UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES
Investment Company Act file number File No. 811-08520
TIAA SEPARATE ACCOUNT VA-1
(Exact name of Registrant as specified in charter)
730 Third Avenue, New York, New York | 10017-3206 | |
(Address of principal executive offices) | (Zip code) |
Stewart P. Greene, Esq.
c/o TIAA-CREF
730 Third Avenue
New York, New York 10017-3206
(Name and address of agent for service)
Registrant’s telephone number, including area code: 212-490-9000
Date of fiscal year end: December 31
Date of reporting period: June 30, 2009
Item 1. | Reports to Stockholders. |
PERFORMANCE OVERVIEW AS OF JUNE 30, 2009
Total return | Average annual total return | |||||||||||||
Inception date | 1 year | 5 years | 10 years | since inception | ||||||||||
EQUITIES | ||||||||||||||
Stock Index Account | 11/1/1994 | –26.85 | % | –2.41 | % | –1.92 | % | 6.22 | % |
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 six months ended June 30, 2009. The report contains five main sections:
• | The performance overview on the inside front cover shows the account’s returns over a variety of time periods. |
• | The report to policyholders from Edward Grzybowski, the chief investment officer of Teachers Advisors, Inc., the account’s investment adviser, explains how economic conditions affected investment returns from U.S. stocks during the six-month period. |
• | The account performance section compares the account’s return with the return of its benchmark index. |
• | The summary portfolio of investments lists the industries and types of securities in which the account had investments as of June 30, 2009, and the largest individual holdings the account held on that date. |
• | The financial statements provide 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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Management committee approval of investment management agreement | 25 | |
Inside back cover |
Following historic losses in 2008, U.S. stocks posted positive returns in the first half of 2009. For the six-month period, the Russell 3000® Index, a broad measure of the U.S. stock market, rose 4.2%.
Gains came in the second quarter, when the index surged 16.8%, rebounding from a 10.8% loss in the first three months of the year. For the ten years ended June 30, 2009, the Russell 3000 had an average annual return of –1.5%.
Stocks rise on hopes that the economy has bottomed out
During the period, U.S. stock prices were lifted by evidence that the severity of the economic downturn was beginning to ease. Nonetheless, for the second quarter of 2009, the nation’s gross domestic product was 3.9% lower than it had been a year earlier, adjusted for inflation.
The economy continued to shed jobs, but at a slower pace between April and June. Despite the welcome decline in monthly job losses, the national unemployment rate climbed to 9.5% in June, up from 7.2% at the beginning of the year.
The U.S. housing market, while still fundamentally weak, showed tentative signs of stabilizing. Home prices, housing starts and sales of existing homes fell, but not as sharply as they had during 2008.
U.S. corporate profits, a key driver of stock performance, rose 5.3% in the first quarter of 2009, although they remained weak compared with those of twelve months earlier.
These pockets of modest improvement offered hope that the worst of the downturn had passed, but they did not indicate a return to growth. The lack of economic expansion, however, kept inflation subdued.
Despite a rise in oil prices from $46 a barrel at the beginning of 2009 to $70 at the end of June, year-over-year inflation, as measured by the Consumer Price Index, fell in each of the last four months of the period. On June 30, consumer prices were 1.4% lower than they had been one year earlier.
The U.S. Federal Reserve continued efforts to stimulate the flow of credit and revive the economy. During the six-month period, the Fed kept the target federal funds rate (the interest rate U.S. commercial banks charge one another for overnight loans) near 0%.
To help fund the federal government’s recovery efforts, the Fed announced plans to purchase U.S. Treasury and agency securities. The Fed also guaranteed the purchase of certain hard-to-sell securities and offered inexpensive loans to encourage private investment in them.
2 2009 Semiannual Report ¡ TIAA Separate Account VA-1
Non-Treasury sectors drive the bond market
For the period, the Barclays Capital U.S. Aggregate Bond Index, which measures the broad U.S. investment-grade, fixed-rate bond market, returned 1.9%.
With U.S. Treasury yields low and signs that the Fed’s efforts to stabilize the credit markets were starting to pay off, fixed-income investors showed increased willingness to move money out of Treasuries and into other types of bonds. As a result, the Treasury sector of the Barclays Capital index returned –4.3%, while corporate bonds returned 8.3%. The asset-backed and commercial mortgage-backed sectors returned 15.8% and 10.4%, respectively.
Indexing remains a sound strategy
The Stock Index Account, the underlying investment of the TIAA Separate Account VA-1, uses an indexing strategy that 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.
Keeping the characteristics of the account close to those of the benchmark helps to make sure that it produces a similar return to that of the index.
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, so investors incur smaller losses when the portfolio’s returns are negative and receive a larger share of earnings when its returns are positive. Although lower expenses do not guarantee higher returns, the account’s annual expense charge of just 0.67% makes it an attractive choice for the cost-conscious investor.
/s/ Edward J. Grzybowski |
Edward J. Grzybowski Chief Investment Officer Teachers Advisors, Inc. |
TIAA Separate Account VA-1 ¡ 2009 Semiannual 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 June 30, 2009) 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 www.sec.gov; or |
• | From the SEC’s Office of Investor Education and Advocacy. (Call 202 551-8090 for more information.) |
Proxy voting
The TIAA 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 www.sec.gov. You can also call us at 800 223-1200 to request a free copy. A report of how the account voted during the most recently completed twelve-month period ended June 30 can be found on our website or on Form N-PX at www.sec.gov.
Contacting TIAA-CREF
There are three easy ways to contact us: by e-mail, using the Contact Us link at the top of our home page; by mail at TIAA-CREF, 730 Third Avenue, New York NY 10017–3206; or by phone at 800 223-1200.
Account management
TIAA Separate Account VA-1 is managed by a portfolio management team of Teachers Advisors, Inc. The members of this team are responsible for the day-to-day investment management of the account.
4 2009 Semiannual 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.
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. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. This report is not approved, reviewed or produced by MSCI. EAFE stands for Europe, Australasia, Far East. You cannot invest directly in any index. |
TIAA Separate Account VA-1 ¡ 2009 Semiannual Report 5
IMPORTANT INFORMATION ABOUT EXPENSES
As a TIAA Separate Account VA-1 policyholder, 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 next page is intended to help you understand your ongoing costs (in U.S. dollars) of investing in the account. It is also designed to help you compare these costs with the ongoing costs of investing in other variable annuity accounts and mutual funds.
The example assumes $1,000 was invested on January 1, 2009, and held for six months until June 30, 2009.
Actual expenses
The first line in the table on page 7 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 2009 Semiannual Report ¡ TIAA Separate Account VA-1
EXPENSE EXAMPLE
Six months ended June 30, 2009
Stock Index Account | Starting account value (1/1/09) | Ending account value (6/30/09) | Expenses paid* (1/1/09– 6/30/09) | ||||||
Actual return | $ | 1,000.00 | $ | 1,038.80 | $ | 3.39 | |||
5% annual hypothetical return | 1,000.00 | 1,021.44 | 3.36 |
* | “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 181/365. There were 181 days in the six months ended June 30, 2009. 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 ¡ 2009 Semiannual Report 7
PERFORMANCE IN THE SIX MONTHS ENDED JUNE 30, 2009
The Stock Index Account returned 3.88% for the period, compared with the 4.20% return of its benchmark, the Russell 3000® Index.
Stocks surge in the second quarter
The broad-based Russell 3000 Index began 2009 having suffered its worst calendar year since the index began in 1979, but it ended the six-month period solidly in the plus column. Amid rising unemployment, depressed corporate profits and ongoing problems in the financial sector, the index dropped 10.80% in the first quarter of 2009, its sixth consecutive quarterly decline.
Financial conditions eased somewhat in the second quarter, when programs initiated by the Federal Reserve and other central banks began to stimulate the flow of credit. As a result, many investors abandoned the safety of U.S. Treasury securities for the potentially higher returns of stocks and corporate bonds, and the Russell 3000 Index soared 16.82%—its best quarterly return since 1998.
Foreign stocks, as measured by the MSCI EAFE Index, rose 7.95% for the period, after suffering steeper declines than domestic issues in 2008. For the ten years ended June 30, 2009, however, the average annual return of the Russell 3000 Index was –1.46%, versus 1.18% for the EAFE.
Tech stocks drive the benchmark
Eight of the benchmark’s twelve industry sectors recorded positive returns for the period, with three posting double-digit gains. The advance was primarily driven by the 26.9% surge of the benchmark’s largest sector—technology—which made up more than one-sixth of the index on June 30, 2009. The “other energy” and materials and processing sectors rose 18.0% and 11.9%, respectively.
The ongoing uncertainty in the markets was demonstrated by declines in the integrated oils sector, which dropped 11.1%, and in financials, down 4.0%.
Largest stocks generally decline
Although the Russell 3000 Index scored positive results for the six months, four of its five largest stocks lost ground. Only Microsoft, benefiting from the rally in tech stocks, gained; it rose 24.6%. In descending order according to market capitalization, the other four stocks performed as follows: Exxon Mobil, –10.1%; Johnson & Johnson, –2.3%; Procter & Gamble, –15.1%; and AT&T, –9.3%.
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 2009 Semiannual 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, index risk, large-cap risk and small-cap/mid-cap 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 JUNE 30, 2009
Total return | Average annual total return | |||||||||||
6 months | 1 year | 5 years | 10 years | |||||||||
Stock Index Account | 3.88 | % | –26.85 | % | –2.41 | % | –1.92 | % | ||||
Russell 3000 Index | 4.20 | –26.56 | –1.84 | –1.46 |
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.
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 | $ | 24.2 billion | ||||
Net assets | $ | 564.07 million | P/E ratio (weighted 12-month trailing average) | 18.4 | ||||
Total annual expense ratio* | 0.67% |
* | Effective August 1, 2009, Teachers Advisors Inc., reduced a portion of the account’s voluntary waiver related to its investment advisory fee. As a result, the total annual expense ratio for the account is now 0.75%. 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 ¡ 2009 Semiannual Report 9
STOCK INDEX ACCOUNT
An investment of $10,000 in this account on June 30, 1999, would be worth $8,240 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 value of the account’s benchmark during the same period.
CALENDAR YEAR TOTAL RETURN SINCE 1999
* | For the six months ended June 30, 2009 |
HOLDINGS BY COMPANY SIZE
% of portfolio investments | ||
Over $15 billion | 60.58 | |
$4 billion–$15 billion | 19.46 | |
Under $4 billion | 19.96 | |
Total | 100.00 |
10 2009 Semiannual Report ¡ TIAA Separate Account VA-1
SUMMARY PORTFOLIO OF INVESTMENTS (UNAUDITED)
STOCK INDEX ACCOUNT n JUNE 30, 2009
Shares | Company | Value (000) | % of net assets | |||||||||
COMMON STOCKS | ||||||||||||
AGRICULTURAL PRODUCTION-CROPS | $ | 31 | 0.01 | % | ||||||||
AGRICULTURAL PRODUCTION-LIVESTOCK | 45 | 0.01 | ||||||||||
AGRICULTURAL SERVICES | 18 | 0.00 | ** | |||||||||
AMUSEMENT AND RECREATION SERVICES | ||||||||||||
106,524 | Walt Disney Co | 2,486 | 0.44 | |||||||||
Other | 914 | 0.16 | ||||||||||
3,400 | 0.60 | |||||||||||
APPAREL AND ACCESSORY STORES | 3,383 | 0.60 | ||||||||||
APPAREL AND OTHER TEXTILE PRODUCTS | 2,005 | 0.36 | ||||||||||
AUTO REPAIR, SERVICES AND PARKING | 327 | 0.06 | ||||||||||
AUTOMOTIVE DEALERS AND SERVICE STATIONS | 1,299 | 0.23 | ||||||||||
BUILDING MATERIALS AND GARDEN SUPPLIES | ||||||||||||
96,427 | Home Depot, Inc | 2,278 | 0.40 | |||||||||
Other | 1,905 | 0.34 | ||||||||||
4,183 | 0.74 | |||||||||||
BUSINESS SERVICES | ||||||||||||
13,698 | * | Google, Inc (Class A) | 5,775 | 1.03 | ||||||||
441,205 | Microsoft Corp | 10,488 | 1.86 | |||||||||
219,100 | Oracle Corp | 4,693 | 0.83 | |||||||||
Other | 23,873 | 4.23 | ||||||||||
44,829 | 7.95 | |||||||||||
CHEMICALS AND ALLIED PRODUCTS | ||||||||||||
88,163 | Abbott Laboratories | 4,147 | 0.74 | |||||||||
58,133 | * | Amgen, Inc | 3,078 | 0.55 | ||||||||
112,885 | Bristol-Myers Squibb Co | 2,293 | 0.41 | |||||||||
28,718 | Colgate-Palmolive Co | 2,032 | 0.36 | |||||||||
57,554 | Eli Lilly & Co | 1,994 | 0.35 | |||||||||
52,073 | * | Gilead Sciences, Inc | 2,439 | 0.43 | ||||||||
157,872 | Johnson & Johnson | 8,968 | 1.59 | |||||||||
120,988 | Merck & Co, Inc | 3,383 | 0.60 | |||||||||
31,310 | Monsanto Co | 2,328 | 0.41 | |||||||||
385,260 | Pfizer, Inc | 5,780 | 1.03 | |||||||||
166,949 | Procter & Gamble Co | 8,530 | 1.51 | |||||||||
93,262 | Schering-Plough Corp | 2,343 | 0.42 | |||||||||
76,096 | Wyeth | 3,454 | 0.61 | |||||||||
Other | 20,051 | 3.55 | ||||||||||
70,820 | 12.56 | |||||||||||
COAL MINING | 1,191 | 0.21 | ||||||||||
See notes to financial statements | TIAA Separate Account VA-1 n 2009 Semiannual Report | 11 |
SUMMARY PORTFOLIO OF INVESTMENTS (UNAUDITED) | continued |
STOCK INDEX ACCOUNT n JUNE 30, 2009
Shares | Company | Value (000) | % of net assets | |||||||||
COMMUNICATIONS | ||||||||||||
337,984 | AT&T, Inc | $ | 8,397 | 1.49 | % | |||||||
163,274 | Comcast Corp (Class A) | 2,367 | 0.42 | |||||||||
162,713 | Verizon Communications, Inc | 5,001 | 0.89 | |||||||||
Other | 9,783 | 1.73 | ||||||||||
25,548 | 4.53 | |||||||||||
DEPOSITORY INSTITUTIONS | ||||||||||||
437,654 | Bank of America Corp | 5,777 | 1.03 | |||||||||
68,164 | Bank of New York Mellon Corp | 1,998 | 0.35 | |||||||||
214,891 | JPMorgan Chase & Co | 7,329 | 1.30 | |||||||||
272,025 | Wells Fargo & Co | 6,599 | 1.17 | |||||||||
Other | 14,831 | 2.63 | ||||||||||
36,534 | 6.48 | |||||||||||
EATING AND DRINKING PLACES | ||||||||||||
63,300 | McDonald’s Corp | 3,640 | 0.65 | |||||||||
Other | 3,066 | 0.54 | ||||||||||
6,706 | 1.19 | |||||||||||
EDUCATIONAL SERVICES | 1,423 | 0.25 | ||||||||||
ELECTRIC, GAS, AND SANITARY SERVICES | 26,568 | 4.71 | ||||||||||
ELECTRONIC AND OTHER ELECTRIC EQUIPMENT | ||||||||||||
51,009 | * | Apple Computer, Inc | 7,264 | 1.29 | ||||||||
330,318 | * | Cisco Systems, Inc | 6,156 | 1.09 | ||||||||
604,867 | General Electric Co | 7,088 | 1.26 | |||||||||
319,958 | Intel Corp | 5,294 | 0.94 | |||||||||
94,391 | Qualcomm, Inc | 4,265 | 0.76 | |||||||||
Other | 15,934 | 2.82 | ||||||||||
46,001 | 8.16 | |||||||||||
ENGINEERING AND MANAGEMENT SERVICES | 5,604 | 0.99 | ||||||||||
FABRICATED METAL PRODUCTS | 3,220 | 0.57 | ||||||||||
FISHING, HUNTING, AND TRAPPING | 4 | 0.00 | ** | |||||||||
FOOD AND KINDRED PRODUCTS | ||||||||||||
132,719 | Coca-Cola Co | 6,369 | 1.13 | |||||||||
83,780 | Kraft Foods, Inc (Class A) | 2,123 | 0.38 | |||||||||
89,319 | PepsiCo, Inc | 4,909 | 0.87 | |||||||||
Other | 9,334 | 1.65 | ||||||||||
22,735 | 4.03 | |||||||||||
FOOD STORES | 1,889 | 0.33 | ||||||||||
FORESTRY | 537 | 0.10 | ||||||||||
FURNITURE AND FIXTURES | 730 | 0.13 | ||||||||||
FURNITURE AND HOME FURNISHINGS STORES | 1,534 | 0.27 | ||||||||||
GENERAL BUILDING CONTRACTORS | 1,118 | 0.20 | ||||||||||
12 | 2009 Semiannual Report n TIAA Separate Account VA-1 | See notes to financial statements |
SUMMARY PORTFOLIO OF INVESTMENTS (UNAUDITED) | continued |
STOCK INDEX ACCOUNT n JUNE 30, 2009
Shares | Company | Value (000) | % of net assets | |||||||||
GENERAL MERCHANDISE STORES | ||||||||||||
126,647 | Wal-Mart Stores, Inc | $ | 6,134 | 1.09 | % | |||||||
Other | 5,073 | 0.90 | ||||||||||
11,207 | 1.99 | |||||||||||
HEALTH SERVICES | 6,879 | 1.22 | ||||||||||
HEAVY CONSTRUCTION, EXCEPT BUILDING | 195 | 0.03 | ||||||||||
HOLDING AND OTHER INVESTMENT OFFICES | ||||||||||||
54,577 | iShares Russell 3000 Index Fund | 2,939 | 0.52 | |||||||||
Other | 10,166 | 1.80 | ||||||||||
13,105 | 2.32 | |||||||||||
HOTELS AND OTHER LODGING PLACES | 1,339 | 0.24 | ||||||||||
INDUSTRIAL MACHINERY AND EQUIPMENT | ||||||||||||
136,999 | Hewlett-Packard Co | 5,296 | 0.94 | |||||||||
75,708 | International Business Machines Corp | 7,906 | 1.40 | |||||||||
Other | 16,794 | 2.98 | ||||||||||
29,996 | 5.32 | |||||||||||
INSTRUMENTS AND RELATED PRODUCTS | ||||||||||||
63,809 | Medtronic, Inc | 2,225 | 0.40 | |||||||||
Other | 18,172 | 3.22 | ||||||||||
20,397 | 3.62 | |||||||||||
INSURANCE AGENTS, BROKERS AND SERVICE | 1,798 | 0.32 | ||||||||||
INSURANCE CARRIERS | 18,485 | 3.28 | ||||||||||
JUSTICE, PUBLIC ORDER AND SAFETY | 182 | 0.03 | ||||||||||
LEATHER AND LEATHER PRODUCTS | 705 | 0.12 | ||||||||||
LEGAL SERVICES | 177 | 0.03 | ||||||||||
LOCAL AND INTERURBAN PASSENGER TRANSIT | 21 | 0.00 | ** | |||||||||
LUMBER AND WOOD PRODUCTS | 104 | 0.02 | ||||||||||
METAL MINING | 3,049 | 0.54 | ||||||||||
MISCELLANEOUS MANUFACTURING INDUSTRIES | 800 | 0.14 | ||||||||||
MISCELLANEOUS RETAIL | ||||||||||||
82,956 | CVS Corp | 2,645 | 0.47 | |||||||||
Other | 5,967 | 1.06 | ||||||||||
8,612 | 1.53 | |||||||||||
MOTION PICTURES | 3,724 | 0.66 | ||||||||||
NONDEPOSITORY INSTITUTIONS | 3,478 | 0.62 | ||||||||||
NONMETALLIC MINERALS, EXCEPT FUELS | 429 | 0.08 | ||||||||||
OIL AND GAS EXTRACTION | ||||||||||||
46,581 | Occidental Petroleum Corp | 3,066 | 0.55 | |||||||||
68,216 | Schlumberger Ltd | 3,692 | 0.65 | |||||||||
Other | 17,997 | 3.19 | ||||||||||
24,755 | 4.39 | |||||||||||
See notes to financial statements | TIAA Separate Account VA-1 n 2009 Semiannual Report | 13 |
SUMMARY PORTFOLIO OF INVESTMENTS (UNAUDITED) | continued |
STOCK INDEX ACCOUNT n JUNE 30, 2009
Shares | Company | Value (000) | % of net assets | |||||||||
PAPER AND ALLIED PRODUCTS | $ | 2,573 | 0.46 | % | ||||||||
PERSONAL SERVICES | 858 | 0.15 | ||||||||||
PETROLEUM AND COAL PRODUCTS | ||||||||||||
114,848 | Chevron Corp | 7,609 | 1.35 | |||||||||
84,988 | ConocoPhillips | 3,575 | 0.63 | |||||||||
279,357 | c | Exxon Mobil Corp | 19,529 | 3.46 | ||||||||
Other | 3,870 | 0.69 | ||||||||||
34,583 | 6.13 | |||||||||||
PIPELINES, EXCEPT NATURAL GAS | 620 | 0.11 | ||||||||||
PRIMARY METAL INDUSTRIES | 5,059 | 0.90 | ||||||||||
PRINTING AND PUBLISHING | 1,721 | 0.31 | ||||||||||
RAILROAD TRANSPORTATION | 4,313 | 0.76 | ||||||||||
REAL ESTATE | 460 | 0.08 | ||||||||||
RUBBER AND MISCELLANEOUS PLASTIC PRODUCTS | 838 | 0.15 | ||||||||||
SECURITY AND COMMODITY BROKERS | ||||||||||||
28,769 | Goldman Sachs Group, Inc | 4,243 | 0.75 | |||||||||
72,650 | Morgan Stanley | 2,072 | 0.37 | |||||||||
Other | 7,826 | 1.39 | ||||||||||
14,141 | 2.51 | |||||||||||
SOCIAL SERVICES | 31 | 0.00 | ** | |||||||||
SPECIAL TRADE CONTRACTORS | 537 | 0.10 | ||||||||||
STONE, CLAY, AND GLASS PRODUCTS | ||||||||||||
39,879 | 3M Co | 2,397 | 0.43 | |||||||||
Other | 808 | 0.14 | ||||||||||
3,205 | 0.57 | |||||||||||
TEXTILE MILL PRODUCTS | 164 | 0.03 | ||||||||||
TOBACCO PRODUCTS | ||||||||||||
112,450 | Philip Morris International, Inc | 4,906 | 0.87 | |||||||||
Other | 2,957 | 0.52 | ||||||||||
7,863 | 1.39 | |||||||||||
TRANSPORTATION BY AIR | 2,095 | 0.36 | ||||||||||
TRANSPORTATION EQUIPMENT | ||||||||||||
48,034 | United Technologies Corp | 2,495 | 0.44 | |||||||||
Other | 10,057 | 1.78 | ||||||||||
12,552 | 2.22 | |||||||||||
TRANSPORTATION SERVICES | 1,168 | 0.21 | ||||||||||
TRUCKING AND WAREHOUSING | 2,611 | 0.46 | ||||||||||
WATER TRANSPORTATION | 1,397 | 0.25 | ||||||||||
WHOLESALE TRADE-DURABLE GOODS | 2,162 | 0.38 | ||||||||||
WHOLESALE TRADE-NONDURABLE GOODS | 3,521 | 0.62 | ||||||||||
TOTAL COMMON STOCKS | (Cost $579,080) | 563,591 | 99.92 | |||||||||
14 | 2009 Semiannual Report n TIAA Separate Account VA-1 | See notes to financial statements |
SUMMARY PORTFOLIO OF INVESTMENTS (UNAUDITED) | concluded |
STOCK INDEX ACCOUNT n JUNE 30, 2009
Principal | Issuer | Value (000) | % of net assets | |||||||||
SHORT-TERM INVESTMENTS | ||||||||||||
U.S. GOVERNMENT AND AGENCIES DISCOUNT NOTES | $ | 52 | 0.01 | % | ||||||||
U.S. TREASURY BILLS | 80 | 0.01 | ||||||||||
TOTAL SHORT-TERM INVESTMENTS | (Cost $132) | 132 | 0.02 | |||||||||
TOTAL PORTFOLIO | (Cost $579,212) | 563,723 | 99.94 | |||||||||
OTHER ASSET & LIABILITIES, NET | 347 | 0.06 | ||||||||||
NET ASSETS | $ | 564,070 | 100.00 | % | ||||||||
* | Non-income producing. |
** | Percentage represents less than 0.01%. |
c | All or a portion of these securities have been segregated by the Custodian to cover margin or other requirements on open future contracts in the amount of $9,018. |
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 2009 Semiannual Report | 15 |
STATEMENT OF ASSETS AND LIABILITIES (UNAUDITED)
TIAA SEPARATE ACCOUNT VA-1 n JUNE 30, 2009
(amounts in thousands, except accumulation units outstanding and accumulation unit value) | Stock Index Account | |||
ASSETS | ||||
Investments, at cost | $ | 579,212 | ||
Net unrealized appreciation (depreciation) of investments | (15,489 | ) | ||
Portfolio investments, at value | 563,723 | |||
Cash | 654 | |||
Receivable from securities sold | 8,768 | |||
Other | 755 | |||
Total assets | 573,900 | |||
LIABILITIES | ||||
Amount due to investment adviser | 185 | |||
Payable for securities purchased | 9,644 | |||
Other | 1 | |||
Total liabilities | 9,830 | |||
NET ASSETS: | ||||
Accumulation Fund | $ | 564,070 | ||
Accumulation units outstanding | 9,087,434 | |||
Accumulation unit value | $62.07 | |||
16 | 2009 Semiannual Report n TIAA Separate Account VA-1 | See notes to financial statements |
STATEMENT OF OPERATIONS (UNAUDITED)
TIAA SEPARATE ACCOUNT VA-1 n FOR THE PERIOD ENDED JUNE 30, 2009
(amounts in thousands) | Stock Index Account | |||
INVESTMENT INCOME | ||||
Interest | $ | 2 | ||
Dividends | 6,473 | |||
Total income | 6,475 | |||
EXPENSES | ||||
Administrative | 521 | |||
Investment Advisory | 782 | |||
Mortality and expense risk charges | 1,042 | |||
Total expenses before waiver | 2,345 | |||
Investment advisory charges waived | (599 | ) | ||
Net expenses | 1,746 | |||
Investment income — net | 4,729 | |||
REALIZED AND UNREALIZED GAIN (LOSS) ON TOTAL INVESTMENTS | ||||
Net realized gain (loss) on: | ||||
Portfolio investments | (16,813 | ) | ||
Futures transactions | 488 | |||
Net realized (loss) on total investments | (16,325 | ) | ||
Net change in unrealized appreciation (depreciation) on: | ||||
Portfolio investments | 29,886 | |||
Futures transactions | (2 | ) | ||
Net change in unrealized appreciation (depreciation) on total investments | 29,884 | |||
Net realized and unrealized gain on total investments | 13,559 | |||
Net increase (decrease) in net assets resulting from operations | $ | 18,288 | ||
See notes to financial statements | TIAA Separate Account VA-1 n 2009 Semiannual Report | 17 |
STATEMENT OF CHANGES IN NET ASSETS (UNAUDITED)
TIAA SEPARATE ACCOUNT VA-1 n FOR THE PERIOD OR YEAR ENDED
Stock Index Account | ||||||||
(amounts in thousands) | June 30, 2009 | December 31, 2008 | ||||||
(unaudited) | ||||||||
FROM OPERATIONS | ||||||||
Net investment income | $ | 4,729 | $ | 12,547 | ||||
Net realized gain (loss) on total investments | (16,325 | ) | 10,275 | |||||
Net change in unrealized appreciation (depreciation) on total investments | 29,884 | (377,620 | ) | |||||
Net increase (decrease) in net assets resulting from operations | 18,288 | (354,798 | ) | |||||
FROM CONTRACTOWNER TRANSACTIONS | ||||||||
Premiums | 3,904 | 15,488 | ||||||
Net transfers from (to) TIAA | (7,946 | ) | (43,279 | ) | ||||
Withdrawals and death benefits | (17,114 | ) | (39,765 | ) | ||||
Net increase (decrease) in net assets resulting from contractowners transactions | (21,156 | ) | (67,556 | ) | ||||
Net increase (decrease) in net assets | (2,868 | ) | (422,354 | ) | ||||
NET ASSETS | ||||||||
Beginning of period | 566,938 | 989,292 | ||||||
End of period | $ | 564,070 | $ | 566,938 | ||||
ACCUMULATION UNITS | ||||||||
Credited for premiums | 68 | 200 | ||||||
Cancelled for transfers, and disbursements | (469 | ) | (1,057 | ) | ||||
Outstanding: | ||||||||
Beginning of period | 9,488 | 10,345 | ||||||
End of period | 9,087 | 9,488 | ||||||
18 | 2009 Semiannual Report n TIAA Separate Account VA-1 | See notes to financial statements |
TIAA SEPARATE ACCOUNT VA-1 n FOR THE PERIOD OR YEAR ENDED
Stock Index Account | ||||||||||||||||||||
6/30/09 | 12/31/08 | 12/31/07 | 12/31/06 | 12/31/05 | 12/31/04 | |||||||||||||||
(unaudited) | ||||||||||||||||||||
FOR AN ACCUMULATION UNIT OUTSTANDING THROUGHOUT EACH PERIOD | ||||||||||||||||||||
Investment income | $ | 0.675 | $ | 1.758 | $ | 1.750 | $ | 1.568 | $ | 1.378 | $ | 1.359 | ||||||||
Expenses | 0.170 | 0.484 | 0.575 | 0.584 | 0.519 | 0.468 | ||||||||||||||
Net investment income | 0.505 | 1.274 | 1.175 | 0.984 | 0.859 | 0.891 | ||||||||||||||
Net realized and unrealized gain (loss) on total investments | 1.812 | (37.166 | ) | 2.979 | 10.909 | 3.222 | 6.727 | |||||||||||||
Net change in accumulation unit value | 2.317 | (35.892 | ) | 4.154 | 11.893 | 4.081 | 7.618 | |||||||||||||
Accumulation unit value: | ||||||||||||||||||||
Beginning of period | 59.754 | 95.646 | 91.492 | 79.599 | 75.518 | 67.900 | ||||||||||||||
End of period | $ | 62.071 | $ | 59.754 | $ | 95.646 | $ | 91.492 | $ | 79.599 | $ | 75.518 | ||||||||
TOTAL RETURN* | 3.88% | (b) | (37.53% | ) | 4.54% | 14.94% | 5.40% | 11.22% | ||||||||||||
RATIOS TO AVERAGE NET ASSETS | ||||||||||||||||||||
Ratio of expense to average net assets before expense waiver | 0.90% | (a) | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% | |||||||||||||
Ratio of expense to average net assets after expense waiver | 0.67% | (a) | 0.67% | 0.67% | 0.67% | 0.67% | 0.67% | |||||||||||||
Ratio of net investment income to average net assets | 1.82% | (a) | 1.58% | 1.19% | 1.13% | 1.12% | 1.28% | |||||||||||||
SUPPLEMENTAL DATA | ||||||||||||||||||||
Portfolio turnover rate | 4% | (b) | 7% | 6% | 7% | 6% | 5% | |||||||||||||
Accumulation units outstanding at end of period† | 9,087 | 9,488 | 10,345 | 10,882 | 11,598 | 12,123 | ||||||||||||||
Net assets at end of period† | $ | 564,070 | $ | 566,938 | $ | 989,292 | $ | 996,044 | $ | 923,201 | $ | 915,478 | ||||||||
* | Based on per accumulation data. |
(a) | Annualized for periods of less than one year. |
(b) | Not annualized for periods less than one year. |
† | Thousands. |
See notes to financial statements | TIAA Separate Account VA-1 n 2009 Semiannual Report | 19 |
NOTES TO FINANCIAL STATEMENTS (UNAUDITED)
TIAA SEPARATE ACCOUNT VA-1
Note 1—organization and 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 (“U.S. GAAP”), which may require the use of estimates made by management and the evaluation of subsequent events through August 24, 2009. 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: The Account’s investments are valued at fair value utilizing various valuation methods approved by the Management Committee. U.S. GAAP establishes a hierarchy that prioritizes market inputs to valuation methods. The three levels of inputs are:
• | Level 1—quoted prices in active markets for identical securities |
• | Level 2—other significant observable inputs (including quoted prices for similar securities, interest rates, credit risk, etc.) |
• | Level 3—significant unobservable inputs (including the Account’s own assumptions in determining the fair value of investments) |
The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
A description of the valuation techniques applied to the Account’s major categories of assets and liabilities measured at fair value follows:
Exchange-Traded Equity Securities, Common & Preferred stock—Equity securities listed or traded on a national market or exchange are valued based on their sale price on such market or exchange at the close of business on the date of valuation, or at the mean of the closing bid and asked prices if no sale is reported. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Foreign
20 | 2009 Semiannual Report n TIAA Separate Account VA-1 |
continued |
investments are valued at the closing values of such securities as of the date of valuation under the generally accepted valuation method in the country where traded, converted to U.S. dollars at the prevailing rates of exchange on the date of valuation. 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. Foreign securities are generally categorized in Level 2 of the fair value hierarchy.
Debt Securities—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). Debt securities are generally categorized in Level 2 of the fair value hierarchy; in instances where prices, yields, or any other key inputs are unobservable, they are categorized in Level 3 of the hierarchy.
Short-term investments—Short-term investments with maturities of 60 days or less are valued at amortized cost. Short-term investments with maturities in excess of 60 days are valued in the same manner as debt securities. Short-term investments are generally categorized in Level 2 of the fair value hierarchy.
Investments in registered investment companies—These investments are valued at their net asset value on the valuation date. Net asset value of underlying funds is calculated as of the close of business of the New York Stock Exchange. These investments are categorized in Level 1 of the fair value hierarchy.
Futures contracts— Stock and bond index futures and options, which are traded on commodities exchanges, are valued at the last sale price as of the close of such commodities exchanges and are categorized in Level 1 of the fair value hierarchy.
The portfolio securities for which market quotations are not readily available are valued at fair value, as determined in good faith using procedures approved by the Management Committee.
The following is a summary of the inputs used to value the Account’s investments as of June 30, 2009:
Level 1 | Level 2 | Level 3 | Total | |||||||||||
Domestic Common Stocks | $ | 563,591,425 | $ | — | $ | — | $ | 563,591,425 | ||||||
Futures Contracts* | (2,104 | ) | — | — | (2,104 | ) | ||||||||
Short-term Investments | — | 131,964 | — | 131,964 | ||||||||||
Total | $ | 563,589,321 | $ | 131,964 | $ | — | $ | 563,721,285 | ||||||
* | Futures contracts are derivatives instruments not reflected in the portfolio of investments. They are valued at the unrealized appreciation (depreciation) on the instrument. |
Accounting for investments and investment income: Securities transactions are accounted for as of the trade date. Interest income is recorded as earned and
TIAA Separate Account VA-1 n 2009 Semiannual Report | 21 |
NOTES TO FINANCIAL STATEMENTS (UNAUDITED) |
includes accretion of discounts and amortization of premiums using the effective yield method. Dividend income is recorded on the ex-dividend date or, for certain foreign securities, as soon thereafter as the Account is informed of the ex-dividend date. Realized gains and losses on security transactions are based upon the specific identification method.
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 holds cash with the custodian. The Account is charged a fee for overdrafts.
Securities lending: The Account may lend portfolio securities to qualified financial institutions to earn additional income.
Lending the Account’s securities exposes the Account to counterparty and cash collateral investment risks. To minimize certain of these risks, loan counterparties pledge cash collateral equal to at least 102% of the market value of the securities loaned, subject to daily market fluctuations.
Securities lending income is reflected separately on the Statement of Operations. The value of the loaned securities, the value of the securities purchased with cash collateral, and the liability to return cash collateral received are reflected on the Statement of Assets and Liabilities. As of June 30, 2009, there were no securities out on loan.
Futures contracts: The Account is subject to equity price risk and interest rate risk in the normal course of pursuing its investment objectives. The Account may use futures contracts to manage exposure to the equity and credit markets or for cash management purposes to remain highly invested in these markets while minimizing transaction costs. Buying futures contracts tends to increase exposure to the underlying instrument/index, while selling futures contracts tends to decrease exposure to the underlying instrument/index or hedge other investments. Initial margin deposits are made upon entering into a futures contract and variation margin 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. With futures, there is minimal counterparty credit risk to the Account since futures are exchange traded and the exchange’s clearinghouse, as counterparty to all exchange traded futures, guarantees the futures against default.
22 | 2009 Semiannual Report n TIAA Separate Account VA-1 |
continued |
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 of 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 which provide general indemnities. The Account’s maximum exposure under these arrangements is unknown, as this would involve future claims against the Account that have not yet occurred. Also, under the Account’s organizational documents, the Managers and Officers of the Account are indemnified against certain liabilities that may arise out of their duties to the Account. However, based on experience, the Account expects the risk of loss due to these warranties and indemnities to be remote.
Note 2—investment advisory fees and other transactions with 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.
TIAA Separate Account VA-1 n 2009 Semiannual Report | 23 |
NOTES TO FINANCIAL STATEMENTS (UNAUDITED) | concluded |
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 June 30, 2009, net unrealized depreciation based on aggregate cost of portfolio investments was $(15,488,210), consisting of gross unrealized appreciation of $144,794,756 and gross unrealized depreciation of $(160,282,966).
Purchases and sales of portfolio securities, excluding short-term government securities and money market instruments, for the six months ended June 30, 2009, were $19,997,887 and $34,683,056, respectively.
At June 30, 2009, the Account held open futures contracts as follows:
Future | Number of Open Contracts | Fair Value | Expiration Date | Unrealized Gain/(Loss) | |||||||
E-mini S&P 500 Index | 2 | $ | 91,550 | Sept 2009 | $ | (2,104 | ) |
Note 4—line of credit
The Account participates in a $750 million unsecured revolving credit facility dated June 30, 2009 that can be used for temporary purposes, including, without limitation of, the funding of contractowner 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 participating account. Interest associated with any borrowing under the facility is charged to the borrowing Account at rates that are based on a specified rate of interest. The Account is not liable for borrowings under the facility by affiliated accounts or mutual funds. For the period ended June 30, 2009, there were no borrowings under this credit facility by the Account.
Note 5—subsequent event
Effective August 1, 2009, 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 | 2009 Semiannual Report n TIAA Separate Account VA-1 |
MANAGEMENT COMMITTEE APPROVAL OF
INVESTMENT MANAGEMENT AGREEMENT
Among its other duties, the Management Committee (the “Committee”) of the TIAA Separate Account VA-1 (“the Separate Account”) is responsible for determining annually whether to renew the investment management agreement (the “Agreement”) between Teachers Advisors, Inc. (“TAI”) and the Separate Account. Under the Agreement, TAI is responsible for providing investment management services to the Separate Account.
Section 15(c) of the Investment Company Act of 1940 (the “1940 Act”) provides that, after an initial period, the Agreement will remain in effect only if the Committee, including a majority of those Committee members who have no direct or indirect interest in the Agreement, and who are not “interested persons” of the Separate Account, as that term is defined in the 1940 Act (“Members”), annually renews that Agreement. All of the Members are deemed to be independent persons for this purpose.
OVERVIEW OF THE RENEWAL PROCESS
The Committee held a meeting on April 1, 2009, at which it considered the annual review and renewal of the Agreement using its previously-established process. As part of this process, the Committee delegated certain duties to its Operations Committee. Among these duties, the Operations Committee works with management and legal counsel to the Members to develop additional guidelines and specific requests relating to the types of information to be provided to all Members in connection with the proposed contract renewal, and then to help evaluate the information provided in response to those guidelines. During a series of meetings held prior to April 1, 2009, the Operations Committee reviewed such guidelines and requests in consultation with management representatives and input from other Members and legal counsel to the Members and to legal counsel to management, and then evaluated the information produced in accordance with those guidelines.
Among other matters, the Operations Committee followed guidelines regarding reports to be provided to all Members with respect to the Separate Account by the Global Fiduciary Review unit of Lipper, Inc. (“Lipper”). Lipper is an independent provider of investment company data that is widely recognized as a leading source of independent data used by independent directors and trustees of investment companies during their annual advisory contract renewal processes.
As a result of instructions by the Operations Committee on behalf of the Members, Lipper produced, among other information, extensive performance and expense comparison data regarding the Separate Account, including data relating to its management fee rate, total expense ratio, short-term and long-term investment performance, brokerage commission costs and portfolio turnover rates. Lipper also compared much of this data against a universe of investment companies and against a more selective peer group of mutual funds underlying variable insurance products with similar investment objectives and strategies, and, in the case of investment performance data, against one or more appropriate broad-based
TIAA Separate Account VA-1 n 2009 Semiannual Report | 25 |
MANAGEMENT COMMITTEE APPROVAL OF
INVESTMENT MANAGEMENT AGREEMENT
benchmark indices. In each case, Lipper summarized the methodologies employed by it to provide the data contained in its reports. In addition, Lipper represented to the Committee that its reports were designed specifically to provide the Committee with the fee, expense and performance information that is necessary to help the Committee satisfy its duties under Section 15 of the 1940 Act.
Among other matters, the Operations Committee also utilized a framework of factors that could be considered by the Members in order to evaluate the reasonableness of any profits earned by TAI with respect to its services to the Separate Account pursuant to the Agreement. In this connection, the Operations Committee emphasized that different Members could, and likely would, give different weight to different factors when evaluating the profits, if any, realized by TAI.
In advance of the Committee meeting held on April 1, 2009, independent legal counsel for the Members on behalf of the Committee requested, and TAI provided, extensive information that was designed to assist the Committee in its consideration of whether to renew the Agreement. In addition to the data provided by Lipper described above, this information included, but was not limited to, the following: (1) further information relating to the Separate Account’s investment performance, including performance ratings provided by Morningstar, Inc. (“Morningstar”), which is a widely recognized mutual fund ranking service, and a narrative analysis of the Separate Account’s performance relative to its applicable benchmarks and peer groups, together with an explanation of any special events that had a material impact on performance during the prior year; (2) a description of any fee waiver or expense reimbursement arrangements that were in place during the prior year and the extent to which such arrangements would be continued or modified in the coming year; (3) a comparison of the fees set forth in the Agreement as compared to any other comparable accounts managed by TAI or its affiliates; (4) any “fall-out” benefits that accrued to TAI or its affiliates due to their relationship with the Separate Account aside from TAI’s direct fee payments pursuant to the Agreement; (5) information regarding TAI’s financial resources, senior professional personnel, overall staffing levels, portfolio manager compensation arrangements, disaster recovery plans, insurance coverage, compliance programs, any material pending litigation or compliance issues, portfolio trading and best execution practices, and any actual and potential conflicts of interest identified by TAI in connection with rendering services to the Separate Account; (6) information as to any profits earned by TAI in connection with its services pursuant to the Agreement; (7) a copy of the Agreement and certain related service agreements between the Separate Account and affiliates of TAI; (8) a copy of TAI’s SEC Form ADV registration statement (which was presented to the Members’ counsel only); and (9) proposed narrative explanations of reasons why the Committee should renew the Agreement.
In considering whether to renew the Agreement, the Committee, with assistance from its Operations Committee, reviewed various factors, including: (1) the nature, extent and quality of services provided by TAI to the Separate Account; (2) the
26 | 2009 Semiannual Report n TIAA Separate Account VA-1 |
continued |
investment performance of the Separate Account; (3) the costs of the services provided to the Separate Account and the profits (if any) realized by TAI and its affiliates from their relationship with the Separate Account; (4) the extent to which economies of scale have been realized if the Separate Account’s assets have increased; (5) whether the fee schedule set forth in the Agreement and any applicable waiver reflects any such economies of scale for the benefit of Separate Account investors; (6) comparisons of services and fees with contracts entered into by TAI with other clients; and (7) any other benefits derived or anticipated to be derived by TAI or its affiliates from their relationship with the Separate Account. As a general matter, the Members viewed these factors in their totality, with no single factor being the principal factor in determining whether to renew the Agreements.
In reaching its decisions regarding the renewal of the Separate Account’s Agreement, the Committee took into account the information described above, other information provided to the Committee in connection with this process, and relevant information provided to the Committee on an ongoing basis in connection with its general oversight duties. In addition, the Committee received and considered information from K&L Gates LLP, its independent legal counsel, as to certain relevant guidelines that relate to the renewal process under Section 15(c) of the 1940 Act and certain other legal authorities. In deciding whether to renew the Agreement, each Member may have accorded different weight to different factors and, thus, each Member may have had a different basis for his or her ultimate decision to vote to renew the Agreement.
At its meeting on April 1, 2009, the Committee voted unanimously to renew the Agreement. Set forth below are the general factors the Committee considered, followed by an outline of the specific factors the Committee considered.
THE NATURE, EXTENT AND QUALITY OF SERVICES
The Committee considered that TAI is an experienced investment adviser that has managed the Separate Account since its operations commenced. The investment professionals at TAI also have managed various mutual funds in the TIAA-CREF Funds and TIAA-CREF Life Funds. Additionally, an affiliate of TAI, TIAA-CREF Investment Management, LLC, manages the accounts of the College Retirement Equities Fund (“CREF”). Under the Agreement, TAI is responsible for: managing the assets of the Separate Account, including conducting research, recommending investments and placing orders to buy and sell securities for the Account’s investment portfolio; active daily monitoring of the investment portfolios by various personnel with specific responsibility for the particular types of investments in question; and reporting on the investment performance of the Separate Account to the Committee on a regular basis. The Committee considered that TAI has carried out these responsibilities in a professional manner.
The Committee also considered, among other factors, the performance of the Separate Account as discussed below. In the course of its review of the quality of
TIAA Separate Account VA-1 n 2009 Semiannual Report | 27 |
MANAGEMENT COMMITTEE APPROVAL OF
INVESTMENT MANAGEMENT AGREEMENT
TAI’s services, the Committee concluded that the Separate Account’s investment performance was reasonable when compared with its benchmark and peer groups of mutual funds that underlie variable insurance products.
In addition, the Committee considered the nature and quality of non-portfolio management services provided by TAI and its affiliates. In this regard, the Committee considered its ongoing review of the performance of certain affiliated and unaffiliated service providers, including improvements in services provided by those firms or outsourcing efforts to other firms.
INVESTMENT PERFORMANCE
The Committee considered the investment performance of the Separate Account for one, two-, three-, four-, five- and ten-year periods. The Committee also considered its performance as compared to its peer groups and benchmark index. In this regard, the Committee considered that the financial markets had seen unprecedented decreases during the year that had adversely impacted the Separate Account’s performance. However, despite these circumstances, the Account’s performance compared favorably to its benchmark (after considering the effect of expenses incurred to operate the Separate Account) and ranked in the top three performance quintiles versus its peer groups of mutual funds that underlie variable insurance products. (For additional details regarding the Separate Account’s performance, see the synopsis below.) Thus, the Committee concluded that, under the totality of circumstances considered, the Separate Account’s investment performance was reasonable. In addition, the Committee considered its ongoing review of best execution and portfolio turnover practices of TAI to assess whether those practices continue to be in the best interests of the Separate Account.
COST AND PROFITABILITY
The Committee considered financial and profitability data relating to TAI for the calendar year 2008. The Committee considered profit calculations both before and after taking into account the costs incurred directly or indirectly by TAI in connection with the distribution of the Separate Account’s contracts. The Committee considered that TAI has consistently incurred losses based on its services to the Separate Account under the Agreement, but that with the reduction in TAI’s voluntary waiver of the Separate Account’s advisory fee beginning August 1, 2009, TAI might eventually make a profit on the service provided to the Account. Among other considerations, the Committee acknowledged the reasonableness of having fee rates which permit TAI to maintain and improve the quality of services provided to the Separate Account. In this connection, the Committee noted its ongoing review of the level of personnel and other resources available to portfolio management functions so as to assess whether sufficient resources are being devoted to these functions.
28 | 2009 Semiannual Report n TIAA Separate Account VA-1 |
continued |
FEES CHARGED BY OTHER ADVISERS
The Committee considered information regarding fees paid to other advisers for managing similar funds that underlie variable insurance products, as analyzed by Lipper. The Committee determined that the management fee rate charged to the Separate Account under the Agreement is lower than the management fee rates charged by many or most comparable mutual funds that underlie variable insurance products. Based on all factors considered, the Committee determined that the fee rate under the Agreement was reasonable in relation to those charged by appropriate groups of comparable mutual funds that underlie variable insurance products.
ECONOMIES OF SCALE
The Committee considered whether TAI has or would experience economies of scale in connection with its services to the Separate Account. In this connection, the Committee considered that TAI had incurred operating losses with respect to its services provided to the Separate Account in 2008, and that the Account had generally lost assets during the year due to the drop in the financial markets. With respect to the current fee rate, the Committee also considered whether the addition of fee “breakpoints” (under which additional assets in the Separate Account would be assessed lower fee rates) would have a material effect on overall fee rates. The Committee determined that the current fee rate at the current asset level already was low compared to peer groups of mutual funds that underlie variable insurance products, and would remain low even with the reduction in TAI’s voluntary waiver. Thus, the Committee determined that the Separate Account’s fee schedule was reasonable in light of current economies of scale considerations and current asset levels.
FEE COMPARISON WITH OTHER TAI CLIENTS
The Committee considered that TAI provides similar investment management services to other affiliated investment companies. In addition, TAI manages large institutional client assets through unregistered commingled funds and separate accounts with similar investment strategies and investment staff. The Committee considered the schedule of fees for each of these funds. The Committee also considered TAI’s representation that, while management fee rates may differ for comparable funds, this is due in part to the fact that some of the comparable funds are offered through products that charge additional fees to its investors. The Committee considered TAI’s representation that because the comparable funds target different types of investors and use different distribution channels, these factors justify different pricing schedules.
OTHER BENEFITS
The Committee also considered additional benefits to the Separate Account and to TAI and its affiliates arising from the Agreement. For example, TAI continues to
TIAA Separate Account VA-1 n 2009 Semiannual Report | 29 |
MANAGEMENT COMMITTEE APPROVAL OF
INVESTMENT MANAGEMENT AGREEMENT | concluded |
be willing to waive fees to the Separate Account. In addition, TAI and its affiliates may benefit from the advisory relationship with the Separate Account to the extent this relationship results in potential investors viewing the TIAA-CREF group of companies as a leading retirement plan provider in the academic and nonprofit market and a single source for all their financial service needs. Also, certain other funds managed by TAI or its affiliates may be managed in the same manner and by the same personnel, thus resulting in the possibility for certain benefits like economies of scale. Additionally, the Separate Account may benefit from TAI’s ability to acquire investment research related to its commission (i.e., soft dollar) arrangements.
CERTAIN SPECIFIC FACTORS CONSIDERED BY THE COMMITTEE
The Members considered the following specific factors (among others) during their determination to renew the Agreement. In the following discussion, if the Separate Account is referred to as being in the “1st” quintile, it is in the best of five groups (that is, the group has the best performance or the lowest expenses, as the case may be). References below to quintiles are based on data provided to the Committee in the reports prepared by Lipper. All periods referenced below end as of December 31, 2008. Under the Morningstar rating system, 5 stars is the highest rating category and 1 star is the lowest rating category.
• | The Separate Account’s contractual management fee is 0.30% of average daily net assets. The Separate Account’s actual management fee, after waivers, effective August 1, 2009, is 0.15%. |
• | The Separate Account’s actual management fees were in the 2nd quintile of the group of comparable funds selected by Lipper for expense comparison purposes (“Expense Group”) and the universe of comparable funds identified by Lipper for expense comparison purposes (“Expense Universe”). Total expenses ranked in the 5th and 4th quintile of the Expense Group and Expense Universe, respectively. |
• | For the one-year period, the Separate Account was in the 2nd quintile of the universe of comparable funds identified by Lipper for expense comparison purposes (“Performance Universe”). |
• | The Separate Account was in the 3rd quintile of its Performance Universe for the two-, three-, four- and five-year periods. |
• | The Separate Account received an Overall Morningstar Rating of 3 stars for the one-year period. |
• | TAI incurred a net loss with respect to its services to the Separate Account for the one-year period. |
Based primarily on the foregoing factors and considerations, the Committee renewed the Agreement.
30 | 2009` Semiannual Report n TIAA Separate Account VA-1 |
TIAA-CREF WEBSITE
Account performance, personal account information and transactions, product descriptions, and information about investment choices and income options
tiaa-cref.org
24 hours a day, 7 days a week
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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 Brokerage Services is a division of TIAA-CREF Individual & Institutional Services, LLC, member, FINRA/SIPC. TIAA-CREF Individual & Institutional Services, LLC and Teachers Personal Investors Services, Inc., member, FINRA, distribute securities products. Insurance and annuity products are issued by TIAA-CREF Life Insurance Co., New York, NY. 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
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C45092 | A10938 (8/09) |
Item 2. | Code of Ethics. |
Not applicable.
Item 3. | Audit Committee Financial Expert. |
Not applicable.
Item 4. | Principal Accountant Fees and Services. |
Not Applicable.
Item 5. | Audit Committee of Listed Registrants. |
Not Applicable.
Item 6. | Schedule of Investments. |
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
TIAA SEPARATE ACCOUNT VA-1
STOCK INDEX ACCOUNT
SCHEDULE OF INVESTMENTS (unaudited)
June 30, 2009
SHARES | COMPANY | VALUE (000) | |||||
COMMON STOCKS - 99.92% | |||||||
AGRICULTURAL PRODUCTION-CROPS - 0.01% | |||||||
2,584 | * | Chiquita Brands International, Inc | $ | 26 | |||
149 | Griffin Land & Nurseries, Inc (Class A) | 5 | |||||
TOTAL AGRICULTURAL PRODUCTION-CROPS | 31 | ||||||
AGRICULTURAL PRODUCTION-LIVESTOCK - 0.01% | |||||||
803 | Cal-Maine Foods, Inc | 20 | |||||
22 | Seaboard Corp | 25 | |||||
TOTAL AGRICULTURAL PRODUCTION-LIVESTOCK | 45 | ||||||
AGRICULTURAL SERVICES - 0.00%** | |||||||
727 | * | Cadiz, Inc | 7 | ||||
555 | Calavo Growers, Inc | 11 | |||||
TOTAL AGRICULTURAL SERVICES | 18 | ||||||
AMUSEMENT AND RECREATION SERVICES - 0.60% | |||||||
3,231 | * | Bally Technologies, Inc | 97 | ||||
433 | Churchill Downs, Inc | 15 | |||||
978 | Dover Downs Gaming & Entertainment, Inc | 5 | |||||
18,161 | * | Electronic Arts, Inc | 394 | ||||
1,772 | International Speedway Corp (Class A) | 45 | |||||
2,155 | * | Life Time Fitness, Inc | 43 | ||||
4,424 | * | Live Nation, Inc | 21 | ||||
1,276 | * | Multimedia Games, Inc | 6 | ||||
3,623 | * | Penn National Gaming, Inc | 105 | ||||
3,407 | * | Pinnacle Entertainment, Inc | 32 | ||||
819 | Speedway Motorsports, Inc | 11 | |||||
2,163 | * | Ticketmaster | 14 | ||||
1,000 | * | Town Sports International Holdings, Inc | 4 | ||||
106,524 | Walt Disney Co | 2,486 | |||||
2,602 | * | Warner Music Group Corp | 15 | ||||
2,631 | * | WMS Industries, Inc | 83 | ||||
1,461 | World Wrestling Entertainment, Inc (Class A) | 18 | |||||
1,694 | * | Youbet.com, Inc | 6 | ||||
TOTAL AMUSEMENT AND RECREATION SERVICES | 3,400 | ||||||
APPAREL AND ACCESSORY STORES - 0.60% | |||||||
5,074 | Abercrombie & Fitch Co (Class A) | 129 | |||||
3,747 | * | Aeropostale, Inc | 128 | ||||
2,117 | * | American Apparel, Inc | 8 | ||||
9,979 | American Eagle Outfitters, Inc | 141 | |||||
3,358 | * | AnnTaylor Stores Corp | 27 | ||||
1,533 | Bebe Stores, Inc | 11 | |||||
2,844 | Brown Shoe Co, Inc | 21 | |||||
1,313 | Buckle, Inc | 42 | |||||
3,338 | * | Carter’s, Inc | 82 | ||||
1,800 | Cato Corp (Class A) | 31 | |||||
1,406 | * | Charlotte Russe Holding, Inc | 18 | ||||
6,864 | * | Charming Shoppes, Inc | 26 | ||||
10,387 | * | Chico’s FAS, Inc | 101 | ||||
1,410 | * | Children’s Place Retail Stores, Inc | 37 | ||||
2,493 | Christopher & Banks Corp | 17 | |||||
836 | * | Citi Trends, Inc | 22 | ||||
3,907 | * | Collective Brands, Inc | 57 | ||||
238 | * | Destination Maternity Corp | 4 | ||||
2,718 | * | Dress Barn, Inc | 39 | ||||
1,051 | * | DSW, Inc (Class A) | 10 |
1
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
2,083 | Finish Line, Inc (Class A) | $ | 15 | ||||
9,029 | Foot Locker, Inc | 95 | |||||
27,548 | Gap, Inc | 452 | |||||
5,429 | * | Hanesbrands, Inc | 81 | ||||
2,222 | * | Hot Topic, Inc | 16 | ||||
2,758 | * | J Crew Group, Inc | 75 | ||||
1,141 | * | JOS A Bank Clothiers, Inc | 39 | ||||
17,392 | * | Kohl’s Corp | 745 | ||||
14,643 | Limited Brands, Inc | 175 | |||||
888 | * | New York & Co, Inc | 3 | ||||
9,524 | Nordstrom, Inc | 189 | |||||
4,283 | * | Pacific Sunwear Of California, Inc | 14 | ||||
7,285 | Ross Stores, Inc | 281 | |||||
517 | * | Shoe Carnival, Inc | 6 | ||||
2,332 | Stage Stores, Inc | 26 | |||||
1,200 | Talbots, Inc | 6 | |||||
1,080 | * | Tween Brands, Inc | 7 | ||||
1,963 | * | Under Armour, Inc (Class A) | 44 | ||||
7,098 | * | Urban Outfitters, Inc | 148 | ||||
5,043 | * | Wet Seal, Inc (Class A) | 15 | ||||
TOTAL APPAREL AND ACCESSORY STORES | 3,383 | ||||||
APPAREL AND OTHER TEXTILE PRODUCTS - 0.36% | |||||||
762 | Columbia Sportswear Co | 24 | |||||
811 | * | G-III Apparel Group Ltd | 9 | ||||
3,453 | Guess ?, Inc | 89 | |||||
1,699 | * | Gymboree Corp | 60 | ||||
5,065 | Jones Apparel Group, Inc | 54 | |||||
5,941 | Liz Claiborne, Inc | 17 | |||||
2,204 | * | Lululemon Athletica, Inc | 29 | ||||
1,392 | * | Maidenform Brands, Inc | 16 | ||||
20,345 | Nike, Inc (Class B) | 1,054 | |||||
3,068 | Phillips-Van Heusen Corp | 88 | |||||
3,241 | Polo Ralph Lauren Corp (Class A) | 174 | |||||
7,612 | * | Quiksilver, Inc | 14 | ||||
1,435 | * | True Religion Apparel, Inc | 32 | ||||
4,795 | VF Corp | 265 | |||||
2,470 | * | Warnaco Group, Inc | 80 | ||||
TOTAL APPAREL AND OTHER TEXTILE PRODUCTS | 2,005 | ||||||
AUTO REPAIR, SERVICES AND PARKING - 0.06% | |||||||
607 | * | Amerco, Inc | 23 | ||||
1,436 | * | Dollar Thrifty Automotive Group, Inc | 20 | ||||
10,831 | * | Hertz Global Holdings, Inc | 87 | ||||
1,073 | * | Midas, Inc | 11 | ||||
873 | Monro Muffler, Inc | 22 | |||||
3,326 | Ryder System, Inc | 93 | |||||
672 | * | Standard Parking Corp | 11 | ||||
2,361 | * | Wright Express Corp | 60 | ||||
TOTAL AUTO REPAIR, SERVICES AND PARKING | 327 | ||||||
AUTOMOTIVE DEALERS AND SERVICE STATIONS - 0.23% | |||||||
5,309 | Advance Auto Parts | 220 | |||||
580 | * | America’s Car-Mart, Inc | 12 | ||||
1,889 | Asbury Automotive Group, Inc | 19 | |||||
4,274 | * | Autonation, Inc | 74 | ||||
1,899 | * | Autozone, Inc | 287 | ||||
12,774 | * | Carmax, Inc | 188 | ||||
3,576 | * | Copart, Inc | 124 | ||||
832 | * | Lithia Motors, Inc (Class A) | 8 | ||||
7,596 | * | O’Reilly Automotive, Inc | 288 | ||||
2,259 | Penske Auto Group, Inc | 38 | |||||
2,119 | * | Rush Enterprises, Inc (Class A) | 25 |
2
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,546 | Sonic Automotive, Inc (Class A) | $ | 16 | ||||
TOTAL AUTOMOTIVE DEALERS AND SERVICE STATIONS | 1,299 | ||||||
BUILDING MATERIALS AND GARDEN SUPPLIES - 0.74% | |||||||
967 | * | Builders FirstSource, Inc | 4 | ||||
7,708 | Fastenal Co | 256 | |||||
96,427 | Home Depot, Inc | 2,278 | |||||
84,087 | Lowe’s Cos, Inc | 1,632 | |||||
809 | * | Lumber Liquidators, Inc | 13 | ||||
TOTAL BUILDING MATERIALS AND GARDEN SUPPLIES | 4,183 | ||||||
BUSINESS SERVICES - 7.95% | |||||||
22,705 | * | 3Com Corp | 107 | ||||
813 | * | 3D Systems Corp | 6 | ||||
2,635 | Aaron Rents, Inc | 79 | |||||
2,600 | ABM Industries, Inc | 47 | |||||
1,804 | * | Acacia Research (Acacia Technologies) | 14 | ||||
1,645 | * | ACI Worldwide, Inc | 23 | ||||
2,280 | * | ActivIdentity Corp | 6 | ||||
32,330 | * | Activision Blizzard, Inc | 408 | ||||
3,273 | * | Actuate Corp | 16 | ||||
3,887 | Acxiom Corp | 34 | |||||
1,359 | Administaff, Inc | 32 | |||||
30,054 | * | Adobe Systems, Inc | 851 | ||||
828 | * | Advent Software, Inc | 27 | ||||
5,343 | * | Affiliated Computer Services, Inc (Class A) | 237 | ||||
2,801 | Aircastle Ltd | 21 | |||||
9,967 | * | Akamai Technologies, Inc | 191 | ||||
3,424 | * | Alliance Data Systems Corp | 141 | ||||
11,220 | * | Amdocs Ltd | 241 | ||||
2,166 | * | American Reprographics Co | 18 | ||||
764 | American Software, Inc (Class A) | 4 | |||||
1,660 | * | AMICAS, Inc | 5 | ||||
2,116 | * | AMN Healthcare Services, Inc | 14 | ||||
5,100 | * | Ansys, Inc | 159 | ||||
1,377 | * | APAC Customer Services, Inc | 7 | ||||
1,600 | Arbitron, Inc | 25 | |||||
1,040 | * | ArcSight, Inc | 18 | ||||
5,091 | * | Ariba, Inc | 50 | ||||
7,187 | * | Art Technology Group, Inc | 27 | ||||
1,058 | * | Asset Acceptance Capital Corp | 8 | ||||
1,875 | * | athenahealth, Inc | 69 | ||||
13,143 | * | Autodesk, Inc | 249 | ||||
29,004 | Automatic Data Processing, Inc | 1,027 | |||||
6,370 | * | Avis Budget Group, Inc | 36 | ||||
2,606 | * | Avocent Corp | 36 | ||||
631 | * | Bankrate, Inc | 16 | ||||
383 | Barrett Business Services, Inc | 4 | |||||
1,565 | BGC Partners, Inc (Class A) | 6 | |||||
2,730 | Blackbaud, Inc | 42 | |||||
1,799 | * | Blackboard, Inc | 52 | ||||
2,165 | * | Blue Coat Systems, Inc | 36 | ||||
10,740 | * | BMC Software, Inc | 363 | ||||
1,263 | * | Bottomline Technologies, Inc | 11 | ||||
4,383 | * | BPZ Energy, Inc | 22 | ||||
2,842 | Brady Corp (Class A) | 71 | |||||
2,433 | Brink’s Co | 71 | |||||
2,433 | * | Brink’s Home Security Holdings, Inc | 69 | ||||
22,048 | CA, Inc | 384 | |||||
1,856 | * | CACI International, Inc (Class A) | 79 | ||||
14,981 | * | Cadence Design Systems, Inc | 88 | ||||
1,751 | * | Callidus Software, Inc | 5 | ||||
760 | * | Capella Education Co | 46 | ||||
1,930 | * | Cavium Networks, Inc | 32 | ||||
3,229 | * | CBIZ, Inc | 23 | ||||
3,941 | * | Cerner Corp | 245 | ||||
2,005 | * | Chordiant Software, Inc | 7 | ||||
3,700 | * | Ciber, Inc | 11 |
3
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
10,454 | * | Citrix Systems, Inc | $ | 333 | |||
2,400 | * | Clear Channel Outdoor Holdings, Inc (Class A) | 13 | ||||
620 | * | Clinical Data, Inc | 7 | ||||
2,857 | * | Cogent Communications Group, Inc | 23 | ||||
2,800 | * | Cogent, Inc | 30 | ||||
2,472 | Cognex Corp | 35 | |||||
16,454 | * | Cognizant Technology Solutions Corp (Class A) | 439 | ||||
2,159 | * | Commvault Systems, Inc | 36 | ||||
1,180 | Compass Diversified Trust | 10 | |||||
869 | * | Compellent Technologies, Inc | 13 | ||||
602 | Computer Programs & Systems, Inc | 23 | |||||
8,402 | * | Computer Sciences Corp | 372 | ||||
760 | * | Computer Task Group, Inc | 5 | ||||
14,062 | * | Compuware Corp | 96 | ||||
839 | * | COMSYS IT Partners, Inc | 5 | ||||
2,398 | * | Concur Technologies, Inc | 75 | ||||
1,230 | * | Constant Contact, Inc | 24 | ||||
5,793 | * | Convergys Corp | 54 | ||||
1,115 | * | CoStar Group, Inc | 44 | ||||
1,511 | * | CSG Systems International, Inc | 20 | ||||
3,935 | * | Cybersource Corp | 60 | ||||
2,687 | * | Data Domain, Inc | 90 | ||||
2,053 | * | DealerTrack Holdings, Inc | 35 | ||||
3,060 | Deluxe Corp | 39 | |||||
718 | * | Dice Holdings, Inc | 3 | ||||
2,231 | * | Digital River, Inc | 81 | ||||
1,448 | * | DivX, Inc | 8 | ||||
1,061 | * | Double-Take Software, Inc | 9 | ||||
1,943 | * | DST Systems, Inc | 72 | ||||
311 | * | Dynamics Research Corp | 3 | ||||
1,500 | * | DynCorp International, Inc (Class A) | 25 | ||||
6,551 | * | Earthlink, Inc | 49 | ||||
63,814 | * | eBay, Inc | 1,093 | ||||
375 | * | Ebix, Inc | 12 | ||||
1,837 | * | Echelon Corp | 16 | ||||
2,985 | * | Eclipsys Corp | 53 | ||||
1,000 | Electro Rent Corp | 9 | |||||
3,012 | * | Electronics for Imaging, Inc | 32 | ||||
3,754 | * | Entrust, Inc | 7 | ||||
3,122 | * | Epicor Software Corp | 17 | ||||
2,131 | * | EPIQ Systems, Inc | 33 | ||||
7,089 | Equifax, Inc | 185 | |||||
4,575 | * | Evergreen Energy, Inc | 4 | ||||
1,283 | * | ExlService Holdings, Inc | 14 | ||||
10,699 | * | Expedia, Inc | 162 | ||||
4,626 | * | F5 Networks, Inc | 160 | ||||
2,531 | Factset Research Systems, Inc | 126 | |||||
2,596 | Fair Isaac Corp | 40 | |||||
2,479 | * | FalconStor Software, Inc | 12 | ||||
11,252 | Fidelity National Information Services, Inc | 225 | |||||
345 | * | First Advantage Corp (Class A) | 5 | ||||
9,054 | * | Fiserv, Inc | 414 | ||||
983 | * | Forrester Research, Inc | 24 | ||||
3,651 | * | Gartner, Inc | 56 | ||||
2,712 | * | Global Cash Access, Inc | 22 | ||||
882 | * | Global Sources Ltd | 6 | ||||
13,698 | * | Google, Inc (Class A) | 5,775 | ||||
920 | * | GSE Systems, Inc | 6 | ||||
1,293 | * | H&E Equipment Services, Inc | 12 | ||||
2,506 | * | Hackett Group, Inc | 6 | ||||
2,249 | Healthcare Services Group | 40 | |||||
1,893 | Heartland Payment Systems, Inc | 18 | |||||
240 | * | HeartWare International, Inc | 7 | ||||
1,202 | Heidrick & Struggles International, Inc | 22 | |||||
5,757 | * | HLTH Corp | 75 | ||||
1,403 | * | HMS Holdings Corp | 57 | ||||
947 | * | i2 Technologies, Inc | 12 |
4
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
448 | * | ICT Group, Inc | $ | 4 | |||
1,449 | iGate Corp | 10 | |||||
2,627 | * | IHS, Inc (Class A) | 131 | ||||
10,686 | IMS Health, Inc | 136 | |||||
1,967 | infoGROUP, Inc | 11 | |||||
4,859 | * | Informatica Corp | 84 | ||||
2,218 | Infospace, Inc | 15 | |||||
1,446 | * | Innerworkings, Inc | 7 | ||||
1,272 | * | Innodata Isogen, Inc | 6 | ||||
1,116 | * | Integral Systems, Inc | 9 | ||||
2,217 | Interactive Data Corp | 51 | |||||
803 | * | Interactive Intelligence, Inc | 10 | ||||
3,256 | * | Internap Network Services Corp | 11 | ||||
1,292 | * | Internet Brands, Inc (Class A) | 9 | ||||
2,646 | * | Internet Capital Group, Inc | 18 | ||||
27,952 | * | Interpublic Group of Cos, Inc | 141 | ||||
18,400 | * | Intuit, Inc | 518 | ||||
1,814 | * | inVentiv Health, Inc | 25 | ||||
2,561 | * | Ipass, Inc | 4 | ||||
10,027 | * | Iron Mountain, Inc | 288 | ||||
4,326 | Jack Henry & Associates, Inc | 90 | |||||
1,724 | * | JDA Software Group, Inc | 26 | ||||
30,025 | * | Juniper Networks, Inc | 709 | ||||
1,200 | Kelly Services, Inc (Class A) | 13 | |||||
1,544 | * | Kenexa Corp | 18 | ||||
941 | * | Keynote Systems, Inc | 7 | ||||
1,774 | * | Kforce, Inc | 15 | ||||
1,667 | * | Knot, Inc | 13 | ||||
2,700 | * | Korn/Ferry International | 29 | ||||
3,348 | * | Lamar Advertising Co (Class A) | 51 | ||||
7,959 | * | Lawson Software, Inc | 44 | ||||
2,000 | * | Limelight Networks, Inc | 9 | ||||
3,304 | * | Lionbridge Technologies | 6 | ||||
511 | * | Liquidity Services, Inc | 5 | ||||
2,334 | * | Liveperson, Inc | 9 | ||||
1,595 | * | Manhattan Associates, Inc | 29 | ||||
4,591 | Manpower, Inc | 194 | |||||
1,171 | * | Mantech International Corp (Class A) | 50 | ||||
1,311 | Marchex, Inc (Class B) | 4 | |||||
4,858 | Mastercard, Inc (Class A) | 813 | |||||
8,855 | * | McAfee, Inc | 374 | ||||
5,422 | * | Mentor Graphics Corp | 30 | ||||
441,205 | Microsoft Corp | 10,488 | |||||
602 | * | MicroStrategy, Inc (Class A) | 30 | ||||
2,884 | * | ModusLink Global Solutions, Inc | 20 | ||||
4,696 | * | MoneyGram International, Inc | 8 | ||||
866 | * | Monotype Imaging Holdings, Inc | 6 | ||||
7,154 | * | Monster Worldwide, Inc | 84 | ||||
10,909 | Moody’s Corp | 287 | |||||
8,584 | * | Move, Inc | 19 | ||||
5,555 | * | MPS Group, Inc | 42 | ||||
2,666 | * | MSC Software Corp | 18 | ||||
390 | * | NCI, Inc (Class A) | 12 | ||||
8,531 | * | NCR Corp | 101 | ||||
2,111 | * | Ness Technologies, Inc | 8 | ||||
2,427 | * | NetFlix, Inc | 100 | ||||
1,792 | * | Netscout Systems, Inc | 17 | ||||
720 | * | NetSuite, Inc | 9 | ||||
1,690 | * | Network Equipment Technologies, Inc | 7 | ||||
2,722 | NIC, Inc | 18 | |||||
19,830 | * | Novell, Inc | 90 | ||||
11,969 | * | Nuance Communications, Inc | 145 | ||||
17,931 | Omnicom Group, Inc | 567 | |||||
3,715 | * | Omniture, Inc | 47 | ||||
1,673 | * | On Assignment, Inc | 7 | ||||
1,415 | * | Online Resources Corp | 9 | ||||
142 | * | OpenTable, Inc | 4 | ||||
5,712 | * | OpenTV Corp (Class A) | 8 |
5
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
430 | Opnet Technologies, Inc | $ | 4 | ||||
219,100 | Oracle Corp | 4,693 | |||||
6,745 | * | Parametric Technology Corp | 79 | ||||
1,245 | PC-Tel, Inc | 7 | |||||
702 | Pegasystems, Inc | 19 | |||||
1,789 | * | Perficient, Inc | 13 | ||||
5,345 | * | Perot Systems Corp (Class A) | 77 | ||||
494 | * | Pervasive Software, Inc | 3 | ||||
2,266 | * | Phase Forward, Inc | 34 | ||||
1,611 | * | Phoenix Technologies Ltd | 4 | ||||
1,042 | * | Portfolio Recovery Associates, Inc | 40 | ||||
3,214 | * | Premiere Global Services, Inc | 35 | ||||
2,454 | * | Progress Software Corp | 52 | ||||
774 | * | PROS Holdings, Inc | 6 | ||||
1,000 | QAD, Inc | 3 | |||||
1,262 | Quality Systems, Inc | 72 | |||||
3,911 | * | Quest Software, Inc | 55 | ||||
3,708 | * | Rackspace Hosting, Inc | 51 | ||||
1,505 | * | Radiant Systems, Inc | 12 | ||||
1,200 | * | Radisys Corp | 11 | ||||
3,056 | * | Raser Technologies, Inc | 9 | ||||
4,340 | * | RealNetworks, Inc | 13 | ||||
10,606 | * | Red Hat, Inc | 213 | ||||
781 | Renaissance Learning, Inc | 7 | |||||
3,920 | * | Rent-A-Center, Inc | 70 | ||||
1,008 | * | Rewards Network, Inc | 4 | ||||
1,505 | * | RightNow Technologies, Inc | 18 | ||||
1,200 | * | Riskmetrics Group Inc | 21 | ||||
8,549 | Robert Half International, Inc | 202 | |||||
2,146 | Rollins, Inc | 37 | |||||
301 | * | Rosetta Stone, Inc | 8 | ||||
2,525 | * | RSC Holdings, Inc | 17 | ||||
2,512 | * | S1 Corp | 17 | ||||
1,356 | * | Saba Software, Inc | 5 | ||||
6,297 | * | Salesforce.com, Inc | 240 | ||||
5,190 | * | Sapient Corp | 33 | ||||
1,301 | * | Smith Micro Software, Inc | 13 | ||||
1,699 | * | Sohu.com, Inc | 107 | ||||
380 | * | SolarWinds, Inc | 6 | ||||
3,629 | * | SonicWALL, Inc | 20 | ||||
14,052 | * | Sonus Networks, Inc | 23 | ||||
3,912 | Sotheby’s (Class A) | 55 | |||||
1,235 | * | Sourcefire, Inc | 15 | ||||
3,429 | * | Spherion Corp | 14 | ||||
1,220 | * | SPSS, Inc | 41 | ||||
2,484 | * | SRA International, Inc (Class A) | 44 | ||||
511 | * | StarTek, Inc | 4 | ||||
1,404 | * | Stratasys, Inc | 15 | ||||
2,028 | * | SuccessFactors, Inc | 19 | ||||
1,813 | * | SumTotal Systems, Inc | 9 | ||||
42,954 | * | Sun Microsystems, Inc | 396 | ||||
2,697 | * | Support.com, Inc | 6 | ||||
4,737 | * | Sybase, Inc | 148 | ||||
1,700 | * | SYKES Enterprises, Inc | 31 | ||||
47,179 | * | Symantec Corp | 734 | ||||
1,133 | * | Synchronoss Technologies, Inc | 14 | ||||
976 | * | SYNNEX Corp | 24 | ||||
7,658 | * | Synopsys, Inc | 149 | ||||
784 | Syntel, Inc | 25 | |||||
4,650 | Take-Two Interactive Software, Inc | 44 | |||||
1,034 | TAL International Group, Inc | 11 | |||||
1,688 | * | Taleo Corp (Class A) | 31 | ||||
798 | * | TechTarget, Inc | 3 | ||||
2,030 | * | TeleTech Holdings, Inc | 31 | ||||
590 | Textainer Group Holdings Ltd | 7 | |||||
4,249 | * | THQ, Inc | 30 | ||||
10,393 | * | TIBCO Software, Inc | 75 | ||||
720 | * | Tier Technologies, Inc | 6 |
6
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,534 | * | TNS, Inc | $ | 29 | |||
9,538 | Total System Services, Inc | 128 | |||||
1,590 | * | TradeStation Group, Inc | 13 | ||||
2,933 | * | TrueBlue, Inc | 25 | ||||
1,541 | * | Ultimate Software Group, Inc | 37 | ||||
571 | * | Unica Corp | 3 | ||||
22,840 | * | Unisys Corp | 34 | ||||
4,557 | United Online, Inc | 30 | |||||
3,113 | * | United Rentals, Inc | 20 | ||||
4,819 | * | Valueclick, Inc | 51 | ||||
1,577 | * | Vasco Data Security International | 12 | ||||
10,928 | * | VeriSign, Inc | 202 | ||||
1,286 | Viad Corp | 22 | |||||
1,536 | * | Vignette Corp | 20 | ||||
620 | * | Virtusa Corp | 5 | ||||
25,690 | Visa, Inc (Class A) | 1,600 | |||||
2,790 | * | VMware, Inc (Class A) | 76 | ||||
792 | * | Vocus, Inc | 16 | ||||
858 | * | Volt Information Sciences, Inc | 5 | ||||
449 | * | WebMD Health Corp (Class A) | 13 | ||||
2,713 | * | Websense, Inc | 48 | ||||
1,627 | * | Website Pros, Inc | 9 | ||||
4,082 | * | Wind River Systems, Inc | 47 | ||||
68,260 | * | Yahoo!, Inc | 1,069 | ||||
TOTAL BUSINESS SERVICES | 44,829 | ||||||
CHEMICALS AND ALLIED PRODUCTS - 12.56% | |||||||
88,163 | Abbott Laboratories | 4,147 | |||||
357 | * | Abraxis Bioscience, Inc | 13 | ||||
2,329 | * | Acorda Therapeutics, Inc | 66 | ||||
2,757 | * | Adolor Corp | 5 | ||||
12,078 | Air Products & Chemicals, Inc | 781 | |||||
1,600 | * | Albany Molecular Research, Inc | 13 | ||||
5,362 | Albemarle Corp | 137 | |||||
5,024 | Alberto-Culver Co | 128 | |||||
4,608 | * | Alexion Pharmaceuticals, Inc | 189 | ||||
5,676 | * | Alkermes, Inc | 61 | ||||
3,435 | * | Allos Therapeutics, Inc | 28 | ||||
2,039 | * | Alnylam Pharmaceuticals, Inc | 45 | ||||
968 | * | AMAG Pharmaceuticals, Inc | 53 | ||||
3,695 | * | American Oriental Bioengineering, Inc | 20 | ||||
928 | American Vanguard Corp | 10 | |||||
58,133 | * | Amgen, Inc | 3,078 | ||||
861 | * | Amicus Therapeutics, Inc | 10 | ||||
1,500 | Arch Chemicals, Inc | 37 | |||||
803 | * | Ardea Biosciences, Inc | 13 | ||||
4,523 | * | Arena Pharmaceuticals, Inc | 23 | ||||
2,036 | * | Arqule, Inc | 13 | ||||
3,660 | * | Array Biopharma, Inc | 11 | ||||
1,157 | * | ARYx Therapeutics, Inc | 5 | ||||
2,455 | * | Auxilium Pharmaceuticals, Inc | 77 | ||||
3,528 | * | AVANIR Pharmaceuticals, Inc | 8 | ||||
5,963 | Avery Dennison Corp | 153 | |||||
4,441 | * | AVI BioPharma, Inc | 7 | ||||
24,050 | Avon Products, Inc | 620 | |||||
1,170 | Balchem Corp | 29 | |||||
1,205 | * | BioCryst Pharmaceuticals, Inc | 5 | ||||
657 | * | Biodel, Inc | 3 | ||||
16,532 | * | Biogen Idec, Inc | 746 | ||||
5,913 | * | BioMarin Pharmaceuticals, Inc | 92 | ||||
723 | * | BioMimetic Therapeutics, Inc | 7 | ||||
215 | * | Biospecifics Technologies Corp | 5 | ||||
112,885 | Bristol-Myers Squibb Co | 2,293 | |||||
3,844 | Cabot Corp | 48 | |||||
1,015 | * | Cadence Pharmaceuticals, Inc | 10 | ||||
2,978 | * | Calgon Carbon Corp | 41 | ||||
1,815 | * | Cambrex Corp | 7 | ||||
631 | * | Caraco Pharmaceutical Laboratories Ltd | 2 | ||||
8,280 | Celanese Corp (Series A) | 197 |
7
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
26,488 | * | Celgene Corp | $ | 1,267 | |||
25,926 | * | Cell Therapeutics, Inc | 45 | ||||
919 | * | Celldex Therapeutics, Inc | 7 | ||||
4,087 | * | Cephalon, Inc | 232 | ||||
2,774 | CF Industries Holdings, Inc | 206 | |||||
3,876 | * | Charles River Laboratories International, Inc | 131 | ||||
167 | Chase Corp | 2 | |||||
1,069 | * | Chattem, Inc | 73 | ||||
1,739 | * | China Precision Steel, Inc | 4 | ||||
425 | * | China-Biotics, Inc | 5 | ||||
3,895 | Church & Dwight Co, Inc | 212 | |||||
7,977 | Clorox Co | 445 | |||||
28,718 | Colgate-Palmolive Co | 2,032 | |||||
318 | * | Cornerstone Therapeutics, Inc | 3 | ||||
898 | * | Cougar Biotechnology, Inc | 39 | ||||
3,539 | * | Cubist Pharmaceuticals, Inc | 65 | ||||
3,574 | * | Curis, Inc | 6 | ||||
2,618 | * | Cypress Bioscience, Inc | 25 | ||||
2,828 | Cytec Industries, Inc | 53 | |||||
1,702 | * | Cytokinetics, Inc | 5 | ||||
1,586 | * | Cytori Therapeutics, Inc | 6 | ||||
6,715 | * | Dendreon Corp | 167 | ||||
5,095 | * | Discovery Laboratories, Inc | 5 | ||||
63,252 | Dow Chemical Co | 1,021 | |||||
51,110 | Du Pont (E.I.) de Nemours & Co | 1,309 | |||||
3,494 | * | Durect Corp | 8 | ||||
4,207 | Eastman Chemical Co | 159 | |||||
13,044 | Ecolab, Inc | 509 | |||||
57,554 | Eli Lilly & Co | 1,994 | |||||
1,704 | * | Elizabeth Arden, Inc | 15 | ||||
834 | * | Emergent Biosolutions, Inc | 12 | ||||
3,047 | * | Enzon Pharmaceuticals, Inc | 24 | ||||
5,935 | Estee Lauder Cos (Class A) | 194 | |||||
1,469 | * | Facet Biotech Corp | 14 | ||||
867 | * | Female Health Co | 4 | ||||
2,913 | Ferro Corp | 8 | |||||
4,244 | FMC Corp | 201 | |||||
17,334 | * | Forest Laboratories, Inc | 435 | ||||
15,201 | * | Genzyme Corp | 846 | ||||
4,973 | * | Geron Corp | 38 | ||||
52,073 | * | Gilead Sciences, Inc | 2,439 | ||||
818 | * | GTx, Inc | 8 | ||||
2,901 | H.B. Fuller Co | 54 | |||||
3,942 | * | Halozyme Therapeutics, Inc | 27 | ||||
316 | Hawkins, Inc | 7 | |||||
6,449 | * | Hemispherx Biopharma, Inc | 16 | ||||
458 | * | Hi-Tech Pharmacal Co, Inc | 4 | ||||
8,965 | * | Hospira, Inc | 345 | ||||
8,974 | * | Human Genome Sciences, Inc | 26 | ||||
8,858 | Huntsman Corp | 45 | |||||
2,326 | * | ICO, Inc | 6 | ||||
861 | * | Idenix Pharmaceuticals, Inc | 3 | ||||
1,248 | * | Idera Pharmaceuticals, Inc | 7 | ||||
3,505 | * | Idexx Laboratories, Inc | 162 | ||||
4,242 | * | Immucor, Inc | 58 | ||||
2,900 | * | Immunogen, Inc | 25 | ||||
3,365 | * | Impax Laboratories, Inc | 25 | ||||
782 | Innophos Holdings, Inc | 13 | |||||
1,460 | Innospec, Inc | 16 | |||||
2,484 | * | Inspire Pharmaceuticals, Inc | 14 | ||||
353 | Inter Parfums, Inc | 3 | |||||
2,107 | * | InterMune, Inc | 32 | ||||
4,677 | International Flavors & Fragrances, Inc | 153 | |||||
4,629 | * | Inverness Medical Innovations, Inc | 165 | ||||
9,809 | * | Invitrogen Corp | 409 | ||||
2,531 | * | Javelin Pharmaceuticals, Inc | 3 | ||||
157,872 | Johnson & Johnson | 8,968 | |||||
922 | Kaiser Aluminum Corp | 33 |
8
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
14,611 | * | King Pharmaceuticals, Inc | $ | 141 | |||
1,077 | Koppers Holdings, Inc | 28 | |||||
2,481 | * | KV Pharmaceutical Co (Class A) | 8 | ||||
1,289 | * | Landec Corp | 9 | ||||
5,552 | * | Ligand Pharmaceuticals, Inc (Class B) | 16 | ||||
3,937 | Lubrizol Corp | 186 | |||||
987 | Mannatech, Inc | 3 | |||||
2,990 | * | MannKind Corp | 25 | ||||
444 | * | MAP Pharmaceuticals, Inc | 5 | ||||
2,033 | Martek Biosciences Corp | 43 | |||||
7,739 | * | Medarex, Inc | 65 | ||||
3,315 | * | Medicines Co | 28 | ||||
3,427 | Medicis Pharmaceutical Corp (Class A) | 56 | |||||
721 | * | Medifast, Inc | 8 | ||||
1,640 | * | Medivation, Inc | 37 | ||||
120,988 | Merck & Co, Inc | 3,383 | |||||
2,420 | Meridian Bioscience, Inc | 55 | |||||
2,296 | * | Micromet, Inc | 11 | ||||
1,139 | Minerals Technologies, Inc | 41 | |||||
1,009 | * | Molecular Insight Pharmaceuticals, Inc | 5 | ||||
1,926 | * | Momenta Pharmaceuticals, Inc | 23 | ||||
31,310 | Monsanto Co | 2,328 | |||||
8,966 | Mosaic Co | 397 | |||||
17,265 | * | Mylan Laboratories, Inc | 225 | ||||
1,277 | * | Myriad Pharmaceuticals, Inc | 6 | ||||
4,000 | * | Nabi Biopharmaceuticals | 10 | ||||
8,034 | Nalco Holding Co | 135 | |||||
3,157 | * | NBTY, Inc | 89 | ||||
2,526 | * | Neurocrine Biosciences, Inc | 8 | ||||
620 | NewMarket Corp | 42 | |||||
563 | NL Industries, Inc | 4 | |||||
4,336 | * | Novavax, Inc | 14 | ||||
1,495 | * | Noven Pharmaceuticals, Inc | 21 | ||||
2,860 | * | NPS Pharmaceuticals, Inc | 13 | ||||
602 | * | Nutraceutical International Corp | 6 | ||||
1,070 | * | Obagi Medical Products, Inc | 8 | ||||
4,620 | Olin Corp | 55 | |||||
1,818 | * | OM Group, Inc | 53 | ||||
2,250 | * | Omnova Solutions, Inc | 7 | ||||
224 | * | OncoGenex Pharmaceutical, Inc | 5 | ||||
3,401 | * | Onyx Pharmaceuticals, Inc | 96 | ||||
1,904 | * | Opko Health, Inc | 3 | ||||
1,463 | * | Optimer Pharmaceuticals, Inc | 22 | ||||
2,901 | * | OraSure Technologies, Inc | 7 | ||||
1,180 | * | Orexigen Therapeutics, Inc | 6 | ||||
3,451 | * | OSI Pharmaceuticals, Inc | 97 | ||||
807 | * | Osiris Therapeutics, Inc | 11 | ||||
7,136 | * | Pactiv Corp | 155 | ||||
1,792 | * | Pain Therapeutics, Inc | 10 | ||||
2,230 | * | Par Pharmaceutical Cos, Inc | 34 | ||||
3,406 | * | Parexel International Corp | 49 | ||||
7,263 | PDL BioPharma, Inc | 57 | |||||
4,687 | Perrigo Co | 130 | |||||
1,182 | * | PetMed Express, Inc | 18 | ||||
385,260 | Pfizer, Inc | 5,780 | |||||
927 | * | Pharmasset, Inc | 10 | ||||
1,726 | * | PharMerica Corp | 34 | ||||
6,365 | * | PolyOne Corp | 17 | ||||
1,351 | * | Poniard Pharmaceuticals, Inc | 8 | ||||
1,425 | * | Pozen, Inc | 11 | ||||
9,520 | PPG Industries, Inc | 418 | |||||
17,700 | Praxair, Inc | 1,258 | |||||
1,891 | * | Prestige Brands Holdings, Inc | 12 | ||||
166,949 | Procter & Gamble Co | 8,530 | |||||
1,419 | * | Progenics Pharmaceuticals, Inc | 7 | ||||
1,925 | * | Protalix BioTherapeutics, Inc | 9 | ||||
3,271 | * | Questcor Pharmaceuticals, Inc | 16 | ||||
1,788 | * | Quidel Corp | 26 |
9
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
991 | * | Revlon, Inc (Class A) | $ | 5 | |||
2,609 | * | Rockwood Holdings, Inc | 38 | ||||
7,403 | RPM International, Inc | 104 | |||||
2,502 | * | Salix Pharmaceuticals Ltd | 25 | ||||
2,882 | * | Santarus, Inc | 8 | ||||
93,262 | Schering-Plough Corp | 2,343 | |||||
1,987 | * | Sciclone Pharmaceuticals, Inc | 5 | ||||
2,294 | Scotts Miracle-Gro Co (Class A) | 80 | |||||
3,020 | Sensient Technologies Corp | 68 | |||||
6,472 | * | Sepracor, Inc | 112 | ||||
5,623 | Sherwin-Williams Co | 302 | |||||
1,470 | * | SIGA Technologies, Inc | 12 | ||||
7,111 | Sigma-Aldrich Corp | 352 | |||||
5,008 | * | Solutia, Inc | 29 | ||||
1,869 | * | Spectrum Pharmaceuticals, Inc | 14 | ||||
5,802 | * | StemCells, Inc | 10 | ||||
500 | Stepan Co | 22 | |||||
620 | * | Sucampo Pharmaceuticals, Inc (Class A) | 4 | ||||
2,656 | * | SuperGen, Inc | 5 | ||||
900 | * | SurModics, Inc | 20 | ||||
3,072 | * | Theravance, Inc | 45 | ||||
1,248 | * | Ulta Salon Cosmetics & Fragrance, Inc | 14 | ||||
1,300 | * | United Therapeutics Corp | 108 | ||||
555 | * | USANA Health Sciences, Inc | 17 | ||||
5,759 | * | USEC, Inc | 31 | ||||
3,766 | * | Valeant Pharmaceuticals International | 97 | ||||
5,893 | Valspar Corp | 133 | |||||
1,501 | * | Vanda Pharmaceuticals, Inc | 18 | ||||
9,920 | * | Vertex Pharmaceuticals, Inc | 354 | ||||
2,010 | * | Vical, Inc | 5 | ||||
4,346 | * | Viropharma, Inc | 26 | ||||
5,432 | * | Warner Chilcott Ltd (Class A) | 71 | ||||
6,232 | * | Watson Pharmaceuticals, Inc | 210 | ||||
893 | Westlake Chemical Corp | 18 | |||||
4,332 | * | WR Grace & Co | 54 | ||||
76,096 | Wyeth | 3,454 | |||||
1,508 | * | Xenoport, Inc | 35 | ||||
2,399 | * | Zymogenetics, Inc | 11 | ||||
TOTAL CHEMICALS AND ALLIED PRODUCTS | 70,820 | ||||||
COAL MINING - 0.21% | |||||||
4,205 | * | Alpha Natural Resources, Inc | 110 | ||||
8,376 | Arch Coal, Inc | 129 | |||||
10,252 | Consol Energy, Inc | 348 | |||||
5,722 | * | International Coal Group, Inc | 16 | ||||
1,514 | * | James River Coal Co | 23 | ||||
4,837 | Massey Energy Co | 95 | |||||
15,410 | Peabody Energy Corp | 465 | |||||
570 | * | Westmoreland Coal Co | 5 | ||||
TOTAL COAL MINING | 1,191 | ||||||
COMMUNICATIONS - 4.53% | |||||||
325 | * | AboveNet, Inc | 26 | ||||
3,405 | Adtran, Inc | 73 | |||||
2,743 | Alaska Communications Systems Group, Inc | 20 | |||||
22,463 | * | American Tower Corp (Class A) | 708 | ||||
1,540 | * | Anixter International, Inc | 58 | ||||
3,054 | * | Aruba Networks, Inc | 27 | ||||
337,984 | AT&T, Inc | 8,397 | |||||
389 | Atlantic Tele-Network, Inc | 15 | |||||
1,206 | * | Audiovox Corp (Class A) | 7 | ||||
2,522 | * | Brightpoint, Inc | 16 | ||||
13,439 | Cablevision Systems Corp (Class A) | 261 | |||||
1,140 | * | Cbeyond Communications, Inc | 16 | ||||
34,987 | CBS Corp (Class B) | 242 | |||||
4,444 | * | Centennial Communications Corp | 37 | ||||
2,093 | * | Central European Media Enterprises Ltd (Class A) | 41 | ||||
5,405 | CenturyTel, Inc | 166 |
10
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
11,188 | * | Cincinnati Bell, Inc | $ | 32 | |||
4,026 | * | Clearwire Corp (Class A) | 22 | ||||
163,274 | Comcast Corp (Class A) | 2,367 | |||||
1,571 | Consolidated Communications Holdings, Inc | 18 | |||||
16,424 | * | Crown Castle International Corp | 395 | ||||
1,802 | * | Crown Media Holdings, Inc (Class A) | 3 | ||||
2,127 | * | CTC Media, Inc | 25 | ||||
608 | D&E Communications, Inc | 6 | |||||
978 | * | DG FastChannel, Inc | 18 | ||||
560 | * | DigitalGlobe, Inc | 11 | ||||
26,608 | * | DIRECTV Group, Inc | 657 | ||||
11,740 | * | DISH Network Corp (Class A) | 190 | ||||
8,324 | Embarq Corp | 350 | |||||
2,122 | * | Equinix, Inc | 154 | ||||
5,145 | Fairpoint Communications, Inc | 3 | |||||
321 | * | Fibernet Telecom Group, Inc | 4 | ||||
354 | Fisher Communications, Inc | 5 | |||||
18,434 | Frontier Communications Corp | 132 | |||||
2,838 | * | General Communication, Inc (Class A) | 20 | ||||
1,077 | * | GeoEye, Inc | 25 | ||||
2,003 | * | Global Crossing Ltd | 18 | ||||
4,388 | Global Payments, Inc | 165 | |||||
394 | HickoryTech Corp | 3 | |||||
396 | * | Hughes Communications, Inc | 9 | ||||
5,714 | * | IAC/InterActiveCorp | 92 | ||||
2,017 | Ibasis, Inc | 3 | |||||
1,487 | * | inContact, Inc | 4 | ||||
1,874 | Iowa Telecommunications Services, Inc | 23 | |||||
1,069 | * | iPCS, Inc | 16 | ||||
2,455 | * | j2 Global Communications, Inc | 55 | ||||
1,587 | * | Knology, Inc | 14 | ||||
3,287 | * | Leap Wireless International, Inc | 108 | ||||
93,633 | * | Level 3 Communications, Inc | 141 | ||||
15,420 | * | Liberty Global, Inc (Class A) | 245 | ||||
4,683 | * | Liberty Media Corp - Capital (Series A) | 64 | ||||
29,764 | * | Liberty Media Corp - Entertainment (Series A) | 796 | ||||
34,198 | * | Liberty Media Holding Corp (Interactive A) | 171 | ||||
1,798 | * | Lin TV Corp (Class A) | 3 | ||||
1,113 | * | Lodgenet Entertainment Corp | 4 | ||||
2,813 | * | Mastec, Inc | 33 | ||||
2,161 | * | Mediacom Communications Corp (Class A) | 11 | ||||
14,563 | * | MetroPCS Communications, Inc | 194 | ||||
4,399 | * | NeuStar, Inc (Class A) | 97 | ||||
1,871 | * | Neutral Tandem, Inc | 55 | ||||
9,674 | * | NII Holdings, Inc (Class B) | 184 | ||||
1,922 | * | Novatel Wireless, Inc | 17 | ||||
1,715 | NTELOS Holdings Corp | 32 | |||||
7,414 | * | PAETEC Holding Corp | 20 | ||||
96 | Preformed Line Products Co | 4 | |||||
83,584 | Qwest Communications International, Inc | 347 | |||||
1,881 | * | RCN Corp | 11 | ||||
1,951 | * | SAVVIS, Inc | 22 | ||||
6,566 | * | SBA Communications Corp (Class A) | 161 | ||||
4,730 | Scripps Networks Interactive (Class A) | 132 | |||||
1,404 | Shenandoah Telecom Co | 28 | |||||
3,111 | Sinclair Broadcast Group, Inc (Class A) | 6 | |||||
159,248 | * | Sprint Nextel Corp | 766 | ||||
412 | * | SureWest Communications | 4 | ||||
1,117 | * | Switch & Data Facilities Co, Inc | 13 | ||||
3,641 | * | Syniverse Holdings, Inc | 58 | ||||
1,946 | * | TeleCommunication Systems, Inc (Class A) | 14 | ||||
5,391 | Telephone & Data Systems, Inc | 153 | |||||
3,069 | * | Terremark Worldwide, Inc | 18 | ||||
20,154 | Time Warner Cable, Inc | 638 | |||||
5,735 | * | TiVo, Inc | 60 | ||||
1,032 | * | US Cellular Corp | 40 | ||||
1,642 | USA Mobility, Inc | 21 |
11
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
162,713 | Verizon Communications, Inc | $ | 5,001 | ||||
31,141 | * | Viacom, Inc (Class B) | 707 | ||||
1,500 | * | Virgin Mobile USA, Inc (Class A) | 6 | ||||
25,569 | Windstream Corp | 214 | |||||
TOTAL COMMUNICATIONS | 25,548 | ||||||
DEPOSITORY INSTITUTIONS - 6.48% | |||||||
1,117 | 1st Source Corp | 19 | |||||
1,011 | Abington Bancorp, Inc | 8 | |||||
243 | Alliance Financial Corp | 7 | |||||
337 | American National Bankshares, Inc | 6 | |||||
853 | Ameris Bancorp | 5 | |||||
387 | Ames National Corp | 9 | |||||
528 | Arrow Financial Corp | 14 | |||||
7,742 | Associated Banc-Corp | 97 | |||||
4,208 | Astoria Financial Corp | 36 | |||||
140 | Auburn National Bancorporation, Inc | 4 | |||||
520 | Bancfirst Corp | 18 | |||||
1,517 | Banco Latinoamericano de Exportaciones S.A. (Class E) | 19 | |||||
88 | Bancorp Rhode Island, Inc | 2 | |||||
5,040 | Bancorpsouth, Inc | 103 | |||||
2,688 | Bank Mutual Corp | 23 | |||||
437,654 | Bank of America Corp | 5,777 | |||||
2,893 | Bank of Hawaii Corp | 104 | |||||
164 | Bank of Kentucky Financial Corp | 5 | |||||
288 | Bank of Marin Bancorp | 8 | |||||
68,164 | Bank of New York Mellon Corp | 1,998 | |||||
638 | Bank of the Ozarks, Inc | 14 | |||||
1,599 | BankFinancial Corp | 14 | |||||
777 | Banner Corp | 3 | |||||
169 | Bar Harbor Bankshares | 5 | |||||
36,709 | BB&T Corp | 807 | |||||
1,950 | * | Beneficial Mutual Bancorp, Inc | 19 | ||||
636 | Berkshire Hills Bancorp, Inc | 13 | |||||
1,341 | BOK Financial Corp | 51 | |||||
3,543 | Boston Private Financial Holdings, Inc | 16 | |||||
354 | * | Bridge Bancorp, Inc | 10 | ||||
3,927 | Brookline Bancorp, Inc | 37 | |||||
397 | Bryn Mawr Bank Corp | 7 | |||||
460 | Camden National Corp | 16 | |||||
831 | Capital City Bank Group, Inc | 14 | |||||
1,324 | Capitol Federal Financial | 51 | |||||
1,503 | Cardinal Financial Corp | 12 | |||||
398 | Cass Information Systems, Inc | 13 | |||||
2,416 | Cathay General Bancorp | 23 | |||||
603 | * | Center Bancorp, Inc | 5 | ||||
519 | Centerstate Banks of Florida, Inc | 4 | |||||
1,887 | Central Pacific Financial Corp | 7 | |||||
152 | Century Bancorp, Inc | 3 | |||||
1,616 | Chemical Financial Corp | 32 | |||||
354 | * | Chicopee Bancorp, Inc | 5 | ||||
314,301 | Citigroup, Inc | 933 | |||||
533 | Citizens & Northern Corp | 11 | |||||
225 | Citizens Holding Co | 7 | |||||
4,633 | * | Citizens Republic Bancorp, Inc | 3 | ||||
923 | City Holding Co | 28 | |||||
2,232 | City National Corp | 82 | |||||
875 | Clifton Savings Bancorp, Inc | 9 | |||||
498 | CNB Financial Corp | 7 | |||||
675 | CoBiz, Inc | 4 | |||||
10,387 | Colonial Bancgroup, Inc | 6 | |||||
1,059 | Columbia Banking System, Inc | 11 | |||||
8,844 | Comerica, Inc | 187 | |||||
3,103 | Commerce Bancshares, Inc | 99 | |||||
2,024 | Community Bank System, Inc | 29 | |||||
1,003 | Community Trust Bancorp, Inc | 27 | |||||
3,071 | Cullen/Frost Bankers, Inc | 142 | |||||
4,428 | CVB Financial Corp | 26 | |||||
1,609 | Dime Community Bancshares | 15 |
12
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,322 | * | Dollar Financial Corp | $ | 18 | |||
559 | * | Eagle Bancorp, Inc | 5 | ||||
3,926 | East West Bancorp, Inc | 25 | |||||
282 | Enterprise Bancorp, Inc | 3 | |||||
512 | Enterprise Financial Services Corp | 5 | |||||
466 | ESB Financial Corp | 6 | |||||
1,035 | ESSA Bancorp, Inc | 14 | |||||
2,804 | * | Euronet Worldwide, Inc | 54 | ||||
377 | Farmers Capital Bank Corp | 9 | |||||
32,672 | Fifth Third Bancorp | 232 | |||||
664 | Financial Institutions, Inc | 9 | |||||
720 | First Bancorp | 11 | |||||
4,676 | First Bancorp (Puerto Rico) | 18 | |||||
498 | First Bancorp, Inc | 10 | |||||
1,530 | First Busey Corp | 11 | |||||
341 | First Citizens Bancshares, Inc (Class A) | 46 | |||||
4,700 | First Commonwealth Financial Corp | 30 | |||||
680 | First Community Bancshares, Inc | 9 | |||||
364 | * | First Defiance Financial Corp | 5 | ||||
2,359 | First Financial Bancorp | 18 | |||||
1,043 | First Financial Bankshares, Inc | 53 | |||||
903 | First Financial Corp | 29 | |||||
600 | First Financial Holdings, Inc | 6 | |||||
1,374 | First Financial Northwest, Inc | 11 | |||||
214 | First Financial Service Corp | 4 | |||||
11,953 | * | First Horizon National Corp | 143 | ||||
1,238 | First Merchants Corp | 10 | |||||
2,914 | First Midwest Bancorp, Inc | 21 | |||||
7,693 | First Niagara Financial Group, Inc | 88 | |||||
288 | First of Long Island Corp | 7 | |||||
504 | First South Bancorp, Inc | 6 | |||||
5,139 | FirstMerit Corp | 87 | |||||
1,967 | * | Flagstar Bancorp, Inc | 1 | ||||
1,105 | Flushing Financial Corp | 10 | |||||
5,502 | FNB Corp | 34 | |||||
10,974 | Fulton Financial Corp | 57 | |||||
602 | German American Bancorp, Inc | 9 | |||||
3,468 | Glacier Bancorp, Inc | 51 | |||||
500 | Great Southern Bancorp, Inc | 10 | |||||
3,800 | * | Guaranty Bancorp | 7 | ||||
1,035 | Hampton Roads Bankshares, Inc | 9 | |||||
1,586 | Hancock Holding Co | 52 | |||||
1,911 | Harleysville National Corp | 9 | |||||
928 | Heartland Financial USA, Inc | 13 | |||||
228 | * | Heritage Financial Corp | 3 | ||||
504 | * | Home Bancorp, Inc | 6 | ||||
765 | Home Bancshares, Inc | 15 | |||||
821 | Home Federal Bancorp, Inc | 8 | |||||
27,921 | Hudson City Bancorp, Inc | 371 | |||||
25,037 | Huntington Bancshares, Inc | 105 | |||||
768 | IBERIABANK Corp | 30 | |||||
1,031 | Independent Bank Corp | 20 | |||||
3,295 | International Bancshares Corp | 34 | |||||
2,034 | * | Investors Bancorp, Inc | 19 | ||||
214,891 | JPMorgan Chase & Co | 7,329 | |||||
1,441 | Kearny Financial Corp | 16 | |||||
28,917 | Keycorp | 152 | |||||
1,025 | Lakeland Bancorp, Inc | 9 | |||||
734 | Lakeland Financial Corp | 14 | |||||
446 | Legacy Bancorp, Inc | 5 | |||||
4,255 | M&T Bank Corp | 217 | |||||
731 | MainSource Financial Group, Inc | 5 | |||||
15,732 | Marshall & Ilsley Corp | 76 | |||||
2,236 | MB Financial, Inc | 23 | |||||
273 | Merchants Bancshares, Inc | 6 | |||||
249 | * | Meridian Interstate Bancorp, Inc | 2 | ||||
5,244 | * | Metavante Technologies, Inc | 136 | ||||
265 | Midsouth Bancorp, Inc | 4 |
13
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,144 | Nara Bancorp, Inc | $ | 6 | ||||
206 | NASB Financial, Inc | 6 | |||||
382 | National Bankshares, Inc | 9 | |||||
4,881 | National Penn Bancshares, Inc | 23 | |||||
2,152 | NBT Bancorp, Inc | 47 | |||||
2,399 | * | Net 1 UEPS Technologies, Inc | 33 | ||||
19,260 | New York Community Bancorp, Inc | 206 | |||||
6,972 | NewAlliance Bancshares, Inc | 80 | |||||
13,719 | Northern Trust Corp | 736 | |||||
1,192 | Northfield Bancorp, Inc | 14 | |||||
349 | Northrim BanCorp, Inc | 5 | |||||
1,341 | Northwest Bancorp, Inc | 25 | |||||
508 | OceanFirst Financial Corp | 6 | |||||
228 | Ohio Valley Banc Corp | 7 | |||||
3,801 | Old National Bancorp | 37 | |||||
799 | Old Second Bancorp, Inc | 5 | |||||
1,295 | Oriental Financial Group, Inc | 13 | |||||
713 | * | Oritani Financial Corp | 10 | ||||
287 | Orrstown Financial Services, Inc | 11 | |||||
2,744 | Pacific Capital Bancorp | 6 | |||||
611 | Pacific Continental Corp | 7 | |||||
1,486 | PacWest Bancorp | 20 | |||||
688 | Park National Corp | 39 | |||||
499 | Peapack Gladstone Financial Corp | 10 | |||||
221 | Penns Woods Bancorp, Inc | 6 | |||||
259 | * | Pennsylvania Commerce Bancorp, Inc | 5 | ||||
595 | Peoples Bancorp, Inc | 10 | |||||
159 | * | Peoples Financial Corp | 3 | ||||
19,823 | People’s United Financial, Inc | 298 | |||||
1,254 | * | Pinnacle Financial Partners, Inc | 17 | ||||
26,228 | PNC Financial Services Group, Inc | 1,018 | |||||
14,865 | Popular, Inc | 33 | |||||
861 | Premierwest Bancorp | 3 | |||||
1,858 | PrivateBancorp, Inc | 41 | |||||
2,398 | Prosperity Bancshares, Inc | 72 | |||||
3,936 | Provident Financial Services, Inc | 36 | |||||
2,753 | Provident New York Bancorp | 22 | |||||
65,194 | Regions Financial Corp | 263 | |||||
1,026 | Renasant Corp | 15 | |||||
612 | Republic Bancorp, Inc (Class A) | 14 | |||||
598 | Rockville Financial, Inc | 7 | |||||
629 | Roma Financial Corp | 8 | |||||
1,211 | S&T Bancorp, Inc | 15 | |||||
846 | S.Y. Bancorp, Inc | 20 | |||||
1,000 | Sandy Spring Bancorp, Inc | 15 | |||||
357 | * | Santander BanCorp | 2 | ||||
605 | SCBT Financial Corp | 14 | |||||
514 | Shore Bancshares, Inc | 9 | |||||
370 | Sierra Bancorp | 5 | |||||
1,893 | * | Signature Bank | 51 | ||||
1,066 | Simmons First National Corp (Class A) | 28 | |||||
581 | Smithtown Bancorp, Inc | 7 | |||||
3,737 | South Financial Group, Inc | 4 | |||||
794 | Southside Bancshares, Inc | 18 | |||||
740 | Southwest Bancorp, Inc | 7 | |||||
856 | State Bancorp, Inc | 6 | |||||
28,176 | State Street Corp | 1,330 | |||||
1,347 | StellarOne Corp | 17 | |||||
1,199 | Sterling Bancorp | 10 | |||||
4,189 | Sterling Bancshares, Inc | 27 | |||||
3,133 | Sterling Financial Corp | 9 | |||||
701 | Suffolk Bancorp | 18 | |||||
643 | * | Sun Bancorp, Inc | 3 | ||||
19,545 | SunTrust Banks, Inc | 322 | |||||
4,965 | Susquehanna Bancshares, Inc | 24 | |||||
1,802 | * | SVB Financial Group | 49 | ||||
15,543 | Synovus Financial Corp | 46 | |||||
6,992 | TCF Financial Corp | 93 |
14
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,877 | * | Texas Capital Bancshares, Inc | $ | 29 | |||
4,491 | TFS Financial Corp | 48 | |||||
596 | * | The Bancorp, Inc | 4 | ||||
390 | Tompkins Trustco, Inc | 19 | |||||
192 | Tower Bancorp, Inc | 7 | |||||
1,219 | TowneBank | 17 | |||||
726 | Trico Bancshares | 11 | |||||
5,202 | Trustco Bank Corp NY | 31 | |||||
2,902 | Trustmark Corp | 56 | |||||
6,278 | UCBH Holdings, Inc | 8 | |||||
1,859 | UMB Financial Corp | 71 | |||||
3,609 | Umpqua Holdings Corp | 28 | |||||
814 | Union Bankshares Corp | 12 | |||||
2,414 | United Bankshares, Inc | 47 | |||||
2,193 | United Community Banks, Inc | 13 | |||||
1,056 | United Financial Bancorp, Inc | 15 | |||||
354 | United Security Bancshares | 8 | |||||
792 | Univest Corp of Pennsylvania | 16 | |||||
108,657 | US Bancorp | 1,947 | |||||
8,225 | Valley National Bancorp | 96 | |||||
690 | ViewPoint Financial Group | 11 | |||||
408 | Washington Banking Co | 4 | |||||
5,275 | Washington Federal, Inc | 69 | |||||
881 | Washington Trust Bancorp, Inc | 16 | |||||
681 | * | Waterstone Financial, Inc | 2 | ||||
3,232 | Webster Financial Corp | 26 | |||||
272,025 | Wells Fargo & Co | 6,599 | |||||
1,534 | WesBanco, Inc | 22 | |||||
997 | West Bancorporation, Inc | 5 | |||||
1,616 | Westamerica Bancorporation | 80 | |||||
2,587 | * | Western Alliance Bancorp | 18 | ||||
39,875 | Western Union Co | 654 | |||||
1,313 | Westfield Financial, Inc | 12 | |||||
4,160 | Whitney Holding Corp | 38 | |||||
4,204 | Wilmington Trust Corp | 57 | |||||
980 | Wilshire Bancorp, Inc | 6 | |||||
1,580 | Wintrust Financial Corp | 25 | |||||
320 | WSFS Financial Corp | 9 | |||||
709 | Yadkin Valley Financial Corp | 5 | |||||
6,274 | Zions Bancorporation | 73 | |||||
TOTAL DEPOSITORY INSTITUTIONS | 36,534 | ||||||
EATING AND DRINKING PLACES - 1.19% | |||||||
1,322 | * | AFC Enterprises | 9 | ||||
536 | * | Benihana, Inc | 3 | ||||
896 | * | BJ’s Restaurants, Inc | 15 | ||||
1,700 | Bob Evans Farms, Inc | 49 | |||||
5,750 | Brinker International, Inc | 98 | |||||
937 | * | Buffalo Wild Wings, Inc | 30 | ||||
5,442 | Burger King Holdings, Inc | 94 | |||||
1,465 | * | California Pizza Kitchen, Inc | 19 | ||||
1,126 | CBRL Group, Inc | 31 | |||||
1,296 | * | CEC Entertainment, Inc | 38 | ||||
3,164 | * | Cheesecake Factory | 55 | ||||
1,898 | * | Chipotle Mexican Grill, Inc (Class A) | 152 | ||||
3,114 | CKE Restaurants, Inc | 26 | |||||
7,745 | Darden Restaurants, Inc | 255 | |||||
6,036 | * | Denny’s Corp | 13 | ||||
1,061 | DineEquity, Inc | 33 | |||||
2,437 | * | Domino’s Pizza, Inc | 18 | ||||
3,441 | * | Jack in the Box, Inc | 77 | ||||
3,561 | * | Krispy Kreme Doughnuts, Inc | 11 | ||||
714 | * | Landry’s Restaurants, Inc | 6 | ||||
604 | * | Luby’s, Inc | 2 | ||||
812 | * | McCormick & Schmick’s Seafood Restaurants, Inc | 6 | ||||
63,300 | McDonald’s Corp | 3,640 | |||||
1,279 | O’Charleys, Inc | 12 | |||||
1,438 | * | Papa John’s International, Inc | 36 |
15
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,531 | * | PF Chang’s China Bistro, Inc | $ | 49 | |||
957 | * | Red Robin Gourmet Burgers, Inc | 18 | ||||
3,070 | * | Ruby Tuesday, Inc | 20 | ||||
800 | * | Ruth’s Chris Steak House, Inc | 3 | ||||
3,411 | * | Sonic Corp | 34 | ||||
41,458 | * | Starbucks Corp | 577 | ||||
1,689 | * | Steak N Shake Co | 15 | ||||
3,228 | * | Texas Roadhouse, Inc (Class A) | 35 | ||||
10,169 | Tim Hortons, Inc | 250 | |||||
21,547 | Wendy’s/Arby’s Group, Inc (Class A) | 86 | |||||
26,692 | Yum! Brands, Inc | 891 | |||||
TOTAL EATING AND DRINKING PLACES | 6,706 | ||||||
EDUCATIONAL SERVICES - 0.25% | |||||||
960 | * | American Public Education, Inc | 38 | ||||
7,494 | * | Apollo Group, Inc (Class A) | 533 | ||||
598 | * | Bridgepoint Education, Inc | 10 | ||||
4,345 | * | Career Education Corp | 108 | ||||
1,613 | * | ChinaCast Education Corp | 11 | ||||
4,367 | * | Corinthian Colleges, Inc | 74 | ||||
3,674 | DeVry, Inc | 184 | |||||
752 | * | Grand Canyon Education, Inc | 13 | ||||
2,154 | * | ITT Educational Services, Inc | 216 | ||||
1,265 | * | K12, Inc | 27 | ||||
522 | * | Learning Tree International, Inc | 5 | ||||
425 | * | Lincoln Educational Services Corp | 9 | ||||
705 | * | Princeton Review, Inc | 4 | ||||
774 | Strayer Education, Inc | 169 | |||||
1,448 | * | Universal Technical Institute, Inc | 22 | ||||
TOTAL EDUCATIONAL SERVICES | 1,423 | ||||||
ELECTRIC, GAS, AND SANITARY SERVICES - 4.71% | |||||||
39,349 | * | AES Corp | 457 | ||||
4,012 | AGL Resources, Inc | 128 | |||||
10,136 | Allegheny Energy, Inc | 260 | |||||
1,693 | Allete, Inc | 49 | |||||
6,598 | Alliant Energy Corp | 172 | |||||
12,327 | Ameren Corp | 307 | |||||
928 | American Ecology Corp | 17 | |||||
26,983 | American Electric Power Co, Inc | 780 | |||||
1,100 | American States Water Co | 38 | |||||
3,788 | American Water Works Co, Inc | 72 | |||||
7,367 | Aqua America, Inc | 132 | |||||
366 | Artesian Resources Corp | 6 | |||||
5,341 | Atmos Energy Corp | 134 | |||||
3,100 | Avista Corp | 55 | |||||
2,253 | Black Hills Corp | 52 | |||||
1,013 | California Water Service Group | 37 | |||||
19,809 | * | Calpine Corp | 221 | ||||
19,246 | Centerpoint Energy, Inc | 213 | |||||
616 | Central Vermont Public Service Corp | 11 | |||||
1,063 | CH Energy Group, Inc | 50 | |||||
402 | Chesapeake Utilities Corp | 13 | |||||
1,645 | * | Clean Energy Fuels Corp | 14 | ||||
1,182 | * | Clean Harbors, Inc | 64 | ||||
3,305 | Cleco Corp | 74 | |||||
13,685 | CMS Energy Corp | 165 | |||||
518 | Connecticut Water Service, Inc | 11 | |||||
15,554 | Consolidated Edison, Inc | 582 | |||||
892 | Consolidated Water Co, Inc | 14 | |||||
11,138 | Constellation Energy Group, Inc | 296 | |||||
7,381 | * | Covanta Holding Corp | 125 | ||||
2,304 | Crosstex Energy, Inc | 10 | |||||
33,508 | Dominion Resources, Inc | 1,121 | |||||
6,360 | DPL, Inc | 147 | |||||
9,170 | DTE Energy Co | 293 | |||||
73,145 | Duke Energy Corp | 1,067 |
16
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
29,653 | * | Dynegy, Inc (Class A) | $ | 67 | |||
18,721 | Edison International | 589 | |||||
40,535 | El Paso Corp | 374 | |||||
2,788 | * | El Paso Electric Co | 39 | ||||
1,913 | Empire District Electric Co | 32 | |||||
4,365 | Energen Corp | 174 | |||||
4,206 | EnergySolutions, Inc | 39 | |||||
670 | * | EnerNOC, Inc | 15 | ||||
11,148 | Entergy Corp | 864 | |||||
37,634 | Exelon Corp | 1,928 | |||||
17,224 | FirstEnergy Corp | 667 | |||||
368 | Florida Public Utilities Co | 5 | |||||
23,454 | FPL Group, Inc | 1,335 | |||||
7,294 | Great Plains Energy, Inc | 113 | |||||
5,035 | Hawaiian Electric Industries, Inc | 96 | |||||
2,540 | Idacorp, Inc | 66 | |||||
4,488 | Integrys Energy Group, Inc | 135 | |||||
2,892 | ITC Holdings Corp | 131 | |||||
1,400 | Laclede Group, Inc | 46 | |||||
10,015 | MDU Resources Group, Inc | 190 | |||||
1,200 | MGE Energy, Inc | 40 | |||||
813 | Middlesex Water Co | 12 | |||||
8,836 | * | Mirant Corp | 139 | ||||
4,548 | National Fuel Gas Co | 164 | |||||
2,248 | New Jersey Resources Corp | 83 | |||||
2,750 | Nicor, Inc | 95 | |||||
14,876 | NiSource, Inc | 173 | |||||
9,705 | Northeast Utilities | 217 | |||||
1,384 | Northwest Natural Gas Co | 61 | |||||
2,408 | NorthWestern Corp | 55 | |||||
15,125 | * | NRG Energy, Inc | 393 | ||||
5,898 | NSTAR | 189 | |||||
13,561 | NV Energy, Inc | 146 | |||||
5,507 | OGE Energy Corp | 156 | |||||
6,202 | Oneok, Inc | 183 | |||||
1,079 | Ormat Technologies, Inc | 43 | |||||
1,956 | Otter Tail Corp | 43 | |||||
248 | Pennichuck Corp | 6 | |||||
11,870 | Pepco Holdings, Inc | 160 | |||||
2,981 | * | Perma-Fix Environmental Services | 7 | ||||
20,926 | PG&E Corp | 804 | |||||
975 | * | Pico Holdings, Inc | 28 | ||||
4,192 | Piedmont Natural Gas Co, Inc | 101 | |||||
1,025 | * | Pike Electric Corp | 12 | ||||
5,639 | Pinnacle West Capital Corp | 170 | |||||
4,367 | PNM Resources, Inc | 47 | |||||
3,954 | Portland General Electric Co | 77 | |||||
21,619 | PPL Corp | 713 | |||||
15,971 | Progress Energy, Inc | 604 | |||||
5,000 | *,m | Progress Energy, Inc (CVO) | 1 | ||||
28,776 | Public Service Enterprise Group, Inc | 939 | |||||
10,249 | Questar Corp | 318 | |||||
20,883 | * | Reliant Energy, Inc | 105 | ||||
18,454 | Republic Services, Inc | 450 | |||||
1,126 | Resource America, Inc (Class A) | 6 | |||||
6,675 | SCANA Corp | 217 | |||||
14,345 | Sempra Energy | 712 | |||||
1,020 | SJW Corp | 23 | |||||
1,559 | South Jersey Industries, Inc | 54 | |||||
44,604 | Southern Co | 1,391 | |||||
6,440 | Southern Union Co | 118 | |||||
2,572 | Southwest Gas Corp | 57 | |||||
1,025 | Southwest Water Co | 6 | |||||
4,708 | * | Stericycle, Inc | 243 | ||||
12,829 | TECO Energy, Inc | 153 | |||||
6,491 | UGI Corp | 165 | |||||
1,633 | UIL Holdings Corp | 37 | |||||
2,373 | Unisource Energy Corp | 63 |
17
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
597 | * | Unitil Corp | $ | 12 | |||
4,559 | Vectren Corp | 107 | |||||
4,252 | * | Waste Connections, Inc | 110 | ||||
28,341 | Waste Management, Inc | 797 | |||||
1,458 | * | Waste Services, Inc | 8 | ||||
5,819 | Westar Energy, Inc | 109 | |||||
2,570 | WGL Holdings, Inc | 82 | |||||
33,574 | Williams Cos, Inc | 524 | |||||
6,514 | Wisconsin Energy Corp | 265 | |||||
25,637 | Xcel Energy, Inc | 472 | |||||
672 | York Water Co | 11 | |||||
TOTAL ELECTRIC, GAS, AND SANITARY SERVICES | 26,568 | ||||||
ELECTRONIC AND OTHER ELECTRIC EQUIPMENT - 8.16% | |||||||
2,080 | * | Acme Packet, Inc | 21 | ||||
1,556 | * | Actel Corp | 17 | ||||
2,435 | Acuity Brands, Inc | 68 | |||||
7,209 | * | Adaptec, Inc | 19 | ||||
5,670 | * | ADC Telecommunications, Inc | 46 | ||||
2,343 | * | Advanced Analogic Technologies, Inc | 11 | ||||
2,485 | * | Advanced Battery Technologies, Inc | 10 | ||||
2,251 | * | Advanced Energy Industries, Inc | 20 | ||||
32,857 | * | Advanced Micro Devices, Inc | 127 | ||||
937 | * | Airvana, Inc | 6 | ||||
16,906 | Altera Corp | 275 | |||||
2,495 | * | American Superconductor Corp | 65 | ||||
6,297 | Ametek, Inc | 218 | |||||
6,298 | * | Amkor Technology, Inc | 30 | ||||
9,591 | Amphenol Corp (Class A) | 303 | |||||
3,097 | * | Anadigics, Inc | 13 | ||||
16,468 | Analog Devices, Inc | 408 | |||||
51,009 | * | Apple Computer, Inc | 7,264 | ||||
4,253 | * | Applied Micro Circuits Corp | 35 | ||||
760 | Applied Signal Technology, Inc | 19 | |||||
7,420 | * | Arris Group, Inc | 90 | ||||
886 | * | Ascent Solar Technologies, Inc | 7 | ||||
3,325 | * | Atheros Communications, Inc | 64 | ||||
26,699 | * | Atmel Corp | 100 | ||||
1,909 | * | ATMI, Inc | 30 | ||||
8,620 | * | Avnet, Inc | 181 | ||||
1,723 | AVX Corp | 17 | |||||
723 | * | AZZ, Inc | 25 | ||||
2,797 | Baldor Electric Co | 67 | |||||
674 | Bel Fuse, Inc (Class B) | 11 | |||||
3,978 | * | Benchmark Electronics, Inc | 57 | ||||
1,630 | * | BigBand Networks, Inc | 8 | ||||
28,234 | * | Broadcom Corp (Class A) | 699 | ||||
1,663 | * | Ceradyne, Inc | 29 | ||||
1,230 | * | Ceva, Inc | 11 | ||||
2,350 | * | Checkpoint Systems, Inc | 37 | ||||
2,154 | * | China BAK Battery, Inc | 6 | ||||
1,638 | * | China Security & Surveillance Technology, Inc | 12 | ||||
5,374 | * | Ciena Corp | 56 | ||||
330,318 | * | Cisco Systems, Inc | 6,156 | ||||
1,497 | * | Comtech Telecommunications Corp | 48 | ||||
9,673 | Cooper Industries Ltd (Class A) | 300 | |||||
457 | * | CPI International, Inc | 4 | ||||
5,056 | * | Cree, Inc | 149 | ||||
2,100 | CTS Corp | 14 | |||||
992 | Cubic Corp | 36 | |||||
8,640 | * | Cypress Semiconductor Corp | 79 | ||||
1,921 | * | Diodes, Inc | 30 | ||||
3,020 | * | Dolby Laboratories, Inc (Class A) | 113 | ||||
1,909 | * | DSP Group, Inc | 13 | ||||
1,127 | * | DTS, Inc | 31 | ||||
9,543 | Eaton Corp | 426 | |||||
2,451 | * | EchoStar Corp (Class A) | 39 | ||||
2,000 | * | Electro Scientific Industries, Inc | 22 |
18
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
4,389 | * | EMCORE Corp | $ | 6 | |||
956 | * | EMS Technologies, Inc | 20 | ||||
3,819 | * | Energizer Holdings, Inc | 200 | ||||
2,523 | * | Energy Conversion Devices, Inc | 36 | ||||
2,135 | * | EnerSys | 39 | ||||
3,090 | * | Entropic Communications, Inc | 7 | ||||
10,461 | * | Evergreen Solar, Inc | 23 | ||||
2,444 | * | Exar Corp | 18 | ||||
3,055 | * | Exide Technologies | 11 | ||||
7,399 | * | Fairchild Semiconductor International, Inc | 52 | ||||
2,938 | * | First Solar, Inc | 475 | ||||
1,238 | Franklin Electric Co, Inc | 32 | |||||
4,152 | * | FuelCell Energy, Inc | 17 | ||||
604,867 | General Electric Co | 7,088 | |||||
1,197 | * | Globecomm Systems, Inc | 9 | ||||
645 | * | GP Strategies Corp | 4 | ||||
6,608 | * | GrafTech International Ltd | 75 | ||||
1,507 | * | Greatbatch, Inc | 34 | ||||
1,470 | * | GT Solar International, Inc | 8 | ||||
3,385 | Harman International Industries, Inc | 64 | |||||
5,636 | * | Harmonic, Inc | 33 | ||||
7,319 | Harris Corp | 208 | |||||
3,340 | * | Harris Stratex Networks, Inc (Class A) | 22 | ||||
1,865 | * | Helen of Troy Ltd | 31 | ||||
5,810 | * | Hexcel Corp | 55 | ||||
1,175 | * | Hittite Microwave Corp | 41 | ||||
1,976 | Imation Corp | 15 | |||||
5,270 | * | Infinera Corp | 48 | ||||
10,127 | * | Integrated Device Technology, Inc | 61 | ||||
319,958 | Intel Corp | 5,294 | |||||
1,184 | * | Intellon Corp | 5 | ||||
2,769 | * | InterDigital, Inc | 68 | ||||
4,231 | * | International Rectifier Corp | 63 | ||||
7,280 | Intersil Corp (Class A) | 92 | |||||
1,143 | * | IPG Photonics Corp | 13 | ||||
950 | * | iRobot Corp | 12 | ||||
1,636 | IXYS Corp | 17 | |||||
12,458 | * | JDS Uniphase Corp | 71 | ||||
6,794 | L-3 Communications Holdings, Inc | 471 | |||||
7,863 | * | Lattice Semiconductor Corp | 15 | ||||
2,443 | Lincoln Electric Holdings, Inc | 88 | |||||
12,418 | Linear Technology Corp | 290 | |||||
1,487 | * | Littelfuse, Inc | 30 | ||||
732 | * | Loral Space & Communications, Inc | 19 | ||||
1,293 | LSI Industries, Inc | 7 | |||||
37,862 | * | LSI Logic Corp | 173 | ||||
29,029 | * | Marvell Technology Group Ltd | 338 | ||||
16,530 | Maxim Integrated Products, Inc | 259 | |||||
1,111 | * | Maxwell Technologies, Inc | 15 | ||||
12,950 | * | MEMC Electronic Materials, Inc | 231 | ||||
1,540 | * | Mercury Computer Systems, Inc | 14 | ||||
2,500 | Methode Electronics, Inc | 18 | |||||
2,455 | Micrel, Inc | 18 | |||||
10,147 | Microchip Technology, Inc | 229 | |||||
49,008 | * | Micron Technology, Inc | 248 | ||||
4,543 | * | Microsemi Corp | 63 | ||||
4,100 | * | Microtune, Inc | 10 | ||||
3,290 | * | Microvision, Inc | 10 | ||||
2,847 | * | MIPS Technologies, Inc | 9 | ||||
7,107 | Molex, Inc | 111 | |||||
1,783 | * | Monolithic Power Systems, Inc | 40 | ||||
2,537 | * | Moog, Inc (Class A) | 65 | ||||
131,651 | Motorola, Inc | 872 | |||||
555 | * | Multi-Fineline Electronix, Inc | 12 | ||||
300 | National Presto Industries, Inc | 23 | |||||
12,709 | National Semiconductor Corp | 159 | |||||
18,964 | * | NetApp, Inc | 374 | ||||
1,013 | * | Netlogic Microsystems, Inc | 37 | ||||
5,791 | * | Novellus Systems, Inc | 97 |
19
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
265 | * | NVE Corp | $ | 13 | |||
30,605 | * | Nvidia Corp | 346 | ||||
3,117 | * | Omnivision Technologies, Inc | 32 | ||||
23,461 | * | ON Semiconductor Corp | 161 | ||||
4,315 | * | Openwave Systems, Inc | 10 | ||||
1,210 | * | Oplink Communications, Inc | 14 | ||||
1,144 | * | OpNext, Inc | 2 | ||||
869 | * | OSI Systems, Inc | 18 | ||||
1,250 | Park Electrochemical Corp | 27 | |||||
1,392 | * | Parkervision, Inc | 4 | ||||
1,447 | * | Pericom Semiconductor Corp | 12 | ||||
2,260 | * | Photronics, Inc | 9 | ||||
2,609 | Plantronics, Inc | 49 | |||||
2,396 | * | Plexus Corp | 49 | ||||
1,628 | * | PLX Technology, Inc | 6 | ||||
13,086 | * | PMC - Sierra, Inc | 104 | ||||
4,967 | * | Polycom, Inc | 101 | ||||
1,248 | * | Polypore International, Inc | 14 | ||||
458 | * | Powell Industries, Inc | 17 | ||||
1,592 | Power Integrations, Inc | 38 | |||||
4,438 | * | Power-One, Inc | 7 | ||||
7,309 | * | Powerwave Technologies, Inc | 12 | ||||
7,070 | * | QLogic Corp | 90 | ||||
94,391 | Qualcomm, Inc | 4,265 | |||||
6,183 | * | Rambus, Inc | 96 | ||||
1,083 | Raven Industries, Inc | 28 | |||||
1,983 | Regal-Beloit Corp | 79 | |||||
14,875 | * | RF Micro Devices, Inc | 56 | ||||
1,014 | * | Rogers Corp | 21 | ||||
782 | * | Rubicon Technology, Inc | 11 | ||||
2,893 | * | SatCon Technology Corp | 5 | ||||
1,867 | * | Seachange International, Inc | 15 | ||||
2,712 | * | Semtech Corp | 43 | ||||
2,605 | * | ShoreTel, Inc | 21 | ||||
5,145 | * | Silicon Image, Inc | 12 | ||||
2,335 | * | Silicon Laboratories, Inc | 89 | ||||
5,900 | * | Silicon Storage Technology, Inc | 11 | ||||
9,838 | * | Skyworks Solutions, Inc | 96 | ||||
3,071 | * | Smart Modular Technologies WWH, Inc | 7 | ||||
663 | * | Spectrum Control, Inc | 6 | ||||
1,279 | * | Standard Microsystems Corp | 26 | ||||
2,209 | * | Starent Networks Corp | 54 | ||||
898 | * | Stoneridge, Inc | 4 | ||||
5,467 | * | Sunpower Corp (Class A) | 146 | ||||
745 | * | Supertex, Inc | 19 | ||||
12,134 | * | Sycamore Networks, Inc | 38 | ||||
2,907 | * | Symmetricom, Inc | 17 | ||||
1,922 | * | Synaptics, Inc | 74 | ||||
2,804 | Technitrol, Inc | 18 | |||||
913 | * | Techwell, Inc | 8 | ||||
3,400 | * | Tekelec | 57 | ||||
2,403 | Teleflex, Inc | 108 | |||||
23,240 | * | Tellabs, Inc | 133 | ||||
2,908 | * | Tessera Technologies, Inc | 74 | ||||
73,195 | Texas Instruments, Inc | 1,558 | |||||
2,807 | * | Thomas & Betts Corp | 81 | ||||
3,408 | * | Trident Microsystems, Inc | 6 | ||||
8,683 | * | Triquint Semiconductor, Inc | 46 | ||||
2,833 | * | TTM Technologies, Inc | 23 | ||||
755 | * | Ultralife Corp | 5 | ||||
1,466 | * | Universal Display Corp | 14 | ||||
932 | * | Universal Electronics, Inc | 19 | ||||
3,575 | * | US Geothermal, Inc | 5 | ||||
7,742 | * | Utstarcom, Inc | 13 | ||||
3,056 | * | Valence Technology, Inc | 5 | ||||
4,336 | * | Varian Semiconductor Equipment Associates, Inc | 104 | ||||
1,399 | * | Viasat, Inc | 36 | ||||
1,471 | Vicor Corp | 11 |
20
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
705 | * | Virage Logic Corp | $ | 3 | |||
10,877 | * | Vishay Intertechnology, Inc | 74 | ||||
1,235 | * | Volterra Semiconductor Corp | 16 | ||||
4,143 | Whirlpool Corp | 176 | |||||
720 | * | White Electronic Designs Corp | 3 | ||||
15,723 | Xilinx, Inc | 322 | |||||
3,311 | * | Zix Corp | 5 | ||||
1,635 | * | Zoltek Cos, Inc | 16 | ||||
3,150 | * | Zoran Corp | 34 | ||||
TOTAL ELECTRONIC AND OTHER ELECTRIC EQUIPMENT | 46,001 | ||||||
ENGINEERING AND MANAGEMENT SERVICES - 0.99% | |||||||
997 | * | Accelrys, Inc | 6 | ||||
34,670 | Accenture Ltd (Class A) | 1,160 | |||||
1,025 | * | Advisory Board Co | 26 | ||||
5,591 | * | Aecom Technology Corp | 179 | ||||
609 | * | Affymax, Inc | 11 | ||||
8,040 | * | Amylin Pharmaceuticals, Inc | 108 | ||||
4,682 | * | Ariad Pharmaceuticals, Inc | 7 | ||||
900 | CDI Corp | 10 | |||||
4,841 | * | Celera Corp | 37 | ||||
1,080 | * | comScore, Inc | 14 | ||||
758 | * | Cornell Cos, Inc | 12 | ||||
2,117 | Corporate Executive Board Co | 44 | |||||
717 | * | CRA International, Inc | 20 | ||||
1,108 | Diamond Management & Technology Consultants, Inc | 5 | |||||
3,370 | * | Dyax Corp | 7 | ||||
2,888 | * | eResearch Technology, Inc | 18 | ||||
5,381 | * | Exelixis, Inc | 26 | ||||
1,066 | * | Exponent, Inc | 26 | ||||
10,189 | Fluor Corp | 523 | |||||
691 | * | Franklin Covey Co | 4 | ||||
2,145 | * | Furmanite Corp | 10 | ||||
3,642 | * | Genpact Ltd | 43 | ||||
3,105 | * | Gen-Probe, Inc | 133 | ||||
4,985 | * | Hewitt Associates, Inc (Class A) | 148 | ||||
1,422 | * | Hill International, Inc | 6 | ||||
1,154 | * | Huron Consulting Group, Inc | 53 | ||||
449 | * | ICF International, Inc | 12 | ||||
4,807 | * | Incyte Corp | 16 | ||||
1,026 | * | Infinity Pharmaceuticals, Inc | 6 | ||||
7,095 | * | Insmed, Inc | 7 | ||||
5,385 | * | Isis Pharmaceuticals, Inc | 89 | ||||
6,928 | * | Jacobs Engineering Group, Inc | 292 | ||||
8,930 | KBR, Inc | 165 | |||||
798 | * | Kendle International, Inc | 10 | ||||
584 | Landauer, Inc | 36 | |||||
5,020 | * | Lexicon Pharmaceuticals, Inc | 6 | ||||
2,138 | * | Luminex Corp | 40 | ||||
799 | MAXIMUS, Inc | 33 | |||||
1,801 | * | Maxygen, Inc | 12 | ||||
13,294 | * | McDermott International, Inc | 270 | ||||
445 | * | Michael Baker Corp | 19 | ||||
5,380 | * | Myriad Genetics, Inc | 192 | ||||
2,873 | * | Navigant Consulting, Inc | 37 | ||||
1,729 | * | Omnicell, Inc | 19 | ||||
18,418 | Paychex, Inc | 464 | |||||
3,815 | * | Regeneron Pharmaceuticals, Inc | 68 | ||||
1,803 | * | Repligen Corp | 10 | ||||
2,863 | * | Resources Connection, Inc | 49 | ||||
2,187 | * | Rigel Pharmaceuticals, Inc | 27 | ||||
3,216 | * | RTI Biologics, Inc | 14 | ||||
11,155 | * | SAIC, Inc | 207 | ||||
2,157 | * | Sangamo Biosciences, Inc | 11 | ||||
3,562 | * | Savient Pharmaceuticals, Inc | 49 | ||||
3,875 | * | Seattle Genetics, Inc | 38 | ||||
2,710 | * | Sequenom, Inc | 11 | ||||
4,915 | * | Shaw Group, Inc | 135 |
21
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
571 | * | Stanley, Inc | $ | 19 | |||
1,956 | * | Symyx Technologies, Inc | 11 | ||||
692 | * | Tejon Ranch Co | 18 | ||||
3,591 | * | Tetra Tech, Inc | 103 | ||||
360 | * | Transcend Services, Inc | 6 | ||||
4,873 | * | URS Corp | 241 | ||||
5,034 | * | VCA Antech, Inc | 134 | ||||
205 | VSE Corp | 5 | |||||
2,310 | Watson Wyatt & Co Holdings (Class A) | 87 | |||||
TOTAL ENGINEERING AND MANAGEMENT SERVICES | 5,604 | ||||||
FABRICATED METAL PRODUCTS - 0.57% | |||||||
1,788 | * | Alliant Techsystems, Inc | 147 | ||||
532 | Ameron International Corp | 36 | |||||
3,998 | Aptargroup, Inc | 135 | |||||
5,268 | Ball Corp | 237 | |||||
377 | * | Bway Holding Co | 7 | ||||
1,700 | * | Chart Industries, Inc | 31 | ||||
1,064 | CIRCOR International, Inc | 25 | |||||
6,611 | Commercial Metals Co | 106 | |||||
2,957 | Crane Co | 66 | |||||
9,365 | * | Crown Holdings, Inc | 226 | ||||
757 | Dynamic Materials Corp | 15 | |||||
2,853 | * | Griffon Corp | 24 | ||||
727 | Gulf Island Fabrication, Inc | 12 | |||||
267 | * | Hawk Corp | 4 | ||||
25,840 | Illinois Tool Works, Inc | 964 | |||||
916 | Insteel Industries, Inc | 8 | |||||
904 | * | Ladish Co, Inc | 12 | ||||
2,280 | * | Mobile Mini, Inc | 33 | ||||
6,723 | Mueller Water Products, Inc (Class A) | 25 | |||||
1,321 | * | NCI Building Systems, Inc | 3 | ||||
708 | * | North American Galvanizing & Coating, Inc | 4 | ||||
9,262 | Parker Hannifin Corp | 397 | |||||
5,113 | Pentair, Inc | 131 | |||||
2,169 | Quanex Building Products Corp | 24 | |||||
1,422 | Silgan Holdings, Inc | 70 | |||||
2,152 | Simpson Manufacturing Co, Inc | 47 | |||||
2,979 | * | Smith & Wesson Holding Corp | 17 | ||||
3,374 | Snap-On, Inc | 97 | |||||
4,479 | Stanley Works | 152 | |||||
957 | Sturm Ruger & Co, Inc | 12 | |||||
685 | Sun Hydraulics Corp | 11 | |||||
3,948 | * | Taser International, Inc | 18 | ||||
809 | * | Trimas Corp | 3 | ||||
1,173 | Valmont Industries, Inc | 85 | |||||
1,666 | Watts Water Technologies, Inc (Class A) | 36 | |||||
TOTAL FABRICATED METAL PRODUCTS | 3,220 | ||||||
FISHING, HUNTING, AND TRAPPING - 0.00%** | |||||||
441 | * | HQ Sustainable Maritime Industries, Inc | 4 | ||||
TOTAL FISHING, HUNTING, AND TRAPPING | 4 | ||||||
FOOD AND KINDRED PRODUCTS - 4.03% | |||||||
1,200 | * | AgFeed Industries, Inc | 7 | ||||
500 | * | American Dairy, Inc | 20 | ||||
1,141 | * | American Italian Pasta Co | 33 | ||||
36,814 | Archer Daniels Midland Co | 986 | |||||
1,189 | B&G Foods, Inc (Class A) | 10 | |||||
700 | * | Boston Beer Co, Inc (Class A) | 21 | ||||
6,906 | Bunge Ltd | 416 | |||||
11,605 | Campbell Soup Co | 341 | |||||
3,882 | * | Central Garden and Pet Co (Class A) | 38 | ||||
263 | Coca-Cola Bottling Co Consolidated | 14 | |||||
132,719 | Coca-Cola Co | 6,369 | |||||
17,887 | Coca-Cola Enterprises, Inc | 298 |
22
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
25,800 | ConAgra Foods, Inc | $ | 492 | ||||
11,059 | * | Constellation Brands, Inc (Class A) | 140 | ||||
4,422 | Corn Products International, Inc | 118 | |||||
4,436 | * | Darling International, Inc | 29 | ||||
11,854 | Del Monte Foods Co | 111 | |||||
958 | Diamond Foods, Inc | 27 | |||||
14,744 | * | Dr Pepper Snapple Group, Inc | 312 | ||||
616 | Farmer Bros Co | 14 | |||||
4,071 | Flowers Foods, Inc | 89 | |||||
18,929 | General Mills, Inc | 1,060 | |||||
17,767 | H.J. Heinz Co | 634 | |||||
4,145 | * | Hansen Natural Corp | 128 | ||||
8,596 | Hershey Co | 309 | |||||
4,077 | Hormel Foods Corp | 141 | |||||
740 | Imperial Sugar Co | 9 | |||||
800 | J&J Snack Foods Corp | 29 | |||||
6,683 | J.M. Smucker Co | 325 | |||||
14,178 | Kellogg Co | 660 | |||||
83,780 | Kraft Foods, Inc (Class A) | 2,123 | |||||
975 | Lancaster Colony Corp | 43 | |||||
1,746 | Lance, Inc | 40 | |||||
686 | * | M&F Worldwide Corp | 14 | ||||
7,003 | McCormick & Co, Inc | 228 | |||||
2,000 | * | Mead Johnson Nutrition Co | 64 | ||||
7,100 | Molson Coors Brewing Co (Class B) | 301 | |||||
621 | * | National Beverage Corp | 7 | ||||
1,110 | * | Omega Protein Corp | 5 | ||||
924 | * | Overhill Farms, Inc | 5 | ||||
919 | * | Peet’s Coffee & Tea, Inc | 23 | ||||
7,832 | Pepsi Bottling Group, Inc | 265 | |||||
3,428 | PepsiAmericas, Inc | 92 | |||||
89,319 | PepsiCo, Inc | 4,909 | |||||
3,128 | * | Ralcorp Holdings, Inc | 191 | ||||
9,721 | Reynolds American, Inc | 376 | |||||
1,203 | Sanderson Farms, Inc | 54 | |||||
40,062 | Sara Lee Corp | 391 | |||||
365 | * | Seneca Foods Corp | 12 | ||||
3,778 | * | Smart Balance, Inc | 26 | ||||
6,686 | * | Smithfield Foods, Inc | 93 | ||||
1,120 | Tootsie Roll Industries, Inc | 25 | |||||
2,025 | * | TreeHouse Foods, Inc | 58 | ||||
16,683 | Tyson Foods, Inc (Class A) | 210 | |||||
TOTAL FOOD AND KINDRED PRODUCTS | 22,735 | ||||||
FOOD STORES - 0.33% | |||||||
97 | Arden Group, Inc (Class A) | 12 | |||||
2,122 | * | Great Atlantic & Pacific Tea Co, Inc | 9 | ||||
700 | Ingles Markets, Inc (Class A) | 11 | |||||
37,535 | Kroger Co | 829 | |||||
1,718 | * | Panera Bread Co (Class A) | 86 | ||||
1,414 | * | Pantry, Inc | 23 | ||||
2,557 | Ruddick Corp | 60 | |||||
24,417 | Safeway, Inc | 497 | |||||
12,857 | Supervalu, Inc | 166 | |||||
233 | * | Susser Holdings Corp | 3 | ||||
424 | Village Super Market (Class A) | 13 | |||||
611 | Weis Markets, Inc | 20 | |||||
6,335 | * | Whole Foods Market, Inc | 120 | ||||
3,211 | * | Winn-Dixie Stores, Inc | 40 | ||||
TOTAL FOOD STORES | 1,889 | ||||||
FORESTRY - 0.10% | |||||||
4,673 | Rayonier, Inc | 170 | |||||
12,050 | Weyerhaeuser Co | 367 | |||||
TOTAL FORESTRY | 537 | ||||||
23
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
FURNITURE AND FIXTURES - 0.13% | |||||||
478 | * | Astronics Corp | $ | 5 | |||
1,625 | Ethan Allen Interiors, Inc | 17 | |||||
2,907 | Furniture Brands International, Inc | 9 | |||||
3,277 | Herman Miller, Inc | 50 | |||||
3,482 | Hill-Rom Holdings, Inc | 56 | |||||
2,675 | HNI Corp | 48 | |||||
680 | Hooker Furniture Corp | 8 | |||||
1,737 | Kimball International, Inc (Class B) | 11 | |||||
3,360 | * | Kinetic Concepts, Inc | 92 | ||||
3,352 | La-Z-Boy, Inc | 16 | |||||
8,764 | Leggett & Platt, Inc | 133 | |||||
20,693 | Masco Corp | 198 | |||||
2,732 | * | Sealy Corp | 5 | ||||
411 | * | Stanley Furniture Co, Inc | 4 | ||||
3,734 | Steelcase, Inc (Class A) | 22 | |||||
4,232 | Tempur-Pedic International, Inc | 56 | |||||
TOTAL FURNITURE AND FIXTURES | 730 | ||||||
FURNITURE AND HOME FURNISHINGS STORES - 0.27% | |||||||
14,610 | * | Bed Bath & Beyond, Inc | 449 | ||||
19,297 | Best Buy Co, Inc | 647 | |||||
9,576 | * | GameStop Corp (Class A) | 211 | ||||
1,232 | Haverty Furniture Cos, Inc | 11 | |||||
750 | * | hhgregg, Inc | 11 | ||||
2,965 | Knoll, Inc | 22 | |||||
6,020 | * | Pier 1 Imports, Inc | 12 | ||||
6,874 | RadioShack Corp | 96 | |||||
303 | * | Rex Stores Corp | 3 | ||||
1,789 | * | Tuesday Morning Corp | 6 | ||||
5,558 | Williams-Sonoma, Inc | 66 | |||||
TOTAL FURNITURE AND HOME FURNISHINGS STORES | 1,534 | ||||||
GENERAL BUILDING CONTRACTORS - 0.20% | |||||||
115 | * | Amrep Corp | 1 | ||||
310 | * | Avatar Holdings, Inc | 6 | ||||
2,556 | * | Beazer Homes USA, Inc | 5 | ||||
485 | Brookfield Homes Corp | 2 | |||||
379 | * | Cavco Industries, Inc | 10 | ||||
7,355 | Centex Corp | 62 | |||||
16,198 | DR Horton, Inc | 152 | |||||
2,297 | * | Hovnanian Enterprises, Inc (Class A) | 5 | ||||
4,524 | KB Home | 62 | |||||
7,949 | Lennar Corp (Class A) | 77 | |||||
862 | * | M/I Homes, Inc | 8 | ||||
1,316 | McGrath RentCorp | 25 | |||||
2,061 | MDC Holdings, Inc | 62 | |||||
1,694 | * | Meritage Homes Corp | 32 | ||||
320 | * | NVR, Inc | 161 | ||||
1,588 | * | Perini Corp | 28 | ||||
11,880 | Pulte Homes, Inc | 105 | |||||
2,630 | Ryland Group, Inc | 44 | |||||
4,272 | * | Standard-Pacific Corp | 9 | ||||
1,110 | * | Team, Inc | 17 | ||||
7,726 | * | Toll Brothers, Inc | 131 | ||||
3,122 | Walter Industries, Inc | 114 | |||||
TOTAL GENERAL BUILDING CONTRACTORS | 1,118 | ||||||
GENERAL MERCHANDISE STORES - 1.99% | |||||||
2,874 | * | 99 Cents Only Stores | 39 | ||||
4,889 | * | Big Lots, Inc | 103 | ||||
3,347 | * | BJ’s Wholesale Club, Inc | 108 | ||||
2,565 | Casey’s General Stores, Inc | 66 | |||||
481 | * | Conn’s, Inc | 6 | ||||
24,943 | Costco Wholesale Corp | 1,140 | |||||
2,499 | Dillard’s, Inc (Class A) | 23 | |||||
7,722 | Family Dollar Stores, Inc | 219 |
24
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
2,625 | Fred’s, Inc (Class A) | $ | 33 | ||||
12,763 | JC Penney Co, Inc | 366 | |||||
23,606 | Macy’s, Inc | 278 | |||||
1,292 | * | Retail Ventures, Inc | 3 | ||||
7,006 | * | Saks, Inc | 31 | ||||
2,868 | * | Sears Holdings Corp | 191 | ||||
1,757 | * | Stein Mart, Inc | 16 | ||||
43,145 | Target Corp | 1,702 | |||||
23,804 | TJX Companies, Inc | 749 | |||||
126,647 | Wal-Mart Stores, Inc | 6,134 | |||||
TOTAL GENERAL MERCHANDISE STORES | 11,207 | ||||||
HEALTH SERVICES - 1.22% | |||||||
1,316 | * | Alliance Imaging, Inc | 10 | ||||
2,099 | * | Allied Healthcare International, Inc | 5 | ||||
380 | * | Almost Family, Inc | 10 | ||||
1,533 | * | Amedisys, Inc | 51 | ||||
425 | * | America Service Group, Inc | 7 | ||||
608 | * | American Dental Partners, Inc | 6 | ||||
17,815 | AmerisourceBergen Corp | 315 | |||||
1,528 | * | Amsurg Corp | 33 | ||||
742 | * | Assisted Living Concepts, Inc (A Shares) | 11 | ||||
621 | * | Bio-Reference Labs, Inc | 20 | ||||
2,436 | Brookdale Senior Living, Inc | 24 | |||||
584 | * | China Sky One Medical, Inc | 8 | ||||
5,483 | * | Community Health Systems, Inc | 138 | ||||
1,564 | * | Continucare Corp | 4 | ||||
617 | * | Corvel Corp | 14 | ||||
3,657 | * | Covance, Inc | 180 | ||||
8,377 | * | Coventry Health Care, Inc | 157 | ||||
2,234 | * | Cross Country Healthcare, Inc | 15 | ||||
1,413 | * | CryoLife, Inc | 8 | ||||
5,769 | * | DaVita, Inc | 285 | ||||
3,066 | * | Edwards Lifesciences Corp | 208 | ||||
1,474 | * | eHealth, Inc | 26 | ||||
1,185 | * | Emeritus Corp | 16 | ||||
517 | Ensign Group, Inc | 7 | |||||
1,864 | * | Enzo Biochem, Inc | 8 | ||||
14,103 | * | Express Scripts, Inc | 971 | ||||
810 | * | Genomic Health, Inc | 14 | ||||
920 | * | Genoptix, Inc | 29 | ||||
1,497 | * | Gentiva Health Services, Inc | 25 | ||||
1,399 | * | Health Grades, Inc | 5 | ||||
14,183 | * | Health Management Associates, Inc (Class A) | 70 | ||||
4,886 | * | Healthsouth Corp | 71 | ||||
2,153 | * | Healthways, Inc | 29 | ||||
3,543 | * | Immunomedics, Inc | 9 | ||||
904 | * | IPC The Hospitalist Co, Inc | 24 | ||||
1,974 | * | Kindred Healthcare, Inc | 24 | ||||
6,195 | * | Laboratory Corp of America Holdings | 420 | ||||
735 | * | LHC Group, Inc | 16 | ||||
529 | * | Life Sciences Research, Inc | 4 | ||||
3,256 | * | LifePoint Hospitals, Inc | 85 | ||||
4,139 | * | Lincare Holdings, Inc | 97 | ||||
1,896 | * | Magellan Health Services, Inc | 62 | ||||
15,663 | McKesson Corp | 689 | |||||
955 | * | Medcath Corp | 11 | ||||
27,831 | * | Medco Health Solutions, Inc | 1,270 | ||||
506 | National Healthcare Corp | 19 | |||||
5,807 | * | Nektar Therapeutics | 38 | ||||
1,311 | * | Nighthawk Radiology Holdings, Inc | 5 | ||||
1,196 | * | NovaMed, Inc | 5 | ||||
2,438 | * | Odyssey HealthCare, Inc | 25 | ||||
6,412 | Omnicare, Inc | 165 | |||||
2,737 | * | Pediatrix Medical Group, Inc | 114 | ||||
6,149 | Pharmaceutical Product Development, Inc | 143 | |||||
3,353 | * | Psychiatric Solutions, Inc | 76 | ||||
9,078 | Quest Diagnostics, Inc | 512 |
25
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,200 | * | RehabCare Group, Inc | $ | 29 | |||
1,374 | * | Skilled Healthcare Group, Inc (Class A) | 10 | ||||
2,651 | * | Sun Healthcare Group, Inc | 22 | ||||
2,773 | * | Sunrise Senior Living, Inc | 5 | ||||
28,196 | * | Tenet Healthcare Corp | 80 | ||||
2,659 | Universal Health Services, Inc (Class B) | 130 | |||||
701 | * | US Physical Therapy, Inc | 10 | ||||
TOTAL HEALTH SERVICES | 6,879 | ||||||
HEAVY CONSTRUCTION, EXCEPT BUILDING - 0.03% | |||||||
849 | * | Broadwind Energy, Inc | 10 | ||||
1,314 | * | Comverge, Inc | 16 | ||||
2,028 | Granite Construction, Inc | 67 | |||||
2,403 | Great Lakes Dredge & Dock Corp | 11 | |||||
659 | * | LB Foster Co (Class A) | 20 | ||||
1,545 | * | Matrix Service Co | 18 | ||||
881 | * | MYR Group, Inc | 17 | ||||
1,298 | * | Orion Marine Group, Inc | 25 | ||||
701 | * | Sterling Construction Co, Inc | 11 | ||||
TOTAL HEAVY CONSTRUCTION, EXCEPT BUILDING | 195 | ||||||
HOLDING AND OTHER INVESTMENT OFFICES - 2.32% | |||||||
2,117 | Acadia Realty Trust | 28 | |||||
2,436 | * | Affiliated Managers Group, Inc | 142 | ||||
505 | Agree Realty Corp | 9 | |||||
123 | Alexander’s, Inc | 33 | |||||
2,162 | Alexandria Real Estate Equities, Inc | 77 | |||||
9,073 | Allied Capital Corp | 32 | |||||
8,012 | AMB Property Corp | 151 | |||||
2,873 | American Campus Communities, Inc | 64 | |||||
580 | American Capital Agency Corp | 13 | |||||
31,591 | Annaly Mortgage Management, Inc | 478 | |||||
3,218 | Anthracite Capital, Inc | 2 | |||||
5,119 | Anworth Mortgage Asset Corp | 37 | |||||
6,369 | Apartment Investment & Management Co (Class A) | 56 | |||||
4,663 | Ashford Hospitality Trust, Inc | 13 | |||||
936 | Associated Estates Realty Corp | 6 | |||||
4,755 | AvalonBay Communities, Inc | 266 | |||||
5,385 | BioMed Realty Trust, Inc | 55 | |||||
6,864 | Boston Properties, Inc | 327 | |||||
7,051 | Brandywine Realty Trust | 53 | |||||
2,874 | BRE Properties, Inc (Class A) | 68 | |||||
3,578 | Camden Property Trust | 99 | |||||
651 | * | Cape Bancorp, Inc | 6 | ||||
2,642 | Capital Lease Funding, Inc | 7 | |||||
194 | Capital Southwest Corp | 14 | |||||
3,219 | Capstead Mortgage Corp | 41 | |||||
806 | Care Investment Trust, Inc | 4 | |||||
4,238 | CBL & Associates Properties, Inc | 23 | |||||
2,712 | Cedar Shopping Centers, Inc | 12 | |||||
442 | Cherokee, Inc | 9 | |||||
1,554 | Cogdell Spencer, Inc | 7 | |||||
2,945 | Colonial Properties Trust | 22 | |||||
3,120 | Corporate Office Properties Trust | 92 | |||||
2,483 | Cousins Properties, Inc | 21 | |||||
1,102 | Danvers Bancorp, Inc | 15 | |||||
10,500 | DCT Industrial Trust, Inc | 43 | |||||
7,889 | Developers Diversified Realty Corp | 38 | |||||
5,943 | DiamondRock Hospitality Co | 37 | |||||
4,296 | Digital Realty Trust, Inc | 154 | |||||
7,265 | Douglas Emmett, Inc | 65 | |||||
13,061 | Duke Realty Corp | 115 | |||||
673 | Dynex Capital, Inc | 6 | |||||
1,377 | EastGroup Properties, Inc | 45 | |||||
1,200 | Education Realty Trust, Inc | 5 | |||||
1,772 | Entertainment Properties Trust | 37 | |||||
1,227 | Equity Lifestyle Properties, Inc | 46 |
26
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
2,074 | Equity One, Inc | $ | 28 | ||||
15,763 | Equity Residential | 350 | |||||
1,493 | Essex Property Trust, Inc | 93 | |||||
4,748 | Extra Space Storage, Inc | 40 | |||||
3,517 | Federal Realty Investment Trust | 181 | |||||
3,926 | FelCor Lodging Trust, Inc | 10 | |||||
2,899 | First Industrial Realty Trust, Inc | 13 | |||||
1,470 | First Potomac Realty Trust | 14 | |||||
3,189 | Franklin Street Properties Corp | 42 | |||||
1,193 | Getty Realty Corp | 23 | |||||
1,256 | Gladstone Capital Corp | 9 | |||||
498 | Gladstone Commercial Corp | 6 | |||||
2,171 | Glimcher Realty Trust | 6 | |||||
2,128 | Gramercy Capital Corp | 3 | |||||
1,395 | * | Harris & Harris Group, Inc | 8 | ||||
1,760 | Hatteras Financial Corp | 50 | |||||
15,757 | HCP, Inc | 334 | |||||
6,671 | Health Care REIT, Inc | 227 | |||||
3,212 | Healthcare Realty Trust, Inc | 54 | |||||
2,467 | Hersha Hospitality Trust | 6 | |||||
3,786 | Highwoods Properties, Inc | 85 | |||||
2,378 | * | Hilltop Holdings, Inc | 28 | ||||
1,938 | Home Properties, Inc | 66 | |||||
5,735 | Hospitality Properties Trust | 68 | |||||
34,862 | Host Marriott Corp | 292 | |||||
13,475 | HRPT Properties Trust | 55 | |||||
3,399 | Inland Real Estate Corp | 24 | |||||
3,315 | Investors Real Estate Trust | 29 | |||||
54,577 | iShares Russell 3000 Index Fund | 2,939 | |||||
6,086 | * | iStar Financial, Inc | 17 | ||||
2,062 | Kilroy Realty Corp | 42 | |||||
21,105 | Kimco Realty Corp | 212 | |||||
1,900 | Kite Realty Group Trust | 6 | |||||
2,898 | LaSalle Hotel Properties | 36 | |||||
4,301 | Lexington Corporate Properties Trust | 15 | |||||
5,687 | Liberty Property Trust | 131 | |||||
1,314 | LTC Properties, Inc | 27 | |||||
4,293 | Macerich Co | 76 | |||||
4,206 | Mack-Cali Realty Corp | 96 | |||||
377 | * | Main Street Capital Corp | 5 | ||||
3,989 | Medical Properties Trust, Inc | 24 | |||||
12,785 | MFA Mortgage Investments, Inc | 88 | |||||
1,526 | Mid-America Apartment Communities, Inc | 56 | |||||
1,230 | Mission West Properties, Inc | 8 | |||||
1,097 | Monmouth Real Estate Investment Corp (Class A) | 6 | |||||
1,507 | MVC Capital, Inc | 13 | |||||
1,400 | National Health Investors, Inc | 37 | |||||
4,764 | National Retail Properties, Inc | 83 | |||||
5,757 | Nationwide Health Properties, Inc | 148 | |||||
3,670 | NorthStar Realty Finance Corp | 10 | |||||
4,423 | Omega Healthcare Investors, Inc | 69 | |||||
946 | Parkway Properties, Inc | 12 | |||||
1,975 | Pennsylvania Real Estate Investment Trust | 10 | |||||
9,852 | Plum Creek Timber Co, Inc | 293 | |||||
2,677 | Post Properties, Inc | 36 | |||||
2,494 | Potlatch Corp | 61 | |||||
25,473 | Prologis | 205 | |||||
2,233 | Prospect Capital Corp | 21 | |||||
1,073 | PS Business Parks, Inc | 52 | |||||
7,547 | Public Storage, Inc | 494 | |||||
3,865 | RAIT Investment Trust | 5 | |||||
992 | Ramco-Gershenson Properties | 10 | |||||
6,195 | Realty Income Corp | 136 | |||||
4,253 | Redwood Trust, Inc | 63 | |||||
4,430 | Regency Centers Corp | 155 | |||||
1,355 | Resource Capital Corp | 4 | |||||
590 | Saul Centers, Inc | 17 |
27
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
6,554 | Senior Housing Properties Trust | $ | 107 | ||||
13,853 | Simon Property Group, Inc | 713 | |||||
4,148 | SL Green Realty Corp | 95 | |||||
1,302 | Sovran Self Storage, Inc | 32 | |||||
470 | * | SRS Labs, Inc | 3 | ||||
4,727 | Strategic Hotels & Resorts, Inc | 5 | |||||
1,069 | Sun Communities, Inc | 15 | |||||
4,063 | Sunstone Hotel Investors, Inc | 22 | |||||
1,964 | Tanger Factory Outlet Centers, Inc | 64 | |||||
3,299 | Taubman Centers, Inc | 89 | |||||
8,268 | UDR, Inc | 85 | |||||
507 | UMH Properties, Inc | 4 | |||||
1,095 | Universal Health Realty Income Trust | 35 | |||||
1,407 | Urstadt Biddle Properties, Inc (Class A) | 20 | |||||
3,042 | U-Store-It Trust | 15 | |||||
8,833 | Ventas, Inc | 264 | |||||
16,792 | Virgin Media, Inc | 157 | |||||
354 | * | Virtus Investment Partners, Inc | 5 | ||||
8,920 | Vornado Realty Trust | 402 | |||||
3,736 | WABCO Holdings, Inc | 66 | |||||
1,139 | * | Walter Investment Management Corp | 15 | ||||
3,060 | Washington Real Estate Investment Trust | 68 | |||||
5,688 | Weingarten Realty Investors | 83 | |||||
696 | Winthrop Realty Trust | 6 | |||||
TOTAL HOLDING AND OTHER INVESTMENT OFFICES | 13,105 | ||||||
HOTELS AND OTHER LODGING PLACES - 0.24% | |||||||
1,418 | Ameristar Casinos, Inc | 27 | |||||
1,131 | * | Bluegreen Corp | 3 | ||||
2,948 | Boyd Gaming Corp | 25 | |||||
1,931 | Choice Hotels International, Inc | 51 | |||||
2,114 | * | Gaylord Entertainment Co | 27 | ||||
1,718 | * | Great Wolf Resorts, Inc | 4 | ||||
1,142 | * | Isle of Capri Casinos, Inc | 15 | ||||
16,917 | * | Las Vegas Sands Corp | 133 | ||||
1,242 | Marcus Corp | 13 | |||||
17,303 | Marriott International, Inc (Class A) | 381 | |||||
10,940 | * | MGM Mirage | 70 | ||||
604 | * | Monarch Casino & Resort, Inc | 4 | ||||
1,158 | * | Morgans Hotel Group Co | 4 | ||||
4,008 | * | Orient-Express Hotels Ltd (Class A) | 34 | ||||
660 | * | Outdoor Channel Holdings, Inc | 4 | ||||
10,882 | Starwood Hotels & Resorts Worldwide, Inc | 242 | |||||
1,755 | * | Vail Resorts, Inc | 47 | ||||
10,029 | Wyndham Worldwide Corp | 122 | |||||
3,755 | Wynn Resorts Ltd | 133 | |||||
TOTAL HOTELS AND OTHER LODGING PLACES | 1,339 | ||||||
INDUSTRIAL MACHINERY AND EQUIPMENT - 5.32% | |||||||
1,591 | * | 3PAR, Inc | 20 | ||||
1,014 | Aaon, Inc | 20 | |||||
2,862 | Actuant Corp (Class A) | 35 | |||||
5,054 | * | AGCO Corp | 147 | ||||
374 | Alamo Group, Inc | 4 | |||||
3,068 | * | Allis-Chalmers Energy, Inc | 7 | ||||
1,557 | * | Altra Holdings, Inc | 12 | ||||
475 | Ampco-Pittsburgh Corp | 11 | |||||
76,352 | Applied Materials, Inc | 839 | |||||
420 | * | Argan, Inc | 6 | ||||
1,159 | * | Astec Industries, Inc | 34 | ||||
3,489 | Black & Decker Corp | 100 | |||||
973 | Black Box Corp | 33 | |||||
2,004 | * | Blount International, Inc | 17 | ||||
525 | * | Bolt Technology Corp | 6 | ||||
3,023 | Briggs & Stratton Corp | 40 | |||||
22,509 | * | Brocade Communications Systems, Inc | 176 | ||||
4,418 | * | Brooks Automation, Inc | 20 | ||||
4,188 | Bucyrus International, Inc (Class A) | 120 |
28
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
3,596 | Carlisle Cos, Inc | $ | 86 | ||||
674 | Cascade Corp | 11 | |||||
34,572 | Caterpillar, Inc | 1,141 | |||||
4,265 | * | Cirrus Logic, Inc | 19 | ||||
1,273 | * | Colfax Corp | 10 | ||||
1,162 | * | Columbus McKinnon Corp | 15 | ||||
1,943 | * | Cray, Inc | 15 | ||||
11,327 | Cummins, Inc | 399 | |||||
2,289 | Curtiss-Wright Corp | 68 | |||||
1,601 | * | Cymer, Inc | 48 | ||||
24,301 | Deere & Co | 970 | |||||
98,277 | * | Dell, Inc | 1,350 | ||||
3,899 | Diebold, Inc | 103 | |||||
4,554 | Donaldson Co, Inc | 158 | |||||
10,790 | Dover Corp | 357 | |||||
4,447 | * | Dresser-Rand Group, Inc | 116 | ||||
1,793 | * | Dril-Quip, Inc | 68 | ||||
115,446 | * | EMC Corp | 1,513 | ||||
4,937 | * | Emulex Corp | 48 | ||||
2,145 | * | Ener1, Inc | 12 | ||||
1,595 | * | ENGlobal Corp | 8 | ||||
1,258 | * | EnPro Industries, Inc | 23 | ||||
6,075 | * | Entegris, Inc | 17 | ||||
6,147 | * | Extreme Networks, Inc | 12 | ||||
573 | * | Flanders Corp | 4 | ||||
2,307 | * | Flow International Corp | 5 | ||||
3,271 | Flowserve Corp | 228 | |||||
7,010 | * | FMC Technologies, Inc | 264 | ||||
1,063 | * | Fuel Tech, Inc | 10 | ||||
3,082 | * | Gardner Denver, Inc | 78 | ||||
1,023 | Gorman-Rupp Co | 21 | |||||
3,057 | Graco, Inc | 67 | |||||
604 | Graham Corp | 8 | |||||
621 | * | Harbin Electric, Inc | 10 | ||||
136,999 | Hewlett-Packard Co | 5,296 | |||||
334 | * | Hurco Cos, Inc | 5 | ||||
4,356 | IDEX Corp | 107 | |||||
1,615 | * | Immersion Corp | 8 | ||||
3,395 | * | Intermec, Inc | 44 | ||||
75,708 | International Business Machines Corp | 7,906 | |||||
16,521 | International Game Technology | 263 | |||||
1,163 | * | Intevac, Inc | 10 | ||||
1,159 | * | Isilon Systems, Inc | 5 | ||||
10,371 | ITT Industries, Inc | 462 | |||||
11,065 | Jabil Circuit, Inc | 82 | |||||
1,665 | John Bean Technologies Corp | 21 | |||||
34,177 | Johnson Controls, Inc | 742 | |||||
5,717 | Joy Global, Inc | 204 | |||||
993 | * | Kadant, Inc | 11 | ||||
1,677 | Kaydon Corp | 55 | |||||
3,920 | Kennametal, Inc | 75 | |||||
3,600 | * | Kulicke & Soffa Industries, Inc | 12 | ||||
7,433 | * | Lam Research Corp | 193 | ||||
2,798 | Lennox International, Inc | 90 | |||||
4,542 | * | Lexmark International, Inc (Class A) | 72 | ||||
700 | Lindsay Manufacturing Co | 23 | |||||
949 | Lufkin Industries, Inc | 40 | |||||
7,596 | Manitowoc Co, Inc | 40 | |||||
901 | Met-Pro Corp | 10 | |||||
4,743 | * | Micros Systems, Inc | 120 | ||||
902 | * | Middleby Corp | 40 | ||||
2,342 | Modine Manufacturing Co | 11 | |||||
381 | Nacco Industries, Inc (Class A) | 11 | |||||
1,196 | * | NATCO Group, Inc (Class A) | 39 | ||||
714 | * | Natural Gas Services Group, Inc | 9 | ||||
2,372 | * | Netezza Corp | 20 | ||||
2,164 | * | Netgear, Inc | 31 | ||||
2,012 | Nordson Corp | 78 |
29
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
18,410 | Northrop Grumman Corp | $ | 841 | |||||
2,961 | * | Oil States International, Inc | 72 | |||||
6,874 | Pall Corp | 183 | ||||||
7,872 | Palm, Inc | 130 | ||||||
11,719 | Pitney Bowes, Inc | 257 | ||||||
762 | * | PMFG, Inc | 7 | |||||
12,525 | * | Quantum Corp | 10 | |||||
1,782 | * | Rackable Systems, Inc | 8 | |||||
22,689 | Raytheon Co | 1,007 | ||||||
1,335 | * | RBC Bearings, Inc | 27 | |||||
630 | * | Rimage Corp | 10 | |||||
3,287 | * | Riverbed Technology, Inc | 76 | |||||
1,676 | Robbins & Myers, Inc | 32 | ||||||
7,798 | * | Safeguard Scientifics, Inc | 10 | |||||
13,101 | * | SanDisk Corp | 192 | |||||
744 | Sauer-Danfoss, Inc | 5 | ||||||
1,663 | * | Scansource, Inc | 41 | |||||
3,758 | * | Scientific Games Corp (Class A) | 59 | |||||
28,322 | Seagate Technology, Inc | 296 | ||||||
16,448 | *,m | Seagate Technology, Inc (Escrow) | — | ^ | ||||
1,100 | * | Semitool, Inc | 5 | |||||
1,525 | * | Sigma Designs, Inc | 24 | |||||
2,863 | SPX Corp | 140 | ||||||
800 | Standex International Corp | 9 | ||||||
1,504 | * | STEC, Inc | 35 | |||||
1,355 | * | Super Micro Computer, Inc | 10 | |||||
746 | * | T-3 Energy Services, Inc | 9 | |||||
1,000 | * | Tecumseh Products Co (Class A) | 10 | |||||
868 | Tennant Co | 16 | ||||||
9,706 | * | Teradata Corp | 227 | |||||
5,654 | * | Terex Corp | 68 | |||||
15,999 | Textron, Inc | 155 | ||||||
4,954 | Timken Co | 85 | ||||||
1,803 | Toro Co | 54 | ||||||
562 | Twin Disc, Inc | 4 | ||||||
1,608 | * | Ultratech, Inc | 20 | |||||
6,955 | * | Varian Medical Systems, Inc | 244 | |||||
3,790 | * | VeriFone Holdings, Inc | 28 | |||||
1,468 | Watsco, Inc | 72 | ||||||
12,603 | * | Western Digital Corp | 334 | |||||
3,508 | Woodward Governor Co | 69 | ||||||
3,004 | * | Zebra Technologies Corp (Class A) | 71 | |||||
TOTAL INDUSTRIAL MACHINERY AND EQUIPMENT | 29,996 | |||||||
INSTRUMENTS AND RELATED PRODUCTS - 3.62% | ||||||||
1,214 | * | Abaxis, Inc | 25 | |||||
1,811 | * | Abiomed, Inc | 16 | |||||
2,205 | * | Accuray, Inc | 15 | |||||
4,200 | * | Affymetrix, Inc | 25 | |||||
19,355 | * | Agilent Technologies, Inc | 394 | |||||
3,618 | * | Align Technology, Inc | 38 | |||||
17,571 | Allergan, Inc | 836 | ||||||
1,637 | * | Alphatec Holdings, Inc | 5 | |||||
4,495 | * | American Medical Systems Holdings, Inc | 71 | |||||
543 | American Science & Engineering, Inc | 38 | ||||||
790 | Analogic Corp | 29 | ||||||
1,276 | * | Anaren, Inc | 23 | |||||
1,310 | * | Angiodynamics, Inc | 17 | |||||
600 | * | Argon ST, Inc | 12 | |||||
960 | * | Aspect Medical Systems, Inc | 6 | |||||
86 | Atrion Corp | 12 | ||||||
2,626 | * | ATS Medical, Inc | 9 | |||||
520 | * | Axsys Technologies, Inc | 28 | |||||
779 | Badger Meter, Inc | 32 | ||||||
5,633 | Bard (C.R.), Inc | 419 | ||||||
34,881 | Baxter International, Inc | 1,846 | ||||||
3,934 | Beckman Coulter, Inc | 225 | ||||||
13,845 | Becton Dickinson & Co | 987 |
30
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,168 | * | Bio-Rad Laboratories, Inc (Class A) | $ | 88 | |||
85,665 | * | Boston Scientific Corp | 868 | ||||
953 | * | Bovie Medical Corp | 8 | ||||
3,040 | * | Bruker BioSciences Corp | 28 | ||||
711 | * | Cantel Medical Corp | 12 | ||||
1,175 | * | Cardiac Science Corp | 5 | ||||
1,317 | * | CardioNet, Inc | 21 | ||||
3,392 | * | Cepheid, Inc | 32 | ||||
1,755 | * | Clarient, Inc | 7 | ||||
1,426 | * | Coherent, Inc | 29 | ||||
1,500 | Cohu, Inc | 13 | |||||
1,825 | * | Conmed Corp | 28 | ||||
2,715 | Cooper Cos, Inc | 67 | |||||
646 | * | Cutera, Inc | 6 | ||||
1,543 | * | Cyberonics, Inc | 26 | ||||
475 | * | Cynosure, Inc (Class A) | 4 | ||||
14,641 | Danaher Corp | 904 | |||||
1,291 | * | Delcath Systems, Inc | 5 | ||||
8,682 | Dentsply International, Inc | 265 | |||||
2,984 | * | Depomed, Inc | 10 | ||||
2,603 | * | DexCom, Inc | 16 | ||||
911 | * | Dionex Corp | 56 | ||||
430 | * | DXP Enterprises, Inc | 5 | ||||
14,610 | Eastman Kodak Co | 43 | |||||
988 | * | Electro-Optical Sciences, Inc | 8 | ||||
43,222 | Emerson Electric Co | 1,400 | |||||
2,539 | * | Endologix, Inc | 8 | ||||
1,380 | * | ESCO Technologies, Inc | 62 | ||||
1,694 | * | Esterline Technologies Corp | 46 | ||||
4,213 | * | ev3, Inc | 45 | ||||
408 | * | Exactech, Inc | 6 | ||||
910 | * | FARO Technologies, Inc | 14 | ||||
2,156 | * | FEI Co | 49 | ||||
726 | * | FGX International Holdings Ltd | 8 | ||||
8,241 | * | Flir Systems, Inc | 186 | ||||
2,946 | * | Formfactor, Inc | 51 | ||||
2,463 | * | Fossil, Inc | 60 | ||||
6,468 | Garmin Ltd | 155 | |||||
1,543 | * | Haemonetics Corp | 88 | ||||
1,363 | * | Hanger Orthopedic Group, Inc | 19 | ||||
1,163 | * | Harvard Bioscience, Inc | 5 | ||||
807 | * | Herley Industries, Inc | 9 | ||||
3,482 | Hillenbrand, Inc | 58 | |||||
14,878 | * | Hologic, Inc | 212 | ||||
535 | * | Home Diagnostics, Inc | 3 | ||||
632 | * | ICU Medical, Inc | 26 | ||||
344 | * | ICx Technologies, Inc | 2 | ||||
1,260 | * | I-Flow Corp | 9 | ||||
1,400 | * | II-VI, Inc | 31 | ||||
7,001 | * | Illumina, Inc | 273 | ||||
1,078 | * | Insulet Corp | 8 | ||||
902 | * | Integra LifeSciences Holdings Corp | 24 | ||||
2,147 | * | Intuitive Surgical, Inc | 351 | ||||
1,945 | Invacare Corp | 34 | |||||
5,039 | * | ION Geophysical Corp | 13 | ||||
1,079 | * | IRIS International, Inc | 13 | ||||
1,866 | * | ISTA Pharmaceuticals, Inc | 8 | ||||
2,223 | * | Itron, Inc | 122 | ||||
2,194 | * | Ixia | 15 | ||||
520 | * | Kensey Nash Corp | 14 | ||||
9,258 | Kla-Tencor Corp | 234 | |||||
4,206 | * | Kopin Corp | 15 | ||||
142 | * | K-Tron International, Inc | 11 | ||||
758 | * | KVH Industries, Inc | 5 | ||||
4,064 | * | L-1 Identity Solutions, Inc | 31 | ||||
725 | * | LaBarge, Inc | 7 | ||||
764 | * | MAKO Surgical Corp | 7 | ||||
2,792 | * | Masimo Corp | 67 |
31
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
742 | * | Measurement Specialties, Inc | $ | 5 | |||
873 | * | Medical Action Industries, Inc | 10 | ||||
63,809 | Medtronic, Inc | 2,225 | |||||
1,469 | * | Merit Medical Systems, Inc | 24 | ||||
2,006 | * | Mettler-Toledo International, Inc | 155 | ||||
935 | * | Micrus Endovascular Corp | 8 | ||||
3,299 | * | Millipore Corp | 232 | ||||
1,677 | Mine Safety Appliances Co | 40 | |||||
3,076 | * | MKS Instruments, Inc | 41 | ||||
1,178 | Movado Group, Inc | 12 | |||||
728 | MTS Systems Corp | 15 | |||||
3,310 | National Instruments Corp | 75 | |||||
1,662 | * | Natus Medical, Inc | 19 | ||||
876 | * | Neogen Corp | 25 | ||||
2,159 | * | Newport Corp | 13 | ||||
2,136 | * | NuVasive, Inc | 95 | ||||
794 | * | NxStage Medical, Inc | 5 | ||||
1,010 | * | Orthofix International NV | 25 | ||||
3,708 | * | Orthovita, Inc | 19 | ||||
246 | * | OYO Geospace Corp | 6 | ||||
1,140 | * | Palomar Medical Technologies, Inc | 17 | ||||
6,858 | PerkinElmer, Inc | 119 | |||||
4,369 | * | Resmed, Inc | 178 | ||||
566 | * | Rochester Medical Corp | 8 | ||||
8,241 | Rockwell Automation, Inc | 265 | |||||
9,113 | Rockwell Collins, Inc | 380 | |||||
836 | * | Rockwell Medical Technologies, Inc | 6 | ||||
1,839 | * | Rofin-Sinar Technologies, Inc | 37 | ||||
5,330 | Roper Industries, Inc | 242 | |||||
1,464 | * | Rudolph Technologies, Inc | 8 | ||||
1,080 | * | Sirona Dental Systems, Inc | 22 | ||||
748 | * | Somanetics Corp | 12 | ||||
957 | * | SonoSite, Inc | 19 | ||||
1,958 | * | Spectranetics Corp | 10 | ||||
19,625 | * | St. Jude Medical, Inc | 807 | ||||
4,200 | * | Star Scientific, Inc | 4 | ||||
939 | * | Stereotaxis, Inc | 4 | ||||
3,530 | STERIS Corp | 92 | |||||
19,038 | Stryker Corp | 757 | |||||
2,227 | * | Symmetry Medical, Inc | 21 | ||||
768 | * | Synovis Life Technologies, Inc | 16 | ||||
2,100 | Techne Corp | 134 | |||||
2,172 | * | Teledyne Technologies, Inc | 71 | ||||
9,702 | * | Teradyne, Inc | 67 | ||||
23,840 | * | Thermo Electron Corp | 973 | ||||
3,399 | * | Thoratec Corp | 91 | ||||
755 | * | Trans1, Inc | 5 | ||||
7,006 | * | Trimble Navigation Ltd | 138 | ||||
148 | Utah Medical Products, Inc | 4 | |||||
1,724 | * | Varian, Inc | 68 | ||||
937 | * | Vascular Solutions, Inc | 7 | ||||
1,820 | * | Veeco Instruments, Inc | 21 | ||||
828 | * | Vital Images, Inc | 9 | ||||
3,486 | * | Vivus, Inc | 21 | ||||
2,847 | * | Volcano Corp | 40 | ||||
5,640 | * | Waters Corp | 290 | ||||
2,200 | * | Wright Medical Group, Inc | 36 | ||||
49,567 | Xerox Corp | 321 | |||||
246 | Young Innovations, Inc | 5 | |||||
12,407 | * | Zimmer Holdings, Inc | 529 | ||||
1,200 | * | Zoll Medical Corp | 23 | ||||
1,176 | * | Zygo Corp | 5 | ||||
TOTAL INSTRUMENTS AND RELATED PRODUCTS | 20,397 | ||||||
INSURANCE AGENTS, BROKERS AND SERVICE - 0.32% | |||||||
15,884 | AON Corp | 602 | |||||
5,455 | Arthur J. Gallagher & Co | 116 | |||||
6,834 | Brown & Brown, Inc | 136 |
32
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,190 | * | Crawford & Co (Class B) | $ | 6 | |||
18,188 | Hartford Financial Services Group, Inc | 216 | |||||
448 | Life Partners Holdings, Inc | 6 | |||||
29,415 | Marsh & McLennan Cos, Inc | 592 | |||||
2,320 | National Financial Partners Corp | 17 | |||||
468 | White Mountains Insurance Group Ltd | 107 | |||||
TOTAL INSURANCE AGENTS, BROKERS AND SERVICE | 1,798 | ||||||
INSURANCE CARRIERS - 3.28% | |||||||
25,647 | Aetna, Inc | 642 | |||||
26,847 | Aflac, Inc | 835 | |||||
310 | * | Alleghany Corp | 84 | ||||
2,914 | Allied World Assurance Holdings Ltd | 119 | |||||
30,778 | Allstate Corp | 751 | |||||
15,976 | Ambac Financial Group, Inc | 15 | |||||
3,620 | American Equity Investment Life Holding Co | 20 | |||||
4,699 | American Financial Group, Inc | 101 | |||||
135,835 | American International Group, Inc | 158 | |||||
915 | American National Insurance Co | 69 | |||||
478 | American Physicians Capital, Inc | 19 | |||||
357 | American Physicians Service Group, Inc | 8 | |||||
622 | * | American Safety Insurance Holdings Ltd | 8 | ||||
2,840 | * | AMERIGROUP Corp | 76 | ||||
1,131 | * | Amerisafe, Inc | 18 | ||||
1,541 | Amtrust Financial Services, Inc | 18 | |||||
2,676 | * | Arch Capital Group Ltd | 157 | ||||
1,848 | * | Argo Group International Holdings Ltd | 52 | ||||
4,987 | Aspen Insurance Holdings Ltd | 111 | |||||
6,760 | Assurant, Inc | 163 | |||||
3,652 | Assured Guaranty Ltd | 45 | |||||
7,695 | Axis Capital Holdings Ltd | 201 | |||||
625 | Baldwin & Lyons, Inc (Class B) | 12 | |||||
1,848 | * | Catalyst Health Solutions, Inc | 46 | ||||
2,707 | * | Centene Corp | 54 | ||||
20,388 | Chubb Corp | 813 | |||||
15,716 | Cigna Corp | 379 | |||||
8,477 | Cincinnati Financial Corp | 189 | |||||
2,162 | * | Citizens, Inc (Class A) | 13 | ||||
1,743 | CNA Financial Corp | 27 | |||||
1,100 | * | CNA Surety Corp | 15 | ||||
10,885 | * | Conseco, Inc | 26 | ||||
2,592 | Delphi Financial Group, Inc (Class A) | 50 | |||||
850 | Donegal Group, Inc (Class A) | 13 | |||||
360 | Eastern Insurance Holdings, Inc | 3 | |||||
168 | EMC Insurance Group, Inc | 3 | |||||
2,858 | Employers Holdings, Inc | 39 | |||||
3,037 | Endurance Specialty Holdings Ltd | 89 | |||||
426 | * | Enstar Group Ltd | 25 | ||||
1,911 | Erie Indemnity Co (Class A) | 68 | |||||
3,609 | Everest Re Group Ltd | 258 | |||||
881 | FBL Financial Group, Inc (Class A) | 7 | |||||
13,147 | Fidelity National Title Group, Inc (Class A) | 178 | |||||
1,175 | * | First Acceptance Corp | 3 | ||||
5,326 | First American Corp | 138 | |||||
763 | First Mercury Financial Corp | 11 | |||||
1,821 | Flagstone Reinsurance Holdings Ltd | 19 | |||||
558 | * | Fpic Insurance Group, Inc | 17 | ||||
24,785 | Genworth Financial, Inc (Class A) | 173 | |||||
1,722 | * | Greenlight Capital Re Ltd (Class A) | 30 | ||||
368 | * | Hallmark Financial Services | 3 | ||||
3,054 | Hanover Insurance Group, Inc | 116 | |||||
839 | Harleysville Group, Inc | 24 | |||||
6,691 | HCC Insurance Holdings, Inc | 161 | |||||
5,602 | * | Health Net, Inc | 87 | ||||
2,916 | * | Healthspring, Inc | 32 | ||||
2,536 | Horace Mann Educators Corp | 25 | |||||
9,577 | * | Humana, Inc | 309 | ||||
423 | Independence Holding Co | 3 |
33
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
936 | Infinity Property & Casualty Corp | $ | 34 | ||||
3,094 | IPC Holdings Ltd | 85 | |||||
326 | Kansas City Life Insurance Co | 9 | |||||
10,630 | Leucadia National Corp | 224 | |||||
14,418 | Lincoln National Corp | 248 | |||||
18,097 | Loews Corp | 496 | |||||
2,909 | Maiden Holdings Ltd | 19 | |||||
508 | * | Markel Corp | 143 | ||||
2,728 | Max Re Capital Ltd | 50 | |||||
7,809 | * | MBIA, Inc | 34 | ||||
2,850 | Meadowbrook Insurance Group, Inc | 19 | |||||
274 | Mercer Insurance Group, Inc | 4 | |||||
1,267 | Mercury General Corp | 42 | |||||
32,671 | Metlife, Inc | 981 | |||||
2,267 | * | Metropolitan Health Networks, Inc | 5 | ||||
7,457 | MGIC Investment Corp | 33 | |||||
720 | * | Molina Healthcare, Inc | 17 | ||||
5,164 | Montpelier Re Holdings Ltd | 69 | |||||
224 | National Interstate Corp | 3 | |||||
154 | National Western Life Insurance Co (Class A) | 18 | |||||
474 | * | Navigators Group, Inc | 21 | ||||
376 | NYMAGIC, Inc | 5 | |||||
858 | Odyssey Re Holdings Corp | 34 | |||||
14,120 | Old Republic International Corp | 139 | |||||
1,314 | OneBeacon Insurance Group Ltd (Class A) | 15 | |||||
3,254 | PartnerRe Ltd | 211 | |||||
7,094 | Phoenix Cos, Inc | 12 | |||||
2,759 | Platinum Underwriters Holdings Ltd | 79 | |||||
1,846 | * | PMA Capital Corp (Class A) | 8 | ||||
5,465 | PMI Group, Inc | 11 | |||||
1,393 | Presidential Life Corp | 11 | |||||
2,214 | * | Primus Guaranty Ltd | 5 | ||||
17,888 | Principal Financial Group | 337 | |||||
1,589 | * | ProAssurance Corp | 73 | ||||
39,067 | Progressive Corp | 590 | |||||
4,503 | Protective Life Corp | 52 | |||||
24,313 | Prudential Financial, Inc | 905 | |||||
5,032 | Radian Group, Inc | 14 | |||||
1,249 | * | RadNet, Inc | 3 | ||||
3,978 | Reinsurance Group of America, Inc (Class A) | 139 | |||||
3,366 | RenaissanceRe Holdings Ltd | 157 | |||||
1,157 | RLI Corp | 52 | |||||
784 | Safety Insurance Group, Inc | 24 | |||||
999 | * | SeaBright Insurance Holdings, Inc | 10 | ||||
2,700 | Selective Insurance Group, Inc | 34 | |||||
2,873 | Stancorp Financial Group, Inc | 82 | |||||
913 | State Auto Financial Corp | 16 | |||||
1,214 | Stewart Information Services Corp | 17 | |||||
4,785 | Torchmark Corp | 177 | |||||
2,163 | Tower Group, Inc | 54 | |||||
1,617 | Transatlantic Holdings, Inc | 70 | |||||
33,727 | Travelers Cos, Inc | 1,385 | |||||
979 | * | Triple-S Management Corp (Class B) | 15 | ||||
2,880 | * | United America Indemnity Ltd (Class A) | 14 | ||||
1,337 | United Fire & Casualty Co | 23 | |||||
68,202 | UnitedHealth Group, Inc | 1,704 | |||||
2,455 | Unitrin, Inc | 30 | |||||
1,661 | * | Universal American Financial Corp | 14 | ||||
587 | * | Universal Insurance Holdings, Inc | 3 | ||||
19,013 | UnumProvident Corp | 302 | |||||
2,604 | Validus Holdings Ltd | 57 | |||||
7,931 | W.R. Berkley Corp | 170 | |||||
2,485 | * | WellCare Health Plans, Inc | 46 | ||||
27,831 | * | WellPoint, Inc | 1,416 | ||||
49 | Wesco Financial Corp | 14 | |||||
19,417 | XL Capital Ltd (Class A) | 223 | |||||
2,339 | Zenith National Insurance Corp | 51 | |||||
TOTAL INSURANCE CARRIERS | 18,485 | ||||||
34
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
JUSTICE, PUBLIC ORDER AND SAFETY - 0.03% | |||||||
779 | * | China Fire & Security Group, Inc | $ | 9 | |||
6,790 | * | Corrections Corp of America | 115 | ||||
3,103 | * | Geo Group, Inc | 58 | ||||
TOTAL JUSTICE, PUBLIC ORDER AND SAFETY | 182 | ||||||
LEATHER AND LEATHER PRODUCTS - 0.12% | |||||||
17,985 | Coach, Inc | 484 | |||||
4,890 | * | CROCS, Inc | 17 | ||||
927 | * | Genesco, Inc | 17 | ||||
3,284 | * | Iconix Brand Group, Inc | 51 | ||||
1,030 | * | Steven Madden Ltd | 26 | ||||
2,673 | * | Timberland Co (Class A) | 35 | ||||
378 | Weyco Group, Inc | 9 | |||||
2,989 | Wolverine World Wide, Inc | 66 | |||||
TOTAL LEATHER AND LEATHER PRODUCTS | 705 | ||||||
LEGAL SERVICES - 0.03% | |||||||
3,007 | * | FTI Consulting, Inc | 152 | ||||
564 | * | Pre-Paid Legal Services, Inc | 25 | ||||
TOTAL LEGAL SERVICES | 177 | ||||||
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 | 15 | |||||
695 | Deltic Timber Corp | 25 | |||||
6,361 | * | Louisiana-Pacific Corp | 22 | ||||
442 | Skyline Corp | 10 | |||||
979 | Universal Forest Products, Inc | 32 | |||||
TOTAL LUMBER AND WOOD PRODUCTS | 104 | ||||||
METAL MINING - 0.54% | |||||||
2,642 | * | Allied Nevada Gold Corp | 21 | ||||
7,585 | Cleveland-Cliffs, Inc | 186 | |||||
3,809 | * | Coeur d’Alene Mines Corp | 47 | ||||
2,613 | Foundation Coal Holdings, Inc | 73 | |||||
23,601 | Freeport-McMoRan Copper & Gold, Inc (Class B) | 1,183 | |||||
12,176 | * | Hecla Mining Co | 33 | ||||
27,321 | Newmont Mining Corp | 1,117 | |||||
3,795 | * | Paramount Gold and Silver Corp | 6 | ||||
3,886 | * | Patriot Coal Corp | 25 | ||||
3,261 | * | Rosetta Resources, Inc | 29 | ||||
2,062 | Royal Gold, Inc | 86 | |||||
1,718 | * | ShengdaTech, Inc | 6 | ||||
10,212 | Southern Copper Corp | 209 | |||||
1,968 | * | Stillwater Mining Co | 11 | ||||
2,759 | * | Uranerz Energy Corp | 5 | ||||
4,575 | * | US Gold Corp | 12 | ||||
TOTAL METAL MINING | 3,049 | ||||||
MISCELLANEOUS MANUFACTURING INDUSTRIES - 0.14% | |||||||
988 | Armstrong World Industries, Inc | 16 | |||||
386 | Blyth, Inc | 12 | |||||
4,329 | Callaway Golf Co | 22 | |||||
2,087 | Daktronics, Inc | 16 | |||||
7,299 | Hasbro, Inc | 177 | |||||
2,253 | * | Intrepid Potash, Inc | 63 | ||||
1,657 | * | Jakks Pacific, Inc | 21 |
35
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
4,840 | * | Jarden Corp | $ | 91 | |||
1,909 | * | Leapfrog Enterprises, Inc | 4 | ||||
1,066 | Marine Products Corp | 4 | |||||
20,726 | Mattel, Inc | 333 | |||||
45 | * | Oil-Dri Corp of America | 1 | ||||
1,217 | * | RC2 Corp | 16 | ||||
2,802 | * | Shuffle Master, Inc | 19 | ||||
467 | * | Steinway Musical Instruments, Inc | 5 | ||||
TOTAL MISCELLANEOUS MANUFACTURING INDUSTRIES | 800 | ||||||
MISCELLANEOUS RETAIL - 1.53% | |||||||
1,264 | * | 1-800-FLOWERS.COM, Inc (Class A) | 2 | ||||
1,110 | * | Allion Healthcare, Inc | 7 | ||||
18,788 | * | Amazon.com, Inc | 1,573 | ||||
2,240 | Barnes & Noble, Inc | 46 | |||||
1,412 | Big 5 Sporting Goods Corp | 16 | |||||
812 | * | Blue Nile, Inc | 35 | ||||
3,769 | * | Borders Group, Inc | 14 | ||||
968 | * | Build-A-Bear Workshop, Inc | 4 | ||||
2,068 | * | Cabela’s, Inc | 25 | ||||
1,865 | Cash America International, Inc | 44 | |||||
3,306 | * | CKX, Inc | 23 | ||||
3,853 | * | Coldwater Creek, Inc | 23 | ||||
82,956 | CVS Corp | 2,645 | |||||
4,676 | * | Dick’s Sporting Goods, Inc | 80 | ||||
5,275 | * | Dollar Tree, Inc | 222 | ||||
5,097 | * | Drugstore.Com | 9 | ||||
2,322 | * | Ezcorp, Inc (Class A) | 25 | ||||
554 | * | Fuqi International, Inc | 11 | ||||
1,606 | * | GSI Commerce, Inc | 23 | ||||
1,477 | * | Hibbett Sports, Inc | 27 | ||||
2,163 | * | HSN, Inc | 23 | ||||
1,539 | * | Jo-Ann Stores, Inc | 32 | ||||
688 | * | Kirkland’s, Inc | 8 | ||||
2,975 | * | Marvel Entertainment, Inc | 106 | ||||
2,547 | MSC Industrial Direct Co (Class A) | 90 | |||||
2,071 | Nutri/System, Inc | 30 | |||||
15,426 | * | Office Depot, Inc | 70 | ||||
4,100 | OfficeMax, Inc | 26 | |||||
840 | * | Overstock.com, Inc | 10 | ||||
648 | * | PC Mall, Inc | 4 | ||||
7,407 | Petsmart, Inc | 159 | |||||
2,376 | * | Priceline.com, Inc | 265 | ||||
811 | Pricesmart, Inc | 14 | |||||
33,788 | * | Rite Aid Corp | 51 | ||||
1,181 | * | Shutterfly, Inc | 16 | ||||
4,632 | Signet Jewelers Ltd | 96 | |||||
1,120 | * | Stamps.com, Inc | 9 | ||||
40,325 | Staples, Inc | 813 | |||||
461 | Systemax, Inc | 5 | |||||
7,244 | Tiffany & Co | 184 | |||||
56,472 | Walgreen Co | 1,661 | |||||
1,783 | World Fuel Services Corp | 74 | |||||
1,423 | * | Zale Corp | 5 | ||||
933 | * | Zumiez, Inc | 7 | ||||
TOTAL MISCELLANEOUS RETAIL | 8,612 | ||||||
MOTION PICTURES - 0.66% | |||||||
860 | * | Ascent Media Corp (Series A) | 23 | ||||
1,355 | * | Avid Technology, Inc | 18 | ||||
563 | * | Carmike Cinemas, Inc | 5 | ||||
1,605 | Cinemark Holdings, Inc | 18 | |||||
15,813 | * | Discovery Communications, Inc (Class C) | 325 | ||||
4,266 | * | DreamWorks Animation SKG, Inc (Class A) | 117 | ||||
1,016 | * | Gaiam, Inc (Class A) | 6 | ||||
5,451 | * | Macrovision Solutions Corp | 119 | ||||
2,600 | National CineMedia, Inc | 36 | |||||
130,632 | News Corp (Class A) | 1,190 |
36
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
4,340 | Regal Entertainment Group (Class A) | $ | 57 | ||||
475 | * | Rentrak Corp | 8 | ||||
67,969 | Time Warner, Inc | 1,712 | |||||
8,733 | * | tw telecom inc (Class A) | 90 | ||||
TOTAL MOTION PICTURES | 3,724 | ||||||
NONDEPOSITORY INSTITUTIONS - 0.62% | |||||||
3,111 | Advance America Cash Advance Centers, Inc | 14 | |||||
11,110 | American Capital Ltd | 36 | |||||
57,887 | American Express Co | 1,344 | |||||
5,299 | * | AmeriCredit Corp | 72 | ||||
8,509 | Apollo Investment Corp | 51 | |||||
5,815 | Ares Capital Corp | 47 | |||||
292 | BlackRock Kelso Capital Corp | 2 | |||||
2,000 | * | Boise, Inc | 3 | ||||
25,714 | Capital One Financial Corp | 562 | |||||
12,677 | CapitalSource, Inc | 62 | |||||
36,441 | Chimera Investment Corp | 127 | |||||
22,233 | CIT Group, Inc | 48 | |||||
1,233 | * | CompuCredit Corp | 3 | ||||
533 | * | Credit Acceptance Corp | 12 | ||||
27,711 | Discover Financial Services | 284 | |||||
966 | * | Encore Capital Group, Inc | 13 | ||||
1,621 | Financial Federal Corp | 33 | |||||
1,630 | * | First Cash Financial Services, Inc | 29 | ||||
3,742 | * | First Marblehead Corp | 8 | ||||
1,326 | Gladstone Investment Corp | 6 | |||||
10,628 | GLG Partners, Inc | 43 | |||||
4,024 | * | Heckmann Corp | 15 | ||||
1,766 | Hercules Technology Growth Capital, Inc | 15 | |||||
1,243 | * | Information Services Group, Inc | 4 | ||||
1,051 | Kohlberg Capital Corp | 7 | |||||
5,255 | Lender Processing Services, Inc | 146 | |||||
3,668 | * | MCG Capital Corp | 9 | ||||
872 | Medallion Financial Corp | 7 | |||||
1,518 | * | Mercadolibre, Inc | 41 | ||||
1,165 | * | Nelnet, Inc (Class A) | 16 | ||||
812 | * | NewStar Financial, Inc | 2 | ||||
1,181 | NGP Capital Resources Co | 7 | |||||
2,525 | * | Ocwen Financial Corp | 33 | ||||
1,209 | PennantPark Investment Corp | 9 | |||||
3,083 | * | PHH Corp | 56 | ||||
26,484 | * | SLM Corp | 272 | ||||
258 | Student Loan Corp | 10 | |||||
1,245 | TICC Capital Corp | 5 | |||||
360 | * | Tree.com, Inc | 3 | ||||
426 | * | Triangle Capital Corp | 5 | ||||
876 | * | World Acceptance Corp | 17 | ||||
TOTAL NONDEPOSITORY INSTITUTIONS | 3,478 | ||||||
NONMETALLIC MINERALS, EXCEPT FUELS - 0.08% | |||||||
1,482 | AMCOL International Corp | 32 | |||||
2,151 | * | Cardium Therapeutics, Inc | 4 | ||||
1,945 | Compass Minerals International, Inc | 107 | |||||
2,908 | * | General Moly, Inc | 6 | ||||
66 | * | United States Lime & Minerals, Inc | 3 | ||||
6,416 | Vulcan Materials Co | 277 | |||||
TOTAL NONMETALLIC MINERALS, EXCEPT FUELS | 429 | ||||||
OIL AND GAS EXTRACTION - 4.39% | |||||||
28,289 | Anadarko Petroleum Corp | 1,284 | |||||
19,269 | Apache Corp | 1,391 | |||||
568 | APCO Argentina, Inc | 11 | |||||
546 | * | Approach Resources, Inc | 4 | ||||
2,099 | * | Arena Resources, Inc | 67 | ||||
2,141 | Atlas America, Inc | 38 |
37
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,653 | * | ATP Oil & Gas Corp | $ | 12 | |||
3,326 | * | Atwood Oceanics, Inc | 83 | ||||
17,373 | Baker Hughes, Inc | 633 | |||||
1,645 | * | Basic Energy Services, Inc | 11 | ||||
2,505 | Berry Petroleum Co (Class A) | 47 | |||||
2,193 | * | Bill Barrett Corp | 60 | ||||
17,165 | BJ Services Co | 234 | |||||
4,411 | * | Boots & Coots, Inc | 6 | ||||
4,518 | * | Brigham Exploration Co | 16 | ||||
1,573 | * | Bronco Drilling Co, Inc | 7 | ||||
5,926 | Cabot Oil & Gas Corp | 182 | |||||
2,632 | * | Cal Dive International, Inc | 22 | ||||
12,199 | * | Cameron International Corp | 345 | ||||
1,637 | * | Carrizo Oil & Gas, Inc | 28 | ||||
3,135 | * | Cheniere Energy, Inc | 9 | ||||
35,462 | Chesapeake Energy Corp | 703 | |||||
4,934 | Cimarex Energy Co | 140 | |||||
326 | * | Clayton Williams Energy, Inc | 6 | ||||
794 | * | CNX Gas Corp | 21 | ||||
3,558 | * | Complete Production Services, Inc | 23 | ||||
2,751 | * | Comstock Resources, Inc | 91 | ||||
4,295 | * | Concho Resources, Inc | 123 | ||||
811 | * | Contango Oil & Gas Co | 34 | ||||
1,798 | * | Continental Resources, Inc | 50 | ||||
247 | * | CREDO Petroleum Corp | 3 | ||||
474 | * | Dawson Geophysical Co | 14 | ||||
10,625 | * | Delta Petroleum Corp | 21 | ||||
14,536 | * | Denbury Resources, Inc | 214 | ||||
25,488 | Devon Energy Corp | 1,389 | |||||
3,843 | Diamond Offshore Drilling, Inc | 319 | |||||
3,212 | * | Encore Acquisition Co | 99 | ||||
6,804 | * | Endeavour International Corp | 9 | ||||
1,511 | * | Energy Recovery, Inc | 11 | ||||
8,035 | ENSCO International, Inc | 280 | |||||
14,177 | EOG Resources, Inc | 963 | |||||
7,828 | Equitable Resources, Inc | 273 | |||||
8,507 | * | EXCO Resources, Inc | 110 | ||||
3,734 | * | Exterran Holdings, Inc | 60 | ||||
6,046 | * | Forest Oil Corp | 90 | ||||
2,157 | * | FX Energy, Inc | 8 | ||||
424 | * | Geokinetics, Inc | 6 | ||||
422 | * | Georesources, Inc | 4 | ||||
6,001 | * | Global Industries Ltd | 34 | ||||
1,351 | * | GMX Resources, Inc | 14 | ||||
1,342 | * | Goodrich Petroleum Corp | 33 | ||||
1,573 | * | Gulfport Energy Corp | 11 | ||||
50,871 | Halliburton Co | 1,053 | |||||
2,496 | * | Harvest Natural Resources, Inc | 11 | ||||
5,489 | * | Helix Energy Solutions Group, Inc | 60 | ||||
6,223 | Helmerich & Payne, Inc | 192 | |||||
5,316 | * | Hercules Offshore, Inc | 21 | ||||
61 | * | Isramco, Inc | 6 | ||||
597 | Kayne Anderson Energy Development Co | 8 | |||||
7,484 | * | Key Energy Services, Inc | 43 | ||||
5,069 | * | Mariner Energy, Inc | 60 | ||||
3,025 | * | McMoRan Exploration Co | 18 | ||||
16,458 | * | Nabors Industries Ltd | 256 | ||||
23,736 | * | National Oilwell Varco, Inc | 775 | ||||
7,341 | * | Newfield Exploration Co | 240 | ||||
5,171 | * | Newpark Resources, Inc | 15 | ||||
9,771 | Noble Energy, Inc | 576 | |||||
1,187 | * | Northern Oil And Gas, Inc | 8 | ||||
46,581 | Occidental Petroleum Corp | 3,066 | |||||
3,256 | * | Oceaneering International, Inc | 147 | ||||
9,895 | * | Oilsands Quest, Inc | 9 | ||||
447 | Panhandle Oil and Gas, Inc (Class A) | 9 | |||||
2,487 | * | Parallel Petroleum Corp | 5 | ||||
6,555 | * | Parker Drilling Co | 28 |
38
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
9,098 | Patterson-UTI Energy, Inc | $ | 117 | ||||
2,491 | Penn Virginia Corp | 41 | |||||
15,852 | * | PetroHawk Energy Corp | 353 | ||||
1,000 | * | Petroleum Development Corp | 16 | ||||
2,768 | * | Petroquest Energy, Inc | 10 | ||||
2,681 | * | Pioneer Drilling Co | 13 | ||||
6,686 | Pioneer Natural Resources Co | 170 | |||||
6,709 | * | Plains Exploration & Production Co | 184 | ||||
940 | * | PowerSecure International, Inc | 4 | ||||
9,575 | * | Pride International, Inc | 240 | ||||
6,285 | * | Quicksilver Resources, Inc | 58 | ||||
8,831 | Range Resources Corp | 366 | |||||
989 | * | Rex Energy Corp | 6 | ||||
6,543 | Rowan Cos, Inc | 126 | |||||
1,462 | RPC, Inc | 12 | |||||
68,216 | Schlumberger Ltd | 3,692 | |||||
1,221 | * | SEACOR Holdings, Inc | 92 | ||||
12,643 | Smith International, Inc | 326 | |||||
19,908 | * | Southwestern Energy Co | 774 | ||||
3,800 | St. Mary Land & Exploration Co | 79 | |||||
1,763 | * | Stone Energy Corp | 13 | ||||
3,221 | * | Sulphco, Inc | 3 | ||||
4,723 | * | Superior Energy Services | 82 | ||||
989 | * | Superior Well Services, Inc | 6 | ||||
1,701 | * | Swift Energy Co | 28 | ||||
3,388 | * | Syntroleum Corp | 7 | ||||
4,475 | * | Tetra Technologies, Inc | 36 | ||||
3,048 | Tidewater, Inc | 131 | |||||
942 | Toreador Resources Corp | 6 | |||||
500 | * | Union Drilling, Inc | 3 | ||||
2,592 | * | Unit Corp | 71 | ||||
3,680 | * | Vaalco Energy, Inc | 16 | ||||
1,213 | * | Venoco, Inc | 9 | ||||
1,693 | W&T Offshore, Inc | 16 | |||||
3,436 | * | Warren Resources, Inc | 8 | ||||
2,765 | * | Whiting Petroleum Corp | 97 | ||||
2,395 | * | Willbros Group, Inc | 30 | ||||
32,904 | XTO Energy, Inc | 1,255 | |||||
680 | * | Zion Oil & Gas, Inc | 7 | ||||
TOTAL OIL AND GAS EXTRACTION | 24,755 | ||||||
PAPER AND ALLIED PRODUCTS - 0.46% | |||||||
5,898 | Bemis Co | 149 | |||||
2,317 | * | Buckeye Technologies, Inc | 10 | ||||
3,345 | * | Cenveo, Inc | 14 | ||||
2,260 | * | Domtar Corporation | 38 | ||||
2,970 | Glatfelter | 26 | |||||
7,030 | * | Graphic Packaging Holding Co | 13 | ||||
1,990 | Greif, Inc (Class A) | 88 | |||||
24,643 | International Paper Co | 374 | |||||
1,036 | * | Kapstone Paper and Packaging Corp | 5 | ||||
23,836 | Kimberly-Clark Corp | 1,250 | |||||
9,835 | MeadWestvaco Corp | 161 | |||||
1,075 | Neenah Paper, Inc | 9 | |||||
266 | * | Orchids Paper Products Co | 5 | ||||
5,657 | Packaging Corp of America | 92 | |||||
2,293 | Rock-Tenn Co (Class A) | 88 | |||||
1,004 | Schweitzer-Mauduit International, Inc | 27 | |||||
5,253 | Sonoco Products Co | 126 | |||||
6,135 | Temple-Inland, Inc | 80 | |||||
2,666 | Wausau Paper Corp | 18 | |||||
TOTAL PAPER AND ALLIED PRODUCTS | 2,573 | ||||||
PERSONAL SERVICES - 0.15% | |||||||
7,099 | Cintas Corp | 162 | |||||
1,574 | * | Coinstar, Inc | 42 |
39
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
276 | CPI Corp | $ | 5 | ||||
1,242 | G & K Services, Inc (Class A) | 26 | |||||
19,026 | H&R Block, Inc | 328 | |||||
2,055 | Jackson Hewitt Tax Service, Inc | 13 | |||||
638 | * | Mac-Gray Corp | 8 | ||||
2,615 | Regis Corp | 46 | |||||
5,024 | * | Sally Beauty Holdings, Inc | 32 | ||||
14,711 | Service Corp International | 81 | |||||
956 | * | Steiner Leisure Ltd | 29 | ||||
864 | Unifirst Corp | 32 | |||||
2,092 | Weight Watchers International, Inc | 54 | |||||
TOTAL PERSONAL SERVICES | 858 | ||||||
PETROLEUM AND COAL PRODUCTS - 6.13% | |||||||
783 | Alon USA Energy, Inc | 8 | |||||
4,098 | Ashland, Inc | 115 | |||||
114,848 | Chevron Corp | 7,609 | |||||
84,988 | ConocoPhillips | 3,575 | |||||
1,100 | * | CVR Energy, Inc | 8 | ||||
683 | Delek US Holdings, Inc | 6 | |||||
279,357 | c | Exxon Mobil Corp | 19,529 | ||||
5,933 | Frontier Oil Corp | 78 | |||||
11,159 | * | Gran Tierra Energy, Inc | 38 | ||||
2,769 | * | Headwaters, Inc | 9 | ||||
16,403 | Hess Corp | 882 | |||||
2,601 | Holly Corp | 47 | |||||
40,698 | Marathon Oil Corp | 1,226 | |||||
10,867 | Murphy Oil Corp | 590 | |||||
610 | Quaker Chemical Corp | 8 | |||||
6,984 | * | SandRidge Energy, Inc | 60 | ||||
6,379 | Sunoco, Inc | 148 | |||||
8,041 | Tesoro Corp | 102 | |||||
29,742 | Valero Energy Corp | 502 | |||||
1,100 | WD-40 Co | 32 | |||||
1,509 | * | Western Refining, Inc | 11 | ||||
TOTAL PETROLEUM AND COAL PRODUCTS | 34,583 | ||||||
PIPELINES, EXCEPT NATURAL GAS - 0.11% | |||||||
36,633 | Spectra Energy Corp | 620 | |||||
TOTAL PIPELINES, EXCEPT NATURAL GAS | 620 | ||||||
PRIMARY METAL INDUSTRIES - 0.90% | |||||||
6,022 | AK Steel Holding Corp | 116 | |||||
54,966 | Alcoa, Inc | 567 | |||||
5,687 | Allegheny Technologies, Inc | 199 | |||||
2,599 | Belden CDT, Inc | 43 | |||||
1,200 | * | Brush Engineered Materials, Inc | 20 | ||||
2,179 | Carpenter Technology Corp | 45 | |||||
2,331 | * | Century Aluminum Co | 15 | ||||
4,687 | * | CommScope, Inc | 123 | ||||
89,120 | Corning, Inc | 1,431 | |||||
840 | Encore Wire Corp | 18 | |||||
849 | * | Fushi Copperweld, Inc | 7 | ||||
2,897 | * | General Cable Corp | 109 | ||||
636 | * | General Steel Holdings, Inc | 3 | ||||
1,633 | Gibraltar Industries, Inc | 11 | |||||
769 | * | Haynes International, Inc | 18 | ||||
2,056 | * | Horsehead Holding Corp | 15 | ||||
2,750 | Hubbell, Inc (Class B) | 88 | |||||
1,872 | Matthews International Corp (Class A) | 59 | |||||
1,459 | * | Metalico, Inc | 7 | ||||
2,227 | Mueller Industries, Inc | 46 | |||||
625 | * | Northwest Pipe Co | 22 | ||||
18,071 | Nucor Corp | 802 | |||||
529 | Olympic Steel, Inc | 13 | |||||
7,882 | Precision Castparts Corp | 576 |
40
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,496 | * | RTI International Metals, Inc | $ | 26 | |||
1,268 | Schnitzer Steel Industries, Inc (Class A) | 67 | |||||
10,117 | Steel Dynamics, Inc | 149 | |||||
1,393 | Texas Industries, Inc | 44 | |||||
5,118 | Titanium Metals Corp | 47 | |||||
1,864 | Tredegar Corp | 25 | |||||
8,037 | United States Steel Corp | 287 | |||||
400 | * | Universal Stainless & Alloy | 7 | ||||
2,636 | * | Uranium Energy Corp | 8 | ||||
3,596 | Worthington Industries, Inc | 46 | |||||
TOTAL PRIMARY METAL INDUSTRIES | 5,059 | ||||||
PRINTING AND PUBLISHING - 0.31% | |||||||
2,726 | * | ACCO Brands Corp | 8 | ||||
2,371 | American Greetings Corp (Class A) | 28 | |||||
5,182 | Belo (A.H.) Corp (Class A) | 9 | |||||
1,725 | Bowne & Co, Inc | 11 | |||||
1,173 | * | China Information Security Technology, Inc | 3 | ||||
594 | * | Consolidated Graphics, Inc | 10 | ||||
594 | Courier Corp | 9 | |||||
269 | CSS Industries, Inc | 5 | |||||
1,664 | * | Dolan Media Co | 21 | ||||
3,040 | Dun & Bradstreet Corp | 248 | |||||
1,693 | Ennis, Inc | 21 | |||||
1,802 | EW Scripps Co (Class A) | 4 | |||||
13,154 | Gannett Co, Inc | 47 | |||||
2,433 | Harte-Hanks, Inc | 23 | |||||
2,075 | John Wiley & Sons, Inc (Class A) | 69 | |||||
2,807 | Journal Communications, Inc (Class A) | 3 | |||||
1,522 | * | Martha Stewart Living Omnimedia, Inc (Class A) | 5 | ||||
18,134 | McGraw-Hill Cos, Inc | 546 | |||||
2,056 | Meredith Corp | 53 | |||||
5,567 | * | MSCI, Inc (Class A) | 136 | ||||
514 | Multi-Color Corp | 6 | |||||
6,031 | New York Times Co (Class A) | 33 | |||||
945 | * | Playboy Enterprises, Inc (Class B) | 2 | ||||
1,637 | Primedia, Inc | 3 | |||||
11,854 | R.R. Donnelley & Sons Co | 139 | |||||
977 | Schawk, Inc (Class A) | 7 | |||||
1,378 | Scholastic Corp | 27 | |||||
1,179 | Standard Register Co | 4 | |||||
3,018 | * | Valassis Communications, Inc | 18 | ||||
2,519 | * | VistaPrint Ltd | 107 | ||||
329 | Washington Post Co (Class B) | 116 | |||||
TOTAL PRINTING AND PUBLISHING | 1,721 | ||||||
RAILROAD TRANSPORTATION - 0.76% | |||||||
15,103 | Burlington Northern Santa Fe Corp | 1,111 | |||||
22,465 | CSX Corp | 778 | |||||
1,841 | * | Genesee & Wyoming, Inc (Class A) | 49 | ||||
4,849 | * | Kansas City Southern Industries, Inc | 78 | ||||
21,040 | Norfolk Southern Corp | 793 | |||||
28,904 | Union Pacific Corp | 1,504 | |||||
TOTAL RAILROAD TRANSPORTATION | 4,313 | ||||||
REAL ESTATE - 0.08% | |||||||
12,413 | * | CB Richard Ellis Group, Inc (Class A) | 116 | ||||
1,496 | * | China Housing & Land Development, Inc | 9 | ||||
378 | Consolidated-Tomoka Land Co | 13 | |||||
1,553 | DuPont Fabros Technology, Inc | 15 | |||||
5,952 | Forest City Enterprises, Inc (Class A) | 39 | |||||
2,159 | * | Forestar Real Estate Group, Inc | 26 | ||||
1,906 | Jones Lang LaSalle, Inc | 62 | |||||
1,663 | * | LoopNet, Inc | 13 | ||||
699 | * | Reading International, Inc | 3 |
41
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
5,424 | * | St. Joe Co | $ | 144 | |||
4,084 | Stewart Enterprises, Inc (Class A) | 20 | |||||
TOTAL REAL ESTATE | 460 | ||||||
RUBBER AND MISCELLANEOUS PLASTIC PRODUCTS - 0.15% | |||||||
1,547 | A. Schulman, Inc | 23 | |||||
449 | * | AEP Industries, Inc | 12 | ||||
3,774 | Cooper Tire & Rubber Co | 37 | |||||
781 | * | Deckers Outdoor Corp | 55 | ||||
13,460 | * | Goodyear Tire & Rubber Co | 152 | ||||
881 | * | Metabolix, Inc | 7 | ||||
15,987 | Newell Rubbermaid, Inc | 167 | |||||
8,412 | Sealed Air Corp | 155 | |||||
1,985 | * | Skechers U.S.A., Inc (Class A) | 19 | ||||
2,188 | Spartech Corp | 20 | |||||
1,848 | Titan International, Inc | 14 | |||||
714 | * | Trex Co, Inc | 10 | ||||
3,650 | Tupperware Corp | 95 | |||||
2,061 | West Pharmaceutical Services, Inc | 72 | |||||
TOTAL RUBBER AND MISCELLANEOUS PLASTIC PRODUCTS | 838 | ||||||
SECURITY AND COMMODITY BROKERS - 2.51% | |||||||
12,727 | Ameriprise Financial, Inc | 309 | |||||
1,121 | BlackRock, Inc | 197 | |||||
1,845 | * | Broadpoint Securities Group, Inc | 10 | ||||
8,286 | Broadridge Financial Solutions, Inc | 137 | |||||
1,288 | Calamos Asset Management, Inc (Class A) | 18 | |||||
54,106 | Charles Schwab Corp | 949 | |||||
3,815 | CME Group, Inc | 1,188 | |||||
1,086 | Cohen & Steers, Inc | 16 | |||||
118 | Diamond Hill Investment Group, Inc | 5 | |||||
800 | Duff & Phelps Corp | 14 | |||||
25,192 | * | E*Trade Financial Corp | 32 | ||||
6,496 | Eaton Vance Corp | 174 | |||||
737 | Epoch Holding Corp | 6 | |||||
528 | Evercore Partners, Inc (Class A) | 10 | |||||
1,478 | * | FBR Capital Markets Corp | 7 | ||||
1,364 | * | FCStone Group, Inc | 5 | ||||
5,287 | Federated Investors, Inc (Class B) | 127 | |||||
973 | Fifth Street Finance Corp | 10 | |||||
8,750 | Franklin Resources, Inc | 630 | |||||
448 | GAMCO Investors, Inc (Class A) | 22 | |||||
3,928 | GFI Group, Inc | 26 | |||||
28,769 | Goldman Sachs Group, Inc | 4,243 | |||||
1,134 | Greenhill & Co, Inc | 82 | |||||
2,464 | * | Interactive Brokers Group, Inc (Class A) | 38 | ||||
4,158 | * | IntercontinentalExchange, Inc | 475 | ||||
23,388 | Invesco Ltd | 417 | |||||
2,642 | * | Investment Technology Group, Inc | 54 | ||||
9,425 | Janus Capital Group, Inc | 107 | |||||
6,767 | * | Jefferies Group, Inc | 144 | ||||
822 | JMP Group, Inc | 6 | |||||
1,881 | * | KBW, Inc | 54 | ||||
5,354 | * | Knight Capital Group, Inc (Class A) | 91 | ||||
3,465 | * | LaBranche & Co, Inc | 15 | ||||
4,456 | Lazard Ltd (Class A) | 120 | |||||
8,138 | Legg Mason, Inc | 198 | |||||
1,518 | * | MarketAxess Holdings, Inc | 14 | ||||
5,600 | * | MF Global Ltd | 33 | ||||
72,650 | Morgan Stanley | 2,072 | |||||
980 | * | Morningstar, Inc | 40 | ||||
7,620 | * | Nasdaq Stock Market, Inc | 162 | ||||
14,999 | NYSE Euronext | 409 | |||||
404 | Oppenheimer Holdings, Inc | 9 | |||||
2,681 | optionsXpress Holdings, Inc | 42 | |||||
879 | * | Penson Worldwide, Inc | 8 | ||||
1,153 | * | Piper Jaffray Cos | 50 | ||||
5,630 | Raymond James Financial, Inc | 97 |
42
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
870 | Sanders Morris Harris Group, Inc | $ | 5 | |||||
7,317 | SEI Investments Co | 132 | ||||||
1,504 | * | Stifel Financial Corp | 72 | |||||
1,726 | SWS Group, Inc | 24 | ||||||
14,758 | T Rowe Price Group, Inc | 615 | ||||||
14,548 | * | TD Ameritrade Holding Corp | 255 | |||||
7 | *,m | Teton Advisors, Inc | — | ^ | ||||
1,322 | * | Thomas Weisel Partners Group, Inc | 8 | |||||
702 | US Global Investors, Inc (Class A) | 7 | ||||||
98 | Value Line, Inc | 3 | ||||||
5,130 | Waddell & Reed Financial, Inc (Class A) | 135 | ||||||
322 | Westwood Holdings Group, Inc | 13 | ||||||
TOTAL SECURITY AND COMMODITY BROKERS | 14,141 | |||||||
SOCIAL SERVICES - 0.00%** | ||||||||
1,396 | * | Capital Senior Living Corp | 6 | |||||
617 | * | Providence Service Corp | 7 | |||||
1,211 | * | Res-Care, Inc | 18 | |||||
TOTAL SOCIAL SERVICES | 31 | |||||||
SPECIAL TRADE CONTRACTORS - 0.10% | ||||||||
246 | Alico, Inc | 7 | ||||||
1,763 | * | AsiaInfo Holdings, Inc | 30 | |||||
1,154 | Chemed Corp | 45 | ||||||
2,642 | Comfort Systems USA, Inc | 27 | ||||||
2,490 | * | Dycom Industries, Inc | 28 | |||||
3,912 | * | EMCOR Group, Inc | 78 | |||||
1,981 | * | Insituform Technologies, Inc (Class A) | 34 | |||||
797 | * | Integrated Electrical Services, Inc | 6 | |||||
1,155 | * | Layne Christensen Co | 24 | |||||
11,146 | * | Quanta Services, Inc | 258 | |||||
TOTAL SPECIAL TRADE CONTRACTORS | 537 | |||||||
STONE, CLAY, AND GLASS PRODUCTS - 0.57% | ||||||||
39,879 | 3M Co | 2,397 | ||||||
1,848 | Apogee Enterprises, Inc | 23 | ||||||
1,041 | * | Cabot Microelectronics Corp | 29 | |||||
1,232 | CARBO Ceramics, Inc | 42 | ||||||
2,603 | Eagle Materials, Inc | 66 | ||||||
8,032 | Gentex Corp | 93 | ||||||
2,473 | Martin Marietta Materials, Inc | 195 | ||||||
4,633 | * | Owens Corning, Inc | 59 | |||||
9,677 | * | Owens-Illinois, Inc | 271 | |||||
2,151 | * | US Concrete, Inc | 4 | |||||
2,551 | * | USG Corp | 26 | |||||
TOTAL STONE, CLAY, AND GLASS PRODUCTS | 3,205 | |||||||
TEXTILE MILL PRODUCTS - 0.03% | ||||||||
1,703 | Albany International Corp (Class A) | 19 | ||||||
3,257 | Interface, Inc (Class A) | 20 | ||||||
3,206 | * | Mohawk Industries, Inc | 115 | |||||
874 | Oxford Industries, Inc | 10 | ||||||
TOTAL TEXTILE MILL PRODUCTS | 164 | |||||||
TOBACCO PRODUCTS - 1.39% | ||||||||
118,551 | Altria Group, Inc | 1,943 | ||||||
8,648 | Fortune Brands, Inc | 300 | ||||||
9,780 | Lorillard, Inc | 663 | ||||||
112,450 | Philip Morris International, Inc | 4,906 |
43
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
1,060 | Universal Corp | $ | 35 | ||||
1,125 | Vector Group Ltd | 16 | |||||
TOTAL TOBACCO PRODUCTS | 7,863 | ||||||
TRANSPORTATION BY AIR - 0.36% | |||||||
677 | * | Air Methods Corp | 19 | ||||
3,234 | * | Air Transport Services Group, Inc | 8 | ||||
6,646 | * | Airtran Holdings, Inc | 41 | ||||
2,285 | * | Alaska Air Group, Inc | 42 | ||||
804 | * | Allegiant Travel Co | 32 | ||||
16,224 | * | AMR Corp | 65 | ||||
809 | * | Atlas Air Worldwide Holdings, Inc | 18 | ||||
1,579 | * | Bristow Group, Inc | 47 | ||||
6,782 | * | Continental Airlines, Inc (Class B) | 60 | ||||
1,785 | Copa Holdings S.A. (Class A) | 73 | |||||
43,562 | * | Delta Air Lines, Inc | 252 | ||||
17,588 | FedEx Corp | 979 | |||||
2,405 | * | Hawaiian Holdings, Inc | 14 | ||||
12,519 | * | JetBlue Airways Corp | 53 | ||||
882 | * | PHI, Inc | 15 | ||||
2,007 | * | Republic Airways Holdings, Inc | 13 | ||||
2,935 | Skywest, Inc | 30 | |||||
43,160 | Southwest Airlines Co | 291 | |||||
7,781 | UAL Corp | 25 | |||||
7,520 | * | US Airways Group, Inc | 18 | ||||
TOTAL TRANSPORTATION BY AIR | 2,095 | ||||||
TRANSPORTATION EQUIPMENT - 2.22% | |||||||
1,197 | A.O. Smith Corp | 39 | |||||
2,061 | * | AAR Corp | 33 | ||||
685 | * | Aerovironment, Inc | 21 | ||||
2,719 | American Axle & Manufacturing Holdings, Inc | 9 | |||||
569 | American Railcar Industries, Inc | 5 | |||||
1,306 | * | Amerigon, Inc (Class A) | 8 | ||||
4,699 | ArvinMeritor, Inc | 21 | |||||
1,245 | * | ATC Technology Corp | 18 | ||||
4,971 | Autoliv, Inc | 143 | |||||
5,637 | * | BE Aerospace, Inc | 81 | ||||
41,694 | Boeing Co | 1,772 | |||||
5,519 | Brunswick Corp | 24 | |||||
3,028 | Clarcor, Inc | 88 | |||||
940 | * | Cogo Group, Inc | 6 | ||||
5,941 | * | Dana Holding Corp | 8 | ||||
466 | * | Dorman Products, Inc | 6 | ||||
636 | Ducommun, Inc | 12 | |||||
996 | * | Federal Mogul Corp (Class A) | 9 | ||||
3,085 | Federal Signal Corp | 24 | |||||
4,014 | * | Force Protection, Inc | 35 | ||||
178,565 | * | Ford Motor Co | 1,083 | ||||
809 | Freightcar America, Inc | 14 | |||||
735 | * | Fuel Systems Solutions, Inc | 15 | ||||
3,656 | * | GenCorp, Inc | 7 | ||||
19,902 | General Dynamics Corp | 1,102 | |||||
516 | * | GenTek, Inc | 12 | ||||
9,112 | Genuine Parts Co | 306 | |||||
6,790 | Goodrich Corp | 339 | |||||
869 | Greenbrier Cos, Inc | 6 | |||||
1,483 | Group 1 Automotive, Inc | 39 | |||||
13,077 | Harley-Davidson, Inc | 212 | |||||
4,726 | Harsco Corp | 134 | |||||
1,232 | Heico Corp | 45 | |||||
42,724 | Honeywell International, Inc | 1,342 | |||||
1,612 | Kaman Corp | 27 | |||||
1,411 | * | Lear Corp | 1 | ||||
533 | * | LMI Aerospace, Inc | 5 | ||||
18,341 | Lockheed Martin Corp | 1,479 | |||||
300 | * | Miller Industries, Inc | 3 |
44
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
3,502 | * | Navistar International Corp | $ | 153 | |||
3,448 | * | Orbital Sciences Corp | 52 | ||||
3,992 | Oshkosh Truck Corp | 58 | |||||
20,871 | Paccar, Inc | 679 | |||||
1,834 | Polaris Industries, Inc | 59 | |||||
196 | Portec Rail Products, Inc | 2 | |||||
1,983 | Spartan Motors, Inc | 22 | |||||
6,221 | * | Spirit Aerosystems Holdings, Inc (Class A) | 85 | ||||
633 | * | Standard Motor Products, Inc | 5 | ||||
1,472 | Superior Industries International, Inc | 21 | |||||
2,719 | * | Tenneco, Inc | 29 | ||||
2,119 | Thor Industries, Inc | 39 | |||||
187 | * | Todd Shipyards Corp | 3 | ||||
2,021 | * | TransDigm Group, Inc | 73 | ||||
4,541 | Trinity Industries, Inc | 62 | |||||
984 | Triumph Group, Inc | 39 | |||||
2,648 | * | TRW Automotive Holdings Corp | 30 | ||||
48,034 | United Technologies Corp | 2,495 | |||||
2,827 | Westinghouse Air Brake Technologies Corp | 91 | |||||
1,944 | Winnebago Industries, Inc | 14 | |||||
817 | * | Wonder Auto Technology, Inc | 8 | ||||
TOTAL TRANSPORTATION EQUIPMENT | 12,552 | ||||||
TRANSPORTATION SERVICES - 0.21% | |||||||
1,330 | Ambassadors Group, Inc | 18 | |||||
9,711 | CH Robinson Worldwide, Inc | 506 | |||||
783 | * | Dynamex, Inc | 12 | ||||
12,198 | Expeditors International Washington, Inc | 407 | |||||
2,753 | GATX Corp | 71 | |||||
2,332 | * | Hub Group, Inc (Class A) | 48 | ||||
2,163 | * | Interval Leisure Group, Inc | 20 | ||||
2,500 | * | Orbitz Worldwide, Inc | 5 | ||||
2,338 | Pacer International, Inc | 5 | |||||
590 | * | Universal Travel Group | 7 | ||||
6,068 | UTI Worldwide, Inc | 69 | |||||
TOTAL TRANSPORTATION SERVICES | 1,168 | ||||||
TRUCKING AND WAREHOUSING - 0.46% | |||||||
1,500 | Arkansas Best Corp | 39 | |||||
1,483 | * | Celadon Group, Inc | 12 | ||||
2,504 | Con-way, Inc | 88 | |||||
1,921 | Forward Air Corp | 41 | |||||
3,489 | Heartland Express, Inc | 51 | |||||
4,893 | J.B. Hunt Transport Services, Inc | 149 | |||||
3,148 | Landstar System, Inc | 113 | |||||
952 | * | Marten Transport Ltd | 20 | ||||
1,717 | * | Old Dominion Freight Line | 58 | ||||
103 | * | Patriot Transportation Holding, Inc | 8 | ||||
900 | * | Saia, Inc | 16 | ||||
39,284 | United Parcel Service, Inc (Class B) | 1,965 | |||||
200 | Universal Truckload Services, Inc | 3 | |||||
429 | * | USA Truck, Inc | 6 | ||||
2,010 | Werner Enterprises, Inc | 36 | |||||
3,415 | * | YRC Worldwide, Inc | 6 | ||||
TOTAL TRUCKING AND WAREHOUSING | 2,611 | ||||||
WATER TRANSPORTATION - 0.25% | |||||||
2,122 | Alexander & Baldwin, Inc | 50 | |||||
694 | * | American Commercial Lines, Inc | 11 | ||||
25,204 | Carnival Corp | 649 | |||||
2,362 | DHT Maritime, Inc | 12 | |||||
2,567 | Eagle Bulk Shipping, Inc | 12 | |||||
2,983 | Frontline Ltd | 73 | |||||
1,322 | Genco Shipping & Trading Ltd | 29 | |||||
2,956 | General Maritime Corp | 29 | |||||
2,142 | Golar LNG Ltd | 18 | |||||
1,244 | * | Gulfmark Offshore, Inc | 34 |
45
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | |||||
2,063 | Horizon Lines, Inc (Class A) | $ | 8 | ||||
1,509 | * | Hornbeck Offshore Services, Inc | 32 | ||||
357 | International Shipholding Corp | 10 | |||||
3,228 | * | Kirby Corp | 103 | ||||
1,036 | Knightsbridge Tankers Ltd | 14 | |||||
2,356 | Nordic American Tanker Shipping | 75 | |||||
2,450 | * | Odyssey Marine Exploration, Inc | 4 | ||||
1,191 | Overseas Shipholding Group, Inc | 41 | |||||
7,527 | Royal Caribbean Cruises Ltd | 102 | |||||
2,365 | Ship Finance International Ltd | 26 | |||||
400 | * | TBS International Ltd (Class A) | 3 | ||||
2,428 | Teekay Corp | 51 | |||||
800 | Teekay Tankers Ltd (Class A) | 7 | |||||
931 | * | Ultrapetrol Bahamas Ltd | 4 | ||||
TOTAL WATER TRANSPORTATION | 1,397 | ||||||
WHOLESALE TRADE-DURABLE GOODS - 0.38% | |||||||
1,334 | Agilysys, Inc | 6 | |||||
2,206 | Applied Industrial Technologies, Inc | 43 | |||||
6,511 | * | Arrow Electronics, Inc | 138 | ||||
2,819 | Barnes Group, Inc | 34 | |||||
2,807 | * | Beacon Roofing Supply, Inc | 41 | ||||
6,738 | BorgWarner, Inc | 230 | |||||
1,087 | Castle (A.M.) & Co | 13 | |||||
671 | * | Chindex International, Inc | 8 | ||||
1,671 | * | Conceptus, Inc | 28 | ||||
1,204 | * | DemandTec, Inc | 11 | ||||
1,490 | * | Digi International, Inc | 15 | ||||
1,195 | * | Drew Industries, Inc | 15 | ||||
292 | Eastern Co | 5 | |||||
1,438 | * | Hansen Medical, Inc | 7 | ||||
800 | Houston Wire & Cable Co | 10 | |||||
9,316 | * | Ingram Micro, Inc (Class A) | 162 | ||||
2,496 | * | Insight Enterprises, Inc | 24 | ||||
1,758 | * | Interline Brands, Inc | 24 | ||||
3,018 | Knight Transportation, Inc | 50 | |||||
300 | Lawson Products, Inc | 4 | |||||
8,123 | * | LKQ Corp | 134 | ||||
2,043 | * | MedAssets, Inc | 40 | ||||
1,413 | * | Merge Healthcare, Inc | 6 | ||||
620 | * | MWI Veterinary Supply, Inc | 22 | ||||
2,152 | Owens & Minor, Inc | 94 | |||||
6,003 | * | Patterson Cos, Inc | 131 | ||||
2,583 | PEP Boys - Manny Moe & Jack | 26 | |||||
3,009 | Pool Corp | 50 | |||||
3,039 | * | PSS World Medical, Inc | 56 | ||||
3,664 | Reliance Steel & Aluminum Co | 141 | |||||
3,802 | * | Solera Holdings, Inc | 96 | ||||
511 | * | Sport Supply Group, Inc | 4 | ||||
2,618 | * | Tech Data Corp | 86 | ||||
433 | * | Titan Machinery, Inc | 5 | ||||
2,452 | * | TomoTherapy, Inc | 7 | ||||
2,146 | * | Tyler Technologies, Inc | 34 | ||||
3,621 | W.W. Grainger, Inc | 296 | |||||
2,519 | * | WESCO International, Inc | 63 | ||||
640 | * | West Marine, Inc | 3 | ||||
TOTAL WHOLESALE TRADE-DURABLE GOODS | 2,162 | ||||||
WHOLESALE TRADE-NONDURABLE GOODS - 0.62% | |||||||
1,483 | Aceto Corp | 10 | |||||
4,761 | Airgas, Inc | 193 | |||||
2,860 | * | Akorn, Inc | 3 | ||||
5,454 | * | Alliance One International, Inc | 21 | ||||
3,940 | Allscripts Healthcare Solutions, Inc | 62 | |||||
962 | Andersons, Inc | 29 |
46
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | RATE | MATURITY DATE | VALUE (000) | ||||||||
3,641 | * | Bare Escentuals, Inc | $ | 32 | ||||||||
2,298 | * | BioScrip, Inc | 14 | |||||||||
1,671 | * | BMP Sunstone Corp | 8 | |||||||||
5,333 | Brown-Forman Corp (Class B) | 229 | ||||||||||
20,205 | Cardinal Health, Inc | 617 | ||||||||||
2,480 | * | Central European Distribution Corp | 66 | |||||||||
712 | * | Clearwater Paper Corp | 18 | |||||||||
638 | * | Core-Mark Holding Co, Inc | 17 | |||||||||
1 | * | CPEX Pharmaceuticals, Inc | — | ^ | ||||||||
9,986 | * | Dean Foods Co | 192 | |||||||||
6,595 | * | Endo Pharmaceuticals Holdings, Inc | 118 | |||||||||
2,503 | * | Fresh Del Monte Produce, Inc | 41 | |||||||||
1,678 | * | Green Mountain Coffee Roasters, Inc | 99 | |||||||||
2,432 | * | Hain Celestial Group, Inc | 38 | |||||||||
5,317 | * | Henry Schein, Inc | 255 | |||||||||
3,687 | Herbalife Ltd | 116 | ||||||||||
500 | Kenneth Cole Productions, Inc (Class A) | 4 | ||||||||||
1,430 | K-Swiss, Inc (Class A) | 12 | ||||||||||
901 | * | LSB Industries, Inc | 15 | |||||||||
2,734 | Men’s Wearhouse, Inc | 52 | ||||||||||
1,570 | Myers Industries, Inc | 13 | ||||||||||
785 | Nash Finch Co | 21 | ||||||||||
3,049 | Nu Skin Enterprises, Inc (Class A) | 47 | ||||||||||
804 | * | Perry Ellis International, Inc | 6 | |||||||||
913 | * | School Specialty, Inc | 18 | |||||||||
1,382 | Spartan Stores, Inc | 17 | ||||||||||
626 | * | Synutra International, Inc | 7 | |||||||||
34,194 | Sysco Corp | 769 | ||||||||||
5,551 | Terra Industries, Inc | 134 | ||||||||||
1,886 | * | Tractor Supply Co | 77 | |||||||||
2,582 | * | United Natural Foods, Inc | 68 | |||||||||
1,202 | * | United Stationers, Inc | 42 | |||||||||
423 | Valhi, Inc | 3 | ||||||||||
849 | * | Volcom, Inc | 11 | |||||||||
1,325 | Zep, Inc | 16 | ||||||||||
1,070 | * | Zhongpin, Inc | 11 | |||||||||
TOTAL WHOLESALE TRADE-NONDURABLE GOODS | 3,521 | |||||||||||
TOTAL COMMON STOCKS (Cost $579,080) | 563,591 | |||||||||||
PRINCIPAL | ISSUER | |||||||||||
SHORT-TERM INVESTMENTS - 0.02% | ||||||||||||
U.S. GOVERNMENT AND AGENCIES DISCOUNT NOTES - 0.01% | ||||||||||||
$52,000 | Federal National Mortgage Association (FNMA) | 0.000% | 08/10/09 |
| 52 |
| ||||||
TOTAL U.S. GOVERNMENT AND AGENCIES DISCOUNT NOTES | 52 | |||||||||||
U.S. TREASURY BILLS - 0.01% | ||||||||||||
80,000 | United States Treasury Bill | 0.000 | 09/03/09 | 80 | ||||||||
TOTAL U.S. TREASURY BILLS | 80 | |||||||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $132) | 132 | |||||||||||
TOTAL PORTFOLIO - 99.94% (Cost $579,212) | 563,723 | |||||||||||
OTHER ASSETS AND LIABILITIES, NET - 0.06% | 347 | |||||||||||
NET ASSETS - 100.00% | $564,070 | |||||||||||
47
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
* | Non-income producing |
** | Percentage represents less than 0.01%. |
^ | Amount represents less than $1,000. |
c | All or a portion of these securities have been segregated by the Custodian to cover margin or other requirements on open future contracts in the amount of $9,018. |
m | Indicates a security that has been deemed illiquid. |
Cost amounts are in thousands.
48
Item 7. | Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies. |
Not Applicable.
Item 8. | Portfolio Managers of Closed-End Management Investment Companies. |
Not Applicable.
Item 9. | Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers. |
Not Applicable.
Item 10. | Submission of Matters to a Vote of Security Holders. |
There were no material changes to the procedures by which shareholders may recommend nominees to the Registrant’s Management Committee.
Item 11. | Controls and Procedures. |
(a) An evaluation was performed within 90 days from the date hereof under the supervision of the Registrant’s management, including the principal executive officer and principal financial officer, of the effectiveness of the design and operation of the Registrant’s disclosure controls and procedures. Based on that evaluation, the Registrant’s management, including the principal executive officer and principal financial officer, concluded that the Registrant’s disclosure controls and procedures were effective for this semi-annual reporting period.
(b) There were no changes in the Registrant’s internal control over financial reporting that occurred during the Registrant’s last fiscal half-year that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
Item 12. | Exhibits. |
12(a)(2)(i) Section 302 certification of the principal executive officer
12(a)(2)(ii) Section 302 certification of the principal financial officer
12(b) Section 906 certification of principal executive officer and principal financial officer
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
TIAA SEPARATE ACCOUNT VA-1 | ||||
Date: August 24, 2009 | By: | /s/ Roger W. Ferguson, Jr. | ||
Roger W. Ferguson, Jr. | ||||
President and Chief Executive Officer |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
Date: August 24, 2009 | By: | /s/ Roger W. Ferguson, Jr. | ||
Roger W. Ferguson, Jr. | ||||
President and Chief Executive Officer | ||||
(principal executive officer) |
Date: August 24, 2009 | By: | /s/ Phillip G. Goff | ||
Phillip G. Goff | ||||
Principal Financial Officer, Principal Accounting Officer and Treasurer | ||||
(principal financial officer) |
EXHIBIT INDEX
Item 12. | Exhibits. |
12(a)(2)(i) Section 302 certification of the principal executive officer
12(a)(2)(ii) Section 302 certification of the principal financial officer
12(b) Section 906 certification of principal executive officer and principal financial officer