Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT CORP	14,454,002	$740M	6.1%	$51.17 *	$30.85	+49.1%	COM	594918104
DHI	D R HORTON INC	21,630,735	$681M	5.6%	$31.48 *	$20.48	+34.0%	COM	23331A109
C	CITIGROUP INC	16,006,239	$679M	5.6%	$42.39 *	$34.74	-4.7%	COM NEW	172967424
TSM	TAIWAN SEMICONDUCTOR MFG LTD	24,696,922	$648M	5.4%	$26.23	$22.28	—	SPONSORED ADR	874039100
MRK	MERCK & CO INC	10,981,043	$633M	5.2%	$57.61 *	$39.55	-0.2%	COM	58933Y105
RRC	RANGE RES CORP	14,556,351	$628M	5.2%	$43.14 *	$33.90	+20.8%	COM	75281A109
JPM	JPMORGAN CHASE & CO	9,206,926	$572M	4.7%	$62.14 *	$41.20	+17.3%	COM	46625H100
—	CIGNA CORPORATION	4,013,588	$514M	4.3%	$127.99	$124.06	—	COM	125509109
BAC	BANK AMER CORP	38,645,028	$513M	4.3%	$13.27 *	$11.42	-0.7%	COM	060505104
PFE	PFIZER INC	14,266,233	$502M	4.2%	$35.21 *	$19.90	+5.8%	COM	717081103
JNJ	JOHNSON & JOHNSON	4,067,705	$493M	4.1%	$121.30 *	$68.28	+27.5%	COM	478160104
UNH	UNITEDHEALTH GROUP INC	2,872,433	$406M	3.4%	$141.20 *	$49.63	+130.1%	COM	91324P102
LEN	LENNAR CORP	8,435,452	$389M	3.2%	$46.10 *	$40.62	-1.8%	CL A	526057104
—	ST JUDE MED INC	4,922,450	$384M	3.2%	$78.00	$42.36	—	COM	790849103
MDT	MEDTRONIC PLC	4,398,138	$382M	3.2%	$86.77 *	$58.14	+9.2%	SHS	G5960L103
ELV	ANTHEM INC	2,856,865	$375M	3.1%	$131.34 *	$109.50	+9.5%	COM	036752103
CTRA	CABOT OIL & GAS CORP	12,273,055	$316M	2.6%	$25.74 *	$16.04	+8.9%	COM	127097103
INTC	INTEL CORP	9,308,792	$305M	2.5%	$32.80 *	$21.96	+14.4%	COM	458140100
—	DELPHI AUTOMOTIVE PLC	4,786,256	$300M	2.5%	$62.60	$48.98	—	SHS	G27823106
AAPL	APPLE INC	3,056,976	$292M	2.4%	$95.60 *	$18.79	+20.3%	COM	037833100
MET	METLIFE INC	5,388,013	$215M	1.8%	$39.83 *	$36.31	-22.5%	COM	59156R108
GLW	CORNING INC	10,345,525	$212M	1.8%	$20.48 *	$14.99	+3.5%	COM	219350105
OMC	OMNICOM GROUP INC	2,593,642	$211M	1.8%	$81.49 *	$45.65	+30.7%	COM	681919106
GS	GOLDMAN SACHS GROUP INC	1,127,957	$168M	1.4%	$148.58 *	$142.29	-10.1%	COM	38141G104
—	RAYTHEON CO COM	1,131,091	$154M	1.3%	$135.95	$47.74	—	NEW	755111507
—	GENERAL ELECTRIC CO	4,634,449	$146M	1.2%	$31.48	$20.25	—	COM	369604103
—	SUNTRUST BKS INC	3,219,295	$132M	1.1%	$41.08	$25.50	—	COM	867914103
MTH	MERITAGE HOMES CORP	3,437,836	$129M	1.1%	$37.54 *	$21.07	-14.0%	COM	59001A102
—	CALATLANTIC GROUP INC	3,493,615	$128M	1.1%	$36.71	$37.70	—	COM	128195104
BP	BP PLC	3,213,039	$114M	0.9%	$35.51	$43.69	—	SPONSORED ADR	055622104
FITB	FIFTH THIRD BANCORP	6,447,822	$113M	0.9%	$17.59 *	$13.51	-5.6%	COM	316773100
GPC	GENUINE PARTS CO	1,013,739	$103M	0.9%	$101.25 *	$52.09	+40.8%	COM	372460105
GD	GENERAL DYNAMICS CORP	598,366	$83.32M	0.7%	$139.24 *	$69.60	+62.4%	COM	369550108
—	BED BATH & BEYOND INC	1,754,564	$75.83M	0.6%	$43.22	$68.12	—	COM	075896100
SYF	SYNCHRONY FINL	2,514,720	$63.57M	0.5%	$25.28 *	$24.91	-6.8%	COM	87165B103
SWK	STANLEY BLACK & DECKER INC	550,789	$61.26M	0.5%	$111.22 *	$66.71	+29.7%	COM	854502101
SPY	SPDR S&P 500 ETF TR TR U	216,130	$45.29M	0.4%	$209.53	$197.91	—	NIT	78462F103
LNC	LINCOLN NATL CORP IND	1,012,778	$39.27M	0.3%	$38.77 *	$24.58	+19.1%	COM	534187109
ABBV	ABBVIE INC	628,033	$38.88M	0.3%	$61.91 *	$22.26	+84.0%	COM	00287Y109
PRU	PRUDENTIAL FINL INC	459,816	$32.8M	0.3%	$71.34 *	$56.39	-13.2%	COM	744320102
VEU	VANGUARD INTL EQUITY INDEX F	498,584	$21.36M	0.2%	$42.85	$44.12	—	ALLWRLD EX US	922042775
SHG	SHINHAN FINANCIAL GROUP CO L	190,726	$6.244M	0.1%	$32.74	$40.32	—	SPN ADR RESTRD	824596100
BCS	BARCLAYS PLC	482,247	$3.665M	0.0%	$7.60	$15.30	—	ADR	06738E204
SNY	SANOFI	78,297	$3.277M	0.0%	$41.85	$40.18	—	SPONSORED ADR	80105N105
HMC	HONDA MOTOR LTD	89,901	$2.277M	0.0%	$25.33	$32.74	—	AMERN SHS	438128308
NVS	NOVARTIS A G	3,600	$297K	0.0%	$82.50	$58.24	—	SPONSORED ADR	66987V109
—	TOTAL S A	2,400	$115K	0.0%	$47.92	$54.22	—	SPONSORED ADR	89151E109