| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,750 | 1,375 | 1,375 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ACADIA PHARMACEUTICALS INC | 4,163 | 4,349 |
| ACTELION LTD | 4,862 | 5,683 |
| ACTIVISION BLIZZARD INC | 5,283 | 8,361 |
| ACTUANT BLIZZARD INC | 12,007 | 12,244 |
| ADT CORP | 5,203 | 4,848 |
| AERCAP HOLDINGS NV | 3,710 | 3,841 |
| AERIE PHARMACEUTICALS | 3,245 | 2,776 |
| AES CORP | 2,772 | 1,904 |
| AIR METHODS CORP | 7,274 | 5,661 |
| AKZO NOBEL NV | 5,906 | 5,494 |
| ALIBABA GROUP HLDG LIMITED | 6,192 | 6,583 |
| ALLEGHANY CORP | 4,384 | 4,779 |
| ALLERGAN PLC | 25,857 | 36,250 |
| ALLIANCE DATA SYSTEMS CORP | 4,054 | 4,149 |
| ALLIANCE GLOBAL CORP | 5,538 | 3,154 |
| ALLIANT ENERGY CORP | 4,612 | 4,934 |
| ALLSTATE CORP | 2,013 | 1,925 |
| ALLY FINL INC | 3,441 | 2,945 |
| AMBEV SA | 3,860 | 2,565 |
| AMC NETWORKS INC | 4,909 | 5,825 |
| AMDOCS LTD | 6,100 | 6,548 |
| AMEREN CORP | 2,735 | 2,983 |
| AMERICAN ASSTS TR INC REIT | 1,692 | 1,879 |
| AMERICAN ELECTRIC POWER INC | 5,717 | 6,468 |
| AMERICAN HOMES 4 RENT | 2,746 | 2,766 |
| AMSURG CORP | 3,157 | 4,560 |
| ANADARKO PETE CORP | 31,498 | 16,857 |
| ANHEISER BUSCH INBEV | 9,704 | 11,375 |
| ANIXTER INTERNATIONAL INC | 5,570 | 3,865 |
| AON PLC | 17,582 | 17,243 |
| ARKEMA SPONSORED ADR | 3,747 | 3,578 |
| ARROW ELECTRONICS INC | 4,369 | 3,955 |
| ARTISAN PARTNERS ASSET MGMT INC | 3,349 | 2,272 |
| ASHTEAD GROUP PLC | 5,215 | 5,476 |
| ASML HOLDING NV NY | 7,286 | 6,924 |
| ASSA ABLOY AB | 5,968 | 7,516 |
| ASSOCIATED BRITISH FOODS LTD | 3,614 | 3,842 |
| AUTODESK INC | 17,872 | 19,863 |
| AUTOHOME INCORPORATED | 1,289 | 1,222 |
| AVAGO TECHNOLOGIES LTD | 2,540 | 4,064 |
| AVERY DENNISON CORP | 2,707 | 3,321 |
| AVNET INC | 4,075 | 3,984 |
| BAIDU INC | 7,183 | 6,427 |
| BANCO BILBAO VIZCAYA ARGENTARI | 4,596 | 3,394 |
| BANK N S HALIFAX | 3,715 | 2,295 |
| BANK OF THE OZARKS INC | 2,792 | 3,858 |
| BANKUNITED INC | 4,348 | 4,976 |
| BARCLAYS PLC | 5,651 | 5,028 |
| BAYER AG | 12,086 | 11,321 |
| BB SEGURIDADE PARTICIPAPACOES SA | 7,732 | 3,792 |
| BB&T CORP | 6,048 | 6,201 |
| BECTON DICKINSON & CO | 3,046 | 3,236 |
| BERKLEY W R CORP | 8,552 | 9,855 |
| BEST BUY INC | 1,939 | 1,736 |
| BEZEQ ISRAEL TELECOM LTD | 4,809 | 5,760 |
| BG GROUP PLC | 3,782 | 3,310 |
| BHP BILLITON LTD | 7,927 | 3,735 |
| BIOGEN IDEC INC | 30,732 | 30,635 |
| BLOOMIN BRANDS INC | 3,239 | 2,534 |
| BNP PARIBAS | 5,493 | 4,766 |
| BOK FINANCIAL CORP | 3,920 | 3,468 |
| BOSTON PROPERTIES INC REIT | 6,551 | 6,760 |
| BOSTON SCIENTIFIC CORP | 3,818 | 4,665 |
| BRAMBLES LTD | 4,974 | 5,017 |
| BRISTOW GROUP INC | 1,245 | 932 |
| BRITISH AMERICAN TOB PLC | 8,826 | 8,394 |
| BROADCOM CORP | 21,320 | 30,124 |
| BROADRIDGE FINL SOLUTIONS INC | 20,091 | 19,773 |
| BROWN & BROWN INC | 20,014 | 19,998 |
| BRUKER CORP | 2,228 | 2,500 |
| BRUNSWICK CORP | 3,659 | 4,091 |
| BUNZL PUB LTD | 7,569 | 7,863 |
| C H ROBINSON WORLDWIDE INC | 11,718 | 11,102 |
| CABLE ONE INC | 3,543 | 3,903 |
| CAPSTEAD MTG CORP REIT | 3,915 | 2,683 |
| CARDINAL HEALTH INC | 6,334 | 6,606 |
| CARLSBERG AS | 3,560 | 3,602 |
| CAVIUM INC | 7,643 | 9,462 |
| CBS CORP | 1,781 | 1,461 |
| CDW CORP | 4,359 | 4,751 |
| CEB INC | 2,787 | 2,517 |
| CENTENE CORP | 2,684 | 4,343 |
| CHATHAM LODGING TR REIT | 3,972 | 3,502 |
| CHECK POINT SOFTWARE TECH LTD | 15,117 | 16,764 |
| CHIMERA INVT CORP REIT | 2,979 | 2,523 |
| CIELO SA | 2,023 | 1,121 |
| CIMAREX ENERGY CO | 2,389 | 2,056 |
| CINEMARK HOLDINGS INC | 6,265 | 5,750 |
| CINTAX CORPORATION | 7,765 | 8,103 |
| CITRIX SYSTEMS INC | 11,728 | 12,634 |
| COCA COLA ENTERPRISES INC | 2,164 | 2,314 |
| COLONY FINANCIAL INC REIT | 4,892 | 4,208 |
| COLUMBIA BKG SYSTEMNS INC | 4,239 | 4,909 |
| COMCAST CORP SPL | 36,086 | 37,977 |
| COMMSCOPE HOLDING CO | 2,314 | 1,890 |
| COMPAGNIE FIN RICHEMONTAG SWI | 9,494 | 7,477 |
| COMPANHIA DE SANEAMENTO BASICO | 3,710 | 2,061 |
| COMPASS GROUP PLC | 9,116 | 9,317 |
| CONSTELLATION BRANDS INC | 2,784 | 4,558 |
| CONTINENTAL AG | 8,098 | 9,025 |
| CORNERSTONE ONDEMAND INC | 3,382 | 2,901 |
| CREDIT SUISSE GROUP | 3,609 | 3,210 |
| CREE INC | 9,506 | 5,601 |
| CROWN HOLDINGS INC | 6,825 | 7,047 |
| CURTISS WRIGHT CORP | 5,971 | 6,097 |
| DAIKIN INDUSTRIES LTD | 3,485 | 4,292 |
| DAIWA HOUSE IND LTD | 6,734 | 10,046 |
| DARLING INGREDIENTS INC | 4,023 | 2,504 |
| DAVITA HEALTHCARE PARTNERS INC | 1,880 | 1,812 |
| DECKERS OUTDOOR CORP | 5,594 | 2,974 |
| DELTA AIRLINES INC | 1,549 | 2,180 |
| DEUTSCHE BOERSE | 3,215 | 4,032 |
| DIAMONDBACK ENERGY INC | 5,086 | 5,018 |
| DISCOVER FINANCIAL SERVICES | 6,452 | 5,684 |
| DISCOVERY COMMUNICATIONS | 7,444 | 6,590 |
| DNB ASA | 3,464 | 2,481 |
| DOLBY LABORATORIES INC | 5,282 | 4,004 |
| DOUGLAS EMMETT INC | 2,680 | 2,806 |
| DSW INC | 6,596 | 4,963 |
| EAST WEST BANCORP | 11,877 | 13,923 |
| EDISON INTERNATIONAL | 5,631 | 5,862 |
| ENBRIDGE INC | 4,871 | 3,684 |
| ENCANA CORP | 4,118 | 1,761 |
| ENERGEN CORP | 6,703 | 3,976 |
| ENVISION HEALTHCARE HOLDINGS INC | 3,134 | 2,285 |
| EQT CORP | 3,476 | 1,981 |
| EQUIFAX INC | 13,918 | 15,369 |
| EQUITY RESIDENTIAL SH BEN INT REIT | 6,645 | 7,751 |
| ERICSSON ADR | 5,623 | 4,507 |
| ESSEX PROPERTY TR INC REIT | 4,440 | 5,267 |
| ESTACIO PARTICIPACOES SA | 5,427 | 1,816 |
| EXPEDIA INC | 4,789 | 6,215 |
| FANUC CORP | 6,756 | 6,863 |
| FEDERATED INVS INC | 17,896 | 14,984 |
| FERRO CORP | 3,081 | 2,647 |
| FIDELITY NATIONAL INFORMATION SERVICES | 4,926 | 5,030 |
| FIFTH THIRD BANCORP | 7,010 | 7,115 |
| FIRST REP BANK SAN FRANCISCO | 5,084 | 6,672 |
| FIRSTENERGY CORP | 2,524 | 2,475 |
| FLEXTRONICS INTERNATIONAL LTD | 2,806 | 2,746 |
| FLUOR CORP | 12,455 | 8,264 |
| FOREST CITY ENTERPRISES INC | 6,906 | 7,149 |
| FORTINET INC | 4,417 | 5,112 |
| FREEPORT MCMORAN INC | 13,591 | 6,472 |
| FRONTIER COMMUNICATIONS CORP | 6,079 | 4,782 |
| GEA GROUP AG | 4,338 | 4,388 |
| G-III APPAREL GROUP LTD | 5,356 | 3,983 |
| GIVAUDAN SA | 5,684 | 6,338 |
| GLOBAL PAYMENTS INC | 6,413 | 10,386 |
| GRACO INC | 9,432 | 10,018 |
| GRAPHIC PACKAGING HOLDING CO | 8,188 | 8,493 |
| GREAT LAKES DREDGE & DOCK CORP | 2,752 | 1,469 |
| GREAT PLAINS ENERGY INC | 3,246 | 3,550 |
| GRUPO FINANCIERO BANORTE SAB | 3,916 | 3,101 |
| HAIN CELESTIAL GROUP INC | 3,663 | 3,272 |
| HARLEY DAVIDSON INC | 2,351 | 1,679 |
| HARRIS CORP | 5,323 | 6,170 |
| HEARTLAND EXPRESS INC | 5,228 | 3,949 |
| HENKEL A G AND CO KGAA | 7,488 | 7,735 |
| HERSHA HOSPITALITY TR PR REIT | 6,358 | 5,309 |
| HEWLETT PACKARD ENTERPRISE CO | 2,183 | 2,402 |
| HILLENBRAND INC | 16,794 | 15,852 |
| HUBBELL INC | 2,519 | 2,324 |
| HUNTINGTON BANCSHARES INC | 5,280 | 5,884 |
| HUNTINGTON INGALLS INDUSTRIES INC | 4,982 | 6,469 |
| IAC INTERACTIVE CORP | 2,278 | 2,042 |
| ICON PLC | 3,852 | 5,284 |
| IMMUNOGEN INC | 4,066 | 4,858 |
| INFORMA PLC | 4,401 | 4,644 |
| INGERSOLL-RAND PLC | 4,274 | 3,539 |
| INTERNATIONAL PAPER CO | 2,932 | 2,300 |
| INTERSECTO ENT INC | 4,277 | 3,240 |
| INVESTORS BANCORP INC | 4,388 | 4,665 |
| IONIS PHARMACEUTICALS INC | 10,452 | 17,650 |
| JABIL CIRCUIT INC | 3,781 | 4,262 |
| JAPAN TOB INC | 5,972 | 6,746 |
| JULIUS BAER GROUP LTD | 5,571 | 5,804 |
| KASIKORNBANK PUB CO LTD | 3,456 | 2,108 |
| KATE SPADE & CO | 2,081 | 1,884 |
| KBC GROUP NV | 2,907 | 3,007 |
| KDDI CORP | 4,381 | 5,732 |
| KILROY RLTY CORP REIT | 2,877 | 2,405 |
| KIMCO REALTY CORP REIT | 4,826 | 5,424 |
| KOC HOLDING | 4,613 | 3,370 |
| KONINKLIJKE PHILIPS NV | 5,664 | 6,960 |
| KORN FERRY INTERNATIONAL | 4,215 | 4,015 |
| KOSMOS ENERGY LTD | 1,256 | 681 |
| L OREAL COMPANY | 4,368 | 4,319 |
| L3 COMMUNICATIONS HOLDINGS INC | 11,341 | 12,788 |
| LABORATORY CORP AMERICA HOLDINGS | 3,548 | 3,956 |
| LANDSTAR SYSTEMS INC | 12,417 | 11,437 |
| LEAR CORP | 5,121 | 6,142 |
| LEGG MASON INC | 14,768 | 11,063 |
| LIBERTY BROADBAND CORP SER A | 716 | 775 |
| LIBERTY BROADBAND CORP SER C | 1,398 | 1,504 |
| LIBERTY INTERACTIVE CORP INT QVC | 9,707 | 11,037 |
| LIBERTY INTERACTIVE CORP LBT VENT | 1,211 | 1,895 |
| LIBERTY MEDIA CORP CLASS A | 1,841 | 2,041 |
| LIBERTY MEDIA CORP SER C | 3,886 | 4,227 |
| LIFEPOINT HEALTH INC | 5,332 | 5,065 |
| LINDE AG | 8,826 | 6,546 |
| LINEAR TECHNOLOGY CORP | 11,605 | 11,594 |
| LLOYDS BANKING GROUP PLC | 15,386 | 13,860 |
| LOEWS CORP | 2,875 | 2,726 |
| LPL FINANCIAL HLDGS INC | 11,729 | 11,643 |
| MACERICH CO REIT | 2,496 | 2,582 |
| MAKITA CORP | 5,493 | 5,786 |
| MANPOWERGROUP INC | 4,869 | 5,310 |
| MARATHON PETE CORP | 4,262 | 4,666 |
| MARKEL CORP | 7,211 | 7,950 |
| MARKS & SPENCER GROUP PLC | 1,786 | 1,787 |
| MARSH & MCLENNAN COMPANIES INC | 5,180 | 5,490 |
| MASCO CORP | 4,958 | 6,481 |
| MATTHEWS INTL CORP | 14,620 | 15,340 |
| MATTRESS FIRM HOLDING CORP | 8,385 | 6,471 |
| MCCORMICK & CO | 11,611 | 12,406 |
| MCGRAW HILL FINANCIAL CORP | 2,654 | 3,056 |
| MEDICLINIC INTERNATIONAL LTD | 4,353 | 4,032 |
| MEDIOLANUM SPA | 2,384 | 2,714 |
| MEDTRONIC PLC | 8,349 | 8,230 |
| METHANEX CORP | 1,145 | 1,056 |
| MFA FINANCIAL INC REIT | 7,283 | 5,900 |
| MICROSEMI CORP | 2,882 | 3,357 |
| MOBILE MINI INC | 7,314 | 5,728 |
| MOBILE TELESYSTEMS PJSC | 4,093 | 1,378 |
| MOLINA HEALTHCARE INC | 4,358 | 5,772 |
| MOODYS CORP | 2,466 | 2,709 |
| MOSAIC CO | 2,111 | 1,683 |
| MR PRICE GROUP LTD | 2,840 | 1,988 |
| NAMPAK LTD | 3,918 | 1,586 |
| NATIONAL OILWELLS VARCO INC | 8,515 | 3,617 |
| NAVIENT CORP | 3,146 | 2,084 |
| NETEASE INC | 2,416 | 3,806 |
| NEWELL RUBBERMAID INC | 5,919 | 7,009 |
| NIELSEN HOLDINGS NV | 6,350 | 6,524 |
| NN INCORPORATED | 3,182 | 2,279 |
| NORDEA B K SWEDEN AB | 5,628 | 4,936 |
| NOVARTIS AG | 20,699 | 21,338 |
| NOVO-NORDISK AS | 4,408 | 5,866 |
| NOW INC | 20,240 | 13,969 |
| NUANCE COMMUNICATIONS INC | 6,040 | 6,822 |
| NUCOR CORP | 6,008 | 4,836 |
| OMNICOM GROUP INC | 4,559 | 4,918 |
| ON SEMICONDUCTOR CORP | 931 | 853 |
| OWENS CORNING | 5,531 | 5,926 |
| P T TELEKOMUNIKASI INDONESIA | 6,037 | 5,905 |
| PACKAGING CORP | 2,673 | 2,585 |
| PARKER HANNIFIN CORP | 2,485 | 2,037 |
| PARSLEY ENERGY INC | 2,279 | 2,620 |
| PATTERSON COMPANIES | 8,006 | 7,640 |
| PAYCOM SOFTWARE INC | 3,202 | 3,161 |
| PDC ENERGY INC | 3,517 | 3,310 |
| PEBBLEBROOK HOTEL TR REIT | 4,731 | 3,503 |
| PENTAIR PLC | 4,824 | 3,715 |
| PERNOD RICARD SA | 4,480 | 4,525 |
| PG&E CORP | 2,214 | 2,553 |
| PINNACLE ENTERTAINMENT CORP | 3,987 | 5,073 |
| PINNACLE FINANCIAL PARTNERS INC | 4,832 | 6,574 |
| POLYONE CORP | 6,788 | 5,622 |
| POST HOLDINGS INC | 5,770 | 7,836 |
| PRUDENTIAL PLC | 17,560 | 17,311 |
| PUBLICIS SA | 5,202 | 4,801 |
| QEP RES INC | 2,147 | 1,380 |
| QLIK TECHNOLOGIES INC | 6,630 | 7,313 |
| QTS RLTY TR INC REIT | 3,432 | 4,060 |
| RAYTHEON CO | 2,518 | 2,989 |
| RED ELECTRICA CORP SA | 4,586 | 4,674 |
| REGENCY CTRS CORP REIT | 5,469 | 6,403 |
| REINSURANCE GROUP AMERICA INC | 3,076 | 3,080 |
| RELX PLC | 11,964 | 12,873 |
| RESTORATION HARDWARE HOLDINGS INC | 3,555 | 3,337 |
| REXAM PLC | 4,411 | 4,678 |
| REXNORD CORP | 5,131 | 3,860 |
| RICE ENERGY INC | 2,237 | 959 |
| ROBERT HALF INTERNATIONAL INC | 7,950 | 7,448 |
| ROCHE HOLDING LIMITED | 12,296 | 12,340 |
| ROYAL DUTCH SHELL PLC | 4,783 | 3,068 |
| RSP PERMIAN INC | 1,297 | 1,293 |
| RYANAIR HOLDINGS PLC | 2,052 | 2,940 |
| RYOHIN KEIKAKU CO LTD | 2,045 | 3,285 |
| SABMILLER PLC | 4,876 | 5,338 |
| SAMPO OYJ ADR | 5,926 | 6,203 |
| SAMSONITE INTERNATIONAL SA | 3,785 | 3,533 |
| SANDISK CORP | 21,022 | 18,086 |
| SANLAM LIMTED | 5,462 | 3,368 |
| SANOFI | 8,571 | 6,867 |
| SANTEN PHARMACEUTICAL CO LTD | 4,495 | 6,504 |
| SAP SE | 7,282 | 7,515 |
| SCHNEIDER ELECTRIC SE | 6,592 | 4,579 |
| SCHWAB CHARLES CORP | 2,081 | 2,437 |
| SEAGATE TECHNOLOGY PLC | 36,964 | 24,122 |
| SEI INVESTMENTS CO | 3,453 | 4,454 |
| SEMGROUP CORP | 6,812 | 2,597 |
| SENSATA TECHNOLOGIES HOLDING NV | 6,044 | 6,034 |
| SEVEN & I HOLDINGS CO LTD | 4,256 | 5,052 |
| SGS SA | 6,142 | 5,422 |
| SHIRE PLC | 5,746 | 6,150 |
| SIGNATURE BK NEW YORK | 6,743 | 8,282 |
| SIGNET JEWELERS LTD | 2,782 | 2,969 |
| SL GREEN REALTY CORP REIT | 5,890 | 5,988 |
| SLM CORP | 1,805 | 1,311 |
| SMC CORP JAPAN | 5,659 | 5,916 |
| SODEXO | 7,013 | 7,031 |
| SOFTBANK CORP | 8,700 | 6,379 |
| SOLARWINDS INC | 6,186 | 8,010 |
| SONOVA HOLDING AG | 5,223 | 4,527 |
| SONY CORPORATION | 4,391 | 3,987 |
| SPIRIT AIRLINES INC | 8,380 | 5,260 |
| SPROUTS FARMERS MARKET INC | 5,665 | 4,999 |
| ST JUDE MED INC | 3,400 | 3,089 |
| STANLEY BLACK & DECKER INC | 4,985 | 5,443 |
| STARZ | 3,198 | 3,652 |
| STATE STREET CORP | 2,220 | 2,124 |
| STEEL DYNAMICS INC | 1,396 | 1,430 |
| SUMITOMO MITSUI FINANCIAL GROUP INC | 7,562 | 6,520 |
| SUMITOMO MITSUI TR HOLDINGS INC | 2,205 | 2,069 |
| SUMMIT HOTEL PPTYS REIT | 3,688 | 3,274 |
| SUMMIT MATLS INC | 4,280 | 3,507 |
| SUNCOR ENERGY INC | 4,257 | 2,864 |
| SUNTRUST BANKS INC | 4,699 | 5,355 |
| SWEDBANK AB | 6,779 | 6,103 |
| SYMETRA FINANCIAL CORP | 7,878 | 10,548 |
| TAIWAN SEMICONDUCTOR MFG LTD | 10,480 | 12,285 |
| TD AMERITRADE HOLDING CORP | 8,216 | 8,608 |
| TE CONNECTIVITY LTD | 29,408 | 30,561 |
| TEAM HEALTH HOLDINGS INC | 4,481 | 3,467 |
| TELENOR ASA | 4,763 | 3,418 |
| TENNECO INC | 3,353 | 2,938 |
| TEVA PHARMACEUTICAL INDUSTRIES LTD | 9,168 | 10,896 |
| TEXAS ROADHOUSE INC | 3,395 | 3,291 |
| TEXTRON INC | 2,539 | 2,605 |
| TIMKEN CO | 1,779 | 1,372 |
| TORCHMARK CORP | 2,337 | 2,401 |
| TOTAL SYSTEMS SEVICES INC | 2,885 | 3,934 |
| TOWERS WATSON & CO | 5,976 | 6,808 |
| TOYOTA MOTOR CORP SP | 7,824 | 8,244 |
| TURKCELL ILETISIM HIZMETLERI | 7,204 | 4,372 |
| TWITTER INC | 10,517 | 9,649 |
| TYCO INTERNATIONAL LTD | 13,846 | 10,332 |
| UBS GROUP AG | 7,751 | 8,115 |
| ULTA SALON COSMETICS & FRAG INC | 5,556 | 8,140 |
| UNILEVER NV NY SHS | 5,677 | 5,692 |
| UNILEVER PLC | 5,558 | 5,848 |
| UNITEDHEALTH GROUP INC | 32,087 | 43,762 |
| UNUM GROUP | 6,138 | 5,859 |
| VAIL RESORTS INC | 6,289 | 10,111 |
| VALEO | 7,670 | 9,291 |
| VALIDUS HOLDINGS LTD | 3,797 | 3,981 |
| VALSPAR CORP | 5,434 | 5,641 |
| VANTIV INC | 8,074 | 11,333 |
| VERTEX PHARMACEUTICALS INC | 13,714 | 19,629 |
| VINCI S A | 3,803 | 4,047 |
| VIVENDI SA | 3,704 | 3,020 |
| WABCO HOLDINGS INC | 1,674 | 1,943 |
| WATERS CORP | 7,359 | 8,344 |
| WEATHERFORD INTERNATIONAL PLC | 33,520 | 13,995 |
| WESCO INTERNATIONAL INC | 4,133 | 2,315 |
| WEST CORP | 4,069 | 3,214 |
| WESTAR ENERGY INC | 5,844 | 6,446 |
| WESTERN DIGITAL CORP | 21,540 | 16,634 |
| WESTERN REFNG INC | 2,348 | 1,781 |
| WESTERN UN CO | 27,661 | 22,495 |
| WHITE MOUNTAINS INCS GROUP LTD | 7,069 | 7,995 |
| WILEY JOHN & SONS INC | 16,088 | 13,869 |
| WILLIS GROUP HOLDINGS | 26,326 | 26,616 |
| WINTRUST FINL CORP | 4,615 | 4,512 |
| WOLSELEY PLC | 5,000 | 5,114 |
| WOLTERS KLUWER NV | 4,120 | 4,810 |
| XL GROUP PLC | 2,330 | 2,508 |
| ZIMMER BIOMET HOLDINGS INC | 4,804 | 4,514 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AQR DIVERSIFIED ARBITRAGE FUND | AT COST | 36,204 | 30,768 |
| AQR MANAGED FUTURES STRATEGY FUND | AT COST | 38,351 | 38,182 |
| ASG GLOBAL ALTERNATIVES FUND | AT COST | 39,795 | 37,616 |
| BAIRD AGGREGATE BOND FUND | AT COST | 108,839 | 107,351 |
| BOSTON PARTNERS LONG/SHORT RESEARCH FUND | AT COST | 34,078 | 34,601 |
| COLUMBIA ACORN EMERGING MARKETS FUND | AT COST | 238,506 | 189,897 |
| CREDIT SUISSE COMMODITY RETURN STRATEGY FUND | AT COST | 16,828 | 11,628 |
| DEUTSCHE GLOBAL REAL ESTATE SECURITIES FUND | AT COST | 12,029 | 12,019 |
| DODGE & COX INCOME FUND | AT COST | 113,007 | 109,683 |
| DOUBLELINE TOTAL RETURN BOND FUND | AT COST | 29,743 | 29,311 |
| FEDERATED INSTITUTIONAL HIGH YIELD BOND FUND | AT COST | 31,788 | 28,469 |
| FEDERATED SHORT TERM INCOME FUND | AT COST | 29,759 | 29,389 |
| GATEWAY FUND | AT COST | 23,787 | 24,270 |
| GOLDMAN SACHS EMERGING MARKETS DEBT FUND | AT COST | 33,311 | 32,095 |
| GOLDMAN SACHS STRATEGIC INCOME FUND | AT COST | 25,335 | 23,425 |
| ISHARES CORE US AGG BD ETF | AT COST | 198,723 | 196,578 |
| ISHARES MSCI EAFE ETF | AT COST | 266,471 | 240,165 |
| ISHARES MSCI EMERGING MARKET ETF | AT COST | 238,264 | 186,155 |
| ISHARES S&P 500 ETF | AT COST | 562,595 | 585,107 |
| JOHN HANCOCK GLOBAL ABSOLUTE RETURN FUND | AT COST | 38,328 | 35,591 |
| JPMORGAN HIGH YIELD FUND | AT COST | 32,722 | 28,313 |
| LEGG MASON BW INTERNATIONAL OPPORTUNITY BOND FUND | AT COST | 32,764 | 29,441 |
| LOOMIS SAYLES STRATEGIC ALPHA FUND | AT COST | 30,765 | 28,889 |
| METROPOLITAN WEST TOTAL RETURN BOND FUND | AT COST | 111,893 | 109,612 |
| NEUBERGER BERMAN LONG SHORT FUND | AT COST | 37,092 | 36,205 |
| PRUDENTIAL ABSOLUTE RETURN BOND FUND | AT COST | 30,285 | 29,126 |
| TALLGRASS ENERGY GP LP | AT COST | 3,273 | 1,645 |
| TEMPLETON GLOBAL BOND FUND | AT COST | 82,237 | 73,613 |
| WELLS FARGO ADVANTAGE ABSOLUTE RETURN FUND | AT COST | 39,036 | 35,397 |
| WESTERN ASSET INFLATION INDEX ED PLUS BOND FUND | AT COST | 33,703 | 32,601 |
| WILLIAM BLAIR MACRO ALLOCATION FUND | AT COST | 28,212 | 27,047 |
| CARLYLE GMS FINANCE INC | AT COST | 493,090 | 512,813 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 570 | 285 | 285 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DIVIDENDS REPORTED IN CURRENT YEAR, NOT YET RECEIVED | 4,775 | 4,967 | 4,967 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RAYMOND JAMES | 219 | 219 | 219 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 52,731 | 52,731 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 3,688 | 3,688 | 0 | |
| TAXES AND LICENSES | 25 | 12 | 13 | |
| EXCISE TAX | 3,724 | 0 | 0 |