-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GlcosA4XC6DwImuzclgU9aL4+OPrTMZMuBJEkZh6spvFaYaRWt6grWorpVcd04/4 G6GyYVjF/c/In6rmg3RY4g== 0000865733-10-000007.txt : 20100211 0000865733-10-000007.hdr.sgml : 20100211 20100210175849 ACCESSION NUMBER: 0000865733-10-000007 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091231 FILED AS OF DATE: 20100211 DATE AS OF CHANGE: 20100210 EFFECTIVENESS DATE: 20100211 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION CENTRAL INDEX KEY: 0000833018 IRS NUMBER: 530116145 STATE OF INCORPORATION: DC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-02316 FILM NUMBER: 10588886 BUSINESS ADDRESS: STREET 1: 4301 WILSON BLVD CITY: ARLINGTON STATE: VA ZIP: 22203 BUSINESS PHONE: 7039075500 MAIL ADDRESS: STREET 1: 4301 WILSON BLVD CITY: ARLINGTON STATE: VA ZIP: 22203 13F-HR 1 form13fhrq42009nreca.txt FORM 13F HOLDINGS REPORT FYE 12-31-2009 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2009 ----------------- 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: National Rural Electric Cooperative Association ----------------------------------------------- Address: 4301 Wilson Boulevard ----------------------------------------------- Arlington, Virginia 22203 ----------------------------------------------- Form 13F File Number: 028-02316 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 form. Person Signing this Report on Behalf of Reporting Manager: Name: Peter R. Morris ------------------------------------------- Title: Vice President and Chief Investment Officer ------------------------------------------- Phone: 703-907-6030 ------------------------------------------- Signature, Place and Date of Signing: /s/ Peter R. Morris Arlington, Virgina February 10, 2010 - ------------------- ------------------ ----------------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 --------------------- Form 13F Information Table Entry Total: 161 --------------------- Form 13F Information Table Value Total: 2,453,055 --------------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name - --- -------------------- ----------------------- 1 028-04894 RE Advisers Corporation FORM 13F INFORMATION TABLE AS OF 12/31/2009 REPORTING MANAGER: National Rural Electric Cooperative Association ==================================================================================================================================== Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 - -------- -------- -------- -------- -------- -------- -------- -------- Title Shares or of Value Principal SH/ PUT/ Investment Other Voting Authority Name of Issuer Class Cusip (x$1,000) Amount PRN CALL Discretion Managers Sole Shared None ==================================================================================================================================== ABBOTT LABS COM 002824100 64,950 1,203,000 SH DEFINED n/a 1,203,000 ABBOTT LABS COM 002824100 22,190 411,000 SH DEFINED 1 411,000 ALBERTO CULVER CO NEW COM 013078100 6,488 221,500 SH DEFINED n/a 221,500 ALBERTO CULVER CO NEW COM 013078100 2,226 76,000 SH DEFINED 1 76,000 ALLSTATE CORP COM 020002101 20,932 696,799 SH DEFINED n/a 696,799 ALLSTATE CORP COM 020002101 8,772 292,000 SH DEFINED 1 292,000 AMERICAN ITALIAN PASTA CO CL A 027070101 4,004 115,100 SH DEFINED n/a 115,100 AMERICAN ITALIAN PASTA CO CL A 027070101 731 21,000 SH DEFINED 1 21,000 APPLIED INDL TECHNOLOGIES INC COM 03820C105 6,340 289,985 SH DEFINED n/a 289,985 APPLIED INDL TECHNOLOGIES INC COM 03820C105 5,163 233,950 SH DEFINED 1 233,950 ASSET ACCEP CAP CORP COM 04543P100 1,251 184,500 SH DEFINED n/a 184,500 ASSET ACCEP CAP CORP COM 04543P100 892 131,600 SH DEFINED 1 131,600 ASTORIA FINL CORP COM 046265104 1,896 152,500 SH DEFINED n/a 152,500 AVERY DENNISON CORP COM 053611109 46,515 1,274,720 SH DEFINED n/a 1,274,720 AVERY DENNISON CORP COM 053611109 14,983 410,600 SH DEFINED 1 410,600 BAKER HUGHES INC COM 057224107 41,832 1,033,400 SH DEFINED n/a 1,033,400 BAKER HUGHES INC COM 057224107 7,894 195,000 SH DEFINED 1 195,000 BANK OF AMERICA CORP COM 060505104 13,294 882,760 SH DEFINED n/a 882,760 BANK OF AMERICA CORP COM 060505104 3,593 238,600 SH DEFINED 1 238,600 BELDEN INC COM 077454106 4,202 191,700 SH DEFINED n/a 191,700 BELDEN INC COM 077454106 1,902 86,750 SH DEFINED 1 86,750 BEMIS INC COM 081437105 52,104 1,757,300 SH DEFINED n/a 1,757,300 BEMIS INC COM 081437105 13,212 445,600 SH DEFINED 1 445,600 BRINKER INTL INC COM 109641100 7,715 517,100 SH DEFINED n/a 517,100 BRINKER INTL INC COM 109641100 2,760 185,000 SH DEFINED 1 185,000 BRISTOL MYERS SQUIBB CO COM 110122108 71,591 2,835,300 SH DEFINED n/a 2,835,300 BRISTOL MYERS SQUIBB CO COM 110122108 21,531 852,700 SH DEFINED 1 852,700 CARDINAL FINL CORP COM 14149F109 1,403 160,500 SH DEFINED n/a 160,500 CARDINAL FINL CORP COM 14149F109 1,608 184,000 SH DEFINED 1 184,000 CARLISLE COS INC COM 142339100 8,740 255,100 SH DEFINED n/a 255,100 CARLISLE COS INC COM 142339100 2,429 70,900 SH DEFINED 1 70,900 CHEVRON CORP COM 166764100 48,812 634,000 SH DEFINED n/a 634,000 CHEVRON CORP COM 166764100 15,860 206,000 SH DEFINED 1 206,000 CHUBB CORP COM 171232101 43,574 886,000 SH DEFINED n/a 886,000 CHUBB CORP COM 171232101 6,295 128,000 SH DEFINED 1 128,000 CIMAREX ENERGY CO COM 171798101 11,622 219,400 SH DEFINED n/a 219,400 CIMAREX ENERGY CO COM 171798101 3,146 59,400 SH DEFINED 1 59,400 CISCO SYS INC COM 17275R102 53,985 2,255,000 SH DEFINED n/a 2,255,000 CISCO SYS INC COM 17275R102 19,391 810,000 SH DEFINED 1 810,000 CIT GROUP INC COM NEW 125581801 17 621 SH DEFINED 1 621 CLARCOR INC COM 179895107 6,997 215,700 SH DEFINED n/a 215,700 CLARCOR INC COM 179895107 2,148 66,200 SH DEFINED 1 66,200 COMMERCE BANCSHARES INC COM 200525103 15,010 387,664 SH DEFINED n/a 387,664 COMMERCE BANCSHARES INC COM 200525103 1,268 32,738 SH DEFINED 1 32,738 CONOCOPHILLIPS COM 20825C104 50,442 987,700 SH DEFINED n/a 987,700 CONOCOPHILLIPS COM 20825C104 13,789 270,000 SH DEFINED 1 270,000 COOPER TIRE & RUBR CO COM 216831107 30,625 1,527,452 SH DEFINED n/a 1,527,452 COOPER TIRE & RUBR CO COM 216831107 12,223 609,600 SH DEFINED 1 609,600 COVIDIEN PLC SHS G2554F105 32,465 677,900 SH DEFINED n/a 677,900 COVIDIEN PLC SHS G2554F105 10,251 214,050 SH DEFINED 1 214,050 CRACKER BARREL OLD CTRY STORE COM 22410J106 4,084 107,500 SH DEFINED n/a 107,500 CRACKER BARREL OLD CTRY STORE COM 22410J106 2,017 53,100 SH DEFINED 1 53,100 DEAN FOODS CO NEW COM 242370104 35,266 1,954,900 SH DEFINED n/a 1,954,900 DEAN FOODS CO NEW COM 242370104 11,876 658,300 SH DEFINED 1 658,300 DELL INC COM 24702R101 42,936 2,990,000 SH DEFINED n/a 2,990,000 DELL INC COM 24702R101 18,883 1,315,000 SH DEFINED 1 1,315,000 DILLARDS INC CL A 254067101 28,465 1,542,800 SH DEFINED n/a 1,542,800 DILLARDS INC CL A 254067101 6,922 375,200 SH DEFINED 1 375,200 DONNELLEY R R & SONS COM 257867101 6,240 280,200 SH DEFINED n/a 280,200 DONNELLEY R R & SONS COM 257867101 1,851 83,100 SH DEFINED 1 83,100 DOW CHEM CO COM 260543103 58,918 2,132,400 SH DEFINED n/a 2,132,400 DOW CHEM CO COM 260543103 19,449 703,900 SH DEFINED 1 703,900 EL PASO CORP COM 28336L109 23,680 2,408,988 SH DEFINED n/a 2,408,988 EL PASO CORP COM 28336L109 7,140 726,312 SH DEFINED 1 726,312 FLOWSERVE CORP COM 34354P105 31,439 332,581 SH DEFINED n/a 332,581 FLOWSERVE CORP COM 34354P105 10,758 113,800 SH DEFINED 1 113,800 GENUINE PARTS CO COM 372460105 45,605 1,201,400 SH DEFINED n/a 1,201,400 GENUINE PARTS CO COM 372460105 12,352 325,400 SH DEFINED 1 325,400 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 43,475 1,029,000 SH DEFINED n/a 1,029,000 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 15,210 360,000 SH DEFINED 1 360,000 HELMERICH & PAYNE INC COM 423452101 5,328 133,600 SH DEFINED n/a 133,600 HELMERICH & PAYNE INC COM 423452101 1,396 35,000 SH DEFINED 1 35,000 HEWLETT PACKARD CO COM 428236103 55,193 1,071,500 SH DEFINED n/a 1,071,500 HEWLETT PACKARD CO COM 428236103 18,750 364,000 SH DEFINED 1 364,000 HONEYWELL INTL INC COM 438516106 30,945 789,400 SH DEFINED n/a 789,400 HONEYWELL INTL INC COM 438516106 11,294 288,100 SH DEFINED 1 288,100 HOSPIRA INC COM 441060100 44,304 868,700 SH DEFINED n/a 868,700 HOSPIRA INC COM 441060100 18,992 372,400 SH DEFINED 1 372,400 INTEL CORP COM 458140100 63,805 3,127,700 SH DEFINED n/a 3,127,700 INTEL CORP COM 458140100 20,563 1,008,000 SH DEFINED 1 1,008,000 ISHARES TR INDEX RUSL 2000 VALU 464287630 5,804 100,000 SH DEFINED n/a 100,000 ISHARES TR INDEX RUSSELL 2000 464287655 76,580 1,230,000 SH DEFINED n/a 1,230,000 ISHARES TR INDEX S&P SMLCAP 600 464287804 5,472 100,000 SH DEFINED n/a 100,000 JPMORGAN CHASE & CO COM 46625H100 71,581 1,717,800 SH DEFINED n/a 1,717,800 JPMORGAN CHASE & CO COM 46625H100 18,985 455,600 SH DEFINED 1 455,600 KNIGHT TRANSN INC COM 499064103 4,830 250,400 SH DEFINED n/a 250,400 KNIGHT TRANSN INC COM 499064103 965 50,000 SH DEFINED 1 50,000 LEGG MASON INC COM 524901105 3,093 102,555 SH DEFINED n/a 102,555 MANITOWOC INC COM 563571108 9,187 921,500 SH DEFINED n/a 921,500 MANITOWOC INC COM 563571108 2,544 255,200 SH DEFINED 1 255,200 MARATHON OIL CORP COM 565849106 38,787 1,242,384 SH DEFINED n/a 1,242,384 MARATHON OIL CORP COM 565849106 13,643 437,000 SH DEFINED 1 437,000 MERCK & CO INC NEW COM 58933Y105 24,918 681,946 SH DEFINED n/a 681,946 MERCK & CO INC NEW COM 58933Y105 7,565 207,034 SH DEFINED 1 207,034 MIDDLEBURG FINANCIAL CORP COM 596094102 947 77,100 SH DEFINED n/a 77,100 MIDDLEBURG FINANCIAL CORP COM 596094102 926 75,400 SH DEFINED 1 75,400 MOTOROLA INC COM 620076109 23,564 3,036,600 SH DEFINED n/a 3,036,600 MOTOROLA INC COM 620076109 909 117,100 SH DEFINED 1 117,100 NATIONAL BANKSHARES INC VA COM 634865109 2,931 103,600 SH DEFINED n/a 103,600 NATIONAL BANKSHARES INC VA COM 634865109 2,433 86,000 SH DEFINED 1 86,000 NORDSTROM INC COM 655664100 6,764 180,000 SH DEFINED n/a 180,000 NORDSTROM INC COM 655664100 3,570 95,000 SH DEFINED 1 95,000 O CHARLEYS INC COM 670823103 1,381 210,900 SH DEFINED n/a 210,900 O CHARLEYS INC COM 670823103 135 20,660 SH DEFINED 1 20,660 OLIN CORP COM PAR 1 680665205 4,205 240,000 SH DEFINED n/a 240,000 PACTIV CORP COM 695257105 29,101 1,205,500 SH DEFINED n/a 1,205,500 PACTIV CORP COM 695257105 8,744 362,200 SH DEFINED 1 362,200 PARKER HANNIFIN CORP COM 701094104 63,339 1,175,550 SH DEFINED n/a 1,175,550 PARKER HANNIFIN CORP COM 701094104 17,698 328,462 SH DEFINED 1 328,462 PFIZER INC COM 717081103 50,823 2,794,000 SH DEFINED n/a 2,794,000 PFIZER INC COM 717081103 20,573 1,131,000 SH DEFINED 1 1,131,000 PRINCIPAL FINANCIAL GROUP COM 74251V102 19,766 822,200 SH DEFINED n/a 822,200 PRINCIPAL FINANCIAL GROUP COM 74251V102 3,433 142,800 SH DEFINED 1 142,800 QUESTAR CORP COM 748356102 41,071 988,000 SH DEFINED n/a 988,000 QUESTAR CORP COM 748356102 12,371 297,600 SH DEFINED 1 297,600 REGAL BELOIT CORP COM 758750103 3,039 58,500 SH DEFINED n/a 58,500 REGAL BELOIT CORP COM 758750103 2,259 43,500 SH DEFINED 1 43,500 ROFIN SINAR TECHNOLOGIES INC COM 775043102 4,821 204,200 SH DEFINED n/a 204,200 ROFIN SINAR TECHNOLOGIES INC COM 775043102 1,173 49,700 SH DEFINED 1 49,700 ROWAN COMPANIES INC COM 779382100 3,962 175,000 SH DEFINED n/a 175,000 SAIC INC COM 78390X101 18,641 984,200 SH DEFINED n/a 984,200 SAIC INC COM 78390X101 10,682 564,000 SH DEFINED 1 564,000 SALLY BEAUTY HLDGS INC COM 79546E104 1,598 208,900 SH DEFINED n/a 208,900 SALLY BEAUTY HLDGS INC COM 79546E104 872 114,000 SH DEFINED 1 114,000 SMUCKER J M CO COM NEW 832696405 3,088 50,000 SH DEFINED n/a 50,000 SMUCKER J M CO COM NEW 832696405 11,715 189,721 SH DEFINED 1 189,721 SOUTHCOAST FINL CORP COM 84129R100 345 106,700 SH DEFINED n/a 106,700 SOUTHCOAST FINL CORP COM 84129R100 166 51,370 SH DEFINED 1 51,370 SOUTHWEST AIRLS CO COM 844741108 28,568 2,499,343 SH DEFINED n/a 2,499,343 SOUTHWEST AIRLS CO COM 844741108 8,751 765,600 SH DEFINED 1 765,600 ST MARY LD & EXPL CO COM 792228108 7,177 209,600 SH DEFINED n/a 209,600 ST MARY LD & EXPL CO COM 792228108 1,678 49,000 SH DEFINED 1 49,000 STANDEX INTL CORP COM 854231107 4,886 243,200 SH DEFINED n/a 243,200 STANDEX INTL CORP COM 854231107 392 19,500 SH DEFINED 1 19,500 STERIS CORP COM 859152100 7,272 260,000 SH DEFINED n/a 260,000 STERIS CORP COM 859152100 2,042 73,000 SH DEFINED 1 73,000 THOMAS & BETTS CORP COM 884315102 6,800 190,000 SH DEFINED n/a 190,000 THOMAS & BETTS CORP COM 884315102 716 20,000 SH DEFINED 1 20,000 TIM HORTONS INC COM 88706M103 14,693 481,580 SH DEFINED n/a 481,580 TIM HORTONS INC COM 88706M103 1,735 56,852 SH DEFINED 1 56,852 TRIUMPH GROUP INC NEW COM 896818101 6,659 138,000 SH DEFINED n/a 138,000 TRIUMPH GROUP INC NEW COM 896818101 2,022 41,900 SH DEFINED 1 41,900 TYCO ELECTRONICS LTD SWITZERLA SHS H8912P106 23,081 940,150 SH DEFINED n/a 940,150 TYCO ELECTRONICS LTD SWITZERLA SHS H8912P106 6,745 274,750 SH DEFINED 1 274,750 TYCO INTERNATIONAL LTD SHS H89128104 19,226 538,850 SH DEFINED n/a 538,850 TYCO INTERNATIONAL LTD SHS H89128104 6,019 168,700 SH DEFINED 1 168,700 UNITED NAT FOODS INC COM 911163103 5,821 217,700 SH DEFINED n/a 217,700 UNITED NAT FOODS INC COM 911163103 1,607 60,100 SH DEFINED 1 60,100 UNUM GROUP COM 91529Y106 39,524 2,024,800 SH DEFINED n/a 2,024,800 UNUM GROUP COM 91529Y106 5,967 305,700 SH DEFINED 1 305,700 VALLEY NATL BANCORP COM 919794107 6,001 424,662 SH DEFINED n/a 424,662 VALLEY NATL BANCORP COM 919794107 1,497 105,934 SH DEFINED 1 105,934 WELLS FARGO & CO NEW COM 949746101 17,598 652,000 SH DEFINED n/a 652,000 WELLS FARGO & CO NEW COM 949746101 4,076 151,000 SH DEFINED 1 151,000 WERNER ENTERPRISES INC COM 950755108 3,588 181,300 SH DEFINED n/a 181,300 WERNER ENTERPRISES INC COM 950755108 396 20,000 SH DEFINED 1 20,000 WESTERN DIGITAL CORP COM 958102105 8,053 182,400 SH DEFINED n/a 182,400 WESTERN DIGITAL CORP COM 958102105 4,171 94,483 SH DEFINED 1 94,483 WESTLAKE CHEM CORP COM 960413102 4,547 182,400 SH DEFINED n/a 182,400 WESTLAKE CHEM CORP COM 960413102 2,511 100,700 SH DEFINED 1 100,700 WINN DIXIE STORES INC COM NEW 974280307 38 3,742 SH DEFINED 1 3,742 ========= Total: 2,453,055
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