UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES
Investment Company Act file number File No. 811-08520
TIAA SEPARATE ACCOUNT VA-1
(Exact name of Registrant as specified in charter)
730 Third Avenue, New York, New York 10017
(Address of principal executive offices) (Zip code)
Stewart P. Greene, Esq.
c/o TIAA-CREF
730 Third Avenue,
New York, New York 10017-3206
(Name and address of agent for service)
Registrant’s telephone number, including area code: 212-490-9000
Date of fiscal year end: December 31
Date of reporting period: December 31, 2006
Item 1. Reports to Stockholders.
2006 ANNUAL REPORT
TIAA SEPARATE ACCOUNT VA-1
DECEMBER 31, 2006
Audited financial statements including summary portfolio of investments
Stock Index Account
SIGN UP FOR ELECTRONIC DELIVERY AT
www.tiaa-cref.org
PERFORMANCE OVERVIEW AS OF DECEMBER 31, 2006
Average annual compound rates of total return | ||||||||||||||
Inception date | 1 year | 5 years | 10 years | Since inception | ||||||||||
EQUITIES | ||||||||||||||
Stock Index Account | 11/1/1994 | 14.94 | % | 6.57 | % | 8.14 | % | 10.95 | % |
The returns quoted represent 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 above, 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 www.tiaa-cref.org, or call 800 223-1200.
Understanding this report
This report contains information about the TIAA Separate Account VA-1 and analyzes the account’s results for the year ended December 31, 2006. It has five main sections:
• | The performance overview on the inside front cover shows the account’s returns over a variety of time periods. |
• | The letter from Edward Grzybowski, the chief investment officer of Teachers Advisors, Inc., the account’s investment adviser, explains how economic conditions affected investment returns in the United States during the twelve-month period. |
• | The account performance section compares the account’s return with the returns of the account’s benchmark index and peer group. |
• | The summary portfolio of investments lists the industries or types of securities in which the account had investments as of December 31, 2006, and the largest individual issues the account held on that date. |
• | The financial statements contain detailed information about the operations and financial condition of the account. |
As always, you should carefully consider the investment objectives, risks, charges and expenses of any account before investing. Please visit our website at www.tiaa-cref.org, or call 800 223-1200, for a prospectus that contains this and other important information. We urge you to read it carefully before investing.
2 | ||
4 | ||
5 | ||
6 | ||
Account performance | ||
8 | ||
Summary portfolio of investments | 11 | |
Financial statements | ||
Statement of assets and liabilities | 16 | |
Statement of operations | 17 | |
Statement of changes in net assets | 18 | |
Notes to financial statements | 19 | |
Report of independent registered public accounting firm | 25 | |
Management | 26 | |
How to reach us | Inside back cover |
The U.S. stock market got off to a strong start in 2006, but a sell-off during the second quarter erased many of those early gains. During the year’s second half, a vigorous global stock rally enabled U.S. stocks to score impressive results for the twelve-month period.
The Russell 3000® Index, which measures the broad U.S. market, advanced 15.7% for the year—nearly twice the 8.6% average annual return of the index over the decade that ended December 31, 2006, and the best performance that index had posted since 2003. U.S. stocks benefited from a double-digit increase in corporate profits, solid economic growth and, in the second half of the year, steady short-term interest rates.
U.S. economy shows resilience
Despite patches of weakness and a downturn in the housing market, the overall national economy continued to expand at a healthy pace in 2006. Initial estimates are that Gross Domestic Product rose 3.4% during the year.
After raising short-term interest rates four times during the first six months of 2006, the Federal Reserve held them steady for the rest of the year.
The price of oil, which peaked at $77 per barrel in mid-July, declined to $61 per barrel at year’s end—a 21% drop. In December, the overall inflation rate as measured by the Consumer Price Index was 2.5% on a year-over-year basis.
Level short-term interest rates and expectations of a cooling economy in 2007 lifted prices for both government and corporate bonds. The Lehman Brothers U.S. Aggregate Index, which measures the total return for investment-grade U.S. bonds, rose 4.3% for the year.
The market’s advance is broad-based
All twelve industry sectors of the Russell 3000 advanced, led by the 34.7% jump in the integrated oils sector. Four of the five largest sectors posted double-digit gains, including financial stocks, which made up nearly one-quarter of the index in terms of market capitalization and climbed 19.4%.
Investors continued to show a preference for value over growth issues: the 22.3% rise in value stocks was more than double the 9.5% gain of growth stocks. There was less variation among the returns of stocks of different capitalization sizes. Small caps rose 18.4%, while large caps and mid caps returned 15.5% and 15.3%, respectively.
The Russell 3000 Index, the account’s benchmark, includes stocks of all three cap sizes, but large caps account for about four-fifths of the index in terms of market capitalization.
2 | 2006 Annual Report TIAA Separate Account VA-1
Edward J. Grzybowski
Chief Investment Officer
Teachers Advisors, Inc.
The average annual pretax return on assets for the companies of the Russell 3000, based on the previous five years, was 9.9%, up from 9.5% during 2005.
The account remains ahead of its peers
The Stock Index Account, the underlying investment of the TIAA Separate Account VA-1, uses an indexing strategy. It seeks a favorable long-term return from a diversified portfolio selected to track the overall market for common stocks in the United States. The account’s benchmark is the Russell 3000 Index.
The indexing approach has served the account well. For 2006 its 14.9% return was more than two percentage points ahead of the 12.8% average return of its peer group, the Morningstar Large Blend (VA) category. For the ten-year period ended December 31, 2006, the account posted an average annual return of 8.1%, versus the 6.1% average return of its Morningstar peer group.
While past performance is no guarantee of future results, the broad diversification that indexing provides enables a portfolio to capture the market’s gains when stocks move up and to avoid the worst losses of individual market sectors when stocks decline.
Indexing also helps keep an account’s expenses low, so investors receive a larger share of the portfolio’s earnings. Although lower expenses do not guarantee higher returns, the account’s annual expense charge of just 0.67% makes it an attractive choice for the cost-conscious investor.
![]() |
Edward J. Grzybowski |
Chief Investment Officer |
Teachers Advisors, Inc. |
TIAA Separate Account VA-1 2006 Annual Report | 3
More information for policyholders
Portfolio listings
SEC rules intended to provide investors with more meaningful information about account performance allow investment companies to list the top holdings of each account in their annual and semiannual reports instead of providing complete portfolio listings. The account files complete portfolio listings with the SEC, which are available to policyholders.
You can obtain a complete list of TIAA Separate Account VA-1’s holdings (called “TIAA Separate Account VA-1 Statement of Investments”) as of the most recently completed fiscal quarter (currently for the period ended December 31, 2006) in the following ways:
• | by visiting the TIAA-CREF website at www.tiaa-cref.org; or |
• | by calling TIAA-CREF at 800 842-2776 to request a copy, which will be provided free of charge. |
You can also obtain a complete list of the Stock Index Account’s holdings as of the most recently completed fiscal quarter, and for prior quarter-ends, from the SEC. (Form N-CSR lists holdings as of December 31 or June 30; Form N-Q lists holdings 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 |
• | at the SEC’s Public Reference Room. (Call 800 SEC-0330 for more information.) |
Proxy voting
The Separate Account’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 at our website at www.tiaa-cref.org, or on the SEC website at www.sec.gov. You may also call us at 800 223-1200 to request a free copy. A report of how the account voted during the most recently completed twelve-month period ended June 30 can be found at our website or 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 homepage; by mail at TIAA-CREF, 730 Third Avenue, New York NY 10017–3206; or by phone at 800 223-1200.
Account management
TIAA Separate Account VA-1 is managed by the portfolio management teams of Teachers Advisors, Inc. The members of these teams are responsible for the day-to-day operations of the account.
4 | 2006 Annual Report TIAA Separate Account VA-1
Annuities are designed for retirement savings or for other long-term goals. They offer several payment options, including lifetime income. Payments from variable annuities are not guaranteed, and the payment amounts will rise or fall depending on investment returns.
Benchmarks (benchmark indexes) are groups of securities, such as the Russell 3000® Index, whose performance can be used as a standard by which to judge the performance of a variable annuity.*
Expense ratio is the amount that investors pay for the management of a variable annuity account. The amount is expressed as a percentage of the account’s average net assets. Expense ratios do not include front-end or back-end sales charges, if any, or trading costs. See “Total return.”
Market capitalization is the total value of a company’s outstanding stock. It is calculated by multiplying the total number of a company’s outstanding shares by the current market price per share.
Peer groups are groupings of variable annuities with similar objectives whose performance can be compared with that of an individual variable annuity with a similar objective.
Relative performance is the return of a variable annuity in relation to the return of its benchmark index.
Securities is a general name for stocks (also known as “equities”), bonds (also known as “fixed-income securities”) or other investments.
Separate account is an account established by a life insurance company, separate from its general account, for the investments in nonguaranteed insurance and annuity products. In contrast, a life insurer’s general account supports products with principal and interest guarantees. Separate accounts generally are registered with the SEC as investment companies.
Total return is the amount an investment provides to investors after expenses are deducted. Total return is expressed as a percentage. It includes any interest or dividends, as well as any change in the market value of the investment.
* | Russell 3000 is a trademark and service mark of the Frank Russell Company. TIAA-CREF products are not promoted or sponsored by, or affiliated with, the Frank Russell Company. |
TIAA Separate Account VA-1 2006 Annual Report | 5
Important information about expenses
As a TIAA Separate Account VA-1 contract owner, you incur only one of two potential types of costs.
• | You incur no transaction costs, including sales charges (loads) on contributions, on reinvested dividends or on other distributions. There are also no redemption fees or exchange fees. |
• | However, you do incur ongoing costs, including investment advisory fees, administrative expenses, and mortality and expense risk charges. |
The example that appears on this page is intended to help you understand your ongoing costs (in dollars) of investing in the account. It is also designed to help you compare these costs with the ongoing costs of investing in other variable annuity accounts and mutual funds. (The costs shown do not reflect any separate account fees or expenses deducted under the variable annuity contracts using the TIAA Separate Account VA-1. If those fees or expenses were included, the costs would be higher.)
The example assumes $1,000 was invested on July 1, 2006, and held for six months until December 31, 2006.
Actual expenses
The first line in the table uses the account’s actual expenses and its actual rate of return. You may use the information in this line, together with the amount you invested at the beginning of the period, to estimate the expenses that you paid over the six-month period.
Simply divide your beginning accumulation by $1,000 (for example, an $8,600 accumulation divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading “Expenses paid” to estimate the expenses you paid during the six-month period.
Stock Index Account expense example | |||||||||
Starting account value (7/1/06) | Ending account value (12/31/06) | Expenses paid* (7/1/06–12/31/06) | |||||||
Actual return | $ | 1,000.00 | $ | 1,116.90 | $ | 3.59 | |||
5% annual hypothetical return | $ | 1,000.00 | 1,021.78 | 3.43 |
* | “Expenses paid” is equal to the account’s annualized expense ratio of 0.67%, multiplied by the average account value over the six-month period, multiplied by 184/365. There were 184 days in the second half of 2006. |
6 | 2006 Annual Report TIAA Separate Account VA-1
DISCLOSURE
Hypothetical example for comparison purposes
The second line in the table shows hypothetical account values and hypothetical expenses based on the account’s actual expense ratio for the six-month period and an assumed annual rate of return of 5% before expenses—which is not the account’s actual return.
Do not use the hypothetical account values and hypothetical expenses to estimate the actual expenses you paid for the period. Instead, you can use this information to compare the ongoing costs of investing in an individual account with ongoing costs of other variable annuity accounts and mutual funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other accounts or funds.
TIAA Separate Account VA-1 2006 Annual Report | 7
Stock Index Account | U.S. stocks
DISCUSSION
Performance in the twelve months ended December 31, 2006
The Stock Index Account returned 14.94% for the year, compared with the 15.72% gain of its benchmark, the Russell 3000® Index, and the 12.79% average return of the account’s peer group, the Morningstar Large Blend (VA) category, which tracked 3,949 variable annuities as of December 31, 2006.
Stocks sizzle in the second half of 2006
The broad U.S. stock market, as measured by the Russell 3000 Index, posted its best calendar-year return since 2003. Stock prices were propelled by continued growth in corporate earnings and falling energy prices. Most of the market’s climb occurred between August and December, when the index jumped 12.20% after a 3.13% rise through July.
Both growth and value stocks posted strong results across all three market-capitalization sizes, as defined by the Russell indexes. Small-cap value stocks led the pack with a 23.48% gain, while large-cap growth stocks trailed other categories, returning 9.07%.
However, U.S. stocks continued to trail foreign issues, which soared 26.34% in dollar terms, as measured by the MSCI EAFE® Index. For the ten-year period, the average annual return of the Russell 3000 was 8.64%, versus 7.71% for the EAFE in dollar terms.
Integrated oils lead a broad-based advance
All twelve benchmark sectors moved solidly upward, and ten produced double-digit gains. The largest sector, financial stocks, which made up nearly a quarter of the benchmark in terms of market capitalization at year’s end, climbed 19.4%. The next-largest sector, consumer discretionary, rose 12.3%, and the third-largest, technology, returned 10.9%.
The best-performing sectors, integrated oils and utilities, posted outsized gains of 34.7% and 30.5%, respectively. Although these two sectors together constituted only about 12% of the benchmark’s market capitalization on December 31, their exceptional performance contributed substantially to overall returns.
Largest stocks post strong results
In descending order according to cap size, the benchmark’s five-largest holdings performed as follows: ExxonMobil, 38.9%; General Electric, 8.9%; Citigroup, 19.4%; Microsoft, 15.3%; and Bank of America, 20.6%.
For the period, the account’s return was comparable to that of the benchmark, minus the effects of expenses and of some cash holdings for liquidity. The account had a risk profile similar to that of the benchmark.
8 | 2006 Annual Report TIAA Separate Account VA-1
Stock Index Account | U.S. stocks
PERFORMANCE
Investment objective
This account seeks a favorable long-term return from a diversified portfolio selected to track the overall market for common stocks publicly traded in the United States, as represented by a broad stock market index.
Risks of this account
In addition to the risks of any equity investment—market risk and company risk—the account is subject to special risks, including index risk. For a complete discussion of risk, please see the prospectus.
The account’s benchmark
The Russell 3000® Index 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. You cannot invest directly in this index.
Performance as of December 31, 2006
Average annual compound rates of total return* | Cumulative rates of total return* | ||||||||||||||
1 year | 5 years | 10 years | 5 years | 10 years | |||||||||||
Stock Index Account | 14.94 | % | 6.57 | % | 8.14 | % | 37.47 | % | 118.76 | % | |||||
Benchmark: | |||||||||||||||
Russell 3000 Index1 | 15.72 | 7.16 | 8.64 | 41.35 | 129.08 | ||||||||||
Peer group: | |||||||||||||||
Morningstar Large Blend (VA) | 12.79 | 4.70 | 6.14 | 25.83 | 81.48 |
* | The returns presented above and in the graphs 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 www.tiaa-cref.org. |
1 | Russell 3000 is a trademark and service mark of the Frank Russell Company. TIAA-CREF products are not promoted or sponsored by, or affiliated with, the Frank Russell Company. |
Account facts
Inception date | 11/1/1994 | |
Net assets (12/31/2006) | $996.04 million | |
Total annual expense ratio* | 0.67% |
* | The total annual expense ratio reflects a voluntary agreement by the account’s investment adviser to waive a portion of its fee. Without this waiver, the account’s total annual expense ratio would be 0.90%. Although TIAA reserves the right to increase the account’s mortality and expense risk charge to a maximum of 1.00% per year, the total annual expense ratio will never exceed 1.50%. |
Portfolio breakdown by company size
As of 12/31/2006 | Percent of portfolio investments | |
Over $5 billion | 83.03 | |
$1 billion–$5 billion | 13.54 | |
Under $1 billion | 3.43 | |
Total | 100.00 |
TIAA Separate Account VA-1 2006 Annual Report | 9
Stock Index Account | U.S. stocks
PERFORMANCE
$10,000 over 10 years
An investment of $10,000 in this account on January 1, 1997, would have grown to $21,876 as of December 31, 2006, including reinvestment of dividends and distributions. For the purpose of comparison, the graph also shows the change in the values of the account’s benchmark and peer group during the same period.
Calendar year total returns
Best quarter: 21.46%, for the quarter ended December 31, 1998
Worst quarter: –17.24%, for the quarter ended September 30, 2002
10 | 2006 Annual Report TIAA Separate Account VA-1
Stock Index Account | Summary portfolio of investments December 31, 2006 |
COMPANY | SHARES | VALUE (000) | % OF NET ASSETS | |||||||||
COMMON STOCKS | ||||||||||||
AGRICULTURAL PRODUCTION-CROPS | $ | 41 | 0.00 | %** | ||||||||
AGRICULTURAL PRODUCTION-LIVESTOCK | 116 | 0.01 | ||||||||||
AMUSEMENT AND RECREATION SERVICES | 2,169 | 0.22 | ||||||||||
APPAREL AND ACCESSORY STORES | 7,100 | 0.71 | ||||||||||
APPAREL AND OTHER TEXTILE PRODUCTS | 1,966 | 0.20 | ||||||||||
AUTO REPAIR, SERVICES AND PARKING | 613 | 0.06 | ||||||||||
AUTOMOTIVE DEALERS AND SERVICE STATIONS | 1,859 | 0.19 | ||||||||||
BUILDING MATERIALS AND GARDEN SUPPLIES | ||||||||||||
Home Depot, Inc | 134,244 | 5,391 | 0.54 | |||||||||
Other | 3,880 | 0.39 | ||||||||||
9,271 | 0.93 | |||||||||||
BUSINESS SERVICES | ||||||||||||
* | Google, Inc (Class A) | 13,264 | 6,108 | 0.61 | ||||||||
Microsoft Corp | 562,991 | 16,811 | 1.69 | |||||||||
* | Oracle Corp | 251,749 | 4,315 | 0.43 | ||||||||
Other | 42,692 | 4.29 | ||||||||||
69,926 | 7.02 | |||||||||||
CHEMICALS AND ALLIED PRODUCTS | ||||||||||||
Abbott Laboratories | 96,701 | 4,710 | 0.47 | |||||||||
* | Amgen, Inc | 74,759 | 5,107 | 0.51 | ||||||||
Merck & Co, Inc | 138,509 | 6,039 | 0.61 | |||||||||
Pfizer, Inc | 464,782 | 12,038 | 1.21 | |||||||||
Procter & Gamble Co | 208,192 | 13,380 | 1.34 | |||||||||
Wyeth | 85,265 | 4,342 | 0.44 | |||||||||
Other | 45,117 | 4.53 | ||||||||||
90,733 | 9.11 | |||||||||||
COAL MINING | 1,638 | 0.16 | ||||||||||
COMMUNICATIONS | ||||||||||||
AT&T, Inc | 246,550 | 8,814 | 0.89 | |||||||||
BellSouth Corp | 114,603 | 5,399 | 0.54 | |||||||||
* | Comcast Corp (Class A) | 123,496 | 5,228 | 0.52 | ||||||||
Verizon Communications, Inc | 186,377 | 6,941 | 0.70 | |||||||||
Other | 22,141 | 2.22 | ||||||||||
48,523 | 4.87 | |||||||||||
DEPOSITORY INSTITUTIONS | ||||||||||||
Bank of America Corp | 289,512 | 15,457 | 1.55 | |||||||||
Citigroup, Inc | 315,391 | 17,567 | 1.76 | |||||||||
JPMorgan Chase & Co | 220,315 | 10,641 | 1.07 | |||||||||
US Bancorp | 112,754 | 4,081 | 0.41 | |||||||||
Wachovia Corp | 119,613 | 6,812 | 0.69 | |||||||||
Wells Fargo & Co | 213,010 | 7,575 | 0.76 | |||||||||
Other | 39,035 | 3.92 | ||||||||||
101,168 | 10.16 | |||||||||||
EATING AND DRINKING PLACES | 9,619 | 0.97 | ||||||||||
SEE NOTES TO FINANCIAL STATEMENTS | TIAA Separate Account VA-1 2006 Annual Report | 11 |
Stock Index Account | Summary portfolio of investments December 31, 2006 | continued |
COMPANY | SHARES | VALUE (000) | % OF NET ASSETS | |||||||||
EDUCATIONAL SERVICES | $ | 1,144 | 0.11 | % | ||||||||
ELECTRIC, GAS, AND SANITARY SERVICES | 41,316 | 4.15 | ||||||||||
ELECTRONIC AND OTHER ELECTRIC EQUIPMENT | ||||||||||||
* | Apple Computer, Inc | 54,133 | 4,593 | 0.46 | ||||||||
* | Cisco Systems, Inc | 387,140 | 10,580 | 1.06 | ||||||||
Intel Corp | 368,736 | 7,467 | 0.75 | |||||||||
Qualcomm, Inc | 106,141 | 4,011 | 0.41 | |||||||||
Other | 33,678 | 3.38 | ||||||||||
60,329 | 6.06 | |||||||||||
ENGINEERING AND MANAGEMENT SERVICES | 7,789 | 0.78 | ||||||||||
ENVIRONMENTAL QUALITY AND HOUSING | 14 | 0.00 | ** | |||||||||
FABRICATED METAL PRODUCTS | 3,851 | 0.39 | ||||||||||
FOOD AND KINDRED PRODUCTS | ||||||||||||
Coca-Cola Co | 129,182 | 6,233 | 0.63 | |||||||||
PepsiCo, Inc | 104,737 | 6,551 | 0.66 | |||||||||
Other | 14,654 | 1.47 | ||||||||||
27,438 | 2.76 | |||||||||||
FOOD STORES | 2,331 | 0.23 | ||||||||||
FORESTRY | 1,293 | 0.13 | ||||||||||
FURNITURE AND FIXTURES | 3,030 | 0.30 | ||||||||||
FURNITURE AND HOME FURNISHINGS STORES | 1,898 | 0.19 | ||||||||||
GENERAL BUILDING CONTRACTORS | 3,622 | 0.36 | ||||||||||
GENERAL MERCHANDISE STORES | ||||||||||||
Wal-Mart Stores, Inc | 155,912 | 7,200 | 0.72 | |||||||||
Other | 9,465 | 0.95 | ||||||||||
16,665 | 1.67 | |||||||||||
HEALTH SERVICES | 14,610 | 1.47 | ||||||||||
HEAVY CONSTRUCTION, EXCEPT BUILDING | 151 | 0.02 | ||||||||||
HOLDING AND OTHER INVESTMENT OFFICES | ||||||||||||
iShares Russell 3000 Index Fund | 67,000 | 5,497 | 0.55 | |||||||||
Other | 26,729 | 2.69 | ||||||||||
32,226 | 3.24 | |||||||||||
HOTELS AND OTHER LODGING PLACES | 5,779 | 0.58 | ||||||||||
INDUSTRIAL MACHINERY AND EQUIPMENT | ||||||||||||
3M Co | 47,811 | 3,726 | 0.37 | |||||||||
* | Dell, Inc | 146,373 | 3,673 | 0.37 | ||||||||
d | General Electric Co | 660,489 | 24,577 | 2.47 | ||||||||
Hewlett-Packard Co | 177,675 | 7,318 | 0.73 | |||||||||
International Business Machines Corp | 98,350 | 9,555 | 0.96 | |||||||||
Other | 24,300 | 2.44 | ||||||||||
73,149 | 7.34 | |||||||||||
12 | 2006 Annual Report TIAA Separate Account VA-1 | SEE NOTES TO FINANCIAL STATEMENTS |
Stock Index Account | Summary portfolio of investments December 31, 2006 | continued |
COMPANY | SHARES | VALUE (000) | % OF NET ASSETS | |||||||||
INSTRUMENTS AND RELATED PRODUCTS | ||||||||||||
Johnson & Johnson | 187,793 | $ | 12,398 | 1.25 | % | |||||||
Medtronic, Inc | 76,525 | 4,095 | 0.41 | |||||||||
Other | 25,411 | 2.55 | ||||||||||
41,904 | 4.21 | |||||||||||
INSURANCE AGENTS, BROKERS AND SERVICE | 4,255 | 0.43 | ||||||||||
INSURANCE CARRIERS | ||||||||||||
American International Group, Inc | 139,711 | 10,012 | 1.01 | |||||||||
UnitedHealth Group, Inc | 85,342 | 4,585 | 0.46 | |||||||||
Other | 31,273 | 3.14 | ||||||||||
45,870 | 4.61 | |||||||||||
JUSTICE, PUBLIC ORDER AND SAFETY | 226 | 0.02 | ||||||||||
LEATHER AND LEATHER PRODUCTS | 1,429 | 0.14 | ||||||||||
LEGAL SERVICES | 111 | 0.01 | ||||||||||
LOCAL AND INTERURBAN PASSENGER TRANSIT | 158 | 0.02 | ||||||||||
LUMBER AND WOOD PRODUCTS | 328 | 0.03 | ||||||||||
METAL MINING | 3,971 | 0.40 | ||||||||||
MISCELLANEOUS MANUFACTURING INDUSTRIES | 2,208 | 0.22 | ||||||||||
MISCELLANEOUS RETAIL | 12,174 | 1.22 | ||||||||||
MOTION PICTURES | ||||||||||||
Time Warner, Inc | 252,540 | 5,500 | 0.55 | |||||||||
Walt Disney Co | 132,119 | 4,528 | 0.46 | |||||||||
Other | 5,410 | 0.54 | ||||||||||
15,438 | 1.55 | |||||||||||
NONDEPOSITORY INSTITUTIONS | ||||||||||||
American Express Co | 68,585 | 4,161 | 0.41 | |||||||||
Fannie Mae | 61,742 | 3,667 | 0.37 | |||||||||
Other | 10,338 | 1.04 | ||||||||||
18,166 | 1.82 | |||||||||||
NONMETALLIC MINERALS, EXCEPT FUELS | 817 | 0.08 | ||||||||||
OIL AND GAS EXTRACTION | 16,907 | 1.70 | ||||||||||
PAPER AND ALLIED PRODUCTS | 5,086 | 0.51 | ||||||||||
PERSONAL SERVICES | 1,517 | 0.15 | ||||||||||
PETROLEUM AND COAL PRODUCTS | ||||||||||||
Chevron Corp | 140,597 | 10,338 | 1.04 | |||||||||
ConocoPhillips | 104,611 | 7,527 | 0.76 | |||||||||
Exxon Mobil Corp | 384,161 | 29,438 | 2.95 | |||||||||
Other | 15,135 | 1.52 | ||||||||||
62,438 | 6.27 | |||||||||||
PRIMARY METAL INDUSTRIES | 8,828 | 0.89 | ||||||||||
PRINTING AND PUBLISHING | 6,260 | 0.63 | ||||||||||
RAILROAD TRANSPORTATION | 5,897 | 0.59 | ||||||||||
REAL ESTATE | 1,216 | 0.12 | ||||||||||
SEE NOTES TO FINANCIAL STATEMENTS | TIAA Separate Account VA-1 2006 Annual Report | 13 |
Stock Index Account | Summary portfolio of investments December 31, 2006 | continued |
COMPANY | SHARES | VALUE (000) | % OF NET ASSETS | ||||||||||
RUBBER AND MISCELLANEOUS PLASTIC PRODUCTS | $ | 1,700 | 0.17 | % | |||||||||
SECURITY AND COMMODITY BROKERS | |||||||||||||
Goldman Sachs Group, Inc | 24,193 | 4,823 | 0.48 | ||||||||||
Merrill Lynch & Co, Inc | 58,397 | 5,437 | 0.55 | ||||||||||
Morgan Stanley | 67,853 | 5,525 | 0.56 | ||||||||||
Other | 15,855 | 1.59 | |||||||||||
31,640 | 3.18 | ||||||||||||
SOCIAL SERVICES | 123 | 0.01 | |||||||||||
SPECIAL TRADE CONTRACTORS | 490 | 0.05 | |||||||||||
STONE, CLAY, AND GLASS PRODUCTS | 926 | 0.09 | |||||||||||
TEXTILE MILL PRODUCTS | 52 | 0.01 | |||||||||||
TOBACCO PRODUCTS | |||||||||||||
Altria Group, Inc | 132,424 | 11,365 | 1.14 | ||||||||||
Other | 1,798 | 0.18 | |||||||||||
13,163 | 1.32 | ||||||||||||
TRANSPORTATION BY AIR | 4,770 | 0.48 | |||||||||||
TRANSPORTATION EQUIPMENT | |||||||||||||
Boeing Co | 50,645 | 4,499 | 0.45 | ||||||||||
United Technologies Corp | 64,067 | 4,005 | 0.40 | ||||||||||
Other | 16,897 | 1.70 | |||||||||||
25,401 | 2.55 | ||||||||||||
TRANSPORTATION SERVICES | 1,861 | 0.19 | |||||||||||
TRUCKING AND WAREHOUSING | 4,088 | 0.41 | |||||||||||
WATER TRANSPORTATION | 598 | 0.06 | |||||||||||
WHOLESALE TRADE-DURABLE GOODS | 3,687 | 0.37 | |||||||||||
WHOLESALE TRADE-NONDURABLE GOODS | 8,173 | 0.82 | |||||||||||
TOTAL COMMON STOCKS | (Cost $660,673) | 993,253 | 99.72 | ||||||||||
WARRANTS | |||||||||||||
COMMUNICATIONS | 0 | ^ | 0.00 | ** | |||||||||
TOTAL WARRANTS | (Cost $0) | 0 | ^ | 0.00 | ** | ||||||||
14 | 2006 Annual Report TIAA Separate Account VA-1 | SEE NOTES TO FINANCIAL STATEMENTS |
Stock Index Account | Summary portfolio of investments December 31, 2006 | concluded |
COMPANY | SHARES | VALUE (000) | % OF NET ASSETS | ||||||||||
SHORT-TERM INVESTMENTS | |||||||||||||
† | U.S. GOVERNMENT AND AGENCIES DISCOUNT AND COUPON NOTES | $ | 1,395 | 0.14 | % | ||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | |||||||||||||
v | State Street Navigator Securities Lending Prime Portfolio | 60,398,852 | 60,399 | 6.06 | |||||||||
60,399 | 6.06 | ||||||||||||
TOTAL SHORT-TERM INVESTMENTS | (Cost $61,794) | 61,794 | 6.20 | ||||||||||
TOTAL PORTFOLIO | (Cost $722,467) | 1,055,047 | 105.92 | ||||||||||
OTHER ASSETS & LIABILITIES, NET | (59,003 | ) | (5.92 | ) | |||||||||
NET ASSETS | $ | 996,044 | 100.00 | % | |||||||||
* | Non-income producing. |
** | Percentage represents less than 0.01%. |
^ | Amount represents less than $1,000. |
† | Notes have a rate of 4.800%–5.128% and mature 01/02/07–02/21/07. |
d | All or a portion of these securities have been segregated by the Custodian to cover margin or other requirements on open futures contracts. |
v | Security valued at fair value. |
Cost amounts are in thousands.
For ease of presentation, we have grouped a number of industry classification categories together in the Summary portfolio of investments. Note that the Accounts use more specific industry categories in following their investment limitations on industry concentration.
SEE NOTES TO FINANCIAL STATEMENTS | TIAA Separate Account VA-1 2006 Annual Report | 15 |
Statement of assets and liabilities | TIAA Separate Account VA-1 December 31, 2006 |
(amounts in thousands, except amounts per accumulation unit) | Stock Index Account | ||
ASSETS | |||
Investments, at cost | $ | 722,467 | |
Net unrealized appreciation of investments | 332,580 | ||
Investments, at value (including securities loaned of $58,513) | 1,055,047 | ||
Cash | 106 | ||
Dividends and interest receivable | 1,286 | ||
Receivable from securities sold | 1,936 | ||
Amounts due from TIAA/TIAA-CREF Life and related entities | 80 | ||
Other | 14 | ||
Total assets | 1,058,469 | ||
LIABILITIES | |||
Payable for collateral for securities on loan—Note 1 | 60,399 | ||
Payable for securities purchased | 2,014 | ||
Amount due to investment advisor | 5 | ||
Payable for variation margin on open futures contracts | 7 | ||
Total liabilities | 62,425 | ||
NET ASSETS | |||
Accumulation Fund | $ | 996,044 | |
Accumulation units outstanding—Notes 4 and 5 | 10,882 | ||
Net asset value per accumulation unit—Note 4 | $91.49 | ||
16 | 2006 Annual Report TIAA Separate Account VA-1 | SEE NOTES TO FINANCIAL STATEMENTS |
Statement of operations | TIAA Separate Account VA-1 December 31, 2006 |
(amounts in thousands) | Stock Index Account | |||
INVESTMENT INCOME | ||||
Income: | ||||
Securities lending income, net | $ | 89 | ||
Dividends | 16,936 | |||
Foreign taxes withheld | (1 | ) | ||
Total income | 17,024 | |||
EXPENSES—Note 2: | ||||
Investment Advisory charges | 2,830 | |||
Administrative expenses | 1,913 | |||
Mortality and expense risk charges | 3,773 | |||
Total expenses before waiver | 8,516 | |||
Investment advisory charges waived | (2,175 | ) | ||
Net expenses | 6,341 | |||
Investment income—net | 10,683 | |||
REALIZED AND UNREALIZED GAIN (LOSS) ON TOTAL INVESTMENTS—Note 3 | ||||
Net realized gain (loss) on: | ||||
Portfolio investments | 18,362 | |||
Futures transactions | (1 | ) | ||
Net realized gain on total investments | 18,361 | |||
Net change in unrealized appreciation on: | ||||
Portfolio investments | 103,025 | |||
Futures transactions | 4 | |||
Net change in unrealized appreciation on total investments | 103,029 | |||
Net realized and unrealized gain on total investments | 121,390 | |||
Net increase in net assets resulting from operations | $132,073 | |||
SEE NOTES TO FINANCIAL STATEMENTS | TIAA Separate Account VA-1 2006 Annual Report | 17 |
Statement of changes in net assets | TIAA Separate Account VA-1 |
Stock Index Account | ||||||||
Years Ended December 31, | ||||||||
(amounts in thousands) | 2006 | 2005 | ||||||
FROM OPERATIONS | ||||||||
Investment income-net | $ | 10,683 | $ | 10,066 | ||||
Net realized gain on investments | 18,361 | 10,192 | ||||||
Net change in unrealized appreciation on investments | 103,029 | 27,374 | ||||||
Net increase in net assets resulting from operations | 132,073 | 47,632 | ||||||
FROM CONTRACTOWNER TRANSACTIONS | ||||||||
Premiums | 19,322 | 26,572 | ||||||
Net contractowner transfers from (to) fixed account | (20,047 | ) | (18,712 | ) | ||||
Withdrawals and death benefits | (58,505 | ) | (47,769 | ) | ||||
Net increase (decrease) in net assets resulting from contractowner transactions | (59,230 | ) | (39,909 | ) | ||||
Net increase in net assets | 72,843 | 7,723 | ||||||
NET ASSETS | ||||||||
Beginning of year | 923,201 | 915,478 | ||||||
End of year | $ | 996,044 | $ | 923,201 | ||||
18 | 2006 Annual Report TIAA Separate Account VA-1 | SEE NOTES TO FINANCIAL STATEMENTS |
Notes to financial statements | TIAA Separate Account VA-1 Stock Index Account |
Note 1—significant accounting policies
TIAA Separate Account VA-1 (“VA-1”) is a segregated investment account of Teachers Insurance and Annuity Association of America (“TIAA”) and was organized on February 16, 1994, under the insurance laws of the State of New York for the purpose of issuing and funding individual variable annuity contracts. VA-1 is registered with the Securities and Exchange Commission as an open-end management investment company under the Investment Company Act of 1940. VA-1 consists of a single investment portfolio, the Stock Index Account (“Account”), which invests in a diversified portfolio of equity securities selected to track the overall United States stock market. The accompanying financial statements were prepared in accordance with U.S. generally accepted accounting principles, which may require the use of estimates made by management. Actual results may differ from those estimates. The following is a summary of the significant accounting policies consistently followed by the Account.
Valuation of investments: 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. Debt securities will generally be valued using prices provided by a pricing service, which 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). Money market instruments with maturities of 60 days or less are valued on an amortized cost basis or at market value if market value is materially different from amortized cost. Portfolio securities for which market quotations are not readily available are valued at fair value as determined in good faith under the direction of and in accordance with the responsibilities of the Management Committee. Portfolio securities may also be valued at fair value as determined in good faith under the direction of the Management Committee if events materially affecting their value occur between the time their price is determined and the time the Account’s net asset value is calculated. The fair value of securities may be determined with the assistance of a pricing service, which attempts to calculate a fair value for securities based on numerous factors including correlations of a security’s price with securities’ indices and other appropriate indicators, such as American Depositary Receipts and futures contracts. Other factors may also be considered in determining fair value, such as fundamental analytical data, market and trading trends, and public trading of similar securities of the issuer or comparable issuers. Trading in securities on most foreign exchanges and over the counter markets is normally completed before the close of the domestic stock market and may also take place on days when the domestic market is closed. If events materially affecting the value of foreign securities occur between the time when the exchange on which they are traded closes and the time when the Account’s net assets are calculated, such securities may be valued at fair value in accordance with procedures adopted by the Management Committee.
TIAA Separate Account VA-1 2006 Annual Report | 19 |
Notes to financial statements | continued |
Accounting for investments and investment income: Security transactions are accounted for as of the trade date. Interest income is recorded as earned and includes amortization of discounts and premiums. Dividend income is recorded on the ex-dividend date or, for certain foreign securities, as soon thereafter as the Account is informed of the ex-dividend date. Realized gains and losses on security transactions are calculated on the identified cost basis.
Accounting for real estate investment trusts: The Account may own shares of Real Estate Investment Trusts (“REITs”). REITs report information on the source of their distributions once per year, in January. Such distributions may include one or more of the following components: ordinary income, long-term capital gains or a return of capital. The Account has estimated what the components of these REITs distributions are and has reflected these amounts accordingly in the financial statements.
Securities lending: The Account may lend portfolio securities to qualified institutions and brokers. By lending investment securities, the Account attempts to increase its net investment income through the receipt of interest (after rebates and fees) on collateral. The loans are secured by collateral at least equal to 102% of the market value of the securities loaned for United States securities and 105% of the market value of securities loaned for foreign securities. The Account continues to receive income on the securities loaned and receive additional income from the lending transaction. The Account has the right under the lending agreement to recover the securities from the borrower on demand. The cash collateral is invested in accordance with the investment guidelines contained in the securities lending agreement. Additionally, any change in the market value of the securities loaned is recognized by the Account. Although each transaction is collateralized, the Account would bear the risk of delay in recovery of, or loss of rights in, the securities loaned should a borrower fail to return the securities in a timely manner.
On July 27, 2006, the TIAA Separate Account VA-1 entered into a four year agreement with State Street Bank and Trust Company to engage in securities lending transactions. Under the terms of the agreement, the Account may lend portfolio securities to qualified borrowers consisting of financial institutions and brokers. By lending such securities, the Account will attempt to increase its net investment income through the receipt of interest on collateral (after rebates and fees). The loans will be secured by collateral equal to at least 102% of the market value of the securities loaned for U.S. securities and 105% of the market value of the securities loaned for foreign securities. All cash collateral is invested in the State Street Bank Navigator Securities Lending Prime Portfolio.
Futures contracts: The Account may use futures contracts to manage exposure to the equity markets or for cash management purposes to remain highly invested in the equity 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
20 | 2006 Annual Report TIAA Separate Account VA-1 |
Notes to financial statements | continued |
or hedge other investments. Initial margin deposits are made upon entering into a futures contract and variation margin payments are made or received reflecting changes in the value of the futures contracts. Futures contracts are valued at the last sale price as of the close of the board of trade or exchange on which they are traded. 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.
Risks of investments in futures contracts include the possible adverse movement of the securities or indices underlying the contracts, the possibility that there may not be a liquid secondary market for the contracts, that a change in the value of the contract may not correlate with a change in the value of the underlying securities, or that the counterparty to a contract may default on its obligation to perform.
Federal income taxes: VA-1 is taxed as a life insurance company under Subchapter L of the Internal Revenue Code. VA-1 should incur no material federal income tax liability.
Investment transactions with affiliates: The Account may purchase or sell investment securities in transactions with affiliated entities under procedures adopted by the Management Committee, pursuant to the Investment Company Act of 1940. These transactions are effected at market rates without incurring broker commissions.
Indemnification: In the normal course of business, the Account enters into contracts that contain a variety of representations and warranties and that provide general indemnities. The 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 Account’s organizational documents, the Managers and Officers of the TIAA Separate Account VA-1 are indemnified against certain liabilities that may arise out of their duties to the TIAA Separate Account VA-1. However, based on experience, the Account expects the risk of loss due to these warranties and indemnities to be minimal.
Note 2—management agreements
Teachers Advisors, Inc. (“Advisors”), a wholly owned subsidiary of TIAA and a registered investment adviser, provides investment advisory services for VA-1 pursuant to an Investment Management Agreement among TIAA, Advisors and VA-1. TIAA provides all administrative services for VA-1 pursuant to an Administrative Services Agreement with VA-1. The contracts are distributed primarily by Teachers Personal Investors Services, Inc. (“TPIS”), also a wholly owned subsidiary of TIAA, which is a registered broker-dealer and a member of the National Association of Securities Dealers, Inc. The Investment Management Agreement sets the investment advisory charge at an annual rate of 0.30% of the net assets of the Account. Advisors has agreed to waive a portion of such fee, so that the daily
TIAA Separate Account VA-1 2006 Annual Report | 21 |
deduction is equivalent to an annual charge of 0.07% of the net assets of the Account. The Administrative Services Agreement sets the administrative expense charge at an annual rate of 0.20% of the net assets of the Account. TIAA also imposes a daily charge for bearing certain mortality and expense risks in connection with the contracts, equivalent to an annual rate of 0.40% of the net assets of the Account (prior to July 1, 2003, this daily charge was 0.10%). Although TIAA reserves the right to increase the account’s mortality and expense risk charge to a maximum of 1.00% per year, the total expense ratio will never exceed 1.50%.
Note 3—investments
At December 31, 2006, the market value of securities loaned and collateral received in connection therewith was comprised as follows:
Market value of securities loaned | $ | 58,512,620 | |
Cash collateral | $ | 60,398,852 |
At December 31, 2006, the net unrealized appreciation on investments was $332,580,228, consisting of gross unrealized appreciation of $392,286,480 and gross unrealized depreciation of $59,706,252.
Purchases and sales of securities, other than short-term money market instruments, for the year ended December 31, 2006, were $65,722,409 and $115,881,661, respectively.
At December 31, 2006, the Account held open futures contracts as follows:
Number of Open Contracts | Market Value | Expiration Date | Unrealized Appreciation (Depreciation) | ||||||||
E-mini Russell 2000 Index | 3 | $ | 238,470 | March 2007 | $ | (2,227 | ) | ||||
E-mini S&P 500 Index | 12 | 857,040 | March 2007 | 2,713 | |||||||
E-mini S&P Mid 400 Index | 2 | 162,260 | March 2007 | (3,194 | ) | ||||||
$ | (2,708 | ) | |||||||||
22 | 2006 Annual Report TIAA Separate Account VA-1 |
Notes to financial statements | continued |
Notes to financial statements | continued |
Note 4—financial information
Selected financial information for an Accumulation Unit of the Account is presented below.
Years Ended December 31, | ||||||||||||||||||||
2006 | 2005 | 2004 | 2003 | 2002 | ||||||||||||||||
Per Accumulation Unit Data:* | ||||||||||||||||||||
Investment income | $ | 1.568 | $ | 1.378 | $ | 1.359 | $ | 1.041 | $ | 0.965 | ||||||||||
Expenses | 0.584 | 0.519 | 0.468 | 0.310 | 0.218 | |||||||||||||||
Investment income—net | 0.984 | 0.859 | 0.891 | 0.731 | 0.747 | |||||||||||||||
Net realized and unrealized gain (loss) on investments | 10.909 | 3.222 | 6.727 | 15.066 | (15.200 | ) | ||||||||||||||
Net increase (decrease) in | 11.893 | 4.081 | 7.618 | 15.797 | (14.453 | ) | ||||||||||||||
Accumulation Unit Value: | ||||||||||||||||||||
Beginning of year | 79.599 | 75.518 | 67.900 | 52.103 | 66.556 | |||||||||||||||
End of year | $ | 91.492 | $ | 79.599 | $ | 75.518 | $ | 67.900 | $ | 52.103 | ||||||||||
TOTAL RETURN* | 14.94 | % | 5.40 | % | 11.22 | % | 30.32 | % | (21.72 | %) | ||||||||||
Ratio of expense to average net | 0.90 | % | 0.90 | % | 0.90 | % | 0.76 | % | 0.60 | % | ||||||||||
Ratio of expense to average net | 0.67 | % | 0.67 | % | 0.67 | % | 0.53 | % | 0.37 | % | ||||||||||
Ratio of net investment income to | 1.13 | % | 1.12 | % | 1.28 | % | 1.26 | % | 1.27 | % | ||||||||||
Portfolio turnover rate | 6.95 | % | 6.37 | % | 4.90 | % | 4.14 | % | 5.33 | % | ||||||||||
Accumulation Units outstanding at | 10,882 | 11,598 | 12,123 | 12,176 | 11,801 | |||||||||||||||
Net assets at end of year | $ | 996,044 | $ | 923,201 | $ | 915,478 | $ | 826,747 | $ | 614,853 | ||||||||||
* | Based on per accumulation unit data. |
Note 5—accumulation units
Changes in the number of Accumulation Units outstanding were as follows:
Years Ended December 31, | ||||||
2006 | 2005 | |||||
Accumulation Units: | ||||||
Credited for premiums | 222,075 | 347,776 | ||||
Cancelled for transfers and disbursements | (938,409 | ) | (873,162 | ) | ||
Outstanding: | ||||||
Beginning of year | 11,598,107 | 12,123,493 | ||||
End of year | 10,881,773 | 11,598,107 | ||||
TIAA Separate Account VA-1 2006 Annual Report | 23 |
Notes to financial statements | concluded |
Note 6—line of credit
The Account participates in a $1.5 billion unsecured revolving credit facility to be used for temporary purposes, including the funding of contract owner withdrawals. Certain affiliated accounts and mutual funds, each of which is managed by Advisors, or an affiliate of Advisors, also participate in this facility. An annual commitment fee for the credit facility is borne by Advisors. Interest associated with any borrowing under the facility by the Account is charged to the borrowing account at rates that are based on the Federal Funds Rate in effect during the time of the borrowing. The Account is not liable for borrowings under the facility by affiliated accounts or mutual funds. During the year ended December 31, 2006, the Account did not borrow under this facility.
Note 7—new accounting pronouncements
In July 2006, the Financial Accounting Standards Board (FASB) issued Interpretation No. 48, “Accounting for Uncertainty in Income Taxes—an Interpretation of FASB Statement No. 109” (“FIN 48”). FIN 48 establishes for all entities, including pass-through entities such as VA-1, a minimum threshold for financial statement recognition of the benefit of positions taken in filing tax returns (including what jurisdiction the entity may be taxable in), and requires certain expanded tax disclosures. FIN 48 is effective for fiscal years beginning after December 15, 2006, and is to be applied to all open tax years as of the date of effectiveness. Management continues to evaluate the application of the interpretation to the Account, and is not in a position at this time to estimate the significance of its impact, if any, on the Account’s financial statements.
In September 2006, FASB issued Statement of Accounting Standards No. 157, “Fair Value Measurement” (“SFAS 157”). This new standard applies to all entities that follow US GAAP and their valuation techniques for assets and liabilities. SFAS defines fair value, establishes a framework for measuring fair value under generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. SFAS is effective for financial statements issued for fiscal years beginning after November 15, 2007. Management is currently evaluating the impact the adoption of SFAS 157 will have on the Accounts’ financial statements.
24 | 2006 Annual Report TIAA Separate Account VA-1 |
Report of independent registered public accounting firm
To the Management Committee and Contractowners of
TIAA Separate Account VA-1:
In our opinion, the accompanying statement of assets and liabilities, including the summary portfolio of investments, and the related statements of operations and of changes in net assets present fairly, in all material respects, the financial position of the Stock Index Account of TIAA Separate Account VA-1 (hereafter referred to as “VA-1”) at December 31, 2006, the results of its operations for the year then ended, and the changes in its net assets for each of the two years in the period then ended, in conformity with accounting principles generally accepted in the United States of America. These financial statements are the responsibility of VA-1’s 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, 2006 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion.
PricewaterhouseCoopers LLP
New York, New York
March 1, 2007
TIAA Separate Account VA-1 2006 Annual Report | 25 |
Management | Members and officers of the TIAA Separate Account VA-1 (unaudited) |
Below are the Current TIAA Separate Account VA-1 Management Committee members and officers:
DISINTERESTED TRUSTEES
Name, address and age | Position(s) held with account | Term of office and length of time served | Principal occupation(s) during past 5 years | Number of portfolios in fund complex overseen by member | Other directorships held by member | |||||
Forrest Berkley c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 Date of Birth (“DOB”): 4/25/54 | Member | Indefinite term. Member since 2006. | Retired. 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). | 66 | Director and member of the Investment Committee, the Maine Coast Heritage Trusts and the Boston Athaneum; Investment Committee member, Gulf of Maine Research Institute, Maine Community Foundation and Carnegie Endowment for International Peace. | |||||
Eugene Flood, Jr. c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 10/31/55 | Member | Indefinite term. Member since 2005. | President, and Chief Executive Officer (since 2000) and a Director (since 1994) of Smith Breeden Associates, Inc. (investment advisor). | 66 | None | |||||
Howell E. Jackson c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 1/4/54 | Member | Indefinite term. Member since 2005. | James S. Reid, Jr. Professor of Law (since 2004) and Vice Dean for Budget (since 2003) and on the faculty (since 1989) of Harvard Law School. | 66 | None |
26 | 2006 Annual Report TIAA Separate Account VA-1 |
Nancy L. Jacob c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 1/15/43 | Chairman of the Management Committee, Member | Indefinite term. Member since 2001. | President and Founder (since October 2006) of NLJ Advisors, Inc. (investment advisor). Formerly, President and Managing Principal, Windermere Investment Associates (1997–June 2006), Chairman and Chief Executive Officer, CTC Consulting, Inc. (1994–1997) and Executive Vice President, U.S. Trust Company of the Pacific Northwest (1993–1997). | 66 | Director and Chairman of the Okabena Company (financial services). | |||||
Bridget A. Macaskill c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 8/5/48 | Member | Indefinite term. Member since 2003. | Independent Consultant for Merrill Lynch (since 2003). Formerly, Chairman, Oppenheimer Funds, Inc. (2000–2001). Chief Executive Officer (1995–2001); President (1991–2000); and Chief Operating Officer (1989–1995) of that firm. | 66 | Director, J Sainsbury plc (food retailer), Prudential plc, International Advisory Board, British-American Business Council and Federal National Mortgage Association (Fannie Mae). | |||||
James M. Poterba c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 7/13/58 | Member | Indefinite term. Member since 2006. | Head (since 2006) and Associate Head (1994–2000 and 2001–2006) Economics Department, Massachusetts Institute of Technology (MIT), Mitsui Professor of Economics, MIT (1996–present). Program Director, National Bureau of Economic Research (1990–present). | 66 | The Jeffrey Company (unregistered investment company) | |||||
Maceo K. Sloan c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 10/18/49 | Member | Indefinite term. Member since 2001. | Chairman, President and Chief Executive Officer, Sloan Financial Group, Inc. (since 1991); Chairman, CEO and CIO, NCM Capital Management Group, Inc. (since 1991); and Chairman and CEO, NCM Capital Advisers Inc. (since 2003). | 66 | Director, SCANA Corporation (energy holding company) and M&F Bancorp, Inc. |
TIAA Separate Account VA-1 2006 Annual Report | 27 |
Management | Members and officers of the TIAA Separate Account VA-1 (unaudited) | continued |
DISINTERESTED TRUSTEES—continued
Name, address and age | Position(s) held with account | Term of office and length of time served | Principal occupation(s) during past 5 years | Number of portfolios in fund complex overseen by member | Other directorships held by member | |||||
Laura T. Starks c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 2/17/50 | Member | Indefinite term. Member since 2006. | Chairman, Department of Finance, the Charles E. and Sarah M. Seay Regents Chair in Finance (since 2002–present), and Director, AIM Investment Center, McCombs School of Business, University of Texas at Austin (2000–present); Professor, University of Texas at Austin (1987–present); Fellow, Financial Management Association (2002–present). Associate Dean for Research (2001–2002), Associate Director of Research, the Center for International Business Education and Research, University of Texas at Austin (2002–2003) and Director of the Bureau of Business Research, University of Texas at Austin (2001–2002). | 66 | None |
28 | 2006 Annual Report TIAA Separate Account VA-1 |
OFFICERS
Name, address and age | Position(s) held with account | Term of office and length of time served | Principal occupation(s) during past 5 years | |||
Herbert M. Allison, Jr. TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 8/2/43 | President and Chief Executive Officer | One-year term. President and Chief Executive Officer since 2002. | Chairman, President and Chief Executive Officer of TIAA and President and Chief Executive Officer of CREF and TIAA Separate Account VA-1 (since 2002). Formerly, President and Chief Executive Officer of TIAA-CREF Mutual Funds, TIAA-CREF Institutional Mutual Funds and TIAA-CREF Life Funds (2002- 2/2007). President and Chief Executive Officer of Alliance for 8 Lifelong Learning, Inc. (2000-2002), President, Chief Operating Officer and Member of the Board of Directors of Merrill Lynch & Co., Inc. (1997-1999). | |||
Gary Chinery TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 11/28/49 | Vice President and Treasurer | One-year term. Vice President and Treasurer since 2004. | Vice President and Treasurer of TIAA, CREF and TIAA Separate Account VA-1 (since 2004), Vice President (since 2004) and Treasurer (2004-2/2007) of TIAA-CREF Mutual Funds, TIAA-CREF Institutional Mutual Funds and TIAA-CREF Life Funds (these investment companies, along with CREF and TIAA Separate Account VA-1, are collectively referred to as the “TIAA-CREF Funds Complex”). Formerly, Second Vice President and Associate Treasurer (1998-2003) of Teachers Advisors, Inc. (“Advisors”), TIAA-CREF Investment Management, LLC (“Investment Management”), TIAA-CREF Individual Institutional Services, LLC (“Services”), Teachers Personal Investors Services, Inc. (“TPIS”), TIAA-CREF Tuition Financing, Inc. (“Tuition Financing”), TIAA-CREF Life Insurance Company (“TIAA-CREF Life”) and TCT Holdings, Inc. | |||
Scott C. Evans TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 5/11/59 | Executive Vice President | One-year term. Executive Vice President since 1997. | Principal Executive Officer and President of TIAA-CREF Mutual Funds, TIAA-CREF Institutional Mutual Funds and TIAA-CREF Life Funds (since 2/2007); Executive Vice President (since 1999) of TIAA, CREF and TIAA Separate Account VA-1, and Head of Asset Management (since 2006). Executive Vice President of the TIAA-CREF Funds Complex (2006-2/2007), Director of TPIS and Advisors, President and Chief Executive Officer of Investment Management and Advisors, and Manager of Investment Management. Formerly, Manager of TIAA Realty Capital Management, LLC (2004-2006), Chief Investment Officer of TIAA (2004-2006) and the TIAA-CREF Funds Complex (2003-2005) and Executive Vice President of CREF Investments (since 1997). | |||
I. Steven Goldstein TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 9/24/52 | Executive Vice President | One-year term. Executive Vice President since 2003. | Executive Vice President, Public Affairs, of TIAA and the TIAA-CREF Funds Complex (since 2003). Director of TIAA-CREF Life (2003-2006). Formerly, Advisor for McKinsey & Company (2003); Vice President, Corporate Communications for Dow Jones & Co. and The Wall Street Journal (2001–2002); and Senior Vice and Chief Communications Officer for Insurance Information Institute (1993–2001). | |||
E. Laverne Jones TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 3/7/49 | Vice President and Corporate Secretary | One-year term. Vice President and Corporate Secretary since 1999. | Vice President and Corporate Secretary of TIAA and the TIAA-CREF Funds Complex (since 1999). |
TIAA Separate Account VA-1 2006 Annual Report | 29 |
Management | Members and officers of the TIAA Separate Account VA-1 (unaudited) | concluded |
OFFICERS—continued
Name, address and age | Position(s) held with account | Term of office and length of time served | Principal occupation(s) during past 5 years | |||
Susan S. Kozik TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 8/20/57 | Executive Vice President | One-year term. Executive Vice President since 2003. | Executive Vice President and Chief Technology Officer of TIAA and the TIAA-CREF Funds Complex (since 2003). Formerly, Vice President of IT Operations and Services, Lucent Technologies (2000–2003; and Senior Vice President and Chief Technology Officer, Penn Mutual Life Insurance Company (1997–2000). | |||
George W. Madison TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 10/17/53 | Executive Vice President and General Counsel | One-year term. Executive Vice President and General Counsel since 2003. | Executive Vice President and General Counsel of TIAA and the TIAA-CREF Funds Complex (since 2003). Formerly, Executive Vice President, Corporate Secretary, and General Counsel of Comerica Incorporated (1997–2003). | |||
Erwin W. Martens TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 3/18/56 | Executive Vice President | One-year term. Executive Vice President since 2003. | Executive Vice President, Risk Management, of TIAA and the TIAA-CREF Funds Complex (since 2003). Director of Advisors, TPIS, and Manager of Investment Management. Formerly, Managing Director and Chief Risk Officer, Putnam Investments (1999–2003); and Head and Deputy Head of Global Market Risk Management (1997–1999). | |||
Frances Nolan TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 8/4/57 | Executive Vice President | One-year term. Executive Vice President since 2001. | Executive Vice President, Individual Client Services, of TIAA and the TIAA-CREF Funds Complex (since 2006). President, Chief Executive Officer and Manager of Services. Formerly, Executive Vice President, Client Services, of TIAA and the TIAA-CILEF Fund Complex (2003–2005); Director of TPIS, Tuition Financing and TIAA-CREF Life. Formerly, Executive Vice President, Retirement Services, CREF and TIAA, (2000–2003); Vice President, Eastern Division (1994–2000). | |||
Dermot J. O’Brien TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 3/13/66 | Executive Vice President | One-year term. Executive Vice President since 2003. | Executive Vice President, Human Resources, of TIAA and the TIAA-CREF Fund Complex (since 2003). Director, TIAA-CREF Life. Formerly, First Vice President and Head of Human Resources, International Private Client Division, Merrill Lynch & Co. (1999–2003); and Vice President and Head of Human Resources, Japan Morgan Stanley (1998–1999). |
30 | 2006 Annual Report TIAA Separate Account VA-1 |
Eric C. Oppenheim TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 7/31/48 | Vice President and Acting Chief Compliance Officer | One-year term. Vice President and Acting Chief Compliance Officer since 2005. | Vice President and Acting Chief Compliance Officer of the TIAA-CREF Fund Complex, and Services (since 2005). Vice President, Compliance Officer of Investment Management and Advisors, Tuition Financing and Chief Compliance Officer, Advisors and Services (2005–2006); Vice President and Compliance Officer of TIAA (2004–2005); First Vice President and Manager of Compliance and Centralized Trust Functions, Private Banking Division Comerica Incorporated (2001–2004), Manager of Compliance and Regulatory Affairs, Investment Banking Division, Comerica Incorporated (1993–2001). | |||
Georganne C. Proctor TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 10/25/56 | Executive Vice President and Chief Financial Officer | One-year term. Executive Vice President and Chief Financial Officer since 2006. | Executive Vice President and Chief Financial Officer of TIAA, CREF and TIAA Separate Account VA-1 (since 2006). Manager and Executive Vice President of Investment Management, Director and Vice President of TPIS and Advisors (since 2006). Formerly Executive Vice President and Chief Financial Officer of Life Funds, TIAA-CREF Mutual Funds and TIAA-CREF Institutional Mutual Funds (2006–2/2007); Executive Vice President, Finance, Golden West Financial Corporation (2002-2006) and Senior Vice President, Chief Financial Officer and Director, Bechtel Group, Inc. (1999-2002). | |||
Bertram L. Scott TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 3/26/51 | Executive Vice President | One-year term. Executive Vice President since 2001. | Executive Vice President, Strategy Implementation and Policy of TIAA and the TIAA-CREF Fund Complex (since 2006). Director and President of TIAA-CREF Enterprises, Inc. Formerly, Executive Vice President, Product Management of TIAA and TIAA-CREF Fund Complex (2000–2005); President and Chief Executive Officer, Horizon Mercy (1996–2000). | |||
Edward D. Van Dolsen TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 4/21/58 | Executive Vice President | One-year term. Executive Vice President since January 2006. | Executive Vice President, Institutional Client Services (since January 2006). Director of Tuition Financing and Manager of Services. Formerly Senior Vice President, Pension Products (2003–2006), Vice President, Support Services (1998–2003), of TIAA and the TIAA-CREF Fund Complex. |
The Account’s Statement of Additional Information (SAI) includes additional information about the Accounts’ members and is available, without charge, upon request, by calling 800 223-1200.
TIAA Separate Account VA-1 2006 Annual Report | 31 |
HOW TO REACH US
TIAA-CREF WEBSITE
Account performance, personal account information and transactions, product descriptions, and information about investment choices and income options
www.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
TELEPHONE COUNSELING CENTER
Retirement saving and planning, income options and payments, and tax reporting
800 842-2776
8 a.m. to 10 p.m. ET, Monday–Friday
9 a.m. to 6 p.m. ET, Saturday
PLANNING AND SERVICE CENTER
TIAA-CREF Mutual Funds, after-tax annuities and life insurance
800 223-1200
8 a.m. to 10 p.m. ET, Monday–Friday
FOR HEARING- OR SPEECH-IMPAIRED PARTICIPANTS
800 842-2755
8 a.m. to 10 p.m. ET, Monday–Friday
9 a.m. to 6 p.m. ET, Saturday
TIAA-CREF BROKERAGE SERVICES
Self-directed brokerage accounts for investing in stocks, bonds and mutual funds
800 927-3059
8 a.m. to 6 p.m. ET, Monday–Friday
TIAA-CREF TRUST COMPANY, FSB
Asset management, trust administration, estate planning, planned giving and endowment management
888 842-9001
8 a.m. to 5 p.m. CT, Monday–Friday
TIAA-CREF TUITION FINANCING, INC.
Tuition financing programs
888 381-8283
8 a.m. to 11 p.m. ET, Monday–Friday
TIAA-CREF Individual & Institutional Services, LLC, and Teachers Personal Investors Services, Inc., distribute securities products. You should consider the investment objectives, risks, charges and expenses carefully before investing. Please call 800 223-1200 for a prospectus that contains this and other information. Please read the prospectus carefully before investing. Teachers Insurance and Annuity Association (TIAA), New York, NY, and TIAA-CREF Life Insurance Co., New York, NY, issue insurance and annuities. TIAA-CREF Brokerage Services is a division of TIAA-CREF Individual & Institutional Services, LLC, member NASD/SIPC. TIAA-CREF Trust Company, FSB, provides trust services. TIAA-CREF Tuition Financing, Inc. (TFI) is the program manager for 529 college savings plans. Investment products are not FDIC insured, may lose value and are not bank guaranteed.
©2007 Teachers Insurance and Annuity Association—College Retirement Equities Fund (TIAA-CREF), New York, NY 10017
FINANCIAL SERVICES
FOR THE GREATER GOOD*
730 Third Avenue
New York, NY 10017-3206
PRST STD U.S. POSTAGE PAID
TIAA-CREF
Printed on recycled paper
C37687
A10845
2/07
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) The Registrant’s Board of Trustees has determined that the Registrant has at least one audit committee financial expert serving on its Audit Committee.
3(b) Maceo K. Sloan 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 even the appearance of conflicts of interest, the Registrant, as a policy, does not engage PricewaterhouseCoopers for management advisory or consulting services.
4(a) Audit Fees.
For the fiscal years ended December 31, 2005 and December 31, 2006, PwC’s aggregate fees for the audit of the Registrant’s annual financial statements were $90,000 and $120,000, respectively.
4(b) Audit Related Fees.
For the fiscal years ended December 31, 2005 and December 31, 2006, 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, 2005 and December 31, 2006, 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 $544,000 and $834,000, respectively.
4(c) Tax Fees.
For the fiscal years ended December 31, 2005 and December 31, 2006, PwC’s aggregate fees for tax services billed to the Registrant were $0 and $0.
For the fiscal years ended December 31, 2005 and December 31, 2006, the Tax Fees billed by PwC to the Fund Service Providers were $10,000 and 10,000, respectively.
4(d) All Other Fees.
For the fiscal years ended December 31, 2005 and December 31, 2006, PwC’s aggregate fees for all other services to the Registrant were $0 and $0, respectively.
For the fiscal years ended December 31, 2005 and December 31, 2006, the Other Fees billed by PwC to the Fund Service Providers were $10,000 and $101,200, respectively.
4(e)(1) Preapproval Policy.
The Registrant’s audit 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, 2005 and December 31, 2006 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, 2005 and December 31, 2006 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, 2005 and December 31, 2006 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, 2005 and December 31, 2006 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, 2005 and December 31, 2006 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, 2005 and December 31, 2006 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, 2005 and December 31, 2006, aggregate non-audit fees billed to the Registrant and to its Fund Service Providers by PwC were $564,000 and $945,200, 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.
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
TIAA SEPARATE ACCOUNT VA-1
STOCK INDEX ACCOUNT
STATEMENT OF INVESTMENTS
December 31, 2006
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
COMMON STOCKS - 99.72% | |||||||||||
AGRICULTURAL PRODUCTION-CROPS - 0.00%** | |||||||||||
2,584 | e* | Chiquita Brands International, Inc | $ | 41 | |||||||
TOTAL AGRICULTURAL PRODUCTION-CROPS | 41 | ||||||||||
AGRICULTURAL PRODUCTION-LIVESTOCK - 0.01% | |||||||||||
2,370 | e | Pilgrim’s Pride Corp | 70 | ||||||||
26 | Seaboard Corp | 46 | |||||||||
TOTAL AGRICULTURAL PRODUCTION-LIVESTOCK | 116 | ||||||||||
AMUSEMENT AND RECREATION SERVICES - 0.22% | |||||||||||
3,321 | e* | Bally Technologies, Inc | 62 | ||||||||
2,424 | e* | Bally Total Fitness Holding Corp | 6 | ||||||||
1,293 | * | Century Casinos, Inc | 14 | ||||||||
433 | Churchill Downs, Inc | 19 | |||||||||
978 | Dover Downs Gaming & Entertainment, Inc | 13 | |||||||||
967 | Dover Motorsports, Inc | 5 | |||||||||
11,914 | Harrah’s Entertainment, Inc | 986 | |||||||||
2,272 | International Speedway Corp (Class A) | 116 | |||||||||
1,482 | e* | Lakes Entertainment, Inc | 16 | ||||||||
1,909 | * | Leapfrog Enterprises, Inc | 18 | ||||||||
1,967 | e* | Life Time Fitness, Inc | 95 | ||||||||
3,817 | * | Live Nation, Inc | 86 | ||||||||
3,185 | e* | Magna Entertainment Corp | 14 | ||||||||
3,301 | e* | Marvel Entertainment, Inc | 89 | ||||||||
1,437 | * | MTR Gaming Group, Inc | 18 | ||||||||
1,472 | e* | Multimedia Games, Inc | 14 | ||||||||
4,563 | * | Penn National Gaming, Inc | 190 | ||||||||
3,031 | * | Pinnacle Entertainment, Inc | 100 | ||||||||
4,554 | e* | Six Flags, Inc | 24 | ||||||||
1,000 | Speedway Motorsports, Inc | 38 | |||||||||
5,856 | Warner Music Group Corp | 134 | |||||||||
4,762 | Westwood One, Inc | 34 | |||||||||
1,562 | * | WMS Industries, Inc | 54 | ||||||||
1,461 | World Wrestling Entertainment, Inc | 24 | |||||||||
TOTAL AMUSEMENT AND RECREATION SERVICES | 2,169 | ||||||||||
APPAREL AND ACCESSORY STORES - 0.71% | |||||||||||
5,601 | Abercrombie & Fitch Co (Class A) | 390 | |||||||||
3,228 | * | Aeropostale, Inc | 100 | ||||||||
11,052 | American Eagle Outfitters, Inc | 345 | |||||||||
4,458 | * | AnnTaylor Stores Corp | 146 | ||||||||
1,533 | e | Bebe Stores, Inc | 30 | ||||||||
1,896 | Brown Shoe Co, Inc | 91 | |||||||||
500 | Buckle, Inc | 25 | |||||||||
664 | * | Cache, Inc | 17 | ||||||||
3,130 | * | Carter’s, Inc | 80 | ||||||||
2,400 | e* | Casual Male Retail Group, Inc | 31 | ||||||||
2,074 | Cato Corp (Class A) | 47 | |||||||||
806 | * | Charlotte Russe Holding, Inc | 25 | ||||||||
7,700 | * | Charming Shoppes, Inc | 104 | ||||||||
11,568 | * | Chico’s FAS, Inc | 239 | ||||||||
1,410 | * | Children’s Place Retail Stores, Inc | 90 | ||||||||
2,493 | Christopher & Banks Corp | 47 | |||||||||
404 | e* | Citi Trends, Inc | 16 | ||||||||
6,369 | Claire’s Stores, Inc | 211 | |||||||||
290 | DEB Shops, Inc | 8 | |||||||||
3,000 | * | Dress Barn, Inc | 70 |
1
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,051 | e* | DSW, Inc (Class A) | $ | 41 | |||||||
2,704 | Finish Line, Inc (Class A) | 39 | |||||||||
10,029 | Foot Locker, Inc | 220 | |||||||||
33,678 | Gap, Inc | 657 | |||||||||
6,129 | * | Hanesbrands, Inc | 145 | ||||||||
2,222 | * | HOT Topic, Inc | 30 | ||||||||
1,100 | * | J Crew Group, Inc | 42 | ||||||||
1,539 | e* | Jo-Ann Stores, Inc | 38 | ||||||||
1,141 | e* | JOS A Bank Clothiers, Inc | 33 | ||||||||
20,669 | * | Kohl’s Corp | 1,414 | ||||||||
21,985 | e | Limited Brands, Inc | 636 | ||||||||
888 | * | New York & Co, Inc | 12 | ||||||||
15,124 | Nordstrom, Inc | 746 | |||||||||
4,702 | * | Pacific Sunwear Of California, Inc | 92 | ||||||||
3,907 | * | Payless Shoesource, Inc | 128 | ||||||||
8,932 | Ross Stores, Inc | 262 | |||||||||
517 | * | Shoe Carnival, Inc | 16 | ||||||||
1,898 | Stage Stores, Inc | 58 | |||||||||
1,200 | e | Talbots, Inc | 29 | ||||||||
2,189 | * | Tween Brands, Inc | 87 | ||||||||
1,345 | * | Under Armour, Inc (Class A) | 68 | ||||||||
7,238 | e* | Urban Outfitters, Inc | 167 | ||||||||
4,270 | * | Wet Seal, Inc (Class A) | 28 | ||||||||
TOTAL APPAREL AND ACCESSORY STORES | 7,100 | ||||||||||
APPAREL AND OTHER TEXTILE PRODUCTS - 0.20% | |||||||||||
762 | e | Columbia Sportswear Co | 42 | ||||||||
1,351 | e* | Guess ?, Inc | 86 | ||||||||
2,122 | * | Gymboree Corp | 81 | ||||||||
1,589 | * | Hartmarx Corp | 11 | ||||||||
6,870 | Jones Apparel Group, Inc | 230 | |||||||||
1,658 | Kellwood Co | 54 | |||||||||
6,744 | e | Liz Claiborne, Inc | 293 | ||||||||
927 | * | Maidenform Brands, Inc | 17 | ||||||||
3,569 | Phillips-Van Heusen Corp | 179 | |||||||||
3,780 | Polo Ralph Lauren Corp | 293 | |||||||||
7,612 | * | Quiksilver, Inc | 120 | ||||||||
836 | e* | True Religion Apparel, Inc | 13 | ||||||||
5,673 | VF Corp | 466 | |||||||||
3,191 | * | Warnaco Group, Inc | 81 | ||||||||
TOTAL APPAREL AND OTHER TEXTILE PRODUCTS | 1,966 | ||||||||||
AUTO REPAIR, SERVICES AND PARKING - 0.06% | |||||||||||
646 | e* | Amerco, Inc | 56 | ||||||||
700 | e | Bandag, Inc | 35 | ||||||||
1,061 | e | Central Parking Corp | 19 | ||||||||
1,436 | * | Dollar Thrifty Automotive Group, Inc | 66 | ||||||||
1,073 | * | Midas, Inc | 25 | ||||||||
582 | Monro Muffler, Inc | 20 | |||||||||
3,083 | * | PHH Corp | 89 | ||||||||
4,029 | Ryder System, Inc | 206 | |||||||||
336 | * | Standard Parking Corp | 13 | ||||||||
2,709 | * | Wright Express Corp | 84 | ||||||||
TOTAL AUTO REPAIR, SERVICES AND PARKING | 613 | ||||||||||
AUTOMOTIVE DEALERS AND SERVICE STATIONS - 0.19% | |||||||||||
6,837 | Advance Auto Parts | 243 | |||||||||
409 | e* | America’s Car-Mart, Inc | 5 | ||||||||
1,053 | Asbury Automotive Group, Inc | 25 | |||||||||
9,707 | * | Autonation, Inc | 207 | ||||||||
3,156 | * | Autozone, Inc | 365 |
2
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
6,845 | e* | Carmax, Inc | $ | 367 | |||||||
4,651 | * | Copart, Inc | 140 | ||||||||
3,233 | e* | CSK Auto Corp | 55 | ||||||||
1,061 | e | Lithia Motors, Inc (Class A) | 30 | ||||||||
1,048 | e* | MarineMax, Inc | 27 | ||||||||
7,289 | * | O’Reilly Automotive, Inc | 234 | ||||||||
1,413 | * | Rush Enterprises, Inc (Class A) | 24 | ||||||||
1,793 | Sonic Automotive, Inc (Class A) | 52 | |||||||||
3,620 | United Auto Group, Inc | 85 | |||||||||
TOTAL AUTOMOTIVE DEALERS AND SERVICE STATIONS | 1,859 | ||||||||||
BUILDING MATERIALS AND GARDEN SUPPLIES - 0.93% | |||||||||||
967 | * | Builders FirstSource, Inc | 17 | ||||||||
1,294 | e* | Central Garden & Pet Co | 63 | ||||||||
8,103 | Fastenal Co | 291 | |||||||||
134,244 | Home Depot, Inc | 5,391 | |||||||||
98,144 | Lowe’s Cos, Inc | 3,057 | |||||||||
7,102 | Sherwin-Williams Co | 452 | |||||||||
TOTAL BUILDING MATERIALS AND GARDEN SUPPLIES | 9,271 | ||||||||||
BUSINESS SERVICES - 7.02% | |||||||||||
4,013 | e* | @Road, Inc | 29 | ||||||||
3,100 | e* | 24/7 Real Media, Inc | 28 | ||||||||
25,632 | * | 3Com Corp | 105 | ||||||||
813 | e* | 3D Systems Corp | 13 | ||||||||
2,635 | Aaron Rents, Inc | 76 | |||||||||
2,600 | ABM Industries, Inc | 59 | |||||||||
1,806 | * | Acacia Research (Acacia Technologies) | 24 | ||||||||
860 | e* | Access Integrated Technologies, Inc (Class A) | 7 | ||||||||
17,680 | e* | Activision, Inc | 305 | ||||||||
3,677 | * | Actuate Corp | 22 | ||||||||
5,089 | Acxiom Corp | 131 | |||||||||
1,377 | Administaff, Inc | 59 | |||||||||
38,222 | * | Adobe Systems, Inc | 1,572 | ||||||||
1,328 | * | Advent Software, Inc | 47 | ||||||||
2,039 | * | Advo, Inc | 66 | ||||||||
6,916 | * | Affiliated Computer Services, Inc (Class A) | 338 | ||||||||
3,625 | * | Agile Software Corp | 22 | ||||||||
9,967 | * | Akamai Technologies, Inc | 529 | ||||||||
5,254 | * | Alliance Data Systems Corp | 328 | ||||||||
1,445 | * | Altiris, Inc | 37 | ||||||||
1,676 | * | American Reprographics Co | 56 | ||||||||
2,116 | * | AMN Healthcare Services, Inc | 58 | ||||||||
872 | * | Ansoft Corp | 24 | ||||||||
2,094 | * | Ansys, Inc | 91 | ||||||||
4,915 | e* | aQuantive, Inc | 121 | ||||||||
2,100 | Arbitron, Inc | 91 | |||||||||
4,191 | * | Ariba, Inc | 32 | ||||||||
7,187 | * | Art Technology Group, Inc | 17 | ||||||||
3,355 | e* | Aspen Technology, Inc | 37 | ||||||||
1,058 | * | Asset Acceptance Capital Corp | 18 | ||||||||
1,632 | * | Audible, Inc | 13 | ||||||||
14,753 | * | Autodesk, Inc | 597 | ||||||||
36,620 | Automatic Data Processing, Inc | 1,804 | |||||||||
6,370 | * | Avis Budget Group, Inc | 138 | ||||||||
3,323 | * | Avocent Corp | 112 | ||||||||
631 | e* | Bankrate, Inc | 24 | ||||||||
436 | Barrett Business Services | 10 | |||||||||
25,131 | * | BEA Systems, Inc | 316 | ||||||||
12,324 | e* | BearingPoint, Inc | 97 | ||||||||
7,366 | * | BISYS Group, Inc | 95 | ||||||||
2,836 | Blackbaud, Inc | 74 | |||||||||
1,799 | e* | Blackboard, Inc | 54 |
3
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
623 | e* | Blue Coat Systems, Inc | $ | 15 | |||||||
13,803 | * | BMC Software, Inc | 444 | ||||||||
5,613 | * | Borland Software Corp | 31 | ||||||||
862 | e* | Bottomline Technologies, Inc | 10 | ||||||||
2,775 | Brady Corp (Class A) | 103 | |||||||||
3,145 | Brink’s Co | 201 | |||||||||
26,247 | CA, Inc | 594 | |||||||||
2,042 | * | CACI International, Inc (Class A) | 115 | ||||||||
17,820 | e* | Cadence Design Systems, Inc | 319 | ||||||||
3,009 | Catalina Marketing Corp | 83 | |||||||||
3,710 | * | CBIZ, Inc | 26 | ||||||||
8,798 | * | Ceridian Corp | 246 | ||||||||
4,020 | e* | Cerner Corp | 183 | ||||||||
5,498 | * | Checkfree Corp | 221 | ||||||||
5,400 | * | ChoicePoint, Inc | 213 | ||||||||
5,013 | * | Chordiant Software, Inc | 17 | ||||||||
3,700 | * | Ciber, Inc | 25 | ||||||||
11,254 | * | Citrix Systems, Inc | 304 | ||||||||
2,400 | * | Clear Channel Outdoor Holdings, Inc (Class A) | 67 | ||||||||
32,439 | * | CMGI, Inc | 43 | ||||||||
9,641 | e* | CNET Networks, Inc | 88 | ||||||||
1,329 | * | Cogent Communications Group, Inc | 22 | ||||||||
2,800 | e* | Cogent, Inc | 31 | ||||||||
2,776 | Cognex Corp | 66 | |||||||||
9,097 | * | Cognizant Technology Solutions Corp (Class A) | 702 | ||||||||
602 | Computer Programs & Systems, Inc | 20 | |||||||||
10,830 | * | Computer Sciences Corp | 578 | ||||||||
25,157 | * | Compuware Corp | 210 | ||||||||
839 | * | COMSYS IT Partners, Inc | 17 | ||||||||
2,071 | e* | Concur Technologies, Inc | 33 | ||||||||
1,794 | e* | Convera Corp (Class A) | 8 | ||||||||
9,200 | * | Convergys Corp | 219 | ||||||||
1,115 | * | CoStar Group, Inc | 60 | ||||||||
2,097 | * | Covansys Corp | 48 | ||||||||
3,076 | * | CSG Systems International, Inc | 82 | ||||||||
1,899 | * | Cybersource Corp | 21 | ||||||||
677 | * | DealerTrack Holdings, Inc | 20 | ||||||||
3,468 | Deluxe Corp | 87 | |||||||||
2,509 | * | Dendrite International, Inc | 27 | ||||||||
2,396 | * | Digital Insight Corp | 92 | ||||||||
2,557 | * | Digital River, Inc | 143 | ||||||||
3,504 | * | DST Systems, Inc | 219 | ||||||||
7,927 | * | Earthlink, Inc | 56 | ||||||||
74,816 | * | eBay, Inc | 2,250 | ||||||||
1,800 | e* | Echelon Corp | 14 | ||||||||
2,891 | * | Eclipsys Corp | 59 | ||||||||
1,105 | e* | eCollege.com, Inc | 17 | ||||||||
3,097 | * | eFunds Corp | 85 | ||||||||
1,000 | * | Electro Rent Corp | 17 | ||||||||
19,293 | * | Electronic Arts, Inc | 972 | ||||||||
32,620 | Electronic Data Systems Corp | 899 | |||||||||
947 | e* | Emageon, Inc | 15 | ||||||||
10,329 | e* | Emdeon Corp | 128 | ||||||||
3,541 | * | Epicor Software Corp | 48 | ||||||||
857 | e* | EPIQ Systems, Inc | 15 | ||||||||
8,047 | Equifax, Inc | 327 | |||||||||
1,853 | e* | Equinix, Inc | 140 | ||||||||
1,565 | * | eSpeed, Inc (Class A) | 14 | ||||||||
4,575 | e* | Evergreen Energy, Inc | 45 | ||||||||
13,686 | * | Expedia, Inc | 287 | ||||||||
2,622 | * | F5 Networks, Inc | 195 | ||||||||
2,695 | Factset Research Systems, Inc | 152 | |||||||||
4,248 | Fair Isaac Corp | 173 | |||||||||
2,479 | e* | FalconStor Software, Inc | 21 | ||||||||
11,743 | Fidelity National Information Services, Inc | 471 |
4
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
200 | e* | First Advantage Corp (Class A) | $ | 5 | |||||||
48,711 | First Data Corp | 1,243 | |||||||||
11,147 | * | Fiserv, Inc | 584 | ||||||||
983 | * | Forrester Research, Inc | 27 | ||||||||
923 | * | FTD Group, Inc | 17 | ||||||||
3,725 | * | Gartner, Inc | 74 | ||||||||
1,444 | * | Gerber Scientific, Inc | 18 | ||||||||
3,278 | * | Getty Images, Inc | 140 | ||||||||
1,647 | Gevity HR, Inc | 39 | |||||||||
2,144 | * | Global Cash Access, Inc | 35 | ||||||||
13,264 | * | Google, Inc (Class A) | 6,108 | ||||||||
739 | * | H&E Equipment Services, Inc | 18 | ||||||||
1,500 | Healthcare Services Group | 43 | |||||||||
912 | e | Heartland Payment Systems, Inc | 26 | ||||||||
1,329 | * | Heidrick & Struggles International, Inc | 56 | ||||||||
1,384 | * | Hudson Highland Group, Inc | 23 | ||||||||
3,542 | * | Hypercom Corp | 22 | ||||||||
3,904 | * | Hyperion Solutions Corp | 140 | ||||||||
947 | e* | i2 Technologies, Inc | 22 | ||||||||
448 | * | ICT Group, Inc | 14 | ||||||||
1,449 | * | iGate Corp | 10 | ||||||||
1,500 | * | IHS, Inc (Class A) | 59 | ||||||||
12,511 | IMS Health, Inc | 344 | |||||||||
1,090 | e* | Infocrossing, Inc | 18 | ||||||||
5,959 | * | Informatica Corp | 73 | ||||||||
2,218 | * | Infospace, Inc | 45 | ||||||||
1,967 | infoUSA, Inc | 23 | |||||||||
727 | e* | Innovative Solutions & Support, Inc | 12 | ||||||||
696 | Integral Systems, Inc | 16 | |||||||||
2,541 | Interactive Data Corp | 61 | |||||||||
1,956 | e* | Internap Network Services Corp | 39 | ||||||||
2,646 | * | Internet Capital Group, Inc | 27 | ||||||||
529 | Interpool, Inc | 12 | |||||||||
27,952 | * | Interpublic Group of Cos, Inc | 342 | ||||||||
3,184 | * | Interwoven, Inc | 47 | ||||||||
22,438 | * | Intuit, Inc | 685 | ||||||||
1,814 | * | inVentiv Health, Inc | 64 | ||||||||
3,071 | e* | Ipass, Inc | 18 | ||||||||
7,238 | e* | Iron Mountain, Inc | 299 | ||||||||
5,126 | Jack Henry & Associates, Inc | 110 | |||||||||
1,953 | * | JDA Software Group, Inc | 27 | ||||||||
36,184 | * | Juniper Networks, Inc | 685 | ||||||||
1,087 | e* | Jupitermedia Corp | 9 | ||||||||
1,680 | e* | Kanbay International, Inc | 48 | ||||||||
2,787 | * | Keane, Inc | 33 | ||||||||
1,200 | Kelly Services, Inc (Class A) | 35 | |||||||||
1,023 | e* | Kenexa Corp | 34 | ||||||||
1,774 | * | Kforce, Inc | 22 | ||||||||
2,862 | * | Kinetic Concepts, Inc | 113 | ||||||||
917 | e* | Knot, Inc | 24 | ||||||||
2,700 | * | Korn/Ferry International | 62 | ||||||||
2,052 | * | Kronos, Inc | 75 | ||||||||
3,529 | * | Labor Ready, Inc | 65 | ||||||||
5,167 | * | Lamar Advertising Co (Class A) | 338 | ||||||||
7,959 | * | Lawson Software, Inc | 59 | ||||||||
3,238 | * | Lionbridge Technologies | 21 | ||||||||
511 | * | Liquidity Services, Inc | 9 | ||||||||
1,120 | * | LoJack Corp | 19 | ||||||||
2,311 | * | Magma Design Automation, Inc | 21 | ||||||||
2,098 | * | Manhattan Associates, Inc | 63 | ||||||||
5,653 | Manpower, Inc | 424 | |||||||||
1,171 | * | Mantech International Corp (Class A) | 43 | ||||||||
1,404 | * | Mapinfo Corp | 18 | ||||||||
1,311 | Marchex, Inc (Class B) | 18 |
5
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
774 | * | Marlin Business Services, Inc | $ | 19 | |||||||
3,945 | e | Mastercard, Inc (Class A) | 389 | ||||||||
10,331 | * | McAfee, Inc | 293 | ||||||||
4,700 | e* | Mentor Graphics Corp | 85 | ||||||||
562,991 | Microsoft Corp | 16,811 | |||||||||
648 | e* | MicroStrategy, Inc (Class A) | 74 | ||||||||
2,315 | e* | Midway Games, Inc | 16 | ||||||||
5,601 | MoneyGram International, Inc | 176 | |||||||||
7,976 | * | Monster Worldwide, Inc | 372 | ||||||||
4,760 | * | Move, Inc | 26 | ||||||||
6,206 | * | MPS Group, Inc | 88 | ||||||||
6,028 | * | NAVTEQ Corp | 211 | ||||||||
11,741 | * | NCR Corp | 502 | ||||||||
1,262 | e* | Neoware, Inc | 17 | ||||||||
1,235 | * | Ness Technologies, Inc | 18 | ||||||||
2,427 | e* | NetFlix, Inc | 63 | ||||||||
679 | e* | Netratings, Inc | 12 | ||||||||
1,000 | * | Netscout Systems, Inc | 8 | ||||||||
1,732 | * | NIC, Inc | 9 | ||||||||
21,820 | * | Novell, Inc | 135 | ||||||||
8,571 | e* | Nuance Communications, Inc | 98 | ||||||||
10,829 | Omnicom Group, Inc | 1,132 | |||||||||
1,673 | * | On Assignment, Inc | 20 | ||||||||
1,415 | * | Online Resources Corp | 14 | ||||||||
1,309 | e* | Open Solutions, Inc | 49 | ||||||||
835 | * | Opnet Technologies, Inc | 12 | ||||||||
5,080 | e* | Opsware, Inc | 45 | ||||||||
251,749 | * | Oracle Corp | 4,315 | ||||||||
2,281 | * | Packeteer, Inc | 31 | ||||||||
7,453 | * | Parametric Technology Corp | 134 | ||||||||
860 | e* | PDF Solutions, Inc | 12 | ||||||||
438 | e | Pegasystems, Inc | 4 | ||||||||
1,196 | * | PeopleSupport, Inc | 25 | ||||||||
1,107 | e* | Perficient, Inc | 18 | ||||||||
5,518 | * | Perot Systems Corp (Class A) | 90 | ||||||||
2,169 | * | Phase Forward, Inc | 32 | ||||||||
1,058 | e* | Portfolio Recovery Associates, Inc | 49 | ||||||||
863 | * | PRA International | 22 | ||||||||
4,849 | * | Premiere Global Services, Inc | 46 | ||||||||
2,510 | * | Progress Software Corp | 70 | ||||||||
1,000 | QAD, Inc | 8 | |||||||||
884 | e | Quality Systems, Inc | 33 | ||||||||
4,302 | * | Quest Software, Inc | 63 | ||||||||
1,505 | * | Radiant Systems, Inc | 16 | ||||||||
1,200 | * | Radisys Corp | 20 | ||||||||
6,912 | * | RealNetworks, Inc | 76 | ||||||||
11,838 | e* | Red Hat, Inc | 272 | ||||||||
3,593 | e* | Redback Networks, Inc | 90 | ||||||||
781 | e | Renaissance Learning, Inc | 14 | ||||||||
4,532 | * | Rent-A-Center, Inc | 134 | ||||||||
1,744 | e* | Rewards Network, Inc | 12 | ||||||||
712 | e* | RightNow Technologies, Inc | 12 | ||||||||
9,387 | Robert Half International, Inc | 348 | |||||||||
1,431 | Rollins, Inc | 32 | |||||||||
4,489 | * | S1 Corp | 25 | ||||||||
1,510 | e* | SafeNet, Inc | 36 | ||||||||
5,449 | * | Salesforce.com, Inc | 199 | ||||||||
5,900 | * | Sapient Corp | 32 | ||||||||
3,543 | * | Secure Computing Corp | 23 | ||||||||
18,711 | ServiceMaster Co | 245 | |||||||||
639 | * | SI International, Inc | 21 | ||||||||
3,771 | * | Sitel Corp | 16 | ||||||||
1,301 | e* | Smith Micro Software, Inc | 18 | ||||||||
1,534 | * | Sohu.com, Inc | 37 | ||||||||
4,123 | * | SonicWALL, Inc | 35 |
6
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
16,726 | e* | Sonus Networks, Inc | $ | 110 | |||||||
3,912 | Sotheby’s | 121 | |||||||||
4,207 | * | Spherion Corp | 31 | ||||||||
1,239 | * | SPSS, Inc | 37 | ||||||||
2,484 | * | SRA International, Inc (Class A) | 66 | ||||||||
746 | Startek, Inc | 10 | |||||||||
702 | e* | Stratasys, Inc | 22 | ||||||||
221,953 | e* | Sun Microsystems, Inc | 1,203 | ||||||||
5,794 | * | Sybase, Inc | 143 | ||||||||
1,700 | * | SYKES Enterprises, Inc | 30 | ||||||||
62,732 | * | Symantec Corp | 1,308 | ||||||||
797 | * | SYNNEX Corp | 18 | ||||||||
9,458 | * | Synopsys, Inc | 253 | ||||||||
403 | e | Syntel, Inc | 11 | ||||||||
4,650 | e* | Take-Two Interactive Software, Inc | 83 | ||||||||
1,034 | e | TAL International Group, Inc | 28 | ||||||||
879 | * | Taleo Corp (Class A) | 12 | ||||||||
1,878 | Talx Corp | 52 | |||||||||
2,576 | * | TeleTech Holdings, Inc | 62 | ||||||||
1,161 | e | TheStreet.com, Inc | 10 | ||||||||
4,249 | e* | THQ, Inc | 138 | ||||||||
13,792 | * | TIBCO Software, Inc | 130 | ||||||||
1,534 | * | TNS, Inc | 30 | ||||||||
2,517 | e | Total System Services, Inc | 66 | ||||||||
1,168 | * | TradeStation Group, Inc | 16 | ||||||||
2,473 | * | Transaction Systems Architects, Inc | 81 | ||||||||
300 | * | Travelzoo, Inc | 9 | ||||||||
2,823 | * | Trizetto Group, Inc | 52 | ||||||||
1,541 | * | Ultimate Software Group, Inc | 36 | ||||||||
22,840 | * | Unisys Corp | 179 | ||||||||
3,701 | United Online, Inc | 49 | |||||||||
4,172 | * | United Rentals, Inc | 106 | ||||||||
1,948 | * | Universal Compression Holdings, Inc | 121 | ||||||||
6,598 | * | Valueclick, Inc | 156 | ||||||||
1,577 | * | Vasco Data Security International | 19 | ||||||||
812 | * | Verint Systems, Inc | 28 | ||||||||
15,786 | * | VeriSign, Inc | 380 | ||||||||
634 | e* | Vertrue, Inc | 24 | ||||||||
1,519 | Viad Corp | 62 | |||||||||
1,694 | * | Vignette Corp | 29 | ||||||||
572 | * | Volt Information Sciences, Inc | 29 | ||||||||
34,545 | Waste Management, Inc | 1,270 | |||||||||
2,703 | * | WebEx Communications, Inc | 94 | ||||||||
449 | e* | WebMD Health Corp (Class A) | 18 | ||||||||
3,244 | * | webMethods, Inc | 24 | ||||||||
2,958 | * | Websense, Inc | 68 | ||||||||
1,107 | e* | WebSideStory, Inc | 14 | ||||||||
4,910 | * | Wind River Systems, Inc | 50 | ||||||||
2,159 | * | Witness Systems, Inc | 38 | ||||||||
89,612 | * | Yahoo!, Inc | 2,289 | ||||||||
TOTAL BUSINESS SERVICES | 69,926 | ||||||||||
CHEMICALS AND ALLIED PRODUCTS - 9.11% | |||||||||||
96,701 | Abbott Laboratories | 4,710 | |||||||||
1,431 | e* | Abraxis BioScience, Inc | 39 | ||||||||
1,098 | e* | Acadia Pharmaceuticals, Inc | 10 | ||||||||
200 | e* | Adams Respiratory Therapeutics, Inc | 8 | ||||||||
996 | * | Adeza Biomedical Corp | 15 | ||||||||
2,849 | e* | Adolor Corp | 21 | ||||||||
525 | * | Advanced Magnetics, Inc | 31 | ||||||||
3,480 | * | ADVENTRX Pharmaceuticals, Inc | 10 | ||||||||
14,051 | Air Products & Chemicals, Inc | 987 | |||||||||
1,600 | * | Albany Molecular Research, Inc | 17 | ||||||||
2,452 | Albemarle Corp | 176 |
7
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
5,024 | Alberto-Culver Co | $ | 108 | ||||||||
2,114 | e* | Alexion Pharmaceuticals, Inc | 85 | ||||||||
5,676 | * | Alkermes, Inc | 76 | ||||||||
2,039 | e* | Alnylam Pharmaceuticals, Inc | 44 | ||||||||
2,624 | * | Alpharma, Inc (Class A) | 63 | ||||||||
2,837 | e* | American Oriental Bioengineering, Inc | 33 | ||||||||
928 | e | American Vanguard Corp | 15 | ||||||||
74,759 | * | Amgen, Inc | 5,107 | ||||||||
1,944 | * | Anadys Pharmaceuticals, Inc | 10 | ||||||||
1,500 | Arch Chemicals, Inc | 50 | |||||||||
3,078 | e* | Arena Pharmaceuticals, Inc | 40 | ||||||||
3,660 | * | Array Biopharma, Inc | 47 | ||||||||
2,452 | e* | Atherogenics, Inc | 24 | ||||||||
1,439 | * | Auxilium Pharmaceuticals, Inc | 21 | ||||||||
1,833 | e* | AVANIR Pharmaceuticals (Class A) | 4 | ||||||||
900 | * | Aventine Renewable Energy Holdings, Inc | 21 | ||||||||
5,879 | Avery Dennison Corp | 399 | |||||||||
3,321 | e* | AVI BioPharma, Inc | 11 | ||||||||
28,620 | Avon Products, Inc | 946 | |||||||||
780 | Balchem Corp | 20 | |||||||||
6,940 | * | Barr Pharmaceuticals, Inc | 348 | ||||||||
872 | e* | Bentley Pharmaceuticals, Inc | 9 | ||||||||
1,474 | e* | BioCryst Pharmaceuticals, Inc | 17 | ||||||||
2,648 | e* | Bioenvision, Inc | 12 | ||||||||
22,160 | * | Biogen Idec, Inc | 1,090 | ||||||||
5,486 | * | BioMarin Pharmaceuticals, Inc | 90 | ||||||||
900 | e* | Bradley Pharmaceuticals, Inc | 18 | ||||||||
125,172 | Bristol-Myers Squibb Co | 3,295 | |||||||||
3,844 | e | Cabot Corp | 167 | ||||||||
2,400 | e* | Calgon Carbon Corp | 15 | ||||||||
1,815 | Cambrex Corp | 41 | |||||||||
631 | e* | Caraco Pharmaceutical Laboratories Ltd | 9 | ||||||||
4,692 | Celanese Corp (Series A) | 121 | |||||||||
3,105 | e* | Cell Genesys, Inc | 11 | ||||||||
3,899 | e* | Cephalon, Inc | 275 | ||||||||
3,523 | CF Industries Holdings, Inc | 90 | |||||||||
4,654 | * | Charles River Laboratories International, Inc | 201 | ||||||||
1,163 | * | Chattem, Inc | 58 | ||||||||
15,194 | Chemtura Corp | 146 | |||||||||
4,292 | Church & Dwight Co, Inc | 183 | |||||||||
9,732 | Clorox Co | 624 | |||||||||
1,192 | e* | Coley Pharmaceutical Group, Inc | 12 | ||||||||
32,783 | Colgate-Palmolive Co | 2,139 | |||||||||
1,544 | e* | Combinatorx, Inc | 13 | ||||||||
1,751 | * | Conor Medsystems, Inc | 55 | ||||||||
860 | * | Cotherix, Inc | 12 | ||||||||
3,622 | * | Cubist Pharmaceuticals, Inc | 66 | ||||||||
2,618 | * | Cypress Bioscience, Inc | 20 | ||||||||
2,754 | Cytec Industries, Inc | 156 | |||||||||
1,702 | * | Cytokinetics, Inc | 13 | ||||||||
5,659 | Dade Behring Holdings, Inc | 225 | |||||||||
4,015 | e* | Dendreon Corp | 17 | ||||||||
1,130 | * | Digene Corp | 54 | ||||||||
60,897 | Dow Chemical Co | 2,432 | |||||||||
58,285 | Du Pont (E.I.) de Nemours & Co | 2,839 | |||||||||
3,494 | e* | Durect Corp | 16 | ||||||||
5,082 | Eastman Chemical Co | 301 | |||||||||
11,655 | Ecolab, Inc | 527 | |||||||||
62,594 | Eli Lilly & Co | 3,261 | |||||||||
1,704 | * | Elizabeth Arden, Inc | 32 | ||||||||
1,484 | e* | Emisphere Technologies, Inc | 8 | ||||||||
4,500 | e* | Encysive Pharmaceuticals, Inc | 19 | ||||||||
3,094 | e* | Enzon Pharmaceuticals, Inc | 26 | ||||||||
8,026 | Estee Lauder Cos (Class A) | 328 |
8
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
2,913 | Ferro Corp | $ | 60 | ||||||||
2,528 | FMC Corp | 194 | |||||||||
21,008 | * | Forest Laboratories, Inc | 1,063 | ||||||||
29,739 | * | Genentech, Inc | 2,413 | ||||||||
1,612 | e* | Genitope Corp | 6 | ||||||||
8,696 | e* | Genta, Inc | 4 | ||||||||
16,791 | * | Genzyme Corp | 1,034 | ||||||||
2,274 | Georgia Gulf Corp | 44 | |||||||||
4,250 | e* | Geron Corp | 37 | ||||||||
28,935 | * | Gilead Sciences, Inc | 1,879 | ||||||||
818 | e* | GTx, Inc | 15 | ||||||||
3,298 | H.B. Fuller Co | 85 | |||||||||
1,828 | e* | Hana Biosciences, Inc | 12 | ||||||||
7,598 | * | Hercules, Inc | 147 | ||||||||
517 | * | Hi-Tech Pharmacal Co, Inc | 6 | ||||||||
9,893 | e* | Hospira, Inc | 332 | ||||||||
8,974 | e* | Human Genome Sciences, Inc | 112 | ||||||||
5,464 | * | Huntsman Corp | 104 | ||||||||
861 | e* | Idenix Pharmaceuticals, Inc | 7 | ||||||||
1,922 | * | Idexx Laboratories, Inc | 152 | ||||||||
4,629 | e* | ImClone Systems, Inc | 124 | ||||||||
4,347 | * | Immucor, Inc | 127 | ||||||||
3,006 | e* | Indevus Pharmaceuticals, Inc | 21 | ||||||||
730 | Innospec, Inc | 34 | |||||||||
236 | e | Inter Parfums, Inc | 5 | ||||||||
1,694 | e* | InterMune, Inc | 52 | ||||||||
5,869 | International Flavors & Fragrances, Inc | 289 | |||||||||
1,794 | e* | Inverness Medical Innovations, Inc | 69 | ||||||||
3,327 | * | Invitrogen Corp | 188 | ||||||||
1,504 | * | Keryx Biopharmaceuticals, Inc | 20 | ||||||||
15,613 | * | King Pharmaceuticals, Inc | 249 | ||||||||
650 | Koppers Holdings, Inc | 17 | |||||||||
358 | Kronos Worldwide, Inc | 12 | |||||||||
2,481 | * | KV Pharmaceutical Co (Class A) | 59 | ||||||||
4,300 | Lubrizol Corp | 216 | |||||||||
13,216 | e | Lyondell Chemical Co | 338 | ||||||||
1,876 | MacDermid, Inc | 64 | |||||||||
987 | e | Mannatech, Inc | 15 | ||||||||
1,441 | e* | MannKind Corp | 24 | ||||||||
2,109 | * | Martek Biosciences Corp | 49 | ||||||||
7,861 | e* | Medarex, Inc | 116 | ||||||||
3,315 | * | Medicines Co | 105 | ||||||||
3,736 | e | Medicis Pharmaceutical Corp (Class A) | 131 | ||||||||
747 | e* | Medifast, Inc | 9 | ||||||||
15,691 | e* | Medimmune, Inc | 508 | ||||||||
138,509 | Merck & Co, Inc | 6,039 | |||||||||
1,096 | Meridian Bioscience, Inc | 27 | |||||||||
1,372 | * | Metabasis Therapeutics, Inc | 10 | ||||||||
4,800 | * | MGI Pharma, Inc | 88 | ||||||||
20,319 | * | Millennium Pharmaceuticals, Inc | 221 | ||||||||
1,070 | Minerals Technologies, Inc | 63 | |||||||||
1,402 | e* | Momenta Pharmaceuticals, Inc | 22 | ||||||||
34,476 | Monsanto Co | 1,811 | |||||||||
8,391 | e* | Mosaic Co | 179 | ||||||||
13,533 | Mylan Laboratories, Inc | 270 | |||||||||
4,000 | * | Nabi Biopharmaceuticals | 27 | ||||||||
6,850 | * | Nalco Holding Co | 140 | ||||||||
1,189 | e* | Nastech Pharmaceutical Co, Inc | 18 | ||||||||
3,790 | * | NBTY, Inc | 158 | ||||||||
2,526 | * | Neurocrine Biosciences, Inc | 26 | ||||||||
838 | e* | New River Pharmaceuticals, Inc | 46 | ||||||||
1,115 | NewMarket Corp | 66 | |||||||||
964 | e | NL Industries, Inc | 10 | ||||||||
1,322 | e* | Northfield Laboratories, Inc | 5 |
9
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
3,944 | e* | Novavax, Inc | $ | 16 | |||||||
1,495 | * | Noven Pharmaceuticals, Inc | 38 | ||||||||
2,588 | * | NPS Pharmaceuticals, Inc | 12 | ||||||||
3,169 | e* | Nuvelo, Inc | 13 | ||||||||
4,620 | Olin Corp | 76 | |||||||||
1,900 | * | OM Group, Inc | 86 | ||||||||
2,655 | * | Omnova Solutions, Inc | 12 | ||||||||
2,409 | e* | Onyx Pharmaceuticals, Inc | 25 | ||||||||
2,901 | * | OraSure Technologies, Inc | 24 | ||||||||
3,810 | e* | OSI Pharmaceuticals, Inc | 133 | ||||||||
1,393 | * | Pacific Ethanol, Inc | 21 | ||||||||
1,792 | e* | Pain Therapeutics, Inc | 16 | ||||||||
3,203 | e* | Panacos Pharmaceuticals, Inc | 13 | ||||||||
2,340 | * | Par Pharmaceutical Cos, Inc | 52 | ||||||||
1,703 | * | Parexel International Corp | 49 | ||||||||
812 | e* | Parlux Fragrances, Inc | 5 | ||||||||
7,345 | e* | PDL BioPharma, Inc | 148 | ||||||||
1,492 | e* | Penwest Pharmaceuticals Co | 25 | ||||||||
11,078 | e* | Peregrine Pharmaceuticals, Inc | 13 | ||||||||
5,365 | Perrigo Co | 93 | |||||||||
1,182 | * | PetMed Express, Inc | 16 | ||||||||
464,782 | Pfizer, Inc | 12,038 | |||||||||
1,639 | e* | Pharmion Corp | 42 | ||||||||
752 | * | Pioneer Cos, Inc | 22 | ||||||||
6,365 | * | PolyOne Corp | 48 | ||||||||
1,425 | e* | Pozen, Inc | 24 | ||||||||
10,481 | PPG Industries, Inc | 673 | |||||||||
20,456 | e | Praxair, Inc | 1,214 | ||||||||
1,891 | * | Prestige Brands Holdings, Inc | 25 | ||||||||
208,192 | Procter & Gamble Co | 13,380 | |||||||||
1,419 | * | Progenics Pharmaceuticals, Inc | 37 | ||||||||
1,976 | * | Quidel Corp | 27 | ||||||||
1,297 | e* | Renovis, Inc | 4 | ||||||||
11,215 | e* | Revlon, Inc | 1 | ||||||||
11,215 | e* | Revlon, Inc (Class A) | 14 | ||||||||
1,957 | * | Rockwood Holdings, Inc | 49 | ||||||||
10,198 | Rohm & Haas Co | 521 | |||||||||
7,884 | RPM International, Inc | 165 | |||||||||
2,502 | e* | Salix Pharmaceuticals Ltd | 30 | ||||||||
2,916 | * | Santarus, Inc | 23 | ||||||||
94,106 | Schering-Plough Corp | 2,225 | |||||||||
1,824 | e* | Sciele Pharma, Inc | 44 | ||||||||
2,971 | Scotts Miracle-Gro Co (Class A) | 153 | |||||||||
3,076 | Sensient Technologies Corp | 76 | |||||||||
7,046 | e* | Sepracor, Inc | 434 | ||||||||
4,122 | Sigma-Aldrich Corp | 320 | |||||||||
2,535 | e* | Sirna Therapeutics, Inc | 33 | ||||||||
1,502 | e* | Solexa, Inc | 20 | ||||||||
500 | Stepan Co | 16 | |||||||||
3,078 | e* | SuperGen, Inc | 16 | ||||||||
900 | e* | SurModics, Inc | 28 | ||||||||
1,732 | e* | Tanox, Inc | 34 | ||||||||
2,786 | Tronox, Inc (Class B) | 44 | |||||||||
3,302 | UAP Holding Corp | 83 | |||||||||
1,527 | * | United Therapeutics Corp | 83 | ||||||||
594 | e* | USANA Health Sciences, Inc | 31 | ||||||||
5,847 | * | USEC, Inc | 74 | ||||||||
5,951 | e* | Valeant Pharmaceuticals International | 103 | ||||||||
6,561 | Valspar Corp | 181 | |||||||||
5,212 | * | VCA Antech, Inc | 168 | ||||||||
7,113 | * | Vertex Pharmaceuticals, Inc | 266 | ||||||||
4,346 | * | Viropharma, Inc | 64 | ||||||||
425 | e* | Visicu, Inc | 5 | ||||||||
6,559 | * | Watson Pharmaceuticals, Inc | 171 |
10
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
893 | Westlake Chemical Corp | $ | 28 | ||||||||
4,714 | e* | WR Grace & Co | 93 | ||||||||
85,265 | Wyeth | 4,342 | |||||||||
1,060 | * | Xenoport, Inc | 26 | ||||||||
2,399 | e* | Zymogenetics, Inc | 37 | ||||||||
TOTAL CHEMICALS AND ALLIED PRODUCTS | 90,733 | ||||||||||
COAL MINING - 0.16% | |||||||||||
3,350 | * | Alpha Natural Resources, Inc | 48 | ||||||||
9,116 | e | Arch Coal, Inc | 274 | ||||||||
11,616 | Consol Energy, Inc | 373 | |||||||||
7,316 | e* | International Coal Group, Inc | 40 | ||||||||
879 | e* | James River Coal Co | 8 | ||||||||
5,174 | Massey Energy Co | 120 | |||||||||
16,980 | Peabody Energy Corp | 686 | |||||||||
1,148 | Penn Virginia Corp | 80 | |||||||||
431 | * | Westmoreland Coal Co | 9 | ||||||||
TOTAL COAL MINING | 1,638 | ||||||||||
COMMUNICATIONS - 4.87% | |||||||||||
2,743 | e | Alaska Communications Systems Group, Inc | 42 | ||||||||
24,700 | Alltel Corp | 1,494 | |||||||||
26,811 | * | American Tower Corp (Class A) | 999 | ||||||||
2,198 | * | Anixter International, Inc | 119 | ||||||||
246,550 | AT&T, Inc | 8,814 | |||||||||
356 | Atlantic Tele-Network, Inc | 10 | |||||||||
1,206 | * | Audiovox Corp (Class A) | 17 | ||||||||
29,737 | * | Avaya, Inc | 416 | ||||||||
114,603 | BellSouth Corp | 5,399 | |||||||||
2,522 | * | Brightpoint, Inc | 34 | ||||||||
13,439 | Cablevision Systems Corp (Class A) | 383 | |||||||||
1,055 | * | Cbeyond Communications, Inc | 32 | ||||||||
1,478 | Centennial Communications Corp | 11 | |||||||||
7,562 | CenturyTel, Inc | 330 | |||||||||
25,044 | e* | Charter Communications, Inc (Class A) | 77 | ||||||||
16,520 | * | Cincinnati Bell, Inc | 75 | ||||||||
2,418 | Citadel Broadcasting Corp | 24 | |||||||||
20,972 | Citizens Communications Co | 301 | |||||||||
31,938 | Clear Channel Communications, Inc | 1,135 | |||||||||
123,496 | * | Comcast Corp (Class A) | 5,228 | ||||||||
1,582 | Commonwealth Telephone Enterprises, Inc | 66 | |||||||||
1,530 | Consolidated Communications Holdings, Inc | 32 | |||||||||
18,769 | e* | Covad Communications Group, Inc | 26 | ||||||||
2,938 | * | Cox Radio, Inc (Class A) | 48 | ||||||||
12,650 | * | Crown Castle International Corp | 409 | ||||||||
1,802 | e* | Crown Media Holdings, Inc (Class A) | 7 | ||||||||
1,200 | e | CT Communications, Inc | 27 | ||||||||
900 | * | CTC Media, Inc | 22 | ||||||||
3,424 | e* | Cumulus Media, Inc (Class A) | 36 | ||||||||
51,906 | * | DIRECTV Group, Inc | 1,295 | ||||||||
9,292 | * | Dobson Communications Corp (Class A) | 81 | ||||||||
13,281 | * | EchoStar Communications Corp (Class A) | 505 | ||||||||
9,310 | Embarq Corp | 489 | |||||||||
2,106 | e | Emmis Communications Corp (Class A) | 17 | ||||||||
2,180 | Entercom Communications Corp (Class A) | 61 | |||||||||
5,154 | * | Entravision Communications Corp (Class A) | 42 | ||||||||
575 | * | Eschelon Telecom, Inc | 11 | ||||||||
1,820 | e | Fairpoint Communications, Inc | 34 | ||||||||
8,501 | e* | FiberTower Corp | 50 | ||||||||
354 | * | Fisher Communications, Inc | 16 | ||||||||
9,435 | * | Foundry Networks, Inc | 141 | ||||||||
3,022 | * | General Communication, Inc (Class A) | 47 | ||||||||
4,248 | Global Payments, Inc | 197 |
11
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,459 | Golden Telecom, Inc | $ | 68 | ||||||||
3,118 | Gray Television, Inc | 23 | |||||||||
2,115 | e | Hearst-Argyle Television, Inc | 54 | ||||||||
10,819 | * | IAC/InterActiveCorp | 402 | ||||||||
3,749 | e* | IDT Corp (Class B) | 49 | ||||||||
1,065 | e* | InPhonic, Inc | 12 | ||||||||
1,874 | e | Iowa Telecommunications Services, Inc | 37 | ||||||||
1,069 | * | iPCS, Inc | 59 | ||||||||
3,186 | * | j2 Global Communications, Inc | 87 | ||||||||
2,836 | * | Leap Wireless International, Inc | 169 | ||||||||
76,817 | e* | Level 3 Communications, Inc | 430 | ||||||||
25,846 | * | Liberty Global, Inc (Class A) | 753 | ||||||||
8,880 | * | Liberty Media Corp - Capital (Series A) | 870 | ||||||||
45,281 | * | Liberty Media Holding Corp (Interactive A) | 977 | ||||||||
1,755 | * | Lightbridge, Inc | 24 | ||||||||
1,798 | * | Lin TV Corp (Class A) | 18 | ||||||||
767 | * | Lodgenet Entertainment Corp | 19 | ||||||||
2,626 | * | Mastec, Inc | 30 | ||||||||
4,583 | * | Mediacom Communications Corp (Class A) | 37 | ||||||||
4,025 | * | NeuStar, Inc (Class A) | 131 | ||||||||
8,710 | e* | NII Holdings, Inc | 561 | ||||||||
1,200 | North Pittsburgh Systems, Inc | 29 | |||||||||
1,922 | e* | Novatel Wireless, Inc | 19 | ||||||||
940 | * | NTELOS Holdings Corp | 17 | ||||||||
100,246 | * | Qwest Communications International, Inc | 839 | ||||||||
5,650 | * | Radio One, Inc (Class D) | 38 | ||||||||
1,881 | * | RCN Corp | 57 | ||||||||
695 | Salem Communications Corp (Class A) | 8 | |||||||||
2,129 | e* | SAVVIS, Inc | 76 | ||||||||
6,600 | e* | SBA Communications Corp (Class A) | 181 | ||||||||
468 | Shenandoah Telecom Co | 22 | |||||||||
3,111 | Sinclair Broadcast Group, Inc (Class A) | 33 | |||||||||
2,599 | * | Spanish Broadcasting System, Inc (Class A) | 11 | ||||||||
183,550 | Sprint Nextel Corp | 3,467 | |||||||||
956 | e | SureWest Communications | 26 | ||||||||
1,160 | * | Syniverse Holdings, Inc | 17 | ||||||||
7,023 | Telephone & Data Systems, Inc | 382 | |||||||||
1,962 | e* | Terremark Worldwide, Inc | 13 | ||||||||
4,990 | * | TiVo, Inc | 26 | ||||||||
13,887 | * | Univision Communications, Inc (Class A) | 492 | ||||||||
1,032 | * | US Cellular Corp | 72 | ||||||||
1,642 | USA Mobility, Inc | 37 | |||||||||
186,377 | Verizon Communications, Inc | 6,941 | |||||||||
40,413 | * | Viacom, Inc (Class B) | 1,658 | ||||||||
1,993 | * | Vonage Holdings Corp | 14 | ||||||||
27,536 | Windstream Corp | 392 | |||||||||
3,292 | e* | Wireless Facilities, Inc | 9 | ||||||||
16,496 | e* | XM Satellite Radio Holdings, Inc (Class A) | 238 | ||||||||
TOTAL COMMUNICATIONS | 48,523 | ||||||||||
DEPOSITORY INSTITUTIONS - 10.16% | |||||||||||
1,117 | 1st Source Corp | 36 | |||||||||
458 | e | Abington Community Bancorp, Inc | 9 | ||||||||
922 | Alabama National Bancorp | 63 | |||||||||
1,700 | Amcore Financial, Inc | 56 | |||||||||
678 | e | AmericanWest Bancorp | 16 | ||||||||
853 | e | Ameris Bancorp | 24 | ||||||||
1,536 | Anchor Bancorp Wisconsin, Inc | 44 | |||||||||
721 | Arrow Financial Corp | 18 | |||||||||
8,520 | Associated Banc-Corp | 297 | |||||||||
5,993 | Astoria Financial Corp | 181 | |||||||||
520 | Bancfirst Corp | 28 | |||||||||
586 | * | Bancorp, Inc | 17 |
12
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
5,040 | Bancorpsouth, Inc | $ | 135 | ||||||||
500 | BancTrust Financial Group, Inc | 13 | |||||||||
4,488 | Bank Mutual Corp | 54 | |||||||||
289,512 | Bank of America Corp | 15,457 | |||||||||
1,250 | Bank of Granite Corp | 24 | |||||||||
3,393 | Bank of Hawaii Corp | 183 | |||||||||
48,418 | Bank of New York Co, Inc | 1,906 | |||||||||
638 | e | Bank of the Ozarks, Inc | 21 | ||||||||
2,977 | BankAtlantic Bancorp, Inc (Class A) | 41 | |||||||||
1,599 | BankFinancial Corp | 28 | |||||||||
2,017 | e | BankUnited Financial Corp (Class A) | 56 | ||||||||
777 | Banner Corp | 34 | |||||||||
34,732 | BB&T Corp | 1,526 | |||||||||
550 | Berkshire Hills Bancorp, Inc | 18 | |||||||||
1,600 | e* | BFC Financial Corp (Class A) | 10 | ||||||||
1,341 | BOK Financial Corp | 74 | |||||||||
2,260 | Boston Private Financial Holdings, Inc | 64 | |||||||||
3,927 | Brookline Bancorp, Inc | 52 | |||||||||
514 | Cadence Financial Corp | 11 | |||||||||
580 | Camden National Corp | 27 | |||||||||
831 | e | Capital City Bank Group, Inc | 29 | ||||||||
599 | e | Capital Corp of the West | 19 | ||||||||
828 | Capitol Bancorp Ltd | 38 | |||||||||
1,324 | e | Capitol Federal Financial | 51 | ||||||||
1,590 | Cardinal Financial Corp | 16 | |||||||||
1,800 | e | Cascade Bancorp | 56 | ||||||||
363 | e | Cass Information Systems, Inc | 13 | ||||||||
3,316 | e | Cathay General Bancorp | 114 | ||||||||
3,800 | e* | Centennial Bank Holdings, Inc | 36 | ||||||||
622 | Center Financial Corp | 15 | |||||||||
565 | Centerstate Banks of Florida, Inc | 12 | |||||||||
1,887 | Central Pacific Financial Corp | 73 | |||||||||
285 | e | Charter Financial Corp | 15 | ||||||||
1,722 | e | Chemical Financial Corp | 57 | ||||||||
3,197 | Chittenden Corp | 98 | |||||||||
315,391 | Citigroup, Inc | 17,567 | |||||||||
2,860 | e | Citizens Banking Corp | 76 | ||||||||
553 | Citizens First Bancorp, Inc | 17 | |||||||||
825 | e | City Bank | 29 | ||||||||
1,123 | City Holding Co | 46 | |||||||||
2,626 | City National Corp | 187 | |||||||||
875 | Clifton Savings Bancorp, Inc | 11 | |||||||||
1,161 | e | Coastal Financial Corp | 19 | ||||||||
675 | CoBiz, Inc | 15 | |||||||||
9,930 | Colonial Bancgroup, Inc | 256 | |||||||||
633 | e | Columbia Bancorp | 17 | ||||||||
1,059 | Columbia Banking System, Inc | 37 | |||||||||
10,173 | Comerica, Inc | 597 | |||||||||
11,953 | Commerce Bancorp, Inc | 422 | |||||||||
4,204 | Commerce Bancshares, Inc | 203 | |||||||||
345 | e* | Community Bancorp | 10 | ||||||||
2,024 | Community Bank System, Inc | 47 | |||||||||
1,549 | e | Community Banks, Inc | 43 | ||||||||
1,003 | Community Trust Bancorp, Inc | 42 | |||||||||
8,046 | Compass Bancshares, Inc | 480 | |||||||||
2,340 | e | Corus Bankshares, Inc | 54 | ||||||||
3,871 | Cullen/Frost Bankers, Inc | 216 | |||||||||
4,026 | e | CVB Financial Corp | 58 | ||||||||
1,609 | Dime Community Bancshares | 23 | |||||||||
639 | * | Dollar Financial Corp | 18 | ||||||||
1,361 | e | Downey Financial Corp | 99 | ||||||||
3,926 | East West Bancorp, Inc | 139 | |||||||||
512 | e | Enterprise Financial Services Corp | 17 | ||||||||
2,103 | * | Euronet Worldwide, Inc | 62 |
13
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
447 | Farmers Capital Bank Corp | $ | 15 | ||||||||
1,729 | Fidelity Bankshares, Inc | 69 | |||||||||
30,284 | Fifth Third Bancorp | 1,239 | |||||||||
720 | e | First Bancorp | 16 | ||||||||
4,676 | First Bancorp | 45 | |||||||||
900 | e | First Busey Corp | 21 | ||||||||
2,100 | First Charter Corp | 52 | |||||||||
429 | First Citizens Bancshares, Inc (Class A) | 87 | |||||||||
4,700 | e | First Commonwealth Financial Corp | 63 | ||||||||
1,486 | First Community Bancorp, Inc | 78 | |||||||||
680 | First Community Bancshares, Inc | 27 | |||||||||
2,359 | e | First Financial Bancorp | 39 | ||||||||
1,332 | e | First Financial Bankshares, Inc | 56 | ||||||||
903 | e | First Financial Corp | 32 | ||||||||
600 | First Financial Holdings, Inc | 24 | |||||||||
8,055 | e | First Horizon National Corp | 337 | ||||||||
915 | First Indiana Corp | 23 | |||||||||
1,238 | First Merchants Corp | 34 | |||||||||
3,362 | First Midwest Bancorp, Inc | 130 | |||||||||
7,184 | First Niagara Financial Group, Inc | 107 | |||||||||
987 | First Place Financial Corp | 23 | |||||||||
486 | * | First Regional Bancorp | 17 | ||||||||
1,356 | First Republic Bank | 53 | |||||||||
504 | e | First South Bancorp, Inc | 16 | ||||||||
998 | First State Bancorporation | 25 | |||||||||
1,077 | e* | FirstFed Financial Corp | 72 | ||||||||
5,102 | FirstMerit Corp | 123 | |||||||||
1,967 | Flagstar Bancorp, Inc | 29 | |||||||||
1,105 | Flushing Financial Corp | 19 | |||||||||
3,778 | FNB Corp | 69 | |||||||||
419 | e | FNB Corp | 17 | ||||||||
1,364 | e* | Franklin Bank Corp | 28 | ||||||||
4,200 | e | Fremont General Corp | 68 | ||||||||
2,394 | e | Frontier Financial Corp | 70 | ||||||||
11,161 | Fulton Financial Corp | 186 | |||||||||
872 | e | GB&T Bancshares, Inc | 19 | ||||||||
3,468 | e | Glacier Bancorp, Inc | 85 | ||||||||
699 | e | Great Southern Bancorp, Inc | 21 | ||||||||
3,069 | Greater Bay Bancorp | 81 | |||||||||
437 | Greene County Bancshares, Inc | 17 | |||||||||
1,711 | Hancock Holding Co | 90 | |||||||||
2,620 | Hanmi Financial Corp | 59 | |||||||||
1,911 | Harleysville National Corp | 37 | |||||||||
928 | Heartland Financial USA, Inc | 27 | |||||||||
803 | Heritage Commerce Corp | 21 | |||||||||
883 | Horizon Financial Corp | 21 | |||||||||
37,381 | Hudson City Bancorp, Inc | 519 | |||||||||
15,300 | Huntington Bancshares, Inc | 363 | |||||||||
632 | IBERIABANK Corp | 37 | |||||||||
938 | Independent Bank Corp | 34 | |||||||||
1,683 | Independent Bank Corp | 43 | |||||||||
4,091 | IndyMac Bancorp, Inc | 185 | |||||||||
1,040 | Integra Bank Corp | 29 | |||||||||
924 | e | Interchange Financial Services Corp | 21 | ||||||||
2,996 | International Bancshares Corp | 93 | |||||||||
309 | * | Intervest Bancshares Corp | 11 | ||||||||
3,434 | * | Investors Bancorp, Inc | 54 | ||||||||
4,126 | e | Investors Financial Services Corp | 176 | ||||||||
1,234 | e | Irwin Financial Corp | 28 | ||||||||
323 | ITLA Capital Corp | 19 | |||||||||
220,315 | JPMorgan Chase & Co | 10,641 | |||||||||
1,441 | e | Kearny Financial Corp | 23 | ||||||||
25,669 | Keycorp | 976 | |||||||||
2,198 | KNBT Bancorp, Inc | 37 |
14
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
977 | e | Lakeland Bancorp, Inc | $ | 14 | |||||||
734 | Lakeland Financial Corp | 19 | |||||||||
4,703 | M&T Bank Corp | 574 | |||||||||
957 | e | Macatawa Bank Corp | 20 | ||||||||
2,162 | MAF Bancorp, Inc | 97 | |||||||||
731 | MainSource Financial Group, Inc | 12 | |||||||||
15,734 | Marshall & Ilsley Corp | 757 | |||||||||
1,960 | MB Financial, Inc | 74 | |||||||||
977 | e | MBT Financial Corp | 15 | ||||||||
26,169 | Mellon Financial Corp | 1,103 | |||||||||
548 | Mercantile Bank Corp | 21 | |||||||||
7,938 | Mercantile Bankshares Corp | 371 | |||||||||
453 | e | MetroCorp Bancshares, Inc | 10 | ||||||||
1,600 | e | Mid-State Bancshares | 58 | ||||||||
1,081 | e | Midwest Banc Holdings, Inc | 26 | ||||||||
1,144 | Nara Bancorp, Inc | 24 | |||||||||
206 | e | NASB Financial, Inc | 8 | ||||||||
37,853 | e | National City Corp | 1,384 | ||||||||
3,106 | e | National Penn Bancshares, Inc | 63 | ||||||||
2,152 | NBT Bancorp, Inc | 55 | |||||||||
3,099 | e* | Net 1 UEPS Technologies, Inc | 92 | ||||||||
3,228 | e* | NetBank, Inc | 15 | ||||||||
18,040 | e | New York Community Bancorp, Inc | 290 | ||||||||
7,703 | NewAlliance Bancshares, Inc | 126 | |||||||||
558 | * | Northern Empire Bancshares | 16 | ||||||||
13,760 | Northern Trust Corp | 835 | |||||||||
1,341 | Northwest Bancorp, Inc | 37 | |||||||||
486 | OceanFirst Financial Corp | 11 | |||||||||
4,701 | Old National Bancorp | 89 | |||||||||
1,064 | Old Second Bancorp, Inc | 31 | |||||||||
853 | e | Omega Financial Corp | 27 | ||||||||
1,295 | Oriental Financial Group, Inc | 17 | |||||||||
3,244 | Pacific Capital Bancorp | 109 | |||||||||
688 | e | Park National Corp | 68 | ||||||||
3,379 | Partners Trust Financial Group, Inc | 39 | |||||||||
762 | Pennfed Financial Services, Inc | 15 | |||||||||
595 | Peoples Bancorp, Inc | 18 | |||||||||
3,916 | e | People’s Bank | 175 | ||||||||
1,580 | PFF Bancorp, Inc | 54 | |||||||||
986 | e* | Pinnacle Financial Partners, Inc | 33 | ||||||||
747 | Placer Sierra Bancshares | 18 | |||||||||
18,664 | PNC Financial Services Group, Inc | 1,382 | |||||||||
18,220 | Popular, Inc | 327 | |||||||||
283 | Preferred Bank | 17 | |||||||||
937 | e | Premierwest Bancorp | 15 | ||||||||
1,141 | e | PrivateBancorp, Inc | 47 | ||||||||
1,637 | e | Prosperity Bancshares, Inc | 56 | ||||||||
2,140 | Provident Bankshares Corp | 76 | |||||||||
4,684 | Provident Financial Services, Inc | 85 | |||||||||
2,753 | Provident New York Bancorp | 41 | |||||||||
1,974 | * | R & G Financial Corp (Class B) | 15 | ||||||||
46,397 | Regions Financial Corp | 1,735 | |||||||||
769 | e | Renasant Corp | 24 | ||||||||
5,382 | Republic Bancorp, Inc | 72 | |||||||||
584 | Republic Bancorp, Inc (Class A) | 15 | |||||||||
598 | e | Rockville Financial, Inc | 11 | ||||||||
318 | e | Royal Bancshares of Pennsylvania (Class A) | 8 | ||||||||
1,811 | e | S&T Bancorp, Inc | 63 | ||||||||
846 | e | S.Y. Bancorp, Inc | 24 | ||||||||
1,000 | Sandy Spring Bancorp, Inc | 38 | |||||||||
357 | Santander BanCorp | 6 | |||||||||
577 | SCBT Financial Corp | 24 | |||||||||
740 | e | Seacoast Banking Corp of Florida | 18 | ||||||||
938 | Security Bank Corp | 21 |
15
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
549 | e | Shore Bancshares, Inc | $ | 17 | |||||||
370 | e | Sierra Bancorp | 11 | ||||||||
1,893 | * | Signature Bank | 59 | ||||||||
1,066 | Simmons First National Corp (Class A) | 34 | |||||||||
6,530 | Sky Financial Group, Inc | 186 | |||||||||
502 | e | Smithtown Bancorp, Inc | 14 | ||||||||
4,761 | South Financial Group, Inc | 127 | |||||||||
687 | Southside Bancshares, Inc | 18 | |||||||||
740 | Southwest Bancorp, Inc | 21 | |||||||||
23,506 | Sovereign Bancorp, Inc | 597 | |||||||||
672 | e | State National Bancshares, Inc | 26 | ||||||||
21,137 | State Street Corp | 1,425 | |||||||||
1,199 | Sterling Bancorp | 24 | |||||||||
3,900 | Sterling Bancshares, Inc | 51 | |||||||||
1,778 | Sterling Financial Corp | 42 | |||||||||
2,355 | Sterling Financial Corp | 80 | |||||||||
701 | Suffolk Bancorp | 27 | |||||||||
558 | e* | Sun Bancorp, Inc | 12 | ||||||||
22,943 | SunTrust Banks, Inc | 1,937 | |||||||||
943 | e* | Superior Bancorp | 11 | ||||||||
3,131 | Susquehanna Bancshares, Inc | 84 | |||||||||
2,287 | * | SVB Financial Group | 107 | ||||||||
17,015 | Synovus Financial Corp | 525 | |||||||||
300 | Taylor Capital Group, Inc | 11 | |||||||||
8,192 | TCF Financial Corp | 225 | |||||||||
6,502 | TD Banknorth, Inc | 210 | |||||||||
1,482 | * | Texas Capital Bancshares, Inc | 29 | ||||||||
593 | e | Texas United Bancshares, Inc | 20 | ||||||||
1,372 | TierOne Corp | 43 | |||||||||
709 | e | Tompkins Trustco, Inc | 32 | ||||||||
726 | Trico Bancshares | 20 | |||||||||
5,202 | e | Trustco Bank Corp NY | 58 | ||||||||
2,902 | Trustmark Corp | 95 | |||||||||
6,278 | e | UCBH Holdings, Inc | 110 | ||||||||
2,088 | UMB Financial Corp | 76 | |||||||||
3,609 | e | Umpqua Holdings Corp | 106 | ||||||||
814 | Union Bankshares Corp | 25 | |||||||||
3,334 | UnionBanCal Corp | 204 | |||||||||
2,534 | United Bankshares, Inc | 98 | |||||||||
2,128 | United Community Banks, Inc | 69 | |||||||||
1,981 | United Community Financial Corp | 24 | |||||||||
460 | e | United Security Bancshares | 11 | ||||||||
792 | e | Univest Corp of Pennsylvania | 24 | ||||||||
112,754 | US Bancorp | 4,081 | |||||||||
1,110 | e | USB Holding Co, Inc | 27 | ||||||||
7,403 | e | Valley National Bancorp | 196 | ||||||||
526 | e | Vineyard National Bancorp | 12 | ||||||||
753 | e* | Virginia Commerce Bancorp | 15 | ||||||||
786 | Virginia Financial Group, Inc | 22 | |||||||||
7,937 | W Holding Co, Inc | 47 | |||||||||
119,613 | Wachovia Corp | 6,812 | |||||||||
5,275 | Washington Federal, Inc | 124 | |||||||||
61,134 | Washington Mutual, Inc | 2,781 | |||||||||
881 | e | Washington Trust Bancorp, Inc | 25 | ||||||||
681 | * | Wauwatosa Holdings, Inc | 12 | ||||||||
3,232 | Webster Financial Corp | 157 | |||||||||
213,010 | Wells Fargo & Co | 7,575 | |||||||||
1,534 | WesBanco, Inc | 51 | |||||||||
1,323 | e | West Bancorporation, Inc | 24 | ||||||||
977 | West Coast Bancorp | 34 | |||||||||
2,016 | Westamerica Bancorporation | 102 | |||||||||
850 | e* | Western Alliance Bancorp | 30 | ||||||||
48,711 | Western Union Co | 1,092 | |||||||||
358 | e* | Westfield Financial, Inc | 12 |
16
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
4,160 | Whitney Holding Corp | $ | 136 | ||||||||
961 | Willow Grove Bancorp, Inc | 14 | |||||||||
4,525 | Wilmington Trust Corp | 191 | |||||||||
980 | e | Wilshire Bancorp, Inc | 19 | ||||||||
1,580 | Wintrust Financial Corp | 76 | |||||||||
320 | WSFS Financial Corp | 21 | |||||||||
558 | Yardville National Bancorp | 21 | |||||||||
6,629 | Zions Bancorporation | 546 | |||||||||
TOTAL DEPOSITORY INSTITUTIONS | 101,168 | ||||||||||
EATING AND DRINKING PLACES - 0.97% | |||||||||||
1,322 | * | AFC Enterprises | 23 | ||||||||
4,987 | Applebees International, Inc | 123 | |||||||||
7,274 | Aramark Corp (Class B) | 243 | |||||||||
758 | e* | BJ’s Restaurants, Inc | 15 | ||||||||
2,400 | Bob Evans Farms, Inc | 82 | |||||||||
8,344 | Brinker International, Inc | 252 | |||||||||
395 | e* | Buffalo Wild Wings, Inc | 21 | ||||||||
1,314 | * | California Pizza Kitchen, Inc | 44 | ||||||||
1,992 | CBRL Group, Inc | 89 | |||||||||
2,362 | * | CEC Entertainment, Inc | 95 | ||||||||
5,201 | * | Cheesecake Factory | 128 | ||||||||
599 | e* | Chipotle Mexican Grill, Inc (Class B) | 31 | ||||||||
3,658 | CKE Restaurants, Inc | 67 | |||||||||
2,170 | e* | Cosi, Inc | 11 | ||||||||
9,630 | e | Darden Restaurants, Inc | 387 | ||||||||
2,437 | Domino’s Pizza, Inc | 68 | |||||||||
1,384 | IHOP Corp | 73 | |||||||||
2,392 | * | Jack in the Box, Inc | 146 | ||||||||
3,561 | e* | Krispy Kreme Doughnuts, Inc | 39 | ||||||||
1,203 | e | Landry’s Restaurants, Inc | 36 | ||||||||
1,554 | * | Luby’s, Inc | 17 | ||||||||
528 | * | McCormick & Schmick’s Seafood Restaurants, Inc | 13 | ||||||||
77,728 | McDonald’s Corp | 3,446 | |||||||||
654 | * | Morton’s Restaurant Group, Inc | 11 | ||||||||
1,720 | * | O’Charleys, Inc | 37 | ||||||||
4,319 | OSI Restaurant Partners, Inc | 169 | |||||||||
1,450 | e* | Papa John’s International, Inc | 42 | ||||||||
1,702 | e* | PF Chang’s China Bistro, Inc | 65 | ||||||||
2,362 | * | Rare Hospitality International, Inc | 78 | ||||||||
957 | * | Red Robin Gourmet Burgers, Inc | 34 | ||||||||
3,600 | Ruby Tuesday, Inc | 99 | |||||||||
800 | e* | Ruth’s Chris Steak House, Inc | 15 | ||||||||
4,411 | * | Sonic Corp | 106 | ||||||||
48,807 | * | Starbucks Corp | 1,729 | ||||||||
1,689 | e* | Steak N Shake Co | 30 | ||||||||
3,384 | * | Texas Roadhouse, Inc (Class A) | 45 | ||||||||
12,133 | Tim Hortons, Inc | 351 | |||||||||
3,982 | Triarc Cos (Class B) | 80 | |||||||||
7,520 | Wendy’s International, Inc | 249 | |||||||||
17,525 | e | Yum! Brands, Inc | 1,030 | ||||||||
TOTAL EATING AND DRINKING PLACES | 9,619 | ||||||||||
EDUCATIONAL SERVICES - 0.11% | |||||||||||
8,774 | * | Apollo Group, Inc (Class A) | 342 | ||||||||
6,314 | * | Career Education Corp | 156 | ||||||||
5,717 | * | Corinthian Colleges, Inc | 78 | ||||||||
4,016 | DeVry, Inc | 112 | |||||||||
1,214 | e* | Educate, Inc | 9 | ||||||||
2,770 | * | ITT Educational Services, Inc | 184 | ||||||||
2,632 | * | Laureate Education, Inc | 128 | ||||||||
968 | Strayer Education, Inc | 103 |
17
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,448 | e* | Universal Technical Institute, Inc | $ | 32 | |||||||
TOTAL EDUCATIONAL SERVICES | 1,144 | ||||||||||
ELECTRIC, GAS, AND SANITARY SERVICES - 4.15% | |||||||||||
41,822 | * | AES Corp | 922 | ||||||||
4,796 | AGL Resources, Inc | 187 | |||||||||
10,338 | * | Allegheny Energy, Inc | 475 | ||||||||
1,693 | Allete, Inc | 79 | |||||||||
7,323 | Alliant Energy Corp | 277 | |||||||||
15,781 | * | Allied Waste Industries, Inc | 194 | ||||||||
12,827 | Ameren Corp | 689 | |||||||||
822 | e | American Ecology Corp | 15 | ||||||||
24,825 | American Electric Power Co, Inc | 1,057 | |||||||||
1,100 | e | American States Water Co | 42 | ||||||||
8,098 | Aqua America, Inc | 184 | |||||||||
24,847 | * | Aquila, Inc | 117 | ||||||||
5,341 | Atmos Energy Corp | 170 | |||||||||
3,100 | Avista Corp | 78 | |||||||||
2,253 | Black Hills Corp | 83 | |||||||||
1,013 | California Water Service Group | 41 | |||||||||
770 | Cascade Natural Gas Corp | 20 | |||||||||
1,195 | * | Casella Waste Systems, Inc (Class A) | 15 | ||||||||
20,446 | e | Centerpoint Energy, Inc | 339 | ||||||||
1,063 | e | CH Energy Group, Inc | 56 | ||||||||
1,104 | * | Clean Harbors, Inc | 53 | ||||||||
3,305 | Cleco Corp | 83 | |||||||||
13,685 | * | CMS Energy Corp | 229 | ||||||||
15,657 | e | Consolidated Edison, Inc | 753 | ||||||||
11,552 | Constellation Energy Group, Inc | 796 | |||||||||
7,381 | * | Covanta Holding Corp | 163 | ||||||||
1,704 | e | Crosstex Energy, Inc | 54 | ||||||||
22,225 | Dominion Resources, Inc | 1,863 | |||||||||
7,914 | e | DPL, Inc | 220 | ||||||||
11,108 | DTE Energy Co | 538 | |||||||||
78,876 | Duke Energy Corp | 2,619 | |||||||||
5,233 | Duquesne Light Holdings, Inc | 104 | |||||||||
24,110 | * | Dynegy, Inc (Class A) | 175 | ||||||||
20,498 | Edison International | 932 | |||||||||
42,504 | e | El Paso Corp | 649 | ||||||||
2,788 | * | El Paso Electric Co | 68 | ||||||||
1,913 | Empire District Electric Co | 47 | |||||||||
4,652 | Energen Corp | 218 | |||||||||
9,504 | Energy East Corp | 236 | |||||||||
453 | EnergySouth, Inc | 18 | |||||||||
13,210 | Entergy Corp | 1,220 | |||||||||
42,491 | Exelon Corp | 2,630 | |||||||||
20,962 | FirstEnergy Corp | 1,264 | |||||||||
25,755 | e | FPL Group, Inc | 1,402 | ||||||||
4,858 | e | Great Plains Energy, Inc | 154 | ||||||||
5,200 | Hawaiian Electric Industries, Inc | 141 | |||||||||
2,843 | Idacorp, Inc | 110 | |||||||||
914 | ITC Holdings Corp | 36 | |||||||||
11,065 | KeySpan Corp | 456 | |||||||||
6,767 | Kinder Morgan, Inc | 716 | |||||||||
1,400 | Laclede Group, Inc | 49 | |||||||||
419 | Markwest Hydrocarbon, Inc | 20 | |||||||||
11,775 | MDU Resources Group, Inc | 302 | |||||||||
1,512 | Metal Management, Inc | 57 | |||||||||
1,200 | MGE Energy, Inc | 44 | |||||||||
16,616 | * | Mirant Corp | 525 | ||||||||
5,518 | e | National Fuel Gas Co | 213 | ||||||||
1,850 | New Jersey Resources Corp | 90 | |||||||||
2,750 | e | Nicor, Inc | 129 | ||||||||
17,372 | NiSource, Inc | 419 |
18
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | |||||||||
9,900 | Northeast Utilities | $ | 279 | |||||||||
1,750 | Northwest Natural Gas Co | 74 | ||||||||||
2,408 | NorthWestern Corp | 85 | ||||||||||
8,755 | e* | NRG Energy, Inc | 490 | |||||||||
6,921 | NSTAR | 238 | ||||||||||
5,851 | OGE Energy Corp | 234 | ||||||||||
7,361 | Oneok, Inc | 317 | ||||||||||
469 | e | Ormat Technologies, Inc | 17 | |||||||||
1,956 | Otter Tail Corp | 61 | ||||||||||
2,462 | e | Peoples Energy Corp | 110 | |||||||||
12,472 | Pepco Holdings, Inc | 324 | ||||||||||
21,898 | PG&E Corp | 1,036 | ||||||||||
591 | * | Pico Holdings, Inc | 21 | |||||||||
4,854 | Piedmont Natural Gas Co, Inc | 130 | ||||||||||
1,025 | e* | Pike Electric Corp | 17 | |||||||||
6,239 | Pinnacle West Capital Corp | 316 | ||||||||||
3,483 | e* | Plug Power, Inc | 14 | |||||||||
4,199 | PNM Resources, Inc | 131 | ||||||||||
1,726 | e | Portland General Electric Co | 47 | |||||||||
24,198 | PPL Corp | 867 | ||||||||||
16,208 | Progress Energy, Inc | 795 | ||||||||||
5,000 | v* | Progress Energy, Inc | — | ^ | ||||||||
15,808 | Public Service Enterprise Group, Inc | 1,049 | ||||||||||
7,154 | Puget Energy, Inc | 181 | ||||||||||
5,509 | Questar Corp | 458 | ||||||||||
19,500 | * | Reliant Energy, Inc | 277 | |||||||||
7,270 | Republic Services, Inc | 296 | ||||||||||
1,126 | Resource America, Inc (Class A) | 30 | ||||||||||
7,275 | SCANA Corp | 295 | ||||||||||
16,443 | e | Sempra Energy | 921 | |||||||||
12,547 | * | Sierra Pacific Resources | 211 | |||||||||
1,020 | e | SJW Corp | 40 | |||||||||
1,884 | South Jersey Industries, Inc | 63 | ||||||||||
47,130 | e | Southern Co | 1,737 | |||||||||
6,440 | Southern Union Co | 180 | ||||||||||
2,572 | Southwest Gas Corp | 99 | ||||||||||
1,025 | e | Southwest Water Co | 14 | |||||||||
2,854 | * | Stericycle, Inc | 215 | |||||||||
3,976 | e | Synagro Technologies, Inc | 18 | |||||||||
13,485 | TECO Energy, Inc | 232 | ||||||||||
29,147 | TXU Corp | 1,580 | ||||||||||
6,965 | UGI Corp | 190 | ||||||||||
1,633 | UIL Holdings Corp | 69 | ||||||||||
2,373 | Unisource Energy Corp | 87 | ||||||||||
4,904 | Vectren Corp | 139 | ||||||||||
2,633 | * | Waste Connections, Inc | 109 | |||||||||
499 | Waste Industries USA, Inc | 15 | ||||||||||
1,458 | e* | Waste Services, Inc | 14 | |||||||||
5,625 | Westar Energy, Inc | 146 | ||||||||||
3,300 | WGL Holdings, Inc | 107 | ||||||||||
38,193 | Williams Cos, Inc | 998 | ||||||||||
7,578 | Wisconsin Energy Corp | 360 | ||||||||||
2,680 | e | WPS Resources Corp | 145 | |||||||||
26,149 | Xcel Energy, Inc | 603 | ||||||||||
TOTAL ELECTRIC, GAS, AND SANITARY SERVICES | 41,316 | |||||||||||
ELECTRONIC AND OTHER ELECTRIC EQUIPMENT - 6.06% | ||||||||||||
1,556 | * | Actel Corp | 28 | |||||||||
3,000 | Acuity Brands, Inc | 156 | ||||||||||
7,209 | * | Adaptec, Inc | 34 | |||||||||
7,316 | * | ADC Telecommunications, Inc | 106 | |||||||||
4,420 | Adtran, Inc | 100 | ||||||||||
2,343 | * | Advanced Analogic Technologies, Inc | 13 | |||||||||
2,251 | * | Advanced Energy Industries, Inc | 42 |
19
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
34,301 | * | Advanced Micro Devices, Inc | $ | 698 | |||||||
4,300 | * | Aeroflex, Inc | 50 | ||||||||
10,899 | * | Agere Systems, Inc | 209 | ||||||||
22,750 | * | Altera Corp | 448 | ||||||||
10,928 | American Power Conversion Corp | 334 | |||||||||
1,695 | e* | American Superconductor Corp | 17 | ||||||||
6,834 | Ametek, Inc | 218 | |||||||||
2,968 | * | AMIS Holdings, Inc | 31 | ||||||||
6,298 | * | Amkor Technology, Inc | 59 | ||||||||
5,827 | Amphenol Corp (Class A) | 362 | |||||||||
3,097 | e* | Anadigics, Inc | 27 | ||||||||
22,873 | Analog Devices, Inc | 752 | |||||||||
10,546 | * | Andrew Corp | 108 | ||||||||
54,133 | * | Apple Computer, Inc | 4,593 | ||||||||
19,510 | * | Applied Micro Circuits Corp | 69 | ||||||||
6,887 | * | Arris Group, Inc | 86 | ||||||||
3,325 | * | Atheros Communications, Inc | 71 | ||||||||
27,704 | * | Atmel Corp | 168 | ||||||||
2,512 | * | ATMI, Inc | 77 | ||||||||
2,604 | e* | Avanex Corp | 5 | ||||||||
8,282 | * | Avnet, Inc | 211 | ||||||||
3,547 | e | AVX Corp | 52 | ||||||||
2,164 | Baldor Electric Co | 72 | |||||||||
674 | Bel Fuse, Inc (Class B) | 23 | |||||||||
4,279 | * | Benchmark Electronics, Inc | 104 | ||||||||
3,618 | e* | Bookham, Inc | 15 | ||||||||
28,853 | * | Broadcom Corp (Class A) | 932 | ||||||||
4,435 | e* | Broadwing Corp | 69 | ||||||||
16,312 | * | Brocade Communications Systems, Inc | 134 | ||||||||
1,448 | * | CalAmp Corp | 12 | ||||||||
6,761 | e* | Capstone Turbine Corp | 8 | ||||||||
1,332 | * | Carrier Access Corp | 9 | ||||||||
2,989 | * | C-COR, Inc | 33 | ||||||||
1,663 | e* | Ceradyne, Inc | 94 | ||||||||
2,612 | * | Checkpoint Systems, Inc | 53 | ||||||||
1,792 | e* | China BAK Battery, Inc | 12 | ||||||||
5,374 | e* | Ciena Corp | 149 | ||||||||
387,140 | * | Cisco Systems, Inc | 10,580 | ||||||||
908 | e* | Color Kinetics, Inc | 19 | ||||||||
1,458 | * | Comtech Telecommunications Corp | 55 | ||||||||
12,890 | * | Comverse Technology, Inc | 272 | ||||||||
32,205 | e* | Conexant Systems, Inc | 66 | ||||||||
457 | * | CPI International, Inc | 7 | ||||||||
5,056 | e* | Cree, Inc | 88 | ||||||||
2,100 | e | CTS Corp | 33 | ||||||||
1,000 | Cubic Corp | 22 | |||||||||
8,969 | * | Cypress Semiconductor Corp | 151 | ||||||||
1,281 | * | Diodes, Inc | 45 | ||||||||
633 | * | Directed Electronics, Inc | 7 | ||||||||
2,576 | * | Ditech Networks, Inc | 18 | ||||||||
2,248 | * | Dolby Laboratories, Inc (Class A) | 70 | ||||||||
1,958 | * | DSP Group, Inc | 42 | ||||||||
1,168 | * | DTS, Inc | 28 | ||||||||
2,000 | * | Electro Scientific Industries, Inc | 40 | ||||||||
2,542 | e* | Emcore Corp | 14 | ||||||||
51,934 | Emerson Electric Co | 2,290 | |||||||||
956 | * | EMS Technologies, Inc | 19 | ||||||||
3,640 | * | Energizer Holdings, Inc | 258 | ||||||||
2,523 | e* | Energy Conversion Devices, Inc | 86 | ||||||||
3,062 | * | EnerSys | 49 | ||||||||
4,298 | e* | Evergreen Solar, Inc | 33 | ||||||||
2,444 | * | Exar Corp | 32 | ||||||||
7,886 | * | Fairchild Semiconductor International, Inc | 133 | ||||||||
14,527 | e* | Finisar Corp | 47 |
20
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | |||||||||
700 | * | First Solar, Inc | $ | 21 | ||||||||
1 | * | Flextronics International Ltd | — | ^ | ||||||||
1,486 | Franklin Electric Co, Inc | 76 | ||||||||||
2,934 | e* | FuelCell Energy, Inc | 19 | |||||||||
15,290 | * | Gemstar-TV Guide International, Inc | 61 | |||||||||
1,540 | * | Genlyte Group, Inc | 120 | |||||||||
6,759 | * | GrafTech International Ltd | 47 | |||||||||
1,507 | e* | Greatbatch, Inc | 41 | |||||||||
4,325 | Harman International Industries, Inc | 432 | ||||||||||
5,636 | * | Harmonic, Inc | 41 | |||||||||
8,649 | Harris Corp | 397 | ||||||||||
6,021 | e* | Hexcel Corp | 105 | |||||||||
829 | e* | Hittite Microwave Corp | 27 | |||||||||
52,679 | Honeywell International, Inc | 2,383 | ||||||||||
1,800 | e* | Hutchinson Technology, Inc | 42 | |||||||||
739 | e* | ID Systems, Inc | 14 | |||||||||
1,334 | e* | Ikanos Communications, Inc | 12 | |||||||||
2,223 | Imation Corp | 103 | ||||||||||
13,019 | * | Integrated Device Technology, Inc | 202 | |||||||||
368,736 | Intel Corp | 7,467 | ||||||||||
3,415 | e* | Interdigital Communications Corp | 115 | |||||||||
4,573 | e* | International Rectifier Corp | 176 | |||||||||
9,144 | Intersil Corp (Class A) | 219 | ||||||||||
1,421 | Inter-Tel, Inc | 31 | ||||||||||
2,296 | * | InterVoice, Inc | 18 | |||||||||
724 | e* | iRobot Corp | 13 | |||||||||
1,636 | * | IXYS Corp | 15 | |||||||||
13,081 | * | JDS Uniphase Corp | 218 | |||||||||
6,007 | e* | Kemet Corp | 44 | |||||||||
7,785 | L-3 Communications Holdings, Inc | 637 | ||||||||||
894 | e* | Lamson & Sessions Co | 22 | |||||||||
7,863 | * | Lattice Semiconductor Corp | 51 | |||||||||
2,740 | Lincoln Electric Holdings, Inc | 166 | ||||||||||
19,165 | Linear Technology Corp | 581 | ||||||||||
1,534 | * | Littelfuse, Inc | 49 | |||||||||
732 | e* | Loral Space & Communications, Inc | 30 | |||||||||
1,293 | LSI Industries, Inc | 26 | ||||||||||
25,060 | * | LSI Logic Corp | 226 | |||||||||
3,108 | * | Mattson Technology, Inc | 29 | |||||||||
20,175 | Maxim Integrated Products, Inc | 618 | ||||||||||
936 | e* | Maxwell Technologies, Inc | 13 | |||||||||
9,964 | * | McData Corp (Class A) | 55 | |||||||||
1,334 | e* | Medis Technologies Ltd | 23 | |||||||||
8,815 | * | MEMC Electronic Materials, Inc | 345 | |||||||||
1,540 | * | Mercury Computer Systems, Inc | 21 | |||||||||
2,500 | Methode Electronics, Inc | 27 | ||||||||||
4,755 | * | Micrel, Inc | 51 | |||||||||
13,649 | Microchip Technology, Inc | 446 | ||||||||||
46,315 | * | Micron Technology, Inc | 647 | |||||||||
4,543 | e* | Microsemi Corp | 89 | |||||||||
4,100 | e* | Microtune, Inc | 19 | |||||||||
7,089 | e* | Mindspeed Technologies, Inc | 14 | |||||||||
2,847 | * | MIPS Technologies, Inc | 24 | |||||||||
1,718 | e* | Mobility Electronics, Inc | 6 | |||||||||
8,747 | Molex, Inc | 277 | ||||||||||
1,168 | e* | Monolithic Power Systems, Inc | 13 | |||||||||
2,561 | * | Moog, Inc (Class A) | 98 | |||||||||
1,507 | e* | MoSys, Inc | 14 | |||||||||
156,357 | Motorola, Inc | 3,215 | ||||||||||
7,339 | e* | MRV Communications, Inc | 26 | |||||||||
555 | e* | Multi-Fineline Electronix, Inc | 11 | |||||||||
300 | National Presto Industries, Inc | 18 | ||||||||||
21,753 | National Semiconductor Corp | 494 | ||||||||||
4,200 | v* | NCP Litigation Trust | — | ^ |
21
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,013 | e* | Netlogic Microsystems, Inc | $ | 22 | |||||||
24,105 | * | Network Appliance, Inc | 947 | ||||||||
8,219 | * | Novellus Systems, Inc | 283 | ||||||||
22,670 | * | Nvidia Corp | 839 | ||||||||
3,460 | e* | Omnivision Technologies, Inc | 47 | ||||||||
10,163 | * | ON Semiconductor Corp | 77 | ||||||||
6,068 | * | Openwave Systems, Inc | 56 | ||||||||
1,210 | * | Oplink Communications, Inc | 25 | ||||||||
1,276 | e* | Optical Communication Products, Inc | 2 | ||||||||
869 | e* | OSI Systems, Inc | 18 | ||||||||
1,250 | Park Electrochemical Corp | 32 | |||||||||
1,185 | e* | Parkervision, Inc | 13 | ||||||||
1,447 | * | Pericom Semiconductor Corp | 17 | ||||||||
2,260 | * | Photronics, Inc | 37 | ||||||||
2,609 | Plantronics, Inc | 55 | |||||||||
3,100 | * | Plexus Corp | 74 | ||||||||
1,628 | e* | PLX Technology, Inc | 21 | ||||||||
13,218 | e* | PMC - Sierra, Inc | 89 | ||||||||
5,747 | * | Polycom, Inc | 178 | ||||||||
1,009 | * | Portalplayer, Inc | 14 | ||||||||
458 | * | Powell Industries, Inc | 14 | ||||||||
4,438 | e* | Power-One, Inc | 32 | ||||||||
7,309 | e* | Powerwave Technologies, Inc | 47 | ||||||||
10,532 | * | QLogic Corp | 231 | ||||||||
106,141 | Qualcomm, Inc | 4,011 | |||||||||
3,007 | e* | Quantum Fuel Systems Technologies Worldwide, Inc | 5 | ||||||||
8,217 | e | RadioShack Corp | 138 | ||||||||
1,136 | * | Radyne Corp | 12 | ||||||||
5,680 | e* | Rambus, Inc | 107 | ||||||||
1,083 | e | Raven Industries, Inc | 29 | ||||||||
1,983 | Regal-Beloit Corp | 104 | |||||||||
10,615 | * | RF Micro Devices, Inc | 72 | ||||||||
1,100 | * | Rogers Corp | 65 | ||||||||
35,228 | * | Sanmina-SCI Corp | 122 | ||||||||
4,166 | * | Semtech Corp | 54 | ||||||||
5,145 | * | Silicon Image, Inc | 65 | ||||||||
3,220 | e* | Silicon Laboratories, Inc | 112 | ||||||||
5,900 | * | Silicon Storage Technology, Inc | 27 | ||||||||
1,604 | e* | Sirenza Microdevices, Inc | 13 | ||||||||
90,524 | e* | Sirius Satellite Radio, Inc | 320 | ||||||||
10,341 | * | Skyworks Solutions, Inc | 73 | ||||||||
2,839 | * | Spansion, Inc (Class A) | 42 | ||||||||
2,490 | e* | Spectrum Brands, Inc | 27 | ||||||||
1,279 | * | Standard Microsystems Corp | 36 | ||||||||
6,161 | * | Stratex Networks, Inc | 30 | ||||||||
675 | e* | Sunpower Corp (Class A) | 25 | ||||||||
745 | * | Supertex, Inc | 29 | ||||||||
12,134 | * | Sycamore Networks, Inc | 46 | ||||||||
2,907 | e* | Symmetricom, Inc | 26 | ||||||||
1,530 | * | Synaptics, Inc | 45 | ||||||||
2,804 | Technitrol, Inc | 67 | |||||||||
3,400 | * | Tekelec | 50 | ||||||||
2,403 | Teleflex, Inc | 155 | |||||||||
28,811 | * | Tellabs, Inc | 296 | ||||||||
2,944 | e* | Tessera Technologies, Inc | 119 | ||||||||
99,136 | Texas Instruments, Inc | 2,855 | |||||||||
3,784 | * | Thomas & Betts Corp | 179 | ||||||||
12,811 | * | Transmeta Corp | 14 | ||||||||
7,028 | * | Transwitch Corp | 10 | ||||||||
3,408 | * | Trident Microsystems, Inc | 62 | ||||||||
9,492 | * | Triquint Semiconductor, Inc | 43 | ||||||||
2,833 | * | TTM Technologies, Inc | 32 | ||||||||
640 | * | Ulticom, Inc | 6 | ||||||||
1,466 | e* | Universal Display Corp | 22 |
22
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,000 | * | Universal Electronics, Inc | $ | 21 | |||||||
7,742 | e* | Utstarcom, Inc | 68 | ||||||||
3,284 | * | Varian Semiconductor Equipment Associates, Inc | 149 | ||||||||
1,399 | * | Viasat, Inc | 42 | ||||||||
1,471 | Vicor Corp | 16 | |||||||||
899 | * | Virage Logic Corp | 8 | ||||||||
10,877 | * | Vishay Intertechnology, Inc | 147 | ||||||||
1,011 | e* | Volterra Semiconductor Corp | 15 | ||||||||
4,543 | Whirlpool Corp | 377 | |||||||||
21,641 | Xilinx, Inc | 515 | |||||||||
7,259 | e* | Zhone Technologies, Inc | 9 | ||||||||
712 | e* | Zoltek Cos, Inc | 14 | ||||||||
3,150 | * | Zoran Corp | 46 | ||||||||
TOTAL ELECTRONIC AND OTHER ELECTRIC EQUIPMENT | 60,329 | ||||||||||
ENGINEERING AND MANAGEMENT SERVICES - 0.78% | |||||||||||
1,230 | * | Advisory Board Co | 66 | ||||||||
6,911 | e* | Amylin Pharmaceuticals, Inc | 249 | ||||||||
4,841 | * | Applera Corp (Celera Genomics Group) | 68 | ||||||||
4,682 | e* | Ariad Pharmaceuticals, Inc | 24 | ||||||||
900 | e | CDI Corp | 22 | ||||||||
22,894 | * | Celgene Corp | 1,317 | ||||||||
758 | e* | Cornell Cos, Inc | 14 | ||||||||
2,517 | Corporate Executive Board Co | 221 | |||||||||
706 | * | CRA International, Inc | 37 | ||||||||
2,878 | e* | CV Therapeutics, Inc | 40 | ||||||||
3,808 | * | deCODE genetics, Inc | 17 | ||||||||
1,618 | Diamond Management & Technology Consultants, Inc | 20 | |||||||||
5,965 | * | Digitas, Inc | 80 | ||||||||
1,742 | e* | Diversa Corp | 19 | ||||||||
3,090 | e* | eResearch Technology, Inc | 21 | ||||||||
1,146 | * | Essex Corp | 27 | ||||||||
5,381 | * | Exelixis, Inc | 48 | ||||||||
1,100 | * | Exponent, Inc | 21 | ||||||||
1,392 | * | First Consulting Group, Inc | 19 | ||||||||
5,476 | Fluor Corp | 447 | |||||||||
3,419 | * | Gen-Probe, Inc | 179 | ||||||||
3,404 | * | Harris Interactive, Inc | 17 | ||||||||
6,634 | * | Hewitt Associates, Inc (Class A) | 171 | ||||||||
1,113 | e* | Huron Consulting Group, Inc | 50 | ||||||||
4,311 | * | ICOS Corp | 146 | ||||||||
4,807 | * | Incyte Corp | 28 | ||||||||
1,718 | * | Infrasource Services, Inc | 37 | ||||||||
4,737 | e* | Isis Pharmaceuticals, Inc | 53 | ||||||||
3,662 | * | Jacobs Engineering Group, Inc | 299 | ||||||||
798 | * | Kendle International, Inc | 25 | ||||||||
584 | Landauer, Inc | 31 | |||||||||
1,549 | * | LECG Corp | 29 | ||||||||
4,403 | * | Lexicon Genetics, Inc | 16 | ||||||||
1,975 | e* | Lifecell Corp | 48 | ||||||||
1,864 | * | Luminex Corp | 24 | ||||||||
1,221 | MAXIMUS, Inc | 38 | |||||||||
2,143 | e* | Maxygen, Inc | 23 | ||||||||
8,108 | e* | Monogram Biosciences, Inc | 14 | ||||||||
15,350 | Moody’s Corp | 1,060 | |||||||||
685 | e* | MTC Technologies, Inc | 16 | ||||||||
2,554 | e* | Myriad Genetics, Inc | 80 | ||||||||
2,859 | * | Navigant Consulting, Inc | 56 | ||||||||
1,729 | * | Omnicell, Inc | 32 | ||||||||
21,118 | Paychex, Inc | 835 | |||||||||
2,411 | * | Per-Se Technologies, Inc | 67 | ||||||||
1,234 | e* | PharmaNet Development Group, Inc | 27 | ||||||||
9,976 | Quest Diagnostics, Inc | 529 | |||||||||
2,870 | * | Regeneron Pharmaceuticals, Inc | 58 |
23
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
8,827 | e* | Rentech, Inc | $ | 33 | |||||||
3,214 | * | Resources Connection, Inc | 102 | ||||||||
1,318 | e* | Rigel Pharmaceuticals, Inc | 16 | ||||||||
4,400 | * | SAIC, Inc | 78 | ||||||||
1,747 | e* | Sangamo Biosciences, Inc | 12 | ||||||||
3,562 | e* | Savient Pharmaceuticals, Inc | 40 | ||||||||
1,940 | e* | Senomyx, Inc | 25 | ||||||||
5,223 | e* | Shaw Group, Inc | 175 | ||||||||
1,956 | * | Symyx Technologies, Inc | 42 | ||||||||
692 | e* | Tejon Ranch Co | 39 | ||||||||
3,521 | e* | Telik, Inc | 16 | ||||||||
3,591 | * | Tetra Tech, Inc | 65 | ||||||||
953 | e* | Trimeris, Inc | 12 | ||||||||
3,296 | * | URS Corp | 141 | ||||||||
1,753 | * | Washington Group International, Inc | 105 | ||||||||
2,733 | Watson Wyatt & Co Holdings (Class A) | 123 | |||||||||
TOTAL ENGINEERING AND MANAGEMENT SERVICES | 7,789 | ||||||||||
ENVIRONMENTAL QUALITY AND HOUSING - 0.00%** | |||||||||||
2,403 | e* | Home Solutions of America, Inc | 14 | ||||||||
TOTAL ENVIRONMENTAL QUALITY AND HOUSING | 14 | ||||||||||
FABRICATED METAL PRODUCTS - 0.39% | |||||||||||
2,088 | * | Alliant Techsystems, Inc | 163 | ||||||||
532 | Ameron International Corp | 41 | |||||||||
2,187 | Aptargroup, Inc | 129 | |||||||||
6,806 | Ball Corp | 297 | |||||||||
1,064 | CIRCOR International, Inc | 39 | |||||||||
7,854 | Commercial Metals Co | 203 | |||||||||
1,343 | * | Commercial Vehicle Group, Inc | 29 | ||||||||
3,558 | Crane Co | 130 | |||||||||
10,461 | * | Crown Holdings, Inc | 219 | ||||||||
757 | Dynamic Materials Corp | 21 | |||||||||
1,746 | e* | Griffon Corp | 45 | ||||||||
546 | Gulf Island Fabrication, Inc | 20 | |||||||||
31,695 | Illinois Tool Works, Inc | 1,464 | |||||||||
916 | Insteel Industries, Inc | 16 | |||||||||
5,881 | * | Jacuzzi Brands, Inc | 73 | ||||||||
904 | e* | Ladish Co, Inc | 34 | ||||||||
496 | e | Lifetime Brands, Inc | 8 | ||||||||
2,280 | * | Mobile Mini, Inc | 62 | ||||||||
6,010 | e | Mueller Water Products, Inc (Class A) | 89 | ||||||||
1,321 | * | NCI Building Systems, Inc | 68 | ||||||||
6,572 | Pentair, Inc | 206 | |||||||||
1,422 | Silgan Holdings, Inc | 63 | |||||||||
2,152 | e | Simpson Manufacturing Co, Inc | 68 | ||||||||
1,859 | e* | Smith & Wesson Holding Corp | 19 | ||||||||
3,797 | Snap-On, Inc | 181 | |||||||||
3,948 | e* | Taser International, Inc | 30 | ||||||||
1,173 | Valmont Industries, Inc | 65 | |||||||||
1,666 | e | Watts Water Technologies, Inc (Class A) | 69 | ||||||||
TOTAL FABRICATED METAL PRODUCTS | 3,851 | ||||||||||
FOOD AND KINDRED PRODUCTS - 2.76% | |||||||||||
455 | * | Altus Pharmaceuticals, Inc | 9 | ||||||||
48,922 | Anheuser-Busch Cos, Inc | 2,407 | |||||||||
41,589 | Archer Daniels Midland Co | 1,329 | |||||||||
700 | * | Boston Beer Co, Inc (Class A) | 25 | ||||||||
1,626 | e* | Burger King Holdings, Inc | 34 | ||||||||
14,917 | e | Campbell Soup Co | 580 | ||||||||
263 | Coca-Cola Bottling Co Consolidated | 18 | |||||||||
129,182 | Coca-Cola Co | 6,233 |
24
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
19,411 | Coca-Cola Enterprises, Inc | $ | 396 | ||||||||
33,020 | ConAgra Foods, Inc | 892 | |||||||||
12,816 | * | Constellation Brands, Inc (Class A) | 372 | ||||||||
4,777 | Corn Products International, Inc | 165 | |||||||||
4,436 | * | Darling International, Inc | 25 | ||||||||
12,900 | Del Monte Foods Co | 142 | |||||||||
1,001 | Diamond Foods, Inc | 19 | |||||||||
629 | Farmer Bros Co | 13 | |||||||||
3,338 | Flowers Foods, Inc | 90 | |||||||||
22,465 | General Mills, Inc | 1,294 | |||||||||
3,470 | * | Gold Kist, Inc | 73 | ||||||||
21,307 | H.J. Heinz Co | 959 | |||||||||
4,024 | * | Hansen Natural Corp | 136 | ||||||||
11,183 | Hershey Co | 557 | |||||||||
4,677 | Hormel Foods Corp | 175 | |||||||||
740 | e | Imperial Sugar Co | 18 | ||||||||
800 | J&J Snack Foods Corp | 33 | |||||||||
3,519 | J.M. Smucker Co | 171 | |||||||||
1,401 | e* | Jones Soda Co | 17 | ||||||||
15,621 | Kellogg Co | 782 | |||||||||
13,596 | e | Kraft Foods, Inc (Class A) | 485 | ||||||||
1,575 | Lancaster Colony Corp | 70 | |||||||||
1,746 | Lance, Inc | 35 | |||||||||
686 | * | M&F Worldwide Corp | 17 | ||||||||
8,308 | McCormick & Co, Inc | 320 | |||||||||
597 | e | MGP Ingredients, Inc | 14 | ||||||||
3,055 | Molson Coors Brewing Co (Class B) | 234 | |||||||||
518 | e | National Beverage Corp | 7 | ||||||||
919 | e* | Peet’s Coffee & Tea, Inc | 24 | ||||||||
8,968 | Pepsi Bottling Group, Inc | 277 | |||||||||
3,834 | PepsiAmericas, Inc | 80 | |||||||||
104,737 | PepsiCo, Inc | 6,551 | |||||||||
2,153 | * | Performance Food Group Co | 60 | ||||||||
895 | Premium Standard Farms, Inc | 17 | |||||||||
1,622 | * | Ralcorp Holdings, Inc | 83 | ||||||||
1,066 | Reddy Ice Holdings, Inc | 28 | |||||||||
1,203 | e | Sanderson Farms, Inc | 37 | ||||||||
48,233 | Sara Lee Corp | 821 | |||||||||
5,921 | e* | Smithfield Foods, Inc | 152 | ||||||||
2,304 | e | Tootsie Roll Industries, Inc | 75 | ||||||||
2,378 | Topps Co, Inc | 21 | |||||||||
2,025 | * | TreeHouse Foods, Inc | 63 | ||||||||
14,346 | Tyson Foods, Inc (Class A) | 236 | |||||||||
14,836 | Wrigley (Wm.) Jr Co | 767 | |||||||||
TOTAL FOOD AND KINDRED PRODUCTS | 27,438 | ||||||||||
FOOD STORES - 0.23% | |||||||||||
97 | e | Arden Group, Inc (Class A) | 12 | ||||||||
1,203 | e | Great Atlantic & Pacific Tea Co, Inc | 31 | ||||||||
700 | Ingles Markets, Inc (Class A) | 21 | |||||||||
45,398 | Kroger Co | 1,047 | |||||||||
1,886 | e* | Panera Bread Co (Class A) | 106 | ||||||||
1,414 | * | Pantry, Inc | 66 | ||||||||
3,332 | e* | Pathmark Stores, Inc | 37 | ||||||||
2,557 | Ruddick Corp | 71 | |||||||||
13,045 | Supervalu, Inc | 466 | |||||||||
106 | Village Super Market (Class A) | 9 | |||||||||
611 | Weis Markets, Inc | 25 | |||||||||
8,728 | Whole Foods Market, Inc | 410 | |||||||||
2,108 | e* | Wild Oats Markets, Inc | 30 | ||||||||
TOTAL FOOD STORES | 2,331 | ||||||||||
25
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
FORESTRY - 0.13% | |||||||||||
4,673 | Rayonier, Inc | $ | 192 | ||||||||
15,586 | Weyerhaeuser Co | 1,101 | |||||||||
TOTAL FORESTRY | 1,293 | ||||||||||
FURNITURE AND FIXTURES - 0.30% | |||||||||||
1,843 | Ethan Allen Interiors, Inc | 67 | |||||||||
2,907 | e | Furniture Brands International, Inc | 47 | ||||||||
3,977 | Herman Miller, Inc | 145 | |||||||||
3,882 | Hillenbrand Industries, Inc | 221 | |||||||||
3,305 | HNI Corp | 147 | |||||||||
680 | e | Hooker Furniture Corp | 11 | ||||||||
3,257 | * | Interface, Inc (Class A) | 46 | ||||||||
12,260 | Johnson Controls, Inc | 1,053 | |||||||||
1,737 | Kimball International, Inc (Class B) | 42 | |||||||||
3,352 | e | La-Z-Boy, Inc | 40 | ||||||||
11,767 | Leggett & Platt, Inc | 281 | |||||||||
24,913 | Masco Corp | 744 | |||||||||
1,305 | Sealy Corp | 19 | |||||||||
3,095 | e* | Select Comfort Corp | 54 | ||||||||
778 | e | Stanley Furniture Co, Inc | 17 | ||||||||
2,894 | e* | Tempur-Pedic International, Inc | 59 | ||||||||
1,907 | e* | Williams Scotsman International, Inc | 37 | ||||||||
TOTAL FURNITURE AND FIXTURES | 3,030 | ||||||||||
FURNITURE AND HOMEFURNISHINGS STORES - 0.19% | |||||||||||
17,797 | * | Bed Bath & Beyond, Inc | 678 | ||||||||
11,465 | Circuit City Stores, Inc | 218 | |||||||||
1,370 | e* | Cost Plus, Inc | 14 | ||||||||
4,227 | e* | GameStop Corp (Class A) | 233 | ||||||||
1,692 | e* | Guitar Center, Inc | 77 | ||||||||
1,232 | e | Haverty Furniture Cos, Inc | 18 | ||||||||
2,157 | Knoll, Inc | 47 | |||||||||
3,326 | e* | Mohawk Industries, Inc | 249 | ||||||||
6,020 | e* | Pier 1 Imports, Inc | 36 | ||||||||
1,828 | e* | Restoration Hardware, Inc | 15 | ||||||||
4,902 | Steelcase, Inc (Class A) | 89 | |||||||||
1,789 | e | Tuesday Morning Corp | 28 | ||||||||
6,224 | e | Williams-Sonoma, Inc | 196 | ||||||||
TOTAL FURNITURE AND HOMEFURNISHINGS STORES | 1,898 | ||||||||||
GENERAL BUILDING CONTRACTORS - 0.36% | |||||||||||
115 | e | Amrep Corp | 14 | ||||||||
310 | e* | Avatar Holdings, Inc | 25 | ||||||||
2,556 | e | Beazer Homes USA, Inc | 120 | ||||||||
985 | e | Brookfield Homes Corp | 37 | ||||||||
413 | * | Cavco Industries, Inc | 14 | ||||||||
7,822 | Centex Corp | 440 | |||||||||
19,845 | DR Horton, Inc | 526 | |||||||||
3,109 | e* | Hovnanian Enterprises, Inc (Class A) | 105 | ||||||||
5,192 | KB Home | 266 | |||||||||
8,603 | Lennar Corp (Class A) | 451 | |||||||||
1,065 | e | Levitt Corp (Class A) | 13 | ||||||||
862 | e | M/I Homes, Inc | 33 | ||||||||
1,316 | McGrath RentCorp | 40 | |||||||||
2,061 | MDC Holdings, Inc | 118 | |||||||||
1,472 | e* | Meritage Homes Corp | 70 | ||||||||
294 | e* | NVR, Inc | 190 | ||||||||
1,250 | * | Palm Harbor Homes, Inc | 18 | ||||||||
1,414 | * | Perini Corp | 43 | ||||||||
13,220 | e | Pulte Homes, Inc | 438 | ||||||||
2,630 | e | Ryland Group, Inc | 144 |
26
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
4,272 | Standard-Pacific Corp | $ | 114 | ||||||||
397 | e* | Team, Inc | 14 | ||||||||
798 | e | Technical Olympic USA, Inc | 8 | ||||||||
8,177 | e* | Toll Brothers, Inc | 264 | ||||||||
2,645 | Walter Industries, Inc | 72 | |||||||||
2,352 | e* | WCI Communities, Inc | 45 | ||||||||
TOTAL GENERAL BUILDING CONTRACTORS | 3,622 | ||||||||||
GENERAL MERCHANDISE STORES - 1.67% | |||||||||||
2,874 | e* | 99 Cents Only Stores | 35 | ||||||||
6,733 | * | Big Lots, Inc | 154 | ||||||||
4,214 | * | BJ’s Wholesale Club, Inc | 131 | ||||||||
360 | e | Bon-Ton Stores, Inc | 12 | ||||||||
2,068 | e* | Cabela’s, Inc | 50 | ||||||||
3,355 | Casey’s General Stores, Inc | 79 | |||||||||
481 | e* | Conn’s, Inc | 11 | ||||||||
29,775 | Costco Wholesale Corp | 1,574 | |||||||||
3,877 | Dillard’s, Inc (Class A) | 136 | |||||||||
19,455 | Dollar General Corp | 312 | |||||||||
9,637 | Family Dollar Stores, Inc | 283 | |||||||||
35,089 | Federated Department Stores, Inc | 1,338 | |||||||||
2,720 | Fred’s, Inc | 33 | |||||||||
14,926 | JC Penney Co, Inc | 1,155 | |||||||||
1,292 | e* | Retail Ventures, Inc | 25 | ||||||||
8,388 | e | Saks, Inc | 150 | ||||||||
1,757 | Stein Mart, Inc | 23 | |||||||||
54,986 | Target Corp | 3,137 | |||||||||
29,011 | TJX Cos, Inc | 827 | |||||||||
155,912 | Wal-Mart Stores, Inc | 7,200 | |||||||||
TOTAL GENERAL MERCHANDISE STORES | 16,665 | ||||||||||
HEALTH SERVICES - 1.47% | |||||||||||
839 | * | Alliance Imaging, Inc | 6 | ||||||||
1,534 | e* | Amedisys, Inc | 50 | ||||||||
13,644 | AmerisourceBergen Corp | 613 | |||||||||
1,984 | * | Amsurg Corp | 46 | ||||||||
2,667 | * | Apria Healthcare Group, Inc | 71 | ||||||||
535 | e* | Bio-Reference Labs, Inc | 12 | ||||||||
788 | e | Brookdale Senior Living, Inc | 38 | ||||||||
28,114 | Caremark Rx, Inc | 1,606 | |||||||||
7,024 | Cigna Corp | 924 | |||||||||
6,188 | * | Community Health Systems, Inc | 226 | ||||||||
750 | * | Corvel Corp | 36 | ||||||||
2,831 | * | Covance, Inc | 167 | ||||||||
10,014 | * | Coventry Health Care, Inc | 501 | ||||||||
2,321 | * | Cross Country Healthcare, Inc | 51 | ||||||||
6,725 | * | DaVita, Inc | 382 | ||||||||
3,819 | * | Edwards Lifesciences Corp | 180 | ||||||||
300 | e* | Emeritus Corp | 7 | ||||||||
1,864 | e* | Enzo Biochem, Inc | 27 | ||||||||
7,243 | * | Express Scripts, Inc | 519 | ||||||||
2,040 | * | Five Star Quality Care, Inc | 23 | ||||||||
1,379 | * | Genesis HealthCare Corp | 65 | ||||||||
810 | e* | Genomic Health, Inc | 15 | ||||||||
1,497 | * | Gentiva Health Services, Inc | 29 | ||||||||
14,969 | Health Management Associates, Inc (Class A) | 316 | |||||||||
2,237 | e* | Healthways, Inc | 107 | ||||||||
696 | * | Horizon Health Corp | 14 | ||||||||
1,722 | e* | Hythiam, Inc | 16 | ||||||||
2,054 | * | Kindred Healthcare, Inc | 52 | ||||||||
8,043 | * | Laboratory Corp of America Holdings | 591 | ||||||||
1,383 | e | LCA-Vision, Inc | 47 | ||||||||
735 | * | LHC Group, Inc | 21 |
27
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | |||||||||
3,672 | * | LifePoint Hospitals, Inc | $ | 124 | ||||||||
5,765 | * | Lincare Holdings, Inc | 230 | |||||||||
2,394 | * | Magellan Health Services, Inc | 103 | |||||||||
4,595 | Manor Care, Inc | 216 | ||||||||||
1,371 | e* | Matria Healthcare, Inc | 39 | |||||||||
19,110 | McKesson Corp | 969 | ||||||||||
419 | * | Medcath Corp | 11 | |||||||||
19,049 | * | Medco Health Solutions, Inc | 1,018 | |||||||||
600 | e | National Healthcare Corp | 33 | |||||||||
5,807 | e* | Nektar Therapeutics | 88 | |||||||||
412 | e* | Nighthawk Radiology Holdings, Inc | 10 | |||||||||
2,544 | * | Odyssey HealthCare, Inc | 34 | |||||||||
7,718 | e | Omnicare, Inc | 298 | |||||||||
1,288 | e | Option Care, Inc | 18 | |||||||||
3,052 | * | Pediatrix Medical Group, Inc | 149 | |||||||||
6,515 | Pharmaceutical Product Development, Inc | 210 | ||||||||||
3,409 | * | Psychiatric Solutions, Inc | 128 | |||||||||
745 | e* | Radiation Therapy Services, Inc | 23 | |||||||||
1,200 | * | RehabCare Group, Inc | 18 | |||||||||
3,479 | * | Sierra Health Services, Inc | 125 | |||||||||
939 | e* | Stereotaxis, Inc | 10 | |||||||||
1,483 | * | Sun Healthcare Group, Inc | 19 | |||||||||
2,773 | e* | Sunrise Senior Living, Inc | 85 | |||||||||
1,167 | * | Symbion, Inc | 22 | |||||||||
30,068 | * | Tenet Healthcare Corp | 210 | |||||||||
5,498 | e* | Triad Hospitals, Inc | 230 | |||||||||
2,931 | * | United Surgical Partners International, Inc | 83 | |||||||||
2,659 | Universal Health Services, Inc (Class B) | 147 | ||||||||||
774 | e* | VistaCare, Inc (Class A) | 8 | |||||||||
40,596 | * | WellPoint, Inc | 3,194 | |||||||||
TOTAL HEALTH SERVICES | 14,610 | |||||||||||
HEAVY CONSTRUCTION, EXCEPT BUILDING - 0.02% | ||||||||||||
2,325 | Granite Construction, Inc | 117 | ||||||||||
1,322 | * | Matrix Service Co | 21 | |||||||||
576 | e* | Sterling Construction Co, Inc | 13 | |||||||||
TOTAL HEAVY CONSTRUCTION, EXCEPT BUILDING | 151 | |||||||||||
HOLDING AND OTHER INVESTMENT OFFICES - 3.24% | ||||||||||||
2,039 | Acadia Realty Trust | 51 | ||||||||||
2,052 | e* | Affiliated Managers Group, Inc | 216 | |||||||||
1,916 | * | Affordable Residential Communities LP | 22 | |||||||||
1,916 | e,v* | Affordable Residential Communities LP | — | ^ | ||||||||
505 | Agree Realty Corp | 17 | ||||||||||
42 | e* | Alexander’s, Inc | 18 | |||||||||
1,428 | Alexandria Real Estate Equities, Inc | 143 | ||||||||||
8,795 | e | Allied Capital Corp | 287 | |||||||||
5,664 | AMB Property Corp | 332 | ||||||||||
900 | American Campus Communities, Inc | 26 | ||||||||||
8,501 | American Financial Realty Trust | 97 | ||||||||||
2,812 | e | American Home Mortgage Investment Corp | 99 | |||||||||
13,391 | Annaly Mortgage Management, Inc | 186 | ||||||||||
3,218 | Anthracite Capital, Inc | 41 | ||||||||||
3,102 | Anworth Mortgage Asset Corp | 29 | ||||||||||
6,275 | Apartment Investment & Management Co (Class A) | 351 | ||||||||||
5,215 | Apollo Investment Corp | 117 | ||||||||||
850 | Arbor Realty Trust, Inc | 26 | ||||||||||
13,757 | Archstone-Smith Trust | 801 | ||||||||||
2,591 | Ashford Hospitality Trust, Inc | 32 | ||||||||||
4,819 | AvalonBay Communities, Inc | 627 | ||||||||||
3,602 | BioMed Realty Trust, Inc | 103 | ||||||||||
7,392 | e | Boston Properties, Inc | 827 | |||||||||
5,868 | Brandywine Realty Trust | 195 |
28
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
3,442 | BRE Properties, Inc (Class A) | $ | 224 | ||||||||
3,627 | Camden Property Trust | 268 | |||||||||
1,573 | Capital Lease Funding, Inc | 18 | |||||||||
190 | Capital Southwest Corp | 24 | |||||||||
800 | Capital Trust, Inc (Class A) | 40 | |||||||||
3,981 | CBL & Associates Properties, Inc | 173 | |||||||||
1,940 | Cedar Shopping Centers, Inc | 31 | |||||||||
700 | CentraCore Properties Trust | 23 | |||||||||
442 | Cherokee, Inc | 19 | |||||||||
2,945 | Colonial Properties Trust | 138 | |||||||||
840 | e | Compass Diversified Trust | 14 | ||||||||
2,299 | Corporate Office Properties Trust | 116 | |||||||||
2,443 | Cousins Properties, Inc | 86 | |||||||||
4,918 | Crescent Real Estate Equities Co | 97 | |||||||||
3,319 | Deerfield Triarc Capital Corp | 56 | |||||||||
7,195 | e | Developers Diversified Realty Corp | 453 | ||||||||
4,143 | DiamondRock Hospitality Co | 75 | |||||||||
1,202 | Digital Realty Trust, Inc | 41 | |||||||||
4,300 | Douglas Emmett, Inc | 114 | |||||||||
8,893 | Duke Realty Corp | 364 | |||||||||
1,377 | EastGroup Properties, Inc | 74 | |||||||||
2,300 | e | Education Realty Trust, Inc | 34 | ||||||||
204 | e* | Enstar Group, Inc | 20 | ||||||||
1,723 | Entertainment Properties Trust | 101 | |||||||||
3,491 | Equity Inns, Inc | 56 | |||||||||
967 | Equity Lifestyle Properties, Inc | 53 | |||||||||
23,597 | Equity Office Properties Trust | 1,137 | |||||||||
2,470 | e | Equity One, Inc | 66 | ||||||||
18,483 | Equity Residential | 938 | |||||||||
1,339 | Essex Property Trust, Inc | 173 | |||||||||
3,400 | Extra Space Storage, Inc | 62 | |||||||||
3,328 | e | Federal Realty Investment Trust | 283 | ||||||||
3,926 | FelCor Lodging Trust, Inc | 86 | |||||||||
3,283 | e | Fieldstone Investment Corp | 14 | ||||||||
2,899 | e | First Industrial Realty Trust, Inc | 136 | ||||||||
1,077 | First Potomac Realty Trust | 31 | |||||||||
3,189 | e | Franklin Street Properties Corp | 67 | ||||||||
9,089 | e | Friedman Billings Ramsey Group, Inc (Class A) | 73 | ||||||||
11,087 | General Growth Properties, Inc | 579 | |||||||||
1,193 | Getty Realty Corp | 37 | |||||||||
638 | e | Gladstone Capital Corp | 15 | ||||||||
1,072 | e | Gladstone Investment Corp | 16 | ||||||||
2,171 | e | Glimcher Realty Trust | 58 | ||||||||
1,007 | e | Global Signal, Inc | 53 | ||||||||
3,200 | GMH Communities Trust | 32 | |||||||||
1,100 | Gramercy Capital Corp | 34 | |||||||||
1,356 | * | Harris & Harris Group, Inc | 16 | ||||||||
12,321 | Health Care Property Investors, Inc | 454 | |||||||||
4,588 | Health Care REIT, Inc | 197 | |||||||||
3,212 | Healthcare Realty Trust, Inc | 127 | |||||||||
1,330 | Hersha Hospitality Trust | 15 | |||||||||
3,843 | Highland Hospitality Corp | 55 | |||||||||
3,647 | Highwoods Properties, Inc | 149 | |||||||||
2,273 | Home Properties, Inc | 135 | |||||||||
3,816 | e | HomeBanc Corp | 16 | ||||||||
4,570 | Hospitality Properties Trust | 217 | |||||||||
33,534 | Host Marriott Corp | 823 | |||||||||
13,475 | HRPT Properties Trust | 166 | |||||||||
5,056 | e | IMPAC Mortgage Holdings, Inc | 44 | ||||||||
4,513 | e | Inland Real Estate Corp | 84 | ||||||||
2,862 | Innkeepers U.S.A. Trust | 44 | |||||||||
3,315 | Investors Real Estate Trust | 34 | |||||||||
67,000 | iShares Russell 3000 Index Fund | 5,497 | |||||||||
7,312 | iStar Financial, Inc | 350 |
29
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,655 | JER Investors Trust, Inc | $ | 34 | ||||||||
2,062 | Kilroy Realty Corp | 161 | |||||||||
13,849 | Kimco Realty Corp | 623 | |||||||||
1,900 | Kite Realty Group Trust | 35 | |||||||||
4,408 | KKR Financial Corp | 118 | |||||||||
2,579 | LaSalle Hotel Properties | 118 | |||||||||
3,317 | Lexington Corporate Properties Trust | 74 | |||||||||
5,546 | e | Liberty Property Trust | 273 | ||||||||
1,314 | LTC Properties, Inc | 36 | |||||||||
2,561 | Luminent Mortgage Capital, Inc | 25 | |||||||||
4,628 | Macerich Co | 401 | |||||||||
3,822 | Mack-Cali Realty Corp | 195 | |||||||||
2,313 | Maguire Properties, Inc | 93 | |||||||||
2,550 | Medical Properties Trust, Inc | 39 | |||||||||
5,284 | MFA Mortgage Investments, Inc | 41 | |||||||||
1,526 | Mid-America Apartment Communities, Inc | 87 | |||||||||
3,769 | e* | Mills Corp | 75 | ||||||||
1,500 | e | MortgageIT Holdings, Inc | 22 | ||||||||
1,400 | National Health Investors, Inc | 46 | |||||||||
3,552 | National Retail Properties, Inc | 81 | |||||||||
4,557 | Nationwide Health Properties, Inc | 138 | |||||||||
2,944 | e | New Century Financial Corp | 93 | ||||||||
6,949 | e | New Plan Excel Realty Trust | 191 | ||||||||
2,873 | Newcastle Investment Corp | 90 | |||||||||
980 | Newkirk Realty Trust, Inc | 18 | |||||||||
1,752 | NorthStar Realty Finance Corp | 29 | |||||||||
1,737 | e | Novastar Financial, Inc | 46 | ||||||||
18,814 | NTL, Inc | 475 | |||||||||
4,121 | Omega Healthcare Investors, Inc | 73 | |||||||||
946 | e | Parkway Properties, Inc | 48 | ||||||||
2,448 | Pennsylvania Real Estate Investment Trust | 96 | |||||||||
11,920 | Plum Creek Timber Co, Inc | 475 | |||||||||
2,677 | Post Properties, Inc | 122 | |||||||||
2,494 | Potlatch Corp | 109 | |||||||||
15,511 | Prologis | 943 | |||||||||
1,073 | PS Business Parks, Inc | 76 | |||||||||
7,739 | Public Storage, Inc | 755 | |||||||||
1,730 | RAIT Investment Trust | 60 | |||||||||
992 | e | Ramco-Gershenson Properties | 38 | ||||||||
13,627 | * | Realogy Corp | 413 | ||||||||
5,400 | Realty Income Corp | 150 | |||||||||
5,491 | Reckson Associates Realty Corp | 250 | |||||||||
1,355 | Redwood Trust, Inc | 79 | |||||||||
4,304 | Regency Centers Corp | 336 | |||||||||
1,640 | Republic Property Trust | 19 | |||||||||
700 | Saul Centers, Inc | 39 | |||||||||
3,728 | Senior Housing Properties Trust | 91 | |||||||||
14,156 | Simon Property Group, Inc | 1,434 | |||||||||
2,809 | SL Green Realty Corp | 373 | |||||||||
1,302 | Sovran Self Storage, Inc | 75 | |||||||||
5,313 | Spirit Finance Corp | 66 | |||||||||
700 | e* | Star Maritime Acquisition Corp | 7 | ||||||||
4,727 | Strategic Hotels & Resorts, Inc | 103 | |||||||||
1,069 | Sun Communities, Inc | 35 | |||||||||
3,736 | Sunstone Hotel Investors, Inc | 100 | |||||||||
1,844 | Tanger Factory Outlet Centers, Inc | 72 | |||||||||
687 | e | Tarragon Corp | 8 | ||||||||
3,403 | Taubman Centers, Inc | 173 | |||||||||
7,258 | Thornburg Mortgage, Inc | 182 | |||||||||
4,211 | e | Trustreet Properties, Inc | 71 | ||||||||
8,850 | United Dominion Realty Trust, Inc | 281 | |||||||||
1,095 | Universal Health Realty Income Trust | 43 | |||||||||
1,407 | Urstadt Biddle Properties, Inc (Class A) | 27 | |||||||||
3,042 | U-Store-It Trust | 63 |
30
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
6,504 | Ventas, Inc | $ | 275 | ||||||||
7,792 | Vornado Realty Trust | 947 | |||||||||
2,850 | Washington Real Estate Investment Trust | 114 | |||||||||
5,176 | Weingarten Realty Investors | 239 | |||||||||
2,315 | Winston Hotels, Inc | 31 | |||||||||
1,485 | Winthrop Realty Trust | 10 | |||||||||
TOTAL HOLDING AND OTHER INVESTMENT OFFICES | 32,226 | ||||||||||
HOTELS AND OTHER LODGING PLACES - 0.58% | |||||||||||
1,418 | Ameristar Casinos, Inc | 44 | |||||||||
2,086 | * | Aztar Corp | 114 | ||||||||
1,131 | e* | Bluegreen Corp | 14 | ||||||||
2,948 | Boyd Gaming Corp | 134 | |||||||||
2,172 | Choice Hotels International, Inc | 91 | |||||||||
2,696 | * | Gaylord Entertainment Co | 137 | ||||||||
1,718 | * | Great Wolf Resorts, Inc | 24 | ||||||||
24,789 | Hilton Hotels Corp | 865 | |||||||||
1,142 | e* | Isle of Capri Casinos, Inc | 30 | ||||||||
8,925 | * | Las Vegas Sands Corp | 799 | ||||||||
920 | * | Lodgian, Inc | 12 | ||||||||
1,242 | Marcus Corp | 32 | |||||||||
21,749 | Marriott International, Inc (Class A) | 1,038 | |||||||||
7,706 | * | MGM Mirage | 442 | ||||||||
604 | * | Monarch Casino & Resort, Inc | 14 | ||||||||
1,158 | e* | Morgans Hotel Group Co | 20 | ||||||||
821 | e* | Outdoor Channel Holdings, Inc | 11 | ||||||||
566 | * | Riviera Holdings Corp | 14 | ||||||||
13,711 | Starwood Hotels & Resorts Worldwide, Inc | 857 | |||||||||
3,148 | Station Casinos, Inc | 257 | |||||||||
1,798 | e* | Trump Entertainment Resorts, Inc | 33 | ||||||||
2,055 | e* | Vail Resorts, Inc | 92 | ||||||||
12,741 | * | Wyndham Worldwide Corp | 408 | ||||||||
3,169 | e | Wynn Resorts Ltd | 297 | ||||||||
TOTAL HOTELS AND OTHER LODGING PLACES | 5,779 | ||||||||||
INDUSTRIAL MACHINERY AND EQUIPMENT - 7.34% | |||||||||||
47,811 | 3M Co | 3,726 | |||||||||
676 | Aaon, Inc | 18 | |||||||||
1,797 | e | Actuant Corp (Class A) | 86 | ||||||||
5,864 | * | AGCO Corp | 181 | ||||||||
1,703 | Albany International Corp (Class A) | 56 | |||||||||
895 | e* | Allis-Chalmers Energy, Inc | 21 | ||||||||
11,480 | e | American Standard Cos, Inc | 526 | ||||||||
475 | Ampco-Pittsburgh Corp | 16 | |||||||||
87,043 | Applied Materials, Inc | 1,606 | |||||||||
1,200 | e* | Astec Industries, Inc | 42 | ||||||||
1,361 | e* | ASV, Inc | 22 | ||||||||
3,264 | * | Asyst Technologies, Inc | 24 | ||||||||
7,081 | * | Axcelis Technologies, Inc | 41 | ||||||||
4,838 | Black & Decker Corp | 387 | |||||||||
981 | Black Box Corp | 41 | |||||||||
2,004 | e* | Blount International, Inc | 27 | ||||||||
3,368 | e | Briggs & Stratton Corp | 91 | ||||||||
5,171 | * | Brooks Automation, Inc | 75 | ||||||||
2,058 | Bucyrus International, Inc (Class A) | 107 | |||||||||
1,900 | Carlisle Cos, Inc | 149 | |||||||||
674 | Cascade Corp | 36 | |||||||||
42,367 | Caterpillar, Inc | 2,598 | |||||||||
3,633 | CDW Corp | 256 | |||||||||
5,864 | * | Cirrus Logic, Inc | 40 | ||||||||
1,162 | * | Columbus McKinnon Corp | 24 | ||||||||
3,015 | Cummins, Inc | 356 | |||||||||
2,836 | Curtiss-Wright Corp | 105 |
31
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
2,481 | * | Cymer, Inc | $ | 109 | |||||||
14,924 | Deere & Co | 1,419 | |||||||||
146,373 | * | Dell, Inc | 3,673 | ||||||||
4,361 | Diebold, Inc | 203 | |||||||||
4,851 | Donaldson Co, Inc | 168 | |||||||||
12,837 | Dover Corp | 629 | |||||||||
2,002 | e* | Dresser-Rand Group, Inc | 49 | ||||||||
1,630 | * | Dril-Quip, Inc | 64 | ||||||||
9,502 | Eaton Corp | 714 | |||||||||
3,700 | * | Electronics for Imaging, Inc | 98 | ||||||||
140,708 | * | EMC Corp | 1,857 | ||||||||
5,455 | * | Emulex Corp | 106 | ||||||||
981 | e* | ENGlobal Corp | 6 | ||||||||
1,375 | * | EnPro Industries, Inc | 46 | ||||||||
8,875 | * | Entegris, Inc | 96 | ||||||||
7,347 | * | Extreme Networks, Inc | 31 | ||||||||
909 | e* | Flanders Corp | 9 | ||||||||
3,680 | * | Flowserve Corp | 186 | ||||||||
4,366 | * | FMC Technologies, Inc | 269 | ||||||||
3,376 | * | Gardner Denver, Inc | 126 | ||||||||
15,479 | e* | Gateway, Inc | 31 | ||||||||
673 | * | Gehl Co | 19 | ||||||||
660,489 | d | General Electric Co | 24,577 | ||||||||
3,050 | * | Global Imaging Systems, Inc | 67 | ||||||||
1,504 | e* | Goodman Global, Inc | 26 | ||||||||
841 | Gorman-Rupp Co | 31 | |||||||||
4,528 | e | Graco, Inc | 179 | ||||||||
8,523 | * | Grant Prideco, Inc | 339 | ||||||||
177,675 | Hewlett-Packard Co | 7,318 | |||||||||
1,076 | * | Hydril | 81 | ||||||||
3,430 | IDEX Corp | 163 | |||||||||
3,395 | e* | Intermec, Inc | 82 | ||||||||
98,350 | International Business Machines Corp | 9,555 | |||||||||
21,862 | International Game Technology | 1,010 | |||||||||
1,163 | * | Intevac, Inc | 30 | ||||||||
11,645 | Jabil Circuit, Inc | 286 | |||||||||
7,920 | Joy Global, Inc | 383 | |||||||||
993 | * | Kadant, Inc | 24 | ||||||||
1,979 | Kaydon Corp | 79 | |||||||||
2,629 | Kennametal, Inc | 155 | |||||||||
1,974 | * | Komag, Inc | 75 | ||||||||
3,600 | * | Kulicke & Soffa Industries, Inc | 30 | ||||||||
9,062 | * | Lam Research Corp | 459 | ||||||||
659 | e* | LB Foster Co (Class A) | 17 | ||||||||
3,798 | Lennox International, Inc | 116 | |||||||||
6,548 | * | Lexmark International, Inc (Class A) | 479 | ||||||||
700 | e | Lindsay Manufacturing Co | 23 | ||||||||
949 | Lufkin Industries, Inc | 55 | |||||||||
4,030 | Manitowoc Co, Inc | 240 | |||||||||
2,549 | * | Micros Systems, Inc | 134 | ||||||||
430 | e* | Middleby Corp | 45 | ||||||||
2,342 | Modine Manufacturing Co | 59 | |||||||||
381 | Nacco Industries, Inc (Class A) | 52 | |||||||||
937 | * | NATCO Group, Inc (Class A) | 30 | ||||||||
2,164 | * | Netgear, Inc | 57 | ||||||||
1,000 | NN, Inc | 12 | |||||||||
1,891 | Nordson Corp | 94 | |||||||||
3,203 | * | Oil States International, Inc | 103 | ||||||||
7,666 | Pall Corp | 265 | |||||||||
5,810 | e* | Palm, Inc | 82 | ||||||||
7,579 | Parker Hannifin Corp | 583 | |||||||||
2,653 | * | Paxar Corp | 61 | ||||||||
1,773 | e* | ProQuest Co | 19 | ||||||||
12,525 | * | Quantum Corp | 29 |
32
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | |||||||||
1,782 | e* | Rackable Systems, Inc | $ | 55 | ||||||||
1,335 | * | RBC Bearings, Inc | 38 | |||||||||
600 | Robbins & Myers, Inc | 28 | ||||||||||
11,439 | Rockwell Automation, Inc | 699 | ||||||||||
7,798 | * | Safeguard Scientifics, Inc | 19 | |||||||||
13,694 | * | SanDisk Corp | 589 | |||||||||
744 | Sauer-Danfoss, Inc | 24 | ||||||||||
1,742 | * | Scansource, Inc | 53 | |||||||||
4,306 | * | Scientific Games Corp (Class A) | 130 | |||||||||
16,448 | v* | Seagate Technology, Inc | — | ^ | ||||||||
1,100 | e* | Semitool, Inc | 15 | |||||||||
1,425 | e* | Sigma Designs, Inc | 36 | |||||||||
13,801 | e | Smith International, Inc | 567 | |||||||||
59,015 | * | Solectron Corp | 190 | |||||||||
3,849 | SPX Corp | 235 | ||||||||||
800 | Standex International Corp | 24 | ||||||||||
4,979 | Stanley Works | 250 | ||||||||||
16,219 | * | Symbol Technologies, Inc | 242 | |||||||||
1,000 | e* | Tecumseh Products Co (Class A) | 17 | |||||||||
1,200 | Tennant Co | 35 | ||||||||||
6,400 | * | Terex Corp | 413 | |||||||||
5,313 | Timken Co | 155 | ||||||||||
2,690 | Toro Co | 125 | ||||||||||
881 | e* | TurboChef Technologies, Inc | 15 | |||||||||
1,608 | e* | Ultratech, Inc | 20 | |||||||||
4,015 | e* | VA Software Corp | 20 | |||||||||
8,294 | * | Varian Medical Systems, Inc | 395 | |||||||||
2,504 | * | VeriFone Holdings, Inc | 89 | |||||||||
1,794 | e | Watsco, Inc | 85 | |||||||||
13,792 | * | Western Digital Corp | 282 | |||||||||
2,025 | Woodward Governor Co | 80 | ||||||||||
4,449 | * | Zebra Technologies Corp (Class A) | 155 | |||||||||
TOTAL INDUSTRIAL MACHINERY AND EQUIPMENT | 73,149 | |||||||||||
INSTRUMENTS AND RELATED PRODUCTS - 4.21% | ||||||||||||
1,214 | * | Abaxis, Inc | 23 | |||||||||
1,059 | e* | Abiomed, Inc | 15 | |||||||||
3,672 | * | Advanced Medical Optics, Inc | 129 | |||||||||
4,200 | e* | Affymetrix, Inc | 97 | |||||||||
26,967 | * | Agilent Technologies, Inc | 940 | |||||||||
3,618 | e* | Align Technology, Inc | 51 | |||||||||
9,470 | Allergan, Inc | 1,134 | ||||||||||
4,631 | e* | American Medical Systems Holdings, Inc | 86 | |||||||||
543 | e* | American Science & Engineering, Inc | 32 | |||||||||
928 | Analogic Corp | 52 | ||||||||||
1,600 | * | Anaren, Inc | 28 | |||||||||
774 | * | Angiodynamics, Inc | 17 | |||||||||
11,925 | Applera Corp (Applied Biosystems Group) | 438 | ||||||||||
600 | e* | Argon ST, Inc | 13 | |||||||||
1,933 | * | Armor Holdings, Inc | 106 | |||||||||
1,344 | Arrow International, Inc | 48 | ||||||||||
1,690 | e* | Arthrocare Corp | 67 | |||||||||
1,087 | e* | Aspect Medical Systems, Inc | 20 | |||||||||
742 | e | Badger Meter, Inc | 21 | |||||||||
6,676 | Bard (C.R.), Inc | 554 | ||||||||||
3,462 | e | Bausch & Lomb, Inc | 180 | |||||||||
41,621 | Baxter International, Inc | 1,931 | ||||||||||
3,852 | Beckman Coulter, Inc | 230 | ||||||||||
15,647 | Becton Dickinson & Co | 1,098 | ||||||||||
15,465 | Biomet, Inc | 638 | ||||||||||
1,200 | * | Bio-Rad Laboratories, Inc (Class A) | 99 | |||||||||
1,130 | e* | Biosite, Inc | 55 | |||||||||
78,183 | * | Boston Scientific Corp | 1,343 | |||||||||
1,542 | * | Bruker BioSciences Corp | 12 |
33
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,510 | * | Candela Corp | $ | 19 | |||||||
2,899 | e* | Cepheid, Inc | 25 | ||||||||
1,768 | e* | Cerus Corp | 10 | ||||||||
2,100 | * | Coherent, Inc | 66 | ||||||||
1,500 | Cohu, Inc | 30 | |||||||||
1,940 | * | Conmed Corp | 45 | ||||||||
2,953 | e | Cooper Cos, Inc | 131 | ||||||||
5,665 | e* | Credence Systems Corp | 29 | ||||||||
1,543 | e* | Cyberonics, Inc | 32 | ||||||||
15,275 | Danaher Corp | 1,107 | |||||||||
800 | Datascope Corp | 29 | |||||||||
9,800 | Dentsply International, Inc | 293 | |||||||||
2,325 | e* | Depomed, Inc | 8 | ||||||||
1,099 | e* | DexCom, Inc | 11 | ||||||||
1,255 | * | Dionex Corp | 71 | ||||||||
1,467 | * | DJ Orthopedics, Inc | 63 | ||||||||
2,562 | e | DRS Technologies, Inc | 135 | ||||||||
462 | * | Eagle Test Systems, Inc | 7 | ||||||||
18,715 | e | Eastman Kodak Co | 483 | ||||||||
1,002 | e | EDO Corp | 24 | ||||||||
1,718 | * | ESCO Technologies, Inc | 78 | ||||||||
1,694 | * | Esterline Technologies Corp | 68 | ||||||||
719 | e* | ev3, Inc | 12 | ||||||||
833 | * | Excel Technology, Inc | 21 | ||||||||
1,709 | e* | FEI Co | 45 | ||||||||
4,309 | e* | Flir Systems, Inc | 137 | ||||||||
2,946 | * | Formfactor, Inc | 110 | ||||||||
2,463 | * | Fossil, Inc | 56 | ||||||||
1,217 | * | Foxhollow Technologies, Inc | 26 | ||||||||
1,733 | * | Haemonetics Corp | 78 | ||||||||
2,292 | * | HealthTronics, Inc | 15 | ||||||||
850 | * | Herley Industries, Inc | 14 | ||||||||
2,934 | * | Hologic, Inc | 139 | ||||||||
919 | * | ICU Medical, Inc | 37 | ||||||||
1,260 | * | I-Flow Corp | 19 | ||||||||
1,400 | * | II-VI, Inc | 39 | ||||||||
2,696 | * | Illumina, Inc | 106 | ||||||||
4,300 | e* | Input/Output, Inc | 59 | ||||||||
1,332 | * | Integra LifeSciences Holdings Corp | 57 | ||||||||
1,355 | * | Intralase Corp | 30 | ||||||||
2,329 | e* | Intuitive Surgical, Inc | 223 | ||||||||
2,044 | Invacare Corp | 50 | |||||||||
1,673 | e* | Ionatron, Inc | 7 | ||||||||
1,083 | * | IRIS International, Inc | 14 | ||||||||
1,741 | e* | Itron, Inc | 90 | ||||||||
2,194 | * | Ixia | 21 | ||||||||
187,793 | Johnson & Johnson | 12,398 | |||||||||
520 | e* | Kensey Nash Corp | 17 | ||||||||
12,536 | Kla-Tencor Corp | 624 | |||||||||
4,991 | * | Kopin Corp | 18 | ||||||||
2,840 | e* | Kyphon, Inc | 115 | ||||||||
4,151 | e* | L-1 Identity Solutions, Inc | 63 | ||||||||
4,233 | * | LTX Corp | 24 | ||||||||
742 | e* | Measurement Specialties, Inc | 16 | ||||||||
582 | * | Medical Action Industries, Inc | 19 | ||||||||
76,525 | Medtronic, Inc | 4,095 | |||||||||
2,502 | e | Mentor Corp | 122 | ||||||||
1,469 | * | Merit Medical Systems, Inc | 23 | ||||||||
2,475 | * | Mettler-Toledo International, Inc | 195 | ||||||||
3,429 | e* | Millipore Corp | 228 | ||||||||
1,938 | Mine Safety Appliances Co | 71 | |||||||||
2,254 | * | MKS Instruments, Inc | 51 | ||||||||
1,101 | * | Molecular Devices Corp | 23 | ||||||||
1,178 | Movado Group, Inc | 34 |
34
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,408 | MTS Systems Corp | $ | 54 | ||||||||
3,725 | National Instruments Corp | 101 | |||||||||
1,185 | e* | Natus Medical, Inc | 20 | ||||||||
801 | e* | Neurometrix, Inc | 12 | ||||||||
2,716 | * | Newport Corp | 57 | ||||||||
398 | * | Nextest Systems Corp | 4 | ||||||||
710 | * | Northstar Neuroscience, Inc | 10 | ||||||||
2,136 | * | NuVasive, Inc | 49 | ||||||||
794 | e* | NxStage Medical, Inc | 7 | ||||||||
1,667 | e | Oakley, Inc | 33 | ||||||||
246 | e* | OYO Geospace Corp | 14 | ||||||||
1,140 | e* | Palomar Medical Technologies, Inc | 58 | ||||||||
8,180 | PerkinElmer, Inc | 182 | |||||||||
1,200 | * | Photon Dynamics, Inc | 14 | ||||||||
14,021 | e | Pitney Bowes, Inc | 648 | ||||||||
1,626 | PolyMedica Corp | 66 | |||||||||
2,550 | e* | RAE Systems, Inc | 8 | ||||||||
4,869 | * | Resmed, Inc | 240 | ||||||||
4,842 | * | Respironics, Inc | 183 | ||||||||
10,903 | Rockwell Collins, Inc | 690 | |||||||||
1,037 | * | Rofin-Sinar Technologies, Inc | 63 | ||||||||
5,730 | Roper Industries, Inc | 288 | |||||||||
1,464 | * | Rudolph Technologies, Inc | 23 | ||||||||
3,325 | e* | Sirf Technology Holdings, Inc | 85 | ||||||||
1,080 | Sirona Dental Systems, Inc | 42 | |||||||||
1,305 | * | Sonic Solutions, Inc | 21 | ||||||||
957 | e* | SonoSite, Inc | 30 | ||||||||
1,958 | * | Spectranetics Corp | 22 | ||||||||
22,917 | e* | St. Jude Medical, Inc | 838 | ||||||||
4,504 | STERIS Corp | 113 | |||||||||
19,295 | Stryker Corp | 1,063 | |||||||||
2,227 | * | Symmetry Medical, Inc | 31 | ||||||||
2,400 | e* | Techne Corp | 133 | ||||||||
5,600 | Tektronix, Inc | 163 | |||||||||
2,183 | * | Teledyne Technologies, Inc | 88 | ||||||||
12,883 | * | Teradyne, Inc | 193 | ||||||||
26,428 | * | Thermo Electron Corp | 1,197 | ||||||||
3,100 | e* | ThermoGenesis Corp | 13 | ||||||||
3,422 | e* | Thoratec Corp | 60 | ||||||||
3,521 | * | Trimble Navigation Ltd | 179 | ||||||||
688 | e | United Industrial Corp | 35 | ||||||||
2,110 | * | Varian, Inc | 94 | ||||||||
1,820 | * | Veeco Instruments, Inc | 34 | ||||||||
2,000 | * | Ventana Medical Systems, Inc | 86 | ||||||||
1,897 | * | Viasys Healthcare, Inc | 53 | ||||||||
828 | e* | Vital Images, Inc | 29 | ||||||||
400 | Vital Signs, Inc | 20 | |||||||||
6,718 | * | Waters Corp | 329 | ||||||||
2,200 | * | Wright Medical Group, Inc | 51 | ||||||||
59,218 | * | Xerox Corp | 1,004 | ||||||||
1,200 | e | X-Rite, Inc | 15 | ||||||||
311 | Young Innovations, Inc | 10 | |||||||||
15,736 | * | Zimmer Holdings, Inc | 1,233 | ||||||||
600 | * | Zoll Medical Corp | 35 | ||||||||
1,176 | * | Zygo Corp | 19 | ||||||||
TOTAL INSTRUMENTS AND RELATED PRODUCTS | 41,904 | ||||||||||
INSURANCE AGENTS, BROKERS AND SERVICE - 0.43% | |||||||||||
20,150 | AON Corp | 712 | |||||||||
7,308 | Brown & Brown, Inc | 206 | |||||||||
1,019 | Clark, Inc | 17 | |||||||||
2,076 | Crawford & Co (Class B) | 15 | |||||||||
6,200 | e | Gallagher (Arthur J.) & Co | 183 | ||||||||
19,238 | Hartford Financial Services Group, Inc | 1,795 |
35
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
2,336 | Hilb Rogal & Hobbs Co | $ | 99 | ||||||||
572 | James River Group, Inc | 19 | |||||||||
34,578 | Marsh & McLennan Cos, Inc | 1,060 | |||||||||
2,320 | National Financial Partners Corp | 102 | |||||||||
3,049 | * | USI Holdings Corp | 47 | ||||||||
TOTAL INSURANCE AGENTS, BROKERS AND SERVICE | 4,255 | ||||||||||
INSURANCE CARRIERS - 4.61% | |||||||||||
2,172 | 21st Century Insurance Group | 38 | |||||||||
33,451 | Aetna, Inc | 1,444 | |||||||||
676 | Affirmative Insurance Holdings, Inc | 11 | |||||||||
31,546 | Aflac, Inc | 1,451 | |||||||||
2,273 | Alfa Corp | 43 | |||||||||
334 | * | Alleghany Corp | 121 | ||||||||
40,465 | Allstate Corp | 2,635 | |||||||||
6,619 | Ambac Financial Group, Inc | 590 | |||||||||
3,620 | e | American Equity Investment Life Holding Co | 47 | ||||||||
5,443 | American Financial Group, Inc | 195 | |||||||||
139,711 | American International Group, Inc | 10,012 | |||||||||
615 | American National Insurance Co | 70 | |||||||||
978 | * | American Physicians Capital, Inc | 39 | ||||||||
3,440 | * | AMERIGROUP Corp | 123 | ||||||||
1,866 | * | Argonaut Group, Inc | 65 | ||||||||
8,248 | e | Assurant, Inc | 456 | ||||||||
625 | Baldwin & Lyons, Inc (Class B) | 16 | |||||||||
1,052 | Bristol West Holdings, Inc | 17 | |||||||||
2,823 | * | Centene Corp | 69 | ||||||||
26,449 | Chubb Corp | 1,399 | |||||||||
9,813 | Cincinnati Financial Corp | 445 | |||||||||
1,505 | e* | CNA Financial Corp | 61 | ||||||||
1,100 | * | CNA Surety Corp | 24 | ||||||||
3,534 | Commerce Group, Inc | 105 | |||||||||
10,017 | * | Conseco, Inc | 200 | ||||||||
2,592 | Delphi Financial Group, Inc (Class A) | 105 | |||||||||
900 | Direct General Corp | 19 | |||||||||
850 | Donegal Group, Inc (Class A) | 17 | |||||||||
168 | e | EMC Insurance Group, Inc | 6 | ||||||||
3,457 | Erie Indemnity Co (Class A) | 200 | |||||||||
881 | FBL Financial Group, Inc (Class A) | 34 | |||||||||
13,156 | Fidelity National Title Group, Inc (Class A) | 314 | |||||||||
1,175 | e* | First Acceptance Corp | 13 | ||||||||
5,326 | First American Corp | 217 | |||||||||
558 | * | Fpic Insurance Group, Inc | 22 | ||||||||
28,526 | Genworth Financial, Inc (Class A) | 976 | |||||||||
500 | Great American Financial Resources, Inc | 12 | |||||||||
3,274 | Hanover Insurance Group, Inc | 160 | |||||||||
839 | Harleysville Group, Inc | 29 | |||||||||
7,008 | HCC Insurance Holdings, Inc | 225 | |||||||||
7,094 | * | Health Net, Inc | 345 | ||||||||
1,750 | * | HealthExtras, Inc | 42 | ||||||||
1,202 | * | Healthspring, Inc | 24 | ||||||||
2,970 | Horace Mann Educators Corp | 60 | |||||||||
10,571 | * | Humana, Inc | 585 | ||||||||
423 | Independence Holding Co | 9 | |||||||||
1,436 | Infinity Property & Casualty Corp | 69 | |||||||||
314 | Kansas City Life Insurance Co | 16 | |||||||||
1,114 | e | LandAmerica Financial Group, Inc | 70 | ||||||||
10,535 | Leucadia National Corp | 297 | |||||||||
18,133 | Lincoln National Corp | 1,204 | |||||||||
28,573 | Loews Corp | 1,185 | |||||||||
561 | * | Markel Corp | 269 | ||||||||
8,606 | e | MBIA, Inc | 629 | ||||||||
1,665 | * | Meadowbrook Insurance Group, Inc | 16 | ||||||||
1,767 | Mercury General Corp | 93 |
36
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
29,206 | Metlife, Inc | $ | 1,723 | ||||||||
5,283 | e | MGIC Investment Corp | 330 | ||||||||
742 | Midland Co | 31 | |||||||||
720 | e* | Molina Healthcare, Inc | 23 | ||||||||
1,024 | National Interstate Corp | 25 | |||||||||
154 | National Western Life Insurance Co (Class A) | 35 | |||||||||
3,152 | Nationwide Financial Services, Inc (Class A) | 171 | |||||||||
838 | * | Navigators Group, Inc | 40 | ||||||||
376 | NYMAGIC, Inc | 14 | |||||||||
846 | Odyssey Re Holdings Corp | 32 | |||||||||
4,060 | Ohio Casualty Corp | 121 | |||||||||
14,741 | Old Republic International Corp | 343 | |||||||||
3,636 | * | Philadelphia Consolidated Holding Co | 162 | ||||||||
7,094 | Phoenix Cos, Inc | 113 | |||||||||
1,846 | * | PMA Capital Corp (Class A) | 17 | ||||||||
5,465 | PMI Group, Inc | 258 | |||||||||
1,393 | Presidential Life Corp | 31 | |||||||||
17,572 | Principal Financial Group | 1,032 | |||||||||
2,003 | * | ProAssurance Corp | 100 | ||||||||
49,587 | Progressive Corp | 1,201 | |||||||||
4,643 | Protective Life Corp | 221 | |||||||||
31,125 | Prudential Financial, Inc | 2,672 | |||||||||
5,032 | Radian Group, Inc | 271 | |||||||||
1,878 | Reinsurance Group Of America, Inc | 105 | |||||||||
1,557 | RLI Corp | 88 | |||||||||
7,468 | Safeco Corp | 467 | |||||||||
784 | Safety Insurance Group, Inc | 40 | |||||||||
646 | * | SCPIE Holdings, Inc | 17 | ||||||||
999 | * | SeaBright Insurance Holdings, Inc | 18 | ||||||||
1,800 | Selective Insurance Group, Inc | 103 | |||||||||
44,205 | St. Paul Travelers Cos, Inc | 2,373 | |||||||||
3,673 | Stancorp Financial Group, Inc | 166 | |||||||||
913 | State Auto Financial Corp | 32 | |||||||||
1,214 | Stewart Information Services Corp | 53 | |||||||||
6,253 | e | Torchmark Corp | 399 | ||||||||
1,074 | Tower Group, Inc | 33 | |||||||||
1,735 | Transatlantic Holdings, Inc | 108 | |||||||||
648 | * | Triad Guaranty, Inc | 36 | ||||||||
1,337 | United Fire & Casualty Co | 47 | |||||||||
85,342 | UnitedHealth Group, Inc | 4,585 | |||||||||
3,055 | Unitrin, Inc | 153 | |||||||||
2,474 | * | Universal American Financial Corp | 46 | ||||||||
21,288 | UnumProvident Corp | 442 | |||||||||
10,431 | W.R. Berkley Corp | 360 | |||||||||
2,061 | * | WellCare Health Plans, Inc | 142 | ||||||||
91 | Wesco Financial Corp | 42 | |||||||||
2,375 | Zenith National Insurance Corp | 111 | |||||||||
TOTAL INSURANCE CARRIERS | 45,870 | ||||||||||
JUSTICE, PUBLIC ORDER AND SAFETY - 0.02% | |||||||||||
3,954 | * | Corrections Corp of America | 179 | ||||||||
1,248 | * | Geo Group, Inc | 47 | ||||||||
TOTAL JUSTICE, PUBLIC ORDER AND SAFETY | 226 | ||||||||||
LEATHER AND LEATHER PRODUCTS - 0.14% | |||||||||||
24,462 | * | Coach, Inc | 1,051 | ||||||||
634 | e* | CROCS, Inc | 27 | ||||||||
1,554 | * | Genesco, Inc | 58 | ||||||||
2,283 | * | Iconix Brand Group, Inc | 44 | ||||||||
1,333 | Steven Madden Ltd | 47 | |||||||||
2,909 | * | Timberland Co (Class A) | 92 | ||||||||
378 | Weyco Group, Inc | 9 |
37
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
3,523 | Wolverine World Wide, Inc | $ | 101 | ||||||||
TOTAL LEATHER AND LEATHER PRODUCTS | 1,429 | ||||||||||
LEGAL SERVICES - 0.01% | |||||||||||
2,772 | e* | FTI Consulting, Inc | 77 | ||||||||
852 | e* | Pre-Paid Legal Services, Inc | 34 | ||||||||
TOTAL LEGAL SERVICES | 111 | ||||||||||
LOCAL AND INTERURBAN PASSENGER TRANSIT - 0.02% | |||||||||||
5,195 | Laidlaw International, Inc | 158 | |||||||||
TOTAL LOCAL AND INTERURBAN PASSENGER TRANSIT | 158 | ||||||||||
LUMBER AND WOOD PRODUCTS - 0.03% | |||||||||||
660 | e | American Woodmark Corp | 27 | ||||||||
4,900 | * | Champion Enterprises, Inc | 46 | ||||||||
742 | Deltic Timber Corp | 41 | |||||||||
6,963 | Louisiana-Pacific Corp | 150 | |||||||||
442 | Skyline Corp | 18 | |||||||||
979 | Universal Forest Products, Inc | 46 | |||||||||
TOTAL LUMBER AND WOOD PRODUCTS | 328 | ||||||||||
METAL MINING - 0.40% | |||||||||||
2,964 | e | Cleveland-Cliffs, Inc | 143 | ||||||||
17,376 | e* | Coeur d’Alene Mines Corp | 86 | ||||||||
2,939 | Foundation Coal Holdings, Inc | 93 | |||||||||
12,118 | Freeport-McMoRan Copper & Gold, Inc (Class B) | 675 | |||||||||
5,720 | e* | Hecla Mining Co | 44 | ||||||||
26,724 | Newmont Mining Corp | 1,207 | |||||||||
12,940 | Phelps Dodge Corp | 1,549 | |||||||||
3,261 | e* | Rosetta Resources, Inc | 61 | ||||||||
1,140 | e | Royal Gold, Inc | 41 | ||||||||
874 | e | Southern Copper Corp | 47 | ||||||||
1,968 | e* | Stillwater Mining Co | 25 | ||||||||
TOTAL METAL MINING | 3,971 | ||||||||||
MISCELLANEOUS MANUFACTURING INDUSTRIES - 0.22% | |||||||||||
2,000 | Blyth, Inc | 41 | |||||||||
4,691 | Callaway Golf Co | 68 | |||||||||
2,509 | Daktronics, Inc | 92 | |||||||||
9,381 | e | Fortune Brands, Inc | 801 | ||||||||
10,324 | Hasbro, Inc | 281 | |||||||||
1,657 | * | Jakks Pacific, Inc | 36 | ||||||||
3,216 | * | K2, Inc | 42 | ||||||||
1,066 | e | Marine Products Corp | 13 | ||||||||
24,326 | Mattel, Inc | 551 | |||||||||
2,137 | Nautilus, Inc | 30 | |||||||||
2,416 | e* | Progressive Gaming International Corp | 22 | ||||||||
1,217 | * | RC2 Corp | 54 | ||||||||
700 | * | Russ Berrie & Co, Inc | 11 | ||||||||
2,343 | * | Shuffle Master, Inc | 61 | ||||||||
467 | * | Steinway Musical Instruments, Inc | 15 | ||||||||
2,613 | Yankee Candle Co, Inc | 90 | |||||||||
TOTAL MISCELLANEOUS MANUFACTURING INDUSTRIES | 2,208 | ||||||||||
MISCELLANEOUS RETAIL - 1.22% | |||||||||||
1,264 | * | 1-800-FLOWERS.COM, Inc (Class A) | 8 | ||||||||
872 | e* | AC Moore Arts & Crafts, Inc | 19 | ||||||||
20,120 | e* | Amazon.com, Inc | 794 | ||||||||
3,240 | Barnes & Noble, Inc | 129 |
38
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
25,540 | Best Buy Co, Inc | $ | 1,256 | ||||||||
1,412 | Big 5 Sporting Goods Corp | 34 | |||||||||
1,004 | e* | Blue Nile, Inc | 37 | ||||||||
921 | e | Books-A-Million, Inc | 21 | ||||||||
3,769 | Borders Group, Inc | 84 | |||||||||
968 | e* | Build-A-Bear Workshop, Inc | 27 | ||||||||
2,000 | Cash America International, Inc | 94 | |||||||||
3,306 | * | CKX, Inc | 39 | ||||||||
3,853 | e* | Coldwater Creek, Inc | 94 | ||||||||
51,993 | CVS Corp | 1,607 | |||||||||
1,202 | * | dELiA*s, Inc | 13 | ||||||||
2,338 | e* | Dick’s Sporting Goods, Inc | 115 | ||||||||
6,881 | * | Dollar Tree Stores, Inc | 207 | ||||||||
3,077 | e* | Drugstore.com, Inc | 11 | ||||||||
2,322 | * | Ezcorp, Inc (Class A) | 38 | ||||||||
2,059 | e* | GSI Commerce, Inc | 39 | ||||||||
2,439 | * | Hibbett Sporting Goods, Inc | 74 | ||||||||
2,107 | Longs Drug Stores Corp | 89 | |||||||||
2,547 | MSC Industrial Direct Co (Class A) | 100 | |||||||||
2,071 | * | Nutri/System, Inc | 131 | ||||||||
18,058 | * | Office Depot, Inc | 689 | ||||||||
4,584 | OfficeMax, Inc | 228 | |||||||||
840 | e* | Overstock.com, Inc | 13 | ||||||||
9,053 | Petsmart, Inc | 261 | |||||||||
1,516 | * | Priceline.com, Inc | 66 | ||||||||
35,035 | e* | Rite Aid Corp | 191 | ||||||||
5,400 | * | Sears Holdings Corp | 907 | ||||||||
1,250 | * | Stamps.com, Inc | 20 | ||||||||
46,348 | Staples, Inc | 1,237 | |||||||||
8,958 | Tiffany & Co | 352 | |||||||||
1,504 | * | Valuevision International, Inc (Class A) | 20 | ||||||||
64,031 | Walgreen Co | 2,938 | |||||||||
1,783 | World Fuel Services Corp | 79 | |||||||||
3,026 | * | Zale Corp | 85 | ||||||||
933 | * | Zumiez, Inc | 28 | ||||||||
TOTAL MISCELLANEOUS RETAIL | 12,174 | ||||||||||
MOTION PICTURES - 1.55% | |||||||||||
2,781 | e* | Avid Technology, Inc | 104 | ||||||||
12,560 | * | Blockbuster, Inc (Class A) | 66 | ||||||||
840 | e | Carmike Cinemas, Inc | 17 | ||||||||
43,382 | CBS Corp (Class B) | 1,353 | |||||||||
6,036 | * | Denny’s Corp | 28 | ||||||||
18,085 | * | Discovery Holding Co (Class A) | 291 | ||||||||
2,719 | * | DreamWorks Animation SKG, Inc (Class A) | 80 | ||||||||
1,016 | e* | Gaiam, Inc (Class A) | 14 | ||||||||
3,427 | * | Macrovision Corp | 97 | ||||||||
146,436 | News Corp (Class A) | 3,146 | |||||||||
3,910 | e | Regal Entertainment Group (Class A) | 83 | ||||||||
6,561 | * | Time Warner Telecom, Inc (Class A) | 131 | ||||||||
252,540 | Time Warner, Inc | 5,500 | |||||||||
132,119 | Walt Disney Co | 4,528 | |||||||||
TOTAL MOTION PICTURES | 15,438 | ||||||||||
NONDEPOSITORY INSTITUTIONS - 1.82% | |||||||||||
1,284 | e* | Accredited Home Lenders Holding Co | 35 | ||||||||
4,592 | Advance America Cash Advance Centers, Inc | 67 | |||||||||
1,255 | Advanta Corp (Class B) | 55 | |||||||||
8,323 | American Capital Strategies Ltd | 385 | |||||||||
68,585 | American Express Co | 4,161 | |||||||||
8,444 | e* | AmeriCredit Corp | 213 | ||||||||
2,425 | Ares Capital Corp | 46 | |||||||||
645 | e | Asta Funding, Inc | 20 |
39
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
25,437 | Capital One Financial Corp | $ | 1,954 | ||||||||
5,801 | e | CapitalSource, Inc | 158 | ||||||||
3,111 | e | CharterMac | 67 | ||||||||
12,853 | CIT Group, Inc | 717 | |||||||||
1,233 | e* | CompuCredit Corp | 49 | ||||||||
38,481 | Countrywide Financial Corp | 1,634 | |||||||||
611 | e* | Credit Acceptance Corp | 20 | ||||||||
5,925 | e* | Doral Financial Corp | 17 | ||||||||
61,742 | Fannie Mae | 3,667 | |||||||||
591 | Federal Agricultural Mortgage Corp (Class C) | 16 | |||||||||
1,621 | Financial Federal Corp | 48 | |||||||||
1,630 | * | First Cash Financial Services, Inc | 42 | ||||||||
2,946 | e | First Marblehead Corp | 161 | ||||||||
44,011 | Freddie Mac | 2,988 | |||||||||
2,956 | * | INVESTools, Inc | 41 | ||||||||
3,210 | MCG Capital Corp | 65 | |||||||||
925 | Medallion Financial Corp | 11 | |||||||||
1,165 | * | Nelnet, Inc (Class A) | 32 | ||||||||
1,181 | NGP Capital Resources Co | 20 | |||||||||
2,600 | e* | Ocwen Financial Corp | 41 | ||||||||
500 | * | Penson Worldwide, Inc | 14 | ||||||||
26,194 | SLM Corp | 1,277 | |||||||||
258 | Student Loan Corp | 54 | |||||||||
1,200 | e | Technology Investment Capital Corp | 19 | ||||||||
647 | * | United PanAm Financial Corp | 9 | ||||||||
1,332 | e* | World Acceptance Corp | 63 | ||||||||
TOTAL NONDEPOSITORY INSTITUTIONS | 18,166 | ||||||||||
NONMETALLIC MINERALS, EXCEPT FUELS - 0.08% | |||||||||||
1,482 | AMCOL International Corp | 41 | |||||||||
2,075 | Compass Minerals International, Inc | 65 | |||||||||
2,887 | Florida Rock Industries, Inc | 124 | |||||||||
6,528 | Vulcan Materials Co | 587 | |||||||||
TOTAL NONMETALLIC MINERALS, EXCEPT FUELS | 817 | ||||||||||
OIL AND GAS EXTRACTION - 1.70% | |||||||||||
29,063 | Anadarko Petroleum Corp | 1,265 | |||||||||
695 | e* | Arena Resources, Inc | 30 | ||||||||
1,002 | * | Atlas America, Inc | 51 | ||||||||
1,212 | * | ATP Oil & Gas Corp | 48 | ||||||||
1,792 | * | Atwood Oceanics, Inc | 88 | ||||||||
1,008 | * | Aurora Oil & Gas Corp | 3 | ||||||||
20,570 | Baker Hughes, Inc | 1,536 | |||||||||
795 | * | Basic Energy Services, Inc | 20 | ||||||||
2,505 | Berry Petroleum Co (Class A) | 78 | |||||||||
1,840 | e* | Bill Barrett Corp | 50 | ||||||||
18,856 | BJ Services Co | 553 | |||||||||
905 | * | Bois d’Arc Energy, Inc | 13 | ||||||||
2,914 | e* | Brigham Exploration Co | 21 | ||||||||
890 | * | Bronco Drilling Co, Inc | 15 | ||||||||
2,963 | Cabot Oil & Gas Corp | 180 | |||||||||
1,319 | * | Callon Petroleum Co | 20 | ||||||||
7,368 | * | Cameron International Corp | 391 | ||||||||
1,285 | * | Carrizo Oil & Gas, Inc | 37 | ||||||||
3,520 | e* | Cheniere Energy, Inc | 102 | ||||||||
25,787 | Chesapeake Energy Corp | 749 | |||||||||
5,332 | Cimarex Energy Co | 195 | |||||||||
632 | * | Clayton Williams Energy, Inc | 23 | ||||||||
1,794 | * | CNX Gas Corp | 46 | ||||||||
883 | * | Complete Production Services, Inc | 19 | ||||||||
2,751 | * | Comstock Resources, Inc | 85 | ||||||||
474 | e* | Dawson Geophysical Co | 17 | ||||||||
2,443 | Delta & Pine Land Co | 99 |
40
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | |||||||||
2,636 | e* | Delta Petroleum Corp | $ | 61 | ||||||||
7,600 | * | Denbury Resources, Inc | 211 | |||||||||
3,830 | e | Diamond Offshore Drilling, Inc | 306 | |||||||||
900 | * | Edge Petroleum Corp | 16 | |||||||||
3,307 | * | Encore Acquisition Co | 81 | |||||||||
2,180 | e* | Energy Partners Ltd | 53 | |||||||||
9,901 | ENSCO International, Inc | 496 | ||||||||||
8,012 | Equitable Resources, Inc | 334 | ||||||||||
3,362 | * | EXCO Resources, Inc | 57 | |||||||||
1,841 | e* | Exploration Co of Delaware, Inc | 25 | |||||||||
3,346 | * | Forest Oil Corp | 109 | |||||||||
4,373 | e* | Gasco Energy, Inc | 11 | |||||||||
1,949 | e* | GeoGlobal Resources, Inc | 15 | |||||||||
5,603 | * | Global Industries Ltd | 73 | |||||||||
515 | e* | GMX Resources, Inc | 18 | |||||||||
704 | e* | Goodrich Petroleum Corp | 25 | |||||||||
12,950 | e* | Grey Wolf, Inc | 89 | |||||||||
853 | e* | Gulfport Energy Corp | 12 | |||||||||
65,702 | Halliburton Co | 2,040 | ||||||||||
6,583 | e* | Hanover Compressor Co | 124 | |||||||||
2,496 | * | Harvest Natural Resources, Inc | 27 | |||||||||
5,725 | * | Helix Energy Solutions Group, Inc | 180 | |||||||||
6,898 | Helmerich & Payne, Inc | 169 | ||||||||||
1,295 | * | Hercules Offshore, Inc | 37 | |||||||||
1,922 | * | Houston Exploration Co | 100 | |||||||||
4,698 | * | Mariner Energy, Inc | 92 | |||||||||
1,692 | * | McMoRan Exploration Co | 24 | |||||||||
6,041 | * | Meridian Resource Corp | 19 | |||||||||
1,023 | e* | Metretek Technologies, Inc | 13 | |||||||||
11,348 | * | National Oilwell Varco, Inc | 694 | |||||||||
5,171 | * | Newpark Resources, Inc | 37 | |||||||||
3,462 | * | Oceaneering International, Inc | 137 | |||||||||
2,048 | * | Parallel Petroleum Corp | 36 | |||||||||
6,555 | * | Parker Drilling Co | 54 | |||||||||
10,896 | e | Patterson-UTI Energy, Inc | 253 | |||||||||
361 | v* | PetroCorp | — | ^ | ||||||||
9,193 | * | PetroHawk Energy Corp | 106 | |||||||||
1,000 | * | Petroleum Development Corp | 43 | |||||||||
2,768 | e* | Petroquest Energy, Inc | 35 | |||||||||
2,681 | * | Pioneer Drilling Co | 36 | |||||||||
8,324 | Pioneer Natural Resources Co | 330 | ||||||||||
5,222 | * | Plains Exploration & Production Co | 248 | |||||||||
3,511 | Pogo Producing Co | 170 | ||||||||||
10,387 | * | Pride International, Inc | 312 | |||||||||
1,241 | e* | Quest Resource Corp | 13 | |||||||||
4,023 | * | Quicksilver Resources, Inc | 147 | |||||||||
1,325 | e* | RAM Energy Resources, Inc | 7 | |||||||||
8,251 | Range Resources Corp | 227 | ||||||||||
6,954 | Rowan Cos, Inc | 231 | ||||||||||
1,462 | e | RPC, Inc | 25 | |||||||||
1,453 | * | SEACOR Holdings, Inc | 144 | |||||||||
10,637 | * | Southwestern Energy Co | 373 | |||||||||
3,800 | St. Mary Land & Exploration Co | 140 | ||||||||||
1,752 | * | Stone Energy Corp | 62 | |||||||||
2,208 | e* | Sulphco, Inc | 10 | |||||||||
5,416 | * | Superior Energy Services | 177 | |||||||||
720 | * | Superior Well Services, Inc | 18 | |||||||||
1,701 | * | Swift Energy Co | 76 | |||||||||
2,633 | e* | Syntroleum Corp | 9 | |||||||||
4,120 | * | Tetra Technologies, Inc | 105 | |||||||||
3,819 | Tidewater, Inc | 185 | ||||||||||
3,798 | * | Todco | 130 | |||||||||
942 | * | Toreador Resources Corp | 24 | |||||||||
2,067 | e* | Transmeridian Exploration, Inc | 7 |
41
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
755 | * | Trico Marine Services, Inc | $ | 29 | |||||||
500 | * | Union Drilling, Inc | 7 | ||||||||
2,793 | * | Unit Corp | 135 | ||||||||
3,680 | * | Vaalco Energy, Inc | 25 | ||||||||
2,000 | * | Veritas DGC, Inc | 171 | ||||||||
1,156 | W&T Offshore, Inc | 35 | |||||||||
3,436 | e* | Warren Resources, Inc | 40 | ||||||||
1,989 | * | W-H Energy Services, Inc | �� | 97 | |||||||
2,386 | * | Whiting Petroleum Corp | 111 | ||||||||
23,477 | XTO Energy, Inc | 1,105 | |||||||||
TOTAL OIL AND GAS EXTRACTION | 16,907 | ||||||||||
PAPER AND ALLIED PRODUCTS - 0.51% | |||||||||||
6,690 | Bemis Co | 227 | |||||||||
3,865 | e | Bowater, Inc | 87 | ||||||||
1,676 | * | Buckeye Technologies, Inc | 20 | ||||||||
1,977 | * | Caraustar Industries, Inc | 16 | ||||||||
3,345 | e* | Cenveo, Inc | 71 | ||||||||
1,356 | Chesapeake Corp | 23 | |||||||||
2,970 | Glatfelter | 46 | |||||||||
4,634 | * | Graphic Packaging Corp | 20 | ||||||||
1,033 | Greif, Inc (Class A) | 122 | |||||||||
28,579 | International Paper Co | 975 | |||||||||
29,037 | Kimberly-Clark Corp | 1,973 | |||||||||
4,293 | Longview Fibre Co | 94 | |||||||||
11,755 | MeadWestvaco Corp | 353 | |||||||||
1,971 | e* | Mercer International, Inc | 24 | ||||||||
1,075 | Neenah Paper, Inc | 38 | |||||||||
4,643 | Packaging Corp of America | 103 | |||||||||
3,621 | * | Playtex Products, Inc | 52 | ||||||||
1,984 | Rock-Tenn Co (Class A) | 54 | |||||||||
1,040 | Schweitzer-Mauduit International, Inc | 27 | |||||||||
15,753 | * | Smurfit-Stone Container Corp | 166 | ||||||||
6,153 | Sonoco Products Co | 234 | |||||||||
6,796 | Temple-Inland, Inc | 313 | |||||||||
3,174 | Wausau Paper Corp | 48 | |||||||||
TOTAL PAPER AND ALLIED PRODUCTS | 5,086 | ||||||||||
PERSONAL SERVICES - 0.15% | |||||||||||
8,752 | Cintas Corp | 348 | |||||||||
1,720 | Coinmach Service Corp (Class A) | 21 | |||||||||
1,567 | e* | Coinstar, Inc | 48 | ||||||||
1,405 | G & K Services, Inc (Class A) | 55 | |||||||||
20,586 | H&R Block, Inc | 474 | |||||||||
2,055 | Jackson Hewitt Tax Service, Inc | 70 | |||||||||
2,615 | Regis Corp | 103 | |||||||||
5,024 | * | Sally Beauty Holdings, Inc | 39 | ||||||||
19,056 | e | Service Corp International | 195 | ||||||||
587 | Unifirst Corp | 23 | |||||||||
2,692 | Weight Watchers International, Inc | 141 | |||||||||
TOTAL PERSONAL SERVICES | 1,517 | ||||||||||
PETROLEUM AND COAL PRODUCTS - 6.27% | |||||||||||
783 | Alon USA Energy, Inc | 21 | |||||||||
20,993 | Apache Corp | 1,396 | |||||||||
4,076 | Ashland, Inc | 282 | |||||||||
140,597 | Chevron Corp | 10,338 | |||||||||
104,611 | ConocoPhillips | 7,527 | |||||||||
683 | Delek US Holdings, Inc | 11 | |||||||||
27,959 | Devon Energy Corp | 1,875 | |||||||||
1,450 | ElkCorp | 60 | |||||||||
15,549 | EOG Resources, Inc | 971 |
42
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
384,161 | Exxon Mobil Corp | $ | 29,438 | ||||||||
7,314 | Frontier Oil Corp | 210 | |||||||||
1,038 | * | Giant Industries, Inc | 78 | ||||||||
2,769 | e* | Headwaters, Inc | 66 | ||||||||
15,301 | Hess Corp | 758 | |||||||||
3,104 | Holly Corp | 160 | |||||||||
23,064 | Marathon Oil Corp | 2,133 | |||||||||
12,027 | Murphy Oil Corp | 612 | |||||||||
8,238 | * | Newfield Exploration Co | 379 | ||||||||
11,486 | Noble Energy, Inc | 564 | |||||||||
54,232 | Occidental Petroleum Corp | 2,648 | |||||||||
8,555 | Sunoco, Inc | 534 | |||||||||
4,424 | Tesoro Corp | 291 | |||||||||
39,287 | Valero Energy Corp | 2,010 | |||||||||
1,100 | WD-40 Co | 38 | |||||||||
1,509 | e | Western Refining, Inc | 38 | ||||||||
TOTAL PETROLEUM AND COAL PRODUCTS | 62,438 | ||||||||||
PRIMARY METAL INDUSTRIES - 0.89% | |||||||||||
6,655 | * | AK Steel Holding Corp | 113 | ||||||||
55,294 | Alcoa, Inc | 1,659 | |||||||||
6,427 | Allegheny Technologies, Inc | 583 | |||||||||
2,599 | Belden CDT, Inc | 102 | |||||||||
1,200 | * | Brush Engineered Materials, Inc | 41 | ||||||||
1,656 | Carpenter Technology Corp | 170 | |||||||||
1,483 | e* | Century Aluminum Co | 66 | ||||||||
3,000 | Chaparral Steel Co | 133 | |||||||||
3,800 | * | CommScope, Inc | 116 | ||||||||
99,061 | * | Corning, Inc | 1,853 | ||||||||
1,511 | e | Encore Wire Corp | 33 | ||||||||
3,250 | * | General Cable Corp | 142 | ||||||||
1,633 | Gibraltar Industries, Inc | 38 | |||||||||
3,639 | Hubbell, Inc (Class B) | 165 | |||||||||
2,054 | * | Lone Star Technologies, Inc | 99 | ||||||||
1,977 | Matthews International Corp (Class A) | 78 | |||||||||
2,431 | Mueller Industries, Inc | 77 | |||||||||
19,791 | Nucor Corp | 1,082 | |||||||||
529 | e | Olympic Steel, Inc | 12 | ||||||||
2,245 | * | Oregon Steel Mills, Inc | 140 | ||||||||
8,740 | Precision Castparts Corp | 684 | |||||||||
2,569 | Quanex Corp | 89 | |||||||||
1,496 | e* | RTI International Metals, Inc | 117 | ||||||||
1,362 | Schnitzer Steel Industries, Inc (Class A) | 54 | |||||||||
6,190 | Steel Dynamics, Inc | 201 | |||||||||
697 | Steel Technologies, Inc | 12 | |||||||||
1,141 | * | Superior Essex, Inc | 38 | ||||||||
1,500 | e | Texas Industries, Inc | 96 | ||||||||
4,271 | e* | Titanium Metals Corp | 126 | ||||||||
1,864 | Tredegar Corp | 42 | |||||||||
7,919 | United States Steel Corp | 579 | |||||||||
217 | e* | Wheeling-Pittsburgh Corp | 4 | ||||||||
4,742 | e | Worthington Industries, Inc | 84 | ||||||||
TOTAL PRIMARY METAL INDUSTRIES | 8,828 | ||||||||||
PRINTING AND PUBLISHING - 0.63% | |||||||||||
2,726 | * | ACCO Brands Corp | 72 | ||||||||
3,442 | American Greetings Corp (Class A) | 82 | |||||||||
1,700 | Banta Corp | 62 | |||||||||
5,738 | Belo (A.H.) Corp (Class A) | 105 | |||||||||
2,400 | Bowne & Co, Inc | 38 | |||||||||
734 | * | Consolidated Graphics, Inc | 43 | ||||||||
594 | Courier Corp | 23 | |||||||||
269 | CSS Industries, Inc | 10 |
43
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
3,810 | e | Dow Jones & Co, Inc | $ | 145 | |||||||
3,934 | * | Dun & Bradstreet Corp | 326 | ||||||||
1,693 | Ennis, Inc | 41 | |||||||||
5,407 | EW Scripps Co (Class A) | 270 | |||||||||
15,030 | Gannett Co, Inc | 909 | |||||||||
3,853 | Harte-Hanks, Inc | 107 | |||||||||
1,911 | e | John H Harland Co | 96 | ||||||||
2,800 | John Wiley & Sons, Inc (Class A) | 108 | |||||||||
2,807 | Journal Communications, Inc (Class A) | 35 | |||||||||
2,824 | Journal Register Co | 21 | |||||||||
2,965 | Lee Enterprises, Inc | 92 | |||||||||
1,522 | e | Martha Stewart Living Omnimedia, Inc (Class A) | 33 | ||||||||
3,328 | e | McClatchy Co (Class A) | 144 | ||||||||
22,764 | McGraw-Hill Cos, Inc | 1,548 | |||||||||
1,441 | Media General, Inc (Class A) | 54 | |||||||||
1,890 | Meredith Corp | 107 | |||||||||
8,530 | e | New York Times Co (Class A) | 208 | ||||||||
945 | e* | Playboy Enterprises, Inc (Class B) | 11 | ||||||||
2,200 | e* | Presstek, Inc | 14 | ||||||||
9,402 | e* | Primedia, Inc | 16 | ||||||||
1,699 | e* | Private Media Group Ltd | 7 | ||||||||
3,336 | R.H. Donnelley Corp | 209 | |||||||||
13,928 | R.R. Donnelley & Sons Co | 495 | |||||||||
6,850 | Reader’s Digest Association, Inc | 114 | |||||||||
977 | e | Schawk, Inc | 19 | ||||||||
2,073 | * | Scholastic Corp | 74 | ||||||||
1,179 | Standard Register Co | 14 | |||||||||
4,875 | e* | Sun-Times Media Group, Inc (Class A) | 24 | ||||||||
11,343 | e | Tribune Co | 349 | ||||||||
3,018 | * | Valassis Communications, Inc | 44 | ||||||||
256 | Washington Post Co (Class B) | 191 | |||||||||
TOTAL PRINTING AND PUBLISHING | 6,260 | ||||||||||
RAILROAD TRANSPORTATION - 0.59% | |||||||||||
23,204 | Burlington Northern Santa Fe Corp | 1,713 | |||||||||
28,302 | CSX Corp | 974 | |||||||||
2,172 | Florida East Coast Industries | 129 | |||||||||
2,350 | * | Genesee & Wyoming, Inc (Class A) | 62 | ||||||||
4,812 | * | Kansas City Southern Industries, Inc | 139 | ||||||||
26,179 | Norfolk Southern Corp | 1,317 | |||||||||
16,985 | Union Pacific Corp | 1,563 | |||||||||
TOTAL RAILROAD TRANSPORTATION | 5,897 | ||||||||||
REAL ESTATE - 0.12% | |||||||||||
520 | California Coastal Communities, Inc | 11 | |||||||||
11,914 | * | CB Richard Ellis Group, Inc (Class A) | 396 | ||||||||
378 | e | Consolidated-Tomoka Land Co | 27 | ||||||||
4,444 | e | Forest City Enterprises, Inc (Class A) | 259 | ||||||||
915 | e* | Housevalues, Inc | 5 | ||||||||
2,306 | e | Jones Lang LaSalle, Inc | 212 | ||||||||
785 | e | Orleans Homebuilders, Inc | 15 | ||||||||
4,586 | e | St. Joe Co | 246 | ||||||||
7,137 | Stewart Enterprises, Inc (Class A) | 45 | |||||||||
TOTAL REAL ESTATE | 1,216 | ||||||||||
RUBBER AND MISCELLANEOUS PLASTIC PRODUCTS - 0.17% | |||||||||||
464 | * | AEP Industries, Inc | 25 | ||||||||
4,500 | Cooper Tire & Rubber Co | 64 | |||||||||
623 | e* | Deckers Outdoor Corp | 37 | ||||||||
10,789 | e* | Goodyear Tire & Rubber Co | 227 | ||||||||
3,119 | * | Jarden Corp | 109 | ||||||||
17,815 | Newell Rubbermaid, Inc | 516 |
44
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
680 | e | PW Eagle, Inc | $ | 24 | |||||||
2,068 | Schulman (A.), Inc | 46 | |||||||||
5,333 | Sealed Air Corp | 346 | |||||||||
809 | * | Skechers U.S.A., Inc (Class A) | 27 | ||||||||
2,188 | Spartech Corp | 57 | |||||||||
861 | e | Titan International, Inc | 17 | ||||||||
714 | e* | Trex Co, Inc | 16 | ||||||||
3,650 | Tupperware Corp | 83 | |||||||||
2,075 | West Pharmaceutical Services, Inc | 106 | |||||||||
TOTAL RUBBER AND MISCELLANEOUS PLASTIC PRODUCTS | 1,700 | ||||||||||
SECURITY AND COMMODITY BROKERS - 3.18% | |||||||||||
4,686 | A.G. Edwards, Inc | 297 | |||||||||
13,853 | Ameriprise Financial, Inc | 755 | |||||||||
7,593 | Bear Stearns Cos, Inc | 1,236 | |||||||||
1,229 | BlackRock, Inc | 187 | |||||||||
1,547 | Calamos Asset Management, Inc (Class A) | 42 | |||||||||
3,408 | e* | Cbot Holdings, Inc (Class A) | 516 | ||||||||
66,778 | Charles Schwab Corp | 1,292 | |||||||||
2,135 | Chicago Mercantile Exchange Holdings, Inc | 1,088 | |||||||||
586 | e | Cohen & Steers, Inc | 24 | ||||||||
27,304 | * | E*Trade Financial Corp | 612 | ||||||||
7,400 | Eaton Vance Corp | 244 | |||||||||
5,905 | Federated Investors, Inc (Class B) | 199 | |||||||||
10,997 | Franklin Resources, Inc | 1,212 | |||||||||
448 | e | GAMCO Investors, Inc (Class A) | 17 | ||||||||
762 | e* | GFI Group, Inc | 47 | ||||||||
24,193 | Goldman Sachs Group, Inc | 4,823 | |||||||||
1,134 | e | Greenhill & Co, Inc | 84 | ||||||||
3,200 | * | IntercontinentalExchange, Inc | 345 | ||||||||
2,414 | International Securities Exchange, Inc | 113 | |||||||||
2,790 | * | Investment Technology Group, Inc | 120 | ||||||||
13,764 | Janus Capital Group, Inc | 297 | |||||||||
7,640 | e | Jefferies Group, Inc | 205 | ||||||||
6,754 | * | Knight Capital Group, Inc (Class A) | 129 | ||||||||
3,465 | e* | LaBranche & Co, Inc | 34 | ||||||||
8,021 | e | Legg Mason, Inc | 762 | ||||||||
33,925 | Lehman Brothers Holdings, Inc | 2,650 | |||||||||
1,518 | e* | MarketAxess Holdings, Inc | 21 | ||||||||
58,397 | Merrill Lynch & Co, Inc | 5,437 | |||||||||
67,853 | Morgan Stanley | 5,525 | |||||||||
913 | * | Morningstar, Inc | 41 | ||||||||
6,078 | * | Nasdaq Stock Market, Inc | 187 | ||||||||
5,100 | Nuveen Investments, Inc (Class A) | 265 | |||||||||
10,048 | e* | NYSE Group, Inc | 977 | ||||||||
1,419 | e | optionsXpress Holdings, Inc | 32 | ||||||||
1,356 | * | Piper Jaffray Cos | 88 | ||||||||
6,123 | Raymond James Financial, Inc | 186 | |||||||||
870 | e | Sanders Morris Harris Group, Inc | 11 | ||||||||
4,185 | e | SEI Investments Co | 249 | ||||||||
766 | e* | Stifel Financial Corp | 30 | ||||||||
1,151 | SWS Group, Inc | 41 | |||||||||
16,920 | T Rowe Price Group, Inc | 741 | |||||||||
19,605 | TD Ameritrade Holding Corp | 317 | |||||||||
436 | e* | Thomas Weisel Partners Group, Inc | 9 | ||||||||
98 | Value Line, Inc | 5 | |||||||||
5,415 | Waddell & Reed Financial, Inc (Class A) | 148 | |||||||||
TOTAL SECURITY AND COMMODITY BROKERS | 31,640 | ||||||||||
SOCIAL SERVICES - 0.01% | |||||||||||
1,834 | * | Bright Horizons Family Solutions, Inc | 71 | ||||||||
1,396 | * | Capital Senior Living Corp | 15 | ||||||||
617 | e* | Providence Service Corp | 15 |
45
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,211 | * | Res-Care, Inc | $ | 22 | |||||||
TOTAL SOCIAL SERVICES | 123 | ||||||||||
SPECIAL TRADE CONTRACTORS - 0.05% | |||||||||||
246 | e | Alico, Inc | 12 | ||||||||
1,686 | Chemed Corp | 62 | |||||||||
2,673 | Comfort Systems USA, Inc | 34 | |||||||||
2,650 | * | Dycom Industries, Inc | 56 | ||||||||
1,800 | * | EMCOR Group, Inc | 102 | ||||||||
1,632 | * | Insituform Technologies, Inc (Class A) | 42 | ||||||||
987 | e* | Integrated Electrical Services, Inc | 18 | ||||||||
685 | * | Layne Christensen Co | 23 | ||||||||
7,172 | e* | Quanta Services, Inc | 141 | ||||||||
TOTAL SPECIAL TRADE CONTRACTORS | 490 | ||||||||||
STONE, CLAY, AND GLASS PRODUCTS - 0.09% | |||||||||||
2,068 | Apogee Enterprises, Inc | 40 | |||||||||
1,725 | * | Cabot Microelectronics Corp | 59 | ||||||||
1,443 | CARBO Ceramics, Inc | 54 | |||||||||
3,273 | Eagle Materials, Inc | 141 | |||||||||
9,943 | e | Gentex Corp | 155 | ||||||||
10,207 | * | Owens-Illinois, Inc | 188 | ||||||||
2,151 | e* | US Concrete, Inc | 15 | ||||||||
5,000 | e* | USG Corp | 274 | ||||||||
TOTAL STONE, CLAY, AND GLASS PRODUCTS | 926 | ||||||||||
TEXTILE MILL PRODUCTS - 0.01% | |||||||||||
874 | Oxford Industries, Inc | 43 | |||||||||
905 | Xerium Technologies, Inc | 9 | |||||||||
TOTAL TEXTILE MILL PRODUCTS | 52 | ||||||||||
TOBACCO PRODUCTS - 1.32% | |||||||||||
132,424 | Altria Group, Inc | 11,365 | |||||||||
5,637 | Loews Corp (Carolina Group) | 365 | |||||||||
10,694 | e | Reynolds American, Inc | 700 | ||||||||
1,760 | Universal Corp | 86 | |||||||||
10,412 | e | UST, Inc | 606 | ||||||||
2,291 | e | Vector Group Ltd | 41 | ||||||||
TOTAL TOBACCO PRODUCTS | 13,163 | ||||||||||
TRANSPORTATION BY AIR - 0.48% | |||||||||||
3,864 | * | ABX Air, Inc | 27 | ||||||||
677 | * | Air Methods Corp | 19 | ||||||||
5,873 | e* | Airtran Holdings, Inc | 69 | ||||||||
2,436 | * | Alaska Air Group, Inc | 96 | ||||||||
13,522 | e* | AMR Corp | 409 | ||||||||
1,291 | e* | Atlas Air Worldwide Holdings, Inc | 57 | ||||||||
1,574 | e* | Bristow Group, Inc | 57 | ||||||||
5,581 | e* | Continental Airlines, Inc (Class B) | 230 | ||||||||
1,894 | * | EGL, Inc | 56 | ||||||||
2,603 | * | ExpressJet Holdings, Inc | 21 | ||||||||
19,416 | FedEx Corp | 2,109 | |||||||||
2,150 | e* | Frontier Airlines Holdings, Inc | 16 | ||||||||
11,166 | e* | JetBlue Airways Corp | 158 | ||||||||
2,151 | e* | Mesa Air Group, Inc | 18 | ||||||||
882 | * | PHI, Inc | 29 | ||||||||
2,007 | * | Republic Airways Holdings, Inc | 34 | ||||||||
4,035 | Skywest, Inc | 103 | |||||||||
50,374 | Southwest Airlines Co | 772 | |||||||||
6,333 | e* | UAL Corp | 279 |
46
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
3,920 | e* | US Airways Group, Inc | $ | 211 | |||||||
TOTAL TRANSPORTATION BY AIR | 4,770 | ||||||||||
TRANSPORTATION EQUIPMENT - 2.55% | |||||||||||
1,197 | A.O. Smith Corp | 45 | |||||||||
2,061 | * | AAR Corp | 60 | ||||||||
1,493 | * | Accuride Corp | 17 | ||||||||
1,438 | * | Aftermarket Technology Corp | 31 | ||||||||
3,187 | e | American Axle & Manufacturing Holdings, Inc | 61 | ||||||||
569 | American Railcar Industries, Inc | 19 | |||||||||
1,100 | Arctic Cat, Inc | 19 | |||||||||
4,699 | e | ArvinMeritor, Inc | 86 | ||||||||
5,446 | Autoliv, Inc | 328 | |||||||||
5,011 | * | BE Aerospace, Inc | 129 | ||||||||
50,645 | Boeing Co | 4,499 | |||||||||
6,184 | Brunswick Corp | 197 | |||||||||
3,374 | Clarcor, Inc | 114 | |||||||||
940 | e* | Comtech Group, Inc | 17 | ||||||||
3,359 | Federal Signal Corp | 54 | |||||||||
3,728 | * | Fleetwood Enterprises, Inc | 29 | ||||||||
114,980 | e* | Ford Motor Co | 863 | ||||||||
809 | e | Freightcar America, Inc | 45 | ||||||||
709 | * | Fuel Systems Solutions, Inc | 16 | ||||||||
3,656 | e* | GenCorp, Inc | 51 | ||||||||
25,522 | General Dynamics Corp | 1,898 | |||||||||
29,964 | e | General Motors Corp | �� | 920 | |||||||
516 | e* | GenTek, Inc | 18 | ||||||||
10,834 | Genuine Parts Co | 514 | |||||||||
7,831 | Goodrich Corp | 357 | |||||||||
869 | e | Greenbrier Cos, Inc | 26 | ||||||||
1,580 | Group 1 Automotive, Inc | 82 | |||||||||
17,050 | Harley-Davidson, Inc | 1,202 | |||||||||
2,791 | Harsco Corp | 212 | |||||||||
1,585 | e | Heico Corp | 62 | ||||||||
11,633 | ITT Industries, Inc | 661 | |||||||||
1,100 | * | K&F Industries Holdings, Inc | 25 | ||||||||
1,612 | Kaman Corp | 36 | |||||||||
23,111 | Lockheed Martin Corp | 2,128 | |||||||||
598 | * | Miller Industries, Inc | 14 | ||||||||
1,720 | Monaco Coach Corp | 24 | |||||||||
1,700 | * | Navistar International Corp | 57 | ||||||||
661 | e | Noble International Ltd | 13 | ||||||||
21,656 | Northrop Grumman Corp | 1,466 | |||||||||
3,572 | * | Orbital Sciences Corp | 66 | ||||||||
4,741 | Oshkosh Truck Corp | 230 | |||||||||
16,116 | e | Paccar, Inc | 1,046 | ||||||||
9,182 | * | Pactiv Corp | 328 | ||||||||
2,702 | e | Polaris Industries, Inc | 127 | ||||||||
28,273 | Raytheon Co | 1,493 | |||||||||
420 | * | Sequa Corp (Class A) | 48 | ||||||||
3,000 | * | Spirit Aerosystems Holdings, Inc (Class A) | 100 | ||||||||
1,631 | e | Superior Industries International, Inc | 31 | ||||||||
2,719 | * | Tenneco, Inc | 67 | ||||||||
8,223 | Textron, Inc | 771 | |||||||||
2,382 | Thor Industries, Inc | 105 | |||||||||
723 | * | TransDigm Group, Inc | 19 | ||||||||
5,080 | e | Trinity Industries, Inc | 179 | ||||||||
1,126 | e | Triumph Group, Inc | 59 | ||||||||
2,648 | * | TRW Automotive Holdings Corp | 69 | ||||||||
64,067 | United Technologies Corp | 4,005 | |||||||||
7,145 | * | Visteon Corp | 61 | ||||||||
2,193 | Wabash National Corp | 33 | |||||||||
3,132 | Westinghouse Air Brake Technologies Corp | 95 |
47
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
2,242 | e | Winnebago Industries, Inc | $ | 74 | |||||||
TOTAL TRANSPORTATION EQUIPMENT | 25,401 | ||||||||||
TRANSPORTATION SERVICES - 0.19% | |||||||||||
1,330 | Ambassadors Group, Inc | 41 | |||||||||
446 | Ambassadors International, Inc | 20 | |||||||||
11,120 | CH Robinson Worldwide, Inc | 455 | |||||||||
783 | * | Dynamex, Inc | 18 | ||||||||
13,654 | Expeditors International Washington, Inc | 553 | |||||||||
2,972 | GATX Corp | 129 | |||||||||
4,500 | * | Hertz Global Holdings, Inc | 78 | ||||||||
2,568 | * | HUB Group, Inc (Class A) | 71 | ||||||||
3,899 | * | Lear Corp | 115 | ||||||||
2,493 | Pacer International, Inc | 74 | |||||||||
2,021 | * | RailAmerica, Inc | 33 | ||||||||
8,602 | Sabre Holdings Corp (Class A) | 274 | |||||||||
TOTAL TRANSPORTATION SERVICES | 1,861 | ||||||||||
TRUCKING AND WAREHOUSING - 0.41% | |||||||||||
1,500 | Arkansas Best Corp | 54 | |||||||||
1,483 | * | Celadon Group, Inc | 25 | ||||||||
2,934 | Con-way, Inc | 129 | |||||||||
1,949 | Forward Air Corp | 56 | |||||||||
3,489 | Heartland Express, Inc | 52 | |||||||||
6,777 | e | J.B. Hunt Transport Services, Inc | 141 | ||||||||
3,656 | Landstar System, Inc | 140 | |||||||||
952 | * | Marten Transport Ltd | 17 | ||||||||
1,717 | * | Old Dominion Freight Line | 41 | ||||||||
421 | * | P.A.M. Transportation Services, Inc | 9 | ||||||||
103 | e* | Patriot Transportation Holding, Inc | 10 | ||||||||
566 | * | Quality Distribution, Inc | 8 | ||||||||
900 | * | Saia, Inc | 21 | ||||||||
3,232 | e* | SIRVA, Inc | 11 | ||||||||
3,431 | * | Swift Transportation Co, Inc | 90 | ||||||||
400 | * | U.S. Xpress Enterprises, Inc (Class A) | 7 | ||||||||
40,944 | United Parcel Service, Inc (Class B) | 3,070 | |||||||||
200 | e* | Universal Truckload Services, Inc | 5 | ||||||||
341 | * | USA Truck, Inc | 6 | ||||||||
3,416 | Werner Enterprises, Inc | 60 | |||||||||
3,617 | e* | YRC Worldwide, Inc | 136 | ||||||||
TOTAL TRUCKING AND WAREHOUSING | 4,088 | ||||||||||
WATER TRANSPORTATION - 0.06% | |||||||||||
2,650 | e | Alexander & Baldwin, Inc | 117 | ||||||||
1,989 | e* | American Commercial Lines, Inc | 130 | ||||||||
1,244 | * | Gulfmark Offshore, Inc | 47 | ||||||||
897 | Horizon Lines, Inc (Class A) | 24 | |||||||||
1,586 | * | Hornbeck Offshore Services, Inc | 57 | ||||||||
3,407 | * | Kirby Corp | 116 | ||||||||
1,898 | Overseas Shipholding Group, Inc | 107 | |||||||||
TOTAL WATER TRANSPORTATION | 598 | ||||||||||
WHOLESALE TRADE-DURABLE GOODS - 0.37% | |||||||||||
5,979 | Adesa, Inc | 166 | |||||||||
2,158 | Agilysys, Inc | 36 | |||||||||
3,106 | Applied Industrial Technologies, Inc | 82 | |||||||||
7,511 | e* | Arrow Electronics, Inc | 237 | ||||||||
2,427 | Barnes Group, Inc | 53 | |||||||||
2,807 | e* | Beacon Roofing Supply, Inc | 53 | ||||||||
691 | e | BlueLinx Holdings, Inc | 7 | ||||||||
3,472 | BorgWarner, Inc | 205 |
48
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,739 | e | Building Material Holding Corp | $ | 43 | |||||||
702 | Castle (A.M.) & Co | 18 | |||||||||
1,444 | * | Conceptus, Inc | 31 | ||||||||
7,074 | e* | Cytyc Corp | 200 | ||||||||
1,490 | * | Digi International, Inc | 20 | ||||||||
1,195 | e* | Drew Industries, Inc | 31 | ||||||||
2,198 | e* | Genesis Microchip, Inc | 22 | ||||||||
7,307 | IKON Office Solutions, Inc | 120 | |||||||||
8,393 | * | Ingram Micro, Inc (Class A) | 171 | ||||||||
3,362 | * | Insight Enterprises, Inc | 63 | ||||||||
1,758 | * | Interline Brands, Inc | 39 | ||||||||
1,077 | * | Keystone Automotive Industries, Inc | 37 | ||||||||
3,799 | e | Knight Transportation, Inc | 65 | ||||||||
300 | Lawson Products, Inc | 14 | |||||||||
2,896 | e* | LKQ Corp | 67 | ||||||||
2,945 | Martin Marietta Materials, Inc | 306 | |||||||||
1,163 | e* | Merge Technologies, Inc | 8 | ||||||||
300 | * | MWI Veterinary Supply, Inc | 10 | ||||||||
2,729 | Owens & Minor, Inc | 85 | |||||||||
8,816 | * | Patterson Cos, Inc | 313 | ||||||||
4,013 | e | PEP Boys-Manny Moe & Jack | 60 | ||||||||
3,306 | e | Pool Corp | 129 | ||||||||
4,604 | * | PSS World Medical, Inc | 90 | ||||||||
4,138 | Reliance Steel & Aluminum Co | 163 | |||||||||
1,661 | e | Ryerson Tull, Inc | 42 | ||||||||
3,673 | * | Tech Data Corp | 139 | ||||||||
2,317 | * | Tyler Technologies, Inc | 32 | ||||||||
4,791 | W.W. Grainger, Inc | 335 | |||||||||
3,102 | * | WESCO International, Inc | 182 | ||||||||
744 | e* | West Marine, Inc | 13 | ||||||||
TOTAL WHOLESALE TRADE-DURABLE GOODS | 3,687 | ||||||||||
WHOLESALE TRADE-NONDURABLE GOODS - 0.82% | |||||||||||
4,181 | Airgas, Inc | 169 | |||||||||
2,860 | e* | Akorn, Inc | 18 | ||||||||
5,454 | * | Alliance One International, Inc | 39 | ||||||||
2,982 | e* | Allscripts Healthcare Solutions, Inc | 80 | ||||||||
896 | e | Andersons, Inc | 38 | ||||||||
3,973 | Brown-Forman Corp (Class B) | 263 | |||||||||
26,528 | Cardinal Health, Inc | 1,709 | |||||||||
1,813 | e* | Central European Distribution Corp | 54 | ||||||||
638 | * | Core-Mark Holding Co, Inc | 21 | ||||||||
8,770 | * | Dean Foods Co | 371 | ||||||||
8,570 | * | Endo Pharmaceuticals Holdings, Inc | 236 | ||||||||
284 | e* | Green Mountain Coffee Roasters, Inc | 14 | ||||||||
1,991 | * | Hain Celestial Group, Inc | 62 | ||||||||
5,563 | * | Henry Schein, Inc | 272 | ||||||||
9,318 | * | Idearc, Inc | 267 | ||||||||
500 | Kenneth Cole Productions, Inc (Class A) | 12 | |||||||||
1,430 | K-Swiss, Inc (Class A) | 44 | |||||||||
231 | * | Maui Land & Pineapple Co, Inc | 8 | ||||||||
3,103 | Men’s Wearhouse, Inc | 119 | |||||||||
1,570 | Myers Industries, Inc | 25 | |||||||||
785 | e | Nash Finch Co | 21 | ||||||||
12,312 | Nike, Inc (Class B) | 1,219 | |||||||||
3,652 | Nu Skin Enterprises, Inc (Class A) | 67 | |||||||||
1,009 | e* | Nuco2, Inc | 25 | ||||||||
652 | * | Perry Ellis International, Inc | 27 | ||||||||
28,397 | Safeway, Inc | 981 | |||||||||
1,539 | * | School Specialty, Inc | 58 | ||||||||
900 | * | Smart & Final, Inc | 17 | ||||||||
2,212 | e* | Source Interlink Cos, Inc | 18 | ||||||||
1,382 | Spartan Stores, Inc | 29 | |||||||||
2,696 | Stride Rite Corp | 41 |
49
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||||
39,482 | Sysco Corp | $ | 1,451 | ||||||||||
6,305 | e* | Terra Industries, Inc | 76 | ||||||||||
2,309 | * | Tractor Supply Co | 103 | ||||||||||
2,582 | e* | United Natural Foods, Inc | 93 | ||||||||||
1,930 | * | United Stationers, Inc | 90 | ||||||||||
423 | Valhi, Inc | 11 | |||||||||||
849 | * | Volcom, Inc | 25 | ||||||||||
TOTAL WHOLESALE TRADE-NONDURABLE GOODS | 8,173 | ||||||||||||
TOTAL COMMON STOCKS (Cost $660,785) | 993,253 | ||||||||||||
WARRANTS - 0.00%** | |||||||||||||
COMMUNICATIONS - 0.00%** | |||||||||||||
3 | e,v* | RCN Corp (Expires 12/21/06) | — | ^ | |||||||||
TOTAL COMMUNICATIONS | — | ^ | |||||||||||
TOTAL WARRANTS (Cost $0) | — | ^ | |||||||||||
SHORT-TERM INVESTMENTS - 6.20% | |||||||||||||
PRINCIPAL | |||||||||||||
U.S. GOVERNMENT AND AGENCIES DISCOUNT AND COUPON NOTES - 0.14% | |||||||||||||
$ 800,000 | d | Federal Home Loan Bank (FHLB) | 4.800 | % | 01/02/07 | 799 | |||||||
600,000 | d | Federal National Mortgage Association (FNMA) | 5.128 | 02/21/07 | 596 | ||||||||
TOTAL U.S. GOVERNMENT AND AGENCIES DISCOUNT AND COUPON NOTES | 1,395 | ||||||||||||
SHARES | |||||||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED - 6.06% | |||||||||||||
60,398,852 | v | State Street Navigator Securities Lending Prime Portfolio | 60,399 | ||||||||||
TOTAL INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | 60,399 | ||||||||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $61,794) | 61,794 | ||||||||||||
TOTAL PORTFOLIO - 105.92% (Cost $722,467) | 1,055,047 | ||||||||||||
OTHER ASSETS & LIABILITIES, NET - (5.92%) | (59,003 | ) | |||||||||||
NET ASSETS - 100.00% | $ | 996,044 | |||||||||||
* | Non-income producing. |
** | Percentage represents less than 0.01%. |
^ | Amount represents less than $1,000. |
d | All or a portion of these securities have been segregated by the Custodian to cover margin or other requirements on open futures contracts. |
e | All or a portion of these securities are out on loan. |
v | Security valued at fair value. |
50
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
Cost amounts are in thousands.
For ease of presentation, we have grouped a number of industry classification categories together in the Statement of Investments. Note that the Accounts use more specific industry categories in following their investment limitations on industry concentration.
OPEN FUTURES CONTRACTS: | NUMBER OF CONTRACTS | MARKET VALUE | EXPIRATION DATE | UNREALIZED APPRECIATION (DEPRECIATION) | |||||||
E-mini Russell 2000 Index | 3 | $ | 238,470 | March 2007 | $ | (2,227 | ) | ||||
E-mini S&P 500 Index | 12 | 857,040 | March 2007 | 2,713 | |||||||
E-mini S&P Mid 400 Index | 2 | 162,260 | March 2007 | (3,194 | ) | ||||||
$ | (2,708 | ) |
51
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) Evaluation of disclosure controls and procedures. An evaluation was performed within 90 days from the date hereof 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 the reporting period covered by this report.
(b) Changes in internal controls. There were no changes in the Registrant’s internal controls over financial reporting that occurred during the Registrant’s second fiscal quarter of the 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 (EX-99.CODE.ETH)
12(a)(2)(i) Section 302 certification of the principal executive officer (EX-99.CERT)
12(a)(2)(ii) Section 302 certification of the principal financial officer (EX-99.CERT)
12(b) Section 906 certification (EX-99.906CERT)
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.
TIAA SEPARATE ACCOUNT VA-1 | ||||||||
Date: | February 28, 2007 | By: | /s/ Herbert M. Allison, Jr. | |||||
Herbert M. Allison, Jr. | ||||||||
President and Chief 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.
Date: | February 28, 2007 | By: | /s/ Herbert M. Allison, Jr. | |||||
Herbert M. Allison, Jr. | ||||||||
President and Chief Executive Officer (principal executive officer) | ||||||||
Date: | February 28, 2007 | By: | /s/ Georganne C. Proctor | |||||
Georganne C. Proctor | ||||||||
Executive Vice President and Chief Financial Officer (principal financial officer) |
EXHIBIT INDEX
Item 12. Exhibits.
12(a)(1) Copy of current SOX code of ethics (EX-99.CODE.ETH)
12(a)(2)(i) Section 302 certification of the principal executive officer (EX-99.CERT)
12(a)(2)(ii) Section 302 certification of the principal financial officer (EX-99.CERT)
12(b) Section 906 certification (EX-99.906CERT)