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 125,034,776 1.52 1,430,630 1.16 1.52 12/31/2014
Vanguard 500 Index Inv 89,413,861 1.08 1,359,648 1.54 2.09 12/31/2014
VA CollegeAmerica WA Mutual 529B 87,367,100 1.06 0 0.00 5.56 12/31/2014
Vanguard Institutional Index I 84,304,892 1.02 699,040 0.84 2.09 12/31/2014
SPDR® S&P 500 ETF 86,455,477 0.93 -1,150,472 -1.31 1.9 01/28/2015
VA CollegeAmerica Inc Fund of Amer 529E 60,346,100 0.73 -500,000 -0.82 3.06 12/31/2014
VA CollegeAmerica Amercn Bal 529E 59,655,000 0.72 -1,250,000 -2.05 3.63 12/31/2014
PowerShares QQQ ETF 64,629,257 0.71 -167,523 -0.26 7.27 01/29/2015
VA CollegeAmerica Fundamental Invs 529E 55,205,000 0.67 -1,000,000 -1.78 3.79 12/31/2014
Dodge & Cox Stock 49,217,900 0.60 -650,000 -1.30 3.79 12/31/2014
Fidelity® Contrafund® 45,538,190 0.55 1,190,876 2.69 1.96 11/30/2014
VA CollegeAmerica Grth Fund of Amer 529F 39,477,600 0.48 -1,835,000 -4.44 1.34 12/31/2014
Vanguard PRIMECAP Inv 39,156,600 0.47 0 0.00 4.09 09/30/2014
Fidelity Spartan® 500 Index Inv 37,216,518 0.45 45,652 0.12 2.07 11/30/2014
CREF Stock 32,737,902 0.40 -1,280,421 -3.76 1.23 11/30/2014
Vanguard Wellington™ Inv 33,743,680 0.41 0 0.00 1.81 09/30/2014
Vanguard Windsor™ II Inv 31,933,045 0.39 -906,000 -2.76 2.98 09/30/2014
Fidelity® Low-Priced Stock 29,000,000 0.35 -1,069,000 -3.56 2.93 10/31/2014
Vanguard Value Index Inv 25,984,359 0.32 662,085 2.61 3.31 12/31/2014
Technology Select Sector SPDR® ETF 27,513,193 0.30 -16,972 -0.06 8.74 01/28/2015