Major Shareholders 

BAY

Name Shares
Held
% Total
Shares Held
Shares
Change
% Chg from
Prior Port
% Total
Assets
Date of
Portfolio
Star Rating
VA CollegeAmerica EuroPacific Gr 529F 11,408,566 1.38 -3,350,000 -22.70 1.17 03/31/2016
Dodge & Cox International Stock 8,199,050 0.99 -120,000 -1.44 1.8 12/31/2015
Vanguard Total Intl Stock Index Inv 8,575,806 1.04 79,348 0.93 0.51 03/31/2016
Artisan International Investor 7,001,803 0.85 682,562 10.80 4.83 03/31/2016
VA CollegeAmerica Cap World G/I 529E 3,895,000 0.47 0 0.00 0.59 03/31/2016
VA CollegeAmerica New Perspective 529E 3,816,388 0.46 -58,612 -1.51 0.8 03/31/2016
iShares MSCI Germany 3,694,149 0.46 -23,564 -0.63 9.06 04/18/2016
WisdomTree Europe Hedged Equity ETF 3,433,101 0.43 -29,568 -0.85 3.09 04/18/2016
Vanguard Developed Markets Idx Admiral 3,161,781 0.38 -6,974 -0.22 0.66 03/31/2016
iShares MSCI Eurozone 2,799,759 0.35 -23,310 -0.83 2.68 04/18/2016
Fidelity® Diversified International 3,110,462 0.37 395,700 14.58 1.6 02/29/2016
MFS International Value A 2,879,956 0.35 0 0.00 1.25 02/29/2016
MFS Instl International Equity 2,255,201 0.27 17,125 0.77 3.34 02/29/2016
Vanguard European Stock Index Inv 1,810,894 0.22 -75,932 -4.02 1.12 03/31/2016
T. Rowe Price Overseas Stock 1,616,673 0.19 21,388 1.34 1.81 12/31/2015
Lazard International Strategic Eq Instl 1,507,537 0.18 461,336 44.10 2.37 03/31/2016
Fidelity® Series International Growth 1,399,100 0.17 35,000 2.57 1.27 02/29/2016
VA CollegeAmerica Invmt Co of Amer 529E 1,200,000 0.15 100,000 9.09 0.21 03/31/2016
SPDR® EURO STOXX 50 ETF 1,153,229 0.14 0 0.00 4.37 04/18/2016
CREF Stock R1 1,230,088 0.15 24,916 2.07 0.12 02/29/2016