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 19,348,666 2.34 -1,947,000 -9.14 2.23 06/30/2015
Dodge & Cox International Stock 9,847,650 1.19 0 0.00 1.98 06/30/2015
VA CollegeAmerica Cap World G/I 529E 8,491,101 1.03 -3,737,075 -30.56 1.49 06/30/2015
Vanguard Total Intl Stock Index Inv 7,108,975 0.87 541,595 8.25 0.58 07/31/2015
Artisan International Investor 5,702,014 0.69 163,253 2.95 3.97 06/30/2015
iShares MSCI Germany 5,291,210 0.61 0 0.00 10.06 08/19/2015
WisdomTree Europe Hedged Equity ETF 5,157,160 0.59 0 0.00 3.41 08/19/2015
VA CollegeAmerica New Perspective 529E 3,875,000 0.47 -810,000 -17.29 0.96 06/30/2015
MFS® International Value A 3,703,655 0.45 79,380 2.19 2.07 06/30/2015
Vanguard Developed Markets Idx Admiral 3,067,431 0.37 57,435 1.91 0.85 07/31/2015
iShares MSCI Eurozone 2,249,099 0.26 0 0.00 2.94 08/19/2015
MFS® Instl International Equity 2,158,679 0.26 108,902 5.31 3.86 06/30/2015
Vanguard European Stock Index Inv 2,036,382 0.25 62,237 3.15 1.39 07/31/2015
VA CollegeAmerica Invmt Co of Amer 529E 1,781,500 0.22 -2,400,000 -57.40 0.36 06/30/2015
American Funds IS® International 3 1,636,326 0.20 -362,800 -18.15 2.97 06/30/2015
T. Rowe Price Overseas Stock 1,579,238 0.19 83,529 5.58 1.99 06/30/2015
SPDR® EURO STOXX 50 ETF 1,570,598 0.18 0 0.00 4.75 08/19/2015
CREF Stock R1 1,393,606 0.17 -12,849 -0.91 0.16 06/30/2015
Oppenheimer Global A 1,166,182 0.14 0 0.00 1.53 06/30/2015
Lazard International Strategic Eq Instl 1,104,330 0.13 71,415 6.91 2.37 06/30/2015