Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	12,033,623	$344M	5.0%	$27.90	-19.8%	COM	594918104
INTC	INTEL CORP	15,401,441	$337M	4.9%	$21.94	-30.2%	COM	458140100
IBM	INTERNATIONAL BUSINESS MACHS	1,556,847	$332M	4.9%	$161.64	-27.0%	COM	459200101
C	CITIGROUP INC	6,567,550	$291M	4.2%	$34.98	-7.5%	COM N	172967424
GD	GENERAL DYNAMICS CORP	4,033,099	$284M	4.2%	$66.90	-22.6%	COM	369550108
JPM	JPMORGAN CHASE & CO	5,912,679	$281M	4.1%	$40.53	-16.1%	COM	46625H100
BAC	BANK OF AMERICA CORPORATION	20,770,290	$253M	3.7%	$11.46	-18.8%	COM	060505104
MET	METLIFE INC	6,070,307	$231M	3.4%	$36.69	-40.5%	COM	59156R108
JNJ	JOHNSON & JOHNSON	2,824,214	$230M	3.4%	$62.78	-15.9%	COM	478160104
UNH	UNITEDHEALTH GROUP INC	3,848,560	$220M	3.2%	$45.07	-1.1%	COM	91324P102
GLW	CORNING INC	16,440,311	$219M	3.2%	$15.16	-40.7%	COM	219350105
SPY	SPDR S&P 500 ETF TR TR U	1,257,110	$197M	2.9%	$149.21	—	NIT	78462F103
—	ST JUDE MED INC	4,768,156	$193M	2.8%	$37.51	—	COM	790849103
—	WELLPOINT INC	2,899,536	$192M	2.8%	$61.59	—	COM	94973V107
—	MEDTRONIC INC	4,086,311	$192M	2.8%	$38.89	—	COM	585055106
BP	BP PLC	4,430,966	$188M	2.7%	$43.69	—	SPONS	055622104
—	NOBLE CORPORATION BAAR	4,459,596	$170M	2.5%	$33.16	—	NAMEN	H5833N103
GS	GOLDMAN SACHS GROUP INC	1,143,604	$168M	2.5%	$144.69	-20.1%	COM	38141G104
OMC	OMNICOM GROUP INC	2,842,704	$167M	2.4%	$45.62	-19.2%	COM	681919106
WMT	WAL-MART STORES INC	2,116,912	$158M	2.3%	$50.14	-63.5%	COM	931142103
—	SUNTRUST BKS INC	5,487,734	$158M	2.3%	$25.24	—	COM	867914103
—	GENERAL ELECTRIC CO	6,544,586	$151M	2.2%	$19.30	—	COM	369604103
—	APACHE CORP	1,930,789	$149M	2.2%	$108.19	—	COM	037411105
LNC	LINCOLN NATL CORP IND	4,116,646	$134M	2.0%	$24.58	-19.9%	COM	534187109
VLO	VALERO ENERGY CORP NEW	2,884,399	$131M	1.9%	$28.43	-14.1%	COM	91913Y100
OXY	OCCIDENTAL PETE CORP DEL	1,589,871	$125M	1.8%	$95.63	-43.5%	COM	674599105
—	AETNA INC NEW	2,385,334	$122M	1.8%	$41.06	—	COM	00817Y108
—	RAYTHEON CO COM	2,014,180	$118M	1.7%	$47.74	—	NEW	755111507
GPC	GENUINE PARTS CO	1,477,657	$115M	1.7%	$51.75	-5.9%	COM	372460105
WDC	WESTERN DIGITAL CORP	2,289,137	$115M	1.7%	$35.97	-19.8%	COM	958102105
PRU	PRUDENTIAL FINL INC	1,887,224	$111M	1.6%	$56.56	-39.6%	COM	744320102
—	SANDISK CORP	1,939,161	$107M	1.6%	$48.34	—	COM	80004C101
—	DELPHI AUTOMOTIVE PLC	2,283,092	$101M	1.5%	$37.37	—	SHS	G27823106
SRE	SEMPRA ENERGY	1,081,484	$86.45M	1.3%	$52.27	-51.1%	COM	816851109
PFE	PFIZER INC	2,812,282	$81.16M	1.2%	$18.48	-17.0%	COM	717081103
—	ENSCO PLC SHS	1,212,612	$72.76M	1.1%	$55.65	—	CLASS	G3157S106
UNM	UNUM GROUP	1,861,900	$52.6M	0.8%	$24.02	+1.9%	COM	91529Y106
CVX	CHEVRON CORP NEW	413,307	$49.11M	0.7%	$95.00	-28.5%	COM	166764100
—	CIGNA CORPORATION	672,409	$41.98M	0.6%	$61.80	—	COM	125509109
—	DELL INC	2,424,800	$34.75M	0.5%	$14.26	—	COM	24702R101
ABBV	ABBVIE INC	784,239	$31.98M	0.5%	$22.26	0.0%	COM	00287Y109
SWK	STANLEY BLACK & DECKER INC	368,868	$29.87M	0.4%	$72.36	-22.4%	COM	854502101
VEU	VANGUARD INTL EQUITY INDEX F	491,184	$22.79M	0.3%	$42.95	—	ALLWR	922042775
MDLZ	MONDELEZ INTL INC	600,000	$18.37M	0.3%	$25.47	-17.3%	CL A	609207105
—	ROYAL DUTCH SHELL PLC	279,005	$18.18M	0.3%	$67.43	—	SPONS	780259206
EWZ	ISHARES INC	72,482	$3.949M	0.1%	$59.44	—	MSCI	464286400
BCS	BARCLAYS PLC	194,700	$3.458M	0.1%	$17.52	—	ADR	06738E204
SNY	SANOFI	54,500	$2.784M	0.0%	$33.99	—	SPONS	80105N105
SHG	SHINHAN FINANCIAL GROUP CO L	71,500	$2.567M	0.0%	$36.64	—	SPN A	824596100
HMC	HONDA MOTOR LTD	65,400	$2.502M	0.0%	$37.26	—	AMERN	438128308
WFC	WELLS FARGO & CO NEW	61,400	$2.271M	0.0%	$24.12	+3.1%	COM	949746101
XOM	EXXON MOBIL CORP	16,471	$1.484M	0.0%	$73.11	-27.5%	COM	30231G102
NVS	NOVARTIS A G	4,400	$313K	0.0%	$57.51	—	SPONS	66987V109
—	TOTAL S A	4,200	$202K	0.0%	$54.22	—	SPONS	89151E109
—	VODAFONE GROUP PLC NEW	6,909	$196K	0.0%	$28.27	—	SPONS	92857W209
—	GLAXOSMITHKLINE PLC	2,800	$131K	0.0%	$39.35	—	SPONS	37733W105
—	CHINA PETE & CHEM CORP	900	$105K	0.0%	$95.38	—	SPON	16941R108