Major Shareholders 

MSFT

Name Shares
Held
% Total
Shares Held
Shares
Change
% Chg from
Prior Port
% Total
Assets
Date of
Portfolio
Star Rating
Vanguard Total Stock Mkt Idx 159,744,932 2.07 3,194,648 2.04 1.98 01/31/2017
Vanguard 500 Index Inv 115,310,356 1.49 1,651,381 1.45 2.55 01/31/2017
SPDR® S&P 500 ETF 89,074,597 1.15 63,084 0.07 2.47 02/23/2017
Vanguard Institutional Index I 85,278,066 1.10 318,518 0.37 2.55 01/31/2017
VA CollegeAmerica WA Mutual 529B 79,023,800 1.02 0 0.00 5.9 12/31/2016
PowerShares QQQ ETF 56,863,699 0.74 401,800 0.71 8.16 02/23/2017
VA CollegeAmerica Fundamental Invs 529E 58,004,100 0.75 1,263,100 2.23 4.66 12/31/2016
VA CollegeAmerica Amercn Bal 529E 57,929,407 0.75 1,539,407 2.73 3.71 12/31/2016
VA CollegeAmerica Grth Fund of Amer 529F 52,830,700 0.68 663,100 1.27 2.35 12/31/2016
VA CollegeAmerica Inc Fund of Amer 529E 51,193,209 0.66 0 0.00 3.29 12/31/2016
Fidelity Spartan® 500 Index Inv 43,854,643 0.57 837,942 1.95 2.48 12/31/2016
Fidelity® Contrafund® 42,620,823 0.55 17,700 0.04 2.58 12/31/2016
Vanguard Value Index Inv 35,614,049 0.46 863,626 2.49 4.41 01/31/2017
Vanguard PRIMECAP Inv 34,191,100 0.44 -2,751,800 -7.45 4.4 12/31/2016
Vanguard Wellington™ Inv 31,987,853 0.41 -1,035,230 -3.13 2.09 12/31/2016
Technology Select Sector SPDR® ETF 26,500,286 0.34 12,474 0.05 10.24 02/23/2017
Dodge & Cox Stock 25,147,300 0.33 -850,000 -3.27 2.54 12/31/2016
Vanguard Windsor™ II Inv 24,744,853 0.32 -1,958,861 -7.34 3.26 12/31/2016
CREF Stock R1 24,626,953 0.32 -167,674 -0.68 1.35 12/31/2016
T. Rowe Price Growth Stock 26,042,398 0.33 322,000 1.25 3.32 09/30/2016