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 21,088,384 2.55 -360,000 -1.68 2.51 06/30/2014
VA CollegeAmerica Cap World G/I 529E 12,457,929 1.51 -438,000 -3.40 2.1 06/30/2014
Dodge & Cox International Stock 9,195,350 1.11 275,000 3.08 2.07 06/30/2014
Artisan International Investor 4,835,791 0.58 128,331 2.73 3.85 06/30/2014
Vanguard Total Intl Stock Index Inv 5,014,941 0.61 94,768 1.93 0.51 08/31/2014
Fidelity® Contrafund® 4,410,557 0.53 -602,400 -12.02 0.55 07/31/2014
iShares MSCI Germany 3,435,299 0.42 0 0.00 9.53 09/12/2014
MFS® International Value A 3,223,784 0.39 117,413 3.78 2.18 07/31/2014
Fidelity® Diversified International 2,735,962 0.33 -152,600 -5.28 1.39 07/31/2014
Vanguard Developed Markets Idx Admiral 2,605,928 0.32 49,655 1.94 0.76 08/31/2014
MFS® Instl International Equity 2,390,766 0.29 0 0.00 4.42 07/31/2014
Fidelity® Series International Growth 2,058,900 0.25 25,000 1.23 2.05 07/31/2014
Vanguard European Stock Index Inv 2,006,753 0.24 -64,050 -3.09 1.24 08/31/2014
iShares MSCI EMU 1,825,707 0.23 0 0.00 2.81 09/12/2014
American Funds IS® International 3 1,704,055 0.21 -159,000 -8.53 3.05 06/30/2014
CREF Stock 1,807,901 0.22 -67,429 -3.60 0.19 07/31/2014
SPDR® EURO STOXX 50 ETF 1,598,498 0.21 -21,489 -1.33 4.52 09/22/2014
T. Rowe Price Overseas Stock 1,422,672 0.17 83,041 6.20 2.12 06/30/2014
Fidelity® International Discovery 1,470,100 0.18 -87,500 -5.62 1.59 07/31/2014
T. Rowe Price International Stock Fd 1,213,300 0.15 0 0.00 1.28 06/30/2014