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: December 31, 2008
Item 1. | Reports to Stockholders. |
PERFORMANCE OVERVIEW AS OF DECEMBER 31, 2008
Total return | Average annual total return | |||||||||||||
Inception date | 1 year | 5 years | 10 years | since inception* | ||||||||||
EQUITIES | ||||||||||||||
Stock Index Account | 11/1/1994 | –37.53 | % | –2.52 | % | –1.28 | % | 6.15 | % |
* | 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 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 twelve months ended December 31, 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 twelve-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 and types of securities in which the account had investments as of December 31, 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. For a prospectus that contains this and other important information, please visit our website at tiaa-cref.org, or call 800 223-1200. We urge you to read the prospectus carefully before investing.
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Account performance | ||
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Financial statements | ||
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Inside back cover |
Amid a worsening global credit crisis and stalled economic growth, U.S. stocks fell significantly in 2008. The downturn was broad-based, with stocks of all market capitalization sizes and investment styles posting double-digit losses.
For the year, the Russell 3000® Index, a broad measure of the U.S. stock market, declined 37.3%. This drop—the largest calendar-year loss for the Russell 3000 since its inception in 1979—sent the index’s longer-term performance into negative territory as well: for the ten years ended December 31, 2008, the Russell 3000 posted an average annual return of –0.8%, down from 6.2% for the ten years ended December 31, 2007.
Faltering economy, difficult credit markets weigh on stocks
The crisis in the financial services sector disrupted the credit markets and weighed heavily on economies and stock markets around the world. The already sluggish U.S. economy weakened further in the second half of 2008, evidenced by mounting job losses, plummeting home prices and reduced consumer spending. At year-end, the national unemployment rate stood at 7.2%, up from 4.9% in December 2007.
The nation’s gross domestic product (GDP) shrank 0.5% in the third quarter of 2008. For the year as a whole, preliminary estimates are that GDP grew at just 1.3%—compared with the 2.0% growth recorded for 2007.
In the third quarter, U.S. corporate earnings growth—a key driver of stock performance—remained negative on a year-over-year basis for the fifth quarter in a row.
As the economy sputtered, oil prices plunged from a peak of $146 a barrel in July to $45 a barrel at the end of December. Year-over-year inflation, which had reached 5.6% in July, dropped to just 0.1% in December.
The U.S. Federal Reserve sought to assist the credit markets and jump-start the economy by cutting the federal funds rate seven times in 2008, from 4.25% at the beginning of the year to essentially 0% at year-end. (The federal funds rate is the interest rate U.S. commercial banks charge one another for overnight loans.)
U.S. Treasuries lift bond returns
Bonds fared much better than stocks, benefiting from declining short-term interest rates and a surge in demand for U.S. Treasury securities.
For the year, the Barclays Capital U.S. Aggregate Bond Index (formerly the Lehman Brothers U.S. Aggregate Index), a measure of the broad U.S. investment-grade, fixed-rate bond market, rose 5.2%. Most of this positive return occurred in the fourth quarter, when the Barclays index gained 4.6%, led by the 8.8% return of U.S. Treasuries.
2 2008 Annual Report ¡ TIAA Separate Account VA-1
Edward J. Grzybowski
Chief Investment Officer
Teachers Advisors, Inc.
Low-cost indexing helps buffer losses
The Stock Index Account, the underlying investment of the TIAA Separate Account VA-1, uses an indexing strategy. For 2008, the account’s 37.5% loss was smaller than the 39.4% average decline of its peer group, the Morningstar Large Blend (VA) category.
For the ten years ended December 31, 2008, the account posted an average annual return of –1.3%, versus the –2.5% 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.
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.
Generally, indexing also helps keep an account’s expenses low. 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 Annual Report 3
MORE INFORMATION FOR POLICYHOLDERS
Portfolio holdings
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 Schedule of Investments”) as of the most recently completed fiscal quarter (currently for the period ended December 31, 2008) in the following ways:
• | By visiting our website at tiaa-cref.org; or |
• | By calling us at 800 842-2776 to request a copy 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 sec.gov; or |
• | From the SEC’s Office of Investor Education and Advocacy. (Call 202 551-8090 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 tiaa-cref.org or on the SEC’s website at 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 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 Annual Report ¡ TIAA Separate Account VA-1
Annuities are insurance contracts designed for retirement savings or for other long-term goals. They may 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 an annuity account. It is expressed as a percentage of the account’s average net assets and does not include front-end or back-end sales charges, if any, or trading costs.
Market capitalization is the total value of a company’s outstanding stock, calculated by multiplying the number of outstanding shares by the current market price per share.
Peer groups are groupings of variable annuities or mutual funds with similar objectives whose performance can be compared with that of an individual variable annuity or mutual fund with a similar objective.
Portfolio turnover rate is calculated by dividing the value of securities bought or sold during the fiscal year (whichever is less) by the average value of the portfolio during that period.
Price/earnings (P/E) ratio 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 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. 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. You cannot invest directly in any index. |
TIAA Separate Account VA-1 ¡ 2008 Annual Report 5
IMPORTANT INFORMATION ABOUT EXPENSES
As a TIAA Separate Account VA-1 contract owner, you incur only one of two potential types of costs.
• | You incur no transaction costs, including sales charges (loads) on purchases, 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 the facing 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 July 1, 2008, and held for six months until December 31, 2008.
Actual expenses
The first line in the table on page seven 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 account value 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.
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 and mutual funds.
6 2008 Annual Report ¡ TIAA Separate Account VA-1
EXPENSE EXAMPLE
Six months ended December 31, 2008
Starting | Ending | Expenses paid* | |||||||
account value | account value | (7/1/08– | |||||||
Stock Index Account | (7/1/08) | (12/31/08) | 12/31/08) | ||||||
Actual return | $ | 1,000.00 | $ | 704.20 | $ | 2.87 | |||
5% annual hypothetical return | 1,000.00 | 1,021.73 | 3.40 |
* | “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 184/366. There were 184 days in the six months ended December 31, 2008. The account’s annualized six-month expense ratio for that period was 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% of average daily net assets per year, the total annual expense ratio will never exceed 1.50%. |
TIAA Separate Account VA-1 ¡ 2008 Annual Report 7
PERFORMANCE IN THE TWELVE MONTHS ENDED DECEMBER 31, 2008
The Stock Index Account returned –37.53% for the year, compared with the –37.31% return of its benchmark, the Russell 3000® Index, and the –39.44% average return of the account’s peer group, the Morningstar Large Blend (VA) category, which included 5,836 variable annuities as of December 31, 2008.
Index posts its worst year
During the twelve-month period, the U.S. stock market posted large losses as a result of deteriorating conditions in the credit and housing markets, rising unemployment and declining corporate profits. It was the largest downturn for the broad-based Russell 3000 Index during a calendar year since its inception in 1979.
After an 11.05% drop during the first half of the reporting period, the market sell-off intensified during the second half of the year, when the index fell 29.52% as the overall global economic outlook continued to weaken.
However, the return of domestic stocks for the year held up better than that of foreign issues, which fell 43.38%, as measured by the MSCI EAFE® Index.
For the ten years ended December 31, 2008, the average annual return of the Russell 3000 was –0.80%, versus the 0.80% average annual gain of the EAFE.
Declines hit all sectors
The market’s fall in 2008 was broad-based. All twelve of the benchmark’s industry sectors posted double-digit losses. Among the biggest detractors from performance were the financials, technology and “other energy” sectors, which fell 48.9%, 42.2% and 53.4%, respectively. On December 31, 2008, these sectors made up more than one-third of the benchmark’s total market capitalization.
Losses among the largest stocks differ sharply
While none of the largest stocks in the index was immune to the market downturn, their results were very different, depending on the degree of each company’s involvement in the troubled financial and technology industries. In descending order according to market capitalization size, the five largest stocks in the benchmark performed as follows: ExxonMobil, –13.1%; Procter & Gamble, –13.8%; General Electric, –54.0%; AT&T, –28.0%; and Johnson & Johnson, –7.8%.
For the period, the account’s return was comparable to that of its benchmark, minus the effects of expenses and of some cash holdings for liquidity. The account had a risk profile similar to that of its benchmark.
8 2008 Annual Report ¡ TIAA Separate Account VA-1
INVESTMENT OBJECTIVE
This variable annuity 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-cap/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. The index measures the performance of about 98% of the total market capitalization of the publicly traded U.S. equity market. You cannot invest directly in this index.
PERFORMANCE AS OF DECEMBER 31, 2008
Total return | Average annual total return | ||||||||
1 year | 5 years | 10 years | |||||||
Stock Index Account | –37.53 | % | –2.52 | % | –1.28 | % | |||
Russell 3000 Index | –37.31 | –1.95 | –0.80 | ||||||
Morningstar Large Blend (VA)* | –39.44 | –4.06 | –2.47 |
The returns in this report show past performance, which is no guarantee of future results. Returns and the principal value of your investment will fluctuate. Current performance may be higher or lower than that shown, and you may have a gain or a loss when you redeem your accumulation units. For current performance information, including performance to the most recent month-end, please visit tiaa-cref.org.
* | The returns represent the historical performance of accounts included in the Morningstar category at December 31, 2008. The return of a $10,000 investment over ten years is calculated by linking the monthly returns of those accounts in the category that operated during all or part of that period. |
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 | Weighted median market capitalization | $ | 25.3 billion | |||||
Net assets | $ | 566.94 million | P/E ratio (weighted 12-month trailing average) | 11.6 | |||||
Total annual expense ratio† | 0.67 | % |
† | This is the account’s annualized six-month expense ratio for the period ended December 31, 2008. 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% of average daily net assets per year, the total annual expense ratio will never exceed 1.50%. |
TIAA Separate Account VA-1 ¡ 2008 Annual Report 9
STOCK INDEX ACCOUNT
$10,000 OVER 10 YEARS
An investment of $10,000 in this account on December 31, 1998, would be worth $8,786 at the end of the period, 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 Morningstar peer group during the same period.
CALENDAR YEAR TOTAL RETURN SINCE 1999
HOLDINGS BY COMPANY SIZE
% of portfolio investments | ||
Over $15 billion | 61.28 | |
$4 billion–$15 billion | 19.21 | |
Under $4 billion | 19.51 | |
Total | 100.00 |
10 2008 Annual Report ¡ TIAA Separate Account VA-1
SUMMARY PORTFOLIO OF INVESTMENTS |
STOCK INDEX ACCOUNT n DECEMBER 31, 2008
Shares | Company | Value (000) | % of net assets | ||||||||
COMMON STOCKS | |||||||||||
AGRICULTURAL PRODUCTION-CROPS | $ 38 | 0.01 | % | ||||||||
AGRICULTURAL PRODUCTION-LIVESTOCK | 51 | 0.01 | |||||||||
AGRICULTURAL SERVICES | 9 | 0.00 | ** | ||||||||
AMUSEMENT AND RECREATION SERVICES | |||||||||||
110,932 | Walt Disney Co | 2,517 | 0.44 | ||||||||
Other | 452 | 0.08 | |||||||||
2,969 | 0.52 | ||||||||||
APPAREL AND ACCESSORY STORES | 2,672 | 0.47 | |||||||||
APPAREL AND OTHER TEXTILE PRODUCTS | 766 | 0.14 | |||||||||
AUTO REPAIR, SERVICES AND PARKING | 329 | 0.06 | |||||||||
AUTOMOTIVE DEALERS AND SERVICE STATIONS | 1,081 | 0.19 | |||||||||
BUILDING MATERIALS AND GARDEN SUPPLIES | |||||||||||
98,878 | Home Depot, Inc | 2,276 | 0.40 | ||||||||
Other | 2,105 | 0.37 | |||||||||
4,381 | 0.77 | ||||||||||
BUSINESS SERVICES | |||||||||||
13,873 | * | Google, Inc (Class A) | 4,268 | 0.75 | |||||||
466,874 | Microsoft Corp | 9,076 | 1.60 | ||||||||
226,894 | * | Oracle Corp | 4,023 | 0.71 | |||||||
Other | 20,513 | 3.62 | |||||||||
37,880 | 6.68 | ||||||||||
CHEMICALS AND ALLIED PRODUCTS | |||||||||||
89,963 | Abbott Laboratories | 4,801 | 0.85 | ||||||||
63,467 | * | Amgen, Inc | 3,665 | 0.65 | |||||||
114,985 | Bristol-Myers Squibb Co | 2,673 | 0.47 | ||||||||
58,195 | Eli Lilly & Co | 2,344 | 0.41 | ||||||||
27,002 | * | Genentech, Inc | 2,239 | 0.39 | |||||||
53,560 | * | Gilead Sciences, Inc | 2,739 | 0.48 | |||||||
163,964 | Johnson & Johnson | 9,810 | 1.73 | ||||||||
125,062 | Merck & Co, Inc | 3,802 | 0.67 | ||||||||
31,945 | Monsanto Co | 2,247 | 0.40 | ||||||||
394,411 | Pfizer, Inc | 6,985 | 1.23 | ||||||||
175,773 | Procter & Gamble Co | 10,867 | 1.92 | ||||||||
77,696 | Wyeth | 2,914 | 0.51 | ||||||||
Other | 20,892 | 3.69 | |||||||||
75,978 | 13.40 | ||||||||||
COAL MINING | 994 | 0.18 | |||||||||
COMMUNICATIONS | |||||||||||
345,522 | AT&T, Inc | 9,847 | 1.74 | ||||||||
163,309 | Comcast Corp (Class A) | 2,757 | 0.49 | ||||||||
166,113 | Verizon Communications, Inc | 5,631 | 0.99 | ||||||||
Other | 7,930 | 1.40 | |||||||||
26,165 | 4.62 | ||||||||||
See notes to financial statements | TIAA Separate Account VA-1 n 2008 Annual Report | 11 |
SUMMARY PORTFOLIO OF INVESTMENTS | continued |
STOCK INDEX ACCOUNT n DECEMBER 31, 2008
Shares | Company | Value (000) | % of net assets | ||||||||
DEPOSITORY INSTITUTIONS | |||||||||||
292,536 | Bank of America Corp | $ 4,119 | 0.73 | % | |||||||
317,253 | Citigroup, Inc | 2,129 | 0.37 | ||||||||
215,365 | JPMorgan Chase & Co | 6,790 | 1.20 | ||||||||
101,357 | US Bancorp | 2,535 | 0.45 | ||||||||
220,254 | Wells Fargo & Co | 6,493 | 1.14 | ||||||||
Other | 17,075 | 3.01 | |||||||||
39,141 | 6.90 | ||||||||||
EATING AND DRINKING PLACES | |||||||||||
66,043 | McDonald’s Corp | 4,107 | 0.72 | ||||||||
Other | 2,325 | 0.41 | |||||||||
6,432 | 1.13 | ||||||||||
EDUCATIONAL SERVICES | 1,373 | 0.24 | |||||||||
ELECTRIC, GAS, AND SANITARY SERVICES | |||||||||||
38,204 | Exelon Corp | 2,125 | 0.37 | ||||||||
Other | 25,613 | 4.52 | |||||||||
27,738 | 4.89 | ||||||||||
ELECTRONIC AND OTHER ELECTRIC EQUIPMENT | |||||||||||
51,465 | * | Apple Computer, Inc | 4,392 | 0.77 | |||||||
344,324 | * | Cisco Systems, Inc | 5,612 | 0.99 | |||||||
612,450 | General Electric Co | 9,923 | 1.75 | ||||||||
333,831 | Intel Corp | 4,894 | 0.86 | ||||||||
94,274 | Qualcomm, Inc | 3,378 | 0.60 | ||||||||
Other | 13,484 | 2.38 | |||||||||
41,683 | 7.35 | ||||||||||
ENGINEERING AND MANAGEMENT SERVICES | 7,607 | 1.34 | |||||||||
FABRICATED METAL PRODUCTS | 3,235 | 0.57 | |||||||||
FOOD AND KINDRED PRODUCTS | |||||||||||
135,419 | Coca-Cola Co | 6,131 | 1.08 | ||||||||
85,580 | Kraft Foods, Inc (Class A) | 2,298 | 0.41 | ||||||||
92,431 | PepsiCo, Inc | 5,062 | 0.89 | ||||||||
Other | 9,041 | 1.59 | |||||||||
22,532 | 3.97 | ||||||||||
FOOD STORES | 2,613 | 0.46 | |||||||||
FORESTRY | 515 | 0.09 | |||||||||
FURNITURE AND FIXTURES | 1,328 | 0.23 | |||||||||
FURNITURE AND HOME FURNISHINGS STORES | 1,314 | 0.23 | |||||||||
GENERAL BUILDING CONTRACTORS | 1,111 | 0.20 | |||||||||
GENERAL MERCHANDISE STORES | |||||||||||
130,489 | Wal-Mart Stores, Inc | 7,315 | 1.29 | ||||||||
Other | 4,624 | 0.82 | |||||||||
11,939 | 2.11 | ||||||||||
HEALTH SERVICES | 5,772 | 1.02 | |||||||||
12 | 2008 Annual Report n TIAA Separate Account VA-1 | See notes to financial statements |
SUMMARY PORTFOLIO OF INVESTMENTS | continued |
STOCK INDEX ACCOUNT n DECEMBER 31, 2008
Shares | Company | Value (000) | % of net assets | ||||||||
HEAVY CONSTRUCTION, EXCEPT BUILDING | $ 365 | 0.06 | % | ||||||||
HOLDING AND OTHER INVESTMENT OFFICES | |||||||||||
80,782 | iShares Russell 3000 Index Fund | 4,208 | 0.74 | ||||||||
Other | 10,745 | 1.90 | |||||||||
14,953 | 2.64 | ||||||||||
HOTELS AND OTHER LODGING PLACES | 1,141 | 0.20 | |||||||||
INDUSTRIAL MACHINERY AND EQUIPMENT | |||||||||||
143,729 | Hewlett-Packard Co | 5,216 | 0.92 | ||||||||
80,119 | International Business Machines Corp | 6,743 | 1.19 | ||||||||
Other | 13,245 | 2.34 | |||||||||
25,204 | 4.45 | ||||||||||
INSTRUMENTS AND RELATED PRODUCTS | 21,813 | 3.85 | |||||||||
INSURANCE AGENTS, BROKERS AND SERVICE | 2,225 | 0.39 | |||||||||
INSURANCE CARRIERS | 20,961 | 3.70 | |||||||||
JUSTICE, PUBLIC ORDER AND SAFETY | 176 | 0.03 | |||||||||
LEATHER AND LEATHER PRODUCTS | 589 | 0.10 | |||||||||
LEGAL SERVICES | 161 | 0.03 | |||||||||
LOCAL AND INTERURBAN PASSENGER TRANSIT | 21 | 0.00 | ** | ||||||||
LUMBER AND WOOD PRODUCTS | 94 | 0.02 | |||||||||
METAL MINING | 2,215 | 0.39 | |||||||||
MISCELLANEOUS MANUFACTURING INDUSTRIES | 1,378 | 0.24 | |||||||||
MISCELLANEOUS RETAIL | |||||||||||
83,348 | CVS Corp | 2,395 | 0.42 | ||||||||
Other | 4,612 | 0.82 | |||||||||
7,007 | 1.24 | ||||||||||
MOTION PICTURES | 3,938 | 0.70 | |||||||||
NONDEPOSITORY INSTITUTIONS | 3,382 | 0.60 | |||||||||
NONMETALLIC MINERALS, EXCEPT FUELS | 595 | 0.11 | |||||||||
OIL AND GAS EXTRACTION | |||||||||||
47,823 | Occidental Petroleum Corp | 2,869 | 0.51 | ||||||||
69,509 | Schlumberger Ltd | 2,942 | 0.52 | ||||||||
Other | 16,773 | 2.95 | |||||||||
22,584 | 3.98 | ||||||||||
PAPER AND ALLIED PRODUCTS | 2,413 | 0.43 | |||||||||
PERSONAL SERVICES | 953 | 0.17 | |||||||||
PETROLEUM AND COAL PRODUCTS | |||||||||||
120,590 | Chevron Corp | 8,920 | 1.57 | ||||||||
89,919 | ConocoPhillips | 4,658 | 0.82 | ||||||||
307,925 | Exxon Mobil Corp | 24,582 | 4.34 | ||||||||
Other | 3,889 | 0.69 | |||||||||
42,049 | 7.42 | ||||||||||
See notes to financial statements | TIAA Separate Account VA-1 n 2008 Annual Report | 13 |
SUMMARY PORTFOLIO OF INVESTMENTS | continued |
STOCK INDEX ACCOUNT n DECEMBER 31, 2008
Shares | Company | Value (000) | % of net assets | ||||||||
PIPELINES, EXCEPT NATURAL GAS | $ 577 | 0.10 | % | ||||||||
PRIMARY METAL INDUSTRIES | 4,122 | 0.73 | |||||||||
PRINTING AND PUBLISHING | 1,591 | 0.28 | |||||||||
RAILROAD TRANSPORTATION | 4,623 | 0.82 | |||||||||
REAL ESTATE | 330 | 0.06 | |||||||||
RUBBER AND MISCELLANEOUS PLASTIC PRODUCT | 1,783 | 0.31 | |||||||||
SECURITY AND COMMODITY BROKERS | |||||||||||
25,694 | Goldman Sachs Group, Inc | 2,168 | 0.38 | ||||||||
Other | 8,650 | 1.53 | |||||||||
10,818 | 1.91 | ||||||||||
SOCIAL SERVICES | 23 | 0.00 | ** | ||||||||
SPECIAL TRADE CONTRACTORS | 484 | 0.09 | |||||||||
STONE, CLAY, AND GLASS PRODUCTS | |||||||||||
41,249 | 3M Co | 2,374 | 0.42 | ||||||||
Other | 599 | 0.10 | |||||||||
2,973 | 0.52 | ||||||||||
TEXTILE MILL PRODUCTS | 188 | 0.03 | |||||||||
TOBACCO PRODUCTS | |||||||||||
123,160 | Philip Morris International, Inc | 5,359 | 0.94 | ||||||||
Other | 3,431 | 0.61 | |||||||||
8,790 | 1.55 | ||||||||||
TRANSPORTATION BY AIR | 2,730 | 0.48 | |||||||||
TRANSPORTATION EQUIPMENT | |||||||||||
56,747 | United Technologies Corp | 3,042 | 0.54 | ||||||||
Other | 10,549 | 1.86 | |||||||||
13,591 | 2.40 | ||||||||||
TRANSPORTATION SERVICES | 1,274 | 0.23 | |||||||||
TRUCKING AND WAREHOUSING | |||||||||||
39,870 | United Parcel Service, Inc (Class B) | 2,199 | 0.39 | ||||||||
Other | 601 | 0.10 | |||||||||
2,800 | 0.49 | ||||||||||
WATER TRANSPORTATION | 1,359 | 0.24 | |||||||||
WHOLESALE TRADE-DURABLE GOODS | 2,050 | 0.36 | |||||||||
WHOLESALE TRADE-NONDURABLE GOODS | 3,482 | 0.61 | |||||||||
TOTAL COMMON STOCKS | (Cost $610,825) | 565,451 | 99.74 | ||||||||
TOTAL PORTFOLIO | (Cost $610,825) | 565,451 | 99.74 | ||||||||
OTHER ASSETS & LIABILITIES, NET | 1,487 | 0.26 | |||||||||
NET ASSETS | $566,938 | 100.00 | % | ||||||||
14 | 2008 Annual Report n TIAA Separate Account VA-1 | See notes to financial statements |
SUMMARY PORTFOLIO OF INVESTMENTS | concluded |
STOCK INDEX ACCOUNT n DECEMBER 31, 2008
* | Non-income producing. |
** | Percentage represents less than 0.01%. |
Cost amounts are in thousands.
For ease of presentation, a number of industry classification categories have been grouped together in the Summary portfolio of investments. Note that the Account uses more specific industry categories in following its investment limitations on industry concentration.
See notes to financial statements | TIAA Separate Account VA-1 n 2008 Annual Report | 15 |
STATEMENT OF ASSETS AND LIABILITIES
TIAA SEPARATE ACCOUNT VA-1 n DECEMBER 31, 2008
(amounts in thousands, except accumulation units outstanding and accumulation unit value) | Stock Index Account | |||
ASSETS | ||||
Investments, at cost | $ | 610,825 | ||
Net unrealized appreciation (depreciation) of investments | (45,374 | ) | ||
Investments, at value | 565,451 | |||
Dividends and interest receivable | 1,205 | |||
Receivable from securities sold | 1,102 | |||
Total assets | 567,758 | |||
LIABILITIES | ||||
Amount due to bank | 787 | |||
Amount due to investment advisor | 33 | |||
Total liabilities | 820 | |||
NET ASSETS | ||||
Accumulation Fund | $ | 566,938 | ||
Accumulation units outstanding | 9,487,954 | |||
Accumulation unit value | $59.75 | |||
16 | 2008 Annual Report n TIAA Separate Account VA-1 | See notes to financial statements |
TIAA SEPARATE ACCOUNT VA-1 n FOR THE YEAR ENDED DECEMBER 31, 2008
(amounts in thousands) | Stock Index Account | |||
INVESTMENT INCOME | ||||
Income: | ||||
Dividends | $ | 16,972 | ||
Interest | 100 | |||
Securities lending income, net | 833 | |||
Total income | 17,905 | |||
EXPENSES | ||||
Investment advisory charges | 2,399 | |||
Administrative expenses | 1,600 | |||
Mortality and expense risk charges | 3,198 | |||
Total expenses before waiver | 7,197 | |||
Investment advisory charges waived | (1,839 | ) | ||
Net expenses | 5,358 | |||
Investment income – net | 12,547 | |||
REALIZED AND UNREALIZED GAIN (LOSS) ON TOTAL INVESTMENTS | ||||
Net realized gain (loss) on: | ||||
Portfolio investments | 10,526 | |||
Futures transactions | (251 | ) | ||
Net realized gain (loss) on total investments | 10,275 | |||
Net change in unrealized appreciation (depreciation) on: | ||||
Portfolio investments | (377,651 | ) | ||
Futures transactions | 31 | |||
Net change in unrealized appreciation (depreciation) on total investments | (377,620 | ) | ||
Net realized and unrealized gain (loss) on total investments | (367,345 | ) | ||
Net increase (decrease) in net assets resulting from operations | $ | (354,798 | ) | |
See notes to financial statements | TIAA Separate Account VA-1 n 2008 Annual Report | 17 |
STATEMENT OF CHANGES IN NET ASSETS
TIAA SEPARATE ACCOUNT VA-1 n FOR THE YEAR ENDED DECEMBER 31
Stock Index Account | ||||||||
(amounts in thousands) | 2008 | 2007 | ||||||
FROM OPERATIONS | ||||||||
Investment income – net | $ | 12,547 | $ | 12,171 | ||||
Net realized gain (loss) on investments | 10,275 | 33,390 | ||||||
Net change in unrealized appreciation (depreciation) on investments | (377,620 | ) | (137 | ) | ||||
Net increase (decrease) in net assets resulting from operations | (354,798 | ) | 45,424 | |||||
FROM CONTRACTOWNER TRANSACTIONS | ||||||||
Premiums | 15,488 | 19,369 | ||||||
Net contractowner transfers (to) from fixed account | (43,279 | ) | (13,882 | ) | ||||
Withdrawals and death benefits | (39,765 | ) | (57,663 | ) | ||||
Net (decrease) in net assets resulting from contractowner transactions | (67,556 | ) | (52,176 | ) | ||||
Net increase (decrease) in net assets | (422,354 | ) | (6,752 | ) | ||||
NET ASSETS | ||||||||
Beginning of year | 989,292 | 996,044 | ||||||
End of year | $ | 566,938 | $ | 989,292 | ||||
ACCUMULATION UNITS | ||||||||
Credited for premiums | 200 | 203 | ||||||
Cancelled for transfers and disbursements | (1,057 | ) | (740 | ) | ||||
Outstanding: | ||||||||
Beginning of year | 10,345 | 10,882 | ||||||
End of year | 9,488 | 10,345 | ||||||
18 | 2008 Annual Report n TIAA Separate Account VA-1 | See notes to financial statements |
TIAA SEPARATE ACCOUNT VA-1 n FOR THE YEAR ENDED
Stock Index Account | ||||||||||||||||
12/31/08 | 12/31/07 | 12/31/06 | 12/31/05 | 12/31/04 | ||||||||||||
FOR AN ACCUMULATION UNIT OUTSTANDING THROUGHOUT EACH YEAR | ||||||||||||||||
Investment income | $ | 1.758 | $ | 1.750 | $ | 1.568 | $ | 1.378 | $ | 1.359 | ||||||
Expenses | 0.484 | 0.575 | 0.584 | 0.519 | 0.468 | |||||||||||
Net investment income | 1.274 | 1.175 | 0.984 | 0.859 | 0.891 | |||||||||||
Net realized and unrealized gain (loss) on investments | (37.166 | ) | 2.979 | 10.909 | 3.222 | 6.727 | ||||||||||
Net change in accumulation unit value | (35.892 | ) | 4.154 | 11.893 | 4.081 | 7.618 | ||||||||||
Accumulation unit value: | ||||||||||||||||
Beginning of year | 95.646 | 91.492 | 79.599 | 75.518 | 67.900 | |||||||||||
End of year | $ | 59.754 | $ | 95.646 | $ | 91.492 | $ | 79.599 | $ | 75.518 | ||||||
TOTAL RETURN* | (37.53% | ) | 4.54% | 14.94% | 5.40% | 11.22% | ||||||||||
RATIOS TO AVERAGE NET ASSETS | ||||||||||||||||
Expenses before waiver | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% | |||||||||||
Expenses after waiver | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% | |||||||||||
Net investment income | 1.58% | 1.19% | 1.13% | 1.12% | 1.28% | |||||||||||
SUPPLEMENTAL DATA | ||||||||||||||||
Portfolio turnover rate | 7% | 6% | 7% | 6% | 5% | |||||||||||
Accumulation units | 9,488 | 10,345 | 10,882 | 11,598 | 12,123 | |||||||||||
Net assets at end of year† | $ | 566,938 | $ | 989,292 | $ | 996,044 | $ | 923,201 | $ | 915,478 | ||||||
* | Based on per accumulation data. |
† | Thousands |
See notes to financial statements | TIAA Separate Account VA-1 n 2008 Annual Report | 19 |
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. The variable annuity contracts were issued by TIAA. 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 accounting principles generally accepted in the United States of America (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.
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.
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.
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,
20 | 2008 Annual Report n TIAA Separate Account VA-1 |
continued |
as soon thereafter as the Account is informed of the ex-dividend 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.
Cash: The Account may hold cash with the custodian. The Account is charged a fee for any overdrafts.
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.
Lending Account’s securities exposes the Account to risks such as the following: (i) the borrower may fail to return the loaned securities; (ii) the borrower may not be able to provide additional collateral; (iii) the Account may experience delays in recovery of the loaned securities or delays in access to collateral; or (iv) the Account may experience losses related to the investment collateral. To minimize certain of these risks, loan counterparties pledge cash collateral equal to at least 102% of the market value of the securities loaned for U.S. securities and 105% of the market value of the securities loaned for foreign securities. However, these percentages are subject to daily market fluctuations which may cause the loans to be under collateralized for a period of time. All cash collateral may invest in the State Street Navigator Securities Lending Prime Portfolio. As of December 31, 2008, there were no securities out on loan.
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
TIAA Separate Account VA-1 n 2008 Annual Report | 21 |
NOTES TO FINANCIAL STATEMENTS |
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. There were no open futures contracts for the year ended December 31, 2008.
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 that are widely held and publicly traded.
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.
There are no unrecognized tax benefits in the accompanying financial statements. The Account is no longer subject to income tax examinations by tax authorities for years before 2005.
Transactions with affiliates: The Account may purchase or sell investment securities in transactions with affiliated entities under procedures adopted by the Management Committee, pursuant to the Investment Company Act of 1940. These transactions are effected at market rates without incurring broker commissions.
Indemnification: In the normal course of business, the Account enters into contracts that contain a variety of representations and warranties and that provide general indemnities. The Account’s maximum exposure under these arrangements is unknown, as this would involve future claims against the Account that have not yet occurred. Also, under the Account’s organizational documents, the Managers and Officers of 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.
Fair value measurement: In September 2006, the Financial Accounting Standards Board (“FASB”) issued Statement of Accounting Standards No. 157, “Fair Value Measurement” (“SFAS 157”). SFAS 157 defines fair value, establishes a framework for measuring fair value under accounting principles accepted in the United States of America (“GAAP”) and expands disclosure about fair value measurements. SFAS 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007. SFAS 157 was adopted by the Account as of January 1, 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) |
22 | 2008 Annual Report n TIAA Separate Account VA-1 |
continued |
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 December 31, 2008:
Investments in Securities | Other Financial Instruments* | |||||
Level 1 | $ | 565,451,169 | $ | — | ||
Level 2 | — | — | ||||
Level 3 | 50 | — | ||||
Total | $ | 565,451,219 | $ | — |
* | Other financial instruments are derivative instruments not reflected in the Portfolio of Investments, such as futures, forwards and swap contracts, which are valued at the unrealized appreciation/depreciation on the instrument. |
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 (“FINRA”). 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. 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 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 December 31, 2008, net unrealized depreciation based on aggregate cost of portfolio investments was $(45,374,448), consisting of gross unrealized appreciation of $147,396,683 and gross unrealized depreciation of $(192,771,131).
TIAA Separate Account VA-1 n 2008 Annual Report | 23 |
NOTES TO FINANCIAL STATEMENTS | concluded |
Purchases and sales of portfolio securities, excluding short-term government securities and money market instruments, for the year ended December 31, 2008, were $57,199,217 and $109,975,585, respectively.
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 the Account. 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 year ended December 31, 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 financial statements.
Note 6—subsequent event
Effective May 1, 2009, the Advisors voluntary investment advisory fee waiver on the Account will be reduced from 0.23% to 0.15%. Currently, the annual investment advisory charge rate is 0.30% of the net assets of the Account. The daily deduction will change from 0.07% to 0.15% of the net assets.
24 | 2008 Annual Report n TIAA Separate Account VA-1 |
REPORT OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM
To the Management Committee and Contractowners of TIAA Separate Account VA-1:
In our opinion, the accompanying statement of assets and liabilities, including the summary portfolio of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of the Stock Index Account of TIAA Separate Account VA-1 (hereafter referred to as “VA-1”) at December 31, 2008, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended, and the financial highlights for each of the four years in the period then ended, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as “financial statements”) are the responsibility of VA-1’s management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at December 31, 2008 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion. The financial highlights for the year ended December 31, 2004 were audited by other auditors whose report dated February 25, 2005 expressed an unqualified opinion on those financial highlights.
/s/ PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
New York, NY
February 24, 2009
TIAA Separate Account VA-1 n 2008 Annual Report | 25 |
TIAA SEPARATE ACCOUNT VA-1 MANAGEMENT COMMITTEE MEMBERS AND OFFICERS n DECEMBER 31, 2008
Disinterested members
Name, Address and Date of Birth (“DOB”) | Position(s) Held with | Term of Office and Length of Time Served | Principal Occupation(s) During Past 5 Years | Number of Portfolios in Fund Complex Overseen by Member | Other Directorships Held by Members | |||||
Forrest Berkley c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 4/25/1954 | Member | Indefinite term. Member since 2006. | Retired Partner (since 2006); Partner (1990-2005) and Head of Global Product Management (2003-2005), GMO (formerly, Grantham, Mayo, Van Otterloo & Co.) (investment management); and member of asset allocation portfolio management team, GMO (2003-2005). | 61 | Director and member of the Investment Committee, the Maine Coast Heritage Trust, Investment Committee member, Gulf of Maine Research Institute, the Boston Athenaeum, Investment Maine Community Foundation and Carnegie Endowment for International Peace; and Director, Appalachian Mountain Club. | |||||
Nancy A. Eckl c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 10/6/1962 | Member | Indefinite term. Member since September 2007. | Former Vice President (1990-2006), American Beacon Advisors, Inc. and Vice President of certain funds advised by American Beacon Advisors, Inc. | 61 | Independent Director, the Lazard Funds, Inc., Lazard Retirement Series, Inc., Lazard Global Total Return and Income Fund, Inc. and Lazard World Dividend and Income Fund, Inc. and Member of the Board of Managers of Lazard Alternative Strategies Fund, LLC. | |||||
Eugene Flood, Jr. c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 10/31/1955 | Member | Indefinite term. Member since 2005. | President, and Chief Executive Officer (since 2000) and a Director (since 1994) of Smith Breeden Associates, Inc. (investment advisor). | 61 | None |
26 | 2008 Annual Report n TIAA Separate Account VA-1 |
Michael A. Forrester c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 11/05/67 | Member | Indefinite term. Member since 2007 | Chief Operating Officer, Copper Rock Capital Partners (since September 2007). Formerly Chief Operating Officer, DDJ Capital Management (2003-2006); and Executive Vice President (2000-2002), Senior Vice President (1995-2000) and Vice President (1992-1995), Fidelity Investments. | 61 | None | |||||
Howell E. Jackson c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 1/4/1954 | Member | Indefinite term. Member since 2005. | James S. Reid, Jr. Professor of Law (since 2004), Vice Dean for Budget (2003-2006) and on the faculty (since 1989) of Harvard Law School. | 61 | None | |||||
Nancy L. Jacob c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 1/15/1943 | Chairman of the Management Committee, Member | Indefinite term. Member since 2001. | President and Founder (since October 2006) of NLJ Advisors, Inc. (investment advisor). Formerly, President and Managing Principal, Windermere Investment Associates (1997-June 2006), Chairman and Chief Executive Officer, CTC Consulting, Inc. (1994-1997) and Executive Vice President, U.S. Trust Company of the Pacific Northwest (1993-1997). | 61 | Director and Chairman of the Investment Committee of the Okabena Company (financial services). |
TIAA Separate Account VA-1 n 2008 Annual Report | 27 |
MANAGEMENT (UNAUDITED) | continued |
TIAA SEPARATE ACCOUNT VA-1 MANAGEMENT COMMITTEE MEMBERS AND OFFICERS n DECEMBER 31, 2008
Disinterested members—continued
Name, Address and Date of Birth (“DOB”) | Position(s) Held with | Term of Office and Length of Time Served | Principal Occupation(s) During Past 5 Years | Number of Portfolios in Fund Complex Overseen by Member | Other Directorships Held by Members | |||||
Bridget A. Macaskill c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 8/5/48 | Member | Indefinite term. Member since 2003. | Principal, BAM Consulting LLC (since 2003), Independent Consultant for Merrill Lynch (since 2003). Formerly, Chairman, Oppenheimer Funds, Inc. (2000-2001). Chief Executive Officer (1995-2001); President (1991-2000); and Chief Operating Officer (1989-1995) of that firm. | 61 | Director, Prudential plc, International Advisory Board, and British-American Business Council. | |||||
James M. Poterba c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 7/13/58 | Member | Indefinite term. Member since 2006. | President and CEO, National Bureau of Economic Research (since 2008); Head (2006-2008) and Associate Head (1994-2000 and 2001–2006) Economics Department, Massachusetts Institute of Technology (MIT), Mitsui Professor of Economics, MIT (1996-present). Program Director, National Bureau of Economic Research (1990-2008). | 61 | The Jeffrey Company and Jeflion Company (unregistered investment companies); and National Bureau of Economic Research. |
28 | 2008 Annual Report n TIAA Separate Account VA-1 |
Maceo K. Sloan c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 10/18/49 | Member | Indefinite term. Member since 2001. | Chairman, President and Chief Executive Officer, Sloan Financial Group, Inc. (since 1991); Chairman, CEO and CIO, NCM Capital Management Group, Inc. (since 1991); and Chairman and CEO, NCM Capital Advisers Inc. (since 2003). | 61 | Director, SCANA Corporation (energy holding company) and NCM Capital Investment Trust. | |||||
Laura T. Starks c/o Corporate Secretary 730 Third Avenue New York, NY 10017-3206 DOB: 2/17/50 | Member | Indefinite term. Member since 2006. | Chairman, Department of Finance, the Charles E. and Sarah M. Seay Regents Chair in Finance (since 2002-present), and Director, AIM Investment Center, McCombs School of Business, University of Texas at Austin (2000-present); Professor, University of Texas at Austin (1987-present); Fellow, Financial Management Association (2002-present). Associate Dean for Research (2001-2002), Associate Director of Research, the Center for International Business Education and Research, University of Texas at Austin (2002-2003) and Director of the Bureau of Business Research, University of Texas at Austin (2001-2002). | 61 | None |
TIAA Separate Account VA-1 n 2008 Annual Report | 29 |
MANAGEMENT (UNAUDITED) | continued |
TIAA SEPARATE ACCOUNT VA-1 MANAGEMENT COMMITTEE MEMBERS AND OFFICERS n DECEMBER 31, 2008
Officers
Name, Address and Date of Birth (“DOB”) | Position(s) Held with Account | Term of Office and Length of Time Served | Principal Occupation(s) During Past 5 Years | |||
Mary (Maliz) E. Beams TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 3/29/56 | Executive Vice President | One-year term. Executive Vice President since September 2007. | Executive Vice President of Client Services of TIAA and TIAA-CREF Funds, CREF, TIAA-CREF Life Funds and TIAA Separate Account VA-1 (collectively, the “TIAA-CREF Fund Complex”) (since August 2008); Executive Vice President of Individual Client Services of TIAA and the TIAA-CREF Fund Complex (2007-2008). President and Chief Executive Officer, TIAA-CREF Individual & Institutional Services, LLC (“Services”) (since July 2007); Senior Managing Director and Head of Wealth Management Group, TIAA (since 2004). Formerly Partner, Spyglass Investments (2002-2003); Partner and Managing Director, President of Global Business Development for the Mutual Fund Group and Head of International Mutual Fund and Offshore Business of Zurich Scudder Investments; and Head of U.S. Scudder Direct Retail Business and Chief Executive Officer of Scudder Brokerage (1997-2003). | |||
Richard S. Biegen TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB; 5/8/62 | Vice President and Chief Compliance Officer | One-year term. Vice President and Chief Compliance Officer since February 2008. | Chief Compliance Officer of the TIAA-CREF Fund Complex, Vice President Senior Compliance Officer Asset Management Compliance of TIAA and Chief Compliance Officer of Teachers Advisors, Inc. (“Advisors”) and TIAA-CREF Investment Management, LLC (“TCIM”) (since 2008). Formerly, Managing Director/Director of Global Compliance, AIG Global Investment Group (2000-2008); Senior Vice President/Group Head, Regulatory Oversight Group, Scudder Kemper Investments, Inc. (1998-2000); Chief Compliance Officer/Vice President, Legal Department, Salomon Brothers Asset Management, Inc. (1997-1998); Assistant General Counsel/Director, Securities Law Compliance, the Prudential Insurance Company of America (1994-1997); and Enforcement Staff Attorney, U.S. Securities and Exchange Commission (1998-1994). |
30 | 2008 Annual Report n TIAA Separate Account VA-1 |
Scott C. Evans TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 5/11/59 | Executive Vice President | One-year term. Executive Vice President since 1997. | Principal Executive Officer and President of TIAA-CREF Funds and TIAA-CREF Life Funds (since 2007); Executive Vice President (since 1999) of TIAA, CREF and TIAA Separate Account VA-1 and Head of Asset Management (since 2006) of TIAA; Director of Teachers Personal Investors Services, Inc. (“TPIS”) (since 2006) and Advisors (since 2004). President and Chief Executive Officer of Investment Management and Advisors, and Manager of Investment Management (since 2004). Executive Vice President and Head of Asset Management of the TIAA-CREF Mutual Funds (2006-2007). Formerly, Manager of TIAA Realty Capital Management, LLC (2004-2006), Chief Investment Officer of TIAA (2004-2006) and the TIAA-CREF Fund Complex (2003-2005). | |||
Jonathan Feigelson TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 1/10/62 | Senior Vice President and Acting General Counsel | One-year term. Senior Vice President and Acting General Counsel since October 2008. | Senior Vice President and Acting General Counsel of the TIAA-CREF Fund Complex (since 2008); Senior Vice President and Deputy General Counsel of TIAA (since August 2006). Formerly, Managing Director and General Counsel, ABN AMRO (2002-August 2006). | |||
Roger W. Ferguson, Jr. TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 10/28/51 | President and Chief Executive Officer | One-year term. President and Chief Executive Officer since 2008. | President and Chief Executive Officer of TIAA (since April 2008), and President and Chief Executive Officer of CREF and TIAA Separate Account VA-1 (since April 2008). Formerly, Chairman, Head of Financial Services and Member of the Executive Committee of Swiss Re America Holding Corporation (2006-2008); Vice Chairman and Member of the Board of Governors of the United States Federal Reserve System (1997-2006); Partner and Associate, McKinsey & Company (1984-1997). | |||
Phillip G. Goff TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 11/22/63 | Treasurer | One-year term. Treasurer since 2008. | Treasurer of CREF and TIAA Separate Account VA-1 (since August 2008); and Principal Financial Officer, Principal Accounting Officer and Treasurer of the TIAA-CREF Funds and TIAA-CREF Life Funds (since 2007). Formerly Funds Treasurer (2006-2/2007) of TIAA-CREF Fund Complex; Chief Financial Officer, Van Kampen Funds (2005-2006); and Vice President and Chief Financial Officer, Enterprise Capital Management and the Enterprise Group of Funds (1995-2005). |
TIAA Separate Account VA-1 n 2008 Annual Report | 31 |
MANAGEMENT (UNAUDITED) | concluded |
TIAA SEPARATE ACCOUNT VA-1 MANAGEMENT COMMITTEE MEMBERS AND OFFICERS n DECEMBER 31, 2008
Officers—continued
Name, Address and Date of Birth (“DOB”) | Position(s) Held with Account | Term of Office and Length of Time Served | Principal Occupation(s) During Past 5 Years | |||
I. Steven Goldstein TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 9/24/52 | Executive Vice President | One-year term. Executive Vice President since 2003. | Executive Vice President of TIAA and the TIAA-CREF Fund Complex (since 2003). Formerly, Director of TIAA-CREF Life (2003-2006); Advisor for McKinsey & Company (2003); Vice President, Corporate Communications for Dow Jones & Co. and The Wall Street Journal (2001-2002); and Senior Vice President and Chief Communications Officer for Insurance Information Institute (1993-2001). | |||
Erwin W. Martens TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 3/18/56 | Executive Vice President | One-year term. Executive Vice President since 2003. | Executive Vice President, Risk Management, of TIAA and the TIAA-CREF Fund Complex (since 2003). Director of Advisors, TPIS, and Manager of Investment Management. Formerly, Managing Director and Chief Risk Officer, Putnam Investments (1999-2003); and Head and Deputy Head of Global Market Risk Management, Lehman Brothers (1997-1999). | |||
William Mostyn III TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 1/1/48 | Vice President and Corporate Secretary | One-year term. Vice President and Corporate Secretary since May 2008. | Vice President and Corporate Secretary of TIAA and the TIAA-CREF Fund Complex (since May 2008). Formerly, Deputy General Counsel and Corporate Secretary, Bank of America (2005-2008); and Deputy General Counsel, Secretary and Corporate Governance Officer, The Gillette Company (2000-2005). | |||
Dermot J. O’Brien TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 3/13/66 | Executive Vice President | One-year term. Executive Vice President since 2003. | Executive Vice President, Human Resources & Corporate Services of TIAA and the TIAA-CREF Fund Complex (since 2003). Formerly Director, TIAA-CREF Life (2003-2006); First Vice President and Head of Human Resources, International Private Client Division and Global Debt Markets, Merrill Lynch & Co. (1999-2003); and Vice President and Head of Human Resources, Japan Morgan Stanley (1998-1999). |
32 | 2008 Annual Report n TIAA Separate Account VA-1 |
Georganne C. Proctor TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 10/25/56 | Executive Vice President and Chief Financial Officer | One-year term. Executive Vice President and Chief Financial Officer since 2006. | Executive Vice President and Chief Financial Officer of TIAA, CREF and TIAA Separate Account VA-1 (since 2006). Manager and Executive Vice President of TCIM; and Director and Executive Vice President of Advisors. Formerly Executive Vice President and Chief Financial Officer of TIAA-CREF Life Funds, TIAA-CREF Mutual Funds and TIAA-CREF Institutional Mutual Funds (2006–2/2007); Executive Vice President, Finance, Golden West Financial Corporation (2003-2005) and Senior Vice President, Chief Financial Officer and Director, Bechtel Group, Inc. (1999-2002). | |||
Cara L. Schnaper TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 2/13/54 | Executive Vice President | One-year term. Executive Vice President since 2008. | Executive Vice President, Technology and Operations of TIAA, and Executive Vice President of the TIAA-CREF Fund Complex (since February 2008). Formerly Principal, Market Resolve LLC (2006-February 2008); and Head, Middle Office, Investment Banking (2000-2002), Head Technology and Operations, Equities (1999-2000) and Chief Operating Officer Technology and Operations, Emerging Markets, Foreign Exchange and Commodities (1997-1999) JP Morgan Chase & Co. | |||
Bertram L. Scott TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 3/26/51 | Executive Vice President | One-year term. Executive Vice President since 2001. | Executive Vice President Institutional Development and Sales of TIAA and the TIAA-CREF Fund Complex (since 2008); Executive Vice President, Strategy Implementation and Policy of TIAA and the TIAA-CREF Fund Complex (2006-2008); and Director and President of TIAA-CREF Enterprises, Inc. (since 2000). Formerly, Executive Vice President, Product Management of TIAA and TIAA-CREF Fund Complex (2000-2005); President and Chief Executive Officer, Horizon Mercy (1996-2000). | |||
Edward D. Van Dolsen TIAA-CREF 730 Third Avenue New York, NY 10017-3206 DOB: 4/21/58 | Executive Vice President | One-year term. Executive Vice President since January 2006. | Executive Vice President, Product Development and Management of TIAA and the TIAA-CREF Fund Complex (since 2008); Executive Vice President, Institutional Client Services (2006-2008); Director of Tuition Financing and Manager of Services (2006); President and CEO, TIAA-CREF Redwood LLC (2006). Formerly Senior Vice President, Pension Products (2003-2006), Vice President, Support Services (1998-2003), of TIAA and the TIAA-CREF Fund Complex. | |||
Please note that the Account’s Statement of Additional Information (SAI) includes additional information about the Account’s members and is available, without charge, through our website, tiaa-cref.org, or by telephone at 800 223-1200. |
TIAA Separate Account VA-1 n 2008 Annual Report | 33 |
TIAA-CREF WEBSITE
Account performance, personal account information and transactions, product descriptions, and information about investment choices and income options
tiaa-cref.org
24 hours a day, 7 days a week
AUTOMATED TELEPHONE SERVICE
Check account performance and accumulation balances, change allocations, transfer funds and verify credited premiums
800 842-2252
24 hours a day, 7 days a week
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 6 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 of any account before investing. For a prospectus that contains this and other important information, please visit tiaa-cref.org, or call 800 223-1200. 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.
©2009 Teachers Insurance and Annuity Association—College Retirement Equities Fund (TIAA-CREF), New York, NY 10017-3206
Item 2. | Code of Ethics. |
2(a) The Management Committee of TIAA Separate Account VA-1 (the “Registrant”) has adopted a code of ethics for senior financial officers, including the Registrant’s principal executive officer, principal financial officer, principal accounting officer, or controller, and persons performing similar functions, in conformity with rules promulgated under the Sarbanes-Oxley Act of 2002.
2(b) No response required.
2(c) During the reporting period, there were no amendments to the code of ethics.
2(d) During the reporting period, there were no implicit or explicit waivers granted by the Registrant from any provision of the code of ethics.
2(e) Not applicable.
2(f) A copy of the current code of ethics is filed as an exhibit to this Form N-CSR.
Item 3. | Audit Committee Financial Expert. |
3(a)(1) The Registrant’s Management Committee has determined that the Registrant has at least one audit committee financial expert serving on its Audit Committee.
3(a)(2) Maceo K. Sloan is the Registrant’s audit committee financial expert for the reporting period and is “independent” for purposes of Item 3 of Form N-CSR.
Item 4. | Principal Accountant Fees and Services. |
PricewaterhouseCoopers LLP (“PwC”) performs independent audits of the Registrant’s financial statements. To maintain auditor independence and avoid the appearance of conflicts of interest, the Registrant, as a policy, does not engage PwC for management advisory or consulting services.
4(a) Audit Fees.
For the fiscal years ended December 31, 2008 and December 31, 2007, PwC’s aggregate fees for the audit of the Registrant’s annual financial statements were $132,080 and $127,000, respectively.
4(b) Audit Related Fees.
For the fiscal years ended December 31, 2008 and December 31, 2007, PwC’s aggregate fees for services related to the performance of the audit of the Registrant’s annual financial statements were $0 and $0, respectively.
For the fiscal years ended December 31, 2008 and December 31, 2007, the Audit-Related Fees billed by PwC to Teachers Advisors, Inc. (“Advisors”) or to any entity controlling, controlled by or under common control with Advisors that provides ongoing services to the Registrant (collectively, “Fund Service Providers”) were $0 and $0, respectively.
4(c) Tax Fees.
For the fiscal years ended December 31, 2008 and December 31, 2007, PwC’s aggregate fees for tax services billed to the Registrant were $0 and $0, respectively.
For the fiscal years ended December 31, 2008 and December 31, 2007, PwC’s aggregate fees for tax services billed to the Fund Service Providers were $0 and $0, respectively.
4(d) All Other Fees.
For the fiscal years ended December 31, 2008 and December 31, 2007, PwC’s aggregate fees for all other services billed to the Registrant were $0 and $0, respectively.
For the fiscal years ended December 31, 2008 and December 31, 2007, PwC’s aggregate fees for all other services billed to the Fund Service Providers were $0 and $0, respectively.
4(e)(1) Preapproval Policy.
The Registrant’s audit committee (“Audit Committee”) has adopted a Preapproval Policy for External Audit Firm Services (the “Policy”). The Policy describes the types of services that may be provided by the independent auditor to the Registrant and certain of its affiliates without
impairing the auditor’s independence. Under the Policy, the Audit Committee is required to preapprove all services to be performed by the Registrant’s independent auditor in order to ensure that such services do not impair the auditor’s independence.
The Policy requires the Audit Committee to: (i) appoint the independent auditor to perform the financial statements audit for the Registrant and certain of its affiliates, including approving the terms of the engagement, and (ii) preapprove the audit, audit-related, tax and other services to be provided by the independent auditor to the Registrant and certain of its affiliates and the fees to be charged for provision of such services from year to year.
4(e)(2) Services provided pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X (the “de minimis exception”):
Audit-Related Fees:
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception for the fiscal years ended December 31, 2008 and December 31, 2007 on behalf of the Registrant.
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception for the fiscal years ended December 31, 2008 and December 31, 2007 on behalf of the Fund Service Providers that relate directly to the operations and financial reporting of the Registrant.
Tax Fees:
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception for the fiscal years ended December 31, 2008 and December 31, 2007 on behalf of the Registrant.
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception for the fiscal years ended December 31, 2008 and December 31, 2007 on behalf of the Fund Service Providers that relate directly to the operations and financial reporting of the Registrant.
All Other Fees:
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception for the fiscal years ended December 31, 2008 and December 31, 2007 on behalf of the Registrant.
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception for the fiscal years ended December 31, 2008 and December 31, 2007 on behalf of the Fund Service Providers that relate directly to the operations and financial reporting of the Registrant.
4(f) The percentage of hours expended by PwC’s engagement to audit the Registrant’s financial statements for the most recent fiscal year attributable to work performed by persons other than PwC’s full-time, permanent employees was less than 50%.
4(g) Non-Audit Fees for Related Entities.
For the fiscal years ended December 31, 2008 and December 31, 2007, aggregate non-audit fees billed to the Registrant and to its Fund Service Providers by PwC were $0 and $0, respectively.
4(h) The Registrant’s Audit Committee has considered whether the non-audit services that were rendered by PwC to the Registrant’s Fund Service Providers that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X are compatible with maintaining PwC’s independence.
Item 5. | Audit Committee of Listed Registrants. |
Not Applicable.
Item 6. | Schedule of Investments. |
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
TIAA SEPARATE ACCOUNT VA-1
STOCK INDEX ACCOUNT
SCHEDULE OF INVESTMENTS
December 31, 2008
SHARES | COMPANY | VALUE (000) | |||||
COMMON STOCKS—99.74% | |||||||
AGRICULTURAL PRODUCTION-CROPS—0.01% | |||||||
2,584 | * | Chiquita Brands International, Inc | $ | 38 | |||
TOTAL AGRICULTURAL PRODUCTION-CROPS | 38 | ||||||
AGRICULTURAL PRODUCTION-LIVESTOCK—0.01% | |||||||
803 | Cal-Maine Foods, Inc | 23 | |||||
23 | Seaboard Corp | 28 | |||||
TOTAL AGRICULTURAL PRODUCTION-LIVESTOCK | 51 | ||||||
AGRICULTURAL SERVICES—0.00%** | |||||||
727 | * | Cadiz, Inc | 9 | ||||
TOTAL AGRICULTURAL SERVICES | 9 | ||||||
AMUSEMENT AND RECREATION SERVICES—0.52% | |||||||
3,321 | * | Bally Technologies, Inc | 80 | ||||
433 | Churchill Downs, Inc | 18 | |||||
978 | Dover Downs Gaming & Entertainment, Inc | 3 | |||||
1,772 | International Speedway Corp (Class A) | 51 | |||||
1,967 | * | Life Time Fitness, Inc | 25 | ||||
3,817 | * | Live Nation, Inc | 22 | ||||
4,563 | * | Penn National Gaming, Inc | 98 | ||||
3,407 | * | Pinnacle Entertainment, Inc | 26 | ||||
4,554 | * | Six Flags, Inc | 1 | ||||
1,000 | Speedway Motorsports, Inc | 16 | |||||
2,163 | * | Ticketmaster | 14 | ||||
1,000 | * | Town Sports International Holdings, Inc | 3 | ||||
110,932 | Walt Disney Co | 2,517 | |||||
2,602 | Warner Music Group Corp | 8 | |||||
2,631 | * | WMS Industries, Inc | 71 | ||||
1,461 | World Wrestling Entertainment, Inc (Class A) | 16 | |||||
TOTAL AMUSEMENT AND RECREATION SERVICES | 2,969 | ||||||
APPAREL AND ACCESSORY STORES—0.47% | |||||||
5,174 | Abercrombie & Fitch Co (Class A) | 119 | |||||
3,747 | * | Aeropostale, Inc | 60 | ||||
1,967 | * | American Apparel, Inc | 4 | ||||
9,979 | American Eagle Outfitters, Inc | 94 | |||||
3,358 | * | AnnTaylor Stores Corp | 19 | ||||
1,533 | Bebe Stores, Inc | 11 | |||||
2,844 | Brown Shoe Co, Inc | 24 | |||||
1,123 | Buckle, Inc | 25 | |||||
664 | * | Cache, Inc | 1 | ||||
3,338 | * | Carter’s, Inc | 64 | ||||
2,400 | * | Casual Male Retail Group, Inc | 1 | ||||
2,074 | Cato Corp (Class A) | 31 | |||||
1,406 | * | Charlotte Russe Holding, Inc | 9 | ||||
6,864 | * | Charming Shoppes, Inc | 17 | ||||
10,787 | * | Chico’s FAS, Inc | 45 | ||||
1,410 | * | Children’s Place Retail Stores, Inc | 31 | ||||
2,493 | Christopher & Banks Corp | 14 | |||||
836 | * | Citi Trends, Inc | 12 | ||||
3,907 | * | Collective Brands, Inc | 46 | ||||
3,000 | * | Dress Barn, Inc | 32 | ||||
1,051 | * | DSW, Inc (Class A) | 13 | ||||
931 | Finish Line, Inc (Class A) | 5 | |||||
9,500 | Foot Locker, Inc | 70 | |||||
27,548 | Gap, Inc | 369 |
1
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
5,429 | * | Hanesbrands, Inc | $ | 69 | |||
2,222 | * | HOT Topic, Inc | 21 | ||||
2,305 | * | J Crew Group, Inc | 28 | ||||
1,141 | * | JOS A Bank Clothiers, Inc | 30 | ||||
17,992 | * | Kohl’s Corp | 651 | ||||
17,043 | Limited Brands, Inc | 171 | |||||
888 | * | New York & Co, Inc | 2 | ||||
10,895 | Nordstrom, Inc | 145 | |||||
4,283 | * | Pacific Sunwear Of California, Inc | 7 | ||||
7,985 | Ross Stores, Inc | 237 | |||||
517 | * | Shoe Carnival, Inc | 5 | ||||
2,847 | Stage Stores, Inc | 24 | |||||
1,200 | Talbots, Inc | 3 | |||||
1,080 | * | Tween Brands, Inc | 5 | ||||
1,963 | * | Under Armour, Inc (Class A) | 47 | ||||
6,538 | * | Urban Outfitters, Inc | 98 | ||||
4,270 | * | Wet Seal, Inc (Class A) | 13 | ||||
TOTAL APPAREL AND ACCESSORY STORES | 2,672 | ||||||
APPAREL AND OTHER TEXTILE PRODUCTS—0.14% | |||||||
762 | Columbia Sportswear Co | 27 | |||||
811 | * | G-III Apparel Group Ltd | 5 | ||||
3,607 | Guess ?, Inc | 55 | |||||
1,699 | * | Gymboree Corp | 44 | ||||
5,065 | Jones Apparel Group, Inc | 30 | |||||
5,941 | Liz Claiborne, Inc | 16 | |||||
800 | * | Lululemon Athletica, Inc | 7 | ||||
1,392 | * | Maidenform Brands, Inc | 14 | ||||
3,068 | Phillips-Van Heusen Corp | 62 | |||||
3,355 | Polo Ralph Lauren Corp (Class A) | 152 | |||||
7,612 | * | Quiksilver, Inc | 14 | ||||
836 | * | True Religion Apparel, Inc | 10 | ||||
5,221 | VF Corp | 286 | |||||
2,259 | * | Warnaco Group, Inc | 44 | ||||
TOTAL APPAREL AND OTHER TEXTILE PRODUCTS | 766 | ||||||
AUTO REPAIR, SERVICES AND PARKING—0.06% | |||||||
646 | * | Amerco, Inc | 22 | ||||
1,436 | * | Dollar Thrifty Automotive Group, Inc | 2 | ||||
18,898 | * | Hertz Global Holdings, Inc | 96 | ||||
1,073 | * | Midas, Inc | 11 | ||||
873 | Monro Muffler, Inc | 22 | |||||
3,349 | Ryder System, Inc | 130 | |||||
672 | * | Standard Parking Corp | 13 | ||||
2,627 | * | Wright Express Corp | 33 | ||||
TOTAL AUTO REPAIR, SERVICES AND PARKING | 329 | ||||||
AUTOMOTIVE DEALERS AND SERVICE STATIONS—0.19% | |||||||
5,814 | Advance Auto Parts | 196 | |||||
580 | * | America’s Car-Mart, Inc | 8 | ||||
1,889 | Asbury Automotive Group, Inc | 9 | |||||
6,910 | * | Autonation, Inc | 68 | ||||
2,161 | * | Autozone, Inc | 301 | ||||
13,246 | * | Carmax, Inc | 104 | ||||
3,576 | * | Copart, Inc | 97 | ||||
1,048 | * | MarineMax, Inc | 4 | ||||
8,126 | * | O’Reilly Automotive, Inc | 250 | ||||
2,440 | Penske Auto Group, Inc | 19 |
2
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
2,119 | * | Rush Enterprises, Inc (Class A) | $ | 18 | |||
1,793 | Sonic Automotive, Inc (Class A) | 7 | |||||
TOTAL AUTOMOTIVE DEALERS AND SERVICE STATIONS | 1,081 | ||||||
BUILDING MATERIALS AND GARDEN SUPPLIES—0.77% | |||||||
967 | * | Builders FirstSource, Inc | 2 | ||||
7,745 | Fastenal Co | 270 | |||||
98,878 | Home Depot, Inc | 2,276 | |||||
85,187 | Lowe’s Cos, Inc | 1,833 | |||||
TOTAL BUILDING MATERIALS AND GARDEN SUPPLIES | 4,381 | ||||||
BUSINESS SERVICES—6.68% | |||||||
25,632 | * | 3Com Corp | 58 | ||||
813 | * | 3D Systems Corp | 6 | ||||
2,635 | Aaron Rents, Inc | 70 | |||||
2,600 | ABM Industries, Inc | 50 | |||||
873 | * | ACI Worldwide, Inc | 14 | ||||
35,506 | * | Activision Blizzard, Inc | 307 | ||||
3,677 | * | Actuate Corp | 11 | ||||
3,887 | Acxiom Corp | 32 | |||||
1,377 | Administaff, Inc | 30 | |||||
31,344 | * | Adobe Systems, Inc | 667 | ||||
828 | * | Advent Software, Inc | 17 | ||||
5,378 | * | Affiliated Computer Services, Inc (Class A) | 247 | ||||
2,801 | Aircastle Ltd | 13 | |||||
9,967 | * | Akamai Technologies, Inc | 150 | ||||
4,010 | * | Alliance Data Systems Corp | 187 | ||||
11,673 | * | Amdocs Ltd | 213 | ||||
2,166 | * | American Reprographics Co | 15 | ||||
2,116 | * | AMN Healthcare Services, Inc | 18 | ||||
5,100 | * | Ansys, Inc | 142 | ||||
1,600 | Arbitron, Inc | 21 | |||||
5,091 | * | Ariba, Inc | 37 | ||||
7,187 | * | Art Technology Group, Inc | 14 | ||||
1,058 | * | Asset Acceptance Capital Corp | 5 | ||||
1,233 | * | athenahealth, Inc | 46 | ||||
13,372 | * | Autodesk, Inc | 263 | ||||
30,321 | Automatic Data Processing, Inc | 1,193 | |||||
6,370 | * | Avis Budget Group, Inc | 4 | ||||
2,932 | * | Avocent Corp | 53 | ||||
631 | * | Bankrate, Inc | 24 | ||||
1,565 | BGC Partners, Inc (Class A) | 4 | |||||
2,836 | Blackbaud, Inc | 38 | |||||
1,799 | * | Blackboard, Inc | 47 | ||||
1,746 | * | Blue Coat Systems, Inc | 15 | ||||
11,440 | * | BMC Software, Inc | 308 | ||||
862 | * | Bottomline Technologies, Inc | 6 | ||||
3,603 | * | BPZ Energy, Inc | 23 | ||||
3,069 | Brady Corp (Class A) | 74 | |||||
2,433 | Brink’s Co | 65 | |||||
2,433 | * | Brink’s Home Security Holdings, Inc | 53 | ||||
23,248 | CA, Inc | 431 | |||||
1,901 | * | CACI International, Inc (Class A) | 86 | ||||
14,981 | * | Cadence Design Systems, Inc | 55 | ||||
1,751 | * | Callidus Software, Inc | 5 | ||||
849 | * | Capella Education Co | 50 | ||||
1,800 | * | Cavium Networks, Inc | 19 | ||||
3,710 | * | CBIZ, Inc | 32 | ||||
4,020 | * | Cerner Corp | 155 | ||||
2,005 | * | Chordiant Software, Inc | 5 | ||||
3,700 | * | Ciber, Inc | 18 | ||||
10,454 | * | Citrix Systems, Inc | 246 |
3
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
2,400 | * | Clear Channel Outdoor Holdings, Inc (Class A) | $ | 15 | |||
620 | * | Clinical Data, Inc | 6 | ||||
3,055 | * | Cogent Communications Group, Inc | 20 | ||||
2,800 | * | Cogent, Inc | 38 | ||||
2,776 | Cognex Corp | 41 | |||||
17,286 | * | Cognizant Technology Solutions Corp (Class A) | 312 | ||||
2,159 | * | Commvault Systems, Inc | 29 | ||||
840 | Compass Diversified Trust | 9 | |||||
869 | * | Compellent Technologies, Inc | 8 | ||||
602 | Computer Programs & Systems, Inc | 16 | |||||
8,338 | * | Computer Sciences Corp | 293 | ||||
15,643 | * | Compuware Corp | 106 | ||||
839 | * | COMSYS IT Partners, Inc | 2 | ||||
2,581 | * | Concur Technologies, Inc | 85 | ||||
1,230 | * | Constant Contact, Inc | 16 | ||||
7,100 | * | Convergys Corp | 46 | ||||
1,115 | * | CoStar Group, Inc | 37 | ||||
1,476 | * | CSG Systems International, Inc | 26 | ||||
3,935 | * | Cybersource Corp | 47 | ||||
1,981 | * | Data Domain, Inc | 37 | ||||
2,053 | * | DealerTrack Holdings, Inc | 24 | ||||
3,468 | Deluxe Corp | 52 | |||||
2,231 | * | Digital River, Inc | 55 | ||||
1,448 | * | DivX, Inc | 8 | ||||
348 | * | DMRC Corp | 3 | ||||
1,061 | * | Double-Take Software, Inc | 10 | ||||
2,599 | * | DST Systems, Inc | 99 | ||||
1,500 | * | DynCorp International, Inc (Class A) | 23 | ||||
6,551 | * | Earthlink, Inc | 44 | ||||
63,814 | * | eBay, Inc | 891 | ||||
375 | * | Ebix, Inc | 9 | ||||
1,837 | * | Echelon Corp | 15 | ||||
2,891 | * | Eclipsys Corp | 41 | ||||
1,000 | Electro Rent Corp | 11 | |||||
18,161 | * | Electronic Arts, Inc | 291 | ||||
3,700 | * | Electronics for Imaging, Inc | 35 | ||||
3,754 | * | Entrust, Inc | 6 | ||||
3,541 | * | Epicor Software Corp | 17 | ||||
2,131 | * | EPIQ Systems, Inc | 36 | ||||
7,089 | Equifax, Inc | 188 | |||||
4,575 | * | Evergreen Energy, Inc | 1 | ||||
1,397 | * | ExlService Holdings, Inc | 12 | ||||
12,409 | * | Expedia, Inc | 102 | ||||
4,994 | * | F5 Networks, Inc | 114 | ||||
2,616 | Factset Research Systems, Inc | 116 | |||||
2,596 | Fair Isaac Corp | 44 | |||||
2,479 | * | FalconStor Software, Inc | 7 | ||||
11,743 | Fidelity National Information Services, Inc | 191 | |||||
200 | * | First Advantage Corp (Class A) | 3 | ||||
9,396 | * | Fiserv, Inc | 342 | ||||
983 | * | Forrester Research, Inc | 28 | ||||
3,832 | * | Gartner, Inc | 68 | ||||
1,444 | * | Gerber Scientific, Inc | 7 | ||||
1,647 | Gevity HR, Inc | 2 | |||||
2,712 | * | Global Cash Access, Inc | 6 | ||||
976 | * | Global Sources Ltd | 5 | ||||
13,873 | * | Google, Inc (Class A) | 4,268 | ||||
1,107 | * | H&E Equipment Services, Inc | 9 | ||||
2,506 | * | Hackett Group, Inc | 7 | ||||
2,249 | Healthcare Services Group | 36 | |||||
1,469 | Heartland Payment Systems, Inc | 26 | |||||
1,329 | Heidrick & Struggles International, Inc | 29 |
4
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
5,757 | * | HLTH Corp | $ | 60 | ||||
1,272 | * | HMS Holdings Corp | 40 | |||||
1,384 | * | Hudson Highland Group, Inc | 5 | |||||
3,542 | * | Hypercom Corp | 4 | |||||
947 | * | i2 Technologies, Inc | 6 | |||||
448 | * | ICT Group, Inc | 2 | |||||
1,449 | * | iGate Corp | 9 | |||||
2,587 | * | IHS, Inc (Class A) | 97 | |||||
11,068 | IMS Health, Inc | 168 | ||||||
1,967 | infoGROUP, Inc | 9 | ||||||
4,859 | * | Informatica Corp | 67 | |||||
2,218 | Infospace, Inc | 17 | ||||||
1,446 | * | Innerworkings, Inc | 9 | |||||
1,116 | * | Integral Systems, Inc | 13 | |||||
2,217 | Interactive Data Corp | 55 | ||||||
803 | * | Interactive Intelligence, Inc | 5 | |||||
3,256 | * | Internap Network Services Corp | 8 | |||||
1,292 | * | Internet Brands, Inc (Class A) | 8 | |||||
2,646 | * | Internet Capital Group, Inc | 14 | |||||
27,952 | * | Interpublic Group of Cos, Inc | 111 | |||||
1,584 | * | Interwoven, Inc | 20 | |||||
18,400 | * | Intuit, Inc | 438 | |||||
1,814 | * | inVentiv Health, Inc | 21 | |||||
9,956 | * | Iron Mountain, Inc | 246 | |||||
4,326 | Jack Henry & Associates, Inc | 84 | ||||||
1,953 | * | JDA Software Group, Inc | 26 | |||||
30,025 | * | Juniper Networks, Inc | 526 | |||||
1,200 | Kelly Services, Inc (Class A) | 16 | ||||||
1,544 | * | Kenexa Corp | 12 | |||||
941 | * | Keynote Systems, Inc | 7 | |||||
1,774 | * | Kforce, Inc | 14 | |||||
1,667 | * | Knot, Inc | 14 | |||||
2,700 | * | Korn/Ferry International | 31 | |||||
4,598 | * | Lamar Advertising Co (Class A) | 58 | |||||
7,959 | * | Lawson Software, Inc | 38 | |||||
2,000 | * | Limelight Networks, Inc | 5 | |||||
511 | * | Liquidity Services, Inc | 4 | |||||
2,311 | * | Magma Design Automation, Inc | 2 | |||||
2,098 | * | Manhattan Associates, Inc | 33 | |||||
4,774 | Manpower, Inc | 162 | ||||||
1,171 | * | Mantech International Corp (Class A) | 63 | |||||
1,311 | Marchex, Inc (Class B) | 8 | ||||||
4,176 | Mastercard, Inc (Class A) | 597 | ||||||
8,855 | * | McAfee, Inc | 306 | |||||
5,422 | * | Mentor Graphics Corp | 28 | |||||
466,874 | Microsoft Corp | 9,076 | ||||||
648 | * | MicroStrategy, Inc (Class A) | 24 | |||||
2,315 | * | Midway Games, Inc | — | ^ | ||||
3,243 | * | MODUSLINK GLOBAL SOLUTIONS, Inc | 9 | |||||
866 | * | Monotype Imaging Holdings, Inc | 5 | |||||
7,154 | * | Monster Worldwide, Inc | 86 | |||||
4,760 | * | Move, Inc | 8 | |||||
6,206 | * | MPS Group, Inc | 47 | |||||
2,666 | * | MSC.Software Corp | 18 | |||||
390 | * | NCI, Inc (Class A) | 12 | |||||
10,035 | * | NCR Corp | 142 | |||||
2,111 | * | Ness Technologies, Inc | 9 | |||||
2,427 | * | NetFlix, Inc | 73 | |||||
1,792 | * | Netscout Systems, Inc | 15 |
5
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
423 | * | NetSuite, Inc | $ | 4 | |||
1,732 | NIC, Inc | 8 | |||||
21,820 | * | Novell, Inc | 85 | ||||
10,313 | * | Nuance Communications, Inc | 107 | ||||
18,372 | Omnicom Group, Inc | 495 | |||||
3,715 | * | Omniture, Inc | 40 | ||||
1,673 | * | On Assignment, Inc | 9 | ||||
1,415 | * | Online Resources Corp | 7 | ||||
5,712 | * | OpenTV Corp (Class A) | 7 | ||||
226,894 | * | Oracle Corp | 4,023 | ||||
7,173 | * | Parametric Technology Corp | 91 | ||||
1,245 | PC-Tel, Inc | 8 | |||||
438 | Pegasystems, Inc | 5 | |||||
1,789 | * | Perficient, Inc | 9 | ||||
5,518 | * | Perot Systems Corp (Class A) | 75 | ||||
2,169 | * | Phase Forward, Inc | 27 | ||||
1,611 | * | Phoenix Technologies Ltd | 6 | ||||
1,058 | * | Portfolio Recovery Associates, Inc | 36 | ||||
3,120 | * | Premiere Global Services, Inc | 27 | ||||
2,510 | * | Progress Software Corp | 48 | ||||
774 | * | PROS Holdings, Inc | 4 | ||||
1,000 | QAD, Inc | 4 | |||||
684 | Quality Systems, Inc | 30 | |||||
4,302 | * | Quest Software, Inc | 54 | ||||
1,505 | * | Radiant Systems, Inc | 5 | ||||
1,200 | * | Radisys Corp | 7 | ||||
1,891 | * | Raser Technologies, Inc | 7 | ||||
6,472 | * | RealNetworks, Inc | 23 | ||||
11,630 | * | Red Hat, Inc | 154 | ||||
781 | Renaissance Learning, Inc | 7 | |||||
3,920 | * | Rent-A-Center, Inc | 69 | ||||
1,679 | * | RightNow Technologies, Inc | 13 | ||||
1,200 | * | Riskmetrics Group Inc | 18 | ||||
8,549 | Robert Half International, Inc | 178 | |||||
2,146 | Rollins, Inc | 39 | |||||
2,525 | * | RSC Holdings, Inc | 22 | ||||
4,489 | * | S1 Corp | 35 | ||||
6,297 | * | Salesforce.com, Inc | 202 | ||||
5,900 | * | Sapient Corp | 26 | ||||
1,301 | * | Smith Micro Software, Inc | 7 | ||||
1,699 | * | Sohu.com, Inc | 80 | ||||
4,123 | * | SonicWALL, Inc | 16 | ||||
14,052 | * | Sonus Networks, Inc | 22 | ||||
3,912 | Sotheby’s (Class A) | 35 | |||||
1,235 | * | Sourcefire, Inc | 7 | ||||
4,207 | * | Spherion Corp | 9 | ||||
1,239 | * | SPSS, Inc | 33 | ||||
2,484 | * | SRA International, Inc (Class A) | 43 | ||||
1,404 | * | Stratasys, Inc | 15 | ||||
1,342 | * | SuccessFactors, Inc | 8 | ||||
44,008 | * | Sun Microsystems, Inc | 168 | ||||
2,697 | * | SupportSoft, Inc | 6 | ||||
4,737 | * | Sybase, Inc | 117 | ||||
1,700 | * | SYKES Enterprises, Inc | 33 | ||||
48,983 | * | Symantec Corp | 662 | ||||
1,133 | * | Synchronoss Technologies, Inc | 12 | ||||
797 | * | SYNNEX Corp | 9 | ||||
7,658 | * | Synopsys, Inc | 142 | ||||
784 | Syntel, Inc | 18 |
6
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
4,650 | Take-Two Interactive Software, Inc | $ | 35 | ||||
1,034 | TAL International Group, Inc | 15 | |||||
1,368 | * | Taleo Corp (Class A) | 11 | ||||
798 | * | TechTarget, Inc | 3 | ||||
2,576 | * | TeleTech Holdings, Inc | 22 | ||||
590 | Textainer Group Holdings Ltd | 6 | |||||
1,161 | TheStreet.com, Inc | 3 | |||||
4,249 | * | THQ, Inc | 18 | ||||
11,332 | * | TIBCO Software, Inc | 59 | ||||
1,534 | * | TNS, Inc | 14 | ||||
9,771 | Total System Services, Inc | 137 | |||||
1,168 | * | TradeStation Group, Inc | 8 | ||||
3,096 | * | TrueBlue, Inc | 30 | ||||
1,541 | * | Ultimate Software Group, Inc | 22 | ||||
571 | * | Unica Corp | 3 | ||||
22,840 | * | Unisys Corp | 19 | ||||
4,078 | United Online, Inc | 25 | |||||
3,113 | * | United Rentals, Inc | 28 | ||||
3,676 | * | Valueclick, Inc | 25 | ||||
1,577 | * | Vasco Data Security International | 16 | ||||
11,559 | * | VeriSign, Inc | 221 | ||||
1,519 | Viad Corp | 38 | |||||
1,694 | * | Vignette Corp | 16 | ||||
26,292 | Visa, Inc (Class A) | 1,379 | |||||
2,400 | * | VMware, Inc (Class A) | 57 | ||||
792 | * | Vocus, Inc | 14 | ||||
858 | * | Volt Information Sciences, Inc | 6 | ||||
449 | * | WebMD Health Corp (Class A) | 11 | ||||
2,958 | * | Websense, Inc | 44 | ||||
1,627 | * | Website Pros, Inc | 6 | ||||
4,910 | * | Wind River Systems, Inc | 44 | ||||
80,894 | * | Yahoo!, Inc | 987 | ||||
TOTAL BUSINESS SERVICES | 37,880 | ||||||
CHEMICALS AND ALLIED PRODUCTS—13.40% | |||||||
89,963 | Abbott Laboratories | 4,801 | |||||
357 | * | Abraxis Bioscience, Inc | 24 | ||||
1,887 | * | Acadia Pharmaceuticals, Inc | 2 | ||||
1,953 | * | Acorda Therapeutics, Inc | 40 | ||||
2,757 | * | Adolor Corp | 5 | ||||
12,207 | Air Products & Chemicals, Inc | 614 | |||||
1,600 | * | Albany Molecular Research, Inc | 16 | ||||
5,462 | Albemarle Corp | 122 | |||||
5,024 | Alberto-Culver Co | 123 | |||||
4,608 | * | Alexion Pharmaceuticals, Inc | 167 | ||||
1,212 | * | Alexza Pharmaceuticals, Inc | 4 | ||||
5,676 | * | Alkermes, Inc | 60 | ||||
2,616 | * | Allos Therapeutics, Inc | 16 | ||||
2,039 | * | Alnylam Pharmaceuticals, Inc | 50 | ||||
876 | * | AMAG Pharmaceuticals, Inc | 31 | ||||
3,695 | * | American Oriental Bioengineering, Inc | 25 | ||||
928 | American Vanguard Corp | 11 | |||||
63,467 | * | Amgen, Inc | 3,665 | ||||
1,500 | Arch Chemicals, Inc | 39 | |||||
3,078 | * | Arena Pharmaceuticals, Inc | 13 | ||||
2,036 | * | Arqule, Inc | 9 | ||||
3,660 | * | Array Biopharma, Inc | 15 | ||||
2,455 | * | Auxilium Pharmaceuticals, Inc | 70 | ||||
2,400 | * | Aventine Renewable Energy Holdings, Inc | 2 | ||||
5,794 | Avery Dennison Corp | 190 |
7
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
24,934 | Avon Products, Inc | $ | 599 | |||||
1,170 | Balchem Corp | 29 | ||||||
657 | * | Biodel, Inc | 3 | |||||
17,038 | * | Biogen Idec, Inc | 812 | |||||
5,913 | * | BioMarin Pharmaceuticals, Inc | 105 | |||||
657 | * | BioMimetic Therapeutics, Inc | 6 | |||||
114,985 | Bristol-Myers Squibb Co | 2,673 | ||||||
3,844 | Cabot Corp | 59 | ||||||
1,015 | * | Cadence Pharmaceuticals, Inc | 7 | |||||
2,400 | * | Calgon Carbon Corp | 37 | |||||
1,815 | * | Cambrex Corp | 8 | |||||
631 | * | Caraco Pharmaceutical Laboratories Ltd | 4 | |||||
8,871 | Celanese Corp (Series A) | 110 | ||||||
3,105 | * | Cell Genesys, Inc | — | ^ | ||||
919 | * | Celldex Therapeutics, Inc | 7 | |||||
4,049 | * | Cephalon, Inc | 312 | |||||
3,374 | CF Industries Holdings, Inc | 166 | ||||||
4,127 | * | Charles River Laboratories International, Inc | 108 | |||||
863 | * | Chattem, Inc | 62 | |||||
15,194 | Chemtura Corp | 21 | ||||||
3,895 | Church & Dwight Co, Inc | 219 | ||||||
7,977 | Clorox Co | 443 | ||||||
29,590 | Colgate-Palmolive Co | 2,028 | ||||||
2,917 | * | Columbia Laboratories, Inc | 4 | |||||
898 | * | Cougar Biotechnology, Inc | 23 | |||||
3,622 | * | Cubist Pharmaceuticals, Inc | 88 | |||||
2,618 | * | Cypress Bioscience, Inc | 18 | |||||
2,828 | Cytec Industries, Inc | 60 | ||||||
1,702 | * | Cytokinetics, Inc | 5 | |||||
4,015 | * | Dendreon Corp | 18 | |||||
5,095 | * | Discovery Laboratories, Inc | 6 | |||||
54,585 | Dow Chemical Co | 824 | ||||||
52,410 | Du Pont (E.I.) de Nemours & Co | 1,326 | ||||||
3,494 | * | Durect Corp | 12 | |||||
4,567 | Eastman Chemical Co | 145 | ||||||
10,437 | Ecolab, Inc | 367 | ||||||
58,195 | Eli Lilly & Co | 2,344 | ||||||
1,704 | * | Elizabeth Arden, Inc | 21 | |||||
3,094 | * | Enzon Pharmaceuticals, Inc | 18 | |||||
5,859 | Estee Lauder Cos (Class A) | 181 | ||||||
1,469 | * | Facet Biotech Corp | 14 | |||||
2,913 | Ferro Corp | 21 | ||||||
4,477 | FMC Corp | 200 | ||||||
17,334 | * | Forest Laboratories, Inc | 441 | |||||
27,002 | * | Genentech, Inc | 2,239 | |||||
15,701 | * | Genzyme Corp | 1,042 | |||||
4,250 | * | Geron Corp | 20 | |||||
53,560 | * | Gilead Sciences, Inc | 2,739 | |||||
818 | * | GTx, Inc | 14 | |||||
3,359 | H.B. Fuller Co | 54 | ||||||
3,942 | * | Halozyme Therapeutics, Inc | 22 | |||||
9,624 | * | Hospira, Inc | 258 | |||||
8,974 | * | Human Genome Sciences, Inc | 19 | |||||
8,858 | Huntsman Corp | 30 | ||||||
1,708 | * | ICO, Inc | 5 | |||||
861 | * | Idenix Pharmaceuticals, Inc | 5 | |||||
1,248 | * | Idera Pharmaceuticals, Inc | 10 | |||||
3,710 | * | Idexx Laboratories, Inc | 134 | |||||
4,347 | * | Immucor, Inc | 116 |
8
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
3,006 | * | Indevus Pharmaceuticals, Inc | $ | 9 | ||||
80 | Innophos Holdings, Inc | 2 | ||||||
1,460 | Innospec, Inc | 9 | ||||||
2,484 | * | Inspire Pharmaceuticals, Inc | 9 | |||||
353 | Inter Parfums, Inc | 3 | ||||||
1,694 | * | InterMune, Inc | 18 | |||||
4,870 | International Flavors & Fragrances, Inc | 145 | ||||||
4,647 | * | Inverness Medical Innovations, Inc | 88 | |||||
10,038 | * | Invitrogen Corp | 234 | |||||
2,531 | * | Javelin Pharmaceuticals, Inc | 3 | |||||
163,964 | Johnson & Johnson | 9,810 | ||||||
922 | Kaiser Aluminum Corp | 21 | ||||||
14,912 | * | King Pharmaceuticals, Inc | 158 | |||||
1,077 | Koppers Holdings, Inc | 23 | ||||||
2,481 | * | KV Pharmaceutical Co (Class A) | 7 | |||||
1,289 | * | Landec Corp | 8 | |||||
5,552 | * | Ligand Pharmaceuticals, Inc (Class B) | 15 | |||||
4,080 | Lubrizol Corp | 148 | ||||||
987 | Mannatech, Inc | 2 | ||||||
2,536 | * | MannKind Corp | 9 | |||||
2,109 | Martek Biosciences Corp | 64 | ||||||
7,861 | * | Medarex, Inc | 44 | |||||
3,315 | * | Medicines Co | 49 | |||||
3,427 | Medicis Pharmaceutical Corp (Class A) | 48 | ||||||
1,298 | * | Medivation, Inc | 19 | |||||
125,062 | Merck & Co, Inc | 3,802 | ||||||
2,420 | Meridian Bioscience, Inc | 62 | ||||||
1,175 | Minerals Technologies, Inc | 48 | ||||||
1,402 | * | Momenta Pharmaceuticals, Inc | 16 | |||||
31,945 | Monsanto Co | 2,247 | ||||||
8,696 | Mosaic Co | 301 | ||||||
18,544 | * | Mylan Laboratories, Inc | 183 | |||||
4,000 | * | Nabi Biopharmaceuticals | 13 | |||||
8,177 | Nalco Holding Co | 94 | ||||||
3,373 | * | NBTY, Inc | 53 | |||||
2,526 | * | Neurocrine Biosciences, Inc | 8 | |||||
715 | NewMarket Corp | 25 | ||||||
964 | NL Industries, Inc | 13 | ||||||
1,495 | * | Noven Pharmaceuticals, Inc | 16 | |||||
2,860 | * | NPS Pharmaceuticals, Inc | 18 | |||||
1,070 | * | Obagi Medical Products, Inc | 8 | |||||
4,620 | Olin Corp | 84 | ||||||
1,900 | * | OM Group, Inc | 40 | |||||
3,536 | * | Onyx Pharmaceuticals, Inc | 121 | |||||
1,463 | * | Optimer Pharmaceuticals, Inc | 18 | |||||
2,901 | * | OraSure Technologies, Inc | 11 | |||||
1,180 | * | Orexigen Therapeutics, Inc | 7 | |||||
3,527 | * | OSI Pharmaceuticals, Inc | 138 | |||||
807 | * | Osiris Therapeutics, Inc | 15 | |||||
2,164 | * | Pacific Ethanol, Inc | — | ^ | ||||
1,792 | * | Pain Therapeutics, Inc | 11 | |||||
2,340 | * | Par Pharmaceutical Cos, Inc | 31 | |||||
3,406 | * | Parexel International Corp | 33 | |||||
7,345 | PDL BioPharma, Inc | 45 | ||||||
4,725 | Perrigo Co | 153 | ||||||
1,182 | * | PetMed Express, Inc | 21 | |||||
394,411 | Pfizer, Inc | 6,985 | ||||||
927 | * | Pharmasset, Inc | 12 | |||||
1,726 | * | PharMerica Corp | 27 |
9
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
6,365 | * | PolyOne Corp | $ | 20 | ||||
1,425 | * | Pozen, Inc | 7 | |||||
9,640 | PPG Industries, Inc | 409 | ||||||
18,336 | Praxair, Inc | 1,088 | ||||||
1,891 | * | Prestige Brands Holdings, Inc | 20 | |||||
175,773 | Procter & Gamble Co | 10,866 | ||||||
1,419 | * | Progenics Pharmaceuticals, Inc | 15 | |||||
92 | * | Protalix BioTherapeutics, Inc | — | ^ | ||||
3,271 | * | Questcor Pharmaceuticals, Inc | 30 | |||||
1,976 | * | Quidel Corp | 26 | |||||
2,483 | * | Rockwood Holdings, Inc | 27 | |||||
7,724 | Rohm & Haas Co | 477 | ||||||
7,403 | RPM International, Inc | 98 | ||||||
2,502 | * | Salix Pharmaceuticals Ltd | 22 | |||||
94,014 | Schering-Plough Corp | 1,601 | ||||||
2,698 | Scotts Miracle-Gro Co (Class A) | 80 | ||||||
3,076 | Sensient Technologies Corp | 73 | ||||||
6,507 | * | Sepracor, Inc | 71 | |||||
5,623 | Sherwin-Williams Co | 336 | ||||||
7,711 | Sigma-Aldrich Corp | 326 | ||||||
3,618 | * | Solutia, Inc | 16 | |||||
500 | Stepan Co | 24 | ||||||
900 | * | SurModics, Inc | 23 | |||||
3,072 | * | Theravance, Inc | 38 | |||||
1,181 | * | Ulta Salon Cosmetics & Fragrance, Inc | 10 | |||||
1,278 | * | United Therapeutics Corp | 80 | |||||
594 | * | USANA Health Sciences, Inc | 20 | |||||
5,342 | * | USEC, Inc | 24 | |||||
4,449 | * | Valeant Pharmaceuticals International | 102 | |||||
6,017 | Valspar Corp | 109 | ||||||
8,420 | * | Vertex Pharmaceuticals, Inc | 256 | |||||
4,346 | * | Viropharma, Inc | 57 | |||||
5,559 | * | Warner Chilcott Ltd (Class A) | 81 | |||||
6,278 | * | Watson Pharmaceuticals, Inc | 167 | |||||
893 | Westlake Chemical Corp | 15 | ||||||
4,332 | * | WR Grace & Co | 26 | |||||
77,696 | Wyeth | 2,914 | ||||||
1,312 | * | Xenoport, Inc | 33 | |||||
8,116 | * | XOMA Ltd | 5 | |||||
2,399 | * | Zymogenetics, Inc | 7 | |||||
TOTAL CHEMICALS AND ALLIED PRODUCTS | 75,978 | |||||||
COAL MINING—0.18% | ||||||||
4,205 | * | Alpha Natural Resources, Inc | 68 | |||||
8,714 | Arch Coal, Inc | 142 | ||||||
10,952 | Consol Energy, Inc | 313 | ||||||
7,316 | * | International Coal Group, Inc | 17 | |||||
1,514 | * | James River Coal Co | 23 | |||||
4,822 | Massey Energy Co | 67 | ||||||
1,543 | * | National Coal Corp | 2 | |||||
15,652 | Peabody Energy Corp | 356 | ||||||
570 | * | Westmoreland Coal Co | 6 | |||||
TOTAL COAL MINING | 994 | |||||||
COMMUNICATIONS—4.62% | ||||||||
3,501 | Adtran, Inc | 52 | ||||||
2,743 | Alaska Communications Systems Group, Inc | 26 | ||||||
23,161 | * | American Tower Corp (Class A) | 679 | |||||
1,495 | * | Anixter International, Inc | 45 |
10
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
3,054 | * | Aruba Networks, Inc | $ | 8 | ||||
345,522 | AT&T, Inc | 9,847 | ||||||
356 | Atlantic Tele-Network, Inc | 9 | ||||||
1,206 | * | Audiovox Corp (Class A) | 6 | |||||
2,522 | * | Brightpoint, Inc | 11 | |||||
13,439 | Cablevision Systems Corp (Class A) | 226 | ||||||
1,055 | * | Cbeyond Communications, Inc | 17 | |||||
34,987 | CBS Corp (Class B) | 287 | ||||||
4,028 | * | Centennial Communications Corp | 32 | |||||
2,093 | * | Central European Media Enterprises Ltd (Class A) | 45 | |||||
6,105 | CenturyTel, Inc | 167 | ||||||
25,044 | * | Charter Communications, Inc (Class A) | 2 | |||||
16,520 | * | Cincinnati Bell, Inc | 32 | |||||
12,479 | * | Citadel Broadcasting Corp | 2 | |||||
4,026 | * | Clearwire Corp (Class A) | 20 | |||||
163,309 | Comcast Corp (Class A) | 2,757 | ||||||
1,571 | Consolidated Communications Holdings, Inc | 19 | ||||||
2,186 | * | Cox Radio, Inc (Class A) | 13 | |||||
16,909 | * | Crown Castle International Corp | 297 | |||||
1,802 | * | Crown Media Holdings, Inc (Class A) | 5 | |||||
3,172 | * | CTC Media, Inc | 15 | |||||
2,624 | * | Cumulus Media, Inc (Class A) | 7 | |||||
813 | * | DG FastChannel, Inc | 10 | |||||
31,874 | * | DIRECTV Group, Inc | 730 | |||||
12,220 | * | DISH Network Corp (Class A) | 136 | |||||
8,638 | Embarq Corp | 311 | ||||||
2,180 | Entercom Communications Corp (Class A) | 3 | ||||||
5,154 | * | Entravision Communications Corp (Class A) | 8 | |||||
2,035 | * | Equinix, Inc | 108 | |||||
5,145 | Fairpoint Communications, Inc | 17 | ||||||
8,501 | * | FiberTower Corp | 1 | |||||
354 | Fisher Communications, Inc | 7 | ||||||
19,434 | Frontier Communications Corp | 170 | ||||||
3,022 | * | General Communication, Inc (Class A) | 24 | |||||
1,077 | * | GeoEye, Inc | 21 | |||||
2,246 | * | Global Crossing Ltd | 18 | |||||
4,370 | Global Payments, Inc | 143 | ||||||
1,202 | * | Globalstar, Inc | — | ^ | ||||
3,118 | Gray Television, Inc | 1 | ||||||
1,520 | Hearst-Argyle Television, Inc | 9 | ||||||
396 | * | Hughes Communications, Inc | 6 | |||||
5,409 | * | IAC/InterActiveCorp | 85 | |||||
2,017 | Ibasis, Inc | 3 | ||||||
6,383 | * | ICO Global Communications Holdings Ltd (Class A) | 7 | |||||
3,749 | * | IDT Corp (Class B) | 2 | |||||
1,874 | Iowa Telecommunications Services, Inc | 27 | ||||||
1,069 | * | iPCS, Inc | 7 | |||||
1,719 | * | j2 Global Communications, Inc | 34 | |||||
1,587 | * | Knology, Inc | 8 | |||||
3,092 | * | Leap Wireless International, Inc | 83 | |||||
93,633 | * | Level 3 Communications, Inc | 66 | |||||
16,897 | * | Liberty Global, Inc (Class A) | 269 | |||||
5,791 | * | Liberty Media Corp—Capital (Series A) | 27 | |||||
29,764 | * | Liberty Media Corp—Entertainment (Series A) | 520 | |||||
35,566 | * | Liberty Media Holding Corp (Interactive A) | 111 | |||||
1,798 | * | Lin TV Corp (Class A) | 2 | |||||
2,626 | * | Mastec, Inc | 31 | |||||
283 | * | Mediacom Communications Corp (Class A) | 1 | |||||
14,563 | * | MetroPCS Communications, Inc | 216 | |||||
4,651 | * | NeuStar, Inc (Class A) | 89 | |||||
994 | * | Neutral Tandem, Inc | 16 |
11
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,681 | * | Nextwave Wireless, Inc | $ | — | ^ | |||
9,996 | * | NII Holdings, Inc (Class B) | 182 | |||||
1,922 | * | Novatel Wireless, Inc | 9 | |||||
1,715 | NTELOS Holdings Corp | 42 | ||||||
1,632 | * | Orbcomm, Inc | 4 | |||||
7,414 | * | PAETEC Holding Corp | 11 | |||||
83,584 | Qwest Communications International, Inc | 304 | ||||||
1,881 | * | RCN Corp | 11 | |||||
1,756 | * | SAVVIS, Inc | 12 | |||||
6,304 | * | SBA Communications Corp (Class A) | 103 | |||||
5,407 | Scripps Networks Interactive (Class A) | 119 | ||||||
1,404 | Shenandoah Telecom Co | 39 | ||||||
3,111 | Sinclair Broadcast Group, Inc (Class A) | 10 | ||||||
163,304 | * | Sprint Nextel Corp | 299 | |||||
766 | * | Switch & Data Facilities Co, Inc | 6 | |||||
3,081 | * | Syniverse Holdings, Inc | 37 | |||||
1,946 | * | TeleCommunication Systems, Inc (Class A) | 17 | |||||
6,282 | Telephone & Data Systems, Inc | 200 | ||||||
1,962 | * | Terremark Worldwide, Inc | 8 | |||||
3,440 | * | TerreStar Corp | 1 | |||||
9,282 | * | Time Warner Cable, Inc (Class A) | 199 | |||||
4,990 | * | TiVo, Inc | 36 | |||||
1,032 | * | US Cellular Corp | 45 | |||||
1,642 | USA Mobility, Inc | 19 | ||||||
166,113 | Verizon Communications, Inc | 5,631 | ||||||
32,454 | * | Viacom, Inc (Class B) | 619 | |||||
1,500 | * | Virgin Mobile USA, Inc (Class A) | 1 | |||||
1,993 | * | Vonage Holdings Corp | 1 | |||||
26,797 | Windstream Corp | 247 | ||||||
TOTAL COMMUNICATIONS | 26,165 | |||||||
DEPOSITORY INSTITUTIONS—6.90% | ||||||||
1,117 | 1st Source Corp | 26 | ||||||
732 | Abington Bancorp, Inc | 7 | ||||||
1,749 | Amcore Financial, Inc | 6 | ||||||
853 | Ameris Bancorp | 10 | ||||||
387 | Ames National Corp | 10 | ||||||
1,536 | Anchor Bancorp Wisconsin, Inc | 4 | ||||||
528 | Arrow Financial Corp | 13 | ||||||
7,795 | Associated Banc-Corp | 163 | ||||||
3,717 | Astoria Financial Corp | 61 | ||||||
520 | Bancfirst Corp | 28 | ||||||
1,517 | Banco Latinoamericano de Exportaciones S.A. (Class E) | 22 | ||||||
5,040 | Bancorpsouth, Inc | 118 | ||||||
1,017 | BancTrust Financial Group, Inc | 15 | ||||||
2,688 | Bank Mutual Corp | 31 | ||||||
292,536 | Bank of America Corp | 4,119 | ||||||
2,893 | Bank of Hawaii Corp | 131 | ||||||
67,180 | Bank of New York Mellon Corp | 1,903 | ||||||
638 | Bank of the Ozarks, Inc | 19 | ||||||
1,599 | BankFinancial Corp | 16 | ||||||
777 | Banner Corp | 7 | ||||||
31,899 | BB&T Corp | 876 | ||||||
1,950 | * | Beneficial Mutual Bancorp, Inc | 22 | |||||
550 | Berkshire Hills Bancorp, Inc | 17 | ||||||
1,341 | BOK Financial Corp | 54 | ||||||
2,260 | Boston Private Financial Holdings, Inc | 15 | ||||||
3,927 | Brookline Bancorp, Inc | 42 | ||||||
397 | Bryn Mawr Bank Corp | 8 | ||||||
460 | Camden National Corp | 12 | ||||||
831 | Capital City Bank Group, Inc | 23 |
12
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
828 | Capitol Bancorp Ltd | $ | 6 | |||||
1,324 | Capitol Federal Financial | 60 | ||||||
1,503 | Cardinal Financial Corp | 9 | ||||||
1,800 | Cascade Bancorp | 12 | ||||||
398 | Cass Information Systems, Inc | 12 | ||||||
2,416 | Cathay General Bancorp | 57 | ||||||
1,887 | Central Pacific Financial Corp | 19 | ||||||
1,722 | Chemical Financial Corp | 48 | ||||||
317,253 | Citigroup, Inc | 2,129 | ||||||
533 | Citizens & Northern Corp | 11 | ||||||
4,633 | Citizens Republic Bancorp, Inc | 14 | ||||||
825 | City Bank | 4 | ||||||
1,123 | City Holding Co | 39 | ||||||
2,097 | City National Corp | 102 | ||||||
875 | Clifton Savings Bancorp, Inc | 10 | ||||||
675 | CoBiz, Inc | 7 | ||||||
10,387 | Colonial Bancgroup, Inc | 22 | ||||||
1,059 | Columbia Banking System, Inc | 13 | ||||||
8,948 | Comerica, Inc | 178 | ||||||
3,703 | Commerce Bancshares, Inc | 163 | ||||||
2,024 | Community Bank System, Inc | 49 | ||||||
1,003 | Community Trust Bancorp, Inc | 37 | ||||||
2,340 | Corus Bankshares, Inc | 3 | ||||||
3,071 | Cullen/Frost Bankers, Inc | 156 | ||||||
4,428 | CVB Financial Corp | 53 | ||||||
1,609 | Dime Community Bancshares | 21 | ||||||
983 | * | Dollar Financial Corp | 10 | |||||
3,926 | East West Bancorp, Inc | 63 | ||||||
512 | Enterprise Financial Services Corp | 8 | ||||||
1,035 | ESSA Bancorp, Inc | 15 | ||||||
2,804 | * | Euronet Worldwide, Inc | 33 | |||||
377 | Farmers Capital Bank Corp | 9 | ||||||
28,264 | Fifth Third Bancorp | 233 | ||||||
664 | Financial Institutions, Inc | 10 | ||||||
720 | First Bancorp | 13 | ||||||
4,676 | First Bancorp | 52 | ||||||
1,530 | First Busey Corp | 28 | ||||||
341 | First Citizens Bancshares, Inc (Class A) | 52 | ||||||
4,700 | First Commonwealth Financial Corp | 58 | ||||||
680 | First Community Bancshares, Inc | 24 | ||||||
2,359 | First Financial Bancorp | 29 | ||||||
1,332 | First Financial Bankshares, Inc | 74 | ||||||
903 | First Financial Corp | 37 | ||||||
600 | First Financial Holdings, Inc | 12 | ||||||
1,374 | First Financial Northwest, Inc | 13 | ||||||
10,416 | First Horizon National Corp | 110 | ||||||
1,238 | First Merchants Corp | 27 | ||||||
2,914 | First Midwest Bancorp, Inc | 58 | ||||||
6,905 | First Niagara Financial Group, Inc | 112 | ||||||
987 | First Place Financial Corp | 4 | ||||||
504 | First South Bancorp, Inc | 6 | ||||||
377 | * | FirstFed Financial Corp | — | ^ | ||||
5,102 | FirstMerit Corp | 105 | ||||||
1,967 | * | Flagstar Bancorp, Inc | 1 | |||||
1,105 | Flushing Financial Corp | 13 | ||||||
5,502 | FNB Corp | 73 | ||||||
2,394 | Frontier Financial Corp | 10 | ||||||
11,161 | Fulton Financial Corp | 107 | ||||||
3,468 | Glacier Bancorp, Inc | 66 | ||||||
441 | Greene County Bancshares, Inc | 6 | ||||||
3,800 | * | Guaranty Bancorp | 8 | |||||
1,711 | Hancock Holding Co | 78 | ||||||
2,620 | Hanmi Financial Corp | 5 |
13
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,911 | Harleysville National Corp | $ | 28 | ||||
928 | Heartland Financial USA, Inc | 19 | |||||
803 | Heritage Commerce Corp | 9 | |||||
765 | Home Bancshares, Inc | 21 | |||||
29,970 | Hudson City Bancorp, Inc | 478 | |||||
22,354 | Huntington Bancshares, Inc | 171 | |||||
632 | IBERIABANK Corp | 30 | |||||
938 | Independent Bank Corp | 25 | |||||
1,040 | Integra Bank Corp | 1 | |||||
3,295 | International Bancshares Corp | 72 | |||||
2,034 | * | Investors Bancorp, Inc | 27 | ||||
215,365 | JPMorgan Chase & Co | 6,790 | |||||
1,441 | Kearny Financial Corp | 18 | |||||
27,400 | Keycorp | 233 | |||||
1,025 | Lakeland Bancorp, Inc | 12 | |||||
734 | Lakeland Financial Corp | 17 | |||||
3,932 | M&T Bank Corp | 226 | |||||
731 | MainSource Financial Group, Inc | 11 | |||||
15,732 | Marshall & Ilsley Corp | 215 | |||||
2,236 | MB Financial, Inc | 62 | |||||
5,244 | * | Metavante Technologies, Inc | 84 | ||||
1,081 | Midwest Banc Holdings, Inc | 2 | |||||
1,144 | Nara Bancorp, Inc | 11 | |||||
206 | NASB Financial, Inc | 6 | |||||
121,962 | National City Corp | 221 | |||||
4,881 | National Penn Bancshares, Inc | 71 | |||||
2,152 | NBT Bancorp, Inc | 60 | |||||
2,399 | * | Net 1 UEPS Technologies, Inc | 33 | ||||
19,260 | New York Community Bancorp, Inc | 230 | |||||
6,972 | NewAlliance Bancshares, Inc | 92 | |||||
12,719 | Northern Trust Corp | 663 | |||||
1,192 | Northfield Bancorp, Inc | 13 | |||||
1,341 | Northwest Bancorp, Inc | 29 | |||||
508 | OceanFirst Financial Corp | 8 | |||||
3,801 | Old National Bancorp | 69 | |||||
799 | Old Second Bancorp, Inc | 9 | |||||
1,295 | Oriental Financial Group, Inc | 8 | |||||
713 | * | Oritani Financial Corp | 12 | ||||
2,744 | Pacific Capital Bancorp | 46 | |||||
611 | Pacific Continental Corp | 9 | |||||
1,486 | PacWest Bancorp | 40 | |||||
688 | Park National Corp | 50 | |||||
499 | Peapack Gladstone Financial Corp | 13 | |||||
595 | Peoples Bancorp, Inc | 11 | |||||
19,823 | People’s United Financial, Inc | 353 | |||||
986 | * | Pinnacle Financial Partners, Inc | 29 | ||||
20,300 | PNC Financial Services Group, Inc | 995 | |||||
14,056 | Popular, Inc | 73 | |||||
1,141 | PrivateBancorp, Inc | 37 | |||||
2,230 | Prosperity Bancshares, Inc | 66 | |||||
2,140 | Provident Bankshares Corp | 21 | |||||
4,058 | Provident Financial Services, Inc | 62 | |||||
2,753 | Provident New York Bancorp | 34 | |||||
39,918 | Regions Financial Corp | 318 | |||||
769 | Renasant Corp | 13 | |||||
612 | Republic Bancorp, Inc (Class A) | 17 | |||||
598 | Rockville Financial, Inc | 9 | |||||
629 | Roma Financial Corp | 8 | |||||
1,211 | S&T Bancorp, Inc | 43 | |||||
846 | S.Y. Bancorp, Inc | 23 | |||||
1,000 | Sandy Spring Bancorp, Inc | 22 | |||||
357 | Santander BanCorp | 5 | |||||
605 | SCBT Financial Corp | 21 | |||||
740 | Seacoast Banking Corp of Florida | 5 |
14
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
514 | Shore Bancshares, Inc | $ | 12 | ||||
370 | Sierra Bancorp | 8 | |||||
1,893 | * | Signature Bank | 54 | ||||
1,066 | Simmons First National Corp (Class A) | 31 | |||||
581 | Smithtown Bancorp, Inc | 9 | |||||
4,761 | South Financial Group, Inc | 21 | |||||
757 | Southside Bancshares, Inc | 18 | |||||
740 | Southwest Bancorp, Inc | 10 | |||||
26,590 | * | Sovereign Bancorp, Inc | 79 | ||||
856 | State Bancorp, Inc | 8 | |||||
24,714 | State Street Corp | 972 | |||||
1,347 | StellarOne Corp | 23 | |||||
1,199 | Sterling Bancorp | 17 | |||||
3,900 | Sterling Bancshares, Inc | 24 | |||||
3,133 | Sterling Financial Corp | 28 | |||||
701 | Suffolk Bancorp | 25 | |||||
613 | * | Sun Bancorp, Inc | 5 | ||||
20,653 | SunTrust Banks, Inc | 610 | |||||
4,965 | Susquehanna Bancshares, Inc | 79 | |||||
1,802 | * | SVB Financial Group | 47 | ||||
17,015 | Synovus Financial Corp | 141 | |||||
6,992 | TCF Financial Corp | 96 | |||||
1,482 | * | Texas Capital Bancshares, Inc | 20 | ||||
6,191 | TFS Financial Corp | 80 | |||||
209 | Tompkins Trustco, Inc | 12 | |||||
1,219 | TowneBank | 30 | |||||
726 | Trico Bancshares | 18 | |||||
5,202 | Trustco Bank Corp NY | 49 | |||||
2,902 | Trustmark Corp | 63 | |||||
6,278 | UCBH Holdings, Inc | 43 | |||||
1,859 | UMB Financial Corp | 91 | |||||
3,609 | Umpqua Holdings Corp | 52 | |||||
814 | Union Bankshares Corp | 20 | |||||
2,534 | United Bankshares, Inc | 84 | |||||
2,160 | United Community Banks, Inc | 29 | |||||
2,036 | United Community Financial Corp | 2 | |||||
1,056 | United Financial Bancorp, Inc | 16 | |||||
464 | United Security Bancshares | 5 | |||||
792 | Univest Corp of Pennsylvania | 26 | |||||
101,357 | US Bancorp | 2,535 | |||||
7,834 | Valley National Bancorp | 159 | |||||
690 | ViewPoint Financial Group | 11 | |||||
158 | W Holding Co, Inc | 2 | |||||
126,351 | Wachovia Corp | 700 | |||||
5,275 | Washington Federal, Inc | 79 | |||||
881 | Washington Trust Bancorp, Inc | 17 | |||||
681 | * | Waterstone Financial, Inc | 2 | ||||
3,232 | Webster Financial Corp | 45 | |||||
220,254 | Wells Fargo & Co | 6,493 | |||||
1,534 | WesBanco, Inc | 42 | |||||
997 | West Bancorporation, Inc | 12 | |||||
977 | West Coast Bancorp | 7 | |||||
1,616 | Westamerica Bancorporation | 83 | |||||
850 | * | Western Alliance Bancorp | 9 | ||||
42,900 | Western Union Co | 615 | |||||
1,174 | Westfield Financial, Inc | 12 | |||||
4,160 | Whitney Holding Corp | 67 | |||||
4,204 | Wilmington Trust Corp | 93 | |||||
980 | Wilshire Bancorp, Inc | 9 | |||||
1,580 | Wintrust Financial Corp | 33 | |||||
320 | WSFS Financial Corp | 16 | |||||
709 | Yadkin Valley Financial Corp | 10 | |||||
6,129 | Zions Bancorporation | 150 | |||||
15
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
TOTAL DEPOSITORY INSTITUTIONS | $ | 39,141 | |||||
EATING AND DRINKING PLACES—1.13% | |||||||
1,322 | * | AFC Enterprises | 6 | ||||
758 | * | BJ’s Restaurants, Inc | 8 | ||||
1,700 | Bob Evans Farms, Inc | 35 | |||||
5,750 | Brinker International, Inc | 61 | |||||
790 | * | Buffalo Wild Wings, Inc | 20 | ||||
4,224 | Burger King Holdings, Inc | 101 | |||||
1,971 | * | California Pizza Kitchen, Inc | 21 | ||||
1,623 | CBRL Group, Inc | 33 | |||||
1,296 | * | CEC Entertainment, Inc | 31 | ||||
2,094 | * | Cheesecake Factory | 21 | ||||
1,977 | * | Chipotle Mexican Grill, Inc (Class A) | 123 | ||||
3,658 | CKE Restaurants, Inc | 32 | |||||
7,745 | Darden Restaurants, Inc | 218 | |||||
6,036 | * | Denny’s Corp | 12 | ||||
1,061 | DineEquity, Inc | 12 | |||||
2,437 | * | Domino’s Pizza, Inc | 12 | ||||
3,822 | * | Jack in the Box, Inc | 85 | ||||
3,561 | * | Krispy Kreme Doughnuts, Inc | 6 | ||||
1,203 | Landry’s Restaurants, Inc | 14 | |||||
66,043 | McDonald’s Corp | 4,107 | |||||
1,720 | O’Charleys, Inc | 3 | |||||
1,450 | * | Papa John’s International, Inc | 27 | ||||
1,702 | * | PF Chang’s China Bistro, Inc | 36 | ||||
957 | * | Red Robin Gourmet Burgers, Inc | 16 | ||||
3,070 | * | Ruby Tuesday, Inc | 5 | ||||
800 | * | Ruth’s Chris Steak House, Inc | 1 | ||||
3,411 | * | Sonic Corp | 42 | ||||
1,689 | * | Steak N Shake Co | 10 | ||||
3,384 | * | Texas Roadhouse, Inc (Class A) | 26 | ||||
11,069 | Tim Hortons, Inc | 319 | |||||
23,364 | Wendy’s/Arby’s Group, Inc (Class A) | 115 | |||||
27,748 | Yum! Brands, Inc | 874 | |||||
TOTAL EATING AND DRINKING PLACES | 6,432 | ||||||
EDUCATIONAL SERVICES—0.24% | |||||||
663 | * | American Public Education, Inc | 25 | ||||
7,504 | * | Apollo Group, Inc (Class A) | 575 | ||||
5,356 | * | Career Education Corp | 96 | ||||
3,717 | * | Corinthian Colleges, Inc | 61 | ||||
3,674 | DeVry, Inc | 211 | |||||
2,332 | * | ITT Educational Services, Inc | 222 | ||||
363 | * | K12, Inc | 7 | ||||
522 | * | Learning Tree International, Inc | 4 | ||||
687 | Strayer Education, Inc | 147 | |||||
1,448 | * | Universal Technical Institute, Inc | 25 | ||||
TOTAL EDUCATIONAL SERVICES | 1,373 | ||||||
ELECTRIC, GAS, AND SANITARY SERVICES—4.89% | |||||||
40,402 | * | AES Corp | 333 | ||||
3,896 | AGL Resources, Inc | 122 | |||||
10,136 | Allegheny Energy, Inc | 343 | |||||
1,693 | Allete, Inc | 55 | |||||
6,598 | Alliant Energy Corp | 193 | |||||
12,327 | Ameren Corp | 410 | |||||
822 | American Ecology Corp | 17 | |||||
23,200 | American Electric Power Co, Inc | 772 | |||||
1,100 | American States Water Co | 36 | |||||
3,788 | American Water Works Co, Inc | 79 | |||||
8,189 | Aqua America, Inc | 169 | |||||
5,341 | Atmos Energy Corp | 127 | |||||
3,100 | Avista Corp | 60 | |||||
5,186 | * | Beacon Power Corp | 3 | ||||
2,253 | Black Hills Corp | 61 |
16
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,013 | California Water Service Group | $ | 47 | ||||
21,176 | * | Calpine Corp | 154 | ||||
1,195 | * | Casella Waste Systems, Inc (Class A) | 5 | ||||
19,246 | Centerpoint Energy, Inc | 243 | |||||
616 | Central Vermont Public Service Corp | 15 | |||||
1,063 | CH Energy Group, Inc | 55 | |||||
402 | Chesapeake Utilities Corp | 13 | |||||
1,289 | * | Clean Energy Fuels Corp | 8 | ||||
1,182 | * | Clean Harbors, Inc | 75 | ||||
3,305 | Cleco Corp | 75 | |||||
13,685 | CMS Energy Corp | 138 | |||||
518 | Connecticut Water Service, Inc | 12 | |||||
15,757 | Consolidated Edison, Inc | 613 | |||||
892 | Consolidated Water Co, Inc | 11 | |||||
9,830 | Constellation Energy Group, Inc | 247 | |||||
7,381 | * | Covanta Holding Corp | 162 | ||||
2,304 | Crosstex Energy, Inc | 9 | |||||
33,654 | Dominion Resources, Inc | 1,206 | |||||
6,926 | DPL, Inc | 158 | |||||
9,170 | DTE Energy Co | 327 | |||||
74,073 | Duke Energy Corp | 1,112 | |||||
29,653 | * | Dynegy, Inc (Class A) | 59 | ||||
18,721 | Edison International | 601 | |||||
42,036 | El Paso Corp | 329 | |||||
2,788 | * | El Paso Electric Co | 50 | ||||
1,913 | Empire District Electric Co | 34 | |||||
4,384 | Energen Corp | 129 | |||||
1,700 | EnergySolutions, Inc | 10 | |||||
231 | * | EnerNOC, Inc | 2 | ||||
11,162 | Entergy Corp | 928 | |||||
38,204 | Exelon Corp | 2,125 | |||||
17,804 | FirstEnergy Corp | 865 | |||||
23,861 | FPL Group, Inc | 1,201 | |||||
7,375 | Great Plains Energy, Inc | 143 | |||||
5,035 | Hawaiian Electric Industries, Inc | 111 | |||||
2,843 | Idacorp, Inc | 84 | |||||
4,488 | Integrys Energy Group, Inc | 193 | |||||
2,892 | ITC Holdings Corp | 126 | |||||
1,400 | Laclede Group, Inc | 66 | |||||
10,015 | MDU Resources Group, Inc | 216 | |||||
1,200 | MGE Energy, Inc | 40 | |||||
813 | Middlesex Water Co | 14 | |||||
9,403 | * | Mirant Corp | 177 | ||||
4,857 | National Fuel Gas Co | 152 | |||||
2,174 | New Jersey Resources Corp | 85 | |||||
2,750 | Nicor, Inc | 95 | |||||
14,876 | NiSource, Inc | 163 | |||||
9,442 | Northeast Utilities | 227 | |||||
1,350 | Northwest Natural Gas Co | 60 | |||||
2,408 | NorthWestern Corp | 57 | |||||
14,114 | * | NRG Energy, Inc | 329 | ||||
5,841 | NSTAR | 213 | |||||
5,507 | OGE Energy Corp | 142 | |||||
6,202 | Oneok, Inc | 181 | |||||
1,079 | Ormat Technologies, Inc | 34 | |||||
1,956 | Otter Tail Corp | 46 | |||||
11,772 | Pepco Holdings, Inc | 209 | |||||
20,894 | PG&E Corp | 809 | |||||
936 | * | Pico Holdings, Inc | 25 | ||||
4,104 | Piedmont Natural Gas Co, Inc | 130 | |||||
1,025 | * | Pike Electric Corp | 13 | ||||
5,639 | Pinnacle West Capital Corp | 181 | |||||
4,786 | * | Plug Power, Inc | 5 | ||||
4,199 | PNM Resources, Inc | 42 | |||||
3,747 | Portland General Electric Co | 73 |
17
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
21,619 | PPL Corp | $ | 663 | |||||
15,370 | Progress Energy, Inc | 612 | ||||||
5,000 | m,v,* | Progress Energy, Inc | — | ^ | ||||
29,536 | Public Service Enterprise Group, Inc | 862 | ||||||
7,711 | Puget Energy, Inc | 210 | ||||||
10,373 | Questar Corp | 339 | ||||||
20,883 | * | Reliant Energy, Inc | 121 | |||||
18,454 | Republic Services, Inc | 457 | ||||||
1,126 | Resource America, Inc (Class A) | 5 | ||||||
6,675 | SCANA Corp | 238 | ||||||
14,845 | Sempra Energy | 633 | ||||||
13,561 | Sierra Pacific Resources | 134 | ||||||
1,020 | SJW Corp | 31 | ||||||
1,884 | South Jersey Industries, Inc | 75 | ||||||
44,540 | Southern Co | 1,648 | ||||||
6,440 | Southern Union Co | 84 | ||||||
2,572 | Southwest Gas Corp | 65 | ||||||
1,025 | Southwest Water Co | 3 | ||||||
4,708 | * | Stericycle, Inc | 245 | |||||
12,829 | TECO Energy, Inc | 158 | ||||||
6,491 | UGI Corp | 158 | ||||||
1,633 | UIL Holdings Corp | 49 | ||||||
2,373 | Unisource Energy Corp | 70 | ||||||
4,559 | Vectren Corp | 114 | ||||||
3,949 | * | Waste Connections, Inc | 124 | |||||
29,141 | Waste Management, Inc | 966 | ||||||
1,458 | * | Waste Services, Inc | 9 | |||||
5,725 | Westar Energy, Inc | 117 | ||||||
3,019 | WGL Holdings, Inc | 99 | ||||||
33,875 | Williams Cos, Inc | 490 | ||||||
6,389 | Wisconsin Energy Corp | 268 | ||||||
24,349 | Xcel Energy, Inc | 452 | ||||||
TOTAL ELECTRIC, GAS, AND SANITARY SERVICES | 27,738 | |||||||
ELECTRONIC AND OTHER ELECTRIC EQUIPMENT—7.35% | ||||||||
1,500 | * | Acme Packet, Inc | 8 | |||||
1,556 | * | Actel Corp | 18 | |||||
2,435 | Acuity Brands, Inc | 85 | ||||||
7,209 | * | Adaptec, Inc | 24 | |||||
7,316 | * | ADC Telecommunications, Inc | 40 | |||||
2,343 | * | Advanced Analogic Technologies, Inc | 7 | |||||
2,485 | * | Advanced Battery Technologies, Inc | 7 | |||||
2,251 | * | Advanced Energy Industries, Inc | 22 | |||||
36,301 | * | Advanced Micro Devices, Inc | 78 | |||||
16,906 | Altera Corp | 282 | ||||||
2,495 | * | American Superconductor Corp | 41 | |||||
6,334 | Ametek, Inc | 191 | ||||||
6,298 | * | Amkor Technology, Inc | 14 | |||||
10,491 | Amphenol Corp (Class A) | 252 | ||||||
3,097 | * | Anadigics, Inc | 5 | |||||
16,468 | Analog Devices, Inc | 313 | ||||||
51,465 | * | Apple Computer, Inc | 4,393 | |||||
4,877 | * | Applied Micro Circuits Corp | 19 | |||||
760 | Applied Signal Technology, Inc | 14 | ||||||
8,272 | * | Arris Group, Inc | 66 | |||||
3,325 | * | Atheros Communications, Inc | 48 | |||||
26,699 | * | Atmel Corp | 84 | |||||
1,909 | * | ATMI, Inc | 29 | |||||
801 | * | Avanex Corp | — | ^ | ||||
8,620 | * | Avnet, Inc | 157 | |||||
3,547 | AVX Corp | 28 | ||||||
723 | * | AZZ, Inc | 18 | |||||
2,797 | Baldor Electric Co | 50 | ||||||
674 | Bel Fuse, Inc (Class B) | 14 | ||||||
4,279 | * | Benchmark Electronics, Inc | 55 |
18
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
782 | * | BigBand Networks, Inc | $ | 4 | |||
5,976 | * | Bookham, Inc | 3 | ||||
29,379 | * | Broadcom Corp (Class A) | 499 | ||||
8,642 | * | Capstone Turbine Corp | 7 | ||||
1,663 | * | Ceradyne, Inc | 34 | ||||
1,230 | * | Ceva, Inc | 9 | ||||
2,612 | * | Checkpoint Systems, Inc | 26 | ||||
1,638 | * | China Security & Surveillance Technology, Inc | 7 | ||||
5,374 | * | Ciena Corp | 36 | ||||
344,324 | * | Cisco Systems, Inc | 5,612 | ||||
1,458 | * | Comtech Telecommunications Corp | 67 | ||||
10,405 | Cooper Industries Ltd (Class A) | 304 | |||||
457 | * | CPI International, Inc | 4 | ||||
5,056 | * | Cree, Inc | 80 | ||||
2,100 | CTS Corp | 12 | |||||
1,000 | Cubic Corp | 27 | |||||
9,243 | * | Cypress Semiconductor Corp | 41 | ||||
1,921 | * | Diodes, Inc | 12 | ||||
3,020 | * | Dolby Laboratories, Inc (Class A) | 99 | ||||
1,958 | * | DSP Group, Inc | 16 | ||||
1,168 | * | DTS, Inc | 21 | ||||
9,761 | Eaton Corp | 485 | |||||
2,545 | * | EchoStar Corp (Class A) | 38 | ||||
2,000 | * | Electro Scientific Industries, Inc | 14 | ||||
4,389 | * | EMCORE Corp | 6 | ||||
956 | * | EMS Technologies, Inc | 25 | ||||
3,310 | * | Energizer Holdings, Inc | 179 | ||||
2,523 | * | Energy Conversion Devices, Inc | 64 | ||||
1,650 | * | EnerSys | 18 | ||||
5,831 | * | Evergreen Solar, Inc | 19 | ||||
2,444 | * | Exar Corp | 16 | ||||
4,569 | * | Exide Technologies | 24 | ||||
7,886 | * | Fairchild Semiconductor International, Inc | 39 | ||||
14,527 | * | Finisar Corp | 6 | ||||
2,673 | * | First Solar, Inc | 369 | ||||
1,238 | Franklin Electric Co, Inc | 35 | |||||
4,152 | * | FuelCell Energy, Inc | 16 | ||||
612,450 | General Electric Co | 9,922 | |||||
1,197 | * | Globecomm Systems, Inc | 7 | ||||
6,150 | * | GrafTech International Ltd | 51 | ||||
1,507 | * | Greatbatch, Inc | 40 | ||||
1,100 | * | GT Solar International, Inc | 3 | ||||
3,385 | Harman International Industries, Inc | 57 | |||||
5,636 | * | Harmonic, Inc | 32 | ||||
7,946 | Harris Corp | 302 | |||||
1,540 | * | Harris Stratex Networks, Inc (Class A) | 8 | ||||
1,865 | * | Helen of Troy Ltd | 32 | ||||
6,021 | * | Hexcel Corp | 44 | ||||
1,175 | * | Hittite Microwave Corp | 35 | ||||
1,800 | * | Hutchinson Technology, Inc | 6 | ||||
1,976 | Imation Corp | 27 | |||||
5,585 | * | Infinera Corp | 50 | ||||
10,231 | * | Integrated Device Technology, Inc | 57 | ||||
333,831 | Intel Corp | 4,894 | |||||
2,862 | * | InterDigital, Inc | 79 | ||||
4,573 | * | International Rectifier Corp | 62 | ||||
7,468 | Intersil Corp (Class A) | 69 | |||||
1,143 | * | IPG Photonics Corp | 15 | ||||
724 | * | iRobot Corp | 7 | ||||
1,636 | IXYS Corp | 14 | |||||
4,077 | * | Jarden Corp | 47 | ||||
13,081 | * | JDS Uniphase Corp | 48 | ||||
6,007 | * | Kemet Corp | 2 | ||||
7,045 | L-3 Communications Holdings, Inc | 520 | |||||
7,863 | * | Lattice Semiconductor Corp | 12 |
19
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
2,443 | Lincoln Electric Holdings, Inc | $ | 124 | |||||
13,318 | Linear Technology Corp | 295 | ||||||
1,534 | * | Littelfuse, Inc | 25 | |||||
732 | * | Loral Space & Communications, Inc | 11 | |||||
1,293 | LSI Industries, Inc | 9 | ||||||
37,937 | * | LSI Logic Corp | 125 | |||||
29,029 | * | Marvell Technology Group Ltd | 194 | |||||
3,108 | * | Mattson Technology, Inc | 4 | |||||
1,111 | * | Maxwell Technologies, Inc | 6 | |||||
1,334 | * | Medis Technologies Ltd | — | ^ | ||||
13,527 | * | MEMC Electronic Materials, Inc | 193 | |||||
1,540 | * | Mercury Computer Systems, Inc | 10 | |||||
2,500 | Methode Electronics, Inc | 17 | ||||||
2,455 | Micrel, Inc | 18 | ||||||
10,147 | Microchip Technology, Inc | 198 | ||||||
46,315 | * | Micron Technology, Inc | 122 | |||||
4,543 | * | Microsemi Corp | 57 | |||||
4,100 | * | Microtune, Inc | 8 | |||||
3,290 | * | Microvision, Inc | 6 | |||||
2,847 | * | MIPS Technologies, Inc | 3 | |||||
7,107 | Molex, Inc | 103 | ||||||
1,571 | * | Monolithic Power Systems, Inc | 20 | |||||
2,537 | * | Moog, Inc (Class A) | 93 | |||||
131,651 | Motorola, Inc | 583 | ||||||
7,339 | * | MRV Communications, Inc | 6 | |||||
555 | * | Multi-Fineline Electronix, Inc | 6 | |||||
300 | National Presto Industries, Inc | 23 | ||||||
12,709 | National Semiconductor Corp | 128 | ||||||
20,564 | * | NetApp, Inc | 287 | |||||
1,013 | * | Netlogic Microsystems, Inc | 22 | |||||
5,818 | * | Novellus Systems, Inc | 72 | |||||
265 | * | NVE Corp | 7 | |||||
33,105 | * | Nvidia Corp | 267 | |||||
3,460 | * | Omnivision Technologies, Inc | 18 | |||||
23,155 | * | ON Semiconductor Corp | 79 | |||||
1,210 | * | Oplink Communications, Inc | 10 | |||||
1,144 | * | OpNext, Inc | 2 | |||||
869 | * | OSI Systems, Inc | 12 | |||||
1,250 | Park Electrochemical Corp | 24 | ||||||
1,392 | * | Parkervision, Inc | 3 | |||||
1,447 | * | Pericom Semiconductor Corp | 8 | |||||
2,260 | * | Photronics, Inc | 4 | |||||
2,609 | Plantronics, Inc | 34 | ||||||
2,538 | * | Plexus Corp | 43 | |||||
1,628 | * | PLX Technology, Inc | 3 | |||||
13,218 | * | PMC - Sierra, Inc | 64 | |||||
5,444 | * | Polycom, Inc | 74 | |||||
1,311 | * | Polypore International, Inc | 10 | |||||
458 | * | Powell Industries, Inc | 13 | |||||
1,806 | Power Integrations, Inc | 36 | ||||||
4,438 | * | Power-One, Inc | 5 | |||||
7,309 | * | Powerwave Technologies, Inc | 4 | |||||
7,796 | * | QLogic Corp | 105 | |||||
94,274 | Qualcomm, Inc | 3,378 | ||||||
4,326 | * | Quantum Fuel Systems Technologies Worldwide, Inc | 4 | |||||
6,183 | * | Rambus, Inc | 98 | |||||
1,083 | Raven Industries, Inc | 26 | ||||||
1,983 | Regal-Beloit Corp | 75 | ||||||
14,875 | * | RF Micro Devices, Inc | 12 | |||||
1,100 | * | Rogers Corp | 31 | |||||
782 | * | Rubicon Technology, Inc | 3 | |||||
32,531 | * | Sanmina-SCI Corp | 15 | |||||
1,867 | * | Seachange International, Inc | 13 | |||||
2,466 | * | Semtech Corp | 28 | |||||
2,605 | * | ShoreTel, Inc | 12 |
20
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
5,145 | * | Silicon Image, Inc | $ | 22 | ||||
2,921 | * | Silicon Laboratories, Inc | 72 | |||||
5,900 | * | Silicon Storage Technology, Inc | 14 | |||||
178,291 | * | Sirius XM Radio, Inc | 21 | |||||
10,341 | * | Skyworks Solutions, Inc | 57 | |||||
3,071 | * | Smart Modular Technologies WWH, Inc | 5 | |||||
5,639 | * | Spansion, Inc (Class A) | 1 | |||||
1,279 | * | Standard Microsystems Corp | 21 | |||||
1,793 | * | Starent Networks Corp | 21 | |||||
898 | * | Stoneridge, Inc | 4 | |||||
2,414 | * | Sunpower Corp (Class A) | 89 | |||||
2,534 | * | Sunpower Corp (Class B) | 77 | |||||
745 | * | Supertex, Inc | 18 | |||||
12,134 | * | Sycamore Networks, Inc | 33 | |||||
2,907 | * | Symmetricom, Inc | 11 | |||||
1,595 | * | Synaptics, Inc | 26 | |||||
1,192 | * | Synthesis Energy Systems, Inc | — | ^ | ||||
2,804 | Technitrol, Inc | 10 | ||||||
913 | * | Techwell, Inc | 6 | |||||
3,400 | * | Tekelec | 45 | |||||
2,403 | Teleflex, Inc | 120 | ||||||
23,240 | * | Tellabs, Inc | 96 | |||||
2,944 | * | Tessera Technologies, Inc | 35 | |||||
76,896 | Texas Instruments, Inc | 1,193 | ||||||
3,556 | * | Thomas & Betts Corp | 85 | |||||
735 | * | Transmeta Corp | 13 | |||||
3,408 | * | Trident Microsystems, Inc | 6 | |||||
9,492 | * | Triquint Semiconductor, Inc | 33 | |||||
2,833 | * | TTM Technologies, Inc | 15 | |||||
27,509 | Tyco Electronics Ltd | 446 | ||||||
1,167 | * | Ultra Clean Holdings | 2 | |||||
755 | * | Ultralife Corp | 10 | |||||
1,466 | * | Universal Display Corp | 14 | |||||
1,000 | * | Universal Electronics, Inc | 16 | |||||
3,575 | * | US Geothermal, Inc | 3 | |||||
7,742 | * | Utstarcom, Inc | 14 | |||||
3,056 | * | Valence Technology, Inc | 6 | |||||
4,543 | * | Varian Semiconductor Equipment Associates, Inc | 82 | |||||
1,399 | * | Viasat, Inc | 34 | |||||
1,471 | Vicor Corp | 10 | ||||||
10,877 | * | Vishay Intertechnology, Inc | 37 | |||||
1,011 | * | Volterra Semiconductor Corp | 7 | |||||
4,143 | Whirlpool Corp | 171 | ||||||
15,723 | Xilinx, Inc | 280 | ||||||
1,635 | * | Zoltek Cos, Inc | 15 | |||||
3,150 | * | Zoran Corp | 22 | |||||
TOTAL ELECTRONIC AND OTHER ELECTRIC EQUIPMENT | 41,683 | |||||||
ENGINEERING AND MANAGEMENT SERVICES—1.34% | ||||||||
35,101 | Accenture Ltd (Class A) | 1,151 | ||||||
1,230 | * | Advisory Board Co | 27 | |||||
6,059 | * | Aecom Technology Corp | 186 | |||||
609 | * | Affymax, Inc | 6 | |||||
8,040 | * | Amylin Pharmaceuticals, Inc | 87 | |||||
4,682 | * | Ariad Pharmaceuticals, Inc | 4 | |||||
900 | CDI Corp | 12 | ||||||
4,841 | * | Celera Corp | 54 | |||||
26,488 | * | Celgene Corp | 1,464 | |||||
1,103 | * | China Architectural Engineering, Inc | 3 | |||||
1,080 | * | comScore, Inc | 14 | |||||
758 | * | Cornell Cos, Inc | 14 | |||||
2,117 | Corporate Executive Board Co | 47 | ||||||
717 | * | CRA International, Inc | 19 | |||||
3,622 | * | CV Therapeutics, Inc | 33 | |||||
3,370 | * | Dyax Corp | 12 |
21
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
3,090 | * | eResearch Technology, Inc | $ | 20 | |||
5,381 | * | Exelixis, Inc | 27 | ||||
1,100 | * | Exponent, Inc | 33 | ||||
10,552 | Fluor Corp | 473 | |||||
2,145 | * | Furmanite Corp | 12 | ||||
3,642 | * | Genpact Ltd | 30 | ||||
3,225 | * | Gen-Probe, Inc | 138 | ||||
5,826 | * | Hewitt Associates, Inc (Class A) | 165 | ||||
1,422 | * | Hill International, Inc | 10 | ||||
1,113 | * | Huron Consulting Group, Inc | 64 | ||||
4,807 | * | Incyte Corp | 18 | ||||
5,385 | * | Isis Pharmaceuticals, Inc | 76 | ||||
7,281 | * | Jacobs Engineering Group, Inc | 350 | ||||
8,930 | KBR, Inc | 136 | |||||
798 | * | Kendle International, Inc | 21 | ||||
584 | Landauer, Inc | 43 | |||||
1,549 | * | LECG Corp | 10 | ||||
5,020 | * | Lexicon Pharmaceuticals, Inc | 7 | ||||
1,864 | * | Luminex Corp | 40 | ||||
1,221 | MAXIMUS, Inc | 43 | |||||
2,143 | * | Maxygen, Inc | 19 | ||||
13,624 | * | McDermott International, Inc | 135 | ||||
445 | * | Michael Baker Corp | 16 | ||||
11,799 | Moody’s Corp | 237 | |||||
2,554 | * | Myriad Genetics, Inc | 169 | ||||
2,873 | * | Navigant Consulting, Inc | 46 | ||||
1,729 | * | Omnicell, Inc | 21 | ||||
18,418 | Paychex, Inc | 484 | |||||
1,234 | * | PharmaNet Development Group, Inc | 1 | ||||
906 | * | PRG-Schultz International, Inc | 4 | ||||
9,156 | Quest Diagnostics, Inc | 475 | |||||
3,876 | * | Regeneron Pharmaceuticals, Inc | 71 | ||||
8,827 | * | Rentech, Inc | 6 | ||||
1,803 | * | Repligen Corp | 7 | ||||
3,058 | * | Resources Connection, Inc | 50 | ||||
2,187 | * | Rigel Pharmaceuticals, Inc | 17 | ||||
3,216 | * | RTI Biologics, Inc | 9 | ||||
12,038 | * | SAIC, Inc | 235 | ||||
2,157 | * | Sangamo Biosciences, Inc | 8 | ||||
3,562 | * | Savient Pharmaceuticals, Inc | 21 | ||||
3,653 | * | Seattle Genetics, Inc | 33 | ||||
2,710 | * | Sequenom, Inc | 54 | ||||
4,929 | * | Shaw Group, Inc | 101 | ||||
507 | * | Stanley, Inc | 18 | ||||
1,956 | * | Symyx Technologies, Inc | 11 | ||||
692 | * | Tejon Ranch Co | 17 | ||||
3,591 | * | Tetra Tech, Inc | 87 | ||||
4,873 | * | URS Corp | 199 | ||||
5,212 | * | VCA Antech, Inc | 104 | ||||
2,154 | Watson Wyatt & Co Holdings (Class A) | 103 | |||||
TOTAL ENGINEERING AND MANAGEMENT SERVICES | 7,607 | ||||||
FABRICATED METAL PRODUCTS—0.57% | |||||||
1,788 | * | Alliant Techsystems, Inc | 153 | ||||
532 | Ameron International Corp | 33 | |||||
4,075 | Aptargroup, Inc | 144 | |||||
5,868 | Ball Corp | 244 | |||||
1,700 | * | Chart Industries, Inc | 18 | ||||
1,064 | CIRCOR International, Inc | 29 | |||||
6,833 | Commercial Metals Co | 81 | |||||
1,343 | * | Commercial Vehicle Group, Inc | 1 | ||||
3,158 | Crane Co | 54 | |||||
9,561 | * | Crown Holdings, Inc | 184 | ||||
757 | Dynamic Materials Corp | 15 | |||||
2,853 | * | Griffon Corp | 27 |
22
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
727 | Gulf Island Fabrication, Inc | $ | 10 | ||||
27,651 | Illinois Tool Works, Inc | 969 | |||||
916 | Insteel Industries, Inc | 10 | |||||
904 | * | Ladish Co, Inc | 13 | ||||
2,280 | * | Mobile Mini, Inc | 33 | ||||
6,723 | Mueller Water Products, Inc (Class A) | 57 | |||||
1,321 | * | NCI Building Systems, Inc | 22 | ||||
9,436 | Parker Hannifin Corp | 401 | |||||
509 | * | Park-Ohio Holdings Corp | 3 | ||||
6,093 | Pentair, Inc | 144 | |||||
2,169 | Quanex Building Products Corp | 20 | |||||
1,422 | Silgan Holdings, Inc | 68 | |||||
2,152 | Simpson Manufacturing Co, Inc | 60 | |||||
1,859 | * | Smith & Wesson Holding Corp | 4 | ||||
3,446 | Snap-On, Inc | 136 | |||||
4,479 | Stanley Works | 153 | |||||
685 | Sun Hydraulics Corp | 13 | |||||
3,948 | * | Taser International, Inc | 21 | ||||
809 | * | Trimas Corp | 1 | ||||
1,173 | Valmont Industries, Inc | 72 | |||||
1,666 | Watts Water Technologies, Inc (Class A) | 42 | |||||
TOTAL FABRICATED METAL PRODUCTS | 3,235 | ||||||
FOOD AND KINDRED PRODUCTS—3.97% | |||||||
1,200 | * | AgFeed Industries, Inc | 2 | ||||
37,614 | Archer Daniels Midland Co | 1,084 | |||||
1,189 | B&G Foods, Inc (Class A) | 6 | |||||
700 | * | Boston Beer Co, Inc (Class A) | 20 | ||||
7,250 | Bunge Ltd | 375 | |||||
11,851 | Campbell Soup Co | 356 | |||||
3,882 | * | Central Garden and Pet Co (Class A) | 23 | ||||
263 | Coca-Cola Bottling Co Consolidated | 12 | |||||
135,419 | Coca-Cola Co | 6,130 | |||||
18,511 | Coca-Cola Enterprises, Inc | 223 | |||||
25,800 | ConAgra Foods, Inc | 426 | |||||
11,059 | * | Constellation Brands, Inc (Class A) | 174 | ||||
4,559 | Corn Products International, Inc | 132 | |||||
4,436 | * | Darling International, Inc | 24 | ||||
11,854 | Del Monte Foods Co | 85 | |||||
958 | Diamond Foods, Inc | 19 | |||||
14,869 | * | Dr Pepper Snapple Group, Inc | 242 | ||||
629 | Farmer Bros Co | 16 | |||||
4,071 | Flowers Foods, Inc | 99 | |||||
19,429 | General Mills, Inc | 1,180 | |||||
18,467 | H.J. Heinz Co | 694 | |||||
4,344 | * | Hansen Natural Corp | 146 | ||||
9,196 | Hershey Co | 319 | |||||
4,077 | Hormel Foods Corp | 127 | |||||
740 | Imperial Sugar Co | 11 | |||||
800 | J&J Snack Foods Corp | 29 | |||||
6,683 | J.M. Smucker Co | 290 | |||||
14,537 | Kellogg Co | 637 | |||||
85,580 | Kraft Foods, Inc (Class A) | 2,298 | |||||
975 | Lancaster Colony Corp | 33 | |||||
1,746 | Lance, Inc | 40 | |||||
686 | * | M&F Worldwide Corp | 11 | ||||
6,725 | McCormick & Co, Inc | 214 | |||||
6,910 | Molson Coors Brewing Co (Class B) | 338 | |||||
621 | * | National Beverage Corp | 6 | ||||
1,110 | * | Omega Protein Corp | 4 | ||||
919 | * | Peet’s Coffee & Tea, Inc | 21 | ||||
680 | Penford Corp | 7 | |||||
7,568 | Pepsi Bottling Group, Inc | 170 | |||||
3,834 | PepsiAmericas, Inc | 78 | |||||
92,431 | PepsiCo, Inc | 5,062 |
23
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
2,990 | * | Ralcorp Holdings, Inc | $ | 175 | |||
1,066 | Reddy Ice Holdings, Inc | 2 | |||||
10,079 | Reynolds American, Inc | 406 | |||||
1,203 | Sanderson Farms, Inc | 42 | |||||
40,453 | Sara Lee Corp | 396 | |||||
3,778 | * | Smart Balance, Inc | �� | 26 | |||
6,686 | * | Smithfield Foods, Inc | 94 | ||||
1,088 | Tootsie Roll Industries, Inc | 28 | |||||
2,025 | * | TreeHouse Foods, Inc | 55 | ||||
16,487 | Tyson Foods, Inc (Class A) | 145 | |||||
TOTAL FOOD AND KINDRED PRODUCTS | 22,532 | ||||||
FOOD STORES—0.46% | |||||||
97 | Arden Group, Inc (Class A) | 12 | |||||
2,122 | * | Great Atlantic & Pacific Tea Co, Inc | 13 | ||||
700 | Ingles Markets, Inc (Class A) | 12 | |||||
38,740 | Kroger Co | 1,023 | |||||
1,733 | * | Panera Bread Co (Class A) | 91 | ||||
1,414 | * | Pantry, Inc | 30 | ||||
2,557 | Ruddick Corp | 71 | |||||
25,105 | Safeway, Inc | 597 | |||||
43,549 | * | Starbucks Corp | 412 | ||||
12,857 | Supervalu, Inc | 188 | |||||
212 | Village Super Market (Class A) | 12 | |||||
611 | Weis Markets, Inc | 21 | |||||
8,399 | Whole Foods Market, Inc | 79 | |||||
3,211 | * | Winn-Dixie Stores, Inc | 52 | ||||
TOTAL FOOD STORES | 2,613 | ||||||
FORESTRY—0.09% | |||||||
4,673 | Rayonier, Inc | 146 | |||||
12,050 | Weyerhaeuser Co | 369 | |||||
TOTAL FORESTRY | 515 | ||||||
FURNITURE AND FIXTURES—0.23% | |||||||
1,625 | Ethan Allen Interiors, Inc | 23 | |||||
2,907 | Furniture Brands International, Inc | 7 | |||||
3,277 | Herman Miller, Inc | 43 | |||||
3,482 | Hill-Rom Holdings, Inc | 57 | |||||
2,905 | HNI Corp | 46 | |||||
680 | Hooker Furniture Corp | 5 | |||||
34,719 | Johnson Controls, Inc | 631 | |||||
1,737 | Kimball International, Inc (Class B) | 15 | |||||
3,252 | * | Kinetic Concepts, Inc | 62 | ||||
3,352 | La-Z-Boy, Inc | 7 | |||||
8,764 | Leggett & Platt, Inc | 133 | |||||
21,660 | Masco Corp | 241 | |||||
2,732 | * | Sealy Corp | 7 | ||||
3,734 | Steelcase, Inc (Class A) | 21 | |||||
4,232 | Tempur-Pedic International, Inc | 30 | |||||
TOTAL FURNITURE AND FIXTURES | 1,328 | ||||||
FURNITURE AND HOME FURNISHINGS STORES—0.23% | |||||||
15,493 | * | Bed Bath & Beyond, Inc | 394 | ||||
19,297 | Best Buy Co, Inc | 542 | |||||
9,625 | * | GameStop Corp (Class A) | 208 | ||||
1,232 | Haverty Furniture Cos, Inc | 11 | |||||
750 | * | hhgregg, Inc | 7 | ||||
2,965 | Knoll, Inc | 27 | |||||
6,020 | * | Pier 1 Imports, Inc | 2 | ||||
6,317 | RadioShack Corp | 76 |
24
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,789 | * | Tuesday Morning Corp | $ | 3 | ||||
5,558 | Williams-Sonoma, Inc | 44 | ||||||
TOTAL FURNITURE AND HOME FURNISHINGS STORES | 1,314 | |||||||
GENERAL BUILDING CONTRACTORS—0.20% | ||||||||
115 | * | Amrep Corp | 4 | |||||
310 | * | Avatar Holdings, Inc | 8 | |||||
2,556 | * | Beazer Homes USA, Inc | 4 | |||||
485 | Brookfield Homes Corp | 2 | ||||||
379 | * | Cavco Industries, Inc | 10 | |||||
7,355 | Centex Corp | 78 | ||||||
19,198 | DR Horton, Inc | 136 | ||||||
2,297 | * | Hovnanian Enterprises, Inc (Class A) | 4 | |||||
4,706 | KB Home | 64 | ||||||
8,304 | Lennar Corp (Class A) | 72 | ||||||
862 | M/I Homes, Inc | 9 | ||||||
1,316 | McGrath RentCorp | 28 | ||||||
2,061 | MDC Holdings, Inc | 62 | ||||||
1,472 | * | Meritage Homes Corp | 18 | |||||
239 | * | NVR, Inc | 109 | |||||
1,250 | * | Palm Harbor Homes, Inc | 6 | |||||
2,925 | * | Perini Corp | 68 | |||||
11,220 | Pulte Homes, Inc | 123 | ||||||
2,630 | Ryland Group, Inc | 46 | ||||||
4,272 | * | Standard-Pacific Corp | 8 | |||||
1,110 | * | Team, Inc | 31 | |||||
7,726 | * | Toll Brothers, Inc | 166 | |||||
3,122 | Walter Industries, Inc | 55 | ||||||
TOTAL GENERAL BUILDING CONTRACTORS | 1,111 | |||||||
GENERAL MERCHANDISE STORES—2.11% | ||||||||
2,874 | * | 99 Cents Only Stores | 31 | |||||
4,889 | * | Big Lots, Inc | 71 | |||||
3,414 | * | BJ’s Wholesale Club, Inc | 117 | |||||
2,055 | Casey’s General Stores, Inc | 47 | ||||||
481 | * | Conn’s, Inc | 4 | |||||
25,029 | Costco Wholesale Corp | 1,314 | ||||||
177 | Dillard’s, Inc (Class A) | — | ^ | |||||
8,128 | Family Dollar Stores, Inc | 212 | ||||||
2,720 | Fred’s, Inc (Class A) | 29 | ||||||
13,005 | JC Penney Co, Inc | 256 | ||||||
25,210 | Macy’s, Inc | 261 | ||||||
1,292 | * | Retail Ventures, Inc | 5 | |||||
8,388 | * | Saks, Inc | 37 | |||||
3,530 | * | Sears Holdings Corp | 137 | |||||
1,757 | * | Stein Mart, Inc | 2 | |||||
46,103 | Target Corp | 1,592 | ||||||
24,730 | TJX Cos, Inc | 509 | ||||||
130,489 | Wal-Mart Stores, Inc | 7,315 | ||||||
TOTAL GENERAL MERCHANDISE STORES | 11,939 | |||||||
HEALTH SERVICES—1.02% | ||||||||
839 | * | Alliance Imaging, Inc | 7 | |||||
380 | * | Almost Family, Inc | 17 | |||||
1,533 | * | Amedisys, Inc | 63 | |||||
9,640 | AmerisourceBergen Corp | 344 | ||||||
1,184 | * | Amsurg Corp | 28 | |||||
3,714 | * | Assisted Living Concepts, Inc (A Shares) | 15 | |||||
535 | * | Bio-Reference Labs, Inc | 14 | |||||
2,436 | Brookdale Senior Living, Inc | 14 | ||||||
5,854 | * | Community Health Systems, Inc | 85 | |||||
750 | * | Corvel Corp | 16 | |||||
3,663 | * | Covance, Inc | 169 |
25
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
8,377 | * | Coventry Health Care, Inc | $ | 125 | |||
2,321 | * | Cross Country Healthcare, Inc | 20 | ||||
1,413 | * | CryoLife, Inc | 14 | ||||
6,269 | * | DaVita, Inc | 311 | ||||
3,284 | * | Edwards Lifesciences Corp | 180 | ||||
1,474 | * | eHealth, Inc | 20 | ||||
1,185 | * | Emeritus Corp | 12 | ||||
1,864 | * | Enzo Biochem, Inc | 9 | ||||
12,281 | * | Express Scripts, Inc | 675 | ||||
1,875 | * | Five Star Quality Care, Inc | 3 | ||||
810 | * | Genomic Health, Inc | 16 | ||||
499 | * | Genoptix, Inc | 17 | ||||
1,497 | * | Gentiva Health Services, Inc | 44 | ||||
14,183 | * | Health Management Associates, Inc (Class A) | 25 | ||||
4,400 | * | Healthsouth Corp | 48 | ||||
2,237 | * | Healthways, Inc | 26 | ||||
3,543 | * | Immunomedics, Inc | 6 | ||||
1,779 | * | Kindred Healthcare, Inc | 23 | ||||
6,195 | * | Laboratory Corp of America Holdings | 399 | ||||
735 | * | LHC Group, Inc | 26 | ||||
529 | * | Life Sciences Research, Inc | 5 | ||||
3,256 | * | LifePoint Hospitals, Inc | 74 | ||||
4,205 | * | Lincare Holdings, Inc | 113 | ||||
1,896 | * | Magellan Health Services, Inc | 74 | ||||
16,473 | McKesson Corp | 638 | |||||
955 | * | Medcath Corp | 10 | ||||
29,825 | * | Medco Health Solutions, Inc | 1,250 | ||||
506 | National Healthcare Corp | 26 | |||||
5,807 | * | Nektar Therapeutics | 32 | ||||
1,311 | * | Nighthawk Radiology Holdings, Inc | 6 | ||||
2,544 | * | Odyssey HealthCare, Inc | 24 | ||||
6,371 | Omnicare, Inc | 177 | |||||
2,831 | * | Pediatrix Medical Group, Inc | 90 | ||||
6,389 | Pharmaceutical Product Development, Inc | 185 | |||||
3,409 | * | Psychiatric Solutions, Inc | 95 | ||||
1,200 | * | RehabCare Group, Inc | 18 | ||||
1,374 | * | Skilled Healthcare Group, Inc (Class A) | 12 | ||||
2,651 | * | Sun Healthcare Group, Inc | 23 | ||||
2,773 | * | Sunrise Senior Living, Inc | 5 | ||||
30,068 | * | Tenet Healthcare Corp | 35 | ||||
2,659 | Universal Health Services, Inc (Class B) | 100 | |||||
701 | * | US Physical Therapy, Inc | 9 | ||||
TOTAL HEALTH SERVICES | 5,772 | ||||||
HEAVY CONSTRUCTION, EXCEPT BUILDING—0.06% | |||||||
1,314 | * | Comverge, Inc | 6 | ||||
8,622 | * | Foster Wheeler Ltd | 201 | ||||
2,028 | Granite Construction, Inc | 89 | |||||
2,403 | Great Lakes Dredge & Dock Corp | 10 | |||||
659 | * | LB Foster Co (Class A) | 21 | ||||
1,545 | * | Matrix Service Co | 12 | ||||
1,298 | * | Orion Marine Group, Inc | 13 | ||||
701 | * | Sterling Construction Co, Inc | 13 | ||||
TOTAL HEAVY CONSTRUCTION, EXCEPT BUILDING | 365 | ||||||
HOLDING AND OTHER INVESTMENT OFFICES—2.64% | |||||||
2,039 | Acadia Realty Trust | 29 | |||||
2,448 | * | Affiliated Managers Group, Inc | 103 | ||||
505 | Agree Realty Corp | 9 | |||||
123 | Alexander's, Inc | 31 | |||||
1,923 | Alexandria Real Estate Equities, Inc | 116 | |||||
9,073 | Allied Capital Corp | 24 |
26
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
5,664 | AMB Property Corp | $ | 132 | ||||
2,384 | American Campus Communities, Inc | 49 | |||||
580 | American Capital Agency Corp | 12 | |||||
31,591 | Annaly Mortgage Management, Inc | 501 | |||||
3,218 | Anthracite Capital, Inc | 7 | |||||
4,874 | Anworth Mortgage Asset Corp | 31 | |||||
5,956 | Apartment Investment & Management Co (Class A) | 69 | |||||
850 | Arbor Realty Trust, Inc | 2 | |||||
6,591 | Ashford Hospitality Trust, Inc | 8 | |||||
936 | Associated Estates Realty Corp | 8 | |||||
4,610 | AvalonBay Communities, Inc | 279 | |||||
4,502 | BioMed Realty Trust, Inc | 53 | |||||
6,864 | Boston Properties, Inc | 377 | |||||
5,335 | Brandywine Realty Trust | 41 | |||||
2,874 | BRE Properties, Inc (Class A) | 80 | |||||
3,175 | Camden Property Trust | 100 | |||||
2,642 | Capital Lease Funding, Inc | 5 | |||||
190 | Capital Southwest Corp | 21 | |||||
800 | Capital Trust, Inc (Class A) | 3 | |||||
3,196 | Capstead Mortgage Corp | 34 | |||||
806 | Care Investment Trust, Inc | 6 | |||||
3,981 | CBL & Associates Properties, Inc | 26 | |||||
2,712 | Cedar Shopping Centers, Inc | 19 | |||||
442 | Cherokee, Inc | 8 | |||||
2,945 | Colonial Properties Trust | 25 | |||||
2,299 | Corporate Office Properties Trust | 71 | |||||
2,443 | Cousins Properties, Inc | 34 | |||||
1,102 | Danvers Bancorp, Inc | 15 | |||||
10,500 | DCT Industrial Trust, Inc | 53 | |||||
7,395 | Developers Diversified Realty Corp | 36 | |||||
5,943 | DiamondRock Hospitality Co | 30 | |||||
3,961 | Digital Realty Trust, Inc | 130 | |||||
7,265 | Douglas Emmett, Inc | 95 | |||||
9,790 | Duke Realty Corp | 107 | |||||
1,377 | EastGroup Properties, Inc | 49 | |||||
1,200 | Education Realty Trust, Inc | 6 | |||||
1,723 | Entertainment Properties Trust | 51 | |||||
1,227 | Equity Lifestyle Properties, Inc | 47 | |||||
2,074 | Equity One, Inc | 37 | |||||
15,763 | Equity Residential | 470 | |||||
1,493 | Essex Property Trust, Inc | 115 | |||||
4,748 | Extra Space Storage, Inc | 49 | |||||
3,517 | Federal Realty Investment Trust | 218 | |||||
3,926 | FelCor Lodging Trust, Inc | 7 | |||||
2,899 | First Industrial Realty Trust, Inc | 22 | |||||
1,470 | First Potomac Realty Trust | 14 | |||||
3,189 | Franklin Street Properties Corp | 47 | |||||
7,919 | General Growth Properties, Inc | 10 | |||||
1,193 | Getty Realty Corp | 25 | |||||
1,256 | Gladstone Capital Corp | 10 | |||||
2,171 | Glimcher Realty Trust | 6 | |||||
2,128 | Gramercy Capital Corp | 3 | |||||
1,395 | * | Harris & Harris Group, Inc | 6 | ||||
692 | Hatteras Financial Corp | 18 | |||||
14,057 | HCP, Inc | 390 | |||||
5,425 | Health Care REIT, Inc | 229 | |||||
3,212 | Healthcare Realty Trust, Inc | 75 | |||||
2,467 | Hersha Hospitality Trust | 7 | |||||
3,247 | Highwoods Properties, Inc | 89 | |||||
2,378 | * | Hilltop Holdings, Inc | 23 | ||||
1,938 | Home Properties, Inc | 79 |
27
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
5,735 | Hospitality Properties Trust | $ | 85 | ||||
31,262 | Host Marriott Corp | 237 | |||||
13,475 | HRPT Properties Trust | 45 | |||||
3,013 | Inland Real Estate Corp | 39 | |||||
3,315 | Investors Real Estate Trust | 36 | |||||
80,782 | iShares Russell 3000 Index Fund | 4,208 | |||||
7,812 | iStar Financial, Inc | 17 | |||||
1,655 | JER Investors Trust, Inc | 2 | |||||
2,062 | Kilroy Realty Corp | 69 | |||||
13,130 | Kimco Realty Corp | 240 | |||||
1,900 | Kite Realty Group Trust | 11 | |||||
2,579 | LaSalle Hotel Properties | 28 | |||||
4,101 | Lexington Corporate Properties Trust | 21 | |||||
5,546 | Liberty Property Trust | 127 | |||||
1,314 | LTC Properties, Inc | 27 | |||||
4,379 | Macerich Co | 80 | |||||
3,822 | Mack-Cali Realty Corp | 94 | |||||
2,313 | * | Maguire Properties, Inc | 3 | ||||
3,989 | Medical Properties Trust, Inc | 25 | |||||
2,802 | * | Meruelo Maddux Properties, Inc | 3 | ||||
9,085 | MFA Mortgage Investments, Inc | 54 | |||||
1,526 | Mid-America Apartment Communities, Inc | 57 | |||||
1,230 | Mission West Properties, Inc | 9 | |||||
1,507 | MVC Capital, Inc | 17 | |||||
1,400 | National Health Investors, Inc | 38 | |||||
4,528 | National Retail Properties, Inc | 78 | |||||
5,757 | Nationwide Health Properties, Inc | 165 | |||||
2,523 | Newcastle Investment Corp | 2 | |||||
3,513 | NorthStar Realty Finance Corp | 14 | |||||
4,121 | Omega Healthcare Investors, Inc | 66 | |||||
946 | Parkway Properties, Inc | 17 | |||||
1,975 | Pennsylvania Real Estate Investment Trust | 15 | |||||
10,243 | Plum Creek Timber Co, Inc | 356 | |||||
2,677 | Post Properties, Inc | 44 | |||||
2,494 | Potlatch Corp | 65 | |||||
15,609 | Prologis | 217 | |||||
1,216 | Prospect Capital Corp | 15 | |||||
1,073 | PS Business Parks, Inc | 48 | |||||
7,276 | Public Storage, Inc | 578 | |||||
3,865 | RAIT Investment Trust | 10 | |||||
992 | Ramco-Gershenson Properties | 6 | |||||
6,195 | Realty Income Corp | 143 | |||||
1,965 | Redwood Trust, Inc | 29 | |||||
3,904 | Regency Centers Corp | 182 | |||||
1,355 | Resource Capital Corp | 5 | |||||
700 | Saul Centers, Inc | 28 | |||||
5,554 | Senior Housing Properties Trust | 100 | |||||
13,356 | Simon Property Group, Inc | 710 | |||||
3,495 | SL Green Realty Corp | 91 | |||||
1,302 | Sovran Self Storage, Inc | 47 | |||||
4,727 | Strategic Hotels & Resorts, Inc | 8 | |||||
1,069 | Sun Communities, Inc | 15 | |||||
3,711 | Sunstone Hotel Investors, Inc | 23 | |||||
1,844 | Tanger Factory Outlet Centers, Inc | 69 | |||||
3,299 | Taubman Centers, Inc | 84 | |||||
7,650 | UDR, Inc | 105 | |||||
1,095 | Universal Health Realty Income Trust | 36 | |||||
1,407 | Urstadt Biddle Properties, Inc (Class A) | 22 | |||||
3,042 | U-Store-It Trust | 14 | |||||
8,032 | Ventas, Inc | 270 | |||||
17,912 | Virgin Media, Inc | 89 | |||||
8,053 | Vornado Realty Trust | 486 |
28
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
3,890 | WABCO Holdings, Inc | $ | 61 | |||||
2,850 | Washington Real Estate Investment Trust | 81 | ||||||
4,713 | Weingarten Realty Investors | 98 | ||||||
696 | Winthrop Realty Trust | 8 | ||||||
TOTAL HOLDING AND OTHER INVESTMENT OFFICES | 14,953 | |||||||
HOTELS AND OTHER LODGING PLACES—0.20% | ||||||||
1,418 | Ameristar Casinos, Inc | 12 | ||||||
1,131 | * | Bluegreen Corp | 4 | |||||
2,948 | Boyd Gaming Corp | 14 | ||||||
2,103 | Choice Hotels International, Inc | 63 | ||||||
2,696 | * | Gaylord Entertainment Co | 29 | |||||
1,718 | * | Great Wolf Resorts, Inc | 3 | |||||
1,142 | * | Isle of Capri Casinos, Inc | 3 | |||||
10,384 | * | Las Vegas Sands Corp | 62 | |||||
920 | * | Lodgian, Inc | 2 | |||||
1,242 | Marcus Corp | 20 | ||||||
17,698 | Marriott International, Inc (Class A) | 344 | ||||||
7,333 | * | MGM Mirage | 101 | |||||
604 | * | Monarch Casino & Resort, Inc | 7 | |||||
1,158 | * | Morgans Hotel Group Co | 5 | |||||
2,588 | Orient-Express Hotels Ltd (Class A) | 20 | ||||||
566 | * | Riviera Holdings Corp | 2 | |||||
11,255 | Starwood Hotels & Resorts Worldwide, Inc | 201 | ||||||
1,755 | * | Vail Resorts, Inc | 47 | |||||
8,991 | Wyndham Worldwide Corp | 59 | ||||||
3,385 | Wynn Resorts Ltd | 143 | ||||||
TOTAL HOTELS AND OTHER LODGING PLACES | 1,141 | |||||||
INDUSTRIAL MACHINERY AND EQUIPMENT—4.45% | ||||||||
1,591 | * | 3PAR, Inc | 12 | |||||
1,014 | Aaon, Inc | 21 | ||||||
3,594 | Actuant Corp (Class A) | 68 | ||||||
4,907 | * | AGCO Corp | 116 | |||||
374 | Alamo Group, Inc | 6 | ||||||
1,534 | * | Allis-Chalmers Energy, Inc | 8 | |||||
1,557 | * | Altra Holdings, Inc | 12 | |||||
475 | Ampco-Pittsburgh Corp | 10 | ||||||
79,294 | Applied Materials, Inc | 803 | ||||||
1,200 | * | Astec Industries, Inc | 38 | |||||
3,264 | * | Asyst Technologies, Inc | - | ^ | ||||
1,475 | * | AuthenTec, Inc | 2 | |||||
7,081 | * | Axcelis Technologies, Inc | 4 | |||||
3,639 | Black & Decker Corp | 152 | ||||||
981 | Black Box Corp | 26 | ||||||
2,004 | * | Blount International, Inc | 19 | |||||
525 | * | Bolt Technology Corp | 4 | |||||
3,023 | Briggs & Stratton Corp | 53 | ||||||
22,509 | * | Brocade Communications Systems, Inc | 63 | |||||
4,418 | * | Brooks Automation, Inc | 26 | |||||
4,188 | Bucyrus International, Inc (Class A) | 78 | ||||||
3,800 | Carlisle Cos, Inc | 79 | ||||||
674 | Cascade Corp | 20 | ||||||
35,811 | Caterpillar, Inc | 1,600 | ||||||
5,277 | * | Cirrus Logic, Inc | 14 | |||||
1,273 | * | Colfax Corp | 13 | |||||
1,162 | * | Columbus McKinnon Corp | 16 | |||||
1,943 | * | Cray, Inc | 4 | |||||
12,159 | Cummins, Inc | 325 | ||||||
2,236 | Curtiss-Wright Corp | 75 | ||||||
1,601 | * | Cymer, Inc | 35 | |||||
25,296 | Deere & Co | 969 |
29
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
105,667 | * | Dell, Inc | $ | 1,082 | |||
4,008 | Diebold, Inc | 113 | |||||
4,685 | Donaldson Co, Inc | 158 | |||||
11,333 | Dover Corp | 373 | |||||
4,447 | * | Dresser-Rand Group, Inc | 77 | ||||
1,850 | * | Dril-Quip, Inc | 38 | ||||
121,123 | * | EMC Corp | 1,268 | ||||
5,455 | * | Emulex Corp | 38 | ||||
2,145 | * | Ener1, Inc | 15 | ||||
1,595 | * | ENGlobal Corp | 5 | ||||
1,375 | * | EnPro Industries, Inc | 30 | ||||
6,075 | * | Entegris, Inc | 13 | ||||
7,347 | * | Extreme Networks, Inc | 17 | ||||
1,124 | * | Flotek Industries, Inc | 3 | ||||
2,307 | * | Flow International Corp | 6 | ||||
3,416 | Flowserve Corp | 176 | |||||
7,710 | * | FMC Technologies, Inc | 184 | ||||
1,063 | * | Fuel Tech, Inc | 11 | ||||
3,135 | * | Gardner Denver, Inc | 73 | ||||
1,051 | Gorman-Rupp Co | 33 | |||||
2,928 | Graco, Inc | 69 | |||||
604 | Graham Corp | 7 | |||||
143,729 | Hewlett-Packard Co | 5,216 | |||||
334 | * | Hurco Cos, Inc | 4 | ||||
4,344 | IDEX Corp | 105 | |||||
1,615 | * | Immersion Corp | 10 | ||||
18,748 | Ingersoll-Rand Co Ltd (Class A) | 325 | |||||
3,395 | * | Intermec, Inc | 45 | ||||
80,119 | International Business Machines Corp | 6,743 | |||||
18,524 | International Game Technology | 220 | |||||
1,163 | * | Intevac, Inc | 6 | ||||
10,871 | ITT Industries, Inc | 500 | |||||
12,353 | Jabil Circuit, Inc | 83 | |||||
1,665 | John Bean Technologies Corp | 14 | |||||
6,491 | Joy Global, Inc | 149 | |||||
993 | * | Kadant, Inc | 13 | ||||
1,655 | Kaydon Corp | 57 | |||||
3,920 | Kennametal, Inc | 87 | |||||
338 | * | Key Technology, Inc | 6 | ||||
3,600 | * | Kulicke & Soffa Industries, Inc | 6 | ||||
7,466 | * | Lam Research Corp | 159 | ||||
2,798 | Lennox International, Inc | 90 | |||||
4,895 | * | Lexmark International, Inc (Class A) | 132 | ||||
700 | Lindsay Manufacturing Co | 22 | |||||
949 | Lufkin Industries, Inc | 33 | |||||
7,596 | Manitowoc Co, Inc | 66 | |||||
901 | Met-Pro Corp | 12 | |||||
5,098 | * | Micros Systems, Inc | 83 | ||||
860 | * | Middleby Corp | 23 | ||||
2,342 | Modine Manufacturing Co | 11 | |||||
381 | Nacco Industries, Inc (Class A) | 14 | |||||
1,196 | * | NATCO Group, Inc (Class A) | 18 | ||||
714 | * | Natural Gas Services Group, Inc | 7 | ||||
2,372 | * | Netezza Corp | 16 | ||||
2,164 | * | Netgear, Inc | 25 | ||||
939 | NN, Inc | 2 | |||||
2,012 | Nordson Corp | 65 | |||||
2,961 | * | Oil States International, Inc | 55 | ||||
7,346 | Pall Corp | 209 | |||||
6,172 | Palm, Inc | 19 |
30
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
11,719 | Pitney Bowes, Inc | $ | 299 | |||||
762 | * | PMFG, Inc | 7 | |||||
12,525 | * | Quantum Corp | 5 | |||||
1,782 | * | Rackable Systems, Inc | 7 | |||||
1,335 | * | RBC Bearings, Inc | 27 | |||||
630 | * | Rimage Corp | 8 | |||||
3,346 | * | Riverbed Technology, Inc | 38 | |||||
1,676 | Robbins & Myers, Inc | 27 | ||||||
7,798 | * | Safeguard Scientifics, Inc | 5 | |||||
13,457 | * | SanDisk Corp | 129 | |||||
744 | Sauer-Danfoss, Inc | 7 | ||||||
1,742 | * | Scansource, Inc | 34 | |||||
3,970 | * | Scientific Games Corp (Class A) | 70 | |||||
16,448 | *,m,v | Seagate Technology | - | ^ | ||||
29,023 | Seagate Technology, Inc | 129 | ||||||
1,100 | * | Semitool, Inc | 3 | |||||
1,525 | * | Sigma Designs, Inc | 14 | |||||
3,183 | SPX Corp | 129 | ||||||
800 | Standex International Corp | 16 | ||||||
1,945 | * | STEC, Inc | 8 | |||||
1,355 | * | Super Micro Computer, Inc | 9 | |||||
746 | * | T-3 Energy Services, Inc | 7 | |||||
1,000 | * | Tecumseh Products Co | 10 | |||||
500 | Tennant Co | 8 | ||||||
11,006 | * | Teradata Corp | 163 | |||||
6,000 | * | Terex Corp | 104 | |||||
819 | * | Thermadyne Holdings Corp | 5 | |||||
4,954 | Timken Co | 97 | ||||||
1,558 | Toro Co | 51 | ||||||
881 | * | TurboChef Technologies, Inc | 4 | |||||
562 | Twin Disc, Inc | 4 | ||||||
1,608 | * | Ultratech, Inc | 19 | |||||
7,525 | * | Varian Medical Systems, Inc | 264 | |||||
3,790 | * | VeriFone Holdings, Inc | 19 | |||||
1,482 | Watsco, Inc | 57 | ||||||
13,173 | * | Western Digital Corp | 151 | |||||
3,508 | Woodward Governor Co | 81 | ||||||
3,893 | * | Zebra Technologies Corp (Class A) | 79 | |||||
TOTAL INDUSTRIAL MACHINERY AND EQUIPMENT | 25,204 | |||||||
INSTRUMENTS AND RELATED PRODUCTS—3.85% | ||||||||
1,214 | * | Abaxis, Inc | 19 | |||||
1,811 | * | Abiomed, Inc | 30 | |||||
2,205 | * | Accuray, Inc | 11 | |||||
3,633 | * | Advanced Medical Optics, Inc | 24 | |||||
4,200 | * | Affymetrix, Inc | 13 | |||||
21,055 | * | Agilent Technologies, Inc | 329 | |||||
3,618 | * | Align Technology, Inc | 32 | |||||
17,654 | Allergan, Inc | 712 | ||||||
4,631 | * | American Medical Systems Holdings, Inc | 42 | |||||
543 | American Science & Engineering, Inc | 40 | ||||||
928 | Analogic Corp | 25 | ||||||
1,600 | * | Anaren, Inc | 19 | |||||
1,310 | * | Angiodynamics, Inc | 18 | |||||
600 | * | Argon ST, Inc | 11 | |||||
1,690 | * | Arthrocare Corp | 8 | |||||
86 | Atrion Corp | 8 | ||||||
520 | * | Axsys Technologies, Inc | 29 | |||||
742 | Badger Meter, Inc | 22 | ||||||
5,633 | Bard (C.R.), Inc | 475 | ||||||
36,744 | Baxter International, Inc | 1,969 | ||||||
3,352 | Beckman Coulter, Inc | 147 |
31
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
14,282 | Becton Dickinson & Co | $ | 977 | ||||
1,200 | * | Bio-Rad Laboratories, Inc (Class A) | 90 | ||||
87,482 | * | Boston Scientific Corp | 677 | ||||
3,369 | * | Bruker BioSciences Corp | 14 | ||||
711 | * | Cantel Medical Corp | 11 | ||||
1,175 | * | Cardiac Science Corp | 9 | ||||
3,392 | * | Cepheid, Inc | 35 | ||||
1,426 | * | Coherent, Inc | 31 | ||||
1,500 | Cohu, Inc | 18 | |||||
1,940 | * | Conmed Corp | 46 | ||||
2,715 | Cooper Cos, Inc | 45 | |||||
29,037 | Covidien Ltd | 1,052 | |||||
1,543 | * | Cyberonics, Inc | 26 | ||||
475 | * | Cynosure, Inc (Class A) | 4 | ||||
15,041 | Danaher Corp | 851 | |||||
800 | Datascope Corp | 42 | |||||
8,898 | Dentsply International, Inc | 251 | |||||
2,984 | * | Depomed, Inc | 5 | ||||
1,556 | * | DexCom, Inc | 4 | ||||
828 | * | Dionex Corp | 37 | ||||
430 | * | DXP Enterprises, Inc | 6 | ||||
17,610 | Eastman Kodak Co | 116 | |||||
45,931 | Emerson Electric Co | 1,682 | |||||
1,718 | * | ESCO Technologies, Inc | 70 | ||||
1,694 | * | Esterline Technologies Corp | 64 | ||||
4,213 | * | ev3, Inc | 26 | ||||
408 | * | Exactech, Inc | 7 | ||||
910 | * | FARO Technologies, Inc | 15 | ||||
2,156 | * | FEI Co | 41 | ||||
7,664 | * | Flir Systems, Inc | 235 | ||||
2,946 | * | Formfactor, Inc | 43 | ||||
2,463 | * | Fossil, Inc | 41 | ||||
7,668 | Garmin Ltd | 147 | |||||
1,543 | * | Haemonetics Corp | 87 | ||||
1,363 | * | Hanger Orthopedic Group, Inc | 20 | ||||
807 | * | Herley Industries, Inc | 10 | ||||
3,482 | Hillenbrand, Inc | 58 | |||||
15,329 | * | Hologic, Inc | 200 | ||||
919 | * | ICU Medical, Inc | 30 | ||||
1,260 | * | I-Flow Corp | 6 | ||||
1,400 | * | II-VI, Inc | 27 | ||||
6,786 | * | Illumina, Inc | 177 | ||||
1,078 | * | Insulet Corp | 8 | ||||
732 | * | Integra LifeSciences Holdings Corp | 26 | ||||
2,115 | * | Intuitive Surgical, Inc | 269 | ||||
2,044 | Invacare Corp | 32 | |||||
5,039 | * | ION Geophysical Corp | 17 | ||||
1,079 | * | IRIS International, Inc | 15 | ||||
2,039 | * | Itron, Inc | 130 | ||||
2,194 | * | Ixia | 13 | ||||
520 | * | Kensey Nash Corp | 10 | ||||
10,175 | Kla-Tencor Corp | 222 | |||||
4,206 | * | Kopin Corp | 9 | ||||
142 | * | K-Tron International, Inc | 11 | ||||
3,660 | * | L-1 Identity Solutions, Inc | 25 | ||||
725 | * | LaBarge, Inc | 11 | ||||
4,233 | * | LTX-Credence Corp | 1 | ||||
1,014 | * | Lydall, Inc | 6 | ||||
2,750 | * | Masimo Corp | 82 | ||||
742 | * | Measurement Specialties, Inc | 5 | ||||
873 | * | Medical Action Industries, Inc | 9 |
32
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
65,409 | Medtronic, Inc | $ | 2,055 | ||||
1,802 | Mentor Corp | 56 | |||||
1,469 | * | Merit Medical Systems, Inc | 26 | ||||
2,006 | * | Mettler-Toledo International, Inc | 135 | ||||
935 | * | Micrus Endovascular Corp | 11 | ||||
3,307 | * | Millipore Corp | 170 | ||||
1,789 | Mine Safety Appliances Co | 43 | |||||
3,076 | * | MKS Instruments, Inc | 45 | ||||
1,178 | Movado Group, Inc | 11 | |||||
708 | MTS Systems Corp | 19 | |||||
3,475 | National Instruments Corp | 85 | |||||
1,662 | * | Natus Medical, Inc | 22 | ||||
876 | * | Neogen Corp | 22 | ||||
2,159 | * | Newport Corp | 15 | ||||
2,136 | * | NuVasive, Inc | 74 | ||||
794 | * | NxStage Medical, Inc | 2 | ||||
1,010 | * | Orthofix International NV | 15 | ||||
246 | * | OYO Geospace Corp | 4 | ||||
1,140 | * | Palomar Medical Technologies, Inc | 13 | ||||
7,339 | PerkinElmer, Inc | 102 | |||||
24,814 | Raytheon Co | 1,267 | |||||
4,369 | * | Resmed, Inc | 164 | ||||
8,779 | Rockwell Automation, Inc | 283 | |||||
9,113 | Rockwell Collins, Inc | 356 | |||||
1,906 | * | Rofin-Sinar Technologies, Inc | 39 | ||||
5,330 | Roper Industries, Inc | 231 | |||||
1,464 | * | Rudolph Technologies, Inc | 5 | ||||
3,325 | * | Sirf Technology Holdings, Inc | 4 | ||||
1,080 | * | Sirona Dental Systems, Inc | 11 | ||||
748 | * | Somanetics Corp | 12 | ||||
1,305 | * | Sonic Solutions, Inc | 2 | ||||
957 | * | SonoSite, Inc | 18 | ||||
1,958 | * | Spectranetics Corp | 5 | ||||
19,594 | * | St. Jude Medical, Inc | 646 | ||||
939 | * | Stereotaxis, Inc | 4 | ||||
3,576 | STERIS Corp | 85 | |||||
17,975 | Stryker Corp | 718 | |||||
2,227 | * | Symmetry Medical, Inc | 18 | ||||
768 | * | Synovis Life Technologies, Inc | 14 | ||||
2,100 | Techne Corp | 135 | |||||
2,183 | * | Teledyne Technologies, Inc | 97 | ||||
9,702 | * | Teradyne, Inc | 41 | ||||
24,540 | * | Thermo Electron Corp | 836 | ||||
3,422 | * | Thoratec Corp | 111 | ||||
755 | * | Trans1, Inc | 5 | ||||
7,398 | * | Trimble Navigation Ltd | 160 | ||||
1,810 | * | Varian, Inc | 61 | ||||
1,820 | * | Veeco Instruments, Inc | 12 | ||||
828 | * | Vital Images, Inc | 12 | ||||
3,486 | * | Vivus, Inc | 19 | ||||
768 | * | Vnus Medical Technologies, Inc | 13 | ||||
2,847 | * | Volcano Corp | 43 | ||||
5,993 | * | Waters Corp | 220 | ||||
2,200 | * | Wright Medical Group, Inc | 45 | ||||
51,199 | Xerox Corp | 408 | |||||
13,354 | * | Zimmer Holdings, Inc | 540 | ||||
1,200 | * | Zoll Medical Corp | 23 | ||||
1,176 | * | Zygo Corp | 8 | ||||
TOTAL INSTRUMENTS AND RELATED PRODUCTS | 21,813 | ||||||
33
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
INSURANCE AGENTS, BROKERS AND SERVICE—0.39% | |||||||
16,484 | AON Corp | $ | 753 | ||||
6,834 | Brown & Brown, Inc | 143 | |||||
276 | * | Crawford & Co (Class B) | 4 | ||||
5,300 | Gallagher (Arthur J.) & Co | 137 | |||||
18,132 | Hartford Financial Services Group, Inc | 298 | |||||
359 | Life Partners Holdings, Inc | 15 | |||||
29,907 | Marsh & McLennan Cos, Inc | 726 | |||||
2,320 | National Financial Partners Corp | 7 | |||||
530 | White Mountains Insurance Group Ltd | 142 | |||||
TOTAL INSURANCE AGENTS, BROKERS AND SERVICE | 2,225 | ||||||
INSURANCE CARRIERS—3.70% | |||||||
28,444 | Aetna, Inc | 811 | |||||
27,947 | Aflac, Inc | 1,281 | |||||
304 | * | Alleghany Corp | 86 | ||||
2,914 | Allied World Assurance Holdings Ltd | 118 | |||||
32,258 | Allstate Corp | 1,057 | |||||
13,238 | Ambac Financial Group, Inc | 17 | |||||
3,620 | American Equity Investment Life Holding Co | 25 | |||||
4,699 | American Financial Group, Inc | 108 | |||||
132,234 | American International Group, Inc | 208 | |||||
915 | American National Insurance Co | 67 | |||||
478 | American Physicians Capital, Inc | 23 | |||||
622 | * | American Safety Insurance Holdings Ltd | 8 | ||||
2,840 | * | AMERIGROUP Corp | 84 | ||||
1,131 | * | Amerisafe, Inc | 23 | ||||
1,541 | Amtrust Financial Services, Inc | 18 | |||||
2,380 | * | Arch Capital Group Ltd | 167 | ||||
1,848 | * | Argo Group International Holdings Ltd | 63 | ||||
5,006 | Aspen Insurance Holdings Ltd | 121 | |||||
7,072 | Assurant, Inc | 212 | |||||
3,652 | Assured Guaranty Ltd | 42 | |||||
8,895 | Axis Capital Holdings Ltd | 259 | |||||
625 | Baldwin & Lyons, Inc (Class B) | 11 | |||||
1,983 | Castlepoint Holdings Ltd | 27 | |||||
1,750 | * | Catalyst Health Solutions, Inc | 43 | ||||
2,823 | * | Centene Corp | 56 | ||||
21,167 | Chubb Corp | 1,080 | |||||
15,716 | Cigna Corp | 265 | |||||
8,734 | Cincinnati Financial Corp | 254 | |||||
2,162 | * | Citizens, Inc (Class A) | 21 | ||||
1,743 | CNA Financial Corp | 29 | |||||
1,100 | * | CNA Surety Corp | 21 | ||||
10,885 | * | Conseco, Inc | 56 | ||||
2,592 | Delphi Financial Group, Inc (Class A) | 48 | |||||
850 | Donegal Group, Inc (Class A) | 14 | |||||
168 | EMC Insurance Group, Inc | 4 | |||||
2,968 | Employers Holdings, Inc | 49 | |||||
3,125 | Endurance Specialty Holdings Ltd | 95 | |||||
426 | * | Enstar Group Ltd | 25 | ||||
1,911 | Erie Indemnity Co (Class A) | 72 | |||||
3,668 | Everest Re Group Ltd | 279 | |||||
881 | FBL Financial Group, Inc (Class A) | 14 | |||||
13,156 | Fidelity National Title Group, Inc (Class A) | 234 | |||||
1,175 | * | First Acceptance Corp | 3 | ||||
5,326 | First American Corp | 154 | |||||
763 | * | First Mercury Financial Corp | 11 | ||||
1,821 | Flagstone Reinsurance Holdings Ltd | 18 | |||||
558 | * | Fpic Insurance Group, Inc | 24 | ||||
25,885 | Genworth Financial, Inc (Class A) | 73 |
34
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,722 | * | Greenlight Capital Re Ltd (Class A) | $ | 22 | |||
3,081 | Hanover Insurance Group, Inc | 132 | |||||
839 | Harleysville Group, Inc | 29 | |||||
7,008 | HCC Insurance Holdings, Inc | 187 | |||||
5,325 | * | Health Net, Inc | 58 | ||||
2,916 | * | Healthspring, Inc | 58 | ||||
2,970 | Horace Mann Educators Corp | 27 | |||||
9,577 | * | Humana, Inc | 357 | ||||
423 | Independence Holding Co | 2 | |||||
936 | Infinity Property & Casualty Corp | 44 | |||||
3,094 | IPC Holdings Ltd | 93 | |||||
314 | Kansas City Life Insurance Co | 14 | |||||
10,630 | Leucadia National Corp | 210 | |||||
14,418 | Lincoln National Corp | 272 | |||||
18,789 | Loews Corp | 531 | |||||
2,909 | Maiden Holdings Ltd | 9 | |||||
508 | * | Markel Corp | 152 | ||||
3,703 | Max Re Capital Ltd | 66 | |||||
12,809 | * | MBIA, Inc | 52 | ||||
2,850 | Meadowbrook Insurance Group, Inc | 18 | |||||
1,267 | Mercury General Corp | 58 | |||||
29,209 | Metlife, Inc | 1,018 | |||||
7,457 | MGIC Investment Corp | 26 | |||||
720 | * | Molina Healthcare, Inc | 13 | ||||
5,597 | Montpelier Re Holdings Ltd | 94 | |||||
224 | National Interstate Corp | 4 | |||||
154 | National Western Life Insurance Co (Class A) | 26 | |||||
2,762 | Nationwide Financial Services, Inc (Class A) | 144 | |||||
838 | * | Navigators Group, Inc | 46 | ||||
376 | NYMAGIC, Inc | 7 | |||||
858 | Odyssey Re Holdings Corp | 44 | |||||
14,152 | Old Republic International Corp | 169 | |||||
1,314 | OneBeacon Insurance Group Ltd (Class A) | 13 | |||||
3,254 | PartnerRe Ltd | 232 | |||||
7,094 | Phoenix Cos, Inc | 23 | |||||
2,759 | Platinum Underwriters Holdings Ltd | 99 | |||||
1,846 | * | PMA Capital Corp (Class A) | 13 | ||||
5,465 | PMI Group, Inc | 11 | |||||
1,393 | Presidential Life Corp | 14 | |||||
2,793 | * | Primus Guaranty Ltd | 3 | ||||
15,488 | Principal Financial Group | 349 | |||||
2,003 | * | ProAssurance Corp | 106 | ||||
39,067 | Progressive Corp | 578 | |||||
4,294 | Protective Life Corp | 62 | |||||
25,470 | Prudential Financial, Inc | 771 | |||||
5,032 | Radian Group, Inc | 19 | |||||
1,249 | * | RadNet, Inc | 4 | ||||
3,978 | Reinsurance Group of America, Inc (Class A) | 170 | |||||
3,366 | RenaissanceRe Holdings Ltd | 174 | |||||
1,157 | RLI Corp | 71 | |||||
784 | Safety Insurance Group, Inc | 30 | |||||
999 | * | SeaBright Insurance Holdings, Inc | 12 | ||||
2,700 | Selective Insurance Group, Inc | 62 | |||||
2,873 | Stancorp Financial Group, Inc | 120 | |||||
913 | State Auto Financial Corp | 27 | |||||
1,214 | Stewart Information Services Corp | 29 | |||||
5,127 | Torchmark Corp | 229 | |||||
1,074 | Tower Group, Inc | 30 | |||||
1,735 | Transatlantic Holdings, Inc | 70 | |||||
35,600 | Travelers Cos, Inc | 1,609 | |||||
700 | * | Triple-S Management Corp (Class B) | 8 | ||||
1,515 | * | United America Indemnity Ltd (Class A) | 19 |
35
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,337 | United Fire & Casualty Co | $ | 42 | ||||
71,532 | UnitedHealth Group, Inc | 1,903 | |||||
2,455 | Unitrin, Inc | 39 | |||||
2,474 | * | Universal American Financial Corp | 22 | ||||
20,714 | UnumProvident Corp | 385 | |||||
3,501 | Validus Holdings Ltd | 92 | |||||
8,567 | W.R. Berkley Corp | 266 | |||||
2,485 | * | WellCare Health Plans, Inc | 32 | ||||
30,885 | * | WellPoint, Inc | 1,301 | ||||
49 | Wesco Financial Corp | 14 | |||||
19,717 | XL Capital Ltd (Class A) | 73 | |||||
2,375 | Zenith National Insurance Corp | 75 | |||||
TOTAL INSURANCE CARRIERS | 20,961 | ||||||
JUSTICE, PUBLIC ORDER AND SAFETY—0.03% | |||||||
7,308 | * | Corrections Corp of America | 120 | ||||
3,103 | * | Geo Group, Inc | 56 | ||||
TOTAL JUSTICE, PUBLIC ORDER AND SAFETY | 176 | ||||||
LEATHER AND LEATHER PRODUCTS—0.10% | |||||||
19,443 | * | Coach, Inc | 404 | ||||
4,890 | * | CROCS, Inc | 6 | ||||
669 | * | Genesco, Inc | 11 | ||||
3,106 | * | Iconix Brand Group, Inc | 31 | ||||
1,333 | * | Steven Madden Ltd | 28 | ||||
2,878 | * | Timberland Co (Class A) | 33 | ||||
378 | Weyco Group, Inc | 13 | |||||
2,989 | Wolverine World Wide, Inc | 63 | |||||
TOTAL LEATHER AND LEATHER PRODUCTS | 589 | ||||||
LEGAL SERVICES—0.03% | |||||||
3,007 | * | FTI Consulting, Inc | 134 | ||||
714 | * | Pre-Paid Legal Services, Inc | 27 | ||||
TOTAL LEGAL SERVICES | 161 | ||||||
LOCAL AND INTERURBAN PASSENGER TRANSIT—0.00%** | |||||||
564 | * | Emergency Medical Services Corp (Class A) | 21 | ||||
TOTAL LOCAL AND INTERURBAN PASSENGER TRANSIT | 21 | ||||||
LUMBER AND WOOD PRODUCTS—0.02% | |||||||
660 | American Woodmark Corp | 12 | |||||
4,900 | * | Champion Enterprises, Inc | 3 | ||||
742 | Deltic Timber Corp | 34 | |||||
6,361 | Louisiana-Pacific Corp | 10 | |||||
442 | Skyline Corp | 9 | |||||
979 | Universal Forest Products, Inc | 26 | |||||
TOTAL LUMBER AND WOOD PRODUCTS | 94 | ||||||
METAL MINING—0.39% | |||||||
2,642 | * | Allied Nevada Gold Corp | 13 | ||||
3,583 | * | Apex Silver Mines Ltd | 4 | ||||
6,250 | Cleveland-Cliffs, Inc | 160 | |||||
33,024 | * | Coeur d'Alene Mines Corp | 29 | ||||
2,756 | Foundation Coal Holdings, Inc | 39 | |||||
22,507 | Freeport-McMoRan Copper & Gold, Inc (Class B) | 550 | |||||
7,406 | * | Hecla Mining Co | 21 | ||||
25,335 | Newmont Mining Corp | 1,031 |
36
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
4,540 | * | Patriot Coal Corp | $ | 28 | |||
3,261 | * | Rosetta Resources, Inc | 23 | ||||
1,762 | Royal Gold, Inc | 87 | |||||
1,718 | * | ShengdaTech, Inc | 6 | ||||
13,194 | Southern Copper Corp | 212 | |||||
1,968 | * | Stillwater Mining Co | 10 | ||||
2,888 | * | Uranium Resources, Inc | 2 | ||||
TOTAL METAL MINING | 2,215 | ||||||
MISCELLANEOUS MANUFACTURING INDUSTRIES—0.24% | |||||||
988 | Armstrong World Industries, Inc | 21 | |||||
1,544 | Blyth, Inc | 12 | |||||
4,329 | Callaway Golf Co | 40 | |||||
2,087 | Daktronics, Inc | 20 | |||||
7,385 | Hasbro, Inc | 215 | |||||
2,063 | * | Intrepid Potash, Inc | 43 | ||||
1,657 | * | Jakks Pacific, Inc | 34 | ||||
1,909 | * | Leapfrog Enterprises, Inc | 7 | ||||
1,066 | Marine Products Corp | 6 | |||||
20,726 | Mattel, Inc | 332 | |||||
2,137 | * | Nautilus, Inc | 5 | ||||
1,217 | * | RC2 Corp | 13 | ||||
700 | * | Russ Berrie & Co, Inc | 2 | ||||
2,343 | * | Shuffle Master, Inc | 12 | ||||
467 | * | Steinway Musical Instruments, Inc | 8 | ||||
28,171 | Tyco International Ltd | 608 | |||||
TOTAL MISCELLANEOUS MANUFACTURING INDUSTRIES | 1,378 | ||||||
MISCELLANEOUS RETAIL—1.24% | |||||||
1,264 | * | 1-800-FLOWERS.COM, Inc (Class A) | 5 | ||||
18,444 | * | Amazon.com, Inc | 946 | ||||
2,240 | Barnes & Noble, Inc | 34 | |||||
1,412 | Big 5 Sporting Goods Corp | 7 | |||||
1,004 | * | Blue Nile, Inc | 25 | ||||
3,769 | * | Borders Group, Inc | 2 | ||||
968 | * | Build-A-Bear Workshop, Inc | 5 | ||||
2,068 | * | Cabela's, Inc | 12 | ||||
1,865 | Cash America International, Inc | 51 | |||||
3,306 | * | CKX, Inc | 12 | ||||
3,853 | * | Coldwater Creek, Inc | 11 | ||||
83,348 | CVS Corp | 2,395 | |||||
4,676 | * | Dick's Sporting Goods, Inc | 66 | ||||
5,275 | * | Dollar Tree, Inc | 220 | ||||
5,097 | * | Drugstore.Com | 6 | ||||
2,322 | * | Ezcorp, Inc (Class A) | 35 | ||||
1,606 | * | GSI Commerce, Inc | 17 | ||||
834 | * | Hibbett Sports, Inc | 13 | ||||
2,163 | * | HSN, Inc | 16 | ||||
1,539 | * | Jo-Ann Stores, Inc | 24 | ||||
3,063 | * | Marvel Entertainment, Inc | 94 | ||||
2,547 | MSC Industrial Direct Co (Class A) | 94 | |||||
2,071 | Nutri/System, Inc | 30 | |||||
15,426 | * | Office Depot, Inc | 46 | ||||
4,100 | OfficeMax, Inc | 31 | |||||
840 | * | Overstock.com, Inc | 9 | ||||
648 | * | PC Mall, Inc | 3 | ||||
7,407 | Petsmart, Inc | 137 | |||||
2,296 | * | Priceline.com, Inc | 169 | ||||
811 | Pricesmart, Inc | 17 | |||||
33,788 | * | Rite Aid Corp | 10 | ||||
895 | * | Shutterfly, Inc | 6 |
37
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
3,750 | Signet Jewelers Ltd | $ | 33 | |||||
1,250 | * | Stamps.com, Inc | 12 | |||||
40,931 | Staples, Inc | 733 | ||||||
461 | Systemax, Inc | 5 | ||||||
7,640 | Tiffany & Co | 180 | ||||||
57,472 | Walgreen Co | 1,418 | ||||||
1,783 | World Fuel Services Corp | 66 | ||||||
1,423 | * | Zale Corp | 5 | |||||
933 | * | Zumiez, Inc | 7 | |||||
TOTAL MISCELLANEOUS RETAIL | 7,007 | |||||||
MOTION PICTURES—0.70% | ||||||||
860 | * | Ascent Media Corp (Series A) | 19 | |||||
1,154 | * | Avid Technology, Inc | 13 | |||||
12,560 | * | Blockbuster, Inc (Class A) | 16 | |||||
1,605 | Cinemark Holdings, Inc | 12 | ||||||
8,600 | * | Discovery Communications, Inc (Class A) | 122 | |||||
7,001 | * | Discovery Communications, Inc (Class C) | 94 | |||||
4,779 | * | DreamWorks Animation SKG, Inc (Class A) | 121 | |||||
1,016 | * | Gaiam, Inc (Class A) | 4 | |||||
5,090 | * | Macrovision Solutions Corp | 64 | |||||
2,600 | National CineMedia, Inc | 26 | ||||||
135,770 | News Corp (Class A) | 1,234 | ||||||
4,340 | Regal Entertainment Group (Class A) | 44 | ||||||
208,007 | Time Warner, Inc | 2,093 | ||||||
8,960 | * | tw telecom inc (Class A) | 76 | |||||
TOTAL MOTION PICTURES | 3,938 | |||||||
NONDEPOSITORY INSTITUTIONS—0.60% | ||||||||
3,765 | Advance America Cash Advance Centers, Inc | 7 | ||||||
2,254 | Advanta Corp (Class B) | 5 | ||||||
12,151 | American Capital Ltd | 39 | ||||||
58,546 | American Express Co | 1,086 | ||||||
6,944 | * | AmeriCredit Corp | 53 | |||||
8,509 | Apollo Investment Corp | 79 | ||||||
5,815 | Ares Capital Corp | 37 | ||||||
2,000 | * | Boise, Inc | — | ^ | ||||
21,945 | Capital One Financial Corp | 700 | ||||||
9,101 | CapitalSource, Inc | 42 | ||||||
2,000 | Chimera Investment Corp | 7 | ||||||
16,133 | CIT Group, Inc | 73 | ||||||
1,233 | * | CompuCredit Corp | 7 | |||||
611 | * | Credit Acceptance Corp | 8 | |||||
28,435 | Discover Financial Services | 271 | ||||||
966 | * | Encore Capital Group, Inc | 7 | |||||
591 | Federal Agricultural Mortgage Corp (Class C) | 2 | ||||||
38,691 | Federal Home Loan Mortgage Corp | 28 | ||||||
47,853 | Federal National Mortgage Association | 36 | ||||||
1,621 | Financial Federal Corp | 38 | ||||||
1,630 | * | First Cash Financial Services, Inc | 31 | |||||
3,742 | * | First Marblehead Corp | 5 | |||||
1,326 | Gladstone Investment Corp | 7 | ||||||
3,300 | GLG Partners, Inc | 7 | ||||||
2,159 | * | Guaranty Financial Group, Inc | 6 | |||||
1,426 | Hercules Technology Growth Capital, Inc | 11 | ||||||
1,051 | Kohlberg Capital Corp | 4 | ||||||
5,871 | Lender Processing Services, Inc | 173 | ||||||
3,668 | MCG Capital Corp | 3 | ||||||
872 | Medallion Financial Corp | 7 | ||||||
1,518 | * | Mercadolibre, Inc | 25 | |||||
603 | * | Mitcham Industries, Inc | 2 | |||||
1,165 | Nelnet, Inc (Class A) | 17 | ||||||
812 | * | NewStar Financial, Inc | 3 | |||||
1,181 | NGP Capital Resources Co | 10 |
38
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
2,600 | * | Ocwen Financial Corp | $ | 24 | |||
1,115 | Patriot Capital Funding, Inc | 4 | |||||
1,209 | PennantPark Investment Corp | 4 | |||||
3,083 | * | PHH Corp | 39 | ||||
26,069 | * | SLM Corp | 232 | ||||
258 | Student Loan Corp | 11 | |||||
14,852 | Textron, Inc | 206 | |||||
2,956 | * | thinkorswim Group, Inc | 17 | ||||
360 | * | Tree.com, Inc | 1 | ||||
393 | * | World Acceptance Corp | 8 | ||||
TOTAL NONDEPOSITORY INSTITUTIONS | 3,382 | ||||||
NONMETALLIC MINERALS, EXCEPT FUELS—0.11% | |||||||
1,482 | AMCOL International Corp | 31 | |||||
1,945 | Compass Minerals International, Inc | 114 | |||||
2,908 | * | General Moly, Inc | 4 | ||||
6,416 | Vulcan Materials Co | 446 | |||||
TOTAL NONMETALLIC MINERALS, EXCEPT FUELS | 595 | ||||||
OIL AND GAS EXTRACTION—3.98% | |||||||
2,461 | * | Abraxas Petroleum Corp | 2 | ||||
27,285 | Anadarko Petroleum Corp | 1,052 | |||||
19,269 | Apache Corp | 1,436 | |||||
568 | APCO Argentina, Inc | 15 | |||||
546 | * | Approach Resources, Inc | 4 | ||||
2,099 | * | Arena Resources, Inc | 59 | ||||
2,141 | Atlas America, Inc | 32 | |||||
1,653 | * | ATP Oil & Gas Corp | 10 | ||||
3,326 | * | Atwood Oceanics, Inc | 51 | ||||
18,033 | Baker Hughes, Inc | 578 | |||||
2,507 | * | Basic Energy Services, Inc | 33 | ||||
2,505 | Berry Petroleum Co (Class A) | 19 | |||||
2,193 | * | Bill Barrett Corp | 47 | ||||
17,583 | BJ Services Co | 205 | |||||
2,240 | * | BMB Munai, Inc | 3 | ||||
2,914 | * | Brigham Exploration Co | 9 | ||||
1,573 | * | Bronco Drilling Co, Inc | 10 | ||||
5,926 | Cabot Oil & Gas Corp | 154 | |||||
2,632 | * | Cal Dive International, Inc | 17 | ||||
1,319 | * | Callon Petroleum Co | 4 | ||||
12,992 | * | Cameron International Corp | 266 | ||||
2,276 | * | Cano Petroleum, Inc | 1 | ||||
1,637 | * | Carrizo Oil & Gas, Inc | 26 | ||||
3,135 | * | Cheniere Energy, Inc | 9 | ||||
33,442 | Chesapeake Energy Corp | 541 | |||||
4,959 | Cimarex Energy Co | 133 | |||||
326 | * | Clayton Williams Energy, Inc | 15 | ||||
794 | * | CNX Gas Corp | 22 | ||||
2,885 | * | Complete Production Services, Inc | 24 | ||||
2,751 | * | Comstock Resources, Inc | 130 | ||||
2,981 | * | Concho Resources, Inc | 68 | ||||
811 | * | Contango Oil & Gas Co | 46 | ||||
1,798 | * | Continental Resources, Inc | 37 | ||||
474 | * | Dawson Geophysical Co | 9 | ||||
4,024 | * | Delta Petroleum Corp | 19 | ||||
14,734 | * | Denbury Resources, Inc | 161 | ||||
26,023 | Devon Energy Corp | 1,710 | |||||
3,843 | Diamond Offshore Drilling, Inc | 227 | |||||
488 | * | Double Eagle Petroleum Co | 3 | ||||
3,268 | * | Encore Acquisition Co | 83 | ||||
6,804 | * | Endeavour International Corp | 3 | ||||
2,129 | * | Energy Partners Ltd | 3 |
39
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
800 | * | Energy Recovery, Inc | $ | 6 | ||||
4,218 | Energy XXI Bermuda Ltd | 3 | ||||||
8,035 | ENSCO International, Inc | 228 | ||||||
14,459 | EOG Resources, Inc | 963 | ||||||
7,828 | Equitable Resources, Inc | 263 | ||||||
8,968 | * | EXCO Resources, Inc | 81 | |||||
3,923 | * | Exterran Holdings, Inc | 84 | |||||
5,265 | * | Forest Oil Corp | 87 | |||||
2,157 | * | FX Energy, Inc | 6 | |||||
5,648 | * | Gasco Energy, Inc | 2 | |||||
1,949 | * | GeoGlobal Resources, Inc | 3 | |||||
424 | * | Geokinetics, Inc | 1 | |||||
1,091 | * | Geomet, Inc | 2 | |||||
6,920 | * | Global Industries Ltd | 24 | |||||
875 | * | GMX Resources, Inc | 22 | |||||
1,200 | * | Goodrich Petroleum Corp | 36 | |||||
1,573 | * | Gulfport Energy Corp | 6 | |||||
51,110 | Halliburton Co | 929 | ||||||
2,496 | * | Harvest Natural Resources, Inc | 11 | |||||
5,489 | * | Helix Energy Solutions Group, Inc | 40 | |||||
6,324 | Helmerich & Payne, Inc | 144 | ||||||
5,316 | * | Hercules Offshore, Inc | 25 | |||||
597 | Kayne Anderson Energy Development Co | 4 | ||||||
7,484 | * | Key Energy Services, Inc | 33 | |||||
5,069 | * | Mariner Energy, Inc | 52 | |||||
3,025 | * | McMoRan Exploration Co | 30 | |||||
6,041 | * | Meridian Resource Corp | 4 | |||||
16,719 | * | Nabors Industries Ltd | 200 | |||||
24,108 | * | National Oilwell Varco, Inc | 589 | |||||
7,053 | * | Newfield Exploration Co | 139 | |||||
5,171 | * | Newpark Resources, Inc | 19 | |||||
15,483 | Noble Corp | 342 | ||||||
9,771 | Noble Energy, Inc | 481 | ||||||
1,187 | * | Northern Oil And Gas, Inc | 3 | |||||
47,823 | Occidental Petroleum Corp | 2,869 | ||||||
3,300 | * | Oceaneering International, Inc | 96 | |||||
9,895 | * | Oilsands Quest, Inc | 7 | |||||
447 | Panhandle Oil and Gas, Inc (Class A) | 8 | ||||||
2,487 | * | Parallel Petroleum Corp | 5 | |||||
6,555 | * | Parker Drilling Co | 19 | |||||
9,241 | Patterson-UTI Energy, Inc | 106 | ||||||
2,491 | Penn Virginia Corp | 65 | ||||||
361 | *,m,v | Petrocorp, Inc | — | ^ | ||||
15,052 | * | PetroHawk Energy Corp | 235 | |||||
1,000 | * | Petroleum Development Corp | 24 | |||||
2,768 | * | Petroquest Energy, Inc | 19 | |||||
2,681 | * | Pioneer Drilling Co | 15 | |||||
7,158 | Pioneer Natural Resources Co | 116 | ||||||
6,453 | * | Plains Exploration & Production Co | 150 | |||||
1,370 | Precision Drilling Trust | 11 | ||||||
10,147 | * | Pride International, Inc | 162 | |||||
1,170 | * | Quest Resource Corp | — | ^ | ||||
5,992 | * | Quicksilver Resources, Inc | 33 | |||||
2,214 | * | RAM Energy Resources, Inc | 2 | |||||
9,241 | Range Resources Corp | 318 | ||||||
989 | * | Rex Energy Corp | 3 | |||||
6,543 | Rowan Cos, Inc | 104 | ||||||
1,462 | RPC, Inc | 14 | ||||||
69,509 | Schlumberger Ltd | 2,942 | ||||||
1,221 | * | SEACOR Holdings, Inc | 81 |
40
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
12,643 | Smith International, Inc | $ | 289 | |||||
19,908 | * | Southwestern Energy Co | 577 | |||||
3,800 | St. Mary Land & Exploration Co | 77 | ||||||
1,300 | * | Stone Energy Corp | 14 | |||||
3,221 | * | Sulphco, Inc | 3 | |||||
4,839 | * | Superior Energy Services | 77 | |||||
989 | * | Superior Well Services, Inc | 10 | |||||
1,701 | * | Swift Energy Co | 29 | |||||
4,475 | * | Tetra Technologies, Inc | 22 | |||||
3,048 | Tidewater, Inc | 123 | ||||||
942 | * | Toreador Resources Corp | 5 | |||||
755 | * | Trico Marine Services, Inc | 3 | |||||
1,391 | * | Tri-Valley Corp | 3 | |||||
1,841 | * | TXCO Resources, Inc | 3 | |||||
500 | * | Union Drilling, Inc | 3 | |||||
2,793 | * | Unit Corp | 75 | |||||
3,680 | * | Vaalco Energy, Inc | 27 | |||||
1,213 | * | Venoco, Inc | 3 | |||||
1,693 | W&T Offshore, Inc | 24 | ||||||
3,436 | * | Warren Resources, Inc | 7 | |||||
39,268 | * | Weatherford International Ltd | 425 | |||||
2,534 | * | Whiting Petroleum Corp | 85 | |||||
2,395 | * | Willbros Group, Inc | 20 | |||||
32,268 | XTO Energy, Inc | 1,138 | ||||||
TOTAL OIL AND GAS EXTRACTION | 22,584 | |||||||
PAPER AND ALLIED PRODUCTS—0.43% | ||||||||
2,993 | * | AbitibiBowater, Inc | 1 | |||||
5,948 | Bemis Co | 141 | ||||||
2,317 | * | Buckeye Technologies, Inc | 9 | |||||
3,345 | * | Cenveo, Inc | 15 | |||||
27,125 | * | Domtar Corporation | 45 | |||||
2,970 | Glatfelter | 28 | ||||||
8,726 | * | Graphic Packaging Holding Co | 10 | |||||
2,066 | Greif, Inc (Class A) | 69 | ||||||
24,643 | International Paper Co | 291 | ||||||
24,449 | Kimberly-Clark Corp | 1,289 | ||||||
10,393 | MeadWestvaco Corp | 116 | ||||||
1,971 | * | Mercer International, Inc | 4 | |||||
1,075 | Neenah Paper, Inc | 10 | ||||||
5,657 | Packaging Corp of America | 76 | ||||||
2,293 | Rock-Tenn Co (Class A) | 78 | ||||||
1,040 | Schweitzer-Mauduit International, Inc | 21 | ||||||
953 | * | Smurfit-Stone Container Corp | — | ^ | ||||
6,153 | Sonoco Products Co | 143 | ||||||
6,477 | Temple-Inland, Inc | 31 | ||||||
3,174 | Wausau Paper Corp | 36 | ||||||
TOTAL PAPER AND ALLIED PRODUCTS | 2,413 | |||||||
PERSONAL SERVICES—0.17% | ||||||||
7,099 | Cintas Corp | 165 | ||||||
1,994 | * | Coinstar, Inc | 39 | |||||
1,405 | G & K Services, Inc (Class A) | 28 | ||||||
18,644 | H&R Block, Inc | 423 | ||||||
2,055 | Jackson Hewitt Tax Service, Inc | 32 | ||||||
2,615 | Regis Corp | 38 | ||||||
5,024 | * | Sally Beauty Holdings, Inc | 29 | |||||
16,197 | Service Corp International | 80 | ||||||
1,036 | * | Steiner Leisure Ltd | 31 | |||||
864 | Unifirst Corp | 26 | ||||||
2,092 | Weight Watchers International, Inc | 62 | ||||||
TOTAL PERSONAL SERVICES | 953 | |||||||
PETROLEUM AND COAL PRODUCTS—7.42% | ||||||||
783 | Alon USA Energy, Inc | 7 | ||||||
2,205 | * | American Oil & Gas, Inc | 2 |
41
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
4,098 | Ashland, Inc | $ | 43 | ||||
120,590 | Chevron Corp | 8,920 | |||||
89,919 | ConocoPhillips | 4,658 | |||||
1,100 | * | CVR Energy, Inc | 4 | ||||
683 | Delek US Holdings, Inc | 4 | |||||
307,925 | Exxon Mobil Corp | 24,582 | |||||
5,933 | Frontier Oil Corp | 75 | |||||
5,681 | * | Gran Tierra Energy, Inc | 16 | ||||
2,769 | * | Headwaters, Inc | 19 | ||||
16,534 | Hess Corp | 887 | |||||
2,601 | Holly Corp | 47 | |||||
41,567 | Marathon Oil Corp | 1,137 | |||||
10,867 | Murphy Oil Corp | 482 | |||||
610 | Quaker Chemical Corp | 10 | |||||
5,518 | * | SandRidge Energy, Inc | 34 | ||||
7,003 | Sunoco, Inc | 304 | |||||
8,359 | Tesoro Corp | 110 | |||||
30,730 | Valero Energy Corp | 665 | |||||
1,100 | WD-40 Co | 31 | |||||
1,509 | Western Refining, Inc | 12 | |||||
TOTAL PETROLEUM AND COAL PRODUCTS | 42,049 | ||||||
PIPELINES, EXCEPT NATURAL GAS—0.10% | |||||||
36,633 | Spectra Energy Corp | 577 | |||||
TOTAL PIPELINES, EXCEPT NATURAL GAS | 577 | ||||||
PRIMARY METAL INDUSTRIES—0.73% | |||||||
5,205 | AK Steel Holding Corp | 49 | |||||
47,575 | Alcoa, Inc | 536 | |||||
6,046 | Allegheny Technologies, Inc | 154 | |||||
2,599 | Belden CDT, Inc | 54 | |||||
1,200 | * | Brush Engineered Materials, Inc | 15 | ||||
2,012 | Carpenter Technology Corp | 41 | |||||
1,754 | * | Century Aluminum Co | 18 | ||||
528 | * | Coleman Cable, Inc | 2 | ||||
4,100 | * | CommScope, Inc | 64 | ||||
92,360 | Corning, Inc | 880 | |||||
1,511 | Encore Wire Corp | 29 | |||||
849 | * | Fushi Copperweld, Inc | 4 | ||||
2,050 | * | General Cable Corp | 36 | ||||
636 | * | General Steel Holdings, Inc | 3 | ||||
1,633 | Gibraltar Industries, Inc | 19 | |||||
718 | * | Haynes International, Inc | 18 | ||||
2,056 | * | Horsehead Holding Corp | 10 | ||||
2,660 | Hubbell, Inc (Class B) | 87 | |||||
1,977 | Matthews International Corp (Class A) | 73 | |||||
1,459 | * | Metalico, Inc | 2 | ||||
2,431 | Mueller Industries, Inc | 61 | |||||
538 | * | Northwest Pipe Co | 23 | ||||
18,259 | Nucor Corp | 844 | |||||
529 | Olympic Steel, Inc | 11 | |||||
8,241 | Precision Castparts Corp | 490 | |||||
1,496 | * | RTI International Metals, Inc | 22 | ||||
1,362 | Schnitzer Steel Industries, Inc (Class A) | 51 | |||||
10,047 | Steel Dynamics, Inc | 112 | |||||
1,393 | Texas Industries, Inc | 48 | |||||
5,118 | Titanium Metals Corp | 45 | |||||
1,864 | Tredegar Corp | 34 | |||||
6,434 | United States Steel Corp | 239 | |||||
400 | * | Universal Stainless & Alloy | 6 | ||||
3,836 | Worthington Industries, Inc | 42 | |||||
TOTAL PRIMARY METAL INDUSTRIES | 4,122 | ||||||
PRINTING AND PUBLISHING—0.28% | |||||||
2,726 | * | ACCO Brands Corp | 9 |
42
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,036 | AH Belo Corp (Class A) | $ | 2 | |||||
3,245 | American Greetings Corp (Class A) | 25 | ||||||
5,182 | Belo (A.H.) Corp (Class A) | 8 | ||||||
2,400 | Bowne & Co, Inc | 14 | ||||||
594 | * | Consolidated Graphics, Inc | 13 | |||||
594 | Courier Corp | 11 | ||||||
269 | CSS Industries, Inc | 5 | ||||||
1,291 | * | Dolan Media Co | 9 | |||||
3,340 | Dun & Bradstreet Corp | 258 | ||||||
1,693 | Ennis, Inc | 21 | ||||||
1,802 | EW Scripps Co (Class A) | 4 | ||||||
13,654 | Gannett Co, Inc | 109 | ||||||
2,799 | Harte-Hanks, Inc | 17 | ||||||
2,035 | John Wiley & Sons, Inc (Class A) | 72 | ||||||
2,807 | Journal Communications, Inc (Class A) | 7 | ||||||
2,965 | Lee Enterprises, Inc | 1 | ||||||
1,522 | * | Martha Stewart Living Omnimedia, Inc (Class A) | 4 | |||||
2,758 | McClatchy Co (Class A) | 2 | ||||||
18,492 | McGraw-Hill Cos, Inc | 429 | ||||||
1,557 | Media General, Inc (Class A) | 3 | ||||||
2,369 | Meredith Corp | 41 | ||||||
2,630 | * | MSCI, Inc (Class A) | 47 | |||||
514 | Multi-Color Corp | 8 | ||||||
8,530 | New York Times Co (Class A) | 63 | ||||||
945 | * | Playboy Enterprises, Inc (Class B) | 2 | |||||
1,695 | * | Presstek, Inc | 5 | |||||
2,715 | Primedia, Inc | 6 | ||||||
4,232 | * | R.H. Donnelley Corp | 1 | |||||
12,693 | R.R. Donnelley & Sons Co | 172 | ||||||
977 | Schawk, Inc (Class A) | 11 | ||||||
1,473 | * | Scholastic Corp | 20 | |||||
1,179 | Standard Register Co | 11 | ||||||
3,018 | * | Valassis Communications, Inc | 4 | |||||
2,630 | * | VistaPrint Ltd | 49 | |||||
329 | Washington Post Co (Class B) | 128 | ||||||
TOTAL PRINTING AND PUBLISHING | 1,591 | |||||||
RAILROAD TRANSPORTATION—0.82% | ||||||||
16,247 | Burlington Northern Santa Fe Corp | 1,230 | ||||||
23,748 | CSX Corp | 771 | ||||||
1,841 | * | Genesee & Wyoming, Inc (Class A) | 56 | |||||
4,812 | * | Kansas City Southern Industries, Inc | 92 | |||||
22,085 | Norfolk Southern Corp | 1,039 | ||||||
30,027 | Union Pacific Corp | 1,435 | ||||||
TOTAL RAILROAD TRANSPORTATION | 4,623 | |||||||
REAL ESTATE—0.06% | ||||||||
10,114 | * | CB Richard Ellis Group, Inc (Class A) | 44 | |||||
378 | Consolidated-Tomoka Land Co | 14 | ||||||
1,553 | DuPont Fabros Technology, Inc | 3 | ||||||
4,444 | Forest City Enterprises, Inc (Class A) | 30 | ||||||
2,159 | * | Forestar Real Estate Group, Inc | 21 | |||||
660 | * | FX Real Estate and Entertainment, Inc | — | ^ | ||||
982 | Grubb & Ellis Co | 1 | ||||||
1,906 | Jones Lang LaSalle, Inc | 53 | ||||||
1,663 | * | LoopNet, Inc | 11 | |||||
5,578 | * | St. Joe Co | 136 | |||||
3,104 | Stewart Enterprises, Inc (Class A) | 9 | ||||||
297 | * | Stratus Properties, Inc | 4 | |||||
1,468 | Thomas Properties Group, Inc | 4 | ||||||
TOTAL REAL ESTATE | 330 | |||||||
RUBBER AND MISCELLANEOUS PLASTIC PRODUCTS—0.31% | ||||||||
464 | * | AEP Industries, Inc | 8 | |||||
3,774 | Cooper Tire & Rubber Co | 23 | ||||||
781 | * | Deckers Outdoor Corp | 63 |
43
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
12,589 | * | Goodyear Tire & Rubber Co | $ | 75 | |||
881 | * | Metabolix, Inc | 11 | ||||
16,581 | Newell Rubbermaid, Inc | 162 | |||||
20,774 | Nike, Inc (Class B) | 1,060 | |||||
1,704 | Schulman (A.), Inc | 29 | |||||
8,376 | Sealed Air Corp | 125 | |||||
1,985 | * | Skechers U.S.A., Inc (Class A) | 25 | ||||
2,188 | Spartech Corp | 14 | |||||
1,848 | Titan International, Inc | 15 | |||||
714 | * | Trex Co, Inc | 12 | ||||
3,650 | Tupperware Corp | 83 | |||||
2,075 | West Pharmaceutical Services, Inc | 78 | |||||
TOTAL RUBBER AND MISCELLANEOUS PLASTIC PRODUCTS | 1,783 | ||||||
SECURITY AND COMMODITY BROKERS—1.91% | |||||||
13,287 | Ameriprise Financial, Inc | 310 | |||||
947 | BlackRock, Inc | 127 | |||||
8,541 | Broadridge Financial Solutions, Inc | 107 | |||||
1,547 | Calamos Asset Management, Inc (Class A) | 11 | |||||
54,106 | Charles Schwab Corp | 875 | |||||
3,877 | CME Group, Inc | 807 | |||||
1,086 | Cohen & Steers, Inc | 12 | |||||
118 | Diamond Hill Investment Group, Inc | 8 | |||||
800 | * | Duff & Phelps Corp | 15 | ||||
25,192 | * | E*Trade Financial Corp | 29 | ||||
6,300 | Eaton Vance Corp | 132 | |||||
528 | Evercore Partners, Inc (Class A) | 7 | |||||
2,300 | * | FBR Capital Markets Corp | 11 | ||||
1,364 | * | FCStone Group, Inc | 6 | ||||
5,305 | Federated Investors, Inc (Class B) | 90 | |||||
8,924 | Franklin Resources, Inc | 569 | |||||
9,089 | * | Friedman Billings Ramsey Group, Inc (Class A) | 2 | ||||
448 | GAMCO Investors, Inc (Class A) | 12 | |||||
3,928 | GFI Group, Inc | 14 | |||||
25,694 | Goldman Sachs Group, Inc | 2,168 | |||||
1,134 | Greenhill & Co, Inc | 79 | |||||
2,464 | * | Interactive Brokers Group, Inc (Class A) | 44 | ||||
4,000 | * | IntercontinentalExchange, Inc | 330 | ||||
22,419 | Invesco Ltd | 324 | |||||
2,790 | * | Investment Technology Group, Inc | 63 | ||||
9,634 | Janus Capital Group, Inc | 77 | |||||
7,640 | Jefferies Group, Inc | 107 | |||||
1,786 | * | KBW, Inc | 41 | ||||
5,354 | * | Knight Capital Group, Inc (Class A) | 87 | ||||
3,465 | * | LaBranche & Co, Inc | 17 | ||||
6,023 | * | Ladenburg Thalmann Financial Services, Inc | 4 | ||||
4,456 | Lazard Ltd (Class A) | 133 | |||||
8,138 | Legg Mason, Inc | 178 | |||||
1,518 | * | MarketAxess Holdings, Inc | 12 | ||||
89,780 | Merrill Lynch & Co, Inc | 1,045 | |||||
900 | * | MF Global Ltd | 2 | ||||
64,771 | Morgan Stanley | 1,039 | |||||
967 | * | Morningstar, Inc | 34 | ||||
7,620 | * | Nasdaq Stock Market, Inc | 188 | ||||
15,319 | NYSE Euronext | 420 | |||||
2,681 | optionsXpress Holdings, Inc | 36 | |||||
879 | * | Penson Worldwide, Inc | 7 | ||||
1,153 | * | Piper Jaffray Cos | 46 | ||||
5,630 | Raymond James Financial, Inc | 97 | |||||
870 | Sanders Morris Harris Group, Inc | 5 | |||||
8,072 | SEI Investments Co | 127 | |||||
1,409 | * | Stifel Financial Corp | 65 | ||||
1,726 | SWS Group, Inc | 33 | |||||
15,553 | T Rowe Price Group, Inc | 551 | |||||
14,726 | * | TD Ameritrade Holding Corp | 210 |
44
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,322 | * | Thomas Weisel Partners Group, Inc | $ | 6 | |||
702 | US Global Investors, Inc (Class A) | 3 | |||||
98 | Value Line, Inc | 3 | |||||
5,415 | Waddell & Reed Financial, Inc (Class A) | 84 | |||||
322 | Westwood Holdings Group, Inc | 9 | |||||
TOTAL SECURITY AND COMMODITY BROKERS | 10,818 | ||||||
SOCIAL SERVICES—0.00%** | |||||||
1,396 | * | Capital Senior Living Corp | 4 | ||||
617 | * | Providence Service Corp | 1 | ||||
1,211 | * | Res-Care, Inc | 18 | ||||
TOTAL SOCIAL SERVICES | 23 | ||||||
SPECIAL TRADE CONTRACTORS—0.09% | |||||||
246 | Alico, Inc | 10 | |||||
1,884 | * | AsiaInfo Holdings, Inc | 22 | ||||
1,067 | Chemed Corp | 42 | |||||
2,673 | Comfort Systems USA, Inc | 29 | |||||
2,650 | * | Dycom Industries, Inc | 22 | ||||
3,912 | * | EMCOR Group, Inc | 88 | ||||
1,632 | * | Insituform Technologies, Inc (Class A) | 32 | ||||
987 | * | Integrated Electrical Services, Inc | 8 | ||||
1,155 | * | Layne Christensen Co | 28 | ||||
10,263 | * | Quanta Services, Inc | 203 | ||||
TOTAL SPECIAL TRADE CONTRACTORS | 484 | ||||||
STONE, CLAY, AND GLASS PRODUCTS—0.52% | |||||||
41,249 | 3M Co | 2,373 | |||||
2,068 | Apogee Enterprises, Inc | 22 | |||||
665 | * | Cabot Microelectronics Corp | 17 | ||||
1,232 | CARBO Ceramics, Inc | 44 | |||||
2,603 | Eagle Materials, Inc | 48 | |||||
8,722 | Gentex Corp | 77 | |||||
862 | Libbey, Inc | 1 | |||||
4,568 | * | Owens Corning, Inc | 79 | ||||
9,975 | * | Owens-Illinois, Inc | 273 | ||||
2,151 | * | US Concrete, Inc | 7 | ||||
4,021 | * | USG Corp | 32 | ||||
TOTAL STONE, CLAY, AND GLASS PRODUCTS | 2,973 | ||||||
TEXTILE MILL PRODUCTS—0.03% | |||||||
1,703 | Albany International Corp (Class A) | 22 | |||||
3,257 | Interface, Inc (Class A) | 15 | |||||
3,326 | * | Mohawk Industries, Inc | 143 | ||||
874 | Oxford Industries, Inc | 7 | |||||
905 | * | Xerium Technologies, Inc | 1 | ||||
TOTAL TEXTILE MILL PRODUCTS | 188 | ||||||
TOBACCO PRODUCTS—1.55% | |||||||
121,864 | Altria Group, Inc | 1,835 | |||||
8,981 | Fortune Brands, Inc | 371 | |||||
10,230 | Lorillard, Inc | 576 | |||||
123,160 | Philip Morris International, Inc | 5,359 | |||||
1,060 | Universal Corp | 32 | |||||
8,397 | UST, Inc | 583 | |||||
2,525 | Vector Group Ltd | 34 | |||||
TOTAL TOBACCO PRODUCTS | 8,790 | ||||||
TRANSPORTATION BY AIR—0.48% | |||||||
677 | * | Air Methods Corp | 11 | ||||
5,873 | * | Airtran Holdings, Inc | 26 |
45
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
2,436 | * | Alaska Air Group, Inc | $ | 71 | |||
804 | * | Allegiant Travel Co | 39 | ||||
14,725 | * | AMR Corp | 157 | ||||
809 | * | Atlas Air Worldwide Holdings, Inc | 15 | ||||
1,071 | * | Bristow Group, Inc | 29 | ||||
5,828 | * | Continental Airlines, Inc (Class B) | 105 | ||||
1,785 | Copa Holdings S.A. (Class A) | 54 | |||||
33,874 | * | Delta Air Lines, Inc | 388 | ||||
18,127 | FedEx Corp | 1,163 | |||||
2,405 | * | Hawaiian Holdings, Inc | 16 | ||||
11,166 | * | JetBlue Airways Corp | 79 | ||||
882 | * | PHI, Inc | 12 | ||||
2,007 | * | Republic Airways Holdings, Inc | 21 | ||||
2,935 | Skywest, Inc | 55 | |||||
43,331 | Southwest Airlines Co | 374 | |||||
6,915 | UAL Corp | 76 | |||||
4,982 | * | US Airways Group, Inc | 39 | ||||
TOTAL TRANSPORTATION BY AIR | 2,730 | ||||||
TRANSPORTATION EQUIPMENT—2.40% | |||||||
1,197 | A.O. Smith Corp | 36 | |||||
2,061 | * | AAR Corp | 38 | ||||
418 | * | Aerovironment, Inc | 16 | ||||
2,719 | American Axle & Manufacturing Holdings, Inc | 8 | |||||
569 | American Railcar Industries, Inc | 6 | |||||
1,306 | * | Amerigon, Inc (Class A) | 4 | ||||
4,699 | ArvinMeritor, Inc | 13 | |||||
1,438 | * | ATC Technology Corp | 21 | ||||
3,471 | Autoliv, Inc | 75 | |||||
5,637 | * | BE Aerospace, Inc | 43 | ||||
44,073 | Boeing Co | 1,881 | |||||
5,519 | Brunswick Corp | 23 | |||||
3,028 | Clarcor, Inc | 100 | |||||
940 | * | Cogo Group, Inc | 5 | ||||
5,941 | * | Dana Holding Corp | 4 | ||||
636 | Ducommun, Inc | 11 | |||||
996 | * | Federal Mogul Corp (Class A) | 4 | ||||
3,359 | Federal Signal Corp | 28 | |||||
4,014 | * | Force Protection, Inc | 24 | ||||
129,460 | * | Ford Motor Co | 296 | ||||
809 | Freightcar America, Inc | 15 | |||||
735 | * | Fuel Systems Solutions, Inc | 24 | ||||
3,656 | * | GenCorp, Inc | 13 | ||||
23,050 | General Dynamics Corp | 1,327 | |||||
32,035 | General Motors Corp | 103 | |||||
516 | * | GenTek, Inc | 8 | ||||
9,112 | Genuine Parts Co | 345 | |||||
7,490 | Goodrich Corp | 277 | |||||
869 | Greenbrier Cos, Inc | 6 | |||||
1,580 | Group 1 Automotive, Inc | 17 | |||||
14,147 | Harley-Davidson, Inc | 240 | |||||
5,143 | Harsco Corp | 142 | |||||
5,897 | * | Hayes Lemmerz International, Inc | 3 | ||||
985 | Heico Corp | 38 | |||||
43,476 | Honeywell International, Inc | 1,427 | |||||
1,612 | Kaman Corp | 29 | |||||
1,411 | * | Lear Corp | 2 | ||||
533 | * | LMI Aerospace, Inc | 6 | ||||
19,080 | Lockheed Martin Corp | 1,604 | |||||
19,910 | Northrop Grumman Corp | 897 | |||||
3,572 | * | Orbital Sciences Corp | 70 |
46
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
2,428 | Oshkosh Truck Corp | $ | 22 | ||||
21,148 | Paccar, Inc | 605 | |||||
7,065 | * | Pactiv Corp | 176 | ||||
2,038 | Polaris Industries, Inc | 58 | |||||
1,983 | Spartan Motors, Inc | 9 | |||||
6,221 | * | Spirit Aerosystems Holdings, Inc (Class A) | 63 | ||||
1,631 | Superior Industries International, Inc | 17 | |||||
2,719 | * | Tenneco, Inc | 8 | ||||
2,119 | Thor Industries, Inc | 28 | |||||
1,979 | * | TransDigm Group, Inc | 66 | ||||
4,846 | Trinity Industries, Inc | 76 | |||||
984 | Triumph Group, Inc | 42 | |||||
2,648 | * | TRW Automotive Holdings Corp | 10 | ||||
56,747 | United Technologies Corp | 3,042 | |||||
7,954 | * | Visteon Corp | 3 | ||||
2,193 | Wabash National Corp | 10 | |||||
2,903 | Westinghouse Air Brake Technologies Corp | 115 | |||||
1,944 | Winnebago Industries, Inc | 12 | |||||
TOTAL TRANSPORTATION EQUIPMENT | 13,591 | ||||||
TRANSPORTATION SERVICES—0.23% | |||||||
1,330 | Ambassadors Group, Inc | 12 | |||||
10,211 | CH Robinson Worldwide, Inc | 562 | |||||
783 | * | Dynamex, Inc | 12 | ||||
12,198 | Expeditors International Washington, Inc | 406 | |||||
2,753 | GATX Corp | 85 | |||||
2,417 | * | HUB Group, Inc (Class A) | 64 | ||||
2,163 | * | Interval Leisure Group, Inc | 12 | ||||
2,500 | * | Orbitz Worldwide, Inc | 10 | ||||
2,338 | Pacer International, Inc | 24 | |||||
6,068 | UTI Worldwide, Inc | 87 | |||||
TOTAL TRANSPORTATION SERVICES | 1,274 | ||||||
TRUCKING AND WAREHOUSING—0.49% | |||||||
1,500 | Arkansas Best Corp | 45 | |||||
1,483 | * | Celadon Group, Inc | 13 | ||||
2,398 | Con-way, Inc | 64 | |||||
1,949 | Forward Air Corp | 47 | |||||
3,489 | Heartland Express, Inc | 55 | |||||
4,893 | J.B. Hunt Transport Services, Inc | 129 | |||||
3,156 | Landstar System, Inc | 121 | |||||
952 | * | Marten Transport Ltd | 18 | ||||
1,717 | * | Old Dominion Freight Line | 49 | ||||
103 | * | Patriot Transportation Holding, Inc | 7 | ||||
900 | * | Saia, Inc | 10 | ||||
39,870 | United Parcel Service, Inc (Class B) | 2,199 | |||||
200 | * | Universal Truckload Services, Inc | 3 | ||||
1,755 | Werner Enterprises, Inc | 30 | |||||
3,415 | * | YRC Worldwide, Inc | 10 | ||||
TOTAL TRUCKING AND WAREHOUSING | 2,800 | ||||||
WATER TRANSPORTATION—0.24% | |||||||
1,950 | Alexander & Baldwin, Inc | 49 | |||||
2,778 | * | American Commercial Lines, Inc | 14 | ||||
25,204 | Carnival Corp | 613 | |||||
2,362 | DHT Maritime, Inc | 13 | |||||
2,567 | Eagle Bulk Shipping, Inc | 18 | |||||
2,983 | Frontline Ltd | 88 | |||||
1,322 | Genco Shipping & Trading Ltd | 20 | |||||
2,956 | General Maritime Corp | 32 | |||||
2,142 | Golar LNG Ltd | 14 | |||||
1,244 | * | Gulfmark Offshore, Inc | 30 |
47
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
2,063 | Horizon Lines, Inc (Class A) | $ | 7 | ||||
1,586 | * | Hornbeck Offshore Services, Inc | 26 | ||||
357 | International Shipholding Corp | 9 | |||||
3,228 | * | Kirby Corp | 88 | ||||
1,036 | Knightsbridge Tankers Ltd | 15 | |||||
2,047 | Nordic American Tanker Shipping | 69 | |||||
2,450 | * | Odyssey Marine Exploration, Inc | 8 | ||||
964 | Overseas Shipholding Group, Inc | 41 | |||||
8,396 | Royal Caribbean Cruises Ltd | 115 | |||||
2,365 | Ship Finance International Ltd | 26 | |||||
400 | * | TBS International Ltd (Class A) | 4 | ||||
2,428 | Teekay Corp | 48 | |||||
800 | Teekay Tankers Ltd (Class A) | 10 | |||||
931 | * | Ultrapetrol Bahamas Ltd | 2 | ||||
TOTAL WATER TRANSPORTATION | 1,359 | ||||||
WHOLESALE TRADE-DURABLE GOODS—0.36% | |||||||
2,158 | Agilysys, Inc | 10 | |||||
2,206 | Applied Industrial Technologies, Inc | 42 | |||||
6,511 | * | Arrow Electronics, Inc | 123 | ||||
2,819 | Barnes Group, Inc | 41 | |||||
2,807 | * | Beacon Roofing Supply, Inc | 39 | ||||
6,944 | BorgWarner, Inc | 152 | |||||
702 | Castle (A.M.) & Co | 8 | |||||
671 | * | Chindex International, Inc | 5 | ||||
1,444 | * | Conceptus, Inc | 22 | ||||
1,204 | * | DemandTec, Inc | 10 | ||||
1,490 | * | Digi International, Inc | 12 | ||||
1,195 | * | Drew Industries, Inc | 14 | ||||
573 | * | Hansen Medical, Inc | 4 | ||||
800 | Houston Wire & Cable Co | 7 | |||||
9,316 | * | Ingram Micro, Inc (Class A) | 125 | ||||
1,662 | * | Insight Enterprises, Inc | 11 | ||||
1,758 | * | Interline Brands, Inc | 19 | ||||
3,799 | Knight Transportation, Inc | 61 | |||||
300 | Lawson Products, Inc | 7 | |||||
8,123 | * | LKQ Corp | 95 | ||||
2,473 | Martin Marietta Materials, Inc | 240 | |||||
900 | * | MedAssets, Inc | 13 | ||||
620 | * | MWI Veterinary Supply, Inc | 17 | ||||
2,588 | Owens & Minor, Inc | 97 | |||||
6,516 | * | Patterson Cos, Inc | 122 | ||||
2,583 | PEP Boys-Manny Moe & Jack | 11 | |||||
3,009 | Pool Corp | 54 | |||||
2,783 | * | PSS World Medical, Inc | 52 | ||||
3,758 | Reliance Steel & Aluminum Co | 75 | |||||
3,079 | * | Solera Holdings, Inc | 74 | ||||
3,376 | * | Tech Data Corp | 60 | ||||
433 | * | Titan Machinery, Inc | 6 | ||||
2,452 | * | TomoTherapy, Inc | 6 | ||||
2,317 | * | Tyler Technologies, Inc | 27 | ||||
4,326 | W.W. Grainger, Inc | 341 | |||||
2,519 | * | WESCO International, Inc | 48 | ||||
TOTAL WHOLESALE TRADE-DURABLE GOODS | 2,050 | ||||||
WHOLESALE TRADE-NONDURABLE GOODS—0.61% | |||||||
1,483 | Aceto Corp | 15 | |||||
4,959 | Airgas, Inc | 193 | |||||
2,860 | * | Akorn, Inc | 7 |
48
TIAA SEPARATE ACCOUNT VA-1—Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
5,454 | * | Alliance One International, Inc | $ | 16 | ||||
8,382 | Allscripts Healthcare Solutions, Inc | 83 | ||||||
896 | Andersons, Inc | 15 | ||||||
3,641 | * | Bare Escentuals, Inc | 19 | |||||
1,671 | * | BMP Sunstone Corp | 9 | |||||
5,702 | Brown-Forman Corp (Class B) | 294 | ||||||
20,854 | Cardinal Health, Inc | 719 | ||||||
2,265 | * | Central European Distribution Corp | 45 | |||||
712 | * | Clearwater Paper Corp | 6 | |||||
638 | * | Core-Mark Holding Co, Inc | 14 | |||||
1 | * | CPEX Pharmaceuticals, Inc | — | ^ | ||||
7,952 | * | Dean Foods Co | 143 | |||||
7,495 | * | Endo Pharmaceuticals Holdings, Inc | 194 | |||||
2,503 | * | Fresh Del Monte Produce, Inc | 56 | |||||
852 | * | Green Mountain Coffee Roasters, Inc | 33 | |||||
2,432 | * | Hain Celestial Group, Inc | 46 | |||||
5,330 | * | Henry Schein, Inc | 196 | |||||
3,890 | Herbalife Ltd | 84 | ||||||
500 | Kenneth Cole Productions, Inc (Class A) | 4 | ||||||
1,430 | K-Swiss, Inc (Class A) | 16 | ||||||
901 | * | LSB Industries, Inc | 7 | |||||
231 | * | Maui Land & Pineapple Co, Inc | 3 | |||||
2,215 | Men’s Wearhouse, Inc | 30 | ||||||
1,570 | Myers Industries, Inc | 13 | ||||||
785 | Nash Finch Co | 35 | ||||||
3,094 | Nu Skin Enterprises, Inc (Class A) | 32 | ||||||
804 | * | Perry Ellis International, Inc | 5 | |||||
739 | * | School Specialty, Inc | 14 | |||||
1,382 | Spartan Stores, Inc | 32 | ||||||
626 | * | Synutra International, Inc | 7 | |||||
35,248 | Sysco Corp | 809 | ||||||
5,520 | Terra Industries, Inc | 92 | ||||||
1,617 | * | Tractor Supply Co | 58 | |||||
2,582 | * | United Natural Foods, Inc | 46 | |||||
1,202 | * | United Stationers, Inc | 40 | |||||
423 | Valhi, Inc | 4 | ||||||
849 | * | Volcom, Inc | 9 | |||||
1,325 | Zep, Inc | 26 | ||||||
1,070 | * | Zhongpin, Inc | 13 | |||||
TOTAL WHOLESALE TRADE-NONDURABLE GOODS | 3,482 | |||||||
TOTAL COMMON STOCKS (Cost $610,825) | 565,451 | |||||||
TOTAL PORTFOLIO—99.74% | ||||||||
(Cost $610,825) | 565,451 | |||||||
OTHER ASSETS AND LIABILITIES, NET—0.26% | 1,487 | |||||||
TOTAL NET ASSETS—100.00% | $ | 566,938 | ||||||
The following abbreviations are used in portfolio descriptions:
MFA | Mortgage Finance Authority |
* | Non-income producing |
** | Percentage represents less than 0.01% |
^ | Amount represents less than $1,000. |
m | Indicates a security that has been deemed illiquid |
v | Represents fair value as determined in good faith under procedures approved by the Board of Trustees. The value of these securities amounted to $50 which represents 0.00% of net assets. |
Cost amounts are in thousands.
At December 31, 2008, the net unrealized depreciation on investments was $(45,374,448), consisting of gross unrealized appreciation of $147,396,683 and gross unrealized depreciation of $(192,771,131).
For ease of presentation, a number of industry classification categories have been grouped together in the Schedule of Investments. Note that the Account uses more specific industry categories in following their investment limitations on industry concentration.
49
Report of Independent Registered Public Accounting Firm
To the Management Committee and Contractowners of TIAA Separate Account VA-1:
We have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the financial statements of TIAA Separate Account VA-1 (hereafter referred to as the “Fund”) at December 31, 2008, and for the year then ended and have issued our unqualified report thereon dated February 24, 2009 (which report and financial statements are included in Item 1 of this Certified Shareholder Report on Form N-CSR). Our audit included an audit of the Fund’s schedule of investments in securities (the Schedule) as of December 31, 2008 appearing in Item 6 of this Form N-CSR. This Schedule is the responsibility of the Fund’s management. Our responsibility is to express an opinion on the Schedule based on our audit.
In our opinion, the Schedule referred to above, when read in conjunction with the financial statements of the Fund referred to above, presents fairly, in all material respects, the information set forth therein.
/s/ PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
New York, New York
February 24, 2009
50
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 contractowners may recommend nominees to the Registrant’s Management Committee.
Item 11. | Controls and Procedures. |
(a) An evaluation was performed within 90 days of 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 annual reporting period.
(b) There were no changes in the Registrant’s internal control over financial reporting that occurred during the Registrant’s fiscal year-end that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
Item 12. | Exhibits. |
12(a)(1) Copy of current code of ethics
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: February 23, 2009 | By: | /s/ Roger W. Ferguson | ||||
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: February 23, 2009 | By: | /s/ Roger W. Ferguson | ||||
Roger W. Ferguson, Jr. | ||||||
President and Chief Executive Officer | ||||||
(principal executive officer) | ||||||
Date: February 23, 2009 | By: | /s/ Georganne C. Proctor | ||||
Georganne C. Proctor | ||||||
Executive Vice President and Chief Financial Officer | ||||||
(principal financial officer) |
EXHIBIT INDEX
Item 12. | Exhibits. |
12(a)(1) Copy of current code of ethics
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