Major Shareholders 

SFM

Name Shares
Held
% Total
Shares Held
Shares
Change
% Chg from
Prior Port
% Total
Assets
Date of
Portfolio
Star Rating
VA CollegeAmerica Amcap 529F 8,285,000 5.50 0 0.00 0.42 06/30/2016
Wells Fargo Growth A 6,420,000 4.26 402,355 6.69 2.15 06/30/2016
VA CollegeAmerica Smcap World 529E 5,862,600 3.89 550,000 10.35 0.53 06/30/2016
T. Rowe Price Mid-Cap Growth 5,500,000 3.65 500,000 10.00 0.51 06/30/2016
Prudential Jennison Mid Cap Growth A 3,840,537 2.59 -62,736 -1.61 1.11 07/31/2016
American Funds IS® Global Small Cap 2 3,176,926 2.11 -550,000 -14.76 2.04 06/30/2016
Vanguard Small Cap Index 3,008,270 2.03 27,706 0.93 0.11 07/31/2016
Vanguard Total Stock Mkt Idx 2,841,540 1.91 25,824 0.92 0.01 07/31/2016
Prudential Jennison Small Company B 2,590,999 1.75 0 0.00 1.79 07/31/2016
T. Rowe Price New Horizons 1,894,160 1.26 -1,512,440 -44.40 0.29 06/30/2016
Vanguard Small Cap Growth Index Inv 1,746,689 1.18 315 0.02 0.25 07/31/2016
Eaton Vance Tx-Mgd Growth 1.2 A 1,657,547 1.10 0 0.00 0.34 06/30/2016
VA CollegeAmerica New Economy 529F 1,630,953 1.08 0 0.00 0.27 06/30/2016
Vanguard Extended Market Idx Inv 1,603,899 1.08 1,878 0.12 0.08 07/31/2016
SPDR® S&P MidCap 400 ETF 1,603,034 1.08 43,110 2.76 0.21 07/31/2016
JPMorgan Growth Advantage A 1,570,380 1.04 0 0.00 0.61 06/30/2016
Fidelity® Growth Company 1,454,200 0.96 0 0.00 0.09 06/30/2016
T. Rowe Price Instl Mid-Cap Equity Gr 1,225,000 0.81 95,000 8.41 0.53 06/30/2016
Fidelity® Select Consumer Staples Port 1,183,829 0.79 0 0.00 0.77 06/30/2016
iShares S&P Mid-Cap 400 Growth 1,094,626 0.73 0 0.00 0.45 08/22/2016