Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PFE	PFIZER INC	9,699,330	$210M	5.0%	$17.83	—	COM	717081103
IBM	INTERNATIONAL BUSINESS MACHS	1,137,416	$209M	5.0%	$147.16	—	COM	459200101
MSFT	MICROSOFT CORP	7,510,791	$195M	4.7%	$27.56	—	COM	594918104
INTC	INTEL CORP	7,752,971	$188M	4.5%	$21.55	—	COM	458140100
MRK	MERCK & CO INC NEW	4,925,327	$186M	4.4%	$36.13	—	COM	58933Y105
BP	BP PLC SPONSORED	4,332,866	$185M	4.4%	$43.67	—	ADR	055622104
GD	GENERAL DYNAMICS CORP	2,442,334	$162M	3.9%	$68.66	—	COM	369550108
UNH	UNITEDHEALTH GROUP INC	3,083,050	$156M	3.7%	$42.91	—	COM	91324P102
XOM	EXXON MOBIL CORP	1,799,500	$153M	3.6%	$73.11	—	COM	30231G102
JNJ	JOHNSON & JOHNSON	2,120,461	$139M	3.3%	$62.26	—	COM	478160104
CVX	CHEVRON CORP NEW	1,210,510	$129M	3.1%	$95.34	—	COM	166764100
WMT	WAL MART STORES INC	2,128,800	$127M	3.0%	$54.15	—	COM	931142103
—	ROYAL DUTCH SHELL PLC	1,665,391	$127M	3.0%	$67.09	—	SPON	780259107
OMC	OMNICOM GROUP INC	2,825,900	$126M	3.0%	$45.62	—	COM	681919106
GLW	CORNING INC	9,608,174	$125M	3.0%	$17.15	—	COM	219350105
—	WELLPOINT INC	1,874,153	$124M	3.0%	$59.48	—	COM	94973V107
—	APACHE CORP	1,264,165	$115M	2.7%	$120.10	—	COM	037411105
MET	METLIFE INC	3,650,390	$114M	2.7%	$39.67	—	COM	59156R108
—	MEDTRONIC INC	2,754,935	$105M	2.5%	$37.58	—	COM	585055106
OXY	OCCIDENTAL PETE CORP DEL	1,120,087	$105M	2.5%	$98.62	—	COM	674599105
GPC	GENUINE PARTS CO	1,641,948	$100M	2.4%	$51.75	—	COM	372460105
SPY	SPDR S&P 500 ETF TR	754,200	$94.65M	2.3%	$125.50	—	TR U	78462F103
—	ST JUDE MED INC	2,565,996	$88.01M	2.1%	$34.30	—	COM	790849103
—	NOBLE CORPORATION BAAR	2,904,333	$87.77M	2.1%	$31.62	—	NAME	H5833N103
—	RAYTHEON CO	1,796,548	$86.92M	2.1%	$46.32	—	COM	755111507
GS	GOLDMAN SACHS GROUP INC	929,398	$84.05M	2.0%	$154.87	—	COM	38141G104
JPM	JPMORGAN CHASE & CO	2,314,700	$76.96M	1.8%	$41.91	—	COM	46625H100
—	GENERAL ELECTRIC CO	4,252,152	$76.16M	1.8%	$18.22	—	COM	369604103
LNC	LINCOLN NATL CORP IND	3,847,561	$74.72M	1.8%	$24.61	—	COM	534187109
SRE	SEMPRA ENERGY	1,068,200	$58.75M	1.4%	$52.61	—	COM	816851109
—	VODAFONE GROUP PLC NEW	1,981,600	$55.54M	1.3%	$28.27	—	SPON	92857W209
—	KRAFT FOODS INC	1,438,300	$53.73M	1.3%	$31.80	—	CL A	50075N104
—	PARTNERRE LTD	769,729	$49.42M	1.2%	$77.56	—	COM	G6852T105
ABT	ABBOTT LABS	827,339	$46.52M	1.1%	$48.04	—	COM	002824100
UNM	UNUM GROUP	1,858,200	$39.15M	0.9%	$24.02	—	COM	91529Y106
WDC	WESTERN DIGITAL CORP	1,192,600	$36.91M	0.9%	$33.87	—	COM	958102105
VLO	VALERO ENERGY CORP NEW	1,641,658	$34.56M	0.8%	$28.25	—	COM	91913Y100
—	DELL INC	1,909,300	$27.93M	0.7%	$13.63	—	COM	24702R101
EWY	ISHARES INC	121,520	$6.312M	0.2%	$51.94	—	MSCI	464286772
VEU	VANGUARD INTL EQUITY INDEX F	144,500	$5.729M	0.1%	$39.65	—	ALLW	922042775
SNY	SANOFI	89,000	$3.252M	0.1%	$32.23	—	SPON	80105N105
—	BARCLAYS BANK PLC	160,900	$3.181M	0.1%	$21.14	—	SP A	06739H776
—	TOTAL S A	59,600	$3.046M	0.1%	$54.22	—	SPON	89151E109
SWK	STANLEY BLACK & DECKER INC	44,200	$2.988M	0.1%	$67.60	—	COM	854502101
BCS	BARCLAYS PLC	235,800	$2.591M	0.1%	$17.51	—	ADR	06738E204
WFC	WELLS FARGO & CO NEW	89,100	$2.456M	0.1%	$24.12	—	COM	949746101
HMC	HONDA MOTOR LTD	57,800	$1.766M	0.0%	$37.63	—	AMER	438128308
EWZ	ISHARES INC	29,860	$1.703M	0.0%	$57.03	—	MSCI	464286400
—	ROYAL BK SCOTLAND GROUP PLC	70,286	$1.193M	0.0%	$16.97	—	SPON	780097804
—	ROYAL BK SCOTLAND GROUP PLC	72,559	$1.186M	0.0%	$16.35	—	SPON	780097879
NVS	NOVARTIS A G	4,400	$252K	0.0%	$57.51	—	SPON	66987V109
—	BARCLAYS BK PLC	12,500	$229K	0.0%	$19.52	—	ADR	06739F390
—	GLAXOSMITHKLINE PLC	2,800	$128K	0.0%	$39.35	—	SPON	37733W105
—	CHINA PETE & CHEM CORP	1,100	$116K	0.0%	$95.38	—	SPON	16941R108
—	NATIONAL WESTMINSTER BK PLC	3,030	$51,000	0.0%	$16.83	—	SPON	638539882
SAN	BANCO SANTANDER SA	320	$2,000	0.0%	$10.73	—	ADR	05964H105