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 156,550,284 2.01 124,495 0.08 1.94 12/31/2016
Vanguard 500 Index Inv 113,658,975 1.46 2,729,928 2.46 2.5 12/31/2016
SPDR® S&P 500 ETF 88,313,124 1.15 -594,528 -0.67 2.48 01/20/2017
Vanguard Institutional Index I 84,959,548 1.09 -1,285,396 -1.49 2.5 12/31/2016
VA CollegeAmerica WA Mutual 529B 79,023,800 1.02 0 0.00 5.9 12/31/2016
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
PowerShares QQQ ETF 57,746,467 0.74 -16,316 -0.03 8.26 01/19/2017
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 43,016,701 0.55 339,046 0.79 2.39 11/30/2016
Fidelity® Contrafund® 42,603,123 0.55 1,683,800 4.11 2.46 11/30/2016
Vanguard Value Index Inv 34,750,423 0.45 551,021 1.61 4.25 12/31/2016
Vanguard PRIMECAP Inv 36,942,900 0.47 -1,524,400 -3.96 4.47 09/30/2016
Vanguard Wellington™ Inv 33,023,083 0.42 -2,199,990 -6.25 2.06 09/30/2016
Dodge & Cox Stock 25,147,300 0.32 -850,000 -3.27 2.54 12/31/2016
Technology Select Sector SPDR® ETF 24,896,223 0.32 -29,085 -0.12 10.47 01/20/2017
Vanguard Windsor™ II Inv 26,703,714 0.34 -1,625,457 -5.74 3.33 09/30/2016
T. Rowe Price Growth Stock 26,042,398 0.33 322,000 1.25 3.32 09/30/2016
CREF Stock R1 24,794,627 0.32 -470,739 -1.86 1.33 11/30/2016