||||||||
4,475,000 | g | Macquarie Bank Ltd | 2.600 | 06/24/19 | 4,471 | |||||||||||
9,950,000 | Manufacturers & Traders Trust Co | 2.100 | 02/06/20 | 9,774 | ||||||||||||
1,500,000 | g,i | Oversea-Chinese Banking Corp Ltd | 4.000 | 10/15/24 | 1,526 | |||||||||||
2,325,000 | g | PKO Finance AB | 4.630 | 09/26/22 | 2,424 | |||||||||||
10,400,000 | PNC Bank NA | 2.200 | 01/28/19 | 10,435 | ||||||||||||
11,475,000 | PNC Bank NA | 2.250 | 07/02/19 | 11,529 | ||||||||||||
17,000,000 | PNC Bank NA | 2.600 | 07/21/20 | 17,000 | ||||||||||||
10,950,000 | PNC Bank NA | 2.700 | 11/01/22 | 10,650 | ||||||||||||
17,395,000 | PNC Bank NA | 2.950 | 01/30/23 | 16,876 | ||||||||||||
6,000,000 | PNC Financial Services Group, Inc | 3.900 | 04/29/24 | 6,146 | ||||||||||||
4,900,000 | g,i | Rabobank Nederland NV | 11.000 | 12/30/49 | 6,049 | |||||||||||
12,000,000 | Royal Bank of Canada | 1.200 | 09/19/17 | 11,944 | ||||||||||||
11,300,000 | Royal Bank of Canada | 2.200 | 07/27/18 | 11,393 | ||||||||||||
40,000,000 | Royal Bank of Canada | 1.875 | 02/05/20 | 39,272 | ||||||||||||
15,000,000 | g | Skandinaviska Enskilda Banken AB | 1.375 | 05/29/18 | 14,835 | |||||||||||
13,100,000 | g | Skandinaviska Enskilda Banken AB | 2.625 | 11/17/20 | 13,059 | |||||||||||
13,700,000 | g | Societe Generale S.A. | 4.750 | 11/24/25 | 13,260 | |||||||||||
13,700,000 | g | Societe Generale S.A. | 5.625 | 11/24/45 | 13,116 | |||||||||||
3,800,000 | Sumitomo Mitsui Banking Corp | 2.500 | 07/19/18 | 3,850 | ||||||||||||
6,650,000 | Sumitomo Mitsui Banking Corp | 2.450 | 01/16/20 | 6,614 | ||||||||||||
4,025,000 | Sumitomo Mitsui Banking Corp | 3.650 | 07/23/25 | 4,067 | ||||||||||||
5,700,000 | SunTrust Banks, Inc | 2.750 | 05/01/23 | 5,453 | ||||||||||||
50,000,000 | g | Toronto-Dominion Bank | 1.500 | 03/13/17 | 50,082 | |||||||||||
7,650,000 | Toronto-Dominion Bank | 1.125 | 05/02/17 | 7,625 | ||||||||||||
13,300,000 | g | Toronto-Dominion Bank | 1.950 | 04/02/20 | 13,088 | |||||||||||
13,700,000 | Toronto-Dominion Bank | 2.500 | 12/14/20 | 13,694 | ||||||||||||
1,325,000 | g | Turkiye Garanti Bankasi AS. | 4.750 | 10/17/19 | 1,316 | |||||||||||
1,700,000 | g | Turkiye Halk Bankasi AS. | 4.750 | 06/04/19 | 1,679 | |||||||||||
2,350,000 | g | Turkiye Is Bankasi | 3.750 | 10/10/18 | 2,304 | |||||||||||
2,775,000 | g | Turkiye Is Bankasi | 5.500 | 04/21/19 | 2,826 | |||||||||||
7,100,000 | Union Bank NA | 2.125 | 06/16/17 | 7,144 | ||||||||||||
5,700,000 | UnionBanCal Corp | 3.500 | 06/18/22 | 5,782 | ||||||||||||
17,650,000 | US Bank NA | 2.800 | 01/27/25 | 17,186 | ||||||||||||
10,000,000 | g | Westpac Banking Corp | 1.850 | 11/26/18 | 9,977 | |||||||||||
10,850,000 | Westpac Banking Corp | 2.250 | 01/17/19 | 10,879 | ||||||||||||
17,125,000 | Westpac Banking Corp | 2.600 | 11/23/20 | 17,118 | ||||||||||||
TOTAL BANKS | 893,468 | |||||||||||||||
CAPITAL GOODS - 0.7% | ||||||||||||||||
5,700,000 | Caterpillar Financial Services Corp | 3.250 | 12/01/24 | 5,656 | ||||||||||||
6,675,000 | g | CRH America, Inc | 3.875 | 05/18/25 | 6,633 | |||||||||||
8,000,000 | Deere & Co | 2.600 | 06/08/22 | 7,892 | ||||||||||||
2,075,000 | Eaton Corp | 4.000 | 11/02/32 | 1,977 | ||||||||||||
2,200,000 | Embraer Netherlands Finance BV | 5.050 | 06/15/25 | 2,002 | ||||||||||||
1,500,000 | g | Gold Fields Orogen Holding BVI Ltd | 4.875 | 10/07/20 | 1,117 |
316 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 1,300,000 | g | Huntington Ingalls Industries, Inc | 5.000 | % | 12/15/21 | $ | 1,324 | ||||||||
4,250,000 | Ingersoll-Rand Luxembourg Finance S.A. | 3.550 | 11/01/24 | 4,161 | ||||||||||||
6,000,000 | John Deere Capital Corp | 1.700 | 01/15/20 | 5,848 | ||||||||||||
9,375,000 | John Deere Capital Corp | 3.400 | 09/11/25 | 9,509 | ||||||||||||
8,350,000 | Lockheed Martin Corp | 2.500 | 11/23/20 | 8,321 | ||||||||||||
5,200,000 | Lockheed Martin Corp | 3.550 | 01/15/26 | 5,227 | ||||||||||||
1,332,405 | g | Odebrecht Offshore Drilling Finance Ltd | 6.625 | 10/01/22 | 293 | |||||||||||
1,785,200 | g | Odebrecht Offshore Drilling Finance Ltd | 6.750 | 10/01/22 | 411 | |||||||||||
4,925,000 | Rockwell Automation, Inc | 2.050 | 03/01/20 | 4,883 | ||||||||||||
4,995,000 | Rockwell Automation, Inc | 2.875 | 03/01/25 | 4,872 | ||||||||||||
1,250,000 | g | Schaeffler Finance BV | 4.750 | 05/15/21 | 1,256 | |||||||||||
2,075,000 | Textron, Inc | 3.875 | 03/01/25 | 2,036 | ||||||||||||
12,950,000 | Timken Co | 3.875 | 09/01/24 | 12,228 | ||||||||||||
7,000,000 | g | TSMC Global Ltd | 1.625 | 04/03/18 | 6,861 | |||||||||||
TOTAL CAPITAL GOODS | 92,507 | |||||||||||||||
COMMERCIAL & PROFESSIONAL SERVICES - 0.9% | ||||||||||||||||
2,105,000 | 21st Century Fox America, Inc | 7.625 | 11/30/28 | 2,654 | ||||||||||||
1,578,000 | 21st Century Fox America, Inc | 6.550 | 03/15/33 | 1,798 | ||||||||||||
3,575,000 | 21st Century Fox America, Inc | 6.650 | 11/15/37 | 4,154 | ||||||||||||
3,800,000 | 21st Century Fox America, Inc | 6.900 | 08/15/39 | 4,493 | ||||||||||||
1,425,000 | ADT Corp | 4.125 | 04/15/19 | 1,466 | ||||||||||||
1,425,000 | ADT Corp | 6.250 | 10/15/21 | 1,488 | ||||||||||||
1,250,000 | AECOM | 5.750 | 10/15/22 | 1,288 | ||||||||||||
4,875,000 | AECOM | 5.875 | 10/15/24 | 4,973 | ||||||||||||
7,175,000 | Air Lease Corp | 3.875 | 04/01/21 | 7,211 | ||||||||||||
11,750,000 | g | Daimler Finance North America LLC | 3.300 | 05/19/25 | 11,394 | |||||||||||
7,250,000 | Fluor Corp | 3.500 | 12/15/24 | 7,245 | ||||||||||||
10,290,000 | Republic Services, Inc | 3.800 | 05/15/18 | 10,660 | ||||||||||||
5,375,000 | Republic Services, Inc | 3.550 | 06/01/22 | 5,492 | ||||||||||||
6,625,000 | Republic Services, Inc | 3.200 | 03/15/25 | 6,379 | ||||||||||||
2,000,000 | United Rentals North America, Inc | 4.625 | 07/15/23 | 1,995 | ||||||||||||
13,700,000 | Visa, Inc | 2.200 | 12/14/20 | 13,690 | ||||||||||||
9,250,000 | Visa, Inc | 3.150 | 12/14/25 | 9,270 | ||||||||||||
7,150,000 | Waste Management, Inc | 2.600 | 09/01/16 | 7,199 | ||||||||||||
15,050,000 | Waste Management, Inc | 2.900 | 09/15/22 | 14,777 | ||||||||||||
2,000,000 | Waste Management, Inc | 3.900 | 03/01/35 | 1,870 | ||||||||||||
2,225,000 | Waste Management, Inc | 4.100 | 03/01/45 | 2,068 | ||||||||||||
TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 121,564 | |||||||||||||||
CONSUMER DURABLES & APPAREL - 0.2% | ||||||||||||||||
9,600,000 | DR Horton, Inc | 3.750 | 03/01/19 | 9,600 | ||||||||||||
3,000,000 | Lennar Corp | 4.500 | 11/15/19 | 3,051 | ||||||||||||
2,875,000 | Newell Rubbermaid, Inc | 3.900 | 11/01/25 | 2,595 | ||||||||||||
6,900,000 | PVH Corp | 4.500 | 12/15/22 | 6,745 | ||||||||||||
2,625,000 | Whirlpool Corp | 3.700 | 03/01/23 | 2,642 | ||||||||||||
TOTAL CONSUMER DURABLES & APPAREL | 24,633 | |||||||||||||||
CONSUMER SERVICES - 1.0% | ||||||||||||||||
4,000,000 | g | 1011778 BC / New Red Fin | 6.000 | 04/01/22 | 4,120 | |||||||||||
16,000,000 | Amherst College | 4.100 | 11/01/45 | 16,024 | ||||||||||||
2,475,000 | GLP Capital LP | 4.375 | 11/01/18 | 2,450 | ||||||||||||
5,000,000 | Johns Hopkins University | 4.083 | 07/01/53 | 4,904 |
317 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 8,000,000 | President and Fellows of Harvard College | 3.529 | % | 10/01/31 | $ | 7,773 | |||||||||
14,250,000 | President and Fellows of Harvard College | 3.619 | 10/01/37 | 13,870 | ||||||||||||
11,650,000 | g | SABMiller Holdings, Inc | 3.750 | 01/15/22 | 11,983 | |||||||||||
6,475,000 | Service Corp International | 5.375 | 05/15/24 | 6,669 | ||||||||||||
800,000 | g | Six Flags Entertainment Corp | 5.250 | 01/15/21 | 810 | |||||||||||
40,000,000 | Stanford University | 4.013 | 05/01/42 | 40,071 | ||||||||||||
21,000,000 | University of Chicago | 4.151 | 10/01/45 | 20,883 | ||||||||||||
TOTAL CONSUMER SERVICES | 129,557 | |||||||||||||||
DIVERSIFIED FINANCIALS - 5.0% | ||||||||||||||||
3,875,000 | Abbey National Treasury Services plc | 4.000 | 04/27/16 | 3,911 | ||||||||||||
2,000,000 | American Express Centurion Bank | 6.000 | 09/13/17 | 2,142 | ||||||||||||
5,550,000 | American Express Credit Corp | 2.250 | 08/15/19 | 5,551 | ||||||||||||
9,750,000 | American Express Credit Corp | 2.375 | 05/26/20 | 9,679 | ||||||||||||
2,150,000 | g,i | Armor Re Ltd | 4.243 | 12/15/16 | 2,146 | |||||||||||
6,250,000 | i | Bank of New York Mellon Corp (Step Bond) | 1.969 | 06/20/17 | 6,284 | |||||||||||
4,125,000 | Bank of New York Mellon Corp | 5.450 | 05/15/19 | 4,553 | ||||||||||||
11,550,000 | g | Bayer US Finance LLC | 2.375 | 10/08/19 | 11,560 | |||||||||||
8,100,000 | g | Bayer US Finance LLC | 3.375 | 10/08/24 | 8,161 | |||||||||||
6,650,000 | g | BBVA Bancomer S.A. | 6.750 | 09/30/22 | 7,315 | |||||||||||
2,100,000 | g,i | BBVA Bancomer S.A. | 5.350 | 11/12/29 | 2,058 | |||||||||||
10,680,000 | g | Caisse Centrale Desjardins du Quebec | 2.550 | 03/24/16 | 10,721 | |||||||||||
24,600,000 | g | Caisse Centrale Desjardins du Quebec | 1.600 | 03/06/17 | 24,684 | |||||||||||
2,800,000 | g | Comcel Trust | 6.875 | 02/06/24 | 2,156 | |||||||||||
3,700,000 | Countrywide Financial Corp | 6.250 | 05/15/16 | 3,762 | ||||||||||||
7,175,000 | Credit Suisse | 2.300 | 05/28/19 | 7,183 | ||||||||||||
5,675,000 | Credit Suisse | 3.000 | 10/29/21 | 5,655 | ||||||||||||
7,225,000 | g | Credit Suisse Group Funding Guernsey Ltd | 3.800 | 09/15/22 | 7,222 | |||||||||||
10,250,000 | g | Credit Suisse Group Funding Guernsey Ltd | 3.750 | 03/26/25 | 9,903 | |||||||||||
6,500,000 | g | Credit Suisse Group Funding Guernsey Ltd | 4.875 | 05/15/45 | 6,410 | |||||||||||
2,000,000 | g | Export-Import Bank of China | 2.850 | 09/16/20 | 1,991 | |||||||||||
10,000,000 | g | FMR LLC | 4.950 | 02/01/33 | 10,432 | |||||||||||
11,425,000 | g | FMR LLC | 5.150 | 02/01/43 | 12,090 | |||||||||||
6,660,000 | Ford Motor Credit Co LLC | 4.250 | 02/03/17 | 6,805 | ||||||||||||
3,340,000 | Ford Motor Credit Co LLC | 6.625 | 08/15/17 | 3,560 | ||||||||||||
6,600,000 | Ford Motor Credit Co LLC | 2.375 | 03/12/19 | 6,508 | ||||||||||||
13,600,000 | Ford Motor Credit Co LLC | 3.157 | 08/04/20 | 13,559 | ||||||||||||
16,975,000 | Ford Motor Credit Co LLC | 3.200 | 01/15/21 | 16,861 | ||||||||||||
35,825,000 | Ford Motor Credit Co LLC | 4.134 | 08/04/25 | 35,716 | ||||||||||||
20,383,000 | g | GE Capital International Funding Co | 2.342 | 11/15/20 | 20,234 | |||||||||||
17,389,000 | g | GE Capital International Funding Co | 3.373 | 11/15/25 | 17,707 | |||||||||||
4,978,000 | g | GE Capital International Funding Co | 4.418 | 11/15/35 | 5,082 | |||||||||||
6,680,000 | General Electric Capital Corp | 3.100 | 01/09/23 | 6,780 | ||||||||||||
1,432,000 | General Electric Capital Corp | 5.875 | 01/14/38 | 1,753 | ||||||||||||
108,000 | General Electric Capital Corp | 6.875 | 01/10/39 | 147 | ||||||||||||
4,911,000 | General Motors Financial Co, Inc | 3.500 | 07/10/19 | 4,928 | ||||||||||||
3,158,000 | General Motors Financial Co, Inc | 3.200 | 07/13/20 | 3,109 | ||||||||||||
3,900,000 | General Motors Financial Co, Inc | 4.375 | 09/25/21 | 3,957 | ||||||||||||
5,000,000 | General Motors Financial Co, Inc | 3.450 | 04/10/22 | 4,799 | ||||||||||||
11,075,000 | Goldman Sachs Group, Inc | 2.375 | 01/22/18 | 11,171 | ||||||||||||
8,525,000 | Goldman Sachs Group, Inc | 2.750 | 09/15/20 | 8,521 | ||||||||||||
7,800,000 | Goldman Sachs Group, Inc | 3.625 | 01/22/23 | 7,892 | ||||||||||||
13,575,000 | Goldman Sachs Group, Inc | 3.500 | 01/23/25 | 13,352 |
318 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 6,425,000 | Goldman Sachs Group, Inc | 4.250 | % | 10/21/25 | $ | 6,380 | |||||||||
7,675,000 | Goldman Sachs Group, Inc | 4.800 | 07/08/44 | 7,624 | ||||||||||||
10,550,000 | Goldman Sachs Group, Inc | 5.150 | 05/22/45 | 10,241 | ||||||||||||
4,375,000 | Goldman Sachs Group, Inc | 4.750 | 10/21/45 | 4,345 | ||||||||||||
5,425,000 | g | Hyundai Capital America | 2.600 | 03/19/20 | 5,331 | |||||||||||
2,750,000 | g | Hyundai Capital Services, Inc | 3.500 | 09/13/17 | 2,801 | |||||||||||
1,425,000 | Icahn Enterprises LP | 4.875 | 03/15/19 | 1,412 | ||||||||||||
1,725,000 | Icahn Enterprises LP | 5.875 | 02/01/22 | 1,686 | ||||||||||||
4,800,000 | g | ICICI Bank Ltd | 3.500 | 03/18/20 | 4,837 | |||||||||||
9,250,000 | International Lease Finance Corp | 5.750 | 05/15/16 | 9,377 | ||||||||||||
8,400,000 | International Lease Finance Corp | 3.875 | 04/15/18 | 8,463 | ||||||||||||
3,200,000 | International Lease Finance Corp | 5.875 | 04/01/19 | 3,392 | ||||||||||||
5,000,000 | International Lease Finance Corp | 5.875 | 08/15/22 | 5,325 | ||||||||||||
1,625,000 | Legg Mason, Inc | 2.700 | 07/15/19 | 1,621 | ||||||||||||
2,400,000 | Legg Mason, Inc | 3.950 | 07/15/24 | 2,362 | ||||||||||||
4,000,000 | g | Lukoil International Finance BV | 3.416 | 04/24/18 | 3,895 | |||||||||||
1,550,000 | g | LUKOIL International Finance BV | 4.563 | 04/24/23 | 1,389 | |||||||||||
21,500,000 | Morgan Stanley | 1.875 | 01/05/18 | 21,478 | ||||||||||||
8,825,000 | Morgan Stanley | 2.650 | 01/27/20 | 8,804 | ||||||||||||
19,950,000 | Morgan Stanley | 2.800 | 06/16/20 | 20,021 | ||||||||||||
9,475,000 | Morgan Stanley | 3.750 | 02/25/23 | 9,711 | ||||||||||||
24,800,000 | Morgan Stanley | 3.700 | 10/23/24 | 24,922 | ||||||||||||
9,300,000 | Morgan Stanley | 4.000 | 07/23/25 | 9,585 | ||||||||||||
8,000,000 | Morgan Stanley | 4.350 | 09/08/26 | 8,031 | ||||||||||||
7,000,000 | Morgan Stanley | 3.950 | 04/23/27 | 6,797 | ||||||||||||
7,750,000 | Morgan Stanley | 6.375 | 07/24/42 | 9,577 | ||||||||||||
3,300,000 | g | Nacional Financiera SNC | 3.375 | 11/05/20 | 3,268 | |||||||||||
3,800,000 | National Rural Utilities Cooperative Finance Corp | 10.375 | 11/01/18 | 4,637 | ||||||||||||
6,500,000 | g | Nederlandse Waterschapsbank NV | 1.875 | 03/13/19 | 6,527 | |||||||||||
5,000,000 | g | Nederlandse Waterschapsbank NV | 1.875 | 04/14/22 | 4,859 | |||||||||||
4,000,000 | g | Reliance Holdings USA | 4.500 | 10/19/20 | 4,237 | |||||||||||
45,073,055 | Tagua Leasing LLC | 1.900 | 07/12/24 | 44,296 | ||||||||||||
6,800,000 | g | UBS Group Funding Jersey Ltd | 2.950 | 09/24/20 | 6,737 | |||||||||||
3,375,000 | Unilever Capital Corp | 3.100 | 07/30/25 | 3,423 | ||||||||||||
9,025,000 | Wells Fargo & Co | 2.550 | 12/07/20 | 8,980 | ||||||||||||
6,650,000 | Wells Fargo & Co | 3.900 | 05/01/45 | 6,131 | ||||||||||||
TOTAL DIVERSIFIED FINANCIALS | 650,512 | |||||||||||||||
ENERGY - 2.5% | ||||||||||||||||
7,950,000 | Anadarko Petroleum Corp | 5.950 | 09/15/16 | 8,169 | ||||||||||||
2,445,000 | Anadarko Petroleum Corp | 6.950 | 06/15/19 | 2,671 | ||||||||||||
2,850,000 | Apache Corp | 4.750 | 04/15/43 | 2,448 | ||||||||||||
1,900,000 | Apache Corp | 4.250 | 01/15/44 | 1,521 | ||||||||||||
6,650,000 | Ashland, Inc | 4.750 | 08/15/22 | 6,467 | ||||||||||||
16,500,000 | BP Capital Markets plc | 1.375 | 05/10/18 | 16,265 | ||||||||||||
13,300,000 | BP Capital Markets plc | 2.315 | 02/13/20 | 13,109 | ||||||||||||
690,000 | California Resources Corp | 5.000 | 01/15/20 | 246 | ||||||||||||
3,129,000 | g | California Resources Corp | 8.000 | 12/15/22 | 1,647 | |||||||||||
478,000 | California Resources Corp | 6.000 | 11/15/24 | 146 | ||||||||||||
16,975,000 | Chevron Corp | 2.419 | 11/17/20 | 16,891 | ||||||||||||
8,395,000 | Cimarex Energy Co | 4.375 | 06/01/24 | 7,451 | ||||||||||||
5,475,000 | Concho Resources, Inc | 5.500 | 04/01/23 | 5,064 | ||||||||||||
4,190,000 | Continental Resources, Inc | 5.000 | 09/15/22 | 3,090 |
319 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 3,500,000 | Devon Energy Corp | 5.850 | % | 12/15/25 | $ | 3,404 | |||||||||
1,750,000 | Dynegy, Inc | 6.750 | 11/01/19 | 1,645 | ||||||||||||
1,600,000 | Ecopetrol S.A. | 4.125 | 01/16/25 | 1,280 | ||||||||||||
5,000,000 | Ecopetrol S.A. | 5.375 | 06/26/26 | 4,262 | ||||||||||||
3,250,000 | Enbridge Energy Partners LP | 5.200 | 03/15/20 | 3,293 | ||||||||||||
3,375,000 | Enbridge Energy Partners LP | 4.375 | 10/15/20 | 3,294 | ||||||||||||
6,800,000 | Enbridge Energy Partners LP | 5.875 | 10/15/25 | 6,554 | ||||||||||||
3,375,000 | EnCana Corp | 6.500 | 02/01/38 | 2,698 | ||||||||||||
8,300,000 | Energy Transfer Equity LP | 5.500 | 06/01/27 | 6,308 | ||||||||||||
10,450,000 | Enterprise Products Operating LLC | 3.750 | 02/15/25 | 9,564 | ||||||||||||
7,500,000 | Enterprise Products Operating LLC | 5.100 | 02/15/45 | 6,277 | ||||||||||||
2,250,000 | Exterran Partners LP | 6.000 | 10/01/22 | 1,834 | ||||||||||||
2,739,000 | Husky Energy, Inc | 3.950 | 04/15/22 | 2,539 | ||||||||||||
1,900,000 | g | Indo Energy Finance II BV | 6.375 | 01/24/23 | 781 | |||||||||||
1,000,000 | g | KMG Finance Sub BV | 6.375 | 04/09/21 | 1,029 | |||||||||||
5,530,000 | Marathon Petroleum Corp | 3.500 | 03/01/16 | 5,546 | ||||||||||||
7,825,000 | Noble Energy, Inc | 5.875 | 06/01/22 | 7,444 | ||||||||||||
1,850,000 | Noble Energy, Inc | 5.250 | 11/15/43 | 1,493 | ||||||||||||
3,050,000 | Noble Holding International Ltd | 4.000 | 03/16/18 | 2,762 | ||||||||||||
6,000,000 | Noble Holding International Ltd | 3.950 | 03/15/22 | 3,968 | ||||||||||||
10,850,000 | ONE Gas, Inc | 2.070 | 02/01/19 | 10,790 | ||||||||||||
3,500,000 | ONE Gas, Inc | 3.610 | 02/01/24 | 3,564 | ||||||||||||
800,000 | Pemex Project Funding Master Trust | 5.750 | 03/01/18 | 833 | ||||||||||||
3,900,000 | Pemex Project Funding Master Trust | 6.625 | 06/15/35 | 3,486 | ||||||||||||
2,000,000 | g | Pertamina Persero PT | 4.875 | 05/03/22 | 1,918 | |||||||||||
1,300,000 | g | Pertamina Persero PT | 4.300 | 05/20/23 | 1,182 | |||||||||||
1,850,000 | i | Petrobras Global Finance BV | 1.990 | 05/20/16 | �� | 1,804 | ||||||||||
1,700,000 | Petrobras Global Finance BV | 3.250 | 03/17/17 | 1,572 | ||||||||||||
2,000,000 | i | Petrobras Global Finance BV | 2.461 | 01/15/19 | 1,520 | |||||||||||
8,950,000 | Petrobras Global Finance BV | 3.000 | 01/15/19 | 6,802 | ||||||||||||
16,600,000 | Petrobras Global Finance BV | 4.875 | 03/17/20 | 12,450 | ||||||||||||
3,000,000 | Petrobras International Finance Co | 3.500 | 02/06/17 | 2,805 | ||||||||||||
2,900,000 | Petroleos Mexicanos | 8.000 | 05/03/19 | 3,193 | ||||||||||||
1,500,000 | Petroleos Mexicanos | 4.875 | 01/24/22 | 1,444 | ||||||||||||
14,000,000 | Petroleos Mexicanos | 1.950 | 12/20/22 | 13,898 | ||||||||||||
7,490,000 | Petroleos Mexicanos | 2.000 | 12/20/22 | 7,449 | ||||||||||||
5,000,000 | Petroleos Mexicanos | 3.500 | 01/30/23 | 4,362 | ||||||||||||
2,180,000 | Petroleos Mexicanos | 5.500 | 06/27/44 | 1,640 | ||||||||||||
1,400,000 | g | Petroleos Mexicanos | 5.625 | 01/23/46 | 1,071 | |||||||||||
1,895,833 | Petroleum Co of Trinidad & Tobago Ltd | 6.000 | 05/08/22 | 1,754 | ||||||||||||
614,000 | Pioneer Natural Resources Co | 7.500 | 01/15/20 | 652 | ||||||||||||
8,675,000 | Pioneer Natural Resources Co | 3.450 | 01/15/21 | 8,013 | ||||||||||||
6,850,000 | Pioneer Natural Resources Co | 4.450 | 01/15/26 | 6,169 | ||||||||||||
10,575,000 | Plains All American Pipeline LP | 3.600 | 11/01/24 | 8,488 | ||||||||||||
2,674,000 | Precision Drilling Trust | 6.625 | 11/15/20 | 2,086 | ||||||||||||
1,250,000 | Questar Market Resources, Inc | 6.875 | 03/01/21 | 1,025 | ||||||||||||
3,335,000 | Range Resources Corp | 5.000 | 08/15/22 | 2,493 | ||||||||||||
1,425,000 | Regency Energy Partners LP | 5.875 | 03/01/22 | 1,343 | ||||||||||||
2,300,000 | Sabine Pass LNG LP | 6.500 | 11/01/20 | 2,231 | ||||||||||||
6,000,000 | Shell International Finance BV | 2.375 | 08/21/22 | 5,748 | ||||||||||||
4,900,000 | Southwestern Energy Co | 4.050 | 01/23/20 | 3,552 | ||||||||||||
2,075,000 | Statoil ASA | 1.200 | 01/17/18 | 2,055 | ||||||||||||
5,300,000 | Statoil ASA | 2.450 | 01/17/23 | 5,026 |
320 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 8,875,000 | Statoil ASA | 4.250 | % | 11/23/41 | $ | 8,366 | |||||||||
3,500,000 | Talisman Energy, Inc | 3.750 | 02/01/21 | 3,175 | ||||||||||||
2,000,000 | g | Targa Resources Partners LP | 5.000 | 01/15/18 | 1,850 | |||||||||||
2,000,000 | Tesoro Corp | 5.125 | 04/01/24 | 1,990 | ||||||||||||
1,000,000 | Total Capital International S.A. | 1.000 | 01/10/17 | 997 | ||||||||||||
3,400,000 | TransCanada PipeLines Ltd | 5.850 | 03/15/36 | 3,496 | ||||||||||||
2,750,000 | i | TransCanada PipeLines Ltd | 6.350 | 05/15/67 | 2,076 | |||||||||||
800,000 | g | Ultra Petroleum Corp | 5.750 | 12/15/18 | 192 | |||||||||||
2,750,000 | g | Ultra Petroleum Corp | 6.125 | 10/01/24 | 626 | |||||||||||
1,000,000 | Vale Overseas Ltd | 4.375 | 01/11/22 | 757 | ||||||||||||
2,760,000 | Vale Overseas Ltd | 6.875 | 11/21/36 | 1,929 | ||||||||||||
2,490,000 | Whiting Petroleum Corp | 5.750 | 03/15/21 | 1,815 | ||||||||||||
1,050,000 | WPX Energy, Inc | 7.500 | 08/01/20 | 851 | ||||||||||||
850,000 | WPX Energy, Inc | 8.250 | 08/01/23 | 680 | ||||||||||||
2,400,000 | WPX Energy, Inc | 5.250 | 09/15/24 | 1,584 | ||||||||||||
TOTAL ENERGY | 323,962 | |||||||||||||||
FOOD & STAPLES RETAILING - 0.5% | ||||||||||||||||
19,700,000 | CVS Health Corp | 2.800 | 07/20/20 | 19,797 | ||||||||||||
4,600,000 | CVS Health Corp | 3.375 | 08/12/24 | 4,554 | ||||||||||||
17,300,000 | CVS Health Corp | 3.875 | 07/20/25 | 17,659 | ||||||||||||
4,900,000 | Ingles Markets, Inc | 5.750 | 06/15/23 | 4,888 | ||||||||||||
10,750,000 | Walgreens Boots Alliance, Inc | 2.700 | 11/18/19 | 10,734 | ||||||||||||
11,775,000 | Walgreens Boots Alliance, Inc | 3.800 | 11/18/24 | 11,433 | ||||||||||||
TOTAL FOOD & STAPLES RETAILING | 69,065 | |||||||||||||||
FOOD, BEVERAGE & TOBACCO - 0.9% | ||||||||||||||||
4,916,000 | g | Anadolu Efes Biracilik Ve Malt Sanayii AS. | 3.375 | 11/01/22 | 4,123 | |||||||||||
14,775,000 | Anheuser-Busch InBev Worldwide, Inc | 2.500 | 07/15/22 | 14,222 | ||||||||||||
3,620,000 | ConAgra Foods, Inc | 3.200 | 01/25/23 | 3,483 | ||||||||||||
3,000,000 | g | Corp Lindley S.A. | 4.625 | 04/12/23 | 2,955 | |||||||||||
9,400,000 | Diageo Capital plc | 2.625 | 04/29/23 | 9,088 | ||||||||||||
2,435,000 | g | Embotelladora Andina S.A. | 5.000 | 10/01/23 | 2,509 | |||||||||||
5,600,000 | Fomento Economico Mexicano SAB de C.V. | 2.875 | 05/10/23 | 5,228 | ||||||||||||
6,050,000 | General Mills, Inc | 2.200 | 10/21/19 | 6,052 | ||||||||||||
3,525,000 | g | Grupo Bimbo SAB de C.V. | 4.500 | 01/25/22 | 3,612 | |||||||||||
4,115,000 | Mead Johnson Nutrition Co | 4.900 | 11/01/19 | 4,426 | ||||||||||||
3,650,000 | Mead Johnson Nutrition Co | 3.000 | 11/15/20 | 3,651 | ||||||||||||
3,075,000 | Mondelez International, Inc | 4.125 | 02/09/16 | 3,083 | ||||||||||||
6,200,000 | Mondelez International, Inc | 4.000 | 02/01/24 | 6,395 | ||||||||||||
680,000 | PepsiCo, Inc | 7.900 | 11/01/18 | 797 | ||||||||||||
15,850,000 | PepsiCo, Inc | 2.750 | 04/30/25 | 15,385 | ||||||||||||
11,175,000 | PepsiCo, Inc | 4.450 | 04/14/46 | 11,535 | ||||||||||||
2,000,000 | g | Pernod-Ricard S.A. | 2.950 | 01/15/17 | 2,025 | |||||||||||
6,850,000 | g | Pernod-Ricard S.A. | 4.250 | 07/15/22 | 7,036 | |||||||||||
8,125,000 | Philip Morris International, Inc | 3.375 | 08/11/25 | 8,224 | ||||||||||||
1,600,000 | Philip Morris International, Inc | 6.375 | 05/16/38 | 2,018 | ||||||||||||
3,650,000 | Tyson Foods, Inc | 3.950 | 08/15/24 | 3,748 | ||||||||||||
2,150,000 | Tyson Foods, Inc | 4.875 | 08/15/34 | 2,193 | ||||||||||||
TOTAL FOOD, BEVERAGE & TOBACCO | 121,788 | |||||||||||||||
HEALTH CARE EQUIPMENT & SERVICES - 1.1% | ||||||||||||||||
3,900,000 | Becton Dickinson & Co | 1.750 | 11/08/16 | 3,920 |
321 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 2,425,000 | Becton Dickinson & Co | 3.734 | % | 12/15/24 | $ | 2,447 | |||||||||
5,775,000 | Becton Dickinson & Co | 4.685 | 12/15/44 | 5,826 | ||||||||||||
1,000,000 | CHS/Community Health Systems | 5.125 | 08/01/21 | 995 | ||||||||||||
3,800,000 | Covidien International Finance S.A. | 3.200 | 06/15/22 | 3,810 | ||||||||||||
6,850,000 | Express Scripts Holding Co | 3.900 | 02/15/22 | 7,039 | ||||||||||||
4,000,000 | g | Fresenius Medical Care Capital Trust | 5.625 | 07/31/19 | 4,310 | |||||||||||
4,500,000 | g | Fresenius Medical Care Capital Trust | 5.750 | 02/15/21 | 4,815 | |||||||||||
4,560,000 | HCA, Inc | 6.500 | 02/15/20 | 4,968 | ||||||||||||
4,575,000 | HCA, Inc | 5.875 | 03/15/22 | 4,827 | ||||||||||||
13,825,000 | Keysight Technologies, Inc | 4.550 | 10/30/24 | 13,292 | ||||||||||||
2,775,000 | Laboratory Corp of America Holdings | 2.625 | 02/01/20 | 2,741 | ||||||||||||
4,650,000 | Laboratory Corp of America Holdings | 3.600 | 02/01/25 | 4,487 | ||||||||||||
10,450,000 | McKesson Corp | 4.883 | 03/15/44 | 10,450 | ||||||||||||
8,450,000 | Medtronic, Inc | 3.500 | 03/15/25 | 8,550 | ||||||||||||
9,625,000 | Medtronic, Inc | 4.625 | 03/15/45 | 9,924 | ||||||||||||
7,100,000 | Owens & Minor, Inc | 3.875 | 09/15/21 | 7,072 | ||||||||||||
8,325,000 | Quest Diagnostics, Inc | 3.500 | 03/30/25 | 8,044 | ||||||||||||
2,000,000 | Tenet Healthcare Corp | 4.375 | 10/01/21 | 1,930 | ||||||||||||
6,125,000 | Thermo Fisher Scientific, Inc | 2.250 | 08/15/16 | 6,159 | ||||||||||||
2,700,000 | Thermo Fisher Scientific, Inc | 2.400 | 02/01/19 | 2,700 | ||||||||||||
3,100,000 | Thermo Fisher Scientific, Inc | 3.300 | 02/15/22 | 3,094 | ||||||||||||
4,325,000 | Thermo Fisher Scientific, Inc | 3.150 | 01/15/23 | 4,212 | ||||||||||||
10,100,000 | Zimmer Holdings, Inc | 2.700 | 04/01/20 | 9,977 | ||||||||||||
10,975,000 | Zimmer Holdings, Inc | 3.550 | 04/01/25 | 10,670 | ||||||||||||
TOTAL HEALTH CARE EQUIPMENT & SERVICES | 146,259 | |||||||||||||||
HOUSEHOLD & PERSONAL PRODUCTS - 0.2% | ||||||||||||||||
7,175,000 | Clorox Co | 3.800 | 11/15/21 | 7,478 | ||||||||||||
4,900,000 | Clorox Co | 3.500 | 12/15/24 | 4,893 | ||||||||||||
10,200,000 | Colgate-Palmolive Co | 4.000 | 08/15/45 | 10,223 | ||||||||||||
4,525,000 | Ecolab, Inc | 1.450 | 12/08/17 | 4,482 | ||||||||||||
TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 27,076 | |||||||||||||||
INSURANCE - 1.8% | ||||||||||||||||
1,925,000 | Aetna, Inc | 6.625 | 06/15/36 | 2,307 | ||||||||||||
6,200,000 | Allstate Corp | 3.150 | 06/15/23 | 6,199 | ||||||||||||
6,200,000 | Allstate Corp | 4.500 | 06/15/43 | 6,299 | ||||||||||||
7,825,000 | American International Group, Inc | 2.300 | 07/16/19 | 7,760 | ||||||||||||
19,230,000 | Children’s Hospital Medic | 4.268 | 05/15/44 | 18,808 | ||||||||||||
3,750,000 | Chubb Corp | 6.000 | 05/11/37 | 4,597 | ||||||||||||
1,390,000 | Cigna Corp | 5.125 | 06/15/20 | 1,517 | ||||||||||||
6,900,000 | Cigna Corp | 4.500 | 03/15/21 | 7,324 | ||||||||||||
4,900,000 | Cigna Corp | 3.250 | 04/15/25 | 4,812 | ||||||||||||
21,975,000 | g | Five Corners Funding Trust | 4.419 | 11/15/23 | 22,944 | |||||||||||
2,800,000 | Lincoln National Corp | 7.000 | 06/15/40 | 3,512 | ||||||||||||
2,200,000 | g,i | Merna Reinsurance IV Ltd | 2.663 | 04/08/16 | 2,199 | |||||||||||
7,675,000 | MetLife, Inc | 6.750 | 06/01/16 | 7,851 | ||||||||||||
2,000,000 | MetLife, Inc | 4.368 | 09/15/23 | 2,148 | ||||||||||||
10,000,000 | MetLife, Inc | 3.000 | 03/01/25 | 9,617 | ||||||||||||
9,500,000 | MetLife, Inc | 4.721 | 12/15/44 | 9,702 | ||||||||||||
6,050,000 | MetLife, Inc | 4.050 | 03/01/45 | 5,605 | ||||||||||||
6,600,000 | i | MetLife, Inc | 5.250 | 12/30/49 | 6,716 | |||||||||||
2,825,000 | Principal Financial Group, Inc | 1.850 | 11/15/17 | 2,827 |
322 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 5,000,000 | Progressive Corp | 3.750 | % | 08/23/21 | $ | 5,287 | |||||||||
8,050,000 | Prudential Financial, Inc | 7.375 | 06/15/19 | 9,342 | ||||||||||||
8,000,000 | Prudential Financial, Inc | 5.400 | 06/13/35 | 8,703 | ||||||||||||
7,775,000 | Prudential Financial, Inc | 5.100 | 08/15/43 | 8,100 | ||||||||||||
4,025,000 | i | Prudential Financial, Inc | 5.200 | 03/15/44 | 3,886 | |||||||||||
13,150,000 | i | Prudential Financial, Inc | 5.375 | 05/15/45 | 13,134 | |||||||||||
3,000,000 | g | Prudential Funding LLC | 6.750 | 09/15/23 | 3,541 | |||||||||||
2,425,000 | g | Swiss Re Treasury US Corp | 2.875 | 12/06/22 | 2,343 | |||||||||||
6,100,000 | g | Swiss Re Treasury US Corp | 4.250 | 12/06/42 | 5,757 | |||||||||||
4,250,000 | Travelers Cos, Inc | 5.800 | 05/15/18 | 4,642 | ||||||||||||
6,650,000 | UnitedHealth Group, Inc | 3.750 | 07/15/25 | 6,862 | ||||||||||||
13,600,000 | UnitedHealth Group, Inc | 4.750 | 07/15/45 | 14,312 | ||||||||||||
6,750,000 | WellPoint, Inc | 3.125 | 05/15/22 | 6,627 | ||||||||||||
7,850,000 | WellPoint, Inc | 4.625 | 05/15/42 | 7,413 | ||||||||||||
7,000,000 | Willis Group Holdings plc | 4.125 | 03/15/16 | 7,038 | ||||||||||||
2,400,000 | WR Berkley Corp | 5.375 | 09/15/20 | 2,638 | ||||||||||||
TOTAL INSURANCE | 242,369 | |||||||||||||||
MATERIALS - 1.3% | ||||||||||||||||
6,630,000 | Air Products & Chemicals, Inc | 4.375 | 08/21/19 | 7,084 | ||||||||||||
675,000 | Alcoa, Inc | 5.125 | 10/01/24 | 614 | ||||||||||||
3,975,000 | g | Anglo American Capital plc | 3.625 | 05/14/20 | 2,822 | |||||||||||
1,365,000 | Ball Corp | 5.000 | 03/15/22 | 1,392 | ||||||||||||
3,034,000 | Barrick Gold Corp | 4.100 | 05/01/23 | 2,603 | ||||||||||||
3,417,000 | BHP Billiton Finance USA Ltd | 5.000 | 09/30/43 | 3,096 | ||||||||||||
2,500,000 | g | Blue Cube Spinco, Inc | 9.750 | 10/15/23 | 2,697 | |||||||||||
1,425,000 | g | Blue Cube Spinco, Inc | 10.000 | 10/15/25 | 1,568 | |||||||||||
1,300,000 | Celulosa Arauco y Constitucion S.A. | 4.500 | 08/01/24 | 1,288 | ||||||||||||
2,300,000 | g | Cemex Finance LLC | 6.000 | 04/01/24 | 1,972 | |||||||||||
200,000 | g | Cemex SAB de C.V. | 5.700 | 01/11/25 | 167 | |||||||||||
3,175,000 | CF Industries, Inc | 7.125 | 05/01/20 | 3,584 | ||||||||||||
3,550,000 | Corning, Inc | 1.450 | 11/15/17 | 3,520 | ||||||||||||
1,550,000 | g | Corp Nacional del Cobre de Chile | 5.625 | 10/18/43 | 1,387 | |||||||||||
800,000 | g | Corp Nacional del Cobre de Chile-CODELCO | 3.750 | 11/04/20 | 783 | |||||||||||
1,600,000 | g | Corp Nacional del Cobre de Chile-CODELCO | 3.875 | 11/03/21 | 1,538 | |||||||||||
1,475,000 | g | Corp Nacional del Cobre de Chile-CODELCO | 3.000 | 07/17/22 | 1,325 | |||||||||||
2,400,000 | g | Corp Nacional del Cobre de Chile-CODELCO | 4.500 | 09/16/25 | 2,260 | |||||||||||
1,275,000 | g | Corp Nacional del Cobre de Chile-CODELCO | 4.875 | 11/04/44 | 1,017 | |||||||||||
5,645,000 | Crown Americas LLC | 6.250 | 02/01/21 | 5,829 | ||||||||||||
1,390,000 | Crown Americas LLC | 4.500 | 01/15/23 | 1,359 | ||||||||||||
1,000,000 | Eastman Chemical Co | 5.500 | 11/15/19 | 1,089 | ||||||||||||
5,450,000 | Eastman Chemical Co | 3.800 | 03/15/25 | 5,281 | ||||||||||||
1,700,000 | Fibria Overseas Finance Ltd | 5.250 | 05/12/24 | 1,615 | ||||||||||||
8,775,000 | g | Georgia-Pacific LLC | 2.539 | 11/15/19 | 8,728 | |||||||||||
5,375,000 | g | Glencore Funding LLC | 2.125 | 04/16/18 | 4,777 | |||||||||||
28,950,000 | g | Glencore Funding LLC | 2.500 | 01/15/19 | 24,173 | |||||||||||
6,450,000 | g | Glencore Funding LLC | 4.625 | 04/29/24 | 4,671 | |||||||||||
6,650,000 | g | Glencore Funding LLC | 4.000 | 04/16/25 | 4,622 | |||||||||||
1,825,000 | g | GTL Trade Finance, Inc | 5.893 | 04/29/24 | 1,296 | |||||||||||
19,093,000 | International Paper Co | 4.750 | 02/15/22 | 20,397 | ||||||||||||
2,800,000 | g | Klabin Finance S.A. | 5.250 | 07/16/24 | 2,492 | |||||||||||
3,000,000 | LyondellBasell Industries NV | 5.000 | 04/15/19 | 3,191 | ||||||||||||
5,425,000 | LyondellBasell Industries NV | 4.625 | 02/26/55 | 4,399 |
323 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 6,840,000 | Nucor Corp | 4.000 | % | 08/01/23 | $ | 6,634 | |||||||||
3,800,000 | g | OCP S.A. | 5.625 | 04/25/24 | 3,856 | |||||||||||
2,860,000 | g | Owens-Brockway Glass Container, Inc | 5.375 | 01/15/25 | 2,796 | |||||||||||
3,150,000 | Packaging Corp of America | 3.650 | 09/15/24 | 3,063 | ||||||||||||
4,550,000 | Rio Tinto Finance USA plc | 2.250 | 12/14/18 | 4,437 | ||||||||||||
5,000,000 | Rock Tenn Co | 3.500 | 03/01/20 | 5,052 | ||||||||||||
3,000,000 | Rock Tenn Co | 4.000 | 03/01/23 | 3,011 | ||||||||||||
665,000 | g | Sealed Air Corp | 6.500 | 12/01/20 | 733 | |||||||||||
1,370,000 | g | Sealed Air Corp | 5.250 | 04/01/23 | 1,397 | |||||||||||
1,675,000 | Steel Dynamics, Inc | 5.125 | 10/01/21 | 1,549 | ||||||||||||
4,625,000 | Teck Resources Ltd | 2.500 | 02/01/18 | 3,515 | ||||||||||||
3,200,000 | Teck Resources Ltd | 3.750 | 02/01/23 | 1,480 | ||||||||||||
2,000,000 | g | Union Andina de Cementos SAA | 5.875 | 10/30/21 | 1,930 | |||||||||||
TOTAL MATERIALS | 174,089 | |||||||||||||||
MEDIA - 1.9% | ||||||||||||||||
6,750,000 | CBS Corp | 2.300 | 08/15/19 | 6,676 | ||||||||||||
3,500,000 | CBS Corp | 4.000 | 01/15/26 | 3,415 | ||||||||||||
3,450,000 | CBS Corp | 4.600 | 01/15/45 | 2,960 | ||||||||||||
11,150,000 | g | CCO Safari II LLC | 3.579 | 07/23/20 | 11,086 | |||||||||||
8,295,000 | g | CCO Safari II LLC | 4.464 | 07/23/22 | 8,266 | |||||||||||
13,900,000 | g | CCO Safari II LLC | 4.908 | 07/23/25 | 13,886 | |||||||||||
1,000,000 | Cinemark USA, Inc | 5.125 | 12/15/22 | 993 | ||||||||||||
4,275,000 | Cinemark USA, Inc | 4.875 | 06/01/23 | 4,168 | ||||||||||||
26,000,000 | Comcast Corp | 4.250 | 01/15/33 | 25,548 | ||||||||||||
6,600,000 | Comcast Corp | 4.600 | 08/15/45 | 6,682 | ||||||||||||
8,800,000 | DIRECTV Holdings LLC | 4.450 | 04/01/24 | 9,039 | ||||||||||||
2,050,000 | DISH DBS Corp | 5.000 | 03/15/23 | 1,778 | ||||||||||||
2,430,000 | g | Gannett Co, Inc | 4.875 | 09/15/21 | 2,436 | |||||||||||
2,925,000 | g | Gannett Co, Inc | 5.500 | 09/15/24 | 2,925 | |||||||||||
825,000 | Grupo Televisa S.A. | 6.000 | 05/15/18 | 883 | ||||||||||||
4,800,000 | Grupo Televisa SAB | 4.625 | 01/30/26 | 4,743 | ||||||||||||
2,675,000 | Grupo Televisa SAB | 5.000 | 05/13/45 | 2,298 | ||||||||||||
1,850,000 | Lamar Media Corp | 5.875 | 02/01/22 | 1,943 | ||||||||||||
2,000,000 | Lamar Media Corp | 5.000 | 05/01/23 | 2,025 | ||||||||||||
2,000,000 | Lamar Media Corp | 5.375 | 01/15/24 | 2,060 | ||||||||||||
7,250,000 | g | NBC Universal Enterprise, Inc | 1.662 | 04/15/18 | 7,252 | |||||||||||
7,700,000 | g | NBC Universal Enterprise, Inc | 1.974 | 04/15/19 | 7,696 | |||||||||||
10,350,000 | NBC Universal Media LLC | 2.875 | 01/15/23 | 10,279 | ||||||||||||
8,035,000 | Nielsen Finance LLC | 4.500 | 10/01/20 | 8,156 | ||||||||||||
4,650,000 | Outfront Media Capital LLC | 5.250 | 02/15/22 | 4,755 | ||||||||||||
6,600,000 | Scripps Networks Interactive, Inc | 2.800 | 06/15/20 | 6,439 | ||||||||||||
3,275,000 | g | Sky plc | 2.625 | 09/16/19 | 3,261 | |||||||||||
3,500,000 | Starz LLC | 5.000 | 09/15/19 | 3,544 | ||||||||||||
5,675,000 | Time Warner Cable, Inc | 5.875 | 11/15/40 | 5,377 | ||||||||||||
4,075,000 | Time Warner Cable, Inc | 4.500 | 09/15/42 | 3,198 | ||||||||||||
20,550,000 | Time Warner, Inc | 2.100 | 06/01/19 | 20,440 | ||||||||||||
19,575,000 | Time Warner, Inc | 3.600 | 07/15/25 | 19,064 | ||||||||||||
3,825,000 | Time Warner, Inc | 6.500 | 11/15/36 | 4,331 | ||||||||||||
7,100,000 | Time Warner, Inc | 4.650 | 06/01/44 | 6,512 | ||||||||||||
1,600,000 | g | Time, Inc | 5.750 | 04/15/22 | 1,464 | |||||||||||
7,000,000 | g | Univision Communications, Inc | 5.125 | 05/15/23 | 6,738 | |||||||||||
5,400,000 | Viacom, Inc | 2.500 | 12/15/16 | 5,411 |
324 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 3,000,000 | Viacom, Inc | 3.500 | % | 04/01/17 | $ | 3,053 | |||||||||
7,375,000 | Viacom, Inc | 5.850 | 09/01/43 | 6,618 | ||||||||||||
1,525,000 | g | Virgin Media Finance plc | 6.000 | 10/15/24 | 1,521 | |||||||||||
TOTAL MEDIA | 248,919 | |||||||||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.4% | ||||||||||||||||
16,950,000 | AbbVie, Inc | 2.500 | 05/14/20 | 16,782 | ||||||||||||
7,125,000 | Actavis Funding SCS | 3.000 | 03/12/20 | 7,119 | ||||||||||||
12,800,000 | Actavis Funding SCS | 3.800 | 03/15/25 | 12,736 | ||||||||||||
4,600,000 | Amgen, Inc | 2.200 | 05/22/19 | 4,595 | ||||||||||||
6,600,000 | Amgen, Inc | 4.400 | 05/01/45 | 6,111 | ||||||||||||
7,500,000 | Biogen, Inc | 2.900 | 09/15/20 | 7,484 | ||||||||||||
7,450,000 | Celgene Corp | 2.875 | 08/15/20 | 7,397 | ||||||||||||
11,575,000 | Celgene Corp | 3.875 | 08/15/25 | 11,538 | ||||||||||||
650,000 | g | Endo Finance LLC | 6.000 | 02/01/25 | 640 | |||||||||||
3,575,000 | Gilead Sciences, Inc | 2.350 | 02/01/20 | 3,578 | ||||||||||||
6,850,000 | Gilead Sciences, Inc | 3.500 | 02/01/25 | 6,908 | ||||||||||||
9,850,000 | Gilead Sciences, Inc | 3.650 | 03/01/26 | 9,938 | ||||||||||||
4,100,000 | g | Mylan NV | 3.750 | 12/15/20 | 4,104 | |||||||||||
3,725,000 | Mylan, Inc | 2.550 | 03/28/19 | 3,676 | ||||||||||||
20,550,000 | Novartis Capital Corp | 3.000 | 11/20/25 | 20,258 | ||||||||||||
13,700,000 | Novartis Capital Corp | 4.000 | 11/20/45 | 13,406 | ||||||||||||
2,925,000 | Perrigo Co plc | 4.000 | 11/15/23 | 2,862 | ||||||||||||
12,200,000 | Perrigo Finance plc | 3.500 | 12/15/21 | 11,865 | ||||||||||||
9,725,000 | Perrigo Finance plc | 3.900 | 12/15/24 | 9,388 | ||||||||||||
2,850,000 | Perrigo Finance plc | 4.900 | 12/15/44 | 2,572 | ||||||||||||
8,000,000 | g | Roche Holdings, Inc | 3.350 | 09/30/24 | 8,192 | |||||||||||
13,850,000 | g | Roche Holdings, Inc | 3.000 | 11/10/25 | 13,691 | |||||||||||
3,075,000 | Zoetis, Inc | 3.450 | 11/13/20 | 3,079 | ||||||||||||
2,900,000 | Zoetis, Inc | 4.500 | 11/13/25 | 2,941 | ||||||||||||
TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 190,860 | |||||||||||||||
REAL ESTATE - 1.2% | ||||||||||||||||
5,575,000 | Brandywine Operating Partnership LP | 4.100 | 10/01/24 | 5,390 | ||||||||||||
4,500,000 | Brixmor Operating Partnership LP | 3.875 | 08/15/22 | 4,480 | ||||||||||||
5,825,000 | Brixmor Operating Partnership LP | 3.850 | 02/01/25 | 5,664 | ||||||||||||
3,965,000 | Camden Property Trust | 4.625 | 06/15/21 | 4,222 | ||||||||||||
3,000,000 | Camden Property Trust | 2.950 | 12/15/22 | 2,879 | ||||||||||||
5,175,000 | DCT Industrial Operating Partnership LP | 4.500 | 10/15/23 | 5,179 | ||||||||||||
3,450,000 | DDR Corp | 3.625 | 02/01/25 | 3,257 | ||||||||||||
3,250,000 | DDR Corp | 4.250 | 02/01/26 | 3,170 | ||||||||||||
6,800,000 | Developers Diversified Realty Corp | 4.750 | 04/15/18 | 7,114 | ||||||||||||
3,460,000 | Developers Diversified Realty Corp | 7.875 | 09/01/20 | 4,141 | ||||||||||||
2,075,000 | Equinix, Inc | 4.875 | 04/01/20 | 2,157 | ||||||||||||
2,250,000 | Equinix, Inc | 5.375 | 01/01/22 | 2,306 | ||||||||||||
2,750,000 | Equity One, Inc | 3.750 | 11/15/22 | 2,656 | ||||||||||||
2,754,000 | Essex Portfolio LP | 3.375 | 01/15/23 | 2,702 | ||||||||||||
2,775,000 | Healthcare Realty Trust, Inc | 5.750 | 01/15/21 | 3,061 | ||||||||||||
1,625,000 | Healthcare Realty Trust, Inc | 3.750 | 04/15/23 | 1,591 | ||||||||||||
6,600,000 | Healthcare Realty Trust, Inc | 3.875 | 05/01/25 | 6,389 | ||||||||||||
3,700,000 | Healthcare Trust of America Holdings LP | 3.375 | 07/15/21 | 3,648 | ||||||||||||
3,550,000 | Healthcare Trust of America Holdings LP | 3.700 | 04/15/23 | 3,443 | ||||||||||||
1,600,000 | Highwoods Realty LP | 5.850 | 03/15/17 | 1,668 |
325 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 1,775,000 | Host Hotels & Resorts LP | 4.500 | % | 02/01/26 | $ | 1,752 | |||||||||
9,205,000 | Kilroy Realty LP | 3.800 | 01/15/23 | 9,125 | ||||||||||||
3,050,000 | Kilroy Realty LP | 4.375 | 10/01/25 | 3,090 | ||||||||||||
2,800,000 | Kimco Realty Corp | 3.400 | 11/01/22 | 2,775 | ||||||||||||
3,600,000 | Mid-America Apartments LP | 4.300 | 10/15/23 | 3,691 | ||||||||||||
5,525,000 | Mid-America Apartments LP | 3.750 | 06/15/24 | 5,415 | ||||||||||||
4,300,000 | Mid-America Apartments LP | 4.000 | 11/15/25 | 4,272 | ||||||||||||
3,600,000 | National Retail Properties, Inc | 3.800 | 10/15/22 | 3,612 | ||||||||||||
5,425,000 | National Retail Properties, Inc | 3.300 | 04/15/23 | 5,223 | ||||||||||||
2,575,000 | National Retail Properties, Inc | 4.000 | 11/15/25 | 2,530 | ||||||||||||
169,000 | Regency Centers LP | 5.875 | 06/15/17 | 178 | ||||||||||||
7,225,000 | Regency Centers LP | 3.900 | 11/01/25 | 7,211 | ||||||||||||
3,040,000 | Simon Property Group LP | 10.350 | 04/01/19 | 3,731 | ||||||||||||
1,300,000 | g | Trust F | 5.250 | 01/30/26 | 1,264 | |||||||||||
1,255,000 | g | Trust F/1401 | 5.250 | 12/15/24 | 1,246 | |||||||||||
4,100,000 | Ventas Realty LP | 4.125 | 01/15/26 | 4,087 | ||||||||||||
1,170,000 | Weingarten Realty Investors | 3.375 | 10/15/22 | 1,142 | ||||||||||||
4,800,000 | Weingarten Realty Investors | 3.500 | 04/15/23 | 4,667 | ||||||||||||
3,025,000 | Weingarten Realty Investors | 4.450 | 01/15/24 | 3,102 | ||||||||||||
3,950,000 | Weingarten Realty Investors | 3.850 | 06/01/25 | 3,834 | ||||||||||||
13,175,000 | Welltower, Inc | 4.000 | 06/01/25 | 12,962 | ||||||||||||
TOTAL REAL ESTATE | 160,026 | |||||||||||||||
RETAILING - 0.5% | ||||||||||||||||
600,000 | g | Asbury Automotive Group, Inc | 6.000 | 12/15/24 | 619 | |||||||||||
4,150,000 | AutoNation, Inc | 3.350 | 01/15/21 | 4,136 | ||||||||||||
4,425,000 | AutoZone, Inc | 3.250 | 04/15/25 | 4,282 | ||||||||||||
2,500,000 | g | Golden Eagle Retail Group Ltd | 4.625 | 05/21/23 | 1,884 | |||||||||||
8,725,000 | Home Depot, Inc | 3.350 | 09/15/25 | 8,921 | ||||||||||||
4,200,000 | g | L Brands, Inc | 6.875 | 11/01/35 | 4,315 | |||||||||||
3,150,000 | Limited Brands, Inc | 7.000 | 05/01/20 | 3,552 | ||||||||||||
13,700,000 | Macy’s Retail Holdings, Inc | 3.450 | 01/15/21 | 13,626 | ||||||||||||
8,315,000 | O’Reilly Automotive, Inc | 4.625 | 09/15/21 | 8,863 | ||||||||||||
4,550,000 | O’Reilly Automotive, Inc | 3.800 | 09/01/22 | 4,608 | ||||||||||||
2,475,000 | QVC, Inc | 5.125 | 07/02/22 | 2,467 | ||||||||||||
4,400,000 | QVC, Inc | 4.375 | 03/15/23 | 4,178 | ||||||||||||
5,050,000 | g | Rolls-Royce plc | 2.375 | 10/14/20 | 4,938 | |||||||||||
1,850,000 | g | Rolls-Royce plc | 3.625 | 10/14/25 | 1,813 | |||||||||||
2,725,000 | Tiffany & Co | 3.800 | 10/01/24 | 2,687 | ||||||||||||
TOTAL RETAILING | 70,889 | |||||||||||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.1% | ||||||||||||||||
11,600,000 | Intel Corp | 3.700 | 07/29/25 | 12,000 | ||||||||||||
TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 12,000 | |||||||||||||||
SOFTWARE & SERVICES - 0.7% | ||||||||||||||||
3,000,000 | Baidu, Inc | 3.000 | 06/30/20 | 2,967 | ||||||||||||
20,350,000 | Fidelity National Information Services, Inc | 3.625 | 10/15/20 | 20,624 | ||||||||||||
11,500,000 | Fidelity National Information Services, Inc | 5.000 | 03/15/22 | 11,953 | ||||||||||||
13,850,000 | Microsoft Corp | 3.125 | 11/03/25 | 13,930 | ||||||||||||
3,075,000 | NCR Corp | 4.625 | 02/15/21 | 2,929 | ||||||||||||
525,000 | NCR Corp | 5.875 | 12/15/21 | 517 | ||||||||||||
1,650,000 | g | Open Text Corp | 5.625 | 01/15/23 | 1,633 |
326 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 16,625,000 | Oracle Corp | 2.500 | % | 05/15/22 | $ | 16,328 | |||||||||
10,800,000 | Oracle Corp | 2.950 | 05/15/25 | 10,545 | ||||||||||||
6,600,000 | Oracle Corp | 4.125 | 05/15/45 | 6,247 | ||||||||||||
900,000 | g | Sixsigma Networks Mexico S.A. de C.V. | 8.250 | 11/07/21 | 859 | |||||||||||
TOTAL SOFTWARE & SERVICES | 88,532 | |||||||||||||||
TECHNOLOGY HARDWARE & EQUIPMENT - 0.3% | ||||||||||||||||
3,475,000 | Amphenol Corp | 3.125 | 09/15/21 | 3,438 | ||||||||||||
1,975,000 | CC Holdings GS V LLC | 2.381 | 12/15/17 | 1,977 | ||||||||||||
625,000 | g | CommScope, Inc | 4.375 | 06/15/20 | 630 | |||||||||||
1,600,000 | g | CommScope, Inc | 5.000 | 06/15/21 | 1,534 | |||||||||||
2,600,000 | g | CommScope, Inc | 5.500 | 06/15/24 | 2,470 | |||||||||||
3,300,000 | General Electric Co | 5.250 | 12/06/17 | 3,524 | ||||||||||||
4,075,000 | General Electric Co | 4.125 | 10/09/42 | 3,980 | ||||||||||||
581,000 | Hewlett-Packard Co | 3.750 | 12/01/20 | 577 | ||||||||||||
1,840,000 | g | International Game Technology | 5.625 | 02/15/20 | 1,812 | |||||||||||
1,610,000 | g | International Game Technology | 6.250 | 02/15/22 | 1,505 | |||||||||||
1,610,000 | g | International Game Technology | 6.500 | 02/15/25 | 1,417 | |||||||||||
1,075,000 | g | Millicom International Cellular S.A. | 6.000 | 03/15/25 | 914 | |||||||||||
3,125,000 | g | NXP BV | 3.750 | 06/01/18 | 3,141 | |||||||||||
5,000,000 | Scientific Games International, Inc | 6.250 | 09/01/20 | 2,350 | ||||||||||||
1,219,000 | Seagate HDD Cayman | 4.750 | 06/01/23 | 1,067 | ||||||||||||
3,450,000 | g | Seagate HDD Cayman | 4.875 | 06/01/27 | 2,649 | |||||||||||
525,000 | g | Sensata Technologies BV | 5.625 | 11/01/24 | 537 | |||||||||||
5,050,000 | Tyco Electronics Group S.A. | 2.375 | 12/17/18 | 5,044 | ||||||||||||
6,669,000 | Tyco Electronics Group S.A. | 3.500 | 02/03/22 | 6,790 | ||||||||||||
700,000 | Zebra Technologies Corp | 7.250 | 10/15/22 | 731 | ||||||||||||
TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 46,087 | |||||||||||||||
TELECOMMUNICATION SERVICES - 1.6% | ||||||||||||||||
4,600,000 | Alibaba Group Holding Ltd | 2.500 | 11/28/19 | 4,494 | ||||||||||||
4,350,000 | American Tower Corp | 3.500 | 01/31/23 | 4,255 | ||||||||||||
21,350,000 | AT&T, Inc | 1.400 | 12/01/17 | 21,252 | ||||||||||||
9,650,000 | AT&T, Inc | 2.450 | 06/30/20 | 9,507 | ||||||||||||
8,200,000 | AT&T, Inc | 2.625 | 12/01/22 | 7,779 | ||||||||||||
12,100,000 | AT&T, Inc | 3.400 | 05/15/25 | 11,631 | ||||||||||||
12,875,000 | AT&T, Inc | 4.500 | 05/15/35 | 11,909 | ||||||||||||
4,525,000 | AT&T, Inc | 4.750 | 05/15/46 | 4,142 | ||||||||||||
4,400,000 | g | Bharti Airtel International Netherlands BV | 5.125 | 03/11/23 | 4,555 | |||||||||||
5,525,000 | British Telecommunications plc | 1.625 | 06/28/16 | 5,532 | ||||||||||||
4,000,000 | g | Deutsche Telekom International Finance BV | 2.250 | 03/06/17 | 4,025 | |||||||||||
4,000,000 | Deutsche Telekom International Finance BV | 8.750 | 06/15/30 | 5,549 | ||||||||||||
3,625,000 | g | Deutsche Telekom International Finance BV | 4.875 | 03/06/42 | 3,692 | |||||||||||
1,500,000 | g | ENTEL Chile S.A. | 4.875 | 10/30/24 | 1,440 | |||||||||||
4,900,000 | g | ENTEL Chile S.A. | 4.750 | 08/01/26 | 4,584 | |||||||||||
2,025,000 | Intelsat Jackson Holdings S.A. | 5.500 | 08/01/23 | 1,590 | ||||||||||||
3,500,000 | g | Oi S.A. | 5.750 | 02/10/22 | 1,592 | |||||||||||
3,950,000 | Orange S.A. | 5.500 | 02/06/44 | 4,188 | ||||||||||||
2,050,000 | g | SES | 3.600 | 04/04/23 | 1,997 | |||||||||||
825,000 | Sprint Corp | 7.250 | 09/15/21 | 615 | ||||||||||||
11,100,000 | Telefonica Emisiones SAU | 3.992 | 02/16/16 | 11,130 | ||||||||||||
11,850,000 | Telefonica Emisiones SAU | 4.570 | 04/27/23 | 12,431 | ||||||||||||
2,325,000 | T-Mobile USA, Inc | 6.375 | �� | 03/01/25 | 2,348 |
327 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 1,500,000 | g | Turk Telekomunikasyon AS. | 4.875 | % | 06/19/24 | $ | 1,419 | ||||||||
9,275,000 | Verizon Communications, Inc | 3.450 | 03/15/21 | 9,494 | ||||||||||||
5,625,000 | Verizon Communications, Inc | 4.150 | 03/15/24 | 5,784 | ||||||||||||
20,500,000 | Verizon Communications, Inc | 4.400 | 11/01/34 | 18,914 | ||||||||||||
25,920,000 | Verizon Communications, Inc | 4.272 | 01/15/36 | 23,396 | ||||||||||||
549,000 | Verizon Communications, Inc | 6.000 | 04/01/41 | 593 | ||||||||||||
10,550,000 | Verizon Communications, Inc | 3.850 | 11/01/42 | 8,622 | ||||||||||||
5,321,000 | Verizon Communications, Inc | 4.672 | 03/15/55 | 4,616 | ||||||||||||
TOTAL TELECOMMUNICATION SERVICES | 213,075 | |||||||||||||||
TRANSPORTATION - 1.1% | ||||||||||||||||
2,600,000 | g | Adani Ports & Special Economic Zone Ltd | 3.500 | 07/29/20 | 2,563 | |||||||||||
6,125,000 | g | AP Moeller-Maersk A.S. | 2.550 | 09/22/19 | 6,064 | |||||||||||
5,850,000 | g | AP Moeller-Maersk A.S. | 3.750 | 09/22/24 | 5,679 | |||||||||||
5,730,000 | g | Asciano Finance Ltd | 5.000 | 04/07/18 | 5,900 | |||||||||||
1,000,000 | g | Bombardier, Inc | 5.500 | 09/15/18 | 918 | |||||||||||
1,075,000 | g | Bombardier, Inc | 4.750 | 04/15/19 | 884 | |||||||||||
4,500,000 | Burlington Northern Santa Fe LLC | 4.550 | 09/01/44 | 4,346 | ||||||||||||
9,200,000 | Canadian Pacific Railway Co | 2.900 | 02/01/25 | 8,661 | ||||||||||||
3,125,000 | Canadian Pacific Railway Co | 4.800 | 08/01/45 | 3,039 | ||||||||||||
11,000,000 | CSX Corp | 3.350 | 11/01/25 | 10,690 | ||||||||||||
3,000,000 | CSX Corp | 4.100 | 03/15/44 | 2,717 | ||||||||||||
3,900,000 | g | ERAC USA Finance LLC | 3.300 | 10/15/22 | 3,839 | |||||||||||
4,150,000 | g | ERAC USA Finance LLC | 5.625 | 03/15/42 | 4,454 | |||||||||||
5,400,000 | FedEx Corp | 3.200 | 02/01/25 | 5,257 | ||||||||||||
4,500,000 | FedEx Corp | 4.100 | 02/01/45 | 4,007 | ||||||||||||
6,311,000 | GATX Corp | 1.250 | 03/04/17 | 6,248 | ||||||||||||
7,150,000 | GATX Corp | 2.500 | 07/30/19 | 7,038 | ||||||||||||
4,425,000 | GATX Corp | 3.250 | 03/30/25 | 4,091 | ||||||||||||
5,900,000 | GATX Corp | 5.200 | 03/15/44 | 5,631 | ||||||||||||
6,650,000 | GATX Corp | 4.500 | 03/30/45 | 5,675 | ||||||||||||
17,344,000 | g | Kansas City Southern | 2.350 | 05/15/20 | 16,751 | |||||||||||
9,075,000 | g | Kansas City Southern | 4.950 | 08/15/45 | 8,880 | |||||||||||
3,750,000 | g | Latam Airlines Group S.A. | 7.250 | 06/09/20 | 3,347 | |||||||||||
9,950,000 | Norfolk Southern Corp | 4.450 | 06/15/45 | 9,369 | ||||||||||||
2,625,000 | Northrop Grumman Corp | 1.750 | 06/01/18 | 2,604 | ||||||||||||
2,975,000 | Southwest Airlines Co | 2.750 | 11/06/19 | 2,999 | ||||||||||||
3,500,000 | g | TTX Co | 3.600 | 01/15/25 | 3,469 | |||||||||||
TOTAL TRANSPORTATION | 145,120 | |||||||||||||||
UTILITIES - 3.3% | ||||||||||||||||
1,250,000 | i | AES Corp | 3.414 | 06/01/19 | 1,147 | |||||||||||
6,225,000 | AES Corp | 4.875 | 05/15/23 | 5,447 | ||||||||||||
1,500,000 | AES Corp | 5.500 | 03/15/24 | 1,339 | ||||||||||||
8,475,000 | AGL Capital Corp | 3.875 | 11/15/25 | 8,529 | ||||||||||||
2,125,000 | AGL Capital Corp | 4.400 | 06/01/43 | 1,912 | ||||||||||||
5,150,000 | Alabama Power Co | 3.550 | 12/01/23 | 5,301 | ||||||||||||
3,475,000 | Alabama Power Co | 4.150 | 08/15/44 | 3,302 | ||||||||||||
15,000,000 | American Electric Power Co, Inc | 1.650 | 12/15/17 | 14,889 | ||||||||||||
6,000,000 | American Electric Power Co, Inc | 2.950 | 12/15/22 | 5,930 | ||||||||||||
5,850,000 | AmeriGas Finance LLC | 3.750 | 05/01/21 | 5,865 | ||||||||||||
2,000,000 | AmeriGas Finance LLC | 7.000 | 05/20/22 | 1,935 | ||||||||||||
3,000,000 | AmeriGas Partners LP | 6.250 | 08/20/19 | 2,880 |
328 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 5,500,000 | Atmos Energy Corp | 8.500 | % | 03/15/19 | $ | 6,448 | |||||||||
8,350,000 | Atmos Energy Corp | 4.125 | 10/15/44 | 7,996 | ||||||||||||
4,800,000 | Berkshire Hathaway Energy Co | 3.500 | 02/01/25 | 4,760 | ||||||||||||
6,225,000 | Black Hills Corp | 4.250 | 11/30/23 | 6,360 | ||||||||||||
4,750,000 | Carolina Power & Light Co | 5.300 | 01/15/19 | 5,219 | ||||||||||||
2,750,000 | Carolina Power & Light Co | 5.700 | 04/01/35 | 3,206 | ||||||||||||
3,670,000 | CenterPoint Energy Resources Corp | 4.500 | 01/15/21 | 3,854 | ||||||||||||
3,550,000 | CenterPoint Energy Resources Corp | 6.250 | 02/01/37 | 3,927 | ||||||||||||
5,000,000 | g | CEZ AS. | 4.250 | 04/03/22 | 5,296 | |||||||||||
2,500,000 | CMS Energy Corp | 5.050 | 02/15/18 | 2,641 | ||||||||||||
4,675,000 | CMS Energy Corp | 3.600 | 11/15/25 | 4,649 | ||||||||||||
4,200,000 | Commonwealth Edison Co | 5.900 | 03/15/36 | 5,066 | ||||||||||||
2,750,000 | Connecticut Light & Power Co | 5.500 | 02/01/19 | 3,020 | ||||||||||||
7,500,000 | Consolidated Edison Co of New York, Inc | 4.500 | 12/01/45 | 7,592 | ||||||||||||
5,775,000 | Dominion Gas Holdings LLC | 4.600 | 12/15/44 | 5,372 | ||||||||||||
1,400,000 | Duke Energy Carolinas LLC | 4.300 | 06/15/20 | 1,515 | ||||||||||||
1,450,000 | Duke Energy Ohio, Inc | 3.800 | 09/01/23 | 1,515 | ||||||||||||
7,100,000 | g,i | Electricite de France | 5.625 | 12/30/49 | 6,752 | |||||||||||
13,350,000 | g | Electricite de France S.A. | 2.350 | 10/13/20 | 13,145 | |||||||||||
13,350,000 | g | Electricite de France S.A. | 3.625 | 10/13/25 | 13,057 | |||||||||||
3,000,000 | g | Empresa Electrica Angamos S.A. | 4.875 | 05/25/29 | 2,676 | |||||||||||
2,875,000 | g | Eskom Holdings SOC Ltd | 5.750 | 01/26/21 | 2,501 | |||||||||||
7,675,000 | g | Exelon Corp | 3.950 | 06/15/25 | 7,669 | |||||||||||
5,525,000 | g | Exelon Corp | 5.100 | 06/15/45 | 5,512 | |||||||||||
2,250,000 | Ferrellgas Partners LP | 6.500 | 05/01/21 | 1,912 | ||||||||||||
2,750,000 | Ferrellgas Partners LP | 6.750 | 01/15/22 | 2,317 | ||||||||||||
6,250,000 | g | FirstEnergy Transmission LLC | 4.350 | 01/15/25 | 6,339 | |||||||||||
2,000,000 | Florida Power Corp | 6.400 | 06/15/38 | 2,556 | ||||||||||||
3,000,000 | Georgia Power Co | 5.400 | 06/01/40 | 3,161 | ||||||||||||
2,050,000 | g | Hrvatska Elektroprivreda | 5.875 | 10/23/22 | 2,071 | |||||||||||
5,000,000 | Indiana Michigan Power Co | 7.000 | 03/15/19 | 5,668 | ||||||||||||
2,725,000 | Integrys Energy Group, Inc | 4.170 | 11/01/20 | 2,879 | ||||||||||||
1,350,000 | g | Israel Electric Corp Ltd | 6.700 | 02/10/17 | 1,409 | |||||||||||
3,000,000 | g | Israel Electric Corp Ltd | 5.625 | 06/21/18 | 3,159 | |||||||||||
1,300,000 | g | Israel Electric Corp Ltd | 5.000 | 11/12/24 | 1,325 | |||||||||||
1,000,000 | g | Kansas Gas & Electric | 6.700 | 06/15/19 | 1,141 | |||||||||||
2,825,000 | Kinder Morgan, Inc | 9.000 | 02/01/19 | 3,039 | ||||||||||||
1,500,000 | g | Korea Hydro & Nuclear Power Co Ltd | 2.875 | 10/02/18 | 1,519 | |||||||||||
1,375,000 | g | Korea Hydro & Nuclear Power Co Ltd | 2.375 | 10/28/19 | 1,361 | |||||||||||
5,000,000 | LG&E and KU Energy LLC | 3.750 | 11/15/20 | 5,165 | ||||||||||||
12,500,000 | Mercy Health | 3.382 | 11/01/25 | 12,127 | ||||||||||||
9,800,000 | g | Molex Electronic Technologies LLC | 2.878 | 04/15/20 | 9,549 | |||||||||||
8,250,000 | g | Molex Electronic Technologies LLC | 3.900 | 04/15/25 | 7,724 | |||||||||||
4,240,000 | g | MPLX LP | 5.500 | 02/15/23 | 3,710 | |||||||||||
3,800,000 | MPLX LP | 4.000 | 02/15/25 | 3,195 | ||||||||||||
2,800,000 | Nevada Power Co | 6.500 | 08/01/18 | 3,108 | ||||||||||||
3,335,000 | Nevada Power Co | 5.450 | 05/15/41 | 3,745 | ||||||||||||
3,500,000 | NiSource Finance Corp | 4.800 | 02/15/44 | 3,555 | ||||||||||||
3,375,000 | Northeast Utilities | 1.450 | 05/01/18 | 3,320 | ||||||||||||
2,000,000 | NRG Energy, Inc | 6.250 | 05/01/24 | 1,680 | ||||||||||||
2,500,000 | NTPC Ltd | 5.625 | 07/14/21 | 2,712 | ||||||||||||
1,000,000 | NTPC Ltd | 4.750 | 10/03/22 | 1,043 | ||||||||||||
7,100,000 | Oncor Electric Delivery Co LLC | 2.150 | 06/01/19 | 6,987 |
329 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 1,280,000 | Oncor Electric Delivery Co LLC | 5.250 | % | 09/30/40 | $ | 1,321 | |||||||||
8,170,000 | Oncor Electric Delivery Co LLC | 4.550 | 12/01/41 | 7,830 | ||||||||||||
1,325,000 | Oncor Electric Delivery Co LLC | 3.750 | 04/01/45 | 1,101 | ||||||||||||
3,900,000 | Pacific Gas & Electric Co | 8.250 | 10/15/18 | 4,533 | ||||||||||||
5,850,000 | Pacific Gas & Electric Co | 4.250 | 03/15/46 | 5,664 | ||||||||||||
4,500,000 | g | Perusahaan Gas Negara Persero Tbk PT | 5.125 | 05/16/24 | 4,304 | |||||||||||
2,375,000 | g | PLA Administradora Industrial S de RL de C.V. | 5.250 | 11/10/22 | 2,310 | |||||||||||
750,000 | Potomac Electric Power Co | 7.900 | 12/15/38 | 1,096 | ||||||||||||
6,925,000 | PPL Capital Funding, Inc | 4.200 | 06/15/22 | 7,209 | ||||||||||||
2,000,000 | PPL Electric Utilities Corp | 3.000 | 09/15/21 | 2,031 | ||||||||||||
3,825,000 | Progress Energy, Inc | 7.050 | 03/15/19 | 4,340 | ||||||||||||
8,800,000 | Public Service Co of Oklahoma | 5.150 | 12/01/19 | 9,624 | ||||||||||||
2,640,000 | Public Service Electric & Gas Co | 5.300 | 05/01/18 | 2,853 | ||||||||||||
2,940,000 | QEP Resources, Inc | 5.375 | 10/01/22 | 2,117 | ||||||||||||
5,550,000 | Sempra Energy | 2.875 | 10/01/22 | 5,373 | ||||||||||||
15,000,000 | Smith College | 4.620 | 07/01/45 | 15,600 | ||||||||||||
7,825,000 | Southern Power Co | 4.150 | 12/01/25 | 7,816 | ||||||||||||
5,800,000 | g | SP PowerAssets Ltd | 3.250 | 11/24/25 | 5,861 | |||||||||||
6,600,000 | Spectra Energy Partners LP | 4.500 | 03/15/45 | 5,071 | ||||||||||||
3,250,000 | g | Transportadora de Gas del Peru S.A. | 4.250 | 04/30/28 | 3,039 | |||||||||||
3,875,000 | g | Transurban Finance Co Pty Ltd | 4.125 | 02/02/26 | 3,812 | |||||||||||
3,680,000 | Virginia Electric and Power Co | 2.950 | 01/15/22 | 3,704 | ||||||||||||
1,900,000 | WEC Energy Group, Inc | 3.550 | 06/15/25 | 1,911 | ||||||||||||
5,075,000 | Williams Partners LP | 3.600 | 03/15/22 | 3,993 | ||||||||||||
7,250,000 | Williams Partners LP | 4.500 | 11/15/23 | 5,872 | ||||||||||||
6,000,000 | Williams Partners LP | 4.900 | 01/15/45 | 3,819 | ||||||||||||
4,125,000 | Wisconsin Power & Light Co | 4.100 | 10/15/44 | 4,016 | ||||||||||||
14,000,000 | g | WPD Investment Holdings Ltd | 3.900 | 05/01/16 | 14,056 | |||||||||||
2,890,000 | Xcel Energy, Inc | 4.800 | 09/15/41 | 2,903 | ||||||||||||
TOTAL UTILITIES | 438,879 | |||||||||||||||
TOTAL CORPORATE BONDS | 4,658,691 | |||||||||||||||
(Cost $4,720,382) | ||||||||||||||||
GOVERNMENT BONDS - 48.0% | ||||||||||||||||
AGENCY SECURITIES - 1.9% | ||||||||||||||||
13,208,839 | AMAL Ltd | 3.465 | 08/21/21 | 13,771 | ||||||||||||
5,656,787 | Export Lease Ten Co LLC | 1.650 | 05/07/25 | 5,459 | ||||||||||||
5,000,000 | International Bank for Reconstruction & Development | 0.500 | 04/15/16 | 5,003 | ||||||||||||
19,285,000 | Lutheran Medical Center | 1.982 | 02/20/30 | 18,414 | ||||||||||||
69,887 | National Credit Union Administration | 1.840 | 10/07/20 | 70 | ||||||||||||
13,155,145 | Premier Aircraft Leasing | 3.576 | 02/06/22 | 13,771 | ||||||||||||
15,000,000 | Private Export Funding Corp (PEFCO) | 2.125 | 07/15/16 | 15,089 | ||||||||||||
34,000,000 | PEFCO | 1.375 | 02/15/17 | 34,069 | ||||||||||||
17,000,000 | PEFCO | 5.450 | 09/15/17 | 18,184 | ||||||||||||
10,000,000 | PEFCO | 2.250 | 12/15/17 | 10,166 | ||||||||||||
5,000,000 | PEFCO | 4.375 | 03/15/19 | 5,407 | ||||||||||||
7,240,000 | PEFCO | 1.450 | 08/15/19 | 7,097 | ||||||||||||
27,750,000 | PEFCO | 2.250 | 03/15/20 | 27,959 | ||||||||||||
35,000,000 | PEFCO | 4.300 | 12/15/21 | 38,433 | ||||||||||||
30,000,000 | PEFCO | 2.050 | 11/15/22 | 28,806 | ||||||||||||
1,681,250 | Totem Ocean Trailer Express, Inc | 4.514 | 12/18/19 | 1,765 |
330 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 9,000,000 | Ukraine Government AID Bonds | 1.844 | % | 05/16/19 | $ | 8,976 | |||||||||
13,545,000 | UNM Sandoval Regional Medical Center | 4.500 | 07/20/36 | 13,954 | ||||||||||||
3,000,000 | US Department of Housing and Urban Development (HUD) | 5.380 | 08/01/18 | 3,085 | ||||||||||||
TOTAL AGENCY SECURITIES | 269,478 | |||||||||||||||
FOREIGN GOVERNMENT BONDS - 4.9% | ||||||||||||||||
15,000,000 | African Development Bank | 1.375 | 12/17/18 | 14,975 | ||||||||||||
2,250,000 | g | Banque Centrale de Tunisie S.A. | 5.750 | 01/30/25 | 1,947 | |||||||||||
7,000,000 | g | Brazil Minas SPE via State of Minas Gerais | 5.333 | 02/15/28 | 5,268 | |||||||||||
BRL | 5,750,000 | Brazil Notas do Tesouro Nacional Serie F | 10.000 | 01/01/21 | 1,157 | |||||||||||
$ | 1,210,000 | Brazilian Government International Bond | 5.875 | 01/15/19 | 1,234 | |||||||||||
2,750,000 | Brazilian Government International Bond | 4.250 | 01/07/25 | 2,214 | ||||||||||||
825,000 | Brazilian Government International Bond | 7.125 | 01/20/37 | 712 | ||||||||||||
2,000,000 | Brazilian Government International Bond | 5.625 | 01/07/41 | 1,450 | ||||||||||||
5,000,000 | g | Caisse d’Amortissement de la Dette Sociale | 2.000 | 04/17/20 | 5,004 | |||||||||||
1,850,000 | g | Caisse d’Amortissement de la Dette Sociale | 1.875 | 07/28/20 | 1,835 | |||||||||||
4,000,000 | g | Caisse d’Amortissement de la Dette Sociale | 1.875 | 02/12/22 | 3,898 | |||||||||||
25,275,000 | Canada Government International Bond | 0.875 | 02/14/17 | 25,256 | ||||||||||||
5,410,000 | Colombia Government International Bond | 4.375 | 07/12/21 | 5,437 | ||||||||||||
1,775,000 | Colombia Government International Bond | 2.625 | 03/15/23 | 1,559 | ||||||||||||
COP | 1,666,000,000 | Colombia Government International Bond | 4.375 | 03/21/23 | 438 | |||||||||||
$ | 3,000,000 | Colombia Government International Bond | 4.500 | 01/28/26 | 2,865 | |||||||||||
1,500,000 | Colombia Government International Bond | 6.125 | 01/18/41 | 1,448 | ||||||||||||
3,500,000 | g | Costa Rica Government International Bond | 7.158 | 03/12/45 | 2,931 | |||||||||||
5,100,000 | g | Croatia Government International Bond | 6.375 | 03/24/21 | 5,416 | |||||||||||
3,825,000 | g | Croatia Government International Bond | 5.500 | 04/04/23 | 3,883 | |||||||||||
DOP | 63,500,000 | g | Dominican Republic International Bond | 10.000 | 01/05/17 | 1,397 | ||||||||||
$ | 1,625,000 | g | Dominican Republic International Bond | 5.500 | 01/27/25 | 1,564 | ||||||||||
4,200,000 | g | Ecuador Government International Bond | 10.500 | 03/24/20 | 3,381 | |||||||||||
3,275,000 | g | Egypt Government International Bond | 5.875 | 06/11/25 | 2,838 | |||||||||||
1,100,000 | g | El Salvador Government International Bond | 7.650 | 06/15/35 | 938 | |||||||||||
10,000,000 | European Investment Bank | 2.500 | 04/15/21 | 10,206 | ||||||||||||
3,500,000 | European Investment Bank | 4.875 | 02/15/36 | 4,352 | ||||||||||||
3,800,000 | Export-Import Bank of Korea | 2.250 | 01/21/20 | 3,742 | ||||||||||||
3,000,000 | Federative Republic of Brazil | 6.000 | 01/17/17 | 3,082 | ||||||||||||
2,550,000 | g | Gabonese Republic | 6.950 | 06/16/25 | 2,028 | |||||||||||
3,800,000 | Hungary Government International Bond | 5.750 | 11/22/23 | 4,252 | ||||||||||||
40,200,000 | Hydro Quebec | 1.375 | 06/19/17 | 40,286 | ||||||||||||
400,000 | g | Indonesia Government International Bond | 4.125 | 01/15/25 | 383 | |||||||||||
4,350,000 | g | Indonesia Government International Bond | 5.950 | 01/08/46 | 4,283 | |||||||||||
5,310,000 | Italy Government International Bond | 6.875 | 09/27/23 | 6,524 | ||||||||||||
1,900,000 | g,i | Ivory Coast Government International Bond (Step Bond) | 5.750 | 12/31/32 | 1,689 | |||||||||||
4,000,000 | Jamaica Government International Bond | 7.875 | 07/28/45 | 3,890 | ||||||||||||
4,575,000 | g | Kazakhstan Government International Bond | 5.125 | 07/21/25 | 4,509 | |||||||||||
3,000,000 | g | Kazakhstan Government International Bond | 6.500 | 07/21/45 | 2,949 | |||||||||||
18,750,000 | KFW | 2.625 | 01/25/22 | 19,244 | ||||||||||||
4,500,000 | g | Kommunalbanken AS. | 1.375 | 06/08/17 | 4,509 | |||||||||||
5,800,000 | g,i | Kommunalbanken AS. | 0.550 | 02/20/18 | 5,790 | |||||||||||
7,700,000 | g | Kommunalbanken AS. | 1.625 | 01/15/20 | 7,630 | |||||||||||
2,600,000 | g | Kommunalbanken AS. | 2.125 | 02/11/25 | 2,492 | |||||||||||
5,000,000 | g | Kommuninvest I Sverige AB | 2.000 | 11/12/19 | 5,037 | |||||||||||
2,400,000 | Korea Development Bank | 1.500 | 01/22/18 | 2,378 | ||||||||||||
2,600,000 | Korea Development Bank | 2.500 | 03/11/20 | 2,611 |
331 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 6,000,000 | g | Korea Housing Finance Corp | 1.625 | % | 09/15/18 | $ | 5,909 | ||||||||
6,682,000 | Landwirtschaftliche Rentenbank | 2.000 | 01/13/25 | 6,435 | ||||||||||||
5,250,000 | g | Lithuania Government International Bond | 6.625 | 02/01/22 | 6,274 | |||||||||||
MXN | 56,500,000 | Mexican Bonos | 5.750 | 03/05/26 | 3,146 | |||||||||||
$ | 1,000,000 | Mexico Government International Bond | 5.625 | 01/15/17 | 1,039 | |||||||||||
7,297,000 | Mexico Government International Bond | 4.000 | 10/02/23 | 7,392 | ||||||||||||
1,150,000 | g | Morocco Government International Bond | 4.250 | 12/11/22 | 1,139 | |||||||||||
1,000,000 | g | Municipality Finance plc | 1.750 | 05/21/19 | 1,001 | |||||||||||
3,325,000 | g | Namibia International Bonds | 5.250 | 10/29/25 | 3,092 | |||||||||||
3,995,000 | g | Nigeria Government International Bond | 6.375 | 07/12/23 | 3,516 | |||||||||||
43,950,000 | North American Development Bank | 2.400 | 10/26/22 | 43,482 | ||||||||||||
2,500,000 | g | Pakistan Government International Bond | 8.250 | 09/30/25 | 2,540 | |||||||||||
1,175,000 | Panama Government International Bond | 5.200 | 01/30/20 | 1,275 | ||||||||||||
3,000,000 | Panama Government International Bond | 4.000 | 09/22/24 | 3,000 | ||||||||||||
4,850,000 | Panama Government International Bond | 3.750 | 03/16/25 | 4,753 | ||||||||||||
600,000 | Panama Government International Bond | 4.300 | 04/29/53 | 511 | ||||||||||||
1,000,000 | Peruvian Government International Bond | 7.125 | 03/30/19 | 1,139 | ||||||||||||
2,675,000 | Peruvian Government International Bond | 4.125 | 08/25/27 | 2,622 | ||||||||||||
1,250,000 | Peruvian Government International Bond | 6.550 | 03/14/37 | 1,444 | ||||||||||||
3,775,000 | Philippine Government International Bond | 4.200 | 01/21/24 | 4,089 | ||||||||||||
2,500,000 | Philippine Government International Bond | 5.000 | 01/13/37 | 2,914 | ||||||||||||
2,980,000 | Philippine Government International Bond | 3.950 | 01/20/40 | 3,015 | ||||||||||||
8,017,000 | Poland Government International Bond | 5.125 | 04/21/21 | 8,925 | ||||||||||||
1,000,000 | Poland Government International Bond | 4.000 | 01/22/24 | 1,052 | ||||||||||||
25,000,000 | g | Province of Alberta Canada | 1.000 | 06/21/17 | 24,952 | |||||||||||
21,000,000 | Province of British Columbia Canada | 1.200 | 04/25/17 | 21,023 | ||||||||||||
15,000,000 | Province of British Columbia Canada | 2.000 | 10/23/22 | 14,572 | ||||||||||||
20,750,000 | Province of Manitoba Canada | 1.750 | 05/30/19 | 20,634 | ||||||||||||
10,000,000 | Province of Manitoba Canada | 3.050 | 05/14/24 | 10,175 | ||||||||||||
20,000,000 | Province of New Brunswick Canada | 2.750 | 06/15/18 | 20,530 | ||||||||||||
24,000,000 | Province of Ontario Canada | 2.300 | 05/10/16 | 24,116 | ||||||||||||
2,250,000 | Province of Quebec Canada | 5.125 | 11/14/16 | 2,328 | ||||||||||||
8,835,000 | Province of Quebec Canada | 4.625 | 05/14/18 | 9,469 | ||||||||||||
22,500,000 | Province of Quebec Canada | 3.500 | 07/29/20 | 23,799 | ||||||||||||
10,000,000 | Province of Quebec Canada | 2.750 | 08/25/21 | 10,123 | ||||||||||||
6,000,000 | Province of Quebec Canada | 7.500 | 09/15/29 | 8,635 | ||||||||||||
2,300,000 | g | Republic of Angola | 9.500 | 11/12/25 | 2,139 | |||||||||||
2,675,000 | g | Republic of Azerbaijan International Bond | 4.750 | 03/18/24 | 2,495 | |||||||||||
5,000,000 | g | Republic of Latvia | 5.250 | 02/22/17 | 5,227 | |||||||||||
5,000,000 | g | Republic of Paraguay | 4.625 | 01/25/23 | 4,850 | |||||||||||
1,835,000 | g | Republic of Paraguay | 6.100 | 08/11/44 | 1,752 | |||||||||||
1,150,000 | g | Republic of Serbia | 5.875 | 12/03/18 | 1,210 | |||||||||||
1,235,857 | i | Republic of Serbia | 6.750 | 11/01/24 | 1,257 | |||||||||||
4,500,000 | Republic of Turkey | 7.500 | 07/14/17 | 4,814 | ||||||||||||
50,000 | Republic of Turkey | 6.000 | 01/14/41 | 51 | ||||||||||||
1,500,000 | g | Republic of Zambia | 5.375 | 09/20/22 | 1,082 | |||||||||||
4,250,000 | g | Russian Foreign Bond - Eurobond | 4.875 | 09/16/23 | 4,318 | |||||||||||
200,000 | g | Russian Foreign Bond - Eurobond | 5.625 | 04/04/42 | 189 | |||||||||||
3,985,000 | g | Slovenia Government International Bond | 5.500 | 10/26/22 | 4,448 | |||||||||||
2,000,000 | g | Slovenia Government International Bond | 5.250 | 02/18/24 | 2,208 | |||||||||||
1,300,000 | g | Socialist Republic of Vietnam | 6.750 | 01/29/20 | 1,425 | |||||||||||
ZAR | 121,524,000 | South Africa Government Bond | 8.250 | 09/15/17 | 7,833 | |||||||||||
$ | 1,002,000 | South Africa Government International Bond | 6.875 | 05/27/19 | 1,071 |
332 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 3,500,000 | South Africa Government International Bond | 5.500 | % | 03/09/20 | $ | 3,592 | |||||||||
2,875,000 | South Africa Government International Bond | 5.875 | 09/16/25 | 2,939 | ||||||||||||
2,375,000 | South Africa Government International Bond | 5.375 | 07/24/44 | 2,138 | ||||||||||||
3,100,000 | g | Sri Lanka Government International Bond | 6.850 | 11/03/25 | 2,920 | |||||||||||
4,000,000 | Svensk Exportkredit AB | 1.125 | 04/05/18 | 3,969 | ||||||||||||
4,000,000 | Svensk Exportkredit AB | 1.750 | 08/28/20 | 3,930 | ||||||||||||
12,000,000 | Turkey Government International Bond | 6.750 | 04/03/18 | 12,912 | ||||||||||||
4,000,000 | Turkey Government International Bond | 3.250 | 03/23/23 | 3,664 | ||||||||||||
5,750,000 | Turkey Government International Bond | 5.750 | 03/22/24 | 6,075 | ||||||||||||
715,476 | Uruguay Government International Bond | 4.500 | 08/14/24 | 726 | ||||||||||||
2,352,945 | Uruguay Government International Bond | 4.375 | 10/27/27 | 2,312 | ||||||||||||
3,750,000 | Uruguay Government International Bond | 5.100 | 06/18/50 | 3,234 | ||||||||||||
2,000,000 | g | Vietnam Government International Bond | 4.800 | 11/19/24 | 1,921 | |||||||||||
2,000,000 | g | Zambia Government International Bond | 8.970 | 07/30/27 | 1,577 | |||||||||||
TOTAL FOREIGN GOVERNMENT BONDS | 649,249 | |||||||||||||||
MORTGAGE BACKED - 21.9% | ||||||||||||||||
7,904,637 | Federal Home Loan Mortgage Corp (FHLMC) | 3.500 | 08/15/34 | 8,132 | ||||||||||||
10,531,933 | FHLMC | 3.000 | 01/15/41 | 10,783 | ||||||||||||
31,380,596 | FHLMC | 3.000 | 09/15/42 | 31,285 | ||||||||||||
5,641,468 | i | FHLMC | 0.681 | 10/15/42 | 5,663 | |||||||||||
17,311,576 | i | FHLMC | 0.681 | 07/15/45 | 17,365 | |||||||||||
86,304,585 | Federal Home Loan Mortgage Corp (FHLMC) | 3.500 | 10/01/45 | 89,132 | ||||||||||||
44,374 | FGLMC | 6.500 | 12/01/16 | 45 | ||||||||||||
78,691 | FGLMC | 7.000 | 10/01/20 | 83 | ||||||||||||
15,698 | FGLMC | 7.000 | 05/01/23 | 18 | ||||||||||||
207,380 | FGLMC | 6.000 | 10/01/23 | 233 | ||||||||||||
142,271 | FGLMC | 6.000 | 11/01/23 | 160 | ||||||||||||
37,662 | FGLMC | 8.000 | 01/01/31 | 43 | ||||||||||||
56,000,000 | h | FGLMC | 3.000 | 01/15/31 | 57,696 | |||||||||||
41,000,000 | h | FGLMC | 3.500 | 01/15/31 | 42,848 | |||||||||||
78,276 | FGLMC | 7.000 | 12/01/31 | 81 | ||||||||||||
5,876 | FGLMC | 7.000 | 01/01/32 | 6 | ||||||||||||
53,532 | FGLMC | 8.000 | 02/01/32 | 55 | ||||||||||||
1,141,655 | FGLMC | 4.500 | 07/01/33 | 1,235 | ||||||||||||
1,556,117 | FGLMC | 5.500 | 12/01/33 | 1,755 | ||||||||||||
2,481,354 | FGLMC | 5.500 | 12/01/33 | 2,756 | ||||||||||||
7,113,816 | FGLMC | 7.000 | 12/01/33 | 8,384 | ||||||||||||
8,692,642 | FGLMC | 5.000 | 01/01/34 | 9,660 | ||||||||||||
3,201,465 | FGLMC | 4.500 | 10/01/34 | 3,463 | ||||||||||||
1,486,249 | FGLMC | 4.500 | 04/01/35 | 1,605 | ||||||||||||
2,559,201 | FGLMC | 7.000 | 05/01/35 | 3,046 | ||||||||||||
491,847 | FGLMC | 5.000 | 02/01/36 | 540 | ||||||||||||
10,820 | FGLMC | 6.500 | 05/01/36 | 12 | ||||||||||||
2,954,184 | FGLMC | 5.000 | 04/01/38 | 3,268 | ||||||||||||
2,429,083 | FGLMC | 5.000 | 07/01/39 | 2,657 | ||||||||||||
13,029,014 | FGLMC | 4.500 | 11/01/40 | 14,328 | ||||||||||||
14,650,450 | FGLMC | 4.500 | 12/01/40 | 16,066 | ||||||||||||
22,633,622 | FGLMC | 4.000 | 08/01/44 | 24,153 | ||||||||||||
5,633,432 | FGLMC | 4.500 | 10/01/44 | 6,199 | ||||||||||||
3,131,563 | FGLMC | 4.500 | 11/01/44 | 3,446 | ||||||||||||
2,375,718 | FGLMC | 4.500 | 11/01/44 | 2,611 | ||||||||||||
1,838,875 | FGLMC | 4.500 | 12/01/44 | 2,021 |
333 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 1,288,077 | FGLMC | 4.500 | % | 12/01/44 | $ | 1,400 | |||||||||
11,864,006 | FGLMC | 3.500 | 04/01/45 | 12,259 | ||||||||||||
30,340,815 | FGLMC | 3.500 | 07/01/45 | 31,282 | ||||||||||||
48,000,000 | h | FGLMC | 3.500 | 01/15/46 | 49,395 | |||||||||||
107,000,000 | h | FGLMC | 4.000 | 01/15/46 | 113,006 | |||||||||||
140 | Federal National Mortgage Association (FNMA) | 6.500 | 04/01/16 | 0 | ^ | |||||||||||
40,409 | FNMA | 8.000 | 03/01/23 | 42 | ||||||||||||
110,051 | FNMA | 8.000 | 07/01/24 | 130 | ||||||||||||
22,492 | FNMA | 9.000 | 11/01/25 | 26 | ||||||||||||
4,437,958 | FNMA | 3.000 | 01/01/30 | 4,580 | ||||||||||||
5,880,737 | FNMA | 3.000 | 06/01/30 | 6,070 | ||||||||||||
9,888,772 | FNMA | 3.000 | 07/01/30 | 10,207 | ||||||||||||
29,000,000 | h | FNMA | 2.500 | 01/25/31 | 29,223 | |||||||||||
50,000,000 | h | FNMA | 3.000 | 01/25/31 | 51,498 | |||||||||||
59,000,000 | h | FNMA | 2.500 | 02/25/31 | 59,345 | |||||||||||
1,329,615 | FNMA | 6.500 | 07/01/32 | 1,534 | ||||||||||||
164,596 | FNMA | 7.000 | 07/01/32 | 176 | ||||||||||||
124,425 | FNMA | 7.000 | 07/01/32 | 137 | ||||||||||||
343,261 | FNMA | 4.500 | 03/25/33 | 348 | ||||||||||||
9,995,192 | FNMA | 5.000 | 06/01/33 | 11,056 | ||||||||||||
1,203,866 | FNMA | 4.500 | 10/01/33 | 1,310 | ||||||||||||
22,871,456 | FNMA | 5.000 | 10/01/33 | 25,296 | ||||||||||||
9,000,000 | FNMA | 3.000 | 10/25/33 | 8,921 | ||||||||||||
2,605,148 | FNMA | 5.000 | 11/01/33 | 2,929 | ||||||||||||
134,996 | FNMA | 5.000 | 11/01/33 | 151 | ||||||||||||
1,194,722 | FNMA | 5.000 | 03/01/34 | 1,322 | ||||||||||||
9,494,153 | FNMA | 5.500 | 03/01/34 | 10,687 | ||||||||||||
46,808,343 | FNMA | 3.000 | 01/01/35 | 47,782 | ||||||||||||
8,659,583 | FNMA | 5.500 | 02/01/35 | 9,747 | ||||||||||||
2,121,485 | FNMA | 4.500 | 05/01/35 | 2,310 | ||||||||||||
14,013,956 | FNMA | 5.000 | 05/01/35 | 15,467 | ||||||||||||
6,296,550 | FNMA | 5.000 | 10/01/35 | 6,946 | ||||||||||||
54,449 | FNMA | 6.500 | 03/01/37 | 62 | ||||||||||||
3,158,347 | FNMA | 5.500 | 08/01/37 | 3,546 | ||||||||||||
1,402,878 | FNMA | 6.000 | 09/01/37 | 1,604 | ||||||||||||
1,408,209 | FNMA | 6.000 | 09/01/37 | 1,617 | ||||||||||||
1,163,839 | FNMA | 6.500 | 09/01/37 | 1,330 | ||||||||||||
1,745,014 | FNMA | 5.500 | 01/01/38 | 1,967 | ||||||||||||
68,657 | FNMA | 6.500 | 02/01/38 | 78 | ||||||||||||
9,241,804 | FNMA | 5.500 | 11/01/38 | 10,750 | ||||||||||||
6,756,820 | FNMA | 5.500 | 12/01/38 | 7,657 | ||||||||||||
174,595 | FNMA | 4.500 | 04/01/39 | 191 | ||||||||||||
739,723 | FNMA | 4.000 | 07/01/39 | 787 | ||||||||||||
5,180,173 | FNMA | 5.500 | 08/01/39 | 5,860 | ||||||||||||
3,510,435 | FNMA | 4.500 | 10/01/39 | 3,798 | ||||||||||||
351,984 | FNMA | 4.500 | 02/01/40 | 384 | ||||||||||||
3,906,565 | FNMA | 4.500 | 06/01/40 | 4,228 | ||||||||||||
2,048,583 | FNMA | 5.000 | 08/01/40 | 2,260 | ||||||||||||
11,682,310 | FNMA | 5.000 | 09/01/40 | 12,881 | ||||||||||||
826,625 | FNMA | 6.000 | 10/01/40 | 934 | ||||||||||||
743,911 | FNMA | 4.500 | 11/01/40 | 811 | ||||||||||||
4,633,146 | FNMA | 4.500 | 11/01/40 | 5,014 | ||||||||||||
1,397,292 | FNMA | 4.500 | 01/01/41 | 1,533 |
334 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 1,044,755 | FNMA | 4.500 | % | 02/01/41 | $ | 1,136 | |||||||||
16,040,047 | FNMA | 5.000 | 05/01/41 | 17,711 | ||||||||||||
1,306,455 | FNMA | 4.500 | 06/01/41 | 1,425 | ||||||||||||
1,201,173 | FNMA | 4.500 | 06/01/41 | 1,318 | ||||||||||||
950,041 | FNMA | 5.000 | 06/01/41 | 1,052 | ||||||||||||
5,835,508 | FNMA | 5.000 | 07/01/41 | 6,465 | ||||||||||||
1,280,555 | FNMA | 5.000 | 08/01/41 | 1,412 | ||||||||||||
15,840,933 | FNMA | 3.000 | 08/25/41 | 16,162 | ||||||||||||
493,723 | FNMA | 4.500 | 09/01/41 | 534 | ||||||||||||
5,888,577 | FNMA | 4.500 | 11/01/41 | 6,367 | ||||||||||||
1,622,413 | FNMA | 4.500 | 12/01/41 | 1,770 | ||||||||||||
30,096,165 | FNMA | 5.500 | 12/01/41 | 34,420 | ||||||||||||
1,322,574 | FNMA | 4.500 | 01/01/42 | 1,443 | ||||||||||||
7,361,600 | FNMA | 3.500 | 02/01/42 | 7,611 | ||||||||||||
19,397,120 | FNMA | 4.500 | 02/01/42 | 20,977 | ||||||||||||
1,505,198 | FNMA | 4.500 | 03/01/42 | 1,651 | ||||||||||||
1,354,491 | FNMA | 4.500 | 04/01/42 | 1,478 | ||||||||||||
11,267,325 | FNMA | 4.500 | 04/01/42 | 12,188 | ||||||||||||
974,221 | FNMA | 4.500 | 04/01/42 | 1,054 | ||||||||||||
1,582,379 | FNMA | 4.500 | 06/01/42 | 1,727 | ||||||||||||
27,098,321 | FNMA | 4.500 | 06/01/42 | 29,309 | ||||||||||||
41,555,651 | FNMA | 3.500 | 07/01/42 | 42,948 | ||||||||||||
1,227,416 | FNMA | 4.500 | 07/01/42 | 1,347 | ||||||||||||
14,591,137 | i | FNMA | 0.922 | 08/25/42 | 14,695 | |||||||||||
21,963,025 | FNMA | 3.000 | 10/01/42 | 22,034 | ||||||||||||
251,920 | FNMA | 3.000 | 10/01/42 | 253 | ||||||||||||
242,880 | FNMA | 3.000 | 10/01/42 | 243 | ||||||||||||
630,866 | FNMA | 3.000 | 11/01/42 | 632 | ||||||||||||
13,502,239 | i | FNMA | 0.822 | 11/25/42 | 13,458 | |||||||||||
32,183,151 | FNMA | 3.500 | 11/25/42 | 6,245 | ||||||||||||
309,799 | FNMA | 3.000 | 12/01/42 | 310 | ||||||||||||
823,309 | FNMA | 3.000 | 12/01/42 | 825 | ||||||||||||
11,229,880 | FNMA | 3.000 | 01/01/43 | 11,255 | ||||||||||||
24,652,052 | FNMA | 3.000 | 01/01/43 | 24,701 | ||||||||||||
5,128,222 | FNMA | 3.000 | 02/01/43 | 5,139 | ||||||||||||
15,038,234 | FNMA | 3.000 | 02/01/43 | 15,068 | ||||||||||||
1,636,745 | FNMA | 3.000 | 02/01/43 | 1,640 | ||||||||||||
717,081 | FNMA | 3.000 | 02/01/43 | 718 | ||||||||||||
825,452 | FNMA | 3.000 | 02/01/43 | 827 | ||||||||||||
31,201,723 | FNMA | 3.000 | 02/01/43 | 31,262 | ||||||||||||
20,968,017 | FNMA | 3.000 | 02/25/43 | 21,446 | ||||||||||||
3,300,784 | FNMA | 3.000 | 03/01/43 | 3,307 | ||||||||||||
1,116,944 | FNMA | 3.000 | 03/01/43 | 1,119 | ||||||||||||
4,453,625 | FNMA | 3.000 | 03/01/43 | 4,462 | ||||||||||||
1,035,286 | FNMA | 3.000 | 03/01/43 | 1,037 | ||||||||||||
143,822 | FNMA | 3.000 | 03/01/43 | 144 | ||||||||||||
3,534,048 | FNMA | 3.000 | 03/01/43 | 3,540 | ||||||||||||
864,555 | FNMA | 3.000 | 03/01/43 | 866 | ||||||||||||
282,599 | FNMA | 3.000 | 03/01/43 | 283 | ||||||||||||
2,047,106 | FNMA | 3.000 | 03/01/43 | 2,051 | ||||||||||||
746,957 | FNMA | 3.000 | 03/01/43 | 747 | ||||||||||||
8,856,663 | i | FNMA | 0.772 | 03/25/43 | 8,850 | |||||||||||
239,178 | FNMA | 3.000 | 04/01/43 | 240 |
335 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 743,331 | FNMA | 3.000 | % | 04/01/43 | $ | 746 | |||||||||
15,952 | FNMA | 3.000 | 04/01/43 | 16 | ||||||||||||
934,797 | FNMA | 3.000 | 04/01/43 | 936 | ||||||||||||
1,455,511 | FNMA | 3.000 | 04/01/43 | 1,458 | ||||||||||||
64,295 | FNMA | 3.000 | 04/01/43 | 64 | ||||||||||||
149,070 | FNMA | 3.000 | 04/01/43 | 149 | ||||||||||||
1,958,835 | FNMA | 3.000 | 04/01/43 | 1,962 | ||||||||||||
1,272,660 | FNMA | 3.000 | 04/01/43 | 1,275 | ||||||||||||
1,285,272 | FNMA | 3.000 | 04/01/43 | 1,287 | ||||||||||||
1,769,655 | FNMA | 3.000 | 05/01/43 | 1,773 | ||||||||||||
5,399,216 | FNMA | 3.000 | 05/01/43 | 5,409 | ||||||||||||
19,767,325 | FNMA | 3.000 | 08/25/43 | 20,232 | ||||||||||||
20,438,894 | FNMA | 4.000 | 11/01/43 | 21,874 | ||||||||||||
10,392,240 | FNMA | 4.000 | 04/01/44 | 11,057 | ||||||||||||
6,002,540 | FNMA | 4.000 | 06/01/44 | 6,385 | ||||||||||||
3,321,565 | FNMA | 4.000 | 06/01/44 | 3,536 | ||||||||||||
9,952,147 | FNMA | 4.500 | 06/01/44 | 10,949 | ||||||||||||
3,369,392 | FNMA | 4.000 | 07/01/44 | 3,587 | ||||||||||||
1,804,389 | FNMA | 4.000 | 07/01/44 | 1,921 | ||||||||||||
6,084,339 | FNMA | 4.000 | 08/01/44 | 6,476 | ||||||||||||
14,624,063 | FNMA | 4.000 | 08/01/44 | 15,567 | ||||||||||||
6,318,830 | FNMA | 4.000 | 08/01/44 | 6,726 | ||||||||||||
2,311,701 | FNMA | 4.000 | 08/01/44 | 2,461 | ||||||||||||
1,171,789 | FNMA | 4.000 | 09/01/44 | 1,247 | ||||||||||||
1,609,306 | FNMA | 4.000 | 09/01/44 | 1,713 | ||||||||||||
7,441,829 | FNMA | 4.000 | 10/01/44 | 7,922 | ||||||||||||
9,795,266 | FNMA | 4.500 | 10/01/44 | 10,777 | ||||||||||||
8,063,924 | FNMA | 3.500 | 11/01/44 | 8,333 | ||||||||||||
18,191,011 | FNMA | 4.500 | 11/01/44 | 20,010 | ||||||||||||
5,188,118 | FNMA | 4.000 | 12/01/44 | 5,539 | ||||||||||||
15,206,524 | FNMA | 4.000 | 12/01/44 | 16,188 | ||||||||||||
6,694,556 | FNMA | 4.000 | 12/01/44 | 7,142 | ||||||||||||
5,266,434 | FNMA | 4.500 | 12/01/44 | 5,794 | ||||||||||||
55,723,792 | FNMA | 4.000 | 01/01/45 | 59,658 | ||||||||||||
5,525,372 | FNMA | 4.000 | 01/01/45 | 5,884 | ||||||||||||
13,456,738 | FNMA | 3.500 | 02/01/45 | 13,905 | ||||||||||||
1,164,783 | FNMA | 3.500 | 03/01/45 | 1,206 | ||||||||||||
2,989,228 | FNMA | 3.500 | 03/01/45 | 3,089 | ||||||||||||
698,852 | FNMA | 3.500 | 03/01/45 | 723 | ||||||||||||
4,081,570 | FNMA | 3.500 | 03/01/45 | 4,218 | ||||||||||||
2,515,012 | FNMA | 4.500 | 03/01/45 | 2,768 | ||||||||||||
5,809,272 | FNMA | 3.500 | 04/01/45 | 6,003 | ||||||||||||
3,068,311 | FNMA | 3.500 | 04/01/45 | 3,167 | ||||||||||||
13,950,042 | FNMA | 3.500 | 04/01/45 | 14,415 | ||||||||||||
1,295,136 | FNMA | 3.500 | 04/01/45 | 1,338 | ||||||||||||
2,312,578 | FNMA | 3.500 | 04/01/45 | 2,390 | ||||||||||||
769,976 | FNMA | 4.500 | 04/01/45 | 847 | ||||||||||||
21,700,527 | FNMA | 3.500 | 05/01/45 | 22,471 | ||||||||||||
2,723,115 | FNMA | 4.000 | 05/01/45 | 2,900 | ||||||||||||
1,116,732 | FNMA | 3.500 | 06/01/45 | 1,154 | ||||||||||||
6,044,866 | FNMA | 4.000 | 06/01/45 | 6,438 | ||||||||||||
18,548,412 | FNMA | 4.000 | 07/01/45 | 19,721 | ||||||||||||
1,692,629 | FNMA | 4.000 | 10/01/45 | 1,803 |
336 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 3,763,085 | FNMA | 4.000 | % | 11/01/45 | $ | 4,008 | |||||||||
2,007,291 | FNMA | 4.000 | 12/01/45 | 2,138 | ||||||||||||
75,000,000 | h | FNMA | 3.000 | 01/25/46 | 74,974 | |||||||||||
89,000,000 | h | FNMA | 3.500 | 01/25/46 | 91,794 | |||||||||||
54,000,000 | h | FNMA | 4.000 | 01/25/46 | 57,127 | |||||||||||
29,000,000 | h | FNMA | 4.500 | 01/25/46 | 31,311 | |||||||||||
15,000,000 | h | FNMA | 5.000 | 01/25/46 | 16,509 | |||||||||||
58,000,000 | h | FNMA | 3.000 | 02/25/46 | 57,864 | |||||||||||
37,000,000 | h | FNMA | 3.500 | 02/25/46 | 38,082 | |||||||||||
26,000,000 | h | FNMA | 4.000 | 02/25/46 | 27,455 | |||||||||||
61,000,000 | h | FNMA | 4.500 | 02/25/46 | 65,761 | |||||||||||
11,000,000 | h | FNMA | 5.000 | 02/25/46 | 12,093 | |||||||||||
88,000,000 | h | FNMA | 3.500 | 03/25/46 | 90,344 | |||||||||||
61,000,000 | h | FNMA | 4.000 | 03/25/46 | 64,260 | |||||||||||
158 | Government National Mortgage Association (GNMA) | 9.000 | 06/15/16 | 0 | ^ | |||||||||||
716 | GNMA | 9.000 | 09/15/16 | 1 | ||||||||||||
223 | GNMA | 9.000 | 09/15/16 | 0 | ^ | |||||||||||
2,464 | GNMA | 9.000 | 11/15/16 | 3 | ||||||||||||
673 | GNMA | 9.000 | 12/15/16 | 1 | ||||||||||||
1,711 | GNMA | 9.000 | 12/15/16 | 2 | ||||||||||||
4,066 | GNMA | 9.500 | 12/15/16 | 4 | ||||||||||||
10,232 | GNMA | 8.000 | 06/15/24 | 11 | ||||||||||||
27,970 | GNMA | 8.500 | 11/20/30 | 33 | ||||||||||||
38,726 | GNMA | 8.500 | 12/20/30 | 44 | ||||||||||||
796,697 | GNMA | 5.500 | 07/15/33 | 906 | ||||||||||||
15,932,697 | GNMA | 3.700 | 10/15/33 | 16,932 | ||||||||||||
487,908 | GNMA | 5.500 | 11/20/33 | 545 | ||||||||||||
1,704,634 | GNMA | 5.500 | 03/20/35 | 1,904 | ||||||||||||
848,302 | GNMA | 5.500 | 12/20/35 | 945 | ||||||||||||
474,558 | GNMA | 6.000 | 10/20/36 | 536 | ||||||||||||
509,456 | GNMA | 6.000 | 01/20/37 | 576 | ||||||||||||
1,469,245 | GNMA | 6.000 | 02/20/37 | 1,661 | ||||||||||||
1,071,353 | GNMA | 5.000 | 04/15/38 | 1,185 | ||||||||||||
1,054,623 | GNMA | 5.500 | 07/15/38 | 1,175 | ||||||||||||
1,669,885 | GNMA | 5.500 | 07/20/38 | 1,840 | ||||||||||||
573,613 | GNMA | 6.000 | 08/20/38 | 642 | ||||||||||||
1,020,599 | GNMA | 6.500 | 11/20/38 | 1,168 | ||||||||||||
936,880 | GNMA | 2.176 | 05/16/39 | 943 | ||||||||||||
3,004,554 | GNMA | 5.000 | 06/15/39 | 3,365 | ||||||||||||
1,990,208 | GNMA | 5.000 | 06/15/39 | 2,226 | ||||||||||||
1,509,281 | GNMA | 5.000 | 07/20/39 | 1,668 | ||||||||||||
11,929,566 | GNMA | 4.500 | 09/20/39 | 13,068 | ||||||||||||
12,213,747 | GNMA | 3.700 | 08/15/40 | 13,300 | ||||||||||||
908,345 | GNMA | 3.500 | 12/15/41 | 950 | ||||||||||||
42,750,568 | GNMA | 3.500 | 10/20/42 | 8,503 | ||||||||||||
9,583,435 | GNMA | 3.500 | 07/15/43 | 10,024 | ||||||||||||
3,099,215 | GNMA | 3.500 | 02/15/45 | 3,242 | ||||||||||||
11,806,506 | GNMA | 4.000 | 04/15/45 | 12,566 | ||||||||||||
10,291,510 | GNMA | 4.000 | 04/15/45 | 10,938 | ||||||||||||
28,569,369 | GNMA | 4.000 | 05/15/45 | 30,370 | ||||||||||||
51,924,893 | GNMA | 4.000 | 06/15/45 | 55,204 | ||||||||||||
993,244 | GNMA | 3.500 | 07/15/45 | 1,039 | ||||||||||||
61,000,000 | h | GNMA | 3.000 | 01/20/46 | 61,805 |
337 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 100,000,000 | h | GNMA | 3.500 | % | 01/20/46 | $ | 104,211 | ||||||||
28,000,000 | h | GNMA | 3.000 | 02/20/46 | 28,309 | |||||||||||
41,000,000 | h | GNMA | 3.500 | 02/20/46 | 42,627 | |||||||||||
42,000,000 | h | GNMA | 3.000 | 03/20/46 | 42,372 | |||||||||||
41,000,000 | h | GNMA | 3.500 | 03/20/46 | 42,528 | |||||||||||
TOTAL MORTGAGE BACKED | 2,899,310 | |||||||||||||||
MUNICIPAL BONDS - 2.7% | ||||||||||||||||
9,685,000 | Arizona School Facilities Board | 0.945 | 09/01/16 | 9,663 | ||||||||||||
3,270,000 | California Earthquake Authority | 1.194 | 07/01/16 | 3,276 | ||||||||||||
3,600,000 | California Earthquake Authority | 1.824 | 07/01/17 | 3,618 | ||||||||||||
2,025,000 | City of San Antonio TX Customer Facility Charge Revenue | 4.253 | 07/01/24 | 2,058 | ||||||||||||
1,575,000 | City of San Antonio TX Customer Facility Charge Revenue | 4.353 | 07/01/25 | 1,593 | ||||||||||||
3,500,000 | Maine Municipal Bond Bank | 1.708 | 06/01/16 | 3,515 | ||||||||||||
2,000,000 | Permanent University Fund | 1.439 | 07/01/17 | 2,000 | ||||||||||||
2,625,000 | Permanent University Fund | 1.730 | 07/01/18 | 2,634 | ||||||||||||
4,720,000 | Permanent University Fund | 1.880 | 07/01/19 | 4,700 | ||||||||||||
2,320,000 | Permanent University Fund | 2.258 | 07/01/20 | 2,313 | ||||||||||||
2,160,000 | Permanent University Fund | 2.408 | 07/01/21 | 2,165 | ||||||||||||
2,750,000 | Permanent University Fund | 2.508 | 07/01/22 | 2,757 | ||||||||||||
2,855,000 | Permanent University Fund | 2.608 | 07/01/23 | 2,867 | ||||||||||||
3,250,000 | Permanent University Fund | 2.708 | 07/01/24 | 3,249 | ||||||||||||
2,335,000 | Permanent University Fund | 2.808 | 07/01/25 | 2,318 | ||||||||||||
3,775,000 | Permanent University Fund | 2.908 | 07/01/26 | 3,752 | ||||||||||||
4,000,000 | Permanent University Fund | 3.008 | 07/01/27 | 3,940 | ||||||||||||
2,000,000 | Port of Corpus Christi Authority of Nueces County | 3.138 | 12/01/22 | 2,004 | ||||||||||||
1,700,000 | Port of Corpus Christi Authority of Nueces County | 3.287 | 12/01/23 | 1,708 | ||||||||||||
1,500,000 | Port of Corpus Christi Authority of Nueces County | 3.387 | 12/01/24 | 1,522 | ||||||||||||
1,000,000 | Port of Corpus Christi Authority of Nueces County | 3.487 | 12/01/25 | 1,011 | ||||||||||||
11,370,000 | State of California | 5.950 | 04/01/16 | 11,522 | ||||||||||||
2,915,000 | State of Georgia | 1.750 | 07/01/19 | 2,922 | ||||||||||||
3,060,000 | State of Georgia | 2.000 | 07/01/20 | 3,060 | ||||||||||||
3,215,000 | State of Georgia | 2.150 | 07/01/21 | 3,212 | ||||||||||||
3,905,000 | State of Georgia | 2.750 | 07/01/25 | 3,846 | ||||||||||||
4,100,000 | State of Georgia | 2.850 | 07/01/26 | 4,012 | ||||||||||||
4,305,000 | State of Georgia | 2.950 | 07/01/27 | 4,206 | ||||||||||||
4,520,000 | State of Georgia | 3.050 | 07/01/28 | 4,405 | ||||||||||||
3,245,000 | State of Georgia | 3.150 | 07/01/29 | 3,094 | ||||||||||||
12,500,000 | State of Illinois | 0.750 | 06/15/16 | 12,501 | ||||||||||||
19,760,000 | State of Illinois | 4.833 | 02/01/17 | 20,211 | ||||||||||||
12,500,000 | State of Illinois | 1.750 | 06/15/17 | 12,547 | ||||||||||||
8,000,000 | State of Illinois | 4.350 | 06/01/18 | 8,178 | ||||||||||||
7,500,000 | State of Illinois | 2.000 | 06/15/19 | 7,457 | ||||||||||||
7,160,000 | State of Illinois | 5.463 | 02/01/20 | 7,578 | ||||||||||||
12,500,000 | State of Illinois | 1.930 | 06/15/20 | 12,167 | ||||||||||||
12,500,000 | State of Illinois | 2.250 | 06/15/21 | 12,178 | ||||||||||||
10,000,000 | State of Illinois | 4.310 | 04/01/23 | 9,427 | ||||||||||||
11,535,000 | State of Illinois | 4.610 | 04/01/25 | 10,795 | ||||||||||||
9,350,000 | State of Illinois | 4.760 | 04/01/26 | 8,683 | ||||||||||||
12,500,000 | State of Illinois | 3.150 | 06/15/26 | 11,954 | ||||||||||||
13,880,000 | State of Illinois | 4.910 | 04/01/27 | 12,911 | ||||||||||||
12,500,000 | State of Illinois | 3.250 | 06/15/27 | 11,849 | ||||||||||||
8,115,000 | State of Illinois | 5.010 | 04/01/28 | 7,427 |
338 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 21,640,000 | State of Michigan | 3.600 | % | 05/15/31 | $ | 20,824 | |||||||||
22,455,000 | State of Michigan | 3.700 | 05/15/32 | 21,707 | ||||||||||||
6,000,000 | University of California | 2.570 | 05/15/22 | 5,997 | ||||||||||||
14,800,000 | University of California | 3.931 | 05/15/45 | 14,339 | ||||||||||||
20,000,000 | University of New Mexico | 3.532 | 06/20/32 | 19,239 | ||||||||||||
TOTAL MUNICIPAL BONDS | 350,911 | |||||||||||||||
U.S. TREASURY SECURITIES - 16.6% | ||||||||||||||||
22,000,000 | United States Treasury Bond | 6.375 | 08/15/27 | 30,910 | ||||||||||||
15,185,000 | United States Treasury Bond | 5.250 | 11/15/28 | 19,842 | ||||||||||||
49,175,000 | United States Treasury Bond | 5.250 | 02/15/29 | 64,431 | ||||||||||||
100,686,000 | United States Treasury Bond | 5.375 | 02/15/31 | 136,512 | ||||||||||||
65,602,000 | United States Treasury Bond | 4.500 | 02/15/36 | 83,960 | ||||||||||||
4,500,000 | United States Treasury Bond | 4.750 | 02/15/37 | 5,956 | ||||||||||||
12,000,000 | United States Treasury Bond | 3.500 | 02/15/39 | 13,248 | ||||||||||||
11,900,000 | United States Treasury Bond | 3.875 | 08/15/40 | 13,886 | ||||||||||||
19,135,000 | United States Treasury Bond | 4.375 | 05/15/41 | 24,103 | ||||||||||||
16,434,000 | United States Treasury Bond | 3.750 | 08/15/41 | 18,841 | ||||||||||||
56,375,000 | United States Treasury Bond | 3.625 | 08/15/43 | 63,367 | ||||||||||||
41,680,000 | United States Treasury Bond | 3.000 | 05/15/45 | 41,410 | ||||||||||||
130,330,000 | United States Treasury Bond | 2.875 | 08/15/45 | 126,334 | ||||||||||||
106,000,000 | United States Treasury Bond | 3.000 | 11/15/45 | 105,482 | ||||||||||||
3,300,000 | United States Treasury Note | 0.375 | 03/15/16 | 3,301 | ||||||||||||
23,000,000 | United States Treasury Note | 0.375 | 03/31/16 | 23,001 | ||||||||||||
9,800,000 | United States Treasury Note | 2.375 | 03/31/16 | 9,849 | ||||||||||||
44,410,000 | United States Treasury Note | 0.375 | 04/30/16 | 44,405 | ||||||||||||
6,000,000 | United States Treasury Note | 0.500 | 07/31/16 | 5,996 | ||||||||||||
10,000,000 | United States Treasury Note | 3.125 | 10/31/16 | 10,193 | ||||||||||||
4,675,000 | United States Treasury Note | 0.750 | 01/15/17 | 4,671 | ||||||||||||
3,900,000 | United States Treasury Note | 0.625 | 02/15/17 | 3,890 | ||||||||||||
25,000,000 | United States Treasury Note | 0.625 | 05/31/17 | 24,890 | ||||||||||||
99,210,000 | United States Treasury Note | 0.625 | 07/31/17 | 98,659 | ||||||||||||
22,875,000 | United States Treasury Note | 0.625 | 08/31/17 | 22,729 | ||||||||||||
20,000,000 | United States Treasury Note | 0.625 | 09/30/17 | 19,863 | ||||||||||||
209,865,000 | United States Treasury Note | 0.875 | 07/15/18 | 207,992 | ||||||||||||
12,100,000 | United States Treasury Note | 2.250 | 07/31/18 | 12,419 | ||||||||||||
28,000,000 | United States Treasury Note | 1.000 | 08/15/18 | 27,821 | ||||||||||||
9,966,900 | United States Treasury Note | 1.375 | 09/30/18 | 9,999 | ||||||||||||
10,365,000 | United States Treasury Note | 1.750 | 10/31/18 | 10,500 | ||||||||||||
34,895,000 | United States Treasury Note | 1.250 | 12/15/18 | 34,826 | ||||||||||||
145,487,000 | United States Treasury Note | 1.625 | 07/31/20 | 144,829 | ||||||||||||
56,188,300 | United States Treasury Note | 1.625 | 11/30/20 | 55,870 | ||||||||||||
825,000 | United States Treasury Note | 2.125 | 01/31/21 | 837 | ||||||||||||
12,720,000 | United States Treasury Note | 2.000 | 02/28/21 | 12,830 | ||||||||||||
3,240,000 | United States Treasury Note | 2.250 | 04/30/21 | 3,305 | ||||||||||||
16,465,000 | United States Treasury Note | 2.000 | 05/31/21 | 16,581 | ||||||||||||
1,730,000 | United States Treasury Note | 2.125 | 06/30/21 | 1,752 | ||||||||||||
11,825,000 | United States Treasury Note | 2.000 | 08/31/21 | 11,880 | ||||||||||||
133,872,000 | United States Treasury Note | 8.000 | 11/15/21 | 178,869 | ||||||||||||
73,000,000 | United States Treasury Note | 1.750 | 02/28/22 | 71,972 | ||||||||||||
1,710,000 | United States Treasury Note | 1.750 | 03/31/22 | 1,684 | ||||||||||||
8,000,000 | United States Treasury Note | 1.750 | 04/30/22 | 7,873 | ||||||||||||
4,565,000 | United States Treasury Note | 2.125 | 06/30/22 | 4,589 |
339 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 63,000,000 | United States Treasury Note | 2.000 | % | 07/31/22 | $ | 62,835 | |||||||||
106,110,000 | United States Treasury Note | 1.875 | 08/31/22 | 104,893 | ||||||||||||
130,965,000 | United States Treasury Note | 1.750 | 09/30/22 | 128,369 | ||||||||||||
63,302,300 | United States Treasury Note | 2.250 | 11/15/25 | 63,161 | ||||||||||||
TOTAL U.S. TREASURY SECURITIES | 2,195,415 | |||||||||||||||
TOTAL GOVERNMENT BONDS | 6,364,363 | |||||||||||||||
(Cost $6,330,747) | ||||||||||||||||
STRUCTURED ASSETS - 13.5% | ||||||||||||||||
ASSET BACKED - 6.0% | ||||||||||||||||
920,391 | i | ACE Securities Corp Home Equity Loan Trust | 1.157 | 08/25/35 | 908 | |||||||||||
Series - 2005 HE5 (Class M2) | ||||||||||||||||
17,823,000 | AmeriCredit Automobile Receivables Trust | 1.570 | 01/08/19 | 17,809 | ||||||||||||
Series - 2013 1 (Class C) | ||||||||||||||||
6,045,000 | AmeriCredit Automobile Receivables Trust | 1.790 | 03/08/19 | 6,050 | ||||||||||||
Series - 2013 2 (Class C) | ||||||||||||||||
18,920,000 | AmeriCredit Automobile Receivables Trust | 2.420 | 05/08/19 | 18,971 | ||||||||||||
Series - 2013 2 (Class D) | ||||||||||||||||
1,000,000 | AmeriCredit Automobile Receivables Trust | 1.270 | 07/08/19 | 997 | ||||||||||||
Series - 2014 4 (Class A3) | ||||||||||||||||
6,675,000 | AmeriCredit Automobile Receivables Trust | 2.720 | 09/09/19 | 6,720 | ||||||||||||
Series - 2013 4 (Class C) | ||||||||||||||||
15,037,000 | g | AmeriCredit Automobile Receivables Trust | 4.460 | 11/08/19 | 15,242 | |||||||||||
Series - 2012 3 (Class E) | ||||||||||||||||
13,805,000 | AmeriCredit Automobile Receivables Trust | 3.340 | 08/08/21 | 13,662 | ||||||||||||
Series - 2015 3 (Class D) | ||||||||||||||||
74,236 | g | Asset Backed Funding Corp NIM Trust | 5.900 | 07/26/35 | 0^ | |||||||||||
Series - 2006 WMC1 (Class N1) | ||||||||||||||||
4,965,278 | i | Asset-Backed Pass-Through Certificates | 1.036 | 01/25/35 | 4,796 | |||||||||||
Series - 2004 R12 (Class M1) | ||||||||||||||||
2,000,000 | g | Avis Budget Rental Car Funding AESOP LLC | 3.410 | 11/20/17 | 2,022 | |||||||||||
Series - 2011 3A (Class A) | ||||||||||||||||
5,500,000 | g | Avis Budget Rental Car Funding AESOP LLC | 4.740 | 11/20/17 | 5,571 | |||||||||||
Series - 2011 3A (Class B) | ||||||||||||||||
9,400,000 | g | Avis Budget Rental Car Funding AESOP LLC | 3.780 | 02/20/18 | 9,457 | |||||||||||
Series - 2011 5A (Class C) | ||||||||||||||||
11,125,000 | g | Avis Budget Rental Car Funding AESOP LLC | 4.720 | 02/20/18 | 11,328 | |||||||||||
Series - 2011 5A (Class B) | ||||||||||||||||
4,890,000 | g | Avis Budget Rental Car Funding AESOP LLC | 3.887 | 05/20/18 | 4,963 | |||||||||||
Series - 2012 2A (Class B) | ||||||||||||||||
38,662 | i | Bear Stearns Asset Backed Securities Trust | 1.162 | 11/25/39 | 39 | |||||||||||
Series - 2005 SD3 (Class 2A1) | ||||||||||||||||
2,900,000 | Capital Auto Receivables Asset Trust | 1.290 | 04/20/18 | 2,893 | ||||||||||||
Series - 2013 1 (Class B) | ||||||||||||||||
14,831,000 | Capital Auto Receivables Asset Trust | 1.740 | 10/22/18 | 14,817 | ||||||||||||
Series - 2013 1 (Class C) | ||||||||||||||||
11,525,000 | Capital Auto Receivables Asset Trust | 2.190 | 09/20/21 | 11,491 | ||||||||||||
Series - 0 1 (Class D) | ||||||||||||||||
8,000,000 | g | Capital Automotive REIT | 3.660 | 10/15/44 | 8,039 | |||||||||||
Series - 2014 1A (Class A) |
340 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 7,273,336 | i,m | CCR, Inc | 0.738 | % | 07/10/17 | $ | 7,196 | ||||||||
Series - 2010 CX (Class C) | ||||||||||||||||
922,725 | i | Chase Funding Mortgage Loan Asset-Backed Certificates | 5.700 | 02/26/35 | 814 | |||||||||||
Series - 2004 2 (Class 1M2) | ||||||||||||||||
1,129,932 | i | CIT Group Home Equity Loan Trust | 6.200 | 02/25/30 | 1,127 | |||||||||||
Series - 2002 1 (Class AF6) (Step Bond) | ||||||||||||||||
7,503,149 | i | Connecticut Avenue Securities | 1.922 | 02/25/25 | 7,515 | |||||||||||
Series - 2015 C01 (Class 1M1) | ||||||||||||||||
7,940,000 | g | DB Master Finance LLC | 3.262 | 02/20/45 | 7,857 | |||||||||||
Series - 2015 1A (Class A2I) | ||||||||||||||||
6,947,500 | g | DB Master Finance LLC | 3.980 | 02/20/45 | 6,926 | |||||||||||
Series - 2015 1A (Class A2II) | ||||||||||||||||
5,525,000 | g,i | DB/UBS Mortgage Trust | 5.663 | 11/10/46 | 6,080 | |||||||||||
Series - 2011 LC1A (Class C) | ||||||||||||||||
2,213,561 | g | Diamond Resorts Owner Trust | 1.950 | 01/20/25 | 2,190 | |||||||||||
Series - 2013 1 (Class A) | ||||||||||||||||
71,329,819 | g | Domino’s Pizza Master Issuer LLC | 5.216 | 01/25/42 | 73,382 | |||||||||||
Series - 2012 1A (Class A2) | ||||||||||||||||
18,000,000 | g | Domino’s Pizza Master Issuer LLC | 3.484 | 10/25/45 | 17,640 | |||||||||||
Series - 2015 1A (Class A2I) | ||||||||||||||||
3,000,000 | g | Domino’s Pizza Master Issuer LLC | 4.474 | 10/25/45 | 2,959 | |||||||||||
Series - 2015 1A (Class A2II) | ||||||||||||||||
7,060,941 | g | Drive Auto Receivables Trust | 1.010 | 11/15/17 | 7,057 | |||||||||||
Series - 2015 AA (Class A2) | ||||||||||||||||
5,250,000 | Ford Credit Auto Owner Trust | 1.150 | 07/15/18 | 5,236 | ||||||||||||
Series - 2013 A (Class B) | ||||||||||||||||
5,595,000 | Ford Credit Auto Owner Trust | 2.430 | 01/15/19 | 5,625 | ||||||||||||
Series - 2012 C (Class D) | ||||||||||||||||
1,960,000 | Ford Credit Floorplan Master Owner Trust | 1.120 | 01/15/18 | 1,960 | ||||||||||||
Series - 2013 1 (Class B) | ||||||||||||||||
22,378,000 | g | Hertz Vehicle Financing LLC | 3.740 | 02/25/17 | 22,448 | |||||||||||
Series - 2010 1A (Class A2) | ||||||||||||||||
10,506,667 | g | Hertz Vehicle Financing LLC | 5.700 | 02/25/17 | 10,541 | |||||||||||
Series - 2010 1A (Class B2) | ||||||||||||||||
15,000,000 | g | Hertz Vehicle Financing LLC | 1.860 | 08/25/17 | 14,947 | |||||||||||
Series - 2013 1A (Class B1) | ||||||||||||||||
2,000,527 | i | Irwin Home Equity Corp | 1.182 | 02/25/34 | 1,937 | |||||||||||
Series - 2005 A (Class A3) | ||||||||||||||||
14,668,026 | g | JG Wentworth XXII LLC | 3.820 | 12/15/48 | 15,031 | |||||||||||
Series - 2010 3A (Class A) | ||||||||||||||||
2,839,576 | i | Lehman XS Trust | 0.672 | 02/25/36 | 2,713 | |||||||||||
Series - 2006 1 (Class 1A1) | ||||||||||||||||
11,565,184 | i | Lehman XS Trust | 6.500 | 06/25/46 | 8,790 | |||||||||||
Series - 2006 13 (Class 2A1) | ||||||||||||||||
2,352,124 | Louisiana Public Facilities Authority | 5.750 | 02/01/19 | 2,396 | ||||||||||||
Series - 2008 ELL (Class A2) | ||||||||||||||||
527,582 | g | NYCTL Trust | 1.030 | 11/10/27 | 525 | |||||||||||
Series - 2014 A (Class A) | ||||||||||||||||
626,424 | i | Park Place Securities, Inc Asset-Backed Pass-Through Certificates | 1.367 | 09/25/34 | 628 | |||||||||||
Series - 2004 WHQ1 (Class M1) | ||||||||||||||||
18,888 | i | Renaissance Home Equity Loan Trust | 1.302 | 08/25/33 | 18 | |||||||||||
Series - 2003 2 (Class A) |
341 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 94,810 | i | Residential Asset Securities Corp | 6.489 | % | 10/25/30 | $ | 95 | ||||||||
Series - 2001 KS2 (Class AI6) | ||||||||||||||||
151,130 | i | Residential Asset Securities Corp | 1.067 | 04/25/35 | 151 | |||||||||||
Series - 2005 KS3 (Class M3) | ||||||||||||||||
1,335,988 | i | Residential Funding Mortgage Securities II, Inc | 5.950 | 08/25/34 | 1,389 | |||||||||||
Series - 2005 HI1 (Class A5) (Step Bond) | ||||||||||||||||
408,195 | i | Residential Funding Mortgage Securities II, Inc | 6.010 | 02/25/36 | 411 | |||||||||||
Series - 2006 HI1 (Class M1) (Step Bond) | ||||||||||||||||
350,000 | i | Residential Funding Mortgage Securities II, Inc | 6.060 | 02/25/36 | 364 | |||||||||||
Series - 2006 HI1 (Class M2) | ||||||||||||||||
4,694,078 | Santander Drive Auto Receivables Trust | 0.720 | 04/16/18 | 4,689 | ||||||||||||
Series - 2014 5 (Class A2A) | ||||||||||||||||
12,770,000 | Santander Drive Auto Receivables Trust | 3.500 | 06/15/18 | 12,948 | ||||||||||||
Series - 2012 4 (Class D) | ||||||||||||||||
8,384,000 | Santander Drive Auto Receivables Trust | 1.760 | 01/15/19 | 8,393 | ||||||||||||
Series - 2013 1 (Class C) | ||||||||||||||||
5,830,000 | Santander Drive Auto Receivables Trust | 2.270 | 01/15/19 | 5,831 | ||||||||||||
Series - 2013 2013-1 (Class D) | ||||||||||||||||
52,250,000 | Santander Drive Auto Receivables Trust | 1.620 | 02/15/19 | 52,255 | ||||||||||||
Series - 2014 2 (Class B) | ||||||||||||||||
4,410,000 | Santander Drive Auto Receivables Trust | 2.570 | 03/15/19 | 4,438 | ||||||||||||
Series - 2013 2 (Class D) | ||||||||||||||||
1,240,000 | Santander Drive Auto Receivables Trust | 1.810 | 04/15/19 | 1,239 | ||||||||||||
Series - 2013 3 (Class C) | ||||||||||||||||
4,625,000 | Santander Drive Auto Receivables Trust | 2.420 | 04/15/19 | 4,614 | ||||||||||||
Series - 2013 3 (Class D) | ||||||||||||||||
79,872,000 | Santander Drive Auto Receivables Trust | 2.250 | 06/17/19 | 80,155 | ||||||||||||
Series - 2013 5 (Class C) | ||||||||||||||||
20,615,000 | g | Santander Drive Auto Receivables Trust | 3.120 | 10/15/19 | 20,838 | |||||||||||
Series - 2013 A (Class C) | ||||||||||||||||
5,325,000 | Santander Drive Auto Receivables Trust | 2.910 | 04/15/20 | 5,349 | ||||||||||||
Series - 2014 1 (Class D) | ||||||||||||||||
1,600,000 | Santander Drive Auto Receivables Trust | 1.960 | 05/15/20 | 1,586 | ||||||||||||
Series - 2015 5 (Class B) | ||||||||||||||||
14,172,000 | Santander Drive Auto Receivables Trust | 2.130 | 08/17/20 | 14,181 | ||||||||||||
Series - 2014 3 (Class C) | ||||||||||||||||
1,600,000 | Santander Drive Auto Receivables Trust | 2.740 | 12/15/21 | 1,587 | ||||||||||||
Series - 2015 5 (Class C) | ||||||||||||||||
874,028 | i | Securitized Asset Backed Receivables LLC | 0.722 | 10/25/35 | 869 | |||||||||||
Series - 2006 OP1 (Class A2C) | ||||||||||||||||
289,434 | g | Sierra Receivables Funding Co LLC | 1.590 | 11/20/29 | 285 | |||||||||||
Series - 2013 1A (Class A) | ||||||||||||||||
7,175,622 | g | Sierra Receivables Funding Co LLC | 2.700 | 10/20/30 | 7,163 | |||||||||||
Series - 2013 3A (Class B) | ||||||||||||||||
7,792,251 | g | Sierra Receivables Funding Co LLC | 2.050 | 06/20/31 | 7,796 | |||||||||||
Series - 2014 2A (Class A) | ||||||||||||||||
3,208,574 | g | Sierra Receivables Funding Co LLC | 2.400 | 06/20/31 | 3,193 | |||||||||||
Series - 2014 2A (Class B) | ||||||||||||||||
9,506,320 | g | Sierra Receivables Funding Co LLC | 2.400 | 03/22/32 | 9,393 | |||||||||||
Series - 2015 1A (Class A) | ||||||||||||||||
2,753,147 | g | Sierra Timeshare 2015-3 Receivables Funding LLC | 2.580 | 09/20/32 | 2,707 | |||||||||||
Series - 2015 3A (Class A) |
342 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 1,376,573 | g | Sierra Timeshare 2015-3 Receivables Funding LLC | 3.080 | % | 09/20/32 | $ | 1,354 | ||||||||
Series - 2015 3A (Class B) | ||||||||||||||||
13,303,000 | g | SLM Student Loan Trust | 3.740 | 02/15/29 | 13,622 | |||||||||||
Series - 2011 B (Class A2) | ||||||||||||||||
4,474,921 | g | SolarCity LMC | 4.590 | 04/20/44 | 4,402 | |||||||||||
Series - 2014 1 (Class A) | ||||||||||||||||
332,735 | i | Soundview Home Equity Loan Trust | 0.722 | 11/25/35 | 332 | |||||||||||
Series - 2005 OPT3 (Class A4) | ||||||||||||||||
88,631,262 | g | SpringCastle America Funding LLC | 2.700 | 05/25/23 | 88,432 | |||||||||||
Series - 2014 AA (Class A) | ||||||||||||||||
3,696,608 | g,i | Structured Asset Securities Corp Mortgage Loan Trust | 0.642 | 10/25/36 | 3,669 | |||||||||||
Series - 2006 GEL4 (Class A2) | ||||||||||||||||
1,890,000 | g | Vornado DP LLC | 5.280 | 09/13/28 | 2,061 | |||||||||||
Series - 2010 VNO (Class C) | ||||||||||||||||
658,794 | g,m | Wachovia Amortization Controlled Heloc NIM | 5.683 | 08/12/47 | 670 | |||||||||||
Series - 2006 N1 (Class N1) | ||||||||||||||||
1,066,904 | g,i | Wachovia Loan Trust | 0.782 | 05/25/35 | 1,039 | |||||||||||
Series - 2005 SD1 (Class A) | ||||||||||||||||
165,762 | i | Wells Fargo Home Equity Trust | 0.562 | 07/25/36 | 166 | |||||||||||
Series - 2006 2 (Class A3) | ||||||||||||||||
40,897,500 | g | Wendys Funding LLC | 3.371 | 06/15/45 | 39,903 | |||||||||||
Series - 2015 1A (Class A2I) | ||||||||||||||||
TOTAL ASSET BACKED | 796,882 | |||||||||||||||
OTHER MORTGAGE BACKED - 7.5% | ||||||||||||||||
6,000,000 | g,i | ACRE Commercial Mortgage Trust | 3.751 | 08/15/31 | 5,950 | |||||||||||
Series - 2014 FL2 (Class D) | ||||||||||||||||
1,059,000 | Banc of America Commercial Mortgage Trust | 5.390 | 10/10/45 | 1,086 | ||||||||||||
Series - 2006 6 (Class AM) | ||||||||||||||||
2,500,000 | Banc of America Commercial Mortgage Trust | 5.480 | 10/10/45 | 2,452 | ||||||||||||
Series - 2006 6 (Class B) | ||||||||||||||||
10,500,000 | g | Banc of America Commercial Mortgage Trust | 5.416 | 01/15/49 | 10,743 | |||||||||||
Series - 2007 1 (Class AM) | ||||||||||||||||
14,549,000 | i | Banc of America Commercial Mortgage Trust | 5.482 | 01/15/49 | 14,898 | |||||||||||
Series - 2007 1 (Class AMFX) | ||||||||||||||||
3,500,000 | g,i | Banc of America Commercial Mortgage Trust | 5.821 | 02/10/51 | 3,188 | |||||||||||
Series - 2007 4 (Class E) | ||||||||||||||||
18,825,000 | i | Bear Stearns Commercial Mortgage Securities | 5.920 | 09/11/42 | 19,867 | |||||||||||
Series - 2007 T28 (Class AJ) | ||||||||||||||||
4,500,000 | i | Bear Stearns Commercial Mortgage Securities | 5.878 | 06/11/50 | 4,457 | |||||||||||
Series - 2007 PW17 (Class AJ) | ||||||||||||||||
8,000,000 | g | CGBAM Commercial Mortgage Trust | 3.516 | 04/10/28 | 8,048 | |||||||||||
Series - 2015 SMRT (Class C) | ||||||||||||||||
9,000,000 | g | CGBAM Commercial Mortgage Trust | 3.768 | 04/10/28 | 9,099 | |||||||||||
Series - 2015 SMRT (Class D) | ||||||||||||||||
10,265,226 | i | CHL Mortgage Pass-Through Trust | 2.671 | 02/20/35 | 10,216 | |||||||||||
Series - 2004 HYB9 (Class 1A1) | ||||||||||||||||
1,500,000 | i | Citigroup Commercial Mortgage Trust | 5.975 | 03/15/49 | 1,508 | |||||||||||
Series - 2006 C4 (Class AJ) | ||||||||||||||||
736,849 | i | Citigroup Commercial Mortgage Trust | 5.713 | 12/10/49 | 745 | |||||||||||
Series - 2007 C6 (Class ASB) | ||||||||||||||||
15,000,000 | g,i | Citigroup Commercial Mortgage Trust | 5.898 | 12/10/49 | 15,290 | |||||||||||
Series - 2007 C6 (Class AMFX) |
343 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 7,095,000 | i | Citigroup Commercial Mortgage Trust | 5.899 | % | 12/10/49 | $ | 7,250 | ||||||||
Series - 2007 C6 (Class AM) | ||||||||||||||||
11,626,000 | i | COBALT CMBS Commercial Mortgage Trust | 5.771 | 05/15/46 | 11,704 | |||||||||||
Series - 2007 C3 (Class AJ) | ||||||||||||||||
32,585,000 | i | COBALT CMBS Commercial Mortgage Trust | 5.771 | 05/15/46 | 34,204 | |||||||||||
Series - 2007 C3 (Class AM) | ||||||||||||||||
5,640,000 | i | COBALT CMBS Commercial Mortgage Trust | 5.526 | 04/15/47 | 5,872 | |||||||||||
Series - 2007 C2 (Class AMFX) | ||||||||||||||||
877,821 | COMM Mortgage Trust | 1.399 | 02/10/48 | 869 | ||||||||||||
Series - 2015 LC19 (Class A1) | ||||||||||||||||
2,180,000 | i | COMM Mortgage Trust | 5.650 | 12/10/49 | 2,208 | |||||||||||
Series - 2007 C9 (Class AJ) | ||||||||||||||||
1,000,000 | i | COMM Mortgage Trust | 5.796 | 12/10/49 | 1,007 | |||||||||||
Series - 2007 C9 (Class C) | ||||||||||||||||
16,156,810 | i | COMM Mortgage Trust | 5.796 | 12/10/49 | 16,364 | |||||||||||
Series - 2007 C9 (Class B) | ||||||||||||||||
1,097,672 | i | Commercial Mortgage Trust | 5.238 | 04/10/37 | 1,097 | |||||||||||
Series - 2005 GG5 (Class AJ) | ||||||||||||||||
28,000,000 | i | Commercial Mortgage Trust | 5.867 | 12/10/49 | 29,085 | |||||||||||
Series - 2007 GG11 (Class AM) | ||||||||||||||||
904,237 | Countrywide Alternative Loan Trust | 5.500 | 08/25/16 | 910 | ||||||||||||
Series - 2004 30CB (Class 1A15) | ||||||||||||||||
12,133,000 | i | Credit Suisse Commercial Mortgage Trust | 5.903 | 09/15/39 | 12,236 | |||||||||||
Series - 2007 C4 (Class A1AJ) | ||||||||||||||||
14,500,000 | i | Credit Suisse Commercial Mortgage Trust | 5.949 | 09/15/39 | 14,647 | |||||||||||
Series - 2007 C4 (Class AJ) | ||||||||||||||||
11,120,000 | Credit Suisse Commercial Mortgage Trust | 5.343 | 12/15/39 | 11,340 | ||||||||||||
Series - 2006 C5 (Class AM) | ||||||||||||||||
11,235,000 | g | Credit Suisse Commercial Mortgage Trust | 5.383 | 02/15/40 | 11,437 | |||||||||||
Series - 2009 RR1 (Class A3C) | ||||||||||||||||
4,000,000 | i | Credit Suisse Commercial Mortgage Trust | 0.581 | 01/15/49 | 3,807 | |||||||||||
Series - 2007 C2 (Class AMFL) | ||||||||||||||||
5,052,000 | i | Credit Suisse Commercial Mortgage Trust | 5.615 | 01/15/49 | 5,214 | |||||||||||
Series - 2007 C2 (Class AM) | ||||||||||||||||
22,500,000 | i | Credit Suisse Commercial Mortgage Trust | 5.625 | 01/15/49 | 21,778 | |||||||||||
Series - 2007 C2 (Class AJ) | ||||||||||||||||
157,557 | i | Credit Suisse First Boston Mortgage Securities Corp | 5.100 | 08/15/38 | 157 | |||||||||||
Series - 2005 C5 (Class C) | ||||||||||||||||
11,500,000 | g | Credit Suisse Mortgage Capital Certificates | 5.626 | 05/15/23 | 12,738 | |||||||||||
Series - 2006 OMA (Class D) | ||||||||||||||||
5,250,000 | Credit Suisse Mortgage Capital Certificates | 5.509 | 09/15/39 | 5,348 | ||||||||||||
Series - 2006 C4 (Class AM) | ||||||||||||||||
5,000,000 | g | Four Times Square Trust Commercial Mortgage Pass-Through Certificates | 5.401 | 12/13/28 | 5,517 | |||||||||||
Series - 2006 4TS (Class A) | ||||||||||||||||
2,500,000 | i | GE Commercial Mortgage Corp | 5.606 | 12/10/49 | 2,542 | |||||||||||
Series - 2007 C1 (Class AM) | ||||||||||||||||
3,665,000 | i | GMAC Commercial Mortgage Securities, Inc | 4.984 | 12/10/41 | 3,738 | |||||||||||
Series - 2004 C3 (Class C) | ||||||||||||||||
10,000,000 | i | Greenwich Capital Commercial Funding Corp | 6.013 | 07/10/38 | 10,110 | |||||||||||
Series - 2006 GG7 (Class AM) | ||||||||||||||||
169,610 | i | GS Mortgage Securities Corp II | 5.622 | 04/10/38 | 170 | |||||||||||
Series - 2006 GG6 (Class AM) |
344 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 5,910,000 | g,i | GS Mortgage Securities Corp II | 5.188 | % | 12/10/43 | $ | 6,467 | ||||||||
Series - 2010 C2 (Class B) | ||||||||||||||||
12,004,000 | i | GS Mortgage Securities Trust | 5.553 | 04/10/38 | 12,013 | |||||||||||
Series - 2006 GG6 (Class B) | ||||||||||||||||
12,012,000 | i | GS Mortgage Securities Trust | 5.666 | 04/10/38 | 12,001 | |||||||||||
Series - 2006 GG6 (Class C) | ||||||||||||||||
3,678,523 | i | Harborview Mortgage Loan Trust | 0.622 | 07/19/47 | 2,998 | |||||||||||
Series - 2007 4 (Class 2A1) | ||||||||||||||||
1,450,530 | i | Impac CMB Trust | 1.082 | 03/25/35 | 1,344 | |||||||||||
Series - 2004 11 (Class 2A1) | ||||||||||||||||
7,965,000 | i | JP Morgan Chase Commercial Mortgage Securities Trust | 4.911 | 07/15/42 | 7,964 | |||||||||||
Series - 2005 LDP2 (Class C) | ||||||||||||||||
17,650,000 | i | JP Morgan Chase Commercial Mortgage Securities Trust | 5.565 | 04/15/43 | 17,714 | |||||||||||
Series - 2006 LDP6 (Class AJ) | ||||||||||||||||
4,000,000 | i | JP Morgan Chase Commercial Mortgage Securities Trust | 5.520 | 05/15/45 | 4,008 | |||||||||||
Series - 2006 LDP8 (Class B) | ||||||||||||||||
8,145,000 | g,i | JP Morgan Chase Commercial Mortgage Securities Trust | 5.360 | 02/15/46 | 8,581 | |||||||||||
Series - 2011 C3 (Class C) | ||||||||||||||||
6,455,000 | g,i | JP Morgan Chase Commercial Mortgage Securities Trust | 5.277 | 07/15/46 | 6,817 | |||||||||||
Series - 2011 C4 (Class C) | ||||||||||||||||
25,169,578 | JP Morgan Chase Commercial Mortgage Securities Trust | 5.257 | 05/15/47 | 25,543 | ||||||||||||
Series - 2006 LDP9 (Class A1A) | ||||||||||||||||
3,695,000 | i | JP Morgan Chase Commercial Mortgage Securities Trust | 6.192 | 02/15/51 | 3,888 | |||||||||||
Series - 2007 LD12 (Class AM) | ||||||||||||||||
119,606,903 | i | JPMBB Commercial Mortgage Securities Trust | 1.535 | 11/15/48 | 9,686 | |||||||||||
Series - 2015 C32 (Class XA) | ||||||||||||||||
3,500,000 | i | LB-UBS Commercial Mortgage Trust | 5.852 | 06/15/38 | 3,548 | |||||||||||
Series - 2006 C4 (Class AJ) | ||||||||||||||||
6,000,000 | LB-UBS Commercial Mortgage Trust | 5.484 | 02/15/40 | 6,060 | ||||||||||||
Series - 2007 C1 (Class AJ) | ||||||||||||||||
1,400,000 | i | LB-UBS Commercial Mortgage Trust | 5.533 | 02/15/40 | 1,402 | |||||||||||
Series - 2007 C1 (Class C) | ||||||||||||||||
4,150,000 | i | LB-UBS Commercial Mortgage Trust | 5.563 | 02/15/40 | 4,064 | |||||||||||
Series - 2007 C1 (Class D) | ||||||||||||||||
750,000 | i | LB-UBS Commercial Mortgage Trust | 6.114 | 07/15/40 | 783 | |||||||||||
Series - 2007 C6 (Class AM) | ||||||||||||||||
7,225,000 | g | LB-UBS Commercial Mortgage Trust | 6.114 | 07/15/40 | 7,546 | |||||||||||
Series - 2007 C6 (Class AMFL) | ||||||||||||||||
18,146,193 | g,i | LVII Resecuritization Trust | 3.033 | 07/31/47 | 18,146 | |||||||||||
Series - 2015 A (Class A) | ||||||||||||||||
1,050,917 | i | Merrill Lynch Mortgage Trust | 5.522 | 11/12/37 | 1,050 | |||||||||||
Series - 2005 CKI1 (Class B) | ||||||||||||||||
2,205,000 | i | Merrill Lynch Mortgage Trust | 6.267 | 02/12/51 | 2,339 | |||||||||||
Series - 0 C1 (Class AJA) | ||||||||||||||||
5,880,000 | g,i | Merrill Lynch Mortgage Trust | 6.267 | 02/12/51 | 6,139 | |||||||||||
Series - 2008 C1 (Class C) | ||||||||||||||||
2,210,442 | g,i | Merrill Lynch Mortgage Trust | 6.267 | 02/12/51 | 2,345 | |||||||||||
Series - 0 C1 (Class AJAF) | ||||||||||||||||
4,000,000 | g,i | ML-CFC Commercial Mortgage Trust | 0.497 | 08/12/48 | 3,746 | |||||||||||
Series - 2007 5 (Class AMFL) | ||||||||||||||||
21,695,000 | i | ML-CFC Commercial Mortgage Trust | 5.526 | 03/12/51 | 22,152 | |||||||||||
Series - 2007 6 (Class AM) |
345 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 2,265,000 | g,i | Morgan Stanley Capital I Trust | 5.847 | % | 08/12/41 | $ | 2,297 | ||||||||
Series - 2006 T23 (Class B) | ||||||||||||||||
13,572,629 | i | Morgan Stanley Capital I Trust | 5.389 | 11/12/41 | 13,617 | |||||||||||
Series - 2006 HQ10 (Class AJ) | ||||||||||||||||
214,584 | i | Morgan Stanley Capital I Trust | 4.840 | 12/13/41 | 215 | |||||||||||
Series - 2005 T17 (Class AJ) | ||||||||||||||||
12,300,000 | i | Morgan Stanley Capital I Trust | 5.793 | 07/12/44 | 12,476 | |||||||||||
Series - 2006 HQ9 (Class AJ) | ||||||||||||||||
500,000 | i | Morgan Stanley Capital I Trust | 5.832 | 07/12/44 | 504 | |||||||||||
Series - 2006 HQ9 (Class B) | ||||||||||||||||
7,541,001 | Morgan Stanley Capital I Trust | 5.569 | 12/15/44 | 7,847 | ||||||||||||
Series - 2007 HQ13 (Class A3) | ||||||||||||||||
3,550,000 | g,i | Morgan Stanley Capital I Trust | 5.438 | 09/15/47 | 3,733 | |||||||||||
Series - 2011 C1 (Class D) | ||||||||||||||||
8,650,000 | i | Morgan Stanley Capital I Trust | 5.678 | 04/12/49 | 8,716 | |||||||||||
Series - 2007 HQ12 (Class B) | ||||||||||||||||
10,300,000 | i | Morgan Stanley Capital I Trust | 5.907 | 06/11/49 | 10,258 | |||||||||||
Series - 2007 IQ15 (Class AJ) | ||||||||||||||||
11,000,000 | i | Morgan Stanley Capital I Trust | 5.907 | 06/11/49 | 11,520 | |||||||||||
Series - 2007 IQ15 (Class AM) | ||||||||||||||||
12,121,000 | g,i | Morgan Stanley Capital I Trust | 6.104 | 06/11/49 | 10,593 | |||||||||||
Series - 2007 IQ15 (Class B) | ||||||||||||||||
8,750,000 | i | Morgan Stanley Capital I Trust | 6.080 | 12/12/49 | 9,174 | |||||||||||
Series - 2007 IQ16 (Class AMA) | ||||||||||||||||
12,000,000 | i | Morgan Stanley Capital I Trust | 6.097 | 12/12/49 | 11,442 | |||||||||||
Series - 2007 IQ16 (Class AJFX) | ||||||||||||||||
2,330,000 | i | Morgan Stanley Capital I Trust | 6.115 | 12/12/49 | 2,223 | |||||||||||
Series - 2007 IQ16 (Class AJ) | ||||||||||||||||
7,205,000 | i | Morgan Stanley Capital I Trust | 6.281 | 12/12/49 | 7,595 | |||||||||||
Series - 2007 IQ16 (Class AM) | ||||||||||||||||
22,229,000 | i | Morgan Stanley Capital I Trust | 6.319 | 12/12/49 | 21,088 | |||||||||||
Series - 2007 IQ16 (Class AJA) | ||||||||||||||||
5,918 | Residential Accredit Loans, Inc | 4.350 | 03/25/34 | 6 | ||||||||||||
Series - 2004 QS4 (Class A1) | ||||||||||||||||
4,000,000 | i | Structured Agency Credit Risk Debt Note (STACR) | 2.622 | 09/25/24 | 3,957 | |||||||||||
Series - 2014 HQ2 (Class M2) | ||||||||||||||||
2,604,806 | i | Structured Agency Credit Risk Debt Note (STACR) | 1.672 | 01/25/25 | 2,607 | |||||||||||
Series - 2015 DN1 (Class M1) | ||||||||||||||||
6,500,000 | i | Structured Agency Credit Risk Debt Note (STACR) | 2.822 | 01/25/25 | 6,599 | |||||||||||
Series - 2015 DN1 (Class M2) | ||||||||||||||||
3,893,588 | i | Structured Agency Credit Risk Debt Note (STACR) | 1.472 | 03/25/25 | 3,893 | |||||||||||
Series - 2015 HQ1 (Class M1) | ||||||||||||||||
1,913,123 | i | Structured Agency Credit Risk Debt Note (STACR) | 1.522 | 05/25/25 | 1,910 | |||||||||||
Series - 2015 HQ2 (Class M1) | ||||||||||||||||
16,250,000 | i | Structured Agency Credit Risk Debt Note (STACR) | 2.372 | 05/25/25 | 15,867 | |||||||||||
Series - 2015 HQ2 (Class M2) | ||||||||||||||||
9,000,000 | g,i | Wachovia Bank Commercial Mortgage Trust | 0.551 | 12/15/43 | 8,617 | |||||||||||
Series - 2007 C30 (Class AMFL) | ||||||||||||||||
35,625,000 | Wachovia Bank Commercial Mortgage Trust | 5.383 | 12/15/43 | 36,810 | ||||||||||||
Series - 2007 C30 (Class AM) | ||||||||||||||||
3,000,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.865 | 07/15/45 | 2,732 | |||||||||||
Series - 2006 C27 (Class B) |
346 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 32,910,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.818 | % | 05/15/46 | $ | 34,562 | ||||||||
Series - 2007 C34 (Class AM) | ||||||||||||||||
5,300,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.947 | 05/15/46 | 5,345 | |||||||||||
Series - 2007 C34 (Class AJ) | ||||||||||||||||
7,175,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.591 | 04/15/47 | 7,437 | |||||||||||
Series - 2007 C31 (Class AM) | ||||||||||||||||
6,157,290 | i | Wachovia Bank Commercial Mortgage Trust | 5.660 | 04/15/47 | 6,151 | |||||||||||
Series - 2007 C31 (Class AJ) | ||||||||||||||||
2,000,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.700 | 04/15/47 | 2,001 | |||||||||||
Series - 2007 C31 (Class B) | ||||||||||||||||
88,795,000 | g | Wachovia Bank Commercial Mortgage Trust | 5.703 | 06/15/49 | 92,511 | |||||||||||
Series - 2007 C32 (Class AMFX) | ||||||||||||||||
49,550,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.750 | 06/15/49 | 49,532 | |||||||||||
Series - 2007 C32 (Class AJ) | ||||||||||||||||
2,794,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.750 | 06/15/49 | 2,581 | |||||||||||
Series - 2007 C32 (Class B) | ||||||||||||||||
33,600,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.953 | 02/15/51 | 35,293 | |||||||||||
Series - 2007 C33 (Class AM) | ||||||||||||||||
6,161,727 | i | WaMu Mortgage Pass-Through Certificates | 0.772 | 12/25/45 | 5,334 | |||||||||||
Series - 2005 AR19 (Class A1B3) | ||||||||||||||||
4,725,000 | g,i | Wells Fargo Mortgage Backed Securities Trust | 5.276 | 11/15/43 | 5,087 | |||||||||||
Series - 2010 C1 (Class B) | ||||||||||||||||
TOTAL OTHER MORTGAGE BACKED | 999,370 | |||||||||||||||
TOTAL STRUCTURED ASSETS | 1,796,252 | |||||||||||||||
(Cost $1,810,402) | ||||||||||||||||
TOTAL BONDS | 12,819,306 | |||||||||||||||
(Cost $12,861,531) | ||||||||||||||||
SHARES | COMPANY | |||||||||||||||
PREFERRED STOCKS - 0.1% | ||||||||||||||||
BANKS - 0.1% | ||||||||||||||||
470,597 | * | Federal Home Loan Mortgage Corp | 1,600 | |||||||||||||
1,527,061 | * | Federal National Mortgage Association | 5,345 | |||||||||||||
TOTAL BANKS | 6,945 | |||||||||||||||
TOTAL PREFERRED STOCKS | 6,945 | |||||||||||||||
(Cost $49,941) | ||||||||||||||||
PRINCIPAL | ISSUER | |||||||||||||||
SHORT-TERM INVESTMENTS - 10.5% | ||||||||||||||||
GOVERNMENT AGENCY DEBT - 5.8% | ||||||||||||||||
$ | 24,510,000 | Federal Home Loan Bank (FHLB) | 0.400 | 04/04/16 | 24,488 | |||||||||||
45,000,000 | w | FHLB | 0.120-0.130 | 01/04/16 | 45,000 | |||||||||||
27,000,000 | w | FHLB | 0.105 | 01/08/16 | 27,000 | |||||||||||
50,000,000 | FHLB | 0.130 | 01/11/16 | 49,999 | ||||||||||||
40,000,000 | w | FHLB | 0.105 | 01/13/16 | 39,998 | |||||||||||
73,000,000 | w | FHLB | 0.170-0.210 | 01/25/16 | 72,994 | |||||||||||
25,000,000 | FHLB | 0.250 | 01/26/16 | 24,998 | ||||||||||||
24,925,000 | FHLB | 0.200 | 02/05/16 | 24,919 | ||||||||||||
32,000,000 | FHLB | 0.330 | 02/09/16 | 31,992 | ||||||||||||
50,000,000 | FHLB | 0.335 | 02/10/16 | 49,987 | ||||||||||||
50,000,000 | FHLB | 0.400 | 02/16/16 | 49,985 | ||||||||||||
100,000,000 | FHLB | 0.430 | 02/22/16 | 99,966 |
347 |
COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 50,000,000 | FHLB | 0.250 | % | 02/24/16 | $ | 49,982 | |||||||||
45,000,000 | FHLB | 0.276 | 02/29/16 | 44,983 | ||||||||||||
29,265,000 | FHLB | 0.451 | 03/28/16 | 29,245 | ||||||||||||
25,000,000 | FHLB | 0.451 | 03/29/16 | 24,982 | ||||||||||||
42,000,000 | Federal Home Loan Mortgage Corp (FHLMC) | 0.451 | 04/11/16 | 41,960 | ||||||||||||
12,900,000 | w | Federal National Mortgage Association (FNMA) | 0.230 | 04/19/16 | 12,887 | |||||||||||
17,000,000 | FNMA | 0.612 | 06/08/16 | 16,965 | ||||||||||||
TOTAL GOVERNMENT AGENCY DEBT | 762,330 | |||||||||||||||
TREASURY DEBT - 4.7% | ||||||||||||||||
36,000,000 | w | United States Treasury Bill | 0.150 | 01/07/16 | 36,000 | |||||||||||
16,000,000 | w | United States Treasury Bill | 0.113-0.115 | 01/14/16 | 15,999 | |||||||||||
15,000,000 | w | United States Treasury Bill | 0.126 | 01/21/16 | 14,999 | |||||||||||
10,000,000 | w | United States Treasury Bill | 0.122 | 02/04/16 | 9,999 | |||||||||||
90,000,000 | United States Treasury Bill | 0.102 | 02/11/16 | 89,987 | ||||||||||||
32,000,000 | w | United States Treasury Bill | 0.176 | 02/18/16 | 31,996 | |||||||||||
28,000,000 | United States Treasury Bill | 0.169 | 03/17/16 | 27,994 | ||||||||||||
50,000,000 | w | United States Treasury Bill | 0.176 | 04/21/16 | 49,969 | |||||||||||
100,000,000 | w | United States Treasury Bill | 0.211-0.217 | 04/28/16 | 99,916 | |||||||||||
100,000,000 | w | United States Treasury Bill | 0.200 | 05/26/16 | 99,846 | |||||||||||
50,000,000 | United States Treasury Bill | 0.398 | 06/09/16 | 49,902 | ||||||||||||
100,000,000 | w | United States Treasury Bill | 0.241-0.251 | 06/23/16 | 99,778 | |||||||||||
TOTAL TREASURY DEBT | 626,385 | |||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | 1,388,715 | |||||||||||||||
(Cost $1,388,811) | ||||||||||||||||
TOTAL INVESTMENTS - 108.0% | 14,317,628 | |||||||||||||||
(Cost $14,404,883) | ||||||||||||||||
OTHER ASSETS & LIABILITIES, NET - (8.0)% | (1,056,550 | ) | ||||||||||||||
NET ASSETS - 100.0% | $ | 13,261,078 |
Abbreviation(s): | |||
BRL | Brazilian Real | ||
COP | Columbian Peso | ||
DOP | Dominican Peso | ||
MXN | Mexican Peso | ||
REIT | Real Estate Investment Trust | ||
ZAR | South African Rand |
* | Non-income producing | |
^ | Amount represents less than $1,000. | |
g | Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/15, the aggregate value of these securities was $1,856,482,000, or 14.0% of net assets. | |
h | All or a portion of these securities were purchased on a delayed delivery basis. | |
i | Floating or variable rate security. Coupon rate reflects the rate at period end. | |
m | Indicates a security that has been deemed illiquid. | |
w | All or a portion of these securities have been segregated by the custodian to cover collateral requirements on mortgage dollar rolls. | |
Cost amounts are in thousands. |
348 |
COLLEGE RETIREMENT EQUITIES FUND - Inflation-Linked Bond Account
COLLEGE RETIREMENT EQUITIES FUND
INFLATION-LINKED BOND ACCOUNT
SCHEDULE OF INVESTMENTS
December 31, 2015
VALUE | ||||||||||
PRINCIPAL | ISSUER | (000) | ||||||||
GOVERNMENT BONDS - 99.1% | ||||||||||
AGENCY SECURITIES - 0.2% | ||||||||||
Private Export Funding Corp (PEFCO) | ||||||||||
$ | 3,500,000 | 2.300%, 09/15/20 | $ | 3,522 | ||||||
3,000,000 | 3.250%, 06/15/25 | 3,080 | ||||||||
Ukraine Government AID Bonds | ||||||||||
3,500,000 | 1.847%, 05/29/20 | 3,486 | ||||||||
TOTAL AGENCY SECURITIES | 10,088 | |||||||||
MORTGAGE BACKED - 0.2% | ||||||||||
Government National Mortgage Association (GNMA) | ||||||||||
14,254,404 | 3.650%, 02/15/32 | 15,089 | ||||||||
TOTAL MORTGAGE BACKED | 15,089 | |||||||||
U.S. TREASURY SECURITIES - 98.7% | ||||||||||
United States Treasury Bond | ||||||||||
11,000,000 | 2.875%, 08/15/45 | 10,663 | ||||||||
k | United States Treasury Inflation Indexed Bonds | |||||||||
109,693,531 | 2.375%, 01/15/17 | 112,381 | ||||||||
404,121,034 | 0.125%, 04/15/17 | 403,215 | ||||||||
139,659,269 | 2.625%, 07/15/17 | 145,828 | ||||||||
147,645,765 | 1.625%, 01/15/18 | 152,206 | ||||||||
319,576,340 | 0.125%, 04/15/18 | 318,818 | ||||||||
149,561,376 | 1.375%, 07/15/18 | 154,767 | ||||||||
146,782,175 | 2.125%, 01/15/19 | 155,232 | ||||||||
226,351,690 | 0.125%, 04/15/19 | 224,876 | ||||||||
137,012,160 | 1.875%, 07/15/19 | 145,185 | ||||||||
224,701,398 | 1.375%, 01/15/20 | 233,400 | ||||||||
100,547,370 | 0.125%, 04/15/20 | 99,193 | ||||||||
290,784,012 | 1.250%, 07/15/20 | 302,129 | ||||||||
361,992,344 | 1.125%, 01/15/21 | 372,838 | ||||||||
343,806,966 | 0.625%, 07/15/21 | 345,694 | ||||||||
342,552,823 | 0.125%, 01/15/22 | 331,558 | ||||||||
400,258,620 | 0.125%, 07/15/22 | 387,595 | ||||||||
270,997,830 | 0.125%, 01/15/23 | 259,472 | ||||||||
52,123,020 | 0.375%, 07/15/23 | 50,845 | ||||||||
77,723,913 | 0.625%, 01/15/24 | 76,726 | ||||||||
70,116,900 | 0.125%, 07/15/24 | 66,483 | ||||||||
58,241,860 | 0.250%, 01/15/25 | 55,497 | ||||||||
224,294,013 | 2.375%, 01/15/25 | 254,590 | ||||||||
27,580,850 | 0.375%, 07/15/25 | 26,657 | ||||||||
213,692,197 | 2.000%, 01/15/26 | 237,007 | ||||||||
160,632,918 | 2.375%, 01/15/27 | 185,363 | ||||||||
198,563,970 | 1.750%, 01/15/28 | 216,535 | ||||||||
139,736,163 | 3.625%, 04/15/28 | 182,331 | ||||||||
180,458,991 | 2.500%, 01/15/29 | 213,351 | ||||||||
169,403,470 | 3.875%, 04/15/29 | 229,687 |
349 |
COLLEGE RETIREMENT EQUITIES FUND - Inflation-Linked Bond Account
PRINCIPAL | ISSUER | VALUE (000) | |||||||||
$ | 42,556,812 | 3.375%, 04/15/32 | $ | 57,446 | |||||||
79,944,787 | 2.125%, 02/15/40 | 93,803 | |||||||||
75,373,952 | 2.125%, 02/15/41 | 88,930 | |||||||||
213,989,514 | 0.750%, 02/15/42 | 187,222 | |||||||||
117,931,860 | 0.625%, 02/15/43 | 99,371 | |||||||||
85,213,420 | 1.375%, 02/15/44 | 86,370 | |||||||||
15,150,300 | 0.750%, 02/15/45 | 13,153 | |||||||||
United States Treasury Note | |||||||||||
15,000,000 | 1.625%, 06/30/20 | 14,942 | |||||||||
TOTAL U.S. TREASURY SECURITIES | 6,591,359 | ||||||||||
TOTAL GOVERNMENT BONDS | |||||||||||
(Cost $6,461,845) | 6,616,536 | ||||||||||
SHORT-TERM INVESTMENTS - 0.3% | |||||||||||
GOVERNMENT AGENCY DEBT - 0.3% | |||||||||||
Federal Home Loan Bank (FHLB) | |||||||||||
20,000,000 | 0.100% 01/20/12 | 19,999 | |||||||||
TOTAL GOVERNMENT AGENCY DEBT | 19,999 | ||||||||||
TOTAL SHORT-TERM INVESTMENTS | 19,999 | ||||||||||
(Cost $19,999) | |||||||||||
TOTAL INVESTMENTS - 99.4% | 6,636,535 | ||||||||||
(Cost $6,481,844) | |||||||||||
OTHER ASSETS AND LIABILITIES, NET - 0.6% | 36,831 | ||||||||||
NET ASSETS - 100.0% | $ | 6,673,366 | |||||||||
k | Principal amount for interest accrual purposes is periodically adjusted based on changes in the Consumer Price Index. | |||||||||
Cost amounts are in thousands. |
350 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
COLLEGE RETIREMENT EQUITIES FUND
SOCIAL CHOICE ACCOUNT
SCHEDULE OF INVESTMENTS
December 31, 2015
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
BANK LOAN OBLIGATIONS - 0.3% | ||||||||||||||||
ENERGY - 0.1% | ||||||||||||||||
$ | 781,801 | i | Granite Acquisition, Inc | 5.000 | % | 12/19/21 | $ | 696 | ||||||||
17,590,517 | i | Granite Acquisition, Inc | 5.000 | 12/19/21 | 15,656 | |||||||||||
TOTAL ENERGY | 16,352 | |||||||||||||||
MEDIA - 0.0% | ||||||||||||||||
3,175,000 | i | CCO Safari III LLC | 3.500 | 01/24/23 | 3,169 | |||||||||||
TOTAL MEDIA | 3,169 | |||||||||||||||
UTILITIES - 0.2% | ||||||||||||||||
9,891,676 | i | ExGen Renewables I LLC | 5.250 | 02/06/21 | 9,892 | |||||||||||
15,297,101 | i | Terra-Gen Finance Co LLC | 5.250 | 12/09/21 | 14,226 | |||||||||||
TOTAL UTILITIES | 24,118 | |||||||||||||||
TOTAL BANK LOAN OBLIGATIONS | 43,639 | |||||||||||||||
(Cost $46,460) | ||||||||||||||||
BONDS - 39.0% | ||||||||||||||||
CORPORATE BONDS - 12.3% | ||||||||||||||||
AUTOMOBILES & COMPONENTS - 0.3% | ||||||||||||||||
7,550,000 | Delphi Automotive plc | 3.150 | 11/19/20 | 7,541 | ||||||||||||
16,500,000 | Harley-Davidson, Inc | 4.625 | 07/28/45 | 16,178 | ||||||||||||
4,500,000 | Johnson Controls, Inc | 2.600 | 12/01/16 | 4,544 | ||||||||||||
3,250,000 | Johnson Controls, Inc | 5.000 | 03/30/20 | 3,479 | ||||||||||||
4,675,000 | Magna International, Inc | 3.625 | 06/15/24 | 4,571 | ||||||||||||
TOTAL AUTOMOBILES & COMPONENTS | 36,313 | |||||||||||||||
BANKS - 2.8% | ||||||||||||||||
34,500,000 | Bank of America Corp | 1.350 | 11/21/16 | 34,454 | ||||||||||||
51,000,000 | Bank of America Corp | 1.950 | 05/12/18 | 50,710 | ||||||||||||
18,500,000 | e | Bank of Nova Scotia | 2.125 | 09/11/19 | 18,482 | |||||||||||
21,000,000 | i | BOK Financial Corp | 1.052 | 05/15/17 | 20,912 | |||||||||||
7,025,000 | Cooperatieve Centrale Raiffeisen-Boerenleenbank BA | 3.950 | 11/09/22 | 7,112 | ||||||||||||
6,157,000 | Discover Bank | 4.200 | 08/08/23 | 6,290 | ||||||||||||
5,000,000 | g | DNB Boligkreditt AS. | 2.000 | 05/28/20 | 4,913 | |||||||||||
10,000,000 | First Niagara Financial Group, Inc | 6.750 | 03/19/20 | 11,366 | ||||||||||||
43,000,000 | g | ING Bank NV | 2.000 | 11/26/18 | 42,829 | |||||||||||
11,500,000 | e,g | Intesa Sanpaolo S.p.A | 5.017 | 06/26/24 | 11,320 | |||||||||||
9,913,000 | Manufacturers & Traders Trust Co | 6.625 | 12/04/17 | 10,773 |
351 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 14,000,000 | Manufacturers & Traders Trust Co | 1.450 | % | 03/07/18 | $ | 13,851 | |||||||||
4,644,000 | i | Manufacturers & Traders Trust Co | 1.637 | 12/28/20 | 4,638 | |||||||||||
6,076,000 | i | Manufacturers & Traders Trust Co | 5.629 | 12/01/21 | 5,988 | |||||||||||
2,475,000 | Manufacturers & Traders Trust Co | 2.900 | 02/06/25 | 2,397 | ||||||||||||
3,314,000 | Northern Trust Corp | 3.375 | 08/23/21 | 3,441 | ||||||||||||
18,257,000 | People’s United Financial, Inc | 3.650 | 12/06/22 | 17,979 | ||||||||||||
8,245,000 | PNC Bank NA | 2.950 | 01/30/23 | 7,999 | ||||||||||||
12,000,000 | Regions Financial Corp | 2.000 | 05/15/18 | 11,916 | ||||||||||||
16,450,000 | e | Royal Bank of Canada | 1.875 | 02/05/20 | 16,151 | |||||||||||
12,000,000 | Royal Bank of Canada | 2.100 | 10/14/20 | 11,798 | ||||||||||||
14,500,000 | e,g | Skandinaviska Enskilda Banken AB | 1.375 | 05/29/18 | 14,340 | |||||||||||
15,000,000 | g | Skandinaviska Enskilda Banken AB | 2.625 | 11/17/20 | 14,953 | |||||||||||
20,000,000 | SVB Financial Group | 3.500 | 01/29/25 | 19,178 | ||||||||||||
5,300,000 | g | Toronto-Dominion Bank | 1.950 | 04/02/20 | 5,216 | |||||||||||
TOTAL BANKS | 369,006 | |||||||||||||||
CAPITAL GOODS - 0.5% | ||||||||||||||||
2,500,000 | 3M Co | 6.375 | 02/15/28 | 3,240 | ||||||||||||
1,975,000 | Anixter, Inc | 5.125 | 10/01/21 | 1,975 | ||||||||||||
4,575,000 | g | Anixter, Inc | 5.500 | 03/01/23 | 4,598 | |||||||||||
2,386,000 | g | CRH America, Inc | 3.875 | 05/18/25 | 2,371 | |||||||||||
4,600,000 | Ingersoll-Rand Global Holding Co Ltd | 4.250 | 06/15/23 | 4,738 | ||||||||||||
5,155,000 | Pall Corp | 5.000 | 06/15/20 | 5,665 | ||||||||||||
5,625,000 | Parker-Hannifin Corp | 4.200 | 11/21/34 | 5,709 | ||||||||||||
6,980,000 | Pentair Finance S.A. | 2.650 | 12/01/19 | 6,768 | ||||||||||||
5,675,000 | Precision Castparts Corp | 2.500 | 01/15/23 | 5,480 | ||||||||||||
6,400,000 | Rockwell Automation, Inc | 2.050 | 03/01/20 | 6,346 | ||||||||||||
6,000,000 | Rockwell Automation, Inc | 2.875 | 03/01/25 | 5,852 | ||||||||||||
3,300,000 | Rockwell Collins, Inc | 3.100 | 11/15/21 | 3,350 | ||||||||||||
6,125,000 | Rockwell Collins, Inc | 3.700 | 12/15/23 | 6,301 | ||||||||||||
2,500,000 | g | Sealed Air Corp | 5.500 | 09/15/25 | 2,550 | |||||||||||
TOTAL CAPITAL GOODS | 64,943 | |||||||||||||||
COMMERCIAL & PROFESSIONAL SERVICES - 0.2% | ||||||||||||||||
5,300,000 | e | Air Lease Corp | 2.125 | 01/15/18 | 5,207 | |||||||||||
9,075,000 | e | Air Lease Corp | 3.875 | 04/01/21 | 9,120 | |||||||||||
6,525,000 | e | Air Lease Corp | 4.250 | 09/15/24 | 6,395 | |||||||||||
2,730,000 | e | Waste Management, Inc | 4.600 | 03/01/21 | 2,946 | |||||||||||
3,475,000 | e | Waste Management, Inc | 3.900 | 03/01/35 | 3,249 | |||||||||||
TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 26,917 | |||||||||||||||
CONSUMER DURABLES & APPAREL - 0.0% | ||||||||||||||||
2,925,000 | Whirlpool Corp | 5.150 | 03/01/43 | 2,876 | ||||||||||||
TOTAL CONSUMER DURABLES & APPAREL | 2,876 | |||||||||||||||
CONSUMER SERVICES - 0.5% | ||||||||||||||||
4,000,000 | American National Red Cross | 5.567 | 11/15/17 | 4,258 | ||||||||||||
10,000,000 | Henry J Kaiser Family Foundation | 3.356 | 12/01/25 | 10,076 | ||||||||||||
1,250,000 | e | McDonald’s Corp | 5.000 | 02/01/19 | 1,351 | |||||||||||
19,000,000 | Metropolitan Museum of Art | 3.400 | 07/01/45 | 17,273 | ||||||||||||
7,550,000 | Nature Conservancy | 6.300 | 07/01/19 | 8,371 | ||||||||||||
17,500,000 | New York Public Library Astor Lenox & Tilden Foundations | 4.305 | 07/01/45 | 16,443 | ||||||||||||
5,145,000 | Salvation Army | 5.637 | 09/01/26 | 5,603 | ||||||||||||
TOTAL CONSUMER SERVICES | 63,375 |
352 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
DIVERSIFIED FINANCIALS - 1.0% | ||||||||||||||||
$ | 750,000 | g,i | Armor Re Ltd | 4.243 | % | 12/15/16 | $ | 748 | ||||||||
2,675,000 | Bank of New York Mellon Corp | 5.450 | 05/15/19 | 2,953 | ||||||||||||
14,750,000 | g | Caisse Centrale Desjardins du Quebec | 1.600 | 03/06/17 | 14,801 | |||||||||||
2,169,000 | Discover Financial Services | 3.850 | 11/21/22 | 2,151 | ||||||||||||
9,000,000 | g | EDP Finance BV | 4.125 | 01/15/20 | 9,021 | |||||||||||
9,500,000 | e,g | EDP Finance BV | 5.250 | 01/14/21 | 9,817 | |||||||||||
7,875,000 | e | Ford Motor Credit Co LLC | 2.375 | 01/16/18 | 7,857 | |||||||||||
11,700,000 | Ford Motor Credit Co LLC | 3.200 | 01/15/21 | 11,622 | ||||||||||||
14,850,000 | Ford Motor Credit Co LLC | 4.134 | 08/04/25 | 14,805 | ||||||||||||
2,300,000 | Legg Mason, Inc | 3.950 | 07/15/24 | 2,263 | ||||||||||||
45,500,000 | Morgan Stanley | 2.200 | 12/07/18 | 45,529 | ||||||||||||
9,750,000 | g | RCI Banque S.A. | 3.500 | 04/03/18 | 9,940 | |||||||||||
TOTAL DIVERSIFIED FINANCIALS | 131,507 | |||||||||||||||
ENERGY - 0.9% | ||||||||||||||||
1,848,000 | e,g | California Resources Corp | 8.000 | 12/15/22 | 973 | |||||||||||
689,000 | e | California Resources Corp | 6.000 | 11/15/24 | 210 | |||||||||||
4,145,000 | Continental Resources, Inc | 5.000 | 09/15/22 | 3,057 | ||||||||||||
2,500,000 | e | Devon Energy Corp | 6.300 | 01/15/19 | 2,576 | |||||||||||
3,000,000 | e | EOG Resources, Inc | 4.100 | 02/01/21 | 3,165 | |||||||||||
8,450,000 | EOG Resources, Inc | 3.900 | 04/01/35 | 7,732 | ||||||||||||
1,526,000 | Marathon Oil Corp | 5.900 | 03/15/18 | 1,543 | ||||||||||||
7,450,000 | Marathon Petroleum Corp | 4.750 | 09/15/44 | 6,090 | ||||||||||||
3,025,000 | e | National Oilwell Varco, Inc | 1.350 | 12/01/17 | 2,960 | |||||||||||
2,500,000 | Noble Energy, Inc | 8.250 | 03/01/19 | 2,796 | ||||||||||||
3,290,000 | e | Noble Energy, Inc | 5.050 | 11/15/44 | 2,656 | |||||||||||
2,150,000 | g | Northern Natural Gas Co | 4.100 | 09/15/42 | 2,075 | |||||||||||
9,000,000 | e | Phillips 66 | 4.650 | 11/15/34 | 8,431 | |||||||||||
2,575,000 | e | Southwestern Energy Co | 3.300 | 01/23/18 | 2,112 | |||||||||||
5,300,000 | e | Southwestern Energy Co | 4.050 | 01/23/20 | 3,843 | |||||||||||
5,000,000 | Spectra Energy Capital LLC | 5.650 | 03/01/20 | 5,253 | ||||||||||||
9,000,000 | i | Statoil ASA | 0.544 | 11/09/17 | 8,954 | |||||||||||
9,000,000 | e,i | Statoil ASA | 0.652 | 05/15/18 | 8,947 | |||||||||||
9,500,000 | Statoil ASA | 3.150 | 01/23/22 | 9,476 | ||||||||||||
4,500,000 | e | Statoil ASA | 2.650 | 01/15/24 | 4,211 | |||||||||||
5,932,000 | Statoil ASA | 3.950 | 05/15/43 | 5,358 | ||||||||||||
12,150,000 | g | Texas Eastern Transmission LP | 2.800 | 10/15/22 | 10,800 | |||||||||||
6,175,000 | e | Weatherford International Ltd | 4.500 | 04/15/22 | 4,446 | |||||||||||
12,350,000 | g | Woodside Finance Ltd | 3.650 | 03/05/25 | 10,947 | |||||||||||
TOTAL ENERGY | 118,611 | |||||||||||||||
FOOD & STAPLES RETAILING - 0.0% | ||||||||||||||||
1,451,000 | Safeway, Inc | 3.400 | 12/01/16 | 1,436 | ||||||||||||
TOTAL FOOD & STAPLES RETAILING | 1,436 | |||||||||||||||
FOOD, BEVERAGE & TOBACCO - 0.1% | ||||||||||||||||
4,678,000 | Kellogg Co | 4.000 | 12/15/20 | 4,921 | ||||||||||||
3,250,000 | e | Mead Johnson Nutrition Co | 3.000 | 11/15/20 | 3,250 | |||||||||||
5,075,000 | Mead Johnson Nutrition Co | 4.125 | 11/15/25 | 5,116 | ||||||||||||
428,000 | PepsiCo, Inc | 7.900 | 11/01/18 | 502 |
353 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 3,526,000 | PepsiCo, Inc | 3.600 | % | 08/13/42 | $ | 3,192 | |||||||||
TOTAL FOOD, BEVERAGE & TOBACCO | 16,981 | |||||||||||||||
HEALTH CARE EQUIPMENT & SERVICES - 0.2% | ||||||||||||||||
4,000,000 | Becton Dickinson & Co | 5.000 | 05/15/19 | 4,321 | ||||||||||||
3,250,000 | Laboratory Corp of America Holdings | 2.625 | 02/01/20 | 3,210 | ||||||||||||
9,000,000 | Laboratory Corp of America Holdings | 3.200 | 02/01/22 | 8,836 | ||||||||||||
5,375,000 | Owens & Minor, Inc | 3.875 | 09/15/21 | 5,354 | ||||||||||||
5,000,000 | Thermo Fisher Scientific, Inc | 1.300 | 02/01/17 | 4,982 | ||||||||||||
TOTAL HEALTH CARE EQUIPMENT & SERVICES | 26,703 | |||||||||||||||
INSURANCE - 0.4% | ||||||||||||||||
1,600,000 | g,i | Merna Reinsurance IV Ltd | 2.663 | 04/08/16 | 1,600 | |||||||||||
3,100,000 | Progressive Corp | 3.750 | 08/23/21 | 3,278 | ||||||||||||
9,000,000 | Progressive Corp | 3.700 | 01/26/45 | 8,145 | ||||||||||||
15,000,000 | i | Prudential Financial, Inc | 5.200 | 03/15/44 | 14,482 | |||||||||||
7,450,000 | i | Prudential Financial, Inc | 5.375 | 05/15/45 | 7,441 | |||||||||||
10,550,000 | g | Swiss Re Treasury US Corp | 2.875 | 12/06/22 | 10,195 | |||||||||||
8,687,000 | g | Swiss Re Treasury US Corp | 4.250 | 12/06/42 | 8,198 | |||||||||||
2,000,000 | Travelers Cos, Inc | 5.900 | 06/02/19 | 2,252 | ||||||||||||
TOTAL INSURANCE | 55,591 | |||||||||||||||
MATERIALS - 0.6% | ||||||||||||||||
4,405,000 | Agrium, Inc | 3.150 | 10/01/22 | 4,214 | ||||||||||||
2,275,000 | e | Ball Corp | 5.000 | 03/15/22 | 2,321 | |||||||||||
8,930,000 | Ball Corp | 4.000 | 11/15/23 | 8,517 | ||||||||||||
10,000,000 | e | Ball Corp | 5.250 | 07/01/25 | 10,225 | |||||||||||
5,750,000 | Domtar Corp | 4.400 | 04/01/22 | 5,848 | ||||||||||||
2,300,000 | Eastman Chemical Co | 5.500 | 11/15/19 | 2,506 | ||||||||||||
7,050,000 | Eastman Chemical Co | 2.700 | 01/15/20 | 6,983 | ||||||||||||
7,500,000 | International Paper Co | 5.000 | 09/15/35 | 7,438 | ||||||||||||
5,000,000 | International Paper Co | 6.000 | 11/15/41 | 5,243 | ||||||||||||
4,000,000 | International Paper Co | 4.800 | 06/15/44 | 3,636 | ||||||||||||
10,000,000 | LyondellBasell Industries NV | 4.625 | 02/26/55 | 8,110 | ||||||||||||
5,000,000 | e | MeadWestvaco Corp | 7.375 | 09/01/19 | 5,699 | |||||||||||
5,000,000 | e | Nucor Corp | 4.000 | 08/01/23 | 4,850 | |||||||||||
TOTAL MATERIALS | 75,590 | |||||||||||||||
MEDIA - 0.2% | ||||||||||||||||
3,125,000 | g | CCO Safari II LLC | 3.579 | 07/23/20 | 3,107 | |||||||||||
7,925,000 | e,g | CCO Safari II LLC | 4.464 | 07/23/22 | 7,898 | |||||||||||
4,725,000 | e,g | CCO Safari II LLC | 4.908 | 07/23/25 | 4,720 | |||||||||||
7,225,000 | Time Warner Cable, Inc | 8.250 | 04/01/19 | 8,303 | ||||||||||||
5,500,000 | Time Warner Cable, Inc | 4.500 | 09/15/42 | 4,316 | ||||||||||||
TOTAL MEDIA | 28,344 | |||||||||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.2% | ||||||||||||||||
2,550,000 | e | Biogen, Inc | 2.900 | 09/15/20 | 2,544 | |||||||||||
7,000,000 | e | Biogen, Inc | 3.625 | 09/15/22 | 7,078 | |||||||||||
12,733,000 | e | Bristol-Myers Squibb Co | 3.250 | 08/01/42 | 11,026 | |||||||||||
3,300,000 | Zoetis, Inc | 3.450 | 11/13/20 | 3,304 | ||||||||||||
4,400,000 | e | Zoetis, Inc | 4.500 | 11/13/25 | 4,462 | |||||||||||
TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 28,414 |
354 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
REAL ESTATE - 0.5% | ||||||||||||||||
$ | 10,000,000 | Equity One, Inc | 3.750 | % | 11/15/22 | $ | 9,657 | |||||||||
3,500,000 | Federal Realty Investment Trust | 2.750 | 06/01/23 | 3,345 | ||||||||||||
3,400,000 | Healthcare Realty Trust, Inc | 5.750 | 01/15/21 | 3,751 | ||||||||||||
16,355,000 | Kilroy Realty LP | 3.800 | 01/15/23 | 16,212 | ||||||||||||
5,450,000 | Kilroy Realty LP | 4.375 | 10/01/25 | 5,521 | ||||||||||||
4,825,000 | Mid-America Apartments LP | 4.000 | 11/15/25 | 4,794 | ||||||||||||
15,854,000 | e | Regency Centers LP | 3.750 | 06/15/24 | 15,752 | |||||||||||
4,650,000 | Regency Centers LP | 3.900 | 11/01/25 | 4,641 | ||||||||||||
2,400,000 | e | Ventas Realty LP | 3.250 | 08/15/22 | 2,336 | |||||||||||
TOTAL REAL ESTATE | 66,009 | |||||||||||||||
TECHNOLOGY HARDWARE & EQUIPMENT - 0.1% | ||||||||||||||||
3,375,000 | CC Holdings GS V LLC | 2.381 | 12/15/17 | 3,379 | ||||||||||||
11,000,000 | g | Hewlett-Packard Enterprise Co | 2.850 | 10/05/18 | 10,996 | |||||||||||
5,475,000 | e | Motorola Solutions, Inc | 3.500 | 09/01/21 | 5,152 | |||||||||||
TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 19,527 | |||||||||||||||
TELECOMMUNICATION SERVICES - 0.1% | ||||||||||||||||
3,400,000 | e | CenturyLink, Inc | 6.750 | 12/01/23 | 3,188 | |||||||||||
8,325,000 | Sprint Corp | 7.250 | 09/15/21 | 6,202 | ||||||||||||
TOTAL TELECOMMUNICATION SERVICES | 9,390 | |||||||||||||||
TRANSPORTATION - 1.0% | ||||||||||||||||
9,500,000 | e,i | Canadian National Railway Co | 0.532 | 11/14/17 | 9,424 | |||||||||||
2,500,000 | Delta Airlines | 4.250 | 07/30/23 | 2,519 | ||||||||||||
5,925,000 | Delta Airlines | 3.625 | 07/30/27 | 5,999 | ||||||||||||
2,100,000 | GATX Corp | 2.500 | 03/15/19 | 2,067 | ||||||||||||
2,545,000 | GATX Corp | 2.500 | 07/30/19 | 2,505 | ||||||||||||
23,500,000 | e | GATX Corp | 2.600 | 03/30/20 | 22,872 | |||||||||||
7,250,000 | GATX Corp | 5.200 | 03/15/44 | 6,920 | ||||||||||||
9,925,000 | g | Kansas City Southern | 4.950 | 08/15/45 | 9,712 | |||||||||||
2,500,000 | Norfolk Southern Corp | 5.750 | 01/15/16 | 2,503 | ||||||||||||
5,000,000 | Norfolk Southern Corp | 3.250 | 12/01/21 | 4,988 | ||||||||||||
6,894,000 | Norfolk Southern Corp | 2.903 | 02/15/23 | 6,661 | ||||||||||||
475,000 | e | Norfolk Southern Corp | 5.590 | 05/17/25 | 543 | |||||||||||
7,500,000 | Norfolk Southern Corp | 4.450 | 06/15/45 | 7,062 | ||||||||||||
6,900,000 | Ryder System, Inc | 2.550 | 06/01/19 | 6,860 | ||||||||||||
3,450,000 | Southwest Airlines Co | 2.750 | 11/06/19 | 3,478 | ||||||||||||
8,900,000 | Spirit Airlines, Inc | 4.100 | 04/01/28 | 8,767 | ||||||||||||
4,050,000 | e | Union Pacific Corp | 3.375 | 02/01/35 | 3,658 | |||||||||||
5,388,060 | Union Pacific Railroad Co | 3.227 | 05/14/26 | 5,376 | ||||||||||||
10,000,000 | Union Pacific Railroad Co | 2.695 | 05/12/27 | 9,689 | ||||||||||||
1,360,000 | i | United Parcel Service of America, Inc (Step Bond) | 8.375 | 04/01/30 | 1,909 | |||||||||||
TOTAL TRANSPORTATION | 123,512 | |||||||||||||||
UTILITIES - 2.7% | ||||||||||||||||
12,475,000 | AGL Capital Corp | 3.875 | 11/15/25 | 12,555 | ||||||||||||
2,000,000 | e | Atmos Energy Corp | 8.500 | 03/15/19 | 2,345 |
355 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 1,200,000 | Connecticut Light & Power Co | 5.500 | % | 02/01/19 | $ | 1,318 | |||||||||
2,000,000 | Connecticut Light & Power Co | 5.750 | 03/01/37 | 2,357 | ||||||||||||
3,000,000 | Connecticut Light & Power Co | 4.150 | 06/01/45 | 2,965 | ||||||||||||
8,955,717 | g | Continental Wind LLC | 6.000 | 02/28/33 | 9,888 | |||||||||||
10,000,000 | Delmarva Power & Light Co | 4.150 | 05/15/45 | 9,567 | ||||||||||||
25,000,000 | e,g | Electricite de France S.A. | 3.625 | 10/13/25 | 24,452 | |||||||||||
872,705 | g | Great River Energy | 5.829 | 07/01/17 | 894 | |||||||||||
2,745,000 | g | International Transmission Co | 4.625 | 08/15/43 | 2,844 | |||||||||||
7,575,000 | Interstate Power & Light Co | 3.250 | 12/01/24 | 7,620 | ||||||||||||
6,275,000 | Interstate Power & Light Co | 3.400 | 08/15/25 | 6,313 | ||||||||||||
9,250,000 | g | Narragansett Electric Co | 4.170 | 12/10/42 | 8,649 | |||||||||||
9,450,000 | NextEra Energy Capital Holdings, Inc | 2.700 | 09/15/19 | 9,408 | ||||||||||||
9,600,000 | g | Niagara Mohawk Power Corp | 4.278 | 10/01/34 | 9,427 | |||||||||||
9,750,000 | g | Niagara Mohawk Power Corp | 4.119 | 11/28/42 | 9,023 | |||||||||||
1,500,000 | Northwest Natural Gas Co | 5.620 | 11/21/23 | 1,699 | ||||||||||||
10,000,000 | NorthWestern Corp | 4.176 | 11/15/44 | 9,831 | ||||||||||||
1,065,000 | i | NSTAR Electric Co | 0.604 | 05/17/16 | 1,064 | |||||||||||
630,000 | Public Service Co of Colorado | 4.750 | 08/15/41 | 678 | ||||||||||||
10,000,000 | Public Service Co of New Hampshire | 3.500 | 11/01/23 | 10,251 | ||||||||||||
13,000,000 | i | San Diego Gas & Electric Co | 0.677 | 03/09/17 | 12,968 | |||||||||||
5,500,000 | San Diego Gas & Electric Co | 3.000 | 08/15/21 | 5,617 | ||||||||||||
6,383,933 | San Diego Gas & Electric Co | 1.914 | 02/01/22 | 6,273 | ||||||||||||
620,000 | San Diego Gas & Electric Co | 6.000 | 06/01/39 | 771 | ||||||||||||
8,875,000 | Sierra Pacific Power Co | 3.375 | 08/15/23 | 8,981 | ||||||||||||
27,000,000 | g | Solar Star Funding LLC | 3.950 | 06/30/35 | 26,657 | |||||||||||
7,950,000 | g | Solar Star Funding LLC | 5.375 | 06/30/35 | 8,836 | |||||||||||
2,000,000 | Southern California Edison Co | 2.400 | 02/01/22 | 1,961 | ||||||||||||
5,975,000 | Southern Power Co | 1.850 | 12/01/17 | 5,972 | ||||||||||||
39,250,000 | e | Southern Power Co | 4.150 | 12/01/25 | 39,203 | |||||||||||
12,500,000 | i | TECO Finance, Inc | 0.920 | 04/10/18 | 12,336 | |||||||||||
16,000,000 | e,g | TerraForm Power Operating LLC | 5.875 | 02/01/23 | 13,240 | |||||||||||
5,000,000 | g | Texas Eastern Transmission LP | 4.125 | 12/01/20 | 4,995 | |||||||||||
20,586,872 | g | Topaz Solar Farms LLC | 4.875 | 09/30/39 | 21,267 | |||||||||||
14,091,767 | g | Topaz Solar Farms LLC | 5.750 | 09/30/39 | 15,549 | |||||||||||
5,000,000 | Washington Gas Light Co | 5.440 | 08/11/25 | 5,527 | ||||||||||||
1,400,000 | e | WEC Energy Group, Inc | 3.550 | 06/15/25 | 1,408 | |||||||||||
16,525,000 | WGL Holdings, Inc | 2.250 | 11/01/19 | 16,429 | ||||||||||||
7,000,000 | Wisconsin Electric Power Co | 3.650 | 12/15/42 | 6,411 | ||||||||||||
TOTAL UTILITIES | 357,549 | |||||||||||||||
TOTAL CORPORATE BONDS | 1,622,594 | |||||||||||||||
(Cost $1,643,632) | ||||||||||||||||
GOVERNMENT BONDS - 23.3% | ||||||||||||||||
AGENCY SECURITIES - 4.3% | ||||||||||||||||
8,316,735 | Ethiopian Leasing 2012 LLC | 2.566 | 08/14/26 | 8,296 | ||||||||||||
4,040,562 | Export Lease Ten Co LLC | 1.650 | 05/07/25 | 3,899 | ||||||||||||
5,500,000 | Federal Home Loan Bank (FHLB) | 5.000 | 11/17/17 | 5,894 | ||||||||||||
6,333,333 | FHLB | 2.350 | 08/08/22 | 6,237 | ||||||||||||
5,000,000 | Federal Home Loan Mortgage Corp (FHLMC) | 1.000 | 09/29/17 | 4,986 | ||||||||||||
6,400,000 | Federal National Mortgage Association (FNMA) | 1.125 | 04/27/17 | 6,411 | ||||||||||||
7,000,000 | FNMA | 1.625 | 01/21/20 | 6,987 |
356 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 15,500,000 | FNMA | 2.625 | % | 09/06/24 | $ | 15,674 | |||||||||
2,290,826 | g | Genesis Solar 2011 Pass Through Trust | 3.875 | 02/15/38 | 2,442 | |||||||||||
1,096,000 | j | Government Trust Certificate | 0.000 | 04/01/19 | 1,031 | |||||||||||
5,000,000 | j | Government Trust Certificate | 0.000 | 04/01/21 | 4,401 | |||||||||||
33,000,000 | Hashemite Kingdom of Jordan Government AID Bond | 2.503 | 10/30/20 | 33,836 | ||||||||||||
8,030,000 | g | Hospital for Special Surgery | 3.500 | 01/01/23 | 8,138 | |||||||||||
8,625,000 | i | India Government AID Bond | 0.429 | 02/01/27 | 8,248 | |||||||||||
6,425,000 | Lutheran Medical Center | 1.982 | 02/20/30 | 6,135 | ||||||||||||
8,437,500 | Mexican Aircraft Finance V LLC | 2.329 | 01/14/27 | 8,361 | ||||||||||||
3,735,000 | g | Montefiore Medical Center | 3.896 | 05/20/27 | 3,715 | |||||||||||
38,826 | National Credit Union Administration | 1.840 | 10/07/20 | 39 | ||||||||||||
1,000,000 | NCUA Guaranteed Notes | 2.350 | 06/12/17 | 1,022 | ||||||||||||
11,450,000 | NCUA Guaranteed Notes | 3.000 | 06/12/19 | 11,952 | ||||||||||||
7,000,000 | NCUA Guaranteed Notes | 3.450 | 06/12/21 | 7,590 | ||||||||||||
18,340,000 | New York Society for the Relief of the Ruptured & Crippled | 2.881 | 12/20/31 | 17,979 | ||||||||||||
3,000,000 | j | Overseas Private Investment Corp (OPIC) | 0.000 | 04/30/17 | 3,190 | |||||||||||
10,750,000 | j | OPIC | 0.000 | 11/17/17 | 10,955 | |||||||||||
5,700,000 | j | OPIC | 0.000 | 11/15/19 | 5,828 | |||||||||||
4,774,963 | OPIC | 2.290 | 09/15/26 | 4,788 | ||||||||||||
2,605,035 | OPIC | 2.040 | 12/15/26 | 2,580 | ||||||||||||
7,462,730 | OPIC | 4.440 | 02/27/27 | 8,227 | ||||||||||||
9,750,000 | OPIC | 2.740 | 09/15/29 | 9,456 | ||||||||||||
12,000,000 | OPIC | 3.220 | 09/15/29 | 12,094 | ||||||||||||
13,500,000 | OPIC | 3.280 | 09/15/29 | 13,669 | ||||||||||||
2,459,027 | OPIC | 2.610 | 04/15/30 | 2,359 | ||||||||||||
4,370,000 | OPIC | 2.930 | 05/15/30 | 4,314 | ||||||||||||
7,222,000 | OPIC | 3.040 | 05/15/30 | 7,302 | ||||||||||||
8,529,444 | OPIC | 3.540 | 06/15/30 | 8,986 | ||||||||||||
21,940,297 | OPIC | 3.370 | 12/15/30 | 22,826 | ||||||||||||
22,596,306 | OPIC | 3.820 | 12/20/32 | 23,856 | ||||||||||||
14,578,262 | OPIC | 3.938 | 12/20/32 | 15,428 | ||||||||||||
12,495,573 | OPIC | 3.160 | 06/01/33 | 12,398 | ||||||||||||
11,995,750 | OPIC | 3.430 | 06/01/33 | 12,239 | ||||||||||||
2,000,000 | OPIC | 2.940 | 07/31/33 | 1,956 | ||||||||||||
9,750,000 | Private Export Funding Corp (PEFCO) | 2.125 | 07/15/16 | 9,808 | ||||||||||||
11,750,000 | PEFCO | 1.375 | 02/15/17 | 11,774 | ||||||||||||
8,000,000 | PEFCO | 2.250 | 12/15/17 | 8,133 | ||||||||||||
5,000,000 | PEFCO | 4.375 | 03/15/19 | 5,407 | ||||||||||||
5,854,000 | PEFCO | 1.450 | 08/15/19 | 5,739 | ||||||||||||
13,150,000 | PEFCO | 2.250 | 03/15/20 | 13,249 | ||||||||||||
8,000,000 | PEFCO | 2.300 | 09/15/20 | 8,052 | ||||||||||||
17,500,000 | PEFCO | 4.300 | 12/15/21 | 19,216 | ||||||||||||
8,250,000 | PEFCO | 2.050 | 11/15/22 | 7,922 | ||||||||||||
4,000,000 | PEFCO | 3.550 | 01/15/24 | 4,219 | ||||||||||||
5,335,000 | PEFCO | 2.450 | 07/15/24 | 5,161 | ||||||||||||
8,000,000 | PEFCO | 3.250 | 06/15/25 | 8,215 | ||||||||||||
2,850,568 | Tayarra Ltd | 3.628 | 02/15/22 | 2,990 | ||||||||||||
2,755,030 | Tricahue Leasing LLC | 3.503 | 11/19/21 | 2,878 | ||||||||||||
9,250,000 | Ukraine Government AID Bonds | 1.844 | 05/16/19 | 9,226 | ||||||||||||
15,300,000 | Ukraine Government AID Bonds | 1.847 | 05/29/20 | 15,237 | ||||||||||||
7,916,667 | Ulani MSN 35940 LLC | 2.227 | 05/16/25 | 7,857 | ||||||||||||
10,750,000 | United States Department of Housing and Urban Development (HUD) | 1.770 | 08/01/18 | 10,844 |
357 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 750,000 | HUD | 2.050 | % | 08/01/19 | $ | 760 | |||||||||
9,500,000 | HUD | 4.870 | 08/01/19 | 10,484 | ||||||||||||
3,217,000 | HUD | 2.910 | 08/01/23 | 3,323 | ||||||||||||
3,894,000 | HUD | 2.910 | 08/01/17 | 4,010 | ||||||||||||
8,000,000 | HUD | 4.560 | 08/01/17 | 8,440 | ||||||||||||
5,007,000 | HUD | 5.380 | 08/01/18 | 5,149 | ||||||||||||
13,967,000 | HUD | 4.960 | 08/01/20 | 15,602 | ||||||||||||
13,500,000 | HUD | 5.050 | 08/01/21 | 15,092 | ||||||||||||
7,810,000 | UNM Sandoval Regional Medical Center | 4.500 | 07/20/36 | 8,046 | ||||||||||||
3,750,000 | VRG Linhas Aereas S.A. | 0.983 | 03/13/18 | 3,725 | ||||||||||||
8,350,807 | Zarapito Leasing LLC | 2.628 | 11/12/26 | 8,396 | ||||||||||||
TOTAL AGENCY SECURITIES | 594,678 | |||||||||||||||
FOREIGN GOVERNMENT BONDS - 4.7% | ||||||||||||||||
24,000,000 | African Development Bank | 0.750 | 10/18/16 | 23,981 | ||||||||||||
26,000,000 | African Development Bank | 1.375 | 12/17/18 | 25,957 | ||||||||||||
13,550,000 | e | African Development Bank | 2.375 | 09/23/21 | 13,764 | |||||||||||
17,500,000 | Asian Development Bank | 2.125 | 03/19/25 | 17,079 | ||||||||||||
6,000,000 | g | Caisse d’Amortissement de la Dette Sociale | 2.000 | 04/17/20 | 6,005 | |||||||||||
6,300,000 | Canada Government International Bond | 0.875 | 02/14/17 | 6,295 | ||||||||||||
9,000,000 | Canada Government International Bond | 1.125 | 03/19/18 | 8,974 | ||||||||||||
7,446,039 | g | Carpintero Finance Ltd | 2.004 | 09/18/24 | 7,330 | |||||||||||
25,000,000 | European Bank for Reconstruction & Development | 1.625 | 04/10/18 | 25,081 | ||||||||||||
2,000,000 | European Investment Bank | 4.875 | 02/15/36 | 2,487 | ||||||||||||
38,470,000 | Export Development Canada | 0.875 | 01/30/17 | 38,429 | ||||||||||||
16,275,000 | Export Development Canada | 1.250 | 12/10/18 | 16,173 | ||||||||||||
9,000,000 | Export Development Canada | 1.625 | 12/03/19 | 8,970 | ||||||||||||
18,175,000 | Export-Import Bank of Korea | 1.750 | 02/27/18 | 17,994 | ||||||||||||
15,000,000 | g | Finnvera Oyj | 2.375 | 06/04/25 | 14,514 | |||||||||||
10,200,000 | Hydro Quebec | 1.375 | 06/19/17 | 10,222 | ||||||||||||
6,082,000 | Hydro Quebec | 8.400 | 01/15/22 | 7,860 | ||||||||||||
45,000,000 | Inter-American Development Bank | 1.185 | 07/09/18 | 44,840 | ||||||||||||
3,000,000 | International Bank for Reconstruction & Development | 2.000 | 10/20/16 | 3,032 | ||||||||||||
4,000,000 | International Finance Corp | 0.500 | 05/16/16 | 3,997 | ||||||||||||
19,075,000 | International Finance Corp | 1.250 | 11/27/18 | 18,868 | ||||||||||||
29,000,000 | g,i | International Finance Facility for Immunisation | 0.803 | 07/05/16 | 29,001 | |||||||||||
2,850,000 | Italy Government International Bond | 5.375 | 06/12/17 | 2,996 | ||||||||||||
5,000,000 | e | KFW | 1.000 | 01/26/18 | 4,973 | |||||||||||
23,000,000 | e | KFW | 1.750 | 10/15/19 | 23,043 | |||||||||||
11,500,000 | KFW | 1.500 | 04/20/20 | 11,332 | ||||||||||||
68,200,000 | KFW | 1.875 | 11/30/20 | 67,893 | ||||||||||||
10,000,000 | KFW | 2.625 | 01/25/22 | 10,263 | ||||||||||||
12,500,000 | g | Kommunalbanken AS. | 2.125 | 02/11/25 | 11,981 | |||||||||||
9,637,000 | e | Landwirtschaftliche Rentenbank | 2.000 | 01/13/25 | 9,281 | |||||||||||
14,845,000 | North American Development Bank | 2.300 | 10/10/18 | 14,950 | ||||||||||||
36,075,000 | North American Development Bank | 2.400 | 10/26/22 | 35,691 | ||||||||||||
5,000,000 | Province of British Columbia Canada | 1.200 | 04/25/17 | 5,006 | ||||||||||||
15,250,000 | e | Province of Manitoba Canada | 1.750 | 05/30/19 | 15,165 | |||||||||||
15,000,000 | Province of Manitoba Canada | 2.100 | 09/06/22 | 14,548 | ||||||||||||
12,700,000 | e | Province of Manitoba Canada | 3.050 | 05/14/24 | 12,922 | |||||||||||
10,000,000 | Province of New Brunswick Canada | 2.750 | 06/15/18 | 10,265 | ||||||||||||
9,500,000 | Province of Ontario Canada | 1.200 | 02/14/18 | 9,445 | ||||||||||||
5,000,000 | Province of Ontario Canada | 4.400 | 04/14/20 | 5,467 |
358 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 10,000,000 | e | Province of Quebec Canada | 3.500 | % | 07/29/20 | $ | 10,577 | ||||||||
5,000,000 | Province of Quebec Canada | 7.500 | 09/15/29 | 7,196 | ||||||||||||
TOTAL FOREIGN GOVERNMENT BONDS | 633,847 | |||||||||||||||
MORTGAGE BACKED - 8.3% | ||||||||||||||||
4,015,054 | Federal Home Loan Mortgage Corp (FHLMC) | 3.500 | 08/15/34 | 4,131 | ||||||||||||
7,024,291 | FHLMC | 3.000 | 01/15/41 | 7,192 | ||||||||||||
11,777,227 | FHLMC | 3.000 | 09/15/42 | 11,741 | ||||||||||||
2,755,772 | i | FHLMC | 0.681 | 10/15/42 | 2,766 | |||||||||||
8,450,780 | i | FHLMC | 0.681 | 07/15/45 | 8,477 | |||||||||||
34,274,565 | Federal Home Loan Mortgage Corp (FHLMC) | 3.500 | 10/01/45 | 35,397 | ||||||||||||
11,556 | FGLMC | 6.500 | 12/01/16 | 12 | ||||||||||||
58,228 | FGLMC | 6.000 | 12/01/17 | 60 | ||||||||||||
65,576 | FGLMC | 7.000 | 10/01/20 | 69 | ||||||||||||
6,283 | FGLMC | 7.000 | 05/01/23 | 7 | ||||||||||||
22,387 | FGLMC | 8.000 | 01/01/31 | 26 | ||||||||||||
16,000,000 | h | FGLMC | 3.000 | 01/15/31 | 16,485 | |||||||||||
7,000,000 | h | FGLMC | 3.500 | 01/15/31 | 7,316 | |||||||||||
501,050 | FGLMC | 4.500 | 07/01/33 | 542 | ||||||||||||
844,147 | FGLMC | 5.500 | 09/01/33 | 950 | ||||||||||||
940,588 | FGLMC | 5.500 | 09/01/33 | 1,060 | ||||||||||||
1,269,530 | FGLMC | 5.500 | 12/01/33 | 1,410 | ||||||||||||
3,125,808 | FGLMC | 7.000 | 12/01/33 | 3,684 | ||||||||||||
1,124,040 | FGLMC | 7.000 | 05/01/35 | 1,338 | ||||||||||||
143,455 | FGLMC | 5.000 | 02/01/36 | 157 | ||||||||||||
2,164 | FGLMC | 6.500 | 05/01/36 | 2 | ||||||||||||
758,503 | FGLMC | 5.000 | 07/01/39 | 830 | ||||||||||||
3,387,544 | FGLMC | 4.500 | 11/01/40 | 3,725 | ||||||||||||
3,815,197 | FGLMC | 4.500 | 12/01/40 | 4,184 | ||||||||||||
9,575,763 | FGLMC | 4.000 | 08/01/44 | 10,219 | ||||||||||||
938,905 | FGLMC | 4.500 | 10/01/44 | 1,033 | ||||||||||||
1,391,805 | FGLMC | 4.500 | 11/01/44 | 1,532 | ||||||||||||
1,055,874 | FGLMC | 4.500 | 11/01/44 | 1,161 | ||||||||||||
572,479 | FGLMC | 4.500 | 12/01/44 | 622 | ||||||||||||
817,277 | FGLMC | 4.500 | 12/01/44 | 898 | ||||||||||||
3,924,735 | FGLMC | 3.500 | 04/01/45 | 4,055 | ||||||||||||
8,808,624 | FGLMC | 3.500 | 07/01/45 | 9,082 | ||||||||||||
15,000,000 | h | FGLMC | 3.500 | 01/15/46 | 15,436 | |||||||||||
19,000,000 | h | FGLMC | 4.000 | 01/15/46 | 20,066 | |||||||||||
11,082 | Federal National Mortgage Association (FNMA) | 8.000 | 03/01/23 | 12 | ||||||||||||
30,447 | FNMA | 8.000 | 07/01/24 | 36 | ||||||||||||
1,888,493 | FNMA | 3.000 | 01/01/30 | 1,949 | ||||||||||||
2,461,703 | FNMA | 3.000 | 06/01/30 | 2,541 | ||||||||||||
4,139,486 | FNMA | 3.000 | 07/01/30 | 4,273 | ||||||||||||
10,000,000 | h | FNMA | 2.500 | 01/25/31 | 10,077 | |||||||||||
21,000,000 | h | FNMA | 3.000 | 01/25/31 | 21,629 | |||||||||||
18,000,000 | h | FNMA | 2.500 | 02/25/31 | 18,105 | |||||||||||
413,397 | FNMA | 6.500 | 07/01/32 | 477 | ||||||||||||
171,630 | FNMA | 4.500 | 03/25/33 | 174 | ||||||||||||
3,634,615 | FNMA | 5.000 | 06/01/33 | 4,020 | ||||||||||||
7,848,049 | FNMA | 5.000 | 10/01/33 | 8,680 | ||||||||||||
4,500,000 | FNMA | 3.000 | 10/25/33 | 4,461 | ||||||||||||
405,691 | FNMA | 5.000 | 11/01/33 | 446 |
359 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 83,352 | FNMA | 7.000 | % | 01/01/34 | $ | 89 | |||||||||
1,194,722 | FNMA | 5.000 | 03/01/34 | 1,322 | ||||||||||||
2,030,835 | FNMA | 5.500 | 03/01/34 | 2,286 | ||||||||||||
8,165,435 | FNMA | 3.000 | 01/01/35 | 8,335 | ||||||||||||
6,539,846 | FNMA | 5.000 | 05/01/35 | 7,218 | ||||||||||||
4,197,700 | FNMA | 5.000 | 10/01/35 | 4,631 | ||||||||||||
1,579,174 | FNMA | 5.500 | 08/01/37 | 1,773 | ||||||||||||
751,542 | FNMA | 6.000 | 09/01/37 | 859 | ||||||||||||
754,397 | FNMA | 6.000 | 09/01/37 | 866 | ||||||||||||
218,220 | FNMA | 6.500 | 09/01/37 | 249 | ||||||||||||
872,159 | FNMA | 5.500 | 01/01/38 | 983 | ||||||||||||
18,290 | FNMA | 6.500 | 02/01/38 | 21 | ||||||||||||
3,696,722 | FNMA | 5.500 | 11/01/38 | 4,300 | ||||||||||||
5,461,331 | FNMA | 5.500 | 12/01/38 | 6,189 | ||||||||||||
34,919 | FNMA | 4.500 | 04/01/39 | 38 | ||||||||||||
443,832 | FNMA | 4.000 | 07/01/39 | 472 | ||||||||||||
1,879,145 | FNMA | 5.500 | 08/01/39 | 2,126 | ||||||||||||
739,039 | FNMA | 4.500 | 10/01/39 | 799 | ||||||||||||
70,397 | FNMA | 4.500 | 02/01/40 | 77 | ||||||||||||
822,435 | FNMA | 4.500 | 06/01/40 | 890 | ||||||||||||
682,861 | FNMA | 5.000 | 08/01/40 | 753 | ||||||||||||
3,255,903 | FNMA | 5.000 | 09/01/40 | 3,590 | ||||||||||||
1,784,188 | FNMA | 4.500 | 11/01/40 | 1,931 | ||||||||||||
148,782 | FNMA | 4.500 | 11/01/40 | 162 | ||||||||||||
279,459 | FNMA | 4.500 | 01/01/41 | 307 | ||||||||||||
208,951 | FNMA | 4.500 | 02/01/41 | 227 | ||||||||||||
5,065,278 | FNMA | 5.000 | 05/01/41 | 5,593 | ||||||||||||
240,234 | FNMA | 4.500 | 06/01/41 | 264 | ||||||||||||
261,291 | FNMA | 4.500 | 06/01/41 | 285 | ||||||||||||
950,041 | FNMA | 5.000 | 06/01/41 | 1,052 | ||||||||||||
3,001,118 | FNMA | 5.000 | 07/01/41 | 3,325 | ||||||||||||
6,550,547 | FNMA | 3.000 | 08/25/41 | 6,683 | ||||||||||||
2,944,288 | FNMA | 4.500 | 11/01/41 | 3,184 | ||||||||||||
432,644 | FNMA | 4.500 | 12/01/41 | 472 | ||||||||||||
15,048,082 | FNMA | 5.500 | 12/01/41 | 17,210 | ||||||||||||
264,515 | FNMA | 4.500 | 01/01/42 | 289 | ||||||||||||
2,349,447 | FNMA | 3.500 | 02/01/42 | 2,429 | ||||||||||||
8,620,942 | FNMA | 4.500 | 02/01/42 | 9,323 | ||||||||||||
2,892,148 | FNMA | 4.500 | 04/01/42 | 3,129 | ||||||||||||
270,898 | FNMA | 4.500 | 04/01/42 | 296 | ||||||||||||
316,476 | FNMA | 4.500 | 06/01/42 | 345 | ||||||||||||
11,955,142 | FNMA | 4.500 | 06/01/42 | 12,931 | ||||||||||||
12,862,464 | FNMA | 3.500 | 07/01/42 | 13,293 | ||||||||||||
245,483 | FNMA | 4.500 | 07/01/42 | 269 | ||||||||||||
6,491,251 | i | FNMA | 0.922 | 08/25/42 | 6,537 | |||||||||||
209,934 | FNMA | 3.000 | 10/01/42 | 211 | ||||||||||||
11,155,822 | FNMA | 3.000 | 10/01/42 | 11,192 | ||||||||||||
202,400 | FNMA | 3.000 | 10/01/42 | 203 | ||||||||||||
525,722 | FNMA | 3.000 | 11/01/42 | 527 | ||||||||||||
6,006,826 | i | FNMA | 0.822 | 11/25/42 | 5,987 | |||||||||||
6,933,415 | FNMA | 3.500 | 11/25/42 | 1,345 | ||||||||||||
258,165 | FNMA | 3.000 | 12/01/42 | 258 | ||||||||||||
33,000 | FNMA | 3.000 | 12/01/42 | 33 |
360 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 3,782,697 | FNMA | 3.000 | % | 01/01/43 | $ | 3,791 | |||||||||
8,303,849 | FNMA | 3.000 | 01/01/43 | 8,320 | ||||||||||||
597,568 | FNMA | 3.000 | 02/01/43 | 599 | ||||||||||||
5,065,510 | FNMA | 3.000 | 02/01/43 | 5,075 | ||||||||||||
10,510,055 | FNMA | 3.000 | 02/01/43 | 10,530 | ||||||||||||
5,990,862 | FNMA | 3.000 | 02/25/43 | 6,127 | ||||||||||||
216,719 | FNMA | 3.000 | 03/01/43 | 217 | ||||||||||||
142,210 | FNMA | 3.000 | 03/01/43 | 142 | ||||||||||||
119,853 | FNMA | 3.000 | 03/01/43 | 120 | ||||||||||||
610,922 | FNMA | 3.000 | 03/01/43 | 612 | ||||||||||||
3,940,119 | i | FNMA | 0.772 | 03/25/43 | 3,937 | |||||||||||
179,556 | FNMA | 3.000 | 04/01/43 | 180 | ||||||||||||
199,314 | FNMA | 3.000 | 04/01/43 | 200 | ||||||||||||
309,273 | FNMA | 3.000 | 04/01/43 | 310 | ||||||||||||
13,294 | FNMA | 3.000 | 04/01/43 | 13 | ||||||||||||
293,589 | FNMA | 3.000 | 04/01/43 | 294 | ||||||||||||
53,578 | FNMA | 3.000 | 04/01/43 | 54 | ||||||||||||
65,830 | FNMA | 3.000 | 04/01/43 | 66 | ||||||||||||
155,401 | FNMA | 3.000 | 04/01/43 | 156 | ||||||||||||
124,224 | FNMA | 3.000 | 04/01/43 | 124 | ||||||||||||
4,499,347 | FNMA | 3.000 | 05/01/43 | 4,507 | ||||||||||||
5,930,198 | FNMA | 3.000 | 08/25/43 | 6,070 | ||||||||||||
12,774,309 | FNMA | 4.000 | 11/01/43 | 13,671 | ||||||||||||
5,262,514 | FNMA | 4.000 | 04/01/44 | 5,599 | ||||||||||||
3,243,924 | FNMA | 4.000 | 06/01/44 | 3,451 | ||||||||||||
2,446,929 | FNMA | 4.000 | 06/01/44 | 2,605 | ||||||||||||
12,629,586 | FNMA | 4.500 | 06/01/44 | 13,894 | ||||||||||||
1,355,472 | FNMA | 4.500 | 06/01/44 | 1,491 | ||||||||||||
962,341 | FNMA | 4.000 | 07/01/44 | 1,024 | ||||||||||||
2,406,707 | FNMA | 4.000 | 07/01/44 | 2,562 | ||||||||||||
1,192,498 | FNMA | 4.000 | 08/01/44 | 1,269 | ||||||||||||
2,853,665 | FNMA | 4.000 | 08/01/44 | 3,038 | ||||||||||||
7,861,166 | FNMA | 4.000 | 08/01/44 | 8,368 | ||||||||||||
4,375,324 | FNMA | 4.000 | 08/01/44 | 4,657 | ||||||||||||
2,920,869 | FNMA | 4.500 | 08/01/44 | 3,213 | ||||||||||||
830,167 | FNMA | 4.000 | 09/01/44 | 884 | ||||||||||||
703,073 | FNMA | 4.000 | 09/01/44 | 748 | ||||||||||||
4,271,632 | FNMA | 4.000 | 10/01/44 | 4,547 | ||||||||||||
6,854,799 | FNMA | 4.500 | 10/01/44 | 7,542 | ||||||||||||
2,015,981 | FNMA | 3.500 | 11/01/44 | 2,083 | ||||||||||||
13,641,103 | FNMA | 4.500 | 11/01/44 | 15,006 | ||||||||||||
5,702,447 | FNMA | 4.000 | 12/01/44 | 6,071 | ||||||||||||
2,394,516 | FNMA | 4.000 | 12/01/44 | 2,557 | ||||||||||||
3,089,794 | FNMA | 4.000 | 12/01/44 | 3,297 | ||||||||||||
2,935,057 | FNMA | 4.500 | 12/01/44 | 3,229 | ||||||||||||
2,987,886 | FNMA | 4.000 | 01/01/45 | 3,182 | ||||||||||||
4,805,977 | FNMA | 3.500 | 02/01/45 | 4,966 | ||||||||||||
349,426 | FNMA | 3.500 | 03/01/45 | 362 | ||||||||||||
1,224,472 | FNMA | 3.500 | 03/01/45 | 1,265 | ||||||||||||
896,768 | FNMA | 3.500 | 03/01/45 | 927 | ||||||||||||
582,392 | FNMA | 3.500 | 03/01/45 | 603 | ||||||||||||
838,337 | FNMA | 4.500 | 03/01/45 | 923 | ||||||||||||
388,542 | FNMA | 3.500 | 04/01/45 | 402 |
361 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 1,742,781 | FNMA | 3.500 | % | 04/01/45 | $ | 1,801 | |||||||||
693,773 | FNMA | 3.500 | 04/01/45 | 717 | ||||||||||||
7,440,022 | FNMA | 3.500 | 04/01/45 | 7,688 | ||||||||||||
920,493 | FNMA | 3.500 | 04/01/45 | 950 | ||||||||||||
769,975 | FNMA | 4.500 | 04/01/45 | 847 | ||||||||||||
6,910,995 | FNMA | 3.500 | 05/01/45 | 7,156 | ||||||||||||
907,705 | FNMA | 4.000 | 05/01/45 | 967 | ||||||||||||
1,116,732 | FNMA | 3.500 | 06/01/45 | 1,154 | ||||||||||||
2,014,956 | FNMA | 4.000 | 06/01/45 | 2,146 | ||||||||||||
9,200,012 | FNMA | 4.000 | 07/01/45 | 9,781 | ||||||||||||
1,881,542 | FNMA | 4.000 | 11/01/45 | 2,004 | ||||||||||||
998,257 | FNMA | 4.000 | 12/01/45 | 1,063 | ||||||||||||
27,000,000 | h | FNMA | 3.000 | 01/25/46 | 26,991 | |||||||||||
40,000,000 | h | FNMA | 3.500 | 01/25/46 | 41,256 | |||||||||||
23,000,000 | h | FNMA | 4.000 | 01/25/46 | 24,332 | |||||||||||
7,000,000 | h | FNMA | 5.000 | 01/25/46 | 7,704 | |||||||||||
20,000,000 | h | FNMA | 3.000 | 02/25/46 | 19,953 | |||||||||||
12,000,000 | h | FNMA | 3.500 | 02/25/46 | 12,351 | |||||||||||
11,000,000 | h | FNMA | 4.000 | 02/25/46 | 11,616 | |||||||||||
25,000,000 | h | FNMA | 4.500 | 02/25/46 | 26,951 | |||||||||||
6,000,000 | h | FNMA | 5.000 | 02/25/46 | 6,596 | |||||||||||
27,000,000 | h | FNMA | 3.500 | 03/25/46 | 27,719 | |||||||||||
25,000,000 | h | FNMA | 4.000 | 03/25/46 | 26,336 | |||||||||||
4,778 | Government National Mortgage Association (GNMA) | 9.000 | 12/15/17 | 5 | ||||||||||||
3,666,713 | GNMA | 2.300 | 10/15/19 | 3,669 | ||||||||||||
7,374 | GNMA | 8.000 | 06/15/22 | 8 | ||||||||||||
20,373 | GNMA | 6.500 | 08/15/23 | 23 | ||||||||||||
7,944 | GNMA | 6.500 | 08/15/23 | 9 | ||||||||||||
6,786,667 | GNMA | 2.580 | 08/15/25 | 6,903 | ||||||||||||
95,994 | GNMA | 6.500 | 05/20/31 | 112 | ||||||||||||
8,885,215 | GNMA | 2.640 | 01/15/33 | 9,057 | ||||||||||||
12,438,605 | GNMA | 2.690 | 06/15/33 | 11,975 | ||||||||||||
225,512 | GNMA | 5.500 | 07/15/33 | 256 | ||||||||||||
9,905,240 | GNMA | 3.700 | 10/15/33 | 10,526 | ||||||||||||
127,088 | GNMA | 6.000 | 10/20/36 | 144 | ||||||||||||
136,430 | GNMA | 6.000 | 01/20/37 | 154 | ||||||||||||
500,550 | GNMA | 5.500 | 02/15/37 | 562 | ||||||||||||
735,554 | GNMA | 6.000 | 02/20/37 | 831 | ||||||||||||
326,005 | GNMA | 5.000 | 04/15/38 | 361 | ||||||||||||
240,026 | GNMA | 6.000 | 08/20/38 | 269 | ||||||||||||
510,300 | GNMA | 6.500 | 11/20/38 | 584 | ||||||||||||
471,333 | GNMA | 5.000 | 07/20/39 | 521 | ||||||||||||
4,880,276 | GNMA | 4.500 | 09/20/39 | 5,346 | ||||||||||||
8,795,683 | GNMA | 3.700 | 08/15/40 | 9,578 | ||||||||||||
409,121 | GNMA | 3.500 | 12/15/41 | 428 | ||||||||||||
18,147,885 | GNMA | 3.500 | 10/20/42 | 3,610 | ||||||||||||
4,356,107 | GNMA | 3.500 | 07/15/43 | 4,556 | ||||||||||||
1,031,435 | GNMA | 3.500 | 02/15/45 | 1,079 | ||||||||||||
4,829,934 | GNMA | 4.000 | 04/15/45 | 5,141 | ||||||||||||
4,677,959 | GNMA | 4.000 | 04/15/45 | 4,972 | ||||||||||||
10,475,435 | GNMA | 4.000 | 05/15/45 | 11,135 |
362 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 16,655,155 | GNMA | 4.000 | % | 06/15/45 | $ | 17,707 | |||||||||
496,623 | GNMA | 3.500 | 07/15/45 | 520 | ||||||||||||
30,000,000 | h | GNMA | 3.000 | 01/20/46 | 30,396 | |||||||||||
45,000,000 | h | GNMA | 3.500 | 01/20/46 | 46,895 | |||||||||||
15,000,000 | h | GNMA | 3.000 | 02/20/46 | 15,166 | |||||||||||
18,000,000 | h | GNMA | 3.500 | 02/20/46 | 18,714 | |||||||||||
21,000,000 | h | GNMA | 3.000 | 03/20/46 | 21,186 | |||||||||||
18,000,000 | h | GNMA | 3.500 | 03/20/46 | 18,671 | |||||||||||
TOTAL MORTGAGE BACKED | 1,113,731 | |||||||||||||||
MUNICIPAL BONDS - 3.8% | ||||||||||||||||
4,500,000 | g | Basin Electric Power Coop | 6.127 | 06/01/41 | 5,110 | |||||||||||
3,790,000 | Bay Area Water Supply & Conservation Agency | 2.535 | 10/01/21 | 3,775 | ||||||||||||
2,635,000 | Bay Area Water Supply & Conservation Agency | 3.015 | 10/01/24 | 2,624 | ||||||||||||
1,170,000 | Brunswick & Glynn County Development Authority | 3.060 | 04/01/25 | 1,158 | ||||||||||||
7,465,000 | California Earthquake Authority | 2.805 | 07/01/19 | 7,535 | ||||||||||||
13,000,000 | California Housing Finance Agency | 2.966 | 08/01/22 | 12,902 | ||||||||||||
6,165,000 | g | California Pollution Control Financing Authority | 5.000 | 07/01/27 | 6,442 | |||||||||||
8,020,000 | g | California Pollution Control Financing Authority | 5.000 | 07/01/37 | 8,333 | |||||||||||
2,500,000 | g | California Pollution Control Financing Authority | 5.000 | 11/21/45 | 2,577 | |||||||||||
3,700,000 | Calleguas Municipal Water District | 2.030 | 07/01/18 | 3,728 | ||||||||||||
1,250,000 | City & County of Honolulu, HI | 6.114 | 07/01/29 | 1,373 | ||||||||||||
8,850,000 | City of Austin TX Water & Wastewater System Revenue | 1.933 | 05/15/19 | 8,828 | ||||||||||||
2,750,000 | City of Austin TX Water & Wastewater System Revenue | 2.133 | 11/15/19 | 2,742 | ||||||||||||
6,500,000 | City of Chicago IL | 7.750 | 01/01/42 | 6,578 | ||||||||||||
7,280,000 | City of Cincinnati OH Water System Revenue | 2.568 | 12/01/21 | 7,396 | ||||||||||||
4,000,000 | City of Dallas, TX | 5.078 | 02/15/22 | 4,549 | ||||||||||||
700,000 | City of Eugene, OR | 6.320 | 08/01/22 | 798 | ||||||||||||
12,500,000 | City of Houston TX Utility System Revenue | 2.563 | 05/15/20 | 12,801 | ||||||||||||
10,095,000 | City of Houston TX Utility System Revenue | 2.923 | 05/15/21 | 10,426 | ||||||||||||
2,200,000 | City of Jersey City NJ | 1.509 | 09/01/16 | 2,205 | ||||||||||||
2,180,000 | City of Jersey City NJ | 1.829 | 09/01/17 | 2,174 | ||||||||||||
500,000 | City of Jersey City NJ | 2.079 | 09/01/18 | 498 | ||||||||||||
925,000 | City of Jersey City NJ | 2.423 | 09/01/19 | 922 | ||||||||||||
1,000,000 | Commonwealth Financing Authority | 2.675 | 06/01/21 | 985 | ||||||||||||
1,150,000 | Commonwealth Financing Authority | 2.875 | 06/01/22 | 1,129 | ||||||||||||
2,310,000 | Commonwealth Financing Authority | 3.075 | 06/01/23 | 2,276 | ||||||||||||
15,000,000 | Commonwealth of Massachusetts | 5.000 | 08/01/33 | 17,593 | ||||||||||||
755,000 | County of Mercer, NJ | 5.380 | 02/01/17 | 775 | ||||||||||||
23,500,000 | District of Columbia Water & Sewer Authority | 4.814 | 10/01/14 | 23,269 | ||||||||||||
3,525,000 | Fiscal Year 2005 Securitization Corp | 4.760 | 08/15/19 | 3,774 | ||||||||||||
15,630,000 | j | Garden State Preservation Trust | 0.000 | 11/01/22 | 13,445 | |||||||||||
1,000,000 | Grant County Public Utility District No 2 | 5.470 | 01/01/34 | 1,075 | ||||||||||||
1,250,000 | Grant County Public Utility District No 2 | 4.164 | 01/01/35 | 1,221 | ||||||||||||
4,135,000 | Greene County OH | 2.720 | 12/01/21 | 4,142 | ||||||||||||
4,365,000 | Greene County OH | 3.120 | 12/01/23 | 4,372 | ||||||||||||
4,615,000 | Greene County OH | 3.270 | 12/01/24 | 4,612 | ||||||||||||
4,755,000 | Greene County OH | 3.420 | 12/01/25 | 4,740 | ||||||||||||
1,600,000 | Guadalupe Valley Electric Coop, Inc | 5.671 | 10/01/32 | 1,745 | ||||||||||||
975,000 | Guadalupe-Blanco River Authority Industrial Development Corp | 3.287 | 04/15/23 | 984 | ||||||||||||
540,000 | Lavaca-Navidad River Authority | 3.850 | 08/01/26 | 542 | ||||||||||||
6,430,000 | Lavaca-Navidad River Authority | 4.430 | 08/01/35 | 6,229 |
363 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 4,230,000 | Massachusetts Housing Finance Agency | 4.782 | % | 12/01/20 | $ | 4,309 | |||||||||
3,500,000 | Metropolitan Council | 1.750 | 09/01/20 | 3,462 | ||||||||||||
5,000,000 | Metropolitan Water District of Southern California | 6.250 | 07/01/39 | 5,531 | ||||||||||||
750,000 | Metropolitan Water Reclamation District of Greater Chicago | 2.229 | 12/01/16 | 757 | ||||||||||||
1,590,000 | Michigan Finance Authority | 5.000 | 07/01/16 | 1,624 | ||||||||||||
8,945,000 | Michigan Finance Authority | 5.000 | 07/01/22 | 10,570 | ||||||||||||
8,000,000 | Michigan Finance Authority | 5.000 | 07/01/22 | 9,453 | ||||||||||||
500,000 | Michigan Finance Authority | 5.000 | 07/01/22 | 578 | ||||||||||||
2,500,000 | Michigan Finance Authority | 5.000 | 07/01/30 | 2,854 | ||||||||||||
2,000,000 | Michigan Finance Authority | 5.000 | 07/01/31 | 2,275 | ||||||||||||
1,590,000 | New York State Energy Research & Development Authority | 2.372 | 07/01/19 | 1,609 | ||||||||||||
1,285,000 | New York State Energy Research & Development Authority | 2.772 | 07/01/20 | 1,309 | ||||||||||||
1,590,000 | New York State Energy Research & Development Authority | 3.206 | 07/01/22 | 1,651 | ||||||||||||
1,200,000 | New York State Environmental Facilities Corp | 2.005 | 06/15/19 | 1,196 | ||||||||||||
1,220,000 | New York State Environmental Facilities Corp | 2.595 | 06/15/21 | 1,224 | ||||||||||||
1,255,000 | New York State Environmental Facilities Corp | 3.045 | 06/15/24 | 1,266 | ||||||||||||
1,225,000 | New York State Environmental Facilities Corp | 3.195 | 06/15/25 | 1,225 | ||||||||||||
2,120,000 | New York State Environmental Facilities Corp | 3.520 | 07/15/27 | 2,142 | ||||||||||||
500,000 | New York State Environmental Facilities Corp | 3.684 | 12/15/29 | 491 | ||||||||||||
800,000 | New York State Environmental Facilities Corp | 5.807 | 06/15/39 | 987 | ||||||||||||
1,915,000 | New York State Urban Development Corp | 6.500 | 12/15/18 | 2,110 | ||||||||||||
2,230,000 | Newport News Economic Development Authority | 5.640 | 01/15/29 | 2,232 | ||||||||||||
270,000 | Newport News Economic Development Authority | 5.640 | 01/15/29 | 270 | ||||||||||||
1,250,000 | g | Niagara Area Development Corp | 4.000 | 11/01/24 | 1,260 | |||||||||||
4,750,000 | Northern California Power Agency | 4.320 | 07/01/24 | 5,059 | ||||||||||||
2,450,000 | Ohio State Water Development Authority | 4.879 | 12/01/34 | 2,753 | ||||||||||||
6,500,000 | i | Ohio State Water Development Authority | 0.381 | 05/01/38 | 6,500 | |||||||||||
700,000 | Oklahoma Water Resources Board | 3.071 | 04/01/22 | 723 | ||||||||||||
1,220,000 | Pend Oreille County Public Utility District No Box Canyon | 1.987 | 01/01/16 | 1,220 | ||||||||||||
1,000,000 | Pend Oreille County Public Utility District No Box Canyon | 2.417 | 01/01/17 | 1,011 | ||||||||||||
1,000,000 | Pend Oreille County Public Utility District No Box Canyon | 2.787 | 01/01/18 | 1,020 | ||||||||||||
1,000,000 | Pend Oreille County Public Utility District No Box Canyon | 3.037 | 01/01/19 | 1,034 | ||||||||||||
1,070,000 | Pend Oreille County Public Utility District No Box Canyon | 3.621 | 01/01/21 | 1,115 | ||||||||||||
5,000,000 | Pend Oreille County Public Utility District No Box Canyon | 5.000 | 01/01/30 | 5,092 | ||||||||||||
1,000,000 | South Dakota Conservancy District | 1.620 | 08/01/18 | 999 | ||||||||||||
3,330,000 | South Dakota Conservancy District | 1.648 | 08/01/18 | 3,357 | ||||||||||||
2,920,000 | South Dakota Conservancy District | 1.898 | 08/01/19 | 2,941 | ||||||||||||
38,830,000 | State of California | 3.750 | 10/01/37 | 40,145 | ||||||||||||
7,050,000 | State of California | 4.988 | 04/01/39 | 7,253 | ||||||||||||
5,000,000 | State of Connecticut | 5.090 | 10/01/30 | 5,513 | ||||||||||||
5,570,000 | State of Illinois | 4.350 | 06/01/18 | 5,694 | ||||||||||||
9,000,000 | State of Illinois | 5.520 | 04/01/38 | 8,039 | ||||||||||||
4,505,000 | State of Michigan | 3.375 | 12/01/20 | 4,757 | ||||||||||||
4,405,000 | State of Michigan | 3.590 | 12/01/26 | 4,488 | ||||||||||||
2,500,000 | State of Ohio | 5.412 | 09/01/28 | 2,946 | ||||||||||||
3,265,000 | State of Texas | 4.900 | 08/01/20 | 3,273 | ||||||||||||
5,000,000 | State of Texas | 6.072 | 10/01/29 | 5,664 | ||||||||||||
2,025,000 | State of Texas | 3.576 | 08/01/34 | 1,919 | ||||||||||||
3,370,000 | State of Texas | 3.726 | 08/01/43 | 3,224 | ||||||||||||
1,985,000 | State of Washington | 5.050 | 01/01/18 | 1,986 | ||||||||||||
3,000 | State of Wisconsin | 5.700 | 05/01/26 | 3 | ||||||||||||
16,480,000 | Suffolk County Water Authority | 3.500 | 06/01/39 | 16,732 | ||||||||||||
4,000,000 | Suffolk County Water Authority | 4.000 | 06/01/39 | 4,245 |
364 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 2,280,000 | Tampa Bay Water | 2.612 | % | 10/01/25 | $ | 2,217 | |||||||||
3,225,000 | Tampa Bay Water | 2.782 | 10/01/26 | 3,124 | ||||||||||||
3,000,000 | Tampa Bay Water | 2.952 | 10/01/27 | 2,883 | ||||||||||||
1,255,000 | Texas Water Development Board | 4.248 | 10/15/35 | 1,236 | ||||||||||||
4,170,000 | Texas Water Development Board | 4.648 | 04/15/50 | 4,086 | ||||||||||||
5,000,000 | Tuolumne Wind Project Authority | 6.918 | 01/01/34 | 6,044 | ||||||||||||
3,035,000 | University of California | 3.809 | 05/15/28 | 3,067 | ||||||||||||
11,400,000 | University of California | 4.009 | 05/15/30 | 11,548 | ||||||||||||
6,500,000 | i | University of California | 0.744 | 07/01/41 | 6,498 | |||||||||||
1,000,000 | University of Cincinnati | 3.250 | 06/01/29 | 1,015 | ||||||||||||
1,560,000 | University of Cincinnati | 3.650 | 06/01/34 | 1,598 | ||||||||||||
1,615,000 | University of Cincinnati | 3.700 | 06/01/35 | 1,654 | ||||||||||||
18,000,000 | University of New Mexico | 3.532 | 06/20/32 | 17,315 | ||||||||||||
17,500,000 | University of Virginia | 3.570 | 04/01/45 | 17,971 | ||||||||||||
1,000,000 | Washington County Clean Water Services | 5.078 | 10/01/24 | 1,165 | ||||||||||||
600,000 | West Virginia Water Development Authority | 5.000 | 11/01/21 | 709 | ||||||||||||
1,345,000 | West Virginia Water Development Authority | 5.000 | 11/01/22 | 1,612 | ||||||||||||
1,000,000 | West Virginia Water Development Authority | 5.000 | 11/01/23 | 1,214 | ||||||||||||
TOTAL MUNICIPAL BONDS | 502,428 | |||||||||||||||
U.S. TREASURY SECURITIES - 2.2% | ||||||||||||||||
6,000,000 | United States Treasury Bond | 3.125 | 02/15/43 | 6,137 | ||||||||||||
50,000,000 | United States Treasury Bond | 2.875 | 05/15/43 | 48,649 | ||||||||||||
1,000,000 | United States Treasury Bond | 3.375 | 05/15/44 | 1,071 | ||||||||||||
68,310,000 | United States Treasury Bond | 2.875 | 08/15/45 | 66,216 | ||||||||||||
2,000,000 | United States Treasury Note | 0.625 | 07/15/16 | 2,000 | ||||||||||||
2,200,000 | United States Treasury Note | 0.500 | 11/30/16 | 2,194 | ||||||||||||
4,890,000 | United States Treasury Note | 0.500 | 02/28/17 | 4,870 | ||||||||||||
8,500,000 | United States Treasury Note | 0.625 | 08/31/17 | 8,446 | ||||||||||||
11,720,000 | United States Treasury Note | 1.250 | 12/15/18 | 11,697 | ||||||||||||
1,030,000 | United States Treasury Note | 1.625 | 04/30/19 | 1,036 | ||||||||||||
39,825,000 | United States Treasury Note | 1.625 | 11/30/20 | 39,600 | ||||||||||||
4,150,000 | United States Treasury Note | 2.000 | 07/31/22 | 4,139 | ||||||||||||
4,500,000 | United States Treasury Note | 1.750 | 09/30/22 | 4,411 | ||||||||||||
12,234,500 | United States Treasury Note | 1.625 | 11/15/22 | 11,885 | ||||||||||||
85,860,400 | United States Treasury Note | 2.250 | 11/15/25 | 85,668 | ||||||||||||
TOTAL U.S. TREASURY SECURITIES | 298,019 | |||||||||||||||
TOTAL GOVERNMENT BONDS | 3,142,703 | |||||||||||||||
(Cost $3,105,197) | ||||||||||||||||
STRUCTURED ASSETS - 3.4% | ||||||||||||||||
ASSET BACKED - 1.5% | ||||||||||||||||
6,898,666 | g | Alterna Funding I LLC | 1.639 | 02/15/21 | 6,859 | |||||||||||
Series - 2014 1A (Class NOTE) | ||||||||||||||||
622,965 | i | Asset Backed Securities Corp Home Equity Loan Trust | 0.635 | 07/25/35 | 621 | |||||||||||
Series - 2005 HE7 (Class M2) | ||||||||||||||||
4,965,277 | i | Asset-Backed Pass-Through Certificates | 1.036 | 01/25/35 | 4,796 | |||||||||||
Series - 2004 R12 (Class M1) | ||||||||||||||||
2,250,000 | g | Avis Budget Rental Car Funding AESOP LLC | 5.110 | 03/20/17 | 2,258 | |||||||||||
Series - 2010 5A (Class B) | ||||||||||||||||
4,000,000 | g | Avis Budget Rental Car Funding AESOP LLC | 3.780 | 02/20/18 | 4,024 | |||||||||||
Series - 2011 5A (Class C) |
365 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 4,000,000 | g | Avis Budget Rental Car Funding AESOP LLC | 4.720 | % | 02/20/18 | $ | 4,073 | ||||||||
Series - 2011 5A (Class B) | ||||||||||||||||
925,000 | i | Basic Asset Backed Securities Trust | 0.732 | 04/25/36 | 825 | |||||||||||
Series - 2006 1 (Class A3) | ||||||||||||||||
10,042 | i | Bear Stearns Asset Backed Securities Trust | 1.162 | 11/25/39 | 10 | |||||||||||
Series - 2005 SD3 (Class 2A1) | ||||||||||||||||
4,000,000 | g | Capital Automotive REIT | 3.660 | 10/15/44 | 4,019 | |||||||||||
Series - 2014 1A (Class A) | ||||||||||||||||
4,001,302 | i | Chase Funding Loan Acquisition Trust | 1.277 | 06/25/34 | 3,445 | |||||||||||
Series - 2004 OPT1 (Class M1) | ||||||||||||||||
6,096,308 | i | Connecticut Avenue Securities | 1.922 | 02/25/25 | 6,106 | |||||||||||
Series - 2015 C01 (Class 1M1) | ||||||||||||||||
5,955,000 | g | DB Master Finance LLC | 3.262 | 02/20/45 | 5,893 | |||||||||||
Series - 2015 1A (Class A2I) | ||||||||||||||||
1,715,000 | g,i | DB/UBS Mortgage Trust | 5.663 | 11/10/46 | 1,887 | |||||||||||
Series - 2011 LC1A (Class C) | ||||||||||||||||
983,805 | g | Diamond Resorts Owner Trust | 1.950 | 01/20/25 | 973 | |||||||||||
Series - 2013 1 (Class A) | ||||||||||||||||
7,946,250 | g | Domino’s Pizza Master Issuer LLC | 5.216 | 01/25/42 | 8,175 | |||||||||||
Series - 2012 1A (Class A2) | ||||||||||||||||
2,000,000 | g | Domino’s Pizza Master Issuer LLC | 3.484 | 10/25/45 | 1,960 | |||||||||||
Series - 2015 1A (Class A2I) | ||||||||||||||||
1,000,000 | g | Domino’s Pizza Master Issuer LLC | 4.474 | 10/25/45 | 986 | |||||||||||
Series - 2015 1A (Class A2II) | ||||||||||||||||
19,855,523 | g | HERO Funding Trust | 3.840 | 09/21/40 | 19,886 | |||||||||||
Series - 2015 1A (Class A) | ||||||||||||||||
4,012,513 | g | HERO Funding Trust | 3.990 | 09/21/40 | 4,000 | |||||||||||
Series - 2014 2A (Class A) | ||||||||||||||||
500,000 | g | Hertz Vehicle Financing LLC | 6.440 | 02/25/19 | 523 | |||||||||||
Series - 2010 1A (Class B3) | ||||||||||||||||
1,367,139 | i | Lehman XS Trust | 0.672 | 02/25/36 | 1,306 | |||||||||||
Series - 2006 1 (Class 1A1) | ||||||||||||||||
4,120,928 | i | Lehman XS Trust | 6.500 | 06/25/46 | 3,132 | |||||||||||
Series - 2006 13 (Class 2A1) | ||||||||||||||||
823,608 | i | Park Place Securities, Inc Asset-Backed Pass-Through Certificates | 1.202 | 01/25/36 | 818 | |||||||||||
Series - 2005 WCH1 (Class M2) | ||||||||||||||||
208,232 | i | Residential Asset Mortgage Products, Inc | 5.470 | 09/25/33 | 214 | |||||||||||
Series - 2003 RZ5 (Class A7) (Step Bond) | ||||||||||||||||
53,085 | i | Residential Asset Securities Corp | 1.067 | 04/25/35 | 53 | |||||||||||
Series - 2005 KS3 (Class M3) | ||||||||||||||||
326,556 | i | Residential Funding Mortgage Securities II, Inc | 6.010 | 02/25/36 | 329 | |||||||||||
Series - 2006 HI1 (Class M1) (Step Bond) | ||||||||||||||||
200,000 | i | Residential Funding Mortgage Securities II, Inc | 6.060 | 02/25/36 | 208 | |||||||||||
Series - 2006 HI1 (Class M2) | ||||||||||||||||
3,800,000 | Santander Drive Auto Receivables Trust | 1.760 | 01/15/19 | 3,804 | ||||||||||||
Series - 2013 1 (Class C) | ||||||||||||||||
800,000 | Santander Drive Auto Receivables Trust | 1.960 | 05/15/20 | 793 | ||||||||||||
Series - 2015 5 (Class B) | ||||||||||||||||
800,000 | Santander Drive Auto Receivables Trust | 2.740 | 12/15/21 | 794 | ||||||||||||
Series - 2015 5 (Class C) | ||||||||||||||||
328,507 | i | Securitized Asset Backed Receivables LLC | 0.722 | 10/25/35 | 327 | |||||||||||
Series - 2006 OP1 (Class A2C) |
366 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 1,334,585 | g | Sierra Receivables Funding Co LLC | 3.420 | % | 03/20/29 | $ | 1,344 | ||||||||
Series - 2012 2A (Class B) | ||||||||||||||||
1,041,962 | g | Sierra Receivables Funding Co LLC | 1.590 | 11/20/29 | 1,025 | |||||||||||
Series - 2013 1A (Class A) | ||||||||||||||||
917,716 | g | Sierra Timeshare 2015-3 Receivables Funding LLC | 2.580 | 09/20/32 | 902 | |||||||||||
Series - 2015 3A (Class A) | ||||||||||||||||
1,376,573 | g | Sierra Timeshare 2015-3 Receivables Funding LLC | 3.080 | 09/20/32 | 1,354 | |||||||||||
Series - 2015 3A (Class B) | ||||||||||||||||
6,425,528 | g | SolarCity LMC | 4.590 | 04/20/44 | 6,321 | |||||||||||
Series - 2014 1 (Class A) | ||||||||||||||||
29,320,318 | g | SolarCity LMC | 4.020 | 07/20/44 | 27,866 | |||||||||||
Series - 2014 2 (Class A) | ||||||||||||||||
119,785 | i | Soundview Home Equity Loan Trust | 0.722 | 11/25/35 | 120 | |||||||||||
Series - 2005 OPT3 (Class A4) | ||||||||||||||||
9,881,188 | g | SpringCastle America Funding LLC | 2.700 | 05/25/23 | 9,859 | |||||||||||
Series - 2014 AA (Class A) | ||||||||||||||||
5,601,015 | i | Structured Asset Securities Corp Mortgage Loan Trust | 1.744 | 04/25/35 | 5,322 | |||||||||||
Series - 2005 7XS (Class 2A1A) | ||||||||||||||||
22,500,000 | Toyota Auto Receivables Owner Trust | 1.270 | 05/15/19 | 22,402 | ||||||||||||
Series - 2015 B (Class A3) | ||||||||||||||||
22,500,000 | Toyota Auto Receivables Owner Trust | 1.740 | 09/15/20 | 22,509 | ||||||||||||
Series - 2015 B (Class A4) | ||||||||||||||||
482,044 | g,m | Wachovia Amortization Controlled Heloc NIM | 5.683 | 08/12/47 | 491 | |||||||||||
Series - 2006 N1 (Class N1) | ||||||||||||||||
553,210 | g,i | Wachovia Loan Trust | 0.782 | 05/25/35 | 539 | |||||||||||
Series - 2005 SD1 (Class A) | ||||||||||||||||
54,275 | i | Wells Fargo Home Equity Trust | 0.562 | 07/25/36 | 54 | |||||||||||
Series - 2006 2 (Class A3) | ||||||||||||||||
3,990,000 | g | Wendys Funding LLC | 3.371 | 06/15/45 | 3,893 | |||||||||||
Series - 2015 1A (Class A2I) | ||||||||||||||||
TOTAL ASSET BACKED | 197,098 | |||||||||||||||
OTHER MORTGAGE BACKED - 1.9% | ||||||||||||||||
1,800,000 | Banc of America Commercial Mortgage Trust | 5.480 | 10/10/45 | 1,766 | ||||||||||||
Series - 2006 6 (Class B) | ||||||||||||||||
3,050,000 | g | Banc of America Commercial Mortgage Trust | 5.416 | 01/15/49 | 3,121 | |||||||||||
Series - 2007 1 (Class AM) | ||||||||||||||||
5,416,386 | i | Banc of America Commercial Mortgage Trust | 5.482 | 01/15/49 | 5,546 | |||||||||||
Series - 2007 1 (Class AMFX) | ||||||||||||||||
760,000 | i | Banc of America Commercial Mortgage Trust | 5.809 | 02/10/51 | 770 | |||||||||||
Series - 2007 4 (Class AJ) | ||||||||||||||||
10,250,000 | g | BBCMS Trust | 3.593 | 09/15/32 | 10,524 | |||||||||||
Series - 2015 MSQ (Class A) | ||||||||||||||||
6,000,000 | g,i | BBCMS Trust | 3.894 | 09/15/32 | 6,178 | |||||||||||
Series - 2015 MSQ (Class B) | ||||||||||||||||
2,590,000 | i | Bear Stearns Commercial Mortgage Securities | 5.920 | 09/11/42 | 2,733 | |||||||||||
Series - 2007 T28 (Class AJ) | ||||||||||||||||
2,500,000 | i | Bear Stearns Commercial Mortgage Securities | 5.878 | 06/11/50 | 2,476 | |||||||||||
Series - 2007 PW17 (Class AJ) | ||||||||||||||||
1,225,000 | i | Citigroup Commercial Mortgage Trust | 5.975 | 03/15/49 | 1,231 | |||||||||||
Series - 2006 C4 (Class AJ) | ||||||||||||||||
3,925,000 | i | COBALT CMBS Commercial Mortgage Trust | 5.771 | 05/15/46 | 3,951 | |||||||||||
Series - 2007 C3 (Class AJ) |
367 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 2,575,000 | i | COBALT CMBS Commercial Mortgage Trust | 5.771 | % | 05/15/46 | $ | 2,703 | ||||||||
Series - 2007 C3 (Class AM) | ||||||||||||||||
2,750,000 | i | COBALT CMBS Commercial Mortgage Trust | 5.526 | 04/15/47 | 2,863 | |||||||||||
Series - 2007 C2 (Class AMFX) | ||||||||||||||||
3,500,000 | g,i | COMM 2007-C9 Mortgage Trust | 5.796 | 12/10/49 | 3,459 | |||||||||||
Series - 2007 C9 (Class G) | ||||||||||||||||
4,000,000 | i | COMM Mortgage Trust | 5.796 | 12/10/49 | 4,051 | |||||||||||
Series - 2007 C9 (Class B) | ||||||||||||||||
495,773 | i | Commercial Mortgage Trust | 5.238 | 04/10/37 | 495 | |||||||||||
Series - 2005 GG5 (Class AJ) | ||||||||||||||||
6,317,426 | i | Commercial Mortgage Trust | 5.867 | 12/10/49 | 6,562 | |||||||||||
Series - 2007 GG11 (Class AM) | ||||||||||||||||
443,094 | Countrywide Alternative Loan Trust | 5.500 | 08/25/16 | 446 | ||||||||||||
Series - 2004 30CB (Class 1A15) | ||||||||||||||||
2,775,000 | i | Credit Suisse Commercial Mortgage Trust | 5.903 | 09/15/39 | 2,799 | |||||||||||
Series - 2007 C4 (Class A1AJ) | ||||||||||||||||
6,000,000 | i | Credit Suisse Commercial Mortgage Trust | 5.949 | 09/15/39 | 6,061 | |||||||||||
Series - 2007 C4 (Class AJ) | ||||||||||||||||
1,500,000 | Credit Suisse Commercial Mortgage Trust | 5.343 | 12/15/39 | 1,530 | ||||||||||||
Series - 2006 C5 (Class AM) | ||||||||||||||||
3,500,000 | g | Credit Suisse Commercial Mortgage Trust | 5.383 | 02/15/40 | 3,563 | |||||||||||
Series - 2009 RR1 (Class A3C) | ||||||||||||||||
8,450,000 | i | Credit Suisse Commercial Mortgage Trust | 5.625 | 01/15/49 | 8,179 | |||||||||||
Series - 2007 C2 (Class AJ) | ||||||||||||||||
44,562 | i | Credit Suisse First Boston Mortgage Securities Corp | 5.100 | 08/15/38 | 45 | |||||||||||
Series - 2005 C5 (Class C) | ||||||||||||||||
2,000,000 | g | Credit Suisse Mortgage Capital Certificates | 5.626 | 05/15/23 | 2,215 | |||||||||||
Series - 2006 OMA (Class D) | ||||||||||||||||
500,000 | i | GE Commercial Mortgage Corp | 5.606 | 12/10/49 | 508 | |||||||||||
Series - 2007 C1 (Class AM) | ||||||||||||||||
3,660,000 | i | GMAC Commercial Mortgage Securities, Inc | 4.984 | 12/10/41 | 3,733 | |||||||||||
Series - 2004 C3 (Class C) | ||||||||||||||||
2,535,000 | g,i | GS Mortgage Securities Corp II | 5.188 | 12/10/43 | 2,774 | |||||||||||
Series - 2010 C2 (Class B) | ||||||||||||||||
1,500,000 | i | GS Mortgage Securities Trust | 5.553 | 04/10/38 | 1,501 | |||||||||||
Series - 2006 GG6 (Class B) | ||||||||||||||||
1,750,000 | i | GS Mortgage Securities Trust | 5.666 | 04/10/38 | 1,748 | |||||||||||
Series - 2006 GG6 (Class C) | ||||||||||||||||
1,290,880 | i | Harborview Mortgage Loan Trust | 0.622 | 07/19/47 | 1,052 | |||||||||||
Series - 2007 4 (Class 2A1) | ||||||||||||||||
698,231 | i | Impac CMB Trust | 1.082 | 03/25/35 | 647 | |||||||||||
Series - 2004 11 (Class 2A1) | ||||||||||||||||
3,780,000 | i | JP Morgan Chase Commercial Mortgage Securities Trust | 4.911 | 07/15/42 | 3,780 | |||||||||||
Series - 2005 LDP2 (Class C) | ||||||||||||||||
3,025,000 | g,i | JP Morgan Chase Commercial Mortgage Securities Trust | 5.277 | 07/15/46 | 3,195 | |||||||||||
Series - 2011 C4 (Class C) | ||||||||||||||||
5,033,916 | JP Morgan Chase Commercial Mortgage Securities Trust | 5.257 | 05/15/47 | 5,109 | ||||||||||||
Series - 2006 LDP9 (Class A1A) | ||||||||||||||||
2,639,215 | i | JP Morgan Chase Commercial Mortgage Securities Trust | 6.192 | 02/15/51 | 2,777 | |||||||||||
Series - 2007 LD12 (Class AM) | ||||||||||||||||
1,500,000 | i | LB-UBS Commercial Mortgage Trust | 5.737 | 03/15/39 | 1,498 | |||||||||||
Series - 2006 C3 (Class C) |
368 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 2,500,000 | LB-UBS Commercial Mortgage Trust | 5.484 | % | 02/15/40 | $ | 2,525 | |||||||||
Series - 2007 C1 (Class AJ) | ||||||||||||||||
700,000 | i | LB-UBS Commercial Mortgage Trust | 5.533 | 02/15/40 | 701 | |||||||||||
Series - 2007 C1 (Class C) | ||||||||||||||||
3,390,000 | i | LB-UBS Commercial Mortgage Trust | 5.563 | 02/15/40 | 3,320 | |||||||||||
Series - 2007 C1 (Class D) | ||||||||||||||||
750,000 | i | LB-UBS Commercial Mortgage Trust | 6.114 | 07/15/40 | 783 | |||||||||||
Series - 2007 C6 (Class AM) | ||||||||||||||||
8,165,787 | g,i | LVII Resecuritization Trust | 3.033 | 07/31/47 | 8,166 | |||||||||||
Series - 2015 A (Class A) | ||||||||||||||||
645,000 | i | Merrill Lynch Mortgage Trust | 6.267 | 02/12/51 | 684 | |||||||||||
Series - 0 C1 (Class AJA) | ||||||||||||||||
2,750,000 | i | ML-CFC Commercial Mortgage Trust | 5.526 | 03/12/51 | 2,808 | |||||||||||
Series - 2007 6 (Class AM) | ||||||||||||||||
855,000 | g,i | Morgan Stanley Capital I Trust | 5.847 | 08/12/41 | 867 | |||||||||||
Series - 2006 T23 (Class B) | ||||||||||||||||
3,000,000 | i | Morgan Stanley Capital I Trust | 5.389 | 11/12/41 | 3,010 | |||||||||||
Series - 2006 HQ10 (Class AJ) | ||||||||||||||||
2,111,000 | i | Morgan Stanley Capital I Trust | 5.834 | 10/15/42 | 2,113 | |||||||||||
Series - 2006 IQ11 (Class AJ) | ||||||||||||||||
710,000 | g,i | Morgan Stanley Capital I Trust | 5.438 | 09/15/47 | 747 | |||||||||||
Series - 2011 C1 (Class D) | ||||||||||||||||
6,000,000 | i | Morgan Stanley Capital I Trust | 5.861 | 04/12/49 | 5,976 | |||||||||||
Series - 2007 HQ12 (Class C) | ||||||||||||||||
9,500,000 | i | Morgan Stanley Capital I Trust | 5.907 | 06/11/49 | 9,949 | |||||||||||
Series - 2007 IQ15 (Class AM) | ||||||||||||||||
1,600,000 | i | Morgan Stanley Capital I Trust | 5.907 | 06/11/49 | 1,594 | |||||||||||
Series - 2007 IQ15 (Class AJ) | ||||||||||||||||
4,000,000 | i | Morgan Stanley Capital I Trust | 6.097 | 12/12/49 | 3,814 | |||||||||||
Series - 2007 IQ16 (Class AJFX) | ||||||||||||||||
12,000,000 | g | Morgan Stanley Capital I Trust 2014-CPT | 3.350 | 07/13/29 | 12,233 | |||||||||||
Series - 2014 CPT (Class A) | ||||||||||||||||
17,385,000 | g | OBP Depositor LLC Trust | 4.646 | 07/15/45 | 18,732 | |||||||||||
Series - 2010 OBP (Class A) | ||||||||||||||||
2,931 | Residential Accredit Loans, Inc | 4.350 | 03/25/34 | 3 | ||||||||||||
Series - 2004 QS4 (Class A1) | ||||||||||||||||
1,984,614 | i | Structured Agency Credit Risk Debt Note (STACR) | 1.672 | 01/25/25 | 1,986 | |||||||||||
Series - 2015 DN1 (Class M1) | ||||||||||||||||
7,375,000 | i | Structured Agency Credit Risk Debt Note (STACR) | 2.822 | 01/25/25 | 7,488 | |||||||||||
Series - 2015 DN1 (Class M2) | ||||||||||||||||
10,000,000 | i | Structured Agency Credit Risk Debt Note (STACR) | 2.622 | 03/25/25 | 9,971 | |||||||||||
Series - 2015 HQ1 (Class M2) | ||||||||||||||||
750,000 | i | Structured Agency Credit Risk Debt Note (STACR) | 4.222 | 03/25/25 | 723 | |||||||||||
Series - 2015 HQ1 (Class M3) | ||||||||||||||||
5,000,000 | g,i | Wachovia Bank Commercial Mortgage Trust | 0.551 | 12/15/43 | 4,787 | |||||||||||
Series - 2007 C30 (Class AMFL) | ||||||||||||||||
4,585,000 | Wachovia Bank Commercial Mortgage Trust | 5.383 | 12/15/43 | 4,738 | ||||||||||||
Series - 2007 C30 (Class AM) | ||||||||||||||||
890,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.818 | 05/15/46 | 935 | |||||||||||
Series - 2007 C34 (Class AM) | ||||||||||||||||
1,700,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.947 | 05/15/46 | 1,714 | |||||||||||
Series - 2007 C34 (Class AJ) | ||||||||||||||||
1,975,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.591 | 04/15/47 | 2,047 | |||||||||||
Series - 2007 C31 (Class AM) |
369 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 1,500,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.660 | % | 04/15/47 | $ | 1,499 | ||||||||
Series - 2007 C31 (Class AJ) | ||||||||||||||||
700,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.680 | 04/15/47 | 679 | |||||||||||
Series - 2007 C31 (Class C) | ||||||||||||||||
1,000,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.700 | 04/15/47 | 1,001 | |||||||||||
Series - 2007 C31 (Class B) | ||||||||||||||||
4,000,000 | g | Wachovia Bank Commercial Mortgage Trust | 5.703 | 06/15/49 | 4,167 | |||||||||||
Series - 2007 C32 (Class AMFX) | ||||||||||||||||
875,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.750 | 06/15/49 | 808 | |||||||||||
Series - 2007 C32 (Class B) | ||||||||||||||||
12,830,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.750 | 06/15/49 | 12,825 | |||||||||||
Series - 2007 C32 (Class AJ) | ||||||||||||||||
510,000 | i | Wachovia Bank Commercial Mortgage Trust | 5.953 | 02/15/51 | 536 | |||||||||||
Series - 2007 C33 (Class AM) | ||||||||||||||||
6,012,469 | i | WaMu Mortgage Pass-Through Certificates | 0.852 | 10/25/45 | 5,240 | |||||||||||
Series - 2005 AR13 (Class A1B2) | ||||||||||||||||
2,189,544 | i | WaMu Mortgage Pass-Through Certificates | 0.772 | 12/25/45 | 1,895 | |||||||||||
Series - 2005 AR19 (Class A1B3) | ||||||||||||||||
TOTAL OTHER MORTGAGE BACKED | 252,653 | |||||||||||||||
TOTAL STRUCTURED ASSETS | 449,751 | |||||||||||||||
(Cost $454,422) | ||||||||||||||||
TOTAL BONDS | 5,215,048 | |||||||||||||||
(Cost $5,203,251) | ||||||||||||||||
SHARES | COMPANY | |||||||||||||||
COMMON STOCKS - 59.7% | ||||||||||||||||
AUTOMOBILES & COMPONENTS - 1.7% | ||||||||||||||||
48,600 | Aisin Seiki Co Ltd | 2,092 | ||||||||||||||
169,906 | Bayerische Motoren Werke AG. | 17,900 | ||||||||||||||
58,860 | Bayerische Motoren Werke AG. (Preference) | 4,925 | ||||||||||||||
2,283 | Delphi Automotive plc | 196 | ||||||||||||||
201,982 | Denso Corp | 9,652 | ||||||||||||||
2,464,687 | Ford Motor Co | 34,727 | ||||||||||||||
315,803 | Fuji Heavy Industries Ltd | 13,010 | ||||||||||||||
1,026,012 | GKN plc | 4,656 | ||||||||||||||
234,290 | Harley-Davidson, Inc | 10,634 | ||||||||||||||
617,680 | Honda Motor Co Ltd | 19,742 | ||||||||||||||
682,420 | Johnson Controls, Inc | 26,949 | ||||||||||||||
172,551 | Magna International, Inc (Class A) | 6,998 | ||||||||||||||
460,400 | Mazda Motor Corp | 9,500 | ||||||||||||||
59,514 | * | Modine Manufacturing Co | 539 | |||||||||||||
1,432,900 | Nissan Motor Co Ltd | 15,004 | ||||||||||||||
147,140 | Renault S.A. | 14,728 | ||||||||||||||
129,900 | Sumitomo Electric Industries Ltd | 1,834 | ||||||||||||||
103,927 | *,e | Tesla Motors, Inc | 24,943 | |||||||||||||
98,500 | Toyota Industries Corp | 5,267 | ||||||||||||||
96,100 | Yamaha Motor Co Ltd | 2,154 | ||||||||||||||
TOTAL AUTOMOBILES & COMPONENTS | 225,450 |
370 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
BANKS - 4.1% | ||||||||||
11,671 | Ameris Bancorp | $ | 397 | |||||||
18,981 | Apollo Residential Mortgage | 227 | ||||||||
1,164 | Arrow Financial Corp | 32 | ||||||||
51,058 | Associated Banc-Corp | 957 | ||||||||
4,424 | Astoria Financial Corp | 70 | ||||||||
1,050,547 | Australia & New Zealand Banking Group Ltd | 21,200 | ||||||||
5,061,924 | Banca Intesa S.p.A. | 16,811 | ||||||||
847,234 | Banca Intesa S.p.A. RSP | 2,588 | ||||||||
2,182,951 | Banco Bilbao Vizcaya Argentaria S.A. | 15,950 | ||||||||
964,152 | Bank Hapoalim Ltd | 4,977 | ||||||||
38,983 | Bank Mutual Corp | 304 | ||||||||
25,289 | Bank of Hawaii Corp | 1,591 | ||||||||
96,962 | * | Bank of Montreal | 5,471 | |||||||
305,383 | Bank of Nova Scotia | 12,353 | ||||||||
3,264 | Bank of the Ozarks, Inc | 161 | ||||||||
14,955 | Banner Corp | 686 | ||||||||
910,937 | BB&T Corp | 34,442 | ||||||||
41,699 | BBCN Bancorp, Inc | 718 | ||||||||
326 | Bendigo Bank Ltd | 3 | ||||||||
1,202 | * | Beneficial Bancorp, Inc | 16 | |||||||
27,135 | Berkshire Hills Bancorp, Inc | 790 | ||||||||
12,850 | e | BOK Financial Corp | 768 | |||||||
63,695 | Boston Private Financial Holdings, Inc | 722 | ||||||||
9,648 | Brookline Bancorp, Inc | 111 | ||||||||
2,735 | Camden National Corp | 121 | ||||||||
5,386 | e | Canadian Imperial Bank of Commerce/Canada | 355 | |||||||
28,343 | Capital Bank Financial Corp | 906 | ||||||||
7,221 | Capitol Federal Financial | 91 | ||||||||
5,264 | Cardinal Financial Corp | 120 | ||||||||
3,360 | Cathay General Bancorp | 105 | ||||||||
27,540 | Centerstate Banks of Florida, Inc | 431 | ||||||||
134,058 | CIT Group, Inc | 5,322 | ||||||||
17,464 | CoBiz, Inc | 234 | ||||||||
2,120 | Columbia Banking System, Inc | 69 | ||||||||
164,058 | Comerica, Inc | 6,863 | ||||||||
64,211 | Commerce Bancshares, Inc | 2,732 | ||||||||
500,286 | Commonwealth Bank of Australia | 30,930 | ||||||||
3,936 | e | Community Bank System, Inc | 157 | |||||||
101,580 | Criteria CaixaBank S.A. | 354 | ||||||||
9,127 | e | Cullen/Frost Bankers, Inc | 548 | |||||||
46,680 | * | Customers Bancorp, Inc | 1,271 | |||||||
95,200 | DBS Group Holdings Ltd | 1,116 | ||||||||
66,896 | DNB NOR Holding ASA | 824 | ||||||||
10,051 | East West Bancorp, Inc | 418 | ||||||||
49,985 | * | FCB Financial Holdings, Inc | 1,789 | |||||||
14,531 | Federal Agricultural Mortgage Corp (Class C) | 459 | ||||||||
5,021 | First Bancorp (NC) | 94 | ||||||||
451 | First Citizens Bancshares, Inc (Class A) | 116 | ||||||||
106,588 | First Commonwealth Financial Corp | 967 | ||||||||
2,793 | First Community Bancshares, Inc | 52 |
371 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
6,726 | First Financial Bancorp | $ | 122 | |||||||
26,945 | e | First Financial Bankshares, Inc | 813 | |||||||
24,484 | First Interstate Bancsystem, Inc | 712 | ||||||||
15,572 | First Merchants Corp | 396 | ||||||||
235,971 | First Niagara Financial Group, Inc | 2,560 | ||||||||
16,186 | FNB Corp | 216 | ||||||||
2,590 | e | Glacier Bancorp, Inc | 69 | |||||||
2,960 | Great Southern Bancorp, Inc | 134 | ||||||||
5,441 | Hancock Holding Co | 137 | ||||||||
540,300 | Hang Seng Bank Ltd | 10,240 | ||||||||
16,889 | Heartland Financial USA, Inc | 530 | ||||||||
5,270 | Heritage Financial Corp | 99 | ||||||||
16,335 | * | HomeStreet, Inc | 355 | |||||||
25,514 | * | HomeTrust Bancshares, Inc | 517 | |||||||
4,900,694 | HSBC Holdings plc | 38,687 | ||||||||
9,593 | IBERIABANK Corp | 528 | ||||||||
8,671 | Independent Bank Corp (MA) | 403 | ||||||||
1,147 | International Bancshares Corp | 29 | ||||||||
20,614 | Investors Bancorp, Inc | 256 | ||||||||
209,613 | KBC Groep NV | 13,106 | ||||||||
1,087,506 | Keycorp | 14,344 | ||||||||
21,058 | Lakeland Bancorp, Inc | 248 | ||||||||
170,095 | M&T Bank Corp | 20,612 | ||||||||
1,800 | MB Financial, Inc | 58 | ||||||||
61,360 | * | MGIC Investment Corp | 542 | |||||||
597,000 | Mitsui Trust Holdings, Inc | 2,261 | ||||||||
6,775,800 | Mizuho Financial Group, Inc | 13,552 | ||||||||
937,470 | National Australia Bank Ltd | 20,457 | ||||||||
44,990 | National Bank Holdings Corp | 961 | ||||||||
68,401 | National Penn Bancshares, Inc | 843 | ||||||||
996,789 | Natixis | 5,639 | ||||||||
1,500 | NBT Bancorp, Inc | 42 | ||||||||
145,456 | New York Community Bancorp, Inc | 2,374 | ||||||||
1,196,417 | Nordea Bank AB | 13,127 | ||||||||
11,094 | Northfield Bancorp, Inc | 177 | ||||||||
57,600 | e | OFG Bancorp | 422 | |||||||
19,938 | Old National Bancorp | 270 | ||||||||
6,303 | Opus Bank | 233 | ||||||||
22,911 | PacWest Bancorp | 987 | ||||||||
6,688 | Peoples Bancorp, Inc | 126 | ||||||||
2,728 | e | People’s United Financial, Inc | 44 | |||||||
22,527 | * | PHH Corp | 365 | |||||||
7,054 | Pinnacle Financial Partners, Inc | 362 | ||||||||
414,488 | PNC Financial Services Group, Inc | 39,505 | ||||||||
130,498 | Popular, Inc | 3,698 | ||||||||
20,422 | PrivateBancorp, Inc | 838 | ||||||||
53,363 | Provident Financial Services, Inc | 1,075 | ||||||||
244,880 | Radian Group, Inc | 3,279 | ||||||||
12,261 | Renasant Corp | 422 | ||||||||
162,700 | Resona Holdings, Inc | 790 | ||||||||
280,979 | e | Royal Bank of Canada | 15,057 | |||||||
1,000 | S&T Bancorp, Inc | 31 |
372 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
183,355 | Skandinaviska Enskilda Banken AB (Class A) | $ | 1,928 | |||||||
10,441 | e | Southside Bancshares, Inc | 251 | |||||||
1,131,530 | Standard Chartered plc | 9,388 | ||||||||
7,477 | State Bank & Trust Co | 157 | ||||||||
1,445 | Stock Yards Bancorp, Inc | 55 | ||||||||
488,800 | Sumitomo Mitsui Financial Group, Inc | 18,448 | ||||||||
28,454 | * | SVB Financial Group | 3,383 | |||||||
51,515 | Swedbank AB (A Shares) | 1,135 | ||||||||
800 | * | Texas Capital Bancshares, Inc | 40 | |||||||
41,386 | * | The Bancorp, Inc | 264 | |||||||
560,198 | e | Toronto-Dominion Bank | 21,959 | |||||||
4,770 | * | Tristate Capital Holdings, Inc | 67 | |||||||
1,700 | Trustmark Corp | 39 | ||||||||
9,733 | UMB Financial Corp | 453 | ||||||||
35,151 | Umpqua Holdings Corp | 559 | ||||||||
2,479 | Union Bankshares Corp | 63 | ||||||||
10,908 | e | United Bankshares, Inc | 403 | |||||||
5,569 | United Financial Bancorp, Inc (New) | 72 | ||||||||
993,473 | US Bancorp | 42,391 | ||||||||
2,877 | * | Walker & Dunlop, Inc | 83 | |||||||
37,869 | *,e | Walter Investment Management Corp | 538 | |||||||
13,956 | Webster Financial Corp | 519 | ||||||||
3,652 | WesBanco, Inc | 110 | ||||||||
12,276 | e | Westamerica Bancorporation | 574 | |||||||
50,433 | * | Western Alliance Bancorp | 1,808 | |||||||
1,080,806 | Westpac Banking Corp | 26,198 | ||||||||
51,792 | Wilshire Bancorp, Inc | 598 | ||||||||
1,110 | Wintrust Financial Corp | 54 | ||||||||
37,356 | Zions Bancorporation | 1,020 | ||||||||
TOTAL BANKS | 542,996 | |||||||||
CAPITAL GOODS - 4.1% | ||||||||||
333,306 | 3M Co | 50,210 | ||||||||
6,541 | A.O. Smith Corp | 501 | ||||||||
9,110 | e | Advanced Drainage Systems, Inc | 219 | |||||||
75,930 | Alfa Laval AB | 1,386 | ||||||||
1,796 | American Science & Engineering, Inc | 74 | ||||||||
310,304 | Ametek, Inc | 16,629 | ||||||||
4,886 | Argan, Inc | 158 | ||||||||
44,954 | * | ArvinMeritor, Inc | 375 | |||||||
368,000 | e | Asahi Glass Co Ltd | 2,108 | |||||||
134,798 | Assa Abloy AB | 2,822 | ||||||||
167,942 | Atlas Copco AB (A Shares) | 4,119 | ||||||||
242,593 | Atlas Copco AB (B Shares) | 5,577 | ||||||||
102,199 | Barnes Group, Inc | 3,617 | ||||||||
2,120 | * | Beacon Roofing Supply, Inc | 87 | |||||||
107,493 | Bouygues S.A. | 4,262 | ||||||||
29,997 | Briggs & Stratton Corp | 519 | ||||||||
116,374 | * | Builders FirstSource, Inc | 1,289 | |||||||
177,259 | Bunzl plc | 4,918 | ||||||||
235,563 | e | Caterpillar, Inc | 16,009 | |||||||
818 | e | Chicago Bridge & Iron Co NV | 32 |
373 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
838,021 | CNH Industrial NV | $ | 5,740 | |||||||
321,931 | Compagnie de Saint-Gobain | 13,951 | ||||||||
196,231 | Cummins, Inc | 17,270 | ||||||||
47,600 | Daikin Industries Ltd | 3,466 | ||||||||
441,807 | Danaher Corp | 41,035 | ||||||||
288,092 | e | Deere & Co | 21,973 | |||||||
7,468 | Dover Corp | 458 | ||||||||
343,966 | Eaton Corp | 17,900 | ||||||||
4,941 | EMCOR Group, Inc | 237 | ||||||||
4,487 | EnerSys | 251 | ||||||||
19,159 | * | Esterline Technologies Corp | 1,552 | |||||||
152,130 | e | Fastenal Co | 6,210 | |||||||
98,441 | Ferrovial S.A. | 2,226 | ||||||||
215 | Flowserve Corp | 9 | ||||||||
558 | Fluor Corp | 26 | ||||||||
41,392 | * | Furmanite Corp | 276 | |||||||
21,626 | GEA Group AG. | 874 | ||||||||
21,073 | Geberit AG. | 7,138 | ||||||||
20,413 | H&E Equipment Services, Inc | 357 | ||||||||
62,217 | Hexcel Corp | 2,890 | ||||||||
164,600 | Hino Motors Ltd | 1,902 | ||||||||
83,600 | e | Hitachi Construction Machinery Co Ltd | 1,300 | |||||||
363,611 | Illinois Tool Works, Inc | 33,700 | ||||||||
134,981 | Ingersoll-Rand plc | 7,463 | ||||||||
500 | * | Jacobs Engineering Group, Inc | 21 | |||||||
96,000 | Kawasaki Heavy Industries Ltd | 355 | ||||||||
1,269,870 | Keppel Corp Ltd | 5,801 | ||||||||
26,450 | *,e | KEYW Holding Corp | 159 | |||||||
478,400 | Komatsu Ltd | 7,828 | ||||||||
364,587 | Koninklijke Philips Electronics NV | 9,306 | ||||||||
374,000 | Kubota Corp | 5,778 | ||||||||
25,552 | Legrand S.A. | 1,445 | ||||||||
676 | Lincoln Electric Holdings, Inc | 35 | ||||||||
438,365 | Masco Corp | 12,406 | ||||||||
121,857 | Meggitt plc | 673 | ||||||||
1,101 | * | Middleby Corp | 119 | |||||||
839,200 | Mitsubishi Corp | 13,959 | ||||||||
794,000 | Mitsubishi Electric Corp | 8,335 | ||||||||
6,490 | * | MYR Group, Inc | 134 | |||||||
83,000 | NGK Insulators Ltd | 1,871 | ||||||||
71,454 | Nordson Corp | 4,584 | ||||||||
95,100 | NSK Ltd | 1,033 | ||||||||
150,887 | Owens Corning, Inc | 7,096 | ||||||||
287,650 | Paccar, Inc | 13,635 | ||||||||
35,585 | Parker Hannifin Corp | 3,451 | ||||||||
105,679 | Pentair plc | 5,234 | ||||||||
127,194 | *,e | Plug Power, Inc | 268 | |||||||
142,333 | Precision Castparts Corp | 33,023 | ||||||||
75,812 | * | Quanta Services, Inc | 1,535 | |||||||
69,394 | Rexel S.A. | 924 | ||||||||
30,501 | Rockwell Automation, Inc | 3,130 | ||||||||
55,321 | Rockwell Collins, Inc | 5,106 |
374 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
36,922 | Roper Industries, Inc | $ | 7,007 | |||||||
9,907 | * | Rush Enterprises, Inc (Class A) | 217 | |||||||
238,948 | Sandvik AB | 2,083 | ||||||||
271,995 | Schneider Electric S.A. | 15,450 | ||||||||
84,000 | Shimizu Corp | 685 | ||||||||
43,110 | Skanska AB (B Shares) | 836 | ||||||||
42,500 | SKF AB (B Shares) | 686 | ||||||||
148,101 | Smiths Group plc | 2,048 | ||||||||
153 | Snap-On, Inc | 26 | ||||||||
22,131 | Sulzer AG. | 2,080 | ||||||||
1,018,600 | Sumitomo Corp | 10,385 | ||||||||
5,435 | TAL International Group, Inc | 86 | ||||||||
29,654 | Tennant Co | 1,668 | ||||||||
8,405 | *,e | Titan Machinery, Inc | 92 | |||||||
72,400 | Toyota Tsusho Corp | 1,694 | ||||||||
45,231 | Travis Perkins plc | 1,312 | ||||||||
18,214 | * | United Rentals, Inc | 1,321 | |||||||
7,724 | *,e | Veritiv Corp | 280 | |||||||
94,226 | Vestas Wind Systems AS | 6,581 | ||||||||
264,752 | Vinci S.A. | 16,969 | ||||||||
898,611 | Volvo AB (B Shares) | 8,332 | ||||||||
260 | e | W.W. Grainger, Inc | 53 | |||||||
15,766 | * | Wabash National Corp | 187 | |||||||
70,068 | Wartsila Oyj (B Shares) | 3,199 | ||||||||
121,923 | Wolseley plc | 6,622 | ||||||||
20,710 | Woodward Governor Co | 1,029 | ||||||||
TOTAL CAPITAL GOODS | 541,287 | |||||||||
COMMERCIAL & PROFESSIONAL SERVICES - 0.4% | ||||||||||
2,604 | ABM Industries, Inc | 74 | ||||||||
52,489 | Acacia Research (Acacia Technologies) | 225 | ||||||||
203,949 | * | ACCO Brands Corp | 1,454 | |||||||
12,234 | Administaff, Inc | 589 | ||||||||
1,518 | e | ADT Corp | 50 | |||||||
75,021 | Aggreko plc | 1,010 | ||||||||
285,597 | Brambles Ltd | 2,392 | ||||||||
269,660 | Capita Group plc | 4,798 | ||||||||
9,841 | CEB, Inc | 604 | ||||||||
2,394 | * | Copart, Inc | 91 | |||||||
55,000 | Dai Nippon Printing Co Ltd | 544 | ||||||||
24,020 | Deluxe Corp | 1,310 | ||||||||
68,161 | Dun & Bradstreet Corp | 7,084 | ||||||||
23,123 | Equifax, Inc | 2,575 | ||||||||
5,220 | Exponent, Inc | 261 | ||||||||
2,000 | Heidrick & Struggles International, Inc | 54 | ||||||||
6,421 | HNI Corp | 232 | ||||||||
2,948 | * | ICF International, Inc | 105 | |||||||
9,308 | * | IHS, Inc (Class A) | 1,102 | |||||||
19,643 | Interface, Inc | 376 | ||||||||
77,051 | Intertek Group plc | 3,152 | ||||||||
4,335 | Kelly Services, Inc (Class A) | 70 | ||||||||
5,113 | Kforce, Inc | 129 |
375 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
30,322 | Manpower, Inc | $ | 2,556 | |||||||
11,581 | * | Mistras Group, Inc | 221 | |||||||
2,100 | Mobile Mini, Inc | 65 | ||||||||
31,281 | * | Navigant Consulting, Inc | 502 | |||||||
1,000 | * | On Assignment, Inc | 45 | |||||||
109,843 | R.R. Donnelley & Sons Co | 1,617 | ||||||||
8,726 | Resources Connection, Inc | 143 | ||||||||
160,537 | Robert Half International, Inc | 7,568 | ||||||||
16,303 | * | RPX Corp | 179 | |||||||
56,100 | Secom Co Ltd | 3,802 | ||||||||
4,679 | SGS S.A. | 8,893 | ||||||||
1,544 | * | SP Plus Corp | 37 | |||||||
27,563 | Tetra Tech, Inc | 717 | ||||||||
113,000 | Toppan Printing Co Ltd | 1,041 | ||||||||
3,462 | Tyco International plc | 110 | ||||||||
13,021 | Viad Corp | 368 | ||||||||
21,774 | Waste Management, Inc | 1,162 | ||||||||
TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 57,307 | |||||||||
CONSUMER DURABLES & APPAREL - 1.1% | ||||||||||
148,548 | Adidas-Salomon AG. | 14,418 | ||||||||
407,529 | Barratt Developments plc | 3,755 | ||||||||
97,796 | Burberry Group plc | 1,721 | ||||||||
87,628 | Callaway Golf Co | 825 | ||||||||
47,248 | Christian Dior S.A. | 8,026 | ||||||||
9,336 | Columbia Sportswear Co | 455 | ||||||||
1,447 | CSS Industries, Inc | 41 | ||||||||
24,000 | Electrolux AB (Series B) | 579 | ||||||||
21,476 | e | Ethan Allen Interiors, Inc | 598 | |||||||
23,400 | Gildan Activewear, Inc | 665 | ||||||||
29,168 | Hanesbrands, Inc | 858 | ||||||||
536 | Hasbro, Inc | 36 | ||||||||
102,799 | * | Kate Spade & Co | 1,827 | |||||||
846,900 | Matsushita Electric Industrial Co Ltd | 8,585 | ||||||||
433,141 | e | Mattel, Inc | 11,768 | |||||||
36,199 | * | Meritage Homes Corp | 1,230 | |||||||
362 | * | Michael Kors Holdings Ltd | 15 | |||||||
10,272 | * | Mohawk Industries, Inc | 1,945 | |||||||
20,763 | Movado Group, Inc | 534 | ||||||||
607 | Newell Rubbermaid, Inc | 27 | ||||||||
756,504 | Nike, Inc (Class B) | 47,282 | ||||||||
73,900 | e | Nikon Corp | 990 | |||||||
28,027 | Pandora AS | 3,534 | ||||||||
50,000 | Sekisui Chemical Co Ltd | 653 | ||||||||
98,400 | Sekisui House Ltd | 1,655 | ||||||||
351,100 | Sony Corp | 8,629 | ||||||||
167,544 | Taylor Wimpey plc | 501 | ||||||||
4,442 | e | Tupperware Corp | 247 | |||||||
50,725 | *,e | Under Armour, Inc (Class A) | 4,089 | |||||||
19,426 | * | Unifi, Inc | 547 | |||||||
138,658 | VF Corp | 8,631 | ||||||||
680 | Whirlpool Corp | 100 |
376 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
458,500 | Yue Yuen Industrial Holdings | $ | 1,553 | |||||||
TOTAL CONSUMER DURABLES & APPAREL | 136,319 | |||||||||
CONSUMER SERVICES - 1.5% | ||||||||||
140,014 | Accor S.A. | 6,064 | ||||||||
7,799 | * | Ascent Media Corp (Series A) | 130 | |||||||
1,289 | Bob Evans Farms, Inc | 50 | ||||||||
25,421 | Brinker International, Inc | 1,219 | ||||||||
67,510 | Choice Hotels International, Inc | 3,403 | ||||||||
90,565 | Darden Restaurants, Inc | 5,764 | ||||||||
1,346 | DineEquity, Inc | 114 | ||||||||
13,470 | Domino’s Pizza, Inc | 1,499 | ||||||||
7,832 | e | Dunkin Brands Group, Inc | 334 | |||||||
5,445 | Hilton Worldwide Holdings, Inc | 116 | ||||||||
189,898 | InterContinental Hotels Group plc | 7,402 | ||||||||
10,177 | * | Intrawest Resorts Holdings Inc | 80 | |||||||
6,202 | Marcus Corp | 118 | ||||||||
290,043 | e | Marriott International, Inc (Class A) | 19,444 | |||||||
469,441 | McDonald’s Corp | 55,460 | ||||||||
441,450 | * | MGM Resorts International | 10,030 | |||||||
52,700 | Oriental Land Co Ltd | 3,188 | ||||||||
18,556 | * | Popeyes Louisiana Kitchen, Inc | 1,086 | |||||||
35,515 | Royal Caribbean Cruises Ltd | 3,594 | ||||||||
118,640 | * | Ruby Tuesday, Inc | 654 | |||||||
95,145 | * | ServiceMaster Global Holdings, Inc | 3,733 | |||||||
29,578 | Sonic Corp | 956 | ||||||||
827,813 | Starbucks Corp | 49,693 | ||||||||
89,029 | Starwood Hotels & Resorts Worldwide, Inc | 6,168 | ||||||||
215,710 | TUI AG. (DI) | 3,851 | ||||||||
93,278 | Whitbread plc | 6,046 | ||||||||
745,304 | William Hill plc | 4,350 | ||||||||
461 | Wyndham Worldwide Corp | 33 | ||||||||
TOTAL CONSUMER SERVICES | 194,579 | |||||||||
DIVERSIFIED FINANCIALS - 3.3% | ||||||||||
877,251 | 3i Group plc | 6,214 | ||||||||
834,893 | Aberdeen Asset Management plc | 3,558 | ||||||||
93,100 | AEON Financial Service Co Ltd | 2,080 | ||||||||
30,126 | * | Ally Financial, Inc | 562 | |||||||
513,353 | American Express Co | 35,704 | ||||||||
1,494 | Ameriprise Financial, Inc | 159 | ||||||||
909,353 | Bank of New York Mellon Corp | 37,484 | ||||||||
106,899 | BlackRock, Inc | 36,401 | ||||||||
1,071,508 | Charles Schwab Corp | 35,285 | ||||||||
308,966 | CME Group, Inc | 27,992 | ||||||||
1,362 | Cohen & Steers, Inc | 42 | ||||||||
4,349 | *,e | Credit Acceptance Corp | 931 | |||||||
150,034 | Deutsche Boerse AG. | 13,188 | ||||||||
567,210 | Discover Financial Services | 30,414 | ||||||||
28,426 | Eurazeo | 1,960 | ||||||||
129,434 | Exor S.p.A. | 5,875 | ||||||||
6,214 | Factset Research Systems, Inc | 1,010 |
377 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
366,118 | Franklin Resources, Inc | $ | 13,480 | |||||||
24,115 | * | Green Dot Corp | 396 | |||||||
556,395 | Hong Kong Exchanges and Clearing Ltd | 14,174 | ||||||||
103,529 | Industrivarden AB | 1,771 | ||||||||
1,319,590 | ING Groep NV | 17,854 | ||||||||
116,184 | IntercontinentalExchange Group, Inc | 29,773 | ||||||||
502,870 | Invesco Ltd | 16,836 | ||||||||
785,059 | Investec plc | 5,535 | ||||||||
35,326 | Investment Technology Group, Inc | 601 | ||||||||
61,166 | Janus Capital Group, Inc | 862 | ||||||||
58,141 | Kinnevik Investment AB (Series B) | 1,791 | ||||||||
62,663 | Legg Mason, Inc | 2,458 | ||||||||
280,256 | London Stock Exchange Group plc | 11,339 | ||||||||
440,100 | Mitsubishi UFJ Lease & Finance Co Ltd | 2,265 | ||||||||
76,231 | NASDAQ OMX Group, Inc | 4,434 | ||||||||
16,056 | Nelnet, Inc (Class A) | 539 | ||||||||
432,082 | Northern Trust Corp | 31,149 | ||||||||
5,879 | * | Pico Holdings, Inc | 61 | |||||||
10,635 | * | Safeguard Scientifics, Inc | 154 | |||||||
111,769 | Schroders plc | 4,895 | ||||||||
421,536 | State Street Corp | 27,973 | ||||||||
208,262 | T Rowe Price Group, Inc | 14,889 | ||||||||
4,056 | TD Ameritrade Holding Corp | 141 | ||||||||
1,664 | Voya Financial, Inc | 61 | ||||||||
19,849 | Wendel | 2,361 | ||||||||
104,555 | e | WisdomTree Investments, Inc | 1,639 | |||||||
TOTAL DIVERSIFIED FINANCIALS | 446,290 | |||||||||
ENERGY - 3.6% | ||||||||||
130,267 | e | AltaGas Income Trust | 2,909 | |||||||
82,098 | AMEC plc | 518 | ||||||||
646 | *,e | Antero Resources Corp | 14 | |||||||
300,897 | Apache Corp | 13,381 | ||||||||
78,800 | e | ARC Resources Ltd | 951 | |||||||
17,093 | e | Atwood Oceanics, Inc | 175 | |||||||
263,749 | Baker Hughes, Inc | 12,172 | ||||||||
1,303,405 | BG Group plc | 18,894 | ||||||||
67,305 | *,e | C&J Energy Services Ltd | 320 | |||||||
85,409 | * | Callon Petroleum Co | 712 | |||||||
244,420 | Caltex Australia Ltd | 6,681 | ||||||||
119,907 | * | Cameron International Corp | 7,578 | |||||||
3,077 | e | CARBO Ceramics, Inc | 53 | |||||||
724,228 | Cenovus Energy, Inc (Toronto) | 9,160 | ||||||||
245,497 | * | Cheniere Energy, Inc | 9,145 | |||||||
61,417 | Cimarex Energy Co | 5,490 | ||||||||
92,211 | *,e | Clean Energy Fuels Corp | 332 | |||||||
417,653 | Columbia Pipeline Group, Inc | 8,353 | ||||||||
30,233 | * | Concho Resources, Inc | 2,807 | |||||||
273,621 | ConocoPhillips | 12,775 | ||||||||
255,515 | *,e | Continental Resources, Inc | 5,872 | |||||||
174,955 | e | Crescent Point Energy Corp | 2,038 | |||||||
7,175 | Delek Group Ltd | 1,437 |
378 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
2,500 | Delek US Holdings, Inc | $ | 62 | |||||||
478,413 | Devon Energy Corp | 15,309 | ||||||||
465,128 | Enbridge, Inc | 15,463 | ||||||||
520,282 | EnCana Corp | 2,643 | ||||||||
2,011 | Energen Corp | 82 | ||||||||
2,514 | Ensco plc | 39 | ||||||||
442,537 | EOG Resources, Inc | 31,327 | ||||||||
42,633 | EQT Corp | 2,223 | ||||||||
1,694 | * | FMC Technologies, Inc | 49 | |||||||
322,413 | Galp Energia SGPS S.A. | 3,762 | ||||||||
18,384 | *,e | Geospace Technologies Corp | 259 | |||||||
16,052 | Green Plains Renewable Energy, Inc | 368 | ||||||||
307,564 | Hess Corp | 14,911 | ||||||||
315,600 | Inpex Holdings, Inc | 3,077 | ||||||||
152,955 | e | Keyera Corp | 4,450 | |||||||
573,146 | Kinder Morgan, Inc | 8,551 | ||||||||
35,320 | Koninklijke Vopak NV | 1,521 | ||||||||
519,189 | Marathon Oil Corp | 6,537 | ||||||||
457,443 | Marathon Petroleum Corp | 23,714 | ||||||||
21,626 | * | Matrix Service Co | 444 | |||||||
308,654 | *,e | McDermott International, Inc | 1,034 | |||||||
141,335 | * | MEG Energy Corp | 819 | |||||||
421,557 | National Oilwell Varco, Inc | 14,118 | ||||||||
10,984 | * | Natural Gas Services Group, Inc | 245 | |||||||
174,129 | Neste Oil Oyj | 5,197 | ||||||||
232,452 | Noble Energy, Inc | 7,655 | ||||||||
494,317 | Occidental Petroleum Corp | 33,421 | ||||||||
225,695 | OMV AG. | 6,406 | ||||||||
155,731 | Oneok, Inc | 3,840 | ||||||||
39,397 | *,e | PDC Energy, Inc | 2,103 | |||||||
234,611 | Petrofac Ltd | 2,752 | ||||||||
414,975 | Phillips 66 | 33,945 | ||||||||
136,604 | Pioneer Natural Resources Co | 17,127 | ||||||||
964,308 | e | Repsol YPF S.A. | 10,616 | |||||||
7,692 | *,e | RigNet, Inc | 159 | |||||||
894 | *,e | SEACOR Holdings, Inc | 47 | |||||||
20,773 | e | SM Energy Co | 408 | |||||||
856,388 | Spectra Energy Corp | 20,502 | ||||||||
780,275 | Statoil ASA | 10,882 | ||||||||
663,637 | Suncor Energy, Inc | 17,132 | ||||||||
88,722 | Superior Energy Services | 1,195 | ||||||||
15,289 | Technip S.A. | 760 | ||||||||
118,436 | Tenaris S.A. | 1,403 | ||||||||
16,079 | Tesco Corp | 116 | ||||||||
9,750 | Tesoro Corp | 1,027 | ||||||||
83,049 | * | Tetra Technologies, Inc | 625 | |||||||
36,311 | *,e | Ultra Petroleum Corp | 91 | |||||||
27,062 | *,e | Unit Corp | 330 | |||||||
166,554 | Valero Energy Corp | 11,777 | ||||||||
495,554 | * | Weatherford International Ltd | 4,158 | |||||||
91,978 | Western Refining, Inc | 3,276 | ||||||||
1,009 | * | Whiting Petroleum Corp | 10 |
379 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
447,571 | Williams Cos, Inc | $ | 11,503 | |||||||
249,062 | Woodside Petroleum Ltd | 5,189 | ||||||||
TOTAL ENERGY | 486,426 | |||||||||
FOOD & STAPLES RETAILING - 0.9% | ||||||||||
179,300 | Aeon Co Ltd | 2,762 | ||||||||
181,633 | Carrefour S.A. | 5,242 | ||||||||
41,075 | e | Casino Guichard Perrachon S.A. | 1,887 | |||||||
25,015 | Colruyt S.A. | 1,287 | ||||||||
45,206 | Delhaize Group | 4,400 | ||||||||
558,408 | e | J Sainsbury plc | 2,126 | |||||||
59,300 | Jeronimo Martins SGPS S.A. | 772 | ||||||||
56,260 | Koninklijke Ahold NV | 1,187 | ||||||||
737,103 | Kroger Co | 30,833 | ||||||||
85,087 | Loblaw Cos Ltd | 4,018 | ||||||||
71,151 | Metro AG. | 2,267 | ||||||||
5,869 | *,e | Natural Grocers by Vitamin C | 119 | |||||||
159,500 | Seven & I Holdings Co Ltd | 7,303 | ||||||||
9,498 | Spartan Stores, Inc | 205 | ||||||||
761,272 | Sysco Corp | 31,212 | ||||||||
3,281,202 | * | Tesco plc | 7,210 | |||||||
286,178 | Wesfarmers Ltd | 8,628 | ||||||||
180,663 | Whole Foods Market, Inc | 6,052 | ||||||||
530,416 | e | WM Morrison Supermarkets plc | 1,156 | |||||||
TOTAL FOOD & STAPLES RETAILING | 118,666 | |||||||||
FOOD, BEVERAGE & TOBACCO - 2.5% | ||||||||||
377,000 | Ajinomoto Co, Inc | 8,926 | ||||||||
112,409 | Aryzta AG. | 5,687 | ||||||||
292,542 | Associated British Foods plc | 14,395 | ||||||||
29,826 | Bunge Ltd | 2,037 | ||||||||
12,243 | e | Calavo Growers, Inc | 600 | |||||||
225,312 | Campbell Soup Co | 11,840 | ||||||||
511,549 | Coca-Cola Amatil Ltd | 3,449 | ||||||||
2,943 | Coca-Cola Enterprises, Inc | 145 | ||||||||
181,185 | Coca-Cola HBC AG. | 3,858 | ||||||||
133,964 | ConAgra Foods, Inc | 5,648 | ||||||||
19,775 | * | Darling International, Inc | 208 | |||||||
9,044 | * | Diamond Foods, Inc | 349 | |||||||
15,387 | Dr Pepper Snapple Group, Inc | 1,434 | ||||||||
14,539 | Flowers Foods, Inc | 312 | ||||||||
5,006 | Fresh Del Monte Produce, Inc | 195 | ||||||||
619,078 | General Mills, Inc | 35,696 | ||||||||
280,404 | Groupe Danone | 18,948 | ||||||||
2,224 | Hormel Foods Corp | 176 | ||||||||
1,489 | J.M. Smucker Co | 184 | ||||||||
323,360 | Kellogg Co | 23,369 | ||||||||
95,476 | Kerry Group plc (Class A) | 7,900 | ||||||||
92,219 | Keurig Green Mountain, Inc | 8,298 | ||||||||
133,000 | Kikkoman Corp | 4,608 | ||||||||
408,465 | Kraft Heinz Co | 29,720 | ||||||||
1,163 | Lindt & Spruengli AG. | 7,263 |
380 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
91 | Lindt & Spruengli AG. (Registered) | $ | 6,780 | |||||||
990 | McCormick & Co, Inc | 85 | ||||||||
75,316 | Mead Johnson Nutrition Co | 5,946 | ||||||||
1,015,822 | Mondelez International, Inc | 45,549 | ||||||||
36,400 | Nissin Food Products Co Ltd | 1,931 | ||||||||
152,793 | Orkla ASA | 1,205 | ||||||||
645,075 | PepsiCo, Inc | 64,456 | ||||||||
112,900 | Suntory Beverage & Food Ltd | 4,942 | ||||||||
396,114 | Tate & Lyle plc | 3,489 | ||||||||
25,700 | Toyo Suisan Kaisha Ltd | 896 | ||||||||
2,039 | * | WhiteWave Foods Co (Class A) | 79 | |||||||
79,200 | Yakult Honsha Co Ltd | 3,876 | ||||||||
TOTAL FOOD, BEVERAGE & TOBACCO | 334,479 | |||||||||
HEALTH CARE EQUIPMENT & SERVICES - 2.2% | ||||||||||
14,105 | Abaxis, Inc | 785 | ||||||||
48,000 | * | Acadia Healthcare Co, Inc | 2,998 | |||||||
5,828 | Aceto Corp | 157 | ||||||||
43,900 | Alfresa Holdings Corp | 867 | ||||||||
8,037 | * | Align Technology, Inc | 529 | |||||||
70,322 | * | Amedisys, Inc | 2,765 | |||||||
233,720 | AmerisourceBergen Corp | 24,239 | ||||||||
27,709 | * | AMN Healthcare Services, Inc | 860 | |||||||
14,038 | * | Amsurg Corp | 1,067 | |||||||
4,975 | Analogic Corp | 411 | ||||||||
21,695 | * | Angiodynamics, Inc | 263 | |||||||
200,981 | Anthem, Inc | 28,025 | ||||||||
14,016 | *,e | athenahealth, Inc | 2,256 | |||||||
5,674 | * | AtriCure, Inc | 127 | |||||||
227,343 | Becton Dickinson & Co | 35,031 | ||||||||
38,727 | * | Brookdale Senior Living, Inc | 715 | |||||||
19,911 | * | Capital Senior Living Corp | 415 | |||||||
373,176 | Cardinal Health, Inc | 33,313 | ||||||||
141,676 | * | Centene Corp | 9,324 | |||||||
203,334 | * | Cerner Corp | 12,235 | |||||||
123,596 | *,e | Cerus Corp | 781 | |||||||
4,495 | e | Chemed Corp | 673 | |||||||
202,675 | Cigna Corp | 29,657 | ||||||||
80,658 | Coloplast AS | 6,512 | ||||||||
5,885 | e | Computer Programs & Systems, Inc | 293 | |||||||
568 | Dentsply International, Inc | 35 | ||||||||
85,994 | * | Edwards Lifesciences Corp | 6,792 | |||||||
928 | * | Envision Healthcare Holdings, Inc | 24 | |||||||
117,007 | Essilor International S.A. | 14,583 | ||||||||
41,904 | * | ExamWorks Group, Inc | 1,115 | |||||||
36,895 | *,e | GenMark Diagnostics, Inc | 286 | |||||||
6,176 | * | Greatbatch, Inc | 324 | |||||||
4,374 | * | Haemonetics Corp | 141 | |||||||
16,556 | * | Hanger Orthopedic Group, Inc | 272 | |||||||
197,615 | Healthscope Ltd | 381 | ||||||||
5,292 | * | HealthStream, Inc | 116 | |||||||
4,669 | * | Healthways, Inc | 60 |
381 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
941 | * | Henry Schein, Inc | $ | 149 | ||||||
10,561 | * | HMS Holdings Corp | 130 | |||||||
2,900 | * | Hologic, Inc | 112 | |||||||
133,333 | Humana, Inc | 23,801 | ||||||||
62,766 | * | Idexx Laboratories, Inc | 4,577 | |||||||
61,900 | * | Inverness Medical Innovations, Inc | 2,420 | |||||||
1,970 | * | Laboratory Corp of America Holdings | 244 | |||||||
2,517 | e | Landauer, Inc | 83 | |||||||
35,057 | * | LDR Holding Corp | 880 | |||||||
9,040 | * | LHC Group, Inc | 409 | |||||||
56,692 | * | LifePoint Hospitals, Inc | 4,161 | |||||||
1,730 | * | MedAssets, Inc | 54 | |||||||
1,474 | * | Medidata Solutions, Inc | 73 | |||||||
37,285 | * | Merit Medical Systems, Inc | 693 | |||||||
38,680 | * | Molina Healthcare, Inc | 2,326 | |||||||
29,647 | * | Natus Medical, Inc | 1,425 | |||||||
43,949 | * | NxStage Medical, Inc | 963 | |||||||
10,655 | * | Omnicell, Inc | 331 | |||||||
63,605 | * | OraSure Technologies, Inc | 410 | |||||||
2,718 | Owens & Minor, Inc | 98 | ||||||||
86,208 | Patterson Cos, Inc | 3,898 | ||||||||
9,453 | * | Premier, Inc | 333 | |||||||
7,075 | * | Providence Service Corp | 332 | |||||||
22,888 | Quality Systems, Inc | 369 | ||||||||
19,707 | * | Quidel Corp | 418 | |||||||
126,828 | Ramsay Health Care Ltd | 6,236 | ||||||||
1,152 | e | Resmed, Inc | 62 | |||||||
236,066 | Ryman Healthcare Ltd | 1,370 | ||||||||
78,658 | Select Medical Holdings Corp | 937 | ||||||||
3,688 | * | Sirona Dental Systems, Inc | 404 | |||||||
3,035 | * | Spectranetics Corp | 46 | |||||||
44,483 | * | Staar Surgical Co | 318 | |||||||
9,158 | * | Surgical Care Affiliates, Inc | 365 | |||||||
39,900 | Suzuken Co Ltd | 1,516 | ||||||||
95,700 | Sysmex Corp | 6,139 | ||||||||
2,895 | * | Triple-S Management Corp (Class B) | 69 | |||||||
25,547 | Universal American Corp | 179 | ||||||||
5,481 | US Physical Therapy, Inc | 294 | ||||||||
725 | * | Varian Medical Systems, Inc | 59 | |||||||
4,541 | * | Vascular Solutions, Inc | 156 | |||||||
4,049 | * | VCA Antech, Inc | 223 | |||||||
33,652 | * | Vocera Communications, Inc | 411 | |||||||
11,103 | * | Wright Medical Group NV | 269 | |||||||
TOTAL HEALTH CARE EQUIPMENT & SERVICES | 286,169 | |||||||||
HOUSEHOLD & PERSONAL PRODUCTS - 1.5% | ||||||||||
573,053 | Colgate-Palmolive Co | 38,177 | ||||||||
121,560 | Estee Lauder Cos (Class A) | 10,704 | ||||||||
1,552 | Henkel KGaA | 148 | ||||||||
49,724 | Henkel KGaA (Preference) | 5,549 | ||||||||
41,500 | Kao Corp | 2,132 | ||||||||
26,354 | Kimberly-Clark Corp | 3,355 |
382 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
63,904 | L’Oreal S.A. | $ | 10,749 | |||||||
29,646 | * | Medifast, Inc | 901 | |||||||
1,021,154 | Procter & Gamble Co | 81,090 | ||||||||
181,363 | Reckitt Benckiser Group plc | 16,781 | ||||||||
14,496 | Svenska Cellulosa AB (B Shares) | 420 | ||||||||
423,636 | Unilever NV | 18,464 | ||||||||
387,405 | Unilever plc | 16,617 | ||||||||
TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 205,087 | |||||||||
INSURANCE - 3.5% | ||||||||||
313,440 | ACE Ltd | 36,625 | ||||||||
295,057 | Aegon NV | 1,669 | ||||||||
510,081 | Aflac, Inc | 30,554 | ||||||||
150,823 | Allianz AG. | 26,587 | ||||||||
1,453,020 | AMP Ltd | 6,122 | ||||||||
10,941 | Arthur J. Gallagher & Co | 448 | ||||||||
79,754 | Aspen Insurance Holdings Ltd | 3,852 | ||||||||
422,667 | Assicurazioni Generali S.p.A. | 7,721 | ||||||||
561,728 | Aviva plc | 4,264 | ||||||||
758,981 | AXA S.A. | 20,738 | ||||||||
30,787 | Axis Capital Holdings Ltd | 1,731 | ||||||||
649,806 | * | Berkshire Hathaway, Inc (Class B) | 85,800 | |||||||
234,043 | Chubb Corp | 31,043 | ||||||||
177,318 | CNP Assurances | 2,392 | ||||||||
11,746 | Employers Holdings, Inc | 321 | ||||||||
1,447 | * | Enstar Group Ltd | 217 | |||||||
279,927 | Hartford Financial Services Group, Inc | 12,166 | ||||||||
463,822 | Insurance Australia Group Ltd | 1,863 | ||||||||
1,916 | Kemper Corp | 71 | ||||||||
35,342 | Legal & General Group plc | 139 | ||||||||
322,937 | Marsh & McLennan Cos, Inc | 17,907 | ||||||||
70,037 | Muenchener Rueckver AG. | 13,954 | ||||||||
2,600 | NKSJ Holdings, Inc | 85 | ||||||||
2,830,172 | Old Mutual plc | 7,445 | ||||||||
15,856 | PartnerRe Ltd | 2,216 | ||||||||
233,299 | Principal Financial Group | 10,494 | ||||||||
448,068 | Progressive Corp | 14,249 | ||||||||
376,398 | Prudential Financial, Inc | 30,643 | ||||||||
814,537 | Prudential plc | 18,351 | ||||||||
2,061 | QBE Insurance Group Ltd | 19 | ||||||||
6,942 | Reinsurance Group of America, Inc (Class A) | 594 | ||||||||
12,747 | RenaissanceRe Holdings Ltd | 1,443 | ||||||||
333,784 | RSA Insurance Group plc | 2,095 | ||||||||
998,241 | Standard Life plc | 5,716 | ||||||||
21,338 | Stewart Information Services Corp | 796 | ||||||||
182,121 | Swiss Re Ltd | 17,787 | ||||||||
172,600 | T&D Holdings, Inc | 2,277 | ||||||||
320,708 | Travelers Cos, Inc | 36,195 | ||||||||
63,749 | Zurich Financial Services AG. | 16,377 | ||||||||
TOTAL INSURANCE | 472,966 |
383 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
MATERIALS - 2.8% | ||||||||||
61,387 | Agnico-Eagle Mines Ltd | $ | 1,614 | |||||||
34,866 | e | Agrium, Inc | 3,116 | |||||||
105,399 | Air Liquide | 11,833 | ||||||||
236,880 | Air Products & Chemicals, Inc | 30,820 | ||||||||
23,600 | Akzo Nobel NV | 1,577 | ||||||||
4,437 | Aptargroup, Inc | 322 | ||||||||
61,000 | Asahi Kasei Corp | 412 | ||||||||
116,427 | Avery Dennison Corp | 7,295 | ||||||||
63,073 | Ball Corp | 4,587 | ||||||||
289,007 | BASF SE | 22,016 | ||||||||
366,160 | Boliden AB | 6,135 | ||||||||
45,761 | Celanese Corp (Series A) | 3,081 | ||||||||
63,760 | *,e | Century Aluminum Co | 282 | |||||||
2,372 | * | Clearwater Paper Corp | 108 | |||||||
131,361 | Commercial Metals Co | 1,798 | ||||||||
142,103 | CRH plc | 4,098 | ||||||||
5,941 | DSM NV | 298 | ||||||||
37,546 | Eastman Chemical Co | 2,535 | ||||||||
295,761 | Ecolab, Inc | 33,829 | ||||||||
5,690 | * | Ferro Corp | 63 | |||||||
282,754 | Fletcher Building Ltd | 1,417 | ||||||||
69,111 | *,e | Flotek Industries, Inc | 791 | |||||||
28,710 | e | Franco-Nevada Corp | 1,313 | |||||||
3,622 | Givaudan S.A. | 6,574 | ||||||||
65,302 | H.B. Fuller Co | 2,382 | ||||||||
48,214 | HeidelbergCement AG. | 3,929 | ||||||||
109,122 | Holcim Ltd | 5,464 | ||||||||
23,190 | Innophos Holdings, Inc | 672 | ||||||||
9,797 | International Flavors & Fragrances, Inc | 1,172 | ||||||||
200,795 | International Paper Co | 7,570 | ||||||||
24,170 | * | Intrepid Potash, Inc | 71 | |||||||
278,800 | JFE Holdings, Inc | 4,378 | ||||||||
21,680 | Johnson Matthey plc | 848 | ||||||||
99,970 | K&S AG. | 2,548 | ||||||||
465,441 | * | Kinross Gold Corp | 844 | |||||||
669,000 | Kobe Steel Ltd | 727 | ||||||||
7,764 | * | Kraton Polymers LLC | 129 | |||||||
58,000 | Kuraray Co Ltd | 703 | ||||||||
85,837 | Linde AG. | 12,400 | ||||||||
173,029 | * | Louisiana-Pacific Corp | 3,116 | |||||||
329,993 | LyondellBasell Industries AF S.C.A | 28,676 | ||||||||
38,519 | Minerals Technologies, Inc | 1,766 | ||||||||
1,828,000 | Mitsubishi Materials Corp | 5,758 | ||||||||
120,960 | Mitsui Chemicals, Inc | 536 | ||||||||
1,024 | Mondi plc | 20 | ||||||||
104,804 | Mosaic Co | 2,892 | ||||||||
9,891 | Myers Industries, Inc | 132 | ||||||||
2,220 | Neenah Paper, Inc | 139 | ||||||||
572,509 | * | Newcrest Mining Ltd | 5,417 | |||||||
479,400 | Nippon Steel Corp | 9,484 | ||||||||
21,200 | Nitto Denko Corp | 1,548 | ||||||||
1,188,005 | Norsk Hydro ASA | 4,416 |
384 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
416,543 | Nucor Corp | $ | 16,787 | |||||||
11,843 | PolyOne Corp | 376 | ||||||||
343,087 | Potash Corp of Saskatchewan | 5,876 | ||||||||
2,189 | PPG Industries, Inc | 216 | ||||||||
259,544 | Praxair, Inc | 26,577 | ||||||||
1,380 | Quaker Chemical Corp | 107 | ||||||||
8,303 | Reliance Steel & Aluminum Co | 481 | ||||||||
114,526 | Royal Gold, Inc | 4,177 | ||||||||
19,955 | Schnitzer Steel Industries, Inc (Class A) | 287 | ||||||||
19,423 | Sealed Air Corp | 866 | ||||||||
52,038 | Sherwin-Williams Co | 13,509 | ||||||||
101,400 | Shin-Etsu Chemical Co Ltd | 5,513 | ||||||||
240,448 | Silver Wheaton Corp | 2,989 | ||||||||
1,200 | Stepan Co | 60 | ||||||||
74,982 | * | Stillwater Mining Co | 643 | |||||||
474,729 | Stora Enso Oyj (R Shares) | 4,293 | ||||||||
731,000 | Sumitomo Chemical Co Ltd | 4,198 | ||||||||
642,000 | Sumitomo Metal Mining Co Ltd | 7,793 | ||||||||
686,545 | e | Teck Cominco Ltd | 2,649 | |||||||
305,000 | Toray Industries, Inc | 2,834 | ||||||||
51,700 | Toyo Seikan Kaisha Ltd | 959 | ||||||||
18,379 | Umicore | 771 | ||||||||
402,900 | UPM-Kymmene Oyj | 7,480 | ||||||||
59,447 | Valspar Corp | 4,931 | ||||||||
4,790 | Wausau Paper Corp | 49 | ||||||||
177,174 | WestRock Co | 8,083 | ||||||||
66,360 | Worthington Industries, Inc | 2,000 | ||||||||
TOTAL MATERIALS | 378,155 | |||||||||
MEDIA - 1.7% | ||||||||||
53,506 | *,e | Charter Communications, Inc | 9,797 | |||||||
42,059 | Cinemark Holdings, Inc | 1,406 | ||||||||
103,369 | *,e | Clear Channel Outdoor Holdings, Inc (Class A) | 578 | |||||||
48,100 | Dentsu, Inc | 2,632 | ||||||||
200,245 | *,e | Discovery Communications, Inc (Class A) | 5,343 | |||||||
429,386 | * | Discovery Communications, Inc (Class C) | 10,829 | |||||||
52,293 | *,e | DreamWorks Animation SKG, Inc (Class A) | 1,348 | |||||||
11,620 | * | Entercom Communications Corp (Class A) | 130 | |||||||
80,337 | Entravision Communications Corp (Class A) | 619 | ||||||||
18,968 | * | Gray Television, Inc | 309 | |||||||
526,783 | ITV plc | 2,145 | ||||||||
1,894 | JC Decaux S.A. | 73 | ||||||||
10,069 | John Wiley & Sons, Inc (Class A) | 453 | ||||||||
15,813 | Lagardere S.C.A. | 472 | ||||||||
20,124 | * | Liberty Broadband Corp (Class A) | 1,039 | |||||||
4,448 | * | Liberty Global plc | 181 | |||||||
2,960 | * | Liberty Global plc (Class A) | 125 | |||||||
17,183 | * | Media General, Inc | 278 | |||||||
177,989 | New York Times Co (Class A) | 2,389 | ||||||||
668,287 | Pearson plc | 7,224 | ||||||||
83,342 | ProSiebenSat. Media AG. | 4,205 | ||||||||
244,919 | Reed Elsevier plc | 4,319 |
385 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,550 | Scholastic Corp | $ | 60 | |||||||
34,566 | Scripps Networks Interactive (Class A) | 1,908 | ||||||||
70,790 | e | Shaw Communications, Inc (B Shares) | 1,218 | |||||||
60,413 | Sinclair Broadcast Group, Inc (Class A) | 1,966 | ||||||||
332,800 | e | Singapore Press Holdings Ltd | 922 | |||||||
216,086 | Time Warner Cable, Inc | 40,103 | ||||||||
543,847 | Time Warner, Inc | 35,171 | ||||||||
263,379 | Vivendi Universal S.A. | 5,657 | ||||||||
666,249 | Walt Disney Co | 70,009 | ||||||||
37,566 | Wolters Kluwer NV | 1,262 | ||||||||
694,861 | WPP plc | 15,983 | ||||||||
TOTAL MEDIA | 230,153 | |||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 6.3% | ||||||||||
72,318 | *,e | Acadia Pharmaceuticals, Inc | 2,578 | |||||||
78,932 | Actelion Ltd | 10,967 | ||||||||
101,334 | *,e | Affymetrix, Inc | 1,022 | |||||||
372,711 | Agilent Technologies, Inc | 15,583 | ||||||||
101,464 | *,e | Akorn, Inc | 3,786 | |||||||
158,060 | * | Alexion Pharmaceuticals, Inc | 30,150 | |||||||
358,605 | Amgen, Inc | 58,212 | ||||||||
1,117,588 | Astellas Pharma, Inc | 15,910 | ||||||||
125,155 | * | Biogen Idec, Inc | 38,341 | |||||||
52,352 | * | BioMarin Pharmaceutical, Inc | 5,484 | |||||||
13,123 | Bio-Techne Corp | 1,181 | ||||||||
42,008 | *,e | Bluebird Bio, Inc | 2,698 | |||||||
813,363 | Bristol-Myers Squibb Co | 55,951 | ||||||||
39,475 | * | Cambrex Corp | 1,859 | |||||||
382,305 | * | Celgene Corp | 45,785 | |||||||
5,290 | *,e | Cempra, Inc | 165 | |||||||
57,720 | * | Cepheid, Inc | 2,109 | |||||||
203,200 | Chugai Pharmaceutical Co Ltd | 7,083 | ||||||||
119,600 | e | Dainippon Sumitomo Pharma Co Ltd | 1,409 | |||||||
77,465 | *,e | Depomed, Inc | 1,404 | |||||||
49,900 | Eisai Co Ltd | 3,301 | ||||||||
15,784 | * | Fluidigm Corp | 171 | |||||||
11,555 | * | Genomic Health, Inc | 407 | |||||||
620,886 | Gilead Sciences, Inc | 62,828 | ||||||||
1,416,810 | GlaxoSmithKline plc | 28,614 | ||||||||
4,270 | * | Immunogen, Inc | 58 | |||||||
121,343 | *,e | Immunomedics, Inc | 373 | |||||||
20,482 | *,e | Inovio Pharmaceuticals, Inc | 138 | |||||||
16,163 | * | Intra-Cellular Therapies, Inc | 869 | |||||||
2,776 | *,e | Ionis Pharmaceuticals, Inc | 172 | |||||||
932,726 | Johnson & Johnson | 95,810 | ||||||||
8,898 | *,e | Kite Pharma, Inc | 548 | |||||||
206,000 | Kyowa Hakko Kogyo Co Ltd | 3,241 | ||||||||
47,682 | Lonza Group AG. | 7,755 | ||||||||
387,535 | *,e | MannKind Corp | 562 | |||||||
1,158,448 | Merck & Co, Inc | 61,189 | ||||||||
117,612 | Merck KGaA | 11,387 | ||||||||
2,322 | * | Mettler-Toledo International, Inc | 787 |
386 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
115,217 | *,e | MiMedx Group, Inc | $ | 1,080 | ||||||
37,564 | * | Momenta Pharmaceuticals, Inc | 557 | |||||||
170,288 | *,e | Nektar Therapeutics | 2,869 | |||||||
534,790 | Novartis AG. | 46,002 | ||||||||
549,562 | Novo Nordisk AS | 31,819 | ||||||||
229,539 | *,e | Opko Health, Inc | 2,307 | |||||||
87,972 | *,e | Orexigen Therapeutics, Inc | 151 | |||||||
77,831 | Orion Oyj (Class B) | 2,693 | ||||||||
12,565 | PerkinElmer, Inc | 673 | ||||||||
48,719 | * | Prestige Brands Holdings, Inc | 2,508 | |||||||
41,556 | * | Prothena Corp plc | 2,830 | |||||||
99,317 | * | Qiagen NV | 2,692 | |||||||
1,405 | * | Quintiles Transnational Holdings, Inc | 96 | |||||||
40,666 | *,e | Relypsa, Inc | 1,153 | |||||||
34,568 | * | Repligen Corp | 978 | |||||||
167,261 | Roche Holding AG. | 46,349 | ||||||||
90,249 | *,e | Sangamo Biosciences, Inc | 824 | |||||||
63,903 | *,e | Sarepta Therapeutics, Inc | 2,465 | |||||||
19,302 | * | Sucampo Pharmaceuticals, Inc (Class A) | 334 | |||||||
339,585 | Takeda Pharmaceutical Co Ltd | 16,932 | ||||||||
44,995 | * | Tetraphase Pharmaceuticals, Inc | 451 | |||||||
273,472 | Thermo Electron Corp | 38,792 | ||||||||
205,578 | * | Vertex Pharmaceuticals, Inc | 25,868 | |||||||
23,386 | * | Waters Corp | 3,147 | |||||||
112,104 | * | Xenoport, Inc | 615 | |||||||
8,246 | *,e | Zafgen, Inc | 52 | |||||||
427,184 | Zoetis Inc | 20,471 | ||||||||
TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 834,595 | |||||||||
REAL ESTATE - 2.6% | ||||||||||
83,800 | Aeon Mall Co Ltd | 1,437 | ||||||||
13,025 | *,e | Altisource Portfolio Solutions S.A. | 362 | |||||||
19,852 | American Campus Communities, Inc | 821 | ||||||||
365,432 | American Tower Corp | 35,429 | ||||||||
1,199,598 | Annaly Capital Management, Inc | 11,252 | ||||||||
2,022 | AvalonBay Communities, Inc | 372 | ||||||||
119,509 | Boston Properties, Inc | 15,242 | ||||||||
250,076 | British Land Co plc | 2,894 | ||||||||
2,305,149 | CapitaLand Ltd | 5,418 | ||||||||
3,430,300 | CapitaMall Trust | 4,655 | ||||||||
180,729 | * | CBRE Group, Inc | 6,250 | |||||||
256,100 | City Developments Ltd | 1,378 | ||||||||
39,077 | Coresite Realty | 2,216 | ||||||||
332,732 | Crown Castle International Corp | 28,765 | ||||||||
414,500 | Daiwa House Industry Co Ltd | 11,915 | ||||||||
207,178 | Dexus Property Group | 1,124 | ||||||||
5,728 | Digital Realty Trust, Inc | 433 | ||||||||
22,121 | Douglas Emmett, Inc | 690 | ||||||||
159,367 | Duke Realty Corp | 3,350 | ||||||||
7,373 | Equinix, Inc | 2,230 | ||||||||
188,574 | Equity Residential | 15,386 | ||||||||
255,532 | First Industrial Realty Trust, Inc | 5,655 |
387 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
2,732 | * | Forest City Enterprises, Inc (Class A) | $ | 60 | ||||||
5,656 | Gecina S.A. | 688 | ||||||||
376,367 | GPT Group (ASE) | 1,303 | ||||||||
86,130 | Hammerson plc | 761 | ||||||||
529,437 | HCP, Inc | 20,246 | ||||||||
338,849 | Host Marriott Corp | 5,198 | ||||||||
121,000 | Hysan Development Co Ltd | 494 | ||||||||
388 | Icade | 26 | ||||||||
132,400 | Iron Mountain, Inc | 3,576 | ||||||||
291,636 | Land Securities Group plc | 5,055 | ||||||||
149,765 | Lend Lease Corp Ltd | 1,545 | ||||||||
783,402 | Liberty International plc | 3,660 | ||||||||
55,028 | Macerich Co | 4,440 | ||||||||
311,872 | e | Macquarie Goodman Group | 1,413 | |||||||
24,518 | Mid-America Apartment Communities, Inc | 2,226 | ||||||||
727,767 | Mirvac Group | 1,042 | ||||||||
522,810 | Mitsui Fudosan Co Ltd | 13,121 | ||||||||
82,100 | Nomura Real Estate Holdings, Inc | 1,523 | ||||||||
419,552 | Prologis, Inc | 18,007 | ||||||||
56,247 | Ryman Hospitality Properties | 2,905 | ||||||||
419,971 | Segro plc | 2,658 | ||||||||
149,100 | Shoei Co Ltd | 1,309 | ||||||||
211,063 | Simon Property Group, Inc | 41,039 | ||||||||
1,304,241 | e | Stockland Trust Group | 3,872 | |||||||
535,500 | Swire Pacific Ltd (Class A) | 5,982 | ||||||||
1,034,000 | Swire Properties Ltd | 2,973 | ||||||||
58,841 | Unibail-Rodamco | 14,942 | ||||||||
97,312 | Ventas, Inc | 5,491 | ||||||||
119,874 | Vornado Realty Trust | 11,983 | ||||||||
218,577 | Welltower, Inc | 14,870 | ||||||||
1,409 | Weyerhaeuser Co | 42 | ||||||||
TOTAL REAL ESTATE | 349,724 | |||||||||
RETAILING - 1.8% | ||||||||||
30,395 | * | 1-800-FLOWERS.COM, Inc (Class A) | 221 | |||||||
249,956 | e | American Eagle Outfitters, Inc | 3,874 | |||||||
39,114 | * | AutoZone, Inc | 29,019 | |||||||
198,967 | * | Bed Bath & Beyond, Inc | 9,600 | |||||||
133,587 | Best Buy Co, Inc | 4,068 | ||||||||
21,019 | Big 5 Sporting Goods Corp | 210 | ||||||||
6,344 | * | Blue Nile, Inc | 236 | |||||||
7,961 | *,e | Cabela’s, Inc | 372 | |||||||
3,824 | Canadian Tire Corp Ltd | 327 | ||||||||
82,643 | * | Carmax, Inc | 4,460 | |||||||
38,019 | e | DSW, Inc (Class A) | 907 | |||||||
18,500 | Fast Retailing Co Ltd | 6,472 | ||||||||
36,865 | Finish Line, Inc (Class A) | 667 | ||||||||
25,233 | * | Francesca’s Holdings Corp | 439 | |||||||
730 | e | GameStop Corp (Class A) | 20 | |||||||
307,468 | e | Gap, Inc | 7,594 | |||||||
23,293 | GNC Holdings, Inc | 723 | ||||||||
444,913 | *,e | Groupon, Inc | 1,366 |
388 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
8,583 | Haverty Furniture Cos, Inc | $ | 184 | |||||||
185,902 | Hennes & Mauritz AB (B Shares) | 6,613 | ||||||||
26,410 | HSN, Inc | 1,338 | ||||||||
513,682 | Inditex S.A. | 17,647 | ||||||||
104,200 | Jardine Cycle & Carriage Ltd | 2,547 | ||||||||
983,061 | Kingfisher plc | 4,761 | ||||||||
6,985 | Kirkland’s, Inc | 101 | ||||||||
232,746 | Kohl’s Corp | 11,086 | ||||||||
11,065 | *,e | Lands’ End, Inc | 259 | |||||||
5,039,620 | Li & Fung Ltd | 3,408 | ||||||||
1,456 | * | LKQ Corp | 43 | |||||||
599,108 | Lowe’s Companies, Inc | 45,556 | ||||||||
32,219 | * | MarineMax, Inc | 594 | |||||||
336,563 | Marks & Spencer Group plc | 2,241 | ||||||||
277,941 | * | NetFlix, Inc | 31,791 | |||||||
1,281 | Next plc | 138 | ||||||||
67,018 | e | Nordstrom, Inc | 3,338 | |||||||
31,038 | Nutri/System, Inc | 672 | ||||||||
484,272 | * | Office Depot, Inc | 2,731 | |||||||
8,683 | e | Outerwall, Inc | 317 | |||||||
4,565 | * | Overstock.com, Inc | 56 | |||||||
8,590 | e | PetMed Express, Inc | 147 | |||||||
35,119 | e | Pier 1 Imports, Inc | 179 | |||||||
50,268 | PPR | 8,595 | ||||||||
202,259 | Ross Stores, Inc | 10,884 | ||||||||
3,361 | Shoe Carnival, Inc | 78 | ||||||||
48,657 | * | Shutterfly, Inc | 2,168 | |||||||
471 | Signet Jewelers Ltd | 58 | ||||||||
107,654 | * | Sports Direct International plc | 915 | |||||||
32,052 | e | Stage Stores, Inc | 292 | |||||||
564,868 | Staples, Inc | 5,349 | ||||||||
10,684 | Stein Mart, Inc | 72 | ||||||||
17,434 | Tiffany & Co | 1,330 | ||||||||
16,438 | *,e | Tile Shop Holdings, Inc | 270 | |||||||
968 | Tractor Supply Co | 83 | ||||||||
277 | * | Ulta Salon Cosmetics & Fragrance, Inc | 51 | |||||||
TOTAL RETAILING | 236,467 | |||||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.3% | ||||||||||
1,764 | Analog Devices, Inc | 98 | ||||||||
1,551,826 | Applied Materials, Inc | 28,973 | ||||||||
120,313 | ASML Holding NV | 10,690 | ||||||||
15,582 | * | Cirrus Logic, Inc | 460 | |||||||
1,976,101 | Intel Corp | 68,077 | ||||||||
22,521 | Lam Research Corp | 1,789 | ||||||||
1,797 | Nvidia Corp | 59 | ||||||||
535,816 | * | ON Semiconductor Corp | 5,251 | |||||||
130,376 | Skyworks Solutions, Inc | 10,017 | ||||||||
70,690 | *,e | SunPower Corp | 2,121 | |||||||
40,230 | Teradyne, Inc | 831 | ||||||||
741,679 | Texas Instruments, Inc | 40,651 | ||||||||
96,300 | Tokyo Electron Ltd | 5,834 | ||||||||
TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 174,851 |
389 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
SOFTWARE & SERVICES - 5.2% | ||||||||||
416,030 | Accenture plc | $ | 43,475 | |||||||
51,181 | * | Actua Corp | 586 | |||||||
416,918 | * | Adobe Systems, Inc | 39,165 | |||||||
97,031 | * | Alphabet, Inc (Class A) | 75,491 | |||||||
98,994 | * | Alphabet, Inc (Class C) | 75,125 | |||||||
24,648 | Amadeus IT Holding S.A. | 1,086 | ||||||||
1,856 | * | Aspen Technology, Inc | 70 | |||||||
29,714 | Atos Origin S.A. | 2,495 | ||||||||
191,488 | * | Autodesk, Inc | 11,667 | |||||||
141,936 | Automatic Data Processing, Inc | 12,025 | ||||||||
126,956 | Broadridge Financial Solutions, Inc | 6,821 | ||||||||
404,991 | CA, Inc | 11,567 | ||||||||
24,502 | * | Cadence Design Systems, Inc | 510 | |||||||
37,380 | Cap Gemini S.A. | 3,468 | ||||||||
141,379 | * | CGI Group, Inc | 5,661 | |||||||
10,643 | *,e | Cimpress NV | 864 | |||||||
287 | * | Citrix Systems, Inc | 22 | |||||||
561,648 | * | Cognizant Technology Solutions Corp (Class A) | 33,710 | |||||||
42,872 | * | comScore, Inc | 1,764 | |||||||
20,058 | Convergys Corp | 499 | ||||||||
29,547 | * | DHI Group, Inc | 271 | |||||||
55,764 | *,e | Ellie Mae, Inc | 3,359 | |||||||
2,810 | *,e | EnerNOC, Inc | 11 | |||||||
5,718 | Fair Isaac Corp | 539 | ||||||||
83,857 | *,e | FireEye, Inc | 1,739 | |||||||
9,971 | * | FleetCor Technologies, Inc | 1,425 | |||||||
1,391,000 | Fujitsu Ltd | 6,943 | ||||||||
156,154 | *,e | Glu Mobile, Inc | 379 | |||||||
75,998 | *,e | Infoblox, Inc | 1,398 | |||||||
68,487 | * | Internap Network Services Corp | 438 | |||||||
403,104 | International Business Machines Corp | 55,475 | ||||||||
328,900 | Intuit, Inc | 31,739 | ||||||||
26,371 | j2 Global, Inc | 2,171 | ||||||||
58,827 | * | Liquidity Services, Inc | 382 | |||||||
19,136 | * | Manhattan Associates, Inc | 1,266 | |||||||
35,444 | * | Marketo, Inc | 1,018 | |||||||
524,496 | Mastercard, Inc (Class A) | 51,065 | ||||||||
1,000 | MAXIMUS, Inc | 56 | ||||||||
75,409 | *,e | Monster Worldwide, Inc | 432 | |||||||
3,035 | *,e | NetSuite, Inc | 257 | |||||||
19,743 | *,e | NeuStar, Inc (Class A) | 473 | |||||||
20,400 | NTT Data Corp | 986 | ||||||||
38,014 | Open Text Corp | 1,823 | ||||||||
1,514,138 | Oracle Corp | 55,311 | ||||||||
857 | Paychex, Inc | 45 | ||||||||
7,781 | * | Perficient, Inc | 133 | |||||||
10,156 | * | Progress Software Corp | 244 | |||||||
18,092 | * | PROS Holdings, Inc | 417 | |||||||
7,962 | * | Qualys, Inc | 264 |
390 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
7,887 | * | Rovi Corp | $ | 131 | ||||||
509,278 | * | Salesforce.com, Inc | 39,927 | |||||||
321,671 | SAP AG. | 25,526 | ||||||||
215,673 | *,e | ServiceSource International LLC | 994 | |||||||
5,854 | * | SolarWinds, Inc | 345 | |||||||
10,025 | * | SPS Commerce, Inc | 704 | |||||||
14,457 | * | Stamps.com, Inc | 1,585 | |||||||
874,268 | Symantec Corp | 18,360 | ||||||||
12,936 | * | Syntel, Inc | 585 | |||||||
4,529 | * | Tangoe, Inc | 38 | |||||||
20,999 | * | Teradata Corp | 555 | |||||||
2,255 | * | Tyler Technologies, Inc | 393 | |||||||
6,527 | * | Ultimate Software Group, Inc | 1,276 | |||||||
45,368 | * | Unisys Corp | 501 | |||||||
37,999 | *,e | Vasco Data Security International | 636 | |||||||
54,595 | * | Website Pros, Inc | 1,092 | |||||||
2,980 | e | Western Union Co | 53 | |||||||
61,232 | * | Workday, Inc | 4,879 | |||||||
1,970,774 | Xerox Corp | 20,949 | ||||||||
902,677 | * | Yahoo!, Inc | 30,023 | |||||||
TOTAL SOFTWARE & SERVICES | 694,682 | |||||||||
TECHNOLOGY HARDWARE & EQUIPMENT - 2.0% | ||||||||||
8,103 | Adtran, Inc | 139 | ||||||||
4,234 | Belden CDT, Inc | 202 | ||||||||
2,571 | * | Benchmark Electronics, Inc | 53 | |||||||
18,011 | Black Box Corp | 172 | ||||||||
24,131 | * | Calix Networks, Inc | 190 | |||||||
2,272,014 | Cisco Systems, Inc | 61,697 | ||||||||
9,600 | Cognex Corp | 324 | ||||||||
909 | * | Coherent, Inc | 59 | |||||||
4,145 | Comtech Telecommunications Corp | 83 | ||||||||
524,224 | Corning, Inc | 9,583 | ||||||||
80,260 | * | Cray, Inc | 2,604 | |||||||
1,318 | * | Electronics for Imaging, Inc | 62 | |||||||
1,543,365 | EMC Corp | 39,634 | ||||||||
7,100 | * | FARO Technologies, Inc | 210 | |||||||
1,358 | FEI Co | 108 | ||||||||
103,068 | * | Finisar Corp | 1,499 | |||||||
8,777 | * | Flextronics International Ltd | 98 | |||||||
1,139,827 | HP, Inc | 13,495 | ||||||||
199,936 | Ingram Micro, Inc (Class A) | 6,074 | ||||||||
11,659 | * | Insight Enterprises, Inc | 293 | |||||||
7,090 | InterDigital, Inc | 348 | ||||||||
30,066 | *,e | IPG Photonics Corp | 2,681 | |||||||
41,052 | Jabil Circuit, Inc | 956 | ||||||||
15,900 | Keyence Corp | 8,739 | ||||||||
243,200 | Konica Minolta Holdings, Inc | 2,436 | ||||||||
250,900 | Kyocera Corp | 11,652 | ||||||||
79,342 | Lexmark International, Inc (Class A) | 2,575 | ||||||||
193,513 | Motorola, Inc | 13,246 | ||||||||
72,900 | Murata Manufacturing Co Ltd | 10,489 |
391 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
916,819 | NEC Corp | $ | 2,905 | |||||||
21,264 | * | Netgear, Inc | 891 | |||||||
78,800 | Omron Corp | 2,628 | ||||||||
500 | * | OSI Systems, Inc | 44 | |||||||
1,774 | Plantronics, Inc | 84 | ||||||||
1,420 | * | Plexus Corp | 50 | |||||||
34,806 | * | QLogic Corp | 425 | |||||||
844,574 | Qualcomm, Inc | 42,216 | ||||||||
23,440 | * | RealD, Inc | 247 | |||||||
611,800 | e | Ricoh Co Ltd | 6,299 | |||||||
2,500 | * | Rofin-Sinar Technologies, Inc | 67 | |||||||
109,961 | SanDisk Corp | 8,356 | ||||||||
5,855 | * | Scansource, Inc | 189 | |||||||
4,835 | e | Seagate Technology, Inc | 177 | |||||||
55,993 | * | Sonus Networks, Inc | 399 | |||||||
67,932 | *,e | Super Micro Computer, Inc | 1,665 | |||||||
1,417 | SYNNEX Corp | 127 | ||||||||
18,000 | TDK Corp | 1,153 | ||||||||
6,229 | TE Connectivity Ltd | 402 | ||||||||
21,664 | * | Tech Data Corp | 1,438 | |||||||
2,148 | * | Trimble Navigation Ltd | 46 | |||||||
13,773 | * | TTM Technologies, Inc | 90 | |||||||
10,708 | * | Universal Display Corp | 583 | |||||||
132,900 | Yokogawa Electric Corp | 1,598 | ||||||||
TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 261,780 | |||||||||
TELECOMMUNICATION SERVICES - 1.7% | ||||||||||
34,259 | * | Boingo Wireless, Inc | 227 | |||||||
3,047,023 | BT Group plc | 21,157 | ||||||||
724,928 | CenturyTel, Inc | 18,239 | ||||||||
252,930 | * | Cincinnati Bell, Inc | 911 | |||||||
2,650 | e | Consolidated Communications Holdings, Inc | 56 | |||||||
3,261 | * | Fairpoint Communications, Inc | 52 | |||||||
7,683 | * | General Communication, Inc (Class A) | 152 | |||||||
11,301 | IDT Corp (Class B) | 132 | ||||||||
106,269 | *,e | Iridium Communications, Inc | 894 | |||||||
637,232 | KDDI Corp | 16,549 | ||||||||
58,980 | * | Level 3 Communications, Inc | 3,206 | |||||||
5,214 | Lumos Networks Corp | 58 | ||||||||
413,600 | Nippon Telegraph & Telephone Corp | 16,460 | ||||||||
576,500 | NTT DoCoMo, Inc | 11,825 | ||||||||
115,540 | Rogers Communications, Inc (Class B) | 3,985 | ||||||||
2,865,200 | Singapore Telecommunications Ltd | 7,387 | ||||||||
1,144,273 | *,e | Sprint Corp | 4,142 | |||||||
22,191 | Swisscom AG. | 11,104 | ||||||||
1,207,698 | TeliaSonera AB | 5,997 | ||||||||
8,858 | TELUS Corp | 245 | ||||||||
1,613,520 | Verizon Communications, Inc | 74,577 | ||||||||
7,918,812 | Vodafone Group plc | 25,679 | ||||||||
240,525 | * | Vonage Holdings Corp | 1,381 | |||||||
TOTAL TELECOMMUNICATION SERVICES | 224,415 |
392 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
TRANSPORTATION - 1.8% | ||||||||||
258,104 | Abertis Infraestructuras S.A. (Continuous) | $ | 4,036 | |||||||
4,741 | Allegiant Travel Co | 796 | ||||||||
4,146 | Arkansas Best Corp | 89 | ||||||||
299,494 | Auckland International Airport Ltd | 1,175 | ||||||||
106,020 | Autostrade S.p.A. | 2,805 | ||||||||
97,236 | * | Avis Budget Group, Inc | 3,529 | |||||||
338,256 | Canadian National Railway Co | 18,909 | ||||||||
52,000 | Central Japan Railway Co | 9,232 | ||||||||
843,634 | CSX Corp | 21,892 | ||||||||
272,376 | Delta Air Lines, Inc | 13,807 | ||||||||
206,682 | * | Deutsche Lufthansa AG. | 3,255 | |||||||
474,637 | Deutsche Post AG. | 13,270 | ||||||||
91,100 | East Japan Railway Co | 8,578 | ||||||||
1,948 | easyJet plc | 50 | ||||||||
25,662 | * | Echo Global Logistics, Inc | 523 | |||||||
5 | Expeditors International of Washington, Inc | 0 | ^ | |||||||
1,231 | * | Hertz Global Holdings, Inc | 17 | |||||||
11,986 | Kuehne & Nagel International AG. | 1,642 | ||||||||
103,000 | Mitsui OSK Lines Ltd | 260 | ||||||||
1,862,486 | MTR Corp | 9,197 | ||||||||
178,614 | Norfolk Southern Corp | 15,109 | ||||||||
109,600 | Singapore Airlines Ltd | 864 | ||||||||
771,381 | Southwest Airlines Co | 33,216 | ||||||||
19,504 | * | Spirit Airlines, Inc | 777 | |||||||
197,000 | Tokyu Corp | 1,557 | ||||||||
451,697 | Union Pacific Corp | 35,323 | ||||||||
449,579 | United Parcel Service, Inc (Class B) | 43,263 | ||||||||
11,384 | * | Wesco Aircraft Holdings, Inc | 136 | |||||||
TOTAL TRANSPORTATION | 243,307 | |||||||||
UTILITIES - 2.1% | ||||||||||
35,914 | AGL Energy Ltd | 470 | ||||||||
13,544 | American Water Works Co, Inc | 809 | ||||||||
16,720 | e | Atco Ltd | 431 | |||||||
19,285 | Canadian Utilities Ltd | 445 | ||||||||
223,054 | Centerpoint Energy, Inc | 4,095 | ||||||||
861 | Chesapeake Utilities Corp | 49 | ||||||||
1,523,000 | CLP Holdings Ltd | 12,909 | ||||||||
376,114 | Consolidated Edison, Inc | 24,173 | ||||||||
446,209 | Duke Energy Corp | 31,855 | ||||||||
1,883 | Edison International | 111 | ||||||||
1,284,611 | Enel Green Power S.p.A | 2,611 | ||||||||
871,593 | Energias de Portugal S.A. | 3,141 | ||||||||
331,373 | Eversource Energy | 16,923 | ||||||||
4,925,579 | Hong Kong & China Gas Ltd | 9,640 | ||||||||
2,535,166 | Iberdrola S.A. | 17,972 | ||||||||
285,298 | * | Meridian Energy Ltd | 465 | |||||||
87,865 | MGE Energy, Inc | 4,077 | ||||||||
1,460,618 | National Grid plc | 20,144 | ||||||||
22,560 | New Jersey Resources Corp | 744 | ||||||||
364,808 | NextEra Energy, Inc | 37,900 |
393 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
VALUE | ||||||||||
SHARES | COMPANY | (000) | ||||||||
1,420 | e | Ormat Technologies, Inc | $ | 52 | ||||||
51,000 | Osaka Gas Co Ltd | 184 | ||||||||
635,479 | Pepco Holdings, Inc | 16,529 | ||||||||
153,366 | Piedmont Natural Gas Co, Inc | 8,745 | ||||||||
35,342 | Public Service Enterprise Group, Inc | 1,367 | ||||||||
586,762 | Scottish & Southern Energy plc | 13,175 | ||||||||
252,764 | Sempra Energy | 23,762 | ||||||||
1,577,190 | Snam Rete Gas S.p.A. | 8,231 | ||||||||
60,731 | South Jersey Industries, Inc | 1,428 | ||||||||
53,351 | Suez Environnement S.A. | 998 | ||||||||
90,839 | TECO Energy, Inc | 2,421 | ||||||||
460,790 | Tokyo Gas Co Ltd | 2,165 | ||||||||
2,695 | United Utilities Group plc | 37 | ||||||||
1,494 | Unitil Corp | 54 | ||||||||
56,043 | WEC Energy Group, Inc | 2,876 | ||||||||
27,296 | WGL Holdings, Inc | 1,719 | ||||||||
110,547 | Xcel Energy, Inc | 3,970 | ||||||||
TOTAL UTILITIES | 276,677 | |||||||||
TOTAL COMMON STOCKS | 7,952,827 | |||||||||
(Cost $6,226,009) | ||||||||||
PREFERRED STOCKS - 0.1% | ||||||||||
BANKS - 0.1% | ||||||||||
233,115 | *,e | Federal Home Loan Mortgage Corp | 793 | |||||||
740,991 | * | Federal National Mortgage Association | 2,593 | |||||||
14,500 | *,e | M&T Bank Corp | 15,471 | |||||||
TOTAL BANKS | 18,857 | |||||||||
TOTAL PREFERRED STOCKS | 18,857 | |||||||||
(Cost $38,865) | ||||||||||
RIGHTS / WARRANTS - 0.0% | ||||||||||
ENERGY - 0.0% | ||||||||||
964,308 | e | Repsol S.A. | 481 | |||||||
TOTAL ENERGY | 481 | |||||||||
TOTAL RIGHTS / WARRANTS | 481 | |||||||||
(Cost $488) | ||||||||||
MATURITY | ||||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | |||||||||||||
SHORT-TERM INVESTMENTS - 5.9% | ||||||||||||||||
GOVERNMENT AGENCY DEBT - 2.8% | ||||||||||||||||
$ | 35,000,000 | w | Federal Home Loan Bank (FHLB) | 0.120-0.130 | % | 01/04/16 | 35,000 | |||||||||
20,000,000 | w | FHLB | 0.170 | 01/25/16 | 19,998 | |||||||||||
23,600,000 | FHLB | 0.240 | 01/28/16 | 23,598 | ||||||||||||
30,000,000 | FHLB | 0.300 | 02/08/16 | 29,993 | ||||||||||||
50,000,000 | w | FHLB | 0.175 | 02/23/16 | 49,983 | |||||||||||
23,000,000 | FHLB | 0.276 | 02/29/16 | 22,991 | ||||||||||||
50,000,000 | FHLB | 0.471 | 03/08/16 | 49,973 |
394 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 33,000,000 | FHLB | 0.280 | % | 03/18/16 | $ | 32,979 | |||||||||
50,000,000 | w | Federal Home Loan Mortgage Corp (FHLMC) | 0.160 | 02/10/16 | 49,987 | |||||||||||
34,000,000 | FHLMC | 0.391 | 05/04/16 | 33,952 | ||||||||||||
29,200,000 | Federal National Mortgage Association (FNMA) | 0.230 | 04/19/16 | 29,170 | ||||||||||||
TOTAL GOVERNMENT AGENCY DEBT | 377,624 | |||||||||||||||
TREASURY DEBT - 1.0% | ||||||||||||||||
10,000,000 | w | United States Treasury Bill | 0.140 | 01/07/16 | 10,000 | |||||||||||
7,000,000 | w | United States Treasury Bill | 0.126 | 01/21/16 | 7,000 | |||||||||||
80,000,000 | United States Treasury Bill | 0.141 | 03/24/16 | 79,968 | ||||||||||||
41,000,000 | United States Treasury Bill | 0.212 | 04/28/16 | 40,966 | ||||||||||||
TOTAL TREASURY DEBT | 137,934 | |||||||||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED - 2.1% | ||||||||||||||||
GOVERNMENT AGENCY DEBT - 1.3% | ||||||||||||||||
13,000,000 | Federal Home Loan Bank (FHLB) | 0.120 | 01/04/16 | 13,000 | ||||||||||||
16,000,000 | FHLB | 0.108 | 01/20/16 | 15,999 | ||||||||||||
20,000,000 | FHLB | 0.130 | 01/22/16 | 19,998 | ||||||||||||
20,700,000 | FHLB | 0.115 | 02/03/16 | 20,698 | ||||||||||||
30,000,000 | FHLB | 0.265 | 02/23/16 | 29,988 | ||||||||||||
30,000,000 | Federal Home Loan Mortgage Corp (FHLMC) | 0.140 | 03/08/16 | 29,992 | ||||||||||||
10,000,000 | Federal National Mortgage Association (FNMA) | 0.100 | 01/14/16 | 10,000 | ||||||||||||
34,000,000 | FNMA | 0.130 | 02/03/16 | 33,996 | ||||||||||||
TOTAL GOVERNMENT AGENCY DEBT | 173,671 | |||||||||||||||
TREASURY DEBT - 0.8% | ||||||||||||||||
17,000,000 | United States Treasury Bill | 0.102 | 03/03/16 | 16,997 | ||||||||||||
10,000,000 | United States Treasury Bill | 0.210 | 03/31/16 | 9,995 | ||||||||||||
50,000,000 | United States Treasury Bill | 0.190 | 04/21/16 | 49,971 | ||||||||||||
25,000,000 | United States Treasury Bill | 0.155 | 07/21/16 | 24,978 | ||||||||||||
TOTAL TREASURY DEBT | 101,941 | |||||||||||||||
TOTAL INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | 275,612 | |||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | 791,170 | |||||||||||||||
(Cost $791,178) | ||||||||||||||||
TOTAL INVESTMENTS - 105.0% | 14,022,022 | |||||||||||||||
(Cost $12,306,251) | ||||||||||||||||
OTHER ASSETS & LIABILITIES, NET - (5.0)% | (668,070 | ) | ||||||||||||||
NET ASSETS - 100.0% | $ | 13,353,952 |
Abbreviation(s): | |||
REIT | Real Estate Investment Trust | ||
* | Non-income producing | ||
^ | Amount represents less than $1,000. | ||
e | All or a portion of these securities are out on loan. The aggregate value of securities on loan is $288,127,000. |
395 |
COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account
g | Security is exempt from registration under Rule 144(A) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 12/31/15, the aggregate value of these securities was $695,045,000, or 5.2% of net assets. | ||
h | All or a portion of these securities were purchased on a delayed delivery basis. | ||
i | Floating or variable rate security. Coupon rate reflects the rate at period end. | ||
j | Zero coupon | ||
m | Indicates a security that has been deemed illiquid. | ||
w | All or a portion of these securities have been segregated by the custodian to cover collateral requirements on mortgage dollar rolls. | ||
Cost amounts are in thousands. |
396 |
COLLEGE RETIREMENT EQUITIES FUND - Money Market Account
COLLEGE RETIREMENT EQUITIES FUND
MONEY MARKET ACCOUNT
SCHEDULE OF INVESTMENTS
December 31, 2015
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
SHORT-TERM INVESTMENTS - 100.0% | ||||||||||||||||
CERTIFICATE OF DEPOSIT - 2.7% | ||||||||||||||||
$ | 30,000,000 | Banco Del Estado De Chile | 0.260 | % | 01/08/16 | $ | 30,000 | |||||||||
50,000,000 | Banco Del Estado De Chile | 0.260 | 01/12/16 | 50,000 | ||||||||||||
25,000,000 | Banco Del Estado De Chile | 0.350 | 02/17/16 | 25,000 | ||||||||||||
22,000,000 | Banco Del Estado De Chile | 0.530 | 03/11/16 | 22,000 | ||||||||||||
30,000,000 | Banco Del Estado De Chile | 0.530 | 03/14/16 | 30,000 | ||||||||||||
25,000,000 | Banco Del Estado De Chile | 0.600 | 03/21/16 | 25,000 | ||||||||||||
50,000,000 | Toronto-Dominion Bank | 0.010 | 01/04/16 | 50,000 | ||||||||||||
25,000,000 | Toronto-Dominion Bank | 0.300 | 02/12/16 | 25,000 | ||||||||||||
50,000,000 | Toronto-Dominion Bank | �� | 0.430 | 03/07/16 | 50,000 | |||||||||||
TOTAL CERTIFICATE OF DEPOSIT | 307,000 | |||||||||||||||
COMMERCIAL PAPER - 30.9% | ||||||||||||||||
30,000,000 | American Honda Finance Corp | 0.210 | 01/07/16 | 29,999 | ||||||||||||
18,000,000 | American Honda Finance Corp | 0.200 | 01/08/16 | 17,999 | ||||||||||||
30,000,000 | y | Apple, Inc | 0.160 | 01/04/16 | 30,000 | |||||||||||
41,000,000 | y | Apple, Inc | 0.150-0.160 | 01/05/16 | 40,999 | |||||||||||
50,000,000 | y | Apple, Inc | 0.150 | 01/11/16 | 49,998 | |||||||||||
20,000,000 | y | Apple, Inc | 0.160 | 01/13/16 | 19,999 | |||||||||||
30,000,000 | y | Apple, Inc | 0.155 | 01/19/16 | 29,998 | |||||||||||
12,000,000 | y | Apple, Inc | 0.150 | 01/22/16 | 11,999 | |||||||||||
30,000,000 | y | Apple, Inc | 0.180 | 01/25/16 | 29,996 | |||||||||||
22,285,000 | y | Apple, Inc | 0.330 | 02/04/16 | 22,278 | |||||||||||
26,700,000 | y | Apple, Inc | 0.390 | 02/22/16 | 26,685 | |||||||||||
6,875,000 | y | Apple, Inc | 0.390 | 02/25/16 | 6,871 | |||||||||||
50,000,000 | y | Australia & New Zealand Banking Group Ltd | 0.285 | 02/12/16 | 49,983 | |||||||||||
18,663,000 | y | Australia & New Zealand Banking Group Ltd | 0.340 | 02/19/16 | 18,654 | |||||||||||
6,745,000 | y | Australia & New Zealand Banking Group Ltd | 0.310 | 02/29/16 | 6,742 | |||||||||||
50,000,000 | y | Australia & New Zealand Banking Group Ltd | 0.290-0.310 | 03/04/16 | 49,974 | |||||||||||
25,000,000 | y | Australia & New Zealand Banking Group Ltd | 0.570 | 03/09/16 | 24,973 | |||||||||||
30,290,000 | Australia & New Zealand Banking Group Ltd | 0.640 | 03/23/16 | 30,246 | ||||||||||||
19,000,000 | y | Bedford Row Funding Corp | 0.300 | 01/25/16 | 18,996 | |||||||||||
15,000,000 | y | Bedford Row Funding Corp | 0.220 | 01/26/16 | 14,998 | |||||||||||
31,000,000 | y | Bedford Row Funding Corp | 0.300 | 02/23/16 | 30,986 | |||||||||||
9,000,000 | y | Bedford Row Funding Corp | 0.310 | 03/04/16 | 8,995 | |||||||||||
20,585,000 | y | Bedford Row Funding Corp | 0.475 | 03/31/16 | 20,561 | |||||||||||
13,000,000 | y | Bedford Row Funding Corp | 0.670 | 04/19/16 | 12,974 | |||||||||||
5,000,000 | y | CAFCO LLC | 0.370 | 02/10/16 | 4,998 | |||||||||||
15,000,000 | y | CAFCO LLC | 0.420 | 03/03/16 | 14,989 | |||||||||||
30,000,000 | y | Chevron Corp | 0.160 | 01/08/16 | 29,999 | |||||||||||
15,000,000 | y | Chevron Corp | 0.180 | 01/13/16 | 14,999 | |||||||||||
5,000,000 | y | Chevron Corp | 0.205 | 02/03/16 | 4,999 | |||||||||||
25,000,000 | y | Commonwealth Bank of Australia | 0.410 | 03/02/16 | 24,983 | |||||||||||
20,000,000 | y | DBS Bank Ltd | 0.410 | 01/04/16 | 19,999 |
397 |
COLLEGE RETIREMENT EQUITIES FUND - Money Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 10,000,000 | y | DBS Bank Ltd | 0.430 | % | 01/07/16 | $ | 9,999 | ||||||||
35,000,000 | y | DBS Bank Ltd | 0.240-0.280 | 01/19/16 | 34,996 | |||||||||||
12,000,000 | y | DBS Bank Ltd | 0.325 | 02/16/16 | 11,995 | |||||||||||
20,000,000 | y | DBS Bank Ltd | 0.310 | 02/19/16 | 19,992 | |||||||||||
20,000,000 | y | DBS Bank Ltd | 0.660 | 03/22/16 | 19,970 | |||||||||||
19,385,000 | Exxon Mobil Corp | 0.120 | 01/08/16 | 19,384 | ||||||||||||
10,000,000 | Exxon Mobil Corp | 0.360 | 01/11/16 | 9,999 | ||||||||||||
10,725,000 | Exxon Mobil Corp | 0.370 | 01/28/16 | 10,722 | ||||||||||||
15,915,000 | Exxon Mobil Corp | 0.320 | 02/02/16 | 15,910 | ||||||||||||
20,000,000 | Exxon Mobil Corp | 0.330 | 02/05/16 | 19,994 | ||||||||||||
50,000,000 | Exxon Mobil Corp | 0.410 | 02/23/16 | 49,970 | ||||||||||||
21,495,000 | Exxon Mobil Corp | 0.440 | 02/25/16 | 21,481 | ||||||||||||
7,660,000 | Exxon Mobil Corp | 0.450 | 02/26/16 | 7,655 | ||||||||||||
25,000,000 | y | Fairway Finance LLC | 0.700 | 04/11/16 | 24,951 | |||||||||||
10,000,000 | y | Johnson & Johnson | 0.300 | 01/05/16 | 10,000 | |||||||||||
25,000,000 | y | Johnson & Johnson | 0.290 | 02/08/16 | 24,992 | |||||||||||
30,000,000 | Korea Development Bank | 0.270 | 01/12/16 | 29,997 | ||||||||||||
28,900,000 | Korea Development Bank | 0.260 | 01/21/16 | 28,896 | ||||||||||||
25,000,000 | Korea Development Bank | 0.320 | 02/11/16 | 24,991 | ||||||||||||
30,000,000 | Korea Development Bank | 0.360 | 02/24/16 | 29,984 | ||||||||||||
15,000,000 | Korea Development Bank | 0.540 | 04/25/16 | 14,974 | ||||||||||||
40,000,000 | y | Liberty Street Funding LLC | 0.300 | 01/27/16 | 39,991 | |||||||||||
56,500,000 | y | Microsoft Corp | 0.180-0.190 | 01/06/16 | 56,499 | |||||||||||
35,000,000 | y | Microsoft Corp | 0.170 | 01/20/16 | 34,997 | |||||||||||
19,750,000 | y | National Australia Bank Ltd | 0.230 | 01/04/16 | 19,749 | |||||||||||
40,000,000 | y | National Australia Bank Ltd | 0.250 | 01/05/16 | 39,999 | |||||||||||
25,000,000 | y | National Australia Bank Ltd | 0.225 | 01/08/16 | 24,999 | |||||||||||
25,000,000 | y | National Australia Bank Ltd | 0.235 | 01/21/16 | 24,997 | |||||||||||
25,000,000 | y | National Australia Bank Ltd | 0.235 | 02/02/16 | 24,995 | |||||||||||
22,645,000 | y | National Australia Bank Ltd | 0.400 | 03/01/16 | 22,630 | |||||||||||
30,000,000 | y | National Australia Bank Ltd | 0.430 | 03/09/16 | 29,975 | |||||||||||
5,320,000 | y | Nestle Capital Corp | 0.305 | 01/11/16 | 5,320 | |||||||||||
30,000,000 | y | Nestle Capital Corp | 0.335 | 01/19/16 | 29,995 | |||||||||||
10,000,000 | y | Nestle Capital Corp | 0.315 | 01/28/16 | 9,998 | |||||||||||
28,000,000 | y | Nestle Capital Corp | 0.250 | 02/09/16 | 27,992 | |||||||||||
50,000,000 | y | Nestle Capital Corp | 0.260 | 02/12/16 | 49,985 | |||||||||||
20,000,000 | y | Nestle Capital Corp | 0.220 | 02/16/16 | 19,994 | |||||||||||
3,900,000 | y | Nordea Bank AB | 0.230 | 01/08/16 | 3,900 | |||||||||||
30,000,000 | y | Nordea Bank AB | 0.235 | 01/21/16 | 29,996 | |||||||||||
30,000,000 | y | Nordea Bank AB | 0.225 | 01/28/16 | 29,995 | |||||||||||
30,000,000 | y | Nordea Bank AB | 0.260 | 02/04/16 | 29,993 | |||||||||||
30,000,000 | y | Old Line Funding LLC | 0.290 | 02/08/16 | 29,991 | |||||||||||
25,098,000 | y | Old Line Funding LLC | 0.440-0.600 | 03/02/16 | 25,078 | |||||||||||
30,000,000 | y | Old Line Funding LLC | 0.510 | 03/08/16 | 29,971 | |||||||||||
30,000,000 | y | Old Line Funding LLC | 0.610 | 03/18/16 | 29,961 | |||||||||||
20,000,000 | y | Old Line Funding LLC | 0.800 | 05/20/16 | 19,938 | |||||||||||
10,000,000 | PACCAR Financial Corp | 0.190 | 01/12/16 | 9,999 | ||||||||||||
9,000,000 | PACCAR Financial Corp | 0.175 | 01/13/16 | 8,999 | ||||||||||||
7,000,000 | PACCAR Financial Corp | 0.190 | 01/19/16 | 6,999 | ||||||||||||
9,500,000 | PACCAR Financial Corp | 0.195 | 01/20/16 | 9,499 | ||||||||||||
10,000,000 | PACCAR Financial Corp | 0.180 | 01/21/16 | 9,999 | ||||||||||||
3,650,000 | PACCAR Financial Corp | 0.220 | 01/22/16 | 3,649 | ||||||||||||
5,000,000 | PACCAR Financial Corp | 0.470 | 02/16/16 | 4,997 |
398 |
COLLEGE RETIREMENT EQUITIES FUND - Money Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 23,000,000 | y | Private Export Funding Corp | 0.430 | % | 02/04/16 | $ | 22,991 | ||||||||
30,000,000 | y | Private Export Funding Corp | 0.400 | 02/22/16 | 29,983 | |||||||||||
35,600,000 | y | Procter & Gamble Co | 0.330 | 02/18/16 | 35,584 | |||||||||||
6,850,000 | Province of British Columbia Canada | 0.230 | 01/06/16 | 6,850 | ||||||||||||
85,459,000 | Province of British Columbia Canada | 0.160-0.250 | 01/11/16 | 85,454 | ||||||||||||
13,315,000 | Province of British Columbia Canada | 0.200 | 01/19/16 | 13,314 | ||||||||||||
12,570,000 | Province of British Columbia Canada | 0.250 | 01/20/16 | 12,568 | ||||||||||||
11,175,000 | Province of British Columbia Canada | 0.220 | 01/27/16 | 11,173 | ||||||||||||
18,751,000 | Province of British Columbia Canada | 0.230 | 02/04/16 | 18,747 | ||||||||||||
25,000,000 | Province of British Columbia Canada | 0.390 | 02/05/16 | 24,991 | ||||||||||||
53,754,000 | Province of British Columbia Canada | 0.230-0.290 | 02/09/16 | 53,739 | ||||||||||||
40,000,000 | Province of British Columbia Canada | 0.280-0.285 | 02/18/16 | 39,985 | ||||||||||||
12,500,000 | Province of British Columbia Canada | 0.320 | 02/23/16 | 12,494 | ||||||||||||
20,000,000 | Province of British Columbia Canada | 0.330 | 03/01/16 | 19,989 | ||||||||||||
10,000,000 | Province of British Columbia Canada | 0.530 | 03/11/16 | 9,990 | ||||||||||||
25,000,000 | Province of Ontario Canada | 0.190 | 01/21/16 | 24,997 | ||||||||||||
30,000,000 | Province of Ontario Canada | 0.170 | 01/28/16 | 29,996 | ||||||||||||
30,000,000 | Province of Ontario Canada | 0.450 | 02/19/16 | 29,982 | ||||||||||||
10,000,000 | Province of Ontario Canada | 0.460 | 02/23/16 | 9,993 | ||||||||||||
25,000,000 | Province of Ontario Canada | 0.450 | 02/25/16 | 24,983 | ||||||||||||
5,000,000 | Province of Ontario Canada | 0.470 | 02/29/16 | 4,996 | ||||||||||||
20,030,000 | Province of Ontario Canada | 0.370 | 03/08/16 | 20,016 | ||||||||||||
48,295,000 | Province of Ontario Canada | 0.400-0.420 | 03/14/16 | 48,255 | ||||||||||||
39,600,000 | y | Province of Quebec Canada | 0.185 | 01/05/16 | 39,599 | |||||||||||
50,000,000 | y | Province of Quebec Canada | 0.160 | 01/07/16 | 49,999 | |||||||||||
30,000,000 | y | Province of Quebec Canada | 0.195-0.200 | 01/14/16 | 29,998 | |||||||||||
10,000,000 | y | Province of Quebec Canada | 0.195 | 01/25/16 | 9,999 | |||||||||||
20,000,000 | y | Province of Quebec Canada | 0.240 | 01/29/16 | 19,996 | |||||||||||
30,000,000 | y | Province of Quebec Canada | 0.430 | 02/22/16 | 29,981 | |||||||||||
25,000,000 | y | Province of Quebec Canada | 0.430 | 02/25/16 | 24,984 | |||||||||||
30,000,000 | y | Province of Quebec Canada | 0.460 | 03/22/16 | 29,969 | |||||||||||
25,000,000 | y | PSP Capital, Inc | 0.220 | 01/13/16 | 24,998 | |||||||||||
30,000,000 | y | PSP Capital, Inc | 0.240 | 01/14/16 | 29,997 | |||||||||||
24,100,000 | y | PSP Capital, Inc | 0.230 | 01/19/16 | 24,097 | |||||||||||
21,985,000 | y | PSP Capital, Inc | 0.260 | 01/20/16 | 21,982 | |||||||||||
14,000,000 | y | PSP Capital, Inc | 0.230-0.270 | 01/26/16 | 13,998 | |||||||||||
47,500,000 | y | PSP Capital, Inc | 0.250-0.300 | 02/01/16 | 47,489 | |||||||||||
25,000,000 | y | PSP Capital, Inc | 0.310-0.345 | 02/09/16 | 24,991 | |||||||||||
10,000,000 | y | PSP Capital, Inc | 0.500 | 02/10/16 | 9,994 | |||||||||||
5,000,000 | y | PSP Capital, Inc | 0.330 | 02/17/16 | 4,998 | |||||||||||
12,000,000 | y | PSP Capital, Inc | 0.340 | 02/19/16 | 11,995 | |||||||||||
25,000,000 | y | PSP Capital, Inc | 0.350 | 02/22/16 | 24,987 | |||||||||||
15,000,000 | y | Roche Holdings, Inc | 0.350 | 01/25/16 | 14,996 | |||||||||||
4,865,000 | y | Svenska Handelsbanken AB | 0.440 | 02/08/16 | 4,863 | |||||||||||
40,000,000 | y | Svenska Handelsbanken AB | 0.380 | 02/22/16 | 39,978 | |||||||||||
5,670,000 | y | Svenska Handelsbanken AB | 0.395 | 03/10/16 | 5,666 | |||||||||||
50,000,000 | y | Toronto-Dominion Holdings USA, Inc | 0.190 | 01/06/16 | 49,999 | |||||||||||
40,000,000 | y | Toronto-Dominion Holdings USA, Inc | 0.260 | 02/08/16 | 39,989 | |||||||||||
30,000,000 | Toyota Motor Credit Corp | 0.240 | 01/26/16 | 29,995 | ||||||||||||
26,300,000 | y | Unilever Capital Corp | 0.190 | 01/05/16 | 26,299 | |||||||||||
27,500,000 | y | Unilever Capital Corp | 0.170 | 01/11/16 | 27,499 | |||||||||||
30,000,000 | y | Unilever Capital Corp | 0.180 | 01/19/16 | 29,997 | |||||||||||
25,000,000 | y | Unilever Capital Corp | 0.195 | 01/25/16 | 24,997 |
399 |
COLLEGE RETIREMENT EQUITIES FUND - Money Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 3,000,000 | y | Unilever Capital Corp | 0.390 | % | 02/16/16 | $ | 2,998 | ||||||||
24,500,000 | y | Unilever Capital Corp | 0.440 | 02/26/16 | 24,483 | |||||||||||
20,000,000 | y | Unilever Capital Corp | 0.430 | 03/01/16 | 19,986 | |||||||||||
20,000,000 | y | Unilever Capital Corp | 0.470 | 03/04/16 | 19,984 | |||||||||||
7,000,000 | y | United Overseas Bank Ltd | 0.300 | 01/20/16 | 6,999 | |||||||||||
3,550,000 | y | United Overseas Bank Ltd | 0.550 | 02/24/16 | 3,547 | |||||||||||
25,650,000 | y | Wal-Mart Stores, Inc | 0.260 | 01/28/16 | 25,645 | |||||||||||
8,300,000 | Washington Gas Light Co | 0.400 | 01/05/16 | 8,300 | ||||||||||||
6,875,000 | Washington Gas Light Co | 0.400 | 01/06/16 | 6,875 | ||||||||||||
30,500,000 | Washington Gas Light Co | 0.200-0.400 | 01/12/16 | 30,497 | ||||||||||||
20,000,000 | y | Westpac Banking Corp | 0.370 | 02/02/16 | 19,993 | |||||||||||
50,000,000 | y | Westpac Banking Corp | 0.380 | 02/10/16 | 49,979 | |||||||||||
20,000,000 | y | Westpac Banking Corp | 0.790 | 06/03/16 | 19,932 | |||||||||||
TOTAL COMMERCIAL PAPER | 3,504,417 | |||||||||||||||
GOVERNMENT AGENCY DEBT - 33.1% | ||||||||||||||||
15,000,000 | Federal Farm Credit Bank (FFCB) | 0.320 | 02/09/16 | 14,995 | ||||||||||||
50,000,000 | FFCB | 0.350 | 03/07/16 | 49,968 | ||||||||||||
22,900,000 | FFCB | 0.460 | 03/18/16 | 22,877 | ||||||||||||
2,000,000 | FFCB | 0.490 | 04/14/16 | 1,997 | ||||||||||||
25,400,000 | Federal Home Loan Bank (FHLB) | 0.100-0.241 | 01/04/16 | 25,400 | ||||||||||||
42,740,000 | FHLB | 0.110-0.240 | 01/06/16 | 42,739 | ||||||||||||
7,000,000 | FHLB | 0.100-0.120 | 01/07/16 | 7,000 | ||||||||||||
67,600,000 | FHLB | 0.090-0.225 | 01/08/16 | 67,599 | ||||||||||||
7,100,000 | FHLB | 0.115 | 01/11/16 | 7,100 | ||||||||||||
59,090,000 | FHLB | 0.110-0.150 | 01/12/16 | 59,088 | ||||||||||||
51,549,000 | FHLB | 0.110-0.129 | 01/13/16 | 51,547 | ||||||||||||
13,200,000 | FHLB | 0.130 | 01/14/16 | 13,199 | ||||||||||||
100,100,000 | FHLB | 0.110-0.210 | 01/15/16 | 100,094 | ||||||||||||
25,225,000 | FHLB | 0.130-0.137 | 01/19/16 | 25,223 | ||||||||||||
54,225,000 | FHLB | 0.120-0.180 | 01/20/16 | 54,221 | ||||||||||||
38,500,000 | FHLB | 0.120-0.155 | 01/21/16 | 38,497 | ||||||||||||
153,081,000 | FHLB | 0.110-0.310 | 01/22/16 | 153,067 | ||||||||||||
68,000,000 | FHLB | 0.150-0.305 | 01/25/16 | 67,991 | ||||||||||||
105,695,000 | FHLB | 0.130-0.170 | 01/26/16 | 105,683 | ||||||||||||
95,869,000 | FHLB | 0.122-0.340 | 01/27/16 | 95,858 | ||||||||||||
59,600,000 | FHLB | 0.165-0.320 | 01/28/16 | 59,591 | ||||||||||||
144,000,000 | FHLB | 0.138-0.140 | 01/29/16 | 143,984 | ||||||||||||
15,000,000 | FHLB | 0.140 | 02/01/16 | 14,998 | ||||||||||||
55,815,000 | FHLB | 0.140-0.375 | 02/02/16 | 55,803 | ||||||||||||
130,000,000 | FHLB | 0.145-0.345 | 02/03/16 | 129,976 | ||||||||||||
82,350,000 | FHLB | 0.195-0.230 | 02/05/16 | 82,334 | ||||||||||||
48,248,000 | FHLB | 0.200-0.270 | 02/08/16 | 48,235 | ||||||||||||
58,200,000 | FHLB | 0.225 | 02/09/16 | 58,186 | ||||||||||||
62,255,000 | FHLB | 0.190-0.335 | 02/10/16 | 62,237 | ||||||||||||
10,000,000 | FHLB | 0.270 | 02/11/16 | 9,997 | ||||||||||||
30,000,000 | FHLB | 0.235 | 02/12/16 | 29,992 | ||||||||||||
111,795,000 | FHLB | 0.280-0.420 | 02/16/16 | 111,746 | ||||||||||||
118,261,000 | FHLB | 0.230-0.368 | 02/17/16 | 118,218 | ||||||||||||
16,800,000 | FHLB | 0.265 | 02/18/16 | 16,794 | ||||||||||||
94,595,000 | FHLB | 0.233-0.390 | 02/19/16 | 94,557 | ||||||||||||
25,000,000 | FHLB | 0.360 | 02/22/16 | 24,987 | ||||||||||||
55,000,000 | FHLB | 0.310-0.430 | 02/23/16 | 54,969 |
400 |
COLLEGE RETIREMENT EQUITIES FUND - Money Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 110,650,000 | FHLB | 0.245-0.350 | % | 02/24/16 | $ | 110,605 | |||||||||
100,729,000 | FHLB | 0.240-0.300 | 02/26/16 | 100,684 | ||||||||||||
25,000,000 | FHLB | 0.310 | 03/01/16 | 24,987 | ||||||||||||
59,000,000 | FHLB | 0.300-0.315 | 03/02/16 | 58,970 | ||||||||||||
25,000,000 | FHLB | 0.320 | 03/03/16 | 24,986 | ||||||||||||
20,000,000 | FHLB | 0.360 | 03/04/16 | 19,987 | ||||||||||||
40,000,000 | FHLB | 0.465 | 03/07/16 | 39,966 | ||||||||||||
7,875,000 | FHLB | 0.360 | 03/08/16 | 7,870 | ||||||||||||
90,785,000 | FHLB | 0.320-0.470 | 03/09/16 | 90,719 | ||||||||||||
41,500,000 | FHLB | 0.430-0.440 | 03/11/16 | 41,465 | ||||||||||||
47,000,000 | FHLB | 0.420-0.465 | 03/16/16 | 46,959 | ||||||||||||
3,375,000 | FHLB | 0.190 | 03/21/16 | 3,374 | ||||||||||||
57,251,000 | FHLB | 0.440-0.450 | 03/23/16 | 57,193 | ||||||||||||
39,037,000 | FHLB | 0.400-0.440 | 03/28/16 | 38,998 | ||||||||||||
152,000,000 | FHLB | 0.350-0.460 | 03/30/16 | 151,851 | ||||||||||||
900,000 | FHLB | 0.300 | 04/12/16 | 899 | ||||||||||||
10,000,000 | FHLB | 0.430 | 04/27/16 | 9,986 | ||||||||||||
22,215,000 | FHLB | 0.620-0.670 | 06/08/16 | 22,154 | ||||||||||||
4,300,000 | FHLB | 0.620 | 06/13/16 | 4,288 | ||||||||||||
10,000,000 | Federal Home Loan Mortgage Corp (FHLMC) | 0.170 | 01/14/16 | 9,999 | ||||||||||||
26,200,000 | FHLMC | 0.165 | 01/20/16 | 26,198 | ||||||||||||
700,000 | FHLMC | 0.200 | 01/21/16 | 700 | ||||||||||||
30,500,000 | FHLMC | 0.140-0.170 | 01/25/16 | 30,497 | ||||||||||||
25,000,000 | FHLMC | 0.240 | 01/26/16 | 24,996 | ||||||||||||
24,200,000 | FHLMC | 0.110-0.330 | 01/27/16 | 24,196 | ||||||||||||
10,000,000 | FHLMC | 0.220 | 01/28/16 | 9,998 | ||||||||||||
12,000,000 | FHLMC | 0.180 | 01/29/16 | 11,998 | ||||||||||||
1,050,000 | FHLMC | 0.220 | 02/09/16 | 1,050 | ||||||||||||
6,300,000 | FHLMC | 0.215-0.310 | 02/10/16 | 6,298 | ||||||||||||
29,652,000 | FHLMC | 0.205-0.330 | 02/17/16 | 29,643 | ||||||||||||
3,500,000 | FHLMC | 0.320 | 02/23/16 | 3,498 | ||||||||||||
575,000 | FHLMC | 0.265 | 03/16/16 | 575 | ||||||||||||
3,060,000 | FHLMC | 0.250 | 03/24/16 | 3,058 | ||||||||||||
41,623,000 | FHLMC | 0.415-0.500 | 04/01/16 | 41,574 | ||||||||||||
27,790,000 | FHLMC | 0.270-0.340 | 04/04/16 | 27,770 | ||||||||||||
67,725,000 | FHLMC | 0.440-0.450 | 04/08/16 | 67,643 | ||||||||||||
30,000,000 | FHLMC | 0.450 | 04/12/16 | 29,962 | ||||||||||||
15,200,000 | FHLMC | 0.380 | 04/14/16 | 15,183 | ||||||||||||
12,315,000 | FHLMC | 0.350 | 04/22/16 | 12,302 | ||||||||||||
15,000,000 | FHLMC | 0.420 | 05/02/16 | 14,979 | ||||||||||||
25,000,000 | FHLMC | 0.390 | 05/04/16 | 24,966 | ||||||||||||
12,400,000 | FHLMC | 0.590 | 10/19/16 | 12,341 | ||||||||||||
8,520,000 | Federal National Mortgage Association (FNMA) | 0.160 | 01/04/16 | 8,520 | ||||||||||||
3,000,000 | FNMA | 0.150 | 01/05/16 | 3,000 | ||||||||||||
21,343,000 | FNMA | 0.150-0.250 | 01/14/16 | 21,341 | ||||||||||||
2,265,000 | FNMA | 0.140 | 01/19/16 | 2,265 | ||||||||||||
23,000,000 | FNMA | 0.110 | 01/20/16 | 22,999 | ||||||||||||
3,000,000 | FNMA | 0.300 | 01/21/16 | 2,999 | ||||||||||||
9,000,000 | FNMA | 0.182 | 01/25/16 | 8,999 | ||||||||||||
32,800,000 | FNMA | 0.145-0.360 | 02/02/16 | 32,790 | ||||||||||||
10,000,000 | FNMA | 0.200 | 02/03/16 | 9,998 | ||||||||||||
17,413,000 | FNMA | 0.200-0.300 | 02/08/16 | 17,409 | ||||||||||||
5,700,000 | FNMA | 0.210-0.240 | 02/10/16 | 5,699 |
401 |
COLLEGE RETIREMENT EQUITIES FUND - Money Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 11,200,000 | FNMA | 0.215-0.310 | % | 02/16/16 | $ | 11,197 | |||||||||
1,025,000 | FNMA | 0.210 | 02/17/16 | 1,025 | ||||||||||||
8,600,000 | FNMA | 0.225-0.380 | 02/22/16 | 8,597 | ||||||||||||
5,108,000 | FNMA | 0.410 | 02/25/16 | 5,105 | ||||||||||||
40,000,000 | FNMA | 0.340 | 03/01/16 | 39,977 | ||||||||||||
15,000,000 | FNMA | 0.200 | 03/14/16 | 14,994 | ||||||||||||
2,304,000 | FNMA | 0.420 | 03/16/16 | 2,302 | ||||||||||||
1,580,000 | FNMA | 0.250 | 04/06/16 | 1,579 | ||||||||||||
20,900,000 | FNMA | 0.300-0.330 | 04/13/16 | 20,880 | ||||||||||||
77,800,000 | FNMA | 0.340 | 04/14/16 | 77,724 | ||||||||||||
9,000,000 | FNMA | 0.370 | 04/20/16 | 8,990 | ||||||||||||
2,695,000 | FNMA | 0.320 | 04/27/16 | 2,692 | ||||||||||||
30,000,000 | FNMA | 0.520 | 05/02/16 | 29,947 | ||||||||||||
28,935,000 | FNMA | 0.640-0.650 | 06/08/16 | 28,853 | ||||||||||||
TOTAL GOVERNMENT AGENCY DEBT | 3,795,993 | |||||||||||||||
TREASURY DEBT - 17.9% | ||||||||||||||||
80,000,000 | United States Treasury Bill | 0.050-0.150 | 01/07/16 | 79,999 | ||||||||||||
100,000,000 | United States Treasury Bill | 0.071-0.192 | 01/14/16 | 99,996 | ||||||||||||
20,000,000 | United States Treasury Bill | 0.071 | 01/21/16 | 19,999 | ||||||||||||
17,120,000 | United States Treasury Bill | 0.056-0.095 | 01/28/16 | 17,119 | ||||||||||||
62,055,000 | United States Treasury Bill | 0.112-0.218 | 02/04/16 | 62,044 | ||||||||||||
90,000,000 | United States Treasury Bill | 0.085-0.229 | 02/11/16 | 89,984 | ||||||||||||
80,000,000 | United States Treasury Bill | 0.032-0.184 | 02/18/16 | 79,989 | ||||||||||||
74,355,000 | United States Treasury Bill | 0.163-0.233 | 02/25/16 | 74,333 | ||||||||||||
65,000,000 | United States Treasury Bill | 0.200-0.249 | 03/03/16 | 64,975 | ||||||||||||
55,000,000 | United States Treasury Bill | 0.152-0.257 | 03/10/16 | 54,979 | ||||||||||||
22,725,000 | United States Treasury Bill | 0.147-0.183 | 03/17/16 | 22,718 | ||||||||||||
33,740,000 | United States Treasury Bill | 0.045-0.174 | 03/24/16 | 33,732 | ||||||||||||
30,000,000 | United States Treasury Bill | 0.061-0.204 | 04/07/16 | 29,991 | ||||||||||||
25,000,000 | United States Treasury Bill | 0.073-0.210 | 04/14/16 | 24,991 | ||||||||||||
85,000,000 | United States Treasury Bill | 0.111-0.121 | 04/21/16 | 84,970 | ||||||||||||
50,000,000 | United States Treasury Bill | 0.155-0.200 | 04/28/16 | 49,971 | ||||||||||||
34,900,000 | United States Treasury Bill | 0.311-0.426 | 05/05/16 | 34,856 | ||||||||||||
20,000,000 | United States Treasury Bill | 0.358-0.450 | 05/19/16 | 19,969 | ||||||||||||
20,000,000 | United States Treasury Bill | 0.476 | 06/02/16 | 19,959 | ||||||||||||
25,000,000 | United States Treasury Bill | 0.402-0.404 | 06/09/16 | 24,955 | ||||||||||||
1,620,000 | United States Treasury Bill | 0.204 | 08/18/16 | 1,618 | ||||||||||||
100,000,000 | United States Treasury Note | 0.375 | 01/15/16 | 100,007 | ||||||||||||
50,000,000 | United States Treasury Note | 0.375 | 01/31/16 | 50,008 | ||||||||||||
25,000,000 | United States Treasury Note | 0.375 | 02/15/16 | 25,007 | ||||||||||||
120,000,000 | United States Treasury Note | 0.250 | 02/29/16 | 120,010 | ||||||||||||
121,335,000 | United States Treasury Note | 0.375 | 03/15/16 | 121,371 | ||||||||||||
150,000,000 | United States Treasury Note | 0.375 | 03/31/16 | 150,058 | ||||||||||||
150,000,000 | United States Treasury Note | 0.250 | 04/15/16 | 150,022 | ||||||||||||
20,000,000 | United States Treasury Note | 0.375 | 04/30/16 | 20,002 | ||||||||||||
20,000,000 | United States Treasury Note | 0.250 | 05/15/16 | 19,992 | ||||||||||||
64,015,000 | United States Treasury Note | 0.375 | 05/31/16 | 64,042 | ||||||||||||
40,620,000 | United States Treasury Note | 0.500 | 06/15/16 | 40,646 | ||||||||||||
32,215,000 | United States Treasury Note | 0.500 | 06/30/16 | 32,253 | ||||||||||||
99,560,000 | United States Treasury Note | 0.625 | 07/15/16 | 99,709 | ||||||||||||
10,000,000 | United States Treasury Note | 0.500 | 07/31/16 | 10,005 | ||||||||||||
39,470,000 | United States Treasury Note | 0.625 | 08/15/16 | 39,532 |
402 |
COLLEGE RETIREMENT EQUITIES FUND - Money Market Account
MATURITY | VALUE | |||||||||||||||
PRINCIPAL | ISSUER | RATE | DATE | (000) | ||||||||||||
$ | 5,280,000 | United States Treasury Note | 0.500 | % | 08/31/16 | $ | 5,287 | |||||||||
TOTAL TREASURY DEBT | 2,039,098 | |||||||||||||||
VARIABLE RATE SECURITIES - 15.4% | ||||||||||||||||
20,000,000 | i,y | Bedford Row Funding Corp | 0.376 | 04/01/16 | 20,001 | |||||||||||
70,000,000 | i | Federal Farm Credit Bank (FFCB) | 0.450 | 01/13/16 | 70,000 | |||||||||||
60,100,000 | i | FFCB | 0.500 | 02/01/16 | 60,104 | |||||||||||
20,000,000 | i | FFCB | 0.390 | 03/29/16 | 19,998 | |||||||||||
50,000,000 | i | FFCB | 0.372 | 04/21/16 | 49,998 | |||||||||||
36,000,000 | i | FFCB | 0.530 | 06/09/16 | 36,015 | |||||||||||
45,000,000 | i | FFCB | 0.420 | 06/23/16 | 44,996 | |||||||||||
150,000,000 | i | FFCB | 0.263 | 08/10/16 | 149,985 | |||||||||||
50,000,000 | i | FFCB | 0.398 | 08/24/16 | 49,990 | |||||||||||
10,000,000 | i | FFCB | 0.321 | 10/11/16 | 10,001 | |||||||||||
4,700,000 | i | FFCB | 0.480 | 12/30/16 | 4,696 | |||||||||||
22,000,000 | i | FFCB | 0.390 | 01/13/17 | 22,000 | |||||||||||
120,000,000 | i | FFCB | 0.398 | 01/24/17 | 119,994 | |||||||||||
10,275,000 | i | FFCB | 0.405 | 01/30/17 | 10,263 | |||||||||||
64,000,000 | i | FFCB | 0.425 | 02/23/17 | 63,978 | |||||||||||
76,000,000 | i | FFCB | 0.243 | 03/02/17 | 76,000 | |||||||||||
50,000,000 | i | FFCB | 0.500 | 03/09/17 | 49,976 | |||||||||||
15,200,000 | i | FFCB | 0.500 | 04/10/17 | 15,202 | |||||||||||
105,000,000 | i | FFCB | 0.326 | 06/15/17 | 104,989 | |||||||||||
50,000,000 | i | FFCB | 0.480 | 06/27/17 | 49,940 | |||||||||||
72,000,000 | i | FFCB | 0.331 | 07/17/17 | 71,993 | |||||||||||
50,000,000 | i | FFCB | 0.470 | 08/04/17 | 49,984 | |||||||||||
16,500,000 | i | Federal Home Loan Bank (FHLB) | 0.187 | 01/30/17 | 16,495 | |||||||||||
60,000,000 | i | FHLB | 0.229 | 02/17/17 | 59,974 | |||||||||||
50,000,000 | i | Federal Home Loan Mortgage Corp (FHLMC) | 0.397 | 07/21/16 | 49,997 | |||||||||||
9,500,000 | i | FHLMC | 0.322 | 01/12/17 | 9,500 | |||||||||||
60,000,000 | i | FHLMC | 0.322 | 01/13/17 | 59,994 | |||||||||||
11,300,000 | i | FHLMC | 0.407 | 04/20/17 | 11,293 | |||||||||||
30,000,000 | i | FHLMC | 0.462 | 04/27/17 | 29,992 | |||||||||||
21,497,000 | i | Federal National Mortgage Association (FNMA) | 0.351 | 08/15/16 | 21,501 | |||||||||||
45,050,000 | i | FNMA | 0.437 | 01/26/17 | 45,057 | |||||||||||
78,000,000 | i | FNMA | 0.422 | 07/20/17 | 77,913 | |||||||||||
94,500,000 | i | FNMA | 0.355 | 08/16/17 | 94,484 | |||||||||||
50,000,000 | i | FNMA | 0.279 | 10/05/17 | 49,987 | |||||||||||
50,000,000 | i | Wells Fargo Bank NA | 0.540 | 03/10/16 | 50,000 | |||||||||||
50,000,000 | i | Wells Fargo Bank NA | 0.570 | 04/11/16 | 50,000 | |||||||||||
TOTAL VARIABLE RATE SECURITIES | 1,776,290 | |||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | 11,422,798 | |||||||||||||||
(Cost $11,422,798) | ||||||||||||||||
TOTAL INVESTMENTS - 100.0% | 11,422,798 | |||||||||||||||
(Cost $11,422,798) | ||||||||||||||||
OTHER ASSETS & LIABILITIES, NET - 0.0% | 1,965 | |||||||||||||||
NET ASSETS - 100.0% | $ | 11,424,763 |
403 |
COLLEGE RETIREMENT EQUITIES FUND - Money Market Account
i | Floating or variable rate security. Coupon rate reflects the rate at period end. | |
y | Security exempt from registration under Section 4(2) of the Securities Act of 1933. Such securities are deemed liquid and may be resold in transactions exempt from registration only to dealers in that program or other “accredited investors.” At 12/31/15, the aggregate value of these securities was $2,529,897,000, or 22.1% of net assets. | |
Cost amounts are in thousands. |
404 |
Report of Independent Registered Public Accounting Firm
To the Board of Trustees and Participants of the College Retirement Equities Fund:
In our opinion, the accompanying statements of assets and liabilities, including the summary portfolios of investments, and the related statements of operations and of changes in net assets and the financial highlights (included in Item 1 of this Form N-CSR) and the schedules of investments (included in Item 6 of this Form N-CSR) present fairly, in all material respects, the financial position of the Stock Account, Global Equities Account, Growth Account, Equity Index Account, Bond Market Account, Inflation-Linked Bond Account, Social Choice Account, and Money Market Account (constituting the College Retirement Equities Fund, hereafter collectively referred to as the “Accounts”) at December 31, 2015, the results of each of their operations, the changes in each of their net assets and the financial highlights for each of the periods presented, in conformity with accounting principles generally accepted in the United States of America. These financial statements, financial highlights and schedules of investments (hereafter collectively referred to as “financial statements”) are the responsibility of the Accounts’ management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at December 31, 2015 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion.
/s/ PricewaterhouseCoopers LLP
Baltimore, Maryland
February 19, 2016
405 |
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not Applicable.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not Applicable.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not Applicable.
Item 10. Submission of Matters to a Vote of Security Holders.
There were no material changes to the procedures by which shareholders may recommend nominees to the Registrant’s Board of Trustees.
Item 11. Controls and Procedures.
(a) An evaluation was performed within 90 days of the filing date of the report under the supervision of the Registrant’s management, including the principal executive officer and principal financial officer, of the effectiveness of the design and operation of the Registrant’s disclosure controls and procedures. Based on that evaluation, the Registrant’s management, including the principal executive officer and principal financial officer, concluded that the Registrant’s disclosure controls and procedures were effective for this annual reporting period.
(b) There were no changes in the Registrant’s internal control over financial reporting that occurred during the Registrant’s annual period covered by this report that materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
Item 12. Exhibits.
12(a)(1) Copy of current SOX code of ethics for Senior Financial Officers
12(a)(2)(i) Section 302 certification of the principal executive officer
12(a)(2)(ii) Section 302 certification of the principal financial officer
12(b) Section 906 certification of principal executive officer and principal financial officer
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
COLLEGE RETIREMENT EQUITIES FUND | ||||
Dated: | February 19, 2016 | By: | /s/Robert G. Leary | |
Robert G. Leary | ||||
Principal Executive Officer and | ||||
Executive Vice President | ||||
(principal executive officer) |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
Dated: | February 19, 2016 | By: | /s/Robert G. Leary | |
Robert G. Leary | ||||
Principal Executive Officer and | ||||
Executive Vice President | ||||
(principal executive officer) |
Dated: | February 19, 2016 | By: | /s/Virginia M. Wilson | |
Virginia M. Wilson | ||||
Executive Vice President, Chief Financial Officer | ||||
and Principal Accounting Officer | ||||
(principal financial officer) |
EXHIBIT INDEX
Item 12. Exhibits.
12(a)(1) Copy of current SOX code of ethics for Senior Financial Officers
12(a)(2)(i) Section 302 certification of the principal executive officer
12(a)(2)(ii) Section 302 certification of the principal financial officer
12(b) Section 906 certification of principal executive officer and principal financial officer