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, 2013
Item 1. Reports to Stockholders.
Understanding this report
This semiannual report contains information about the TIAA Separate Account VA-1 and describes the account’s results for the six months ended June 30, 2013. The report contains three main sections:
• The account performance section compares the account’s investment returns with those 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, 2013.
• The financial statements provide detailed information about the operations and financial condition of the account.
The views and opinions expressed in this report are through the end of the period, as stated on the cover of this report. They are subject to change at any time based on a variety of factors. As such, they are not guarantees of future performance or investment results and should not be taken as investment advice. To see the risks of investing in the TIAA Separate Account VA-1, please refer to the latest prospectus.
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.
![]() | Contents | |||||
Information for contractowners | 1 | |||||
Important information about expenses | 2 | |||||
About the account’s benchmark | 3 | |||||
Account performance | ||||||
Stock Index Account | 4 | |||||
Summary portfolio of investments | 6 | |||||
Financial statements (unaudited) | ||||||
Statement of assets and liabilities | 10 | |||||
Statement of operations | 11 | |||||
Statements of changes in net assets | 12 | |||||
Financial highlights | 13 | |||||
Notes to financial statements | 14 | |||||
Management committee renewal of the investment management agreement | 20 | |||||
How to reach us | Inside back cover | |||||
Information for contractowners
Portfolio holdings
The TIAA Separate Account VA-1’s summary portfolio of investments begins on page 6 of this report.
You can obtain a complete list of the portfolio holdings of the TIAA Separate Account VA-1 (Schedule of Investments) as of the most recently completed fiscal quarter in the following ways:
• By visiting our website at tiaa-cref.org; or
• By calling us at 800 842-2252 to request a copy free of charge.
You can also obtain a complete list of the portfolio holdings of the account as of the most recently completed fiscal quarter, and for prior quarter-ends, from our Securities and Exchange Commission (SEC) Form N-CSR and Form N-Q filings. Form N-CSR filings are as of December 31 or June 30; Form N-Q filings are as of March 31 or September 30. Copies of these forms are available:
• Through the Electronic Data Gathering and Retrieval System (EDGAR) on the SEC’s website at www.sec.gov; or
• From the SEC’s Office of Investor Education and Advocacy.
(Call 202 551-8090 for more information.)
Proxy voting
The TIAA Separate Account VA-1’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 may also call us at 800 223-1200 to request a free copy. A report of how the account voted during the most recently completed twelve-month period ended June 30 can be found on our website or on Form N-PX at www.sec.gov.
Contacting TIAA-CREF
There are three easy ways to contact us: by email, using the Contact Us link at the top of our home page; by mail at TIAA-CREF, 730 Third Avenue, New York, NY 10017–3206; or by phone at 800 223-1200.
Account management
The 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.
TIAA Separate Account VA-1 ¡ 2013 Semiannual Report 1
Important information about expenses
All contractowners in the TIAA Separate Account VA-1 incur ongoing costs, including management fees and other account expenses.
The TIAA Separate Account VA-1 is the underlying investment vehicle for Teachers Personal Annuity contracts issued by Teachers Insurance and Annuity Association of America. Premium taxes may apply to certain contracts. Because of this additional charge, the cost to investors may be higher than the figures shown in the expense example. Information about this additional charge can be found in the prospectus.
The expense example that appears in the table on page 3 is intended to help you understand your ongoing costs (in U.S. dollars) and does not reflect transactional costs incurred by the account for buying and selling securities. The example is designed to help you compare these ongoing costs with the ongoing costs of investing in other variable annuity accounts and mutual funds. Contractowners in the TIAA Separate Account VA-1 do not incur a sales charge for purchases or other distributions.
The example is based on an investment of $1,000 invested at the beginning of the six-month period and held for the entire period (January 1, 2013–June 30, 2013).
Actual expenses
The first line in the table uses the account’s actual expenses and its actual rate of return. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the six-month period.
Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the first line under the heading “Expenses paid during period” to estimate the expenses you paid during the six-month period.
Hypothetical example for comparison purposes
The second 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 the 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 variable annuity accounts and mutual funds.
2 2013 Semiannual Report ¡ TIAA Separate Account VA-1
Important information about expenses
Expense example
Six months ended June 30, 2013
Stock Index Account
|
Beginning
|
Ending
|
Expenses paid
| |||||||||
Actual return |
|
$1,000.00 |
|
|
$1,136.35 |
|
|
$3.97 |
| |||
5% annual hypothetical return
|
|
1,000.00
|
|
|
1,021.08
|
|
|
3.76
|
| |||
* | “Expenses paid during period” is based on the account’s actual expense ratio for the most recent fiscal half-year, multiplied by the average account value over the six-month period, multiplied by 181/365. There were 181 days in the six months ended June 30, 2013. The account’s annualized six-month expense ratio for that period was 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 such waiver, the account’s total annual expense ratio would have been 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%. |
The account’s benchmark is the Russell 3000® Index, which measures the performance of the stocks of the 3,000 largest publicly traded U.S. companies, based on market capitalization. The index measures the performance of about 98% of the total market capitalization of the publicly traded U.S. equity market.
You cannot invest directly in any index. Index returns do not include a deduction for fees or expenses.
Russell 3000 is a trademark and service mark of Russell Investments. TIAA-CREF products are not promoted or sponsored by, or affiliated with, Russell Investments.
TIAA Separate Account VA-1 ¡ 2013 Semiannual Report 3
Performance for the six months ended June 30, 2013
The Stock Index Account returned 13.64% for the period, compared with the 14.06% return of its benchmark, the Russell 3000® Index. For the one-year period ended June 30, 2013, the account returned 20.59%, versus 21.46% for the index.
For the six-month period, the account’s return trailed that of its benchmark index primarily because of the effect of expenses. The account’s return includes a deduction for expenses, while the benchmark’s does not. The account had a risk profile similar to that of its benchmark.
During the first half of 2013, the broad U.S. stock market climbed 14.06%, as measured by the Russell 3000 Index. Most of the gains came in the first quarter, when the market rose 11.07%, partly on expectations that the Federal Reserve would maintain its stimulative policies. Stocks began to weaken in May, however, after Fed Chairman Ben Bernanke announced that the agency might reduce that stimulus later in the year if the U.S. economy continued to improve. The Russell 3000 ended the second quarter up a modest 2.69%.
For the first half of the year, small-cap stocks performed best, returning 15.86%, while mid- and large-cap issues gained 15.45% and 13.91%, respectively. Value stocks within the Russell 3000 outperformed their growth counterparts, 15.78% to 12.23%. (Returns by investment style and market capitalization are based on the Russell indexes.)
Financials propel the benchmark higher
For the period, all ten industry sectors of the Russell 3000 Index posted positive returns, with seven generating double-digit gains. The biggest contribution to performance came from the benchmark’s largest sector—financials—which earned 17.8%. Additional lift was provided by the sizable consumer discretionary and health care sectors, both of which advanced 20.4%. Industrials also posted a strong gain, rising 14.7%. Together, these four sectors constituted more than one-half of the benchmark’s market capitalization on June 30, 2013.
Amid the powerful market rally, materials rose just 2.4%, the weakest sector performance for the period. Concerns about slowing economic growth in China—a leading consumer of copper, coal and other raw materials—weighed on stocks in this sector.
Two of the five largest stocks in the Russell 3000 generated exceptional returns for the six-month period. Microsoft and Johnson & Johnson advanced 31.3% and 24.4%, respectively. General Electric (up 12.3%) and Exxon Mobil (up 5.8%) posted solid gains but trailed the broad market, while Apple lagged far behind with a –24.6% return.
4 2013 Semiannual Report ¡ TIAA Separate Account VA-1
Stock Index Account
Performance as of June 30, 2013
Total return
| Average annual total return
| |||||||||||||||||||||
Inception date
|
6 months
| 1 year
| 5 years
| 10 years
| ||||||||||||||||||
Stock Index Account
|
|
11/1/1994
|
|
|
13.64
|
%
|
|
20.59
|
%
|
|
6.57
|
%
|
|
7.11
|
%
| |||||||
Russell 3000 Index
|
|
—
|
|
|
14.06
|
|
|
21.46
|
|
|
7.25
|
|
|
7.81
|
|
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. The account’s performance reflects a fee waiver, which is currently in place. Without such waiver, the expenses of the account would have been higher and its performance lower. Current performance may be higher or lower than that shown, and you may have a gain or a loss when you redeem your accumulation units. For current performance information, including performance to the most recent month-end, please visit tiaa-cref.org.
You cannot invest directly in any index. Index returns do not include a deduction for fees or expenses.
Portfolio composition
Sector
|
% of net assets as of 6/30/2013
| |||
Financials
|
|
18.2
|
| |
Information technology
|
| 17.3
|
| |
Consumer discretionary
|
| 13.0
|
| |
Health care
|
| 12.3
|
| |
Industrials
|
| 11.0
|
| |
Energy
|
| 9.4
|
| |
Consumer staples
|
| 9.0
|
| |
Materials
|
| 3.6
|
| |
Utilities
|
| 3.3
|
| |
Telecommunication services
|
| 2.4
|
| |
Short-term investments, other assets & liabilities, net
|
| 0.5
|
| |
Total |
|
100.0 |
| |
Holdings by company size
| ||||
Market capitalization
|
% of equity investments as of 6/30/2013
| |||
More than $50 billion
|
|
43.4
|
| |
More than $15 billion–$50 billion
|
| 25.6
|
| |
More than $2 billion–$15 billion
|
| 24.7
|
| |
$2 billion or less
|
| 6.3
|
| |
Total |
|
100.0 |
|
TIAA Separate Account VA-1 ¡ 2013 Semiannual Report 5
Summary portfolio of investments (unaudited) |
Stock Index Account § June 30, 2013
Shares | Company | Value (000) | % of net assets | |||||||||||||
COMMON STOCKS | ||||||||||||||||
AUTOMOBILES & COMPONENTS | $ | 9,130 | 1.1 | % | ||||||||||||
|
| |||||||||||||||
BANKS | ||||||||||||||||
221,085 | Wells Fargo & Co | 9,124 | 1.1 | |||||||||||||
Other | 19,797 | 2.4 | ||||||||||||||
|
| |||||||||||||||
28,921 | 3.5 | |||||||||||||||
|
| |||||||||||||||
CAPITAL GOODS | ||||||||||||||||
31,605 | 3M Co | 3,456 | 0.4 | |||||||||||||
34,660 | Boeing Co | 3,551 | 0.5 | |||||||||||||
473,472 | General Electric Co | 10,980 | 1.3 | |||||||||||||
42,074 | United Technologies Corp | 3,910 | 0.5 | |||||||||||||
Other | 44,763 | 5.4 | ||||||||||||||
|
| |||||||||||||||
66,660 | 8.1 | |||||||||||||||
|
| |||||||||||||||
COMMERCIAL & PROFESSIONAL SERVICES | 8,471 | 1.0 | ||||||||||||||
|
| |||||||||||||||
CONSUMER DURABLES & APPAREL | 13,022 | 1.6 | ||||||||||||||
|
| |||||||||||||||
CONSUMER SERVICES | ||||||||||||||||
45,905 | McDonald’s Corp | 4,545 | 0.6 | |||||||||||||
Other | 13,552 | 1.6 | ||||||||||||||
|
| |||||||||||||||
18,097 | 2.2 | |||||||||||||||
|
| |||||||||||||||
DIVERSIFIED FINANCIALS | ||||||||||||||||
43,382 | American Express Co | 3,243 | 0.4 | |||||||||||||
493,628 | Bank of America Corp | 6,348 | 0.8 | |||||||||||||
138,450 | Citigroup, Inc | 6,642 | 0.8 | |||||||||||||
20,993 | Goldman Sachs Group, Inc | 3,175 | 0.4 | |||||||||||||
48,994 | e | iShares Russell 3000 Index Fund | 4,723 | 0.6 | ||||||||||||
173,080 | JPMorgan Chase & Co | 9,137 | 1.1 | |||||||||||||
Other | 22,868 | 2.7 | ||||||||||||||
|
| |||||||||||||||
56,136 | 6.8 | |||||||||||||||
|
| |||||||||||||||
ENERGY | ||||||||||||||||
88,807 | Chevron Corp | 10,509 | 1.3 | |||||||||||||
55,989 | ConocoPhillips | 3,387 | 0.4 | |||||||||||||
203,727 | d | Exxon Mobil Corp | 18,407 | 2.2 | ||||||||||||
36,894 | Occidental Petroleum Corp | 3,292 | 0.4 | |||||||||||||
61,021 | Schlumberger Ltd | 4,373 | 0.5 | |||||||||||||
Other | 37,669 | 4.6 | ||||||||||||||
|
| |||||||||||||||
77,637 | 9.4 | |||||||||||||||
|
| |||||||||||||||
FOOD & STAPLES RETAILING | ||||||||||||||||
56,065 | CVS Corp | 3,206 | 0.4 | |||||||||||||
73,738 | Wal-Mart Stores, Inc | 5,493 | 0.7 | |||||||||||||
Other | 7,870 | 0.9 | ||||||||||||||
|
| |||||||||||||||
16,569 | 2.0 | |||||||||||||||
|
|
6 | 2013 Semiannual Report § TIAA Separate Account VA-1 | See notes to financial statements |
Summary portfolio of investments (unaudited) | continued |
Stock Index Account § June 30, 2013
Shares | Company | Value (000) | % of net assets | |||||||||||||
FOOD, BEVERAGE & TOBACCO | ||||||||||||||||
91,967 | Altria Group, Inc | $ | 3,218 | 0.4 | % | |||||||||||
175,144 | Coca-Cola Co | 7,025 | 0.9 | |||||||||||||
70,807 | PepsiCo, Inc | 5,791 | 0.7 | |||||||||||||
74,892 | Philip Morris International, Inc | 6,487 | 0.8 | |||||||||||||
Other | 18,540 | 2.2 | ||||||||||||||
|
| |||||||||||||||
41,061 | 5.0 | |||||||||||||||
|
| |||||||||||||||
HEALTH CARE EQUIPMENT & SERVICES | 37,254 | 4.5 | ||||||||||||||
|
| |||||||||||||||
HOUSEHOLD & PERSONAL PRODUCTS | ||||||||||||||||
125,652 | Procter & Gamble Co | 9,674 | 1.2 | |||||||||||||
Other | 7,183 | 0.8 | ||||||||||||||
|
| |||||||||||||||
16,857 | 2.0 | |||||||||||||||
|
| |||||||||||||||
INSURANCE | ||||||||||||||||
82,406 | * | Berkshire Hathaway, Inc (Class B) | 9,223 | 1.1 | ||||||||||||
Other | 26,127 | 3.2 | ||||||||||||||
|
| |||||||||||||||
35,350 | 4.3 | |||||||||||||||
|
| |||||||||||||||
MATERIALS | 30,077 | 3.6 | ||||||||||||||
|
| |||||||||||||||
MEDIA | ||||||||||||||||
120,203 | Comcast Corp (Class A) | 5,034 | 0.6 | |||||||||||||
82,464 | Walt Disney Co | 5,207 | 0.6 | |||||||||||||
Other | 20,591 | 2.5 | ||||||||||||||
|
| |||||||||||||||
30,832 | 3.7 | |||||||||||||||
|
| |||||||||||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | ||||||||||||||||
34,416 | Amgen, Inc | 3,395 | 0.4 | |||||||||||||
75,218 | Bristol-Myers Squibb Co | 3,362 | 0.4 | |||||||||||||
69,946 | * | Gilead Sciences, Inc | 3,582 | 0.4 | ||||||||||||
128,179 | Johnson & Johnson | 11,005 | 1.3 | |||||||||||||
138,276 | Merck & Co, Inc | 6,423 | 0.8 | |||||||||||||
311,427 | Pfizer, Inc | 8,723 | 1.1 | |||||||||||||
Other | 27,941 | 3.4 | ||||||||||||||
|
| |||||||||||||||
64,431 | 7.8 | |||||||||||||||
|
| |||||||||||||||
REAL ESTATE | 30,290 | 3.7 | ||||||||||||||
|
| |||||||||||||||
RETAILING | ||||||||||||||||
16,836 | * | Amazon.com, Inc | 4,675 | 0.6 | ||||||||||||
67,034 | Home Depot, Inc | 5,193 | 0.6 | |||||||||||||
Other | 26,824 | 3.2 | ||||||||||||||
|
| |||||||||||||||
36,692 | 4.4 | |||||||||||||||
|
| |||||||||||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | ||||||||||||||||
227,613 | Intel Corp | 5,513 | 0.7 | |||||||||||||
Other | 12,402 | 1.5 | ||||||||||||||
|
| |||||||||||||||
17,915 | 2.2 | |||||||||||||||
|
|
See notes to financial statements | TIAA Separate Account VA-1 § 2013 Semiannual Report | 7 |
Summary portfolio of investments (unaudited) | continued |
Stock Index Account § June 30, 2013
Shares | Company | Value (000) | % of net assets | |||||||||||||
SOFTWARE & SERVICES | ||||||||||||||||
59,422 | * | eBay, Inc | $ | 3,073 | 0.4 | % | ||||||||||
12,348 | * | Google, Inc (Class A) | 10,871 | 1.3 | ||||||||||||
47,669 | International Business Machines Corp | 9,110 | 1.1 | |||||||||||||
5,351 | Mastercard, Inc (Class A) | 3,074 | 0.4 | |||||||||||||
381,020 | Microsoft Corp | 13,157 | 1.6 | |||||||||||||
162,785 | Oracle Corp | 5,001 | 0.6 | |||||||||||||
24,073 | Visa, Inc (Class A) | 4,399 | 0.5 | |||||||||||||
Other | 31,039 | 3.7 | ||||||||||||||
|
| |||||||||||||||
79,724 | 9.6 | |||||||||||||||
|
| |||||||||||||||
TECHNOLOGY HARDWARE & EQUIPMENT | ||||||||||||||||
42,981 | Apple, Inc | 17,024 | 2.0 | |||||||||||||
244,713 | Cisco Systems, Inc | 5,949 | 0.7 | |||||||||||||
79,123 | Qualcomm, Inc | 4,833 | 0.6 | |||||||||||||
Other | 17,299 | 2.1 | ||||||||||||||
|
| |||||||||||||||
45,105 | 5.4 | |||||||||||||||
|
| |||||||||||||||
TELECOMMUNICATION SERVICES | ||||||||||||||||
246,361 | AT&T, Inc | 8,721 | 1.0 | |||||||||||||
131,014 | Verizon Communications, Inc | 6,595 | 0.8 | |||||||||||||
Other | 4,857 | 0.6 | ||||||||||||||
|
| |||||||||||||||
20,173 | 2.4 | |||||||||||||||
|
| |||||||||||||||
TRANSPORTATION | ||||||||||||||||
21,465 | Union Pacific Corp | 3,311 | 0.4 | |||||||||||||
Other | 12,662 | 1.5 | ||||||||||||||
|
| |||||||||||||||
15,973 | 1.9 | |||||||||||||||
|
| |||||||||||||||
UTILITIES | 27,386 | 3.3 | ||||||||||||||
|
| |||||||||||||||
TOTAL COMMON STOCKS | (Cost $495,774) | 823,763 | 99.5 | |||||||||||||
|
| |||||||||||||||
RIGHTS/WARRANTS | ||||||||||||||||
AUTOMOBILES & COMPONENTS | 0 | ^ | 0.0 | |||||||||||||
|
| |||||||||||||||
ENERGY | 0 | ^ | 0.0 | |||||||||||||
|
| |||||||||||||||
TOTAL RIGHTS/WARRANTS | (Cost $0) | 0 | ^ | 0.0 | ||||||||||||
|
|
8 | 2013 Semiannual Report § TIAA Separate Account VA-1 | See notes to financial statements |
Summary portfolio of investments (unaudited) | concluded |
Stock Index Account § June 30, 2013
Shares | Company | Value (000) | % of net assets | |||||||||||||
SHORT-TERM INVESTMENTS | ||||||||||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | ||||||||||||||||
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES | ||||||||||||||||
20,391,405 | c | TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust | $ | 20,391 | 2.5 | % | ||||||||||
|
| |||||||||||||||
20,391 | 2.5 | |||||||||||||||
|
| |||||||||||||||
TOTAL INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | 20,391 | 2.5 | ||||||||||||||
|
| |||||||||||||||
TOTAL SHORT-TERM INVESTMENTS | (Cost $20,391) | 20,391 | 2.5 | |||||||||||||
|
| |||||||||||||||
TOTAL PORTFOLIO | (Cost $516,165) | 844,154 | 102.0 | |||||||||||||
OTHER ASSETS & LIABILITIES, NET | (16,794 | ) | (2.0 | ) | ||||||||||||
|
| |||||||||||||||
NET ASSETS | $ | 827,360 | 100.0 | % | ||||||||||||
|
|
* | Non-income producing. |
^ | Amount represents less than $1,000. |
c | Investments made with cash collateral received from securities on loan. |
d | All or a portion of these securities have been segregated by the custodian to cover margin or other requirements on open futures transactions. |
e | All or a portion of these securities are out on loan. The aggregate value of securities on loan, including those in “Other,” is $19,845,000. |
“Other” securities represent the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets.
Cost amounts are in thousands.
For ease of presentation, a number of classification categories have been grouped together in the Summary Portfolio of Investments. Note that the Account uses more specific categories in following its investment limitations on investment concentrations.
See notes to financial statements | TIAA Separate Account VA-1 § 2013 Semiannual Report | 9 |
Statement of assets and liabilities (unaudited) |
TIAA Separate Account VA-1 § June 30, 2013
(amounts in thousands, except accumulation unit value) | Stock Index Account | |||
| ||||
ASSETS | ||||
Portfolio investments, at value*,† | $ | 844,154 | ||
Cash | 2,969 | |||
Dividends and interest receivable | 1,032 | |||
Receivable from securities transactions | 18,980 | |||
Other | 93 | |||
| ||||
Total assets | 867,228 | |||
| ||||
LIABILITIES | ||||
Payable for collateral for securites loaned | 20,391 | |||
Payable for securities transactions | 19,201 | |||
Due to affiliates | 221 | |||
Payable for variation margin on open futures contracts | 8 | |||
Other | 47 | |||
| ||||
Total liabilities | 39,868 | |||
| ||||
NET ASSETS | ||||
Accumulation Fund | $ | 827,360 | ||
| ||||
Accumulation units outstanding | 7,095 | |||
| ||||
Accumulation unit value | $116.61 | |||
| ||||
* Portfolio investments at cost | $ | 516,165 | ||
† Includes securities loaned of | $ | 19,845 |
10 | 2013 Semiannual Report § TIAA Separate Account VA-1 | See notes to financial statements |
Statement of operations (unaudited) |
TIAA Separate Account VA-1 § For the period ended June 30, 2013
(amounts in thousands) | Stock Index Account | |||
| ||||
INVESTMENT INCOME | ||||
Dividends* | $ | 8,024 | ||
Income from securities lending | 162 | |||
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Total income | 8,186 | |||
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EXPENSES | ||||
Administrative | 806 | |||
Investment advisory | 1,209 | |||
Mortality and expense risk charges | 1,612 | |||
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Total expenses | 3,627 | |||
Less: Expense waiver by investment adviser | (604 | ) | ||
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Net expenses | 3,023 | |||
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Net investment income (loss) | 5,163 | |||
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NET REALIZED AND UNREALIZED GAIN (LOSS) ON TOTAL INVESTMENTS | ||||
Realized gain (loss): | ||||
Portfolio investments | 15,501 | |||
Futures transactions | 72 | |||
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Net realized gain (loss) on total investments | 15,573 | |||
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Change in unrealized appreciation (depreciation) on: | ||||
Portfolio investments | 80,782 | |||
Futures transactions | 1 | |||
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Net change in unrealized appreciation (depreciation) on total investments | 80,783 | |||
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Net realized and unrealized gain (loss) on total investments | 96,356 | |||
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Net increase (decrease) in net assets from operations | $ | 101,519 | ||
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* Net of foreign witholding taxes of | $ | 5 |
See notes to financial statements | TIAA Separate Account VA-1 § 2013 Semiannual Report | 11 |
Statements of changes in net assets |
TIAA Separate Account VA-1 § For the period or year ended
Stock Index Account | ||||||||
(amounts in thousands) | June 30, 2013 | December 31, 2012 | ||||||
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(unaudited) | ||||||||
OPERATIONS | ||||||||
Net investment income (loss) | $ | 5,163 | $ | 11,536 | ||||
Net realized gain (loss) on total investments | 15,573 | 17,346 | ||||||
Net change in unrealized appreciation (depreciation) on total investments | 80,783 | 77,647 | ||||||
| ||||||||
Net increase (decrease) in net assets from operations | 101,519 | 106,529 | ||||||
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FROM CONTRACTOWNER TRANSACTIONS | ||||||||
Premiums | 18,515 | 23,611 | ||||||
Withdrawals and death benefits | (45,113 | ) | (76,783 | ) | ||||
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Net increase (decrease) from contractowner transactions | (26,598 | ) | (53,172 | ) | ||||
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Net increase (decrease) in net assets | 74,921 | 53,357 | ||||||
NET ASSETS | ||||||||
Beginning of period | 752,439 | 699,082 | ||||||
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End of period | $ | 827,360 | $ | 752,439 | ||||
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ACCUMULATION UNITS | ||||||||
Units purchased | 163 | 240 | ||||||
Units sold | (400 | ) | (783 | ) | ||||
Outstanding | ||||||||
Beginning of period | 7,332 | 7,875 | ||||||
| ||||||||
End of period | 7,095 | 7,332 | ||||||
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12 | 2013 Semiannual Report § TIAA Separate Account VA-1 | See notes to financial statements |
Financial highlights |
TIAA Separate Account VA-1 § For the period or year ended
Stock Index Account | ||||||||||||||||||||||||
6/30/13 | 12/31/12 | 12/31/11 | 12/31/10 | 12/31/09 | 12/31/08 | |||||||||||||||||||
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(unaudited) | ||||||||||||||||||||||||
FOR AN ACCUMULATION UNIT OUTSTANDING THROUGHOUT EACH PERIOD |
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Investment income (a) | $ | 1.137 | $ | 2.256 | $ | 1.754 | $ | 1.542 | $ | 1.413 | $ | 1.758 | ||||||||||||
Expenses (a) | 0.420 | 0.735 | 0.671 | 0.591 | 0.452 | 0.484 | ||||||||||||||||||
| ||||||||||||||||||||||||
Net investment income (loss) (a) | 0.717 | 1.521 | 1.083 | 0.951 | 0.961 | 1.274 | ||||||||||||||||||
Net realized and unrealized gain (loss) on total investments | 13.269 | 12.334 | (0.755 | ) | 11.319 | 15.456 | (37.166 | ) | ||||||||||||||||
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Net change in accumulation unit value | 13.986 | 13.855 | 0.328 | 12.270 | 16.417 | (35.892 | ) | |||||||||||||||||
Accumulation unit value: |
| |||||||||||||||||||||||
Beginning of period | 102.624 | 88.769 | 88.441 | 76.171 | 59.754 | 95.646 | ||||||||||||||||||
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End of period | $ | 116.610 | $ | 102.624 | $ | 88.769 | $ | 88.441 | $ | 76.171 | $ | 59.754 | ||||||||||||
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TOTAL RETURN (b) | 13.64 | %(c) | 15.60 | % | 0.37 | % | 16.11 | % | 27.48 | % | (37.53 | )% | ||||||||||||
RATIOS TO AVERAGE NET ASSETS: |
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Ratio of expense to average net assets before expense waiver | 0.90 | %(d) | 0.90 | % | 0.90 | % | 0.90 | % | 0.90 | % | 0.90 | % | ||||||||||||
Ratio of expense to average net assets after expense waiver | 0.75 | %(d) | 0.75 | % | 0.75 | % | 0.75 | % | 0.71 | % | 0.67 | % | ||||||||||||
Ratio of net investment income to average net assets | 1.29 | %(d) | 1.55 | % | 1.21 | % | 1.21 | % | 1.50 | % | 1.58 | % | ||||||||||||
SUPPLEMENTAL DATA |
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Portfolio turnover rate | 5 | %(c) | 7 | % | 6 | % | 10 | % | 6 | % | 7 | % | ||||||||||||
Accumulation units outstanding at the end of period (e) | 7 | 7 | 8 | 8 | 9 | 9 | ||||||||||||||||||
Net assets at the end of period (e) | $ | 827 | $ | 752 | $ | 699 | $ | 745 | $ | 680 | $ | 567 | ||||||||||||
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(a) | Based on average units outstanding. |
(b) | Based on per accumulation data. |
(c) | The percentages shown for this period are not annualized. |
(d) | The percentages shown for this period are annualized. |
(e) | In millions. |
See notes to financial statements | TIAA Separate Account VA-1 § 2013 Semiannual Report | 13 |
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 is organized 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, as amended (“1940 Act”). 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. Actual results may differ from those estimates. The Accumulation Unit Value (“AUV”) for financial reporting purposes may differ from the AUV for processing transactions. The AUV for financial reporting purposes includes security and contractowner transactions through the date of the report. Total return is computed based on the AUV used for processing transactions. The following is a summary of the significant accounting policies consistently followed by the Account.
Security valuation: The Account’s investments in securities are recorded at their estimated fair value as described in the valuation of investments note to the financial statements.
Investments and investment income: Securities transactions are accounted for as of the trade date for financial reporting purposes. Interest income is recorded as earned and includes accretion of discounts and amortization of premiums using the effective yield method. Dividend income is recorded on the ex-dividend date. Realized gains and losses on securities transactions are based upon the specific identification method. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments and/or as a realized gain. The Account estimates the components of distributions received that may be considered return of capital distributions or capital gain distributions.
Income taxes: VA-1 is a separate account of TIAA, which is taxed as a life insurance company under Subchapter L of the Internal Revenue Code. VA-1 should incur no federal income tax liability. Under the rules of taxation applicable to life insurance companies, VA-1’s Accumulation Account for contractowners will generally be treated as life insurance reserves; therefore, any increase in such reserves will be deductible. Management has analyzed the Account’s tax positions taken for all open federal income tax years (2007–2012) and has concluded that no provision for federal income tax is required in the Account’s financial statements.
Management Committee compensation: The members of the Management Committee (“Committee”), all of whom are independent, receive certain remuneration for their services, plus travel and other expenses. Committee members may elect to participate in a deferred compensation plan and defer all or a portion
14 | 2013 Semiannual Report § TIAA Separate Account VA-1 |
of their compensation. In addition, managers participate in a long-term compensation plan. Amounts deferred are retained by the Account until paid. The investment of deferred amounts and the offsetting payable to the committee members are included in other assets and other liabilities in the accompanying Statement of Assets and Liabilities.
New accounting pronouncement: In December 2011, the Financial Accounting Standards Board issued Accounting Standard Update (“ASU”) No. 2011-11, Disclosures about Offsetting Assets and Liabilities, and in January 2013 issued ASU 2013-01, Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities (collectively, the “Update”). The Update creates new disclosure requirements requiring entities to disclose both gross and net information for derivatives and other financial instruments that are either offset in the Statement of Assets and Liabilities or subject to an enforceable master netting arrangement or similar agreement. The disclosure requirements are effective for interim and annual reporting periods beginning on or after January 1, 2013. The Account has adopted these new disclosure requirements for this June 30, 2013 semiannual report. Management has evaluated the new disclosure requirements and has determined no additional disclosure is required.
Note 2—valuation of investments
Portfolio investments are valued at fair value utilizing various valuation methods approved by the 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 spreads, 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 and preferred stock: Equity securities listed or traded on a national market or exchange are valued based on their sale price on such market or exchange at the close of business on the date of
TIAA Separate Account VA-1 § 2013 Semiannual Report | 15 |
Notes to financial statements (unaudited) |
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 investments are valued at the last sale price or official closing price reported on the exchange where traded and converted to U.S. dollars at the prevailing rates of exchange on the date of valuation. For events affecting the value of foreign securities between the time when the exchange on which they are traded closes and the time when the Account’s net assets are calculated, such securities will be valued at fair value in accordance with procedures adopted by the 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 that may employ various indications of value including but not limited to broker-dealer quotations. Certain debt securities, other than money market instruments, are valued based on the most recent bid price or the equivalent quoted yield for such securities (or those of comparable maturity, quality and type). Debt securities are generally categorized in Level 2 of the fair value hierarchy; in instances where prices, yields, or any other key inputs are unobservable, they are categorized in Level 3 of the hierarchy.
Short-term investments: Short-term investments, excluding investments in registered investment companies, 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. 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.
Any portfolio security for which market quotations are not readily available or for which the above valuation procedures are deemed not to reflect fair value are valued at fair value, as determined in good faith using procedures approved by the Committee. To the extent the inputs are observable and timely, the values would be categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized as Level 3.
Transfers between levels are recognized at the end of the reporting period. For the period ended June 30, 2013, there were no material transfers between levels by the Account.
As of June 30, 2013, with the exception of one immaterial common stock security, all of the other investments in the Account were valued based on Level 1 inputs.
16 | 2013 Semiannual Report § TIAA Separate Account VA-1 |
continued |
Note 3—derivative instruments
As defined by U.S. GAAP, a derivative is a financial instrument whose value is derived from an underlying security price, foreign exchange rate, interest rate, index of prices or rates, or other variable. Derivatives require little or no initial investment and permit or require net settlement. The Account values derivatives at fair value.
At June 30, 2013, the Account has invested in derivative contracts which are reflected in the Statement of Assets and Liabilities as follows (amounts are in thousands):
Liabilities derivatives | ||||||||||
Derivative contracts | Location | Fair value amount | ||||||||
| ||||||||||
Equity contracts | Futures* | $ | 2 | |||||||
|
* | The fair value presented includes cumulative gain (loss) on open futures contracts; however, the value reflected on the accompanying Statement of Assets and Liabilities is only the payable for variation margin on open futures contracts. |
For the period ended June 30, 2013, the effect of derivative contracts on the Account’s Statement of Operations was as follows (amounts are in thousands):
Derivative contracts | Location | Realized gain (loss) | Change in unrealized appreciation (depreciation) | |||||||||
| ||||||||||||
Equity contracts | Futures transactions | $ | 72 | $ | 1 | |||||||
|
Futures contracts: The Account is subject to equity price risk in the normal course of pursuing its investment objectives. The Account uses futures contracts to manage exposure to the equity markets and for cash management purposes to remain highly invested in these markets while minimizing transaction costs. Buying futures contracts tends to increase exposure to the underlying instrument/index, while selling futures contracts tends to decrease exposure to the underlying instrument/index or hedge other investments. Initial margin deposits are made upon entering into a futures contract, and variation margin receipts or payments are settled daily reflecting changes in the value of the futures contracts. Daily changes in the value of such contracts are reflected in net unrealized gains and losses. Gains or losses are realized upon the expiration or closing of the futures contracts or if the counterparties do not perform in accordance with contractual provisions. With futures, there is minimal counterparty credit risk to the Account since futures are exchange-traded and the exchange’s clearinghouse, as counterparty to all exchange traded funds, guarantees the futures against default. During the period ended June 30, 2013, the Account had exposure to equity futures contracts, based on underlying notional values, generally between 0% and 1% of net assets.
TIAA Separate Account VA-1 § 2013 Semiannual Report | 17 |
Notes to financial statements (unaudited) |
At June 30, 2013, the Account held the following open futures contracts (amounts are in thousands):
Future | Number of contracts‡ | Settlement value | Expiration date | Unrealized gain (loss) | ||||||||||||
| ||||||||||||||||
CME E-mini S&P 500 Index | 21 | $ | 1,679 | September 2013 | $ | (2 | ) | |||||||||
|
‡ | Number of contracts is not in thousands. |
Note 4—investment adviser and affiliates
Teachers Advisors, Inc. (“Advisors”), a wholly owned subsidiary of TIAA and a registered investment adviser, provides investment advisory services for VA-1 pursuant to an Investment Management Agreement among TIAA, Advisors and VA-1. TIAA provides all administrative services for VA-1 pursuant to an Administrative Services Agreement with VA-1. The contracts are distributed by TIAA-CREF Individual & Institutional Services, LLC (“Services”). Services is a wholly owned subsidiary of TIAA. The Investment Management Agreement sets the investment advisory charge at an annual rate of 0.30% of the average daily 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 0.15% of the average daily net assets of the Account.
The Administrative Services Agreement sets the administrative expense charge at an annual rate of 0.20% of the average daily 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 average daily 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 will never exceed 1.50% per year. TIAA pays death benefits to beneficiaries when an annuitant dies during the accumulation period.
The Account may purchase or sell investment securities in transactions with affiliated entities under procedures adopted by the Committee, pursuant to the 1940 Act. These transactions are effected at market rates without incurring broker commissions.
Note 5—investments
Securities lending: The Account may lend its securities to qualified institutional borrowers to earn additional income. The Account receives collateral (in the form of cash, Treasury securities, or other collateral permitted by applicable law) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of loaned securities during the period of the loan. Cash collateral received by the Account will generally be invested in high-quality short-term instruments, or in one or more funds maintained by the securities lending agent for the purpose of investing cash collateral. The value of the loaned securities and the liability to return the cash collateral received are reflected in the Statement of Assets and Liabilities. Securities lending income consists of earnings on invested collateral and lending fees, net of any rebates to the borrower and compensation to the
18 | 2013 Semiannual Report § TIAA Separate Account VA-1 |
concluded |
lending agent. Such income is reflected separately in the Statement of Operations. In lending its securities, the Account bears the market risk with respect to the collateral investment as well as the securities loaned and also bears the risk that the counterparty may default on its obligations to the Account.
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.
Net unrealized appreciation (depreciation): At June 30, 2013, net unrealized appreciation (depreciation) based on the aggregate cost of portfolio investments was $327,989,000 consisting of gross unrealized appreciation of $379,336,000 and gross unrealized depreciation of $(51,347,000).
Purchases and sales: Purchases and sales of portfolio securities (other than short-term investments) for the period ended June 30, 2013 were $40,695,000 and $61,167,000, respectively.
Note 6—line of credit
The Account participates in a $1.5 billion unsecured revolving credit facility that can be used for temporary purposes, including, without limitation, the funding of contractowner withdrawals. This facility expired June 2013. A new facility was entered into on June 25, 2013 expiring June 24, 2014. 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 accounts and mutual funds on a pro rata basis. Interest associated with any borrowing under the facility is charged to the borrowings under the facility by other affiliated accounts or mutual funds. For the period ended June 30, 2013, there were no borrowings under this credit facility by the Account.
Note 7—indemnification
In the normal course of business, the Account enters into contracts that contain a variety of representations and warranties and that provide general indemnities. The Account’s maximum exposure under these arrangements is unknown, as this would involve future claims against the Account that have not yet occurred. Also, under the Account’s organizational documents, the managers and officers of the 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 unlikely.
TIAA Separate Account VA-1 § 2013 Semiannual Report | 19 |
Management committee renewal of the investment management agreement (unaudited) |
Among its other duties, the Management Committee (the “Committee”) of TIAA Separate Account VA-1 (the “Separate Account”) is responsible for determining whether to initially approve for a two-year term and subsequently annually 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 advisory services and overseeing the everyday operations and other service providers of the Separate Account.
Section 15(c) of the Investment Company Act of 1940 (the “1940 Act”) requires that, after an initial period of up to two years, 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 March 28, 2013, at which it considered the annual renewal of the Agreement with respect to the Separate Account. As part of this process, the Committee delegated certain tasks to its Operations Committee. Among these tasks, the Operations Committee worked with TAI and legal counsel to the Members to develop guidelines and specific requests relating to the types of information to be provided to the Committee and to all Members in connection with the proposed contract renewal, and then helped evaluate the information provided in response to those guidelines. During a series of meetings held prior to the March 28, 2013 Committee meeting, the Operations Committee reviewed such guidelines and requests in consultation with TAI representatives and input from other Members, legal counsel to the Members and legal counsel to TAI and the Separate Account, and then evaluated the information produced in accordance with those guidelines and requests.
Among other matters, the Operations Committee, following its consultations with others as noted above, confirmed or established various guidelines regarding the preparation of reports to be provided to the Members by the Global Fiduciary Review unit of Lipper, Inc. (“Lipper”), including meeting with representatives of Lipper in person. 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 advisory contract review processes.
Based on guidelines provided by the Operations Committee on behalf of the Members, Lipper produced, among other information, performance and expense comparison data regarding the Separate Account, including data relating to the Separate Account’s management fee rate, total expense ratio, short-term and long-term investment performance and portfolio turnover rate. Lipper also compared much of this data for the Separate Account against a universe of investment companies and against a more selective peer group of mutual funds that underlie
20 | 2013 Semiannual Report § TIAA Separate Account VA-1 |
variable products with similar investment objectives and strategies, each of which was selected by Lipper, and, in the case of the investment performance data, against one or more appropriate broad-based benchmark indices. In each case, Lipper summarized the methodologies it employed to provide the data contained in its reports. In addition, Lipper represented to the Members that its reports were designed specifically to provide the Members with the fee, expense and performance information that is necessary to help the Members satisfy their duties under Section 15(c) of the 1940 Act. Lipper also represented that it (and not TAI) had identified the selected comparative peer groups and universes and that it did so in a manner that was not intended to produce biased results for its clients.
Among other matters, the Operations Committee also requested and reviewed various information provided by TAI to facilitate the Members’ evaluation of the reasonableness of any profits earned by TAI with respect to its services to the Separate Account pursuant to the Agreement.
In advance of the Committee meeting held on March 28, 2013, legal counsel for the Members requested on behalf of the Committee, and TAI provided, extensive information that was designed to assist the Members in their consideration of whether to renew the Agreement for the Separate Account. In addition to the data provided by Lipper as described above, this information included, but was not limited to, the following: (1) further information relating to the Separate Account’s investment performance, including performance ratings provided by Morningstar, Inc. (“Morningstar”), which is a widely recognized mutual fund ranking service, together with an explanation of any events that had a material impact on the Separate Account’s performance during that period; (2) a description of any fee waiver or expense reimbursement arrangements that were proposed or 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 Separate Account’s fee rate under the Agreement to the fee rates of any other comparable accounts managed by TAI or its affiliates; (4) any “fall-out” benefits that accrued or were identified as reasonably likely to accrue 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, business continuity 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 Form ADV registration statement as filed with the Securities and Exchange Commission (which was presented only to legal counsel for the Members); and (9) proposed narrative explanations of reasons why the Committee should renew the Agreement.
TIAA Separate Account VA-1 § 2013 Semiannual Report | 21 |
Management committee renewal of the investment management agreement (unaudited) |
In considering whether to renew the Agreement, the Members, with assistance from its Operations Committee, reviewed various factors with respect to the Separate Account, including: (1) the nature, extent and quality of services provided or to be provided by TAI to the Separate Account; (2) the Separate Account’s investment performance; (3) the costs of the services provided to the Separate Account and the profits realized or potential profits to be realized (if any) by TAI and its affiliates from their relationship with the Separate Account; (4) the extent to which economies of scale have been realized or are anticipated to be realized as the Separate Account grows; (5) fees charged by other advisers for managing similar funds; (6) whether the fee schedule set forth in the Agreement reflects any such economies of scale for the benefit of Separate Account investors; (7) comparisons of services and fee rates with any contracts entered into by TAI with other clients to whom TAI provides comparable services; and (8) 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 Committee viewed these factors in their totality, with no single factor being the principal factor in determining whether to renew the Agreement.
In reaching its decisions regarding the renewal of the Agreement, the Committee took into account the information described above, other information provided to the Members in connection with this process, and relevant information provided to the Members and to their Committees on an ongoing basis in connection with the Committee’s general oversight duties with respect to the Separate Account. In addition, the Committee received and considered information from its 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 for the Separate Account. At its meeting on March 28, 2013, the Committee voted unanimously to renew the Agreement for the Separate Account. Set forth below are certain general factors the Committee considered, followed by a summary of certain specific factors the Committee considered specifically related to the Separate Account.
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. Investment professionals at TAI and its affiliates also manage various accounts of the College Retirement Equities Fund (“CREF”), the TIAA-CREF Funds and the TIAA-CREF Life Funds. Under the Agreement, TAI is responsible for, among other duties: managing the assets of the Separate Account, including conducting research, recommending investments and placing orders to buy and sell securities for the Separate Account’s investment portfolio; active daily monitoring of the investment portfolio by various
22 | 2013 Semiannual Report § TIAA Separate Account VA-1 |
continued |
personnel with specific responsibility for the particular types of investments in question; reporting on the investment performance of the Separate Account to the Committee on a regular basis; and carrying out, or overseeing the provision of, various administrative services to the Separate Account. The Committee considered that TAI has carried out these responsibilities in a competent and professional manner.
The Committee also considered, among other factors, the performance of the Separate Account, as discussed below. 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 the quality of services provided by those firms and TAI’s oversight of those service providers and the outsourcing of certain services to other firms.
Investment performance
The Committee considered the investment performance of the Separate Account, over the periods indicated in the synopsis below. The Committee considered the Separate Account’s performance as compared to its peer universe and its benchmark index, the Russell 3000® Index, before any reductions for fees or expenses. This analysis considered the impact of NAV rounding and excluded the effects of fair valuation, securities lending and class action litigation on the Separate Account’s performance as compared to the performance of its benchmark index. In this regard, the Committee considered that the performance of the Separate Account generally compared favorably to that of 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 universes of mutual funds in all reported time periods except for the ten-year period. (For additional detail regarding the Separate Account’s performance, see the synopsis below.) The Committee concluded that, under the totality of circumstances considered, the investment performance of the Separate Account was within an acceptable range.
Cost and profitability
The Committee considered financial and profitability data relating to TAI for the calendar year 2012 with respect to the Separate Account. The Committee considered TAI’s profit calculations with respect to its services to the Separate Account both before and after taking into account the costs incurred directly or indirectly by TAI in connection with the distribution of the Separate Account. The Committee acknowledged the reasonableness of having a management fee rate that permits TAI to maintain and improve the quality of services provided to the Separate Account. The Committee considered that TAI had made a profit with respect to the Separate Account under the Agreement, and expected this trend to continue. The Committee concluded that those profits were not excessive in light of various relevant factors.
During its review of TAI’s profits, the Committee noted its ongoing efforts to examine the level of personnel and other resources available to TAI for its portfolio management functions so as to assess whether sufficient resources are being devoted to these functions.
TIAA Separate Account VA-1 § 2013 Semiannual Report | 23 |
Management committee renewal of the investment management agreement (unaudited) |
Fees charged by other advisers
The Committee considered information regarding fees paid to other advisers for managing similar funds that underlie variable products, as analyzed by Lipper. The Committee determined that the management fee rate charged to the Separate Account under the Agreement typically was higher than the management fee rates charged by many or most other comparable mutual funds that underlie variable products. In this connection, the Committee also considered the inherent limitations of such comparisons in light of uncertainty as to how the fees of such similar mutual funds that underlie variable products are set and potentially material differences between the Separate Account and its comparable mutual funds, particularly since the Separate Account functions as a single tier variable annuity with expenses not normally borne by funds underlying variable products. Additionally, the Committee also considered the potential limitations of such comparisons due to the fact that, in many instances, Lipper based its comparisons on financial data relating to fiscal periods that differed from the period for which the Separate Account’s data were derived. Based on all factors considered, the Committee concluded that the management fee rate under the Agreement with respect to the Separate Account was within an acceptable range in relation to those charged by appropriate groups of comparable mutual funds that underlie variable products.
Economies of scale
The Committee considered whether TAI has experienced or is anticipated to experience economies of scale in connection with the operation of the Separate Account. The Committee determined that the current fee rate at current asset levels generally was comparable as compared to peer groups of mutual funds that underlie variable products. The Committee also noted that since the Separate Account was no longer being actively sold, TAI had little expectation that the Separate Account’s assets would grow, thus creating economies of scale that could be passed on to contractholders. Based on all factors considered, the Committee concluded that the Separate Account’s fee schedule was within an acceptable range in light of current and potential economies of scale considerations and its current asset level.
Fee comparison with other TAI clients
The Committee considered that TAI and its affiliates provide similar investment management services to other affiliated investment companies, including other funds and accounts that are indexed to the Russell 3000® Index. The Committee considered the schedule of management fee rates for each of these funds and accounts. The Committee also considered TAI’s representation that, while the management fee rate charged to the Separate Account may differ from the management fee rates charged to these other funds and accounts, this is due in part to the fact that these other funds and accounts: are offered through products that charge additional fees to their investors; are offered in different types of markets; are provided with different types or levels of services by TAI; target different types of investors; and/or are packaged with other products, and that these factors, among others, justify different management fee rate schedules.
24 | 2013 Semiannual Report § TIAA Separate Account VA-1 |
concluded |
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 and its affiliates may benefit from the advisory relationship with the Separate Account to the extent that this relationship results in potential investors viewing the TIAA-CREF group of companies as a leading retirement plan provider in the academic and nonprofit markets and as a single source for all their financial service needs. TAI, the Separate Account and other funds and accounts managed in the same manner and by the same personnel may benefit from economies of scale. Additionally, TAI and 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 Committee considered the following specific factors (among others) in connection with its determination to renew the Agreement with respect to the Separate Account. If the Separate Account is described in the following discussions 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 time periods referenced below ended as of December 31, 2012. Under the Morningstar rating system, 5 stars is the highest (best) rating category and 1 star is the lowest (worst) rating category. Statements below regarding “net profit” or “net loss” refer to whether TAI earned a profit or incurred a loss for the services that it rendered to the Separate Account during 2012 under the Agreement.
• | The Separate Account’s annual contractual management fee rate is 0.30% of average daily net assets, but was waived by TAI during 2012 to 0.15% of average daily net assets. |
• | The Separate Account’s total expenses and management fees were in the 5th and 4th quintiles of the group of comparable funds selected by Lipper for expense comparison purposes, respectively, and in the 5th and 3rd quintiles of the universe of comparable funds selected by Lipper for expense comparison purposes, respectively. |
• | The Separate Account was in the 2nd, 2nd, 3rd and 4th quintiles of the universe of comparable funds selected by Lipper for performance comparison purposes for the one-, three-, five- and ten-year periods, respectively. |
• | For the one- and three-year periods, the Separate Account’s relative gross performance (meaning the Account’s performance without any reductions for fees or expenses) as compared to its benchmark, the Russell 3000® Index, was +5 and +7 basis points, respectively. |
• | The Separate Account received an Overall Morningstar Rating of 5 stars. |
• | TAI earned a net profit with respect to its services of the Separate Account for the one-year period. |
Based primarily on the foregoing factors and considerations, the Committee renewed the Agreement for the Separate Account.
TIAA Separate Account VA-1 § 2013 Semiannual Report | 25 |
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How to reach us
TIAA–CREF website
Account performance, personal account information and transactions, product descriptions, and information about investment choices and income options
tiaa-cref.org
24 hours a day, 7 days a week
Automated telephone service
Check account performance and accumulation balances, change allocations, transfer funds and verify credited premiums
800 842-2252
24 hours a day, 7 days a week
National contact center
Retirement saving and planning, income options and payments, beneficiary services and tax reporting
800 842-2252
8 a.m. to 10 p.m. ET, Monday–Friday
9 a.m. to 6 p.m. ET, Saturday
Planning and service center
TIAA-CREF mutual funds
800 223-1200
8 a.m. to 10 p.m. ET, Monday–Friday
Insurance planning center
After-tax annuities and life insurance
For an existing policy or contract
800 223-1200
To apply for a new policy or contract
877 825-0411
8 a.m. to 8 p.m. ET, Monday–Friday
For the hearing- or
speech-impaired
800 842-2755
8 a.m. to 10 p.m. ET, Monday–Friday
9 a.m. to 6 p.m. ET, Saturday
TIAA-CREF brokerage services
Self-directed brokerage accounts for investing in stocks, bonds and mutual funds
800 927-3059
8 a.m. to 7 p.m. ET, Monday–Friday
TIAA-CREF Trust Company, FSB
Asset management, trust administration, estate planning, planned giving and endowment management
888 842-9001
9 a.m. to 6 p.m. ET, Monday–Friday
Advisor services
888 842-0318
8 a.m. to 7:30 p.m. ET, Monday–Friday
You should carefully consider the investment objectives, risks, charges and expenses of any account before investing. For a prospectus that contains this and other important information, please visit tiaa-cref.org, or call 800 223-1200. Please read the prospectus carefully before investing. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not bank deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value. TIAA-CREF Brokerage
Services is a division of TIAA-CREF Individual & Institutional Services, LLC. TIAA-CREF Individual & Institutional Services, LLC, and Teachers Personal Investors Services, Inc., members FINRA, distribute securities products. Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association (TIAA) and College Retirement Equities Fund (CREF), New York, NY. After-tax annuities and life insurance are issued by TIAA-CREF Life Insurance Company, New York, NY. TIAA-CREF Trust Company, FSB provides trust services.
©2013 Teachers Insurance and Annuity Association–College Retirement Equities Fund (TIAA-CREF),
730 Third Avenue, New York, NY 10017-3206.
Item 2. Code of Ethics.
Not applicable.
Item 3. Audit Committee Financial Expert.
Not applicable.
Item 4. Principal Accountant Fees and Services.
Not applicable.
Item 5. Audit Committee of Listed Registrants.
Not applicable.
Item 6. Schedule of Investments.
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
TIAA SEPARATE ACCOUNT VA-1
STOCK INDEX ACCOUNT
SCHEDULE OF INVESTMENTS (unaudited)
June 30, 2013
SHARES | COMPANY | VALUE (000) | ||||||
COMMON STOCKS - 99.5% | ||||||||
AUTOMOBILES & COMPONENTS - 1.1% | ||||||||
1,581 | Allison Transmission Holdings, Inc | $ | 36 | |||||
3,241 | * | American Axle & Manufacturing Holdings, Inc | 60 | |||||
5,331 | * | BorgWarner, Inc | 459 | |||||
2,813 | Cooper Tire & Rubber Co | 93 | ||||||
6,736 | Dana Holding Corp | 130 | ||||||
14,334 | Delphi Automotive plc | 727 | ||||||
1,160 | Dorman Products, Inc | 53 | ||||||
1,013 | Drew Industries, Inc | 40 | ||||||
996 | * | Federal Mogul Corp (Class A) | 10 | |||||
175,462 | Ford Motor Co | 2,714 | ||||||
735 | * | Fuel Systems Solutions, Inc | 13 | |||||
37,906 | * | General Motors Co | 1,263 | |||||
6,807 | Gentex Corp | 157 | ||||||
1,535 | * | Gentherm, Inc | 29 | |||||
11,265 | * | Goodyear Tire & Rubber Co | 172 | |||||
10,257 | Harley-Davidson, Inc | 562 | ||||||
31,173 | Johnson Controls, Inc | 1,116 | ||||||
4,131 | Lear Corp | 250 | ||||||
2,342 | * | Modine Manufacturing Co | 25 | |||||
323 | Remy International, Inc | 6 | ||||||
1,983 | Spartan Motors, Inc | 12 | ||||||
909 | Standard Motor Products, Inc | 31 | ||||||
1,336 | * | Stoneridge, Inc | 16 | |||||
1,205 | Superior Industries International, Inc | 21 | ||||||
2,780 | * | Tenneco, Inc | 126 | |||||
3,822 | *,e | Tesla Motors, Inc | 411 | |||||
2,018 | Thor Industries, Inc | 99 | ||||||
312 | * | Tower International, Inc | 6 | |||||
4,872 | * | TRW Automotive Holdings Corp | 324 | |||||
2,234 | * | Visteon Corp | 141 | |||||
1,327 | * | Winnebago Industries, Inc | 28 | |||||
|
| |||||||
TOTAL AUTOMOBILES & COMPONENTS | 9,130 | |||||||
|
| |||||||
BANKS - 3.5% | ||||||||
810 | 1st Source Corp | 19 | ||||||
1,172 | 1st United Bancorp, Inc | 8 | ||||||
351 | Access National Corp | 5 | ||||||
374 | American National Bankshares, Inc | 9 | ||||||
1,244 | * | Ameris Bancorp | 21 | |||||
387 | Ames National Corp | 9 | ||||||
1,475 | Apollo Residential Mortgage | 24 | ||||||
586 | e | Arrow Financial Corp | 15 | |||||
7,538 | Associated Banc-Corp | 117 | ||||||
4,208 | Astoria Financial Corp | 45 | ||||||
333 | Bancfirst Corp | 16 | ||||||
1,517 | Banco Latinoamericano de Exportaciones S.A. (Class E) | 34 | ||||||
4,426 | Bancorpsouth, Inc | 78 | ||||||
2,688 | Bank Mutual Corp | 15 | ||||||
2,053 | Bank of Hawaii Corp | 103 | ||||||
291 | Bank of Kentucky Financial Corp | 8 | ||||||
288 | Bank of Marin Bancorp | 12 | ||||||
1,422 | Bank of the Ozarks, Inc | 62 | ||||||
1,044 | BankFinancial Corp | 9 | ||||||
1,770 | BankUnited | 46 |
1
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
824 | Banner Corp | $ | 28 | |||||
194 | Bar Harbor Bankshares | 7 | ||||||
31,879 | BB&T Corp | 1,080 | ||||||
3,505 | BBCN Bancorp, Inc | 50 | ||||||
316 | * | BBX Capital Corp | 4 | |||||
1,950 | * | Beneficial Mutual Bancorp, Inc | 16 | |||||
1,072 | Berkshire Hills Bancorp, Inc | 30 | ||||||
812 | BNC Bancorp | 9 | ||||||
559 | * | BofI Holding, Inc | 26 | |||||
1,207 | BOK Financial Corp | 77 | ||||||
3,543 | Boston Private Financial Holdings, Inc | 38 | ||||||
354 | Bridge Bancorp, Inc | 8 | ||||||
475 | * | Bridge Capital Holdings | 8 | |||||
3,533 | Brookline Bancorp, Inc | 31 | ||||||
630 | Bryn Mawr Bank Corp | 15 | ||||||
159 | C&F Financial Corp | 9 | ||||||
460 | Camden National Corp | 16 | ||||||
1,121 | * | Capital Bank Financial Corp | 21 | |||||
831 | * | Capital City Bank Group, Inc | 10 | |||||
11,183 | CapitalSource, Inc | 105 | ||||||
7,090 | Capitol Federal Financial | 86 | ||||||
1,503 | Cardinal Financial Corp | 22 | ||||||
3,968 | Cathay General Bancorp | 81 | ||||||
645 | Center Bancorp, Inc | 8 | ||||||
1,148 | Centerstate Banks of Florida, Inc | 10 | ||||||
987 | * | Central Pacific Financial Corp | 18 | |||||
152 | Century Bancorp, Inc | 5 | ||||||
1,050 | Charter Financial Corp | 11 | ||||||
1,616 | Chemical Financial Corp | 42 | ||||||
168 | Chemung Financial Corp | 6 | ||||||
9,210 | * | CIT Group, Inc | 429 | |||||
533 | Citizens & Northern Corp | 10 | ||||||
726 | e | City Holding Co | 28 | |||||
2,136 | City National Corp | 135 | ||||||
875 | Clifton Savings Bancorp, Inc | 10 | ||||||
498 | CNB Financial Corp | 8 | ||||||
1,740 | CoBiz, Inc | 14 | ||||||
2,091 | Columbia Banking System, Inc | 50 | ||||||
8,538 | Comerica, Inc | 340 | ||||||
3,451 | Commerce Bancshares, Inc | 150 | ||||||
1,740 | Community Bank System, Inc | 54 | ||||||
1,003 | Community Trust Bancorp, Inc | 36 | ||||||
449 | * | CommunityOne Bancorp | 4 | |||||
411 | * | CU Bancorp | 7 | |||||
2,388 | e | Cullen/Frost Bankers, Inc | 159 | |||||
914 | * | Customers Bancorp, Inc | 15 | |||||
4,428 | CVB Financial Corp | 52 | ||||||
1,609 | Dime Community Bancshares | 25 | ||||||
6,269 | * | Doral Financial Corp | 5 | |||||
946 | * | Eagle Bancorp, Inc | 21 | |||||
6,966 | East West Bancorp, Inc | 192 | ||||||
301 | Enterprise Bancorp, Inc | 6 | ||||||
828 | Enterprise Financial Services Corp | 13 | ||||||
670 | ESB Financial Corp | 8 | ||||||
1,035 | ESSA Bancorp, Inc | 11 | ||||||
3,701 | EverBank Financial Corp | 61 | ||||||
324 | * | Farmers Capital Bank Corp | 7 | |||||
384 | Federal Agricultural Mortgage Corp (Class C) | 11 | ||||||
465 | Fidelity Southern Corp | 6 | ||||||
40,056 | Fifth Third Bancorp | 723 | ||||||
664 | Financial Institutions, Inc | 12 | ||||||
720 | First Bancorp (NC) | 10 | ||||||
3,468 | * | First Bancorp (Puerto Rico) | 25 |
2
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
498 | First Bancorp, Inc | $ | 9 | |||||
3,831 | First Busey Corp | 17 | ||||||
345 | First Citizens Bancshares, Inc (Class A) | 66 | ||||||
4,700 | First Commonwealth Financial Corp | 35 | ||||||
680 | First Community Bancshares, Inc | 11 | ||||||
886 | First Connecticut Bancorp | 12 | ||||||
510 | First Defiance Financial Corp | 12 | ||||||
2,653 | First Financial Bancorp | 40 | ||||||
1,438 | e | First Financial Bankshares, Inc | 80 | |||||
590 | First Financial Corp | 18 | ||||||
889 | First Financial Holdings, Inc | 19 | ||||||
814 | First Financial Northwest, Inc | 8 | ||||||
11,036 | First Horizon National Corp | 124 | ||||||
654 | First Interstate Bancsystem, Inc | 14 | ||||||
369 | First M&F Corp | 6 | ||||||
1,238 | First Merchants Corp | 21 | ||||||
3,929 | First Midwest Bancorp, Inc | 54 | ||||||
193 | * | First NBC Bank Holding Co | 5 | |||||
15,757 | First Niagara Financial Group, Inc | 159 | ||||||
288 | First of Long Island Corp | 10 | ||||||
412 | First Pactrust Bancorp, Inc | 6 | ||||||
4,299 | First Republic Bank | 165 | ||||||
2,760 | * | First Security Group, Inc | 6 | |||||
8,203 | FirstMerit Corp | 164 | ||||||
890 | * | Flagstar Bancorp, Inc | 12 | |||||
1,645 | Flushing Financial Corp | 27 | ||||||
6,390 | FNB Corp | 77 | ||||||
752 | Fox Chase Bancorp, Inc | 13 | ||||||
689 | Franklin Financial Corp | 12 | ||||||
10,086 | Fulton Financial Corp | 116 | ||||||
602 | German American Bancorp, Inc | 14 | ||||||
3,468 | Glacier Bancorp, Inc | 77 | ||||||
500 | Great Southern Bancorp, Inc | 13 | ||||||
710 | Guaranty Bancorp | 8 | ||||||
3,896 | Hancock Holding Co | 117 | ||||||
1,525 | * | Hanmi Financial Corp | 27 | |||||
928 | Heartland Financial USA, Inc | 26 | ||||||
1,007 | * | Heritage Commerce Corp | 7 | |||||
534 | Heritage Financial Corp | 8 | ||||||
917 | * | Heritage Oaks Bancorp | 6 | |||||
52 | Hingham Institution for Savings | 4 | ||||||
343 | * | Home Bancorp, Inc | 6 | |||||
2,256 | Home Bancshares, Inc | 59 | ||||||
821 | Home Federal Bancorp, Inc | 10 | ||||||
2,326 | Home Loan Servicing Solutions Ltd | 56 | ||||||
444 | HomeStreet, Inc | 10 | ||||||
980 | * | HomeTrust Bancshares, Inc | 17 | |||||
259 | Horizon Bancorp | 5 | ||||||
23,813 | Hudson City Bancorp, Inc | 218 | ||||||
754 | Hudson Valley Holding Corp | 13 | ||||||
38,444 | Huntington Bancshares, Inc | 303 | ||||||
1,370 | IBERIABANK Corp | 73 | ||||||
1,031 | Independent Bank Corp | 36 | ||||||
187 | * | Independent Bank Group, Inc | 6 | |||||
2,385 | International Bancshares Corp | 54 | ||||||
859 | * | Intervest Bancshares Corp | 6 | |||||
2,538 | Investors Bancorp, Inc | 54 | ||||||
1,441 | * | Kearny Financial Corp | 15 | |||||
44,469 | Keycorp | 491 | ||||||
1,129 | Lakeland Bancorp, Inc | 12 | ||||||
734 | Lakeland Financial Corp | 20 | ||||||
5,743 | e | M&T Bank Corp | 642 | |||||
1,090 | * | Macatawa Bank Corp | 5 |
3
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
731 | MainSource Financial Group, Inc | $ | 10 | |||||
2,798 | MB Financial, Inc | 75 | ||||||
410 | Mercantile Bank Corp | 7 | ||||||
273 | Merchants Bancshares, Inc | 8 | ||||||
249 | * | Meridian Interstate Bancorp, Inc | 5 | |||||
241 | Meta Financial Group, Inc | 6 | ||||||
759 | MetroCorp Bancshares, Inc | 7 | ||||||
14,797 | * | MGIC Investment Corp | 90 | |||||
259 | Middleburg Financial Corp | 5 | ||||||
265 | Midsouth Bancorp, Inc | 4 | ||||||
334 | MidWestOne Financial Group, Inc | 8 | ||||||
190 | * | NASB Financial, Inc | 5 | |||||
2,387 | National Bank Holdings Corp | 47 | ||||||
357 | National Bankshares, Inc | 13 | ||||||
6,208 | National Penn Bancshares, Inc | 63 | ||||||
928 | *,e | Nationstar Mortgage Holdings, Inc | 35 | |||||
1,992 | NBT Bancorp, Inc | 42 | ||||||
20,180 | e | New York Community Bancorp, Inc | 283 | |||||
1,173 | * | NewBridge Bancorp | 7 | |||||
2,646 | Northfield Bancorp, Inc | 31 | ||||||
302 | Northrim BanCorp, Inc | 7 | ||||||
4,319 | Northwest Bancshares, Inc | 58 | ||||||
741 | OceanFirst Financial Corp | 12 | ||||||
4,732 | * | Ocwen Financial Corp | 195 | |||||
2,272 | OFG Bancorp | 41 | ||||||
3,801 | Old National Bancorp | 53 | ||||||
700 | * | OmniAmerican Bancorp, Inc | 15 | |||||
2,090 | Oritani Financial Corp | 33 | ||||||
991 | Pacific Continental Corp | 12 | ||||||
726 | * | Pacific Premier Bancorp, Inc | 9 | |||||
1,796 | PacWest Bancorp | 55 | ||||||
529 | e | Park National Corp | 36 | |||||
1,481 | * | Park Sterling Bank | 9 | |||||
420 | Peapack Gladstone Financial Corp | 7 | ||||||
221 | Penns Woods Bancorp, Inc | 9 | ||||||
720 | * | Pennsylvania Commerce Bancorp, Inc | 14 | |||||
575 | * | PennyMac Financial Services, Inc | 12 | |||||
595 | Peoples Bancorp, Inc | 13 | ||||||
14,730 | People's United Financial, Inc | 219 | ||||||
1,766 | * | Pinnacle Financial Partners, Inc | 45 | |||||
24,240 | PNC Financial Services Group, Inc | 1,768 | ||||||
4,451 | * | Popular, Inc | 135 | |||||
564 | * | Preferred Bank | 9 | |||||
3,026 | PrivateBancorp, Inc | 64 | ||||||
2,068 | Prosperity Bancshares, Inc | 107 | ||||||
446 | Provident Financial Holdings, Inc | 7 | ||||||
2,748 | Provident Financial Services, Inc | 43 | ||||||
2,753 | Provident New York Bancorp | 26 | ||||||
7,892 | e | Radian Group, Inc | 92 | |||||
64,704 | Regions Financial Corp | 617 | ||||||
1,026 | e | Renasant Corp | 25 | |||||
612 | Republic Bancorp, Inc (Class A) | 13 | ||||||
1,513 | Rockville Financial, Inc | 20 | ||||||
629 | Roma Financial Corp | 11 | ||||||
1,211 | S&T Bancorp, Inc | 24 | ||||||
615 | S.Y. Bancorp, Inc | 15 | ||||||
1,250 | Sandy Spring Bancorp, Inc | 27 | ||||||
728 | e | SCBT Financial Corp | 37 | |||||
3,679 | * | Seacoast Banking Corp of Florida | 8 | |||||
370 | Sierra Bancorp | 5 | ||||||
2,150 | * | Signature Bank | 178 | |||||
905 | Simmons First National Corp (Class A) | 24 | ||||||
962 | e | Southside Bancshares, Inc | 23 |
4
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
740 | * | Southwest Bancorp, Inc | $ | 10 | ||||
1,614 | State Bank & Trust Co | 24 | ||||||
1,347 | StellarOne Corp | 26 | ||||||
1,199 | Sterling Bancorp | 14 | ||||||
1,571 | Sterling Financial Corp | 37 | ||||||
513 | * | Suffolk Bancorp | 8 | |||||
1,927 | * | Sun Bancorp, Inc | 7 | |||||
24,727 | SunTrust Banks, Inc | 781 | ||||||
8,530 | Susquehanna Bancshares, Inc | 110 | ||||||
2,032 | * | SVB Financial Group | 169 | |||||
36,305 | Synovus Financial Corp | 106 | ||||||
607 | * | Taylor Capital Group, Inc | 10 | |||||
7,501 | TCF Financial Corp | 106 | ||||||
700 | Territorial Bancorp, Inc | 16 | ||||||
1,877 | * | Texas Capital Bancshares, Inc | 83 | |||||
3,624 | * | TFS Financial Corp | 41 | |||||
1,514 | * | The Bancorp, Inc | 23 | |||||
429 | Tompkins Trustco, Inc | 19 | ||||||
1,255 | e | TowneBank | 18 | |||||
286 | Tree.com, Inc | 5 | ||||||
726 | Trico Bancshares | 15 | ||||||
307 | * | Tristate Capital Holdings, Inc | 4 | |||||
5,202 | Trustco Bank Corp NY | 28 | ||||||
3,090 | Trustmark Corp | 76 | ||||||
1,489 | UMB Financial Corp | 83 | ||||||
5,809 | Umpqua Holdings Corp | 87 | ||||||
814 | Union Bankshares Corp | 17 | ||||||
2,414 | e | United Bankshares, Inc | 64 | |||||
2,012 | * | United Community Banks, Inc | 25 | |||||
1,829 | * | United Community Financial Corp | 9 | |||||
1,056 | United Financial Bancorp, Inc | 16 | ||||||
792 | Univest Corp of Pennsylvania | 15 | ||||||
84,704 | US Bancorp | 3,062 | ||||||
9,153 | e | Valley National Bancorp | 87 | |||||
1,734 | ViewPoint Financial Group | 36 | ||||||
1,010 | * | Virginia Commerce Bancorp | 14 | |||||
568 | * | Walker & Dunlop, Inc | 10 | |||||
835 | Washington Banking Co | 12 | ||||||
4,778 | Washington Federal, Inc | 90 | ||||||
881 | Washington Trust Bancorp, Inc | 25 | ||||||
4,133 | Webster Financial Corp | 106 | ||||||
221,085 | Wells Fargo & Co | 9,124 | ||||||
1,213 | WesBanco, Inc | 32 | ||||||
746 | West Bancorporation, Inc | 9 | ||||||
1,286 | e | Westamerica Bancorporation | 59 | |||||
3,370 | * | Western Alliance Bancorp | 53 | |||||
1,313 | Westfield Financial, Inc | 9 | ||||||
2,922 | Wilshire Bancorp, Inc | 19 | ||||||
1,704 | Wintrust Financial Corp | 65 | ||||||
320 | WSFS Financial Corp | 17 | ||||||
662 | * | Yadkin Financial Corp | 9 | |||||
8,430 | Zions Bancorporation | 243 | ||||||
|
| |||||||
TOTAL BANKS | 28,921 | |||||||
|
| |||||||
CAPITAL GOODS - 8.1% | ||||||||
31,605 | 3M Co | 3,456 | ||||||
3,590 | A.O. Smith Corp | 130 | ||||||
851 | Aaon, Inc | 28 | ||||||
1,829 | AAR Corp | 40 | ||||||
2,045 | *,e | Accuride Corp | 10 | |||||
1,483 | Aceto Corp | 21 | ||||||
3,339 | Actuant Corp (Class A) | 110 | ||||||
1,964 | Acuity Brands, Inc | 148 |
5
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
4,649 | * | Aecom Technology Corp | $ | 148 | ||||
1,808 | * | Aegion Corp | 41 | |||||
831 | * | Aerovironment, Inc | 17 | |||||
4,488 | AGCO Corp | 225 | ||||||
3,284 | Air Lease Corp | 91 | ||||||
2,801 | Aircastle Ltd | 45 | ||||||
374 | Alamo Group, Inc | 15 | ||||||
1,351 | Albany International Corp (Class A) | 45 | ||||||
1,338 | Alliant Techsystems, Inc | 110 | ||||||
1,234 | Altra Holdings, Inc | 34 | ||||||
909 | * | Ameresco, Inc | 8 | |||||
440 | e | American Railcar Industries, Inc | 15 | |||||
373 | American Science & Engineering, Inc | 21 | ||||||
2,155 | *,e | American Superconductor Corp | 6 | |||||
475 | * | American Woodmark Corp | 16 | |||||
11,155 | Ametek, Inc | 472 | ||||||
475 | Ampco-Pittsburgh Corp | 9 | ||||||
1,541 | * | API Technologies Corp | 4 | |||||
1,353 | Apogee Enterprises, Inc | 32 | ||||||
1,924 | Applied Industrial Technologies, Inc | 93 | ||||||
420 | Argan, Inc | 7 | ||||||
1,172 | Armstrong World Industries, Inc | 56 | ||||||
4,418 | * | ArvinMeritor, Inc | 31 | |||||
729 | Astec Industries, Inc | 25 | ||||||
525 | * | Astronics Corp | 21 | |||||
1,446 | AZZ, Inc | 56 | ||||||
5,143 | Babcock & Wilcox Co | 154 | ||||||
2,453 | Barnes Group, Inc | 74 | ||||||
4,584 | * | BE Aerospace, Inc | 289 | |||||
2,092 | * | Beacon Roofing Supply, Inc | 79 | |||||
2,021 | Belden CDT, Inc | 101 | ||||||
2,508 | * | Blount International, Inc | 30 | |||||
1,497 | * | Bluelinx Holdings, Inc | 3 | |||||
34,660 | Boeing Co | 3,551 | ||||||
2,120 | Brady Corp (Class A) | 65 | ||||||
2,200 | Briggs & Stratton Corp | 44 | ||||||
2,524 | * | Builders FirstSource, Inc | 15 | |||||
793 | * | CAI International, Inc | 19 | |||||
12,740 | *,e | Capstone Turbine Corp | 15 | |||||
2,910 | Carlisle Cos, Inc | 181 | ||||||
30,053 | Caterpillar, Inc | 2,479 | ||||||
1,390 | * | Chart Industries, Inc | 131 | |||||
4,600 | Chicago Bridge & Iron Co NV | 274 | ||||||
839 | CIRCOR International, Inc | 43 | ||||||
2,273 | Clarcor, Inc | 119 | ||||||
1,332 | CNH Global NV | 55 | ||||||
428 | Coleman Cable, Inc | 8 | ||||||
3,640 | * | Colfax Corp | 190 | |||||
1,162 | * | Columbus McKinnon Corp | 25 | |||||
1,853 | Comfort Systems USA, Inc | 28 | ||||||
1,268 | * | Commercial Vehicle Group, Inc | 9 | |||||
2,220 | Crane Co | 133 | ||||||
916 | Cubic Corp | 44 | ||||||
8,690 | Cummins, Inc | 943 | ||||||
2,140 | Curtiss-Wright Corp | 79 | ||||||
26,842 | Danaher Corp | 1,699 | ||||||
17,765 | Deere & Co | 1,443 | ||||||
3,419 | * | DigitalGlobe, Inc | 106 | |||||
6,818 | Donaldson Co, Inc | 243 | ||||||
932 | Douglas Dynamics, Inc | 12 | ||||||
7,806 | Dover Corp | 606 | ||||||
485 | * | Ducommun, Inc | 10 | |||||
430 | * | DXP Enterprises, Inc | 29 |
6
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,512 | * | Dycom Industries, Inc | $ | 35 | ||||
757 | Dynamic Materials Corp | 12 | ||||||
21,462 | Eaton Corp | 1,412 | ||||||
758 | * | Edgen Group, Inc | 5 | |||||
2,978 | EMCOR Group, Inc | 121 | ||||||
32,921 | Emerson Electric Co | 1,796 | ||||||
840 | Encore Wire Corp | 29 | ||||||
1,511 | * | Energy Recovery, Inc | 6 | |||||
2,205 | EnerSys | 108 | ||||||
788 | * | Engility Holdings, Inc | 22 | |||||
711 | * | Enphase Energy, Inc | 5 | |||||
908 | * | EnPro Industries, Inc | 46 | |||||
1,380 | ESCO Technologies, Inc | 45 | ||||||
1,554 | * | Esterline Technologies Corp | 112 | |||||
9,057 | Exelis, Inc | 125 | ||||||
13,771 | Fastenal Co | 631 | ||||||
3,085 | * | Federal Signal Corp | 27 | |||||
2,307 | * | Flow International Corp | 9 | |||||
6,553 | Flowserve Corp | 354 | ||||||
7,463 | Fluor Corp | 443 | ||||||
7,322 | Fortune Brands Home & Security, Inc | 284 | ||||||
2,155 | Franklin Electric Co, Inc | 73 | ||||||
635 | Freightcar America, Inc | 11 | ||||||
7,600 | *,e | FuelCell Energy, Inc | 10 | |||||
2,145 | * | Furmanite Corp | 14 | |||||
2,249 | Gardner Denver, Inc | 169 | ||||||
2,148 | GATX Corp | 102 | ||||||
2,932 | *,e | GenCorp, Inc | 48 | |||||
2,206 | Generac Holdings, Inc | 82 | ||||||
2,068 | General Cable Corp | 64 | ||||||
13,677 | General Dynamics Corp | 1,071 | ||||||
473,472 | General Electric Co | 10,980 | ||||||
1,594 | * | Gibraltar Industries, Inc | 23 | |||||
809 | Global Power Equipment Group, Inc | 13 | ||||||
795 | Gorman-Rupp Co | 25 | ||||||
2,811 | Graco, Inc | 178 | ||||||
4,898 | *,e | GrafTech International Ltd | 36 | |||||
470 | Graham Corp | 14 | ||||||
1,832 | Granite Construction, Inc | 55 | ||||||
3,079 | Great Lakes Dredge & Dock Corp | 24 | ||||||
1,109 | * | Greenbrier Cos, Inc | 27 | |||||
2,067 | Griffon Corp | 23 | ||||||
1,293 | H&E Equipment Services, Inc | 27 | ||||||
534 | Hardinge, Inc | 8 | ||||||
3,933 | Harsco Corp | 91 | ||||||
2,422 | Heico Corp | 122 | ||||||
4,837 | * | Hexcel Corp | 165 | |||||
36,032 | Honeywell International, Inc | 2,859 | ||||||
800 | Houston Wire & Cable Co | 11 | ||||||
2,715 | Hubbell, Inc (Class B) | 269 | ||||||
2,459 | Huntington Ingalls | 139 | ||||||
316 | Hurco Cos, Inc | 9 | ||||||
481 | Hyster-Yale Materials Handling, Inc | 30 | ||||||
3,746 | IDEX Corp | 202 | ||||||
2,585 | * | II-VI, Inc | 42 | |||||
17,295 | Illinois Tool Works, Inc | 1,196 | ||||||
13,684 | Ingersoll-Rand plc | 760 | ||||||
916 | Insteel Industries, Inc | 16 | ||||||
4,120 | ITT Corp | 121 | ||||||
6,034 | * | Jacobs Engineering Group, Inc | 333 | |||||
1,308 | John Bean Technologies Corp | 27 | ||||||
4,866 | Joy Global, Inc | 236 | ||||||
386 | Kadant, Inc | 12 |
7
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,238 | Kaman Corp | $ | 43 | |||||
1,480 | Kaydon Corp | 41 | ||||||
6,842 | KBR, Inc | 222 | ||||||
3,598 | Kennametal, Inc | 140 | ||||||
1,479 | *,e | KEYW Holding Corp | 20 | |||||
1,860 | * | Kratos Defense & Security Solutions, Inc | 12 | |||||
4,021 | L-3 Communications Holdings, Inc | 345 | ||||||
990 | * | Layne Christensen Co | 19 | |||||
464 | LB Foster Co (Class A) | 20 | ||||||
2,308 | Lennox International, Inc | 149 | ||||||
3,889 | Lincoln Electric Holdings, Inc | 223 | ||||||
623 | Lindsay Manufacturing Co | 47 | ||||||
533 | * | LMI Aerospace, Inc | 10 | |||||
11,891 | Lockheed Martin Corp | 1,290 | ||||||
1,293 | LSI Industries, Inc | 10 | ||||||
853 | * | Lydall, Inc | 12 | |||||
6,133 | Manitowoc Co, Inc | 110 | ||||||
16,328 | Masco Corp | 318 | ||||||
2,813 | * | Mastec, Inc | 93 | |||||
901 | Met-Pro Corp | 12 | ||||||
445 | Michael Baker Corp | 12 | ||||||
947 | * | Middleby Corp | 161 | |||||
614 | Miller Industries, Inc | 9 | ||||||
1,850 | * | Moog, Inc (Class A) | 95 | |||||
3,441 | * | MRC Global, Inc | 95 | |||||
2,169 | MSC Industrial Direct Co (Class A) | 168 | ||||||
1,284 | Mueller Industries, Inc | 65 | ||||||
7,534 | Mueller Water Products, Inc (Class A) | 52 | ||||||
881 | * | MYR Group, Inc | 17 | |||||
206 | e | National Presto Industries, Inc | 15 | |||||
2,730 | *,e | Navistar International Corp | 76 | |||||
926 | * | NCI Building Systems, Inc | 14 | |||||
822 | NN, Inc | 9 | ||||||
2,935 | Nordson Corp | 203 | ||||||
383 | * | Nortek, Inc | 25 | |||||
10,767 | Northrop Grumman Corp | 891 | ||||||
435 | * | Northwest Pipe Co | 12 | |||||
2,760 | * | Orbital Sciences Corp | 48 | |||||
1,499 | * | Orion Marine Group, Inc | 18 | |||||
4,025 | * | Oshkosh Truck Corp | 153 | |||||
5,451 | * | Owens Corning, Inc | 213 | |||||
16,205 | Paccar, Inc | 870 | ||||||
5,093 | Pall Corp | 338 | ||||||
6,831 | Parker Hannifin Corp | 652 | ||||||
205 | * | Patrick Industries, Inc | 4 | |||||
9,355 | Pentair Ltd | 540 | ||||||
1,399 | * | Perini Corp | 25 | |||||
1,472 | * | Pgt, Inc | 13 | |||||
1,025 | Pike Electric Corp | 13 | ||||||
738 | * | Ply Gem Holdings, Inc | 15 | |||||
762 | * | PMFG, Inc | 5 | |||||
2,131 | *,e | Polypore International, Inc | 86 | |||||
458 | * | Powell Industries, Inc | 24 | |||||
751 | * | PowerSecure International, Inc | 11 | |||||
6,710 | Precision Castparts Corp | 1,517 | ||||||
96 | Preformed Line Products Co | 6 | ||||||
1,410 | Primoris Services Corp | 28 | ||||||
776 | *,e | Proto Labs, Inc | 50 | |||||
1,720 | Quanex Building Products Corp | 29 | ||||||
9,586 | * | Quanta Services, Inc | 254 | |||||
1,726 | Raven Industries, Inc | 52 | ||||||
14,863 | Raytheon Co | 983 | ||||||
1,025 | * | RBC Bearings, Inc | 53 |
8
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,981 | Regal-Beloit Corp | $ | 128 | |||||
1,359 | * | Revolution Lighting Technologies, Inc | 5 | |||||
1,385 | * | Rexnord Corp | 23 | |||||
6,397 | Rockwell Automation, Inc | 532 | ||||||
6,212 | Rockwell Collins, Inc | 394 | ||||||
4,430 | Roper Industries, Inc | 550 | ||||||
1,703 | * | Rush Enterprises, Inc (Class A) | 42 | |||||
1,742 | Simpson Manufacturing Co, Inc | 51 | ||||||
2,633 | Snap-On, Inc | 235 | ||||||
988 | * | SolarCity Corp | 37 | |||||
460 | * | Sparton Corp | 8 | |||||
5,621 | * | Spirit Aerosystems Holdings, Inc (Class A) | 121 | |||||
2,145 | SPX Corp | 154 | ||||||
616 | Standex International Corp | 32 | ||||||
7,430 | Stanley Works | 574 | ||||||
701 | * | Sterling Construction Co, Inc | 6 | |||||
1,027 | Sun Hydraulics Corp | 32 | ||||||
1,327 | e | TAL International Group, Inc | 58 | |||||
1,988 | * | Taser International, Inc | 17 | |||||
346 | * | Tecumseh Products Co (Class A) | 4 | |||||
1,716 | * | Teledyne Technologies, Inc | 133 | |||||
851 | Tennant Co | 41 | ||||||
5,365 | * | Terex Corp | 141 | |||||
967 | e | Textainer Group Holdings Ltd | 37 | |||||
12,735 | Textron, Inc | 332 | ||||||
262 | * | The ExOne Company | 16 | |||||
728 | * | Thermon Group Holdings | 15 | |||||
3,958 | Timken Co | 223 | ||||||
2,439 | e | Titan International, Inc | 41 | |||||
784 | *,e | Titan Machinery, Inc | 15 | |||||
2,682 | Toro Co | 122 | ||||||
2,397 | TransDigm Group, Inc | 376 | ||||||
714 | * | Trex Co, Inc | 34 | |||||
1,827 | * | Trimas Corp | 68 | |||||
3,579 | Trinity Industries, Inc | 138 | ||||||
2,423 | Triumph Group, Inc | 192 | ||||||
370 | Twin Disc, Inc | 9 | ||||||
4,317 | * | United Rentals, Inc | 215 | |||||
42,074 | United Technologies Corp | 3,910 | ||||||
979 | Universal Forest Products, Inc | 39 | ||||||
3,259 | URS Corp | 154 | ||||||
3,497 | *,e | USG Corp | 81 | |||||
1,217 | Valmont Industries, Inc | 174 | ||||||
1,023 | Vicor Corp | 7 | ||||||
2,705 | W.W. Grainger, Inc | 682 | ||||||
3,136 | * | Wabash National Corp | 32 | |||||
2,676 | * | WABCO Holdings, Inc | 200 | |||||
1,468 | Watsco, Inc | 123 | ||||||
1,120 | Watts Water Technologies, Inc (Class A) | 51 | ||||||
2,122 | * | WESCO International, Inc | 144 | |||||
4,484 | Westinghouse Air Brake Technologies Corp | 240 | ||||||
3,144 | Woodward Governor Co | 126 | ||||||
502 | * | Xerium Technologies, Inc | 5 | |||||
8,479 | Xylem, Inc | 228 | ||||||
|
| |||||||
TOTAL CAPITAL GOODS | 66,660 | |||||||
|
| |||||||
COMMERCIAL & PROFESSIONAL SERVICES - 1.0% | ||||||||
2,600 | ABM Industries, Inc | 64 | ||||||
2,247 | Acacia Research (Acacia Technologies) | 50 | ||||||
5,555 | * | ACCO Brands Corp | 35 | |||||
828 | e | Acorn Energy, Inc | 7 | |||||
1,016 | Administaff, Inc | 31 |
9
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
10,016 | ADT Corp | $ | 399 | |||||
1,661 | * | Advisory Board Co | 91 | |||||
928 | American Ecology Corp | 25 | ||||||
2,166 | * | ARC Document Solutions, Inc | 9 | |||||
508 | * | AT Cross Co | 9 | |||||
4,552 | Avery Dennison Corp | 195 | ||||||
383 | Barrett Business Services, Inc | 20 | ||||||
2,034 | Brink’s Co | 52 | ||||||
1,375 | * | Casella Waste Systems, Inc (Class A) | 6 | |||||
2,526 | *,e | CBIZ, Inc | 17 | |||||
669 | CDI Corp | 9 | ||||||
242 | Ceco Environmental Corp | 3 | ||||||
3,345 | *,e | Cenveo, Inc | 7 | |||||
4,681 | Cintas Corp | 213 | ||||||
2,765 | * | Clean Harbors, Inc | 140 | |||||
334 | * | Consolidated Graphics, Inc | 16 | |||||
5,437 | *,e | Coolbrands International, Inc | 5 | |||||
5,046 | * | Copart, Inc | 155 | |||||
1,551 | Corporate Executive Board Co | 98 | ||||||
5,298 | Corrections Corp of America | 179 | ||||||
594 | Courier Corp | 9 | ||||||
4,991 | e | Covanta Holding Corp | 100 | |||||
555 | * | CRA International, Inc | 10 | |||||
2,340 | Deluxe Corp | 81 | ||||||
1,900 | e | Dun & Bradstreet Corp | 185 | |||||
1,037 | * | EnerNOC, Inc | 14 | |||||
1,357 | Ennis, Inc | 23 | ||||||
5,519 | Equifax, Inc | 325 | ||||||
641 | Exponent, Inc | 38 | ||||||
419 | * | Franklin Covey Co | 6 | |||||
2,013 | * | FTI Consulting, Inc | 66 | |||||
916 | G & K Services, Inc (Class A) | 44 | ||||||
3,325 | Geo Group, Inc | 113 | ||||||
645 | * | GP Strategies Corp | 15 | |||||
3,373 | Healthcare Services Group | 83 | ||||||
943 | Heidrick & Struggles International, Inc | 16 | ||||||
218 | * | Heritage-Crystal Clean, Inc | 3 | |||||
2,682 | Herman Miller, Inc | 73 | ||||||
2,154 | HNI Corp | 78 | ||||||
1,154 | * | Huron Consulting Group, Inc | 53 | |||||
892 | * | ICF International, Inc | 28 | |||||
7,377 | * | ICO Global Communications Holdings Ltd | 19 | |||||
3,014 | * | IHS, Inc (Class A) | 315 | |||||
1,756 | *,e | Innerworkings, Inc | 19 | |||||
2,666 | Interface, Inc | 45 | ||||||
462 | Intersections, Inc | 4 | ||||||
7,789 | Iron Mountain, Inc | 207 | ||||||
3,363 | KAR Auction Services, Inc | 77 | ||||||
1,394 | Kelly Services, Inc (Class A) | 24 | ||||||
1,380 | Kforce, Inc | 20 | ||||||
1,737 | Kimball International, Inc (Class B) | 17 | ||||||
2,203 | Knoll, Inc | 31 | ||||||
2,239 | * | Korn/Ferry International | 42 | |||||
3,533 | Manpower, Inc | 194 | ||||||
1,316 | McGrath RentCorp | 45 | ||||||
1,290 | Mine Safety Appliances Co | 60 | ||||||
757 | * | Mistras Group, Inc | 13 | |||||
1,712 | * | Mobile Mini, Inc | 57 | |||||
514 | Multi-Color Corp | 16 | ||||||
79 | * | National Technical Systems, Inc | 1 | |||||
2,873 | * | Navigant Consulting, Inc | 34 | |||||
7,571 | Nielsen Holdings NV | 254 | ||||||
563 | NL Industries, Inc | 6 |
10
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
3,322 | *,e | Odyssey Marine Exploration, Inc | $ | 10 | ||||
2,101 | * | On Assignment, Inc | 56 | |||||
931 | * | Performant Financial Corp | 11 | |||||
9,167 | e | Pitney Bowes, Inc | 135 | |||||
891 | Quad | 21 | ||||||
8,306 | e | R.R. Donnelley & Sons Co | 116 | |||||
12,521 | Republic Services, Inc | 425 | ||||||
2,774 | Resources Connection, Inc | 32 | ||||||
6,518 | Robert Half International, Inc | 217 | ||||||
2,927 | Rollins, Inc | 76 | ||||||
1,472 | * | RPX Corp | 25 | |||||
585 | Schawk, Inc (Class A) | 8 | ||||||
672 | * | Standard Parking Corp | 14 | |||||
3,734 | Steelcase, Inc (Class A) | 54 | ||||||
3,954 | * | Stericycle, Inc | 437 | |||||
946 | * | Team, Inc | 36 | |||||
3,077 | * | Tetra Tech, Inc | 72 | |||||
648 | TMS International Corp | 10 | ||||||
2,980 | Towers Watson & Co | 244 | ||||||
896 | * | TRC Cos, Inc | 6 | |||||
1,954 | * | TrueBlue, Inc | 41 | |||||
664 | Unifirst Corp | 61 | ||||||
1,860 | United Stationers, Inc | 62 | ||||||
6,929 | * | Verisk Analytics, Inc | 414 | |||||
1,084 | Viad Corp | 27 | ||||||
205 | VSE Corp | 8 | ||||||
1,134 | * | WageWorks, Inc | 39 | |||||
5,657 | Waste Connections, Inc | 233 | ||||||
21,392 | Waste Management, Inc | 863 | ||||||
921 | West Corp | 20 | ||||||
|
| |||||||
TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 8,471 | |||||||
|
| |||||||
CONSUMER DURABLES & APPAREL - 1.6% | ||||||||
1,463 | American Greetings Corp (Class A) | 27 | ||||||
653 | Arctic Cat, Inc | 29 | ||||||
562 | Bassett Furniture Industries, Inc | 9 | ||||||
970 | *,e | Beazer Homes USA, Inc | 17 | |||||
499 | e | Blyth, Inc | 7 | |||||
4,339 | Brunswick Corp | 139 | ||||||
3,430 | e | Callaway Golf Co | 23 | |||||
2,448 | Carter's, Inc | 181 | ||||||
379 | * | Cavco Industries, Inc | 19 | |||||
715 | * | Clarus Corp | 7 | |||||
12,872 | Coach, Inc | 735 | ||||||
562 | e | Columbia Sportswear Co | 35 | |||||
4,050 | * | CROCS, Inc | 67 | |||||
269 | CSS Industries, Inc | 7 | ||||||
222 | Culp, Inc | 4 | ||||||
1,570 | *,e | Deckers Outdoor Corp | 79 | |||||
12,912 | DR Horton, Inc | 275 | ||||||
1,299 | e | Ethan Allen Interiors, Inc | 37 | |||||
462 | * | EveryWare Global, Inc | 6 | |||||
5,284 | * | Fifth & Pacific Cos, Inc | 118 | |||||
59 | Flexsteel Industries, Inc | 1 | ||||||
2,354 | * | Fossil Group, Inc | 243 | |||||
5,292 | *,e | Garmin Ltd | 191 | |||||
811 | * | G-III Apparel Group Ltd | 39 | |||||
4,488 | Hanesbrands, Inc | 231 | ||||||
3,112 | Harman International Industries, Inc | 169 | ||||||
5,210 | e | Hasbro, Inc | 234 | |||||
1,486 | * | Helen of Troy Ltd | 57 | |||||
500 | Hooker Furniture Corp | 8 |
11
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
4,761 | *,e | Hovnanian Enterprises, Inc (Class A) | $ | 27 | ||||
2,610 | * | Iconix Brand Group, Inc | 77 | |||||
1,204 | * | iRobot Corp | 48 | |||||
816 | e | Jakks Pacific, Inc | 9 | |||||
5,152 | * | Jarden Corp | 225 | |||||
232 | * | Johnson Outdoors, Inc | 6 | |||||
4,415 | Jones Apparel Group, Inc | 61 | ||||||
3,831 | e | KB Home | 75 | |||||
2,552 | La-Z-Boy, Inc | 52 | ||||||
2,910 | *,e | Leapfrog Enterprises, Inc | 29 | |||||
6,635 | e | Leggett & Platt, Inc | 206 | |||||
7,572 | e | Lennar Corp (Class A) | 273 | |||||
847 | * | Libbey, Inc | 20 | |||||
362 | Lifetime Brands, Inc | 5 | ||||||
862 | * | M/I Homes, Inc | 20 | |||||
1,202 | * | Maidenform Brands, Inc | 21 | |||||
441 | Marine Products Corp | 3 | ||||||
15,817 | Mattel, Inc | 717 | ||||||
1,887 | MDC Holdings, Inc | 61 | ||||||
1,657 | * | Meritage Homes Corp | 72 | |||||
9,194 | * | Michael Kors Holdings Ltd | 570 | |||||
2,729 | * | Mohawk Industries, Inc | 307 | |||||
817 | Movado Group, Inc | 28 | ||||||
271 | Nacco Industries, Inc (Class A) | 15 | ||||||
1,389 | * | Nautilus, Inc | 12 | |||||
13,250 | Newell Rubbermaid, Inc | 348 | ||||||
32,600 | Nike, Inc (Class B) | 2,076 | ||||||
233 | * | NVR, Inc | 215 | |||||
621 | Oxford Industries, Inc | 39 | ||||||
546 | Perry Ellis International, Inc | 11 | ||||||
3,714 | Phillips-Van Heusen Corp | 464 | ||||||
3,100 | Polaris Industries, Inc | 294 | ||||||
2,133 | Pool Corp | 112 | ||||||
17,365 | * | Pulte Homes, Inc | 329 | |||||
6,076 | * | Quiksilver, Inc | 39 | |||||
2,749 | Ralph Lauren Corp | 478 | ||||||
444 | RG Barry Corp | 7 | ||||||
2,334 | Ryland Group, Inc | 94 | ||||||
1,898 | * | Skechers U.S.A., Inc (Class A) | 46 | |||||
796 | *,e | Skullcandy, Inc | 4 | |||||
2,979 | *,e | Smith & Wesson Holding Corp | 30 | |||||
6,786 | * | Standard-Pacific Corp | 56 | |||||
288 | * | Steinway Musical Instruments, Inc | 9 | |||||
1,788 | * | Steven Madden Ltd | 86 | |||||
887 | e | Sturm Ruger & Co, Inc | 43 | |||||
995 | * | Taylor Morrison Home Corp | 24 | |||||
2,758 | * | Tempur-Pedic International, Inc | 121 | |||||
7,450 | * | Toll Brothers, Inc | 243 | |||||
650 | * | TRI Pointe Homes, Inc | 11 | |||||
1,206 | True Religion Apparel, Inc | 38 | ||||||
2,191 | * | Tumi Holdings, Inc | 53 | |||||
2,427 | Tupperware Corp | 188 | ||||||
3,832 | *,e | Under Armour, Inc (Class A) | 229 | |||||
700 | * | Unifi, Inc | 14 | |||||
787 | * | Universal Electronics, Inc | 22 | |||||
1,001 | *,e | Vera Bradley, Inc | 22 | |||||
4,012 | VF Corp | 775 | ||||||
378 | Weyco Group, Inc | 9 | ||||||
3,614 | Whirlpool Corp | 413 | ||||||
638 | * | William Lyon Homes, Inc | 16 | |||||
2,302 | Wolverine World Wide, Inc | 126 | ||||||
1,005 | *,e | Zagg, Inc | 5 | |||||
|
| |||||||
TOTAL CONSUMER DURABLES & APPAREL | 13,022 | |||||||
|
|
12
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
CONSUMER SERVICES - 2.2% | ||||||||
1,093 | * | AFC Enterprises | $ | 39 | ||||
812 | * | American Public Education, Inc | 30 | |||||
1,644 | Ameristar Casinos, Inc | 43 | ||||||
4,416 | * | Apollo Group, Inc (Class A) | 78 | |||||
692 | * | Ascent Media Corp (Series A) | 54 | |||||
1,860 | *,e | Bally Technologies, Inc | 105 | |||||
1,195 | * | BJ’s Restaurants, Inc | 44 | |||||
2,531 | * | Bloomin’ Brands, Inc | 63 | |||||
1,276 | Bob Evans Farms, Inc | 60 | ||||||
2,708 | * | Boyd Gaming Corp | 31 | |||||
987 | * | Bravo Brio Restaurant Group, Inc | 18 | |||||
910 | * | Bridgepoint Education, Inc | 11 | |||||
512 | * | Bright Horizons Family Solutions | 18 | |||||
3,240 | Brinker International, Inc | 128 | ||||||
859 | * | Buffalo Wild Wings, Inc | 84 | |||||
3,570 | Burger King Worldwide, Inc | 70 | ||||||
1,990 | *,e | Caesars Entertainment Corp | 27 | |||||
428 | * | Capella Education Co | 18 | |||||
3,103 | * | Career Education Corp | 9 | |||||
18,999 | Carnival Corp | 651 | ||||||
741 | Carriage Services, Inc | 13 | ||||||
620 | * | Carrols Restaurant Group, Inc | 4 | |||||
749 | CBRL Group, Inc | 71 | ||||||
1,153 | CEC Entertainment, Inc | 47 | ||||||
2,494 | Cheesecake Factory | 104 | ||||||
1,475 | * | Chipotle Mexican Grill, Inc (Class A) | 537 | |||||
1,471 | e | Choice Hotels International, Inc | 58 | |||||
533 | Churchill Downs, Inc | 42 | ||||||
751 | * | Chuy’s Holdings, Inc | 29 | |||||
4,659 | *,e | Corinthian Colleges, Inc | 10 | |||||
5,864 | Darden Restaurants, Inc | 296 | ||||||
4,746 | * | Denny’s Corp | 27 | |||||
2,747 | DeVry, Inc | 85 | ||||||
740 | DineEquity, Inc | 51 | ||||||
495 | * | Diversified Restaurant Holdings, Inc | 4 | |||||
2,824 | Domino’s Pizza, Inc | 164 | ||||||
4,115 | Dunkin Brands Group, Inc | 176 | ||||||
1,176 | * | Education Management Corp | 7 | |||||
289 | Einstein Noah Restaurant Group, Inc | 4 | ||||||
694 | * | Fiesta Restaurant Group, Inc | 24 | |||||
2,029 | * | Grand Canyon Education, Inc | 65 | |||||
12,810 | H&R Block, Inc | 356 | ||||||
2,578 | Hillenbrand, Inc | 61 | ||||||
2,039 | * | Hyatt Hotels Corp | 82 | |||||
309 | * | Ignite Restaurant Group, Inc | 6 | |||||
11,921 | International Game Technology | 199 | ||||||
903 | International Speedway Corp (Class A) | 28 | ||||||
1,901 | Interval Leisure Group, Inc | 38 | ||||||
1,142 | * | Isle of Capri Casinos, Inc | 9 | |||||
997 | *,e | ITT Educational Services, Inc | 24 | |||||
2,033 | * | Jack in the Box, Inc | 80 | |||||
649 | * | Jamba, Inc | 10 | |||||
203 | * | JTH Holding, Inc | 3 | |||||
1,265 | * | K12, Inc | 33 | |||||
2,917 | * | Krispy Kreme Doughnuts, Inc | 51 | |||||
17,902 | Las Vegas Sands Corp | 948 | ||||||
1,963 | * | Life Time Fitness, Inc | 98 | |||||
2,787 | * | LifeLock, Inc | 33 | |||||
870 | Lincoln Educational Services Corp | 5 | ||||||
977 | * | Luby’s, Inc | 8 | |||||
638 | Mac-Gray Corp | 9 | ||||||
840 | Marcus Corp | 11 |
13
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
10,662 | Marriott International, Inc (Class A) | $ | 430 | |||||
1,390 | * | Marriott Vacations Worldwide Corp | 60 | |||||
1,275 | Matthews International Corp (Class A) | 48 | ||||||
45,905 | McDonald’s Corp | 4,545 | ||||||
17,994 | * | MGM Mirage | 266 | |||||
388 | * | Monarch Casino & Resort, Inc | 7 | |||||
1,158 | * | Morgans Hotel Group Co | 9 | |||||
1,276 | * | Multimedia Games, Inc | 33 | |||||
1,315 | *,e | Norwegian Cruise Line Holdings Ltd | 40 | |||||
4,377 | * | Orient-Express Hotels Ltd (Class A) | 53 | |||||
1,294 | * | Outerwall, Inc | 76 | |||||
1,258 | * | Panera Bread Co (Class A) | 234 | |||||
717 | * | Papa John’s International, Inc | 47 | |||||
3,077 | * | Penn National Gaming, Inc | 163 | |||||
3,229 | * | Pinnacle Entertainment, Inc | 64 | |||||
666 | * | Red Robin Gourmet Burgers, Inc | 37 | |||||
2,200 | Regis Corp | 36 | ||||||
7,441 | Royal Caribbean Cruises Ltd | 248 | ||||||
3,070 | * | Ruby Tuesday, Inc | 28 | |||||
1,588 | Ruth’s Chris Steak House, Inc | 19 | ||||||
2,868 | * | Scientific Games Corp (Class A) | 32 | |||||
1,315 | SeaWorld Entertainment, Inc | 46 | ||||||
9,704 | Service Corp International | 175 | ||||||
2,802 | * | SHFL Entertainment, Inc | 50 | |||||
3,014 | Six Flags Entertainment Corp | 106 | ||||||
3,411 | * | Sonic Corp | 50 | |||||
3,133 | Sotheby’s (Class A) | 119 | ||||||
581 | Speedway Motorsports, Inc | 10 | ||||||
34,287 | Starbucks Corp | 2,245 | ||||||
8,903 | Starwood Hotels & Resorts Worldwide, Inc | 563 | ||||||
59 | * | Steak N Shake Co | 24 | |||||
636 | * | Steiner Leisure Ltd | 34 | |||||
3,389 | Stewart Enterprises, Inc (Class A) | 44 | ||||||
491 | e | Strayer Education, Inc | 24 | |||||
2,872 | Texas Roadhouse, Inc (Class A) | 72 | ||||||
1,064 | Town Sports International Holdings, Inc | 11 | ||||||
1,028 | Universal Technical Institute, Inc | 11 | ||||||
1,645 | Vail Resorts, Inc | 101 | ||||||
1,296 | e | Weight Watchers International, Inc | 60 | |||||
13,002 | e | Wendy’s | 76 | |||||
2,067 | * | WMS Industries, Inc | 53 | |||||
6,224 | Wyndham Worldwide Corp | 356 | ||||||
3,694 | Wynn Resorts Ltd | 473 | ||||||
20,593 | Yum! Brands, Inc | 1,428 | ||||||
|
| |||||||
TOTAL CONSUMER SERVICES | 18,097 | |||||||
|
| |||||||
DIVERSIFIED FINANCIALS - 6.8% | ||||||||
2,494 | * | Affiliated Managers Group, Inc | 409 | |||||
14,861 | * | American Capital Ltd | 188 | |||||
43,382 | American Express Co | 3,243 | ||||||
9,230 | Ameriprise Financial, Inc | 747 | ||||||
10,246 | Apollo Investment Corp | 79 | ||||||
10,764 | Ares Capital Corp | 185 | ||||||
584 | * | Artisan Partners Asset Management, Inc | 29 | |||||
493,628 | Bank of America Corp | 6,348 | ||||||
53,157 | Bank of New York Mellon Corp | 1,491 | ||||||
4,832 | BGC Partners, Inc (Class A) | 29 | ||||||
3,423 | e | BlackRock Kelso Capital Corp | 32 | |||||
5,864 | BlackRock, Inc | 1,506 | ||||||
1,288 | Calamos Asset Management, Inc (Class A) | 14 | ||||||
26,716 | Capital One Financial Corp | 1,678 | ||||||
147 | Capital Southwest Corp | 20 |
14
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,340 | Cash America International, Inc | $ | 61 | |||||
4,253 | CBOE Holdings, Inc | 198 | ||||||
49,849 | Charles Schwab Corp | 1,058 | ||||||
138,450 | Citigroup, Inc | 6,642 | ||||||
14,510 | CME Group, Inc | 1,103 | ||||||
1,086 | Cohen & Steers, Inc | 37 | ||||||
594 | * | Consumer Portfolio Services, Inc | 4 | |||||
5,330 | * | Cowen Group, Inc | 15 | |||||
296 | * | Credit Acceptance Corp | 31 | |||||
118 | Diamond Hill Investment Group, Inc | 10 | ||||||
22,456 | Discover Financial Services | 1,070 | ||||||
1,850 | * | Dollar Financial Corp | 26 | |||||
13,858 | * | E*Trade Financial Corp | 175 | |||||
5,610 | Eaton Vance Corp | 211 | ||||||
1,165 | *,e | Encore Capital Group, Inc | 39 | |||||
1,394 | Evercore Partners, Inc (Class A) | 55 | ||||||
2,322 | * | Ezcorp, Inc (Class A) | 39 | |||||
673 | * | FBR & Co | 17 | |||||
4,555 | e | Federated Investors, Inc (Class B) | 125 | |||||
451 | Fidus Investment Corp | 8 | ||||||
5,533 | * | Fifth Street Finance Corp | 58 | |||||
2,248 | Financial Engines, Inc | 103 | ||||||
1,340 | * | First Cash Financial Services, Inc | 66 | |||||
3,742 | *,e | First Marblehead Corp | 4 | |||||
374 | * | Firsthand Technology Value Fund, Inc | 8 | |||||
6,272 | Franklin Resources, Inc | 853 | ||||||
727 | Friedman Billings Ramsey Group, Inc (Class A) | 19 | ||||||
1,682 | e | FXCM, Inc | 28 | |||||
349 | GAMCO Investors, Inc (Class A) | 19 | ||||||
271 | Garrison Capital, Inc | 4 | ||||||
3,928 | GFI Group, Inc | 15 | ||||||
1,256 | Gladstone Capital Corp | 10 | ||||||
1,326 | Gladstone Investment Corp | 10 | ||||||
20,993 | Goldman Sachs Group, Inc | 3,175 | ||||||
674 | e | Golub Capital BDC, Inc | 12 | |||||
1,122 | *,e | Green Dot Corp | 22 | |||||
1,492 | Greenhill & Co, Inc | 68 | ||||||
918 | *,e | GSV Capital Corp | 7 | |||||
471 | * | Hannon Armstrong Sustainable Infrastructure Capital, Inc | 6 | |||||
2,227 | e | Hercules Technology Growth Capital, Inc | 31 | |||||
1,489 | HFF, Inc (Class A) | 27 | ||||||
369 | Horizon Technology Finance Corp | 5 | ||||||
820 | * | Imperial Holdings, Inc | 6 | |||||
3,210 | * | ING US, Inc | 87 | |||||
2,025 | Interactive Brokers Group, Inc (Class A) | 32 | ||||||
3,377 | * | IntercontinentalExchange, Inc | 600 | |||||
675 | * | International Assets Holding Corp | 12 | |||||
1,945 | * | Internet Capital Group, Inc | 22 | |||||
20,338 | Invesco Ltd | 647 | ||||||
1,857 | * | Investment Technology Group, Inc | 26 | |||||
48,994 | e | iShares Russell 3000 Index Fund | 4,723 | |||||
8,680 | e | Janus Capital Group, Inc | 74 | |||||
822 | JMP Group, Inc | 5 | ||||||
173,080 | JPMorgan Chase & Co | 9,137 | ||||||
1,010 | e | KCAP Financial, Inc | 11 | |||||
7,773 | * | Knight Capital Group, Inc (Class A) | 28 | |||||
5,033 | * | Ladenburg Thalmann Financial Services, Inc | 8 | |||||
5,874 | Lazard Ltd (Class A) | 189 | ||||||
5,079 | Legg Mason, Inc | 158 | ||||||
13,559 | Leucadia National Corp | 356 | ||||||
2,588 | LPL Financial Holdings, Inc | 98 | ||||||
1,604 | e | Main Street Capital Corp | 44 |
15
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
671 | Manning & Napier, Inc | $ | 12 | |||||
1,771 | MarketAxess Holdings, Inc | 83 | ||||||
418 | Marlin Business Services Corp | 10 | ||||||
3,668 | MCG Capital Corp | 19 | ||||||
872 | Medallion Financial Corp | 12 | ||||||
594 | Medley Capital Corp | 8 | ||||||
8,910 | Moody’s Corp | 543 | ||||||
69,726 | Morgan Stanley | 1,703 | ||||||
5,906 | * | MSCI, Inc (Class A) | 197 | |||||
1,094 | MVC Capital, Inc | 14 | ||||||
5,098 | Nasdaq Stock Market, Inc | 167 | ||||||
1,077 | Nelnet, Inc (Class A) | 39 | ||||||
1,620 | *,m | Netspend Holdings, Inc | 26 | |||||
581 | e | New Mountain Finance Corp | 8 | |||||
959 | * | NewStar Financial, Inc | 13 | |||||
1,181 | NGP Capital Resources Co | 7 | ||||||
489 | Nicholas Financial, Inc | 7 | ||||||
9,929 | Northern Trust Corp | 575 | ||||||
11,127 | NYSE Euronext | 461 | ||||||
448 | Oppenheimer Holdings, Inc | 9 | ||||||
455 | PennantPark Floating Rate Capital Ltd | 6 | ||||||
3,016 | PennantPark Investment Corp | 33 | ||||||
2,595 | * | PHH Corp | 53 | |||||
1,198 | * | Pico Holdings, Inc | 25 | |||||
935 | * | Piper Jaffray Cos | 30 | |||||
832 | * | Portfolio Recovery Associates, Inc | 128 | |||||
11,137 | e | Prospect Capital Corp | 120 | |||||
5,235 | Raymond James Financial, Inc | 225 | ||||||
231 | * | Regional Management Corp | 6 | |||||
606 | Resource America, Inc (Class A) | 5 | ||||||
1,299 | * | Safeguard Scientifics, Inc | 21 | |||||
6,909 | SEI Investments Co | 196 | ||||||
20,350 | SLM Corp | 465 | ||||||
2,044 | Solar Capital Ltd | 47 | ||||||
375 | Solar Senior Capital Ltd | 7 | ||||||
20,918 | State Street Corp | 1,364 | ||||||
537 | Stellus Capital Investment Corp | 8 | ||||||
3,142 | * | Stifel Financial Corp | 112 | |||||
1,726 | * | SWS Group, Inc | 9 | |||||
11,878 | T Rowe Price Group, Inc | 869 | ||||||
1,198 | TCP Capital Corp | 20 | ||||||
10,647 | TD Ameritrade Holding Corp | 259 | ||||||
1,197 | THL Credit, Inc | 18 | ||||||
2,416 | e | TICC Capital Corp | 23 | |||||
1,314 | Triangle Capital Corp | 36 | ||||||
265 | * | Virtus Investment Partners, Inc | 47 | |||||
4,202 | Waddell & Reed Financial, Inc (Class A) | 183 | ||||||
1,683 | Walter Investment Management Corp | 57 | ||||||
322 | Westwood Holdings Group, Inc | 14 | ||||||
321 | WhiteHorse Finance, Inc | 5 | ||||||
4,611 | * | WisdomTree Investments, Inc | 53 | |||||
501 | *,e | World Acceptance Corp | 44 | |||||
|
| |||||||
TOTAL DIVERSIFIED FINANCIALS | 56,136 | |||||||
|
| |||||||
ENERGY - 9.4% | ||||||||
4,200 | *,e | Abraxas Petroleum Corp | 9 | |||||
99 | Adams Resources & Energy, Inc | 7 | ||||||
783 | Alon USA Energy, Inc | 11 | ||||||
9,079 | * | Alpha Natural Resources, Inc | 48 | |||||
885 | *,e | Amyris Biotechnologies, Inc | 3 | |||||
22,964 | Anadarko Petroleum Corp | 1,973 | ||||||
17,940 | Apache Corp | 1,504 |
16
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
460 | * | APCO Argentina, Inc | $ | 5 | ||||
1,605 | *,e | Approach Resources, Inc | 39 | |||||
9,903 | e | Arch Coal, Inc | 37 | |||||
2,622 | * | Atwood Oceanics, Inc | 136 | |||||
20,227 | Baker Hughes, Inc | 933 | ||||||
1,205 | *,e | Basic Energy Services, Inc | 15 | |||||
2,406 | Berry Petroleum Co (Class A) | 102 | ||||||
2,221 | *,e | Bill Barrett Corp | 45 | |||||
411 | Bolt Technology Corp | 7 | ||||||
1,110 | * | Bonanza Creek Energy, Inc | 39 | |||||
4,811 | *,e | BPZ Energy, Inc | 9 | |||||
1,671 | Bristow Group, Inc | 109 | ||||||
2,159 | *,e | C&J Energy Services, Inc | 42 | |||||
9,652 | Cabot Oil & Gas Corp | 685 | ||||||
4,578 | *,e | Cal Dive International, Inc | 9 | |||||
1,294 | * | Callon Petroleum Co | 4 | |||||
11,412 | * | Cameron International Corp | 698 | |||||
905 | e | CARBO Ceramics, Inc | 61 | |||||
1,963 | * | Carrizo Oil & Gas, Inc | 56 | |||||
10,928 | * | Cheniere Energy, Inc | 303 | |||||
26,550 | Chesapeake Energy Corp | 541 | ||||||
88,807 | Chevron Corp | 10,509 | ||||||
3,956 | Cimarex Energy Co | 257 | ||||||
326 | * | Clayton Williams Energy, Inc | 14 | |||||
3,211 | *,e | Clean Energy Fuels Corp | 42 | |||||
2,429 | * | Cloud Peak Energy, Inc | 40 | |||||
12,599 | * | Cobalt International Energy, Inc | 335 | |||||
2,095 | Comstock Resources, Inc | 33 | ||||||
4,798 | * | Concho Resources, Inc | 402 | |||||
55,989 | ConocoPhillips | 3,387 | ||||||
10,477 | Consol Energy, Inc | 284 | ||||||
582 | Contango Oil & Gas Co | 20 | ||||||
1,956 | *,e | Continental Resources, Inc | 168 | |||||
1,064 | * | Crimson Exploration, Inc | 3 | |||||
2,304 | Crosstex Energy, Inc | 46 | ||||||
762 | CVR Energy, Inc | 36 | ||||||
4,444 | *,m | CVR Energy, Inc (Contingent value right) | 0 | ^ | ||||
378 | * | Dawson Geophysical Co | 14 | |||||
1,604 | Delek US Holdings, Inc | 46 | ||||||
17,082 | * | Denbury Resources, Inc | 296 | |||||
18,598 | * | Devon Energy Corp | 965 | |||||
3,060 | Diamond Offshore Drilling, Inc | 210 | ||||||
810 | * | Diamondback Energy, Inc | 27 | |||||
3,486 | * | Dresser-Rand Group, Inc | 209 | |||||
1,850 | * | Dril-Quip, Inc | 167 | |||||
1,677 | * | Emerald Oil, Inc | 11 | |||||
1,867 | *,e | Endeavour International Corp | 7 | |||||
3,245 | Energen Corp | 170 | ||||||
3,651 | Energy XXI Bermuda Ltd | 81 | ||||||
12,459 | EOG Resources, Inc | 1,641 | ||||||
1,505 | * | EPL Oil & Gas, Inc | 44 | |||||
619 | Equal Energy Ltd | 2 | ||||||
6,817 | Equitable Resources, Inc | 541 | ||||||
891 | * | Era Group, Inc | 23 | |||||
668 | * | Evolution Petroleum Corp | 7 | |||||
5,972 | e | EXCO Resources, Inc | 46 | |||||
2,632 | * | Exterran Holdings, Inc | 74 | |||||
203,727 | d | Exxon Mobil Corp | 18,407 | |||||
10,858 | * | FMC Technologies, Inc | 605 | |||||
5,689 | * | Forest Oil Corp | 23 | |||||
1,662 | * | Forum Energy Technologies, Inc | 51 | |||||
2,722 | *,e | Frontline Ltd | 5 | |||||
2,612 | *,e | FX Energy, Inc | 8 |
17
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,114 | GasLog Ltd | $ | 14 | |||||
2,282 | * | Gastar Exploration Ltd | 6 | |||||
626 | * | Geospace Technologies Corp | 43 | |||||
933 | *,e | Global Geophysical Services, Inc | 4 | |||||
2,014 | e | Golar LNG Ltd | 64 | |||||
1,342 | *,e | Goodrich Petroleum Corp | 17 | |||||
827 | * | Green Plains Renewable Energy, Inc | 11 | |||||
727 | Gulf Island Fabrication, Inc | 14 | ||||||
1,158 | Gulfmark Offshore, Inc | 52 | ||||||
3,550 | * | Gulfport Energy Corp | 167 | |||||
9,527 | *,e | Halcon Resources Corp | 54 | |||||
42,687 | Halliburton Co | 1,781 | ||||||
4,809 | * | Helix Energy Solutions Group, Inc | 111 | |||||
4,343 | Helmerich & Payne, Inc | 271 | ||||||
6,596 | * | Hercules Offshore, Inc | 46 | |||||
14,046 | Hess Corp | 934 | ||||||
9,293 | Holly Corp | 398 | ||||||
1,645 | * | Hornbeck Offshore Services, Inc | 88 | |||||
6,522 | * | ION Geophysical Corp | 39 | |||||
61 | * | Isramco, Inc | 6 | |||||
6,174 | * | Key Energy Services, Inc | 37 | |||||
30,324 | Kinder Morgan, Inc | 1,157 | ||||||
1,322 | *,e | KiOR, Inc (Class A) | 8 | |||||
1,036 | Knightsbridge Tankers Ltd | 8 | ||||||
12,776 | * | Kodiak Oil & Gas Corp | 114 | |||||
4,626 | * | Kosmos Energy LLC | 47 | |||||
1,355 | * | L&L Energy, Inc | 5 | |||||
1,792 | * | Laredo Petroleum Holdings, Inc | 37 | |||||
1,590 | Lufkin Industries, Inc | 141 | ||||||
7,113 | *,e | Magnum Hunter Resources Corp | 26 | |||||
32,303 | Marathon Oil Corp | 1,117 | ||||||
14,913 | Marathon Petroleum Corp | 1,060 | ||||||
2,194 | * | Matador Resources Co | 26 | |||||
1,193 | * | Matrix Service Co | 19 | |||||
10,797 | * | McDermott International, Inc | 88 | |||||
1,188 | * | Midstates Petroleum Co, Inc | 6 | |||||
738 | *,e | Miller Petroleum, Inc | 3 | |||||
507 | * | Mitcham Industries, Inc | 9 | |||||
8,774 | Murphy Oil Corp | 534 | ||||||
13,473 | Nabors Industries Ltd | 206 | ||||||
19,587 | National Oilwell Varco, Inc | 1,350 | ||||||
561 | * | Natural Gas Services Group, Inc | 13 | |||||
6,541 | * | Newfield Exploration Co | 156 | |||||
3,910 | * | Newpark Resources, Inc | 43 | |||||
16,419 | Noble Energy, Inc | 986 | ||||||
2,356 | e | Nordic American Tanker Shipping | 18 | |||||
3,091 | *,e | Northern Oil And Gas, Inc | 41 | |||||
6,458 | *,e | Nuverra Environmental Solutions, Inc | 19 | |||||
4,276 | * | Oasis Petroleum, Inc | 166 | |||||
36,894 | Occidental Petroleum Corp | 3,292 | ||||||
5,264 | Oceaneering International, Inc | 380 | ||||||
2,517 | * | Oil States International, Inc | 233 | |||||
324 | Panhandle Oil and Gas, Inc (Class A) | 9 | ||||||
5,410 | * | Parker Drilling Co | 27 | |||||
6,713 | Patterson-UTI Energy, Inc | 130 | ||||||
1,108 | e | PBF Energy, Inc | 29 | |||||
1,390 | * | PDC Energy, Inc | 72 | |||||
12,370 | Peabody Energy Corp | 181 | ||||||
2,491 | Penn Virginia Corp | 12 | ||||||
2,768 | * | Petroquest Energy, Inc | 11 | |||||
620 | * | PHI, Inc | 21 | |||||
28,400 | Phillips 66 | 1,673 | ||||||
2,681 | * | Pioneer Energy Services Corp | 18 |
18
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
6,188 | Pioneer Natural Resources Co | $ | 896 | |||||
8,195 | Questar Market Resources, Inc | 228 | ||||||
5,806 | *,e | Quicksilver Resources, Inc | 10 | |||||
7,467 | Range Resources Corp | 577 | ||||||
970 | * | Renewable Energy Group, Inc | 14 | |||||
3,121 | * | Resolute Energy Corp | 25 | |||||
2,049 | * | Rex Energy Corp | 36 | |||||
303 | * | Rex Stores Corp | 9 | |||||
611 | * | RigNet, Inc | 16 | |||||
2,586 | * | Rosetta Resources, Inc | 110 | |||||
5,786 | * | Rowan Cos plc | 197 | |||||
3,162 | e | RPC, Inc | 44 | |||||
1,290 | *,e | Sanchez Energy Corp | 30 | |||||
22,601 | *,e | SandRidge Energy, Inc | 108 | |||||
61,021 | Schlumberger Ltd | 4,373 | ||||||
7,391 | Scorpio Tankers, Inc | 66 | ||||||
891 | SEACOR Holdings, Inc | 74 | ||||||
16,184 | * | Seadrill Ltd | 659 | |||||
2,014 | SemGroup Corp | 108 | ||||||
2,365 | e | Ship Finance International Ltd | 35 | |||||
2,191 | *,e | Solazyme, Inc | 26 | |||||
16,101 | * | Southwestern Energy Co | 588 | |||||
30,571 | Spectra Energy Corp | 1,053 | ||||||
2,953 | St. Mary Land & Exploration Co | 177 | ||||||
2,334 | * | Stone Energy Corp | 51 | |||||
7,302 | * | Superior Energy Services | 189 | |||||
2,133 | * | Swift Energy Co | 26 | |||||
1,789 | * | Synergy Resources Corp | 13 | |||||
1,406 | Targa Resources Investments, Inc | 90 | ||||||
1,746 | e | Teekay Corp | 71 | |||||
2,124 | e | Teekay Tankers Ltd (Class A) | 6 | |||||
1,600 | * | Tesco Corp | 21 | |||||
6,251 | Tesoro Corp | 327 | ||||||
3,896 | * | Tetra Technologies, Inc | 40 | |||||
732 | TGC Industries, Inc | 6 | ||||||
2,198 | Tidewater, Inc | 125 | ||||||
2,211 | * | Triangle Petroleum Corp | 15 | |||||
7,062 | *,e | Ultra Petroleum Corp | 140 | |||||
2,246 | * | Unit Corp | 96 | |||||
2,636 | *,e | Uranium Energy Corp | 5 | |||||
5,684 | * | Ur-Energy, Inc | 8 | |||||
2,578 | * | Vaalco Energy, Inc | 15 | |||||
25,020 | Valero Energy Corp | 870 | ||||||
9,477 | * | Vantage Drilling Co | 19 | |||||
1,693 | W&T Offshore, Inc | 24 | ||||||
3,436 | * | Warren Resources, Inc | 9 | |||||
2,492 | e | Western Refining, Inc | 70 | |||||
510 | * | Westmoreland Coal Co | 6 | |||||
5,396 | * | Whiting Petroleum Corp | 249 | |||||
2,126 | * | Willbros Group, Inc | 13 | |||||
31,596 | Williams Cos, Inc | 1,026 | ||||||
3,501 | World Fuel Services Corp | 140 | ||||||
9,159 | * | WPX Energy, Inc | 173 | |||||
1,256 | *,e | ZaZa Energy Corp | 1 | |||||
|
| |||||||
TOTAL ENERGY | 77,637 | |||||||
|
| |||||||
FOOD & STAPLES RETAILING - 2.0% | ||||||||
856 | Andersons, Inc | 45 | ||||||
66 | Arden Group, Inc (Class A) | 7 | ||||||
1,705 | Casey’s General Stores, Inc | 103 | ||||||
521 | * | Chefs’ Warehouse Holdings, Inc | 9 | |||||
19,980 | Costco Wholesale Corp | 2,209 |
19
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
56,065 | CVS Corp | $ | 3,206 | |||||
715 | * | Fairway Group Holdings Corp | 17 | |||||
1,879 | * | Fresh Market, Inc | 93 | |||||
1,944 | Harris Teeter Supermarkets, Inc | 91 | ||||||
700 | Ingles Markets, Inc (Class A) | 18 | ||||||
23,822 | Kroger Co | 823 | ||||||
656 | Nash Finch Co | 14 | ||||||
345 | * | Natural Grocers by Vitamin C | 11 | |||||
1,214 | * | Pantry, Inc | 15 | |||||
882 | Pricesmart, Inc | 77 | ||||||
33,174 | *,e | Rite Aid Corp | 95 | |||||
1,140 | e | Roundy’s, Inc | 9 | |||||
10,909 | Safeway, Inc | 258 | ||||||
1,022 | Spartan Stores, Inc | 19 | ||||||
9,250 | *,e | Supervalu, Inc | 58 | |||||
831 | * | Susser Holdings Corp | 40 | |||||
27,176 | Sysco Corp | 928 | ||||||
2,264 | * | United Natural Foods, Inc | 122 | |||||
292 | Village Super Market (Class A) | 10 | ||||||
43,385 | Walgreen Co | 1,918 | ||||||
73,738 | Wal-Mart Stores, Inc | 5,493 | ||||||
145 | Weis Markets, Inc | 7 | ||||||
16,986 | Whole Foods Market, Inc | 874 | ||||||
|
| |||||||
TOTAL FOOD & STAPLES RETAILING | 16,569 | |||||||
|
| |||||||
FOOD, BEVERAGE & TOBACCO - 5.0% | ||||||||
136 | Alico, Inc | 5 | ||||||
3,943 | * | Alliance One International, Inc | 15 | |||||
91,967 | Altria Group, Inc | 3,218 | ||||||
443 | *,e | Annie’s, Inc | 19 | |||||
30,170 | Archer Daniels Midland Co | 1,023 | ||||||
2,348 | B&G Foods, Inc (Class A) | 80 | ||||||
7,363 | Beam, Inc | 465 | ||||||
387 | *,e | Boston Beer Co, Inc (Class A) | 66 | |||||
2,588 | *,e | Boulder Brands, Inc | 31 | |||||
6,911 | Brown-Forman Corp (Class B) | 467 | ||||||
6,740 | Bunge Ltd | 477 | ||||||
555 | e | Calavo Growers, Inc | 15 | |||||
682 | Cal-Maine Foods, Inc | 32 | ||||||
8,041 | Campbell Soup Co | 360 | ||||||
2,584 | * | Chiquita Brands International, Inc | 28 | |||||
263 | Coca-Cola Bottling Co Consolidated | 16 | ||||||
175,144 | Coca-Cola Co | 7,025 | ||||||
12,555 | Coca-Cola Enterprises, Inc | 441 | ||||||
19,097 | ConAgra Foods, Inc | 667 | ||||||
6,907 | * | Constellation Brands, Inc (Class A) | 360 | |||||
5,403 | * | Darling International, Inc | 101 | |||||
8,758 | * | Dean Foods Co | 88 | |||||
1,154 | *,e | Diamond Foods, Inc | 24 | |||||
2,337 | * | Dole Food Co, Inc | 30 | |||||
9,345 | Dr Pepper Snapple Group, Inc | 429 | ||||||
288 | * | Farmer Bros Co | 4 | |||||
7,843 | Flowers Foods, Inc | 173 | ||||||
1,850 | Fresh Del Monte Produce, Inc | 52 | ||||||
29,521 | General Mills, Inc | 1,433 | ||||||
6,766 | *,e | Green Mountain Coffee Roasters, Inc | 508 | |||||
149 | Griffin Land & Nurseries, Inc (Class A) | 4 | ||||||
1,798 | * | Hain Celestial Group, Inc | 117 | |||||
6,867 | Hershey Co | 613 | ||||||
5,722 | Hillshire Brands Co | 189 | ||||||
6,132 | Hormel Foods Corp | 237 | ||||||
3,512 | Ingredion, Inc | 230 |
20
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
599 | J&J Snack Foods Corp | $ | 47 | |||||
4,911 | J.M. Smucker Co | 507 | ||||||
368 | John B. Sanfilippo & Son, Inc | 7 | ||||||
11,570 | Kellogg Co | 743 | ||||||
27,175 | Kraft Foods Group, Inc | 1,518 | ||||||
818 | Lancaster Colony Corp | 64 | ||||||
2,170 | Lance, Inc | 62 | ||||||
179 | Lifeway Foods, Inc | 3 | ||||||
443 | Limoneira Co | 9 | ||||||
17,289 | Lorillard, Inc | 755 | ||||||
5,953 | McCormick & Co, Inc | 419 | ||||||
9,276 | Mead Johnson Nutrition Co | 735 | ||||||
6,394 | Molson Coors Brewing Co (Class B) | 306 | ||||||
81,711 | Mondelez International, Inc | 2,331 | ||||||
6,326 | * | Monster Beverage Corp | 384 | |||||
621 | National Beverage Corp | 11 | ||||||
996 | * | Omega Protein Corp | 9 | |||||
70,807 | PepsiCo, Inc | 5,791 | ||||||
74,892 | Philip Morris International, Inc | 6,487 | ||||||
2,936 | * | Pilgrim’s Pride Corp | 44 | |||||
1,527 | Pinnacle Foods, Inc | 37 | ||||||
1,328 | * | Post Holdings, Inc | 58 | |||||
14,430 | Reynolds American, Inc | 698 | ||||||
1,050 | Sanderson Farms, Inc | 70 | ||||||
13 | Seaboard Corp | 35 | ||||||
365 | * | Seneca Foods Corp | 11 | |||||
6,356 | * | Smithfield Foods, Inc | 208 | |||||
889 | *,e | Synutra International, Inc | 4 | |||||
906 | e | Tootsie Roll Industries, Inc | 29 | |||||
1,662 | * | TreeHouse Foods, Inc | 109 | |||||
12,816 | Tyson Foods, Inc (Class A) | 329 | ||||||
1,067 | e | Universal Corp | 62 | |||||
2,639 | e | Vector Group Ltd | 43 | |||||
5,778 | *,e | WhiteWave Foods Co (Class A) | 94 | |||||
|
| |||||||
TOTAL FOOD, BEVERAGE & TOBACCO | 41,061 | |||||||
|
| |||||||
HEALTH CARE EQUIPMENT & SERVICES - 4.5% | ||||||||
1,018 | Abaxis, Inc | 48 | ||||||
71,373 | Abbott Laboratories | 2,489 | ||||||
1,811 | *,e | Abiomed, Inc | 39 | |||||
1,625 | * | Acadia Healthcare Co, Inc | 54 | |||||
2,682 | *,e | Accretive Health, Inc | 29 | |||||
3,073 | *,e | Accuray, Inc | 18 | |||||
255 | * | Addus HomeCare Corp | 5 | |||||
17,322 | Aetna, Inc | 1,101 | ||||||
1,872 | e | Air Methods Corp | 63 | |||||
3,481 | * | Align Technology, Inc | 129 | |||||
253 | * | Alliance HealthCare Services, Inc | 4 | |||||
8,310 | * | Allscripts Healthcare Solutions, Inc | 108 | |||||
380 | Almost Family, Inc | 7 | ||||||
2,729 | * | Alphatec Holdings, Inc | 6 | |||||
1,533 | * | Amedisys, Inc | 18 | |||||
11,110 | AmerisourceBergen Corp | 620 | ||||||
2,008 | * | AMN Healthcare Services, Inc | 29 | |||||
1,528 | * | Amsurg Corp | 54 | |||||
558 | Analogic Corp | 41 | ||||||
1,310 | * | Angiodynamics, Inc | 15 | |||||
566 | * | Anika Therapeutics, Inc | 10 | |||||
5,177 | *,e | Antares Pharma, Inc | 22 | |||||
1,336 | * | Arthrocare Corp | 46 | |||||
1,106 | Assisted Living Concepts, Inc (A Shares) | 13 | ||||||
1,737 | *,e | athenahealth, Inc | 147 |
21
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
716 | * | AtriCure, Inc | $ | 7 | ||||
86 | Atrion Corp | 19 | ||||||
3,851 | Bard (C.R.), Inc | 419 | ||||||
24,821 | Baxter International, Inc | 1,719 | ||||||
8,892 | Becton Dickinson & Co | 879 | ||||||
1,359 | * | Biolase Technology, Inc | 5 | |||||
1,119 | *,e | Bio-Reference Labs, Inc | 32 | |||||
2,663 | * | BioScrip, Inc | 44 | |||||
61,768 | * | Boston Scientific Corp | 573 | |||||
4,539 | * | Brookdale Senior Living, Inc | 120 | |||||
1,066 | Cantel Medical Corp | 36 | ||||||
1,396 | * | Capital Senior Living Corp | 33 | |||||
15,651 | Cardinal Health, Inc | 739 | ||||||
977 | * | Cardiovascular Systems, Inc | 21 | |||||
10,058 | * | CareFusion Corp | 371 | |||||
9,620 | * | Catamaran Corp | 469 | |||||
2,518 | * | Centene Corp | 132 | |||||
6,794 | * | Cerner Corp | 653 | |||||
3,181 | *,e | Cerus Corp | 14 | |||||
859 | e | Chemed Corp | 62 | |||||
671 | * | Chindex International, Inc | 11 | |||||
13,063 | Cigna Corp | 947 | ||||||
4,283 | Community Health Systems, Inc | 201 | ||||||
590 | Computer Programs & Systems, Inc | 29 | ||||||
1,595 | Conmed Corp | 50 | ||||||
2,129 | Cooper Cos, Inc | 253 | ||||||
934 | * | Corvel Corp | 27 | |||||
21,541 | Covidien plc | 1,354 | ||||||
1,273 | * | Cross Country Healthcare, Inc | 7 | |||||
1,413 | CryoLife, Inc | 9 | ||||||
640 | * | Cutera, Inc | 6 | |||||
1,243 | * | Cyberonics, Inc | 65 | |||||
796 | * | Cynosure, Inc (Class A) | 21 | |||||
4,216 | * | DaVita, Inc | 509 | |||||
6,571 | Dentsply International, Inc | 269 | ||||||
611 | * | Derma Sciences, Inc | 8 | |||||
3,382 | * | DexCom, Inc | 76 | |||||
5,364 | * | Edwards Lifesciences Corp | 360 | |||||
1,829 | * | Emeritus Corp | 42 | |||||
2,887 | * | Endologix, Inc | 38 | |||||
895 | Ensign Group, Inc | 31 | ||||||
408 | * | Exactech, Inc | 8 | |||||
1,376 | * | ExamWorks Group, Inc | 29 | |||||
37,488 | * | Express Scripts Holding Co | 2,313 | |||||
1,637 | * | Five Star Quality Care, Inc | 9 | |||||
1,359 | * | GenMark Diagnostics, Inc | 14 | |||||
1,497 | * | Gentiva Health Services, Inc | 15 | |||||
1,923 | * | Globus Medical, Inc | 32 | |||||
1,091 | * | Greatbatch, Inc | 36 | |||||
395 | *,e | Greenway Medical Technologies | 5 | |||||
2,338 | * | Haemonetics Corp | 97 | |||||
1,683 | * | Hanger Orthopedic Group, Inc | 53 | |||||
12,251 | HCA Holdings, Inc | 442 | ||||||
12,404 | * | Health Management Associates, Inc (Class A) | 195 | |||||
3,620 | * | Health Net, Inc | 115 | |||||
4,003 | * | Healthsouth Corp | 115 | |||||
797 | * | HealthStream, Inc | 20 | |||||
1,788 | * | Healthways, Inc | 31 | |||||
752 | *,e | HeartWare International, Inc | 71 | |||||
3,991 | * | Henry Schein, Inc | 382 | |||||
2,734 | Hill-Rom Holdings, Inc | 92 | ||||||
4,287 | * | HMS Holdings Corp | 100 | |||||
12,260 | * | Hologic, Inc | 237 |
22
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
7,211 | Humana, Inc | $ | 608 | |||||
604 | * | ICU Medical, Inc | 44 | |||||
2,544 | * | Idexx Laboratories, Inc | 228 | |||||
2,452 | * | Insulet Corp | 77 | |||||
1,114 | * | Integra LifeSciences Holdings Corp | 41 | |||||
1,838 | * | Intuitive Surgical, Inc | 931 | |||||
1,548 | Invacare Corp | 22 | ||||||
4,017 | * | Inverness Medical Innovations, Inc | 98 | |||||
769 | * | IPC The Hospitalist Co, Inc | 39 | |||||
2,539 | * | Kindred Healthcare, Inc | 33 | |||||
4,251 | * | Laboratory Corp of America Holdings | 426 | |||||
498 | Landauer, Inc | 24 | ||||||
735 | * | LHC Group, Inc | 14 | |||||
2,226 | * | LifePoint Hospitals, Inc | 109 | |||||
1,235 | * | Magellan Health Services, Inc | 69 | |||||
1,958 | *,e | MAKO Surgical Corp | 24 | |||||
2,657 | Masimo Corp | 56 | ||||||
10,376 | McKesson Corp | 1,188 | ||||||
2,778 | * | MedAssets, Inc | 49 | |||||
655 | * | Medical Action Industries, Inc | 5 | |||||
1,217 | * | Medidata Solutions, Inc | 94 | |||||
46,524 | Medtronic, Inc | 2,395 | ||||||
2,504 | * | Merge Healthcare, Inc | 9 | |||||
1,883 | e | Meridian Bioscience, Inc | 40 | |||||
1,836 | * | Merit Medical Systems, Inc | 20 | |||||
1,450 | * | Molina Healthcare, Inc | 54 | |||||
620 | * | MWI Veterinary Supply, Inc | 76 | |||||
516 | National Healthcare Corp | 25 | ||||||
357 | * | National Research Corp | 6 | |||||
1,662 | * | Natus Medical, Inc | 23 | |||||
1,314 | * | Neogen Corp | 73 | |||||
4,406 | *,e | Neoprobe Corp | 12 | |||||
2,136 | * | NuVasive, Inc | 53 | |||||
2,725 | * | NxStage Medical, Inc | 39 | |||||
4,802 | Omnicare, Inc | 229 | ||||||
1,729 | * | Omnicell, Inc | 36 | |||||
2,901 | * | OraSure Technologies, Inc | 11 | |||||
1,010 | * | Orthofix International NV | 27 | |||||
2,906 | e | Owens & Minor, Inc | 98 | |||||
4,009 | Patterson Cos, Inc | 151 | ||||||
2,303 | * | Pediatrix Medical Group, Inc | 211 | |||||
1,348 | * | PharMerica Corp | 19 | |||||
626 | *,e | PhotoMedex, Inc | 10 | |||||
495 | * | Providence Service Corp | 14 | |||||
1,960 | Quality Systems, Inc | 37 | ||||||
7,234 | Quest Diagnostics, Inc | 439 | ||||||
1,220 | *,e | Quidel Corp | 31 | |||||
6,520 | e | Resmed, Inc | 294 | |||||
490 | * | Rochester Medical Corp | 7 | |||||
1,891 | * | Rockwell Medical Technologies, Inc | 7 | |||||
3,216 | * | RTI Biologics, Inc | 12 | |||||
2,500 | Select Medical Holdings Corp | 20 | ||||||
2,518 | * | Sirona Dental Systems, Inc | 166 | |||||
973 | * | Skilled Healthcare Group, Inc (Class A) | 6 | |||||
3,016 | * | Solta Medical, Inc | 7 | |||||
1,958 | * | Spectranetics Corp | 37 | |||||
12,746 | St. Jude Medical, Inc | 582 | ||||||
1,741 | * | Staar Surgical Co | 18 | |||||
2,595 | STERIS Corp | 111 | ||||||
14,382 | Stryker Corp | 930 | ||||||
900 | * | SurModics, Inc | 18 | |||||
1,974 | * | Symmetry Medical, Inc | 17 | |||||
3,153 | * | Team Health Holdings, Inc | 129 |
23
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,197 | * | TearLab Corp | $ | 13 | ||||
1,782 | Teleflex, Inc | 138 | ||||||
4,726 | * | Tenet Healthcare Corp | 218 | |||||
2,569 | * | Thoratec Corp | 80 | |||||
1,214 | * | Tornier BV | 21 | |||||
463 | * | Triple-S Management Corp (Class B) | 10 | |||||
3,641 | *,e | Unilife Corp | 12 | |||||
46,703 | UnitedHealth Group, Inc | 3,058 | ||||||
1,661 | Universal American Corp | 15 | ||||||
4,061 | Universal Health Services, Inc (Class B) | 272 | ||||||
549 | US Physical Therapy, Inc | 15 | ||||||
149 | Utah Medical Products, Inc | 8 | ||||||
1,585 | * | Vanguard Health Systems, Inc | 33 | |||||
4,964 | * | Varian Medical Systems, Inc | 335 | |||||
937 | * | Vascular Solutions, Inc | 14 | |||||
3,661 | * | VCA Antech, Inc | 95 | |||||
960 | * | Vocera Communications, Inc | 14 | |||||
2,758 | * | Volcano Corp | 50 | |||||
1,994 | * | WellCare Health Plans, Inc | 111 | |||||
13,751 | WellPoint, Inc | 1,125 | ||||||
1,588 | West Pharmaceutical Services, Inc | 112 | ||||||
2,200 | * | Wright Medical Group, Inc | 58 | |||||
821 | *,e | Zeltiq Aesthetics, Inc | 5 | |||||
7,709 | Zimmer Holdings, Inc | 578 | ||||||
|
| |||||||
TOTAL HEALTH CARE EQUIPMENT & SERVICES | 37,254 | |||||||
|
| |||||||
HOUSEHOLD & PERSONAL PRODUCTS - 2.0% | ||||||||
19,842 | Avon Products, Inc | 417 | ||||||
1,891 | * | Central Garden and Pet Co (Class A) | 13 | |||||
6,333 | Church & Dwight Co, Inc | 391 | ||||||
5,984 | Clorox Co | 497 | ||||||
42,857 | Colgate-Palmolive Co | 2,455 | ||||||
1,181 | * | Elizabeth Arden, Inc | 53 | |||||
2,852 | Energizer Holdings, Inc | 287 | ||||||
10,601 | Estee Lauder Cos (Class A) | 697 | ||||||
867 | Female Health Co | 9 | ||||||
262 | * | Harbinger Group, Inc | 2 | |||||
4,211 | e | Herbalife Ltd | 190 | |||||
735 | Inter Parfums, Inc | 21 | ||||||
17,613 | Kimberly-Clark Corp | 1,711 | ||||||
5,295 | * | Lifevantage Corp | 12 | |||||
721 | * | Medifast, Inc | 19 | |||||
537 | Nature’s Sunshine Products, Inc | 9 | ||||||
2,633 | Nu Skin Enterprises, Inc (Class A) | 161 | ||||||
602 | Nutraceutical International Corp | 12 | ||||||
255 | Oil-Dri Corp of America | 7 | ||||||
289 | Orchids Paper Products Co | 8 | ||||||
2,523 | * | Prestige Brands Holdings, Inc | 74 | |||||
125,652 | Procter & Gamble Co | 9,674 | ||||||
575 | * | Revlon, Inc (Class A) | 13 | |||||
990 | Spectrum Brands, Inc | 56 | ||||||
5,814 | *,e | Star Scientific, Inc | 8 | |||||
312 | *,e | USANA Health Sciences, Inc | 23 | |||||
704 | WD-40 Co | 38 | ||||||
|
| |||||||
TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 16,857 | |||||||
|
| |||||||
INSURANCE - 4.3% | ||||||||
15,518 | ACE Ltd | 1,389 | ||||||
21,354 | Aflac, Inc | 1,241 | ||||||
772 | * | Alleghany Corp | 296 | |||||
1,767 | Allied World Assurance Co Holdings Ltd | 162 | ||||||
21,468 | Allstate Corp | 1,033 |
24
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
220 | * | AMBAC Financial Group, Inc | $ | 5 | ||||
3,620 | American Equity Investment Life Holding Co | 57 | ||||||
3,560 | American Financial Group, Inc | 174 | ||||||
67,403 | * | American International Group, Inc | 3,013 | |||||
355 | American National Insurance Co | 35 | ||||||
447 | * | American Safety Insurance Holdings Ltd | 13 | |||||
915 | Amerisafe, Inc | 30 | ||||||
1,319 | e | Amtrust Financial Services, Inc | 47 | |||||
14,152 | Aon plc | 911 | ||||||
6,213 | * | Arch Capital Group Ltd | 319 | |||||
1,367 | Argo Group International Holdings Ltd | 58 | ||||||
5,795 | Arthur J. Gallagher & Co | 253 | ||||||
3,124 | Aspen Insurance Holdings Ltd | 116 | ||||||
3,641 | Assurant, Inc | 185 | ||||||
7,819 | Assured Guaranty Ltd | 173 | ||||||
4,657 | Axis Capital Holdings Ltd | 213 | ||||||
422 | Baldwin & Lyons, Inc (Class B) | 10 | ||||||
82,406 | * | Berkshire Hathaway, Inc (Class B) | 9,223 | |||||
5,834 | Brown & Brown, Inc | 188 | ||||||
12,079 | Chubb Corp | 1,023 | ||||||
6,937 | Cincinnati Financial Corp | 318 | ||||||
2,162 | *,e | Citizens, Inc (Class A) | 13 | |||||
1,391 | CNA Financial Corp | 45 | ||||||
11,225 | Conseco, Inc | 145 | ||||||
1,190 | Crawford & Co (Class B) | 7 | ||||||
406 | Donegal Group, Inc (Class A) | 6 | ||||||
309 | Eastern Insurance Holdings, Inc | 6 | ||||||
844 | * | eHealth, Inc | 19 | |||||
168 | EMC Insurance Group, Inc | 4 | ||||||
1,647 | Employers Holdings, Inc | 40 | ||||||
1,980 | Endurance Specialty Holdings Ltd | 102 | ||||||
413 | * | Enstar Group Ltd | 55 | |||||
1,205 | Erie Indemnity Co (Class A) | 96 | ||||||
2,291 | Everest Re Group Ltd | 294 | ||||||
441 | FBL Financial Group, Inc (Class A) | 19 | ||||||
10,562 | Fidelity National Title Group, Inc (Class A) | 251 | ||||||
4,970 | First American Financial Corp | 110 | ||||||
23,572 | * | Genworth Financial, Inc (Class A) | 269 | |||||
1,299 | * | Greenlight Capital Re Ltd (Class A) | 32 | |||||
368 | * | Hallmark Financial Services | 3 | |||||
2,022 | Hanover Insurance Group, Inc | 99 | ||||||
20,670 | Hartford Financial Services Group, Inc | 639 | ||||||
4,524 | HCC Insurance Holdings, Inc | 195 | ||||||
366 | HCI Group, Inc | 11 | ||||||
2,683 | * | Hilltop Holdings, Inc | 44 | |||||
1,816 | Horace Mann Educators Corp | 44 | ||||||
392 | Independence Holding Co | 5 | ||||||
632 | Infinity Property & Casualty Corp | 38 | ||||||
18 | Investors Title Co | 1 | ||||||
212 | Kansas City Life Insurance Co | 8 | ||||||
2,516 | Kemper Corp | 86 | ||||||
13,254 | Lincoln National Corp | 483 | ||||||
14,433 | Loews Corp | 641 | ||||||
2,294 | Maiden Holdings Ltd | 26 | ||||||
632 | * | Markel Corp | 333 | |||||
25,244 | Marsh & McLennan Cos, Inc | 1,008 | ||||||
6,479 | *,e | MBIA, Inc | 86 | |||||
2,307 | Meadowbrook Insurance Group, Inc | 19 | ||||||
1,373 | Mercury General Corp | 60 | ||||||
39,619 | Metlife, Inc | 1,813 | ||||||
2,117 | Montpelier Re Holdings Ltd | 53 | ||||||
2,320 | * | National Financial Partners Corp | 59 | |||||
224 | National Interstate Corp | 7 |
25
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
106 | National Western Life Insurance Co (Class A) | $ | 20 | |||||
470 | * | Navigators Group, Inc | 27 | |||||
12,542 | Old Republic International Corp | 161 | ||||||
1,061 | OneBeacon Insurance Group Ltd (Class A) | 15 | ||||||
2,740 | PartnerRe Ltd | 248 | ||||||
272 | * | Phoenix Cos, Inc | 12 | |||||
1,520 | Platinum Underwriters Holdings Ltd | 87 | ||||||
2,608 | Primerica, Inc | 98 | ||||||
13,440 | Principal Financial Group | 503 | ||||||
2,826 | ProAssurance Corp | 147 | ||||||
27,785 | Progressive Corp | 706 | ||||||
3,883 | Protective Life Corp | 149 | ||||||
21,252 | Prudential Financial, Inc | 1,552 | ||||||
3,326 | Reinsurance Group of America, Inc (Class A) | 230 | ||||||
2,166 | RenaissanceRe Holdings Ltd | 188 | ||||||
972 | RLI Corp | 74 | ||||||
678 | Safety Insurance Group, Inc | 33 | ||||||
2,700 | Selective Insurance Group, Inc | 62 | ||||||
2,034 | Stancorp Financial Group, Inc | 101 | ||||||
913 | State Auto Financial Corp | 17 | ||||||
1,090 | Stewart Information Services Corp | 29 | ||||||
3,790 | Symetra Financial Corp | 61 | ||||||
4,327 | Torchmark Corp | 282 | ||||||
2,111 | Tower Group International Ltd | 43 | ||||||
17,405 | Travelers Cos, Inc | 1,391 | ||||||
417 | * | United America Indemnity Ltd | 10 | |||||
1,337 | United Fire & Casualty Co | 33 | ||||||
1,340 | Universal Insurance Holdings, Inc | 10 | ||||||
12,588 | UnumProvident Corp | 370 | ||||||
4,375 | Validus Holdings Ltd | 158 | ||||||
5,001 | W.R. Berkley Corp | 204 | ||||||
283 | White Mountains Insurance Group Ltd | 163 | ||||||
13,437 | XL Capital Ltd | 407 | ||||||
|
| |||||||
TOTAL INSURANCE | 35,350 | |||||||
|
| |||||||
MATERIALS - 3.6% | ||||||||
1,430 | A. Schulman, Inc | 38 | ||||||
428 | * | ADA-ES, Inc | 18 | |||||
226 | * | AEP Industries, Inc | 17 | |||||
9,544 | Air Products & Chemicals, Inc | 874 | ||||||
2,996 | Airgas, Inc | 286 | ||||||
5,809 | *,e | AK Steel Holding Corp | 18 | |||||
4,028 | Albemarle Corp | 251 | ||||||
48,991 | Alcoa, Inc | 383 | ||||||
5,011 | Allegheny Technologies, Inc | 132 | ||||||
4,499 | * | Allied Nevada Gold Corp | 29 | |||||
1,252 | AMCOL International Corp | 40 | ||||||
94 | * | American Pacific Corp | 3 | |||||
1,339 | American Vanguard Corp | 31 | ||||||
3,092 | Aptargroup, Inc | 171 | ||||||
970 | * | Arabian American Development Co | 8 | |||||
3,647 | Ashland, Inc | 305 | ||||||
3,223 | Axiall Corp | 137 | ||||||
1,365 | Balchem Corp | 61 | ||||||
6,811 | Ball Corp | 283 | ||||||
4,708 | Bemis Co, Inc | 184 | ||||||
2,317 | * | Berry Plastics Group, Inc | 51 | |||||
559 | * | Boise Cascade Co | 14 | |||||
4,633 | Boise, Inc | 40 | ||||||
986 | Brush Engineered Materials, Inc | 27 | ||||||
1,757 | Buckeye Technologies, Inc | 65 | ||||||
2,920 | Cabot Corp | 109 | ||||||
2,460 | * | Calgon Carbon Corp | 41 |
26
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
2,161 | Carpenter Technology Corp | $ | 97 | |||||
799 | *,e | Castle (A.M.) & Co | 13 | |||||
7,145 | Celanese Corp (Series A) | 320 | ||||||
2,103 | * | Century Aluminum Co | 20 | |||||
2,714 | CF Industries Holdings, Inc | 465 | ||||||
340 | Chase Corp | 8 | ||||||
4,115 | * | Chemtura | 84 | |||||
1,060 | * | Clearwater Paper Corp | 50 | |||||
6,967 | e | Cliffs Natural Resources, Inc | 113 | |||||
4,249 | * | Coeur d’Alene Mines Corp | 57 | |||||
5,382 | Commercial Metals Co | 79 | ||||||
1,529 | Compass Minerals International, Inc | 129 | ||||||
6,593 | * | Crown Holdings, Inc | 271 | |||||
1,920 | Cytec Industries, Inc | 141 | ||||||
507 | Deltic Timber Corp | 29 | ||||||
1,514 | Domtar Corp | 101 | ||||||
55,391 | Dow Chemical Co | 1,782 | ||||||
42,145 | Du Pont (E.I.) de Nemours & Co | 2,213 | ||||||
2,311 | Eagle Materials, Inc | 153 | ||||||
7,092 | Eastman Chemical Co | 497 | ||||||
12,009 | Ecolab, Inc | 1,023 | ||||||
3,191 | * | Ferro Corp | 22 | |||||
2,562 | * | Flotek Industries, Inc | 46 | |||||
6,234 | FMC Corp | 381 | ||||||
47,357 | Freeport-McMoRan Copper & Gold, Inc (Class B) | 1,308 | ||||||
954 | FutureFuel Corp | 14 | ||||||
2,908 | *,e | General Moly, Inc | 5 | |||||
2,058 | Glatfelter | 52 | ||||||
2,943 | Globe Specialty Metals, Inc | 32 | ||||||
1,426 | e | Gold Resource Corp | 12 | |||||
9,370 | * | Graphic Packaging Holding Co | 73 | |||||
1,531 | Greif, Inc (Class A) | 81 | ||||||
2,306 | H.B. Fuller Co | 87 | ||||||
459 | Hawkins, Inc | 18 | ||||||
501 | Haynes International, Inc | 24 | ||||||
3,320 | * | Headwaters, Inc | 29 | |||||
14,157 | e | Hecla Mining Co | 42 | |||||
2,056 | * | Horsehead Holding Corp | 26 | |||||
8,503 | Huntsman Corp | 141 | ||||||
1,000 | Innophos Holdings, Inc | 47 | ||||||
1,128 | Innospec, Inc | 45 | ||||||
3,724 | International Flavors & Fragrances, Inc | 280 | ||||||
20,363 | International Paper Co | 902 | ||||||
2,641 | e | Intrepid Potash, Inc | 50 | |||||
804 | Kaiser Aluminum Corp | 50 | ||||||
1,872 | Kapstone Paper and Packaging Corp | 75 | ||||||
329 | KMG Chemicals, Inc | 7 | ||||||
952 | Koppers Holdings, Inc | 36 | ||||||
1,610 | * | Kraton Polymers LLC | 34 | |||||
1,114 | e | Kronos Worldwide, Inc | 18 | |||||
1,289 | * | Landec Corp | 17 | |||||
6,361 | * | Louisiana-Pacific Corp | 94 | |||||
901 | * | LSB Industries, Inc | 27 | |||||
18,492 | LyondellBasell Industries AF S.C.A | 1,225 | ||||||
2,108 | Martin Marietta Materials, Inc | 207 | ||||||
8,015 | MeadWestvaco Corp | 273 | ||||||
3,984 | *,e | Midway Gold Corp | 4 | |||||
1,603 | Minerals Technologies, Inc | 66 | ||||||
5,699 | *,e | Molycorp, Inc | 35 | |||||
24,442 | Monsanto Co | 2,415 | ||||||
13,763 | Mosaic Co | 741 | ||||||
1,307 | Myers Industries, Inc | 20 | ||||||
743 | Neenah Paper, Inc | 24 |
27
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
426 | NewMarket Corp | $ | 112 | |||||
22,710 | Newmont Mining Corp | 680 | ||||||
1,121 | Noranda Aluminium Holding Corp | 4 | ||||||
14,897 | Nucor Corp | 645 | ||||||
3,679 | Olin Corp | 88 | ||||||
529 | Olympic Steel, Inc | 13 | ||||||
1,452 | * | OM Group, Inc | 45 | |||||
2,250 | * | Omnova Solutions, Inc | 18 | |||||
7,590 | * | Owens-Illinois, Inc | 211 | |||||
4,498 | Packaging Corp of America | 220 | ||||||
5,999 | *,e | Paramount Gold and Silver Corp | 7 | |||||
4,551 | PolyOne Corp | 113 | ||||||
6,532 | PPG Industries, Inc | 956 | ||||||
13,540 | Praxair, Inc | 1,559 | ||||||
610 | Quaker Chemical Corp | 38 | ||||||
3,513 | Reliance Steel & Aluminum Co | 230 | ||||||
11,466 | Rentech, Inc | 24 | ||||||
2,728 | *,e | Resolute Forest Products | 36 | |||||
3,241 | Rock-Tenn Co (Class A) | 324 | ||||||
3,377 | Rockwood Holdings, Inc | 216 | ||||||
2,938 | Royal Gold, Inc | 124 | ||||||
6,079 | RPM International, Inc | 194 | ||||||
1,496 | * | RTI International Metals, Inc | 41 | |||||
1,183 | Schnitzer Steel Industries, Inc (Class A) | 28 | ||||||
1,432 | Schweitzer-Mauduit International, Inc | 71 | ||||||
2,024 | e | Scotts Miracle-Gro Co (Class A) | 98 | |||||
8,564 | Sealed Air Corp | 205 | ||||||
2,061 | Sensient Technologies Corp | 83 | ||||||
4,071 | Sherwin-Williams Co | 719 | ||||||
5,468 | Sigma-Aldrich Corp | 439 | ||||||
2,060 | Silgan Holdings, Inc | 97 | ||||||
4,578 | Sonoco Products Co | 158 | ||||||
7,399 | Southern Copper Corp (NY) | 204 | ||||||
10,230 | Steel Dynamics, Inc | 153 | ||||||
834 | Stepan Co | 46 | ||||||
5,644 | *,e | Stillwater Mining Co | 61 | |||||
2,967 | * | SunCoke Energy, Inc | 42 | |||||
3,933 | * | Tahoe Resources, Inc | 56 | |||||
557 | * | Taminco Corp | 11 | |||||
1,000 | *,e | Texas Industries, Inc | 65 | |||||
1,164 | Tredegar Corp | 30 | ||||||
260 | * | UFP Technologies, Inc | 5 | |||||
66 | * | United States Lime & Minerals, Inc | 3 | |||||
6,590 | e | United States Steel Corp | 116 | |||||
391 | * | Universal Stainless & Alloy | 12 | |||||
482 | * | US Concrete, Inc | 8 | |||||
910 | e | US Silica Holdings Inc | 19 | |||||
4,083 | Valspar Corp | 264 | ||||||
5,949 | Vulcan Materials Co | 288 | ||||||
2,588 | e | Walter Energy, Inc | 27 | |||||
2,354 | Wausau Paper Corp | 27 | ||||||
893 | Westlake Chemical Corp | 86 | ||||||
297 | * | WHX Corp | 5 | |||||
2,539 | Worthington Industries, Inc | 81 | ||||||
3,473 | * | WR Grace & Co | 292 | |||||
1,145 | Zep, Inc | 18 | ||||||
1,261 | *,e | Zoltek Cos, Inc | 16 | |||||
|
| |||||||
TOTAL MATERIALS | 30,077 | |||||||
|
| |||||||
MEDIA - 3.7% | ||||||||
176 | * | AH Belo Corp (Class A) | 1 | |||||
2,757 | * | AMC Networks, Inc | 180 | |||||
1,414 | Arbitron, Inc | 66 |
28
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
4,724 | Belo (A.H.) Corp (Class A) | $ | 66 | |||||
10,225 | Cablevision Systems Corp (Class A) | 172 | ||||||
852 | * | Carmike Cinemas, Inc | 16 | |||||
28,098 | CBS Corp (Class B) | 1,373 | ||||||
3,461 | * | Central European Media Enterprises Ltd (Class A) Nasdaq | 11 | |||||
2,939 | * | Charter Communications, Inc | 364 | |||||
5,283 | Cinemark Holdings, Inc | 148 | ||||||
2,051 | Clear Channel Outdoor Holdings, Inc (Class A) | 15 | ||||||
120,203 | Comcast Corp (Class A) | 5,034 | ||||||
1,802 | *,e | Crown Media Holdings, Inc (Class A) | 4 | |||||
3,368 | *,e | Cumulus Media, Inc (Class A) | 11 | |||||
764 | * | Dex Media, Inc | 13 | |||||
1,322 | *,e | Digital Generation, Inc | 10 | |||||
23,912 | * | DIRECTV | 1,473 | |||||
11,137 | * | Discovery Communications, Inc (Class A) | 860 | |||||
9,552 | DISH Network Corp (Class A) | 406 | ||||||
3,294 | *,e | DreamWorks Animation SKG, Inc (Class A) | 85 | |||||
1,252 | * | Entercom Communications Corp (Class A) | 12 | |||||
2,637 | Entravision Communications Corp (Class A) | 16 | ||||||
1,412 | * | EW Scripps Co (Class A) | 22 | |||||
354 | Fisher Communications, Inc | 15 | ||||||
10,481 | Gannett Co, Inc | 256 | ||||||
629 | * | Global Sources Ltd | 4 | |||||
1,978 | * | Gray Television, Inc | 14 | |||||
2,075 | Harte-Hanks, Inc | 18 | ||||||
408 | * | Hemisphere Media Group, Inc | 6 | |||||
19,644 | Interpublic Group of Cos, Inc | 286 | ||||||
1,843 | John Wiley & Sons, Inc (Class A) | 74 | ||||||
2,807 | * | Journal Communications, Inc (Class A) | 21 | |||||
3,750 | * | Lamar Advertising Co (Class A) | 163 | |||||
17,711 | * | Liberty Global plc (Class A) | 1,312 | |||||
4,623 | * | Liberty Media Corp | 586 | |||||
1,294 | * | Lin TV Corp (Class A) | 20 | |||||
3,701 | *,e | Lions Gate Entertainment Corp | 102 | |||||
7,613 | * | Live Nation, Inc | 118 | |||||
546 | Loral Space & Communications, Inc | 33 | ||||||
2,794 | * | Madison Square Garden, Inc | 166 | |||||
1,522 | e | Martha Stewart Living Omnimedia, Inc (Class A) | 4 | |||||
3,219 | *,e | McClatchy Co (Class A) | 7 | |||||
12,558 | McGraw-Hill Cos, Inc | 668 | ||||||
1,288 | MDC Partners, Inc | 23 | ||||||
939 | * | Media General, Inc (Class A) | 10 | |||||
1,642 | e | Meredith Corp | 78 | |||||
949 | Morningstar, Inc | 74 | ||||||
2,714 | National CineMedia, Inc | 46 | ||||||
1,764 | * | Navarre Corp | 5 | |||||
6,951 | * | New York Times Co (Class A) | 77 | |||||
91,011 | News Corp (Class A) | 2,967 | ||||||
1,355 | Nexstar Broadcasting Group, Inc (Class A) | 48 | ||||||
11,764 | Omnicom Group, Inc | 740 | ||||||
490 | *,e | ReachLocal, Inc | 6 | |||||
787 | * | Reading International, Inc | 5 | |||||
4,340 | e | Regal Entertainment Group (Class A) | 78 | |||||
475 | * | Rentrak Corp | 10 | |||||
216 | Saga Communications, Inc | 10 | ||||||
1,212 | Scholastic Corp | 35 | ||||||
5,006 | Scripps Networks Interactive (Class A) | 334 | ||||||
2,960 | Sinclair Broadcast Group, Inc (Class A) | 87 | ||||||
141,453 | Sirius XM Radio, Inc | 474 | ||||||
5,113 | * | Starz-Liberty Capital | 113 | |||||
17,108 | Thomson Corp | 557 | ||||||
13,325 | Time Warner Cable, Inc | 1,499 | ||||||
42,679 | Time Warner, Inc | 2,468 |
29
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,770 | e | Valassis Communications, Inc | $ | 44 | ||||
22,211 | Viacom, Inc (Class B) | 1,511 | ||||||
82,464 | Walt Disney Co | 5,207 | ||||||
170 | Washington Post Co (Class B) | 82 | ||||||
1,281 | e | World Wrestling Entertainment, Inc (Class A) | 13 | |||||
|
| |||||||
TOTAL MEDIA | 30,832 | |||||||
|
| |||||||
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.8% | ||||||||
72,574 | AbbVie, Inc | 3,000 | ||||||
3,224 | * | Acadia Pharmaceuticals, Inc | 59 | |||||
528 | * | Accelerate Diagnostics, Inc | 4 | |||||
961 | * | AcelRx Pharmaceuticals, Inc | 9 | |||||
4,428 | * | Achillion Pharmaceuticals, Inc | 36 | |||||
1,860 | * | Acorda Therapeutics, Inc | 61 | |||||
5,862 | * | Actavis, Inc | 740 | |||||
1,318 | * | Aegerion Pharmaceuticals, Inc | 84 | |||||
3,307 | *,e | Affymetrix, Inc | 15 | |||||
15,782 | Agilent Technologies, Inc | 675 | ||||||
2,860 | * | Akorn, Inc | 39 | |||||
1,060 | * | Albany Molecular Research, Inc | 13 | |||||
8,985 | * | Alexion Pharmaceuticals, Inc | 829 | |||||
818 | * | Alimera Sciences, Inc | 4 | |||||
5,915 | * | Alkermes plc | 170 | |||||
13,569 | Allergan, Inc | 1,143 | ||||||
2,667 | * | Alnylam Pharmaceuticals, Inc | 83 | |||||
1,109 | * | AMAG Pharmaceuticals, Inc | 25 | |||||
34,416 | Amgen, Inc | 3,395 | ||||||
1,454 | *,e | Amicus Therapeutics, Inc | 3 | |||||
1,022 | *,e | Ampio Pharmaceuticals, Inc | 6 | |||||
1,178 | * | Anacor Pharmaceuticals, Inc | 7 | |||||
9,609 | *,e | Arena Pharmaceuticals, Inc | 74 | |||||
8,451 | * | Ariad Pharmaceuticals, Inc | 148 | |||||
2,640 | * | Arqule, Inc | 6 | |||||
5,359 | * | Array Biopharma, Inc | 24 | |||||
4,424 | * | Astex Pharmaceuticals | 18 | |||||
2,455 | * | Auxilium Pharmaceuticals, Inc | 41 | |||||
6,354 | *,e | AVANIR Pharmaceuticals, Inc | 29 | |||||
1,870 | * | AVEO Pharmaceuticals, Inc | 5 | |||||
1,429 | * | BioDelivery Sciences International, Inc | 6 | |||||
10,922 | * | Biogen Idec, Inc | 2,350 | |||||
6,368 | * | BioMarin Pharmaceuticals, Inc | 355 | |||||
935 | * | Bio-Rad Laboratories, Inc (Class A) | 105 | |||||
1,108 | *,e | Biotime, Inc | 4 | |||||
75,218 | Bristol-Myers Squibb Co | 3,362 | ||||||
5,008 | * | Bruker BioSciences Corp | 81 | |||||
2,842 | * | Cadence Pharmaceuticals, Inc | 19 | |||||
1,384 | * | Cambrex Corp | 19 | |||||
19,115 | * | Celgene Corp | 2,235 | |||||
4,964 | * | Cell Therapeutics, Inc | 5 | |||||
3,687 | * | Celldex Therapeutics, Inc | 58 | |||||
663 | * | Cempra, Inc | 5 | |||||
3,195 | * | Cepheid, Inc | 110 | |||||
2,363 | * | Charles River Laboratories International, Inc | 97 | |||||
2,717 | * | Chelsea Therapeutics International, Inc | 6 | |||||
1,103 | * | ChemoCentryx, Inc | 16 | |||||
373 | * | Chimerix, Inc | 9 | |||||
669 | * | Clovis Oncology, Inc | 45 | |||||
1,326 | *,e | Corcept Therapeutics, Inc | 2 | |||||
318 | * | Cornerstone Therapeutics, Inc | 3 | |||||
992 | * | Coronado Biosciences, Inc | 9 | |||||
2,467 | * | Covance, Inc | 188 | |||||
3,018 | * | Cubist Pharmaceuticals, Inc | 146 |
30
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
3,574 | *,e | Curis, Inc | $ | 11 | ||||
1,140 | * | Cytokinetics, Inc | 13 | |||||
2,389 | * | Cytori Therapeutics, Inc | 6 | |||||
7,690 | *,e | Dendreon Corp | 32 | |||||
2,984 | * | Depomed, Inc | 17 | |||||
587 | * | Durata Therapeutics, Inc | 4 | |||||
4,970 | * | Dyax Corp | 17 | |||||
5,402 | *,e | Dynavax Technologies Corp | 6 | |||||
45,394 | Eli Lilly & Co | 2,230 | ||||||
1,234 | * | Emergent Biosolutions, Inc | 18 | |||||
5,489 | * | Endo Pharmaceuticals Holdings, Inc | 202 | |||||
1,449 | * | Endocyte, Inc | 19 | |||||
2,632 | Enzon Pharmaceuticals, Inc | 5 | ||||||
270 | * | Epizyme, Inc | 8 | |||||
2,928 | * | Exact Sciences Corp | 41 | |||||
8,337 | *,e | Exelixis, Inc | 38 | |||||
791 | * | Fibrocell Science, Inc | 5 | |||||
989 | * | Fluidigm Corp | 17 | |||||
12,210 | *,m | Forest Laboratories, Inc | 501 | |||||
512 | * | Furiex Pharmaceuticals Inc | 17 | |||||
3,544 | * | Galena Biopharma, Inc | 8 | |||||
810 | * | Genomic Health, Inc | 26 | |||||
6,445 | *,e | Geron Corp | 10 | |||||
69,946 | * | Gilead Sciences, Inc | 3,582 | |||||
971 | * | GTx, Inc | 6 | |||||
3,942 | *,e | Halozyme Therapeutics, Inc | 31 | |||||
1,104 | * | Harvard Bioscience, Inc | 5 | |||||
458 | Hi-Tech Pharmacal Co, Inc | 15 | ||||||
1,073 | *,e | Horizon Pharma, Inc | 3 | |||||
7,573 | * | Hospira, Inc | 290 | |||||
400 | * | Hyperion Therapeutics, Inc | 9 | |||||
3,653 | *,e | Idenix Pharmaceuticals, Inc | 13 | |||||
5,845 | *,e | Illumina, Inc | 437 | |||||
3,866 | *,e | Immunogen, Inc | 64 | |||||
3,543 | *,e | Immunomedics, Inc | 19 | |||||
3,148 | * | Impax Laboratories, Inc | 63 | |||||
4,807 | *,e | Incyte Corp | 106 | |||||
2,197 | *,e | Infinity Pharmaceuticals, Inc | 36 | |||||
1,280 | * | Insmed, Inc | 15 | |||||
287 | * | Intercept Pharmaceuticals, Inc | 13 | |||||
3,671 | *,e | InterMune, Inc | 35 | |||||
4,298 | *,e | Ironwood Pharmaceuticals, Inc | 43 | |||||
5,202 | *,e | Isis Pharmaceuticals, Inc | 140 | |||||
2,378 | * | Jazz Pharmaceuticals plc | 163 | |||||
128,179 | Johnson & Johnson | 11,005 | ||||||
3,747 | *,e | Keryx Biopharmaceuticals, Inc | 28 | |||||
464 | * | KYTHERA Biopharmaceuticals, Inc | 13 | |||||
832 | * | Lannett Co, Inc | 10 | |||||
10,577 | * | Lexicon Pharmaceuticals, Inc | 23 | |||||
7,883 | * | Life Technologies Corp | 583 | |||||
925 | * | Ligand Pharmaceuticals, Inc (Class B) | 35 | |||||
1,879 | * | Luminex Corp | 39 | |||||
6,779 | *,e | MannKind Corp | 44 | |||||
2,495 | * | Medicines Co | 77 | |||||
3,431 | * | Medivation, Inc | 169 | |||||
138,276 | Merck & Co, Inc | 6,423 | ||||||
4,183 | *,e | Merrimack Pharmaceuticals, Inc | 28 | |||||
1,402 | * | Mettler-Toledo International, Inc | 282 | |||||
3,906 | * | MiMedx Group, Inc | 28 | |||||
2,284 | * | Momenta Pharmaceuticals, Inc | 34 | |||||
17,444 | * | Mylan Laboratories, Inc | 541 | |||||
3,772 | * | Myriad Genetics, Inc | 101 | |||||
1,925 | * | Nanosphere, Inc | 6 |
31
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
5,532 | * | Nektar Therapeutics | $ | 64 | ||||
1,429 | * | NeoGenomics, Inc | 6 | |||||
3,256 | * | Neurocrine Biosciences, Inc | 44 | |||||
629 | *,e | NewLink Genetics Corp | 12 | |||||
6,093 | * | Novavax, Inc | 13 | |||||
4,453 | * | NPS Pharmaceuticals, Inc | 67 | |||||
1,112 | *,e | Omeros Corp | 6 | |||||
244 | * | Omthera Pharmaceuticals, Inc | 3 | |||||
511 | *,e | OncoGenex Pharmaceutical, Inc | 5 | |||||
3,332 | * | Onyx Pharmaceuticals, Inc | 289 | |||||
6,523 | *,e | Opko Health, Inc | 46 | |||||
2,242 | *,e | Optimer Pharmaceuticals, Inc | 32 | |||||
4,355 | *,e | Orexigen Therapeutics, Inc | 25 | |||||
807 | *,e | Osiris Therapeutics, Inc | 8 | |||||
397 | * | OvaScience, Inc | 5 | |||||
1,723 | * | Pacific Biosciences of California, Inc | 4 | |||||
1,271 | * | Pacira Pharmaceuticals, Inc | 37 | |||||
2,734 | * | Parexel International Corp | 126 | |||||
5,815 | e | PDL BioPharma, Inc | 45 | |||||
6,277 | * | Peregrine Pharmaceuticals, Inc | 8 | |||||
5,182 | PerkinElmer, Inc | 168 | ||||||
4,034 | Perrigo Co | 488 | ||||||
311,427 | Pfizer, Inc | 8,723 | ||||||
2,681 | * | Pharmacyclics, Inc | 213 | |||||
457 | * | Portola Pharmaceuticals, Inc | 11 | |||||
1,425 | * | Pozen, Inc | 7 | |||||
2,427 | * | Progenics Pharmaceuticals, Inc | 11 | |||||
554 | * | Prothena Corp plc | 7 | |||||
1,018 | * | Puma Biotechnology, Inc | 45 | |||||
11,224 | * | Qiagen N.V. (NASDAQ) | 223 | |||||
2,607 | e | Questcor Pharmaceuticals, Inc | 119 | |||||
937 | * | Quintiles Transnational Holdings, Inc | 40 | |||||
2,377 | *,e | Raptor Pharmaceutical Corp | 22 | |||||
256 | * | Receptos, Inc | 5 | |||||
3,668 | * | Regeneron Pharmaceuticals, Inc | 825 | |||||
424 | * | Regulus Therapeutics, Inc | 4 | |||||
1,493 | * | Repligen Corp | 12 | |||||
714 | *,e | Repros Therapeutics, Inc | 13 | |||||
3,471 | * | Rigel Pharmaceuticals, Inc | 12 | |||||
747 | * | Sagent Pharmaceuticals | 16 | |||||
3,014 | * | Salix Pharmaceuticals Ltd | 199 | |||||
2,157 | *,e | Sangamo Biosciences, Inc | 17 | |||||
2,562 | * | Santarus, Inc | 54 | |||||
1,265 | * | Sarepta Therapeutics, Inc | 48 | |||||
2,738 | * | Sciclone Pharmaceuticals, Inc | 14 | |||||
4,705 | *,e | Seattle Genetics, Inc | 148 | |||||
4,993 | *,e | Sequenom, Inc | 21 | |||||
1,470 | *,e | SIGA Technologies, Inc | 4 | |||||
2,652 | e | Spectrum Pharmaceuticals, Inc | 20 | |||||
414 | * | Stemline Therapeutics, Inc | 10 | |||||
620 | * | Sucampo Pharmaceuticals, Inc (Class A) | 4 | |||||
1,424 | * | Sunesis Pharmaceuticals, Inc | 7 | |||||
632 | * | Supernus Pharmaceuticals, Inc | 4 | |||||
776 | * | Synageva BioPharma Corp | 33 | |||||
3,578 | *,e | Synergy Pharmaceuticals, Inc | 15 | |||||
1,821 | *,e | Synta Pharmaceuticals Corp | 9 | |||||
1,257 | * | Targacept, Inc | 5 | |||||
1,792 | Techne Corp | 124 | ||||||
603 | * | TESARO, Inc | 20 | |||||
481 | * | Tetraphase Pharmaceuticals, Inc | 3 | |||||
647 | * | TG Therapeutics, Inc | 4 | |||||
3,604 | * | TherapeuticsMD, Inc | 11 |
32
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
3,349 | *,e | Theravance, Inc | $ | 129 | ||||
16,434 | Thermo Electron Corp | 1,391 | ||||||
2,098 | *,e | Threshold Pharmaceuticals, Inc | 11 | |||||
1,733 | * | Trius Therapeutics, Inc | 14 | |||||
2,129 | * | United Therapeutics Corp | 140 | |||||
1,501 | * | Vanda Pharmaceuticals, Inc | 12 | |||||
637 | * | Verastem, Inc | 9 | |||||
10,133 | * | Vertex Pharmaceuticals, Inc | 809 | |||||
3,055 | *,e | Vical, Inc | 10 | |||||
3,102 | * | Viropharma, Inc | 89 | |||||
4,844 | *,e | Vivus, Inc | 61 | |||||
11,488 | Warner Chilcott plc | 228 | ||||||
3,923 | * | Waters Corp | 393 | |||||
1,508 | * | Xenoport, Inc | 7 | |||||
3,261 | *,e | XOMA Corp | 12 | |||||
2,912 | *,e | ZIOPHARM Oncology, Inc | 6 | |||||
23,763 | Zoetis Inc | 734 | ||||||
3,161 | * | Zogenix, Inc | 5 | |||||
|
| |||||||
TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 64,431 | |||||||
|
| |||||||
REAL ESTATE - 3.7% | ||||||||
2,427 | Acadia Realty Trust | 60 | ||||||
755 | AG Mortgage Investment Trust | 14 | ||||||
505 | Agree Realty Corp | 15 | ||||||
1,979 | * | Alexander & Baldwin, Inc | 79 | |||||
104 | Alexander’s, Inc | 31 | ||||||
3,234 | Alexandria Real Estate Equities, Inc | 213 | ||||||
1,154 | * | Altisource Residential Corp | 19 | |||||
1,470 | American Assets Trust, Inc | 45 | ||||||
4,716 | American Campus Communities, Inc | 192 | ||||||
18,145 | American Capital Agency Corp | 417 | ||||||
1,755 | American Capital Mortgage, Inc | 32 | ||||||
7,027 | American Realty Capital Properties, Inc | 107 | ||||||
617 | * | American Residential Properties, Inc | 11 | |||||
18,108 | American Tower Corp | 1,325 | ||||||
43,400 | Annaly Capital Management, Inc | 546 | ||||||
6,519 | Anworth Mortgage Asset Corp | 37 | ||||||
6,612 | Apartment Investment & Management Co (Class A) | 199 | ||||||
1,693 | Apollo Commercial Real Estate Finance, Inc | 27 | ||||||
378 | Ares Commercial Real Estate Corp | 5 | ||||||
719 | Armada Hoffler Properties, Inc | 8 | ||||||
17,114 | * | ARMOUR Residential REIT, Inc | 81 | |||||
2,185 | Ashford Hospitality Trust, Inc | 25 | ||||||
2,311 | Associated Estates Realty Corp | 37 | ||||||
454 | * | AV Homes, Inc | 8 | |||||
5,927 | AvalonBay Communities, Inc | 800 | ||||||
531 | Aviv REIT, Inc | 13 | ||||||
8,551 | BioMed Realty Trust, Inc | 173 | ||||||
6,942 | Boston Properties, Inc | 732 | ||||||
7,051 | Brandywine Realty Trust | 95 | ||||||
3,554 | BRE Properties, Inc (Class A) | 178 | ||||||
3,896 | Camden Property Trust | 269 | ||||||
2,582 | Campus Crest Communities, Inc | 30 | ||||||
4,070 | Capital Lease Funding, Inc | 34 | ||||||
4,568 | Capstead Mortgage Corp | 55 | ||||||
7,707 | CBL & Associates Properties, Inc | 165 | ||||||
12,793 | * | CBRE Group, Inc | 299 | |||||
2,712 | Cedar Shopping Centers, Inc | 14 | ||||||
11,388 | * | Chambers Street Properties | 114 | |||||
743 | Chatham Lodging Trust | 13 | ||||||
2,191 | Chesapeake Lodging Trust | 46 | ||||||
45,800 | Chimera Investment Corp | 137 |
33
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
4,044 | Colonial Properties Trust | $ | 98 | |||||
2,212 | Colony Financial, Inc | 44 | ||||||
267 | Consolidated-Tomoka Land Co | 10 | ||||||
958 | Coresite Realty | 30 | ||||||
3,770 | Corporate Office Properties Trust | 96 | ||||||
4,773 | Cousins Properties, Inc | 48 | ||||||
5,967 | CubeSmart | 95 | ||||||
886 | CyrusOne, Inc | 18 | ||||||
6,587 | CYS Investments, Inc | 61 | ||||||
13,100 | DCT Industrial Trust, Inc | 94 | ||||||
12,000 | DDR Corp | 200 | ||||||
8,922 | DiamondRock Hospitality Co | 83 | ||||||
5,887 | Digital Realty Trust, Inc | 359 | ||||||
6,476 | Douglas Emmett, Inc | 162 | ||||||
14,712 | Duke Realty Corp | 229 | ||||||
2,984 | DuPont Fabros Technology, Inc | 72 | ||||||
2,653 | Dynex Capital, Inc | 27 | ||||||
1,377 | EastGroup Properties, Inc | 77 | ||||||
5,215 | Education Realty Trust, Inc | 53 | ||||||
282 | Ellington Residential Mortgage REIT | 5 | ||||||
2,373 | Entertainment Properties Trust | 119 | ||||||
1,906 | Equity Lifestyle Properties, Inc | 150 | ||||||
2,651 | Equity One, Inc | 60 | ||||||
16,472 | Equity Residential | 956 | ||||||
1,723 | Essex Property Trust, Inc | 274 | ||||||
2,196 | Excel Trust, Inc | 28 | ||||||
5,080 | Extra Space Storage, Inc | 213 | ||||||
3,147 | Federal Realty Investment Trust | 326 | ||||||
5,675 | * | FelCor Lodging Trust, Inc | 34 | |||||
4,909 | First Industrial Realty Trust, Inc | 74 | ||||||
2,547 | First Potomac Realty Trust | 33 | ||||||
7,235 | * | Forest City Enterprises, Inc (Class A) | 130 | |||||
1,790 | * | Forestar Real Estate Group, Inc | 36 | |||||
4,124 | Franklin Street Properties Corp | 54 | ||||||
27,223 | General Growth Properties, Inc | 541 | ||||||
1,193 | Getty Realty Corp | 25 | ||||||
498 | Gladstone Commercial Corp | 9 | ||||||
6,781 | Glimcher Realty Trust | 74 | ||||||
2,488 | Government Properties Income Trust | 63 | ||||||
2,207 | * | Gramercy Property Trust, Inc | 10 | |||||
4,525 | Hatteras Financial Corp | 111 | ||||||
20,812 | HCP, Inc | 946 | ||||||
13,031 | Health Care REIT, Inc | 873 | ||||||
4,129 | Healthcare Realty Trust, Inc | 105 | ||||||
4,480 | Healthcare Trust of America, Inc | 50 | ||||||
9,247 | Hersha Hospitality Trust | 52 | ||||||
3,786 | Highwoods Properties, Inc | 135 | ||||||
2,366 | Home Properties, Inc | 155 | ||||||
6,635 | Hospitality Properties Trust | 174 | ||||||
34,098 | Host Marriott Corp | 575 | ||||||
1,731 | * | Howard Hughes Corp | 194 | |||||
5,339 | HRPT Properties Trust | 123 | ||||||
1,893 | Hudson Pacific Properties | 40 | ||||||
4,699 | Inland Real Estate Corp | 48 | ||||||
6,118 | Invesco Mortgage Capital, Inc | 101 | ||||||
4,600 | Investors Real Estate Trust | 40 | ||||||
4,086 | * | iStar Financial, Inc | 46 | |||||
2,081 | Jones Lang LaSalle, Inc | 190 | ||||||
1,790 | Kennedy-Wilson Holdings, Inc | 30 | ||||||
3,459 | Kilroy Realty Corp | 183 | ||||||
19,265 | Kimco Realty Corp | 413 | ||||||
3,606 | Kite Realty Group Trust | 22 | ||||||
4,298 | LaSalle Hotel Properties | 106 |
34
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
7,518 | Lexington Corporate Properties Trust | $ | 88 | |||||
5,246 | Liberty Property Trust | 194 | ||||||
1,589 | LTC Properties, Inc | 62 | ||||||
6,407 | Macerich Co | 391 | ||||||
4,214 | Mack-Cali Realty Corp | 103 | ||||||
2,583 | * | Maguire Properties, Inc | 8 | |||||
6,789 | Medical Properties Trust, Inc | 97 | ||||||
16,597 | MFA Mortgage Investments, Inc | 140 | ||||||
1,993 | Mid-America Apartment Communities, Inc | 135 | ||||||
2,597 | Monmouth Real Estate Investment Corp (Class A) | 26 | ||||||
1,100 | National Health Investors, Inc | 66 | ||||||
5,458 | National Retail Properties, Inc | 188 | ||||||
11,619 | New Residential Investment Corp | 78 | ||||||
1,618 | New York Mortgage Trust, Inc | 11 | ||||||
8,819 | NorthStar Realty Finance Corp | 80 | ||||||
5,328 | Omega Healthcare Investors, Inc | 165 | ||||||
567 | One Liberty Properties, Inc | 12 | ||||||
1,685 | Parkway Properties, Inc | 28 | ||||||
2,708 | Pebblebrook Hotel Trust | 70 | ||||||
3,002 | Pennsylvania Real Estate Investment Trust | 57 | ||||||
2,341 | Pennymac Mortgage Investment Trust | 49 | ||||||
8,573 | Piedmont Office Realty Trust, Inc | 153 | ||||||
7,839 | Plum Creek Timber Co, Inc | 366 | ||||||
2,497 | Post Properties, Inc | 124 | ||||||
2,094 | Potlatch Corp | 85 | ||||||
22,814 | Prologis, Inc | 861 | ||||||
903 | PS Business Parks, Inc | 65 | ||||||
6,686 | Public Storage, Inc | 1,025 | ||||||
2,773 | RAIT Investment Trust | 21 | ||||||
2,750 | Ramco-Gershenson Properties | 43 | ||||||
5,944 | Rayonier, Inc | 329 | ||||||
5,466 | * | Realogy Holdings Corp | 263 | |||||
8,997 | Realty Income Corp | 377 | ||||||
3,754 | Redwood Trust, Inc | 64 | ||||||
4,546 | Regency Centers Corp | 231 | ||||||
5,774 | Resource Capital Corp | 36 | ||||||
2,782 | Retail Opportunities Investment Corp | 39 | ||||||
5,469 | Retail Properties of America, Inc | 78 | ||||||
5,656 | RLJ Lodging Trust | 127 | ||||||
1,067 | Rouse Properties, Inc | 21 | ||||||
1,532 | Ryman Hospitality Properties | 60 | ||||||
1,780 | Sabra Healthcare REIT, Inc | 46 | ||||||
330 | Saul Centers, Inc | 15 | ||||||
786 | Select Income REIT | 22 | ||||||
8,612 | Senior Housing Properties Trust | 223 | ||||||
704 | Silver Bay Realty Trust Corp | 12 | ||||||
14,262 | Simon Property Group, Inc | 2,252 | ||||||
4,148 | SL Green Realty Corp | 366 | ||||||
1,406 | Sovran Self Storage, Inc | 91 | ||||||
2,486 | Spirit Realty Capital, Inc | 44 | ||||||
3,037 | *,e | St. Joe Co | 64 | |||||
1,930 | STAG Industrial, Inc | 39 | ||||||
7,622 | Starwood Property Trust, Inc | 189 | ||||||
8,376 | * | Strategic Hotels & Resorts, Inc | 74 | |||||
3,003 | Summit Hotel Properties, Inc | 28 | ||||||
1,647 | Sun Communities, Inc | 82 | ||||||
7,277 | * | Sunstone Hotel Investors, Inc | 88 | |||||
4,466 | Tanger Factory Outlet Centers, Inc | 149 | ||||||
2,937 | Taubman Centers, Inc | 221 | ||||||
790 | * | Tejon Ranch Co | 23 | |||||
540 | Terreno Realty Corp | 10 | ||||||
1,552 | Thomas Properties Group, Inc | 8 | ||||||
16,078 | Two Harbors Investment Corp | 165 |
35
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
11,759 | UDR, Inc | $ | 300 | |||||
507 | UMH Properties, Inc | 5 | ||||||
575 | Universal Health Realty Income Trust | 25 | ||||||
1,407 | Urstadt Biddle Properties, Inc (Class A) | 28 | ||||||
13,398 | Ventas, Inc | 931 | ||||||
8,538 | Vornado Realty Trust | 707 | ||||||
3,060 | Washington Real Estate Investment Trust | 82 | ||||||
5,688 | Weingarten Realty Investors | 175 | ||||||
560 | Western Asset Mortgage Capital Corp | 10 | ||||||
25,220 | Weyerhaeuser Co | 719 | ||||||
490 | Whitestone REIT | 8 | ||||||
1,412 | Winthrop Realty Trust | 17 | ||||||
2,631 | WP Carey, Inc | 174 | ||||||
|
| |||||||
TOTAL REAL ESTATE | 30,290 | |||||||
|
| |||||||
RETAILING - 4.4% | ||||||||
1,264 | * | 1-800-FLOWERS.COM, Inc (Class A) | 8 | |||||
3,462 | Aaron’s, Inc | 97 | ||||||
3,583 | Abercrombie & Fitch Co (Class A) | 162 | ||||||
3,368 | Advance Auto Parts, Inc | 273 | ||||||
3,935 | * | Aeropostale, Inc | 54 | |||||
16,836 | * | Amazon.com, Inc | 4,675 | |||||
8,838 | American Eagle Outfitters, Inc | 161 | ||||||
367 | * | America’s Car-Mart, Inc | 16 | |||||
2,149 | * | Ann Taylor Stores Corp | 71 | |||||
1,365 | * | Asbury Automotive Group, Inc | 55 | |||||
5,511 | * | Ascena Retail Group, Inc | 96 | |||||
857 | * | Audiovox Corp (Class A) | 11 | |||||
2,213 | * | Autonation, Inc | 96 | |||||
1,624 | * | Autozone, Inc | 688 | |||||
1,708 | * | Barnes & Noble, Inc | 27 | |||||
1,533 | Bebe Stores, Inc | 9 | ||||||
10,060 | * | Bed Bath & Beyond, Inc | 713 | |||||
12,487 | Best Buy Co, Inc | 341 | ||||||
824 | Big 5 Sporting Goods Corp | 18 | ||||||
2,673 | * | Big Lots, Inc | 84 | |||||
645 | * | Blue Nile, Inc | 24 | |||||
578 | * | Body Central Corp | 8 | |||||
447 | e | Bon-Ton Stores, Inc | 8 | |||||
1,976 | Brown Shoe Co, Inc | 43 | ||||||
1,313 | e | Buckle, Inc | 68 | |||||
2,171 | * | Cabela’s, Inc | 141 | |||||
10,278 | * | Carmax, Inc | 474 | |||||
966 | Cato Corp (Class A) | 24 | ||||||
7,426 | Chico’s FAS, Inc | 127 | ||||||
1,035 | * | Children’s Place Retail Stores, Inc | 57 | |||||
836 | * | Citi Trends, Inc | 12 | |||||
1,025 | *,e | Conn’s, Inc | 53 | |||||
527 | Core-Mark Holding Co, Inc | 33 | ||||||
2,858 | *,e | CST Brands, Inc | 88 | |||||
632 | Destination Maternity Corp | 16 | ||||||
2,260 | * | Destination XL Group, Inc | 14 | |||||
4,508 | Dick’s Sporting Goods, Inc | 226 | ||||||
1,232 | Dillard’s, Inc (Class A) | 101 | ||||||
14,898 | * | Dollar General Corp | 751 | |||||
10,336 | * | Dollar Tree, Inc | 525 | |||||
1,596 | DSW, Inc (Class A) | 117 | ||||||
4,882 | Expedia, Inc | 294 | ||||||
4,341 | * | Express Parent LLC | 91 | |||||
4,415 | Family Dollar Stores, Inc | 275 | ||||||
2,244 | Finish Line, Inc (Class A) | 49 | ||||||
1,207 | *,e | Five Below, Inc | 44 |
36
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
6,890 | Foot Locker, Inc | $ | 242 | |||||
2,024 | *,e | Francesca’s Holdings Corp | 56 | |||||
1,790 | Fred’s, Inc (Class A) | 28 | ||||||
5,448 | e | GameStop Corp (Class A) | 229 | |||||
12,777 | Gap, Inc | 533 | ||||||
1,189 | * | Genesco, Inc | 80 | |||||
7,196 | Genuine Parts Co | 562 | ||||||
4,406 | GNC Holdings, Inc | 195 | ||||||
410 | * | Gordmans Stores, Inc | 6 | |||||
1,038 | Group 1 Automotive, Inc | 67 | ||||||
18,747 | *,e | Groupon, Inc | 159 | |||||
2,720 | Guess?, Inc | 84 | ||||||
983 | Haverty Furniture Cos, Inc | 23 | ||||||
626 | *,e | HHgregg, Inc | 10 | |||||
1,197 | *,e | Hibbett Sports, Inc | 66 | |||||
67,034 | Home Depot, Inc | 5,193 | ||||||
2,580 | *,e | HomeAway, Inc | 83 | |||||
1,648 | HSN, Inc | 89 | ||||||
7,757 | *,e | JC Penney Co, Inc | 132 | |||||
1,273 | *,e | JOS A Bank Clothiers, Inc | 53 | |||||
705 | * | Kirkland’s, Inc | 12 | |||||
10,160 | Kohl’s Corp | 513 | ||||||
10,941 | L Brands, Inc | 539 | ||||||
24,269 | * | Liberty Media Holding Corp (Interactive A) | 558 | |||||
1,684 | * | Liberty Ventures | 143 | |||||
1,015 | Lithia Motors, Inc (Class A) | 54 | ||||||
13,758 | * | LKQ Corp | 354 | |||||
49,840 | Lowe’s Companies, Inc | 2,038 | ||||||
1,262 | * | Lumber Liquidators, Inc | 98 | |||||
17,562 | Macy’s, Inc | 843 | ||||||
1,129 | * | MarineMax, Inc | 13 | |||||
534 | *,e | Mattress Firm Holding Corp | 22 | |||||
2,308 | Men’s Wearhouse, Inc | 87 | ||||||
1,383 | e | Monro Muffler, Inc | 66 | |||||
2,301 | * | NetFlix, Inc | 486 | |||||
888 | * | New York & Co, Inc | 6 | |||||
6,641 | Nordstrom, Inc | 398 | ||||||
1,665 | Nutri/System, Inc | 20 | ||||||
10,992 | *,e | Office Depot, Inc | 43 | |||||
3,821 | e | OfficeMax, Inc | 39 | |||||
1,309 | *,e | Orbitz Worldwide, Inc | 11 | |||||
5,080 | * | O’Reilly Automotive, Inc | 572 | |||||
567 | * | Overstock.com, Inc | 16 | |||||
1,931 | Penske Auto Group, Inc | 59 | ||||||
2,583 | * | PEP Boys - Manny Moe & Jack | 30 | |||||
1,182 | e | PetMed Express, Inc | 15 | |||||
4,720 | Petsmart, Inc | 316 | ||||||
4,307 | Pier 1 Imports, Inc | 101 | ||||||
2,360 | * | Priceline.com, Inc | 1,952 | |||||
5,358 | *,e | RadioShack Corp | 17 | |||||
2,636 | Rent-A-Center, Inc | 99 | ||||||
809 | * | Restoration Hardware Holdings, Inc | 61 | |||||
10,068 | Ross Stores, Inc | 653 | ||||||
679 | * | Rue21, Inc | 28 | |||||
4,759 | *,e | Saks, Inc | 65 | |||||
7,565 | * | Sally Beauty Holdings, Inc | 235 | |||||
1,774 | *,e | Sears Holdings Corp | 75 | |||||
55 | * | Sears Hometown and Outlet Stores, Inc | 2 | |||||
2,535 | * | Select Comfort Corp | 64 | |||||
775 | Shoe Carnival, Inc | 19 | ||||||
1,725 | * | Shutterfly, Inc | 96 | |||||
3,767 | Signet Jewelers Ltd | 254 | ||||||
1,782 | Sonic Automotive, Inc (Class A) | 38 |
37
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,474 | Stage Stores, Inc | $ | 35 | |||||
30,802 | Staples, Inc | 489 | ||||||
1,440 | Stein Mart, Inc | 20 | ||||||
461 | Systemax, Inc | 4 | ||||||
29,385 | Target Corp | 2,023 | ||||||
5,110 | Tiffany & Co | 372 | ||||||
834 | * | Tile Shop Holdings, Inc | 24 | |||||
432 | * | Tilly’s, Inc | 7 | |||||
32,958 | TJX Companies, Inc | 1,650 | ||||||
3,268 | Tractor Supply Co | 384 | ||||||
5,137 | * | TripAdvisor, Inc | 313 | |||||
1,789 | * | Tuesday Morning Corp | 19 | |||||
2,921 | Ulta Salon Cosmetics & Fragrance, Inc | 293 | ||||||
4,798 | * | Urban Outfitters, Inc | 193 | |||||
1,789 | * | Valuevision International, Inc (Class A) | 9 | |||||
1,052 | *,e | Vitacost.com, Inc | 9 | |||||
1,434 | * | Vitamin Shoppe, Inc | 64 | |||||
640 | * | West Marine, Inc | 7 | |||||
5,043 | * | Wet Seal, Inc (Class A) | 24 | |||||
1,736 | * | WEX, Inc | 133 | |||||
4,468 | Williams-Sonoma, Inc | 250 | ||||||
133 | Winmark Corp | 9 | ||||||
1,336 | * | Zale Corp | 12 | |||||
1,062 | * | Zumiez, Inc | 31 | |||||
|
| |||||||
TOTAL RETAILING | 36,692 | |||||||
|
| |||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.2% | ||||||||
1,955 | * | Advanced Energy Industries, Inc | 34 | |||||
27,659 | *,e | Advanced Micro Devices, Inc | 113 | |||||
844 | * | Alpha & Omega Semiconductor Ltd | 6 | |||||
14,650 | Altera Corp | 483 | ||||||
834 | * | Ambarella, Inc | 14 | |||||
2,929 | * | Amkor Technology, Inc | 12 | |||||
3,097 | * | Anadigics, Inc | 7 | |||||
13,788 | Analog Devices, Inc | 621 | ||||||
55,002 | Applied Materials, Inc | 820 | ||||||
3,650 | * | Applied Micro Circuits Corp | 32 | |||||
19,968 | * | Atmel Corp | 147 | |||||
1,604 | * | ATMI, Inc | 38 | |||||
11,265 | Avago Technologies Ltd | 421 | ||||||
5,359 | * | Axcelis Technologies, Inc | 10 | |||||
25,584 | Broadcom Corp (Class A) | 864 | ||||||
3,308 | Brooks Automation, Inc | 32 | ||||||
1,066 | Cabot Microelectronics Corp | 35 | ||||||
2,349 | * | Cavium Networks, Inc | 83 | |||||
1,137 | * | Ceva, Inc | 22 | |||||
2,833 | *,e | Cirrus Logic, Inc | 49 | |||||
1,302 | Cohu, Inc | 16 | ||||||
5,075 | * | Cree, Inc | 324 | |||||
6,863 | e | Cypress Semiconductor Corp | 74 | |||||
1,810 | * | Diodes, Inc | 47 | |||||
1,224 | * | DSP Group, Inc | 10 | |||||
6,714 | * | Entegris, Inc | 63 | |||||
4,315 | * | Entropic Communications, Inc | 18 | |||||
2,381 | * | Exar Corp | 26 | |||||
5,825 | * | Fairchild Semiconductor International, Inc | 80 | |||||
2,736 | *,e | First Solar, Inc | 122 | |||||
2,618 | * | Formfactor, Inc | 18 | |||||
2,583 | *,e | Freescale Semiconductor Holdings Ltd | 35 | |||||
1,030 | * | GSI Technology, Inc | 7 | |||||
5,512 | *,e | GT Solar International, Inc | 23 | |||||
1,461 | * | Hittite Microwave Corp | 85 |
38
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,024 | * | Inphi Corp | $ | 11 | ||||
6,477 | * | Integrated Device Technology, Inc | 51 | |||||
1,216 | * | Integrated Silicon Solution, Inc | 13 | |||||
227,613 | Intel Corp | 5,513 | ||||||
643 | * | Intermolecular, Inc | 5 | |||||
3,305 | * | International Rectifier Corp | 69 | |||||
6,580 | Intersil Corp (Class A) | 51 | ||||||
1,231 | IXYS Corp | 14 | ||||||
7,603 | Kla-Tencor Corp | 424 | ||||||
3,559 | * | Kopin Corp | 13 | |||||
7,445 | * | Lam Research Corp | 330 | |||||
5,950 | * | Lattice Semiconductor Corp | 30 | |||||
10,654 | Linear Technology Corp | 392 | ||||||
25,784 | * | LSI Logic Corp | 184 | |||||
2,408 | * | LTX-Credence Corp | 14 | |||||
282 | * | MA-COM Technology Solutions | 4 | |||||
18,058 | Marvell Technology Group Ltd | 211 | ||||||
13,341 | Maxim Integrated Products, Inc | 371 | ||||||
1,067 | * | MaxLinear, Inc | 7 | |||||
2,455 | Micrel, Inc | 24 | ||||||
9,026 | Microchip Technology, Inc | 336 | ||||||
47,149 | * | Micron Technology, Inc | 676 | |||||
4,299 | * | Microsemi Corp | 98 | |||||
1,664 | *,e | Mindspeed Technologies, Inc | 5 | |||||
2,438 | MKS Instruments, Inc | 65 | ||||||
1,520 | Monolithic Power Systems, Inc | 37 | ||||||
1,391 | * | MoSys, Inc | 6 | |||||
1,014 | * | Nanometrics, Inc | 15 | |||||
1,019 | * | NeoPhotonics Corp Ltd | 9 | |||||
258 | * | NVE Corp | 12 | |||||
26,490 | Nvidia Corp | 372 | ||||||
2,460 | * | Omnivision Technologies, Inc | 46 | |||||
20,679 | * | ON Semiconductor Corp | 167 | |||||
1,181 | * | PDF Solutions, Inc | 22 | |||||
1,211 | * | Peregrine Semiconductor Corp | 13 | |||||
1,447 | * | Pericom Semiconductor Corp | 10 | |||||
2,703 | * | Photronics, Inc | 22 | |||||
1,628 | * | PLX Technology, Inc | 8 | |||||
9,550 | * | PMC - Sierra, Inc | 61 | |||||
1,292 | Power Integrations, Inc | 52 | ||||||
5,356 | * | Rambus, Inc | 46 | |||||
12,804 | * | RF Micro Devices, Inc | 69 | |||||
782 | *,e | Rubicon Technology, Inc | 6 | |||||
1,464 | * | Rudolph Technologies, Inc | 16 | |||||
3,192 | * | Semtech Corp | 112 | |||||
1,525 | * | Sigma Designs, Inc | 8 | |||||
4,055 | * | Silicon Image, Inc | 24 | |||||
1,948 | * | Silicon Laboratories, Inc | 81 | |||||
8,726 | * | Skyworks Solutions, Inc | 191 | |||||
2,245 | * | Spansion, Inc | 28 | |||||
10,399 | * | SunEdison, Inc | 85 | |||||
1,881 | *,e | SunPower Corp | 39 | |||||
493 | Supertex, Inc | 12 | ||||||
8,744 | * | Teradyne, Inc | 154 | |||||
2,606 | Tessera Technologies, Inc | 54 | ||||||
50,782 | Texas Instruments, Inc | 1,771 | ||||||
7,513 | * | Triquint Semiconductor, Inc | 52 | |||||
928 | * | Ultra Clean Holdings | 6 | |||||
1,279 | * | Ultratech, Inc | 47 | |||||
1,796 | *,e | Veeco Instruments, Inc | 64 | |||||
1,235 | * | Volterra Semiconductor Corp | 17 | |||||
12,090 | Xilinx, Inc | 479 | ||||||
|
| |||||||
TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 17,915 | |||||||
|
|
39
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
SOFTWARE & SERVICES - 9.6% | ||||||||
2,523 | * | Accelrys, Inc | $ | 21 | ||||
29,428 | Accenture plc | 2,118 | ||||||
1,829 | * | ACI Worldwide, Inc | 85 | |||||
2,363 | * | Active Network, Inc | 18 | |||||
19,562 | Activision Blizzard, Inc | 279 | ||||||
2,448 | * | Actuate Corp | 16 | |||||
3,603 | * | Acxiom Corp | 82 | |||||
23,041 | * | Adobe Systems, Inc | 1,050 | |||||
1,562 | * | Advent Software, Inc | 55 | |||||
8,200 | * | Akamai Technologies, Inc | 349 | |||||
2,276 | * | Alliance Data Systems Corp | 412 | |||||
7,726 | Amdocs Ltd | 287 | ||||||
764 | American Software, Inc (Class A) | 7 | ||||||
1,936 | * | Angie’s List, Inc | 51 | |||||
4,300 | * | Ansys, Inc | 314 | |||||
3,546 | AOL, Inc | 129 | ||||||
4,286 | * | Aspen Technology, Inc | 123 | |||||
10,341 | * | Autodesk, Inc | 351 | |||||
22,217 | Automatic Data Processing, Inc | 1,530 | ||||||
911 | * | AVG Technologies NV | 18 | |||||
2,248 | *,e | Bankrate, Inc | 32 | |||||
2,221 | * | Bazaarvoice, Inc | 21 | |||||
2,324 | Blackbaud, Inc | 76 | ||||||
516 | * | Blackhawk Network Holdings, Inc | 12 | |||||
2,003 | * | Blucora, Inc | 37 | |||||
6,592 | * | BMC Software, Inc | 298 | |||||
1,405 | Booz Allen Hamilton Holding Co | 24 | ||||||
1,713 | * | Bottomline Technologies, Inc | 43 | |||||
1,247 | * | Brightcove, Inc | 11 | |||||
5,554 | Broadridge Financial Solutions, Inc | 148 | ||||||
1,345 | * | BroadSoft, Inc | 37 | |||||
15,216 | CA, Inc | 436 | ||||||
1,058 | *,e | CACI International, Inc (Class A) | 67 | |||||
13,010 | * | Cadence Design Systems, Inc | 188 | |||||
1,555 | *,e | Callidus Software, Inc | 10 | |||||
540 | *,e | Carbonite, Inc | 7 | |||||
2,159 | * | Cardtronics, Inc | 60 | |||||
480 | Cass Information Systems, Inc | 22 | ||||||
246 | * | ChannelAdvisor Corp | 4 | |||||
3,700 | * | Ciber, Inc | 12 | |||||
8,610 | * | Citrix Systems, Inc | 519 | |||||
643 | *,m | Clinical Data, Inc | 1 | |||||
13,812 | * | Cognizant Technology Solutions Corp (Class A) | 865 | |||||
2,159 | * | Commvault Systems, Inc | 164 | |||||
6,876 | Computer Sciences Corp | 301 | ||||||
760 | Computer Task Group, Inc | 17 | ||||||
9,466 | Compuware Corp | 98 | ||||||
1,622 | * | comScore, Inc | 40 | |||||
1,059 | * | Comverse, Inc | 32 | |||||
2,134 | *,e | Concur Technologies, Inc | 174 | |||||
1,503 | *,e | Constant Contact, Inc | 24 | |||||
5,243 | Convergys Corp | 91 | ||||||
1,851 | * | Cornerstone OnDemand, Inc | 80 | |||||
1,288 | * | CoStar Group, Inc | 166 | |||||
1,795 | * | CSG Systems International, Inc | 39 | |||||
331 | * | Cyan, Inc | 3 | |||||
2,053 | * | DealerTrack Holdings, Inc | 73 | |||||
1,448 | * | Demand Media, Inc | 9 | |||||
662 | *,e | Demandware, Inc | 28 | |||||
1,843 | * | Dice Holdings, Inc | 17 | |||||
1,607 | * | Digital River, Inc | 30 | |||||
335 | DMRC Corp | 7 |
40
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,549 | DST Systems, Inc | $ | 101 | |||||
664 | * | E2open, Inc | 12 | |||||
4,694 | Earthlink, Inc | 29 | ||||||
59,422 | * | eBay, Inc | 3,073 | |||||
316 | * | eGain Corp | 3 | |||||
14,001 | * | Electronic Arts, Inc | 322 | |||||
1,070 | * | Ellie Mae, Inc | 25 | |||||
993 | * | Envestnet, Inc | 24 | |||||
939 | * | EPAM Systems, Inc | 26 | |||||
1,587 | EPIQ Systems, Inc | 21 | ||||||
206 | ePlus, Inc | 12 | ||||||
2,259 | * | Equinix, Inc | 417 | |||||
2,584 | * | Euronet Worldwide, Inc | 82 | |||||
1,354 | * | EVERTEC, Inc | 30 | |||||
1,964 | * | ExactTarget, Inc | 66 | |||||
1,501 | * | ExlService Holdings, Inc | 44 | |||||
78,002 | * | Facebook, Inc | 1,939 | |||||
2,009 | e | Factset Research Systems, Inc | 205 | |||||
1,607 | Fair Isaac Corp | 74 | ||||||
11,286 | Fidelity National Information Services, Inc | 483 | ||||||
4,265 | * | First American Corp | 99 | |||||
6,233 | * | Fiserv, Inc | 545 | |||||
3,111 | * | FleetCor Technologies, Inc | 253 | |||||
751 | * | FleetMatics Group plc | 25 | |||||
573 | Forrester Research, Inc | 21 | ||||||
6,352 | * | Fortinet, Inc | 111 | |||||
4,427 | * | Gartner, Inc | 252 | |||||
7,713 | Genpact Ltd | 148 | ||||||
1,221 | *,m | Gerber Scientific, Inc | 0 | ^ | ||||
2,712 | * | Global Cash Access, Inc | 17 | |||||
983 | * | Global Eagle Entertainment, Inc | 10 | |||||
3,638 | Global Payments, Inc | 169 | ||||||
2,157 | *,e | Glu Mobile, Inc | 5 | |||||
12,348 | * | Google, Inc (Class A) | 10,871 | |||||
680 | * | Guidance Software, Inc | 6 | |||||
1,834 | * | Guidewire Software, Inc | 77 | |||||
1,547 | Hackett Group, Inc | 8 | ||||||
1,893 | e | Heartland Payment Systems, Inc | 71 | |||||
1,560 | *,e | Higher One Holdings, Inc | 18 | |||||
3,483 | IAC/InterActiveCorp | 166 | ||||||
1,449 | * | iGate Corp | 24 | |||||
894 | * | Imperva, Inc | 40 | |||||
2,288 | * | Infoblox, Inc | 67 | |||||
4,979 | * | Informatica Corp | 174 | |||||
766 | * | Interactive Intelligence, Inc | 40 | |||||
3,256 | * | Internap Network Services Corp | 27 | |||||
47,669 | International Business Machines Corp | 9,110 | ||||||
13,594 | Intuit, Inc | 830 | ||||||
2,215 | e | j2 Global, Inc | 94 | |||||
3,917 | Jack Henry & Associates, Inc | 185 | ||||||
1,823 | *,e | Jive Software, Inc | 33 | |||||
941 | Keynote Systems, Inc | 19 | ||||||
1,403 | * | Knot, Inc | 16 | |||||
4,002 | Lender Processing Services, Inc | 129 | ||||||
3,363 | * | Limelight Networks, Inc | 8 | |||||
4,137 | * | LinkedIn Corp | 738 | |||||
3,304 | * | Lionbridge Technologies | 10 | |||||
1,143 | *,e | Liquidity Services, Inc | 40 | |||||
2,686 | * | Liveperson, Inc | 24 | |||||
1,024 | * | LogMeIn, Inc | 25 | |||||
716 | * | magicJack VocalTec Ltd | 10 | |||||
887 | * | Manhattan Associates, Inc | 68 | |||||
1,171 | e | Mantech International Corp (Class A) | 31 |
41
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,311 | Marchex, Inc (Class B) | $ | 8 | |||||
397 | * | Marin Software, Inc | 4 | |||||
1,092 | * | Market Leader, Inc | 12 | |||||
335 | * | Marketo, Inc | 8 | |||||
5,351 | Mastercard, Inc (Class A) | 3,074 | ||||||
1,559 | MAXIMUS, Inc | 116 | ||||||
4,392 | Mentor Graphics Corp | 86 | ||||||
3,548 | *,e | Micros Systems, Inc | 153 | |||||
381,020 | Microsoft Corp | 13,157 | ||||||
425 | * | MicroStrategy, Inc (Class A) | 37 | |||||
1,497 | *,e | Millennial Media, Inc | 13 | |||||
704 | * | Mitek Systems, Inc | 4 | |||||
304 | * | Model N, Inc | 7 | |||||
2,352 | * | ModusLink Global Solutions, Inc | 7 | |||||
1,065 | * | MoneyGram International, Inc | 24 | |||||
1,800 | Monotype Imaging Holdings, Inc | 46 | ||||||
5,128 | * | Monster Worldwide, Inc | 25 | |||||
2,146 | * | Move, Inc | 28 | |||||
1,792 | * | Netscout Systems, Inc | 42 | |||||
1,600 | * | NetSuite, Inc | 147 | |||||
3,278 | * | NeuStar, Inc (Class A) | 160 | |||||
2,981 | NIC, Inc | 49 | ||||||
11,833 | * | Nuance Communications, Inc | 217 | |||||
1,047 | *,e | OpenTable, Inc | 67 | |||||
162,785 | Oracle Corp | 5,001 | ||||||
5,911 | *,e | Pandora Media, Inc | 109 | |||||
14,848 | Paychex, Inc | 542 | ||||||
792 | Pegasystems, Inc | 26 | ||||||
1,536 | * | Perficient, Inc | 20 | |||||
2,014 | * | Planet Payment, Inc | 6 | |||||
958 | * | PRG-Schultz International, Inc | 5 | |||||
2,541 | * | Progress Software Corp | 58 | |||||
985 | * | Proofpoint, Inc | 24 | |||||
1,099 | * | PROS Holdings, Inc | 33 | |||||
5,492 | * | PTC, Inc | 135 | |||||
400 | QAD, Inc (Class A) | 5 | ||||||
3,971 | * | QLIK Technologies, Inc | 112 | |||||
700 | * | Qualys, Inc | 11 | |||||
1,192 | * | QuinStreet, Inc | 10 | |||||
5,171 | * | Rackspace Hosting, Inc | 196 | |||||
325 | * | Rally Software Development Corp | 8 | |||||
1,085 | RealNetworks, Inc | 8 | ||||||
2,115 | *,e | RealPage, Inc | 39 | |||||
8,690 | * | Red Hat, Inc | 416 | |||||
393 | * | Reis, Inc | 7 | |||||
1,734 | * | Responsys, Inc | 25 | |||||
560 | * | Rosetta Stone, Inc | 8 | |||||
4,739 | * | Rovi Corp | 108 | |||||
13,380 | SAIC, Inc | 186 | ||||||
27,010 | * | Salesforce.com, Inc | 1,031 | |||||
594 | Sapiens International Corp NV | 3 | ||||||
5,190 | Sapient Corp | 68 | ||||||
1,059 | * | Sciquest, Inc | 27 | |||||
1,446 | * | Seachange International, Inc | 17 | |||||
3,587 | *,e | ServiceNow, Inc | 145 | |||||
2,827 | * | ServiceSource International LLC | 26 | |||||
341 | * | Shutterstock, Inc | 19 | |||||
256 | * | Silver Spring Networks, Inc | 6 | |||||
2,993 | * | SolarWinds, Inc | 116 | |||||
3,154 | Solera Holdings, Inc | 176 | ||||||
1,445 | * | Sourcefire, Inc | 80 | |||||
738 | * | Spark Networks, Inc | 6 | |||||
4,690 | * | Splunk, Inc | 217 |
42
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
690 | * | SPS Commerce, Inc | $ | 38 | ||||
2,660 | * | SS&C Technologies Holdings, Inc | 88 | |||||
595 | * | Stamps.com, Inc | 23 | |||||
2,697 | * | SupportSoft, Inc | 12 | |||||
1,911 | * | SYKES Enterprises, Inc | 30 | |||||
31,895 | Symantec Corp | 717 | ||||||
1,334 | * | Synchronoss Technologies, Inc | 41 | |||||
7,043 | * | Synopsys, Inc | 252 | |||||
744 | Syntel, Inc | 47 | ||||||
1,633 | * | TA Indigo Holding Corp | 12 | |||||
431 | * | Tableau Software, Inc | 24 | |||||
3,743 | * | Take-Two Interactive Software, Inc | 56 | |||||
1,464 | * | Tangoe, Inc | 23 | |||||
598 | * | TechTarget, Inc | 3 | |||||
834 | * | TeleNav, Inc | 4 | |||||
922 | * | TeleTech Holdings, Inc | 22 | |||||
7,640 | * | Teradata Corp | 384 | |||||
7,528 | * | TIBCO Software, Inc | 161 | |||||
5,735 | * | TiVo, Inc | 63 | |||||
7,492 | Total System Services, Inc | 183 | ||||||
285 | * | Travelzoo, Inc | 8 | |||||
1,105 | * | Trulia, Inc | 34 | |||||
1,414 | * | Tyler Technologies, Inc | 97 | |||||
1,265 | * | Ultimate Software Group, Inc | 148 | |||||
2,160 | * | Unisys Corp | 48 | |||||
4,557 | United Online, Inc | 35 | ||||||
4,315 | * | Unwired Planet, Inc | 8 | |||||
3,507 | * | Valueclick, Inc | 87 | |||||
3,993 | * | Vantiv, Inc | 110 | |||||
1,577 | * | Vasco Data Security International | 13 | |||||
5,078 | * | VeriFone Systems, Inc | 85 | |||||
2,204 | * | Verint Systems, Inc | 78 | |||||
6,533 | * | VeriSign, Inc | 292 | |||||
2,063 | *,e | VirnetX Holding Corp | 41 | |||||
924 | * | Virtusa Corp | 20 | |||||
24,073 | Visa, Inc (Class A) | 4,399 | ||||||
1,503 | *,e | VistaPrint Ltd | 74 | |||||
3,910 | * | VMware, Inc (Class A) | 262 | |||||
792 | * | Vocus, Inc | 8 | |||||
2,387 | * | Vringo, Inc | 8 | |||||
1,628 | * | WebMD Health Corp (Class A) | 48 | |||||
1,887 | * | Website Pros, Inc | 48 | |||||
26,169 | Western Union Co | 448 | ||||||
1,695 | * | Workday, Inc | 109 | |||||
320 | * | Xoom Corp | 7 | |||||
43,472 | * | Yahoo!, Inc | 1,092 | |||||
1,351 | * | Yelp, Inc | 47 | |||||
948 | *,e | Zillow, Inc | 53 | |||||
3,311 | * | Zix Corp | 14 | |||||
26,749 | *,e | Zynga, Inc | 74 | |||||
|
| |||||||
TOTAL SOFTWARE & SERVICES | 79,724 | |||||||
|
| |||||||
TECHNOLOGY HARDWARE & EQUIPMENT - 5.4% | ||||||||
4,609 | *,e | 3D Systems Corp | 202 | |||||
2,898 | e | Adtran, Inc | 71 | |||||
1,059 | * | Agilysys, Inc | 12 | |||||
274 | Alliance Fiber Optic Products, Inc | 5 | ||||||
7,323 | Amphenol Corp (Class A) | 571 | ||||||
640 | * | Anaren, Inc | 15 | |||||
1,193 | Anixter International, Inc | 90 | ||||||
42,981 | Apple, Inc | 17,024 | ||||||
5,392 | * | ARRIS Group, Inc | 77 | |||||
4,601 | * | Arrow Electronics, Inc | 183 |
43
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
5,242 | * | Aruba Networks, Inc | $ | 81 | ||||
308 | * | Audience, Inc | 4 | |||||
1,355 | * | Avid Technology, Inc | 8 | |||||
6,101 | * | Avnet, Inc | 205 | |||||
1,276 | AVX Corp | 15 | ||||||
995 | * | AX Holding Corp | 8 | |||||
653 | Badger Meter, Inc | 29 | ||||||
674 | Bel Fuse, Inc (Class B) | 9 | ||||||
2,053 | * | Benchmark Electronics, Inc | 41 | |||||
755 | Black Box Corp | 19 | ||||||
20,361 | * | Brocade Communications Systems, Inc | 117 | |||||
1,369 | * | CalAmp Corp | 20 | |||||
1,907 | * | Calix Networks, Inc | 19 | |||||
1,874 | * | Checkpoint Systems, Inc | 27 | |||||
4,653 | * | Ciena Corp | 90 | |||||
244,713 | Cisco Systems, Inc | 5,949 | ||||||
2,099 | Cognex Corp | 95 | ||||||
1,087 | Coherent, Inc | 60 | ||||||
784 | Comtech Telecommunications Corp | 21 | ||||||
67,524 | Corning, Inc | 961 | ||||||
1,943 | * | Cray, Inc | 38 | |||||
1,679 | CTS Corp | 23 | ||||||
2,087 | Daktronics, Inc | 21 | ||||||
708 | * | Datalink Corp | 8 | |||||
57,362 | Dell, Inc | 766 | ||||||
2,915 | Diebold, Inc | 98 | ||||||
1,490 | * | Digi International, Inc | 14 | |||||
2,076 | e | Dolby Laboratories, Inc (Class A) | 69 | |||||
1,102 | * | DTS, Inc | 23 | |||||
1,847 | * | EchoStar Corp (Class A) | 72 | |||||
1,000 | Electro Rent Corp | 17 | ||||||
1,074 | Electro Scientific Industries, Inc | 12 | ||||||
2,122 | * | Electronics for Imaging, Inc | 60 | |||||
96,183 | EMC Corp | 2,272 | ||||||
3,637 | * | Emulex Corp | 24 | |||||
4,537 | * | Extreme Networks, Inc | 16 | |||||
3,611 | * | F5 Networks, Inc | 248 | |||||
1,202 | * | Fabrinet | 17 | |||||
851 | * | FARO Technologies, Inc | 29 | |||||
1,763 | FEI Co | 129 | ||||||
4,415 | *,e | Finisar Corp | 75 | |||||
6,501 | Flir Systems, Inc | 175 | ||||||
3,454 | *,e | Fusion-io, Inc | 49 | |||||
1,197 | * | Globecomm Systems, Inc | 15 | |||||
1,328 | * | GSI Group, Inc | 11 | |||||
5,307 | * | Harmonic, Inc | 34 | |||||
5,023 | Harris Corp | 247 | ||||||
3,340 | * | Harris Stratex Networks, Inc (Class A) | 9 | |||||
89,004 | Hewlett-Packard Co | 2,207 | ||||||
658 | * | Hutchinson Technology, Inc | 3 | |||||
1,552 | * | Imation Corp | 7 | |||||
1,305 | * | Immersion Corp | 17 | |||||
5,305 | *,e | Infinera Corp | 57 | |||||
7,086 | * | Ingram Micro, Inc (Class A) | 135 | |||||
1,984 | * | Insight Enterprises, Inc | 35 | |||||
1,861 | e | InterDigital, Inc | 83 | |||||
2,592 | * | Intermec, Inc | 25 | |||||
2,619 | *,e | InvenSense, Inc | 40 | |||||
1,522 | e | IPG Photonics Corp | 92 | |||||
1,761 | * | Itron, Inc | 75 | |||||
2,593 | * | Ixia | 48 | |||||
8,999 | Jabil Circuit, Inc | 183 | ||||||
10,901 | * | JDS Uniphase Corp | 157 |
44
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
23,184 | * | Juniper Networks, Inc | $ | 448 | ||||
2,177 | * | Kemet Corp | 9 | |||||
758 | * | KVH Industries, Inc | 10 | |||||
2,911 | e | Lexmark International, Inc (Class A) | 89 | |||||
1,051 | Littelfuse, Inc | 78 | ||||||
1,385 | *,e | Maxwell Technologies, Inc | 10 | |||||
742 | * | Measurement Specialties, Inc | 35 | |||||
1,540 | * | Mercury Computer Systems, Inc | 14 | |||||
126 | Mesa Laboratories, Inc | 7 | ||||||
1,672 | Methode Electronics, Inc | 28 | ||||||
6,361 | Molex, Inc | 187 | ||||||
11,089 | Motorola, Inc | 640 | ||||||
731 | MTS Systems Corp | 41 | ||||||
555 | * | Multi-Fineline Electronix, Inc | 8 | |||||
4,414 | National Instruments Corp | 123 | ||||||
7,533 | * | NCR Corp | 249 | |||||
1,120 | *,e | Neonode, Inc | 7 | |||||
16,513 | * | NetApp, Inc | 624 | |||||
1,861 | * | Netgear, Inc | 57 | |||||
1,913 | * | Newport Corp | 27 | |||||
496 | * | Numerex Corp | 6 | |||||
897 | * | Oplink Communications, Inc | 16 | |||||
970 | * | OSI Systems, Inc | 62 | |||||
1,517 | * | Palo Alto Networks, Inc | 64 | |||||
1,164 | Park Electrochemical Corp | 28 | ||||||
3,576 | *,e | Parkervision, Inc | 16 | |||||
430 | PC Connection, Inc | 7 | ||||||
850 | PC-Tel, Inc | 7 | ||||||
2,022 | Plantronics, Inc | 89 | ||||||
1,613 | * | Plexus Corp | 48 | |||||
8,061 | * | Polycom, Inc | 85 | |||||
3,047 | * | Power-One, Inc | 19 | |||||
950 | * | Procera Networks, Inc | 13 | |||||
4,059 | * | QLogic Corp | 39 | |||||
79,123 | Qualcomm, Inc | 4,833 | ||||||
11,444 | * | Quantum Corp | 16 | |||||
1,782 | * | Rackable Systems, Inc | 24 | |||||
1,200 | * | Radisys Corp | 6 | |||||
1,970 | * | RealD, Inc | 27 | |||||
717 | Richardson Electronics Ltd | 8 | ||||||
7,292 | * | Riverbed Technology, Inc | 113 | |||||
1,445 | * | Rofin-Sinar Technologies, Inc | 36 | |||||
790 | * | Rogers Corp | 37 | |||||
1,995 | * | Ruckus Wireless, Inc | 26 | |||||
11,140 | * | SanDisk Corp | 681 | |||||
3,808 | * | Sanmina Corp | 55 | |||||
1,187 | * | Scansource, Inc | 38 | |||||
2,605 | * | ShoreTel, Inc | 10 | |||||
11,025 | * | Sonus Networks, Inc | 33 | |||||
1,545 | *,e | STEC, Inc | 10 | |||||
1,453 | * | Stratasys Ltd | 122 | |||||
1,355 | * | Super Micro Computer, Inc | 14 | |||||
2,360 | * | Symmetricom, Inc | 11 | |||||
1,420 | * | Synaptics, Inc | 55 | |||||
872 | * | SYNNEX Corp | 37 | |||||
1,618 | * | Tech Data Corp | 76 | |||||
17,269 | Tellabs, Inc | 34 | ||||||
247 | Tessco Technologies, Inc | 7 | ||||||
11,800 | * | Trimble Navigation Ltd | 307 | |||||
2,608 | * | TTM Technologies, Inc | 22 | |||||
484 | Ubiquiti Networks, Inc | 8 | ||||||
432 | * | Uni-Pixel, Inc | 6 | |||||
1,939 | *,e | Universal Display Corp | 55 |
45
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
1,815 | * | Viasat, Inc | $ | 130 | ||||
128 | * | Viasystems Group, Inc | 1 | |||||
5,324 | * | Vishay Intertechnology, Inc | 74 | |||||
654 | * | Vishay Precision Group, Inc | 10 | |||||
2,690 | * | Westell Technologies, Inc | 6 | |||||
9,677 | Western Digital Corp | 601 | ||||||
56,234 | Xerox Corp | 510 | ||||||
2,314 | * | Zebra Technologies Corp (Class A) | 101 | |||||
777 | * | Zygo Corp | 12 | |||||
|
| |||||||
TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 45,105 | |||||||
|
| |||||||
TELECOMMUNICATION SERVICES - 2.4% | ||||||||
3,067 | * | 8x8, Inc | 25 | |||||
246,361 | AT&T, Inc | 8,721 | ||||||
490 | Atlantic Tele-Network, Inc | 24 | ||||||
769 | *,e | Boingo Wireless, Inc | 5 | |||||
1,035 | * | Cbeyond Communications, Inc | 8 | |||||
27,886 | CenturyTel, Inc | 986 | ||||||
10,048 | * | Cincinnati Bell, Inc | 31 | |||||
25,291 | * | Clearwire Corp (Class A) | 126 | |||||
2,196 | Cogent Communications Group, Inc | 62 | ||||||
1,753 | Consolidated Communications Holdings, Inc | 31 | ||||||
13,453 | * | Crown Castle International Corp | 974 | |||||
1,092 | *,e | Fairpoint Communications, Inc | 9 | |||||
45,641 | e | Frontier Communications Corp | 185 | |||||
1,464 | * | General Communication, Inc (Class A) | 11 | |||||
705 | HickoryTech Corp | 8 | ||||||
609 | IDT Corp (Class B) | 11 | ||||||
2,355 | * | inContact, Inc | 19 | |||||
1,751 | Inteliquent, Inc | 10 | ||||||
886 | * | Intelsat S.A. | 18 | |||||
2,990 | *,e | Iridium Communications, Inc | 23 | |||||
3,167 | *,e | Leap Wireless International, Inc | 21 | |||||
7,503 | * | Level 3 Communications, Inc | 158 | |||||
757 | Lumos Networks Corp | 13 | ||||||
7,870 | *,e | NII Holdings, Inc (Class B) | 53 | |||||
757 | NTELOS Holdings Corp | 12 | ||||||
1,760 | * | Orbcomm, Inc | 8 | |||||
2,509 | * | Premiere Global Services, Inc | 30 | |||||
586 | Primus Telecommunications Group, Inc | 7 | ||||||
5,889 | * | SBA Communications Corp (Class A) | 437 | |||||
1,093 | Shenandoah Telecom Co | 18 | ||||||
111,721 | * | Sprint Nextel Corp | 784 | |||||
4,484 | Telephone & Data Systems, Inc | 111 | ||||||
7,019 | T-Mobile US, Inc | 174 | ||||||
1,746 | *,e | Towerstream Corp | 4 | |||||
6,812 | * | tw telecom inc (Class A) | 192 | |||||
580 | US Cellular Corp | 21 | ||||||
1,177 | USA Mobility, Inc | 16 | ||||||
131,014 | Verizon Communications, Inc | 6,595 | ||||||
7,062 | * | Vonage Holdings Corp | 20 | |||||
27,433 | e | Windstream Corp | 212 | |||||
|
| |||||||
TOTAL TELECOMMUNICATION SERVICES | 20,173 | |||||||
|
| |||||||
TRANSPORTATION - 1.9% | ||||||||
2,669 | * | Air Transport Services Group, Inc | 18 | |||||
3,132 | * | Alaska Air Group, Inc | 163 | |||||
683 | Allegiant Travel Co | 72 | ||||||
337 | Amerco, Inc | 55 | ||||||
1,342 | Arkansas Best Corp | 31 | ||||||
1,180 | * | Atlas Air Worldwide Holdings, Inc | 52 | |||||
4,667 | * | Avis Budget Group, Inc | 134 |
46
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
988 | * | Celadon Group, Inc | $ | 18 | ||||
7,359 | CH Robinson Worldwide, Inc | 414 | ||||||
2,582 | Con-Way, Inc | 101 | ||||||
1,521 | Copa Holdings S.A. (Class A) | 199 | ||||||
46,942 | CSX Corp | 1,089 | ||||||
39,238 | * | Delta Air Lines, Inc | 734 | |||||
812 | * | Echo Global Logistics, Inc | 16 | |||||
9,458 | Expeditors International of Washington, Inc | 359 | ||||||
14,499 | FedEx Corp | 1,429 | ||||||
1,381 | Forward Air Corp | 53 | ||||||
1,945 | * | Genesee & Wyoming, Inc (Class A) | 165 | |||||
2,405 | * | Hawaiian Holdings, Inc | 15 | |||||
2,109 | Heartland Express, Inc | 29 | ||||||
15,489 | * | Hertz Global Holdings, Inc | 384 | |||||
1,702 | * | Hub Group, Inc (Class A) | 62 | |||||
374 | International Shipholding Corp | 9 | ||||||
4,019 | J.B. Hunt Transport Services, Inc | 290 | ||||||
9,209 | *,e | JetBlue Airways Corp | 58 | |||||
5,044 | Kansas City Southern Industries, Inc | 534 | ||||||
2,596 | * | Kirby Corp | 206 | |||||
3,018 | Knight Transportation, Inc | 51 | ||||||
2,283 | Landstar System, Inc | 118 | ||||||
348 | Marten Transport Ltd | 5 | ||||||
1,942 | Matson, Inc | 49 | ||||||
14,524 | Norfolk Southern Corp | 1,055 | ||||||
3,307 | * | Old Dominion Freight Line | 138 | |||||
2,338 | * | Pacer International, Inc | 15 | |||||
421 | * | Park-Ohio Holdings Corp | 14 | |||||
309 | * | Patriot Transportation Holding, Inc | 9 | |||||
748 | * | Quality Distribution, Inc | 7 | |||||
2,007 | * | Republic Airways Holdings, Inc | 23 | |||||
437 | * | Roadrunner Transportation Services Holdings, Inc | 12 | |||||
2,384 | Ryder System, Inc | 145 | ||||||
1,350 | * | Saia, Inc | 40 | |||||
2,348 | Skywest, Inc | 32 | ||||||
33,061 | Southwest Airlines Co | 426 | ||||||
2,757 | * | Spirit Airlines, Inc | 88 | |||||
3,842 | * | Swift Transportation Co, Inc | 64 | |||||
15,475 | * | UAL Corp | 484 | |||||
21,465 | Union Pacific Corp | 3,311 | ||||||
33,166 | United Parcel Service, Inc (Class B) | 2,868 | ||||||
200 | Universal Truckload Services, Inc | 5 | ||||||
7,760 | *,e | US Airways Group, Inc | 127 | |||||
5,030 | UTI Worldwide, Inc | 83 | ||||||
2,203 | e | Werner Enterprises, Inc | 53 | |||||
1,842 | * | Wesco Aircraft Holdings, Inc | 34 | |||||
842 | *,e | XPO Logistics, Inc | 15 | |||||
440 | * | YRC Worldwide, Inc | 13 | |||||
|
| |||||||
TOTAL TRANSPORTATION | 15,973 | |||||||
|
| |||||||
UTILITIES - 3.3% | ||||||||
28,400 | AES Corp | 340 | ||||||
5,415 | AGL Resources, Inc | 232 | ||||||
1,847 | Allete, Inc | 92 | ||||||
5,073 | Alliant Energy Corp | 256 | ||||||
11,106 | Ameren Corp | 382 | ||||||
22,257 | American Electric Power Co, Inc | 997 | ||||||
877 | American States Water Co | 47 | ||||||
8,035 | American Water Works Co, Inc | 331 | ||||||
6,661 | Aqua America, Inc | 208 | ||||||
366 | Artesian Resources Corp | 8 | ||||||
5,498 | e | Atlantic Power Corp | 22 | |||||
4,152 | Atmos Energy Corp | 170 |
47
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
2,754 | Avista Corp | $ | 74 | |||||
2,076 | Black Hills Corp | 101 | ||||||
2,026 | California Water Service Group | 39 | ||||||
18,074 | * | Calpine Corp | 384 | |||||
19,622 | Centerpoint Energy, Inc | 461 | ||||||
447 | Chesapeake Utilities Corp | 23 | ||||||
2,716 | Cleco Corp | 126 | ||||||
11,966 | CMS Energy Corp | 325 | ||||||
518 | Connecticut Water Service, Inc | 15 | ||||||
13,409 | Consolidated Edison, Inc | 782 | ||||||
892 | Consolidated Water Co, Inc | 10 | ||||||
339 | Delta Natural Gas Co, Inc | 7 | ||||||
26,449 | Dominion Resources, Inc | 1,503 | ||||||
7,903 | DTE Energy Co | 530 | ||||||
32,312 | Duke Energy Corp | 2,181 | ||||||
4,582 | * | Dynegy, Inc | 103 | |||||
14,756 | Edison International | 711 | ||||||
1,646 | El Paso Electric Co | 58 | ||||||
1,683 | Empire District Electric Co | 38 | ||||||
8,067 | Entergy Corp | 562 | ||||||
39,195 | Exelon Corp | 1,210 | ||||||
19,153 | FirstEnergy Corp | 715 | ||||||
609 | Genie Energy Ltd | 6 | ||||||
6,564 | Great Plains Energy, Inc | 148 | ||||||
4,806 | e | Hawaiian Electric Industries, Inc | 122 | |||||
2,116 | Idacorp, Inc | 101 | ||||||
3,620 | Integrys Energy Group, Inc | 212 | ||||||
2,302 | ITC Holdings Corp | 210 | ||||||
1,419 | Laclede Group, Inc | 65 | ||||||
8,599 | MDU Resources Group, Inc | 223 | ||||||
1,053 | MGE Energy, Inc | 58 | ||||||
813 | Middlesex Water Co | 16 | ||||||
3,367 | National Fuel Gas Co | 195 | ||||||
2,008 | New Jersey Resources Corp | 83 | ||||||
19,386 | NextEra Energy, Inc | 1,580 | ||||||
13,919 | NiSource, Inc | 399 | ||||||
14,416 | Northeast Utilities | 606 | ||||||
1,299 | Northwest Natural Gas Co | 55 | ||||||
1,761 | NorthWestern Corp | 70 | ||||||
14,767 | NRG Energy, Inc | 394 | ||||||
10,662 | NV Energy, Inc | 250 | ||||||
4,542 | OGE Energy Corp | 310 | ||||||
9,618 | Oneok, Inc | 397 | ||||||
919 | Ormat Technologies, Inc | 22 | ||||||
1,825 | Otter Tail Corp | 52 | ||||||
11,070 | Pepco Holdings, Inc | 223 | ||||||
20,132 | PG&E Corp | 921 | ||||||
3,459 | Piedmont Natural Gas Co, Inc | 117 | ||||||
5,024 | Pinnacle West Capital Corp | 279 | ||||||
3,642 | PNM Resources, Inc | 81 | ||||||
3,464 | Portland General Electric Co | 106 | ||||||
27,128 | PPL Corp | 821 | ||||||
23,269 | Public Service Enterprise Group, Inc | 760 | ||||||
549 | * | Pure Cycle Corp | 3 | |||||
8,301 | Questar Corp | 198 | ||||||
6,317 | SCANA Corp | 310 | ||||||
11,116 | Sempra Energy | 909 | ||||||
678 | SJW Corp | 18 | ||||||
1,513 | South Jersey Industries, Inc | 87 | ||||||
39,982 | Southern Co | 1,764 | ||||||
2,114 | Southwest Gas Corp | 99 | ||||||
9,973 | TECO Energy, Inc | 171 | ||||||
5,211 | UGI Corp | 204 |
48
TIAA SEPARATE ACCOUNT VA-1 - Stock Index Account
SHARES | COMPANY | VALUE (000) | ||||||
2,315 | UIL Holdings Corp | $ | 89 | |||||
597 | Unitil Corp | 17 | ||||||
1,902 | UNS Energy Corp | 85 | ||||||
3,907 | Vectren Corp | 132 | ||||||
5,819 | Westar Energy, Inc | 186 | ||||||
2,373 | WGL Holdings, Inc | 103 | ||||||
10,478 | Wisconsin Energy Corp | 429 | ||||||
22,717 | Xcel Energy, Inc | 644 | ||||||
672 | York Water Co | 13 | ||||||
|
| |||||||
TOTAL UTILITIES | 27,386 | |||||||
|
| |||||||
TOTAL COMMON STOCKS (Cost $495,774) | 823,763 | |||||||
|
| |||||||
RIGHTS / WARRANTS - 0.0% | ||||||||
AUTOMOBILES & COMPONENTS - 0.0% | ||||||||
996 | Federal-Mogul Corp | 0 | ^ | |||||
|
| |||||||
TOTAL AUTOMOBILES & COMPONENTS | 0 | ^ | ||||||
|
| |||||||
ENERGY - 0.0% | ||||||||
559 | e | Magnum Hunter Resources Corp | 0 | ^ | ||||
|
| |||||||
TOTAL ENERGY | 0 | ^ | ||||||
|
| |||||||
TOTAL RIGHTS / WARRANTS (Cost $0) | 0 | ^ | ||||||
|
| |||||||
SHORT-TERM INVESTMENTS - 2.5% | ||||||||
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED - 2.5% | ||||||||
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 2.5% | ||||||||
20,391,405 | c | TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust | 20,391 | |||||
|
| |||||||
TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES | 20,391 | |||||||
|
| |||||||
TOTAL INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED | 20,391 | |||||||
|
| |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $20,391) | 20,391 | |||||||
|
| |||||||
TOTAL INVESTMENTS - 102.0% (Cost $516,165) | 844,154 | |||||||
OTHER ASSETS & LIABILITIES, NET - (2.0)% | (16,794 | ) | ||||||
|
| |||||||
NET ASSETS - 100.0% | $ | 827,360 | ||||||
|
|
Abbreviation(s):
REIT | Real Estate Investment Trust |
* | Non-income producing. |
^ | Amount represents less than $1,000. |
c | Investments made with cash collateral received from securities on loan. |
d | All or a portion of these securities have been segregated by the custodian to cover margin or other requirements on open futures transactions. |
e | All or a portion of these securities are out on loan. The aggregate value of securities on loan is $19,845,000. |
m | Indicates a security that has been deemed illiquid. |
Cost amounts are in thousands.
49
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.
Item 10. Submission of Matters to a Vote of Security Holders.
There were no material changes to the procedures by which contractowners may recommend nominees to the Registrant’s Management Committee.
Item 11. Controls and Procedures.
(a) An evaluation was performed within 90 days of the filing date of the report under the supervision of the Registrant’s management, including the principal executive officer and principal financial officer, of the effectiveness of the design and operation of the Registrant’s disclosure controls and procedures. Based on that evaluation, the Registrant’s management, including the principal executive officer and principal financial officer, concluded that the Registrant’s disclosure controls and procedures were effective for this semi-annual reporting period.
(b) There were no changes in the Registrant’s internal control over financial reporting that occurred during the Registrant’s second fiscal quarter of the period covered by this report that materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
Item 12. Exhibits.
12(a)(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 16, 2013 | By: | /s/ Roger W. Ferguson, Jr. | ||||||
Roger W. Ferguson, Jr. | ||||||||
Chief Executive Officer and President |
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 16, 2013 | By: | /s/ Roger W. Ferguson, Jr. | ||||||
Roger W. Ferguson, Jr. | ||||||||
Chief Executive Officer and President | ||||||||
(principal executive officer) |
Date: August 16, 2013 | 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