Major Shareholders 

BAY

Name Shares
Held
% Total
Shares Held
Shares
Change
% Chg from
Prior Port
% Total
Assets
Date of
Portfolio
Star Rating
Dodge & Cox International Stock 10,360,950 1.25 2,241,000 27.60 1.99 12/31/2016
Vanguard Total Intl Stock Index Inv 9,667,588 1.16 138,498 1.45 0.43 12/31/2016
VA CollegeAmerica EuroPacific Gr 529F 8,650,500 1.04 764,500 9.69 0.79 12/31/2016
Harbor International Institutional 4,849,548 0.59 -51,821 -1.06 1.26 09/30/2016
VA CollegeAmerica New Perspective 529E 4,016,388 0.48 0 0.00 0.73 12/31/2016
Vanguard Developed Markets Idx Admiral 3,458,276 0.42 106,360 3.17 0.53 12/31/2016
Fidelity® Diversified International 3,755,262 0.45 -7,800 -0.21 1.92 11/30/2016
iShares MSCI Germany 2,851,083 0.36 0 0.00 7.71 01/18/2017
T. Rowe Price International Stock 2,797,517 0.34 461,333 19.75 1.8 09/30/2016
WisdomTree Europe Hedged Equity ETF 2,532,934 0.32 -4,080 -0.16 3.02 01/20/2017
VA CollegeAmerica Cap World G/I 529E 2,452,000 0.30 1,515,000 161.69 0.33 12/31/2016
MFS International Value A 2,652,771 0.32 0 0.00 1.03 11/30/2016
MFS Instl International Equity 2,410,767 0.29 -14,864 -0.61 3.02 11/30/2016
Fidelity® Series International Growth 2,378,700 0.29 279,800 13.33 1.75 11/30/2016
T. Rowe Price Overseas Stock 2,227,213 0.27 113,884 5.39 1.83 09/30/2016
iShares MSCI Eurozone 1,602,770 0.20 0 0.00 2.34 01/18/2017
Harding Loevner International Eq Instl 1,594,200 0.19 696,100 77.51 2.35 09/30/2016
Vanguard European Stock Index Inv 1,493,055 0.18 -3,008 -0.20 0.99 12/31/2016
BlackRock EAFE® Equity Index T 1,324,302 0.16 1,324,302 New 0.7 12/31/2016
CREF Stock R1 1,240,947 0.15 5,128 0.41 0.1 11/30/2016