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 | 10017-3206 | |
(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: June 30, 2008
Item 1. | Reports to Stockholders. |
PERFORMANCE OVERVIEW AS OF JUNE 30, 2008
Total return | Average annual total return | |||||||||||||
Inception date | 1 year | 5 years | 10 years | Since inception* | ||||||||||
EQUITIES | ||||||||||||||
Stock Index Account | 11/1/1994 | –13.16 | % | 7.66 | % | 3.00 | % | 9.15 | % |
* | The performance shown is computed from the inception date of the account (the date on which the account became publicly available). Previously, performance for this account was computed from the day prior to the inception date. |
The returns in this report show past performance, which is no guarantee of future results. Returns and the principal value of your investment will fluctuate. Current performance may be higher or lower than that shown, and you may have a gain or a loss when you redeem your accumulation units. For current performance information, including performance to the most recent month-end, please visit www.tiaa-cref.org, or call 800 223-1200.
UNDERSTANDING THIS REPORT
This report contains information about the TIAA Separate Account VA-1 and describes the account’s results for the six months ended June 30, 2008. The report contains five main sections:
• | The performance overview on the inside front cover shows the account’s returns over a variety of time periods. |
• | The report to policyholders from Edward Grzybowski, the chief investment officer of Teachers Advisors, Inc., the account’s investment adviser, explains how economic conditions affected investment returns from U.S. stocks during the six-month period. |
• | The account performance section compares the account’s return with the returns of its 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 June 30, 2008, 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 the prospectus carefully before investing.
2 | ||
4 | ||
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6 | ||
Account performance | ||
8 | ||
11 | ||
Financial statements | ||
16 | ||
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18 | ||
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20 | ||
25 | ||
Inside back cover |
The U.S. stock market fell sharply in the first six months of 2008, continuing a downturn that began in the last quarter of 2007.
For the six months, the Russell 3000® Index, a broad measure of the U.S. stock market, declined 11.1%. This double-digit loss eroded the longer-term return of the index: For the ten years ended June 30, 2008, the Russell 3000 posted an average annual gain of 3.5%, down from 6.2% for the ten years ended December 31, 2007.
Weak economy, rising inflation take their toll
A faltering U.S. economy provided a gloomy backdrop for stock investing during the period. In the second quarter, gross domestic product (GDP) was estimated as growing at an annual rate of 1.9%—significantly below the nation’s long-term growth rate.
The slumping U.S. housing market and related problems stemming from the subprime mortgage crisis continued to weigh on the economy. In June, U.S. housing starts fell to their lowest level since 1991, and sales of existing homes hit a 10-year low. Meanwhile, home prices dropped, mortgage delinquencies rose and credit remained tight.
Employment and corporate earnings data were also discouraging. The U.S. Department of Labor reported job losses in each of the six months of the period, and the national unemployment rate stood at 5.5% in June, up from 5.0% six months earlier.
In the first quarter of 2008, the growth of U.S. corporate earnings—a primary driver of stock market performance—remained negative on a year-over-year basis for the third quarter in a row.
In an effort to bolster the economy and ease the credit crunch, the Federal Reserve cut the federal funds rate three times in the first quarter of 2008 and once more on April 30, to 2.0%, its lowest level since 2004. However, accelerating inflation—led by oil prices that soared above $140 per barrel by the end of June—prevented the Fed from lowering the rate further.
Bond returns suffer, too
Bonds fared better than stocks; bond returns were positive for the six months. The Lehman Brothers U.S. Aggregate Index, which measures the broad U.S. investment-grade, fixed-rate bond market, returned 1.1%—far below the historical norm for a six-month period.
The Lehman index gained 2.2% in the first quarter. In the second quarter, amid heightened inflation fears and an end to the Federal Reserve’s string of short-term interest-rate cuts, the index fell 1.0%.
Low-cost indexing helps mitigate the effects of a down market
The Stock Index Account, the underlying investment portfolio of the
2 2008 Semiannual Report ¡ TIAA Separate Account VA-1
TIAA Separate Account VA-1, uses an indexing strategy. For the first six months of 2008, the account’s 11.3% loss was smaller than the 12.2% average decline of its peer group, the Morningstar Large Blend (VA) category.
For the ten years ended June 30, 2008, the account posted an average annual return of 3.0%, versus the 1.7% average annual return of its Morningstar category.
The Stock Index Account is designed to track the overall U.S. stock market. The account’s managers create a portfolio that closely matches the overall investment characteristics of the account’s benchmark, the Russell 3000 Index. For example, the breakdown of the portfolio’s holdings by company size, as shown on page 10, is similar to that of the Russell index. The account also distributes its investments among the benchmark’s twelve industry sectors in a way that mirrors the index. Keeping the characteristics of the account close to those of the benchmark helps to make sure that the index and the account produce a similar return.
While past performance is no guarantee of future results, indexing provides broad diversification, which has helped the account’s portfolio avoid concentrated losses in individual market sectors when stocks have declined and capture the market’s gains when stocks have advanced.
Edward J. Grzybowski
Chief Investment Officer
Teachers Advisors, Inc.
Generally, indexing also helps keep an account’s expenses low, so investors incur smaller losses when the portfolio’s returns are negative and receive a larger share of earnings when its returns are positive. 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.
/s/ Edward J. Grzybowski |
Edward J. Grzybowski |
Chief Investment Officer |
Teachers Advisors, Inc. |
TIAA Separate Account VA-1 ¡ 2008 Semiannual Report 3
MORE INFORMATION FOR POLICYHOLDERS
Portfolio listings
Securities and Exchange Commission (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, and they are available to the public.
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 June 30, 2008) in the following ways:
• | By visiting our website at www.tiaa-cref.org; or |
• | By calling us at 800 842-2776 to request a copy, which will be provided free of charge. |
You can also obtain a complete list of the holdings in the separate account’s investment portfolio, the Stock Index Account, 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 on our website at www.tiaa-cref.org, or on the SEC’s 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 on our website or on Form N-PX at www.sec.gov.
Contacting TIAA-CREF
There are three easy ways to contact us: by e-mail, using the Contact Us link at the top of our home page; by mail at TIAA-CREF, 730 Third Avenue, New York NY 10017-3206; or by phone at 800 223-1200.
Account management
TIAA Separate Account VA-1 is managed by a portfolio management team of Teachers Advisors, Inc. The members of this team are responsible for the day-to-day investment management of the account.
4 2008 Semiannual Report ¡ TIAA Separate Account VA-1
Annuities are insurance contracts 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 will vary depending on investment returns.
Benchmarks (benchmark indexes) are groups of securities, such as the Russell 3000® Index or the MSCI EAFE® Index, whose performance can be used as a standard by which to judge the performance of a variable annuity.*
Expense ratio is a measure of the annual amount that investors pay for the management of a variable annuity account. It 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 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.
Price/earnings ratio (P/E) is calculated by dividing the market value of a portfolio’s assets by its earnings per share over a twelve-month period.
Securities is a general name for stocks (also known as “equities”), bonds (also known as “fixed-income securities”) or other marketable investments.
Separate account of a life insurance company is an account that holds assets apart from assets held in the insurance company’s general account. A separate account may hold investments that support nonguaranteed insurance and annuity products. A life insurer’s general account supports insurance 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 Russell Investment Group. TIAA-CREF products are not promoted or sponsored by, or affiliated with, Russell Investment Group. EAFE (which stands for Europe, Australasia, Far East) is a trademark of MSCI, Inc. |
TIAA Separate Account VA-1 ¡ 2008 Semiannual 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 U.S. 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 example assumes $1,000 was invested on January 1, 2008, and held for six months until June 30, 2008.
Actual expenses
The first line in the table below 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.
EXPENSE EXAMPLE
Six months ended June 30, 2008
Stock Index Account | Starting account value (1/1/08) | Ending account value (6/30/08) | Expenses paid* (1/1/08– 6/30/08) | ||||||
Actual return | $ | 1,000.00 | $ | 887.10 | $ | 3.14 | |||
5% annual hypothetical return | 1,000.00 | 1,021.49 | 3.37 |
* | “Expenses paid” is based on the account’s annualized expense ratio for the most recent fiscal half-year, multiplied by the average account value over the six-month period, multiplied by 182/366. There were 182 days in the six months ended June 30, 2008. The account’s annualized six-month expense ratio for that period is 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%. |
6 2008 Semiannual Report ¡ TIAA Separate Account VA-1
Hypothetical example for comparison purposes
The second line in the table shows hypothetical account values and expenses based on the account’s actual expense ratio for the six-month period and an assumed 5% per year rate of return before expenses. This was not the account’s actual return.
This hypothetical example cannot be used to estimate the actual expenses you paid for the period, but rather allows you to compare the ongoing costs of investing in this account with the costs of other accounts. To do so, compare our 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of other accounts.
TIAA Separate Account VA-1 ¡ 2008 Semiannual Report 7
STOCK INDEX ACCOUNT U.S. STOCKS
PERFORMANCE IN THE SIX MONTHS ENDED JUNE 30, 2008
The Stock Index Account returned –11.29% for the period, compared with the –11.05% return of its benchmark, the Russell 3000® Index, and the –12.19% average return of the account’s peer group, the Morningstar Large Blend (VA) category, which included 5,688 variable annuities as of June 30, 2008.
Broad market slump intensifies
After declining 1.84% during the second half of 2007, the U.S. equity market, as measured by the Russell 3000 Index, posted a double-digit loss for the first half of 2008. Most of the drop occurred during the year’s first quarter, when the index fell 9.52% on investor concerns about deteriorating conditions in the credit markets and soaring energy prices. Stocks rebounded in April and May, but a June sell-off resulted in an 8.25% decline—the largest monthly loss for U.S. stocks since September 2002.
For the six months, growth outperformed value across all three capitalization sizes. The mid caps of the Russell 3000 held up best, falling 7.57%, followed by small-cap issues, which dropped 9.37% and large-cap stocks, which declined 11.20%.
Domestic equities were largely in line with foreign stocks, which fell 10.96% in dollar terms, as measured by the MSCI EAFE® Index. For the ten years ended June 30, 2008, the average annual return of the Russell 3000 Index was 3.51%—more than two percentage points below the 5.83% average gain of the EAFE.
Only energy sectors are spared
For the period, ten of the benchmark’s twelve industry sectors retreated, with seven posting double-digit losses. Results were driven by outsized declines in its three largest sectors—financials, technology and consumer discretionary, which fell 26.1%, 12.7% and 12.4%, respectively. On June 30, 2008, these sectors made up more than 40% of the benchmark, in terms of market capitalization.
Only the “other energy” and integrated oils sectors advanced, gaining 24.8% and 1.8%, respectively.
Largest stocks generally post poor results
In descending order according to capitalization size, the five largest stocks in the benchmark performed as follows: ExxonMobil, –6.4%; General Electric, –26.9%; Microsoft, –23.2%; Chevron, 5.8%; and AT&T, –18.7%.
For the period, the account’s return, minus the effects of expenses and of some cash holdings for liquidity, was similar to that of its benchmark. The account had a risk profile similar to that of its benchmark.
8 2008 Semiannual Report ¡ TIAA Separate Account VA-1
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.
PRINCIPAL INVESTMENT RISKS
The account is subject to market risk, company risk, small- and mid-cap risk and index risk. For a detailed 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. This 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 JUNE 30, 2008
Total return | Average annual total return | Cumulative total return | ||||||||||||||||
6 months | 1 year | 5 years | 10 years | 5 years | 10 years | |||||||||||||
Stock Index Account | –11.29 | % | –13.16 | % | 7.66 | % | 3.00 | % | 44.69 | % | 34.47 | % | ||||||
Russell 3000 Index | –11.05 | –12.69 | 8.37 | 3.51 | 49.50 | 41.24 | ||||||||||||
Morningstar Large Blend (VA) | –12.19 | –14.28 | 6.33 | 1.68 | 34.90 | 15.34 |
The returns in this report show past performance, which is no guarantee of future results. Returns and the principal value of your investment will fluctuate. Current performance may be higher or lower than that shown, and you may have a gain or a loss when you redeem your accumulation units. For current performance information, including performance to the most recent month-end, please visit www.tiaa-cref.org.
Russell 3000 is a trademark and service mark of Russell Investment Group. TIAA-CREF products are not promoted or sponsored by, or affiliated with, Russell Investment Group.
ACCOUNT PROFILE
Inception date | 11/1/1994 | |
Net assets | $840.16 million | |
Total annual expense ratio‡ | 0.67% | |
Weighted median market capitalization | $ 32.3 billion | |
P/E ratio (weighted 12-month trailing average) | 16.9 | |
‡ 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%. |
TIAA Separate Account VA-1 ¡ 2008 Semiannual Report 9
STOCK INDEX ACCOUNT U.S. STOCKS
$10,000 OVER 10 YEARS
An investment of $10,000 in this account on July 1, 1998, would have grown to $13,447 over the next 10 years, 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 RETURN SINCE 1998
* | Partial year |
HOLDINGS BY COMPANY SIZE
% of portfolio investments | ||
Over $15 billion | 66.30 | |
$4 billion–$15 billion | 18.80 | |
Under $4 billion | 14.90 | |
Total | 100.0 |
10 2008 Semiannual Report ¡ TIAA Separate Account VA-1
SUMMARY PORTFOLIO OF INVESTMENTS (UNAUDITED)
TIAA SEPARATE ACCOUNT VA-1 n JUNE 30, 2008
Shares | Company | Value (000) | % of net assets | |||||||||
COMMON STOCKS | ||||||||||||
AGRICULTURAL PRODUCTION-CROPS e* | $ | 39 | 0.00 | %** | ||||||||
AGRICULTURAL PRODUCTION-LIVESTOCK e | 93 | 0.01 | ||||||||||
AGRICULTURAL SERVICES e* | 12 | 0.00 | ** | |||||||||
AMUSEMENT AND RECREATION SERVICES | ||||||||||||
114,032 | Walt Disney Co | 3,558 | 0.43 | |||||||||
e,v* | Other | 1,363 | 0.16 | |||||||||
4,921 | 0.59 | |||||||||||
APPAREL AND ACCESSORY STORES e* | 4,100 | 0.49 | ||||||||||
APPAREL AND OTHER TEXTILE PRODUCTS e* | 1,355 | 0.16 | ||||||||||
AUTO REPAIR, SERVICES AND PARKING e* | 655 | 0.08 | ||||||||||
AUTOMOTIVE DEALERS AND SERVICE STATIONS e* | 1,270 | 0.15 | ||||||||||
BUILDING MATERIALS AND GARDEN SUPPLIES e* | 4,536 | 0.54 | ||||||||||
BUSINESS SERVICES | ||||||||||||
14,173 | * | Google, Inc (Class A) | 7,461 | 0.89 | ||||||||
480,474 | d | Microsoft Corp | 13,218 | 1.58 | ||||||||
233,094 | * | Oracle Corp | 4,895 | 0.58 | ||||||||
e,v* | Other | 36,560 | 4.35 | |||||||||
62,134 | 7.40 | |||||||||||
CHEMICALS AND ALLIED PRODUCTS | ||||||||||||
92,363 | Abbott Laboratories | 4,892 | 0.58 | |||||||||
65,167 | * | Amgen, Inc | 3,073 | 0.37 | ||||||||
55,760 | * | Gilead Sciences, Inc | 2,952 | 0.35 | ||||||||
128,462 | Merck & Co, Inc | 4,842 | 0.58 | |||||||||
32,845 | Monsanto Co | 4,153 | 0.49 | |||||||||
404,911 | Pfizer, Inc | 7,074 | 0.84 | |||||||||
182,957 | Procter & Gamble Co | 11,126 | 1.32 | |||||||||
79,796 | Wyeth | 3,827 | 0.46 | |||||||||
e* | Other | 38,096 | 4.54 | |||||||||
80,035 | 9.53 | |||||||||||
COAL MINING e* | 4,416 | 0.53 | ||||||||||
COMMUNICATIONS | ||||||||||||
355,622 | AT&T, Inc | 11,981 | 1.43 | |||||||||
167,809 | Comcast Corp (Class A) | 3,183 | 0.38 | |||||||||
170,613 | Verizon Communications, Inc | 6,040 | 0.72 | |||||||||
e* | Other | 13,828 | 1.64 | |||||||||
35,032 | 4.17 | |||||||||||
DEPOSITORY INSTITUTIONS | ||||||||||||
266,168 | Bank of America Corp | 6,353 | 0.76 | |||||||||
325,353 | Citigroup, Inc | 5,453 | 0.65 | |||||||||
205,965 | JPMorgan Chase & Co | 7,067 | 0.84 | |||||||||
103,857 | US Bancorp | 2,897 | 0.34 | |||||||||
197,654 | Wells Fargo & Co | 4,694 | 0.56 | |||||||||
e,v* | Other | 21,190 | 2.52 | |||||||||
47,654 | 5.67 | |||||||||||
See notes to financial statements | TIAA Separate Account VA-1 n 2008 Semiannual Report | 11 |
SUMMARY PORTFOLIO OF INVESTMENTS (UNAUDITED) | continued |
TIAA SEPARATE ACCOUNT VA-1 n JUNE 30, 2008
Shares | Company | Value (000) | % of net assets | |||||||||
EATING AND DRINKING PLACES | ||||||||||||
67,743 | McDonald’s Corp | $ | 3,808 | 0.45 | % | |||||||
e* | Other | 3,562 | 0.43 | |||||||||
7,370 | 0.88 | |||||||||||
EDUCATIONAL SERVICES e* | 1,139 | 0.14 | ||||||||||
ELECTRIC, GAS, AND SANITARY SERVICES | ||||||||||||
39,404 | Exelon Corp | 3,545 | 0.42 | |||||||||
e,m,v* | Other | 35,831 | 4.27 | |||||||||
39,376 | 4.69 | |||||||||||
ELECTRONIC AND OTHER ELECTRIC EQUIPMENT | ||||||||||||
52,765 | * | Apple Computer, Inc | 8,835 | 1.05 | ||||||||
353,624 | * | Cisco Systems, Inc | 8,225 | 0.98 | ||||||||
342,831 | Intel Corp | 7,364 | 0.88 | |||||||||
96,874 | Qualcomm, Inc | 4,298 | 0.51 | |||||||||
e* | Other | 26,499 | 3.15 | |||||||||
55,221 | 6.57 | |||||||||||
ENGINEERING AND MANAGEMENT SERVICES e* | 9,223 | 1.10 | ||||||||||
FABRICATED METAL PRODUCTS e* | 4,736 | 0.56 | ||||||||||
FOOD AND KINDRED PRODUCTS | ||||||||||||
139,019 | Coca-Cola Co | 7,226 | 0.86 | |||||||||
94,931 | PepsiCo, Inc | 6,037 | 0.72 | |||||||||
e* | Other | 17,142 | 2.04 | |||||||||
30,405 | 3.62 | |||||||||||
FOOD STORES e* | 2,828 | 0.34 | ||||||||||
FORESTRY | 845 | 0.10 | ||||||||||
FURNITURE AND FIXTURES e | 1,976 | 0.24 | ||||||||||
FURNITURE AND HOME FURNISHINGS STORES e* | 1,299 | 0.15 | ||||||||||
GENERAL BUILDING CONTRACTORS e* | 1,599 | 0.19 | ||||||||||
GENERAL MERCHANDISE STORES | ||||||||||||
134,289 | Wal-Mart Stores, Inc | 7,547 | 0.90 | |||||||||
e* | Other | 6,508 | 0.77 | |||||||||
14,055 | 1.67 | |||||||||||
HEALTH SERVICES e* | 9,807 | 1.17 | ||||||||||
HEAVY CONSTRUCTION, EXCEPT BUILDING e* | 796 | 0.09 | ||||||||||
HOLDING AND OTHER INVESTMENT OFFICES | ||||||||||||
43,852 | e | iShares Russell 3000 Index Fund | 3,284 | 0.39 | ||||||||
e* | Other | 17,491 | 2.08 | |||||||||
20,775 | 2.47 | |||||||||||
HOTELS AND OTHER LODGING PLACES e* | 2,391 | 0.28 | ||||||||||
12 | 2008 Semiannual Report n TIAA Separate Account VA-1 | See notes to financial statements |
SUMMARY PORTFOLIO OF INVESTMENTS (UNAUDITED) | continued |
TIAA SEPARATE ACCOUNT VA-1 n JUNE 30, 2008
Shares | Company | Value (000) | % of net assets | |||||||||
INDUSTRIAL MACHINERY AND EQUIPMENT | ||||||||||||
596,550 | General Electric Co | $ | 15,922 | 1.90 | % | |||||||
147,429 | Hewlett-Packard Co | 6,518 | 0.77 | |||||||||
82,019 | International Business Machines Corp | 9,722 | 1.16 | |||||||||
e,m,v* | Other | 25,542 | 3.04 | |||||||||
57,704 | 6.87 | |||||||||||
INSTRUMENTS AND RELATED PRODUCTS | ||||||||||||
168,664 | Johnson & Johnson | 10,852 | 1.29 | |||||||||
67,209 | Medtronic, Inc | 3,478 | 0.42 | |||||||||
e* | Other | 27,740 | 3.30 | |||||||||
42,070 | 5.01 | |||||||||||
INSURANCE AGENTS, BROKERS AND SERVICE e* | 3,502 | 0.42 | ||||||||||
INSURANCE CARRIERS | ||||||||||||
138,834 | American International Group, Inc | 3,674 | 0.44 | |||||||||
e* | Other | 26,127 | 3.11 | |||||||||
29,801 | 3.55 | |||||||||||
JUSTICE, PUBLIC ORDER AND SAFETY e* | 70 | 0.01 | ||||||||||
LEATHER AND LEATHER PRODUCTS e* | 877 | 0.10 | ||||||||||
LEGAL SERVICES e* | 235 | 0.03 | ||||||||||
LOCAL AND INTERURBAN PASSENGER TRANSIT e* | 13 | 0.00 | ** | |||||||||
LUMBER AND WOOD PRODUCTS e* | 176 | 0.02 | ||||||||||
METAL MINING e* | 6,067 | 0.72 | ||||||||||
MISCELLANEOUS MANUFACTURING INDUSTRIES e* | 2,738 | 0.33 | ||||||||||
MISCELLANEOUS RETAIL | ||||||||||||
85,648 | CVS Corp | 3,389 | 0.40 | |||||||||
e* | Other | 7,406 | 0.88 | |||||||||
10,795 | 1.28 | |||||||||||
MOTION PICTURES | ||||||||||||
212,607 | Time Warner, Inc | 3,146 | 0.38 | |||||||||
e* | Other | 4,715 | 0.56 | |||||||||
7,861 | 0.94 | |||||||||||
NONDEPOSITORY INSTITUTIONS e* | 7,907 | 0.94 | ||||||||||
NONMETALLIC MINERALS, EXCEPT FUELS e* | 605 | 0.07 | ||||||||||
OIL AND GAS EXTRACTION | ||||||||||||
71,409 | Schlumberger Ltd | 7,672 | 0.91 | |||||||||
19,086 | Transocean, Inc | 2,909 | 0.35 | |||||||||
e,m,v* | Other | 34,662 | 4.13 | |||||||||
45,243 | 5.39 | |||||||||||
PAPER AND ALLIED PRODUCTS e* | 3,494 | 0.42 | ||||||||||
PERSONAL SERVICES *e | 1,178 | 0.14 | ||||||||||
See notes to financial statements | TIAA Separate Account VA-1 n 2008 Semiannual Report | 13 |
SUMMARY PORTFOLIO OF INVESTMENTS (UNAUDITED) | continued |
TIAA SEPARATE ACCOUNT VA-1 n JUNE 30, 2008
Shares | Company | Value (000) | % of net assets | |||||||||
PETROLEUM AND COAL PRODUCTS | ||||||||||||
123,790 | Chevron Corp | $ | 12,271 | 1.46 | % | |||||||
92,319 | ConocoPhillips | 8,714 | 1.04 | |||||||||
26,723 | Devon Energy Corp | 3,211 | 0.38 | |||||||||
316,225 | Exxon Mobil Corp | 27,869 | 3.32 | |||||||||
49,123 | Occidental Petroleum Corp | 4,414 | 0.52 | |||||||||
e* | Other | 14,804 | 1.76 | |||||||||
71,283 | 8.48 | |||||||||||
PIPELINES, EXCEPT NATURAL GAS | 1,084 | 0.13 | ||||||||||
PRIMARY METAL INDUSTRIES e* | 10,529 | 1.25 | ||||||||||
PRINTING AND PUBLISHING e* | 3,142 | 0.37 | ||||||||||
RAILROAD TRANSPORTATION e* | 7,224 | 0.86 | ||||||||||
REAL ESTATE e* | 820 | 0.10 | ||||||||||
RUBBER AND MISCELLANEOUS PLASTIC PRODUCTS e* | 2,522 | 0.30 | ||||||||||
SECURITY AND COMMODITY BROKERS | ||||||||||||
23,594 | Goldman Sachs Group, Inc | 4,127 | 0.49 | |||||||||
e* | Other | 15,812 | 1.88 | |||||||||
19,939 | 2.37 | |||||||||||
SOCIAL SERVICES e* | 45 | 0.01 | ||||||||||
SPECIAL TRADE CONTRACTORS e* | 708 | 0.08 | ||||||||||
STONE, CLAY, AND GLASS PRODUCTS | ||||||||||||
42,149 | 3M Co | 2,933 | 0.35 | |||||||||
e* | Other | 1,005 | 0.12 | |||||||||
3,938 | 0.47 | |||||||||||
TEXTILE MILL PRODUCTS e | 20 | 0.00 | ** | |||||||||
TOBACCO PRODUCTS | ||||||||||||
126,060 | Philip Morris International, Inc | 6,226 | 0.74 | |||||||||
e* | Other | 3,899 | 0.46 | |||||||||
10,125 | 1.20 | |||||||||||
TRANSPORTATION BY AIR e* | 2,783 | 0.33 | ||||||||||
TRANSPORTATION EQUIPMENT | ||||||||||||
44,973 | Boeing Co | 2,956 | 0.35 | |||||||||
58,247 | United Technologies Corp | 3,594 | 0.43 | |||||||||
e* | Other | 12,442 | 1.48 | |||||||||
18,992 | 2.26 | |||||||||||
TRANSPORTATION SERVICES e* | 1,668 | 0.20 | ||||||||||
TRUCKING AND WAREHOUSING e* | 3,314 | 0.39 | ||||||||||
WATER TRANSPORTATION e* | 2,429 | 0.29 | ||||||||||
WHOLESALE TRADE-DURABLE GOODS e* | 3,131 | 0.37 | ||||||||||
WHOLESALE TRADE-NONDURABLE GOODS e* | 4,874 | 0.58 | ||||||||||
TOTAL COMMON STOCKS | (Cost $635,577) | 838,999 | 99.86 | |||||||||
14 | 2008 Semiannual Report n TIAA Separate Account VA-1 | See notes to financial statements |
SUMMARY PORTFOLIO OF INVESTMENTS (UNAUDITED) | concluded |
TIAA SEPARATE ACCOUNT VA-1 n JUNE 30, 2008
Shares | Issuer | Value (000) | % of net assets | ||||||||||
SHORT-TERM INVESTMENTS | |||||||||||||
U.S. GOVERNMENT AND AGENCIES DISCOUNT NOTES + | $ | 1,140 | 0.14 | % | |||||||||
Company | |||||||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | |||||||||||||
88,619,421 | State Street Navigator Securities Lending Prime Portfolio | 88,619 | 10.55 | ||||||||||
88,619 | 10.55 | ||||||||||||
TOTAL SHORT-TERM INVESTMENTS | (Cost $89,759) | 89,759 | 10.69 | ||||||||||
TOTAL PORTFOLIO | (Cost $725,336) | 928,758 | 110.55 | ||||||||||
OTHER ASSETS & LIABILITIES, NET | (88,598 | ) | (10.55 | ) | |||||||||
NET ASSETS | $ | 840,160 | 100.00 | % | |||||||||
* | Non-income producing. |
** | Percentage represents less than 0.01%. |
+ | Notes mature 07/01/08. |
d | All or a portion of these securities have been segregated by the custodian to cover margin or other requirements on open future contracts in the amount of $91,179. |
e | All or a portion of these securities are out on loan. |
m | Indicates a security that has been deemed illiquid. |
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 Account uses more specific industry categories in following its investment limitations on industry concentration. The grouped categories can carry footnotes which can pertain to only a portion of the securities within that group.
See notes to financial statements | TIAA Separate Account VA-1 n 2008 Semiannual Report | 15 |
STATEMENT OF ASSETS AND LIABILITIES (UNAUDITED)
TIAA SEPARATE ACCOUNT VA-1 n JUNE 30, 2008
(amounts in thousands, except amounts per accumulation unit) | Stock Index Account | ||
ASSETS | |||
Investments, at cost | $ | 725,336 | |
Net unrealized appreciation of investments | 203,422 | ||
Investments, at value (including securities loaned of $85,146) | 928,758 | ||
Cash | 127 | ||
Dividends and interest receivable | 1,159 | ||
Receivable from securities sold | 15,722 | ||
Total assets | 945,766 | ||
LIABILITIES | |||
Payable for collateral for securities loaned – Note 1 | 88,619 | ||
Payable for securities purchased | 15,840 | ||
Amount due to investment advisor | 1,146 | ||
Other | 1 | ||
Total liabilities | 105,606 | ||
NET ASSETS | |||
Accumulation Fund | $ | 840,160 | |
Accumulation units outstanding | 9,901 | ||
Net asset value per accumulation unit | $84.85 | ||
16 | 2008 Semiannual Report n TIAA Separate Account VA-1 | See notes to financial statements |
STATEMENT OF OPERATIONS (UNAUDITED)
TIAA SEPARATE ACCOUNT VA-1 n FOR THE SIX MONTHS ENDED JUNE 30, 2008
(amounts in thousands) | Stock Index Account | |||
INVESTMENT INCOME | ||||
Income: | ||||
Dividends | $ | 8,548 | ||
Interest | 8 | |||
Interest from securities lending | 497 | |||
Total income | 9,053 | |||
EXPENSES: | ||||
Investment advisory charges | 1,344 | |||
Administrative expenses | 897 | |||
Mortality and expense risk charges | 1,792 | |||
Total expenses before waiver | 4,033 | |||
Investment advisory charges waived | (1,030 | ) | ||
Net expenses | 3,003 | |||
Net investment income | 6,050 | |||
REALIZED AND UNREALIZED GAIN (LOSS) ON TOTAL INVESTMENTS | ||||
Net realized gain (loss) on: | ||||
Portfolio investments | 12,837 | |||
Futures transactions | (204 | ) | ||
Net realized gain on total investments | 12,633 | |||
Net change in unrealized depreciation on: | ||||
Portfolio investments | (128,810 | ) | ||
Futures transactions | (46 | ) | ||
Net change in unrealized depreciation on total investments | (128,856 | ) | ||
Net realized and unrealized loss on total investments | (116,223 | ) | ||
Net decrease in net assets resulting from operations | $ | (110,173 | ) | |
See notes to financial statements | TIAA Separate Account VA-1 n 2008 Semiannual Report | 17 |
STATEMENT OF CHANGES IN NET ASSETS
TIAA SEPARATE ACCOUNT VA-1 n JUNE 30, 2008
Stock Index Account | ||||||||
(amounts in thousands) | For the Six Months Ended June 30, 2008 | For the Year Ended December 31, 2007 | ||||||
(unaudited) | ||||||||
FROM OPERATIONS | ||||||||
Net investment income | $ | 6,050 | $ | 12,171 | ||||
Net realized gain on investments | 12,633 | 33,390 | ||||||
Net change in unrealized appreciation (depreciation) on investments | (128,856 | ) | (137 | ) | ||||
Net increase in net assets resulting from operations | (110,173 | ) | 45,424 | |||||
FROM CONTRACTOWNER TRANSACTIONS | ||||||||
Premiums | 7,545 | 19,369 | ||||||
Net contractowner transfers to fixed account | (23,533 | ) | (13,882 | ) | ||||
Withdrawals and death benefits | (22,971 | ) | (57,663 | ) | ||||
Net decrease in net assets resulting from contractowner transactions | (38,959 | ) | (52,176 | ) | ||||
Net increase (decrease) in net assets | (149,132 | ) | (6,752 | ) | ||||
NET ASSETS | ||||||||
Beginning of period | 989,292 | 996,044 | ||||||
End of period | $ | 840,160 | $ | 989,292 | ||||
ACCUMULATION UNITS | ||||||||
Credited for premiums | 85 | 203 | ||||||
Cancelled for transfers and disbursements | (529 | ) | (740 | ) | ||||
Outstanding: | ||||||||
Beginning of period | 10,345 | 10,882 | ||||||
End of period | 9,901 | 10,345 | ||||||
18 | 2008 Semiannual Report n TIAA Separate Account VA-1 | See notes to financial statements |
TIAA SEPARATE ACCOUNT VA-1 n FOR THE PERIOD OR YEAR ENDED
Stock Index Account | |||||||||||||||||||
6/30/08 | 12/31/07 | 12/31/06 | 12/31/05 | 12/31/04 | 12/31/03 | ||||||||||||||
(unaudited) | |||||||||||||||||||
FOR AN ACCUMULATION UNIT OUTSTANDING THROUGHOUT EACH PERIOD | |||||||||||||||||||
Investment income | $ | 0.869 | $ | 1.750 | $ | 1.568 | $ | 1.378 | $ | 1.359 | $ | 1.041 | |||||||
Expenses | 0.267 | 0.575 | 0.584 | 0.519 | 0.468 | 0.310 | |||||||||||||
Net investment income | 0.602 | 1.175 | 0.984 | 0.859 | 0.891 | 0.731 | |||||||||||||
Net realized and unrealized gain (loss) on investments | (11.396 | ) | 2.979 | 10.909 | 3.222 | 6.727 | 15.066 | ||||||||||||
Net change in accumulation unit value | (10.794 | ) | 4.154 | 11.893 | 4.081 | 7.618 | 15.797 | ||||||||||||
Accumulation unit value: |
| ||||||||||||||||||
Beginning of period | 95.646 | 91.492 | 79.599 | 75.518 | 67.900 | 52.103 | |||||||||||||
End of period | $ | 84.852 | $ | 95.646 | $ | 91.492 | $ | 79.599 | $ | 75.518 | $ | 67.900 | |||||||
TOTAL RETURN* | (11.29% | )(b) | 4.54% | 14.94% | 5.40% | 11.22% | 30.32% | ||||||||||||
RATIOS TO AVERAGE NET ASSETS | |||||||||||||||||||
Expenses before expense waiver | 0.90% | (a) | 0.90% | 0.90% | 0.90% | 0.90% | 0.76% | ||||||||||||
Expenses after expense waiver | 0.67% | (a) | 0.67% | 0.67% | 0.67% | 0.67% | 0.53% | ||||||||||||
Net investment income | 1.36% | (a) | 1.19% | 1.13% | 1.12% | 1.28% | 1.26% | ||||||||||||
SUPPLEMENTAL DATA | |||||||||||||||||||
Portfolio turnover rate | 4% | (b) | 6% | 7% | 6% | 5% | 4% | ||||||||||||
Accumulation units outstanding at end of period (in thousands) | 9,901 | 10,345 | 10,882 | 11,598 | 12,123 | 12,176 | |||||||||||||
Net assets at end of period (in thousands) | $ | 840,160 | $ | 989,292 | $ | 996,044 | $ | 923,201 | $ | 915,478 | $ | 826,747 |
* | Based on per accumulation data. |
(a) | Annualized for periods less than one year. |
(b) | Not annualized for periods less than one year. |
See notes to financial statements | TIAA Separate Account VA-1 n 2008 Semiannual Report | 19 |
NOTES TO FINANCIAL STATEMENTS (UNAUDITED)
TIAA SEPARATE ACCOUNT VA-1
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”).
The accompanying financial statements were prepared in accordance with U.S. generally accepted accounting principles (GAAP), 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 one year or less, are valued in the same manner as debt securities or derived from a pricing matrix that has various types of money market instruments along one axis and various maturities along the other. Investments in registered investment companies are valued at net asset value on the valuation date.
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.
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.
Accounting for investments and investment income: Security transactions are accounted for as of the trade date. Interest income is recorded as earned and includes accretion of discounts and amortization of premiums using the effective yield method. Dividend income is recorded on the ex-dividend date or, for certain foreign securities, as soon thereafter as the Account is informed of the ex-dividend
20 | 2008 Semiannual Report n TIAA Separate Account VA-1 |
continued |
date. Realized gains and losses on security transactions are based on the identified cost basis.
Distributions received from Real Estate Investment Trusts (“REITs”) are recorded on the ex-dividend date. Each REIT reports annually the tax character of its distributions. Dividend income, realized gains and unrealized appreciation (depreciation) reflect the amounts of taxable income, capital gain and return of capital reported by each REIT, and management’s estimates of such amounts for REIT distributions for which actual information has not been reported.
Securities lending: The Account may lend portfolio securities to qualified financial 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. Such income is reflected separately on the Statement of Operations. The value of the loaned securities and the liability related to the cash collateral received are reflected on the Statement of Assets and Liabilities. 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. All cash collateral is invested in the State Street 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 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.
Restricted securities: Restricted securities held by the Account, if any, may not be sold except in exempt transactions or in a public offering registered under the Securities Act of 1933. The risk in investing in such securities is generally greater than the risk of investing in securities which are widely held and publicly traded.
TIAA Separate Account VA-1 n 2008 Semiannual Report | 21 |
NOTES TO FINANCIAL STATEMENTS (UNAUDITED) |
Cash: The Account may hold cash in its account with the custodian. The Account throughout the year, may have a cash overdraft balance. A fee is incurred on this overdraft.
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.
Fair value measurement: In September 2006, the Financial Accounting Standards Board (“FASB”) issued Statement of Account Standards No. 157, “Fair Value Measurement” (“SFAS 157”). SFAS 157 defines fair value, establishes a framework for measure fair value under U.S. generally accepted accounting principles (“GAAP”) and expands disclosure about fair value measurements. SFAS 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007. Application of SFAS 157 is effective for the Account reporting as of June 30, 2008.
Various inputs are used in determining the value of the Account’s investments. These inputs are summarized in the three broad levels below:
• | Level 1—quoted prices in active markets for identical securities |
• | Level 2—other significant observable inputs (including quoted prices for similar securities, interest rates, credit risk, etc.) |
• | Level 3—significant unobservable inputs (including the Account’s own assumptions in determining the fair value of investments) |
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The following is a summary of the inputs used to value the Account as of June 30, 2008:
Investments in Securities | Other Financial Instruments* | ||||||
Level 1 | $ | 927,618,050 | $ | (45,775 | ) | ||
Level 2 | 1,140,000 | — | |||||
Level 3 | 50 | — | |||||
Total | $ | 928,758,100 | $ | (45,775 | ) |
* | Other financial instruments are derivative instruments not reflected in the statement of investments, such as futures, forwards and swap contracts, which are valued at the unrealized appreciation/depreciation on the instrument. |
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
22 | 2008 Semiannual Report n TIAA Separate Account VA-1 |
continued |
that have not yet occurred. Also, under the Account’s organizational documents, the Managers and Officers of VA-1 are indemnified against certain liabilities that may arise out of their duties to VA-1. However, based on experience, the Account expects the risk of loss due to these warranties and indemnities to be remote.
Note 2—investment adviser and affiliates
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 Financial Industry Regulatory Authority (formerly, 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 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 should never exceed 1.50% per year.
The Managers of the Account, all of whom are independent, receive remuneration for their services, plus travel and other expenses incurred in attending Management Committee meetings. Managers may elect to participate in a deferred compensation plan and defer all or a portion of their compensation. In addition, managers also participate in a long-term compensation plan. Amounts deferred may be invested notionally in certain TIAA-CREF products selected by the managers. TIAA oversees the administration and recordkeeping of these deferred compensation plans on behalf of the Account.
Note 3—investments
At June 30, 2008, the net unrealized appreciation on investments was $203,421,566, consisting of gross unrealized appreciation of $312,263,493 and gross unrealized depreciation of $108,841,927.
Purchases and sales of non-government securities, other than short-term instruments, for the six months ended June 30, 2008, were $35,592,825 and $66,236,378, respectively.
TIAA Separate Account VA-1 n 2008 Semiannual Report | 23 |
NOTES TO FINANCIAL STATEMENTS (UNAUDITED) | concluded |
At June 30, 2008, the Account held open futures contracts as follows:
Number of Open Contracts | Market Value | Expiration Date | Unrealized (Depreciation) | ||||||||
E-mini S&P 500 Index | 14 | $ | 896,770 | September 2008 | $ | (39,821 | ) | ||||
E-mini S&P 400 Index | 1 | 82,120 | September 2008 | (3,327 | ) | ||||||
E-mini Russell 2000 Index | 1 | 69,170 | September 2008 | (2,627 | ) | ||||||
$ | (45,775 | ) | |||||||||
Note 4—line of credit
The Account participates in a $1.25 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 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 six months ended June 30, 2008, the Account did not borrow under this facility.
Note 5—new accounting pronouncement
In March 2008, FASB issued Statement of Accounting Standards No. 161, “Disclosures about Derivative Instruments and Hedging Activities—an amendment of FASB Statement No. 133” (“SFAS 161”). SFAS 161 requires enhanced disclosures about an account’s derivative and hedging activities thereby improving the transparency of the financial reporting. SFAS 161 is effective for financial statements issued for fiscal years and interim periods beginning after November 15, 2008. Management is currently evaluating the impact the adoption of SFAS 161 will have on the presentation of the Account’s financial statements.
24 | 2008 Semiannual Report n TIAA Separate Account VA-1 |
COMMITTEE APPROVAL OF INVESTMENT
MANAGEMENT AGREEMENT
The Management Committee (the “Committee”) of the TIAA Separate Account VA-1 (the “Separate Account”) is responsible for overseeing the Separate Account’s corporate policies and for adhering to fiduciary standards under the Investment Company Act of 1940, as amended (the “1940 Act”), and other applicable laws. Among its duties, the Committee is responsible for determining annually whether to renew the investment management agreement (the “Agreement”) between the Separate Account and Teachers Advisors, Inc. (“TAI”). Under the Agreement, TAI is responsible for providing investment management services to the Separate Account.
Section 15(c) of the 1940 Act provides that, after an initial period, the Agreement will remain in effect only if the Committee, including a majority of those Committee members who have no direct or indirect interest in the Agreement, and who are not “interested persons” of the Separate Account, as that term is defined in the 1940 Act (“Members”), annually renews that Agreement. All of the Members are deemed to be independent persons for this purpose.
OVERVIEW OF THE RENEWAL PROCESS
The Committee held a meeting on April 2, 2008, at which it considered the annual review and renewal of the Agreement using its previously-established process. As part of this process, the Committee delegated certain duties to its Operations Committee. Among these duties, the Operations Committee works with management and legal counsel to the Members to develop additional guidelines and specific requests relating to the types of information to be provided to all Members in connection with the proposed contract renewal, and then to help evaluate the information provided in response to those guidelines. During a series of meetings held prior to April 2, 2008, the Operations Committee reviewed such guidelines and requests in consultation with management representatives and input from other Members and legal counsel to the Members and legal counsel to management, and then evaluated the information produced in accordance with those guidelines.
Among other matters, the Operations Committee followed guidelines regarding reports to be provided to all Members with respect to the Separate Account by the Global Fiduciary Review unit of Lipper, Inc. (“Lipper”). Lipper is an independent provider of investment company data that is widely recognized as a leading source of independent data used by independent directors and trustees of investment companies during their annual advisory contract renewal processes.
As a result of instructions by the Operations Committee on behalf of the Members, Lipper produced, among other information, extensive performance and expense comparison data regarding the Separate Account, including data relating to its management fee rate, total expense ratio, short-term and long-term investment performance, brokerage commission costs and portfolio turnover rates. Lipper also compared much of this data against a universe of investment companies and
TIAA Separate Account VA-1 n 2008 Semiannual Report | 25 |
COMMITTEE APPROVAL OF INVESTMENT
MANAGEMENT AGREEMENT
against a more selective peer group of mutual funds underlying variable insurance products with similar investment objectives and strategies and, in the case of investment performance data, against one or more appropriate broad-based benchmark indices. In each case, Lipper summarized the methodologies employed by it to provide the data contained in its reports. In addition, Lipper represented to the Committee that its reports were designed specifically to provide the Committee with the fee, expense and performance information that is necessary to help the Committee satisfy its duties under Section 15 of the 1940 Act.
Among other matters, the Operations Committee also utilized a framework of factors that could be considered by the Members in order to evaluate the reasonableness of any profits earned by TAI with respect to its services to the Separate Account pursuant to the Agreement. In this connection, the Operations Committee emphasized that different Members could, and likely would, give different weight to different factors when evaluating the profits, if any, realized by TAI.
In advance of the Committee meeting held on April 2, 2008, independent legal counsel for the Members on behalf of the Committee requested, and TAI provided, extensive information that was designed to assist the Committee in its consideration of whether to renew the Agreement. In addition to the data provided by Lipper as described above, this information included, but was not limited to, the following: (1) further information relating to the Separate Account’s investment performance, including performance ratings provided by Morningstar, Inc. (“Morningstar”), which is a widely recognized mutual fund ranking service, and a narrative analysis of the Separate Account’s performance relative to its applicable benchmarks and peer groups, together with an explanation of any special events that had a material impact on performance during the prior year; (2) a description of any fee waiver or expense reimbursement arrangements that were in place during the prior year and the extent to which such arrangements would be continued or modified in the coming year; (3) a comparison of the fees set forth in the Agreement as compared to any other comparable accounts managed by TAI or its affiliates; (4) any “fall-out” benefits that accrued to TAI or its affiliates due to their relationship with the Separate Account aside from TAI’s direct fee payments pursuant to the Agreement; (5) information regarding TAI’s financial resources, senior professional personnel, overall staffing levels, portfolio manager compensation arrangements, disaster recovery plans, insurance coverage, compliance programs, any material pending litigation or compliance issues, portfolio trading and best execution practices, and any actual and potential conflicts of interests confronted by TAI in connection with rendering services to the Separate Account; (6) information as to any profits earned by TAI in connection with its services pursuant to the Agreement; (7) a copy of the Agreement and certain related service agreements between the Separate Account and affiliates of TAI; (8) a copy of TAI’s SEC Form ADV registration statement (which was presented to the Members’ counsel only); and (9) proposed narrative explanations of reasons why the Committee should renew the Agreement.
26 | 2008 Semiannual Report n TIAA Separate Account VA-1 |
continued |
In considering whether to renew the Agreement, the Committee, with assistance from its Operations Committee, reviewed various factors, including: (1) the nature, extent and quality of services provided by TAI to the Separate Account; (2) the investment performance of the Separate Account; (3) the costs of the services provided to the Separate Account and the profits (if any) realized by TAI and its affiliates from their relationship with the Separate Account; (4) the extent to which economies of scale have been realized if the Separate Account’s assets have increased; (5) whether the fee schedule set forth in the Agreement and any applicable waiver reflects any such economies of scale for the benefit of Separate Account investors; (6) comparisons of services and fees with contracts entered into by TAI with other clients; and (7) any other benefits derived or anticipated to be derived by TAI or its affiliates from their relationship with the Separate Account. As a general matter, the Members viewed these factors in their totality, with no single factor being the principal factor in determining whether to renew the Agreements.
In reaching its decisions regarding the renewal of the Separate Account’s Agreement, the Committee took into account the information described above, other information provided to the Committee in connection with this process, and relevant information provided to the Committee on an ongoing basis in connection with its general oversight duties. In addition, the Committee received and considered information from Kirkpatrick & Lockhart Preston Gates Ellis LLP, its independent legal counsel, as to certain relevant guidelines that relate to the renewal process under Section 15(c) of the 1940 Act and certain other legal authorities. In deciding whether to renew the Agreement, each Member may have accorded different weight to different factors and, thus, each Member may have had a different basis for his or her ultimate decision to vote to renew the Agreement.
At its meeting on April 2, 2008, the Committee voted unanimously to renew the Agreement. Set forth below are the general factors the Committee considered, followed by an outline of the specific factors the Committee considered.
THE NATURE, EXTENT AND QUALITY OF SERVICES
The Committee considered that TAI is an experienced investment adviser that has managed the Separate Account since its operations commenced. The investment professionals at TAI also have managed various mutual funds in the TIAA-CREF Institutional Mutual Funds and TIAA-CREF Life Funds. Additionally, an affiliate of TAI, TIAA-CREF Investment Management, LLC, manages the accounts of the College Retirement Equities Fund (“CREF”). Under the Agreement, TAI is responsible for: managing the assets of the Separate Account, including conducting research, recommending investments and placing orders to buy and sell securities for the Account’s investment portfolio; active daily monitoring of the investment portfolios by various personnel with specific responsibility for the particular types of investments in question; and reporting on the investment performance of the Separate Account to the Committees on a regular basis. The
TIAA Separate Account VA-1 n 2008 Semiannual Report | 27 |
COMMITTEE APPROVAL OF INVESTMENT
MANAGEMENT AGREEMENT
Committee considered that TAI has carried out these responsibilities in a professional manner.
The Committee also considered, among other factors, the performance of the Separate Account as discussed below. In the course of its review of the quality of TAI’s services, the Committee concluded that the Separate Account’s investment performance was reasonable when compared with its benchmark and peer groups of mutual funds that underlie variable insurance products.
In addition, the Committee considered the nature and quality of non-portfolio management services provided by TAI and its affiliates. In this regard, the Committee considered its ongoing efforts to review the performance of certain affiliated and unaffiliated service providers, including improvements in services provided by those firms or outsourcing efforts to other firms.
INVESTMENT PERFORMANCE
The Committee considered the investment performance of the Separate Account for one, two-, three-, four-, five- and ten-year periods. The Committee also considered its performance as compared to its peer groups and benchmark index. In this regard, the Committee considered that the Separate Account achieved performance that compared favorably to its benchmark (after considering the effect of expenses incurred to operate the Separate Account) and ranked in the top three performance quintiles versus its peer groups of mutual funds that underlie variable insurance products. (For additional detail regarding the Separate Account’s performance, see the synopsis below.) Thus, the Committee concluded that, under the totality of circumstances considered, the Separate Account’s investment performance was reasonable. In addition, the Committee considered its ongoing efforts to review best execution and portfolio turnover practices of TAI to assess whether those practices continue to be in the best interests of the Separate Account.
COST AND PROFITABILITY
The Committee considered financial and profitability data relating to TAI for the calendar year 2007. The Committee considered profit calculations both before and after taking into account the costs incurred directly or indirectly by TAI in connection with the distribution of the Separate Account’s contracts. The Committee considered that TAI has consistently incurred losses based on its services to the Separate Account under the Agreement. Among other considerations, the Committee acknowledged the reasonableness of having fee rates which permit TAI to maintain and improve the quality of services provided to the Separate Account. In this connection, the Committee noted its ongoing efforts to examine the level of personnel and other resources available to portfolio management functions so as to assess whether sufficient resources are being devoted to these functions.
28 | 2008 Semiannual Report n TIAA Separate Account VA-1 |
continued |
FEES CHARGED BY OTHER ADVISERS
The Committee considered information regarding fees paid to other advisers for managing similar funds that underlie variable insurance products, as analyzed by Lipper. The Committee determined that the management fee rate charged to the Separate Account under the Agreement is lower or significantly lower than the management fee rates charged by of many or most comparable mutual funds that underlie variable insurance products. Based on all factors considered, the Committee determined that the fee rate under the Agreement was reasonable in relation to those charged by appropriate groups of comparable mutual funds that underlie variable insurance products.
ECONOMIES OF SCALE
The Committee considered whether TAI has or would experience economies of scale in connection with its services to the Separate Account. The Committee considered that TAI had incurred operating losses with respect to these services. With respect to the current fee rate, the Committee also considered whether the addition of fee “breakpoints” (under which additional assets in the Separate Account would be assessed lower fee rates) would have a material effect on overall fee rates. The Committee determined that the current fee rate at the current asset level already was low compared to peer groups of mutual funds that underlie variable insurance products. Thus, the Committee determined that the Separate Account’s fee schedule is reasonable in light of current economies of scale considerations and current asset levels.
FEE COMPARISON WITH OTHER TAI CLIENTS
The Committee considered that TAI provides similar investment management services to other affiliated investment companies. In addition, TAI, through its TIAA-CREF Asset Management division, manages large institutional client assets through unregistered commingled funds and separate accounts with similar investment strategies and investment staff. The Committee considered the schedule of fees for each of these funds. The Committee also considered TAI’s representation that, while management fee rates may differ for comparable funds, this is due in part to the fact that some of the comparable funds are offered through products that charge additional fees to its investors. The Committee considered TAI’s representation that because the comparable funds target different types of investors and use different distribution channels, these factors justify different pricing schedules.
OTHER BENEFITS
The Committee also considered additional benefits to the Separate Account and to TAI and its affiliates arising from the Agreement. For example, TAI continues to be willing to waive fees and make expense reimbursements to the Separate Account. In addition, TAI and its affiliates may benefit from the advisory
TIAA Separate Account VA-1 n 2008 Semiannual Report | 29 |
COMMITTEE APPROVAL OF INVESTMENT
| concluded | |
MANAGEMENT AGREEMENT |
relationship with the Separate Account to the extent this relationship results in potential investors viewing the TIAA-CREF group of companies as a leading retirement plan provider in the academic and nonprofit market and a single source for all their financial service needs. Also, certain other funds managed by TAI or its affiliates may be managed in the same manner and by the same personnel, thus resulting in the possibility for certain benefits economies of scale.
CERTAIN SPECIFIC FACTORS CONSIDERED BY THE COMMITTEE
The Members considered the following specific factors (among others) during their determination to renew the Agreement. In the following discussion, if the Separate Account is referred to as being in the “1st” quintile, it is in the best of five groups (that is, the group has the best performance or the lowest expenses, as the case may be). References below to quintiles are based on data provided to the Committee in the reports prepared by Lipper. All periods referenced below end as of December 31, 2007. Under the Morningstar rating system, 5 stars is the highest rating category and 1 star is the lowest rating category.
• | The Separate Account’s contractual management fee is 0.30% of average daily net assets. The Separate Account’s actual management fee, after waivers, is 0.07%. |
• | The Separate Account’s actual management fees were in the 1st quintile of the group of comparable funds selected by Lipper for expense comparison purposes (“Expense Group”) and the universe of comparable funds identified by Lipper for expense comparison purposes (“Expense Universe”), respectively. Total expenses ranked in the 5th and 3rd quintile of the Expense Group and Expense Universe, respectively. |
• | For the one-year period, the Separate Account was in the 2nd and 3rd quintile of the group of comparable funds selected by Lipper for performance comparison purposes (“Performance Group”) and the universe of comparable funds identified by Lipper for expense comparison purposes (“Performance Universe”), respectively. |
• | The Separate Account was in the 3rd quintile of its Performance Group and Performance Universe for the two-year period. |
• | The Separate Account received an Overall Morningstar Rating of 3 stars. |
• | TAI incurred a net loss with respect to its services to the Separate Account for the one-year period. |
Based primarily on the foregoing factors and considerations, the Committee renewed the Agreement.
30 | 2008 Semiannual Report n TIAA Separate Account VA-1 |
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
800 223-1200
8 a.m. to 10 p.m. ET, Monday–Friday
INSURANCE PLANNING CENTER
After-tax annuities and life insurance
877 825-0411
8 a.m. to 8 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 7 p.m. ET, Monday–Friday
TIAA-CREF TRUST COMPANY, FSB
Asset management, trust administration, estate planning, planned giving and endowment management
888 842-9001
9 a.m. to 6 p.m. ET, Monday–Friday
ADVISOR SERVICES
888 842-0318
8 a.m. to 7:30 p.m. ET, Monday–Friday
You should carefully consider the investment objectives, risks, charges and expenses before investing. Please call 800 223-1200, or visit www.tiaa-cref.org for a prospectus that contains this and other information. Please read the prospectus carefully before investing. Investment products are not FDIC insured, may lose value and are not bank guaranteed. TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., members FINRA/SIPC, distribute securities products. 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. TIAA-CREF Trust Company, FSB provides trust services.
©2008 Teachers Insurance and Annuity Association–College Retirement Equities Fund (TIAA-CREF),
New York, NY 10017-3206
Item 2. | Code of Ethics. |
Not applicable.
Item 3. | Audit Committee Financial Expert. |
Not applicable.
Item 4. | Principal Accountant Fees and Services. |
Not Applicable.
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 (Unaudited)
June 30, 2008
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
COMMON STOCKS - 99.86% | |||||||||||
AGRICULTURAL PRODUCTION-CROPS - 0.00%** | |||||||||||
2,584 | e* | Chiquita Brands International, Inc | $ | 39 | |||||||
TOTAL AGRICULTURAL PRODUCTION-CROPS | 39 | ||||||||||
AGRICULTURAL PRODUCTION-LIVESTOCK - 0.01% | |||||||||||
803 | e | Cal-Maine Foods, Inc | 26 | ||||||||
2,370 | e | Pilgrim’s Pride Corp | 31 | ||||||||
23 | e | Seaboard Corp | 36 | ||||||||
TOTAL AGRICULTURAL PRODUCTION-LIVESTOCK | 93 | ||||||||||
AGRICULTURAL SERVICES - 0.00%** | |||||||||||
727 | e* | Cadiz, Inc | 12 | ||||||||
TOTAL AGRICULTURAL SERVICES | 12 | ||||||||||
AMUSEMENT AND RECREATION SERVICES - 0.59% | |||||||||||
17,753 | * | Activision, Inc | 605 | ||||||||
3,321 | * | Bally Technologies, Inc | 112 | ||||||||
433 | Churchill Downs, Inc | 15 | |||||||||
978 | e | Dover Downs Gaming & Entertainment, Inc | 6 | ||||||||
1,772 | International Speedway Corp (Class A) | 69 | |||||||||
1,909 | * | Leapfrog Enterprises, Inc | 16 | ||||||||
1,967 | e* | Life Time Fitness, Inc | 58 | ||||||||
3,817 | e* | Live Nation, Inc | 40 | ||||||||
3,063 | e* | Marvel Entertainment, Inc | 99 | ||||||||
4,563 | * | Penn National Gaming, Inc | 147 | ||||||||
3,407 | e* | Pinnacle Entertainment, Inc | 36 | ||||||||
4,554 | e* | Six Flags, Inc | 5 | ||||||||
1,000 | e | Speedway Motorsports, Inc | 20 | ||||||||
1,000 | e* | Town Sports International Holdings, Inc | 9 | ||||||||
114,032 | Walt Disney Co | 3,558 | |||||||||
2,602 | e | Warner Music Group Corp | 19 | ||||||||
4,762 | v* | Westwood One, Inc | 6 | ||||||||
2,631 | e* | WMS Industries, Inc | 78 | ||||||||
1,461 | e | World Wrestling Entertainment, Inc | 23 | ||||||||
TOTAL AMUSEMENT AND RECREATION SERVICES | 4,921 | ||||||||||
APPAREL AND ACCESSORY STORES - 0.49% | |||||||||||
5,174 | Abercrombie & Fitch Co (Class A) | 324 | |||||||||
3,747 | * | Aeropostale, Inc | 117 | ||||||||
9,979 | American Eagle Outfitters, Inc | 136 | |||||||||
3,358 | e* | AnnTaylor Stores Corp | 81 | ||||||||
1,533 | e | Bebe Stores, Inc | 15 | ||||||||
2,844 | e | Brown Shoe Co, Inc | 39 | ||||||||
749 | Buckle, Inc | 34 | |||||||||
664 | * | Cache, Inc | 7 | ||||||||
3,338 | * | Carter’s, Inc | 46 | ||||||||
2,400 | e* | Casual Male Retail Group, Inc | 7 | ||||||||
2,074 | Cato Corp (Class A) | 30 | |||||||||
1,406 | * | Charlotte Russe Holding, Inc | 25 | ||||||||
6,864 | e* | Charming Shoppes, Inc | 32 | ||||||||
10,787 | * | Chico’s FAS, Inc | 58 | ||||||||
1,410 | e* | Children’s Place Retail Stores, Inc | 51 | ||||||||
2,493 | e | Christopher & Banks Corp | 17 | ||||||||
836 | e* | Citi Trends, Inc | 19 | ||||||||
3,907 | e* | Collective Brands, Inc | 45 | ||||||||
3,000 | e* | Dress Barn, Inc | 40 | ||||||||
1,051 | e* | DSW, Inc (Class A) | 12 | ||||||||
3,231 | e | Finish Line, Inc (Class A) | 28 |
1
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
9,500 | Foot Locker, Inc | $ | 118 | ||||||||
29,148 | Gap, Inc | 486 | |||||||||
5,429 | e* | Hanesbrands, Inc | 147 | ||||||||
2,222 | * | HOT Topic, Inc | 12 | ||||||||
2,305 | e* | J Crew Group, Inc | 76 | ||||||||
1,539 | e* | Jo-Ann Stores, Inc | 36 | ||||||||
1,141 | e* | JOS A Bank Clothiers, Inc | 31 | ||||||||
18,492 | * | Kohl’s Corp | 740 | ||||||||
17,043 | e | Limited Brands, Inc | 287 | ||||||||
888 | * | New York & Co, Inc | 8 | ||||||||
10,895 | e | Nordstrom, Inc | 330 | ||||||||
4,283 | e* | Pacific Sunwear Of California, Inc | 37 | ||||||||
7,985 | e | Ross Stores, Inc | 284 | ||||||||
517 | e* | Shoe Carnival, Inc | 6 | ||||||||
2,847 | Stage Stores, Inc | 33 | |||||||||
1,200 | e | Talbots, Inc | 14 | ||||||||
1,080 | e* | Tween Brands, Inc | 18 | ||||||||
1,963 | e* | Under Armour, Inc (Class A) | 50 | ||||||||
6,538 | e* | Urban Outfitters, Inc | 204 | ||||||||
4,270 | * | Wet Seal, Inc (Class A) | 20 | ||||||||
TOTAL APPAREL AND ACCESSORY STORES | 4,100 | ||||||||||
APPAREL AND OTHER TEXTILE PRODUCTS - 0.16% | |||||||||||
762 | e | Columbia Sportswear Co | 28 | ||||||||
811 | e* | G-III Apparel Group Ltd | 10 | ||||||||
3,607 | Guess ?, Inc | 135 | |||||||||
1,699 | * | Gymboree Corp | 68 | ||||||||
5,065 | Jones Apparel Group, Inc | 70 | |||||||||
5,941 | e | Liz Claiborne, Inc | 84 | ||||||||
800 | e* | Lululemon Athletica, Inc | 23 | ||||||||
1,392 | e* | Maidenform Brands, Inc | 19 | ||||||||
3,068 | Phillips-Van Heusen Corp | 112 | |||||||||
3,355 | e | Polo Ralph Lauren Corp | 211 | ||||||||
7,612 | * | Quiksilver, Inc | 75 | ||||||||
836 | e* | True Religion Apparel, Inc | 22 | ||||||||
5,221 | VF Corp | 372 | |||||||||
2,859 | * | Warnaco Group, Inc | 126 | ||||||||
TOTAL APPAREL AND OTHER TEXTILE PRODUCTS | 1,355 | ||||||||||
AUTO REPAIR, SERVICES AND PARKING - 0.08% | |||||||||||
646 | e* | Amerco, Inc | 31 | ||||||||
1,436 | e* | Dollar Thrifty Automotive Group, Inc | 14 | ||||||||
4,569 | e* | Exide Technologies | 77 | ||||||||
996 | * | Federal Mogul Corp (Class A) | 16 | ||||||||
18,898 | * | Hertz Global Holdings, Inc | 181 | ||||||||
1,073 | e* | Midas, Inc | 14 | ||||||||
873 | e | Monro Muffler, Inc | �� | 14 | |||||||
3,349 | Ryder System, Inc | 231 | |||||||||
672 | * | Standard Parking Corp | 12 | ||||||||
2,627 | * | Wright Express Corp | 65 | ||||||||
TOTAL AUTO REPAIR, SERVICES AND PARKING | 655 | ||||||||||
AUTOMOTIVE DEALERS AND SERVICE STATIONS - 0.15% | |||||||||||
5,814 | Advance Auto Parts | 226 | |||||||||
580 | * | America’s Car-Mart, Inc | 10 | ||||||||
1,889 | Asbury Automotive Group, Inc | 24 | |||||||||
6,910 | e* | Autonation, Inc | 69 | ||||||||
2,461 | * | Autozone, Inc | 298 | ||||||||
13,246 | e* | Carmax, Inc | 188 | ||||||||
4,176 | * | Copart, Inc | 179 | ||||||||
2,692 | e* | CSK Auto Corp | 28 | ||||||||
1,048 | e* | MarineMax, Inc | 8 | ||||||||
6,973 | * | O’Reilly Automotive, Inc | 156 | ||||||||
2,440 | e | Penske Auto Group, Inc | 36 | ||||||||
2,119 | * | Rush Enterprises, Inc (Class A) | 25 |
2
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,793 | e | Sonic Automotive, Inc (Class A) | $ | 23 | |||||||
TOTAL AUTOMOTIVE DEALERS AND SERVICE STATIONS | 1,270 | ||||||||||
BUILDING MATERIALS AND GARDEN SUPPLIES - 0.54% | |||||||||||
967 | e* | Builders FirstSource, Inc | 5 | ||||||||
3,882 | e* | Central Garden and Pet Co (Class A) | 16 | ||||||||
7,745 | Fastenal Co | 334 | |||||||||
100,978 | Home Depot, Inc | 2,365 | |||||||||
87,487 | Lowe’s Cos, Inc | 1,816 | |||||||||
TOTAL BUILDING MATERIALS AND GARDEN SUPPLIES | 4,536 | ||||||||||
BUSINESS SERVICES - 7.40% | |||||||||||
25,632 | * | 3Com Corp | 54 | ||||||||
813 | e* | 3D Systems Corp | 8 | ||||||||
2,635 | e | Aaron Rents, Inc | 59 | ||||||||
2,600 | ABM Industries, Inc | 58 | |||||||||
35,701 | Accenture Ltd (Class A) | 1,454 | |||||||||
2,473 | e* | ACI Worldwide, Inc | 43 | ||||||||
3,677 | e* | Actuate Corp | 14 | ||||||||
3,887 | e | Acxiom Corp | 45 | ||||||||
1,377 | e | Administaff, Inc | 38 | ||||||||
32,044 | * | Adobe Systems, Inc | 1,262 | ||||||||
828 | e* | Advent Software, Inc | 30 | ||||||||
5,378 | * | Affiliated Computer Services, Inc (Class A) | 288 | ||||||||
2,801 | e | Aircastle Ltd | 24 | ||||||||
9,967 | * | Akamai Technologies, Inc | 347 | ||||||||
4,810 | * | Alliance Data Systems Corp | 272 | ||||||||
11,673 | * | Amdocs Ltd | 343 | ||||||||
2,166 | e* | American Reprographics Co | 36 | ||||||||
2,116 | * | AMN Healthcare Services, Inc | 36 | ||||||||
872 | * | Ansoft Corp | 32 | ||||||||
4,724 | * | Ansys, Inc | 223 | ||||||||
1,600 | e | Arbitron, Inc | 76 | ||||||||
5,091 | e* | Ariba, Inc | 75 | ||||||||
7,187 | * | Art Technology Group, Inc | 23 | ||||||||
1,058 | e | Asset Acceptance Capital Corp | 13 | ||||||||
1,233 | e* | athenahealth, Inc | 38 | ||||||||
13,372 | * | Autodesk, Inc | 452 | ||||||||
31,021 | Automatic Data Processing, Inc | 1,300 | |||||||||
6,370 | e* | Avis Budget Group, Inc | 53 | ||||||||
2,932 | * | Avocent Corp | 55 | ||||||||
631 | e* | Bankrate, Inc | 25 | ||||||||
12,324 | e,v* | BearingPoint, Inc | 10 | ||||||||
1,565 | * | BGC Partners, Inc (Class A) | 12 | ||||||||
2,836 | Blackbaud, Inc | 61 | |||||||||
1,799 | * | Blackboard, Inc | 69 | ||||||||
1,746 | e* | Blue Coat Systems, Inc | 25 | ||||||||
11,440 | * | BMC Software, Inc | 412 | ||||||||
862 | * | Bottomline Technologies, Inc | 8 | ||||||||
3,603 | e* | BPZ Energy, Inc | 106 | ||||||||
3,069 | Brady Corp (Class A) | 106 | |||||||||
2,433 | Brink’s Co | 159 | |||||||||
23,248 | CA, Inc | 537 | |||||||||
1,901 | * | CACI International, Inc (Class A) | 87 | ||||||||
14,981 | * | Cadence Design Systems, Inc | 151 | ||||||||
1,751 | * | Callidus Software, Inc | 9 | ||||||||
849 | * | Capella Education Co | 51 | ||||||||
1,800 | e* | Cavium Networks, Inc | 38 | ||||||||
3,710 | e* | CBIZ, Inc | 29 | ||||||||
4,020 | e* | Cerner Corp | 182 | ||||||||
3,690 | * | ChoicePoint, Inc | 178 | ||||||||
2,005 | * | Chordiant Software, Inc | 10 | ||||||||
3,700 | * | Ciber, Inc | 23 | ||||||||
11,254 | * | Citrix Systems, Inc | 331 | ||||||||
2,400 | * | Clear Channel Outdoor Holdings, Inc (Class A) | 43 | ||||||||
620 | * | Clinical Data, Inc | 9 |
3
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
3,243 | * | CMGI, Inc | $ | 34 | |||||||
3,055 | * | Cogent Communications Group, Inc | 41 | ||||||||
2,800 | e* | Cogent, Inc | 32 | ||||||||
2,776 | e | Cognex Corp | 64 | ||||||||
17,286 | * | Cognizant Technology Solutions Corp (Class A) | 562 | ||||||||
2,159 | * | Commvault Systems, Inc | 36 | ||||||||
840 | e | Compass Diversified Trust | 10 | ||||||||
869 | * | Compellent Technologies, Inc | 10 | ||||||||
602 | Computer Programs & Systems, Inc | 10 | |||||||||
9,038 | * | Computer Sciences Corp | 423 | ||||||||
15,643 | * | Compuware Corp | 149 | ||||||||
839 | e* | COMSYS IT Partners, Inc | 8 | ||||||||
2,581 | e* | Concur Technologies, Inc | 86 | ||||||||
1,230 | * | Constant Contact, Inc | 23 | ||||||||
7,100 | * | Convergys Corp | 105 | ||||||||
1,115 | e* | CoStar Group, Inc | 50 | ||||||||
1,476 | * | CSG Systems International, Inc | 16 | ||||||||
3,935 | * | Cybersource Corp | 66 | ||||||||
1,981 | e* | Data Domain, Inc | 46 | ||||||||
2,053 | e* | DealerTrack Holdings, Inc | 29 | ||||||||
3,468 | Deluxe Corp | 62 | |||||||||
1,223 | * | Digimarc Corp | 17 | ||||||||
2,231 | e* | Digital River, Inc | 86 | ||||||||
1,448 | * | DivX, Inc | 11 | ||||||||
1,061 | * | Double-Take Software, Inc | 15 | ||||||||
2,599 | e* | DST Systems, Inc | 143 | ||||||||
1,500 | e* | DynCorp International, Inc (Class A) | 23 | ||||||||
6,551 | * | Earthlink, Inc | 57 | ||||||||
66,614 | * | eBay, Inc | 1,821 | ||||||||
125 | * | Ebix, Inc | 10 | ||||||||
1,837 | e* | Echelon Corp | 20 | ||||||||
2,891 | e* | Eclipsys Corp | 53 | ||||||||
1,000 | Electro Rent Corp | 13 | |||||||||
19,061 | * | Electronic Arts, Inc | 847 | ||||||||
31,394 | Electronic Data Systems Corp | 774 | |||||||||
3,754 | * | Entrust, Inc | 11 | ||||||||
3,541 | e* | Epicor Software Corp | 24 | ||||||||
2,131 | e* | EPIQ Systems, Inc | 30 | ||||||||
7,989 | e | Equifax, Inc | 269 | ||||||||
2,035 | e* | Equinix, Inc | 182 | ||||||||
4,575 | e* | Evergreen Energy, Inc | 8 | ||||||||
1,397 | e* | ExlService Holdings, Inc | 20 | ||||||||
12,409 | * | Expedia, Inc | 228 | ||||||||
4,994 | e* | F5 Networks, Inc | 142 | ||||||||
2,616 | e | Factset Research Systems, Inc | 147 | ||||||||
2,596 | e | Fair Isaac Corp | 54 | ||||||||
2,479 | e* | FalconStor Software, Inc | 18 | ||||||||
11,743 | Fidelity National Information Services, Inc | 433 | |||||||||
200 | e* | First Advantage Corp (Class A) | 3 | ||||||||
9,896 | * | Fiserv, Inc | 449 | ||||||||
983 | * | Forrester Research, Inc | 30 | ||||||||
923 | FTD Group, Inc | 12 | |||||||||
3,832 | e* | Gartner, Inc | 79 | ||||||||
1,444 | * | Gerber Scientific, Inc | 16 | ||||||||
3,037 | * | Getty Images, Inc | 103 | ||||||||
1,647 | e | Gevity HR, Inc | 9 | ||||||||
2,712 | e* | Global Cash Access, Inc | 19 | ||||||||
1,061 | e* | Global Sources Ltd | 16 | ||||||||
14,173 | * | Google, Inc (Class A) | 7,461 | ||||||||
1,107 | e* | H&E Equipment Services, Inc | 13 | ||||||||
2,506 | * | Hackett Group, Inc | 14 | ||||||||
2,249 | e | Healthcare Services Group | 34 | ||||||||
1,469 | e | Heartland Payment Systems, Inc | 35 | ||||||||
1,329 | e | Heidrick & Struggles International, Inc | 37 |
4
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
10,329 | e* | HLTH Corp | $ | 117 | |||||||
1,272 | e* | HMS Holdings Corp | 27 | ||||||||
1,384 | * | Hudson Highland Group, Inc | 14 | ||||||||
3,542 | * | Hypercom Corp | 16 | ||||||||
947 | e* | i2 Technologies, Inc | 12 | ||||||||
448 | * | ICT Group, Inc | 4 | ||||||||
1,449 | * | iGate Corp | 12 | ||||||||
2,587 | * | IHS, Inc (Class A) | 180 | ||||||||
11,068 | IMS Health, Inc | 258 | |||||||||
1,967 | infoGROUP, Inc | 9 | |||||||||
4,859 | * | Informatica Corp | 73 | ||||||||
2,218 | Infospace, Inc | 18 | |||||||||
1,446 | e* | Innerworkings, Inc | 17 | ||||||||
558 | e | Integral Systems, Inc | 22 | ||||||||
2,217 | Interactive Data Corp | 56 | |||||||||
803 | e* | Interactive Intelligence, Inc | 9 | ||||||||
3,256 | e* | Internap Network Services Corp | 15 | ||||||||
1,292 | * | Internet Brands, Inc | 9 | ||||||||
2,646 | e* | Internet Capital Group, Inc | 20 | ||||||||
27,952 | e* | Interpublic Group of Cos, Inc | 240 | ||||||||
3,184 | * | Interwoven, Inc | 38 | ||||||||
19,200 | * | Intuit, Inc | 529 | ||||||||
1,814 | * | inVentiv Health, Inc | 50 | ||||||||
10,856 | * | Iron Mountain, Inc | 288 | ||||||||
4,326 | e | Jack Henry & Associates, Inc | 94 | ||||||||
1,953 | * | JDA Software Group, Inc | 35 | ||||||||
31,225 | * | Juniper Networks, Inc | 693 | ||||||||
1,200 | e | Kelly Services, Inc (Class A) | 23 | ||||||||
1,544 | e* | Kenexa Corp | 29 | ||||||||
941 | e* | Keynote Systems, Inc | 12 | ||||||||
1,774 | * | Kforce, Inc | 15 | ||||||||
3,252 | e* | Kinetic Concepts, Inc | 130 | ||||||||
1,667 | e* | Knot, Inc | 16 | ||||||||
2,700 | * | Korn/Ferry International | 42 | ||||||||
4,598 | e* | Lamar Advertising Co (Class A) | 166 | ||||||||
7,959 | * | Lawson Software, Inc | 58 | ||||||||
2,000 | e* | Limelight Networks, Inc | 8 | ||||||||
511 | e* | Liquidity Services, Inc | 6 | ||||||||
2,311 | e* | Magma Design Automation, Inc | 14 | ||||||||
2,098 | * | Manhattan Associates, Inc | 50 | ||||||||
4,774 | Manpower, Inc | 278 | |||||||||
1,171 | * | Mantech International Corp (Class A) | 56 | ||||||||
1,311 | e | Marchex, Inc (Class B) | 16 | ||||||||
4,376 | e | Mastercard, Inc (Class A) | 1,162 | ||||||||
9,755 | * | McAfee, Inc | 332 | ||||||||
5,422 | * | Mentor Graphics Corp | 86 | ||||||||
480,474 | d | Microsoft Corp | 13,218 | ||||||||
648 | * | MicroStrategy, Inc (Class A) | 42 | ||||||||
2,315 | e* | Midway Games, Inc | 5 | ||||||||
866 | * | Monotype Imaging Holdings, Inc | 11 | ||||||||
7,154 | e* | Monster Worldwide, Inc | 147 | ||||||||
4,760 | e* | Move, Inc | 11 | ||||||||
6,206 | * | MPS Group, Inc | 66 | ||||||||
2,666 | * | MSC.Software Corp | 29 | ||||||||
6,028 | * | NAVTEQ Corp | 464 | ||||||||
390 | * | NCI, Inc (Class A) | 9 | ||||||||
10,035 | * | NCR Corp | 253 | ||||||||
2,111 | * | Ness Technologies, Inc | 21 | ||||||||
2,427 | e* | NetFlix, Inc | 63 | ||||||||
1,792 | * | Netscout Systems, Inc | 19 | ||||||||
423 | * | NetSuite, Inc | 9 | ||||||||
1,732 | NIC, Inc | 12 | |||||||||
21,820 | * | Novell, Inc | 128 | ||||||||
10,313 | * | Nuance Communications, Inc | 162 | ||||||||
19,172 | Omnicom Group, Inc | 860 |
5
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
3,715 | e* | Omniture, Inc | $ | 69 | |||||||
1,673 | * | On Assignment, Inc | 13 | ||||||||
1,415 | e* | Online Resources Corp | 12 | ||||||||
5,712 | e* | OpenTV Corp (Class A) | 7 | ||||||||
233,094 | * | Oracle Corp | 4,895 | ||||||||
7,173 | * | Parametric Technology Corp | 120 | ||||||||
1,245 | PC-Tel, Inc | 12 | |||||||||
438 | e | Pegasystems, Inc | 6 | ||||||||
1,196 | * | PeopleSupport, Inc | 10 | ||||||||
1,789 | e* | Perficient, Inc | 17 | ||||||||
5,518 | * | Perot Systems Corp (Class A) | 83 | ||||||||
2,169 | * | Phase Forward, Inc | 39 | ||||||||
1,611 | * | Phoenix Technologies Ltd | 18 | ||||||||
1,058 | e* | Portfolio Recovery Associates, Inc | 40 | ||||||||
3,120 | * | Premiere Global Services, Inc | 45 | ||||||||
2,510 | * | Progress Software Corp | 64 | ||||||||
774 | * | PROS Holdings, Inc | 9 | ||||||||
1,000 | e | QAD, Inc | 7 | ||||||||
1,284 | e | Quality Systems, Inc | 38 | ||||||||
4,302 | * | Quest Software, Inc | 64 | ||||||||
1,505 | * | Radiant Systems, Inc | 16 | ||||||||
1,200 | e* | Radisys Corp | 11 | ||||||||
1,891 | e* | Raser Technologies, Inc | 18 | ||||||||
6,472 | e* | RealNetworks, Inc | 43 | ||||||||
11,630 | e* | Red Hat, Inc | 241 | ||||||||
781 | e | Renaissance Learning, Inc | 9 | ||||||||
3,920 | * | Rent-A-Center, Inc | 81 | ||||||||
1,679 | e* | RightNow Technologies, Inc | 23 | ||||||||
1,200 | e* | Riskmetrics Group Inc | 23 | ||||||||
8,549 | Robert Half International, Inc | 205 | |||||||||
2,146 | Rollins, Inc | 32 | |||||||||
2,525 | e* | RSC Holdings, Inc | 23 | ||||||||
4,489 | * | S1 Corp | 34 | ||||||||
6,297 | * | Salesforce.com, Inc | 430 | ||||||||
5,900 | * | Sapient Corp | 38 | ||||||||
3,543 | e* | Secure Computing Corp | 15 | ||||||||
639 | e* | SI International, Inc | 13 | ||||||||
1,301 | e* | Smith Micro Software, Inc | 7 | ||||||||
1,699 | e* | Sohu.com, Inc | 120 | ||||||||
4,123 | * | SonicWALL, Inc | 27 | ||||||||
14,052 | e* | Sonus Networks, Inc | 48 | ||||||||
3,912 | e | Sotheby’s | 103 | ||||||||
1,235 | * | Sourcefire, Inc | 10 | ||||||||
4,207 | * | Spherion Corp | 19 | ||||||||
1,239 | * | SPSS, Inc | 45 | ||||||||
2,484 | * | SRA International, Inc (Class A) | 56 | ||||||||
1,404 | e* | Stratasys, Inc | 26 | ||||||||
1,342 | * | SuccessFactors, Inc | 15 | ||||||||
47,508 | * | Sun Microsystems, Inc | 517 | ||||||||
2,697 | * | SupportSoft, Inc | 9 | ||||||||
4,737 | * | Sybase, Inc | 139 | ||||||||
1,700 | * | SYKES Enterprises, Inc | 32 | ||||||||
50,283 | * | Symantec Corp | 973 | ||||||||
1,133 | e* | Synchronoss Technologies, Inc | 10 | ||||||||
797 | e* | SYNNEX Corp | 20 | ||||||||
8,758 | * | Synopsys, Inc | 209 | ||||||||
784 | e | Syntel, Inc | 26 | ||||||||
4,650 | * | Take-Two Interactive Software, Inc | 119 | ||||||||
1,034 | TAL International Group, Inc | 23 | |||||||||
1,368 | e* | Taleo Corp (Class A) | 27 | ||||||||
798 | * | TechTarget, Inc | 8 | ||||||||
2,576 | * | TeleTech Holdings, Inc | 51 | ||||||||
590 | Textainer Group Holdings Ltd | 11 | |||||||||
1,161 | e | TheStreet.com, Inc | 8 | ||||||||
4,249 | e* | THQ, Inc | 86 |
6
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
11,332 | * | TIBCO Software, Inc | $ | 87 | |||||||
1,534 | * | TNS, Inc | 37 | ||||||||
9,771 | Total System Services, Inc | 217 | |||||||||
1,168 | * | TradeStation Group, Inc | 12 | ||||||||
2,823 | e* | Trizetto Group, Inc | 60 | ||||||||
3,096 | e* | TrueBlue, Inc | 41 | ||||||||
1,541 | e* | Ultimate Software Group, Inc | 55 | ||||||||
571 | e* | Unica Corp | 5 | ||||||||
22,840 | * | Unisys Corp | 90 | ||||||||
3,701 | United Online, Inc | 37 | |||||||||
4,813 | * | United Rentals, Inc | 94 | ||||||||
6,076 | * | Valueclick, Inc | 92 | ||||||||
1,577 | e* | Vasco Data Security International | 17 | ||||||||
11,559 | e* | VeriSign, Inc | 437 | ||||||||
1,519 | Viad Corp | 39 | |||||||||
1,694 | * | Vignette Corp | 20 | ||||||||
26,792 | Visa, Inc (Class A) | 2,178 | |||||||||
2,400 | e* | VMware, Inc (Class A) | 129 | ||||||||
792 | * | Vocus, Inc | 25 | ||||||||
858 | * | Volt Information Sciences, Inc | 10 | ||||||||
29,141 | Waste Management, Inc | 1,099 | |||||||||
449 | e* | WebMD Health Corp (Class A) | 13 | ||||||||
2,958 | * | Websense, Inc | 50 | ||||||||
1,627 | * | Website Pros, Inc | 13 | ||||||||
4,910 | * | Wind River Systems, Inc | 53 | ||||||||
82,494 | * | Yahoo!, Inc | 1,704 | ||||||||
TOTAL BUSINESS SERVICES | 62,134 | ||||||||||
CHEMICALS AND ALLIED PRODUCTS - 9.53% | |||||||||||
92,363 | Abbott Laboratories | 4,892 | |||||||||
357 | * | Abraxis Bioscience, Inc | 23 | ||||||||
1,887 | e* | Acadia Pharmaceuticals, Inc | 7 | ||||||||
1,953 | * | Acorda Therapeutics, Inc | 64 | ||||||||
2,757 | * | Adolor Corp | 15 | ||||||||
12,607 | Air Products & Chemicals, Inc | 1,246 | |||||||||
1,600 | * | Albany Molecular Research, Inc | 21 | ||||||||
5,462 | Albemarle Corp | 218 | |||||||||
5,024 | Alberto-Culver Co | 132 | |||||||||
2,304 | e* | Alexion Pharmaceuticals, Inc | 167 | ||||||||
1,212 | e* | Alexza Pharmaceuticals, Inc | 5 | ||||||||
5,676 | * | Alkermes, Inc | 70 | ||||||||
2,616 | e* | Allos Therapeutics, Inc | 18 | ||||||||
2,039 | e* | Alnylam Pharmaceuticals, Inc | 55 | ||||||||
2,624 | e* | Alpharma, Inc (Class A) | 59 | ||||||||
876 | e* | AMAG Pharmaceuticals, Inc | 30 | ||||||||
3,695 | e* | American Oriental Bioengineering, Inc | 36 | ||||||||
928 | e | American Vanguard Corp | 11 | ||||||||
65,167 | * | Amgen, Inc | 3,073 | ||||||||
1,431 | e* | APP Pharmaceuticals, Inc | 24 | ||||||||
1,500 | e | Arch Chemicals, Inc | 50 | ||||||||
3,078 | e* | Arena Pharmaceuticals, Inc | 16 | ||||||||
2,036 | e* | Arqule, Inc | 7 | ||||||||
3,660 | e* | Array Biopharma, Inc | 17 | ||||||||
2,455 | e* | Auxilium Pharmaceuticals, Inc | 83 | ||||||||
919 | * | Avant Immunotherapeutics, Inc | 13 | ||||||||
2,400 | e* | Aventine Renewable Energy Holdings, Inc | 11 | ||||||||
5,794 | Avery Dennison Corp | 255 | |||||||||
25,534 | Avon Products, Inc | 920 | |||||||||
1,170 | e | Balchem Corp | 27 | ||||||||
6,553 | * | Barr Pharmaceuticals, Inc | 295 | ||||||||
872 | e* | Bentley Pharmaceuticals, Inc | 14 | ||||||||
657 | * | Biodel, Inc | 9 | ||||||||
17,538 | * | Biogen Idec, Inc | 980 | ||||||||
5,913 | * | BioMarin Pharmaceuticals, Inc | 171 | ||||||||
657 | e* | BioMimetic Therapeutics, Inc | 8 |
7
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
118,085 | Bristol-Myers Squibb Co | $ | 2,424 | ||||||||
3,844 | e | Cabot Corp | 93 | ||||||||
1,015 | e* | Cadence Pharmaceuticals, Inc | 6 | ||||||||
2,400 | e* | Calgon Carbon Corp | 37 | ||||||||
1,815 | * | Cambrex Corp | 11 | ||||||||
631 | e* | Caraco Pharmaceutical Laboratories Ltd | 8 | ||||||||
8,871 | Celanese Corp (Series A) | 405 | |||||||||
3,105 | e* | Cell Genesys, Inc | 8 | ||||||||
4,049 | e* | Cephalon, Inc | 270 | ||||||||
3,374 | CF Industries Holdings, Inc | 516 | |||||||||
4,127 | * | Charles River Laboratories International, Inc | 264 | ||||||||
1,163 | e* | Chattem, Inc | 76 | ||||||||
15,194 | Chemtura Corp | 89 | |||||||||
3,895 | Church & Dwight Co, Inc | 219 | |||||||||
8,377 | Clorox Co | 437 | |||||||||
30,390 | Colgate-Palmolive Co | 2,100 | |||||||||
2,917 | * | Columbia Laboratories, Inc | 10 | ||||||||
898 | * | Cougar Biotechnology, Inc | 21 | ||||||||
3,622 | * | Cubist Pharmaceuticals, Inc | 65 | ||||||||
2,618 | * | Cypress Bioscience, Inc | 19 | ||||||||
2,828 | Cytec Industries, Inc | 154 | |||||||||
1,702 | e* | Cytokinetics, Inc | 6 | ||||||||
4,015 | e* | Dendreon Corp | 18 | ||||||||
5,095 | e* | Discovery Laboratories, Inc | 8 | ||||||||
55,685 | Dow Chemical Co | 1,944 | |||||||||
53,910 | Du Pont (E.I.) de Nemours & Co | 2,312 | |||||||||
3,494 | * | Durect Corp | 13 | ||||||||
4,567 | Eastman Chemical Co | 314 | |||||||||
10,437 | Ecolab, Inc | 449 | |||||||||
59,695 | Eli Lilly & Co | 2,756 | |||||||||
1,704 | e* | Elizabeth Arden, Inc | 26 | ||||||||
3,094 | e* | Enzon Pharmaceuticals, Inc | 22 | ||||||||
5,859 | e | Estee Lauder Cos (Class A) | 272 | ||||||||
2,913 | Ferro Corp | 55 | |||||||||
4,477 | FMC Corp | 347 | |||||||||
18,234 | * | Forest Laboratories, Inc | 633 | ||||||||
28,102 | * | Genentech, Inc | 2,133 | ||||||||
16,001 | * | Genzyme Corp | 1,152 | ||||||||
4,250 | e* | Geron Corp | 15 | ||||||||
55,760 | * | Gilead Sciences, Inc | 2,952 | ||||||||
818 | e* | GTx, Inc | 12 | ||||||||
3,350 | H.B. Fuller Co | 75 | |||||||||
3,942 | e* | Halozyme Therapeutics, Inc | 21 | ||||||||
7,111 | Hercules, Inc | 120 | |||||||||
9,624 | * | Hospira, Inc | 386 | ||||||||
8,974 | e* | Human Genome Sciences, Inc | 47 | ||||||||
8,858 | Huntsman Corp | 101 | |||||||||
1,708 | * | ICO, Inc | 10 | ||||||||
861 | e* | Idenix Pharmaceuticals, Inc | 6 | ||||||||
1,248 | * | Idera Pharmaceuticals, Inc | 18 | ||||||||
3,710 | * | Idexx Laboratories, Inc | 181 | ||||||||
3,674 | e* | ImClone Systems, Inc | 149 | ||||||||
4,347 | * | Immucor, Inc | 113 | ||||||||
3,006 | e* | Indevus Pharmaceuticals, Inc | 5 | ||||||||
980 | Innophos Holdings, Inc | 31 | |||||||||
1,460 | Innospec, Inc | 27 | |||||||||
2,484 | * | Inspire Pharmaceuticals, Inc | 11 | ||||||||
353 | e | Inter Parfums, Inc | 5 | ||||||||
1,694 | e* | InterMune, Inc | 22 | ||||||||
4,870 | International Flavors & Fragrances, Inc | 190 | |||||||||
4,647 | * | Inverness Medical Innovations, Inc | 154 | ||||||||
5,511 | e* | Invitrogen Corp | 216 | ||||||||
2,531 | e* | Javelin Pharmaceuticals, Inc | 6 | ||||||||
922 | Kaiser Aluminum Corp | 49 |
8
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | |||||||||
14,912 | * | King Pharmaceuticals, Inc | $ | 156 | ||||||||
1,077 | Koppers Holdings, Inc | 45 | ||||||||||
2,481 | * | KV Pharmaceutical Co (Class A) | 48 | |||||||||
1,289 | * | Landec Corp | 8 | |||||||||
5,552 | e* | Ligand Pharmaceuticals, Inc (Class B) | 14 | |||||||||
4,080 | Lubrizol Corp | 189 | ||||||||||
987 | e | Mannatech, Inc | 5 | |||||||||
2,536 | e* | MannKind Corp | 8 | |||||||||
2,109 | e* | Martek Biosciences Corp | 71 | |||||||||
7,861 | e* | Medarex, Inc | 52 | |||||||||
3,315 | * | Medicines Co | 66 | |||||||||
3,427 | e | Medicis Pharmaceutical Corp (Class A) | 71 | |||||||||
1,298 | e* | Medivation, Inc | 15 | |||||||||
128,462 | Merck & Co, Inc | 4,842 | ||||||||||
2,420 | Meridian Bioscience, Inc | 65 | ||||||||||
1,175 | Minerals Technologies, Inc | 75 | ||||||||||
1,402 | * | Momenta Pharmaceuticals, Inc | 17 | |||||||||
32,845 | Monsanto Co | 4,153 | ||||||||||
9,296 | Mosaic Co | 1,345 | ||||||||||
18,544 | e | Mylan Laboratories, Inc | 224 | |||||||||
4,000 | e* | Nabi Biopharmaceuticals | 16 | |||||||||
8,177 | e | Nalco Holding Co | 173 | |||||||||
3,373 | * | NBTY, Inc | 108 | |||||||||
2,526 | e* | Neurocrine Biosciences, Inc | 11 | |||||||||
715 | e | NewMarket Corp | 47 | |||||||||
964 | e | NL Industries, Inc | 9 | |||||||||
1,495 | e* | Noven Pharmaceuticals, Inc | 16 | |||||||||
2,860 | * | NPS Pharmaceuticals, Inc | 13 | |||||||||
1,070 | * | Obagi Medical Products, Inc | 9 | |||||||||
4,620 | Olin Corp | 121 | ||||||||||
1,900 | e* | OM Group, Inc | 62 | |||||||||
843 | e* | Omrix Biopharmaceuticals, Inc | 13 | |||||||||
3,536 | e* | Onyx Pharmaceuticals, Inc | 126 | |||||||||
1,463 | * | Optimer Pharmaceuticals, Inc | 12 | |||||||||
2,901 | e* | OraSure Technologies, Inc | 11 | |||||||||
1,180 | * | Orexigen Therapeutics, Inc | 9 | |||||||||
3,527 | e* | OSI Pharmaceuticals, Inc | 146 | |||||||||
807 | e* | Osiris Therapeutics, Inc | 10 | |||||||||
2,164 | e* | Pacific Ethanol, Inc | 4 | |||||||||
1,792 | e* | Pain Therapeutics, Inc | 14 | |||||||||
2,340 | e* | Par Pharmaceutical Cos, Inc | 38 | |||||||||
3,406 | * | Parexel International Corp | 90 | |||||||||
7,345 | PDL BioPharma, Inc | 78 | ||||||||||
4,725 | Perrigo Co | 150 | ||||||||||
1,182 | e* | PetMed Express, Inc | 15 | |||||||||
404,911 | Pfizer, Inc | 7,074 | ||||||||||
927 | * | Pharmasset, Inc | 18 | |||||||||
1,726 | * | PharMerica Corp | 39 | |||||||||
6,365 | * | PolyOne Corp | 44 | |||||||||
1,425 | e* | Pozen, Inc | 16 | |||||||||
9,640 | PPG Industries, Inc | 553 | ||||||||||
18,736 | Praxair, Inc | 1,766 | ||||||||||
1,891 | * | Prestige Brands Holdings, Inc | 20 | |||||||||
182,957 | Procter & Gamble Co | 11,126 | ||||||||||
1,419 | e* | Progenics Pharmaceuticals, Inc | 23 | |||||||||
92 | e* | Protalix BioTherapeutics, Inc | — | ^ | ||||||||
3,271 | * | Questcor Pharmaceuticals, Inc | 15 | |||||||||
1,976 | e* | Quidel Corp | 33 | |||||||||
2,483 | * | Rockwood Holdings, Inc | 86 | |||||||||
7,724 | Rohm & Haas Co | 359 | ||||||||||
7,403 | RPM International, Inc | 153 | ||||||||||
2,502 | e* | Salix Pharmaceuticals Ltd | 18 | |||||||||
97,114 | Schering-Plough Corp | 1,912 | ||||||||||
1,824 | e | Sciele Pharma, Inc | 35 |
9
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
2,698 | Scotts Miracle-Gro Co (Class A) | $ | 47 | ||||||||
3,076 | Sensient Technologies Corp | 87 | |||||||||
6,507 | e* | Sepracor, Inc | 130 | ||||||||
6,023 | e | Sherwin-Williams Co | 277 | ||||||||
7,711 | Sigma-Aldrich Corp | 415 | |||||||||
3,618 | * | Solutia, Inc | 46 | ||||||||
500 | Stepan Co | 23 | |||||||||
900 | e* | SurModics, Inc | 40 | ||||||||
2,100 | e* | Tercica, Inc | 19 | ||||||||
3,072 | * | Theravance, Inc | 37 | ||||||||
2,621 | * | Third Wave Technologies, Inc | 29 | ||||||||
1,181 | * | Ulta Salon Cosmetics & Fragrance, Inc | 13 | ||||||||
1,278 | * | United Therapeutics Corp | 125 | ||||||||
594 | e* | USANA Health Sciences, Inc | 16 | ||||||||
5,342 | e* | USEC, Inc | 33 | ||||||||
4,449 | e* | Valeant Pharmaceuticals International | 76 | ||||||||
6,017 | e | Valspar Corp | 114 | ||||||||
5,212 | * | VCA Antech, Inc | 145 | ||||||||
6,036 | e* | Verasun Energy Corp | 25 | ||||||||
8,420 | * | Vertex Pharmaceuticals, Inc | 282 | ||||||||
4,346 | e* | Viropharma, Inc | 48 | ||||||||
5,559 | * | Warner Chilcott Ltd (Class A) | 94 | ||||||||
6,278 | * | Watson Pharmaceuticals, Inc | 171 | ||||||||
893 | e | Westlake Chemical Corp | 13 | ||||||||
4,332 | e* | WR Grace & Co | 102 | ||||||||
79,796 | Wyeth | 3,827 | |||||||||
1,312 | * | Xenoport, Inc | 51 | ||||||||
8,116 | e* | XOMA Ltd | 14 | ||||||||
2,399 | e* | Zymogenetics, Inc | 20 | ||||||||
TOTAL CHEMICALS AND ALLIED PRODUCTS | 80,035 | ||||||||||
COAL MINING - 0.53% | |||||||||||
4,205 | * | Alpha Natural Resources, Inc | 438 | ||||||||
8,714 | Arch Coal, Inc | 654 | |||||||||
10,952 | Consol Energy, Inc | 1,231 | |||||||||
7,316 | e* | International Coal Group, Inc | 95 | ||||||||
1,514 | * | James River Coal Co | 89 | ||||||||
4,822 | Massey Energy Co | 452 | |||||||||
1,543 | * | National Coal Corp | 14 | ||||||||
16,252 | Peabody Energy Corp | 1,431 | |||||||||
570 | * | Westmoreland Coal Co | 12 | ||||||||
TOTAL COAL MINING | 4,416 | ||||||||||
COMMUNICATIONS - 4.17% | |||||||||||
2,743 | e | Alaska Communications Systems Group, Inc | 33 | ||||||||
23,861 | * | American Tower Corp (Class A) | 1,008 | ||||||||
1,895 | e* | Anixter International, Inc | 113 | ||||||||
3,054 | e* | Aruba Networks, Inc | 16 | ||||||||
355,622 | AT&T, Inc | 11,981 | |||||||||
356 | e | Atlantic Tele-Network, Inc | 10 | ||||||||
1,206 | e* | Audiovox Corp (Class A) | 12 | ||||||||
2,522 | e* | Brightpoint, Inc | 18 | ||||||||
13,439 | e* | Cablevision Systems Corp (Class A) | 304 | ||||||||
1,055 | e* | Cbeyond Communications, Inc | 17 | ||||||||
4,028 | * | Centennial Communications Corp | 28 | ||||||||
2,093 | e* | Central European Media Enterprises Ltd (Class A) | 189 | ||||||||
6,105 | * | CenturyTel, Inc | 217 | ||||||||
25,044 | e* | Charter Communications, Inc (Class A) | 26 | ||||||||
16,520 | * | Cincinnati Bell, Inc | 66 | ||||||||
12,479 | e* | Citadel Broadcasting Corp | 15 | ||||||||
19,434 | e* | Citizens Communications Co | 220 | ||||||||
29,474 | Clear Channel Communications, Inc | 1,037 | |||||||||
4,026 | e* | Clearwire Corp (Class A) | 52 | ||||||||
167,809 | Comcast Corp (Class A) | 3,183 | |||||||||
1,571 | e | Consolidated Communications Holdings, Inc | 23 | ||||||||
2,186 | e* | Cox Radio, Inc (Class A) | 26 |
10
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
16,909 | * | Crown Castle International Corp | $ | 655 | |||||||
1,802 | e* | Crown Media Holdings, Inc (Class A) | 9 | ||||||||
3,172 | * | CTC Media, Inc | 78 | ||||||||
2,624 | e* | Cumulus Media, Inc (Class A) | 10 | ||||||||
813 | e* | DG FastChannel, Inc | 14 | ||||||||
35,674 | * | DIRECTV Group, Inc | 924 | ||||||||
12,220 | * | DISH Network Corp (Class A) | 358 | ||||||||
8,638 | Embarq Corp | 408 | |||||||||
2,180 | e | Entercom Communications Corp (Class A) | 15 | ||||||||
5,154 | e* | Entravision Communications Corp (Class A) | 21 | ||||||||
5,145 | e | Fairpoint Communications, Inc | 37 | ||||||||
8,501 | e* | FiberTower Corp | 12 | ||||||||
354 | e | Fisher Communications, Inc | 12 | ||||||||
8,914 | * | Foundry Networks, Inc | 105 | ||||||||
3,022 | e* | General Communication, Inc (Class A) | 21 | ||||||||
1,077 | e* | GeoEye, Inc | 19 | ||||||||
2,246 | e* | Global Crossing Ltd | 40 | ||||||||
4,870 | Global Payments, Inc | 227 | |||||||||
1,202 | e* | Globalstar, Inc | 3 | ||||||||
3,118 | e | Gray Television, Inc | 9 | ||||||||
1,520 | e | Hearst-Argyle Television, Inc | 29 | ||||||||
396 | e* | Hughes Communications, Inc | 19 | ||||||||
10,819 | * | IAC/InterActiveCorp | 209 | ||||||||
2,017 | e | Ibasis, Inc | 7 | ||||||||
6,383 | e* | ICO Global Communications Holdings Ltd | 21 | ||||||||
3,749 | e | IDT Corp (Class B) | 6 | ||||||||
1,874 | e | Iowa Telecommunications Services, Inc | 33 | ||||||||
1,069 | e* | iPCS, Inc | 32 | ||||||||
3,019 | * | j2 Global Communications, Inc | 70 | ||||||||
1,587 | e* | Knology, Inc | 17 | ||||||||
3,092 | e* | Leap Wireless International, Inc | 134 | ||||||||
93,633 | e* | Level 3 Communications, Inc | 276 | ||||||||
19,997 | e* | Liberty Global, Inc (Class A) | 629 | ||||||||
7,691 | * | Liberty Media Corp - Capital (Series A) | 111 | ||||||||
30,764 | * | Liberty Media Corp - Entertainment (Series A) | 745 | ||||||||
35,566 | * | Liberty Media Holding Corp (Interactive A) | 525 | ||||||||
1,798 | e* | Lin TV Corp (Class A) | 11 | ||||||||
2,626 | e* | Mastec, Inc | 28 | ||||||||
4,583 | e* | Mediacom Communications Corp (Class A) | 25 | ||||||||
14,563 | e* | MetroPCS Communications, Inc | 258 | ||||||||
4,651 | e* | NeuStar, Inc (Class A) | 100 | ||||||||
994 | * | Neutral Tandem, Inc | 17 | ||||||||
1,681 | e* | Nextwave Wireless, Inc | 7 | ||||||||
9,996 | * | NII Holdings, Inc | 475 | ||||||||
1,922 | e* | Novatel Wireless, Inc | 21 | ||||||||
1,715 | NTELOS Holdings Corp | 44 | |||||||||
1,632 | e* | Orbcomm, Inc | 9 | ||||||||
7,414 | e* | PAETEC Holding Corp | 47 | ||||||||
89,984 | e | Qwest Communications International, Inc | 354 | ||||||||
1,881 | e* | RCN Corp | 20 | ||||||||
741 | e* | Rural Cellular Corp (Class A) | 33 | ||||||||
1,756 | e* | SAVVIS, Inc | 23 | ||||||||
6,304 | * | SBA Communications Corp (Class A) | 227 | ||||||||
1,404 | e | Shenandoah Telecom Co | 18 | ||||||||
3,111 | e | Sinclair Broadcast Group, Inc (Class A) | 24 | ||||||||
167,104 | Sprint Nextel Corp | 1,588 | |||||||||
766 | e* | Switch & Data Facilities Co, Inc | 13 | ||||||||
3,081 | * | Syniverse Holdings, Inc | 50 | ||||||||
1,946 | * | TeleCommunication Systems, Inc | 9 | ||||||||
6,282 | Telephone & Data Systems, Inc | 297 | |||||||||
1,962 | e* | Terremark Worldwide, Inc | 11 | ||||||||
3,440 | * | TerreStar Corp | 14 | ||||||||
9,282 | e* | Time Warner Cable, Inc (Class A) | 246 | ||||||||
4,990 | e* | TiVo, Inc | 31 | ||||||||
1,032 | * | US Cellular Corp | 58 |
11
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,642 | USA Mobility, Inc | $ | 12 | ||||||||
170,613 | Verizon Communications, Inc | 6,040 | |||||||||
1,500 | e* | Virgin Mobile USA, Inc | 4 | ||||||||
1,993 | e* | Vonage Holdings Corp | 3 | ||||||||
26,797 | e | Windstream Corp | 331 | ||||||||
19,080 | e* | XM Satellite Radio Holdings, Inc (Class A) | 150 | ||||||||
TOTAL COMMUNICATIONS | 35,032 | ||||||||||
DEPOSITORY INSTITUTIONS - 5.67% | |||||||||||
1,117 | e | 1st Source Corp | 18 | ||||||||
732 | e | Abington Bancorp, Inc | 7 | ||||||||
1,722 | e | Amcore Financial, Inc | 10 | ||||||||
853 | e | Ameris Bancorp | 7 | ||||||||
387 | Ames National Corp | 6 | |||||||||
1,536 | Anchor Bancorp Wisconsin, Inc | 11 | |||||||||
528 | Arrow Financial Corp | 10 | |||||||||
7,795 | e | Associated Banc-Corp | 150 | ||||||||
5,317 | Astoria Financial Corp | 107 | |||||||||
520 | e | Bancfirst Corp | 22 | ||||||||
1,517 | e | Banco Latinoamericano de Exportaciones S.A. | 25 | ||||||||
5,040 | e | Bancorpsouth, Inc | 88 | ||||||||
1,017 | BancTrust Financial Group, Inc | 7 | |||||||||
2,688 | e | Bank Mutual Corp | 27 | ||||||||
266,168 | Bank of America Corp | 6,353 | |||||||||
2,893 | Bank of Hawaii Corp | 138 | |||||||||
67,980 | Bank of New York Mellon Corp | 2,572 | |||||||||
638 | e | Bank of the Ozarks, Inc | 9 | ||||||||
1,599 | BankFinancial Corp | 21 | |||||||||
777 | e | Banner Corp | 7 | ||||||||
32,999 | e | BB&T Corp | 751 | ||||||||
1,950 | * | Beneficial Mutual Bancorp, Inc | 22 | ||||||||
550 | e | Berkshire Hills Bancorp, Inc | 13 | ||||||||
1,341 | BOK Financial Corp | 72 | |||||||||
2,260 | e | Boston Private Financial Holdings, Inc | 13 | ||||||||
3,927 | e | Brookline Bancorp, Inc | 38 | ||||||||
397 | Bryn Mawr Bank Corp | 7 | |||||||||
460 | Camden National Corp | 11 | |||||||||
831 | e | Capital City Bank Group, Inc | 18 | ||||||||
828 | e | Capitol Bancorp Ltd | 7 | ||||||||
1,324 | e | Capitol Federal Financial | 50 | ||||||||
1,503 | Cardinal Financial Corp | 9 | |||||||||
1,800 | e | Cascade Bancorp | 14 | ||||||||
398 | e | Cass Information Systems, Inc | 13 | ||||||||
3,316 | e | Cathay General Bancorp | 36 | ||||||||
1,887 | e | Central Pacific Financial Corp | 20 | ||||||||
1,722 | e | Chemical Financial Corp | 35 | ||||||||
325,353 | Citigroup, Inc | 5,453 | |||||||||
533 | Citizens & Northern Corp | 9 | |||||||||
4,633 | e | Citizens Banking Corp | 13 | ||||||||
825 | e | City Bank | 7 | ||||||||
1,123 | e | City Holding Co | 46 | ||||||||
2,497 | e | City National Corp | 105 | ||||||||
875 | e | Clifton Savings Bancorp, Inc | 9 | ||||||||
675 | e | CoBiz, Inc | 4 | ||||||||
10,387 | Colonial Bancgroup, Inc | 46 | |||||||||
1,059 | e | Columbia Banking System, Inc | 20 | ||||||||
8,948 | e | Comerica, Inc | 229 | ||||||||
3,527 | Commerce Bancshares, Inc | 140 | |||||||||
2,024 | e | Community Bank System, Inc | 42 | ||||||||
1,003 | e | Community Trust Bancorp, Inc | 26 | ||||||||
2,340 | e | Corus Bankshares, Inc | 10 | ||||||||
3,671 | Cullen/Frost Bankers, Inc | 183 | |||||||||
4,428 | e | CVB Financial Corp | 42 | ||||||||
1,609 | Dime Community Bancshares | 27 | |||||||||
983 | e* | Dollar Financial Corp | 15 |
12
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,361 | e | Downey Financial Corp | $ | 4 | |||||||
3,926 | e | East West Bancorp, Inc | 28 | ||||||||
512 | e | Enterprise Financial Services Corp | 10 | ||||||||
1,035 | ESSA Bancorp, Inc | 13 | |||||||||
2,804 | e* | Euronet Worldwide, Inc | 47 | ||||||||
377 | Farmers Capital Bank Corp | 7 | |||||||||
30,065 | Fifth Third Bancorp | 306 | |||||||||
664 | Financial Institutions, Inc | 11 | |||||||||
720 | e | First Bancorp | 9 | ||||||||
4,676 | e | First Bancorp | 30 | ||||||||
1,530 | e | First Busey Corp | 20 | ||||||||
341 | First Citizens Bancshares, Inc (Class A) | 48 | |||||||||
4,700 | e | First Commonwealth Financial Corp | 44 | ||||||||
680 | e | First Community Bancshares, Inc | 19 | ||||||||
2,359 | e | First Financial Bancorp | 22 | ||||||||
1,332 | e | First Financial Bankshares, Inc | 61 | ||||||||
903 | e | First Financial Corp | 28 | ||||||||
600 | e | First Financial Holdings, Inc | 10 | ||||||||
1,374 | First Financial Northwest, Inc | 14 | |||||||||
9,925 | e | First Horizon National Corp | 74 | ||||||||
1,238 | e | First Merchants Corp | 22 | ||||||||
2,914 | e | First Midwest Bancorp, Inc | 54 | ||||||||
6,905 | First Niagara Financial Group, Inc | 89 | |||||||||
987 | e | First Place Financial Corp | 9 | ||||||||
504 | e | First South Bancorp, Inc | 6 | ||||||||
377 | e* | FirstFed Financial Corp | 3 | ||||||||
5,102 | FirstMerit Corp | 83 | |||||||||
1,967 | e | Flagstar Bancorp, Inc | 6 | ||||||||
1,105 | Flushing Financial Corp | 21 | |||||||||
5,502 | e | FNB Corp | 65 | ||||||||
2,394 | e | Frontier Financial Corp | 20 | ||||||||
11,161 | e | Fulton Financial Corp | 112 | ||||||||
3,468 | e | Glacier Bancorp, Inc | 55 | ||||||||
437 | e | Greene County Bancshares, Inc | 6 | ||||||||
3,800 | e* | Guaranty Bancorp | 14 | ||||||||
1,711 | e | Hancock Holding Co | 67 | ||||||||
2,620 | e | Hanmi Financial Corp | 14 | ||||||||
1,911 | e | Harleysville National Corp | 21 | ||||||||
928 | e | Heartland Financial USA, Inc | 17 | ||||||||
803 | e | Heritage Commerce Corp | 8 | ||||||||
709 | e | Home Bancshares, Inc | 16 | ||||||||
31,070 | Hudson City Bancorp, Inc | 518 | |||||||||
22,354 | e | Huntington Bancshares, Inc | 129 | ||||||||
632 | e | IBERIABANK Corp | 28 | ||||||||
938 | Independent Bank Corp | 22 | |||||||||
4,091 | e,v | IndyMac Bancorp, Inc | 2 | ||||||||
1,040 | e | Integra Bank Corp | 8 | ||||||||
3,295 | e | International Bancshares Corp | 70 | ||||||||
3,434 | * | Investors Bancorp, Inc | 45 | ||||||||
205,965 | JPMorgan Chase & Co | 7,067 | |||||||||
1,441 | e | Kearny Financial Corp | 16 | ||||||||
23,600 | e | Keycorp | 259 | ||||||||
1,025 | e | Lakeland Bancorp, Inc | 12 | ||||||||
734 | e | Lakeland Financial Corp | 14 | ||||||||
3,932 | e | M&T Bank Corp | 277 | ||||||||
731 | e | MainSource Financial Group, Inc | 11 | ||||||||
15,732 | e | Marshall & Ilsley Corp | 241 | ||||||||
217 | MASSBANK Corp | 9 | |||||||||
2,236 | e | MB Financial, Inc | 50 | ||||||||
5,244 | * | Metavante Technologies, Inc | 119 | ||||||||
1,081 | e | Midwest Banc Holdings, Inc | 5 | ||||||||
1,144 | e | Nara Bancorp, Inc | 12 | ||||||||
206 | e | NASB Financial, Inc | 4 | ||||||||
42,662 | e | National City Corp | 203 |
13
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
4,881 | e | National Penn Bancshares, Inc | $ | 65 | |||||||
2,152 | e | NBT Bancorp, Inc | 44 | ||||||||
2,399 | * | Net 1 UEPS Technologies, Inc | 58 | ||||||||
19,260 | e | New York Community Bancorp, Inc | 344 | ||||||||
6,972 | e | NewAlliance Bancshares, Inc | 87 | ||||||||
13,119 | Northern Trust Corp | 900 | |||||||||
1,192 | * | Northfield Bancorp, Inc | 13 | ||||||||
1,341 | e | Northwest Bancorp, Inc | 29 | ||||||||
508 | OceanFirst Financial Corp | 9 | |||||||||
3,801 | e | Old National Bancorp | 54 | ||||||||
799 | e | Old Second Bancorp, Inc | 9 | ||||||||
1,295 | Oriental Financial Group, Inc | 18 | |||||||||
713 | e* | Oritani Financial Corp | 11 | ||||||||
2,744 | e | Pacific Capital Bancorp | 38 | ||||||||
611 | Pacific Continental Corp | 7 | |||||||||
1,486 | e | PacWest Bancorp | 22 | ||||||||
688 | e | Park National Corp | 37 | ||||||||
499 | Peapack Gladstone Financial Corp | 11 | |||||||||
595 | Peoples Bancorp, Inc | 11 | |||||||||
19,823 | People’s United Financial, Inc | 309 | |||||||||
986 | e* | Pinnacle Financial Partners, Inc | 20 | ||||||||
20,700 | PNC Financial Services Group, Inc | 1,182 | |||||||||
17,875 | Popular, Inc | 118 | |||||||||
1,141 | e | PrivateBancorp, Inc | 35 | ||||||||
2,230 | e | Prosperity Bancshares, Inc | 60 | ||||||||
2,140 | e | Provident Bankshares Corp | 14 | ||||||||
4,058 | Provident Financial Services, Inc | 57 | |||||||||
2,753 | e | Provident New York Bancorp | 30 | ||||||||
41,618 | e | Regions Financial Corp | 454 | ||||||||
769 | e | Renasant Corp | 11 | ||||||||
612 | e | Republic Bancorp, Inc (Class A) | 15 | ||||||||
598 | e | Rockville Financial, Inc | 8 | ||||||||
629 | e | Roma Financial Corp | 8 | ||||||||
1,811 | e | S&T Bancorp, Inc | 53 | ||||||||
846 | e | S.Y. Bancorp, Inc | 18 | ||||||||
1,000 | e | Sandy Spring Bancorp, Inc | 17 | ||||||||
357 | e | Santander BanCorp | 4 | ||||||||
605 | e | SCBT Financial Corp | 17 | ||||||||
740 | e | Seacoast Banking Corp of Florida | 6 | ||||||||
514 | Shore Bancshares, Inc | 10 | |||||||||
370 | e | Sierra Bancorp | 6 | ||||||||
1,893 | * | Signature Bank | 49 | ||||||||
1,066 | e | Simmons First National Corp (Class A) | 30 | ||||||||
581 | Smithtown Bancorp, Inc | 9 | |||||||||
4,761 | e | South Financial Group, Inc | 19 | ||||||||
757 | e | Southside Bancshares, Inc | 14 | ||||||||
740 | Southwest Bancorp, Inc | 9 | |||||||||
26,590 | e | Sovereign Bancorp, Inc | 196 | ||||||||
856 | State Bancorp, Inc | 11 | |||||||||
23,514 | State Street Corp | 1,505 | |||||||||
1,347 | StellarOne Corp | 20 | |||||||||
1,199 | e | Sterling Bancorp | 14 | ||||||||
3,900 | Sterling Bancshares, Inc | 35 | |||||||||
3,133 | e | Sterling Financial Corp | 13 | ||||||||
701 | e | Suffolk Bancorp | 21 | ||||||||
613 | e* | Sun Bancorp, Inc | 6 | ||||||||
21,153 | SunTrust Banks, Inc | 766 | |||||||||
4,965 | e | Susquehanna Bancshares, Inc | 68 | ||||||||
1,802 | e* | SVB Financial Group | 87 | ||||||||
17,015 | e | Synovus Financial Corp | 149 | ||||||||
8,192 | e | TCF Financial Corp | 99 | ||||||||
1,482 | e* | Texas Capital Bancshares, Inc | 24 | ||||||||
6,191 | e | TFS Financial Corp | 72 | ||||||||
709 | e | Tompkins Trustco, Inc | 26 |
14
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,219 | TowneBank | $ | 18 | ||||||||
726 | e | Trico Bancshares | 8 | ||||||||
5,202 | e | Trustco Bank Corp NY | 39 | ||||||||
2,902 | e | Trustmark Corp | 51 | ||||||||
6,278 | e | UCBH Holdings, Inc | 14 | ||||||||
1,859 | UMB Financial Corp | 95 | |||||||||
3,609 | e | Umpqua Holdings Corp | 44 | ||||||||
814 | e | Union Bankshares Corp | 12 | ||||||||
2,423 | UnionBanCal Corp | 98 | |||||||||
2,534 | e | United Bankshares, Inc | 58 | ||||||||
2,128 | e | United Community Banks, Inc | 18 | ||||||||
1,981 | e | United Community Financial Corp | 7 | ||||||||
1,056 | United Financial Bancorp, Inc | 12 | |||||||||
460 | e | United Security Bancshares | 7 | ||||||||
792 | e | Univest Corp of Pennsylvania | 16 | ||||||||
103,857 | US Bancorp | 2,897 | |||||||||
7,834 | e | Valley National Bancorp | 124 | ||||||||
690 | ViewPoint Financial Group | 10 | |||||||||
7,937 | e | W Holding Co, Inc | 6 | ||||||||
129,251 | Wachovia Corp | 2,007 | |||||||||
5,275 | e | Washington Federal, Inc | 95 | ||||||||
62,079 | e | Washington Mutual, Inc | 306 | ||||||||
881 | e | Washington Trust Bancorp, Inc | 17 | ||||||||
681 | e* | Wauwatosa Holdings, Inc | 7 | ||||||||
3,232 | Webster Financial Corp | 60 | |||||||||
197,654 | Wells Fargo & Co | 4,694 | |||||||||
1,534 | e | WesBanco, Inc | 26 | ||||||||
997 | West Bancorporation, Inc | 9 | |||||||||
977 | e | West Coast Bancorp | 8 | ||||||||
1,616 | e | Westamerica Bancorporation | 85 | ||||||||
850 | e* | Western Alliance Bancorp | 7 | ||||||||
44,300 | Western Union Co | 1,095 | |||||||||
1,174 | Westfield Financial, Inc | 11 | |||||||||
4,160 | e | Whitney Holding Corp | 76 | ||||||||
4,204 | e | Wilmington Trust Corp | 111 | ||||||||
980 | e | Wilshire Bancorp, Inc | 8 | ||||||||
1,580 | e | Wintrust Financial Corp | 38 | ||||||||
320 | WSFS Financial Corp | 14 | |||||||||
709 | Yadkin Valley Financial Corp | 8 | |||||||||
6,129 | e | Zions Bancorporation | 193 | ||||||||
TOTAL DEPOSITORY INSTITUTIONS | 47,654 | ||||||||||
EATING AND DRINKING PLACES - 0.88% | |||||||||||
1,322 | * | AFC Enterprises | 11 | ||||||||
758 | e* | BJ’s Restaurants, Inc | 7 | ||||||||
1,700 | e | Bob Evans Farms, Inc | 49 | ||||||||
5,750 | Brinker International, Inc | 109 | |||||||||
790 | e* | Buffalo Wild Wings, Inc | 20 | ||||||||
4,224 | Burger King Holdings, Inc | 113 | |||||||||
1,971 | e* | California Pizza Kitchen, Inc | 22 | ||||||||
1,623 | CBRL Group, Inc | 40 | |||||||||
1,296 | * | CEC Entertainment, Inc | 36 | ||||||||
4,394 | e* | Cheesecake Factory | 70 | ||||||||
1,977 | * | Chipotle Mexican Grill, Inc (Class A) | 163 | ||||||||
3,658 | CKE Restaurants, Inc | 46 | |||||||||
8,645 | Darden Restaurants, Inc | 276 | |||||||||
6,036 | e* | Denny’s Corp | 17 | ||||||||
1,061 | e | DineEquity, Inc | 40 | ||||||||
2,437 | e* | Domino’s Pizza, Inc | 28 | ||||||||
3,822 | * | Jack in the Box, Inc | 86 | ||||||||
3,561 | e* | Krispy Kreme Doughnuts, Inc | 18 | ||||||||
1,203 | e | Landry’s Restaurants, Inc | 22 | ||||||||
67,743 | McDonald’s Corp | 3,808 | |||||||||
1,720 | e | O’Charleys, Inc | 17 | ||||||||
1,450 | * | Papa John’s International, Inc | 38 |
15
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,702 | e* | PF Chang’s China Bistro, Inc | $ | 38 | |||||||
957 | e* | Red Robin Gourmet Burgers, Inc | 26 | ||||||||
3,070 | e | Ruby Tuesday, Inc | 17 | ||||||||
800 | e* | Ruth’s Chris Steak House, Inc | 4 | ||||||||
3,411 | e* | Sonic Corp | 50 | ||||||||
43,549 | * | Starbucks Corp | 685 | ||||||||
1,689 | e* | Steak N Shake Co | 11 | ||||||||
3,384 | e* | Texas Roadhouse, Inc (Class A) | 30 | ||||||||
11,069 | e | Tim Hortons, Inc | 318 | ||||||||
3,982 | e | Triarc Cos (Class B) | 25 | ||||||||
4,706 | Wendy’s International, Inc | 128 | |||||||||
28,548 | Yum! Brands, Inc | 1,002 | |||||||||
TOTAL EATING AND DRINKING PLACES | 7,370 | ||||||||||
EDUCATIONAL SERVICES - 0.14% | |||||||||||
663 | * | American Public Education, Inc | 26 | ||||||||
8,104 | * | Apollo Group, Inc (Class A) | 359 | ||||||||
5,356 | e* | Career Education Corp | 78 | ||||||||
5,717 | e* | Corinthian Colleges, Inc | 66 | ||||||||
3,674 | DeVry, Inc | 197 | |||||||||
2,332 | e* | ITT Educational Services, Inc | 193 | ||||||||
363 | * | K12, Inc | 8 | ||||||||
522 | * | Learning Tree International, Inc | 9 | ||||||||
887 | Strayer Education, Inc | 185 | |||||||||
1,448 | e* | Universal Technical Institute, Inc | 18 | ||||||||
TOTAL EDUCATIONAL SERVICES | 1,139 | ||||||||||
ELECTRIC, GAS, AND SANITARY SERVICES - 4.69% | |||||||||||
40,402 | * | AES Corp | 776 | ||||||||
4,796 | AGL Resources, Inc | 166 | |||||||||
10,136 | Allegheny Energy, Inc | 508 | |||||||||
1,693 | Allete, Inc | 71 | |||||||||
6,598 | Alliant Energy Corp | 226 | |||||||||
22,174 | * | Allied Waste Industries, Inc | 280 | ||||||||
12,327 | Ameren Corp | 521 | |||||||||
822 | e | American Ecology Corp | 24 | ||||||||
23,900 | American Electric Power Co, Inc | 961 | |||||||||
1,100 | e | American States Water Co | 38 | ||||||||
3,788 | American Water Works Co, Inc | 84 | |||||||||
8,126 | Aqua America, Inc | 130 | |||||||||
24,847 | * | Aquila, Inc | 94 | ||||||||
5,341 | Atmos Energy Corp | 147 | |||||||||
3,100 | Avista Corp | 67 | |||||||||
5,186 | * | Beacon Power Corp | 11 | ||||||||
2,253 | Black Hills Corp | 72 | |||||||||
1,013 | e | California Water Service Group | 33 | ||||||||
21,176 | * | Calpine Corp | 478 | ||||||||
1,195 | * | Casella Waste Systems, Inc (Class A) | 15 | ||||||||
19,246 | Centerpoint Energy, Inc | 309 | |||||||||
616 | Central Vermont Public Service Corp | 12 | |||||||||
1,063 | e | CH Energy Group, Inc | 38 | ||||||||
402 | Chesapeake Utilities Corp | 10 | |||||||||
1,289 | * | Clean Energy Fuels Corp | 15 | ||||||||
1,182 | e* | Clean Harbors, Inc | 84 | ||||||||
3,305 | Cleco Corp | 77 | |||||||||
13,685 | e | CMS Energy Corp | 204 | ||||||||
518 | Connecticut Water Service, Inc | 12 | |||||||||
16,257 | e | Consolidated Edison, Inc | 635 | ||||||||
892 | e | Consolidated Water Co, Inc | 18 | ||||||||
10,730 | Constellation Energy Group, Inc | 881 | |||||||||
7,381 | * | Covanta Holding Corp | 197 | ||||||||
2,304 | e | Crosstex Energy, Inc | 80 | ||||||||
34,454 | Dominion Resources, Inc | 1,636 | |||||||||
6,926 | e | DPL, Inc | 183 | ||||||||
9,870 | DTE Energy Co | 419 |
16
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | |||||||||
75,673 | Duke Energy Corp | $ | 1,315 | |||||||||
29,653 | * | Dynegy, Inc (Class A) | 254 | |||||||||
19,521 | Edison International | 1,003 | ||||||||||
42,036 | El Paso Corp | 914 | ||||||||||
2,788 | * | El Paso Electric Co | 55 | |||||||||
1,913 | Empire District Electric Co | 35 | ||||||||||
4,384 | Energen Corp | 342 | ||||||||||
9,486 | Energy East Corp | 234 | ||||||||||
1,700 | EnergySolutions, Inc | 38 | ||||||||||
453 | e | EnergySouth, Inc | 22 | |||||||||
231 | e* | EnerNOC, Inc | 4 | |||||||||
11,462 | Entergy Corp | 1,381 | ||||||||||
39,404 | Exelon Corp | 3,545 | ||||||||||
18,204 | FirstEnergy Corp | 1,499 | ||||||||||
24,461 | FPL Group, Inc | 1,604 | ||||||||||
5,249 | e | Great Plains Energy, Inc | 133 | |||||||||
5,035 | e | Hawaiian Electric Industries, Inc | 125 | |||||||||
2,843 | e | Idacorp, Inc | 82 | |||||||||
4,488 | e | Integrys Energy Group, Inc | 228 | |||||||||
2,892 | ITC Holdings Corp | 148 | ||||||||||
1,400 | e | Laclede Group, Inc | 57 | |||||||||
11,115 | MDU Resources Group, Inc | 387 | ||||||||||
1,200 | e | MGE Energy, Inc | 39 | |||||||||
813 | Middlesex Water Co | 13 | ||||||||||
12,403 | e* | Mirant Corp | 486 | |||||||||
4,857 | e | National Fuel Gas Co | 289 | |||||||||
2,774 | e | New Jersey Resources Corp | 91 | |||||||||
2,750 | e | Nicor, Inc | 117 | |||||||||
16,776 | NiSource, Inc | 301 | ||||||||||
9,442 | Northeast Utilities | 241 | ||||||||||
1,750 | e | Northwest Natural Gas Co | 81 | |||||||||
2,408 | e | NorthWestern Corp | 61 | |||||||||
14,114 | * | NRG Energy, Inc | 605 | |||||||||
6,541 | NSTAR | 221 | ||||||||||
5,507 | OGE Energy Corp | 175 | ||||||||||
6,202 | Oneok, Inc | 303 | ||||||||||
1,079 | e | Ormat Technologies, Inc | 53 | |||||||||
1,956 | e | Otter Tail Corp | 76 | |||||||||
11,772 | Pepco Holdings, Inc | 302 | ||||||||||
20,894 | PG&E Corp | 829 | ||||||||||
936 | e* | Pico Holdings, Inc | 41 | |||||||||
4,711 | Piedmont Natural Gas Co, Inc | 123 | ||||||||||
1,025 | e* | Pike Electric Corp | 17 | |||||||||
6,239 | Pinnacle West Capital Corp | 192 | ||||||||||
4,786 | * | Plug Power, Inc | 11 | |||||||||
4,199 | PNM Resources, Inc | 50 | ||||||||||
3,747 | Portland General Electric Co | 84 | ||||||||||
22,419 | PPL Corp | 1,172 | ||||||||||
15,370 | Progress Energy, Inc | 643 | ||||||||||
5,000 | m,v* | Progress Energy, Inc | — | ^ | ||||||||
30,436 | Public Service Enterprise Group, Inc | 1,398 | ||||||||||
7,711 | Puget Energy, Inc | 185 | ||||||||||
10,373 | Questar Corp | 737 | ||||||||||
20,883 | * | Reliant Energy, Inc | 444 | |||||||||
9,476 | Republic Services, Inc | 281 | ||||||||||
1,126 | e | Resource America, Inc (Class A) | 11 | |||||||||
6,675 | SCANA Corp | 247 | ||||||||||
14,845 | Sempra Energy | 838 | ||||||||||
13,561 | Sierra Pacific Resources | 172 | ||||||||||
1,020 | e | SJW Corp | 27 | |||||||||
1,884 | e | South Jersey Industries, Inc | 70 | |||||||||
45,740 | Southern Co | 1,597 | ||||||||||
6,440 | e | Southern Union Co | 174 | |||||||||
2,572 | Southwest Gas Corp | 77 |
17
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,025 | e | Southwest Water Co | $ | 10 | |||||||
5,308 | * | Stericycle, Inc | 274 | ||||||||
12,829 | e | TECO Energy, Inc | 276 | ||||||||
6,491 | UGI Corp | 186 | |||||||||
1,633 | e | UIL Holdings Corp | 48 | ||||||||
2,373 | Unisource Energy Corp | 74 | |||||||||
4,559 | e | Vectren Corp | 142 | ||||||||
3,949 | * | Waste Connections, Inc | 126 | ||||||||
1,458 | e* | Waste Services, Inc | 10 | ||||||||
5,725 | Westar Energy, Inc | 123 | |||||||||
3,019 | WGL Holdings, Inc | 105 | |||||||||
34,975 | Williams Cos, Inc | 1,410 | |||||||||
6,889 | Wisconsin Energy Corp | 312 | |||||||||
24,349 | Xcel Energy, Inc | 489 | |||||||||
TOTAL ELECTRIC, GAS, AND SANITARY SERVICES | 39,376 | ||||||||||
ELECTRONIC AND OTHER ELECTRIC EQUIPMENT - 6.57% | |||||||||||
1,500 | e* | Acme Packet, Inc | 12 | ||||||||
1,556 | * | Actel Corp | 26 | ||||||||
2,435 | Acuity Brands, Inc | 117 | |||||||||
7,209 | e* | Adaptec, Inc | 23 | ||||||||
7,316 | * | ADC Telecommunications, Inc | 108 | ||||||||
3,501 | Adtran, Inc | 83 | |||||||||
2,343 | * | Advanced Analogic Technologies, Inc | 10 | ||||||||
2,485 | * | Advanced Battery Technologies, Inc | 14 | ||||||||
2,251 | * | �� | Advanced Energy Industries, Inc | 31 | |||||||
36,301 | e* | Advanced Micro Devices, Inc | 212 | ||||||||
18,306 | Altera Corp | 379 | |||||||||
2,495 | e* | American Superconductor Corp | 89 | ||||||||
6,334 | Ametek, Inc | 299 | |||||||||
6,298 | e* | Amkor Technology, Inc | 66 | ||||||||
10,491 | Amphenol Corp (Class A) | 471 | |||||||||
3,097 | e* | Anadigics, Inc | 31 | ||||||||
17,368 | Analog Devices, Inc | 552 | |||||||||
52,765 | * | Apple Computer, Inc | 8,835 | ||||||||
4,877 | e* | Applied Micro Circuits Corp | 42 | ||||||||
760 | Applied Signal Technology, Inc | 10 | |||||||||
8,272 | * | Arris Group, Inc | 70 | ||||||||
3,325 | e* | Atheros Communications, Inc | 100 | ||||||||
26,699 | * | Atmel Corp | 93 | ||||||||
1,909 | * | ATMI, Inc | 53 | ||||||||
12,022 | e* | Avanex Corp | 14 | ||||||||
8,620 | * | Avnet, Inc | 235 | ||||||||
3,547 | e | AVX Corp | 40 | ||||||||
723 | e* | AZZ, Inc | 29 | ||||||||
2,797 | e | Baldor Electric Co | 98 | ||||||||
674 | Bel Fuse, Inc (Class B) | 17 | |||||||||
4,279 | * | Benchmark Electronics, Inc | 70 | ||||||||
782 | e* | BigBand Networks, Inc | 4 | ||||||||
5,976 | * | Bookham, Inc | 10 | ||||||||
30,579 | * | Broadcom Corp (Class A) | 835 | ||||||||
8,642 | * | Capstone Turbine Corp | 36 | ||||||||
1,663 | e* | Ceradyne, Inc | 57 | ||||||||
1,230 | * | Ceva, Inc | 10 | ||||||||
2,612 | * | Checkpoint Systems, Inc | 55 | ||||||||
1,638 | * | China Security & Surveillance Technology, Inc | 22 | ||||||||
5,374 | e* | Ciena Corp | 125 | ||||||||
353,624 | * | Cisco Systems, Inc | 8,225 | ||||||||
1,458 | * | Comtech Telecommunications Corp | 71 | ||||||||
10,405 | Cooper Industries Ltd (Class A) | 411 | |||||||||
457 | * | CPI International, Inc | 6 | ||||||||
5,056 | e* | Cree, Inc | 115 | ||||||||
2,100 | CTS Corp | 21 | |||||||||
1,000 | Cubic Corp | 22 |
18
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
9,243 | e* | Cypress Semiconductor Corp | $ | 229 | |||||||
1,921 | e* | Diodes, Inc | 53 | ||||||||
3,020 | * | Dolby Laboratories, Inc (Class A) | 122 | ||||||||
1,958 | * | DSP Group, Inc | 14 | ||||||||
1,168 | e* | DTS, Inc | 37 | ||||||||
9,761 | Eaton Corp | 829 | |||||||||
2,545 | e* | EchoStar Corp (Class A) | 79 | ||||||||
2,000 | * | Electro Scientific Industries, Inc | 28 | ||||||||
4,389 | * | Emcore Corp | 27 | ||||||||
956 | * | EMS Technologies, Inc | 21 | ||||||||
3,310 | * | Energizer Holdings, Inc | 242 | ||||||||
2,523 | * | Energy Conversion Devices, Inc | 186 | ||||||||
1,650 | * | EnerSys | 56 | ||||||||
5,831 | e* | Evergreen Solar, Inc | 57 | ||||||||
2,444 | e* | Exar Corp | 18 | ||||||||
7,886 | * | Fairchild Semiconductor International, Inc | 93 | ||||||||
14,527 | e* | Finisar Corp | 17 | ||||||||
2,673 | * | First Solar, Inc | 729 | ||||||||
1,238 | e | Franklin Electric Co, Inc | 48 | ||||||||
4,152 | e* | FuelCell Energy, Inc | 29 | ||||||||
1,197 | * | Globecomm Systems, Inc | 10 | ||||||||
6,150 | * | GrafTech International Ltd | 165 | ||||||||
1,507 | e* | Greatbatch, Inc | 26 | ||||||||
3,385 | e | Harman International Industries, Inc | 140 | ||||||||
5,636 | * | Harmonic, Inc | 54 | ||||||||
7,946 | Harris Corp | 401 | |||||||||
1,540 | e* | Harris Stratex Networks, Inc (Class A) | 15 | ||||||||
1,865 | e* | Helen of Troy Ltd | 30 | ||||||||
6,021 | e* | Hexcel Corp | 116 | ||||||||
1,175 | * | Hittite Microwave Corp | 42 | ||||||||
44,376 | Honeywell International, Inc | 2,231 | |||||||||
1,800 | e* | Hutchinson Technology, Inc | 24 | ||||||||
1,976 | e | Imation Corp | 45 | ||||||||
5,585 | e* | Infinera Corp | 49 | ||||||||
10,231 | * | Integrated Device Technology, Inc | 102 | ||||||||
342,831 | Intel Corp | 7,364 | |||||||||
2,862 | e* | InterDigital, Inc | 70 | ||||||||
4,573 | * | International Rectifier Corp | 88 | ||||||||
7,468 | Intersil Corp (Class A) | 182 | |||||||||
2,296 | * | InterVoice, Inc | 13 | ||||||||
1,143 | e* | IPG Photonics Corp | 21 | ||||||||
724 | e* | iRobot Corp | 10 | ||||||||
1,636 | * | IXYS Corp | 20 | ||||||||
4,077 | e* | Jarden Corp | 74 | ||||||||
13,081 | e* | JDS Uniphase Corp | 149 | ||||||||
6,007 | e* | Kemet Corp | 19 | ||||||||
7,345 | L-3 Communications Holdings, Inc | 667 | |||||||||
7,863 | e* | Lattice Semiconductor Corp | 25 | ||||||||
2,443 | Lincoln Electric Holdings, Inc | 192 | |||||||||
13,318 | Linear Technology Corp | 434 | |||||||||
1,534 | * | Littelfuse, Inc | 48 | ||||||||
732 | * | Loral Space & Communications, Inc | 13 | ||||||||
1,293 | LSI Industries, Inc | 10 | |||||||||
37,937 | e* | LSI Logic Corp | 233 | ||||||||
29,029 | * | Marvell Technology Group Ltd | 513 | ||||||||
3,108 | * | Mattson Technology, Inc | 15 | ||||||||
1,111 | * | Maxwell Technologies, Inc | 12 | ||||||||
1,334 | e* | Medis Technologies Ltd | 4 | ||||||||
13,527 | * | MEMC Electronic Materials, Inc | 832 | ||||||||
1,540 | * | Mercury Computer Systems, Inc | 12 | ||||||||
2,500 | Methode Electronics, Inc | 26 | |||||||||
2,455 | Micrel, Inc | 22 | |||||||||
11,047 | e | Microchip Technology, Inc | 337 | ||||||||
46,315 | * | Micron Technology, Inc | 278 |
19
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
4,543 | e* | Microsemi Corp | $ | 114 | |||||||
4,100 | * | Microtune, Inc | 14 | ||||||||
3,290 | * | Microvision, Inc | 9 | ||||||||
2,847 | * | MIPS Technologies, Inc | 11 | ||||||||
8,407 | e | Molex, Inc | 205 | ||||||||
1,571 | * | Monolithic Power Systems, Inc | 34 | ||||||||
2,537 | * | Moog, Inc (Class A) | 95 | ||||||||
134,951 | Motorola, Inc | 991 | |||||||||
7,339 | e* | MRV Communications, Inc | 9 | ||||||||
555 | e* | Multi-Fineline Electronix, Inc | 15 | ||||||||
300 | e | National Presto Industries, Inc | 19 | ||||||||
14,509 | National Semiconductor Corp | 298 | |||||||||
20,564 | * | NetApp, Inc | 445 | ||||||||
1,013 | e* | Netlogic Microsystems, Inc | 34 | ||||||||
5,818 | e* | Novellus Systems, Inc | 123 | ||||||||
265 | * | NVE Corp | 8 | ||||||||
33,105 | * | Nvidia Corp | 620 | ||||||||
3,460 | e* | Omnivision Technologies, Inc | 42 | ||||||||
23,155 | e* | ON Semiconductor Corp | 212 | ||||||||
1,210 | * | Oplink Communications, Inc | 12 | ||||||||
1,144 | e* | OpNext, Inc | 6 | ||||||||
869 | * | OSI Systems, Inc | 19 | ||||||||
1,250 | Park Electrochemical Corp | 30 | |||||||||
1,392 | * | Parkervision, Inc | 14 | ||||||||
1,447 | * | Pericom Semiconductor Corp | 22 | ||||||||
2,260 | * | Photronics, Inc | 16 | ||||||||
2,609 | Plantronics, Inc | 58 | |||||||||
2,538 | * | Plexus Corp | 70 | ||||||||
1,628 | e* | PLX Technology, Inc | 12 | ||||||||
13,218 | e* | PMC - Sierra, Inc | 101 | ||||||||
5,444 | * | Polycom, Inc | 133 | ||||||||
1,311 | e* | Polypore International, Inc | 33 | ||||||||
458 | * | Powell Industries, Inc | 23 | ||||||||
1,806 | * | Power Integrations, Inc | 57 | ||||||||
4,438 | e* | Power-One, Inc | 8 | ||||||||
7,309 | e* | Powerwave Technologies, Inc | 31 | ||||||||
7,796 | e* | QLogic Corp | 114 | ||||||||
96,874 | Qualcomm, Inc | 4,298 | |||||||||
4,326 | * | Quantum Fuel Systems Technologies Worldwide, Inc | 13 | ||||||||
8,217 | RadioShack Corp | 101 | |||||||||
1,147 | * | Radyne Corp | 13 | ||||||||
6,183 | e* | Rambus, Inc | 118 | ||||||||
1,083 | e | Raven Industries, Inc | 36 | ||||||||
1,983 | Regal-Beloit Corp | 84 | |||||||||
14,875 | e* | RF Micro Devices, Inc | 43 | ||||||||
1,100 | * | Rogers Corp | 41 | ||||||||
782 | * | Rubicon Technology, Inc | 16 | ||||||||
32,531 | * | Sanmina-SCI Corp | 42 | ||||||||
1,867 | e* | Seachange International, Inc | 13 | ||||||||
4,166 | * | Semtech Corp | 59 | ||||||||
2,605 | * | ShoreTel, Inc | 12 | ||||||||
5,145 | * | Silicon Image, Inc | 37 | ||||||||
2,921 | * | Silicon Laboratories, Inc | 105 | ||||||||
5,900 | * | Silicon Storage Technology, Inc | 16 | ||||||||
90,524 | e* | Sirius Satellite Radio, Inc | 174 | ||||||||
10,341 | e* | Skyworks Solutions, Inc | 102 | ||||||||
3,071 | e* | Smart Modular Technologies WWH, Inc | 12 | ||||||||
5,639 | e* | Spansion, Inc (Class A) | 13 | ||||||||
2,490 | e* | Spectrum Brands, Inc | 6 | ||||||||
1,279 | e* | Standard Microsystems Corp | 35 | ||||||||
1,793 | e* | Starent Networks Corp | 23 | ||||||||
898 | * | Stoneridge, Inc | 15 | ||||||||
2,414 | e* | Sunpower Corp (Class A) | 174 | ||||||||
745 | e* | Supertex, Inc | 17 |
20
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
12,134 | * | Sycamore Networks, Inc | $ | 39 | |||||||
2,907 | e* | Symmetricom, Inc | 11 | ||||||||
1,530 | e* | Synaptics, Inc | 58 | ||||||||
1,192 | * | Synthesis Energy Systems, Inc | 11 | ||||||||
2,804 | Technitrol, Inc | 48 | |||||||||
913 | e* | Techwell, Inc | 11 | ||||||||
3,400 | e* | Tekelec | 50 | ||||||||
2,403 | Teleflex, Inc | 134 | |||||||||
23,240 | e* | Tellabs, Inc | 108 | ||||||||
2,944 | * | Tessera Technologies, Inc | 48 | ||||||||
79,296 | Texas Instruments, Inc | 2,233 | |||||||||
3,556 | * | Thomas & Betts Corp | 135 | ||||||||
735 | * | Transmeta Corp | 10 | ||||||||
3,408 | * | Trident Microsystems, Inc | 12 | ||||||||
9,492 | * | Triquint Semiconductor, Inc | 58 | ||||||||
2,833 | * | TTM Technologies, Inc | 37 | ||||||||
28,609 | Tyco Electronics Ltd | 1,025 | |||||||||
1,167 | * | Ultra Clean Holdings | 9 | ||||||||
755 | * | Ultralife Corp | 8 | ||||||||
1,466 | e* | Universal Display Corp | 18 | ||||||||
1,000 | e* | Universal Electronics, Inc | 21 | ||||||||
3,575 | * | US Geothermal, Inc | 11 | ||||||||
7,742 | e* | Utstarcom, Inc | 42 | ||||||||
3,056 | * | Valence Technology, Inc | 14 | ||||||||
4,543 | * | Varian Semiconductor Equipment Associates, Inc | 158 | ||||||||
1,399 | * | Viasat, Inc | 28 | ||||||||
1,471 | e | Vicor Corp | 15 | ||||||||
10,877 | * | Vishay Intertechnology, Inc | 97 | ||||||||
1,011 | e* | Volterra Semiconductor Corp | 17 | ||||||||
4,543 | Whirlpool Corp | 280 | |||||||||
16,723 | Xilinx, Inc | 422 | |||||||||
1,635 | e* | Zoltek Cos, Inc | 40 | ||||||||
3,150 | * | Zoran Corp | 37 | ||||||||
TOTAL ELECTRONIC AND OTHER ELECTRIC EQUIPMENT | 55,221 | ||||||||||
ENGINEERING AND MANAGEMENT SERVICES - 1.10% | |||||||||||
1,230 | * | Advisory Board Co | 48 | ||||||||
6,059 | * | Aecom Technology Corp | 197 | ||||||||
609 | * | Affymax, Inc | 10 | ||||||||
8,040 | e* | Amylin Pharmaceuticals, Inc | 204 | ||||||||
4,841 | * | Applera Corp | 55 | ||||||||
4,682 | e* | Ariad Pharmaceuticals, Inc | 11 | ||||||||
900 | e | CDI Corp | 23 | ||||||||
26,088 | * | Celgene Corp | 1,666 | ||||||||
1,103 | * | China Architectural Engineering, Inc | 11 | ||||||||
1,080 | e* | comScore, Inc | 24 | ||||||||
758 | e* | Cornell Cos, Inc | 18 | ||||||||
2,117 | Corporate Executive Board Co | 89 | |||||||||
717 | e* | CRA International, Inc | 26 | ||||||||
3,622 | * | CV Therapeutics, Inc | 30 | ||||||||
3,370 | * | Dyax Corp | 10 | ||||||||
3,090 | * | eResearch Technology, Inc | 54 | ||||||||
5,381 | e* | Exelixis, Inc | 27 | ||||||||
1,100 | * | Exponent, Inc | 35 | ||||||||
5,276 | Fluor Corp | 982 | |||||||||
2,145 | * | Furmanite Corp | 17 | ||||||||
3,642 | * | Genpact Ltd | 54 | ||||||||
3,225 | * | Gen-Probe, Inc | 153 | ||||||||
1,326 | * | Greenfield Online, Inc | 20 | ||||||||
5,826 | * | Hewitt Associates, Inc (Class A) | 223 | ||||||||
1,422 | * | Hill International, Inc | 23 | ||||||||
1,113 | e* | Huron Consulting Group, Inc | 50 | ||||||||
4,807 | e* | Incyte Corp | 37 | ||||||||
5,385 | e* | Isis Pharmaceuticals, Inc | 73 | ||||||||
7,281 | * | Jacobs Engineering Group, Inc | 588 |
21
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
10,330 | KBR, Inc | $ | 361 | ||||||||
798 | * | Kendle International, Inc | 29 | ||||||||
584 | e | Landauer, Inc | 33 | ||||||||
1,549 | * | LECG Corp | 14 | ||||||||
5,020 | * | Lexicon Pharmaceuticals, Inc | 8 | ||||||||
1,864 | e* | Luminex Corp | 38 | ||||||||
1,221 | MAXIMUS, Inc | 43 | |||||||||
2,143 | e* | Maxygen, Inc | 7 | ||||||||
13,624 | * | McDermott International, Inc | 843 | ||||||||
445 | * | Michael Baker Corp | 10 | ||||||||
11,799 | e | Moody’s Corp | 406 | ||||||||
2,554 | e* | Myriad Genetics, Inc | 116 | ||||||||
2,873 | * | Navigant Consulting, Inc | 56 | ||||||||
1,729 | * | Omnicell, Inc | 23 | ||||||||
19,118 | Paychex, Inc | 598 | |||||||||
1,234 | * | PharmaNet Development Group, Inc | 19 | ||||||||
906 | * | PRG-Schultz International, Inc | 9 | ||||||||
9,156 | e | Quest Diagnostics, Inc | 444 | ||||||||
3,876 | * | Regeneron Pharmaceuticals, Inc | 56 | ||||||||
8,827 | e* | Rentech, Inc | 17 | ||||||||
1,803 | * | Repligen Corp | 9 | ||||||||
3,058 | Resources Connection, Inc | 62 | |||||||||
2,187 | e* | Rigel Pharmaceuticals, Inc | 50 | ||||||||
3,216 | * | RTI Biologics, Inc | 28 | ||||||||
10,338 | e* | SAIC, Inc | 215 | ||||||||
2,157 | * | Sangamo Biosciences, Inc | 21 | ||||||||
3,562 | e* | Savient Pharmaceuticals, Inc | 90 | ||||||||
3,653 | e* | Seattle Genetics, Inc | 31 | ||||||||
2,710 | * | Sequenom, Inc | 43 | ||||||||
4,929 | * | Shaw Group, Inc | 305 | ||||||||
507 | * | Stanley, Inc | 17 | ||||||||
1,956 | e* | Symyx Technologies, Inc | 14 | ||||||||
692 | e* | Tejon Ranch Co | 25 | ||||||||
3,591 | e* | Tetra Tech, Inc | 81 | ||||||||
4,873 | * | URS Corp | 204 | ||||||||
2,654 | Watson Wyatt & Co Holdings (Class A) | 140 | |||||||||
TOTAL ENGINEERING AND MANAGEMENT SERVICES | 9,223 | ||||||||||
FABRICATED METAL PRODUCTS - 0.56% | |||||||||||
1,788 | e* | Alliant Techsystems, Inc | 182 | ||||||||
532 | e | Ameron International Corp | 64 | ||||||||
4,075 | Aptargroup, Inc | 171 | |||||||||
5,844 | Ball Corp | 279 | |||||||||
1,700 | * | Chart Industries, Inc | 83 | ||||||||
1,064 | e | CIRCOR International, Inc | 52 | ||||||||
6,833 | Commercial Metals Co | 258 | |||||||||
1,343 | * | Commercial Vehicle Group, Inc | 12 | ||||||||
3,158 | Crane Co | 122 | |||||||||
9,561 | * | Crown Holdings, Inc | 248 | ||||||||
757 | e | Dynamic Materials Corp | 25 | ||||||||
1,746 | e* | Griffon Corp | 15 | ||||||||
727 | Gulf Island Fabrication, Inc | 36 | |||||||||
27,651 | Illinois Tool Works, Inc | 1,314 | |||||||||
916 | Insteel Industries, Inc | 17 | |||||||||
904 | * | Ladish Co, Inc | 19 | ||||||||
2,280 | e* | Mobile Mini, Inc | 46 | ||||||||
6,723 | e | Mueller Water Products, Inc (Class A) | 54 | ||||||||
1,321 | e* | NCI Building Systems, Inc | 48 | ||||||||
10,036 | Parker Hannifin Corp | 716 | |||||||||
509 | * | Park-Ohio Holdings Corp | 7 | ||||||||
6,093 | e | Pentair, Inc | 213 | ||||||||
2,169 | Quanex Building Products Corp | 32 | |||||||||
1,422 | Silgan Holdings, Inc | 72 | |||||||||
2,152 | e | Simpson Manufacturing Co, Inc | 51 | ||||||||
1,859 | e* | Smith & Wesson Holding Corp | 10 |
22
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
3,446 | Snap-On, Inc | $ | 179 | ||||||||
4,479 | Stanley Works | 201 | |||||||||
685 | e | Sun Hydraulics Corp | 22 | ||||||||
3,948 | e* | Taser International, Inc | 20 | ||||||||
809 | * | Trimas Corp | 5 | ||||||||
1,173 | e | Valmont Industries, Inc | 122 | ||||||||
1,666 | e | Watts Water Technologies, Inc (Class A) | 41 | ||||||||
TOTAL FABRICATED METAL PRODUCTS | 4,736 | ||||||||||
FOOD AND KINDRED PRODUCTS - 3.62% | |||||||||||
1,200 | * | AgFeed Industries, Inc | 18 | ||||||||
42,778 | Anheuser-Busch Cos, Inc | 2,657 | |||||||||
38,714 | Archer Daniels Midland Co | 1,307 | |||||||||
1,189 | B&G Foods, Inc (Class A) | 11 | |||||||||
700 | e* | Boston Beer Co, Inc (Class A) | 28 | ||||||||
7,250 | Bunge Ltd | 781 | |||||||||
13,051 | Campbell Soup Co | 437 | |||||||||
263 | e | Coca-Cola Bottling Co Consolidated | 10 | ||||||||
139,019 | Coca-Cola Co | 7,226 | |||||||||
18,511 | Coca-Cola Enterprises, Inc | 320 | |||||||||
29,200 | ConAgra Foods, Inc | 563 | |||||||||
11,059 | * | Constellation Brands, Inc (Class A) | 220 | ||||||||
4,559 | Corn Products International, Inc | 224 | |||||||||
4,436 | * | Darling International, Inc | 73 | ||||||||
11,854 | Del Monte Foods Co | 84 | |||||||||
958 | Diamond Foods, Inc | 22 | |||||||||
14,869 | * | Dr Pepper Snapple Group, Inc | 312 | ||||||||
629 | e | Farmer Bros Co | 13 | ||||||||
4,771 | Flowers Foods, Inc | 135 | |||||||||
19,729 | General Mills, Inc | 1,199 | |||||||||
18,867 | H.J. Heinz Co | 903 | |||||||||
4,344 | e* | Hansen Natural Corp | 125 | ||||||||
9,196 | e | Hershey Co | 301 | ||||||||
4,077 | Hormel Foods Corp | 141 | |||||||||
740 | e | Imperial Sugar Co | 12 | ||||||||
800 | J&J Snack Foods Corp | 22 | |||||||||
3,519 | J.M. Smucker Co | 143 | |||||||||
14,537 | Kellogg Co | 698 | |||||||||
90,735 | Kraft Foods, Inc (Class A) | 2,581 | |||||||||
975 | e | Lancaster Colony Corp | 30 | ||||||||
1,746 | e | Lance, Inc | 33 | ||||||||
686 | e* | M&F Worldwide Corp | 27 | ||||||||
6,725 | McCormick & Co, Inc | 240 | |||||||||
6,910 | Molson Coors Brewing Co (Class B) | 375 | |||||||||
621 | National Beverage Corp | 5 | |||||||||
1,110 | * | Omega Protein Corp | 17 | ||||||||
919 | e* | Peet’s Coffee & Tea, Inc | 18 | ||||||||
680 | Penford Corp | 10 | |||||||||
8,468 | Pepsi Bottling Group, Inc | 236 | |||||||||
3,834 | PepsiAmericas, Inc | 76 | |||||||||
94,931 | PepsiCo, Inc | 6,037 | |||||||||
1,622 | e* | Ralcorp Holdings, Inc | 80 | ||||||||
1,066 | e | Reddy Ice Holdings, Inc | 15 | ||||||||
10,079 | e | Reynolds American, Inc | 470 | ||||||||
1,203 | e | Sanderson Farms, Inc | 42 | ||||||||
42,253 | Sara Lee Corp | 518 | |||||||||
3,778 | * | Smart Balance, Inc | 27 | ||||||||
6,686 | e* | Smithfield Foods, Inc | 133 | ||||||||
1,888 | e | Tootsie Roll Industries, Inc | 47 | ||||||||
2,025 | * | TreeHouse Foods, Inc | 49 | ||||||||
16,487 | Tyson Foods, Inc (Class A) | 246 | |||||||||
14,249 | Wrigley (Wm.) Jr Co | 1,108 | |||||||||
TOTAL FOOD AND KINDRED PRODUCTS | 30,405 | ||||||||||
23
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
FOOD STORES - 0.34% | |||||||||||
97 | e | Arden Group, Inc (Class A) | $ | 12 | |||||||
2,122 | * | Great Atlantic & Pacific Tea Co, Inc | 49 | ||||||||
700 | e | Ingles Markets, Inc (Class A) | 16 | ||||||||
39,540 | Kroger Co | 1,142 | |||||||||
1,733 | e* | Panera Bread Co (Class A) | 80 | ||||||||
1,414 | e* | Pantry, Inc | 15 | ||||||||
2,557 | Ruddick Corp | 88 | |||||||||
26,305 | Safeway, Inc | 751 | |||||||||
12,857 | * | Supervalu, Inc | 397 | ||||||||
212 | Village Super Market (Class A) | 8 | |||||||||
611 | Weis Markets, Inc | 20 | |||||||||
8,399 | e | Whole Foods Market, Inc | 199 | ||||||||
3,211 | * | Winn-Dixie Stores, Inc | 51 | ||||||||
TOTAL FOOD STORES | 2,828 | ||||||||||
FORESTRY - 0.10% | |||||||||||
4,673 | Rayonier, Inc | 198 | |||||||||
12,650 | Weyerhaeuser Co | 647 | |||||||||
TOTAL FORESTRY | 845 | ||||||||||
FURNITURE AND FIXTURES - 0.24% | |||||||||||
1,625 | e | Ethan Allen Interiors, Inc | 40 | ||||||||
2,907 | e | Furniture Brands International, Inc | 39 | ||||||||
3,277 | e | Herman Miller, Inc | 81 | ||||||||
3,482 | e | Hill-Rom Holdings, Inc | 94 | ||||||||
2,905 | HNI Corp | 51 | |||||||||
680 | e | Hooker Furniture Corp | 12 | ||||||||
3,257 | Interface, Inc (Class A) | 41 | |||||||||
35,619 | Johnson Controls, Inc | 1,021 | |||||||||
1,737 | Kimball International, Inc (Class B) | 14 | |||||||||
3,352 | e | La-Z-Boy, Inc | 26 | ||||||||
9,964 | e | Leggett & Platt, Inc | 167 | ||||||||
21,660 | Masco Corp | 341 | |||||||||
2,732 | e | Sealy Corp | 16 | ||||||||
4,232 | e | Tempur-Pedic International, Inc | 33 | ||||||||
TOTAL FURNITURE AND FIXTURES | 1,976 | ||||||||||
FURNITURE AND HOME FURNISHINGS STORES - 0.15% | |||||||||||
15,493 | e* | Bed Bath & Beyond, Inc | 435 | ||||||||
10,474 | e | Circuit City Stores, Inc | 30 | ||||||||
9,625 | * | GameStop Corp (Class A) | 389 | ||||||||
1,232 | e | Haverty Furniture Cos, Inc | 12 | ||||||||
750 | * | hhgregg, Inc | 8 | ||||||||
2,965 | Knoll, Inc | 36 | |||||||||
3,326 | e* | Mohawk Industries, Inc | 213 | ||||||||
6,020 | e* | Pier 1 Imports, Inc | 21 | ||||||||
3,734 | e | Steelcase, Inc (Class A) | 38 | ||||||||
1,789 | Tuesday Morning Corp | 7 | |||||||||
5,558 | e | Williams-Sonoma, Inc | 110 | ||||||||
TOTAL FURNITURE AND HOME FURNISHINGS STORES | 1,299 | ||||||||||
GENERAL BUILDING CONTRACTORS - 0.19% | |||||||||||
115 | e | Amrep Corp | 6 | ||||||||
310 | e* | Avatar Holdings, Inc | 9 | ||||||||
2,556 | e | Beazer Homes USA, Inc | 14 | ||||||||
485 | e | Brookfield Homes Corp | 6 | ||||||||
379 | * | Cavco Industries, Inc | 12 | ||||||||
7,355 | e | Centex Corp | 98 | ||||||||
19,198 | e | DR Horton, Inc | 208 | ||||||||
2,297 | e* | Hovnanian Enterprises, Inc (Class A) | 13 | ||||||||
4,706 | e | KB Home | 80 | ||||||||
8,304 | e | Lennar Corp (Class A) | 102 |
24
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
862 | e | M/I Homes, Inc | $ | 14 | |||||||
1,316 | e | McGrath RentCorp | 32 | ||||||||
2,061 | e | MDC Holdings, Inc | 81 | ||||||||
1,472 | e* | Meritage Homes Corp | 22 | ||||||||
239 | e* | NVR, Inc | 120 | ||||||||
1,250 | e* | Palm Harbor Homes, Inc | 7 | ||||||||
1,625 | e* | Perini Corp | 54 | ||||||||
13,220 | e | Pulte Homes, Inc | 127 | ||||||||
2,630 | e | Ryland Group, Inc | 57 | ||||||||
4,272 | e | Standard-Pacific Corp | 14 | ||||||||
1,110 | e* | Team, Inc | 38 | ||||||||
7,726 | e* | Toll Brothers, Inc | 145 | ||||||||
3,122 | Walter Industries, Inc | 340 | |||||||||
TOTAL GENERAL BUILDING CONTRACTORS | 1,599 | ||||||||||
GENERAL MERCHANDISE STORES - 1.67% | |||||||||||
2,874 | e* | 99 Cents Only Stores | 19 | ||||||||
4,889 | e* | Big Lots, Inc | 153 | ||||||||
3,414 | * | BJ’s Wholesale Club, Inc | 132 | ||||||||
3,355 | Casey’s General Stores, Inc | 78 | |||||||||
481 | e* | Conn’s, Inc | 8 | ||||||||
25,929 | Costco Wholesale Corp | 1,819 | |||||||||
3,877 | e | Dillard’s, Inc (Class A) | 45 | ||||||||
8,128 | Family Dollar Stores, Inc | 162 | |||||||||
2,720 | e | Fred’s, Inc | 30 | ||||||||
13,005 | JC Penney Co, Inc | 472 | |||||||||
25,210 | Macy’s, Inc | 490 | |||||||||
1,292 | e* | Retail Ventures, Inc | 6 | ||||||||
8,388 | e* | Saks, Inc | 92 | ||||||||
1,757 | e | Stein Mart, Inc | 8 | ||||||||
47,203 | Target Corp | 2,194 | |||||||||
25,430 | TJX Cos, Inc | 800 | |||||||||
134,289 | Wal-Mart Stores, Inc | 7,547 | |||||||||
TOTAL GENERAL MERCHANDISE STORES | 14,055 | ||||||||||
HEALTH SERVICES - 1.17% | |||||||||||
839 | * | Alliance Imaging, Inc | 7 | ||||||||
380 | * | Almost Family, Inc | 10 | ||||||||
1,533 | e* | Amedisys, Inc | 77 | ||||||||
9,640 | AmerisourceBergen Corp | 386 | |||||||||
1,984 | * | Amsurg Corp | 48 | ||||||||
2,667 | * | Apria Healthcare Group, Inc | 52 | ||||||||
3,714 | * | Assisted Living Concepts, Inc (A Shares) | 20 | ||||||||
535 | e* | Bio-Reference Labs, Inc | 12 | ||||||||
2,436 | e | Brookdale Senior Living, Inc | 50 | ||||||||
16,816 | Cigna Corp | 595 | |||||||||
5,854 | * | Community Health Systems, Inc | 193 | ||||||||
750 | * | Corvel Corp | 25 | ||||||||
3,663 | * | Covance, Inc | 315 | ||||||||
9,077 | * | Coventry Health Care, Inc | 276 | ||||||||
2,321 | e* | Cross Country Healthcare, Inc | 34 | ||||||||
1,413 | e* | CryoLife, Inc | 16 | ||||||||
6,269 | * | DaVita, Inc | 333 | ||||||||
3,284 | * | Edwards Lifesciences Corp | 204 | ||||||||
1,474 | e* | eHealth, Inc | 26 | ||||||||
1,185 | e* | Emeritus Corp | 17 | ||||||||
1,864 | * | Enzo Biochem, Inc | 21 | ||||||||
12,681 | * | Express Scripts, Inc | 795 | ||||||||
1,875 | * | Five Star Quality Care, Inc | 9 | ||||||||
810 | e* | Genomic Health, Inc | 16 | ||||||||
499 | * | Genoptix, Inc | 16 | ||||||||
1,497 | e* | Gentiva Health Services, Inc | 29 |
25
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
14,183 | e* | Health Management Associates, Inc (Class A) | $ | 92 | |||||||
4,400 | * | Healthsouth Corp | 73 | ||||||||
2,237 | e* | Healthways, Inc | 66 | ||||||||
3,543 | e* | Immunomedics, Inc | 8 | ||||||||
1,779 | * | Kindred Healthcare, Inc | 51 | ||||||||
6,595 | * | Laboratory Corp of America Holdings | 459 | ||||||||
735 | * | LHC Group, Inc | 17 | ||||||||
529 | * | Life Sciences Research, Inc | 15 | ||||||||
3,256 | e* | LifePoint Hospitals, Inc | 92 | ||||||||
4,205 | * | Lincare Holdings, Inc | 119 | ||||||||
2,396 | * | Magellan Health Services, Inc | 89 | ||||||||
16,473 | McKesson Corp | 921 | |||||||||
955 | * | Medcath Corp | 17 | ||||||||
30,325 | * | Medco Health Solutions, Inc | 1,431 | ||||||||
506 | e | National Healthcare Corp | 23 | ||||||||
5,807 | e* | Nektar Therapeutics | 20 | ||||||||
1,311 | e* | Nighthawk Radiology Holdings, Inc | 9 | ||||||||
2,544 | * | Odyssey HealthCare, Inc | 25 | ||||||||
6,371 | e | Omnicare, Inc | 167 | ||||||||
2,831 | * | Pediatrix Medical Group, Inc | 139 | ||||||||
6,389 | Pharmaceutical Product Development, Inc | 274 | |||||||||
3,409 | e* | Psychiatric Solutions, Inc | 129 | ||||||||
1,200 | * | RehabCare Group, Inc | 19 | ||||||||
1,374 | e* | Skilled Healthcare Group, Inc (Class A) | 19 | ||||||||
939 | e* | Stereotaxis, Inc | 5 | ||||||||
2,651 | * | Sun Healthcare Group, Inc | 36 | ||||||||
2,773 | e* | Sunrise Senior Living, Inc | 62 | ||||||||
30,068 | e* | Tenet Healthcare Corp | 167 | ||||||||
2,659 | Universal Health Services, Inc (Class B) | 168 | |||||||||
701 | * | US Physical Therapy, Inc | 12 | ||||||||
31,485 | * | WellPoint, Inc | 1,501 | ||||||||
TOTAL HEALTH SERVICES | 9,807 | ||||||||||
HEAVY CONSTRUCTION, EXCEPT BUILDING - 0.09% | |||||||||||
1,314 | e* | Comverge, Inc | 18 | ||||||||
8,622 | * | Foster Wheeler Ltd | 631 | ||||||||
2,028 | e | Granite Construction, Inc | 64 | ||||||||
2,403 | Great Lakes Dredge & Dock Corp | 15 | |||||||||
1,545 | * | Matrix Service Co | 36 | ||||||||
1,298 | * | Orion Marine Group, Inc | 18 | ||||||||
701 | * | Sterling Construction Co, Inc | 14 | ||||||||
TOTAL HEAVY CONSTRUCTION, EXCEPT BUILDING | 796 | ||||||||||
HOLDING AND OTHER INVESTMENT OFFICES - 2.47% | |||||||||||
2,039 | e | Acadia Realty Trust | 47 | ||||||||
2,448 | * | Affiliated Managers Group, Inc | 220 | ||||||||
505 | Agree Realty Corp | 11 | |||||||||
123 | e* | Alexander’s, Inc | 38 | ||||||||
1,923 | Alexandria Real Estate Equities, Inc | 187 | |||||||||
9,073 | e | Allied Capital Corp | 126 | ||||||||
5,664 | AMB Property Corp | 285 | |||||||||
1,967 | * | American Apparel, Inc | 13 | ||||||||
2,384 | e | American Campus Communities, Inc | 66 | ||||||||
580 | American Capital Agency Corp | 10 | |||||||||
31,591 | Annaly Mortgage Management, Inc | 490 | |||||||||
3,218 | e | Anthracite Capital, Inc | 23 | ||||||||
4,874 | Anworth Mortgage Asset Corp | 32 | |||||||||
5,498 | e | Apartment Investment & Management Co (Class A) | 187 | ||||||||
8,509 | e | Apollo Investment Corp | 122 | ||||||||
850 | e | Arbor Realty Trust, Inc | 8 | ||||||||
6,591 | e | Ashford Hospitality Trust, Inc | 30 | ||||||||
936 | Associated Estates Realty Corp | 10 | |||||||||
4,610 | e | AvalonBay Communities, Inc | 411 | ||||||||
4,502 | e | BioMed Realty Trust, Inc | 110 | ||||||||
6,864 | e | Boston Properties, Inc | 619 |
26
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
5,335 | Brandywine Realty Trust | $ | 84 | ||||||||
2,874 | e | BRE Properties, Inc (Class A) | 124 | ||||||||
3,175 | e | Camden Property Trust | 141 | ||||||||
2,642 | e | Capital Lease Funding, Inc | 20 | ||||||||
190 | e | Capital Southwest Corp | 20 | ||||||||
800 | e | Capital Trust, Inc (Class A) | 15 | ||||||||
3,196 | Capstead Mortgage Corp | 35 | |||||||||
806 | Care Investment Trust, Inc | 8 | |||||||||
3,981 | e | CBL & Associates Properties, Inc | 91 | ||||||||
2,712 | Cedar Shopping Centers, Inc | 32 | |||||||||
442 | e | Cherokee, Inc | 9 | ||||||||
2,945 | e | Colonial Properties Trust | 59 | ||||||||
2,299 | e | Corporate Office Properties Trust | 79 | ||||||||
2,443 | Cousins Properties, Inc | 56 | |||||||||
1,102 | Danvers Bancorp, Inc | 12 | |||||||||
10,500 | e | DCT Industrial Trust, Inc | 87 | ||||||||
7,395 | Developers Diversified Realty Corp | 257 | |||||||||
5,943 | DiamondRock Hospitality Co | 65 | |||||||||
3,961 | e | Digital Realty Trust, Inc | 162 | ||||||||
7,265 | Douglas Emmett, Inc | 160 | |||||||||
8,949 | Duke Realty Corp | 201 | |||||||||
1,377 | EastGroup Properties, Inc | 59 | |||||||||
1,200 | Education Realty Trust, Inc | 14 | |||||||||
1,723 | e | Entertainment Properties Trust | 85 | ||||||||
1,227 | e | Equity Lifestyle Properties, Inc | 54 | ||||||||
2,074 | e | Equity One, Inc | 43 | ||||||||
16,363 | Equity Residential | 626 | |||||||||
1,493 | e | Essex Property Trust, Inc | 159 | ||||||||
4,748 | e | Extra Space Storage, Inc | 73 | ||||||||
3,517 | Federal Realty Investment Trust | 243 | |||||||||
3,926 | FelCor Lodging Trust, Inc | 41 | |||||||||
2,899 | e | First Industrial Realty Trust, Inc | 80 | ||||||||
1,470 | e | First Potomac Realty Trust | 22 | ||||||||
3,189 | e | Franklin Street Properties Corp | 40 | ||||||||
9,089 | e | Friedman Billings Ramsey Group, Inc (Class A) | 14 | ||||||||
13,319 | e | General Growth Properties, Inc | 467 | ||||||||
1,193 | e | Getty Realty Corp | 17 | ||||||||
1,256 | e | Gladstone Capital Corp | 19 | ||||||||
1,326 | Gladstone Investment Corp | 9 | |||||||||
2,171 | e | Glimcher Realty Trust | 24 | ||||||||
2,128 | Gramercy Capital Corp | 25 | |||||||||
1,395 | * | Harris & Harris Group, Inc | 8 | ||||||||
692 | Hatteras Financial Corp | 16 | |||||||||
14,057 | e | HCP, Inc | 447 | ||||||||
5,255 | Health Care REIT, Inc | 234 | |||||||||
3,212 | Healthcare Realty Trust, Inc | 76 | |||||||||
2,467 | Hersha Hospitality Trust | 19 | |||||||||
3,247 | Highwoods Properties, Inc | 102 | |||||||||
2,378 | e* | Hilltop Holdings, Inc | 25 | ||||||||
1,915 | Home Properties, Inc | 92 | |||||||||
5,735 | Hospitality Properties Trust | 140 | |||||||||
31,262 | Host Marriott Corp | 427 | |||||||||
13,475 | HRPT Properties Trust | 91 | |||||||||
3,013 | e | Inland Real Estate Corp | 43 | ||||||||
3,315 | Investors Real Estate Trust | 32 | |||||||||
43,852 | e | iShares Russell 3000 Index Fund | 3,284 | ||||||||
7,812 | e | iStar Financial, Inc | 103 | ||||||||
1,655 | e | JER Investors Trust, Inc | 10 | ||||||||
2,062 | e | Kilroy Realty Corp | 97 | ||||||||
13,130 | e | Kimco Realty Corp | 453 | ||||||||
1,900 | Kite Realty Group Trust | 24 | |||||||||
2,579 | e | LaSalle Hotel Properties | 65 | ||||||||
4,101 | e | Lexington Corporate Properties Trust | 56 | ||||||||
5,546 | e | Liberty Property Trust | 184 |
27
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,314 | LTC Properties, Inc | $ | 34 | ||||||||
4,379 | Macerich Co | 272 | |||||||||
3,822 | Mack-Cali Realty Corp | 131 | |||||||||
2,313 | e | Maguire Properties, Inc | 28 | ||||||||
3,989 | e | Medical Properties Trust, Inc | 40 | ||||||||
2,802 | * | Meruelo Maddux Properties, Inc | 6 | ||||||||
9,085 | MFA Mortgage Investments, Inc | 59 | |||||||||
1,526 | Mid-America Apartment Communities, Inc | 78 | |||||||||
1,230 | e | Mission West Properties, Inc | 13 | ||||||||
1,507 | MVC Capital, Inc | 21 | |||||||||
1,400 | National Health Investors, Inc | 40 | |||||||||
4,344 | National Retail Properties, Inc | 91 | |||||||||
5,757 | Nationwide Health Properties, Inc | 181 | |||||||||
2,523 | e | Newcastle Investment Corp | 18 | ||||||||
3,513 | e | NorthStar Realty Finance Corp | 29 | ||||||||
4,121 | Omega Healthcare Investors, Inc | 69 | |||||||||
946 | Parkway Properties, Inc | 32 | |||||||||
1,209 | e | PennantPark Investment Corp | 9 | ||||||||
1,975 | e | Pennsylvania Real Estate Investment Trust | 46 | ||||||||
10,243 | e | Plum Creek Timber Co, Inc | 437 | ||||||||
2,677 | e | Post Properties, Inc | 80 | ||||||||
2,494 | Potlatch Corp | 113 | |||||||||
15,609 | Prologis | 848 | |||||||||
1,216 | e | Prospect Capital Corp | 16 | ||||||||
1,073 | PS Business Parks, Inc | 55 | |||||||||
7,576 | Public Storage, Inc | 612 | |||||||||
3,865 | e | RAIT Investment Trust | 29 | ||||||||
992 | Ramco-Gershenson Properties | 20 | |||||||||
6,195 | e | Realty Income Corp | 141 | ||||||||
1,965 | e | Redwood Trust, Inc | 45 | ||||||||
4,304 | Regency Centers Corp | 254 | |||||||||
1,355 | e | Resource Capital Corp | 10 | ||||||||
700 | Saul Centers, Inc | 33 | |||||||||
5,554 | e | Senior Housing Properties Trust | 108 | ||||||||
13,356 | Simon Property Group, Inc | 1,201 | |||||||||
3,495 | SL Green Realty Corp | 289 | |||||||||
1,302 | Sovran Self Storage, Inc | 54 | |||||||||
4,727 | e | Strategic Hotels & Resorts, Inc | 44 | ||||||||
1,069 | e | Sun Communities, Inc | 19 | ||||||||
3,711 | Sunstone Hotel Investors, Inc | 62 | |||||||||
1,844 | e | Tanger Factory Outlet Centers, Inc | 66 | ||||||||
3,299 | e | Taubman Centers, Inc | 160 | ||||||||
7,650 | e | UDR, Inc | 171 | ||||||||
1,095 | e | Universal Health Realty Income Trust | 33 | ||||||||
1,407 | e | Urstadt Biddle Properties, Inc (Class A) | 21 | ||||||||
3,042 | e | U-Store-It Trust | 36 | ||||||||
8,032 | Ventas, Inc | 342 | |||||||||
17,912 | Virgin Media, Inc | 244 | |||||||||
8,053 | Vornado Realty Trust | 709 | |||||||||
3,890 | WABCO Holdings, Inc | 181 | |||||||||
2,850 | e | Washington Real Estate Investment Trust | 86 | ||||||||
4,713 | e | Weingarten Realty Investors | 143 | ||||||||
3,480 | Winthrop Realty Trust | 12 | |||||||||
TOTAL HOLDING AND OTHER INVESTMENT OFFICES | 20,775 | ||||||||||
HOTELS AND OTHER LODGING PLACES - 0.28% | |||||||||||
1,418 | e | Ameristar Casinos, Inc | 20 | ||||||||
1,131 | e* | Bluegreen Corp | 7 | ||||||||
2,948 | e | Boyd Gaming Corp | 37 | ||||||||
2,103 | e | Choice Hotels International, Inc | 56 | ||||||||
2,696 | e* | Gaylord Entertainment Co | 65 | ||||||||
1,718 | e* | Great Wolf Resorts, Inc | 7 | ||||||||
1,142 | e* | Isle of Capri Casinos, Inc | 5 | ||||||||
6,384 | e* | Las Vegas Sands Corp | 303 | ||||||||
920 | * | Lodgian, Inc | 7 |
28
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
1,242 | Marcus Corp | $ | 19 | ||||||||
17,698 | Marriott International, Inc (Class A) | 464 | |||||||||
7,333 | e* | MGM Mirage | 248 | ||||||||
604 | e* | Monarch Casino & Resort, Inc | 7 | ||||||||
1,158 | e* | Morgans Hotel Group Co | 12 | ||||||||
2,588 | e | Orient-Express Hotels Ltd (Class A) | 112 | ||||||||
566 | e* | Riviera Holdings Corp | 6 | ||||||||
11,255 | Starwood Hotels & Resorts Worldwide, Inc | 451 | |||||||||
1,755 | e* | Vail Resorts, Inc | 75 | ||||||||
10,591 | Wyndham Worldwide Corp | 190 | |||||||||
3,685 | e | Wynn Resorts Ltd | 300 | ||||||||
TOTAL HOTELS AND OTHER LODGING PLACES | 2,391 | ||||||||||
INDUSTRIAL MACHINERY AND EQUIPMENT - 6.87% | |||||||||||
1,591 | * | 3PAR, Inc | 12 | ||||||||
1,014 | e | Aaon, Inc | 20 | ||||||||
3,594 | e | Actuant Corp (Class A) | 113 | ||||||||
5,607 | * | AGCO Corp | 294 | ||||||||
374 | Alamo Group, Inc | 8 | |||||||||
1,703 | e | Albany International Corp (Class A) | 49 | ||||||||
1,534 | * | Allis-Chalmers Energy, Inc | 27 | ||||||||
1,557 | * | Altra Holdings, Inc | 26 | ||||||||
475 | Ampco-Pittsburgh Corp | 21 | |||||||||
80,994 | Applied Materials, Inc | 1,546 | |||||||||
1,200 | e* | Astec Industries, Inc | 39 | ||||||||
3,264 | e* | Asyst Technologies, Inc | 12 | ||||||||
1,475 | * | AuthenTec, Inc | 15 | ||||||||
7,081 | * | Axcelis Technologies, Inc | 35 | ||||||||
3,639 | e | Black & Decker Corp | 209 | ||||||||
981 | Black Box Corp | 27 | |||||||||
2,004 | * | Blount International, Inc | 23 | ||||||||
525 | * | Bolt Technology Corp | 12 | ||||||||
3,023 | e | Briggs & Stratton Corp | 38 | ||||||||
22,509 | * | Brocade Communications Systems, Inc | 185 | ||||||||
4,418 | * | Brooks Automation, Inc | 37 | ||||||||
4,588 | Bucyrus International, Inc (Class A) | 335 | |||||||||
3,800 | e | Carlisle Cos, Inc | 110 | ||||||||
674 | e | Cascade Corp | 29 | ||||||||
36,811 | Caterpillar, Inc | 2,717 | |||||||||
5,277 | e* | Cirrus Logic, Inc | 29 | ||||||||
1,273 | * | Colfax Corp | 32 | ||||||||
1,162 | * | Columbus McKinnon Corp | 28 | ||||||||
1,943 | * | Cray, Inc | 9 | ||||||||
12,159 | Cummins, Inc | 797 | |||||||||
2,836 | Curtiss-Wright Corp | 127 | |||||||||
1,601 | e* | Cymer, Inc | 43 | ||||||||
25,796 | Deere & Co | 1,861 | |||||||||
108,867 | * | Dell, Inc | 2,382 | ||||||||
4,008 | Diebold, Inc | 143 | |||||||||
4,685 | Donaldson Co, Inc | 209 | |||||||||
11,333 | Dover Corp | 548 | |||||||||
5,247 | * | Dresser-Rand Group, Inc | 205 | ||||||||
1,850 | * | Dril-Quip, Inc | 117 | ||||||||
3,700 | * | Electronics for Imaging, Inc | 54 | ||||||||
123,723 | * | EMC Corp | 1,817 | ||||||||
5,455 | * | Emulex Corp | 64 | ||||||||
2,145 | * | Ener1, Inc | 16 | ||||||||
1,595 | e* | ENGlobal Corp | 23 | ||||||||
1,375 | e* | EnPro Industries, Inc | 51 | ||||||||
6,075 | * | Entegris, Inc | 40 | ||||||||
7,347 | e* | Extreme Networks, Inc | 21 | ||||||||
1,124 | e* | Flotek Industries, Inc | 23 | ||||||||
2,307 | e* | Flow International Corp | 18 | ||||||||
3,416 | Flowserve Corp | 467 | |||||||||
7,710 | * | FMC Technologies, Inc | 593 |
29
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | |||||||||
1,063 | e* | Fuel Tech, Inc | $ | 19 | ||||||||
3,135 | * | Gardner Denver, Inc | 178 | |||||||||
673 | e* | Gehl Co | 10 | |||||||||
596,550 | General Electric Co | 15,922 | ||||||||||
1,051 | e | Gorman-Rupp Co | 42 | |||||||||
3,828 | e | Graco, Inc | 146 | |||||||||
302 | Graham Corp | 22 | ||||||||||
147,429 | Hewlett-Packard Co | 6,518 | ||||||||||
334 | e* | Hurco Cos, Inc | 10 | |||||||||
5,144 | IDEX Corp | 189 | ||||||||||
1,615 | e* | Immersion Corp | 11 | |||||||||
18,748 | Ingersoll-Rand Co Ltd (Class A) | 702 | ||||||||||
3,395 | e* | Intermec, Inc | 72 | |||||||||
82,019 | International Business Machines Corp | 9,722 | ||||||||||
18,524 | International Game Technology | 463 | ||||||||||
1,163 | * | Intevac, Inc | 13 | |||||||||
10,871 | ITT Industries, Inc | 688 | ||||||||||
12,353 | Jabil Circuit, Inc | 203 | ||||||||||
6,491 | Joy Global, Inc | 492 | ||||||||||
993 | * | Kadant, Inc | 22 | |||||||||
1,655 | e | Kaydon Corp | 85 | |||||||||
4,804 | Kennametal, Inc | 156 | ||||||||||
338 | * | Key Technology, Inc | 11 | |||||||||
3,600 | e* | Kulicke & Soffa Industries, Inc | 26 | |||||||||
7,466 | * | Lam Research Corp | 270 | |||||||||
2,798 | Lennox International, Inc | 81 | ||||||||||
5,795 | * | Lexmark International, Inc (Class A) | 194 | |||||||||
700 | e | Lindsay Manufacturing Co | 59 | |||||||||
949 | Lufkin Industries, Inc | 79 | ||||||||||
7,596 | Manitowoc Co, Inc | 247 | ||||||||||
901 | Met-Pro Corp | 12 | ||||||||||
5,098 | * | Micros Systems, Inc | 155 | |||||||||
860 | e* | Middleby Corp | 38 | |||||||||
2,342 | e | Modine Manufacturing Co | 29 | |||||||||
381 | Nacco Industries, Inc (Class A) | 28 | ||||||||||
1,196 | e* | NATCO Group, Inc (Class A) | 65 | |||||||||
714 | * | Natural Gas Services Group, Inc | 22 | |||||||||
2,372 | * | Netezza Corp | 27 | |||||||||
2,164 | * | Netgear, Inc | 30 | |||||||||
939 | NN, Inc | 13 | ||||||||||
2,012 | Nordson Corp | 147 | ||||||||||
2,961 | * | Oil States International, Inc | 188 | |||||||||
7,346 | Pall Corp | 291 | ||||||||||
6,172 | e | Palm, Inc | 33 | |||||||||
381 | * | Peerless Manufacturing Co | 18 | |||||||||
12,525 | e* | Quantum Corp | 17 | |||||||||
1,782 | * | Rackable Systems, Inc | 24 | |||||||||
1,335 | * | RBC Bearings, Inc | 44 | |||||||||
630 | e* | Rimage Corp | 8 | |||||||||
3,346 | e* | Riverbed Technology, Inc | 46 | |||||||||
1,676 | Robbins & Myers, Inc | 84 | ||||||||||
8,779 | Rockwell Automation, Inc | 384 | ||||||||||
7,798 | e* | Safeguard Scientifics, Inc | 10 | |||||||||
13,457 | * | SanDisk Corp | 252 | |||||||||
744 | e | Sauer-Danfoss, Inc | 23 | |||||||||
1,742 | e* | Scansource, Inc | 47 | |||||||||
3,970 | e* | Scientific Games Corp (Class A) | 118 | |||||||||
16,448 | m,v* | Seagate Technology | — | ^ | ||||||||
29,023 | Seagate Technology, Inc | 555 | ||||||||||
1,100 | e* | Semitool, Inc | 8 | |||||||||
1,525 | e* | Sigma Designs, Inc | 21 | |||||||||
3,183 | SPX Corp | 419 | ||||||||||
800 | Standex International Corp | 17 | ||||||||||
1,945 | e* | STEC, Inc | 20 | |||||||||
1,355 | * | Super Micro Computer, Inc | 10 |
30
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
746 | * | T-3 Energy Services, Inc | $ | 59 | |||||||
1,000 | * | Tecumseh Products Co (Class A) | 33 | ||||||||
1,200 | e | Tennant Co | 36 | ||||||||
11,006 | * | Teradata Corp | 255 | ||||||||
6,000 | * | Terex Corp | 308 | ||||||||
819 | * | Thermadyne Holdings Corp | 12 | ||||||||
4,954 | Timken Co | 163 | |||||||||
2,458 | e | Toro Co | 82 | ||||||||
881 | e* | TurboChef Technologies, Inc | 4 | ||||||||
562 | e | Twin Disc, Inc | 12 | ||||||||
1,608 | * | Ultratech, Inc | 25 | ||||||||
7,525 | * | Varian Medical Systems, Inc | 390 | ||||||||
3,790 | e* | VeriFone Holdings, Inc | 45 | ||||||||
1,482 | e | Watsco, Inc | 62 | ||||||||
13,173 | * | Western Digital Corp | 455 | ||||||||
3,508 | Woodward Governor Co | 125 | |||||||||
3,893 | * | Zebra Technologies Corp (Class A) | 127 | ||||||||
TOTAL INDUSTRIAL MACHINERY AND EQUIPMENT | 57,704 | ||||||||||
INSTRUMENTS AND RELATED PRODUCTS - 5.01% | |||||||||||
1,214 | e* | Abaxis, Inc | 29 | ||||||||
1,811 | e* | Abiomed, Inc | 32 | ||||||||
2,205 | e* | Accuray, Inc | 16 | ||||||||
3,633 | e* | Advanced Medical Optics, Inc | 68 | ||||||||
4,200 | * | Affymetrix, Inc | 43 | ||||||||
21,855 | * | Agilent Technologies, Inc | 777 | ||||||||
3,618 | e* | Align Technology, Inc | 38 | ||||||||
18,254 | Allergan, Inc | 950 | |||||||||
4,631 | e* | American Medical Systems Holdings, Inc | 69 | ||||||||
543 | e | American Science & Engineering, Inc | 28 | ||||||||
928 | Analogic Corp | 59 | |||||||||
1,600 | * | Anaren, Inc | 17 | ||||||||
1,310 | * | Angiodynamics, Inc | 18 | ||||||||
10,226 | Applied Biosystems, Inc | 342 | |||||||||
600 | e* | Argon ST, Inc | 15 | ||||||||
1,690 | e* | �� | Arthrocare Corp | 69 | |||||||
86 | Atrion Corp | 8 | |||||||||
520 | * | Axsys Technologies, Inc | 27 | ||||||||
742 | e | Badger Meter, Inc | 37 | ||||||||
6,033 | Bard (C.R.), Inc | 531 | |||||||||
37,544 | Baxter International, Inc | 2,401 | |||||||||
3,852 | Beckman Coulter, Inc | 260 | |||||||||
14,682 | Becton Dickinson & Co | 1,194 | |||||||||
1,200 | * | Bio-Rad Laboratories, Inc (Class A) | 97 | ||||||||
89,582 | * | Boston Scientific Corp | 1,101 | ||||||||
3,369 | * | Bruker BioSciences Corp | 43 | ||||||||
711 | e* | Cantel Medical Corp | 7 | ||||||||
1,175 | * | Cardiac Science Corp | 10 | ||||||||
3,392 | e* | Cepheid, Inc | 95 | ||||||||
1,426 | * | Coherent, Inc | 43 | ||||||||
1,500 | e | Cohu, Inc | 22 | ||||||||
1,940 | * | Conmed Corp | 52 | ||||||||
2,715 | e | Cooper Cos, Inc | 101 | ||||||||
29,737 | Covidien Ltd | 1,424 | |||||||||
1,543 | e* | Cyberonics, Inc | 33 | ||||||||
475 | e* | Cynosure, Inc (Class A) | 9 | ||||||||
15,041 | Danaher Corp | 1,163 | |||||||||
800 | Datascope Corp | 38 | |||||||||
8,898 | Dentsply International, Inc | 327 | |||||||||
2,984 | * | Depomed, Inc | 10 | ||||||||
1,556 | * | DexCom, Inc | 9 | ||||||||
1,228 | * | Dionex Corp | 82 | ||||||||
2,562 | e | DRS Technologies, Inc | 202 | ||||||||
215 | * | DXP Enterprises, Inc | 9 | ||||||||
462 | * | Eagle Test Systems, Inc | 5 |
31
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
17,610 | e | Eastman Kodak Co | $ | 254 | |||||||
46,731 | Emerson Electric Co | 2,311 | |||||||||
1,718 | e* | ESCO Technologies, Inc | 81 | ||||||||
1,694 | * | Esterline Technologies Corp | 83 | ||||||||
4,213 | e* | ev3, Inc | 40 | ||||||||
408 | * | Exactech, Inc | 10 | ||||||||
833 | * | Excel Technology, Inc | 19 | ||||||||
910 | e* | FARO Technologies, Inc | 23 | ||||||||
2,156 | e* | FEI Co | 49 | ||||||||
8,364 | e* | Flir Systems, Inc | 339 | ||||||||
2,946 | e* | Formfactor, Inc | 54 | ||||||||
2,463 | e* | Fossil, Inc | 72 | ||||||||
7,668 | e | Garmin Ltd | 328 | ||||||||
1,543 | * | Haemonetics Corp | 86 | ||||||||
1,363 | * | Hanger Orthopedic Group, Inc | 22 | ||||||||
807 | * | Herley Industries, Inc | 11 | ||||||||
3,482 | Hillenbrand, Inc | 75 | |||||||||
15,329 | e* | Hologic, Inc | 334 | ||||||||
919 | * | ICU Medical, Inc | 21 | ||||||||
1,260 | e* | I-Flow Corp | 13 | ||||||||
1,400 | e* | II-VI, Inc | 49 | ||||||||
3,393 | e* | Illumina, Inc | 296 | ||||||||
1,078 | * | Insulet Corp | 17 | ||||||||
1,332 | e* | Integra LifeSciences Holdings Corp | 59 | ||||||||
2,315 | * | Intuitive Surgical, Inc | 624 | ||||||||
2,044 | e | Invacare Corp | 42 | ||||||||
5,039 | e* | ION Geophysical Corp | 88 | ||||||||
1,079 | * | IRIS International, Inc | 17 | ||||||||
2,039 | e* | Itron, Inc | 201 | ||||||||
2,194 | * | Ixia | 15 | ||||||||
168,664 | Johnson & Johnson | 10,852 | |||||||||
520 | e* | Kensey Nash Corp | 17 | ||||||||
10,175 | Kla-Tencor Corp | 414 | |||||||||
4,206 | * | Kopin Corp | 12 | ||||||||
142 | * | K-Tron International, Inc | 18 | ||||||||
3,660 | e* | L-1 Identity Solutions, Inc | 49 | ||||||||
725 | * | LaBarge, Inc | 9 | ||||||||
4,233 | e* | LTX Corp | 9 | ||||||||
1,014 | * | Lydall, Inc | 13 | ||||||||
2,750 | e* | Masimo Corp | 94 | ||||||||
742 | * | Measurement Specialties, Inc | 13 | ||||||||
873 | * | Medical Action Industries, Inc | 9 | ||||||||
67,209 | Medtronic, Inc | 3,478 | |||||||||
1,802 | e | Mentor Corp | 50 | ||||||||
1,469 | * | Merit Medical Systems, Inc | 22 | ||||||||
2,006 | * | Mettler-Toledo International, Inc | 190 | ||||||||
935 | e* | Micrus Endovascular Corp | 13 | ||||||||
3,307 | * | Millipore Corp | 224 | ||||||||
1,789 | e | Mine Safety Appliances Co | 72 | ||||||||
3,076 | * | MKS Instruments, Inc | 67 | ||||||||
1,178 | Movado Group, Inc | 23 | |||||||||
1,408 | MTS Systems Corp | 51 | |||||||||
3,475 | National Instruments Corp | 99 | |||||||||
1,662 | * | Natus Medical, Inc | 35 | ||||||||
876 | * | Neogen Corp | 20 | ||||||||
2,159 | * | Newport Corp | 25 | ||||||||
2,136 | * | NuVasive, Inc | 95 | ||||||||
794 | e* | NxStage Medical, Inc | 3 | ||||||||
1,010 | e* | Orthofix International NV | 29 | ||||||||
246 | e* | OYO Geospace Corp | 14 | ||||||||
1,140 | e* | Palomar Medical Technologies, Inc | 11 | ||||||||
7,339 | PerkinElmer, Inc | 204 | |||||||||
1,029 | * | Photon Dynamics Inc | 16 | ||||||||
12,419 | Pitney Bowes, Inc | 423 | |||||||||
4,869 | e* | Resmed, Inc | 174 |
32
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
9,613 | Rockwell Collins, Inc | $ | 461 | ||||||||
1,906 | * | Rofin-Sinar Technologies, Inc | 58 | ||||||||
5,330 | Roper Industries, Inc | 351 | |||||||||
1,464 | * | Rudolph Technologies, Inc | 11 | ||||||||
3,325 | e* | Sirf Technology Holdings, Inc | 14 | ||||||||
1,080 | e* | Sirona Dental Systems, Inc | 28 | ||||||||
748 | * | Somanetics Corp | 16 | ||||||||
1,305 | e* | Sonic Solutions, Inc | 8 | ||||||||
957 | * | SonoSite, Inc | 27 | ||||||||
1,958 | * | Spectranetics Corp | 19 | ||||||||
20,194 | * | St. Jude Medical, Inc | 826 | ||||||||
3,576 | STERIS Corp | 103 | |||||||||
18,375 | Stryker Corp | 1,155 | |||||||||
2,227 | * | Symmetry Medical, Inc | 36 | ||||||||
768 | * | Synovis Life Technologies, Inc | 14 | ||||||||
2,400 | * | Techne Corp | 186 | ||||||||
2,183 | * | Teledyne Technologies, Inc | 107 | ||||||||
9,702 | * | Teradyne, Inc | 107 | ||||||||
25,140 | * | Thermo Electron Corp | 1,401 | ||||||||
3,422 | e* | Thoratec Corp | 60 | ||||||||
755 | * | Trans1, Inc | 11 | ||||||||
7,398 | e* | Trimble Navigation Ltd | 264 | ||||||||
1,810 | * | Varian, Inc | 92 | ||||||||
1,820 | e* | Veeco Instruments, Inc | 29 | ||||||||
828 | e* | Vital Images, Inc | 10 | ||||||||
666 | Vital Signs, Inc | 38 | |||||||||
3,486 | e* | Vivus, Inc | 23 | ||||||||
768 | * | Vnus Medical Technologies, Inc | 15 | ||||||||
2,847 | * | Volcano Corp | 35 | ||||||||
5,993 | * | Waters Corp | 387 | ||||||||
2,200 | * | Wright Medical Group, Inc | 63 | ||||||||
53,799 | Xerox Corp | 730 | |||||||||
13,854 | * | Zimmer Holdings, Inc | 943 | ||||||||
1,200 | * | Zoll Medical Corp | 40 | ||||||||
1,176 | * | Zygo Corp | 12 | ||||||||
TOTAL INSTRUMENTS AND RELATED PRODUCTS | 42,070 | ||||||||||
INSURANCE AGENTS, BROKERS AND SERVICE - 0.42% | |||||||||||
17,584 | AON Corp | 808 | |||||||||
6,834 | Brown & Brown, Inc | 119 | |||||||||
2,076 | e* | Crawford & Co (Class B) | 17 | ||||||||
5,300 | e | Gallagher (Arthur J.) & Co | 128 | ||||||||
18,832 | Hartford Financial Services Group, Inc | 1,216 | |||||||||
2,336 | Hilb Rogal & Hobbs Co | 101 | |||||||||
359 | Life Partners Holdings, Inc | 7 | |||||||||
30,607 | Marsh & McLennan Cos, Inc | 813 | |||||||||
2,320 | e | National Financial Partners Corp | 46 | ||||||||
1,515 | * | United America Indemnity Ltd (Class A) | 20 | ||||||||
530 | White Mountains Insurance Group Ltd | 227 | |||||||||
TOTAL INSURANCE AGENTS, BROKERS AND SERVICE | 3,502 | ||||||||||
INSURANCE CARRIERS - 3.55% | |||||||||||
19,593 | * | ACE Ltd | 1,079 | ||||||||
29,044 | Aetna, Inc | 1,177 | |||||||||
28,447 | Aflac, Inc | 1,786 | |||||||||
304 | e* | Alleghany Corp | 101 | ||||||||
2,914 | Allied World Assurance Holdings Ltd | 115 | |||||||||
32,958 | Allstate Corp | 1,503 | |||||||||
18,138 | e | Ambac Financial Group, Inc | 24 | ||||||||
3,620 | American Equity Investment Life Holding Co | 30 | |||||||||
4,699 | American Financial Group, Inc | 126 | |||||||||
138,834 | American International Group, Inc | 3,674 | |||||||||
915 | American National Insurance Co | 90 | |||||||||
478 | American Physicians Capital, Inc | 23 | |||||||||
622 | * | American Safety Insurance Holdings Ltd | 9 |
33
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
2,840 | * | AMERIGROUP Corp | $ | 59 | |||||||
1,131 | * | Amerisafe, Inc | 18 | ||||||||
1,541 | e | Amtrust Financial Services, Inc | 19 | ||||||||
2,880 | * | Arch Capital Group Ltd | 191 | ||||||||
1,848 | * | Argo Group International Holdings Ltd | 62 | ||||||||
5,006 | Aspen Insurance Holdings Ltd | 118 | |||||||||
7,072 | Assurant, Inc | 466 | |||||||||
3,652 | e | Assured Guaranty Ltd | 66 | ||||||||
8,895 | Axis Capital Holdings Ltd | 265 | |||||||||
625 | e | Baldwin & Lyons, Inc (Class B) | 11 | ||||||||
1,983 | Castlepoint Holdings Ltd | 18 | |||||||||
2,823 | * | Centene Corp | 47 | ||||||||
21,867 | Chubb Corp | 1,072 | |||||||||
8,734 | Cincinnati Financial Corp | 222 | |||||||||
2,162 | e* | Citizens, Inc | 13 | ||||||||
1,743 | CNA Financial Corp | 44 | |||||||||
1,100 | * | CNA Surety Corp | 14 | ||||||||
10,885 | * | Conseco, Inc | 108 | ||||||||
454 | e* | Darwin Professional Underwriters, Inc | 14 | ||||||||
2,592 | Delphi Financial Group, Inc (Class A) | 60 | |||||||||
850 | Donegal Group, Inc (Class A) | 13 | |||||||||
168 | e | EMC Insurance Group, Inc | 4 | ||||||||
2,968 | Employers Holdings, Inc | 61 | |||||||||
3,125 | e | Endurance Specialty Holdings Ltd | 96 | ||||||||
426 | e* | Enstar Group Ltd | 37 | ||||||||
1,911 | e | Erie Indemnity Co (Class A) | 88 | ||||||||
3,668 | Everest Re Group Ltd | 292 | |||||||||
881 | FBL Financial Group, Inc (Class A) | 18 | |||||||||
13,156 | e | Fidelity National Title Group, Inc (Class A) | 166 | ||||||||
1,175 | e* | First Acceptance Corp | 4 | ||||||||
5,326 | e | First American Corp | 141 | ||||||||
763 | e* | First Mercury Financial Corp | 13 | ||||||||
1,821 | Flagstone Reinsurance Holdings Ltd | 21 | |||||||||
558 | e* | Fpic Insurance Group, Inc | 25 | ||||||||
25,885 | Genworth Financial, Inc (Class A) | 461 | |||||||||
1,722 | e* | Greenlight Capital Re Ltd (Class A) | 39 | ||||||||
3,081 | Hanover Insurance Group, Inc | 131 | |||||||||
839 | e | Harleysville Group, Inc | 28 | ||||||||
7,008 | HCC Insurance Holdings, Inc | 148 | |||||||||
6,425 | * | Health Net, Inc | 155 | ||||||||
1,750 | * | HealthExtras, Inc | 53 | ||||||||
2,916 | * | Healthspring, Inc | 49 | ||||||||
2,970 | Horace Mann Educators Corp | 42 | |||||||||
10,277 | * | Humana, Inc | 409 | ||||||||
423 | e | Independence Holding Co | 4 | ||||||||
936 | Infinity Property & Casualty Corp | 39 | |||||||||
3,094 | IPC Holdings Ltd | 82 | |||||||||
314 | Kansas City Life Insurance Co | 13 | |||||||||
614 | e | LandAmerica Financial Group, Inc | 14 | ||||||||
10,630 | e | Leucadia National Corp | 499 | ||||||||
15,518 | Lincoln National Corp | 703 | |||||||||
18,789 | e | Loews Corp | 881 | ||||||||
2,909 | Maiden Holdings Ltd | 19 | |||||||||
608 | * | Markel Corp | 223 | ||||||||
3,703 | e | Max Re Capital Ltd | 79 | ||||||||
12,809 | e | MBIA, Inc | 56 | ||||||||
1,665 | Meadowbrook Insurance Group, Inc | 9 | |||||||||
1,267 | e | Mercury General Corp | 59 | ||||||||
27,045 | Metlife, Inc | 1,427 | |||||||||
7,457 | e | MGIC Investment Corp | 46 | ||||||||
720 | e* | Molina Healthcare, Inc | 18 | ||||||||
5,597 | e | Montpelier Re Holdings Ltd | 83 | ||||||||
224 | e | National Interstate Corp | 4 | ||||||||
154 | National Western Life Insurance Co (Class A) | 34 | |||||||||
2,762 | e | Nationwide Financial Services, Inc (Class A) | 133 |
34
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
838 | * | Navigators Group, Inc | $ | 45 | |||||||
376 | e | NYMAGIC, Inc | 7 | ||||||||
1,658 | e | Odyssey Re Holdings Corp | 59 | ||||||||
14,152 | Old Republic International Corp | 168 | |||||||||
1,314 | e | OneBeacon Insurance Group Ltd | 23 | ||||||||
3,254 | PartnerRe Ltd | 225 | |||||||||
3,636 | * | Philadelphia Consolidated Holding Co | 124 | ||||||||
7,094 | e | Phoenix Cos, Inc | 54 | ||||||||
2,759 | Platinum Underwriters Holdings Ltd | 90 | |||||||||
1,846 | * | PMA Capital Corp (Class A) | 17 | ||||||||
5,465 | e | PMI Group, Inc | 11 | ||||||||
1,393 | e | Presidential Life Corp | 21 | ||||||||
2,793 | e* | Primus Guaranty Ltd | 8 | ||||||||
15,488 | Principal Financial Group | 650 | |||||||||
2,003 | e* | ProAssurance Corp | 96 | ||||||||
799 | Procentury Corp | 13 | |||||||||
40,567 | Progressive Corp | 759 | |||||||||
4,294 | Protective Life Corp | 163 | |||||||||
25,970 | Prudential Financial, Inc | 1,551 | |||||||||
4,178 | Quanta Capital Holdings Ltd | 11 | |||||||||
5,032 | Radian Group, Inc | 7 | |||||||||
1,249 | * | RadNet, Inc | 8 | ||||||||
1,878 | Reinsurance Group Of America, Inc | 82 | |||||||||
3,866 | RenaissanceRe Holdings Ltd | 173 | |||||||||
1,157 | e | RLI Corp | 57 | ||||||||
5,194 | Safeco Corp | 349 | |||||||||
784 | Safety Insurance Group, Inc | 28 | |||||||||
528 | * | SCPIE Holdings Inc | 15 | ||||||||
999 | * | SeaBright Insurance Holdings, Inc | 14 | ||||||||
3,600 | Selective Insurance Group, Inc | 68 | |||||||||
2,873 | Stancorp Financial Group, Inc | 135 | |||||||||
913 | e | State Auto Financial Corp | 22 | ||||||||
1,214 | Stewart Information Services Corp | 24 | |||||||||
5,127 | Torchmark Corp | 301 | |||||||||
1,074 | e | Tower Group, Inc | 23 | ||||||||
1,735 | Transatlantic Holdings, Inc | 98 | |||||||||
36,200 | Travelers Cos, Inc | 1,571 | |||||||||
700 | e* | Triple-S Management Corp (Class B) | 11 | ||||||||
1,337 | United Fire & Casualty Co | 36 | |||||||||
73,532 | UnitedHealth Group, Inc | 1,930 | |||||||||
2,455 | e | Unitrin, Inc | 68 | ||||||||
2,474 | e* | Universal American Financial Corp | 25 | ||||||||
20,714 | UnumProvident Corp | 424 | |||||||||
3,501 | e | Validus Holdings Ltd | 74 | ||||||||
8,567 | W.R. Berkley Corp | 207 | |||||||||
2,485 | * | WellCare Health Plans, Inc | 90 | ||||||||
49 | Wesco Financial Corp | 19 | |||||||||
10,717 | XL Capital Ltd (Class A) | 220 | |||||||||
2,375 | Zenith National Insurance Corp | 84 | |||||||||
TOTAL INSURANCE CARRIERS | 29,801 | ||||||||||
JUSTICE, PUBLIC ORDER AND SAFETY - 0.01% | |||||||||||
3,103 | e* | Geo Group, Inc | 70 | ||||||||
TOTAL JUSTICE, PUBLIC ORDER AND SAFETY | 70 | ||||||||||
LEATHER AND LEATHER PRODUCTS - 0.10% | |||||||||||
20,443 | * | Coach, Inc | 590 | ||||||||
4,890 | e* | CROCS, Inc | 39 | ||||||||
1,569 | e* | Genesco, Inc | 48 | ||||||||
3,106 | e* | Iconix Brand Group, Inc | 38 | ||||||||
1,333 | * | Steven Madden Ltd | 25 | ||||||||
2,878 | e* | Timberland Co (Class A) | 47 | ||||||||
378 | e | Weyco Group, Inc | 10 | ||||||||
2,989 | e | Wolverine World Wide, Inc | 80 | ||||||||
TOTAL LEATHER AND LEATHER PRODUCTS | 877 | ||||||||||
35
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
LEGAL SERVICES - 0.03% | |||||||||||
3,007 | * | FTI Consulting, Inc | $ | 206 | |||||||
714 | e* | Pre-Paid Legal Services, Inc | 29 | ||||||||
TOTAL LEGAL SERVICES | 235 | ||||||||||
LOCAL AND INTERURBAN PASSENGER TRANSIT - 0.00%** | |||||||||||
564 | e* | Emergency Medical Services Corp (Class A) | 13 | ||||||||
TOTAL LOCAL AND INTERURBAN PASSENGER TRANSIT | 13 | ||||||||||
LUMBER AND WOOD PRODUCTS - 0.02% | |||||||||||
660 | e | American Woodmark Corp | 14 | ||||||||
4,900 | e* | Champion Enterprises, Inc | 29 | ||||||||
742 | e | Deltic Timber Corp | 40 | ||||||||
6,361 | e | Louisiana-Pacific Corp | 54 | ||||||||
442 | e | Skyline Corp | 10 | ||||||||
979 | e | Universal Forest Products, Inc | 29 | ||||||||
TOTAL LUMBER AND WOOD PRODUCTS | 176 | ||||||||||
METAL MINING - 0.72% | |||||||||||
2,642 | * | Allied Nevada Gold Corp | 15 | ||||||||
3,583 | e* | Apex Silver Mines Ltd | 18 | ||||||||
5,450 | Cleveland-Cliffs, Inc | 650 | |||||||||
33,024 | e* | Coeur d’Alene Mines Corp | 96 | ||||||||
2,756 | Foundation Coal Holdings, Inc | 244 | |||||||||
23,007 | Freeport-McMoRan Copper & Gold, Inc (Class B) | 2,696 | |||||||||
7,406 | e* | Hecla Mining Co | 69 | ||||||||
26,135 | Newmont Mining Corp | 1,363 | |||||||||
1,620 | e* | Patriot Coal Corp | 248 | ||||||||
3,261 | * | Rosetta Resources, Inc | 93 | ||||||||
1,762 | Royal Gold, Inc | 55 | |||||||||
1,718 | e* | ShengdaTech, Inc | 17 | ||||||||
4,398 | e | Southern Copper Corp | 469 | ||||||||
1,968 | e* | Stillwater Mining Co | 23 | ||||||||
2,888 | e* | Uranium Resources, Inc | 11 | ||||||||
TOTAL METAL MINING | 6,067 | ||||||||||
MISCELLANEOUS MANUFACTURING INDUSTRIES - 0.33% | |||||||||||
988 | e | Armstrong World Industries, Inc | 29 | ||||||||
1,544 | Blyth, Inc | 19 | |||||||||
4,329 | e | Callaway Golf Co | 51 | ||||||||
2,087 | e | Daktronics, Inc | 42 | ||||||||
8,981 | Fortune Brands, Inc | 560 | |||||||||
7,385 | Hasbro, Inc | 264 | |||||||||
2,063 | * | Intrepid Potash, Inc | 136 | ||||||||
1,657 | e* | Jakks Pacific, Inc | 36 | ||||||||
1,066 | e | Marine Products Corp | 7 | ||||||||
21,926 | Mattel, Inc | 375 | |||||||||
2,137 | e | Nautilus, Inc | 11 | ||||||||
1,217 | * | RC2 Corp | 23 | ||||||||
700 | * | Russ Berrie & Co, Inc | 6 | ||||||||
2,343 | e* | Shuffle Master, Inc | 11 | ||||||||
467 | e* | Steinway Musical Instruments, Inc | 12 | ||||||||
28,871 | Tyco International Ltd | 1,156 | |||||||||
TOTAL MISCELLANEOUS MANUFACTURING INDUSTRIES | 2,738 | ||||||||||
MISCELLANEOUS RETAIL - 1.28% | |||||||||||
1,264 | * | 1-800-FLOWERS.COM, Inc (Class A) | 8 | ||||||||
18,844 | * | Amazon.com, Inc | 1,382 | ||||||||
2,240 | e | Barnes & Noble, Inc | 56 | ||||||||
19,997 | e | Best Buy Co, Inc | 792 | ||||||||
1,412 | e | Big 5 Sporting Goods Corp | 11 | ||||||||
1,004 | e* | Blue Nile, Inc | 43 | ||||||||
3,769 | e | Borders Group, Inc | 22 | ||||||||
968 | e* | Build-A-Bear Workshop, Inc | 7 |
36
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
2,068 | e* | Cabela’s, Inc | $ | 23 | |||||||
1,865 | Cash America International, Inc | 58 | |||||||||
3,306 | e* | CKX, Inc | 29 | ||||||||
3,853 | e* | Coldwater Creek, Inc | 20 | ||||||||
85,648 | CVS Corp | 3,389 | |||||||||
4,676 | e* | Dick’s Sporting Goods, Inc | 83 | ||||||||
5,275 | * | Dollar Tree, Inc | 172 | ||||||||
5,097 | * | Drugstore.Com | 10 | ||||||||
2,322 | * | Ezcorp, Inc (Class A) | 30 | ||||||||
1,606 | * | GSI Commerce, Inc | 22 | ||||||||
2,334 | e* | Hibbett Sports, Inc | 49 | ||||||||
1,882 | e | Longs Drug Stores Corp | 79 | ||||||||
2,547 | MSC Industrial Direct Co (Class A) | 112 | |||||||||
2,071 | e | Nutri/System, Inc | 29 | ||||||||
15,426 | * | Office Depot, Inc | 169 | ||||||||
4,100 | e | OfficeMax, Inc | 57 | ||||||||
840 | e* | Overstock.com, Inc | 22 | ||||||||
648 | * | PC Mall, Inc | 9 | ||||||||
7,407 | Petsmart, Inc | 148 | |||||||||
2,296 | e* | Priceline.com, Inc | 265 | ||||||||
811 | Pricesmart, Inc | 16 | |||||||||
33,788 | e* | Rite Aid Corp | 54 | ||||||||
3,530 | e* | Sears Holdings Corp | 260 | ||||||||
895 | * | Shutterfly, Inc | 11 | ||||||||
1,250 | * | Stamps.com, Inc | 16 | ||||||||
42,031 | Staples, Inc | 998 | |||||||||
461 | e | Systemax, Inc | 8 | ||||||||
7,640 | Tiffany & Co | 311 | |||||||||
59,272 | Walgreen Co | 1,927 | |||||||||
1,783 | World Fuel Services Corp | 39 | |||||||||
2,323 | e* | Zale Corp | 44 | ||||||||
933 | e* | Zumiez, Inc | 15 | ||||||||
TOTAL MISCELLANEOUS RETAIL | 10,795 | ||||||||||
MOTION PICTURES - 0.94% | |||||||||||
2,454 | e* | Avid Technology, Inc | 42 | ||||||||
12,560 | e* | Blockbuster, Inc (Class A) | 31 | ||||||||
34,987 | CBS Corp (Class B) | 682 | |||||||||
1,605 | e | Cinemark Holdings, Inc | 21 | ||||||||
17,200 | * | Discovery Holding Co (Class A) | 378 | ||||||||
4,779 | * | DreamWorks Animation SKG, Inc (Class A) | 142 | ||||||||
1,016 | e* | Gaiam, Inc (Class A) | 14 | ||||||||
5,090 | e* | Macrovision Solutions Corp | 76 | ||||||||
2,600 | e | National CineMedia, Inc | 28 | ||||||||
137,770 | News Corp (Class A) | 2,072 | |||||||||
4,340 | e | Regal Entertainment Group (Class A) | 66 | ||||||||
212,607 | Time Warner, Inc | 3,146 | |||||||||
8,960 | e* | tw telecom inc | 144 | ||||||||
33,354 | * | Viacom, Inc (Class B) | 1,019 | ||||||||
TOTAL MOTION PICTURES | 7,861 | ||||||||||
NONDEPOSITORY INSTITUTIONS - 0.94% | |||||||||||
3,765 | e | Advance America Cash Advance Centers, Inc | 19 | ||||||||
2,254 | Advanta Corp (Class B) | 14 | |||||||||
12,151 | American Capital Ltd | 289 | |||||||||
60,246 | American Express Co | 2,269 | |||||||||
6,944 | e* | AmeriCredit Corp | 60 | ||||||||
5,815 | e | Ares Capital Corp | 59 | ||||||||
2,000 | e* | Boise, Inc | 8 | ||||||||
22,445 | e | Capital One Financial Corp | 853 | ||||||||
9,101 | e | CapitalSource, Inc | 101 | ||||||||
2,000 | e | Chimera Investment Corp | 18 | ||||||||
16,133 | e | CIT Group, Inc | 110 | ||||||||
1,233 | e* | CompuCredit Corp | 7 | ||||||||
34,953 | Countrywide Financial Corp | 149 | |||||||||
611 | e* | Credit Acceptance Corp | 16 | ||||||||
28,435 | Discover Financial Services | 374 |
37
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
966 | e* | Encore Capital Group, Inc | $ | 8 | |||||||
63,453 | * | Fannie Mae | 1,238 | ||||||||
591 | e | Federal Agricultural Mortgage Corp (Class C) | 15 | ||||||||
1,621 | e | Financial Federal Corp | 36 | ||||||||
1,630 | e* | First Cash Financial Services, Inc | 24 | ||||||||
3,742 | e | First Marblehead Corp | 10 | ||||||||
38,691 | Freddie Mac | 635 | |||||||||
3,300 | e | GLG Partners, Inc | 26 | ||||||||
2,159 | e* | Guaranty Financial Group, Inc | 12 | ||||||||
1,426 | e | Hercules Technology Growth Capital, Inc | 13 | ||||||||
1,051 | Kohlberg Capital Corp | 10 | |||||||||
3,668 | e | MCG Capital Corp | 15 | ||||||||
872 | Medallion Financial Corp | 8 | |||||||||
1,518 | e* | Mercadolibre, Inc | 52 | ||||||||
603 | * | Mitcham Industries, Inc | 10 | ||||||||
1,165 | e | Nelnet, Inc (Class A) | 13 | ||||||||
812 | e* | NewStar Financial, Inc | 5 | ||||||||
1,181 | e | NGP Capital Resources Co | 18 | ||||||||
2,600 | e* | Ocwen Financial Corp | 12 | ||||||||
1,115 | e | Patriot Capital Funding, Inc | 7 | ||||||||
3,083 | * | PHH Corp | 47 | ||||||||
28,169 | * | SLM Corp | 545 | ||||||||
258 | Student Loan Corp | 25 | |||||||||
14,852 | Textron, Inc | 712 | |||||||||
2,956 | e* | thinkorswim Group, Inc | 21 | ||||||||
240 | e | TICC Capital Corp | 1 | ||||||||
1,293 | e* | World Acceptance Corp | 43 | ||||||||
TOTAL NONDEPOSITORY INSTITUTIONS | 7,907 | ||||||||||
NONMETALLIC MINERALS, EXCEPT FUELS - 0.07% | |||||||||||
1,482 | e | AMCOL International Corp | 42 | ||||||||
1,945 | Compass Minerals International, Inc | 157 | |||||||||
2,908 | e* | General Moly, Inc | 23 | ||||||||
6,416 | e | Vulcan Materials Co | 383 | ||||||||
TOTAL NONMETALLIC MINERALS, EXCEPT FUELS | 605 | ||||||||||
OIL AND GAS EXTRACTION - 5.39% | |||||||||||
2,461 | * | Abraxas Petroleum Corp | 13 | ||||||||
27,885 | Anadarko Petroleum Corp | 2,087 | |||||||||
568 | e | APCO Argentina, Inc | 16 | ||||||||
546 | * | Approach Resources, Inc | 15 | ||||||||
2,099 | * | Arena Resources, Inc | 111 | ||||||||
2,141 | Atlas America, Inc | 96 | |||||||||
1,653 | * | ATP Oil & Gas Corp | 65 | ||||||||
1,663 | * | Atwood Oceanics, Inc | 207 | ||||||||
18,433 | Baker Hughes, Inc | 1,610 | |||||||||
2,507 | * | Basic Energy Services, Inc | 79 | ||||||||
2,505 | Berry Petroleum Co (Class A) | 148 | |||||||||
2,193 | * | Bill Barrett Corp | 130 | ||||||||
17,583 | BJ Services Co | 562 | |||||||||
2,240 | * | BMB Munai, Inc | 13 | ||||||||
905 | e* | Bois d’Arc Energy, Inc | 22 | ||||||||
2,914 | e* | Brigham Exploration Co | 46 | ||||||||
1,573 | e* | Bronco Drilling Co, Inc | 29 | ||||||||
2,632 | e* | Cal Dive International, Inc | 38 | ||||||||
1,319 | e* | Callon Petroleum Co | 36 | ||||||||
12,992 | * | Cameron International Corp | 719 | ||||||||
2,276 | * | Cano Petroleum, Inc | 18 | ||||||||
1,637 | * | Carrizo Oil & Gas, Inc | 111 | ||||||||
3,135 | e* | Cheniere Energy, Inc | 14 | ||||||||
32,342 | e | Chesapeake Energy Corp | 2,133 | ||||||||
4,959 | Cimarex Energy Co | 346 | |||||||||
326 | * | Clayton Williams Energy, Inc | 36 | ||||||||
1,794 | * | CNX Gas Corp | 75 | ||||||||
2,885 | e* | Complete Production Services, Inc | 105 |
38
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | |||||||||
2,751 | * | Comstock Resources, Inc | $ | 232 | ||||||||
2,981 | * | Concho Resources, Inc | 111 | |||||||||
811 | e* | Contango Oil & Gas Co | 75 | |||||||||
1,798 | e* | Continental Resources, Inc | 125 | |||||||||
474 | e* | Dawson Geophysical Co | 28 | |||||||||
4,024 | e* | Delta Petroleum Corp | 103 | |||||||||
14,734 | * | Denbury Resources, Inc | 538 | |||||||||
4,143 | Diamond Offshore Drilling, Inc | 576 | ||||||||||
488 | * | Double Eagle Petroleum Co | 9 | |||||||||
3,268 | * | Encore Acquisition Co | 246 | |||||||||
6,804 | * | Endeavour International Corp | 15 | |||||||||
2,129 | * | Energy Partners Ltd | 32 | |||||||||
4,218 | * | Energy XXI Bermuda Ltd | 29 | |||||||||
8,635 | ENSCO International, Inc | 697 | ||||||||||
7,828 | Equitable Resources, Inc | 541 | ||||||||||
4,468 | e* | EXCO Resources, Inc | 165 | |||||||||
3,923 | e* | Exterran Holdings, Inc | �� | 280 | ||||||||
5,265 | * | Forest Oil Corp | 392 | |||||||||
2,157 | e* | FX Energy, Inc | 11 | |||||||||
5,648 | * | Gasco Energy, Inc | 23 | |||||||||
1,949 | e* | GeoGlobal Resources, Inc | 4 | |||||||||
424 | * | Geokinetics, Inc | 8 | |||||||||
1,091 | * | Geomet, Inc | 10 | |||||||||
6,920 | * | Global Industries Ltd | 124 | |||||||||
875 | * | GMX Resources, Inc | 65 | |||||||||
1,200 | e* | Goodrich Petroleum Corp | 100 | |||||||||
11,559 | e* | Grey Wolf, Inc | 104 | |||||||||
1,573 | e* | Gulfport Energy Corp | 26 | |||||||||
52,210 | Halliburton Co | 2,771 | ||||||||||
2,496 | e* | Harvest Natural Resources, Inc | 28 | |||||||||
5,489 | e* | Helix Energy Solutions Group, Inc | 229 | |||||||||
6,324 | Helmerich & Payne, Inc | 455 | ||||||||||
5,316 | * | Hercules Offshore, Inc | 202 | |||||||||
597 | e | Kayne Anderson Energy Development Co | 14 | |||||||||
7,484 | * | Key Energy Services, Inc | 145 | |||||||||
5,069 | e* | Mariner Energy, Inc | 187 | |||||||||
3,025 | e* | McMoRan Exploration Co | 83 | |||||||||
6,041 | * | Meridian Resource Corp | 18 | |||||||||
16,719 | e* | Nabors Industries Ltd | 823 | |||||||||
24,808 | * | National Oilwell Varco, Inc | 2,201 | |||||||||
5,171 | e* | Newpark Resources, Inc | 41 | |||||||||
16,083 | Noble Corp | 1,045 | ||||||||||
1,187 | * | Northern Oil And Gas, Inc | 16 | |||||||||
3,300 | * | Oceaneering International, Inc | 254 | |||||||||
9,895 | e* | Oilsands Quest, Inc | 64 | |||||||||
447 | Panhandle Oil and Gas, Inc | 15 | ||||||||||
2,487 | * | Parallel Petroleum Corp | 50 | |||||||||
6,555 | e* | Parker Drilling Co | 66 | |||||||||
9,241 | e | Patterson-UTI Energy, Inc | 333 | |||||||||
2,491 | Penn Virginia Corp | 188 | ||||||||||
361 | m,v* | Petrocorp, Inc | — | ^ | ||||||||
13,052 | * | PetroHawk Energy Corp | 604 | |||||||||
1,000 | * | Petroleum Development Corp | 67 | |||||||||
2,768 | e* | Petroquest Energy, Inc | 74 | |||||||||
2,681 | * | Pioneer Drilling Co | 50 | |||||||||
7,158 | Pioneer Natural Resources Co | 560 | ||||||||||
6,453 | * | Plains Exploration & Production Co | 471 | |||||||||
10,147 | * | Pride International, Inc | 480 | |||||||||
1,170 | * | Quest Resource Corp | 13 | |||||||||
5,992 | e* | Quicksilver Resources, Inc | 232 | |||||||||
2,214 | * | RAM Energy Resources, Inc | 14 | |||||||||
9,241 | Range Resources Corp | 606 | ||||||||||
989 | * | Rex Energy Corp | 26 | |||||||||
6,543 | e | Rowan Cos, Inc | 306 | |||||||||
1,462 | e | RPC, Inc | 25 |
39
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
71,409 | Schlumberger Ltd | $ | 7,672 | ||||||||
1,221 | e* | SEACOR Holdings, Inc | 109 | ||||||||
11,998 | Smith International, Inc | 998 | |||||||||
20,708 | * | Southwestern Energy Co | 986 | ||||||||
3,800 | St. Mary Land & Exploration Co | 246 | |||||||||
1,752 | * | Stone Energy Corp | 115 | ||||||||
3,221 | e* | Sulphco, Inc | 7 | ||||||||
4,839 | * | Superior Energy Services | 267 | ||||||||
989 | e* | Superior Well Services, Inc | 31 | ||||||||
1,701 | * | Swift Energy Co | 112 | ||||||||
4,475 | * | Tetra Technologies, Inc | 106 | ||||||||
3,048 | e | Tidewater, Inc | 198 | ||||||||
942 | e* | Toreador Resources Corp | 8 | ||||||||
19,086 | Transocean, Inc | 2,909 | |||||||||
755 | e* | Trico Marine Services, Inc | 28 | ||||||||
1,391 | * | Tri-Valley Corp | 10 | ||||||||
1,841 | e* | TXCO Resources, Inc | 22 | ||||||||
500 | * | Union Drilling, Inc | 11 | ||||||||
2,793 | * | Unit Corp | 232 | ||||||||
3,680 | e* | Vaalco Energy, Inc | 31 | ||||||||
1,213 | * | Venoco, Inc | 28 | ||||||||
1,693 | e | W&T Offshore, Inc | 99 | ||||||||
3,436 | * | Warren Resources, Inc | 51 | ||||||||
40,668 | * | Weatherford International Ltd | 2,017 | ||||||||
1,851 | * | W-H Energy Services, Inc | 177 | ||||||||
2,534 | * | Whiting Petroleum Corp | 269 | ||||||||
2,395 | * | Willbros Group, Inc | 105 | ||||||||
30,568 | XTO Energy, Inc | 2,094 | |||||||||
TOTAL OIL AND GAS EXTRACTION | 45,243 | ||||||||||
PAPER AND ALLIED PRODUCTS - 0.42% | |||||||||||
2,993 | e | AbitibiBowater, Inc | 28 | ||||||||
5,948 | e | Bemis Co | 133 | ||||||||
2,317 | * | Buckeye Technologies, Inc | 20 | ||||||||
3,345 | e* | Cenveo, Inc | 33 | ||||||||
27,125 | * | Domtar Corporation | 148 | ||||||||
2,970 | Glatfelter | 40 | |||||||||
8,726 | e* | Graphic Packaging Holding Co | 18 | ||||||||
2,066 | Greif, Inc (Class A) | 132 | |||||||||
25,943 | International Paper Co | 604 | |||||||||
25,049 | Kimberly-Clark Corp | 1,497 | |||||||||
10,393 | e | MeadWestvaco Corp | 248 | ||||||||
1,971 | e* | Mercer International, Inc | 15 | ||||||||
1,075 | Neenah Paper, Inc | 18 | |||||||||
5,657 | Packaging Corp of America | 122 | |||||||||
2,293 | Rock-Tenn Co (Class A) | 69 | |||||||||
1,040 | Schweitzer-Mauduit International, Inc | 18 | |||||||||
15,753 | * | Smurfit-Stone Container Corp | 64 | ||||||||
6,153 | Sonoco Products Co | 190 | |||||||||
6,477 | e | Temple-Inland, Inc | 73 | ||||||||
3,174 | e | Wausau Paper Corp | 24 | ||||||||
TOTAL PAPER AND ALLIED PRODUCTS | 3,494 | ||||||||||
PERSONAL SERVICES - 0.14% | |||||||||||
439 | Angelica Corp | 9 | |||||||||
7,899 | Cintas Corp | 209 | |||||||||
1,994 | * | Coinstar, Inc | 65 | ||||||||
1,405 | G & K Services, Inc (Class A) | 43 | |||||||||
19,744 | H&R Block, Inc | 423 | |||||||||
2,055 | e | Jackson Hewitt Tax Service, Inc | 25 | ||||||||
2,615 | Regis Corp | 69 | |||||||||
5,024 | e* | Sally Beauty Holdings, Inc | 32 | ||||||||
16,197 | Service Corp International | 160 | |||||||||
1,036 | * | Steiner Leisure Ltd | 29 | ||||||||
864 | Unifirst Corp | 39 |
40
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
2,092 | e | Weight Watchers International, Inc | $ | 75 | |||||||
TOTAL PERSONAL SERVICES | 1,178 | ||||||||||
PETROLEUM AND COAL PRODUCTS - 8.48% | |||||||||||
783 | e | Alon USA Energy, Inc | 9 | ||||||||
2,205 | * | American Oil & Gas, Inc | 9 | ||||||||
19,869 | Apache Corp | 2,762 | |||||||||
3,437 | Ashland, Inc | 166 | |||||||||
5,926 | Cabot Oil & Gas Corp | 401 | |||||||||
123,790 | Chevron Corp | 12,271 | |||||||||
92,319 | ConocoPhillips | 8,714 | |||||||||
1,100 | * | CVR Energy, Inc | 21 | ||||||||
683 | e | Delek US Holdings, Inc | 6 | ||||||||
26,723 | Devon Energy Corp | 3,211 | |||||||||
14,859 | EOG Resources, Inc | 1,950 | |||||||||
316,225 | Exxon Mobil Corp | 27,869 | |||||||||
5,933 | Frontier Oil Corp | 142 | |||||||||
5,681 | * | Gran Tierra Energy, Inc | 45 | ||||||||
2,769 | e* | Headwaters, Inc | 33 | ||||||||
16,834 | Hess Corp | 2,124 | |||||||||
2,601 | Holly Corp | 96 | |||||||||
42,367 | Marathon Oil Corp | 2,198 | |||||||||
11,367 | Murphy Oil Corp | 1,115 | |||||||||
7,953 | * | Newfield Exploration Co | 519 | ||||||||
10,271 | Noble Energy, Inc | 1,033 | |||||||||
49,123 | Occidental Petroleum Corp | 4,414 | |||||||||
610 | Quaker Chemical Corp | 16 | |||||||||
5,518 | e* | SandRidge Energy, Inc | 356 | ||||||||
7,003 | e | Sunoco, Inc | 285 | ||||||||
8,359 | e | Tesoro Corp | 165 | ||||||||
31,630 | Valero Energy Corp | 1,303 | |||||||||
1,100 | e | WD-40 Co | 32 | ||||||||
1,509 | e | Western Refining, Inc | 18 | ||||||||
TOTAL PETROLEUM AND COAL PRODUCTS | 71,283 | ||||||||||
PIPELINES, EXCEPT NATURAL GAS - 0.13% | |||||||||||
37,733 | Spectra Energy Corp | 1,084 | |||||||||
TOTAL PIPELINES, EXCEPT NATURAL GAS | 1,084 | ||||||||||
PRIMARY METAL INDUSTRIES - 1.25% | |||||||||||
6,705 | AK Steel Holding Corp | 463 | |||||||||
48,775 | Alcoa, Inc | 1,737 | |||||||||
6,046 | e | Allegheny Technologies, Inc | 358 | ||||||||
2,599 | e | Belden CDT, Inc | 88 | ||||||||
1,200 | e* | Brush Engineered Materials, Inc | 29 | ||||||||
2,912 | Carpenter Technology Corp | 127 | |||||||||
1,754 | e* | Century Aluminum Co | 117 | ||||||||
528 | e* | Coleman Cable, Inc | 5 | ||||||||
4,100 | e* | CommScope, Inc | 216 | ||||||||
94,260 | Corning, Inc | 2,173 | |||||||||
1,511 | e | Encore Wire Corp | 32 | ||||||||
942 | e* | Esmark, Inc | 18 | ||||||||
849 | * | Fushi Copperweld, Inc | 20 | ||||||||
3,250 | * | General Cable Corp | 198 | ||||||||
636 | * | General Steel Holdings, Inc | 10 | ||||||||
1,633 | e | Gibraltar Industries, Inc | 26 | ||||||||
718 | e* | Haynes International, Inc | 41 | ||||||||
2,056 | * | Horsehead Holding Corp | 25 | ||||||||
3,360 | Hubbell, Inc (Class B) | 134 | |||||||||
659 | e* | LB Foster Co (Class A) | 22 | ||||||||
1,977 | Matthews International Corp (Class A) | 90 | |||||||||
1,459 | * | Metalico, Inc | 26 | ||||||||
2,431 | Mueller Industries, Inc | 78 | |||||||||
538 | e* | Northwest Pipe Co | 30 | ||||||||
18,859 | Nucor Corp | 1,408 |
41
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
529 | e | Olympic Steel, Inc | $ | 40 | |||||||
8,241 | Precision Castparts Corp | 794 | |||||||||
1,496 | e* | RTI International Metals, Inc | 53 | ||||||||
1,362 | e | Schnitzer Steel Industries, Inc (Class A) | 156 | ||||||||
10,047 | Steel Dynamics, Inc | 393 | |||||||||
1,141 | * | Superior Essex, Inc | 51 | ||||||||
1,393 | e | Texas Industries, Inc | 78 | ||||||||
5,118 | e | Titanium Metals Corp | 72 | ||||||||
1,864 | Tredegar Corp | 27 | |||||||||
7,034 | United States Steel Corp | 1,300 | |||||||||
400 | e* | Universal Stainless & Alloy | 15 | ||||||||
3,836 | e | Worthington Industries, Inc | 79 | ||||||||
TOTAL PRIMARY METAL INDUSTRIES | 10,529 | ||||||||||
PRINTING AND PUBLISHING - 0.37% | |||||||||||
2,726 | * | ACCO Brands Corp | 31 | ||||||||
1,036 | AH Belo Corp (Class A) | 6 | |||||||||
3,245 | e | American Greetings Corp (Class A) | 40 | ||||||||
5,182 | Belo (A.H.) Corp (Class A) | 38 | |||||||||
2,400 | Bowne & Co, Inc | 31 | |||||||||
594 | * | Consolidated Graphics, Inc | 29 | ||||||||
594 | e | Courier Corp | 12 | ||||||||
269 | e | CSS Industries, Inc | 6 | ||||||||
1,291 | e* | Dolan Media Co | 23 | ||||||||
3,340 | Dun & Bradstreet Corp | 293 | |||||||||
1,693 | Ennis, Inc | 26 | |||||||||
5,407 | e* | EW Scripps Co (Class A) | 225 | ||||||||
13,654 | e | Gannett Co, Inc | 296 | ||||||||
821 | e | GateHouse Media, Inc | 2 | ||||||||
2,799 | e | Harte-Hanks, Inc | 32 | ||||||||
2,635 | John Wiley & Sons, Inc (Class A) | 119 | |||||||||
2,807 | e | Journal Communications, Inc (Class A) | 13 | ||||||||
2,965 | e | Lee Enterprises, Inc | 12 | ||||||||
1,522 | e* | Martha Stewart Living Omnimedia, Inc (Class A) | 11 | ||||||||
2,758 | e | McClatchy Co (Class A) | 19 | ||||||||
19,292 | McGraw-Hill Cos, Inc | 774 | |||||||||
1,490 | Media General, Inc (Class A) | 18 | |||||||||
2,369 | e | Meredith Corp | 67 | ||||||||
2,630 | * | MSCI, Inc | 95 | ||||||||
514 | e | Multi-Color Corp | 11 | ||||||||
8,530 | e | New York Times Co (Class A) | 131 | ||||||||
945 | e* | Playboy Enterprises, Inc (Class B) | 5 | ||||||||
1,695 | * | Presstek, Inc | 8 | ||||||||
2,715 | e | Primedia, Inc | 13 | ||||||||
4,232 | e* | R.H. Donnelley Corp | 13 | ||||||||
12,693 | R.R. Donnelley & Sons Co | 377 | |||||||||
977 | Schawk, Inc | 12 | |||||||||
1,473 | e | Scholastic Corp | 42 | ||||||||
1,179 | e | Standard Register Co | 11 | ||||||||
3,018 | e* | Valassis Communications, Inc | 38 | ||||||||
2,630 | e* | VistaPrint Ltd | 70 | ||||||||
329 | Washington Post Co (Class B) | 193 | |||||||||
TOTAL PRINTING AND PUBLISHING | 3,142 | ||||||||||
RAILROAD TRANSPORTATION - 0.86% | |||||||||||
16,847 | Burlington Northern Santa Fe Corp | 1,683 | |||||||||
24,248 | CSX Corp | 1,523 | |||||||||
1,841 | e* | Genesee & Wyoming, Inc (Class A) | 62 | ||||||||
4,812 | e* | Kansas City Southern Industries, Inc | 212 | ||||||||
22,485 | Norfolk Southern Corp | 1,409 | |||||||||
30,927 | Union Pacific Corp | 2,335 | |||||||||
TOTAL RAILROAD TRANSPORTATION | 7,224 | ||||||||||
REAL ESTATE - 0.10% | |||||||||||
10,114 | e* | CB Richard Ellis Group, Inc (Class A) | 194 |
42
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
378 | e | Consolidated-Tomoka Land Co | $ | 16 | |||||||
1,553 | e | DuPont Fabros Technology, Inc | 29 | ||||||||
4,444 | e | Forest City Enterprises, Inc (Class A) | 143 | ||||||||
2,159 | e* | Forestar Real Estate Group, Inc | 41 | ||||||||
660 | e* | FX Real Estate and Entertainment, Inc | 1 | ||||||||
982 | Grubb & Ellis Co | 4 | |||||||||
1,906 | Jones Lang LaSalle, Inc | 115 | |||||||||
1,663 | e* | LoopNet, Inc | 19 | ||||||||
5,578 | e | St. Joe Co | 191 | ||||||||
6,504 | e | Stewart Enterprises, Inc (Class A) | 47 | ||||||||
297 | e* | Stratus Properties, Inc | 5 | ||||||||
1,468 | e | Thomas Properties Group, Inc | 15 | ||||||||
TOTAL REAL ESTATE | 820 | ||||||||||
RUBBER AND MISCELLANEOUS PLASTIC PRODUCTS - 0.30% | |||||||||||
464 | e* | AEP Industries, Inc | 8 | ||||||||
3,774 | e | Cooper Tire & Rubber Co | 29 | ||||||||
781 | * | Deckers Outdoor Corp | 109 | ||||||||
14,789 | * | Goodyear Tire & Rubber Co | 264 | ||||||||
881 | e* | Metabolix, Inc | 9 | ||||||||
16,581 | Newell Rubbermaid, Inc | 278 | |||||||||
21,174 | Nike, Inc (Class B) | 1,262 | |||||||||
1,704 | e | Schulman (A.), Inc | 39 | ||||||||
9,876 | e | Sealed Air Corp | 188 | ||||||||
1,985 | * | Skechers U.S.A., Inc (Class A) | 39 | ||||||||
2,188 | Spartech Corp | 21 | |||||||||
1,479 | e | Titan International, Inc | 53 | ||||||||
714 | e* | Trex Co, Inc | 8 | ||||||||
3,650 | Tupperware Corp | 125 | |||||||||
2,075 | West Pharmaceutical Services, Inc | 90 | |||||||||
TOTAL RUBBER AND MISCELLANEOUS PLASTIC PRODUCTS | 2,522 | ||||||||||
SECURITY AND COMMODITY BROKERS - 2.37% | |||||||||||
13,287 | Ameriprise Financial, Inc | 540 | |||||||||
1,147 | e | BlackRock, Inc | 203 | ||||||||
8,541 | Broadridge Financial Solutions, Inc | 180 | |||||||||
1,547 | e | Calamos Asset Management, Inc (Class A) | 26 | ||||||||
56,106 | Charles Schwab Corp | 1,152 | |||||||||
3,272 | * | CME Group, Inc | 1,254 | ||||||||
1,086 | e | Cohen & Steers, Inc | 28 | ||||||||
7,308 | * | Corrections Corp of America | 201 | ||||||||
118 | * | Diamond Hill Investment Group, Inc | 10 | ||||||||
800 | * | Duff & Phelps Corp | 13 | ||||||||
25,192 | e* | E*Trade Financial Corp | 79 | ||||||||
6,300 | Eaton Vance Corp | 250 | |||||||||
528 | e | Evercore Partners, Inc (Class A) | 5 | ||||||||
2,300 | e* | FBR Capital Markets Corp | 12 | ||||||||
1,364 | e* | FCStone Group, Inc | 38 | ||||||||
5,305 | Federated Investors, Inc (Class B) | 183 | |||||||||
9,224 | Franklin Resources, Inc | 845 | |||||||||
448 | e | GAMCO Investors, Inc (Class A) | 22 | ||||||||
3,928 | GFI Group, Inc | 35 | |||||||||
23,594 | Goldman Sachs Group, Inc | 4,127 | |||||||||
1,134 | e | Greenhill & Co, Inc | 61 | ||||||||
2,464 | * | Interactive Brokers Group, Inc (Class A) | 79 | ||||||||
4,300 | * | IntercontinentalExchange, Inc | 490 | ||||||||
23,419 | Invesco Ltd | 562 | |||||||||
2,790 | * | Investment Technology Group, Inc | 93 | ||||||||
9,634 | Janus Capital Group, Inc | 255 | |||||||||
7,640 | e | Jefferies Group, Inc | 129 | ||||||||
1,786 | e* | KBW, Inc | 37 | ||||||||
5,354 | * | Knight Capital Group, Inc (Class A) | 96 | ||||||||
3,465 | * | LaBranche & Co, Inc | 25 | ||||||||
6,023 | e* | Ladenburg Thalmann Financial Services, Inc | 9 | ||||||||
3,156 | Lazard Ltd (Class A) | 108 |
43
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
8,138 | Legg Mason, Inc | $ | 355 | ||||||||
32,833 | e | Lehman Brothers Holdings, Inc | 650 | ||||||||
1,518 | e* | MarketAxess Holdings, Inc | 11 | ||||||||
58,780 | Merrill Lynch & Co, Inc | 1,864 | |||||||||
6,300 | e* | MF Global Ltd | 40 | ||||||||
66,471 | Morgan Stanley | 2,398 | |||||||||
967 | e* | Morningstar, Inc | 70 | ||||||||
8,320 | e* | Nasdaq Stock Market, Inc | 221 | ||||||||
5,636 | e | Nymex Holdings, Inc | 476 | ||||||||
16,019 | NYSE Euronext | 812 | |||||||||
2,681 | e | optionsXpress Holdings, Inc | 60 | ||||||||
879 | e* | Penson Worldwide, Inc | 10 | ||||||||
1,153 | e* | Piper Jaffray Cos | 34 | ||||||||
5,630 | e | Raymond James Financial, Inc | 149 | ||||||||
870 | e | Sanders Morris Harris Group, Inc | 6 | ||||||||
8,072 | SEI Investments Co | 190 | |||||||||
1,409 | * | Stifel Financial Corp | 48 | ||||||||
1,726 | e | SWS Group, Inc | 29 | ||||||||
15,553 | T Rowe Price Group, Inc | 878 | |||||||||
14,726 | * | TD Ameritrade Holding Corp | 266 | ||||||||
1,322 | e* | Thomas Weisel Partners Group, Inc | 7 | ||||||||
702 | e | US Global Investors, Inc (Class A) | 12 | ||||||||
98 | Value Line, Inc | 3 | |||||||||
5,415 | Waddell & Reed Financial, Inc (Class A) | 190 | |||||||||
322 | Westwood Holdings Group, Inc | 13 | |||||||||
TOTAL SECURITY AND COMMODITY BROKERS | 19,939 | ||||||||||
SOCIAL SERVICES - 0.01% | |||||||||||
1,396 | e* | Capital Senior Living Corp | 10 | ||||||||
617 | e* | Providence Service Corp | 13 | ||||||||
1,211 | * | Res-Care, Inc | 22 | ||||||||
TOTAL SOCIAL SERVICES | 45 | ||||||||||
SPECIAL TRADE CONTRACTORS - 0.08% | |||||||||||
246 | e | Alico, Inc | 9 | ||||||||
1,884 | * | AsiaInfo Holdings, Inc | 22 | ||||||||
1,567 | e | Chemed Corp | 57 | ||||||||
2,673 | Comfort Systems USA, Inc | 36 | |||||||||
2,650 | * | Dycom Industries, Inc | 38 | ||||||||
3,912 | * | EMCOR Group, Inc | 112 | ||||||||
1,632 | e* | Insituform Technologies, Inc (Class A) | 25 | ||||||||
987 | e* | Integrated Electrical Services, Inc | 17 | ||||||||
1,155 | e* | Layne Christensen Co | 51 | ||||||||
10,263 | e* | Quanta Services, Inc | 341 | ||||||||
TOTAL SPECIAL TRADE CONTRACTORS | 708 | ||||||||||
STONE, CLAY, AND GLASS PRODUCTS - 0.47% | |||||||||||
42,149 | 3M Co | 2,933 | |||||||||
2,068 | e | Apogee Enterprises, Inc | 34 | ||||||||
1,565 | e* | Cabot Microelectronics Corp | 52 | ||||||||
1,232 | e | CARBO Ceramics, Inc | 72 | ||||||||
2,603 | e | Eagle Materials, Inc | 66 | ||||||||
8,722 | Gentex Corp | 126 | |||||||||
862 | e | Libbey, Inc | 6 | ||||||||
4,568 | e* | Owens Corning, Inc | 104 | ||||||||
9,975 | * | Owens-Illinois, Inc | 416 | ||||||||
2,151 | e* | US Concrete, Inc | 10 | ||||||||
4,021 | e* | USG Corp | 119 | ||||||||
TOTAL STONE, CLAY, AND GLASS PRODUCTS | 3,938 | ||||||||||
TEXTILE MILL PRODUCTS - 0.00%** | |||||||||||
874 | e | Oxford Industries, Inc | 17 | ||||||||
905 | e | Xerium Technologies, Inc | 3 |
44
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES �� | RATE | MATURITY DATE | VALUE (000) | ||||||||
TOTAL TEXTILE MILL PRODUCTS | $ | 20 | |||||||||
TOBACCO PRODUCTS - 1.20% | |||||||||||
125,564 | Altria Group, Inc | 2,582 | |||||||||
10,230 | * | Lorillard, Inc | 707 | ||||||||
126,060 | Philip Morris International, Inc | 6,226 | |||||||||
1,760 | e | Universal Corp | 80 | ||||||||
8,997 | e | UST, Inc | 491 | ||||||||
2,405 | e | Vector Group Ltd | 39 | ||||||||
TOTAL TOBACCO PRODUCTS | 10,125 | ||||||||||
TRANSPORTATION BY AIR - 0.33% | |||||||||||
677 | e* | Air Methods Corp | 17 | ||||||||
5,873 | e* | Airtran Holdings, Inc | 12 | ||||||||
2,436 | e* | Alaska Air Group, Inc | 37 | ||||||||
804 | * | Allegiant Travel Co | 15 | ||||||||
14,725 | e* | AMR Corp | 75 | ||||||||
809 | * | Atlas Air Worldwide Holdings, Inc | 40 | ||||||||
1,071 | e* | Bristow Group, Inc | 53 | ||||||||
5,828 | e* | Continental Airlines, Inc (Class B) | 59 | ||||||||
1,785 | e | Copa Holdings S.A. (Class A) | 50 | ||||||||
18,062 | e* | Delta Air Lines, Inc | 103 | ||||||||
18,527 | FedEx Corp | 1,460 | |||||||||
2,405 | * | Hawaiian Holdings, Inc | 17 | ||||||||
11,166 | e* | JetBlue Airways Corp | 42 | ||||||||
14,890 | * | Northwest Airlines Corp | 99 | ||||||||
882 | e* | PHI, Inc | 36 | ||||||||
2,007 | * | Republic Airways Holdings, Inc | 17 | ||||||||
2,935 | e | Skywest, Inc | 37 | ||||||||
43,331 | Southwest Airlines Co | 565 | |||||||||
6,915 | e | UAL Corp | 36 | ||||||||
4,982 | e* | US Airways Group, Inc | 13 | ||||||||
TOTAL TRANSPORTATION BY AIR | 2,783 | ||||||||||
TRANSPORTATION EQUIPMENT - 2.26% | |||||||||||
1,197 | e | A.O. Smith Corp | 39 | ||||||||
2,061 | e* | AAR Corp | 28 | ||||||||
1,493 | e* | Accuride Corp | 6 | ||||||||
418 | e* | Aerovironment, Inc | 11 | ||||||||
2,719 | e | American Axle & Manufacturing Holdings, Inc | 22 | ||||||||
569 | e | American Railcar Industries, Inc | 9 | ||||||||
1,306 | e* | Amerigon, Inc | 9 | ||||||||
4,699 | e | ArvinMeritor, Inc | 59 | ||||||||
1,438 | * | ATC Technology Corp | 33 | ||||||||
4,371 | Autoliv, Inc | 204 | |||||||||
5,637 | * | BE Aerospace, Inc | 131 | ||||||||
44,973 | Boeing Co | 2,956 | |||||||||
5,519 | e | Brunswick Corp | 58 | ||||||||
3,028 | Clarcor, Inc | 106 | |||||||||
940 | e* | Cogo Group, Inc | 9 | ||||||||
5,941 | * | Dana Holding Corp | 32 | ||||||||
636 | Ducommun, Inc | 15 | |||||||||
3,359 | e | Federal Signal Corp | 40 | ||||||||
3,728 | e* | Fleetwood Enterprises, Inc | 10 | ||||||||
4,014 | e* | Force Protection, Inc | 13 | ||||||||
129,460 | e* | Ford Motor Co | 623 | ||||||||
809 | e | Freightcar America, Inc | 29 | ||||||||
735 | * | Fuel Systems Solutions, Inc | 28 | ||||||||
3,656 | e* | GenCorp, Inc | 26 | ||||||||
23,850 | General Dynamics Corp | 2,008 | |||||||||
29,035 | e | General Motors Corp | 334 | ||||||||
516 | e* | GenTek, Inc | 14 | ||||||||
9,912 | Genuine Parts Co | 393 | |||||||||
7,490 | Goodrich Corp | 355 | |||||||||
869 | e | Greenbrier Cos, Inc | 18 | ||||||||
1,580 | e | Group 1 Automotive, Inc | 31 | ||||||||
14,147 | e | Harley-Davidson, Inc | 513 |
45
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
5,143 | Harsco Corp | $ | 280 | ||||||||
5,897 | e* | Hayes Lemmerz International, Inc | 17 | ||||||||
1,585 | e | Heico Corp | 52 | ||||||||
1,612 | Kaman Corp | 37 | |||||||||
533 | * | LMI Aerospace, Inc | 9 | ||||||||
19,680 | Lockheed Martin Corp | 1,942 | |||||||||
20,310 | Northrop Grumman Corp | 1,359 | |||||||||
3,572 | * | Orbital Sciences Corp | 84 | ||||||||
4,528 | Oshkosh Truck Corp | 94 | |||||||||
21,848 | Paccar, Inc | 914 | |||||||||
7,965 | * | Pactiv Corp | 169 | ||||||||
2,038 | e | Polaris Industries, Inc | 82 | ||||||||
25,314 | Raytheon Co | 1,425 | |||||||||
1,983 | e | Spartan Motors, Inc | 15 | ||||||||
6,221 | * | Spirit Aerosystems Holdings, Inc (Class A) | 119 | ||||||||
1,631 | e | Superior Industries International, Inc | 28 | ||||||||
2,719 | e* | Tenneco, Inc | 37 | ||||||||
2,119 | e | Thor Industries, Inc | 45 | ||||||||
1,979 | e* | TransDigm Group, Inc | 66 | ||||||||
4,846 | e | Trinity Industries, Inc | 168 | ||||||||
984 | e | Triumph Group, Inc | 46 | ||||||||
2,648 | * | TRW Automotive Holdings Corp | 49 | ||||||||
58,247 | United Technologies Corp | 3,594 | |||||||||
7,954 | e* | Visteon Corp | 21 | ||||||||
2,193 | e | Wabash National Corp | 17 | ||||||||
2,903 | Westinghouse Air Brake Technologies Corp | 141 | |||||||||
1,944 | e | Winnebago Industries, Inc | 20 | ||||||||
TOTAL TRANSPORTATION EQUIPMENT | 18,992 | ||||||||||
TRANSPORTATION SERVICES - 0.20% | |||||||||||
1,330 | e | Ambassadors Group, Inc | 20 | ||||||||
10,211 | CH Robinson Worldwide, Inc | 560 | |||||||||
783 | e* | Dynamex, Inc | 21 | ||||||||
12,898 | Expeditors International Washington, Inc | 555 | |||||||||
2,753 | GATX Corp | 122 | |||||||||
2,417 | * | HUB Group, Inc (Class A) | 82 | ||||||||
3,811 | * | Lear Corp | 54 | ||||||||
2,500 | e* | Orbitz Worldwide, Inc | 13 | ||||||||
2,338 | e | Pacer International, Inc | 50 | ||||||||
2,365 | e | Ship Finance International Ltd | 70 | ||||||||
6,068 | UTI Worldwide, Inc | 121 | |||||||||
TOTAL TRANSPORTATION SERVICES | 1,668 | ||||||||||
TRUCKING AND WAREHOUSING - 0.39% | |||||||||||
1,500 | e | Arkansas Best Corp | 55 | ||||||||
1,483 | * | Celadon Group, Inc | 15 | ||||||||
2,398 | Con-way, Inc | 113 | |||||||||
1,949 | e | Forward Air Corp | 67 | ||||||||
3,489 | e | Heartland Express, Inc | 52 | ||||||||
4,893 | e | J.B. Hunt Transport Services, Inc | 163 | ||||||||
3,156 | Landstar System, Inc | 174 | |||||||||
952 | * | Marten Transport Ltd | 15 | ||||||||
1,717 | e* | Old Dominion Freight Line | 52 | ||||||||
103 | e* | Patriot Transportation Holding, Inc | 8 | ||||||||
900 | * | Saia, Inc | 10 | ||||||||
40,370 | United Parcel Service, Inc (Class B) | 2,482 | |||||||||
200 | e* | Universal Truckload Services, Inc | 4 | ||||||||
2,855 | e | Werner Enterprises, Inc | 53 | ||||||||
3,415 | e* | YRC Worldwide, Inc | 51 | ||||||||
TOTAL TRUCKING AND WAREHOUSING | 3,314 | ||||||||||
WATER TRANSPORTATION - 0.29% | |||||||||||
2,650 | e | Alexander & Baldwin, Inc | 121 | ||||||||
2,778 | e* | American Commercial Lines, Inc | 30 | ||||||||
829 | e | Arlington Tankers Ltd | 19 | ||||||||
26,104 | Carnival Corp | 860 |
46
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
2,362 | Double Hull Tankers, Inc | $ | 24 | ||||||||
2,567 | e | Eagle Bulk Shipping, Inc | 76 | ||||||||
2,983 | e | Frontline Ltd | 208 | ||||||||
1,322 | e | Genco Shipping & Trading Ltd | 86 | ||||||||
1,588 | e | General Maritime Corp | 41 | ||||||||
2,142 | e | Golar LNG Ltd | 33 | ||||||||
1,244 | e* | Gulfmark Offshore, Inc | 72 | ||||||||
2,063 | e | Horizon Lines, Inc (Class A) | 21 | ||||||||
1,586 | e* | Hornbeck Offshore Services, Inc | 90 | ||||||||
357 | * | International Shipholding Corp | 8 | ||||||||
3,228 | * | Kirby Corp | 155 | ||||||||
1,036 | Knightsbridge Tankers Ltd | 33 | |||||||||
2,047 | e | Nordic American Tanker Shipping | 80 | ||||||||
2,450 | e* | Odyssey Marine Exploration, Inc | 10 | ||||||||
1,464 | Overseas Shipholding Group, Inc | 116 | |||||||||
8,396 | e | Royal Caribbean Cruises Ltd | 189 | ||||||||
400 | * | TBS International Ltd (Class A) | 16 | ||||||||
2,428 | e | Teekay Corp | 110 | ||||||||
800 | e | Teekay Tankers Ltd | 19 | ||||||||
931 | e* | Ultrapetrol Bahamas Ltd | 12 | ||||||||
TOTAL WATER TRANSPORTATION | 2,429 | ||||||||||
WHOLESALE TRADE-DURABLE GOODS - 0.37% | |||||||||||
2,158 | e | Agilysys, Inc | 24 | ||||||||
2,206 | Applied Industrial Technologies, Inc | 53 | |||||||||
7,511 | * | Arrow Electronics, Inc | 231 | ||||||||
2,819 | e | Barnes Group, Inc | 65 | ||||||||
2,807 | e* | Beacon Roofing Supply, Inc | 30 | ||||||||
6,944 | BorgWarner, Inc | 308 | |||||||||
702 | Castle (A.M.) & Co | 20 | |||||||||
671 | * | Chindex International, Inc | 10 | ||||||||
1,444 | e* | Conceptus, Inc | 27 | ||||||||
1,204 | * | DemandTec, Inc | 9 | ||||||||
1,490 | * | Digi International, Inc | 12 | ||||||||
1,195 | e* | Drew Industries, Inc | 19 | ||||||||
573 | e* | Hansen Medical, Inc | 10 | ||||||||
800 | e | Houston Wire & Cable Co | 16 | ||||||||
4,578 | IKON Office Solutions, Inc | 52 | |||||||||
9,316 | * | Ingram Micro, Inc (Class A) | 165 | ||||||||
3,362 | * | Insight Enterprises, Inc | 39 | ||||||||
1,758 | * | Interline Brands, Inc | 28 | ||||||||
3,799 | e | Knight Transportation, Inc | 70 | ||||||||
300 | e | Lawson Products, Inc | 7 | ||||||||
8,123 | * | LKQ Corp | 147 | ||||||||
2,473 | e | Martin Marietta Materials, Inc | 256 | ||||||||
900 | * | MedAssets, Inc | 15 | ||||||||
620 | * | MWI Veterinary Supply, Inc | 21 | ||||||||
2,588 | e | Owens & Minor, Inc | 118 | ||||||||
7,516 | * | Patterson Cos, Inc | 221 | ||||||||
2,583 | e | PEP Boys-Manny Moe & Jack | 23 | ||||||||
3,009 | e | Pool Corp | 53 | ||||||||
4,383 | * | PSS World Medical, Inc | 71 | ||||||||
3,758 | Reliance Steel & Aluminum Co | 290 | |||||||||
3,079 | * | Solera Holdings, Inc | 85 | ||||||||
3,376 | * | Tech Data Corp | 114 | ||||||||
433 | * | Titan Machinery, Inc | 14 | ||||||||
2,452 | e* | TomoTherapy, Inc | 22 | ||||||||
2,317 | e* | Tyler Technologies, Inc | 31 | ||||||||
4,326 | W.W. Grainger, Inc | 354 | |||||||||
2,519 | * | WESCO International, Inc | 101 | ||||||||
TOTAL WHOLESALE TRADE-DURABLE GOODS | 3,131 | ||||||||||
WHOLESALE TRADE-NONDURABLE GOODS - 0.58% | |||||||||||
1,483 | Aceto Corp | 11 | |||||||||
4,959 | Airgas, Inc | 290 |
47
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||||
2,860 | e* | Akorn, Inc | $ | 9 | |||||||||
5,454 | * | Alliance One International, Inc | 28 | ||||||||||
3,382 | e* | Allscripts Healthcare Solutions, Inc | 42 | ||||||||||
896 | e | Andersons, Inc | 37 | ||||||||||
3,641 | e* | Bare Escentuals, Inc | 68 | ||||||||||
1,671 | e* | BMP Sunstone Corp | 10 | ||||||||||
4,962 | Brown-Forman Corp (Class B) | 375 | |||||||||||
21,354 | Cardinal Health, Inc | 1,101 | |||||||||||
2,265 | * | Central European Distribution Corp | 168 | ||||||||||
638 | e* | Core-Mark Holding Co, Inc | 17 | ||||||||||
7,952 | * | Dean Foods Co | 156 | ||||||||||
7,495 | * | Endo Pharmaceuticals Holdings, Inc | 181 | ||||||||||
2,503 | e* | Fresh Del Monte Produce, Inc | 59 | ||||||||||
852 | e* | Green Mountain Coffee Roasters, Inc | 32 | ||||||||||
2,432 | e* | Hain Celestial Group, Inc | 57 | ||||||||||
5,330 | * | Henry Schein, Inc | 275 | ||||||||||
3,890 | e | Herbalife Ltd | 151 | ||||||||||
7,953 | e | Idearc, Inc | 19 | ||||||||||
500 | e | Kenneth Cole Productions, Inc (Class A) | 6 | ||||||||||
1,430 | e | K-Swiss, Inc (Class A) | 21 | ||||||||||
901 | * | LSB Industries, Inc | 18 | ||||||||||
231 | e* | Maui Land & Pineapple Co, Inc | 7 | ||||||||||
3,315 | e | Men’s Wearhouse, Inc | 54 | ||||||||||
1,570 | Myers Industries, Inc | 13 | |||||||||||
785 | e | Nash Finch Co | 27 | ||||||||||
3,094 | Nu Skin Enterprises, Inc (Class A) | 46 | |||||||||||
804 | * | Perry Ellis International, Inc | 17 | ||||||||||
1,539 | e* | School Specialty, Inc | 46 | ||||||||||
1,382 | Spartan Stores, Inc | 32 | |||||||||||
626 | * | Synutra International, Inc | 20 | ||||||||||
35,948 | Sysco Corp | 989 | |||||||||||
5,520 | Terra Industries, Inc | 272 | |||||||||||
2,117 | e* | Tractor Supply Co | 61 | ||||||||||
2,582 | e* | United Natural Foods, Inc | 50 | ||||||||||
1,202 | * | United Stationers, Inc | 44 | ||||||||||
423 | e | Valhi, Inc | 12 | ||||||||||
849 | e* | Volcom, Inc | 20 | ||||||||||
1,325 | e | Zep, Inc | 20 | ||||||||||
1,070 | * | Zhongpin, Inc | 13 | ||||||||||
TOTAL WHOLESALE TRADE-NONDURABLE GOODS | 4,874 | ||||||||||||
TOTAL COMMON STOCKS (Cost $635,577) | 838,999 | ||||||||||||
PRINCIPAL | |||||||||||||
SHORT-TERM INVESTMENTS - 10.69% | |||||||||||||
U.S. GOVERNMENT AND AGENCIES DISCOUNT AND COUPON NOTES - 0.14% | |||||||||||||
$1,140,000 | Federal Home Loan Bank (FHLB) | 0.000 | % | 07/01/08 | 1,140 | ||||||||
TOTAL U.S. GOVERNMENT AND AGENCIES DISCOUNT AND COUPON NOTES | 1,140 | ||||||||||||
SHARES | |||||||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED - 10.55% | |||||||||||||
88,619,421 | State Street Navigator Securities Lending Prime Portfolio | 88,619 | |||||||||||
TOTAL INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | 88,619 | ||||||||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $89,759) | 89,759 | ||||||||||||
TOTAL PORTFOLIO - 110.55% (Cost $725,336) | 928,758 | ||||||||||||
OTHER ASSETS & LIABILITIES, NET - (10.55%) | (88,598 | ) | |||||||||||
48
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | RATE | MATURITY DATE | VALUE (000) | ||||||||
NET ASSETS - 100.00% | $ | 840,160 | |||||||||
* | 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 in the amount of $91,179. |
e | All or a portion of these securities are out on loan. |
m | Indicates a security that has been deemed illiquid. |
v | Security valued at fair value. |
At June 30, 2008, the unrealized depreciation on investments was $203,421,566, consisting of gross unrealized appreciation of $312,263,493 and gross unrealized depreciation of $108,841,927.
OPEN FUTURES CONTRACTS: | NUMBER OF CONTRACTS | MARKET VALUE | EXPIRATION DATE | UNREALIZED (DEPRECIATION) | |||||||
E-mini S&P 500 Index | 14 | $ | 896,770 | September 2008 | $ | (39,821 | ) | ||||
E-mini S&P 400 Index | 1 | 82,120 | September 2008 | (3,327 | ) | ||||||
E-mini Russell 2000 Index | 1 | 69,170 | September 2008 | (2,627 | ) | ||||||
$ | (45,775 | ) |
49
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 Management Committee.
Item 11. | Controls and Procedures. |
(a) 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 this semi-annual reporting period.
(b) There were no changes in the Registrant’s internal control over financial reporting that occurred during the Registrant’s first fiscal half-year that materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
Item 12. | Exhibits. |
12(a)(2)(i) Section 302 certification of the principal executive officer
12(a)(2)(ii) Section 302 certification of the principal financial officer
12(b) Section 906 certification of principal executive officer and principal financial officer
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
TIAA SEPARATE ACCOUNT VA-1 | ||||||
Date: August 21, 2008 | By: | /s/ Roger W. Ferguson, Jr. | ||||
Roger W. Ferguson, 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: August 21, 2008 | By: | /s/ Roger W. Ferguson, Jr. | ||||
Roger W. Ferguson, Jr. | ||||||
President and Chief Executive Officer | ||||||
(principal executive officer) |
Date: August 21, 2008 | 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)(2)(i) Section 302 certification of the principal executive officer
12(a)(2)(ii) Section 302 certification of the principal financial officer
12(b) Section 906 certification of principal executive officer and principal financial officer