Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
INTC	INTEL CORP	10,991,971	$293M	5.9%	$23.23	—	COM	458140100
MSFT	MICROSOFT CORP	9,194,391	$281M	5.6%	$28.31	—	COM	594918104
IBM	INTERNATIONAL BUSINESS MACHS	1,345,916	$263M	5.3%	$156.13	—	COM	459200101
PFE	PFIZER INC	10,700,830	$246M	4.9%	$18.29	—	COM	717081103
MRK	MERCK & CO INC NEW	5,882,827	$246M	4.9%	$36.65	—	COM	58933Y105
GD	GENERAL DYNAMICS CORP	2,964,134	$196M	3.9%	$69.22	—	COM	369550108
UNH	UNITEDHEALTH GROUP INC	3,282,950	$192M	3.9%	$43.88	—	COM	91324P102
JPM	JPMORGAN CHASE & CO	5,087,400	$182M	3.7%	$40.92	—	COM	46625H100
BP	BP PLC	4,421,966	$179M	3.6%	$43.69	—	SPONS	055622104
JNJ	JOHNSON & JOHNSON	2,391,161	$162M	3.2%	$62.73	—	COM	478160104
WMT	WAL MART STORES INC	2,299,300	$160M	3.2%	$54.81	—	COM	931142103
GLW	CORNING INC	11,837,374	$153M	3.1%	$16.51	—	COM	219350105
—	ST JUDE MED INC	3,798,112	$152M	3.0%	$37.19	—	COM	790849103
—	WELLPOINT INC	2,227,353	$142M	2.9%	$61.53	—	COM	94973V107
—	APACHE CORP	1,561,465	$137M	2.8%	$114.77	—	COM	037411105
OMC	OMNICOM GROUP INC	2,817,400	$137M	2.8%	$45.62	—	COM	681919106
MET	METLIFE INC	4,410,790	$136M	2.7%	$38.88	—	COM	59156R108
—	MEDTRONIC INC	3,295,635	$128M	2.6%	$37.82	—	COM	585055106
OXY	OCCIDENTAL PETE CORP DEL	1,403,487	$120M	2.4%	$97.93	—	COM	674599105
—	NOBLE CORPORATION BAAR	3,538,933	$115M	2.3%	$32.40	—	NAMEN	H5833N103
—	GENERAL ELECTRIC CO	5,249,252	$109M	2.2%	$18.61	—	COM	369604103
GS	GOLDMAN SACHS GROUP INC	1,104,598	$106M	2.1%	$148.75	—	COM	38141G104
—	RAYTHEON CO	1,790,048	$101M	2.0%	$46.32	—	COM N	755111507
—	SUNTRUST BKS INC	4,143,467	$100M	2.0%	$24.20	—	COM	867914103
GPC	GENUINE PARTS CO	1,612,548	$97.16M	2.0%	$51.75	—	COM	372460105
LNC	LINCOLN NATL CORP IND	3,847,561	$84.15M	1.7%	$24.61	—	COM	534187109
SRE	SEMPRA ENERGY	1,068,200	$73.58M	1.5%	$52.61	—	COM	816851109
—	PARTNERRE LTD	943,729	$71.41M	1.4%	$76.08	—	COM	G6852T105
—	VODAFONE GROUP PLC NEW	1,979,200	$55.77M	1.1%	$28.27	—	SPONS	92857W209
—	KRAFT FOODS INC	1,438,300	$55.55M	1.1%	$31.80	—	CL A	50075N104
—	SANDISK CORP	1,470,500	$53.64M	1.1%	$48.89	—	COM	80004C101
ABT	ABBOTT LABS	799,239	$51.53M	1.0%	$48.04	—	COM	002824100
VLO	VALERO ENERGY CORP NEW	2,121,358	$51.23M	1.0%	$27.60	—	COM	91913Y100
SPY	SPDR S&P 500 ETF TR	359,800	$49.03M	1.0%	$129.29	—	TR UN	78462F103
PRU	PRUDENTIAL FINL INC	959,800	$46.48M	0.9%	$61.73	—	COM	744320102
—	ROYAL DUTCH SHELL PLC	673,023	$45.38M	0.9%	$67.43	—	SPONS	780259206
CVX	CHEVRON CORP NEW	414,201	$43.7M	0.9%	$95.34	—	COM	166764100
WDC	WESTERN DIGITAL CORP	1,192,600	$36.35M	0.7%	$33.87	—	COM	958102105
UNM	UNUM GROUP	1,858,200	$35.55M	0.7%	$24.02	—	COM	91529Y106
—	DELL INC	2,424,800	$30.36M	0.6%	$14.26	—	COM	24702R101
—	DELPHI AUTOMOTIVE PLC	478,894	$12.21M	0.2%	$29.73	—	SHS	G27823106
VEU	VANGUARD INTL EQUITY INDEX F	273,793	$11.22M	0.2%	$40.92	—	ALLWR	922042775
EWY	ISHARES INC	166,900	$9.148M	0.2%	$53.20	—	MSCI	464286772
EWZ	ISHARES INC	83,100	$4.305M	0.1%	$62.84	—	MSCI	464286400
—	BARCLAYS BANK PLC	160,900	$3.99M	0.1%	$21.14	—	SP AD	06739H776
WFC	WELLS FARGO & CO NEW	89,100	$2.98M	0.1%	$24.12	—	COM	949746101
SWK	STANLEY BLACK & DECKER INC	40,900	$2.632M	0.1%	$67.60	—	COM	854502101
—	VANGUARD INDEX FDS	39,600	$2.466M	0.0%	$62.27	—	S&P 5	922908413
BCS	BARCLAYS PLC ADR	235,800	$2.429M	0.0%	$17.51	—	ADR	06738E204
HMC	HONDA MOTOR LTD	57,800	$2.003M	0.0%	$37.63	—	AMERN	438128308
SNY	SANOFI	49,200	$1.859M	0.0%	$32.23	—	SPONS	80105N105
XOM	EXXON MOBIL CORP	21,671	$1.854M	0.0%	$73.11	—	COM	30231G102
—	ROYAL BK SCOTLAND GROUP PLC	70,286	$1.614M	0.0%	$16.97	—	SPON	780097804
—	ROYAL BK SCOTLAND GROUP PLC	72,559	$1.59M	0.0%	$16.35	—	SPON	780097879
—	BARCLAYS BK PLC	12,500	$301K	0.0%	$19.52	—	ADR 2	06739F390
NVS	NOVARTIS A G	4,400	$246K	0.0%	$57.51	—	SPONS	66987V109
—	TOTAL S A	4,200	$189K	0.0%	$54.22	—	SPONS	89151E109
SAN	BANCO SANTANDER SA ADR	27,291	$179K	0.0%	$7.66	—	ADR	05964H105
—	GLAXOSMITHKLINE PLC	2,800	$128K	0.0%	$39.35	—	SPONS	37733W105
—	CHINA PETE & CHEM CORP SPON	900	$80,000	0.0%	$95.38	—	ASHS	16941R108
—	NATIONAL WESTMINSTER BK PLC	3,030	$68,000	0.0%	$16.83	—	SPON	638539882