13F-HR 1 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/2012 Check here if Amendment []; Amendment Number: ------- This Amendment (Check only one.): [] is a restatement. [] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Bridgewater Associates, LP Address: One Glendinning Place Westport, CT 06880 Form 13F File Number: 28-11794 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Helene Glotzer Title: Chief Compliance Officer Phone: 203-226-3030 Signature, Place, and Date of Signing: /s/ Helene Glotzer Westport, CT 2/13/2013 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 211 Form 13F Information Table Value Total: $ 9,816,206 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ----------------------------------- -------------- --------- --------- ----------------- ---------- -------- ----------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ----------------------------------- -------------- --------- --------- -------- --- ---- ---------- -------- -------- ------ ------- AES CORP COM 00130H105 8,126 759475 SH SOLE N/A 759475 0 0 AGCO CORP COM 001084102 516 10499 SH SOLE N/A 10499 0 0 AGNICO-EAGLE MINES LTD COM 008474108 1,597 30441 SH SOLE N/A 30441 0 0 ALLERGAN INC COM 018490102 12,835 139919 SH SOLE N/A 139919 0 0 American Eagle Outfitters Inc COM 02553E106 346 16868 SH SOLE N/A 16868 0 0 AMERICAN EXPRESS CO COM 025816109 3,538 61557 SH SOLE N/A 61557 0 0 American Tower Corp COM 03027X100 989 12799 SH SOLE N/A 12799 0 0 AMERISOURCEBERGEN CORP COM 03073E105 4,716 109210 SH SOLE N/A 109210 0 0 AMGEN INC COM 031162100 2,482 28797 SH SOLE N/A 28797 0 0 Apollo Group Inc CL A 037604105 38,695 1849684 SH SOLE N/A 1849684 0 0 AT&T Inc COM 00206R102 2,393 71000 SH SOLE N/A 71000 0 0 AUTOZONE INC COM 053332102 5,984 16884 SH SOLE N/A 16884 0 0 AVALONBAY COMMUNITIES INC COM 053484101 1,428 10535 SH SOLE N/A 10535 0 0 BANK OF AMERICA CORP COM 060505104 1,570 135191 SH SOLE N/A 135191 0 0 Bank of New York Mellon Corp/T COM 064058100 1,033 40189 SH SOLE N/A 40189 0 0 BARRICK GOLD CORP COM 067901108 5,962 170290 SH SOLE N/A 170290 0 0 BB&T Corp COM 054937107 2,212 76000 SH SOLE N/A 76000 0 0 BECTON DICKINSON & CO COM 075887109 2,758 35278 SH SOLE N/A 35278 0 0 BED BATH & BEYOND INC COM 075896100 4,472 79978 SH SOLE N/A 79978 0 0 BERKSHIRE HATHAWAY INC-CL B CL B NEW 084670702 8,040 89627 SH SOLE N/A 89627 0 0 BIOGEN IDEC INC COM 09062X103 2,673 18260 SH SOLE N/A 18260 0 0 BMC SOFTWARE INC COM 055921100 12,033 303712 SH SOLE N/A 303712 0 0 BOEING CO COM 097023105 1,118 14841 SH SOLE N/A 14841 0 0 BOSTON SCIENTIFIC CORP COM 101137107 245 42784 SH SOLE N/A 42784 0 0 BRISTOL-MYERS SQUIBB CO COM 110122108 1,605 49240 SH SOLE N/A 49240 0 0 Broadcom Corp CL A 111320107 13,476 405775 SH SOLE N/A 405775 0 0 CA INC COM 12673P105 23,987 1091323 SH SOLE N/A 1091323 0 0 CAMPBELL SOUP CO COM 134429109 4,399 126082 SH SOLE N/A 126082 0 0 CANADIAN NATURAL RESOURCES COM 136385101 7,346 256500 SH SOLE N/A 256500 0 0 CAPITAL ONE FINANCIAL CORP COM 14040H105 976 16849 SH SOLE N/A 16849 0 0 CARDINAL HEALTH INC COM 14149Y108 4,760 115600 SH SOLE N/A 115600 0 0 CELGENE CORP COM 151020104 6,661 84881 SH SOLE N/A 84881 0 0 CENOVUS ENERGY INC-W/I COM 15135U109 5,979 179600 SH SOLE N/A 179600 0 0 CENTERPOINT ENERGY INC COM 15189T107 1,028 53402 SH SOLE N/A 53402 0 0 CH Robinson Worldwide Inc COM NEW 12541W209 526 8319 SH SOLE N/A 8319 0 0 Charles Schwab Corp/The COM 808513105 2,392 166541 SH SOLE N/A 166541 0 0 Chevron Corp COM 166764100 2,632 24335 SH SOLE N/A 24335 0 0 CHUBB CORP COM 171232101 7,814 103749 SH SOLE N/A 103749 0 0 Cigna Corp COM 125509109 1,088 20359 SH SOLE N/A 20359 0 0 CISCO SYSTEMS INC COM 17275R102 11,636 592180 SH SOLE N/A 592180 0 0 CITIGROUP INC COM NEW 172967424 1,128 28522 SH SOLE N/A 28522 0 0 CITRIX SYSTEMS INC COM 177376100 2,537 38667 SH SOLE N/A 38667 0 0 CME GROUP INC COM 12572Q105 466 9200 SH SOLE N/A 9200 0 0 COACH INC COM 189754104 7,226 130169 SH SOLE N/A 130169 0 0 COCA-COLA CO/THE COM 191216100 11,245 310200 SH SOLE N/A 310200 0 0 COLGATE-PALMOLIVE CO COM 194162103 11,057 105766 SH SOLE N/A 105766 0 0 CONAGRA FOODS INC COM 205887102 3,250 110169 SH SOLE N/A 110169 0 0 CONSOLIDATED EDISON INC COM 209115104 3,977 71600 SH SOLE N/A 71600 0 0 CORNING INC COM 219350105 8,690 688575 SH SOLE N/A 688575 0 0 Covidien Plc SHS G2554F113 4,544 78696 SH SOLE N/A 78696 0 0 CSX CORP COM 126408103 1,271 64400 SH SOLE N/A 64400 0 0 CVS CAREMARK CORP COM 126650100 29,636 612946 SH SOLE N/A 612946 0 0 CYPRESS SEMICONDUCTOR CORP COM 232806109 363 33491 SH SOLE N/A 33491 0 0 DANAHER CORP COM 235851102 1,026 18349 SH SOLE N/A 18349 0 0 DaVita HealthCare Partners Inc COM 23918K108 1,050 9496 SH SOLE N/A 9496 0 0 DELL INC COM 24702R101 14,498 1429805 SH SOLE N/A 1429805 0 0 Dillard's Inc CL A 254067101 357 4256 SH SOLE N/A 4256 0 0 DIRECTV COM 25490A309 9,619 191772 SH SOLE N/A 191772 0 0 DOLLAR TREE INC COM 256746108 8,389 206822 SH SOLE N/A 206822 0 0 DOVER CORP COM 260003108 1,871 28479 SH SOLE N/A 28479 0 0
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ----------------------------------- -------------- --------- --------- ----------------- ---------- -------- ----------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ----------------------------------- -------------- --------- --------- -------- --- ---- ---------- -------- -------- ------ ------- Eastman Chemical Co COM 277432100 1,640 24107 SH SOLE N/A 24107 0 0 Elan Corp PLC ADR 284131208 11,087 1085883 SH SOLE N/A 1085883 0 0 Eldorado Gold Corp COM 284902103 1,616 126234 SH SOLE N/A 126234 0 0 ELI LILLY & CO COM 532457108 688 13942 SH SOLE N/A 13942 0 0 EMC Corp/Massachusetts COM 268648102 16,888 667500 SH SOLE N/A 667500 0 0 ENBRIDGE INC COM 29250N105 8,849 205700 SH SOLE N/A 205700 0 0 ENCANA CORP COM 292505104 3,861 196400 SH SOLE N/A 196400 0 0 EQUITY RESIDENTIAL SH BEN INT 29476L107 2,563 45234 SH SOLE N/A 45234 0 0 Estee Lauder Cos Inc/The CL A 518439104 5,377 89834 SH SOLE N/A 89834 0 0 EXELON CORP COM 30161N101 9,989 335869 SH SOLE N/A 335869 0 0 Express Scripts Holding Co COM 30219G108 7,748 143488 SH SOLE N/A 143488 0 0 EXXON MOBIL CORP COM 30231G102 4,371 50500 SH SOLE N/A 50500 0 0 F5 Networks Inc COM 315616102 5,001 51477 SH SOLE N/A 51477 0 0 FIFTH THIRD BANCORP COM 316773100 190 12500 SH SOLE N/A 12500 0 0 FOSSIL INC COM 349882100 3,496 37556 SH SOLE N/A 37556 0 0 FRANKLIN RESOURCES INC COM 354613101 3,072 24438 SH SOLE N/A 24438 0 0 FREEPORT-MCMORAN COPPER COM 35671D857 15,917 465400 SH SOLE N/A 465400 0 0 GAP INC/THE COM 364760108 6,352 204639 SH SOLE N/A 204639 0 0 Gardner Denver Inc COM 365558105 403 5878 SH SOLE N/A 5878 0 0 GENERAL DYNAMICS CORP COM 369550108 7,144 103130 SH SOLE N/A 103130 0 0 GENERAL MILLS INC COM 370334104 4,871 120506 SH SOLE N/A 120506 0 0 GOLDCORP INC COM 380956409 5,204 141789 SH SOLE N/A 141789 0 0 Goldman Sachs Group Inc/The COM 38141G104 5,168 40517 SH SOLE N/A 40517 0 0 GOODYEAR TIRE & RUBBER CO COM 382550101 4,636 335706 SH SOLE N/A 335706 0 0 HELMERICH & PAYNE COM 423452101 5,931 105900 SH SOLE N/A 105900 0 0 Hershey Co/The COM 427866108 1,799 24909 SH SOLE N/A 24909 0 0 HEWLETT-PACKARD CO COM 428236103 29,415 2064200 SH SOLE N/A 2064200 0 0 HJ HEINZ CO COM 423074103 2,163 37500 SH SOLE N/A 37500 0 0 HollyFrontier Corp COM 436106108 13,604 292251 SH SOLE N/A 292251 0 0 HOME DEPOT INC COM 437076102 2,399 38780 SH SOLE N/A 38780 0 0 HUMANA INC COM 444859102 4,483 65324 SH SOLE N/A 65324 0 0 IMPERIAL OIL LTD COM NEW 453038408 10,251 239900 SH SOLE N/A 239900 0 0 INTEL CORP COM 458140100 15,592 756153 SH SOLE N/A 756153 0 0 INTERNATIONAL PAPER CO COM 460146103 4,274 107272 SH SOLE N/A 107272 0 0 INTUIT INC COM 461202103 2,072 34841 SH SOLE N/A 34841 0 0 Intuitive Surgical Inc COM NEW 46120E602 3,349 6829 SH SOLE N/A 6829 0 0 iShares Core S&P 500 ETF CORE S&P500 464287200 25,050 175000 SH SOLE N/A 0 0 175000 ETF ISHARES IBOXX INV GR CORP BD IBOXX INV CPBD 464287242 44,011 363755 SH SOLE N/A 363755 0 0 ISHARES MSCI BRAZIL MSCI BRAZIL 464286400 159,623 2853469 SH SOLE N/A 2853469 0 0 ISHARES MSCI EMERGING MKT MSCI EMERG MKT 464287234 2,516,430 56740252 SH SOLE N/A 56572755 0 167497 JABIL CIRCUIT INC COM 466313103 1,694 87816 SH SOLE N/A 87816 0 0 JACK IN THE BOX INC COM 466367109 201 7018 SH SOLE N/A 7018 0 0 JB Hunt Transport Services Inc COM 445658107 352 5889 SH SOLE N/A 5889 0 0 JOHNSON & JOHNSON COM 478160104 11,966 170693 SH SOLE N/A 170693 0 0 JPMorgan Chase & Co COM 46625H100 683 15534 SH SOLE N/A 15534 0 0 JUNIPER NETWORKS INC COM 48203R104 2,105 107015 SH SOLE N/A 107015 0 0 KELLOGG CO COM 487836108 3,452 61800 SH SOLE N/A 61800 0 0 KEYCORP COM 493267108 95 11342 SH SOLE N/A 11342 0 0 KIMBERLY-CLARK CORP COM 494368103 7,425 87943 SH SOLE N/A 87943 0 0 KINROSS GOLD CORP COM NO PAR 496902404 1,997 206700 SH SOLE N/A 206700 0 0 Kla-Tencor Corp COM 482480100 5,822 121899 SH SOLE N/A 121899 0 0 Kohl's Corp COM 500255104 13,355 310720 SH SOLE N/A 310720 0 0 Kroger Co/The COM 501044101 11,079 425776 SH SOLE N/A 425776 0 0 Laboratory Corp of America Holdings COM NEW 50540R409 5,053 58338 SH SOLE N/A 58338 0 0 LAM RESEARCH CORP COM 512807108 1,695 46904 SH SOLE N/A 46904 0 0 LEGGETT & PLATT INC COM 524660107 360 13238 SH SOLE N/A 13238 0 0 Liberty Interactive Corp INT COM SER A 53071M104 2,854 145011 SH SOLE N/A 145011 0 0 Life Technologies Corp COM 53217V109 7,065 144088 SH SOLE N/A 144088 0 0 LINCOLN NATIONAL CORP COM 534187109 893 34497 SH SOLE N/A 34497 0 0
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ----------------------------------- -------------- --------- --------- ----------------- ---------- -------- ----------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ----------------------------------- -------------- --------- --------- -------- --- ---- ---------- -------- -------- ------ ------- LINEAR TECHNOLOGY CORP COM 535678106 1,400 40811 SH SOLE N/A 40811 0 0 LOCKHEED MARTIN CORP COM 539830109 4,592 49758 SH SOLE N/A 49758 0 0 Lorillard Inc COM 544147101 1,566 13426 SH SOLE N/A 13426 0 0 Ltd Brands Inc COM 532716107 5,263 111826 SH SOLE N/A 111826 0 0 Macy's Inc COM 55616P104 6,077 155728 SH SOLE N/A 155728 0 0 ManpowerGroup COM 56418H100 348 8191 SH SOLE N/A 8191 0 0 Marriott International Inc/DE CL A 571903202 8,413 225736 SH SOLE N/A 225736 0 0 Marsh & McLennan Cos Inc COM 571748102 2,039 59146 SH SOLE N/A 59146 0 0 MASCO CORP COM 574599106 355 21300 SH SOLE N/A 21300 0 0 Matson Inc COM 57686G105 609 24624 SH SOLE N/A 24624 0 0 MCKESSON CORP COM 58155Q103 4,959 51149 SH SOLE N/A 51149 0 0 MEDTRONIC INC COM 585055106 9,080 221345 SH SOLE N/A 221345 0 0 Merck & Co Inc COM 58933Y105 1,807 44141 SH SOLE N/A 44141 0 0 METLIFE INC COM 59156R108 4,408 133823 SH SOLE N/A 133823 0 0 Microsoft Corp COM 594918104 41,480 1553004 SH SOLE N/A 1553004 0 0 Mondelez International Inc CL A 609207105 7,420 291500 SH SOLE N/A 291500 0 0 MONSANTO CO COM 61166W101 7,941 83903 SH SOLE N/A 83903 0 0 MORGAN STANLEY COM NEW 617446448 4,617 241455 SH SOLE N/A 241455 0 0 Mylan Inc COM 628530107 1,133 41289 SH SOLE N/A 41289 0 0 NetApp Inc COM 64110D104 4,717 140587 SH SOLE N/A 140587 0 0 NEWMONT MINING CORP COM 651639106 13,653 293983 SH SOLE N/A 293983 0 0 NORFOLK SOUTHERN CORP COM 655844108 760 12290 SH SOLE N/A 12290 0 0 NORTHERN TRUST CORP COM 665859104 1,457 29042 SH SOLE N/A 29042 0 0 NORTHROP GRUMMAN CORP COM 666807102 10,313 152600 SH SOLE N/A 152600 0 0 NVIDIA CORP COM 67066G104 13,835 1128505 SH SOLE N/A 1128505 0 0 OCCIDENTAL PETROLEUM CORP COM 674599105 4,420 57700 SH SOLE N/A 57700 0 0 Omnicom Group Inc COM 681919106 11,269 225567 SH SOLE N/A 225567 0 0 ORACLE CORP COM 68389X105 14,121 423798 SH SOLE N/A 423798 0 0 O'REILLY AUTOMOTIVE INC COM 67103H107 5,074 56741 SH SOLE N/A 56741 0 0 PAN AMERICAN SILVER CORP COM 697900108 495 26437 SH SOLE N/A 26437 0 0 PARKER HANNIFIN CORP COM 701094104 862 10132 SH SOLE N/A 10132 0 0 PAYCHEX INC COM 704326107 5,712 183664 SH SOLE N/A 183664 0 0 PEPSICO INC COM 713448108 6,281 91786 SH SOLE N/A 91786 0 0 PFIZER INC COM 717081103 1,966 78400 SH SOLE N/A 78400 0 0 PMC - SIERRA INC COM 69344F106 52 10032 SH SOLE N/A 10032 0 0 PNC Financial Services Group Inc COM 693475105 2,041 35000 SH SOLE N/A 35000 0 0 PRECISION CASTPARTS CORP COM 740189105 4,103 21662 SH SOLE N/A 21662 0 0 PROCTER & GAMBLE CO COM 742718109 18,257 268916 SH SOLE N/A 268916 0 0 PRUDENTIAL FINANCIAL INC COM 744320102 7,557 141696 SH SOLE N/A 141696 0 0 Pulte Group Inc COM 745867101 11,642 641089 SH SOLE N/A 641089 0 0 QUALCOMM INC COM 747525103 18,896 305465 SH SOLE N/A 305465 0 0 Raytheon Co COM NEW 755111507 4,013 69719 SH SOLE N/A 69719 0 0 REGIONS FINANCIAL CORP COM 7591EP100 293 41096 SH SOLE N/A 41096 0 0 REYNOLDS AMERICAN INC COM 761713106 427 10316 SH SOLE N/A 10316 0 0 RITE AID CORP COM 767754104 348 256000 SH SOLE N/A 256000 0 0 Robert Half International Inc COM 770323103 337 10586 SH SOLE N/A 10586 0 0 ROSS STORES INC COM 778296103 7,205 133200 SH SOLE N/A 133200 0 0 SAFEWAY INC COM NEW 786514208 21,303 1177588 SH SOLE N/A 1177588 0 0 SILVER WHEATON CORP COM 828336107 256 7100 SH SOLE N/A 7100 0 0 Southwest Airlines Co COM 844741108 3,641 355600 SH SOLE N/A 355600 0 0 SPDR S&P 500 ETF Trust TR UNIT 78462F103 2,891,222 20302100 SH SOLE N/A 17410200 0 2891900 ST JUDE MEDICAL INC COM 790849103 15,123 418456 SH SOLE N/A 418456 0 0 STAPLES INC COM 855030102 23,394 2052120 SH SOLE N/A 2052120 0 0 STATE STREET CORP COM 857477103 2,712 57700 SH SOLE N/A 57700 0 0 STRYKER CORP COM 863667101 4,276 78006 SH SOLE N/A 78006 0 0 SUNCOR ENERGY INC COM 867224107 12,080 369300 SH SOLE N/A 369300 0 0 SUNTRUST BANKS INC COM 867914103 233 8228 SH SOLE N/A 8228 0 0 SYMANTEC CORP COM 871503108 3,294 175011 SH SOLE N/A 175011 0 0 T ROWE PRICE GROUP INC COM 74144T108 5,180 79542 SH SOLE N/A 79542 0 0 TALISMAN ENERGY INC COM 87425E103 2,935 260900 SH SOLE N/A 260900 0 0
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ----------------------------------- -------------- --------- --------- ----------------- ---------- -------- ----------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ----------------------------------- -------------- --------- --------- -------- --- ---- ---------- -------- -------- ------ ------- TARGET CORP COM 87612E106 2,692 45500 SH SOLE N/A 45500 0 0 TD AMERITRADE HOLDING CORP COM 87236Y108 870 51757 SH SOLE N/A 51757 0 0 TE Connectivity Ltd REG SHS H84989104 2,861 77075 SH SOLE N/A 77075 0 0 Teck Resources Ltd CL B 878742204 1,648 45600 SH SOLE N/A 45600 0 0 TEREX CORP COM 880779103 424 15066 SH SOLE N/A 15066 0 0 Tesoro Corp COM 881609101 10,630 241327 SH SOLE N/A 241327 0 0 TEXAS INSTRUMENTS INC COM 882508104 1,650 53400 SH SOLE N/A 53400 0 0 Thermo Fisher Scientific Inc COM 883556102 3,369 52824 SH SOLE N/A 52824 0 0 TIMKEN CO COM 887389104 355 7415 SH SOLE N/A 7415 0 0 TJX Cos Inc COM 872540109 3,718 87578 SH SOLE N/A 87578 0 0 TOLL BROTHERS INC COM 889478103 352 10900 SH SOLE N/A 10900 0 0 TRANSCANADA CORP COM 89353D107 8,191 174200 SH SOLE N/A 174200 0 0 TYCO INTERNATIONAL LTD SHS H89128104 8,368 286077 SH SOLE N/A 286077 0 0 United Parcel Service Inc CL B 911312106 2,235 30316 SH SOLE N/A 30316 0 0 UNITEDHEALTH GROUP INC COM 91324P102 8,109 149506 SH SOLE N/A 149506 0 0 UNUM GROUP COM 91529Y106 769 36939 SH SOLE N/A 36939 0 0 US BANCORP COM NEW 902973304 2,353 73684 SH SOLE N/A 73684 0 0 VALERO ENERGY CORP COM 91913Y100 13,110 384233 SH SOLE N/A 384233 0 0 Vanguard FTSE Emerging Markets MSCI EMR MKT 922042858 3,000,233 67375545 SH SOLE N/A 67260966 0 114579 ETF VERIZON COMMUNICATIONS INC COM 92343V104 10,307 238200 SH SOLE N/A 238200 0 0 Virgin Media Inc COM 92769L101 11,745 319579 SH SOLE N/A 319579 0 0 WALGREEN CO COM 931422109 5,827 157446 SH SOLE N/A 157446 0 0 WAL-MART STORES INC COM 931142103 8,338 122204 SH SOLE N/A 122204 0 0 WELLPOINT INC. COM 94973V107 3,102 50912 SH SOLE N/A 50912 0 0 Wells Fargo & Co COM 949746101 3,763 110081 SH SOLE N/A 110081 0 0 WEYERHAEUSER CO COM 962166104 555 19966 SH SOLE N/A 19966 0 0 WHOLE FOODS MARKET INC COM 966837106 3,450 37841 SH SOLE N/A 37841 0 0 WYNN RESORTS LTD COM 983134107 517 4600 SH SOLE N/A 4600 0 0 XEROX CORP COM 984121103 16,987 2490744 SH SOLE N/A 2490744 0 0 XILINX INC COM 983919101 3,470 96773 SH SOLE N/A 96773 0 0 YAMANA GOLD INC COM 98462Y100 2,358 137000 SH SOLE N/A 137000 0 0 ZIMMER HOLDINGS INC COM 98956P102 5,599 83994 SH SOLE N/A 83994 0 0