EQ Advisors Trust

N-Q 1 dnq.htm EQ ADVISORS TRUST EQ Advisors Trust

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act File Number 811-07953

EQ ADVISORS TRUST

(Exact name of registrant as specified in charter)

1290 Avenue of the Americas

New York, New York 10104

(Address of principal executive offices)

PATRICIA LOUIE, ESQ.

Vice President and Associate General Counsel

AXA Equitable Life Insurance Company

1290 Avenue of the Americas

New York, New York 10104

(Name and Address of Agent for Service)

Copies to:

CLIFFORD L. ALEXANDER, ESQ.

MARK C. AMOROSI, ESQ.

K&L Gates LLP

1601 K. Street, N.W.

Washington, D.C. 20006-1600

Telephone: (202) 778-9351

Registrant’s telephone number, including area code: (212) 554-1234

Date of fiscal year end: December 31

Date of reporting period: July 1, 2010 – September 30, 2010

Item 1. Schedule of Investments.

The following are schedules of investments of the registrant as of September 30, 2010. The schedules have not been audited.

EQ ADVISORS TRUST

ALL ASSET ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
EQ/AllianceBernstein Small Cap Growth Portfolio‡		282,415	$	3,989,380
EQ/AXA Franklin Small Cap Value Core Portfolio‡		333,540		2,931,236
EQ/BlackRock Basic Value Equity Portfolio‡		965,443		12,000,587
EQ/BlackRock International Value Portfolio‡		402,478		4,507,276
EQ/Boston Advisors Equity Income Portfolio‡		868,239		4,256,311
EQ/Core Bond Index Portfolio‡		347,277		3,505,150
EQ/Davis New York Venture Portfolio‡		1,274,090		11,355,979
EQ/Equity Growth PLUS Portfolio‡		246,277		3,313,070
EQ/GAMCO Mergers & Acquisitions Portfolio‡		642,885		8,072,110
EQ/GAMCO Small Company Value Portfolio‡		398,343		13,442,226
EQ/Global Bond PLUS Portfolio‡		1,424,830		14,902,717
EQ/Global Multi-Sector Equity Portfolio‡		1,011,071		11,875,427
EQ/Intermediate Government Bond Index Portfolio‡		378,678		3,861,046
EQ/International Core PLUS Portfolio‡		1,806,735		16,295,973
EQ/International Growth Portfolio‡		788,587		4,727,333
EQ/Large Cap Core PLUS Portfolio‡		1,682,379		11,975,158
EQ/Large Cap Growth PLUS Portfolio‡		1,071,646		16,408,768
EQ/Large Cap Value PLUS Portfolio‡		385,449		3,598,883
EQ/Small Company Index Portfolio‡		54,033		496,605
iShares Barclays U.S. Treasury Inflation Protected Securities Fund		96,300		10,499,589
iShares Cohen & Steers Realty Majors Index Fund		129,100		7,997,745
iShares COMEX Gold Trust*		1,082,600		13,857,280
iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund		55,920		2,902,248
iShares FTSE/Xinhua China 25 Index Fund		56,900		2,436,458
iShares JP Morgan USD Emerging Markets Bond Fund		41,460		4,616,571
iShares MSCI EAFE Small Cap Index Fund		92,600		3,553,988
iShares MSCI Emerging Markets Index Fund		44,700		2,001,219
iShares S&P Developed ex-U.S. Property Index Fund		79,800		2,649,224
iShares S&P Global Clean Energy Index Fund		68,310		1,176,298
iShares S&P Global Energy Sector Index Fund		45,860		1,552,820
iShares S&P Latin America 40 Index Fund		49,100		2,481,514
iShares S&P North American Natural Resources Sector Index Fund		165,160	$	5,737,658
iShares Silver Trust*		151,750		3,233,792
Multimanager Core Bond Portfolio‡		1,258,536		13,699,904
Multimanager International Equity Portfolio‡		368,706		3,938,059
Multimanager Large Cap Core Equity Portfolio‡		489,796		4,518,682
Multimanager Large Cap Value Portfolio‡		436,862		3,913,470
Multimanager Mid Cap Growth Portfolio*‡		224,792		1,793,104
Multimanager Mid Cap Value Portfolio‡		229,743		2,042,125
Multimanager Small Cap Growth Portfolio*‡		426,434		3,217,177
Multimanager Small Cap Value Portfolio‡		91,769		848,941
SPDR Barclays Capital High Yield Bond ETF		165,000		6,601,650
SPDR S&P Emerging Asia Pacific ETF		10,000		829,800
Vanguard REIT ETF		35,200		1,833,216

Total Investment Companies (98.6%) (Cost $254,829,650)				259,447,767


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (1.5%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $3,946,466)	$	3,946,466		3,946,466

Total Investments (100.1%) (Cost/Amortized Cost $258,776,116)				263,394,233
Other Assets Less Liabilities (-0.1%)				(229,340	)

Net Assets (100%)			$	263,164,893

*	Non-income producing.

‡	Affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class A shares for AXA Premier VIP Trust Portfolios (Multimanager) and Class IA shares for EQ Advisors Trust Portfolios

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ALL ASSET ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
EQ/AllianceBernstein Small Cap Growth Portfolio	$	—	$	4,000,000	$	—	$	3,989,380	$	—	$	—
EQ/AXA Franklin Small Cap Value Core Portfolio		3,488,288		57,822		1,167,202		2,931,236		—		(340,297	)
EQ/BlackRock Basic Value Equity Portfolio		15,990,679		96,488		5,313,328		12,000,587		—		(898,325	)
EQ/BlackRock International Value Portfolio		9,014,546		90,318		7,684,380		4,507,276		6,762		(3,132,320	)
EQ/Boston Advisors Equity Income Portfolio		4,570,851		691,469		1,081,323		4,256,311		5,226		200,705
EQ/Core Bond Index Portfolio		7,281,715		10,771		4,175,222		3,505,150		1,284		31,066
EQ/Davis New York Venture Portfolio		8,603,700		4,116,374		1,246,225		11,355,979		14,352		262,780
EQ/Equity Growth PLUS Portfolio		3,284,189		4,640		81,281		3,313,070		1,733		(13,997	)
EQ/GAMCO Mergers & Acquisitions Portfolio		8,782,982		623,456		2,148,359		8,072,110		—		(221,875	)
EQ/GAMCO Small Company Value Portfolio		10,831,737		2,072,282		1,194,642		13,442,226		—		(101,234	)
EQ/Global Bond PLUS Portfolio		15,185,587		103,270		1,607,767		14,902,717		—		(35,769	)
EQ/Global Multi-Sector Equity Portfolio		12,715,245		91,791		2,160,083		11,875,427		2,496		(843,372	)
EQ/Intermediate Government Bond Index Portfolio		—		5,352,919		1,538,769		3,861,046		12		28,515
EQ/International Core PLUS Portfolio		21,027,144		146,658		8,651,058		16,295,973		8,393		(3,910,025	)
EQ/International Growth Portfolio		—		4,505,074		78,010		4,727,333		1,683		488
EQ/Large Cap Core PLUS Portfolio		13,201,324		91,773		1,369,182		11,975,158		9,671		399,236
EQ/Large Cap Growth PLUS Portfolio		13,688,521		6,095,267		3,347,492		16,408,768		2,096		58,930
EQ/Large Cap Value PLUS Portfolio		6,404,805		40,809		2,524,955		3,598,883		—
												578,647
EQ/Quality Bond PLUS Portfolio		3,385,935		160,585		3,494,128		—		—		211,587
EQ/Small Company Index Portfolio		499,054		3,596		34,839		496,605		—		14,307
Multimanager Core Bond Portfolio		8,302,902		6,426,352		1,462,952		13,699,904		182,296		57,412
Multimanager International Equity Portfolio		7,055,588		83,082		2,608,768		3,938,059		5,340		508,724
Multimanager Large Cap Core Equity Portfolio		4,939,876		33,131		589,928		4,518,682		—		(95,833	)
Multimanager Large Cap Value Portfolio		6,731,119		60,219		3,783,349		3,913,470		459		(661,588	)
Multimanager Mid Cap Growth Portfolio		1,808,650		14,386		272,254		1,793,104		—		(75,669	)
Multimanager Mid Cap Value Portfolio		3,139,417		29,061		1,679,935		2,042,125		289		(286,766	)
Multimanager Small Cap Growth Portfolio		6,500,040		1,561,213		5,545,017		3,217,177		—		(139,614	)
Multimanager Small Cap Value Portfolio		850,245		4,081		73,368		848,941		—		(13,008	)

	$	197,284,139	$	36,566,887	$	64,913,816	$	185,486,697	$	242,092	$	(8,417,295	)

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ALL ASSET ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, money market securities are valued using amortized cost, in accordance with rules under the Investment Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active market, such securities are reflected as Level 2.

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Exchange Traded Funds (ETFs)	$	73,961,070	$	—	$	—	$	73,961,070
Investment Companies		—		185,486,697		—		185,486,697
Short-Term Investments		—		3,946,466		—		3,946,466

Total Assets	$	73,961,070	$	189,433,163	$	—	$	263,394,233

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	73,961,070	$	189,433,163	$	—	$	263,394,233

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Investment Companies	$	53,782,898
Net Proceeds of Sales and Redemptions:
Investment Companies	$	74,741,832

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	22,261,238
Aggregate gross unrealized depreciation		(18,567,348	)

Net unrealized appreciation	$	3,693,890

Federal income tax cost of investments	$	259,700,343

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA CONSERVATIVE STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
AXA Tactical Manager 2000 Portfolio-I‡		363,431	$	4,935,632
AXA Tactical Manager 400 Portfolio-I‡		127,410		1,771,616
AXA Tactical Manager 500 Portfolio-I‡		1,288,455		16,372,239
AXA Tactical Manager International Portfolio-I‡		379,682		4,590,345
EQ/Core Bond Index Portfolio‡		9,222,380		93,083,654
EQ/Intermediate Government Bond Index Portfolio‡		1,486,182		15,153,279

Total Investments (99.9%) (Cost $131,208,448)				135,906,765
Other Assets Less Liabilities (0.1%)				87,806

Net Assets (100%)			$	135,994,571

‡	Affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class IA shares for EQ Advisors Trust Portfolios.

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
AXA Tactical Manager 2000 Portfolio-I	$	1,102,458	$	5,004,854	$	1,333,106	$	4,935,632	$	161	$	110,165
AXA Tactical Manager 400 Portfolio-I		266,016		1,424,811		27,626		1,771,616		—		14,390
AXA Tactical Manager 500 Portfolio-I		4,448,661		12,925,793		1,310,972		16,372,239		278		275,746
AXA Tactical Manager International Portfolio-I		1,103,498		3,615,432		333,940		4,590,345		68		19,791
EQ/Core Bond Index Portfolio		22,460,805		70,981,646		4,032,477		93,083,654		23,367		143,915
EQ/Intermediate Government Bond Index Portfolio		3,942,089		12,128,666		1,438,582		15,153,279		107		43,177

	$	33,323,527	$	106,081,202	$	8,476,703	$	135,906,765	$	23,981	$	607,184

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA CONSERVATIVE STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	135,906,765	$	—	$	135,906,765

Total Assets	$	—	$	135,906,765	$	—	$	135,906,765

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	—	$	135,906,765	$	—	$	135,906,765

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Investment Companies	$	106,081,202
Net Proceeds of Sales and Redemptions:
Investment Companies	$	8,952,995

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	4,698,317
Aggregate gross unrealized depreciation		—

Net unrealized appreciation	$	4,698,317

Federal income tax cost of investments	$	131,208,448

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA CONSERVATIVE GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
AXA Tactical Manager 2000 Portfolio-I‡		1,251,143	$	16,991,360
AXA Tactical Manager 400 Portfolio-I‡		364,619		5,069,961
AXA Tactical Manager 500 Portfolio-I‡		4,259,700		54,127,495
AXA Tactical Manager International Portfolio-I‡		1,264,448		15,287,147
EQ/Core Bond Index Portfolio‡		11,454,571		115,613,682
EQ/Intermediate Government Bond Index Portfolio‡		1,802,761		18,381,150

Total Investments (99.6%) (Cost $217,741,589)				225,470,795
Other Assets Less Liabilities (0.4%)				892,749

Net Assets (100%)			$	226,363,544

‡	Affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class IA shares for EQ Advisors Trust Portfolios.

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
AXA Tactical Manager 2000 Portfolio-I	$	3,167,799	$	16,111,573	$	2,797,068	$	16,991,360	$	534	$	299,136
AXA Tactical Manager 400 Portfolio-I		968,384		3,812,527		5,207		5,069,961		—		32,175
AXA Tactical Manager 500 Portfolio-I		14,756,651		40,708,845		2,151,725		54,127,495		969		673,916
AXA Tactical Manager International Portfolio-I		3,576,158		11,652,398		504,493		15,287,147		233		88,842
EQ/Core Bond Index Portfolio		27,237,062		88,047,014		4,407,568		115,613,682		30,129		169,238
EQ/Intermediate Government Bond Index Portfolio		4,779,761		15,019,288		2,066,025		18,381,150		130		65,330

	$	54,485,815	$	175,351,645	$	11,932,086	$	225,470,795	$	31,995	$	1,328,637

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA CONSERVATIVE GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	225,470,795	$	—	$	225,470,795

Total Assets	$	—	$	225,470,795	$	—	$	225,470,795

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	—	$	225,470,795	$	—	$	225,470,795

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Investment Companies	$	175,351,645
Net Proceeds of Sales and Redemptions:
Investment Companies	$	12,808,385

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	7,729,206
Aggregate gross unrealized depreciation		—

Net unrealized appreciation	$	7,729,206

Federal income tax cost of investments	$	217,741,589

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA BALANCED STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
AXA Tactical Manager 2000 Portfolio-I‡		2,922,125	$	39,684,408
AXA Tactical Manager 400 Portfolio-I‡		715,688		9,951,501
AXA Tactical Manager 500 Portfolio-I‡		9,520,850		120,980,285
AXA Tactical Manager International Portfolio-I‡		2,877,829		34,792,876
EQ/Core Bond Index Portfolio‡		17,027,497		171,862,542
EQ/Intermediate Government Bond Index Portfolio‡		2,689,300		27,420,398

Total Investments (99.8%) (Cost $390,854,379)				404,692,010
Other Assets Less Liabilities (0.2%)				972,608

Net Assets (100%)			$	405,664,618

‡	Affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class IA shares for EQ Advisors Trust Portfolios.

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
AXA Tactical Manager 2000 Portfolio-I	$	7,926,386	$	35,938,936	$	5,376,138	$	39,684,408	$	1,212	$	636,263
AXA Tactical Manager 400 Portfolio-I		1,903,262		7,453,580		—		9,951,501		—		58,273
AXA Tactical Manager 500 Portfolio-I		32,436,758		90,069,629		3,512,747		120,980,285		2,161		1,308,446
AXA Tactical Manager International Portfolio-I		8,156,495		25,882,637		567,070		34,792,876		518		190,276
EQ/Core Bond Index Portfolio		40,813,383		132,872,176		8,672,284		171,862,542		44,677		336,716
EQ/Intermediate Government Bond Index Portfolio		7,161,356		22,505,527		3,189,885		27,420,398		188		101,115

	$	98,397,640	$	314,722,485	$	21,318,124	$	404,692,010	$	48,756	$	2,631,089

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA BALANCED STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	404,692,010	$	—	$	404,692,010

Total Assets	$	—	$	404,692,010	$	—	$	404,692,010

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	—	$	404,692,010	$	—	$	404,692,010

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Investment Companies	$	314,722,485
Net Proceeds of Sales and Redemptions:
Investment Companies	$	22,949,999

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	13,837,631
Aggregate gross unrealized depreciation		—

Net unrealized appreciation	$	13,837,631

Federal income tax cost of investments	$	390,854,379

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA MODERATE GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
AXA Tactical Manager 2000 Portfolio-I‡		8,502,559	$	115,470,421
AXA Tactical Manager 400 Portfolio-I‡		1,760,338		24,477,165
AXA Tactical Manager 500 Portfolio-I‡		26,748,800		339,893,764
AXA Tactical Manager International Portfolio-I‡		7,972,628		96,388,878
EQ/Core Bond Index Portfolio‡		31,857,906		321,549,356
EQ/Intermediate Government Bond Index Portfolio‡		5,020,343		51,187,973

Total Investments (99.9%) (Cost $917,446,907)				948,967,557
Other Assets Less Liabilities (0.1%)				674,119

Net Assets (100%)			$	949,641,676

‡	Affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class IA shares for EQ Advisors Trust Portfolios.

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
AXA Tactical Manager 2000 Portfolio-I	$	21,087,417	$	103,079,275	$	12,058,475	$	115,470,421	$	3,415	$	1,499,083
AXA Tactical Manager 400 Portfolio-I		4,785,391		18,326,670		—		24,477,165		—		158,045
AXA Tactical Manager 500 Portfolio-I		85,850,301		256,634,600		7,797,602		339,893,764		6,099		3,255,632
AXA Tactical Manager International Portfolio-I		21,149,227		72,956,413		1,420,223		96,388,878		1,439		517,205
EQ/Core Bond Index Portfolio		71,721,759		255,767,222		18,753,185		321,549,356		83,701		646,815
EQ/Intermediate Government Bond Index Portfolio		12,585,858		43,842,681		6,989,220		51,187,973		346		210,781

	$	217,179,953	$	750,606,861	$	47,018,705	$	948,967,557	$	95,000	$	6,287,561

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA MODERATE GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	948,967,557	$	—	$	948,967,557

Total Assets	$	—	$	948,967,557	$	—	$	948,967,557

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	—	$	948,967,557	$	—	$	948,967,557

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Investment Companies	$	750,606,861
Net Proceeds of Sales and Redemptions:
Investment Companies	$	50,500,000

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	31,520,650
Aggregate gross unrealized depreciation		—

Net unrealized appreciation	$	31,520,650

Federal income tax cost of investments	$	917,446,907

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
AXA Tactical Manager 2000 Portfolio-I‡		5,067,420	$	68,818,944
AXA Tactical Manager 400 Portfolio-I‡		996,658		13,858,336
AXA Tactical Manager 500 Portfolio-I‡		16,000,350		203,314,507
AXA Tactical Manager International Portfolio-I‡		4,706,455		56,900,929
EQ/Core Bond Index Portfolio‡		12,260,342		123,746,516
EQ/Intermediate Government Bond Index Portfolio‡		1,912,623		19,501,317

Total Investments (100.1%) (Cost $468,650,652)				486,140,549
Other Assets Less Liabilities (-0.1%)				(613,618	)

Net Assets (100%)			$	485,526,931

‡	Affiliated company as defined under the Investment Company Act of 1940.

The holdings in affiliated Investment Companies are all Class IA shares for EQ Advisors Trust Portfolios.

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
AXA Tactical Manager 2000 Portfolio-I	$	21,677,374	$	50,461,597	$	5,654,965	$	68,818,944	$	2,273	$	866,247
AXA Tactical Manager 400 Portfolio-I		5,140,510		7,876,429		3,000		13,858,336		—		111,188
AXA Tactical Manager 500 Portfolio-I		90,051,022		116,450,515		5,239,346		203,314,507		4,310		2,263,094
AXA Tactical Manager International Portfolio-I		22,393,014		34,779,344		1,439,899		56,900,929		998		379,578
EQ/Core Bond Index Portfolio		48,418,868		81,153,114		12,040,902		123,746,516		37,374		394,536
EQ/Intermediate Government Bond Index Portfolio		8,499,226		13,361,242		3,206,263		19,501,317		154		100,115

	$	196,180,014	$	304,082,241	$	27,584,375	$	486,140,549	$	45,109	$	4,114,758

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA GROWTH STRATEGY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	486,140,549	$	—	$	486,140,549

Total Assets	$	—	$	486,140,549	$	—	$	486,140,549

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	—	$	486,140,549	$	—	$	486,140,549

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Investment Companies	$	304,082,241
Net Proceeds of Sales and Redemptions:
Investment Companies	$	29,741,748

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	17,489,897
Aggregate gross unrealized depreciation		—

Net unrealized appreciation	$	17,489,897

Federal income tax cost of investments	$	468,650,652

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

EQ/FRANKLIN TEMPLETON ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
EQ/Franklin Core Balanced Portfolio‡		53,267,214	$	447,727,174
EQ/Mutual Large Cap Equity Portfolio‡		54,917,686		452,506,330
EQ/Templeton Global Equity Portfolio‡		56,406,396		459,130,374

Total Investment Companies (100.0%) (Cost $1,507,966,799)				1,359,363,878


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (0.0%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $196,381)	$	196,381		196,381

Total Investments (100.0%) (Cost/Amortized Cost $1,508,163,180)				1,359,560,259
Other Assets Less Liabilities (0.0%)				(629,469	)

Net Assets (100%)			$	1,358,930,790

‡	Affiliated company as defined under the Investment Company Act of 1940.

The holdings in Investment Companies are all Class IA shares for EQ Advisors Trust Portfolios.

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
EQ/Franklin Core Balanced Portfolio	$	463,491,009	$	6,981,981	$	64,328,525	$	447,727,174	$	163,989	$	(16,277,678	)
EQ/Mutual Large Cap Equity Portfolio		462,875,838		15,643,122		53,856,044		452,506,330		975,130		(16,205,196	)
EQ/Templeton Global Equity Portfolio		462,984,290		28,811,033		51,647,368		459,130,374		92,837		(17,145,616	)

	$	1,389,351,137	$	51,436,136	$	169,831,937	$	1,359,363,878	$	1,231,956	$	(49,628,490	)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Investment Companies	$	—	$	1,359,363,878	$	—	$	1,359,363,878
Short-Term Investments		—		196,381		—		196,381

Total Assets	$	—	$	1,359,560,259		—	$	1,359,560,259

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	—	$	1,359,560,259	$	—	$	1,359,560,259

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

EQ/FRANKLIN TEMPLETON ALLOCATION PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Investment Companies	$	51,436,136
Net Proceeds of Sales and Redemptions:
Investment Companies	$	120,203,447

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	—
Aggregate gross unrealized depreciation		(148,602,921	)

Net unrealized depreciation	$	(148,602,921	)

Federal income tax cost of investments	$	1,508,163,180

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

EQ/INTERNATIONAL ETF PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
iShares MSCI Australia Index Fund		183,118	$	4,347,221
iShares MSCI Austria Investable Market Index Fund		7,741		152,536
iShares MSCI Belgium Investable Market Index Fund		29,239		388,294
iShares MSCI EAFE Growth Index Fund		223,909		12,693,401
iShares MSCI EAFE Index Fund		2,827,241		155,272,076
iShares MSCI EAFE Value Index Fund		256,910		12,501,241
iShares MSCI France Index Fund		300,106		7,199,543
iShares MSCI Germany Index Fund		241,823		5,320,106
iShares MSCI Hong Kong Index Fund		94,164		1,708,135
iShares MSCI Israel Capped Investable Market Index Fund		21,700		1,191,547
iShares MSCI Italy Index Fund		75,680		1,271,424
iShares MSCI Japan Index Fund		2,781,532		27,509,351
iShares MSCI Netherlands Investable Market Index Fund		66,764		1,356,644
iShares MSCI Pacific ex-Japan Index Fund		278,156		12,322,311
iShares MSCI Singapore Index Fund		95,814		1,266,661
iShares MSCI Spain Index Fund		52,132		2,119,166
iShares MSCI Sweden Index Fund		69,584		2,015,848
iShares MSCI Switzerland Index Fund		211,733		4,829,630
iShares MSCI United Kingdom Index Fund		822,900		13,462,644
iShares S&P Europe 350 Index Fund		1,172,134		44,365,272
SPDR DJ EURO Stoxx 50 Fund		10,560		387,658
Vanguard Europe Pacific ETF		138,300		4,774,116

Total Investment Companies (99.9%)
(Cost $235,186,738)				316,454,825


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (0.2%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $787,773)	$	787,773		787,773

Total Investments (100.1%)
(Cost/Amortized Cost $235,974,511)				317,242,598
Other Assets Less Liabilities (-0.1%)				(224,905	)

Net Assets (100%)			$	317,017,693

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

EQ/INTERNATIONAL ETF PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Investment Companies
Exchange Traded Funds (ETFs)	$	316,454,825	$	—	$	—	$	316,454,825
Short-Term Investments		—		787,773		—		787,773

Total Assets	$	316,454,825	$	787,773	$	—	$	317,242,598

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	316,454,825	$	787,773	$	—	$	317,242,598

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Investment Companies	$	22,806,416
Net Proceeds of Sales and Redemptions:
Investment Companies	$	18,482,718

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	81,327,969
Aggregate gross unrealized depreciation		(59,882	)

Net unrealized appreciation	$	81,268,087

Federal income tax cost of investments	$	235,974,511

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 500 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (7.5%)
*Auto Components* (*0.2%*)
Goodyear Tire & Rubber Co.*		13,024	$	140,008
Johnson Controls, Inc.		36,104		1,101,172

				1,241,180

*Automobiles* (*0.3%*)
Ford Motor Co.*		184,421		2,257,313
Harley-Davidson, Inc.		12,627		359,112

				2,616,425

*Distributors* (*0.1%)*
Genuine Parts Co.		8,451		376,830

*Diversified Consumer Services (0.1%)*
Apollo Group, Inc., Class A*		6,803		349,334
DeVry, Inc.		3,376		166,133
H&R Block, Inc.		16,543		214,232

				729,699

*Hotels, Restaurants & Leisure* (*1.2%*)
Carnival Corp.		23,308		890,599
Darden Restaurants, Inc.		7,424		317,599
International Game Technology		15,983		230,954
Marriott International, Inc., Class A		15,369		550,671
McDonald’s Corp.		57,072		4,252,435
Starbucks Corp.		39,686		1,015,168
Starwood Hotels & Resorts Worldwide, Inc.		10,195		535,747
Wyndham Worldwide Corp.		9,578		263,108
Wynn Resorts Ltd.		4,040		350,551
Yum! Brands, Inc.		25,041		1,153,388

				9,560,220

*Household Durables* (*0.3%*)
D.R. Horton, Inc.		15,018		167,000
Fortune Brands, Inc.		8,170		402,209
Harman International
Industries, Inc.*		3,729		124,586
Leggett & Platt, Inc.		7,852		178,712
Lennar Corp., Class A		8,527		131,145
Newell Rubbermaid, Inc.		14,922		265,761
Pulte Group, Inc.*		18,056		158,171
Stanley Black & Decker, Inc.		8,883		544,350
Whirlpool Corp.		4,075		329,912

				2,301,846

*Internet & Catalog Retail* (*0.6%*)
Amazon.com, Inc.*		18,971		2,979,585
Expedia, Inc.		11,136		314,147
priceline.com, Inc.*		2,595		903,942

				4,197,674

*Leisure Equipment & Products* (*0.1%*)
Eastman Kodak Co.*		15,115		63,483
Hasbro, Inc.		7,498		333,736
Mattel, Inc.		19,289		452,520

				849,739

*Media* (*2.2%*)
CBS Corp., Class B		36,501		578,906
Comcast Corp., Class A		150,493		2,720,913
DIRECTV, Class A*		46,479		1,934,921
Discovery Communications, Inc., Class A*		15,262		664,660
Gannett Co., Inc.		12,791		156,434
Interpublic Group of Cos., Inc.*		26,209		262,876
McGraw-Hill Cos., Inc.		16,575		547,970
Meredith Corp.		2,040		67,952
New York Times Co., Class A*		6,336	$	49,041
News Corp., Class A		122,279		1,596,964
Omnicom Group, Inc.		16,159		637,957
Scripps Networks Interactive, Inc., Class A		4,815		229,098
Time Warner Cable, Inc.		19,052		1,028,618
Time Warner, Inc.		60,299		1,848,164
Viacom, Inc., Class B		32,610		1,180,156
Walt Disney Co.		102,557		3,395,662
Washington Post Co., Class B		320		127,811

				17,028,103

*Multiline Retail* (*0.6%*)
Big Lots, Inc.*		4,051		134,696
Family Dollar Stores, Inc.		7,112		314,066
J.C. Penney Co., Inc.		12,678		344,588
Kohl’s Corp.*		16,515		870,010
Macy’s, Inc.		22,664		523,312
Nordstrom, Inc.		9,049		336,623
Sears Holdings Corp.*		2,374		171,260
Target Corp.		38,685		2,067,326

				4,761,881

*Specialty Retail* (*1.4%*)
Abercrombie & Fitch Co., Class A		4,733		186,102
AutoNation, Inc.*		3,375		78,469
AutoZone, Inc.*		1,538		352,064
Bed Bath & Beyond, Inc.*		14,150		614,251
Best Buy Co., Inc.		18,556		757,641
CarMax, Inc.*		11,996		334,209
GameStop Corp., Class A*		8,061		158,882
Gap, Inc.		23,562		439,196
Home Depot, Inc.		89,296		2,828,897
Limited Brands, Inc.		14,193		380,088
Lowe’s Cos., Inc.		75,246		1,677,233
Office Depot, Inc.*		15,367		70,688
O’Reilly Automotive, Inc.*		7,441		395,861
RadioShack Corp.		6,723		143,402
Ross Stores, Inc.		6,459		352,791
Staples, Inc.		39,149		818,997
Tiffany & Co.		6,770		318,122
TJX Cos., Inc.		21,484		958,831
Urban Outfitters, Inc.*		6,904		217,062

				11,082,786

*Textiles, Apparel & Luxury Goods* (*0.4%*)
Coach, Inc.		15,947		685,083
NIKE, Inc., Class B		20,720		1,660,501
Polo Ralph Lauren Corp.		3,496		314,150
VF Corp.		4,633		375,366

				3,035,100

Total Consumer Discretionary				57,781,483

Consumer Staples (8.1%)
*Beverages* (*1.9%*)
Brown-Forman Corp., Class B		5,565		343,026
Coca-Cola Co.		123,838		7,247,000
Coca-Cola Enterprises, Inc.		17,787		551,397
Constellation Brands, Inc., Class A*		9,501		168,073
Dr. Pepper Snapple Group, Inc.		12,808		454,940
Molson Coors Brewing Co., Class B		8,474		400,142
PepsiCo, Inc.		85,309		5,667,930

				14,832,508

*Food & Staples Retailing* (*1.8%)*
Costco Wholesale Corp.		23,547		1,518,546
CVS Caremark Corp.		72,830		2,291,960

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 500 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Kroger Co.		34,428	$	745,710
Safeway, Inc.		20,462		432,976
SUPERVALU, Inc.		11,374		131,142
Sysco Corp.		31,549		899,778
Walgreen Co.		52,184		1,748,164
Wal-Mart Stores, Inc.		107,249		5,739,967
Whole Foods Market, Inc.*		7,836		290,794

				13,799,037

*Food Products* (*1.3%*)
Archer-Daniels-Midland Co.		34,281		1,094,250
Campbell Soup Co.		10,377		370,978
ConAgra Foods, Inc.		23,576		517,257
Dean Foods Co.*		9,762		99,670
General Mills, Inc.		34,437		1,258,328
H.J. Heinz Co.		17,070		808,606
Hershey Co.		8,281		394,093
Hormel Foods Corp.		3,713		165,600
J.M. Smucker Co.		6,408		387,876
Kellogg Co.		13,977		705,978
Kraft Foods, Inc., Class A		93,519		2,885,996
McCormick & Co., Inc. (Non-Voting)		7,144		300,334
Mead Johnson Nutrition Co.		10,968		624,189
Sara Lee Corp.		35,508		476,872
Tyson Foods, Inc., Class A		15,989		256,144

				10,346,171

*Household Products* (*1.7%*)
Clorox Co.		7,450		497,362
Colgate-Palmolive Co.		26,060		2,002,972
Kimberly-Clark Corp.		21,948		1,427,717
Procter & Gamble Co.		152,204		9,127,674

				13,055,725

*Personal Products* (*0.2%*)
Avon Products, Inc.		23,001		738,562
Estee Lauder Cos., Inc., Class A		6,122		387,094

				1,125,656

*Tobacco* (*1.2%*)
Altria Group, Inc.		111,745		2,684,115
Lorillard, Inc.		8,136		653,402
Philip Morris International, Inc.		98,282		5,505,758
Reynolds American, Inc.		9,067		538,489

				9,381,764

Total Consumer Staples				62,540,861

Energy (7.9%)
*Energy Equipment & Services* (*1.3%*)
Baker Hughes, Inc.		23,116		984,742
Cameron International Corp.*		12,987		557,921
Diamond Offshore Drilling, Inc.		3,727		252,579
FMC Technologies, Inc.*		6,435		439,446
Halliburton Co.		48,841		1,615,172
Helmerich & Payne, Inc.		5,674		229,570
Nabors Industries Ltd.*		15,296		276,246
National Oilwell Varco, Inc.		22,472		999,330
Rowan Cos., Inc.*		6,146		186,592
Schlumberger Ltd.		73,266		4,513,918

				10,055,516

*Oil, Gas & Consumable Fuels* (*6.6%*)
Anadarko Petroleum Corp.		26,539		1,514,050
Apache Corp.		19,533		1,909,546
Cabot Oil & Gas Corp.		5,583		168,104
Chesapeake Energy Corp.		35,085		794,675
Chevron Corp.		107,812		8,738,163
ConocoPhillips		79,541		4,568,040
Consol Energy, Inc.		12,107		447,475
Denbury Resources, Inc.*		21,408	$	340,173
Devon Energy Corp.		23,325		1,510,060
El Paso Corp.		37,748		467,320
EOG Resources, Inc.		13,592		1,263,648
EQT Corp.		7,996		288,336
Exxon Mobil Corp.		273,032		16,870,647
Hess Corp.		15,673		926,588
Marathon Oil Corp.		38,053		1,259,554
Massey Energy Co.		5,474		169,803
Murphy Oil Corp.		10,284		636,785
Noble Energy, Inc.		9,373		703,819
Occidental Petroleum Corp.		43,554		3,410,278
Peabody Energy Corp.		14,433		707,361
Pioneer Natural Resources Co.		6,220		404,487
QEP Resources, Inc.		9,391		283,045
Range Resources Corp.		8,581		327,194
Southwestern Energy Co.*		18,557		620,546
Spectra Energy Corp.		34,747		783,545
Sunoco, Inc.		6,465		235,973
Tesoro Corp.		7,651		102,217
Valero Energy Corp.		30,363		531,656
Williams Cos., Inc.		31,350		599,099

				50,582,187

Total Energy				60,637,703

Financials (11.2%)
*Capital Markets* (*1.7%*)
Ameriprise Financial, Inc.		13,462		637,157
Bank of New York Mellon Corp.		65,098		1,701,011
Charles Schwab Corp.		53,133		738,549
ETRADE Financial Corp.		10,650		154,851
Federated Investors, Inc., Class B		4,918		111,934
Franklin Resources, Inc.		7,856		839,806
Goldman Sachs Group, Inc.		27,649		3,997,492
Invesco Ltd.		25,101		532,894
Janus Capital Group, Inc.		9,845		107,803
Legg Mason, Inc.		8,282		251,027
Morgan Stanley		74,907		1,848,705
Northern Trust Corp.		12,981		626,203
State Street Corp.		26,911		1,013,468
T. Rowe Price Group, Inc.		13,746		688,194

				13,249,094

*Commercial Banks* (*2.0%*)
BB&T Corp.		37,157		894,741
Comerica, Inc.		9,454		351,216
Fifth Third Bancorp		42,698		513,657
First Horizon National Corp.*		12,472		142,306
Huntington Bancshares, Inc./Ohio		38,435		217,927
KeyCorp.		47,199		375,704
M&T Bank Corp.		4,599		376,244
Marshall & Ilsley Corp.		28,288		199,148
PNC Financial Services Group, Inc.		28,173		1,462,460
Regions Financial Corp.		67,342		489,576
SunTrust Banks, Inc.		26,807		692,425
U.S. Bancorp		102,801		2,222,558
Wells Fargo & Co.		280,625		7,052,106
Zions Bancorp		9,294		198,520

				15,188,588

*Consumer Finance* (*0.5%*)
American Express Co.		56,131		2,359,186
Capital One Financial Corp.		24,493		968,698
Discover Financial Services		29,171		486,572
SLM Corp.*		26,042		300,785

				4,115,241

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 500 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Diversified Financial Services* (*2.9%*)
Bank of America Corp.		538,031	$	7,053,587
Citigroup, Inc.*		1,273,956		4,968,428
CME Group, Inc.		3,605		938,922
IntercontinentalExchange, Inc.*		3,971		415,843
JPMorgan Chase & Co.		212,619		8,094,405
Leucadia National Corp.*		10,567		249,593
Moody’s Corp.		10,930		273,031
NASDAQ OMX Group, Inc.*		7,716		149,922
NYSE Euronext		13,972		399,180

				22,542,911

*Insurance* (*3.0%*)
ACE Ltd.		18,171		1,058,461
Aflac, Inc.		25,246		1,305,471
Allstate Corp.		28,852		910,281
American International Group, Inc.*		7,245		283,280
Aon Corp.		14,462		565,609
Assurant, Inc.		5,713		232,519
Berkshire Hathaway, Inc., Class B*		92,759		7,669,314
Chubb Corp.		16,867		961,250
Cincinnati Financial Corp.		8,722		251,630
Genworth Financial, Inc., Class A*		26,237		320,616
Hartford Financial Services Group, Inc.		23,825		546,784
Lincoln National Corp.		16,983		406,233
Loews Corp.		17,045		646,005
Marsh & McLennan Cos., Inc.		29,088		701,603
MetLife, Inc.		48,618		1,869,362
Principal Financial Group, Inc.		17,175		445,176
Progressive Corp.		35,799		747,125
Prudential Financial, Inc.		25,041		1,356,721
Torchmark Corp.		4,334		230,309
Travelers Cos., Inc.		25,202		1,313,024
Unum Group		17,523		388,134
XL Group plc		18,338		397,201

				22,606,108

*Real Estate Investment Trusts (REITs)* (*1.0%*)
Apartment Investment & Management Co. (REIT), Class A		6,275		134,160
AvalonBay Communities, Inc. (REIT)		4,567		474,648
Boston Properties, Inc. (REIT)		7,472		621,073
Equity Residential (REIT)		15,199		723,016
HCP, Inc. (REIT)		16,626		598,203
Health Care REIT, Inc. (REIT)		6,683		316,373
Host Hotels & Resorts, Inc. (REIT)		35,301		511,158
Kimco Realty Corp. (REIT)		21,760		342,720
Plum Creek Timber Co., Inc. (REIT)		8,665		305,875
ProLogis (REIT)		25,565		301,156
Public Storage (REIT)		7,480		725,859
Simon Property Group, Inc. (REIT)		15,702		1,456,204
Ventas, Inc. (REIT)		8,423		434,374
Vornado Realty Trust (REIT)		8,700		744,111

				7,688,930

*Real Estate Management & Development* (*0.0%*)
CB Richard Ellis Group, Inc., Class A*		15,528		283,852

*Thrifts & Mortgage Finance* (*0.1%*)
Hudson City Bancorp, Inc.		28,236		346,173
People’s United Financial, Inc.		19,886		260,308

				606,481

Total Financials				86,281,205

Health Care (8.4%)
*Biotechnology* (*1.0%*)
Amgen, Inc.*		51,395	$	2,832,378
Biogen Idec, Inc.*		12,972		727,989
Celgene Corp.*		24,637		1,419,338
Cephalon, Inc.*		4,032		251,758
Genzyme Corp.*		13,665		967,345
Gilead Sciences, Inc.*		44,969		1,601,346

				7,800,154

*Health Care Equipment & Supplies* (*1.2%*)
Baxter International, Inc.		31,335		1,494,993
Becton, Dickinson and Co.		12,448		922,397
Boston Scientific Corp.*		81,334		498,577
C.R. Bard, Inc.		5,022		408,941
CareFusion Corp.*		10,253		254,685
DENTSPLY International, Inc.		7,658		244,826
Hospira, Inc.*		8,971		511,437
Intuitive Surgical, Inc.*		2,111		598,975
Medtronic, Inc.		57,905		1,944,450
St. Jude Medical, Inc.*		17,556		690,653
Stryker Corp.		18,305		916,165
Varian Medical Systems, Inc.*		6,522		394,581
Zimmer Holdings, Inc.*		10,776		563,908

				9,444,588

*Health Care Providers & Services* (*1.5%*)
Aetna, Inc.		22,382		707,495
AmerisourceBergen Corp.		14,952		458,428
Cardinal Health, Inc.		18,830		622,143
CIGNA Corp.		14,595		522,209
Coventry Health Care, Inc.*		7,956		171,293
DaVita, Inc.*		5,502		379,803
Express Scripts, Inc.*		29,085		1,416,440
Humana, Inc.*		9,074		455,878
Laboratory Corp. of America Holdings*		5,512		432,306
McKesson Corp.		14,019		866,094
Medco Health Solutions, Inc.*		23,253		1,210,551
Patterson Cos., Inc.		5,185		148,550
Quest Diagnostics, Inc.		7,887		398,057
Tenet Healthcare Corp.*		26,013		122,781
UnitedHealth Group, Inc.		60,285		2,116,606
WellPoint, Inc.*		21,435		1,214,079

				11,242,713

*Health Care Technology* (*0.0%*)
Cerner Corp.*		3,804		319,498

*Life Sciences Tools & Services* (*0.3%*)
Life Technologies Corp.*		9,830		458,963
PerkinElmer, Inc.		6,322		146,291
Thermo Fisher Scientific, Inc.*		21,847		1,046,035
Waters Corp.*		4,935		349,299

				2,000,588

*Pharmaceuticals* (*4.4%*)
Abbott Laboratories, Inc.		82,794		4,325,159
Allergan, Inc.		16,489		1,097,013
Bristol-Myers Squibb Co.		91,952		2,492,819
Eli Lilly and Co.		54,413		1,987,707
Forest Laboratories, Inc.*		15,311		473,569
Johnson & Johnson		147,698		9,151,368
King Pharmaceuticals, Inc.*		13,385		133,315
Merck & Co., Inc.		165,025		6,074,570
Mylan, Inc.*		16,587		312,001
Pfizer, Inc.		431,027		7,400,734

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 500 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Watson Pharmaceuticals, Inc.*		5,758	$	243,621

				33,691,876

Total Health Care				64,499,417

Industrials (7.8%)
*Aerospace & Defense* (*2.0%*)
Boeing Co.		39,234		2,610,630
General Dynamics Corp.		20,396		1,281,073
Goodrich Corp.		6,718		495,318
Honeywell International, Inc.		41,407		1,819,424
ITT Corp.		9,834		460,526
L-3 Communications Holdings, Inc.		6,138		443,593
Lockheed Martin Corp.		15,939		1,136,132
Northrop Grumman Corp.		15,777		956,560
Precision Castparts Corp.		7,628		971,426
Raytheon Co.		20,061		916,988
Rockwell Collins, Inc.		8,429		490,989
United Technologies Corp.		49,818		3,548,536

				15,131,195

*Air Freight & Logistics* (*0.8%*)
C.H. Robinson Worldwide, Inc.		8,894		621,868
Expeditors International of Washington, Inc.		11,377		525,959
FedEx Corp.		16,866		1,442,043
United Parcel Service, Inc., Class B		53,123		3,542,773

				6,132,643

*Airlines* (*0.1%*)
Southwest Airlines Co.		39,997		522,761

*Building Products* (*0.0%*)
Masco Corp.		19,221		211,623

*Commercial Services & Supplies* (*0.4%*)
Avery Dennison Corp.		5,893		218,748
Cintas Corp.		7,131		196,459
Iron Mountain, Inc.		10,804		241,361
Pitney Bowes, Inc.		11,082		236,933
R.R. Donnelley & Sons Co.		11,061		187,595
Republic Services, Inc.		16,430		500,951
Stericycle, Inc.*		4,574		317,801
Waste Management, Inc.		25,601		914,980

				2,814,828

*Construction & Engineering* (*0.1%*)
Fluor Corp.		9,585		474,745
Jacobs Engineering Group, Inc.*		6,742		260,916
Quanta Services, Inc.*		11,312		215,833

				951,494

*Electrical Equipment* (*0.4%*)
Emerson Electric Co.		40,345		2,124,568
Rockwell Automation, Inc.		7,607		469,580
Roper Industries, Inc.		5,050		329,159

				2,923,307

*Industrial Conglomerates* (*1.8%*)
3M Co.		38,240		3,315,790
General Electric Co.		573,281		9,315,816
Textron, Inc.		14,703		302,294
Tyco International Ltd.		26,687		980,214

				13,914,114

*Machinery* (*1.4%*)
Caterpillar, Inc.		33,807		2,659,935
Cummins, Inc.		10,659		965,492
Danaher Corp.		28,696		1,165,344
Deere & Co.		22,728		1,585,960
Dover Corp.		10,009		522,570
Eaton Corp.		8,998	$	742,245
Flowserve Corp.		3,000		328,260
Illinois Tool Works, Inc.		26,999		1,269,493
PACCAR, Inc.		19,547		941,188
Pall Corp.		6,256		260,500
Parker Hannifin Corp.		8,643		605,528
Snap-On, Inc.		3,115		144,879

				11,191,394

*Professional Services* (*0.1%*)
Dun & Bradstreet Corp.		2,684		198,992
Equifax, Inc.		6,703		209,133
Robert Half International, Inc.		7,913		205,738

				613,863

*Road & Rail* (*0.6%*)
CSX Corp.		20,357		1,126,149
Norfolk Southern Corp.		19,766		1,176,275
Ryder System, Inc.		2,811		120,226
Union Pacific Corp.		26,680		2,182,424

				4,605,074

*Trading Companies & Distributors* (*0.1%*)
Fastenal Co.		7,905		420,467
W.W. Grainger, Inc.		3,196		380,676

				801,143

Total Industrials				59,813,439

Information Technology (13.6%)
*Communications Equipment* (*1.7%*)
Cisco Systems, Inc.*		306,241		6,706,678
Harris Corp.		6,919		306,442
JDS Uniphase Corp.*		11,880		147,193
Juniper Networks, Inc.*		27,879		846,128
Motorola, Inc.*		125,144		1,067,478
QUALCOMM, Inc.		86,073		3,883,614
Tellabs, Inc.		20,448		152,338

				13,109,871

*Computers & Peripherals* (*3.2%*)
Apple, Inc.*		48,987		13,900,061
Dell, Inc.*		90,723		1,175,770
EMC Corp.*		110,112		2,236,375
Hewlett-Packard Co.		121,600		5,115,712
Lexmark International, Inc., Class A*		4,210		187,850
NetApp, Inc.*		19,147		953,329
QLogic Corp.*		5,857		103,318
SanDisk Corp.*		12,498		458,052
Western Digital Corp.*		12,296		349,083

				24,479,550

*Electronic Equipment, Instruments & Components* (*0.4%*)
Agilent Technologies, Inc.*		18,572		619,748
Amphenol Corp., Class A		9,315		456,249
Corning, Inc.		83,736		1,530,694
FLIR Systems, Inc.*		8,478		217,884
Jabil Circuit, Inc.		10,493		151,204
Molex, Inc.		7,381		154,484

				3,130,263

*Internet Software & Services* (*1.3%*)
Akamai Technologies, Inc.*		9,738		488,653
eBay, Inc.*		61,916		1,510,750
Google, Inc., Class A*		13,330		7,008,781
Monster Worldwide, Inc.*		6,959		90,189
VeriSign, Inc.*		9,337		296,356
Yahoo!, Inc.*		72,296		1,024,434

				10,419,163

*IT Services* (*2.3%*)
Automatic Data Processing, Inc.		26,383		1,108,878

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 500 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Cognizant Technology Solutions Corp., Class A*		16,134	$	1,040,159
Computer Sciences Corp.		8,278		380,788
Fidelity National Information Services, Inc.		14,138		383,564
Fiserv, Inc.*		8,049		433,197
International Business Machines Corp.		67,632		9,072,156
Mastercard, Inc., Class A		5,193		1,163,232
Paychex, Inc.		17,250		474,203
SAIC, Inc.*		15,744		251,589
Teradata Corp.*		8,971		345,922
Total System Services, Inc.		9,021		137,480
Visa, Inc., Class A		26,648		1,978,880
Western Union Co.		35,397		625,465

				17,395,513

*Office Electronics* (*0.1%*)
Xerox Corp.		74,159		767,546

*Semiconductors & Semiconductor Equipment* (*1.8%*)
Advanced Micro Devices, Inc.*		30,380		216,002
Altera Corp.		16,473		496,826
Analog Devices, Inc.		15,984		501,578
Applied Materials, Inc.		71,640		836,755
Broadcom Corp., Class A		24,028		850,351
First Solar, Inc.*		2,890		425,841
Intel Corp.		298,565		5,741,405
KLA-Tencor Corp.		8,999		317,035
Linear Technology Corp.		12,035		369,836
LSI Corp.*		34,411		156,914
MEMC Electronic Materials, Inc.*		12,192		145,329
Microchip Technology, Inc.		9,970		313,556
Micron Technology, Inc.*		45,842		330,521
National Semiconductor Corp.		12,843		164,005
Novellus Systems, Inc.*		4,929		131,013
NVIDIA Corp.*		30,777		359,475
Teradyne, Inc.*		9,722		108,303
Texas Instruments, Inc.		64,089		1,739,375
Xilinx, Inc.		13,878		369,294

				13,573,414

*Software* (*2.8%*)
Adobe Systems, Inc.*		28,163		736,463
Autodesk, Inc.*		12,187		389,618
BMC Software, Inc.*		9,578		387,718
CA, Inc.		20,750		438,240
Citrix Systems, Inc.*		10,024		684,038
Compuware Corp.*		11,968		102,087
Electronic Arts, Inc.*		17,710		290,975
Intuit, Inc.*		15,159		664,116
McAfee, Inc.*		8,155		385,405
Microsoft Corp.		408,337		10,000,173
Novell, Inc.*		18,833		112,433
Oracle Corp.		207,528		5,572,127
Red Hat, Inc.*		10,131		415,371
Salesforce.com, Inc.*		6,269		700,874
Symantec Corp.*		42,326		642,085

				21,521,723

Total Information Technology				104,397,043

Materials (2.6%)
*Chemicals* (*1.4%*)
Air Products & Chemicals, Inc.		11,397		943,900
Airgas, Inc.		3,993		271,324
CF Industries Holdings, Inc.		3,812		364,046
Dow Chemical Co.		62,193	$	1,707,820
E.I. du Pont de Nemours & Co.		48,609		2,168,934
Eastman Chemical Co.		3,874		286,676
Ecolab, Inc.		12,510		634,757
FMC Corp.		3,887		265,910
International Flavors & Fragrances, Inc.		4,282		207,763
Monsanto Co.		28,980		1,389,011
PPG Industries, Inc.		8,856		644,717
Praxair, Inc.		16,412		1,481,347
Sherwin-Williams Co.		4,842		363,828
Sigma-Aldrich Corp.		6,506		392,832

				11,122,865

*Construction Materials* (*0.0%*)
Vulcan Materials Co.		6,878		253,936

*Containers & Packaging* (*0.2%*)
Ball Corp.		4,910		288,954
Bemis Co., Inc.		5,852		185,801
Owens-Illinois, Inc.*		8,769		246,058
Pactiv Corp.*		7,303		240,853
Sealed Air Corp.		8,557		192,361

				1,154,027

*Metals & Mining* (*0.8%*)
AK Steel Holding Corp.		5,916		81,700
Alcoa, Inc.		54,757		663,107
Allegheny Technologies, Inc.		5,286		245,535
Cliffs Natural Resources, Inc.		7,263		464,251
Freeport-McMoRan Copper & Gold, Inc.		25,226		2,154,048
Newmont Mining Corp.		26,402		1,658,310
Nucor Corp.		16,921		646,382
Titanium Metals Corp.*		4,830		96,407
United States Steel Corp.		7,698		337,480

				6,347,220

*Paper & Forest Products* (*0.2%*)
International Paper Co.		23,433		509,668
MeadWestvaco Corp.		9,158		223,272
Weyerhaeuser Co.		28,719		452,611

				1,185,551

Total Materials				20,063,599

Telecommunication Services (2.3%)
*Diversified Telecommunication Services* (*2.1%*)
AT&T, Inc.		316,851		9,061,939
CenturyLink, Inc.		16,164		637,831
Frontier Communications Corp.		53,191		434,570
Qwest Communications International, Inc.		93,258		584,728
Verizon Communications, Inc.		151,575		4,939,829
Windstream Corp.		25,906		318,385

				15,977,282

*Wireless Telecommunication Services* (*0.2%*)
American Tower Corp., Class A*		21,510		1,102,603
MetroPCS Communications, Inc.*		14,040		146,858
Sprint Nextel Corp.*		160,030		740,939

				1,990,400

Total Telecommunication Services				17,967,682

Utilities (2.6%)
*Electric Utilities* (*1.4%*)
Allegheny Energy, Inc.		9,094		222,985
American Electric Power Co., Inc.		25,708		931,401
Duke Energy Corp.		70,710		1,252,274

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 500 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Edison International		17,470	$	600,793
Entergy Corp.		10,017		766,601
Exelon Corp.		35,444		1,509,206
FirstEnergy Corp.		16,346		629,975
NextEra Energy, Inc.		22,298		1,212,788
Northeast Utilities		9,445		279,289
Pepco Holdings, Inc.		12,004		223,274
Pinnacle West Capital Corp.		5,825		240,398
PPL Corp.		25,884		704,821
Progress Energy, Inc.		15,689		696,905
Southern Co.		44,544		1,658,819

				10,929,529

*Gas Utilities* (*0.1%*)
Nicor, Inc.		2,440		111,801
Oneok, Inc.		5,706		256,998

				368,799

*Independent Power Producers & Energy Traders* (*0.1%*)
AES Corp.*		35,762		405,899
Constellation Energy Group, Inc.		10,829		349,127
NRG Energy, Inc.*		13,575		282,631

				1,037,657

*Multi-Utilities* (*1.0%*)
Ameren Corp.		12,827		364,287
CenterPoint Energy, Inc.		22,612		355,461
CMS Energy Corp.		12,341		222,385
Consolidated Edison, Inc.		15,155		730,774
Dominion Resources, Inc.		31,590		1,379,219
DTE Energy Co.		9,051		415,712
Integrys Energy Group, Inc.		4,141		215,580
NiSource, Inc.		14,904		259,330
PG&E Corp.		20,953		951,685
Public Service Enterprise Group, Inc.		27,130		897,460
SCANA Corp.		6,043		243,654
Sempra Energy		13,290		715,002
TECO Energy, Inc.		11,505		199,267
Wisconsin Energy Corp.		6,268		362,290
Xcel Energy, Inc.		24,646		566,119

				7,878,225

Total Utilities				20,214,210

Total Common Stocks (72.0%) (Cost $538,820,288)				554,196,642


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Short-Term Investment (25.5%)
BlackRock Liquidity Funds TempFund
0.23% ‡
(Amortized Cost $195,686,096)	$	195,686,096		195,686,096

Total Investments (97.5%) (Cost $734,506,384)				749,882,738
Other Assets Less Liabilities (2.5%)				18,974,467

Net Assets (100%)			$	768,857,205

*	Non-income producing.

‡	Affiliated company as defined under the Investment Company Act of 1940.

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 500 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	66,210,916	$	544,050,817	$	414,575,637	$	195,686,096	$	178,481	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


Purchase	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
S&P 500 E-Mini Index		3,746		December-10	$	206,894,970	$	212,903,910	$	6,008,940

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	57,781,483	$	—	$	—	$	57,781,483
Consumer Staples		62,540,861		—		—		62,540,861
Energy		60,637,703		—		—		60,637,703
Financials		86,281,205		—		—		86,281,205
Health Care		64,499,417		—		—		64,499,417
Industrials		59,813,439		—		—		59,813,439
Information Technology		104,397,043		—		—		104,397,043
Materials		20,063,599		—		—		20,063,599
Telecommunication Services		17,967,682		—		—		17,967,682
Utilities		20,214,210		—		—		20,214,210
Futures		6,008,940		—		—		6,008,940
Short-Term Investments		—		195,686,096		—		195,686,096

Total Assets	$	560,205,582	$	195,686,096	$	—	$	755,891,678

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	560,205,582	$	195,686,096	$	—	$	755,891,678

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	394,919,709
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	3,951,694

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 500 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	29,750,135
Aggregate gross unrealized depreciation		(14,392,092	)

Net unrealized appreciation	$	15,358,043

Federal income tax cost of investments	$	734,524,695

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 400 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (10.4%)
*Auto Components* (*0.7%*)
BorgWarner, Inc.*		5,844	$	307,511
Gentex Corp.		7,185		140,180

				447,691

*Automobiles* (*0.1%*)
Thor Industries, Inc.		2,018		67,401

*Distributors* (*0.2%*)
LKQ Corp.*		7,347		152,818

*Diversified Consumer Services* (*1.0%*)
Career Education Corp.*		3,391		72,805
Corinthian Colleges, Inc.*		4,586		32,194
ITT Educational Services, Inc.*		1,417		99,573
Matthews International Corp., Class A		1,536		54,313
Regis Corp.		2,968		56,778
Service Corp. International		12,680		109,302
Sotheby’s, Inc.		3,442		126,734
Strayer Education, Inc.		713		124,418

				676,117

*Hotels, Restaurants & Leisure* (*1.7%*)
Bally Technologies, Inc.*		2,773		96,916
Bob Evans Farms, Inc.		1,570		44,070
Boyd Gaming Corp.*		2,925		21,206
Brinker International, Inc.		5,220		98,449
Burger King Holdings, Inc.		4,746		113,335
Cheesecake Factory, Inc.*		3,060		80,998
Chipotle Mexican Grill, Inc.*		1,594		274,168
International Speedway Corp., Class A		1,516		36,991
Life Time Fitness, Inc.*		2,154		85,018
Panera Bread Co., Class A*		1,597		141,510
Scientific Games Corp., Class A*		3,280		31,816
Wendy’s/Arby’s Group, Inc., Class A		16,572		75,071
WMS Industries, Inc.*		2,984		113,601

				1,213,149

*Household Durables* (*1.2%*)
American Greetings Corp., Class A		2,068		38,444
KB Home		3,730		42,261
M.D.C. Holdings, Inc.		1,944		56,434
Mohawk Industries, Inc.*		2,887		153,877
NVR, Inc.*		300		194,259
Ryland Group, Inc.		2,280		40,858
Toll Brothers, Inc.*		7,408		140,900
Tupperware Brands Corp.		3,238		148,171

				815,204

*Internet & Catalog Retail* (*0.5%*)
Netflix, Inc.*		2,227		361,130

*Media* (*0.5%*)
DreamWorks Animation SKG, Inc., Class A*		3,678		117,365
Harte-Hanks, Inc.		2,024		23,620
John Wiley & Sons, Inc., Class A		2,385		97,451
Lamar Advertising Co., Class A*		2,942		93,614
Scholastic Corp.		1,440		40,061

				372,111

*Multiline Retail* (*0.6%*)
99 Cents Only Stores*		2,414		45,576
Dollar Tree, Inc.*		6,506		317,233
Saks, Inc.*		8,283		71,234

				434,043

*Specialty Retail* (*2.9%*)
Aaron’s, Inc.		3,731	$	68,837
Advance Auto Parts, Inc.		4,320		253,498
Aeropostale, Inc.*		4,750		110,438
American Eagle Outfitters, Inc.		10,036		150,139
AnnTaylor Stores Corp.*		3,043		61,590
Barnes & Noble, Inc.		2,021		32,760
Chico’s FAS, Inc.		9,212		96,910
Coldwater Creek, Inc.*		3,154		16,622
Collective Brands, Inc.*		3,321		53,601
Dick’s Sporting Goods, Inc.*		4,522		126,797
Dress Barn, Inc.*		3,554		84,407
Foot Locker, Inc.		7,996		116,182
Guess?, Inc.		3,253		132,169
J. Crew Group, Inc.*		3,274		110,072
PetSmart, Inc.		6,079		212,765
Rent-A-Center, Inc.		3,395		75,980
Tractor Supply Co.		3,726		147,773
Williams-Sonoma, Inc.		5,549		175,903

				2,026,443

*Textiles, Apparel & Luxury Goods* (*1.0%*)
Fossil, Inc.*		2,722		146,416
Hanesbrands, Inc.*		4,912		127,024
Phillips-Van Heusen Corp.		3,401		204,604
Timberland Co., Class A*		2,068		40,967
Under Armour, Inc., Class A*		1,798		80,982
Warnaco Group, Inc.*		2,288		116,986

				716,979

Total Consumer Discretionary				7,283,086

Consumer Staples (2.9%)
*Beverages* (*0.2%*)
Hansen Natural Corp.*		3,528		164,475

*Food & Staples Retailing* (*0.3%*)
BJ’s Wholesale Club, Inc.*		2,803		116,325
Ruddick Corp.		2,187		75,845

				192,170

*Food Products* (*1.1%*)
Corn Products International, Inc.		3,863		144,862
Flowers Foods, Inc.		3,921		97,398
Green Mountain Coffee Roasters, Inc.*		5,887		183,616
Lancaster Colony Corp.		1,001		47,547
Ralcorp Holdings, Inc.*		2,817		164,738
Smithfield Foods, Inc.*		8,520		143,392
Tootsie Roll Industries, Inc.		1,253		31,175

				812,728

*Household Products* (*0.7%*)
Church & Dwight Co., Inc.		3,641		236,446
Energizer Holdings, Inc.*		3,598		241,894

				478,340

*Personal Products* (*0.5%*)
Alberto-Culver Co.		4,406		165,886
NBTY, Inc.*		3,253		178,850

				344,736

*Tobacco* (*0.1%*)
Universal Corp.		1,247		49,992

Total Consumer Staples				2,042,441

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 400 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Energy (4.3%)
*Energy Equipment & Services* (*1.5%*)
Atwood Oceanics, Inc.*		2,883	$	87,787
Exterran Holdings, Inc.*		3,252		73,853
Helix Energy Solutions Group, Inc.*		5,434		60,535
Oceaneering International, Inc.*		2,779		149,677
Patterson-UTI Energy, Inc.		7,914		135,171
Pride International, Inc.*		9,005		265,017
Superior Energy Services, Inc.*		4,048		108,041
Tidewater, Inc.		2,640		118,298
Unit Corp.*		2,043		76,184

				1,074,563

*Oil, Gas & Consumable Fuels* (*2.8%*)
Arch Coal, Inc.		8,333		222,574
Bill Barrett Corp.*		2,364		85,104
Cimarex Energy Co.		4,310		285,236
Comstock Resources, Inc.*		2,441		54,898
Forest Oil Corp.*		5,814		172,676
Frontier Oil Corp.		5,439		72,883
Mariner Energy, Inc.*		5,278		127,886
Newfield Exploration Co.*		6,846		393,234
Overseas Shipholding Group, Inc.		1,382		47,430
Patriot Coal Corp.*		4,135		47,180
Plains Exploration & Production Co.*		7,186		191,651
Quicksilver Resources, Inc.*		6,048		76,205
Southern Union Co.		6,388		153,695

				1,930,652

Total Energy				3,005,215

Financials (14.8%)
*Capital Markets* (*1.6%*)
Affiliated Managers Group, Inc.*		2,620		204,386
Apollo Investment Corp.		9,992		102,218
Eaton Vance Corp.		6,060		175,982
Greenhill & Co., Inc.		1,302		103,275
Jefferies Group, Inc.		6,343		143,923
Raymond James Financial, Inc.		5,114		129,538
SEI Investments Co.		7,545		153,465
Waddell & Reed Financial, Inc., Class A		4,388		120,056

				1,132,843

*Commercial Banks* (*2.5%*)
Associated Banc-Corp.		8,883		117,167
BancorpSouth, Inc.		3,789		53,728
Bank of Hawaii Corp.		2,479		111,357
Cathay General Bancorp		4,054		48,202
City National Corp./California		2,381		126,360
Commerce Bancshares, Inc./Missouri		3,808		143,143
Cullen/Frost Bankers, Inc.		3,113		167,697
FirstMerit Corp.		5,591		102,427
Fulton Financial Corp.		10,220		92,593
International Bancshares Corp.		2,733		46,160
PacWest Bancorp		1,632		31,106
Prosperity Bancshares, Inc.		2,399		77,896
SVB Financial Group*		2,157		91,284
Synovus Financial Corp.		40,179		98,840
TCF Financial Corp.		6,513		105,446
Trustmark Corp.		2,930		63,698
Valley National Bancorp		8,277		106,773
Webster Financial Corp.		3,397		59,651
Westamerica Bancorp		1,499		81,681
Wilmington Trust Corp.		4,730		42,475

				1,767,684

*Consumer Finance* (*0.2%*)
AmeriCredit Corp.*		5,044	$	123,376

*Diversified Financial Services* (*0.3%*)
MSCI, Inc., Class A*		6,041		200,622

*Insurance* (*3.1%*)
American Financial Group, Inc./Ohio		4,063		124,247
Arthur J. Gallagher & Co.		5,400		142,398
Brown & Brown, Inc.		5,987		120,878
Everest Reinsurance Group Ltd.		2,883		249,293
Fidelity National Financial, Inc., Class A		11,685		183,571
First American Financial Corp.		5,357		80,034
Hanover Insurance Group, Inc.		2,308		108,476
HCC Insurance Holdings, Inc.		5,911		154,218
Mercury General Corp.		1,833		74,915
Old Republic International Corp.		13,222		183,125
Protective Life Corp.		4,403		95,809
Reinsurance Group of America, Inc.		3,753		181,232
StanCorp Financial Group, Inc.		2,392		90,896
Transatlantic Holdings, Inc.		3,271		166,232
Unitrin, Inc.		2,583		62,999
W. R. Berkley Corp.		6,244		169,025

				2,187,348

*Real Estate Investment Trusts (REITs)* (*5.8%*)
Alexandria Real Estate Equities, Inc. (REIT)		2,791		195,370
AMB Property Corp. (REIT)		8,628		228,383
BRE Properties, Inc. (REIT)		3,286		136,369
Camden Property Trust (REIT)		3,437		164,873
Corporate Office Properties Trust/Maryland (REIT)		3,045		113,609
Cousins Properties, Inc. (REIT)		5,334		38,085
Duke Realty Corp. (REIT)		12,909		149,615
Equity One, Inc. (REIT)		2,155		36,376
Essex Property Trust, Inc. (REIT)		1,556		170,289
Federal Realty Investment Trust (REIT)		3,148		257,066
Highwoods Properties, Inc. (REIT)		2,436		79,097
Hospitality Properties Trust (REIT)		6,334		141,438
Liberty Property Trust (REIT)		5,834		186,105
Macerich Co. (REIT)		6,659		286,004
Mack-Cali Realty Corp. (REIT)		4,076		133,326
Nationwide Health Properties, Inc. (REIT)		6,344		245,322
Omega Healthcare Investors, Inc. (REIT)		4,869		109,309
Potlatch Corp. (REIT)		2,058		69,972
Rayonier, Inc. (REIT)		4,107		205,843
Realty Income Corp. (REIT)		5,628		189,776
Regency Centers Corp. (REIT)		4,200		165,774
Senior Housing Properties Trust (REIT)		6,538		153,643
SL Green Realty Corp. (REIT)		4,003		253,510
UDR, Inc. (REIT)		9,200		194,304
Weingarten Realty Investors (REIT)		6,180		134,848

				4,038,306

*Real Estate Management & Development* (*0.3%*)
Jones Lang LaSalle, Inc.		2,187		188,672

*Thrifts & Mortgage Finance* (*1.0%*)
Astoria Financial Corp.		4,240		57,791
First Niagara Financial Group, Inc.		10,734		125,051

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 400 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
New York Community Bancorp, Inc.		22,315	$	362,619
NewAlliance Bancshares, Inc.		5,411		68,287
Washington Federal, Inc.		5,783		88,248

				701,996

Total Financials				10,340,847

Health Care (8.3%)
*Biotechnology* (*0.7%*)
United Therapeutics Corp.*		2,550		142,826
Vertex Pharmaceuticals, Inc.*		10,392		359,251

				502,077

*Health Care Equipment & Supplies* (*2.9%*)
Beckman Coulter, Inc.		3,553		173,351
Edwards Lifesciences Corp.*		5,808		389,426
Gen-Probe, Inc.*		2,500		121,150
Hill-Rom Holdings, Inc.		3,261		117,037
Hologic, Inc.*		13,288		212,741
IDEXX Laboratories, Inc.*		2,960		182,691
Immucor, Inc.*		3,602		71,428
Kinetic Concepts, Inc.*		3,211		117,458
Masimo Corp.		3,025		82,613
ResMed, Inc.*		7,759		254,573
STERIS Corp.		3,061		101,686
Teleflex, Inc.		2,051		116,456
Thoratec Corp.*		3,003		111,051

				2,051,661

*Health Care Providers & Services* (*2.5%*)
Community Health Systems, Inc.*		4,844		150,019
Health Management Associates, Inc., Class A*		12,881		98,669
Health Net, Inc.*		4,986		135,569
Henry Schein, Inc.*		4,691		274,799
Kindred Healthcare, Inc.*		2,053		26,730
LifePoint Hospitals, Inc.*		2,786		97,677
Lincare Holdings, Inc.		5,037		126,378
MEDNAX, Inc.*		2,446		130,372
Omnicare, Inc.		6,066		144,856
Owens & Minor, Inc.		3,257		92,694
Psychiatric Solutions, Inc.*		2,942		98,704
Universal Health Services, Inc., Class B		4,987		193,795
VCA Antech, Inc.*		4,420		93,218
WellCare Health Plans, Inc.*		2,190		63,422

				1,726,902

*Health Care Technology* (*0.2%*)
Allscripts Healthcare Solutions, Inc.*		8,415		155,425

*Life Sciences Tools & Services* (*1.2%*)
Bio-Rad Laboratories, Inc., Class A*		996		90,148
Charles River Laboratories International, Inc.*		3,404		112,842
Covance, Inc.*		3,324		155,530
Mettler-Toledo International, Inc.*		1,713		213,166
Pharmaceutical Product Development, Inc.		6,097		151,145
Techne Corp.		1,903		117,472

				840,303

*Pharmaceuticals* (*0.8%*)
Endo Pharmaceuticals Holdings, Inc.*		5,921		196,814
Medicis Pharmaceutical Corp., Class A		3,094		91,737
Perrigo Co.		4,230		271,651

				560,202

Total Health Care				5,836,570

Industrials (11.0%)
*Aerospace & Defense* (*0.4%*)
Alliant Techsystems, Inc.*		1,705	$	128,557
BE Aerospace, Inc.*		5,249		159,097

				287,654

*Airlines* (*0.3%*)
AirTran Holdings, Inc.*		7,022		51,612
Alaska Air Group, Inc.*		1,842		93,997
JetBlue Airways Corp.*		10,380		69,442

				215,051

*Building Products* (*0.1%*)
Lennox International, Inc.		2,352		98,055

*Commercial Services & Supplies* (*1.2%*)
Brink’s Co.		2,420		55,660
Clean Harbors, Inc.*		1,178		79,809
Copart, Inc.*		3,680		121,330
Corrections Corp. of America*		5,673		140,010
Deluxe Corp.		2,652		50,733
Herman Miller, Inc.		2,942		57,898
HNI Corp.		2,321		66,752
Mine Safety Appliances Co.		1,595		43,224
Rollins, Inc.		2,187		51,132
Waste Connections, Inc.*		3,966		157,292

				823,840

*Construction & Engineering* (*1.0%*)
Aecom Technology Corp.*		5,961		144,614
Granite Construction, Inc.		1,763		40,091
KBR, Inc.		8,015		197,489
Shaw Group, Inc.*		4,334		145,449
URS Corp.*		4,299		163,276

				690,919

*Electrical Equipment* (*1.3%*)
Acuity Brands, Inc.		2,238		99,009
AMETEK, Inc.		5,460		260,824
Baldor Electric Co.		2,411		97,404
Hubbell, Inc., Class B		3,077		156,158
Regal-Beloit Corp.		1,981		116,265
Thomas & Betts Corp.*		2,685		110,139
Woodward Governor Co.		3,014		97,714

				937,513

*Industrial Conglomerates* (*0.1%*)
Carlisle Cos., Inc.		3,135		93,893

*Machinery* (*4.3%*)
AGCO Corp.*		4,772		186,156
Bucyrus International, Inc.		4,152		287,941
Crane Co.		2,391		90,715
Donaldson Co., Inc.		3,919		184,703
Gardner Denver, Inc.		2,685		144,131
Graco, Inc.		3,097		98,268
Harsco Corp.		4,135		101,638
IDEX Corp.		4,181		148,467
Joy Global, Inc.		5,292		372,134
Kennametal, Inc.		4,208		130,153
Lincoln Electric Holdings, Inc.		2,179		125,990
Nordson Corp.		1,744		128,515
Oshkosh Corp.*		4,648		127,820
Pentair, Inc.		5,064		170,302
SPX Corp.		2,565		162,313
Terex Corp.*		5,582		127,939
Timken Co.		4,120		158,043
Trinity Industries, Inc.		4,102		91,352
Valmont Industries, Inc.		1,098		79,495

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 400 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Wabtec Corp.		2,461	$	117,611

				3,033,686

*Marine* (*0.3%*)
Alexander & Baldwin, Inc.		2,119		73,826
Kirby Corp.*		2,772		111,047

				184,873

*Professional Services* (*0.8%*)
Corporate Executive Board Co.		1,767		55,767
FTI Consulting, Inc.*		2,408		83,534
Korn/Ferry International*		2,395		39,613
Manpower, Inc.		4,217		220,127
Navigant Consulting, Inc.*		2,602		30,261
Towers Watson & Co., Class A		2,326		114,393

				543,695

*Road & Rail* (*0.8%*)
Con-way, Inc.		2,800		86,772
J.B. Hunt Transport Services, Inc.		4,555		158,058
Kansas City Southern*		5,259		196,739
Landstar System, Inc.		2,561		98,906
Werner Enterprises, Inc.		2,287		46,861

				587,336

*Trading Companies & Distributors* (*0.4%*)
GATX Corp.		2,383		69,870
MSC Industrial Direct Co., Class A		2,287		123,589
United Rentals, Inc.*		3,127		46,405

				239,864

Total Industrials				7,736,379

Information Technology (11.5%)
*Communications Equipment* (*1.4%*)
ADC Telecommunications, Inc.*		4,661		59,055
ADTRAN, Inc.		3,217		113,560
Ciena Corp.*		4,816		74,985
CommScope, Inc.*		4,866		115,519
F5 Networks, Inc.*		4,123		428,009
Plantronics, Inc.		2,453		82,862
Polycom, Inc.*		4,378		119,432

				993,422

*Computers & Peripherals* (*0.3%*)
Diebold, Inc.		3,376		104,960
NCR Corp.*		8,243		112,352

				217,312

*Electronic Equipment, Instruments & Components* (*1.6%*)
Arrow Electronics, Inc.*		6,046		161,610
Avnet, Inc.*		7,787		210,327
Ingram Micro, Inc., Class A*		8,045		135,639
Itron, Inc.*		2,073		126,930
National Instruments Corp.		3,022		98,698
Tech Data Corp.*		2,385		96,115
Trimble Navigation Ltd.*		6,111		214,129
Vishay Intertechnology, Inc.*		9,597		92,899

				1,136,347

*Internet Software & Services* (*0.9%*)
AOL, Inc.*		5,481		135,655
Digital River, Inc.*		2,042		69,510
Equinix, Inc.*		2,338		239,294
Rackspace Hosting, Inc.*		4,916		127,718
ValueClick, Inc.*		4,220		55,197

				627,374

*IT Services* (*2.1%*)
Acxiom Corp.*		4,122		65,375
Alliance Data Systems Corp.*		2,700		176,202
Broadridge Financial Solutions, Inc.		6,504		148,747
Convergys Corp.*		6,389		66,765
CoreLogic, Inc.		5,351	$	102,525
DST Systems, Inc.		1,852		83,044
Gartner, Inc.*		3,722		109,576
Global Payments, Inc.		4,090		175,420
Hewitt Associates, Inc., Class A*		4,715		237,777
Lender Processing Services, Inc.		4,776		158,706
ManTech International Corp., Class A*		1,162		46,015
NeuStar, Inc., Class A*		1,149		28,564
SRA International, Inc., Class A*		2,205		43,483

				1,442,199

*Office Electronics* (*0.1%*)
Zebra Technologies Corp., Class A*		2,914		98,027

*Semiconductors & Semiconductor Equipment* (*2.1%*)
Atmel Corp.*		23,679		188,485
Cree, Inc.*		5,539		300,712
Fairchild Semiconductor International, Inc.*		6,429		60,433
Integrated Device Technology, Inc.*		8,193		47,929
International Rectifier Corp.*		3,620		76,346
Intersil Corp., Class A		6,375		74,524
Lam Research Corp.*		6,365		266,375
RF Micro Devices, Inc.*		14,045		86,236
Semtech Corp.*		3,201		64,628
Silicon Laboratories, Inc.*		2,295		84,112
Skyworks Solutions, Inc.*		9,164		189,511

				1,439,291

*Software* (*3.0%*)
ACI Worldwide, Inc.*		1,727		38,668
Advent Software, Inc.*		819		42,744
ANSYS, Inc.*		4,662		196,969
Cadence Design Systems, Inc.*		13,679		104,371
FactSet Research Systems, Inc.		2,376		192,765
Fair Isaac Corp.		2,151		53,044
Informatica Corp.*		4,748		182,371
Jack Henry & Associates, Inc.		4,413		112,532
Mentor Graphics Corp.*		5,633		59,541
MICROS Systems, Inc.*		4,110		173,976
Parametric Technology Corp.*		5,926		115,794
Quest Software, Inc.*		3,160		77,704
Rovi Corp.*		5,289		266,618
Solera Holdings, Inc.		3,596		158,799
Synopsys, Inc.*		7,620		188,747
TIBCO Software, Inc.*		8,416		149,300

				2,113,943

Total Information Technology				8,067,915

Materials (4.8%)
*Chemicals* (*2.5%*)
Albemarle Corp.		4,682		219,164
Ashland, Inc.		4,038		196,933
Cabot Corp.		3,357		109,338
Cytec Industries, Inc.		2,518		141,965
Intrepid Potash, Inc.*		2,284		59,544
Lubrizol Corp.		3,459		366,550
Minerals Technologies, Inc.		957		56,387
NewMarket Corp.		508		57,749
Olin Corp.		4,074		82,132
RPM International, Inc.		6,676		132,986
Scotts Miracle-Gro Co., Class A		2,373		122,755
Sensient Technologies Corp.		2,555		77,902
Valspar Corp.		5,053		160,938

				1,784,343

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 400 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Construction Materials (0.3%)*
Martin Marietta Materials, Inc.		2,335	$	179,725

*Containers & Packaging (1.2%)*
AptarGroup, Inc.		3,461		158,064
Greif, Inc., Class A		1,593		93,732
Packaging Corp. of America		5,320		123,264
Rock-Tenn Co., Class A		2,001		99,670
Silgan Holdings, Inc.		2,760		87,492
Sonoco Products Co.		5,164		172,684
Temple-Inland, Inc.		5,536		103,302

				838,208

*Metals & Mining (0.7%)*
Carpenter Technology Corp.		2,262		76,252
Commercial Metals Co.		5,878		85,172
Reliance Steel & Aluminum Co.		3,811		158,271
Steel Dynamics, Inc.		11,125		156,974
Worthington Industries, Inc.		2,939		44,173

				520,842

*Paper & Forest Products (0.1%)*
Louisiana-Pacific Corp.*		6,666		50,462

Total Materials				3,373,580

Telecommunication Services (0.6%)
*Diversified Telecommunication Services (0.3%)*
Cincinnati Bell, Inc.*		10,467		27,947
tw telecom, Inc.*		7,779		144,456

				172,403

*Wireless Telecommunication Services (0.3%)*
Syniverse Holdings, Inc.*		3,569		80,909
Telephone & Data Systems, Inc.		4,745		155,636

				236,545

Total Telecommunication Services				408,948

Utilities (4.5%)
*Electric Utilities (1.3%)*
Cleco Corp.		3,122		92,474
DPL, Inc.		6,103		159,471
Great Plains Energy, Inc.		6,960		131,544
Hawaiian Electric Industries, Inc.		4,812		108,462
IDACORP, Inc.		2,478		89,010
NV Energy, Inc.		12,064		158,642
PNM Resources, Inc.		4,472		50,936
Westar Energy, Inc.		5,687		137,796

				928,335

*Gas Utilities (1.6%)*
AGL Resources, Inc.		3,999		153,402
Atmos Energy Corp.		4,628		135,369
Energen Corp.		3,688		168,615
National Fuel Gas Co.		4,204		217,809
Questar Corp.		9,009		157,928
UGI Corp.		5,641		161,389
WGL Holdings, Inc.		2,614		98,757

				1,093,269

*Independent Power Producers & Energy Traders (0.0%)*
Dynegy, Inc.*		5,332		25,967

*Multi-Utilities (1.4%)*
Alliant Energy Corp.		5,682		206,541
Black Hills Corp.		2,020		63,024
MDU Resources Group, Inc.		9,651		192,537
NSTAR		5,312		209,027
OGE Energy Corp.		4,994		199,111
Vectren Corp.		4,180	$	108,137

				978,377

*Water Utilities (0.2%)*
Aqua America, Inc.		7,045		143,718

Total Utilities				3,169,666

Total Common Stocks (73.1%)
(Cost $47,741,079)				51,264,647


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Short-Term Investment (24.7%)
BlackRock Liquidity Funds TempFund
0.23% ‡ (Amortized Cost $17,328,915)	$	17,328,915		17,328,915

Total Investments (97.8%)
(Cost $65,069,994)				68,593,562
Other Assets Less Liabilities (2.2%)				1,563,612

Net Assets (100%)			$	70,157,174

*	Non-income producing.

‡	Affiliated company as defined under the Investment Company Act of 1940.

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 400 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	3,974,449	$	54,229,568	$	40,875,102	$	17,328,915	$	14,696	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchase
S&P MidCap 400 E-Mini Index		236		December-10	$	18,096,534	$	18,882,360	$	785,826

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	7,283,086	$	—	$	—	$	7,283,086
Consumer Staples		2,042,441		—		—		2,042,441
Energy		3,005,215		—		—		3,005,215
Financials		10,340,847		—		—		10,340,847
Health Care		5,836,570		—		—		5,836,570
Industrials		7,736,379		—		—		7,736,379
Information Technology		8,067,915		—		—		8,067,915
Materials		3,373,580		—		—		3,373,580
Telecommunication Services		408,948		—		—		408,948
Utilities		3,169,666		—		—		3,169,666
Futures		785,826		—		—		785,826
Short-Term Investments		—		17,328,915		—		17,328,915

Total Assets	$	52,050,473	$	17,328,915	$	—	$	69,379,388

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	52,050,473	$	17,328,915	$	—	$	69,379,388

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 400 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	40,368,529
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	1,340,854

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	4,123,847
Aggregate gross unrealized depreciation		(600,622	)

Net unrealized appreciation	$	3,523,225

Federal income tax cost of investments	$	65,070,337

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (9.8%)
*Auto Components* (*0.6%*)
American Axle & Manufacturing Holdings, Inc.*		10,911	$	98,417
Amerigon, Inc.*		3,955		40,736
Cooper Tire & Rubber Co.		11,198		219,817
Dana Holding Corp.*		25,173		310,131
Dorman Products, Inc.*		2,041		62,904
Drew Industries, Inc.*		3,468		72,342
Exide Technologies, Inc.*		13,852		66,351
Fuel Systems Solutions, Inc.*		2,590		101,295
Hawk Corp., Class A*		992		42,924
Modine Manufacturing Co.*		8,450		109,597
Shiloh Industries, Inc.*		1,002		9,699
Spartan Motors, Inc.		6,231		28,912
Standard Motor Products, Inc.		3,577		37,666
Stoneridge, Inc.*		2,520		26,485
Superior Industries International, Inc.		4,134		71,436
Tenneco, Inc.*		10,915		316,208

				1,614,920

*Automobiles (0.0%)*
Winnebago Industries, Inc.*		5,344		55,684

*Distributors (0.0%*)
Audiovox Corp., Class A*		2,947		20,158
Core-Mark Holding Co., Inc.*		1,940		60,062

				80,220

*Diversified Consumer Services (0.9%*)
American Public Education, Inc.*		3,348		110,015
Bridgepoint Education, Inc.*		3,568		55,161
Cambium Learning Group, Inc.*		3,776		12,083
Capella Education Co.*		3,056		237,207
Coinstar, Inc.*		5,796		249,170
Corinthian Colleges, Inc.*		16,152		113,387
CPI Corp.		1,062		27,485
Grand Canyon Education, Inc.*		5,640		123,685
K12, Inc.*		4,581		132,986
Learning Tree International, Inc.		1,197		12,114
Lincoln Educational Services Corp.*		2,995		43,158
Mac-Gray Corp.		1,981		24,030
Matthews International Corp., Class A		5,522		195,258
Pre-Paid Legal Services, Inc.*		1,381		86,299
Princeton Review, Inc.*		4,588		9,360
Regis Corp.		10,533		201,496
Sotheby’s, Inc.		12,104		445,669
Steiner Leisure Ltd.*		2,693		102,603
Stewart Enterprises, Inc., Class A		14,972		80,699
Universal Technical Institute, Inc.		3,853		75,326

				2,337,191

*Hotels, Restaurants & Leisure (1.7%*)
AFC Enterprises, Inc.*		4,715		58,466
Ambassadors Group, Inc.		3,533		40,064
Ameristar Casinos, Inc.		4,925		85,941
Biglari Holdings, Inc.*		260		85,449
BJ’s Restaurants, Inc.*		4,092		115,231
Bluegreen Corp.*		2,979		8,311
Bob Evans Farms, Inc.		5,561		156,097
Boyd Gaming Corp.*		9,959		72,203
Buffalo Wild Wings, Inc.*		3,314		158,707
California Pizza Kitchen, Inc.*		3,529		60,205
Caribou Coffee Co., Inc.*		1,270		13,208
Carrols Restaurant Group, Inc.*		2,290		12,137
CEC Entertainment, Inc.*		4,018	$	137,938
Cheesecake Factory, Inc.*		10,840		286,935
Churchill Downs, Inc.		2,070		73,940
Cracker Barrel Old Country Store, Inc.		4,360		221,314
Denny’s Corp.*		18,248		56,751
DineEquity, Inc.*		3,280		147,534
Domino’s Pizza, Inc.*		6,811		90,041
Einstein Noah Restaurant Group, Inc.*		957		10,144
Empire Resorts, Inc.*		5,672		6,296
Gaylord Entertainment Co.*		6,373		194,377
Interval Leisure Group, Inc.*		7,272		97,954
Isle of Capri Casinos, Inc.*		2,972		21,280
Jack in the Box, Inc.*		9,817		210,476
Jamba, Inc.*		10,914		23,902
Krispy Kreme Doughnuts, Inc.*		10,743		49,203
Landry’s Restaurants, Inc.*		1,343		32,890
Life Time Fitness, Inc.*		7,502		296,104
Marcus Corp.		3,755		44,497
McCormick & Schmick’s Seafood Restaurants, Inc.*		2,555		19,878
Monarch Casino & Resort, Inc.*		1,910		21,411
Morgans Hotel Group Co.*		4,346		31,813
Multimedia Games, Inc.*		4,798		17,753
O’Charleys, Inc.*		3,163		22,742
Orient-Express Hotels Ltd., Class A*		16,692		186,116
P.F. Chang’s China Bistro, Inc.		4,231		195,472
Papa John’s International, Inc.*		3,802		100,297
Peet’s Coffee & Tea, Inc.*		2,155		73,766
Pinnacle Entertainment, Inc.*		9,440		105,256
Red Lion Hotels Corp.*		2,293		17,060
Red Robin Gourmet Burgers, Inc.*		2,847		55,830
Ruby Tuesday, Inc.*		11,369		134,950
Ruth’s Hospitality Group, Inc.*		5,013		20,102
Scientific Games Corp., Class A*		11,889		115,323
Shuffle Master, Inc.*		9,795		82,376
Sonic Corp.*		11,192		90,431
Speedway Motorsports, Inc.		2,012		31,548
Texas Roadhouse, Inc.*		10,489		147,475
Vail Resorts, Inc.*		6,633		248,870

				4,586,064

*Household Durables* (*0.5%*)
American Greetings Corp., Class A		7,226		134,331
Beazer Homes USA, Inc.*		13,761		56,833
Blyth, Inc.		1,059		43,673
Brookfield Homes Corp.*		1,743		14,275
Cavco Industries, Inc.*		1,244		44,672
CSS Industries, Inc.		1,382		23,895
Ethan Allen Interiors, Inc.		4,519		78,902
Furniture Brands International, Inc.*		8,178		43,998
Helen of Troy Ltd.*		5,588		141,320
Hooker Furniture Corp.		1,867		21,713
Hovnanian Enterprises, Inc., Class A*		9,458		37,170
iRobot Corp.*		3,837		71,253
Kid Brands, Inc.*		2,340		20,124
La-Z-Boy, Inc.*		9,461		79,851
Libbey, Inc.*		2,968		39,089
Lifetime Brands, Inc.*		1,718		25,942
M/I Homes, Inc.*		3,400		35,258
Meritage Homes Corp.*		5,876		115,287
National Presto Industries, Inc.		842		89,648
Ryland Group, Inc.		8,082		144,829
Sealy Corp.*		9,800		23,912

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Skyline Corp.		1,380	$	27,959
Standard Pacific Corp.*		19,624		77,907
Universal Electronics, Inc.*		2,465		51,395

				1,443,236

*Internet & Catalog Retail (0.3%*)
1-800-FLOWERS.COM, Inc., Class A*		5,054		9,552
Blue Nile, Inc.*		2,304		102,505
Drugstore.Com, Inc.*		16,946		32,536
Gaiam, Inc., Class A		2,901		19,408
HSN, Inc.*		6,940		207,506
NutriSystem, Inc.		5,003		96,258
Orbitz Worldwide, Inc.*		3,607		22,724
Overstock.com, Inc.*		2,696		42,381
PetMed Express, Inc.		4,196		73,430
Shutterfly, Inc.*		4,907		127,533
U.S. Auto Parts Network, Inc.*		2,336		19,155
Vitacost.com, Inc.*		2,628		15,794

				768,782

*Leisure Equipment & Products (0.6%*)
Arctic Cat, Inc.*		2,219		22,745
Brunswick Corp.		16,200		246,564
Callaway Golf Co.		11,818		82,726
Eastman Kodak Co.*		49,186		206,581
JAKKS Pacific, Inc.*		5,038		88,870
Johnson Outdoors, Inc., Class A*		689		8,833
Leapfrog Enterprises, Inc.*		6,378		34,951
Marine Products Corp.*		1,947		11,955
Polaris Industries, Inc.		5,615		365,537
Pool Corp.		9,038		181,393
RC2 Corp.*		3,931		82,354
Smith & Wesson Holding Corp.*		10,874		38,711
Steinway Musical Instruments, Inc.* .		926		15,946
Sturm Ruger & Co., Inc.		3,514		47,931
Summer Infant, Inc.*		1,691		13,224

				1,448,321

*Media* (*1.0%*)
AH Belo Corp., Class A*		3,356		23,727
Arbitron, Inc.		4,890		136,773
Ascent Media Corp., Class A*		2,592		69,232
Ballantyne Strong, Inc.*		2,780		24,047
Belo Corp., Class A*		16,799		104,154
Carmike Cinemas, Inc.*		1,987		17,327
Cinemark Holdings, Inc.		10,364		166,860
CKX, Inc.*		9,992		48,961
Crown Media Holdings, Inc., Class A*		300		717
Cumulus Media, Inc., Class A*		3,204		9,003
Dex One Corp.*		9,178		112,706
Entercom Communications Corp., Class A*		4,363		34,293
Entravision Communications Corp., Class A*		9,475		18,855
EW Scripps Co., Class A*		5,878		46,319
Fisher Communications, Inc.*		1,108		19,312
Global Sources Ltd.*		4,257		32,140
Gray Television, Inc.*		8,973		18,036
Harte-Hanks, Inc.		7,124		83,137
Journal Communications, Inc., Class A*		7,827		35,300
Knology, Inc.*		5,584		74,993
Lee Enterprises, Inc.*		8,231		22,059
LIN TV Corp., Class A*		5,381		23,892
Lions Gate Entertainment Corp.*		12,345		90,736
Live Nation Entertainment, Inc.*		25,706		253,975
LodgeNet Interactive Corp.*		4,446	$	12,449
Martha Stewart Living Omnimedia, Inc., Class A*		5,391		25,553
McClatchy Co., Class A*		11,408		44,834
Media General, Inc., Class A*		4,220		37,811
Mediacom Communications Corp., Class A*		7,346		48,557
National CineMedia, Inc.		7,876		140,980
Nexstar Broadcasting Group, Inc., Class A*		1,726		8,889
Outdoor Channel Holdings, Inc.*		2,484		13,737
Playboy Enterprises, Inc., Class B*		3,672		18,874
PRIMEDIA, Inc.		3,518		13,368
Radio One, Inc., Class D*		4,971		4,375
Rentrak Corp.*		1,695		42,833
Scholastic Corp.		5,567		154,874
Sinclair Broadcast Group, Inc., Class A*		8,354		58,645
SuperMedia, Inc.*		2,349		24,829
Valassis Communications, Inc.*		9,111		308,772
Warner Music Group Corp.*		8,222		36,999
Westwood One, Inc.*		853		7,242
World Wrestling Entertainment, Inc., Class A		4,267		59,354

				2,529,529

*Multiline Retail* (*0.3%*)
99 Cents Only Stores*		8,393		158,460
Bon-Ton Stores, Inc.*		2,229		22,669
Dillard’s, Inc., Class A		7,840		185,338
Fred’s, Inc., Class A		7,179		84,712
Retail Ventures, Inc.*		4,225		45,461
Saks, Inc.*		24,808		213,349
Tuesday Morning Corp.*		4,881		23,282

				733,271

*Specialty Retail* (*2.4%*)
America’s Car-Mart, Inc.*		1,808		45,525
AnnTaylor Stores Corp.*		10,758		217,742
Asbury Automotive Group, Inc.*		5,293		74,472
Barnes & Noble, Inc.		7,023		113,843
bebe stores, Inc.		6,225		44,882
Big 5 Sporting Goods Corp.		3,981		53,425
Books-A-Million, Inc.		1,546		9,276
Borders Group, Inc.*		9,245		11,002
Brown Shoe Co., Inc.		7,950		91,186
Buckle, Inc.		4,778		126,808
Build-A-Bear Workshop, Inc.*		2,922		17,678
Cabela’s, Inc.*		7,340		139,313
Casual Male Retail Group, Inc.*		7,629		31,126
Cato Corp., Class A		5,074		135,780
Charming Shoppes, Inc.*		21,165		74,501
Children’s Place Retail Stores, Inc.*		5,063		246,923
Christopher & Banks Corp.		6,547		51,787
Citi Trends, Inc.*		2,701		65,391
Coldwater Creek, Inc.*		11,328		59,699
Collective Brands, Inc.*		11,837		191,049
Conn’s, Inc.*		2,033		9,453
Destination Maternity Corp.*		904		29,760
Dress Barn, Inc.*		10,521		249,874
DSW, Inc., Class A*		2,577		73,960
Express, Inc.*		2,924		44,474
Finish Line, Inc., Class A		8,942		124,383
Genesco, Inc.*		4,386		131,054
Group 1 Automotive, Inc.*		4,482		133,922
Gymboree Corp.*		4,918		204,294

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Haverty Furniture Cos., Inc.		3,311	$	36,123
hhgregg, Inc.*		2,408		59,622
Hibbett Sports, Inc.*		5,258		131,187
HOT Topic, Inc.		8,069		48,333
Jo-Ann Stores, Inc.*		5,003		222,884
Jos. A. Bank Clothiers, Inc.*		5,023		214,030
Kirkland’s, Inc.*		3,066		42,495
Lithia Motors, Inc., Class A		4,032		38,667
Lumber Liquidators Holdings, Inc.*		4,060		99,754
MarineMax, Inc.*		3,773		26,562
Men’s Wearhouse, Inc.		9,632		229,145
Midas, Inc.*		2,705		20,585
Monro Muffler Brake, Inc.		3,638		167,748
New York & Co., Inc.*		4,724		12,141
OfficeMax, Inc.*		15,529		203,275
Pacific Sunwear of California, Inc.*		12,102		63,293
Penske Automotive Group, Inc.*		8,079		106,643
PEP Boys-Manny, Moe & Jack		9,627		101,854
Pier 1 Imports, Inc.*		19,182		157,101
Rent-A-Center, Inc.		11,604		259,698
Rue21, Inc.*		2,680		69,171
Sally Beauty Holdings, Inc.*		17,237		193,054
Select Comfort Corp.*		10,018		67,922
Shoe Carnival, Inc.*		1,663		33,626
Sonic Automotive, Inc., Class A*		7,314		71,897
Stage Stores, Inc.		7,064		91,832
Stein Mart, Inc.*		4,946		43,673
Systemax, Inc.		1,948		23,921
Talbots, Inc.*		12,856		168,414
Ulta Salon Cosmetics & Fragrance, Inc.*		5,739		167,579
Vitamin Shoppe, Inc.*		2,916		80,044
West Marine, Inc.*		2,864		29,098
Wet Seal, Inc., Class A*		18,472		62,620
Winmark Corp.		481		16,085
Zumiez, Inc.*		3,739		79,117

				6,241,775

*Textiles, Apparel & Luxury Goods* (*1.5%*)
American Apparel, Inc.*		6,631		8,156
Carter’s, Inc.*		10,853		285,759
Cherokee, Inc.		1,481		27,013
Columbia Sportswear Co.		1,953		114,133
Crocs, Inc.*		15,683		204,036
Culp, Inc.*		1,749		17,140
Deckers Outdoor Corp.*		7,068		353,117
Delta Apparel, Inc.*		1,100		16,500
G-III Apparel Group Ltd.*		2,811		88,209
Iconix Brand Group, Inc.*		13,160		230,300
Joe’s Jeans, Inc.*		8,070		17,028
Jones Apparel Group, Inc.		15,665		307,661
Kenneth Cole Productions, Inc., Class A*		1,306		21,771
K-Swiss, Inc., Class A*		4,762		60,715
LaCrosse Footwear, Inc.		942		13,009
Liz Claiborne, Inc.*		17,295		105,154
Maidenform Brands, Inc.*		4,183		120,679
Movado Group, Inc.*		2,872		31,247
Oxford Industries, Inc.		2,551		60,663
Perry Ellis International, Inc.*		1,912		41,777
Quiksilver, Inc.*		23,712		92,714
R.G. Barry Corp.		1,585		16,310
Skechers U.S.A., Inc., Class A*		6,330		148,692
Steven Madden Ltd.*		4,476		183,784
Timberland Co., Class A*		7,559		149,744
True Religion Apparel, Inc.*		4,640		99,018
Under Armour, Inc., Class A*		6,426	$	289,427
Unifi, Inc.*		6,865		30,961
Volcom, Inc.*		3,516		67,226
Warnaco Group, Inc.*		8,013		409,705
Weyco Group, Inc.		1,330		32,213
Wolverine World Wide, Inc.		9,063		262,918

				3,906,779

Total Consumer Discretionary				25,745,772

Consumer Staples (2.2%)
*Beverages* (*0.1%*)
Boston Beer Co., Inc., Class A*		1,589		106,256
Coca-Cola Bottling Co. Consolidated		775		41,021
Heckmann Corp.*		16,235		63,317
MGP Ingredients, Inc.		1,744		13,690
National Beverage Corp.		2,265		31,710

				255,994

*Food & Staples Retailing* (*0.6%*)
Andersons, Inc.		3,375		127,913
Arden Group, Inc., Class A		231		19,058
Casey’s General Stores, Inc.		6,869		286,781
Great Atlantic & Pacific Tea Co., Inc.*		5,572		22,065
Ingles Markets, Inc., Class A		2,195		36,459
Nash Finch Co.		2,296		97,672
Pantry, Inc.*		4,140		99,815
Pricesmart, Inc.		2,831		82,467
Rite Aid Corp.*		101,823		96,019
Ruddick Corp.		8,033		278,584
Spartan Stores, Inc.		4,126		59,827
Susser Holdings Corp.*		1,199		16,786
United Natural Foods, Inc.*		7,901		261,839
Village Super Market, Inc., Class A		1,100		30,734
Weis Markets, Inc.		2,006		78,495
Winn-Dixie Stores, Inc.*		10,077		71,849

				1,666,363

*Food Products* (*0.9%*)
Alico, Inc.		585		13,595
B&G Foods, Inc.		8,696		94,960
Calavo Growers, Inc.		2,058		44,617
Cal-Maine Foods, Inc.		2,601		75,377
Chiquita Brands International, Inc.*		8,242		109,124
Darling International, Inc.*		15,149		129,070
Diamond Foods, Inc.		3,989		163,509
Dole Food Co., Inc.*		6,594		60,335
Farmer Bros Co.		1,270		20,320
Fresh Del Monte Produce, Inc.*		7,261		157,564
Griffin Land & Nurseries, Inc.		329		8,699
Hain Celestial Group, Inc.*		7,496		179,754
Harbinger Group, Inc.*		1,822		10,112
Imperial Sugar Co.		2,137		27,952
J&J Snack Foods Corp.		2,622		109,940
John B. Sanfilippo & Son, Inc.*		1,324		17,477
Lancaster Colony Corp.		3,557		168,958
Lance, Inc.		4,749		101,154
Lifeway Foods, Inc.*		1,000		10,520
Pilgrim’s Pride Corp.*		9,018		50,681
Sanderson Farms, Inc.		4,176		180,779
Seneca Foods Corp., Class A*		1,396		36,561
Smart Balance, Inc.*		11,489		44,577
Synutra International, Inc.*		3,316		38,300
Tootsie Roll Industries, Inc.		4,470		111,214
TreeHouse Foods, Inc.*		6,360		293,196

				2,258,345

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Household Products* (*0.1%*)
Cellu Tissue Holdings, Inc.*		1,475	$	17,597
Central Garden & Pet Co., Class A*		10,314		106,853
Oil-Dri Corp. of America		903		19,423
Spectrum Brands Holdings, Inc.*		3,332		90,564
WD-40 Co.		3,004		114,212

				348,649

*Personal Products* (*0.3%*)
Elizabeth Arden, Inc.*		4,411		88,176
Female Health Co.		3,376		17,387
Inter Parfums, Inc.		2,621		46,103
Medifast, Inc.*		2,485		67,418
Nature’s Sunshine Products, Inc.*		1,595		14,259
Nu Skin Enterprises, Inc., Class A		9,012		259,546
Nutraceutical International Corp.*		1,851		29,042
Prestige Brands Holdings, Inc.*		7,589		75,055
Revlon, Inc., Class A*		1,989		25,101
Schiff Nutrition International, Inc.		1,964		16,105
USANA Health Sciences, Inc.*		1,085		43,791

				681,983

*Tobacco* (*0.2%*)
Alliance One International, Inc.*		16,325		67,749
Star Scientific, Inc.*		18,148		38,111
Universal Corp.		4,415		176,997
Vector Group Ltd.		8,172		152,819

				435,676

Total Consumer Staples				5,647,010

Energy (3.9%)
*Energy Equipment & Services* (*1.3%*)
Allis-Chalmers Energy, Inc.*		6,508		27,138
Basic Energy Services, Inc.*		4,236		36,091
Bristow Group, Inc.*		6,564		236,829
Cal Dive International, Inc.*		17,264		94,434
CARBO Ceramics, Inc.		3,501		283,581
Complete Production Services, Inc.*		14,224		290,881
Dawson Geophysical Co.*		1,429		38,083
Dril-Quip, Inc.*		6,217		386,138
Global Geophysical Services, Inc.*		1,093		7,968
Global Industries Ltd.*		18,580		101,633
Gulf Island Fabrication, Inc.		2,654		48,303
Gulfmark Offshore, Inc., Class A*		4,253		130,652
Helix Energy Solutions Group, Inc.*		19,154		213,376
Hercules Offshore, Inc.*		20,975		55,584
Hornbeck Offshore Services, Inc.*		4,270		83,222
ION Geophysical Corp.*		23,253		119,520
Key Energy Services, Inc.*		22,948		218,235
Lufkin Industries, Inc.		5,490		241,011
Matrix Service Co.*		4,796		41,965
Natural Gas Services Group, Inc.*		2,225		32,863
Newpark Resources, Inc.*		16,324		137,122
OYO Geospace Corp.*		746		43,178
Parker Drilling Co.*		21,265		92,503
PHI, Inc.*		2,404		38,897
Pioneer Drilling Co.*		9,920		63,290
RPC, Inc.		5,088		107,662
Seahawk Drilling, Inc.*		1,823		15,423
T-3 Energy Services, Inc.*		2,397		62,681
Tesco Corp.*		5,538		66,622
TETRA Technologies, Inc.*		13,872		141,494
Union Drilling, Inc.*		2,498		11,191
Vantage Drilling Co.*		20,179		32,286
Willbros Group, Inc.*		7,271		66,675

				3,566,531

*Oil, Gas & Consumable Fuels* (*2.6%*)
Alon USA Energy, Inc.		1,597	$	8,624
American Oil & Gas, Inc.*		9,267		75,063
Apco Oil and Gas International, Inc.		1,767		61,156
Approach Resources, Inc.*		2,446		27,346
ATP Oil & Gas Corp.*		8,176		111,602
Berry Petroleum Co., Class A		9,376		297,501
Bill Barrett Corp.*		8,413		302,868
BPZ Resources, Inc.*		17,681		67,718
Brigham Exploration Co.*		21,307		399,506
Callon Petroleum Co.*		5,782		28,621
CAMAC Energy, Inc.*		8,743		27,890
Carrizo Oil & Gas, Inc.*		5,707		136,626
Cheniere Energy, Inc.*		10,667		26,881
Clayton Williams Energy, Inc.*		1,103		55,801
Clean Energy Fuels Corp.*		7,322		104,046
Cloud Peak Energy, Inc.*		5,779		105,467
Contango Oil & Gas Co.*		2,157		108,195
Crosstex Energy, Inc.*		7,369		58,215
CVR Energy, Inc.*		5,484		45,243
Delek U.S. Holdings, Inc.		2,584		18,501
Delta Petroleum Corp.*		33,963		26,715
DHT Holdings, Inc.		8,715		35,993
Endeavour International Corp.*		26,705		34,449
Energy Partners Ltd.*		5,304		63,701
Energy XXI Bermuda Ltd.*		9,273		214,299
Evolution Petroleum Corp.*		2,458		14,773
FX Energy, Inc.*		8,782		36,358
Gastar Exploration Ltd.*		8,066		32,425
General Maritime Corp.		14,325		70,336
GeoResources, Inc.*		2,542		40,418
GMX Resources, Inc.*		5,668		27,546
Golar LNG Ltd.		6,649		83,245
Goodrich Petroleum Corp.*		4,497		65,521
Green Plains Renewable Energy, Inc.*		3,032		36,718
Gulfport Energy Corp.*		4,971		68,799
Hallador Energy Co.		854		9,932
Harvest Natural Resources, Inc.*		6,172		64,312
Houston American Energy Corp.		3,340		33,400
International Coal Group, Inc.*		24,006		127,712
Isramco, Inc.*		207		12,461
James River Coal Co.*		5,095		89,315
Knightsbridge Tankers Ltd.		3,155		59,630
Kodiak Oil & Gas Corp.*		21,946		74,397
L&L Energy, Inc.*		2,813		22,560
Magnum Hunter Resources Corp.*		8,881		36,767
McMoRan Exploration Co.*		15,233		262,160
Miller Petroleum, Inc.*		3,587		19,334
Nordic American Tanker Shipping Ltd.		8,497		227,380
Northern Oil and Gas, Inc.*		8,076		136,807
Oasis Petroleum, Inc.*		8,766		169,797
Overseas Shipholding Group, Inc.		4,672		160,343
Panhandle Oil and Gas, Inc., Class A		1,338		33,035
Patriot Coal Corp.*		14,301		163,174
Penn Virginia Corp.		8,346		133,870
Petroleum Development Corp.*		3,533		97,511
PetroQuest Energy, Inc.*		10,177		61,978
RAM Energy Resources, Inc.*		10,275		16,029
Rentech, Inc.*		39,428		38,876
Resolute Energy Corp.*		6,960		76,978
REX American Resources Corp.*		1,204		17,446
Rex Energy Corp.*		5,930		75,904
Rosetta Resources, Inc.*		9,652		226,726
Scorpio Tankers, Inc.*		2,517		28,417

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Ship Finance International Ltd.		8,149	$	158,335
Stone Energy Corp.*		7,942		116,986
Swift Energy Co.*		6,940		194,875
Syntroleum Corp.*		13,936		26,060
Teekay Tankers Ltd., Class A		4,905		63,814
TransAtlantic Petroleum Ltd.*		26,967		79,822
Uranium Energy Corp.*		11,161		36,608
USEC, Inc.*		20,856		108,243
VAALCO Energy, Inc.*		9,320		53,497
Venoco, Inc.*		3,631		71,277
W&T Offshore, Inc.		6,510		69,006
Warren Resources, Inc.*		13,088		51,959
Western Refining, Inc.*		9,277		48,612
World Fuel Services Corp.		10,831		281,714

				6,755,225

Total Energy				10,321,756

Financials (14.8%)
*Capital Markets* (*1.5%*)
American Capital Ltd.*		61,103		355,008
Apollo Investment Corp.		35,313		361,252
Artio Global Investors, Inc.		5,080		77,724
BGC Partners, Inc., Class A		10,383		61,986
BlackRock Kelso Capital Corp.		11,901		136,861
Calamos Asset Management, Inc., Class A		3,592		41,308
Capital Southwest Corp.		527		47,852
Cohen & Steers, Inc.		3,252		70,568
Cowen Group, Inc., Class A*		7,125		23,441
Diamond Hill Investment Group, Inc.		487		35,551
Duff & Phelps Corp., Class A		5,026		67,700
Epoch Holding Corp.		2,537		32,677
Evercore Partners, Inc., Class A		2,878		82,340
FBR Capital Markets Corp.*		9,729		30,549
Fifth Street Finance Corp.		9,920		110,509
Financial Engines, Inc.*		2,231		29,628
GAMCO Investors, Inc., Class A		1,291		49,742
GFI Group, Inc.		12,242		56,803
Gladstone Capital Corp.		3,818		43,029
Gladstone Investment Corp.		4,294		28,770
Gleacher & Co., Inc.*		14,454		23,271
Golub Capital BDC, Inc.		1,220		18,666
Harris & Harris Group, Inc.*		5,443		23,242
Hercules Technology Growth Capital, Inc.		6,511		65,826
HFF, Inc., Class A*		3,511		32,582
International Assets Holding Corp.* .		2,279		41,250
Investment Technology Group, Inc.*		7,993		113,660
JMP Group, Inc.		2,853		17,403
KBW, Inc.		6,506		166,554
Knight Capital Group, Inc., Class A*		17,312		214,496
LaBranche & Co., Inc.*		7,097		27,678
Ladenburg Thalmann Financial Services, Inc.*		16,867		17,204
Main Street Capital Corp.		2,238		35,562
MCG Capital Corp.		14,084		82,251
MF Global Holdings Ltd.*		19,105		137,556
MVC Capital, Inc.		4,431		57,470
NGP Capital Resources Co.		4,144		37,545
Oppenheimer Holdings, Inc., Class A		1,852		51,763
optionsXpress Holdings, Inc.*		7,802		119,839
PennantPark Investment Corp.		5,709		60,572
Penson Worldwide, Inc.*		3,487		17,330
Piper Jaffray Cos., Inc.*		3,167		92,255
Prospect Capital Corp.		12,170		118,171
Pzena Investment Management, Inc., Class A		1,780	$	12,229
Rodman & Renshaw Capital Group, Inc.*		3,145		6,762
Safeguard Scientifics, Inc.*		3,794		47,539
Sanders Morris Harris Group, Inc.		3,780		21,395
Solar Capital Ltd.		1,066		22,866
Stifel Financial Corp.*		6,242		288,942
SWS Group, Inc.		5,284		37,886
TICC Capital Corp.		4,903		50,746
TradeStation Group, Inc.*		7,507		49,396
Triangle Capital Corp.		2,176		34,772
Virtus Investment Partners, Inc.*		850		25,721
Westwood Holdings Group, Inc.		1,062		35,927

				3,949,625

*Commercial Banks* (*4.1%*)
1st Source Corp.		2,806		48,712
1st United Bancorp, Inc.*		4,048		26,029
Alliance Financial Corp./New York		833		25,182
American National Bankshares, Inc.		1,104		24,222
Ameris Bancorp*		4,370		40,859
Ames National Corp.		1,521		30,329
Arrow Financial Corp.		1,760		44,148
BancFirst Corp.		1,283		51,910
Banco Latinoamericano de Comercio Exterior S.A., Class E		4,924		71,152
Bancorp Rhode Island, Inc.		635		17,736
Bancorp, Inc./Delaware*		4,128		27,616
Bank of Marin Bancorp/California		974		31,402
Bank of the Ozarks, Inc.		2,412		89,461
Boston Private Financial Holdings, Inc.		12,801		83,719
Bridge Bancorp, Inc.		1,072		26,789
Bryn Mawr Bank Corp.		1,757		30,256
Camden National Corp.		1,396		48,371
Capital City Bank Group, Inc.		2,319		28,153
Cardinal Financial Corp.		5,256		50,510
Cathay General Bancorp		14,393		171,133
Center Financial Corp.*		6,677		33,986
Centerstate Banks, Inc.		4,031		34,586
Century Bancorp, Inc./Massachusetts, Class A		690		16,484
Chemical Financial Corp.		4,438		91,600
Citizens & Northern Corp.		2,026		26,338
Citizens Republic Bancorp, Inc.*		72,134		65,000
City Holding Co.		2,874		88,146
CNB Financial Corp./Pennsylvania		1,410		19,387
CoBiz Financial, Inc.		6,164		34,272
Columbia Banking System, Inc.		7,199		141,460
Community Bank System, Inc.		6,061		139,464
Community Trust Bancorp, Inc.		2,477		67,102
CVB Financial Corp.		16,469		123,682
Danvers Bancorp, Inc.		3,416		52,367
Eagle Bancorp, Inc.*		2,990		34,325
Encore Bancshares, Inc.*		1,438		10,339
Enterprise Financial Services Corp.		2,754		25,612
F.N.B. Corp./Pennsylvania		20,863		178,587
Financial Institutions, Inc.		2,032		35,885
First Bancorp, Inc./Maine		1,559		21,561
First Bancorp/North Carolina		2,749		37,441
First Bancorp/Puerto Rico*		17,783		4,979
First Busey Corp.		9,582		43,598
First Commonwealth Financial Corp.		15,818		86,208
First Community Bancshares, Inc./Virginia		2,919		37,655

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
First Financial Bancorp		10,323	$	172,188
First Financial Bankshares, Inc.		3,809		178,985
First Financial Corp./Indiana		2,019		59,560
First Interstate Bancsystem, Inc.		2,318		31,200
First Merchants Corp.		4,650		35,479
First Midwest Bancorp, Inc./Illinois		13,571		156,474
First of Long Island Corp.		1,145		28,602
First South Bancorp, Inc./North Carolina		1,348		13,372
FirstMerit Corp.		19,383		355,097
German American Bancorp, Inc.		2,080		35,693
Glacier Bancorp, Inc.		13,160		192,136
Great Southern Bancorp, Inc.		1,850		40,274
Green Bankshares, Inc.*		1,975		13,410
Hancock Holding Co.		5,345		160,724
Hanmi Financial Corp.*		18,827		24,099
Heartland Financial USA, Inc.		2,402		36,967
Heritage Financial Corp./Washington*		1,972		27,608
Home Bancorp, Inc.*		1,425		19,066
Home Bancshares, Inc./Arkansas		3,986		80,995
Hudson Valley Holding Corp.		2,169		42,339
IBERIABANK Corp.		4,884		244,102
Independent Bank Corp./Massachusetts		3,877		87,310
International Bancshares Corp.		9,291		156,925
Investors Bancorp, Inc.*		8,800		104,192
Lakeland Bancorp, Inc.		3,797		32,009
Lakeland Financial Corp.		2,927		54,618
MainSource Financial Group, Inc.		3,426		26,175
MB Financial, Inc.		9,729		157,804
Merchants Bancshares, Inc.		932		23,244
Metro Bancorp, Inc.*		2,617		27,191
Midsouth Bancorp, Inc.		1,411		19,966
MidWestOne Financial Group, Inc.		1,270		18,618
Nara Bancorp, Inc.*		6,963		49,159
National Bankshares, Inc./Virginia		1,257		32,431
National Penn Bancshares, Inc.		23,074		144,212
NBT Bancorp, Inc.		6,295		138,931
Northfield Bancorp, Inc./New Jersey		3,356		36,312
Old National Bancorp/Indiana		16,006		168,063
OmniAmerican Bancorp, Inc.*		2,054		23,149
Oriental Financial Group, Inc.		8,372		111,348
Orrstown Financial Services, Inc.		1,309		30,316
Pacific Continental Corp.		3,393		30,707
PacWest Bancorp		5,668		108,032
Park National Corp.		2,264		144,987
Peapack-Gladstone Financial Corp.		1,598		18,824
Penns Woods Bancorp, Inc.		634		20,954
Peoples Bancorp, Inc./Ohio		2,086		25,804
Pinnacle Financial Partners, Inc.*		6,040		55,508
Porter Bancorp, Inc.		290		2,912
PrivateBancorp, Inc.		9,543		108,695
Prosperity Bancshares, Inc.		8,529		276,937
Renasant Corp.		3,802		57,828
Republic Bancorp, Inc./Kentucky, Class A		1,815		38,351
S&T Bancorp, Inc.		4,536		79,017
Sandy Spring Bancorp, Inc.		4,410		68,355
SCBT Financial Corp.		2,349		73,265
Sierra Bancorp		1,757		21,699
Signature Bank/New York*		7,471		290,174
Simmons First National Corp., Class A		3,131		88,513
Southside Bancshares, Inc.		2,853		53,893
Southwest Bancorp, Inc./Oklahoma		3,601		46,705
State Bancorp, Inc./New York		3,218		28,898
StellarOne Corp.		4,193	$	53,335
Sterling Bancorp/New York		4,925		42,798
Sterling Bancshares, Inc./Texas		16,854		90,506
Suffolk Bancorp		1,771		44,842
Susquehanna Bancshares, Inc.		23,750		200,450
SVB Financial Group*		7,632		322,986
SY Bancorp, Inc.		2,155		53,487
Taylor Capital Group, Inc.*		1,655		18,983
Texas Capital Bancshares, Inc.*		6,684		115,433
Tompkins Financial Corp.		1,438		57,031
Tower Bancorp, Inc.		964		19,540
TowneBank/Virginia		4,308		64,448
Trico Bancshares		2,561		39,363
Trustmark Corp.		11,429		248,466
UMB Financial Corp.		5,676		201,555
Umpqua Holdings Corp.		20,956		237,641
Union First Market Bankshares Corp.		3,303		43,137
United Bankshares, Inc.		6,891		171,517
United Community Banks, Inc./Georgia*		17,262		38,667
Univest Corp. of Pennsylvania		3,040		53,078
Virginia Commerce Bancorp, Inc.*		3,661		17,792
Washington Banking Co.		2,869		39,764
Washington Trust Bancorp, Inc.		2,549		48,737
Webster Financial Corp.		11,950		209,842
WesBanco, Inc.		4,200		68,628
West Bancorp, Inc.*		2,799		17,634
West Coast Bancorp/Oregon*		12,172		27,752
Westamerica Bancorp		5,380		293,156
Western Alliance Bancorp*		10,776		72,199
Whitney Holding Corp./Louisiana		17,647		144,176
Wilshire Bancorp, Inc.		3,686		24,106
Wintrust Financial Corp.		5,709		185,029

				10,714,232

*Consumer Finance* (*0.4%*)
Advance America Cash Advance Centers, Inc.		10,502		42,323
Cardtronics, Inc.*		4,943		76,270
Cash America International, Inc.		5,398		188,930
CompuCredit Holdings Corp.		2,785		13,424
Credit Acceptance Corp.*		808		48,932
Dollar Financial Corp.*		4,439		92,642
EZCORP, Inc., Class A*		8,441		169,158
First Cash Financial Services, Inc.*		5,508		152,847
First Marblehead Corp.*		10,552		24,692
Nelnet, Inc., Class A		4,832		110,556
Student Loan Corp.		602		17,879
World Acceptance Corp.*		3,006		132,745

				1,070,398

*Diversified Financial Services* (*0.4%*)
Asset Acceptance Capital Corp.*		2,791		14,988
Asta Funding, Inc.		1,902		14,512
Compass Diversified Holdings		5,965		96,394
Encore Capital Group, Inc.*		2,561		46,149
Life Partners Holdings, Inc.		1,223		23,274
MarketAxess Holdings, Inc.		5,078		86,225
Marlin Business Services Corp.*		1,674		20,088
Medallion Financial Corp.		2,475		19,280
NewStar Financial, Inc.*		5,077		37,621
PHH Corp.*		10,136		213,464
PICO Holdings, Inc.*		4,129		123,292
Portfolio Recovery Associates, Inc.*		3,097		200,221
Primus Guaranty Ltd.*		3,084		14,063

				909,571

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Insurance* (*2.0%*)
Alterra Capital Holdings Ltd.		17,241	$	343,441
Ambac Financial Group, Inc.*		9,139		5,072
American Equity Investment Life Holding Co.		10,773		110,315
American Physicians Capital, Inc.		1,531		63,475
American Physicians Service Group, Inc.		1,325		42,864
American Safety Insurance Holdings Ltd.*		2,007		32,794
AMERISAFE, Inc.*		3,435		64,509
Amtrust Financial Services, Inc.		4,266		61,942
Argo Group International Holdings Ltd.		5,733		199,164
Baldwin & Lyons, Inc., Class B		1,583		40,287
Citizens, Inc./Texas*		6,675		45,991
CNA Surety Corp.*		3,376		60,498
CNO Financial Group, Inc.*		39,613		219,456
Crawford & Co., Class B*		4,571		11,107
Delphi Financial Group, Inc., Class A		8,728		218,113
Donegal Group, Inc., Class A		2,028		26,506
eHealth, Inc.*		4,306		55,633
EMC Insurance Group, Inc.		1,006		21,448
Employers Holdings, Inc.		1,423		22,441
Enstar Group, Ltd.*		1,281		93,001
FBL Financial Group, Inc., Class A		2,494		64,794
First American Financial Corp.		19,098		285,324
First Mercury Financial Corp.		2,745		27,670
Flagstone Reinsurance Holdings S.A.		9,695		102,864
FPIC Insurance Group, Inc.*		1,862		65,338
Global Indemnity plc*		2,613		41,939
Greenlight Capital Reinsurance Ltd., Class A*		5,238		131,055
Hallmark Financial Services*		2,228		19,473
Harleysville Group, Inc.		2,233		73,220
Hilltop Holdings, Inc.*		7,532		72,157
Horace Mann Educators Corp.		7,319		130,132
Infinity Property & Casualty Corp.		2,518		122,803
Kansas City Life Insurance Co.		834		26,012
Maiden Holdings Ltd.		9,392		71,473
Meadowbrook Insurance Group, Inc.		10,208		91,566
Montpelier Reinsurance Holdings Ltd.		13,289		230,165
National Financial Partners Corp.*		7,850		99,459
National Interstate Corp.		1,423		30,979
National Western Life Insurance Co., Class A		394		55,428
Navigators Group, Inc.*		2,278		101,667
NYMAGIC, Inc.		913		23,437
Phoenix Cos., Inc.*		21,290		44,709
Platinum Underwriters Holdings Ltd.		7,482		325,617
PMA Capital Corp., Class A*		6,135		46,258
Presidential Life Corp.		3,808		37,318
Primerica, Inc.		4,409		89,679
ProAssurance Corp.*		5,930		341,509
RLI Corp.		3,466		196,245
Safety Insurance Group, Inc.		2,404		101,016
SeaBright Holdings, Inc.		4,170		33,610
Selective Insurance Group, Inc.		9,949		162,069
State Auto Financial Corp.		2,833		43,090
Stewart Information Services Corp.		3,431		38,839
Tower Group, Inc.		7,528		175,779
United Fire & Casualty Co.		4,275		90,673
Universal Insurance Holdings, Inc.		3,308		14,853

				5,346,276

*Real Estate Investment Trusts (REITs)* (*5.2%*)
Acadia Realty Trust (REIT)		7,661	$	145,559
Agree Realty Corp. (REIT)		1,791		45,223
Alexander’s, Inc. (REIT)		395		124,733
American Campus Communities, Inc. (REIT)		11,892		361,992
American Capital Agency Corp. (REIT)		5,944		157,932
Anworth Mortgage Asset Corp. (REIT)		22,507		160,475
Apollo Commercial Real Estate Finance, Inc. (REIT)		2,165		34,792
Ashford Hospitality Trust, Inc. (REIT)*		7,554		68,364
Associated Estates Realty Corp. (REIT)		5,700		79,686
BioMed Realty Trust, Inc. (REIT)		20,574		368,686
CapLease, Inc. (REIT)		10,845		60,624
Capstead Mortgage Corp. (REIT)		13,113		142,538
CBL & Associates Properties, Inc. (REIT)		24,848		324,515
Cedar Shopping Centers, Inc. (REIT)		10,406		63,268
Chatham Lodging Trust (REIT)*		1,887		35,117
Chesapeake Lodging Trust (REIT)		1,397		22,855
Cogdell Spencer, Inc. (REIT)		8,211		51,894
Colonial Properties Trust (REIT)		13,050		211,279
Colony Financial, Inc. (REIT)		2,883		53,278
Cousins Properties, Inc. (REIT)		16,844		120,266
CreXus Investment Corp. (REIT)		2,750		33,083
Cypress Sharpridge Investments, Inc. (REIT)		4,542		60,636
DCT Industrial Trust, Inc. (REIT)		39,523		189,315
DiamondRock Hospitality Co. (REIT)*		28,020		265,910
DuPont Fabros Technology, Inc. (REIT)		7,583		190,712
Dynex Capital, Inc. (REIT)		2,574		27,748
EastGroup Properties, Inc. (REIT)		5,128		191,685
Education Realty Trust, Inc. (REIT)		10,865		77,685
Entertainment Properties Trust (REIT)		8,567		369,923
Equity Lifestyle Properties, Inc. (REIT)		4,978		271,201
Equity One, Inc. (REIT)		7,015		118,413
Excel Trust, Inc. (REIT)		3,057		34,452
Extra Space Storage, Inc. (REIT)		16,296		261,388
FelCor Lodging Trust, Inc. (REIT)*		17,670		81,282
First Industrial Realty Trust, Inc. (REIT)*		11,927		60,470
First Potomac Realty Trust (REIT)		7,079		106,185
Franklin Street Properties Corp. (REIT)		13,025		161,771
Getty Realty Corp. (REIT)		4,034		108,232
Gladstone Commercial Corp. (REIT)		1,671		28,674
Glimcher Realty Trust (REIT)		12,876		79,187
Government Properties Income Trust (REIT)		4,123		110,084
Hatteras Financial Corp. (REIT)		6,849		194,991
Healthcare Realty Trust, Inc. (REIT)		11,743		274,669
Hersha Hospitality Trust (REIT)		20,611		106,765
Highwoods Properties, Inc. (REIT)		13,058		423,993
Home Properties, Inc. (REIT)		7,162		378,870
Inland Real Estate Corp. (REIT)		14,221		118,177
Invesco Mortgage Capital, Inc. (REIT)		5,039		108,439
Investors Real Estate Trust (REIT)		14,239		119,323

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
iStar Financial, Inc. (REIT)*		17,303	$	52,947
Kilroy Realty Corp. (REIT)		10,128		335,642
Kite Realty Group Trust (REIT)		10,393		46,145
LaSalle Hotel Properties (REIT)		12,638		295,603
Lexington Realty Trust (REIT)		18,076		129,424
LTC Properties, Inc. (REIT)		4,628		118,107
Medical Properties Trust, Inc. (REIT)		20,633		209,219
MFA Financial, Inc. (REIT)		51,896		395,966
Mid-America Apartment Communities, Inc. (REIT)		5,976		348,281
Mission West Properties, Inc. (REIT)		3,366		22,821
Monmouth Real Estate Investment Corp. (REIT), Class A		5,270		41,211
MPG Office Trust, Inc. (REIT)*		9,271		23,178
National Health Investors, Inc. (REIT)		4,691		206,685
National Retail Properties, Inc. (REIT)		15,521		389,732
Newcastle Investment Corp. (REIT)*		12,037		37,315
NorthStar Realty Finance Corp. (REIT)		13,926		52,083
Omega Healthcare Investors, Inc. (REIT)		17,313		388,677
One Liberty Properties, Inc. (REIT)		1,599		25,440
Parkway Properties, Inc./Maryland (REIT)		4,089		60,517
Pebblebrook Hotel Trust (REIT)*		6,233		112,256
Pennsylvania Real Estate Investment Trust (REIT)		10,291		122,051
Pennymac Mortgage Investment Trust (REIT)		3,208		57,391
Post Properties, Inc. (REIT)		9,081		253,542
Potlatch Corp. (REIT)		7,556		256,904
PS Business Parks, Inc. (REIT)		3,556		201,163
RAIT Financial Trust (REIT)*		14,937		24,646
Ramco-Gershenson Properties Trust (REIT)		7,208		77,198
Redwood Trust, Inc. (REIT)		14,668		212,099
Resource Capital Corp. (REIT)		8,337		52,940
Retail Opportunity Investments Corp. (REIT)		7,614		72,866
Saul Centers, Inc. (REIT)		1,288		54,032
Sovran Self Storage, Inc. (REIT)		5,241		198,634
Strategic Hotels & Resorts, Inc. (REIT)*		25,955		110,049
Sun Communities, Inc. (REIT)		3,557		109,200
Sunstone Hotel Investors, Inc. (REIT)*		18,299		165,972
Tanger Factory Outlet Centers (REIT)		7,583		357,463
Terreno Realty Corp. (REIT)*		1,779		32,413
Two Harbors Investment Corp. (REIT)		5,170		46,633
UMH Properties, Inc. (REIT)		2,051		22,028
Universal Health Realty Income Trust (REIT)		2,212		76,115
Urstadt Biddle Properties, Inc. (REIT), Class A		4,069		73,568
U-Store-It Trust (REIT)		17,003		141,975
Walter Investment Management Corp. (REIT)		4,794		83,847
Washington Real Estate Investment Trust (REIT)		11,353		360,231
Winthrop Realty Trust (REIT)		3,515		43,445

				13,683,993

*Real Estate Management & Development (0.1%)*
Avatar Holdings, Inc.*		1,589	$	30,318
Consolidated-Tomoka Land Co.		1,054		30,050
Forestar Group, Inc.*		6,663		113,604
Kennedy-Wilson Holdings, Inc.*		3,861		40,927
Tejon Ranch Co.*		2,376		51,488
Thomas Properties Group, Inc.*		6,499		23,201

				289,588

*Thrifts & Mortgage Finance (1.1%*)
Abington Bancorp, Inc.		3,996		42,118
Astoria Financial Corp.		15,849		216,022
Bank Mutual Corp.		8,249		42,812
BankFinancial Corp.		3,312		30,371
Beneficial Mutual Bancorp, Inc.*		6,309		56,592
Berkshire Hills Bancorp, Inc.		2,552		48,386
BofI Holding, Inc.*		1,364		16,191
Brookline Bancorp, Inc.		10,847		108,253
Clifton Savings Bancorp, Inc.		1,608		13,829
Dime Community Bancshares, Inc.		4,858		67,283
Doral Financial Corp.*		4,215		6,997
ESB Financial Corp.		1,759		24,485
ESSA Bancorp, Inc.		2,361		27,954
Farmer Mac, Class C		1,737		18,794
First Financial Holdings, Inc.		3,034		33,799
Flagstar Bancorp, Inc.*		9,257		16,848
Flushing Financial Corp.		5,688		65,753
Fox Chase Bancorp, Inc.*		1,110		10,501
Home Federal Bancorp, Inc./Idaho		3,008		36,607
Kearny Financial Corp.		2,943		25,987
K-Fed Bancorp		421		3,322
Meridian Interstate Bancorp, Inc.*		1,459		15,378
MGIC Investment Corp.*		36,744		339,147
NASB Financial, Inc.		710		11,751
NewAlliance Bancshares, Inc.		19,444		245,383
Northwest Bancshares, Inc.		20,303		227,191
OceanFirst Financial Corp.		2,690		33,006
Ocwen Financial Corp.*		13,600		137,904
Oritani Financial Corp.		10,184		101,636
PMI Group, Inc.*		26,347		96,693
Provident Financial Services, Inc.		10,967		135,552
Provident New York BanCorp		7,113		59,678
Radian Group, Inc.		24,389		190,722
Rockville Financial, Inc.		1,323		15,201
Roma Financial Corp.		1,344		14,152
Territorial Bancorp, Inc.		2,231		37,548
TrustCo Bank Corp. NY		14,069		78,224
United Financial Bancorp, Inc.		2,955		39,922
ViewPoint Financial Group		2,860		26,455
Waterstone Financial, Inc.*		1,485		5,925
Westfield Financial, Inc.		5,436		42,401
WSFS Financial Corp.		964		36,160

				2,802,933

Total Financials				38,766,616

Health Care (9.2%)
*Biotechnology (2.4%*)
Acorda Therapeutics, Inc.*		7,061		233,154
Affymax, Inc.*		3,759		22,366
Alkermes, Inc.*		17,318		253,709
Allos Therapeutics, Inc.*		14,279		67,397
Alnylam Pharmaceuticals, Inc.*		6,601		81,060
AMAG Pharmaceuticals, Inc.*		3,836		66,018
Anthera Pharmaceuticals, Inc.*		1,585		6,641
Arena Pharmaceuticals, Inc.*		18,459		28,981
ARIAD Pharmaceuticals, Inc.*		20,220		77,240

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
ArQule, Inc.*		7,613	$	39,207
Array BioPharma, Inc.*		9,773		31,567
AspenBio Pharma, Inc.*		8,316		4,241
AVEO Pharmaceuticals, Inc.*		1,360		15,150
AVI BioPharma, Inc.*		20,192		37,153
BioCryst Pharmaceuticals, Inc.*		4,898		24,196
BioSante Pharmaceuticals, Inc.*		11,444		19,226
Biospecifics Technologies Corp.*		668		17,983
Biotime, Inc.*		4,003		19,014
Celera Corp.*		14,890		100,359
Celldex Therapeutics, Inc.*		5,800		23,200
Cepheid, Inc.*		10,858		203,153
Chelsea Therapeutics International Ltd.*		4,934		25,262
Clinical Data, Inc.*		1,739		29,337
Codexis, Inc.*		938		9,005
Cubist Pharmaceuticals, Inc.*		10,614		248,261
Curis, Inc.*		14,052		19,251
Cytokinetics, Inc.*		7,769		20,510
Cytori Therapeutics, Inc.*		7,891		38,587
CytRx Corp.*		23,480		17,608
Dyax Corp.*		17,835		42,269
Dynavax Technologies Corp.*		12,016		21,989
Emergent Biosolutions, Inc.*		3,399		58,667
Enzon Pharmaceuticals, Inc.*		9,019		101,464
Exact Sciences Corp.*		6,523		47,226
Exelixis, Inc.*		19,866		77,875
Genomic Health, Inc.*		2,524		33,721
Geron Corp.*		17,896		98,965
Halozyme Therapeutics, Inc.*		13,084		100,878
Idenix Pharmaceuticals, Inc.*		6,546		20,293
Immunogen, Inc.*		12,378		77,610
Immunomedics, Inc.*		12,002		38,646
Incyte Corp.*		16,055		256,719
Infinity Pharmaceuticals, Inc.*		2,426		13,367
Inhibitex, Inc.*		9,759		17,566
Inovio Pharmaceuticals, Inc.*		16,971		21,214
InterMune, Inc.*		8,324		113,373
Ironwood Pharmaceuticals, Inc.*		3,515		35,783
Isis Pharmaceuticals, Inc.*		17,176		144,278
Keryx Biopharmaceuticals, Inc.*		9,411		45,267
Lexicon Pharmaceuticals, Inc.*		35,924		57,478
Ligand Pharmaceuticals, Inc., Class B*		21,151		33,419
MannKind Corp.*		11,251		76,057
Martek Biosciences Corp.*		6,076		137,500
Maxygen, Inc.*		5,794		33,547
Medivation, Inc.*		6,201		80,613
Metabolix, Inc.*		4,887		61,478
Micromet, Inc.*		14,749		99,113
Momenta Pharmaceuticals, Inc.*		7,333		110,362
Nabi Biopharmaceuticals*		8,125		39,000
Nanosphere, Inc.*		3,146		15,824
Neuralstem, Inc.*		7,927		19,976
Neurocrine Biosciences, Inc.*		9,013		54,619
NeurogesX, Inc.*		1,825		12,611
Novavax, Inc.*		16,090		35,237
NPS Pharmaceuticals, Inc.*		10,767		73,646
Nymox Pharmaceutical Corp.*		3,937		14,055
Omeros Corp.*		3,691		26,907
Onyx Pharmaceuticals, Inc.*		11,417		301,180
Opko Health, Inc.*		16,066		35,988
Orexigen Therapeutics, Inc.*		6,034		35,782
Osiris Therapeutics, Inc.*		3,403		24,774
PDL BioPharma, Inc.		22,018		115,815
Peregrine Pharmaceuticals, Inc.*		9,478		13,743
Pharmacyclics, Inc.*		6,963	$	56,122
Pharmasset, Inc.*		5,338		157,471
Progenics Pharmaceuticals, Inc.*		5,387		27,204
Rigel Pharmaceuticals, Inc.*		9,487		79,786
Sangamo BioSciences, Inc.*		8,218		28,188
Savient Pharmaceuticals, Inc.*		12,337		282,147
Sciclone Pharmaceuticals, Inc.*		6,450		17,028
Seattle Genetics, Inc.*		15,221		236,382
SIGA Technologies, Inc.*		5,802		49,085
Spectrum Pharmaceuticals, Inc.*		9,325		38,885
StemCells, Inc.*		21,875		18,156
Synta Pharmaceuticals Corp.*		3,892		15,529
Targacept, Inc.*		4,346		97,090
Theravance, Inc.*		11,407		229,281
Transcept Pharmaceuticals, Inc.*		1,075		7,493
Vanda Pharmaceuticals, Inc.*		5,091		34,008
Vical, Inc.*		10,807		24,100
Zalicus, Inc.*		12,010		15,613
ZIOPHARM Oncology, Inc.*		8,909		33,409
ZymoGenetics, Inc.*		9,674		94,321

				6,196,028

*Health Care Equipment & Supplies (2.4%)*
Abaxis, Inc.*		4,023		92,931
ABIOMED, Inc.*		5,691		60,382
Accuray, Inc.*		9,336		58,070
AGA Medical Holdings, Inc.*		2,486		34,705
Align Technology, Inc.*		10,836		212,169
Alimera Sciences, Inc.*		1,016		9,723
Alphatec Holdings, Inc.*		9,285		19,777
American Medical Systems Holdings, Inc.*		13,767		269,558
Analogic Corp.		2,361		105,962
AngioDynamics, Inc.*		4,458		67,940
Antares Pharma, Inc.*		13,322		19,317
ArthroCare Corp.*		4,923		133,807
Atrion Corp.		283		44,575
Cantel Medical Corp.		2,341		37,924
Cerus Corp.*		7,504		28,815
Conceptus, Inc.*		5,632		77,440
CONMED Corp.*		5,305		118,885
CryoLife, Inc.*		5,324		32,317
Cutera, Inc.*		2,743		22,218
Cyberonics, Inc.*		5,087		135,721
Cynosure, Inc., Class A*		1,825		18,633
Delcath Systems, Inc.*		6,845		49,421
DexCom, Inc.*		10,494		138,731
DynaVox, Inc., Class A*		1,870		15,184
Endologix, Inc.*		8,906		40,611
Exactech, Inc.*		1,367		22,309
Greatbatch, Inc.*		4,222		97,908
Haemonetics Corp.*		4,574		267,716
Hansen Medical, Inc.*		8,001		11,441
HeartWare International, Inc.*		1,700		116,892
ICU Medical, Inc.*		2,117		78,943
Immucor, Inc.*		12,746		252,753
Insulet Corp.*		6,919		97,835
Integra LifeSciences Holdings Corp.*		3,826		150,974
Invacare Corp.		5,309		140,742
IRIS International, Inc.*		3,240		31,104
Kensey Nash Corp.*		1,476		42,642
MAKO Surgical Corp.*		4,606		44,125
Masimo Corp.		9,471		258,653
Medical Action Industries, Inc.*		2,609		23,611
MELA Sciences, Inc.*		4,362		28,440
Meridian Bioscience, Inc.		7,403		161,978

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Merit Medical Systems, Inc.*		5,139	$	81,659
Natus Medical, Inc.*		5,179		75,458
Neogen Corp.*		4,080		138,108
NuVasive, Inc.*		7,144		251,040
NxStage Medical, Inc.*		4,528		86,485
OraSure Technologies, Inc.*		8,408		34,052
Orthofix International N.V.*		3,205		100,701
Orthovita, Inc.*		13,458		30,550
Palomar Medical Technologies, Inc.*		3,390		35,019
Quidel Corp.*		3,950		43,410
Rochester Medical Corp.*		1,950		21,275
RTI Biologics, Inc.*		10,424		27,415
Sirona Dental Systems, Inc.*		6,113		220,313
Solta Medical, Inc.*		10,850		21,700
SonoSite, Inc.*		2,647		88,701
Spectranetics Corp.*		5,993		32,482
STAAR Surgical Co.*		6,381		34,521
Stereotaxis, Inc.*		4,646		19,234
STERIS Corp.		10,767		357,680
SurModics, Inc.*		3,161		37,679
Symmetry Medical, Inc.*		6,564		63,277
Syneron Medical Ltd.*		6,480		64,282
Synovis Life Technologies, Inc.*		2,181		32,606
TomoTherapy, Inc.*		8,035		28,283
Unilife Corp.*		8,866		53,462
Vascular Solutions, Inc.*		3,039		34,888
Volcano Corp.*		9,167		238,159
West Pharmaceutical Services, Inc.		6,075		208,433
Wright Medical Group, Inc.*		7,068		101,850
Young Innovations, Inc.		1,135		32,472
Zoll Medical Corp.*		3,910		126,176

				6,394,252

*Health Care Providers & Services (2.4%)*
Air Methods Corp.*		2,036		84,657
Alliance HealthCare Services, Inc.*		4,556		20,866
Allied Healthcare International, Inc.*		8,316		20,790
Almost Family, Inc.*		1,552		45,986
Amedisys, Inc.*		5,222		124,284
America Service Group, Inc.		1,820		27,082
American Dental Partners, Inc.*		2,856		34,443
AMERIGROUP Corp.*		9,451		401,384
AMN Healthcare Services, Inc.*		5,973		30,701
Amsurg Corp.*		5,633		98,465
Assisted Living Concepts, Inc., Class A*		1,800		54,792
Bio-Reference Labs, Inc.*		4,367		91,096
BioScrip, Inc.*		7,183		37,064
Capital Senior Living Corp.*		5,448		29,038
CardioNet, Inc.*		3,880		17,499
Catalyst Health Solutions, Inc.*		6,932		244,076
Centene Corp.*		8,962		211,414
Chemed Corp.		4,185		238,419
Chindex International, Inc.*		2,589		39,120
Clarient, Inc.*		10,420		35,220
Continucare Corp.*		5,394		22,655
Corvel Corp.*		1,314		55,779
Cross Country Healthcare, Inc.*		5,657		40,674
Emeritus Corp.*		3,647		62,218
Ensign Group, Inc.		2,619		47,011
Five Star Quality Care, Inc.*		6,598		33,320
Genoptix, Inc.*		3,216		45,667
Gentiva Health Services, Inc.*		5,166		112,877
Hanger Orthopedic Group, Inc.*		4,752		69,094
Health Grades, Inc.*		4,729		38,730
HealthSouth Corp.*		17,091		328,147
Healthspring, Inc.*		10,581	$	273,413
Healthways, Inc.*		6,231		72,529
HMS Holdings Corp.*		4,954		291,989
IPC The Hospitalist Co., Inc.*		2,968		81,086
Kindred Healthcare, Inc.*		7,206		93,822
Landauer, Inc.		1,706		106,847
LCA-Vision, Inc.*		3,363		18,732
LHC Group, Inc.*		2,848		66,045
Magellan Health Services, Inc.*		5,978		282,401
MedCath Corp.*		3,444		34,681
Metropolitan Health Networks, Inc.*		6,852		26,038
Molina Healthcare, Inc.*		2,393		64,587
MWI Veterinary Supply, Inc.*		2,220		128,138
National Healthcare Corp.		1,602		59,386
National Research Corp.		394		10,275
Owens & Minor, Inc.		11,512		327,632
PDI, Inc.*		1,765		15,426
PharMerica Corp.*		5,578		53,158
Prospect Medical Holdings, Inc.*		1,328		11,288
Providence Service Corp.*		2,532		41,499
PSS World Medical, Inc.*		10,426		222,908
Psychiatric Solutions, Inc.*		10,441		350,296
RehabCare Group, Inc.*		4,541		91,819
Res-Care, Inc.*		4,593		60,949
Rural/Metro Corp.*		3,589		30,542
Select Medical Holdings Corp.*		9,208		70,902
Skilled Healthcare Group, Inc., Class A*		3,094		12,159
Sun Healthcare Group, Inc.*		13,619		115,353
Sunrise Senior Living, Inc.*		9,446		32,400
Team Health Holdings, Inc.*		2,828		36,509
Triple-S Management Corp., Class B*		3,682		62,042
U.S. Physical Therapy, Inc.*		1,740		29,093
Universal American Corp.		5,491		80,992
WellCare Health Plans, Inc.*		7,745		224,295

				6,221,799

*Health Care Technology (0.3%)*
athenahealth, Inc.*		6,055		199,936
Computer Programs & Systems, Inc.		1,793		76,328
MedAssets, Inc.*		7,857		165,311
Medidata Solutions, Inc.*		3,422		65,703
MedQuist, Inc.*		2,057		18,019
Merge Healthcare, Inc.*		9,560		27,724
Omnicell, Inc.*		5,905		77,237
Quality Systems, Inc.		3,451		228,836
Transcend Services, Inc.*		1,591		24,263
Vital Images, Inc.*		2,626		34,742

				918,099

*Life Sciences Tools & Services (0.5%)*
Accelrys, Inc.*		10,028		69,795
Affymetrix, Inc.*		12,942		59,015
Albany Molecular Research, Inc.*		4,140		26,413
Bruker Corp.*		13,271		186,192
Caliper Life Sciences, Inc.*		8,645		34,494
Cambrex Corp.*		6,242		26,528
Dionex Corp.*		3,211		277,559
Enzo Biochem, Inc.*		5,542		21,060
eResearchTechnology, Inc.*		8,956		66,991
Kendle International, Inc.*		2,720		25,350
Luminex Corp.*		6,787		108,592
PAREXEL International Corp.*		10,671		246,820
Pure Bioscience*		7,538		17,413
Sequenom, Inc.*		11,380		79,774

				1,245,996

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Pharmaceuticals (1.2%*)
Acura Pharmaceuticals, Inc.*		2,390	$	5,951
Akorn, Inc.*		10,476		42,323
Alexza Pharmaceuticals, Inc.*		6,999		22,187
Aoxing Pharmaceutical Co., Inc.*		4,912		15,031
Ardea Biosciences, Inc.*		2,486		57,178
Auxilium Pharmaceuticals, Inc.*		7,603		188,402
AVANIR Pharmaceuticals, Inc., Class A*		13,215		42,156
Biodel, Inc.*		3,306		17,522
BioMimetic Therapeutics, Inc.*		2,768		31,555
BMP Sunstone Corp.*		4,768		36,237
Cadence Pharmaceuticals, Inc.*		4,594		38,360
Caraco Pharmaceutical Laboratories Ltd.*		2,010		10,814
Corcept Therapeutics, Inc.*		5,349		20,808
Cornerstone Therapeutics, Inc.*		1,575		11,119
Cumberland Pharmaceuticals, Inc.*		2,215		12,869
Cypress Bioscience, Inc.*		7,605		29,279
Depomed, Inc.*		10,250		45,920
Durect Corp.*		15,810		40,157
Eurand N.V.*		3,482		34,263
Hi-Tech Pharmacal Co., Inc.*		1,867		37,788
Impax Laboratories, Inc.*		11,430		226,314
Inspire Pharmaceuticals, Inc.*		10,809		64,314
Jazz Pharmaceuticals, Inc.*		2,810		30,151
Lannett Co., Inc.*		2,202		10,085
MAP Pharmaceuticals, Inc.*		2,596		39,719
Medicines Co.*		9,682		137,484
Medicis Pharmaceutical Corp., Class A		11,030		327,040
Nektar Therapeutics*		17,166		253,542
Neostem, Inc.*		4,089		8,301
Obagi Medical Products, Inc.*		3,096		32,508
Optimer Pharmaceuticals, Inc.*		6,041		55,396
Pain Therapeutics, Inc.*		6,368		39,354
Par Pharmaceutical Cos., Inc.*		6,395		185,967
Pozen, Inc.*		4,858		34,395
Questcor Pharmaceuticals, Inc.*		10,004		99,240
Salix Pharmaceuticals Ltd.*		10,400		413,088
Santarus, Inc.*		10,624		31,978
Somaxon Pharmaceuticals, Inc.*		5,552		21,597
Sucampo Pharmaceuticals, Inc., Class A*		2,611		9,791
SuperGen, Inc.*		10,313		21,554
ViroPharma, Inc.*		14,188		211,543
Vivus, Inc.*		14,764		98,771
XenoPort, Inc.*		5,265		37,434

				3,129,485

Total Health Care				24,105,659

Industrials (10.9%)
*Aerospace & Defense (1.3%)*
AAR Corp.*		7,097		132,430
Aerovironment, Inc.*		3,009		66,950
American Science & Engineering, Inc.		1,641		120,860
Applied Energetics, Inc.*		14,742		16,511
Applied Signal Technology, Inc.		2,425		60,334
Astronics Corp.*		1,873		32,684
Ceradyne, Inc.*		4,605		107,527
Cubic Corp.		2,854		116,443
Curtiss-Wright Corp.		8,188		248,096
DigitalGlobe, Inc.*		5,003		152,091
Ducommun, Inc.		1,882		40,990
Esterline Technologies Corp.*		5,346		305,952
GenCorp, Inc.*		10,759		52,934
GeoEye, Inc.*		4,027	$	163,013
Global Defense Technology & Systems, Inc.*		905		12,399
HEICO Corp.		5,350		244,174
Herley Industries, Inc.*		2,418		39,897
Hexcel Corp.*		17,438		310,222
Kratos Defense & Security Solutions, Inc.*		2,990		31,844
Ladish Co., Inc.*		2,864		89,156
LMI Aerospace, Inc.*		1,704		27,128
Moog, Inc., Class A*		8,264		293,455
Orbital Sciences Corp.*		10,487		160,451
Taser International, Inc.*		11,406		44,255
Teledyne Technologies, Inc.*		6,592		262,493
Triumph Group, Inc.		3,039		226,679

				3,358,968

*Air Freight & Logistics (0.3%*)
Air Transport Services Group, Inc.*		9,953		60,614
Atlas Air Worldwide Holdings, Inc.*		4,722		237,517
Dynamex, Inc.*		1,709		26,062
Forward Air Corp.		5,311		138,086
Hub Group, Inc., Class A*		6,824		199,670
Pacer International, Inc.*		6,413		38,735
Park-Ohio Holdings Corp.*		1,561		20,761

				721,445

*Airlines (0.6%*)
AirTran Holdings, Inc.*		24,791		182,214
Alaska Air Group, Inc.*		6,445		328,888
Allegiant Travel Co.		2,776		117,480
Hawaiian Holdings, Inc.*		9,502		56,917
JetBlue Airways Corp.*		43,855		293,390
Pinnacle Airlines Corp.*		3,393		18,424
Republic Airways Holdings, Inc.*		6,196		51,303
SkyWest, Inc.		9,649		134,700
U.S. Airways Group, Inc.*		29,490		272,783

				1,456,099

*Building Products (0.5%*)
A.O. Smith Corp.		4,331		250,722
AAON, Inc.		2,273		53,461
American Woodmark Corp.		1,528		27,091
Ameron International Corp.		1,686		114,581
Apogee Enterprises, Inc.		5,127		46,912
Builders FirstSource, Inc.*		7,398		16,867
Gibraltar Industries, Inc.*		5,511		49,489
Griffon Corp.*		8,168		99,568
Insteel Industries, Inc.		3,238		29,077
NCI Building Systems, Inc.*		3,410		32,497
PGT, Inc.*		3,085		7,034
Quanex Building Products Corp.		6,947		119,975
Simpson Manufacturing Co., Inc.		6,984		180,047
Trex Co., Inc.*		2,829		53,949
Universal Forest Products, Inc.		3,539		103,516

				1,184,786

*Commercial Services & Supplies (1.8%*)
ABM Industries, Inc.		9,472		204,501
ACCO Brands Corp.*		10,029		57,667
American Reprographics Co.*		6,731		52,838
APAC Customer Services, Inc.*		5,941		33,626
ATC Technology Corp.*		3,645		90,177
Bowne & Co., Inc.		7,364		83,434
Brink’s Co.		8,781		201,963
Casella Waste Systems, Inc., Class A*		4,930		20,706
Cenveo, Inc.*		10,041		50,506
Clean Harbors, Inc.*		4,217		285,702

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Consolidated Graphics, Inc.*		1,703	$	70,589
Courier Corp.		1,734		24,658
Deluxe Corp.		9,379		179,420
EnergySolutions, Inc.		16,265		81,813
EnerNOC, Inc.*		3,591		112,793
Ennis, Inc.		4,705		84,172
Fuel Tech, Inc.*		3,353		21,023
G&K Services, Inc., Class A		3,389		77,473
GEO Group, Inc.*		11,183		261,123
Healthcare Services Group, Inc.		7,961		181,431
Herman Miller, Inc.		10,412		204,908
HNI Corp.		8,251		237,299
Innerworkings, Inc.*		4,651		30,557
Interface, Inc., Class A		9,216		131,144
Kimball International, Inc., Class B		5,681		33,120
Knoll, Inc.		8,596		133,324
M&F Worldwide Corp.*		1,941		47,263
McGrath RentCorp		4,364		104,518
Metalico, Inc.*		6,878		26,343
Mine Safety Appliances Co.		4,825		130,758
Mobile Mini, Inc.*		6,620		101,551
Multi-Color Corp.		2,103		32,386
Rollins, Inc.		7,646		178,764
Schawk, Inc.		2,029		37,455
Standard Parking Corp.*		2,803		47,931
Standard Register Co.		3,319		9,692
Steelcase, Inc., Class A		13,975		116,412
Sykes Enterprises, Inc.*		7,549		102,515
Team, Inc.*		3,453		59,426
Tetra Tech, Inc.*		11,291		236,772
U.S. Ecology, Inc.		3,330		53,280
UniFirst Corp.		2,569		113,421
United Stationers, Inc.*		4,402		235,551
Viad Corp.		3,775		73,009

				4,653,014

*Construction & Engineering (0.5%)*
Argan, Inc.*		1,265		11,828
Comfort Systems USA, Inc.		6,946		74,531
Dycom Industries, Inc.*		7,064		70,569
EMCOR Group, Inc.*		11,801		290,187
Furmanite Corp.*		7,098		34,638
Granite Construction, Inc.		6,384		145,172
Great Lakes Dredge & Dock Corp.		10,749		62,452
Insituform Technologies, Inc., Class A*		7,163		173,201
Layne Christensen Co.*		3,560		92,168
MasTec, Inc.*		9,685		99,949
Michael Baker Corp.*		1,439		47,429
MYR Group, Inc.*		3,625		59,414
Northwest Pipe Co.*		1,694		29,645
Orion Marine Group, Inc.*		4,916		61,008
Pike Electric Corp.*		3,270		23,806
Primoris Services Corp.		3,535		23,119
Sterling Construction Co., Inc.*		2,919		36,137
Tutor Perini Corp.*		4,848		97,396

				1,432,649

*Electrical Equipment (1.3%)*
A123 Systems, Inc.*		13,237		118,736
Acuity Brands, Inc.		7,820		345,957
Advanced Battery Technologies, Inc.*		10,791		38,740
American Superconductor Corp.*		8,199		254,989
AZZ, Inc.		2,278		97,590
Baldor Electric Co.		8,422		340,249
Belden, Inc.		8,569		226,050
Brady Corp., Class A		8,688	$	253,429
Broadwind Energy, Inc.*		16,899		31,601
Capstone Turbine Corp.*		44,047		34,009
Coleman Cable, Inc.*		1,627		9,746
Encore Wire Corp.		3,346		68,626
Ener1, Inc.*		11,204		41,231
EnerSys*		8,619		215,216
Franklin Electric Co., Inc.		4,253		141,029
FuelCell Energy, Inc.*		12,363		15,206
Generac Holdings, Inc.*		3,539		48,272
GrafTech International Ltd.*		21,618		337,889
Hoku Corp.*		2,819		7,696
II-VI, Inc.*		4,581		171,009
LaBarge, Inc.*		2,072		25,879
LSI Industries, Inc.		3,572		22,932
Polypore International, Inc.*		3,984		120,157
Powell Industries, Inc.*		1,603		49,885
PowerSecure International, Inc.*		3,334		30,873
Preformed Line Products Co.		406		14,157
SatCon Technology Corp.*		13,058		49,098
UQM Technologies, Inc.*		6,617		16,940
Vicor Corp.		3,618		52,859
Woodward Governor Co.		10,849		351,725

				3,531,775

*Industrial Conglomerates (0.2%)*
Otter Tail Corp.		6,500		132,535
Raven Industries, Inc.		2,968		112,458
Seaboard Corp.		59		104,489
Standex International Corp.		2,301		55,661
Tredegar Corp.		4,499		85,391
United Capital Corp.*		397		9,659

				500,193

*Machinery (2.1%)*
3D Systems Corp.*		3,439		54,027
Actuant Corp., Class A		12,191		279,905
Alamo Group, Inc.		1,269		28,337
Albany International Corp., Class A		4,989		94,392
Altra Holdings, Inc.*		4,901		72,192
American Railcar Industries, Inc.*		1,596		25,025
Ampco-Pittsburgh Corp.		1,559		38,694
ArvinMeritor, Inc.*		17,227		267,708
Astec Industries, Inc.*		3,624		103,393
Badger Meter, Inc.		2,755		111,522
Barnes Group, Inc.		8,962		157,642
Blount International, Inc.*		8,756		111,464
Briggs & Stratton Corp.		8,893		169,056
Cascade Corp.		1,668		53,042
Chart Industries, Inc.*		5,248		106,849
CIRCOR International, Inc.		3,134		99,034
CLARCOR, Inc.		9,027		348,713
Colfax Corp.*		4,397		65,383
Columbus McKinnon Corp.*		3,494		57,965
Commercial Vehicle Group, Inc.*		4,469		45,494
Douglas Dynamics, Inc.		1,888		23,317
Dynamic Materials Corp.		2,378		35,932
Energy Recovery, Inc.*		7,532		27,040
EnPro Industries, Inc.*		3,753		117,394
ESCO Technologies, Inc.		4,827		160,546
Federal Signal Corp.		11,389		61,387
Flow International Corp.*		8,108		21,324
Force Protection, Inc.*		12,791		64,467
FreightCar America, Inc.		2,196		54,022
Gorman-Rupp Co.		2,238		61,679
Graham Corp.		1,667		25,872

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Greenbrier Cos., Inc.*		3,482	$	54,284
John Bean Technologies Corp.		5,176		83,385
Kadant, Inc.*		2,275		43,020
Kaydon Corp.		5,983		207,012
L.B. Foster Co., Class A*		1,842		53,307
Lindsay Corp.		2,296		99,463
Lydall, Inc.*		2,866		21,094
Met-Pro Corp.		3,013		30,401
Middleby Corp.*		3,031		192,135
Miller Industries, Inc.		1,778		24,056
Mueller Industries, Inc.		6,896		182,675
Mueller Water Products, Inc., Class A		28,327		85,548
NACCO Industries, Inc., Class A		1,059		92,546
Nordson Corp.		6,125		451,351
Omega Flex, Inc.		456		6,512
PMFG, Inc.*		2,690		45,865
RBC Bearings, Inc.*		3,968		134,833
Robbins & Myers, Inc.		4,944		132,400
Sauer-Danfoss, Inc.*		2,149		45,752
Sun Hydraulics Corp.		2,306		65,006
Tecumseh Products Co., Class A*		3,365		38,597
Tennant Co.		3,466		107,099
Thermadyne Holdings Corp.*		1,585		22,396
Titan International, Inc.		6,463		87,703
Trimas Corp.*		2,856		42,412
Twin Disc, Inc.		1,394		19,446
Wabash National Corp.*		10,805		87,412
Watts Water Technologies, Inc., Class A		5,192		176,788
Xerium Technologies, Inc.*		1,339		17,648

				5,592,963

*Marine* (*0.1%*)
American Commercial Lines, Inc.*		1,653		46,086
Baltic Trading Ltd.		3,025		33,305
Eagle Bulk Shipping, Inc.*		11,354		59,268
Excel Maritime Carriers Ltd.*		7,199		40,458
Genco Shipping & Trading Ltd.*		4,735		75,476
Horizon Lines, Inc., Class A		5,273		22,147
International Shipholding Corp.		977		27,590
Ultrapetrol Bahamas Ltd.*		4,271		27,420

				331,750

*Professional Services* (*0.8%*)
Acacia Research Corp. - Acacia Technologies*		6,178		108,733
Administaff, Inc.		3,989		107,424
Advisory Board Co.*		2,831		124,989
Barrett Business Services, Inc.		1,304		19,808
CBIZ, Inc.*		8,055		47,766
CDI Corp.		2,285		29,522
Corporate Executive Board Co.		6,297		198,733
CoStar Group, Inc.*		3,779		184,075
CRA International, Inc.*		2,017		36,407
Dolan Co.*		5,534		62,922
Exponent, Inc.*		2,535		85,151
Franklin Covey Co.*		2,111		16,782
GP Strategies Corp.*		3,060		27,815
Heidrick & Struggles International, Inc.		3,189		62,122
Hill International, Inc.*		4,704		21,074
Hudson Highland Group, Inc.*		5,886		20,248
Huron Consulting Group, Inc.*		4,033		88,686
ICF International, Inc.*		3,113		78,043
Kelly Services, Inc., Class A*		4,814		56,468
Kforce, Inc.*		5,611		76,983
Korn/Ferry International*		8,413	$	139,151
LECG Corp.*		5,603		6,163
Mistras Group, Inc.*		2,898		33,559
Navigant Consulting, Inc.*		9,261		107,705
On Assignment, Inc.*		6,595		34,624
Resources Connection, Inc.		8,486		116,767
School Specialty, Inc.*		3,412		44,390
SFN Group, Inc.*		9,491		57,041
TrueBlue, Inc.*		8,060		110,019
Volt Information Sciences, Inc.*		2,937		21,146
VSE Corp.		836		29,486

				2,153,802

*Road & Rail* (*0.8%*)
Amerco, Inc.*		1,485		118,028
Arkansas Best Corp.		4,630		112,185
Avis Budget Group, Inc.*		18,820		219,253
Celadon Group, Inc.*		3,639		50,255
Dollar Thrifty Automotive Group, Inc.*		5,243		262,884
Genesee & Wyoming, Inc., Class A*		7,088		307,548
Heartland Express, Inc.		9,296		138,231
Knight Transportation, Inc.		10,912		210,929
Marten Transport Ltd.		2,803		64,974
Old Dominion Freight Line, Inc.*		7,632		194,005
P.A.M. Transportation Services, Inc.*		977		12,291
Patriot Transportation Holding, Inc.*		232		16,270
Quality Distribution, Inc.*		1,787		11,383
RailAmerica, Inc.*		4,174		40,196
Roadrunner Transportation Systems, Inc.*		2,023		21,929
Saia, Inc.*		2,897		43,252
Universal Truckload Services, Inc.*		960		15,034
USA Truck, Inc.*		1,409		21,107
Werner Enterprises, Inc.		7,666		157,076

				2,016,830

*Trading Companies & Distributors* (*0.6%*)
Aceto Corp.		4,967		33,726
Aircastle Ltd.		9,250		78,440
Applied Industrial Technologies, Inc.		7,542		230,785
Beacon Roofing Supply, Inc.*		8,300		120,931
BlueLinx Holdings, Inc.*		1,166		4,652
CAI International, Inc.*		1,675		25,410
DXP Enterprises, Inc.*		1,433		27,198
H&E Equipment Services, Inc.*		5,058		40,312
Houston Wire & Cable Co		3,247		32,568
Interline Brands, Inc.*		6,002		108,276
Kaman Corp.		4,720		123,711
Lawson Products, Inc.		751		11,468
RSC Holdings, Inc.*		9,027		67,342
Rush Enterprises, Inc., Class A*		5,792		88,849
TAL International Group, Inc.		3,065		74,234
Textainer Group Holdings Ltd		1,759		47,036
Titan Machinery, Inc.*		2,374		38,696
United Rentals, Inc.*		11,068		164,249
Watsco, Inc.		4,993		278,010

				1,595,893

Total Industrials				28,530,167

Information Technology (13.4%)
*Communications Equipment* (*2.2%*)
Acme Packet, Inc.*		8,000		303,520
ADC Telecommunications, Inc.*		17,720		224,512
ADTRAN, Inc.		11,229		396,384
Anaren, Inc.*		2,675		44,913
Arris Group, Inc.*		23,153		226,205

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Aruba Networks, Inc.*		13,369	$	285,294
Aviat Networks, Inc.*		10,852		44,385
Bel Fuse, Inc., Class B		1,891		39,371
BigBand Networks, Inc.*		9,032		25,651
Black Box Corp.		3,191		102,303
Blue Coat Systems, Inc.*		7,600		182,856
Calix, Inc.*		1,352		19,415
Comtech Telecommunications Corp.*		5,185		141,810
DG FastChannel, Inc.*		4,583		99,680
Digi International, Inc.*		4,512		42,819
EMS Technologies, Inc.*		2,774		51,680
Emulex Corp.*		14,856		155,097
Extreme Networks, Inc.*		13,024		40,505
Finisar Corp.*		13,773		258,795
Globecomm Systems, Inc.*		3,974		33,262
Harmonic, Inc.*		17,686		121,680
Hughes Communications, Inc.*		1,616		44,036
Infinera Corp.*		16,087		187,735
InterDigital, Inc.*		8,026		237,650
Ixia*		5,966		73,978
KVH Industries, Inc.*		2,676		40,167
Loral Space & Communications, Inc.*		1,983		103,513
Meru Networks, Inc.*		1,138		19,619
NETGEAR, Inc.*		6,425		173,539
Network Engines, Inc.*		6,726		9,820
Network Equipment Technologies, Inc.*		5,308		18,313
Occam Networks, Inc.*		2,511		19,661
Oclaro, Inc.*		9,042		144,762
Oplink Communications, Inc.*		3,821		75,809
Opnext, Inc.*		8,244		12,943
PC-Tel, Inc.*		3,511		21,557
Plantronics, Inc.		8,841		298,649
Powerwave Technologies, Inc.*		24,330		44,281
Riverbed Technology, Inc.*		11,511		524,671
SeaChange International, Inc.*		5,105		37,828
ShoreTel, Inc.*		8,186		40,602
Sonus Networks, Inc.*		37,724		133,166
Sycamore Networks, Inc.		3,472		112,527
Symmetricom, Inc.*		7,998		45,748
Tekelec*		12,500		162,000
UTStarcom, Inc.*		21,392		46,421
ViaSat, Inc.*		6,044		248,469

				5,717,601

*Computers & Peripherals* (*0.6%*)
Avid Technology, Inc.*		5,261		68,972
Compellent Technologies, Inc.*		4,238		77,047
Cray, Inc.*		6,495		42,867
Electronics for Imaging, Inc.*		8,255		100,051
Hutchinson Technology, Inc.*		3,958		13,734
Hypercom Corp.*		8,747		56,855
Imation Corp.*		5,359		49,999
Immersion Corp.*		4,761		28,138
Intermec, Inc.*		8,910		109,237
Intevac, Inc.*		4,056		40,601
Isilon Systems, Inc.*		4,877		108,660
Netezza Corp.*		9,300		250,635
Novatel Wireless, Inc.*		5,706		44,963
Presstek, Inc.*		5,485		12,012
Quantum Corp.*		39,267		83,246
Rimage Corp.*		1,832		30,118
Silicon Graphics International Corp.*		5,574		43,254
STEC, Inc.*		7,462		92,902
Stratasys, Inc.*		3,738		103,617
Super Micro Computer, Inc.*		4,454		46,277
Synaptics, Inc.*		6,193	$	174,271
Xyratex Ltd.*		5,511		81,783

				1,659,239

*Electronic Equipment, Instruments & Components* (*1.8%*)
Agilysys, Inc.*		3,477		22,600
Anixter International, Inc.*		5,124		276,645
Benchmark Electronics, Inc.*		11,499		188,584
Brightpoint, Inc.*		12,840		89,752
Checkpoint Systems, Inc.*		7,206		146,642
Cogent, Inc.*		9,569		101,814
Cognex Corp.		7,268		194,928
Coherent, Inc.*		4,608		184,366
Comverge, Inc.*		4,593		36,101
CPI International, Inc.*		1,366		19,124
CTS Corp.		6,235		59,981
Daktronics, Inc.		6,234		61,218
DDi Corp.		2,146		19,829
DTS, Inc.*		3,172		121,075
Echelon Corp.*		6,151		52,591
Electro Rent Corp.		3,010		39,973
Electro Scientific Industries, Inc.*		5,052		56,128
FARO Technologies, Inc.*		2,942		64,165
Gerber Scientific, Inc.*		5,009		30,905
ICx Technologies, Inc.*		1,969		14,866
Insight Enterprises, Inc.*		8,420		131,689
IPG Photonics Corp.*		4,735		114,303
Keithley Instruments, Inc.		2,072		44,569
L-1 Identity Solutions, Inc.*		14,023		164,490
Littelfuse, Inc.*		4,001		174,844
Maxwell Technologies, Inc.*		4,826		70,508
Measurement Specialties, Inc.*		2,667		49,286
Mercury Computer Systems, Inc.*		4,332		52,114
Methode Electronics, Inc.		6,816		61,889
Microvision, Inc.*		16,298		35,693
MTS Systems Corp.		2,988		92,628
Multi-Fineline Electronix, Inc.*		1,902		41,825
Newport Corp.*		6,700		75,978
OSI Systems, Inc.*		2,956		107,362
Park Electrochemical Corp.		3,771		99,328
PC Connection, Inc.*		1,802		12,308
Plexus Corp.*		7,372		216,368
Power-One, Inc.*		12,724		115,661
RadiSys Corp.*		4,364		41,109
Richardson Electronics Ltd.		2,687		28,213
Rofin-Sinar Technologies, Inc.*		5,214		132,331
Rogers Corp.*		2,879		90,631
Sanmina-SCI Corp.*		14,532		175,546
Scansource, Inc.*		4,885		135,510
SMART Modular Technologies (WWH), Inc.*		9,683		58,388
Spectrum Control, Inc.*		2,323		34,195
SYNNEX Corp.*		4,068		114,473
Technitrol, Inc.		7,185		31,686
Tessco Technologies, Inc.		1,071		16,140
TTM Technologies, Inc.*		14,623		143,159
Universal Display Corp.*		5,504		129,344
Viasystems Group, Inc.*		936		14,227
X-Rite, Inc.*		5,729		21,713
Zygo Corp.*		3,528		34,574

				4,643,369

*Internet Software & Services* (*1.5%*)
Ancestry.com, Inc.*		3,466		78,886
Archipelago Learning, Inc.*		2,025		24,239
Art Technology Group, Inc.*		28,743		118,709

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
comScore, Inc.*		4,140	$	97,373
Constant Contact, Inc.*		5,198		111,393
DealerTrack Holdings, Inc.*		7,355		125,623
Dice Holdings, Inc.*		2,843		24,109
Digital River, Inc.*		7,255		246,960
DivX, Inc.*		6,025		57,418
EarthLink, Inc.		19,685		178,937
GSI Commerce, Inc.*		11,347		280,271
InfoSpace, Inc.*		6,597		57,130
Internap Network Services Corp.*		9,485		46,571
Internet Brands, Inc., Class A*		5,262		69,879
Internet Capital Group, Inc.*		6,684		73,725
j2 Global Communications, Inc.*		8,257		196,434
Keynote Systems, Inc.		2,270		26,377
KIT Digital, Inc.*		3,855		46,221
Knot, Inc.*		5,478		50,014
Limelight Networks, Inc.*		7,500		44,100
Liquidity Services, Inc.*		2,607		41,738
LivePerson, Inc.*		8,164		68,578
Local.com Corp.*		2,988		13,207
LogMeIn, Inc.*		2,752		99,017
LoopNet, Inc.*		3,550		42,032
Marchex, Inc., Class B		3,603		19,636
ModusLink Global Solutions, Inc.*		8,086		51,346
Move, Inc.*		28,620		63,823
NIC, Inc.		10,344		85,752
OpenTable, Inc.*		2,884		196,343
Openwave Systems, Inc.*		15,496		26,343
Perficient, Inc.*		4,260		38,936
QuinStreet, Inc.*		1,992		29,940
Rackspace Hosting, Inc.*		17,726		460,521
RealNetworks, Inc.*		15,311		49,914
Saba Software, Inc.*		5,550		30,192
SAVVIS, Inc.*		6,853		144,461
SPS Commerce, Inc.*		785		10,064
Stamps.com, Inc.*		1,934		25,142
support.com, Inc.*		8,583		39,310
TechTarget, Inc.*		2,847		14,947
Terremark Worldwide, Inc.*		10,652		110,142
Travelzoo, Inc.*		981		25,271
United Online, Inc.		15,853		90,679
ValueClick, Inc.*		14,897		194,853
Vocus, Inc.*		3,125		57,750
Zix Corp.*		10,314		29,292

				4,013,598

*IT Services (1.4%*)
Acxiom Corp.*		12,519		198,551
CACI International, Inc., Class A*		5,522		249,926
Cass Information Systems, Inc.		1,551		53,215
CIBER, Inc.*		12,122		36,487
Computer Task Group, Inc.*		2,708		20,689
CSG Systems International, Inc.*		6,245		113,846
Diamond Management & Technology Consultants, Inc.		4,302		53,775
Echo Global Logistics, Inc.*		1,715		21,901
Euronet Worldwide, Inc.*		8,969		161,352
ExlService Holdings, Inc.*		2,775		53,974
Forrester Research, Inc.*		2,666		88,191
Global Cash Access Holdings, Inc.*		9,303		37,956
Hackett Group, Inc.*		5,276		21,790
Heartland Payment Systems, Inc.		6,919		105,307
iGATE Corp.		4,372		79,308
Integral Systems, Inc.*		3,257		24,037
Lionbridge Technologies, Inc.*		10,954		47,102
ManTech International Corp., Class A*		4,053	$	160,499
MAXIMUS, Inc.		3,211		197,733
MoneyGram International, Inc.*		15,329		37,403
NCI, Inc., Class A*		1,110		21,001
Online Resources Corp.*		4,699		20,864
RightNow Technologies, Inc.*		3,970		78,209
Sapient Corp.		18,840		225,515
SRA International, Inc., Class A*		7,837		154,546
Syntel, Inc.		2,433		108,269
TeleTech Holdings, Inc.*		5,541		82,228
Tier Technologies, Inc.*		2,653		14,698
TNS, Inc.*		4,791		81,207
Unisys Corp.*		7,803		217,704
VeriFone Systems, Inc.*		15,609		484,972
Virtusa Corp.*		2,364		22,907
Wright Express Corp.*		7,109		253,862

				3,529,024

*Semiconductors & Semiconductor Equipment (2.6%*)
Actel Corp.*		3,938		62,811
Advanced Analogic Technologies, Inc.*		8,463		29,705
Advanced Energy Industries, Inc.*		6,671		87,123
Alpha & Omega Semiconductor Ltd.*		1,060		12,042
Amkor Technology, Inc.*		19,274		126,630
ANADIGICS, Inc.*		11,995		73,050
Applied Micro Circuits Corp.*		12,005		120,050
ATMI, Inc.*		5,775		85,817
Axcelis Technologies, Inc.*		19,146		36,952
AXT, Inc.*		5,716		37,840
Brooks Automation, Inc.*		11,919		79,977
Cabot Microelectronics Corp.*		4,321		139,050
Cavium Networks, Inc.*		8,100		232,956
CEVA, Inc.*		3,843		54,955
Cirrus Logic, Inc.*		11,995		213,991
Cohu, Inc.		4,328		54,490
Conexant Systems, Inc.*		15,069		24,713
Cymer, Inc.*		5,312		196,969
Diodes, Inc.*		6,206		106,061
DSP Group, Inc.*		4,585		32,095
Energy Conversion Devices, Inc.*		8,326		41,797
Entegris, Inc.*		24,113		112,608
Entropic Communications, Inc.*		10,287		98,755
Evergreen Solar, Inc.*		38,610		28,340
Exar Corp.*		6,556		39,270
FEI Co.*		6,916		135,346
FormFactor, Inc.*		9,154		78,724
FSI International, Inc.*		5,991		15,936
GSI Technology, Inc.*		3,580		20,513
GT Solar International, Inc.*		11,460		95,920
Hittite Microwave Corp.*		4,849		231,055
Ikanos Communications, Inc.*		5,607		6,672
Integrated Device Technology, Inc.*		29,780		174,213
Integrated Silicon Solution, Inc.*		4,957		42,680
IXYS Corp.*		4,424		42,249
Kopin Corp.*		12,242		43,459
Kulicke & Soffa Industries, Inc.*		12,896		79,826
Lattice Semiconductor Corp.*		21,291		101,132
LTX-Credence Corp.*		26,919		56,261
Mattson Technology, Inc.*		9,739		26,782
MaxLinear, Inc., Class A*		1,345		15,091
Micrel, Inc.		9,384		92,526
Microsemi Corp.*		14,680		251,762
Microtune, Inc.*		9,388		27,225
Mindspeed Technologies, Inc.*		5,796		45,035

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
MIPS Technologies, Inc.*		8,416	$	81,888
MKS Instruments, Inc.*		9,144		164,409
Monolithic Power Systems, Inc.*		5,922		96,706
MoSys, Inc.*		5,005		24,424
Nanometrics, Inc.*		3,033		45,647
Netlogic Microsystems, Inc.*		11,443		315,598
NVE Corp.*		859		36,963
OmniVision Technologies, Inc.*		9,540		219,802
PDF Solutions, Inc.*		4,218		15,607
Pericom Semiconductor Corp.*		4,662		40,513
Photronics, Inc.*		9,826		51,980
PLX Technology, Inc.*		7,264		26,296
Power Integrations, Inc.		4,513		143,468
RF Micro Devices, Inc.*		49,181		301,971
Rubicon Technology, Inc.*		2,612		59,266
Rudolph Technologies, Inc.*		5,858		48,680
Semtech Corp.*		11,376		229,681
Sigma Designs, Inc.*		5,688		65,355
Silicon Image, Inc.*		14,059		67,202
Spansion, Inc., Class A*		2,454		36,736
Standard Microsystems Corp.*		4,098		93,475
Supertex, Inc.*		1,802		39,860
Tessera Technologies, Inc.*		9,195		170,108
Trident Microsystems, Inc.*		12,357		21,130
TriQuint Semiconductor, Inc.*		27,567		264,643
Ultra Clean Holdings, Inc.*		4,291		36,988
Ultratech, Inc.*		4,367		74,676
Veeco Instruments, Inc.*		7,423		258,840
Volterra Semiconductor Corp.*		4,545		97,808
Zoran Corp.*		9,382		71,678

				6,911,852

*Software* (*3.3%*)
ACI Worldwide, Inc.*		6,205		138,930
Actuate Corp.*		8,315		42,822
Advent Software, Inc.*		2,881		150,359
American Software, Inc., Class A		3,946		23,281
ArcSight, Inc.*		4,489		195,541
Ariba, Inc.*		16,433		310,584
Aspen Technology, Inc.*		11,356		117,762
Blackbaud, Inc.		8,203		197,200
Blackboard, Inc.*		6,232		224,601
Bottomline Technologies, Inc.*		4,998		76,769
CDC Corp., Class A*		6,012		25,431
CommVault Systems, Inc.*		7,881		205,142
Concur Technologies, Inc.*		7,344		363,087
Convio, Inc.*		1,116		10,290
Deltek, Inc.*		3,697		29,613
DemandTec, Inc.*		3,857		36,294
Digimarc Corp.*		1,258		29,513
Ebix, Inc.*		4,901		114,928
Epicor Software Corp.*		8,940		77,778
EPIQ Systems, Inc.		5,970		73,192
ePlus, Inc.*		751		16,109
Fair Isaac Corp.		7,789		192,077
FalconStor Software, Inc.*		5,367		16,423
Fortinet, Inc.*		7,244		181,100
Guidance Software, Inc.*		2,757		16,101
Interactive Intelligence, Inc.*		2,447		43,067
Jack Henry & Associates, Inc.		15,636		398,718
JDA Software Group, Inc.*		7,618		193,193
Kenexa Corp.*		4,142		72,568
Lawson Software, Inc.*		25,351		214,723
Magma Design Automation, Inc.*		10,113		37,418
Manhattan Associates, Inc.*		4,152		121,861
Mentor Graphics Corp.*		19,499		206,104
MicroStrategy, Inc., Class A*		1,648	$	142,733
Monotype Imaging Holdings, Inc.*		4,078		37,314
NetScout Systems, Inc.*		5,582		114,487
NetSuite, Inc.*		3,342		78,771
Opnet Technologies, Inc.		2,433		44,159
Parametric Technology Corp.*		21,214		414,522
Pegasystems, Inc.		2,959		91,877
Progress Software Corp.*		7,700		254,870
PROS Holdings, Inc.*		3,820		35,450
QAD, Inc.*		2,494		10,375
QLIK Technologies, Inc.*		2,428		53,537
Quest Software, Inc.*		10,957		269,433
Radiant Systems, Inc.*		5,289		90,442
RealD, Inc.*		2,628		48,592
RealPage, Inc.*		2,568		48,997
Renaissance Learning, Inc.		2,449		24,955
Rosetta Stone, Inc.*		1,915		40,675
S1 Corp.*		9,443		49,198
Smith Micro Software, Inc.*		5,580		55,465
SolarWinds, Inc.*		6,384		110,188
Sonic Solutions, Inc.*		4,720		53,714
Sourcefire, Inc.*		5,018		144,719
SRS Labs, Inc.*		2,256		21,071
SS&C Technologies Holdings, Inc.*		2,367		37,399
SuccessFactors, Inc.*		11,481		288,288
Synchronoss Technologies, Inc.*		3,718		66,218
Take-Two Interactive Software, Inc.*		12,891		130,715
Taleo Corp., Class A*		7,257		210,380
TeleCommunication Systems, Inc., Class A*		8,323		32,543
TeleNav, Inc.*		1,744		9,226
THQ, Inc.*		6,672		26,821
TIBCO Software, Inc.*		30,376		538,870
TiVo, Inc.*		21,169		191,791
Tyler Technologies, Inc.*		5,652		113,944
Ultimate Software Group, Inc.*		4,548		175,735
Unica Corp.*		3,062		64,241
VASCO Data Security International, Inc.*		5,061		32,897
VirnetX Holding Corp.		5,983		87,830
Wave Systems Corp., Class A*		14,683		32,890
Websense, Inc.*		7,896		140,075

				8,567,986

Total Information Technology				35,042,669

Materials (3.8%)
*Chemicals* (*1.7%*)
A. Schulman, Inc.		5,739		115,641
American Vanguard Corp.		3,771		23,305
Arch Chemicals, Inc.		4,130		144,922
Balchem Corp.		5,121		158,034
Calgon Carbon Corp.*		10,284		149,118
Ferro Corp.*		15,791		203,546
Georgia Gulf Corp.*		6,190		101,145
H.B. Fuller Co.		8,712		173,107
Hawkins, Inc.		1,575		55,786
Innophos Holdings, Inc.		3,917		129,653
KMG Chemicals, Inc.		1,210		17,049
Koppers Holdings, Inc.		3,753		100,843
Kraton Performance Polymers, Inc.*		2,126		57,721
Landec Corp.*		5,044		31,323
LSB Industries, Inc.*		3,134		58,198
Minerals Technologies, Inc.		3,425		201,801
NewMarket Corp.		1,850		210,308
NL Industries, Inc.		1,350		12,258

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Olin Corp.		14,132	$	284,901
OM Group, Inc.*		5,641		169,907
Omnova Solutions, Inc.*		8,182		58,829
PolyOne Corp.*		16,566		200,283
Quaker Chemical Corp.		2,044		66,553
Rockwood Holdings, Inc.*		9,371		294,905
Senomyx, Inc.*		7,673		30,538
Sensient Technologies Corp.		9,083		276,941
Solutia, Inc.*		21,880		350,518
Spartech Corp.*		5,681		46,641
Stepan Co.		1,429		84,468
STR Holdings, Inc.*		5,182		111,620
TPC Group, Inc.*		1,426		33,967
W.R. Grace & Co.*		13,115		366,433
Westlake Chemical Corp.		3,329		99,637
Zep, Inc.		3,980		69,411
Zoltek Cos., Inc.*		5,055		49,135

				4,538,445

*Construction Materials* (*0.1%*)
Headwaters, Inc.*		11,032		39,715
Texas Industries, Inc.		3,815		120,249
United States Lime & Minerals, Inc.*		429		16,585

				176,549

*Containers & Packaging* (*0.3%*)
AEP Industries, Inc.*		730		17,242
Boise, Inc.*		12,834		83,293
Graham Packaging Co., Inc.*		3,141		37,127
Graphic Packaging Holding Co.*		20,429		68,233
Myers Industries, Inc.		6,463		55,517
Rock-Tenn Co., Class A		7,012		349,268
Silgan Holdings, Inc.		9,701		307,522

				918,202

*Metals & Mining* (*1.3%*)
A.M. Castle & Co.*		3,052		40,439
Allied Nevada Gold Corp.*		13,633		361,275
AMCOL International Corp.		4,357		114,110
Brush Engineered Materials, Inc.*		3,709		105,484
Capital Gold Corp.*		8,733		42,180
Century Aluminum Co.*		11,670		153,694
Coeur d’Alene Mines Corp.*		16,088		320,473
General Moly, Inc.*		11,761		43,045
Globe Specialty Metals, Inc.*		11,205		157,318
Golden Star Resources Ltd.*		47,157		232,956
Haynes International, Inc.		2,209		77,138
Hecla Mining Co.*		44,318		280,090
Horsehead Holding Corp.*		7,926		78,230
Jaguar Mining, Inc.*		15,347		99,756
Kaiser Aluminum Corp.		2,774		118,699
Metals USA Holdings Corp.*		2,289		29,711
Molycorp, Inc.*		4,651		131,577
Noranda Aluminum Holding Corp.*		2,286		18,791
Olympic Steel, Inc.		1,659		38,140
RTI International Metals, Inc.*		5,502		168,471
Stillwater Mining Co.*		8,162		137,448
Thompson Creek Metals Co., Inc.*		25,574		275,688
U.S. Energy Corp. Wyoming*		4,865		22,087
U.S. Gold Corp.*		16,259		80,807
Universal Stainless & Alloy Products, Inc.*		1,175		28,858
Worthington Industries, Inc.		11,058		166,202

				3,322,667

*Paper & Forest Products* (*0.4%*)
Buckeye Technologies, Inc.		7,183		105,662
Clearwater Paper Corp.*		2,096		159,464
Deltic Timber Corp.		1,964	$	87,987
KapStone Paper and Packaging Corp.*		6,961		84,506
Louisiana-Pacific Corp.*		23,202		175,639
Neenah Paper, Inc.		2,693		40,934
P.H. Glatfelter Co.		8,323		101,208
Schweitzer-Mauduit International, Inc.		3,362		196,038
Verso Paper Corp.*		3,075		8,856
Wausau Paper Corp.*		8,970		74,361

				1,034,655

Total Materials				9,990,518

Telecommunication Services (0.7%)
*Diversified Telecommunication Services* (*0.5%*)
AboveNet, Inc.*		4,117		214,454
Alaska Communications Systems Group, Inc.		8,026		81,464
Atlantic Tele-Network, Inc.		1,709		84,151
Cbeyond, Inc.*		4,911		63,008
Cincinnati Bell, Inc.*		37,012		98,822
Cogent Communications Group, Inc.*		8,204		77,692
Consolidated Communications Holdings, Inc.		4,476		83,567
General Communication, Inc., Class A*		8,695		86,689
Global Crossing Ltd.*		5,512		70,884
Globalstar, Inc.*		12,844		22,349
IDT Corp., Class B*		2,719		48,371
Iridium Communications, Inc.*		6,211		53,042
Neutral Tandem, Inc.*		6,049		72,286
PAETEC Holding Corp.*		23,018		94,604
Premiere Global Services, Inc.*		10,984		77,767
Vonage Holdings Corp.*		19,413		49,503

				1,278,653

*Wireless Telecommunication Services* (*0.2%*)
FiberTower Corp.*		8,403		35,629
ICO Global Communications Holdings Ltd.*		17,603		28,869
NTELOS Holdings Corp.		5,321		90,031
Shenandoah Telecommunications Co.		4,362		79,257
Syniverse Holdings, Inc.*		12,737		288,748
USA Mobility, Inc.		4,020		64,441

				586,975

Total Telecommunication Services				1,865,628

Utilities (2.3%)
*Electric Utilities* (*0.9%*)
Allete, Inc.		5,663		206,303
Central Vermont Public Service Corp.		2,216		44,697
Cleco Corp.		11,139		329,937
El Paso Electric Co.*		8,040		191,191
Empire District Electric Co.		7,218		145,443
IDACORP, Inc.		8,823		316,922
MGE Energy, Inc.		4,203		166,397
PNM Resources, Inc.		15,855		180,588
Portland General Electric Co.		13,703		277,897
UIL Holdings Corp.		9,153		257,749
UniSource Energy Corp.		6,619		221,273
Unitil Corp.		1,958		42,978

				2,381,375

*Gas Utilities* (*0.9%*)
Chesapeake Utilities Corp.		1,696		61,429
Laclede Group, Inc.		4,006		137,887
New Jersey Resources Corp.		7,547		295,993
Nicor, Inc.		8,278		379,298
Northwest Natural Gas Co.		4,853		230,275

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Piedmont Natural Gas Co., Inc.		12,945	$	375,405
South Jersey Industries, Inc.		5,481		271,145
Southwest Gas Corp.		8,155		273,926
WGL Holdings, Inc.		9,237		348,974

				2,374,332

*Independent Power Producers & Energy Traders* (*0.0%*)
American DG Energy, Inc.*		4,323		12,883
Dynegy, Inc.*		18,814		91,624

				104,507

*Multi-Utilities* (*0.3%*)
Avista Corp.		10,061		210,074
Black Hills Corp.		7,157		223,298
CH Energy Group, Inc.		2,851		125,900
NorthWestern Corp.		6,615		188,528

				747,800

*Water Utilities* (*0.2%*)
American States Water Co.		3,410		122,010
Artesian Resources Corp., Class A		1,044		19,909
Cadiz, Inc.*		2,081		21,351
California Water Service Group		3,600		133,020
Connecticut Water Service, Inc.		1,558		37,314
Consolidated Water Co., Ltd.		2,729		25,871
Middlesex Water Co.		2,460		41,426
SJW Corp.		2,382		58,669
York Water Co.		2,342		37,542

				497,112

Total Utilities				6,105,126

Total Common Stocks (71.0%) (Cost $178,341,836)				186,120,921

INVESTMENT COMPANIES:
*Investment Companies(0.0%)*
Kayne Anderson Energy Development Co.		1,701		27,301
THL Credit, Inc.		1,492		17,576

Total Investment Companies (0.0%) (Cost $42,777)				44,877


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Short-Term Investment (26.6%)
BlackRock Liquidity Funds TempFund
0.23% ‡
(Amortized Cost $69,743,314)	$	69,743,314		69,743,314

Total Investments (97.6%) (Cost $248,127,927)				255,909,112
Other Assets Less Liabilities (2.4%)				6,223,160

Net Assets (100%)			$	262,132,272

*	Non-income producing.

‡	Affiliated company as defined under the Investment Company Act of 1940.

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	16,591,734	$	231,940,707	$	178,789,127	$	69,743,314	$	65,044	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchase
Russell 2000 Mini Index		1,120		December-10	$	70,841,962	$	75,544,000	$	4,702,038

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	25,745,772	$	—	$	—	$	25,745,772
Consumer Staples		5,647,010		—		—		5,647,010
Energy		10,321,756		—		—		10,321,756
Financials		38,766,616		—		—		38,766,616
Health Care		24,105,659		—		—		24,105,659
Industrials		28,497,483		32,684		—		28,530,167
Information Technology		35,042,669		—		—		35,042,669
Materials		9,990,518		—		—		9,990,518
Telecommunication Services		1,865,628		—		—		1,865,628
Utilities		6,105,126		—		—		6,105,126
Futures		4,702,038		—		—		4,702,038
Investment Companies
Investment Companies		44,877		—		—		44,877
Short-Term Investments		—		69,743,314		—		69,743,314

Total Assets	$	190,835,152	$	69,775,998	$	—	$	260,611,150

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	190,835,152	$	69,775,998	$	—	$	260,611,150

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER 2000 PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	162,485,609
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	19,713,533

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	15,878,197
Aggregate gross unrealized depreciation		(8,118,689	)

Net unrealized appreciation	$	7,759,508

Federal income tax cost of investments	$	248,149,604

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER INTERNATIONAL PORTFOLIO-I

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Australia (5.0%)
AGL Energy Ltd.		5,941	$	92,853
Alumina Ltd.		34,499		60,354
Amcor Ltd.		16,486		103,734
AMP Ltd.		27,542		136,032
Aristocrat Leisure Ltd.		4,474		15,265
Asciano Group*		38,909		62,052
ASX Ltd.		2,294		72,216
Australia & New Zealand Banking Group Ltd.		34,509		789,839
AXA Asia Pacific Holdings Ltd.		13,555		67,342
Bendigo and Adelaide Bank Ltd.		5,277		46,669
BHP Billiton Ltd.		45,415		1,707,988
Billabong International Ltd.		2,255		17,371
BlueScope Steel Ltd.		25,174		53,530
Boral Ltd.		10,565		47,076
Brambles Ltd.		18,713		113,406
Caltex Australia Ltd.		1,514		17,546
CFS Retail Property Trust (REIT)		25,299		46,338
Coca-Cola Amatil Ltd.		7,519		87,065
Cochlear Ltd.		778		52,826
Commonwealth Bank of Australia		20,944		1,035,856
Computershare Ltd.		6,039		56,911
Crown Ltd.		6,438		52,208
CSL Ltd.		7,781		248,560
CSR Ltd.		23,361		40,643
Dexus Property Group (REIT)		66,119		54,641
Energy Resources of Australia Ltd.		838		10,773
Fairfax Media Ltd.		31,279		44,291
Fortescue Metals Group Ltd.*		16,472		82,948
Foster’s Group Ltd.		26,023		154,185
Goodman Fielder Ltd.		15,400		19,425
Goodman Group (REIT)		86,455		53,898
GPT Group (REIT)		23,277		66,145
Harvey Norman Holdings Ltd.		7,183		26,174
Incitec Pivot Ltd.		21,660		75,158
Insurance Australia Group Ltd.		27,916		98,215
Intoll Group		32,893		47,371
Leighton Holdings Ltd.		1,877		59,978
Lend Lease Group		7,482		55,033
MacArthur Coal Ltd.		1,425		16,156
Macquarie Group Ltd.		4,518		158,386
MAp Group		4,205		11,868
Metcash Ltd.		11,080		46,800
Mirvac Group (REIT)		41,617		53,499
National Australia Bank Ltd.		28,698		702,882
Newcrest Mining Ltd.		10,338		396,390
OneSteel Ltd.		18,624		52,743
Orica Ltd.		4,821		119,802
Origin Energy Ltd.		11,809		180,912
OZ Minerals Ltd.		44,145		62,082
Paladin Energy Ltd.*		10,766		37,357
Qantas Airways Ltd.*		17,036		45,941
QBE Insurance Group Ltd.		13,822		230,588
Rio Tinto Ltd.		5,879		436,234
Santos Ltd.		11,207		138,760
Sims Metal Management Ltd.		2,484		42,352
Sonic Healthcare Ltd.		5,194		55,223
SP AusNet		15,250		12,676
Stockland Corp., Ltd. (REIT)		31,580		117,211
Suncorp-Metway Ltd.		17,076		148,543
TABCORP Holdings Ltd.		8,407		56,881
Tatts Group Ltd.		18,970		43,822
Telstra Corp., Ltd.		58,700	$	148,650
Toll Holdings Ltd.		9,295		59,295
Transurban Group		16,792		80,665
Wesfarmers Ltd.		13,569		431,356
Wesfarmers Ltd. (PPS)		2,078		66,461
Westfield Group (REIT)		29,481		349,347
Westpac Banking Corp.		40,530		910,410
Woodside Petroleum Ltd.		7,337		311,178
Woolworths Ltd.		16,694		465,350
WorleyParsons Ltd.		2,669		57,399

				11,919,134

Austria (0.2%)
Erste Group Bank AG		2,565		102,699
Immofinaz AG*		14,246		53,097
OMV AG		1,968		73,672
Raiffeisen International Bank Holding AG		845		39,397
Telekom Austria AG		4,531		68,193
Verbund AG, Class A		1,131		40,550
Vienna Insurance Group AG		429		23,060
Voestalpine AG		1,544		56,873

				457,541

Belgium (0.6%)
Ageas		29,457		84,330
Anheuser-Busch InBev N.V.		9,763		574,301
Belgacom S.A.		2,041		79,590
Cie Nationale a Portefeuille		308		16,060
Colruyt S.A.		207		54,717
Delhaize Group S.A.		1,337		96,966
Dexia S.A.*		8,604		37,909
Groupe Bruxelles Lambert S.A.		1,064		88,654
KBC Groep N.V.*		2,194		98,418
Mobistar S.A.		365		22,352
Solvay S.A.		774		82,566
UCB S.A.		1,432		49,615
Umicore S.A.		1,568		67,783

				1,353,261

Bermuda (0.1%)
Seadrill Ltd.		3,800		109,778

China (0.0%)
Foxconn International Holdings Ltd.*		29,404		21,602
Yangzijiang Shipbuilding Holdings Ltd.		16,327		21,850

				43,452

Cyprus (0.0%)
Bank of Cyprus Public Co., Ltd.		8,339		42,062

Denmark (0.6%)
A. P. Moller - Maersk A/S, Class A		8		65,047
A. P. Moller - Maersk A/S, Class B		18		150,472
Carlsberg A/S, Class B		1,431		149,204
Coloplast A/S, Class B		348		41,600
Danske Bank A/S*		6,143		148,215
DSV A/S		2,912		59,446
Novo Nordisk A/S, Class B		5,877		583,206
Novozymes A/S, Class B		611		77,733
Tryg A/S		286		17,196
Vestas Wind Systems A/S*		2,723		102,608
William Demant Holding A/S*		395		29,148

				1,423,875

Finland (0.7%)
Elisa Oyj*		1,991		45,735
Fortum Oyj		5,974		156,284

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER INTERNATIONAL PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Kesko Oyj, Class B		1,027	$	48,190
Kone Oyj, Class B		2,042		105,504
Metso Oyj		1,690		77,457
Neste Oil Oyj		2,078		32,464
Nokia Oyj		50,566		508,044
Nokian Renkaat Oyj		1,565		53,743
Orion Oyj, Class B		1,005		20,071
Outokumpu Oyj		1,987		39,467
Pohjola Bank plc		1,868		22,728
Rautaruukki Oyj		942		19,468
Sampo Oyj, Class A		5,621		151,801
Sanoma Oyj		899		19,021
Stora Enso Oyj, Class R		7,699		76,094
UPM-Kymmene Oyj		7,016		120,227
Wartsila Oyj		1,071		69,892

				1,566,190

France (5.6%)
Accor S.A.		1,933		70,583
Aeroports de Paris S.A.		478		38,994
Air France-KLM*		1,827		28,020
Air Liquide S.A.		3,808		464,565
Alcatel-Lucent*		31,451		105,903
Alstom S.A.		2,769		141,254
Atos Origin S.A.*		747		33,768
AXA S.A.		23,197		405,569
bioMerieux S.A.		133		13,782
BNP Paribas S.A.		12,909		918,098
Bouygues S.A.		3,071		131,813
Bureau Veritas S.A.		707		49,367
Cap Gemini S.A.		1,957		98,178
Carrefour S.A.		8,109		435,717
Casino Guichard Perrachon S.A.		727		66,561
Christian Dior S.A.		853		111,494
Cie de Saint-Gobain S.A.		5,207		231,622
Cie Generale de Geophysique-Veritas*		2,098		46,048
Cie Generale des Etablissements Michelin, Class B		1,998		152,014
Cie Generale d’Optique Essilor International S.A.		2,741		188,590
CNP Assurances S.A.		2,180		40,492
Credit Agricole S.A.		5,076		79,336
Danone S.A.		7,863		470,306
Dassault Systemes S.A.		802		58,996
Edenred*		2,172		43,023
EDF S.A.		3,497		150,837
Eiffage S.A.		656		31,193
Eramet S.A.		59		17,434
Eurazeo S.A.		480		32,211
Eutelsat Communications S.A.		1,374		52,447
Fonciere des Regions (REIT)		383		40,814
France Telecom S.A.		25,077		541,852
GDF Suez S.A.		16,816		601,995
Gecina S.A. (REIT)		310		36,767
Groupe Eurotunnel S.A. (Registered)		6,681		56,806
Hermes International S.A.		711		162,353
ICADE (REIT)		373		39,184
Iliad S.A.		182		18,963
Imerys S.A.		596		35,701
Ipsen S.A.		330		10,939
J.C. Decaux S.A.*		1,141		30,122
Klepierre S.A. (REIT)		1,329		51,255
Lafarge S.A.		2,688		153,905
Lagardere S.C.A.		1,597		62,385
Legrand S.A.		1,778		60,136
L’Oreal S.A.		3,240		364,308
LVMH Moet Hennessy Louis Vuitton S.A.		3,312	$	485,823
Metropole Television S.A.		722		16,979
Natixis S.A.*		12,007		68,748
Neopost S.A.		480		35,721
PagesJaunes Groupe S.A.		2,308		24,167
Pernod-Ricard S.A.		2,675		223,360
Peugeot S.A.*		2,015		67,753
PPR S.A.		1,020		165,124
Publicis Groupe S.A.		1,699		80,695
Renault S.A.*		2,574		132,447
Safran S.A.		2,234		62,798
Sanofi-Aventis S.A.		14,180		944,797
Schneider Electric S.A.		3,250		412,087
SCOR SE		2,333		55,753
Societe BIC S.A.		432		34,682
Societe Generale S.A.		8,543		492,054
Societe Television Francaise 1 S.A.		1,587		24,707
Sodexo S.A.		1,265		82,087
Suez Environnement Co. S.A.		3,617		66,813
Technip S.A.		1,296		104,222
Thales S.A.		1,294		47,294
Total S.A.		28,603		1,474,132
Unibail-Rodamco S.A. (REIT)		1,228		272,288
Vallourec S.A.		1,463		145,334
Veolia Environnement		4,656		122,630
Vinci S.A.		5,852		293,341
Vivendi S.A.		16,629		454,523

				13,366,059

Germany (4.6%)
Adidas AG		2,818		174,449
Allianz SE (Registered)		6,169		697,180
BASF SE		12,477		786,764
Bayer AG		11,180		779,584
Bayerische Motoren Werke (BMW) AG		4,452		312,199
Bayerische Motoren Werke (BMW) AG (Preference)		849		39,600
Beiersdorf AG		1,344		82,266
Celesio AG		852		18,537
Commerzbank AG*		9,522		78,924
Continental AG*		719		55,880
Daimler AG (Registered)*		12,183		771,630
Deutsche Bank AG (Registered)		8,385		458,892
Deutsche Boerse AG		2,622		174,951
Deutsche Lufthansa AG (Registered)*		3,187		58,588
Deutsche Post AG (Registered)		11,408		206,919
Deutsche Postbank AG*		1,310		44,584
Deutsche Telekom AG (Registered)		38,293		523,856
E.ON AG		24,497		722,345
Fraport AG		497		30,225
Fresenius Medical Care AG & Co. KGaA		2,607		161,014
Fresenius SE		382		30,579
Fresenius SE (Preference)		1,063		85,847
GEA Group AG		2,273		56,814
Hannover Rueckversicherung AG (Registered)		883		40,614
HeidelbergCement AG		1,854		89,346
Henkel AG & Co. KGaA		1,729		78,290
Henkel AG & Co. KGaA (Preference) .		2,378		127,727
Hochtief AG		670		58,018
Infineon Technologies AG*		14,482		100,312
K+S AG		1,926		115,304
Linde AG		2,266		294,950
MAN SE		1,419		154,679

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER INTERNATIONAL PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Merck KGaA		861	$	72,327
Metro AG		1,771		115,284
Muenchener Rueckversicherungs-Gesellschaft AG (Registered)		2,549		353,052
Porsche Automobil Holding SE (Preference)		1,190		58,929
Puma AG Rudolf Dassler Sport		59		19,464
RWE AG		5,652		381,787
RWE AG (Preference)		594		37,861
Salzgitter AG		624		40,419
SAP AG		11,583		572,959
Siemens AG (Registered)		11,127		1,174,527
Suedzucker AG		743		16,617
ThyssenKrupp AG		4,503		146,838
TUI AG*		1,552		18,989
United Internet AG (Registered)		1,623		26,241
Volkswagen AG		436		48,043
Volkswagen AG (Preference)		2,285		275,773
Wacker Chemie AG		236		43,546

				10,813,523

Greece (0.1%)
Alpha Bank AE*		7,241		45,408
Coca Cola Hellenic Bottling Co. S.A.		2,460		64,925
EFG Eurobank Ergasias S.A.*		5,137		30,953
Hellenic Telecommunications Organization S.A.		2,731		19,658
National Bank of Greece S.A.*		8,160		79,760
OPAP S.A.		3,185		50,367
Piraeus Bank S.A.*		5,548		27,455
Public Power Corp. S.A.		1,294		20,163

				338,689

Hong Kong (1.6%)
ASM Pacific Technology Ltd.		2,700		24,081
Bank of East Asia Ltd.		20,200		85,524
BOC Hong Kong Holdings Ltd.		50,000		158,529
Cathay Pacific Airways Ltd.		18,000		48,835
Cheung Kong Holdings Ltd.		19,000		287,981
Cheung Kong Infrastructure Holdings Ltd.		6,000		23,818
CLP Holdings Ltd.		26,000		207,595
Esprit Holdings Ltd.		15,381		83,458
Hang Lung Group Ltd.		11,000		71,808
Hang Lung Properties Ltd.		28,000		136,773
Hang Seng Bank Ltd.		10,400		152,940
Henderson Land Development Co., Ltd.		14,000		99,693
Hong Kong & China Gas Co., Ltd.		58,200		147,322
Hong Kong Exchanges and Clearing Ltd.		14,000		275,711
Hongkong Electric Holdings Ltd.		18,500		112,423
Hopewell Holdings Ltd.		6,500		21,028
Hutchison Whampoa Ltd.		29,000		270,607
Hysan Development Co., Ltd.		10,000		35,830
Kerry Properties Ltd.		10,000		54,390
Li & Fung Ltd.		30,000		168,775
Lifestyle International Holdings Ltd.		6,664		16,456
Link REIT (REIT)		29,000		85,966
Mongolia Energy Co., Ltd.*		34,648		14,379
MTR Corp.		19,000		71,873
New World Development Ltd.		34,000		68,536
Noble Group Ltd.		40,454		58,139
NWS Holdings Ltd.		11,000		21,578
Orient Overseas International Ltd.		2,500		19,945
PCCW Ltd.		42,000		15,211
Shangri-La Asia Ltd.		20,000		45,522
Sino Land Co., Ltd.		24,000	$	49,677
Sun Hung Kai Properties Ltd.		19,000		328,141
Swire Pacific Ltd., Class A		10,500		144,667
Television Broadcasts Ltd.		3,000		17,129
Wharf Holdings Ltd.		18,000		115,765
Wheelock & Co., Ltd.		13,000		43,479
Wing Hang Bank Ltd.		3,000		35,978
Yue Yuen Industrial Holdings Ltd.		11,000		40,760

				3,660,322

Ireland (0.3%)
Bank of Ireland*		48,384		40,895
CRH plc		9,562		156,946
Elan Corp. plc*		7,517		42,281
Experian plc		13,842		150,689
James Hardie Industries SE (CDI)*		6,658		36,038
Kerry Group plc, Class A		1,923		67,465
Shire plc		7,619		171,631

				665,945

Israel (0.5%)
Bank Hapoalim B.M.*		13,530		61,922
Bank Leumi Le-Israel B.M.*		15,911		73,911
Bezeq Israeli Telecommunication Corp., Ltd.		23,464		58,493
Cellcom Israel Ltd.		553		16,883
Delek Group Ltd.		45		12,355
Discount Investment Corp.		301		6,009
Elbit Systems Ltd.		260		13,855
Israel Chemicals Ltd.		5,869		82,789
Israel Corp., Ltd.*		31		29,618
Israel Discount Bank Ltd., Class A*		6,817		13,522
Makhteshim-Agan Industries Ltd.*		3,105		11,508
Mizrahi Tefahot Bank Ltd.		1,550		14,362
NICE Systems Ltd.*		845		26,029
Ormat Industries		756		6,247
Partner Communications Co., Ltd.		949		17,587
Teva Pharmaceutical Industries Ltd.		12,622		685,436

				1,130,526

Italy (1.6%)
A2A S.p.A.		12,228		18,754
Assicurazioni Generali S.p.A.		15,761		317,351
Atlantia S.p.A.		3,181		65,915
Autogrill S.p.A.*		1,548		19,415
Banca Carige S.p.A.		7,649		17,810
Banca Monte dei Paschi di Siena S.p.A.*		32,938		45,621
Banca Popolare di Milano S.c.a.r.l.		6,490		30,966
Banco Popolare S.c.a.r.l.		8,818		52,773
Enel S.p.A.		88,826		473,470
ENI S.p.A.		35,351		762,883
Exor S.p.A.		736		17,057
Fiat S.p.A.		10,203		157,453
Finmeccanica S.p.A.		5,388		64,013
Intesa Sanpaolo S.p.A. (BATS Europe Exchange)		14,852		38,247
Intesa Sanpaolo S.p.A. (XetraIntlMkt Exchange)		104,271		338,666
Luxottica Group S.p.A.		1,690		46,216
Mediaset S.p.A.		9,505		67,380
Mediobanca S.p.A.*		6,455		60,014
Mediolanum S.p.A.		2,727		12,129
Parmalat S.p.A.		23,060		59,164
Pirelli & C. S.p.A.		2,656		21,616
Prysmian S.p.A.		2,629		48,025
Saipem S.p.A.		3,532		141,465
Snam Rete Gas S.p.A.		19,243		97,456

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER INTERNATIONAL PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Telecom Italia S.p.A.		126,140	$	176,259
Telecom Italia S.p.A. (RNC)		79,737		89,842
Terna Rete Elettrica Nazionale S.p.A.		17,189		73,052
UniCredit S.p.A.		182,444		465,846
Unione di Banche Italiane S.c.p.A.		8,181		79,296

				3,858,154

Japan (12.5%)
77 Bank Ltd.		4,000		20,268
ABC-Mart, Inc.		300		9,236
Acom Co., Ltd.		490		7,413
Advantest Corp.		2,300		45,763
Aeon Co., Ltd.		8,000		85,865
Aeon Credit Service Co., Ltd.		1,000		10,769
Aeon Mall Co., Ltd.		900		21,875
Air Water, Inc.		2,000		23,766
Aisin Seiki Co., Ltd.		2,500		77,983
Ajinomoto Co., Inc.		9,000		88,081
Alfresa Holdings Corp.		600		25,587
All Nippon Airways Co., Ltd.*		12,000		44,418
Amada Co., Ltd.		5,000		34,260
Aozora Bank Ltd.		11,000		16,208
Asahi Breweries Ltd.		5,200		104,025
Asahi Glass Co., Ltd.		14,000		142,717
Asahi Kasei Corp.		17,000		93,675
Asics Corp.		2,000		20,388
Astellas Pharma, Inc.		6,100		220,310
Bank of Kyoto Ltd.		4,000		32,439
Bank of Yokohama Ltd.		16,000		74,748
Benesse Holdings, Inc.		1,000		48,155
Bridgestone Corp.		8,800		160,335
Brother Industries Ltd.		3,600		44,461
Canon Marketing Japan, Inc.		700		9,635
Canon, Inc.		15,300		713,866
Casio Computer Co., Ltd.		2,600		19,279
Central Japan Railway Co.		21		154,456
Chiba Bank Ltd.		10,000		58,337
Chiyoda Corp.		2,000		16,363
Chubu Electric Power Co., Inc.		8,900		219,941
Chugai Pharmaceutical Co., Ltd.		3,100		56,965
Chugoku Bank Ltd.		2,000		24,317
Chugoku Electric Power Co., Inc.		3,900		76,944
Chuo Mitsui Trust Holdings, Inc.		14,000		46,454
Citizen Holdings Co., Ltd.		4,400		26,406
Coca-Cola West Co., Ltd.		600		10,120
Cosmo Oil Co., Ltd.		7,000		18,280
Credit Saison Co., Ltd.		2,000		26,737
Dai Nippon Printing Co., Ltd.		8,000		97,652
Daicel Chemical Industries Ltd.		4,000		26,929
Daido Steel Co., Ltd.		3,000		14,590
Daihatsu Motor Co., Ltd.		3,000		40,141
Dai-ichi Life Insurance Co., Ltd.		108		130,407
Daiichi Sankyo Co., Ltd.		9,100		185,096
Daikin Industries Ltd.		3,100		116,603
Dainippon Sumitomo Pharma Co., Ltd.		1,800		15,072
Daito Trust Construction Co., Ltd.		1,100		65,752
Daiwa House Industry Co., Ltd.		6,000		60,374
Daiwa Securities Group, Inc.		22,000		88,812
DeNA Co., Ltd.		1,100		34,642
Denki Kagaku Kogyo KK		7,000		30,103
Denso Corp.		6,500		192,711
Dentsu, Inc.		2,281		52,844
Dowa Holdings Co., Ltd.		3,000		17,861
East Japan Railway Co.		4,609		278,263
Eisai Co., Ltd.		3,400		118,886
Electric Power Development Co., Ltd.		1,600		48,107
Elpida Memory, Inc.*		2,700	$	31,049
FamilyMart Co., Ltd.		1,000		35,853
Fanuc Ltd.		2,600		331,073
Fast Retailing Co., Ltd.		700		98,610
Fuji Electric Holdings Co., Ltd.		10,000		26,234
Fuji Heavy Industries Ltd.		8,000		50,982
Fuji Media Holdings, Inc.		4		5,093
Fujifilm Holdings Corp.		6,300		208,667
Fujitsu Ltd.		25,000		175,491
Fukuoka Financial Group, Inc.		11,000		44,011
Furukawa Electric Co., Ltd.		9,000		33,852
GS Yuasa Corp.		6,000		42,190
Gunma Bank Ltd.		6,000		31,409
Hachijuni Bank Ltd.		6,000		31,337
Hakuhodo DY Holdings, Inc.		260		12,583
Hamamatsu Photonics KK		900		29,357
Hankyu Hanshin Holdings, Inc.		15,000		72,053
Hino Motors Ltd.		3,000		14,483
Hirose Electric Co., Ltd.		400		40,297
Hiroshima Bank Ltd.		6,000		24,437
Hisamitsu Pharmaceutical Co., Inc.		1,000		40,848
Hitachi Chemical Co., Ltd.		1,200		22,396
Hitachi Construction Machinery Co., Ltd.		1,300		28,109
Hitachi High-Technologies Corp.		800		14,758
Hitachi Ltd.		61,000		266,711
Hitachi Metals Ltd.		2,000		23,551
Hokkaido Electric Power Co., Inc.		2,500		49,772
Hokuhoku Financial Group, Inc.		20,000		36,656
Hokuriku Electric Power Co.		2,400		54,796
Honda Motor Co., Ltd.		22,400		795,055
HOYA Corp.		5,900		143,825
Ibiden Co., Ltd.		1,800		45,690
Idemitsu Kosan Co., Ltd.		300		25,731
IHI Corp.		21,000		40,249
INPEX Corp.		29		136,524
Isetan Mitsukoshi Holdings Ltd.		5,200		54,006
Isuzu Motors Ltd.		16,000		61,715
Ito En Ltd.		600		9,854
ITOCHU Corp.		20,200		184,868
ITOCHU Techno-Solutions Corp.		300		9,796
Iyo Bank Ltd.		3,000		24,329
J. Front Retailing Co., Ltd.		7,000		32,535
Jafco Co., Ltd.		400		9,444
Japan Petroleum Exploration Co.		300		11,302
Japan Prime Realty Investment Corp. (REIT)		8		17,614
Japan Real Estate Investment Corp. (REIT)		7		63,644
Japan Retail Fund Investment Corp. (REIT)		18		25,335
Japan Steel Works Ltd.		4,000		37,662
Japan Tobacco, Inc.		61		203,065
JFE Holdings, Inc.		6,200		189,610
JGC Corp.		3,000		52,072
Joyo Bank Ltd.		10,000		43,603
JS Group Corp.		3,300		64,711
JSR Corp.		2,600		44,257
JTEKT Corp.		3,200		29,478
Jupiter Telecommunications Co., Ltd.		38		40,968
JX Holdings, Inc.		30,190		175,035
Kajima Corp.		13,000		31,301
Kamigumi Co., Ltd.		3,000		22,281
Kaneka Corp.		4,000		24,006
Kansai Electric Power Co., Inc.		10,200		247,669

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER INTERNATIONAL PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Kansai Paint Co., Ltd.		3,000	$	25,551
Kao Corp.		7,300		177,865
Kawasaki Heavy Industries Ltd.		20,000		56,780
Kawasaki Kisen Kaisha Ltd.		9,000		33,852
KDDI Corp.		40		191,423
Keihin Electric Express Railway Co., Ltd.		6,000		58,002
Keio Corp.		8,000		55,007
Keisei Electric Railway Co., Ltd.		4,000		25,683
Keyence Corp.		600		130,522
Kikkoman Corp.		2,000		22,065
Kinden Corp.		2,000		18,064
Kintetsu Corp.		21,000		70,939
Kirin Holdings Co., Ltd.		11,000		156,145
Kobe Steel Ltd.		33,000		77,480
Koito Manufacturing Co., Ltd.		1,000		15,333
Komatsu Ltd.		12,800		297,154
Konami Corp.		1,300		22,954
Konica Minolta Holdings, Inc.		6,500		63,380
Kubota Corp.		15,000		137,278
Kuraray Co., Ltd.		4,800		60,604
Kurita Water Industries Ltd.		1,600		44,408
Kyocera Corp.		2,200		207,930
Kyowa Hakko Kirin Co., Ltd.		4,000		39,626
Kyushu Electric Power Co., Inc.		5,100		116,442
Lawson, Inc.		900		41,237
Mabuchi Motor Co., Ltd.		300		15,345
Makita Corp.		1,500		47,562
Marubeni Corp.		22,000		124,389
Marui Group Co., Ltd.		2,500		18,717
Maruichi Steel Tube Ltd.		500		9,583
Matsui Securities Co., Ltd.		1,500		8,391
Mazda Motor Corp.		20,500		49,359
McDonald’s Holdings Co. Japan Ltd.		776		18,684
Medipal Holdings Corp.		2,000		25,419
MEIJI Holdings Co., Ltd.		911		42,887
Minebea Co., Ltd.		4,000		20,604
Mitsubishi Chemical Holdings Corp.		16,000		81,265
Mitsubishi Corp.		18,300		434,263
Mitsubishi Electric Corp.		26,000		223,622
Mitsubishi Estate Co., Ltd.		16,000		260,278
Mitsubishi Gas Chemical Co., Inc.		6,000		34,859
Mitsubishi Heavy Industries Ltd.		41,000		151,270
Mitsubishi Logistics Corp.		2,000		23,982
Mitsubishi Materials Corp.*		16,000		45,999
Mitsubishi Motors Corp.*		51,000		66,591
Mitsubishi Tanabe Pharma Corp.		3,000		48,874
Mitsubishi UFJ Financial Group, Inc.		173,500		808,475
Mitsubishi UFJ Lease & Finance Co., Ltd.		790		27,775
Mitsui & Co., Ltd.		23,400		348,141
Mitsui Chemicals, Inc.		14,000		37,734
Mitsui Engineering & Shipbuilding Co., Ltd.		8,000		18,112
Mitsui Fudosan Co., Ltd.		11,000		185,529
Mitsui Mining & Smelting Co., Ltd.		8,000		22,904
Mitsui O.S.K. Lines Ltd.		15,000		94,334
Mitsumi Electric Co., Ltd.		900		13,800
Mizuho Financial Group, Inc.		272,435		398,144
Mizuho Securities Co., Ltd.		6,000		13,728
Mizuho Trust & Banking Co., Ltd.*		17,000		14,255
MS&AD Insurance Group Holdings, Inc.		7,280		167,175
Murata Manufacturing Co., Ltd.		2,700		142,310
Namco Bandai Holdings, Inc.		2,100		19,471
NEC Corp.		35,000	$	93,076
NGK Insulators Ltd.		3,000		49,844
NGK Spark Plug Co., Ltd.		2,000		26,761
NHK Spring Co., Ltd.		2,000		16,555
Nidec Corp.		1,500		133,325
Nikon Corp.		4,300		79,736
Nintendo Co., Ltd.		1,300		324,844
Nippon Building Fund, Inc. (REIT)		7		61,296
Nippon Electric Glass Co., Ltd.		5,000		68,160
Nippon Express Co., Ltd.		11,000		41,771
Nippon Meat Packers, Inc.		2,000		24,485
Nippon Paper Group, Inc.		1,530		38,287
Nippon Sheet Glass Co., Ltd.		11,000		23,982
Nippon Steel Corp.		69,000		234,739
Nippon Telegraph & Telephone Corp.		7,024		306,690
Nippon Yusen KK		20,000		81,936
Nishi-Nippon City Bank Ltd.		8,000		22,904
Nissan Chemical Industries Ltd.		2,000		22,544
Nissan Motor Co., Ltd.		33,500		292,543
Nissha Printing Co., Ltd.		400		9,090
Nisshin Seifun Group, Inc.		3,000		39,423
Nisshin Steel Co., Ltd.		8,000		14,279
Nisshinbo Holdings, Inc.		2,000		20,053
Nissin Food Holdings Co., Ltd.		1,000		36,116
Nitori Holdings Co., Ltd.		500		41,806
Nitto Denko Corp.		2,200		86,045
NKSJ Holdings, Inc.*		18,700		117,379
NOK Corp.		1,200		20,886
Nomura Holdings, Inc.		47,600		230,359
Nomura Real Estate Holdings, Inc.		1,100		15,615
Nomura Real Estate Office Fund, Inc. (REIT)		3		16,657
Nomura Research Institute Ltd.		1,600		30,072
NSK Ltd.		6,000		40,680
NTN Corp.		7,000		30,187
NTT Data Corp.		17		53,741
NTT DoCoMo, Inc.		208		346,334
NTT Urban Development Corp.		14		11,773
Obayashi Corp.		9,000		35,793
Obic Co., Ltd.		80		15,122
Odakyu Electric Railway Co., Ltd.		8,000		73,982
OJI Paper Co., Ltd.		11,000		48,622
Olympus Corp.		2,900		75,939
Omron Corp.		2,700		61,323
Ono Pharmaceutical Co., Ltd.		1,100		47,898
Oracle Corp. Japan		600		28,570
Oriental Land Co., Ltd.		700		65,237
ORIX Corp.		1,400		106,996
Osaka Gas Co., Ltd.		26,000		93,747
Otsuka Corp.		200		13,273
Panasonic Corp.		26,500		359,026
Panasonic Electric Works Co., Ltd.		5,000		66,303
Rakuten, Inc.		96		70,264
Resona Holdings, Inc.		8,105		72,720
Ricoh Co., Ltd.		9,000		126,893
Rinnai Corp.		500		29,408
Rohm Co., Ltd.		1,300		80,199
Sankyo Co., Ltd.		800		42,357
Santen Pharmaceutical Co., Ltd.		1,100		38,094
Sanyo Electric Co., Ltd.*		28,000		46,287
Sapporo Hokuyo Holdings, Inc.		3,575		16,530
Sapporo Holdings Ltd.		3,000		14,051
SBI Holdings, Inc.		270		33,863
Secom Co., Ltd.		2,800		126,449
Sega Sammy Holdings, Inc.		2,900		44,327

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER INTERNATIONAL PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Seiko Epson Corp.		2,200	$	33,337
Sekisui Chemical Co., Ltd.		6,000		36,296
Sekisui House Ltd.		8,000		71,874
Senshu Ikeda Holdings, Inc.		7,245		10,848
Seven & I Holdings Co., Ltd.		10,300		241,337
Seven Bank Ltd.		7		12,536
Sharp Corp.		14,000		139,363
Shikoku Electric Power Co., Inc.		2,400		68,855
Shimadzu Corp.		3,000		23,071
Shimamura Co., Ltd.		300		27,851
Shimano, Inc.		900		47,652
Shimizu Corp.		7,000		25,910
Shin-Etsu Chemical Co., Ltd.		5,500		267,819
Shinko Electric Industries Co., Ltd.		800		8,845
Shinsei Bank Ltd.*		10,000		7,068
Shionogi & Co., Ltd.		3,900		71,385
Shiseido Co., Ltd.		4,700		105,508
Shizuoka Bank Ltd.		8,000		68,903
Showa Denko KK		21,000		40,249
Showa Shell Sekiyu KK		2,100		16,049
SMC Corp.		700		92,322
Softbank Corp.		11,000		359,859
Sojitz Corp.		20,300		36,476
Sony Corp.		13,600		420,479
Sony Financial Holdings, Inc.		13		42,357
Square Enix Holdings Co., Ltd.		700		15,689
Stanley Electric Co., Ltd.		2,200		35,050
Sumco Corp.*		1,900		29,633
Sumitomo Chemical Co., Ltd.		21,000		92,070
Sumitomo Corp.		15,100		194,629
Sumitomo Electric Industries Ltd.		10,100		123,165
Sumitomo Heavy Industries Ltd.		8,000		41,208
Sumitomo Metal Industries Ltd.		45,000		113,740
Sumitomo Metal Mining Co., Ltd.		7,000		106,912
Sumitomo Mitsui Financial Group, Inc.		18,197		530,128
Sumitomo Realty & Development Co., Ltd.		5,000		103,318
Sumitomo Rubber Industries Ltd.		1,900		18,549
Sumitomo Trust & Banking Co., Ltd.		19,000		95,137
Suruga Bank Ltd.		3,000		26,449
Suzuken Co., Ltd.		1,000		33,098
Suzuki Motor Corp.		4,300		90,450
Sysmex Corp.		400		27,743
T&D Holdings, Inc.		3,600		75,036
Taiheiyo Cement Corp.*		10,000		11,739
Taisei Corp.		16,000		32,966
Taisho Pharmaceutical Co., Ltd.		2,000		40,465
Taiyo Nippon Sanso Corp.		4,000		34,020
Takashimaya Co., Ltd.		4,000		30,858
Takeda Pharmaceutical Co., Ltd.		10,100		463,985
TDK Corp.		1,600		89,219
Teijin Ltd.		13,000		42,980
Terumo Corp.		2,300		122,053
THK Co., Ltd.		1,800		33,723
Tobu Railway Co., Ltd.		11,000		63,380
Toho Co., Ltd.		1,400		22,523
Toho Gas Co., Ltd.		5,000		24,736
Tohoku Electric Power Co., Inc.		5,800		128,256
Tokio Marine Holdings, Inc.		9,800		264,370
Tokuyama Corp.		4,000		20,316
Tokyo Electric Power Co., Inc.		16,400		399,981
Tokyo Electron Ltd.		2,300		115,303
Tokyo Gas Co., Ltd.		35,000		158,900
Tokyo Steel Manufacturing Co., Ltd.		1,100		12,979
Tokyo Tatemono Co., Ltd.		4,000		15,333
Tokyu Corp.		15,000	$	66,303
Tokyu Land Corp.		6,000		24,868
TonenGeneral Sekiyu KK		4,000		37,039
Toppan Printing Co., Ltd.		7,000		54,756
Toray Industries, Inc.		19,000		105,834
Toshiba Corp.		54,000		261,332
Tosoh Corp.		6,000		16,172
TOTO Ltd.		4,000		27,408
Toyo Seikan Kaisha Ltd.		2,300		41,438
Toyo Suisan Kaisha Ltd.		1,000		20,616
Toyoda Gosei Co., Ltd.		1,100		24,245
Toyota Boshoku Corp.		700		11,647
Toyota Industries Corp.		2,400		64,082
Toyota Motor Corp.		37,300		1,339,547
Toyota Tsusho Corp.		3,100		45,676
Trend Micro, Inc.		1,500		44,759
Tsumura & Co.		700		21,768
Ube Industries Ltd.		15,000		33,242
Unicharm Corp.		1,800		72,449
UNY Co., Ltd.		2,100		16,603
Ushio, Inc.		1,200		20,196
USS Co., Ltd.		300		22,389
West Japan Railway Co.		23		82,489
Yahoo! Japan Corp.		195		67,367
Yakult Honsha Co., Ltd.		1,500		46,323
Yamada Denki Co., Ltd.		1,100		68,256
Yamaguchi Financial Group, Inc.		3,000		28,282
Yamaha Corp.		1,800		20,894
Yamaha Motor Co., Ltd.*		3,600		54,035
Yamato Holdings Co., Ltd.		5,200		62,913
Yamato Kogyo Co., Ltd.		500		12,111
Yamazaki Baking Co., Ltd.		2,000		24,389
Yaskawa Electric Corp.		3,000		24,185
Yokogawa Electric Corp.		2,400		16,330

				29,502,663

Luxembourg (0.3%)
ArcelorMittal S.A.		11,601		382,092
Millicom International Cellular S.A. (SDR)		1,021		97,399
SES S.A.		3,974		95,538
Tenaris S.A.		6,289		120,629

				695,658

Macau (0.0%)
Sands China Ltd.*		29,200		52,688
Wynn Macau Ltd.*		23,200		40,128

				92,816

Mexico (0.0%)
Fresnillo plc		2,588		50,493

Netherlands (2.7%)
Aegon N.V.*		20,913		125,300
Akzo Nobel N.V.		3,110		191,868
ASML Holding N.V.		5,787		172,851
Corio N.V. (REIT)		830		56,745
Delta Lloyd N.V.		834		15,588
European Aeronautic Defence and Space Co. N.V.*		5,481		136,700
Fugro N.V. (CVA)		944		62,074
Heineken Holding N.V.		1,468		64,220
Heineken N.V.		3,505		181,762
ING Groep N.V. (CVA)*		51,735		536,716
Koninklijke (Royal) KPN N.V.		21,984		340,006
Koninklijke Ahold N.V.		16,103		217,065
Koninklijke Boskalis Westminster N.V.		1,012		42,471

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER INTERNATIONAL PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Koninklijke DSM N.V.		2,052	$	105,126
Koninklijke Philips Electronics N.V.		13,122		412,421
Koninklijke Vopak N.V.		1,028		49,064
QIAGEN N.V.*		3,060		54,752
Randstad Holding N.V.*		1,473		66,919
Reed Elsevier N.V.		9,225		116,328
Royal Dutch Shell plc, Class A		48,008		1,444,966
Royal Dutch Shell plc, Class B		36,485		1,064,326
SBM Offshore N.V.		2,471		46,823
TNT N.V.		5,023		134,966
Unilever N.V. (CVA)		22,134		661,569
Wolters Kluwer N.V.		3,908		82,045

				6,382,671

New Zealand (0.1%)
Auckland International Airport Ltd.		12,404		18,657
Contact Energy Ltd.*		3,405		14,140
Fletcher Building Ltd.		8,510		50,325
Sky City Entertainment Group Ltd.		6,453		13,399
Telecom Corp. of New Zealand Ltd.		28,119		41,674

				138,195

Norway (0.4%)
Aker Solutions ASA		2,640		38,268
DnB NOR ASA		13,291		180,907
Norsk Hydro ASA		11,696		70,600
Orkla ASA		10,247		94,435
Renewable Energy Corp. ASA*		5,580		18,900
Statoil ASA		15,071		314,430
Telenor ASA		11,213		175,598
Yara International ASA		2,542		114,973

				1,008,111

Portugal (0.2%)
Banco Comercial Portugues S.A. (Registered)		43,975		38,307
Banco Espirito Santo S.A. (Registered)		8,186		37,887
Brisa Auto-Estradas de Portugal S.A.		2,023		13,045
Cimpor Cimentos de Portugal SGPS S.A.		2,270		14,613
EDP - Energias de Portugal S.A.		23,123		79,247
Galp Energia SGPS S.A., Class B		3,187		55,004
Jeronimo Martins SGPS S.A.		3,380		45,202
Portugal Telecom SGPS S.A. (Registered)		7,725		103,099

				386,404

Singapore (1.0%)
Ascendas Real Estate Investment Trust (REIT)		24,000		39,967
CapitaLand Ltd.		34,000		104,965
CapitaMall Trust (REIT)		32,000		52,315
CapitaMalls Asia Ltd.		22,032		36,187
City Developments Ltd.		7,000		67,919
ComfortDelgro Corp., Ltd.		30,000		34,674
Cosco Corp. (Singapore) Ltd.		11,000		14,805
DBS Group Holdings Ltd.		23,000		246,247
Fraser and Neave Ltd.		13,000		64,254
Genting Singapore plc*		78,941		111,649
Golden Agri-Resources Ltd.		97,609		42,306
Jardine Cycle & Carriage Ltd.		1,000		29,884
Keppel Corp., Ltd.		17,000		116,082
Keppel Land Ltd.		11,000		33,876
Neptune Orient Lines Ltd.*		10,000		15,056
Olam International Ltd.		18,000		44,620
Oversea-Chinese Banking Corp., Ltd.		33,000		222,074
SembCorp Industries Ltd.		14,000		46,415
SembCorp Marine Ltd.		13,000		38,849
Singapore Airlines Ltd.		7,000	$	86,868
Singapore Exchange Ltd.		11,000		75,447
Singapore Press Holdings Ltd.		17,000		54,939
Singapore Technologies Engineering Ltd.		22,000		56,209
Singapore Telecommunications Ltd.		108,000		257,866
StarHub Ltd.		6,890		13,517
United Overseas Bank Ltd.		16,000		222,888
UOL Group Ltd.		8,000		28,165
Wilmar International Ltd.		26,000		118,820

				2,276,863

Spain (2.2%)
Abertis Infraestructuras S.A.		3,910		72,865
Acciona S.A.		399		33,702
Acerinox S.A.		1,113		19,808
ACS Actividades de Construccion y Servicios S.A.		1,861		92,918
Banco Bilbao Vizcaya Argentaria S.A.		48,223		651,155
Banco de Sabadell S.A.		12,898		64,601
Banco de Valencia S.A.		2,462		14,029
Banco Popular Espanol S.A.		11,637		73,768
Banco Santander S.A.		111,478		1,415,927
Bankinter S.A.		4,593		31,914
Criteria Caixacorp S.A.		11,451		60,148
EDP Renovaveis S.A.*		2,446		13,838
Enagas S.A.		2,545		51,574
Ferrovial S.A.		6,092		56,964
Fomento de Construcciones y Contratas S.A.		461		12,745
Gamesa Corp. Tecnologica S.A.*		3,292		23,045
Gas Natural SDG S.A.		3,165		47,181
Gestevision Telecinco S.A.		1,133		12,480
Grifols S.A.		1,873		26,862
Iberdrola Renovables S.A.		12,299		40,877
Iberdrola S.A.		54,584		419,905
Iberia Lineas Aereas de Espana S.A.*		5,332		20,578
Inditex S.A.		2,942		233,702
Indra Sistemas S.A.		1,007		19,205
Mapfre S.A.		11,571		35,208
Red Electrica Corporacion S.A.		1,439		67,670
Repsol YPF S.A.		9,835		253,336
Telefonica S.A.		55,570		1,376,104
Zardoya Otis S.A.		2,217		39,683

				5,281,792

Sweden (1.8%)
Alfa Laval AB		4,437		77,742
Assa Abloy AB, Class B		4,200		105,929
Atlas Copco AB, Class A		9,024		174,178
Atlas Copco AB, Class B		5,192		91,356
Boliden AB		3,888		58,894
Electrolux AB, Class B		3,174		78,169
Getinge AB, Class B		2,666		62,296
Hennes & Mauritz AB, Class B		13,826		500,705
Hexagon AB, Class B		2,573		55,198
Holmen AB, Class B		592		18,260
Husqvarna AB, Class B		5,962		44,138
Investor AB, Class B		6,075		123,386
Kinnevik Investment AB, Class B		2,974		62,962
Modern Times Group AB, Class B		720		53,677
Nordea Bank AB		43,806		456,235
Ratos AB, Class B		1,492		51,531
Sandvik AB		13,623		208,781
Scania AB, Class B		4,275		94,375
Securitas AB, Class B		4,496		48,426

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER INTERNATIONAL PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Skandinaviska Enskilda Banken AB, Class A		19,155	$	142,035
Skanska AB, Class B		5,268		96,523
SKF AB, Class B		5,188		119,302
SSAB AB, Class A		2,634		42,009
SSAB AB, Class B		936		13,144
Svenska Cellulosa AB, Class B		7,684		116,850
Svenska Handelsbanken AB, Class A		6,649		217,906
Swedbank AB, Class A*		9,580		132,820
Swedish Match AB		3,176		84,720
Tele2 AB, Class B		4,168		87,499
Telefonaktiebolaget LM Ericsson, Class B		40,722		447,073
TeliaSonera AB		30,269		245,193
Volvo AB, Class B*		14,768		216,907

				4,328,219

Switzerland (4.8%)
ABB Ltd. (Registered)*		29,795		627,949
Actelion Ltd. (Registered)*		1,383		55,410
Adecco S.A. (Registered)		1,638		85,596
Aryzta AG		1,146		50,148
Baloise Holding AG (Registered)		685		61,763
Cie Financiere Richemont S.A., Class A		7,034		338,654
Credit Suisse Group AG (Registered)		15,210		650,099
GAM Holding Ltd.*		3,212		48,704
Geberit AG (Registered)		519		92,429
Givaudan S.A. (Registered)		112		114,433
Holcim Ltd. (Registered)		3,301		211,971
Julius Baer Group Ltd.		2,727		99,267
Kuehne + Nagel International AG (Registered)		718		86,220
Lindt & Spruengli AG		10		23,976
Lindt & Spruengli AG (Registered)		2		55,869
Logitech International S.A. (Registered)*		2,714		47,284
Lonza Group AG (Registered)		649		55,446
Nestle S.A. (Registered)		46,923		2,499,790
Nobel Biocare Holding AG (Registered)		1,983		35,618
Novartis AG (Registered)		28,555		1,637,485
Pargesa Holding S.A.		451		32,931
Roche Holding AG		9,504		1,297,956
Schindler Holding AG		646		69,291
Schindler Holding AG (Registered)		240		25,645
SGS S.A. (Registered)		73		117,971
Sika AG		29		53,505
Sonova Holding AG (Registered)		605		73,882
STMicroelectronics N.V.		8,487		64,977
Straumann Holding AG (Registered)		87		19,416
Swatch Group AG		413		155,382
Swatch Group AG (Registered)		662		45,743
Swiss Life Holding AG (Registered)*		438		49,878
Swiss Reinsurance Co., Ltd. (Registered)		4,734		207,590
Swisscom AG (Registered)		313		126,232
Syngenta AG (Registered)		1,275		316,852
UBS AG (Registered)*		49,528		840,713
Xstrata plc		27,800		531,913
Zurich Financial Services AG		1,991		466,623

				11,374,611

United Kingdom (11.2%)
3i Group plc		13,112		59,012
Admiral Group plc		2,738		71,657
Aggreko plc		3,481		85,852
AMEC plc		4,421		68,477
Anglo American plc		17,806		706,419
Antofagasta plc		5,265	$	102,227
ARM Holdings plc		17,567		108,231
Associated British Foods plc		4,708		77,582
AstraZeneca plc		19,659		998,580
Autonomy Corp. plc*		2,882		82,081
Aviva plc		37,506		235,025
Babcock International Group plc		5,053		45,245
BAE Systems plc		47,776		256,901
Balfour Beatty plc		10,222		42,954
Barclays plc		154,936		729,193
BG Group plc		46,069		809,456
BHP Billiton plc		30,036		955,467
BP plc		254,083		1,707,517
British Airways plc*		9,557		36,452
British American Tobacco plc		27,041		1,008,657
British Land Co. plc (REIT)		11,498		83,989
British Sky Broadcasting Group plc		15,321		169,798
BT Group plc, Class A		105,688		232,435
Bunzl plc		4,566		54,441
Burberry Group plc		5,843		95,459
Cable & Wireless Worldwide plc		38,704		44,718
Cairn Energy plc*		18,950		135,030
Capita Group plc		8,449		104,322
Capital Shopping Centres Group plc (REIT)		7,115		41,098
Carnival plc		2,220		87,255
Centrica plc		69,473		353,052
Cobham plc		15,463		56,112
Compass Group plc		25,383		211,532
Diageo plc		33,919		583,986
Eurasian Natural Resources Corp.		3,584		51,712
Firstgroup plc		7,096		40,442
G4S plc		18,890		75,551
GlaxoSmithKline plc		70,322		1,385,831
Hammerson plc (REIT)		9,536		59,067
Home Retail Group plc		12,504		40,464
HSBC Holdings plc		236,163		2,392,876
ICAP plc		7,850		53,211
Imperial Tobacco Group plc		13,793		411,031
Inmarsat plc		5,824		60,703
Intercontinental Hotels Group plc		3,901		69,615
International Power plc		20,683		126,065
Intertek Group plc		2,156		61,980
Invensys plc		11,267		52,832
Investec plc		6,047		48,304
ITV plc*		53,514		50,145
J Sainsbury plc		16,081		98,697
Johnson Matthey plc		2,858		79,107
Kazakhmys plc		2,961		67,539
Kingfisher plc		31,985		117,674
Land Securities Group plc (REIT)		10,108		101,703
Legal & General Group plc		79,153		128,693
Lloyds Banking Group plc*		552,340		643,118
London Stock Exchange Group plc		2,016		21,567
Lonmin plc*		2,164		56,736
Man Group plc		22,629		77,885
Marks & Spencer Group plc		21,276		129,713
National Grid plc		46,940		398,185
Next plc		2,516		87,585
Old Mutual plc		73,823		160,964
Pearson plc		11,018		170,572
Petrofac Ltd.		3,432		74,023
Prudential plc		34,246		342,418
Randgold Resources Ltd.		1,221		122,181
Reckitt Benckiser Group plc		8,278		455,267

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER INTERNATIONAL PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Reed Elsevier plc		16,418	$	138,756
Resolution Ltd.		19,606		75,458
Rexam plc		11,671		56,285
Rio Tinto plc		19,604		1,145,916
Rolls-Royce Group plc*		25,077		237,740
Royal Bank of Scotland Group plc*		231,640		171,789
RSA Insurance Group plc		46,102		94,655
SABMiller plc		12,863		411,303
Sage Group plc		17,502		75,966
Schroders plc		1,775		40,096
Scottish & Southern Energy plc		12,519		219,867
Segro plc (REIT)		10,515		45,094
Serco Group plc		6,636		64,111
Severn Trent plc		3,186		65,614
Smith & Nephew plc		11,951		108,982
Smiths Group plc		5,249		100,514
Standard Chartered plc		27,619		792,241
Standard Life plc		30,040		109,103
Tesco plc		107,944		718,973
Thomas Cook Group plc		12,900		34,815
TUI Travel plc		9,092		30,622
Tullow Oil plc		12,073		241,620
Unilever plc		17,343		501,564
United Utilities Group plc		9,175		82,587
Vedanta Resources plc		1,622		55,164
Vodafone Group plc		712,464		1,758,278
Whitbread plc		2,403		61,304
WM Morrison Supermarkets plc		28,447		132,141
Wolseley plc*		3,788		95,150
WPP plc		16,906		187,099

				26,606,475

United States (0.0%)
Synthes, Inc.		790		91,329

Total Common Stocks (58.7%) (Cost $129,783,998)				138,964,811


	Number of Rights		Value (Note 1)
RIGHTS:
Cyprus (0.0%)
Bank of Cyprus Public Co., Ltd., expiring 10/21/10*		8,339		5,116

France (0.0%)
Cie Generale des Etablissements Michelin, expiring 10/13/10*		1,998		5,578

Germany (0.0%)
Deutsche Bank AG, expiring 10/5/10*		8,385		40,580

Greece (0.0%)
National Bank of Greece S.A., expiring 10/11/10*		16,320		11,347

Total Rights (0.0%) (Cost $—)				62,621


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Short-Term Investment (3.7%)
BlackRock Liquidity Funds TempFund
0.23% ‡
(Amortized Cost $8,873,217)	$	8,873,217	$	8,873,217

Total Investments (62.4%) (Cost $138,657,215)			$	147,900,649
Other Assets Less Liabilities (37.6%)				88,971,982

Net Assets (100%)			$	236,872,631

*	Non-income producing.

‡	Affiliated company as defined under the Investment Company Act of 1940.

Glossary:

CDI — Chess Depositary Interest

CVA — Dutch Certification

PPS — Price Protected Share

REIT — Real Estate Investment Trust

RNC — Risparmio Non-Convertible Savings Shares

SDR — Swedish Certification

Market Sector Diversification

As a Percentage of Total Net Assets


Consumer Discretionary	5.4	%
Consumer Staples	6.5
Energy	4.5
Financials	14.6
Health Care	4.8
Industrials	6.7
Information Technology	3.0
Materials	6.3
Telecommunication Services	3.4
Utilities	3.5
Cash and Other	41.3

	100.0	%

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER INTERNATIONAL PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	15,480,657	$	150,710,203	$	157,317,643	$	8,873,217	$	22,071	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchases
DJ EURO Stoxx 50 Index		971		December-10	$	36,848,131	$	36,243,337	$	(604,794	)
E-Mini MSCI EAFE Index		87		December-10		6,683,349		6,771,210		87,861
FTSE 100 Index		259		December-10		22,570,642		22,497,495		(73,147	)
SPI 200 Index		80		December-10		9,023,769		8,892,260		(131,509	)
TOPIX Index		226		December-10		22,110,264		22,375,299		265,035

									$	(456,554	)

At September 30, 2010, the Portfolio had outstanding foreign currency contracts to buy/sell foreign currencies as follows: (Note 1)


	Counterparty		Local Contract Buy Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Buy Contracts
Australian Dollar vs. U.S. Dollar, expiring 12/17/10		Credit Suisse First Boston		205	$	196,207	$	195,581	$	626
Australian Dollar vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		138		132,146		127,658		4,488
Australian Dollar vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		270		258,545		250,911		7,634
Australian Dollar vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		218		208,752		202,290		6,462
British Pound vs. U.S. Dollar, expiring 12/17/10		Credit Suisse First Boston		102		160,146		161,532		(1,386	)
British Pound vs. U.S. Dollar, expiring 12/17/10		Credit Suisse First Boston		107		167,996		166,188		1,808
British Pound vs. U.S. Dollar, expiring 12/17/10		Credit Suisse First Boston		390		612,323		615,420		(3,097	)
British Pound vs. U.S. Dollar, expiring 12/17/10		Credit Suisse First Boston		166		260,002		259,831		171
British Pound vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		332		521,260		518,740		2,520
British Pound vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		84		131,885		131,175		710
British Pound vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		168		263,770		262,559		1,211
British Pound vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		239		375,244		373,183		2,061
European Union Euro vs. U.S. Dollar, expiring 12/17/10		Credit Suisse First Boston		95		129,165		127,691		1,474
European Union Euro vs. U.S. Dollar, expiring 12/17/10		Credit Suisse First Boston		328		446,903		428,246		18,657
European Union Euro vs. U.S. Dollar, expiring 12/17/10		Credit Suisse First Boston		594		809,331		809,093		238
European Union Euro vs. U.S. Dollar, expiring 12/17/10		Credit Suisse First Boston		198		269,478		263,912		5,566
European Union Euro vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		157		213,914		204,767		9,147

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER INTERNATIONAL PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Counterparty		Local Contract Buy Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Buy Contracts
European Union Euro vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		685	$	933,319	$	890,671	$	42,648
European Union Euro vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		291		396,491		385,693		10,798
European Union Euro vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		212		288,852		277,117		11,735
Japanese Yen vs. U.S. Dollar, expiring 12/17/10		Credit Suisse First Boston		25,321		303,561		295,555		8,006
Japanese Yen vs. U.S. Dollar, expiring 12/17/10		Credit Suisse First Boston		57,564		690,119		683,824		6,295
Japanese Yen vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		15,620		187,264		182,455		4,809
Japanese Yen vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		41,608		498,827		489,644		9,183
Japanese Yen vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		17,509		209,910		207,556		2,354
Japanese Yen vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		60,575		726,218		708,480		17,738

									$	171,856

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	—	$	14,461,975	$	—	$	14,461,975
Consumer Staples		—		14,473,640		—		14,473,640
Energy		—		10,368,907		—		10,368,907
Financials		—		34,237,975		—		34,237,975
Health Care		—		11,908,549		—		11,908,549
Industrials		—		17,055,220		—		17,055,220
Information Technology		—		6,706,689		—		6,706,689
Materials		—		14,481,771		—		14,481,771
Telecommunication Services		—		8,007,751		—		8,007,751
Utilities		—		7,262,334		—		7,262,334
Forward Currency Contracts		—		176,339		—		176,339
Futures		352,896		—		—		352,896
Rights
Consumer Discretionary		—		5,578		—		5,578
Financials		—		57,043		—		57,043
Short-Term Investments		—		8,873,217		—		8,873,217

Total Assets	$	352,896	$	148,076,988	$	—	$	148,429,884

Liabilities:

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

AXA TACTICAL MANAGER INTERNATIONAL PORTFOLIO-I

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


Investment Type	Level 1 Quoted prices in active markets for identical securities			Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)			Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Forward Currency Contracts	$	—		$	(4,483	)	$	—	$	(4,483	)
Futures		(809,450	)		—			—		(809,450	)

Total Liabilities	$	(809,450	)	$	(4,483	)	$	—	$	(813,933	)

Total	$	(456,554	)	$	148,072,505		$	—	$	147,615,951

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities-Industrials
Balance as of 12/31/09	$	439
Total gains or losses (realized/unrealized) included in earnings		(4	)
Purchases, sales, issuances, and settlements (net)		(435	)
Transfers into Level 3		—
Transfers out of Level 3		—

Balance as of 9/30/10	$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	—

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	91,932,048
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	1,454,318

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	11,519,201
Aggregate gross unrealized depreciation		(2,348,517	)

Net unrealized appreciation	$	9,170,684

Federal income tax cost of investments	$	138,729,965

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Australia (4.4%)
AGL Energy Ltd.		50,806	$	794,053
Alumina Ltd.		299,058		523,189
Amcor Ltd.		129,169		812,762
AMP Ltd.		250,015		1,234,842
Aristocrat Leisure Ltd.		41,401		141,257
Asciano Group*		363,017		578,942
ASX Ltd.		23,346		734,944
Australia & New Zealand Banking Group Ltd.		311,944		7,139,744
AXA Asia Pacific Holdings Ltd.		128,979		640,776
Bendigo and Adelaide Bank Ltd.		58,570		517,989
BGP Holdings plc(b)*†		810,676		—
BHP Billiton Ltd.		417,534		15,702,811
Billabong International Ltd.		25,925		199,711
BlueScope Steel Ltd.		264,729		562,922
Boral Ltd.		94,088		419,237
Brambles Ltd.		167,242		1,013,531
Caltex Australia Ltd.		33,856		392,355
CFS Retail Property Trust (REIT)		199,011		364,511
Coca-Cola Amatil Ltd.		65,665		760,353
Cochlear Ltd.		8,773		595,688
Commonwealth Bank of Australia		189,890		9,391,649
Computershare Ltd.		58,555		551,814
Crown Ltd.		54,690		443,501
CSL Ltd.		71,383		2,280,293
CSR Ltd.		224,154		389,981
Dexus Property Group (REIT)		758,300		626,659
Energy Resources of Australia Ltd.		27,400		352,230
Fairfax Media Ltd.		275,294		389,815
Fortescue Metals Group Ltd.*		134,474		677,174
Foster’s Group Ltd.		227,192		1,346,102
Goodman Fielder Ltd.		246,951		311,491
Goodman Group (REIT)		637,440		397,396
GPT Group (REIT)		201,768		573,355
Harvey Norman Holdings Ltd.		73,609		268,223
Incitec Pivot Ltd.		149,907		520,164
Insurance Australia Group Ltd.		272,354		958,207
Intoll Group		302,899		436,223
Leighton Holdings Ltd.		14,564		465,380
Lend Lease Group		105,205		773,830
MacArthur Coal Ltd.		33,117		375,468
Macquarie Group Ltd.		38,924		1,364,550
MAp Group		47,817		134,955
Metcash Ltd.		154,460		652,412
Mirvac Group (REIT)		471,069		605,565
National Australia Bank Ltd.		254,150		6,224,738
Newcrest Mining Ltd.		94,997		3,642,474
OneSteel Ltd.		164,470		465,778
Orica Ltd.		45,267		1,124,885
Origin Energy Ltd.		109,109		1,671,530
OZ Minerals Ltd.		524,264		737,288
Paladin Energy Ltd.*		110,973		385,067
Qantas Airways Ltd.*		121,616		327,959
QBE Insurance Group Ltd.		125,627		2,095,792
Rio Tinto Ltd.		53,179		3,945,990
Santos Ltd.		98,181		1,215,629
Sims Metal Management Ltd.		29,666		505,804
Sonic Healthcare Ltd.		43,814		465,833
SP AusNet		241,622		200,844
Stockland Corp., Ltd. (REIT)		291,654		1,082,489
Suncorp-Metway Ltd.		163,102		1,418,816
TABCORP Holdings Ltd.		68,984		466,735
Tatts Group Ltd.		221,185	$	510,949
Telstra Corp., Ltd.		523,251		1,325,060
Toll Holdings Ltd.		96,861		617,899
Transurban Group		137,692		661,438
Wesfarmers Ltd.		121,212		3,853,309
Wesfarmers Ltd. (PPS)		19,147		612,381
Westfield Group (REIT)		251,587		2,981,282
Westpac Banking Corp.		364,019		8,176,821
Woodside Petroleum Ltd.		62,686		2,658,652
Woolworths Ltd.		148,754		4,146,563
WorleyParsons Ltd.		18,194		391,275

				109,329,334

Austria (0.2%)
Erste Group Bank AG		24,649		986,913
Immofinaz AG*		103,219		384,710
OMV AG		19,523		730,841
Raiffeisen International Bank Holding AG		6,981		325,476
Telekom Austria AG		38,988		586,780
Verbund AG, Class A		9,179		329,099
Vienna Insurance Group AG		5,646		303,489
Voestalpine AG		13,741		506,150

				4,153,458

Belgium (0.5%)
Ageas		262,035		750,160
Anheuser-Busch InBev N.V.		87,601		5,153,062
Anheuser-Busch InBev N.V. (VVPR)*		14,910		61
Belgacom S.A.		19,451		758,507
Cie Nationale a Portefeuille		5,974		311,510
Colruyt S.A.		1,719		454,391
Delhaize Group S.A.		12,708		921,646
Dexia S.A.*		62,957		277,390
Groupe Bruxelles Lambert S.A.		10,229		852,299
KBC Groep N.V.*		19,896		892,490
Mobistar S.A.		2,937		179,854
Solvay S.A.		7,867		839,207
UCB S.A.		13,013		450,861
Umicore S.A.		12,801		553,370

				12,394,808

Bermuda (0.0%)
Seadrill Ltd.		34,230		988,867

China (0.0%)
Foxconn International Holdings Ltd.*		266,551		195,821
Yangzijiang Shipbuilding Holdings Ltd.		139,799		187,093

				382,914

Cyprus (0.0%)
Bank of Cyprus Public Co., Ltd.		73,692		371,704

Denmark (0.5%)
A. P. Moller - Maersk A/S, Class A		79		642,341
A. P. Moller - Maersk A/S, Class B		156		1,304,090
Carlsberg A/S, Class B		12,785		1,333,038
Coloplast A/S, Class B		3,008		359,576
Danske Bank A/S*		56,132		1,354,323
DSV A/S		25,724		525,133
Novo Nordisk A/S, Class B		52,650		5,224,743
Novozymes A/S, Class B		5,578		709,647
Tryg A/S		4,087		245,737
Vestas Wind Systems A/S*		24,443		921,061

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
William Demant Holding A/S*		3,604	$	265,942

				12,885,631

Finland (0.6%)
Elisa Oyj*		17,821		409,362
Fortum Oyj		57,843		1,513,217
Kesko Oyj, Class B		8,682		407,386
Kone Oyj, Class B		20,977		1,083,822
Metso Oyj		14,776		677,220
Neste Oil Oyj		17,139		267,760
Nokia Oyj		464,041		4,662,291
Nokian Renkaat Oyj		12,987		445,977
Orion Oyj, Class B		8,785		175,451
Outokumpu Oyj		15,037		298,673
Pohjola Bank plc		17,346		211,049
Rautaruukki Oyj		13,009		268,855
Sampo Oyj, Class A		53,728		1,450,977
Sanoma Oyj		9,487		200,723
Stora Enso Oyj, Class R		66,227		654,559
UPM-Kymmene Oyj		61,047		1,046,105
Wartsila Oyj		9,865		643,778

				14,417,205

France (5.0%)
Accor S.A.		17,882		652,955
Aeroports de Paris S.A.		4,114		335,607
Air France-KLM*		15,245		233,806
Air Liquide S.A.		34,305		4,185,115
Alcatel-Lucent*		272,130		916,324
Alstom S.A.		24,855		1,267,923
Atos Origin S.A.*		5,243		237,012
AXA S.A.		219,347		3,834,993
bioMerieux S.A.		1,606		166,415
BNP Paribas S.A.		116,531		8,287,772
Bouygues S.A.		27,310		1,172,198
Bureau Veritas S.A.		6,706		468,251
Cap Gemini S.A.		16,922		848,936
Carrefour S.A.		75,786		4,072,171
Casino Guichard Perrachon S.A.		7,188		658,104
Christian Dior S.A.		8,127		1,062,267
Cie de Saint-Gobain S.A.		47,975		2,134,065
Cie Generale de Geophysique-Veritas*		19,162		420,574
Cie Generale des Etablissements Michelin, Class B		18,024		1,371,320
Cie Generale d’Optique Essilor International S.A.		24,342		1,674,808
CNP Assurances S.A.		19,574		363,573
Credit Agricole S.A.		112,502		1,758,368
Danone S.A.		71,197		4,258,477
Dassault Systemes S.A.		6,930		509,777
Edenred*		17,602		348,661
EDF S.A.		30,706		1,324,449
Eiffage S.A.		5,422		257,817
Eramet S.A.		734		216,886
Eurazeo S.A.		4,047		271,578
Eutelsat Communications S.A.		13,337		509,087
Fonciere des Regions (REIT)		3,261		347,509
France Telecom S.A.		228,960		4,947,256
GDF Suez S.A.		153,655		5,500,687
Gecina S.A. (REIT)		2,555		303,030
Groupe Eurotunnel S.A. (Registered)		57,452		488,491
Hermes International S.A.		6,746		1,540,411
ICADE (REIT)		2,970		312,005
Iliad S.A.		2,469		257,253
Imerys S.A.		5,038		301,782
Ipsen S.A.		4,743		157,218
J.C. Decaux S.A.*		9,217	$	243,323
Klepierre S.A. (REIT)		12,611		486,360
Lafarge S.A.		24,834		1,421,908
Lagardere S.C.A.		13,450		525,410
Legrand S.A.		15,780		533,715
L’Oreal S.A.		29,667		3,335,783
LVMH Moet Hennessy Louis Vuitton S.A.		30,528		4,478,021
Metropole Television S.A.		9,084		213,620
Natixis S.A.*		109,689		628,041
Neopost S.A.		3,371		250,869
PagesJaunes Groupe S.A.		17,982		188,292
Pernod-Ricard S.A.		24,044		2,007,651
Peugeot S.A.*		17,122		575,720
PPR S.A.		9,269		1,500,521
Publicis Groupe S.A.		15,370		730,008
Renault S.A.*		25,157		1,294,475
Safran S.A.		22,600		635,291
Sanofi-Aventis S.A.		130,484		8,693,998
Schneider Electric S.A.		29,113		3,691,408
SCOR SE		21,993		525,584
Societe BIC S.A.		3,828		307,319
Societe Generale S.A.		78,404		4,515,860
Societe Television Francaise 1 S.A.		15,782		245,699
Sodexo S.A.		12,216		792,705
Suez Environnement Co. S.A.		36,112		667,062
Technip S.A.		11,919		958,503
Thales S.A.		12,931		472,612
Total S.A.		262,937		13,551,159
Unibail-Rodamco S.A. (REIT)		11,379		2,523,095
Vallourec S.A.		13,493		1,340,395
Veolia Environnement		41,378		1,089,813
Vinci S.A.		54,193		2,716,516
Vivendi S.A.		151,898		4,151,853

				123,267,520

Germany (4.0%)
Adidas AG		25,032		1,549,611
Allianz SE (Registered)		56,027		6,331,803
BASF SE		113,690		7,168,965
Bayer AG		102,212		7,127,267
Bayerische Motoren Werke (BMW) AG		40,398		2,832,933
Bayerische Motoren Werke (BMW) AG (Preference)		6,315		294,554
Beiersdorf AG		12,021		735,805
Celesio AG		10,460		227,583
Commerzbank AG*		83,118		688,929
Continental AG*		4,944		384,242
Daimler AG (Registered)*		111,311		7,050,060
Deutsche Bank AG (Registered)		75,860		4,151,641
Deutsche Boerse AG		24,539		1,637,347
Deutsche Lufthansa AG (Registered)*		32,335		594,428
Deutsche Post AG (Registered)		104,141		1,888,914
Deutsche Postbank AG*		12,027		409,321
Deutsche Telekom AG (Registered)		351,282		4,805,613
E.ON AG		225,192		6,640,258
Fraport AG		5,330		324,142
Fresenius Medical Care AG & Co. KGaA		25,241		1,558,936
Fresenius SE		3,235		258,962
Fresenius SE (Preference)		10,287		830,767
GEA Group AG		21,372		534,197
Hannover Rueckversicherung AG (Registered)		8,243		379,145
HeidelbergCement AG		17,276		832,546

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Henkel AG & Co. KGaA		16,680	$	755,276
Henkel AG & Co. KGaA (Preference)		22,554		1,211,422
Hochtief AG		6,308		546,233
Infineon Technologies AG*		132,303		916,420
K+S AG		16,447		984,635
Linde AG		20,366		2,650,902
MAN SE		12,409		1,352,649
Merck KGaA		7,764		652,203
Metro AG		15,333		998,105
Muenchener Rueckversicherungs-Gesellschaft AG (Registered)		23,668		3,278,165
Porsche Automobil Holding SE (Preference)		12,290		608,601
Puma AG Rudolf Dassler Sport		615		202,892
RWE AG		51,845		3,502,080
RWE AG (Preference)		5,338		340,237
Salzgitter AG		4,720		305,737
SAP AG		105,966		5,241,664
Siemens AG (Registered)		100,912		10,651,912
Suedzucker AG		9,471		211,811
ThyssenKrupp AG		41,776		1,362,271
TUI AG*		19,298		236,114
United Internet AG (Registered)		19,699		318,496
Volkswagen AG		3,214		354,155
Volkswagen AG (Preference)		20,932		2,526,252
Wacker Chemie AG		2,121		391,358

				98,837,559

Greece (0.1%)
Alpha Bank AE*		63,293		396,907
Coca Cola Hellenic Bottling Co. S.A.		24,020		633,948
EFG Eurobank Ergasias S.A.*		41,489		249,995
Hellenic Telecommunications Organization S.A.		33,398		240,397
National Bank of Greece S.A.*		77,349		756,048
OPAP S.A.		29,500		466,504
Piraeus Bank S.A.*		34,863		172,523
Public Power Corp. S.A.		13,301		207,256

				3,123,578

Hong Kong (1.4%)
ASM Pacific Technology Ltd.		20,577		183,523
Bank of East Asia Ltd.		171,721		727,045
BOC Hong Kong Holdings Ltd.		433,923		1,375,785
Cathay Pacific Airways Ltd.		134,368		364,545
Cheung Kong Holdings Ltd.		175,508		2,660,155
Cheung Kong Infrastructure Holdings Ltd.		58,113		230,689
CLP Holdings Ltd.		245,628		1,961,200
Esprit Holdings Ltd.		136,200		739,030
Hang Lung Group Ltd.		123,000		802,948
Hang Lung Properties Ltd.		261,111		1,275,461
Hang Seng Bank Ltd.		95,832		1,409,285
Henderson Land Development Co., Ltd.		137,496		979,095
Hong Kong & China Gas Co., Ltd.		520,521		1,317,596
Hong Kong Exchanges and Clearing Ltd.		128,722		2,535,005
Hongkong Electric Holdings Ltd.		162,665		988,504
Hopewell Holdings Ltd.		92,362		298,792
Hutchison Whampoa Ltd.		258,533		2,412,444
Hysan Development Co., Ltd.		83,907		300,639
Kerry Properties Ltd.		84,324		458,634
Li & Fung Ltd.		278,325		1,565,810
Lifestyle International Holdings Ltd.		91,250		225,336
Link REIT (REIT)		251,619		745,889
Mongolia Energy Co., Ltd.*		321,602	$	133,468
MTR Corp.		183,516		694,200
New World Development Ltd.		287,631		579,796
Noble Group Ltd.		434,130		623,911
NWS Holdings Ltd.		113,914		223,457
Orient Overseas International Ltd.		27,705		221,030
PCCW Ltd.		362,065		131,128
Shangri-La Asia Ltd.		174,240		396,589
Sino Land Co., Ltd.		207,735		429,989
Sun Hung Kai Properties Ltd.		177,108		3,058,762
Swire Pacific Ltd., Class A		97,812		1,347,636
Television Broadcasts Ltd.		38,846		221,795
Wharf Holdings Ltd.		169,326		1,088,997
Wheelock & Co., Ltd.		121,774		407,281
Wing Hang Bank Ltd.		21,851		262,054
Yue Yuen Industrial Holdings Ltd.		88,837		329,181

				33,706,684

Ireland (0.3%)
Anglo Irish Bank Corp., Ltd.(b)*†		52,563		—
Bank of Ireland*		439,982		371,880
CRH plc		92,261		1,513,503
Elan Corp. plc*		67,828		381,517
Experian plc		123,370		1,343,048
James Hardie Industries SE (CDI)*		75,616		409,285
Kerry Group plc (Chi-X Alt TS Exchange), Class A		11,821		414,719
Kerry Group plc (Euro Comp Exchange), Class A		6,912		244,050
Ryanair Holdings plc (ADR)		3,835		118,156
Shire plc		70,275		1,583,064

				6,379,222

Israel (0.4%)
Bank Hapoalim B.M.*		107,005		489,725
Bank Leumi Le-Israel B.M.*		131,475		610,739
Bezeq Israeli Telecommunication Corp., Ltd.		186,489		464,891
Cellcom Israel Ltd.		4,269		130,330
Delek Group Ltd.		255		70,009
Discount Investment Corp.		1,633		32,602
Elbit Systems Ltd.		1,967		104,819
Israel Chemicals Ltd.		50,181		707,857
Israel Corp., Ltd.*		217		207,325
Israel Discount Bank Ltd., Class A*		39,757		78,861
Makhteshim-Agan Industries Ltd.*		19,960		73,979
Mizrahi Tefahot Bank Ltd.		10,248		94,957
NICE Systems Ltd.*		5,906		181,928
Ormat Industries		3,260		26,940
Partner Communications Co., Ltd.		7,417		137,450
Teva Pharmaceutical Industries Ltd.		113,418		6,159,148

				9,571,560

Italy (1.4%)
A2A S.p.A.		167,620		257,071
Assicurazioni Generali S.p.A.		140,202		2,822,996
Atlantia S.p.A.		27,467		569,155
Autogrill S.p.A.*		17,637		221,201
Banca Carige S.p.A.		107,993		251,454
Banca Monte dei Paschi di Siena S.p.A.*		288,862		400,092
Banca Popolare di Milano S.c.a.r.l.		47,587		227,055
Banco Popolare S.c.a.r.l.		74,064		443,248
Enel S.p.A.		808,055		4,307,182
ENI S.p.A.		319,676		6,898,687
Exor S.p.A.		7,728		179,098
Fiat S.p.A.		90,070		1,389,959

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Finmeccanica S.p.A.		47,823	$	568,172
Intesa Sanpaolo S.p.A. (BATS Europe Exchange)		190,354		490,196
Intesa Sanpaolo S.p.A. (XetraIntlMkt Exchange)		916,549		2,976,899
Luxottica Group S.p.A.		15,594		426,446
Mediaset S.p.A.		87,516		620,392
Mediobanca S.p.A.*		62,050		576,902
Mediolanum S.p.A.		31,593		140,513
Parmalat S.p.A.		204,454		524,555
Pirelli & C. S.p.A.		24,357		198,232
Prysmian S.p.A.		19,739		360,583
Saipem S.p.A.		30,787		1,233,090
Snam Rete Gas S.p.A.		168,071		851,191
Telecom Italia S.p.A.		1,189,377		1,661,954
Telecom Italia S.p.A. (RNC)		756,276		852,116
Terna Rete Elettrica Nazionale S.p.A.		146,281		621,684
UniCredit S.p.A.		1,768,518		4,515,676
Unione di Banche Italiane S.c.p.A.		72,183		699,649

				35,285,448

Japan (10.9%)
77 Bank Ltd.		33,541		169,955
ABC-Mart, Inc.		2,260		69,576
Acom Co., Ltd.		6,184		93,560
Advantest Corp.		19,802		394,000
Aeon Co., Ltd.		69,548		746,466
Aeon Credit Service Co., Ltd.		9,662		104,050
Aeon Mall Co., Ltd.		10,538		256,128
Air Water, Inc.		15,000		178,246
Aisin Seiki Co., Ltd.		24,562		766,165
Ajinomoto Co., Inc.		84,832		830,232
Alfresa Holdings Corp.		4,534		193,352
All Nippon Airways Co., Ltd.*		95,698		354,225
Amada Co., Ltd.		42,852		293,619
Aozora Bank Ltd.		112,082		165,142
Asahi Breweries Ltd.		44,813		896,475
Asahi Glass Co., Ltd.		131,248		1,337,950
Asahi Kasei Corp.		156,922		864,688
Asics Corp.		19,052		194,217
Astellas Pharma, Inc.		55,870		2,017,825
Bank of Kyoto Ltd.		42,918		348,053
Bank of Yokohama Ltd.		137,300		641,435
Benesse Holdings, Inc.		7,626		367,232
Bridgestone Corp.		80,036		1,458,251
Brother Industries Ltd.		29,485		364,147
Canon Marketing Japan, Inc.		8,438		116,139
Canon, Inc.		139,070		6,488,712
Casio Computer Co., Ltd.		34,073		252,650
Central Japan Railway Co.		183		1,345,975
Chiba Bank Ltd.		85,328		497,781
Chiyoda Corp.		16,000		130,906
Chubu Electric Power Co., Inc.		80,646		1,992,965
Chugai Pharmaceutical Co., Ltd.		29,253		537,543
Chugoku Bank Ltd.		22,489		273,435
Chugoku Electric Power Co., Inc.		37,638		742,570
Chuo Mitsui Trust Holdings, Inc.		118,129		391,971
Citizen Holdings Co., Ltd.		34,611		207,716
Coca-Cola West Co., Ltd.		4,889		82,459
Cosmo Oil Co., Ltd.		55,778		145,659
Credit Saison Co., Ltd.		20,684		276,513
Dai Nippon Printing Co., Ltd.		74,838		913,511
Daicel Chemical Industries Ltd.		37,045		249,393
Daido Steel Co., Ltd.		38,481		187,150
Daihatsu Motor Co., Ltd.		23,800		318,455
Dai-ichi Life Insurance Co., Ltd.		1,033		1,247,321
Daiichi Sankyo Co., Ltd.		81,413	$	1,655,957
Daikin Industries Ltd.		29,377		1,104,981
Dainippon Sumitomo Pharma Co., Ltd.		29,008		242,892
Daito Trust Construction Co., Ltd.		9,462		565,589
Daiwa House Industry Co., Ltd.		64,342		647,428
Daiwa Securities Group, Inc.		197,824		798,595
DeNA Co., Ltd.		9,412		296,408
Denki Kagaku Kogyo KK		51,282		220,535
Denso Corp.		62,688		1,858,563
Dentsu, Inc.		21,822		505,555
Dowa Holdings Co., Ltd.		27,608		164,365
East Japan Railway Co.		42,432		2,561,779
Eisai Co., Ltd.		33,346		1,165,992
Electric Power Development Co., Ltd.		14,397		432,876
Elpida Memory, Inc.*		21,761		250,246
FamilyMart Co., Ltd.		6,296		225,730
Fanuc Ltd.		23,756		3,024,991
Fast Retailing Co., Ltd.		6,284		885,240
Fuji Electric Holdings Co., Ltd.		73,712		193,375
Fuji Heavy Industries Ltd.		74,520		474,900
Fuji Media Holdings, Inc.		45		57,301
Fujifilm Holdings Corp.		56,732		1,879,061
Fujitsu Ltd.		228,258		1,602,290
Fukuoka Financial Group, Inc.		99,017		396,163
Furukawa Electric Co., Ltd.		77,712		292,304
GS Yuasa Corp.		41,037		288,557
Gunma Bank Ltd.		46,726		244,601
Hachijuni Bank Ltd.		50,684		264,713
Hakuhodo DY Holdings, Inc.		2,434		117,793
Hamamatsu Photonics KK		8,300		270,734
Hankyu Hanshin Holdings, Inc.		138,552		665,541
Hino Motors Ltd.		29,170		140,818
Hirose Electric Co., Ltd.		4,334		436,619
Hiroshima Bank Ltd.		57,720		235,084
Hisamitsu Pharmaceutical Co., Inc.		8,533		348,557
Hitachi Chemical Co., Ltd.		13,512		252,177
Hitachi Construction Machinery Co., Ltd.		11,987		259,182
Hitachi High-Technologies Corp.		8,382		154,627
Hitachi Ltd.		557,589		2,437,949
Hitachi Metals Ltd.		22,614		266,286
Hokkaido Electric Power Co., Inc.		21,532		428,680
Hokuhoku Financial Group, Inc.		162,048		296,997
Hokuriku Electric Power Co.		21,062		480,884
Honda Motor Co., Ltd.		204,796		7,268,933
HOYA Corp.		55,898		1,362,631
Ibiden Co., Ltd.		16,666		423,038
Idemitsu Kosan Co., Ltd.		2,410		206,703
IHI Corp.		165,166		316,562
INPEX Corp.		269		1,266,375
Isetan Mitsukoshi Holdings Ltd.		48,532		504,040
Isuzu Motors Ltd.		151,862		585,764
Ito En Ltd.		11,089		182,116
ITOCHU Corp.		185,968		1,701,959
ITOCHU Techno-Solutions Corp.		2,475		80,820
Iyo Bank Ltd.		31,422		254,824
J. Front Retailing Co., Ltd.		59,332		275,764
Jafco Co., Ltd.		2,484		58,648
Japan Petroleum Exploration Co.		3,090		116,412
Japan Prime Realty Investment Corp. (REIT)		77		169,533
Japan Real Estate Investment Corp. (REIT)		63		572,796
Japan Retail Fund Investment Corp. (REIT)		187		263,207

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Japan Steel Works Ltd.		43,978	$	414,072
Japan Tobacco, Inc.		568		1,890,838
JFE Holdings, Inc.		58,924		1,802,024
JGC Corp.		25,674		445,635
Joyo Bank Ltd.		83,520		364,174
JS Group Corp.		29,677		581,951
JSR Corp.		20,182		343,539
JTEKT Corp.		24,018		221,249
Jupiter Telecommunications Co., Ltd.		252		271,682
JX Holdings, Inc.		277,071		1,606,401
Kajima Corp.		108,261		260,667
Kamigumi Co., Ltd.		25,296		187,872
Kaneka Corp.		36,356		218,188
Kansai Electric Power Co., Inc.		93,477		2,269,740
Kansai Paint Co., Ltd.		26,548		226,110
Kao Corp.		66,033		1,608,902
Kawasaki Heavy Industries Ltd.		157,160		446,178
Kawasaki Kisen Kaisha Ltd.		69,838		262,687
KDDI Corp.		357		1,708,451
Keihin Electric Express Railway Co., Ltd.		65,534		633,516
Keio Corp.		74,653		513,306
Keisei Electric Railway Co., Ltd.		28,784		184,813
Keyence Corp.		5,521		1,201,022
Kikkoman Corp.		19,883		219,361
Kinden Corp.		18,304		165,324
Kintetsu Corp.		183,020		618,252
Kirin Holdings Co., Ltd.		103,609		1,470,731
Kobe Steel Ltd.		313,905		737,007
Koito Manufacturing Co., Ltd.		10,000		153,330
Komatsu Ltd.		117,028		2,716,822
Konami Corp.		9,912		175,015
Konica Minolta Holdings, Inc.		60,564		590,550
Kubota Corp.		143,492		1,313,223
Kuraray Co., Ltd.		39,508		498,819
Kurita Water Industries Ltd.		13,686		379,857
Kyocera Corp.		20,096		1,899,346
Kyowa Hakko Kirin Co., Ltd.		35,733		353,991
Kyushu Electric Power Co., Inc.		49,312		1,125,882
Lawson, Inc.		6,920		317,070
Mabuchi Motor Co., Ltd.		2,811		143,783
Makita Corp.		12,854		407,577
Marubeni Corp.		203,598		1,151,153
Marui Group Co., Ltd.		23,114		173,050
Maruichi Steel Tube Ltd.		3,138		60,144
Matsui Securities Co., Ltd.		18,936		105,931
Mazda Motor Corp.		167,621		403,592
McDonald’s Holdings Co. Japan Ltd.		7,160		172,396
Medipal Holdings Corp.		17,678		224,681
MEIJI Holdings Co., Ltd.		9,382		441,678
Minebea Co., Ltd.		35,289		181,771
Mitsubishi Chemical Holdings Corp.		151,141		767,654
Mitsubishi Corp.		166,016		3,939,599
Mitsubishi Electric Corp.		239,629		2,061,016
Mitsubishi Estate Co., Ltd.		151,989		2,472,461
Mitsubishi Gas Chemical Co., Inc.		47,717		277,225
Mitsubishi Heavy Industries Ltd.		390,744		1,441,652
Mitsubishi Logistics Corp.		14,244		170,798
Mitsubishi Materials Corp.*		141,181		405,887
Mitsubishi Motors Corp.*		498,782		651,261
Mitsubishi Tanabe Pharma Corp.		30,110		490,532
Mitsubishi UFJ Financial Group, Inc.		1,568,414		7,308,494
Mitsubishi UFJ Lease & Finance Co., Ltd.		7,610		267,553
Mitsui & Co., Ltd.		216,846		3,226,195
Mitsui Chemicals, Inc.		114,712	$	309,178
Mitsui Engineering & Shipbuilding Co., Ltd.		91,142		206,347
Mitsui Fudosan Co., Ltd.		104,573		1,763,761
Mitsui Mining & Smelting Co., Ltd.		53,879		154,253
Mitsui O.S.K. Lines Ltd.		134,425		845,390
Mitsumi Electric Co., Ltd.		10,800		165,597
Mizuho Financial Group, Inc.		2,483,444		3,629,374
Mizuho Securities Co., Ltd.		67,584		154,630
Mizuho Trust & Banking Co., Ltd.*		205,412		172,243
MS&AD Insurance Group Holdings, Inc.		66,904		1,536,356
Murata Manufacturing Co., Ltd.		26,129		1,377,187
Namco Bandai Holdings, Inc.		30,481		282,610
NEC Corp.		342,258		910,173
NGK Insulators Ltd.		29,733		494,007
NGK Spark Plug Co., Ltd.		21,539		288,201
NHK Spring Co., Ltd.		17,925		148,373
Nidec Corp.		14,354		1,275,835
Nikon Corp.		37,941		703,554
Nintendo Co., Ltd.		12,461		3,113,757
Nippon Building Fund, Inc. (REIT)		67		586,691
Nippon Electric Glass Co., Ltd.		41,978		572,244
Nippon Express Co., Ltd.		91,573		347,732
Nippon Meat Packers, Inc.		19,925		243,931
Nippon Paper Group, Inc.		12,093		302,615
Nippon Sheet Glass Co., Ltd.		63,586		138,628
Nippon Steel Corp.		620,433		2,110,721
Nippon Telegraph & Telephone Corp.		64,069		2,797,455
Nippon Yusen KK		171,558		702,837
Nishi-Nippon City Bank Ltd.		77,520		221,937
Nissan Chemical Industries Ltd.		18,304		206,326
Nissan Motor Co., Ltd.		310,452		2,711,063
Nissha Printing Co., Ltd.		2,800		63,627
Nisshin Seifun Group, Inc.		20,862		274,145
Nisshin Steel Co., Ltd.		52,328		93,398
Nisshinbo Holdings, Inc.		18,866		189,157
Nissin Food Holdings Co., Ltd.		8,794		317,608
Nitori Holdings Co., Ltd.		4,075		340,722
Nitto Denko Corp.		19,589		766,149
NKSJ Holdings, Inc.*		170,515		1,070,315
NOK Corp.		15,636		272,150
Nomura Holdings, Inc.		425,592		2,059,645
Nomura Real Estate Holdings, Inc.		14,125		200,505
Nomura Real Estate Office Fund, Inc. (REIT)		34		188,776
Nomura Research Institute Ltd.		12,912		242,680
NSK Ltd.		59,030		400,227
NTN Corp.		47,340		204,149
NTT Data Corp.		165		521,604
NTT DoCoMo, Inc.		1,873		3,118,675
NTT Urban Development Corp.		124		104,274
Obayashi Corp.		81,334		323,465
Obic Co., Ltd.		722		136,478
Odakyu Electric Railway Co., Ltd.		75,897		701,874
OJI Paper Co., Ltd.		109,388		483,519
Olympus Corp.		25,648		671,616
Omron Corp.		26,356		598,598
Ono Pharmaceutical Co., Ltd.		11,325		493,129
Oracle Corp. Japan		5,460		259,984
Oriental Land Co., Ltd.		6,014		560,481
ORIX Corp.		12,379		946,071
Osaka Gas Co., Ltd.		231,132		833,382
Otsuka Corp.		1,261		83,684
Panasonic Corp.		238,214		3,227,360

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Panasonic Electric Works Co., Ltd.		49,474	$	656,058
Rakuten, Inc.		833		609,683
Resona Holdings, Inc.		72,967		654,675
Ricoh Co., Ltd.		88,420		1,246,650
Rinnai Corp.		4,316		253,852
Rohm Co., Ltd.		11,574		714,017
Sankyo Co., Ltd.		7,502		397,207
Santen Pharmaceutical Co., Ltd.		7,869		272,512
Sanyo Electric Co., Ltd.*		195,517		323,207
Sapporo Hokuyo Holdings, Inc.		30,763		142,244
Sapporo Holdings Ltd.		26,296		123,164
SBI Holdings, Inc.		2,511		314,928
Secom Co., Ltd.		26,173		1,181,986
Sega Sammy Holdings, Inc.		25,925		396,266
Seiko Epson Corp.		20,278		307,279
Sekisui Chemical Co., Ltd.		45,786		276,976
Sekisui House Ltd.		65,030		584,242
Senshu Ikeda Holdings, Inc.		87,851		131,545
Seven & I Holdings Co., Ltd.		93,388		2,188,152
Seven Bank Ltd.		64		114,614
Sharp Corp.		124,062		1,234,973
Shikoku Electric Power Co., Inc.		21,457		615,591
Shimadzu Corp.		25,860		198,875
Shimamura Co., Ltd.		2,954		274,239
Shimano, Inc.		9,164		485,205
Shimizu Corp.		75,090		277,945
Shin-Etsu Chemical Co., Ltd.		51,436		2,504,640
Shinko Electric Industries Co., Ltd.		7,448		82,349
Shinsei Bank Ltd.*		151,420		107,017
Shionogi & Co., Ltd.		39,693		726,532
Shiseido Co., Ltd.		41,778		937,853
Shizuoka Bank Ltd.		77,276		665,566
Showa Denko KK		155,618		298,262
Showa Shell Sekiyu KK		27,825		212,654
SMC Corp.		6,952		916,884
Softbank Corp.		98,328		3,216,744
Sojitz Corp.		168,658		303,051
Sony Corp.		124,236		3,841,077
Sony Financial Holdings, Inc.		126		410,541
Square Enix Holdings Co., Ltd.		10,776		241,518
Stanley Electric Co., Ltd.		19,116		304,555
Sumco Corp.*		14,848		231,578
Sumitomo Chemical Co., Ltd.		193,842		849,858
Sumitomo Corp.		138,972		1,791,254
Sumitomo Electric Industries Ltd.		99,440		1,212,625
Sumitomo Heavy Industries Ltd.		72,216		371,980
Sumitomo Metal Industries Ltd.		433,280		1,095,137
Sumitomo Metal Mining Co., Ltd.		63,216		965,505
Sumitomo Mitsui Financial Group, Inc.		164,512		4,792,683
Sumitomo Realty & Development Co., Ltd.		46,474		960,322
Sumitomo Rubber Industries Ltd.		23,764		232,004
Sumitomo Trust & Banking Co., Ltd.		164,908		825,725
Suruga Bank Ltd.		26,110		230,198
Suzuken Co., Ltd.		9,394		310,920
Suzuki Motor Corp.		41,264		867,987
Sysmex Corp.		3,600		249,689
T&D Holdings, Inc.		30,748		640,890
Taiheiyo Cement Corp.*		76,446		89,743
Taisei Corp.		130,613		269,112
Taisho Pharmaceutical Co., Ltd.		17,429		352,630
Taiyo Nippon Sanso Corp.		42,608		362,382
Takashimaya Co., Ltd.		35,045		270,352
Takeda Pharmaceutical Co., Ltd.		92,677		4,257,502
TDK Corp.		14,429		804,588
Teijin Ltd.		119,750	$	395,915
Terumo Corp.		21,950		1,164,812
THK Co., Ltd.		16,992		318,346
Tobu Railway Co., Ltd.		90,009		518,619
Toho Co., Ltd.		14,754		237,358
Toho Gas Co., Ltd.		41,306		204,353
Tohoku Electric Power Co., Inc.		54,441		1,203,858
Tokio Marine Holdings, Inc.		89,685		2,419,389
Tokuyama Corp.		39,548		200,867
Tokyo Electric Power Co., Inc.		150,342		3,666,702
Tokyo Electron Ltd.		21,764		1,091,068
Tokyo Gas Co., Ltd.		301,289		1,367,855
Tokyo Steel Manufacturing Co., Ltd.		15,424		181,991
Tokyo Tatemono Co., Ltd.		34,152		130,913
Tokyu Corp.		142,989		632,043
Tokyu Land Corp.		43,306		179,491
TonenGeneral Sekiyu KK		38,170		353,443
Toppan Printing Co., Ltd.		73,090		571,727
Toray Industries, Inc.		174,226		970,473
Toshiba Corp.		492,317		2,382,559
Tosoh Corp.		44,905		121,030
TOTO Ltd.		31,800		217,892
Toyo Seikan Kaisha Ltd.		22,096		398,088
Toyo Suisan Kaisha Ltd.		13,244		273,035
Toyoda Gosei Co., Ltd.		9,058		199,649
Toyota Boshoku Corp.		7,508		124,923
Toyota Industries Corp.		23,382		624,323
Toyota Motor Corp.		343,164		12,323,978
Toyota Tsusho Corp.		27,886		410,874
Trend Micro, Inc.		13,418		400,386
Tsumura & Co.		6,296		195,788
Ube Industries Ltd.		114,877		254,579
Unicharm Corp.		14,406		579,829
UNY Co., Ltd.		20,567		162,604
Ushio, Inc.		12,336		207,620
USS Co., Ltd.		3,079		229,782
West Japan Railway Co.		198		710,125
Yahoo! Japan Corp.		1,846		637,741
Yakult Honsha Co., Ltd.		13,293		410,510
Yamada Denki Co., Ltd.		9,458		586,876
Yamaguchi Financial Group, Inc.		26,237		247,347
Yamaha Corp.		22,621		262,575
Yamaha Motor Co., Ltd.*		29,068		436,299
Yamato Holdings Co., Ltd.		48,864		591,191
Yamato Kogyo Co., Ltd.		5,446		131,910
Yamazaki Baking Co., Ltd.		12,429		151,566
Yaskawa Electric Corp.		27,145		218,838
Yokogawa Electric Corp.		29,097		197,977

				270,050,095

Luxembourg (0.3%)
ArcelorMittal S.A.		111,408		3,669,347
Millicom International Cellular S.A. (SDR)		9,393		896,051
SES S.A.		37,102		891,966
Tenaris S.A.		58,103		1,114,470

				6,571,834

Macau (0.0%)
Sands China Ltd.*		255,696		461,376
Wynn Macau Ltd.*		148,300		256,505

				717,881

Mexico (0.0%)
Fresnillo plc		23,115		450,987

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Netherlands (2.4%)
Aegon N.V.*		184,773	$	1,107,064
Akzo Nobel N.V.		27,993		1,726,997
ASML Holding N.V.		51,783		1,546,696
Corio N.V. (REIT)		7,004		478,842
Delta Lloyd N.V.		15,389		287,623
European Aeronautic Defence and Space Co. N.V.*		48,621		1,212,640
Fugro N.V. (CVA)		9,673		636,061
Heineken Holding N.V.		19,584		856,735
Heineken N.V.		30,626		1,588,204
ING Groep N.V. (CVA)*		467,837		4,853,497
Koninklijke (Royal) KPN N.V.		199,682		3,088,296
Koninklijke Ahold N.V.		141,450		1,906,720
Koninklijke Boskalis Westminster N.V.		7,543		316,562
Koninklijke DSM N.V.		18,531		949,360
Koninklijke Philips Electronics N.V.		118,592		3,727,314
Koninklijke Vopak N.V.		11,761		561,322
QIAGEN N.V.*		29,865		534,364
Randstad Holding N.V.*		12,956		588,595
Reed Elsevier N.V.		86,215		1,087,177
Royal Dutch Shell plc, Class A		440,088		13,245,964
Royal Dutch Shell plc, Class B		337,769		9,853,267
SBM Offshore N.V.		15,105		286,227
TNT N.V.		42,688		1,147,012
Unilever N.V. (CVA)		198,345		5,928,385
Wolters Kluwer N.V.		34,652		727,486

				58,242,410

New Zealand (0.0%)
Auckland International Airport Ltd.		91,988		138,358
Contact Energy Ltd.*		32,764		136,060
Fletcher Building Ltd.		83,747		495,248
Sky City Entertainment Group Ltd.		65,550		136,106
Telecom Corp. of New Zealand Ltd.		251,590		372,875

				1,278,647

Norway (0.4%)
Aker Solutions ASA		17,398		252,192
DnB NOR ASA		121,399		1,652,396
Norsk Hydro ASA		108,578		655,402
Orkla ASA		97,411		897,729
Renewable Energy Corp. ASA*		71,415		241,889
Statoil ASA		133,458		2,784,370
Telenor ASA		104,238		1,632,388
Yara International ASA		23,139		1,046,560

				9,162,926

Portugal (0.1%)
Banco Comercial Portugues S.A. (Registered)		295,363		257,296
Banco Espirito Santo S.A. (Registered)		70,349		325,592
Brisa Auto-Estradas de Portugal S.A.		22,658		146,103
Cimpor Cimentos de Portugal SGPS S.A.		27,638		177,913
EDP - Energias de Portugal S.A.		231,571		793,643
Galp Energia SGPS S.A., Class B		24,604		424,634
Jeronimo Martins SGPS S.A.		23,512		314,437
Portugal Telecom SGPS S.A. (Registered)		74,313		991,797

				3,431,415

Singapore (0.8%)
Ascendas Real Estate Investment Trust (REIT)		287,256		478,360
CapitaLand Ltd.		299,507		924,643
CapitaMall Trust (REIT)		274,182		448,248
CapitaMalls Asia Ltd.		198,801		326,523
City Developments Ltd.		65,569	$	636,195
ComfortDelgro Corp., Ltd.		188,450		217,812
Cosco Corp. (Singapore) Ltd.		243,874		328,231
DBS Group Holdings Ltd.		207,770		2,224,471
Fraser and Neave Ltd.		128,313		634,199
Genting Singapore plc*		742,772		1,050,533
Golden Agri-Resources Ltd.		767,095		332,480
Jardine Cycle & Carriage Ltd.		11,094		331,529
Keppel Corp., Ltd.		158,751		1,084,012
Keppel Land Ltd.		71,000		218,653
Neptune Orient Lines Ltd.*		149,724		225,423
Olam International Ltd.		140,504		348,295
Oversea-Chinese Banking Corp., Ltd.		299,631		2,016,375
SembCorp Industries Ltd.		98,109		325,264
SembCorp Marine Ltd.		97,768		292,167
Singapore Airlines Ltd.		66,548		825,841
Singapore Exchange Ltd.		101,062		693,163
Singapore Press Holdings Ltd.		178,997		578,463
Singapore Technologies Engineering Ltd.		193,179		493,560
Singapore Telecommunications Ltd.		961,645		2,296,073
StarHub Ltd.		105,152		206,290
United Overseas Bank Ltd.		149,135		2,077,525
UOL Group Ltd.		62,059		218,488
Wilmar International Ltd.		194,874		890,573

				20,723,389

Spain (2.0%)
Abertis Infraestructuras S.A.		37,133		691,997
Acciona S.A.		4,067		343,527
Acerinox S.A.		10,791		192,050
ACS Actividades de Construccion y Servicios S.A.		18,160		906,711
Banco Bilbao Vizcaya Argentaria S.A.		443,445		5,987,834
Banco de Sabadell S.A.		114,235		572,155
Banco de Valencia S.A.		43,675		248,877
Banco Popular Espanol S.A.		104,584		662,970
Banco Santander S.A. (BATS Europe Exchange)		1,021,472		12,974,125
Banco Santander S.A. (PLUS Market Group)		252		3,209
Bankinter S.A.		52,421		364,247
Criteria Caixacorp S.A.		109,701		576,216
EDP Renovaveis S.A.*		27,399		155,009
Enagas S.A.		19,808		401,403
Ferrovial S.A.		57,327		536,038
Fomento de Construcciones y Contratas S.A.		4,737		130,962
Gamesa Corp. Tecnologica S.A.*		22,857		160,006
Gas Natural SDG S.A.		25,000		372,678
Gestevision Telecinco S.A.		10,045		110,646
Grifols S.A.		13,565		194,541
Iberdrola Renovables S.A.		138,020		458,724
Iberdrola S.A.		481,233		3,702,039
Iberia Lineas Aereas de Espana S.A.*		69,432		267,963
Inditex S.A.		26,775		2,126,914
Indra Sistemas S.A.		10,423		198,786
Mapfre S.A.		99,482		302,701
Red Electrica Corporacion S.A.		12,478		586,782
Repsol YPF S.A.		88,403		2,277,138
Telefonica S.A.		509,636		12,620,339
Zardoya Otis S.A.		17,598		314,995

				48,441,582

Sweden (1.6%)
Alfa Laval AB		37,325		653,984

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Assa Abloy AB, Class B		37,240	$	939,239
Atlas Copco AB, Class A		79,624		1,536,876
Atlas Copco AB, Class B		57,849		1,017,884
Boliden AB		27,541		417,180
Electrolux AB, Class B		27,250		671,108
Getinge AB, Class B		24,443		571,153
Hennes & Mauritz AB, Class B		122,745		4,445,178
Hexagon AB, Class B		23,698		508,391
Holmen AB, Class B		9,610		296,412
Husqvarna AB, Class B		66,974		495,820
Investor AB, Class B		56,503		1,147,605
Kinnevik Investment AB, Class B		27,442		580,975
Modern Times Group AB, Class B		5,301		395,195
Nordea Bank AB		404,171		4,209,396
Ratos AB, Class B		13,115		452,969
Sandvik AB		118,758		1,820,039
Scania AB, Class B		38,613		852,421
Securitas AB, Class B		38,008		409,382
Skandinaviska Enskilda Banken AB, Class A		177,292		1,314,628
Skanska AB, Class B		47,658		873,213
SKF AB, Class B		44,206		1,016,554
SSAB AB, Class A		24,320		387,873
SSAB AB, Class B		8,808		123,685
Svenska Cellulosa AB, Class B		72,649		1,104,768
Svenska Handelsbanken AB, Class A		59,856		1,961,647
Swedbank AB, Class A*		89,913		1,246,578
Swedish Match AB		28,186		751,866
Tele2 AB, Class B		35,551		746,321
Telefonaktiebolaget LM Ericsson, Class B		372,686		4,091,592
TeliaSonera AB		293,178		2,374,880
Volvo AB, Class B*		126,237		1,854,127

				39,268,939

Switzerland (4.2%)
ABB Ltd. (Registered)*		262,738		5,537,377
Actelion Ltd. (Registered)*		12,546		502,657
Adecco S.A. (Registered)		12,803		669,042
Aryzta AG		12,480		546,115
Baloise Holding AG (Registered)		6,518		587,691
Cie Financiere Richemont S.A., Class A		62,146		2,992,039
Credit Suisse Group AG (Registered)		140,601		6,009,507
GAM Holding Ltd.*		35,184		533,498
Geberit AG (Registered)		4,897		872,106
Givaudan S.A. (Registered)		968		989,032
Holcim Ltd. (Registered)		29,244		1,877,878
Julius Baer Group Ltd.		21,208		772,004
Kuehne + Nagel International AG (Registered)		7,008		841,545
Lindt & Spruengli AG		71		170,229
Lindt & Spruengli AG (Registered)		15		419,020
Logitech International S.A. (Registered)*		19,895		346,616
Lonza Group AG (Registered)		4,623		394,953
Nestle S.A. (Registered)		429,249		22,867,944
Nobel Biocare Holding AG (Registered)		18,091		324,944
Novartis AG (Registered)		258,946		14,849,241
Pargesa Holding S.A.		4,848		353,986
Roche Holding AG		86,213		11,774,065
Schindler Holding AG		6,196		664,589
Schindler Holding AG (Registered)		4,538		484,903
SGS S.A. (Registered)		667		1,077,898
Sika AG		282		520,293
Sonova Holding AG (Registered)		8,043	$	982,201
STMicroelectronics N.V.		78,637		602,046
Straumann Holding AG (Registered)		1,945		434,070
Swatch Group AG		3,604		1,355,924
Swatch Group AG (Registered)		9,475		654,712
Swiss Life Holding AG (Registered)*		4,974		566,418
Swiss Reinsurance Co., Ltd. (Registered)		41,989		1,841,252
Swisscom AG (Registered)		2,910		1,173,595
Syngenta AG (Registered)		11,468		2,849,932
UBS AG (Registered)*		447,026		7,588,046
Xstrata plc		249,193		4,767,950
Zurich Financial Services AG		17,685		4,144,767

				103,940,085

United Kingdom (9.8%)
3i Group plc		134,132		603,678
Admiral Group plc		30,551		799,556
Aggreko plc		28,801		710,323
AMEC plc		43,724		677,244
Anglo American plc		161,289		6,398,831
Antofagasta plc		45,574		884,880
ARM Holdings plc		158,014		973,535
Associated British Foods plc		46,522		766,624
AstraZeneca plc		180,151		9,150,779
Autonomy Corp. plc*		26,689		760,114
Aviva plc		339,905		2,129,954
Babcock International Group plc		44,851		401,602
BAE Systems plc		430,634		2,315,601
Balfour Beatty plc		73,440		308,606
Barclays plc		1,424,115		6,702,478
BG Group plc		417,926		7,343,176
BHP Billiton plc		270,852		8,615,998
BP plc		2,337,418		15,708,174
British Airways plc*		81,022		309,030
British American Tobacco plc		247,639		9,237,187
British Land Co. plc (REIT)		99,939		730,023
British Sky Broadcasting Group plc		148,137		1,641,758
BT Group plc, Class A		955,780		2,102,009
Bunzl plc		40,833		486,857
Burberry Group plc		52,522		858,071
Cable & Wireless Worldwide plc		313,471		362,183
Cairn Energy plc*		164,890		1,174,941
Capita Group plc		75,812		936,072
Capital Shopping Centres Group plc (REIT)		58,286		336,672
Carnival plc		19,533		767,723
Centrica plc		629,710		3,200,099
Cobham plc		161,080		584,524
Compass Group plc		233,873		1,949,010
Diageo plc		313,291		5,393,951
Eurasian Natural Resources Corp.		35,396		510,719
Firstgroup plc		58,539		333,627
G4S plc		174,114		696,371
GlaxoSmithKline plc		647,931		12,768,738
Hammerson plc (REIT)		90,958		563,399
Home Retail Group plc		111,755		361,645
HSBC Holdings plc		2,171,112		21,998,369
ICAP plc		69,840		473,406
Imperial Tobacco Group plc		125,708		3,746,095
Inmarsat plc		50,028		521,438
Intercontinental Hotels Group plc		37,149		662,940
International Power plc		176,466		1,075,576
Intertek Group plc		19,810		569,487
Invensys plc		123,575		579,460
Investec plc		56,139		448,440

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
ITV plc*		372,270	$	348,833
J Sainsbury plc		153,103		939,671
Johnson Matthey plc		27,779		768,902
Kazakhmys plc		26,675		608,443
Kingfisher plc		277,062		1,019,324
Land Securities Group plc (REIT)		99,055		996,653
Legal & General Group plc		684,558		1,113,010
Lloyds Banking Group plc*		4,975,793		5,793,570
London Stock Exchange Group plc		23,691		253,442
Lonmin plc*		20,264		531,288
Man Group plc		211,377		727,526
Marks & Spencer Group plc		185,999		1,133,973
National Grid plc		423,114		3,589,217
Next plc		22,495		783,077
Old Mutual plc		625,842		1,364,592
Pearson plc		102,711		1,590,091
Petrofac Ltd.		29,152		628,764
Prudential plc		320,930		3,208,908
Randgold Resources Ltd.		11,801		1,180,883
Reckitt Benckiser Group plc		74,565		4,100,867
Reed Elsevier plc		146,501		1,238,145
Resolution Ltd.		175,072		673,800
Rexam plc		97,789		471,603
Rio Tinto plc		177,955		10,402,037
Rolls-Royce Group plc*		220,201		2,087,589
Royal Bank of Scotland Group plc*		2,117,842		1,570,638
RSA Insurance Group plc		396,756		814,606
SABMiller plc		117,882		3,769,356
Sage Group plc		170,589		740,424
Schroders plc		15,149		342,209
Scottish & Southern Energy plc		117,094		2,056,482
Segro plc (REIT)		93,591		401,370
Serco Group plc		55,248		533,753
Severn Trent plc		28,986		596,952
Smith & Nephew plc		107,695		982,079
Smiths Group plc		48,080		920,697
Standard Chartered plc		252,633		7,246,685
Standard Life plc		270,121		981,058
Tesco plc		988,169		6,581,814
Thomas Cook Group plc		43,358		117,015
TUI Travel plc		72,327		243,598
Tullow Oil plc		108,818		2,177,804
Unilever plc		158,207		4,575,389
United Utilities Group plc		87,380		786,530
Vedanta Resources plc		19,093		649,353
Vodafone Group plc		6,529,451		16,113,927
Whitbread plc		22,485		573,624
WM Morrison Supermarkets plc		263,123		1,222,246
Wolseley plc*		34,292		861,370
WPP plc		154,217		1,706,718

				242,750,878

United States (0.0%)
Synthes, Inc.		6,604		763,461


Total Common Stocks (51.3%) (Cost $1,265,110,895)				1,270,890,021


	Number of Rights		Value (Note 1)
RIGHTS:
Cyprus (0.0%)
Bank of Cyprus Public Co., Ltd., expiring 10/21/10*		73,836		45,296

France (0.0%)
Cie Generale des Etablissements Michelin, expiring 10/13/10*		18,024	$	50,322

Germany (0.1%)
Deutsche Bank AG, expiring 10/5/10*		75,860		367,127

Greece (0.0%)
National Bank of Greece S.A., expiring 10/11/10*		155,154		107,872

Total Rights (0.1%) (Cost $—)				570,617


	Number of Warrants		Value (Note 1)
WARRANTS:
France (0.0%)
Fonciere des Regions, expiring 12/31/10*		675		911

Hong Kong (0.0%)
Henderson Land Development Co., Ltd., expiring 6/1/11*		12,811		3,698

Italy (0.0%)
Mediobanca S.p.A., expiring 3/18/11*		26,916		899
Unione di Banche Italiane S.c.p.A., expiring 6/30/11*		9,090		113

				1,012

Singapore (0.0%)
Golden Agri-Resources Ltd., expiring 7/23/12*		16,829		1,344

Total Warrants (0.0%) (Cost $2,795)				6,965


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Short-Term Investment (0.2%)
BlackRock Liquidity Funds TempFund
0.23%‡	$	4,585,581		4,585,581

Time Deposit (0.1%)
JPMorgan Chase Nassau
0.000%, 10/1/10		3,045,647		3,045,647

Total Short-Term Investments (0.3%) (Amortized Cost $7,631,228)				7,631,228

Total Investments (51.7%) (Cost/Amortized Cost $1,272,744,918)				1,279,098,831
Other Assets Less Liabilities (48.3%)				1,197,233,336

Net Assets (100%)			$	2,476,332,167

*	Non-income producing.

†	Securities (totaling $0 or 0.0% of net assets) at fair value by management.

(b)

Illiquid Security.

‡	Affiliated company as defined under the Investment Company Act of 1940.

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Glossary:

ADR — American Depositary Receipt

CDI — Chess Depositary Interest

CVA — Dutch Certification

PPS — Price Protected Share

REIT — Real Estate Investment Trust

RNC — Risparmio Non-Convertible Savings Shares

SDR — Swedish Certification

VVPR — Verlaagde Vooheffing Precompte Reduit (Belgium Dividend Coupon)

Market Sector Diversification

As a Percentage of Total Net Assets


Consumer Discretionary	4.8	%
Consumer Staples	5.6
Energy	3.9
Financials	13.0
Health Care	4.4
Industrials	5.6
Information Technology	2.4
Materials	5.6
Telecommunication Services	3.0
Utilities	3.1
Cash and Other	48.6

	100.0	%

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	87,423,535	$	1,310,560,933	$	1,393,398,887	$	4,585,581	$	73,298	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchases
DJ EURO Stoxx 50 Index		13,084		December-10	$	496,736,539	$	488,370,571	$	(8,365,968	)
E-Mini MSCI EAFE Index		36		December-10		2,734,725		2,801,880		67,155
FTSE 100 Index		3,478		December-10		303,104,472		302,109,219		(995,253	)
SPI 200 Index		1,116		December-10		125,906,497		124,047,026		(1,859,471	)
TOPIX Index		2,850		December-10		277,451,065		282,166,387		4,715,322

									$	(6,438,215	)

At September 30, 2010, the Portfolio had outstanding foreign currency contracts to buy/sell foreign currencies as follows: (Note 1)


	Counterparty		Local Contract Buy Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Buy Contract
European Union Euro vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		68,000	$	92,650,680	$	88,571,360	$	4,079,320

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities			Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	—		$	132,046,205	$	—	$	132,046,205
Consumer Staples		—			131,842,730		—		131,842,730
Energy		—			94,741,760		—		94,741,760
Financials		—			314,602,060		—		314,602,060
Health Care		—			109,443,971		—		109,443,971
Industrials		118,156			154,816,319		—		154,934,475
Information Technology		—			61,472,505		—		61,472,505
Materials		—			132,314,346		—		132,314,346
Telecommunication Services		—			73,227,738		—		73,227,738
Utilities		—			66,264,231		—		66,264,231
Forward Currency Contracts		—			4,079,320		—		4,079,320
Futures		4,782,477			—		—		4,782,477
Rights
Consumer Discretionary		—			50,322		—		50,322
Financials		—			520,295		—		520,295
Short-Term Investments		—			7,631,228		—		7,631,228
Warrants
Consumer Staples		—			1,344		—		1,344
Financials		—			5,621		—		5,621

Total Assets	$	4,900,633		$	1,283,059,995	$	—	$	1,287,960,628

Liabilities:
Futures	$	(11,220,692	)	$	—	$	—	$	(11,220,692	)

Total Liabilities	$	(11,220,692	)	$	—	$	—	$	(11,220,692	)

Total	$	(6,320,059	)	$	1,283,059,995	$	—	$	1,276,739,936

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities- Financials		Investments in Securities- Industrials
Balance as of 12/31/09	$	—	$	43,878
Total gains or losses (realized/unrealized) included in earnings		—		(425	)
Purchases, sales, issuances, and settlements (net)		—		(43,453	)
Transfers into Level 3		—		—
Transfers out of Level 3		—		—

Balance as of 9/30/10	$	—	$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	—	$	—

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	96,627,794
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	82,375,369

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	101,074,178
Aggregate gross unrealized depreciation		(98,561,682	)

Net unrealized appreciation	$	2,512,496

Federal income tax cost of investments	$	1,276,586,335

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM LARGE CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (5.3%)
*Auto Components* (*0.1%*)
Goodyear Tire & Rubber Co.*		54,583	$	586,767
Johnson Controls, Inc.		149,636		4,563,898

				5,150,665

*Automobiles (0.2%*)
Ford Motor Co.*		764,780		9,360,907
Harley-Davidson, Inc.		52,356		1,489,005

				10,849,912

*Distributors* (*0.0%*)
Genuine Parts Co.		35,219		1,570,415

*Diversified Consumer Services* (*0.1%*)
Apollo Group, Inc., Class A*		28,232		1,449,713
DeVry, Inc.		14,148		696,223
H&R Block, Inc.		69,073		894,496

				3,040,432

*Hotels, Restaurants & Leisure (0.9%*)
Carnival Corp.		96,846		3,700,486
Darden Restaurants, Inc.		30,271		1,294,993
International Game Technology		64,381		930,305
Marriott International, Inc., Class A		63,714		2,282,873
McDonald’s Corp.		236,794		17,643,521
Starbucks Corp.		163,762		4,189,032
Starwood Hotels & Resorts Worldwide, Inc.		42,239		2,219,659
Wyndham Worldwide Corp.		39,881		1,095,531
Wynn Resorts Ltd.		16,808		1,458,430
Yum! Brands, Inc.		103,846		4,783,147

				39,597,977

*Household Durables* (*0.2%*)
D.R. Horton, Inc.		62,199		691,653
Fortune Brands, Inc.		34,010		1,674,312
Harman International Industries, Inc.*		15,635		522,365
Leggett & Platt, Inc.		32,807		746,687
Lennar Corp., Class A		33,538		515,815
Newell Rubbermaid, Inc.		62,055		1,105,200
Pulte Group, Inc.*		75,899		664,875
Stanley Black & Decker, Inc.		36,815		2,256,023
Whirlpool Corp.		16,870		1,365,795

				9,542,725

*Internet & Catalog Retail* (*0.4%*)
Amazon.com, Inc.*		78,736		12,366,276
Expedia, Inc.		46,119		1,301,017
priceline.com, Inc.*		10,825		3,770,781

				17,438,074

*Leisure Equipment & Products* (*0.1%*)
Eastman Kodak Co.*		61,370		257,754
Hasbro, Inc.		31,067		1,382,792
Mattel, Inc.		78,911		1,851,252

				3,491,798

*Media* (*1.6%*)
CBS Corp., Class B		151,352		2,400,443
Comcast Corp., Class A		624,435		11,289,785
DIRECTV, Class A*		192,928		8,031,593
Discovery Communications, Inc., Class A*		63,384		2,760,373
Gannett Co., Inc.		53,384		652,886
Interpublic Group of Cos., Inc.*		109,296		1,096,239
McGraw-Hill Cos., Inc.		68,884		2,277,305
Meredith Corp.		8,195		272,975
New York Times Co., Class A*		27,177	$	210,350
News Corp., Class A		505,892		6,606,950
Omnicom Group, Inc.		66,653		2,631,460
Scripps Networks Interactive, Inc., Class A		20,066		954,740
Time Warner Cable, Inc.		79,104		4,270,825
Time Warner, Inc.		250,204		7,668,753
Viacom, Inc., Class B		135,359		4,898,642
Walt Disney Co.		425,501		14,088,338
Washington Post Co., Class B		1,390		555,180

				70,666,837

*Multiline Retail (0.4%*)
Big Lots, Inc.*		17,009		565,549
Family Dollar Stores, Inc.		28,846		1,273,840
J.C. Penney Co., Inc.		52,567		1,428,771
Kohl’s Corp.*		68,479		3,607,474
Macy’s, Inc.		93,936		2,168,982
Nordstrom, Inc.		37,460		1,393,512
Sears Holdings Corp.*		9,914		715,196
Target Corp.		160,537		8,579,097

				19,732,421

*Specialty Retail* (*1.0%*)
Abercrombie & Fitch Co., Class A		19,654		772,795
AutoNation, Inc.*		14,168		329,406
AutoZone, Inc.*		6,461		1,478,988
Bed Bath & Beyond, Inc.*		58,710		2,548,601
Best Buy Co., Inc.		76,915		3,140,440
CarMax, Inc.*		49,598		1,381,800
GameStop Corp., Class A*		31,878		628,315
Gap, Inc.		97,114		1,810,205
Home Depot, Inc.		370,508		11,737,694
Limited Brands, Inc.		58,054		1,554,686
Lowe’s Cos., Inc.		312,297		6,961,100
Office Depot, Inc.*		62,879		289,243
O’Reilly Automotive, Inc.*		30,998		1,649,094
RadioShack Corp.		27,582		588,324
Ross Stores, Inc.		26,406		1,442,296
Staples, Inc.		162,323		3,395,797
Tiffany & Co.		28,038		1,317,506
TJX Cos., Inc.		89,081		3,975,685
Urban Outfitters, Inc.*		27,860		875,918

				45,877,893

*Textiles, Apparel & Luxury Goods* (*0.3%*)
Coach, Inc.		66,198		2,843,866
NIKE, Inc., Class B		86,053		6,896,288
Polo Ralph Lauren Corp.		14,607		1,312,585
VF Corp.		19,361		1,568,628

				12,621,367

Total Consumer Discretionary				239,580,516

Consumer Staples (5.8%)
*Beverages* (*1.4%*)
Brown-Forman Corp., Class B		23,209		1,430,603
Coca-Cola Co.		513,571		30,054,175
Coca-Cola Enterprises, Inc.		73,768		2,286,808
Constellation Brands, Inc., Class A*		39,740		703,000
Dr. Pepper Snapple Group, Inc.		53,290		1,892,861
Molson Coors Brewing Co., Class B		35,304		1,667,055
PepsiCo, Inc.		353,871		23,511,189

				61,545,691

*Food & Staples Retailing* (*1.3%*)
Costco Wholesale Corp.		97,207		6,268,879
CVS Caremark Corp.		302,243		9,511,587

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM LARGE CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Kroger Co.		141,401	$	3,062,746
Safeway, Inc.		83,940		1,776,170
SUPERVALU, Inc.		47,381		546,303
Sysco Corp.		129,947		3,706,089
Walgreen Co.		215,684		7,225,414
Wal-Mart Stores, Inc.		444,906		23,811,369
Whole Foods Market, Inc.*		32,653		1,211,753

				57,120,310

*Food Products* (*0.9%*)
Archer-Daniels-Midland Co.		142,149		4,537,396
Campbell Soup Co.		43,072		1,539,824
ConAgra Foods, Inc.		96,978		2,127,697
Dean Foods Co.*		40,053		408,941
General Mills, Inc.		142,938		5,222,955
H.J. Heinz Co.		70,749		3,351,380
Hershey Co.		34,428		1,638,429
Hormel Foods Corp.		15,552		693,619
J.M. Smucker Co.		26,681		1,615,001
Kellogg Co.		57,992		2,929,176
Kraft Foods, Inc., Class A		387,777		11,966,798
McCormick & Co., Inc. (Non-Voting)		29,780		1,251,951
Mead Johnson Nutrition Co.		45,579		2,593,901
Sara Lee Corp.		147,203		1,976,936
Tyson Foods, Inc., Class A		65,136		1,043,479

				42,897,483

*Household Products* (*1.2%*)
Clorox Co.		30,685		2,048,531
Colgate-Palmolive Co.		108,121		8,310,180
Kimberly-Clark Corp.		90,932		5,915,127
Procter & Gamble Co.		631,250		37,856,062

				54,129,900

*Personal Products* (*0.1%*)
Avon Products, Inc.		95,303		3,060,179
Estee Lauder Cos., Inc., Class A		25,481		1,611,164

				4,671,343

*Tobacco* (*0.9%*)
Altria Group, Inc.		462,294		11,104,302
Lorillard, Inc.		33,433		2,685,004
Philip Morris International, Inc.		407,661		22,837,169
Reynolds American, Inc.		37,733		2,240,963

				38,867,438

Total Consumer Staples				259,232,165

Energy (5.6%)
*Energy Equipment & Services* (*0.9%*)
Baker Hughes, Inc.		95,986		4,089,004
Cameron International Corp.*		53,141		2,282,937
Diamond Offshore Drilling, Inc.		15,468		1,048,266
FMC Technologies, Inc.*		26,804		1,830,445
Halliburton Co.		202,601		6,700,015
Helmerich & Payne, Inc.		23,550		952,833
Nabors Industries Ltd.*		61,720		1,114,663
National Oilwell Varco, Inc.		93,223		4,145,627
Rowan Cos., Inc.*		25,426		771,934
Schlumberger Ltd.		303,974		18,727,838

				41,663,562

*Oil, Gas & Consumable Fuels* (*4.7%*)
Anadarko Petroleum Corp.		110,092		6,280,749
Apache Corp.		81,032		7,921,688
Cabot Oil & Gas Corp.		23,364		703,490
Chesapeake Energy Corp.		145,402		3,293,355
Chevron Corp.		447,042		36,232,754
ConocoPhillips		329,769		18,938,634
Consol Energy, Inc.		50,140	$	1,853,175
Denbury Resources, Inc.*		88,733		1,409,967
Devon Energy Corp.		96,814		6,267,738
El Paso Corp.		157,024		1,943,957
EOG Resources, Inc.		56,418		5,245,182
EQT Corp.		33,116		1,194,163
Exxon Mobil Corp.#		1,132,398		69,970,873
Hess Corp.		65,036		3,844,928
Marathon Oil Corp.		157,811		5,223,544
Massey Energy Co.		22,713		704,557
Murphy Oil Corp.		42,672		2,642,250
Noble Energy, Inc.		38,882		2,919,649
Occidental Petroleum Corp.		180,721		14,150,454
Peabody Energy Corp.		59,819		2,931,729
Pioneer Natural Resources Co.		25,780		1,676,473
QEP Resources, Inc.		39,101		1,178,504
Range Resources Corp.		34,805		1,327,115
Southwestern Energy Co.*		76,074		2,543,915
Spectra Energy Corp.		144,303		3,254,033
Sunoco, Inc.		26,796		978,054
Tesoro Corp.		31,692		423,405
Valero Energy Corp.		125,861		2,203,826
Williams Cos., Inc.		130,304		2,490,110

				209,748,271

Total Energy				251,411,833

Financials (8.0%)
*Capital Markets* (*1.2%*)
Ameriprise Financial, Inc.		55,517		2,627,620
Bank of New York Mellon Corp.		270,203		7,060,404
Charles Schwab Corp.		220,275		3,061,822
ETRADE Financial Corp.		43,142		627,285
Federated Investors, Inc., Class B		20,620		469,311
Franklin Resources, Inc.		32,672		3,492,637
Goldman Sachs Group, Inc.		114,753		16,590,989
Invesco Ltd.		102,907		2,184,716
Janus Capital Group, Inc.		41,416		453,505
Legg Mason, Inc.		34,534		1,046,726
Morgan Stanley		310,315		7,658,574
Northern Trust Corp.		53,943		2,602,210
State Street Corp.		111,620		4,203,609
T. Rowe Price Group, Inc.		57,137		2,860,564

				54,939,972

*Commercial Banks* (*1.4%*)
BB&T Corp.		154,070		3,710,006
Comerica, Inc.		39,182		1,455,611
Fifth Third Bancorp		177,574		2,136,215
First Horizon National Corp.*		52,691		601,210
Huntington Bancshares, Inc./Ohio		159,336		903,435
KeyCorp		195,663		1,557,477
M&T Bank Corp.		19,197		1,570,507
Marshall & Ilsley Corp.		118,702		835,662
PNC Financial Services Group, Inc.		116,795		6,062,828
Regions Financial Corp.		278,181		2,022,376
SunTrust Banks, Inc.		111,078		2,869,145
U.S. Bancorp		425,209		9,193,019
Wells Fargo & Co.		1,163,717		29,244,208
Zions Bancorp		38,446		821,207

				62,982,906

*Consumer Finance* (*0.4%*)
American Express Co.		232,940		9,790,468
Capital One Financial Corp.		101,547		4,016,184
Discover Financial Services		121,365		2,024,368

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM LARGE CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
SLM Corp.*		108,534	$	1,253,568

				17,084,588

*Diversified Financial Services* (*2.1%*)
Bank of America Corp.		2,231,047		29,249,026
Citigroup, Inc.*		5,282,927		20,603,415
CME Group, Inc.		14,964		3,897,374
IntercontinentalExchange, Inc.*		16,503		1,728,194
JPMorgan Chase & Co.		881,894		33,573,705
Leucadia National Corp.*		44,015		1,039,634
Moody’s Corp.		45,585		1,138,714
NASDAQ OMX Group, Inc.*		32,256		626,734
NYSE Euronext		57,940		1,655,346

				93,512,142

*Insurance* (*2.1%*)
ACE Ltd.		75,001		4,368,808
Aflac, Inc.		104,863		5,422,466
Allstate Corp.		119,633		3,774,421
American International Group, Inc.*		30,196		1,180,664
Aon Corp.		60,105		2,350,707
Assurant, Inc.		23,872		971,590
Berkshire Hathaway, Inc., Class B*		384,686		31,805,838
Chubb Corp.		70,022		3,990,554
Cincinnati Financial Corp.		36,362		1,049,044
Genworth Financial, Inc., Class A*		109,294		1,335,573
Hartford Financial Services Group, Inc.		98,777		2,266,932
Lincoln National Corp.		69,840		1,670,573
Loews Corp.		70,812		2,683,775
Marsh & McLennan Cos., Inc.		120,814		2,914,034
MetLife, Inc.		201,640		7,753,058
Principal Financial Group, Inc.		71,424		1,851,310
Progressive Corp.		148,667		3,102,680
Prudential Financial, Inc.		103,735		5,620,362
Torchmark Corp.		18,131		963,481
Travelers Cos., Inc.		104,472		5,442,991
Unum Group		72,901		1,614,757
XL Group plc		75,870		1,643,344

				93,776,962

*Real Estate Investment Trusts (REITs)* (*0.7%*)
Apartment Investment & Management Co. (REIT), Class A		26,282		561,909
AvalonBay Communities, Inc. (REIT)		19,003		1,974,982
Boston Properties, Inc. (REIT)		31,039		2,579,962
Equity Residential (REIT)		63,061		2,999,812
HCP, Inc. (REIT)		68,919		2,479,706
Health Care REIT, Inc.		28,514		1,349,853
Host Hotels & Resorts, Inc. (REIT)		146,385		2,119,655
Kimco Realty Corp. (REIT)		90,561		1,426,336
Plum Creek Timber Co., Inc. (REIT)		35,137		1,240,336
ProLogis (REIT)		106,522		1,254,829
Public Storage (REIT)		31,008		3,009,016
Simon Property Group, Inc. (REIT)		64,975		6,025,781
Ventas, Inc. (REIT)		34,822		1,795,770
Vornado Realty Trust (REIT)		36,112		3,088,659

				31,906,606

*Real Estate Management & Development* (*0.0%*)
CB Richard Ellis Group, Inc., Class A*		64,121		1,172,132

*Thrifts & Mortgage Finance* (*0.1%*)
Hudson City Bancorp, Inc.		117,066	$	1,435,229
People’s United Financial, Inc.		80,468		1,053,326

				2,488,555

Total Financials				357,863,863

Health Care (5.9%)
*Biotechnology* (*0.7%*)
Amgen, Inc.*		213,208		11,749,893
Biogen Idec, Inc.*		53,787		3,018,526
Celgene Corp.*		101,673		5,857,381
Cephalon, Inc.*		16,680		1,041,499
Genzyme Corp.*		56,740		4,016,625
Gilead Sciences, Inc.*		186,314		6,634,642

				32,318,566

*Health Care Equipment & Supplies* (*0.9%*)
Baxter International, Inc.		130,048		6,204,590
Becton, Dickinson and Co.		51,674		3,829,043
Boston Scientific Corp.*		337,252		2,067,355
C.R. Bard, Inc.		20,928		1,704,167
CareFusion Corp.*		42,166		1,047,403
DENTSPLY International, Inc.		31,913		1,020,259
Hospira, Inc.*		37,330		2,128,183
Intuitive Surgical, Inc.*		8,756		2,484,427
Medtronic, Inc.		240,267		8,068,166
St. Jude Medical, Inc.*		72,816		2,864,581
Stryker Corp.		75,915		3,799,546
Varian Medical Systems, Inc.*		27,121		1,640,821
Zimmer Holdings, Inc.*		44,324		2,319,475

				39,178,016

*Health Care Providers & Services* (*1.0%*)
Aetna, Inc.		92,421		2,921,428
AmerisourceBergen Corp.		61,277		1,878,753
Cardinal Health, Inc.		78,284		2,586,503
CIGNA Corp.		59,952		2,145,083
Coventry Health Care, Inc.*		33,227		715,377
DaVita, Inc.*		22,967		1,585,412
Express Scripts, Inc.*		120,758		5,880,915
Humana, Inc.*		37,689		1,893,495
Laboratory Corp. of America Holdings*		22,567		1,769,930
McKesson Corp.		58,209		3,596,152
Medco Health Solutions, Inc.*		96,356		5,016,293
Patterson Cos., Inc.		21,736		622,736
Quest Diagnostics, Inc.		32,873		1,659,100
Tenet Healthcare Corp.*		108,295		511,152
UnitedHealth Group, Inc.		250,131		8,782,100
WellPoint, Inc.*		88,871		5,033,654

				46,598,083

*Health Care Technology* (*0.0%*)
Cerner Corp.*		15,822		1,328,890

*Life Sciences Tools & Services* (*0.2%*)
Life Technologies Corp.*		40,880		1,908,687
PerkinElmer, Inc.		26,476		612,655
Thermo Fisher Scientific, Inc.*		90,190		4,318,297
Waters Corp.*		20,572		1,456,086

				8,295,725

*Pharmaceuticals* (*3.1%*)
Abbott Laboratories, Inc.		343,327		17,935,402
Allergan, Inc.		68,463		4,554,843
Bristol-Myers Squibb Co.		380,223		10,307,846
Eli Lilly and Co.		225,645		8,242,812
Forest Laboratories, Inc.*		63,386		1,960,529

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM LARGE CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Johnson & Johnson		612,634	$	37,958,803
King Pharmaceuticals, Inc.*		56,133		559,085
Merck & Co., Inc.		684,487		25,195,966
Mylan, Inc.*		68,784		1,293,827
Pfizer, Inc.		1,787,721		30,695,170
Watson Pharmaceuticals, Inc.*		24,058		1,017,894

				139,722,177

Total Health Care				267,441,457

Industrials (5.5%)
*Aerospace & Defense* (*1.4%*)
Boeing Co.		162,761		10,830,117
General Dynamics Corp.		84,577		5,312,281
Goodrich Corp.		27,840		2,052,643
Honeywell International, Inc.		171,746		7,546,519
ITT Corp.		40,875		1,914,176
L-3 Communications Holdings, Inc.		25,129		1,816,073
Lockheed Martin Corp.		66,224		4,720,447
Northrop Grumman Corp.		65,523		3,972,659
Precision Castparts Corp.		31,740		4,042,089
Raytheon Co.		83,258		3,805,723
Rockwell Collins, Inc.		35,022		2,040,032
United Technologies Corp.		206,668		14,720,962

				62,773,721

*Air Freight & Logistics* (*0.6%*)
C.H. Robinson Worldwide, Inc.		36,873		2,578,160
Expeditors International of Washington, Inc.		47,321		2,187,650
FedEx Corp.		69,910		5,977,305
United Parcel Service, Inc., Class B		220,237		14,687,606

				25,430,721

*Airlines* (*0.0%*)
Southwest Airlines Co.		166,352		2,174,221

*Building Products* (*0.0%*)
Masco Corp.		80,204		883,046

*Commercial Services & Supplies* (*0.3%*)
Avery Dennison Corp.		24,623		914,006
Cintas Corp.		29,726		818,951
Iron Mountain, Inc.		43,641		974,940
Pitney Bowes, Inc.		46,213		988,034
R.R. Donnelley & Sons Co.		46,244		784,298
Republic Services, Inc.		68,328		2,083,321
Stericycle, Inc.*		18,794		1,305,807
Waste Management, Inc.		106,279		3,798,411

				11,667,768

*Construction & Engineering* (*0.1%*)
Fluor Corp.		39,711		1,966,886
Jacobs Engineering Group, Inc.*		28,062		1,085,999
Quanta Services, Inc.*		47,245		901,435

				3,954,320

*Electrical Equipment* (*0.3%*)
Emerson Electric Co.		167,471		8,819,023
Rockwell Automation, Inc.		31,704		1,957,088
Roper Industries, Inc.		21,006		1,369,171

				12,145,282

*Industrial Conglomerates* (*1.3%*)
3M Co.		158,574		13,749,952
General Electric Co.		2,376,024		38,610,390
Textron, Inc.		61,258		1,259,464
Tyco International Ltd.		110,793		4,069,427

				57,689,233

*Machinery* (*1.0%*)
Caterpillar, Inc.		140,244	$	11,034,398
Cummins, Inc.		43,967		3,982,531
Danaher Corp.		118,977		4,831,656
Deere & Co.		94,219		6,574,602
Dover Corp.		41,624		2,173,189
Eaton Corp.		37,325		3,078,939
Flowserve Corp.		12,569		1,375,300
Illinois Tool Works, Inc.		111,937		5,263,278
PACCAR, Inc.		81,159		3,907,806
Pall Corp.		26,113		1,087,345
Parker Hannifin Corp.		35,900		2,515,154
Snap-On, Inc.		13,091		608,862

				46,433,060

*Professional Services* (*0.0%*)
Dun & Bradstreet Corp.		11,237		833,111
Equifax, Inc.		27,961		872,383
Robert Half International, Inc.		33,058		859,508

				2,565,002

*Road & Rail* (*0.4%*)
CSX Corp.		84,557		4,677,693
Norfolk Southern Corp.		81,461		4,847,744
Ryder System, Inc.		11,703		500,538
Union Pacific Corp.		110,779		9,061,722

				19,087,697

*Trading Companies & Distributors* (*0.1%*)
Fastenal Co.		32,825		1,745,962
W.W. Grainger, Inc.		13,310		1,585,354

				3,331,316

Total Industrials				248,135,387

Information Technology (9.6%)
*Communications Equipment* (*1.2%*)
Cisco Systems, Inc.*		1,270,382		27,821,366
Harris Corp.		28,794		1,275,286
JDS Uniphase Corp.*		49,510		613,429
Juniper Networks, Inc.*		115,814		3,514,955
Motorola, Inc.*		519,717		4,433,186
QUALCOMM, Inc.		357,085		16,111,675
Tellabs, Inc.		84,140		626,843

				54,396,740

*Computers & Peripherals* (*2.2%*)
Apple, Inc.*		203,194		57,656,298
Dell, Inc.*		377,005		4,885,985
EMC Corp.*		456,532		9,272,165
Hewlett-Packard Co.		504,362		21,218,509
Lexmark International, Inc., Class A*		17,246		769,517
NetApp, Inc.*		79,378		3,952,231
QLogic Corp.*		24,111		425,318
SanDisk Corp.*		51,782		1,897,810
Western Digital Corp.*		49,883		1,416,178

				101,494,011

*Electronic Equipment, Instruments & Components* (*0.3%*)
Agilent Technologies, Inc.*		77,163		2,574,929
Amphenol Corp., Class A		38,795		1,900,179
Corning, Inc.		345,845		6,322,047
FLIR Systems, Inc.*		35,310		907,467
Jabil Circuit, Inc.		43,975		633,680
Molex, Inc.		30,848		645,649

				12,983,951

*Internet Software & Services* (*1.0%*)
Akamai Technologies, Inc.*		40,353		2,024,914
eBay, Inc.*		256,683		6,263,065

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM LARGE CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Google, Inc., Class A*		55,366	$	29,110,889
Monster Worldwide, Inc.*		29,287		379,559
VeriSign, Inc.*		38,498		1,221,927
Yahoo!, Inc.*		299,806		4,248,251

				43,248,605

*IT Services* (*1.6%*)
Automatic Data Processing, Inc.		109,506		4,602,537
Cognizant Technology Solutions Corp., Class A*		67,040		4,322,069
Computer Sciences Corp.		34,418		1,583,228
Fidelity National Information Services, Inc.		57,664		1,564,424
Fiserv, Inc.*		33,486		1,802,216
International Business Machines Corp.		280,498		37,626,002
Mastercard, Inc., Class A		21,562		4,829,888
Paychex, Inc.		71,334		1,960,972
SAIC, Inc.*		65,211		1,042,072
Teradata Corp.*		37,350		1,440,216
Total System Services, Inc.		37,234		567,446
Visa, Inc., Class A		110,482		8,204,393
Western Union Co.		147,156		2,600,247

				72,145,710

*Office Electronics* (*0.1%*)
Xerox Corp.		307,521		3,182,842

*Semiconductors & Semiconductor Equipment* (*1.2%*)
Advanced Micro Devices, Inc.*		127,020		903,112
Altera Corp.		68,244		2,058,239
Analog Devices, Inc.		66,421		2,084,291
Applied Materials, Inc.		295,112		3,446,908
Broadcom Corp., Class A		99,639		3,526,224
First Solar, Inc.*		11,978		1,764,958
Intel Corp.		1,238,281		23,812,144
KLA-Tencor Corp.		36,419		1,283,041
Linear Technology Corp.		49,910		1,533,734
LSI Corp.*		144,140		657,278
MEMC Electronic Materials, Inc.*		51,114		609,279
Microchip Technology, Inc.		41,140		1,293,853
Micron Technology, Inc.*		186,469		1,344,442
National Semiconductor Corp.		53,212		679,517
Novellus Systems, Inc.*		19,615		521,367
NVIDIA Corp.*		128,176		1,497,096
Teradyne, Inc.*		38,179		425,314
Texas Instruments, Inc.		265,945		7,217,747
Xilinx, Inc.		57,863		1,539,735

				56,198,279

*Software* (*2.0%*)
Adobe Systems, Inc.*		116,778		3,053,745
Autodesk, Inc.*		50,725		1,621,678
BMC Software, Inc.*		39,116		1,583,416
CA, Inc.		86,310		1,822,867
Citrix Systems, Inc.*		41,550		2,835,372
Compuware Corp.*		50,328		429,298
Electronic Arts, Inc.*		73,828		1,212,994
Intuit, Inc.*		63,013		2,760,599
McAfee, Inc.*		33,245		1,571,159
Microsoft Corp.		1,693,524		41,474,403
Novell, Inc.*		79,193		472,782
Oracle Corp.		860,829		23,113,259
Red Hat, Inc.*		42,005		1,722,205
Salesforce.com, Inc.*		26,053		2,912,725
Symantec Corp.*		174,194	$	2,642,523

				89,229,025

Total Information Technology				432,879,163

Materials (1.8%)
*Chemicals* (*1.0%*)
Air Products & Chemicals, Inc.		47,373		3,923,432
Airgas, Inc.		16,692		1,134,221
CF Industries Holdings, Inc.		15,881		1,516,636
Dow Chemical Co.		257,956		7,083,472
E.I. du Pont de Nemours & Co.		201,560		8,993,607
Eastman Chemical Co.		16,046		1,187,404
Ecolab, Inc.		51,989		2,637,922
FMC Corp.		16,269		1,112,962
International Flavors & Fragrances, Inc.		17,838		865,500
Monsanto Co.		120,038		5,753,421
PPG Industries, Inc.		36,790		2,678,312
Praxair, Inc.		68,125		6,148,962
Sherwin-Williams Co.		19,840		1,490,778
Sigma-Aldrich Corp.		27,090		1,635,694

				46,162,323

*Construction Materials* (*0.0%*)
Vulcan Materials Co.		28,668		1,058,423

*Containers & Packaging* (*0.1%*)
Ball Corp.		20,433		1,202,482
Bemis Co., Inc.		24,411		775,049
Owens-Illinois, Inc.*		36,560		1,025,874
Pactiv Corp.*		30,454		1,004,373
Sealed Air Corp.		35,686		802,221

				4,809,999

*Metals & Mining* (*0.6%*)
AK Steel Holding Corp.		24,402		336,992
Alcoa, Inc.		227,012		2,749,115
Allegheny Technologies, Inc.		21,916		1,017,998
Cliffs Natural Resources, Inc.		30,173		1,928,658
Freeport-McMoRan Copper & Gold, Inc.		104,634		8,934,697
Newmont Mining Corp.		109,512		6,878,449
Nucor Corp.		70,147		2,679,616
Titanium Metals Corp.*		19,717		393,551
United States Steel Corp.		31,905		1,398,715

				26,317,791

*Paper & Forest Products* (*0.1%*)
International Paper Co.		97,097		2,111,860
MeadWestvaco Corp.		38,228		931,999
Weyerhaeuser Co.		118,790		1,872,130

				4,915,989

Total Materials				83,264,525

Telecommunication Services (1.7%)
*Diversified Telecommunication Services* (*1.5%*)
AT&T, Inc.		1,313,902		37,577,597
CenturyLink, Inc.		66,987		2,643,307
Frontier Communications Corp.		217,093		1,773,650
Qwest Communications International, Inc.		386,725		2,424,766
Verizon Communications, Inc.		628,627		20,486,954
Windstream Corp.		107,898		1,326,066

				66,232,340

*Wireless Telecommunication Services* (*0.2%*)
American Tower Corp., Class A*		88,589		4,541,072
MetroPCS Communications, Inc.*		58,885		615,937

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM LARGE CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Sprint Nextel Corp.*		664,949	$	3,078,714

				8,235,723

Total Telecommunication Services				74,468,063

Utilities (1.9%)
*Electric Utilities* (*1.0%*)
Allegheny Energy, Inc.		37,903		929,382
American Electric Power Co., Inc.		106,538		3,859,872
Duke Energy Corp.		293,163		5,191,917
Edison International		72,629		2,497,711
Entergy Corp.		41,415		3,169,490
Exelon Corp.		146,952		6,257,216
FirstEnergy Corp.		67,961		2,619,217
NextEra Energy, Inc.		92,444		5,028,029
Northeast Utilities		39,378		1,164,407
Pepco Holdings, Inc.		49,314		917,240
Pinnacle West Capital Corp.		24,306		1,003,109
PPL Corp.		107,274		2,921,071
Progress Energy, Inc.		65,193		2,895,873
Southern Co.		184,783		6,881,319

				45,335,853

*Gas Utilities* (*0.1%*)
Nicor, Inc.		10,274		470,755
Oneok, Inc.		23,802		1,072,042

				1,542,797

*Independent Power Producers & Energy Traders* (*0.1%*)
AES Corp.*		148,838		1,689,311
Constellation Energy Group, Inc.		44,851		1,445,996
NRG Energy, Inc.*		56,569		1,177,767

				4,313,074

*Multi-Utilities* (*0.7%*)
Ameren Corp.		53,404		1,516,674
CenterPoint Energy, Inc.		94,175		1,480,431
CMS Energy Corp.		49,908		899,342
Consolidated Edison, Inc.		62,967		3,036,269
Dominion Resources, Inc.		130,846		5,712,736
DTE Energy Co.		37,667		1,730,045
Integrys Energy Group, Inc.		17,334		902,408
NiSource, Inc.		62,121		1,080,905
PG&E Corp.		86,869		3,945,590
Public Service Enterprise Group, Inc.		112,470		3,720,508
SCANA Corp.		25,166		1,014,693
Sempra Energy		55,096		2,964,165
TECO Energy, Inc.		48,069		832,555
Wisconsin Energy Corp.		26,093		1,508,175
Xcel Energy, Inc.		102,485		2,354,081

				32,698,577

Total Utilities				83,890,301

Total Common Stocks (51.1%) (Cost $2,153,436,217)				2,298,167,273


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Short-Term Investment (44.3%)
BlackRock Liquidity Funds TempFund
0.23% ‡	$	1,988,240,549	$	1,988,240,549

Time Deposit (0.2%)
JPMorgan Chase Nassau
0.000%, 10/1/10		7,170,872		7,170,872

Total Short-Term Investments (44.5%) (Amortized Cost $1,995,411,421)				1,995,411,421

Total Investments (95.6%) (Cost/Amortized Cost $4,148,847,638)				4,293,578,694
Other Assets Less Liabilities (4.4%)				195,491,763

Net Assets (100%)			$	4,489,070,457

*	Non-income producing.

‡	Affiliated company as defined under the Investment Company Act of 1940.

#	All, or a portion of security held by broker as collateral for financial futures contracts, with a total collateral value of $25,896,807.

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	2,051,190,283	$	1,846,207,094	$	1,909,156,828	$	1,988,240,549	$	2,341,787	$	—

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM LARGE CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


Purchase	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
S&P 500 E-Mini Index		38,549		December-10	$	2,116,952,688	$	2,190,932,415	$	73,979,727

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	239,580,516	$	–	$	–	$	239,580,516
Consumer Staples		259,232,165		–		–		259,232,165
Energy		251,411,833		–		–		251,411,833
Financials		357,863,863		–		–		357,863,863
Health Care		267,441,457		–		–		267,441,457
Industrials		248,135,387		–		–		248,135,387
Information Technology		432,879,163		–		–		432,879,163
Materials		83,264,525		–		–		83,264,525
Telecommunication Services		74,468,063		–		–		74,468,063
Utilities		83,890,301		–		–		83,890,301
Futures		73,979,727		–		–		73,979,727
Short-Term Investments		–		1,995,411,421		–		1,995,411,421

Total Assets	$	2,372,147,000	$	1,995,411,421	$	–	$	4,367,558,421

Total Liabilities	$	–	$	–	$	–	$	–

Total	$	2,372,147,000	$	1,995,411,421	$	–	$	4,367,558,421

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities			$119,266,303
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities			$280,274,618

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:



Aggregate gross unrealized appreciation	$	229,545,687
Aggregate gross unrealized depreciation		(88,404,941	)

Net unrealized appreciation	$	141,140,746

Federal income tax cost of investments	$	4,152,437,948

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM MID CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (7.1%)
*Auto Components* (*0.4%*)
BorgWarner, Inc.*		51,627	$	2,716,613
Gentex Corp.		63,253		1,234,066

				3,950,679

*Automobiles* (*0.1%*)
Thor Industries, Inc.		17,684		590,646

*Distributors* (*0.1%*)
LKQ Corp.*		64,719		1,346,155

*Diversified Consumer Services* (*0.7%*)
Career Education Corp.*		29,759		638,926
Corinthian Colleges, Inc.*		39,838		279,663
ITT Educational Services, Inc.*		12,529		880,413
Matthews International Corp., Class A		13,473		476,405
Regis Corp.		26,017		497,705
Service Corp. International		111,663		962,535
Sotheby’s, Inc.		30,306		1,115,867
Strayer Education, Inc.		6,314		1,101,793

				5,953,307

*Hotels, Restaurants & Leisure* (*1.2%*)
Bally Technologies, Inc.*		24,368		851,662
Bob Evans Farms, Inc.		13,781		386,833
Boyd Gaming Corp.*		24,885		180,416
Brinker International, Inc.		45,963		866,862
Burger King Holdings, Inc.		41,775		997,587
Cheesecake Factory, Inc.*		26,870		711,249
Chipotle Mexican Grill, Inc.*		14,128		2,430,016
International Speedway Corp., Class A		13,220		322,568
Life Time Fitness, Inc.*		18,899		745,943
Panera Bread Co., Class A*		14,149		1,253,743
Scientific Games Corp., Class A*		28,485		276,304
Wendy’s/Arby’s Group, Inc., Class A		145,664		659,858
WMS Industries, Inc.*		26,324		1,002,155

				10,685,196

*Household Durables* (*0.8%*)
American Greetings Corp., Class A		18,027		335,122
KB Home		32,592		369,267
M.D.C. Holdings, Inc.		17,036		494,555
Mohawk Industries, Inc.*		25,423		1,355,046
NVR, Inc.*		2,717		1,759,339
Ryland Group, Inc.		19,887		356,375
Toll Brothers, Inc.*		65,294		1,241,892
Tupperware Brands Corp.		28,572		1,307,455

				7,219,051

*Internet & Catalog Retail* (*0.3%*)
Netflix, Inc.*		19,721		3,197,957

*Media* (*0.4%*)
DreamWorks Animation SKG, Inc., Class A*		32,364		1,032,735
Harte-Hanks, Inc.		17,327		202,206
John Wiley & Sons, Inc., Class A		21,021		858,918
Lamar Advertising Co., Class A*		25,892		823,883
Scholastic Corp.		12,614		350,922

				3,268,664

*Multiline Retail* (*0.4%*)
99 Cents Only Stores*		21,050		397,424
Dollar Tree, Inc.*		57,454		2,801,457
Saks, Inc.*		72,752	$	625,667

				3,824,548

*Specialty Retail* (*2.0%*)
Aaron’s, Inc.		32,932		607,595
Advance Auto Parts, Inc.		38,127		2,237,292
Aeropostale, Inc.*		41,847		972,943
American Eagle Outfitters, Inc.		88,490		1,323,810
AnnTaylor Stores Corp.*		26,663		539,659
Barnes & Noble, Inc.		17,624		285,685
Chico’s FAS, Inc.		81,036		852,499
Coldwater Creek, Inc.*		27,732		146,148
Collective Brands, Inc.*		29,073		469,238
Dick’s Sporting Goods, Inc.*		39,885		1,118,375
Dress Barn, Inc.*		31,234		741,808
Foot Locker, Inc.		70,396		1,022,854
Guess?, Inc.		28,637		1,163,521
J. Crew Group, Inc.*		28,865		970,441
PetSmart, Inc.		53,687		1,879,045
Rent-A-Center, Inc.		29,773		666,320
Tractor Supply Co.		32,818		1,301,562
Williams-Sonoma, Inc.		48,985		1,552,825

				17,851,620

*Textiles, Apparel & Luxury Goods* (*0.7%*)
Fossil, Inc.*		23,984		1,290,099
Hanesbrands, Inc.*		43,310		1,119,997
Phillips-Van Heusen Corp.		30,011		1,805,462
Timberland Co., Class A*		18,194		360,423
Under Armour, Inc., Class A*		15,866		714,605
Warnaco Group, Inc.*		20,186		1,032,110

				6,322,696

Total Consumer Discretionary				64,210,519

Consumer Staples (2.0%)
*Beverages* (*0.2%*)
Hansen Natural Corp.*		31,098		1,449,789

*Food & Staples Retailing* (*0.2%*)
BJ’s Wholesale Club, Inc.*		24,720		1,025,880
Ruddick Corp.		19,252		667,660

				1,693,540

*Food Products* (*0.8%*)
Corn Products International, Inc.		34,102		1,278,825
Flowers Foods, Inc.		34,454		855,837
Green Mountain Coffee Roasters, Inc.*		51,946		1,620,196
Lancaster Colony Corp.		8,732		414,770
Ralcorp Holdings, Inc.*		24,898		1,456,035
Smithfield Foods, Inc.*		73,075		1,229,852
Tootsie Roll Industries, Inc.		11,077		275,596

				7,131,111

*Household Products* (*0.5%*)
Church & Dwight Co., Inc.		32,108		2,085,093
Energizer Holdings, Inc.*		31,786		2,136,973

				4,222,066

*Personal Products* (*0.3%*)
Alberto-Culver Co.		38,859		1,463,041
NBTY, Inc.*		28,725		1,579,301

				3,042,342

*Tobacco* (*0.0%*)
Universal Corp.		10,967		439,667

Total Consumer Staples				17,978,515

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM MID CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Energy (2.9%)
*Energy Equipment & Services* (*1.0%*)
Atwood Oceanics, Inc.*		25,376	$	772,699
Exterran Holdings, Inc.*		28,516		647,598
Helix Energy Solutions Group, Inc.*		47,625		530,543
Oceaneering International, Inc.*		24,491		1,319,085
Patterson-UTI Energy, Inc.		69,673		1,190,015
Pride International, Inc.*		79,438		2,337,860
Superior Energy Services, Inc.*		35,635		951,098
Tidewater, Inc.		23,247		1,041,698
Unit Corp.*		17,929		668,573

				9,459,169

*Oil, Gas & Consumable Fuels* (*1.9%*)
Arch Coal, Inc.		73,544		1,964,360
Bill Barrett Corp.*		20,806		749,016
Cimarex Energy Co.		38,121		2,522,848
Comstock Resources, Inc.*		21,409		481,488
Forest Oil Corp.*		51,257		1,522,333
Frontier Oil Corp.		47,737		639,676
Mariner Energy, Inc.*		46,690		1,131,299
Newfield Exploration Co.*		60,513		3,475,867
Overseas Shipholding Group, Inc.		12,059		413,865
Patriot Coal Corp.*		36,202		413,065
Plains Exploration & Production Co.*		63,362		1,689,864
Quicksilver Resources, Inc.*		53,130		669,438
Southern Union Co.		56,302		1,354,626

				17,027,745

Total Energy				26,486,914

Financials (10.2%)
*Capital Markets* (*1.1%*)
Affiliated Managers Group, Inc.*		23,175		1,807,882
Apollo Investment Corp.		87,910		899,319
Eaton Vance Corp.		53,433		1,551,694
Greenhill & Co., Inc.		11,489		911,308
Jefferies Group, Inc.		55,888		1,268,099
Raymond James Financial, Inc.		45,061		1,141,395
SEI Investments Co.		66,529		1,353,200
Waddell & Reed Financial, Inc., Class A		38,598		1,056,041

				9,988,938

*Commercial Banks* (*1.7%*)
Associated Banc-Corp.		78,256		1,032,197
BancorpSouth, Inc.		33,200		470,776
Bank of Hawaii Corp.		21,854		981,682
Cathay General Bancorp		35,482		421,881
City National Corp./California		21,001		1,114,523
Commerce Bancshares, Inc./Missouri		33,622		1,263,851
Cullen/Frost Bankers, Inc.		27,519		1,482,448
First Horizon National Corp.*		436		4,976
FirstMerit Corp.		49,174		900,868
Fulton Financial Corp.		89,947		814,920
International Bancshares Corp.		23,875		403,249
PacWest Bancorp		14,227		271,167
Prosperity Bancshares, Inc.		21,050		683,493
SVB Financial Group*		18,979		803,191
Synovus Financial Corp.		355,267		873,957
TCF Financial Corp.		57,249		926,861
Trustmark Corp.		25,728		559,327
Valley National Bancorp		72,842		939,662
Webster Financial Corp.		29,752		522,445
Westamerica Bancorp		13,181		718,233
Wilmington Trust Corp.		41,421		371,960

				15,561,667

*Consumer Finance* (*0.1%*)
AmeriCredit Corp.*		44,389	$	1,085,755

*Diversified Financial Services* (*0.2%*)
MSCI, Inc., Class A*		53,291		1,769,794

*Insurance* (*2.2%*)
American Financial Group, Inc./Ohio		35,818		1,095,314
Arthur J. Gallagher & Co.		47,628		1,255,950
Brown & Brown, Inc.		52,757		1,065,164
Everest Reinsurance Group Ltd.		25,444		2,200,143
Fidelity National Financial, Inc., Class A		103,027		1,618,554
First American Financial Corp.		47,071		703,241
Hanover Insurance Group, Inc.		20,379		957,813
HCC Insurance Holdings, Inc.		52,079		1,358,741
Mercury General Corp.		16,093		657,721
Old Republic International Corp.		112,817		1,562,516
Protective Life Corp.		38,732		842,808
Reinsurance Group of America, Inc.		33,151		1,600,862
Stancorp Financial Group, Inc.		21,144		803,472
Transatlantic Holdings, Inc.		28,849		1,466,106
Unitrin, Inc.		22,667		552,848
W. R. Berkley Corp.		55,044		1,490,041

				19,231,294

*Real Estate Investment Trusts (REITs)* (*4.0%*)
Alexandria Real Estate Equities, Inc. (REIT)		24,638		1,724,660
AMB Property Corp. (REIT)		76,113		2,014,711
BRE Properties, Inc. (REIT)		29,007		1,203,791
Camden Property Trust (REIT)		30,367		1,456,705
Corporate Office Properties Trust/Maryland (REIT)		26,801		999,945
Cousins Properties, Inc. (REIT)		46,774		333,966
Duke Realty Corp. (REIT)		113,762		1,318,502
Equity One, Inc. (REIT)		18,765		316,753
Essex Property Trust, Inc. (REIT)		13,762		1,506,113
Federal Realty Investment Trust (REIT)		27,860		2,275,048
Highwoods Properties, Inc. (REIT)		32,395		1,051,866
Hospitality Properties Trust (REIT)		55,782		1,245,612
Liberty Property Trust (REIT)		51,442		1,641,000
Macerich Co. (REIT)		58,890		2,529,326
Mack-Cali Realty Corp. (REIT)		35,952		1,175,990
Nationwide Health Properties, Inc. (REIT)		56,033		2,166,796
Omega Healthcare Investors, Inc. (REIT)		42,843		961,825
Potlatch Corp. (REIT)		18,042		613,428
Rayonier, Inc. (REIT)		36,315		1,820,108
Realty Income Corp. (REIT)		49,731		1,676,929
Regency Centers Corp. (REIT)		37,094		1,464,100
Senior Housing Properties Trust (REIT)		57,632		1,354,352
SL Green Realty Corp. (REIT)		35,436		2,244,162
UDR, Inc. (REIT)		81,153		1,713,951
Weingarten Realty Investors (REIT)		54,468		1,188,492

				35,998,131

*Real Estate Management & Development* (*0.2%*)
Jones Lang LaSalle, Inc.		19,336		1,668,117

*Thrifts & Mortgage Finance* (*0.7%*)
Astoria Financial Corp.		37,180		506,763
First Niagara Financial Group, Inc.		94,594		1,102,020

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM MID CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
New York Community Bancorp, Inc.		197,025	$	3,201,656
NewAlliance Bancshares, Inc.		47,496		599,400
Washington Federal, Inc.		50,820		775,513

				6,185,352

Total Financials				91,489,048

Health Care (5.7%)
*Biotechnology* (*0.5%*)
United Therapeutics Corp.*		22,502		1,260,337
Vertex Pharmaceuticals, Inc.*		91,831		3,174,598

				4,434,935

*Health Care Equipment & Supplies* (*2.0%*)
Beckman Coulter, Inc.		31,388		1,531,420
Edwards Lifesciences Corp.*		51,335		3,442,012
Gen-Probe, Inc.*		21,995		1,065,878
Hill-Rom Holdings, Inc.		28,685		1,029,505
Hologic, Inc.*		117,234		1,876,916
IDEXX Laboratories, Inc.*		26,132		1,612,867
Immucor, Inc.*		31,624		627,104
Kinetic Concepts, Inc.*		28,253		1,033,495
Masimo Corp.		26,593		726,255
ResMed, Inc.*		68,533		2,248,568
STERIS Corp.		26,998		896,873
Teleflex, Inc.		18,078		1,026,469
Thoratec Corp.*		26,479		979,193

				18,096,555

*Health Care Providers & Services* (*1.7%*)
Community Health Systems, Inc.*		42,735		1,323,503
Health Management Associates, Inc., Class A*		113,402		868,659
Health Net, Inc.*		44,110		1,199,351
Henry Schein, Inc.*		41,444		2,427,790
Kindred Healthcare, Inc.*		17,782		231,522
LifePoint Hospitals, Inc.*		24,529		859,987
Lincare Holdings, Inc.		44,371		1,113,268
MEDNAX, Inc.*		21,547		1,148,455
Omnicare, Inc.		53,433		1,275,980
Owens & Minor, Inc.		28,631		814,838
Psychiatric Solutions, Inc.*		25,892		868,677
Universal Health Services, Inc., Class B		43,948		1,707,819
VCA Antech, Inc.*		38,894		820,274
WellCare Health Plans, Inc.*		19,231		556,930

				15,217,053

*Health Care Technology* (*0.2%*)
Allscripts Healthcare Solutions, Inc.*		74,159		1,369,717

*Life Sciences Tools & Services* (*0.8%*)
Bio-Rad Laboratories, Inc., Class A*		8,764		793,230
Charles River Laboratories International, Inc.*		30,006		994,699
Covance, Inc.*		29,285		1,370,245
Mettler-Toledo International, Inc.*		15,110		1,880,288
Pharmaceutical Product Development, Inc.		53,774		1,333,057
Techne Corp.		16,819		1,038,237

				7,409,756

*Pharmaceuticals* (*0.5%*)
Endo Pharmaceuticals Holdings, Inc.*		52,178		1,734,397
Medicis Pharmaceutical Corp., Class A		27,185		806,035
Perrigo Co.		37,395	$	2,401,507

				4,941,939

Total Health Care				51,469,955

Industrials (7.6%)
*Aerospace & Defense* (*0.3%*)
Alliant Techsystems, Inc.*		15,075		1,136,655
BE Aerospace, Inc.*		46,287		1,402,959

				2,539,614

*Airlines* (*0.2%*)
AirTran Holdings, Inc.*		61,220		449,967
Alaska Air Group, Inc.*		16,197		826,533
JetBlue Airways Corp.*		91,165		609,894

				1,886,394

*Building Products* (*0.1%*)
Lennox International, Inc.		20,667		861,607

*Commercial Services & Supplies* (*0.8%*)
Brink’s Co.		21,225		488,175
Clean Harbors, Inc.*		10,416		705,684
Copart, Inc.*		32,468		1,070,470
Corrections Corp. of America*		49,938		1,232,470
Deluxe Corp.		23,174		443,318
Herman Miller, Inc.		25,819		508,118
HNI Corp.		20,333		584,777
Mine Safety Appliances Co.		13,972		378,641
Rollins, Inc.		19,094		446,418
Waste Connections, Inc.*		35,020		1,388,893

				7,246,964

*Construction & Engineering* (*0.7%*)
Aecom Technology Corp.*		52,516		1,274,038
Granite Construction, Inc.		15,410		350,423
KBR, Inc.		70,704		1,742,147
Shaw Group, Inc.*		38,209		1,282,294
URS Corp.*		37,924		1,440,354

				6,089,256

*Electrical Equipment* (*0.9%*)
Acuity Brands, Inc.		19,677		870,510
AMETEK, Inc.		48,188		2,301,941
Baldor Electric Co.		21,362		863,025
Hubbell, Inc., Class B		27,190		1,379,892
Regal-Beloit Corp.		17,454		1,024,375
Thomas & Betts Corp.*		23,633		969,426
Woodward Governor Co.		26,469		858,125

				8,267,294

*Industrial Conglomerates* (*0.1%*)
Carlisle Cos., Inc.		27,548		825,063

*Machinery* (*3.0%*)
AGCO Corp.*		42,096		1,642,165
Bucyrus International, Inc.		36,726		2,546,948
Crane Co.		21,081		799,813
Donaldson Co., Inc.		34,615		1,631,405
Gardner Denver, Inc.		23,703		1,272,377
Graco, Inc.		27,277		865,499
Harsco Corp.		36,349		893,458
IDEX Corp.		36,814		1,307,265
Joy Global, Inc.		46,736		3,286,476
Kennametal, Inc.		37,052		1,146,018
Lincoln Electric Holdings, Inc.		19,206		1,110,491
Nordson Corp.		15,347		1,130,920
Oshkosh Corp.*		40,965		1,126,537
Pentair, Inc.		44,671		1,502,286
SPX Corp.		22,656		1,433,672

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM MID CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Terex Corp.*		49,149	$	1,126,495
Timken Co.		36,382		1,395,614
Trinity Industries, Inc.		36,006		801,854
Valmont Industries, Inc.		9,679		700,760
Wabtec Corp.		21,685		1,036,326

				26,756,379

*Marine* (*0.2%*)
Alexander & Baldwin, Inc.		18,633		649,174
Kirby Corp.*		24,391		977,103

				1,626,277

*Professional Services* (*0.5%*)
Corporate Executive Board Co.		15,528		490,064
FTI Consulting, Inc.*		21,145		733,520
Korn/Ferry International*		20,936		346,281
Manpower, Inc.		37,259		1,944,920
Navigant Consulting, Inc.*		22,673		263,687
Towers Watson & Co., Class A		20,470		1,006,714

				4,785,186

*Road & Rail* (*0.6%*)
Con-way, Inc.		24,655		764,059
J.B. Hunt Transport Services, Inc.		40,172		1,393,968
Kansas City Southern*		46,392		1,735,525
Landstar System, Inc.		22,545		870,688
Werner Enterprises, Inc.		19,990		409,595

				5,173,835

*Trading Companies & Distributors* (*0.2%*)
GATX Corp.		20,906		612,964
MSC Industrial Direct Co., Class A		20,125		1,087,555
United Rentals, Inc.*		27,338		405,696

				2,106,215

Total Industrials				68,164,084

Information Technology (8.0%)
*Communications Equipment* (*1.0%*)
ADC Telecommunications, Inc.*		49,043		621,375
ADTRAN, Inc.		28,358		1,001,037
Ciena Corp.*		42,260		657,988
CommScope, Inc.*		42,840		1,017,022
F5 Networks, Inc.*		36,469		3,785,847
Plantronics, Inc.		21,516		726,811
Polycom, Inc.*		38,544		1,051,480

				8,861,560

*Computers & Peripherals* (*0.2%*)
Diebold, Inc.		29,735		924,461
NCR Corp.*		72,559		988,979

				1,913,440

*Electronic Equipment, Instruments & Components* (*1.1%*)
Arrow Electronics, Inc.*		53,302		1,424,763
Avnet, Inc.*		68,647		1,854,156
Ingram Micro, Inc., Class A*		70,856		1,194,632
Itron, Inc.*		18,249		1,117,386
National Instruments Corp.		26,544		866,927
Tech Data Corp.*		21,088		849,846
Trimble Navigation Ltd.*		53,921		1,889,392
Vishay Intertechnology, Inc.*		84,444		817,418

				10,014,520

*Internet Software & Services* (*0.6%*)
AOL, Inc.*		48,269		1,194,658
Digital River, Inc.*		17,964		611,494
Equinix, Inc.*		20,640		2,112,504
Rackspace Hosting, Inc.*		43,643		1,133,845
ValueClick, Inc.*		36,938		483,149

				5,535,650

*IT Services* (*1.5%*)
Acxiom Corp.*		36,200	$	574,132
Alliance Data Systems Corp.*		23,857		1,556,908
Broadridge Financial Solutions, Inc.		57,325		1,311,023
Convergys Corp.*		56,096		586,203
CoreLogic, Inc.		47,068		901,823
DST Systems, Inc.		16,263		729,233
Gartner, Inc.*		32,721		963,306
Global Payments, Inc.		36,082		1,547,557
Hewitt Associates, Inc., Class A*		42,308		2,133,592
Lender Processing Services, Inc.		42,153		1,400,744
ManTech International Corp., Class A*		10,130		401,148
NeuStar, Inc., Class A*		33,943		843,823
SRA International, Inc., Class A*		19,307		380,734

				13,330,226

*Office Electronics* (*0.1%*)
Zebra Technologies Corp., Class A*		25,686		864,077

*Semiconductors & Semiconductor Equipment* (*1.4%*)
Atmel Corp.*		208,831		1,662,295
Cree, Inc.*		48,888		2,654,129
Fairchild Semiconductor International, Inc.*		56,417		530,320
Integrated Device Technology, Inc.*		71,763		419,814
International Rectifier Corp.*		31,731		669,207
Intersil Corp., Class A		55,982		654,430
Lam Research Corp.*		56,235		2,353,435
RF Micro Devices, Inc.*		123,460		758,044
Semtech Corp.*		28,052		566,370
Silicon Laboratories, Inc.*		20,233		741,539
Skyworks Solutions, Inc.*		80,834		1,671,647

				12,681,230

*Software* (*2.1%*)
ACI Worldwide, Inc.*		15,026		336,432
Advent Software, Inc.*		7,157		373,524
ANSYS, Inc.*		41,127		1,737,616
Cadence Design Systems, Inc.*		120,482		919,278
FactSet Research Systems, Inc.		20,964		1,700,809
Fair Isaac Corp.		18,889		465,803
Informatica Corp.*		41,891		1,609,033
Jack Henry & Associates, Inc.		38,808		989,604
Mentor Graphics Corp.*		49,425		522,422
MICROS Systems, Inc.*		36,234		1,533,785
Parametric Technology Corp.*		52,153		1,019,069
Quest Software, Inc.*		27,742		682,176
Rovi Corp.*		46,703		2,354,298
Solera Holdings, Inc.		31,673		1,398,680
Synopsys, Inc.*		67,236		1,665,436
TIBCO Software, Inc.*		74,182		1,315,989

				18,623,954

Total Information Technology				71,824,657

Materials (3.3%)
*Chemicals* (*1.7%*)
Albemarle Corp.		41,355		1,935,828
Ashland, Inc.		35,633		1,737,821
Cabot Corp.		29,554		962,574
Cytec Industries, Inc.		22,171		1,250,001
Intrepid Potash, Inc.*		20,026		522,078
Lubrizol Corp.		30,620		3,244,801
Minerals Technologies, Inc.		8,435		496,990
NewMarket Corp.		4,492		510,651
Olin Corp.		35,804		721,809

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM MID CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
RPM International, Inc.		58,798	$	1,171,256
Scotts Miracle-Gro Co., Class A		20,899		1,081,105
Sensient Technologies Corp.		22,488		685,659
Valspar Corp.		44,546		1,418,790

				15,739,363

*Construction Materials* (*0.2%*)
Martin Marietta Materials, Inc.		20,661		1,590,277

*Containers & Packaging* (*0.8%*)
AptarGroup, Inc.		30,483		1,392,159
Greif, Inc., Class A		14,073		828,055
Packaging Corp. of America		46,852		1,085,561
Rock-Tenn Co., Class A		17,609		877,104
Silgan Holdings, Inc.		24,271		769,391
Sonoco Products Co.		45,578		1,524,128
Temple-Inland, Inc.		48,721		909,134

				7,385,532

*Metals & Mining* (*0.5%*)
Carpenter Technology Corp.		19,856		669,346
Commercial Metals Co.		51,715		749,350
Reliance Steel & Aluminum Co.		33,609		1,395,782
Steel Dynamics, Inc.		98,054		1,383,542
Worthington Industries, Inc.		25,850		388,525

				4,586,545

*Paper & Forest Products* (*0.1%*)
Louisiana-Pacific Corp.*		58,457		442,520

Total Materials				29,744,237

Telecommunication Services (0.4%)
*Diversified Telecommunication Services* (*0.2%*)
Cincinnati Bell, Inc.*		91,214		243,541
tw telecom, Inc.*		68,549		1,272,955

				1,516,496

*Wireless Telecommunication Services* (*0.2%*)
Syniverse Holdings, Inc.*		31,406		711,974
Telephone & Data Systems, Inc.		41,795		1,370,876

				2,082,850

Total Telecommunication Services				3,599,346

Utilities (3.1%)
*Electric Utilities* (*0.9%*)
Cleco Corp.		27,416		812,062
DPL, Inc.		53,849		1,407,074
Great Plains Energy, Inc.		61,288		1,158,343
Hawaiian Electric Industries, Inc.		42,398		955,651
IDACORP, Inc.		21,800		783,056
NV Energy, Inc.		106,312		1,398,003
PNM Resources, Inc.		39,217		446,682
Westar Energy, Inc.		50,132		1,214,698

				8,175,569

*Gas Utilities* (*1.1%*)
AGL Resources, Inc.		35,241		1,351,845
Atmos Energy Corp.		40,806		1,193,576
Energen Corp.		32,540		1,487,729
National Fuel Gas Co.		37,129		1,923,653
Questar Corp.		79,391		1,391,724
UGI Corp.		49,716		1,422,375
WGL Holdings, Inc.		22,967		867,693

				9,638,595

*Independent Power Producers & Energy Traders* (*0.0%*)
Dynegy, Inc.*		46,093		224,473

*Multi-Utilities* (*1.0%*)
Alliant Energy Corp.		50,136	$	1,822,444
Black Hills Corp.		17,768		554,362
MDU Resources Group, Inc.		85,113		1,698,004
NSTAR		46,864		1,844,098
OGE Energy Corp.		44,087		1,757,749
Vectren Corp.		36,744		950,567

				8,627,224

*Water Utilities* (*0.1%*)
Aqua America, Inc.		62,045		1,265,718

Total Utilities				27,931,579

Total Common Stocks (50.3%) (Cost $401,349,488)				452,898,854


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Short-Term Investment (45.3%)
BlackRock Liquidity Funds TempFund
0.23% ‡	$	407,241,245		407,241,245

Time Deposit (0.1%)
JPMorgan Chase Nassau
0.000%, 10/1/10		875,568		875,568

Total Short-Term Investments (45.4%) (Amortized Cost $408,116,813)				408,116,813

Total Investments (95.7%) (Cost/Amortized Cost $809,466,301)				861,015,667
Other Assets Less Liabilities (4.3%)				38,805,605

Net Assets (100%)			$	899,821,272

*	Non-income producing.

‡	Affiliated company as defined under the Investment Company Act of 1940.

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM MID CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds
TempFund	$	441,334,009	$	589,908,431	$	624,001,195	$	407,241,245	$	515,529	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchases
Russell 2000 Mini Index		499		December-10	$	31,331,887	$	33,657,550	$	2,325,663
S&P 500 E-Mini Index		581		December-10		31,907,620		33,021,135		1,113,515
S&P MidCap 400 E-Mini Index		4,760		December-10		365,476,933		380,847,600		15,370,667

									$	18,809,845

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	64,210,519	$	—	$	—	$	64,210,519
Consumer Staples		17,978,515		—		—		17,978,515
Energy		26,486,914		—		—		26,486,914
Financials		91,489,048		—		—		91,489,048
Health Care		51,469,955		—		—		51,469,955
Industrials		68,164,084		—		—		68,164,084
Information Technology		71,824,657		—		—		71,824,657
Materials		29,744,237		—		—		29,744,237
Telecommunication Services		3,599,346		—		—		3,599,346
Utilities		27,931,579		—		—		27,931,579
Futures		18,809,845		—		—		18,809,845
Short-Term Investments		—		408,116,813		—		408,116,813

Total Assets	$	471,708,699	$	408,116,813	$	—	$	879,825,512

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	471,708,699	$	408,116,813	$	—	$	879,825,512

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM MID CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	73,210,942
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	295,255,757

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	65,790,241
Aggregate gross unrealized depreciation		(14,724,592	)

Net unrealized appreciation	$	51,065,649

Federal income tax cost of investments	$	809,950,018

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (7.0%)
*Auto Components* (*0.4%*)
American Axle & Manufacturing Holdings, Inc.*		27,586	$	248,826
Amerigon, Inc.*		12,544		129,203
Cooper Tire & Rubber Co.		32,654		640,998
Dana Holding Corp.*		74,706		920,378
Dorman Products, Inc.*		6,200		191,084
Drew Industries, Inc.*		10,210		212,980
Exide Technologies, Inc.*		39,606		189,713
Fuel Systems Solutions, Inc.*		7,072		276,586
Hawk Corp., Class A*		1,251		54,131
Modine Manufacturing Co.*		25,146		326,144
Shiloh Industries, Inc.*		8,700		84,216
Spartan Motors, Inc.		24,207		112,320
Standard Motor Products, Inc.		15,139		159,414
Stoneridge, Inc.*		8,975		94,327
Superior Industries International, Inc.		10,276		177,569
Tenneco, Inc.*		33,006		956,184

				4,774,073

*Automobiles* (*0.0%*)
Winnebago Industries, Inc.*		12,688		132,209

*Distributors* (*0.0%*)
Audiovox Corp., Class A*		13,496		92,313
Core-Mark Holding Co., Inc.*		5,773		178,732

				271,045

*Diversified Consumer Services* (*0.6%*)
American Public Education, Inc.*		9,447		310,428
Bridgepoint Education, Inc.*		9,590		148,261
Cambium Learning Group, Inc.*		16,500		52,800
Capella Education Co.*		8,833		685,617
Coinstar, Inc.*		17,166		737,966
Corinthian Colleges, Inc.*		46,173		324,135
CPI Corp.		3,915		101,320
Grand Canyon Education, Inc.*		16,264		356,670
K12, Inc.*		13,509		392,166
Learning Tree International, Inc.		6,451		65,284
Lincoln Educational Services Corp.*		8,729		125,785
Mac-Gray Corp.		11,309		137,178
Matthews International Corp., Class A		15,633		552,783
National American University Holdings, Inc.		8,800		59,136
Pre-Paid Legal Services, Inc.*		4,191		261,896
Princeton Review, Inc.*		45,138		92,082
Regis Corp.		30,106		575,928
Sotheby’s, Inc.		36,326		1,337,523
Steiner Leisure Ltd.*		7,660		291,846
Stewart Enterprises, Inc., Class A		37,358		201,360
Universal Technical Institute, Inc.		10,398		203,281

				7,013,445

*Hotels, Restaurants & Leisure* (*1.3%*)
AFC Enterprises, Inc.*		11,459		142,092
Ambassadors Group, Inc.		12,293		139,403
Ameristar Casinos, Inc.		14,944		260,773
Biglari Holdings, Inc.*		738		242,544
BJ’s Restaurants, Inc.*		11,933		336,033
Bluegreen Corp.*		22,514		62,814
Bob Evans Farms, Inc.		16,151		453,359
Boyd Gaming Corp.*		28,469		206,400
Buffalo Wild Wings, Inc.*		9,539		456,823
California Pizza Kitchen, Inc.*		8,990	$	153,369
Caribou Coffee Co., Inc.*		6,884		71,594
Carrols Restaurant Group, Inc.*		12,447		65,969
CEC Entertainment, Inc.*		12,198		418,757
Cheesecake Factory, Inc.*		32,308		855,193
Churchill Downs, Inc.		6,183		220,857
Cracker Barrel Old Country Store, Inc.		12,740		646,682
Denny’s Corp.*		41,524		129,140
DineEquity, Inc.*		9,969		448,406
Domino’s Pizza, Inc.*		17,695		233,928
Einstein Noah Restaurant Group, Inc.*		1,375		14,575
Gaylord Entertainment Co.*		18,729		571,234
Interval Leisure Group, Inc.*		19,091		257,156
Isle of Capri Casinos, Inc.*		14,761		105,689
Jack in the Box, Inc.*		30,447		652,784
Jamba, Inc.*		47,575		104,189
Krispy Kreme Doughnuts, Inc.*		32,832		150,371
Landry’s Restaurants, Inc.*		5,209		127,568
Life Time Fitness, Inc.*		23,017		908,481
Marcus Corp.		12,130		143,740
McCormick & Schmick’s Seafood Restaurants, Inc.*		11,646		90,606
Monarch Casino & Resort, Inc.*		8,165		91,530
Morgans Hotel Group Co.*		17,766		130,047
Multimedia Games, Inc.*		15,240		56,388
O’Charleys, Inc.*		10,714		77,034
Orient-Express Hotels Ltd., Class A*		50,395		561,904
P.F. Chang’s China Bistro, Inc.		12,785		590,667
Papa John’s International, Inc.*		11,090		292,554
Peet’s Coffee & Tea, Inc.*		6,215		212,739
Pinnacle Entertainment, Inc.*		29,962		334,076
Red Lion Hotels Corp.*		14,589		108,542
Red Robin Gourmet Burgers, Inc.*		4,041		79,244
Ruby Tuesday, Inc.*		32,672		387,817
Ruth’s Hospitality Group, Inc.*		23,702		95,045
Scientific Games Corp., Class A*		34,155		331,303
Shuffle Master, Inc.*		29,080		244,563
Sonic Corp.*		30,944		250,027
Speedway Motorsports, Inc.		6,702		105,087
Texas Roadhouse, Inc.*		30,224		424,949
Vail Resorts, Inc.*		18,990		712,505

				13,756,550

*Household Durables* (*0.4%*)
American Greetings Corp., Class A		20,867		387,918
Beazer Homes USA, Inc.*		36,908		152,430
Blyth, Inc.		2,754		113,575
Brookfield Homes Corp.*		9,518		77,952
Cavco Industries, Inc.*		1,709		61,370
CSS Industries, Inc.		6,311		109,117
Ethan Allen Interiors, Inc.		12,247		213,833
Furniture Brands International, Inc.*		24,109		129,706
Helen of Troy Ltd.*		16,073		406,486
Hooker Furniture Corp.		7,520		87,458
Hovnanian Enterprises, Inc., Class A*		31,918		125,438
iRobot Corp.*		11,463		212,868
Kid Brands, Inc.*		14,429		124,089
La-Z-Boy, Inc.*		26,140		220,622
Libbey, Inc.*		10,537		138,772
Lifetime Brands, Inc.*		7,939		119,879
M/I Homes, Inc.*		10,681		110,762
Meritage Homes Corp.*		17,204		337,543

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
National Presto Industries, Inc.		2,557	$	272,244
Ryland Group, Inc.		23,526		421,586
Sealy Corp.*		43,476		106,081
Skyline Corp.		4,524		91,656
Standard Pacific Corp.*		50,269		199,568
Universal Electronics, Inc.*		6,411		133,669

				4,354,622

*Internet & Catalog Retail* (*0.2%*)
1-800-FLOWERS.COM, Inc., Class A*		24,910		47,080
Blue Nile, Inc.*		6,240		277,617
Drugstore.Com, Inc.*		25,363		48,697
Gaiam, Inc., Class A		19,116		127,886
HSN, Inc.*		21,443		641,146
NutriSystem, Inc.		15,054		289,639
Orbitz Worldwide, Inc.*		15,883		100,063
Overstock.com, Inc.*		7,255		114,049
PetMed Express, Inc.		11,074		193,795
Shutterfly, Inc.*		14,132		367,291
U.S. Auto Parts Network, Inc.*		12,875		105,575
Vitacost.com, Inc.*		3,254		19,556

				2,332,394

*Leisure Equipment & Products* (*0.4%*)
Arctic Cat, Inc.*		12,273		125,798
Brunswick Corp.		48,061		731,488
Callaway Golf Co.		29,496		206,472
Eastman Kodak Co.*		141,119		592,700
JAKKS Pacific, Inc.*		13,348		235,459
Leapfrog Enterprises, Inc.*		19,825		108,641
Marine Products Corp.*		11,596		71,200
Polaris Industries, Inc.		16,583		1,079,553
Pool Corp.		27,367		549,256
RC2 Corp.*		10,727		224,731
Smith & Wesson Holding Corp.*		39,927		142,140
Steinway Musical Instruments, Inc.*		5,603		96,484
Sturm Ruger & Co., Inc.		9,838		134,190
Summer Infant, Inc.*		4,026		31,483

				4,329,595

*Media* (*0.7%*)
AH Belo Corp., Class A*		17,820		125,987
Arbitron, Inc.		13,724		383,860
Ascent Media Corp., Class A*		7,893		210,822
Ballantyne Strong, Inc.*		4,855		41,996
Belo Corp., Class A*		48,111		298,288
Carmike Cinemas, Inc.*		11,836		103,210
Cinemark Holdings, Inc.		29,899		481,374
CKX, Inc.*		14,291		70,026
Crown Media Holdings, Inc., Class A*		6,656		15,908
Cumulus Media, Inc., Class A*		4,809		13,513
Dex One Corp.*		26,217		321,945
Entercom Communications Corp., Class A*		14,312		112,492
Entravision Communications Corp., Class A*		38,093		75,805
EW Scripps Co., Class A*		15,243		120,115
Fisher Communications, Inc.*		1,434		24,995
Global Sources Ltd.*		15,553		117,425
Gray Television, Inc.*		43,244		86,921
Harte-Hanks, Inc.		18,685		218,054
Journal Communications, Inc., Class A*		22,612		101,980
Knology, Inc.*		14,549		195,393
Lee Enterprises, Inc.*		9,815		26,304
LIN TV Corp., Class A*		16,713		74,206
Lions Gate Entertainment Corp.*		35,778	$	262,968
Live Nation Entertainment, Inc.*		76,454		755,366
LodgeNet Interactive Corp.*		28,660		80,248
Martha Stewart Living Omnimedia, Inc., Class A*		19,003		90,074
McClatchy Co., Class A*		34,488		135,538
Media General, Inc., Class A*		13,140		117,734
Mediacom Communications Corp., Class A*		20,605		136,199
National CineMedia, Inc.		22,511		402,947
Nexstar Broadcasting Group, Inc., Class A*		19,462		100,229
Outdoor Channel Holdings, Inc.*		11,108		61,427
Playboy Enterprises, Inc., Class B*		25,157		129,307
PRIMEDIA, Inc.		19,358		73,560
Radio One, Inc., Class D*		6,960		6,126
ReachLocal, Inc.*		5,000		68,900
Rentrak Corp.*		4,336		109,571
Scholastic Corp.		16,069		447,040
Sinclair Broadcast Group, Inc., Class A*		23,760		166,795
SuperMedia, Inc.*		7,118		75,237
Valassis Communications, Inc.*		27,071		917,436
Value Line, Inc.		4,935		68,449
Warner Music Group Corp.*		27,766		124,947
Westwood One, Inc.*		7,361		62,495
World Wrestling Entertainment, Inc., Class A		12,541		174,445

				7,787,657

*Multiline Retail* (*0.2%*)
99 Cents Only Stores*		24,477		462,126
Bon-Ton Stores, Inc.*		12,196		124,033
Dillard’s, Inc., Class A		24,356		575,776
Fred’s, Inc., Class A		18,596		219,433
Retail Ventures, Inc.*		14,642		157,548
Saks, Inc.*		74,609		641,637
Tuesday Morning Corp.*		17,426		83,122

				2,263,675

*Specialty Retail* (*1.7%*)
America’s Car-Mart, Inc.*		4,922		123,936
AnnTaylor Stores Corp.*		31,853		644,705
Asbury Automotive Group, Inc.*		16,384		230,523
Barnes & Noble, Inc.		20,004		324,265
bebe stores, Inc.		16,738		120,681
Big 5 Sporting Goods Corp.		11,327		152,008
Books-A-Million, Inc.		11,130		66,780
Borders Group, Inc.*		29,388		34,972
Brown Shoe Co., Inc.		22,846		262,044
Buckle, Inc.		13,215		350,726
Build-A-Bear Workshop, Inc.*		18,716		113,232
Cabela’s, Inc.*		20,991		398,409
Casual Male Retail Group, Inc.*		36,151		147,496
Cato Corp., Class A		14,061		376,272
Charming Shoppes, Inc.*		64,084		225,576
Children’s Place Retail Stores, Inc.*		14,533		708,774
Christopher & Banks Corp.		15,076		119,251
Citi Trends, Inc.*		7,704		186,514
Coldwater Creek, Inc.*		41,196		217,103
Collective Brands, Inc.*		33,874		546,726
Conn’s, Inc.*		2,824		13,131
Destination Maternity Corp.*		3,441		113,278
Dress Barn, Inc.*		31,323		743,921
DSW, Inc., Class A*		7,887		226,357
Express, Inc.*		9,133		138,913
Finish Line, Inc., Class A		26,693		371,300

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Genesco, Inc.*		12,156	$	363,221
Group 1 Automotive, Inc.*		13,508		403,619
Gymboree Corp.*		15,785		655,709
Haverty Furniture Cos., Inc.		12,884		140,564
hhgregg, Inc.*		6,648		164,604
Hibbett Sports, Inc.*		14,479		361,251
HOT Topic, Inc.		30,874		184,935
Jo-Ann Stores, Inc.*		15,043		670,166
Jos. A. Bank Clothiers, Inc.*		14,679		625,472
Kirkland’s, Inc.*		8,385		116,216
Lithia Motors, Inc., Class A		16,352		156,816
Lumber Liquidators Holdings, Inc.*		11,639		285,970
MarineMax, Inc.*		17,546		123,524
Men’s Wearhouse, Inc.		28,617		680,798
Midas, Inc.*		8,806		67,014
Monro Muffler Brake, Inc.		10,437		481,250
New York & Co., Inc.*		46,349		119,117
OfficeMax, Inc.*		44,424		581,510
Pacific Sunwear of California, Inc.*		35,701		186,716
Penske Automotive Group, Inc.*		23,075		304,590
PEP Boys-Manny, Moe & Jack		28,465		301,160
Pier 1 Imports, Inc.*		57,664		472,268
Rent-A-Center, Inc.		34,655		775,579
Rue21, Inc.*		7,706		198,892
Sally Beauty Holdings, Inc.*		48,394		542,013
Select Comfort Corp.*		28,659		194,308
Shoe Carnival, Inc.*		4,910		99,280
Sonic Automotive, Inc., Class A*		21,594		212,269
Stage Stores, Inc.		18,539		241,007
Stein Mart, Inc.*		17,589		155,311
Systemax, Inc.		6,181		75,903
Talbots, Inc.*		36,788		481,923
Ulta Salon Cosmetics & Fragrance, Inc.*		16,380		478,296
Vitamin Shoppe, Inc.*		7,324		201,044
West Marine, Inc.*		8,436		85,710
Wet Seal, Inc., Class A*		48,797		165,422
Winmark Corp.		2,200		73,568
Zumiez, Inc.*		11,574		244,906

				18,628,814

*Textiles, Apparel & Luxury Goods* (*1.1%*)
American Apparel, Inc.*		64,871		79,791
Carter’s, Inc.*		31,762		836,293
Cherokee, Inc.		5,425		98,952
Columbia Sportswear Co.		6,282		367,120
Crocs, Inc.*		47,329		615,750
Culp, Inc.*		9,802		96,060
Deckers Outdoor Corp.*		20,951		1,046,712
G-III Apparel Group Ltd.*		8,486		266,291
Iconix Brand Group, Inc.*		40,067		701,172
Joe’s Jeans, Inc.*		46,201		97,484
Jones Apparel Group, Inc.		47,387		930,681
Kenneth Cole Productions, Inc., Class A*		6,753		112,572
K-Swiss, Inc., Class A*		11,074		141,193
Liz Claiborne, Inc.*		52,173		317,212
Maidenform Brands, Inc.*		12,122		349,720
Movado Group, Inc.*		12,595		137,034
Oxford Industries, Inc.		7,845		186,554
Perry Ellis International, Inc.*		6,126		133,853
Quiksilver, Inc.*		63,238		247,261
Skechers U.S.A., Inc., Class A*		18,086		424,840
Steven Madden Ltd.*		12,665		520,025
Timberland Co., Class A*		22,654		448,776
True Religion Apparel, Inc.*		13,442		286,852
Under Armour, Inc., Class A*		18,775		845,626
Unifi, Inc.*		23,545	$	106,188
Volcom, Inc.*		9,500		181,640
Warnaco Group, Inc.*		24,545		1,254,986
Weyco Group, Inc.		5,433		131,587
Wolverine World Wide, Inc.		26,165		759,047

				11,721,272

Total Consumer Discretionary				77,365,351

Consumer Staples (1.6%)
*Beverages* (*0.1%*)
Boston Beer Co., Inc., Class A*		4,315		288,544
Coca-Cola Bottling Co. Consolidated		2,250		119,092
Heckmann Corp.*		42,501		165,754
MGP Ingredients, Inc.		4,153		32,601
National Beverage Corp.		8,373		117,222

				723,213

*Food & Staples Retailing* (*0.5%*)
Andersons, Inc.		9,306		352,697
Arden Group, Inc., Class A		1,083		89,348
Casey’s General Stores, Inc.		20,668		862,889
Great Atlantic & Pacific Tea Co., Inc.*		29,116		115,299
Ingles Markets, Inc., Class A		8,870		147,331
Nash Finch Co.		6,757		287,443
Pantry, Inc.*		12,846		309,717
Pricesmart, Inc.		8,818		256,868
Rite Aid Corp.*		287,639		271,244
Ruddick Corp.		24,373		845,256
Spartan Stores, Inc.		11,194		162,313
Susser Holdings Corp.*		2,567		35,938
United Natural Foods, Inc.*		23,079		764,838
Village Super Market, Inc., Class A		4,115		114,973
Weis Markets, Inc.		6,383		249,767
Winn-Dixie Stores, Inc.*		30,387		216,659

				5,082,580

*Food Products* (*0.6%*)
Alico, Inc.		4,473		103,953
B&G Foods, Inc.		23,296		254,392
Calavo Growers, Inc.		5,686		123,272
Cal-Maine Foods, Inc.		6,611		191,587
Chiquita Brands International, Inc.*		23,980		317,495
Darling International, Inc.*		45,108		384,320
Diamond Foods, Inc.		11,621		476,345
Dole Food Co., Inc.*		17,319		158,469
Farmer Bros Co.		6,504		104,064
Fresh Del Monte Produce, Inc.*		21,083		457,501
Griffin Land & Nurseries, Inc.		5,240		138,546
Hain Celestial Group, Inc.*		22,619		542,404
Harbinger Group, Inc.*		459		2,547
Imperial Sugar Co.		6,891		90,134
J&J Snack Foods Corp.		7,125		298,751
John B. Sanfilippo & Son, Inc.*		7,404		97,733
Lancaster Colony Corp.		9,941		472,198
Lance, Inc.		12,796		272,555
Lifeway Foods, Inc.*		2,305		24,249
Limoneira Co.		3,100		62,434
Pilgrim’s Pride Corp.*		25,741		144,664
Sanderson Farms, Inc.		12,129		525,064
Seneca Foods Corp., Class A*		1,941		50,835
Smart Balance, Inc.*		46,310		179,683
Synutra International, Inc.*		9,319		107,634
Tootsie Roll Industries, Inc.		12,253		304,855
TreeHouse Foods, Inc.*		19,135		882,123

				6,767,807

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Household Products* (*0.1%*)
Cellu Tissue Holdings, Inc.*		11,355	$	135,465
Central Garden & Pet Co., Class A*		28,489		295,146
Oil-Dri Corp. of America		4,029		86,664
Spectrum Brands Holdings, Inc.*		9,605		261,064
WD-40 Co.		9,198		349,708

				1,128,047

*Personal Products* (*0.2%*)
Elizabeth Arden, Inc.*		12,126		242,399
Female Health Co.		17,990		92,648
Inter Parfums, Inc.		6,915		121,635
Medifast, Inc.*		7,585		205,781
Nature’s Sunshine Products, Inc.*		10,323		92,288
Nu Skin Enterprises, Inc., Class A		25,956		747,533
Nutraceutical International Corp.*		2,617		41,061
Prestige Brands Holdings, Inc.*		19,373		191,599
Revlon, Inc., Class A*		6,746		85,134
Schiff Nutrition International, Inc.		10,543		86,452
USANA Health Sciences, Inc.*		4,500		181,620

				2,088,150

*Tobacco* (*0.1%*)
Alliance One International, Inc.*		45,397		188,398
Star Scientific, Inc.*		88,210		185,241
Universal Corp.		12,385		496,515
Vector Group Ltd.		24,068		450,073

				1,320,227

Total Consumer Staples				17,110,024

Energy (2.8%)
*Energy Equipment & Services* (*1.0%*)
Allis-Chalmers Energy, Inc.*		12,618		52,617
Basic Energy Services, Inc.*		11,344		96,651
Bristow Group, Inc.*		19,934		719,219
Cal Dive International, Inc.*		51,275		280,474
CARBO Ceramics, Inc.		10,171		823,851
Complete Production Services, Inc.*		43,064		880,659
Dawson Geophysical Co.*		5,562		148,227
Dril-Quip, Inc.*		18,785		1,166,736
Global Geophysical Services, Inc.*		8,300		60,507
Global Industries Ltd.*		55,756		304,985
Gulf Island Fabrication, Inc.		7,042		128,165
Gulfmark Offshore, Inc., Class A*		11,706		359,608
Helix Energy Solutions Group, Inc.*		54,887		611,441
Hercules Offshore, Inc.*		49,492		131,154
Hornbeck Offshore Services, Inc.*		10,928		212,987
ION Geophysical Corp.*		61,944		318,392
Key Energy Services, Inc.*		67,000		637,170
Lufkin Industries, Inc.		16,288		715,043
Matrix Service Co.*		16,956		148,365
Natural Gas Services Group, Inc.*		6,261		92,475
Newpark Resources, Inc.*		48,308		405,787
OYO Geospace Corp.*		2,172		125,715
Parker Drilling Co.*		63,695		277,073
PHI, Inc.*		8,188		132,482
Pioneer Drilling Co.*		28,589		182,398
RPC, Inc.		15,119		319,918
Seahawk Drilling, Inc.*		10,919		92,375
T-3 Energy Services, Inc.*		5,973		156,194
Tesco Corp.*		15,988		192,336
TETRA Technologies, Inc.*		39,727		405,216
Union Drilling, Inc.*		16,215		72,643
Vantage Drilling Co.*		99,743		159,589
Willbros Group, Inc.*		24,993		229,186

				10,639,638

*Oil, Gas & Consumable Fuels* (*1.8%*)
Abraxas Petroleum Corp.*		44,963	$	127,695
Alon USA Energy, Inc.		13,557		73,208
American Oil & Gas, Inc.*		26,752		216,691
Apco Oil and Gas International, Inc.		4,964		171,804
Approach Resources, Inc.*		11,641		130,146
ATP Oil & Gas Corp.*		24,577		335,476
Berry Petroleum Co., Class A		27,762		880,888
Bill Barrett Corp.*		25,468		916,848
BPZ Resources, Inc.*		51,691		197,977
Brigham Exploration Co.*		63,259		1,186,106
Callon Petroleum Co.*		20,359		100,777
CAMAC Energy, Inc.*		32,741		104,444
Carrizo Oil & Gas, Inc.*		16,090		385,195
Cheniere Energy, Inc.*		31,823		80,194
Clayton Williams Energy, Inc.*		3,155		159,611
Clean Energy Fuels Corp.*		21,095		299,760
Cloud Peak Energy, Inc.*		17,672		322,514
Contango Oil & Gas Co.*		6,584		330,253
Crosstex Energy, Inc.*		22,595		178,500
CVR Energy, Inc.*		17,308		142,791
Delek U.S. Holdings, Inc.		15,343		109,856
Delta Petroleum Corp.*		110,895		87,230
DHT Holdings, Inc.		28,817		119,014
Endeavour International Corp.*		96,360		124,304
Energy Partners Ltd.*		15,450		185,555
Energy XXI Bermuda Ltd.*		26,557		613,732
Evolution Petroleum Corp.*		20,371		122,430
FX Energy, Inc.*		30,881		127,847
Gastar Exploration Ltd.*		30,097		120,990
General Maritime Corp.		34,596		169,866
GeoResources, Inc.*		8,039		127,820
GMX Resources, Inc.*		9,559		46,457
Golar LNG Ltd.		19,415		243,076
Goodrich Petroleum Corp.*		11,815		172,145
Green Plains Renewable Energy, Inc.*		9,516		115,239
Gulfport Energy Corp.*		13,262		183,546
Hallador Energy Co.		6,500		75,595
Harvest Natural Resources, Inc.*		17,260		179,849
Houston American Energy Corp.		11,586		115,860
International Coal Group, Inc.*		70,996		377,699
Isramco, Inc.*		1,055		63,511
James River Coal Co.*		14,637		256,587
Knightsbridge Tankers Ltd.		9,170		173,313
Kodiak Oil & Gas Corp.*		62,509		211,906
L&L Energy, Inc.*		12,248		98,229
Magnum Hunter Resources Corp.*		31,120		128,837
McMoRan Exploration Co.*		43,762		753,144
Miller Petroleum, Inc.*		14,934		80,494
Nordic American Tanker Shipping Ltd.		25,124		672,318
Northern Oil and Gas, Inc.*		21,887		370,766
Oasis Petroleum, Inc.*		26,364		510,671
Overseas Shipholding Group, Inc.		13,447		461,501
Panhandle Oil and Gas, Inc., Class A		4,073		100,562
Patriot Coal Corp.*		39,990		456,286
Penn Virginia Corp.		23,479		376,603
Petroleum Development Corp.*		10,364		286,046
PetroQuest Energy, Inc.*		27,604		168,108
RAM Energy Resources, Inc.*		47,322		73,822
Rentech, Inc.*		137,527		135,602
Resolute Energy Corp.*		20,061		221,875
REX American Resources Corp.*		8,730		126,498
Rex Energy Corp.*		17,385		222,528
Rosetta Resources, Inc.*		29,259		687,294

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Scorpio Tankers, Inc.*		10,648	$	120,216
Ship Finance International Ltd.		24,336		472,848
Stone Energy Corp.*		21,051		310,081
Swift Energy Co.*		20,548		576,988
Syntroleum Corp.*		69,922		130,754
Teekay Tankers Ltd., Class A		14,164		184,274
TransAtlantic Petroleum Ltd.*		71,419		211,400
Uranium Energy Corp.*		31,381		102,930
USEC, Inc.*		60,680		314,929
VAALCO Energy, Inc.*		13,213		75,843
Venoco, Inc.*		9,740		191,196
W&T Offshore, Inc.		18,527		196,386
Warren Resources, Inc.*		39,908		158,435
Western Refining, Inc.*		29,902		156,686
World Fuel Services Corp.		35,275		917,503

				20,515,958

Total Energy				31,155,596

Financials (10.5%)
*Capital Markets* (*1.1%*)
American Capital Ltd.*		184,043		1,069,290
Apollo Investment Corp.		107,296		1,097,638
Arlington Asset Investment Corp., Class A		3,900		90,909
Artio Global Investors, Inc.		13,712		209,794
BGC Partners, Inc., Class A		25,673		153,268
BlackRock Kelso Capital Corp.		33,316		383,134
Calamos Asset Management, Inc., Class A		9,972		114,678
Capital Southwest Corp.		1,455		132,114
Cohen & Steers, Inc.		8,809		191,155
Cowen Group, Inc., Class A*		34,889		114,785
Diamond Hill Investment Group, Inc.		625		45,625
Duff & Phelps Corp., Class A		14,497		195,275
Epoch Holding Corp.		7,170		92,350
Evercore Partners, Inc., Class A		7,329		209,683
FBR Capital Markets Corp.*		30,469		95,673
Fifth Street Finance Corp.		24,039		267,794
Financial Engines, Inc.*		8,647		114,832
GAMCO Investors, Inc., Class A		3,349		129,037
GFI Group, Inc.		32,000		148,480
Gladstone Capital Corp.		10,413		117,354
Gladstone Investment Corp.		23,268		155,896
Gleacher & Co., Inc.*		51,255		82,521
Golub Capital BDC, Inc.		7,137		109,196
Harris & Harris Group, Inc.*		30,241		129,129
Hercules Technology Growth Capital, Inc.		18,064		182,627
HFF, Inc., Class A*		15,555		144,350
International Assets Holding Corp.*		6,288		113,813
Investment Technology Group, Inc.*		22,762		323,676
JMP Group, Inc.		21,524		131,296
KBW, Inc.		18,550		474,880
Knight Capital Group, Inc., Class A*		51,998		644,255
LaBranche & Co., Inc.*		39,187		152,829
Ladenburg Thalmann Financial Services, Inc.*		77,628		79,181
Main Street Capital Corp.		9,706		154,228
MCG Capital Corp.		42,206		246,483
MF Global Holdings Ltd.*		52,875		380,700
MVC Capital, Inc.		10,709		138,896
NGP Capital Resources Co.		6,137		55,601
Oppenheimer Holdings, Inc., Class A		4,337		121,219
optionsXpress Holdings, Inc.*		23,236		356,905
PennantPark Investment Corp.		15,043		159,606
Penson Worldwide, Inc.*		19,205		95,449
Piper Jaffray Cos., Inc.*		8,797	$	256,257
Prospect Capital Corp.		35,341		343,161
Pzena Investment Management, Inc., Class A		11,702		80,393
Safeguard Scientifics, Inc.*		9,721		121,804
Sanders Morris Harris Group, Inc.		23,371		132,280
Solar Capital Ltd.		5,703		122,329
Stifel Financial Corp.*		18,826		871,455
SWS Group, Inc.		8,114		58,177
TICC Capital Corp.		13,413		138,825
TradeStation Group, Inc.*		19,196		126,310
Triangle Capital Corp.		9,639		154,031
Virtus Investment Partners, Inc.*		1,247		37,734
Westwood Holdings Group, Inc.		4,219		142,729

				11,991,089

*Commercial Banks* (*2.9%*)
1st Source Corp.		7,703		133,724
1st United Bancorp, Inc.*		15,982		102,764
Alliance Financial Corp./New York		4,873		147,311
American National Bankshares, Inc.		2,641		57,944
Ameris Bancorp*		16,104		150,572
Ames National Corp.		6,938		138,344
Arrow Financial Corp.		4,700		117,873
BancFirst Corp.		3,150		127,449
Banco Latinoamericano de Comercio Exterior S.A., Class E		12,929		186,824
Bancorp Rhode Island, Inc.		1,544		43,124
Bancorp, Inc./Delaware*		20,595		137,781
Bank of Marin Bancorp/California		1,498		48,296
Bank of the Ozarks, Inc.		6,516		241,678
Boston Private Financial Holdings, Inc.		40,378		264,072
Bridge Bancorp, Inc.		5,943		148,516
Bryn Mawr Bank Corp.		7,661		131,922
Camden National Corp.		3,729		129,210
Capital City Bank Group, Inc.		11,122		135,021
Cardinal Financial Corp.		13,735		131,993
Cathay General Bancorp		42,787		508,737
Center Financial Corp.*		24,478		124,593
Centerstate Banks, Inc.		18,428		158,112
Century Bancorp, Inc./Massachusetts, Class A		787		18,801
Chemical Financial Corp.		13,046		269,269
Citizens & Northern Corp.		11,217		145,821
Citizens Republic Bancorp, Inc.*		184,378		166,143
City Holding Co.		7,876		241,557
CNB Financial Corp./Pennsylvania		2,210		30,388
CoBiz Financial, Inc.		29,868		166,066
Columbia Banking System, Inc.		21,368		419,881
Community Bank System, Inc.		18,021		414,663
Community Trust Bancorp, Inc.		7,217		195,509
CVB Financial Corp.		47,031		353,203
Danvers Bancorp, Inc.		9,906		151,859
Eagle Bancorp, Inc.*		9,566		109,818
Enterprise Financial Services Corp.		12,609		117,264
F.N.B. Corp./Pennsylvania		60,763		520,131
Financial Institutions, Inc.		5,131		90,613
First Bancorp, Inc./Maine		4,709		65,125
First Bancorp/North Carolina		7,119		96,961
First Bancorp/Puerto Rico*		33,312		9,327
First Busey Corp.		25,441		115,757
First Commonwealth Financial Corp.		53,516		291,662
First Community Bancshares, Inc./Virginia		7,719		99,575
First Financial Bancorp		30,802		513,777
First Financial Bankshares, Inc.		11,030		518,300

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
First Financial Corp./Indiana		5,548	$	163,666
First Interstate Bancsystem, Inc.		8,466		113,952
First Merchants Corp.		21,178		161,588
First Midwest Bancorp, Inc./Illinois		39,451		454,870
First of Long Island Corp.		5,528		138,089
First South Bancorp, Inc./North Carolina		3,692		36,625
FirstMerit Corp.		59,502		1,090,077
German American Bancorp, Inc.		9,473		162,557
Glacier Bancorp, Inc.		37,942		553,953
Great Southern Bancorp, Inc.		4,896		106,586
Green Bankshares, Inc.*		9,828		66,732
Hancock Holding Co.		15,244		458,387
Hanmi Financial Corp.*		86,310		110,477
Heartland Financial USA, Inc.		7,199		110,793
Heritage Financial Corp./Washington*		9,649		135,086
Home Bancorp, Inc.*		3,819		51,098
Home Bancshares, Inc./Arkansas		12,211		248,128
Hudson Valley Holding Corp.		6,576		128,364
IBERIABANK Corp.		14,812		740,304
Independent Bank Corp./Massachusetts		10,536		237,271
International Bancshares Corp.		28,289		477,801
Investors Bancorp, Inc.*		26,365		312,162
Lakeland Bancorp, Inc.		19,432		163,812
Lakeland Financial Corp.		8,007		149,411
MainSource Financial Group, Inc.		11,871		90,694
MB Financial, Inc.		27,242		441,865
Merchants Bancshares, Inc.		4,973		124,027
Metro Bancorp, Inc.*		11,345		117,875
Midsouth Bancorp, Inc.		7,780		110,087
MidWestOne Financial Group, Inc.		1,813		26,579
Nara Bancorp, Inc.*		19,074		134,662
National Bankshares, Inc./Virginia		6,013		155,135
National Penn Bancshares, Inc.		68,722		429,512
NBT Bancorp, Inc.		19,104		421,625
Northfield Bancorp, Inc./New Jersey		8,575		92,782
Old National Bancorp/Indiana		46,526		488,523
OmniAmerican Bancorp, Inc.*		11,537		130,022
Oriental Financial Group, Inc.		27,033		359,539
Orrstown Financial Services, Inc.		6,192		143,407
Pacific Continental Corp.		5,287		47,847
PacWest Bancorp		16,252		309,763
Park National Corp.		6,545		419,142
Peapack-Gladstone Financial Corp.		4,784		56,356
Penns Woods Bancorp, Inc.		1,707		56,416
Peoples Bancorp, Inc./Ohio		10,253		126,830
Pinnacle Financial Partners, Inc.*		15,915		146,259
PrivateBancorp, Inc.		28,816		328,214
Prosperity Bancshares, Inc.		25,222		818,958
Renasant Corp.		9,933		151,081
Republic Bancorp, Inc./Kentucky, Class A		2,687		56,776
S&T Bancorp, Inc.		13,772		239,908
Sandy Spring Bancorp, Inc.		12,074		187,147
SCBT Financial Corp.		6,278		195,811
Sierra Bancorp		9,825		121,339
Signature Bank/New York*		22,648		879,648
Simmons First National Corp., Class A		8,449		238,853
Southside Bancshares, Inc.		7,848		148,249
Southwest Bancorp, Inc./Oklahoma		5,444		70,609
State Bancorp, Inc./New York		15,566		139,783
StellarOne Corp.		11,801		150,109
Sterling Bancorp/New York		12,582		109,338
Sterling Bancshares, Inc./Texas		48,349	$	259,634
Suffolk Bancorp		4,598		116,421
Susquehanna Bancshares, Inc.		68,215		575,735
SVB Financial Group*		22,216		940,181
SY Bancorp, Inc.		5,542		137,552
Taylor Capital Group, Inc.*		8,442		96,830
Texas Capital Bancshares, Inc.*		19,833		342,516
Tompkins Financial Corp.		4,252		168,634
Tower Bancorp, Inc.		5,831		118,194
TowneBank/Virginia		11,968		179,041
Trico Bancshares		7,358		113,092
Trustmark Corp.		33,578		729,986
UMB Financial Corp.		16,795		596,390
Umpqua Holdings Corp.		63,350		718,389
Union First Market Bankshares Corp.		10,206		133,290
United Bankshares, Inc.		20,691		514,999
United Community Banks, Inc./Georgia*		43,655		97,787
Univest Corp. of Pennsylvania		8,299		144,901
Virginia Commerce Bancorp, Inc.*		16,645		80,895
Washington Banking Co.		7,911		109,646
Washington Trust Bancorp, Inc.		6,921		132,330
Webster Financial Corp.		35,095		616,268
WesBanco, Inc.		10,932		178,629
West Bancorp, Inc.*		17,086		107,642
West Coast Bancorp/Oregon*		48,591		110,787
Westamerica Bancorp		16,172		881,212
Western Alliance Bancorp*		30,897		207,010
Whitney Holding Corp./Louisiana		50,580		413,239
Wilshire Bancorp, Inc.		12,005		78,513
Wintrust Financial Corp.		16,162		523,810

				32,547,442

*Consumer Finance* (*0.3%*)
Advance America Cash Advance Centers, Inc.		45,487		183,313
Cardtronics, Inc.*		16,692		257,557
Cash America International, Inc.		15,562		544,670
CompuCredit Holdings Corp.		19,888		95,860
Credit Acceptance Corp.*		2,844		172,233
Dollar Financial Corp.*		12,034		251,150
EZCORP, Inc., Class A*		24,641		493,806
First Cash Financial Services, Inc.*		15,900		441,225
First Marblehead Corp.*		17,204		40,257
Nelnet, Inc., Class A		13,804		315,835
Student Loan Corp.		2,800		83,160
World Acceptance Corp.*		8,817		389,359

				3,268,425

*Diversified Financial Services* (*0.3%*)
Asset Acceptance Capital Corp.*		21,762		116,862
Asta Funding, Inc.		3,285		25,065
California First National Bancorp		1,660		21,032
Compass Diversified Holdings		15,907		257,057
Encore Capital Group, Inc.*		7,139		128,645
Life Partners Holdings, Inc.		2,297		43,712
MarketAxess Holdings, Inc.		14,063		238,790
Marlin Business Services Corp.*		9,828		117,936
Medallion Financial Corp.		18,275		142,362
NewStar Financial, Inc.*		18,394		136,299
PHH Corp.*		28,930		609,266
PICO Holdings, Inc.*		12,503		373,340
Portfolio Recovery Associates, Inc.*		8,928		577,195
Primus Guaranty Ltd.*		23,492		107,123

				2,894,684

*Insurance* (*1.4%*)
Alterra Capital Holdings Ltd.		53,176		1,059,266

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Ambac Financial Group, Inc.*		100,759	$	55,921
American Equity Investment Life Holding Co.		28,443		291,256
American Physicians Capital, Inc.		4,061		168,369
American Physicians Service Group, Inc.		4,461		144,313
American Safety Insurance Holdings Ltd.*		5,815		95,017
AMERISAFE, Inc.*		8,760		164,513
Amtrust Financial Services, Inc.		10,952		159,023
Argo Group International Holdings Ltd.		16,645		578,247
Baldwin & Lyons, Inc., Class B		5,840		148,628
Citizens, Inc./Texas*		16,214		111,715
CNA Surety Corp.*		8,178		146,550
CNO Financial Group, Inc.*		123,987		686,888
Crawford & Co., Class B*		24,191		58,784
Delphi Financial Group, Inc., Class A		24,615		615,129
Donegal Group, Inc., Class A		10,589		138,398
eHealth, Inc.*		10,979		141,849
EMC Insurance Group, Inc.		1,729		36,862
Employers Holdings, Inc.		20,151		317,781
Enstar Group, Ltd.*		3,366		244,372
FBL Financial Group, Inc., Class A		6,643		172,585
First American Financial Corp.		57,398		857,526
First Mercury Financial Corp.		4,250		42,840
Flagstone Reinsurance Holdings S.A.		27,208		288,677
FPIC Insurance Group, Inc.*		4,815		168,958
Gerova Financial Group Ltd.*		12,500		67,500
Global Indemnity plc*		7,642		122,654
Greenlight Capital Reinsurance Ltd., Class A*		15,408		385,508
Hallmark Financial Services*		10,141		88,632
Harleysville Group, Inc.		5,839		191,461
Hilltop Holdings, Inc.*		19,780		189,492
Horace Mann Educators Corp.		21,597		383,995
Infinity Property & Casualty Corp.		6,712		327,344
Kansas City Life Insurance Co.		5,005		156,106
Maiden Holdings Ltd.		23,873		181,674
Meadowbrook Insurance Group, Inc.		27,332		245,168
Montpelier Reinsurance Holdings Ltd.		37,487		649,275
National Financial Partners Corp.*		20,647		261,598
National Interstate Corp.		6,436		140,112
National Western Life Insurance Co., Class A		1,096		154,185
Navigators Group, Inc.*		6,805		303,707
NYMAGIC, Inc.		5,998		153,969
Phoenix Cos., Inc.*		57,298		120,326
Platinum Underwriters Holdings Ltd.		23,299		1,013,973
PMA Capital Corp., Class A*		15,466		116,614
Presidential Life Corp.		9,841		96,442
Primerica, Inc.		12,878		261,939
ProAssurance Corp.*		17,605		1,013,872
RLI Corp.		9,518		538,909
Safety Insurance Group, Inc.		6,508		273,466
SeaBright Holdings, Inc.		10,383		83,687
Selective Insurance Group, Inc.		28,925		471,188
State Auto Financial Corp.		6,964		105,922
Stewart Information Services Corp.		11,776		133,304
Tower Group, Inc.		20,769		484,956
United Fire & Casualty Co.		11,083		235,070
Universal Insurance Holdings, Inc.		20,618		92,575
				15,938,090

*Real Estate Investment Trusts (REITs)* (*3.6%*)
Acadia Realty Trust (REIT)		22,569		428,811
Agree Realty Corp. (REIT)		4,694	$	118,523
Alexander’s, Inc. (REIT)		1,139		359,673
American Campus Communities, Inc. (REIT)		35,888		1,092,431
American Capital Agency Corp. (REIT)		17,084		453,922
Anworth Mortgage Asset Corp. (REIT)		63,168		450,388
Apollo Commercial Real Estate Finance, Inc. (REIT)		10,082		162,018
Ashford Hospitality Trust, Inc. (REIT)*		21,766		196,982
Associated Estates Realty Corp. (REIT)		14,574		203,744
BioMed Realty Trust, Inc. (REIT)		61,736		1,106,309
CapLease, Inc. (REIT)		28,732		160,612
Capstead Mortgage Corp. (REIT)		37,400		406,538
CBL & Associates Properties, Inc. (REIT)		74,901		978,207
Cedar Shopping Centers, Inc. (REIT)		25,128		152,778
Chatham Lodging Trust (REIT)*		7,305		135,946
Chesapeake Lodging Trust (REIT)		2,166		35,436
Cogdell Spencer, Inc. (REIT)		20,644		130,470
Colonial Properties Trust (REIT)		38,698		626,521
Colony Financial, Inc. (REIT)		7,565		139,801
Cousins Properties, Inc. (REIT)		47,871		341,799
CreXus Investment Corp. (REIT)		8,878		106,802
Cypress Sharpridge Investments, Inc. (REIT)		18,667		249,204
DCT Industrial Trust, Inc. (REIT)		109,668		525,310
DiamondRock Hospitality Co. (REIT)*		85,236		808,890
DuPont Fabros Technology, Inc. (REIT)		22,617		568,818
Dynex Capital, Inc. (REIT)		15,023		161,948
EastGroup Properties, Inc. (REIT)		14,611		546,159
Education Realty Trust, Inc. (REIT)		27,155		194,158
Entertainment Properties Trust (REIT)		25,711		1,110,201
Equity Lifestyle Properties, Inc. (REIT)		14,627		796,879
Equity One, Inc. (REIT)		20,454		345,264
Excel Trust, Inc. (REIT)		10,601		119,473
Extra Space Storage, Inc. (REIT)		46,100		739,444
FelCor Lodging Trust, Inc. (REIT)*		46,177		212,414
First Industrial Realty Trust, Inc. (REIT)*		29,395		149,033
First Potomac Realty Trust (REIT)		18,760		281,400
Franklin Street Properties Corp. (REIT)		37,061		460,298
Getty Realty Corp. (REIT)		11,474		307,847
Gladstone Commercial Corp. (REIT)		5,503		94,431
Glimcher Realty Trust (REIT)		43,060		264,819
Government Properties Income Trust (REIT)		15,119		403,677
Hatteras Financial Corp. (REIT)		21,676		617,116
Healthcare Realty Trust, Inc. (REIT)		33,961		794,348
Hersha Hospitality Trust (REIT)		57,917		300,010
Highwoods Properties, Inc. (REIT)#		37,055		1,203,176
Home Properties, Inc. (REIT)		21,216		1,122,326
Inland Real Estate Corp. (REIT)		39,759		330,397
Invesco Mortgage Capital, Inc. (REIT)		12,858		276,704
Investors Real Estate Trust (REIT)		42,484		356,016
iStar Financial, Inc. (REIT)*		47,197		144,423
Kilroy Realty Corp. (REIT)		29,105		964,540

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Kite Realty Group Trust (REIT)		26,420	$	117,305
LaSalle Hotel Properties (REIT)		37,959		887,861
Lexington Realty Trust (REIT)		49,541		354,714
LTC Properties, Inc. (REIT)		13,422		342,529
Medical Properties Trust, Inc. (REIT)		58,480		592,987
MFA Financial, Inc. (REIT)		148,079		1,129,843
Mid-America Apartment Communities, Inc. (REIT)		18,074		1,053,353
Mission West Properties, Inc. (REIT)		18,370		124,549
Monmouth Real Estate Investment Corp. (REIT), Class A		22,634		176,998
MPG Office Trust, Inc. (REIT)*		42,657		106,642
National Health Investors, Inc. (REIT)		13,460		593,048
National Retail Properties, Inc. (REIT)		44,436		1,115,788
Newcastle Investment Corp. (REIT)*		47,050		145,855
NorthStar Realty Finance Corp. (REIT)		33,035		123,551
Omega Healthcare Investors, Inc. (REIT)		49,672		1,115,136
One Liberty Properties, Inc. (REIT)		7,413		117,941
Parkway Properties, Inc./Maryland (REIT)		10,862		160,758
Pebblebrook Hotel Trust (REIT)*		18,874		339,921
Pennsylvania Real Estate Investment Trust (REIT)		29,202		346,336
Pennymac Mortgage Investment Trust (REIT)		5,959		106,606
Post Properties, Inc. (REIT)		25,790		720,057
Potlatch Corp. (REIT)		21,710		738,140
PS Business Parks, Inc. (REIT)		9,733		550,596
RAIT Financial Trust (REIT)*		69,814		115,193
Ramco-Gershenson Properties Trust (REIT)		21,388		229,065
Redwood Trust, Inc. (REIT)		41,465		599,584
Resource Capital Corp. (REIT)		19,583		124,352
Retail Opportunity Investments Corp. (REIT)		22,134		211,822
Saul Centers, Inc. (REIT)		3,584		150,349
Sovran Self Storage, Inc. (REIT)		14,431		546,935
Strategic Hotels & Resorts, Inc. (REIT)*		70,582		299,268
Sun Communities, Inc. (REIT)		10,421		319,925
Sunstone Hotel Investors, Inc. (REIT)*		51,005		462,615
Tanger Factory Outlet Centers (REIT)		22,407		1,056,266
Terreno Realty Corp. (REIT)*		8,254		150,388
Two Harbors Investment Corp. (REIT)		16,395		147,883
UMH Properties, Inc. (REIT)		10,182		109,355
Universal Health Realty Income Trust (REIT)		5,923		203,810
Urstadt Biddle Properties, Inc. (REIT), Class A		8,905		161,002
U-Store-It Trust (REIT)		49,374		412,273
Walter Investment Management Corp. (REIT)		14,421		252,223
Washington Real Estate Investment Trust (REIT)		32,638		1,035,604
Winthrop Realty Trust (REIT)		9,001		111,252

				39,996,112

*Real Estate Management & Development* (*0.1%*)
Avatar Holdings, Inc.*		7,406		141,307
Consolidated-Tomoka Land Co.		3,149	$	89,778
Forestar Group, Inc.*		20,145		343,472
Hudson Pacific Properties, Inc. (REIT)		4,047		66,249
Kennedy-Wilson Holdings, Inc.*		13,342		141,425
Tejon Ranch Co.*		5,925		128,395
Thomas Properties Group, Inc.*		11,858		42,333

				952,959

*Thrifts & Mortgage Finance* (*0.8%*)
Abington Bancorp, Inc.		9,691		102,143
Astoria Financial Corp.		44,981		613,091
Bank Mutual Corp.		22,165		115,036
BankFinancial Corp.		5,950		54,562
Beneficial Mutual Bancorp, Inc.*		15,851		142,183
Berkshire Hills Bancorp, Inc.		6,714		127,297
BofI Holding, Inc.*		7,509		89,132
Brookline Bancorp, Inc.		28,885		288,272
Clifton Savings Bancorp, Inc.		10,057		86,490
Dime Community Bancshares, Inc.		12,451		172,446
Doral Financial Corp.*		28,827		47,853
ESB Financial Corp.		10,186		141,789
ESSA Bancorp, Inc.		8,890		105,258
Farmer Mac, Class C		3,126		33,823
First Financial Holdings, Inc.		4,011		44,683
Flagstar Bancorp, Inc.*		30,941		56,313
Flushing Financial Corp.		15,043		173,897
Fox Chase Bancorp, Inc.*		8,650		81,829
Heritage Financial Group		5,400		45,468
Home Federal Bancorp, Inc./Idaho		7,682		93,490
Kearny Financial Corp.		15,510		136,953
Meridian Interstate Bancorp, Inc.*		10,874		114,612
MGIC Investment Corp.*		108,846		1,004,649
NASB Financial, Inc.		1,187		19,645
NewAlliance Bancshares, Inc.		55,752		703,590
Northwest Bancshares, Inc.		57,653		645,137
OceanFirst Financial Corp.		12,507		153,461
Ocwen Financial Corp.*		38,683		392,246
Oritani Financial Corp.		29,683		296,236
PMI Group, Inc.*		69,270		254,221
Provident Financial Services, Inc.		32,494		401,626
Provident New York Bancorp		18,341		153,881
Radian Group, Inc.		73,488		574,676
Rockville Financial, Inc.		9,714		111,614
Roma Financial Corp.		10,115		106,511
Territorial Bancorp, Inc.		6,167		103,791
TrustCo Bank Corp. NY		37,173		206,682
United Financial Bancorp, Inc.		8,264		111,647
ViewPoint Financial Group		4,377		40,487
Waterstone Financial, Inc.*		9,453		37,717
Westfield Financial, Inc.		15,012		117,094
WSFS Financial Corp.		2,751		103,190

				8,404,721

Total Financials				115,993,522

Health Care (6.6%)
*Biotechnology* (*1.7%*)
Acorda Therapeutics, Inc.*		21,073		695,831
Affymax, Inc.*		9,814		58,393
Alkermes, Inc.*		52,531		769,579
Allos Therapeutics, Inc.*		40,178		189,640
Alnylam Pharmaceuticals, Inc.*		19,687		241,756
AMAG Pharmaceuticals, Inc.*		11,597		199,584
Arena Pharmaceuticals, Inc.*		53,285		83,657
ARIAD Pharmaceuticals, Inc.*		59,317		226,591
ArQule, Inc.*		11,342		58,411
Array BioPharma, Inc.*		45,473		146,878

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
AVEO Pharmaceuticals, Inc.*		10,400	$	115,856
AVI BioPharma, Inc.*		69,927		128,666
BioCryst Pharmaceuticals, Inc.*		7,159		35,365
BioSante Pharmaceuticals, Inc.*		21,479		36,085
Biospecifics Technologies Corp.*		2,247		60,489
Biotime, Inc.*		15,378		73,046
Celera Corp.*		44,881		302,498
Celldex Therapeutics, Inc.*		20,112		80,448
Cepheid, Inc.*		32,330		604,894
Chelsea Therapeutics International Ltd.*		8,269		42,337
Clinical Data, Inc.*		6,618		111,646
Codexis, Inc.*		7,100		68,160
Cubist Pharmaceuticals, Inc.*		31,312		732,388
Curis, Inc.*		36,134		49,504
Cytokinetics, Inc.*		33,100		87,384
Cytori Therapeutics, Inc.*		37,078		181,311
CytRx Corp.*		22,521		16,889
Dyax Corp.*		62,361		147,796
Dynavax Technologies Corp.*		62,474		114,327
Emergent Biosolutions, Inc.*		8,611		148,626
Enzon Pharmaceuticals, Inc.*		26,707		300,454
Exact Sciences Corp.*		11,293		81,761
Exelixis, Inc.*		53,360		209,171
Genomic Health, Inc.*		9,951		132,945
Geron Corp.*		53,751		297,243
Halozyme Therapeutics, Inc.*		38,511		296,920
Idenix Pharmaceuticals, Inc.*		25,803		79,989
Immunogen, Inc.*		34,490		216,252
Immunomedics, Inc.*		42,993		138,438
Incyte Corp.*		47,892		765,793
Infinity Pharmaceuticals, Inc.*		9,451		52,075
Inhibitex, Inc.*		11,205		20,169
Inovio Pharmaceuticals, Inc.*		17,600		22,000
InterMune, Inc.*		22,327		304,094
Ironwood Pharmaceuticals, Inc.*		9,714		98,889
Isis Pharmaceuticals, Inc.*		48,619		408,400
Keryx Biopharmaceuticals, Inc.*		34,211		164,555
Lexicon Pharmaceuticals, Inc.*		96,070		153,712
Ligand Pharmaceuticals, Inc., Class B*		67,447		106,566
MannKind Corp.*		35,995		243,326
Martek Biosciences Corp.*		17,648		399,374
Maxygen, Inc.*		27,375		158,501
Medivation, Inc.*		19,189		249,457
Metabolix, Inc.*		14,045		176,686
Micromet, Inc.*		39,553		265,796
Momenta Pharmaceuticals, Inc.*		22,060		332,003
Nabi Biopharmaceuticals*		33,071		158,741
Nanosphere, Inc.*		10,363		52,126
Neuralstem, Inc.*		8,876		22,368
Neurocrine Biosciences, Inc.*		33,565		203,404
NeurogesX, Inc.*		2,999		20,723
Novavax, Inc.*		61,944		135,657
NPS Pharmaceuticals, Inc.*		34,967		239,174
Nymox Pharmaceutical Corp.*		3,069		10,956
Omeros Corp.*		15,557		113,411
Onyx Pharmaceuticals, Inc.*		34,642		913,856
Opko Health, Inc.*		45,715		102,402
Orexigen Therapeutics, Inc.*		18,533		109,901
Osiris Therapeutics, Inc.*		14,346		104,439
PDL BioPharma, Inc.		66,399		349,259
Peregrine Pharmaceuticals, Inc.*		10,243		14,852
Pharmacyclics, Inc.*		22,174		178,722
Pharmasset, Inc.*		15,423		454,979
Progenics Pharmaceuticals, Inc.*		28,813		145,506
Rigel Pharmaceuticals, Inc.*		24,771	$	208,324
Sangamo BioSciences, Inc.*		35,763		122,667
Savient Pharmaceuticals, Inc.*		35,592		813,989
Sciclone Pharmaceuticals, Inc.*		43,274		114,243
Seattle Genetics, Inc.*		44,889		697,126
SIGA Technologies, Inc.*		17,859		151,087
Spectrum Pharmaceuticals, Inc.*		29,052		121,147
StemCells, Inc.*		55,668		46,204
Synta Pharmaceuticals Corp.*		28,363		113,168
Targacept, Inc.*		12,564		280,680
Theravance, Inc.*		32,398		651,200
Vanda Pharmaceuticals, Inc.*		19,941		133,206
Vical, Inc.*		48,512		108,182
Zalicus, Inc.*		12,514		16,268
ZIOPHARM Oncology, Inc.*		15,322		57,458
ZymoGenetics, Inc.*		30,331		295,727
				18,743,756
*Health Care Equipment & Supplies* (*1.7%*)
Abaxis, Inc.*		11,554		266,897
ABIOMED, Inc.*		16,729		177,495
Accuray, Inc.*		26,883		167,212
AGA Medical Holdings, Inc.*		8,123		113,397
Align Technology, Inc.*		32,632		638,935
Alimera Sciences, Inc.*		8,740		83,642
Alphatec Holdings, Inc.*		41,323		88,018
American Medical Systems Holdings, Inc.*		40,166		786,450
Analogic Corp.		7,078		317,661
AngioDynamics, Inc.*		11,747		179,024
Antares Pharma, Inc.*		13,279		19,255
ArthroCare Corp.*		14,195		385,820
Atrion Corp.		870		137,034
Cantel Medical Corp.		6,743		109,237
Cerus Corp.*		8,654		33,231
Conceptus, Inc.*		14,779		203,211
CONMED Corp.*		14,404		322,794
CryoLife, Inc.*		24,085		146,196
Cutera, Inc.*		4,529		36,685
Cyberonics, Inc.*		14,886		397,158
Cynosure, Inc., Class A*		11,673		119,181
Delcath Systems, Inc.*		21,442		154,811
DexCom, Inc.*		29,007		383,473
DynaVox, Inc., Class A*		15,430		125,292
Endologix, Inc.*		22,268		101,542
Exactech, Inc.*		5,521		90,103
Greatbatch, Inc.*		11,574		268,401
Haemonetics Corp.*		13,330		780,205
Hansen Medical, Inc.*		7,913		11,316
HeartWare International, Inc.*		4,907		337,405
ICU Medical, Inc.*		6,455		240,707
Immucor, Inc.*		36,893		731,588
Insulet Corp.*		20,346		287,692
Integra LifeSciences Holdings Corp.*		11,028		435,165
Invacare Corp.		15,341		406,690
IRIS International, Inc.*		10,886		104,506
Kensey Nash Corp.*		5,367		155,053
MAKO Surgical Corp.*		13,675		131,006
Masimo Corp.		27,024		738,025
Medical Action Industries, Inc.*		12,571		113,768
MELA Sciences, Inc.*		19,602		127,805
Meridian Bioscience, Inc.		21,717		475,168
Merit Medical Systems, Inc.*		15,030		238,827
Natus Medical, Inc.*		13,776		200,716
Neogen Corp.*		11,937		404,067
NuVasive, Inc.*		21,261		747,112
NxStage Medical, Inc.*		13,794		263,465

See Notes to Portfolio of Investments.

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
OraSure Technologies, Inc.*		27,375	$	110,869
Orthofix International N.V.*		9,492		298,239
Orthovita, Inc.*		33,053		75,030
Palomar Medical Technologies, Inc.*		12,961		133,887
Quidel Corp.*		9,722		106,845
Rochester Medical Corp.*		5,383		58,728
RTI Biologics, Inc.*		34,791		91,500
Sirona Dental Systems, Inc.*		17,527		631,673
Solta Medical, Inc.*		12,028		24,056
SonoSite, Inc.*		7,413		248,410
Spectranetics Corp.*		28,609		155,061
STAAR Surgical Co.*		22,453		121,471
Stereotaxis, Inc.*		34,593		143,215
STERIS Corp.		31,468		1,045,367
SurModics, Inc.*		11,668		139,083
Symmetry Medical, Inc.*		18,903		182,225
Syneron Medical Ltd.*		18,802		186,516
Synovis Life Technologies, Inc.*		9,461		141,442
TomoTherapy, Inc.*		13,797		48,565
Unilife Corp.*		26,345		158,860
Vascular Solutions, Inc.*		8,513		97,729
Volcano Corp.*		27,290		708,994
West Pharmaceutical Services, Inc.		17,345		595,107
Wright Medical Group, Inc.*		21,530		310,247
Young Innovations, Inc.		3,122		89,320
Zoll Medical Corp.*		10,754		347,032
				19,031,912
*Health Care Providers & Services* (*1.7%*)
Accretive Health, Inc.*		5,400		58,482
Air Methods Corp.*		5,620		233,680
Alliance HealthCare Services, Inc.*		21,433		98,163
Allied Healthcare International, Inc.*		23,954		59,885
Almost Family, Inc.*		5,861		173,661
Amedisys, Inc.*		14,670		349,146
America Service Group, Inc.		5,309		78,998
American Dental Partners, Inc.*		12,722		153,427
AMERIGROUP Corp.*		28,563		1,213,071
AMN Healthcare Services, Inc.*		23,609		121,350
Amsurg Corp.*		15,225		266,133
Assisted Living Concepts, Inc., Class A*		5,866		178,561
Bio-Reference Labs, Inc.*		11,858		247,358
BioScrip, Inc.*		10,022		51,714
Capital Senior Living Corp.*		12,064		64,301
CardioNet, Inc.*		18,986		85,627
Catalyst Health Solutions, Inc.*		20,906		736,100
Centene Corp.*		25,602		603,951
Chemed Corp.		12,214		695,832
Chindex International, Inc.*		10,516		158,897
Clarient, Inc.*		38,562		130,340
Continucare Corp.*		22,668		95,206
Corvel Corp.*		3,910		165,980
Cross Country Healthcare, Inc.*		7,913		56,894
Emeritus Corp.*		10,733		183,105
Ensign Group, Inc.		6,640		119,188
Five Star Quality Care, Inc.*		9,654		48,753
Genoptix, Inc.*		7,769		110,320
Gentiva Health Services, Inc.*		14,682		320,802
Hanger Orthopedic Group, Inc.*		13,928		202,513
Health Grades, Inc.*		14,221		116,470
HealthSouth Corp.*		52,037		999,110
Healthspring, Inc.*		30,914		798,818
Healthways, Inc.*		18,833		219,216
HMS Holdings Corp.*		15,019		885,220
IPC The Hospitalist Co., Inc.*		7,665		209,408
Kindred Healthcare, Inc.*		21,406		278,706
Landauer, Inc.		5,169	$	323,734
LCA-Vision, Inc.*		5,186		28,886
LHC Group, Inc.*		8,327		193,103
Magellan Health Services, Inc.*		17,993		849,989
MedCath Corp.*		12,423		125,100
Metropolitan Health Networks, Inc.*		26,554		100,905
Molina Healthcare, Inc.*		8,072		217,863
MWI Veterinary Supply, Inc.*		6,554		378,297
National Healthcare Corp.		5,016		185,943
National Research Corp.		2,546		66,400
Owens & Minor, Inc.#		33,607		956,455
PDI, Inc.*		3,359		29,358
PharMerica Corp.*		16,592		158,122
Providence Service Corp.*		8,058		132,071
PSS World Medical, Inc.*		30,550		653,159
Psychiatric Solutions, Inc.*		30,484		1,022,738
RehabCare Group, Inc.*		13,752		278,065
Res-Care, Inc.*		12,198		161,867
Rural/Metro Corp.*		14,194		120,791
Select Medical Holdings Corp.*		26,352		202,910
Skilled Healthcare Group, Inc., Class A*		16,253		63,874
Sun Healthcare Group, Inc.*		40,998		347,253
Sunrise Senior Living, Inc.*		13,135		45,053
Team Health Holdings, Inc.*		8,997		116,151
Triple-S Management Corp., Class B*		11,402		192,124
U.S. Physical Therapy, Inc.*		7,224		120,785
Universal American Corp.		17,359		256,045
WellCare Health Plans, Inc.*		22,255		644,505
				18,539,932
*Health Care Technology* (*0.3%)*
athenahealth, Inc.*		18,271		603,309
Computer Programs & Systems, Inc.		4,709		200,462
MedAssets, Inc.*		22,979		483,478
Medidata Solutions, Inc.*		11,002		211,238
MedQuist, Inc.*		9,062		79,383
Merge Healthcare, Inc.*		39,100		113,390
Omnicell, Inc.*		15,857		207,410
Quality Systems, Inc.		11,093		735,577
Transcend Services, Inc.*		4,353		66,383
Vital Images, Inc.*		8,290		109,677
				2,810,307
*Life Sciences Tools & Services* (*0.3%*)
Accelrys, Inc.*		40,264		280,237
Affymetrix, Inc.*		30,985		141,292
Albany Molecular Research, Inc.*		16,821		107,318
Bruker Corp.*		37,804		530,390
Caliper Life Sciences, Inc.*		30,738		122,645
Cambrex Corp.*		11,677		49,627
Dionex Corp.*		9,335		806,917
Enzo Biochem, Inc.*		24,017		91,265
eResearchTechnology, Inc.*		24,276		181,584
Kendle International, Inc.*		4,090		38,119
Luminex Corp.*		20,960		335,360
PAREXEL International Corp.*		31,085		718,996
Pure Bioscience*		7,415		17,129
Sequenom, Inc.*		36,655		256,951
				3,677,830
*Pharmaceuticals* (*0.9%*)
Acura Pharmaceuticals, Inc.*		20,675		51,481
Akorn, Inc.*		46,095		186,224
Alexza Pharmaceuticals, Inc.*		12,223		38,747
Ardea Biosciences, Inc.*		6,717		154,491
Auxilium Pharmaceuticals, Inc.*		23,280		576,878

See Notes to Portfolio of Investments.

100

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
AVANIR Pharmaceuticals, Inc., Class A*		34,082	$	108,722
Biodel, Inc.*		7,101		37,635
BioMimetic Therapeutics, Inc.*		3,478		39,649
BMP Sunstone Corp.*		18,180		138,168
Cadence Pharmaceuticals, Inc.*		13,192		110,153
Caraco Pharmaceutical Laboratories Ltd.*		11,502		61,881
Corcept Therapeutics, Inc.*		21,700		84,413
Cornerstone Therapeutics, Inc.*		6,370		44,972
Cumberland Pharmaceuticals, Inc.*		5,399		31,368
Cypress Bioscience, Inc.*		24,583		94,645
Depomed, Inc.*		44,950		201,376
Durect Corp.*		73,230		186,004
Eurand N.V.*		13,166		129,553
Hi-Tech Pharmacal Co., Inc.*		5,229		105,835
Impax Laboratories, Inc.*		33,485		663,003
Inspire Pharmaceuticals, Inc.*		29,391		174,877
Jazz Pharmaceuticals, Inc.*		14,299		153,428
Lannett Co., Inc.*		8,599		39,383
MAP Pharmaceuticals, Inc.*		3,468		53,060
Medicines Co.*		29,552		419,638
Medicis Pharmaceutical Corp., Class A		33,438		991,437
Nektar Therapeutics*		52,153		770,300
Neostem, Inc.*		5,196		10,548
Obagi Medical Products, Inc.*		7,908		83,034
Optimer Pharmaceuticals, Inc.*		15,092		138,394
Pain Therapeutics, Inc.*		16,270		100,549
Par Pharmaceutical Cos., Inc.*		19,466		566,071
Pozen, Inc.*		13,708		97,053
Questcor Pharmaceuticals, Inc.*		27,703		274,814
Salix Pharmaceuticals Ltd.*		30,921		1,228,182
Santarus, Inc.*		47,900		144,179
Somaxon Pharmaceuticals, Inc.*		6,503		25,297
Sucampo Pharmaceuticals, Inc., Class A*		30,128		112,980
SuperGen, Inc.*		26,817		56,048
ViroPharma, Inc.*		42,321		631,006
Vivus, Inc.*		43,902		293,704
XenoPort, Inc.*		22,985		163,423

				9,572,603

Total Health Care				72,376,340

Industrials (7.8%)
*Aerospace & Defense* (*0.9%*)
AAR Corp.*		21,187		395,349
Aerovironment, Inc.*		8,754		194,777
American Science & Engineering, Inc.		4,519		332,824
Applied Energetics, Inc.*		80,992		90,711
Applied Signal Technology, Inc.		7,884		196,154
Astronics Corp.*		6,440		112,378
Ceradyne, Inc.*		14,036		327,741
Cubic Corp.		8,379		341,863
Curtiss-Wright Corp.		23,864		723,079
DigitalGlobe, Inc.*		14,348		436,179
Ducommun, Inc.		5,698		124,102
Esterline Technologies Corp.*		16,101		921,460
GenCorp, Inc.*		16,794		82,627
GeoEye, Inc.*		11,888		481,226
Global Defense Technology & Systems, Inc.*		5,597		76,679
HEICO Corp.		16,251		741,696
Herley Industries, Inc.*		7,163		118,190
Hexcel Corp.*		51,659		919,014
Kratos Defense & Security Solutions, Inc.*		11,136	$	118,598
Ladish Co., Inc.*		8,269		257,414
LMI Aerospace, Inc.*		6,422		102,238
Moog, Inc., Class A*		25,051		889,561
Orbital Sciences Corp.*		31,737		485,576
Taser International, Inc.*		31,399		121,828
Teledyne Technologies, Inc.*		18,963		755,107
Triumph Group, Inc.		9,224		688,018

				10,034,389

*Air Freight & Logistics* (*0.2%*)
Air Transport Services Group, Inc.*		29,217		177,932
Atlas Air Worldwide Holdings, Inc.*		13,598		683,979
Dynamex, Inc.*		9,333		142,328
Forward Air Corp.		15,234		396,084
Hub Group, Inc., Class A*		20,398		596,846
Pacer International, Inc.*		17,550		106,002
Park-Ohio Holdings Corp.*		7,500		99,750

				2,202,921

*Airlines* (*0.4%*)
AirTran Holdings, Inc.*		74,744		549,369
Alaska Air Group, Inc.*		19,367		988,298
Allegiant Travel Co.		7,601		321,674
Hawaiian Holdings, Inc.*		23,713		142,041
JetBlue Airways Corp.*		134,578		900,327
Pinnacle Airlines Corp.*		5,621		30,522
Republic Airways Holdings, Inc.*		8,218		68,045
SkyWest, Inc.		29,516		412,043
U.S. Airways Group, Inc.*		87,533		809,680

				4,221,999

*Building Products* (*0.3%*)
A.O. Smith Corp.		12,860		744,465
AAON, Inc.		6,264		147,329
American Woodmark Corp.		6,913		122,567
Ameron International Corp.		4,910		333,684
Apogee Enterprises, Inc.		13,497		123,498
Builders FirstSource, Inc.*		11,336		25,846
Gibraltar Industries, Inc.*		16,124		144,794
Griffon Corp.*		23,442		285,758
Insteel Industries, Inc.		9,753		87,582
NCI Building Systems, Inc.*		10,659		101,580
PGT, Inc.*		23,500		53,580
Quanex Building Products Corp.		19,546		337,559
Simpson Manufacturing Co., Inc.		21,674		558,756
Trex Co., Inc.*		9,966		190,052
Universal Forest Products, Inc.		9,557		279,542

				3,536,592

*Commercial Services & Supplies* (*1.2%*)
ABM Industries, Inc.		27,623		596,381
ACCO Brands Corp.*		27,693		159,235
American Reprographics Co.*		17,761		139,424
APAC Customer Services, Inc.*		30,461		172,409
ATC Technology Corp.*		10,970		271,398
Bowne & Co., Inc.		23,614		267,547
Brink’s Co.		25,059		576,357
Casella Waste Systems, Inc., Class A*		28,406		119,305
Cenveo, Inc.*		26,215		131,861
Clean Harbors, Inc.*		12,514		847,823
CompX International, Inc.		5,100		67,473
Consolidated Graphics, Inc.*		4,204		174,256
Courier Corp.		7,623		108,399
Deluxe Corp.		27,377		523,722
EnergySolutions, Inc.		46,544		234,116
EnerNOC, Inc.*		10,337		324,685
Ennis, Inc.		12,578		225,020

See Notes to Portfolio of Investments.

101

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Fuel Tech, Inc.*		12,239	$	76,739
G&K Services, Inc., Class A		9,047		206,814
GEO Group, Inc.*		34,678		809,731
Healthcare Services Group, Inc.		22,956		523,167
Herman Miller, Inc.		30,176		593,864
HNI Corp.		24,164		694,957
Innerworkings, Inc.*		18,299		120,224
Interface, Inc., Class A		27,868		396,562
Kimball International, Inc., Class B		17,643		102,859
Knoll, Inc.		23,808		369,262
M&F Worldwide Corp.*		4,751		115,687
McGrath RentCorp		13,040		312,308
Metalico, Inc.*		20,985		80,373
Mine Safety Appliances Co.		14,269		386,690
Mobile Mini, Inc.*		19,449		298,348
Multi-Color Corp.		9,309		143,359
Rollins, Inc.		23,188		542,135
Schawk, Inc.		7,524		138,893
Standard Parking Corp.*		4,494		76,847
Standard Register Co.		5,250		15,330
Steelcase, Inc., Class A		36,725		305,919
Sykes Enterprises, Inc.*		20,161		273,786
Team, Inc.*		9,841		169,364
Tetra Tech, Inc.#*		32,198		675,192
U.S. Ecology, Inc.		7,695		123,120
UniFirst Corp.		7,486		330,507
United Stationers, Inc.*		12,656		677,223
Viad Corp.		9,910		191,659

				13,690,330

*Construction & Engineering* (*0.4%*)
Argan, Inc.*		10,773		100,728
Comfort Systems USA, Inc.		17,932		192,410
Dycom Industries, Inc.*		21,570		215,484
EMCOR Group, Inc.*		35,962		884,306
Furmanite Corp.*		27,140		132,443
Granite Construction, Inc.		17,841		405,704
Great Lakes Dredge & Dock Corp.		29,169		169,472
Insituform Technologies, Inc., Class A*		20,628		498,785
Layne Christensen Co.*		10,858		281,114
MasTec, Inc.*		28,250		291,540
Michael Baker Corp.*		3,701		121,985
MYR Group, Inc.*		10,760		176,356
Northwest Pipe Co.*		5,803		101,553
Orion Marine Group, Inc.*		12,720		157,855
Pike Electric Corp.*		11,696		85,147
Primoris Services Corp.		18,064		118,139
Sterling Construction Co., Inc.*		10,767		133,295
Tutor Perini Corp.*		14,711		295,544

				4,361,860

*Electrical Equipment* (*1.0%*)
A123 Systems, Inc.*		38,152		342,223
Acuity Brands, Inc.		23,622		1,045,037
Advanced Battery Technologies, Inc.*		35,812		128,565
American Superconductor Corp.*		24,772		770,409
AZZ, Inc.		6,762		289,684
Baldor Electric Co.		25,385		1,025,554
Belden, Inc.		25,471		671,925
Brady Corp., Class A		25,489		743,514
Broadwind Energy, Inc.*		57,530		107,581
Capstone Turbine Corp.*		140,522		108,497
Coleman Cable, Inc.*		15,900		95,241
Encore Wire Corp.		9,807		201,142
Ener1, Inc.*		34,692		127,666
EnerSys*		25,312	$	632,041
Franklin Electric Co., Inc.		12,251		406,243
FuelCell Energy, Inc.*		81,490		100,233
Generac Holdings, Inc.*		9,592		130,835
GrafTech International Ltd.*		65,243		1,019,748
Hoku Corp.*		21,500		58,695
II-VI, Inc.*		13,569		506,531
LaBarge, Inc.*		7,356		91,876
LSI Industries, Inc.		24,954		160,205
Polypore International, Inc.*		12,092		364,695
Powell Industries, Inc.*		3,726		115,953
PowerSecure International, Inc.*		11,265		104,314
Preformed Line Products Co.		3,618		126,160
SatCon Technology Corp.*		44,818		168,516
UQM Technologies, Inc.*		29,837		76,383
Vicor Corp.		11,947		174,546
Woodward Governor Co.		33,056		1,071,675

				10,965,687

*Industrial Conglomerates* (*0.2%*)
Otter Tail Corp.		19,131		390,081
Raven Industries, Inc.		9,035		342,336
Seaboard Corp.		229		405,559
Standex International Corp.		7,138		172,668
Tredegar Corp.		13,573		257,616
United Capital Corp.*		3,297		80,216

				1,648,476

*Machinery (1.5%)*
3D Systems Corp.*		9,215		144,768
Actuant Corp., Class A		36,160		830,234
Alamo Group, Inc.		5,216		116,473
Albany International Corp., Class A		13,568		256,707
Altra Holdings, Inc.*		13,788		203,097
American Railcar Industries, Inc.*		8,101		127,024
Ampco-Pittsburgh Corp.		2,108		52,321
ArvinMeritor, Inc.*		51,966		807,552
Astec Industries, Inc.*		10,464		298,538
Badger Meter, Inc.		7,989		323,395
Barnes Group, Inc.		24,636		433,347
Blount International, Inc.*		25,118		319,752
Briggs & Stratton Corp.		25,690		488,367
Cascade Corp.		4,999		158,968
Chart Industries, Inc.*		15,791		321,505
CIRCOR International, Inc.		9,545		301,622
CLARCOR, Inc.		27,336		1,055,990
Colfax Corp.*		10,059		149,577
Columbus McKinnon Corp.*		9,502		157,638
Commercial Vehicle Group, Inc.*		13,471		137,135
Douglas Dynamics, Inc.		9,672		119,449
Dynamic Materials Corp.		9,632		145,539
Energy Recovery, Inc.*		22,695		81,475
EnPro Industries, Inc.*		10,238		320,245
ESCO Technologies, Inc.		14,098		468,899
Federal Signal Corp.		34,278		184,758
Flow International Corp.*		14,322		37,667
Force Protection, Inc.*		34,842		175,604
FreightCar America, Inc.		6,609		162,581
Gorman-Rupp Co.		6,122		168,722
Graham Corp.		9,066		140,704
Greenbrier Cos., Inc.*		9,074		141,464
John Bean Technologies Corp.		13,262		213,651
Kadant, Inc.*		6,316		119,436
Kaydon Corp.		18,094		626,052
L.B. Foster Co., Class A*		3,022		87,457
Lindsay Corp.		5,953		257,884
Lydall, Inc.*		15,076		110,959

See Notes to Portfolio of Investments.

102

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Met-Pro Corp.		9,776	$	98,640
Middleby Corp.*		8,986		569,623
Miller Industries, Inc.		7,931		107,306
Mueller Industries, Inc.		19,770		523,707
Mueller Water Products, Inc., Class A		81,173		245,142
NACCO Industries, Inc., Class A		2,840		248,188
Nordson Corp.		18,789		1,384,561
Omega Flex, Inc.		3,100		44,268
PMFG, Inc.*		7,731		131,814
RBC Bearings, Inc.*		10,975		372,930
Robbins & Myers, Inc.		14,277		382,338
Sauer-Danfoss, Inc.*		8,043		171,235
Sun Hydraulics Corp.		6,201		174,806
Tecumseh Products Co., Class A*		8,382		96,142
Tennant Co.		9,884		305,416
Thermadyne Holdings Corp.*		9,515		134,447
Titan International, Inc.		18,973		257,464
Trimas Corp.*		10,197		151,425
Twin Disc, Inc.		8,094		112,911
Wabash National Corp.*		30,978		250,612
Watts Water Technologies, Inc., Class A		16,155		550,078
Xerium Technologies, Inc.*		8,643		113,915

				16,673,524

*Marine* (*0.1%*)
American Commercial Lines, Inc.*		5,703		159,000
Baltic Trading Ltd.		11,093		122,134
Eagle Bulk Shipping, Inc.*		28,548		149,020
Excel Maritime Carriers Ltd.*		25,411		142,810
Genco Shipping & Trading Ltd.*		15,043		239,785
Horizon Lines, Inc., Class A		32,369		135,950
International Shipholding Corp.		4,499		127,052
Ultrapetrol Bahamas Ltd.*		17,641		113,255

				1,189,006

*Professional Services (0.6%*)
Acacia Research Corp. - Acacia Technologies*		18,609		327,518
Administaff, Inc.		11,677		314,462
Advisory Board Co.*		8,498		375,187
Barrett Business Services, Inc.		5,686		86,370
CBIZ, Inc.*		23,249		137,867
CDI Corp.		6,899		89,135
Corporate Executive Board Co.		18,203		574,487
CoStar Group, Inc.*		11,358		553,248
CRA International, Inc.*		7,912		142,812
Dolan Co.*		14,348		163,137
Exponent, Inc.*		6,725		225,893
Franklin Covey Co.*		13,707		108,971
GP Strategies Corp.*		10,169		92,436
Heidrick & Struggles International, Inc.		8,129		158,353
Hill International, Inc.*		22,290		99,859
Hudson Highland Group, Inc.*		25,009		86,031
Huron Consulting Group, Inc.*		12,129		266,717
ICF International, Inc.*		9,095		228,012
Kelly Services, Inc., Class A*		12,515		146,801
Kforce, Inc.*		16,220		222,538
Korn/Ferry International*		25,460		421,108
LECG Corp.*		38,436		42,280
Mistras Group, Inc.*		7,390		85,576
Navigant Consulting, Inc.*		24,660		286,796
On Assignment, Inc.*		29,170		153,142
Resources Connection, Inc.		25,200		346,752
School Specialty, Inc.*		8,502		110,611
SFN Group, Inc.*		28,648		172,174
TrueBlue, Inc.*		22,728	$	310,237
Volt Information Sciences, Inc.*		8,211		59,119
VSE Corp.		3,655		128,912

				6,516,541

*Road & Rail (0.6%*)
Amerco, Inc.*		4,825		383,491
Arkansas Best Corp.		13,908		336,991
Avis Budget Group, Inc.*		56,704		660,602
Celadon Group, Inc.*		11,140		153,843
Dollar Thrifty Automotive Group, Inc.*		15,530		778,674
Genesee & Wyoming, Inc., Class A*		20,964		909,628
Heartland Express, Inc.		26,366		392,062
Knight Transportation, Inc.		31,929		617,188
Marten Transport Ltd.		8,064		186,924
Old Dominion Freight Line, Inc.*		22,449		570,654
P.A.M. Transportation Services, Inc.*		4,700		59,126
Patriot Transportation Holding, Inc.*		169		11,852
Quality Distribution, Inc.*		14,200		90,454
RailAmerica, Inc.*		11,361		109,406
Roadrunner Transportation Systems, Inc.*		8,517		92,324
Saia, Inc.*		8,543		127,547
Universal Truckload Services, Inc.*		9,038		141,535
USA Truck, Inc.*		5,655		84,712
Werner Enterprises, Inc.		22,811		467,397

				6,174,410

*Trading Companies & Distributors (0.4%)*
Aceto Corp.		17,745		120,489
Aircastle Ltd.		26,586		225,449
Applied Industrial Technologies, Inc.		23,320		713,592
Beacon Roofing Supply, Inc.*		23,399		340,923
BlueLinx Holdings, Inc.*		23,471		93,649
CAI International, Inc.*		6,884		104,430
DXP Enterprises, Inc.*		2,336		44,337
H&E Equipment Services, Inc.*		17,284		137,754
Houston Wire & Cable Co.		10,206		102,366
Interline Brands, Inc.*		17,550		316,602
Kaman Corp.		13,715		359,470
Lawson Products, Inc.		4,538		69,295
RSC Holdings, Inc.*		25,929		193,430
Rush Enterprises, Inc., Class A*		16,361		250,978
TAL International Group, Inc.		9,135		221,250
Textainer Group Holdings Ltd.		5,652		151,135
Titan Machinery, Inc.*		7,664		124,923
United Rentals, Inc.*		31,786		471,704
Watsco, Inc.		14,770		822,394

				4,864,170

Total Industrials				86,079,905

Information Technology (9.6%)
*Communications Equipment (1.6%*)
Acme Packet, Inc.*		24,079		913,557
ADC Telecommunications, Inc.*		53,495		677,782
ADTRAN, Inc.		34,316		1,211,355
Anaren, Inc.*		7,148		120,015
Arris Group, Inc.*		70,026		684,154
Aruba Networks, Inc.*		40,484		863,929
Aviat Networks, Inc.*		15,802		64,630
Bel Fuse, Inc., Class B		2,505		52,154
BigBand Networks, Inc.*		31,264		88,790
Black Box Corp.		9,730		311,944
Blue Coat Systems, Inc.*		22,193		533,964
Calix, Inc.*		9,065		130,173
Comtech Telecommunications Corp.*		14,955		409,019
DG FastChannel, Inc.*		13,081		284,512

See Notes to Portfolio of Investments.

103

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Digi International, Inc.*		19,224	$	182,436
EMS Technologies, Inc.*		9,505		177,078
Emulex Corp.*		42,166		440,213
Extreme Networks, Inc.*		35,060		109,037
Finisar Corp.*		39,509		742,374
Globecomm Systems, Inc.*		12,383		103,646
Harmonic, Inc.*		51,675		355,524
Hughes Communications, Inc.*		4,641		126,467
Infinera Corp.*		46,964		548,070
InterDigital, Inc.*		23,854		706,317
Ixia*		15,318		189,943
KVH Industries, Inc.*		7,755		116,402
Loral Space & Communications, Inc.*		5,520		288,144
Meru Networks, Inc.*		6,297		108,560
NETGEAR, Inc.*		18,328		495,039
Network Engines, Inc.*		35,104		51,252
Network Equipment Technologies, Inc.*		23,874		82,365
Occam Networks, Inc.*		16,895		132,288
Oclaro, Inc.*		25,907		414,771
Oplink Communications, Inc.*		10,105		200,483
Opnext, Inc.*		45,797		71,901
PC-Tel, Inc.*		12,128		74,466
Plantronics, Inc.		25,577		863,991
Powerwave Technologies, Inc.*		76,638		139,481
Riverbed Technology, Inc.*		34,820		1,587,096
SeaChange International, Inc.*		16,289		120,701
ShoreTel, Inc.*		30,131		149,450
Sonus Networks, Inc.*		105,086		370,954
Sycamore Networks, Inc.		10,830		351,000
Symmetricom, Inc.*		20,078		114,846
Tekelec*		37,770		489,499
UTStarcom, Inc.*		80,194		174,021
ViaSat, Inc.*		18,279		751,450

				17,175,243

*Computers & Peripherals* (*0.4%*)
Avid Technology, Inc.*		13,636		178,768
Compellent Technologies, Inc.*		12,751		231,813
Cray, Inc.*		20,434		134,864
Electronics for Imaging, Inc.*		22,963		278,311
Hutchinson Technology, Inc.*		23,042		79,956
Hypercom Corp.*		28,812		187,278
Imation Corp.*		17,666		164,824
Immersion Corp.*		20,284		119,878
Intermec, Inc.*		29,073		356,435
Intevac, Inc.*		9,987		99,970
Isilon Systems, Inc.*		13,465		300,000
Netezza Corp.*		26,799		722,233
Novatel Wireless, Inc.*		15,635		123,204
Presstek, Inc.*		5,488		12,019
Quantum Corp.*		105,044		222,693
Rimage Corp.*		7,134		117,283
Silicon Graphics International Corp.*		13,666		106,048
STEC, Inc.*		21,313		265,347
Stratasys, Inc.*		10,980		304,366
Super Micro Computer, Inc.*		12,107		125,792
Synaptics, Inc.*		17,598		495,208
Xyratex Ltd.*		15,890		235,808

				4,862,098

*Electronic Equipment, Instruments & Components* (*1.3%*)
Agilysys, Inc.*		18,681		121,427
Anixter International, Inc.*		15,256		823,671
Benchmark Electronics, Inc.*		33,729		553,156
Brightpoint, Inc.*		36,770		257,022
Checkpoint Systems, Inc.*		20,150	$	410,052
Cogent, Inc.*		27,406		291,600
Cognex Corp.		20,880		560,002
Coherent, Inc.*		13,503		540,255
Comverge, Inc.*		7,802		61,324
CPI International, Inc.*		6,161		86,254
CTS Corp.		18,207		175,151
Daktronics, Inc.		18,622		182,868
DDi Corp.		14,736		136,161
DTS, Inc.*		9,350		356,889
Echelon Corp.*		9,222		78,848
Electro Rent Corp.		9,642		128,046
Electro Scientific Industries, Inc.*		12,856		142,830
FARO Technologies, Inc.*		8,627		188,155
Gerber Scientific, Inc.*		21,565		133,056
ICx Technologies, Inc.*		12,583		95,002
Insight Enterprises, Inc.*		25,355		396,552
IPG Photonics Corp.*		14,328		345,878
Keithley Instruments, Inc.		12,153		261,411
L-1 Identity Solutions, Inc.*		40,985		480,754
Littelfuse, Inc.*		11,297		493,679
Maxwell Technologies, Inc.*		14,568		212,838
Measurement Specialties, Inc.*		7,040		130,099
Mercury Computer Systems, Inc.*		11,518		138,562
Methode Electronics, Inc.		17,239		156,530
Microvision, Inc.*		59,998		131,396
MTS Systems Corp.		8,321		257,951
Multi-Fineline Electronix, Inc.*		6,795		149,422
Newport Corp.*		18,659		211,593
OSI Systems, Inc.*		8,099		294,156
Park Electrochemical Corp.		10,887		286,764
PC Connection, Inc.*		15,640		106,821
Plexus Corp.*		21,516		631,495
Power-One, Inc.*		34,325		312,014
RadiSys Corp.*		13,731		129,346
Richardson Electronics Ltd.		13,203		138,632
Rofin-Sinar Technologies, Inc.*		16,344		414,811
Rogers Corp.*		8,736		275,009
Sanmina-SCI Corp.*		41,768		504,557
Scansource, Inc.*		14,846		411,828
SMART Modular Technologies (WWH), Inc.*		25,147		151,636
Spectrum Control, Inc.*		9,290		136,749
SYNNEX Corp.*		10,879		306,135
Technitrol, Inc.		29,574		130,421
Tessco Technologies, Inc.		1,727		26,026
TTM Technologies, Inc.*		43,553		426,384
Universal Display Corp.*		16,461		386,833
Viasystems Group, Inc.*		4,400		66,880
X-Rite, Inc.*		27,361		103,698
Zygo Corp.*		9,597		94,051

				14,022,680

*Internet Software & Services* (*1.1%*)
Ancestry.com, Inc.*		9,635		219,293
Archipelago Learning, Inc.*		2,576		30,835
Art Technology Group, Inc.*		76,652		316,573
comScore, Inc.*		12,576		295,787
Constant Contact, Inc.*		14,948		320,336
DealerTrack Holdings, Inc.*		20,598		351,814
Dice Holdings, Inc.*		11,800		100,064
Digital River, Inc.*		21,864		744,251
DivX, Inc.*		19,507		185,902
EarthLink, Inc.		54,994		499,895
GSI Commerce, Inc.*		34,317		847,630
InfoSpace, Inc.*		20,473		177,296
Internap Network Services Corp.*		22,075		108,388

See Notes to Portfolio of Investments.

104

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Internet Brands, Inc., Class A*		13,298	$	176,597
Internet Capital Group, Inc.*		18,979		209,338
j2 Global Communications, Inc.*		24,958		593,751
Keynote Systems, Inc.		9,864		114,620
KIT Digital, Inc.*		13,099		157,057
Knot, Inc.*		20,215		184,563
Limelight Networks, Inc.*		27,209		159,989
Liquidity Services, Inc.*		7,546		120,811
LivePerson, Inc.*		20,280		170,352
Local.com Corp.*		5,360		23,691
LogMeIn, Inc.*		7,912		284,674
LoopNet, Inc.*		10,588		125,362
Marchex, Inc., Class B		20,086		109,469
ModusLink Global Solutions, Inc.*		23,296		147,930
Move, Inc.*		77,757		173,398
NIC, Inc.		25,732		213,318
OpenTable, Inc.*		8,340		567,787
Openwave Systems, Inc.*		60,581		102,988
Perficient, Inc.*		10,760		98,346
QuinStreet, Inc.*		7,231		108,682
Rackspace Hosting, Inc.*		53,499		1,389,904
RealNetworks, Inc.*		42,688		139,163
Saba Software, Inc.*		16,438		89,423
SAVVIS, Inc.*		20,030		422,232
SPS Commerce, Inc.*		6,600		84,612
Stamps.com, Inc.*		9,418		122,434
support.com, Inc.*		25,776		118,054
TechTarget, Inc.*		3,693		19,388
Terremark Worldwide, Inc.*		30,773		318,193
Travelzoo, Inc.*		4,678		120,505
United Online, Inc.		43,847		250,805
ValueClick, Inc.*		44,215		578,332
Vocus, Inc.*		4,237		78,300
Zix Corp.*		42,268		120,041

				11,892,173

*IT Services* (*1.0%*)
Acxiom Corp.*		37,013		587,026
CACI International, Inc., Class A*		15,881		718,774
Cass Information Systems, Inc.		4,116		141,220
CIBER, Inc.*		14,541		43,768
Computer Task Group, Inc.*		3,824		29,215
CSG Systems International, Inc.*		18,184		331,494
Diamond Management & Technology Consultants, Inc.		13,073		163,413
Echo Global Logistics, Inc.*		8,237		105,186
Euronet Worldwide, Inc.*		26,227		471,824
ExlService Holdings, Inc.*		7,925		154,141
Forrester Research, Inc.*		7,949		262,953
Global Cash Access Holdings, Inc.*		34,362		140,197
Hackett Group, Inc.*		22,790		94,123
Heartland Payment Systems, Inc.		20,548		312,741
iGATE Corp.		11,770		213,508
Integral Systems, Inc.*		15,535		114,648
Lionbridge Technologies, Inc.*		33,297		143,177
ManTech International Corp., Class A*		11,351		449,500
MAXIMUS, Inc.		9,484		584,025
MoneyGram International, Inc.*		64,123		156,460
NCI, Inc., Class A*		5,022		95,016
Online Resources Corp.*		28,670		127,295
RightNow Technologies, Inc.*		12,455		245,364
Sapient Corp.		53,896		645,135
SRA International, Inc., Class A*		21,796		429,817
Stream Global Services, Inc.*		11,800		47,790
Syntel, Inc.		7,242		322,269
TeleTech Holdings, Inc.*		15,710		233,136
Tier Technologies, Inc.*		17,731	$	98,230
TNS, Inc.*		14,638		248,114
Unisys Corp.*		23,080		643,932
VeriFone Systems, Inc.*		47,168		1,465,510
Virtusa Corp.*		8,357		80,979
Wright Express Corp.*		20,606		735,840

				10,635,820

*Semiconductors & Semiconductor Equipment* (*1.9%*)
Actel Corp.*		12,011		191,575
Advanced Analogic Technologies, Inc.*		36,952		129,701
Advanced Energy Industries, Inc.*		19,188		250,595
Alpha & Omega Semiconductor Ltd.*		6,936		78,793
Amkor Technology, Inc.*		56,154		368,932
ANADIGICS, Inc.*		32,787		199,673
Applied Micro Circuits Corp.*		34,703		347,030
ATMI, Inc.*		15,152		225,159
Axcelis Technologies, Inc.*		60,385		116,543
AXT, Inc.*		27,130		179,601
Brooks Automation, Inc.*		31,159		209,077
Cabot Microelectronics Corp.*		12,099		389,346
Cavium Networks, Inc.*		23,288		669,763
CEVA, Inc.*		10,126		144,802
Cirrus Logic, Inc.*		34,426		614,160
Cohu, Inc.		12,593		158,546
Conexant Systems, Inc.*		59,652		97,829
Cymer, Inc.*		15,396		570,884
Diodes, Inc.*		17,347		296,460
DSP Group, Inc.*		22,899		160,293
Energy Conversion Devices, Inc.*		23,384		117,388
Entegris, Inc.*		68,536		320,063
Entropic Communications, Inc.*		27,731		266,218
Evergreen Solar, Inc.*		157,687		115,742
Exar Corp.*		9,571		57,330
FEI Co.*		20,318		397,623
FormFactor, Inc.*		24,215		208,249
FSI International, Inc.*		26,101		69,429
GSI Technology, Inc.*		15,751		90,253
GT Solar International, Inc.*		34,164		285,953
Hittite Microwave Corp.*		14,267		679,822
Ikanos Communications, Inc.*		5,705		6,789
Integrated Device Technology, Inc.*		85,261		498,777
Integrated Silicon Solution, Inc.*		15,803		136,064
IXYS Corp.*		13,369		127,674
Kopin Corp.*		45,591		161,848
Kulicke & Soffa Industries, Inc.*		34,258		212,057
Lattice Semiconductor Corp.*		59,569		282,953
LTX-Credence Corp.*		76,809		160,531
Mattson Technology, Inc.*		32,863		90,373
MaxLinear, Inc., Class A*		7,057		79,179
Micrel, Inc.		27,596		272,096
Microsemi Corp.*		45,833		786,036
Microtune, Inc.*		52,189		151,348
Mindspeed Technologies, Inc.*		17,649		137,133
MIPS Technologies, Inc.*		24,067		234,172
MKS Instruments, Inc.*		26,822		482,260
Monolithic Power Systems, Inc.*		17,452		284,991
MoSys, Inc.*		27,225		132,858
Nanometrics, Inc.*		12,484		187,884
Netlogic Microsystems, Inc.*		34,558		953,110
NVE Corp.*		2,997		128,961
OmniVision Technologies, Inc.*		27,269		628,278
PDF Solutions, Inc.*		23,094		85,448
Pericom Semiconductor Corp.*		15,221		132,270
Photronics, Inc.*		27,013		142,899

See Notes to Portfolio of Investments.

105

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
PLX Technology, Inc.*		22,637	$	81,946
Power Integrations, Inc.		12,519		397,979
RF Micro Devices, Inc.*		145,372		892,584
Rubicon Technology, Inc.*		8,285		187,987
Rudolph Technologies, Inc.*		14,687		122,049
Semtech Corp.*		34,228		691,063
Sigma Designs, Inc.*		14,305		164,364
Silicon Image, Inc.*		32,729		156,445
Spansion, Inc., Class A*		8,006		119,850
Standard Microsystems Corp.*		12,241		279,217
Supertex, Inc.*		7,520		166,342
Tessera Technologies, Inc.*		25,516		472,046
Trident Microsystems, Inc.*		69,095		118,152
TriQuint Semiconductor, Inc.*		81,485		782,256
Ultra Clean Holdings, Inc.*		15,379		132,567
Ultratech, Inc.*		13,071		223,514
Veeco Instruments, Inc.*		21,988		766,722
Volterra Semiconductor Corp.*		13,495		290,412
Zoran Corp.*		28,473		217,534

				20,765,850

*Software* (*2.3%*)
ACI Worldwide, Inc.*		18,239		408,371
Actuate Corp.*		28,512		146,837
Advent Software, Inc.*		8,230		429,524
American Software, Inc., Class A		26,474		156,197
ArcSight, Inc.*		12,942		563,754
Ariba, Inc.*		49,688		939,103
Aspen Technology, Inc.*		32,591		337,969
Blackbaud, Inc.		24,719		594,245
Blackboard, Inc.*		18,555		668,722
Bottomline Technologies, Inc.*		15,836		243,241
CDC Corp., Class A*		20,838		88,145
CommVault Systems, Inc.*		23,025		599,341
Concur Technologies, Inc.*		21,470		1,061,477
Convio, Inc.*		10,500		96,810
Deltek, Inc.*		13,938		111,643
DemandTec, Inc.*		5,617		52,856
Digimarc Corp.*		5,596		131,282
Ebix, Inc.*		15,029		352,430
Epicor Software Corp.*		24,401		212,289
EPIQ Systems, Inc.		17,484		214,354
ePlus, Inc.*		4,080		87,516
Fair Isaac Corp.		22,972		566,490
FalconStor Software, Inc.*		33,692		103,098
Fortinet, Inc.*		20,758		518,950
Guidance Software, Inc.*		14,300		83,512
Interactive Intelligence, Inc.*		3,290		57,904
Jack Henry & Associates, Inc.		47,007		1,198,678
JDA Software Group, Inc.*		21,886		555,029
Kenexa Corp.*		10,519		184,293
Lawson Software, Inc.*		76,460		647,616
Magma Design Automation, Inc.*		39,008		144,330
Manhattan Associates, Inc.*		12,108		355,370
Mentor Graphics Corp.*		58,992		623,545
MicroStrategy, Inc., Class A*		4,789		414,775
Monotype Imaging Holdings, Inc.*		11,325		103,624
NetScout Systems, Inc.*		16,013		328,427
NetSuite, Inc.*		10,243		241,428
Opnet Technologies, Inc.		7,767		140,971
Parametric Technology Corp.*		62,908		1,229,222
Pegasystems, Inc.		7,731		240,048
Progress Software Corp.*		23,239		769,211
PROS Holdings, Inc.*		5,144		47,736
QAD, Inc.*		28,076		116,796
QLIK Technologies, Inc.*		7,019		154,769
Quest Software, Inc.*		33,074		813,290
Radiant Systems, Inc.*		16,052	$	274,489
RealD, Inc.*		3,982		73,627
RealPage, Inc.*		3,892		74,259
Renaissance Learning, Inc.		8,768		89,346
Rosetta Stone, Inc.*		5,408		114,866
S1 Corp.*		24,673		128,546
Smith Micro Software, Inc.*		15,565		154,716
SolarWinds, Inc.*		18,277		315,461
Sonic Solutions, Inc.*		16,653		189,511
Sourcefire, Inc.*		14,435		416,305
SRS Labs, Inc.*		8,474		79,147
SS&C Technologies Holdings, Inc.*		7,965		125,847
SuccessFactors, Inc.*		33,028		829,333
Synchronoss Technologies, Inc.*		9,674		172,294
Take-Two Interactive Software, Inc.*		39,695		402,507
Taleo Corp., Class A*		22,016		638,244
TeleCommunication Systems, Inc., Class A*		34,218		133,792
TeleNav, Inc.*		8,800		46,552
THQ, Inc.*		29,039		116,737
TIBCO Software, Inc.*		91,675		1,626,314
TiVo, Inc.*		60,820		551,029
Tyler Technologies, Inc.*		17,340		349,574
Ultimate Software Group, Inc.*		12,822		495,442
Unica Corp.*		11,740		246,305
VASCO Data Security International, Inc.*		22,184		144,196
VirnetX Holding Corp.		22,009		323,092
Wave Systems Corp., Class A*		45,762		102,507
Websense, Inc.*		22,561		400,232

				25,749,488

Total Information Technology				105,103,352

Materials (2.7%)
*Chemicals* (*1.2%*)
A. Schulman, Inc.		17,629		355,224
American Vanguard Corp.		12,634		78,078
Arch Chemicals, Inc.		11,749		412,272
Balchem Corp.		14,713		454,043
Calgon Carbon Corp.*		32,698		474,121
Ferro Corp.*		46,737		602,440
Georgia Gulf Corp.*		17,762		290,231
H.B. Fuller Co.		25,181		500,347
Hawkins, Inc.		4,839		171,397
Innophos Holdings, Inc.		11,306		374,229
KMG Chemicals, Inc.		6,731		94,840
Koppers Holdings, Inc.		10,612		285,144
Kraton Performance Polymers, Inc.*		6,243		169,498
Landec Corp.*		14,211		88,250
LSB Industries, Inc.*		9,179		170,454
Minerals Technologies, Inc.		10,365		610,706
NewMarket Corp.		5,683		646,043
NL Industries, Inc.		11,536		104,747
Olin Corp.		43,469		876,335
OM Group, Inc.*		16,238		489,089
Omnova Solutions, Inc.*		23,190		166,736
PolyOne Corp.*		50,349		608,719
Quaker Chemical Corp.		7,128		232,088
Rockwood Holdings, Inc.*		28,744		904,574
Senomyx, Inc.*		11,391		45,336
Sensient Technologies Corp.		27,289		832,042
Solutia, Inc.*		65,816		1,054,372
Spartech Corp.*		15,835		130,005
Stepan Co.		4,182		247,198
STR Holdings, Inc.*		14,902		320,989
TPC Group, Inc.*		6,845		163,048

See Notes to Portfolio of Investments.

106

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
W.R. Grace & Co.*		39,421	$	1,101,423
Westlake Chemical Corp.		12,648		378,555
Zep, Inc.		10,491		182,963
Zoltek Cos., Inc.*		7,131		69,313

				13,684,849

*Construction Materials* (*0.0%*)
Headwaters, Inc.*		14,853		53,471
Texas Industries, Inc.		10,956		345,333
United States Lime & Minerals, Inc.*		698		26,985

				425,789

*Containers & Packaging* (*0.3%*)
AEP Industries, Inc.*		5,167		122,044
Boise, Inc.*		45,304		294,023
Graham Packaging Co., Inc.*		11,207		132,467
Graphic Packaging Holding Co.*		55,283		184,645
Myers Industries, Inc.		16,872		144,930
Rock-Tenn Co., Class A		22,233		1,107,426
Silgan Holdings, Inc.		29,738		942,695

				2,928,230

*Metals & Mining* (*0.9%*)
A.M. Castle & Co.*		10,114		134,011
Allied Nevada Gold Corp.*		41,158		1,090,687
AMCOL International Corp.		13,995		366,529
Brush Engineered Materials, Inc.*		9,954		283,092
Capital Gold Corp.*		32,198		155,516
Century Aluminum Co.*		33,430		440,273
Coeur d’Alene Mines Corp.*		46,997		936,180
General Moly, Inc.*		33,940		124,220
Globe Specialty Metals, Inc.*		32,141		451,260
Golden Star Resources Ltd.*		134,800		665,912
Haynes International, Inc.		6,196		216,364
Hecla Mining Co.*		136,593		863,268
Horsehead Holding Corp.*		27,937		275,738
Jaguar Mining, Inc.*		44,174		287,131
Kaiser Aluminum Corp.		9,183		392,941
Metals USA Holdings Corp.*		7,953		103,230
Molycorp, Inc.*		13,988		395,721
Noranda Aluminum Holding Corp.*		13,568		111,529
Olympic Steel, Inc.		5,619		129,181
RTI International Metals, Inc.*		15,536		475,712
Stillwater Mining Co.*		23,268		391,833
Thompson Creek Metals Co., Inc.*		73,293		790,099
U.S. Energy Corp. Wyoming*		23,341		105,968
U.S. Gold Corp.*		43,930		218,332
Universal Stainless & Alloy Products, Inc.*		5,704		140,090
Worthington Industries, Inc.		30,983		465,674

				10,010,491

*Paper & Forest Products* (*0.3%*)
Buckeye Technologies, Inc.		19,187		282,241
Clearwater Paper Corp.*		5,886		447,807
Deltic Timber Corp.		6,824		305,715
KapStone Paper and Packaging Corp.*		18,804		228,281
Louisiana-Pacific Corp.*		64,949		491,664
Neenah Paper, Inc.		7,554		114,821
P.H. Glatfelter Co.		21,827		265,416
Schweitzer-Mauduit International, Inc.		10,170		593,013
Verso Paper Corp.*		23,400		67,392
Wausau Paper Corp.*		26,929		223,241

				3,019,591

Total Materials				30,068,950

Telecommunication Services (0.5%)
*Diversified Telecommunication Services (0.3%)*
AboveNet, Inc.*		11,736	$	611,328
Alaska Communications Systems Group, Inc.		23,128		234,749
Atlantic Tele-Network, Inc.		5,044		248,367
Cbeyond, Inc.*		12,987		166,623
Cincinnati Bell, Inc.*		121,040		323,177
Cogent Communications Group, Inc.*		28,939		274,052
Consolidated Communications Holdings, Inc.		12,871		240,302
General Communication, Inc., Class A*		24,690		246,159
Global Crossing Ltd.*		14,654		188,450
Globalstar, Inc.*		57,608		100,238
IDT Corp., Class B*		11,281		200,689
Iridium Communications, Inc.*		17,907		152,926
Neutral Tandem, Inc.*		15,497		185,189
PAETEC Holding Corp.*		65,943		271,026
Premiere Global Services, Inc.*		39,429		279,157
Vonage Holdings Corp.*		61,704		157,345

				3,879,777

*Wireless Telecommunication Services* (*0.2%*)
FiberTower Corp.*		13,154		55,773
ICO Global Communications Holdings Ltd.*		78,381		128,545
NTELOS Holdings Corp.		17,775		300,753
Shenandoah Telecommunications Co.		11,886		215,969
Syniverse Holdings, Inc.*		36,977		838,268
USA Mobility, Inc.		14,462		231,826

				1,771,134

Total Telecommunication Services				5,650,911

Utilities (1.7%)
*Electric Utilities* (*0.7%*)
Allete, Inc.		16,892		615,376
Central Vermont Public Service Corp.		8,300		167,411
Cleco Corp.		32,906		974,676
El Paso Electric Co.*		22,908		544,752
Empire District Electric Co.		21,094		425,044
IDACORP, Inc.		26,536		953,173
MGE Energy, Inc.		12,259		485,334
PNM Resources, Inc.		51,384		585,264
Portland General Electric Co.		41,540		842,431
UIL Holdings Corp.		27,534		775,357
UniSource Energy Corp.		20,020		669,269
Unitil Corp.		7,950		174,502

				7,212,589

*Gas Utilities* (*0.6%*)
Chesapeake Utilities Corp.		4,708		170,524
Laclede Group, Inc.		12,023		413,832
New Jersey Resources Corp.		21,938		860,408
Nicor, Inc.		24,509		1,123,002
Northwest Natural Gas Co.		14,382		682,426
Piedmont Natural Gas Co., Inc.#		38,589		1,119,081
South Jersey Industries, Inc.		15,935		788,304
Southwest Gas Corp.		25,064		841,900
WGL Holdings, Inc.		27,392		1,034,870

				7,034,347

*Independent Power Producers & Energy Traders* (*0.0%*)
American DG Energy, Inc.*		10,105		30,113
Dynegy, Inc.*		53,809		262,050

				292,163

See Notes to Portfolio of Investments.

107

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Multi-Utilities* (*0.2%*)
Avista Corp.		29,783	$	621,869
Black Hills Corp.		21,349		666,089
CH Energy Group, Inc.		8,599		379,732
NorthWestern Corp.		19,691		561,193

				2,228,883

*Water Utilities* (*0.2%*)
American States Water Co.		10,014		358,301
Artesian Resources Corp., Class A		6,237		118,940
Cadiz, Inc.*		8,964		91,971
California Water Service Group		10,553		389,933
Connecticut Water Service, Inc.		2,172		52,019
Consolidated Water Co., Ltd.		9,246		87,652
Middlesex Water Co.		9,130		153,749
SJW Corp.		5,949		146,524
York Water Co.		10,276		164,724

				1,563,813

Total Utilities				18,331,795

Total Common Stocks (50.8%) (Cost $506,987,478)				559,235,746

INVESTMENT COMPANIES:
*Investment Companies(0.0%)*
Kayne Anderson Energy Development Co.		9,538		153,085
THL Credit, Inc.		9,157		107,869

Total Investment Companies (0.0%) (Cost $246,589)				260,954


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Short-Term Investment (45.2%)
BlackRock Liquidity Funds TempFund
0.23% ‡	$	497,813,246		497,813,246

Time Deposit (0.2%)
JPMorgan Chase Nassau
0.000%, 10/1/10		2,051,147		2,051,147

Total Short-Term Investments (45.4%) (Amortized Cost $499,864,393)				499,864,393

Total Investments (96.2%) (Cost/Amortized Cost $1,007,098,460)				1,059,361,093
Other Assets Less Liabilities (3.8%)				41,327,441

Net Assets (100%)			$	1,100,688,534

*	Non-income producing.

‡	Affiliated company as defined under the Investment Company Act of 1940.

#	All, or a portion of security held by broker as collateral for financial futures contracts, with a total collateral value of $381,072.

See Notes to Portfolio of Investments.

108

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	334,787,282	$	746,328,204	$	583,302,240	$	497,813,246	$	503,737	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


Purchase	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Russell 2000 Mini Index		8,017		December-10	$	503,506,522	$	540,746,650	$	37,240,128

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	77,365,351	$	—	$	—	$	77,365,351
Consumer Staples		17,110,024		—		—		17,110,024
Energy		31,155,596		—		—		31,155,596
Financials		115,993,522		—		—		115,993,522
Health Care		72,376,340		—		—		72,376,340
Industrials		85,967,527		112,378		—		86,079,905
Information Technology		105,103,352		—		—		105,103,352
Materials		30,068,950		—		—		30,068,950
Telecommunication Services		5,650,911		—		—		5,650,911
Utilities		18,331,795		—		—		18,331,795
Futures		37,240,128		—		—		37,240,128
Investment Companies
Investment Companies		260,954		—		—		260,954
Short-Term Investments		—		499,864,393		—		499,864,393

Total Assets	$	596,624,450	$	499,976,771	$	—	$	1,096,601,221

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	596,624,450	$	499,976,771	$	—	$	1,096,601,221

See Notes to Portfolio of Investments.

109

EQ ADVISORS TRUST

ATM SMALL CAP PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	215,807,993
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	97,204,432

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	75,987,478
Aggregate gross unrealized depreciation		(28,974,298	)

Net unrealized appreciation	$	47,013,180

Federal income tax cost of investments	$	1,012,347,913

See Notes to Portfolio of Investments.

110

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Australia (6.2%)
Australia & New Zealand Banking Group Ltd.		704,400	$	16,122,240
Bank of Queensland Ltd.		309,300		3,348,284
BHP Billiton Ltd.		483,900		18,198,734
Boral Ltd.		1,214,900		5,413,346
Challenger Financial Services Group Ltd.		1,182,500		4,834,659
Commonwealth Bank of Australia		291,000		14,392,384
CSL Ltd.		113,100		3,612,920
Dexus Property Group (REIT)		4,912,100		4,059,361
Goodman Fielder Ltd.		3,177,900		4,008,437
Incitec Pivot Ltd.		907,900		3,150,335
ING Office Fund (REIT)		8,400,000		4,871,412
Macquarie Atlas Roads Group*		969,560		1,461,920
National Australia Bank Ltd.		491,821		12,045,865
OneSteel Ltd.		1,292,700		3,660,915
QBE Insurance Group Ltd.		257,433		4,294,665
Rio Tinto Ltd.		113,200		8,399,671
Telstra Corp., Ltd.		1,665,300		4,217,141
Westfield Group (REIT)		277,300		3,285,978
Westpac Banking Corp.		150,600		3,382,871

				122,761,138

Austria (0.2%)
OMV AG		94,300		3,530,106

Belgium (1.5%)
Anheuser-Busch InBev N.V.		330,500		19,441,411
Delhaize Group S.A.		73,300		5,316,075
KBC Groep N.V.*		87,100		3,907,109

				28,664,595

Canada (2.2%)
Agnico-Eagle Mines Ltd.		86,300		6,129,889
Agrium, Inc.		56,000		4,201,769
National Bank of Canada		55,700		3,515,017
Nexen, Inc.		330,700		6,653,212
Penn West Energy Trust		307,300		6,158,544
Research In Motion Ltd.*		116,600		5,677,254
Suncor Energy, Inc.		252,640		8,225,717
Toronto-Dominion Bank		38,900		2,814,758

				43,376,160

Denmark (1.2%)
Carlsberg A/S, Class B		31,450		3,279,158
DSV A/S		274,975		5,613,377
Novo Nordisk A/S, Class B		90,077		8,938,826
Vestas Wind Systems A/S*		140,100		5,279,249

				23,110,610

Finland (0.8%)
Cargotec Oyj, Class B		178,200		7,700,917
Nokia Oyj		704,200		7,075,205

				14,776,122

France (7.8%)
Arkema S.A.		43,500		2,225,581
BNP Paribas S.A.		182,750		12,997,318
Bouygues S.A.		183,900		7,893,342
Cap Gemini S.A.		110,800		5,558,570
Carrefour S.A.		127,400		6,845,520
Casino Guichard Perrachon S.A.		36,204		3,314,689
Cie de Saint-Gobain S.A.		74,300		3,305,076
Credit Agricole S.A.		168,140		2,627,971
EDF S.A.		119,600		5,158,734
France Telecom S.A.		452,200		9,770,917
GDF Suez S.A.		247,000	$	8,842,339
Mercialys S.A. (REIT)		6,987		272,416
PPR S.A.		33,500		5,423,179
Publicis Groupe S.A.		116,600		5,537,990
Renault S.A.*		87,900		4,522,971
Rexel S.A.*		424,300		7,597,638
Sanofi-Aventis S.A.		221,455		14,755,291
Societe Generale S.A.		147,276		8,482,702
Technip S.A.		80,700		6,489,742
Total S.A.		351,005		18,089,979
Vinci S.A.		82,500		4,135,453
Vivendi S.A.		399,450		10,918,232

				154,765,650

Germany (7.2%)
Allianz SE (Registered)		133,900		15,132,498
BASF SE		167,700		10,574,680
Bayer AG		180,944		12,617,268
Bayerische Motoren Werke (BMW) AG		154,600		10,841,415
Deutsche Bank AG (Registered)		152,800		8,362,388
Deutsche Telekom AG (Registered)		647,070		8,852,056
E.ON AG		414,234		12,214,558
K+S AG		160,700		9,620,647
Linde AG		22,500		2,928,670
Muenchener Rueckversicherungs- Gesellschaft AG (Registered)		47,500		6,579,045
RWE AG		147,090		9,935,788
SAP AG		177,600		8,785,077
Siemens AG (Registered)		145,200		15,326,796
ThyssenKrupp AG		204,900		6,681,572
Volkswagen AG (Preference)		34,300		4,139,616

				142,592,074

Hong Kong (2.8%)
Esprit Holdings Ltd.		850,900		4,617,036
Hang Lung Group Ltd.		395,000		2,578,572
Hang Lung Properties Ltd.		2,860,000		13,970,370
Hong Kong Exchanges and Clearing Ltd.		307,200		6,049,886
Li & Fung Ltd.		3,006,000		16,911,256
New World Development Ltd.		1,937,000		3,904,532
Noble Group Ltd.		1,629,272		2,341,513
Shangri-La Asia Ltd.		2,386,000		5,430,800

				55,803,965

Ireland (0.6%)
CRH plc		390,254		6,405,446
Irish Life & Permanent Group Holdings plc*		376,100		717,806
Smurfit Kappa Group plc*		513,400		5,158,208

				12,281,460

Israel (0.6%)
Israel Chemicals Ltd.		762,400		10,754,478

Italy (2.8%)
Assicurazioni Generali S.p.A.		223,600		4,502,231
Enel S.p.A.		1,392,404		7,421,942
ENI S.p.A.		565,192		12,196,983
Fiat S.p.A.		293,563		4,530,261
Intesa Sanpaolo S.p.A.		1,411,300		4,583,822
Saipem S.p.A.		103,400		4,141,406
Telecom Italia S.p.A.		2,995,700		4,185,985
Telecom Italia S.p.A. (RNC)		1,935,900		2,181,229

See Notes to Portfolio of Investments.

111

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
UniCredit S.p.A.		4,084,149	$	10,428,333

				54,172,192

Japan (22.0%)
Aeon Co., Ltd.		323,500		3,472,161
Air Water, Inc.		401,000		4,765,117
Asahi Breweries Ltd.		245,600		4,913,177
Asahi Glass Co., Ltd.		534,000		5,443,627
Canon, Inc.		155,700		7,264,632
Central Japan Railway Co.		333		2,449,233
Chubu Electric Power Co., Inc.		124,400		3,074,236
Dai-ichi Life Insurance Co., Ltd.		1,996		2,410,120
Daiichi Sankyo Co., Ltd.		231,600		4,710,791
Daito Trust Construction Co., Ltd.		55,300		3,305,546
Denki Kagaku Kogyo KK		916,000		3,939,195
DIC Corp.		3,306,000		5,821,538
Dowa Holdings Co., Ltd.		598,000		3,560,206
East Japan Railway Co.		167,200		10,094,490
Fast Retailing Co., Ltd.		48,600		6,846,382
Fujifilm Holdings Corp.		104,300		3,454,594
Fujitsu Ltd.		896,000		6,289,602
Furukawa Electric Co., Ltd.		526,000		1,978,486
Hirose Electric Co., Ltd.		52,200		5,258,769
Hitachi Ltd.		877,000		3,834,511
Honda Motor Co., Ltd.		236,400		8,390,671
INPEX Corp.		1,113		5,239,686
ITOCHU Corp.		352,700		3,227,873
Japan Tobacco, Inc.		6,024		20,053,541
JFE Holdings, Inc.		130,600		3,994,032
JS Group Corp.		205,600		4,031,711
Jupiter Telecommunications Co., Ltd.		5,636		6,076,186
JX Holdings, Inc.		915,000		5,304,983
Kansai Electric Power Co., Inc.		156,400		3,797,590
Kao Corp.		160,700		3,915,474
KDDI Corp.		1,136		5,436,416
Keyence Corp.		13,300		2,893,244
Konica Minolta Holdings, Inc.		291,000		2,837,494
Kyocera Corp.		30,100		2,844,861
Kyushu Electric Power Co., Inc.		70,200		1,602,794
Mazda Motor Corp.		1,244,000		2,995,256
Medipal Holdings Corp.		232,300		2,952,447
Mitsubishi Corp.		376,600		8,936,806
Mitsubishi Electric Corp.		372,000		3,199,521
Mitsubishi Gas Chemical Co., Inc.		688,000		3,997,125
Mitsubishi Heavy Industries Ltd.		531,000		1,959,128
Mitsubishi Materials Corp.*		1,096,000		3,150,934
Mitsubishi UFJ Financial Group, Inc.		3,823,900		17,818,605
Mitsui & Co., Ltd.		509,500		7,580,247
Mitsui Fudosan Co., Ltd.		340,000		5,734,547
Mizuho Financial Group, Inc.		2,919,500		4,266,639
MS&AD Insurance Group Holdings, Inc.		112,500		2,583,403
NGK Spark Plug Co., Ltd.		267,000		3,572,580
Nintendo Co., Ltd.		33,800		8,445,951
Nippon Electric Glass Co., Ltd.		259,000		3,530,690
Nippon Express Co., Ltd.		658,000		2,498,634
Nippon Shokubai Co., Ltd.		380,000		3,304,744
Nippon Steel Corp.		1,072,000		3,646,957
Nippon Telegraph & Telephone Corp.		207,200		9,047,005
Nissan Motor Co., Ltd.		1,011,700		8,834,802
NSK Ltd.		1,003,000		6,800,407
NTT DoCoMo, Inc.		3,392		5,647,916
NTT Urban Development Corp.		3,424		2,879,310
ORIX Corp.		84,310		6,443,433
Panasonic Corp.		254,000	$	3,441,232
Sharp Corp.		809,000		8,053,174
Sony Corp.		364,700		11,275,643
Sumco Corp.*		322,800		5,034,566
Sumitomo Corp.		221,600		2,856,272
Sumitomo Electric Industries Ltd.		332,500		4,054,684
Sumitomo Mitsui Financial Group, Inc.		290,100		8,451,404
Sumitomo Realty & Development Co., Ltd.		94,000		1,942,381
Sumitomo Rubber Industries Ltd.		474,800		4,635,386
Suzuki Motor Corp.		255,400		5,372,334
Takeda Pharmaceutical Co., Ltd.		173,800		7,984,224
Tohoku Electric Power Co., Inc.		78,700		1,740,300
Tokio Marine Holdings, Inc.		137,500		3,709,272
Tokyo Electric Power Co., Inc.		311,700		7,602,075
Tokyo Gas Co., Ltd.		1,115,000		5,062,111
Toshiba Corp.		1,842,000		8,914,327
Tosoh Corp.		1,397,000		3,765,273
Toyota Motor Corp.		539,700		19,382,135
Yahoo! Japan Corp.		21,220		7,330,915
Yamada Denki Co., Ltd.		110,180		6,836,756
Zeon Corp.		543,000		4,501,150

				434,305,670

Luxembourg (0.7%)
ArcelorMittal S.A.		303,946		10,010,802
Regus plc		2,897,509		3,641,357

				13,652,159

Netherlands (3.6%)
ING Groep N.V. (CVA)*		731,300		7,586,749
Koninklijke (Royal) KPN N.V.		358,500		5,544,587
Koninklijke Ahold N.V.		392,522		5,291,124
Koninklijke DSM N.V.		166,800		8,545,320
Koninklijke Philips Electronics N.V.		299,820		9,423,261
QIAGEN N.V.*		197,800		3,539,167
Royal Dutch Shell plc, Class A		640,208		19,348,313
Royal Dutch Shell plc, Class B		431,868		12,598,286

				71,876,807

New Zealand (0.1%)
Telecom Corp. of New Zealand Ltd.		1,681,200		2,518,694

Norway (0.7%)
DnB NOR ASA		435,500		5,927,714
Telenor ASA		165,700		2,594,896
Yara International ASA		121,300		5,486,308

				14,008,918

Singapore (1.1%)
CapitaLand Ltd.		2,807,000		8,665,820
Olam International Ltd.		3,385,000		8,391,073
United Overseas Bank Ltd.		370,000		5,154,285

				22,211,178

Spain (3.8%)
Amadeus IT Holding S.A., Class A*		147,600		2,715,406
Banco Bilbao Vizcaya Argentaria S.A.		743,603		10,040,865
Banco Santander S.A.		1,632,862		20,739,634
Iberdrola S.A.		787,569		6,058,626
Inditex S.A.		137,100		10,890,755
Repsol YPF S.A.		154,700		3,984,856
Telefonica S.A.		848,719		21,017,199

				75,447,341

Sweden (2.9%)
Atlas Copco AB, Class A		218,946		4,226,023
Electrolux AB, Class B		175,700		4,327,105
Hennes & Mauritz AB, Class B		413,650		14,980,226

See Notes to Portfolio of Investments.

112

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Nordea Bank AB		638,600	$	6,650,948
Svenska Handelsbanken AB, Class A		97,100		3,182,237
Telefonaktiebolaget LM Ericsson, Class B		1,058,334		11,619,087
TeliaSonera AB		1,105,000		8,951,019
Volvo AB, Class B*		184,600		2,711,343

				56,647,988

Switzerland (8.5%)
Alcon, Inc.		59,300		9,890,647
Cie Financiere Richemont S.A., Class A		116,300		5,599,301
Clariant AG*		529,900		7,749,110
Credit Suisse Group AG (Registered)		316,614		13,532,578
Informa plc		650,500		4,280,615
Julius Baer Group Ltd.		193,524		7,044,577
Kuehne + Nagel International AG (Registered)		844		101,350
Logitech International S.A. (Registered)*		338,300		5,893,956
Nestle S.A. (Registered)		471,299		25,108,129
Novartis AG (Registered)		570,850		32,735,356
Roche Holding AG		101,158		13,815,096
SGS S.A. (Registered)		2,300		3,716,888
Swiss Reinsurance Co., Ltd. (Registered)		73,692		3,231,454
Syngenta AG (Registered)		22,211		5,519,693
UBS AG (Registered)*		564,682		9,585,199
Xstrata plc		804,630		15,395,438
Zurich Financial Services AG		22,440		5,259,179

				168,458,566

United Kingdom (21.6%)
Admiral Group plc		441,200		11,546,731
Afren plc*		2,819,600		4,898,816
Aggreko plc		200,000		4,932,626
AMEC plc		583,000		9,030,130
Anglo American plc		56,500		2,241,529
AstraZeneca plc		317,061		16,105,130
Autonomy Corp. plc*		195,017		5,554,165
Aviva plc		941,100		5,897,234
BAE Systems plc		1,334,877		7,177,888
Barclays plc		2,757,700		12,978,884
BG Group plc		33		580
BP plc		4,321,436		29,041,390
British American Tobacco plc		578,500		21,578,640
Capita Group plc		1,496,400		18,476,461
Carnival plc		99,530		3,911,919
Carphone Warehouse Group plc*		1,548,500		6,634,749
Cookson Group plc*		453,000		3,892,549
Drax Group plc		449,400		2,705,954
Enterprise Inns plc*		1,962,400		3,304,691
Eurasian Natural Resources Corp.		225,000		3,246,461
Firstgroup plc		379,200		2,161,146
G4S plc		1,935,057		7,739,283
GlaxoSmithKline plc		739,438		14,572,061
HSBC Holdings plc		1,872,400		18,971,728
IG Group Holdings plc		784,400		6,126,568
Imperial Tobacco Group plc		576,200		17,170,744
Intertek Group plc		98,370		2,827,889
Lloyds Banking Group plc*		11,049,100		12,865,031
Man Group plc		1,197,016		4,119,940
Marks & Spencer Group plc		941,800		5,741,837
Mondi plc		710,000		5,738,419
National Grid plc		677,500		5,747,138
Petrofac Ltd.		456,700	$	9,850,314
Premier Foods plc*		16,968,200		4,336,825
Prudential plc		1,132,500		11,323,617
Reckitt Benckiser Group plc		353,500		19,441,513
Rentokil Initial plc*		1,700,500		2,751,455
Rio Tinto plc		315,450		18,439,058
Scottish & Southern Energy plc		189,200		3,322,856
Serco Group plc		1,200,500		11,598,073
Standard Chartered plc		689,041		19,764,889
Telecity Group plc*		309,300		2,407,532
Tesco plc		2,804,335		18,678,599
Vodafone Group plc		10,655,578		26,296,729

				425,149,771

Total Common Stocks (98.9%) (Cost $1,889,009,540)				1,950,865,642


	Number of Rights		Value (Note 1)
RIGHTS:
Germany (0.0%)
Deutsche Bank AG, expiring 10/5/10* (Cost $—)		152,800		739,481


	Number of Warrants		Value (Note 1)
WARRANT:
Italy (0.0%)
Unione di Banche Italiane S.c.p.A.,expiring 6/30/11* (Cost $—)		121,900		1,512


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (0.1%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $1,236,157)	$	1,236,157	$	1,236,157

Total Investments (99.0%) (Cost/Amortized Cost $1,890,245,697)				1,952,842,792
Other Assets Less Liabilities (1.0%)				20,570,383

Net Assets (100%)			$	1,973,413,175

*	Non-income producing.

Glossary:

CVA — Dutch Certification

REIT — Real Estate Investment Trust

RNC — Risparmio Non-Convertible Savings Shares

See Notes to Portfolio of Investments.

113

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Market Sector Diversification

As a Percentage of Total Net Assets


Consumer Discretionary	11.8	%
Consumer Staples	9.8
Energy	8.3
Financials	22.7
Health Care	7.1
Industrials	10.8
Information Technology	6.2
Materials	11.8
Telecommunication Services	6.0
Utilities	4.4
Cash and Other	1.1

	100.0	%

At September 30, 2010, the Portfolio had outstanding foreign currency contracts to buy/sell foreign currencies as follows: (Note 1)


	Counterparty		Local Contract Buy Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Buy Contracts
Australian Dollar vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		36,033	$	34,513,488	$	33,011,849	$	1,501,639
European Union Euro vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		33,114		45,118,818		44,917,485		201,333
New Zealand Dollar vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		67,748		49,414,037		48,487,244		926,793
Norwegian Krone vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		456,587		77,331,965		73,522,109		3,809,856
Swedish Krona vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		254,811		37,728,152		34,016,463		3,711,689
Swedish Krona vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		279,163		41,333,790		38,309,467		3,024,323
Swedish Krona vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		152,393		22,563,807		20,990,294		1,573,513

									$	14,749,146


	Counterparty		Local Contract Sell Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Sell Contracts
British Pound vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		11,849	$	18,326,967	$	18,603,878	$	(276,911	)
British Pound vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		25,287		39,002,340		39,702,613		(700,273	)
British Pound vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		5,883		9,287,493		9,236,781		50,712
Canadian Dollar vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		21,616		20,296,085		20,972,973		(676,888	)
Canadian Dollar vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		16,261		15,618,307		15,777,272		(158,965	)
European Union Euro vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		7,784		10,021,589		10,605,934		(584,345	)
European Union Euro vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		33,435		42,195,204		45,556,191		(3,360,987	)
European Union Euro vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		41,414		52,737,002		56,427,818		(3,690,816	)
Japanese Yen vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		2,683,259		32,023,810		32,167,840		(144,030	)
Japanese Yen vs. U.S. Dollar, expiring 12/15/10		JPMorgan Chase Bank		1,285,399		15,335,413		15,409,809		(74,396	)

See Notes to Portfolio of Investments.

114

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Counterparty	Local Contract Sell Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Sell Contracts
New Zealand Dollar vs. U.S. Dollar, expiring 12/15/10	JPMorgan Chase Bank		44,533	$	32,623,539	$	32,481,479	$	142,060
Swiss Franc vs. U.S. Dollar, expiring 12/15/10	JPMorgan Chase Bank		22,199		21,931,653		22,606,137		(674,484	)

								$	(10,149,323	)

								$	4,599,823

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)			Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	—	$	228,256,491		$	—	$	228,256,491
Consumer Staples		—		194,556,290			—		194,556,290
Energy		21,037,473		143,745,570			—		164,783,043
Financials		6,329,775		445,475,239			—		451,805,014
Health Care		9,890,647		136,338,577			—		146,229,224
Industrials		—		211,143,992			—		211,143,992
Information Technology		5,677,254		117,543,154			—		123,220,408
Materials		10,331,658		219,990,692			—		230,322,350
Telecommunication Services		—		116,261,789			—		116,261,789
Utilities		—		84,287,041			—		84,287,041
Forward Currency Contracts		—		14,941,918			—		14,941,918
Rights
Financials		—		739,481			—		739,481
Short-Term Investments		—		1,236,157			—		1,236,157
Warrants
Financials		—		1,512			—		1,512

Total Assets	$	53,266,807	$	1,914,517,903		$	—	$	1,967,784,710

Liabilities:
Forward Currency Contracts	$	—	$	(10,342,095	)	$	—	$	(10,342,095	)

Total Liabilities	$	—	$	(10,342,095	)	$	—	$	(10,342,095	)

Total	$	53,266,807	$	1,904,175,808		$	—	$	1,957,442,615

See Notes to Portfolio of Investments.

115

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN INTERNATIONAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities-Industrials
Balance as of 12/31/09	$	72,248
Total gains or losses (realized/unrealized) included in earnings		(700	)
Purchases, sales, issuances, and settlements (net)		(71,548	)
Transfers into Level 3		—
Transfers out of Level 3		—

Balance as of 9/30/10	$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	—

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	1,173,885,484
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	1,249,093,329

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	205,211,410
Aggregate gross unrealized depreciation		(153,136,732	)

Net unrealized appreciation	$	52,074,678

Federal income tax cost of investments	$	1,900,768,114

See Notes to Portfolio of Investments.

116

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (17.4%)
*Auto Components* (*0.5%*)
American Axle & Manufacturing Holdings, Inc.*		47,100	$	424,842
Amerigon, Inc.*		25,200		259,560
Cooper Tire & Rubber Co.		36,500		716,495
Dana Holding Corp.*		88,300		1,087,856
Dorman Products, Inc.*		8,400		258,888
Drew Industries, Inc.*		18,900		394,254
Exide Technologies, Inc.*		45,900		219,861
Fuel Systems Solutions, Inc.*		7,400		289,414
Hawk Corp., Class A*		6,500		281,255
Modine Manufacturing Co.*		32,900		426,713
Standard Motor Products, Inc.		21,900		230,607
Stoneridge, Inc.*		20,900		219,659
Superior Industries International, Inc.		10,800		186,624
Tenneco, Inc.*		38,100		1,103,757

				6,099,785

*Automobiles* (*0.0%*)
Winnebago Industries, Inc.*		19,800		206,316

*Distributors* (*0.7%*)
Audiovox Corp., Class A*		24,200		165,528
Core-Mark Holding Co., Inc.*		6,900		213,624
LKQ Corp.*		453,900		9,441,120

				9,820,272

*Diversified Consumer Services* (*1.1%*)
American Public Education, Inc.*		12,150		399,249
Bridgepoint Education, Inc.*		9,300		143,778
Cambium Learning Group, Inc.*		42,700		136,640
Capella Education Co.*		11,050		857,701
Coinstar, Inc.*		20,950		900,641
Corinthian Colleges, Inc.*		52,700		369,954
CPI Corp.		8,100		209,628
Grand Canyon Education, Inc.*		19,841		435,113
K12, Inc.*		15,800		458,674
Learning Tree International, Inc.		11,000		111,320
Lincoln Educational Services Corp.*		24,000		345,840
Mac-Gray Corp.		11,700		141,921
Matthews International Corp., Class A		18,200		643,552
National American University Holdings, Inc.		22,200		149,184
Pre-Paid Legal Services, Inc.*		3,800		237,462
Princeton Review, Inc.*		21,300		43,452
Regis Corp.		36,810		704,175
Sotheby’s, Inc.		44,900		1,653,218
Steiner Leisure Ltd.*		7,600		289,560
Stewart Enterprises, Inc., Class A		54,300		292,677
Strayer Education, Inc.		40,500		7,067,250
Universal Technical Institute, Inc.		13,200		258,060

				15,849,049

*Hotels, Restaurants & Leisure* (*3.9%*)
AFC Enterprises, Inc.*		19,000		235,600
Ambassadors Group, Inc.		16,227		184,014
Ameristar Casinos, Inc.		16,200		282,690
Biglari Holdings, Inc.*		870		285,925
BJ’s Restaurants, Inc.*		15,200		428,032
Bob Evans Farms, Inc.		18,700		524,909
Boyd Gaming Corp.*		34,500		250,125
Buffalo Wild Wings, Inc.*		10,300		493,267
California Pizza Kitchen, Inc.*		14,400		245,664
Caribou Coffee Co., Inc.*		18,900	$	196,560
CEC Entertainment, Inc.*		15,400		528,682
Cheesecake Factory, Inc.*		40,500		1,072,035
Chipotle Mexican Grill, Inc.*		50,200		8,634,400
Churchill Downs, Inc.		7,300		260,756
Cracker Barrel Old Country Store, Inc.		15,500		786,780
Denny’s Corp.*		84,812		263,765
DineEquity, Inc.*		11,300		508,274
Domino’s Pizza, Inc.*		28,500		376,770
Einstein Noah Restaurant Group, Inc.*		17,100		181,260
Gaylord Entertainment Co.*		409,390		12,486,395
Interval Leisure Group, Inc.*		26,500		356,955
Isle of Capri Casinos, Inc.*		12,100		86,636
Jack in the Box, Inc.*		38,700		829,728
Krispy Kreme Doughnuts, Inc.*		54,300		248,694
Landry’s Restaurants, Inc.*		8,000		195,920
Life Time Fitness, Inc.*		27,000		1,065,690
Marcus Corp.		17,900		212,115
Monarch Casino & Resort, Inc.*		17,700		198,417
Morgans Hotel Group Co.*		28,000		204,960
Orient-Express Hotels Ltd., Class A*		931,350		10,384,553
P.F. Chang’s China Bistro, Inc.		14,500		669,900
Panera Bread Co., Class A*		92,870		8,229,211
Papa John’s International, Inc.*		12,033		317,431
Peet’s Coffee & Tea, Inc.*		6,600		225,918
Pinnacle Entertainment, Inc.*		39,600		441,540
Red Robin Gourmet Burgers, Inc.*		9,600		188,256
Ruby Tuesday, Inc.*		43,700		518,719
Scientific Games Corp., Class A*		41,600		403,520
Shuffle Master, Inc.*		32,300		271,643
Sonic Corp.*		37,500		303,000
Speedway Motorsports, Inc.		10,300		161,504
Texas Roadhouse, Inc.*		32,100		451,326
Vail Resorts, Inc.*		23,200		870,464

				55,062,003

*Household Durables* (*1.0%*)
American Greetings Corp., Class A		26,400		490,776
Beazer Homes USA, Inc.*		39,800		164,374
Blyth, Inc.		3,800		156,712
Brookfield Homes Corp.*		26,100		213,759
Cavco Industries, Inc.*		3,900		140,049
Ethan Allen Interiors, Inc.		14,900		260,154
Furniture Brands International, Inc.*		26,200		140,956
Helen of Troy Ltd.*		19,600		495,684
Hovnanian Enterprises, Inc., Class A*		33,100		130,083
iRobot Corp.*		14,519		269,618
Kid Brands, Inc.*		25,400		218,440
La-Z-Boy, Inc.*		36,000		303,840
Libbey, Inc.*		14,100		185,697
Lifetime Brands, Inc.*		12,300		185,730
M/I Homes, Inc.*		16,000		165,920
Meritage Homes Corp.*		20,100		394,362
National Presto Industries, Inc.		3,578		380,949
Ryland Group, Inc.		24,800		444,416
Sealy Corp.*		62,900		153,476
Standard Pacific Corp.*		77,100		306,087
Tempur-Pedic International, Inc.*		288,570		8,945,670
Universal Electronics, Inc.*		8,600		179,310

				14,326,062

*Internet & Catalog Retail* (*0.7%*)
1-800-FLOWERS.COM, Inc., Class A*		33,000		62,370

See Notes to Portfolio of Investments.

117

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Blue Nile, Inc.*		8,700	$	387,063
Drugstore.Com, Inc.*		56,800		109,056
Gaiam, Inc., Class A		1,800		12,042
HSN, Inc.*		26,600		795,340
Netflix, Inc.*		42,390		6,873,962
NutriSystem, Inc.		19,800		380,952
Orbitz Worldwide, Inc.*		38,700		243,810
Overstock.com, Inc.*		11,900		187,068
PetMed Express, Inc.		11,200		196,000
Shutterfly, Inc.*		17,400		452,226
U.S. Auto Parts Network, Inc.*		26,600		218,120
Vitacost.com, Inc.*		20,200		121,402

				10,039,411

*Leisure Equipment & Products* (*0.4%*)
Arctic Cat, Inc.*		20,500		210,125
Brunswick Corp.		57,300		872,106
Callaway Golf Co.		43,800		306,600
Eastman Kodak Co.*		179,600		754,320
JAKKS Pacific, Inc.*		18,700		329,868
Leapfrog Enterprises, Inc.*		38,800		212,624
Marine Products Corp.*		29,900		183,586
Polaris Industries, Inc.		20,900		1,360,590
Pool Corp.		32,700		656,289
RC2 Corp.*		11,900		249,305
Smith & Wesson Holding Corp.*		74,800		266,288
Steinway Musical Instruments, Inc.*		10,700		184,254
Sturm Ruger & Co., Inc.		12,800		174,592

				5,760,547

*Media* (*2.1%*)
Arbitron, Inc.		17,800		497,866
Ascent Media Corp., Class A*		9,400		251,074
Belo Corp., Class A*		57,600		357,120
Cinemark Holdings, Inc.		36,365		585,476
CKX, Inc.*		33,275		163,048
Crown Media Holdings, Inc., Class A*		60,100		143,639
Dex One Corp.*		32,000		392,960
Entercom Communications Corp., Class A*		19,100		150,126
Entravision Communications Corp., Class A*		70,200		139,698
EW Scripps Co., Class A*		23,100		182,028
Fisher Communications, Inc.*		130		2,266
Global Sources Ltd.*		25,400		191,770
Harte-Hanks, Inc.		23,800		277,746
Journal Communications, Inc., Class A*		40,100		180,851
Knology, Inc.*		22,900		307,547
Lamar Advertising Co., Class A*		289,740		9,219,527
LIN TV Corp., Class A*		29,200		129,648
Lions Gate Entertainment Corp.*		43,400		318,990
Live Nation Entertainment, Inc.*		89,225		881,543
Martha Stewart Living Omnimedia, Inc., Class A*		35,100		166,374
McClatchy Co., Class A*		41,900		164,667
Media General, Inc., Class A*		17,300		155,008
Mediacom Communications Corp., Class A*		31,000		204,910
National CineMedia, Inc.		628,630		11,252,477
Playboy Enterprises, Inc., Class B*		34,400		176,816
ReachLocal, Inc.*		12,800		176,384
Rentrak Corp.*		9,100		229,957
Scholastic Corp.		19,500		542,490
Sinclair Broadcast Group, Inc., Class A*		32,800		230,256
SuperMedia, Inc.*		8,200	$	86,674
Valassis Communications, Inc.*		30,900		1,047,201
Value Line, Inc.		6,000		83,220
Warner Music Group Corp.*		39,200		176,400
Westwood One, Inc.*		16,800		142,632
World Wrestling Entertainment, Inc., Class A		14,200		197,522

				29,405,911

*Multiline Retail* (*1.0%*)
99 Cents Only Stores*		31,000		585,280
Bon-Ton Stores, Inc.*		21,000		213,570
Dillard’s, Inc., Class A		31,100		735,204
Dollar Tree, Inc.*		216,085		10,536,305
Fred’s, Inc., Class A		25,800		304,440
Retail Ventures, Inc.*		23,000		247,480
Saks, Inc.*		91,800		789,480
Tuesday Morning Corp.*		41,700		198,909

				13,610,668

*Specialty Retail* (*5.0%*)
America’s Car-Mart, Inc.*		7,300		183,814
AnnTaylor Stores Corp.*		39,200		793,408
Asbury Automotive Group, Inc.*		26,300		370,041
Barnes & Noble, Inc.		24,600		398,766
bebe stores, Inc.		29,600		213,416
Big 5 Sporting Goods Corp.		17,350		232,837
Brown Shoe Co., Inc.		27,000		309,690
Buckle, Inc.		17,100		453,834
Build-A-Bear Workshop, Inc.*		2,900		17,545
Cabela’s, Inc.*		25,500		483,990
CarMax, Inc.*		393,130		10,952,602
Casual Male Retail Group, Inc.*		53,700		219,096
Cato Corp., Class A		17,800		476,328
Charming Shoppes, Inc.*		74,241		261,328
Children’s Place Retail Stores, Inc.*		18,345		894,686
Christopher & Banks Corp.		26,600		210,406
Citi Trends, Inc.*		8,400		203,364
Coldwater Creek, Inc.*		36,927		194,605
Collective Brands, Inc.*		46,800		755,352
Destination Maternity Corp.*		7,500		246,900
Dick’s Sporting Goods, Inc.*		345,180		9,678,847
Dress Barn, Inc.*		39,895		947,506
DSW, Inc., Class A*		8,600		246,820
Express, Inc.*		11,400		173,394
Finish Line, Inc., Class A		32,500		452,075
Genesco, Inc.*		12,900		385,452
Group 1 Automotive, Inc.*		13,700		409,356
Gymboree Corp.*		18,578		771,730
Haverty Furniture Cos., Inc.		12,400		135,284
hhgregg, Inc.*		8,900		220,364
Hibbett Sports, Inc.*		19,248		480,238
HOT Topic, Inc.		28,800		172,512
J. Crew Group, Inc.*		170,740		5,740,279
Jo-Ann Stores, Inc.*		16,500		735,075
Jos. A. Bank Clothiers, Inc.*		17,100		728,631
Kirkland’s, Inc.*		11,100		153,846
Lithia Motors, Inc., Class A		17,900		171,661
Lumber Liquidators Holdings, Inc.*		12,300		302,211
MarineMax, Inc.*		26,200		184,448
Men’s Wearhouse, Inc.		34,900		830,271
Monro Muffler Brake, Inc.		13,300		613,263
OfficeMax, Inc.*		51,100		668,899
Pacific Sunwear of California, Inc.*		49,500		258,885
Penske Automotive Group, Inc.*		28,300		373,560
PEP Boys-Manny, Moe & Jack		31,700		335,386

See Notes to Portfolio of Investments.

118

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Pier 1 Imports, Inc.*		90,700	$	742,833
Rent-A-Center, Inc.		44,000		984,720
Rue21, Inc.*		9,400		242,614
Sally Beauty Holdings, Inc.*		59,000		660,800
Select Comfort Corp.*		34,900		236,622
Shoe Carnival, Inc.*		9,300		188,046
Sonic Automotive, Inc., Class A*		16,900		166,127
Stage Stores, Inc.		18,900		245,700
Stein Mart, Inc.*		18,500		163,355
Systemax, Inc.		10,200		125,256
Talbots, Inc.*		44,895		588,125
Tractor Supply Co.		265,120		10,514,659
Ulta Salon Cosmetics & Fragrance, Inc.*		380,320		11,105,344
Vitamin Shoppe, Inc.*		9,100		249,795
West Marine, Inc.*		16,900		171,704
Wet Seal, Inc., Class A*		43,400		147,126
Winmark Corp.		5,600		187,264
Zumiez, Inc.*		16,356		346,093

				70,108,184

*Textiles, Apparel & Luxury Goods* (*1.0%*)
American Apparel, Inc.*		32,700		40,221
Carter’s, Inc.*		36,800		968,944
Cherokee, Inc.		10,800		196,992
Columbia Sportswear Co.		8,000		467,520
Crocs, Inc.*		53,300		693,433
Deckers Outdoor Corp.*		26,400		1,318,944
G-III Apparel Group Ltd.*		9,900		310,662
Iconix Brand Group, Inc.*		46,000		805,000
Jones Apparel Group, Inc.		57,200		1,123,408
Kenneth Cole Productions, Inc., Class A*		14,600		243,382
K-Swiss, Inc., Class A*		17,700		225,675
Liz Claiborne, Inc.*		63,700		387,296
Maidenform Brands, Inc.*		12,300		354,855
Movado Group, Inc.*		11,400		124,032
Oxford Industries, Inc.		8,000		190,240
Perry Ellis International, Inc.*		10,500		229,425
Quiksilver, Inc.*		97,100		379,661
Skechers U.S.A., Inc., Class A*		21,500		505,035
Steven Madden Ltd.*		17,250		708,285
Timberland Co., Class A*		26,419		523,360
True Religion Apparel, Inc.*		13,700		292,358
Under Armour, Inc., Class A*		22,800		1,026,912
Unifi, Inc.*		31,300		141,163
Volcom, Inc.*		13,100		250,472
Warnaco Group, Inc.*		29,700		1,518,561
Weyco Group, Inc.		7,300		176,806
Wolverine World Wide, Inc.		34,600		1,003,746

				14,206,388

Total Consumer Discretionary				244,494,596

Consumer Staples (2.1%)
*Beverages* (*0.0%*)
Boston Beer Co., Inc., Class A*		4,700		314,289
Coca-Cola Bottling Co. Consolidated		2,800		148,204
Heckmann Corp.*		53,600		209,040
National Beverage Corp.		12,800		179,200

				850,733

*Food & Staples Retailing* (*0.5%*)
Andersons, Inc.		11,800		447,220
Arden Group, Inc., Class A		3,222		265,815
Casey’s General Stores, Inc.		25,550		1,066,712
Great Atlantic & Pacific Tea Co., Inc.*		84,400		334,224
Ingles Markets, Inc., Class A		8,500	$	141,185
Nash Finch Co.		8,600		365,844
Pantry, Inc.*		15,000		361,650
Pricesmart, Inc.		7,200		209,736
Rite Aid Corp.*		356,300		335,991
Ruddick Corp.		27,000		936,360
Spartan Stores, Inc.		10,300		149,350
Susser Holdings Corp.*		15,900		222,600
United Natural Foods, Inc.*		28,700		951,118
Village Super Market, Inc., Class A		7,400		206,756
Weis Markets, Inc.		7,400		289,562
Winn-Dixie Stores, Inc.*		33,700		240,281

				6,524,404

*Food Products* (*1.2%*)
Alico, Inc.		8,700		202,188
B&G Foods, Inc.		30,200		329,784
Calavo Growers, Inc.		7,600		164,768
Cal-Maine Foods, Inc.		9,100		263,718
Chiquita Brands International, Inc.*		28,100		372,044
Darling International, Inc.*		53,300		454,116
Diamond Foods, Inc.		13,900		569,761
Dole Food Co., Inc.*		23,177		212,070
Farmer Bros Co.		6,932		110,912
Fresh Del Monte Produce, Inc.*		24,600		533,820
Green Mountain Coffee Roasters, Inc.*		273,050		8,516,430
Hain Celestial Group, Inc.*		27,243		653,287
Imperial Sugar Co.		11,200		146,496
J&J Snack Foods Corp.		9,000		377,370
John B. Sanfilippo & Son, Inc.*		12,500		165,000
Lancaster Colony Corp.		13,000		617,500
Lance, Inc.		16,400		349,320
Lifeway Foods, Inc.*		11,200		117,824
Limoneira Co.		7,900		159,106
Pilgrim’s Pride Corp.*		31,100		174,782
Sanderson Farms, Inc.		13,600		588,744
Seneca Foods Corp., Class A*		6,000		157,140
Smart Balance, Inc.*		40,700		157,916
Synutra International, Inc.*		11,500		132,825
Tootsie Roll Industries, Inc.		15,589		387,854
TreeHouse Foods, Inc.*		22,300		1,028,030

				16,942,805

*Household Products* (*0.1%*)
Cellu Tissue Holdings, Inc.*		22,500		268,425
Central Garden & Pet Co., Class A*		34,800		360,528
Spectrum Brands Holdings, Inc.*		11,600		315,288
WD-40 Co.		10,700		406,814

				1,351,055

*Personal Products* (*0.2%*)
Elizabeth Arden, Inc.*		13,200		263,868
Inter Parfums, Inc.		14,300		251,537
Medifast, Inc.*		8,200		222,466
Nu Skin Enterprises, Inc., Class A		31,300		901,440
Prestige Brands Holdings, Inc.*		22,000		217,580
Revlon, Inc., Class A*		12,300		155,226
Schiff Nutrition International, Inc.		14,300		117,260
USANA Health Sciences, Inc.*		5,200		209,872

				2,339,249

*Tobacco* (*0.1%*)
Alliance One International, Inc.*		41,900		173,885
Star Scientific, Inc.*		164,600		345,660
Universal Corp.		17,400		697,566

See Notes to Portfolio of Investments.

119

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Vector Group Ltd		29,384	$	549,485

				1,766,596

Total Consumer Staples				29,774,842

Energy (5.2%)
*Energy Equipment & Services* (*2.4%*)
Allis-Chalmers Energy, Inc.*		34,011		141,826
Basic Energy Services, Inc.*		19,500		166,140
Bristow Group, Inc.*		23,001		829,876
Cal Dive International, Inc.*		60,200		329,294
CARBO Ceramics, Inc.		11,900		963,900
Complete Production Services, Inc.* .		390,640		7,988,588
Dawson Geophysical Co.*		6,300		167,895
Dril-Quip, Inc.*		137,560		8,543,852
Global Geophysical Services, Inc.*		21,500		156,735
Global Industries Ltd.*		66,800		365,396
Gulf Island Fabrication, Inc.		8,000		145,600
Gulfmark Offshore, Inc., Class A*		14,200		436,224
Helix Energy Solutions Group, Inc.*		66,800		744,152
Hercules Offshore, Inc.*		58,900		156,085
Hornbeck Offshore Services, Inc.*		15,200		296,248
ION Geophysical Corp.*		81,200		417,368
Key Energy Services, Inc.*		82,700		786,477
Lufkin Industries, Inc.		18,400		807,760
Matrix Service Co.*		15,100		132,125
Natural Gas Services Group, Inc.*		9,600		141,792
Newpark Resources, Inc.*		56,300		472,920
Oceaneering International, Inc.*		132,140		7,117,060
OYO Geospace Corp.*		4,000		231,520
Parker Drilling Co.*		77,700		337,995
PHI, Inc.*		10,200		165,036
Pioneer Drilling Co.*		26,000		165,880
RPC, Inc.		19,800		418,968
T-3 Energy Services, Inc.*		9,100		237,965
Tesco Corp.*		19,300		232,179
TETRA Technologies, Inc.*		50,400		514,080
Union Drilling, Inc.*		15,800		70,784
Vantage Drilling Co.*		102,100		163,360
Willbros Group, Inc.*		25,200		231,084

				34,076,164

*Oil, Gas & Consumable Fuels* (*2.8%*)
Abraxas Petroleum Corp.*		65,200		185,168
Alon USA Energy, Inc.		34,700		187,380
American Oil & Gas, Inc.*		32,100		260,010
Apco Oil and Gas International, Inc.		11,191		387,321
Approach Resources, Inc.*		11,600		129,688
ATP Oil & Gas Corp.*		25,300		345,345
Berry Petroleum Co., Class A		32,500		1,031,225
Bill Barrett Corp.*		29,400		1,058,400
BPZ Resources, Inc.*		59,700		228,651
Brigham Exploration Co.*		73,900		1,385,625
Cabot Oil & Gas Corp.		210,640		6,342,370
CAMAC Energy, Inc.*		46,000		146,740
Carrizo Oil & Gas, Inc.*		17,900		428,526
Cheniere Energy, Inc.*		33,500		84,420
Clayton Williams Energy, Inc.*		5,300		268,127
Clean Energy Fuels Corp.*		21,500		305,515
Cloud Peak Energy, Inc.*		19,606		357,810
Contango Oil & Gas Co.*		7,207		361,503
Crosstex Energy, Inc.*		42,000		331,800
CVR Energy, Inc.*		14,500		119,625
Delek U.S. Holdings, Inc.		43,500		311,460
Delta Petroleum Corp.*		326,600		256,904
DHT Holdings, Inc.		70,400		290,752
Endeavour International Corp.*		133,700		172,473
Energy Partners Ltd.*		18,500		222,185
Energy XXI Bermuda Ltd.*		32,400		748,764
FX Energy, Inc.*		51,600		213,624
Gastar Exploration Ltd.*		49,500		198,990
General Maritime Corp.		52,684		258,678
GeoResources, Inc.*		12,700		201,930
GMX Resources, Inc.*		20,400		99,144
Golar LNG Ltd.		22,100		276,692
Goodrich Petroleum Corp.*		14,800		215,636
Green Plains Renewable Energy, Inc.*		14,500		175,595
Gulfport Energy Corp.*		21,300		294,792
Hallador Energy Co.		16,800		195,384
Harvest Natural Resources, Inc.*		23,900		249,038
Houston American Energy Corp.		14,800		148,000
International Coal Group, Inc.*		83,200		442,624
James River Coal Co.*		14,300		250,679
Knightsbridge Tankers Ltd.		10,800		204,120
Kodiak Oil & Gas Corp.*		76,200		258,318
L&L Energy, Inc.*		18,800		150,776
Magnum Hunter Resources Corp.*		42,400		175,536
McMoRan Exploration Co.*		55,800		960,318
Nordic American Tanker Shipping Ltd.		31,000		829,560
Northern Oil and Gas, Inc.*		26,400		447,216
Oasis Petroleum, Inc.*		32,600		631,462
Overseas Shipholding Group, Inc.		16,300		559,416
Panhandle Oil and Gas, Inc., Class A		5,800		143,202
Patriot Coal Corp.*		49,900		569,359
Penn Virginia Corp.		27,500		441,100
Petroleum Development Corp.*		12,900		356,040
PetroQuest Energy, Inc.*		38,600		235,074
Rentech, Inc.*		190,700		188,030
Resolute Energy Corp.*		24,300		268,758
REX American Resources Corp.*		13,400		194,166
Rex Energy Corp.*		27,200		348,160
Rosetta Resources, Inc.*		33,400		784,566
Scorpio Tankers, Inc.*		17,000		191,930
Ship Finance International Ltd.		27,200		528,496
SM Energy Co.		184,770		6,921,484
Stone Energy Corp.*		32,600		480,198
Swift Energy Co.*		23,800		668,304
Teekay Tankers Ltd., Class A		19,500		253,695
TransAtlantic Petroleum Ltd.*		94,100		278,536
Uranium Energy Corp.*		62,700		205,656
USEC, Inc.*		71,800		372,642
VAALCO Energy, Inc.*		27,900		160,146
Venoco, Inc.*		15,900		312,117
W&T Offshore, Inc.		22,700		240,620
Warren Resources, Inc.*		62,500		248,125
Western Refining, Inc.*		50,200		263,048
World Fuel Services Corp.		37,800		983,178

				39,021,945

Total Energy				73,098,109

Financials (13.4%)
*Capital Markets* (*3.9%*)
Affiliated Managers Group, Inc.*		92,380		7,206,564
American Capital Ltd.*		214,838		1,248,209
Apollo Investment Corp.		125,790		1,286,832
Arlington Asset Investment Corp., Class A		10,000		233,100
Artio Global Investors, Inc.		17,836		272,891
BGC Partners, Inc., Class A		29,440		175,757
BlackRock Kelso Capital Corp.		36,260		416,990

See Notes to Portfolio of Investments.

120

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Calamos Asset Management, Inc., Class A		14,700	$	169,050
Capital Southwest Corp.		2,507		227,636
Cohen & Steers, Inc.		10,866		235,792
Cowen Group, Inc., Class A*		53,870		177,232
Diamond Hill Investment Group, Inc.		1,900		138,700
Duff & Phelps Corp., Class A		17,450		235,051
Epoch Holding Corp.		24,880		320,454
Evercore Partners, Inc., Class A		10,100		288,961
FBR Capital Markets Corp.*		48,000		150,720
Fifth Street Finance Corp.		36,450		406,053
Financial Engines, Inc.*		12,600		167,328
GAMCO Investors, Inc., Class A		4,530		174,541
GFI Group, Inc.		42,981		199,432
Gladstone Capital Corp.		14,300		161,161
Gladstone Investment Corp.		14,040		94,068
Gleacher & Co., Inc.*		89,770		144,530
Golub Capital BDC, Inc.		13,300		203,490
Greenhill & Co., Inc.		107,920		8,560,214
Harris & Harris Group, Inc.*		19,620		83,777
Hercules Technology Growth Capital, Inc.		24,307		245,744
HFF, Inc., Class A*		24,300		225,504
International Assets Holding Corp.*		9,500		171,950
Investment Technology Group, Inc.*		27,900		396,738
JMP Group, Inc.		9,300		56,730
KBW, Inc.		303,901		7,779,866
Knight Capital Group, Inc., Class A*		62,004		768,229
LaBranche & Co., Inc.*		27,310		106,509
Ladenburg Thalmann Financial Services, Inc.*		128,800		131,376
Lazard Ltd., Class A		231,970		8,137,508
Main Street Capital Corp.		19,030		302,387
MCG Capital Corp.		41,570		242,769
MF Global Holdings Ltd.*		64,800		466,560
MVC Capital, Inc.		13,400		173,798
NGP Capital Resources Co.		12,453		112,824
Oppenheimer Holdings, Inc., Class A		7,900		220,805
optionsXpress Holdings, Inc.*		26,900		413,184
PennantPark Investment Corp.		21,245		225,409
Penson Worldwide, Inc.*		16,500		82,005
Piper Jaffray Cos., Inc.*		11,800		343,734
Prospect Capital Corp.		41,061		398,702
Pzena Investment Management, Inc., Class A		27,600		189,612
Safeguard Scientifics, Inc.*		12,930		162,013
Sanders Morris Harris Group, Inc.		18,000		101,880
Solar Capital Ltd.		12,460		267,267
Stifel Financial Corp.*		190,796		8,831,947
SWS Group, Inc.		17,680		126,766
TICC Capital Corp.		16,910		175,018
TradeStation Group, Inc.*		20,900		137,522
Triangle Capital Corp.		6,700		107,066
Virtus Investment Partners, Inc.*		3,495		105,759
Westwood Holdings Group, Inc.		3,560		120,435

				54,306,149

*Commercial Banks* (*3.2%*)
1st Source Corp.		9,550		165,788
1st United Bancorp, Inc.*		23,400		150,462
Alliance Financial Corp./New York		2,610		78,900
American National Bankshares, Inc.		3,880		85,127
Ameris Bancorp*		30,582		285,942
Ames National Corp.		13,560		270,386
Arrow Financial Corp.		6,365		159,644
BancFirst Corp.		3,400		137,564
Banco Latinoamericano de Comercio Exterior S.A., Class E		17,420	$	251,719
Bancorp Rhode Island, Inc.		2,300		64,239
Bancorp, Inc./Delaware*		12,710		85,030
Bank of Marin Bancorp/California		3,290		106,070
Bank of the Ozarks, Inc.		8,280		307,105
Boston Private Financial Holdings, Inc.		43,110		281,939
Bridge Bancorp, Inc.		5,500		137,445
Bryn Mawr Bank Corp.		16,600		285,852
Camden National Corp.		4,850		168,052
Capital City Bank Group, Inc.		9,000		109,260
Cardinal Financial Corp.		18,250		175,383
Cathay General Bancorp		50,401		599,268
Center Financial Corp.*		36,400		185,276
Centerstate Banks, Inc.		15,600		133,848
Chemical Financial Corp.		15,100		311,664
Citizens & Northern Corp.		7,700		100,100
Citizens Republic Bancorp, Inc.*		250,840		226,032
City Holding Co.		10,500		322,035
CNB Financial Corp./Pennsylvania		5,490		75,488
CoBiz Financial, Inc.		39,545		219,870
Columbia Banking System, Inc.		24,900		489,285
Community Bank System, Inc.		20,816		478,976
Community Trust Bancorp, Inc.		10,100		273,609
CVB Financial Corp.		54,800		411,548
Danvers Bancorp, Inc.		13,870		212,627
Eagle Bancorp, Inc.*		9,620		110,438
Enterprise Financial Services Corp.		7,230		67,239
F.N.B. Corp./Pennsylvania		73,500		629,160
Financial Institutions, Inc.		7,100		125,386
First Bancorp, Inc./Maine		5,540		76,618
First Bancorp/North Carolina		13,049		177,727
First Bancorp/Puerto Rico*		53,800		15,064
First Busey Corp.		30,580		139,139
First Commonwealth Financial Corp.		60,100		327,545
First Community Bancshares, Inc./Virginia		9,400		121,260
First Financial Bancorp		36,760		613,157
First Financial Bankshares, Inc.		13,500		634,365
First Financial Corp./Indiana		7,900		233,050
First Interstate Bancsystem, Inc.		12,300		165,558
First Merchants Corp.		18,600		141,918
First Midwest Bancorp, Inc./Illinois		47,300		545,369
First of Long Island Corp.		10,300		257,294
First South Bancorp, Inc./North Carolina		5,180		51,386
FirstMerit Corp.		67,940		1,244,661
German American Bancorp, Inc.		9,600		164,736
Glacier Bancorp, Inc.		45,730		667,658
Great Southern Bancorp, Inc.		7,500		163,275
Green Bankshares, Inc.*		15,100		102,529
Hancock Holding Co.		18,000		541,260
Hanmi Financial Corp.*		141,100		180,608
Heartland Financial USA, Inc.		8,390		129,122
Heritage Financial Corp./Washington*		18,440		258,160
Home Bancorp, Inc.*		5,680		75,998
Home Bancshares, Inc./Arkansas		12,247		248,859
Hudson Valley Holding Corp.		8,000		156,160
IBERIABANK Corp.		116,278		5,811,574
Independent Bank Corp./Massachusetts		13,600		306,272
International Bancshares Corp.		33,400		564,126
Investors Bancorp, Inc.*		32,200		381,248
Lakeland Bancorp, Inc.		32,600		274,818

See Notes to Portfolio of Investments.

121

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Lakeland Financial Corp.		10,070	$	187,906
MainSource Financial Group, Inc.		10,800		82,512
MB Financial, Inc.		31,700		514,174
Merchants Bancshares, Inc.		3,050		76,067
Metro Bancorp, Inc.*		20,050		208,320
Nara Bancorp, Inc.*		20,100		141,906
National Bankshares, Inc./Virginia		5,800		149,640
National Penn Bancshares, Inc.		80,100		500,625
NBT Bancorp, Inc.		22,900		505,403
Northfield Bancorp, Inc./New Jersey		13,300		143,906
Old National Bancorp/Indiana		55,300		580,650
OmniAmerican Bancorp, Inc.*		7,550		85,089
Oriental Financial Group, Inc.		33,400		444,220
Orrstown Financial Services, Inc.		11,800		273,288
Pacific Continental Corp.		16,800		152,040
PacWest Bancorp		18,400		350,704
Park National Corp.		7,450		477,098
Peapack-Gladstone Financial Corp.		5,545		65,320
Penns Woods Bancorp, Inc.		2,440		80,642
Peoples Bancorp, Inc./Ohio		18,500		228,845
Pinnacle Financial Partners, Inc.*		21,281		195,572
PrivateBancorp, Inc.		34,018		387,465
Prosperity Bancshares, Inc.		29,150		946,500
Renasant Corp.		13,400		203,814
Republic Bancorp, Inc./Kentucky, Class A		6,400		135,232
S&T Bancorp, Inc.		14,961		260,621
Sandy Spring Bancorp, Inc.		15,310		237,305
SCBT Financial Corp.		8,200		255,758
Sierra Bancorp		6,500		80,275
Signature Bank/New York*		26,500		1,029,260
Simmons First National Corp., Class A		10,620		300,227
Southside Bancshares, Inc.		8,768		165,628
Southwest Bancorp, Inc./Oklahoma		24,000		311,280
State Bancorp, Inc./New York		28,600		256,828
StellarOne Corp.		14,440		183,677
Sterling Bancorp/New York		17,000		147,730
Sterling Bancshares, Inc./Texas		65,220		350,231
Suffolk Bancorp		6,100		154,452
Susquehanna Bancshares, Inc.		83,203		702,233
SVB Financial Group*		26,527		1,122,623
SY Bancorp, Inc.		6,300		156,366
Taylor Capital Group, Inc.*		13,900		159,433
Texas Capital Bancshares, Inc.*		22,650		391,165
Tompkins Financial Corp.		6,051		239,983
Tower Bancorp, Inc.		11,330		229,659
TowneBank/Virginia		14,790		221,258
Trico Bancshares		8,850		136,025
Trustmark Corp.		40,480		880,035
UMB Financial Corp.		20,400		724,404
Umpqua Holdings Corp.		72,490		822,037
Union First Market Bankshares Corp.		16,450		214,837
United Bankshares, Inc.		24,280		604,329
United Community Banks, Inc./Georgia*		51,992		116,462
Univest Corp. of Pennsylvania		10,447		182,405
Virginia Commerce Bancorp, Inc.*		27,800		135,108
Washington Banking Co.		9,730		134,858
Washington Trust Bancorp, Inc.		10,300		196,936
Webster Financial Corp.		43,400		762,104
WesBanco, Inc.		16,600		271,244
West Bancorp, Inc.*		9,900		62,370
West Coast Bancorp/Oregon*		66,400		151,392
Westamerica Bancorp		19,100		1,040,759
Western Alliance Bancorp*		44,400	$	297,480
Whitney Holding Corp./Louisiana		61,700		504,089
Wilshire Bancorp, Inc.		16,500		107,910
Wintrust Financial Corp.		19,170		621,300

				45,087,284

*Consumer Finance (0.3%*)
Advance America Cash Advance Centers, Inc.		29,170		117,555
Cardtronics, Inc.*		17,200		265,396
Cash America International, Inc.		19,200		672,000
CompuCredit Holdings Corp.		43,400		209,188
Credit Acceptance Corp.*		5,000		302,800
Dollar Financial Corp.*		15,100		315,137
EZCORP, Inc., Class A*		30,300		607,212
First Cash Financial Services, Inc.*		19,900		552,225
First Marblehead Corp.*		127,370		298,046
Nelnet, Inc., Class A		16,850		385,528
Student Loan Corp.		7,300		216,810
World Acceptance Corp.*		10,320		455,731

				4,397,628

*Diversified Financial Services (0.2%*)
Asset Acceptance Capital Corp.*		9,500		51,015
Compass Diversified Holdings		20,050		324,008
Encore Capital Group, Inc.*		8,450		152,269
Life Partners Holdings, Inc.		14,170		269,655
MarketAxess Holdings, Inc.		20,100		341,298
Medallion Financial Corp.		15,894		123,814
NewStar Financial, Inc.*		17,600		130,416
PHH Corp.*		36,400		766,584
PICO Holdings, Inc.*		14,400		429,984
Portfolio Recovery Associates, Inc.* .		10,780		696,927
Primus Guaranty Ltd.*		47,900		218,424

				3,504,394

*Insurance (1.5%*)
Alterra Capital Holdings Ltd.		61,600		1,227,072
Ambac Financial Group, Inc.*		217,700		120,824
American Equity Investment Life Holding Co.		36,980		378,675
American Physicians Capital, Inc.		5,200		215,592
American Physicians Service Group, Inc.		4,050		131,017
American Safety Insurance Holdings Ltd.*		7,900		129,086
AMERISAFE, Inc.*		11,990		225,172
Amtrust Financial Services, Inc.		14,800		214,896
Argo Group International Holdings Ltd.		19,900		691,326
Baldwin & Lyons, Inc., Class B		6,487		165,094
Citizens, Inc./Texas*		17,600		121,264
CNA Surety Corp.*		10,690		191,565
CNO Financial Group, Inc.*		161,400		894,156
Crawford & Co., Class B*		60,900		147,987
Delphi Financial Group, Inc., Class A		28,405		709,841
Donegal Group, Inc., Class A		11,200		146,384
eHealth, Inc.*		16,600		214,472
EMC Insurance Group, Inc.		11,712		249,700
Employers Holdings, Inc.		30,900		487,293
Enstar Group, Ltd.*		4,450		323,070
FBL Financial Group, Inc., Class A		8,200		213,036
First American Financial Corp.		66,400		992,016
First Mercury Financial Corp.		10,000		100,800
Flagstone Reinsurance Holdings S.A.		33,774		358,342
FPIC Insurance Group, Inc.*		5,700		200,013
Gerova Financial Group Ltd.*		51,600		278,640

See Notes to Portfolio of Investments.

122

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Global Indemnity plc*		11,550	$	185,378
Greenlight Capital Reinsurance Ltd., Class A*		16,866		421,987
Hallmark Financial Services*		18,200		159,068
Harleysville Group, Inc.		8,800		288,552
Hilltop Holdings, Inc.*		24,641		236,061
Horace Mann Educators Corp.		24,910		442,900
Infinity Property & Casualty Corp.		9,300		453,561
Kansas City Life Insurance Co.		9,090		283,517
Maiden Holdings Ltd.		31,730		241,465
Meadowbrook Insurance Group, Inc.		38,500		345,345
Montpelier Reinsurance Holdings Ltd.		45,200		782,864
National Financial Partners Corp.*		26,165		331,511
National Interstate Corp.		13,380		291,283
National Western Life Insurance Co., Class A		1,430		201,172
Navigators Group, Inc.*		7,600		339,188
NYMAGIC, Inc.		9,400		241,298
Phoenix Cos., Inc.*		69,800		146,580
Platinum Underwriters Holdings Ltd.		28,380		1,235,098
PMA Capital Corp., Class A*		22,200		167,388
Presidential Life Corp.		13,900		136,220
Primerica, Inc.		15,400		313,236
ProAssurance Corp.*		20,600		1,186,354
RLI Corp.		12,000		679,440
Safety Insurance Group, Inc.		8,350		350,867
SeaBright Holdings, Inc.		13,790		111,147
Selective Insurance Group, Inc.		33,590		547,181
State Auto Financial Corp.		9,100		138,411
Stewart Information Services Corp.		18,800		212,816
Tower Group, Inc.		27,126		633,392
United Fire & Casualty Co.		14,600		309,666
Universal Insurance Holdings, Inc.		44,300		198,907

				20,739,186

*Real Estate Investment Trusts (REITs)* (*3.4%*)
Acadia Realty Trust (REIT)		25,986		493,734
Agree Realty Corp. (REIT)		7,178		181,245
Alexander’s, Inc. (REIT)		1,300		410,514
American Campus Communities, Inc. (REIT)		44,121		1,343,043
American Capital Agency Corp. (REIT)		20,916		555,738
Anworth Mortgage Asset Corp. (REIT)		72,100		514,073
Apollo Commercial Real Estate Finance, Inc. (REIT)		19,160		307,901
Ashford Hospitality Trust, Inc. (REIT)*		28,450		257,473
Associated Estates Realty Corp. (REIT)		20,800		290,784
BioMed Realty Trust, Inc. (REIT)		72,100		1,292,032
CapLease, Inc. (REIT)		32,770		183,184
Capstead Mortgage Corp. (REIT)		44,010		478,389
CBL & Associates Properties, Inc. (REIT)		87,660		1,144,840
Cedar Shopping Centers, Inc. (REIT)		28,700		174,496
Chesapeake Lodging Trust (REIT)		16,970		277,629
Cogdell Spencer, Inc. (REIT)		19,070		120,522
Colonial Properties Trust (REIT)		42,000		679,980
Colony Financial, Inc. (REIT)		9,234		170,644
Cousins Properties, Inc. (REIT)		47,806		341,335
CreXus Investment Corp. (REIT)		8,640		103,939
Cypress Sharpridge Investments, Inc. (REIT)		12,100		161,535
DCT Industrial Trust, Inc. (REIT)		130,300	$	624,137
DiamondRock Hospitality Co. (REIT)*		98,608		935,790
DuPont Fabros Technology, Inc. (REIT)		24,330		611,900
Dynex Capital, Inc. (REIT)		27,130		292,461
EastGroup Properties, Inc. (REIT)		16,900		631,722
Education Realty Trust, Inc. (REIT)		36,600		261,690
Entertainment Properties Trust (REIT)		29,378		1,268,542
Equity Lifestyle Properties, Inc. (REIT)		16,300		888,024
Equity One, Inc. (REIT)		23,700		400,056
Excel Trust, Inc. (REIT)		14,300		161,161
Extra Space Storage, Inc. (REIT)		54,930		881,077
FelCor Lodging Trust, Inc. (REIT)*		64,940		298,724
First Industrial Realty Trust, Inc. (REIT)*		36,300		184,041
First Potomac Realty Trust (REIT)		24,057		360,855
Franklin Street Properties Corp. (REIT)		42,300		525,366
Getty Realty Corp. (REIT)		11,120		298,350
Gladstone Commercial Corp. (REIT)		5,450		93,522
Glimcher Realty Trust (REIT)		57,630		354,424
Government Properties Income Trust (REIT)		18,650		497,955
Hatteras Financial Corp. (REIT)		24,200		688,974
Healthcare Realty Trust, Inc. (REIT)		38,900		909,871
Hersha Hospitality Trust (REIT)		76,989		398,803
Highwoods Properties, Inc. (REIT)		48,040		1,559,859
Home Properties, Inc. (REIT)		25,240		1,335,196
Inland Real Estate Corp. (REIT)		47,500		394,725
Invesco Mortgage Capital, Inc. (REIT)		16,280		350,346
Investors Real Estate Trust (REIT)		46,300		387,994
iStar Financial, Inc. (REIT)*		66,700		204,102
Kilroy Realty Corp. (REIT)		36,400		1,206,296
Kite Realty Group Trust (REIT)		29,430		130,669
LaSalle Hotel Properties (REIT)		44,350		1,037,347
Lexington Realty Trust (REIT)		63,545		454,982
LTC Properties, Inc. (REIT)		15,000		382,800
Medical Properties Trust, Inc. (REIT)		70,618		716,067
MFA Financial, Inc. (REIT)		178,290		1,360,353
Mid-America Apartment Communities, Inc. (REIT)		22,250		1,296,730
Mission West Properties, Inc. (REIT)		18,245		123,701
Monmouth Real Estate Investment Corp. (REIT), Class A		13,860		108,385
National Health Investors, Inc. (REIT)		17,400		766,644
National Retail Properties, Inc. (REIT)		55,750		1,399,883
Newcastle Investment Corp. (REIT)*		67,000		207,700
NorthStar Realty Finance Corp. (REIT)		42,180		157,753
Omega Healthcare Investors, Inc. (REIT)		61,430		1,379,103
One Liberty Properties, Inc. (REIT)		11,800		187,738
Parkway Properties, Inc./Maryland (REIT)		14,169		209,701
Pebblebrook Hotel Trust (REIT)*		22,928		412,933
Pennsylvania Real Estate Investment Trust (REIT)		31,600		374,776
Pennymac Mortgage Investment Trust (REIT)		9,300		166,377

See Notes to Portfolio of Investments.

123

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Post Properties, Inc. (REIT)		30,800	$	859,936
Potlatch Corp. (REIT)		26,100		887,400
PS Business Parks, Inc. (REIT)		11,400		644,898
RAIT Financial Trust (REIT)*		63,100		104,115
Ramco-Gershenson Properties Trust (REIT)		18,200		194,922
Redwood Trust, Inc. (REIT)		51,900		750,474
Resource Capital Corp. (REIT)		20,650		131,128
Retail Opportunity Investments Corp. (REIT)		26,700		255,519
Saul Centers, Inc. (REIT)		4,450		186,677
Sovran Self Storage, Inc. (REIT)		17,400		659,460
Strategic Hotels & Resorts, Inc. (REIT)*		94,972		402,681
Sun Communities, Inc. (REIT)		10,700		328,490
Sunstone Hotel Investors, Inc. (REIT)*		62,263		564,725
Tanger Factory Outlet Centers (REIT)		25,600		1,206,784
Terreno Realty Corp. (REIT)*		5,560		101,303
Two Harbors Investment Corp. (REIT)		22,200		200,244
Universal Health Realty Income Trust (REIT)		7,050		242,590
Urstadt Biddle Properties, Inc. (REIT), Class A		12,970		234,498
U-Store-It Trust (REIT)		62,550		522,293
Walter Investment Management Corp. (REIT)		14,640		256,054
Washington Real Estate Investment Trust (REIT)		40,800		1,294,584
Winthrop Realty Trust (REIT)		9,550		118,038

				47,509,448

*Real Estate Management & Development* (*0.1%*)
Avatar Holdings, Inc.*		14,960		285,437
Consolidated-Tomoka Land Co.		9,300		265,143
Forestar Group, Inc.*		24,000		409,200
Kennedy-Wilson Holdings, Inc.*		17,600		186,560
Tejon Ranch Co.*		7,900		171,193

				1,317,533

*Thrifts & Mortgage Finance* (*0.8%*)
Abington Bancorp, Inc.		13,900		146,506
Astoria Financial Corp.		57,300		780,999
Bank Mutual Corp.		31,300		162,447
BankFinancial Corp.		17,900		164,143
Beneficial Mutual Bancorp, Inc.*		20,770		186,307
Berkshire Hills Bancorp, Inc.		9,200		174,432
Brookline Bancorp, Inc.		37,534		374,589
Clifton Savings Bancorp, Inc.		20,500		176,300
Dime Community Bancshares, Inc.		16,700		231,295
Doral Financial Corp.*		70,200		116,532
ESB Financial Corp.		10,100		140,592
ESSA Bancorp, Inc.		13,300		157,472
First Financial Holdings, Inc.		10,110		112,625
Flagstar Bancorp, Inc.*		113,800		207,116
Flushing Financial Corp.		19,150		221,374
Home Federal Bancorp, Inc./Idaho		9,600		116,832
Kearny Financial Corp.		12,250		108,167
Meridian Interstate Bancorp, Inc.*		22,300		235,042
MGIC Investment Corp.*		128,551		1,186,526
NewAlliance Bancshares, Inc.		71,700		904,854
Northwest Bancshares, Inc.		70,770		791,916
OceanFirst Financial Corp.		19,306		236,885
Ocwen Financial Corp.*		47,400		480,636
Oritani Financial Corp.		28,794	$	287,364
PMI Group, Inc.*		89,564		328,700
Provident Financial Services, Inc.		36,100		446,196
Provident New York Bancorp		18,900		158,571
Radian Group, Inc.		83,766		655,050
Rockville Financial, Inc.		14,900		171,201
Roma Financial Corp.		16,500		173,745
Territorial Bancorp, Inc.		9,900		166,617
TrustCo Bank Corp. NY		50,000		278,000
United Financial Bancorp, Inc.		11,100		149,961
ViewPoint Financial Group		22,130		204,703
Westfield Financial, Inc.		19,840		154,752
WSFS Financial Corp.		3,900		146,289

				10,734,736

Total Financials				187,596,358

Health Care (15.4%)
*Biotechnology* (*3.9%*)
Acorda Therapeutics, Inc.*		23,600		779,272
Affymax, Inc.*		11,200		66,640
Alexion Pharmaceuticals, Inc.*		113,340		7,294,562
Alkermes, Inc.*		62,000		908,300
Allos Therapeutics, Inc.*		38,200		180,304
Alnylam Pharmaceuticals, Inc.*		20,900		256,652
AMAG Pharmaceuticals, Inc.*		13,853		238,410
Arena Pharmaceuticals, Inc.*		75,100		117,907
ARIAD Pharmaceuticals, Inc.*		59,500		227,290
ArQule, Inc.*		30,200		155,530
Array BioPharma, Inc.*		92,500		298,775
AVEO Pharmaceuticals, Inc.*		26,800		298,552
AVI BioPharma, Inc.*		107,900		198,536
BioCryst Pharmaceuticals, Inc.*		56,500		279,110
Biotime, Inc.*		27,400		130,150
Celera Corp.*		50,800		342,392
Celldex Therapeutics, Inc.*		12,900		51,600
Cepheid, Inc.*		37,200		696,012
Chelsea Therapeutics International Ltd.*		38,800		198,656
Clinical Data, Inc.*		11,400		192,318
Codexis, Inc.*		18,500		177,600
Cubist Pharmaceuticals, Inc.*		36,400		851,396
Cytokinetics, Inc.*		34,200		90,288
Cytori Therapeutics, Inc.*		28,800		140,832
Dendreon Corp.*		40,680		1,675,202
Dyax Corp.*		129,700		307,389
Dynavax Technologies Corp.*		93,600		171,288
Emergent Biosolutions, Inc.*		10,500		181,230
Enzon Pharmaceuticals, Inc.*		37,800		425,250
Exact Sciences Corp.*		28,700		207,788
Exelixis, Inc.*		65,800		257,936
Genomic Health, Inc.*		20,700		276,552
Geron Corp.*		56,900		314,657
Halozyme Therapeutics, Inc.*		39,500		304,545
Human Genome Sciences, Inc.*		179,430		5,345,220
Idenix Pharmaceuticals, Inc.*		47,200		146,320
Immunogen, Inc.*		44,800		280,896
Immunomedics, Inc.*		58,400		188,048
Incyte Corp.*		229,695		3,672,823
InterMune, Inc.*		28,500		388,170
Ironwood Pharmaceuticals, Inc.*		226,770		2,308,519
Isis Pharmaceuticals, Inc.*		59,600		500,640
Keryx Biopharmaceuticals, Inc.*		47,100		226,551
Lexicon Pharmaceuticals, Inc.*		224,300		358,880
Ligand Pharmaceuticals, Inc., Class B*		75,900		119,922
MannKind Corp.*		33,455		226,156

See Notes to Portfolio of Investments.

124

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Martek Biosciences Corp.*		19,900	$	450,337
Maxygen, Inc.*		18,000		104,220
Medivation, Inc.*		16,800		218,400
Metabolix, Inc.*		11,700		147,186
Micromet, Inc.*		51,700		347,424
Momenta Pharmaceuticals, Inc.*		25,300		380,765
Nabi Biopharmaceuticals*		33,400		160,320
Neurocrine Biosciences, Inc.*		43,100		261,186
Novavax, Inc.*		60,400		132,276
NPS Pharmaceuticals, Inc.*		31,800		217,512
Omeros Corp.*		24,200		176,418
Onyx Pharmaceuticals, Inc.*		41,900		1,105,322
Opko Health, Inc.*		73,800		165,312
Orexigen Therapeutics, Inc.*		68,400		405,612
Osiris Therapeutics, Inc.*		32,000		232,960
PDL BioPharma, Inc.		79,300		417,118
Pharmacyclics, Inc.*		28,700		231,322
Pharmasset, Inc.*		18,700		551,650
Progenics Pharmaceuticals, Inc.*		33,600		169,680
Regeneron Pharmaceuticals, Inc.*		105,450		2,889,330
Rigel Pharmaceuticals, Inc.*		31,600		265,756
Sangamo BioSciences, Inc.*		29,300		100,499
Savient Pharmaceuticals, Inc.*		45,800		1,047,446
Seattle Genetics, Inc.*		194,930		3,027,263
SIGA Technologies, Inc.*		19,900		168,354
Spectrum Pharmaceuticals, Inc.*		66,817		278,627
StemCells, Inc.*		92,700		76,941
Synta Pharmaceuticals Corp.*		47,400		189,126
Targacept, Inc.*		15,200		339,568
Theravance, Inc.*		44,500		894,450
United Therapeutics Corp.*		126,470		7,083,585
Vanda Pharmaceuticals, Inc.*		17,800		118,904
Vical, Inc.*		58,300		130,009
ZIOPHARM Oncology, Inc.*		54,200		203,250
ZymoGenetics, Inc.*		33,600		327,600

				55,070,794

*Health Care Equipment & Supplies* (*4.2%*)
Abaxis, Inc.*		14,700		339,570
ABIOMED, Inc.*		17,100		181,431
Accuray, Inc.*		23,200		144,304
AGA Medical Holdings, Inc.*		13,800		192,648
Align Technology, Inc.*		395,580		7,745,456
Alimera Sciences, Inc.*		20,000		191,400
Alphatec Holdings, Inc.*		33,400		71,142
American Medical Systems Holdings, Inc.*		48,800		955,504
Analogic Corp.		8,700		390,456
AngioDynamics, Inc.*		11,400		173,736
ArthroCare Corp.*		17,200		467,496
Atrion Corp.		1,200		189,012
Cantel Medical Corp.		10,300		166,860
Conceptus, Inc.*		19,600		269,500
CONMED Corp.*		18,600		416,826
CryoLife, Inc.*		17,100		103,797
Cyberonics, Inc.*		18,300		488,244
Delcath Systems, Inc.*		21,000		151,620
DexCom, Inc.*		35,800		473,276
DynaVox, Inc., Class A*		36,500		296,380
Endologix, Inc.*		46,600		212,496
Exactech, Inc.*		6,800		110,976
Greatbatch, Inc.*		15,100		350,169
Haemonetics Corp.*		16,500		965,745
HeartWare International, Inc.*		6,100		419,436
ICU Medical, Inc.*		7,600		283,404
Immucor, Inc.*		43,700		866,571
Insulet Corp.*		24,300	$	343,602
Integra LifeSciences Holdings Corp.*		14,300		564,278
Invacare Corp.		20,100		532,851
IRIS International, Inc.*		10,400		99,840
Kensey Nash Corp.*		5,800		167,562
MAKO Surgical Corp.*		16,200		155,196
Masimo Corp.		33,950		927,174
Medical Action Industries, Inc.*		13,200		119,460
MELA Sciences, Inc.*		16,100		104,972
Meridian Bioscience, Inc.		26,900		588,572
Merit Medical Systems, Inc.*		17,900		284,431
Natus Medical, Inc.*		18,100		263,717
Neogen Corp.*		14,400		487,440
NuVasive, Inc.*		203,190		7,140,097
NxStage Medical, Inc.*		14,600		278,860
OraSure Technologies, Inc.*		33,600		136,080
Orthofix International N.V.*		8,900		279,638
Orthovita, Inc.*		43,000		97,610
Palomar Medical Technologies, Inc.*		12,100		124,993
Quidel Corp.*		17,000		186,830
ResMed, Inc.*		216,560		7,105,334
Rochester Medical Corp.*		11,000		120,010
RTI Biologics, Inc.*		36,200		95,206
Sirona Dental Systems, Inc.*		204,550		7,371,982
SonoSite, Inc.*		7,900		264,729
Spectranetics Corp.*		35,600		192,952
STAAR Surgical Co.*		31,400		169,874
Stereotaxis, Inc.*		55,700		230,598
STERIS Corp.		38,700		1,285,614
SurModics, Inc.*		21,900		261,048
Symmetry Medical, Inc.*		23,800		229,432
Syneron Medical Ltd.*		22,700		225,184
Synovis Life Technologies, Inc.*		7,400		110,630
TomoTherapy, Inc.*		62,300		219,296
Unilife Corp.*		31,400		189,342
Vascular Solutions, Inc.*		17,600		202,048
Volcano Corp.*		335,050		8,704,599
West Pharmaceutical Services, Inc.		21,900		751,389
Wright Medical Group, Inc.*		23,600		340,076
Young Innovations, Inc.		7,000		200,270
Zoll Medical Corp.*		14,100		455,007

				58,225,278

*Health Care Providers & Services* (*4.3%*)
Accretive Health, Inc.*		13,900		150,537
Air Methods Corp.*		7,000		291,060
Alliance HealthCare Services, Inc.*		28,100		128,698
Almost Family, Inc.*		4,600		136,298
Amedisys, Inc.*		17,900		426,020
America Service Group, Inc.		10,400		154,752
American Dental Partners, Inc.*		13,800		166,428
AMERIGROUP Corp.*		34,600		1,469,462
AMN Healthcare Services, Inc.*		19,500		100,230
Amsurg Corp.*		17,416		304,432
Assisted Living Concepts, Inc., Class A*		5,680		172,899
Bio-Reference Labs, Inc.*		15,800		329,588
BioScrip, Inc.*		30,700		158,412
CardioNet, Inc.*		15,855		71,506
Catalyst Health Solutions, Inc.*		24,500		862,645
Centene Corp.*		345,940		8,160,725
Chemed Corp.		14,500		826,065
Chindex International, Inc.*		13,100		197,941
Clarient, Inc.*		39,600		133,848
Continucare Corp.*		49,200		206,640
Corvel Corp.*		5,900		250,455

See Notes to Portfolio of Investments.

125

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Cross Country Healthcare, Inc.*		17,000	$	122,230
Emergency Medical Services Corp., Class A*		163,980		8,731,935
Emeritus Corp.*		15,191		259,158
Ensign Group, Inc.		7,300		131,035
Genoptix, Inc.*		9,650		137,030
Gentiva Health Services, Inc.*		19,400		423,890
Hanger Orthopedic Group, Inc.*		20,000		290,800
Health Grades, Inc.*		29,100		238,329
HealthSouth Corp.*		59,100		1,134,720
Healthspring, Inc.*		138,209		3,571,320
Healthways, Inc.*		22,800		265,392
HMS Holdings Corp.*		182,960		10,783,662
IPC The Hospitalist Co., Inc.*		10,800		295,056
Kindred Healthcare, Inc.*		26,100		339,822
Landauer, Inc.		6,233		390,373
LHC Group, Inc.*		9,600		222,624
Magellan Health Services, Inc.*		215,570		10,183,527
MedCath Corp.*		13,300		133,931
Molina Healthcare, Inc.*		6,800		183,532
MWI Veterinary Supply, Inc.*		7,200		415,584
National Healthcare Corp.		5,900		218,713
National Research Corp.		3,600		93,888
Owens & Minor, Inc.#		39,750		1,131,285
PharMerica Corp.*		19,300		183,929
Providence Service Corp.*		13,300		217,987
PSS World Medical, Inc.*		39,700		848,786
Psychiatric Solutions, Inc.*		37,200		1,248,060
RehabCare Group, Inc.*		15,800		319,476
Res-Care, Inc.*		16,900		224,263
Rural/Metro Corp.*		24,600		209,346
Select Medical Holdings Corp.*		21,619		166,466
Skilled Healthcare Group, Inc., Class A*		15,990		62,841
Sun Healthcare Group, Inc.*		50,700		429,429
Sunrise Senior Living, Inc.*		66,600		228,438
Team Health Holdings, Inc.*		12,700		163,957
Triple-S Management Corp., Class B*		11,700		197,145
U.S. Physical Therapy, Inc.*		8,500		142,120
Universal American Corp.		17,100		252,225
WellCare Health Plans, Inc.*		28,300		819,568

				60,110,513

*Health Care Technology* (*1.3%)*
athenahealth, Inc.*		22,450		741,299
Computer Programs & Systems, Inc.		6,500		276,705
MedAssets, Inc.*		321,350		6,761,204
Medidata Solutions, Inc.*		9,300		178,560
MedQuist, Inc.*		24,300		212,868
Merge Healthcare, Inc.*		37,800		109,620
Omnicell, Inc.*		14,700		192,276
Quality Systems, Inc.		12,100		802,351
SXC Health Solutions Corp.*		240,060		8,754,988
Vital Images, Inc.*		8,700		115,101

				18,144,972

*Life Sciences Tools & Services* (*0.3%*)
Accelrys, Inc.*		35,661		248,201
Affymetrix, Inc.*		48,000		218,880
Albany Molecular Research, Inc.*		20,300		129,514
Bruker Corp.*		46,400		650,992
Caliper Life Sciences, Inc.*		46,400		185,136
Cambrex Corp.*		26,300		111,775
Dionex Corp.*		11,900		1,028,636
Enzo Biochem, Inc.*		32,500		123,500
eResearchTechnology, Inc.*		27,400		204,952
Kendle International, Inc.*		21,900	$	204,108
Luminex Corp.*		28,500		456,000
PAREXEL International Corp.*		36,777		850,652
Sequenom, Inc.*		40,000		280,400

				4,692,746

*Pharmaceuticals* (*1.4%*)
Acura Pharmaceuticals, Inc.*		17,404		43,336
Akorn, Inc.*		63,800		257,752
Alexza Pharmaceuticals, Inc.*		62,500		198,125
Ardea Biosciences, Inc.*		8,100		186,300
Auxilium Pharmaceuticals, Inc.*		30,200		748,356
AVANIR Pharmaceuticals, Inc., Class A*		74,100		236,379
BioMimetic Therapeutics, Inc.*		10,300		117,420
BMP Sunstone Corp.*		48,400		367,840
Cadence Pharmaceuticals, Inc.*		15,700		131,095
Caraco Pharmaceutical Laboratories Ltd.*		19,400		104,372
Corcept Therapeutics, Inc.*		56,200		218,618
Cornerstone Therapeutics, Inc.*		12,900		91,074
Cumberland Pharmaceuticals, Inc.*		11,300		65,653
Cypress Bioscience, Inc.*		17,700		68,145
Depomed, Inc.*		45,000		201,600
Durect Corp.*		59,736		151,730
Eurand N.V.*		20,800		204,672
Hi-Tech Pharmacal Co., Inc.*		9,000		182,160
Impax Laboratories, Inc.*		40,600		803,880
Inspire Pharmaceuticals, Inc.*		38,932		231,645
Jazz Pharmaceuticals, Inc.*		23,800		255,374
Lannett Co., Inc.*		24,100		110,378
MAP Pharmaceuticals, Inc.*		11,500		175,950
Medicines Co.*		31,500		447,300
Medicis Pharmaceutical Corp., Class A		39,400		1,168,210
Nektar Therapeutics*		257,020		3,796,185
Obagi Medical Products, Inc.*		15,000		157,500
Optimer Pharmaceuticals, Inc.*		18,600		170,562
Pain Therapeutics, Inc.*		21,400		132,252
Par Pharmaceutical Cos., Inc.*		22,400		651,392
Pozen, Inc.*		16,400		116,112
Questcor Pharmaceuticals, Inc.*		41,400		410,688
Salix Pharmaceuticals Ltd.*		131,950		5,241,054
Santarus, Inc.*		51,800		155,918
Sucampo Pharmaceuticals, Inc., Class A*		21,600		81,000
ViroPharma, Inc.*		51,100		761,901
Vivus, Inc.*		53,400		357,246
XenoPort, Inc.*		19,800		140,778

				18,939,952

Total Health Care				215,184,255

Industrials (17.9%)
*Aerospace & Defense* (*1.5%*)
AAR Corp.*		24,500		457,170
Aerovironment, Inc.*		11,100		246,975
American Science & Engineering, Inc.		6,082		447,940
Applied Signal Technology, Inc.		6,000		149,280
Astronics Corp.*		11,500		200,675
Ceradyne, Inc.*		16,600		387,610
Cubic Corp.		12,600		514,080
Curtiss-Wright Corp.		29,400		890,820
DigitalGlobe, Inc.*		17,600		535,040
Ducommun, Inc.		8,200		178,596
Esterline Technologies Corp.*		21,300		1,218,999
GenCorp, Inc.*		31,800		156,456

See Notes to Portfolio of Investments.

126

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
GeoEye, Inc.*		12,400	$	501,952
HEICO Corp.		19,375		884,275
Herley Industries, Inc.*		9,300		153,450
Hexcel Corp.*		546,070		9,714,585
Kratos Defense & Security Solutions, Inc.*		18,400		195,960
Ladish Co., Inc.*		10,100		314,413
LMI Aerospace, Inc.*		11,400		181,488
Moog, Inc., Class A*		30,800		1,093,708
Orbital Sciences Corp.*		39,400		602,820
Taser International, Inc.*		32,100		124,548
Teledyne Technologies, Inc.*		22,400		891,968
Triumph Group, Inc.		11,300		842,867

				20,885,675

*Air Freight & Logistics* (*0.6%*)
Air Transport Services Group, Inc.*		35,200		214,368
Atlas Air Worldwide Holdings, Inc.*		145,400		7,313,620
Forward Air Corp.		18,500		481,000
Hub Group, Inc., Class A*		24,700		722,722
Pacer International, Inc.*		25,100		151,604
Park-Ohio Holdings Corp.*		13,400		178,220

				9,061,534

*Airlines* (*0.4%*)
AirTran Holdings, Inc.*		91,700		673,995
Alaska Air Group, Inc.*		26,400		1,347,192
Allegiant Travel Co.		10,190		431,241
Hawaiian Holdings, Inc.*		28,300		169,517
JetBlue Airways Corp.*		154,200		1,031,598
Republic Airways Holdings, Inc.*		22,100		182,988
SkyWest, Inc.		34,100		476,036
U.S. Airways Group, Inc.*		103,400		956,450

				5,269,017

*Building Products* (*0.9%*)
A.O. Smith Corp.		15,500		897,295
AAON, Inc.		8,700		204,624
American Woodmark Corp.		6,900		122,337
Ameron International Corp.		6,000		407,760
Apogee Enterprises, Inc.		14,500		132,675
Builders FirstSource, Inc.*		111,300		253,764
Gibraltar Industries, Inc.*		17,300		155,354
Griffon Corp.*		26,400		321,816
Insteel Industries, Inc.		14,800		132,904
NCI Building Systems, Inc.*		27,880		265,696
Quanex Building Products Corp.		25,200		435,204
Simpson Manufacturing Co., Inc.		307,260		7,921,163
Trex Co., Inc.*		10,900		207,863
Universal Forest Products, Inc.		14,900		435,825

				11,894,280

*Commercial Services & Supplies* (*1.2%*)
ABM Industries, Inc.		31,100		671,449
ACCO Brands Corp.*		29,400		169,050
American Reprographics Co.*		22,700		178,195
APAC Customer Services, Inc.*		32,200		182,252
ATC Technology Corp.*		10,600		262,244
Bowne & Co., Inc.		21,745		246,371
Brink’s Co.		30,600		703,800
Cenveo, Inc.*		40,000		201,200
Clean Harbors, Inc.*		14,707		996,399
Consolidated Graphics, Inc.*		6,700		277,715
Courier Corp.		21,900		311,418
Deluxe Corp.		33,300		637,029
EnergySolutions, Inc.		50,600		254,518
EnerNOC, Inc.*		12,600		395,766
Ennis, Inc.		13,300		237,937
Fuel Tech, Inc.*		21,300	$	133,551
G&K Services, Inc., Class A		9,300		212,598
GEO Group, Inc.*		43,560		1,017,126
Healthcare Services Group, Inc.		25,200		574,308
Herman Miller, Inc.		34,000		669,120
HNI Corp.		29,300		842,668
Innerworkings, Inc.*		20,100		132,057
Interface, Inc., Class A		30,300		431,169
Kimball International, Inc., Class B		20,800		121,264
Knoll, Inc.		29,700		460,647
M&F Worldwide Corp.*		6,800		165,580
McGrath RentCorp		15,500		371,225
Metalico, Inc.*		40,900		156,647
Mine Safety Appliances Co.		18,800		509,480
Mobile Mini, Inc.*		22,500		345,150
Multi-Color Corp.		11,000		169,400
Rollins, Inc.		29,400		687,372
Schawk, Inc.		11,000		203,060
Standard Parking Corp.*		7,231		123,650
Standard Register Co.		18,300		53,436
Steelcase, Inc., Class A		47,800		398,174
Sykes Enterprises, Inc.*		24,228		329,016
Team, Inc.*		18,000		309,780
Tetra Tech, Inc.#*		38,900		815,733
U.S. Ecology, Inc.		12,200		195,200
UniFirst Corp.		9,400		415,010
United Stationers, Inc.*		15,245		815,760
Viad Corp.		9,800		189,532

				16,573,056

*Construction & Engineering* (*0.4%*)
Argan, Inc.*		12,000		112,200
Comfort Systems USA, Inc.		18,900		202,797
Dycom Industries, Inc.*		22,700		226,773
EMCOR Group, Inc.*		44,700		1,099,173
Furmanite Corp.*		68,700		335,256
Granite Construction, Inc.		21,800		495,732
Great Lakes Dredge & Dock Corp.		29,600		171,976
Insituform Technologies, Inc., Class A*		25,200		609,336
Layne Christensen Co.*		13,000		336,570
MasTec, Inc.*		34,900		360,168
Michael Baker Corp.*		4,800		158,208
MYR Group, Inc.*		11,500		188,485
Northwest Pipe Co.*		6,000		105,000
Orion Marine Group, Inc.*		17,100		212,211
Pike Electric Corp.*		20,700		150,696
Primoris Services Corp.		21,200		138,648
Sterling Construction Co., Inc.*		9,900		122,562
Tutor Perini Corp.*		17,200		345,548

				5,371,339

*Electrical Equipment* (*2.5%*)
A123 Systems, Inc.*		46,400		416,208
Acuity Brands, Inc.		27,400		1,212,176
Advanced Battery Technologies, Inc.*		41,200		147,908
American Superconductor Corp.*		30,000		933,000
AMETEK, Inc.		224,860		10,741,562
AZZ, Inc.		7,900		338,436
Baldor Electric Co.		312,060		12,607,224
Belden, Inc.		28,200		743,916
Brady Corp., Class A		33,300		971,361
Broadwind Energy, Inc.*		100,100		187,187
Capstone Turbine Corp.*		185,700		143,379
Encore Wire Corp.		12,200		250,222
Ener1, Inc.*		94,476		347,672

See Notes to Portfolio of Investments.

127

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
EnerSys*		31,300	$	781,561
Franklin Electric Co., Inc.		14,400		477,504
FuelCell Energy, Inc.*		66,623		81,946
Generac Holdings, Inc.*		13,700		186,868
GrafTech International Ltd.*		77,700		1,214,451
Hoku Corp.*		56,600		154,518
II-VI, Inc.*		16,000		597,280
LaBarge, Inc.*		10,800		134,892
LSI Industries, Inc.		16,200		104,004
Polypore International, Inc.*		14,123		425,950
Powell Industries, Inc.*		4,200		130,704
PowerSecure International, Inc.*		19,700		182,422
Preformed Line Products Co.		4,298		149,871
SatCon Technology Corp.*		74,500		280,120
UQM Technologies, Inc.*		49,200		125,952
Vicor Corp.		13,800		201,618
Woodward Governor Co.		40,400		1,309,768

				35,579,680

*Industrial Conglomerates* (*0.1%*)
Otter Tail Corp.		25,300		515,867
Raven Industries, Inc.		10,400		394,056
Seaboard Corp.		200		354,200
Standex International Corp.		6,900		166,911
Tredegar Corp.		19,800		375,804
United Capital Corp.*		5,000		121,650

				1,928,488

*Machinery* (*5.9%*)
3D Systems Corp.*		15,400		241,934
Actuant Corp., Class A		441,000		10,125,360
Alamo Group, Inc.		7,500		167,475
Albany International Corp., Class A		16,700		315,964
Altra Holdings, Inc.*		16,800		247,464
American Railcar Industries, Inc.*		14,700		230,496
Ampco-Pittsburgh Corp.		6,300		156,366
ArvinMeritor, Inc.*		59,900		930,846
Astec Industries, Inc.*		11,400		325,242
Badger Meter, Inc.		9,500		384,560
Barnes Group, Inc.		28,010		492,696
Blount International, Inc.*		30,600		389,538
Briggs & Stratton Corp.		29,100		553,191
Bucyrus International, Inc.		141,150		9,788,752
Cascade Corp.		5,300		168,540
Chart Industries, Inc.*		16,600		337,976
CIRCOR International, Inc.		10,900		344,440
CLARCOR, Inc.		33,200		1,282,516
Colfax Corp.*		16,300		242,381
Columbus McKinnon Corp.*		11,300		187,467
Commercial Vehicle Group, Inc.*		16,000		162,880
Douglas Dynamics, Inc.		16,600		205,010
Dynamic Materials Corp.		11,200		169,232
Energy Recovery, Inc.*		63,800		229,042
EnPro Industries, Inc.*		12,800		400,384
ESCO Technologies, Inc.		16,900		562,094
Federal Signal Corp.		41,200		222,068
Flow International Corp.*		4,300		11,309
Force Protection, Inc.*		44,300		223,272
FreightCar America, Inc.		7,300		179,580
Gorman-Rupp Co.		6,700		184,652
Graham Corp.		11,200		173,824
Greenbrier Cos., Inc.*		13,800		215,142
IDEX Corp.		242,160		8,599,101
John Bean Technologies Corp.		18,400		296,424
Joy Global, Inc.		146,390		10,294,145
Kadant, Inc.*		11,500		217,465
Kaydon Corp.		22,300	$	771,580
L.B. Foster Co., Class A*		5,100		147,594
Lincoln Electric Holdings, Inc.		170,900		9,881,438
Lindsay Corp.		8,200		355,224
Met-Pro Corp.		19,600		197,764
Middleby Corp.*		10,500		665,595
Miller Industries, Inc.		14,000		189,420
Mueller Industries, Inc.		26,000		688,740
Mueller Water Products, Inc., Class A		97,400		294,148
NACCO Industries, Inc., Class A		4,500		393,255
Nordson Corp.		22,800		1,680,132
Omega Flex, Inc.		13,700		195,636
PMFG, Inc.*		11,400		194,370
RBC Bearings, Inc.*		261,550		8,887,469
Robbins & Myers, Inc.		18,100		484,718
Sauer-Danfoss, Inc.*		13,000		276,770
Sun Hydraulics Corp.		8,000		225,520
Tecumseh Products Co., Class A*		14,800		169,756
Tennant Co.		10,500		324,450
Thermadyne Holdings Corp.*		16,400		231,732
Titan International, Inc.		22,800		309,396
Trimas Corp.*		19,300		286,605
Valmont Industries, Inc.		81,520		5,902,048
Wabash National Corp.*		37,700		304,993
Watts Water Technologies, Inc., Class A		19,092		650,083
Xerium Technologies, Inc.*		18,300		241,194

				83,208,458

*Marine* (*0.6%*)
American Commercial Lines, Inc.*		6,175		172,159
Baltic Trading Ltd.		18,100		199,281
Eagle Bulk Shipping, Inc.*		26,200		136,764
Excel Maritime Carriers Ltd.*		36,400		204,568
Genco Shipping & Trading Ltd.*		15,800		251,852
Horizon Lines, Inc., Class A		2,300		9,660
International Shipholding Corp.		4,900		138,376
Kirby Corp.*		167,080		6,693,225
Ultrapetrol Bahamas Ltd.*		38,400		246,528

				8,052,413

*Professional Services* (*1.2%*)
Acacia Research Corp. - Acacia Technologies*		21,400		376,640
Administaff, Inc.		14,100		379,713
Advisory Board Co.*		8,200		362,030
CBIZ, Inc.*		21,100		125,123
CDI Corp.		14,200		183,464
Corporate Executive Board Co.		22,800		719,568
CoStar Group, Inc.*		13,273		646,528
CRA International, Inc.*		7,200		129,960
Dolan Co.*		15,800		179,646
Exponent, Inc.*		6,900		231,771
GP Strategies Corp.*		6,400		58,176
Heidrick & Struggles International, Inc.		11,100		216,228
Hill International, Inc.*		26,800		120,064
Huron Consulting Group, Inc.*		13,200		290,268
ICF International, Inc.*		10,900		273,263
Kelly Services, Inc., Class A*		17,000		199,410
Kforce, Inc.*		656,560		9,008,003
Korn/Ferry International*		30,100		497,854
Mistras Group, Inc.*		16,000		185,280
Navigant Consulting, Inc.*		28,300		329,129
On Assignment, Inc.*		21,100		110,775
Resources Connection, Inc.		26,700		367,392

See Notes to Portfolio of Investments.

128

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
School Specialty, Inc.*		12,600	$	163,926
SFN Group, Inc.*		33,400		200,734
TrueBlue, Inc.*		28,300		386,295
Volt Information Sciences, Inc.*		19,000		136,800
VSE Corp.		5,800		204,566

				16,082,606

*Road & Rail* (*1.6%*)
Amerco, Inc.*		5,700		453,036
Arkansas Best Corp.		14,900		361,027
Avis Budget Group, Inc.*		68,100		793,365
Celadon Group, Inc.*		12,800		176,768
Dollar Thrifty Automotive Group, Inc.*		18,300		917,562
Genesee & Wyoming, Inc., Class A*		206,920		8,978,259
Heartland Express, Inc.		37,900		563,573
Knight Transportation, Inc.		421,140		8,140,636
Marten Transport Ltd.		9,700		224,846
Old Dominion Freight Line, Inc.*		27,900		709,218
P.A.M. Transportation Services, Inc.*		12,800		161,024
Patriot Transportation Holding, Inc.*		1,800		126,234
RailAmerica, Inc.*		14,261		137,334
Roadrunner Transportation Systems, Inc.*		13,600		147,424
Saia, Inc.*		9,800		146,314
Universal Truckload Services, Inc.*		11,100		173,826
USA Truck, Inc.*		11,300		169,274
Werner Enterprises, Inc.		24,800		508,152

				22,887,872

*Trading Companies & Distributors* (*1.0%*)
Aceto Corp.		33,500		227,465
Aircastle Ltd.		26,800		227,264
Applied Industrial Technologies, Inc.		28,300		865,980
Beacon Roofing Supply, Inc.*		26,700		389,019
CAI International, Inc.*		14,700		222,999
DXP Enterprises, Inc.*		12,200		231,556
H&E Equipment Services, Inc.*		16,000		127,520
Houston Wire & Cable Co.		13,700		137,411
Interline Brands, Inc.*		25,962		468,355
Kaman Corp.		16,500		432,465
Lawson Products, Inc.		5,900		90,093
MSC Industrial Direct Co., Class A		144,830		7,826,613
RSC Holdings, Inc.*		31,400		234,244
Rush Enterprises, Inc., Class A*		15,700		240,838
TAL International Group, Inc.		9,900		239,778
Textainer Group Holdings Ltd.		10,600		283,444
Titan Machinery, Inc.*		11,000		179,300
United Rentals, Inc.*		40,300		598,052
Watsco, Inc.		17,400		968,832

				13,991,228

Total Industrials				250,785,646

Information Technology (21.9%)
*Communications Equipment* (*4.0%*)
Acme Packet, Inc.*		29,700		1,126,818
ADC Telecommunications, Inc.*		64,700		819,749
ADTRAN, Inc.		324,870		11,467,911
Anaren, Inc.*		10,300		172,937
Arris Group, Inc.*		80,300		784,531
Aruba Networks, Inc.*		370,639		7,909,436
Aviat Networks, Inc.*		41,669		170,426
Bel Fuse, Inc., Class B		7,300		151,986
BigBand Networks, Inc.*		83,800		237,992
Black Box Corp.		11,400		365,484
Blue Coat Systems, Inc.*		26,400		635,184
Calix, Inc.*		17,300		248,428
Comtech Telecommunications Corp.*		18,500	$	505,975
DG FastChannel, Inc.*		15,700		341,475
Digi International, Inc.*		16,700		158,483
EMS Technologies, Inc.*		7,400		137,862
Emulex Corp.*		54,500		568,980
Extreme Networks, Inc.*		67,500		209,925
F5 Networks, Inc.*		37,160		3,857,580
Finisar Corp.*		48,100		903,799
Globecomm Systems, Inc.*		23,300		195,021
Harmonic, Inc.*		57,000		392,160
Hughes Communications, Inc.*		7,200		196,200
Infinera Corp.*		714,300		8,335,881
InterDigital, Inc.*		26,500		784,665
Ixia*		20,450		253,580
KVH Industries, Inc.*		15,500		232,655
Loral Space & Communications, Inc.*		6,800		354,960
Meru Networks, Inc.*		16,400		282,736
NETGEAR, Inc.*		23,000		621,230
Oclaro, Inc.*		31,600		505,916
Oplink Communications, Inc.*		15,200		301,568
Opnext, Inc.*		70,500		110,685
Plantronics, Inc.		31,600		1,067,448
Powerwave Technologies, Inc.*		122,200		222,404
Riverbed Technology, Inc.*		200,690		9,147,450
SeaChange International, Inc.*		16,900		125,229
ShoreTel, Inc.*		29,380		145,725
Sonus Networks, Inc.*		133,400		470,902
Sycamore Networks, Inc.		12,890		417,765
Symmetricom, Inc.*		27,500		157,300
Tekelec*		42,900		555,984
UTStarcom, Inc.*		75,300		163,401
ViaSat, Inc.*		22,300		916,753

				56,732,579

*Computers & Peripherals* (*0.4%*)
Avid Technology, Inc.*		14,200		186,162
Compellent Technologies, Inc.*		14,900		270,882
Cray, Inc.*		22,900		151,140
Electronics for Imaging, Inc.*		29,449		356,922
Hypercom Corp.*		41,500		269,750
Imation Corp.*		20,000		186,600
Immersion Corp.*		36,100		213,351
Intermec, Inc.*		36,100		442,586
Intevac, Inc.*		14,000		140,140
Isilon Systems, Inc.*		21,000		467,880
Netezza Corp.*		31,600		851,620
Novatel Wireless, Inc.*		24,500		193,060
Quantum Corp.*		133,200		282,384
Rimage Corp.*		11,600		190,704
Silicon Graphics International Corp.*		19,200		148,992
STEC, Inc.*		26,000		323,700
Stratasys, Inc.*		11,700		324,324
Super Micro Computer, Inc.*		15,300		158,967
Synaptics, Inc.*		22,500		633,150
Xyratex Ltd.*		19,300		286,412

				6,078,726

*Electronic Equipment, Instruments & Components* (*1.3%*)
Agilysys, Inc.*		16,300		105,950
Anixter International, Inc.*		19,500		1,052,805
Benchmark Electronics, Inc.*		48,500		795,400
Brightpoint, Inc.*		45,000		314,550
Checkpoint Systems, Inc.*		25,900		527,065
Cogent, Inc.*		35,600		378,784
Cognex Corp.		26,100		700,002
Coherent, Inc.*		15,300		612,153

See Notes to Portfolio of Investments.

129

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Comverge, Inc.*		14,200	$	111,612
CPI International, Inc.*		12,700		177,800
CTS Corp.		20,100		193,362
Daktronics, Inc.		24,300		238,626
DDi Corp.		24,200		223,608
DTS, Inc.*		11,600		442,772
Echelon Corp.*		21,700		185,535
Electro Rent Corp.		15,800		209,824
Electro Scientific Industries, Inc.*		16,600		184,426
FARO Technologies, Inc.*		13,195		287,783
ICx Technologies, Inc.*		24,700		186,485
Insight Enterprises, Inc.*		33,600		525,504
IPG Photonics Corp.*		19,000		458,660
Keithley Instruments, Inc.		9,700		208,647
L-1 Identity Solutions, Inc.*		47,700		559,521
Littelfuse, Inc.*		14,200		620,540
Maxwell Technologies, Inc.*		15,800		230,838
Measurement Specialties, Inc.*		11,900		219,912
Mercury Computer Systems, Inc.*		17,600		211,728
Methode Electronics, Inc.		20,900		189,772
Microvision, Inc.*		68,100		149,139
MTS Systems Corp.		8,300		257,300
Multi-Fineline Electronix, Inc.*		7,050		155,029
Newport Corp.*		29,600		335,664
OSI Systems, Inc.*		11,000		399,520
Park Electrochemical Corp.		13,200		347,688
PC Connection, Inc.*		22,600		154,358
Plexus Corp.*		25,895		760,018
Power-One, Inc.*		48,800		443,592
RadiSys Corp.*		19,200		180,864
Richardson Electronics Ltd.		21,000		220,500
Rofin-Sinar Technologies, Inc.*		19,200		487,296
Rogers Corp.*		8,400		264,432
Sanmina-SCI Corp.*		50,800		613,664
Scansource, Inc.*		16,900		468,806
SMART Modular Technologies (WWH), Inc.*		30,100		181,503
Spectrum Control, Inc.*		12,900		189,888
SYNNEX Corp.*		12,900		363,006
Technitrol, Inc.		26,400		116,424
TTM Technologies, Inc.*		50,711		496,461
Universal Display Corp.*		17,700		415,950
Viasystems Group, Inc.*		11,400		173,280
X-Rite, Inc.*		55,600		210,724

				17,538,770

*Internet Software & Services* (*1.7%*)
Ancestry.com, Inc.*		10,900		248,084
Archipelago Learning, Inc.*		13,800		165,186
Art Technology Group, Inc.*		83,700		345,681
comScore, Inc.*		13,100		308,112
Constant Contact, Inc.*		16,000		342,880
DealerTrack Holdings, Inc.*		553,410		9,452,243
Dice Holdings, Inc.*		22,500		190,800
Digital River, Inc.*		24,100		820,364
DivX, Inc.*		18,700		178,211
EarthLink, Inc.		75,000		681,750
GSI Commerce, Inc.*		45,000		1,111,500
InfoSpace, Inc.*		17,200		148,952
Internap Network Services Corp.*		37,000		181,670
Internet Brands, Inc., Class A*		16,700		221,776
Internet Capital Group, Inc.*		22,000		242,660
j2 Global Communications, Inc.*		28,500		678,015
Keynote Systems, Inc.		11,900		138,278
KIT Digital, Inc.*		19,000		227,810
Knot, Inc.*		22,000		200,860
Limelight Networks, Inc.*		32,900	$	193,452
Liquidity Services, Inc.*		20,500		328,205
LivePerson, Inc.*		27,000		226,800
LogMeIn, Inc.*		9,500		341,810
LoopNet, Inc.*		16,500		195,360
Marchex, Inc., Class B		25,200		137,340
ModusLink Global Solutions, Inc.*		27,100		172,085
Move, Inc.*		97,100		216,533
NIC, Inc.		34,595		286,793
OpenTable, Inc.*		10,100		687,608
Openwave Systems, Inc.*		69,800		118,660
Perficient, Inc.*		19,100		174,574
QuinStreet, Inc.*		12,700		190,881
Rackspace Hosting, Inc.*		61,975		1,610,110
RealNetworks, Inc.*		64,600		210,596
SAVVIS, Inc.*		24,400		514,352
Stamps.com, Inc.*		11,900		154,700
support.com, Inc.*		33,800		154,804
TechTarget, Inc.*		29,000		152,250
Terremark Worldwide, Inc.*		29,800		308,132
Travelzoo, Inc.*		11,900		306,544
United Online, Inc.		50,400		288,288
ValueClick, Inc.*		52,500		686,700
Vocus, Inc.*		11,000		203,280

				23,744,689

*IT Services* (*2.0%*)
Acxiom Corp.*		40,300		639,158
CACI International, Inc., Class A*		19,600		887,096
Camelot Information Systems, Inc. (ADR)*		311,970		5,481,313
Cass Information Systems, Inc.		4,100		140,671
CIBER, Inc.*		100,600		302,806
CSG Systems International, Inc.*		22,600		411,998
Diamond Management & Technology Consultants, Inc.		19,500		243,750
Echo Global Logistics, Inc.*		14,500		185,165
Euronet Worldwide, Inc.*		30,640		551,214
ExlService Holdings, Inc.*		10,400		202,280
Forrester Research, Inc.*		10,500		347,340
Global Cash Access Holdings, Inc.*		38,792		158,271
Hackett Group, Inc.*		42,200		174,286
Heartland Payment Systems, Inc.		19,500		296,790
iGATE Corp.		15,100		273,914
Lionbridge Technologies, Inc.*		36,300		156,090
ManTech International Corp., Class A*		14,700		582,120
MAXIMUS, Inc.		11,730		722,333
MoneyGram International, Inc.*		76,800		187,392
NCI, Inc., Class A*		6,700		126,764
Online Resources Corp.*		26,500		117,660
RightNow Technologies, Inc.*		19,500		384,150
Sapient Corp.		66,900		800,793
SRA International, Inc., Class A*		25,800		508,776
Stream Global Services, Inc.*		30,500		123,525
Syntel, Inc.		8,550		380,475
TeleTech Holdings, Inc.*		18,400		273,056
Tier Technologies, Inc.*		19,500		108,030
TNS, Inc.*		13,700		232,215
Unisys Corp.*		27,589		769,733
VeriFone Systems, Inc.*		343,578		10,674,969
Virtusa Corp.*		15,200		147,288
Wright Express Corp.*		26,000		928,460

				27,519,881

See Notes to Portfolio of Investments.

130

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Semiconductors & Semiconductor Equipment* (*4.7%*)
Actel Corp.*		11,900	$	189,805
Advanced Analogic Technologies, Inc.*		33,400		117,234
Advanced Energy Industries, Inc.*		24,400		318,664
Alpha & Omega Semiconductor Ltd.*		13,000		147,680
Amkor Technology, Inc.*		73,200		480,924
ANADIGICS, Inc.*		40,000		243,600
Applied Micro Circuits Corp.*		42,100		421,000
Atheros Communications, Inc.*		239,910		6,321,628
ATMI, Inc.*		20,400		303,144
Axcelis Technologies, Inc.*		119,100		229,863
Brooks Automation, Inc.*		40,700		273,097
Cabot Microelectronics Corp.*		14,100		453,738
Cavium Networks, Inc.*		28,400		816,784
CEVA, Inc.*		16,600		237,380
Cirrus Logic, Inc.*		41,500		740,360
Cohu, Inc.		12,200		153,598
Conexant Systems, Inc.*		86,300		141,532
Cymer, Inc.*		18,400		682,272
Diodes, Inc.*		21,300		364,017
DSP Group, Inc.*		17,400		121,800
Energy Conversion Devices, Inc.*		29,400		147,588
Entegris, Inc.*		88,900		415,163
Entropic Communications, Inc.*		35,300		338,880
Evergreen Solar, Inc.*		364,000		267,176
Exar Corp.*		23,600		141,364
Fairchild Semiconductor International, Inc.*		640,420		6,019,948
FEI Co.*		22,100		432,497
FormFactor, Inc.*		33,700		289,820
FSI International, Inc.*		49,400		131,404
GSI Technology, Inc.*		32,000		183,360
GT Solar International, Inc.*		41,778		349,682
Hittite Microwave Corp.*		121,380		5,783,757
Integrated Device Technology, Inc.*		103,800		607,230
Integrated Silicon Solution, Inc.*		21,100		181,671
IXYS Corp.*		21,400		204,370
Kopin Corp.*		54,100		192,055
Kulicke & Soffa Industries, Inc.*		41,400		256,266
Lattice Semiconductor Corp.*		68,400		324,900
LTX-Credence Corp.*		93,900		196,251
Mattson Technology, Inc.*		49,900		137,225
MaxLinear, Inc., Class A*		12,500		140,250
Micrel, Inc.		32,500		320,450
Microsemi Corp.*		56,300		965,545
Mindspeed Technologies, Inc.*		22,800		177,156
MIPS Technologies, Inc.*		43,700		425,201
MKS Instruments, Inc.*		29,200		525,016
Monolithic Power Systems, Inc.*		22,700		370,691
Nanometrics, Inc.*		17,800		267,890
Netlogic Microsystems, Inc.*		239,676		6,610,264
NVE Corp.*		3,300		141,999
OmniVision Technologies, Inc.*		33,200		764,928
ON Semiconductor Corp.*		732,140		5,278,729
Pericom Semiconductor Corp.*		16,800		145,992
Photronics, Inc.*		42,100		222,709
PLX Technology, Inc.*		27,200		98,464
Power Integrations, Inc.		17,900		569,041
RF Micro Devices, Inc.*		172,000		1,056,080
Rubicon Technology, Inc.*		7,900		179,251
Rudolph Technologies, Inc.*		23,100		191,961
Semtech Corp.*		41,300		833,847
Sigma Designs, Inc.*		17,200		197,628
Silicon Image, Inc.*		44,300		211,754
Skyworks Solutions, Inc.*		279,290	$	5,775,717
Spansion, Inc., Class A*		11,400		170,658
Standard Microsystems Corp.*		14,600		333,026
Supertex, Inc.*		6,692		148,027
Teradyne, Inc.*		659,290		7,344,491
Tessera Technologies, Inc.*		32,600		603,100
Trident Microsystems, Inc.*		125,400		214,434
TriQuint Semiconductor, Inc.*		105,200		1,009,920
Ultra Clean Holdings, Inc.*		22,500		193,950
Ultratech, Inc.*		11,000		188,100
Veeco Instruments, Inc.*		27,188		948,046
Volterra Semiconductor Corp.*		14,800		318,496
Zoran Corp.*		33,400		255,176

				66,556,714

*Software* (*7.8%*)
ACI Worldwide, Inc.*		24,200		541,838
Actuate Corp.*		30,300		156,045
Advent Software, Inc.*		10,500		547,995
American Software, Inc., Class A		27,600		162,840
ArcSight, Inc.*		14,500		631,620
Ariba, Inc.*		57,300		1,082,970
Aspen Technology, Inc.*		497,520		5,159,282
Blackbaud, Inc.		28,900		694,756
Blackboard, Inc.*		20,700		746,028
Bottomline Technologies, Inc.*		17,700		271,872
CDC Corp., Class A*		29,400		124,362
CommVault Systems, Inc.*		28,200		734,046
Concur Technologies, Inc.*		201,790		9,976,498
Deltek, Inc.*		23,700		189,837
DemandTec, Inc.*		40,300		379,223
Ebix, Inc.*		18,009		422,311
Epicor Software Corp.*		34,700		301,890
EPIQ Systems, Inc.		20,700		253,782
Fair Isaac Corp.		28,400		700,344
FalconStor Software, Inc.*		35,800		109,548
Fortinet, Inc.*		426,506		10,662,650
Informatica Corp.*		253,010		9,718,114
Interactive Intelligence, Inc.*		9,800		172,480
Jack Henry & Associates, Inc.		56,100		1,430,550
JDA Software Group, Inc.*		26,627		675,261
Kenexa Corp.*		16,500		289,080
Lawson Software, Inc.*		92,100		780,087
Magma Design Automation, Inc.*		60,900		225,330
Manhattan Associates, Inc.*		14,900		437,315
Mentor Graphics Corp.*		70,500		745,185
MICROS Systems, Inc.*		250,910		10,621,020
MicroStrategy, Inc., Class A*		5,900		510,999
Monotype Imaging Holdings, Inc.*		18,000		164,700
NetScout Systems, Inc.*		19,100		391,741
NetSuite, Inc.*		13,000		306,410
Opnet Technologies, Inc.		8,900		161,535
Parametric Technology Corp.*		77,600		1,516,304
Pegasystems, Inc.		12,700		394,335
Progress Software Corp.*		29,100		963,210
PROS Holdings, Inc.*		20,200		187,456
QAD, Inc.*		21,977		91,424
QLIK Technologies, Inc.*		8,310		183,236
Quest Software, Inc.*		43,931		1,080,263
Radiant Systems, Inc.*		546,515		9,345,406
Renaissance Learning, Inc.		14,256		145,269
Rosetta Stone, Inc.*		5,800		123,192
S1 Corp.*		35,400		184,434
Smith Micro Software, Inc.*		22,800		226,632
SolarWinds, Inc.*		22,300		384,898
Sonic Solutions, Inc.*		22,800		259,464

See Notes to Portfolio of Investments.

131

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Sourcefire, Inc.*		18,200	$	524,888
SS&C Technologies Holdings, Inc.*		11,600		183,280
SuccessFactors, Inc.*		380,009		9,542,026
Synchronoss Technologies, Inc.*		14,300		254,683
Take-Two Interactive Software, Inc.*		46,600		472,524
Taleo Corp., Class A*		282,260		8,182,717
TeleCommunication Systems, Inc., Class A*		25,900		101,269
TeleNav, Inc.*		22,800		120,612
THQ, Inc.*		47,478		190,862
TIBCO Software, Inc.*		607,790		10,782,195
TiVo, Inc.*		70,000		634,200
Tyler Technologies, Inc.*		24,100		485,856
Ultimate Software Group, Inc.*		16,000		618,240
Unica Corp.*		19,000		398,620
VASCO Data Security International, Inc.*		20,900		135,850
VirnetX Holding Corp.		31,200		458,016
Wave Systems Corp., Class A*		57,000		127,680
Websense, Inc.*		28,200		500,268

				109,278,853

Total Information Technology				307,450,212

Materials (3.6%)
*Chemicals* (*1.8%*)
A. Schulman, Inc.		18,100		364,715
American Vanguard Corp.		48,537		299,958
Arch Chemicals, Inc.		16,000		561,440
Balchem Corp.		17,700		546,222
Calgon Carbon Corp.*		36,300		526,350
Ferro Corp.*		55,554		716,091
Georgia Gulf Corp.*		21,600		352,944
H.B. Fuller Co.		29,200		580,204
Hawkins, Inc.		6,600		233,772
Innophos Holdings, Inc.		14,100		466,710
KMG Chemicals, Inc.		13,000		183,170
Koppers Holdings, Inc.		13,500		362,745
Kraton Performance Polymers, Inc.*		9,600		260,640
Landec Corp.*		31,300		194,373
LSB Industries, Inc.*		11,500		213,555
Minerals Technologies, Inc.		11,300		665,796
NewMarket Corp.		6,400		727,552
NL Industries, Inc.		23,211		210,756
Olin Corp.		51,200		1,032,192
OM Group, Inc.*		18,400		554,208
Omnova Solutions, Inc.*		27,800		199,882
PolyOne Corp.*		61,000		737,490
Quaker Chemical Corp.		7,000		227,920
Rockwood Holdings, Inc.*		33,000		1,038,510
Sensient Technologies Corp.		31,600		963,484
Solutia, Inc.*		656,890		10,523,378
Spartech Corp.*		23,400		192,114
Stepan Co.		4,200		248,262
STR Holdings, Inc.*		18,100		389,874
TPC Group, Inc.*		11,500		273,930
W.R. Grace & Co.*		47,600		1,329,944
Westlake Chemical Corp.		13,100		392,083
Zep, Inc.		11,600		202,304
Zoltek Cos., Inc.*		17,300		168,156

				25,940,724

*Construction Materials (0.0%*)
Headwaters, Inc.*		35,800		128,880
Texas Industries, Inc.		15,300		482,256
United States Lime & Minerals, Inc.*		3,600		139,176

				750,312

*Containers & Packaging (0.3%*)
AEP Industries, Inc.*		7,412	$	175,071
Boise, Inc.*		46,900		304,381
Graham Packaging Co., Inc.*		15,300		180,846
Graphic Packaging Holding Co.*		93,878		313,553
Myers Industries, Inc.		19,600		168,364
Rock-Tenn Co., Class A		25,700		1,280,117
Silgan Holdings, Inc.		35,800		1,134,860

				3,557,192

*Metals & Mining (1.2%)*
A.M. Castle & Co.*		12,900		170,925
Allied Nevada Gold Corp.*		50,100		1,327,650
AMCOL International Corp.		18,000		471,420
Brush Engineered Materials, Inc.*		11,100		315,684
Capital Gold Corp.*		48,600		234,738
Century Aluminum Co.*		40,700		536,019
Coeur d’Alene Mines Corp.*		55,670		1,108,946
General Moly, Inc.*		59,200		216,672
Globe Specialty Metals, Inc.*		39,200		550,368
Golden Star Resources Ltd.*		164,800		814,112
Haynes International, Inc.		7,000		244,440
Hecla Mining Co.*		162,400		1,026,368
Horsehead Holding Corp.*		22,700		224,049
Jaguar Mining, Inc.*		53,700		349,050
Kaiser Aluminum Corp.		10,200		436,458
Metals USA Holdings Corp.*		12,300		159,654
Molycorp, Inc.*		168,950		4,779,596
Noranda Aluminum Holding Corp.*		24,300		199,746
Olympic Steel, Inc.		6,900		158,631
RTI International Metals, Inc.*		19,000		581,780
Stillwater Mining Co.*		33,575		565,403
Thompson Creek Metals Co., Inc.*		89,400		963,732
U.S. Energy Corp. Wyoming*		38,700		175,698
U.S. Gold Corp.*		50,500		250,985
Universal Stainless & Alloy Products, Inc.*		8,700		213,672
Worthington Industries, Inc.		41,799		628,239

				16,704,035

*Paper & Forest Products* (*0.3%*)
Buckeye Technologies, Inc.		26,200		385,402
Clearwater Paper Corp.*		7,014		533,625
Deltic Timber Corp.		7,100		318,080
KapStone Paper and Packaging Corp.*		23,800		288,932
Louisiana-Pacific Corp.*		79,600		602,572
Neenah Paper, Inc.		9,400		142,880
P.H. Glatfelter Co.		29,400		357,504
Schweitzer-Mauduit International, Inc.		11,400		664,734
Verso Paper Corp.*		65,800		189,504
Wausau Paper Corp.*		29,100		241,239

				3,724,472

Total Materials				50,676,735

Telecommunication Services (0.5%)
*Diversified Telecommunication Services (0.3%*)
AboveNet, Inc.*		14,400		750,096
Alaska Communications Systems Group, Inc.		20,400		207,060
Atlantic Tele-Network, Inc.		8,300		408,692
Cbeyond, Inc.*		11,300		144,979
Cincinnati Bell, Inc.*		152,000		405,840
Cogent Communications Group, Inc.*		22,400		212,128
Consolidated Communications Holdings, Inc.		14,700		274,449

See Notes to Portfolio of Investments.

132

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
General Communication, Inc., Class A*		31,200	$	311,064
Global Crossing Ltd.*		22,650		291,279
Globalstar, Inc.*		112,300		195,402
IDT Corp., Class B*		12,200		217,038
Iridium Communications, Inc.*		21,800		186,172
Neutral Tandem, Inc.*		21,950		262,302
PAETEC Holding Corp.*		91,196		374,816
Premiere Global Services, Inc.*		34,199		242,129
Vonage Holdings Corp.*		78,500		200,175

				4,683,621

*Wireless Telecommunication Services* (*0.2%*)
FiberTower Corp.*		42,400		179,776
ICO Global Communications Holdings Ltd.*		128,800		211,232
NTELOS Holdings Corp.		18,000		304,560
Shenandoah Telecommunications Co.		13,764		250,092
Syniverse Holdings, Inc.*		45,800		1,038,286
USA Mobility, Inc.		12,643		202,667

				2,186,613

Total Telecommunication Services				6,870,234

Utilities (1.6%)
*Electric Utilities (0.6%*)
Allete, Inc.		20,200		735,886
Central Vermont Public Service Corp.		10,000		201,700
Cleco Corp.		39,700		1,175,914
El Paso Electric Co.*		27,100		644,438
Empire District Electric Co.		24,525		494,179
IDACORP, Inc.		35,300		1,267,976
MGE Energy, Inc.		15,400		609,686
PNM Resources, Inc.		58,000		660,620
Portland General Electric Co.		49,600		1,005,888
UIL Holdings Corp.		34,050		958,848
UniSource Energy Corp.		22,600		755,518
Unitil Corp.		7,300		160,235

				8,670,888

*Gas Utilities (0.6%)*
Chesapeake Utilities Corp.		4,560		165,163
Laclede Group, Inc.		14,800		509,416
New Jersey Resources Corp.		27,000		1,058,940
Nicor, Inc.		28,900		1,324,198
Northwest Natural Gas Co.		17,300		820,885
Piedmont Natural Gas Co., Inc.#		48,400		1,403,600
South Jersey Industries, Inc.		19,900		984,453
Southwest Gas Corp.		29,900		1,004,341
WGL Holdings, Inc.		37,000		1,397,860

				8,668,856

*Independent Power Producers & Energy Traders (0.0%*)
American DG Energy, Inc.*		71,300		212,474
Dynegy, Inc.*		65,500		318,985

				531,459

*Multi-Utilities (0.2%*)
Avista Corp.		35,900		749,592
Black Hills Corp.		26,000		811,200
CH Energy Group, Inc.		10,900		481,344
NorthWestern Corp.		24,091		686,594

				2,728,730

*Water Utilities (0.2%*)
American States Water Co.		10,300		368,534
Artesian Resources Corp., Class A		10,300		196,421
Cadiz, Inc.*		12,500		128,250
California Water Service Group		12,900		476,655
Connecticut Water Service, Inc.		9,000		215,550
Consolidated Water Co., Ltd.		16,700	$	158,316
Middlesex Water Co.		11,700		197,028
SJW Corp.		6,100		150,243
York Water Co.		10,300		165,109

				2,056,106

Total Utilities				22,656,039

Total Common Stocks (99.0%) (Cost $1,061,290,433)				1,388,587,026

INVESTMENT COMPANIES:
*Investment Companies(0.1%)*
Kayne Anderson Energy Development Co.		6,429		103,185
THL Credit, Inc.		16,100		189,658

Total Investment Companies (0.1%) (Cost $268,210)				292,843


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (1.8%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $25,716,714)	$	25,716,714		25,716,714

Total Investments (100.9%) (Cost/Amortized Cost $1,087,275,357)				1,414,596,583
Other Assets Less Liabilities (-0.9%)				(12,193,537	)

Net Assets (100%)			$	1,402,403,046

*	Non-income producing.

#	All, or a portion of security held by broker as collateral for financial futures contracts, with a total collateral value of $968,473.

See Notes to Portfolio of Investments.

133

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchase
Russell 2000 Mini Index		44		December-10	$	2,885,742	$	2,967,800	$	82,058

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	244,494,596	$	—	$	—	$	244,494,596
Consumer Staples		29,774,842		—		—		29,774,842
Energy		73,098,109		—		—		73,098,109
Financials		187,596,358		—		—		187,596,358
Health Care		215,184,255		—		—		215,184,255
Industrials		250,785,646		—		—		250,785,646
Information Technology		307,450,212		—		—		307,450,212
Materials		50,676,735		—		—		50,676,735
Telecommunication Services		6,870,234		—		—		6,870,234
Utilities		22,656,039		—		—		22,656,039
Futures		82,058		—		—		82,058
Investment Companies
Investment Companies		292,843		—		—		292,843
Short-Term Investments		—		25,716,714		—		25,716,714

Total Assets	$	1,388,961,927	$	25,716,714	$	—	$	1,414,678,641

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	1,388,961,927	$	25,716,714	$	—	$	1,414,678,641

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities-Financials
Balance as of 12/31/09	$	805
Total gains or losses (realized/unrealized) included in earnings		(805	)
Purchases, sales, issuances, and settlements (net)		—
Transfers into Level 3		—
Transfers out of Level 3		—

Balance as of 9/30/10	$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	—

See Notes to Portfolio of Investments.

134

EQ ADVISORS TRUST

EQ/ALLIANCEBERNSTEIN SMALL CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	559,663,125
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	552,124,761

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	360,916,387
Aggregate gross unrealized depreciation		(59,457,214	)

Net unrealized appreciation	$	301,459,173

Federal income tax cost of investments	$	1,113,137,410

See Notes to Portfolio of Investments.

135

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (14.0%)
*Auto Components* (*1.9%*)
American Axle & Manufacturing Holdings, Inc.*		5,930	$	53,489
Amerigon, Inc.*		1,850		19,055
Autoliv, Inc.		54,500		3,560,485
Cooper Tire & Rubber Co.		6,436		126,339
Dana Holding Corp.*		14,599		179,860
Dorman Products, Inc.*		1,194		36,799
Drew Industries, Inc.*		15,154		316,112
Exide Technologies, Inc.*		7,586		36,337
Fuel Systems Solutions, Inc.*		1,496		58,508
Gentex Corp.		123,250		2,404,607
Hawk Corp., Class A*		558		24,145
Modine Manufacturing Co.*		4,700		60,959
Spartan Motors, Inc.		2,966		13,762
Standard Motor Products, Inc.		2,400		25,272
Stoneridge, Inc.*		1,970		20,705
Superior Industries International, Inc.		2,070		35,770
Tenneco, Inc.*		6,292		182,279

				7,154,483

*Automobiles* (*1.4%*)
Thor Industries, Inc.		130,000		4,342,000
Winnebago Industries, Inc.*		63,488		661,545

				5,003,545

*Distributors* (*0.0%*)
Audiovox Corp., Class A*		1,928		13,187
Core-Mark Holding Co., Inc.*		1,009		31,239

				44,426

*Diversified Consumer Services* (*1.0%*)
American Public Education, Inc.*		1,874		61,580
Bridgepoint Education, Inc.*		2,006		31,013
Cambium Learning Group, Inc.*		1,244		3,981
Capella Education Co.*		1,732		134,438
Coinstar, Inc.*		3,287		141,308
Corinthian Colleges, Inc.*		9,027		63,370
CPI Corp.		620		16,046
Grand Canyon Education, Inc.*		3,206		70,308
Hillenbrand, Inc.		45,800		985,158
K12, Inc.*		2,690		78,091
Learning Tree International, Inc.		645		6,527
Lincoln Educational Services Corp.*		1,600		23,056
Mac-Gray Corp.		1,600		19,408
Matthews International Corp., Class A		3,200		113,152
Pre-Paid Legal Services, Inc.*		752		46,992
Princeton Review, Inc.*		910		1,856
Regis Corp.		81,410		1,557,373
Sotheby’s, Inc.		7,055		259,765
Steiner Leisure Ltd.*		1,450		55,245
Stewart Enterprises, Inc., Class A		7,810		42,096
Universal Technical Institute, Inc.		2,250		43,987

				3,754,750

*Hotels, Restaurants & Leisure* (*0.7%*)
AFC Enterprises, Inc.*		2,735		33,914
Ambassadors Group, Inc.		2,016		22,861
Ameristar Casinos, Inc.		2,940		51,303
Biglari Holdings, Inc.*		146		47,983
BJ’s Restaurants, Inc.*		2,283		64,289
Bluegreen Corp.*		840		2,344
Bob Evans Farms, Inc.		3,214		90,217
Boyd Gaming Corp.*		5,548		40,223
Buffalo Wild Wings, Inc.*		1,800		86,202
California Pizza Kitchen, Inc.*		1,755	$	29,940
Caribou Coffee Co., Inc.*		783		8,143
Carrols Restaurant Group, Inc.*		1,391		7,372
CEC Entertainment, Inc.*		2,161		74,187
Cheesecake Factory, Inc.*		6,361		168,376
Churchill Downs, Inc.		1,295		46,257
Cracker Barrel Old Country Store, Inc.		2,456		124,667
Denny’s Corp.*		11,250		34,988
DineEquity, Inc.*		1,855		83,438
Domino’s Pizza, Inc.*		3,865		51,095
Einstein Noah Restaurant Group, Inc.*		770		8,162
Gaylord Entertainment Co.*		3,632		110,776
Interval Leisure Group, Inc.*		4,223		56,884
Isle of Capri Casinos, Inc.*		1,721		12,322
Jack in the Box, Inc.*		5,760		123,494
Jamba, Inc.*		5,981		13,098
Krispy Kreme Doughnuts, Inc.*		7,370		33,755
Landry’s Restaurants, Inc.*		774		18,955
Life Time Fitness, Inc.*		4,390		173,273
Marcus Corp.		2,590		30,692
McCormick & Schmick’s Seafood Restaurants, Inc.*		1,664		12,946
Monarch Casino & Resort, Inc.*		1,240		13,900
Morgans Hotel Group Co.*		2,565		18,776
Multimedia Games, Inc.*		3,055		11,303
O’Charleys, Inc.*		2,104		15,128
Orient-Express Hotels Ltd., Class A*		9,452		105,390
P.F. Chang’s China Bistro, Inc.		2,333		107,785
Papa John’s International, Inc.*		2,214		58,405
Peet’s Coffee & Tea, Inc.*		1,203		41,179
Pinnacle Entertainment, Inc.*		6,110		68,127
Red Lion Hotels Corp.*		800		5,952
Red Robin Gourmet Burgers, Inc.*		1,455		28,533
Ruby Tuesday, Inc.*		6,720		79,766
Ruth’s Hospitality Group, Inc.*		3,269		13,109
Scientific Games Corp., Class A*		6,691		64,903
Shuffle Master, Inc.*		5,250		44,152
Sonic Corp.*		6,803		54,968
Speedway Motorsports, Inc.		1,238		19,412
Texas Roadhouse, Inc.*		5,849		82,237
Vail Resorts, Inc.*		3,728		139,875

				2,635,056

*Household Durables* (*1.6%*)
American Greetings Corp., Class A		3,980		73,988
Bassett Furniture Industries, Inc.*		1,000		4,930
Beazer Homes USA, Inc.*		7,662		31,644
Blyth, Inc.		632		26,064
Brookfield Homes Corp.*		1,440		11,794
Cavco Industries, Inc.*		661		23,737
CSS Industries, Inc.		687		11,878
D.R. Horton, Inc.		72,700		808,424
Ethan Allen Interiors, Inc.		32,806		572,793
Furniture Brands International, Inc.*		4,900		26,362
Helen of Troy Ltd.*		3,186		80,574
Hooker Furniture Corp.		74,744		869,273
Hovnanian Enterprises, Inc., Class A*		4,980		19,571
iRobot Corp.*		2,320		43,082
Kid Brands, Inc.*		1,093		9,400
La-Z-Boy, Inc.*		142,460		1,202,362
Libbey, Inc.*		1,624		21,388
Lifetime Brands, Inc.*		848		12,805
M.D.C. Holdings, Inc.		34,950		1,014,598

See Notes to Portfolio of Investments.

136

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
M/I Homes, Inc.*		61,330	$	635,992
Meritage Homes Corp.*		3,490		68,474
National Presto Industries, Inc.		477		50,786
Ryland Group, Inc.		4,856		87,020
Sealy Corp.*		5,780		14,103
Skyline Corp.		890		18,031
Standard Pacific Corp.*		10,610		42,122
Universal Electronics, Inc.*		1,660		34,611

				5,815,806

*Internet & Catalog Retail (0.1%*)
1-800-FLOWERS.COM, Inc., Class A*		1,390		2,627
Blue Nile, Inc.*		1,250		55,613
Drugstore.Com, Inc.*		10,970		21,062
Gaiam, Inc., Class A		2,130		14,250
HSN, Inc.*		4,100		122,590
NutriSystem, Inc.		2,789		53,660
Orbitz Worldwide, Inc.*		2,362		14,881
Overstock.com, Inc.*		1,500		23,580
PetMed Express, Inc.		2,247		39,323
Shutterfly, Inc.*		2,788		72,460
U.S. Auto Parts Network, Inc.*		1,302		10,676
Vitacost.com, Inc.*		1,421		8,540

				439,262

*Leisure Equipment & Products (0.6%*)
Arctic Cat, Inc.*		1,052		10,783
Brunswick Corp.		89,932		1,368,765
Callaway Golf Co.		7,410		51,870
Eastman Kodak Co.*		28,067		117,881
JAKKS Pacific, Inc.*		2,946		51,967
Leapfrog Enterprises, Inc.*		4,300		23,564
Marine Products Corp.*		1,660		10,192
Polaris Industries, Inc.		3,250		211,575
Pool Corp.		5,055		101,454
RC2 Corp.*		2,320		48,604
Smith & Wesson Holding Corp.*		6,353		22,617
Steinway Musical Instruments, Inc.*		617		10,625
Sturm Ruger & Co., Inc.		2,020		27,553
Summer Infant, Inc.*		910		7,116

				2,064,566

*Media (0.4%*)
AH Belo Corp., Class A*		1,719		12,153
Arbitron, Inc.		2,914		81,505
Ascent Media Corp., Class A*		1,700		45,407
Ballantyne Strong, Inc.*		1,350		11,677
Belo Corp., Class A*		9,713		60,221
Carmike Cinemas, Inc.*		900		7,848
Cinemark Holdings, Inc.		5,895		94,910
CKX, Inc.*		5,804		28,440
Crown Media Holdings, Inc., Class A*		1,900		4,541
Cumulus Media, Inc., Class A*		2,087		5,864
Dex One Corp.*		5,146		63,193
Entercom Communications Corp., Class A*		2,360		18,550
Entravision Communications Corp., Class A*		4,774		9,500
EW Scripps Co., Class A*		3,619		28,518
Fisher Communications, Inc.*		665		11,591
Global Sources Ltd.*		2,840		21,442
Gray Television, Inc.*		4,856		9,761
Harte-Hanks, Inc.		4,410		51,465
Journal Communications, Inc., Class A*		4,614		20,809
Knology, Inc.*		3,520		47,274
Lee Enterprises, Inc.*		4,329	$	11,602
LIN TV Corp., Class A*		3,082		13,684
Lions Gate Entertainment Corp.*		6,990		51,376
Live Nation Entertainment, Inc.*		15,075		148,941
LodgeNet Interactive Corp.*		2,912		8,154
Martha Stewart Living Omnimedia, Inc., Class A*		2,260		10,712
McClatchy Co., Class A*		6,133		24,103
Media General, Inc., Class A*		2,167		19,416
Mediacom Communications Corp., Class A*		4,179		27,623
National CineMedia, Inc.		4,448		79,619
Nexstar Broadcasting Group, Inc., Class A*		1,066		5,490
Outdoor Channel Holdings, Inc.*		2,200		12,166
Playboy Enterprises, Inc., Class B*		1,410		7,247
PRIMEDIA, Inc.		2,790		10,602
Radio One, Inc., Class D*		2,961		2,606
Rentrak Corp.*		998		25,219
Scholastic Corp.		3,031		84,322
Sinclair Broadcast Group, Inc., Class A*		4,751		33,352
SuperMedia, Inc.*		1,318		13,931
Valassis Communications, Inc.*		5,210		176,567
Value Line, Inc.		40		555
Warner Music Group Corp.*		4,168		18,756
World Wrestling Entertainment, Inc., Class A		2,702		37,585

				1,458,297

*Multiline Retail (1.5%*)
99 Cents Only Stores*		4,857		91,700
Bon-Ton Stores, Inc.*		1,108		11,268
Dillard’s, Inc., Class A		4,848		114,607
Fred’s, Inc., Class A		139,090		1,641,262
J.C. Penney Co., Inc.		90,000		2,446,200
Retail Ventures, Inc.*		2,428		26,125
Saks, Inc.*		104,192		896,051
Tuesday Morning Corp.*		52,950		252,572

				5,479,785

*Specialty Retail (3.7%*)
America’s Car-Mart, Inc.*		1,068		26,892
AnnTaylor Stores Corp.*		6,140		124,274
Asbury Automotive Group, Inc.*		3,060		43,054
Barnes & Noble, Inc.		3,968		64,321
bebe stores, Inc.		3,179		22,921
Big 5 Sporting Goods Corp.		2,020		27,108
Books-A-Million, Inc.		1,300		7,800
Borders Group, Inc.*		3,428		4,079
Brown Shoe Co., Inc.		109,160		1,252,065
Buckle, Inc.		2,718		72,136
Build-A-Bear Workshop, Inc.*		1,969		11,912
Cabela’s, Inc.*		4,188		79,488
Casual Male Retail Group, Inc.*		3,996		16,304
Cato Corp., Class A		9,874		264,228
Charming Shoppes, Inc.*		11,580		40,762
Children’s Place Retail Stores, Inc.*		2,881		140,506
Christopher & Banks Corp.		182,370		1,442,547
Citi Trends, Inc.*		1,480		35,831
Coldwater Creek, Inc.*		5,540		29,196
Collective Brands, Inc.*		6,761		109,123
Conn’s, Inc.*		1,277		5,938
Destination Maternity Corp.*		590		19,423
Dress Barn, Inc.*		6,263		148,746
DSW, Inc., Class A*		1,460		41,902

See Notes to Portfolio of Investments.

137

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Express, Inc.*		1,643	$	24,990
Finish Line, Inc., Class A		5,271		73,320
Genesco, Inc.*		2,488		74,341
Group 1 Automotive, Inc.*		82,495		2,464,951
Gymboree Corp.*		15,891		660,112
Haverty Furniture Cos., Inc.		2,188		23,871
hhgregg, Inc.*		1,500		37,140
Hibbett Sports, Inc.*		3,014		75,199
HOT Topic, Inc.		4,080		24,439
Jo-Ann Stores, Inc.*		2,920		130,086
Jos. A. Bank Clothiers, Inc.*		2,809		119,691
Kirkland’s, Inc.*		1,699		23,548
Lithia Motors, Inc., Class A		2,371		22,738
Lumber Liquidators Holdings, Inc.*		2,288		56,216
MarineMax, Inc.*		2,102		14,798
Men’s Wearhouse, Inc.		104,821		2,493,692
Midas, Inc.*		1,379		10,494
Monro Muffler Brake, Inc.		2,017		93,004
New York & Co., Inc.*		2,153		5,533
OfficeMax, Inc.*		8,788		115,035
Pacific Sunwear of California, Inc.*		7,660		40,062
Penske Automotive Group, Inc.*		4,550		60,060
PEP Boys-Manny, Moe & Jack		5,580		59,036
Pier 1 Imports, Inc.*		97,162		795,757
Rent-A-Center, Inc.		6,770		151,513
Rue21, Inc.*		1,520		39,231
Sally Beauty Holdings, Inc.*		9,945		111,384
Select Comfort Corp.*		5,620		38,104
Shoe Carnival, Inc.*		982		19,856
Sonic Automotive, Inc., Class A*		4,141		40,706
Stage Stores, Inc.		4,320		56,160
Stein Mart, Inc.*		3,060		27,020
Systemax, Inc		1,220		14,982
Talbots, Inc.*		7,261		95,119
Ulta Salon Cosmetics & Fragrance, Inc.*		3,333		97,324
Vitamin Shoppe, Inc.*		1,603		44,002
West Marine, Inc.*		105,981		1,076,767
Wet Seal, Inc., Class A*		10,559		35,795
Zumiez, Inc.*		1,990		42,108

				13,418,740

*Textiles, Apparel & Luxury Goods* (*1.1%*)
American Apparel, Inc.*		4,740		5,830
Carter’s, Inc.*		6,144		161,772
Cherokee, Inc.		799		14,574
Columbia Sportswear Co.		1,166		68,141
Crocs, Inc.*		9,150		119,042
Culp, Inc.*		808		7,918
Deckers Outdoor Corp.*		4,074		203,537
Delta Apparel, Inc.*		374		5,610
G-III Apparel Group Ltd.*		1,632		51,212
Iconix Brand Group, Inc.*		7,280		127,400
Joe’s Jeans, Inc.*		3,980		8,398
Jones Apparel Group, Inc.		9,314		182,927
Kenneth Cole Productions, Inc., Class A*		760		12,669
K-Swiss, Inc., Class A*		2,741		34,948
LaCrosse Footwear, Inc.		293		4,046
Liz Claiborne, Inc.*		9,605		58,398
Maidenform Brands, Inc.*		2,337		67,423
Movado Group, Inc.*		1,637		17,811
Oxford Industries, Inc.		1,491		35,456
Perry Ellis International, Inc.*		1,017		22,221
Quiksilver, Inc.*		14,300		55,913
R.G. Barry Corp.		499		5,135
Skechers U.S.A., Inc., Class A*		3,615	$	84,916
Steven Madden Ltd.*		2,540		104,292
Timberland Co., Class A*		6,831		135,322
True Religion Apparel, Inc.*		2,735		58,365
Under Armour, Inc., Class A*		3,680		165,747
Unifi, Inc.*		4,468		20,151
Volcom, Inc.*		1,970		37,666
Warnaco Group, Inc.*		37,467		1,915,688
Weyco Group, Inc.		950		23,009
Wolverine World Wide, Inc.		5,030		145,920

				3,961,457

Total Consumer Discretionary				51,230,173

Consumer Staples (1.8%)
*Beverages* (*0.0%*)
Boston Beer Co., Inc., Class A*		880		58,846
Coca-Cola Bottling Co. Consolidated		409		21,648
Heckmann Corp.*		8,600		33,540
MGP Ingredients, Inc.		1,007		7,905
National Beverage Corp.		1,580		22,120

				144,059

*Food & Staples Retailing* (*0.7%*)
Andersons, Inc.		1,915		72,579
Arden Group, Inc., Class A		131		10,807
Casey’s General Stores, Inc.		38,923		1,625,035
Great Atlantic & Pacific Tea Co., Inc.*		4,160		16,474
Ingles Markets, Inc., Class A		1,312		21,792
Nash Finch Co.		1,220		51,899
Pantry, Inc.*		2,450		59,070
Pricesmart, Inc.		1,616		47,074
Rite Aid Corp.*		57,356		54,087
Ruddick Corp.		4,430		153,632
Spartan Stores, Inc.		2,327		33,742
Susser Holdings Corp.*		908		12,712
United Natural Foods, Inc.*		4,350		144,159
Village Super Market, Inc., Class A		710		19,837
Weis Markets, Inc.		1,000		39,130
Winn-Dixie Stores, Inc.*		5,380		38,359

				2,400,388

*Food Products* (*0.8%*)
Alico, Inc.		401		9,319
B&G Foods, Inc.		4,557		49,762
Calavo Growers, Inc.		1,040		22,547
Cal-Maine Foods, Inc.		1,440		41,731
Chiquita Brands International, Inc.*		4,974		65,856
Darling International, Inc.*		8,634		73,562
Diamond Foods, Inc.		2,280		93,457
Dole Food Co., Inc.*		3,835		35,090
Farmer Bros Co.		990		15,840
Fresh Del Monte Produce, Inc.*		4,176		90,619
Griffin Land & Nurseries, Inc.		180		4,759
Hain Celestial Group, Inc.*		4,248		101,867
Harbinger Group, Inc.*		1,700		9,435
Imperial Sugar Co.		1,060		13,865
J&J Snack Foods Corp.		1,350		56,606
John B. Sanfilippo & Son, Inc.*		521		6,877
Lancaster Colony Corp.		40,065		1,903,088
Lance, Inc.		2,742		58,405
Lifeway Foods, Inc.*		830		8,732
Pilgrim’s Pride Corp.*		5,004		28,122
Sanderson Farms, Inc.		2,350		101,731
Seneca Foods Corp., Class A*		823		21,554
Smart Balance, Inc.*		5,942		23,055
Synutra International, Inc.*		2,018		23,308
Tootsie Roll Industries, Inc.		2,627		65,360

See Notes to Portfolio of Investments.

138

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
TreeHouse Foods, Inc.*		3,670	$	169,187

				3,093,734

*Household Products* (*0.1%*)
Cellu Tissue Holdings, Inc.*		1,273		15,187
Central Garden & Pet Co., Class A*		5,973		61,880
Oil-Dri Corp. of America		800		17,208
Spectrum Brands Holdings, Inc.*		1,872		50,881
WD-40 Co.		1,700		64,634

				209,790

*Personal Products* (*0.1%*)
Elizabeth Arden, Inc.*		2,800		55,972
Female Health Co.		2,300		11,845
Inter Parfums, Inc.		1,504		26,455
Medifast, Inc.*		1,439		39,040
Nature’s Sunshine Products, Inc.*		580		5,185
Nu Skin Enterprises, Inc., Class A		5,060		145,728
Nutraceutical International Corp.*		1,038		16,286
Prestige Brands Holdings, Inc.*		4,156		41,103
Revlon, Inc., Class A*		1,231		15,535
Schiff Nutrition International, Inc.		1,337		10,964
USANA Health Sciences, Inc.*		560		22,602

				390,715

*Tobacco* (*0.1%*)
Alliance One International, Inc.*		8,450		35,068
Star Scientific, Inc.*		10,249		21,523
Universal Corp.		2,557		102,510
Vector Group Ltd.		4,527		84,646

				243,747

Total Consumer Staples				6,482,433

Energy (7.3%)
*Energy Equipment & Services* (*5.4%*)
Allis-Chalmers Energy, Inc.*		4,473		18,652
Atwood Oceanics, Inc.*		67,000		2,040,150
Basic Energy Services, Inc.*		2,540		21,641
Bristow Group, Inc.*		82,374		2,972,054
Cal Dive International, Inc.*		9,508		52,009
CARBO Ceramics, Inc.		1,944		157,464
Complete Production Services, Inc.*		8,106		165,768
Dawson Geophysical Co.*		1,022		27,236
Dril-Quip, Inc.*		3,556		220,863
Global Industries Ltd.*		246,900		1,350,543
Gulf Island Fabrication, Inc.		1,460		26,572
Gulfmark Offshore, Inc., Class A*		2,394		73,544
Helix Energy Solutions Group, Inc.*		135,758		1,512,344
Hercules Offshore, Inc.*		13,142		34,826
Hornbeck Offshore Services, Inc.*		2,388		46,542
ION Geophysical Corp.*		13,184		67,766
Key Energy Services, Inc.*		13,157		125,123
Lufkin Industries, Inc.		3,132		137,495
Matrix Service Co.*		2,865		25,069
Natural Gas Services Group, Inc.*		1,296		19,142
Newpark Resources, Inc.*		8,860		74,424
Oil States International, Inc.*		42,200		1,964,410
OYO Geospace Corp.*		520		30,098
Parker Drilling Co.*		11,360		49,416
PHI, Inc.*		1,710		27,668
Pioneer Drilling Co.*		5,580		35,600
Rowan Cos., Inc.*		102,500		3,111,900
RPC, Inc.		3,370		71,309
Seahawk Drilling, Inc.*		943		7,978
T-3 Energy Services, Inc.*		1,383		36,165
Tesco Corp.*		3,106		37,365
TETRA Technologies, Inc.*		7,924		80,825
Tidewater, Inc.		66,000	$	2,957,460
Union Drilling, Inc.*		1,660		7,437
Unit Corp.*		58,950		2,198,245
Vantage Drilling Co.*		11,048		17,677
Willbros Group, Inc.*		4,540		41,632

				19,844,412

*Oil, Gas & Consumable Fuels* (*1.9%*)
Alon USA Energy, Inc.		1,280		6,912
American Oil & Gas, Inc.*		5,168		41,861
Apco Oil and Gas International, Inc.		1,180		40,840
Approach Resources, Inc.*		1,240		13,863
Arch Coal, Inc.		16,800		448,728
ATP Oil & Gas Corp.*		4,461		60,893
Berry Petroleum Co., Class A		5,420		171,977
Bill Barrett Corp.*		4,762		171,432
BPZ Resources, Inc.*		10,360		39,679
Brigham Exploration Co.*		12,150		227,812
Callon Petroleum Co.*		2,942		14,563
CAMAC Energy, Inc.*		4,708		15,018
Carrizo Oil & Gas, Inc.*		3,343		80,031
Cheniere Energy, Inc.*		4,916		12,388
Clayton Williams Energy, Inc.*		647		32,732
Clean Energy Fuels Corp.*		4,152		59,000
Cloud Peak Energy, Inc.*		3,600		65,700
Contango Oil & Gas Co.*		1,180		59,189
Crosstex Energy, Inc.*		4,521		35,716
CVR Energy, Inc.*		2,920		24,090
Delek U.S. Holdings, Inc.		1,930		13,819
Delta Petroleum Corp.*		21,510		16,920
DHT Holdings, Inc.		4,190		17,305
Endeavour International Corp.*		12,280		15,841
Energy Partners Ltd.*		2,975		35,730
Energy XXI Bermuda Ltd.*		5,209		120,380
Evolution Petroleum Corp.*		1,304		7,837
FX Energy, Inc.*		4,659		19,288
Gastar Exploration Ltd.*		4,211		16,928
General Maritime Corp.		5,810		28,527
GeoResources, Inc.*		1,328		21,115
GMX Resources, Inc.*		3,162		15,367
Golar LNG Ltd.		3,760		47,075
Goodrich Petroleum Corp.*		2,504		36,483
Green Plains Renewable Energy, Inc.*		1,604		19,424
Gulfport Energy Corp.*		2,846		39,389
Harvest Natural Resources, Inc.*		3,662		38,158
Houston American Energy Corp.		1,853		18,530
International Coal Group, Inc.*		13,439		71,495
Isramco, Inc.*		200		12,040
James River Coal Co.*		2,735		47,945
Knightsbridge Tankers Ltd.		1,709		32,300
Kodiak Oil & Gas Corp.*		15,380		52,138
L&L Energy, Inc.*		1,532		12,287
Magnum Hunter Resources Corp.*		4,978		20,609
McMoRan Exploration Co.*		8,984		154,615
Miller Petroleum, Inc.*		1,838		9,907
Nordic American Tanker Shipping Ltd.		4,759		127,351
Northern Oil and Gas, Inc.*		4,620		78,263
Oasis Petroleum, Inc.*		5,007		96,986
Overseas Shipholding Group, Inc.		42,631		1,463,096
Panhandle Oil and Gas, Inc., Class A		800		19,752
Patriot Coal Corp.*		8,163		93,140
Penn Virginia Corp.		4,815		77,233
Petroleum Development Corp.*		1,976		54,538
PetroQuest Energy, Inc.*		6,020		36,662
RAM Energy Resources, Inc.*		5,240		8,174

See Notes to Portfolio of Investments.

139

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Rentech, Inc.*		21,628	$	21,325
Resolute Energy Corp.*		3,906		43,200
REX American Resources Corp.*		990		14,345
Rex Energy Corp.*		3,373		43,174
Rosetta Resources, Inc.*		5,582		131,121
Scorpio Tankers, Inc.*		975		11,008
Ship Finance International Ltd.		4,756		92,409
Stone Energy Corp.*		4,634		68,259
Swift Energy Co.*		3,967		111,393
Syntroleum Corp.*		7,358		13,759
Teekay Corp.		47,869		1,279,538
Teekay Tankers Ltd., Class A		2,648		34,450
TransAtlantic Petroleum Ltd.*		15,149		44,841
Uranium Energy Corp.*		7,200		23,616
USEC, Inc.*		11,783		61,154
VAALCO Energy, Inc.*		5,050		28,987
Venoco, Inc.*		2,190		42,990
W&T Offshore, Inc.		3,670		38,902
Warren Resources, Inc.*		6,280		24,932
Western Refining, Inc.*		5,049		26,457
World Fuel Services Corp.		6,400		166,464

				6,941,395

Total Energy				26,785,807

Financials (13.8%)
*Capital Markets* (*0.6%*)
American Capital Ltd.*		35,785		207,911
Apollo Investment Corp.		20,061		205,224
Artio Global Investors, Inc.		2,916		44,615
BGC Partners, Inc., Class A		5,645		33,701
BlackRock Kelso Capital Corp.		5,848		67,252
Calamos Asset Management, Inc., Class A		1,770		20,355
Capital Southwest Corp.		314		28,511
Cohen & Steers, Inc.		2,030		44,051
Cowen Group, Inc., Class A*		2,900		9,541
Diamond Hill Investment Group, Inc.		290		21,170
Duff & Phelps Corp., Class A		2,676		36,046
Epoch Holding Corp.		1,720		22,154
Evercore Partners, Inc., Class A		1,627		46,548
FBR Capital Markets Corp.*		4,819		15,132
Fifth Street Finance Corp.		4,569		50,899
Financial Engines, Inc.*		1,137		15,099
GAMCO Investors, Inc., Class A		711		27,395
GFI Group, Inc.		6,260		29,046
Gladstone Capital Corp.		1,860		20,962
Gladstone Investment Corp.		1,590		10,653
Gleacher & Co., Inc.*		6,770		10,900
Golub Capital BDC, Inc.		587		8,981
Harris & Harris Group, Inc.*		2,360		10,077
Hercules Technology Growth Capital, Inc.		3,180		32,150
HFF, Inc., Class A*		1,724		15,999
International Assets Holding Corp.*		1,271		23,005
Investment Technology Group, Inc.*		4,483		63,748
JMP Group, Inc.		2,200		13,420
KBW, Inc.		3,510		89,856
Knight Capital Group, Inc., Class A*		9,457		117,172
LaBranche & Co., Inc.*		4,197		16,368
Ladenburg Thalmann Financial Services, Inc.*		8,981		9,161
Main Street Capital Corp.		1,400		22,246
MCG Capital Corp.		7,827		45,710
MF Global Holdings Ltd.*		9,269		66,737
MVC Capital, Inc.		2,660		34,500
NGP Capital Resources Co.		1,640	$	14,858
Oppenheimer Holdings, Inc., Class A		1,110		31,025
optionsXpress Holdings, Inc.*		4,462		68,536
PennantPark Investment Corp.		3,122		33,124
Penson Worldwide, Inc.*		2,570		12,773
Piper Jaffray Cos., Inc.*		1,820		53,017
Prospect Capital Corp.		6,703		65,086
Pzena Investment Management, Inc., Class A		1,100		7,557
Rodman & Renshaw Capital Group, Inc.*		1,582		3,401
Safeguard Scientifics, Inc.*		2,143		26,852
Sanders Morris Harris Group, Inc.		2,900		16,414
Solar Capital Ltd.		793		17,010
Stifel Financial Corp.*		3,680		170,347
SWS Group, Inc.		2,450		17,567
TICC Capital Corp.		2,817		29,156
TradeStation Group, Inc.*		3,987		26,234
Triangle Capital Corp.		1,076		17,194
Virtus Investment Partners, Inc.*		582		17,611
Westwood Holdings Group, Inc.		740		25,034

				2,189,091

*Commercial Banks* (*2.1%*)
1st Source Corp.		1,920		33,331
1st United Bancorp, Inc.*		1,716		11,034
Alliance Financial Corp./New York		600		18,138
American National Bankshares, Inc.		900		19,746
Ameris Bancorp*		2,305		21,552
Ames National Corp.		1,040		20,738
Arrow Financial Corp.		1,285		32,239
BancFirst Corp.		800		32,368
Banco Latinoamericano de Comercio Exterior S.A., Class E		2,430		35,114
Bancorp Rhode Island, Inc.		200		5,586
Bancorp, Inc./Delaware*		2,701		18,070
Bank of Marin Bancorp/California		700		22,568
Bank of the Ozarks, Inc.		1,254		46,511
Boston Private Financial Holdings, Inc.		6,590		43,099
Bridge Bancorp, Inc.		900		22,491
Bryn Mawr Bank Corp.		1,100		18,942
Camden National Corp.		950		32,917
Capital City Bank Group, Inc.		1,570		19,060
Cardinal Financial Corp.		2,991		28,744
Cathay General Bancorp		7,905		93,990
Center Financial Corp.*		3,212		16,349
Centerstate Banks, Inc.		2,109		18,095
Century Bancorp, Inc./Massachusetts, Class A		355		8,481
Chemical Financial Corp.		61,412		1,267,544
Citizens & Northern Corp.		1,577		20,501
Citizens Republic Bancorp, Inc.*		38,543		34,731
City Holding Co.		1,520		46,618
CNB Financial Corp./Pennsylvania		1,300		17,875
CoBiz Financial, Inc.		3,148		17,503
Columbia Banking System, Inc.		4,141		81,371
Community Bank System, Inc.		3,220		74,092
Community Trust Bancorp, Inc.		1,410		38,197
CVB Financial Corp.		9,148		68,701
Danvers Bancorp, Inc.		1,980		30,353
Eagle Bancorp, Inc.*		2,000		22,960
Encore Bancshares, Inc.*		469		3,372
Enterprise Financial Services Corp.		1,640		15,252
F.N.B. Corp./Pennsylvania		11,420		97,755
Financial Institutions, Inc.		1,133		20,009

See Notes to Portfolio of Investments.

140

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
First Bancorp, Inc./Maine		1,310	$	18,117
First Bancorp/North Carolina		1,518		20,675
First Bancorp/Puerto Rico*		6,500		1,820
First Busey Corp.		5,985		27,232
First Commonwealth Financial Corp.		9,710		52,920
First Community Bancshares, Inc./Virginia		1,504		19,402
First Financial Bancorp		5,880		98,078
First Financial Bankshares, Inc.		2,310		108,547
First Financial Corp./Indiana		1,164		34,338
First Interstate Bancsystem, Inc.		901		12,127
First Merchants Corp.		2,713		20,700
First Midwest Bancorp, Inc./Illinois		7,407		85,403
First of Long Island Corp.		800		19,984
First South Bancorp, Inc./North Carolina		1,310		12,995
FirstMerit Corp.		11,354		208,005
German American Bancorp, Inc.		1,500		25,740
Glacier Bancorp, Inc.		7,253		105,894
Great Southern Bancorp, Inc.		1,300		28,301
Green Bankshares, Inc.*		1,112		7,550
Hancock Holding Co.		2,884		86,722
Hanmi Financial Corp.*		4,788		6,129
Heartland Financial USA, Inc.		1,680		25,855
Heritage Financial Corp./Washington*		1,100		15,400
Home Bancorp, Inc.*		1,400		18,732
Home Bancshares, Inc./Arkansas		2,332		47,386
Hudson Valley Holding Corp.		1,225		23,912
IBERIABANK Corp.		2,723		136,096
Independent Bank Corp./Massachusetts		1,980		44,590
International Bancshares Corp.		5,538		93,537
Investors Bancorp, Inc.*		4,600		54,464
Lakeland Bancorp, Inc.		1,650		13,910
Lakeland Financial Corp.		1,440		26,870
MainSource Financial Group, Inc.		1,660		12,682
MB Financial, Inc.		5,442		88,269
Merchants Bancshares, Inc.		200		4,988
Metro Bancorp, Inc.*		1,176		12,219
Midsouth Bancorp, Inc.		1,000		14,150
MidWestOne Financial Group, Inc.		487		7,139
Nara Bancorp, Inc.*		3,779		26,680
National Bankshares, Inc./Virginia		1,000		25,800
National Penn Bancshares, Inc.		12,750		79,688
NBT Bancorp, Inc.		3,600		79,452
Northfield Bancorp, Inc./New Jersey		2,430		26,293
Old National Bancorp/Indiana		8,770		92,085
OmniAmerican Bancorp, Inc.*		924		10,413
Oriental Financial Group, Inc.		5,112		67,990
Orrstown Financial Services, Inc.		900		20,844
Pacific Continental Corp.		2,510		22,715
PacWest Bancorp		3,103		59,143
Park National Corp.		1,330		85,173
Peapack-Gladstone Financial Corp.		1,222		14,395
Penns Woods Bancorp, Inc.		600		19,830
Peoples Bancorp, Inc./Ohio		15,560		192,477
Pinnacle Financial Partners, Inc.*		3,170		29,132
Porter Bancorp, Inc.		635		6,375
PrivateBancorp, Inc.		5,400		61,506
Prosperity Bancshares, Inc.		4,710		152,934
Renasant Corp.		2,570		39,090
Republic Bancorp, Inc./Kentucky, Class A		921		19,461
S&T Bancorp, Inc.		2,452		42,714
Sandy Spring Bancorp, Inc.		2,260		35,030
SCBT Financial Corp.		1,309	$	40,828
Sierra Bancorp		1,210		14,944
Signature Bank/New York*		4,173		162,079
Simmons First National Corp., Class A		1,540		43,536
Southside Bancshares, Inc.		1,649		31,150
Southwest Bancorp, Inc./Oklahoma		1,932		25,058
State Bancorp, Inc./New York		1,608		14,440
StellarOne Corp.		2,060		26,203
Sterling Bancorp/New York		2,880		25,027
Sterling Bancshares, Inc./Texas		10,061		54,028
Suffolk Bancorp		1,050		26,586
Susquehanna Bancshares, Inc.		13,297		112,227
SVB Financial Group*		4,322		182,907
SY Bancorp, Inc.		1,450		35,989
Taylor Capital Group, Inc.*		849		9,738
Texas Capital Bancshares, Inc.*		3,699		63,882
Tompkins Financial Corp.		847		33,592
Tower Bancorp, Inc.		600		12,162
TowneBank/Virginia		2,740		40,990
Trico Bancshares		1,516		23,301
Trustmark Corp.		6,510		141,527
UMB Financial Corp.		3,220		114,342
Umpqua Holdings Corp.		11,704		132,723
Union First Market Bankshares Corp.		1,944		25,389
United Bankshares, Inc.		3,840		95,578
United Community Banks, Inc./Georgia*		9,464		21,199
Univest Corp. of Pennsylvania		1,748		30,520
Virginia Commerce Bancorp, Inc.*		1,615		7,849
Washington Banking Co.		1,586		21,982
Washington Trust Bancorp, Inc.		1,790		34,225
Webster Financial Corp.		6,902		121,199
WesBanco, Inc.		2,710		44,281
West Bancorp, Inc.*		1,718		10,823
West Coast Bancorp/Oregon*		9,643		21,986
Westamerica Bancorp		2,979		162,326
Western Alliance Bancorp*		5,986		40,106
Whitney Holding Corp./Louisiana		9,925		81,087
Wilshire Bancorp, Inc.		2,160		14,126
Wintrust Financial Corp.		3,217		104,263

				7,530,293

*Consumer Finance* (*0.2%*)
Advance America Cash Advance Centers, Inc.		5,301		21,363
Cardtronics, Inc.*		2,815		43,436
Cash America International, Inc.		3,140		109,900
CompuCredit Holdings Corp.		2,300		11,086
Credit Acceptance Corp.*		600		36,336
Dollar Financial Corp.*		2,614		54,554
EZCORP, Inc., Class A*		4,811		96,412
First Cash Financial Services, Inc.*		3,063		84,998
First Marblehead Corp.*		7,750		18,135
Nelnet, Inc., Class A		2,712		62,051
Student Loan Corp.		198		5,881
World Acceptance Corp.*		1,752		77,368

				621,520

*Diversified Financial Services* (*0.1%*)
Asset Acceptance Capital Corp.*		2,160		11,599
Asta Funding, Inc.		750		5,723
California First National Bancorp		200		2,534
Compass Diversified Holdings		3,377		54,572
Encore Capital Group, Inc.*		1,437		25,895
Life Partners Holdings, Inc.		825		15,700
MarketAxess Holdings, Inc.		3,050		51,789

See Notes to Portfolio of Investments.

141

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Marlin Business Services Corp.*		697	$	8,364
Medallion Financial Corp.		1,549		12,067
NewStar Financial, Inc.*		3,201		23,719
PHH Corp.*		5,749		121,074
PICO Holdings, Inc.*		2,402		71,724
Portfolio Recovery Associates, Inc.*		1,757		113,590
Primus Guaranty Ltd.*		2,740		12,494
				530,844
*Insurance* (*7.8%*)
Alterra Capital Holdings Ltd.		9,969		198,582
Ambac Financial Group, Inc.*		30,330		16,833
American Equity Investment Life Holding Co.		5,660		57,958
American National Insurance Co.		11,550		877,454
American Physicians Capital, Inc.		660		27,364
American Physicians Service Group, Inc.		600		19,410
American Safety Insurance Holdings Ltd.*		920		15,033
AMERISAFE, Inc.*		1,700		31,926
Amtrust Financial Services, Inc.		2,770		40,220
Argo Group International Holdings Ltd.		3,130		108,736
Arthur J. Gallagher & Co.		39,300		1,036,341
Aspen Insurance Holdings Ltd.		80,950		2,451,166
Baldwin & Lyons, Inc., Class B		1,100		27,995
Citizens, Inc./Texas*		4,400		30,316
CNA Surety Corp.*		2,110		37,811
CNO Financial Group, Inc.*		23,445		129,885
Crawford & Co., Class B*		3,080		7,484
Delphi Financial Group, Inc., Class A		4,730		118,203
Donegal Group, Inc., Class A		1,630		21,304
eHealth, Inc.*		2,512		32,455
EMC Insurance Group, Inc.		559		11,918
Employers Holdings, Inc.		4,622		72,889
Enstar Group, Ltd.*		690		50,094
Erie Indemnity Co., Class A		31,750		1,779,905
FBL Financial Group, Inc., Class A		1,550		40,269
First American Financial Corp.		10,691		159,724
First Mercury Financial Corp.		1,431		14,424
Flagstone Reinsurance Holdings S.A.		5,148		54,620
FPIC Insurance Group, Inc.*		830		29,125
Global Indemnity plc*		1,497		24,027
Greenlight Capital Reinsurance Ltd., Class A*		3,009		75,285
Hallmark Financial Services*		1,098		9,597
Hanover Insurance Group, Inc.		23,000		1,081,000
Harleysville Group, Inc.		1,310		42,955
HCC Insurance Holdings, Inc.		25,100		654,859
Hilltop Holdings, Inc.*		3,690		35,350
Horace Mann Educators Corp.		3,820		67,920
Infinity Property & Casualty Corp.		1,448		70,619
Kansas City Life Insurance Co.		590		18,402
Maiden Holdings Ltd.		6,130		46,649
Meadowbrook Insurance Group, Inc.		5,965		53,506
Montpelier Reinsurance Holdings Ltd.		108,346		1,876,553
National Financial Partners Corp.*		4,640		58,789
National Interstate Corp.		970		21,117
National Western Life Insurance Co., Class A		233		32,778
Navigators Group, Inc.*		1,180		52,663
NYMAGIC, Inc.		770		19,766
Old Republic International Corp.		244,000		3,379,400
Phoenix Cos., Inc.*		10,900		22,890
Platinum Underwriters Holdings Ltd.		4,596		200,018
PMA Capital Corp., Class A*		2,810	$	21,187
Presidential Life Corp.		2,145		21,021
Primerica, Inc.		2,476		50,362
ProAssurance Corp.*		3,468		199,722
Protective Life Corp.		172,600		3,755,776
RLI Corp.		23,540		1,332,835
Safety Insurance Group, Inc.		1,440		60,509
SeaBright Holdings, Inc.		1,800		14,508
Selective Insurance Group, Inc.		5,250		85,523
StanCorp Financial Group, Inc.		45,500		1,729,000
State Auto Financial Corp.		1,563		23,773
Stewart Information Services Corp.		2,100		23,772
Tower Group, Inc.		101,434		2,368,484
Transatlantic Holdings, Inc.		28,000		1,422,960
United Fire & Casualty Co.		2,286		48,486
Universal Insurance Holdings, Inc.		2,300		10,327
Validus Holdings Ltd.		71,522		1,885,320
				28,397,152
*Real Estate Investment Trusts (REITs)* (*2.1%*)
Acadia Realty Trust (REIT)		4,139		78,641
Agree Realty Corp. (REIT)		850		21,462
Alexander’s, Inc. (REIT)		250		78,945
American Campus Communities, Inc. (REIT)		6,769		206,048
American Capital Agency Corp. (REIT)		3,392		90,125
Anworth Mortgage Asset Corp. (REIT)		11,120		79,286
Apollo Commercial Real Estate Finance, Inc. (REIT)		1,300		20,891
Ashford Hospitality Trust, Inc. (REIT)*		4,428		40,073
Associated Estates Realty Corp. (REIT)		3,218		44,988
BioMed Realty Trust, Inc. (REIT)		12,145		217,638
CapLease, Inc. (REIT)		7,050		39,409
Capstead Mortgage Corp. (REIT)		7,990		86,851
CBL & Associates Properties, Inc. (REIT)		14,593		190,585
Cedar Shopping Centers, Inc. (REIT)		5,620		34,170
Chatham Lodging Trust (REIT)*		636		11,836
Chesapeake Lodging Trust (REIT)		1,153		18,863
Cogdell Spencer, Inc. (REIT)		4,183		26,437
Colonial Properties Trust (REIT)		7,276		117,798
Colony Financial, Inc. (REIT)		1,900		35,112
Cousins Properties, Inc. (REIT)		8,880		63,403
CreXus Investment Corp. (REIT)		1,900		22,857
Cypress Sharpridge Investments, Inc. (REIT)		3,719		49,649
DCT Industrial Trust, Inc. (REIT)		21,678		103,838
DiamondRock Hospitality Co. (REIT)*		16,030		152,125
DuPont Fabros Technology, Inc. (REIT)		4,326		108,799
Dynex Capital, Inc. (REIT)		1,211		13,055
EastGroup Properties, Inc. (REIT)		3,070		114,757
Education Realty Trust, Inc. (REIT)		5,881		42,049
Entertainment Properties Trust (REIT)		4,833		208,689
Equity Lifestyle Properties, Inc. (REIT)		2,724		148,403
Equity One, Inc. (REIT)		4,093		69,090
Excel Trust, Inc. (REIT)		1,117		12,589
Extra Space Storage, Inc. (REIT)		9,160		146,926
FelCor Lodging Trust, Inc. (REIT)*		7,284		33,506

See Notes to Portfolio of Investments.

142

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
First Industrial Realty Trust, Inc. (REIT)*		6,610	$	33,513
First Potomac Realty Trust (REIT)		4,486		67,290
Franklin Street Properties Corp. (REIT)		7,570		94,019
Getty Realty Corp. (REIT)		2,130		57,148
Gladstone Commercial Corp. (REIT)		809		13,882
Glimcher Realty Trust (REIT)		8,833		54,323
Government Properties Income Trust (REIT)		2,858		76,309
Hatteras Financial Corp. (REIT)		4,080		116,158
Healthcare Realty Trust, Inc. (REIT)		6,571		153,696
Hersha Hospitality Trust (REIT)		11,998		62,150
Highwoods Properties, Inc. (REIT)		7,503		243,622
Home Properties, Inc. (REIT)		3,889		205,728
Inland Real Estate Corp. (REIT)		8,210		68,225
Invesco Mortgage Capital, Inc. (REIT)		2,711		58,341
Investors Real Estate Trust (REIT)		7,020		58,828
iStar Financial, Inc. (REIT)*		9,469		28,975
Kilroy Realty Corp. (REIT)		5,726		189,760
Kite Realty Group Trust (REIT)		6,160		27,350
LaSalle Hotel Properties (REIT)		7,402		173,133
Lexington Realty Trust (REIT)		10,546		75,509
LTC Properties, Inc. (REIT)		2,276		58,084
Medical Properties Trust, Inc. (REIT)		11,170		113,264
MFA Financial, Inc. (REIT)		30,781		234,859
Mid-America Apartment Communities, Inc. (REIT)		3,402		198,269
Mission West Properties, Inc. (REIT)		1,040		7,051
Monmouth Real Estate Investment Corp. (REIT), Class A		2,612		20,426
MPG Office Trust, Inc. (REIT)*		4,948		12,370
National Health Investors, Inc. (REIT)		2,890		127,333
National Retail Properties, Inc. (REIT)		8,792		220,767
Newcastle Investment Corp. (REIT)*		6,367		19,738
NorthStar Realty Finance Corp. (REIT)		8,230		30,780
Omega Healthcare Investors, Inc. (REIT)		9,828		220,639
One Liberty Properties, Inc. (REIT)		754		11,996
Parkway Properties, Inc./Maryland (REIT)		2,630		38,924
Pebblebrook Hotel Trust (REIT)*		3,559		64,098
Pennsylvania Real Estate Investment Trust (REIT)		5,760		68,314
Pennymac Mortgage Investment Trust (REIT)		2,000		35,780
Post Properties, Inc. (REIT)		5,234		146,133
Potlatch Corp. (REIT)		4,078		138,652
PS Business Parks, Inc. (REIT)		1,883		106,521
RAIT Financial Trust (REIT)*		6,849		11,301
Ramco-Gershenson Properties Trust (REIT)		3,675		39,359
Redwood Trust, Inc. (REIT)		8,710		125,947
Resource Capital Corp. (REIT)		4,310		27,368
Retail Opportunity Investments Corp. (REIT)		4,301		41,161
Saul Centers, Inc. (REIT)		621		26,051
Sovran Self Storage, Inc. (REIT)		2,739		103,808
Strategic Hotels & Resorts, Inc. (REIT)*		14,888		63,125
Sun Communities, Inc. (REIT)		1,972		60,540
Sunstone Hotel Investors, Inc. (REIT)*		10,090	$	91,516
Tanger Factory Outlet Centers (REIT)		4,458		210,150
Terreno Realty Corp. (REIT)*		1,314		23,941
Two Harbors Investment Corp. (REIT)		2,135		19,258
UMH Properties, Inc. (REIT)		773		8,302
Universal Health Realty Income Trust (REIT)		1,131		38,918
Urstadt Biddle Properties, Inc. (REIT), Class A		2,140		38,691
U-Store-It Trust (REIT)		7,800		65,130
Walter Investment Management Corp. (REIT)		2,617		45,771
Washington Real Estate Investment Trust (REIT)		6,373		202,215
Winthrop Realty Trust (REIT)		1,637		20,233
				7,723,635
*Real Estate Management & Development* (*0.0%*)
Avatar Holdings, Inc.*		814		15,531
Consolidated-Tomoka Land Co.		549		15,652
Forestar Group, Inc.*		3,980		67,859
Hudson Pacific Properties, Inc. (REIT)		1,525		24,964
Kennedy-Wilson Holdings, Inc.*		1,753		18,582
Tejon Ranch Co.*		1,340		29,038
Thomas Properties Group, Inc.*		3,193		11,399
				183,025
*Thrifts & Mortgage Finance* (*0.9%*)
Abington Bancorp, Inc.		1,680		17,707
Astoria Financial Corp.		8,700		118,581
Bank Mutual Corp.		4,140		21,487
BankFinancial Corp.		1,640		15,039
Beneficial Mutual Bancorp, Inc.*		4,080		36,598
Berkshire Hills Bancorp, Inc.		1,700		32,232
BofI Holding, Inc.*		534		6,339
Brookline Bancorp, Inc.		5,736		57,245
Clifton Savings Bancorp, Inc.		1,640		14,104
Dime Community Bancshares, Inc.		3,230		44,735
ESB Financial Corp.		1,400		19,488
ESSA Bancorp, Inc.		1,120		13,261
Farmer Mac, Class C		967		10,463
First Financial Holdings, Inc.		1,751		19,506
Flagstar Bancorp, Inc.*		4,345		7,908
Flushing Financial Corp.		2,790		32,252
Fox Chase Bancorp, Inc.*		1,037		9,810
Heritage Financial Group		300		2,526
Home Federal Bancorp, Inc./Idaho		1,700		20,689
Kearny Financial Corp.		1,352		11,938
K-Fed Bancorp		1,000		7,890
Meridian Interstate Bancorp, Inc.*		1,510		15,915
MGIC Investment Corp.*		20,872		192,649
NASB Financial, Inc.		590		9,765
NewAlliance Bancshares, Inc.		10,900		137,558
Northwest Bancshares, Inc.		11,435		127,958
OceanFirst Financial Corp.		960		11,779
Ocwen Financial Corp.*		7,521		76,263
Oritani Financial Corp.		5,092		50,818
PMI Group, Inc.*		15,042		55,204
Provident Financial Services, Inc.		5,920		73,171
Provident New York Bancorp		4,350		36,496
Radian Group, Inc.		14,012		109,574
Rockville Financial, Inc.		1,340		15,397

See Notes to Portfolio of Investments.

143

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Roma Financial Corp.		1,420	$	14,953
Territorial Bancorp, Inc.		1,400		23,562
TrustCo Bank Corp. NY		290,190		1,613,456
United Financial Bancorp, Inc.		1,330		17,968
ViewPoint Financial Group		2,016		18,648
Waterstone Financial, Inc.*		1,210		4,828
Westfield Financial, Inc.		3,830		29,874
WSFS Financial Corp.		590		22,131
				3,177,765
Total Financials				50,353,325
Health Care (6.5%)
*Biotechnology* (*1.0%*)
Acorda Therapeutics, Inc.*		4,092		135,118
Affymax, Inc.*		1,660		9,877
Alkermes, Inc.*		9,966		146,002
Allos Therapeutics, Inc.*		8,036		37,930
Alnylam Pharmaceuticals, Inc.*		4,080		50,102
AMAG Pharmaceuticals, Inc.*		2,205		37,948
Arena Pharmaceuticals, Inc.*		11,920		18,714
ARIAD Pharmaceuticals, Inc.*		10,621		40,572
ArQule, Inc.*		3,810		19,622
Array BioPharma, Inc.*		5,949		19,215
AVI BioPharma, Inc.*		10,720		19,725
BioCryst Pharmaceuticals, Inc.*		3,100		15,314
BioSante Pharmaceuticals, Inc.*		5,824		9,784
Biospecifics Technologies Corp.*		500		13,460
Biotime, Inc.*		2,137		10,151
Celera Corp.*		7,960		53,650
Celldex Therapeutics, Inc.*		3,166		12,664
Cepheid, Inc.*		6,176		115,553
Chelsea Therapeutics International Ltd.*		2,400		12,288
Clinical Data, Inc.*		1,137		19,181
Cubist Pharmaceuticals, Inc.*		6,055		141,626
Curis, Inc.*		6,618		9,067
Cytokinetics, Inc.*		5,248		13,855
Cytori Therapeutics, Inc.*		4,105		20,073
CytRx Corp.*		10,845		8,133
Dyax Corp.*		10,324		24,468
Dynavax Technologies Corp.*		6,995		12,801
Emergent Biosolutions, Inc.*		2,020		34,865
Enzon Pharmaceuticals, Inc.*		5,353		60,221
Exact Sciences Corp.*		3,433		24,855
Exelixis, Inc.*		10,570		41,434
Genomic Health, Inc.*		1,740		23,246
Geron Corp.*		9,544		52,778
Halozyme Therapeutics, Inc.*		7,600		58,596
Idenix Pharmaceuticals, Inc.*		3,525		10,928
Immunogen, Inc.*		6,991		43,834
Immunomedics, Inc.*		7,259		23,374
Incyte Corp.*		9,334		149,251
Infinity Pharmaceuticals, Inc.*		1,686		9,290
Inhibitex, Inc.*		4,892		8,806
Inovio Pharmaceuticals, Inc.*		7,936		9,920
InterMune, Inc.*		5,060		68,917
Ironwood Pharmaceuticals, Inc.*		2,035		20,716
Isis Pharmaceuticals, Inc.*		10,210		85,764
Keryx Biopharmaceuticals, Inc.*		5,300		25,493
Lexicon Pharmaceuticals, Inc.*		19,337		30,939
Ligand Pharmaceuticals, Inc., Class B*		14,030		22,167
MannKind Corp.*		6,690		45,224
Martek Biosciences Corp.*		3,494		79,069
Maxygen, Inc.*		2,935		16,994
Medivation, Inc.*		3,350		43,550
Metabolix, Inc.*		2,731	$	34,356
Micromet, Inc.*		8,418		56,569
Momenta Pharmaceuticals, Inc.*		4,480		67,424
Nabi Biopharmaceuticals*		4,466		21,437
Nanosphere, Inc.*		1,810		9,104
Neuralstem, Inc.*		4,103		10,340
Neurocrine Biosciences, Inc.*		5,009		30,355
NeurogesX, Inc.*		1,339		9,252
Novavax, Inc.*		8,910		19,513
NPS Pharmaceuticals, Inc.*		5,700		38,988
Nymox Pharmaceutical Corp.*		1,582		5,648
Omeros Corp.*		1,748		12,743
Onyx Pharmaceuticals, Inc.*		6,380		168,304
Opko Health, Inc.*		8,717		19,526
Orexigen Therapeutics, Inc.*		3,514		20,838
Osiris Therapeutics, Inc.*		2,240		16,307
PDL BioPharma, Inc.		11,926		62,731
Peregrine Pharmaceuticals, Inc.*		4,826		6,998
Pharmacyclics, Inc.*		3,846		30,999
Pharmasset, Inc.*		3,061		90,300
Progenics Pharmaceuticals, Inc.*		3,580		18,079
Rigel Pharmaceuticals, Inc.*		5,800		48,778
Sangamo BioSciences, Inc.*		4,010		13,754
Savient Pharmaceuticals, Inc.*		7,362		168,369
Sciclone Pharmaceuticals, Inc.*		4,361		11,513
Seattle Genetics, Inc.*		8,817		136,928
SIGA Technologies, Inc.*		3,438		29,085
Spectrum Pharmaceuticals, Inc.*		5,014		20,908
StemCells, Inc.*		9,100		7,553
Synta Pharmaceuticals Corp.*		2,940		11,731
Targacept, Inc.*		2,453		54,800
Theravance, Inc.*		6,567		131,997
Vanda Pharmaceuticals, Inc.*		3,266		21,817
Vical, Inc.*		5,494		12,252
Zalicus, Inc.*		6,152		7,998
ZIOPHARM Oncology, Inc.*		4,828		18,105
ZymoGenetics, Inc.*		5,600		54,600
				3,517,123
*Health Care Equipment & Supplies* (*2.5%*)
Abaxis, Inc.*		2,120		48,972
ABIOMED, Inc.*		3,680		39,045
Accuray, Inc.*		4,984		31,000
AGA Medical Holdings, Inc.*		1,700		23,732
Align Technology, Inc.*		6,194		121,279
Alimera Sciences, Inc.*		560		5,359
Alphatec Holdings, Inc.*		5,125		10,916
American Medical Systems Holdings, Inc.*		7,809		152,900
Analogic Corp.		1,344		60,319
AngioDynamics, Inc.*		2,920		44,501
Antares Pharma, Inc.*		6,405		9,287
ArthroCare Corp.*		2,773		75,370
Atrion Corp.		160		25,202
Beckman Coulter, Inc.		11,100		541,569
Cantel Medical Corp.		1,580		25,596
Cerus Corp.*		3,900		14,976
Conceptus, Inc.*		3,224		44,330
CONMED Corp.*		3,054		68,440
CryoLife, Inc.*		3,700		22,459
Cutera, Inc.*		1,515		12,271
Cyberonics, Inc.*		2,920		77,906
Cynosure, Inc., Class A*		1,102		11,251
Delcath Systems, Inc.*		3,894		28,115
DexCom, Inc.*		5,987		79,148
DynaVox, Inc., Class A*		840		6,821

See Notes to Portfolio of Investments.

144

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Endologix, Inc.*		5,337	$	24,337
Exactech, Inc.*		1,120		18,278
Greatbatch, Inc.*		2,446		56,723
Haemonetics Corp.*		2,619		153,290
Hansen Medical, Inc.*		4,434		6,341
HeartWare International, Inc.*		974		66,972
ICU Medical, Inc.*		1,120		41,765
Immucor, Inc.*		7,170		142,181
Insulet Corp.*		3,990		56,419
Integra LifeSciences Holdings Corp.*		2,140		84,444
Invacare Corp.		2,880		76,349
IRIS International, Inc.*		1,560		14,976
Kensey Nash Corp.*		771		22,274
MAKO Surgical Corp.*		2,555		24,477
Masimo Corp.		5,318		145,235
Medical Action Industries, Inc.*		1,461		13,222
MELA Sciences, Inc.*		2,393		15,602
Meridian Bioscience, Inc.		4,020		87,958
Merit Medical Systems, Inc.*		2,976		47,289
Natus Medical, Inc.*		2,987		43,521
Neogen Corp.*		2,335		79,040
NuVasive, Inc.*		4,103		144,179
NxStage Medical, Inc.*		2,571		49,106
OraSure Technologies, Inc.*		5,530		22,396
Orthofix International N.V.*		1,833		57,593
Orthovita, Inc.*		8,280		18,796
Palomar Medical Technologies, Inc.*		2,001		20,670
Quidel Corp.*		2,364		25,980
Rochester Medical Corp.*		1,178		12,852
RTI Biologics, Inc.*		6,830		17,963
Sirona Dental Systems, Inc.*		3,465		124,879
Solta Medical, Inc.*		5,453		10,906
SonoSite, Inc.*		1,529		51,237
Spectranetics Corp.*		4,040		21,897
STAAR Surgical Co.*		3,393		18,356
Stereotaxis, Inc.*		2,938		12,163
STERIS Corp.		70,912		2,355,697
SurModics, Inc.*		1,870		22,290
Symmetry Medical, Inc.*		3,767		36,314
Syneron Medical Ltd.*		3,662		36,327
Synovis Life Technologies, Inc.*		1,198		17,910
Teleflex, Inc.		35,100		1,992,978
TomoTherapy, Inc.*		4,690		16,509
Unilife Corp.*		4,977		30,011
Vascular Solutions, Inc.*		1,605		18,425
Volcano Corp.*		5,310		137,954
West Pharmaceutical Services, Inc.		29,910		1,026,212
Wright Medical Group, Inc.*		3,766		54,268
Young Innovations, Inc.		800		22,888
Zoll Medical Corp.*		2,213		71,413

				9,249,626

*Health Care Providers & Services* (*1.0%*)
Air Methods Corp.*		1,154		47,983
Alliance HealthCare Services, Inc.*		3,670		16,809
Allied Healthcare International, Inc.*		6,400		16,000
Almost Family, Inc.*		845		25,037
Amedisys, Inc.*		2,959		70,424
America Service Group, Inc.		899		13,377
American Dental Partners, Inc.*		2,000		24,120
AMERIGROUP Corp.*		5,421		230,230
AMN Healthcare Services, Inc.*		4,000		20,560
Amsurg Corp.*		3,000		52,440
Assisted Living Concepts, Inc., Class A*		1,059		32,236
Bio-Reference Labs, Inc.*		2,456		51,232
BioScrip, Inc.*		3,600	$	18,576
Capital Senior Living Corp.*		3,160		16,843
CardioNet, Inc.*		2,056		9,273
Catalyst Health Solutions, Inc.*		3,919		137,988
Centene Corp.*		5,296		124,933
Chemed Corp.		2,346		133,652
Chindex International, Inc.*		1,586		23,964
Clarient, Inc.*		5,254		17,759
Continucare Corp.*		2,100		8,820
Corvel Corp.*		771		32,729
Cross Country Healthcare, Inc.*		3,770		27,106
Emeritus Corp.*		2,240		38,214
Ensign Group, Inc.		1,440		25,848
Five Star Quality Care, Inc.*		2,404		12,140
Genoptix, Inc.*		1,630		23,146
Gentiva Health Services, Inc.*		2,850		62,273
Hanger Orthopedic Group, Inc.*		2,960		43,038
Health Grades, Inc.*		2,801		22,940
HealthSouth Corp.*		9,690		186,048
Healthspring, Inc.*		5,940		153,490
Healthways, Inc.*		3,890		45,280
HMS Holdings Corp.*		2,802		165,150
IPC The Hospitalist Co., Inc.*		1,723		47,072
Kindred Healthcare, Inc.*		4,380		57,028
Landauer, Inc.		979		61,315
LCA-Vision, Inc.*		2,200		12,254
LHC Group, Inc.*		1,607		37,266
Magellan Health Services, Inc.*		3,381		159,718
MedCath Corp.*		1,921		19,345
Metropolitan Health Networks, Inc.*		3,802		14,448
Molina Healthcare, Inc.*		1,329		35,870
MWI Veterinary Supply, Inc.*		1,260		72,727
National Healthcare Corp.		980		36,329
National Research Corp.		300		7,824
Owens & Minor, Inc.		6,618		188,348
PDI, Inc.*		724		6,328
PharMerica Corp.*		3,209		30,582
Providence Service Corp.*		1,277		20,930
PSS World Medical, Inc.*		6,001		128,301
Psychiatric Solutions, Inc.*		6,086		204,185
RehabCare Group, Inc.*		2,737		55,342
Res-Care, Inc.*		2,586		34,316
Rural/Metro Corp.*		1,745		14,850
Select Medical Holdings Corp.*		5,014		38,608
Skilled Healthcare Group, Inc., Class A*		2,141		8,414
Sun Healthcare Group, Inc.*		7,752		65,659
Sunrise Senior Living, Inc.*		6,080		20,854
Team Health Holdings, Inc.*		1,609		20,772
Triple-S Management Corp., Class B*		2,110		35,554
U.S. Physical Therapy, Inc.*		960		16,051
Universal American Corp.		3,250		47,938
WellCare Health Plans, Inc.*		4,493		130,117

				3,558,003

*Health Care Technology* (*0.1%*)
athenahealth, Inc.*		3,430		113,259
Computer Programs & Systems, Inc.		1,030		43,847
MedAssets, Inc.*		4,416		92,913
Medidata Solutions, Inc.*		1,866		35,827
MedQuist, Inc.*		1,400		12,264
Merge Healthcare, Inc.*		4,860		14,094
Omnicell, Inc.*		3,394		44,394
Quality Systems, Inc.		1,991		132,023
Transcend Services, Inc.*		990		15,097

See Notes to Portfolio of Investments.

145

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Vital Images, Inc.*		1,492	$	19,739

				523,457

*Life Sciences Tools & Services* (*1.4%*)
Accelrys, Inc.*		5,969		41,544
Affymetrix, Inc.*		7,291		33,247
Albany Molecular Research, Inc.*		3,170		20,225
Bruker Corp.*		7,509		105,351
Caliper Life Sciences, Inc.*		4,235		16,898
Cambrex Corp.*		2,240		9,520
Dionex Corp.*		1,810		156,457
Enzo Biochem, Inc.*		4,230		16,074
eResearchTechnology, Inc.*		4,896		36,622
Kendle International, Inc.*		1,328		12,377
Luminex Corp.*		3,997		63,952
Mettler-Toledo International, Inc.*		18,700		2,327,028
PAREXEL International Corp.*		6,068		140,353
Pharmaceutical Product Development, Inc.		85,400		2,117,066
Pure Bioscience*		3,401		7,856
Sequenom, Inc.*		7,129		49,974

				5,154,544

*Pharmaceuticals* (*0.5%*)
Acura Pharmaceuticals, Inc.*		10		25
Akorn, Inc.*		6,002		24,248
Alexza Pharmaceuticals, Inc.*		3,442		10,911
Aoxing Pharmaceutical Co., Inc.*		2,051		6,276
Ardea Biosciences, Inc.*		1,457		33,511
Auxilium Pharmaceuticals, Inc.*		4,416		109,428
AVANIR Pharmaceuticals, Inc., Class A*		7,292		23,261
Biodel, Inc.*		2,079		11,019
BioMimetic Therapeutics, Inc.*		1,777		20,258
BMP Sunstone Corp.*		3,141		23,872
Cadence Pharmaceuticals, Inc.*		2,220		18,537
Caraco Pharmaceutical Laboratories Ltd.*		1,690		9,092
Corcept Therapeutics, Inc.*		2,376		9,243
Cornerstone Therapeutics, Inc.*		1,000		7,060
Cumberland Pharmaceuticals, Inc.*		1,200		6,972
Cypress Bioscience, Inc.*		3,270		12,589
Depomed, Inc.*		4,450		19,936
Durect Corp.*		10,490		26,645
Eurand N.V.*		1,644		16,177
Hi-Tech Pharmacal Co., Inc.*		1,042		21,090
Impax Laboratories, Inc.*		6,544		129,571
Inspire Pharmaceuticals, Inc.*		5,880		34,986
Jazz Pharmaceuticals, Inc.*		1,536		16,481
Lannett Co., Inc.*		1,400		6,412
MAP Pharmaceuticals, Inc.*		1,563		23,914
Medicines Co.*		5,120		72,704
Medicis Pharmaceutical Corp., Class A		6,483		192,221
Nektar Therapeutics*		9,867		145,736
Neostem, Inc.*		2,400		4,872
Obagi Medical Products, Inc.*		1,864		19,572
Optimer Pharmaceuticals, Inc.*		3,916		35,910
Pain Therapeutics, Inc.*		4,510		27,872
Par Pharmaceutical Cos., Inc.*		3,664		106,549
Pozen, Inc.*		2,420		17,134
Questcor Pharmaceuticals, Inc.*		5,658		56,127
Salix Pharmaceuticals Ltd.*		5,951		236,374
Santarus, Inc.*		4,400		13,244
Somaxon Pharmaceuticals, Inc.*		2,941		11,440
Sucampo Pharmaceuticals, Inc., Class A*		220		825
SuperGen, Inc.*		4,600	$	9,614
ViroPharma, Inc.*		8,480		126,437
Vivus, Inc.*		8,212		54,938
XenoPort, Inc.*		2,850		20,263

				1,773,346

Total Health Care				23,776,099

Industrials (18.6%)
*Aerospace & Defense* (*0.8%*)
AAR Corp.*		4,044		75,461
Aerovironment, Inc.*		1,638		36,445
American Science & Engineering, Inc.		940		69,231
Applied Energetics, Inc.*		7,523		8,426
Applied Signal Technology, Inc.		1,360		33,837
Astronics Corp.*		987		17,223
Ceradyne, Inc.*		51,980		1,213,733
Cubic Corp.		1,656		67,565
Curtiss-Wright Corp.		4,791		145,167
DigitalGlobe, Inc.*		2,832		86,093
Ducommun, Inc.		1,108		24,132
Esterline Technologies Corp.*		3,026		173,178
GenCorp, Inc.*		5,990		29,471
GeoEye, Inc.*		2,380		96,342
Global Defense Technology & Systems, Inc.*		500		6,850
HEICO Corp.		3,158		144,131
Herley Industries, Inc.*		1,770		29,205
Hexcel Corp.*		9,957		177,135
Kratos Defense & Security Solutions, Inc.*		1,417		15,091
Ladish Co., Inc.*		1,675		52,143
LMI Aerospace, Inc.*		984		15,665
Moog, Inc., Class A*		4,759		168,992
Orbital Sciences Corp.*		6,030		92,259
Taser International, Inc.*		5,850		22,698
Teledyne Technologies, Inc.*		3,813		151,834
Triumph Group, Inc.		1,681		125,386

				3,077,693

*Air Freight & Logistics* (*0.1%*)
Air Transport Services Group, Inc.*		5,200		31,668
Atlas Air Worldwide Holdings, Inc.*		2,677		134,653
Dynamex, Inc.*		710		10,828
Forward Air Corp.		2,983		77,558
Hub Group, Inc., Class A*		3,951		115,606
Pacer International, Inc.*		3,799		22,946
Park-Ohio Holdings Corp.*		737		9,802

				403,061

*Airlines* (*0.8%*)
AirTran Holdings, Inc.*		14,112		103,723
Alaska Air Group, Inc.*		3,835		195,700
Allegiant Travel Co.		1,528		64,665
Hawaiian Holdings, Inc.*		4,910		29,411
JetBlue Airways Corp.*		25,989		173,866
Pinnacle Airlines Corp.*		1,804		9,796
Republic Airways Holdings, Inc.*		3,028		25,072
SkyWest, Inc.		147,520		2,059,379
U.S. Airways Group, Inc.*		16,997		157,222

				2,818,834

*Building Products* (*2.2%*)
A.O. Smith Corp.		16,229		939,497
AAON, Inc.		1,220		28,694
American Woodmark Corp.		62,946		1,116,033
Ameron International Corp.		898		61,028
Apogee Enterprises, Inc.		116,540		1,066,341

See Notes to Portfolio of Investments.

146

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Builders FirstSource, Inc.*		5,147	$	11,735
Gibraltar Industries, Inc.*		102,568		921,061
Griffon Corp.*		5,000		60,950
Insteel Industries, Inc.		1,917		17,215
NCI Building Systems, Inc.*		1,736		16,544
Quanex Building Products Corp.		4,018		69,391
Simpson Manufacturing Co., Inc.		65,600		1,691,168
Trex Co., Inc.*		1,794		34,211
Universal Forest Products, Inc.		73,895		2,161,429

				8,195,297

*Commercial Services & Supplies* (*1.7%*)
ABM Industries, Inc.		106,218		2,293,247
ACCO Brands Corp.*		6,210		35,707
American Reprographics Co.*		4,290		33,676
APAC Customer Services, Inc.*		3,400		19,244
ATC Technology Corp.*		1,900		47,006
Bowne & Co., Inc.		4,417		50,045
Brink’s Co.		4,927		113,321
Casella Waste Systems, Inc., Class A*		2,352		9,878
Cenveo, Inc.*		6,230		31,337
Clean Harbors, Inc.*		2,405		162,939
Consolidated Graphics, Inc.*		998		41,367
Courier Corp.		1,430		20,335
Deluxe Corp.		5,140		98,328
EnergySolutions, Inc.		8,905		44,792
EnerNOC, Inc.*		2,016		63,322
Ennis, Inc.		2,706		48,410
Fuel Tech, Inc.*		2,430		15,236
G&K Services, Inc., Class A		2,180		49,835
GEO Group, Inc.*		6,954		162,376
Healthcare Services Group, Inc.		4,355		99,250
Herman Miller, Inc.		5,810		114,341
HNI Corp.		4,729		136,006
Innerworkings, Inc.*		1,980		13,009
Interface, Inc., Class A		5,199		73,982
Kimball International, Inc., Class B		4,000		23,320
Knoll, Inc.		4,907		76,108
M&F Worldwide Corp.*		1,220		29,707
McGrath RentCorp		2,514		60,210
Metalico, Inc.*		4,142		15,864
Mine Safety Appliances Co.		54,891		1,487,546
Mobile Mini, Inc.*		3,754		57,586
Multi-Color Corp.		1,350		20,790
Rollins, Inc.		4,570		106,847
Schawk, Inc.		1,224		22,595
Standard Parking Corp.*		1,412		24,145
Standard Register Co.		2,740		8,001
Steelcase, Inc., Class A		7,646		63,691
Sykes Enterprises, Inc.*		4,201		57,050
Team, Inc.*		1,740		29,945
Tetra Tech, Inc.*		6,381		133,810
U.S. Ecology, Inc.		1,852		29,632
UniFirst Corp.		1,485		65,563
United Stationers, Inc.*		2,504		133,989
Viad Corp.		1,970		38,100

				6,261,488

*Construction & Engineering* (*1.0%*)
Argan, Inc.*		1,100		10,285
Comfort Systems USA, Inc.		4,027		43,210
Dycom Industries, Inc.*		4,027		40,230
EMCOR Group, Inc.*		46,260		1,137,533
Furmanite Corp.*		4,680		22,838
Granite Construction, Inc.		83,792		1,905,430
Great Lakes Dredge & Dock Corp.		5,759		33,460
Insituform Technologies, Inc., Class A*		4,135	$	99,984
Layne Christensen Co.*		2,069		53,567
MasTec, Inc.*		5,920		61,094
Michael Baker Corp.*		822		27,093
MYR Group, Inc.*		1,908		31,272
Northwest Pipe Co.*		800		14,000
Orion Marine Group, Inc.*		2,811		34,885
Pike Electric Corp.*		2,160		15,725
Primoris Services Corp.		2,195		14,355
Sterling Construction Co., Inc.*		1,729		21,405
Tutor Perini Corp.*		2,950		59,266

				3,625,632

*Electrical Equipment* (*2.1%*)
A123 Systems, Inc.*		7,472		67,024
Acuity Brands, Inc.		4,507		199,390
Advanced Battery Technologies, Inc.*		6,173		22,161
American Superconductor Corp.*		4,660		144,926
AZZ, Inc.		1,400		59,976
Baldor Electric Co.		4,916		198,606
Belden, Inc.		4,919		129,763
Brady Corp., Class A		70,110		2,045,109
Broadwind Energy, Inc.*		9,090		16,998
Capstone Turbine Corp.*		23,568		18,197
Encore Wire Corp.		2,180		44,712
Ener1, Inc.*		6,380		23,478
EnerSys*		4,971		124,126
Franklin Electric Co., Inc.		34,650		1,148,994
FuelCell Energy, Inc.*		6,230		7,663
Generac Holdings, Inc.*		1,991		27,157
GrafTech International Ltd.*		12,679		198,173
II-VI, Inc.*		2,636		98,402
LaBarge, Inc.*		1,710		21,358
LSI Industries, Inc.		1,300		8,346
Polypore International, Inc.*		2,319		69,941
Powell Industries, Inc.*		22,000		684,640
PowerSecure International, Inc.*		1,953		18,085
Preformed Line Products Co.		360		12,553
Roper Industries, Inc.		28,550		1,860,889
SatCon Technology Corp.*		7,808		29,358
UQM Technologies, Inc.*		3,428		8,776
Vicor Corp.		2,410		35,210
Woodward Governor Co.		6,339		205,510

				7,529,521

*Industrial Conglomerates* (*0.5%*)
Carlisle Cos., Inc.		57,900		1,734,105
Otter Tail Corp.		3,430		69,938
Raven Industries, Inc.		1,704		64,565
Seaboard Corp.		34		60,214
Standex International Corp.		1,334		32,269
Tredegar Corp.		2,586		49,082
United Capital Corp.*		330		8,029

				2,018,202

*Machinery* (*7.2%*)
3D Systems Corp.*		2,130		33,462
Actuant Corp., Class A		6,930		159,113
Alamo Group, Inc.		703		15,698
Albany International Corp., Class A		3,010		56,949
Altra Holdings, Inc.*		2,884		42,481
American Railcar Industries, Inc.*		949		14,880
Ampco-Pittsburgh Corp.		875		21,718
ArvinMeritor, Inc.*		9,857		153,178
Astec Industries, Inc.*		52,999		1,512,062
Badger Meter, Inc.		1,450		58,696

See Notes to Portfolio of Investments.

147

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Barnes Group, Inc.		5,200	$	91,468
Blount International, Inc.*		4,952		63,039
Briggs & Stratton Corp.		64,120		1,218,921
Cascade Corp.		953		30,305
Chart Industries, Inc.*		2,830		57,619
CIRCOR International, Inc.		22,644		715,550
CLARCOR, Inc.		5,314		205,280
CNH Global N.V.*		11,000		403,040
Colfax Corp.*		2,850		42,380
Columbus McKinnon Corp.*		2,260		37,493
Commercial Vehicle Group, Inc.*		2,519		25,643
Douglas Dynamics, Inc.		957		11,819
Dynamic Materials Corp.		1,130		17,074
Energy Recovery, Inc.*		4,440		15,940
EnPro Industries, Inc.*		2,240		70,067
ESCO Technologies, Inc.		2,743		91,232
Federal Signal Corp.		5,930		31,963
Flow International Corp.*		3,610		9,494
Force Protection, Inc.*		6,576		33,143
FreightCar America, Inc.		1,470		36,162
Gardner Denver, Inc.		42,600		2,286,768
Gorman-Rupp Co.		1,308		36,049
Graco, Inc.		63,000		1,998,990
Graham Corp.		1,270		19,710
Greenbrier Cos., Inc.*		1,911		29,793
John Bean Technologies Corp.		3,200		51,552
Kadant, Inc.*		1,305		24,678
Kaydon Corp.		3,370		116,602
Kennametal, Inc.		64,500		1,994,985
L.B. Foster Co., Class A*		1,070		30,966
Lincoln Electric Holdings, Inc.		29,000		1,676,780
Lindsay Corp.		1,322		57,269
Lydall, Inc.*		1,528		11,246
Met-Pro Corp.		2,140		21,593
Middleby Corp.*		1,700		107,763
Miller Industries, Inc.		1,031		13,949
Mueller Industries, Inc.		91,883		2,433,981
Mueller Water Products, Inc., Class A		17,110		51,672
NACCO Industries, Inc., Class A		594		51,910
Nordson Corp.		46,132		3,399,467
Omega Flex, Inc.		540		7,711
PMFG, Inc.*		1,840		31,372
RBC Bearings, Inc.*		2,284		77,610
Robbins & Myers, Inc.		2,841		76,082
Sauer-Danfoss, Inc.*		1,500		31,935
Sun Hydraulics Corp.		1,344		37,887
Tecumseh Products Co., Class A*		2,048		23,491
Tennant Co.		1,998		61,738
Thermadyne Holdings Corp.*		743		10,499
Timken Co.		16,000		613,760
Titan International, Inc.		3,734		50,670
Trimas Corp.*		1,642		24,384
Trinity Industries, Inc.		124,400		2,770,388
Twin Disc, Inc.		938		13,085
Wabash National Corp.*		159,970		1,294,157
Watts Water Technologies, Inc., Class A		45,092		1,535,383
Xerium Technologies, Inc.*		700		9,226

				26,360,970

*Marine (0.1%*)
American Commercial Lines, Inc.*		1,085		30,250
Baltic Trading Ltd.		1,416		15,590
Eagle Bulk Shipping, Inc.*		6,672		34,828
Excel Maritime Carriers Ltd.*		3,775		21,216
Genco Shipping & Trading Ltd.*		2,645		42,161
Horizon Lines, Inc., Class A		3,950	$	16,590
International Shipholding Corp		780		22,027
Ultrapetrol Bahamas Ltd.*		2,525		16,210

				198,872

*Professional Services (0.7%*)
Acacia Research Corp. - Acacia Technologies*		3,489		61,406
Administaff, Inc.		46,370		1,248,744
Advisory Board Co.*		1,605		70,861
Barrett Business Services, Inc.		873		13,261
CBIZ, Inc.*		5,480		32,496
CDI Corp.		1,257		16,240
Corporate Executive Board Co.		3,400		107,304
CoStar Group, Inc.*		2,132		103,850
CRA International, Inc.*		1,139		20,559
Dolan Co.*		2,900		32,973
Exponent, Inc.*		1,510		50,721
Franklin Covey Co.*		1,800		14,310
GP Strategies Corp.*		2,200		19,998
Heidrick & Struggles International, Inc.		1,803		35,122
Hill International, Inc.*		3,490		15,635
Hudson Highland Group, Inc.*		2,968		10,210
Huron Consulting Group, Inc.*		2,247		49,412
ICF International, Inc.*		1,691		42,393
Kelly Services, Inc., Class A*		2,756		32,328
Kforce, Inc.*		3,136		43,026
Korn/Ferry International*		4,714		77,970
LECG Corp.*		2,087		2,296
Mistras Group, Inc.*		1,400		16,212
Navigant Consulting, Inc.*		4,885		56,813
On Assignment, Inc.*		3,170		16,642
Resources Connection, Inc.		4,776		65,718
School Specialty, Inc.*		1,926		25,057
SFN Group, Inc.*		5,950		35,759
TrueBlue, Inc.*		4,360		59,514
Volt Information Sciences, Inc.*		1,600		11,520
VSE Corp.		440		15,519

				2,403,869

*Road & Rail (0.9%*)
Amerco, Inc.*		900		71,532
Arkansas Best Corp.		2,691		65,203
Avis Budget Group, Inc.*		10,502		122,348
Celadon Group, Inc.*		2,174		30,023
Dollar Thrifty Automotive Group, Inc.*		3,040		152,426
Genesee & Wyoming, Inc., Class A*		51,990		2,255,846
Heartland Express, Inc.		4,960		73,755
Knight Transportation, Inc.		6,360		122,939
Marten Transport Ltd.		1,860		43,115
Old Dominion Freight Line, Inc.*		4,341		110,348
P.A.M. Transportation Services, Inc.*		338		4,252
Patriot Transportation Holding, Inc.*		180		12,623
RailAmerica, Inc.*		2,800		26,964
Roadrunner Transportation Systems, Inc.*		861		9,333
Saia, Inc.*		1,690		25,232
Universal Truckload Services, Inc.*		930		14,564
USA Truck, Inc.*		865		12,958
Werner Enterprises, Inc.		4,448		91,139

				3,244,600

*Trading Companies & Distributors (0.5%*)
Aceto Corp.		2,472		16,785
Aircastle Ltd.		5,121		43,426

See Notes to Portfolio of Investments.

148

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Applied Industrial Technologies, Inc.		36,220	$	1,108,332
Beacon Roofing Supply, Inc.*		4,520		65,857
BlueLinx Holdings, Inc.*		400		1,596
CAI International, Inc.*		1,143		17,339
DXP Enterprises, Inc.*		882		16,740
H&E Equipment Services, Inc.*		3,230		25,743
Houston Wire & Cable Co.		1,550		15,547
Interline Brands, Inc.*		3,415		61,607
Kaman Corp.		2,910		76,271
Lawson Products, Inc.		390		5,955
RSC Holdings, Inc.*		4,610		34,391
Rush Enterprises, Inc., Class A*		3,110		47,707
TAL International Group, Inc.		1,724		41,755
Textainer Group Holdings Ltd.		1,071		28,639
Titan Machinery, Inc.*		1,344		21,907
United Rentals, Inc.*		6,100		90,524
Watsco, Inc.		2,850		158,688

				1,878,809

Total Industrials				68,016,848

Information Technology (7.1%)
*Communications Equipment* (*0.9%*)
Acme Packet, Inc.*		4,554		172,779
ADC Telecommunications, Inc.*		10,068		127,562
ADTRAN, Inc.		6,390		225,567
Anaren, Inc.*		1,527		25,638
Arris Group, Inc.*		13,220		129,159
Aruba Networks, Inc.*		7,577		161,693
Aviat Networks, Inc.*		7,160		29,284
Bel Fuse, Inc., Class B		1,280		26,650
BigBand Networks, Inc.*		4,900		13,916
Black Box Corp.		1,794		57,516
Blue Coat Systems, Inc.*		4,261		102,520
Calix, Inc.*		596		8,559
Comtech Telecommunications Corp.*		2,967		81,147
DG FastChannel, Inc.*		2,657		57,790
Digi International, Inc.*		3,100		29,419
EMS Technologies, Inc.*		1,647		30,684
Emulex Corp.*		8,542		89,178
Extreme Networks, Inc.*		8,260		25,689
Finisar Corp.*		7,749		145,604
Globecomm Systems, Inc.*		2,820		23,603
Harmonic, Inc.*		9,430		64,878
Hughes Communications, Inc.*		933		25,424
Infinera Corp.*		8,997		104,995
InterDigital, Inc.*		4,400		130,284
Ixia*		3,264		40,474
KVH Industries, Inc.*		1,300		19,513
Loral Space & Communications, Inc.*		1,138		59,404
Meru Networks, Inc.*		468		8,068
NETGEAR, Inc.*		3,711		100,234
Network Engines, Inc.*		3,351		4,892
Network Equipment Technologies, Inc.*		3,900		13,455
Occam Networks, Inc.*		986		7,720
Oclaro, Inc.*		5,081		81,347
Oplink Communications, Inc.*		2,216		43,965
Opnext, Inc.*		3,992		6,267
PC-Tel, Inc.*		2,290		14,061
Plantronics, Inc.		5,071		171,298
Powerwave Technologies, Inc.*		11,880		21,622
Riverbed Technology, Inc.*		6,537		297,956
SeaChange International, Inc.*		2,890		21,415
ShoreTel, Inc.*		5,400		26,784
Sonus Networks, Inc.*		21,794		76,933
Sycamore Networks, Inc.		1,997	$	64,723
Symmetricom, Inc.*		5,400		30,888
Tekelec*		7,005		90,785
UTStarcom, Inc.*		12,474		27,069
ViaSat, Inc.*		3,341		137,348

				3,255,759

*Computers & Peripherals* (*0.3%*)
Avid Technology, Inc.*		2,953		38,714
Compellent Technologies, Inc.*		2,434		44,250
Cray, Inc.*		3,818		25,199
Electronics for Imaging, Inc.*		4,757		57,655
Hutchinson Technology, Inc.*		2,091		7,256
Hypercom Corp.*		4,401		28,606
Imation Corp.*		3,046		28,419
Immersion Corp.*		3,153		18,634
Intermec, Inc.*		5,110		62,648
Intevac, Inc.*		2,100		21,021
Isilon Systems, Inc.*		2,810		62,607
Netezza Corp.*		5,250		141,487
Novatel Wireless, Inc.*		3,078		24,255
Presstek, Inc.*		2,483		5,438
Quantum Corp.*		23,500		49,820
Rimage Corp.*		977		16,062
Silicon Graphics International Corp.*		3,570		27,703
STEC, Inc.*		4,206		52,365
Stratasys, Inc.*		2,205		61,122
Super Micro Computer, Inc.*		2,499		25,965
Synaptics, Inc.*		3,564		100,291
Xyratex Ltd.*		3,101		46,019

				945,536

*Electronic Equipment, Instruments & Components* (*1.9%*)
Agilysys, Inc.*		2,080		13,520
Anixter International, Inc.*		2,938		158,623
Benchmark Electronics, Inc.*		166,608		2,732,371
Brightpoint, Inc.*		6,987		48,839
Checkpoint Systems, Inc.*		4,128		84,005
Cogent, Inc.*		5,153		54,828
Cognex Corp.		3,910		104,866
Coherent, Inc.*		2,569		102,786
Comverge, Inc.*		2,600		20,436
CPI International, Inc.*		790		11,060
CTS Corp.		3,545		34,103
Daktronics, Inc.		3,541		34,773
DDi Corp.		1,588		14,673
DTS, Inc.*		1,826		69,698
Echelon Corp.*		3,020		25,821
Electro Rent Corp.		2,140		28,419
Electro Scientific Industries, Inc.*		3,230		35,885
FARO Technologies, Inc.*		1,679		36,619
Gerber Scientific, Inc.*		2,298		14,179
ICx Technologies, Inc.*		1,780		13,439
Insight Enterprises, Inc.*		4,866		76,104
IPG Photonics Corp.*		2,680		64,695
Keithley Instruments, Inc.		991		21,316
L-1 Identity Solutions, Inc.*		7,929		93,007
Littelfuse, Inc.*		2,258		98,675
Maxwell Technologies, Inc.*		2,648		38,687
Measurement Specialties, Inc.*		1,611		29,771
Mercury Computer Systems, Inc.*		2,540		30,556
Methode Electronics, Inc.		4,290		38,953
Microvision, Inc.*		10,620		23,258
MTS Systems Corp.		1,710		53,010
Multi-Fineline Electronix, Inc.*		1,220		26,828
Newport Corp.*		3,934		44,612

See Notes to Portfolio of Investments.

149

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
OSI Systems, Inc.*		1,652	$	60,001
Park Electrochemical Corp.		2,330		61,372
PC Connection, Inc.*		1,670		11,406
Plexus Corp.*		4,320		126,792
Power-One, Inc.*		7,254		65,939
RadiSys Corp.*		2,593		24,426
Richardson Electronics Ltd.		1,279		13,429
Rofin-Sinar Technologies, Inc.*		71,331		1,810,381
Rogers Corp.*		1,665		52,414
Sanmina-SCI Corp.*		8,180		98,814
Scansource, Inc.*		2,794		77,506
SMART Modular Technologies (WWH), Inc.*		5,318		32,068
Spectrum Control, Inc.*		1,366		20,107
SYNNEX Corp.*		2,218		62,415
Technitrol, Inc.		5,170		22,800
Tessco Technologies, Inc.		359		5,410
TTM Technologies, Inc.*		8,433		82,559
Universal Display Corp.*		3,070		72,145
X-Rite, Inc.*		4,200		15,918
Zygo Corp.*		1,970		19,306

				7,013,623

*Internet Software & Services* (*0.6%*)
Ancestry.com, Inc.*		1,935		44,041
Archipelago Learning, Inc.*		1,000		11,970
Art Technology Group, Inc.*		15,560		64,263
comScore, Inc.*		2,540		59,741
Constant Contact, Inc.*		2,932		62,833
DealerTrack Holdings, Inc.*		4,280		73,102
Dice Holdings, Inc.*		2,140		18,147
Digital River, Inc.*		4,216		143,513
DivX, Inc.*		3,461		32,983
EarthLink, Inc.		10,564		96,027
GSI Commerce, Inc.*		6,890		170,183
InfoSpace, Inc.*		4,120		35,679
Internap Network Services Corp.*		5,730		28,134
Internet Brands, Inc., Class A*		3,460		45,949
Internet Capital Group, Inc.*		3,996		44,076
j2 Global Communications, Inc.*		4,594		109,291
Keynote Systems, Inc.		1,720		19,986
KIT Digital, Inc.*		1,920		23,021
Knot, Inc.*		2,710		24,742
Limelight Networks, Inc.*		4,440		26,107
Liquidity Services, Inc.*		1,534		24,559
LivePerson, Inc.*		5,000		42,000
Local.com Corp.*		1,518		6,710
LogMeIn, Inc.*		1,517		54,582
LoopNet, Inc.*		2,081		24,639
Marchex, Inc., Class B		1,220		6,649
ModusLink Global Solutions, Inc.*		4,420		28,067
Move, Inc.*		17,990		40,118
NIC, Inc.		6,070		50,320
OpenTable, Inc.*		1,628		110,834
Openwave Systems, Inc.*		7,200		12,240
Perficient, Inc.*		2,549		23,298
QuinStreet, Inc.*		1,340		20,140
Rackspace Hosting, Inc.*		10,062		261,411
RealNetworks, Inc.*		9,720		31,687
Saba Software, Inc.*		2,890		15,722
SAVVIS, Inc.*		3,884		81,875
Stamps.com, Inc.*		1,019		13,247
support.com, Inc.*		4,839		22,163
TechTarget, Inc.*		2,010		10,552
Terremark Worldwide, Inc.*		5,730		59,248
Travelzoo, Inc.*		400		10,304
United Online, Inc.		8,290	$	47,419
ValueClick, Inc.*		8,140		106,471
Vocus, Inc.*		1,712		31,638
Zix Corp.*		5,000		14,200

				2,283,881

*IT Services* (*0.6%*)
Acxiom Corp.*		6,920		109,751
CACI International, Inc., Class A*		3,079		139,356
Cass Information Systems, Inc.		1,070		36,712
CIBER, Inc.*		6,050		18,210
Computer Task Group, Inc.*		1,742		13,309
CSG Systems International, Inc.*		3,470		63,258
Diamond Management & Technology Consultants, Inc.		2,445		30,562
Echo Global Logistics, Inc.*		989		12,630
Euronet Worldwide, Inc.*		4,810		86,532
ExlService Holdings, Inc.*		1,820		35,399
Forrester Research, Inc.*		1,566		51,803
Global Cash Access Holdings, Inc.*		5,068		20,677
Hackett Group, Inc.*		3,469		14,327
Heartland Payment Systems, Inc.		4,200		63,924
iGATE Corp.		2,443		44,316
Integral Systems, Inc.*		2,410		17,786
Lionbridge Technologies, Inc.*		6,414		27,580
ManTech International Corp., Class A*		2,262		89,575
MAXIMUS, Inc.		1,866		114,908
MoneyGram International, Inc.*		9,500		23,180
NCI, Inc., Class A*		708		13,395
Online Resources Corp.*		1,880		8,347
RightNow Technologies, Inc.*		2,070		40,779
Sapient Corp.		10,649		127,469
SRA International, Inc., Class A*		4,495		88,641
Syntel, Inc.		1,415		62,967
TeleTech Holdings, Inc.*		3,100		46,004
Tier Technologies, Inc.*		1,581		8,759
TNS, Inc.*		2,850		48,308
Unisys Corp.*		4,442		123,932
VeriFone Systems, Inc.*		8,893		276,306
Virtusa Corp.*		1,940		18,799
Wright Express Corp.*		4,015		143,376

				2,020,877

*Semiconductors & Semiconductor Equipment* (*1.5%*)
Actel Corp.*		2,301		36,701
Advanced Analogic Technologies, Inc.*		4,686		16,448
Advanced Energy Industries, Inc.*		3,860		50,412
Alpha & Omega Semiconductor Ltd.*		393		4,464
Amkor Technology, Inc.*		10,920		71,744
ANADIGICS, Inc.*		7,560		46,040
Applied Micro Circuits Corp.*		6,996		69,960
ATMI, Inc.*		3,273		48,637
Axcelis Technologies, Inc.*		10,177		19,642
AXT, Inc.*		2,972		19,675
Brooks Automation, Inc.*		7,340		49,251
Cabot Microelectronics Corp.*		2,630		84,633
Cavium Networks, Inc.*		4,579		131,692
CEVA, Inc.*		2,131		30,473
Cirrus Logic, Inc.*		6,835		121,936
Cohu, Inc.		124,708		1,570,074
Conexant Systems, Inc.*		8,024		13,159
Cymer, Inc.*		3,163		117,284
Diodes, Inc.*		3,541		60,516
DSP Group, Inc.*		2,910		20,370

See Notes to Portfolio of Investments.

150

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Energy Conversion Devices, Inc.*		5,456	$	27,389
Entegris, Inc.*		13,150		61,410
Entropic Communications, Inc.*		5,777		55,459
Evergreen Solar, Inc.*		23,030		16,904
Exar Corp.*		4,580		27,434
FEI Co.*		3,963		77,556
FormFactor, Inc.*		4,910		42,226
FSI International, Inc.*		3,236		8,608
GSI Technology, Inc.*		2,063		11,821
GT Solar International, Inc.*		6,151		51,484
Hittite Microwave Corp.*		2,803		133,563
Ikanos Communications, Inc.*		2,821		3,357
Integrated Device Technology, Inc.*		16,711		97,759
Integrated Silicon Solution, Inc.*		2,557		22,016
IXYS Corp.*		3,040		29,032
Kopin Corp.*		6,190		21,974
Kulicke & Soffa Industries, Inc.*		7,352		45,509
Lattice Semiconductor Corp.*		12,328		58,558
LTX-Credence Corp.*		15,109		31,578
Mattson Technology, Inc.*		4,838		13,304
MaxLinear, Inc., Class A*		636		7,136
Micrel, Inc.		5,133		50,611
Microsemi Corp.*		8,513		145,998
Microtune, Inc.*		7,370		21,373
Mindspeed Technologies, Inc.*		3,310		25,719
MIPS Technologies, Inc.*		4,815		46,850
MKS Instruments, Inc.*		5,136		92,345
Monolithic Power Systems, Inc.*		3,396		55,457
MoSys, Inc.*		2,361		11,522
Nanometrics, Inc.*		1,743		26,232
Netlogic Microsystems, Inc.*		6,503		179,353
NVE Corp.*		590		25,388
OmniVision Technologies, Inc.*		5,589		128,771
PDF Solutions, Inc.*		1,903		7,041
Pericom Semiconductor Corp.*		3,170		27,547
Photronics, Inc.*		5,834		30,862
PLX Technology, Inc.*		3,160		11,439
Power Integrations, Inc.		2,530		80,429
RF Micro Devices, Inc.*		29,032		178,256
Rubicon Technology, Inc.*		1,475		33,468
Rudolph Technologies, Inc.*		3,411		28,345
Semtech Corp.*		6,404		129,297
Sigma Designs, Inc.*		3,620		41,594
Silicon Image, Inc.*		8,024		38,355
Spansion, Inc., Class A*		1,180		17,665
Standard Microsystems Corp.*		2,262		51,596
Supertex, Inc.*		1,040		23,005
Tessera Technologies, Inc.*		5,402		99,937
Trident Microsystems, Inc.*		8,710		14,894
TriQuint Semiconductor, Inc.*		16,002		153,619
Ultra Clean Holdings, Inc.*		2,077		17,904
Ultratech, Inc.*		2,467		42,186
Veeco Instruments, Inc.*		4,233		147,605
Volterra Semiconductor Corp.*		2,551		54,898
Zoran Corp.*		5,456		41,684

				5,508,433

*Software* (*1.3%*)
ACI Worldwide, Inc.*		3,390		75,902
Actuate Corp.*		5,750		29,613
Advent Software, Inc.*		1,730		90,289
American Software, Inc., Class A		3,330		19,647
ArcSight, Inc.*		2,532		110,294
Ariba, Inc.*		9,320		176,148
Aspen Technology, Inc.*		6,401		66,378
Blackbaud, Inc.		4,900		117,796
Blackboard, Inc.*		3,549	$	127,906
Bottomline Technologies, Inc.*		2,885		44,314
CDC Corp., Class A*		3,181		13,456
CommVault Systems, Inc.*		4,469		116,328
Concur Technologies, Inc.*		4,120		203,693
Deltek, Inc.*		2,490		19,945
DemandTec, Inc.*		1,690		15,903
Digimarc Corp.*		550		12,903
Ebix, Inc.*		2,630		61,674
Epicor Software Corp.*		5,560		48,372
EPIQ Systems, Inc.		3,428		42,027
ePlus, Inc.*		600		12,870
Fair Isaac Corp.		4,326		106,679
FalconStor Software, Inc.*		2,470		7,558
Fortinet, Inc.*		4,094		102,350
Interactive Intelligence, Inc.*		1,422		25,027
Jack Henry & Associates, Inc.		8,671		221,111
JDA Software Group, Inc.*		4,301		109,073
Kenexa Corp.*		2,160		37,843
Lawson Software, Inc.*		14,399		121,960
Magma Design Automation, Inc.*		5,000		18,500
Manhattan Associates, Inc.*		2,270		66,624
Mentor Graphics Corp.*		11,185		118,225
MicroStrategy, Inc., Class A*		980		84,878
Monotype Imaging Holdings, Inc.*		2,740		25,071
NetScout Systems, Inc.*		3,112		63,827
NetSuite, Inc.*		2,040		48,083
Opnet Technologies, Inc.		1,447		26,263
Parametric Technology Corp.*		11,954		233,581
Pegasystems, Inc.		1,654		51,357
Progress Software Corp.*		4,270		141,337
PROS Holdings, Inc.*		1,902		17,651
QAD, Inc.*		2,190		9,110
QLIK Technologies, Inc.*		1,387		30,583
Quest Software, Inc.*		6,161		151,499
Radiant Systems, Inc.*		2,970		50,787
RealD, Inc.*		1,501		27,753
RealPage, Inc.*		1,467		27,990
Renaissance Learning, Inc.		1,296		13,206
Rosetta Stone, Inc.*		1,039		22,068
S1 Corp.*		4,690		24,435
Smith Micro Software, Inc.*		3,380		33,597
SolarWinds, Inc.*		3,615		62,395
Sonic Solutions, Inc.*		2,566		29,201
Sourcefire, Inc.*		2,834		81,733
SRS Labs, Inc.*		1,800		16,812
SS&C Technologies Holdings, Inc.*		1,058		16,716
SuccessFactors, Inc.*		6,532		164,019
Synchronoss Technologies, Inc.*		2,190		39,004
Take-Two Interactive Software, Inc.*		7,463		75,675
Taleo Corp., Class A*		4,250		123,208
TeleCommunication Systems, Inc., Class A*		4,943		19,327
THQ, Inc.*		7,760		31,195
TIBCO Software, Inc.*		17,077		302,946
TiVo, Inc.*		11,895		107,769
Tyler Technologies, Inc.*		3,295		66,427
Ultimate Software Group, Inc.*		2,610		100,850
Unica Corp.*		2,020		42,380
VASCO Data Security International, Inc.*		3,430		22,295
VirnetX Holding Corp.		3,302		48,473
Wave Systems Corp., Class A*		8,239		18,455

See Notes to Portfolio of Investments.

151

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Websense, Inc.*		4,440	$	78,766

				4,871,130

Total Information Technology				25,899,239

Materials (6.0%)
*Chemicals* (*3.0%*)
A. Schulman, Inc.		3,266		65,810
American Vanguard Corp.		2,560		15,821
Arch Chemicals, Inc.		2,440		85,620
Balchem Corp.		2,940		90,728
Cabot Corp.		59,000		1,921,630
Calgon Carbon Corp.*		6,130		88,885
Ferro Corp.*		8,925		115,043
Georgia Gulf Corp.*		3,469		56,683
H.B. Fuller Co.		5,110		101,536
Hawkins, Inc.		892		31,595
Innophos Holdings, Inc.		2,195		72,655
KMG Chemicals, Inc.		522		7,355
Koppers Holdings, Inc.		2,157		57,959
Kraton Performance Polymers, Inc.*		1,211		32,879
Landec Corp.*		2,663		16,537
LSB Industries, Inc.*		1,540		28,598
Minerals Technologies, Inc.		1,900		111,948
NewMarket Corp.		1,086		123,456
NL Industries, Inc.		1,200		10,896
Olin Corp.		8,304		167,409
OM Group, Inc.*		3,219		96,956
Omnova Solutions, Inc.*		5,100		36,669
PolyOne Corp.*		9,390		113,525
Quaker Chemical Corp.		1,203		39,170
Rockwood Holdings, Inc.*		5,386		169,497
RPM International, Inc.		119,850		2,387,412
Senomyx, Inc.*		3,640		14,487
Sensient Technologies Corp.		39,440		1,202,526
Solutia, Inc.*		12,698		203,422
Spartech Corp.*		3,365		27,627
Stepan Co.		799		47,229
STR Holdings, Inc.*		2,899		62,444
TPC Group, Inc.*		703		16,745
W.R. Grace & Co.*		7,530		210,388
Westlake Chemical Corp.		105,527		3,158,423
Zep, Inc.		2,296		40,042
Zoltek Cos., Inc.*		2,540		24,689

				11,054,294

*Construction Materials* (*0.0%*)
Headwaters, Inc.*		7,070		25,452
Texas Industries, Inc.		2,197		69,249
United States Lime & Minerals, Inc.*		320		12,371

				107,072

*Containers & Packaging* (*0.6%*)
AEP Industries, Inc.*		450		10,629
AptarGroup, Inc.		30,750		1,404,352
Boise, Inc.*		7,244		47,013
Graham Packaging Co., Inc.*		2,068		24,444
Graphic Packaging Holding Co.*		13,090		43,721
Myers Industries, Inc.		3,790		32,556
Rock-Tenn Co., Class A		3,981		198,294
Silgan Holdings, Inc.		5,480		173,716

				1,934,725

*Metals & Mining* (*2.0%*)
A.M. Castle & Co.*		1,797		23,810
Allied Nevada Gold Corp.*		7,766		205,799
AMCOL International Corp.		2,670		69,927
Brush Engineered Materials, Inc.*		2,126		60,464
Capital Gold Corp.*		4,540	$	21,928
Century Aluminum Co.*		6,756		88,977
Coeur d’Alene Mines Corp.*		9,164		182,547
General Moly, Inc.*		7,256		26,557
Globe Specialty Metals, Inc.*		6,309		88,578
Golden Star Resources Ltd.*		26,529		131,053
Haynes International, Inc.		1,420		49,586
Hecla Mining Co.*		25,264		159,669
Horsehead Holding Corp.*		4,970		49,054
Jaguar Mining, Inc.*		8,650		56,225
Kaiser Aluminum Corp.		1,493		63,886
Metals USA Holdings Corp.*		1,045		13,564
Molycorp, Inc.*		2,656		75,138
Noranda Aluminum Holding Corp.*		938		7,710
Olympic Steel, Inc.		991		22,783
Reliance Steel & Aluminum Co.		71,800		2,981,854
RTI International Metals, Inc.*		3,169		97,035
Steel Dynamics, Inc.		149,500		2,109,445
Stillwater Mining Co.*		4,637		78,087
Thompson Creek Metals Co., Inc.*		14,383		155,049
U.S. Energy Corp. Wyoming*		2,442		11,087
U.S. Gold Corp.*		9,388		46,658
United States Steel Corp.		4,600		201,664
Universal Stainless & Alloy Products, Inc.*		739		18,150
Worthington Industries, Inc.		6,374		95,801

				7,192,085

*Paper & Forest Products* (*0.4%*)
Buckeye Technologies, Inc.		3,810		56,045
Clearwater Paper Corp.*		1,176		89,470
Deltic Timber Corp.		1,120		50,176
KapStone Paper and Packaging Corp.*		3,860		46,861
Louisiana-Pacific Corp.*		13,260		100,378
Neenah Paper, Inc.		1,572		23,894
P.H. Glatfelter Co.		72,073		876,408
Schweitzer-Mauduit International, Inc.		1,920		111,955
Wausau Paper Corp.*		5,140		42,611

				1,397,798

Total Materials				21,685,974

Telecommunication Services (0.3%)
*Diversified Telecommunication Services* (*0.2%*)
AboveNet, Inc.*		2,332		121,474
Alaska Communications Systems Group, Inc.		4,589		46,578
Atlantic Tele-Network, Inc.		977		48,107
Cbeyond, Inc.*		2,689		34,500
Cincinnati Bell, Inc.*		21,520		57,458
Cogent Communications Group, Inc.*		4,300		40,721
Consolidated Communications Holdings, Inc.		2,452		45,779
General Communication, Inc., Class A*		5,410		53,938
Global Crossing Ltd.*		3,460		44,496
Globalstar, Inc.*		6,378		11,098
IDT Corp., Class B*		1,345		23,927
Iridium Communications, Inc.*		3,505		29,933
Neutral Tandem, Inc.*		3,349		40,020
PAETEC Holding Corp.*		13,632		56,027
Premiere Global Services, Inc.*		6,286		44,505
Vonage Holdings Corp.*		10,692		27,265

				725,826

*Wireless Telecommunication Services* (*0.1%*)
FiberTower Corp.*		4,415		18,719

See Notes to Portfolio of Investments.

152

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
ICO Global Communications Holdings Ltd.*		8,980	$	14,727
NTELOS Holdings Corp.		3,230		54,652
Shenandoah Telecommunications Co.		2,511		45,625
Syniverse Holdings, Inc.*		7,510		170,252
USA Mobility, Inc.		1,923		30,826

				334,801

Total Telecommunication Services				1,060,627

Utilities (2.6%)
*Electric Utilities* (*1.4%*)
Allete, Inc.		3,170		115,483
Central Vermont Public Service Corp.		1,151		23,216
Cleco Corp.		6,230		184,533
El Paso Electric Co.*		4,490		106,772
Empire District Electric Co.		3,760		75,764
IDACORP, Inc.		5,130		184,270
MGE Energy, Inc.		2,330		92,245
NV Energy, Inc.		191,600		2,519,540
PNM Resources, Inc.		126,634		1,442,361
Portland General Electric Co.		8,260		167,513
UIL Holdings Corp.		5,228		147,220
UniSource Energy Corp.		3,910		130,711
Unitil Corp.		650		14,267

				5,203,895

*Gas Utilities* (*1.0%*)
Atmos Energy Corp.		12,900		377,325
Chesapeake Utilities Corp.		1,185		42,921
Energen Corp.		35,900		1,641,348
Laclede Group, Inc.		2,550		87,771
New Jersey Resources Corp.		4,320		169,430
Nicor, Inc.		4,687		214,758
Northwest Natural Gas Co.		2,950		139,978
Piedmont Natural Gas Co., Inc.		7,770		225,330
South Jersey Industries, Inc.		3,017		149,251
Southwest Gas Corp.		4,500		151,155
WGL Holdings, Inc.		5,500		207,790

				3,407,057

*Independent Power Producers & Energy Traders* (*0.0%*)
Dynegy, Inc.*		10,549		51,374

*Multi-Utilities* (*0.1%*)
Avista Corp.		6,100		127,368
Black Hills Corp.		3,970		123,864
CH Energy Group, Inc.		1,820		80,371
NorthWestern Corp.		3,610		102,885

				434,488

*Water Utilities* (*0.1%*)
American States Water Co.		1,749		62,579
Artesian Resources Corp., Class A		300		5,721
Cadiz, Inc.*		1,040		10,670
California Water Service Group		1,950		72,053
Connecticut Water Service, Inc.		1,170		28,022
Consolidated Water Co., Ltd.		1,150		10,902
Middlesex Water Co.		1,800		30,312
SJW Corp.		1,580		38,915
York Water Co.		900		14,427

				273,601

Total Utilities				9,370,415

Total Common Stocks (78.0%) (Cost $248,815,573)				284,660,940

INVESTMENT COMPANIES:
*Investment Companies (0.0%)*
Kayne Anderson Energy Development Co.		780	$	12,519
THL Credit, Inc.		707		8,329

Total Investment Companies (0.0%) (Cost $19,251)				20,848


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Government Securities (0.8%)
Federal Home Loan Bank
0.01%, 10/1/10 (o)(p)	$	3,000,000		2,999,999

Short-Term Investment (19.0%)
BlackRock Liquidity Funds TempFund
0.23%‡		69,519,657		69,519,657

Time Deposit (0.3%)
JPMorgan Chase Nassau
0.000%, 10/1/10		1,004,083		1,004,083

Total Short-Term Investments (20.1%) (Cost/Amortized Cost $73,523,740)				73,523,739

Total Investments (98.1%) (Cost/Amortized Cost $322,358,564)				358,205,527
Other Assets Less Liabilities (1.9%)				6,752,066

Net Assets (100%)			$	364,957,593

*	Non-income producing.

‡	Affiliated company as defined under the Investment Company Act of 1940.

(o)	Discount Note Security. Effective rate calculated as of September 30, 2010.

(p)	Yield to maturity.

See Notes to Portfolio of Investments.

153

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	—	$	128,924,141	$	59,404,484	$	69,519,657	$	50,026	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchase
Russell 2000 Mini Index		1,116		December-10	$	70,094,784	$	75,274,200	$	5,179,416

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	51,230,173	$	—	$	—	$	51,230,173
Consumer Staples		6,482,433		—		—		6,482,433
Energy		26,785,807		—		—		26,785,807
Financials		50,353,325		—		—		50,353,325
Health Care		23,776,099		—		—		23,776,099
Industrials		67,999,625		17,223		—		68,016,848
Information Technology		25,899,239		—		—		25,899,239
Materials		21,685,974		—		—		21,685,974
Telecommunication Services		1,060,627		—		—		1,060,627
Utilities		9,370,415		—		—		9,370,415
Futures		5,179,416		—		—		5,179,416
Investment Companies
Investment Companies		20,848		—		—		20,848
Short-Term Investments		—		73,523,739		—		73,523,739

Total Assets	$	289,843,981	$	73,540,962	$	—	$	363,384,943

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	289,843,981	$	73,540,962	$	—	$	363,384,943

See Notes to Portfolio of Investments.

154

EQ ADVISORS TRUST

EQ/AXA FRANKLIN SMALL CAP VALUE CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	46,679,541
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	123,930,251

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	53,778,975
Aggregate gross unrealized depreciation		(18,695,950	)

Net unrealized appreciation	$	35,083,025

Federal income tax cost of investments	$	323,122,502

See Notes to Portfolio of Investments.

155

EQ ADVISORS TRUST

EQ/BLACKROCK BASIC VALUE EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (6.9%)
*Media* (*6.9%*)
Comcast Corp., Class A		1,380,600	$	23,484,006
Time Warner, Inc.		939,670		28,800,886
Viacom, Inc., Class B		1,419,400		51,368,086
Walt Disney Co.		688,300		22,789,613

Total Consumer Discretionary				126,442,591

Consumer Staples (10.2%)
*Food & Staples Retailing* (*1.2%*)
Kroger Co.		980,000		21,226,800

*Food Products* (*6.6%*)
Archer-Daniels-Midland Co.		57,400		1,832,208
General Mills, Inc.		393,600		14,382,144
Kraft Foods, Inc., Class A		1,617,429		49,913,859
Unilever N.V. (N.Y. Shares)		1,877,500		56,099,700

				122,227,911

*Household Products* (*2.4%*)
Kimberly-Clark Corp.		684,420		44,521,521

Total Consumer Staples				187,976,232

Energy (14.7%)
*Energy Equipment & Services* (*4.0%*)
Halliburton Co.		1,479,600		48,930,372
Noble Corp.		739,500		24,987,705

				73,918,077

*Oil, Gas & Consumable Fuels* (*10.7%*)
Chevron Corp.		240,400		19,484,420
Devon Energy Corp.		501,000		32,434,740
Exxon Mobil Corp.		1,071,490		66,207,367
Hess Corp.		490,100		28,974,712
Marathon Oil Corp.		478,000		15,821,800
Occidental Petroleum Corp.		70,800		5,543,640
Peabody Energy Corp.		567,700		27,822,977

				196,289,656

Total Energy				270,207,733

Financials (18.8%)
*Capital Markets* (*3.0%*)
Bank of New York Mellon Corp.		883,278		23,080,054
Morgan Stanley		1,287,700		31,780,436

				54,860,490

*Commercial Banks* (*1.4%*)
U.S. Bancorp		426,400		9,218,768
Wells Fargo & Co.		653,100		16,412,403

				25,631,171

*Diversified Financial Services* (*7.0%*)
Bank of America Corp.		3,033,089		39,763,797
Citigroup, Inc.*		8,395,900		32,744,010
JPMorgan Chase & Co.		1,502,290		57,192,180

				129,699,987

*Insurance* (*7.4%*)
ACE Ltd.		474,000		27,610,500
Hartford Financial Services Group, Inc.		488,300		11,206,485
MetLife, Inc.		700,517		26,934,878
Prudential Financial, Inc.		357,465		19,367,454
Travelers Cos., Inc.		983,838		51,257,960

				136,377,277

Total Financials				346,568,925

Health Care (8.2%)
*Biotechnology* (*0.7%*)
Amgen, Inc.*		228,100	$	12,570,591

*Health Care Equipment & Supplies* (*0.8%*)
Baxter International, Inc.		316,000		15,076,360

*Health Care Providers & Services* (*1.1%*)
UnitedHealth Group, Inc.		571,500		20,065,365

*Pharmaceuticals* (*5.6%*)
Bristol-Myers Squibb Co.		231,400		6,273,254
Eli Lilly and Co.		507,600		18,542,628
Johnson & Johnson		221,000		13,693,160
Merck & Co., Inc.		1,048,711		38,603,052
Pfizer, Inc.		1,572,341		26,997,095

				104,109,189

Total Health Care				151,821,505

Industrials (12.5%)
*Aerospace & Defense* (*4.9%*)
Honeywell International, Inc.		730,700		32,106,958
Northrop Grumman Corp.		413,200		25,052,316
Raytheon Co.		708,377		32,379,913

				89,539,187

*Construction & Engineering* (*2.2%*)
Fluor Corp.		631,000		31,253,430
Jacobs Engineering Group, Inc.*		248,300		9,609,210

				40,862,640

*Industrial Conglomerates* (*4.3%*)
General Electric Co.		2,670,300		43,392,375
Tyco International Ltd.		960,050		35,262,636

				78,655,011

*Machinery* (*1.1%*)
Deere & Co		260,600		18,184,668
Illinois Tool Works, Inc.		40,400		1,899,608

				20,084,276

Total Industrials				229,141,114

Information Technology (13.6%)
*Computers & Peripherals* (*1.3%*)
Hewlett-Packard Co.		552,813		23,256,843

*IT Services* (*4.3%*)
International Business Machines Corp.		419,960		56,333,434
Western Union Co.		1,356,800		23,974,656

				80,308,090

*Office Electronics* (*1.3%*)
Xerox Corp.		2,253,387		23,322,555

*Semiconductors & Semiconductor Equipment* (*4.9%*)
Intel Corp.		1,130,400		21,737,592
Lam Research Corp.*		470,900		19,707,165
LSI Corp.*		10,653,701		48,580,877

				90,025,634

*Software* (*1.8%*)
Microsoft Corp.		1,379,300		33,779,057

Total Information Technology				250,692,179

See Notes to Portfolio of Investments.

156

EQ ADVISORS TRUST

EQ/BLACKROCK BASIC VALUE EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Materials (5.1%)
*Chemicals* (*1.5%* )
E.I. du Pont de Nemours & Co.		611,850	$	27,300,747

*Metals & Mining* (*3.6%*)
Alcoa, Inc.		2,708,800		32,803,568
Nucor Corp.		498,200		19,031,240
United States Steel Corp.		356,000		15,607,040

				67,441,848

Total Materials				94,742,595

Telecommunication Services (5.5%)
*Diversified Telecommunication Services* (*4.2%*)
AT&T, Inc.		654,258		18,711,779
Qwest Communications International, Inc.		5,831,700		36,564,759
Verizon Communications, Inc.		698,000		22,747,820

				78,024,358

*Wireless Telecommunication Services* (*1.3%*)
Sprint Nextel Corp.*		4,980,900		23,061,567

Total Telecommunication Services				101,085,925

Utilities (2.7%)
*Electric Utilities* (*1.4%*)
Southern Co.		700,700		26,094,068

*Multi-Utilities* (*1.3%*)
Dominion Resources, Inc.		538,020		23,489,953

Total Utilities				49,584,021

Total Common Stocks (98.2%) (Cost $1,624,286,625)				1,808,262,820


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (1.6%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $29,187,319)	$	29,187,319		29,187,319

Total Investments (99.8%) (Cost/Amortized Cost $1,653,473,944)				1,837,450,139
Other Assets Less Liabilities (0.2%)				3,295,969

Net Assets (100%)			$	1,840,746,108

*	Non-income producing.

See Notes to Portfolio of Investments.

157

EQ ADVISORS TRUST

EQ/BLACKROCK BASIC VALUE EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	126,442,591	$	—	$	—	$	126,442,591
Consumer Staples		187,976,232		—		—		187,976,232
Energy		270,207,733		—		—		270,207,733
Financials		346,568,925		—		—		346,568,925
Health Care		151,821,505		—		—		151,821,505
Industrials		229,141,114		—		—		229,141,114
Information Technology		250,692,179		—		—		250,692,179
Materials		94,742,595		—		—		94,742,595
Telecommunication Services		101,085,925		—		—		101,085,925
Utilities		49,584,021		—		—		49,584,021
Short-Term Investments		—		29,187,319		—		29,187,319

Total Assets	$	1,808,262,820	$	29,187,319	$	—	$	1,837,450,139

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	1,808,262,820	$	29,187,319	$	—	$	1,837,450,139

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	765,084,110
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	723,637,702

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	65,394,702
Aggregate gross unrealized depreciation		(69,406,926	)

Net unrealized depreciation	$	(4,012,224	)

Federal income tax cost of investments	$	1,841,462,363

See Notes to Portfolio of Investments.

158

EQ ADVISORS TRUST

EQ/BLACKROCK INTERNATIONAL VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Australia (5.9%)
National Australia Bank Ltd.		1,627,942	$	39,872,169
Newcrest Mining Ltd.		643,811		24,685,670
Octaviar Ltd.(b)*†		9,487,254		—
Suncorp-Metway Ltd.		2,765,060		24,053,118

Total Australia				88,610,957

Israel (1.8%)
Teva Pharmaceutical Industries Ltd. (ADR)		505,625		26,671,719

Japan (18.8%)
Fujifilm Holdings Corp.		799,500		26,480,804
Hitachi Ltd.		7,307,000		31,948,431
Mitsubishi Corp.		1,342,000		31,845,975
Mitsubishi Heavy Industries Ltd.		6,639,000		24,494,633
Mitsubishi UFJ Financial Group, Inc.		4,930,400		22,974,672
Mitsui Chemicals, Inc.		7,129,000		19,214,483
Nippon Telegraph & Telephone Corp.		671,200		29,306,708
Nissan Motor Co., Ltd.		4,134,500		36,105,061
Sony Corp.		960,700		29,702,524
Sumitomo Corp.		2,551,100		32,881,931

Total Japan				284,955,222

Latin America (4.5%)
*Brazil (3.0%)*
Cyrela Brazil Realty S.A.		1,138,583		16,062,634
Itau Unibanco Holding S.A. (Preference) (ADR)		1,193,770		28,865,358

				44,927,992

*Mexico (1.5%)*
America Movil S.A.B. de C.V. (ADR)		422,239		22,518,006

Total Latin America				67,445,998

Other European Countries (41.2%)
*France (6.2%)*
Sanofi-Aventis S.A.		483,566		32,219,443
Societe Generale S.A.		398,593		22,957,886
Total S.A.		758,494		39,091,011

				94,268,340

*Germany (11.8%)*
Bayer AG		552,512		38,526,793
Bilfinger Berger AG		454,803		31,347,715
Daimler AG (Registered)*		516,517		32,714,428
Deutsche Post AG (Registered)		977,560		17,731,024
Deutsche Telekom AG (Registered)		2,733,628		37,396,615
HeidelbergCement AG		431,326		20,785,983

				178,502,558

*Ireland (2.0%)*
United Business Media Ltd.		3,116,874		30,822,192

*Netherlands (6.6%)*
European Aeronautic Defence and Space Co. N.V.*		971,496		24,229,750
Koninklijke Ahold N.V.		1,722,009		23,212,364
Royal Dutch Shell plc, Class B		1,815,404		52,958,263

				100,400,377

*Spain (8.2%)*
Banco Santander S.A.		3,203,787		40,692,581
Repsol YPF S.A.		1,292,226		33,285,944
Telefonica S.A.		2,033,255		50,350,380

				124,328,905

*Switzerland (6.4%)*
Credit Suisse Group AG (Registered)		513,433		21,944,930
Novartis AG (Registered)		896,453	$	51,407,039
Xstrata plc		1,222,688		23,394,377

				96,746,346

Total Other European Countries				625,068,718

Scandinavia (3.4%)
*Denmark (1.7%)*
Carlsberg A/S, Class B		248,694		25,930,266

*Finland (1.7%)*
KCI Konecranes Oyj		700,189		26,182,831

Total Scandanavia				52,113,097

Southeast Asia (6.3%)
*China (1.3%)*
China Citic Bank Corp., Ltd., Class H		30,538,000		19,482,668

*Hong Kong (1.4%)*
China Mobile Ltd.		2,113,000		21,636,950

*South Korea (1.4%)*
Samsung Electronics Co., Ltd. (GDR)(m)		62,611		21,475,573

*Taiwan (2.2%)*
Quanta Computer, Inc.		7,454,000		12,096,660
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR)		2,004,505		20,325,680

				32,422,340

Total Southeast Asia				95,017,531

United Kingdom (15.5%)
Aviva plc		4,425,107		27,729,137
BHP Billiton plc		1,207,350		38,406,679
British American Tobacco plc		1,063,872		39,683,511
Centrica plc		7,630,536		38,777,327
Ladbrokes plc		9,778,977		20,615,529
Lloyds Banking Group plc*		26,236,991		30,549,069
Tesco plc		5,750,505		38,301,905

Total United Kingdom				234,063,157

Total Common Stocks (97.4%) (Cost $1,389,251,078)				1,473,946,399


	Number of Warrants		Value (Note 1)
WARRANTS:
India (0.3%)
Rolta India Ltd., expiring 5/26/14*†		1,423,162		5,130,794

Luxembourg (1.2%)
Axis Bank Ltd., expiring 8/17/17*		549,557		18,788,530

Switzerland (0.6%)
UBS AG/London, expiring 12/18/12*		1,234,510		8,198,381

Total Warrants (2.1%)
(Cost $24,346,827)				32,117,705

Total Investments (99.5%)
(Cost $1,413,597,905)				1,506,064,104
Other Assets Less Liabilities (0.5%)				8,117,670

Net Assets (100%)			$	1,514,181,774

See Notes to Portfolio of Investments.

159

EQ ADVISORS TRUST

EQ/BLACKROCK INTERNATIONAL VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

*	Non-income producing.

†	Securities (totaling $5,130,794 or 0.3% of net assets) at fair value by management.

(b)

Illiquid Security.

(m)

Regulation S is an exemption for securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States. Resale restrictions may apply for purposes of the Securities Act of 1933.

Glossary:

ADR — American Depositary Receipt

GDR — Global Depositary Receipt


Market Sector Diversification

As a Percentage of Total Net Assets

Consumer Discretionary	11.0	%
Consumer Staples	8.3
Energy	8.3
Financials	20.3
Health Care	9.8
Industrials	12.5
Information Technology	7.7
Materials	8.4
Telecommunication Services	10.6
Utilities	2.6
Cash and Other	0.5

	100.0	%

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	16,062,634	$	149,959,734	$	—	$	166,022,368
Consumer Staples		—		127,128,046		—		127,128,046
Energy		—		125,335,218		—		125,335,218
Financials		28,865,358		250,256,230		—		279,121,588
Health Care		26,671,719		122,153,275		—		148,824,994
Industrials		—		188,713,859		—		188,713,859
Information Technology		20,325,680		92,001,468		—		112,327,148
Materials		—		126,487,192		—		126,487,192
Telecommunication Services		22,518,006		138,690,653		—		161,208,659
Utilities		—		38,777,327		—		38,777,327
Warrants

See Notes to Portfolio of Investments.

160

EQ ADVISORS TRUST

EQ/BLACKROCK INTERNATIONAL VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Financials	$	—	$	26,986,911	$	—	$	26,986,911
Information Technology		—		—		5,130,794		5,130,794

Total Assets	$	114,443,397	$	1,386,489,913	$	5,130,794	$	1,506,064,104

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	114,443,397	$	1,386,489,913	$	5,130,794	$	1,506,064,104

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities- Information Technology
Balance as of 12/31/09	$	5,977,372
Total gains or losses (realized/unrealized) included in earnings		(846,798	)
Purchases, sales, issuances, and settlements (net)		—
Transfers into Level 3		—
Transfers out of Level 3		—

Balance as of 9/30/10	$	5,130,794

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	(846,798	)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	1,427,903,151
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	1,447,127,604

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	135,852,718
Aggregate gross unrealized depreciation		(82,391,238	)

Net unrealized appreciation	$	53,461,480

Federal income tax cost of investments	$	1,452,602,624

See Notes to Portfolio of Investments.

161

EQ ADVISORS TRUST

EQ/BOSTON ADVISORS EQUITY INCOME PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (8.7%)
*Auto Components* (*0.6%*)
Autoliv, Inc.		62,000	$	4,050,460

*Hotels, Restaurants & Leisure* (*0.7%*)
Brinker International, Inc.		227,900		4,298,194

*Household Durables* (*0.6%*)
Whirlpool Corp.		49,000		3,967,040

*Leisure Equipment & Products* (*1.7%*)
Hasbro, Inc.		94,000		4,183,940
Polaris Industries, Inc.		112,800		7,343,280

				11,527,220

*Media* (*3.7%*)
Comcast Corp., Class A		330,303		5,971,878
Meredith Corp.		100,000		3,331,000
News Corp., Class A		302,700		3,953,262
Time Warner Cable, Inc.		214,700		11,591,653

				24,847,793

*Specialty Retail* (*1.4%*)
Gap, Inc.		252,300		4,702,872
Limited Brands, Inc.		174,800		4,681,144

				9,384,016

Total Consumer Discretionary				58,074,723

Consumer Staples (9.5%)
*Beverages* (*0.7%*)
Dr. Pepper Snapple Group, Inc.		124,800		4,432,896

*Food & Staples Retailing* (*2.0%*)
SUPERVALU, Inc.		496,314		5,722,500
Walgreen Co.		125,600		4,207,600
Wal-Mart Stores, Inc.		64,400		3,446,688

				13,376,788

*Food Products* (*3.4%*)
Campbell Soup Co.		183,200		6,549,400
ConAgra Foods, Inc.		347,600		7,626,344
Del Monte Foods Co.		289,100		3,790,101
Sara Lee Corp.		340,500		4,572,915

				22,538,760

*Household Products* (*2.2%*)
Clorox Co.		76,500		5,107,140
Procter & Gamble Co.		162,900		9,769,113

				14,876,253

*Tobacco* (*1.2%*)
Lorillard, Inc.		103,300		8,296,023

Total Consumer Staples				63,520,720

Energy (11.6%)
*Energy Equipment & Services* (*1.3%*)
Seadrill Ltd.		300,700		8,717,293

*Oil, Gas & Consumable Fuels* (*10.3%*)
Chevron Corp.		351,600		28,497,180
CNOOC Ltd. (ADR)		37,900		7,363,970
ConocoPhillips		200,700		11,526,201
Exxon Mobil Corp.		73,400		4,535,386
Occidental Petroleum Corp.		85,200		6,671,160
Spectra Energy Corp.		331,500		7,475,325
Williams Cos., Inc.		159,400	$	3,046,134

				69,115,356

Total Energy				77,832,649

Financials (25.7%)
*Capital Markets* (*3.4%*)
Ameriprise Financial, Inc.		215,800		10,213,814
Apollo Investment Corp.		213,400		2,183,082
Federated Investors, Inc., Class B		308,700		7,026,012
Waddell & Reed Financial, Inc., Class A		126,900		3,471,984

				22,894,892

*Commercial Banks* (*5.7%*)
Bancolombia S.A. (ADR)		73,400		4,817,242
Bank of Hawaii Corp.		102,100		4,586,332
Canadian Imperial Bank of Commerce		53,500		3,875,540
Cullen/Frost Bankers, Inc.		101,600		5,473,192
PNC Financial Services Group, Inc.		104,200		5,409,022
Wells Fargo & Co.		561,100		14,100,443

				38,261,771

*Consumer Finance* (*0.7%*)
American Express Co.		103,800		4,362,714

*Diversified Financial Services* (*3.9%*)
Bank of America Corp.		469,460		6,154,621
Citigroup, Inc.*		421,400		1,643,460
JPMorgan Chase & Co.		327,700		12,475,539
NYSE Euronext		199,200		5,691,144

				25,964,764

*Insurance* (*6.5%*)
Aspen Insurance Holdings Ltd.		184,000		5,571,520
Berkshire Hathaway, Inc., Class B*		118,000		9,756,240
Endurance Specialty Holdings Ltd.		250,200		9,957,960
PartnerReinsurance Ltd.		88,300		7,079,894
Sun Life Financial, Inc.		24,404		635,480
Travelers Cos., Inc.		170,000		8,857,000
Unitrin, Inc.		82,400		2,009,736

				43,867,830

*Real Estate Investment Trusts (REITs)* (*3.4%*)
Annaly Capital Management, Inc. (REIT)		281,500		4,954,400
AvalonBay Communities, Inc. (REIT)		46,300		4,811,959
Government Properties Income Trust (REIT)		260,500		6,955,350
Realty Income Corp. (REIT)		177,600		5,988,672

				22,710,381

*Thrifts & Mortgage Finance* (*2.1%*)
Hudson City Bancorp, Inc.		586,900		7,195,394
New York Community Bancorp, Inc.		415,800		6,756,750

				13,952,144

Total Financials				172,014,496

Health Care (12.4%)
*Health Care Equipment & Supplies* (*0.6%*)
Medtronic, Inc.		118,000		3,962,440

*Health Care Providers & Services* (*3.3%*)
AmerisourceBergen Corp.		195,500		5,994,030
Cardinal Health, Inc.		252,000		8,326,080
UnitedHealth Group, Inc.		219,500		7,706,645

				22,026,755

*Pharmaceuticals* (*8.5%*)
AstraZeneca plc (ADR)		191,600		9,714,120

See Notes to Portfolio of Investments.

162

EQ ADVISORS TRUST

EQ/BOSTON ADVISORS EQUITY INCOME PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Bristol-Myers Squibb Co.		123,300	$	3,342,663
Eli Lilly and Co.		226,160		8,261,625
Johnson & Johnson		212,320		13,155,347
Merck & Co., Inc.		125,500		4,619,655
Pfizer, Inc.		624,000		10,714,080
Sanofi-Aventis S.A. (ADR)		217,000		7,215,250

				57,022,740

Total Health Care				83,011,935

Industrials (8.4%)
*Aerospace & Defense* (*0.8%*)
Honeywell International, Inc.		46,600		2,047,604
Raytheon Co.		68,700		3,140,277

				5,187,881

*Commercial Services & Supplies* (*0.5%*)
Avery Dennison Corp.		101,300		3,760,256

*Industrial Conglomerates* (*3.6%*)
General Electric Co.		1,505,800		24,469,250

*Machinery* (*1.8%*)
Caterpillar, Inc.		91,400		7,191,352
Crane Co.		127,500		4,837,350

				12,028,702

*Road & Rail* (*1.5%*)
Norfolk Southern Corp.		55,800		3,320,658
Ryder System, Inc.		151,800		6,492,486

				9,813,144

*Trading Companies & Distributors* (*0.2%*)
Textainer Group Holdings Ltd.		49,100		1,312,934

Total Industrials				56,572,167

Information Technology (5.4%)
*Communications Equipment* (*1.0%*)
Nokia Oyj (ADR)		136,600		1,370,098
Tellabs, Inc.		668,900		4,983,305

				6,353,403

*IT Services* (*1.1%*)
International Business Machines Corp.		53,900		7,230,146

*Office Electronics* (*0.2%*)
Canon, Inc. (ADR)		31,200		1,457,664

*Semiconductors & Semiconductor Equipment* (*1.6%*)
Intel Corp.		570,200		10,964,946

*Software* (*1.5%*)
Microsoft Corp.		421,400		10,320,086

Total Information Technology				36,326,245

Materials (3.6%)
*Chemicals* (*2.7%*)
E.I. du Pont de Nemours & Co.		77,100		3,440,202
Eastman Chemical Co.		121,700		9,005,800
Lubrizol Corp.		56,600		5,997,902

				18,443,904

*Metals & Mining* (*0.9%*)
Southern Copper Corp.		165,600		5,815,872

Total Materials				24,259,776

Telecommunication Services (4.7%)
*Diversified Telecommunication Services* (*3.4%*)
AT&T, Inc.		369,500	$	10,567,700
Qwest Communications International, Inc.		878,900		5,510,703
Verizon Communications, Inc.		204,600		6,667,914

				22,746,317

*Wireless Telecommunication Services* (*1.3%*)
Mobile Telesystems OJSC (ADR)		161,800		3,435,014
Rogers Communications, Inc., Class B		139,800		5,232,714

				8,667,728

Total Telecommunication Services				31,414,045

Utilities (6.6%)
*Electric Utilities* (*1.5%*)
Northeast Utilities		152,300		4,503,511
Pinnacle West Capital Corp.		133,500		5,509,545

				10,013,056

*Gas Utilities* (*2.2%*)
Atmos Energy Corp.		189,200		5,534,100
Questar Corp.		386,500		6,775,345
UGI Corp.		86,900		2,486,209

				14,795,654

*Multi-Utilities* (*2.9%*)
CMS Energy Corp.		374,900		6,755,698
DTE Energy Co.		83,200		3,821,376
NSTAR		217,000		8,538,950

				19,116,024

Total Utilities				43,924,734

Total Common Stocks (96.6%) (Cost $586,005,762)				646,951,490


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (2.8%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $18,872,441)	$	18,872,441		18,872,441

Total Investments (99.4%) (Cost/Amortized Cost $604,878,203)				665,823,931
Other Assets Less Liabilities (0.6%)				3,940,843

Net Assets (100%)			$	669,764,774

*	Non-income producing.

Glossary:

ADR — American Depositary Receipt

See Notes to Portfolio of Investments.

163

EQ ADVISORS TRUST

EQ/BOSTON ADVISORS EQUITY INCOME PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	58,074,723	$	—	$	—	$	58,074,723
Consumer Staples		63,520,720		—		—		63,520,720
Energy		77,832,649		—		—		77,832,649
Financials		172,014,496		—		—		172,014,496
Health Care		83,011,935		—		—		83,011,935
Industrials		56,572,167		—		—		56,572,167
Information Technology		36,326,245		—		—		36,326,245
Materials		24,259,776		—		—		24,259,776
Telecommunication Services		31,414,045		—		—		31,414,045
Utilities		43,924,734		—		—		43,924,734
Short-Term Investments		—		18,872,441		—		18,872,441

Total Assets	$	646,951,490	$	18,872,441	$	—	$	665,823,931

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	646,951,490	$	18,872,441	$	—	$	665,823,931

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	318,666,649
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	450,428,882

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	63,245,051
Aggregate gross unrealized depreciation		(19,400,764	)

Net unrealized appreciation	$	43,844,287

Federal income tax cost of investments	$	621,979,644

See Notes to Portfolio of Investments.

164

EQ ADVISORS TRUST

EQ/CALVERT SOCIALLY RESPONSIBLE PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (18.1%)
*Diversified Consumer Services* (*1.4%*)
DeVry, Inc.		13,200	$	649,572
ITT Educational Services, Inc.*		5,400		379,458

				1,029,030

*Hotels, Restaurants & Leisure* (*1.4%*)
Starbucks Corp.		37,900		969,482

*Internet & Catalog Retail* (*2.7%*)
Expedia, Inc.		34,500		973,245
Netflix, Inc.*		6,100		989,176

				1,962,421

*Media* (*4.1%*)
CBS Corp., Class B		51,600		818,376
DIRECTV, Class A*		35,400		1,473,702
Time Warner, Inc.		22,833		699,831

				2,991,909

*Multiline Retail* (*3.3%*)
Dollar Tree, Inc.*		19,800		965,448
Family Dollar Stores, Inc.		20,700		914,112
Nordstrom, Inc.		14,500		539,400

				2,418,960

*Specialty Retail* (*5.2%*)
Bed Bath & Beyond, Inc.*		18,000		781,380
CarMax, Inc.*		32,600		908,236
Ross Stores, Inc.		16,300		890,306
TJX Cos., Inc.		26,700		1,191,621

				3,771,543

Total Consumer Discretionary				13,143,345

Consumer Staples (9.7%)
*Beverages* (*1.0%*)
Dr. Pepper Snapple Group, Inc.		20,100		713,952

*Food & Staples Retailing* (*3.3%*)
CVS Caremark Corp.		24,300		764,721
Walgreen Co.		26,700		894,450
Whole Foods Market, Inc.*		20,200		749,622

				2,408,793

*Food Products* (*2.2%*)
Campbell Soup Co.		21,400		765,050
General Mills, Inc.		22,800		833,112

				1,598,162

*Household Products* (*1.9%*)
Colgate-Palmolive Co.		9,400		722,484
Procter & Gamble Co.		11,300		677,661

				1,400,145

*Personal Products* (*1.3%*)
Estee Lauder Cos., Inc., Class A		15,500		980,065

Total Consumer Staples				7,101,117

Energy (4.0%)
*Energy Equipment & Services* (*3.2%*)
Cameron International Corp.*		17,800		764,688
FMC Technologies, Inc.*		11,700		798,993
Noble Corp.		22,200		750,138

				2,313,819

*Oil, Gas & Consumable Fuels* (*0.8%*)
Southwestern Energy Co.*		18,600	$	621,984

Total Energy				2,935,803

Financials (9.6%)
*Capital Markets* (*0.5%*)
Franklin Resources, Inc.		3,300		352,770

*Commercial Banks* (*3.9%*)
KeyCorp		85,600		681,376
Lloyds Banking Group plc (ADR)*		152,500		703,025
M&T Bank Corp.		9,300		760,833
Regions Financial Corp.		100,100		727,727

				2,872,961

*Consumer Finance* (*1.0%*)
SLM Corp.*		62,700		724,185

*Insurance* (*4.2%*)
Aflac, Inc.		16,300		842,873
Chubb Corp.		13,800		786,462
Prudential Financial, Inc.		12,900		698,922
Travelers Cos., Inc.		14,200		739,820

				3,068,077

Total Financials				7,017,993

Health Care (16.2%)
*Biotechnology* (*2.1%*)
Amgen, Inc.*		11,300		622,743
Gilead Sciences, Inc.*		25,400		904,494

				1,527,237

*Health Care Equipment & Supplies* (*4.8%*)
Edwards Lifesciences Corp.*		11,200		750,960
Intuitive Surgical, Inc.*		2,200		624,228
Medtronic, Inc.		16,500		554,070
Stryker Corp.		13,600		680,680
Varian Medical Systems, Inc.*		14,000		847,000

				3,456,938

*Health Care Providers & Services* (*3.4%*)
AmerisourceBergen Corp.		37,100		1,137,486
McKesson Corp.		11,300		698,114
Quest Diagnostics, Inc.		12,700		640,969

				2,476,569

*Life Sciences Tools & Services* (*0.9%*)
Life Technologies Corp.*		14,300		667,667

*Pharmaceuticals* (*5.0%*)
Allergan, Inc.		12,100		805,013
Bristol-Myers Squibb Co.		26,187		709,930
Forest Laboratories, Inc.*		23,600		729,948
Johnson & Johnson		22,600		1,400,296

				3,645,187

Total Health Care				11,773,598

Industrials (5.3%)
*Electrical Equipment* (*1.3%*)
Cooper Industries plc		19,400		949,242

*Industrial Conglomerates* (*1.0%*)
Koninklijke Philips Electronics N.V. (N.Y. Shares)		23,100		723,492

See Notes to Portfolio of Investments.

165

EQ ADVISORS TRUST

EQ/CALVERT SOCIALLY RESPONSIBLE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Machinery* (*1.2%*)
Cummins, Inc.		9,300	$	842,394

*Trading Companies & Distributors* (*1.8%*)
W.W. Grainger, Inc.		11,100		1,322,121

Total Industrials				3,837,249

Information Technology (29.1%)
*Communications Equipment* (*3.1%*)
Cisco Systems, Inc.*		30,985		678,571
F5 Networks, Inc.*		7,100		737,051
Research In Motion Ltd.*		16,900		822,861

				2,238,483

*Computers & Peripherals* (*6.8%*)
Apple, Inc.*		9,500		2,695,625
Hewlett-Packard Co.		29,300		1,232,651
SanDisk Corp.*		27,900		1,022,535

				4,950,811

*Electronic Equipment, Instruments & Components* (*1.4%*)
Dolby Laboratories, Inc., Class A*		17,400		988,494

*Internet Software & Services* (*3.8%*)
Akamai Technologies, Inc.*		24,900		1,249,482
Google, Inc., Class A*		2,900		1,524,791

				2,774,273

*IT Services* (*8.3%*)
Cognizant Technology Solutions Corp., Class A*		24,200		1,560,174
Infosys Technologies Ltd. (ADR)		21,900		1,474,089
International Business Machines Corp.		16,898		2,266,698
Visa, Inc., Class A		9,800		727,748

				6,028,709

*Semiconductors & Semiconductor Equipment* (*3.4%*)
First Solar, Inc.*		5,300		780,955
Intel Corp.		35,300		678,819
Micron Technology, Inc.*		145,000		1,045,450

				2,505,224

*Software* (*2.3%*)
Microsoft Corp.		38,700		947,763
VMware, Inc., Class A*		8,500		721,990

				1,669,753

Total Information Technology				21,155,747

Materials (3.5%)
*Chemicals* (*3.5%*)
Ecolab, Inc.		15,000		761,100
Lubrizol Corp.		10,100		1,070,297
Praxair, Inc.		8,000		722,080

Total Materials				2,553,477

Telecommunication Services (2.2%)
*Diversified Telecommunication Services* (*1.0%*)
BCE, Inc.		22,800		741,000

*Wireless Telecommunication Services* (*1.2%*)
MetroPCS Communications, Inc.*		80,000		836,800

Total Telecommunication Services				1,577,800

Total Common Stocks (97.7%) (Cost $61,637,312)				71,096,129


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (1.5%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $1,070,884)	$	1,070,884	$	1,070,884

Total Investments (99.2%) (Cost/Amortized Cost $62,708,196)				72,167,013
Other Assets Less Liabilities (0.8%)				605,018

Net Assets (100%)			$	72,772,031

*	Non-income producing.

Glossary:

ADR — American Depositary Receipt

See Notes to Portfolio of Investments.

166

EQ ADVISORS TRUST

EQ/CALVERT SOCIALLY RESPONSIBLE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	13,143,345	$	—	$	—	$	13,143,345
Consumer Staples		7,101,117		—		—		7,101,117
Energy		2,935,803		—		—		2,935,803
Financials		7,017,993		—		—		7,017,993
Health Care		11,773,598		—		—		11,773,598
Industrials		3,837,249		—		—		3,837,249
Information Technology		21,155,747		—		—		21,155,747
Materials		2,553,477		—		—		2,553,477
Telecommunication Services		1,577,800		—		—		1,577,800
Short-Term Investments		—		1,070,884		—		1,070,884

Total Assets	$	71,096,129	$	1,070,884	$	—	$	72,167,013

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	71,096,129	$	1,070,884	$	—	$	72,167,013

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	30,573,151
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	33,687,113

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	12,465,673
Aggregate gross unrealized depreciation		(3,145,248	)

Net unrealized appreciation	$	9,320,425

Federal income tax cost of investments	$	62,846,588

See Notes to Portfolio of Investments.

167

EQ ADVISORS TRUST

EQ/CAPITAL GUARDIAN GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (15.4%)
*Diversified Consumer Services* (*0.3%* )
Strayer Education, Inc.		6,500	$	1,134,250

*Media* (*6.1%*)
Comcast Corp., Class A		122,700		2,218,416
DreamWorks Animation SKG, Inc., Class A*		169,300		5,402,363
Scripps Networks Interactive, Inc., Class A		43,700		2,079,246
Time Warner Cable, Inc.		49,167		2,654,526
Time Warner, Inc.		46,033		1,410,912
Viacom, Inc., Class B		184,600		6,680,674

				20,446,137

*Multiline Retail* (*3.3%*)
Target Corp.		206,950		11,059,408

*Specialty Retail* (*3.8%* )
Lowe’s Cos., Inc.		88,500		1,972,665
Tiffany & Co.		134,500		6,320,155
Urban Outfitters, Inc.*		141,000		4,433,040

				12,725,860

*Textiles, Apparel & Luxury Goods* (*1.9%*)
Coach, Inc.		151,100		6,491,256

Total Consumer Discretionary				51,856,911

Consumer Staples (8.6%)
*Beverages* (*2.7%* )
PepsiCo, Inc.		137,400		9,128,856

*Food Products* (*0.5%* )
General Mills, Inc.		43,100		1,574,874

*Household Products* (*2.0%*)
Colgate-Palmolive Co.		43,800		3,366,468
Procter & Gamble Co.		57,200		3,430,284

				6,796,752

*Personal Products* (*1.5%*)
Alberto-Culver Co.		64,700		2,435,955
Avon Products, Inc.		85,900		2,758,249

				5,194,204

*Tobacco* (*1.9%*)
Philip Morris International, Inc.		112,200		6,285,444

Total Consumer Staples				28,980,130

Energy (9.0%)
*Energy Equipment & Services* (*6.7%*)
Baker Hughes, Inc.		33,700		1,435,620
Halliburton Co.		114,600		3,789,822
Schlumberger Ltd.		164,091		10,109,646
Transocean Ltd.*		28,500		1,832,265
Weatherford International Ltd.*		317,900		5,436,090

				22,603,443

*Oil, Gas & Consumable Fuels* (*2.3%* )
Anadarko Petroleum Corp.		66,800		3,810,940
Cenovus Energy, Inc.		68,700		1,976,499
Noble Energy, Inc.		25,800		1,937,322

				7,724,761

Total Energy				30,328,204

Financials (5.2%)
*Capital Markets* (*3.5%* )
Bank of New York Mellon Corp.		56,000	$	1,463,280
Charles Schwab Corp.		280,700		3,901,730
Goldman Sachs Group, Inc.		44,200		6,390,436

				11,755,446

*Diversified Financial Services* (*0.8%*)
JPMorgan Chase & Co.		74,300		2,828,601

*Insurance* (*0.9%*)
Progressive Corp.		96,700		2,018,129
RenaissanceReinsurance Holdings Ltd.		13,700		821,452

				2,839,581

Total Financials				17,423,628

Health Care (13.7%)
*Biotechnology* (*2.2%*)
Celgene Corp.*		129,500		7,460,495

*Health Care Equipment & Supplies* (*2.5%*)
Boston Scientific Corp.*		426,100		2,611,993
Medtronic, Inc.		173,400		5,822,772

				8,434,765

*Health Care Providers & Services* (*0.6%*)
DaVita, Inc.*		4,628		319,471
Universal Health Services, Inc., Class B		46,100		1,791,446

				2,110,917

*Health Care Technology* (*3.6%*)
Cerner Corp.*		143,800		12,077,762

*Pharmaceuticals* (*4.8%* )
Allergan, Inc.		85,600		5,694,968
Merck & Co., Inc.		39,800		1,465,038
Shire plc (ADR)		107,000		7,198,960
Teva Pharmaceutical Industries Ltd. (ADR)		29,484		1,555,281

				15,914,247

Total Health Care				45,998,186

Industrials (7.0%)
*Air Freight & Logistics* (*2.0%*)
FedEx Corp.		80,000		6,840,000

*Commercial Services & Supplies* (*0.8%*)
Iron Mountain, Inc.		116,900		2,611,546

*Construction & Engineering* (*0.2%*)
Jacobs Engineering Group, Inc.*		22,000		851,400

*Electrical Equipment* (*0.7%* )
Emerson Electric Co.		42,600		2,243,316

*Machinery* (*2.6%*)
Danaher Corp		115,800		4,702,638
Illinois Tool Works, Inc.		82,700		3,888,554

				8,591,192

*Trading Companies & Distributors* (*0.7%*)
W.W. Grainger, Inc.		20,800		2,477,488

Total Industrials				23,614,942

See Notes to Portfolio of Investments.

168

EQ ADVISORS TRUST

EQ/CAPITAL GUARDIAN GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Information Technology (28.3%)
*Communications Equipment (7.8%* )
Cisco Systems, Inc.*		372,880	$	8,166,072
Juniper Networks, Inc.*		273,300		8,294,655
QUALCOMM, Inc.		216,700		9,777,504

				26,238,231

*Computers & Peripherals (4.0%* )
Apple, Inc.*		39,790		11,290,413
NetApp, Inc.*		46,100		2,295,319

				13,585,732

*Electronic Equipment, Instruments & Components (0.6%* )
Jabil Circuit, Inc.		129,200		1,861,772

*Internet Software & Services (5.0%*)
Akamai Technologies, Inc.*		55,200		2,769,936
eBay, Inc.*		76,600		1,869,040
Google, Inc., Class A*		23,380		12,292,970

				16,931,946

*IT Services (2.9%* )
International Business Machines Corp.		15,400		2,065,756
Paychex, Inc.		61,600		1,693,384
Visa, Inc., Class A		78,800		5,851,688

				9,610,828

*Semiconductors & Semiconductor Equipment (4.6%*)
Broadcom Corp., Class A		146,400		5,181,096
First Solar, Inc.*		29,700		4,376,295
KLA-Tencor Corp.		121,300		4,273,399
Maxim Integrated Products, Inc.		84,600		1,565,946

				15,396,736

*Software (3.4%* )
Nintendo Co., Ltd. (ADR)		133,100		4,152,720
Oracle Corp.		275,100		7,386,435

				11,539,155

Total Information Technology				95,164,400

Materials (5.9%)
*Chemicals (2.3%* )
Ecolab, Inc.		47,400		2,405,076
Monsanto Co.		110,900		5,315,437

				7,720,513

*Construction Materials (0.8%* )
Vulcan Materials Co.		68,600		2,532,712

*Metals & Mining (2.8%* )
Allegheny Technologies, Inc.		138,100		6,414,745
Cliffs Natural Resources, Inc.		46,700		2,985,064

				9,399,809

Total Materials				19,653,034

Telecommunication Services (2.3%)
*Wireless Telecommunication Services (2.3%* )
American Tower Corp., Class A*		151,858		7,784,241

Total Telecommunication Services				7,784,241

Total Common Stocks (95.4%) (Cost $277,999,632)				320,803,676


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (4.5%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $15,016,455)	$	15,016,455	$	15,016,455

Total Investments (99.9%) (Cost/Amortized Cost $293,016,087)				335,820,131
Other Assets Less Liabilities (0.1%)				495,087

Net Assets (100%)			$	336,315,218

*	Non-income producing.

Glossary:

ADR — American Depositary Receipt

See Notes to Portfolio of Investments.

169

EQ ADVISORS TRUST

EQ/CAPITAL GUARDIAN GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	51,856,911	$	—	$	—	$	51,856,911
Consumer Staples		28,980,130		—		—		28,980,130
Energy		30,328,204		—		—		30,328,204
Financials		17,423,628		—		—		17,423,628
Health Care		45,998,186		—		—		45,998,186
Industrials		23,614,942		—		—		23,614,942
Information Technology		95,164,400		—		—		95,164,400
Materials		19,653,034		—		—		19,653,034
Telecommunication Services		7,784,241		—		—		7,784,241
Short-Term Investments		—		15,016,455		—		15,016,455

Total Assets	$	320,803,676	$	15,016,455	$	—	$	335,820,131

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	320,803,676	$	15,016,455	$	—	$	335,820,131

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	69,357,109
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	102,901,986

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	56,791,770
Aggregate gross unrealized depreciation		(14,593,898	)

Net unrealized appreciation	$	42,197,872

Federal income tax cost of investments	$	293,622,259

See Notes to Portfolio of Investments.

170

EQ ADVISORS TRUST

EQ/CAPITAL GUARDIAN RESEARCH PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (13.6%)
*Diversified Consumer Services* (*0.9%*)
Strayer Education, Inc.		57,500	$	10,033,750

*Hotels, Restaurants & Leisure* (*1.0%*)
McDonald’s Corp.		156,900		11,690,619

*Household Durables* (*0.7%*)
Stanley Black & Decker, Inc.		122,700		7,519,056

*Media* (*4.4%*)
CBS Corp., Class B		213,600		3,387,696
Comcast Corp., Class A		455,000		8,226,400
DreamWorks Animation SKG, Inc., Class A*		144,700		4,617,377
Gannett Co., Inc.		824,300		10,081,189
Scripps Networks Interactive, Inc., Class A		160,300		7,627,074
Time Warner Cable, Inc.		206,430		11,145,156
Viacom, Inc., Class B		151,600		5,486,404

				50,571,296

*Multiline Retail* (*2.0%*)
Target Corp.		435,900		23,294,496

*Specialty Retail* (*2.7%*)
Home Depot, Inc.		177,700		5,629,536
Lowe’s Cos., Inc.		199,100		4,437,939
Tiffany & Co.		152,200		7,151,878
Urban Outfitters, Inc.*		424,200		13,336,848

				30,556,201

*Textiles, Apparel & Luxury Goods* (*1.9%*)
Coach, Inc.		298,900		12,840,744
NIKE, Inc., Class B		106,300		8,518,882

				21,359,626

Total Consumer Discretionary				155,025,044

Consumer Staples (9.3%)
*Beverages* (*1.7%*)
PepsiCo, Inc.		296,700		19,712,748

*Food Products* (*2.5%*)
General Mills, Inc.		406,600		14,857,164
Kraft Foods, Inc., Class A		458,414		14,146,656

				29,003,820

*Household Products* (*2.3%*)
Colgate-Palmolive Co.		110,100		8,462,286
Procter & Gamble Co.		290,500		17,421,285

				25,883,571

*Personal Products* (*0.8%*)
Alberto-Culver Co.		225,900		8,505,135

*Tobacco* (*2.0%*)
Philip Morris International, Inc.		404,872		22,680,929

Total Consumer Staples				105,786,203

Energy (14.6%)
*Energy Equipment & Services* (*4.2%*)
Halliburton Co.		427,200		14,127,504
Schlumberger Ltd.		201,600		12,420,576
Transocean Ltd.*		132,100		8,492,709
Weatherford International Ltd.*		724,400	$	12,387,240

				47,428,029

*Oil, Gas & Consumable Fuels* (*10.4%*)
Anadarko Petroleum Corp.		213,700		12,191,585
Cenovus Energy, Inc.		637,700		18,346,629
Chevron Corp.		470,512		38,134,998
Noble Energy, Inc.		214,400		16,099,296
Royal Dutch Shell plc (ADR)		564,200		34,021,260

				118,793,768

Total Energy				166,221,797

Financials (12.1%)
*Capital Markets* (*3.7%*)
Bank of New York Mellon Corp.		222,600		5,816,538
Charles Schwab Corp.		396,400		5,509,960
Goldman Sachs Group, Inc.		218,500		31,590,730

				42,917,228

*Commercial Banks* (*1.4%*)
BB&T Corp.		224,600		5,408,368
Wells Fargo & Co.		409,600		10,293,248

				15,701,616

*Diversified Financial Services* (*2.0%*)
CME Group, Inc.		19,700		5,130,865
JPMorgan Chase & Co.		459,936		17,509,764

				22,640,629

*Insurance* (*3.6%*)
Allstate Corp.		500,400		15,787,620
Aon Corp.		177,000		6,922,470
Progressive Corp.		542,700		11,326,149
RenaissanceReinsurance Holdings Ltd.		122,000		7,315,120

				41,351,359

*Real Estate Investment Trusts (REITs)* (*1.4%*)
Plum Creek Timber Co., Inc. (REIT)		100,500		3,547,650
Ventas, Inc. (REIT)		234,800		12,108,636

				15,656,286

Total Financials				138,267,118

Health Care (11.1%)
*Biotechnology* (*2.1%*)
Celgene Corp.*		407,200		23,458,792

*Health Care Equipment & Supplies* (*0.8%*)
Boston Scientific Corp.*		985,400		6,040,502
Medtronic, Inc.		98,700		3,314,346

				9,354,848

*Health Care Providers & Services* (*0.7%*)
DaVita, Inc.*		17,781		1,227,422
Universal Health Services, Inc., Class B		170,800		6,637,288

				7,864,710

*Health Care Technology* (*1.7%*)
Cerner Corp.*		232,200		19,502,478

*Life Sciences Tools & Services* (*0.7%*)
Mettler-Toledo International, Inc.*		63,900		7,951,716

*Pharmaceuticals* (*5.1%*)
Allergan, Inc.		363,912		24,211,066
Merck & Co., Inc.		285,110		10,494,899

See Notes to Portfolio of Investments.

171

EQ ADVISORS TRUST

EQ/CAPITAL GUARDIAN RESEARCH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Shire plc (ADR)		357,600	$	24,059,328

				58,765,293

Total Health Care				126,897,837

Industrials (8.2%)
*Aerospace & Defense* (*0.5%*)
Spirit AeroSystems Holdings, Inc., Class A*		288,200		5,743,826

*Air Freight & Logistics* (*1.6%*)
FedEx Corp.		206,400		17,647,200

*Commercial Services & Supplies* (*0.5%*)
Iron Mountain, Inc.		275,400		6,152,436

*Construction & Engineering* (*0.5%*)
Jacobs Engineering Group, Inc.*		134,700		5,212,890

*Electrical Equipment* (*1.0%*)
Emerson Electric Co.		211,400		11,132,324

*Industrial Conglomerates* (*0.4%*)
General Electric Co.		288,728		4,691,830

*Machinery* (*2.2%*)
Bucyrus International, Inc.		68,800		4,771,280
Cummins, Inc.		62,200		5,634,076
Danaher Corp.		217,000		8,812,370
Illinois Tool Works, Inc.		121,800		5,727,036

				24,944,762

*Road & Rail* (*1.5%*)
Norfolk Southern Corp.		296,500		17,644,715

Total Industrials				93,169,983

Information Technology (17.1%)
*Communications Equipment* (*4.7%*)
Cisco Systems, Inc.*		528,087		11,565,105
Juniper Networks, Inc.*		523,800		15,897,330
QUALCOMM, Inc.		583,100		26,309,472

				53,771,907

*Computers & Peripherals* (*2.9%*)
Apple, Inc.*		90,200		25,594,250
NetApp, Inc.*		146,300		7,284,277

				32,878,527

*Electronic Equipment, Instruments & Components* (*1.4%*)
Jabil Circuit, Inc.		1,124,300		16,201,163

*Internet Software & Services* (*1.6%*)
Google, Inc., Class A*		33,980		17,866,344

*IT Services* (*3.2%*)
Alliance Data Systems Corp.*		89,400		5,834,244
International Business Machines Corp.		130,600		17,518,684
Visa, Inc., Class A		185,100		13,745,526

				37,098,454

*Semiconductors & Semiconductor Equipment* (*1.5%*)
First Solar, Inc.*		40,100		5,908,735
Maxim Integrated Products, Inc.		624,900		11,566,899

				17,475,634

*Software* (*1.8%*)
Oracle Corp.		753,300	$	20,226,105

Total Information Technology				195,518,134

Materials (4.9%)
*Chemicals* (*1.8%*)
Air Products & Chemicals, Inc.		112,700		9,333,814
Monsanto Co.		149,200		7,151,156
Potash Corp. of Saskatchewan, Inc.		29,500		4,249,180

				20,734,150

*Construction Materials* (*0.1%)*
Vulcan Materials Co.		33,100		1,222,052

*Metals & Mining* (*3.0%*)
Allegheny Technologies, Inc.		190,500		8,848,725
Barrick Gold Corp.		165,300		7,651,737
Cliffs Natural Resources, Inc.		110,400		7,056,768
Freeport-McMoRan Copper & Gold, Inc.		53,300		4,551,287
Nucor Corp.		150,200		5,737,640

				33,846,157

Total Materials				55,802,359

Telecommunication Services (4.5%)
*Diversified Telecommunication Services* (*0.5%*)
Qwest Communications International, Inc.		846,400		5,306,928

*Wireless Telecommunication Services* (*4.0%*)
American Tower Corp., Class A*		900,400		46,154,504

Total Telecommunication Services				51,461,432

Utilities (1.7%)
*Electric Utilities* (*0.9%*)
Edison International		156,100		5,368,279
PPL Corp.		184,800		5,032,104

				10,400,383

*Multi-Utilities* (*0.3%*)
Sempra Energy		71,200		3,830,560

*Water Utilities* (*0.5%*)
American Water Works Co., Inc.		246,200		5,729,074

Total Utilities				19,960,017

Total Common Stocks (97.1%) (Cost $966,381,087)				1,108,109,924


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (3.2%)
JPMorgan Chase Nassau
0.000%, 10/1/10 (Amortized Cost $36,805,696)	$	36,805,696		36,805,696

Total Investments (100.3%) (Cost/Amortized Cost $1,003,186,783)				1,144,915,620
Other Assets Less Liabilities (-0.3%)				(3,685,882	)

Net Assets (100%)			$	1,141,229,738

See Notes to Portfolio of Investments.

172

EQ ADVISORS TRUST

EQ/CAPITAL GUARDIAN RESEARCH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

*	Non-income producing.

Glossary:

ADR — American Depositary Receipt

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	155,025,044	$	—	$	—	$	155,025,044
Consumer Staples		105,786,203		—		—		105,786,203
Energy		166,221,797		—		—		166,221,797
Financials		138,267,118		—		—		138,267,118
Health Care		126,897,837		—		—		126,897,837
Industrials		93,169,983		—		—		93,169,983
Information Technology		195,518,134		—		—		195,518,134
Materials		55,802,359		—		—		55,802,359
Telecommunication Services		51,461,432		—		—		51,461,432
Utilities		19,960,017		—		—		19,960,017
Short-Term Investments		—		36,805,696		—		36,805,696

Total Assets	$	1,108,109,924	$	36,805,696	$	—	$	1,144,915,620

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	1,108,109,924	$	36,805,696	$	—	$	1,144,915,620

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	229,630,060
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	354,197,819
As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:
Aggregate gross unrealized appreciation	$	179,972,618
Aggregate gross unrealized depreciation		(38,243,781	)

Net unrealized appreciation	$	141,728,837

Federal income tax cost of investments	$	1,003,186,783

See Notes to Portfolio of Investments.

173

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (11.3%)
*Auto Components* (*0.4%*)
Autoliv, Inc.		35,000	$	2,286,550
BorgWarner, Inc.*		44,530		2,343,169
Cooper Tire & Rubber Co.		23,100		453,453
Dana Holding Corp.*		52,900		651,728
Federal-Mogul Corp.*		28,200		533,262
Fuel Systems Solutions, Inc.*		11,800		461,498
Gentex Corp.		62,900		1,227,179
Goodyear Tire & Rubber Co.*		99,100		1,065,325
Johnson Controls, Inc.		254,330		7,757,065
Lear Corp.*		17,700		1,397,061
Modine Manufacturing Co.*		830		10,765
Stoneridge, Inc.*		800		8,408
Tenneco, Inc.*		22,600		654,722
TRW Automotive Holdings Corp.*		29,700		1,234,332

				20,084,517

*Automobiles* (*0.4%*)
Ford Motor Co.*		1,260,900		15,433,416
Harley-Davidson, Inc.		89,050		2,532,582
Thor Industries, Inc.		26,110		872,074
Winnebago Industries, Inc.*		1,470		15,317

				18,853,389

*Distributors* (*0.1%*)
Core-Mark Holding Co., Inc.*		40		1,238
Genuine Parts Co.		60,000		2,675,400
LKQ Corp.*		54,000		1,123,200

				3,799,838

*Diversified Consumer Services* (*0.3%*)
American Public Education, Inc.*		8,600		282,596
Apollo Group, Inc., Class A*		53,030		2,723,091
Capella Education Co.*		7,800		605,436
Coinstar, Inc.*		19,900		855,501
Corinthian Colleges, Inc.*		34,300		240,786
DeVry, Inc.		25,800		1,269,618
Education Management Corp.*		27,100		397,828
H&R Block, Inc.		142,850		1,849,907
Hillenbrand, Inc.		26,700		574,317
ITT Educational Services, Inc.*		16,100		1,131,347
K12, Inc.*		16,500		478,995
Matthews International Corp., Class A		13,300		470,288
Service Corp. International		96,300		830,106
Sotheby’s, Inc.		25,300		931,546
Steiner Leisure Ltd.*		150		5,715
Strayer Education, Inc.		6,000		1,047,000
Weight Watchers International, Inc.		15,500		483,445

				14,177,522

*Hotels, Restaurants & Leisure* (*1.9%*)
Bally Technologies, Inc.*		26,650		931,418
Biglari Holdings, Inc.*		27		8,874
BJ’s Restaurants, Inc.*		550		15,488
Bob Evans Farms, Inc.		23,530		660,487
Brinker International, Inc.		50,690		956,013
Burger King Holdings, Inc.		33,000		788,040
Carnival Corp.		165,260		6,314,585
Cheesecake Factory, Inc.*		22,800		603,516
Chipotle Mexican Grill, Inc.*		12,700		2,184,400
Churchill Downs, Inc.		30		1,072
Darden Restaurants, Inc.		51,950		2,222,421
Denny’s Corp.*		2,590		8,055
Hyatt Hotels Corp., Class A*		16,500		616,935
International Game Technology		112,660	$	1,627,937
International Speedway Corp., Class A		14,900		363,560
Interval Leisure Group, Inc.*		1,064		14,332
Isle of Capri Casinos, Inc.*		420		3,007
Jack in the Box, Inc.*		25,580		548,435
Krispy Kreme Doughnuts, Inc.*		1,140		5,221
Las Vegas Sands Corp.*		126,200		4,398,070
Life Time Fitness, Inc.*		25,100		990,697
Marriott International, Inc., Class A		102,625		3,677,054
McDonald’s Corp.		398,940		29,725,019
MGM Resorts International*		103,400		1,166,352
O’Charleys, Inc.*		60		431
Panera Bread Co., Class A*		12,200		1,081,042
Penn National Gaming, Inc.*		25,700		760,977
Royal Caribbean Cruises Ltd.*		61,750		1,946,978
Ruby Tuesday, Inc.*		1,320		15,668
Scientific Games Corp., Class A*		30,000		291,000
Speedway Motorsports, Inc.		27,700		434,336
Starbucks Corp.		281,750		7,207,165
Starwood Hotels & Resorts Worldwide, Inc.		71,600		3,762,580
Vail Resorts, Inc.*		16,600		622,832
Wendy’s/Arby’s Group, Inc., Class A		192,500		872,025
WMS Industries, Inc.*		19,600		746,172
Wyndham Worldwide Corp.		80,470		2,210,511
Wynn Resorts Ltd.		28,500		2,472,945
Yum! Brands, Inc.		176,740		8,140,644

				88,396,294

*Household Durables* (*0.5%*)
Blyth, Inc.		360		14,846
CSS Industries, Inc.		240		4,150
D.R. Horton, Inc.		112,300		1,248,776
Ethan Allen Interiors, Inc.		26,010		454,135
Fortune Brands, Inc.		56,250		2,769,187
Garmin Ltd.		47,900		1,453,765
Harman International Industries, Inc.*		26,390		881,690
Jarden Corp.		29,900		930,787
KB Home		34,750		393,718
Leggett & Platt, Inc.		56,000		1,274,560
Lennar Corp., Class A		61,000		938,180
M.D.C. Holdings, Inc.		15,500		449,965
Meritage Homes Corp.*		35,900		704,358
Mohawk Industries, Inc.*		21,200		1,129,960
Newell Rubbermaid, Inc.		124,600		2,219,126
Pulte Group, Inc.*		134,500		1,178,220
Ryland Group, Inc.		25,700		460,544
Stanley Black & Decker, Inc.		60,135		3,685,073
Tempur-Pedic International, Inc.*		27,400		849,400
Toll Brothers, Inc.*		56,300		1,070,826
Tupperware Brands Corp.		27,600		1,262,976
Whirlpool Corp.		28,420		2,300,883

				25,675,125

*Internet & Catalog Retail* (*0.8%*)
Amazon.com, Inc.*		132,280		20,775,897
Expedia, Inc.		91,010		2,567,392
Liberty Media Corp. - Interactive, Class A*		225,830		3,096,130
Netflix, Inc.*		15,900		2,578,344
Orbitz Worldwide, Inc.*		470		2,961
Overstock.com, Inc.*		600		9,432
priceline.com, Inc.*		17,980		6,263,153

See Notes to Portfolio of Investments.

174

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Shutterfly, Inc.*		670	$	17,413

				35,310,722

*Leisure Equipment & Products* (*0.2%*)
Brunswick Corp.		33,500		509,870
Eastman Kodak Co.*		101,600		426,720
Hasbro, Inc.		54,300		2,416,893
Leapfrog Enterprises, Inc.*		1,750		9,590
Mattel, Inc.		154,700		3,629,262
Polaris Industries, Inc.		11,800		768,180
Pool Corp		25,400		509,778
RC2 Corp.*		390		8,170
Steinway Musical Instruments, Inc.* .		140		2,411

				8,280,874

*Media* (*3.2%*)
Arbitron, Inc.		14,700		411,159
Ascent Media Corp., Class A*		250		6,678
Cablevision Systems Corp. - New York Group, Class A		100,350		2,628,166
CBS Corp., Class B		263,520		4,179,427
Central European Media Enterprises Ltd., Class A*		21,400		533,930
Clear Channel Outdoor Holdings, Inc., Class A*		45,840		523,951
Comcast Corp., Class A		1,063,624		19,230,322
DIRECTV, Class A*		335,346		13,960,454
Discovery Communications, Inc., Class A*		107,500		4,681,625
DISH Network Corp., Class A		75,660		1,449,646
DreamWorks Animation SKG, Inc., Class A*		28,000		893,480
Gannett Co., Inc.		90,000		1,100,700
Global Sources Ltd.*		523		3,949
Harte-Hanks, Inc.		1,100		12,837
Interpublic Group of Cos., Inc.*		192,700		1,932,781
John Wiley & Sons, Inc., Class A		17,000		694,620
Knology, Inc.*		70		940
Lamar Advertising Co., Class A*		21,400		680,948
Liberty Global, Inc., Class A*		96,100		2,960,841
Liberty Media Corp. - Capital*		30,300		1,577,418
Liberty Media Corp. - Starz*		19,400		1,258,672
Live Nation Entertainment, Inc.*		51,860		512,377
Madison Square Garden, Inc., Class A*		25,087		528,834
McGraw-Hill Cos., Inc.		119,330		3,945,050
Meredith Corp.		13,600		453,016
Morningstar, Inc.*		13,000		579,280
New York Times Co., Class A*		51,200		396,288
News Corp., Class A		863,994		11,283,762
Omnicom Group, Inc.		116,100		4,583,628
Regal Entertainment Group, Class A		32,900		431,648
Scripps Networks Interactive, Inc., Class A		34,700		1,651,026
Sirius XM Radio, Inc.*		1,469,100		1,762,920
Thomson Reuters Corp.		141,400		5,306,742
Time Warner Cable, Inc.		134,002		7,234,768
Time Warner, Inc.		430,926		13,207,882
Valassis Communications, Inc.*		18,800		637,132
Viacom, Inc., Class B		229,660		8,311,395
Virgin Media, Inc.		135,100		3,110,002
Walt Disney Co.		734,468		24,318,235
Warner Music Group Corp.*		138,550		623,475
Washington Post Co., Class B		2,300		918,643
World Wrestling Entertainment, Inc., Class A		32,700	$	454,857

				148,973,504

*Multiline Retail* (*0.8%*)
Big Lots, Inc.*		36,400		1,210,300
Dillard’s, Inc., Class A		18,200		430,248
Dollar General Corp.*		26,400		772,200
Dollar Tree, Inc.*		56,025		2,731,779
Family Dollar Stores, Inc.		55,850		2,466,336
J.C. Penney Co., Inc.		106,650		2,898,747
Kohl’s Corp.*		116,010		6,111,407
Macy’s, Inc.		159,600		3,685,164
Nordstrom, Inc.		63,190		2,350,668
Saks, Inc.*		86,100		740,460
Sears Holdings Corp.*		20,900		1,507,726
Target Corp.		278,460		14,880,902

				39,785,937

*Specialty Retail* (*2.1%*)
Aaron’s, Inc.		27,400		505,530
Abercrombie & Fitch Co., Class A		36,600		1,439,112
Advance Auto Parts, Inc.		33,250		1,951,110
Aeropostale, Inc.*		35,300		820,725
American Eagle Outfitters, Inc.		79,100		1,183,336
AnnTaylor Stores Corp.*		24,500		495,880
AutoNation, Inc.*		27,500		639,375
AutoZone, Inc.*		10,490		2,401,266
Barnes & Noble, Inc.		24,670		399,901
bebe stores, Inc.		62,900		453,509
Bed Bath & Beyond, Inc.*		99,550		4,321,465
Best Buy Co., Inc.		130,310		5,320,557
Borders Group, Inc.*		1,010		1,202
Cabela’s, Inc.*		29,400		558,012
CarMax, Inc.*		100,250		2,792,965
Charming Shoppes, Inc.*		2,540		8,941
Chico’s FAS, Inc.		67,550		710,626
Children’s Place Retail Stores, Inc.*		10,450		509,646
Christopher & Banks Corp.		1,620		12,814
Collective Brands, Inc.*		34,310		553,763
Dick’s Sporting Goods, Inc.*		41,500		1,163,660
Dress Barn, Inc.*		22,400		532,000
Foot Locker, Inc.		68,400		993,852
GameStop Corp., Class A*		65,200		1,285,092
Gap, Inc.		173,590		3,235,718
Guess?, Inc.		29,000		1,178,270
hhgregg, Inc.*		60		1,486
Home Depot, Inc.		640,160		20,280,269
J. Crew Group, Inc.*		29,300		985,066
Limited Brands, Inc.		100,690		2,696,478
Lowe’s Cos., Inc.		545,540		12,160,087
New York & Co., Inc.*		1,660		4,266
Office Depot, Inc.*		104,200		479,320
OfficeMax, Inc.*		32,100		420,189
O’Reilly Automotive, Inc.*		56,950		3,029,740
PetSmart, Inc.		50,500		1,767,500
RadioShack Corp.		61,100		1,303,263
Rent-A-Center, Inc.		33,110		741,002
Ross Stores, Inc.		46,280		2,527,813
Signet Jewelers Ltd.*		32,380		1,027,741
Sonic Automotive, Inc., Class A*		990		9,732
Stage Stores, Inc.		1,110		14,430
Staples, Inc.		275,950		5,772,874
Systemax, Inc.		1,000		12,280
Tiffany & Co.		54,700		2,570,353

See Notes to Portfolio of Investments.

175

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
TJX Cos., Inc.		154,200	$	6,881,946
Tractor Supply Co.		31,000		1,229,460
Urban Outfitters, Inc.*		49,350		1,551,564
Wet Seal, Inc., Class A*		3,010		10,204
Williams-Sonoma, Inc.		35,800		1,134,860
Zumiez, Inc.*		1,260		26,662

				100,106,912

*Textiles, Apparel & Luxury Goods* (*0.6%*)
American Apparel, Inc.*		280		344
Carter’s, Inc.*		24,680		649,824
Coach, Inc.		115,320		4,954,147
Crocs, Inc.*		1,390		18,084
Deckers Outdoor Corp.*		18,000		899,280
Fossil, Inc.*		26,200		1,409,298
Hanesbrands, Inc.*		42,700		1,104,222
Jones Apparel Group, Inc.		53,230		1,045,437
K-Swiss, Inc., Class A*		350		4,463
Liz Claiborne, Inc.*		71,600		435,328
Maidenform Brands, Inc.*		310		8,944
Movado Group, Inc.*		280		3,047
NIKE, Inc., Class B		134,980		10,817,297
Oxford Industries, Inc.		990		23,542
Perry Ellis International, Inc.*		700		15,295
Phillips-Van Heusen Corp.		23,440		1,410,150
Polo Ralph Lauren Corp.		21,170		1,902,336
Skechers U.S.A., Inc., Class A*		13,100		307,719
Steven Madden Ltd.*		90		3,696
Timberland Co., Class A*		36,300		719,103
Unifi, Inc.*		2,210		9,967
VF Corp.		32,700		2,649,354
Volcom, Inc.*		190		3,633
Warnaco Group, Inc.*		22,800		1,165,764
Wolverine World Wide, Inc.		21,100		612,111

				30,172,385

Total Consumer Discretionary				533,617,019

Consumer Staples (9.6%)
*Beverages* (*2.1%*)
Brown-Forman Corp., Class B		44,800		2,761,472
Central European Distribution Corp.*		17,900		399,528
Coca-Cola Co.		777,570		45,503,396
Coca-Cola Enterprises, Inc.		119,500		3,704,500
Dr. Pepper Snapple Group, Inc.		92,910		3,300,163
Hansen Natural Corp.*		25,000		1,165,500
Molson Coors Brewing Co., Class B .		49,250		2,325,585
PepsiCo, Inc.		595,290		39,551,068

				98,711,212

*Food & Staples Retailing* (*2.1%*)
Andersons, Inc.		180		6,822
BJ’s Wholesale Club, Inc.*		20,400		846,600
Casey’s General Stores, Inc.		19,210		802,017
Costco Wholesale Corp.		166,550		10,740,810
CVS Caremark Corp.		514,510		16,191,630
Kroger Co.		243,810		5,280,925
Ruddick Corp.		16,800		582,624
Safeway, Inc.		146,940		3,109,250
SUPERVALU, Inc.		80,200		924,706
Sysco Corp.		223,650		6,378,498
United Natural Foods, Inc.*		20,200		669,428
Walgreen Co.		369,880		12,390,980
Wal-Mart Stores, Inc.		753,320		40,317,686
Weis Markets, Inc.		12,700		496,951
Whole Foods Market, Inc.*		53,500	$	1,985,385

				100,724,312

*Food Products* (*1.8%*)
Archer-Daniels-Midland Co.		243,160		7,761,667
Bunge Ltd.		51,980		3,075,137
Campbell Soup Co.		69,500		2,484,625
ConAgra Foods, Inc.		168,450		3,695,793
Corn Products International, Inc.		30,600		1,147,500
Dean Foods Co.*		68,600		700,406
Del Monte Foods Co.		86,610		1,135,457
Flowers Foods, Inc.		28,800		715,392
General Mills, Inc.		250,900		9,167,886
Green Mountain Coffee Roasters, Inc.*		41,766		1,302,682
H.J. Heinz Co.		119,600		5,665,452
Hershey Co.		66,050		3,143,319
Hormel Foods Corp.		26,100		1,164,060
J.M. Smucker Co.		44,927		2,719,431
Kellogg Co.		97,400		4,919,674
Kraft Foods, Inc., Class A		606,410		18,713,813
McCormick & Co., Inc. (Non-Voting)		48,950		2,057,858
Mead Johnson Nutrition Co.		81,200		4,621,092
Pilgrim’s Pride Corp.*		64,800		364,176
Ralcorp Holdings, Inc.*		20,800		1,216,384
Sanderson Farms, Inc.		8,600		372,294
Sara Lee Corp.		250,050		3,358,171
Smithfield Foods, Inc.*		52,000		875,160
Tootsie Roll Industries, Inc.		18,068		449,532
TreeHouse Foods, Inc.*		15,900		732,990
Tyson Foods, Inc., Class A		112,900		1,808,658

				83,368,609

*Household Products* (*2.0%*)
Church & Dwight Co., Inc.		28,950		1,880,013
Clorox Co.		58,750		3,922,150
Colgate-Palmolive Co.		185,410		14,250,613
Energizer Holdings, Inc.*		25,850		1,737,895
Kimberly-Clark Corp.		156,500		10,180,325
Procter & Gamble Co.		1,063,080		63,752,908

				95,723,904

*Personal Products* (*0.2%*)
Alberto-Culver Co.		32,400		1,219,860
Avon Products, Inc.		161,950		5,200,214
Elizabeth Arden, Inc.*		430		8,596
Estee Lauder Cos., Inc., Class A		41,950		2,652,498
Herbalife Ltd.		22,700		1,369,945
Inter Parfums, Inc.		410		7,212
NBTY, Inc.*		21,350		1,173,823
Prestige Brands Holdings, Inc.*		130		1,286

				11,633,434

*Tobacco* (*1.4%*)
Altria Group, Inc.		787,390		18,913,108
Lorillard, Inc.		57,750		4,637,902
Philip Morris International, Inc.		689,030		38,599,461
Reynolds American, Inc.		63,500		3,771,265

				65,921,736

Total Consumer Staples				456,083,207

Energy (10.2%)
*Energy Equipment & Services* (*2.0%*)
Allis-Chalmers Energy, Inc.*		1,490		6,213
Atwood Oceanics, Inc.*		25,000		761,250
Baker Hughes, Inc.		162,184		6,909,038
Basic Energy Services, Inc.*		1,750		14,910

See Notes to Portfolio of Investments.

176

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Bristow Group, Inc.*		13,300	$	479,864
Cameron International Corp.*		100,750		4,328,220
CARBO Ceramics, Inc.		7,200		583,200
Complete Production Services, Inc.* .		44,480		909,616
Core Laboratories N.V.		16,800		1,479,072
Diamond Offshore Drilling, Inc.		30,510		2,067,663
Dresser-Rand Group, Inc.*		37,500		1,383,375
Dril-Quip, Inc.*		12,800		795,008
Exterran Holdings, Inc.*		23,900		542,769
FMC Technologies, Inc.*		46,000		3,141,340
Gulfmark Offshore, Inc., Class A*		13,500		414,720
Halliburton Co.		342,230		11,317,546
Helix Energy Solutions Group, Inc.*.		44,290		493,391
Helmerich & Payne, Inc.		35,600		1,440,376
Hercules Offshore, Inc.*		350		927
ION Geophysical Corp.*		93,100		478,534
Lufkin Industries, Inc.		1,500		65,850
Nabors Industries Ltd.*		118,390		2,138,123
National Oilwell Varco, Inc.		158,380		7,043,159
Oceaneering International, Inc.*		20,800		1,120,288
Oil States International, Inc.*		18,900		879,795
Patterson-UTI Energy, Inc.		63,600		1,086,288
Pride International, Inc.*		75,720		2,228,440
Rowan Cos., Inc.*		43,300		1,314,588
Schlumberger Ltd.		509,855		31,412,166
SEACOR Holdings, Inc.*		8,500		723,860
Superior Energy Services, Inc.*		29,730		793,494
T-3 Energy Services, Inc.*		720		18,828
TETRA Technologies, Inc.*		1,460		14,892
Tidewater, Inc.		19,600		878,276
Unit Corp.*		20,200		753,258
Weatherford International Ltd.*		279,900		4,786,290
Willbros Group, Inc.*		44,500		408,065

				93,212,692

*Oil, Gas & Consumable Fuels* (*8.2%*)
Alpha Natural Resources, Inc.*		49,067		2,019,107
Anadarko Petroleum Corp.		187,080		10,672,914
Apache Corp.		135,580		13,254,301
Apco Oil and Gas International, Inc.		16,300		564,143
Arch Coal, Inc.		68,500		1,829,635
Atlas Energy, Inc.*		29,600		847,744
Berry Petroleum Co., Class A		23,500		745,655
Bill Barrett Corp.*		20,430		735,480
BPZ Resources, Inc.*		56,300		215,629
Brigham Exploration Co.*		44,000		825,000
Cabot Oil & Gas Corp		39,300		1,183,323
Carrizo Oil & Gas, Inc.*		19,100		457,254
Chesapeake Energy Corp.		253,610		5,744,266
Chevron Corp.		741,500		60,098,575
Cimarex Energy Co.		35,160		2,326,889
Cobalt International Energy, Inc.*		59,200		565,360
Comstock Resources, Inc.*		17,900		402,571
Concho Resources, Inc.*		30,800		2,038,036
ConocoPhillips		553,750		31,801,862
Consol Energy, Inc.		80,350		2,969,736
Contango Oil & Gas Co.*		8,880		445,421
Continental Resources, Inc.*		11,600		537,776
CVR Energy, Inc.*		50		412
Delek U.S. Holdings, Inc.		1,230		8,807
Denbury Resources, Inc.*		168,659		2,679,992
Devon Energy Corp.		168,930		10,936,528
El Paso Corp.		263,850		3,266,463
EOG Resources, Inc.		95,700		8,897,229
EQT Corp.		56,800	$	2,048,208
EXCO Resources, Inc.		55,500		825,285
Exxon Mobil Corp.#		1,881,344		116,248,246
Forest Oil Corp.*		42,500		1,262,250
Frontier Oil Corp.		45,970		615,998
Frontline Ltd.		18,100		514,583
General Maritime Corp		558		2,740
Hess Corp.		110,220		6,516,206
Holly Corp.		23,200		667,000
Marathon Oil Corp.		268,290		8,880,399
Mariner Energy, Inc.*		39,510		957,327
Massey Energy Co.		34,900		1,082,598
McMoRan Exploration Co.*		37,500		645,375
Murphy Oil Corp.		72,420		4,484,246
Newfield Exploration Co.*		49,650		2,851,896
Noble Energy, Inc.		64,430		4,838,049
Nordic American Tanker Shipping Ltd.		14,600		390,696
Occidental Petroleum Corp.		301,160		23,580,828
Overseas Shipholding Group, Inc.		11,700		401,544
Patriot Coal Corp.*		34,900		398,209
Peabody Energy Corp.		101,600		4,979,416
Petrohawk Energy Corp.*		107,500		1,735,050
PetroQuest Energy, Inc.*		420		2,558
Pioneer Natural Resources Co.		43,850		2,851,565
Plains Exploration & Production Co.*		51,850		1,382,840
QEP Resources, Inc.		66,200		1,995,268
Quicksilver Resources, Inc.*		44,800		564,480
Range Resources Corp.		65,750		2,507,048
Rosetta Resources, Inc.*		19,900		467,451
SandRidge Energy, Inc.*		122,244		694,346
SM Energy Co.		25,800		966,468
Southern Union Co.		49,900		1,200,594
Southwestern Energy Co.*		130,850		4,375,624
Spectra Energy Corp.		245,000		5,524,750
Stone Energy Corp.*		18,200		268,086
Sunoco, Inc.		45,600		1,664,400
Swift Energy Co.*		16,320		458,266
Tesoro Corp.		55,810		745,622
Ultra Petroleum Corp.*		57,500		2,413,850
Valero Energy Corp.		223,430		3,912,259
W&T Offshore, Inc.		1,110		11,766
Western Refining, Inc.*		50,200		263,048
Whiting Petroleum Corp.*		18,300		1,747,833
Williams Cos., Inc.		220,900		4,221,399
World Fuel Services Corp.		27,400		712,674

				388,948,452

Total Energy				482,161,144

Financials (16.2%)
*Capital Markets* (*2.3%*)
Affiliated Managers Group, Inc.*		19,440		1,516,514
American Capital Ltd.*		128,405		746,033
Ameriprise Financial, Inc.		97,360		4,608,049
Apollo Investment Corp.		65,308		668,101
Ares Capital Corp.		70,900		1,109,585
Bank of New York Mellon Corp.		458,550		11,981,911
BGC Partners, Inc., Class A		300		1,791
BlackRock, Inc.		13,110		2,231,977
Charles Schwab Corp.		374,034		5,199,073
ETRADE Financial Corp.		83,210		1,209,873
Eaton Vance Corp.		46,940		1,363,138
Federated Investors, Inc., Class B		36,800		837,568
Franklin Resources, Inc.		55,330		5,914,777

See Notes to Portfolio of Investments.

177

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
GAMCO Investors, Inc., Class A		13,460	$	518,614
GFI Group, Inc.		620		2,877
Goldman Sachs Group, Inc.		190,900		27,600,322
Greenhill & Co., Inc.		10,900		864,588
Invesco Ltd.		180,800		3,838,384
Jefferies Group, Inc.		59,800		1,356,862
KBW, Inc.		18,300		468,480
Knight Capital Group, Inc., Class A*		35,710		442,447
LaBranche & Co., Inc.*		4,530		17,667
Lazard Ltd., Class A		34,700		1,217,276
Legg Mason, Inc.		57,050		1,729,186
MF Global Holdings Ltd.*		820		5,904
Morgan Stanley		528,473		13,042,714
Northern Trust Corp.		91,450		4,411,548
Penson Worldwide, Inc.*		740		3,678
Piper Jaffray Cos., Inc.*		12,500		364,125
Raymond James Financial, Inc.		37,500		949,875
SEI Investments Co.		59,650		1,213,281
State Street Corp.		189,650		7,142,219
Stifel Financial Corp.*		11,212		519,003
SWS Group, Inc.		1,820		13,049
T. Rowe Price Group, Inc.		98,180		4,915,382
TD Ameritrade Holding Corp.*		88,136		1,423,396
Virtus Investment Partners, Inc.*		91		2,754
Waddell & Reed Financial, Inc., Class A		32,120		878,803

				110,330,824

*Commercial Banks* (*2.9%*)
Associated Banc-Corp.		65,400		862,626
BancFirst Corp.		8,900		360,094
BancorpSouth, Inc.		31,550		447,379
Bank of Hawaii Corp.		20,900		938,828
Bank of the Ozarks, Inc.		13,600		504,424
BB&T Corp.		261,650		6,300,532
BOK Financial Corp.		9,750		440,018
Boston Private Financial Holdings, Inc.		58,230		380,824
Capital City Bank Group, Inc.		15,400		186,956
CapitalSource, Inc.		100,680		537,631
Cathay General Bancorp		21,630		257,181
CIT Group, Inc.*		75,600		3,085,992
City Holding Co.		11,030		338,290
City National Corp./California		17,200		912,804
CoBiz Financial, Inc.		190		1,056
Columbia Banking System, Inc.		360		7,074
Comerica, Inc.		66,600		2,474,190
Commerce Bancshares, Inc./Missouri		26,197		984,745
Community Bank System, Inc.		17,900		411,879
Community Trust Bancorp, Inc.		13,600		368,424
Cullen/Frost Bankers, Inc.		24,500		1,319,815
CVB Financial Corp.		35,000		262,850
East West Bancorp, Inc.		55,900		910,052
F.N.B. Corp./Pennsylvania		38,100		326,136
Fifth Third Bancorp		300,450		3,614,414
First Bancorp/Puerto Rico*		42,400		11,872
First Busey Corp		24,100		109,655
First Citizens BancShares, Inc./North Carolina, Class A		2,800		518,756
First Commonwealth Financial Corp.		38,600		210,370
First Financial Bancorp		32,400		540,432
First Financial Bankshares, Inc.		9,000		422,910
First Financial Corp./Indiana		10,700		315,650
First Horizon National Corp.*		102,899		1,174,077
First Midwest Bancorp, Inc./Illinois		20,700	$	238,671
FirstMerit Corp.		34,795		637,444
Fulton Financial Corp.		75,000		679,500
Glacier Bancorp, Inc.		24,600		359,160
Hancock Holding Co.		11,100		333,777
Huntington Bancshares, Inc./Ohio		270,900		1,536,003
IBERIABANK Corp.		8,400		419,832
Independent Bank Corp./Massachusetts		16,700		376,084
International Bancshares Corp.		22,010		371,749
Investors Bancorp, Inc.*		30,300		358,752
KeyCorp		339,300		2,700,828
M&T Bank Corp.		29,699		2,429,675
MainSource Financial Group, Inc.		240		1,834
Marshall & Ilsley Corp.		170,900		1,203,136
NBT Bancorp, Inc.		16,500		364,155
Old National Bancorp/Indiana		28,300		297,150
PacWest Bancorp		15,730		299,814
Park National Corp.		6,500		416,260
Pinnacle Financial Partners, Inc.*		15,700		144,283
PNC Financial Services Group, Inc.		198,918		10,325,833
Popular, Inc.*		380,500		1,103,450
PrivateBancorp, Inc.		12,900		146,931
Prosperity Bancshares, Inc.		15,900		516,273
Regions Financial Corp.		498,900		3,627,003
Republic Bancorp, Inc./Kentucky, Class A		18,900		399,357
S&T Bancorp, Inc.		13,000		226,460
Sandy Spring Bancorp, Inc.		10		155
Signature Bank/New York*		14,900		578,716
Simmons First National Corp., Class A		30		848
Sterling Bancorp/New York		90		782
SunTrust Banks, Inc.		188,950		4,880,578
Susquehanna Bancshares, Inc.		35,400		298,776
SVB Financial Group*		13,400		567,088
Synovus Financial Corp.		296,100		728,406
TCF Financial Corp.		56,950		922,021
Texas Capital Bancshares, Inc.*		25,300		436,931
Tompkins Financial Corp.		9,239		366,419
TowneBank/Virginia		19,300		288,728
Trico Bancshares		50		769
Trustmark Corp.		23,350		507,629
U.S. Bancorp		724,690		15,667,798
UMB Financial Corp.		13,250		470,507
Umpqua Holdings Corp.		27,590		312,871
United Bankshares, Inc.		15,700		390,773
United Community Banks, Inc./Georgia*		36,021		80,687
Valley National Bancorp		65,152		840,461
Webster Financial Corp.		25,700		451,292
Wells Fargo & Co.		1,796,419		45,144,009
WesBanco, Inc.		16,900		276,146
Westamerica Bancorp		12,600		686,574
Western Alliance Bancorp*		35,020		234,634
Whitney Holding Corp./Louisiana		27,570		225,247
Wilmington Trust Corp.		28,400		255,032
Wintrust Financial Corp.		17,700		573,657
Zions Bancorp		64,500		1,377,720

				135,616,604

*Consumer Finance* (*0.7%*)
American Express Co.		395,156		16,608,407
AmeriCredit Corp.*		24,070		588,752

See Notes to Portfolio of Investments.

178

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Capital One Financial Corp.		172,570	$	6,825,143
Cash America International, Inc.		14,600		511,000
Credit Acceptance Corp.*		9,600		581,376
Discover Financial Services		204,870		3,417,232
Dollar Financial Corp.*		540		11,270
EZCORP, Inc., Class A*		26,400		529,056
First Cash Financial Services, Inc.*		350		9,713
Nelnet, Inc., Class A		1,130		25,854
SLM Corp.*		189,684		2,190,850
Student Loan Corp.		90		2,673

				31,301,326

*Diversified Financial Services* (*3.3%*)
Bank of America Corp.		3,703,682		48,555,271
Citigroup, Inc.*		7,871,722		30,699,716
CME Group, Inc.		24,833		6,467,755
Encore Capital Group, Inc.*		210		3,784
Interactive Brokers Group, Inc., Class A*		22,340		384,471
IntercontinentalExchange, Inc.*		27,950		2,926,924
JPMorgan Chase & Co.		1,475,325		56,165,623
Leucadia National Corp.*		88,450		2,089,189
Life Partners Holdings, Inc.		60		1,142
MarketAxess Holdings, Inc.		60		1,019
Moody’s Corp.		91,750		2,291,915
MSCI, Inc., Class A*		36,334		1,206,652
NASDAQ OMX Group, Inc.*		59,000		1,146,370
NYSE Euronext		110,650		3,161,270
PHH Corp.*		860		18,111
PICO Holdings, Inc.*		60		1,792

				155,121,004

*Insurance* (*4.2%*)
ACE Ltd.		128,000		7,456,000
Aflac, Inc.		177,550		9,181,111
Alleghany Corp.*		2,500		757,575
Allied World Assurance Co. Holdings Ltd./Bermuda		19,080		1,079,737
Allstate Corp.		203,340		6,415,377
Alterra Capital Holdings Ltd.		26,900		535,848
American Equity Investment Life Holding Co.		2,100		21,504
American Financial Group, Inc./Ohio		33,330		1,019,231
American International Group, Inc.*		45,636		1,784,368
American National Insurance Co.		6,620		502,921
American Physicians Capital, Inc.		146		6,053
AMERISAFE, Inc.*		840		15,775
Aon Corp.		101,900		3,985,309
Arch Capital Group Ltd.*		18,700		1,567,060
Argo Group International Holdings Ltd.		13,329		463,049
Arthur J. Gallagher & Co.		39,500		1,041,615
Aspen Insurance Holdings Ltd.		29,270		886,296
Assurant, Inc.		48,100		1,957,670
Assured Guaranty Ltd.		69,700		1,192,567
Axis Capital Holdings Ltd.		47,870		1,576,838
Berkshire Hathaway, Inc., Class B*		638,400		52,782,912
Brown & Brown, Inc.		49,800		1,005,462
Chubb Corp.		121,560		6,927,704
Cincinnati Financial Corp.		65,020		1,875,827
CNA Surety Corp.*		28,900		517,888
CNO Financial Group, Inc.*		84,000		465,360
Delphi Financial Group, Inc., Class A		690		17,243
EMC Insurance Group, Inc.		30		640
Employers Holdings, Inc.		31,180		491,709
Endurance Specialty Holdings Ltd.		24,000	$	955,200
Enstar Group, Ltd.*		6,500		471,900
Erie Indemnity Co., Class A		10,800		605,448
Everest Reinsurance Group Ltd.		21,800		1,885,046
FBL Financial Group, Inc., Class A		190		4,936
Fidelity National Financial, Inc., Class A		86,800		1,363,628
First American Financial Corp.		39,300		587,142
Flagstone Reinsurance Holdings S.A.		40,000		424,400
Genworth Financial, Inc., Class A*		183,700		2,244,814
Gerova Financial Group Ltd.*		38,500		207,900
Global Indemnity plc*		180		2,889
Hanover Insurance Group, Inc.		22,290		1,047,630
Harleysville Group, Inc.		13,310		436,435
Hartford Financial Services Group, Inc.		172,910		3,968,284
HCC Insurance Holdings, Inc.		52,780		1,377,030
Hilltop Holdings, Inc.*		47,080		451,026
Infinity Property & Casualty Corp.		10,500		512,085
Lincoln National Corp.		114,350		2,735,252
Loews Corp.		118,992		4,509,797
Markel Corp.*		3,700		1,274,983
Marsh & McLennan Cos., Inc.		204,650		4,936,158
MBIA, Inc.*		75,600		759,780
Mercury General Corp.		11,300		461,831
MetLife, Inc.		240,260		9,237,997
National Interstate Corp.		10		218
National Western Life Insurance Co., Class A		2,100		295,428
Navigators Group, Inc.*		8,380		373,999
Old Republic International Corp.		98,880		1,369,488
PartnerReinsurance Ltd.		33,260		2,666,787
Phoenix Cos., Inc.*		84,810		178,101
Platinum Underwriters Holdings Ltd.		21,680		943,514
PMA Capital Corp., Class A*		390		2,941
Presidential Life Corp.		250		2,450
Primerica, Inc.		22,000		447,480
Principal Financial Group, Inc.		132,400		3,431,808
ProAssurance Corp.*		13,700		788,983
Progressive Corp.		253,500		5,290,545
Protective Life Corp.		44,800		974,848
Prudential Financial, Inc.		175,431		9,504,852
Reinsurance Group of America, Inc.		26,010		1,256,023
RLI Corp.		8,140		460,887
Safety Insurance Group, Inc.		11,300		474,826
Selective Insurance Group, Inc.		23,400		381,186
StanCorp Financial Group, Inc.		22,680		861,840
State Auto Financial Corp.		270		4,107
Stewart Information Services Corp.		250		2,830
Symetra Financial Corp.		38,300		400,618
Torchmark Corp.		38,680		2,055,455
Transatlantic Holdings, Inc.		24,300		1,234,926
Travelers Cos., Inc.		174,870		9,110,727
United Fire & Casualty Co.		18,570		393,870
Unitrin, Inc.		21,400		521,946
Unum Group		125,800		2,786,470
Validus Holdings Ltd.		30,818		812,362
W. R. Berkley Corp.		52,900		1,432,003
Wesco Financial Corp.		1,400		501,410
White Mountains Insurance Group Ltd.		3,900		1,202,994
XL Group plc		129,370		2,802,154

				198,960,316

See Notes to Portfolio of Investments.

179

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Real Estate Investment Trusts (REITs)* (*2.4%*)
Acadia Realty Trust (REIT)		30,325	$	576,175
Alexander’s, Inc. (REIT)		1,300		410,514
Alexandria Real Estate Equities, Inc. (REIT)		18,480		1,293,600
AMB Property Corp. (REIT)		63,610		1,683,757
American Campus Communities, Inc. (REIT)		19,200		584,448
Annaly Capital Management, Inc. (REIT)		229,258		4,034,941
Apartment Investment & Management Co. (REIT), Class A		43,188		923,359
AvalonBay Communities, Inc. (REIT)		31,149		3,237,316
BioMed Realty Trust, Inc. (REIT)		35,200		630,784
Boston Properties, Inc. (REIT)		55,170		4,585,730
Brandywine Realty Trust (REIT)		51,000		624,750
BRE Properties, Inc. (REIT)		24,160		1,002,640
Camden Property Trust (REIT)		24,880		1,193,494
CBL & Associates Properties, Inc. (REIT)		77,091		1,006,808
Chimera Investment Corp. (REIT)		290,400		1,147,080
CommonWealth REIT (REIT)		33,000		844,800
Corporate Office Properties Trust/Maryland (REIT)		21,109		787,577
Cousins Properties, Inc. (REIT)		34,997		249,879
DCT Industrial Trust, Inc. (REIT)		91,400		437,806
Developers Diversified Realty Corp. (REIT)		84,708		950,424
DiamondRock Hospitality Co. (REIT)*		58,300		553,267
Digital Realty Trust, Inc. (REIT)		33,589		2,072,441
Douglas Emmett, Inc. (REIT)		53,300		933,283
Duke Realty Corp. (REIT)		84,800		982,832
DuPont Fabros Technology, Inc. (REIT)		17,600		442,640
EastGroup Properties, Inc. (REIT)		12,100		452,298
Entertainment Properties Trust (REIT)		14,840		640,791
Equity Lifestyle Properties, Inc. (REIT)		10,900		593,832
Equity One, Inc. (REIT)		31,300		528,344
Equity Residential (REIT)		106,987		5,089,372
Essex Property Trust, Inc. (REIT)		11,300		1,236,672
Extra Space Storage, Inc. (REIT)		33,000		529,320
Federal Realty Investment Trust (REIT)		27,780		2,268,515
Franklin Street Properties Corp. (REIT)		41,600		516,672
General Growth Properties, Inc. (REIT)		93,500		1,458,600
Hatteras Financial Corp. (REIT)		18,700		532,389
HCP, Inc. (REIT)		110,197		3,964,888
Health Care REIT, Inc. (REIT)		48,317		2,287,327
Healthcare Realty Trust, Inc. (REIT)		28,300		661,937
Highwoods Properties, Inc. (REIT)		29,530		958,839
Home Properties, Inc. (REIT)		13,610		719,969
Hospitality Properties Trust (REIT)		43,400		969,122
Host Hotels & Resorts, Inc. (REIT)		248,713		3,601,364
Inland Real Estate Corp. (REIT)		39,600		329,076
Investors Real Estate Trust (REIT)		42,400		355,312
Kilroy Realty Corp. (REIT)		14,700		487,158
Kimco Realty Corp. (REIT)		162,122		2,553,421
LaSalle Hotel Properties (REIT)		37,300		872,447
Lexington Realty Trust (REIT)		69,728	$	499,252
Liberty Property Trust (REIT)		43,552		1,389,309
LTC Properties, Inc. (REIT)		20,600		525,712
Macerich Co. (REIT)		49,084		2,108,158
Mack-Cali Realty Corp. (REIT)		31,539		1,031,641
MFA Financial, Inc. (REIT)		87,250		665,718
Mid-America Apartment Communities, Inc. (REIT)		11,400		664,392
National Retail Properties, Inc. (REIT)		38,290		961,462
Nationwide Health Properties, Inc. (REIT)		47,714		1,845,100
Omega Healthcare Investors, Inc. (REIT)		35,140		788,893
Plum Creek Timber Co., Inc. (REIT)		61,614		2,174,974
Post Properties, Inc. (REIT)		18,200		508,144
Potlatch Corp. (REIT)		18,640		633,760
ProLogis (REIT)		191,206		2,252,407
Public Storage (REIT)		52,402		5,085,090
Rayonier, Inc. (REIT)		34,350		1,721,622
Realty Income Corp. (REIT)		45,831		1,545,421
Regency Centers Corp. (REIT)		31,486		1,242,752
Saul Centers, Inc. (REIT)		11,800		495,010
Senior Housing Properties Trust (REIT)		54,290		1,275,815
Simon Property Group, Inc. (REIT)		110,659		10,262,516
SL Green Realty Corp. (REIT)		35,100		2,222,883
Sovran Self Storage, Inc. (REIT)		14,800		560,920
Tanger Factory Outlet Centers (REIT)		14,750		695,315
Taubman Centers, Inc. (REIT)		20,600		918,966
UDR, Inc. (REIT)		64,036		1,352,440
Ventas, Inc. (REIT)		59,304		3,058,307
Vornado Realty Trust (REIT)		63,847		5,460,834
Walter Investment Management Corp. (REIT)		8,947		156,483
Washington Real Estate Investment Trust (REIT)		24,370		773,260
Weingarten Realty Investors (REIT)		36,986		807,035

				116,481,601

*Real Estate Management & Development* (*0.1%*)
Avatar Holdings, Inc.*		70		1,336
CB Richard Ellis Group, Inc., Class A*		108,150		1,976,982
Forest City Enterprises, Inc., Class A*		50,700		650,481
Forestar Group, Inc.*		60		1,023
Jones Lang LaSalle, Inc.		16,500		1,423,455
St. Joe Co.*		40,442		1,005,792

				5,059,069

*Thrifts & Mortgage Finance* (*0.3%*)
Astoria Financial Corp.		37,100		505,673
Bank Mutual Corp.		38,400		199,296
Beneficial Mutual Bancorp, Inc.*		36,500		327,405
Brookline Bancorp, Inc.		37,000		369,260
Capitol Federal Financial		13,600		335,920
Dime Community Bancshares, Inc.		27,100		375,335
Doral Financial Corp.*		57,000		94,620
First Niagara Financial Group, Inc.		79,000		920,350
Hudson City Bancorp, Inc.		178,590		2,189,513
Kearny Financial Corp.		36,700		324,061
MGIC Investment Corp.*		75,800		699,634
New York Community Bancorp, Inc.		164,650		2,675,563
NewAlliance Bancshares, Inc.		39,950		504,169

See Notes to Portfolio of Investments.

180

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Northwest Bancshares, Inc.		38,475	$	430,535
OceanFirst Financial Corp.		40		491
Ocwen Financial Corp.*		1,700		17,238
Oritani Financial Corp.		37,350		372,753
People’s United Financial, Inc.		134,800		1,764,532
PMI Group, Inc.*		790		2,899
Provident Financial Services, Inc.		27,500		339,900
TFS Financial Corp.		36,000		330,840
TrustCo Bank Corp. NY		38,400		213,504
Washington Federal, Inc.		42,500		648,550

				13,642,041

Total Financials				766,512,785

Health Care (11.8%)
*Biotechnology* (*1.6%*)
Acorda Therapeutics, Inc.*		22,400		739,648
Alexion Pharmaceuticals, Inc.*		32,500		2,091,700
Alkermes, Inc.*		52,400		767,660
Alnylam Pharmaceuticals, Inc.*		15,400		189,112
Amgen, Inc.*		362,140		19,957,535
Amylin Pharmaceuticals, Inc.*		61,100		1,273,935
Biogen Idec, Inc.*		90,060		5,054,167
BioMarin Pharmaceutical, Inc.*		44,600		996,810
Celgene Corp.*		174,200		10,035,662
Cephalon, Inc.*		28,150		1,757,686
Cepheid, Inc.*		29,600		553,816
Cubist Pharmaceuticals, Inc.*		23,500		549,665
Dendreon Corp.*		50,250		2,069,295
Emergent Biosolutions, Inc.*		20,900		360,734
Enzon Pharmaceuticals, Inc.*		520		5,850
Genomic Health, Inc.*		20,600		275,216
Genzyme Corp.*		100,850		7,139,172
Gilead Sciences, Inc.*		309,600		11,024,856
Human Genome Sciences, Inc.*		67,800		2,019,762
Incyte Corp.*		36,700		586,833
Ironwood Pharmaceuticals, Inc.*		36,300		369,534
Isis Pharmaceuticals, Inc.*		37,500		315,000
Martek Biosciences Corp.*		15,450		349,633
Myriad Genetics, Inc.*		39,050		640,811
Onyx Pharmaceuticals, Inc.*		23,500		619,930
Osiris Therapeutics, Inc.*		23,300		169,624
Pharmasset, Inc.*		14,300		421,850
Regeneron Pharmaceuticals, Inc.*		24,500		671,300
Seattle Genetics, Inc.*		41,000		636,730
Talecris Biotherapeutics Holdings Corp.*		22,100		505,648
Theravance, Inc.*		31,500		633,150
United Therapeutics Corp.*		18,700		1,047,387
Vertex Pharmaceuticals, Inc.*		76,400		2,641,148

				76,470,859

*Health Care Equipment & Supplies* (*2.2%*)
ABIOMED, Inc.*		28,300		300,263
Alcon, Inc.		26,200		4,369,898
Alere, Inc.*		33,150		1,025,329
American Medical Systems Holdings, Inc.*		38,800		759,704
Analogic Corp.		10,710		480,665
Baxter International, Inc.		225,480		10,757,651
Beckman Coulter, Inc.		27,500		1,341,725
Becton, Dickinson and Co.		88,240		6,538,584
Boston Scientific Corp.*		573,300		3,514,329
C.R. Bard, Inc.		35,980		2,929,851
CareFusion Corp.*		76,000		1,887,840
CONMED Corp.*		16,400	$	367,524
Cooper Cos., Inc.		16,800		776,496
Covidien plc		189,500		7,616,005
CryoLife, Inc.*		650		3,946
DENTSPLY International, Inc.		63,200		2,020,504
Edwards Lifesciences Corp.*		45,500		3,050,775
Exactech, Inc.*		240		3,917
Gen-Probe, Inc.*		24,050		1,165,463
Greatbatch, Inc.*		16,300		377,997
Haemonetics Corp.*		10,900		637,977
HeartWare International, Inc.*		6,500		446,940
Hill-Rom Holdings, Inc.		25,930		930,628
Hologic, Inc.*		109,600		1,754,696
Hospira, Inc.*		68,150		3,885,232
ICU Medical, Inc.*		12,600		469,854
IDEXX Laboratories, Inc.*		23,300		1,438,076
Immucor, Inc.*		30,700		608,781
Integra LifeSciences Holdings Corp.*		12,400		489,304
Intuitive Surgical, Inc.*		14,800		4,199,352
Kensey Nash Corp.*		290		8,378
Kinetic Concepts, Inc.*		25,080		917,426
Masimo Corp.		19,800		540,738
Medtronic, Inc.		416,440		13,984,055
Meridian Bioscience, Inc.		17,700		387,276
Merit Medical Systems, Inc.*		25,300		402,017
Natus Medical, Inc.*		590		8,596
NuVasive, Inc.*		15,950		560,483
Palomar Medical Technologies, Inc.*.		10		103
Quidel Corp.*		26,740		293,873
ResMed, Inc.*		66,300		2,175,303
St. Jude Medical, Inc.*		123,500		4,858,490
STERIS Corp.		25,760		855,747
Stryker Corp.		119,070		5,959,454
Symmetry Medical, Inc.*		30,100		290,164
Teleflex, Inc.		15,100		857,378
Thoratec Corp.*		23,300		861,634
Varian Medical Systems, Inc.*		53,510		3,237,355
West Pharmaceutical Services, Inc.		14,200		487,202
Zimmer Holdings, Inc.*		80,400		4,207,332
Zoll Medical Corp.*		18,500		596,995

				105,639,305

*Health Care Providers & Services* (*2.2%*)
Accretive Health, Inc.*		34,100		369,303
Aetna, Inc.		160,680		5,079,095
AMERIGROUP Corp.*		23,790		1,010,361
AmerisourceBergen Corp.		106,800		3,274,488
AMN Healthcare Services, Inc.*		780		4,009
Amsurg Corp.*		18,000		314,640
Brookdale Senior Living, Inc.*		32,400		528,444
Cardinal Health, Inc.		136,900		4,523,176
CardioNet, Inc.*		18,600		83,886
Catalyst Health Solutions, Inc.*		19,500		686,595
Centene Corp.*		24,110		568,755
CIGNA Corp.		104,640		3,744,019
Community Health Systems, Inc.*		36,400		1,127,308
Corvel Corp.*		90		3,821
Coventry Health Care, Inc.*		61,100		1,315,483
Cross Country Healthcare, Inc.*		40		288
DaVita, Inc.*		43,500		3,002,805
Emdeon, Inc., Class A*		35,600		433,608
Emergency Medical Services Corp., Class A*		11,200		596,400
Express Scripts, Inc.*		203,900		9,929,930

See Notes to Portfolio of Investments.

181

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Genoptix, Inc.*		10,700	$	151,940
Gentiva Health Services, Inc.*		16,960		370,576
Hanger Orthopedic Group, Inc.*		210		3,053
Health Management Associates, Inc., Class A*		94,600		724,636
Health Net, Inc.*		49,340		1,341,555
HealthSouth Corp.*		39,300		754,560
Healthspring, Inc.*		26,220		677,525
Henry Schein, Inc.*		38,350		2,246,543
HMS Holdings Corp.*		16,500		972,510
Humana, Inc.*		63,800		3,205,312
Laboratory Corp. of America Holdings*		39,450		3,094,063
Landauer, Inc.		7,900		494,777
LHC Group, Inc.*		12,800		296,832
LifePoint Hospitals, Inc.*		22,950		804,627
Lincare Holdings, Inc.		37,600		943,384
Magellan Health Services, Inc.*		16,900		798,356
McKesson Corp.		102,580		6,337,392
MedCath Corp.*		470		4,733
Medco Health Solutions, Inc.*		161,400		8,402,484
MEDNAX, Inc.*		19,720		1,051,076
MWI Veterinary Supply, Inc.*		100		5,772
National Healthcare Corp.		9,200		341,044
Omnicare, Inc.		48,120		1,149,106
Owens & Minor, Inc.		26,850		764,151
Patterson Cos., Inc.		38,600		1,105,890
PharMerica Corp.*		22,370		213,186
PSS World Medical, Inc.*		25,500		545,190
Psychiatric Solutions, Inc.*		24,950		837,072
Quest Diagnostics, Inc.		56,430		2,848,022
Select Medical Holdings Corp.*		61,900		476,630
Sun Healthcare Group, Inc.*		37,500		317,625
Tenet Healthcare Corp.*		183,100		864,232
UnitedHealth Group, Inc.		429,720		15,087,469
Universal Health Services, Inc., Class B		36,080		1,402,069
VCA Antech, Inc.*		36,850		777,167
WellCare Health Plans, Inc.*		19,320		559,507
WellPoint, Inc.*		147,580		8,358,931

				104,925,411

*Health Care Technology* (*0.1%*)
Allscripts Healthcare Solutions, Inc.*		49,450		913,342
athenahealth, Inc.*		16,000		528,320
Cerner Corp.*		27,200		2,284,528
SXC Health Solutions Corp.*		23,200		846,104

				4,572,294

*Life Sciences Tools & Services* (*0.6%*)
Accelrys, Inc.*		366		2,547
Albany Molecular Research, Inc.*		720		4,594
Bio-Rad Laboratories, Inc., Class A*		8,500		769,335
Bruker Corp.*		34,800		488,244
Charles River Laboratories International, Inc.*		30,150		999,473
Covance, Inc.*		24,500		1,146,355
Dionex Corp.*		8,280		715,723
eResearchTechnology, Inc.*		270		2,020
Illumina, Inc.*		53,500		2,632,200
Life Technologies Corp.*		72,293		3,375,360
Luminex Corp.*		18,500		296,000
Mettler-Toledo International, Inc.*		13,300		1,655,052
PAREXEL International Corp.*		22,070		510,479
PerkinElmer, Inc.		51,200		1,184,768
Pharmaceutical Product Development, Inc.		39,900	$	989,121
Sequenom, Inc.*		23,800		166,838
Techne Corp.		16,550		1,021,631
Thermo Fisher Scientific, Inc.*		155,150		7,428,582
Waters Corp.*		35,100		2,484,378

				25,872,700

*Pharmaceuticals* (*5.1%*)
Abbott Laboratories, Inc.		572,350		29,899,564
Allergan, Inc.		114,970		7,648,954
Auxilium Pharmaceuticals, Inc.*		19,350		479,493
Bristol-Myers Squibb Co.		650,130		17,625,024
Eli Lilly and Co.		384,510		14,046,150
Forest Laboratories, Inc.*		113,430		3,508,390
Impax Laboratories, Inc.*		23,700		469,260
Johnson & Johnson		1,018,160		63,085,194
King Pharmaceuticals, Inc.*		94,400		940,224
Medicines Co.*		26,000		369,200
Medicis Pharmaceutical Corp., Class A		33,880		1,004,542
Merck & Co., Inc.		1,151,090		42,371,623
Mylan, Inc.*		120,550		2,267,545
Nektar Therapeutics*		37,000		546,490
Perrigo Co.		32,300		2,074,306
Pfizer, Inc.		2,977,556		51,124,637
Questcor Pharmaceuticals, Inc.*		47,400		470,208
Salix Pharmaceuticals Ltd.*		21,500		853,980
Warner Chilcott plc, Class A		34,000		762,960
Watson Pharmaceuticals, Inc.*		45,320		1,917,489

				241,465,233

Total Health Care				558,945,802

Industrials (11.3%)
*Aerospace & Defense* (*2.4%*)
AAR Corp.*		27,680		516,509
Aerovironment, Inc.*		12,600		280,350
Alliant Techsystems, Inc.*		14,400		1,085,760
American Science & Engineering, Inc.		6,000		441,900
BE Aerospace, Inc.*		47,060		1,426,389
Boeing Co.		287,000		19,096,980
Ceradyne, Inc.*		610		14,243
Curtiss-Wright Corp.		20,100		609,030
Esterline Technologies Corp.*		11,300		646,699
General Dynamics Corp.		130,670		8,207,383
Goodrich Corp.		47,290		3,486,692
Herley Industries, Inc.*		90		1,485
Hexcel Corp.*		43,500		773,865
Honeywell International, Inc.		282,800		12,426,232
ITT Corp.		69,350		3,247,660
L-3 Communications Holdings, Inc.		43,770		3,163,258
Lockheed Martin Corp.		116,860		8,329,781
Moog, Inc., Class A*		18,400		653,384
Northrop Grumman Corp.		113,850		6,902,725
Orbital Sciences Corp.*		25,500		390,150
Precision Castparts Corp.		53,770		6,847,609
Raytheon Co.		144,090		6,586,354
Rockwell Collins, Inc.		59,550		3,468,788
Spirit AeroSystems Holdings, Inc., Class A*		47,700		950,661
Taser International, Inc.*		1,760		6,829
Teledyne Technologies, Inc.*		13,700		545,534
TransDigm Group, Inc.		15,150		940,057
Triumph Group, Inc.		6,200		462,458

See Notes to Portfolio of Investments.

182

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
United Technologies Corp.		345,940	$	24,641,306

				116,150,071

*Air Freight & Logistics* (*0.8%*)
Atlas Air Worldwide Holdings, Inc.*		9,800		492,940
C.H. Robinson Worldwide, Inc.		62,500		4,370,000
Expeditors International of Washington, Inc.		79,200		3,661,416
FedEx Corp.		118,450		10,127,475
Forward Air Corp.		17,900		465,400
Hub Group, Inc., Class A*		14,000		409,640
United Parcel Service, Inc., Class B		267,750		17,856,248
UTi Worldwide, Inc.		43,600		701,088

				38,084,207

*Airlines* (*0.3%*)
Alaska Air Group, Inc.*		13,500		688,905
Allegiant Travel Co.		11,300		478,216
AMR Corp.*		141,500		887,205
Continental Airlines, Inc., Class B*		52,800		1,311,552
Copa Holdings S.A., Class A		11,600		625,356
Delta Air Lines, Inc.*		298,650		3,476,286
Hawaiian Holdings, Inc.*		1,650		9,884
JetBlue Airways Corp.*		75,300		503,757
Republic Airways Holdings, Inc.*		1,790		14,821
SkyWest, Inc.		30,300		422,988
Southwest Airlines Co.		279,200		3,649,144
U.S. Airways Group, Inc.*		54,300		502,275
UAL Corp.*		56,800		1,342,184

				13,912,573

*Building Products* (*0.1%*)
A.O. Smith Corp.		9,100		526,799
AAON, Inc.		510		11,995
American Woodmark Corp.		190		3,369
Ameron International Corp.		8,700		591,252
Insteel Industries, Inc.		1,300		11,674
Lennox International, Inc.		21,110		880,076
Masco Corp.		162,800		1,792,428
NCI Building Systems, Inc.*		56		534
Owens Corning, Inc.*		43,170		1,106,447
Quanex Building Products Corp.		1,600		27,632
Simpson Manufacturing Co., Inc.		17,300		445,994
USG Corp.*		34,200		451,098

				5,849,298

*Commercial Services & Supplies* (*0.6%*)
American Reprographics Co.*		41,190		323,341
ATC Technology Corp.*		430		10,638
Avery Dennison Corp.		48,350		1,794,752
Bowne & Co., Inc.		383		4,339
Brink’s Co.		17,300		397,900
Cenveo, Inc.*		1,730		8,702
Cintas Corp.		50,200		1,383,010
Clean Harbors, Inc.*		8,100		548,775
Copart, Inc.*		29,100		959,427
Corrections Corp. of America*		43,000		1,061,240
Courier Corp.		80		1,138
Covanta Holding Corp.		52,300		823,725
G&K Services, Inc., Class A		530		12,116
GEO Group, Inc.*		26,800		625,780
Herman Miller, Inc.		27,500		541,200
Iron Mountain, Inc.		80,650		1,801,721
Mine Safety Appliances Co.		16,600		449,860
Pitney Bowes, Inc.		94,420		2,018,700
R.R. Donnelley & Sons Co.		97,730		1,657,501
Republic Services, Inc.		133,435		4,068,433
Rollins, Inc.		24,800	$	579,824
Schawk, Inc.		700		12,922
Steelcase, Inc., Class A		53,000		441,490
Stericycle, Inc.*		35,800		2,487,384
Sykes Enterprises, Inc.*		23,790		323,068
Tetra Tech, Inc.*		25,100		526,347
U.S. Ecology, Inc.		520		8,320
UniFirst Corp.		180		7,947
Viad Corp.		930		17,986
Waste Connections, Inc.*		32,700		1,296,882
Waste Management, Inc.		182,650		6,527,911

				30,722,379

*Construction & Engineering* (*0.3%*)
Aecom Technology Corp.*		40,800		989,808
Chicago Bridge & Iron Co. N.V. (N.Y. Shares)*		38,200		933,990
EMCOR Group, Inc.*		25,100		617,209
Fluor Corp.		67,560		3,346,247
Granite Construction, Inc.		14,500		329,730
Insituform Technologies, Inc., Class A*		750		18,135
Jacobs Engineering Group, Inc.*		54,800		2,120,760
KBR, Inc.		60,700		1,495,648
Layne Christensen Co.*		440		11,392
MasTec, Inc.*		46,200		476,784
Northwest Pipe Co.*		250		4,375
Orion Marine Group, Inc.*		30		372
Pike Electric Corp.*		1,190		8,663
Quanta Services, Inc.*		80,850		1,542,618
Shaw Group, Inc.*		31,880		1,069,893
Tutor Perini Corp.*		27,780		558,100
URS Corp.*		38,100		1,447,038

				14,970,762

*Electrical Equipment* (*0.8%*)
Acuity Brands, Inc.		17,600		778,624
American Superconductor Corp.*		17,000		528,700
AMETEK, Inc.		45,700		2,183,089
Babcock & Wilcox Co.*		52,500		1,117,200
Baldor Electric Co.		26,260		1,060,904
Brady Corp., Class A		22,860		666,826
Cooper Industries plc		63,300		3,097,269
Emerson Electric Co.		284,710		14,992,829
Encore Wire Corp.		23,400		479,934
EnerSys*		19,900		496,903
FuelCell Energy, Inc.*		510		627
General Cable Corp.*		28,900		783,768
GrafTech International Ltd.*		70,400		1,100,352
Hubbell, Inc., Class B		24,400		1,238,300
LSI Industries, Inc.		250		1,605
Powell Industries, Inc.*		290		9,025
Regal-Beloit Corp.		13,900		815,791
Rockwell Automation, Inc.		60,500		3,734,665
Roper Industries, Inc.		38,650		2,519,207
Thomas & Betts Corp.*		25,600		1,050,112
Vicor Corp.		280		4,091
Woodward Governor Co.		23,030		746,632

				37,406,453

*Industrial Conglomerates* (*2.1%*)
3M Co.		263,230		22,824,673
Carlisle Cos., Inc.		23,000		688,850
General Electric Co.		3,941,192		64,044,370
Raven Industries, Inc.		13,400		507,726
Standex International Corp.		380		9,192

See Notes to Portfolio of Investments.

183

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Textron, Inc.		114,400	$	2,352,064
Tyco International Ltd.		193,000		7,088,890

				97,515,765

*Machinery* (*2.5%*)
3D Systems Corp.*		10		157
Actuant Corp., Class A		23,500		539,560
AGCO Corp.*		35,200		1,373,152
Albany International Corp., Class A		28,450		538,274
Altra Holdings, Inc.*		710		10,458
American Railcar Industries, Inc.*		80		1,254
ArvinMeritor, Inc.*		35,600		553,224
Astec Industries, Inc.*		17,100		487,863
Barnes Group, Inc.		31,620		556,196
Briggs & Stratton Corp.		29,400		558,894
Bucyrus International, Inc.		28,400		1,969,540
Cascade Corp.		270		8,586
Caterpillar, Inc.		235,610		18,537,795
Chart Industries, Inc.*		580		11,809
CLARCOR, Inc.		21,900		845,997
Colfax Corp.*		630		9,368
Crane Co.		18,600		705,684
Cummins, Inc.		75,860		6,871,399
Danaher Corp.		201,060		8,165,047
Deere & Co.		158,640		11,069,899
Donaldson Co., Inc.		29,100		1,371,483
Dover Corp.		70,590		3,685,504
Eaton Corp.		63,400		5,229,866
Flowserve Corp.		24,680		2,700,485
Force Protection, Inc.*		400		2,016
Gardner Denver, Inc.		23,200		1,245,376
Graco, Inc.		25,160		798,327
Graham Corp.		210		3,259
Harsco Corp.		30,400		747,232
IDEX Corp.		30,740		1,091,577
Illinois Tool Works, Inc.		166,610		7,834,002
Ingersoll-Rand plc		121,700		4,345,907
Joy Global, Inc.		38,180		2,684,818
Kadant, Inc.*		470		8,888
Kaydon Corp.		13,700		474,020
Kennametal, Inc.		35,190		1,088,427
L.B. Foster Co., Class A*		400		11,576
Lincoln Electric Holdings, Inc.		19,230		1,111,879
Lindsay Corp.		9,060		392,479
Manitowoc Co., Inc.		59,400		719,334
Met-Pro Corp.		100		1,009
Mueller Water Products, Inc., Class A		3,270		9,875
NACCO Industries, Inc., Class A		300		26,217
Navistar International Corp.*		26,900		1,173,916
Nordson Corp.		14,630		1,078,085
Oshkosh Corp.*		33,900		932,250
PACCAR, Inc.		137,930		6,641,329
Pall Corp.		52,300		2,177,772
Parker Hannifin Corp.		60,910		4,267,355
Pentair, Inc.		37,300		1,254,399
Robbins & Myers, Inc.		21,170		566,933
Sauer-Danfoss, Inc.*		1,570		33,425
Snap-On, Inc.		25,100		1,167,401
SPX Corp.		18,900		1,195,992
Sun Hydraulics Corp.		550		15,504
Tecumseh Products Co., Class A*		680		7,800
Terex Corp.*		48,030		1,100,848
Timken Co.		36,640		1,405,510
Toro Co.		14,920		838,952
Trinity Industries, Inc.		36,070	$	803,279
Twin Disc, Inc.		40		558
Valmont Industries, Inc.		7,700		557,480
WABCO Holdings, Inc.*		29,970		1,256,942
Wabtec Corp.		21,200		1,013,148
Watts Water Technologies, Inc., Class A		17,510		596,215

				116,482,805

*Marine* (*0.0%*)
Alexander & Baldwin, Inc.		18,080		629,907
American Commercial Lines, Inc.*		525		14,637
Eagle Bulk Shipping, Inc.*		41,100		214,542
Genco Shipping & Trading Ltd.*		24,910		397,066
Horizon Lines, Inc., Class A		250		1,050
Kirby Corp.*		24,350		975,461

				2,232,663

*Professional Services* (*0.3%*)
Administaff, Inc.		23,300		627,469
Advisory Board Co.*		140		6,181
CBIZ, Inc.*		52,020		308,479
Corporate Executive Board Co.		15,490		488,864
Dun & Bradstreet Corp.		800		59,312
Equifax, Inc.		56,620		1,766,544
Exponent, Inc.*		470		15,787
FTI Consulting, Inc.*		21,500		745,835
Hill International, Inc.*		850		3,808
IHS, Inc., Class A*		20,200		1,373,600
Kelly Services, Inc., Class A*		32,000		375,360
Kforce, Inc.*		780		10,702
Korn/Ferry International*		34,380		568,645
Manpower, Inc.		34,980		1,825,956
Navigant Consulting, Inc.*		24,000		279,120
On Assignment, Inc.*		770		4,042
Resources Connection, Inc.		27,650		380,464
Robert Half International, Inc.		62,260		1,618,760
School Specialty, Inc.*		500		6,505
SFN Group, Inc.*		980		5,890
Towers Watson & Co., Class A		17,900		880,322
Verisk Analytics, Inc., Class A*		39,100		1,095,191

				12,446,836

*Road & Rail* (*0.9%*)
Arkansas Best Corp.		16,890		409,245
Avis Budget Group, Inc.*		890		10,368
Con-way, Inc.		19,100		591,909
CSX Corp.		147,150		8,140,338
Dollar Thrifty Automotive Group, Inc.*		10,800		541,512
Genesee & Wyoming, Inc., Class A* .		14,700		637,833
Heartland Express, Inc.		29,400		437,178
Hertz Global Holdings, Inc.*		73,200		775,188
J.B. Hunt Transport Services, Inc.		35,950		1,247,465
Kansas City Southern*		37,850		1,415,968
Knight Transportation, Inc.		28,700		554,771
Landstar System, Inc.		23,650		913,363
Norfolk Southern Corp.		139,870		8,323,664
Ryder System, Inc.		24,900		1,064,973
Union Pacific Corp.		191,360		15,653,248
Werner Enterprises, Inc.		22,800		467,172

				41,184,195

*Trading Companies & Distributors* (*0.2%*)
Beacon Roofing Supply, Inc.*		32,000		466,240
DXP Enterprises, Inc.*		230		4,365
Fastenal Co.		54,900		2,920,131

See Notes to Portfolio of Investments.

184

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
GATX Corp.		21,500	$	630,380
H&E Equipment Services, Inc.*		750		5,978
Houston Wire & Cable Co.		910		9,127
Interline Brands, Inc.*		180		3,247
MSC Industrial Direct Co., Class A		16,500		891,660
RSC Holdings, Inc.*		46,900		349,874
Textainer Group Holdings Ltd.		280		7,487
W.W. Grainger, Inc.		23,350		2,781,219
Watsco, Inc.		12,210		679,853
WESCO International, Inc.*		25,320		994,823

				9,744,384

Total Industrials				536,702,391

Information Technology (18.4%)
*Communications Equipment* (*2.3%*)
Acme Packet, Inc.*		16,510		626,389
ADC Telecommunications, Inc.*		36,000		456,120
ADTRAN, Inc.		23,500		829,550
Arris Group, Inc.*		67,300		657,521
Aruba Networks, Inc.*		27,400		584,716
BigBand Networks, Inc.*		820		2,329
Black Box Corp.		16,060		514,884
Blue Coat Systems, Inc.*		400		9,624
Brocade Communications Systems, Inc.*		144,160		841,894
Ciena Corp.*		35,000		544,950
Cisco Systems, Inc.*		2,108,270		46,171,113
CommScope, Inc.*		35,700		847,518
EchoStar Corp., Class A*		23,550		449,334
Emulex Corp.*		55,090		575,140
Extreme Networks, Inc.*		423		1,315
F5 Networks, Inc.*		32,900		3,415,349
Finisar Corp.*		28,100		527,999
Harmonic, Inc.*		77,400		532,512
Harris Corp.		49,040		2,171,982
Hughes Communications, Inc.*		70		1,907
Infinera Corp.*		56,500		659,355
InterDigital, Inc.*		20,100		595,161
Ixia*		1,220		15,128
JDS Uniphase Corp.*		99,450		1,232,185
Juniper Networks, Inc.*		198,900		6,036,615
Motorola, Inc.*		878,650		7,494,884
NETGEAR, Inc.*		400		10,804
Oplink Communications, Inc.*		210		4,166
Plantronics, Inc.		30,900		1,043,802
Polycom, Inc.*		37,800		1,031,184
Powerwave Technologies, Inc.*		2,150		3,913
QUALCOMM, Inc.		608,280		27,445,594
Riverbed Technology, Inc.*		23,600		1,075,688
SeaChange International, Inc.*		800		5,928
Sonus Networks, Inc.*		245,790		867,639
Sycamore Networks, Inc.		15,470		501,383
Symmetricom, Inc.*		340		1,945
Tellabs, Inc.		155,160		1,155,942
UTStarcom, Inc.*		480		1,042

				108,944,504

*Computers & Peripherals* (*3.7%*)
Apple, Inc.*		335,950		95,325,813
Avid Technology, Inc.*		29,200		382,812
Dell, Inc.*		643,344		8,337,738
Diebold, Inc.		27,650		859,638
Electronics for Imaging, Inc.*		43,600		528,432
EMC Corp.*		777,190		15,784,729
Hewlett-Packard Co.		875,820	$	36,845,747
Imation Corp.*		1,210		11,289
Intermec, Inc.*		33,700		413,162
Lexmark International, Inc., Class A*		29,690		1,324,768
NCR Corp.*		60,600		825,978
NetApp, Inc.*		130,250		6,485,147
Netezza Corp.*		500		13,475
QLogic Corp.*		56,900		1,003,716
SanDisk Corp.*		86,990		3,188,184
Seagate Technology plc*		184,310		2,171,172
Silicon Graphics International Corp.*		210		1,630
Synaptics, Inc.*		15,300		430,542
Western Digital Corp.*		86,670		2,460,561

				176,394,533

*Electronic Equipment, Instruments & Components* (*0.8%*)
Agilent Technologies, Inc.*		131,630		4,392,493
Agilysys, Inc.*		120		780
Amphenol Corp., Class A		65,620		3,214,068
Anixter International, Inc.*		13,400		723,466
Arrow Electronics, Inc.*		45,900		1,226,907
Avnet, Inc.*		64,920		1,753,489
AVX Corp.		48,140		665,295
Benchmark Electronics, Inc.*		35,100		575,640
Checkpoint Systems, Inc.*		34,400		700,040
Cognex Corp.		27,500		737,550
Coherent, Inc.*		17,400		696,174
Corning, Inc.		590,090		10,786,845
CTS Corp.		1,260		12,121
Daktronics, Inc.		480		4,714
Dolby Laboratories, Inc., Class A*		20,200		1,147,562
Electro Scientific Industries, Inc.*		620		6,888
FLIR Systems, Inc.*		59,200		1,521,440
Ingram Micro, Inc., Class A*		72,800		1,227,408
Insight Enterprises, Inc.*		1,230		19,237
IPG Photonics Corp.*		30,000		724,200
Itron, Inc.*		15,310		937,431
Jabil Circuit, Inc.		68,100		981,321
Littelfuse, Inc.*		700		30,590
Molex, Inc.		50,300		1,052,779
MTS Systems Corp.		13,200		409,200
National Instruments Corp.		23,800		777,308
Newport Corp.*		1,260		14,288
OSI Systems, Inc.*		330		11,986
Park Electrochemical Corp.		370		9,746
Plexus Corp.*		25,500		748,425
Rofin-Sinar Technologies, Inc.*		21,200		538,056
Scansource, Inc.*		23,370		648,284
Tech Data Corp.*		19,500		785,850
Technitrol, Inc.		960		4,234
Trimble Navigation Ltd.*		45,900		1,608,336
Vishay Intertechnology, Inc.*		103,200		998,976
Vishay Precision Group, Inc.*		7,371		115,061

				39,808,188

*Internet Software & Services* (*1.7%*)
Akamai Technologies, Inc.*		63,800		3,201,484
AOL, Inc.*		47,456		1,174,536
Art Technology Group, Inc.*		910		3,758
comScore, Inc.*		70		1,646
DealerTrack Holdings, Inc.*		40,300		688,324
Digital River, Inc.*		16,500		561,660
EarthLink, Inc.		65,000		590,850
eBay, Inc.*		426,470		10,405,868
Equinix, Inc.*		16,300		1,668,305

See Notes to Portfolio of Investments.

185

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Google, Inc., Class A*		89,925	$	47,281,666
GSI Commerce, Inc.*		23,500		580,450
IAC/InterActiveCorp*		40,250		1,057,368
j2 Global Communications, Inc.*		25,600		609,024
LoopNet, Inc.*		950		11,248
Marchex, Inc., Class B		840		4,578
ModusLink Global Solutions, Inc.*		210		1,333
Monster Worldwide, Inc.*		47,700		618,192
NIC, Inc.		60		497
Perficient, Inc.*		320		2,925
Rackspace Hosting, Inc.*		36,700		953,466
RealNetworks, Inc.*		103,810		338,421
Stamps.com, Inc.*		770		10,010
United Online, Inc.		58,100		332,332
VeriSign, Inc.*		68,950		2,188,473
VistaPrint N.V.*		16,500		637,725
Vocus, Inc.*		400		7,392
WebMD Health Corp.*		20,200		1,007,374
Yahoo!, Inc.*		512,450		7,261,417

				81,200,322

*IT Services* (*3.2%*)
Accenture plc, Class A		231,100		9,819,439
Alliance Data Systems Corp.*		21,100		1,376,986
Amdocs Ltd.*		90,010		2,579,687
Automatic Data Processing, Inc.		190,150		7,992,005
Broadridge Financial Solutions, Inc.		61,110		1,397,586
CACI International, Inc., Class A*		12,200		552,172
Cognizant Technology Solutions Corp., Class A*		113,250		7,301,228
Computer Sciences Corp.		66,240		3,047,040
CoreLogic, Inc.		39,300		752,988
CSG Systems International, Inc.*		27,540		502,054
DST Systems, Inc.		19,880		891,419
Euronet Worldwide, Inc.*		45,000		809,550
ExlService Holdings, Inc.*		390		7,586
Fidelity National Information Services, Inc.		97,425		2,643,140
Fiserv, Inc.*		57,650		3,102,723
Forrester Research, Inc.*		16,300		539,204
Gartner, Inc.*		26,600		783,104
Genpact Ltd.*		30,000		531,900
Global Cash Access Holdings, Inc.*		1,320		5,386
Global Payments, Inc.		30,900		1,325,301
Hackett Group, Inc.*		80		330
Heartland Payment Systems, Inc.		26,360		401,199
Hewitt Associates, Inc., Class A*		35,200		1,775,136
iGATE Corp.		880		15,963
Integral Systems, Inc.*		840		6,199
International Business Machines Corp.		473,400		63,501,876
Lender Processing Services, Inc.		35,800		1,189,634
ManTech International Corp., Class A*		8,400		332,640
Mastercard, Inc., Class A		36,700		8,220,800
NeuStar, Inc., Class A*		32,590		810,187
Online Resources Corp.*		10		44
Paychex, Inc.		122,010		3,354,055
SAIC, Inc.*		116,950		1,868,861
Sapient Corp.		44,100		527,877
SRA International, Inc., Class A*		31,500		621,180
TeleTech Holdings, Inc.*		47,050		698,222
Teradata Corp.*		63,060		2,431,594
Total System Services, Inc.		62,200		947,928
Unisys Corp.*		496	$	13,838
VeriFone Systems, Inc.*		40,500		1,258,335
Visa, Inc., Class A		172,350		12,798,711
Western Union Co.		254,160		4,491,007
Wright Express Corp.*		14,500		517,795

				151,743,909

*Office Electronics* (*0.1%*)
Xerox Corp.		521,331		5,395,776
Zebra Technologies Corp., Class A*		27,700		931,828

				6,327,604

*Semiconductors & Semiconductor Equipment* (*2.8%*)
Actel Corp.*		590		9,411
Advanced Analogic Technologies, Inc.*		70		246
Advanced Micro Devices, Inc.*		232,600		1,653,786
Altera Corp.		111,350		3,358,316
Amkor Technology, Inc.*		115,200		756,864
Analog Devices, Inc.		111,770		3,507,343
Applied Materials, Inc.		507,820		5,931,338
Atmel Corp.*		197,000		1,568,120
ATMI, Inc.*		880		13,077
Avago Technologies Ltd.*		40,100		902,651
Broadcom Corp., Class A		187,670		6,641,641
Cabot Microelectronics Corp.*		17,380		559,288
Cavium Networks, Inc.*		16,700		480,292
Cirrus Logic, Inc.*		24,500		437,080
Cree, Inc.*		38,900		2,111,881
Cypress Semiconductor Corp.*		98,500		1,239,130
Diodes, Inc.*		480		8,203
DSP Group, Inc.*		640		4,480
Energy Conversion Devices, Inc.*		22,100		110,942
Entegris, Inc.*		4,540		21,202
Evergreen Solar, Inc.*		109,900		80,667
Exar Corp.*		1,400		8,386
Fairchild Semiconductor International, Inc.*		86,600		814,040
FEI Co.*		23,160		453,241
First Solar, Inc.*		21,350		3,145,922
FormFactor, Inc.*		28,800		247,680
Hittite Microwave Corp.*		14,400		686,160
Integrated Device Technology, Inc.*		77,100		451,035
Intel Corp.		2,078,010		39,960,132
International Rectifier Corp.*		33,800		712,842
Intersil Corp., Class A		46,800		547,092
IXYS Corp.*		700		6,685
KLA-Tencor Corp.		76,180		2,683,821
Kulicke & Soffa Industries, Inc.*		610		3,776
Lam Research Corp.*		54,500		2,280,825
Linear Technology Corp.		94,050		2,890,156
LSI Corp.*		247,100		1,126,776
Marvell Technology Group Ltd.*		216,430		3,789,689
Maxim Integrated Products, Inc.		131,550		2,434,990
MEMC Electronic Materials, Inc.*		100,270		1,195,218
Micrel, Inc.		58,400		575,824
Microchip Technology, Inc.		81,000		2,547,450
Micron Technology, Inc.*		323,450		2,332,075
Microsemi Corp.*		31,400		538,510
MKS Instruments, Inc.*		27,400		492,652
Monolithic Power Systems, Inc.*		31,420		513,089
National Semiconductor Corp.		90,000		1,149,300
Netlogic Microsystems, Inc.*		23,700		653,646
Novellus Systems, Inc.*		36,300		964,854
NVIDIA Corp.*		216,360		2,527,085

See Notes to Portfolio of Investments.

186

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
OmniVision Technologies, Inc.*		19,350	$	445,824
ON Semiconductor Corp.*		162,500		1,171,625
Pericom Semiconductor Corp.*		1,210		10,515
PMC-Sierra, Inc.*		103,000		758,080
Rambus, Inc.*		39,700		827,348
RF Micro Devices, Inc.*		99,570		611,360
Rudolph Technologies, Inc.*		10		83
Semtech Corp.*		41,070		829,203
Silicon Image, Inc.*		5,630		26,911
Silicon Laboratories, Inc.*		21,840		800,436
Skyworks Solutions, Inc.*		72,500		1,499,300
Standard Microsystems Corp.*		30		684
SunPower Corp., Class A*		36,850		530,640
Supertex, Inc.*		430		9,512
Teradyne, Inc.*		91,610		1,020,535
Tessera Technologies, Inc.*		22,000		407,000
Texas Instruments, Inc.		462,090		12,541,123
Varian Semiconductor Equipment Associates, Inc.*		28,200		811,596
Veeco Instruments, Inc.*		15,300		533,511
Volterra Semiconductor Corp.*		80		1,722
Xilinx, Inc.		104,600		2,783,406

				130,749,323

*Software* (*3.8%*)
ACI Worldwide, Inc.*		29,500		660,505
Activision Blizzard, Inc.		196,100		2,121,802
Adobe Systems, Inc.*		199,020		5,204,373
Advent Software, Inc.*		9,420		491,630
ANSYS, Inc.*		34,700		1,466,075
Ariba, Inc.*		45,100		852,390
Autodesk, Inc.*		98,350		3,144,249
Blackbaud, Inc.		33,450		804,138
Blackboard, Inc.*		15,200		547,808
BMC Software, Inc.*		68,600		2,776,928
Bottomline Technologies, Inc.*		220		3,379
CA, Inc.		147,050		3,105,696
Cadence Design Systems, Inc.*		112,030		854,789
Citrix Systems, Inc.*		69,150		4,718,796
Compuware Corp.*		85,050		725,477
Concur Technologies, Inc.*		20,300		1,003,632
Electronic Arts, Inc.*		134,200		2,204,906
EPIQ Systems, Inc.		30,400		372,704
Fair Isaac Corp.		29,200		720,072
Informatica Corp.*		37,700		1,448,057
Intuit, Inc.*		106,050		4,646,050
Jack Henry & Associates, Inc.		30,730		783,615
Kenexa Corp.*		870		15,242
Manhattan Associates, Inc.*		790		23,187
McAfee, Inc.*		65,400		3,090,804
MICROS Systems, Inc.*		30,400		1,286,832
Microsoft Corp.		2,827,550		69,246,700
MicroStrategy, Inc., Class A*		200		17,322
Novell, Inc.*		150,200		896,694
Nuance Communications, Inc.*		84,490		1,321,424
Oracle Corp.		1,417,490		38,059,606
Parametric Technology Corp.*		51,050		997,517
Progress Software Corp.*		19,160		634,196
Quest Software, Inc.*		31,000		762,290
Radiant Systems, Inc.*		160		2,736
Red Hat, Inc.*		71,300		2,923,300
Rovi Corp.*		41,550		2,094,536
Salesforce.com, Inc.*		42,500		4,751,500
Solera Holdings, Inc.		21,110		932,218
SuccessFactors, Inc.*		23,800	$	597,618
Symantec Corp.*		301,990		4,581,188
Synchronoss Technologies, Inc.*		910		16,207
Synopsys, Inc.*		61,920		1,533,758
Take-Two Interactive Software, Inc.*		34,600		350,844
TIBCO Software, Inc.*		85,640		1,519,254
TiVo, Inc.*		66,900		606,114
VMware, Inc., Class A*		27,800		2,361,332
Websense, Inc.*		24,500		434,630

				177,714,120

Total Information Technology				872,882,503

Materials (4.1%)
*Chemicals* (*2.2%*)
A. Schulman, Inc.		470		9,470
Air Products & Chemicals, Inc.		80,280		6,648,790
Airgas, Inc.		31,000		2,106,450
Albemarle Corp.		36,800		1,722,608
Arch Chemicals, Inc.		15,700		550,913
Ashland, Inc.		31,964		1,558,884
Cabot Corp.		29,200		951,044
Celanese Corp.		62,200		1,996,620
CF Industries Holdings, Inc.		28,802		2,750,591
Cytec Industries, Inc.		18,500		1,043,030
Dow Chemical Co.		436,680		11,991,233
E.I. du Pont de Nemours & Co.		342,540		15,284,135
Eastman Chemical Co.		26,660		1,972,840
Ecolab, Inc.		88,212		4,475,877
Ferro Corp.*		40,360		520,240
FMC Corp.		26,950		1,843,650
Huntsman Corp.		61,000		705,160
Innophos Holdings, Inc.		510		16,881
International Flavors & Fragrances, Inc.		35,000		1,698,200
Intrepid Potash, Inc.*		21,300		555,291
LSB Industries, Inc.*		580		10,771
Lubrizol Corp.		25,800		2,734,026
Minerals Technologies, Inc.		8,600		506,712
Monsanto Co.		206,300		9,887,959
Mosaic Co.		59,330		3,486,231
Nalco Holding Co.		49,000		1,235,290
NewMarket Corp.		4,600		522,928
Olin Corp.		29,800		600,768
PolyOne Corp.*		2,750		33,247
PPG Industries, Inc.		62,900		4,579,120
Praxair, Inc.		114,700		10,352,822
Quaker Chemical Corp.		480		15,629
Rockwood Holdings, Inc.*		19,730		620,903
RPM International, Inc.		49,050		977,076
Scotts Miracle-Gro Co., Class A		19,400		1,003,562
Sensient Technologies Corp.		20,600		628,094
Sherwin-Williams Co.		34,800		2,614,872
Sigma-Aldrich Corp.		45,900		2,771,442
Solutia, Inc.*		45,900		735,318
Spartech Corp.*		1,320		10,837
Valspar Corp.		44,500		1,417,325
W.R. Grace & Co.*		27,500		768,350
Westlake Chemical Corp.		310		9,278

				103,924,467

*Construction Materials* (*0.1%*)
Martin Marietta Materials, Inc.		17,700		1,362,369
Texas Industries, Inc.		100		3,152

See Notes to Portfolio of Investments.

187

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Vulcan Materials Co.		48,700	$	1,798,004

				3,163,525

*Containers & Packaging* (*0.4%*)
AptarGroup, Inc.		29,600		1,351,832
Ball Corp.		34,250		2,015,613
Bemis Co., Inc.		42,300		1,343,025
Crown Holdings, Inc.*		72,750		2,085,015
Graphic Packaging Holding Co.*		143,300		478,622
Greif, Inc., Class A		14,800		870,832
Myers Industries, Inc.		1,070		9,191
Owens-Illinois, Inc.*		61,850		1,735,511
Packaging Corp. of America		48,600		1,126,062
Pactiv Corp.*		56,450		1,861,721
Rock-Tenn Co., Class A		14,700		732,207
Sealed Air Corp.		69,960		1,572,701
Silgan Holdings, Inc.		20,400		646,680
Sonoco Products Co.		44,160		1,476,710
Temple-Inland, Inc.		40,700		759,462

				18,065,184

*Metals & Mining* (*1.2%*)
AK Steel Holding Corp.		41,600		574,496
Alcoa, Inc.		379,950		4,601,194
Allegheny Technologies, Inc.		44,660		2,074,457
Allied Nevada Gold Corp.*		24,000		636,000
AMCOL International Corp.		19,500		510,705
Carpenter Technology Corp.		24,000		809,040
Cliffs Natural Resources, Inc.		55,540		3,550,117
Coeur d’Alene Mines Corp.*		33,300		663,336
Commercial Metals Co.		49,390		715,661
Compass Minerals International, Inc.		12,400		950,088
Freeport-McMoRan Copper & Gold, Inc.		174,850		14,930,442
Golden Star Resources Ltd.*		95,200		470,288
Hecla Mining Co.*		91,500		578,280
Newmont Mining Corp.		179,900		11,299,519
Nucor Corp.		119,120		4,550,384
Olympic Steel, Inc.		720		16,553
Reliance Steel & Aluminum Co.		28,100		1,166,993
Royal Gold, Inc.		18,000		897,120
Southern Copper Corp.		63,960		2,246,275
Steel Dynamics, Inc.		71,300		1,006,043
Thompson Creek Metals Co., Inc.*		52,900		570,262
Titanium Metals Corp.*		30,000		598,800
United States Steel Corp.		51,590		2,261,706
Universal Stainless & Alloy Products, Inc.*		40		982
Walter Energy, Inc.		22,000		1,788,380
Worthington Industries, Inc.		37,000		556,110

				58,023,231

*Paper & Forest Products* (*0.2%*)
Buckeye Technologies, Inc.		1,360		20,006
Clearwater Paper Corp.*		5,325		405,126
Deltic Timber Corp.		9,200		412,160
Domtar Corp.		19,740		1,274,809
International Paper Co.		165,050		3,589,838
Louisiana-Pacific Corp.*		3,030		22,937
MeadWestvaco Corp.		78,600		1,916,268
Neenah Paper, Inc.		160		2,432
P.H. Glatfelter Co.		1,440		17,510
Weyerhaeuser Co.		197,633		3,114,696

				10,775,782

Total Materials				193,952,189

Telecommunication Services (3.0%)
*Diversified Telecommunication Services* (*2.4%*)
AT&T, Inc.		2,191,054	$	62,664,144
CenturyLink, Inc.		113,569		4,481,433
Frontier Communications Corp.		374,990		3,063,668
Level 3 Communications, Inc.*		626,200		586,937
Qwest Communications International, Inc.		625,680		3,923,014
tw telecom, Inc.*		57,400		1,065,918
Verizon Communications, Inc.		1,051,840		34,279,466
Windstream Corp.		212,071		2,606,353

				112,670,933

*Wireless Telecommunication Services* (*0.6%*)
American Tower Corp., Class A*		152,500		7,817,150
Crown Castle International Corp.*		109,850		4,849,877
Leap Wireless International, Inc.*		31,900		393,965
MetroPCS Communications, Inc.*		108,050		1,130,203
NII Holdings, Inc.*		73,400		3,016,740
SBA Communications Corp., Class A*		48,700		1,962,610
Sprint Nextel Corp.*		1,113,525		5,155,621
Syniverse Holdings, Inc.*		45,100		1,022,417
Telephone & Data Systems, Inc.		31,910		1,046,648

				26,395,231

Total Telecommunication Services				139,066,164

Utilities (3.7%)
*Electric Utilities* (*1.8%*)
Allegheny Energy, Inc.		64,100		1,571,732
American Electric Power Co., Inc.		181,070		6,560,166
Cleco Corp.		25,900		767,158
DPL, Inc.		45,000		1,175,850
Duke Energy Corp.		496,500		8,793,015
Edison International		123,160		4,235,472
Entergy Corp.		71,600		5,479,548
Exelon Corp.		249,740		10,633,929
FirstEnergy Corp.		115,250		4,441,735
Great Plains Energy, Inc.		51,600		975,240
IDACORP, Inc.		20,050		720,196
ITC Holdings Corp.		20,600		1,282,350
NextEra Energy, Inc.		156,750		8,525,633
Northeast Utilities		61,550		1,820,034
NV Energy, Inc.		100,300		1,318,945
Pepco Holdings, Inc.		87,450		1,626,570
Pinnacle West Capital Corp.		42,600		1,758,102
Portland General Electric Co.		28,500		577,980
PPL Corp.		179,450		4,886,424
Progress Energy, Inc.		112,420		4,993,696
Southern Co.		311,750		11,609,570
Westar Energy, Inc.		43,900		1,063,697

				84,817,042

*Gas Utilities* (*0.3%*)
AGL Resources, Inc.		32,350		1,240,946
Atmos Energy Corp.		38,500		1,126,125
Energen Corp.		27,200		1,243,584
National Fuel Gas Co.		28,900		1,497,309
New Jersey Resources Corp.		18,100		709,882
Nicor, Inc.		17,100		783,522
Oneok, Inc.		46,500		2,094,360
Piedmont Natural Gas Co., Inc.		30,900		896,100
Questar Corp.		66,200		1,160,486
South Jersey Industries, Inc.		12,100		598,587
Southwest Gas Corp.		17,200		577,748

See Notes to Portfolio of Investments.

188

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
UGI Corp.		45,950	$	1,314,629
WGL Holdings, Inc.		19,100		721,598

				13,964,876

*Independent Power Producers & Energy Traders* (*0.2%*)
AES Corp.*		275,595		3,128,003
Calpine Corp.*		152,700		1,901,115
Constellation Energy Group, Inc.		75,150		2,422,836
Mirant Corp.*		74,000		737,040
NRG Energy, Inc.*		102,550		2,135,091
RRI Energy, Inc.*		154,470		548,369

				10,872,454

*Multi-Utilities* (*1.3%*)
Alliant Energy Corp.		43,600		1,584,860
Ameren Corp.		88,700		2,519,080
CenterPoint Energy, Inc.		156,550		2,460,966
CMS Energy Corp.		86,900		1,565,938
Consolidated Edison, Inc.		106,600		5,140,252
Dominion Resources, Inc.		225,350		9,838,781
DTE Energy Co.		62,400		2,866,032
Integrys Energy Group, Inc.		30,100		1,567,006
MDU Resources Group, Inc.		78,350		1,563,082
NiSource, Inc.		121,000		2,105,400
NSTAR		42,300		1,664,505
OGE Energy Corp.		36,800		1,467,216
PG&E Corp.		138,420		6,287,036
Public Service Enterprise Group, Inc.		191,300		6,328,204
SCANA Corp.		38,550		1,554,336
Sempra Energy		93,590		5,035,142
TECO Energy, Inc.		80,850		1,400,322
Vectren Corp.		30,700		794,209
Wisconsin Energy Corp.		42,650		2,465,170
Xcel Energy, Inc.		185,580		4,262,773

				62,470,310

*Water Utilities* (*0.1%*)
American Water Works Co., Inc.		65,800		1,531,166
Aqua America, Inc.		53,850		1,098,540

				2,629,706

Total Utilities				174,754,388

Total Common Stocks (99.6%) (Cost $4,163,971,582)				4,714,677,592


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (0.4%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $20,559,744)	$	20,559,744		20,559,744

Total Investments (100.0%) (Cost/Amortized Cost $4,184,531,326)				4,735,237,336
Other Assets Less Liabilities (0.0%)				643,813

Net Assets (100%)			$	4,735,881,149

*	Non-income producing.

#	All, or a portion of security held by broker as collateral for financial futures contracts, with a total collateral value of $18,907,740.

See Notes to Portfolio of Investments.

189

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)


Purchases
Russell 2000 Mini Index		35		December-10	$	2,299,341	$	2,360,750	$	61,409
S&P 500 E-Mini Index		291		December-10		16,461,692		16,538,985		77,293

									$	138,702

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	533,617,019	$	—	$	—	$	533,617,019
Consumer Staples		456,083,207		—		—		456,083,207
Energy		482,161,144		—		—		482,161,144
Financials		766,512,785		—		—		766,512,785
Health Care		558,945,802		—		—		558,945,802
Industrials		536,702,391		—		—		536,702,391
Information Technology		872,882,503		—		—		872,882,503
Materials		193,952,189		—		—		193,952,189
Telecommunication Services		139,066,164		—		—		139,066,164
Utilities		174,754,388		—		—		174,754,388
Futures		138,702		—		—		138,702
Short-Term Investments		—		20,559,744		—		20,559,744

Total Assets	$	4,714,816,294	$	20,559,744	$	—	$	4,735,376,038

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	4,714,816,294	$	20,559,744	$	—	$	4,735,376,038

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities-Financials
	Investments in Securities-Financials
Balance as of 12/31/09	$	3,023
Total gains or losses (realized/unrealized) included in earnings		—
Purchases, sales, issuances, and settlements (net)		(3,023	)
Transfers into Level 3		—
Transfers out of Level 3		—

Balance as of 9/30/10	$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	—

See Notes to Portfolio of Investments.

190

EQ ADVISORS TRUST

EQ/COMMON STOCK INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	428,478,788
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	782,987,953

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	1,062,098,517
Aggregate gross unrealized depreciation		(570,026,525	)

Net unrealized appreciation	$	492,071,992

Federal income tax cost of investments	$	4,243,165,344

See Notes to Portfolio of Investments.

191

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
LONG-TERM DEBT SECURITIES:
Asset-Backed and Mortgage-Backed Securities (3.2%)
*Asset-Backed Securities (0.2%)*
AEP Texas Central Transition Funding LLC,
Series 2002-1 A4
5.170%, 1/1/18	$	365,000	$	427,556
Series 2002-1 A5
6.250%, 1/15/17		350,000		418,252
Ally Auto Receivables Trust,
Series 2010-3 A3
1.110%, 10/15/14		150,000		150,676
BMW Vehicle Owner Trust,
Series 2010-A A3
1.390%, 4/25/14		200,000		202,091
Capital One Multi-Asset Execution Trust,
Series 2005-A7 A7
4.700%, 6/15/15		500,000		534,956
Series 2006-A10 A10
5.150%, 6/16/14		100,000		103,844
Series 2007-A7 A7
5.750%, 7/15/20		200,000		237,517
Chase Issuance Trust,
Series 2007-A17 A
5.120%, 10/15/14		1,750,000		1,901,583
Citibank Credit Card Issuance Trust,
Series 2003-A10 A10
4.750%, 12/10/15		250,000		277,075
Series 2003-A7 A7
4.150%, 7/7/17		700,000		773,794
Series 2005-A2 A2
4.850%, 3/10/17		500,000		566,964
Series 2006-A3 A3
5.300%, 3/15/18		1,350,000		1,573,966
Series 2007-A8 A8
5.650%, 9/20/19		750,000		899,800
Series 2008-A1 A1
5.350%, 2/7/20		2,100,000		2,484,885
Series 2009-A4 A4
4.900%, 6/23/16		1,200,000		1,349,563
Series 2009-A5 A5
2.250%, 12/23/14		250,000		257,001
Entergy Texas Restoration Funding LLC,
Series 2009-A A1
2.120%, 2/1/16		139,534		143,374
Ford Credit Auto Owner Trust,
Series 2010-B A3
0.980%, 10/15/14		200,000		200,882
Honda Auto Receivables Owner Trust,
Series 2010-2 A3
1.340%, 3/18/14		355,000		358,341
Nissan Auto Receivables Owner Trust,
Series 2010-A A3
0.870%, 7/15/14		100,000		100,140
PG&E Energy Recovery Funding LLC,
Series 2005-1 A5
4.470%, 12/25/14		650,000		697,667
PSE&G Transition Funding LLC,
Series 2001-1 A6
6.610%, 6/15/15		450,000		494,463
USAA Auto Owner Trust,
Series 2009-2 A4
2.530%, 7/15/15		200,000		207,829

				14,362,219

*Non-Agency CMO (3.0%)*
Banc of America Commercial Mortgage, Inc.,
Series 2004-6 A3
4.512%, 12/10/42	$	3,000,000	$	3,079,249
Series 2005-1 A4
5.228%, 11/10/42(l)		2,700,000		2,880,946
Series 2005-4 A2
4.764%, 7/10/45		177,728		184,578
Series 2006-4 A4
5.634%, 7/10/46		50,000		54,119
Series 2006-6 A4
5.356%, 10/10/45		750,000		799,439
Series 2007-2 A4
5.867%, 4/10/49(l)		3,375,000		3,453,369
Series 2007-3 A4
5.837%, 6/10/49(l)		3,390,000		3,479,431
Series 2007-4 A4
5.934%, 2/10/51(l)		1,000,000		1,073,020
Bear Stearns Commercial Mortgage Securities, Inc.,
Series 2004-T16 A6
4.750%, 2/13/46(l)		2,560,000		2,669,528
Series 2005-PW10 A4
5.405%, 12/11/40(l)		175,000		194,288
Series 2005-PW10 AM
5.449%, 12/11/40(l)		1,000,000		957,315
Series 2005-PWR7 A3
5.116%, 2/11/41(l)		3,105,000		3,349,280
Series 2005-PWR8 A4
4.674%, 6/11/41		1,000,000		1,067,660
Series 2006-T24 A4
5.537%, 10/12/41		750,000		825,599
Series 2007-PW16 A4
5.907%, 6/11/40(l)		1,250,000		1,342,530
Series 2007-PW17 A2
5.574%, 6/11/50		750,000		783,400
Series 2007-PW17 AM
5.915%, 6/11/50(l)		2,000,000		1,912,462
Citigroup Commercial Mortgage Trust, Inc.,
Series 2006-C5 A4
5.431%, 10/15/49		1,250,000		1,353,340
Series 2007-C6 A4
5.887%, 12/10/49(l)		1,650,000		1,766,115
Citigroup/Deutsche Bank Commercial
Mortgage Trust,
Series 2005-CD1 A4
5.396%, 7/15/44(l)		2,000,000		2,201,991
Series 2006-CD2 A4
5.548%, 1/15/46(l)		1,000,000		1,068,414
Series 2006-CD3 AM
5.648%, 10/15/48		1,000,000		949,392
Series 2007-CD4 A3
5.293%, 12/11/49		2,000,000		2,048,349
Series 2007-CD4 A4
5.322%, 12/11/49		100,000		102,557
Commercial Mortgage Pass Through Certificates,
Series 2005-LP5 A4
4.982%, 5/10/43(l)		2,610,000		2,820,208
Credit Suisse Mortgage Capital Certificates,
Series 2006-C2 A2
5.846%, 3/15/39(l)		250,000		266,562
Series 2006-C3 A3
6.020%, 6/15/38(l)		1,100,000		1,191,387
Series 2006-C4 A3
5.467%, 9/15/39		2,090,000		2,201,537

See Notes to Portfolio of Investments.

192

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Series 2007-C4 A3
5.998%, 9/15/39(l)	$	1,000,000	$	1,040,183
CS First Boston Mortgage Securities Corp.,
Series 2004-C1 A4
4.750%, 1/15/37(l)		250,000		264,161
Series 2004-C2 A1
3.819%, 5/15/36		444,745		456,956
Series 2004-C2 A2
5.416%, 5/15/36(l)		750,000		806,999
Series 2004-C4 A6
4.691%, 10/15/39		600,000		638,986
Series 2004-C5 A4
4.829%, 11/15/37		1,000,000		1,062,280
Series 2005-C3 A4
4.686%, 7/15/37		345,000		372,753
CW Capital Cobalt Ltd.,
Series 2007-C3 A4
6.013%, 5/15/46(l)		50,000		51,356
GE Capital Commercial Mortgage Corp.,
Series 2005-C1 A3
4.578%, 6/10/48		1,110,000		1,147,722
Series 2007-C1 A4
5.543%, 12/10/49		2,325,000		2,337,709
GMAC Commercial Mortgage Securities, Inc.,
Series 2004-C3 A5
4.864%, 12/10/41		2,700,000		2,868,243
Greenwich Capital Commercial Funding Corp.,
Series 2005-GG3 A4
4.799%, 8/10/42(l)		3,450,000		3,678,048
Series 2005-GG5 A5
5.224%, 4/10/37(l)		2,000,000		2,165,666
Series 2006-GG7 A4
6.080%, 7/10/38(l)		3,178,000		3,481,614
Series 2007-GG9 A4
5.444%, 3/10/39		2,300,000		2,436,738
GS Mortgage Securities Corp. II,
Series 2004-GG2 A6
5.396%, 8/10/38(l)		3,941,000		4,297,499
Series 2005-GG4 A4
4.761%, 7/10/39		2,500,000		2,636,279
Series 2006-GG6 A4
5.553%, 4/10/38(l)		3,372,000		3,646,656
Series 2006-GG8 A2
5.479%, 11/10/39		750,000		767,306
Series 2006-GG8 A4
5.560%, 11/10/39		65,000		69,396
JPMorgan Chase Commercial Mortgage
Securities Corp.,
Series 2003-CB7 A4
4.879%, 1/12/38(l)		5,236,000		5,589,935
Series 2005-LDP1 A3
4.865%, 3/15/46		3,000,000		3,129,082
Series 2005-LDP2 A3
4.697%, 7/15/42		200,000		205,672
Series 2005-LDP3 A4B
4.996%, 8/15/42(l)		1,275,000		1,278,106
Series 2006-CB15 A4
5.814%, 6/12/43(l)		3,285,000		3,576,079
Series 2006-CB16 A4
5.552%, 5/12/45		1,000,000		1,083,009
Series 2006-LDP9 A1S
5.284%, 5/15/47		2,683,697		2,733,269
Series 2007-C1 ASB
5.857%, 2/15/51		2,000,000		2,105,106
Series 2007-CB18 A4
5.440%, 6/12/47	$	1,960,000	$	2,055,256
Series 2007-LD11 A2
5.991%, 6/15/49(l)		1,000,000		1,042,456
Series 2007-LD11 A4
6.006%, 6/15/49(l)		1,000,000		1,031,499
LB-UBS Commercial Mortgage Trust,
Series 2004-C2 A4
4.367%, 3/15/36		3,590,000		3,782,382
Series 2004-C8 A4
4.510%, 12/15/29		1,611,000		1,647,097
Series 2005-C3 A5
4.739%, 7/15/30		200,000		215,950
Series 2005-C7 A4
5.197%, 11/15/30(l)		300,000		329,332
Series 2006-C1 A4
5.156%, 2/15/31		2,500,000		2,721,487
Series 2006-C3 A4
5.661%, 3/15/39(l)		2,000,000		2,164,939
Series 2007-C6 A4
5.858%, 7/15/40(l)		2,650,000		2,802,303
Series 2007-C7 A3
5.866%, 9/15/45(l)		3,480,000		3,680,805
Series 2008-C1 A2
6.324%, 4/15/41(l)		1,000,000		1,114,341
Merrill Lynch Mortgage Trust,
Series 2004-KEY2 A4
4.864%, 8/12/39(l)		2,820,000		2,977,980
Series 2005-MCP1 A4
4.747%, 6/12/43(l)		130,000		139,431
Series 2007-C1 A4
6.020%, 6/12/50(l)		2,825,000		2,923,961
Series 2008-C1 A3
5.710%, 2/12/51		300,000		311,439
Merrill Lynch/Countrywide Commercial
Mortgage Trust,
Series 2006-4 A3
5.172%, 12/12/49(l)		100,000		102,903
Series 2007-5 A4
5.378%, 8/12/48		4,150,000		4,084,849
Series 2007-6 A4
5.485%, 3/12/51(l)		2,750,000		2,680,642
Morgan Stanley Capital I, Inc.,
Series 2003-T11 A4
5.150%, 6/13/41		200,000		215,218
Series 2004-IQ8 A5
5.110%, 6/15/40(l)		630,000		679,476
Series 2005-HQ5 A4
5.168%, 1/14/42		1,194,000		1,290,635
Series 2005-IQ9 A5
4.700%, 7/15/56		3,800,000		4,056,663
Series 2006-HQ8 A3
5.610%, 3/12/44(l)		1,000,000		1,017,423
Series 2007-HQ12 A5
5.814%, 4/12/49(l)		1,540,000		1,498,745
Series 2007-IQ14 A2
5.610%, 4/15/49		2,500,000		2,607,163
Series 2007-IQ14 A4
5.692%, 4/15/49(l)		85,000		86,163
Series 2007-T25 A3
5.514%, 11/12/49(l)		4,150,000		4,591,325
TIAA Seasoned Commercial Mortgage Trust,
Series 2007-C4 A3
6.043%, 8/15/39(l)		1,015,000		1,125,181

See Notes to Portfolio of Investments.

193

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Wachovia Bank Commercial Mortgage Trust, Series 2003-C8 A4
4.964%, 11/15/35(l)	$	2,765,000	$	3,002,830
Series 2003-C9 A4
5.012%, 12/15/35(l)		250,000		271,746
Series 2004-C11 A5
5.215%, 1/15/41(l)		1,002,000		1,084,104
Series 2004-C14 A2
4.368%, 8/15/41		616,495		640,376
Series 2006-C23 AJ
5.515%, 1/15/45(l)		1,000,000		810,000
Series 2006-C27 A3
5.765%, 7/15/45(l)		1,085,000		1,184,585
Series 2006-C27 AM
5.795%, 7/15/45(l)		500,000		491,534
Series 2007-C30 A5
5.342%, 12/15/43		1,175,000		1,152,965
Series 2007-C31 A2
5.421%, 4/15/47		3,250,000		3,357,182
Series 2007-C32 A3
5.933%, 6/15/49(l)		1,000,000		1,008,970
Series 2007-C33 A4
6.102%, 2/15/51(l)		1,757,000		1,834,077

				165,818,286

Total Asset-Backed and Mortgage-Backed Securities				180,180,505

Corporate Bonds (20.7%)
Consumer Discretionary (1.4%)
*Auto Components (0.0%)*
Johnson Controls, Inc.
5.000%, 3/30/20	$	750,000		824,251

*Automobiles (0.1%)*
Daimler Finance N.A. LLC
6.500%, 11/15/13		1,232,000		1,409,195
8.500%, 1/18/31		530,000		728,511

				2,137,706

*Hotels, Restaurants & Leisure (0.1%)*
Darden Restaurants, Inc.
6.800%, 10/15/37		200,000		231,981
International Game Technology
7.500%, 6/15/19		150,000		178,263
Marriott International, Inc.
5.625%, 2/15/13		500,000		533,909
McDonald’s Corp.
4.300%, 3/1/13		250,000		270,512
5.350%, 3/1/18		500,000		585,757
5.000%, 2/1/19		750,000		867,487
6.300%, 3/1/38		507,000		633,994
4.875%, 7/15/40		120,000		124,522
Yum! Brands, Inc.
4.250%, 9/15/15		400,000		435,862
6.875%, 11/15/37		1,045,000		1,249,506

				5,111,793

*Household Durables (0.1%)*
Fortune Brands, Inc.
3.000%, 6/1/12		300,000		305,527
6.375%, 6/15/14		300,000		340,374
5.375%, 1/15/16		500,000		548,091
Newell Rubbermaid, Inc.
4.700%, 8/15/20		450,000		471,136
Toll Brothers Finance Corp.
8.910%, 10/15/17	$	400,000	$	465,586
6.750%, 11/1/19		250,000		258,715
Whirlpool Corp.
8.000%, 5/1/12		225,000		245,184
5.500%, 3/1/13		500,000		536,391

				3,171,004

*Internet & Catalog Retail (0.0%)*
Expedia, Inc.
5.950%, 8/15/20§		500,000		505,625

*Leisure Equipment & Products (0.0%)*
Hasbro, Inc.
6.350%, 3/15/40		155,000		159,401

*Media (0.9%)*
CBS Corp.
5.625%, 8/15/12		500,000		530,689
4.625%, 5/15/18		45,000		46,527
8.875%, 5/15/19		250,000		325,889
5.750%, 4/15/20		370,000		410,962
7.875%, 7/30/30		581,000		699,355
Comcast Cable Communications Holdings, Inc.
8.375%, 3/15/13		1,073,000		1,246,066
Comcast Corp.
6.500%, 1/15/15		300,000		351,749
5.900%, 3/15/16		1,346,000		1,554,812
5.700%, 5/15/18		800,000		915,698
5.700%, 7/1/19		1,050,000		1,204,927
5.150%, 3/1/20		1,000,000		1,092,899
7.050%, 3/15/33		250,000		292,850
6.500%, 11/15/35		1,000,000		1,117,864
6.450%, 3/15/37		715,000		794,275
6.950%, 8/15/37		1,142,000		1,339,098
6.550%, 7/1/39		550,000		622,616
COX Communications, Inc.
4.625%, 6/1/13		800,000		862,934
5.450%, 12/15/14		545,000		616,515
DIRECTV Holdings LLC
3.550%, 3/15/15		390,000		404,837
5.200%, 3/15/20		465,000		503,308
6.350%, 3/15/40		380,000		411,139
DIRECTV Holdings LLC/DIRECTV Financing Co., Inc.
4.750%, 10/1/14		800,000		873,750
7.625%, 5/15/16		786,000		876,390
5.875%, 10/1/19		500,000		567,492
4.600%, 2/15/21		500,000		513,802
Discovery Communications LLC
3.700%, 6/1/15		300,000		317,891
5.050%, 6/1/20		600,000		653,029
6.350%, 6/1/40		300,000		335,161
Grupo Televisa S.A.
6.000%, 5/15/18		600,000		668,176
Historic TW, Inc.
6.625%, 5/15/29		500,000		566,362
McGraw-Hill Cos., Inc.
5.900%, 11/15/17		500,000		564,786
6.550%, 11/15/37		200,000		230,643
NBC Universal, Inc.
3.650%, 4/30/15§		300,000		316,667
5.150%, 4/30/20§		845,000		912,537
6.400%, 4/30/40§		125,000		136,103
News America Holdings, Inc.
9.250%, 2/1/13		676,000		789,370

See Notes to Portfolio of Investments.

194

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
News America, Inc.
6.900%, 3/1/19	$	250,000	$	305,761
5.650%, 8/15/20		500,000		575,956
6.550%, 3/15/33		500,000		558,072
6.200%, 12/15/34		35,000		37,810
6.150%, 3/1/37		471,000		507,150
6.650%, 11/15/37		800,000		920,231
7.850%, 3/1/39		500,000		638,501
Omnicom Group, Inc.
6.250%, 7/15/19		300,000		352,688
4.450%, 8/15/20		180,000		185,057
Reed Elsevier Capital, Inc.
8.625%, 1/15/19		750,000		986,732
Thomson Reuters Corp.
5.700%, 10/1/14		870,000		997,971
6.500%, 7/15/18		500,000		607,140
4.700%, 10/15/19		300,000		331,152
5.850%, 4/15/40		300,000		332,272
Time Warner Cable, Inc.
5.400%, 7/2/12		500,000		535,682
6.200%, 7/1/13		1,400,000		1,577,170
7.500%, 4/1/14		500,000		589,320
5.850%, 5/1/17		960,000		1,094,605
6.750%, 7/1/18		500,000		596,319
8.250%, 4/1/19		750,000		968,308
5.000%, 2/1/20		440,000		471,210
6.550%, 5/1/37		345,000		389,084
7.300%, 7/1/38		775,000		951,965
6.750%, 6/15/39		1,000,000		1,153,961
Time Warner Entertainment Co. LP
8.375%, 3/15/23		500,000		659,495
Time Warner, Inc.
3.150%, 7/15/15		1,500,000		1,554,794
5.875%, 11/15/16		472,000		549,616
4.875%, 3/15/20		200,000		216,973
4.700%, 1/15/21		1,500,000		1,589,379
7.700%, 5/1/32		1,999,000		2,497,990
6.500%, 11/15/36		500,000		560,726
Viacom, Inc.
4.375%, 9/15/14		400,000		434,160
6.250%, 4/30/16		205,000		240,460
5.625%, 9/15/19		700,000		797,969
6.875%, 4/30/36		500,000		586,993
Walt Disney Co.
6.375%, 3/1/12		60,000		64,745
4.500%, 12/15/13		2,500,000		2,770,413
5.500%, 3/15/19		500,000		596,516

				52,451,514

*Multiline Retail (0.1%)*
Kohl’s Corp.
6.250%, 12/15/17		440,000		525,886
Nordstrom, Inc.
6.750%, 6/1/14		200,000		234,490
4.750%, 5/1/20		535,000		572,347
Target Corp.
5.125%, 1/15/13		800,000		873,529
5.875%, 7/15/16		500,000		598,728
6.000%, 1/15/18		1,250,000		1,507,861
6.350%, 11/1/32		25,000		29,547
6.500%, 10/15/37		500,000		612,146
7.000%, 1/15/38		1,000,000		1,289,481

				6,244,015

*Specialty Retail (0.1%)*
AutoZone, Inc.
5.875%, 10/15/12	$	300,000	$	326,141
Home Depot, Inc.
5.250%, 12/16/13		1,035,000		1,154,852
5.400%, 3/1/16		1,442,000		1,641,840
5.875%, 12/16/36		789,000		841,144
Lowe’s Cos., Inc.
5.000%, 10/15/15		500,000		575,662
5.400%, 10/15/16		20,000		23,578
4.625%, 4/15/20		200,000		223,324
6.875%, 2/15/28		500,000		625,405
5.800%, 10/15/36		463,000		517,311
5.800%, 4/15/40		285,000		320,463
Staples, Inc.
9.750%, 1/15/14		500,000		619,123
TJX Cos., Inc.
4.200%, 8/15/15		200,000		221,493
6.950%, 4/15/19		285,000		362,499

				7,452,835

Total Consumer Discretionary				78,058,144

Consumer Staples (1.5%)
*Beverages (0.5%)*
Anheuser-Busch Cos., Inc.
5.050%, 10/15/16		1,000,000		1,128,588
5.750%, 4/1/36		30,000		32,764
6.450%, 9/1/37		612,000		724,107
Anheuser-Busch InBev Worldwide, Inc.
3.000%, 10/15/12		2,250,000		2,336,139
4.125%, 1/15/15		1,250,000		1,345,572
5.375%, 1/15/20		2,250,000		2,539,780
6.375%, 1/15/40		500,000		604,184
Bottling Group LLC
4.625%, 11/15/12		159,000		171,156
6.950%, 3/15/14		700,000		829,875
5.125%, 1/15/19		500,000		573,793
Coca-Cola Co.
3.625%, 3/15/14		200,000		216,161
5.350%, 11/15/17		860,000		1,012,409
4.875%, 3/15/19		500,000		574,293
Coca-Cola Enterprises, Inc.
7.375%, 3/3/14		600,000		721,247
8.500%, 2/1/22		1,000,000		1,424,544
6.950%, 11/15/26		35,000		45,032
6.750%, 9/15/28		466,000		593,467
Diageo Capital plc
7.375%, 1/15/14		1,000,000		1,184,687
5.750%, 10/23/17		580,000		684,518
5.875%, 9/30/36		250,000		287,622
Diageo Finance B.V.
3.250%, 1/15/15		400,000		423,013
5.300%, 10/28/15		910,000		1,047,929
Dr. Pepper Snapple Group, Inc.
1.700%, 12/21/11		200,000		201,552
2.350%, 12/21/12		200,000		205,216
6.820%, 5/1/18		550,000		680,485
Pepsi Bottling Group, Inc.
7.000%, 3/1/29		400,000		527,831
PepsiAmericas, Inc.
4.375%, 2/15/14		250,000		275,122
4.875%, 1/15/15		700,000		791,036
PepsiCo, Inc.
4.650%, 2/15/13		212,000		231,047

See Notes to Portfolio of Investments.

195

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
3.750%, 3/1/14	$	1,250,000	$	1,352,113
7.900%, 11/1/18		600,000		799,365
4.500%, 1/15/20		1,000,000		1,115,005
5.500%, 1/15/40		200,000		229,032

				24,908,684

*Food & Staples Retailing (0.4%)*
Costco Wholesale Corp.
5.300%, 3/15/12		300,000		320,030
5.500%, 3/15/17		360,000		427,628
CVS Caremark Corp.
3.250%, 5/18/15		150,000		156,678
5.750%, 6/1/17		1,000,000		1,147,585
6.600%, 3/15/19		500,000		606,753
4.750%, 5/18/20		200,000		217,535
6.250%, 6/1/27		486,000		554,083
6.302%, 6/1/37(l)		300,000		277,500
6.125%, 9/15/39		500,000		551,967
Delhaize America, Inc.
9.000%, 4/15/31		250,000		353,319
Delhaize Group S.A.
5.875%, 2/1/14		250,000		282,167
Kroger Co.
7.500%, 1/15/14		1,000,000		1,181,741
4.950%, 1/15/15		90,000		100,283
3.900%, 10/1/15		500,000		542,646
6.400%, 8/15/17		250,000		298,857
8.000%, 9/15/29		500,000		662,305
6.900%, 4/15/38		400,000		494,837
Safeway, Inc.
5.800%, 8/15/12		950,000		1,027,192
3.950%, 8/15/20		120,000		120,676
7.250%, 2/1/31		200,000		246,903
Sysco Corp.
5.250%, 2/12/18		1,000,000		1,150,127
Walgreen Co.
4.875%, 8/1/13		500,000		554,699
5.250%, 1/15/19		500,000		581,102
Wal-Mart Stores, Inc.
5.000%, 4/5/12		1,874,000		1,993,659
4.550%, 5/1/13		1,000,000		1,094,283
3.200%, 5/15/14		300,000		321,198
4.125%, 2/1/19		1,750,000		1,916,423
5.250%, 9/1/35		1,045,000		1,119,002
6.500%, 8/15/37		1,560,000		1,946,841
5.625%, 4/1/40		1,000,000		1,132,871

				21,380,890

*Food Products (0.3%)*
Archer-Daniels-Midland Co.
5.450%, 3/15/18		300,000		349,489
5.375%, 9/15/35		735,000		799,437
Bunge Ltd. Finance Corp.
8.500%, 6/15/19		565,000		682,897
Campbell Soup Co.
5.000%, 12/3/12		500,000		545,636
3.375%, 8/15/14		200,000		216,193
3.050%, 7/15/17		200,000		210,528
4.500%, 2/15/19		382,000		427,380
Corn Products International, Inc.
3.200%, 11/1/15		200,000		203,849
4.625%, 11/1/20		200,000		204,592
6.625%, 4/15/37		200,000		218,461
General Mills, Inc.
5.200%, 3/17/15		500,000		572,151
5.700%, 2/15/17		500,000		590,319
5.650%, 2/15/19	$	500,000	$	585,621
5.400%, 6/15/40		225,000		246,606
H.J. Heinz Co.
5.350%, 7/15/13		400,000		441,808
Hershey Co.
4.850%, 8/15/15		452,000		507,811
Kellogg Co.
4.250%, 3/6/13		1,500,000		1,608,750
7.450%, 4/1/31		25,000		33,900
Kraft Foods, Inc.
5.625%, 11/1/11		60,000		63,016
6.250%, 6/1/12		951,000		1,033,355
6.000%, 2/11/13		300,000		333,178
2.625%, 5/8/13		300,000		310,929
5.250%, 10/1/13		115,000		127,198
6.750%, 2/19/14		750,000		872,104
4.125%, 2/9/16		300,000		324,510
6.125%, 2/1/18		1,312,000		1,546,855
6.125%, 8/23/18		500,000		590,864
5.375%, 2/10/20		900,000		1,005,344
6.500%, 11/1/31		500,000		574,888
7.000%, 8/11/37		700,000		858,888
6.500%, 2/9/40		1,200,000		1,405,039
Ralcorp Holdings, Inc.
6.625%, 8/15/39		200,000		217,322
Sara Lee Corp.
6.125%, 11/1/32		500,000		533,655

				18,242,573

*Household Products (0.1%)*
Clorox Co.
5.450%, 10/15/12		940,000		1,021,456
3.550%, 11/1/15		200,000		214,684
5.950%, 10/15/17		50,000		59,199
Kimberly-Clark Corp.
6.125%, 8/1/17		500,000		610,468
7.500%, 11/1/18		700,000		921,378
6.625%, 8/1/37		300,000		390,260
Procter & Gamble Co.
1.375%, 8/1/12		300,000		304,056
4.950%, 8/15/14		525,000		595,991
4.850%, 12/15/15		500,000		576,921
4.700%, 2/15/19		1,200,000		1,365,637
5.550%, 3/5/37		1,019,000		1,193,852

				7,253,902

*Personal Products (0.0%)*
Avon Products, Inc.
5.625%, 3/1/14		700,000		794,338

*Tobacco (0.2%)*
Altria Group, Inc.
8.500%, 11/10/13		1,048,000		1,254,924
4.125%, 9/11/15		300,000		321,735
9.700%, 11/10/18		1,075,000		1,455,122
9.250%, 8/6/19		500,000		670,230
9.950%, 11/10/38		500,000		720,473
10.200%, 2/6/39		500,000		738,950
Lorillard Tobacco Co.
8.125%, 6/23/19		300,000		343,398
8.125%, 5/1/40		150,000		161,066
Philip Morris International, Inc.
4.875%, 5/16/13		200,000		219,561
6.875%, 3/17/14		1,000,000		1,179,009
5.650%, 5/16/18		956,000		1,119,291
6.375%, 5/16/38		500,000		616,205

See Notes to Portfolio of Investments.

196

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Reynolds American, Inc.
6.750%, 6/15/17	$	1,400,000	$	1,574,604

				10,374,568

Total Consumer Staples				82,954,955

Energy (1.8%)
*Energy Equipment & Services (0.2%)*
Baker Hughes, Inc.
6.875%, 1/15/29		350,000		438,179
5.125%, 9/15/40		500,000		520,743
BJ Services Co.
6.000%, 6/1/18		200,000		235,107
Cameron International Corp.
6.375%, 7/15/18		200,000		227,630
Diamond Offshore Drilling, Inc.
5.875%, 5/1/19		205,000		234,255
5.700%, 10/15/39		500,000		521,852
Halliburton Co.
6.150%, 9/15/19		450,000		537,078
6.700%, 9/15/38		400,000		496,145
7.450%, 9/15/39		250,000		339,318
Rowan Cos., Inc.
7.875%, 8/1/19		190,000		226,766
Smith International, Inc.
8.625%, 3/15/14		300,000		365,582
Transocean, Inc.
4.950%, 11/15/15		400,000		415,948
6.000%, 3/15/18		476,000		506,274
6.500%, 11/15/20		400,000		435,634
7.500%, 4/15/31		400,000		418,115
6.800%, 3/15/38		400,000		410,164
Weatherford International Ltd.
5.150%, 3/15/13		300,000		321,214
5.500%, 2/15/16		519,000		568,300
9.625%, 3/1/19		1,000,000		1,304,519
7.000%, 3/15/38		500,000		531,120

				9,053,943

*Oil, Gas & Consumable Fuels (1.6%)*
Alberta Energy Co., Ltd.
8.125%, 9/15/30		444,000		572,050
Anadarko Petroleum Corp.
5.750%, 6/15/14		500,000		539,818
5.950%, 9/15/16		1,102,000		1,203,306
8.700%, 3/15/19		789,000		959,474
6.450%, 9/15/36		600,000		600,722
7.950%, 6/15/39		100,000		112,482
6.200%, 3/15/40		300,000		292,465
Apache Corp.
5.250%, 4/15/13		1,000,000		1,090,092
5.625%, 1/15/17		500,000		578,118
6.000%, 1/15/37		532,000		603,355
Buckeye Partners LP
5.500%, 8/15/19		300,000		328,127
Canadian Natural Resources Ltd.
5.150%, 2/1/13		500,000		540,914
5.700%, 5/15/17		487,000		560,357
6.450%, 6/30/33		500,000		572,663
6.250%, 3/15/38		600,000		689,777
Cenovus Energy, Inc.
4.500%, 9/15/14		250,000		275,217
5.700%, 10/15/19		500,000		585,907
6.750%, 11/15/39		500,000		603,684
Chevron Corp.
3.450%, 3/3/12		500,000		519,220
3.950%, 3/3/14	$	500,000	$	546,754
4.950%, 3/3/19		1,000,000		1,162,546
Conoco, Inc.
6.950%, 4/15/29		540,000		693,905
ConocoPhillips
4.400%, 5/15/13		1,840,000		1,996,991
4.750%, 2/1/14		1,000,000		1,114,014
5.750%, 2/1/19		1,000,000		1,199,523
6.000%, 1/15/20		1,000,000		1,230,400
6.500%, 2/1/39		1,350,000		1,690,953
Devon Energy Corp.
6.300%, 1/15/19		500,000		605,026
7.950%, 4/15/32		500,000		677,642
Devon Financing Corp. ULC
7.875%, 9/30/31		60,000		80,355
Enbridge Energy Partners LP
9.875%, 3/1/19		300,000		409,091
5.200%, 3/15/20		560,000		609,332
Enbridge, Inc.
5.800%, 6/15/14		500,000		572,376
EnCana Corp.
4.750%, 10/15/13		463,000		503,957
6.500%, 5/15/19		85,000		104,047
6.500%, 8/15/34		500,000		581,571
6.500%, 2/1/38		600,000		699,586
Energy Transfer Partners LP
6.000%, 7/1/13		500,000		548,388
6.700%, 7/1/18		459,000		534,589
9.000%, 4/15/19		700,000		896,952
Enterprise Products Operating LLC
9.750%, 1/31/14		1,375,000		1,683,905
5.600%, 10/15/14		55,000		62,102
5.200%, 9/1/20		500,000		541,422
6.875%, 3/1/33		500,000		567,578
6.650%, 10/15/34		250,000		280,510
6.125%, 10/15/39		150,000		161,455
6.450%, 9/1/40		500,000		555,827
EOG Resources, Inc.
2.950%, 6/1/15		250,000		262,130
5.625%, 6/1/19		760,000		894,129
Hess Corp.
8.125%, 2/15/19		750,000		986,114
7.300%, 8/15/31		666,000		819,325
5.600%, 2/15/41		300,000		313,021
Husky Energy, Inc.
5.900%, 6/15/14		170,000		189,144
7.250%, 12/15/19		100,000		122,226
6.800%, 9/15/37		1,000,000		1,129,777
Kerr-McGee Corp.
6.950%, 7/1/24		85,000		92,724
7.875%, 9/15/31		500,000		568,056
Kinder Morgan Energy Partners LP
7.125%, 3/15/12		60,000		64,411
5.000%, 12/15/13		500,000		545,798
5.625%, 2/15/15		1,135,000		1,272,169
6.000%, 2/1/17		535,000		603,485
6.850%, 2/15/20		1,290,000		1,537,925
7.400%, 3/15/31		500,000		584,417
6.950%, 1/15/38		500,000		569,216
Lasmo USA, Inc.
7.300%, 11/15/27		200,000		258,218
Magellan Midstream Partners LP
6.450%, 6/1/14		200,000		228,566
6.550%, 7/15/19		100,000		119,448
4.250%, 2/1/21		200,000		203,003

See Notes to Portfolio of Investments.

197

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Marathon Oil Corp.
6.125%, 3/15/12	$	100,000	$	106,914
6.500%, 2/15/14		500,000		574,154
6.000%, 10/1/17		500,000		581,875
7.500%, 2/15/19		500,000		640,248
6.600%, 10/1/37		500,000		592,748
Murphy Oil Corp.
7.050%, 5/1/29		200,000		233,973
Nabors Industries, Inc.
6.150%, 2/15/18		300,000		333,893
9.250%, 1/15/19		500,000		639,797
5.000%, 9/15/20§		200,000		202,024
Nexen, Inc.
5.650%, 5/15/17		250,000		283,408
6.200%, 7/30/19		360,000		420,769
5.875%, 3/10/35		725,000		739,849
7.500%, 7/30/39		235,000		288,749
Noble Energy, Inc.
8.250%, 3/1/19		500,000		650,398
Noble Holding International Ltd.
3.450%, 8/1/15		500,000		521,047
4.900%, 8/1/20		350,000		376,332
NuStar Logistics LP
4.800%, 9/1/20		400,000		404,051
Occidental Petroleum Corp.
7.000%, 11/1/13		500,000		588,195
4.125%, 6/1/16		300,000		335,319
ONEOK Partners LP
8.625%, 3/1/19		1,500,000		1,945,239
PC Financial Partnership
5.000%, 11/15/14		600,000		657,578
Pemex Project Funding Master Trust
6.625%, 6/15/35		1,470,000		1,605,872
Petrobras International Finance Co.
6.125%, 10/6/16		500,000		559,683
7.875%, 3/15/19		1,500,000		1,870,653
5.750%, 1/20/20		1,000,000		1,107,045
6.875%, 1/20/40		500,000		572,371
Petro-Canada, Inc.
6.800%, 5/15/38		500,000		592,685
Petroleos Mexicanos
4.875%, 3/15/15§		500,000		539,312
8.000%, 5/3/19		1,500,000		1,860,000
6.000%, 3/5/20§		740,000		817,700
Plains All American Pipeline LP
4.250%, 9/1/12		500,000		521,506
6.125%, 1/15/17		200,000		223,429
8.750%, 5/1/19		200,000		253,842
6.650%, 1/15/37		479,000		519,189
Shell International Finance B.V.
1.875%, 3/25/13		1,185,000		1,212,949
4.000%, 3/21/14		950,000		1,029,239
3.100%, 6/28/15		600,000		631,664
3.250%, 9/22/15		500,000		531,413
4.300%, 9/22/19		1,000,000		1,096,806
4.375%, 3/25/20		325,000		357,748
6.375%, 12/15/38		600,000		760,734
5.500%, 3/25/40		500,000		572,389
Spectra Energy Capital LLC
6.200%, 4/15/18		500,000		584,740
8.000%, 10/1/19		345,000		436,679
7.500%, 9/15/38		150,000		183,145
Statoil ASA
2.900%, 10/15/14		1,000,000		1,049,033
5.250%, 4/15/19		715,000		830,172
7.750%, 6/15/23	$	25,000	$	33,759
7.250%, 9/23/27		500,000		652,225
5.100%, 8/17/40		300,000		321,254
Suncor Energy, Inc.
6.100%, 6/1/18		500,000		585,262
5.950%, 12/1/34		500,000		530,667
6.850%, 6/1/39		600,000		719,266
Sunoco, Inc.
9.625%, 4/15/15		500,000		597,124
Talisman Energy, Inc.
7.750%, 6/1/19		450,000		574,412
5.850%, 2/1/37		500,000		525,722
Tennessee Gas Pipeline Co.
7.625%, 4/1/37		25,000		28,749
Total Capital S.A.
3.000%, 6/24/15		500,000		524,545
3.125%, 10/2/15		500,000		526,668
2.300%, 3/15/16		500,000		501,859
4.450%, 6/24/20		500,000		547,151
TransCanada PipeLines Ltd.
7.125%, 1/15/19		750,000		950,228
5.600%, 3/31/34		25,000		26,742
6.200%, 10/15/37		750,000		841,934
7.625%, 1/15/39		1,750,000		2,333,683
Valero Energy Corp.
4.500%, 2/1/15		90,000		96,198
6.125%, 6/15/17		500,000		552,895
9.375%, 3/15/19		750,000		957,793
6.125%, 2/1/20		135,000		147,137
7.500%, 4/15/32		435,000		474,355
6.625%, 6/15/37		345,000		346,464
Williams Cos., Inc.
7.875%, 9/1/21		200,000		242,841
8.750%, 3/15/32		600,000		751,866
XTO Energy, Inc.
6.250%, 4/15/13		750,000		848,261
5.750%, 12/15/13		500,000		574,759
5.300%, 6/30/15		500,000		582,554
6.500%, 12/15/18		1,000,000		1,273,403

				92,008,181

Total Energy				101,062,124

Financials (8.6%)
*Capital Markets (1.7%)*
Bank of New York Mellon Corp.
4.950%, 11/1/12		1,800,000		1,952,235
5.125%, 8/27/13		250,000		278,272
4.300%, 5/15/14		785,000		861,906
2.950%, 6/18/15		500,000		525,809
Bear Stearns Cos. LLC
6.950%, 8/10/12		2,900,000		3,205,796
5.300%, 10/30/15		586,000		653,743
5.550%, 1/22/17		2,040,000		2,224,755
6.400%, 10/2/17		1,000,000		1,164,769
7.250%, 2/1/18		2,070,000		2,521,539
BlackRock, Inc.
3.500%, 12/10/14		400,000		424,450
5.000%, 12/10/19		600,000		661,419
Charles Schwab Corp.
4.950%, 6/1/14		750,000		833,243
Credit Suisse Guernsey Ltd.
5.860%, 12/31/49(l)		500,000		475,313
Deutsche Bank AG/London
5.375%, 10/12/12		2,003,000		2,179,693

See Notes to Portfolio of Investments.

198

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
2.375%, 1/11/13	$	400,000	$	409,184
4.875%, 5/20/13		500,000		543,133
3.450%, 3/30/15		1,000,000		1,054,564
6.000%, 9/1/17		1,000,000		1,152,751
Franklin Resources, Inc.
3.125%, 5/20/15		100,000		105,378
Goldman Sachs Capital I
6.345%, 2/15/34		1,294,000		1,247,390
Goldman Sachs Capital II
5.793%, 6/1/43(l)		535,000		454,081
Goldman Sachs Group, Inc.
6.600%, 1/15/12		1,000,000		1,065,777
2.150%, 3/15/12		250,000		256,009
3.250%, 6/15/12		2,018,000		2,109,787
3.625%, 8/1/12		390,000		405,930
5.450%, 11/1/12		2,400,000		2,588,314
4.750%, 7/15/13		2,000,000		2,147,290
5.250%, 10/15/13		1,575,000		1,711,855
6.000%, 5/1/14		750,000		836,740
5.125%, 1/15/15		1,938,000		2,098,001
5.350%, 1/15/16		555,000		610,176
5.625%, 1/15/17		800,000		847,153
6.250%, 9/1/17		1,500,000		1,681,189
5.950%, 1/18/18		550,000		604,080
6.150%, 4/1/18		1,954,000		2,167,398
7.500%, 2/15/19		1,000,000		1,189,755
5.375%, 3/15/20		1,000,000		1,054,012
6.000%, 6/15/20		1,000,000		1,099,887
5.950%, 1/15/27		1,572,000		1,576,716
6.125%, 2/15/33		834,000		907,324
6.450%, 5/1/36		500,000		501,474
6.750%, 10/1/37		996,000		1,035,267
Jefferies Group, Inc.
7.750%, 3/15/12		105,000		113,212
8.500%, 7/15/19		600,000		696,665
6.875%, 4/15/21		200,000		209,779
Lazard Group LLC
7.125%, 5/15/15		400,000		436,373
Lehman Brothers Holdings, Inc.
0.000%, 12/23/10(b)(h)		3,000,000		648,750
Merrill Lynch & Co., Inc.
6.050%, 8/15/12		1,000,000		1,073,311
6.150%, 4/25/13		1,960,000		2,141,753
5.300%, 9/30/15		1,000,000		1,067,102
6.050%, 5/16/16		1,000,000		1,064,391
5.700%, 5/2/17		3,500,000		3,619,830
6.400%, 8/28/17		1,000,000		1,094,305
6.875%, 4/25/18		2,500,000		2,804,240
6.875%, 11/15/18		130,000		145,621
6.220%, 9/15/26		500,000		507,934
6.110%, 1/29/37		1,500,000		1,466,580
Morgan Stanley
3.250%, 12/1/11		1,900,000		1,962,109
5.625%, 1/9/12		1,900,000		2,000,879
2.250%, 3/13/12		250,000		256,399
6.600%, 4/1/12		1,000,000		1,075,420
1.950%, 6/20/12		1,000,000		1,024,440
5.250%, 11/2/12		1,820,000		1,943,114
4.750%, 4/1/14		1,500,000		1,566,552
6.000%, 5/13/14		300,000		329,355
6.000%, 4/28/15		2,500,000		2,748,585
5.375%, 10/15/15		1,900,000		2,038,681
5.750%, 10/18/16		1,000,000		1,080,909
5.550%, 4/27/17		1,750,000		1,854,384
5.950%, 12/28/17		3,000,000		3,222,528
7.300%, 5/13/19	$	1,300,000	$	1,495,235
5.625%, 9/23/19		1,000,000		1,041,151
5.500%, 7/24/20		500,000		515,109
7.250%, 4/1/32		675,000		786,993
Nomura Holdings, Inc.
5.000%, 3/4/15		600,000		648,037
6.700%, 3/4/20		458,000		523,379
Northern Trust Corp.
4.625%, 5/1/14		130,000		144,155
Raymond James Financial, Inc.
8.600%, 8/15/19		200,000		239,628
TD Ameritrade Holding Corp.
4.150%, 12/1/14		180,000		191,232

				93,201,677

*Commercial Banks (2.5%)*
Ally Financial, Inc.
1.750%, 10/30/12		1,000,000		1,023,163
2.200%, 12/19/12		1,500,000		1,550,691
American Express Bank FSB
3.150%, 12/9/11		1,500,000		1,546,580
5.500%, 4/16/13		500,000		544,230
Bank of Montreal
2.125%, 6/28/13		400,000		412,768
Bank of Nova Scotia
2.250%, 1/22/13		685,000		704,741
2.375%, 12/17/13		350,000		361,886
3.400%, 1/22/15		950,000		1,014,722
Bank of the West/California
2.150%, 3/27/12		500,000		512,361
Barclays Bank plc
5.450%, 9/12/12		500,000		541,573
2.500%, 1/23/13		1,500,000		1,532,577
5.200%, 7/10/14		500,000		554,311
5.000%, 9/22/16		1,000,000		1,094,128
6.750%, 5/22/19		850,000		1,010,112
5.125%, 1/8/20		1,000,000		1,081,152
BB&T Capital Trust II
6.750%, 6/7/36		500,000		526,614
BB&T Corp.
4.750%, 10/1/12		500,000		529,487
3.375%, 9/25/13		1,200,000		1,259,726
5.200%, 12/23/15		35,000		38,505
3.950%, 4/29/16		350,000		370,254
5.250%, 11/1/19		460,000		495,142
BNP Paribas/BNP Paribas U.S.
2.125%, 12/21/12		1,100,000		1,124,297
Canadian Imperial Bank of Commerce
1.450%, 9/13/13		550,000		553,671
Charter One Bank N.A.
6.375%, 5/15/12		1,000,000		1,059,845
China Development Bank Corp.
5.000%, 10/15/15		500,000		561,298
Citibank N.A.
1.250%, 11/15/11		1,000,000		1,008,970
1.875%, 5/7/12		1,000,000		1,020,863
1.750%, 12/28/12		500,000		512,222
Comerica, Inc.
3.000%, 9/16/15		1,000,000		1,012,106
Compass Bank
6.400%, 10/1/17		300,000		317,762
Credit Suisse AG/New York
3.450%, 7/2/12		550,000		571,957
5.000%, 5/15/13		2,000,000		2,178,866
5.500%, 5/1/14		750,000		840,132

See Notes to Portfolio of Investments.

199

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
3.500%, 3/23/15	$	2,000,000	$	2,103,876
6.000%, 2/15/18		820,000		905,580
5.300%, 8/13/19		1,000,000		1,107,825
5.400%, 1/14/20		1,000,000		1,066,758
Deutsche Bank Financial LLC
5.375%, 3/2/15		500,000		551,282
Discover Bank
8.700%, 11/18/19		500,000		589,977
Fifth Third Bancorp
8.250%, 3/1/38		990,000		1,177,048
Fifth Third Capital Trust IV
6.500%, 4/15/37(l)		400,000		381,500
FleetBoston Financial Corp.
6.875%, 1/15/28		1,000,000		1,078,861
Glitnir Banki hf
0.000%, 10/15/08(b)(h)§		4,650,000		1,418,250
HSBC Bank USA/New York
4.625%, 4/1/14		1,000,000		1,071,559
4.875%, 8/24/20		500,000		521,500
5.875%, 11/1/34		500,000		521,415
HSBC Holdings plc
5.250%, 12/12/12		40,000		42,898
6.500%, 5/2/36		2,000,000		2,226,688
6.500%, 9/15/37		850,000		953,215
HSBC USA, Inc.
3.125%, 12/16/11		800,000		825,861
ICICI Bank Ltd./Bahrain
6.625%, 10/3/12§		600,000		642,718
JPMorgan Chase Bank N.A.
6.000%, 10/1/17		1,250,000		1,418,885
KeyBank N.A.
3.200%, 6/15/12		500,000		522,668
5.800%, 7/1/14		1,500,000		1,635,444
KeyCorp
6.500%, 5/14/13		920,000		1,008,266
Kreditanstalt fuer Wiederaufbau
3.250%, 10/14/11		3,000,000		3,088,497
2.000%, 1/17/12		3,500,000		3,561,449
1.250%, 6/15/12		2,000,000		2,026,498
1.875%, 1/14/13		1,500,000		1,539,772
3.250%, 3/15/13		2,801,000		2,968,326
4.000%, 10/15/13		1,500,000		1,635,849
3.500%, 3/10/14		3,500,000		3,789,653
4.125%, 10/15/14		15,000		16,620
2.750%, 10/21/14		1,000,000		1,056,216
2.625%, 3/3/15		1,000,000		1,057,192
4.875%, 1/17/17		2,965,000		3,462,459
4.500%, 7/16/18		1,000,000		1,150,654
4.875%, 6/17/19		1,500,000		1,765,782
4.000%, 1/27/20		3,000,000		3,312,075
(Zero Coupon), 4/18/36		1,289,000		429,753
Landesbank Baden-Wuerttemberg/New York
5.050%, 12/30/15		100,000		116,200
Landeskreditbank Baden-Wuerttemberg Foerderbank
4.875%, 1/13/12		500,000		526,493
Landwirtschaftliche Rentenbank
5.250%, 7/2/12		1,000,000		1,077,454
1.875%, 9/24/12		500,000		511,332
4.125%, 7/15/13		500,000		543,175
3.125%, 7/15/15		2,000,000		2,138,104
5.125%, 2/1/17		600,000		704,276
M&I Marshall & Ilsley Bank
5.250%, 9/4/12		500,000		508,062
Manufacturers & Traders Trust Co.
6.625%, 12/4/17		500,000		583,511
National City Bank/Ohio
6.200%, 12/15/11	$	500,000	$	527,629
North Fork Bancorp, Inc.
5.875%, 8/15/12		500,000		528,582
Oesterreichische Kontrollbank AG
1.875%, 3/21/12		1,500,000		1,525,707
1.750%, 3/11/13		500,000		509,501
4.875%, 2/16/16		1,943,000		2,220,740
PNC Bank N.A.
4.875%, 9/21/17		1,000,000		1,050,850
PNC Funding Corp.
2.300%, 6/22/12		1,000,000		1,030,123
5.400%, 6/10/14		200,000		223,191
3.625%, 2/8/15		200,000		211,110
4.250%, 9/21/15		1,000,000		1,077,304
5.625%, 2/1/17		745,000		813,445
5.125%, 2/8/20		200,000		216,516
4.375%, 8/11/20		200,000		204,596
Regions Bank/Alabama
3.250%, 12/9/11		1,000,000		1,032,466
7.500%, 5/15/18		500,000		526,814
Regions Financial Corp.
7.750%, 11/10/14		600,000		649,932
5.750%, 6/15/15		200,000		203,452
Royal Bank of Canada
2.100%, 7/29/13		800,000		823,744
Royal Bank of Scotland Group plc
5.000%, 10/1/14		250,000		250,562
4.875%, 3/16/15		700,000		736,450
6.400%, 10/21/19		750,000		816,122
Royal Bank of Scotland plc
3.950%, 9/21/15		1,500,000		1,515,682
SouthTrust Corp.
5.800%, 6/15/14		200,000		219,334
Sovereign Bank
2.750%, 1/17/12		500,000		514,841
SunTrust Banks, Inc.
6.000%, 9/11/17		500,000		541,536
SunTrust Banks, Inc./Georgia
3.000%, 11/16/11		800,000		821,937
5.000%, 9/1/15		31,000		33,577
7.250%, 3/15/18		500,000		568,630
SVB Financial Group
5.375%, 9/15/20		160,000		162,523
U.S. Bancorp
1.800%, 5/15/12		800,000		816,701
2.125%, 2/15/13		200,000		205,316
1.375%, 9/13/13		1,000,000		1,004,594
4.200%, 5/15/14		350,000		383,547
3.150%, 3/4/15		500,000		528,513
U.S. Bank N.A./Ohio
4.950%, 10/30/14		1,000,000		1,106,471
UBS AG/Connecticut
3.875%, 1/15/15		2,000,000		2,087,448
5.875%, 7/15/16		600,000		664,690
5.875%, 12/20/17		1,250,000		1,414,355
5.750%, 4/25/18		1,000,000		1,128,924
UBS AG/New York
7.750%, 9/1/26		200,000		233,764
USB Capital XIII Trust
6.625%, 12/15/39		250,000		255,688
Wachovia Bank N.A.
4.875%, 2/1/15		1,000,000		1,083,099
6.600%, 1/15/38		1,700,000		1,929,361

See Notes to Portfolio of Investments.

200

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Wachovia Corp.
5.300%, 10/15/11	$	1,000,000	$	1,046,959
5.700%, 8/1/13		976,000		1,081,059
5.250%, 8/1/14		1,055,000		1,146,753
5.625%, 10/15/16		1,447,000		1,609,782
5.750%, 6/15/17		110,000		125,574
Wells Fargo & Co.
3.000%, 12/9/11		1,480,000		1,524,419
5.250%, 10/23/12		940,000		1,017,245
4.375%, 1/31/13		1,000,000		1,067,214
4.950%, 10/16/13		500,000		541,390
3.750%, 10/1/14		1,600,000		1,695,418
5.000%, 11/15/14		500,000		539,867
5.125%, 9/15/16		55,000		59,957
5.625%, 12/11/17		1,470,000		1,674,311
5.375%, 2/7/35		1,000,000		1,056,227
Wells Fargo Bank N.A.
5.750%, 5/16/16		2,000,000		2,244,986
Wells Fargo Capital X
5.950%, 12/15/36		500,000		487,149
Wells Fargo Capital XIII
7.700%, 12/29/49(l)		1,000,000		1,037,500
Wells Fargo Capital XV
9.750%, 9/29/49(l)		500,000		550,000
Westpac Banking Corp.
2.250%, 11/19/12		400,000		407,723
4.200%, 2/27/15		700,000		752,330
3.000%, 8/4/15		1,000,000		1,021,361
4.875%, 11/19/19		900,000		964,849
Zions Bancorp
7.750%, 9/23/14		500,000		529,798

				141,389,426

*Consumer Finance (0.4%)*
American Express Co.
7.250%, 5/20/14		1,000,000		1,172,546
5.500%, 9/12/16		30,000		34,028
7.000%, 3/19/18		2,071,000		2,494,279
8.125%, 5/20/19		500,000		645,702
8.150%, 3/19/38		500,000		705,464
American Express Credit Corp.
5.875%, 5/2/13		1,500,000		1,650,894
7.300%, 8/20/13		1,500,000		1,724,144
5.125%, 8/25/14		500,000		553,873
2.750%, 9/15/15		1,000,000		1,006,271
Capital One Financial Corp.
7.375%, 5/23/14		250,000		291,838
5.500%, 6/1/15		500,000		550,030
6.150%, 9/1/16		500,000		548,176
6.750%, 9/15/17		1,000,000		1,201,895
Discover Financial Services
6.450%, 6/12/17		498,000		535,703
FIA Card Services N.A.
6.625%, 6/15/12		250,000		266,336
HSBC Finance Corp.
6.375%, 10/15/11		2,000,000		2,106,222
7.000%, 5/15/12		500,000		540,679
6.375%, 11/27/12		953,000		1,042,307
4.750%, 7/15/13		2,036,000		2,168,326
5.000%, 6/30/15		485,000		528,190
MBNA Corp.
5.000%, 6/15/15		100,000		105,969
ORIX Corp.
4.710%, 4/27/15		500,000		514,508
PACCAR Financial Corp.
1.950%, 12/17/12	$	400,000	$	407,630
SLM Corp.
5.400%, 10/25/11		455,000		459,705
5.125%, 8/27/12		500,000		505,464
5.375%, 1/15/13		210,000		211,712
5.375%, 5/15/14		600,000		583,839
8.450%, 6/15/18		1,000,000		1,010,064
8.000%, 3/25/20		250,000		248,082
5.625%, 8/1/33		200,000		153,794
Toyota Motor Credit Corp.
1.375%, 8/12/13		250,000		251,944
3.200%, 6/17/15		500,000		530,423
4.500%, 6/17/20		300,000		333,196

				25,083,233

*Diversified Financial Services (2.8%)*
AEP Texas Central Transition Funding LLC
5.306%, 7/1/20		1,000,000		1,190,164
Allstate Life Global Funding Trusts
5.375%, 4/30/13		1,000,000		1,105,107
Ameriprise Financial, Inc.
7.300%, 6/28/19		1,080,000		1,338,596
AngloGold Ashanti Holdings plc
5.375%, 4/15/20		310,000		327,944
6.500%, 4/15/40		145,000		151,098
Bank of America Corp.
2.100%, 4/30/12		3,150,000		3,227,610
3.125%, 6/15/12		2,954,000		3,078,050
2.375%, 6/22/12		500,000		515,874
4.900%, 5/1/13		1,000,000		1,067,869
4.750%, 8/15/13		2,099,000		2,215,318
7.375%, 5/15/14		2,000,000		2,298,706
5.125%, 11/15/14		1,000,000		1,078,258
6.500%, 8/1/16		800,000		899,520
5.625%, 10/14/16		1,085,000		1,171,261
6.000%, 9/1/17		60,000		64,963
5.750%, 12/1/17		1,500,000		1,603,731
5.650%, 5/1/18		1,100,000		1,165,455
7.625%, 6/1/19		1,000,000		1,185,852
5.625%, 7/1/20		1,000,000		1,056,699
Bank of America N.A.
5.300%, 3/15/17		1,000,000		1,029,211
6.000%, 10/15/36		500,000		496,732
Block Financial LLC
7.875%, 1/15/13		400,000		434,051
Boeing Capital Corp.
6.500%, 2/15/12		943,000		1,016,085
5.800%, 1/15/13		200,000		221,394
BP Capital Markets plc
3.125%, 3/10/12		800,000		815,667
5.250%, 11/7/13		750,000		816,849
3.625%, 5/8/14		500,000		517,231
3.875%, 3/10/15		800,000		832,341
4.750%, 3/10/19		750,000		784,256
Capital One Capital IV
6.745%, 2/17/37(l)		489,000		486,555
Capital One Capital V
10.250%, 8/15/39		100,000		108,250
Capital One Capital VI
8.875%, 5/15/40		605,000		635,250
Caterpillar Financial Services Corp.
5.125%, 10/12/11		937,000		979,905
4.250%, 2/8/13		949,000		1,016,830
2.000%, 4/5/13		200,000		204,940

See Notes to Portfolio of Investments.

201

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
6.125%, 2/17/14	$	550,000	$	632,236
2.750%, 6/24/15		200,000		209,507
7.150%, 2/15/19		1,500,000		1,932,446
Citigroup Funding, Inc.
2.125%, 7/12/12		500,000		513,940
1.875%, 10/22/12		1,500,000		1,538,277
1.875%, 11/15/12		1,000,000		1,025,261
2.250%, 12/10/12		1,400,000		1,448,187
Citigroup, Inc.
2.875%, 12/9/11		980,000		1,008,328
6.000%, 2/21/12		135,000		143,196
2.125%, 4/30/12		4,000,000		4,101,384
5.625%, 8/27/12		500,000		528,464
5.300%, 10/17/12		500,000		532,850
5.500%, 4/11/13		3,000,000		3,218,529
6.500%, 8/19/13		2,000,000		2,209,740
6.000%, 12/13/13		1,000,000		1,096,384
6.375%, 8/12/14		2,000,000		2,220,952
5.000%, 9/15/14		1,565,000		1,625,472
5.500%, 10/15/14		1,000,000		1,085,069
5.500%, 2/15/17		1,000,000		1,032,580
6.125%, 11/21/17		1,185,000		1,294,433
6.125%, 5/15/18		3,403,000		3,712,714
8.500%, 5/22/19		1,000,000		1,236,341
5.375%, 8/9/20		1,000,000		1,034,632
5.850%, 12/11/34		1,095,000		1,103,387
6.125%, 8/25/36		2,000,000		1,947,968
5.875%, 5/29/37		500,000		497,621
6.875%, 3/5/38		500,000		558,463
8.125%, 7/15/39		815,000		1,029,495
CME Group, Inc.
5.750%, 2/15/14		1,000,000		1,134,444
ConocoPhillips Canada Funding Co. I
5.950%, 10/15/36		434,000		495,722
Credit Suisse FB USA, Inc.
4.875%, 1/15/15		300,000		331,218
5.125%, 8/15/15		1,932,000		2,166,867
Credit Suisse USA, Inc.
6.125%, 11/15/11		75,000		79,352
6.500%, 1/15/12		1,000,000		1,069,885
5.850%, 8/16/16		500,000		580,418
7.125%, 7/15/32		400,000		513,986
Diageo Investment Corp.
7.450%, 4/15/35		200,000		266,454
Equifax, Inc.
4.450%, 12/1/14		200,000		213,392
General Electric Capital Corp.
3.000%, 12/9/11		3,056,000		3,148,820
5.875%, 2/15/12		2,829,000		3,015,270
2.250%, 3/12/12		1,000,000		1,025,511
2.200%, 6/8/12		1,000,000		1,028,038
6.000%, 6/15/12		1,000,000		1,079,225
2.000%, 9/28/12		1,000,000		1,027,534
5.250%, 10/19/12		1,500,000		1,614,975
2.125%, 12/21/12		1,500,000		1,547,761
2.625%, 12/28/12		2,000,000		2,085,308
5.450%, 1/15/13		4,110,000		4,469,999
5.900%, 5/13/14		3,000,000		3,397,812
3.750%, 11/14/14		1,000,000		1,058,952
4.375%, 9/21/15		700,000		756,665
5.400%, 2/15/17		1,034,000		1,138,845
5.625%, 9/15/17		50,000		55,855
5.625%, 5/1/18		2,500,000		2,774,940
6.000%, 8/7/19		3,000,000		3,375,555
6.750%, 3/15/32		1,644,000		1,827,699
6.150%, 8/7/37	$	485,000	$	507,912
5.875%, 1/14/38		1,061,000		1,077,573
6.875%, 1/10/39		3,000,000		3,445,185
IBM International Group Capital LLC
5.050%, 10/22/12		500,000		543,718
John Deere Capital Corp.
7.000%, 3/15/12		1,250,000		1,359,511
2.875%, 6/19/12		1,250,000		1,299,248
5.250%, 10/1/12		750,000		815,241
4.500%, 4/3/13		500,000		540,382
5.750%, 9/10/18		400,000		473,572
JPMorgan Chase & Co.
3.125%, 12/1/11		2,037,000		2,099,935
6.625%, 3/15/12		1,935,000		2,081,131
2.125%, 6/22/12		1,600,000		1,644,536
2.125%, 12/26/12		1,000,000		1,032,671
5.750%, 1/2/13		100,000		108,855
4.750%, 5/1/13		1,000,000		1,084,545
4.650%, 6/1/14		1,000,000		1,094,597
5.125%, 9/15/14		1,000,000		1,096,435
3.700%, 1/20/15		1,000,000		1,056,328
5.250%, 5/1/15		170,000		186,333
6.000%, 1/15/18		1,976,000		2,256,551
6.300%, 4/23/19		1,000,000		1,158,861
4.950%, 3/25/20		500,000		533,287
4.400%, 7/22/20		850,000		870,491
6.400%, 5/15/38		800,000		957,138
JPMorgan Chase Capital XV
5.875%, 3/15/35		490,000		478,009
JPMorgan Chase Capital XVIII
6.950%, 8/17/36		474,000		486,169
JPMorgan Chase Capital XXII
6.450%, 2/2/37		250,000		250,346
JPMorgan Chase Capital XXV
6.800%, 10/1/37		995,000		1,011,331
JPMorgan Chase Capital XXVII
7.000%, 11/1/39		1,000,000		1,026,674
K2 Corp.
0.000%, 2/15/11(b)(h)†		13,500,000		—
Links Finance LLC
0.000%, 12/31/09(b)(h)†		7,100,000		—
MUFG Capital Finance I Ltd.
6.346%, 7/29/49(l)		1,000,000		1,002,272
NASDAQ OMX Group, Inc.
4.000%, 1/15/15		200,000		206,689
5.550%, 1/15/20		200,000		212,541
National Rural Utilities Cooperative Finance Corp.
7.250%, 3/1/12		1,840,000		2,002,422
4.750%, 3/1/14		1,500,000		1,668,804
10.375%, 11/1/18		1,000,000		1,432,015
8.000%, 3/1/32		25,000		33,429
Private Export Funding Corp.
5.685%, 5/15/12		300,000		325,215
4.550%, 5/15/15		400,000		453,012
4.950%, 11/15/15		200,000		231,632
4.300%, 12/15/21		400,000		439,691
RenReinsurance North America Holdings, Inc.
5.750%, 3/15/20		100,000		103,931
Teco Finance, Inc.
4.000%, 3/15/16		105,000		109,394
5.150%, 3/15/20		285,000		311,806
Unilever Capital Corp.
3.650%, 2/15/14		500,000		537,710
4.800%, 2/15/19		750,000		849,922
5.900%, 11/15/32		500,000		602,281

See Notes to Portfolio of Investments.

202

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Western Union Co.
6.500%, 2/26/14	$	200,000	$	229,702
5.253%, 4/1/20§		1,002,000		1,083,870

				157,348,883

*Insurance (0.8%)*
ACE INA Holdings, Inc.
5.875%, 6/15/14		500,000		568,088
5.600%, 5/15/15		250,000		283,580
5.900%, 6/15/19		100,000		116,365
6.700%, 5/15/36		100,000		122,070
Aegon N.V.
4.625%, 12/1/15		600,000		637,597
Aflac, Inc.
3.450%, 8/15/15		100,000		103,769
8.500%, 5/15/19		300,000		381,731
6.900%, 12/17/39		110,000		121,171
6.450%, 8/15/40		100,000		104,119
Alleghany Corp.
5.625%, 9/15/20		200,000		204,536
Allied World Assurance Co. Holdings Ltd./Bermuda
7.500%, 8/1/16		500,000		565,250
Allstate Corp.
6.200%, 5/16/14		475,000		554,380
7.450%, 5/16/19		200,000		249,872
5.550%, 5/9/35		500,000		522,532
5.950%, 4/1/36		703,000		770,127
6.500%, 5/15/57(l)		250,000		231,875
American International Group, Inc.
5.375%, 10/18/11		25,000		25,813
4.250%, 5/15/13		500,000		516,250
5.450%, 5/18/17		75,000		76,312
5.850%, 1/16/18		500,000		517,500
8.250%, 8/15/18		2,500,000		2,912,500
6.250%, 5/1/36		500,000		485,000
Aon Corp.
8.205%, 1/1/27		300,000		323,232
Axis Specialty Finance LLC
5.875%, 6/1/20		500,000		510,340
Berkshire Hathaway Finance Corp.
4.000%, 4/15/12		1,000,000		1,048,623
5.000%, 8/15/13		1,250,000		1,383,005
4.850%, 1/15/15		1,030,000		1,158,900
5.750%, 1/15/40		400,000		441,499
Berkshire Hathaway, Inc.
2.125%, 2/11/13		700,000		721,373
Chubb Corp.
5.750%, 5/15/18		250,000		289,319
6.500%, 5/15/38		500,000		610,741
6.375%, 3/29/67(l)		500,000		492,500
CNA Financial Corp.
7.350%, 11/15/19		540,000		607,139
5.875%, 8/15/20		400,000		407,868
Delphi Financial Group, Inc.
7.875%, 1/31/20		75,000		84,007
Genworth Financial, Inc.
8.625%, 12/15/16		1,000,000		1,127,559
6.515%, 5/22/18		1,000,000		1,019,704
7.700%, 6/15/20		200,000		211,759
Hartford Financial Services Group, Inc.
4.000%, 3/30/15		700,000		716,196
6.300%, 3/15/18		500,000		539,998
6.100%, 10/1/41		419,000		391,497
HCC Insurance Holdings, Inc.
6.300%, 11/15/19		200,000		217,988
Lincoln National Corp.
4.300%, 6/15/15	$	200,000	$	212,040
8.750%, 7/1/19		400,000		514,544
6.250%, 2/15/20		350,000		391,552
6.300%, 10/9/37		450,000		469,792
7.000%, 6/15/40		200,000		227,854
Markel Corp.
7.125%, 9/30/19		200,000		226,330
Marsh & McLennan Cos., Inc.
5.375%, 7/15/14		290,000		313,208
5.750%, 9/15/15		150,000		165,915
9.250%, 4/15/19		500,000		655,433
5.875%, 8/1/33		35,000		34,033
MetLife, Inc.
6.125%, 12/1/11		292,000		308,741
5.500%, 6/15/14		500,000		556,144
6.750%, 6/1/16		1,500,000		1,790,632
7.717%, 2/15/19		1,200,000		1,527,239
5.700%, 6/15/35		812,000		863,200
6.400%, 12/15/36		483,000		451,605
PartnerReinsurance Finance B LLC
5.500%, 6/1/20		200,000		207,928
Principal Financial Group, Inc.
8.875%, 5/15/19		600,000		789,671
Protective Life Corp.
7.375%, 10/15/19		400,000		450,262
8.450%, 10/15/39		200,000		219,261
Prudential Financial, Inc.
2.750%, 1/14/13		300,000		307,334
4.500%, 7/15/13		932,000		980,703
5.100%, 9/20/14		55,000		60,120
3.875%, 1/14/15		135,000		141,820
6.200%, 1/15/15		85,000		95,739
6.000%, 12/1/17		879,000		992,022
5.375%, 6/21/20		600,000		648,571
6.625%, 12/1/37		1,500,000		1,690,362
6.625%, 6/21/40		600,000		688,472
Reinsurance Group of America, Inc.
6.450%, 11/15/19		200,000		221,677
Swiss Reinsurance Solutions Holding Corp.
7.000%, 2/15/26		868,000		956,315
Torchmark Corp.
9.250%, 6/15/19		175,000		223,905
Transatlantic Holdings, Inc.
8.000%, 11/30/39		400,000		416,762
Travelers Cos., Inc.
5.500%, 12/1/15		40,000		45,635
5.800%, 5/15/18		1,000,000		1,149,994
5.900%, 6/2/19		1,000,000		1,163,536
6.250%, 3/15/37(l)		350,000		336,000
6.250%, 6/15/37		500,000		592,335
Unum Group
7.125%, 9/30/16		100,000		115,408
5.625%, 9/15/20		100,000		102,740
Validus Holdings Ltd.
8.875%, 1/26/40		100,000		109,117
W.R. Berkley Corp.
6.250%, 2/15/37		70,000		68,794
Willis North America, Inc.
5.625%, 7/15/15		470,000		502,297
7.000%, 9/29/19		100,000		109,924
XL Capital Finance Europe plc
6.500%, 1/15/12		400,000		417,393

See Notes to Portfolio of Investments.

203

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
XL Group plc
6.250%, 5/15/27	$	200,000	$	201,218

				45,087,261

*Real Estate Investment Trusts (REITs) (0.3%)*
AvalonBay Communities, Inc.
5.700%, 3/15/17		300,000		337,568
Boston Properties LP
6.250%, 1/15/13		1,000,000		1,100,396
5.875%, 10/15/19		200,000		223,460
5.625%, 11/15/20		250,000		274,356
Brandywine Operating Partnership LP
7.500%, 5/15/15		250,000		280,242
BRE Properties, Inc.
5.200%, 3/15/21		135,000		137,471
Digital Realty Trust LP
4.500%, 7/15/15§		200,000		206,485
Duke Realty LP
6.500%, 1/15/18		500,000		549,266
6.750%, 3/15/20		65,000		72,599
Entertainment Properties Trust
7.750%, 7/15/20§		200,000		202,250
Equity One, Inc.
6.250%, 12/15/14		200,000		216,702
ERP Operating LP
6.625%, 3/15/12		110,000		117,773
5.125%, 3/15/16		1,000,000		1,094,954
4.750%, 7/15/20		250,000		260,072
HCP, Inc.
5.650%, 12/15/13		475,000		510,482
6.000%, 1/30/17		500,000		533,717
Health Care REIT, Inc.
6.125%, 4/15/20		285,000		305,112
Healthcare Realty Trust, Inc.
6.500%, 1/17/17		400,000		433,274
Hospitality Properties Trust
7.875%, 8/15/14		1,150,000		1,293,696
5.625%, 3/15/17		250,000		256,716
HRPT Properties Trust
6.650%, 1/15/18		381,000		409,901
Kimco Realty Corp.
6.875%, 10/1/19		200,000		232,867
Liberty Property LP
6.625%, 10/1/17		500,000		572,688
4.750%, 10/1/20		100,000		100,708
Mack-Cali Realty LP
7.750%, 8/15/19		500,000		595,048
ProLogis
7.625%, 8/15/14		300,000		324,214
5.625%, 11/15/16		55,000		52,951
6.250%, 3/15/17		200,000		196,439
6.625%, 5/15/18		900,000		887,060
6.875%, 3/15/20		150,000		147,467
Realty Income Corp.
5.750%, 1/15/21		250,000		265,020
Simon Property Group LP
4.200%, 2/1/15		310,000		332,639
5.100%, 6/15/15		464,000		514,718
5.750%, 12/1/15		385,000		438,413
10.350%, 4/1/19		1,000,000		1,397,749
5.650%, 2/1/20		400,000		445,968
4.375%, 3/1/21		300,000		304,117
6.750%, 2/1/40		200,000		235,844

				15,860,402

*Thrifts & Mortgage Finance (0.1%)*
Countrywide Financial Corp.
5.800%, 6/7/12	$	1,600,000	$	1,699,670
U.S. Central Federal Credit Union
1.900%, 10/19/12		1,000,000		1,025,739
Western Corporate Federal Credit Union
1.750%, 11/2/12		400,000		409,030

				3,134,439

Total Financials				481,105,321

Health Care (1.2%)
*Biotechnology (0.1%)*
Amgen, Inc.
5.850%, 6/1/17		480,000		573,005
6.150%, 6/1/18		200,000		243,595
5.700%, 2/1/19		750,000		896,292
4.500%, 3/15/20		100,000		110,780
6.375%, 6/1/37		474,000		576,573
5.750%, 3/15/40		610,000		691,394
Biogen Idec, Inc.
6.000%, 3/1/13		200,000		219,097
6.875%, 3/1/18		100,000		117,343
Genentech, Inc.
4.750%, 7/15/15		500,000		565,754
Genzyme Corp.
3.625%, 6/15/15§		200,000		212,090
Life Technologies Corp.
6.000%, 3/1/20		500,000		566,406

				4,772,329

*Health Care Equipment & Supplies (0.2%)*
Baxter International, Inc.
5.900%, 9/1/16		936,000		1,127,739
4.250%, 3/15/20		300,000		327,029
Beckman Coulter, Inc.
6.000%, 6/1/15		450,000		514,327
CareFusion Corp.
5.125%, 8/1/14		200,000		220,588
6.375%, 8/1/19		500,000		594,883
Covidien International Finance S.A.
1.875%, 6/15/13		400,000		406,942
2.800%, 6/15/15		200,000		207,251
6.000%, 10/15/17		750,000		891,764
4.200%, 6/15/20		200,000		213,163
Hospira, Inc.
5.900%, 6/15/14		205,000		231,885
6.400%, 5/15/15		220,000		254,958
Mead Johnson Nutrition Co.
3.500%, 11/1/14		400,000		421,903
4.900%, 11/1/19		600,000		659,899
5.900%, 11/1/39		200,000		225,426
Medtronic, Inc.
3.000%, 3/15/15		1,000,000		1,058,941
4.450%, 3/15/20		500,000		547,599
6.500%, 3/15/39		500,000		632,959
St. Jude Medical, Inc.
3.750%, 7/15/14		500,000		536,168
4.875%, 7/15/19		500,000		564,853
Stryker Corp.
3.000%, 1/15/15		200,000		210,596
4.375%, 1/15/20		200,000		219,232

				10,068,105

*Health Care Providers & Services (0.2%)*
Aetna, Inc.
6.500%, 9/15/18		500,000		593,652

See Notes to Portfolio of Investments.

204

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
6.625%, 6/15/36	$	668,000	$	763,194
Cardinal Health, Inc.
5.650%, 6/15/12		21,000		22,447
CIGNA Corp.
5.375%, 3/15/17		25,000		27,630
8.500%, 5/1/19		500,000		645,261
5.125%, 6/15/20		345,000		372,748
Coventry Health Care, Inc.
6.300%, 8/15/14		250,000		267,675
Express Scripts, Inc.
5.250%, 6/15/12		800,000		854,042
6.250%, 6/15/14		275,000		315,728
7.250%, 6/15/19		160,000		201,210
Humana, Inc.
6.300%, 8/1/18		500,000		546,526
McKesson Corp.
6.500%, 2/15/14		500,000		573,626
5.700%, 3/1/17		500,000		582,209
Medco Health Solutions, Inc.
7.125%, 3/15/18		750,000		921,062
Quest Diagnostics, Inc.
6.400%, 7/1/17		500,000		576,358
4.750%, 1/30/20		120,000		125,795
6.950%, 7/1/37		200,000		229,534
5.750%, 1/30/40		80,000		79,768
UnitedHealth Group, Inc.
6.000%, 2/15/18		80,000		93,387
5.800%, 3/15/36		25,000		26,160
6.875%, 2/15/38		1,500,000		1,794,714
WellPoint Health Networks, Inc.
6.375%, 1/15/12		943,000		1,004,016
WellPoint, Inc.
6.000%, 2/15/14		100,000		113,246
5.000%, 12/15/14		40,000		44,446
5.250%, 1/15/16		500,000		560,753
7.000%, 2/15/19		1,000,000		1,217,710
4.350%, 8/15/20		200,000		207,300
5.850%, 1/15/36		500,000		525,808
5.800%, 8/15/40		110,000		115,135

				13,401,140

*Pharmaceuticals (0.7%)*
Abbott Laboratories, Inc.
5.150%, 11/30/12		350,000		382,952
2.700%, 5/27/15		300,000		315,124
5.875%, 5/15/16		555,000		666,901
5.125%, 4/1/19		1,700,000		1,959,320
4.125%, 5/27/20		400,000		435,333
6.000%, 4/1/39		650,000		770,423
5.300%, 5/27/40		500,000		542,626
AstraZeneca plc
5.400%, 9/15/12		800,000		871,605
5.900%, 9/15/17		1,000,000		1,203,696
6.450%, 9/15/37		1,008,000		1,269,053
Bristol-Myers Squibb Co.
5.250%, 8/15/13		120,000		133,474
5.450%, 5/1/18		1,000,000		1,188,780
5.875%, 11/15/36		480,000		556,317
Eli Lilly and Co.
3.550%, 3/6/12		271,000		281,616
5.200%, 3/15/17		965,000		1,118,814
5.500%, 3/15/27		500,000		566,972
5.950%, 11/15/37		500,000		585,700
GlaxoSmithKline Capital, Inc.
4.850%, 5/15/13		714,000		785,308
5.650%, 5/15/18	$	2,044,000	$	2,428,297
6.375%, 5/15/38		750,000		932,300
Johnson & Johnson
5.150%, 8/15/12		200,000		216,922
5.550%, 8/15/17		500,000		603,157
5.150%, 7/15/18		330,000		387,940
4.950%, 5/15/33		192,000		210,217
5.950%, 8/15/37		370,000		455,118
5.850%, 7/15/38		600,000		728,751
Merck & Co., Inc.
4.750%, 3/1/15		1,000,000		1,135,217
6.000%, 9/15/17		850,000		1,032,703
5.000%, 6/30/19		950,000		1,105,544
5.750%, 11/15/36		1,000,000		1,172,006
6.550%, 9/15/37		375,000		484,637
Novartis Capital Corp.
1.900%, 4/24/13		1,075,000		1,103,497
4.125%, 2/10/14		600,000		655,190
2.900%, 4/24/15		800,000		843,430
Novartis Securities Investment Ltd.
5.125%, 2/10/19		1,200,000		1,377,751
Pfizer, Inc.
4.450%, 3/15/12		1,000,000		1,052,633
4.500%, 2/15/14		250,000		275,516
5.350%, 3/15/15		1,500,000		1,730,616
6.200%, 3/15/19		1,075,000		1,323,599
7.200%, 3/15/39		1,000,000		1,360,516
Teva Pharmaceutical Finance Co. LLC
5.550%, 2/1/16		190,000		221,309
6.150%, 2/1/36		390,000		468,729
Teva Pharmaceutical Finance II B.V./Teva Pharmaceutical Finance III LLC
3.000%, 6/15/15		400,000		418,435
Teva Pharmaceutical Finance III LLC
1.500%, 6/15/12		400,000		404,946
Watson Pharmaceuticals, Inc.
5.000%, 8/15/14		85,000		92,604
6.125%, 8/15/19		170,000		197,133
Wyeth
5.500%, 2/1/14		1,070,000		1,214,288
5.500%, 2/15/16		1,162,000		1,359,484
7.250%, 3/1/23		483,000		634,198
6.500%, 2/1/34		500,000		620,899
5.950%, 4/1/37		555,000		654,774

				40,536,370

Total Health Care				68,777,944

Industrials (1.3%)
*Aerospace & Defense (0.3%)*
Boeing Co.
5.125%, 2/15/13		35,000		38,177
5.000%, 3/15/14		300,000		337,571
3.500%, 2/15/15		200,000		216,294
6.000%, 3/15/19		500,000		603,280
4.875%, 2/15/20		810,000		925,309
6.875%, 3/15/39		500,000		646,034
5.875%, 2/15/40		55,000		65,133
Embraer Overseas Ltd.
6.375%, 1/15/20		500,000		547,500
General Dynamics Corp.
5.250%, 2/1/14		1,000,000		1,128,842
Goodrich Corp.
6.125%, 3/1/19		250,000		299,031
4.875%, 3/1/20		200,000		223,230

See Notes to Portfolio of Investments.

205

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
3.600%, 2/1/21	$	300,000	$	300,775
Honeywell International, Inc.
5.625%, 8/1/12		428,000		464,975
3.875%, 2/15/14		500,000		544,938
5.400%, 3/15/16		110,000		129,106
5.300%, 3/1/18		944,000		1,104,147
5.000%, 2/15/19		500,000		577,847
5.700%, 3/15/36		200,000		230,805
ITT Corp.
4.900%, 5/1/14		355,000		390,720
L-3 Communications Corp.
5.200%, 10/15/19		500,000		540,479
Lockheed Martin Corp.
4.121%, 3/14/13		464,000		497,487
5.500%, 11/15/39		500,000		551,208
5.720%, 6/1/40§		888,000		1,013,356
Northrop Grumman Corp.
3.700%, 8/1/14		120,000		128,696
Northrop Grumman Systems Corp.
7.750%, 2/15/31		786,000		1,079,211
Raytheon Co.
5.375%, 4/1/13		90,000		99,801
4.400%, 2/15/20		700,000		779,445
Rockwell Collins, Inc.
5.250%, 7/15/19		100,000		113,365
United Technologies Corp.
4.875%, 5/1/15		600,000		687,439
6.125%, 2/1/19		1,050,000		1,299,036
4.500%, 4/15/20		175,000		196,232
6.050%, 6/1/36		666,000		788,388
6.125%, 7/15/38		500,000		603,829
5.700%, 4/15/40		615,000		704,501

				17,856,187

*Air Freight & Logistics (0.1%)*
FedEx Corp.
7.375%, 1/15/14		250,000		294,532
8.000%, 1/15/19		336,000		436,229
United Parcel Service, Inc.
4.500%, 1/15/13		1,000,000		1,082,126
5.125%, 4/1/19		1,000,000		1,177,059
6.200%, 1/15/38		830,000		1,023,178

				4,013,124

*Airlines (0.0%)*
Continental Airlines, Inc.
9.000%, 7/8/16		479,789		551,758
Delta Air Lines, Inc.
7.750%, 12/17/19		245,902		269,263
Southwest Airlines Co.
5.250%, 10/1/14		500,000		540,823

				1,361,844

*Building Products (0.0%)*
CRH America, Inc.
6.950%, 3/15/12		500,000		533,736
6.000%, 9/30/16		535,000		598,993
8.125%, 7/15/18		200,000		241,165
Owens Corning, Inc.
9.000%, 6/15/19		500,000		591,451

				1,965,345

*Commercial Services & Supplies (0.2%)*
Allied Waste North America, Inc.
6.875%, 6/1/17		1,500,000		1,655,625
Avery Dennison Corp.
5.375%, 4/15/20		100,000		110,470
Board of Trustees of the Leland Stanford Junior University
4.250%, 5/1/16	$	300,000	$	336,432
Cornell University
5.450%, 2/1/19		200,000		234,030
Dartmouth College
4.750%, 6/1/19		100,000		113,331
Johns Hopkins University
5.250%, 7/1/19		500,000		582,965
Pitney Bowes, Inc.
3.875%, 6/15/13		500,000		523,311
4.875%, 8/15/14		500,000		539,003
5.750%, 9/15/17		480,000		520,841
6.250%, 3/15/19		200,000		224,059
Princeton University
5.700%, 3/1/39		550,000		650,254
R.R. Donnelley & Sons Co.
8.600%, 8/15/16		1,000,000		1,163,878
11.250%, 2/1/19		300,000		377,817
7.625%, 6/15/20		200,000		208,664
Republic Services, Inc.
5.500%, 9/15/19		295,000		332,315
Science Applications International Corp.
6.250%, 7/1/12		500,000		543,173
Vanderbilt University
5.250%, 4/1/19		100,000		115,858
Waste Management, Inc.
6.375%, 11/15/12		500,000		548,612
7.375%, 3/11/19		700,000		877,376
4.750%, 6/30/20		200,000		214,489
7.750%, 5/15/32		200,000		255,273
Yale University
2.900%, 10/15/14		600,000		635,198

				10,762,974

*Electrical Equipment (0.1%)*
Amphenol Corp.
4.750%, 11/15/14		200,000		216,983
Emerson Electric Co.
4.125%, 4/15/15		750,000		826,523
4.875%, 10/15/19		500,000		569,417
5.250%, 11/15/39		200,000		217,676
Legrand France S.A.
8.500%, 2/15/25		200,000		241,413
Thomas & Betts Corp.
5.625%, 11/15/21		200,000		224,332

				2,296,344

*Industrial Conglomerates (0.2%)*
3M Co.
4.375%, 8/15/13		700,000		771,166
5.700%, 3/15/37		200,000		235,692
Acuity Brands Lighting, Inc.
6.000%, 12/15/19		100,000		106,986
GE Capital Trust I
6.375%, 11/15/67(l)		900,000		895,500
General Electric Co.
5.000%, 2/1/13		2,025,000		2,199,037
5.250%, 12/6/17		1,500,000		1,688,250
Harsco Corp.
2.700%, 10/15/15		150,000		150,674
Ingersoll-Rand Global Holding Co., Ltd.
9.500%, 4/15/14		269,000		332,843
6.875%, 8/15/18		500,000		607,135
Koninklijke Philips Electronics N.V.
6.875%, 3/11/38		1,002,000		1,265,189

See Notes to Portfolio of Investments.

206

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Textron, Inc.
6.200%, 3/15/15	$	300,000	$	333,670
7.250%, 10/1/19		500,000		592,194
Tyco Electronics Group S.A.
6.000%, 10/1/12		300,000		324,422
6.550%, 10/1/17		300,000		350,881
7.125%, 10/1/37		200,000		236,292
Tyco International Finance S.A.
6.000%, 11/15/13		431,000		488,491
4.125%, 10/15/14		1,000,000		1,088,433
3.375%, 10/15/15		200,000		211,058
8.500%, 1/15/19		300,000		397,627
6.875%, 1/15/21		250,000		310,855

				12,586,395

*Machinery (0.1%)*
Caterpillar, Inc.
6.050%, 8/15/36		1,000,000		1,209,300
Danaher Corp.
5.400%, 3/1/19		500,000		587,743
Deere & Co.
4.375%, 10/16/19		300,000		330,173
5.375%, 10/16/29		600,000		667,453
Dover Corp.
5.450%, 3/15/18		466,000		547,635
Eaton Corp.
6.950%, 3/20/19		500,000		632,884
Illinois Tool Works, Inc.
6.250%, 4/1/19		500,000		612,161
Pall Corp.
5.000%, 6/15/20		200,000		217,103
Parker Hannifin Corp.
6.250%, 5/15/38		257,000		311,862
Roper Industries, Inc.
6.625%, 8/15/13		300,000		339,015
Snap-On, Inc.
6.125%, 9/1/21		200,000		224,637

				5,679,966

*Road & Rail (0.3%)*
Burlington Northern Santa Fe LLC
5.900%, 7/1/12		948,000		1,025,365
4.700%, 10/1/19		300,000		329,500
6.200%, 8/15/36		64,000		73,843
6.150%, 5/1/37		500,000		572,718
5.050%, 3/1/41		500,000		498,447
Canadian National Railway Co.
5.550%, 3/1/19		1,937,000		2,295,659
6.200%, 6/1/36		506,000		619,454
Canadian Pacific Railway Co.
7.250%, 5/15/19		555,000		686,781
CSX Corp.
6.300%, 3/15/12		100,000		107,208
5.750%, 3/15/13		1,000,000		1,101,780
6.250%, 3/15/18		460,000		546,107
6.220%, 4/30/40		403,000		462,682
JB Hunt Transport Services, Inc.
3.375%, 9/15/15		200,000		200,769
Norfolk Southern Corp.
7.700%, 5/15/17		990,000		1,265,272
5.900%, 6/15/19		1,100,000		1,307,902
7.050%, 5/1/37		725,000		932,230
Ryder System, Inc.
3.600%, 3/1/16		300,000		304,608
5.850%, 11/1/16		200,000		224,793
Union Pacific Corp.
5.125%, 2/15/14	$	500,000	$	554,984
6.125%, 2/15/20		1,000,000		1,201,748
4.000%, 2/1/21		125,000		129,515
5.780%, 7/15/40§		750,000		826,381

				15,267,746

*Trading Companies & Distributors (0.0%)*
GATX Corp.
4.750%, 10/1/12		250,000		262,790
4.750%, 5/15/15		160,000		171,071

				433,861

Total Industrials				72,223,786

Information Technology (0.7%)
*Communications Equipment (0.1%)*
American Tower Corp.
4.625%, 4/1/15		300,000		319,941
7.000%, 10/15/17		250,000		290,937
5.050%, 9/1/20		250,000		256,049
Cisco Systems, Inc.
5.500%, 2/22/16		1,075,000		1,268,122
4.950%, 2/15/19		2,000,000		2,288,032
5.900%, 2/15/39		1,500,000		1,733,542
Harris Corp.
6.375%, 6/15/19		165,000		191,555
Motorola, Inc.
8.000%, 11/1/11		500,000		531,026
6.000%, 11/15/17		533,000		594,997
Nokia Oyj
5.375%, 5/15/19		500,000		545,837
6.625%, 5/15/39		190,000		216,114

				8,236,152

*Computers & Peripherals (0.1%)*
Dell, Inc.
3.375%, 6/15/12		145,000		150,972
1.400%, 9/10/13		200,000		200,756
2.300%, 9/10/15		200,000		201,115
5.875%, 6/15/19		700,000		812,269
7.100%, 4/15/28		275,000		325,462
5.400%, 9/10/40		200,000		198,816
Hewlett-Packard Co.
4.250%, 2/24/12		1,500,000		1,572,751
5.250%, 3/1/12		469,000		498,983
1.250%, 9/13/13		300,000		301,993
4.750%, 6/2/14		1,000,000		1,120,902
2.125%, 9/13/15		300,000		302,600
5.500%, 3/1/18		500,000		590,381
Lexmark International, Inc.
5.900%, 6/1/13		300,000		321,762

				6,598,762

*Electronic Equipment, Instruments & Components (0.0%)*
Agilent Technologies, Inc.
5.500%, 9/14/15		500,000		562,136
Arrow Electronics, Inc.
6.000%, 4/1/20		200,000		215,590
Avnet, Inc.
5.875%, 6/15/20		200,000		212,511
Corning, Inc.
6.625%, 5/15/19		60,000		72,641
4.250%, 8/15/20		135,000		141,537
5.750%, 8/15/40		255,000		270,497

				1,474,912

See Notes to Portfolio of Investments.

207

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
*IT Services (0.2%)*
Computer Sciences Corp.
6.500%, 3/15/18	$	1,000,000	$	1,148,186
Fiserv, Inc.
6.125%, 11/20/12		500,000		545,646
6.800%, 11/20/17		500,000		578,926
HP Enterprise Services LLC
6.000%, 8/1/13		513,000		583,054
International Business Machines Corp.
2.100%, 5/6/13		1,500,000		1,547,793
1.000%, 8/5/13		315,000		316,086
5.700%, 9/14/17		2,500,000		2,986,215
6.500%, 1/15/28		975,000		1,211,411
5.875%, 11/29/32		25,000		29,436
5.600%, 11/30/39		550,000		632,908

				9,579,661

*Office Electronics (0.1%)*
Xerox Corp.
5.500%, 5/15/12		920,000		978,894
5.650%, 5/15/13		500,000		547,693
8.250%, 5/15/14		80,000		95,918
6.350%, 5/15/18		1,095,000		1,270,385
5.625%, 12/15/19		400,000		447,708

				3,340,598

*Semiconductors & Semiconductor Equipment (0.0%)*
Analog Devices, Inc.
5.000%, 7/1/14		200,000		219,793
KLA-Tencor Corp.
6.900%, 5/1/18		269,000		308,568
Maxim Integrated Products, Inc.
3.450%, 6/14/13		200,000		205,777

				734,138

*Software (0.2%)*
Adobe Systems, Inc.
3.250%, 2/1/15		200,000		209,283
4.750%, 2/1/20		250,000		269,095
CA, Inc.
6.125%, 12/1/14		200,000		226,244
5.375%, 12/1/19		300,000		326,071
Intuit, Inc.
5.750%, 3/15/17		400,000		453,185
Microsoft Corp.
2.950%, 6/1/14		1,705,000		1,807,699
4.200%, 6/1/19		265,000		293,979
3.000%, 10/1/20		500,000		498,712
5.200%, 6/1/39		590,000		648,013
Oracle Corp.
4.950%, 4/15/13		1,000,000		1,101,549
3.750%, 7/8/14		475,000		517,657
5.250%, 1/15/16		920,000		1,070,061
5.750%, 4/15/18		750,000		891,762
5.000%, 7/8/19		500,000		574,008
6.500%, 4/15/38		865,000		1,074,449
5.375%, 7/15/40§		750,000		806,684
Symantec Corp.
2.750%, 9/15/15		100,000		100,969
4.200%, 9/15/20		100,000		100,402

				10,969,822

Total Information Technology				40,934,045

Materials (1.0%)
*Chemicals (0.3%)*
Agrium, Inc.
6.750%, 1/15/19	$	500,000	$	591,518
Air Products and Chemicals, Inc.
4.375%, 8/21/19		200,000		212,934
Airgas, Inc.
2.850%, 10/1/13		200,000		204,200
3.250%, 10/1/15		200,000		200,176
Cabot Corp.
5.000%, 10/1/16		200,000		219,007
Dow Chemical Co.
4.850%, 8/15/12		1,000,000		1,058,345
6.000%, 10/1/12		927,000		1,004,427
7.600%, 5/15/14		770,000		899,393
5.900%, 2/15/15		500,000		557,540
8.550%, 5/15/19		1,275,000		1,609,930
7.375%, 11/1/29		25,000		28,841
9.400%, 5/15/39		455,000		644,045
E.I. du Pont de Nemours & Co.
5.000%, 1/15/13		300,000		328,157
5.875%, 1/15/14		1,900,000		2,174,219
3.250%, 1/15/15		900,000		962,691
6.000%, 7/15/18		800,000		963,638
5.750%, 3/15/19		500,000		596,132
5.600%, 12/15/36		300,000		331,720
4.900%, 1/15/41		200,000		199,384
Eastman Chemical Co.
7.250%, 1/15/24		500,000		612,545
Lubrizol Corp.
8.875%, 2/1/19		500,000		649,589
Monsanto Co.
5.125%, 4/15/18		200,000		227,966
5.875%, 4/15/38		150,000		170,979
Potash Corp of Saskatchewan, Inc.
5.250%, 5/15/14		520,000		577,488
3.750%, 9/30/15		240,000		248,424
6.500%, 5/15/19		215,000		251,309
4.875%, 3/30/20		145,000		154,144
PPG Industries, Inc.
5.750%, 3/15/13		500,000		547,600
6.650%, 3/15/18		300,000		363,477
Praxair, Inc.
2.125%, 6/14/13		600,000		616,827
4.625%, 3/30/15		503,000		564,440
4.500%, 8/15/19		700,000		771,625
Sherwin-Williams Co.
3.125%, 12/15/14		200,000		211,936
Valspar Corp.
7.250%, 6/15/19		200,000		243,705

				18,998,351

*Construction Materials (0.0%)*
Lafarge S.A.
6.500%, 7/15/16		400,000		431,683
7.125%, 7/15/36		200,000		191,730
Martin Marietta Materials, Inc.
6.600%, 4/15/18		300,000		336,389
Vulcan Materials Co.
6.300%, 6/15/13		500,000		543,176

				1,502,978

*Containers & Packaging (0.0%)*
Bemis Co., Inc.
5.650%, 8/1/14		115,000		129,981
6.800%, 8/1/19		290,000		345,795

See Notes to Portfolio of Investments.

208

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Pactiv Corp.
6.400%, 1/15/18	$	400,000	$	405,192

				880,968

*Metals & Mining (0.6%)*
Alcoa, Inc.
6.000%, 7/15/13		1,000,000		1,087,869
6.750%, 7/15/18		500,000		538,812
5.720%, 2/23/19		300,000		304,969
5.900%, 2/1/27		970,000		955,931
Allegheny Technologies, Inc.
9.375%, 6/1/19		400,000		483,428
ArcelorMittal S.A.
5.375%, 6/1/13		500,000		536,855
9.000%, 2/15/15		350,000		422,374
3.750%, 8/5/15		500,000		505,341
6.125%, 6/1/18		250,000		270,379
9.850%, 6/1/19		725,000		931,847
5.250%, 8/5/20		500,000		503,898
7.000%, 10/15/39		500,000		510,786
Barrick (PD) Australian Finance Pty Ltd.
5.950%, 10/15/39		1,000,000		1,134,499
Barrick Gold Corp.
6.950%, 4/1/19		750,000		953,336
Barrick N.A. Finance LLC
7.500%, 9/15/38		100,000		132,068
BHP Billiton Finance USA Ltd.
5.125%, 3/29/12		444,000		470,205
4.800%, 4/15/13		40,000		43,491
5.500%, 4/1/14		700,000		787,669
6.500%, 4/1/19		1,200,000		1,472,794
Cliffs Natural Resources, Inc.
5.900%, 3/15/20		200,000		219,569
4.800%, 10/1/20		105,000		106,579
6.250%, 10/1/40		145,000		143,440
Commercial Metals Co.
6.500%, 7/15/17		300,000		312,124
Freeport-McMoRan Copper & Gold, Inc.
8.250%, 4/1/15		500,000		535,000
8.375%, 4/1/17		1,200,000		1,339,500
Newmont Mining Corp.
5.125%, 10/1/19		720,000		805,439
6.250%, 10/1/39		400,000		458,564
Nucor Corp.
5.750%, 12/1/17		500,000		588,677
5.850%, 6/1/18		700,000		824,629
Rio Tinto Alcan, Inc.
4.500%, 5/15/13		500,000		534,182
6.125%, 12/15/33		340,000		390,092
Rio Tinto Finance USA Ltd.
5.875%, 7/15/13		1,400,000		1,560,397
8.950%, 5/1/14		1,450,000		1,790,239
6.500%, 7/15/18		500,000		602,956
7.125%, 7/15/28		300,000		379,495
Southern Copper Corp.
5.375%, 4/16/20		80,000		84,695
6.750%, 4/16/40		890,000		971,713
Teck Resources Ltd.
9.750%, 5/15/14		500,000		616,459
10.750%, 5/15/19		1,500,000		1,888,950
Vale Overseas Ltd.
6.250%, 1/23/17		1,080,000		1,236,238
5.625%, 9/15/19		500,000		551,208
4.625%, 9/15/20		500,000		516,420
6.875%, 11/21/36		1,501,000		1,714,829
6.875%, 11/10/39	$	342,000	$	391,919
WMC Finance USA Ltd.
5.125%, 5/15/13		500,000		548,422
Xstrata Canada Corp.
5.500%, 6/15/17		512,000		551,480

				31,709,766

*Paper & Forest Products (0.1%)*
Celulosa Arauco y Constitucion S.A.
5.000%, 1/21/21§		600,000		607,814
International Paper Co.
5.300%, 4/1/15		400,000		435,038
7.950%, 6/15/18		500,000		606,374
9.375%, 5/15/19		500,000		648,643
7.500%, 8/15/21		400,000		478,525
7.300%, 11/15/39		300,000		335,847

				3,112,241

Total Materials				56,204,304

Telecommunication Services (1.4%)
*Diversified Telecommunication Services (1.1%)*
Ameritech Capital Funding Corp.
6.550%, 1/15/28		375,000		401,245
AT&T Corp.
7.300%, 11/15/11		1,000,000		1,071,003
8.000%, 11/15/31		19,000		25,416
AT&T, Inc.
4.950%, 1/15/13		1,900,000		2,064,612
4.850%, 2/15/14		500,000		553,705
5.100%, 9/15/14		560,000		628,760
2.500%, 8/15/15		1,000,000		1,018,985
5.500%, 2/1/18		1,200,000		1,391,827
5.800%, 2/15/19		1,000,000		1,192,041
6.150%, 9/15/34		478,000		523,246
6.800%, 5/15/36		482,000		572,134
6.500%, 9/1/37		500,000		578,476
6.300%, 1/15/38		1,070,000		1,208,531
6.400%, 5/15/38		942,000		1,076,612
6.550%, 2/15/39		750,000		872,230
5.350%, 9/1/40§		2,877,000		2,890,554
BellSouth Capital Funding Corp.
7.875%, 2/15/30		486,000		606,413
BellSouth Corp.
5.200%, 9/15/14		1,571,000		1,766,657
6.875%, 10/15/31		1,000,000		1,158,011
6.000%, 11/15/34		230,000		244,031
British Telecommunications plc
5.150%, 1/15/13		300,000		320,598
5.950%, 1/15/18		500,000		557,429
9.875%, 12/15/30		1,015,000		1,413,248
CenturyLink, Inc.
6.150%, 9/15/19		1,000,000		1,022,925
7.600%, 9/15/39		200,000		195,687
Deutsche Telekom International Finance B.V.
5.250%, 7/22/13		1,000,000		1,096,896
4.875%, 7/8/14		1,050,000		1,154,458
6.750%, 8/20/18		1,000,000		1,224,505
6.000%, 7/8/19		550,000		654,424
8.750%, 6/15/30		572,000		800,945
9.250%, 6/1/32		200,000		289,667
Embarq Corp.
7.082%, 6/1/16		525,000		583,488
7.995%, 6/1/36		500,000		531,614
France Telecom S.A.
4.375%, 7/8/14		500,000		551,232

See Notes to Portfolio of Investments.

209

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
8.500%, 3/1/31	$	1,025,000	$	1,482,529
GTE Corp.
8.750%, 11/1/21		500,000		704,303
Koninklijke (Royal) KPN N.V.
8.375%, 10/1/30		500,000		689,050
Pacific Bell Telephone Co.
7.125%, 3/15/26		200,000		237,267
Qwest Corp.
8.375%, 5/1/16		2,000,000		2,365,000
6.500%, 6/1/17		750,000		819,375
Telecom Italia Capital S.A.
5.250%, 11/15/13		1,065,000		1,144,233
6.175%, 6/18/14		550,000		606,534
6.999%, 6/4/18		500,000		574,362
7.175%, 6/18/19		550,000		645,532
6.375%, 11/15/33		971,000		957,869
7.721%, 6/4/38		500,000		564,644
Telefonica Emisiones S.A.U.
2.582%, 4/26/13		300,000		305,551
4.949%, 1/15/15		230,000		251,662
3.729%, 4/27/15		185,000		193,464
6.221%, 7/3/17		473,000		552,260
5.877%, 7/15/19		290,000		331,857
5.134%, 4/27/20		445,000		484,129
7.045%, 6/20/36		1,500,000		1,796,097
Telefonica Europe B.V.
8.250%, 9/15/30		1,000,000		1,317,624
Verizon Communications, Inc.
7.375%, 9/1/12		55,000		61,641
4.350%, 2/15/13		1,500,000		1,617,390
5.550%, 2/15/16		930,000		1,076,162
5.500%, 2/15/18		918,000		1,056,305
8.750%, 11/1/18		500,000		680,360
7.750%, 12/1/30		779,000		1,005,744
5.850%, 9/15/35		210,000		226,240
6.400%, 2/15/38		833,000		963,429
8.950%, 3/1/39		1,250,000		1,832,838
7.350%, 4/1/39		1,250,000		1,605,080
Verizon New York, Inc. Series A
6.875%, 4/1/12		750,000		808,972

			57,199,108

*Wireless Telecommunication Services (0.3%)*
Alltel Corp.
7.000%, 7/1/12		300,000		330,044
7.875%, 7/1/32		150,000		199,768
America Movil S.A.B. de C.V.
5.625%, 11/15/17		934,000		1,053,754
5.000%, 3/30/20		1,000,000		1,078,537
6.125%, 3/30/40		1,500,000		1,669,786
Cellco Partnership/Verizon Wireless Capital LLC
5.250%, 2/1/12		600,000		635,336
5.550%, 2/1/14		2,000,000		2,261,710
8.500%, 11/15/18		1,100,000		1,497,793
New Cingular Wireless Services, Inc.
8.125%, 5/1/12		953,000		1,058,743
Rogers Communications, Inc.
6.375%, 3/1/14		1,000,000		1,151,988
6.800%, 8/15/18		700,000		864,729
7.500%, 8/15/38		300,000		392,944
Vodafone Group plc
5.350%, 2/27/12		500,000		529,579
4.150%, 6/10/14		500,000		540,039
5.000%, 9/15/15		1,000,000		1,125,146
5.625%, 2/27/17	$	1,500,000	$	1,716,527
4.625%, 7/15/18		80,000		87,118
7.875%, 2/15/30		482,000		638,984
6.150%, 2/27/37		473,000		553,916

				17,386,441

Total Telecommunication Services				74,585,549

Utilities (1.8%)
*Electric Utilities (1.3%)*
Alabama Power Co.
5.500%, 10/15/17		35,000		40,346
Allegheny Energy Supply Co. LLC
8.250%, 4/15/12§		200,000		215,988
Ameren Energy Generating Co.
6.300%, 4/1/20		160,000		158,125
Appalachian Power Co.
5.650%, 8/15/12		500,000		536,363
6.700%, 8/15/37		210,000		243,886
7.000%, 4/1/38		90,000		111,435
Arizona Public Service Co.
8.750%, 3/1/19		115,000		151,087
Baltimore Gas & Electric Co.
6.350%, 10/1/36		500,000		582,399
Carolina Power & Light Co.
5.300%, 1/15/19		1,000,000		1,162,105
CenterPoint Energy Houston Electric LLC
7.000%, 3/1/14		500,000		589,917
Cleco Power LLC
6.500%, 12/1/35		200,000		225,872
Cleveland Electric Illuminating Co.
5.700%, 4/1/17		700,000		777,249
Columbus Southern Power Co.
6.600%, 3/1/33		460,000		559,339
Commonwealth Edison Co.
5.950%, 8/15/16		500,000		593,276
6.150%, 9/15/17		940,000		1,113,550
4.000%, 8/1/20		160,000		167,722
5.875%, 2/1/33		500,000		555,669
5.900%, 3/15/36		441,000		491,764
Connecticut Light & Power Co.
5.500%, 2/1/19		500,000		572,914
Consolidated Edison Co. of New York, Inc.
6.650%, 4/1/19		500,000		628,740
5.500%, 12/1/39		170,000		186,066
Series 02-B
7.125%, 12/1/18		250,000		321,655
Series 07-A
4.875%, 2/1/13		922,000		998,514
Series 08-B
6.300%, 8/15/37		444,000		533,396
Series 09-C
6.750%, 4/1/38		500,000		639,962
Constellation Energy Group, Inc.
7.600%, 4/1/32		500,000		614,137
Consumers Energy Co.
6.700%, 9/15/19		250,000		313,447
Detroit Edison Co.
6.400%, 10/1/13		500,000		572,328
5.600%, 6/15/18		250,000		284,824
6.625%, 6/1/36		200,000		248,763
Duke Energy Carolinas LLC
5.750%, 11/15/13		1,000,000		1,137,273
6.000%, 1/15/38		500,000		591,706

See Notes to Portfolio of Investments.

210

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Duke Energy Corp.
6.300%, 2/1/14	$	500,000	$	571,236
3.350%, 4/1/15		400,000		422,068
5.050%, 9/15/19		300,000		333,809
Duke Energy Indiana, Inc.
5.000%, 9/15/13		50,000		54,888
6.050%, 6/15/16		500,000		590,531
6.450%, 4/1/39		155,000		194,826
Duke Energy Ohio, Inc.
5.700%, 9/15/12		880,000		954,738
5.450%, 4/1/19		500,000		586,416
Energy Texas Inc.
7.125%, 2/1/19		500,000		610,953
Entergy Gulf States Louisiana LLC
5.590%, 10/1/24		120,000		136,594
Entergy Louisiana LLC
5.400%, 11/1/24		145,000		167,238
Exelon Corp.
4.900%, 6/15/15		35,000		38,361
5.625%, 6/15/35		500,000		505,771
Exelon Generation Co. LLC
5.350%, 1/15/14		500,000		554,433
6.200%, 10/1/17		250,000		293,099
6.250%, 10/1/39		500,000		535,956
FirstEnergy Corp.
Series B
6.450%, 11/15/11		21,000		22,006
Series C
7.375%, 11/15/31		369,000		400,935
FirstEnergy Solutions Corp.
6.800%, 8/15/39		995,000		1,002,691
Florida Power & Light Co.
5.550%, 11/1/17		500,000		594,112
5.650%, 2/1/37		15,000		16,922
5.950%, 2/1/38		1,000,000		1,175,989
5.690%, 3/1/40		200,000		230,035
Florida Power Corp.
4.800%, 3/1/13		55,000		59,356
4.550%, 4/1/20		100,000		111,258
6.350%, 9/15/37		200,000		245,258
6.400%, 6/15/38		500,000		618,430
5.650%, 4/1/40		150,000		170,313
FPL Group Capital, Inc.
2.550%, 11/15/13		150,000		153,672
7.875%, 12/15/15		200,000		249,211
6.000%, 3/1/19		500,000		579,783
Georgia Power Co.
6.000%, 11/1/13		1,000,000		1,141,478
5.400%, 6/1/18		500,000		579,034
4.250%, 12/1/19		165,000		177,740
5.950%, 2/1/39		250,000		290,463
5.400%, 6/1/40		200,000		215,932
4.750%, 9/1/40		400,000		394,449
Hydro Quebec
7.500%, 4/1/16		2,000,000		2,551,304
Iberdrola International B.V.
6.750%, 7/15/36		500,000		556,739
Illinois Power Co.
9.750%, 11/15/18		1,000,000		1,339,886
Indiana Michigan Power Co.
7.000%, 3/15/19		750,000		920,925
Integrys Energy Group, Inc.
6.110%, 12/1/66(l)		200,000		184,000
Interstate Power and Light Co.
6.250%, 7/15/39		120,000		142,995
Kansas City Power & Light Co.
6.375%, 3/1/18	$	500,000	$	587,094
Metropolitan Edison Co.
7.700%, 1/15/19		500,000		626,544
MidAmerican Energy Co.
6.750%, 12/30/31		193,000		240,136
5.800%, 10/15/36		500,000		562,753
MidAmerican Energy Holdings Co.
5.000%, 2/15/14		170,000		186,454
5.750%, 4/1/18		750,000		872,824
6.500%, 9/15/37		1,250,000		1,500,996
MidAmerican Funding LLC
6.927%, 3/1/29		482,000		573,957
Nevada Power Co.
7.125%, 3/15/19		500,000		620,467
6.750%, 7/1/37		500,000		608,058
Northern States Power Co.
1.950%, 8/15/15		100,000		101,128
5.250%, 3/1/18		1,000,000		1,154,349
5.350%, 11/1/39		240,000		265,071
4.850%, 8/15/40		100,000		103,403
NSTAR
4.500%, 11/15/19		200,000		220,452
NSTAR Electric Co.
5.500%, 3/15/40		100,000		113,765
Oglethorpe Power Corp.
5.950%, 11/1/39		400,000		470,416
Ohio Power Co.
6.000%, 6/1/16		500,000		581,510
5.375%, 10/1/21		190,000		216,732
Oklahoma Gas & Electric Co.
5.850%, 6/1/40		200,000		226,529
Oncor Electric Delivery Co. LLC
5.950%, 9/1/13		500,000		560,167
6.800%, 9/1/18		500,000		612,413
7.000%, 9/1/22		40,000		50,248
7.250%, 1/15/33		250,000		311,825
7.500%, 9/1/38		500,000		651,501
Pacific Gas & Electric Co.
6.250%, 12/1/13		500,000		570,623
4.800%, 3/1/14		750,000		825,635
6.050%, 3/1/34		1,373,000		1,556,507
5.400%, 1/15/40		200,000		211,006
PacifiCorp
5.500%, 1/15/19		300,000		352,988
5.750%, 4/1/37		30,000		34,061
6.000%, 1/15/39		500,000		588,970
Portland General Electric Co.
6.100%, 4/15/19		200,000		242,703
PPL Electric Utilities Corp.
7.125%, 11/30/13		500,000		586,481
6.250%, 5/15/39		150,000		182,619
PPL Energy Supply LLC
6.400%, 11/1/11		500,000		527,810
6.200%, 5/15/16		500,000		569,388
Progress Energy, Inc.
6.850%, 4/15/12		120,000		130,015
6.050%, 3/15/14		1,000,000		1,138,546
6.000%, 12/1/39		200,000		225,892
PSEG Power LLC
2.500%, 4/15/13		150,000		154,129
5.125%, 4/15/20		120,000		131,934
Public Service Co. of Colorado
6.250%, 9/1/37		329,000		403,036

See Notes to Portfolio of Investments.

211

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Public Service Electric & Gas Co.
6.330%, 11/1/13	$	1,500,000	$	1,717,300
5.300%, 5/1/18		250,000		285,647
5.800%, 5/1/37		500,000		579,759
Puget Sound Energy, Inc.
6.274%, 3/15/37		500,000		577,632
5.757%, 10/1/39		200,000		216,964
5.795%, 3/15/40		130,000		141,839
5.764%, 7/15/40		175,000		190,186
San Diego Gas & Electric Co.
5.350%, 5/15/35		100,000		111,323
6.125%, 9/15/37		250,000		308,178
6.000%, 6/1/39		60,000		72,879
SCANA Corp.
6.250%, 4/1/20		200,000		231,526
Sierra Pacific Power Co.
5.450%, 9/1/13		500,000		550,861
South Carolina Electric & Gas Co.
6.050%, 1/15/38		500,000		586,979
Southern California Edison Co.
5.750%, 3/15/14		500,000		574,579
5.500%, 8/15/18		500,000		590,123
5.550%, 1/15/36		500,000		563,402
5.950%, 2/1/38		555,000		657,431
5.500%, 3/15/40		200,000		227,529
Southern Co.
4.150%, 5/15/14		250,000		270,840
Southwestern Electric Power Co.
6.450%, 1/15/19		250,000		284,898
6.200%, 3/15/40		65,000		69,726
Southwestern Public Service Co.
8.750%, 12/1/18		500,000		646,971
Tampa Electric Co.
6.100%, 5/15/18		125,000		147,764
Toledo Edison Co.
7.250%, 5/1/20		585,000		736,705
TransAlta Corp.
4.750%, 1/15/15		600,000		650,946
6.500%, 3/15/40		140,000		151,910
Union Electric Co.
6.700%, 2/1/19		500,000		607,889
8.450%, 3/15/39		160,000		235,563
Virginia Electric & Power Co.
5.400%, 1/15/16		930,000		1,089,788
6.000%, 1/15/36		55,000		64,708
Series A
6.000%, 5/15/37		500,000		590,603
Series B
5.000%, 6/30/19		635,000		723,194
Westar Energy, Inc.
5.100%, 7/15/20		500,000		554,065
Wisconsin Electric Power Co.
4.250%, 12/15/19		600,000		656,471
Wisconsin Power & Light Co.
5.000%, 7/15/19		200,000		228,717
7.600%, 10/1/38		115,000		162,290

				73,103,970

*Gas Utilities (0.1%)*
Atmos Energy Corp.
8.500%, 3/15/19		300,000		389,985
Boardwalk Pipelines LP
5.750%, 9/15/19		400,000		443,619
Consolidated Natural Gas Co.
6.250%, 11/1/11		100,000		105,458
El Paso Natural Gas Co.
5.950%, 4/15/17	$	500,000	$	550,487
8.375%, 6/15/32		500,000		605,613
EQT Corp.
8.125%, 6/1/19		450,000		557,911
ONEOK, Inc.
6.000%, 6/15/35		25,000		25,857
Panhandle Eastern Pipeline Co.
6.200%, 11/1/17		250,000		277,615
Southern California Gas Co.
5.500%, 3/15/14		1,250,000		1,419,165
Southern Union Co.
7.600%, 2/1/24		300,000		353,688
Williams Partners LP
3.800%, 2/15/15		350,000		368,281
5.250%, 3/15/20		720,000		782,694
6.300%, 4/15/40		380,000		418,898

				6,299,271

*Independent Power Producers & Energy Traders (0.2%)*
Tennessee Valley Authority
6.790%, 5/23/12		190,000		209,303
4.750%, 8/1/13		2,000,000		2,214,784
5.500%, 7/18/17		978,000		1,178,537
6.750%, 11/1/25		492,000		663,680
7.125%, 5/1/30		500,000		703,278
5.880%, 4/1/36		35,000		43,910
6.150%, 1/15/38		1,188,000		1,546,445
5.250%, 9/15/39		700,000		812,443
5.375%, 4/1/56		500,000		598,096

				7,970,476

*Multi-Utilities (0.2%)*
Alliant Energy Corp.
4.000%, 10/15/14		200,000		210,194
Avista Corp.
5.125%, 4/1/22		115,000		127,192
CenterPoint Energy Resources Corp.
7.875%, 4/1/13		300,000		345,450
CenterPoint Energy, Inc.
6.500%, 5/1/18		500,000		580,349
Dominion Resources, Inc.
5.700%, 9/17/12		300,000		327,074
5.150%, 7/15/15		271,000		308,948
5.600%, 11/15/16		80,000		93,690
6.000%, 11/30/17		941,000		1,113,693
5.200%, 8/15/19		170,000		194,396
7.000%, 6/15/38		500,000		645,581
7.500%, 6/30/66(l)		200,000		204,000
DTE Energy Co.
7.625%, 5/15/14		1,100,000		1,307,843
National Grid plc
6.300%, 8/1/16		500,000		590,241
NiSource Finance Corp.
5.400%, 7/15/14		500,000		556,372
10.750%, 3/15/16		250,000		330,221
6.400%, 3/15/18		250,000		289,937
6.800%, 1/15/19		500,000		593,074
PG&E Corp.
5.750%, 4/1/14		500,000		562,216
Sempra Energy
6.500%, 6/1/16		1,000,000		1,196,460
9.800%, 2/15/19		1,000,000		1,394,165
6.000%, 10/15/39		635,000		717,090
United Utilities Group plc
5.375%, 2/1/19		500,000		536,624

See Notes to Portfolio of Investments.

212

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Veolia Environnement
6.000%, 6/1/18	$	454,000	$	524,745

				12,749,555

Total Utilities				100,123,272

Total Corporate Bonds				1,156,029,444

Government Securities (75.3%)
*Agency ABS (1.8%)*
Federal Farm Credit Bank
1.110%, 6/14/12	$	400,000		401,932
0.620%, 9/10/12		200,000		200,011
0.790%, 9/27/12		200,000		200,109
1.750%, 2/21/13		2,000,000		2,043,768
1.840%, 3/1/13		500,000		502,370
1.375%, 6/25/13		500,000		508,824
1.400%, 10/28/13		200,000		200,152
2.375%, 4/28/14		200,000		201,989
2.800%, 6/3/15		500,000		501,755
2.620%, 6/15/15		200,000		202,843
Federal Home Loan Bank
1.000%, 12/28/11		1,000,000		1,007,504
1.125%, 5/18/12		3,000,000		3,031,437
0.875%, 7/20/12		400,000		400,098
0.875%, 8/22/12		3,000,000		3,019,068
1.750%, 12/14/12		1,000,000		1,023,620
0.850%, 12/21/12		200,000		200,032
1.850%, 12/21/12		200,000		200,496
1.625%, 3/20/13		6,000,000		6,136,902
1.000%, 5/24/13		200,000		200,010
1.125%, 8/16/13		400,000		400,027
Federal Home Loan Mortgage Corp.
0.900%, 12/23/11		100,000		100,119
1.125%, 4/25/12		400,000		404,186
1.000%, 7/26/12		400,000		400,606
0.750%, 9/17/12		200,000		200,329
2.000%, 11/5/12		1,000,000		1,001,358
1.700%, 12/17/12		600,000		601,430
1.250%, 12/28/12		1,000,000		1,001,523
1.125%, 1/14/13		1,000,000		1,002,944
1.750%, 1/28/13		500,000		502,131
0.950%, 3/7/13		500,000		500,882
1.875%, 3/8/13		400,000		402,101
1.625%, 4/15/13		2,000,000		2,045,340
2.000%, 5/3/13		200,000		200,252
1.875%, 5/10/13		200,000		200,308
1.550%, 7/8/13		1,000,000		1,000,169
1.300%, 7/26/13		1,200,000		1,202,362
1.500%, 7/26/13		800,000		801,955
1.150%, 8/23/13		200,000		200,275
0.875%, 10/28/13		2,000,000		1,999,210
1.500%, 10/28/13		200,000		200,586
1.400%, 11/18/13		400,000		402,461
1.625%, 1/21/14		200,000		201,716
1.450%, 2/24/14		400,000		401,344
1.350%, 3/28/14		400,000		401,088
2.650%, 4/28/14		1,000,000		1,001,682
3.000%, 3/17/15		100,000		101,240
3.000%, 5/18/15		200,000		200,655
3.000%, 5/26/15		200,000		200,721
2.750%, 7/7/15		200,000		200,923
2.375%, 7/28/15		200,000		201,174
2.250%, 8/12/15		500,000		506,265
2.250%, 8/18/15		200,000		200,408
2.000%, 8/25/15	$	200,000	$	200,751
2.125%, 8/25/15		400,000		401,879
5.000%, 4/29/25		200,000		204,125
5.625%, 11/23/35		500,000		550,173
Federal National Mortgage Association
5.000%, 10/15/11		5,000,000		5,240,945
0.875%, 1/12/12		2,000,000		2,011,032
1.000%, 4/4/12		5,000,000		5,041,105
1.300%, 5/25/12		1,000,000		1,004,066
1.250%, 6/22/12		500,000		506,432
1.100%, 6/28/12		2,000,000		2,002,696
1.000%, 7/27/12		200,000		200,069
0.800%, 8/16/12		400,000		400,339
0.850%, 8/17/12		500,000		500,608
0.750%, 9/17/12		1,000,000		1,001,310
0.625%, 9/24/12		1,000,000		1,002,328
1.000%, 11/19/12		100,000		100,069
1.750%, 12/28/12		400,000		401,149
2.125%, 1/25/13		500,000		502,068
2.050%, 1/28/13		400,000		401,558
1.800%, 2/8/13		400,000		404,115
1.750%, 2/22/13		5,000,000		5,127,240
1.800%, 3/15/13		400,000		402,085
1.850%, 3/25/13		400,000		402,236
2.000%, 4/15/13		500,000		503,523
1.100%, 4/29/13		700,000		701,985
1.875%, 5/6/13		400,000		402,954
1.750%, 5/7/13		5,600,000		5,748,546
2.000%, 5/10/13		2,000,000		2,002,878
2.000%, 6/24/13		1,000,000		1,008,459
1.500%, 6/26/13		1,000,000		1,019,543
1.375%, 7/19/13		1,000,000		1,005,079
1.250%, 7/29/13		800,000		803,007
1.300%, 8/9/13		200,000		200,453
1.250%, 8/16/13		600,000		601,334
1.350%, 8/16/13		1,000,000		1,002,426
2.020%, 8/20/13		200,000		201,558
1.250%, 8/23/13		800,000		801,305
1.125%, 9/17/13		1,000,000		1,001,445
1.000%, 9/23/13		3,000,000		3,011,895
1.200%, 9/27/13		600,000		601,566
1.125%, 10/8/13		400,000		400,198
1.000%, 10/15/13		400,000		398,965
1.500%, 2/4/14		200,000		200,704
1.350%, 2/24/14		400,000		400,902
2.500%, 4/29/14		400,000		400,520
1.550%, 8/12/14		400,000		400,542
1.750%, 8/18/14		200,000		201,935
3.125%, 11/10/14		600,000		601,909
3.125%, 1/21/15		400,000		402,884
2.000%, 2/5/15		200,000		200,269
3.125%, 5/19/15		600,000		601,997
2.375%, 7/28/15		2,000,000		2,077,998
2.150%, 8/4/15		200,000		200,962
2.000%, 8/5/15		400,000		404,390
2.125%, 8/5/15		200,000		202,380
2.150%, 8/12/15		400,000		400,613
2.000%, 8/24/15		400,000		402,937
2.000%, 9/21/15		400,000		401,452
2.000%, 9/30/15		1,000,000		999,397
1.875%, 10/15/15		200,000		199,882
2.600%, 1/27/16		200,000		200,265
2.000%, 3/28/16		200,000		200,448
2.250%, 3/28/16		200,000		200,629
2.350%, 9/23/16		200,000		201,326

See Notes to Portfolio of Investments.

213

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
4.000%, 1/20/17	$	1,400,000	$	1,414,304
6.000%, 3/9/20		200,000		209,799
4.300%, 3/30/20		200,000		203,520
4.000%, 9/30/25		200,000		199,923
6.000%, 4/18/36		500,000		573,955
Financing Corp.
10.700%, 10/6/17		1,200,000		1,837,046

				101,939,075

*Foreign Governments (1.6%)*
Canadian Government Bond
2.375%, 9/10/14		1,000,000		1,047,808
Council of Europe Development Bank
2.750%, 2/10/15		500,000		527,782
Export-Import Bank of Korea
8.125%, 1/21/14		1,000,000		1,173,750
5.875%, 1/14/15		700,000		782,321
4.125%, 9/9/15		400,000		420,146
5.125%, 6/29/20		500,000		538,389
Federative Republic of Brazil
6.000%, 1/17/17		3,000,000		3,495,000
8.000%, 1/15/18		2,500,000		2,988,750
5.875%, 1/15/19		2,500,000		2,931,250
8.875%, 4/15/24		615,000		902,512
8.750%, 2/4/25		1,500,000		2,200,995
8.250%, 1/20/34		3,155,000		4,590,525
7.125%, 1/20/37		50,000		65,750
Hungary Government International Bond
4.750%, 2/3/15		500,000		508,041
Israel Government AID Bond
5.500%, 4/26/24		1,500,000		1,864,503
Japan Finance Organization for Municipalities
5.000%, 5/16/17		1,000,000		1,164,222
Province of British Columbia
2.850%, 6/15/15		620,000		659,334
6.500%, 1/15/26		300,000		399,932
7.250%, 9/1/36		1,000,000		1,502,307
Province of Manitoba
2.125%, 4/22/13		500,000		517,355
4.900%, 12/6/16		650,000		756,867
Province of Nova Scotia
5.125%, 1/26/17		1,025,000		1,193,571
Province of Ontario
2.625%, 1/20/12		4,700,000		4,818,933
5.125%, 7/17/12		75,000		80,949
3.500%, 7/15/13		1,000,000		1,069,790
4.100%, 6/16/14		1,500,000		1,647,798
2.950%, 2/5/15		2,000,000		2,117,144
5.450%, 4/27/16		700,000		826,211
4.000%, 10/7/19		500,000		539,735
Province of Quebec
4.600%, 5/26/15		1,270,000		1,438,728
5.125%, 11/14/16		20,000		23,390
4.625%, 5/14/18		1,000,000		1,139,095
7.125%, 2/9/24		100,000		138,158
7.500%, 9/15/29		2,070,000		3,015,986
Republic of Chile
5.500%, 1/15/13		650,000		709,456
3.875%, 8/5/20		400,000		414,908
Republic of Italy
5.625%, 6/15/12		1,998,000		2,126,857
2.125%, 10/5/12		1,000,000		1,007,457
4.500%, 1/21/15		3,002,000		3,216,214
5.250%, 9/20/16		1,000,000		1,101,443
5.375%, 6/12/17		1,000,000		1,104,089
6.875%, 9/27/23	$	1,003,000	$	1,216,749
5.375%, 6/15/33		1,525,000		1,552,424
Republic of Korea
4.250%, 6/1/13		500,000		530,759
5.750%, 4/16/14		500,000		560,571
4.875%, 9/22/14		545,000		597,071
7.125%, 4/16/19		700,000		891,848
Republic of Panama
5.200%, 1/30/20		700,000		775,250
7.125%, 1/29/26		600,000		762,000
8.875%, 9/30/27		350,000		508,375
9.375%, 4/1/29		350,000		530,250
6.700%, 1/26/36		680,000		834,700
Republic of Peru
8.375%, 5/3/16		700,000		885,500
7.125%, 3/30/19		1,000,000		1,252,500
7.350%, 7/21/25		600,000		778,500
6.550%, 3/14/37		678,000		822,075
Republic of Poland
6.250%, 7/3/12		500,000		541,886
5.250%, 1/15/14		500,000		545,766
5.000%, 10/19/15		500,000		546,315
6.375%, 7/15/19		1,090,000		1,284,205
Republic of South Africa
6.500%, 6/2/14		500,000		568,750
6.875%, 5/27/19		1,445,000		1,766,513
5.875%, 5/30/22		605,000		698,775
State of Israel
4.625%, 6/15/13		300,000		323,601
5.500%, 11/9/16		464,000		538,298
5.125%, 3/26/19		575,000		636,474
United Mexican States
5.875%, 2/17/14		2,500,000		2,825,000
6.625%, 3/3/15		474,000		556,950
5.625%, 1/15/17		574,000		656,656
5.950%, 3/19/19		1,000,000		1,173,500
8.125%, 12/30/19		1,458,000		1,971,945
5.125%, 1/15/20		1,000,000		1,117,500
8.300%, 8/15/31		1,468,000		2,095,570
6.750%, 9/27/34		886,000		1,100,855
6.050%, 1/11/40		1,050,000		1,202,250

				89,416,832

*Municipal Bonds (0.6%)*
American Municipal Power-Ohio, Inc.
6.449%, 2/15/44		200,000		214,812
Bay Area Toll Authority California State
6.793%, 4/1/30		200,000		212,226
6.918%, 4/1/40		200,000		216,740
6.263%, 4/1/49		1,000,000		1,116,170
7.043%, 4/1/50		400,000		440,632
Central Puget Sound Washington Regional Transportation Authority
5.491%, 11/1/39		200,000		219,078
City & County of Denver, Colorado
5.650%, 8/1/30		200,000		206,950
City of Chicago, Illinois
6.845%, 1/1/38		85,000		89,265
6.395%, 1/1/40		70,000		74,363
City of San Antonio, Texas
5.985%, 2/1/39		125,000		148,176
Clark County, Nevada Airport
6.881%, 7/1/42		200,000		208,310
6.820%, 7/1/45		300,000		332,685

See Notes to Portfolio of Investments.

214

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Dallas, Texas Area Rapid Transit
4.922%, 12/1/41	$	100,000	$	101,483
5.022%, 12/1/48		250,000		251,052
Indianapolis, Indiana Local Public Improvement
6.116%, 1/15/40		200,000		223,916
Los Angeles Department of Airports
6.582%, 5/15/39		200,000		222,820
Los Angeles Department of Water & Power
6.008%, 7/1/39		200,000		217,028
Los Angeles, California Community College District
6.600%, 8/1/42		200,000		220,700
6.750%, 8/1/49		400,000		447,460
Los Angeles, California Unified School District
5.755%, 7/1/29		200,000		204,562
5.750%, 7/1/34		400,000		404,080
6.758%, 7/1/34		1,155,000		1,309,909
Massachusetts State Water Pollution Abatement
5.192%, 8/1/40		285,000		297,369
Metropolitan Government of Nashville & Davidson County Convention Center Authority
6.731%, 7/1/43		100,000		107,441
Metropolitan Transportation Authority
5.871%, 11/15/39		200,000		200,600
6.668%, 11/15/39		150,000		163,842
6.687%, 11/15/40		1,000,000		1,091,790
Municipal Electric Authority of Georgia
6.637%, 4/1/57		200,000		215,036
7.055%, 4/1/57		200,000		195,380
New Jersey State Turnpike Authority
7.414%, 1/1/40		365,000		453,166
New Jersey Transportation Trust Fund Authority
6.875%, 12/15/39		200,000		212,332
New York City Municipal Water Finance Authority
5.750%, 6/15/41		400,000		431,180
5.724%, 6/15/42		380,000		408,492
5.952%, 6/15/42		400,000		444,516
6.011%, 6/15/42		65,000		72,480
New York City Transitional Finance Authority
5.508%, 8/1/37		600,000		623,730
New York State Dormitory Authority
5.500%, 3/15/30		350,000		367,563
5.600%, 3/15/40		300,000		317,286
New York State Urban Development Corp.
5.770%, 3/15/39		200,000		211,948
Ohio State University
4.910%, 6/1/40		400,000		407,772
Oregon State Department of Transportation
5.834%, 11/15/34		300,000		340,005
Pennsylvania State Turnpike Commission
6.105%, 12/1/39		500,000		548,430
5.511%, 12/1/45		340,000		341,741
5.561%, 12/1/49		400,000		402,152
Port of Seattle
7.000%, 5/1/36		1,000,000		1,104,330
Salt River Project Agricultural Improvement & Power District
4.839%, 1/1/41		120,000		120,802
San Diego County, California Water Authority
6.138%, 5/1/49		200,000		222,010
San Francisco City & County Public Utilities Commission
6.000%, 11/1/40		600,000		627,228
State of California
4.850%, 10/1/14		500,000		525,685
5.450%, 4/1/15		250,000		269,300
5.950%, 4/1/16	$	35,000	$	38,479
5.750%, 3/1/17		200,000		218,806
6.200%, 3/1/19		200,000		220,278
6.200%, 10/1/19		400,000		442,868
6.650%, 3/1/22		200,000		222,636
7.500%, 4/1/34		1,500,000		1,631,970
7.950%, 3/1/36		200,000		214,420
7.550%, 4/1/39		665,000		723,194
7.300%, 10/1/39		200,000		211,690
7.350%, 11/1/39		450,000		480,281
7.625%, 3/1/40		465,000		511,444
State of Georgia
4.503%, 11/1/25		200,000		217,434
State of Illinois
2.766%, 1/1/12		200,000		201,642
3.321%, 1/1/13		200,000		203,068
4.071%, 1/1/14		200,000		206,744
4.421%, 1/1/15		200,000		208,432
5.100%, 6/1/33		3,000,000		2,517,000
State of Illinois Toll Highway Authority
6.184%, 1/1/34		110,000		117,491
5.851%, 12/1/34		200,000		205,848
State of Massachusetts
4.910%, 5/1/29		100,000		101,362
4.500%, 8/1/31		150,000		145,092
5.456%, 12/1/39		400,000		434,036
State of New York
5.206%, 10/1/31		300,000		293,325
State of Texas
4.631%, 4/1/33		200,000		201,878
4.681%, 4/1/40		180,000		180,932
State of Utah
4.554%, 7/1/24		240,000		257,635
3.539%, 7/1/25		200,000		199,772
State of Washington
5.090%, 8/1/33		200,000		212,056
5.481%, 8/1/39		200,000		216,902
5.140%, 8/1/40		200,000		208,478
State Public School Building Authority of Pennsylvania
5.000%, 9/15/27		200,000		200,696
Texas State Transportation Commission
5.178%, 4/1/30		1,000,000		1,074,750
University of Texas
4.794%, 8/15/46		355,000		360,389
University of Virginia
6.200%, 9/1/39		250,000		309,612
Utah Transit Authority
5.937%, 6/15/39		80,000		93,505
Virginia Commonwealth Transportation Board
5.350%, 5/15/35		400,000		431,944

				31,522,112

*Supranational (1.5%)*
African Development Bank
1.000%, 11/23/11		500,000		497,939
1.875%, 1/23/12		500,000		508,739
1.750%, 10/1/12		300,000		306,127
3.000%, 5/27/14		500,000		534,435
6.875%, 10/15/15		200,000		243,664
Asian Development Bank
2.125%, 3/15/12		3,000,000		3,067,707
2.750%, 5/21/14		600,000		636,254
5.500%, 6/27/16		2,000,000		2,406,158

See Notes to Portfolio of Investments.

215

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Corp. Andina de Fomento
3.750%, 1/15/16	$	500,000	$	502,193
8.125%, 6/4/19		875,000		1,089,227
Eksportfinans A/S
5.000%, 2/14/12		1,930,000		2,042,957
3.000%, 11/17/14		500,000		527,203
5.500%, 6/26/17		1,000,000		1,181,344
European Bank for Reconstruction & Development
3.625%, 6/17/13		400,000		429,492
2.750%, 4/20/15		700,000		740,772
European Investment Bank
3.250%, 10/14/11		3,000,000		3,088,497
2.625%, 11/15/11		1,500,000		1,536,724
2.000%, 2/10/12		2,500,000		2,549,805
1.750%, 9/14/12		2,000,000		2,046,522
1.625%, 3/15/13		1,000,000		1,020,957
2.875%, 3/15/13		2,000,000		2,103,344
2.375%, 3/14/14		3,000,000		3,130,068
4.625%, 5/15/14		3,760,000		4,218,269
3.125%, 6/4/14		1,000,000		1,072,215
2.875%, 1/15/15		1,000,000		1,063,727
2.750%, 3/23/15		1,500,000		1,590,258
4.875%, 2/16/16		2,018,000		2,344,315
4.875%, 1/17/17		55,000		64,263
5.125%, 5/30/17		2,500,000		2,972,667
2.875%, 9/15/20		1,000,000		1,013,678
4.875%, 2/15/36		500,000		557,512
Export Development Canada
2.625%, 11/15/11		1,000,000		1,025,160
2.375%, 3/19/12		1,000,000		1,027,689
1.750%, 9/24/12		500,000		511,300
3.500%, 5/16/13		500,000		535,279
2.250%, 5/28/15		1,000,000		1,039,161
Inter-American Development Bank
3.250%, 11/15/11		1,000,000		1,030,875
4.750%, 10/19/12		500,000		541,197
1.750%, 10/22/12		2,000,000		2,047,092
3.000%, 4/22/14		1,500,000		1,600,479
2.250%, 7/15/15		1,000,000		1,037,826
5.125%, 9/13/16		1,000,000		1,181,538
4.250%, 9/10/18		1,467,000		1,670,351
3.875%, 9/17/19		1,000,000		1,104,648
International Bank for Reconstruction & Development
2.000%, 4/2/12		4,000,000		4,095,716
3.500%, 10/8/13		2,000,000		2,158,966
1.125%, 8/25/14		1,000,000		1,004,745
2.375%, 5/26/15		2,500,000		2,616,593
5.000%, 4/1/16		500,000		583,935
7.625%, 1/19/23		491,000		712,690
4.750%, 2/15/35		540,000		620,103
International Finance Corp.
3.500%, 5/15/13		1,300,000		1,394,225
3.000%, 4/22/14		1,545,000		1,652,920
Japan Finance Corp.
1.500%, 7/6/12		700,000		707,808
2.125%, 11/5/12		2,000,000		2,046,102
2.875%, 2/2/15		1,500,000		1,582,168
Korea Development Bank
5.300%, 1/17/13		1,100,000		1,174,632
5.750%, 9/10/13		70,000		76,630
8.000%, 1/23/14		1,000,000		1,169,757
4.375%, 8/10/15		500,000		530,389
Nordic Investment Bank
1.625%, 1/28/13		500,000		509,807
2.625%, 10/6/14	$	1,000,000	$	1,051,197
5.000%, 2/1/17		500,000		585,156
Svensk Exportkredit AB
3.250%, 9/16/14		500,000		533,054
5.125%, 3/1/17		250,000		290,092

				84,536,312

*U.S. Government Agencies (36.4%)*
Federal Farm Credit Bank
2.000%, 1/17/12		1,000,000		1,020,329
2.125%, 6/18/12		2,000,000		2,053,978
1.875%, 12/7/12		600,000		615,659
2.625%, 4/17/14		50,000		52,702
3.000%, 9/22/14		1,000,000		1,072,015
5.125%, 8/25/16		485,000		577,330
4.875%, 1/17/17		4,895,000		5,687,804
Federal Home Loan Bank
4.875%, 11/18/11		8,830,000		9,275,306
2.250%, 4/13/12		5,000,000		5,136,755
5.750%, 5/15/12		100,000		108,527
1.875%, 6/20/12		3,050,000		3,121,763
2.000%, 10/5/12		1,000,000		1,000,184
1.625%, 11/21/12		3,000,000		3,065,229
3.375%, 2/27/13		6,000,000		6,385,824
5.125%, 8/14/13		3,000,000		3,371,940
4.000%, 9/6/13		120,000		130,901
2.500%, 10/15/13		400,000		400,272
3.625%, 10/18/13		5,000,000		5,425,940
5.500%, 8/13/14		3,000,000		3,496,152
5.375%, 5/18/16		2,100,000		2,506,638
4.750%, 12/16/16		5,025,000		5,846,040
4.875%, 5/17/17		2,130,000		2,495,738
5.250%, 6/5/17		950,000		1,125,757
5.000%, 11/17/17		4,040,000		4,785,586
5.500%, 7/15/36		860,000		1,052,060
Federal Home Loan Bank/Illinois
5.625%, 6/13/16		1,000,000		1,116,444
Federal Home Loan Mortgage Corp.
1.125%, 12/15/11		2,000,000		2,017,866
5.750%, 1/15/12		75,000		80,073
4.750%, 3/5/12		3,900,000		4,139,788
2.125%, 3/23/12		5,000,000		5,122,785
2.000%, 4/27/12		550,000		554,637
1.750%, 6/15/12		5,050,000		5,158,651
5.125%, 7/15/12		75,000		81,130
4.125%, 12/21/12		2,000,000		2,153,218
2.500%, 4/8/13		1,750,000		1,768,540
3.500%, 5/29/13		5,000,000		5,363,165
4.875%, 11/15/13		3,844,000		4,320,245
2.500%, 1/7/14		4,170,000		4,376,307
4.500%, 1/15/14		170,000		189,402
5.500%, 2/1/14		27,730		29,794
2.500%, 4/23/14		50,000		52,559
2.750%, 4/29/14		1,000,000		1,013,254
5.000%, 7/15/14		5,000,000		5,700,800
3.000%, 7/28/14		800,000		855,626
3.000%, 12/30/14		600,000		604,116
4.500%, 1/15/15		1,916,000		2,171,817
4.750%, 11/17/15		8,836,000		10,213,524
5.125%, 10/18/16		1,500,000		1,770,719
6.000%, 2/1/17		56,071		60,494
6.000%, 4/1/17		45,141		48,724
4.875%, 6/13/18		12,000,000		14,098,152
3.750%, 3/27/19		1,025,000		1,114,538
4.000%, 12/1/20		110,604		116,743

See Notes to Portfolio of Investments.

216

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
5.500%, 3/1/21	$	140,775	$	152,004
4.500%, 4/1/21		5,215,439		5,511,048
4.500%, 6/1/21		96,830		102,379
5.000%, 7/1/21		147,804		157,533
4.500%, 8/1/21		156,604		165,920
6.000%, 9/1/21		32,316		34,955
5.000%, 5/1/22		174,548		185,055
5.000%, 6/1/22		25,689		27,235
5.500%, 6/1/22		9,146		9,827
5.000%, 8/1/22		96,853		102,684
5.500%, 8/1/22		562,028		603,872
6.000%, 9/1/22		986,603		1,066,263
5.000%, 11/1/22		78,569		83,299
5.500%, 11/1/22		76,714		82,425
5.000%, 1/1/23		522,506		553,959
5.000%, 2/1/23		114,169		121,042
5.500%, 2/1/23		631,019		678,000
5.000%, 3/1/23		1,735,262		1,839,717
5.000%, 4/1/23		1,386,574		1,470,039
5.000%, 5/1/23		3,269,433		3,489,099
5.500%, 5/1/23		78,366		84,200
5.000%, 6/1/23		1,043,431		1,106,241
5.000%, 7/1/23		5,163,285		5,474,090
5.000%, 8/1/23		56,264		59,651
5.500%, 8/1/23		8,318,575		8,937,919
6.000%, 8/1/23		410,600		442,983
5.000%, 9/1/23		13,668		14,491
6.000%, 9/1/23		84,795		91,602
5.000%, 10/1/23		246,222		261,043
5.500%, 10/1/23		116,992		125,703
5.000%, 11/1/23		988,532		1,048,037
5.500%, 11/1/23		143,548		154,236
4.500%, 12/1/23		3,937,707		4,151,051
5.000%, 12/1/23		13,749		14,576
5.000%, 1/1/24		2,083,770		2,209,203
6.000%, 1/1/24		593,745		640,572
5.000%, 2/1/24		372,679		395,112
6.000%, 2/1/24		719,795		776,563
5.000%, 3/1/24		441,971		468,576
5.000%, 4/1/24		805,713		854,213
4.000%, 5/1/24		3,832,988		4,006,221
4.000%, 7/1/24		7,003,957		7,326,134
4.500%, 7/1/24		16,403,482		17,251,210
4.000%, 8/1/24		1,809,227		1,890,995
4.000%, 2/1/25		12,522,891		13,081,040
5.000%, 5/1/25		4,748,257		5,034,080
5.000%, 8/1/26		104,395		110,226
5.500%, 8/1/26		43,422		46,457
6.500%, 9/1/27		53,741		58,875
6.750%, 3/15/31		1,190,000		1,664,948
6.250%, 7/15/32		1,756,000		2,357,904
4.696%, 2/1/34(l)		86,488		90,772
5.000%, 4/1/34		607,482		643,053
5.000%, 6/1/34		5,253,252		5,560,855
5.000%, 10/1/34		3,337,726		3,530,558
4.776%, 1/1/35(l)		614,889		648,642
2.375%, 2/1/35(l)		140,853		146,683
6.000%, 2/1/35		328,637		357,457
5.000%, 5/1/35		8,235,877		8,711,691
3.022%, 8/1/35(l)		71,433		74,933
5.500%, 10/1/35		146,126		156,000
5.500%, 11/1/35		5,663,519		6,046,249
5.000%, 12/1/35		6,422,977		6,781,007
5.000%, 3/1/36		702,123		739,835
6.000%, 3/1/36		209,238		226,803
5.327%, 4/1/36(l)	$	600,522	$	634,030
5.535%, 4/1/36(l)		1,031,639		1,095,887
4.500%, 5/1/36		117,318		122,707
5.000%, 5/1/36		86,652		91,306
6.000%, 6/1/36		9,707,420		10,501,077
5.000%, 8/1/36		74,584		78,590
6.500%, 8/1/36		15,477,877		16,900,229
5.500%, 9/1/36		483,520		514,685
6.000%, 9/1/36		216,868		234,056
5.000%, 10/1/36		17,120,965		18,086,026
5.868%, 11/1/36(l)		418,593		440,903
6.000%, 11/1/36		2,638,832		2,847,980
6.500%, 11/1/36		106,181		115,936
5.500%, 12/1/36		261,300		278,141
6.500%, 12/1/36		65,562		71,504
5.500%, 1/1/37		2,557,718		2,720,173
5.529%, 1/1/37(l)		4,080,696		4,327,037
5.639%, 1/1/37(l)		999,418		1,058,447
5.500%, 4/1/37		3,770,976		4,032,280
6.000%, 4/1/37		24,325		26,162
5.500%, 5/1/37		66,336		70,549
5.752%, 5/1/37(l)		5,959,303		6,365,277
6.000%, 5/1/37		357,992		385,024
5.395%, 6/1/37(l)		378,399		404,177
5.448%, 6/1/37(l)		3,064,148		3,272,892
5.495%, 6/1/37(l)		395,561		422,508
6.000%, 6/1/37		1,066,988		1,163,225
5.421%, 7/1/37(l)		636,893		680,281
5.500%, 8/1/37		327,845		349,181
6.000%, 8/1/37		2,766,172		2,974,175
5.500%, 9/1/37		153,694		163,312
5.500%, 10/1/37		2,060,799		2,189,760
6.000%, 10/1/37		4,468,737		4,843,866
6.500%, 10/1/37		2,244,066		2,444,630
5.420%, 11/1/37(l)		3,534,019		3,732,615
6.000%, 11/1/37		320,661		344,720
6.500%, 11/1/37		418,517		455,661
5.500%, 12/1/37		1,200,117		1,274,510
5.231%, 1/1/38(l)		4,294,607		4,503,477
5.500%, 1/1/38		171,742		182,436
6.000%, 1/1/38		1,308,355		1,405,511
6.500%, 1/1/38		155,096		169,442
5.500%, 2/1/38		113,602		120,817
6.000%, 2/1/38		453,822		487,522
6.500%, 2/1/38		2,602,141		2,833,081
5.000%, 3/1/38		1,203,592		1,264,289
6.000%, 3/1/38		93,291		100,219
5.500%, 4/1/38		16,678,650		17,748,041
5.000%, 5/1/38		538,331		565,479
5.500%, 5/1/38		2,452,248		2,601,873
6.000%, 5/1/38		6,845,350		7,353,671
5.500%, 6/1/38		1,527,930		1,622,041
5.000%, 7/1/38		9,708,177		10,197,758
5.500%, 7/1/38		3,167,304		3,360,559
6.000%, 7/1/38		10,257,027		11,109,773
5.500%, 8/1/38		9,072,705		9,626,282
5.500%, 9/1/38		282,811		299,802
6.000%, 9/1/38		3,332,700		3,574,930
6.500%, 9/1/38		208,591		226,973
5.500%, 10/1/38		6,862,780		7,275,083
6.000%, 10/1/38		2,726,096		2,922,566
6.500%, 10/1/38		1,065,226		1,159,764
5.000%, 11/1/38		8,373,171		8,850,376
5.500%, 11/1/38		1,555,448		1,648,896
6.000%, 11/1/38		64,859		69,534

See Notes to Portfolio of Investments.

217

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
5.000%, 12/1/38	$	1,068,743	$	1,122,639
5.500%, 12/1/38		5,787,300		6,165,735
6.000%, 12/1/38		12,467,782		13,428,678
6.500%, 12/1/38		6,491,786		7,063,875
5.000%, 1/1/39		106,068		111,416
5.500%, 1/1/39		24,760,060		26,402,430
4.500%, 2/1/39		9,958,783		10,360,246
5.500%, 2/1/39		530,108		561,956
6.500%, 2/1/39		1,512,824		1,646,142
5.000%, 3/1/39		29,306,100		31,016,050
5.500%, 3/1/39		409,375		433,969
4.000%, 4/1/39		3,374,056		3,466,052
4.500%, 4/1/39		2,946,165		3,064,932
5.500%, 4/1/39		292,216		309,771
4.000%, 5/1/39		12,279,295		12,614,097
4.000%, 6/1/39		2,866,037		2,944,181
4.500%, 6/1/39		24,305,253		25,285,059
5.500%, 6/1/39		159,735		169,331
4.000%, 7/1/39		3,136,748		3,222,274
4.500%, 7/1/39		10,462,609		10,884,383
5.000%, 7/1/39		14,926,724		15,679,474
5.500%, 7/1/39		1,809,052		1,917,737
4.500%, 8/1/39		1,018,605		1,073,992
5.000%, 8/1/39		1,871,972		1,983,340
5.500%, 8/1/39		4,009,672		4,273,893
4.500%, 9/1/39		4,318,762		4,514,456
5.000%, 9/1/39		3,840,606		4,082,294
4.500%, 10/1/39		14,082,946		14,674,652
4.000%, 12/1/39		1,987,477		2,041,666
4.500%, 1/1/40		7,810,798		8,174,489
4.500%, 2/1/40		4,871,746		5,098,587
4.500%, 3/1/40		1,974,037		2,077,057
5.500%, 3/1/40		4,476,875		4,750,034
4.500%, 7/1/40		14,942,134		15,544,488
5.000%, 7/1/40		11,917,836		12,582,162
4.500%, 8/1/40		10,028,292		10,432,557
4.500%, 9/1/40		15,000,000		15,698,438
4.000%, 10/1/40		5,000,000		5,136,328
4.000%, 10/15/25 TBA		5,000,000		5,217,969
6.000%, 9/15/40 TBA		5,000,000		5,371,679
5.000%, 10/15/40 TBA		3,000,000		3,151,875
6.000%, 10/15/40 TBA		3,000,000		3,217,266
Federal National Mortgage Association
5.500%, 4/1/11		1,929		2,076
6.000%, 8/1/11		400,397		432,085
1.000%, 11/23/11		2,335,000		2,352,253
2.000%, 1/9/12		2,000,000		2,040,544
2.250%, 2/24/12		500,000		503,492
1.875%, 4/20/12		50,000		51,092
6.000%, 5/1/12		455,011		465,145
4.875%, 5/18/12		250,000		267,828
6.000%, 8/1/12		522,373		534,646
1.750%, 8/10/12		10,000,000		10,225,360
1.875%, 10/29/12		1,000,000		1,000,940
3.625%, 2/12/13		3,000,000		3,207,828
4.375%, 3/15/13		115,000		125,197
1.500%, 7/19/13		1,000,000		1,002,040
4.625%, 10/15/13		4,799,000		5,337,625
5.125%, 1/2/14		90,000		99,827
6.000%, 2/1/14		378,015		407,931
2.750%, 2/5/14		5,000,000		5,290,555
3.150%, 2/18/14		250,000		252,209
2.750%, 3/13/14		5,150,000		5,454,344
6.000%, 4/1/14		1,233,757		1,331,397
2.900%, 4/7/14		500,000		505,933
2.500%, 5/15/14	$	150,000	$	157,414
3.000%, 7/28/14		1,000,000		1,018,192
3.000%, 9/16/14		2,000,000		2,138,258
3.000%, 9/29/14		1,000,000		1,023,437
4.625%, 10/15/14		5,000,000		5,665,640
2.625%, 11/20/14		1,000,000		1,054,295
4.375%, 10/15/15		1,434,000		1,626,397
6.000%, 4/1/16		448,698		484,208
5.375%, 7/15/16		2,000,000		2,380,330
5.250%, 9/15/16		100,000		118,550
4.875%, 12/15/16		1,400,000		1,633,734
5.500%, 2/1/17		66,989		72,094
5.000%, 2/13/17		1,635,000		1,919,372
5.500%, 6/1/17		21,581		23,283
5.375%, 6/12/17		5,150,000		6,188,503
5.500%, 8/1/17		25,138		27,188
5.500%, 10/1/17		20,879		22,593
6.000%, 11/1/17		4,739,465		5,114,549
5.500%, 1/1/18		64,589		69,969
5.500%, 4/1/18		74,819		81,199
5.500%, 11/1/18		647,152		698,680
5.500%, 3/1/19		72,199		78,269
5.500%, 5/1/19		177,464		192,466
5.500%, 7/1/19		15,349		16,637
5.500%, 8/1/19		122,410		132,642
5.500%, 9/1/19		38,083		41,266
5.500%, 11/1/19		56,114		60,778
5.500%, 6/1/20		596,107		646,343
6.000%, 6/1/20		431,599		465,755
4.500%, 8/1/20		163,650		173,693
4.000%, 9/1/20		73,098		77,178
5.500%, 10/1/20		117,374		126,929
5.500%, 1/1/21		146,996		158,991
5.500%, 2/1/21		37,042		40,057
5.000%, 6/1/21		211,510		225,894
5.500%, 6/1/21		36,293		39,213
6.000%, 8/1/21		304,656		329,989
6.000%, 10/1/21		51,795		56,120
5.500%, 7/1/22		1,048,078		1,128,068
5.500%, 9/1/22		116,204		125,410
5.000%, 12/1/22		1,391,711		1,475,921
5.500%, 12/1/22		2,075,662		2,233,607
5.000%, 1/1/23		157,683		167,224
5.500%, 1/1/23		6,088,207		6,551,482
5.000%, 3/1/23		569,113		603,549
5.500%, 3/1/23		247,774		266,628
4.000%, 4/1/23		1,303,315		1,366,291
4.500%, 4/1/23		273,976		288,992
5.000%, 4/1/23		780,785		828,028
4.500%, 5/1/23		857,244		904,225
5.000%, 5/1/23		930,179		986,462
6.000%, 5/1/23		1,387,195		1,498,712
4.000%, 6/1/23		801,482		840,210
4.500%, 6/1/23		4,688,394		4,953,461
5.000%, 6/1/23		9,669,080		10,254,134
5.000%, 7/1/23		3,675,626		3,898,030
6.000%, 7/1/23		2,239,042		2,419,040
5.000%, 8/1/23		1,744,521		1,850,078
5.500%, 8/1/23		2,480,076		2,668,794
5.500%, 9/1/23		125,525		135,155
5.000%, 10/1/23		14,668		15,555
4.000%, 4/1/24		9,768,685		10,219,342
4.500%, 4/1/24		10,106,297		10,638,062
4.000%, 6/1/24		5,154,670		5,389,247
4.500%, 7/1/24		4,136,266		4,352,612

See Notes to Portfolio of Investments.

218

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
4.000%, 8/1/24	$	1,681,691	$	1,758,221
4.500%, 8/1/24		9,614,663		10,117,556
4.500%, 1/1/25		15,773,759		16,588,942
4.000%, 3/1/25		17,838,563		18,662,342
5.000%, 3/1/25		5,211,861		5,527,219
5.800%, 2/9/26		481,000		488,698
5.500%, 4/1/26		51,986		55,722
5.000%, 5/1/26		65,436		69,229
6.000%, 10/1/26		627,384		677,208
7.125%, 1/15/30		1,474,000		2,108,332
7.250%, 5/15/30		1,000,000		1,455,259
6.625%, 11/15/30		4,100,000		5,640,575
7.000%, 4/1/32		17,506		19,577
6.500%, 6/1/32		35,287		39,304
6.500%, 8/1/32		35,454		39,495
6.500%, 9/1/32		284,513		316,899
5.500%, 12/1/32		13,364		14,345
5.000%, 1/1/33		668,869		709,550
5.500%, 3/1/33		704,845		756,607
5.500%, 6/1/33		39,914		42,839
6.000%, 6/1/33		18,454		20,227
5.000%, 7/1/33		254,224		269,647
5.000%, 8/1/33		1,753,746		1,860,299
5.000%, 11/1/33		643,778		682,731
5.500%, 11/1/33		4,082,090		4,381,869
4.810%, 1/1/34(l)		2,700,728		2,822,475
5.000%, 2/1/34		376,647		399,378
6.000%, 2/1/34		649,611		712,035
5.000%, 3/1/34		1,042,095		1,105,150
5.000%, 4/1/34		713,982		757,072
5.000%, 5/1/34		767,032		813,324
4.172%, 6/1/34(l)		39,466		41,663
5.000%, 7/1/34		1,022,748		1,084,472
5.500%, 7/1/34		4,591,139		4,921,845
5.000%, 8/1/34		1,611,349		1,708,849
5.500%, 8/1/34		47,895		51,345
6.000%, 8/1/34		385,050		421,570
5.500%, 11/1/34		1,389,859		1,489,972
5.000%, 12/1/34		1,134,209		1,202,661
2.582%, 1/1/35(l)		91,531		96,063
5.000%, 2/1/35		232,127		245,701
6.500%, 2/1/35		338,859		374,043
5.000%, 3/1/35		283,617		300,468
5.000%, 4/1/35		13,399,060		14,182,592
6.000%, 4/1/35		2,152,100		2,361,594
5.000%, 5/1/35		1,896,201		2,007,084
5.500%, 5/1/35		30,165,454		32,310,031
5.000%, 6/1/35		3,040,131		3,216,007
5.000%, 7/1/35		5,948,016		6,306,988
5.500%, 8/1/35		2,540,154		2,719,676
3.130%, 9/1/35(l)		158,951		167,022
4.500%, 9/1/35		4,937,573		5,179,244
5.000%, 9/1/35		332,172		352,271
5.500%, 9/1/35		3,679,818		3,934,531
4.500%, 10/1/35		103,582		108,587
5.000%, 10/1/35		6,188,654		6,546,678
5.500%, 10/1/35		10,247,421		10,958,640
5.000%, 11/1/35		12,703,547		13,438,422
5.500%, 12/1/35		11,986,391		12,819,975
6.500%, 1/1/36		141,331		155,916
5.000%, 2/1/36		4,818,173		5,093,901
5.000%, 3/1/36		3,853,066		4,073,564
6.000%, 3/1/36		6,379,100		6,932,287
6.000%, 4/1/36		3,159,974		3,420,179
5.000%, 6/1/36		1,003,272		1,058,648
5.500%, 6/1/36	$	5,848,101	$	6,243,703
6.077%, 6/1/36(l)		59,452		62,243
5.000%, 7/1/36		10,775,063		11,369,796
5.500%, 7/1/36		770,198		823,992
6.000%, 7/1/36		452,445		488,570
7.000%, 7/1/36		21,866		24,102
6.500%, 8/1/36		1,506,613		1,650,846
6.000%, 9/1/36		7,366,564		7,958,890
6.500%, 9/1/36		5,818,692		6,382,704
6.000%, 10/1/36		2,678,568		2,893,189
6.500%, 10/1/36		1,035,509		1,137,199
6.000%, 11/1/36		834,929		901,592
6.000%, 12/1/36		1,491,109		1,610,419
6.500%, 12/1/36		686,487		750,899
6.000%, 1/1/37		444,331		478,975
5.000%, 2/1/37		254,293		267,653
5.500%, 2/1/37		136,365		146,977
6.000%, 2/1/37		3,481,766		3,753,236
5.500%, 4/1/37		146,391		158,056
6.000%, 4/1/37		1,943,159		2,099,522
7.000%, 4/1/37		895,988		987,617
5.500%, 5/1/37		101,652		109,547
6.000%, 6/1/37		310,780		334,587
5.000%, 7/1/37		856,230		901,215
5.500%, 7/1/37		360,045		388,679
6.500%, 7/1/37		2,929,128		3,203,963
5.625%, 7/15/37		491,000		603,753
5.500%, 8/1/37		3,578,724		3,808,660
6.000%, 8/1/37		5,617,021		6,044,441
6.500%, 8/1/37		131,452		143,457
5.000%, 9/1/37		119,764		126,056
5.838%, 9/1/37(l)		4,841,825		5,124,309
6.000%, 9/1/37		12,558,833		13,545,542
6.500%, 9/1/37		328,534		358,538
5.500%, 10/1/37		204,453		220,745
6.000%, 10/1/37		8,285,291		8,915,751
6.500%, 10/1/37		959,584		1,049,620
5.000%, 11/1/37		96,156		101,208
5.500%, 11/1/37		432,793		460,045
6.000%, 11/1/37		5,265,451		5,686,083
7.500%, 11/1/37		196,695		221,014
5.500%, 12/1/37		706,688		751,187
6.500%, 12/1/37		2,354,388		2,571,929
5.000%, 1/1/38		527,315		555,020
6.000%, 1/1/38		2,200,588		2,367,597
6.500%, 1/1/38		642,043		700,278
5.000%, 2/1/38		17,024,864		18,001,354
5.500%, 2/1/38		1,669,789		1,775,152
6.000%, 2/1/38		3,089,274		3,323,325
5.000%, 3/1/38		2,457,852		2,586,985
6.000%, 3/1/38		2,262,064		2,432,073
4.500%, 4/1/38		568,260		592,877
5.500%, 4/1/38		298,053		322,130
4.500%, 5/1/38		847,156		883,856
5.000%, 5/1/38		439,603		462,699
5.500%, 5/1/38		9,757,179		10,400,431
6.000%, 5/1/38		9,561,107		10,288,648
5.000%, 6/1/38		297,767		313,411
5.500%, 6/1/38		34,409,937		36,617,754
6.000%, 6/1/38		3,979,918		4,289,735
6.500%, 6/1/38		7,310,252		7,968,745
4.964%, 7/1/38(l)		5,661,043		5,981,586
5.500%, 7/1/38		9,567,807		10,169,313
6.000%, 7/1/38		376,543		407,648
6.000%, 8/1/38		1,234,488		1,343,618

See Notes to Portfolio of Investments.

219

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
5.500%, 9/1/38	$	2,128,866	$	2,277,705
6.000%, 9/1/38		5,899,003		6,333,292
6.500%, 9/1/38		201,138		220,765
6.000%, 10/1/38		5,032,285		5,402,948
4.000%, 11/1/38		377,104		388,167
6.000%, 11/1/38		711,958		765,466
6.500%, 11/1/38		1,852,416		2,033,171
5.500%, 12/1/38		4,464,775		4,829,631
4.500%, 1/1/39		43,015		44,825
5.000%, 1/1/39		8,889,228		9,400,706
6.000%, 1/1/39		705,514		757,435
4.000%, 2/1/39		3,686,717		3,796,598
4.500%, 2/1/39		7,198,619		7,501,467
5.343%, 2/1/39(l)		5,046,131		5,389,896
4.500%, 3/1/39		16,280,610		17,028,171
5.000%, 3/1/39		1,744,630		1,852,647
4.500%, 4/1/39		2,615,876		2,725,927
6.000%, 4/1/39		12,185		13,082
4.500%, 5/1/39		18,857,466		19,834,851
5.500%, 5/1/39		9,702,140		10,313,072
4.000%, 6/1/39		4,779,593		4,919,807
4.500%, 6/1/39		19,261,728		20,072,075
5.000%, 6/1/39		9,998,712		10,524,035
4.000%, 7/1/39		222,350		228,873
4.500%, 7/1/39		17,395,511		18,202,712
3.569%, 8/1/39(l)		13,457,945		14,058,714
4.000%, 8/1/39		19,909,659		20,493,727
5.000%, 8/1/39		13,540,414		14,251,816
4.000%, 9/1/39		7,760,452		7,988,112
4.000%, 1/1/40		1,935,629		1,992,412
4.500%, 1/1/40		9,665,146		10,183,515
4.000%, 2/1/40		1,970,967		2,028,787
4.500%, 2/1/40		20,069,633		21,111,870
4.500%, 3/1/40		11,321,250		11,928,440
4.000%, 5/1/40		1,988,479		2,047,110
4.500%, 5/1/40		4,916,381		5,141,650
5.000%, 7/1/40		8,006,525		8,427,180
4.000%, 10/25/25 TBA		5,000,000		5,219,531
4.000%, 10/25/40 TBA		2,000,000		2,056,250
4.500%, 10/25/40 TBA		8,000,000		8,332,500
5.000%, 10/25/40 TBA		8,000,000		8,422,500
5.500%, 10/25/40 TBA		5,000,000		5,314,453
Government National Mortgage Association
5.000%, 8/15/21		38,905		41,746
4.500%, 8/15/24		2,436,833		2,584,662
6.000%, 1/15/29		12,317		13,584
6.000%, 6/15/29		9,174		10,106
6.000%, 12/15/31		14,837		16,438
7.000%, 2/15/32		13,236		14,770
6.500%, 5/15/32		161,935		180,899
6.000%, 7/15/32		15,665		17,194
6.000%, 1/15/33		12,768		14,031
6.500%, 1/15/33		140,356		156,788
6.500%, 2/15/33		179,752		200,826
7.000%, 2/15/33		12,674		14,059
5.500%, 4/15/33		23,521		25,424
4.500%, 8/15/33		33,611		35,797
5.000%, 11/15/33		72,526		77,747
6.500%, 6/15/34		180,956		202,237
6.500%, 8/15/34		1,462,210		1,633,817
6.000%, 9/15/34		297,274		325,562
6.000%, 12/15/34		24,197		26,499
6.000%, 1/15/35		104,111		113,806
6.000%, 2/15/35		49,911		54,559
6.000%, 3/15/35		182,930		199,965
5.500%, 4/15/35	$	255,789	$	276,212
6.000%, 5/15/35		15,926		17,398
6.000%, 7/15/35		114,867		125,438
6.000%, 9/15/35		16,700		18,236
6.000%, 10/15/35		38,088		41,546
6.000%, 12/15/35		52,652		57,431
6.500%, 12/15/35		1,684,298		1,881,479
6.000%, 1/15/36		19,135		20,873
6.000%, 2/15/36		4,456		4,860
6.000%, 3/15/36		36,088		39,331
6.000%, 4/15/36		28,554		31,119
6.000%, 5/15/36		275,840		300,622
5.000%, 6/15/36		179,179		191,603
6.000%, 6/15/36		647,309		705,466
6.000%, 7/15/36		539,999		588,455
6.000%, 8/15/36		486,953		530,866
6.500%, 8/15/36		50,032		55,529
6.000%, 9/15/36		332,458		362,016
6.000%, 10/15/36		727,795		792,537
6.500%, 2/15/37		14,186		15,732
6.500%, 3/15/37		7,280		8,041
5.500%, 5/15/37		1,316,212		1,418,564
6.000%, 6/15/37		75,640		82,223
5.500%, 7/15/37		62,846		67,716
6.500%, 8/15/37		4,561		5,078
6.500%, 9/15/37		11,668		12,870
6.000%, 10/15/37		132,124		143,623
5.000%, 11/15/37		508,308		541,804
5.000%, 12/15/37		595,180		634,401
5.500%, 12/15/37		133,734		143,931
6.500%, 12/15/37		367,137		404,611
6.000%, 1/15/38		1,377,851		1,497,121
5.000%, 2/15/38		74,202		79,092
6.000%, 2/15/38		214,151		232,688
6.500%, 3/15/38		35,691		39,394
6.000%, 4/15/38		3,553,254		3,876,933
6.000%, 5/15/38		559,422		607,584
5.500%, 6/15/38		861,361		926,770
6.000%, 6/15/38		1,714,905		1,862,548
5.500%, 7/15/38		409,168		440,239
6.000%, 7/15/38		2,734,969		2,982,639
6.500%, 7/15/38		22,936		25,263
5.500%, 8/15/38		7,390,300		8,028,661
6.000%, 8/15/38		496,810		539,427
6.500%, 8/15/38		865,524		952,786
6.000%, 9/15/38		479,834		521,006
6.500%, 9/15/38		1,327,315		1,461,135
5.500%, 10/15/38		272,832		293,465
6.000%, 10/15/38		8,656,694		9,403,190
6.500%, 10/15/38		906,126		997,684
6.000%, 11/15/38		1,480,578		1,607,729
6.500%, 11/15/38		335,203		368,998
5.500%, 12/15/38		8,376,567		9,012,286
6.000%, 12/15/38		1,468,492		1,594,461
6.500%, 12/15/38		1,562,700		1,723,365
5.500%, 1/15/39		22,898,176		24,629,851
6.000%, 1/15/39		1,404,978		1,525,498
6.500%, 1/15/39		201,472		221,785
5.000%, 2/15/39		19,071,524		20,316,387
6.000%, 2/15/39		518,194		562,645
6.000%, 3/15/39		116,705		126,716
4.500%, 4/15/39		12,187,567		12,843,125
4.500%, 5/15/39		9,351,148		9,895,049
5.000%, 5/15/39		248,162		264,361
4.000%, 6/15/39		703,072		728,393

See Notes to Portfolio of Investments.

220

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
4.500%, 6/15/39	$	13,400,422	$	14,121,219
5.000%, 6/15/39		14,032,140		14,958,233
6.000%, 6/15/39		106,163		115,270
4.000%, 7/15/39		2,030,448		2,103,842
5.000%, 7/15/39		429,544		458,041
5.500%, 7/15/39		305,989		329,129
4.000%, 8/15/39		1,530,668		1,585,796
5.000%, 8/15/39		1,829,156		1,948,551
6.000%, 8/15/39		103,008		111,844
4.000%, 9/15/39		1,045,278		1,082,925
4.500%, 9/15/39		4,745,351		5,000,599
5.000%, 9/15/39		5,675,932		6,080,120
4.500%, 10/15/39		2,934,941		3,116,655
5.500%, 10/15/39		8,427,758		9,067,741
6.000%, 10/15/39		168,468		182,919
5.000%, 11/15/39		4,759,629		5,098,567
4.500%, 12/15/39		7,807,853		8,261,989
6.000%, 12/15/39		4,279,855		4,650,330
4.500%, 1/15/40		5,522,522		5,819,573
5.000%, 1/15/40		9,690,846		10,380,940
4.500%, 2/15/40		34,050,911		35,984,027
5.000%, 2/15/40		3,857,176		4,108,947
5.000%, 4/15/40		12,455,191		13,283,753
4.000%, 6/15/40		1,990,907		2,062,611
4.500%, 6/15/40		9,989,601		10,586,246
4.500%, 8/15/40		3,994,455		4,215,555
4.000%, 10/15/40 TBA		2,000,000		2,068,125
4.500%, 10/15/40 TBA		6,000,000		6,315,000
5.000%, 10/15/40 TBA		32,000,000		34,075,002
5.500%, 10/15/40 TBA		10,000,000		10,750,781

				2,041,970,700

*U.S. Treasuries (33.4%)*
U.S. Treasury Bonds
11.250%, 2/15/15		1,920,000		2,755,050
9.250%, 2/15/16		2,604,000		3,666,148
7.250%, 5/15/16		4,432,000		5,811,806
7.500%, 11/15/16		5,019,000		6,720,361
8.750%, 5/15/17		5,000,000		7,179,295
8.875%, 8/15/17		2,903,000		4,220,916
8.875%, 2/15/19		5,200,000		7,859,717
8.125%, 8/15/19		195,000		285,233
3.625%, 2/15/20		22,000,000		24,129,534
8.500%, 2/15/20		7,891,000		11,910,478
8.750%, 8/15/20		2,175,000		3,361,054
7.875%, 2/15/21		3,000,000		4,445,157
8.125%, 5/15/21		6,000,000		9,058,128
8.000%, 11/15/21		6,987,000		10,538,359
7.250%, 8/15/22		3,000,000		4,349,532
7.625%, 11/15/22		2,000,000		2,985,938
7.125%, 2/15/23		6,085,000		8,775,714
6.250%, 8/15/23		2,390,000		3,236,956
7.625%, 2/15/25		2,000,000		3,070,312
6.000%, 2/15/26		1,000,000		1,350,312
6.750%, 8/15/26		4,947,000		7,195,565
6.500%, 11/15/26		4,000,000		5,697,500
6.625%, 2/15/27		3,409,000		4,919,613
6.375%, 8/15/27		5,422,000		7,660,267
6.125%, 11/15/27		6,950,000		9,596,428
5.500%, 8/15/28		4,500,000		5,836,639
5.250%, 11/15/28		1,000,000		1,263,438
5.250%, 2/15/29		7,170,000		9,061,087
6.125%, 8/15/29		5,994,000		8,340,088
6.250%, 5/15/30		6,150,000		8,703,209
5.375%, 2/15/31		10,107,000		13,012,763
4.500%, 2/15/36	$	8,000,000	$	9,198,752
4.750%, 2/15/37		4,244,000		5,073,570
5.000%, 5/15/37		4,474,000		5,555,451
4.375%, 2/15/38		7,046,000		7,939,961
4.500%, 5/15/38		6,455,000		7,424,257
3.500%, 2/15/39		11,625,000		11,247,187
4.250%, 5/15/39		11,680,000		12,840,700
4.500%, 8/15/39		14,150,000		16,201,750
4.375%, 11/15/39		15,000,000		16,828,125
4.625%, 2/15/40		16,000,000		18,695,008
4.375%, 5/15/40		15,000,000		16,846,950
3.875%, 8/15/40		6,000,000		6,202,500
U.S. Treasury Notes
1.000%, 10/31/11		15,000,000		15,111,915
1.750%, 11/15/11		8,150,000		8,280,530
0.750%, 11/30/11		13,000,000		13,065,507
4.500%, 11/30/11		11,916,000		12,494,117
1.125%, 12/15/11		15,400,000		15,548,579
1.000%, 12/31/11		15,000,000		15,126,570
4.625%, 12/31/11		3,414,000		3,597,769
1.125%, 1/15/12		10,150,000		10,254,667
0.875%, 1/31/12		10,000,000		10,071,880
1.375%, 2/15/12		10,000,000		10,143,360
4.875%, 2/15/12		10,000,000		10,622,660
0.875%, 2/29/12		20,000,000		20,152,400
4.625%, 2/29/12		6,000,000		6,363,282
1.375%, 3/15/12		8,000,000		8,123,128
1.000%, 3/31/12		18,000,000		18,177,840
4.500%, 3/31/12		5,661,000		6,015,033
1.375%, 4/15/12		8,200,000		8,331,011
1.000%, 4/30/12		17,000,000		17,171,360
4.500%, 4/30/12		4,790,000		5,105,091
1.375%, 5/15/12		15,000,000		15,243,165
0.750%, 5/31/12		15,000,000		15,089,700
4.750%, 5/31/12		6,000,000		6,436,404
1.875%, 6/15/12		18,000,000		18,461,952
0.625%, 6/30/12		25,000,000		25,101,500
1.500%, 7/15/12		4,550,000		4,642,065
0.625%, 7/31/12		15,000,000		15,062,700
4.625%, 7/31/12		5,000,000		5,389,650
1.750%, 8/15/12		15,100,000		15,479,267
4.375%, 8/15/12		690,000		741,669
0.375%, 8/31/12		10,000,000		9,992,580
4.125%, 8/31/12		13,830,000		14,812,691
1.375%, 9/15/12		10,000,000		10,183,980
0.375%, 9/30/12		15,000,000		14,983,590
4.250%, 9/30/12		10,000,000		10,763,280
1.375%, 10/15/12		18,000,000		18,337,500
1.375%, 11/15/12		20,000,000		20,385,940
1.125%, 12/15/12		10,000,000		10,140,620
3.625%, 12/31/12		5,767,000		6,175,644
1.375%, 1/15/13		19,000,000		19,375,554
1.375%, 2/15/13		5,000,000		5,100,390
3.875%, 2/15/13		10,000,000		10,809,380
2.750%, 2/28/13		9,000,000		9,490,077
1.375%, 3/15/13		20,000,000		20,411,000
1.750%, 4/15/13		17,000,000		17,513,910
3.125%, 4/30/13		6,705,000		7,153,920
1.375%, 5/15/13		15,000,000		15,314,100
3.625%, 5/15/13		7,315,000		7,915,057
1.125%, 6/15/13		15,000,000		15,213,300
3.375%, 6/30/13		6,707,000		7,222,601
1.000%, 7/15/13		10,000,000		10,109,400
3.375%, 7/31/13		9,586,000		10,343,888
0.750%, 8/15/13		8,000,000		8,030,000

See Notes to Portfolio of Investments.

221

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
4.250%, 8/15/13	$	10,415,000	$	11,502,878
3.125%, 8/31/13		5,000,000		5,362,500
0.750%, 9/15/13		15,000,000		15,049,215
3.125%, 9/30/13		10,000,000		10,734,380
2.750%, 10/31/13		7,667,000		8,153,379
4.250%, 11/15/13		500,000		555,625
2.000%, 11/30/13		5,752,000		5,987,475
1.500%, 12/31/13		4,943,000		5,066,189
1.750%, 1/31/14		9,200,000		9,500,435
4.000%, 2/15/14		10,465,000		11,598,977
1.875%, 2/28/14		10,350,000		10,729,234
1.750%, 3/31/14		10,125,000		10,454,062
1.875%, 4/30/14		9,675,000		10,032,520
4.750%, 5/15/14		15,000,000		17,118,750
2.250%, 5/31/14		15,300,000		16,076,949
2.625%, 6/30/14		15,250,000		16,235,287
2.625%, 7/31/14		19,885,000		21,168,199
4.250%, 8/15/14		10,000,000		11,275,780
2.375%, 8/31/14		5,200,000		5,486,406
2.375%, 9/30/14		20,000,000		21,109,380
2.375%, 10/31/14		22,000,000		23,220,318
4.250%, 11/15/14		5,000,000		5,668,360
2.125%, 11/30/14		10,000,000		10,451,560
2.625%, 12/31/14		25,000,000		26,630,850
2.250%, 1/31/15		13,000,000		13,641,875
4.000%, 2/15/15		13,135,000		14,769,690
2.375%, 2/28/15		10,000,000		10,548,400
2.500%, 3/31/15		15,000,000		15,905,850
2.500%, 4/30/15		10,000,000		10,601,560
4.125%, 5/15/15		15,000,000		17,000,385
2.125%, 5/31/15		15,000,000		15,638,700
1.875%, 6/30/15		10,000,000		10,304,690
1.750%, 7/31/15		10,000,000		10,240,600
4.250%, 8/15/15		15,000,000		17,143,365
1.250%, 8/31/15		10,000,000		9,996,880
1.250%, 9/30/15		10,000,000		9,984,380
4.500%, 11/15/15		3,500,000		4,061,641
4.500%, 2/15/16		8,000,000		9,282,496
2.625%, 2/29/16		6,000,000		6,376,404
2.375%, 3/31/16		7,000,000		7,339,612
2.625%, 4/30/16		7,000,000		7,424,921
5.125%, 5/15/16		2,889,000		3,459,578
3.250%, 5/31/16		5,150,000		5,637,643
3.250%, 6/30/16		9,000,000		9,854,298
3.250%, 7/31/16		10,000,000		10,944,530
4.875%, 8/15/16		12,614,000		14,974,193
3.000%, 8/31/16		15,200,000		16,397,000
3.000%, 9/30/16		15,000,000		16,176,570
3.125%, 10/31/16		15,000,000		16,280,865
2.750%, 11/30/16		12,000,000		12,750,000
3.250%, 12/31/16		20,000,000		21,826,560
3.125%, 1/31/17		15,000,000		16,253,910
4.625%, 2/15/17		4,058,000		4,770,053
3.000%, 2/28/17		14,000,000		15,056,566
4.500%, 5/15/17		3,500,000		4,090,898
2.750%, 5/31/17		11,500,000		12,165,747
2.500%, 6/30/17		10,000,000		10,418,750
2.375%, 7/31/17		6,000,000		6,195,000
4.750%, 8/15/17		6,070,000		7,206,705
1.875%, 9/30/17		10,000,000		9,975,000
4.250%, 11/15/17		9,867,000		11,417,195
3.500%, 2/15/18		9,675,000		10,684,828
3.875%, 5/15/18		11,206,000		12,652,269
4.000%, 8/15/18		12,000,000		13,646,256
3.750%, 11/15/18		18,860,000		21,070,166
2.750%, 2/15/19	$	20,850,000	$	21,630,249
3.125%, 5/15/19		25,375,000		26,962,917
3.625%, 8/15/19		23,275,000		25,595,238
3.375%, 11/15/19		30,000,000		32,317,980
3.500%, 5/15/20		28,500,000		30,935,895
2.625%, 8/15/20		13,000,000		13,121,875

				1,870,132,872

Total Government Securities				4,219,517,903

Total Long-Term Debt Securities (99.2%) (Cost $5,260,796,043)				5,555,727,852


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (4.0%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $224,768,418)	$	224,768,418	$	224,768,418

Total Investments (103.2%) (Cost/Amortized Cost $5,485,564,461)				5,780,496,270
Other Assets Less Liabilities (-3.2%)				(179,122,918	)

Net Assets (100%)			$	5,601,373,352

†	Securities (totaling $0 or 0.0% of net assets) at fair value by management.

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2010, the market value of these securities amounted to $13,556,408 or 0.2% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied upon when determining liquidity.

(b)

Illiquid Security.

(h)

Security in default.

(l)

Floating Rate Security. Rate disclosed is as of September 30, 2010.

Glossary:

ABS — Asset-Backed Security

CMO — Collateralized Mortgage Obligation

TBA — Security is subject to delayed delivery.

See Notes to Portfolio of Investments.

222

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Asset-Backed and Mortgage-Backed Securities
Asset-Backed Securities	$	—	$	14,362,219	$	—	$	14,362,219
Non-Agency CMO		—		165,818,286		—		165,818,286
Corporate Bonds
Consumer Discretionary		—		78,058,144		—		78,058,144
Consumer Staples		—		82,954,955		—		82,954,955
Energy		—		101,062,124		—		101,062,124
Financials		—		481,105,321		—		481,105,321
Health Care		—		68,777,944		—		68,777,944
Industrials		—		72,223,786		—		72,223,786
Information Technology		—		40,934,045		—		40,934,045
Materials		—		56,204,304		—		56,204,304
Telecommunication Services		—		74,585,549		—		74,585,549
Utilities		—		100,123,272		—		100,123,272
Government Securities
Agency ABS		—		101,939,075		—		101,939,075
Foreign Governments		—		89,416,832		—		89,416,832
Municipal Bonds		—		31,522,112		—		31,522,112
Supranational		—		84,536,312		—		84,536,312
U.S. Government Agencies		—		2,041,970,700		—		2,041,970,700
U.S. Treasuries		—		1,870,132,872		—		1,870,132,872
Short-Term Investments		—		224,768,418		—		224,768,418

Total Assets	$	—	$	5,780,496,270	$	—	$	5,780,496,270

Total Liabilities	$	—	$	–	$	—	$	—

Total	$	—	$	5,780,496,270	$	—	$	5,780,496,270

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities-Financials
Balance as of 12/31/09	$	—
Total gains or losses (realized/unrealized) included in earnings		—
Purchases, sales, issuances, and settlements (net)		—
Transfers into Level 3		—
Transfers out of Level 3		—

Balance as of 9/30/10	$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	—

See Notes to Portfolio of Investments.

223

EQ ADVISORS TRUST

EQ/CORE BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	2,896,933,572
Long-term U.S. Treasury securities		894,954,530

	$	3,791,888,102


Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	2,373,528,390
Long-term U.S. Treasury securities		259,697,225

	$	2,633,225,615

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	321,140,482
Aggregate gross unrealized depreciation		(29,032,914	)

Net unrealized appreciation	$	292,107,568

Federal income tax cost of investments	$	5,488,388,702

See Notes to Portfolio of Investments.

224

EQ ADVISORS TRUST

EQ/DAVIS NEW YORK VENTURE PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (5.3%)
*Automobiles* (*0.9%*)
Harley-Davidson, Inc		123,020	$	3,498,689

*Household Durables* (*0.1%* )
Hunter Douglas N.V		13,143		528,378

*Internet & Catalog Retail* (*0.3%* )
Liberty Media Corp. - Interactive, Class A*		76,590		1,050,049

*Media* (*1.2%*)
Grupo Televisa S.A. (ADR)		82,600		1,562,792
Liberty Media Corp. - Starz*		5,939		385,322
News Corp., Class A		182,279		2,380,564
Walt Disney Co.		14,800		490,028

				4,818,706

*Specialty Retail* (*2.8%* )
Bed Bath & Beyond, Inc.*		154,220		6,694,690
CarMax, Inc.*		157,760		4,395,194

				11,089,884

Total Consumer Discretionary				20,985,706

Consumer Staples (16.2%)
*Beverages* (*4.2%* )
Coca-Cola Co.		127,600		7,467,152
Diageo plc (ADR)		74,225		5,122,267
Heineken Holding N.V		97,567		4,268,234

				16,857,653

*Food & Staples Retailing* (*7.4%*)
Costco Wholesale Corp.		254,390		16,405,611
CVS Caremark Corp.		418,670		13,175,545

				29,581,156

*Food Products* (*1.6%* )
Hershey Co.		28,380		1,350,604
Mead Johnson Nutrition Co.		23,010		1,309,499
Nestle S.A. (Registered)		39,200		2,088,353
Unilever N.V. (N.Y. Shares)		48,500		1,449,180

				6,197,636

*Household Products* (*1.8%*)
Procter & Gamble Co.		116,830		7,006,295

*Personal Products* (*0.2%*)
Natura Cosmeticos S.A		23,000		621,353

*Tobacco* (*1.0%*)
Philip Morris International, Inc.		74,390		4,167,328

Total Consumer Staples				64,431,421

Energy (14.1%)
*Energy Equipment & Services* (*0.8%*)
Schlumberger Ltd.		11,100		683,871
Transocean Ltd.*		36,994		2,378,344

				3,062,215

*Oil, Gas & Consumable Fuels* (*13.3%* )
Canadian Natural Resources Ltd.		275,290		9,525,034
China Coal Energy Co., Ltd., Class H		1,630,600		2,698,455
Devon Energy Corp.		179,560		11,624,714
EOG Resources, Inc.		143,370		13,329,109
Occidental Petroleum Corp.		165,990		12,997,017
OGX Petroleo e Gas
Participacoes S.A.*		210,000	$	2,732,979

				52,907,308

Total Energy				55,969,523

Financials (28.0%)
*Capital Markets* (*6.0%* )
Ameriprise Financial, Inc.		69,950		3,310,733
Bank of New York Mellon Corp.		531,470		13,887,311
Charles Schwab Corp.		14,000		194,600
GAM Holding Ltd.*		82,400		1,249,438
Goldman Sachs Group, Inc.		13,560		1,960,505
Julius Baer Group Ltd.		90,300		3,287,062

				23,889,649

*Commercial Banks* (*3.8%* )
Wells Fargo & Co.		600,127		15,081,191

*Consumer Finance* (*4.3%*)
American Express Co.		405,805		17,055,984

*Diversified Financial Services* (*0.9%*)
Bank of America Corp.		29,164		382,340
JPMorgan Chase & Co.		14,200		540,594
Moody’s Corp.		110,878		2,769,732

				3,692,666

*Insurance* (*11.8%*)
Aon Corp.		9,080		355,119
Berkshire Hathaway, Inc., Class B*		212,200		17,544,696
Everest Reinsurance Group Ltd.		7,475		646,363
Fairfax Financial Holdings Ltd.		5,650		2,300,415
Loews Corp.		307,321		11,647,466
Markel Corp.*		1,062		365,955
Progressive Corp.		490,939		10,245,897
Transatlantic Holdings, Inc.		77,893		3,958,522

				47,064,433

*Real Estate Management & Development* (*1.2%* )
Brookfield Asset Management, Inc., Class A		52,516		1,489,879
Hang Lung Group Ltd.		502,000		3,277,071

				4,766,950

Total Financials				111,550,873

Health Care (11.6%)
*Health Care Equipment & Supplies* (*1.7%*)
Baxter International, Inc.		68,500		3,268,135
Becton, Dickinson and Co.		47,400		3,512,340

				6,780,475

*Health Care Providers & Services* (*1.9%*)
Express Scripts, Inc.*		152,760		7,439,412

*Pharmaceuticals* (*8.0%* )
Johnson & Johnson		154,440		9,569,102
Merck & Co., Inc.		294,638		10,845,625
Pfizer, Inc.		427,900		7,347,043
Roche Holding AG		30,700		4,192,683

				31,954,453

Total Health Care				46,174,340

Industrials (4.8%)
*Aerospace & Defense* (*0.3%* )
Lockheed Martin Corp.		17,850		1,272,348

See Notes to Portfolio of Investments.

225

EQ ADVISORS TRUST

EQ/DAVIS NEW YORK VENTURE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Commercial Services & Supplies* (*1.3%*)
Iron Mountain, Inc.		239,136	$	5,342,298

*Electrical Equipment* (*0.4%*)
ABB Ltd. (ADR)*		75,930		1,603,642

*Industrial Conglomerates* (*0.8%*)
Tyco International Ltd.		82,067		3,014,321

*Marine* (*0.9%*)
China Shipping Development Co., Ltd., Class H		879,000		1,209,937
Kuehne + Nagel International AG (Registered)		19,551		2,347,751

				3,557,688

*Transportation Infrastructure* (*1.1%*)
China Merchants Holdings International Co., Ltd.		1,133,158		4,118,530
LLX Logistica S.A.*		48,300		263,195

				4,381,725

Total Industrials				19,172,022

Information Technology (7.0%)
*Computers & Peripherals* (*0.9%*)
Hewlett-Packard Co.		86,840		3,653,359

*Electronic Equipment, Instruments & Components* (*0.9%*)
Agilent Technologies, Inc.*		110,462		3,686,117

*Internet Software & Services* (*1.2%*)
Google, Inc., Class A*		9,285		4,881,960

*IT Services* (*0.3%*)
Visa, Inc., Class A		13,220		981,717

*Semiconductors & Semiconductor Equipment* (*1.9%*)
Texas Instruments, Inc.		279,500		7,585,630

*Software* (*1.8%*)
Activision Blizzard, Inc.		181,900		1,968,158
Microsoft Corp.		203,861		4,992,556

				6,960,714

Total Information Technology				27,749,497

Materials (6.1%)
*Chemicals* (*1.7%*)
Air Products & Chemicals, Inc.		7,640		632,745
Monsanto Co.		51,680		2,477,022
Potash Corp. of Saskatchewan, Inc.		15,323		2,207,125
Praxair, Inc.		16,600		1,498,316

				6,815,208

*Construction Materials* (*0.5%*)
Martin Marietta Materials, Inc.		14,520		1,117,605
Vulcan Materials Co.		27,345		1,009,577

				2,127,182

*Containers & Packaging* (*1.9%*)
Sealed Air Corp.		337,322		7,582,999

*Metals & Mining* (*0.9%*)
BHP Billiton plc		51,550		1,639,843
Rio Tinto plc		33,138		1,937,022

				3,576,865

*Paper & Forest Products* (*1.1%*)
Sino-Forest Corp.*		250,500	$	4,172,971
Sino-Forest Corp. (ADR)*§		6,800		113,278

				4,286,249

Total Materials				24,388,503

Telecommunication Services (0.4%)
*Wireless Telecommunication Services* (*0.4%*)
America Movil S.A.B. de C.V. (ADR)		30,900		1,647,897

Total Telecommunication Services				1,647,897

Total Common Stocks (93.5%) (Cost $331,628,746)				372,069,782


	Principal Amount		Value (Note 1)
LONG-TERM DEBT SECURITIES:
Convertible Bond (0.5%)
Materials (0.5%)
*Paper & Forest Products* (*0.5%*)
Sino-Forest Corp.
5.000%, 8/1/13(b)§	$	1,664,000		1,872,000

Total Materials				1,872,000

Total Convertible Bonds				1,872,000

Corporate Bond (2.0%)
Consumer Discretionary (2.0%)
*Automobiles* (*2.0%*)
Harley-Davidson, Inc.
15.000%, 2/1/14	$	6,000,000		7,950,840

Total Consumer Discretionary				7,950,840

Total Corporate Bonds				7,950,840

Total Long-Term Debt Securities (2.5%) (Cost $7,664,000)				9,822,840

SHORT-TERM INVESTMENT:
Commercial Paper (4.0%)
Societe Generale North America, Inc.
0.22%, 10/1/10 (p)
(Cost $16,098,000)	$	16,098,000		16,097,902

Total Investments (100.0%) (Cost $355,390,746)				397,990,524
Other Assets Less Liabilities (0.0%)				34,703

Net Assets (100%)			$	398,025,227

See Notes to Portfolio of Investments.

226

EQ ADVISORS TRUST

EQ/DAVIS NEW YORK VENTURE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

*	Non-income producing.

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2010, the market value of these securities amounted to $1,985,278 or 0.5% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied upon when determining liquidity.

(b)

Illiquid Security.

(p)

Yield to maturity.

Glossary:

ADR — American Depositary Receipt

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	20,457,328	$	528,378	$	—	$	20,985,706
Consumer Staples		58,074,834		6,356,587		—		64,431,421
Energy		53,271,068		2,698,455		—		55,969,523
Financials		103,737,302		7,813,571		—		111,550,873
Health Care		41,981,657		4,192,683		—		46,174,340
Industrials		11,495,804		7,676,218		—		19,172,022
Information Technology		27,749,497		—		—		27,749,497
Materials		20,811,638		3,576,865		—		24,388,503
Telecommunication Services		1,647,897		—		—		1,647,897
Convertible Bonds
Materials		—		1,872,000		—		1,872,000
Corporate Bonds
Consumer Discretionary		—		7,950,840		—		7,950,840
Short-Term Investments		—		16,097,902		—		16,097,902

Total Assets	$	339,227,025	$	58,763,499	$	—	$	397,990,524

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	339,227,025	$	58,763,499	$	—	$	397,990,524

See Notes to Portfolio of Investments.

227

EQ ADVISORS TRUST

EQ/DAVIS NEW YORK VENTURE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	47,774,043
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	52,189,551

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	41,390,676
Aggregate gross unrealized depreciation		(15,367,150	)

Net unrealized appreciation	$	26,023,526

Federal income tax cost of investments	$	371,966,998

See Notes to Portfolio of Investments.

228

EQ ADVISORS TRUST

EQ/EQUITY 500 INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (10.3%)
*Auto Components* (*0.2%*)
Goodyear Tire & Rubber Co.*		63,950	$	687,462
Johnson Controls, Inc.		177,500		5,413,750

				6,101,212

*Automobiles* (*0.5%*)
Ford Motor Co.*		906,583		11,096,576
Harley-Davidson, Inc.		62,050		1,764,702

				12,861,278

*Distributors* (*0.1%*)
Genuine Parts Co.		41,500		1,850,485

*Diversified Consumer Services* (*0.1%*)
Apollo Group, Inc., Class A*		33,450		1,717,658
DeVry, Inc.		16,580		815,902
H&R Block, Inc.		81,250		1,052,187

				3,585,747

*Hotels, Restaurants & Leisure* (*1.7%*)
Carnival Corp.		114,600		4,378,866
Darden Restaurants, Inc.		36,450		1,559,331
International Game Technology		78,500		1,134,325
Marriott International, Inc., Class A		75,527		2,706,132
McDonald’s Corp.		280,600		20,907,506
Starbucks Corp.		195,100		4,990,658
Starwood Hotels & Resorts Worldwide, Inc.		50,100		2,632,755
Wyndham Worldwide Corp.		47,045		1,292,326
Wynn Resorts Ltd.		19,879		1,724,901
Yum! Brands, Inc.		123,080		5,669,065

				46,995,865

*Household Durables* (*0.4%*)
D.R. Horton, Inc.		73,750		820,100
Fortune Brands, Inc.		40,150		1,976,585
Harman International Industries, Inc.*		18,300		611,403
Leggett & Platt, Inc.		38,550		877,398
Lennar Corp., Class A		41,900		644,422
Newell Rubbermaid, Inc.		73,276		1,305,046
Pulte Group, Inc.*		88,707		777,073
Stanley Black & Decker, Inc.		43,696		2,677,691
Whirlpool Corp.		20,066		1,624,543

				11,314,261

*Internet & Catalog Retail* (*0.8%*)
Amazon.com, Inc.*		93,250		14,645,845
Expedia, Inc.		54,719		1,543,623
priceline.com, Inc.*		12,806		4,460,842

				20,650,310

*Leisure Equipment & Products* (*0.1%*)
Eastman Kodak Co.*		70,800		297,360
Hasbro, Inc.		36,808		1,638,324
Mattel, Inc.		94,750		2,222,835

				4,158,519

*Media* (*3.0%*)
CBS Corp., Class B		179,400		2,845,284
Comcast Corp., Class A		739,750		13,374,680
DIRECTV, Class A*		228,510		9,512,871
Discovery Communications, Inc., Class A*		75,016		3,266,947
Gannett Co., Inc.		62,850		768,656
Interpublic Group of Cos., Inc.*		128,826		1,292,125
McGraw-Hill Cos., Inc.		81,500		2,694,390
Meredith Corp.		9,550		318,110
New York Times Co., Class A*		31,150		241,101
News Corp., Class A		601,100	$	7,850,366
Omnicom Group, Inc.		79,400		3,134,712
Scripps Networks Interactive, Inc., Class A		23,661		1,125,790
Time Warner Cable, Inc.		93,697		5,058,701
Time Warner, Inc.		296,400		9,084,660
Viacom, Inc., Class B		160,300		5,801,257
Walt Disney Co.		504,200		16,694,062
Washington Post Co., Class B		1,650		659,027

				83,722,739

*Multiline Retail* (*0.9%*)
Big Lots, Inc.*		19,850		660,013
Family Dollar Stores, Inc.		34,950		1,543,392
J.C. Penney Co., Inc.		62,250		1,691,955
Kohl’s Corp.*		81,200		4,277,616
Macy’s, Inc.		111,372		2,571,579
Nordstrom, Inc.		44,500		1,655,400
Sears Holdings Corp.*		11,662		841,297
Target Corp.		190,200		10,164,288

				23,405,540

*Specialty Retail* (*2.0%*)
Abercrombie & Fitch Co., Class A		23,234		913,561
AutoNation, Inc.*		16,539		384,532
AutoZone, Inc.*		7,600		1,739,716
Bed Bath & Beyond, Inc.*		69,550		3,019,165
Best Buy Co., Inc.		91,175		3,722,675
CarMax, Inc.*		58,946		1,642,236
GameStop Corp., Class A*		39,613		780,772
Gap, Inc.		115,775		2,158,046
Home Depot, Inc.		439,008		13,907,773
Limited Brands, Inc.		69,707		1,866,753
Lowe’s Cos., Inc.		369,850		8,243,957
Office Depot, Inc.*		72,650		334,190
O’Reilly Automotive, Inc.*		36,614		1,947,865
RadioShack Corp.		33,050		704,956
Ross Stores, Inc.		31,800		1,736,916
Staples, Inc.		192,425		4,025,531
Tiffany & Co.		33,300		1,564,767
TJX Cos., Inc.		105,600		4,712,928
Urban Outfitters, Inc.*		33,908		1,066,068

				54,472,407

*Textiles, Apparel & Luxury Goods* (*0.5%*)
Coach, Inc.		78,350		3,365,916
NIKE, Inc., Class B		101,850		8,162,259
Polo Ralph Lauren Corp.		17,250		1,550,085
VF Corp.		22,800		1,847,256

				14,925,516

Total Consumer Discretionary				284,043,879

Consumer Staples (11.2%)
*Beverages* (*2.7%*)
Brown-Forman Corp., Class B		27,350		1,685,854
Coca-Cola Co.		608,833		35,628,907
Coca-Cola Enterprises, Inc.		87,450		2,710,950
Constellation Brands, Inc., Class A*		.46,650		825,239
Dr. Pepper Snapple Group, Inc.		62,925		2,235,096
Molson Coors Brewing Co., Class B		.41,700		1,969,074
PepsiCo, Inc.		419,353		27,861,813

				72,916,933

*Food & Staples Retailing* (*2.5%*)
Costco Wholesale Corp.		115,750		7,464,718
CVS Caremark Corp.		358,045		11,267,676
Kroger Co.		169,200		3,664,872

See Notes to Portfolio of Investments.

229

EQ ADVISORS TRUST

EQ/EQUITY 500 INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Safeway, Inc.		100,550	$	2,127,638
SUPERVALU, Inc.		55,879		644,285
Sysco Corp.		155,100		4,423,452
Walgreen Co.		256,550		8,594,425
Wal-Mart Stores, Inc.		527,297		28,220,935
Whole Foods Market, Inc.*		38,450		1,426,879

				67,834,880

*Food Products* (*1.8%*)
Archer-Daniels-Midland Co.		168,516		5,379,031
Campbell Soup Co.		51,000		1,823,250
ConAgra Foods, Inc.		115,850		2,541,749
Dean Foods Co.*		47,960		489,671
General Mills, Inc.		169,300		6,186,222
H.J. Heinz Co.		83,900		3,974,343
Hershey Co.		40,700		1,936,913
Hormel Foods Corp.		18,229		813,013
J.M. Smucker Co.		31,547		1,909,540
Kellogg Co.		68,700		3,470,037
Kraft Foods, Inc., Class A		459,731		14,187,299
McCormick & Co., Inc. (Non-Voting)		35,100		1,475,604
Mead Johnson Nutrition Co.		53,900		3,067,449
Sara Lee Corp.		174,500		2,343,535
Tyson Foods, Inc., Class A		78,550		1,258,371

				50,856,027

*Household Products* (*2.3%*)
Clorox Co.		36,650		2,446,754
Colgate-Palmolive Co.		128,100		9,845,766
Kimberly-Clark Corp.		107,894		7,018,505
Procter & Gamble Co.		748,305		44,875,851

				64,186,876

*Personal Products* (*0.2%*)
Avon Products, Inc.		113,050		3,630,036
Estee Lauder Cos., Inc., Class A		30,100		1,903,223

				5,533,259

*Tobacco* (*1.7%*)
Altria Group, Inc.		549,300		13,194,186
Lorillard, Inc.		39,974		3,210,312
Philip Morris International, Inc.		483,200		27,068,864
Reynolds American, Inc.		44,600		2,648,794

				46,122,156

Total Consumer Staples				307,450,131

Energy (10.9%)
*Energy Equipment & Services* (*1.8%*)
Baker Hughes, Inc.		113,657		4,841,788
Cameron International Corp.*		63,824		2,741,879
Diamond Offshore Drilling, Inc.		18,347		1,243,376
FMC Technologies, Inc.*		31,680		2,163,427
Halliburton Co.		240,050		7,938,454
Helmerich & Payne, Inc.		27,919		1,129,603
Nabors Industries Ltd.*		75,200		1,358,112
National Oilwell Varco, Inc.		110,497		4,913,802
Rowan Cos., Inc.*		30,200		916,872
Schlumberger Ltd.		360,238		22,194,263

				49,441,576

*Oil, Gas & Consumable Fuels* (*9.1%*)
Anadarko Petroleum Corp.		130,494		7,444,683
Apache Corp.		96,030		9,387,893
Cabot Oil & Gas Corp.		27,384		824,532
Chesapeake Energy Corp.		172,400		3,904,860
Chevron Corp.		530,034		42,959,256
ConocoPhillips		391,084		22,459,954
Consol Energy, Inc.		59,500		2,199,120
Denbury Resources, Inc.*		105,252		1,672,454
Devon Energy Corp.		114,700	$	7,425,678
El Paso Corp.		185,496		2,296,440
EOG Resources, Inc.		66,800		6,210,396
EQT Corp.		39,267		1,415,968
Exxon Mobil Corp.#		1,342,235		82,936,701
Hess Corp.		77,050		4,555,196
Marathon Oil Corp.		187,014		6,190,163
Massey Energy Co.		26,906		834,624
Murphy Oil Corp.		50,600		3,133,152
Noble Energy, Inc.		46,053		3,458,120
Occidental Petroleum Corp.		214,100		16,764,030
Peabody Energy Corp.		70,950		3,477,260
Pioneer Natural Resources Co.		30,629		1,991,804
QEP Resources, Inc.		46,139		1,390,629
Range Resources Corp.		42,169		1,607,904
Southwestern Energy Co.*		91,243		3,051,166
Spectra Energy Corp.		170,756		3,850,548
Sunoco, Inc.		31,800		1,160,700
Tesoro Corp.		37,554		501,721
Valero Energy Corp.		149,235		2,613,105
Williams Cos., Inc.		154,100		2,944,851

				248,662,908

Total Energy				298,104,484

Financials (15.4%)
*Capital Markets* (*2.4%*)
Ameriprise Financial, Inc.		66,157		3,131,211
Bank of New York Mellon Corp.		320,019		8,362,096
Charles Schwab Corp.		261,205		3,630,750
ETRADE Financial Corp.		52,290		760,297
Federated Investors, Inc., Class B		24,151		549,677
Franklin Resources, Inc.		38,617		4,128,157
Goldman Sachs Group, Inc.		135,992		19,661,723
Invesco Ltd.		123,351		2,618,742
Janus Capital Group, Inc.		48,332		529,235
Legg Mason, Inc.		40,663		1,232,496
Morgan Stanley		368,213		9,087,497
Northern Trust Corp.		63,800		3,077,712
State Street Corp.		132,320		4,983,171
T. Rowe Price Group, Inc.		67,586		3,383,693

				65,136,457

*Commercial Banks* (*2.7%*)
BB&T Corp.		182,650		4,398,212
Comerica, Inc.		46,450		1,725,617
Fifth Third Bancorp		209,917		2,525,302
First Horizon National Corp.*		62,299		710,828
Huntington Bancshares, Inc./Ohio		188,888		1,070,995
KeyCorp.		232,050		1,847,118
M&T Bank Corp.		22,650		1,852,996
Marshall & Ilsley Corp.		139,050		978,912
PNC Financial Services Group, Inc.		138,479		7,188,445
Regions Financial Corp.		331,002		2,406,385
SunTrust Banks, Inc.		131,700		3,401,811
U.S. Bancorp		505,295		10,924,478
Wells Fargo & Co.		1,379,553		34,668,167
Zions Bancorp		45,600		974,016

				74,673,282

*Consumer Finance* (*0.7%*)
American Express Co.		275,910		11,596,497
Capital One Financial Corp.		120,406		4,762,057
Discover Financial Services		143,371		2,391,428
SLM Corp.*		127,992		1,478,308

				20,228,290

See Notes to Portfolio of Investments.

230

EQ ADVISORS TRUST

EQ/EQUITY 500 INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Diversified Financial Services* (*4.0%*)
Bank of America Corp.		2,644,974	$	34,675,609
Citigroup, Inc.*		6,262,868		24,425,185
CME Group, Inc.		17,723		4,615,955
InterContinentalExchange, Inc.*		19,547		2,046,962
JPMorgan Chase & Co.		1,045,241		39,792,325
Leucadia National Corp.*		51,942		1,226,870
Moody’s Corp.		53,676		1,340,827
NASDAQ OMX Group, Inc.*		37,923		736,844
NYSE Euronext		68,621		1,960,502

				110,821,079

*Insurance* (*4.0%*)
ACE Ltd.		89,327		5,203,298
Aflac, Inc.		124,100		6,417,211
Allstate Corp.		141,776		4,473,033
American International Group, Inc.*		35,566		1,390,631
Aon Corp.		71,125		2,781,699
Assurant, Inc.		28,080		1,142,856
Berkshire Hathaway, Inc., Class B*		456,082		37,708,860
Chubb Corp.		82,900		4,724,471
Cincinnati Financial Corp.		42,863		1,236,598
Genworth Financial, Inc., Class A*		128,970		1,576,013
Hartford Financial Services Group, Inc.		117,100		2,687,445
Lincoln National Corp.		83,428		1,995,598
Loews Corp.		83,797		3,175,906
Marsh & McLennan Cos., Inc.		142,950		3,447,954
MetLife, Inc.		239,039		9,191,050
Principal Financial Group, Inc.		84,400		2,187,648
Progressive Corp.		175,950		3,672,076
Prudential Financial, Inc.		123,100		6,669,558
Torchmark Corp.		21,350		1,134,539
Travelers Cos., Inc.		123,874		6,453,835
Unum Group		86,070		1,906,450
XL Group plc		90,100		1,951,566

				111,128,295

*Real Estate Investment Trusts (REITs)* (*1.4%*)
Apartment Investment & Management Co (REIT), Class A		30,763		657,713
AvalonBay Communities, Inc. (REIT)		22,444		2,332,605
Boston Properties, Inc. (REIT)		36,800		3,058,816
Equity Residential (REIT)		74,700		3,553,479
HCP, Inc. (REIT)		81,668		2,938,414
Health Care REIT, Inc.		34,943		1,654,201
Host Hotels & Resorts, Inc. (REIT)		173,489		2,512,121
Kimco Realty Corp. (REIT)		106,970		1,684,777
Plum Creek Timber Co., Inc. (REIT)		42,550		1,502,015
ProLogis (REIT)		125,650		1,480,157
Public Storage (REIT)		36,800		3,571,072
Simon Property Group, Inc. (REIT)		77,205		7,159,992
Ventas, Inc. (REIT)		41,440		2,137,061
Vornado Realty Trust (REIT)		42,805		3,661,112

				37,903,535

*Real Estate Management & Development* (*0.1%*)
CB Richard Ellis Group, Inc., Class A*		76,250		1,393,850

*Thrifts & Mortgage Finance* (*0.1%*)
Hudson City Bancorp., Inc.		138,814		1,701,860
People’s United Financial, Inc.		97,693		1,278,801

				2,980,661

Total Financials				424,265,449

Health Care (11.5%)
*Biotechnology* (*1.4%*)
Amgen, Inc.*		252,654	$	13,923,762
Biogen Idec, Inc.*		63,789		3,579,839
Celgene Corp.*		121,100		6,976,571
Cephalon, Inc.*		19,793		1,235,875
Genzyme Corp.*		67,150		4,753,548
Gilead Sciences, Inc.*		221,100		7,873,371

				38,342,966

*Health Care Equipment & Supplies* (*1.7%*)
Baxter International, Inc.		154,000		7,347,340
Becton, Dickinson and Co.		61,200		4,534,920
Boston Scientific Corp.*		399,856		2,451,117
C.R. Bard, Inc.		24,750		2,015,393
CareFusion Corp.*		50,387		1,251,613
DENTSPLY International, Inc.		37,630		1,203,031
Hospira, Inc.*		44,110		2,514,711
Intuitive Surgical, Inc.*		10,463		2,968,772
Medtronic, Inc.		284,600		9,556,868
St. Jude Medical, Inc.*		86,322		3,395,907
Stryker Corp.		89,950		4,501,997
Varian Medical Systems, Inc.*		32,038		1,938,299
Zimmer Holdings, Inc.*		52,950		2,770,874

				46,450,842

*Health Care Providers & Services* (*2.0%*)
Aetna, Inc.		110,022		3,477,795
AmerisourceBergen Corp.		73,500		2,253,510
Cardinal Health, Inc.		92,575		3,058,678
CIGNA Corp.		71,750		2,567,215
Coventry Health Care, Inc.*		39,050		840,747
DaVita, Inc.*		27,094		1,870,299
Express Scripts, Inc.*		143,000		6,964,100
Humana, Inc.*		44,650		2,243,216
Laboratory Corp. of America Holdings*		27,100		2,125,453
McKesson Corp.		68,931		4,258,557
MedCo Health Solutions, Inc.*		114,272		5,949,000
Patterson Cos., Inc.		25,500		730,575
Quest Diagnostics, Inc.		38,750		1,955,713
Tenet Healthcare Corp.*		127,900		603,688
UnitedHealth Group, Inc.		296,300		10,403,093
WellPoint, Inc.*		105,350		5,967,024

				55,268,663

*Health Care Technology* (*0.0%*)
Cerner Corp.*		18,723		1,572,545

*Life Sciences Tools & Services* (*0.4%*)
Life Technologies Corp.*		48,306		2,255,407
PerkinElmer, Inc.		31,000		717,340
Thermo Fisher Scientific, Inc.*		107,400		5,142,312
Waters Corp.*		24,300		1,719,954

				9,835,013

*Pharmaceuticals* (*6.0%*)
Abbott Laboratories, Inc.		407,050		21,264,292
Allergan, Inc.		81,100		5,395,583
Bristol-Myers Squibb Co.		451,973		12,252,988
Eli Lilly and Co.		267,460		9,770,314
Forest Laboratories, Inc.*		75,200		2,325,936
Johnson & Johnson		726,160		44,992,874
King Pharmaceuticals, Inc.*		65,810		655,468
Merck & Co., Inc.		811,217		29,860,898
Mylan, Inc.*		81,550		1,533,955
Pfizer, Inc.		2,118,894		36,381,410

See Notes to Portfolio of Investments.

231

EQ ADVISORS TRUST

EQ/EQUITY 500 INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Watson Pharmaceuticals, Inc.*		28,350	$	1,199,488

				165,633,206

Total Health Care				317,103,235

Industrials (10.7%)
*Aerospace & Defense* (*2.7%*)
Boeing Co.		192,874		12,833,836
General Dynamics Corp.		100,300		6,299,843
Goodrich Corp.		33,050		2,436,777
Honeywell International, Inc.		203,512		8,942,317
ITT Corp.		48,300		2,261,889
L-3 Communications Holdings, Inc.		30,200		2,182,554
Lockheed Martin Corp.		78,408		5,588,922
Northrop Grumman Corp.		77,570		4,703,069
Precision Castparts Corp.		37,550		4,781,993
Raytheon Co.		98,650		4,509,291
Rockwell Collins, Inc.		41,450		2,414,463
United Technologies Corp.		244,900		17,444,227

				74,399,181

*Air Freight & Logistics* (*1.1%*)
C.H. Robinson Worldwide, Inc.		43,752		3,059,140
Expeditors International of Washington, Inc.		55,948		2,586,476
FedEx Corp.		82,910		7,088,805
United Parcel Service, Inc., Class B		261,150		17,416,093

				30,150,514

*Airlines* (*0.1%*)
Southwest Airlines Co.		196,618		2,569,797

*Building Products* (*0.0%*)
Masco Corp.		94,450		1,039,894

*Commercial Services & Supplies* (*0.5%*)
Avery Dennison Corp.		29,000		1,076,480
Cintas Corp.		35,050		965,628
Iron Mountain, Inc.		53,097		1,186,187
Pitney Bowes, Inc.		54,400		1,163,072
R.R. Donnelley & Sons Co.		54,300		920,928
Republic Services, Inc.		80,701		2,460,574
Stericycle, Inc.*		22,515		1,564,342
Waste Management, Inc.		125,856		4,498,093

				13,835,304

*Construction & Engineering (0.2%)*
Fluor Corp.		47,100		2,332,863
Jacobs Engineering Group, Inc.*		33,114		1,281,512
Quanta Services, Inc.*		55,600		1,060,848

				4,675,223

*Electrical Equipment* (*0.5%*)
Emerson Electric Co.		198,300		10,442,478
Rockwell Automation, Inc.		37,450		2,311,788
Roper Industries, Inc.		24,855		1,620,049

				14,374,315

*Industrial Conglomerates* (*2.5%*)
3M Co.		188,000		16,301,480
General Electric Co.		2,818,283		45,797,099
Textron, Inc.		72,200		1,484,432
Tyco International Ltd.		131,136		4,816,625

				68,399,636

*Machinery* (*2.0%*)
Caterpillar, Inc.		166,200		13,076,616
Cummins, Inc.		52,400		4,746,392
Danaher Corp.		141,100		5,730,071
Deere & Co.		111,700		7,794,426
Dover Corp.		49,200		2,568,732
Eaton Corp.		44,250	$	3,650,183
Flowserve Corp.		14,797		1,619,088
Illinois Tool Works, Inc.		132,695		6,239,319
PACCAR, Inc.		96,050		4,624,807
Pall Corp.		30,750		1,280,430
Parker Hannifin Corp.		42,500		2,977,550
Snap-On, Inc.		15,300		711,603

				55,019,217

*Professional Services* (*0.1%*)
Dun & Bradstreet Corp.		13,256		982,800
Equifax, Inc.		32,950		1,028,040
Robert Half International, Inc.		38,900		1,011,400

				3,022,240

*Road & Rail* (*0.8%*)
CSX Corp.		100,100		5,537,532
Norfolk Southern Corp.		97,150		5,781,396
Ryder System, Inc.		13,800		590,226
Union Pacific Corp.		131,200		10,732,160

				22,641,314

*Trading Companies & Distributors* (*0.2%*)
Fastenal Co.		38,883		2,068,187
W.W. Grainger, Inc.		15,700		1,870,027

				3,938,214

Total Industrials				294,064,849

Information Technology (18.7%)
*Communications Equipment* (*2.3%*)
Cisco Systems, Inc.*		1,505,450		32,969,355
Harris Corp.		33,984		1,505,151
JDS Uniphase Corp.*		58,350		722,956
Juniper Networks, Inc.*		137,000		4,157,950
Motorola, Inc.*		615,202		5,247,673
QUALCOMM, Inc.		423,100		19,090,272
Tellabs, Inc.		100,450		748,353

				64,441,710

*Computers & Peripherals* (*4.4%*)
Apple, Inc.*		240,900		68,355,375
Dell, Inc.*		445,902		5,778,890
EMC Corp.*		541,300		10,993,803
Hewlett-Packard Co.		597,749		25,147,300
Lexmark International, Inc., Class A*		20,650		921,403
NetApp, Inc.*		94,100		4,685,239
QLogic Corp.*		28,800		508,032
SanDisk Corp.*		61,450		2,252,143
Western Digital Corp.*		60,420		1,715,324

				120,357,509

*Electronic Equipment, Instruments & Components* (*0.6%*)
Agilent Technologies, Inc.*		91,323		3,047,448
Amphenol Corp., Class A		45,756		2,241,129
Corning, Inc.		411,592		7,523,902
FLIR Systems, Inc.*		41,597		1,069,043
Jabil Circuit, Inc.		51,550		742,835
Molex, Inc.		36,200		757,666

				15,382,023

*Internet Software & Services* (*1.9%*)
Akamai Technologies, Inc.*		47,858		2,401,514
eBay, Inc.*		304,350		7,426,140
Google, Inc., Class A*		65,567		34,474,473
Monster Worldwide, Inc.*		34,150		442,584
VeriSign, Inc.*		45,850		1,455,279
Yahoo!, Inc.*		355,397		5,035,976

				51,235,966

*IT Services* (*3.1%*)
Automatic Data Processing, Inc.		129,650		5,449,189

See Notes to Portfolio of Investments.

232

EQ ADVISORS TRUST

EQ/EQUITY 500 INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Cognizant Technology Solutions Corp., Class A*		79,300	$	5,112,471
Computer Sciences Corp.		40,700		1,872,200
Fidelity National Information Services, Inc.		69,499		1,885,508
Fiserv, Inc.*		39,550		2,128,581
International Business Machines Corp.		332,501		44,601,684
Mastercard, Inc., Class A		25,593		5,732,832
Paychex, Inc.		84,775		2,330,465
SAIC, Inc.*		77,400		1,236,852
Teradata Corp.*		44,055		1,698,761
Total System Services, Inc.		43,625		664,845
Visa, Inc., Class A		130,973		9,726,055
Western Union Co.		173,949		3,073,679

				85,513,122

*Office Electronics* (*0.1%*)
Xerox Corp.		364,496		3,772,534

*Semiconductors & Semiconductor Equipment* (*2.4%*)
Advanced Micro Devices, Inc.*		149,300		1,061,523
Altera Corp.		81,000		2,442,960
Analog Devices, Inc.		78,550		2,464,899
Applied Materials, Inc.		352,200		4,113,696
BroadCom Corp., Class A		118,150		4,181,329
First Solar, Inc.*		14,200		2,092,370
Intel Corp.		1,467,750		28,224,832
KLA-TenCorCorp.		44,250		1,558,928
Linear Technology Corp.		59,150		1,817,680
LSI Corp.*		169,100		771,096
MEMC Electronic Materials, Inc.*		59,871		713,662
Microchip Technology, Inc.		48,936		1,539,037
Micron Technology, Inc.*		225,350		1,624,773
National Semiconductor Corp.		63,100		805,787
Novellus Systems, Inc.*		24,200		643,236
NVIDIA Corp.*		151,250		1,766,600
Teradyne, Inc.*		47,750		531,935
Texas Instruments, Inc.		315,031		8,549,941
Xilinx, Inc.		68,150		1,813,472

				66,717,756

*Software* (*3.9%*)
Adobe Systems, Inc.*		138,450		3,620,468
Autodesk, Inc.*		59,850		1,913,405
BMC Software, Inc.*		47,050		1,904,584
CA, Inc.		101,925		2,152,656
Citrix Systems, Inc.*		49,250		3,360,820
Compuware Corp.*		58,850		501,990
Electronic Arts, Inc.*		87,050		1,430,232
Intuit, Inc.*		74,500		3,263,845
McAfee, Inc.*		40,089		1,894,606
Microsoft Corp.		2,007,373		49,160,565
Novell, Inc.*		92,550		552,523
Oracle Corp.		1,020,197		27,392,289
Red Hat, Inc.*		49,810		2,042,210
Salesforce.com, Inc.*		30,818		3,445,452
Symantec Corp.*		207,990		3,155,208

				105,790,853

Total Information Technology				513,211,473

Materials (3.6%)
*Chemicals* (*2.0%*)
Air Products & Chemicals, Inc.		56,050		4,642,061
Airgas, Inc.		19,659		1,335,829
CF Industries Holdings, Inc.		18,745		1,790,148
Dow Chemical Co.		305,701	$	8,394,549
E.I. du Pont de Nemours & Co.		239,000		10,664,180
Eastman Chemical Co.		19,050		1,409,700
EColab, Inc.		61,531		3,122,083
FMC Corp.		19,130		1,308,683
International Flavors & Fragrances, Inc.		21,100		1,023,772
Monsanto Co.		142,448		6,827,533
PPG Industries, Inc.		43,600		3,174,080
Praxair, Inc.		80,750		7,288,495
Sherwin-Williams Co.		23,850		1,792,089
Sigma-Aldrich Corp.		31,950		1,929,141

				54,702,343

*Construction Materials* (*0.1%*)
Vulcan Materials Co.		33,800		1,247,896

*Containers & Packaging* (*0.2%*)
Ball Corp.		24,100		1,418,285
Bemis Co., Inc.		28,750		912,813
Owens-Illinois, Inc.*		43,082		1,208,881
Pactiv Corp.*		35,850		1,182,333
Sealed Air Corp.		42,034		944,924

				5,667,236

*Metals & Mining* (*1.1%*)
AK Steel Holding Corp.		28,898		399,081
AlCoa, Inc.		269,198		3,259,988
Allegheny Technologies, Inc.		25,950		1,205,377
Cliffs Natural Resources, Inc.		35,700		2,281,944
Freeport-McMoRan Copper & Gold, Inc.		123,994		10,587,848
Newmont Mining Corp.		129,800		8,152,738
NuCor Corp.		83,150		3,176,330
Titanium Metals Corp.*		23,683		472,713
United States Steel Corp.		37,800		1,657,152

				31,193,171

*Paper & Forest Products* (*0.2%*)
International Paper Co.		115,135		2,504,186
MeadWestvaco Corp.		44,959		1,096,100
Weyerhaeuser Co.		141,169		2,224,824

				5,825,110

Total Materials				98,635,756

Telecommunication Services (3.2%)
*Diversified Telecommunication Services* (*2.9%*)
AT&T, Inc.		1,557,600		44,547,360
CenturyLink, Inc.		79,500		3,137,070
Frontier Communications Corp.		261,490		2,136,373
Qwest Communications International, Inc.		458,393		2,874,124
Verizon Communications, Inc.		745,096		24,282,679
Windstream Corp.		127,286		1,564,345

				78,541,951

*Wireless Telecommunication Services* (*0.3%*)
American Tower Corp., Class A*		105,742		5,420,335
MetroPCS Communications, Inc.*		68,950		721,217
Sprint Nextel Corp.*		786,691		3,642,379

				9,783,931

Total Telecommunication Services				88,325,882

Utilities (3.6%)
*Electric Utilities* (*1.9%*)
Allegheny Energy, Inc.		44,650		1,094,818
American Electric Power Co., Inc.		126,330		4,576,936
Duke Energy Corp.		347,562		6,155,323

See Notes to Portfolio of Investments.

233

EQ ADVISORS TRUST

EQ/EQUITY 500 INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Edison International		85,900	$	2,954,101
Entergy Corp.		49,250		3,769,102
Exelon Corp.		174,250		7,419,565
FirstEnergy Corp.		80,351		3,096,728
NextEra Energy, Inc.		109,650		5,963,864
Northeast Utilities		46,424		1,372,758
PepCo Holdings, Inc.		58,955		1,096,563
Pinnacle West Capital Corp.		28,600		1,180,322
PPL Corp.		127,188		3,463,329
Progress Energy, Inc.		77,150		3,427,003
Southern Co.		218,950		8,153,698

				53,724,110

*Gas Utilities* (*0.1%*)
NiCor, Inc.		11,950		547,549
Oneok, Inc.		28,057		1,263,687

				1,811,236

*Independent Power Producers & Energy Traders* (*0.2%*)
AES Corp.*		175,800		1,995,330
Constellation Energy Group, Inc.		53,200		1,715,168
NRG Energy, Inc.*		66,668		1,388,028

				5,098,526

*Multi-Utilities* (*1.4%*)
Ameren Corp.		63,050		1,790,620
CenterPoint Energy, Inc.		111,150		1,747,278
CMS Energy Corp.		60,600		1,092,012
Consolidated Edison, Inc.		74,550		3,594,801
Dominion Resources, Inc.		155,246		6,778,040
DTE Energy Co.		44,450		2,041,588
Integrys Energy Group, Inc.		20,324		1,058,067
NiSource, Inc.		73,259		1,274,707
PG&E Corp.		103,000		4,678,260
Public Service Enterprise Group, Inc.		133,400		4,412,872
SCANA Corp.		29,711		1,197,947
Sempra Energy		65,322		3,514,324
TECO Energy, Inc.		56,500		978,580
Wisconsin Energy Corp.		30,802		1,780,356
Xcel Energy, Inc.		121,145		2,782,701

				38,722,153

Total Utilities				99,356,025

Total Common Stocks (99.1%) (Cost $2,667,960,682)				2,724,561,163


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (1.1%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $29,252,473)	$	29,252,473		29,252,473

Total Investments (100.2%) (Cost/Amortized Cost $2,697,213,155)				2,753,813,636
Other Assets Less Liabilities (-0.2%)				(6,720,836	)

Net Assets (100%)			$	2,747,092,800

*	Non-Income producing.

#	All, or a portion of security held by broker as collateral for financial futures contracts, with a total collateral value of $10,936,830.

See Notes to Portfolio of Investments.

234

EQ ADVISORS TRUST

EQ/EQUITY 500 INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


Purchase	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
S&P 500 E-Mini Index		289		December-10	$	16,235,947	$	16,425,315	$	189,368

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	284,043,879	$	—	$	—	$	284,043,879
Consumer Staples		307,450,131		—				307,450,131
Energy		298,104,484		—				298,104,484
Financials		424,265,449		—				424,265,449
Health Care		317,103,235		—				317,103,235
Industrials		294,064,849		—				294,064,849
Information Technology		513,211,473		—				513,211,473
Materials		98,635,756		—				98,635,756
Telecommunication Services		88,325,882		—				88,325,882
Utilities		99,356,025		—				99,356,025
Futures		189,368		—				189,368
Short-Term Investments		—		29,252,473				29,252,473

Total Assets	$	2,724,750,531	$	29,252,473	$	—	$	2,754,003,004

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	2,724,750,531	$	29,252,473	$	—	$	2,754,003,004

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	108,441,343
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	189,254,921

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	597,423,631
Aggregate gross unrealized depreciation		(599,149,686	)

Net unrealized depreciation	$	(1,726,055	)

Federal income tax cost of investments	$	2,755,539,691

See Notes to Portfolio of Investments.

235

EQ ADVISORS TRUST

EQ/EQUITY GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (13.0%)
*Auto Components* (*0.3%)*
Autoliv, Inc.		4,516	$	295,030
BorgWarner, Inc.*		16,881		888,278
Federal-Mogul Corp.*		700		13,237
Gentex Corp.		21,687		423,113
Goodyear Tire & Rubber Co.*		37,782		406,157
Johnson Controls, Inc.		98,655		3,008,978
Lear Corp.*		2,300		181,539
TRW Automotive Holdings Corp.*		8,266		343,535

				5,559,867

*Automobiles* (*0.7%*)
Ford Motor Co.*		888,461		10,874,763
Harley-Davidson, Inc.		36,619		1,041,444
Tesla Motors, Inc.*		1,624		32,902
Thor Industries, Inc.		5,212		174,081

				12,123,190

*Distributors* (*0.0%*)
LKQ Corp.*		22,211		461,989

*Diversified Consumer Services* (*0.2%*)
Apollo Group, Inc., Class A*		20,134		1,033,881
Career Education Corp.*		10,152		217,963
DeVry, Inc.		9,905		487,425
Education Management Corp.*		3,710		54,463
H&R Block, Inc.		19,819		256,656
Hillenbrand, Inc.		9,686		208,346
ITT Educational Services, Inc.*		5,411		380,231
Strayer Education, Inc.		2,165		377,792
Weight Watchers International, Inc.		5,168		161,190

				3,177,947

*Hotels, Restaurants & Leisure* (*3.3%*)
Bally Technologies, Inc.*		8,589		300,185
Brinker International, Inc.		13,891		261,984
Burger King Holdings, Inc.		14,262		340,577
Carnival Corp.		25,429		971,642
Chipotle Mexican Grill, Inc.*		4,873		838,156
Choice Hotels International, Inc.		305		11,120
Ctrip.Com International Ltd. (ADR)*		126,400		6,035,600
Darden Restaurants, Inc.		39,566		1,692,633
International Game Technology		46,362		669,931
International Speedway Corp., Class A		1,624		39,626
Las Vegas Sands Corp.*		318,192		11,088,991
Marriott International, Inc., Class A .		42,202		1,512,098
McDonald’s Corp.		167,305		12,465,895
MGM Resorts International*		6,845		77,212
Panera Bread Co., Class A*		4,760		421,784
Royal Caribbean Cruises Ltd.*		7,973		251,389
Starbucks Corp.		357,674		9,149,301
Starwood Hotels & Resorts
Worldwide, Inc.		126,571		6,651,306
Wendy’s/Arby’s Group, Inc., Class A		19,637		88,956
WMS Industries, Inc.*		9,014		343,163
Wynn Resorts Ltd.		11,737		1,018,419
Yum! Brands, Inc.		72,818		3,353,997

				57,583,965

*Household Durables* (*0.3%*)
Fortune Brands, Inc.		2,867		141,142
Garmin Ltd.		1,064		32,292
Harman International Industries, Inc.*		5,145		171,895
Leggett & Platt, Inc.		13,612	$	309,809
Mohawk Industries, Inc.*		1,046		55,752
NVR, Inc.*		910		589,252
Stanley Black & Decker, Inc.		52,200		3,198,816
Tempur-Pedic International, Inc.*		11,259		349,029
Tupperware Brands Corp.		9,826		449,638
Whirlpool Corp.		5,000		404,800

				5,702,425

*Internet & Catalog Retail* (*2.1%*)
Amazon.com, Inc.*		158,808		24,942,384
Expedia, Inc.		13,137		370,595
Netflix, Inc.*		59,310		9,617,710
priceline.com, Inc.*		7,397		2,576,671

				37,507,360

*Leisure Equipment & Products* (*0.1%*)
Hasbro, Inc.		20,291		903,152
Mattel, Inc.		32,897		771,764

				1,674,916

*Media* (*1.3%*)
CBS Corp., Class B		479,487		7,604,664
DIRECTV, Class A*		137,944		5,742,609
Discovery Communications, Inc., Class A*		32,322		1,407,623
DreamWorks Animation SKG, Inc., Class A*		11,531		367,954
Interpublic Group of Cos., Inc.*		76,102		763,303
John Wiley & Sons, Inc., Class A		6,467		264,242
Lamar Advertising Co., Class A*		1,880		59,822
Madison Square Garden, Inc., Class A*		3,023		63,725
McGraw-Hill Cos., Inc.		34,442		1,138,652
Meredith Corp.		2,382		79,344
Morningstar, Inc.*		3,431		152,885
News Corp., Class A		74,281		970,110
Omnicom Group, Inc.		38,474		1,518,954
Regal Entertainment Group, Class A		2,889		37,904
Scripps Networks Interactive, Inc., Class A		13,930		662,789
Sirius XM Radio, Inc.*		604,323		725,188
Thomson Reuters Corp.		18,846		707,290
Time Warner, Inc.		36,514		1,119,154
Viacom, Inc., Class B		18,609		673,460

				24,059,672

*Multiline Retail* (*1.7%*)
Big Lots, Inc.*		11,752		390,754
Dollar General Corp.*		10,867		317,860
Dollar Tree, Inc.*		19,781		964,522
Family Dollar Stores, Inc.		21,005		927,581
J.C. Penney Co., Inc.		11,945		324,665
Kohl’s Corp.*		210,927		11,111,634
Macy’s, Inc.		6,501		150,108
Nordstrom, Inc.		26,004		967,349
Target Corp.		269,933		14,425,219

				29,579,692

*Specialty Retail* (*2.5%*)
Aaron’s, Inc.		6,309		116,401
Abercrombie & Fitch Co., Class A		10,480		412,074
Advance Auto Parts, Inc.		13,663		801,745
Aeropostale, Inc.*		14,537		337,985
American Eagle Outfitters, Inc.		8,037		120,234
AutoNation, Inc.*		3,480		80,910
AutoZone, Inc.*		4,097		937,844
Bed Bath & Beyond, Inc.*		40,857		1,773,602

See Notes to Portfolio of Investments.

236

EQ ADVISORS TRUST

EQ/EQUITY GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Best Buy Co., Inc.		53,674	$	2,191,509
CarMax, Inc.*		34,783		969,054
Chico’s FAS, Inc.		27,797		292,424
Dick’s Sporting Goods, Inc.*		13,914		390,149
Gap, Inc.		58,946		1,098,753
Guess?, Inc.		10,100		410,363
Home Depot, Inc.		478,146		15,147,665
J. Crew Group, Inc.*		8,578		288,392
Limited Brands, Inc.		41,547		1,112,629
Lowe’s Cos., Inc.		171,004		3,811,679
Office Depot, Inc.*		5,150		23,690
O’Reilly Automotive, Inc.*		21,481		1,142,789
PetSmart, Inc.		18,401		644,035
Ross Stores, Inc.		19,030		1,039,419
Staples, Inc.		113,513		2,374,692
Tiffany & Co.		19,655		923,589
TJX Cos., Inc.		63,447		2,831,640
Tractor Supply Co.		11,304		448,317
Urban Outfitters, Inc.*		118,064		3,711,932
Williams-Sonoma, Inc.		14,974		474,676

				43,908,191

*Textiles, Apparel & Luxury Goods* (*0.5%*)
Coach, Inc.		47,448		2,038,366
Fossil, Inc.*		8,185		440,271
Hanesbrands, Inc.*		14,864		384,383
NIKE, Inc., Class B		55,970		4,485,436
Phillips-Van Heusen Corp.		8,786		528,566
Polo Ralph Lauren Corp.		8,700		781,782

				8,658,804

Total Consumer Discretionary				229,998,018

Consumer Staples (7.5%)
*Beverages* (*2.2%*)
Brown-Forman Corp., Class B		12,402		764,459
Coca-Cola Co.		467,168		27,338,671
Coca-Cola Enterprises, Inc.		30,387		941,997
Dr. Pepper Snapple Group, Inc.		11,693		415,335
Hansen Natural Corp.*		8,699		405,548
PepsiCo, Inc.		144,213		9,581,512

				39,447,522

*Food & Staples Retailing* (*1.7%*)
BJ’s Wholesale Club, Inc.*		757		31,416
Costco Wholesale Corp.		68,506		4,417,952
CVS Caremark Corp.		23,490		739,230
Kroger Co.		5,713		123,744
Sysco Corp.		92,000		2,623,840
Walgreen Co.		138,618		4,643,703
Wal-Mart Stores, Inc.		191,681		10,258,767
Whole Foods Market, Inc.*		184,758		6,856,369

				29,695,021

*Food Products* (*0.5%*)
Campbell Soup Co.		17,144		612,898
ConAgra Foods, Inc.		7,000		153,580
Flowers Foods, Inc.		4,421		109,818
General Mills, Inc.		61,402		2,243,629
Green Mountain Coffee Roasters, Inc.*		17,190		536,156
H.J. Heinz Co.		20,163		955,121
Hershey Co.		13,971		664,880
Kellogg Co.		35,828		1,809,672
McCormick & Co., Inc. (Non-Voting)		10,280		432,171
Mead Johnson Nutrition Co.		4,356		247,900
Sara Lee Corp.		73,327		984,782

				8,750,607

*Household Products* (*1.4%*)
Church & Dwight Co., Inc.		11,023	$	715,834
Clorox Co.		20,634		1,377,526
Colgate-Palmolive Co.		63,841		4,906,819
Kimberly-Clark Corp.		50,988		3,316,769
Procter & Gamble Co.		232,072		13,917,358

				24,234,306

*Personal Products* (*0.7%*)
Alberto-Culver Co.		2,966		111,670
Avon Products, Inc.		299,757		9,625,197
Estee Lauder Cos., Inc., Class A		17,147		1,084,205
Herbalife Ltd.		9,411		567,954

				11,389,026

*Tobacco* (*1.0%*)
Altria Group, Inc.		188,817		4,535,384
Philip Morris International, Inc.		242,494		13,584,514

				18,119,898

Total Consumer Staples				131,636,380

Energy (7.1%)
*Energy Equipment & Services* (*1.9%*)
Atwood Oceanics, Inc.*		1,763		53,683
Baker Hughes, Inc.		18,283		778,856
Cameron International Corp.*		21,684		931,545
Core Laboratories N.V.		6,944		611,350
Diamond Offshore Drilling, Inc.		3,474		235,433
Dresser-Rand Group, Inc.*		11,588		427,481
Exterran Holdings, Inc.*		1,009		22,914
FMC Technologies, Inc.*		18,909		1,291,296
Halliburton Co.		141,312		4,673,188
McDermott International, Inc.*		28,393		419,648
Nabors Industries Ltd.*		17,700		319,662
Oil States International, Inc.*		492		22,903
Pride International, Inc.*		10,813		318,227
Rowan Cos., Inc.*		2,430		73,775
Schlumberger Ltd.		350,104		21,569,907
Superior Energy Services, Inc.*		882		23,540
Weatherford International Ltd.*		46,398		793,406

				32,566,814

*Oil, Gas & Consumable Fuels* (*5.2%*)
Alpha Natural Resources, Inc.*		2,503		102,998
Anadarko Petroleum Corp.		110,200		6,286,910
Arch Coal, Inc.		17,866		477,201
Atlas Energy, Inc.*		8,906		255,068
Chevron Corp.		16,557		1,341,945
Cimarex Energy Co.		13,046		863,384
Concho Resources, Inc.*		14,238		942,128
ConocoPhillips		88,650		5,091,170
Consol Energy, Inc.		16,110		595,426
Continental Resources, Inc.*		4,340		201,202
El Paso Corp.		20,133		249,247
EOG Resources, Inc.		140,970		13,105,981
EQT Corp.		21,553		777,201
EXCO Resources, Inc.		22,833		339,527
Exxon Mobil Corp.		728,570		45,018,340
Forest Oil Corp.*		11,246		334,006
Frontline Ltd.		6,598		187,581
Holly Corp.		4,686		134,723
Marathon Oil Corp.		29,462		975,192
Mariner Energy, Inc.*		1,153		27,937
Massey Energy Co.		235,200		7,295,904
Murphy Oil Corp.		3,515		217,649
Occidental Petroleum Corp.		25,641		2,007,690
Petrohawk Energy Corp.*		33,360		538,430

See Notes to Portfolio of Investments.

237

EQ ADVISORS TRUST

EQ/EQUITY GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Quicksilver Resources, Inc.*		1,133	$	14,276
Range Resources Corp.		24,794		945,395
SandRidge Energy, Inc.*		32,798		186,293
SM Energy Co.		6,642		248,809
Southwestern Energy Co.*		53,900		1,802,416
Ultra Petroleum Corp.*		23,670		993,667
Whiting Petroleum Corp.*		667		63,705
Williams Cos., Inc.		37,438		715,440

				92,336,841

Total Energy				124,903,655

Financials (3.9%)
*Capital Markets* (*1.0%*)
Affiliated Managers Group, Inc.*		7,947		619,945
Ameriprise Financial, Inc.		8,051		381,054
BlackRock, Inc.		1,836		312,579
Charles Schwab Corp.		153,875		2,138,863
Eaton Vance Corp.		18,348		532,826
Federated Investors, Inc., Class B		9,422		214,445
Franklin Resources, Inc.		23,123		2,471,849
GLG Partners, Inc.*		18,419		82,886
Greenhill & Co., Inc.		4,581		363,365
InvesCo. Ltd.		22,028		467,654
Janus Capital Group, Inc.		2,594		28,404
Jefferies Group, Inc.		188,900		4,286,141
Lazard Ltd., Class A		14,305		501,819
Morgan Stanley		69,130		1,706,128
Northern Trust Corp.		15,006		723,889
SEI Investments Co.		23,270		473,312
T. Rowe Price Group, Inc.		40,365		2,020,874
TD Ameritrade Holding Corp.*		36,265		585,680
Waddell & Reed Financial, Inc., Class A		13,437		367,636

				18,279,349

*Commercial Banks* (*0.4%*)
Bank of Hawaii Corp.		2,399		107,763
Wells Fargo & Co.		258,000		6,483,540

				6,591,303

*Consumer Finance* (*0.7%*)
American Express Co.		293,092		12,318,657
Green Dot Corp., Class A*		589		28,554

				12,347,211

*Diversified Financial Services* (*0.7%*)
CBOE Holdings, Inc.		820		16,433
Interactive Brokers Group, Inc., Class A*		1,640		28,224
InterContinentalExchange, Inc.*		11,500		1,204,280
Moody’s Corp.		410,221		10,247,321
MSCI, Inc., Class A*		17,240		572,540
NASDAQ OMX Group, Inc.*		2,060		40,026
NYSE Euronext		8,766		250,445

				12,359,269

*Insurance* (*0.5%*)
ACE Ltd.		8,006		466,349
Aflac, Inc.		69,008		3,568,404
Arch Capital Group Ltd.*		472		39,554
Arthur J. Gallagher & Co.		4,049		106,772
Axis Capital Holdings Ltd.		5,599		184,431
Brown & Brown, Inc.		9,376		189,301
Endurance Specialty Holdings Ltd.		768		30,566
Erie Indemnity Co., Class A		3,208		179,840
Genworth Financial, Inc., Class A*		14,067		171,899
Hartford Financial Services Group, Inc.		5,803		133,179
Marsh & McLennan Cos., Inc.		77,608	$	1,871,905
MetLife, Inc.		31,688		1,218,404
Travelers Cos., Inc.		8,476		441,600
Validus Holdings Ltd.		1,387		36,561

				8,638,765

*Real Estate Investment Trusts (REITs)* (*0.5%*)
AMB Property Corp. (REIT)		2,434		64,428
Apartment Investment & Management Co. (REIT), Class A		8,960		191,565
Digital Realty Trust, Inc. (REIT)		12,804		790,007
Equity Residential (REIT)		2,817		134,005
Essex Property Trust, Inc. (REIT)		1,822		199,400
Federal Realty Investment Trust (REIT)		5,706		465,952
General Growth Properties, Inc. (REIT)		31,450		490,620
Plum Creek Timber Co., Inc. (REIT)		10,772		380,252
ProLogis (REIT)		4,599		54,176
Public Storage (REIT)		19,787		1,920,130
Rayonier, Inc. (REIT)		3,702		185,544
Simon Property Group, Inc. (REIT)		31,503		2,921,588
UDR, Inc. (REIT)		2,143		45,260
Ventas, Inc. (REIT)		6,636		342,219
Vornado Realty Trust (REIT)		2,261		193,383

				8,378,529

*Real Estate Management & Development* (*0.1%*)
CB Richard Ellis Group, Inc., Class A*		44,200		807,976
Jones Lang LaSalle, Inc.		6,538		564,033
St. Joe Co.*		12,942		321,868

				1,693,877

*Thrifts & Mortgage Finance* (*0.0%*)
Capitol Federal Financial		213		5,261
Hudson City Bancorp., Inc.		6,166		75,595

				80,856

Total Financials				68,369,159

Health Care (8.5%)
*Biotechnology* (*1.6%*)
Abraxis Bioscience, Inc.*		426		32,947
Alexion Pharmaceuticals, Inc.*		56,331		3,625,463
Amgen, Inc.*		69,100		3,808,101
Amylin Pharmaceuticals, Inc.*		22,333		465,643
BioMarin Pharmaceutical, Inc.*		15,802		353,175
Celgene Corp.*		71,671		4,128,966
Dendreon Corp.*		122,592		5,048,339
Genzyme Corp.*		31,583		2,235,761
Gilead Sciences, Inc.*		130,426		4,644,470
Human Genome Sciences, Inc.*		29,137		867,991
Myriad Genetics, Inc.*		15,203		249,481
Regeneron Pharmaceuticals, Inc.*		10,091		276,493
Talecris Biotherapeutics Holdings Corp.*		7,966		182,262
United Therapeutics Corp.*		7,705		431,557
Vertex Pharmaceuticals, Inc.*		31,416		1,086,051

				27,436,700

*Health Care Equipment & Supplies* (*1.7%*)
Alcon, Inc.		10,786		1,798,997
Alere, Inc.*		3,815		117,998
Baxter International, Inc.		77,267		3,686,409
Becton, Dickinson and Co.		36,286		2,688,793
C.R. Bard, Inc.		14,789		1,204,268
CareFusion Corp.*		6,129		152,244
Cooper Cos., Inc.		1,350		62,397

See Notes to Portfolio of Investments.

238

EQ ADVISORS TRUST

EQ/EQUITY GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Covidien plc		77,957	$	3,133,092
DENTSPLY International, Inc.		22,639		723,769
Edwards Lifesciences Corp.*		17,621		1,181,488
Gen-Probe, Inc.*		7,714		373,820
Hill-Rom Holdings, Inc.		8,276		297,026
Hospira, Inc.*		25,797		1,470,687
IDEXX Laboratories, Inc.*		8,965		553,320
Intuitive Surgical, Inc.*		6,091		1,728,260
Kinetic Concepts, Inc.*		854		31,239
Medtronic, Inc.		131,734		4,423,628
ResMed, Inc.*		23,582		773,725
St. Jude Medical, Inc.*		50,797		1,998,354
Stryker Corp.		48,984		2,451,649
Teleflex, Inc.		967		54,906
Thoratec Corp.*		8,916		329,714
Varian Medical Systems, Inc.*		19,211		1,162,266

				30,398,049

*Health Care Providers & Services* (*1.9%*)
AmerisourceBergen Corp.		43,938		1,347,139
Brookdale Senior Living, Inc.*		1,827		29,798
Cardinal Health, Inc.		19,371		640,018
Community Health Systems, Inc.*		10,227		316,730
DaVita, Inc.*		16,157		1,115,318
Emdeon, Inc., Class A*		4,053		49,366
Emergency Medical Services Corp., Class A*		4,618		245,909
Express Scripts, Inc.*		301,137		14,665,372
Health Management Associates, Inc., Class A*		38,937		298,257
Henry Schein, Inc.*		14,210		832,422
Laboratory Corp. of America Holdings*		16,229		1,272,840
Lincare Holdings, Inc.		256,906		6,445,772
McKesson Corp.		18,232		1,126,373
Medco Health Solutions, Inc.*		67,420		3,509,885
MEDNAX, Inc.*		6,909		368,250
Omnicare, Inc.		1,830		43,700
Patterson Cos., Inc.		15,882		455,019
Quest Diagnostics, Inc.		20,065		1,012,681
Tenet Healthcare Corp.*		54,356		256,560
Universal Health Services, Inc., Class B		937		36,412
VCA Antech, Inc.*		13,366		281,889

				34,349,710

*Health Care Technology* (*0.5%*)
Allscripts Healthcare Solutions, Inc.*		18,057		333,513
Cerner Corp.*		89,501		7,517,189
SXC Health Solutions Corp.*		9,524		347,340

				8,198,042

*Life Sciences Tools & Services* (*1.0%*)
Charles River Laboratories International, Inc.*		2,448		81,151
Covance, Inc.*		172,057		8,050,547
Illumina, Inc.*		137,600		6,769,920
Life Technologies Corp.*		20,105		938,702
Mettler-Toledo International, Inc.*		5,232		651,070
PerkinElmer, Inc.		8,338		192,941
Pharmaceutical Product Development, Inc.		16,406		406,705
Techne Corp.		5,798		357,911
Waters Corp.*		14,454		1,023,054

				18,472,001

*Pharmaceuticals* (*1.8%*)
Abbott Laboratories, Inc.		409,225		21,377,914
Allergan, Inc.		47,289	$	3,146,137
Eli Lilly and Co.		36,378		1,328,888
Johnson & Johnson		64,338		3,986,382
Mylan, Inc.*		40,444		760,752
Perrigo Co.		12,562		806,732
Warner Chilcott plc, Class A		14,002		314,205

				31,721,010

Total Health Care				150,575,512

Industrials (11.4%)
*Aerospace & Defense* (*1.6%*)
Alliant Techsystems, Inc.*		4,836		364,634
Boeing Co.		95,616		6,362,289
Goodrich Corp.		5,470		403,303
Honeywell International, Inc.		119,156		5,235,715
Lockheed Martin Corp.		37,736		2,689,822
Precision Castparts Corp.		22,087		2,812,779
Rockwell Collins, Inc.		12,874		749,911
Spirit AeroSystems Holdings, Inc., Class A*		2,489		49,606
TransDigm Group, Inc.		7,659		475,241
United Technologies Corp.		132,632		9,447,377

				28,590,677

*Air Freight & Logistics* (*1.4%*)
C.H. Robinson Worldwide, Inc.		25,798		1,803,796
Expeditors International of Washington, Inc.		33,199		1,534,790
FedEx Corp.		31,465		2,690,257
United Parcel Service, Inc., Class B		289,961		19,337,499
UTi Worldwide, Inc.		13,232		212,771

				25,579,113

*Airlines* (*1.0%*)
AMR Corp.*		16,705		104,740
Continental Airlines, Inc., Class B*		21,717		539,450
Copa Holdings S.A., Class A		3,040		163,886
Delta Air Lines, Inc.*		1,037,726		12,079,131
Southwest Airlines Co.		15,393		201,187
UAL Corp.*		207,403		4,900,933

				17,989,327

*Building Products* (*0.0%*)
Armstrong World Industries, Inc.*		257		10,668
Lennox International, Inc.		7,306		304,587
Masco Corp.		16,731		184,208
Owens Corning, Inc.*		9,877		253,148
USG Corp.*		4,295		56,651

				809,262

*Commercial Services & Supplies* (*0.2%*)
Avery Dennison Corp.		977		36,266
Copart, Inc.*		11,232		370,319
Corrections Corp. of America*		3,278		80,901
Covanta Holding Corp.		1,170		18,428
Iron Mountain, Inc.		28,421		634,925
KAR Auction Services, Inc.*		625		7,881
Pitney Bowes, Inc.		23,078		493,408
R.R. Donnelley & Sons Co.		1,697		28,781
Republic Services, Inc.		15,082		459,850
Stericycle, Inc.*		13,160		914,357
Waste Connections, Inc.*		9,548		378,674

				3,423,790

*Construction & Engineering* (*0.1%*)
Aecom Technology Corp.*		4,859		117,879
Chicago Bridge & Iron Co N.V. (N.Y. Shares)*		6,366		155,649
Fluor Corp.		1,667		82,567

See Notes to Portfolio of Investments.

239

EQ ADVISORS TRUST

EQ/EQUITY GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Jacobs Engineering Group, Inc.*		11,742	$	454,415
KBR, Inc.		1,450		35,728
Shaw Group, Inc.*		7,552		253,445

				1,099,683

*Electrical Equipment* (*0.7%*)
AMETEK, Inc.		16,538		790,020
Babcock & Wilcox Co.*		14,196		302,091
Cooper Industries plc		26,054		1,274,822
Emerson Electric Co.		117,130		6,168,066
General Cable Corp.*		2,902		78,702
Hubbell, Inc., Class B		3,753		190,465
Regal-Beloit Corp.		5,018		294,506
Rockwell Automation, Inc.		22,177		1,368,986
Roper Industries, Inc.		14,614		952,541
Thomas & Betts Corp.*		1,427		58,536

				11,478,735

*Industrial Conglomerates* (*1.0%*)
3M Co.		110,895		9,615,705
Carlisle Cos., Inc.		671		20,096
General Electric Co.		385,212		6,259,695
Textron, Inc.		21,892		450,100
Tyco International Ltd.		11,515		422,946

				16,768,542

*Machinery* (*4.7%*)
Bucyrus International, Inc.		11,691		810,771
Caterpillar, Inc.		136,294		10,723,612
CNH Global N.V.*		684		25,062
Cummins, Inc.		119,894		10,859,998
Danaher Corp.		418,581		16,998,574
Deere & Co.		62,371		4,352,248
Donaldson Co., Inc.		11,989		565,042
Dover Corp.		18,355		958,315
Eaton Corp.		6,803		561,179
Flowserve Corp.		7,411		810,912
Gardner Denver, Inc.		7,703		413,497
Graco, Inc.		9,426		299,087
Harsco Corp.		937		23,031
IDEX Corp.		10,435		370,547
Illinois Tool Works, Inc.		68,534		3,222,469
Joy Global, Inc.		165,909		11,666,721
Kennametal, Inc.		9,510		294,144
Lincoln Electric Holdings, Inc.		6,624		383,000
Manitowoc Co., Inc.		20,422		247,310
Navistar International Corp.*		11,062		482,746
Oshkosh Corp.*		13,962		383,955
PACCAR, Inc.		305,049		14,688,109
Pall Corp.		18,126		754,767
Parker Hannifin Corp.		7,088		496,585
Pentair, Inc.		7,979		268,334
SPX Corp.		1,506		95,300
Timken Co.		9,911		380,186
Toro Co.		4,870		273,840
Valmont Industries, Inc.		3,446		249,490
WABCO Holdings, Inc.*		10,000		419,400
Wabtec Corp.		1,163		55,580

				82,133,811

*Marine* (*0.0%*)
Kirby Corp.*		545		21,833

*Professional Services* (*0.4%*)
Dun & Bradstreet Corp.		7,836		580,961
FTI Consulting, Inc.*		5,894		204,463
IHS, Inc., Class A*		7,532		512,176
Manpower, Inc.		101,500		5,298,300
Robert Half International, Inc.		23,500	$	611,000
Towers Watson & Co., Class A		1,011		49,721
Verisk Analytics, Inc., Class A*		16,068		450,064

				7,706,685

*Road & Rail* (*0.1%*)
Con-way, Inc.		668		20,701
Hertz Global Holdings, Inc.*		25,704		272,205
J.B. Hunt Transport Services, Inc.		14,176		491,907
Kansas City Southern*		9,388		351,205
Landstar System, Inc.		7,801		301,275
Ryder System, Inc.		4,360		186,477
Union Pacific Corp.		9,838		804,749

				2,428,519

*Trading Companies & Distributors* (*0.2%*)
Fastenal Co.		20,588		1,095,076
GATX Corp.		1,900		55,708
MSC Industrial Direct Co., Class A		6,790		366,931
W.W. Grainger, Inc.		9,625		1,146,434
WESCO International, Inc.*		2,137		83,963

				2,748,112

Total Industrials				200,778,089

Information Technology (27.0%)
*Communications Equipment* (*3.3%*)
Ciena Corp.*		14,399		224,192
Cisco Systems, Inc.*		1,282,582		28,088,546
F5 Networks, Inc.*		74,365		7,719,831
Harris Corp.		20,192		894,304
JDS Uniphase Corp.*		33,565		415,870
Juniper Networks, Inc.*		81,822		2,483,298
Polycom, Inc.*		13,252		361,514
QUALCOMM, Inc.		395,405		17,840,674

				58,028,229

*Computers & Peripherals* (*6.6%*)
Apple, Inc.*		256,046		72,653,053
Dell, Inc.*		264,624		3,429,527
Diebold, Inc.		2,203		68,491
EMC Corp.*		319,685		6,492,802
Hewlett-Packard Co.		364,704		15,343,097
NCR Corp.*		24,933		339,837
NetApp, Inc.*		268,699		13,378,523
QLogic Corp.*		17,200		303,408
SanDisk Corp.*		35,767		1,310,861
Seagate Technology plc*		309,727		3,648,584
Western Digital Corp.*		8,160		231,663

				117,199,846

*Electronic Equipment, Instruments & Components* (*0.4%*)
Agilent Technologies, Inc.*		54,141		1,806,685
Amphenol Corp., Class A		26,989		1,321,921
Arrow Electronics, Inc.*		2,075		55,465
AVX Corp.		900		12,438
Corning, Inc.		30,338		554,579
Dolby Laboratories, Inc., Class A*		8,326		473,000
FLIR Systems, Inc.*		23,849		612,919
Ingram Micro, Inc., Class A*		1,494		25,189
Itron, Inc.*		5,817		356,175
Jabil Circuit, Inc.		19,798		285,289
National Instruments Corp.		8,992		293,679
Trimble Navigation Ltd.*		18,863		660,959

				6,458,298

*Internet Software & Services* (*3.3%*)
Akamai Technologies, Inc.*		118,144		5,928,466
Baidu, Inc. (ADR)*		61,000		6,259,820
eBay, Inc.*		67,971		1,658,492

See Notes to Portfolio of Investments.

240

EQ ADVISORS TRUST

EQ/EQUITY GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Equinix, Inc.*		7,040	$	720,544
Google, Inc., Class A*		75,990		39,954,782
IAC/InterActiveCorp.*		5,735		150,659
Monster Worldwide, Inc.*		10,100		130,896
VeriSign, Inc.*		28,383		900,876
VistaPrint N.V.*		6,803		262,936
WebMD Health Corp.*		9,234		460,500
Yahoo!, Inc.*		90,896		1,287,996

				57,715,967

*IT Services* (*3.5%*)
Accenture plc, Class A		95,069		4,039,482
Alliance Data Systems Corp.*		8,298		541,528
Amdocs Ltd.*		8,990		257,653
Automatic Data Processing, Inc.		78,222		3,287,671
Broadridge Financial Solutions, Inc.		17,959		410,722
Cognizant Technology Solutions Corp., Class A*		151,066		9,739,225
DST Systems, Inc.		5,500		246,620
Fiserv, Inc.*		15,829		851,917
Gartner, Inc.*		11,370		334,733
Genpact Ltd.*		10,240		181,555
Global Payments, Inc.		12,692		544,360
Hewitt Associates, Inc., Class A*		14,577		735,118
International Business Machines Corp.		199,501		26,761,064
Lender Processing Services, Inc.		14,744		489,943
Mastercard, Inc., Class A		15,135		3,390,240
NeuStar, Inc., Class A*		11,657		289,793
Paychex, Inc.		50,191		1,379,751
SAIC, Inc.*		48,110		768,798
Teradata Corp.*		25,957		1,000,902
Visa, Inc., Class A		72,613		5,392,241
Western Union Co.		104,527		1,846,992

				62,490,308

*Office Electronics* (*0.0%*)
Zebra Technologies Corp., Class A*		5,133		172,674

*Semiconductors & Semiconductor Equipment* (*3.6%*)
Advanced Micro Devices, Inc.*		35,769		254,318
Altera Corp.		213,914		6,451,646
Analog Devices, Inc.		46,339		1,454,118
Applied Materials, Inc.		208,905		2,440,010
Atheros Communications, Inc.*		10,876		286,583
Atmel Corp.*		64,132		510,491
Avago Technologies Ltd.*		16,510		371,640
Broadcom Corp., Class A		240,931		8,526,548
Cree, Inc.*		107,017		5,809,953
Cypress Semiconductor Corp.*		25,500		320,790
First Solar, Inc.*		8,622		1,270,452
Intel Corp.		591,867		11,381,602
Intersil Corp., Class A		6,800		79,492
KLA-Tencor Corp.		1,455		51,260
Lam Research Corp.*		147,877		6,188,652
Linear Technology Corp.		34,859		1,071,217
Marvell Technology Group Ltd.*		84,195		1,474,254
Maxim Integrated Products, Inc.		47,023		870,396
MEMC Electronic Materials, Inc.*		14,743		175,737
Microchip Technology, Inc.		28,653		901,137
Micron Technology, Inc.*		744,500		5,367,845
National Semiconductor Corp.		33,650		429,710
Novellus Systems, Inc.*		13,251		352,212
NVIDIA Corp.*		88,991		1,039,415
ON Semiconductor Corp.*		66,600		480,186
PMC-Sierra, Inc.*		1,895		13,947
Rambus, Inc.*		16,319	$	340,088
SiliCon Laboratories, Inc.*		7,156		262,267
Skyworks Solutions, Inc.*		27,497		568,638
SunPower Corp., Class A*		5,922		85,277
Teradyne, Inc.*		28,034		312,299
Texas Instruments, Inc.		86,103		2,336,835
Varian Semiconductor Equipment Associates, Inc.*		11,598		333,790
Xilinx, Inc.		40,254		1,071,159

				62,883,964

*Software* (*6.3%*)
Activision Blizzard, Inc.		21,856		236,482
Adobe Systems, Inc.*		81,866		2,140,796
ANSYS, Inc.*		14,074		594,626
Autodesk, Inc.*		35,656		1,139,922
BMC Software, Inc.*		28,229		1,142,710
CA, Inc.		49,249		1,040,139
Cadence Design Systems, Inc.*		42,041		320,773
Check Point Software Technologies Ltd.*		252,400		9,321,132
Citrix Systems, Inc.*		28,888		1,971,317
Compuware Corp.*		19,777		168,698
Electronic Arts, Inc.*		48,191		791,778
FactSet Research Systems, Inc.		7,322		594,034
Informatica Corp.*		14,283		548,610
Intuit, Inc.*		43,622		1,911,080
McAfee, Inc.*		24,265		1,146,764
MICROS Systems, Inc.*		12,487		528,575
Microsoft Corp.		1,396,512		34,200,579
Nuance Communications, Inc.*		35,374		553,249
Oracle Corp.		910,440		24,445,314
Red Hat, Inc.*		227,136		9,312,576
Rovi Corp.*		15,873		800,158
Salesforce.com, Inc.*		106,314		11,885,905
Solera Holdings, Inc.		10,886		480,726
Symantec Corp.*		11,675		177,110
Synopsys, Inc.*		1,442		35,718
VMware, Inc., Class A*		61,729		5,243,261

				110,732,032

Total Information Technology				475,681,318

Materials (3.2%)
*Chemicals* (*1.7%*)
Air Products & Chemicals, Inc.		33,025		2,735,130
Airgas, Inc.		12,982		882,127
Albemarle Corp.		14,215		665,404
Ashland, Inc.		1,087		53,013
Celanese Corp.		24,364		782,084
CF Industries Holdings, Inc.		7,966		760,753
E.I. du Pont de Nemours & Co.		48,613		2,169,112
Eastman Chemical Co.		2,330		172,420
EColab, Inc.		123,392		6,260,910
FMC Corp.		7,733		529,015
International Flavors & Fragrances, Inc.		12,367		600,047
Lubrizol Corp.		10,609		1,124,236
Monsanto Co.		84,843		4,066,525
Mosaic Co.		24,588		1,444,791
Nalco Holding Co.		20,148		507,931
PPG Industries, Inc.		4,243		308,890
Praxair, Inc.		47,580		4,294,571
RPM International, Inc.		10,077		200,734
Scotts Miracle-Gro Co., Class A		7,143		369,507
Sherwin-Williams Co.		8,844		664,538
Sigma-Aldrich Corp.		17,423		1,052,001

See Notes to Portfolio of Investments.

241

EQ ADVISORS TRUST

EQ/EQUITY GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Valspar Corp.		1,560	$	49,686

				29,693,425

*Construction Materials* (*0.0%*)
Eagle Materials, Inc.		6,818		161,587
Martin Marietta Materials, Inc.		7,066		543,870

				705,457

*Containers & Packaging* (*0.1%*)
Ball Corp.		3,014		177,374
Crown Holdings, Inc.*		25,192		722,003
Owens-Illinois, Inc.*		7,925		222,375
Pactiv Corp.*		18,560		612,109
Temple-Inland, Inc.		3,097		57,790

				1,791,651

*Metals & Mining* (*1.3%*)
Agnico-Eagle Mines Ltd.		35,200		2,500,256
AK Steel Holding Corp.		2,550		35,215
Alcoa, Inc.		23,019		278,760
Allegheny Technologies, Inc.		15,326		711,893
Carpenter Technology Corp.		6,840		230,576
Cliffs Natural Resources, Inc.		21,063		1,346,347
Compass Minerals International, Inc.		5,090		389,996
Freeport-McMoRan Copper & Gold, Inc.		123,971		10,585,884
Newmont Mining Corp.		73,982		4,646,809
Nucor Corp.		21,025		803,155
Reliance Steel & Aluminum Co.		1,305		54,197
Royal Gold, Inc.		1,408		70,175
Schnitzer Steel Industries, Inc., Class A		690		33,313
Southern Copper Corp.		26,307		923,902
Titanium Metals Corp.*		13,293		265,328
United States Steel Corp.		4,193		183,821
Walter Energy, Inc.		6,559		533,181

				23,592,808

*Paper & Forest Products* (*0.1%*)
International Paper Co.		52,826		1,148,966

Total Materials				56,932,307

Telecommunication Services (0.9%)
*Diversified Telecommunication Services* (*0.3%*)
Frontier Communications Corp.		58,871		480,976
Level 3 Communications, Inc.*		99,468		93,232
tw telecom, Inc.*		23,590		438,066
Verizon Communications, Inc.		108,300		3,529,497
Windstream Corp.		31,186		383,276

				4,925,047

*Wireless Telecommunication Services* (*0.6%*)
American Tower Corp., Class A*		62,846		3,221,486
Clearwire Corp., Class A*		18,031		145,871
Crown Castle International Corp.*		45,169		1,994,211
MetroPCS Communications, Inc.*		18,687		195,466
NII Holdings, Inc.*		117,754		4,839,689
SBA Communications Corp., Class A*		18,198		733,380

				11,130,103

Total Telecommunication Services				16,055,150

Utilities (0.0%)
*Electric Utilities* (*0.0%*)
ITC Holdings Corp.		6,853		426,599

*Independent Power Producers & Energy Traders* (*0.0%*)
Calpine Corp.*		25,246		314,313
Ormat Technologies, Inc.		1,557	$	45,418

				359,731

Total Utilities				786,330

Total Common Stocks (82.5%) (Cost $1,190,738,704)				1,455,715,918


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Short-Term Investment (15.8%)
BlackRock Liquidity Funds TempFund
0.23% ‡
(Amortized Cost $277,741,504)	$	277,741,504		277,741,504

Total Investments (98.3%) (Cost $1,468,480,208)				1,733,457,422
Other Assets Less Liabilities (1.7%)				29,894,854

Net Assets (100%)			$	1,763,352,276

*	Non-Income producing.

‡	Affiliated Company as defined under the Investment Company Act of 1940.

Glossary:

ADR — American Depositary Receipt

See Notes to Portfolio of Investments.

242

EQ ADVISORS TRUST

EQ/EQUITY GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in Companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	—	$	476,584,171	$	198,842,667	$	277,741,504	$	214,809	$	—

At September 30, 2010, the Portfolio had the following futures Contracts open: (Note 1)


Purchases	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
NASDAQ 100 E-Mini Index		1,533		December-10	$	57,813,768	$	61,182,030	$	3,368,262
S&P 500 E-Mini Index		4,313		December-10		236,827,736		245,129,355		8,301,619

									$	11,669,881

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	229,998,018	$	—	$	—	$	229,998,018
Consumer Staples		131,636,380		—		—		131,636,380
Energy		124,903,655		—		—		124,903,655
Financials		68,369,159		—		—		68,369,159
Health Care		150,575,512		—		—		150,575,512
Industrials		200,778,089		—		—		200,778,089
Information Technology		475,681,318		—		—		475,681,318
Materials		56,932,307		—		—		56,932,307
Telecommunication Services		16,055,150		—		—		16,055,150
Utilities		786,330		—		—		786,330
Futures		11,669,881		—		—		11,669,881
Short-Term Investments		—		277,741,504		—		277,741,504

Total Assets	$	1,467,385,799	$	277,741,504	$	—	$	1,745,127,303

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	1,467,385,799	$	277,741,504	$	—	$	1,745,127,303

See Notes to Portfolio of Investments.

243

EQ ADVISORS TRUST

EQ/EQUITY GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	540,158,823
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	1,039,925,459

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	266,255,791
Aggregate gross unrealized depreciation		(19,689,842	)

Net unrealized appreciation	$	246,565,949

Federal income tax cost of investments	$	1,486,891,473

See Notes to Portfolio of Investments.

244

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
LONG-TERM DEBT SECURITIES:
Asset-Backed and Mortgage-Backed Securities (0.7%)
*Asset-Backed Securities (0.1%)*
AEP Texas Central Transition Funding LLC,
Series 2002-1 A4
5.170%, 1/1/18	$	250,000	$	292,847
Ford Credit Auto Owner Trust,
Series 2009-E A3
1.510%, 1/15/14		115,000		116,154

				409,001

*Non-Agency CMO (0.6%)*
Banc of America Commercial Mortgage, Inc.,
Series 2005-3 AM
4.727%, 7/10/43		300,000		272,171
Series 2005-4 A5A
4.933%, 7/10/45		368,000		390,530
Series 2006-6 A4
5.356%, 10/10/45		484,000		515,905
Series 2007-1 A4
5.451%, 1/15/49		235,000		243,848
Citigroup Commercial Mortgage Trust, Inc.,
Series 2008-C7 A4
6.294%, 12/10/49(l)		335,000		360,406
Commercial Mortgage Pass Through Certificates,
Series 2006-C7 A4
5.961%, 6/10/46(l)		600,000		666,250
CS First Boston Mortgage Securities Corp.,
Series 2002-CKS4 A2
5.183%, 11/15/36		530,000		558,693
CW Capital Cobalt Ltd.,
Series 2007-C3 A4
6.013%, 5/15/46(l)		225,000		231,104
Greenwich Capital Commercial Funding Corp.,
Series 2005-GG5 A5
5.224%, 4/10/37(l)		395,000		427,719
JP Morgan Chase Commercial Mortgage Securities Corp.,
Series 2006-LDP7 A4
6.062%, 4/15/45(l)		415,000		460,006
Series 2007-CB18 AM
5.466%, 6/12/47(l)		45,000		41,349
Series 2007-CB20 A3
5.819%, 2/12/51		700,000		750,997
Morgan Stanley Capital I, Inc.,
Series 2007-IQ14 A4
5.692%, 4/15/49(l)		225,000		228,078
Wachovia Bank Commercial Mortgage Trust,
Series 2006-C25 A5
5.923%, 5/15/43(l)		800,000		880,845
Series 2007-C32 A2
5.928%, 6/15/49(l)		450,000		466,644
Series 2007-C33 A4
6.102%, 2/15/51(l)		210,000		219,212

				6,713,757

Total Asset-Backed and Mortgage-Backed Securities				7,122,758

Convertible Bond (0.5%)
Financials (0.5%)
*Real Estate Investment Trusts (REITs)* (*0.5%* )
iStar Financial, Inc.
1.033%, 10/1/12(l)	$	7,500,000	$	5,718,750

Total Financials				5,718,750

Total Convertible Bonds				5,718,750

Corporate Bonds (29.5%)
Consumer Discretionary (3.4%)
*Auto Components* (*0.2%* )
Allison Transmission, Inc.
Term Loan
3.010%, 8/7/14(l)	$	2,706,315		2,536,749

				2,536,749

*Automobiles* (*0.0%*)
Daimler Finance N.A. LLC
7.300%, 1/15/12		25,000		26,886
6.500%, 11/15/13		69,000		78,924

				105,810

*Hotels, Restaurants & Leisure* (*0.3%*)
Harrahs Operating Co, Inc.
11.250%, 6/1/17		1,000,000		1,095,000
McDonald’s Corp.
5.350%, 3/1/18		40,000		46,861
4.875%, 7/15/40		100,000		103,768
MGM Resorts International
6.750%, 4/1/13		2,000,000		1,857,500
Yum! Brands, Inc.
6.875%, 11/15/37		75,000		89,677

				3,192,806

*Household Durables* (*0.4%* )
Fortune Brands, Inc.
5.375%, 1/15/16		50,000		54,809
KB Home
5.750%, 2/1/14		4,000,000		3,865,000

				3,919,809

*Media* (*2.5%*)
Cablevision Systems Corp.
7.750%, 4/15/18		2,000,000		2,115,000
8.000%, 4/15/20		2,000,000		2,152,500
CBS Corp.
7.875%, 7/30/30		55,000		66,204
CCO Holdings LLC/CCO Holdings Capital Corp.
8.125%, 4/30/20§		2,800,000		2,968,000
Cequel Communications Holdings I, LLC
8.625%, 11/15/17§		2,000,000		2,110,000
Clear Channel Communications, Inc.
Term Loan B
3.910%, 11/13/15(l)		4,657,991		3,666,421
Clear Channel Worldwide Holdings, Inc.
9.250%, 12/15/17		1,400,000		1,493,000
Comcast Cable Communications Holdings, Inc.
9.455%, 11/15/22		25,000		35,259
Comcast Corp.
5.300%, 1/15/14		150,000		167,615
5.900%, 3/15/16		50,000		57,757
6.500%, 1/15/17		94,000		111,822
7.050%, 3/15/33		90,000		105,426

See Notes to Portfolio of Investments.

245

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
COX Communications, Inc.
7.125%, 10/1/12	$	100,000	$	110,709
Dex One Corp.
12.000%, 1/29/17 PIK		2,514,084		1,976,699
DIRECTV Holdings LLC/DIRECTV
Financing Co., Inc.
6.000%, 8/15/40		100,000		103,277
DisCovery Communications LLC
5.050%, 6/1/20		100,000		108,838
NBC Universal, Inc.
4.375%, 4/1/21§		100,000		101,218
5.950%, 4/1/41§		50,000		51,431
News America Holdings, Inc.
8.000%, 10/17/16		100,000		126,661
News America, Inc.
5.300%, 12/15/14		80,000		90,287
6.200%, 12/15/34		140,000		151,239
SuperMedia, Inc.
Term Loan
8.000%, 12/31/15		1,104,004		857,181
Time Warner Cable, Inc.
6.200%, 7/1/13		249,000		280,511
8.250%, 4/1/19		170,000		219,483
6.750%, 6/15/39		125,000		144,245
Time Warner, Inc.
7.625%, 4/15/31		294,000		364,513
7.700%, 5/1/32		143,000		178,696
Umbrella Acquisition, Inc.
9.750%, 3/15/15 PIK§		4,663,653		4,465,448
ViaCom, Inc.
6.250%, 4/30/16		69,000		80,935
Visant Corp.
10.000%, 10/1/17§		1,900,000		1,985,500

				26,445,875

*Multiline Retail* (*0.0%*)
Target Corp.
6.350%, 11/1/32		125,000		147,737
Wal-Mart Stores, Inc.
3.625%, 7/8/20		100,000		104,526

				252,263

*Specialty Retail* (*0.0%* )
Home Depot, Inc.
5.400%, 3/1/16		105,000		119,551
5.875%, 12/16/36		45,000		47,974
Lowe’s Cos., Inc.
5.800%, 10/15/36		45,000		50,279

				217,804

Total Consumer Discretionary				36,671,116

Consumer Staples (0.8%)
*Beverages* (*0.1%* )
Anheuser-Busch Cos., Inc.
6.450%, 9/1/37		130,000		153,814
Bottling Group LLC
4.625%, 11/15/12		61,000		65,663
Coca-Cola Enterprises, Inc.
7.375%, 3/3/14		56,000		67,316
Diageo Capital plc
5.500%, 9/30/16		213,000		248,445
Diageo Finance B.V.
5.300%, 10/28/15		95,000		109,399
PepsiCo, Inc.
7.900%, 11/1/18		144,000		191,848

				836,485

*Food & Staples Retailing (0.4%)*
Costco Wholesale Corp.
5.500%, 3/15/17	$	92,000	$	109,283
CVS Caremark Corp.
6.250%, 6/1/27		158,000		180,134
Kroger Co.
7.500%, 4/1/31		30,000		38,724
5.400%, 7/15/40		100,000		103,933
Safeway, Inc.
5.000%, 8/15/19		30,000		32,952
3.950%, 8/15/20		100,000		100,563
SUPERVALU, Inc.
8.000%, 5/1/16		3,300,000		3,324,750
Wal-Mart Stores, Inc.
5.000%, 4/5/12		254,000		270,219
5.250%, 9/1/35		102,000		109,223

				4,269,781

*Food Products (0.2% )*
Archer-Daniels-Midland Co.
6.450%, 1/15/38		25,000		31,057
General Mills, Inc.
6.000%, 2/15/12		115,000		122,658
JBS USA LLC/JBS USA
11.625%, 5/1/14§		1,500,000		1,732,500
Kellogg Co.
7.450%, 4/1/31		35,000		47,460
Kraft Foods, Inc.
5.625%, 11/1/11		61,000		64,066
6.125%, 8/23/18		150,000		177,259
7.000%, 8/11/37		45,000		55,214
6.875%, 2/1/38		66,000		80,034

				2,310,248

*Household Products (0.0%)*
Kimberly-Clark Corp.
6.125%, 8/1/17		50,000		61,047
3.625%, 8/1/20		50,000		52,206
Procter & Gamble Co.
5.800%, 8/15/34		128,000		153,875

				267,128

*Tobacco. (0.1%)*
Altria Group, Inc.
9.700%, 11/10/18		113,000		152,957
10.200%, 2/6/39		73,000		107,887
Philip Morris International, Inc.
5.650%, 5/16/18		63,000		73,761
6.375%, 5/16/38		100,000		123,241

				457,846

Total Consumer Staples				8,141,488

Energy (4.5%)
*Energy Equipment & Services (0.3%)*
Halliburton Co.
7.450%, 9/15/39		50,000		67,864
SEACOR Holdings, Inc.
7.375%, 10/1/19		900,000		981,438
SESI LLC
6.875%, 6/1/14		2,000,000		2,015,000
Transocean, Inc.
6.800%, 3/15/38		30,000		30,762
Weatherford International Ltd.
5.500%, 2/15/16		75,000		82,124

				3,177,188

See Notes to Portfolio of Investments.

246

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
*Oil, Gas & Consumable Fuels (4.2% )*
Anadarko Petroleum Corp.
5.950%, 9/15/16	$	80,000	$	87,355
6.450%, 9/15/36		50,000		50,060
Antero Resources Finance Corp.
9.375%, 12/1/17		1,000,000		1,062,500
Apache Corp.
5.625%, 1/15/17		50,000		57,812
ATP Oil & Gas Corp.
11.875%, 5/1/15§		1,500,000		1,293,750
Canadian Natural Resources Ltd.
6.250%, 3/15/38		112,000		128,758
Cenovus Energy, Inc.
5.700%, 10/15/19		240,000		281,235
Chesapeake Energy Corp.
6.500%, 8/15/17		4,000,000		4,150,000
6.875%, 8/15/18		800,000		838,000
7.250%, 12/15/18		6,000,000		6,465,000
6.875%, 11/15/20		1,300,000		1,378,000
ConocoPhillips
4.600%, 1/15/15		250,000		280,775
6.500%, 2/1/39		50,000		62,628
Denbury Resources, Inc.
8.250%, 2/15/20		697,000		760,601
El Paso Corp.
6.500%, 9/15/20§		2,800,000		2,849,000
7.750%, 1/15/32		1,700,000		1,765,210
EnCana Corp.
4.750%, 10/15/13		90,000		97,961
EnCana Holdings Finance Corp.
5.800%, 5/1/14		292,000		331,395
Enterprise Products Operating LLC
6.450%, 9/1/40		100,000		111,165
EOG Resources, Inc.
5.625%, 6/1/19		15,000		17,647
Hess Corp.
7.300%, 8/15/31		25,000		30,755
Kinder Morgan Energy Partners LP
5.000%, 12/15/13		193,000		210,678
6.850%, 2/15/20		425,000		506,681
Linn Energy LLC/Linn Energy Finance Corp.
8.625%, 4/15/20§		1,700,000		1,802,000
Marathon Oil Corp.
6.600%, 10/1/37		45,000		53,347
Nabors Industries, Inc.
6.150%, 2/15/18		290,000		322,764
Newfield Exploration Co.
6.625%, 4/15/16		1,800,000		1,872,000
Nexen, Inc.
6.400%, 5/15/37		75,000		81,727
ONEOK Partners LP
8.625%, 3/1/19		100,000		129,683
Pemex Project Funding Master Trust
6.625%, 6/15/35		175,000		191,175
Petrobras International Finance Co.
5.750%, 1/20/20		265,000		293,367
Petro-Canada, Inc.
5.950%, 5/15/35		20,000		21,238
6.800%, 5/15/38		15,000		17,781
PetroHawk Energy Corp.
7.875%, 6/1/15		4,200,000		4,399,500
Plains All American Pipeline LP
6.500%, 5/1/18		40,000		46,169
Plains Exploration & Production Co.
10.000%, 3/1/16		3,000,000		3,420,000
SandRidge Energy, Inc.
9.875%, 5/15/16§	$	2,000,000	$	2,065,000
8.000%, 6/1/18§		3,000,000		2,925,000
Shell International Finance B.V.
4.000%, 3/21/14		465,000		503,785
6.375%, 12/15/38		45,000		57,055
Spectra Energy Capital LLC
7.500%, 9/15/38		30,000		36,629
Statoil ASA
5.250%, 4/15/19		25,000		29,027
5.100%, 8/17/40		100,000		107,085
SuncorEnergy, Inc.
6.100%, 6/1/18		165,000		193,137
TransCanada PipeLines Ltd.
7.125%, 1/15/19		118,000		149,503
Valero Energy Corp.
6.625%, 6/15/37		111,000		111,471
W&T Offshore, Inc.
8.250%, 6/15/14§		4,000,000		3,840,000

				45,485,409

Total Energy				48,662,597

Financials (7.6%)
*Capital Markets (0.3% )*
Bank of New York Mellon Corp.
5.125%, 8/27/13		63,000		70,124
4.300%, 5/15/14		300,000		329,391
Bear Stearns Cos. LLC
6.400%, 10/2/17		155,000		180,539
Credit Suisse Guernsey Ltd.
5.860%, 12/31/49(l)		50,000		47,531
Deutsche Bank AG/London
4.875%, 5/20/13		566,000		614,827
Goldman Sachs Capital II
5.793%, 6/1/43(l)		50,000		42,437
Goldman Sachs Group, Inc.
5.250%, 10/15/13		113,000		122,819
5.125%, 1/15/15		84,000		90,935
5.350%, 1/15/16		83,000		91,252
5.750%, 10/1/16		130,000		144,410
5.625%, 1/15/17		215,000		227,672
6.125%, 2/15/33		146,000		158,836
6.750%, 10/1/37		121,000		125,770
Morgan Stanley
6.600%, 4/1/12		63,000		67,752
5.300%, 3/1/13		82,000		88,308
4.750%, 4/1/14		75,000		78,328
4.200%, 11/20/14		275,000		285,098
5.450%, 1/9/17		251,000		264,706
7.300%, 5/13/19		200,000		230,036
Nomura Holdings, Inc.
5.000%, 3/4/15		75,000		81,005

				3,341,776

*Commercial Banks (2.8% )*
Barclays Bank plc
6.750%, 5/22/19		225,000		267,383
CapitalSource, Inc.
4.000%, 7/15/34(e)		2,000,000		1,980,000
CIT Group, Inc.
7.000%, 5/1/15		6,000,000		5,955,000
7.000%, 5/1/16		6,500,000		6,402,500
7.000%, 5/1/17		6,000,000		5,872,500
HSBC Bank USA/New York
4.625%, 4/1/14		83,000		88,939

See Notes to Portfolio of Investments.

247

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
5.875%, 11/1/34	$	90,000	$	93,855
HSBC Holdings plc
6.500%, 5/2/36		92,000		102,428
JPMorgan Chase Bank N.A.
6.000%, 10/1/17		456,000		517,609
Kreditanstalt fuer Wiederaufbau
3.500%, 3/10/14		408,000		441,765
4.125%, 10/15/14		94,000		104,152
4.375%, 7/21/15		478,000		540,460
2.750%, 9/8/20		150,000		150,947
Landwirtschaftliche Rentenbank
5.125%, 2/1/17		123,000		144,377
PNC Funding Corp.
5.250%, 11/15/15		57,000		63,308
Regions Bank/Alabama
3.250%, 12/9/11		483,000		498,681
Royal Bank of Scotland plc
3.950%, 9/21/15		200,000		202,091
U.S. Bancorp
1.375%, 9/13/13		150,000		150,689
UBS AG/Connecticut
5.875%, 7/15/16		300,000		332,345
Wachovia Bank N.A.
5.600%, 3/15/16		113,000		125,715
6.600%, 1/15/38		409,000		464,182
Wells Fargo & Co.
5.375%, 2/7/35		57,000		60,205
Wells Fargo Capital X
5.950%, 12/15/36		100,000		97,430
Wells Fargo Capital XIII
7.700%, 12/29/49(l)		125,000		129,687
Wells Fargo Capital XV
9.750%, 9/29/49(l)		4,000,000		4,400,000
Westpac Banking Corp.
2.100%, 8/2/13		100,000		101,491

				29,287,739

*Consumer Finance (1.3%)*
American Express Co.
4.875%, 7/15/13		358,000		387,342
8.125%, 5/20/19		85,000		109,770
6.800%, 9/1/66(l)		30,000		30,000
Capital One Financial Corp.
7.375%, 5/23/14		275,000		321,022
Ford Motor Credit Co. LLC
8.000%, 6/1/14		6,000,000		6,561,132
7.000%, 4/15/15		4,000,000		4,274,320
HSBC Finance Corp.
5.250%, 4/15/15		225,000		247,003
International Lease Finance Corp.
8.625%, 9/15/15§		500,000		535,000
8.750%, 3/15/17§		1,400,000		1,501,500
SLM Corp.
5.375%, 5/15/14		125,000		121,633
8.450%, 6/15/18		50,000		50,503

				14,139,225

*Diversified Financial Services (2.4%)*
Bank of America Corp.
2.100%, 4/30/12		323,000		330,958
4.875%, 1/15/13		89,000		94,497
4.750%, 8/1/15		75,000		79,235
5.250%, 12/1/15		476,000		503,535
5.625%, 10/14/16		75,000		80,963
5.650%, 5/1/18		550,000		582,728
Bank of America N.A.
5.300%, 3/15/17	$	106,000	$	109,096
BP Capital Markets plc
5.250%, 11/7/13		110,000		119,805
4.500%, 10/1/20		100,000		102,261
Capital One Capital III
7.686%, 8/15/36		25,000		25,375
Capital One Capital IV
6.745%, 2/17/37(l)		20,000		19,900
Caterpillar Financial Services Corp.
7.150%, 2/15/19		235,000		302,750
CEVA Group plc
11.500%, 4/1/18§		2,900,000		3,030,500
Citigroup Funding, Inc.
2.250%, 12/10/12		495,000		512,038
Citigroup, Inc.
5.250%, 2/27/12		156,000		163,857
5.500%, 10/15/14		350,000		379,774
5.300%, 1/7/16		274,000		291,991
5.850%, 8/2/16		58,000		62,697
5.850%, 12/11/34		55,000		55,421
ConocoPhillips Canada Funding Co. I
5.625%, 10/15/16		146,000		172,167
Credit Suisse USA, Inc.
7.125%, 7/15/32		162,000		208,164
General Electric Capital Corp.
4.875%, 3/4/15		65,000		71,378
5.400%, 2/15/17		72,000		79,301
5.625%, 9/15/17		391,000		436,789
6.750%, 3/15/32		148,000		164,537
6.150%, 8/7/37		128,000		134,047
6.375%, 11/15/67(l)		100,000		99,750
Icahn Enterprises LP/Icahn Enterprises Finance Corp.
7.750%, 1/15/16		1,500,000		1,507,500
8.000%, 1/15/18		500,000		502,500
JPMorgan Chase & Co.
6.625%, 3/15/12		90,000		96,797
2.125%, 12/26/12		625,000		645,419
3.700%, 1/20/15		225,000		237,674
5.150%, 10/1/15		393,000		430,913
7.900%, 4/29/49(l)		9,468,000		10,146,193
Lyondell Chemical Co.
8.000%, 11/1/17§		600,000		655,500
National Rural Utilities Cooperative Finance Corp.
5.450%, 4/10/17		82,000		94,503
Petroplus Finance Ltd.
7.000%, 5/1/17§		3,500,000		3,045,000
Unilever Capital Corp.
5.900%, 11/15/32		30,000		36,137

				25,611,650

*Insurance* (*0.2%*)
ACE INA Holdings, Inc.
5.875%, 6/15/14		81,000		92,030
Allstate Corp.
7.500%, 6/15/13		77,000		88,599
6.125%, 5/15/37(l)		20,000		18,600
6.500%, 5/15/57(l)		20,000		18,550
American International Group, Inc.
5.600%, 10/18/16		80,000		81,600
5.850%, 1/16/18		106,000		109,710
AON Corp.
5.000%, 9/30/20		50,000		51,061
Berkshire Hathaway Finance Corp.
4.750%, 5/15/12		110,000		116,840

See Notes to Portfolio of Investments.

248

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
4.850%, 1/15/15	$	225,000	$	253,158
Chubb Corp.
6.000%, 5/11/37		25,000		28,735
6.375%, 3/29/67(l)		50,000		49,250
Hartford Financial Services Group, Inc.
6.100%, 10/1/41		75,000		70,077
Marsh & McLennan Cos., Inc.
9.250%, 4/15/19		35,000		45,880
MetLife, Inc.
6.125%, 12/1/11		79,000		83,529
6.750%, 6/1/16		225,000		268,595
5.700%, 6/15/35		67,000		71,225
6.400%, 12/15/36		50,000		46,750
Nationwide Financial Services, Inc.
6.750%, 5/15/37		10,000		8,720
Prudential Financial, Inc.
5.100%, 9/20/14		200,000		218,617
6.625%, 6/21/40		50,000		57,373
Travelers Cos., Inc.
5.750%, 12/15/17		65,000		74,602
6.250%, 3/15/37(l)		50,000		48,000
Travelers Property Casualty Corp.
6.375%, 3/15/33		25,000		29,268

				1,930,769

*Real Estate Investment Trusts (REITs)* (*0.6%* )
AvalonBay Communities, Inc.
6.125%, 11/1/12		75,000		81,848
Boston Properties LP
5.625%, 11/15/20		70,000		76,820
Boston Properties, Inc.
5.000%, 6/1/15		60,000		65,721
ERP Operating LP
5.250%, 9/15/14		45,000		49,763
HCP, Inc.
6.000%, 1/30/17		45,000		48,035
Hospitality Properties Trust
6.300%, 6/15/16		55,000		58,626
Host Hotels & Resorts LP
Series O
6.375%, 3/15/15		4,500,000		4,606,875
iStar Financial, Inc.
8.625%, 6/1/13		1,800,000		1,467,000
Simon Property Group LP
6.100%, 5/1/16		160,000		185,906

				6,640,594

Total Financials				80,951,753

Health Care (2.3%)
*Biotechnology* (*0.0%*)
Amgen, Inc.
3.450%, 10/1/20		150,000		151,007
6.400%, 2/1/39		40,000		48,431

				199,438

*Health Care Equipment & Supplies* (*0.1%*)
Baxter International, Inc.
5.375%, 6/1/18		332,000		387,756
Covidien International Finance S.A.
6.000%, 10/15/17		187,000		222,347

				610,103

*Health Care Providers & Services* (*2.0%*)
Aetna, Inc.
6.000%, 6/15/16		116,000		136,099
HCA, Inc.
6.500%, 2/15/16	$	6,000,000	$	6,000,000
8.500%, 4/15/19		6,000,000		6,690,000
Medco Health Solutions, Inc.
4.125%, 9/15/20		100,000		101,260
Tenet Healthcare Corp.
9.250%, 2/1/15		5,000,000		5,368,750
U.S. Oncology Holdings, Inc.
6.737%, 3/15/12 PIK(l)		3,359,000		3,182,653
UnitedHealth Group, Inc.
5.800%, 3/15/36		86,000		89,992

				21,568,754

*Pharmaceuticals (0.2% )*
Abbott Laboratories, Inc.
5.875%, 5/15/16		61,000		73,299
5.125%, 4/1/19		50,000		57,627
6.000%, 4/1/39		125,000		148,158
AstraZeneca plc
5.900%, 9/15/17		63,000		75,833
Bristol-Myers Squibb Co.
5.250%, 8/15/13		164,000		182,415
Eli Lilly and Co.
5.200%, 3/15/17		283,000		328,108
GlaxoSmithKline Capital, Inc.
5.650%, 5/15/18		185,000		219,782
5.375%, 4/15/34		55,000		60,003
Johnson & Johnson
4.950%, 5/15/33		105,000		114,962
Merck & Co., Inc.
5.300%, 12/1/13		326,000		367,283
4.750%, 3/1/15		80,000		90,818
Pfizer, Inc.
4.650%, 3/1/18		50,000		56,247
7.200%, 3/15/39		55,000		74,829
Wyeth
5.500%, 2/1/14		191,000		216,756

				2,066,120

Total Health Care				24,444,415

Industrials (2.4%)
*Aerospace & Defense (0.1% )*
Boeing Co.
5.000%, 3/15/14		450,000		506,357
Goodrich Corp.
3.600%, 2/1/21		100,000		100,258
6.800%, 7/1/36		25,000		30,475
Honeywell International, Inc.
5.400%, 3/15/16		94,000		110,327
5.300%, 3/1/18		85,000		99,420
Lockheed Martin Corp.
6.150%, 9/1/36		35,000		41,379
Raytheon Co.
6.400%, 12/15/18		50,000		61,130
United Technologies Corp.
4.875%, 5/1/15		93,000		106,553
6.125%, 2/1/19		233,000		288,262

				1,344,161

*Air Freight & Logistics (0.0%)*
United Parcel Service, Inc.
5.500%, 1/15/18		60,000		71,073

*Airlines (0.0%)*
Southwest Airlines Co.
5.750%, 12/15/16		50,000		54,567

See Notes to Portfolio of Investments.

249

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
*Building Products* (*0.0%*)
CRH America, Inc.
6.000%, 9/30/16	$	83,000	$	92,928

*Commercial Services & Supplies* (*0.2%*)
Ceridian Corp.
11.250%, 11/15/15		2,000,000		1,845,000
Pitney Bowes, Inc.
5.000%, 3/15/15		50,000		54,001
R.R. Donnelley & Sons Co.
6.125%, 1/15/17		75,000		78,524
Waste Management, Inc.
7.375%, 3/11/19		152,000		190,516

				2,168,041

*Industrial Conglomerates* (*0.5%*)
3M Co.
5.700%, 3/15/37		25,000		29,461
General Electric Co.
5.000%, 2/1/13		623,000		676,543
RBS Global, Inc./Rexnord LLC
11.750%, 8/1/16		2,000,000		2,140,000
8.500%, 5/1/18		2,200,000		2,235,750
Tyco International Finance S.A.
4.125%, 10/15/14		150,000		163,265

				5,245,019

*Machinery* (*0.6%*)
Deere & Co.
6.950%, 4/25/14		73,000		87,051
8.100%, 5/15/30		68,000		95,217
Manitowoc Co., Inc.
9.500%, 2/15/18		1,000,000		1,045,000
Terex Corp.
8.000%, 11/15/17		5,000,000		5,006,250

				6,233,518

*Road & Rail* (*1.0%*)
Burlington Northern Santa Fe LLC
5.750%, 3/15/18		265,000		307,463
Canadian National Railway Co.
5.550%, 5/15/18		48,000		56,569
6.200%, 6/1/36		55,000		67,332
CHC Helicopter S.A.
9.250%, 10/15/20§		2,000,000		2,020,000
CSX Corp.
5.500%, 8/1/13		66,000		73,046
7.375%, 2/1/19		100,000		125,539
Hertz Corp.
8.875%, 1/1/14		7,000,000		7,183,750
10.500%, 1/1/16		500,000		531,250
Norfolk Southern Corp.
5.900%, 6/15/19		40,000		47,560
Union Pacific Corp.
6.150%, 5/1/37		25,000		29,007

				10,441,516

Total Industrials				25,650,823

Information Technology (2.8%)
*Communications Equipment* (*0.0%* )
American Tower Corp.
5.050%, 9/1/20		75,000		76,815
Cisco Systems, Inc.
5.500%, 2/22/16		121,000		142,737
5.900%, 2/15/39		80,000		92,456

				312,008

*Computers & Peripherals* (*0.0%* )
Hewlett-Packard Co.
5.500%, 3/1/18	$	156,000	$	184,199

*Electronic Equipment, Instruments & Components* (*0.2%* )
Sanmina-SCI Corp.
8.125%, 3/1/16		2,000,000		2,050,000

*IT Services (1.5% )*
First Data Corp.
9.875%, 9/24/15		8,500,000		6,900,000
Term Loan
3.010%, 9/24/14(l)		9,391,586		8,263,326
International Business Machines Corp.
4.750%, 11/29/12		152,000		165,272
5.600%, 11/30/39		135,000		155,350

				15,483,948

*Office Electronics* (*0.0%*)
Xerox Corp.
5.500%, 5/15/12		100,000		106,401

*Semiconductors & Semiconductor Equipment* (*1.0%*)
Freescale Semiconductor, Inc.
10.125%, 12/15/16		1,750,000		1,592,500
9.250%, 4/15/18§		3,300,000		3,432,000
10.750%, 8/1/20§		5,750,000		5,764,375

				10,788,875

*Software* (*0.1%* )
Microsoft Corp.
2.950%, 6/1/14		85,000		90,120
4.500%, 10/1/40		50,000		49,673
Oracle Corp.
3.750%, 7/8/14		135,000		147,124
5.250%, 1/15/16		561,000		652,505

				939,422

Total Information Technology				29,864,853

Materials (1.2%)
*Chemicals* (*0.8%* )
Dow Chemical Co.
7.600%, 5/15/14		75,000		87,603
8.550%, 5/15/19		50,000		63,135
9.400%, 5/15/39		40,000		56,619
E.I. du Pont de Nemours & Co.
5.250%, 12/15/16		94,000		110,094
4.900%, 1/15/41		50,000		49,846
Eastman Chemical Co.
7.250%, 1/15/24		50,000		61,255
Huntsman International LLC
7.875%, 11/15/14		2,000,000		2,075,000
7.375%, 1/1/15		1,000,000		1,015,000
8.625%, 3/15/21§		300,000		310,500
Ineos Group Holdings plc
7.875%, 2/15/16§	EUR	4,000,000		4,566,888
Lubrizol Corp.
8.875%, 2/1/19	$	55,000		71,455
Potash Corp of Saskatchewan, Inc.
5.875%, 12/1/36		20,000		20,782

				8,488,177

*Metals & Mining* (*0.4%* )
Alcoa, Inc.
5.375%, 1/15/13		100,000		106,320
ArcelorMittal S.A.
6.125%, 6/1/18		205,000		221,711
Barrick Gold Finance Co.
4.875%, 11/15/14		125,000		137,664

See Notes to Portfolio of Investments.

250

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
BHP Billiton Finance USA Ltd.
5.250%, 12/15/15	$	50,000	$	57,149
6.500%, 4/1/19		160,000		196,372
Consol Energy, Inc.
8.250%, 4/1/20§		1,400,000		1,529,500
Newmont Mining Corp.
5.875%, 4/1/35		30,000		32,523
Novelis, Inc.
Term Loan
2.270%, 7/7/14		1,378,761		1,333,090
Rio Tinto Alcan, Inc.
4.500%, 5/15/13		210,000		224,357
Teck Resources Ltd.
4.500%, 1/15/21		100,000		103,602
Vale Overseas Ltd.
6.875%, 11/21/36		117,000		133,668

				4,075,956

*Paper & Forest Products (0.0%)*
International Paper Co.
9.375%, 5/15/19		40,000		51,891
7.500%, 8/15/21		50,000		59,816
NewPage Corp.
10.000%, 5/1/12		1,000,000		511,250

				622,957

Total Materials				13,187,090

Telecommunication Services (0.7%)
*Diversified Telecommunication Services (0.6%)*
AT&T, Inc.
5.875%, 8/15/12		61,000		66,393
5.100%, 9/15/14		109,000		122,383
5.500%, 2/1/18		75,000		86,989
6.150%, 9/15/34		158,000		172,956
6.550%, 2/15/39		45,000		52,334
BellSouth Corp.
6.000%, 10/15/11		123,000		129,646
5.200%, 9/15/14		62,000		69,722
British Telecommunications plc
9.875%, 12/15/30		80,000		111,389
Deutsche Telekom International Finance B.V.
5.250%, 7/22/13		96,000		105,302
8.750%, 6/15/30		57,000		79,814
France Telecom S.A.
4.375%, 7/8/14		100,000		110,246
Frontier Communications Corp.
8.250%, 4/15/17		700,000		765,625
8.500%, 4/15/20		700,000		772,625
Qwest Corp.
8.375%, 5/1/16		140,000		165,550
Telecom Italia Capital S.A.
5.250%, 10/1/15		368,000		397,122
Telefonica Emisiones S.A.U.
6.421%, 6/20/16		299,000		350,449
Verizon Communications, Inc.
7.375%, 9/1/12		76,000		85,177
4.900%, 9/15/15		82,000		93,320
8.750%, 11/1/18		300,000		408,216
7.750%, 12/1/30		155,000		200,116
Virgin Media Secured Finance plc
7.000%, 1/15/18	GBP	900,000		1,502,173

				5,847,547

*Wireless Telecommunication Services (0.1%)*
America Movil S.A.B. de C.V.
6.375%, 3/1/35	$	50,000		56,876
AT&T Mobility LLC
7.125%, 12/15/31	$	280,000	$	345,060
Cellco Partnership/Verizon Wireless Capital LLC
7.375%, 11/15/13		100,000		118,334
Rogers Communications, Inc.
7.250%, 12/15/12		105,000		118,314
6.250%, 6/15/13		275,000		309,454
Vodafone Group plc
5.000%, 12/16/13		94,000		103,340
4.150%, 6/10/14		45,000		48,603
6.150%, 2/27/37		25,000		29,277

				1,129,258

Total Telecommunication Services				6,976,805

Utilities (3.8%)
*Electric Utilities (2.6%)*
Alabama Power Co.
5.700%, 2/15/33		25,000		27,923
Baltimore Gas & Electric Co.
5.900%, 10/1/16		122,000		143,403
Calpine Construction Finance Co.
LP/ CCFC Finance Corp.
8.000%, 6/1/16§		1,000,000		1,070,000
Commonwealth Edison Co.
6.150%, 9/15/17		144,000		170,586
Consolidated Edison Co. of New York, Inc.
Series 05-C
5.375%, 12/15/15		85,000		99,510
Series 08-A
5.850%, 4/1/18		175,000		207,366
Detroit Edison Co.
3.450%, 10/1/20		100,000		101,549
Duke Energy Carolinas LLC
Series C
7.000%, 11/15/18		26,000		33,185
Duke Energy Corp.
6.250%, 1/15/12		182,000		194,790
5.050%, 9/15/19		165,000		183,595
Duke Energy Indiana, Inc.
3.750%, 7/15/20		100,000		104,438
Edison International
3.750%, 9/15/17		100,000		102,533
Energy Future Holdings Corp.
Series R
6.550%, 11/15/34		9,000,000		3,420,000
Entergy Corp.
5.125%, 9/15/20		50,000		49,837
Exelon Corp.
5.625%, 6/15/35		80,000		80,923
FirstEnergy Corp.
Series C
7.375%, 11/15/31		160,000		173,847
Florida Power & Light Co.
5.850%, 5/1/37		30,000		34,760
Georgia Power Co.
6.000%, 11/1/13		60,000		68,489
5.950%, 2/1/39		90,000		104,566
MidAmerican Energy Holdings Co.
5.875%, 10/1/12		76,000		82,469
5.750%, 4/1/18		70,000		81,464
6.125%, 4/1/36		130,000		148,726
Northern States Power Co.
5.250%, 3/1/18		25,000		28,859

See Notes to Portfolio of Investments.

251

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Series B
8.000%, 8/28/12	$	90,000	$	101,903
Ohio Power Co.
6.000%, 6/1/16		65,000		75,597
Series G
6.600%, 2/15/33		125,000		145,442
Oncor Electric Delivery Co. LLC
6.375%, 5/1/12		79,000		86,044
6.375%, 1/15/15		265,000		308,075
Pacific Gas & Electric Co.
4.800%, 3/1/14		75,000		82,564
5.800%, 3/1/37		65,000		72,185
Progress Energy, Inc.
7.750%, 3/1/31		135,000		178,214
PSEG Power LLC
5.500%, 12/1/15		325,000		366,725
Public Service Co. of New Mexico
7.950%, 5/15/18		1,300,000		1,434,841
Southern California Edison Co.
6.000%, 1/15/34		45,000		53,308
Texas Competitive Electric Holdings Co. LLC
10.500%, 11/1/16 PIK		1,019,952		591,572
Series A
10.250%, 11/1/15		8,000,000		5,240,000
Series B
10.250%, 11/1/15		6,150,000		4,028,250
Term Loan
3.289%, 10/10/14(l)		3,989,950		3,094,429
3.758%, 10/10/14(l)		7,171,568		5,561,953
Virginia Electric & Power Co.
Series A
5.950%, 9/15/17		100,000		119,286

				28,253,206

*Gas Utilities (0.2%)*
Atmos Energy Corp.
8.500%, 3/15/19		70,000		90,996
Enbridge, Inc.
5.600%, 4/1/17		250,000		288,274
Energy Transfer Equity LP
7.500%, 10/15/20		1,200,000		1,263,000
Williams Partners LP
5.250%, 3/15/20		100,000		108,708

				1,750,978

*Independent Power Producers & Energy Traders (0.7%)*
Dynegy Holdings, Inc.
7.500%, 6/1/15		2,000,000		1,575,000
8.375%, 5/1/16		2,500,000		1,950,000
7.750%, 6/1/19		3,500,000		2,397,500
RRI Energy, Inc.
7.875%, 6/15/17		1,800,000		1,678,500
Tennessee Valley Authority
5.250%, 9/15/39		100,000		116,063

				7,717,063

*Multi-Utilities (0.3%)*
Calpine Corp.
7.250%, 10/15/17§		1,000,000		1,017,500
7.875%, 7/31/20§		800,000		822,000
Dominion Resources, Inc.
5.000%, 12/1/14		81,000		90,789
8.875%, 1/15/19		163,000		221,724
5.950%, 6/15/35		30,000		34,070
DTE Energy Co.
6.350%, 6/1/16		60,000		70,187
Dynegy-Roseton/Danskammer Trust
Series B
7.670%, 11/8/16	$	750,000	$	693,750
Sempra Energy
6.000%, 10/15/39		70,000		79,049

				3,029,069

Total Utilities				40,750,316

Total Corporate Bonds				315,301,256

Government Securities (15.6%)
*Agency ABS (0.1%)*
Federal Home Loan Bank
0.875%, 8/22/12	$	300,000		301,907
Federal National Mortgage Association
1.500%, 6/26/13		1,090,000		1,111,302

				1,413,209

*Foreign Governments (0.3%)*
Canadian Government Bond
2.375%, 9/10/14		285,000		298,625
Federative Republic of Brazil
8.000%, 1/15/18		445,000		531,998
5.875%, 1/15/19		155,000		181,737
5.625%, 1/7/41		200,000		219,500
Province of British Columbia
4.300%, 5/30/13		15,000		16,393
Province of Nova Scotia
5.125%, 1/26/17		50,000		58,223
Province of Ontario
4.100%, 6/16/14		590,000		648,134
4.500%, 2/3/15		96,000		107,950
4.750%, 1/19/16		47,000		53,665
Province of Quebec
4.600%, 5/26/15		47,000		53,244
7.500%, 9/15/29		82,000		119,474
Republic of Italy
4.375%, 6/15/13		78,000		82,690
4.500%, 1/21/15		129,000		138,205
4.750%, 1/25/16		49,000		52,660
6.875%, 9/27/23		29,000		35,180
5.375%, 6/15/33		122,000		124,194
Republic of Panama
6.700%, 1/26/36		100,000		122,750
Republic of Peru
7.125%, 3/30/19		260,000		325,650
Republic of Poland
5.000%, 10/19/15		33,000		36,057
Republic of South Africa
6.500%, 6/2/14		31,000		35,262
United Mexican States
6.375%, 1/16/13		106,000		118,031
6.750%, 9/27/34		194,000		241,045

				3,600,667

*Municipal Bonds (0.3%)*
Los Angeles, California Community College District
6.750%, 8/1/49		50,000		55,933
Metropolitan Transportation Authority
7.336%, 11/15/39		105,000		130,894
Municipal Electric Authority of Georgia
6.655%, 4/1/57		150,000		158,956
New Jersey State Turnpike Authority
7.414%, 1/1/40		140,000		173,817
Port Authority of New York & New Jersey
6.040%, 12/1/29		70,000		75,932

See Notes to Portfolio of Investments.

252

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
State of California
7.950%, 3/1/36	$	2,000,000	$	2,144,200
7.550%, 4/1/39		200,000		217,502
State of Illinois
5.100%, 6/1/33		230,000		192,970

				3,150,204

*Supranational (0.2%)*
Asian Development Bank
2.625%, 2/9/15		360,000		379,504
Eksportfinans A/S
5.500%, 5/25/16		60,000		70,073
European Investment Bank
4.250%, 7/15/13		200,000		218,349
3.000%, 4/8/14		130,000		138,440
4.625%, 5/15/14		123,000		137,991
4.625%, 10/20/15		665,000		761,817
Inter-American Development Bank
5.125%, 9/13/16		375,000		443,077
International Bank for Reconstruction & Development
7.625%, 1/19/23		137,000		198,857
Korea Development Bank
3.250%, 3/9/16		100,000		100,112

				2,448,220

*U.S. Government Agencies (8.1%)*
Federal Farm Credit Bank
4.875%, 1/17/17		180,000		209,153
Federal Home Loan Bank
4.000%, 9/6/13		400,000		436,337
3.625%, 10/18/13		1,010,000		1,096,040
5.250%, 6/5/17		595,000		705,079
Federal Home Loan Mortgage Corp.
5.125%, 7/15/12		2,341,000		2,532,330
4.875%, 11/15/13		1,619,000		1,819,583
5.500%, 11/1/18		66,303		71,778
5.500%, 5/1/20		45,555		49,231
5.500%, 12/1/21		105,218		113,381
5.500%, 3/1/22		118,219		127,390
6.750%, 9/15/29		178,000		244,129
6.250%, 7/15/32		264,000		354,491
6.000%, 12/1/33		322,305		352,584
6.000%, 8/1/36		2,557,041		2,759,706
5.663%, 11/1/36(l)		1,178,103		1,258,361
6.000%, 11/1/36		2,570,982		2,774,752
5.927%, 4/1/37(l)		764,703		816,798
5.000%, 1/1/38		1,025,532		1,077,250
4.500%, 10/1/39		4,040,937		4,203,837
4.000%, 10/15/25 TBA		1,000,000		1,043,594
4.000%, 10/15/40 TBA		2,000,000		2,052,109
4.500%, 10/15/40 TBA		2,000,000		2,079,531
5.000%, 10/15/40 TBA		2,600,000		2,731,625
5.500%, 10/15/40 TBA		1,500,000		1,590,762
Federal National Mortgage Association
5.375%, 11/15/11		490,000		517,451
1.750%, 8/10/12		1,000,000		1,022,536
3.000%, 9/16/14		610,000		652,169
4.625%, 10/15/14		251,000		284,415
5.000%, 4/15/15		408,000		472,666
5.375%, 6/12/17		2,371,000		2,849,115
5.000%, 2/1/18		242,115		258,530
5.000%, 11/1/18		423,228		452,143
5.000%, 12/1/18		705,268		753,562
5.000%, 10/1/19		249,429		266,392
5.500%, 3/1/20		86,596		93,781
4.500%, 9/1/20	$	1,078,320	$	1,145,336
5.000%, 1/1/21		562,442		600,956
5.000%, 3/1/21		48,957		52,287
6.000%, 9/1/21		140,052		151,705
5.500%, 12/1/22		784,861		844,584
5.000%, 2/1/24		99,530		105,552
4.500%, 4/1/24		593,297		624,514
4.000%, 6/1/24		935,359		977,925
4.000%, 1/1/25		114,906		120,890
4.000%, 2/1/25		532,225		556,113
4.000%, 3/1/25		575,556		601,388
4.500%, 5/1/25		1,171,410		1,231,948
6.250%, 5/15/29		164,000		214,388
5.500%, 7/1/33		2,071,546		2,223,351
5.000%, 11/1/33		2,274,770		2,412,412
5.000%, 6/1/35		1,190,440		1,261,168
4.500%, 10/1/35		654,401		686,022
5.500%, 1/1/36		1,518,138		1,623,222
5.500%, 1/1/37		679,261		723,731
5.000%, 5/1/37		320,796		337,651
5.000%, 7/1/37		83,680		88,076
6.000%, 9/1/37		1,060,434		1,142,582
6.000%, 12/1/37		59,972		64,480
6.000%, 5/1/38		180,505		193,958
6.000%, 8/1/38		210,679		226,382
6.500%, 9/1/38		1,245,884		1,358,111
6.000%, 11/1/38		71,826		77,157
6.500%, 1/1/39		1,755,479		1,914,707
5.500%, 3/1/39		3,638,629		3,867,749
4.500%, 6/1/39		1,201,677		1,252,232
4.500%, 7/1/39		2,247,955		2,342,528
5.000%, 7/1/39		1,000,000		1,052,539
4.000%, 8/1/39		760,344		783,600
4.000%, 9/1/39		486,050		500,309
6.000%, 9/1/39		1,856,051		1,997,285
5.000%, 3/1/40		1,123,350		1,182,370
4.500%, 4/1/40		388,469		404,812
4.500%, 7/1/40		696,370		725,667
Government National Mortgage Association
5.500%, 5/20/36		2,675,320		2,880,149
5.000%, 9/15/39		993,990		1,058,871
5.000%, 9/20/40		2,003,860		2,142,173
4.500%, 10/15/40 TBA		4,000,000		4,210,000
5.000%, 10/15/40 TBA		2,000,000		2,129,688

				86,213,159

*U.S. Treasuries (6.6%)*
U.S. Treasury Bonds
8.750%, 5/15/17		501,000		719,365
8.125%, 8/15/19		629,000		920,060
3.625%, 2/15/20		695,000		762,274
8.500%, 2/15/20		592,000		893,550
8.000%, 11/15/21		470,000		708,892
6.250%, 8/15/23		1,780,000		2,410,787
6.375%, 8/15/27		1,138,000		1,607,780
5.375%, 2/15/31		282,000		363,075
4.500%, 2/15/36		300,000		344,953
5.000%, 5/15/37		44,000		54,636
4.375%, 2/15/38		587,000		661,476
4.500%, 5/15/38		1,150,000		1,322,679
4.250%, 5/15/39		90,000		98,944
4.500%, 8/15/39		325,000		372,125
4.375%, 11/15/39		915,000		1,026,516
4.625%, 2/15/40		830,000		969,804
4.375%, 5/15/40		540,000		606,490

See Notes to Portfolio of Investments.

253

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
3.875%, 8/15/40	$	600,000	$	620,250
U.S. Treasury Notes
0.875%, 2/29/12		2,850,000		2,871,717
4.625%, 2/29/12		2,780,000		2,948,321
1.000%, 4/30/12		1,180,000		1,191,894
1.375%, 5/15/12		2,275,000		2,311,880
1.875%, 6/15/12		910,000		933,354
0.625%, 6/30/12		5,000,000		5,020,300
4.250%, 9/30/12		522,000		561,843
3.875%, 10/31/12		727,000		779,367
1.125%, 12/15/12		1,000,000		1,014,062
1.375%, 2/15/13		6,825,000		6,962,032
1.750%, 4/15/13		4,250,000		4,378,477
1.500%, 12/31/13		1,396,000		1,430,791
2.375%, 8/31/14		49,000		51,699
4.000%, 2/15/15		284,000		319,345
2.375%, 2/28/15		3,130,000		3,301,649
2.500%, 3/31/15		4,400,000		4,665,716
4.125%, 5/15/15		312,000		353,608
1.875%, 6/30/15		800,000		824,375
1.750%, 7/31/15		900,000		921,654
1.250%, 8/31/15		2,400,000		2,399,251
3.250%, 6/30/16		685,000		750,022
4.875%, 8/15/16		372,000		441,605
3.000%, 2/28/17		240,000		258,113
4.500%, 5/15/17		1,627,000		1,901,683
2.500%, 6/30/17		700,000		729,312
4.250%, 11/15/17		730,000		844,690
3.625%, 8/15/19		615,000		676,308
3.375%, 11/15/19		3,065,000		3,301,820
3.500%, 5/15/20		3,640,000		3,951,111

				70,559,655

Total Government Securities				167,385,114

Total Long-Term Debt Securities (46.3%) (Cost $477,182,426)				495,527,878


	Number of Shares		Value (Note 1)
CONVERTIBLE PREFERRED STOCKS:
Consumer Discretionary (0.2%)
*Automobiles* (*0.2%*)
Motors Liquidation Co.
6.250%*		200,000		1,586,000

Total Consumer Discretionary				1,586,000

Financials (2.2%)
*Commercial Banks* (*0.6%* )
Wells Fargo & Co.
7.500%		7,000		7,042,000

*Diversified Financial Services* (*1.3%*)
Bank of America Corp.
7.250%		8,210		8,056,063
Citigroup, Inc.
7.500%		50,000		5,925,500

				13,981,563

*Real Estate Investment Trusts (REITs)* (*0.3%* )
FelCor Lodging Trust, Inc.
1.950%*		130,000	$	2,807,194

*Thrifts & Mortgage Finance* (*0.0%*)
Fannie Mae
5.375%*		80		110,000
8.750%*		189,400		77,654

				187,654

Total Financials				24,018,411

Total Convertible Preferred Stocks (2.4%) (Cost $38,898,040)				25,604,411

PREFERRED STOCKS:
Energy (0.3%)
*Oil, Gas & Consumable Fuels* (*0.3%* )
Chesapeake Energy Corp.
5.750%§		2,500		2,543,750

Total Energy				2,543,750

Financials (0.4%)
*Commercial Banks* (*0.4%* )
GMAC, Inc.
7.000%§		4,046		3,712,205

*Thrifts & Mortgage Finance* (*0.0%*)
Fannie Mae
6.750%*		200,000		70,000
7.625%*		306,800		113,823
8.250%(l)*		149,600		65,076
Freddie Mac
8.375%(l)*		288,100		123,883

				372,782

Total Financials				4,084,987

Health Care (0.1%)
*Health Care Providers & Services* (*0.1%*)
Tenet Healthcare Corp.
7.000%		1,500		1,278,750

Total Health Care				1,278,750

Materials (0.1%)
*Metals & Mining* (*0.1%* )
AngloGold Ashanti Ltd.
6.000%*		20,000		1,064,100

Total Materials				1,064,100

Utilities (0.1%)
*Electric Utilities* (*0.1%*)
NextEra Energy, Inc.
8.375%		20,000		1,062,000

Total Utilities				1,062,000

Total Preferred Stocks (1.0%) (Cost $30,875,379)				10,033,587

COMMON STOCKS:
Consumer Discretionary (3.0%)
*Auto Components* (*0.0%* )
Goodyear Tire & Rubber Co.*		4,300		46,225
Johnson Controls, Inc.		13,245		403,972

				450,197

*Automobiles* (*0.1%*)
Ford Motor Co.*		67,604		827,473

See Notes to Portfolio of Investments.

254

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Harley-Davidson, Inc.		4,400	$	125,136

				952,609

*Distributors* (*0.0%*)
Genuine Parts Co.		3,118		139,032

*Diversified Consumer Services* (*0.0%)*
Apollo Group, Inc., Class A*		2,400		123,240
DeVry, Inc.		1,100		54,131
H&R Block, Inc.		6,700		86,765

				264,136

*Hotels, Restaurants & Leisure* (*0.3%*)
Carnival Corp.		8,700		332,427
Darden Restaurants, Inc.		2,724		116,533
International Game Technology		5,500		79,475
Marriott International, Inc., Class A		5,531		198,176
McDonald’s Corp.		20,984		1,563,518
Starbucks Corp.		14,658		374,951
Starwood Hotels & Resorts Worldwide, Inc.		3,702		194,540
Wyndham Worldwide Corp.		3,800		104,386
Wynn Resorts Ltd.		1,438		124,775
Yum! Brands, Inc.		9,235		425,364

				3,514,145

*Household Durables* (*0.1%)*
D.R. Horton, Inc.		5,000		55,600
Fortune Brands, Inc.		3,200		157,536
Harman International Industries, Inc.*		1,500		50,115
Leggett & Platt, Inc.		3,300		75,108
Lennar Corp., Class A		2,800		43,064
Newell Rubbermaid, Inc.		5,000		89,050
Pulte Group, Inc.*		6,190		54,225
Stanley Black & Decker, Inc.		3,258		199,650
Whirlpool Corp.		1,400		113,344

				837,692

*Internet & Catalog Retail* (*0.2%)*
Amazon.com, Inc.*		6,946		1,090,939
Expedia, Inc.		3,900		110,019
priceline.com, Inc.*		941		327,788

				1,528,746

*Leisure Equipment & Products* (*0.0%*)
Eastman Kodak Co.*		4,000		16,800
Hasbro, Inc.		2,715		120,844
Mattel, Inc.		7,143		167,575

				305,219

*Media* (*1.6%*)
CBS Corp., Class B		13,460		213,476
Charter Communications, Inc., Class A*		187,113		6,081,172
Comcast Corp., Class A		254,988		4,610,183
Dex One Corp.*		115,741		1,421,299
DIRECTV, Class A*		17,089		711,415
Discovery Communications, Inc., Class A*		5,800		252,590
Gannett Co., Inc.		5,100		62,373
Interpublic Group of Cos., Inc.*		10,300		103,309
McGraw-Hill Cos., Inc.		6,094		201,468
Meredith Corp.		900		29,979
New York Times Co., Class A*		2,900		22,446
News Corp., Class A		44,600		582,476
Omnicom Group, Inc.		5,900		232,932
Scripps Networks Interactive, Inc., Class A		1,900		90,402
Time Warner Cable, Inc.		7,100	$	383,329
Time Warner, Inc.		22,300		683,495
Viacom, Inc., Class B		12,200		441,518
Walt Disney Co.		37,708		1,248,512
Washington Post Co., Class B		141		56,317

				17,428,691

*Multiline Retail* (*0.2%*)
Big Lots, Inc.*		1,490		49,543
Family Dollar Stores, Inc.		2,500		110,400
J.C. Penney Co., Inc.		4,400		119,592
Kohl’s Corp.*		6,088		320,716
Macy’s, Inc.		8,000		184,720
Nordstrom, Inc.		3,100		115,320
Sears Holdings Corp.*		1,000		72,140
Target Corp.		14,321		765,314

				1,737,745

*Specialty Retail* (*0.4%)*
Abercrombie & Fitch Co., Class A .		1,600		62,912
AutoNation, Inc.*		1,529		35,549
AutoZone, Inc.*		600		137,346
Bed Bath & Beyond, Inc.*		5,122		222,346
Best Buy Co., Inc.		6,600		269,478
CarMax, Inc.*		4,392		122,361
GameStop Corp., Class A*		2,700		53,217
Gap, Inc.		9,000		167,760
Home Depot, Inc.		32,832		1,040,118
Limited Brands, Inc.		5,000		133,900
Lowe’s Cos., Inc.		27,719		617,856
Office Depot, Inc.*		6,400		29,440
O’Reilly Automotive, Inc.*		2,698		143,534
RadioShack Corp.		2,100		44,793
Ross Stores, Inc.		2,300		125,626
Staples, Inc.		14,000		292,880
Tiffany & Co.		2,600		122,174
TJX Cos., Inc.		8,100		361,503
Urban Outfitters, Inc.*		2,700		84,888

				4,067,681

*Textiles, Apparel & Luxury Goods* (*0.1%*)
Coach, Inc.		6,000		257,760
NIKE, Inc., Class B		7,518		602,493
Polo Ralph Lauren Corp.		1,200		107,832
VF Corp.		1,610		130,442

				1,098,527

Total Consumer Discretionary				32,324,420

Consumer Staples (2.6%)
*Beverages* (*0.9%)*
Brown-Forman Corp., Class B		2,046		126,115
Coca-Cola Co.		45,500		2,662,660
Coca-Cola Enterprises, Inc.		6,500		201,500
Constellation Brands, Inc., Class A*		3,493		61,791
Diageo plc		150,000		2,582,560
Dr. Pepper Snapple Group, Inc.		4,578		162,611
Molson Coors Brewing Co., Class B		3,300		155,826
PepsiCo, Inc.		61,366		4,077,157

				10,030,220

*Food & Staples Retailing* (*0.5%*)
Costco Wholesale Corp.		8,672		559,257
CVS Caremark Corp.		26,490		833,640
Kroger Co.		12,799		277,227
Safeway, Inc.		7,670		162,297
SUPERVALU, Inc.		3,700		42,661
Sysco Corp.		11,623		331,488

See Notes to Portfolio of Investments.

255

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Walgreen Co.		18,930	$	634,155
Wal-Mart Stores, Inc.		39,433		2,110,454
Whole Foods Market, Inc.*		2,881		106,914

				5,058,093

*Food Products* (*0.4%* )
Archer-Daniels-Midland Co.		12,674		404,554
Campbell Soup Co.		3,696		132,132
ConAgra Foods, Inc.		8,699		190,856
Dean Foods Co.*		4,000		40,840
General Mills, Inc.		12,662		462,670
H.J. Heinz Co.		6,217		294,499
Hershey Co.		3,069		146,054
Hormel Foods Corp.		1,365		60,879
J.M. Smucker Co.		2,500		151,325
Kellogg Co.		4,985		251,792
Kraft Foods, Inc., Class A		34,100		1,052,326
McCormick & Co., Inc. (Non-Voting)		2,608		109,640
Mead Johnson Nutrition Co.		4,200		239,022
Sara Lee Corp.		13,000		174,590
Tyson Foods, Inc., Class A		6,300		100,926

				3,812,105

*Household Products* (*0.5%*)
Clorox Co.		2,754		183,857
Colgate-Palmolive Co.		9,600		737,856
Kimberly-Clark Corp.		8,160		530,808
Procter & Gamble Co.		55,962		3,356,041

				4,808,562

*Personal Products* (*0.0%*)
Avon Products, Inc.		8,451		271,362
Estee Lauder Cos., Inc., Class A		2,251		142,331

				413,693

*Tobacco* (*0.3%*)
Altria Group, Inc.		40,900		982,418
Lorillard, Inc.		2,900		232,899
Philip Morris International, Inc.		36,136		2,024,339
Reynolds American, Inc.		3,500		207,865

				3,447,521

Total Consumer Staples				27,570,194

Energy (5.7%)
*Energy Equipment & Services* (*0.8%*)
Baker Hughes, Inc.		38,303		1,631,708
Cameron International Corp.*		5,000		214,800
Diamond Offshore Drilling, Inc.		1,360		92,167
FMC Technologies, Inc.*		2,500		170,725
Halliburton Co.		18,100		598,567
Helmerich & Payne, Inc.		1,900		76,874
Nabors Industries Ltd.*		5,300		95,718
National Oilwell Varco, Inc.		8,262		367,411
Rowan Cos., Inc.*		2,000		60,720
Schlumberger Ltd.		56,811		3,500,126
Weatherford International Ltd.*		125,000		2,137,500

				8,946,316

*Oil, Gas & Consumable Fuels* (*4.9%* )
Anadarko Petroleum Corp.		9,900		564,795
Apache Corp.		7,093		693,412
BP plc (ADR)		40,000		1,646,800
Cabot Oil & Gas Corp.		2,300		69,253
Callon Petroleum Co.*		150,000		742,500
Canadian Oil Sands Trust		265,000		6,557,391
Chesapeake Energy Corp.		12,500		283,125
Chevron Corp.		39,600		3,209,580
ConocoPhillips		179,200	$	10,291,456
Consol Energy, Inc.		4,453		164,583
Denbury Resources, Inc.*		8,200		130,298
Devon Energy Corp.		8,576		555,210
El Paso Corp.		14,500		179,510
EOG Resources, Inc.		4,991		464,013
EQT Corp.		2,885		104,033
Exxon Mobil Corp.		310,878		19,209,152
Hess Corp.		5,686		336,156
Marathon Oil Corp.		13,902		460,156
Massey Energy Co.		1,800		55,836
Murphy Oil Corp.		3,900		241,488
Noble Energy, Inc.		3,452		259,211
Occidental Petroleum Corp.		16,100		1,260,630
Peabody Energy Corp.		5,318		260,635
Pioneer Natural Resources Co.		2,200		143,066
QEP Resources, Inc.		3,401		102,506
Range Resources Corp.		3,000		114,390
Southwestern Energy Co.*		6,824		228,195
Spectra Energy Corp.		138,200		3,116,410
Sunoco, Inc.		2,392		87,308
Tesoro Corp.		2,300		30,728
Valero Energy Corp.		10,800		189,108
Williams Cos., Inc.		11,900		227,409

				51,978,343

Total Energy				60,924,659

Financials (5.6%)
*Capital Markets* (*0.6%* )
Ameriprise Financial, Inc.		4,950		234,283
Bank of New York Mellon Corp.		23,780		621,371
Charles Schwab Corp.		19,334		268,743
Deutsche Bank AG (ADR)*§		75,000		1,738,350
ETRADE Financial Corp.		3,350		48,709
Federated Investors, Inc., Class B		1,741		39,625
Franklin Resources, Inc.		2,889		308,834
Goldman Sachs Group, Inc.		10,210		1,476,162
Invesco Ltd.		8,800		186,824
Janus Capital Group, Inc.		4,200		45,990
Legg Mason, Inc.		3,045		92,294
Morgan Stanley		27,589		680,897
Northern Trust Corp.		4,600		221,904
State Street Corp.		9,863		371,441
T. Rowe Price Group, Inc.		5,054		253,028

				6,588,455

*Commercial Banks* (*1.7%* )
Barclays plc		300,000		1,411,925
BB&T Corp.		13,631		328,235
CIT Group, Inc.*		30,000		1,224,600
Comerica, Inc.		3,460		128,539
Fifth Third Bancorp		16,100		193,683
First Horizon National Corp.*		5,129		58,517
HSBC Holdings plc		500,000		5,066,152
Huntington Bancshares, Inc./Ohio		12,900		73,143
KeyCorp		16,400		130,544
M&T Bank Corp.		1,642		134,332
Marshall & Ilsley Corp.		11,000		77,440
PNC Financial Services Group, Inc.		10,361		537,840
Regions Financial Corp.		22,600		164,302
SunTrust Banks, Inc.		9,600		247,968
U.S. Bancorp		37,600		812,912
Wells Fargo & Co.		302,416		7,599,714

See Notes to Portfolio of Investments.

256

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Zions Bancorp.		3,378	$	72,154

				18,262,000

*Consumer Finance* (*0.1%*)
American Express Co.		20,638		867,415
Capital One Financial Corp.		8,800		348,040
Discover Financial Services		11,100		185,148
SLM Corp.*		10,000		115,500

				1,516,103

*Diversified Financial Services* (*2.1%*)
Bank of America Corp.		697,300		9,141,603
Citigroup, Inc.*		967,304		3,772,485
CME Group, Inc.		1,322		344,315
IntercontinentalExchange, Inc.*		1,500		157,080
JPMorgan Chase & Co.		228,400		8,695,188
Leucadia National Corp.*		4,100		96,842
Moody’s Corp.		4,003		99,995
NASDAQ OMX Group, Inc.*		3,300		64,119
NYSE Euronext		4,900		139,993

				22,511,620

*Insurance* (*0.8%*)
ACE Ltd.		6,616		385,382
Aflac, Inc.		9,400		486,074
Allstate Corp.		10,531		332,253
American International Group, Inc.*		2,475		96,773
Aon Corp.		5,500		215,105
Assurant, Inc.		1,934		78,714
Berkshire Hathaway, Inc., Class B*		34,054		2,815,585
Chubb Corp.		6,201		353,395
Cincinnati Financial Corp.		3,202		92,378
Genworth Financial, Inc., Class A*		10,100		123,422
Hartford Financial Services Group, Inc.		8,500		195,075
Lincoln National Corp.		6,200		148,304
Loews Corp.		6,267		237,519
Marsh & McLennan Cos., Inc.		10,900		262,908
MetLife, Inc.		17,869		687,063
Principal Financial Group, Inc.		6,500		168,480
Progressive Corp.		13,163		274,712
Prudential Financial, Inc.		9,300		503,874
Torchmark Corp.		1,594		84,705
Travelers Cos., Inc.		9,260		482,446
Unum Group		6,443		142,712
XL Group plc		6,700		145,122

				8,312,001

*Real Estate Investment Trusts (REITs)* (*0.3%* )
Apartment Investment & Management Co. (REIT), Class A		2,600		55,588
AvalonBay Communities, Inc. (REIT)		1,688		175,434
Boston Properties, Inc. (REIT)		2,725		226,502
Equity Residential (REIT)		5,519		262,539
HCP, Inc. (REIT)		6,063		218,147
Health Care REIT, Inc.		2,500		118,350
Host Hotels & Resorts, Inc. (REIT)		13,366		193,540
Kimco Realty Corp. (REIT)		8,500		133,875
Plum Creek Timber Co., Inc. (REIT)		3,169		111,866
ProLogis (REIT)		9,900		116,622
Public Storage (REIT)		2,709		262,881
Simon Property Group, Inc. (REIT)		5,722		530,658
Ventas, Inc. (REIT)		3,101		159,918
Vornado Realty Trust (REIT)		3,198	$	273,525

				2,839,445

*Real Estate Management & Development* (*0.0%* )
CB Richard Ellis Group, Inc., Class A*		5,700		104,196

*Thrifts & Mortgage Finance* (*0.0%*)
Hudson City Bancorp, Inc.		10,072		123,482
People’s United Financial, Inc.		7,286		95,374

				218,856

Total Financials				60,352,676

Health Care (4.3%)
*Biotechnology* (*0.3%*)
Amgen, Inc.*		19,045		1,049,570
Biogen Idec, Inc.*		4,765		267,412
Celgene Corp.*		9,081		523,157
Cephalon, Inc.*		1,469		91,724
Genzyme Corp.*		5,024		355,649
Gilead Sciences, Inc.*		16,515		588,099

				2,875,611

*Health Care Equipment & Supplies* (*0.3%*)
Baxter International, Inc.		11,600		553,436
Becton, Dickinson and Co.		4,500		333,450
Boston Scientific Corp.*		30,600		187,578
C.R. Bard, Inc.		1,800		146,574
CareFusion Corp.*		3,750		93,150
DENTSPLY International, Inc.		2,568		82,099
Hospira, Inc.*		3,400		193,834
Intuitive Surgical, Inc.*		775		219,899
Medtronic, Inc.		21,440		719,955
St. Jude Medical, Inc.*		6,465		254,333
Stryker Corp.		6,642		332,432
Varian Medical Systems, Inc.*		2,398		145,079
Zimmer Holdings, Inc.*		4,000		209,320

				3,471,139

*Health Care Providers & Services* (*0.4%*)
Aetna, Inc.		8,200		259,202
AmerisourceBergen Corp.		5,606		171,880
Cardinal Health, Inc.		6,923		228,736
CIGNA Corp.		5,485		196,253
Coventry Health Care, Inc.*		3,200		68,896
DaVita, Inc.*		1,896		130,881
Express Scripts, Inc.*		10,789		525,424
Humana, Inc.*		3,200		160,768
Laboratory Corp. of America Holdings*		2,025		158,821
McKesson Corp.		5,155		318,476
Medco Health Solutions, Inc.*		8,544		444,801
Patterson Cos., Inc.		2,100		60,165
Quest Diagnostics, Inc.		2,987		150,754
Tenet Healthcare Corp.*		9,600		45,312
UnitedHealth Group, Inc.		22,166		778,248
WellPoint, Inc.*		7,871		445,813

				4,144,430

*Health Care Technology* (*0.0%*)
Cerner Corp.*		1,400		117,586

*Life Sciences Tools & Services* (*0.1%*)
Life Technologies Corp.*		3,595		167,851
PerkinElmer, Inc.		2,700		62,478
Thermo Fisher Scientific, Inc.*		8,088		387,253

See Notes to Portfolio of Investments.

257

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Waters Corp.*		1,691	$	119,689

				737,271

*Pharmaceuticals* (*3.2%*)
Abbott Laboratories, Inc.		30,500		1,593,320
Allergan, Inc.		6,200		412,486
Bristol-Myers Squibb Co.		33,700		913,607
Eli Lilly and Co.		19,894		726,728
Forest Laboratories, Inc.*		5,630		174,136
Johnson & Johnson		154,300		9,560,428
King Pharmaceuticals, Inc.*		5,500		54,780
Merck & Co., Inc.		320,676		11,804,084
Mylan, Inc.*		5,700		107,217
Pfizer, Inc.		278,709		4,785,433
Roche Holding AG		30,000		4,097,084
Watson Pharmaceuticals, Inc.*		2,300		97,313

				34,326,616

Total Health Care				45,672,653

Industrials (2.2%)
*Aerospace & Defense* (*0.5%*)
Boeing Co.		14,425		959,839
General Dynamics Corp.		7,499		471,012
Goodrich Corp.		2,442		180,049
Honeywell International, Inc.		15,034		660,594
ITT Corp.		3,608		168,963
L-3 Communications Holdings, Inc.		2,400		173,448
Lockheed Martin Corp.		5,860		417,701
Northrop Grumman Corp.		5,770		349,835
Precision Castparts Corp.		2,795		355,943
Raytheon Co.		7,490		342,368
Rockwell Collins, Inc.		3,105		180,866
United Technologies Corp.		18,400		1,310,632

				5,571,250

*Air Freight & Logistics* (*0.2%*)
C.H. Robinson Worldwide, Inc.		3,269		228,568
Expeditors International of Washington, Inc.		4,400		203,412
FedEx Corp.		6,129		524,030
United Parcel Service, Inc., Class B		19,500		1,300,455

				2,256,465

*Airlines* (*0.0%*)
Southwest Airlines Co.		14,728		192,495

*Building Products* (*0.0%*)
Masco Corp.		6,600		72,666

*Commercial Services & Supplies* (*0.1%*)
Avery Dennison Corp.		2,400		89,088
Cintas Corp.		2,900		79,895
Iron Mountain, Inc.		3,900		87,126
Pitney Bowes, Inc.		4,500		96,210
R.R. Donnelley & Sons Co.		4,400		74,624
Republic Services, Inc.		6,041		184,190
Stericycle, Inc.*		1,657		115,129
Waste Management, Inc.		9,218		329,451

				1,055,713

*Construction & Engineering* (*0.1%*)
Fluor Corp.		3,400		168,402
Jacobs Engineering Group, Inc.*		2,600		100,620
Quanta Services, Inc.*		4,500		85,860

				354,882

*Electrical Equipment* (*0.1%*)
Emerson Electric Co.		15,000		789,900
Rockwell Automation, Inc.		2,794		172,473
Roper Industries, Inc.		2,000	$	130,360

				1,092,733

*Industrial Conglomerates* (*0.6%*)
3M Co.		14,000		1,213,940
General Electric Co.		290,300		4,717,375
Textron, Inc.		5,100		104,856
Tyco International Ltd.		10,027		368,292

				6,404,463

*Machinery* (*0.4%*)
Caterpillar, Inc.		12,443		979,015
Cummins, Inc.		3,935		356,432
Danaher Corp.		10,514		426,973
Deere & Co.		8,369		583,989
Dover Corp.		3,665		191,350
Eaton Corp.		3,249		268,010
Flowserve Corp.		1,103		120,690
Illinois Tool Works, Inc.		9,836		462,489
PACCAR, Inc.		7,400		356,310
Pall Corp.		2,500		104,100
Parker Hannifin Corp.		3,162		221,530
Snap-On, Inc.		1,300		60,463

				4,131,351

*Professional Services* (*0.0%*)
Dun & Bradstreet Corp.		1,100		81,554
Equifax, Inc.		2,465		76,908
Robert Half International, Inc.		3,200		83,200

				241,662

*Road & Rail* (*0.2%*)
CSX Corp.		7,485		414,070
Norfolk Southern Corp.		7,272		432,757
Ryder System, Inc.		1,200		51,324
Union Pacific Corp.		9,934		812,601

				1,710,752

*Trading Companies & Distributors* (*0.0%*)
Fastenal Co.		2,824		150,209
W.W. Grainger, Inc.		1,193		142,098

				292,307

Total Industrials				23,376,739

Information Technology (4.3%)
*Communications Equipment* (*0.5%*)
Cisco Systems, Inc.*		112,513		2,464,035
Harris Corp.		2,351		104,126
JDS Uniphase Corp.*		4,900		60,711
Juniper Networks, Inc.*		10,100		306,535
Motorola, Inc.*		46,300		394,939
QUALCOMM, Inc.		31,647		1,427,912
Tellabs, Inc.		6,600		49,170

				4,807,428

*Computers & Peripherals* (*0.8%*)
Apple, Inc.*		17,996		5,106,365
Dell, Inc.*		33,400		432,864
EMC Corp.*		40,321		818,919
Hewlett-Packard Co.		44,710		1,880,950
Lexmark International, Inc., Class A*		1,400		62,468
NetApp, Inc.*		6,953		346,190
QLogic Corp.*		1,900		33,516
SanDisk Corp.*		4,503		165,035
Western Digital Corp.*		4,300		122,077

				8,968,384

*Electronic Equipment, Instruments & Components* (*0.1%*)
Agilent Technologies, Inc.*		7,100		236,927

See Notes to Portfolio of Investments.

258

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Amphenol Corp., Class A		3,600	$	176,328
Corning, Inc.		31,100		568,508
FLIR Systems, Inc.*		3,300		84,810
Jabil Circuit, Inc.		4,200		60,522
Molex, Inc.		3,100		64,883

				1,191,978

*Internet Software & Services* (*0.4%*)
Akamai Technologies, Inc.*		3,422		171,716
eBay, Inc.*		22,500		549,000
Google, Inc., Class A*		4,893		2,572,691
Monster Worldwide, Inc.*		2,100		27,216
VeriSign, Inc.*		3,433		108,963
Yahoo!, Inc.*		26,280		372,388

				3,801,974

*IT Services* (*0.6%*)
Automatic Data Processing, Inc.		9,936		417,610
Cognizant Technology Solutions Corp., Class A*		5,886		379,471
Computer Sciences Corp.		3,200		147,200
Fidelity National Information Services, Inc.		5,035		136,600
Fiserv, Inc.*		2,959		159,253
International Business Machines Corp.		24,867		3,335,659
Mastercard, Inc., Class A		1,915		428,960
Paychex, Inc.		5,992		164,720
SAIC, Inc.*		5,500		87,890
Teradata Corp.*		3,500		134,960
Total System Services, Inc.		3,269		49,820
Visa, Inc., Class A		9,736		722,995
Western Union Co.		12,627		223,119

				6,388,257

*Office Electronics* (*0.2%*)
Xerox Corp.		226,760		2,346,966

*Semiconductors & Semiconductor Equipment* (*1.0%*)
Advanced Micro Devices, Inc.*		11,800		83,898
Altera Corp.		5,884		177,462
Analog Devices, Inc.		5,892		184,891
Applied Materials, Inc.		26,347		307,733
Broadcom Corp., Class A		8,760		310,017
First Solar, Inc.*		1,032		152,065
Intel Corp.		309,566		5,952,954
KLA-Tencor Corp.		3,100		109,213
Linear Technology Corp.		4,340		133,368
LSI Corp.*		14,000		63,840
MEMC Electronic Materials, Inc.*		5,000		59,600
Microchip Technology, Inc.		3,538		111,270
Micron Technology, Inc.*		17,400		125,454
National Semiconductor Corp.		4,684		59,815
Novellus Systems, Inc.*		1,854		49,279
NVIDIA Corp.*		11,350		132,568
Teradyne, Inc.*		2,900		32,306
Texas Instruments, Inc.		23,564		639,527
Xilinx, Inc.		65,376		1,739,655

				10,424,915

*Software* (*0.7%*)
Adobe Systems, Inc.*		10,309		269,580
Autodesk, Inc.*		4,300		137,471
BMC Software, Inc.*		3,568		144,433
CA, Inc.		7,204		152,148
Citrix Systems, Inc.*		3,622		247,165
Compuware Corp.*		5,300		45,209
Electronic Arts, Inc.*		6,800		111,724
Intuit, Inc.*		5,574	$	244,197
McAfee, Inc.*		3,102		146,600
Microsoft Corp.		150,400		3,683,296
Novell, Inc.*		8,000		47,760
Oracle Corp.		76,303		2,048,736
Red Hat, Inc.*		3,725		152,725
Salesforce.com, Inc.*		2,292		256,246
Symantec Corp.*		15,300		232,101

				7,919,391

Total Information Technology				45,849,293

Materials (1.9%)
*Chemicals* (*0.4%*)
Air Products & Chemicals, Inc.		4,300		356,126
Airgas, Inc.		1,468		99,751
CF Industries Holdings, Inc.		1,403		133,986
Dow Chemical Co.		22,775		625,402
E.I. du Pont de Nemours & Co.		17,765		792,674
Eastman Chemical Co.		1,300		96,200
Ecolab, Inc.		4,613		234,064
FMC Corp.		1,426		97,553
International Flavors & Fragrances, Inc.		1,562		75,788
Monsanto Co.		10,600		508,058
PPG Industries, Inc.		3,251		236,673
Praxair, Inc.		6,025		543,816
Sherwin-Williams Co.		1,830		137,506
Sigma-Aldrich Corp.		2,377		143,523

				4,081,120

*Construction Materials* (*0.0%*)
Vulcan Materials Co.		2,510		92,669

*Containers & Packaging* (*0.1%*)
Ball Corp.		1,805		106,225
Bemis Co., Inc.		2,132		67,691
Owens-Illinois, Inc.*		3,500		98,210
Pactiv Corp.*		2,900		95,642
Sealed Air Corp.		3,500		78,680

				446,448

*Metals & Mining* (*1.4%*)
AK Steel Holding Corp.		1,700		23,477
Alcoa, Inc.		19,500		236,145
Allegheny Technologies, Inc.		1,800		83,610
Barrick Gold Corp.		150,000		6,943,500
Cliffs Natural Resources, Inc.		2,674		170,922
Freeport-McMoRan Copper & Gold, Inc.		9,275		791,992
Newmont Mining Corp.		89,672		5,632,298
Nucor Corp.		26,238		1,002,292
Titanium Metals Corp.*		2,100		41,916
United States Steel Corp.		2,700		118,368

				15,044,520

*Paper & Forest Products* (*0.0%*)
International Paper Co.		8,590		186,832
MeadWestvaco Corp.		3,700		90,206
Weyerhaeuser Co.		10,506		165,575

				442,613

Total Materials				20,107,370

Telecommunication Services (2.5%)
*Diversified Telecommunication Services* (*1.9%*)
AT&T, Inc.		341,458		9,765,699
CenturyLink, Inc.		55,896		2,205,656
Frontier Communications Corp.		103,260		843,634

See Notes to Portfolio of Investments.

259

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Qwest Communications International, Inc.		33,579	$	210,540
Telstra Corp., Ltd.		800,000		2,025,889
Verizon Communications, Inc.		155,800		5,077,522
Windstream Corp.		9,900		121,671

				20,250,611

*Wireless Telecommunication Services* (*0.6%* )
American Tower Corp., Class A*		7,924		406,184
MetroPCS Communications, Inc.*		5,800		60,668
Sprint Nextel Corp.*		60,000		277,800
Vodafone Group plc		2,200,000		5,429,345

				6,173,997

Total Telecommunication Services				26,424,608

Utilities (6.9%)
*Electric Utilities* (*3.4%*)
Allegheny Energy, Inc.		3,322		81,455
American Electric Power Co., Inc.		129,397		4,688,053
Duke Energy Corp.		400,706		7,096,503
Edison International		6,700		230,413
Entergy Corp.		3,730		285,457
Exelon Corp.		12,943		551,113
FirstEnergy Corp.		41,016		1,580,757
NextEra Energy, Inc.		123,094		6,695,083
Northeast Utilities		3,432		101,484
Pepco Holdings, Inc.		4,314		80,240
Pinnacle West Capital Corp.		2,000		82,540
PPL Corp.		58,526		1,593,663
Progress Energy, Inc.		75,788		3,366,503
Southern Co.		266,396		9,920,587

				36,353,851

*Gas Utilities* (*0.2%*)
AGL Resources, Inc.		40,000		1,534,400
Nicor, Inc.		884		40,505
Oneok, Inc.		2,300		103,592

				1,678,497

*Independent Power Producers & Energy Traders* (*0.0%*)
AES Corp.*		13,700		155,495
Constellation Energy Group, Inc.		3,974		128,122
NRG Energy, Inc.*		4,816		100,269

				383,886

*Multi-Utilities* (*3.3%* )
Ameren Corp.		104,660		2,972,344
CenterPoint Energy, Inc.		73,500		1,155,420
CMS Energy Corp.		4,450		80,189
Consolidated Edison, Inc.		5,539		267,091
Dominion Resources, Inc.		131,740		5,751,768
DTE Energy Co.		3,237		148,675
Integrys Energy Group, Inc.		1,700		88,502
NiSource, Inc.		5,480		95,352
PG&E Corp.		157,609		7,158,601
Public Service Enterprise Group, Inc.		174,984		5,788,471
SCANA Corp.		2,218		89,430
Sempra Energy		84,863		4,565,629
TECO Energy, Inc.		154,186		2,670,502
Wisconsin Energy Corp.		2,284		132,015
Xcel Energy, Inc.		209,062	$	4,802,154

				35,766,143

Total Utilities				74,182,377

Total Common Stocks (39.0%) (Cost $396,645,781)				416,784,989


	Number of Warrants		Value (Note 1)
WARRANT:
Consumer Discretionary (0.0%)
*Media* (*0.0%*)
Charter Communications, Inc., expiring 11/30/14* (Cost $19,529,652)		53,070		291,885


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Government Securities (2.0%)
Federal Home Loan Bank 0.00%, 10/1/10	$	22,000,000		22,000,000

Short-Term Investment (7.8%)
BlackRock Liquidity Funds TempFund 0.23% ‡		83,519,935		83,519,935

Time Deposit (0.8%)
JPMorgan Chase Nassau 0.000%, 10/1/10		8,317,186		8,317,186

Total Short-Term Investments (10.6%) (Amortized Cost $113,837,121)				113,837,121

Total Investments (99.3%) (Cost/Amortized Cost $1,076,968,399)				1,062,079,871
Other Assets Less Liabilities (0.7%)				7,298,824

Net Assets (100%)			$	1,069,378,695

*	Non-income producing.

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2010, the market value of these securities amounted to $65,483,415 or 6.1% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied upon when determining liquidity.

‡	Affiliated company as defined under the Investment Company Act of 1940.

(e)

Step Bond - Coupon rate increases in increments to maturity. Rate disclosed is as of September 30, 2010. Maturity date disclosed is the ultimate maturity date.

(l)

Floating Rate Security. Rate disclosed is as of September 30, 2010.

Glossary:

ABS — Asset-Backed Security

ADR — American Depositary Receipt

CMO — Collateralized Mortgage Obligation

EUR — European Currency Unit

GBP — British Pound

PIK — Payment-in Kind Security

TBA — Security is subject to delayed delivery.

See Notes to Portfolio of Investments.

260

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	—	$	144,238,336	$	60,718,401	$	83,519,935	$	63,444	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchase
S&P 500 E-Mini Index		1,622		December-10	$	89,082,272	$	92,186,370	$	3,104,098

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Asset-Backed and Mortgage-Backed Securities
Asset-Backed Securities	$	—	$	409,001	$	—	$	409,001
Non-Agency CMO		—		6,713,757		—		6,713,757
Common Stocks
Consumer Discretionary		32,324,420		—		—		32,324,420
Consumer Staples		24,987,634		2,582,560		—		27,570,194
Energy		60,924,659		—		—		60,924,659
Financials		52,136,249		8,216,427		—		60,352,676
Health Care		41,575,569		4,097,084		—		45,672,653
Industrials		23,376,739		—		—		23,376,739
Information Technology		45,849,293		—		—		45,849,293
Materials		20,107,370		—		—		20,107,370
Telecommunication Services		18,969,374		7,455,234		—		26,424,608
Utilities		74,182,377		—		—		74,182,377
Convertible Bonds
Financials		—		5,718,750		—		5,718,750
Convertible Preferred Stocks
Consumer Discretionary		—		1,586,000		—		1,586,000
Financials		13,045,154		10,973,257		—		24,018,411
Corporate Bonds
Consumer Discretionary		—		36,671,116		—		36,671,116
Consumer Staples		—		8,141,488		—		8,141,488
Energy		—		48,662,597		—		48,662,597
Financials		—		80,951,753		—		80,951,753
Health Care		—		24,444,415		—		24,444,415

See Notes to Portfolio of Investments.

261

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Industrials	$	—	$	25,650,823	$	—	$	25,650,823
Information Technology		—		29,864,853		—		29,864,853
Materials		—		13,187,090		—		13,187,090
Telecommunication Services		—		6,976,805		—		6,976,805
Utilities		—		40,750,316		—		40,750,316
Futures		3,104,098		—		—		3,104,098
Government Securities
Agency ABS		—		1,413,209		—		1,413,209
Foreign Governments		—		3,600,667		—		3,600,667
Municipal Bonds		—		3,150,204		—		3,150,204
Supranational		—		2,448,220		—		2,448,220
U.S. Government Agencies		—		86,213,159		—		86,213,159
U.S. Treasuries		—		70,559,655		—		70,559,655
Preferred Stocks
Energy		—		2,543,750		—		2,543,750
Financials		4,084,987		—		—		4,084,987
Health Care		—		1,278,750		—		1,278,750
Materials		—		1,064,100		—		1,064,100
Utilities		1,062,000		—		—		1,062,000
Short-Term Investments		—		113,837,121		—		113,837,121
Warrants
Consumer Discretionary		291,885		—		—		291,885

Total Assets	$	416,021,808	$	649,162,161	$	—	$	1,065,183,969

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	416,021,808	$	649,162,161	$	—	$	1,065,183,969

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities- Consumer Discretionary
Balance as of 12/31/09	$	4,940,926
Total gains or losses (realized/unrealized) included in earnings		(2,331,282	)
Purchases, sales, issuances, and settlements (net)		(2,609,644	)
Transfers into Level 3		—
Transfers out of Level 3		—

Balance as of 9/30/10	$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	—

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks, long-term corporate debt securities and short positions	$	491,545,903
Long-term U.S. Treasury securities		93,332,644

	$	584,878,547


Net Proceeds of Sales and Redemptions:
Stocks, long-term corporate debt securities and short positions	$	670,961,847
Long-term U.S. Treasury securities		68,279,788

	$	739,241,635

See Notes to Portfolio of Investments.

262

EQ ADVISORS TRUST

EQ/FRANKLIN CORE BALANCED PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	92,254,269
Aggregate gross unrealized depreciation		(107,971,960	)

Net unrealized depreciation	$	(15,717,691)

Federal income tax cost of investments	$	1,077,797,562

See Notes to Portfolio of Investments.

263

EQ ADVISORS TRUST

EQ/GAMCO MERGERS AND ACQUISITIONS PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (4.5%)
*Diversified Consumer Services* (*0.1%*)
Corinthian Colleges, Inc.*		40,000	$	280,800

*Hotels, Restaurants & Leisure* (*1.5%*)
Boyd Gaming Corp.*		45,000		326,250
Burger King Holdings, Inc.		115,340		2,754,319
Dover Motorsports, Inc.*		35,000		64,050
Ladbrokes plc		30,000		63,245

				3,207,864

*Household Durables* (*0.4%*)
Fortune Brands, Inc.		5,000		246,150
Harman International Industries, Inc.*		10,000		334,100
Nobility Homes, Inc.*		2,400		22,680
Skyline Corp.		11,000		222,860

				825,790

*Media* (*2.4%*)
Acme Communications, Inc.*		20,000		21,600
Alloy, Inc.*		2,000		19,420
Ascent Media Corp., Class A*		5,000		133,550
Beasley Broadcasting Group, Inc., Class A*		25,000		132,250
British Sky Broadcasting Group plc		110,000		1,219,097
Clear Channel Outdoor Holdings, Inc., Class A*		195,000		2,228,850
Crown Media Holdings, Inc., Class A*		13,000		31,070
Fisher Communications, Inc.*		30,000		522,900
Liberty Media Corp. - Capital*		5,000		260,300
LIN TV Corp., Class A*		35,000		155,400
Media General, Inc., Class A*		39,700		355,712
Salem Communications Corp., Class A*		18,000		53,460

				5,133,609

*Multiline Retail* (*0.0%*)
Macy’s, Inc.		1,000		23,090

*Specialty Retail* (*0.1%*)
Midas, Inc.*		31,000		235,910

*Textiles, Apparel & Luxury Goods* (*0.0%*)
Heelys, Inc.*		18,000		43,200

Total Consumer Discretionary				9,750,263

Consumer Staples (5.3%)
*Beverages* (*0.5%*)
Coca-Cola Enterprises, Inc.		35,000		1,085,000

*Food & Staples Retailing* (*1.0%*)
Casey’s General Stores, Inc.		51,798		2,162,566
Massmart Holdings Ltd.		600		12,723

				2,175,289

*Food Products* (*0.6%*)
Flowers Foods, Inc.		500		12,420
Kraft Foods, Inc., Class A		14,000		432,040
Menu Foods Income Fund*		1,000		4,665
Reddy Ice Holdings, Inc.*		1,000		2,280
Tootsie Roll Industries, Inc.		36,050		896,924

				1,348,329

*Household Products* (*0.3%*)
Cellu Tissue Holdings, Inc.*		65,000		775,450

*Personal Products* (*2.9%*)
Alberto-Culver Co.		4,000	$	150,600
NBTY, Inc.*		110,000		6,047,800

				6,198,400

Total Consumer Staples				11,582,468

Energy (1.2%)
*Energy Equipment & Services* (*0.4%*)
Rowan Cos., Inc.*		13,000		394,680
RPC, Inc.		27,000		571,320

				966,000

*Oil, Gas & Consumable Fuels* (*0.8%*)
Anadarko Petroleum Corp.		4,000		228,200
Dana Petroleum plc*		15,000		423,672
Dragon Oil plc*		150,000		1,037,383
WesternZagros Resources Ltd.*		40,000		14,773

				1,704,028

Total Energy				2,670,028

Financials (8.5%)
*Capital Markets* (*0.3%*)
BKF Capital Group, Inc.*		12,000		12,600
GLG Partners, Inc.*		50,000		225,000
SWS Group, Inc.		65,000		466,050

				703,650

*Commercial Banks* (*0.0%*)
Deutsche Postbank AG*		500		17,017

*Consumer Finance* (*5.4%*)
American Express Co.		8,000		336,240
AmeriCredit Corp.*		420,000		10,273,200
SLM Corp.*		50,000		577,500
Student Loan Corp.		20,000		594,000

				11,780,940

*Insurance* (*2.5%*)
American Physicians Capital, Inc.		100,000		4,146,000
CNA Surety Corp.*		55,000		985,600
Wesco Financial Corp.		523		187,312

				5,318,912

*Real Estate Management & Development* (*0.0%*)
Eco Business-Immobilien AG*		500		4,874

*Thrifts & Mortgage Finance* (*0.3%*)
Flushing Financial Corp.		4,000		46,240
NewAlliance Bancshares, Inc.		40,000		504,800

				551,040

Total Financials				18,376,433

Health Care (8.9%)
*Biotechnology* (*4.0%*)
Abraxis Bioscience, Inc.*		4,000		309,360
Biogen Idec, Inc.*		8,500		477,020
Crucell N.V.*		45,000		1,502,983
Crucell N.V. (ADR)*		6,000		199,560
Genzyme Corp.*		14,000		991,060
Talecris Biotherapeutics Holdings Corp.*		32,000		732,160
ZymoGenetics, Inc.*		450,000		4,387,500

				8,599,643

*Health Care Equipment & Supplies* (*1.7%*)
Alcon, Inc.		13,500		2,251,665
ArthroCare Corp.*		34,000		924,120
Exactech, Inc.*		10,000		163,200

See Notes to Portfolio of Investments.

264

EQ ADVISORS TRUST

EQ/GAMCO MERGERS AND ACQUISITIONS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Osteotech, Inc.*		20,000	$	129,200
OTIX Global, Inc.*		25,200		260,316

				3,728,501

*Health Care Providers & Services* (*1.7%*)
Chemed Corp.		5,000		284,850
Health Grades, Inc.*		1,000		8,190
Nighthawk Radiology Holdings, Inc.*		10,000		63,800
Psychiatric Solutions, Inc.*		70,000		2,348,500
Res-Care, Inc.*		73,800		979,326

				3,684,666

*Life Sciences Tools & Services* (*1.4%*)
WuXi PharmaTech Cayman, Inc. (ADR)*		184,000		3,157,440

*Pharmaceuticals* (*0.1%*)
Allergan, Inc.		1,500		99,795
Movetis N.V.*		1,000		25,888

				125,683

Total Health Care				19,295,933

Industrials (4.0%)
*Aerospace & Defense* (*0.7%*)
Herley Industries, Inc.*		76,000		1,254,000
ITT Corp.		4,000		187,320

				1,441,320

*Air Freight & Logistics* (*0.1%*)
Park-Ohio Holdings Corp.*		8,000		106,400

*Airlines* (*0.3%*)
ExpressJet Holdings, Inc.*		110,000		733,700

*Building Products* (*0.2%*)
Griffon Corp.*		40,000		487,600

*Commercial Services & Supplies* (*1.5%*)
ATC Technology Corp.*		5,000		123,700
Bowne & Co., Inc.		280,000		3,172,400

				3,296,100

*Construction & Engineering* (*0.0%*)
Ginger(b)*†		500		19,222

*Electrical Equipment* (*0.3%*)
SL Industries, Inc.*		44,000		619,960

*Machinery* (*0.7%*)
Baldwin Technology Co., Inc., Class A*		23,500		28,670
CIRCOR International, Inc.		5,000		158,000
Munters AB		1,000		11,312
Navistar International Corp.*		24,000		1,047,360
Tennant Co.		8,000		247,200

				1,492,542

*Road & Rail* (*0.0%*)
Dollar Thrifty Automotive Group, Inc.*		1,800		90,252

*Trading Companies & Distributors* (*0.2%*)
Kaman Corp.		12,000		314,520

Total Industrials				8,601,616

Information Technology (19.1%)
*Communications Equipment* (*2.4%*)
ADC Telecommunications, Inc.*		407,000	$	5,156,690

*Computers & Peripherals* (*3.1%*)
Diebold, Inc.		30,000		932,700
Netezza Corp.*		206,900		5,575,955
SanDisk Corp.*		6,000		219,900

				6,728,555

*Electronic Equipment, Instruments & Components* (*1.3%*)
Cogent, Inc.*		28,100		298,984
GTSI Corp.*		1,000		7,050
ICx Technologies, Inc.*		3,000		22,650
Keithley Instruments, Inc.		22,000		473,220
L-1 Identity Solutions, Inc.*		125,000		1,466,250
Nu Horizons Electronics Corp.*		14,000		97,300
Park Electrochemical Corp.		5,000		131,700
Smartrac N.V.*		4,300		116,947
Zygo Corp.*		23,000		225,400

				2,839,501

*Internet Software & Services* (*0.7%*)
DivX, Inc.*		2,000		19,060
Internet Brands, Inc., Class A*		1,000		13,280
Salary.com, Inc.*		2,000		8,130
Yahoo!, Inc.*		100,000		1,417,000

				1,457,470

*IT Services* (*0.6%*)
Datacash Group plc		100,000		563,953
Diamond Management & Technology Consultants, Inc.		60,500		756,250

				1,320,203

*Semiconductors & Semiconductor Equipment* (*0.0%*)
International Rectifier Corp.*		6,000		126,540

*Software* (*11.0%*)
ArcSight, Inc.*		116,600		5,079,096
McAfee, Inc.*		225,000		10,633,500
Mentor Graphics Corp.*		10,000		105,700
Misys plc*		485,000		2,175,948
Novell, Inc.*		20,000		119,400
Phoenix Technologies Ltd.*		20,000		78,000
Take-Two Interactive Software, Inc.*		125,000		1,267,500
Unica Corp.*		212,600		4,460,348

				23,919,492

Total Information Technology				41,548,451

Materials (3.8%)
*Chemicals* (*0.3%*)
A. Schulman, Inc.		4,000		80,600
Airgas, Inc.		4,000		271,800
Ferro Corp.*		8,000		103,120
Potash Corp. of Saskatchewan, Inc.		1,400		201,656

				657,176

*Construction Materials* (*0.0%*)
Cimpor Cimentos de Portugal SGPS S.A.		10,000		64,373

*Containers & Packaging* (*3.1%*)
Greif, Inc., Class A		1,000		58,840
Myers Industries, Inc.		50,000		429,500
Pactiv Corp.*		190,000		6,266,200

				6,754,540

*Metals & Mining* (*0.4%*)
Andean Resources Ltd.*		118,000		716,785

See Notes to Portfolio of Investments.

265

EQ ADVISORS TRUST

EQ/GAMCO MERGERS AND ACQUISITIONS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Camino Minerals Corp.*		4,000	$	1,477
Gold Fields Ltd. (ADR)		3,000		45,810

				764,072

Total Materials				8,240,161

Telecommunication Services (5.1%)
*Diversified Telecommunication Services* (*2.4%*)
Asia Satellite Telecommunications Holdings Ltd.		65,000		117,285
BCE, Inc.		55,000		1,787,500
Cincinnati Bell, Inc.*		170,000		453,900
Fastweb S.p.A.*		120,000		2,933,169

				5,291,854

*Wireless Telecommunication Services* (*2.7%*)
Millicom International Cellular S.A.		18,000		1,727,100
Sprint Nextel Corp.*		290,000		1,342,700
Telephone & Data Systems, Inc.		25,000		820,000
U.S. Cellular Corp.*		40,000		1,838,800

				5,728,600

Total Telecommunication Services				11,020,454

Utilities (4.2%)
*Electric Utilities* (*2.3%*)
Allegheny Energy, Inc.		190,000		4,658,800
PNM Resources, Inc.		25,000		284,750
Westar Energy, Inc.		4,500		109,035

				5,052,585

*Gas Utilities* (*1.1%*)
National Fuel Gas Co.		47,000		2,435,070

*Independent Power Producers & Energy Traders* (*0.6%*)
Constellation Energy Group, Inc.		25,000		806,000
Dynegy, Inc.*		50,000		243,500
NRG Energy, Inc.*		15,000		312,300

				1,361,800

*Multi-Utilities* (*0.2%*)
GDF Suez S.A.*		3,801		5
NorthWestern Corp.		10,000		285,000

				285,005

Total Utilities				9,134,460

Total Common Stocks (64.6%)
(Cost $137,253,574)				140,220,267


	Number of Rights		Value (Note 1)
RIGHTS:
Health Care (0.0%)
*Pharmaceuticals* (*0.0%*)
Fresenius Kabi Pharmaceuticals Holding, Inc., expiring 6/30/11*
(Cost $—)		6,000		210


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Government Securities (23.1%)
U.S. Treasury Bills
0.13%, 12/16/10 (p)	$	30,000,000		29,991,780
0.14%, 12/23/10 (p)		20,000,000		19,993,680

Total Government Securities				49,985,460

Time Deposit (11.0%)
JPMorgan Chase Nassau
0.000%, 10/1/10	$	23,896,328	$	23,896,328

Total Short-Term Investments (34.1%) (Cost/Amortized Cost $73,880,228)				73,881,788

Total Investments (98.7%) (Cost/Amortized Cost $211,133,802)				214,102,265
Other Assets Less Liabilities (1.3%)				2,788,358

Net Assets (100%)			$	216,890,623

*	Non-income producing.

†	Securities (totaling $19,222 or 0.0% of net assets) at fair value by management.

(b)

Illiquid Security.

(p)

Yield to maturity.

Glossary:

ADR — American Depositary Receipt

See Notes to Portfolio of Investments.

266

EQ ADVISORS TRUST

EQ/GAMCO MERGERS AND ACQUISITIONS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	8,423,641	$	1,326,622	$	—	$	9,750,263
Consumer Staples		11,569,745		12,723		—		11,582,468
Energy		1,208,973		1,461,055		—		2,670,028
Financials		18,341,942		34,491		—		18,376,433
Health Care		17,767,062		1,528,871		—		19,295,933
Industrials		8,571,082		11,312		19,222		8,601,616
Information Technology		38,691,603		2,856,848		—		41,548,451
Materials		8,175,788		64,373		—		8,240,161
Telecommunication Services		7,970,000		3,050,454		—		11,020,454
Utilities		9,134,455		5		—		9,134,460
Rights
Health Care		210		—		—		210
Short-Term Investments		—		73,881,788		—		73,881,788

Total Assets	$	129,854,501	$	84,228,542	$	19,222	$	214,102,265

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	129,854,501	$	84,228,542	$	19,222	$	214,102,265

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities-Industrials
Balance as of 12/31/09	$	—
Total gains or losses (realized/unrealized) included in earnings		1,588
Purchases, sales, issuances, and settlements (net)		17,634
Transfers into Level 3		—
Transfers out of Level 3		—

Balance as of 9/30/10	$	19,222

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	1,588

See Notes to Portfolio of Investments.

267

EQ ADVISORS TRUST

EQ/GAMCO MERGERS AND ACQUISITIONS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	342,160,515
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	306,829,108

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	6,545,685
Aggregate gross unrealized depreciation		(7,517,862	)

Net unrealized depreciation	$	(972,177	)

Federal income tax cost of investments	$	215,074,442

See Notes to Portfolio of Investments.

268

EQ ADVISORS TRUST

EQ/GAMCO SMALL COMPANY VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (20.7%)
*Auto Components* (*4.2%*)
BorgWarner, Inc.*		200,000	$	10,524,000
Dana Holding Corp.*		700,000		8,624,000
Federal-Mogul Corp.*		120,000		2,269,200
Hawk Corp., Class A*		131,500		5,690,005
Modine Manufacturing Co.*		540,000		7,003,800
SORL Auto Parts, Inc.*		35,000		303,100
Spartan Motors, Inc.		290,000		1,345,600
Standard Motor Products, Inc.		740,000		7,792,200
Stoneridge, Inc.*		300,000		3,153,000
Strattec Security Corp.*		125,000		3,117,500
Superior Industries International, Inc.		330,000		5,702,400
Tenneco, Inc.*		545,000		15,788,650

				71,313,455

*Automobiles* (*0.0%*)
Thor Industries, Inc.		4,000		133,600
Winnebago Industries, Inc.*		39,000		406,380

				539,980

*Diversified Consumer Services* (*0.6%*)
Cambium Learning Group, Inc.*		310,000		992,000
Corinthian Colleges, Inc.*		475,000		3,334,500
Matthews International Corp., Class A		15,000		530,400
Stewart Enterprises, Inc., Class A		240,000		1,293,600
Universal Technical Institute, Inc.		202,600		3,960,830

				10,111,330

*Hotels, Restaurants & Leisure* (*4.2%*)
Biglari Holdings, Inc.*		30,107		9,894,666
Boyd Gaming Corp.*		270,000		1,957,500
Canterbury Park Holding Corp.*‡		205,055		1,589,176
Cheesecake Factory, Inc.*		112,000		2,964,640
Churchill Downs, Inc.		222,092		7,933,126
Denny’s Corp.*		460,000		1,430,600
Dover Downs Gaming & Entertainment, Inc.		90,000		306,000
Dover Motorsports, Inc.*		460,000		841,800
Gaylord Entertainment Co.*		395,000		12,047,500
International Speedway Corp., Class A		25,000		610,000
Lakes Entertainment, Inc.*		95,000		163,400
Las Vegas Sands Corp.*		300,000		10,455,000
Marcus Corp.		205,000		2,429,250
Morgans Hotel Group Co.*		65,000		475,800
Nathan’s Famous, Inc.*		113,000		1,808,000
Orient-Express Hotels Ltd., Class A*		315,000		3,512,250
Peet’s Coffee & Tea, Inc.*		22,000		753,060
Penn National Gaming, Inc.*		102,000		3,020,220
Pinnacle Entertainment, Inc.*		350,000		3,902,500
Sonesta International Hotels Corp., Class A‡		345,000		4,692,000
Wendy’s/Arby’s Group, Inc., Class A		110,000		498,300

				71,284,788

*Household Durables* (*0.7%*)
All American Group, Inc.*		450,000		103,500
Cavco Industries, Inc.*		104,000		3,734,640
Harman International Industries, Inc.*		154,300		5,155,163
Nobility Homes, Inc.*		58,000		548,100
Skyline Corp.		150,000		3,039,000

				12,580,403

*Internet & Catalog Retail* (*0.1%*)
1-800-FLOWERS.COM, Inc., Class A*		500,000	$	945,000
NutriSystem, Inc.		45,000		865,800

				1,810,800

*Leisure Equipment & Products* (*0.4%*)
Brunswick Corp.		44,000		669,680
Eastman Kodak Co.*		300,000		1,260,000
Marine Products Corp.*		260,000		1,596,400
Universal Entertainment Corp.*		120,000		2,613,321

				6,139,401

*Media* (*4.5%*)
Acme Communications, Inc.*		210,000		226,800
Arbitron, Inc.		14,000		391,580
Ascent Media Corp., Class A*		110,077		2,940,157
Beasley Broadcasting Group, Inc., Class A*‡		404,000		2,137,160
Belo Corp., Class A*		210,000		1,302,000
Cablevision Systems Corp. - New York Group, Class A		315,000		8,249,850
Carmike Cinemas, Inc.*		148,000		1,290,560
Clear Channel Outdoor Holdings, Inc., Class A*		212,300		2,426,589
Crown Media Holdings, Inc., Class A*		122,000		291,580
Cumulus Media, Inc., Class A*		5		14
Discovery Communications, Inc., Class A*		17,000		740,350
Discovery Communications, Inc., Class C*		12,500		477,375
Emmis Communications Corp., Class A*		90,000		70,200
EW Scripps Co., Class A*		358,100		2,821,828
Fisher Communications, Inc.*		322,000		5,612,460
Global Sources Ltd.*		210,000		1,585,500
Gray Television, Inc.*		810,000		1,628,100
Grupo Televisa S.A. (ADR)		110,000		2,081,200
Il Sole 24 Ore S.p.A.*		575,000		1,036,274
Imax Corp.*		45,000		758,700
Interpublic Group of Cos., Inc.*		950,000		9,528,500
Journal Communications, Inc., Class A*		1,000,000		4,510,000
LIN TV Corp., Class A*		570,000		2,530,800
Madison Square Garden, Inc., Class A*		419,491		8,842,870
Martha Stewart Living Omnimedia, Inc., Class A*		315,000		1,493,100
MDC Partners, Inc., Class A		7,000		93,590
Media General, Inc., Class A*		801,000		7,176,960
Mediacom Communications Corp., Class A*		95,500		631,255
Meredith Corp.		50,000		1,665,500
PRIMEDIA, Inc.		135,000		513,000
Salem Communications Corp., Class A*		560,000		1,663,200
SearchMedia Holdings Ltd.*		136,000		353,600
Sinclair Broadcast Group, Inc., Class A*		248,000		1,740,960
World Wrestling Entertainment, Inc., Class A		2,000		27,820

				76,839,432

*Multiline Retail* (*0.4%*)
99 Cents Only Stores*		85,000		1,604,800

See Notes to Portfolio of Investments.

269

EQ ADVISORS TRUST

EQ/GAMCO SMALL COMPANY VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Bon-Ton Stores, Inc.*		542,000	$	5,512,140

				7,116,940

*Specialty Retail* (*5.4%*)
Aaron’s, Inc., Class A		5,000		92,000
AutoNation, Inc.*		600,000		13,950,000
Barnes & Noble, Inc.		90,000		1,458,900
Bed Bath & Beyond, Inc.*		125,000		5,426,250
Big 5 Sporting Goods Corp.		100,000		1,342,000
Bowlin Travel Centers, Inc.*		76,000		92,720
Coldwater Creek, Inc.*		977,000		5,148,790
Collective Brands, Inc.*		13,000		209,820
Midas, Inc.*		525,000		3,995,250
Monro Muffler Brake, Inc.		44,000		2,028,840
O’Reilly Automotive, Inc.*		500,000		26,600,000
Penske Automotive Group, Inc.*		490,000		6,468,000
PEP Boys-Manny, Moe & Jack		530,000		5,607,400
Sally Beauty Holdings, Inc.*		520,000		5,824,000
Tractor Supply Co.		380,000		15,070,800

				93,314,770

*Textiles, Apparel & Luxury Goods* (*0.2%*)
Hanesbrands, Inc.*		85,000		2,198,100
Movado Group, Inc.*		68,000		739,840
Wolverine World Wide, Inc.		25,000		725,250

				3,663,190

Total Consumer Discretionary				354,714,489

Consumer Staples (7.6%)
*Beverages* (*0.5%*)
Boston Beer Co., Inc., Class A*		83,000		5,550,210
Brown-Forman Corp., Class A		30,000		1,846,800
Brown-Forman Corp., Class B		3,025		186,461
Davide Campari-Milano S.p.A.		280,000		1,674,753

				9,258,224

*Food & Staples Retailing* (*1.9%*)
Casey’s General Stores, Inc.		175,892		7,343,491
Great Atlantic & Pacific Tea Co., Inc.*		790,000		3,128,400
Ingles Markets, Inc., Class A‡		665,203		11,049,022
United Natural Foods, Inc.*		90,000		2,982,600
Village Super Market, Inc., Class A		92,087		2,572,911
Weis Markets, Inc.		60,000		2,347,800
Winn-Dixie Stores, Inc.*		525,000		3,743,250

				33,167,474

*Food Products* (*3.1%*)
American Dairy, Inc.*		250,000		2,612,500
Bull-Dog Sauce Co., Ltd.		40,000		93,435
Coolbrands International, Inc.*		30,000		102,393
Corn Products International, Inc.		270,000		10,125,000
Dean Foods Co.*		60,000		612,600
Del Monte Foods Co.		550,000		7,210,500
Diamond Foods, Inc.		7,000		286,930
Flowers Foods, Inc.		35,000		869,400
Griffin Land & Nurseries, Inc.‡		272,922		7,216,058
Hain Celestial Group, Inc.*		178,000		4,268,440
J&J Snack Foods Corp.		50,000		2,096,500
John B. Sanfilippo & Son, Inc.*		2,000		26,400
Lifeway Foods, Inc.*		230,105		2,420,705
Ralcorp Holdings, Inc.*		54,000		3,157,920
Rock Field Co., Ltd.		200,000		3,136,080
Smart Balance, Inc.*		240,100		931,588
Tootsie Roll Industries, Inc.		343,000		8,533,840

				53,700,289

*Household Products* (*1.1%*)
Church & Dwight Co., Inc.		43,000		2,792,420
Energizer Holdings, Inc.*		55,000	$	3,697,650
Katy Industries, Inc.*‡		635,000		508,000
Oil-Dri Corp. of America‡		439,300		9,449,343
WD-40 Co.		38,000		1,444,760

				17,892,173

*Personal Products* (*1.0%*)
Alberto-Culver Co.		85,000		3,200,250
Elizabeth Arden, Inc.*		11,000		219,890
Revlon, Inc., Class A*		22,000		277,640
Schiff Nutrition International, Inc.‡		1,265,000		10,373,000
United-Guardian, Inc.		153,000		2,200,140

				16,270,920

Total Consumer Staples				130,289,080

Energy (3.3%)
*Energy Equipment & Services* (*3.2%*)
Key Energy Services, Inc.*		90,000		855,900
Lufkin Industries, Inc.		252,000		11,062,800
Oceaneering International, Inc.*		60,000		3,231,600
Rowan Cos., Inc.*		215,000		6,527,400
RPC, Inc.		1,600,000		33,856,000
Union Drilling, Inc.*		122,000		546,560

				56,080,260

*Oil, Gas & Consumable Fuels* (*0.1%*)
Genesis Energy LP		48,000		1,128,960
Voyager Oil & Gas, Inc.*		45,503		156,985

				1,285,945

Total Energy				57,366,205

Financials (4.8%)
*Capital Markets* (*2.8%*)
Artio Global Investors, Inc.		83,000		1,269,900
BKF Capital Group, Inc.*		50,000		52,500
Calamos Asset Management, Inc., Class A		110,000		1,265,000
Cohen & Steers, Inc.		203,371		4,413,151
Duff & Phelps Corp., Class A		45,000		606,150
Epoch Holding Corp.		440,000		5,667,200
GAM Holding Ltd.*		265,000		4,018,216
Janus Capital Group, Inc.		850,000		9,307,500
KKR & Co. (Guernsey) LP		150,000		1,590,000
Legg Mason, Inc.		30,000		909,300
Pzena Investment Management, Inc., Class A		14,000		96,180
SWS Group, Inc.		590,000		4,230,300
Waddell & Reed Financial, Inc., Class A		500,000		13,680,000

				47,105,397

*Commercial Banks* (*0.4%*)
Fidelity Southern Corp.*		26,014		170,652
Hudson Valley Holding Corp.		33,000		644,160
Nara Bancorp, Inc.*		560,000		3,953,600
Sterling Bancorp/New York		285,000		2,476,650

				7,245,062

*Consumer Finance* (*0.2%*)
Discover Financial Services		170,000		2,835,600

*Diversified Financial Services* (*0.0%*)
Medallion Financial Corp.		25,000		194,750

*Insurance* (*1.0%*)
Alleghany Corp.*		3,329		1,008,787
Argo Group International Holdings Ltd.		75,000		2,605,500

See Notes to Portfolio of Investments.

270

EQ ADVISORS TRUST

EQ/GAMCO SMALL COMPANY VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
CNA Surety Corp.*		787,000	$	14,103,040

				17,717,327

*Real Estate Investment Trusts (REITs)* (*0.0%*)
Gyrodyne Co. of America, Inc. (REIT)*		5,000		389,500

*Real Estate Management & Development* (*0.0%*)
Capital Properties, Inc., Class A		11,260		92,895
Capital Properties, Inc., Class B(b)†		7,800		64,350

				157,245

*Thrifts & Mortgage Finance* (*0.4%*)
Crazy Woman Creek Bancorp, Inc.		15,750		161,437
Flushing Financial Corp.		190,000		2,196,400
NewAlliance Bancshares, Inc.		400,000		5,048,000

				7,405,837

Total Financials				83,050,718

Health Care (5.6%)
*Biotechnology* (*0.7%*)
Cepheid, Inc.*		200,000		3,742,000
Crucell N.V. (ADR)*		250,000		8,315,000
Genzyme Corp.*		500		35,395

				12,092,395

*Health Care Equipment & Supplies* (*3.1%*)
Alere, Inc.*		10,000		309,300
Align Technology, Inc.*		65,000		1,272,700
AngioDynamics, Inc.*		120,000		1,828,800
Anika Therapeutics, Inc.*		8,000		48,240
ArthroCare Corp.*		172,000		4,674,960
Biolase Technology, Inc.*		130,000		152,100
CONMED Corp.*		80,000		1,792,800
Cooper Cos., Inc.		100,000		4,622,000
Cutera, Inc.*		400,000		3,240,000
Cynosure, Inc., Class A*		24,000		245,040
Del Global Technologies Corp.*		70,000		39,200
DENTSPLY International, Inc.		4,500		143,865
DexCom, Inc.*		55,000		727,100
Exactech, Inc.*		204,818		3,342,630
Greatbatch, Inc.*		60,000		1,391,400
ICU Medical, Inc.*		17,000		633,930
IRIS International, Inc.*		370,000		3,552,000
Kensey Nash Corp.*		67,000		1,935,630
Kinetic Concepts, Inc.*		30,000		1,097,400
Neogen Corp.*		10,000		338,500
Orthofix International N.V.*		60,000		1,885,200
Osteotech, Inc.*		30,000		193,800
Palomar Medical Technologies, Inc.*		77,600		801,608
Quidel Corp.*		300,000		3,297,000
Rochester Medical Corp.*		145,400		1,586,314
RTI Biologics, Inc.*		100,000		263,000
SSL International plc		520,000		9,459,331
Syneron Medical Ltd.*		30,000		297,600
Vascular Solutions, Inc.*		230,000		2,640,400
Wright Medical Group, Inc.*		26,000		374,660
Young Innovations, Inc.		55,400		1,584,994

				53,771,502

*Health Care Providers & Services* (*1.4%*)
American Dental Partners, Inc.*		20,000		241,200
Animal Health International, Inc.*		195,700		538,175
Chemed Corp.		256,000		14,584,320
Continucare Corp.*		110,000		462,000
Gentiva Health Services, Inc.*		2,000		43,700
Henry Schein, Inc.*		10,000		585,800
MWI Veterinary Supply, Inc.*		30,000		1,731,600
Owens & Minor, Inc.		120,000	$	3,415,200
Patterson Cos., Inc.		50,000		1,432,500
PSS World Medical, Inc.*		58,000		1,240,040

				24,274,535

*Life Sciences Tools & Services* (*0.1%*)
Life Technologies Corp.*		20,000		933,800

*Pharmaceuticals* (*0.3%*)
Allergan, Inc.		32,000		2,128,960
Heska Corp.*		135,000		60,750
Matrixx Initiatives, Inc.*		95,000		484,500
Pain Therapeutics, Inc.*		495,000		3,059,100

				5,733,310

Total Health Care				96,805,542

Industrials (27.1%)
*Aerospace & Defense* (*3.2%*)
AAR Corp.*		75,000		1,399,500
Astronics Corp.*		10,000		174,500
Astronics Corp., Class B*		2,600		43,680
Curtiss-Wright Corp.		775,000		23,482,500
Ducommun, Inc.		10,000		217,800
GenCorp, Inc.*		868,000		4,270,560
HEICO Corp.		32,500		1,483,300
Herley Industries, Inc.*		424,000		6,996,000
Innovative Solutions & Support, Inc.*		15,000		73,350
Moog, Inc., Class A*		60,000		2,130,600
Moog, Inc., Class B*		30,900		1,112,400
Precision Castparts Corp.		110,000		14,008,500

				55,392,690

*Air Freight & Logistics* (*0.4%*)
Park-Ohio Holdings Corp.*		465,000		6,184,500

*Building Products* (*0.8%*)
A.O. Smith Corp.		15,000		868,350
Griffon Corp.*		1,020,000		12,433,800

				13,302,150

*Commercial Services & Supplies* (*2.5%*)
ACCO Brands Corp.*		150,000		862,500
Bowne & Co., Inc.		130,000		1,472,900
Brink’s Co.		242,200		5,570,600
Casella Waste Systems, Inc., Class A*		130,000		546,000
Covanta Holding Corp.		220,000		3,465,000
KAR Auction Services, Inc.*		275,000		3,467,750
Loomis AB, Class B		270,000		3,244,638
Republic Services, Inc.		400,000		12,196,000
Rollins, Inc.		438,000		10,240,440
Waste Connections, Inc.*		15,000		594,900
WCA Waste Corp.*		100,000		480,000

				42,140,728

*Construction & Engineering* (*0.7%*)
Furmanite Corp.*		550,000		2,684,000
Insituform Technologies, Inc., Class A*		80,000		1,934,400
Layne Christensen Co.*		320,000		8,284,800

				12,903,200

*Electrical Equipment* (*4.7%*)
AMETEK, Inc.		182,000		8,694,140
AZZ, Inc.		4,000		171,360
Baldor Electric Co.		300,000		12,120,000
Belden, Inc.		50,000		1,319,000
C&D Technologies, Inc.*		10,000		2,965
Ener1, Inc.*		14,000		51,520
Franklin Electric Co., Inc.		125,000		4,145,000

See Notes to Portfolio of Investments.

271

EQ ADVISORS TRUST

EQ/GAMCO SMALL COMPANY VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
GrafTech International Ltd.*		1,440,000	$	22,507,200
Magnetek, Inc.*		645,000		851,400
Rockwell Automation, Inc.		116,000		7,160,680
Roper Industries, Inc.		40,000		2,607,200
SL Industries, Inc.*		271,200		3,821,208
Thomas & Betts Corp.*		378,800		15,538,376
Woodward Governor Co.		50,000		1,621,000

				80,611,049

*Industrial Conglomerates* (*1.9%*)
Otter Tail Corp.		220,000		4,485,800
Standex International Corp.		86,000		2,080,340
Textron, Inc.		290,000		5,962,400
Tredegar Corp.		816,600		15,499,068
Tyco International Ltd.		136,116		4,999,541

				33,027,149

*Machinery* (*10.0%*)
Ampco-Pittsburgh Corp.		291,900		7,244,958
Astec Industries, Inc.*		46,000		1,312,380
Badger Meter, Inc.		36,000		1,457,280
Baldwin Technology Co., Inc., Class A*		460,000		561,200
Barnes Group, Inc.		5,000		87,950
CIRCOR International, Inc.		450,000		14,220,000
CLARCOR, Inc.		374,000		14,447,620
CNH Global N.V.*		800,000		29,312,000
Crane Co.		595,000		22,574,300
Donaldson Co., Inc.		112,000		5,278,560
Eastern Co.		4,600		75,164
Flowserve Corp.		44,000		4,814,480
Gorman-Rupp Co.		147,000		4,051,320
Graco, Inc.		145,000		4,600,850
Greenbrier Cos., Inc.*		124,000		1,933,160
IDEX Corp.		165,000		5,859,150
Interpump Group S.p.A.*		50,000		312,866
Kennametal, Inc.		49,500		1,531,035
L.S. Starrett Co., Class A		141,000		1,473,450
Lincoln Electric Holdings, Inc.		58,000		3,353,560
Lindsay Corp.		77,000		3,335,640
Met-Pro Corp.		95,000		958,550
Middleby Corp.*		1,000		63,390
Mueller Water Products, Inc., Class A		65,000		196,300
Navistar International Corp.*		200,000		8,728,000
Nordson Corp.		20,000		1,473,800
Robbins & Myers, Inc.		194,000		5,195,320
Tennant Co.		335,000		10,351,500
Terex Corp.*		140,000		3,208,800
Thermadyne Holdings Corp.*		5,000		70,650
Twin Disc, Inc.		37,096		517,489
Valmont Industries, Inc.		10,000		724,000
Watts Water Technologies, Inc., Class A		350,000		11,917,500

				171,242,222

*Road & Rail* (*0.1%*)
Providence and Worcester Railroad Co.		119,000		1,469,650

*Trading Companies & Distributors* (*2.5%*)
GATX Corp.		516,200		15,134,984
Kaman Corp.		728,000		19,080,880
National Patent Development Corp.*		250,000		347,500
Rush Enterprises, Inc., Class B*		480,021		6,600,289
United Rentals, Inc.*		80,000		1,187,200

				42,350,853

*Transportation Infrastructure* (*0.3%*)
BBA Aviation plc		1,753,103	$	5,188,440
Macquarie Infrastructure Co. LLC*		34,000		527,000

				5,715,440

Total Industrials				464,339,631

Information Technology (8.2%)
*Communications Equipment* (*1.1%*)
ADC Telecommunications, Inc.*		800,000		10,136,000
Bel Fuse, Inc., Class A		37,241		779,454
Communications Systems, Inc.		160,900		1,832,651
EchoStar Corp., Class A*		30,000		572,400
Emulex Corp.*		10,000		104,400
Plantronics, Inc.		45,000		1,520,100
Sycamore Networks, Inc.		92,000		2,981,720

				17,926,725

*Computers & Peripherals* (*2.3%*)
ADPT Corp.*		400,000		1,180,000
Diebold, Inc.		533,000		16,570,970
Intermec, Inc.*		1,316,538		16,140,756
NCR Corp.*		390,000		5,315,700
TransAct Technologies, Inc.*		120,000		960,000

				40,167,426

*Electronic Equipment, Instruments & Components* (*2.2%*)
Anixter International, Inc.*		6,000		323,940
CTS Corp.		855,000		8,225,100
Gerber Scientific, Inc.*		485,000		2,992,450
ICx Technologies, Inc.*		5,000		37,750
KEMET Corp.*		250,000		835,000
Littelfuse, Inc.*		125,000		5,462,500
Methode Electronics, Inc.		200,000		1,816,000
Park Electrochemical Corp.		562,000		14,803,080
Smartrac N.V.*		11,000		299,165
Trans-Lux Corp.*		99,000		48,510
Zygo Corp.*		330,000		3,234,000

				38,077,495

*Internet Software & Services* (*0.3%*)
AOL, Inc.*		21,000		519,750
Stamps.com, Inc.*		70,000		910,000
ValueClick, Inc.*		330,000		4,316,400

				5,746,150

*IT Services* (*0.1%*)
Edgewater Technology, Inc.*		590,000		1,604,800

*Office Electronics* (*0.6%*)
Zebra Technologies Corp., Class A*		300,000		10,092,000

*Semiconductors & Semiconductor Equipment* (*0.6%*)
Cypress Semiconductor Corp.*		400,000		5,032,000
MoSys, Inc.*		20,000		97,600
Tech/Ops Sevcon, Inc.*‡		475,100		2,399,255
Trident Microsystems, Inc.*		590,000		1,008,900
Zoran Corp.*		150,000		1,146,000

				9,683,755

*Software* (*1.0%*)
FalconStor Software, Inc.*		80,000		244,800
GSE Systems, Inc.*		18,000		60,660
Mentor Graphics Corp.*		95,000		1,004,150
Misys plc*		250,000		1,121,623
Take-Two Interactive Software, Inc.*		470,000		4,765,800
TiVo, Inc.*		548,080		4,965,605
Tyler Technologies, Inc.*		120,000		2,419,200

See Notes to Portfolio of Investments.

272

EQ ADVISORS TRUST

EQ/GAMCO SMALL COMPANY VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Unica Corp.*		100,000	$	2,098,000

				16,679,838

Total Information Technology				139,978,189

Materials (8.6%)
*Chemicals* (*6.2%*)
Albemarle Corp.		23,000		1,076,630
Arch Chemicals, Inc.		75,000		2,631,750
Ashland, Inc.		129,000		6,291,330
Core Molding Technologies, Inc.*		310,000		1,364,000
Cytec Industries, Inc.		6,000		338,280
Ferro Corp.*		2,025,000		26,102,250
H.B. Fuller Co.		355,000		7,053,850
Hawkins, Inc.		124,000		4,392,080
Huntsman Corp.		985,000		11,386,600
Material Sciences Corp.*		16,000		71,360
NewMarket Corp.		73,000		8,298,640
Olin Corp.		75,000		1,512,000
Omnova Solutions, Inc.*		750,000		5,392,500
Penford Corp.*		20,000		92,200
Quaker Chemical Corp.		5,000		162,800
Rockwood Holdings, Inc.*		100,000		3,147,000
Scotts Miracle-Gro Co., Class A		80,000		4,138,400
Sensient Technologies Corp.		305,000		9,299,450
Zep, Inc.		770,000		13,428,800

				106,179,920

*Construction Materials* (*0.1%*)
Texas Industries, Inc.		25,000		788,000

*Containers & Packaging* (*1.2%*)
Greif, Inc., Class A		142,000		8,355,280
Myers Industries, Inc.		995,000		8,547,050
Sonoco Products Co.		105,000		3,511,200

				20,413,530

*Metals & Mining* (*1.0%*)
Barrick Gold Corp.		20,000		925,800
Brush Engineered Materials, Inc.*		406,000		11,546,640
Kinross Gold Corp.		20,000		375,800
Lynas Corp., Ltd.*		250,000		329,835
Molycorp, Inc.*		84,500		2,390,505
WHX Corp.*		240,000		2,006,400

				17,574,980

*Paper & Forest Products* (*0.1%*)
Schweitzer-Mauduit International, Inc.		33,000		1,924,230

Total Materials				146,880,660

Telecommunication Services (2.0%)
*Diversified Telecommunication Services* (*0.9%*)
AboveNet, Inc.*		43,000		2,239,870
Cincinnati Bell, Inc.*		3,740,000		9,985,800
HickoryTech Corp.		56,000		477,680
New Ulm Telecom, Inc.		28,000		133,000
Verizon Communications, Inc.		80,000		2,607,200
Windstream Corp.		20,000		245,800

				15,689,350

*Wireless Telecommunication Services* (*1.1%*)
Clearwire Corp., Class A*		150,000		1,213,500
Rogers Communications, Inc., Class B		200,000		7,486,000
U.S. Cellular Corp.*		100,000		4,597,000
VimpelCom Ltd. (ADR)*		305,000		4,529,250

				17,825,750

Total Telecommunication Services				33,515,100

Utilities (8.0%)
*Electric Utilities* (*3.4%*)
Allegheny Energy, Inc.		22,000	$	539,440
Central Vermont Public Service Corp.		103,000		2,077,510
El Paso Electric Co.*		725,000		17,240,500
Great Plains Energy, Inc.		565,000		10,678,500
Maine & Maritimes Corp.		55,000		2,469,500
PNM Resources, Inc.		1,220,000		13,895,800
UniSource Energy Corp.		140,000		4,680,200
Westar Energy, Inc.		280,000		6,784,400

				58,365,850

*Gas Utilities* (*1.8%*)
AGL Resources, Inc.		4,000		153,440
Chesapeake Utilities Corp.		17,000		615,740
National Fuel Gas Co.		185,000		9,584,850
Oneok, Inc.		86,000		3,873,440
Southwest Gas Corp.		490,000		16,459,100

				30,686,570

*Independent Power Producers & Energy Traders* (*0.4%*)
AES Corp.*		350,000		3,972,500
Ormat Technologies, Inc.		82,000		2,391,940

				6,364,440

*Multi-Utilities* (*1.9%*)
Black Hills Corp.		386,000		12,043,200
CH Energy Group, Inc.		257,000		11,349,120
NorthWestern Corp.		345,000		9,832,500

				33,224,820

*Water Utilities* (*0.5%*)
Cadiz, Inc.*		4,000		41,040
Pennichuck Corp.		200,000		4,602,000
SJW Corp.		114,000		2,807,820
York Water Co.		52,700		844,781

				8,295,641

Total Utilities				136,937,321

Total Common Stocks (95.9%) (Cost $1,370,547,898)				1,643,876,935

PREFERRED STOCK:
Consumer Staples (0.0%)
*Personal Products* (*0.0%*)
Revlon, Inc.
12.750%		1,000		4,000

Total Preferred Stocks (0.0%) (Cost $6,528)				4,000

INVESTMENT COMPANY:
*Investment Company (0.0%)*
Ante5, Inc.* (Cost $14,788)		45,503		10,921

See Notes to Portfolio of Investments.

273

EQ ADVISORS TRUST

EQ/GAMCO SMALL COMPANY VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
LONG-TERM DEBT SECURITIES:
Corporate Bond (0.0%)
Consumer Discretionary (0.0%)
*Hotels, Restaurants & Leisure* (*0.0%*)
Biglari Holdings, Inc.
14.000%, 3/30/15†	$	113,000	$	111,305

Total Consumer Discretionary				111,305

Total Corporate Bonds				111,305

Total Long-Term Debt Securities (0.0%) (Cost $110,863)				111,305


	Number of Warrants		Value (Note 1)
WARRANTS:
Consumer Discretionary (0.1%)
*Auto Components (0.0%)*
Federal-Mogul Corp., expiring 12/27/14*		4,531		1,495

*Media* (*0.0%*)
SearchMedia Holdings Ltd., expiring 11/19/11*		125,000		48,000

*Specialty Retail* (*0.1%*)
Talbots, Inc., expiring 4/6/15*		325,000		910,000

Total Warrants (0.1%) (Cost $1,290,855)				959,495


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Government Securities (2.8%)
U.S. Treasury Bills
0.14%, 10/7/10 (p)	$	15,000,000		14,999,606
0.13%, 12/16/10 (p)		32,000,000		31,991,232

Total Government Securities				46,990,838

Time Deposit (1.3%)
JPMorgan Chase Nassau
0.000%, 10/1/10		22,605,736		22,605,736

Total Short-Term Investments (4.1%) (Cost/Amortized Cost $69,595,591)				69,596,574

Total Investments (100.1%) (Cost/Amortized Cost $1,441,566,523)				1,714,559,230
Other Assets Less Liabilities (-0.1%)				(997,733	)

Net Assets (100%)			$	1,713,561,497

*	Non-income producing.

†	Securities (totaling $175,655 or 0.0% of net assets) at fair value by management.

‡	Affiliated company as defined under the Investment Company Act of 1940.

(b)

Illiquid Security.

(p)

Yield to maturity.

Glossary:

ADR — American Depositary Receipt

See Notes to Portfolio of Investments.

274

EQ ADVISORS TRUST

EQ/GAMCO SMALL COMPANY VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
Beasley Broadcasting Group, Inc., Class A	$	1,285,100	$	179,609	$	—	$	2,137,160	$	—	$	—
Canterbury Park Holding Corp.		1,337,875		161,954		—		1,589,176		—		—
Griffin Land & Nurseries, Inc.		7,049,460		821,734		—		7,216,058		75,904		—
Ingles Markets, Inc., Class A		8,926,745		1,120,074		—		11,049,022		314,327		—
Katy Industries, Inc.		1,100,750		11,379		19,473		508,000		—		(18,381	)
Oil-Dri Corp. of America		6,696,000		140,296		—		9,449,343		198,720		—
Schiff Nutrition International, Inc.		9,814,100		78,425		—		10,373,000		627,500		—
Sonesta International Hotels Corp., Class A		3,597,840		55,568		42,024		4,692,000		—		(29,404	)
Tech/Ops Sevcon, Inc.		923,165		190,146		—		2,399,255		—		—
Trans-Lux Corp.		78,100		—		76,576		48,510		—		(71,199	)

	$	40,809,135	$	2,759,185	$	138,073	$	49,461,524	$	1,216,451	$	(118,984	)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	343,916,098	$	10,798,391	$	—	$	354,714,489
Consumer Staples		125,384,812		4,904,268		—		130,289,080
Energy		57,366,205		—		—		57,366,205
Financials		78,271,820		4,714,548		64,350		83,050,718
Health Care		87,307,011		9,498,531		—		96,805,542
Industrials		454,187,943		10,151,688		—		464,339,631
Information Technology		136,109,636		3,868,553		—		139,978,189
Materials		146,550,825		329,835		—		146,880,660
Telecommunication Services		33,382,100		133,000		—		33,515,100
Utilities		136,937,321		—		—		136,937,321
Corporate Bonds
Consumer Discretionary		—		—		111,305		111,305
Investment Companies
Investment Companies		10,921		—		—		10,921
Preferred Stocks
Consumer Staples		4,000		—		—		4,000
Short-Term Investments		—		69,596,574		—		69,596,574
Warrants
Consumer Discretionary		958,000		1,495		—		959,495

Total Assets	$	1,600,386,692	$	113,996,883	$	175,655	$	1,714,559,230

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	1,600,386,692	$	113,996,883	$	175,655	$	1,714,559,230

See Notes to Portfolio of Investments.

275

EQ ADVISORS TRUST

EQ/GAMCO SMALL COMPANY VALUE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities- Consumer Discretionary		Investments in Securities- Consumer Staples			Investments in Securities-Financials
Balance as of 12/31/09	$	—	$	15,309		$	66,300
Total gains or losses (realized/unrealized) included in earnings		565		—			(1,950	)
Purchases, sales, issuances, and settlements (net)		110,740		—			—
Transfers into Level 3		—		—			—
Transfers out of Level 3		—		(15,309	)		—

Balance as of 9/30/10	$	111,305	$	—		$	64,350

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	565	$	—		$	(1,950	)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	255,186,765
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	202,107,195

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	402,107,032
Aggregate gross unrealized depreciation		(145,483,921	)

Net unrealized appreciation	$	256,623,111

Federal income tax cost of investments	$	1,457,936,119

See Notes to Portfolio of Investments.

276

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
LONG-TERM DEBT SECURITIES:
Aruba (0.0%)
UFJ Finance Aruba AEC
6.750%, 7/15/13	$	200,000	$	225,417

Australia (2.3%)
Australia Government Bond
5.750%, 5/15/21	AUD	8,200,000		8,403,868
3.000%, 9/20/25		12,875,000		13,702,204
BHP Billiton Finance USA Ltd.
5.250%, 12/15/15	$	200,000		228,596
6.500%, 4/1/19		250,000		306,832
General Electric Capital Australia Funding Pty Ltd.
5.750%, 1/18/11	AUD	360,000		347,559
6.000%, 6/15/11		408,000		392,635
6.000%, 3/15/19		800,000		719,651
New South Wales Treasury Corp.
6.000%, 4/1/19		7,350,000		7,403,490
Westpac Banking Corp.
2.100%, 8/2/13	$	100,000		101,491
4.200%, 2/27/15		375,000		403,034
4.625%, 6/1/18		100,000		105,316

Total Australia				32,114,676

Austria (0.0%)
Oesterreichische Kontrollbank AG
4.500%, 3/9/15		100,000		112,088
4.875%, 2/16/16		200,000		228,589

Total Austria				340,677

Brazil (1.1%)
Federative Republic of Brazil
8.000%, 1/15/18		1,750,000		2,092,125
5.875%, 1/15/19		845,000		990,763
12.500%, 1/5/22	BRL	15,000,000		10,882,092
5.625%, 1/7/41	$	800,000		878,000

Total Brazil				14,842,980

Canada (4.3%)
Anadarko Finance Co.
Series B
7.500%, 5/1/31		200,000		216,302
Barrick Gold Finance Co.
4.875%, 11/15/14		1,100,000		1,211,442
Bombardier, Inc.
7.250%, 11/15/16(m)	EUR	712,000		1,033,725
Canada Housing Trust No 1
4.100%, 12/15/18	CAD	15,455,000		16,357,006
Canadian Government Bond
2.375%, 9/10/14	$	1,655,000		1,734,122
3.750%, 6/1/19	CAD	12,575,000		13,237,177
Canadian National Railway Co.
5.550%, 5/15/18	$	252,000		296,986
6.900%, 7/15/28		100,000		128,600
6.200%, 6/1/36		125,000		153,027
Canadian Natural Resources Ltd.
4.900%, 12/1/14		100,000		111,477
6.500%, 2/15/37		500,000		589,598
Cenovus Energy, Inc.
5.700%, 10/15/19		595,000		697,229
ConocoPhillips Canada Funding Co. I
5.625%, 10/15/16		600,000		707,533
EnCana Corp.
6.500%, 2/1/38		200,000		233,195
EnCana Holdings Finance Corp.
5.800%, 5/1/14		600,000		680,949
Hydro Quebec
8.400%, 1/15/22	$	200,000	$	290,724
Nexen, Inc.
5.200%, 3/10/15		200,000		219,805
5.875%, 3/10/35		100,000		102,048
6.400%, 5/15/37		200,000		217,938
Petro-Canada, Inc.
5.950%, 5/15/35		120,000		127,429
6.800%, 5/15/38		95,000		112,610
Potash Corp of Saskatchewan, Inc.
5.875%, 12/1/36		280,000		290,954
Province of British Columbia
4.300%, 5/30/13		100,000		109,284
Province of Manitoba
5.000%, 2/15/12		200,000		212,039
Province of Nova Scotia
5.125%, 1/26/17		500,000		582,230
Province of Ontario
4.375%, 2/15/13		200,000		216,699
4.100%, 6/16/14		1,445,000		1,587,379
4.500%, 2/3/15		400,000		449,790
6.250%, 6/16/15	NZD	14,700,000		11,406,995
4.750%, 1/19/16	$	200,000		228,363
Province of Quebec
4.600%, 5/26/15		200,000		226,571
7.500%, 9/15/29		300,000		437,100
Rio Tinto Alcan, Inc.
4.500%, 5/15/13		1,990,000		2,126,046
Rogers Communications, Inc.
7.250%, 12/15/12		400,000		450,718
Suncor Energy, Inc.
6.100%, 6/1/18		500,000		585,262
Teck Resources Ltd.
3.850%, 8/15/17		50,000		51,526
4.500%, 1/15/21		200,000		207,204
TransCanada Pipelines Ltd.
5.850%, 3/15/36		400,000		438,962
Vale Inco Ltd.
7.750%, 5/15/12		100,000		108,806
Xstrata Canada Corp.
6.200%, 6/15/35		100,000		103,758

Total Canada				58,278,608

Cayman Islands (0.4%)
Petrobras International Finance Co.
5.750%, 1/20/20		3,880,000		4,295,335
Sable International Finance Ltd.
7.750%, 2/15/17(m)		750,000		791,250
Transocean, Inc.
6.800%, 3/15/38		140,000		143,557
Vale Overseas Ltd.
6.875%, 11/21/36		400,000		456,983

Total Cayman Islands				5,687,125

Chile (0.0%)
Celulosa Arauco y Constitucion S.A.
5.125%, 7/9/13		100,000		106,891
Republic of Chile
5.500%, 1/15/13		100,000		109,147

Total Chile				216,038

Czech Republic (0.8%)
Czech Republic Government Bond
5.000%, 4/11/19	CZK	183,500,000		11,455,664

See Notes to Portfolio of Investments.

277

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Denmark (1.5%)
Nykredit A/S
4.000%, 10/1/41	DKK	64,750,000	$	11,702,093
Realkredit Danmark A/S
4.000%, 10/1/41		53,050,000		9,604,565

Total Denmark				21,306,658

France (2.4%)
Caisse d’Amortissement de la Dette Sociale
4.250%, 4/25/20	EUR	2,400,000		3,658,919
3.375%, 4/25/21		2,200,000		3,127,076
Dexia Municipal Agency
5.750%, 2/7/12	AUD	1,500,000		1,440,836
France Government Bond OAT
4.250%, 4/25/19	EUR	9,425,000		14,579,471
France Telecom S.A.
7.250%, 1/28/13		2,400,000		3,664,979
8.500%, 3/1/31	$	200,000		289,274
Lafarge S.A.
6.500%, 7/15/16		100,000		107,921
Total Capital S.A.
4.875%, 1/28/19	EUR	2,000,000		3,146,574
4.450%, 6/24/20	$	200,000		218,861
Veolia Environnement
4.375%, 1/16/17	EUR	2,147,000		3,168,709

Total France				33,402,620

Germany (3.7%)
Bundesobligation
3.500%, 4/12/13		6,675,000		9,695,178
Bundesrepublik Deutschland
4.250%, 7/4/17		7,725,000		12,104,348
4.250%, 7/4/18		3,430,000		5,403,993
Deutsche Bank AG/London
4.875%, 5/20/13	$	800,000		869,013
HeidelbergCement Finance AG
8.000%, 1/31/17	EUR	600,000		867,027
Kreditanstalt fuer Wiederaufbau
3.500%, 3/10/14	$	1,600,000		1,732,413
4.125%, 10/15/14		400,000		443,198
4.375%, 7/21/15		800,000		904,536
4.375%, 7/4/18	EUR	2,000,000		3,094,763
3.875%, 1/21/19		2,800,000		4,200,451
4.875%, 6/17/19	$	4,000,000		4,713,399
6.250%, 12/4/19	AUD	2,250,000		2,221,364
2.750%, 9/8/20	$	2,000,000		2,012,628
Landwirtschaftliche Rentenbank
5.125%, 2/1/17		500,000		586,897
2.375%, 9/13/17		1,700,000		1,711,605
UPC Germany GmbH
9.625%, 12/1/19(m)	EUR	680,000		1,001,171

Total Germany				51,561,984

Ireland (0.3%)
Ardagh Glass Finance plc
8.750%, 2/1/20(m)		750,000		1,017,325
GE Capital European Funding
4.125%, 10/27/16		1,432,000		2,058,791
Smurfit Kappa Acquisitions
7.250%, 11/15/17(m)		700,000		992,446
XL Capital Ltd.
5.250%, 9/15/14	$	400,000		426,246

Total Ireland				4,494,808

Italy (0.1%)
Republic of Italy
4.375%, 6/15/13		300,000		318,040
2.125%, 9/16/13		300,000		300,485
4.500%, 1/21/15	$	500,000	$	535,678
4.750%, 1/25/16		200,000		214,937
6.875%, 9/27/23		100,000		121,311
5.375%, 6/15/33		400,000		407,193

Total Italy				1,897,644

Japan (0.0%)
Nomura Holdings, Inc.
5.000%, 3/4/15		175,000		189,011

Liberia (0.1%)
Royal Caribbean Cruises Ltd.
7.250%, 6/15/16		1,000,000		1,040,000

Luxembourg (0.3%)
ArcelorMittal S.A.
6.125%, 6/1/18		1,195,000		1,292,412
Covidien International Finance S.A.
6.000%, 10/15/17		800,000		951,215
Telecom Italia Capital S.A.
5.250%, 10/1/15		600,000		647,481
6.000%, 9/30/34		100,000		94,335
Tyco International Finance S.A.
4.125%, 10/15/14		500,000		544,217
Wind Acquisition Finance S.A.
11.000%, 12/1/15(m)	EUR	840,000		1,205,249

Total Luxembourg				4,734,909

Malaysia (0.9%)
Malaysian Government Bond
3.835%, 8/12/15	MYR	15,900,000		5,284,007
4.240%, 2/7/18		21,000,000		7,121,102

Total Malaysia				12,405,109

Mexico (1.0%)
America Movil S.A.B. de C.V.
5.750%, 1/15/15	$	100,000		113,073
6.375%, 3/1/35		100,000		113,752
United Mexican States
6.375%, 1/16/13		400,000		445,400
9.500%, 12/18/14	MXN	127,480,000		11,647,708
6.750%, 9/27/34	$	800,000		994,000

Total Mexico				13,313,933

Netherlands (2.7%)
Bank Nederlandse Gemeenten
2.875%, 1/15/15	EUR	2,580,000		3,649,892
BMW Finance N.V.
4.000%, 9/17/14		2,600,000		3,736,038
British American Tobacco Holdings B.V.
5.500%, 9/15/16	GBP	1,710,000		2,960,020
Deutsche Telekom International Finance B.V.
5.250%, 7/22/13	$	400,000		438,758
4.875%, 7/8/14		2,900,000		3,188,504
5.750%, 3/23/16		200,000		230,731
8.750%, 6/15/30		200,000		280,051
Diageo Finance B.V.
5.300%, 10/28/15		400,000		460,628
E.ON International Finance B.V.
5.750%, 5/7/20	EUR	824,000		1,359,038
Netherlands Government Bond
4.500%, 7/15/17		2,150,000		3,372,277
3.500%, 7/15/20		3,300,000		4,881,791
4.000%, 1/15/37		5,000,000		8,093,889
New World Resources N.V.
7.375%, 5/15/15(m)		730,000		990,197
OI European Group B.V.
6.875%, 3/31/17(m)		750,000		1,063,335
Shell International Finance B.V.
4.000%, 3/21/14	$	810,000		877,561

See Notes to Portfolio of Investments.

278

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
6.375%, 12/15/38	$	235,000	$	297,954
Ziggo Bond Co. B.V.
8.000%, 5/15/18§	EUR	725,000		1,040,245

Total Netherlands				36,920,909

New Zealand (0.4%)
New Zealand Government Bond
6.000%, 12/15/17	NZD	6,700,000		5,286,736

Norway (0.8%)
Eksportfinans A/S
5.500%, 5/25/16	$	540,000		630,662
Norwegian Government Bond
6.500%, 5/15/13	NOK	26,035,000		4,880,254
4.250%, 5/19/17		30,100,000		5,535,715
Statoil ASA
3.125%, 8/17/17	$	100,000		103,996
6.800%, 1/15/28		300,000		376,487

Total Norway				11,527,114

Panama (0.0%)
Republic of Panama
6.700%, 1/26/36		400,000		491,000

Peru (0.1%)
Republic of Peru
7.125%, 3/30/19		1,055,000		1,321,388

Poland (0.9%)
Poland Government Bond
5.500%, 4/25/15	PLN	34,500,000		12,020,221
Republic of Poland
5.000%, 10/19/15	$	100,000		109,263

Total Poland				12,129,484

Slovenia (0.3%)
Slovenia Government Bond
4.625%, 9/9/24	EUR	2,400,000		3,591,095

South Africa (0.0%)
Republic of South Africa
6.500%, 6/2/14	$	100,000		113,750
Savcio Holdings Pty Ltd.
8.000%, 2/15/13(m)	EUR	345,000		465,618

Total South Africa				579,368

South Korea (1.0%)
Korea Development Bank
5.750%, 9/10/13	$	100,000		109,471
3.250%, 3/9/16		400,000		400,449
Korea Treasury Bond
5.250%, 3/10/27	KRW	12,856,500,000		12,452,804
Republic of Korea
4.250%, 6/1/13	$	400,000		424,607

Total South Korea				13,387,331

Spain (0.2%)
Inaer Aviation Finance Ltd.
9.500%, 8/1/17§	EUR	1,500,000		2,039,763
Telefonica Emisiones S.A.U.
6.421%, 6/20/16	$	900,000		1,054,862

Total Spain				3,094,625

Supranational (2.7%)
Asian Development Bank
2.625%, 2/9/15		2,165,000		2,282,293
Corp. Andina de Fomento
6.875%, 3/15/12		100,000		107,915
Eurofima
6.250%, 12/28/18	AUD	5,480,000		5,346,059
European Investment Bank
4.250%, 7/15/13	$	1,400,000		1,528,442
3.000%, 4/8/14		705,000		750,774
4.625%, 5/15/14	$	500,000	$	560,940
6.500%, 9/10/14	NZD	4,800,000		3,776,531
4.625%, 10/20/15	$	1,400,000		1,603,825
4.875%, 2/16/16		300,000		348,511
5.125%, 9/13/16		200,000		236,343
6.125%, 1/23/17	AUD	3,960,000		3,869,993
3.125%, 3/3/17	EUR	3,850,000		5,516,853
4.750%, 10/15/17		6,800,000		10,692,290
Inter-American Development Bank
5.125%, 9/13/16	$	525,000		620,307
International Bank for Reconstruction & Development
7.625%, 1/19/23		500,000		725,754

Total Supranational				37,966,830

Sweden (1.5%)
Sweden Government Bond
5.000%, 12/1/20	SEK	115,000,000		20,731,342

Switzerland (0.1%)
Credit Suisse Guernsey Ltd.
5.860%, 12/31/49(l)	$	250,000		237,656
UBS AG/Connecticut
5.875%, 7/15/16		500,000		553,908
5.875%, 12/20/17		200,000		226,297
Weatherford International Ltd.
5.500%, 2/15/16		425,000		465,371

Total Switzerland				1,483,232

United Kingdom (3.9%)
AstraZeneca plc
5.400%, 6/1/14		100,000		114,100
5.900%, 9/15/17		200,000		240,740
6.450%, 9/15/37		100,000		125,898
BP Capital Markets plc
5.250%, 11/7/13		1,940,000		2,112,913
3.875%, 3/10/15		720,000		749,107
4.500%, 10/1/20		100,000		102,262
British Telecommunications plc
9.875%, 12/15/30		300,000		417,709
Diageo Capital plc
5.500%, 9/30/16		300,000		349,922
HSBC Holdings plc
6.500%, 5/2/36		400,000		445,337
6.500%, 9/15/37		250,000		280,358
Imperial Tobacco Finance plc
4.375%, 11/22/13	EUR	1,200,000		1,729,014
Infinis plc
9.125%, 12/15/14(m)	GBP	675,000		1,113,375
ISS Financing plc
11.000%, 6/15/14(m)	EUR	700,000		1,052,088
Kerling plc
10.625%, 1/28/17(m)		750,000		1,078,672
Marks & Spencer plc
6.250%, 12/1/17(m)	$	750,000		825,109
National Grid plc
6.500%, 4/22/14	EUR	900,000		1,396,481
5.000%, 7/2/18		500,000		744,840
Nationwide Building Society
3.750%, 1/20/15		1,100,000		1,510,177
Royal Bank of Scotland Group plc
5.000%, 10/1/14	$	200,000		200,450
Royal Bank of Scotland plc
5.625%, 8/24/20		200,000		209,693
Tesco plc
5.875%, 9/12/16	EUR	1,550,000		2,487,582
5.500%, 11/15/17(m)	$	975,000		1,122,577

See Notes to Portfolio of Investments.

279

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
United Kingdom Gilt
4.750%, 3/7/20	GBP	16,600,000	$	29,915,464
United Utilities Water plc
4.250%, 1/24/20	EUR	1,000,000		1,419,883
Virgin Media Finance plc
9.125%, 8/15/16	$	540,000		577,800
8.875%, 10/15/19	GBP	255,000		450,652
Vodafone Group plc
5.000%, 12/16/13	$	400,000		439,743
4.150%, 6/10/14		260,000		280,820
6.250%, 1/15/16	EUR	900,000		1,432,325
7.875%, 2/15/30	$	100,000		132,569
6.150%, 2/27/37		100,000		117,107
William Hill plc
7.125%, 11/11/16	GBP	600,000		963,747

Total United Kingdom				54,138,514

United States (63.8%)
3M Co.
5.700%, 3/15/37	$	325,000		383,000
Abbott Laboratories, Inc.
2.700%, 5/27/15		500,000		525,207
5.875%, 5/15/16		200,000		240,325
5.125%, 4/1/19		400,000		461,016
ACE INA Holdings, Inc.
5.875%, 6/15/14		300,000		340,853
AEP Texas Central Transition Funding LLC
Series 2002-1 A4
5.170%, 1/1/18		850,000		995,679
Aetna, Inc.
6.000%, 6/15/16		400,000		469,308
Aflac, Inc.
6.450%, 8/15/40		100,000		104,119
Ahold Finance USA, Inc.
6.500%, 3/14/17	GBP	510,000		917,151
Alabama Power Co.
5.700%, 2/15/33	$	200,000		223,386
6.000%, 3/1/39		55,000		64,809
Alcoa, Inc.
5.375%, 1/15/13		200,000		212,641
5.870%, 2/23/22		200,000		196,731
Allstate Corp.
6.125%, 2/15/12		100,000		106,749
7.500%, 6/15/13		300,000		345,189
5.550%, 5/9/35		100,000		104,506
5.950%, 4/1/36		100,000		109,549
6.125%, 5/15/37(l)		115,000		106,950
6.500%, 5/15/57(l)		115,000		106,663
Altria Group, Inc.
9.700%, 11/10/18		400,000		541,441
10.200%, 2/6/39		200,000		295,580
AMB Property LP
4.500%, 8/15/17		100,000		101,070
American Electric Power Co., Inc.
5.250%, 6/1/15		100,000		110,819
American Express Co.
4.875%, 7/15/13		600,000		649,177
7.000%, 3/19/18		525,000		632,302
8.125%, 5/20/19		470,000		606,960
6.800%, 9/1/66(l)		170,000		170,000
American International Group, Inc.
5.050%, 10/1/15		100,000		101,750
5.600%, 10/18/16		200,000		204,000
5.850%, 1/16/18		500,000		517,500
American Tower Corp.
5.050%, 9/1/20	$	300,000	$	307,259
Amgen, Inc.
3.450%, 10/1/20		500,000		503,356
6.400%, 2/1/39		210,000		254,262
Anadarko Petroleum Corp.
6.450%, 9/15/36		400,000		400,481
Anheuser-Busch Cos., Inc.
5.000%, 3/1/19		100,000		110,302
6.450%, 9/1/37		295,000		349,039
Anheuser-Busch InBev Worldwide, Inc.
6.875%, 11/15/19§		2,700,000		3,360,145
AON Corp.
5.000%, 9/30/20		300,000		306,365
Apache Corp.
6.250%, 4/15/12		100,000		108,170
5.625%, 1/15/17		225,000		260,153
5.100%, 9/1/40		100,000		100,605
Appalachian Power Co.
Series L
5.800%, 10/1/35		100,000		105,621
ARAMARK Corp.
8.500%, 2/1/15		570,000		592,800
Archer-Daniels-Midland Co.
5.375%, 9/15/35		100,000		108,767
6.450%, 1/15/38		125,000		155,288
Arizona Public Service Co.
5.500%, 9/1/35		100,000		102,212
Associates Corp. of North America
6.950%, 11/1/18		100,000		110,395
AT&T Mobility LLC
7.125%, 12/15/31		295,000		363,546
AT&T, Inc.
5.875%, 8/15/12		200,000		217,682
5.100%, 9/15/14		500,000		561,393
5.625%, 6/15/16		100,000		116,158
5.500%, 2/1/18		420,000		487,140
6.150%, 9/15/34		700,000		766,259
6.550%, 2/15/39		235,000		273,299
5.350%, 9/1/40§		246,000		247,159
Atmos Energy Corp.
8.500%, 3/15/19		350,000		454,982
AvalonBay Communities, Inc.
6.125%, 11/1/12		275,000		300,109
BAC Capital Trust XI
6.625%, 5/23/36		100,000		103,229
Baker Hughes, Inc.
5.125%, 9/15/40		150,000		156,223
Baltimore Gas & Electric Co.
5.900%, 10/1/16		500,000		587,717
Banc of America Commercial Mortgage, Inc.
Series 2005-3 AM
4.727%, 7/10/43		1,000,000		907,238
Series 2005-4 A5A
4.933%, 7/10/45		1,000,000		1,061,223
Series 2006-6 A4
5.356%, 10/10/45		1,400,000		1,492,285
Series 2007-1 A4
5.451%, 1/15/49		1,280,000		1,328,194
Bank of America Corp.
2.100%, 4/30/12		1,300,000		1,332,029
4.875%, 9/15/12		100,000		105,604
4.875%, 1/15/13		300,000		318,530
4.750%, 8/1/15		300,000		316,942
5.250%, 12/1/15		400,000		423,139

See Notes to Portfolio of Investments.

280

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
5.625%, 10/14/16	$	300,000	$	323,851
5.650%, 5/1/18		2,690,000		2,850,067
5.625%, 7/1/20		500,000		528,350
Bank of America N.A.
5.300%, 3/15/17		400,000		411,684
Bank of New York Mellon Corp.
5.125%, 8/27/13		200,000		222,617
Bank One Corp.
5.250%, 1/30/13		100,000		107,776
8.000%, 4/29/27		100,000		127,712
Baxter International, Inc.
4.625%, 3/15/15		100,000		111,968
5.375%, 6/1/18		600,000		700,764
BB&T Corp.
4.750%, 10/1/12		100,000		105,898
Bear Stearns Commercial Mortgage Securities, Inc.
Series 2006-PW11 A4
5.623%, 3/11/39(l)		2,000,000		2,198,404
Bear Stearns Cos. LLC
5.700%, 11/15/14		200,000		225,508
5.300%, 10/30/15		100,000		111,560
4.650%, 7/2/18		200,000		210,551
BellSouth Corp.
6.000%, 10/15/11		500,000		527,015
5.200%, 9/15/14		300,000		337,363
6.550%, 6/15/34		100,000		111,833
Berkshire Hathaway Finance Corp.
4.850%, 1/15/15		1,030,000		1,158,900
Black & Decker Corp.
4.750%, 11/1/14		100,000		109,226
Block Financial LLC
7.875%, 1/15/13		100,000		108,513
Boeing Co.
5.000%, 3/15/14		425,000		478,226
Boston Properties LP
5.625%, 11/15/20		265,000		290,817
Boston Properties, Inc.
5.000%, 6/1/15		340,000		372,421
Bottling Group LLC
4.625%, 11/15/12		200,000		215,290
Bristol-Myers Squibb Co.
5.250%, 8/15/13		700,000		778,602
Burlington Northern Santa Fe LLC
5.750%, 3/15/18		200,000		232,048
5.050%, 3/1/41		400,000		398,757
Cadbury Schweppes U.S. Finance LLC
5.125%, 10/1/13§		100,000		109,384
Campbell Soup Co.
4.875%, 10/1/13		100,000		111,755
Capital One Capital III
7.686%, 8/15/36		150,000		152,250
Capital One Capital IV
6.745%, 2/17/37(l)		110,000		109,450
Capital One Financial Corp.
7.375%, 5/23/14		300,000		350,205
5.250%, 2/21/17		200,000		215,220
Caterpillar Financial Services Corp.
5.500%, 3/15/16		200,000		235,288
7.150%, 2/15/19		160,000		206,128
Caterpillar, Inc.
7.300%, 5/1/31		100,000		134,363
6.050%, 8/15/36		100,000		120,930
CBS Corp.
5.625%, 8/15/12		200,000		212,276
5.500%, 5/15/33		100,000		97,345
Cellco Partnership/Verizon Wireless Capital LLC
7.375%, 11/15/13	$	600,000	$	710,005
Cemex Finance LLC
9.625%, 12/14/17(m)	EUR	585,000		750,058
CenterPoint Energy Resources Corp.
7.875%, 4/1/13	$	200,000		230,300
Charter One Bank N.A.
6.375%, 5/15/12		400,000		423,938
Chubb Corp.
6.000%, 5/11/37		200,000		229,882
6.375%, 3/29/67(l)		250,000		246,250
Cisco Systems, Inc.
5.500%, 2/22/16		540,000		637,010
5.900%, 2/15/39		420,000		485,392
Citibank Credit Card Issuance Trust
Series 2008-C6 C6
6.300%, 6/20/14		200,000		213,311
Citigroup Commercial Mortgage Trust, Inc.
Series 2008-C7 A4
6.294%, 12/10/49(l)		1,825,000		1,963,408
Citigroup Funding, Inc.
2.250%, 12/10/12		5,000,000		5,172,094
Citigroup, Inc.
6.000%, 2/21/12		100,000		106,072
5.250%, 2/27/12		600,000		630,221
5.625%, 8/27/12		100,000		105,693
5.500%, 10/15/14		1,500,000		1,627,603
5.300%, 1/7/16		1,000,000		1,065,658
5.850%, 8/2/16		200,000		216,196
5.375%, 8/9/20		100,000		103,463
6.625%, 6/15/32		200,000		206,685
5.875%, 2/22/33		100,000		95,738
5.850%, 12/11/34		295,000		297,259
5.875%, 5/29/37		200,000		199,048
CNA Financial Corp.
5.875%, 8/15/20		150,000		152,950
Coca-Cola Enterprises, Inc.
7.375%, 3/3/14		200,000		240,416
Comcast Cable Communications Holdings, Inc.
8.375%, 3/15/13		100,000		116,129
9.455%, 11/15/22		100,000		141,035
Comcast Corp.
5.300%, 1/15/14		510,000		569,889
5.900%, 3/15/16		200,000		231,027
6.500%, 1/15/17		400,000		475,839
7.050%, 3/15/33		310,000		363,135
6.500%, 11/15/35		100,000		111,786
Comerica, Inc.
4.800%, 5/1/15		100,000		106,043
Commercial Mortgage Pass Through Certificates
Series 2006-C7 A4
5.961%, 6/10/46(l)		1,400,000		1,554,583
Commonwealth Edison Co.
6.150%, 3/15/12		100,000		107,270
6.150%, 9/15/17		600,000		710,777
ConAgra Foods, Inc.
7.000%, 10/1/28		100,000		120,604
ConocoPhillips
4.750%, 10/15/12		200,000		215,665
4.600%, 1/15/15		580,000		651,398
5.900%, 10/15/32		100,000		114,261
6.500%, 2/1/39		200,000		250,512
ConocoPhillips Australia Funding Co.
5.500%, 4/15/13		200,000		221,619

See Notes to Portfolio of Investments.

281

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Consolidated Edison Co. of New York, Inc.
Series 05-C
5.375%, 12/15/15	$	455,000	$	532,671
Series 07-A
4.875%, 2/1/13		100,000		108,299
Series 08-A
5.850%, 4/1/18		600,000		710,969
Corning, Inc.
4.250%, 8/15/20		150,000		157,264
Costco Wholesale Corp.
5.500%, 3/15/17		400,000		475,142
COX Communications, Inc.
5.450%, 12/15/14		200,000		226,244
5.500%, 10/1/15		500,000		562,680
Credit Suisse FB USA, Inc.
5.125%, 1/15/14		100,000		110,045
Credit Suisse USA, Inc.
6.125%, 11/15/11		100,000		105,803
6.500%, 1/15/12		200,000		213,977
5.850%, 8/16/16		200,000		232,167
7.125%, 7/15/32		300,000		385,490
CRH America, Inc.
6.000%, 9/30/16		300,000		335,884
CSX Corp.
7.375%, 2/1/19		510,000		640,248
CVS Caremark Corp.
6.250%, 6/1/27		400,000		456,035
CW Capital Cobalt Ltd.
Series 2007-C3 A4
6.013%, 5/15/46(l)		1,205,000		1,237,692
Daimler Finance N.A. LLC
7.300%, 1/15/12		200,000		215,091
6.500%, 11/15/13		300,000		343,148
Deere & Co.
6.950%, 4/25/14		300,000		357,743
8.100%, 5/15/30		300,000		420,074
Dell, Inc.
5.875%, 6/15/19		500,000		580,192
Detroit Edison Co.
3.450%, 10/1/20		250,000		253,872
Detroit Edison Securitization Funding LLC
Series 2001-1 A6
6.620%, 3/1/16		250,000		297,367
Deutsche Bank Financial LLC
5.375%, 3/2/15		100,000		110,256
Devon Energy Corp.
7.950%, 4/15/32		200,000		271,057
DIRECTV Holdings LLC/DIRECTV Financing Co., Inc.
3.125%, 2/15/16		100,000		100,974
4.600%, 2/15/21		500,000		513,801
Discover Bank/Delaware
7.000%, 4/15/20		250,000		271,965
Discovery Communications LLC
5.050%, 6/1/20		300,000		326,515
Dominion Resources, Inc.
5.700%, 9/17/12		100,000		109,025
5.000%, 12/1/14		300,000		336,257
8.875%, 1/15/19		637,000		866,491
Dow Chemical Co.
6.000%, 10/1/12		200,000		216,705
7.600%, 5/15/14		1,325,000		1,547,657
8.550%, 5/15/19		170,000		214,657
DTE Energy Co.
6.350%, 6/1/16		340,000		397,728
Duke Energy Carolinas LLC
Series C
7.000%, 11/15/18	$	224,000	$	285,904
Duke Energy Corp.
6.250%, 1/15/12		700,000		749,194
5.050%, 9/15/19		835,000		929,100
Duke Energy Indiana, Inc.
3.750%, 7/15/20		100,000		104,438
E.I. du Pont de Nemours & Co.
5.250%, 12/15/16		400,000		468,487
4.900%, 1/15/41		300,000		299,076
Eastman Chemical Co.
7.250%, 1/15/24		200,000		245,018
Edison International
3.750%, 9/15/17		250,000		256,334
Eli Lilly and Co.
6.000%, 3/15/12		200,000		215,823
5.200%, 3/15/17		600,000		695,636
Embarq Corp.
7.082%, 6/1/16		100,000		111,140
7.995%, 6/1/36		100,000		106,323
Emerson Electric Co.
6.000%, 8/15/32		100,000		118,551
Entergy Corp.
5.125%, 9/15/20		300,000		299,020
Enterprise Products Operating LLC
5.600%, 10/15/14		3,220,000		3,635,779
EOG Resources, Inc.
5.625%, 6/1/19		75,000		88,236
ERP Operating LP
5.250%, 9/15/14		255,000		281,992
Exelon Corp.
4.900%, 6/15/15		200,000		219,206
5.625%, 6/15/35		445,000		450,136
Expedia, Inc.
5.950%, 8/15/20§		150,000		151,688
Federal Farm Credit Bank
4.875%, 1/17/17		1,020,000		1,185,201
Federal Home Loan Bank
0.875%, 8/22/12		6,000,000		6,038,135
4.000%, 9/6/13		2,000,000		2,181,686
3.625%, 10/18/13		2,700,000		2,930,008
5.250%, 6/5/17		3,800,000		4,503,026
Federal Home Loan Mortgage Corp.
5.125%, 7/15/12		8,300,000		8,978,359
2.125%, 9/21/12		5,000,000		5,155,720
4.125%, 12/21/12		830,000		893,585
4.875%, 11/15/13		4,100,000		4,607,961
5.000%, 7/1/20		475,913		508,576
5.000%, 10/1/20		273,983		292,531
5.500%, 5/1/21		383,101		413,300
5.500%, 5/1/22		322,140		348,138
4.000%, 6/1/24		4,988,610		5,214,072
6.750%, 9/15/29		300,000		411,454
6.250%, 7/15/32		700,000		939,939
6.000%, 9/1/34		1,711,224		1,865,568
6.000%, 5/1/35		1,427,529		1,550,039
4.500%, 10/1/35		2,977,706		3,116,355
6.000%, 8/1/36		511,408		551,941
6.500%, 8/1/36		2,936,714		3,206,525
6.000%, 11/1/36		514,196		554,950
6.000%, 2/1/37		3,874,951		4,200,235
7.000%, 10/1/37		429,841		472,574
6.000%, 12/1/37		1,023,475		1,099,476
5.000%, 1/1/38		1,025,532		1,077,250

See Notes to Portfolio of Investments.

282

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
6.000%, 1/1/38	$	1,034,287	$	1,111,090
6.000%, 2/1/38		1,015,657		1,091,076
6.500%, 2/1/38		864,459		943,644
6.500%, 6/1/38		20,107		21,879
5.000%, 8/1/38		7,212,209		7,575,919
6.500%, 9/1/38		215,638		235,584
5.500%, 12/1/38		5,201,289		5,513,773
6.500%, 1/1/39		98,489		107,599
5.500%, 5/1/39		10,065,139		10,669,834
4.500%, 10/1/39		14,143,280		14,713,432
3.529%, 4/1/40(l)		8,734,103		9,070,754
4.000%, 10/15/25 TBA		2,000,000		2,087,188
5.000%, 10/15/25 TBA		2,000,000		2,120,625
4.000%, 10/15/40 TBA		5,000,000		5,130,274
4.500%, 10/15/40 TBA		6,000,000		6,238,593
5.000%, 10/15/40 TBA		7,000,000		7,354,374
Federal National Mortgage Association
5.375%, 11/15/11		1,900,000		2,006,444
1.500%, 6/26/13		4,390,000		4,475,794
1.300%, 8/9/13		940,000		942,128
3.000%, 9/16/14		2,330,000		2,491,071
4.625%, 10/15/14		1,000,000		1,133,128
2.625%, 11/20/14		2,500,000		2,635,738
5.000%, 4/15/15		900,000		1,042,646
4.375%, 10/15/15		100,000		113,417
5.375%, 6/12/17		4,300,000		5,167,099
4.500%, 3/1/18		3,405,536		3,623,742
5.500%, 10/1/19		210,078		227,639
5.000%, 1/1/21		4,077,705		4,356,932
4.500%, 6/1/23		3,205,366		3,381,035
5.000%, 9/1/23		3,187,092		3,379,936
6.000%, 10/1/23		810,686		875,857
5.500%, 1/1/24		1,822,596		1,961,284
4.000%, 4/1/24		2,773,403		2,901,348
4.000%, 5/1/24		2,701,686		2,824,634
4.500%, 9/1/24		2,272,082		2,389,502
6.250%, 5/15/29		600,000		784,348
5.500%, 12/1/29		2,036,116		2,174,826
5.500%, 3/1/33		3,870,892		4,154,556
5.000%, 3/1/34		7,148,401		7,581,817
5.000%, 5/1/34		1,362,466		1,444,693
5.500%, 9/1/34		4,895,444		5,252,658
5.500%, 11/1/34		2,073,565		2,222,926
5.500%, 12/1/34		1,310,422		1,403,585
5.500%, 7/1/35		3,212,912		3,438,318
5.000%, 9/1/35		3,030,584		3,213,958
5.000%, 10/1/35		7,369,885		7,796,244
5.500%, 6/1/36		9,123,161		9,791,717
5.000%, 12/1/36		1,029,198		1,086,005
6.000%, 7/1/37		3,725,949		4,009,471
6.500%, 8/1/37		3,659,053		4,049,257
6.000%, 9/1/37		9,313,334		10,039,483
6.500%, 9/1/38		1,681,943		1,833,450
5.500%, 11/1/38		4,312,136		4,583,666
4.500%, 3/1/39		1,399,057		1,457,915
5.000%, 3/1/39		5,547,445		5,838,903
4.500%, 6/1/39		6,462,456		6,734,333
4.500%, 7/1/39		7,643,431		7,964,992
4.000%, 8/1/39		4,957,064		5,107,593
4.000%, 9/1/39		2,138,618		2,201,357
6.000%, 10/1/39		5,253,692		5,663,316
4.500%, 4/1/40		5,050,101		5,262,560
4.500%, 7/1/40		1,293,259		1,347,667
5.000%, 8/1/40		3,473,444		3,655,936
4.500%, 9/1/40		3,000,000		3,126,211
4.000%, 10/25/25 TBA	$	2,000,000	$	2,087,812
4.500%, 10/25/25 TBA		4,200,000		4,417,875
FIA Card Services N.A.
7.125%, 11/15/12§		100,000		109,027
Financing Corp. Fico
9.800%, 4/6/18		400,000		600,587
FirstEnergy Corp.
Series C
7.375%, 11/15/31		700,000		760,582
Florida Power & Light Co.
4.850%, 2/1/13		100,000		108,843
5.950%, 10/1/33		100,000		116,090
5.850%, 5/1/37		170,000		196,975
Florida Power Corp.
5.900%, 3/1/33		200,000		227,363
Ford Credit Auto Owner Trust
Series 2009-E A3
1.510%, 1/15/14		435,000		439,365
Fortune Brands, Inc.
5.375%, 1/15/16		400,000		438,472
Genentech, Inc.
5.250%, 7/15/35		100,000		107,078
General Dynamics Corp.
4.250%, 5/15/13		100,000		108,742
General Electric Capital Corp.
6.000%, 6/15/12		100,000		107,923
1.875%, 9/16/13		1,400,000		1,404,210
7.625%, 12/10/14	NZD	1,000,000		782,601
4.875%, 3/4/15	$	300,000		329,439
5.000%, 1/8/16		100,000		109,866
5.400%, 2/15/17		300,000		330,419
5.625%, 9/15/17		1,100,000		1,228,816
6.750%, 3/15/32		600,000		667,043
6.150%, 8/7/37		500,000		523,621
6.375%, 11/15/67(l)		575,000		573,563
General Electric Co.
5.000%, 2/1/13		700,000		760,161
General Mills, Inc.
6.000%, 2/15/12		735,000		783,945
Genworth Financial, Inc.
6.500%, 6/15/34		100,000		92,648
Georgia Power Co.
5.950%, 2/1/39		205,000		238,180
Series K
5.125%, 11/15/12		100,000		108,454
GlaxoSmithKline Capital, Inc.
5.650%, 5/15/18		700,000		831,608
5.375%, 4/15/34		295,000		321,831
Golden West Financial Corp.
4.750%, 10/1/12		100,000		106,302
Goldman Sachs Capital II
5.793%, 6/1/43(l)		325,000		275,844
Goldman Sachs Group, Inc.
6.600%, 1/15/12		100,000		106,578
5.250%, 10/15/13		500,000		543,446
5.125%, 1/15/15		400,000		433,024
5.350%, 1/15/16		400,000		439,766
5.750%, 10/1/16		600,000		666,505
5.625%, 1/15/17		900,000		953,047
6.125%, 2/15/33		300,000		326,375
6.750%, 10/1/37		500,000		519,713
Goodrich Corp.
3.600%, 2/1/21		100,000		100,258
6.800%, 7/1/36		100,000		121,897

See Notes to Portfolio of Investments.

283

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Government National Mortgage Association
5.500%, 2/15/36	$	3,332,868	$	3,596,373
5.500%, 5/20/36		3,344,150		3,600,186
4.500%, 8/20/40		11,013,618		11,639,587
5.000%, 9/20/40		8,015,445		8,568,698
4.000%, 10/15/40 TBA		2,000,000		2,068,125
4.500%, 10/15/40 TBA		3,000,000		3,157,500
5.000%, 10/15/40 TBA		12,000,000		12,778,125
6.000%, 10/15/40 TBA		8,900,000		9,657,195
Greenwich Capital Commercial Funding Corp.
Series 2005-GG5 A5
5.224%, 4/10/37(l)		2,105,000		2,279,364
GTE Corp.
6.840%, 4/15/18		100,000		118,538
H.J. Heinz Finance Co.
6.000%, 3/15/12		100,000		106,661
Halliburton Co.
7.450%, 9/15/39		200,000		271,455
Hartford Financial Services Group, Inc.
6.100%, 10/1/41		200,000		186,872
HCP, Inc.
6.000%, 1/30/17		255,000		272,196
Hess Corp.
7.300%, 8/15/31		100,000		123,022
5.600%, 2/15/41		200,000		208,680
Hewlett-Packard Co.
6.500%, 7/1/12		200,000		219,404
5.500%, 3/1/18		600,000		708,457
Historic TW, Inc.
6.875%, 6/15/18		100,000		121,107
Home Depot, Inc.
5.250%, 12/16/13		100,000		111,580
5.400%, 3/1/16		500,000		569,292
5.875%, 12/16/36		175,000		186,566
Honeywell International, Inc.
6.125%, 11/1/11		100,000		105,547
5.400%, 3/15/16		400,000		469,477
5.300%, 3/1/18		470,000		549,734
Hospitality Properties Trust
6.300%, 6/15/16		257,000		273,945
HSBC Bank USA/New York
4.625%, 4/1/14		400,000		428,624
5.875%, 11/1/34		400,000		417,132
HSBC Finance Corp.
7.000%, 5/15/12		200,000		216,272
5.250%, 4/15/15		200,000		219,558
Ingram Micro, Inc.
5.250%, 9/1/17		100,000		103,578
International Business Machines Corp.
4.750%, 11/29/12		725,000		788,304
5.875%, 11/29/32		600,000		706,458
International Paper Co.
7.500%, 8/15/21		425,000		508,433
Iron Mountain, Inc.
6.750%, 10/15/18	EUR	708,000		938,639
Jefferies Group, Inc.
6.250%, 1/15/36	$	100,000		91,817
Johnson & Johnson
4.950%, 5/15/33		400,000		437,952
Johnson Controls, Inc.
4.875%, 9/15/13		100,000		108,836
JP Morgan Chase Commercial Mortgage Securities Corp.
Series 2006-LDP7 A4
6.062%, 4/15/45(l)	$	1,200,000	$	1,330,138
Series 2007-CB18 AM
5.466%, 6/12/47(l)		235,000		215,934
Series 2007-CB20 A3
5.819%, 2/12/51		1,500,000		1,609,278
JPMorgan Chase & Co.
6.625%, 3/15/12		400,000		430,208
3.700%, 1/20/15		500,000		528,164
4.750%, 3/1/15		100,000		109,267
5.150%, 10/1/15		300,000		328,941
JPMorgan Chase Bank N.A.
5.875%, 6/13/16		300,000		339,788
6.000%, 7/5/17		925,000		1,047,015
6.000%, 10/1/17		600,000		681,065
JPMorgan Chase Capital XXV
6.800%, 10/1/37		500,000		508,207
Kellogg Co.
7.450%, 4/1/31		100,000		135,600
KeyBank N.A.
5.700%, 8/15/12		100,000		105,752
5.800%, 7/1/14		100,000		109,030
KeyCorp
3.750%, 8/13/15		200,000		204,061
Kimberly-Clark Corp.
5.625%, 2/15/12		200,000		212,617
4.875%, 8/15/15		600,000		689,718
6.625%, 8/1/37		370,000		481,320
Kinder Morgan Energy Partners LP
5.000%, 12/15/13		800,000		873,278
6.850%, 2/15/20		800,000		953,752
5.800%, 3/15/35		100,000		100,256
Kraft Foods, Inc.
5.625%, 11/1/11		300,000		315,078
6.000%, 2/11/13		200,000		222,119
6.500%, 11/1/31		200,000		229,955
7.000%, 8/11/37		235,000		288,341
6.875%, 2/1/38		300,000		363,788
Kroger Co.
6.200%, 6/15/12		100,000		108,591
7.500%, 4/1/31		100,000		129,079
5.400%, 7/15/40		400,000		415,734
LB-UBS Commercial Mortgage Trust
Series 2003-C8 A4
5.124%, 11/15/32(l)		1,500,000		1,627,461
Lincoln National Corp.
6.150%, 4/7/36		300,000		309,022
Lockheed Martin Corp.
6.150%, 9/1/36		100,000		118,225
5.720%, 6/1/40§		243,000		277,304
Los Angeles, California Community College District
6.750%, 8/1/49		200,000		223,730
Lowe’s Cos., Inc.
5.800%, 10/15/36		175,000		195,528
Lubrizol Corp.
5.500%, 10/1/14		100,000		110,282
M&I Marshall & Ilsley Bank
5.250%, 9/4/12		100,000		101,613
Marathon Oil Corp.
6.600%, 10/1/37		255,000		302,301
Marsh & McLennan Cos., Inc.
9.250%, 4/15/19		205,000		268,728

See Notes to Portfolio of Investments.

284

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
McDonald’s Corp.
5.350%, 3/1/18	$	200,000	$	234,303
5.700%, 2/1/39		275,000		316,843
Medco Health Solutions, Inc.
7.125%, 3/15/18		100,000		122,808
4.125%, 9/15/20		200,000		202,521
Mellon Funding Corp.
5.000%, 12/1/14		100,000		111,740
Merck & Co., Inc.
5.300%, 12/1/13		600,000		675,982
4.750%, 3/1/15		300,000		340,565
5.950%, 12/1/28		200,000		240,620
MetLife, Inc.
6.125%, 12/1/11		300,000		317,200
5.500%, 6/15/14		100,000		111,229
6.400%, 12/15/36		300,000		280,500
Series A
6.817%, 8/15/18		480,000		579,102
Metropolitan Edison Co.
4.875%, 4/1/14		100,000		107,171
Metropolitan Transportation Authority
7.336%, 11/15/39		350,000		436,314
Microsoft Corp.
2.950%, 6/1/14		335,000		355,178
3.000%, 10/1/20		150,000		149,614
4.500%, 10/1/40		200,000		198,693
MidAmerican Energy Co.
5.800%, 10/15/36		200,000		225,101
MidAmerican Energy Holdings Co.
5.875%, 10/1/12		300,000		325,537
5.750%, 4/1/18		600,000		698,260
Morgan Stanley
6.600%, 4/1/12		300,000		322,626
5.300%, 3/1/13		300,000		323,079
4.750%, 4/1/14		300,000		313,310
5.375%, 10/15/15		550,000		590,145
5.450%, 1/9/17		1,000,000		1,054,606
7.300%, 5/13/19		1,000,000		1,150,181
7.250%, 4/1/32		200,000		233,183
Morgan Stanley Capital I, Inc.
Series 2007-IQ14 A4
5.692%, 4/15/49(l)		1,205,000		1,221,486
Municipal Electric Authority of Georgia
6.655%, 4/1/57		500,000		529,855
Nabors Industries, Inc.
6.150%, 2/15/18		360,000		400,672
National City Corp.
4.900%, 1/15/15		200,000		220,569
National Rural Utilities Cooperative Finance Corp.
4.750%, 3/1/14		200,000		222,507
5.450%, 4/10/17		400,000		460,992
8.000%, 3/1/32		100,000		133,714
Nationwide Financial Services, Inc.
6.750%, 5/15/37		60,000		52,323
NBC Universal, Inc.
4.375%, 4/1/21§		400,000		404,874
5.950%, 4/1/41§		200,000		205,722
New Jersey State Turnpike Authority
7.414%, 1/1/40		1,550,000		1,924,403
Newell Rubbermaid, Inc.
4.700%, 8/15/20		100,000		104,697
Newmont Mining Corp.
5.875%, 4/1/35		100,000		108,412
News America Holdings, Inc.
8.000%, 10/17/16		650,000		823,300
News America, Inc.
5.300%, 12/15/14	$	300,000	$	338,577
7.280%, 6/30/28		100,000		115,731
6.200%, 12/15/34		200,000		216,055
Norfolk Southern Corp.
5.900%, 6/15/19		275,000		326,976
Northern States Power Co.
Series B
8.000%, 8/28/12		510,000		577,449
Northrop Grumman Systems Corp.
7.750%, 2/15/31		100,000		137,304
Occidental Petroleum Corp.
6.750%, 1/15/12		100,000		107,374
7.000%, 11/1/13		200,000		235,278
Ohio Power Co.
Series G
6.600%, 2/15/33		325,000		378,150
Omnicom Group, Inc.
5.900%, 4/15/16		100,000		115,308
4.450%, 8/15/20		100,000		102,809
Oncor Electric Delivery Co. LLC
6.375%, 1/15/15		300,000		348,764
ONEOK Partners LP
8.625%, 3/1/19		550,000		713,254
Oracle Corp.
3.750%, 7/8/14		750,000		817,353
5.250%, 1/15/16		400,000		465,244
5.375%, 7/15/40§		200,000		215,116
Pacific Gas & Electric Co.
4.800%, 3/1/14		300,000		330,254
8.250%, 10/15/18		100,000		132,852
5.800%, 3/1/37		310,000		344,267
Pemex Project Funding Master Trust
6.625%, 6/15/35		775,000		846,633
Pepsi Bottling Group, Inc.
7.000%, 3/1/29		100,000		131,958
PepsiCo, Inc.
7.900%, 11/1/18		400,000		532,910
Pfizer, Inc.
5.350%, 3/15/15		1,425,000		1,644,085
4.750%, 6/3/16	EUR	1,350,000		2,054,336
4.650%, 3/1/18	$	100,000		112,494
7.200%, 3/15/39		395,000		537,404
Pharmacia Corp.
6.600%, 12/1/28		100,000		122,608
Philip Morris International, Inc.
5.650%, 5/16/18		200,000		234,161
6.375%, 5/16/38		500,000		616,205
Pitney Bowes, Inc.
4.750%, 1/15/16		100,000		105,974
4.750%, 5/15/18		100,000		102,754
Plains All American Pipeline LP
6.500%, 5/1/18		210,000		242,389
PNC Funding Corp.
5.250%, 11/15/15		200,000		222,133
Port Authority of New York & New Jersey
6.040%, 12/1/29		375,000		406,781
Praxair, Inc.
3.950%, 6/1/13		1,000,000		1,073,360
Principal Life Global Funding I
6.250%, 2/15/12§		100,000		105,685
Procter & Gamble Co.
4.500%, 5/12/14	EUR	1,500,000		2,221,698
4.850%, 12/15/15	$	100,000		115,384
5.125%, 10/24/17	EUR	1,000,000		1,582,606

See Notes to Portfolio of Investments.

285

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
5.800%, 8/15/34	$	300,000	$	360,645
Progress Energy, Inc.
7.750%, 3/1/31		100,000		132,010
ProLogis
5.625%, 11/15/16		250,000		240,687
Prudential Financial, Inc.
5.100%, 12/14/11		400,000		416,487
5.100%, 9/20/14		200,000		218,617
6.625%, 6/21/40		250,000		286,863
PSEG Power LLC
5.500%, 12/1/15		625,000		705,240
Qwest Corp.
8.375%, 5/1/16		710,000		839,575
R.R. Donnelley & Sons Co.
4.950%, 4/1/14		100,000		103,752
6.125%, 1/15/17		425,000		444,968
Raytheon Co.
7.000%, 11/1/28		100,000		130,068
Regions Bank/Alabama
3.250%, 12/9/11		1,900,000		1,961,685
Rockwood Specialties Group, Inc.
7.625%, 11/15/14	EUR	630,000		877,098
Safeway, Inc.
5.625%, 8/15/14	$	100,000		113,278
5.000%, 8/15/19		115,000		126,316
3.950%, 8/15/20		200,000		201,127
Sara Lee Corp.
2.750%, 9/15/15		250,000		253,382
Sempra Energy
6.000%, 10/15/39		420,000		474,296
Simon Property Group LP
6.100%, 5/1/16		620,000		720,387
SLM Corp.
5.375%, 5/15/14		600,000		583,839
8.450%, 6/15/18		100,000		101,006
Southern California Edison Co.
6.000%, 1/15/34		355,000		420,537
Southern Power Co.
Series B
6.250%, 7/15/12		100,000		108,921
Southwest Airlines Co.
5.125%, 3/1/17		100,000		105,023
Sovereign Bank
5.125%, 3/15/13		100,000		104,759
Spectra Energy Capital LLC
7.500%, 9/15/38		170,000		207,565
State of California
7.550%, 4/1/39		840,000		913,508
State of Illinois
5.100%, 6/1/33		940,000		788,660
State Street Bank and Trust Co.
5.300%, 1/15/16		100,000		111,873
Sysco Corp.
5.375%, 9/21/35		100,000		112,396
Target Corp.
7.000%, 7/15/31		100,000		125,717
6.350%, 11/1/32		100,000		118,190
6.500%, 10/15/37		300,000		367,287
Tennessee Valley Authority
4.500%, 4/1/18		550,000		630,035
Series B
4.700%, 7/15/33		300,000		327,543
Series E
6.250%, 12/15/17		100,000		125,695
Teva Pharmaceutical Finance Co. LLC
6.150%, 2/1/36	$	100,000	$	120,187
Time Warner Cable, Inc.
6.200%, 7/1/13		1,245,000		1,402,555
8.250%, 4/1/19		1,970,000		2,543,421
Time Warner, Inc.
7.625%, 4/15/31		600,000		743,904
7.700%, 5/1/32		700,000		874,734
Toll Brothers Finance Corp.
6.875%, 11/15/12		8,000		8,553
Travelers Cos., Inc.
5.750%, 12/15/17		300,000		344,319
6.250%, 3/15/37(l)		250,000		240,000
Travelers Property Casualty Corp.
6.375%, 3/15/33		100,000		117,071
U.S. Bancorp
1.375%, 9/13/13		400,000		401,838
U.S. Bank N.A./Ohio
4.950%, 10/30/14		100,000		110,647
4.800%, 4/15/15		100,000		111,466
U.S. Treasury Bonds
8.125%, 8/15/19		1,200,000		1,755,281
3.625%, 2/15/20		390,000		427,751
8.500%, 2/15/20		1,300,000		1,962,187
8.000%, 11/15/21		2,100,000		3,167,390
6.250%, 8/15/23		6,900,000		9,345,187
6.375%, 8/15/27		4,320,000		6,103,347
5.375%, 2/15/31		780,000		1,004,250
4.500%, 2/15/36		2,100,000		2,414,672
5.000%, 5/15/37		200,000		248,344
4.375%, 2/15/38		1,200,000		1,352,250
4.500%, 5/15/38		3,100,000		3,565,484
3.500%, 2/15/39		1,500,000		1,451,250
4.250%, 5/15/39		2,770,000		3,045,269
4.500%, 8/15/39		4,550,000		5,209,750
4.375%, 11/15/39		3,095,000		3,472,203
4.375%, 5/15/40		1,900,000		2,133,947
3.875%, 8/15/40		1,500,000		1,550,625
U.S. Treasury Notes
0.875%, 2/29/12		6,005,000		6,050,758
4.625%, 2/29/12		11,100,000		11,772,071
1.000%, 4/30/12		9,535,000		9,631,113
1.375%, 5/15/12		4,000,000		4,064,844
4.750%, 5/31/12		2,800,000		3,003,655
1.875%, 6/15/12		4,895,000		5,020,625
1.375%, 9/15/12		13,870,000		14,125,180
4.250%, 9/30/12		2,100,000		2,260,289
3.875%, 10/31/12		2,700,000		2,894,484
1.125%, 12/15/12		7,000,000		7,098,434
1.375%, 2/15/13		16,810,000		17,147,511
2.750%, 2/28/13		5,450,000		5,746,769
0.750%, 8/15/13		14,500,000		14,554,375
1.500%, 12/31/13		5,500,000		5,637,071
1.875%, 4/30/14		16,345,000		16,948,997
2.375%, 8/31/14		288,000		303,862
2.375%, 10/31/14		1,725,000		1,820,684
2.125%, 11/30/14		8,000,000		8,361,248
4.000%, 2/15/15		1,100,000		1,236,898
2.375%, 2/28/15		9,975,000		10,522,029
2.500%, 3/31/15		3,000,000		3,181,170
2.500%, 4/30/15		4,360,000		4,622,280
4.125%, 5/15/15		1,200,000		1,360,031
1.875%, 6/30/15		2,000,000		2,060,938
1.750%, 7/31/15		13,910,000		14,244,675
2.625%, 4/30/16		3,095,000		3,282,876

See Notes to Portfolio of Investments.

286

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
4.875%, 8/15/16	$	1,400,000	$	1,661,953
4.625%, 2/15/17		2,400,000		2,821,126
3.000%, 2/28/17		1,440,000		1,548,675
4.500%, 5/15/17		4,300,000		5,025,960
2.750%, 5/31/17		3,000,000		3,173,673
2.500%, 6/30/17		2,790,000		2,906,831
1.875%, 8/31/17		4,320,000		4,316,289
4.250%, 11/15/17		9,630,000		11,142,960
4.000%, 8/15/18		3,500,000		3,980,158
2.750%, 2/15/19		10,200,000		10,581,704
3.625%, 8/15/19		7,745,000		8,517,084
3.375%, 11/15/19		12,380,000		13,336,553
3.500%, 5/15/20		6,010,000		6,523,675
UBS Preferred Funding Trust V
6.243%, 5/29/49(l)		150,000		144,000
Unilever Capital Corp.
5.900%, 11/15/32		200,000		240,912
Union Pacific Corp.
6.150%, 5/1/37		125,000		145,036
Union Planters Corp.
4.375%, 12/1/10		100,000		100,406
UnionBanCal Corp.
5.250%, 12/16/13		100,000		109,286
United Parcel Service, Inc.
5.500%, 1/15/18		170,000		201,372
8.375%, 4/1/30(e)		100,000		139,265
United Technologies Corp.
4.875%, 5/1/15		400,000		458,292
6.125%, 2/1/19		287,000		355,070
UnitedHealth Group, Inc.
5.375%, 3/15/16		200,000		227,837
5.800%, 3/15/36		400,000		418,568
Valero Energy Corp.
6.875%, 4/15/12		200,000		214,807
6.625%, 6/15/37		300,000		301,273
Verizon Communications, Inc.
6.875%, 6/15/12		200,000		219,997
7.375%, 9/1/12		300,000		336,224
4.375%, 6/1/13		200,000		216,721
4.900%, 9/15/15		300,000		341,413
7.750%, 12/1/30		900,000		1,161,964
5.850%, 9/15/35		100,000		107,733
7.350%, 4/1/39		100,000		128,406
Viacom, Inc.
6.250%, 4/30/16		300,000		351,892
6.875%, 4/30/36		100,000		117,399
Virginia Electric & Power Co.
5.400%, 1/15/16		100,000		117,182
Series A
5.950%, 9/15/17		700,000		835,004
Wachovia Bank Commercial Mortgage Trust
Series 2004-C11 A5
5.215%, 1/15/41(l)		3,500,000		3,786,791
Series 2006-C25 A5
5.923%, 5/15/43(l)		1,000,000		1,101,056
Series 2007-C32 A2
5.928%, 6/15/49(l)		2,375,000		2,462,840
Series 2007-C33 A4
6.102%, 2/15/51(l)		1,130,000		1,179,571
Wachovia Bank N.A.
5.600%, 3/15/16		400,000		445,010
6.600%, 1/15/38		800,000		907,935
Wachovia Corp.
4.875%, 2/15/14		100,000		106,856
Wal-Mart Stores, Inc.
5.000%, 4/5/12	$	1,000,000	$	1,063,851
3.625%, 7/8/20		300,000		313,577
7.550%, 2/15/30		100,000		135,340
5.250%, 9/1/35		400,000		428,326
Walt Disney Co.
6.375%, 3/1/12		100,000		107,909
Waste Management, Inc.
6.375%, 11/15/12		100,000		109,722
7.375%, 3/11/19		283,000		354,711
7.000%, 7/15/28		100,000		120,577
WellPoint, Inc.
5.250%, 1/15/16		200,000		224,301
5.950%, 12/15/34		100,000		107,229
Wells Fargo & Co.
5.125%, 9/15/16		100,000		109,013
5.625%, 12/11/17		200,000		227,798
5.375%, 2/7/35		200,000		211,245
Wells Fargo Capital X
5.950%, 12/15/36		175,000		170,502
Wells Fargo Capital XIII
7.700%, 12/29/49(l)		275,000		285,313
Williams Partners LP
5.250%, 3/15/20		400,000		434,830
Wyeth
5.500%, 2/1/14		400,000		453,940
5.500%, 2/15/16		200,000		233,990
6.500%, 2/1/34		100,000		124,180
XCEL Energy, Inc.
6.500%, 7/1/36		100,000		119,315
Xerox Corp.
5.500%, 5/15/12		200,000		212,803
6.350%, 5/15/18		100,000		116,017
XTO Energy, Inc.
5.300%, 6/30/15		100,000		116,511
5.650%, 4/1/16		100,000		119,050
6.500%, 12/15/18		100,000		127,340
Yum! Brands, Inc.
3.875%, 11/1/20		100,000		99,865

Total United States				883,628,769

Total Long Term Debt Securities (97.6%) (Cost $1,276,532,725)				1,353,785,598

SHORT-TERM INVESTMENT:
Time Deposit (3.7%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $51,509,472)	$	51,509,472	$	51,509,472

Total Investments (101.3%) (Cost/Amortized Cost $1,328,042,197)				1,405,295,070
Other Assets Less Liabilities (-1.3%)				(17,395,383	)

Net Assets (100%)			$	1,387,899,687

See Notes to Portfolio of Investments.

287

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2010, the market value of these securities amounted to $8,266,112 or 0.6% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied upon when determining liquidity.

(e)

Step Bond - Coupon rate increases in increments to maturity. Rate disclosed is as of September 30, 2010. Maturity date disclosed is the ultimate maturity date.

(l)

Floating Rate Security. Rate disclosed is as of September 30, 2010.

(m)

Glossary:

AUD — Australian Dollar

BRL — Brazilian Real

CAD — Canadian Dollar

CZK — Czech Koruna

DKK — Denmark Krone

EUR — European Currency Unit

GBP — British Pound

KRW — Korean Won

MXN — Mexican Peso

MYR — Malaysian Ringgit

NOK — Norwegian Krone

NZD — New Zealand Dollar

PLN — Polish Zloty

SEK — Swedish Krona

TBA — Security is subject to delayed delivery.

At September 30, 2010 the Portfolio had outstanding foreign currency contracts to buy/sell foreign currencies as follows: (Note 1)


Buy Currency vs. Sell Currency	Counterparty	Local Contract Buy Amount (000’s)		Local Contract Sell Amount (000’s)		U.S. $ Buy Value		U.S. $ Sell Value		Unrealized Appreciation/ (Depreciation)
Hungarian Forint vs. Japanese Yen, expiring 11/18/10	JPMorgan Chase Bank		2,352,500		963,823	$	11,539,098	$	11,550,521	$	(11,423 )
Japanese Yen vs. Australian Dollar, expiring 10/25/10	JPMorgan Chase Bank		1,814,568		24,000		21,740,571		23,136,720		(1,396,149	)
Japanese Yen vs. Australian Dollar, expiring 11/24/10	JPMorgan Chase Bank		1,680,360		22,065		20,138,880		21,191,888		(1,053,008	)
Japanese Yen vs. British Pound, expiring 12/15/10	JPMorgan Chase Bank		3,036,914		23,500		36,407,584		36,896,880		(489,296	)
Japanese Yen vs. Canadian Dollar, expiring 12/1/10	JPMorgan Chase Bank		2,481,000		31,087		29,736,740		30,174,245		(437,505	)
Japanese Yen vs. Hungarian Forint, expiring 11/18/10	JPMorgan Chase Bank		908,547		2,352,500		10,888,082		11,539,097		(651,015	)
Japanese Yen vs. New Zealand Dollar, expiring 10/13/10	JPMorgan Chase Bank		1,850,000		29,829		22,162,749		21,869,071		293,678
Japanese Yen vs. New Zealand Dollar, expiring 10/13/10	JPMorgan Chase Bank		129,414		2,160		1,550,365		1,583,626		(33,261	)
Japanese Yen vs. Poland Zloty, expiring 11/18/10	JPMorgan Chase Bank		81,576		3,000		977,612		1,028,438		(50,826	)

See Notes to Portfolio of Investments.

288

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


Buy Currency vs. Sell Currency	Counterparty		Local Contract Buy Amount (000’s)		Local Contract Sell Amount (000’s)		U.S. $ Buy Value		U.S. $ Sell Value		Unrealized Appreciation/ (Depreciation)
Japanese Yen vs. Poland Zloty, expiring 11/18/10		JPMorgan Chase Bank		885,307		32,500	$	10,609,570	$	11,141,410	$	(531,840	)
Japanese Yen vs. U.S. Dollar, expiring 12/7/10		JPMorgan Chase Bank		3,115,000		37,019		37,338,938		37,018,551		320,387
New Zealand Dollar vs. Japanese Yen, expiring 10/13/10		JPMorgan Chase Bank		3,118		192,000		2,285,879		2,300,134		(14,255	)
U.S. Dollar vs. Japanese Yen, expiring 12/7/10		JPMorgan Chase Bank		9,500		797,355		9,500,000		9,557,749		(57,749	)
U.S. Dollar vs. Mexican Peso, expiring 12/2/10		JPMorgan Chase Bank		11,244		150,000		11,243,956		11,839,887		(595,931	)

											$	(4,708,193	)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)			Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Asset-Backed and Mortgage-Backed Securities
Asset-Backed Securities	$	—	$	1,945,722		$	—	$	1,945,722
Non-Agency CMO		—		28,556,946			—		28,556,946
Corporate Bonds
Consumer Discretionary		—		20,150,483			—		20,150,483
Consumer Staples		—		29,388,211			—		29,388,211
Energy		—		28,228,912			—		28,228,912
Financials		21,306,658		96,635,117			—		117,941,775
Government		—		125,695			—		125,695
Health Care		—		16,050,344			—		16,050,344
Industrials		—		17,465,253			—		17,465,253
Information Technology		—		7,119,758			—		7,119,758
Materials		—		18,686,930			—		18,686,930
Telecommunication Services		—		24,818,628			—		24,818,628
Utilities		—		26,696,801			—		26,696,801
Forward Currency Contracts Government Securities		—		614,065			—		614,065
Agency ABS		—		33,030,147			—		33,030,147
Foreign Governments		—		288,862,950			—		288,862,950
Municipal Bonds		—		5,223,251			—		5,223,251
Supranational		—		33,246,301			—		33,246,301
U.S. Government Agencies		—		355,548,796			—		355,548,796
U.S. Treasuries		—		300,698,695			—		300,698,695
Short-Term Investments		—		51,509,472			—		51,509,472

Total Assets	$	21,306,658	$	1,384,602,477		$	—	$	1,405,909,135

Liabilities:
Forward Currency Contracts	$	—	$	(5,322,258	)	$	—	$	(5,322,258	)

Total Liabilities	$	—	$	(5,322,258	)	$	—	$	(5,322,258	)

Total	$	21,306,658	$	1,379,280,219		$	—	$	1,400,586,877

See Notes to Portfolio of Investments.

289

EQ ADVISORS TRUST

EQ/GLOBAL BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:



	Investments in Securities-Financials
Balance as of 12/31/09	$	1,772,083
Total gains or losses (realized/unrealized) included in earnings		85,720
Purchases, sales, issuances, and settlements (net)		(1,857,803	)
Transfers into Level 3		—
Transfers out of Level 3		—

Balance as of 9/30/10	$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	—

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	1,374,224,508
Long-term U.S. Treasury securities		154,890,065

	$	1,529,114,573

Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	1,271,709,787
Long-term U.S. Treasury securities		130,553,926

	$	1,402,263,713


As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	77,969,056
Aggregate gross unrealized depreciation		(1,655,859	)

Net unrealized appreciation	$	76,313,197

Federal income tax cost of investments	$	1,328,981,873

See Notes to Portfolio of Investments.

290

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Argentina (0.0%)
Banco Macro S.A. (ADR)		27,670	$	1,232,422

Australia (2.4%)
AGL Energy Ltd.		33,692		526,576
Alumina Ltd.		151,178		264,479
Amcor Ltd.		76,490		481,293
AMP Ltd.		147,153		726,799
Aristocrat Leisure Ltd.		25,895		88,352
Asciano Group*		208,395		332,350
ASX Ltd.		12,297		387,116
Australia & New Zealand Banking Group Ltd.		168,812		3,863,753
AXA Asia Pacific Holdings Ltd.		77,890		386,963
Bendigo and Adelaide Bank Ltd.		26,547		234,780
BGP Holdings plc(b)*†		796,081		—
BHP Billiton Ltd.		227,823		8,568,072
Billabong International Ltd.		13,246		102,039
BlueScope Steel Ltd.		111,924		237,996
Boral Ltd.		54,588		243,233
Brambles Ltd.		90,140		546,273
Caltex Australia Ltd.		7,595		88,018
CFS Retail Property Trust (REIT)		141,220		258,660
Coca-Cola Amatil Ltd.		42,506		492,188
Cochlear Ltd.		3,239		219,929
Commonwealth Bank of Australia		103,823		5,134,916
Computershare Ltd.		34,091		321,269
Crown Ltd.		39,014		316,378
CSL Ltd.		38,335		1,224,592
CSR Ltd.		98,595		171,535
Dexus Property Group (REIT)		371,682		307,158
Energy Resources of Australia Ltd.		3,156		40,571
Fairfax Media Ltd.		167,864		237,695
Fortescue Metals Group Ltd.*		80,651		406,136
Foster’s Group Ltd.		123,380		731,020
Goodman Fielder Ltd.		82,335		103,853
Goodman Group (REIT)		458,958		286,126
GPT Group (REIT)		115,979		329,573
Harvey Norman Holdings Ltd.		26,005		94,759
Inc.itec Pivot Ltd.		102,442		355,465
Insurance Australia Group Ltd.		153,820		541,176
Intoll Group		161,210		232,168
Leighton Holdings Ltd.		8,918		284,967
Lend Lease Group		36,148		265,885
MacArthur Coal Ltd.		9,946		112,764
Macquarie Group Ltd.		22,198		778,190
MAp Group		35,802		101,045
Metcash Ltd.		54,958		232,133
Mirvac Group (REIT)		198,941		255,741
National Australia Bank Ltd.		141,165		3,457,466
Newcrest Mining Ltd.		50,936		1,953,041
OneSteel Ltd.		95,425		270,243
Orica Ltd.		24,720		614,292
Origin Energy Ltd.		62,903		963,662
OZ Minerals Ltd.		181,270		254,925
Paladin Energy Ltd.*		39,776		138,019
Qantas Airways Ltd.*		69,049		186,203
QBE Insurance Group Ltd.		67,705		1,129,499
Rio Tinto Ltd.		29,234		2,169,222
Santos Ltd.		54,790		678,383
Sims Metal Management Ltd.		12,649		215,665
Sonic Healthcare Ltd.		28,440		302,375
SP AusNet		57,816		48,059
Stockland Corp., Ltd. (REIT)		152,126	$	564,624
Suncorp-Metway Ltd.		81,445		708,486
TABCORP Holdings Ltd.		46,837		316,892
Tatts Group Ltd.		86,000		198,665
Telstra Corp., Ltd.		276,991		701,441
Toll Holdings Ltd.		39,642		252,885
Transurban Group		86,040		413,315
Wesfarmers Ltd.		66,361		2,109,605
Wesfarmers Ltd. (PPS)		11,524		368,574
Westfield Group (REIT)		144,162		1,708,306
Westpac Banking Corp.		199,949		4,491,379
Woodside Petroleum Ltd.		36,228		1,536,510
Woolworths Ltd.		82,919		2,311,392
WorleyParsons Ltd.		11,344		243,961

				59,221,073

Austria (0.1%)
Erste Group Bank AG		12,667		507,170
Immofinaz AG*		58,623		218,495
OMV AG		9,568		358,177
Raiffeisen International Bank Holding AG		4,265		198,848
Telekom Austria AG		23,852		358,979
Verbund AG, Class A		5,520		197,911
Vienna Insurance Group AG		3,108		167,064
Voestalpine AG		8,577		315,934

				2,322,578

Belgium (0.3%)
Ageas		149,680		428,508
Anheuser-Busch InBev N.V.		47,998		2,823,446
Belgacom S.A.		9,749		380,170
Cie Nationale a Portefeuille		2,255		117,585
Colruyt S.A.		1,261		333,325
Delhaize Group S.A.		6,778		491,574
Dexia S.A.*		40,381		177,920
Groupe Bruxelles Lambert S.A.		4,674		389,446
KBC Groep N.V.*		10,370		465,175
Mobistar S.A.		2,631		161,115
Solvay S.A.		3,358		358,212
UCB S.A.		8,215		284,625
Umicore S.A.		7,095		306,707

				6,717,808

Bermuda (0.1%)
Nabors Industries Ltd.*		19,059		344,206
Seadrill Ltd.		18,524		535,138
XL Group plc		23,415		507,169

				1,386,513

Brazil (2.5%)
Banco Bradesco S.A. (ADR)		165,435		3,371,565
Banco Bradesco S.A. (Preference)		71,753		1,435,060
Banco do Brasil S.A.		151,900		2,862,938
BM&F Bovespa S.A.		562,800		4,709,957
BRF - Brasil Foods S.A.		316,154		4,800,234
Cia de Bebidas das Americas (Preference) (ADR)		37,100		4,592,238
Itau Unibanco Holding S.A.		114,676		2,726,605
Itau Unibanco Holding S.A. (Preference) (ADR)		284,984		6,890,913
Lojas Arapua S.A. (Preference)(b)*†		1,248,000		—
MRV Engenharia e Participacoes S.A.		219,600		2,109,043
NET Servicos de Comunicacao S.A. (Preference)*		82,008		1,068,721

See Notes to Portfolio of Investments.

291

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
OGX Petroleo e Gas Participacoes S.A.*		182,100	$	2,369,883
PDG Realty S.A. Empreendimentos e Participacoes		301,700		3,587,591
Petroleo Brasileiro S.A. (Preference)		327,542		5,300,296
Petroleo Brasileiro S.A. (Preference) (ADR), Class A		10,600		347,892
Petroleo Brasileiro S.A. (ADR)		41,900		1,519,713
Tim Participacoes S.A. (ADR)		41,300		1,362,487
Ultrapar Participacoes S.A. (Preference)		33,700		2,024,191
Vale S.A. (New York Exchange) (ADR)		1,100		30,525
Vale S.A. (Preference), Class A		21,356		585,144
Vale S.A. (Tradegate Exchange) (ADR)		297,685		8,260,759
Vivo Participacoes S.A. (Preference) (ADR)		84,000		2,282,280
Vivo Participacoes S.A. (ADR)		24,000		652,080

				62,890,115

Cayman Islands (0.1%)
Sany Heavy Equipment International Holdings Co., Ltd.		1,098,000		1,938,767

China (2.0%)
Agricultural Bank of China Ltd., Class H*		7,309,000		3,786,925
Bank of China Ltd., Class H		5,724,900		3,003,067
China Citic Bank Corp., Ltd., Class H		2,851,000		1,818,884
China Coal Energy Co., Ltd., Class H		1,772,000		2,932,455
China Construction Bank Corp., Class H		9,741,000		8,537,193
China Life Insurance Co., Ltd., Class H		900,000		3,555,295
China Oilfield Services Ltd., Class H		1,422,000		2,224,953
China Pacific Insurance Group Co., Ltd., Class H		681,200		2,559,268
China Petroleum & Chemical Corp., Class H		594,000		526,717
China Telecom Corp., Ltd., Class H		5,278,000		2,897,888
China Unicom Hong Kong Ltd.		2,078,000		3,042,472
Dongfeng Motor Group Co., Ltd., Class H		1,559,000		3,190,798
Foxconn International Holdings Ltd.*		184,913		135,845
GOME Electrical Appliances Holdings Ltd.*		4,539,359		1,369,030
J.A. Solar Holdings Co., Ltd. (ADR)*		132,800		1,239,024
Ping An Insurance Group Co. of China Ltd., Class H		272,500		2,781,598
Tencent Holdings Ltd.		47,500		1,038,298
Tsingtao Brewery Co., Ltd., Class H		262,000		1,509,425
Want Want China Holdings Ltd.		2,056,000		1,907,912
Yangzijiang Shipbuilding Holdings Ltd.		81,497		109,068
Yanzhou Coal Mining Co., Ltd., Class H		770,000		1,889,558

				50,055,673

Cyprus (0.0%)
Bank of Cyprus Public Co., Ltd.		39,853		201,020

Czech Republic (0.2%)
Komercni Banka A/S		19,887		4,337,743

Denmark (0.3%)
A. P. Moller - Maersk A/S, Class A		30	$	243,927
A. P. Moller - Maersk A/S, Class B		90		752,360
Carlsberg A/S, Class B		7,243		755,197
Coloplast A/S, Class B		1,882		224,974
Danske Bank A/S*		31,128		751,040
DSV A/S		12,724		259,749
Novo Nordisk A/S, Class B		29,440		2,921,490
Novozymes A/S, Class B		2,590		329,506
Tryg A/S		1,679		100,952
Vestas Wind Systems A/S*		14,108		531,618
William Demant Holding A/S*		1,548		114,228

				6,985,041

Egypt (0.5%)
Commercial International Bank Egypt SAE		594,807		4,482,210
Juhayna Food Industries*		1,542,844		1,544,741
Orascom Construction Industries		28,715		1,262,743
Orascom Construction Industries (GDR)		21,681		953,424
Telecom Egypt		961,106		2,951,016

				11,194,134

Finland (0.3%)
Elisa Oyj*		11,347		260,649
Fortum Oyj		30,437		796,255
Kesko Oyj, Class B		4,663		218,802
Kone Oyj, Class B		10,522		543,642
Metso Oyj		7,998		366,568
Neste Oil Oyj		11,329		176,991
Nokia Oyj		249,713		2,508,905
Nokian Renkaat Oyj		8,210		281,934
Orion Oyj, Class B		5,670		113,239
Outokumpu Oyj		10,553		209,610
Pohjola Bank plc		13,409		163,147
Rautaruukki Oyj		5,563		114,970
Sampo Oyj, Class A		28,639		773,424
Sanoma Oyj		4,459		94,342
Stora Enso Oyj, Class R		47,073		465,249
UPM-Kymmene Oyj		34,413		589,703
Wartsila Oyj		4,224		275,653

				7,953,083

France (2.7%)
Accor S.A.		9,784		357,259
Aeroports de Paris S.A.		2,693		219,687
Air France-KLM*		9,939		152,430
Air Liquide S.A.		18,637		2,273,663
Alcatel-Lucent*		156,372		526,540
Alstom S.A.		12,784		652,148
Atos Origin S.A.*		3,238		146,375
AXA S.A.		112,622		1,969,047
bioMerieux S.A.		796		82,482
BNP Paribas S.A.		63,491		4,515,528
Bouygues S.A.		15,234		653,873
Bureau Veritas S.A.		4,285		299,203
Cap Gemini S.A.		9,728		488,030
Carrefour S.A.		41,775		2,244,675
Casino Guichard Perrachon S.A.		2,981		272,928
Christian Dior S.A.		3,694		482,837
Cie de Saint-Gobain S.A.		24,665		1,097,169
Cie Generale de Geophysique- Veritas*		11,671		256,159
Cie Generale des Etablissements Michelin, Class B		10,084		767,221

See Notes to Portfolio of Investments.

292

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Cie Generale d’Optique Essilor International S.A.		13,579	$	934,279
CNP Assurances S.A.		11,071		205,636
Credit Agricole S.A.		64,364		1,005,987
Danone S.A.		38,582		2,307,689
Dassault Systemes S.A.		2,977		218,991
Edenred*		9,784		193,802
EDF S.A.		17,933		773,508
Eiffage S.A.		3,375		160,482
Eramet S.A.		503		148,629
Eurazeo S.A.		1,988		133,407
Eutelsat Communications S.A.		8,377		319,758
Fonciere des Regions (REIT)		1,700		181,161
France Telecom S.A.		123,315		2,664,530
GDF Suez S.A.		82,833		2,965,334
Gecina S.A. (REIT)		1,777		210,757
Groupe Eurotunnel S.A. (Registered)		35,338		300,465
Hermes International S.A.		3,567		814,504
ICADE (REIT)		1,842		193,506
Iliad S.A.		1,399		145,766
Imerys S.A.		2,314		138,611
Ipsen S.A.		1,218		40,374
J.C. Decaux S.A.*		6,292		166,105
Klepierre S.A. (REIT)		7,233		278,950
Lafarge S.A.		14,470		828,502
Lagardere S.C.A.		9,029		352,708
Legrand S.A.		8,948		302,641
L’Oreal S.A.		15,858		1,783,087
LVMH Moet Hennessy Louis Vuitton S.A.		16,191		2,374,988
Metropole Television S.A.		3,743		88,021
Natixis S.A.*		65,655		375,918
Neopost S.A.		2,128		158,365
PagesJaunes Groupe S.A.		6,752		70,701
Pernod-Ricard S.A.		14,172		1,183,349
Peugeot S.A.*		9,923		333,657
PPR S.A.		5,490		888,754
Publicis Groupe S.A.		7,592		360,587
Renault S.A.*		12,588		647,726
Safran S.A.		13,456		378,251
Sanofi-Aventis S.A.		70,719		4,711,925
Schneider Electric S.A.		16,245		2,059,799
SCOR SE		12,749		304,673
Societe BIC S.A.		1,794		144,026
Societe Generale S.A.		41,597		2,395,875
Societe Television Francaise 1 S.A.		8,553		133,156
Sodexo S.A.		5,386		349,501
Suez Environnement Co. S.A.		21,515		397,426
Technip S.A.		7,022		564,696
Thales S.A.		6,448		235,666
Total S.A.		142,285		7,333,037
Unibail-Rodamco S.A. (REIT)		5,865		1,300,462
Vallourec S.A.		7,996		794,323
Veolia Environnement		25,238		664,718
Vinci S.A.		28,377		1,422,445
Vivendi S.A.		81,588		2,230,058

				67,128,526

Germany (2.2%)
Adidas AG		15,233		943,002
Allianz SE (Registered)		30,314		3,425,889
BASF SE		61,389		3,871,014
Bayer AG		55,252		3,852,735
Bayerische Motoren Werke (BMW) AG		23,086		1,618,919
Bayerische Motoren Werke (BMW) AG (Preference)		3,564	$	166,238
Beiersdorf AG		7,124		436,060
Celesio AG		6,611		143,839
Commerzbank AG*		47,348		392,447
Continental AG*		2,747		213,494
Daimler AG (Registered)*		60,196		3,812,610
Deutsche Bank AG (Registered)		41,321		2,261,402
Deutsche Boerse AG		12,497		833,853
Deutsche Lufthansa AG (Registered)*		16,556		304,356
Deutsche Post AG (Registered)		58,430		1,059,806
Deutsche Postbank AG*		6,758		229,999
Deutsche Telekom AG (Registered)		187,741		2,568,337
E.ON AG		123,947		3,654,837
Fraport AG		2,367		143,948
Fresenius Medical Care AG & Co. KGaA		12,014		742,009
Fresenius SE		1,887		151,054
Fresenius SE (Preference)		4,563		368,503
GEA Group AG		12,494		312,290
Hannover Rueckversicherung AG (Registered)		5,345		245,849
HeidelbergCement AG		9,615		463,355
Henkel AG & Co. KGaA		7,358		333,173
Henkel AG & Co. KGaA (Preference)		10,832		581,809
Hochtief AG		3,555		307,840
Infineon Technologies AG*		73,971		512,373
K+S AG		10,783		645,547
Linde AG		11,332		1,475,008
MAN SE		7,173		781,896
Merck KGaA		4,367		366,843
Metro AG		8,920		580,649
Muenchener Rueckversicherungs- Gesellschaft AG (Registered)		12,984		1,798,365
Porsche Automobil Holding SE (Preference)		6,214		307,718
Puma AG Rudolf Dassler Sport		363		119,756
RWE AG		27,873		1,882,794
RWE AG (Preference)		2,963		188,858
Salzgitter AG		3,387		219,392
SAP AG		57,122		2,825,570
Siemens AG (Registered)		55,254		5,832,416
Suedzucker AG		3,957		88,495
ThyssenKrupp AG		22,796		743,353
TUI AG*		9,668		118,290
United Internet AG (Registered)		8,501		137,445
Volkswagen AG		1,923		211,898
Volkswagen AG (Preference)		11,905		1,436,797
Wacker Chemie AG		1,404		259,060

				53,971,190

Greece (0.1%)
Alpha Bank AE*		29,232		183,312
Coca Cola Hellenic Bottling Co. S.A.		13,735		362,501
EFG Eurobank Ergasias S.A.*		23,298		140,384
Hellenic Telecommunications Organization S.A.		17,719		127,541
National Bank of Greece S.A.*		41,813		408,701
OPAP S.A.		15,274		241,539
Piraeus Bank S.A.*		23,209		114,852

See Notes to Portfolio of Investments.

293

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Public Power Corp. S.A.		6,674	$	103,994

				1,682,824

Hong Kong (1.6%)
ASM Pacific Technology Ltd.		14,000		124,864
Bank of East Asia Ltd.		109,600		464,033
Beijing Enterprises Holdings Ltd.		383,000		2,724,837
Belle International Holdings Ltd.		1,987,000		3,989,955
BOC Hong Kong Holdings Ltd.		247,500		784,717
Cathay Pacific Airways Ltd.		57,000		154,643
Cheung Kong Holdings Ltd.		96,000		1,455,061
Cheung Kong Infrastructure Holdings Ltd.		33,000		130,999
China High Speed Transmission Equipment Group Co., Ltd.‡		742,000		1,610,455
China Mobile Ltd.		467,500		4,787,162
China Resources Power Holdings Co., Ltd.		1,524,200		3,276,730
CLP Holdings Ltd.		122,500		978,093
Esprit Holdings Ltd.		77,233		419,071
Hang Lung Group Ltd.		43,000		280,705
Hang Lung Properties Ltd.		155,000		757,135
Hang Seng Bank Ltd.		51,800		761,760
Henderson Land Development Co., Ltd.		70,000		498,463
Hengan International Group Co., Ltd.		149,000		1,485,420
Hong Kong & China Gas Co., Ltd.		317,800		804,448
Hong Kong Exchanges and Clearing Ltd.		70,800		1,394,310
Hongkong Electric Holdings Ltd.		92,500		562,116
Hopewell Holdings Ltd.		37,000		119,696
Hutchison Whampoa Ltd.		147,000		1,371,698
Hysan Development Co., Ltd.		55,000		197,065
Kerry Properties Ltd.		55,000		299,142
Li & Fung Ltd.		156,000		877,630
Lifestyle International Holdings Ltd.		30,500		75,318
Link REIT (REIT)		141,500		419,456
Mongolia Energy Co., Ltd.*		248,601		103,172
MTR Corp.		80,000		302,622
New World Development Ltd.		185,000		372,916
Noble Group Ltd.		193,181		277,631
NWS Holdings Ltd.		72,000		141,237
Orient Overseas International Ltd.		20,000		159,560
PCCW Ltd.		198,000		71,709
Shanghai Industrial Holdings Ltd.		724,000		3,657,862
Shangri-La Asia Ltd.		98,000		223,059
Sino Land Co., Ltd.		100,000		206,989
Sun Hung Kai Properties Ltd.		98,000		1,692,519
Swire Pacific Ltd., Class A		51,500		709,557
Television Broadcasts Ltd.		16,000		91,354
Wharf Holdings Ltd.		91,000		585,254
Wheelock & Co., Ltd.		67,000		224,086
Wing Hang Bank Ltd.		14,000		167,899
Yue Yuen Industrial Holdings Ltd.		50,000		185,272

				39,977,680

Hungary (0.2%)
MOL Hungarian Oil and Gas plc*		23,369		2,455,789
Richter Gedeon Nyrt		16,348		3,791,715

				6,247,504

India (2.3%)
Asian Paints Ltd.		34,156		2,024,352
Dr. Reddy’s Laboratories Ltd.		101,900		3,269,372
Engineers India Ltd.		172,712		1,341,799
Glenmark Pharmaceuticals Ltd.		384,872		2,567,384
HDFC Bank Ltd.		123,038	$	6,816,171
Hindalco Industries Ltd.		527,057		2,311,263
IndusInd Bank Ltd.		552,000		3,266,425
Infosys Technologies Ltd.		120,695		8,193,615
Infrastructure Development Finance Co., Ltd.		750,906		3,388,143
ITC Ltd.		565,216		2,242,751
Jindal Steel & Power Ltd.		110,082		1,732,625
KSK Energy Ventures Ltd.*		341,500		1,321,617
Larsen & Toubro Ltd.		57,843		2,642,937
Nestle India Ltd.		20,842		1,568,727
Reliance Industries Ltd.		159,794		3,510,774
Rural Electrification Corp., Ltd.		296,411		2,321,898
State Bank of India		6,500		468,742
Sun TV Network Ltd.		132,690		1,532,572
Tata Motors Ltd.		202,732		4,954,267
Yes Bank Ltd.		254,726		1,984,918

				57,460,352

Indonesia (0.9%)
PT Astra International Tbk		837,900		5,323,129
PT Bank Central Asia Tbk		5,081,500		3,814,683
PT Bank Rakyat Indonesia		1,931,000		2,163,585
PT Indofood CBP Sukses Makmur Tbk*		755,000		456,384
PT Indofood Sukses Makmur Tbk		4,968,500		3,033,986
PT Indosat Tbk		3,479,500		2,144,230
PT Perusahaan Gas Negara		2,971,500		1,281,824
PT Telekomunikasi Indonesia Tbk		3,317,500		3,419,720

				21,637,541

Ireland (0.1%)
Bank of Ireland*		230,125		194,505
CRH plc		48,154		790,377
Elan Corp. plc*		36,694		206,395
Experian plc		69,818		760,062
James Hardie Industries SE (CDI)*		32,060		173,531
Kerry Group plc, Class A		10,614		372,374
Shire plc		38,171		859,867

				3,357,111

Israel (0.2%)
Bank Hapoalim B.M.*		61,412		281,062
Bank Leumi Le-Israel B.M.*		74,404		345,628
Bezeq Israeli Telecommunication Corp., Ltd.		117,836		293,749
Cellcom Israel Ltd.		2,529		77,209
Delek Group Ltd.		318		87,305
Discount Investment Corp.		1,305		26,054
Elbit Systems Ltd.		1,039		55,367
Israel Chemicals Ltd.		31,673		446,782
Israel Corp., Ltd.*		171		163,376
Israel Discount Bank Ltd., Class A*		22,041		43,720
Makhteshim-Agan Industries Ltd.*		14,770		54,743
Mizrahi Tefahot Bank Ltd.		4,567		42,317
NICE Systems Ltd.*		4,118		126,850
Partner Communications Co., Ltd.		4,716		87,396
Teva Pharmaceutical Industries Ltd.		62,500		3,394,053

				5,525,611

Italy (0.8%)
A2A S.p.A.		92,496		141,857
Assicurazioni Generali S.p.A.		77,580		1,562,089
Atlantia S.p.A.		18,840		390,391
Autogrill S.p.A.*		4,409		55,297
Banca Carige S.p.A.		46,932		109,278
Banca Monte dei Paschi di Siena S.p.A.*		169,125		234,249

See Notes to Portfolio of Investments.

294

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Banca Popolare di Milano S.c.a.r.l.		28,374	$	135,383
Banco Popolare S.c.a.r.l.		48,973		293,087
Enel S.p.A.		433,833		2,312,463
ENI S.p.A.		175,454		3,786,341
Exor S.p.A.		3,985		92,353
Fiat S.p.A.		52,105		804,084
Finmeccanica S.p.A.		29,588		351,527
Intesa Sanpaolo S.p.A. (BATS Europe Exchange)		66,865		172,189
Intesa Sanpaolo S.p.A. (XetraIntlMkt Exchange)		504,864		1,639,770
Luxottica Group S.p.A.		9,992		273,249
Mediaset S.p.A.		57,034		404,308
Mediobanca S.p.A.*		37,338		347,145
Mediolanum S.p.A.		21,400		95,179
Parmalat S.p.A.		106,608		273,517
Pirelli & C. S.p.A.		14,796		120,419
Prysmian S.p.A.		9,249		168,957
Saipem S.p.A.		17,946		718,778
Snam Rete Gas S.p.A.		82,735		419,009
Telecom Italia S.p.A.		637,294		890,511
Telecom Italia S.p.A. (RNC)		407,240		458,848
Terna Rete Elettrica Nazionale S.p.A.		88,019		374,075
UniCredit S.p.A.		911,733		2,327,989
Unione di Banche Italiane S.c.p.A.		43,642		423,009

				19,375,351

Japan (6.0%)
77 Bank Ltd.		22,000		111,476
ABC-Mart, Inc.		2,500		76,965
Acom Co., Ltd.		3,070		46,447
Advantest Corp.		9,500		189,021
Aeon Co., Ltd.		40,100		430,398
Aeon Credit Service Co., Ltd.		2,900		31,230
Aeon Mall Co., Ltd.		7,100		172,567
Air Water, Inc.		8,000		95,065
Aisin Seiki Co., Ltd.		14,400		449,181
Ajinomoto Co., Inc.		41,000		401,258
Alfresa Holdings Corp.		2,300		98,083
All Nippon Airways Co., Ltd.*		44,000		162,865
Amada Co., Ltd.		25,000		171,299
Aozora Bank Ltd.		41,000		60,410
Asahi Breweries Ltd.		27,000		540,129
Asahi Glass Co., Ltd.		73,000		744,166
Asahi Kasei Corp.		79,000		435,314
Asics Corp.		9,000		91,747
Astellas Pharma, Inc.		29,800		1,076,270
Bank of Kyoto Ltd.		27,000		218,963
Bank of Yokohama Ltd.		75,000		350,383
Benesse Holdings, Inc.		5,000		240,776
Bridgestone Corp.		41,400		754,305
Brother Industries Ltd.		18,000		222,305
Canon Marketing Japan, Inc.		2,100		28,904
Canon, Inc.		75,700		3,532,002
Casio Computer Co., Ltd.		15,900		117,898
Central Japan Railway Co.		97		713,440
Chiba Bank Ltd.		46,000		268,352
Chiyoda Corp.		9,000		73,634
Chubu Electric Power Co., Inc.		43,600		1,077,465
Chugai Pharmaceutical Co., Ltd.		17,600		323,412
Chugoku Bank Ltd.		12,000		145,903
Chugoku Electric Power Co., Inc.		21,100		416,288
Chuo Mitsui Trust Holdings, Inc.		72,000		238,908
Citizen Holdings Co., Ltd.		21,100		126,630
Coca-Cola West Co., Ltd.		1,800		30,359
Cosmo Oil Co., Ltd.		36,000	$	94,011
Credit Saison Co., Ltd.		12,900		172,453
Dai Nippon Printing Co., Ltd.		35,000		427,228
Daicel Chemical Industries Ltd.		16,000		107,714
Daido Steel Co., Ltd.		14,000		68,088
Daihatsu Motor Co., Ltd.		16,000		214,087
Dai-ichi Life Insurance Co., Ltd.		559		674,978
Daiichi Sankyo Co., Ltd.		43,800		890,901
Daikin Industries Ltd.		16,300		613,105
Dainippon Sumitomo Pharma Co., Ltd.		16,400		137,322
Daito Trust Construction Co., Ltd.		5,400		322,784
Daiwa House Industry Co., Ltd.		26,000		261,620
Daiwa Securities Group, Inc.		121,400		490,079
DeNA Co., Ltd.		4,500		141,717
Denki Kagaku Kogyo KK		32,000		137,614
Denso Corp.		31,900		945,765
Dentsu, Inc.		9,786		226,714
Dowa Holdings Co., Ltd.		14,000		83,349
East Japan Railway Co.		22,537		1,360,643
Eisai Co., Ltd.		16,000		559,463
Electric Power Development Co., Ltd.		6,000		180,402
Elpida Memory, Inc.*		12,000		137,997
FamilyMart Co., Ltd.		2,800		100,388
Fanuc Ltd.		12,800		1,629,899
Fast Retailing Co., Ltd.		3,300		464,878
Fuji Electric Holdings Co., Ltd.		34,000		89,195
Fuji Heavy Industries Ltd.		33,000		210,302
Fuji Media Holdings, Inc.		50		63,668
Fujifilm Holdings Corp.		30,600		1,013,524
Fujitsu Ltd.		121,000		849,377
Fukuoka Financial Group, Inc.		62,000		248,059
Furukawa Electric Co., Ltd.		36,000		135,410
GS Yuasa Corp.		21,000		147,664
Gunma Bank Ltd.		32,000		167,513
Hachijuni Bank Ltd.		30,000		156,684
Hakuhodo DY Holdings, Inc.		1,230		59,526
Hamamatsu Photonics KK		2,700		88,070
Hankyu Hanshin Holdings, Inc.		86,000		413,105
Hino Motors Ltd.		11,000		53,103
Hirose Electric Co., Ltd.		2,400		241,782
Hiroshima Bank Ltd.		44,000		179,205
Hisamitsu Pharmaceutical Co., Inc.		5,700		232,834
Hitachi Chemical Co., Ltd.		9,100		169,835
Hitachi Construction Machinery Co., Ltd.		5,800		125,407
Hitachi High-Technologies Corp.		6,800		125,443
Hitachi Ltd.		295,200		1,290,704
Hitachi Metals Ltd.		15,000		176,629
Hokkaido Electric Power Co., Inc.		14,600		290,671
Hokuhoku Financial Group, Inc.		89,000		163,117
Hokuriku Electric Power Co.		13,300		303,663
Honda Motor Co., Ltd.		111,600		3,961,078
HOYA Corp.		29,600		721,562
Ibiden Co., Ltd.		7,700		195,452
Idemitsu Kosan Co., Ltd.		1,500		128,654
IHI Corp.		93,000		178,246
INPEX Corp.		145		682,619
Isetan Mitsukoshi Holdings Ltd.		27,700		287,684
Isuzu Motors Ltd.		75,000		289,291
Ito En Ltd.		2,600		42,700
ITOCHU Corp.		99,000		906,037
ITOCHU Techno-Solutions Corp.		1,100		35,920
Iyo Bank Ltd.		21,000		170,304

See Notes to Portfolio of Investments.

295

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
J. Front Retailing Co., Ltd.		35,000	$	162,674
Jafco Co., Ltd.		1,200		28,333
Japan Petroleum Exploration Co.		1,700		64,045
Japan Prime Realty Investment Corp. (REIT)		41		90,271
Japan Real Estate Investment Corp. (REIT)		38		345,496
Japan Retail Fund Investment Corp. (REIT)		117		164,680
Japan Steel Works Ltd.		20,000		188,309
Japan Tobacco, Inc.		295		982,038
JFE Holdings, Inc.		32,900		1,006,154
JGC Corp.		12,000		208,289
Joyo Bank Ltd.		54,000		235,458
JS Group Corp.		15,000		294,142
JSR Corp.		12,200		207,669
JTEKT Corp.		16,400		151,073
Jupiter Telecommunications Co., Ltd.		182		196,215
JX Holdings, Inc.		146,533		849,568
Kajima Corp.		60,000		144,466
Kamigumi Co., Ltd.		17,000		126,258
Kaneka Corp.		19,000		114,027
Kansai Electric Power Co., Inc.		50,300		1,221,348
Kansai Paint Co., Ltd.		12,000		102,204
Kao Corp.		35,000		852,779
Kawasaki Heavy Industries Ltd.		83,000		235,637
Kawasaki Kisen Kaisha Ltd.		38,000		142,932
KDDI Corp.		190		909,260
Keihin Electric Express Railway Co., Ltd.		35,000		338,345
Keio Corp.		46,000		316,291
Keisei Electric Railway Co., Ltd.		17,000		109,152
Keyence Corp.		3,000		652,611
Kikkoman Corp.		11,000		121,358
Kinden Corp.		6,000		54,193
Kintetsu Corp.		120,000		405,367
Kirin Holdings Co., Ltd.		54,000		766,531
Kobe Steel Ltd.		171,000		401,485
Koito Manufacturing Co., Ltd.		6,000		91,998
Komatsu Ltd.		62,900		1,460,232
Konami Corp.		6,800		120,067
Konica Minolta Holdings, Inc.		30,000		292,525
Kubota Corp.		74,000		677,240
Kuraray Co., Ltd.		27,000		340,896
Kurita Water Industries Ltd.		9,100		252,572
Kyocera Corp.		10,700		1,011,296
Kyowa Hakko Kirin Co., Ltd.		22,000		217,944
Kyushu Electric Power Co., Inc.		23,700		541,114
Lawson, Inc.		3,500		160,368
Mabuchi Motor Co., Ltd.		1,700		86,955
Makita Corp.		6,400		202,932
Marubeni Corp.		120,000		678,486
Marui Group Co., Ltd.		14,100		105,564
Maruichi Steel Tube Ltd.		400		7,667
Matsui Securities Co., Ltd.		3,800		21,258
Mazda Motor Corp.		102,300		246,314
McDonald’s Holdings Co. Japan Ltd.		6,710		161,561
Medipal Holdings Corp.		9,700		123,283
MEIJI Holdings Co., Ltd.		5,822		274,083
Minebea Co., Ltd.		24,000		123,622
Mitsubishi Chemical Holdings Corp.		74,500		378,390
Mitsubishi Corp.		89,900		2,133,348
Mitsubishi Electric Corp.		128,000		1,100,910
Mitsubishi Estate Co., Ltd.		78,000		1,268,855
Mitsubishi Gas Chemical Co., Inc.		26,000		151,054
Mitsubishi Heavy Industries Ltd.		196,000	$	723,143
Mitsubishi Logistics Corp.		6,000		71,945
Mitsubishi Materials Corp.*		90,000		258,745
Mitsubishi Motors Corp.*		267,000		348,622
Mitsubishi Tanabe Pharma Corp.		12,000		195,496
Mitsubishi UFJ Financial Group, Inc.		853,900		3,979,002
Mitsubishi UFJ Lease & Finance Co., Ltd.		4,110		144,500
Mitsui & Co., Ltd.		116,300		1,730,290
Mitsui Chemicals, Inc.		44,000		118,591
Mitsui Engineering & Shipbuilding Co., Ltd.		50,000		113,201
Mitsui Fudosan Co., Ltd.		55,000		927,647
Mitsui Mining & Smelting Co., Ltd.		32,000		91,615
Mitsui O.S.K. Lines Ltd.		74,000		465,381
Mitsumi Electric Co., Ltd.		5,300		81,265
Mizuho Financial Group, Inc.		1,356,964		1,983,105
Mizuho Securities Co., Ltd.		53,000		121,263
Mizuho Trust & Banking Co., Ltd.*		141,000		118,232
MS&AD Insurance Group Holdings, Inc.		37,807		868,184
Murata Manufacturing Co., Ltd.		13,900		732,631
Namco Bandai Holdings, Inc.		12,600		116,823
NEC Corp.		163,000		433,469
NGK Insulators Ltd.		15,000		249,221
NGK Spark Plug Co., Ltd.		12,000		160,565
NHK Spring Co., Ltd.		9,000		74,497
Nidec Corp.		7,100		631,073
Nikon Corp.		20,000		370,867
Nintendo Co., Ltd.		6,600		1,649,209
Nippon Building Fund, Inc. (REIT)		40		350,264
Nippon Electric Glass Co., Ltd.		26,000		354,432
Nippon Express Co., Ltd.		67,000		254,420
Nippon Meat Packers, Inc.		16,000		195,879
Nippon Paper Group, Inc.		7,792		194,987
Nippon Sheet Glass Co., Ltd.		45,000		98,107
Nippon Steel Corp.		341,000		1,160,086
Nippon Telegraph & Telephone Corp.		34,159		1,491,490
Nippon Yusen KK		94,000		385,098
Nishi-Nippon City Bank Ltd.		42,000		120,244
Nissan Chemical Industries Ltd.		9,000		101,449
Nissan Motor Co., Ltd.		172,600		1,507,252
Nissha Printing Co., Ltd.		1,600		36,358
Nisshin Seifun Group, Inc.		12,500		164,261
Nisshin Steel Co., Ltd.		41,000		73,179
Nisshinbo Holdings, Inc.		7,000		70,184
Nissin Food Holdings Co., Ltd.		6,000		216,699
Nitori Holdings Co., Ltd.		3,050		255,019
Nitto Denko Corp.		10,200		398,934
NKSJ Holdings, Inc.*		102,125		641,034
NOK Corp.		7,800		135,762
Nomura Holdings, Inc.		246,300		1,191,965
Nomura Real Estate Holdings, Inc.		6,700		95,107
Nomura Real Estate Office Fund, Inc. (REIT)		17		94,388
Nomura Research Institute Ltd.		8,500		159,757
NSK Ltd.		37,000		250,862
NTN Corp.		31,000		133,685
NTT Data Corp.		85		268,705
NTT DoCoMo, Inc.		1,019		1,696,706
NTT Urban Development Corp.		67		56,342
Obayashi Corp.		54,000		214,758
Obic Co., Ltd.		340		64,269
Odakyu Electric Railway Co., Ltd.		48,000		443,891

See Notes to Portfolio of Investments.

296

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
OJI Paper Co., Ltd.		67,000	$	296,155
Olympus Corp.		16,000		418,975
Omron Corp.		15,600		354,308
Ono Pharmaceutical Co., Ltd.		6,700		291,741
Oracle Corp. Japan		2,200		104,756
Oriental Land Co., Ltd.		4,000		372,784
ORIX Corp.		6,870		525,043
Osaka Gas Co., Ltd.		121,000		436,284
Otsuka Corp.		700		46,454
Panasonic Corp.		131,800		1,785,647
Panasonic Electric Works Co., Ltd.		29,000		384,559
Rakuten, Inc.		469		343,267
Resona Holdings, Inc.		37,605		337,400
Ricoh Co., Ltd.		44,000		620,364
Rinnai Corp.		3,400		199,976
Rohm Co., Ltd.		7,300		450,347
Sankyo Co., Ltd.		4,100		217,082
Santen Pharmaceutical Co., Ltd.		4,800		166,229
Sanyo Electric Co., Ltd.*		137,000		226,473
Sapporo Hokuyo Holdings, Inc.		15,487		71,610
Sapporo Holdings Ltd.		15,000		70,256
SBI Holdings, Inc.		1,119		140,344
Secom Co., Ltd.		13,500		609,667
Sega Sammy Holdings, Inc.		10,500		160,494
Seiko Epson Corp.		11,500		174,263
Sekisui Chemical Co., Ltd.		36,000		217,777
Sekisui House Ltd.		41,000		368,352
Senshu Ikeda Holdings, Inc.		35,511		53,173
Seven & I Holdings Co., Ltd.		50,900		1,192,626
Seven Bank Ltd.		45		80,588
Sharp Corp.		65,000		647,041
Shikoku Electric Power Co., Inc.		13,600		390,177
Shimadzu Corp.		17,000		130,738
Shimamura Co., Ltd.		1,200		111,404
Shimano, Inc.		5,000		264,734
Shimizu Corp.		51,000		188,776
Shin-Etsu Chemical Co., Ltd.		27,600		1,343,963
Shinko Electric Industries Co., Ltd.		4,000		44,226
Shinsei Bank Ltd.*		72,000		50,886
Shionogi & Co., Ltd.		18,000		329,468
Shiseido Co., Ltd.		22,000		493,867
Shizuoka Bank Ltd.		46,000		396,191
Showa Denko KK		114,000		218,495
Showa Shell Sekiyu KK		11,600		88,654
SMC Corp.		3,400		448,419
Softbank Corp.		53,700		1,756,764
Sojitz Corp.		103,900		186,691
Sony Corp.		67,300		2,080,753
Sony Financial Holdings, Inc.		71		231,337
Square Enix Holdings Co., Ltd.		6,100		136,717
Stanley Electric Co., Ltd.		11,400		181,624
Sumco Corp.*		6,200		96,699
Sumitomo Chemical Co., Ltd.		99,000		434,044
Sumitomo Corp.		80,700		1,040,168
Sumitomo Electric Industries Ltd.		55,200		673,138
Sumitomo Heavy Industries Ltd.		34,000		175,132
Sumitomo Metal Industries Ltd.		244,000		616,723
Sumitomo Metal Mining Co., Ltd.		34,000		519,286
Sumitomo Mitsui Financial Group, Inc.		89,607		2,610,496
Sumitomo Realty & Development Co., Ltd.		24,000		495,927
Sumitomo Rubber Industries Ltd.		10,600		103,486
Sumitomo Trust & Banking Co., Ltd.		89,000		445,640
Suruga Bank Ltd.		13,000		114,614
Suzuken Co., Ltd.		4,800	$	158,869
Suzuki Motor Corp.		21,900		460,666
Sysmex Corp.		2,100		145,652
T&D Holdings, Inc.		17,550		365,800
Taiheiyo Cement Corp.*		48,000		56,349
Taisei Corp.		67,000		138,045
Taisho Pharmaceutical Co., Ltd.		10,000		202,324
Taiyo Nippon Sanso Corp.		24,000		204,121
Takashimaya Co., Ltd.		22,000		169,717
Takeda Pharmaceutical Co., Ltd.		50,300		2,310,739
TDK Corp.		7,800		434,943
Teijin Ltd.		70,000		231,433
Terumo Corp.		10,800		573,119
THK Co., Ltd.		8,300		155,501
Tobu Railway Co., Ltd.		63,000		362,997
Toho Co., Ltd.		7,000		112,614
Toho Gas Co., Ltd.		32,000		158,313
Tohoku Electric Power Co., Inc.		31,000		685,506
Tokio Marine Holdings, Inc.		47,900		1,292,175
Tokuyama Corp.		19,000		96,502
Tokyo Electric Power Co., Inc.		81,600		1,990,149
Tokyo Electron Ltd.		11,100		556,463
Tokyo Gas Co., Ltd.		164,000		744,562
Tokyo Steel Manufacturing Co., Ltd.		5,300		62,536
Tokyo Tatemono Co., Ltd.		20,000		76,665
Tokyu Corp.		88,000		388,979
Tokyu Land Corp.		31,000		128,486
TonenGeneral Sekiyu KK		24,000		222,233
Toppan Printing Co., Ltd.		43,000		336,356
Toray Industries, Inc.		97,000		540,309
Toshiba Corp.		267,000		1,292,142
Tosoh Corp.		30,000		80,858
TOTO Ltd.		15,000		102,779
Toyo Seikan Kaisha Ltd.		12,800		230,609
Toyo Suisan Kaisha Ltd.		4,000		82,463
Toyoda Gosei Co., Ltd.		5,700		125,635
Toyota Boshoku Corp.		6,200		103,160
Toyota Industries Corp.		13,300		355,123
Toyota Motor Corp.		187,900		6,748,014
Toyota Tsusho Corp.		17,400		256,373
Trend Micro, Inc.		8,500		253,636
Tsumura & Co.		2,700		83,963
Ube Industries Ltd.		74,000		163,991
Unicharm Corp.		9,600		386,392
UNY Co., Ltd.		10,000		79,061
Ushio, Inc.		6,900		116,130
USS Co., Ltd.		1,250		93,286
West Japan Railway Co.		105		376,581
Yahoo! Japan Corp.		978		337,872
Yakult Honsha Co., Ltd.		8,000		247,053
Yamada Denki Co., Ltd.		5,450		338,177
Yamaguchi Financial Group, Inc.		17,000		160,266
Yamaha Corp.		10,100		117,236
Yamaha Motor Co., Ltd.*		14,900		223,643
Yamato Holdings Co., Ltd.		24,000		290,369
Yamato Kogyo Co., Ltd.		2,200		53,287
Yamazaki Baking Co., Ltd.		7,000		85,362
Yaskawa Electric Corp.		16,000		128,989
Yokogawa Electric Corp.		15,500		105,462

				147,497,708

Lebanon (0.2%)
Banque Audi sal-Audi Saradar Group (GDR)*		236,779		2,104,965

See Notes to Portfolio of Investments.

297

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
BLOM Bank SAL (GDR)		18,256	$	1,729,756

				3,834,721

Luxembourg (0.1%)
ArcelorMittal S.A.		56,797		1,870,673
Millicom International Cellular S.A. (SDR)		4,805		458,376
SES S.A. (FDR)		22,367		537,723
Tenaris S.A.		32,622		625,720

				3,492,492

Macau (0.0%)
Sands China Ltd.*		171,987		310,332
Wynn Macau Ltd.*		84,800		146,673

				457,005

Malaysia (0.3%)
Axiata Group Bhd*		3,571,300		5,067,151
Sime Darby Bhd		773,600		2,130,094

				7,197,245

Mexico (1.1%)
America Movil S.A.B. de C.V. (Frankfurt Exchange) (ADR)		223,949		11,943,200
America Movil S.A.B. de C.V. (New York Exchange) (ADR)		15,200		810,616
Desarrolladora Homex S.A.B. de C.V. (ADR)*		9,475		306,706
Empresas ICA S.A.B. de C.V.*		494,000		1,199,557
Fomento Economico Mexicano S.A.B. de C.V. (ADR)		109,500		5,554,935
Fresnillo plc		12,043		234,966
Genomma Lab Internacional S.A. de C.V., Class B*		632,200		1,214,067
Grupo Financiero Banorte S.A.B. de C.V., Class O		715,724		2,714,851
Wal-Mart de Mexico S.A.B. de C.V.		1,370,400		3,447,301

				27,426,199

Netherlands (1.3%)
Aegon N.V.*		99,569		596,566
Akzo Nobel N.V.		16,000		987,102
ASML Holding N.V.		29,881		892,510
Corio N.V. (REIT)		4,662		318,727
Delta Lloyd N.V.		2,709		50,632
European Aeronautic Defence and Space Co. N.V.*		27,576		687,764
Fugro N.V. (CVA)		4,525		297,547
Heineken Holding N.V.		7,786		340,612
Heineken N.V.		17,713		918,561
ING Groep N.V. (CVA)*		256,670		2,662,780
Koninklijke (Royal) KPN N.V.		109,353		1,691,261
Koninklijke Ahold N.V.		76,277		1,028,200
Koninklijke Boskalis Westminster N.V.		5,373		225,492
Koninklijke DSM N.V.		11,889		609,084
Koninklijke Philips Electronics N.V.		64,594		2,030,172
Koninklijke Vopak N.V.		4,736		226,037
QIAGEN N.V.*		12,885		230,547
Randstad Holding N.V.*		7,356		334,185
Reed Elsevier N.V.		48,768		614,967
Royal Dutch Shell plc, Class A		241,174		7,258,962
Royal Dutch Shell plc, Class B		183,283		5,346,661
SBM Offshore N.V.		9,584		181,609
TNT N.V.		26,661		716,372
Unilever N.V. (CVA)		108,993		3,257,720
Wolters Kluwer N.V.		22,189	$	465,837

				31,969,907

New Zealand (0.0%)
Auckland International Airport Ltd.		44,662		67,175
Contact Energy Ltd.*		16,158		67,100
Fletcher Building Ltd.		50,744		300,081
Sky City Entertainment Group Ltd.		40,683		84,473
Telecom Corp. of New Zealand Ltd.		162,029		240,139

				758,968

Norway (0.2%)
Aker Solutions ASA		9,235		133,865
DnB NOR ASA		64,877		883,059
Norsk Hydro ASA		62,749		378,768
Orkla ASA		44,060		406,052
Renewable Energy Corp. ASA*		37,110		125,695
Statoil ASA		78,541		1,638,622
Telenor ASA		59,900		938,046
Yara International ASA		12,650		572,150

				5,076,257

Peru (0.2%)
Cia de Minas Buenaventura S.A. (ADR)		52,940		2,391,829
Credicorp Ltd.		31,570		3,595,823

				5,987,652

Philippines (0.5%)
Ayala Corp.		227,870		2,121,629
Metro Pacific Investments Corp.		25,464,000		2,181,717
Metropolitan Bank & Trust		1,532,250		2,442,313
Philippine Long Distance Telephone Co.		36,850		2,196,641
SM Investments Corp.		185,780		2,413,002

				11,355,302

Poland (0.7%)
Central European
Distribution Corp.*		89,307		1,993,332
Polski Koncern Naftowy Orlen S.A.*		236,366		3,252,538
Powszechna Kasa Oszczednosci Bank Polski S.A.*		327,852		4,967,096
Powszechny Zaklad Ubezpieczen S.A.		21,366		3,013,592
Telekomunikacja Polska S.A.		726,012		4,490,667

				17,717,225

Portugal (0.2%)
Banco Comercial Portugues S.A. (Registered)		145,633		126,863
Banco Espirito Santo S.A. (Registered)		39,004		180,520
Brisa Auto-Estradas de Portugal S.A.		13,980		90,145
Cimpor Cimentos de Portugal SGPS S.A.		15,910		102,417
EDP - Energias de Portugal S.A.		115,154		394,657
Galp Energia SGPS S.A., Class B		12,506		215,838
Jeronimo Martins SGPS S.A.		225,891		3,020,949
Portugal Telecom SGPS S.A. (Registered)		33,261		443,909

				4,575,298

Russia (0.8%)
LUKOIL OAO (Chi-X Alt TS Exchange) (ADR)		3,120		177,216
LUKOIL OAO (OTC Exchange) (ADR)		121,775		6,904,642
Protek*		475,400		950,800
Rosneft Oil Co. (GDR)*		486,716		3,246,396
RusHydro OJSC*		9,207,306		471,414

See Notes to Portfolio of Investments.

298

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Sberbank of Russian Federation		1,021,975	$	2,866,640
Wimm-Bill-Dann Foods OJSC (ADR)		110,768		2,505,572
X5 Retail Group N.V. (GDR)(m)*		55,218		2,208,720

				19,331,400

Singapore (0.6%)
Ascendas Real Estate Investment
Trust (REIT)		114,000		189,841
CapitaLand Ltd.		169,000		521,740
CapitaMall Trust (REIT)		172,000		281,195
CapitaMalls Asia Ltd.		85,564		140,535
City Developments Ltd.		42,000		407,513
ComfortDelgro Corp., Ltd.		131,000		151,411
Cosco Corp. (Singapore) Ltd.		45,000		60,566
DBS Group Holdings Ltd.		120,000		1,284,769
Fraser and Neave Ltd.		66,000		326,211
Genting Singapore plc*		358,457		506,980
Golden Agri-Resources Ltd.		5,943,225		2,575,955
Jardine Cycle & Carriage Ltd.		9,000		268,953
Keppel Corp., Ltd.		86,000		587,240
Keppel Land Ltd.		31,000		95,468
Neptune Orient Lines Ltd.*		41,750		62,858
Olam International Ltd.		99,000		245,411
Oversea-Chinese Banking Corp., Ltd.		174,000		1,170,938
SembCorp Industries Ltd.		85,000		281,804
SembCorp Marine Ltd.		73,000		218,151
Singapore Airlines Ltd.		31,000		384,701
Singapore Exchange Ltd.		55,000		377,234
Singapore Press Holdings Ltd.		115,000		371,645
Singapore Technologies Engineering Ltd.		105,000		268,269
Singapore Telecommunications Ltd.		557,000		1,329,922
StarHub Ltd.		61,288		120,236
United Overseas Bank Ltd.		85,000		1,184,092
UOL Group Ltd.		31,000		109,140
Wilmar International Ltd.		130,000		594,099

				14,116,877

South Africa (1.3%)
AVI Ltd.		765,482		2,988,238
Clicks Group Ltd.		661,900		4,197,264
Impala Platinum Holdings Ltd.		208,400		5,381,730
Imperial Holdings Ltd.		146,300		2,381,225
MTN Group Ltd.		460,498		8,324,343
Naspers Ltd., Class N		129,356		6,324,669
Pick n Pay Stores Ltd.		332,426		2,061,253

				31,658,722

South Korea (2.6%)
Amorepacific Corp.		1,644		1,652,290
Cheil Industries, Inc.		28,680		2,510,207
Cheil Worldwide, Inc.		174,917		2,078,602
GS Engineering & Construction Corp.		13,990		1,076,012
Hyundai Engineering & Construction Co., Ltd.		36,149		2,298,446
Hyundai Mobis		14,896		3,357,397
Hyundai Motor Co.		40,117		5,382,943
Hyundai Steel Co.		16,047		1,646,568
KB Financial Group, Inc.		74,955		3,221,044
KT Corp.		43,780		1,754,656
KT Corp. (ADR)		8,500		173,910
LG Chem Ltd.		17,483		5,113,423
LG Display Co., Ltd.		47,090		1,627,140
LG Display Co., Ltd. (ADR)		24,300		423,792
NHN Corp.*		14,592		2,508,250
OCI Co., Ltd.		8,246	$	2,556,423
Samsung C&T Corp.		9,024		492,254
Samsung Electronics Co., Ltd. (Preference)		3,691		1,803,014
Samsung Electronics Co., Ltd.		16,762		11,422,121
Samsung Fire & Marine Insurance Co., Ltd.		15,197		2,598,917
Shinhan Financial Group Co., Ltd.		83,393		3,192,374
Shinsegae Co., Ltd.		4,097		2,159,436
SSCP Co., Ltd.*		83,127		540,936
Woongjin Coway Co., Ltd.		91,758		3,572,949

				63,163,104

Spain (1.1%)
Abertis Infraestructuras S.A.		22,051		410,934
Acciona S.A.		1,956		165,217
Acerinox S.A.		3,181		56,613
ACS Actividades de Construccion y Servicios S.A.		8,066		402,727
Banco Bilbao Vizcaya Argentaria S.A.		237,103		3,201,600
Banco de Sabadell S.A.		70,039		350,796
Banco de Valencia S.A.		11,451		65,252
Banco Popular Espanol S.A.		56,265		356,670
Banco Santander S.A.		553,601		7,031,508
Bankinter S.A.		19,397		134,780
Criteria Caixacorp S.A.		67,884		356,568
EDP Renovaveis S.A.*		19,372		109,597
Enagas S.A.		12,072		244,636
Ferrovial S.A.		32,183		300,928
Fomento de Construcciones y Contratas S.A.		2,227		61,569
Gamesa Corp. Tecnologica S.A.*		10,038		70,269
Gas Natural SDG S.A.		16,963		252,870
Gestevision Telec Inc.o S.A.		5,555		61,189
Grifols S.A.		8,118		116,423
Iberdrola Renovables S.A.		66,503		221,030
Iberdrola S.A.		272,776		2,098,417
Iberia Lineas Aereas de Espana S.A.*		45,412		175,261
Inditex S.A.		15,045		1,195,123
Indra Sistemas S.A.		6,558		125,073
Mapfre S.A.		65,013		197,820
Red Electrica Corporacion S.A.		6,880		323,534
Repsol YPF S.A.		47,869		1,233,039
Telefonica S.A.		277,588		6,874,033
Zardoya Otis S.A.		10,459		187,210

				26,380,686

Sweden (0.9%)
Alfa Laval AB		26,169		458,516
Assa Abloy AB, Class B		19,592		494,135
Atlas Copco AB, Class A		43,054		831,014
Atlas Copco AB, Class B		30,164		530,751
Boliden AB		15,665		237,287
Electrolux AB, Class B		14,631		360,329
Getinge AB, Class B		15,801		369,218
Hennes & Mauritz AB, Class B		69,318		2,510,333
Hexagon AB, Class B		10,575		226,864
Holmen AB, Class B		2,875		88,677
Husqvarna AB, Class B		35,404		262,102
Investor AB, Class B		29,108		591,199
Kinnevik Investment AB, Class B		18,226		385,863
Modern Times Group AB, Class B		2,805		209,116
Nordea Bank AB		216,004		2,249,658
Ratos AB, Class B		8,893		307,149

See Notes to Portfolio of Investments.

299

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Sandvik AB		65,953	$	1,010,770
Scania AB, Class B		24,544		541,833
Securitas AB, Class B		25,760		277,460
Skandinaviska Enskilda Banken AB, Class A		96,669		716,805
Skanska AB, Class B		27,529		504,400
SKF AB, Class B		24,619		566,134
SSAB AB, Class A		9,839		156,919
SSAB AB, Class B		8,814		123,769
Svenska Cellulosa AB, Class B		41,252		627,316
Svenska Handelsbanken AB, Class A		31,891		1,045,157
Swedbank AB, Class A*		44,618		618,596
Swedish Match AB		13,318		355,260
Tele2 AB, Class B		21,456		450,425
Telefonaktiebolaget LM Ericsson, Class B		204,723		2,247,584
TeliaSonera AB		145,498		1,178,602
Volvo AB, Class B*		70,479		1,035,172

				21,568,413

Switzerland (2.4%)
ABB Ltd. (Registered)*		149,543		3,151,718
ACE Ltd.		23,260		1,354,895
Actelion Ltd. (Registered)*		7,374		295,440
Adecco S.A. (Registered)		8,143		425,526
Aryzta AG		5,931		259,536
Baloise Holding AG (Registered)		3,547		319,813
Cie Financiere Richemont S.A., Class A		36,566		1,760,482
Credit Suisse Group AG (Registered)		77,263		3,302,342
GAM Holding Ltd.*		15,892		240,972
Geberit AG (Registered)		2,257		401,949
Givaudan S.A. (Registered)		533		544,580
Holcim Ltd. (Registered)		16,986		1,090,741
Julius Baer Group Ltd.		12,092		440,168
Kuehne + Nagel International AG (Registered)		3,016		362,172
Lindt & Spruengli AG		57		136,663
Lindt & Spruengli AG (Registered)		7		195,543
Logitech International S.A. (Registered)*		10,589		184,484
Lonza Group AG (Registered)		3,207		273,981
Nestle S.A. (Registered)		235,617		12,552,333
Nobel Biocare Holding AG (Registered)		7,380		132,557
Novartis AG (Registered)		143,824		8,247,578
Pargesa Holding S.A.		1,892		138,148
Roche Holding AG		47,806		6,528,841
Schindler Holding AG		3,285		352,352
Schindler Holding AG (Registered)		1,962		209,647
SGS S.A. (Registered)		324		523,596
Sika AG		110		202,951
Sonova Holding AG (Registered)		2,575		314,456
STMicroelectronics N.V.		49,360		377,901
Straumann Holding AG (Registered)		491		109,577
Swatch Group AG		2,230		838,987
Swatch Group AG (Registered)		3,720		257,048
Swiss Life Holding AG (Registered)*		2,140		243,694
Swiss Reinsurance Co., Ltd. (Registered)		24,456		1,072,415
Swisscom AG (Registered)		1,605		647,292
Syngenta AG (Registered)		6,158		1,530,335
Tyco International Ltd.		35,265		1,295,283
UBS AG (Registered)*		249,457		4,234,410
Xstrata plc		137,865		2,637,849
Zurich Financial Services AG		10,280	$	2,409,285

				59,597,540

Taiwan (1.5%)
Acer, Inc.		669,836		1,702,382
Asustek Computer, Inc.		176,100		1,262,628
AU Optronics Corp.*		1,976,160		2,049,440
Cathay Financial Holding Co., Ltd.		1,853,237		2,832,517
China Steel Corp.		2,436,830		2,519,393
Formosa Plastics Corp.		997,000		2,447,703
Fubon Financial Holding Co., Ltd.		2,009,085		2,472,651
Hon Hai Precision Industry Co., Ltd.		1,769,576		6,655,416
HTC Corp.		134,631		3,055,339
InnoLux Display Corp.*		469,000		638,013
Lite-On Technology Corp.		1,016,564		1,282,033
Taiwan Fertilizer Co., Ltd.		496,000		1,549,529
Taiwan Semiconductor Manufacturing Co., Ltd.		2,386,133		4,735,376
Uni-President Enterprises Corp.		2,186,600		2,838,104
Yuanta Financial Holding Co., Ltd.		2,548,000		1,549,605

				37,590,129

Thailand (0.6%)
Kasikornbank PCL		19,100		78,036
Kasikornbank PCL (NVDR)		1,122,300		4,326,494
Siam Cement PCL (NVDR)		354,700		3,891,766
Siam Commercial Bank PCL (Foreign)		1,178,200		4,017,915
Total Access Communication PCL		251,200		345,555
Total Access Communication PCL (NVDR)		1,636,400		2,251,061

				14,910,827

Turkey (0.9%)
Akbank TAS		346,579		2,120,372
Anadolu Efes Biracilik Ve Malt Sanayii A/S		304,978		4,764,787
Coca-Cola Icecek A/S		156,554		1,915,596
TAV Havalimanlari Holding A/S*		708,034		3,793,345
Tupras Turkiye Petrol Rafine		81,783		2,204,927
Turk Telekomunikasyon A/S		667,360		2,998,749
Turkiye Garanti Bankasi A/S		593,810		3,448,207

				21,245,983

United Kingdom (5.6%)
3i Group plc		66,027		297,163
Admiral Group plc		12,638		330,752
Aggreko plc		16,092		396,879
AMEC plc		22,573		349,635
Anglo American plc		89,509		3,551,098
Antofagasta plc		26,824		520,823
ARM Holdings plc		90,118		555,223
Associated British Foods plc		24,063		396,528
AstraZeneca plc		98,580		5,007,376
Autonomy Corp. plc*		14,579		415,216
Aviva plc		188,189		1,179,253
Babcock International Group plc		24,366		218,176
BAE Systems plc		240,872		1,295,215
Balfour Beatty plc		49,527		208,120
Barclays plc		773,487		3,640,352
BG Group plc		229,252		4,028,076
BHP Billiton plc		150,124		4,775,553
BP plc		1,275,892		8,574,390
British Airways plc*		51,334		195,795
British American Tobacco plc		135,798		5,065,404
British Land Co. plc (REIT)		58,751		429,158
British Sky Broadcasting Group plc		76,750		850,597
BT Group plc, Class A		527,386		1,159,859

See Notes to Portfolio of Investments.

300

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Bunzl plc		22,311	$	266,017
Burberry Group plc		29,503		482,001
Cable & Wireless Worldwide plc		140,416		162,236
Cairn Energy plc*		91,879		654,693
Capita Group plc		42,386		523,352
Capital Shopping Centres Group plc (REIT)		33,306		192,382
Carnival plc		11,171		439,064
Centrica plc		349,094		1,774,047
Cobham plc		77,862		282,544
Compass Group plc		126,139		1,051,195
Diageo plc		170,164		2,929,724
Eurasian Natural Resources Corp.		16,968		244,826
Firstgroup plc		34,783		198,236
G4S plc		85,629		342,474
GlaxoSmithKline plc		352,750		6,951,623
Hammerson plc (REIT)		47,795		296,045
Home Retail Group plc		59,693		193,170
HSBC Holdings plc		1,184,088		11,997,541
ICAP plc		35,028		237,435
Imperial Tobacco Group plc		69,140		2,060,370
Inmarsat plc		29,611		308,633
Intercontinental Hotels Group plc		17,428		311,010
International Power plc		103,564		631,232
Intertek Group plc		10,772		309,668
Invensys plc		54,867		257,279
Investec plc		34,104		272,424
ITV plc*		206,603		193,596
J Sainsbury plc		79,000		484,863
Johnson Matthey plc		14,603		404,200
Kazakhmys plc		14,558		332,060
Kingfisher plc		160,673		591,124
Land Securities Group plc (REIT)		51,426		517,429
Legal & General Group plc		398,734		648,294
Lloyds Banking Group plc*		2,735,599		3,185,198
London Stock Exchange Group plc		9,901		105,919
Lonmin plc*		10,347		271,281
Man Group plc		116,410		400,665
Marks & Spencer Group plc		107,420		654,904
National Grid plc		234,218		1,986,839
Next plc		13,442		467,931
Old Mutual plc		358,376		781,406
Pearson plc		55,172		854,130
Petrofac Ltd.		15,935		343,693
Prudential plc		172,263		1,722,420
Randgold Resources Ltd.		6,129		613,307
Reckitt Benckiser Group plc		40,957		2,252,521
Reed Elsevier plc		82,492		697,176
Resolution Ltd.		93,803		361,020
Rexam plc		59,650		287,672
Rio Tinto plc		97,131		5,677,617
Rolls-Royce Group plc*		126,126		1,195,723
Royal Bank of Scotland Group plc*		1,149,810		852,724
RSA Insurance Group plc		232,102		476,544
SABMiller plc (Johannesburg Exchange)		135,637		4,412,423
SABMiller plc (Quote MTF Exchange)		63,252		2,022,525
Sage Group plc		89,347		387,801
Schroders plc		7,922		178,954
Scottish & Southern Energy plc		62,797		1,102,882
Segro plc (REIT)		42,271		181,282
Serco Group plc		33,377		322,456
Severn Trent plc		16,096		331,489
Smith & Nephew plc		60,237		549,306
Smiths Group plc		26,526	$	507,954
Standard Chartered plc		137,658		3,948,669
Standard Life plc		152,112		552,459
Tesco plc		540,080		3,597,265
Thomas Cook Group plc		58,383		157,564
TUI Travel plc		36,884		124,226
Tullow Oil plc		60,182		1,204,438
Unilever plc		87,298		2,524,682
United Utilities Group plc		46,387		417,541
Vedanta Resources plc		9,277		315,511
Vodafone Group plc		3,577,861		8,829,746
Whitbread plc		11,912		303,892
WM Morrison Supermarkets plc		142,020		659,704
Wolseley plc*		19,314		485,142
WPP plc		85,255		943,516
				137,231,545
United States (29.4%)
3M Co.		49,318		4,276,364
Abbott Laboratories, Inc.		106,785		5,578,448
Abercrombie & Fitch Co., Class A		5,767		226,758
Adobe Systems, Inc.*		36,001		941,426
Advanced Micro Devices, Inc.*		41,369		294,134
AES Corp.*		48,022		545,050
Aetna, Inc.		28,922		914,224
Aflac, Inc.		32,818		1,697,019
Agilent Technologies, Inc.*		24,724		825,040
Air Products & Chemicals, Inc.		14,975		1,240,229
Airgas, Inc.		5,163		350,826
AK Steel Holding Corp.		6,724		92,858
Akamai Technologies, Inc.*		12,302		617,314
Alcoa, Inc.		69,414		840,604
Allegheny Energy, Inc.		13,228		324,351
Allegheny Technologies, Inc.		6,552		304,340
Allergan, Inc.		21,495		1,430,062
Allstate Corp.		36,763		1,159,873
Altera Corp.		20,764		626,242
Altria Group, Inc.		143,899		3,456,454
Amazon.com, Inc.*		24,427		3,836,505
Ameren Corp.		17,721		503,276
American Electric Power Co., Inc.		32,725		1,185,627
American Express Co.		72,579		3,050,495
American International Group, Inc.*		8,965		350,531
American Tower Corp., Class A*		27,609		1,415,237
Ameriprise Financial, Inc.		17,406		823,826
AmerisourceBergen Corp.		19,115		586,066
Amgen, Inc.*		66,969		3,690,662
Amphenol Corp., Class A		12,514		612,936
Anadarko Petroleum Corp.		34,285		1,955,959
Analog Devices, Inc.		21,503		674,764
Aon Corp.		19,093		746,727
Apache Corp.		25,099		2,453,678
Apartment Investment & Management Co. (REIT), Class A		9,061		193,724
Apollo Group, Inc., Class A*		8,513		437,143
Apple, Inc.*		63,287		17,957,686
Applied Materials, Inc.		91,921		1,073,637
Archer-Daniels-Midland Co.		43,981		1,403,874
Assurant, Inc.		7,048		286,854
AT&T, Inc.		409,164		11,702,090
Autodesk, Inc.*		15,373		491,475
Automatic Data Processing, Inc.		34,485		1,449,405
AutoNation, Inc.*		5,375		124,969
AutoZone, Inc.*		1,921		439,736
AvalonBay Communities, Inc. (REIT)		5,771		599,780

See Notes to Portfolio of Investments.

301

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Avery Dennison Corp.		8,378	$	310,991
Avon Products, Inc.		29,151		936,039
Baker Hughes, Inc.		29,377		1,251,460
Ball Corp.		6,349		373,639
Bank of America Corp.		694,602		9,106,232
Bank of New York Mellon Corp.		83,438		2,180,235
Baxter International, Inc.		40,959		1,954,154
BB&T Corp.		47,442		1,142,403
Becton, Dickinson and Co.		15,954		1,182,191
Bed Bath & Beyond, Inc.*		17,905		777,256
Bemis Co., Inc.		8,641		274,352
Berkshire Hathaway, Inc., Class B*		119,762		9,901,922
Best Buy Co., Inc.		23,572		962,445
Big Lots, Inc.*		5,238		174,163
Biogen Idec, Inc.*		16,753		940,178
BMC Software, Inc.*		12,177		492,925
Boeing Co.		50,731		3,375,641
Boston Properties, Inc. (REIT)		9,444		784,985
Boston Scientific Corp.*		106,858		655,040
Bristol-Myers Squibb Co.		118,519		3,213,050
Broadcom Corp., Class A		30,648		1,084,633
Brown-Forman Corp., Class B		7,196		443,561
C.H. Robinson Worldwide, Inc.		11,240		785,901
C.R. Bard, Inc.		6,404		521,478
CA, Inc.		26,832		566,692
Cabot Oil & Gas Corp.		7,837		235,972
Cameron International Corp.*		17,494		751,542
Campbell Soup Co.		13,006		464,964
Capital One Financial Corp.		31,269		1,236,689
Cardinal Health, Inc.		24,348		804,458
CareFusion Corp.*		13,001		322,945
CarMax, Inc.*		15,442		430,214
Carnival Corp.		30,189		1,153,522
Caterpillar, Inc.		43,507		3,423,131
CB Richard Ellis Group, Inc., Class A*		19,872		363,260
CBS Corp., Class B		46,115		731,384
Celgene Corp.*		31,649		1,823,299
CenterPoint Energy, Inc.		29,548		464,495
CenturyLink, Inc.		21,612		852,810
Cephalon, Inc.*		4,959		309,640
Cerner Corp.*		5,000		419,950
CF Industries Holdings, Inc.		4,798		458,209
Charles Schwab Corp.		67,631		940,071
Chesapeake Energy Corp.		44,491		1,007,721
Chevron Corp.		139,215		11,283,376
Chubb Corp.		22,349		1,273,669
CIGNA Corp.		18,741		670,553
Cincinnati Financial Corp.		10,766		310,599
Cintas Corp.		10,166		280,073
Cisco Systems, Inc.*		395,334		8,657,815
Citigroup, Inc.*		1,643,457		6,409,482
Citrix Systems, Inc.*		12,739		869,309
Cliffs Natural Resources, Inc.		9,123		583,142
Clorox Co.		9,527		636,023
CME Group, Inc.		4,606		1,199,633
CMS Energy Corp.		14,962		269,615
Coach, Inc.		20,846		895,544
Coca-Cola Co.		159,866		9,355,358
Coca-Cola Enterprises, Inc.		22,700		703,700
Cognizant Technology Solutions Corp., Class A*		20,627		1,329,823
Colgate-Palmolive Co.		33,782		2,596,485
Comcast Corp., Class A		194,598		3,518,332
Comerica, Inc.		11,828		439,410
Computer Sciences Corp.		11,099	$	510,554
Compuware Corp.*		18,889		161,123
ConAgra Foods, Inc.		30,268		664,080
ConocoPhillips		102,797		5,903,632
Consol Energy, Inc.		15,258		563,936
Consolidated Edison, Inc.		20,079		968,209
Constellation Brands, Inc., Class A*		12,285		217,322
Constellation Energy Group, Inc.		13,564		437,303
Corning, Inc.		107,975		1,973,783
Costco Wholesale Corp.		30,285		1,953,080
Coventry Health Care, Inc.*		11,317		243,655
CSX Corp.		26,680		1,475,938
Cummins, Inc.		13,693		1,240,312
CVS Caremark Corp.		95,034		2,990,720
D.R. Horton, Inc.		18,129		201,594
Danaher Corp.		36,732		1,491,687
Darden Restaurants, Inc.		9,406		402,389
DaVita, Inc.*		7,519		519,037
Dean Foods Co.*		13,963		142,562
Deere & Co.		29,172		2,035,622
Dell, Inc.*		118,275		1,532,844
Denbury Resources, Inc.*		28,410		451,435
DENTSPLY International, Inc.		9,902		316,567
Devon Energy Corp.		30,160		1,952,558
DeVry, Inc.		4,034		198,513
Diamond Offshore Drilling, Inc.		4,580		310,387
DIRECTV, Class A*		60,098		2,501,880
Discover Financial Services		38,755		646,433
Discovery Communications, Inc., Class A*		20,200		879,710
Dominion Resources, Inc.		40,924		1,786,742
Dover Corp.		13,479		703,739
Dow Chemical Co.		79,847		2,192,599
Dr. Pepper Snapple Group, Inc.		16,098		571,801
DTE Energy Co.		11,354		521,489
Duke Energy Corp.		90,612		1,604,739
Dun & Bradstreet Corp.		3,882		287,811
ETRADE Financial Corp.		12,673		184,265
E.I. du Pont de Nemours & Co.		62,587		2,792,632
Eastman Chemical Co.		4,776		353,424
Eastman Kodak Co.*		16,476		69,199
Eaton Corp.		11,406		940,881
eBay, Inc.*		79,443		1,938,409
Ecolab, Inc.		15,848		804,128
Edison International		23,405		804,898
El Paso Corp.		50,456		624,645
Electronic Arts, Inc.*		23,732		389,917
Eli Lilly and Co.		69,841		2,551,292
EMC Corp.*		141,585		2,875,591
Emerson Electric Co.		52,225		2,750,168
Entergy Corp.		12,919		988,691
EOG Resources, Inc.		17,398		1,617,492
EQT Corp.		10,716		386,419
Equifax, Inc.		9,621		300,175
Equity Residential (REIT)		19,273		916,817
Estee Lauder Cos., Inc., Class A		7,915		500,465
Exelon Corp.		45,388		1,932,621
Expedia, Inc.		13,898		392,063
Expeditors International of Washington, Inc.		15,448		714,161
Express Scripts, Inc.*		37,679		1,834,967
Exxon Mobil Corp.		353,038		21,814,218
Family Dollar Stores, Inc.		8,979		396,513
Fastenal Co.		9,933		528,336
Federated Investors, Inc., Class B		5,498		125,134

See Notes to Portfolio of Investments.

302

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
	Number of Shares		Value (Note 1)
FedEx Corp.		21,635	$	1,849,792
Fidelity National Information Services, Inc.		17,703		480,282
Fifth Third Bancorp		56,007		673,764
First Horizon National Corp.*		17,840		203,551
First Solar, Inc.*		3,631		535,028
FirstEnergy Corp.		21,895		843,833
Fiserv, Inc.*		11,063		595,411
FLIR Systems, Inc.*		11,390		292,723
Flowserve Corp.		4,085		446,981
Fluor Corp.		12,064		597,530
FMC Corp.		5,500		376,255
FMC Technologies, Inc.*		8,800		600,952
Ford Motor Co.*		237,205		2,903,389
Forest Laboratories, Inc.*		20,399		630,941
Fortune Brands, Inc.		11,017		542,367
Franklin Resources, Inc.		10,158		1,085,890
Freeport-McMoRan Copper & Gold, Inc.		32,733		2,795,071
Frontier Communications Corp.		66,634		544,400
GameStop Corp., Class A*		10,005		197,199
Gannett Co., Inc.		17,691		216,361
Gap, Inc.		31,304		583,507
General Dynamics Corp.		26,863		1,687,265
General Electric Co.		740,349		12,030,671
General Mills, Inc.		44,528		1,627,053
Genuine Parts Co.		10,928		487,280
Genworth Financial, Inc., Class A*		34,980		427,456
Genzyme Corp.*		17,669		1,250,788
Gilead Sciences, Inc.*		58,079		2,068,193
Goldman Sachs Group, Inc.		35,903		5,190,856
Goodrich Corp.		8,461		623,830
Goodyear Tire & Rubber Co.*		15,737		169,173
Google, Inc., Class A*		17,205		9,046,217
H&R Block, Inc.		22,256		288,215
H.J. Heinz Co.		21,793		1,032,334
Halliburton Co.		62,988		2,083,013
Harley-Davidson, Inc.		15,761		448,243
Harman International Industries, Inc.*		5,330		178,075
Harris Corp.		9,566		423,678
Hartford Financial Services Group, Inc.		30,165		692,287
Hasbro, Inc.		9,358		416,525
HCP, Inc. (REIT)		21,471		772,527
Health Care REIT, Inc.		8,770		415,172
Helmerich & Payne, Inc.		6,974		282,168
Hershey Co.		10,789		513,448
Hess Corp.		19,969		1,180,567
Hewlett-Packard Co.		157,233		6,614,792
Home Depot, Inc.		116,253		3,682,895
Honeywell International, Inc.		53,198		2,337,520
Hormel Foods Corp.		4,467		199,228
Hospira, Inc.*		11,817		673,687
Host Hotels & Resorts, Inc. (REIT)		46,300		670,424
Hudson City Bancorp, Inc.		35,298		432,753
Humana, Inc.*		11,485		577,006
Huntington Bancshares, Inc./Ohio		47,221		267,743
Illinois Tool Works, Inc.		34,594		1,626,610
Integrys Energy Group, Inc.		6,030		313,922
Intel Corp.		385,257		7,408,492
IntercontinentalExchange, Inc.*		5,236		548,314
International Business Machines Corp.		87,450		11,730,543
International Flavors & Fragrances, Inc.		6,190	$	300,339
International Game Technology		19,848		286,804
International Paper Co.		29,660		645,105
Interpublic Group of Cos., Inc.*		36,070		361,782
Intuit, Inc.*		19,601		858,720
Intuitive Surgical, Inc.*		2,669		757,302
Invesco Ltd.		31,595		670,762
Iron Mountain, Inc.		13,568		303,109
ITT Corp.		12,402		580,786
J.C. Penney Co., Inc.		15,817		429,906
J.M. Smucker Co.		8,702		526,732
Jabil Circuit, Inc.		14,760		212,692
Jacobs Engineering Group, Inc.*		9,061		350,661
Janus Capital Group, Inc.		14,595		159,815
JDS Uniphase Corp.*		17,436		216,032
Johnson & Johnson		190,750		11,818,870
Johnson Controls, Inc.		46,077		1,405,348
JPMorgan Chase & Co.		275,145		10,474,770
Juniper Networks, Inc.*		35,850		1,088,047
Kellogg Co.		17,780		898,068
KeyCorp		59,124		470,627
Kimberly-Clark Corp.		28,434		1,849,632
Kimco Realty Corp. (REIT)		29,713		467,980
King Pharmaceuticals, Inc.*		19,482		194,041
KLA-Tencor Corp.		11,285		397,571
Kohl’s Corp.*		21,047		1,108,756
Kraft Foods, Inc., Class A		120,559		3,720,451
Kroger Co.		44,017		953,408
L-3 Communications Holdings, Inc.		8,302		599,986
Laboratory Corp. of America Holdings*		7,019		550,500
Legg Mason, Inc.		11,872		359,840
Leggett & Platt, Inc.		11,366		258,690
Lennar Corp., Class A		10,589		162,859
Leucadia National Corp.*		14,119		333,491
Lexmark International, Inc., Class A*		5,047		225,197
Life Technologies Corp.*		12,359		577,042
Limited Brands, Inc.		18,110		484,986
Lincoln National Corp.		21,515		514,639
Linear Technology Corp.		15,021		461,595
Lockheed Martin Corp.		20,610		1,469,081
Loews Corp.		22,039		835,278
Lorillard, Inc.		10,389		834,341
Lowe’s Cos., Inc.		97,295		2,168,706
LSI Corp.*		49,044		223,641
M&T Bank Corp.		6,081		497,487
Macy’s, Inc.		28,555		659,335
Marathon Oil Corp.		48,690		1,611,639
Marriott International, Inc., Class A		19,457		697,144
Marsh & McLennan Cos., Inc.		37,771		911,037
Marshall & Ilsley Corp.		38,706		272,490
Masco Corp.		23,681		260,728
Massey Energy Co.		6,673		206,996
Mastercard, Inc., Class A		6,702		1,501,248
Mattel, Inc.		24,606		577,257
McAfee, Inc.*		10,361		489,661
McCormick & Co., Inc. (Non-Voting)		8,874		373,063
McDonald’s Corp.		73,795		5,498,465
McGraw-Hill Cos., Inc.		21,813		721,138
McKesson Corp.		18,586		1,148,243
Mead Johnson Nutrition Co.		91,293		5,195,485
MeadWestvaco Corp.		12,745		310,723
Medco Health Solutions, Inc.*		30,043		1,564,039
Medtronic, Inc.		74,873		2,514,235

See Notes to Portfolio of Investments.

303

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
MEMC Electronic Materials, Inc.*		17,540	$	209,077
Merck & Co., Inc.		213,382		7,854,591
Meredith Corp.		2,396		79,811
MetLife, Inc.		62,498		2,403,048
MetroPCS Communications, Inc.*		20,700		216,522
Microchip Technology, Inc.		12,352		388,470
Micron Technology, Inc.*		60,784		438,253
Microsoft Corp.		527,445		12,917,128
Molex, Inc.		10,602		221,900
Molson Coors Brewing Co., Class B		11,517		543,833
Monsanto Co.		37,490		1,796,896
Monster Worldwide, Inc.*		8,010		103,810
Moody’s Corp.		13,532		338,029
Morgan Stanley		96,228		2,374,907
Motorola, Inc.*		161,542		1,377,953
Murphy Oil Corp.		13,652		845,332
Mylan, Inc.*		20,564		386,809
NASDAQ OMX Group, Inc.*		11,326		220,064
National Oilwell Varco, Inc.		28,632		1,273,265
National Semiconductor Corp.		15,478		197,654
NetApp, Inc.*		24,455		1,217,614
NetEase.com, Inc. (ADR)*		32,700		1,289,688
New York Times Co., Class A*		10,449		80,875
Newell Rubbermaid, Inc.		18,393		327,579
Newmont Mining Corp.		33,930		2,131,143
News Corp., Class A		157,026		2,050,760
NextEra Energy, Inc.		28,618		1,556,533
Nicor, Inc.		3,866		177,140
NIKE, Inc., Class B		27,144		2,175,320
NiSource, Inc.		21,311		370,811
Noble Energy, Inc.		11,871		891,393
Nordstrom, Inc.		11,163		415,264
Norfolk Southern Corp.		25,374		1,510,007
Northeast Utilities		12,213		361,138
Northern Trust Corp.		16,461		794,079
Northrop Grumman Corp.		20,400		1,236,852
Novell, Inc.*		28,039		167,393
Novellus Systems, Inc.*		6,131		162,962
NRG Energy, Inc.*		17,238		358,895
Nucor Corp.		21,473		820,269
NVIDIA Corp.*		38,372		448,185
NYSE Euronext		17,576		502,146
Occidental Petroleum Corp.		56,143		4,395,997
Office Depot, Inc.*		22,694		104,392
Omnicom Group, Inc.		20,878		824,263
Oneok, Inc.		8,000		360,320
Oracle Corp.		268,339		7,204,902
O’Reilly Automotive, Inc.*		9,274		493,377
Owens-Illinois, Inc.*		12,241		343,482
PACCAR, Inc.		25,566		1,231,003
Pactiv Corp.*		10,166		335,275
Pall Corp.		8,888		370,096
Parker Hannifin Corp.		10,913		764,565
Patterson Cos., Inc.		7,495		214,732
Paychex, Inc.		23,246		639,033
Peabody Energy Corp.		18,257		894,776
People’s United Financial, Inc.		24,940		326,465
Pepco Holdings, Inc.		14,552		270,667
PepsiCo, Inc.		110,307		7,328,797
PerkinElmer, Inc.		9,405		217,632
Pfizer, Inc.		557,634		9,574,576
PG&E Corp.		26,764		1,215,621
Philip Morris International, Inc.		127,081		7,119,078
Pinnacle West Capital Corp.		7,951		328,138
Pioneer Natural Resources Co.		7,823		508,730
Pitney Bowes, Inc.		15,589	$	333,293
Plum Creek Timber Co., Inc. (REIT)		10,889		384,382
PNC Financial Services Group, Inc.		36,193		1,878,779
Polo Ralph Lauren Corp.		4,388		394,306
PPG Industries, Inc.		11,297		822,422
PPL Corp.		32,913		896,221
Praxair, Inc.		21,003		1,895,731
Precision Castparts Corp.		10,012		1,275,028
priceline.com, Inc.*		3,310		1,153,005
Principal Financial Group, Inc.		22,601		585,818
Procter & Gamble Co.		196,804		11,802,336
Progress Energy, Inc.		19,946		886,001
Progressive Corp.		47,780		997,169
ProLogis (REIT)		34,411		405,362
Prudential Financial, Inc.		32,224		1,745,896
Public Service Enterprise Group, Inc.		35,801		1,184,297
Public Storage (REIT)		9,648		936,242
Pulte Group, Inc.*		21,656		189,707
QEP Resources, Inc.		11,830		356,556
QLogic Corp.*		8,448		149,023
QUALCOMM, Inc.		111,295		5,021,630
Quanta Services, Inc.*		15,500		295,740
Quest Diagnostics, Inc.		10,192		514,390
Qwest Communications International, Inc.		118,129		740,669
R.R. Donnelley & Sons Co.		15,374		260,743
RadioShack Corp.		8,022		171,109
Range Resources Corp.		10,750		409,897
Raytheon Co.		26,110		1,193,488
Red Hat, Inc.*		13,800		565,800
Regions Financial Corp.		80,520		585,380
Republic Services, Inc.		21,244		647,730
Reynolds American, Inc.		12,250		727,527
Robert Half International, Inc.		11,190		290,940
Rockwell Automation, Inc.		10,285		634,893
Rockwell Collins, Inc.		11,358		661,603
Roper Industries, Inc.		6,296		410,373
Ross Stores, Inc.		8,229		449,468
Rowan Cos., Inc.*		7,336		222,721
Ryder System, Inc.		4,171		178,394
Safeway, Inc.		26,218		554,773
SAIC, Inc.*		19,658		314,135
Salesforce.com, Inc.*		7,978		891,940
SanDisk Corp.*		15,880		582,002
Sara Lee Corp.		45,377		609,413
SCANA Corp.		8,661		349,212
Schlumberger Ltd.		94,582		5,827,197
Scripps Networks Interactive, Inc., Class A		6,781		322,640
Sealed Air Corp.		12,253		275,447
Sears Holdings Corp.*		3,070		221,470
Sempra Energy		17,664		950,323
Sherwin-Williams Co.		6,193		465,342
Sigma-Aldrich Corp.		8,961		541,065
Simon Property Group, Inc. (REIT)		20,104		1,864,445
SLM Corp.*		35,264		407,299
Snap-On, Inc.		4,666		217,016
Sohu.com, Inc.*		25,200		1,452,024
Southern Co.		57,195		2,129,942
Southern Copper Corp.		61,730		2,167,958
Southwest Airlines Co.		50,334		657,865
Southwestern Energy Co.*		23,644		790,655
Spectra Energy Corp.		46,049		1,038,405
Sprint Nextel Corp.*		208,994		967,642
St. Jude Medical, Inc.*		22,239		874,882

See Notes to Portfolio of Investments.

304

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Stanley Black & Decker, Inc.		11,240	$	688,787
Staples, Inc.		49,892		1,043,741
Starbucks Corp.		51,072		1,306,422
Starwood Hotels & Resorts Worldwide, Inc.		12,826		674,006
State Street Corp.		34,358		1,293,922
Stericycle, Inc.*		5,702		396,175
Stryker Corp.		23,362		1,169,268
Sunoco, Inc.		7,919		289,043
SunTrust Banks, Inc.		34,058		879,718
SUPERVALU, Inc.		13,737		158,388
Symantec Corp.*		54,345		824,414
Synthes, Inc.		3,472		401,383
Sysco Corp.		40,492		1,154,832
T. Rowe Price Group, Inc.		18,342		918,292
Target Corp.		50,021		2,673,122
TECO Energy, Inc.		14,007		242,601
Tellabs, Inc.		24,902		185,520
Tenet Healthcare Corp.*		33,743		159,267
Teradata Corp.*		12,163		469,005
Teradyne, Inc.*		11,227		125,069
Tesoro Corp.		8,734		116,686
Texas Instruments, Inc.		82,868		2,249,038
Textron, Inc.		18,191		374,007
Thermo Fisher Scientific, Inc.*		28,145		1,347,583
Tiffany & Co.		9,148		429,864
Time Warner Cable, Inc.		24,761		1,336,846
Time Warner, Inc.		78,477		2,405,320
Titanium Metals Corp.*		7,125		142,215
TJX Cos., Inc.		27,978		1,248,658
Torchmark Corp.		5,604		297,797
Total System Services, Inc.		11,497		175,214
Travelers Cos., Inc.		32,560		1,696,376
Tyson Foods, Inc., Class A		22,095		353,962
U.S. Bancorp		132,109		2,856,197
Union Pacific Corp.		34,854		2,851,057
United Parcel Service, Inc., Class B		68,503		4,568,465
United States Steel Corp.		9,637		422,486
United Technologies Corp.		64,402		4,587,354
UnitedHealth Group, Inc.		78,224		2,746,445
Unum Group		24,146		534,834
Urban Outfitters, Inc.*		9,400		295,536
Valero Energy Corp.		38,348		671,473
Varian Medical Systems, Inc.*		8,948		541,354
Ventas, Inc. (REIT)		10,567		544,940
VeriSign, Inc.*		12,073		383,197
Verizon Communications, Inc.		195,569		6,373,594
VF Corp.		5,991		485,391
Viacom, Inc., Class B		42,507		1,538,328
Visa, Inc., Class A		34,240		2,542,662
Vornado Realty Trust (REIT)		11,077		947,416
Vulcan Materials Co.		8,534		315,075
W.W. Grainger, Inc.		4,154		494,783
Walgreen Co.		68,375		2,290,562
Wal-Mart Stores, Inc.		138,676		7,421,940
Walt Disney Co.		132,610		4,390,717
Washington Post Co., Class B		493		196,909
Waste Management, Inc.		33,103		1,183,101
Waters Corp.*		6,805		481,658
Watson Pharmaceuticals, Inc.*		8,024		339,495
WellPoint, Inc.*		27,681		1,567,852
Wells Fargo & Co.		362,289		9,104,323
Western Digital Corp.*		15,452		438,682
Western Union Co.		45,769		808,738
Weyerhaeuser Co.		36,802		580,000
Whirlpool Corp.		5,059	$	409,577
Whole Foods Market, Inc.*		10,131		375,961
Williams Cos., Inc.		41,474		792,568
Windstream Corp.		34,694		426,389
Wisconsin Energy Corp.		8,716		503,785
Wyndham Worldwide Corp.		13,106		360,022
Wynn Resorts Ltd.		5,059		438,969
Xcel Energy, Inc.		33,013		758,309
Xerox Corp.		93,937		972,248
Xilinx, Inc.		18,412		489,943
Yahoo!, Inc.*		92,437		1,309,832
Yum! Brands, Inc.		32,026		1,475,118
Zimmer Holdings, Inc.*		14,053		735,393
Zions Bancorp		11,305		241,475

				722,779,128

Total Common Stocks (78.4%) (Cost $1,496,645,689)				1,929,719,993


	Number of Rights		Value (Note 1)
RIGHTS:
Cyprus (0.0%)
Bank of Cyprus Public Co., Ltd., expiring 10/21/10*		39,853		24,448

France (0.0%)
Cie Generale des Etablissements Michelin, expiring 10/13/10*		10,084		28,154

Germany (0.0%)
Deutsche Bank AG, expiring 10/5/10*		41,321		199,975

Greece (0.0%)
National Bank of Greece S.A., expiring 10/11/10*		83,626		58,142

Russia (0.0%)
RusHydro OJSC, expiring 9/30/10*†		3,001,238		153,663

Total Rights (0.0%) (Cost $110,481)				464,382


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Short-Term Investment (9.0%)
BlackRock Liquidity Funds TempFund
0.23% ‡
(Amortized Cost $222,295,537)	$	222,295,537	$	222,295,537

Total Investments (87.4%) (Cost $1,719,051,707)				2,152,479,912
Other Assets Less Liabilities (12.6%)				309,393,717

Net Assets (100%)			$	2,461,873,629

See Notes to Portfolio of Investments.

305

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

*	Non-income producing.

†	Securities (totaling $153,663 or 0.0% of net assets) at fair value by management.

‡	Affiliated company as defined under the Investment Company Act of 1940.

(b)

Illiquid Security.

(m)

Glossary:

ADR — American Depositary Receipt

CDI—Chess Depositary Interest

CVA— Dutch Certification

FDR—Finnish Depositary Receipt

GDR—Global Depositary Receipt

NVDR—Non-Voting Depositary Receipt

PPS —Price Protected Share

REIT —Real Estate Investment Trust

RNC—Risparmio Non-Convertible Savings Shares

SDR—Swedish Certification

Market Sector Diversification

As a Percentage of Total Net Assets


Consumer Discretionary	7.7	%
Consumer Staples	9 .8
Energy	7 .2
Financials	17.3
Health Care	6 .4
Industrials	7 .6
Information Technology	8 .9
Materials	5 .1
Telecommunication Services	5 .4
Utilities	3 .0
Cash and Other	21.6

	100.0	%

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	—	$	675,620,679	$	453,325,142	$	222,295,537	$	177,296	$	—
China High Speed Transmission Equipment Group Co., Ltd.		—		1,724,424		58,379		1,610,455		—		(870	)

	$	—	$	677,345,103	$	453,383,521	$	223,905,992	$	177,296	$	(870	)

See Notes to Portfolio of Investments.

306

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchases
DJ EURO Stoxx 50 Index		3,034		December-10	$	115,186,385	$	113,246,432	$	(1,939,953	)
E-Mini MSCI EAFE Index		98		December-10		7,513,435		7,627,340		113,905
FTSE 100 Index		797		December-10		69,463,615		69,229,744		(233,871	)
S&P 500 E-Mini Index		4,322		December-10		237,333,375		245,640,870		8,307,495
SPI 200 Index		256		December-10		28,880,299		28,455,232		(425,067	)
TOPIX Index		612		December-10		59,578,966		60,591,519		1,012,553

									$	6,835,062

At September 30, 2010, the Portfolio had outstanding foreign currency contracts to buy/sell foreign currencies as follows: (Note 1)


	Counterparty		Local Contract Buy Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Buy Contracts
European Union Euro vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		10,600	$	14,442,606	$	13,806,712	$	635,894
European Union Euro vs. U.S. Dollar, expiring 12/17/10		HSBC Bank plc		671		914,593		900,000		14,593

									$	650,487

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	81,606,977	$	115,722,408	$	—	$	197,329,385
Consumer Staples		108,094,745		115,932,344		—		224,027,089
Energy		96,665,282		74,159,508		—		170,824,790
Financials		140,886,019		282,136,125		—		423,022,144
Health Care		84,746,797		69,903,474		—		154,650,271
Industrials		78,804,892		117,999,418		—		196,804,310
Information Technology		139,346,001		81,374,378		—		220,720,379
Materials		39,411,538		106,633,205		—		146,044,743
Telecommunication Services		40,463,926		86,606,196		—		127,070,122
Utilities		26,394,815		42,831,945		—		69,226,760
Forward Currency Contracts		—		650,487		—		650,487
Futures		9,433,953		—		—		9,433,953

See Notes to Portfolio of Investments.

307

EQ ADVISORS TRUST

EQ/GLOBAL MULTI-SECTOR EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


Investment Type	Level 1 Quoted prices in active markets for identical securities			Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Rights
Consumer Discretionary	$	—		$	28,154	$	—	$	28,154
Financials		—			282,565		—		282,565
Utilities		—			—		153,663		153,663
Short-Term Investments		—			222,295,537		—		222,295,537

Total Assets	$	845,854,945		$	1,316,555,744	$	153,663	$	2,162,564,352

Liabilities:
Futures	$	(2,598,891	)	$	—	$	—	$	(2,598,891	)

Total Liabilities	$	(2,598,891	)	$	—	$	—	$	(2,598,891	)

Total	$	843,256,054		$	1,316,555,744	$	153,663	$	2,159,965,461

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities-Industrials			Investments in Securities- Telecommunication Services			Investments in Securities-Utilities
Balance as of 12/31/09	$	16,724		$	614,908		$	—
Total gains or losses (realized/unrealized) included in earnings		(162	)		15,374			43,182
Purchases, sales, issuances, and settlements (net)		(16,562	)		(630,282	)		110,481
Transfers into Level 3		—			—			—
Transfers out of Level 3		—			—			—

Balance as of 9/30/10	$	—		$	—		$	153,663

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	—		$	—		$	43,182

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	316,842,692
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	790,248,705

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	413,422,580
Aggregate gross unrealized depreciation		(27,943,461	)

Net unrealized appreciation	$	385,479,119

Federal income tax cost of investments	$	1,767,000,793

See Notes to Portfolio of Investments.

308

EQ ADVISORS TRUST

EQ/INTERMEDIATE GOVERNMENT BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
LONG-TERM DEBT SECURITIES:
Corporate Bonds (3.3%)
Financials (3.1%)
*Capital Markets (0.3%)*
Goldman Sachs Group, Inc.
2.150%, 3/15/12	$	500,000	$	512,017
3.250%, 6/15/12		2,000,000		2,090,968
Morgan Stanley
3.250%, 12/1/11		1,500,000		1,549,034
2.250%, 3/13/12		500,000		512,798
1.950%, 6/20/12		1,200,000		1,229,328

				5,894,145

*Commercial Banks (0.9%)*
Ally Financial, Inc.
1.750%, 10/30/12		1,000,000		1,023,163
2.200%, 12/19/12		2,000,000		2,067,588
American Express Bank FSB
3.150%, 12/9/11		1,700,000		1,752,790
Citibank N.A.
1.875%, 5/7/12		500,000		510,431
1.875%, 6/4/12		1,500,000		1,532,241
HSBC USA, Inc.
3.125%, 12/16/11		1,450,000		1,496,873
KeyBank N.A.
3.200%, 6/15/12		650,000		679,468
PNC Funding Corp.
2.300%, 6/22/12		1,300,000		1,339,160
Regions Bank/Alabama
3.250%, 12/9/11		1,300,000		1,342,206
Sovereign Bank
2.750%, 1/17/12		550,000		566,325
SunTrust Banks, Inc./Georgia
3.000%, 11/16/11		1,000,000		1,027,422
U.S. Bancorp
1.800%, 5/15/12		1,680,000		1,715,072
Wells Fargo & Co.
3.000%, 12/9/11		1,320,000		1,359,617
2.125%, 6/15/12		1,000,000		1,027,739

				17,440,095

*Diversified Financial Services (1.7%)*
Bank of America Corp.
2.100%, 4/30/12		2,400,000		2,459,131
3.125%, 6/15/12		3,000,000		3,125,982
2.375%, 6/22/12		1,000,000		1,031,748
Citigroup Funding, Inc.
2.125%, 7/12/12		245,000		251,831
1.875%, 10/22/12		1,800,000		1,845,932
2.250%, 12/10/12		2,000,000		2,068,838
Citigroup, Inc.
2.875%, 12/9/11		1,500,000		1,543,359
2.125%, 4/30/12		3,800,000		3,896,315
General Electric Capital Corp.
3.000%, 12/9/11		2,100,000		2,163,783
2.250%, 3/12/12		1,000,000		1,025,511
2.200%, 6/8/12		2,350,000		2,415,889
2.125%, 12/21/12		1,010,000		1,042,160
2.625%, 12/28/12		1,000,000		1,042,654
John Deere Capital Corp.
2.875%, 6/19/12		1,050,000		1,091,368
JPMorgan Chase & Co.
3.125%, 12/1/11		2,000,000		2,061,792
2.200%, 6/15/12		975,000		1,002,608
2.125%, 6/22/12		1,200,000		1,233,402
2.125%, 12/26/12	$	950,000	$	981,038
Private Export Funding Corp.
5.685%, 5/15/12		450,000		487,822
4.550%, 5/15/15		600,000		679,517
4.950%, 11/15/15		200,000		231,633
4.375%, 3/15/19		300,000		337,561

				32,019,874

*Thrifts & Mortgage Finance (0.2%)*
Santander Holdings USA, Inc.
2.500%, 6/15/12		400,000		413,348
U.S. Central Federal Credit Union
1.250%, 10/19/11		1,000,000		1,008,544
1.900%, 10/19/12		500,000		512,869
Western Corporate Federal Credit Union
1.750%, 11/2/12		700,000		715,802

				2,650,563

Total Financials				58,004,677

Utilities (0.2%)
*Independent Power Producers & Energy Traders (0.2%)*
Tennessee Valley Authority
4.750%, 8/1/13		1,500,000		1,661,088
5.500%, 7/18/17		2,000,000		2,410,096

Total Utilities				4,071,184

Total Corporate Bonds				62,075,861

Government Securities (69.3%)
*Agency ABS (4.6%)*
Federal Farm Credit Bank
0.875%, 12/9/11	$	250,000		251,426
1.050%, 12/23/11		250,000		250,430
1.110%, 6/14/12		400,000		401,932
0.790%, 9/27/12		200,000		200,109
1.625%, 12/24/12		250,000		255,216
1.750%, 2/21/13		900,000		919,696
1.375%, 6/25/13		500,000		508,823
2.375%, 4/28/14		200,000		201,989
2.620%, 6/15/15		200,000		202,843
Federal Home Loan Bank
1.250%, 10/19/11		250,000		250,089
1.000%, 12/28/11		1,500,000		1,511,256
1.625%, 4/27/12		250,000		250,180
1.125%, 5/18/12		2,000,000		2,020,958
0.875%, 7/20/12		500,000		500,122
0.700%, 8/10/12		300,000		300,013
1.750%, 8/22/12		1,000,000		1,022,801
1.900%, 10/15/12		250,000		250,134
1.750%, 12/14/12		1,000,000		1,023,620
0.850%, 12/21/12		200,000		200,032
1.850%, 12/21/12		500,000		501,241
1.500%, 1/16/13		1,500,000		1,529,187
1.625%, 3/20/13		1,800,000		1,841,071
1.000%, 5/24/13		200,000		200,010
1.875%, 6/21/13		2,000,000		2,060,848
1.125%, 8/16/13		400,000		400,027
3.125%, 12/13/13		1,000,000		1,067,687
Federal Home Loan Mortgage Corp.
1.200%, 11/10/11		250,000		250,171
0.900%, 12/23/11		100,000		100,119
1.375%, 1/25/12		100,000		100,278
1.125%, 4/25/12		500,000		505,233
1.000%, 7/26/12		500,000		500,758

See Notes to Portfolio of Investments.

309

EQ ADVISORS TRUST

EQ/INTERMEDIATE GOVERNMENT BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
1.000%, 8/28/12	$	2,000,000	$	2,018,164
1.600%, 10/15/12		200,000		200,091
2.000%, 11/5/12		1,000,000		1,001,358
1.700%, 12/17/12		500,000		501,192
1.250%, 12/28/12		500,000		500,762
1.375%, 1/9/13		1,500,000		1,525,016
1.750%, 1/28/13		200,000		200,852
1.800%, 2/25/13		125,000		125,594
1.875%, 3/8/13		500,000		502,626
1.550%, 3/15/13		200,000		200,376
1.625%, 4/15/13		3,000,000		3,068,010
2.000%, 5/3/13		300,000		300,378
2.000%, 5/8/13		200,000		201,001
1.875%, 5/10/13		200,000		200,308
4.000%, 6/12/13		1,000,000		1,083,255
1.550%, 7/8/13		500,000		500,085
1.500%, 7/12/13		500,000		502,736
1.300%, 7/26/13		500,000		500,984
1.500%, 7/26/13		1,000,000		1,002,444
1.150%, 8/23/13		100,000		100,137
1.400%, 11/18/13		100,000		100,615
1.625%, 1/21/14		100,000		100,858
5.000%, 1/30/14		1,000,000		1,128,919
1.450%, 2/24/14		200,000		200,672
1.350%, 3/28/14		400,000		401,088
2.875%, 2/9/15		2,000,000		2,129,196
3.000%, 3/10/15		100,000		101,076
3.000%, 3/17/15		500,000		506,198
3.000%, 4/15/15		100,000		101,310
3.000%, 5/18/15		200,000		200,655
3.000%, 5/26/15		150,000		150,541
2.750%, 7/7/15		200,000		200,923
2.375%, 7/28/15		100,000		100,587
2.250%, 8/12/15		200,000		202,506
2.250%, 8/18/15		200,000		200,408
2.000%, 8/25/15		100,000		100,375
2.125%, 8/25/15		200,000		200,940
Federal National Mortgage Association
5.000%, 10/15/11		1,000,000		1,048,189
0.875%, 1/12/12		1,500,000		1,508,274
1.000%, 4/4/12		2,000,000		2,016,442
1.250%, 4/5/12		300,000		300,027
1.300%, 5/25/12		1,000,000		1,004,066
1.100%, 6/28/12		1,000,000		1,001,348
1.000%, 7/27/12		500,000		500,172
1.125%, 7/30/12		4,000,000		4,043,808
0.800%, 8/16/12		400,000		400,339
0.850%, 8/17/12		200,000		200,243
1.600%, 11/5/12		200,000		200,221
1.625%, 11/5/12		200,000		200,210
1.000%, 11/19/12		100,000		100,069
1.750%, 12/28/12		500,000		501,436
2.050%, 1/28/13		600,000		602,337
1.800%, 2/8/13		300,000		303,086
4.750%, 2/21/13		1,000,000		1,094,909
1.750%, 2/22/13		2,000,000		2,050,896
1.800%, 3/15/13		600,000		603,128
1.850%, 3/25/13		450,000		452,516
1.100%, 4/29/13		200,000		200,567
1.875%, 5/6/13		600,000		604,432
1.750%, 5/7/13		1,600,000		1,642,442
2.000%, 5/10/13		800,000		801,151
2.000%, 6/24/13		700,000		705,921
1.500%, 6/26/13		1,100,000		1,121,497
1.625%, 7/12/13		200,000		200,051
1.375%, 7/19/13	$	1,000,000	$	1,005,079
1.500%, 7/26/13		800,000		800,401
1.300%, 8/9/13		100,000		100,226
1.250%, 8/16/13		200,000		200,445
1.350%, 8/16/13		200,000		200,485
2.020%, 8/20/13		100,000		100,779
1.250%, 8/23/13		800,000		801,305
1.000%, 9/23/13		2,000,000		2,007,930
1.200%, 9/27/13		600,000		601,566
1.125%, 10/8/13		400,000		400,198
1.000%, 10/15/13		200,000		199,483
2.000%, 11/26/13		200,000		200,420
1.500%, 2/4/14		100,000		100,352
1.350%, 2/24/14		200,000		200,451
2.500%, 4/29/14		200,000		200,260
1.550%, 8/12/14		200,000		200,271
1.750%, 8/18/14		100,000		100,967
3.125%, 11/10/14		1,000,000		1,003,181
2.625%, 12/10/14		250,000		251,080
2.875%, 12/10/14		450,000		452,097
2.750%, 12/29/14		100,000		100,547
3.125%, 1/21/15		150,000		151,082
2.000%, 2/5/15		100,000		100,135
3.125%, 5/19/15		200,000		200,666
2.000%, 8/5/15		400,000		404,390
2.125%, 8/5/15		200,000		202,380
2.150%, 8/12/15		400,000		400,613
2.000%, 8/24/15		400,000		402,937
2.000%, 9/21/15		400,000		401,452
2.000%, 9/30/15		1,000,000		999,397
1.875%, 10/15/15		200,000		199,882
2.600%, 1/27/16		200,000		200,265
2.000%, 3/28/16		200,000		200,448
2.250%, 3/28/16		200,000		200,629
2.350%, 9/23/16		200,000		201,326
4.000%, 1/20/17		2,000,000		2,020,434
6.000%, 3/9/20		250,000		262,249
4.300%, 3/30/20		200,000		203,520
Financing Corp. Fico
9.400%, 2/8/18		1,000,000		1,465,905
9.650%, 11/2/18		2,090,000		3,159,491
8.600%, 9/26/19		410,000		592,614

				84,545,650

*U.S. Government Agencies (10.6%)*
Federal Farm Credit Bank
1.125%, 10/3/11		1,500,000		1,510,418
2.000%, 1/17/12		1,500,000		1,530,493
2.250%, 4/24/12		1,000,000		1,026,775
2.125%, 6/18/12		1,000,000		1,026,989
1.875%, 12/7/12		1,000,000		1,026,098
3.875%, 10/7/13		1,000,000		1,090,607
2.625%, 4/17/14		2,000,000		2,108,072
4.875%, 1/17/17		1,500,000		1,742,943
Federal Home Loan Bank
4.875%, 11/18/11		1,000,000		1,050,431
2.250%, 4/13/12		5,000,000		5,136,755
1.875%, 6/20/12		1,500,000		1,535,293
1.625%, 9/26/12		1,500,000		1,531,570
2.000%, 10/5/12		1,000,000		1,000,184
1.875%, 11/19/12		1,000,000		1,002,027
1.625%, 11/21/12		1,000,000		1,021,743
3.375%, 2/27/13		4,800,000		5,108,659
3.625%, 5/29/13		4,000,000		4,308,052
5.125%, 8/14/13		1,000,000		1,123,980

See Notes to Portfolio of Investments.

310

EQ ADVISORS TRUST

EQ/INTERMEDIATE GOVERNMENT BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
	Principal Amount		Value (Note 1)
2.500%, 10/15/13	$	500,000	$	500,341
3.625%, 10/18/13		4,800,000		5,208,902
5.250%, 6/18/14		2,000,000		2,304,662
5.375%, 5/18/16		6,500,000		7,758,641
4.875%, 5/17/17		2,900,000		3,397,953
5.000%, 11/17/17		3,700,000		4,382,839
Federal Home Loan Mortgage Corp.
1.125%, 12/15/11		2,650,000		2,673,672
4.750%, 3/5/12		4,700,000		4,988,975
2.125%, 3/23/12		8,500,000		8,708,735
2.000%, 4/27/12		500,000		504,215
1.750%, 6/15/12		5,300,000		5,414,029
2.500%, 4/8/13		1,500,000		1,515,891
3.500%, 5/29/13		5,000,000		5,363,165
4.125%, 9/27/13		7,200,000		7,897,190
3.250%, 3/18/14		500,000		506,111
2.750%, 4/29/14		1,000,000		1,013,254
5.000%, 7/15/14		5,000,000		5,700,800
3.000%, 7/28/14		2,135,000		2,283,453
3.000%, 12/30/14		1,000,000		1,006,860
4.750%, 11/17/15		6,000,000		6,935,394
5.500%, 7/18/16		900,000		1,082,864
5.125%, 10/18/16		3,500,000		4,131,677
5.000%, 2/16/17		1,000,000		1,174,381
5.125%, 11/17/17		2,000,000		2,373,224
4.875%, 6/13/18		3,500,000		4,111,961
Federal National Mortgage Association
1.000%, 11/23/11		3,110,000		3,132,980
2.000%, 1/9/12		4,645,000		4,739,163
2.250%, 2/24/12		250,000		251,746
2.375%, 3/23/12		250,000		251,860
1.875%, 4/20/12		350,000		357,642
1.750%, 8/10/12		1,000,000		1,022,536
1.875%, 10/29/12		1,000,000		1,000,940
4.750%, 11/19/12		5,000,000		5,438,375
1.750%, 12/28/12		250,000		251,898
3.625%, 2/12/13		9,700,000		10,371,977
3.875%, 7/12/13		3,000,000		3,256,707
2.750%, 2/5/14		5,500,000		5,819,611
3.150%, 2/18/14		500,000		504,419
2.750%, 3/13/14		8,000,000		8,472,768
2.900%, 4/7/14		250,000		252,966
3.000%, 7/28/14		2,500,000		2,545,480
3.000%, 9/29/14		1,000,000		1,023,437
3.000%, 10/29/14		500,000		500,998
2.625%, 11/20/14		2,000,000		2,108,590
5.250%, 9/15/16		505,000		598,679
4.875%, 12/15/16		5,000,000		5,834,765
5.000%, 2/13/17		2,900,000		3,404,391
5.000%, 5/11/17		4,400,000		5,181,669
(Zero Coupon), 6/1/17		1,500,000		1,265,413
5.375%, 6/12/17		2,410,000		2,895,979

				195,305,267

*U.S. Treasuries (54.1%)*
U.S. Treasury Bonds
11.250%, 2/15/15		2,800,000		4,017,782
10.625%, 8/15/15		1,300,000		1,878,703
9.875%, 11/15/15		1,900,000		2,706,461
9.250%, 2/15/16		1,400,000		1,971,047
7.250%, 5/15/16		5,000,000		6,556,640
7.500%, 11/15/16		4,000,000		5,355,936
8.750%, 5/15/17		3,400,000		4,881,920
8.875%, 8/15/17		2,500,000		3,634,960
9.000%, 11/15/18		2,500,000		3,790,235
8.875%, 2/15/19	$	4,000,000	$	6,045,936
8.125%, 8/15/19		3,000,000		4,388,202
3.625%, 2/15/20		10,000,000		10,967,970
U.S. Treasury Notes
1.000%, 10/31/11		10,000,000		10,074,610
1.750%, 11/15/11		10,000,000		10,160,160
0.750%, 11/30/11		10,000,000		10,050,390
4.500%, 11/30/11		4,000,000		4,194,064
1.125%, 12/15/11		5,000,000		5,048,240
1.000%, 12/31/11		8,000,000		8,067,504
4.625%, 12/31/11		4,400,000		4,636,843
1.125%, 1/15/12		11,500,000		11,618,588
0.875%, 1/31/12		18,000,000		18,129,384
1.375%, 2/15/12		10,000,000		10,143,360
4.875%, 2/15/12		9,000,000		9,560,394
0.875%, 2/29/12		10,000,000		10,076,200
4.625%, 2/29/12		4,000,000		4,242,188
1.375%, 3/15/12		5,000,000		5,076,955
1.000%, 3/31/12		14,000,000		14,138,320
4.500%, 3/31/12		5,000,000		5,312,695
1.000%, 4/30/12		13,000,000		13,131,040
4.500%, 4/30/12		2,000,000		2,131,562
1.375%, 5/15/12		12,000,000		12,194,532
4.750%, 5/31/12		4,000,000		4,290,936
1.875%, 6/15/12		11,140,000		11,425,897
0.625%, 7/31/12		3,000,000		3,012,540
4.625%, 7/31/12		3,000,000		3,233,790
1.750%, 8/15/12		13,000,000		13,326,521
1.375%, 9/15/12		10,000,000		10,183,980
0.375%, 9/30/12		8,000,000		7,991,248
4.250%, 9/30/12		5,000,000		5,381,640
1.375%, 10/15/12		9,000,000		9,168,750
3.875%, 10/31/12		4,500,000		4,824,140
1.375%, 11/15/12		18,000,000		18,347,346
4.000%, 11/15/12		6,800,000		7,318,500
1.125%, 12/15/12		10,000,000		10,140,620
3.625%, 12/31/12		3,500,000		3,748,007
1.375%, 1/15/13		15,000,000		15,296,490
1.375%, 2/15/13		8,000,000		8,160,624
3.875%, 2/15/13		2,000,000		2,161,876
2.750%, 2/28/13		6,000,000		6,326,718
1.375%, 3/15/13		9,000,000		9,184,950
2.500%, 3/31/13		4,400,000		4,618,970
1.750%, 4/15/13		11,000,000		11,332,530
3.625%, 5/15/13		2,000,000		2,164,062
3.500%, 5/31/13		8,000,000		8,632,496
3.375%, 6/30/13		3,000,000		3,230,625
1.000%, 7/15/13		3,000,000		3,032,820
3.375%, 7/31/13		3,500,000		3,776,717
4.250%, 8/15/13		5,800,000		6,405,827
3.125%, 8/31/13		11,000,000		11,797,500
3.125%, 9/30/13		4,400,000		4,723,127
2.750%, 10/31/13		6,000,000		6,380,628
2.000%, 11/30/13		10,000,000		10,409,380
1.750%, 1/31/14		5,000,000		5,163,280
4.000%, 2/15/14		10,000,000		11,083,590
1.875%, 2/28/14		16,000,000		16,586,256
1.750%, 3/31/14		5,000,000		5,162,500
1.875%, 4/30/14		16,000,000		16,591,248
4.750%, 5/15/14		9,000,000		10,271,250
2.250%, 5/31/14		5,000,000		5,253,905
2.625%, 6/30/14		12,800,000		13,626,995
2.625%, 7/31/14		8,000,000		8,516,248
4.250%, 8/15/14		1,000,000		1,127,578
2.375%, 8/31/14		10,000,000		10,550,780

See Notes to Portfolio of Investments.

311

EQ ADVISORS TRUST

EQ/INTERMEDIATE GOVERNMENT BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
2.375%, 9/30/14	$	16,000,000	$	16,887,504
2.375%, 10/31/14		20,000,000		21,109,380
4.250%, 11/15/14		1,800,000		2,040,610
2.125%, 11/30/14		10,000,000		10,451,560
2.625%, 12/31/14		15,000,000		15,978,510
2.250%, 1/31/15		15,000,000		15,740,625
4.000%, 2/15/15		9,000,000		10,120,077
2.375%, 2/28/15		8,000,000		8,438,720
2.500%, 3/31/15		6,000,000		6,362,340
4.125%, 5/15/15		5,600,000		6,346,810
1.875%, 6/30/15		3,000,000		3,091,407
1.750%, 7/31/15		3,000,000		3,072,180
4.250%, 8/15/15		8,000,000		9,143,128
1.250%, 9/30/15		13,000,000		12,979,694
4.500%, 2/15/16		4,000,000		4,641,248
2.625%, 2/29/16		9,000,000		9,564,606
2.375%, 3/31/16		10,000,000		10,485,160
2.625%, 4/30/16		8,000,000		8,485,624
5.125%, 5/15/16		5,000,000		5,987,500
3.250%, 5/31/16		4,000,000		4,378,752
3.250%, 6/30/16		5,000,000		5,474,610
4.875%, 8/15/16		1,000,000		1,187,109
3.125%, 10/31/16		10,000,000		10,853,910
4.625%, 11/15/16		9,500,000		11,161,018
2.750%, 11/30/16		19,000,000		20,187,500
3.250%, 12/31/16		9,000,000		9,821,952
3.125%, 1/31/17		10,000,000		10,835,940
4.625%, 2/15/17		2,300,000		2,703,579
3.250%, 3/31/17		10,000,000		10,906,250
3.125%, 4/30/17		5,000,000		5,410,545
4.500%, 5/15/17		6,900,000		8,064,913
2.375%, 7/31/17		2,000,000		2,065,000
4.750%, 8/15/17		5,000,000		5,936,330
1.875%, 9/30/17		2,000,000		1,995,000
4.250%, 11/15/17		7,000,000		8,099,763
3.500%, 2/15/18		10,000,000		11,043,750
3.875%, 5/15/18		10,000,000		11,290,620
4.000%, 8/15/18		5,500,000		6,254,534
3.750%, 11/15/18		15,000,000		16,757,820
2.750%, 2/15/19		11,000,000		11,411,642
3.125%, 5/15/19		20,500,000		21,782,849
3.625%, 8/15/19		20,000,000		21,993,760
3.375%, 11/15/19		17,000,000		18,313,522
3.500%, 5/15/20		15,000,000		16,282,050
2.625%, 8/15/20		9,000,000		9,084,375

				1,002,369,482

Total Government Securities				1,282,220,399

Total Long-Term Debt Securities (72.6%) (Cost $1,296,086,885)				1,344,296,260


	Number of Shares		Value (Note 1)
INVESTMENT COMPANIES:
*Exchange Traded Funds (ETFs)(27.0%)*
iShares Barclays 1-3 Year Treasury Bond Fund		2,353,000		198,522,610
iShares Barclays 3-7 Year Treasury Bond Fund		1,855,000		219,335,200
iShares Barclays 7-10 Year Treasury Bond Fund		834,000		82,574,340

Total Investment Companies (27.0%%) (Cost $489,737,180)				500,432,150


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (1.9%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $34,943,350)	$	34,943,350	$	34,943,350

Total Investments (101.5%) (Cost/Amortized Cost $1,820,767,415)			$	1,879,671,760
Other Assets Less Liabilities (-1.5%)				(28,501,108	)

Net Assets (100%)			$	1,851,170,652

See Notes to Portfolio of Investments.

312

EQ ADVISORS TRUST

EQ/INTERMEDIATE GOVERNMENT BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Corporate Bonds
Financials	$	—	$	58,004,677	$	—	$	58,004,677
Utilities		—		4,071,184		—		4,071,184
Government Securities
Agency ABS		—		84,545,650		—		84,545,650
U.S. Government Agencies		—		195,305,267		—		195,305,267
U.S. Treasuries		—		1,002,369,482		—		1,002,369,482
Investment Companies
Exchange Traded Funds (ETFs)		500,432,150		—		—		500,432,150
Short-Term Investments		—		34,943,350		—		34,943,350

Total Assets	$	500,432,150	$	1,379,239,610	$	—	$	1,879,671,760

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	500,432,150	$	1,379,239,610	$	—	$	1,879,671,760

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities-Government
Balance as of 12/31/09	$	794,260
Total gains or losses (realized/unrealized) included in earnings		132,769
Purchases, sales, issuances, and settlements (net)		(927,029	)
Transfers into Level 3		—
Transfers out of Level 3		—

Balance as of 9/30/10	$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	—

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	261,382,734
Long-term U.S. Treasury securities		525,417,796

	$	786,800,530


Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	283,727,638
Long-term U.S. Treasury securities		494,681,630

	$	778,409,268

See Notes to Portfolio of Investments.

313

EQ ADVISORS TRUST

EQ/INTERMEDIATE GOVERNMENT BOND INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	58,914,620
Aggregate gross unrealized depreciation		(2,559,756	)

Net unrealized appreciation	$	56,354,864

Federal income tax cost of investments	$	1,823,316,896

See Notes to Portfolio of Investments.

314

EQ ADVISORS TRUST

EQ/INTERNATIONAL CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Australia (5.1%)
AGL Energy Ltd.		25,637	$	400,684
Alumina Ltd.		110,520		193,350
Amcor Ltd.		58,443		367,737
AMP Ltd.		112,165		553,991
Aristocrat Leisure Ltd.		26,818		91,501
Asciano Group*		158,907		253,426
ASX Ltd.		7,925		249,483
Australia & New Zealand Banking Group Ltd.		128,875		2,949,679
AXA Asia Pacific Holdings Ltd.		59,169		293,956
Bendigo and Adelaide Bank Ltd.		21,403		189,287
BGP Holdings plc(b)*†		1,044,151		—
BHP Billiton Ltd.		725,715		27,293,024
BHP Billiton Ltd. (ADR)		48,363		3,691,064
Billabong International Ltd.		13,102		100,930
BlueScope Steel Ltd.		103,891		220,915
Boral Ltd.		43,226		192,606
Brambles Ltd.		68,860		417,310
Caltex Australia Ltd.		10,072		116,724
CFS Retail Property Trust (REIT)		112,521		206,095
Coca-Cola Amatil Ltd.		29,027		336,111
Cochlear Ltd.		3,385		229,842
Commonwealth Bank of Australia		79,246		3,919,377
Computershare Ltd.		22,977		216,532
Crown Ltd.		25,666		208,135
CSL Ltd.		28,310		904,348
CSR Ltd.		87,125		151,579
Dexus Property Group (REIT)		294,293		243,204
Energy Resources of Australia Ltd.		5,225		67,168
Fairfax Media Ltd.		128,923		182,554
Fortescue Metals Group Ltd.*		58,909		296,650
Foster’s Group Ltd.		94,275		558,575
Goodman Fielder Ltd.		62,378		78,680
Goodman Group (REIT)		349,576		217,934
GPT Group (REIT)		88,394		251,185
Harvey Norman Holdings Ltd.		24,687		89,957
Incitec Pivot Ltd.		75,164		260,813
Insurance Australia Group Ltd.		108,441		381,522
Intoll Group		141,359		203,579
Leighton Holdings Ltd.		6,818		217,863
Lend Lease Group		29,826		219,383
MacArthur Coal Ltd.		2,817		31,938
Macquarie Group Ltd.		16,694		585,238
MAp Group		30,540		86,194
Metcash Ltd.		48,239		203,753
Mirvac Group (REIT)		152,283		195,762
National Australia Bank Ltd.		107,768		2,639,494
Newcrest Mining Ltd.		37,724		1,446,453
OneSteel Ltd.		60,635		171,718
Orica Ltd.		17,495		434,751
Origin Energy Ltd.		43,516		666,657
OZ Minerals Ltd.		186,170		261,816
Paladin Energy Ltd.*		40,664		141,101
Qantas Airways Ltd.*		45,133		121,709
QBE Insurance Group Ltd.		51,704		862,560
Rio Tinto Ltd.		22,175		1,645,430
Santos Ltd.		40,815		505,351
Sims Metal Management Ltd.		9,593		163,560
Sonic Healthcare Ltd.		16,700		177,555
SP AusNet		70,119		58,285
Stockland Corp., Ltd. (REIT)		116,234		431,409
Suncorp-Metway Ltd.		62,223		541,275
TABCORP Holdings Ltd.		36,718	$	248,428
Tatts Group Ltd.		76,995		177,863
Telstra Corp., Ltd.		207,878		526,422
Toll Holdings Ltd.		30,322		193,431
Transurban Group		73,586		353,489
Wesfarmers Ltd.		50,949		1,619,660
Wesfarmers Ltd. (PPS)		6,891		220,396
Westfield Group (REIT)		107,971		1,279,446
Westpac Banking Corp.		151,800		3,409,826
Woodside Petroleum Ltd.		27,595		1,170,365
Woolworths Ltd.		63,288		1,764,172
WorleyParsons Ltd.		7,541		162,175

				69,514,435

Austria (0.1%)
Erste Group Bank AG		9,364		374,922
Immofinaz AG*		36,099		134,545
OMV AG		7,064		264,440
Raiffeisen International Bank Holding AG		3,412		159,078
Telekom Austria AG		16,255		244,642
Verbund AG, Class A		4,021		144,167
Vienna Insurance Group AG		2,753		147,982
Voestalpine AG		6,348		233,829

				1,703,605

Belgium (0.4%)
Ageas		110,148		315,335
Anheuser-Busch InBev N.V.		36,231		2,131,261
Anheuser-Busch InBev N.V. (VVPR)* .		25,608		105
Belgacom S.A.		7,365		287,204
Cie Nationale a Portefeuille		1,832		95,528
Colruyt S.A.		820		216,754
Delhaize Group S.A.		4,988		361,754
Dexia S.A.*		34,216		150,757
Groupe Bruxelles Lambert S.A.		4,226		352,118
KBC Groep N.V.*		8,021		359,804
Mobistar S.A.		1,636		100,184
Solvay S.A.		2,845		303,488
UCB S.A.		5,475		189,692
Umicore S.A.		6,927		299,445

				5,163,429

Bermuda (0.9%)
Nabors Industries Ltd.*		99,359		1,794,424
PartnerReinsurance Ltd.		121,478		9,740,106
Seadrill Ltd.		14,308		413,342

				11,947,872

Brazil (2.1%)
Petroleo Brasileiro S.A. (ADR)		150,312		5,451,816
Vale S.A. (ADR)		734,511		22,968,159

				28,419,975

Canada (10.8%)
Agrium, Inc. (When Issued)		286,915		21,515,756
Brookfield Asset Management, Inc., Class A		99,134		2,812,432
Canadian National Railway Co.		342,226		21,909,308
Canadian Natural Resources Ltd. (New York Exchange)		379,552		13,132,499
Canadian Natural Resources Ltd. (Toronto Exchange)		73,184		2,531,459
Canadian Pacific Railway Ltd. (New York Exchange)		224,835		13,699,197
Canadian Pacific Railway Ltd. (Toronto Exchange)		103,807		6,342,024
Cenovus Energy, Inc.		176,600		5,080,362

See Notes to Portfolio of Investments.

315

EQ ADVISORS TRUST

EQ/INTERNATIONAL CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
EnCana Corp.		163,700	$	4,948,150
Ensign Energy Services, Inc.		15,370		188,670
Finning International, Inc.		171,922		3,996,865
Manulife Financial Corp.		112,082		1,415,023
Potash Corp. of Saskatchewan, Inc.		207,163		29,741,096
Suncor Energy, Inc.		558,641		18,184,820
Talisman Energy, Inc. (New York Exchange)		75,000		1,311,750
Talisman Energy, Inc. (Toronto Exchange)		118,836		2,078,966

				148,888,377

China (0.0%)
Foxconn International Holdings Ltd.*		136,558		100,322
Yangzijiang Shipbuilding Holdings Ltd.		59,652		79,832

				180,154

Cyprus (0.0%)
Bank of Cyprus Public Co., Ltd.		34,663		174,841

Denmark (0.4%)
A. P. Moller - Maersk A/S, Class A		29		235,796
A. P. Moller - Maersk A/S, Class B		66		551,730
Carlsberg A/S, Class B		5,354		558,239
Coloplast A/S, Class B		1,197		143,089
Danske Bank A/S*		22,891		552,302
DSV A/S		9,368		191,240
Novo Nordisk A/S, Class B		22,821		2,264,651
Novozymes A/S, Class B		2,463		313,349
Tryg A/S		1,324		79,607
Vestas Wind Systems A/S*		10,358		390,310
William Demant Holding A/S*		1,235		91,132

				5,371,445

Finland (0.4%)
Elisa Oyj*		8,845		203,176
Fortum Oyj		22,376		585,373
Kesko Oyj, Class B		4,358		204,491
Kone Oyj, Class B		7,455		385,179
Metso Oyj		5,836		267,478
Neste Oil Oyj		7,253		113,313
Nokia Oyj		188,635		1,895,245
Nokian Renkaat Oyj		6,666		228,912
Orion Oyj, Class B		5,219		104,232
Outokumpu Oyj		6,440		127,915
Pohjola Bank plc		10,379		126,281
Rautaruukki Oyj		5,584		115,404
Sampo Oyj, Class A		20,971		566,342
Sanoma Oyj		4,295		90,872
Stora Enso Oyj, Class R		27,399		270,800
UPM-Kymmene Oyj		25,256		432,788
Wartsila Oyj		4,042		263,776

				5,981,577

France (3.7%)
Accor S.A.		7,185		262,358
Aeroports de Paris S.A.		1,988		162,175
Air France-KLM*		7,194		110,331
Air Liquide S.A.		14,003		1,708,327
Alcatel-Lucent*		114,836		386,679
Alstom S.A.		9,733		496,508
Atos Origin S.A.*		3,046		137,696
AXA S.A.		85,918		1,502,163
bioMerieux S.A.		773		80,099
BNP Paribas S.A.		48,178		3,426,456
Bouygues S.A.		11,183		479,996
Bureau Veritas S.A.		3,162		220,789
Cap Gemini S.A.		7,142		358,297
Carrefour S.A.		31,138	$	1,673,123
Casino Guichard Perrachon S.A.		2,989		273,660
Christian Dior S.A.		3,431		448,461
Cie de Saint-Gobain S.A.		18,830		837,612
Cie Generale de Geophysique-Veritas*		8,606		188,887
Cie Generale des Etablissements Michelin, Class B		7,410		563,775
Cie Generale d’Optique Essilor International S.A.		10,171		699,798
CNP Assurances S.A.		8,164		151,640
Credit Agricole S.A.		44,925		702,162
Danone S.A.		29,007		1,734,984
Dassault Systemes S.A.		3,467		255,036
Edenred*		7,185		142,321
EDF S.A.		12,562		541,840
Eiffage S.A.		2,758		131,143
Eramet S.A.		371		109,625
Eurazeo S.A.		2,024		135,822
Eutelsat Communications S.A.		5,410		206,505
Fonciere des Regions (REIT)		1,555		165,709
France Telecom S.A.		92,886		2,007,035
GDF Suez S.A.		63,046		2,256,980
Gecina S.A. (REIT)		1,296		153,709
Groupe Eurotunnel S.A. (Registered)		28,262		240,300
Hermes International S.A.		2,855		651,923
ICADE (REIT)		1,469		154,321
Iliad S.A.		1,213		126,386
Imerys S.A.		2,350		140,768
Ipsen S.A.		2,027		67,190
J.C. Decaux S.A.*		4,646		122,651
Klepierre S.A. (REIT)		5,823		224,572
Lafarge S.A.		10,125		579,722
Lagardere S.C.A.		6,399		249,970
Legrand S.A.		6,601		223,261
L’Oreal S.A.		11,887		1,336,584
LVMH Moet Hennessy Louis Vuitton S.A.		12,184		1,787,219
Metropole Television S.A.		4,644		109,209
Natixis S.A.*		51,166		292,959
Neopost S.A.		2,060		153,305
PagesJaunes Groupe S.A.		9,232		96,669
Pernod-Ricard S.A.		10,129		845,762
Peugeot S.A.*		8,327		279,992
PPR S.A.		3,802		615,490
Publicis Groupe S.A.		5,584		265,216
Renault S.A.*		9,245		475,710
Safran S.A.		6,855		192,695
Sanofi-Aventis S.A.		53,535		3,566,975
Schneider Electric S.A.		11,921		1,511,534
SCOR SE		8,973		214,435
Societe BIC S.A.		1,838		147,558
Societe Generale S.A.		31,804		1,831,825
Societe Television Francaise 1 S.A.		7,902		123,021
Sodexo S.A.		4,499		291,943
Suez Environnement Co. S.A.		14,452		266,958
Technip S.A.		5,087		409,087
Thales S.A.		4,911		179,491
Total S.A.		107,590		5,544,937
Unibail-Rodamco S.A. (REIT)		4,464		989,814
Vallourec S.A.		5,447		541,105
Veolia Environnement		15,963		420,433
Vinci S.A.		21,739		1,089,704

See Notes to Portfolio of Investments.

316

EQ ADVISORS TRUST

EQ/INTERNATIONAL CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Vivendi S.A.		61,300	$	1,675,523

				50,747,918

Germany (3.3%)
Adidas AG		10,577		654,771
Allianz SE (Registered)		22,893		2,587,216
BASF SE		93,472		5,894,076
Bayer AG		41,739		2,910,470
Bayerische Motoren Werke (BMW) AG		16,994		1,191,714
Bayerische Motoren Werke (BMW) AG (Preference)		3,578		166,891
Beiersdorf AG		5,253		321,536
Celesio AG		4,404		95,820
Commerzbank AG*		34,834		288,724
Continental AG*		2,115		164,375
Daimler AG (Registered)*		45,475		2,880,232
Deutsche Bank AG (Registered)		31,602		1,729,504
Deutsche Boerse AG		9,532		636,016
Deutsche Lufthansa AG (Registered)*		12,191		224,112
Deutsche Post AG (Registered)		43,006		780,045
Deutsche Postbank AG*		5,446		185,347
Deutsche Telekom AG (Registered)		141,841		1,940,415
E.ON AG		93,216		2,748,669
Fraport AG		2,593		157,692
Fresenius Medical Care AG & Co. KGaA		9,627		594,583
Fresenius SE		1,970		157,699
Fresenius SE (Preference)		4,353		351,544
GEA Group AG		9,830		245,703
Hannover Rueckversicherung AG (Registered)		3,355		154,317
HeidelbergCement AG		7,076		340,999
Henkel AG & Co. KGaA		7,018		317,777
Henkel AG & Co. KGaA (Preference)		9,397		504,732
Hochtief AG		2,622		227,049
Infineon Technologies AG*		57,864		400,805
K+S AG		7,846		469,717
Linde AG		8,230		1,071,242
MAN SE		5,279		575,440
Merck KGaA		3,441		289,056
Metro AG		5,956		387,707
Muenchener Rueckversicherungs- Gesellschaft AG (Registered)		9,879		1,368,303
Porsche Automobil Holding SE (Preference)		5,098		252,453
Puma AG Rudolf Dassler Sport		380		125,364
RWE AG		46,568		3,145,624
RWE AG (Preference)		2,503		159,538
Salzgitter AG		2,499		161,872
SAP AG		43,113		2,132,607
Siemens AG (Registered)		41,896		4,422,393
Suedzucker AG		3,922		87,712
ThyssenKrupp AG		16,776		547,048
TUI AG*		9,529		116,589
United Internet AG (Registered)		8,527		137,866
Volkswagen AG		1,455		160,329
Volkswagen AG (Preference)		8,802		1,062,300
Wacker Chemie AG		1,036		191,158

				45,717,151

Greece (0.1%)
Alpha Bank AE*		21,494		134,788
Coca Cola Hellenic Bottling Co. S.A.		10,805		285,171
EFG Eurobank Ergasias S.A.*		13,912		83,828
Hellenic Telecommunications Organization S.A.		15,071	$	108,481
National Bank of Greece S.A.*		30,780		300,859
OPAP S.A.		10,354		163,735
Piraeus Bank S.A.*		19,552		96,755
Public Power Corp. S.A.		4,929		76,803

				1,250,420

Hong Kong (1.0%)
ASM Pacific Technology Ltd.		13,107		116,899
Bank of East Asia Ltd.		85,780		363,182
BOC Hong Kong Holdings Ltd.		182,043		577,181
Cathay Pacific Airways Ltd.		69,575		188,759
Cheung Kong Holdings Ltd.		70,899		1,074,608
Cheung Kong Infrastructure Holdings Ltd.		32,340		128,379
CLP Holdings Ltd.		100,564		802,946
Esprit Holdings Ltd.		56,757		307,967
Hang Lung Group Ltd.		43,739		285,529
Hang Lung Properties Ltd.		101,438		495,499
Hang Seng Bank Ltd.		38,174		561,379
Henderson Land Development Co., Ltd.		52,190		371,640
Hong Kong & China Gas Co., Ltd.		213,928		541,517
Hong Kong Exchanges and Clearing Ltd.		52,127		1,026,570
Hongkong Electric Holdings Ltd.		67,996		413,207
Hopewell Holdings Ltd.		26,851		86,863
Hutchison Whampoa Ltd.		108,571		1,013,106
Hysan Development Co., Ltd.		44,459		159,297
Kerry Properties Ltd.		38,232		207,942
Li & Fung Ltd.		113,519		638,639
Lifestyle International Holdings Ltd.		43,741		108,016
Link REIT (REIT)		117,686		348,863
Mongolia Energy Co., Ltd.*		212,379		88,139
MTR Corp.		66,529		251,664
New World Development Ltd.		149,780		301,921
Noble Group Ltd.		142,979		205,483
NWS Holdings Ltd.		58,810		115,363
Orient Overseas International Ltd.		14,952		119,287
PCCW Ltd.		201,585		73,007
Shangri-La Asia Ltd.		82,332		187,397
Sino Land Co., Ltd.		74,038		153,251
Sun Hung Kai Properties Ltd.		72,278		1,248,284
Swire Pacific Ltd., Class A		37,831		521,229
Television Broadcasts Ltd.		14,392		82,173
Wharf Holdings Ltd.		67,573		434,587
Wheelock & Co., Ltd.		58,116		194,373
Wing Hang Bank Ltd.		11,856		142,186
Yue Yuen Industrial Holdings Ltd.		39,199		145,250

				14,081,582

Ireland (0.2%)
Anglo Irish Bank Corp., Ltd.*†		67,703		—
Bank of Ireland*		174,402		147,407
CRH plc		35,310		579,562
Elan Corp. plc*		29,790		167,562
Experian plc		53,091		577,967
James Hardie Industries SE (CDI)*		26,169		141,644
Kerry Group plc, Class A		8,279		290,454
Shire plc		29,028		653,905

				2,558,501

Israel (0.3%)
Bank Hapoalim B.M.*		52,841		241,835
Bank Leumi Le-Israel B.M.*		62,260		289,216

See Notes to Portfolio of Investments.

317

EQ ADVISORS TRUST

EQ/INTERNATIONAL CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Bezeq Israeli Telecommunication Corp., Ltd.		90,146	$	224,721
Cellcom Israel Ltd.		906		27,659
Delek Group Ltd.		233		63,969
Elbit Systems Ltd.		444		23,660
Israel Chemicals Ltd.		24,703		348,463
Israel Corp., Ltd.*		132		126,115
Israel Discount Bank Ltd., Class A*		12,999		25,785
Makhteshim-Agan Industries Ltd.*		6,407		23,746
Mizrahi Tefahot Bank Ltd.		2,915		27,010
NICE Systems Ltd.*		2,765		85,173
Partner Communications Co., Ltd.		1,696		31,430
Teva Pharmaceutical Industries Ltd.		47,486		2,578,720

				4,117,502

Italy (1.5%)
A2A S.p.A.		78,065		119,725
Assicurazioni Generali S.p.A.		57,614		1,160,070
Atlantia S.p.A.		12,732		263,825
Autogrill S.p.A.*		8,560		107,359
Banca Carige S.p.A.		36,766		85,607
Banca Monte dei Paschi di Siena S.p.A.*		106,148		147,022
Banca Popolare di Milano S.c.a.r.l.		23,781		113,468
Banco Popolare S.c.a.r.l.		38,445		230,080
Enel S.p.A.		330,267		1,760,425
ENI S.p.A.		131,861		2,845,593
Exor S.p.A.		4,044		93,721
Fiat S.p.A.		38,340		591,662
Finmeccanica S.p.A.		22,062		262,112
Intesa Sanpaolo S.p.A. (BATS Europe Exchange)		51,955		133,793
Intesa Sanpaolo S.p.A. (XetraIntlMkt Exchange)		387,052		1,257,123
Luxottica Group S.p.A.		6,176		168,894
Mediaset S.p.A.		37,729		267,457
Mediobanca S.p.A.*		21,613		200,944
Mediolanum S.p.A.		17,155		76,299
Parmalat S.p.A.		78,366		201,059
Pirelli & C. S.p.A.		12,119		98,632
Prysmian S.p.A.		6,216		113,551
Saipem S.p.A.		172,447		6,906,896
Snam Rete Gas S.p.A.		69,146		350,188
Telecom Italia S.p.A.		486,707		680,091
Telecom Italia S.p.A. (RNC)		326,484		367,858
Terna Rete Elettrica Nazionale S.p.A.		70,609		300,083
UniCredit S.p.A.		691,154		1,764,770
Unione di Banche Italiane S.c.p.A.		33,577		325,452

				20,993,759

Japan (8.2%)
77 Bank Ltd.		23,459		118,869
ABC-Mart, Inc.		2,140		65,882
Acom Co., Ltd.		3,576		54,103
Advantest Corp.		7,298		145,208
Aeon Co., Ltd.		30,652		328,991
Aeon Credit Service Co., Ltd.		6,138		66,100
Aeon Mall Co., Ltd.		3,062		74,423
Air Water, Inc.		10,000		118,831
Aisin Seiki Co., Ltd.		9,138		285,043
Ajinomoto Co., Inc.		31,168		305,034
Alfresa Holdings Corp.		2,566		109,427
All Nippon Airways Co., Ltd.*		32,302		119,565
Amada Co., Ltd.		21,148		144,905
Aozora Bank Ltd.		26,918		39,661
Asahi Breweries Ltd.		18,487		369,829
Asahi Glass Co., Ltd.		49,752	$	507,175
Asahi Kasei Corp.		61,078		336,558
Asics Corp.		10,948		111,605
Astellas Pharma, Inc.		22,830		824,538
Bank of Kyoto Ltd.		20,082		162,860
Bank of Yokohama Ltd.		57,700		269,562
Benesse Holdings, Inc.		3,274		157,660
Bridgestone Corp.		31,664		576,916
Brother Industries Ltd.		13,715		169,384
Canon Marketing Japan, Inc.		2,562		35,263
Canon, Inc.		57,130		2,665,565
Casio Computer Co., Ltd.		15,527		115,132
Central Japan Railway Co.		75		551,629
Chiba Bank Ltd.		34,672		202,267
Chiyoda Corp.		11,000		89,998
Chubu Electric Power Co., Inc.		33,354		824,261
Chugai Pharmaceutical Co., Ltd.		10,047		184,620
Chugoku Bank Ltd.		9,511		115,640
Chugoku Electric Power Co., Inc.		16,162		318,865
Chuo Mitsui Trust Holdings, Inc.		39,871		132,298
Citizen Holdings Co., Ltd.		17,552		105,337
Coca-Cola West Co., Ltd.		2,048		34,542
Cosmo Oil Co., Ltd.		42,222		110,259
Credit Saison Co., Ltd.		9,416		125,878
Dai Nippon Printing Co., Ltd.		27,162		331,553
Daicel Chemical Industries Ltd.		14,955		100,679
Daido Steel Co., Ltd.		20,519		99,793
Daihatsu Motor Co., Ltd.		10,200		136,481
Dai-ichi Life Insurance Co., Ltd.		411		496,272
Daiichi Sankyo Co., Ltd.		33,487		681,132
Daikin Industries Ltd.		11,423		429,662
Dainippon Sumitomo Pharma Co., Ltd.		8,292		69,431
Daito Trust Construction Co., Ltd.		3,538		211,483
Daiwa House Industry Co., Ltd.		23,658		238,054
Daiwa Securities Group, Inc.		80,476		324,873
DeNA Co., Ltd.		3,600		113,373
Denki Kagaku Kogyo KK		31,718		136,401
Denso Corp.		24,412		723,763
Dentsu, Inc.		7,591		175,862
Dowa Holdings Co., Ltd.		14,392		85,683
East Japan Railway Co.		17,320		1,045,673
Eisai Co., Ltd.		12,254		428,479
Electric Power Development Co., Ltd.		4,503		135,392
Elpida Memory, Inc.*		8,239		94,747
FamilyMart Co., Ltd.		2,204		79,020
Fanuc Ltd.		9,744		1,240,761
Fast Retailing Co., Ltd.		2,516		354,434
Fuji Electric Holdings Co., Ltd.		21,288		55,847
Fuji Heavy Industries Ltd.		25,480		162,379
Fuji Media Holdings, Inc.		39		49,661
Fujifilm Holdings Corp.		23,368		773,988
Fujitsu Ltd.		92,742		651,016
Fukuoka Financial Group, Inc.		46,983		187,977
Furukawa Electric Co., Ltd.		27,288		102,641
GS Yuasa Corp.		15,963		112,246
Gunma Bank Ltd.		20,274		106,130
Hachijuni Bank Ltd.		23,088		120,584
Hakuhodo DY Holdings, Inc.		986		47,717
Hamamatsu Photonics KK		3,400		110,903
Hankyu Hanshin Holdings, Inc.		60,448		290,365
Hino Motors Ltd.		18,830		90,902
Hirose Electric Co., Ltd.		1,866		187,986
Hiroshima Bank Ltd.		26,280		107,034
Hisamitsu Pharmaceutical Co., Inc.		3,667		149,790
Hitachi Chemical Co., Ltd.		6,488		121,087

See Notes to Portfolio of Investments.

318

EQ ADVISORS TRUST

EQ/INTERNATIONAL CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Hitachi Construction Machinery Co., Ltd.		4,451	$	96,239
Hitachi High-Technologies Corp.		5,018		92,570
Hitachi Ltd.		226,211		989,063
Hitachi Metals Ltd.		11,386		134,073
Hokkaido Electric Power Co., Inc.		9,968		198,453
Hokuhoku Financial Group, Inc.		63,952		117,210
Hokuriku Electric Power Co.		8,738		199,504
Honda Motor Co., Ltd.		85,504		3,034,839
HOYA Corp.		20,502		499,779
Ibiden Co., Ltd.		5,934		150,625
Idemitsu Kosan Co., Ltd.		1,490		127,796
IHI Corp.		82,834		158,762
INPEX Corp.		110		517,849
Isetan Mitsukoshi Holdings Ltd.		20,948		217,560
Isuzu Motors Ltd.		54,138		208,822
Ito En Ltd.		2,711		44,523
ITOCHU Corp.		75,032		686,685
ITOCHU Techno-Solutions Corp.		2,334		76,216
Iyo Bank Ltd.		15,578		126,333
J. Front Retailing Co., Ltd.		30,068		139,751
Jafco Co., Ltd.		2,416		57,043
Japan Petroleum Exploration Co.		2,110		79,491
Japan Prime Realty Investment Corp. (REIT)		44		96,876
Japan Real Estate Investment Corp. (REIT)		29		263,668
Japan Retail Fund Investment Corp. (REIT)		104		146,382
Japan Steel Works Ltd.		15,022		141,439
Japan Tobacco, Inc.		227		755,670
JFE Holdings, Inc.		24,076		736,296
JGC Corp.		9,326		161,876
Joyo Bank Ltd.		41,480		180,866
JS Group Corp.		11,523		225,960
JSR Corp.		7,818		133,078
JTEKT Corp.		12,282		113,139
Jupiter Telecommunications Co., Ltd.		101		108,888
JX Holdings, Inc.		112,078		649,805
Kajima Corp.		55,739		134,206
Kamigumi Co., Ltd.		10,704		79,498
Kaneka Corp.		16,644		99,888
Kansai Electric Power Co., Inc.		38,623		937,815
Kansai Paint Co., Ltd.		12,452		106,054
Kao Corp.		26,967		657,054
Kawasaki Heavy Industries Ltd.		64,840		184,081
Kawasaki Kisen Kaisha Ltd.		29,162		109,689
KDDI Corp.		146		698,694
Keihin Electric Express Railway Co., Ltd.		26,466		255,846
Keio Corp.		31,347		215,539
Keisei Electric Railway Co., Ltd.		13,955		89,601
Keyence Corp.		2,049		445,734
Kikkoman Corp.		9,823		108,373
Kinden Corp.		7,696		69,511
Kintetsu Corp.		75,980		256,665
Kirin Holdings Co., Ltd.		41,991		596,063
Kobe Steel Ltd.		116,095		272,576
Koito Manufacturing Co., Ltd.		5,000		76,665
Komatsu Ltd.		48,172		1,118,320
Konami Corp.		5,188		91,604
Konica Minolta Holdings, Inc.		22,936		223,645
Kubota Corp.		56,508		517,155
Kuraray Co., Ltd.		15,992		201,911
Kurita Water Industries Ltd.		6,914		191,899
Kyocera Corp.		8,204	$	775,390
Kyowa Hakko Kirin Co., Ltd.		16,267		161,150
Kyushu Electric Power Co., Inc.		18,288		417,548
Lawson, Inc.		3,080		141,124
Mabuchi Motor Co., Ltd.		1,552		79,385
Makita Corp.		4,946		156,829
Marubeni Corp.		81,668		461,755
Marui Group Co., Ltd.		14,986		112,198
Maruichi Steel Tube Ltd.		2,816		53,972
Matsui Securities Co., Ltd.		9,064		50,705
Mazda Motor Corp.		71,679		172,586
McDonald’s Holdings Co. Japan Ltd.		4,080		98,237
Medipal Holdings Corp.		7,522		95,602
MEIJI Holdings Co., Ltd.		3,734		175,786
Minebea Co., Ltd.		19,711		101,530
Mitsubishi Chemical Holdings Corp.		57,359		291,330
Mitsubishi Corp.		67,684		1,606,157
Mitsubishi Electric Corp.		97,371		837,475
Mitsubishi Estate Co., Ltd.		60,011		976,221
Mitsubishi Gas Chemical Co., Inc.		24,711		143,565
Mitsubishi Heavy Industries Ltd.		151,256		558,060
Mitsubishi Logistics Corp.		8,008		96,023
Mitsubishi Materials Corp.*		68,819		197,850
Mitsubishi Motors Corp.*		204,218		266,648
Mitsubishi Tanabe Pharma Corp.		9,890		161,121
Mitsubishi UFJ Financial Group, Inc.		651,116		3,034,070
Mitsubishi UFJ Lease & Finance Co., Ltd.		3,740		131,491
Mitsui & Co., Ltd.		89,454		1,330,880
Mitsui Chemicals, Inc.		34,288		92,415
Mitsui Engineering & Shipbuilding Co., Ltd.		50,858		115,143
Mitsui Fudosan Co., Ltd.		42,427		715,587
Mitsui Mining & Smelting Co., Ltd.		41,162		117,845
Mitsui O.S.K. Lines Ltd.		56,575		355,796
Mitsumi Electric Co., Ltd.		4,800		73,598
Mizuho Financial Group, Inc.		1,028,637		1,503,279
Mizuho Securities Co., Ltd.		40,222		92,027
Mizuho Trust & Banking Co., Ltd.*		105,588		88,538
MS&AD Insurance Group Holdings, Inc.		27,198		624,564
Murata Manufacturing Co., Ltd.		10,671		562,439
Namco Bandai Holdings, Inc.		7,619		70,641
NEC Corp.		124,742		331,729
NGK Insulators Ltd.		12,267		203,813
NGK Spark Plug Co., Ltd.		8,948		119,728
NHK Spring Co., Ltd.		8,075		66,840
Nidec Corp.		5,446		484,060
Nikon Corp.		15,459		286,662
Nintendo Co., Ltd.		5,139		1,284,134
Nippon Building Fund, Inc. (REIT)		27		236,428
Nippon Electric Glass Co., Ltd.		16,022		218,412
Nippon Express Co., Ltd.		45,427		172,501
Nippon Meat Packers, Inc.		7,075		86,615
Nippon Paper Group, Inc.		5,930		148,392
Nippon Sheet Glass Co., Ltd.		37,414		81,569
Nippon Steel Corp.		257,567		876,246
Nippon Telegraph & Telephone Corp.		26,187		1,143,407
Nippon Yusen KK		71,442		292,683
Nishi-Nippon City Bank Ltd.		46,480		133,070
Nissan Chemical Industries Ltd.		8,696		98,023
Nissan Motor Co., Ltd.		126,648		1,105,970
Nissha Printing Co., Ltd.		1,200		27,269
Nisshin Seifun Group, Inc.		12,138		159,504
Nisshin Steel Co., Ltd.		31,672		56,530

See Notes to Portfolio of Investments.

319

EQ ADVISORS TRUST

EQ/INTERNATIONAL CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Nisshinbo Holdings, Inc.		9,134	$	91,581
Nissin Food Holdings Co., Ltd.		3,906		141,071
Nitori Holdings Co., Ltd.		1,575		131,690
Nitto Denko Corp.		7,911		309,408
NKSJ Holdings, Inc.*		69,619		436,995
NOK Corp.		7,264		126,433
Nomura Holdings, Inc.		174,208		843,077
Nomura Real Estate Holdings, Inc.		6,475		91,913
Nomura Real Estate Office Fund, Inc. (REIT)		12		66,627
Nomura Research Institute Ltd.		4,088		76,834
NSK Ltd.		24,970		169,298
NTN Corp.		31,214		134,608
NTT Data Corp.		58		183,352
NTT DoCoMo, Inc.		784		1,305,414
NTT Urban Development Corp.		86		72,319
Obayashi Corp.		40,666		161,729
Obic Co., Ltd.		508		96,026
Odakyu Electric Railway Co., Ltd.		36,103		333,871
OJI Paper Co., Ltd.		37,612		166,253
Olympus Corp.		10,452		273,695
Omron Corp.		11,344		257,645
Ono Pharmaceutical Co., Ltd.		4,475		194,857
Oracle Corp. Japan		2,640		125,707
Oriental Land Co., Ltd.		2,486		231,685
ORIX Corp.		5,241		400,546
Osaka Gas Co., Ltd.		92,868		334,850
Otsuka Corp.		1,239		82,224
Panasonic Corp.		101,086		1,369,529
Panasonic Electric Works Co., Ltd.		17,526		232,406
Rakuten, Inc.		343		251,046
Resona Holdings, Inc.		27,402		245,856
Ricoh Co., Ltd.		33,480		472,041
Rinnai Corp.		2,084		122,574
Rohm Co., Ltd.		4,726		291,554
Sankyo Co., Ltd.		2,198		116,377
Santen Pharmaceutical Co., Ltd.		4,131		143,061
Sanyo Electric Co., Ltd.*		83,483		138,005
Sapporo Hokuyo Holdings, Inc.		22,340		103,297
Sapporo Holdings Ltd.		12,704		59,502
SBI Holdings, Inc.		754		94,566
Secom Co., Ltd.		10,327		466,373
Sega Sammy Holdings, Inc.		8,075		123,427
Seiko Epson Corp.		8,522		129,137
Sekisui Chemical Co., Ltd.		27,214		164,627
Sekisui House Ltd.		24,970		224,335
Senshu Ikeda Holdings, Inc.		23,200		34,739
Seven & I Holdings Co., Ltd.		39,112		916,424
Seven Bank Ltd.		28		50,144
Sharp Corp.		49,938		497,107
Shikoku Electric Power Co., Inc.		10,443		299,604
Shimadzu Corp.		17,140		131,815
Shimamura Co., Ltd.		846		78,540
Shimano, Inc.		4,136		218,988
Shimizu Corp.		38,910		144,025
Shin-Etsu Chemical Co., Ltd.		21,064		1,025,697
Shinko Electric Industries Co., Ltd.		4,906		54,243
Shinsei Bank Ltd.*		64,173		45,355
Shionogi & Co., Ltd.		14,207		260,042
Shiseido Co., Ltd.		17,022		382,118
Shizuoka Bank Ltd.		27,724		238,782
Showa Denko KK		62,382		119,563
Showa Shell Sekiyu KK		13,975		106,805
SMC Corp.		2,648		349,239
Softbank Corp.		39,772		1,301,118
Sojitz Corp.		62,842	$	112,917
Sony Corp.		51,664		1,597,326
Sony Financial Holdings, Inc.		37		120,556
Square Enix Holdings Co., Ltd.		4,624		103,636
Stanley Electric Co., Ltd.		8,684		138,353
Sumco Corp.*		4,852		75,674
Sumitomo Chemical Co., Ltd.		76,158		333,898
Sumitomo Corp.		56,328		726,029
Sumitomo Electric Industries Ltd.		37,060		451,930
Sumitomo Heavy Industries Ltd.		25,784		132,812
Sumitomo Metal Industries Ltd.		164,920		416,844
Sumitomo Metal Mining Co., Ltd.		24,784		378,529
Sumitomo Mitsui Financial Group, Inc.		67,468		1,965,527
Sumitomo Realty & Development Co., Ltd.		18,526		382,814
Sumitomo Rubber Industries Ltd.		11,736		114,576
Sumitomo Trust & Banking Co., Ltd.		69,092		345,957
Suruga Bank Ltd.		13,890		122,461
Suzuken Co., Ltd.		3,806		125,970
Suzuki Motor Corp.		16,936		356,248
Sysmex Corp.		2,200		152,587
T&D Holdings, Inc.		13,584		283,136
Taiheiyo Cement Corp.*		42,554		49,956
Taisei Corp.		67,183		138,422
Taisho Pharmaceutical Co., Ltd.		7,571		153,179
Taiyo Nippon Sanso Corp.		15,392		130,909
Takashimaya Co., Ltd.		11,955		92,226
Takeda Pharmaceutical Co., Ltd.		38,523		1,769,714
TDK Corp.		5,671		316,225
Teijin Ltd.		58,250		192,585
Terumo Corp.		8,250		437,799
THK Co., Ltd.		7,608		142,536
Tobu Railway Co., Ltd.		40,991		236,184
Toho Co., Ltd.		6,046		97,266
Toho Gas Co., Ltd.		24,592		121,664
Tohoku Electric Power Co., Inc.		20,859		461,257
Tokio Marine Holdings, Inc.		36,815		993,141
Tokuyama Corp.		15,452		78,482
Tokyo Electric Power Co., Inc.		62,558		1,525,732
Tokyo Electron Ltd.		8,536		427,925
Tokyo Gas Co., Ltd.		121,711		552,569
Tokyo Steel Manufacturing Co., Ltd.		7,376		87,031
Tokyo Tatemono Co., Ltd.		15,392		59,001
Tokyu Corp.		61,011		269,682
Tokyu Land Corp.		29,592		122,650
TonenGeneral Sekiyu KK		15,830		146,581
Toppan Printing Co., Ltd.		29,910		233,963
Toray Industries, Inc.		64,774		360,804
Toshiba Corp.		204,683		990,560
Tosoh Corp.		35,095		94,590
TOTO Ltd.		18,267		125,164
Toyo Seikan Kaisha Ltd.		9,704		174,830
Toyo Suisan Kaisha Ltd.		3,756		77,433
Toyoda Gosei Co., Ltd.		4,242		93,499
Toyota Boshoku Corp.		4,692		78,069
Toyota Industries Corp.		9,218		246,130
Toyota Motor Corp.		142,236		5,108,092
Toyota Tsusho Corp.		13,214		194,696
Trend Micro, Inc.		4,482		133,741
Tsumura & Co.		3,004		93,416
Ube Industries Ltd.		63,123		139,887
Unicharm Corp.		5,694		229,179
UNY Co., Ltd.		12,511		98,913
Ushio, Inc.		6,064		102,059
USS Co., Ltd.		1,211		90,375

See Notes to Portfolio of Investments.

320

EQ ADVISORS TRUST

EQ/INTERNATIONAL CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
West Japan Railway Co.		81	$	290,505
Yahoo! Japan Corp.		682		235,612
Yakult Honsha Co., Ltd.		3,907		120,655
Yamada Denki Co., Ltd.		4,182		259,496
Yamaguchi Financial Group, Inc.		13,763		129,749
Yamaha Corp.		10,579		122,796
Yamaha Motor Co., Ltd.*		11,532		173,090
Yamato Holdings Co., Ltd.		18,736		226,681
Yamato Kogyo Co., Ltd.		3,154		76,394
Yamazaki Baking Co., Ltd.		8,571		104,519
Yaskawa Electric Corp.		13,140		105,932
Yokogawa Electric Corp.		14,903		101,400

				111,844,791

Luxembourg (1.0%)
ArcelorMittal S.A.		42,782		1,409,073
Millicom International Cellular S.A. (SDR)		4,057		387,020
SES S.A.		16,489		396,411
Tenaris S.A.		23,548		451,672
Tenaris S.A. (ADR)		281,695		10,822,722

				13,466,898

Macau (0.0%)
Sands China Ltd.*		89,467		161,434
Wynn Macau Ltd.*		49,200		85,098

				246,532

Mexico (0.0%)
Fresnillo plc		9,222		179,926

Netherlands (2.8%)
Aegon N.V.*		75,939		454,987
Akzo Nobel N.V.		11,778		726,631
ASML Holding N.V.		22,095		659,951
Core Laboratories N.V.		51,400		4,525,256
Corio N.V. (REIT)		3,688		252,137
Delta Lloyd N.V.		1,458		27,250
European Aeronautic Defence and Space Co. N.V.*		19,944		497,417
Fugro N.V. (CVA)		3,430		225,544
Heineken Holding N.V.		5,973		261,299
Heineken N.V.		12,355		640,706
ING Groep N.V. (CVA)*		196,853		2,042,218
Koninklijke (Royal) KPN N.V.		84,863		1,312,497
Koninklijke Ahold N.V.		61,083		823,388
Koninklijke Boskalis Westminster N.V.		4,153		174,292
Koninklijke DSM N.V.		8,305		425,473
Koninklijke Philips Electronics N.V.		49,771		1,564,289
Koninklijke Vopak N.V.		4,206		200,741
QIAGEN N.V.*		12,456		222,871
Randstad Holding N.V.*		5,418		246,141
Reed Elsevier N.V.		38,116		480,645
Royal Dutch Shell plc, Class A		182,476		5,492,244
Royal Dutch Shell plc, Class B		139,434		4,067,515
SBM Offshore N.V.		10,472		198,436
TNT N.V.		18,623		500,394
Unilever N.V. (N.Y. Shares)		99,540		2,974,255
Unilever N.V. (CVA)		293,536		8,773,573
Wolters Kluwer N.V.		16,359		343,442

				38,113,592

New Zealand (0.0%)
Auckland International Airport Ltd.		69,968		105,238
Contact Energy Ltd.*		22,952		95,314
Fletcher Building Ltd.		30,818		182,246
Sky City Entertainment Group Ltd.		42,135		87,488
Telecom Corp. of New Zealand Ltd.		80,486	$	119,286

				589,572

Norway (0.3%)
Aker Solutions ASA		5,085		73,709
DnB NOR ASA		47,862		651,463
Norsk Hydro ASA		47,373		285,955
Orkla ASA		41,461		382,100
Renewable Energy Corp. ASA*		30,435		103,086
Statoil ASA		58,448		1,219,416
Telenor ASA		38,735		606,598
Yara International ASA		9,326		421,808

				3,744,135

Portugal (0.1%)
Banco Comercial Portugues S.A. (Registered)		149,603		130,322
Banco Espirito Santo S.A. (Registered)		20,203		93,504
Brisa Auto-Estradas de Portugal S.A.		6,350		40,946
Cimpor Cimentos de Portugal SGPS S.A.		12,700		81,753
EDP - Energias de Portugal S.A.		83,503		286,182
Galp Energia SGPS S.A., Class B		8,662		149,495
Jeronimo Martins SGPS S.A.		15,047		201,231
Portugal Telecom SGPS S.A. (Registered)		30,923		412,705

				1,396,138

Singapore (0.6%)
Ascendas Real Estate Investment Trust (REIT)		99,522		165,731
CapitaLand Ltd.		123,502		381,278
CapitaMall Trust (REIT)		138,267		226,047
CapitaMalls Asia Ltd.		76,421		125,518
City Developments Ltd.		26,280		254,987
ComfortDelgro Corp., Ltd.		127,550		147,423
Cosco Corp. (Singapore) Ltd.		31,056		41,798
DBS Group Holdings Ltd.		87,795		939,969
Fraser and Neave Ltd.		53,620		265,022
Genting Singapore plc*		302,261		427,500
Golden Agri-Resources Ltd.		272,537		118,125
Jardine Cycle & Carriage Ltd.		4,449		132,952
Keppel Corp., Ltd.		63,078		430,720
Keppel Land Ltd.		18,000		55,433
Neptune Orient Lines Ltd.*		29,991		45,154
Olam International Ltd.		76,924		190,687
Oversea-Chinese Banking Corp., Ltd.		116,922		786,830
SembCorp Industries Ltd.		53,812		178,405
SembCorp Marine Ltd.		52,626		157,266
Singapore Airlines Ltd.		25,682		318,706
Singapore Exchange Ltd.		40,302		276,423
Singapore Press Holdings Ltd.		60,410		195,227
Singapore Technologies Engineering Ltd.		86,019		219,773
Singapore Telecommunications Ltd.		410,119		979,221
StarHub Ltd.		46,724		91,664
United Overseas Bank Ltd.		62,826		875,198
UOL Group Ltd.		30,532		107,492
Wilmar International Ltd.		94,455		431,659

				8,566,208

Spain (1.5%)
Abertis Infraestructuras S.A.		13,699		255,289
Acciona S.A.		1,704		143,932
Acerinox S.A.		2,322		41,325
ACS Actividades de Construccion y Servicios S.A.		6,782		338,619
Banco Bilbao Vizcaya Argentaria S.A.		180,963		2,443,542

See Notes to Portfolio of Investments.

321

EQ ADVISORS TRUST

EQ/INTERNATIONAL CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Banco de Sabadell S.A.		54,754	$	274,240
Banco de Valencia S.A.		10,619		60,511
Banco Popular Espanol S.A.		41,379		262,306
Banco Santander S.A.		419,962		5,334,131
Bankinter S.A.		19,964		138,720
Criteria Caixacorp S.A.		44,767		235,143
EDP Renovaveis S.A.*		11,379		64,377
Enagas S.A.		11,236		227,694
Ferrovial S.A.		19,312		180,577
Fomento de Construcciones y Contratas S.A.		3,128		86,479
Gamesa Corp. Tecnologica S.A.*		7,817		54,721
Gas Natural SDG S.A.		10,280		153,245
Gestevision Telecinco S.A.		4,797		52,839
Grifols S.A.		6,910		99,099
Iberdrola Renovables S.A.		36,369		120,876
Iberdrola S.A.		206,783		1,590,744
Iberia Lineas Aereas de Espana S.A.*		28,634		110,509
Inditex S.A.		11,074		879,681
Indra Sistemas S.A.		5,244		100,013
Mapfre S.A.		42,152		128,259
Red Electrica Corporacion S.A.		5,833		274,299
Repsol YPF S.A.		35,830		922,931
Telefonica S.A.		212,108		5,252,523
Zardoya Otis S.A.		9,791		175,254

				20,001,878

Sweden (1.2%)
Alfa Laval AB		18,097		317,084
Assa Abloy AB, Class B		14,840		374,283
Atlas Copco AB, Class A		33,088		638,654
Atlas Copco AB, Class B		20,898		367,711
Boliden AB		10,016		151,718
Electrolux AB, Class B		11,262		277,358
Getinge AB, Class B		12,034		281,195
Hennes & Mauritz AB, Class B		52,532		1,902,433
Hexagon AB, Class B		7,756		166,389
Holmen AB, Class B		4,060		125,227
Husqvarna AB, Class B		26,125		193,408
Investor AB, Class B		22,076		448,375
Kinnevik Investment AB, Class B		11,809		250,008
Modern Times Group AB, Class B		1,678		125,097
Nordea Bank AB		165,662		1,725,351
Ratos AB, Class B		6,564		226,709
Sandvik AB		50,528		774,373
Scania AB, Class B		18,767		414,300
Securitas AB, Class B		19,598		211,089
Skandinaviska Enskilda Banken AB, Class A		74,964		555,861
Skanska AB, Class B		19,425		355,914
SKF AB, Class B		18,799		432,299
SSAB AB, Class A		7,630		121,689
SSAB AB, Class B		6,516		91,500
Svenska Cellulosa AB, Class B		27,399		416,655
Svenska Handelsbanken AB, Class A		24,505		803,097
Swedbank AB, Class A*		35,376		490,462
Swedish Match AB		9,995		266,618
Tele2 AB, Class B		18,295		384,067
Telefonaktiebolaget LM Ericsson, Class B		155,627		1,708,576
TeliaSonera AB		111,886		906,329
Volvo AB, Class B*		54,299		797,526

				16,301,355

Switzerland (9.5%)
ABB Ltd. (Registered)*		243,150		5,124,547
ABB Ltd. (ADR)*		147,692	$	3,119,255
Actelion Ltd. (Registered)*		5,431		217,594
Adecco S.A. (Registered)		5,992		313,122
Aryzta AG		4,240		185,539
Baloise Holding AG (Registered)		2,719		245,157
Cie Financiere Richemont S.A., Class A		26,919		1,296,024
Credit Suisse Group AG (Registered)		56,651		2,421,353
Foster Wheeler AG*		188,355		4,607,163
GAM Holding Ltd.*		13,300		201,669
Geberit AG (Registered)		2,097		373,454
Givaudan S.A. (Registered)		372		380,082
Holcim Ltd. (Registered)		12,629		810,960
Julius Baer Group Ltd.		11,032		401,582
Kuehne + Nagel International AG (Registered)		2,876		345,360
Lindt & Spruengli AG		39		93,506
Lindt & Spruengli AG (Registered)		4		111,739
Logitech International S.A. (Registered)*		9,489		165,320
Lonza Group AG (Registered)		2,235		190,941
Nestle S.A. (Registered)		324,869		17,307,172
Nestle S.A. (Registered) (ADR)		155,035		8,283,520
Nobel Biocare Holding AG (Registered)		5,807		104,303
Noble Corp.*		658,184		22,240,037
Novartis AG (Registered)		133,644		7,663,806
Novartis AG (ADR)		54,051		3,117,121
Pargesa Holding S.A.		1,393		101,713
Roche Holding AG		36,248		4,950,371
Schindler Holding AG		2,627		281,775
Schindler Holding AG (Registered)		1,526		163,059
SGS S.A. (Registered)		272		439,562
Sika AG		76		140,221
Sonova Holding AG (Registered)		2,255		275,378
STMicroelectronics N.V.		36,284		277,791
Straumann Holding AG (Registered)		334		74,539
Swatch Group AG		1,534		577,133
Swatch Group AG (Registered)		2,900		200,387
Swiss Life Holding AG (Registered)*		1,787		203,496
Swiss Reinsurance Co., Ltd. (Registered)		17,732		777,563
Swisscom AG (Registered)		1,172		472,664
Syngenta AG (Registered)		4,913		1,220,938
Syngenta AG (ADR)		58,884		2,931,834
Transocean Ltd.*		309,977		19,928,421
UBS AG (Registered)*		187,509		3,182,873
Weatherford International Ltd.*		683,856		11,693,938
Xstrata plc		102,337		1,958,071
Zurich Financial Services AG		7,701		1,804,855

				130,976,908

United Kingdom (10.4%)
3i Group plc		50,206		225,959
Admiral Group plc		9,632		252,081
Aggreko plc		13,339		328,982
AMEC plc		17,167		265,901
Anglo American plc		68,093		2,701,459
Antofagasta plc		20,401		396,112
ARM Holdings plc		64,019		394,426
Associated British Foods plc		18,370		302,714
AstraZeneca plc		73,869		3,752,180
Autonomy Corp. plc*		11,130		316,987
Aviva plc		143,128		896,886
Babcock International Group plc		18,475		165,428
BAE Systems plc		506,914		2,725,773

See Notes to Portfolio of Investments.

322

EQ ADVISORS TRUST

EQ/INTERNATIONAL CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Balfour Beatty plc		36,478	$	153,286
Barclays plc		589,374		2,773,839
BG Group plc		174,357		3,063,543
BHP Billiton plc		114,178		3,632,085
BP plc		957,777		6,436,559
British Airways plc*		39,771		151,692
British American Tobacco plc		295,009		11,004,137
British American Tobacco plc (ADR)		68,962		5,152,151
British Land Co. plc (REIT)		45,701		333,831
British Sky Broadcasting Group plc		58,677		650,300
BT Group plc, Class A		401,076		882,070
Bunzl plc		16,969		202,324
Burberry Group plc		22,437		366,561
Cable & Wireless Worldwide plc		133,096		153,779
Cairn Energy plc*		66,110		471,074
Capita Group plc		32,236		398,027
Capital Shopping Centres Group plc (REIT)		25,547		147,565
Carnival plc		8,575		337,031
Centrica plc		265,450		1,348,980
Cobham plc		59,222		214,904
Compass Group plc		95,946		799,578
Diageo plc		464,653		7,999,960
Diageo plc (ADR)		69,538		4,798,817
Eurasian Natural Resources Corp.		13,129		189,435
Firstgroup plc		25,618		146,003
G4S plc		65,370		261,448
GlaxoSmithKline plc		268,375		5,288,850
Hammerson plc (REIT)		36,342		225,105
Home Retail Group plc		45,397		146,907
HSBC Holdings plc		897,010		9,088,779
ICAP plc		26,868		182,123
Imperial Tobacco Group plc		52,586		1,567,061
Inmarsat plc		22,555		235,089
Intercontinental Hotels Group plc		13,304		237,416
International Power plc		78,760		480,049
Intertek Group plc		8,166		234,752
Invensys plc		41,729		195,673
Investec plc		25,930		207,130
ITV plc*		132,030		123,718
J Sainsbury plc		61,206		375,652
Johnson Matthey plc		11,106		307,406
Kazakhmys plc		11,072		252,546
Kingfisher plc		122,168		449,462
Land Securities Group plc (REIT)		39,112		393,530
Legal & General Group plc		303,260		493,065
Lloyds Banking Group plc*		2,078,921		2,420,594
London Stock Exchange Group plc		8,345		89,273
Lonmin plc*		7,934		208,016
Man Group plc		88,536		304,727
Marks & Spencer Group plc		81,711		498,164
National Grid plc		171,472		1,454,573
Next plc		10,209		355,387
Old Mutual plc		272,825		594,870
Pearson plc		41,951		649,453
Petrofac Ltd.		13,280		286,429
Prudential plc		131,002		1,309,860
Randgold Resources Ltd.		4,661		466,409
Reckitt Benckiser Group plc		31,339		1,723,558
Reed Elsevier plc		62,739		530,235
Resolution Ltd.		74,248		285,759
Rexam plc		45,364		218,775
Rio Tinto plc		273,500		15,986,947
Rio Tinto plc (ADR)		94,928		5,575,121
Rolls-Royce Group plc*		95,922		909,377
Royal Bank of Scotland Group plc*		874,665	$	648,671
RSA Insurance Group plc		176,528		362,441
SABMiller plc		48,511		1,551,172
Sage Group plc		67,945		294,908
Schroders plc		6,287		142,020
Scottish & Southern Energy plc		47,756		838,722
Segro plc (REIT)		32,272		138,400
Serco Group plc		25,382		245,216
Severn Trent plc		12,240		252,077
Smith & Nephew plc		45,817		417,809
Smiths Group plc		20,171		386,260
Standard Chartered plc		104,675		3,002,564
Standard Life plc		115,691		420,181
Tesco plc		410,782		2,736,061
Thomas Cook Group plc		44,403		119,835
TUI Travel plc		28,920		97,403
Tullow Oil plc		45,772		916,047
Unilever plc		66,397		1,920,219
United Utilities Group plc		35,269		317,465
Vedanta Resources plc		7,056		239,974
Vodafone Group plc		2,698,279		6,659,039
Whitbread plc		9,060		231,133
WM Morrison Supermarkets plc		108,900		505,857
Wolseley plc*		14,687		368,918
WPP plc		64,849		717,683

				142,675,782

United States (2.6%)
Bunge Ltd.		73,568		4,352,283
Cooper Industries plc		214,838		10,512,023
Schlumberger Ltd.		329,444		20,297,045
Synthes, Inc.		2,895		334,679

				35,496,030

Total Common Stocks (68.5%) (Cost $767,588,288)				940,412,288

INVESTMENT COMPANIES:
*Exchange Traded Funds (ETFs)(10.1%)*
iShares FTSE/Xinhua China 25 Index Fund		74,510		3,190,518
iShares MSCI Australia Index Fund		103,715		2,462,194
iShares MSCI Austria Investable Market Index Fund		186,937		3,683,594
iShares MSCI Belgium Investable Market Index Fund		190,897		2,535,112
iShares MSCI BRIC Index Fund		68,916		3,291,428
iShares MSCI Canada Index Fund		72,858		2,042,210
iShares MSCI EAFE Index Fund		717,266		39,392,249
iShares MSCI Emerging Markets Index Fund		138,832		6,215,509
iShares MSCI France Index Fund		165,167		3,962,356
iShares MSCI Germany Index Fund		403,410		8,875,020
iShares MSCI Hong Kong Index Fund		58,677		1,064,401
iShares MSCI Israel Capped Investable Market Index Fund		9,500		521,645
iShares MSCI Italy Index Fund		313,348		5,264,246
iShares MSCI Japan Index Fund		1,084,680		10,727,485
iShares MSCI Malaysia Index Fund		12,062		165,732
iShares MSCI Mexico Investable Market Index Fund		16,448		871,579
iShares MSCI Netherlands Investable Market Index Fund		122,893		2,497,186

See Notes to Portfolio of Investments.

323

EQ ADVISORS TRUST

EQ/INTERNATIONAL CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
iShares MSCI Pacific ex-Japan Index Fund		115,592	$	5,120,726
iShares MSCI Singapore Index Fund		85,626		1,131,976
iShares MSCI South Korea Index Fund		7,100		379,779
iShares MSCI Spain Index Fund		56,821		2,309,774
iShares MSCI Sweden Index Fund		70,703		2,048,266
iShares MSCI Switzerland Index Fund		15,100		344,431
iShares MSCI Thailand Index Fund		2,718		168,679
iShares MSCI Turkey Index Fund		8,684		608,141
iShares S&P Europe 350 Index Fund		516,966		19,567,163
iShares S&P Latin America 40 Index Fund		22,147		1,119,309
SPDR DJ EURO Stoxx 50 Fund		175,064		6,426,599
SPDR S&P Emerging Asia Pacific ETF		29,579		2,454,465
SPDR S&P Emerging Europe ETF		12,067		548,445

Total Investment Companies (10.1%) (Cost $118,034,199)				138,990,217


	Number of Rights		Value (Note 1)
RIGHTS:
Cyprus (0.0%)
Bank of Cyprus Public Co., Ltd., expiring 10/21/10*		34,663		21,265

France (0.0%)
Cie Generale des Etablissements Michelin, expiring 10/13/10*		7,410		20,688

Germany (0.0%)
Deutsche Bank AG, expiring 10/5/10*		31,602		152,939

Greece (0.0%)
National Bank of Greece S.A., expiring 10/11/10*		61,560		42,800

Total Rights (0.0%) (Cost $—)				237,692


	Number of Warrants		Value (Note 1)
WARRANT:
Singapore (0.0%)
Golden Agri-Resources Ltd., expiring 7/23/12* (Cost $—)		28,904		2,308


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Short-Term Investment (0.1%)
BlackRock Liquidity Funds TempFund
0.23%‡	$	1,900,359		1,900,359

Time Deposit (0.1%)
JPMorgan Chase Nassau
0.000%, 10/1/10		1,273,656		1,273,656

Total Short-Term Investments (0.2%) (Amortized Cost $3,174,015)				3,174,015

Total Investments (78.8%) (Cost/Amortized Cost $888,796,502)				1,082,816,520
Other Assets Less Liabilities (21.2%)				290,601,295

Net Assets (100%)			$	1,373,417,815

*	Non-Income producing.

†	Securities (totaling $0 or 0.0% of net assets) at fair value by management.

‡	Affiliated company as defined under the Investment Company Act of 1940.

(b)

Illiquid Security.

Glossary:

ADR — American Depositary Receipt

CDI — Chess Depositary Interest

CVA — Dutch Certification

PPS — Price Protected Share

REIT — Real Estate Investment Trust

RNC — Risparmio Non-Convertible Savings Shares

SDR — Swedish Certification

VVPR — Verlaagde Vooheffing Precompte Reduit (Belgium Dividend Coupon)


Market Sector Diversification

As a Percentage of Total Net Assets

Consumer Discretionary	3.5	%
Consumer Staples	8 .0
Energy	14.0
Exchange Traded Funds	10.1
Financials	10.8
Health Care	3 .8
Industrials	9 .2
Information Technology	1 .9
Materials	12.4
Telecommunication Services	2 .5
Utilities	2 .4
Cash and Other	21.4

	100.0	%

See Notes to Portfolio of Investments.

324

EQ ADVISORS TRUST

EQ/INTERNATIONAL CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	—	$	305,416,432	$	303,516,073	$	1,900,359	$	12,102	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchases
DJ EURO Stoxx 50 Index		3,199		December-10	$	121,450,641	$	119,405,186	$	(2,045,455	)
E-Mini MSCI EAFE Index		23		December-10		1,754,072		1,790,090		36,018
FTSE 100 Index		842		December-10		73,383,055		73,138,575		(244,480	)
SPI 200 Index		271		December-10		30,574,405		30,122,530		(451,875	)
TOPIX Index		664		December-10		64,674,825		65,739,818		1,064,993

									$	(1,640,799	)

At September 30, 2010, the Portfolio had outstanding foreign currency contracts to buy/sell foreign currencies as follows: (Note 1)


	Counterparty	Local Contract Buy Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Buy Contracts
European Union Euro vs. U.S. Dollar, expiring 12/17/10	Deutsche Bank AG		16,400	$	22,345,164	$	21,361,328	$	983,836
Japanese Yen vs. U.S. Dollar, expiring 12/17/10	Deutsche Bank AG		50,000		599,437		596,225		3,212

								$	987,048

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	—	$	55,062,501	$	—	$	55,062,501
Consumer Staples		25,561,026		81,577,787		—		107,138,813
Energy		144,210,335		45,583,276		—		189,793,611
Financials		13,967,561		130,075,428		—		144,042,989

See Notes to Portfolio of Investments.

325

EQ ADVISORS TRUST

EQ/INTERNATIONAL CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


Investment Type	Level 1 Quoted prices in active markets for identical securities			Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Health Care	$	3,117,121		$	46,661,187	$	—	$	49,778,308
Industrials		64,185,835			68,852,550		—		133,038,385
Information Technology		—			25,507,875		—		25,507,875
Materials		86,423,030			90,177,014		—		176,600,044
Telecommunication Services		—			30,251,895		—		30,251,895
Utilities		—			29,197,867		—		29,197,867
Forward Currency Contracts		—			987,048		—		987,048
Futures		1,101,011			—		—		1,101,011
Investment Companies
Exchange Traded Funds (ETFs)		138,990,217			—		—		138,990,217
Rights
Consumer Discretionary		—			20,688		—		20,688
Financials		—			217,004		—		217,004
Short-Term Investments		—			3,174,015		—		3,174,015
Warrants
Consumer Staples		—			2,308		—		2,308

Total Assets	$	477,556,136		$	607,348,443	$	—	$	1,084,904,579

Liabilities:
Futures	$	(2,741,810	)	$	—	$	—	$	(2,741,810	)

Total Liabilities	$	(2,741,810	)	$	—	$	—	$	(2,741,810	)

Total	$	474,814,326		$	607,348,443	$	—	$	1,082,162,769

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities-Financials		Investments in Securities-Industrials
Balance as of 12/31/09	$	—	$	37,561
Total gains or losses (realized/unrealized) included in earnings		—		(364	)
Purchases, sales, issuances, and settlements (net)		—		(37,197	)
Transfers into Level 3		—		—
Transfers out of Level 3		—		—

Balance as of 9/30/10	$	—	$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	—	$	—

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	112,719,557
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	321,818,925

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	193,714,400
Aggregate gross unrealized depreciation		(52,978,505	)

Net unrealized appreciation	$	140,735,895

Federal income tax cost of investments	$	942,080,625

See Notes to Portfolio of Investments.

326

EQ ADVISORS TRUST

EQ/INTERNATIONAL GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Australia (0.9%)
Iluka Resources Ltd.*		1,354,110	$	7,852,890

Brazil (5.8%)
Banco Santander Brasil S.A. (ADR)		1,114,270		15,343,498
BM&F Bovespa S.A.		1,230,000		10,293,617
Cia de Bebidas das Americas (Preference) (ADR)		119,670		14,812,753
Fleury S.A.		252,400		3,131,132
Petroleo Brasileiro S.A. (ADR)		189,510		6,873,528

				50,454,528

Canada (0.9%)
Suncor Energy, Inc.		239,680		7,803,752

China (2.2%)
China Construction Bank Corp., Class H		7,760,000		6,801,008
China Unicom Hong Kong Ltd.		8,416,000		12,322,156

				19,123,164

Denmark (1.3%)
Novo Nordisk A/S, Class B		116,020		11,513,289

France (11.5%)
Air Liquide S.A.		77,961		9,511,027
Cie Generale d’Optique Essilor International S.A.		124,150		8,541,921
Danone S.A.		299,023		17,885,341
Dassault Systemes S.A.		86,240		6,343,898
LVMH Moet Hennessy Louis Vuitton S.A.		173,430		25,439,701
Pernod-Ricard S.A.		97,980		8,181,238
Publicis Groupe S.A.		184,700		8,772,443
Schneider Electric S.A.		130,151		16,502,611

				101,178,180

Germany (10.3%)
Bayer AG		234,156		16,327,754
Beiersdorf AG		157,480		9,639,339
Deutsche Boerse AG		142,640		9,517,550
Fresenius Medical Care AG & Co. KGaA		148,030		9,142,635
Henkel AG & Co. KGaA (Preference)		127,550		6,850,972
Linde AG		92,180		11,998,435
Merck KGaA		94,560		7,943,368
SAP AG		174,210		8,617,389
Symrise AG		363,981		10,114,978

				90,152,420

Greece (0.5%)
Coca Cola Hellenic Bottling Co. S.A.		178,418		4,708,901

Hong Kong (3.2%)
Dairy Farm International Holdings Ltd.		863,100		6,559,560
Esprit Holdings Ltd.		1,655,214		8,981,293
Li & Fung Ltd.		2,216,000		12,466,848

				28,007,701

India (0.8%)
Infosys Technologies Ltd. (ADR)		98,040		6,599,072

Indonesia (0.9%)
PT Bank Rakyat Indonesia		6,884,000		7,713,165

Ireland (1.7%)
Accenture plc, Class A		360,140	$	15,302,349

Israel (2.2%)
NICE Systems Ltd. (ADR)*		224,850		7,035,556
Teva Pharmaceutical Industries Ltd. (ADR)		226,030		11,923,083

				18,958,639

Italy (1.5%)
Saipem S.p.A.		323,720		12,965,726

Japan (10.7%)
HOYA Corp.		305,600		7,449,641
INPEX Corp.		1,818		8,558,625
Keyence Corp.		16,200		3,524,102
Konica Minolta Holdings, Inc.		1,154,500		11,257,343
Lawson, Inc.		108,300		4,962,236
Nomura Holdings, Inc.		1,672,200		8,092,583
Santen Pharmaceutical Co., Ltd.		211,000		7,307,151
Shimano, Inc.		172,300		9,122,736
Shin-Etsu Chemical Co., Ltd.		283,300		13,795,095
Tokyo Electron Ltd.		91,800		4,602,096
Unicharm Corp.		234,300		9,430,378
Yahoo! Japan Corp.		16,199		5,596,300

				93,698,286

Mexico (0.5%)
Grupo Televisa S.A. (ADR)		229,090		4,334,383

Netherlands (2.3%)
Akzo Nobel N.V.		225,150		13,890,377
Heineken N.V.		129,560		6,718,726

				20,609,103

Panama (0.9%)
Copa Holdings S.A., Class A		144,320		7,780,291

Peru (0.4%)
Credicorp Ltd.		32,680		3,722,252

Philippines (1.1%)
Philippine Long Distance Telephone Co.		158,360		9,439,894

Russia (1.3%)
Gazprom OAO (ADR)		549,560		11,535,264

South Africa (1.0%)
MTN Group Ltd.		475,900		8,602,762

South Korea (1.9%)
Amorepacific Corp.		6,569		6,602,126
Samsung Electronics Co., Ltd.		15,209		10,363,861

				16,965,987

Spain (2.3%)
Inditex S.A.		138,750		11,021,825
Telefonica S.A.		387,390		9,593,108

				20,614,933

Switzerland (9.0%)
Cie Financiere Richemont S.A., Class A		181,187		8,723,306
Credit Suisse Group AG (Registered)		272,200		11,634,254
Julius Baer Group Ltd.		222,919		8,114,601
Nestle S.A. (Registered)		312,238		16,634,264
Roche Holding AG		76,600		10,461,222
Sonova Holding AG (Registered)		103,362		12,622,439

See Notes to Portfolio of Investments.

327

EQ ADVISORS TRUST

EQ/INTERNATIONAL GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Swatch Group AG		27,939	$	10,511,422

				78,701,508

Taiwan (3.6%)
Acer, Inc.		4,898,960		12,450,664
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR)		1,869,718		18,958,941

				31,409,605

United Kingdom (15.8%)
Aberdeen Asset Management plc		3,219,200		8,116,551
BHP Billiton plc		731,220		23,260,638
Capita Group plc		293,265		3,621,023
Diageo plc		682,400		11,748,925
Hays plc		3,211,856		5,706,466
HSBC Holdings plc		1,358,198		13,761,676
ICAP plc		891,130		6,040,465
Intertek Group plc		367,650		10,569,007
Michael Page International plc		1,280,630		9,270,106
Reckitt Benckiser Group plc		253,760		13,956,092
SSL International plc		357,680		6,506,565
Standard Chartered plc		534,581		15,334,260
Tesco plc		1,585,320		10,559,208

				138,450,982

United States (1.2%)
Synthes, Inc.		94,970		10,979,079

Total Common Stocks (95.7%) (Cost $672,572,858)				839,178,105


	Number of Warrants		Value (Note 1)
WARRANT:
Luxembourg (1.9%)
Deutsche Bank AG/London, expiring 1/24/17§ (Cost $13,040,158)*		301,567		16,350,932


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (2.1%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $18,394,375)	$	18,394,375	$	18,394,375

Total Investments (99.7%) (Cost/Amortized Cost $704,007,391)				873,923,412
Other Assets Less Liabilities (0.3%)				2,824,482

Net Assets (100%)			$	876,747,894

*	Non-income producing.

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2010, the market value of these securities amounted to $16,350,932 or 1.9% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied upon when determining liquidity.

Glossary:

ADR — American Depositary Receipt


Market Sector Diversification

As a Percentage of Total Net Assets

Consumer Discretionary	11.2	%
Consumer Staples	16.9
Energy	5 .5
Financials	16.0
Health Care	13.3
Industrials	6 .2
Information Technology	13.5
Materials	10.4
Telecommunication Services	4 .6
Cash and Other	2 .4

	100.0	%

See Notes to Portfolio of Investments.

328

EQ ADVISORS TRUST

EQ/INTERNATIONAL GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	4,334,383	$	95,039,574	$	—	$	99,373,957
Consumer Staples		14,812,753		134,437,306		—		149,250,059
Energy		14,677,280		33,059,615		—		47,736,895
Financials		29,359,367		95,126,113		—		124,485,480
Health Care		15,054,215		101,345,423		—		116,399,638
Industrials		7,780,291		45,669,213		—		53,449,504
Information Technology		47,895,918		70,205,294		—		118,101,212
Materials		—		90,423,440		—		90,423,440
Telecommunication Services		—		39,957,920		—		39,957,920
Short-Term Investments		—		18,394,375		—		18,394,375
Warrants
Financials		—		16,350,932		—		16,350,932

Total Assets	$	133,914,207	$	740,009,205	$	—	$	873,923,412

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	133,914,207	$	740,009,205	$	—	$	873,923,412

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	351,733,134
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	272,405,221

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	165,264,635
Aggregate gross unrealized depreciation		(17,968,938	)

Net unrealized appreciation	$	147,295,697

Federal income tax cost of investments	$	726,627,715

See Notes to Portfolio of Investments.

329

EQ ADVISORS TRUST

EQ/JPMORGAN VALUE OPPORTUNITIES PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (9.9%)
*Auto Components (1.1%)*
Johnson Controls, Inc.		133,240	$	4,063,820

*Hotels, Restaurants & Leisure (0.9%)*
Carnival Corp.		43,000		1,643,030
International Game Technology		52,590		759,926
Royal Caribbean Cruises Ltd.*		35,085		1,106,230

				3,509,186

*Household Durables (0.2%)*
Lennar Corp., Class A		51,980		799,452

*Media (6.1%)*
CBS Corp., Class B		37,300		591,578
DIRECTV, Class A*		43,000		1,790,090
Gannett Co., Inc.		143,100		1,750,113
Time Warner Cable, Inc.		83,407		4,503,144
Time Warner, Inc.		248,575		7,618,824
Walt Disney Co.		186,610		6,178,657

				22,432,406

*Multiline Retail (0.4%)*
Kohl’s Corp.*		27,500		1,448,700

*Specialty Retail (0.7%)*
Staples, Inc.		128,800		2,694,496

*Textiles, Apparel & Luxury Goods (0.5%)*
Coach, Inc.		40,100		1,722,696

Total Consumer Discretionary				36,670,756

Consumer Staples (8.2%)
*Beverages (0.8%)*
Coca-Cola Co.		51,250		2,999,150

*Food & Staples Retailing (2.6%)*
CVS Caremark Corp.		235,331		7,405,866
Kroger Co.		55,986		1,212,657
Sysco Corp.		29,900		852,748

				9,471,271

*Food Products (0.8%)*
General Mills, Inc.		41,270		1,508,006
J.M. Smucker Co.		22,600		1,367,978

				2,875,984

*Household Products (3.2%)*
Procter & Gamble Co.		196,360		11,775,709

*Tobacco (0.8%)*
Philip Morris International, Inc.		53,000		2,969,060

Total Consumer Staples				30,091,174

Energy (12.5%)
*Energy Equipment & Services (0.2%)*
Schlumberger Ltd.		11,900		733,159

*Oil, Gas & Consumable Fuels (12.3%)*
Anadarko Petroleum Corp.		31,365		1,789,373
Apache Corp.		55,055		5,382,177
Chevron Corp.		151,200		12,254,760
ConocoPhillips		130,900		7,517,587
Devon Energy Corp.		55,100		3,567,174
EOG Resources, Inc.		24,500	$	2,277,765
Occidental Petroleum Corp.		87,435		6,846,160
Peabody Energy Corp.		33,400		1,636,934
Williams Cos., Inc.		214,705		4,103,013

				45,374,943

Total Energy				46,108,102

Financials (26.5%)
*Capital Markets (5.4%)*
Goldman Sachs Group, Inc.		61,575		8,902,513
Morgan Stanley		229,270		5,658,384
State Street Corp.		92,870		3,497,484
TD Ameritrade Holding Corp.*		118,200		1,908,930

				19,967,311

*Commercial Banks (6.5%)*
BB&T Corp.		160,909		3,874,689
Fifth Third BanCorp		131,200		1,578,336
North American Financial Holdings, Inc., Class A(b)*§†		110,140		2,092,660
U.S. Bancorp		122,090		2,639,586
Wells Fargo & Co.		553,835		13,917,873

				24,103,144

*Consumer Finance (0.8%)*
Capital One Financial Corp.		70,030		2,769,687

*Diversified Financial Services (5.4%)*
Bank of America Corp.		885,232		11,605,392
Citigroup, Inc.*		2,122,826		8,279,021

				19,884,413

*Insurance (7.0%)*
ACE Ltd.		81,260		4,733,395
Aflac, Inc.		100,703		5,207,352
Berkshire Hathaway, Inc., Class B*		45,400		3,753,672
Genworth Financial, Inc., Class A*		18,400		224,848
MetLife, Inc.		146,300		5,625,235
Prudential Financial, Inc.		78,538		4,255,189
RenaissanceReinsurance Holdings Ltd.		36,515		2,189,439

				25,989,130

*Real Estate Investment Trusts (REITs) (1.0%)*
Camden Property Trust (REIT)		7,600		364,572
Lexington Realty Trust (REIT)		206,900		1,481,404
Mack-Cali Realty Corp. (REIT)		13,300		435,043
ProLogis (REIT)		117,300		1,381,794

				3,662,813

*Thrifts & Mortgage Finance (0.4%)*
New York Community BanCorp., Inc.		93,300		1,516,125

Total Financials				97,892,623

Health Care (14.7%)
*Biotechnology (1.9%)*
Biogen Idec, Inc.*		66,900		3,754,428
Celgene Corp.*		57,160		3,292,988

				7,047,416

*Health Care Equipment & Supplies (0.6%)*
Covidien plc		53,660		2,156,595

*Health Care Providers & Services (3.3%)*
Aetna, Inc.		71,080		2,246,839
McKesson Corp.		14,680		906,930
UnitedHealth Group, Inc.		146,200		5,133,082

See Notes to Portfolio of Investments.

330

EQ ADVISORS TRUST

EQ/JPMORGAN VALUE OPPORTUNITIES PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
WellPoint, Inc.*		66,755	$	3,781,003

				12,067,854

*Life Sciences Tools & Services* (*0.3%*)
Thermo Fisher Scientific, Inc.*		26,500		1,268,820

*Pharmaceuticals* (*8.6%*)
Abbott Laboratories, Inc.		111,275		5,813,006
Johnson & Johnson		41,300		2,558,948
Merck & Co., Inc.		399,380		14,701,178
Pfizer, Inc.		509,795		8,753,180

				31,826,312

Total Health Care				54,366,997

Industrials (8.8%)
*Aerospace & Defense* (*1.7%*)
Honeywell International, Inc.		61,575		2,705,606
United Technologies Corp.		48,157		3,430,223

				6,135,829

*Industrial Conglomerates* (*1.4%*)
General Electric Co.		128,080		2,081,300
Tyco International Ltd.		85,110		3,126,090

				5,207,390

*Machinery (3.0%)*
Deere & Co.		50,600		3,530,868
Eaton Corp.		23,840		1,966,562
Joy Global, Inc.		20,370		1,432,418
Navistar International Corp.*		46,300		2,020,532
Parker Hannifin Corp.		33,420		2,341,405

				11,291,785

*Road & Rail (2.5%)*
Hertz Global Holdings, Inc.*		172,800		1,829,952
Norfolk Southern Corp.		86,195		5,129,465
Union Pacific Corp.		27,280		2,231,504

				9,190,921

*Trading Companies & Distributors (0.2%)*
GATX Corp.		24,200		709,544

Total Industrials				32,535,469

Information Technology (8.0%)
*Communications Equipment (1.2%)*
Cisco Systems, Inc.*		198,285		4,342,441

*Computers & Peripherals (1.2%)*
Hewlett-Packard Co.		104,680		4,403,888

*Electronic Equipment, Instruments & Components (0.4%)*
Corning, Inc.		87,171		1,593,486

*IT Services (1.3%)*
International Business Machines Corp.		25,600		3,433,984
Mastercard, Inc., Class A		5,200		1,164,800

				4,598,784

*Semiconductors & Semiconductor Equipment (1.4%)*
Broadcom Corp., Class A		20,500		725,495
Intersil Corp., Class A		140,500		1,642,445
Marvell Technology Group Ltd.*		109,000		1,908,590
Novellus Systems, Inc.*		29,900		794,742

				5,071,272

*Software (2.5%)*
Microsoft Corp.		381,435		9,341,343

Total Information Technology				29,351,214

Materials (3.9%)
*Chemicals (2.7%)*
Dow Chemical Co.		131,050	$	3,598,633
E.I. du Pont de Nemours & Co.		138,700		6,188,794

				9,787,427

*Metals & Mining (1.2%)*
Freeport-McMoRan Copper & Gold, Inc.		52,224		4,459,408

Total Materials				14,246,835

Telecommunication Services (3.4%)
*Diversified Telecommunication Services (2.5%)*
AT&T, Inc.		90,800		2,596,880
Verizon Communications, Inc.		207,850		6,773,832

				9,370,712

*Wireless Telecommunication Services (0.9%)*
Sprint Nextel Corp.*		726,000		3,361,380

Total Telecommunication Services				12,732,092

Utilities (3.9%)
*Electric Utilities (2.0%)*
Edison International		20,295		697,945
NextEra Energy, Inc.		74,300		4,041,177
NV Energy, Inc.		198,515		2,610,472

				7,349,594

*Multi-Utilities (1.2%)*
PG&E Corp.		38,300		1,739,586
SCANA Corp.		67,200		2,709,504

				4,449,090

*Water Utilities (0.7%)*
American Water Works Co., Inc.		115,900		2,696,993

Total Utilities				14,495,677

Total Common Stocks (99.8%) (Cost $334,888,171)				368,490,939


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Government Securities (0.7%)
Federal Farm Credit Bank
0.01%, 10/1/10 (o)(p)	$	1,205,000		1,204,999
Federal Home Loan Bank
0.01%, 10/1/10 (o)(p)		1,200,000		1,200,000

Total Government Securities				2,404,999

Total Short-Term Investments (0.7%) (Cost/Amortized Cost $2,405,000)				2,404,999

Total Investments (100.5%) (Cost $337,293,171)				370,895,938
Other Assets Less Liabilities (-0.5%)				(1,801,534	)

Net Assets (100%)			$	369,094,404

See Notes to Portfolio of Investments.

331

EQ ADVISORS TRUST

EQ/JPMORGAN VALUE OPPORTUNITIES PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

*	Non-income producing.

†	Securities (totaling $2,092,660 or 0.6% of net assets) at fair value by management.

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2010, the market value of these securities amounted to $2,092,660 or 0.6% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied upon when determining liquidity.

(b)

Illiquid Security.

(o)

Discount Note Security. Effective rate calculated as of September 30, 2010.

(p)

Yield to maturity.

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	36,670,756	$	—	$	—	$	36,670,756
Consumer Staples		30,091,174		—		—		30,091,174
Energy		46,108,102		—		—		46,108,102
Financials		95,799,963		—		2,092,660		97,892,623
Health Care		54,366,997		—		—		54,366,997
Industrials		32,535,469		—		—		32,535,469
Information Technology		29,351,214		—		—		29,351,214
Materials		14,246,835		—		—		14,246,835
Telecommunication Services		12,732,092		—		—		12,732,092
Utilities		14,495,677		—		—		14,495,677
Short-Term Investments		—		2,404,999		—		2,404,999

Total Assets	$	366,398,279	$	2,404,999	$	2,092,660	$	370,895,938

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	366,398,279	$	2,404,999	$	2,092,660	$	370,895,938

See Notes to Portfolio of Investments.

332

EQ ADVISORS TRUST

EQ/JPMORGAN VALUE OPPORTUNITIES PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities-Financials
Balance as of 12/31/09	$	1,826,000
Total gains or losses (realized/unrealized) included in earnings		(110,140	)
Purchases, sales, issuances, and settlements (net)		376,800
Transfers into Level 3		—
Transfers out of Level 3		—

Balance as of 9/30/10	$	2,092,660

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	(110,140	)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	192,511,586
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	187,195,923

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	30,780,103
Aggregate gross unrealized depreciation		(8,228,813	)

Net unrealized appreciation	$	22,551,290

Federal income tax cost of investments	$	348,344,648

See Notes to Portfolio of Investments.

333

EQ ADVISORS TRUST

EQ/LARGE CAP CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (7.7%)
*Auto Components (1.1%)*
Goodyear Tire & Rubber Co.*		5,059	$	54,384
Johnson Controls, Inc.		210,626		6,424,093

				6,478,477

*Automobiles (0.2%)*
Ford Motor Co.*		80,643		987,070
Harley-Davidson, Inc.		5,241		149,054

				1,136,124

*Distributors (0.0%)*
Genuine Parts Co.		3,714		165,607

*Diversified Consumer Services (0.0%)*
Apollo Group, Inc., Class A*		3,153		161,907
DeVry, Inc.		1,324		65,154
H&R Block, Inc.		7,436		96,296

				323,357

*Hotels, Restaurants & Leisure (0.7%)*
Carnival Corp.		10,082		385,233
Darden Restaurants, Inc.		3,068		131,249
International Game Technology		6,623		95,702
Marriott International, Inc., Class A		6,621		237,231
McDonald’s Corp.		25,081		1,868,785
Starbucks Corp.		17,395		444,964
Starwood Hotels & Resorts Worldwide, Inc.		4,429		232,744
Wyndham Worldwide Corp.		4,544		124,824
Wynn Resorts Ltd.		1,723		149,505
Yum! Brands, Inc.		10,956		504,633

				4,174,870

*Household Durables (0.2%)*
D.R. Horton, Inc.		5,980		66,498
Fortune Brands, Inc.		3,807		187,419
Harman International Industries, Inc.*		1,808		60,405
Leggett & Platt, Inc.		3,933		89,515
Lennar Corp., Class A		3,457		53,169
Newell Rubbermaid, Inc.		5,985		106,593
Pulte Group, Inc.*		8,100		70,956
Stanley Black & Decker, Inc.		3,859		236,479
Whirlpool Corp.		1,741		140,951

				1,011,985

*Internet & Catalog Retail (0.3%)*
Amazon.com, Inc.*		8,304		1,304,226
Expedia, Inc.		4,655		131,318
priceline.com, Inc.*		1,126		392,231

				1,827,775

*Leisure Equipment & Products (0.1%)*
Eastman Kodak Co.*		5,068		21,286
Hasbro, Inc.		3,187		141,853
Mattel, Inc.		8,476		198,847

				361,986

*Media (2.5%)*
CBS Corp., Class B		15,426		244,656
Comcast Corp., Class A		66,678		1,205,538
DIRECTV, Class A*		20,426		850,334
Discovery Communications, Inc., Class A*		6,900		300,495
Gannett Co., Inc.		6,051		74,004
Interpublic Group of Cos., Inc.*		12,436		124,733
McGraw-Hill Cos., Inc.		7,291		241,041
Meredith Corp.		1,108		36,908
New York Times Co., Class A*		3,022		23,390
News Corp., Class A		53,644	$	700,591
Omnicom Group, Inc.		7,028		277,465
Scripps Networks Interactive, Inc., Class A		2,352		111,908
Time Warner Cable, Inc.		8,477		457,673
Time Warner, Inc.		26,705		818,508
Viacom, Inc., Class B		217,875		7,884,896
Walt Disney Co.		45,070		1,492,268
Washington Post Co., Class B		143		57,116

				14,901,524

*Multiline Retail (0.3%)*
Big Lots, Inc.*		1,777		59,085
Family Dollar Stores, Inc.		3,051		134,732
J.C. Penney Co., Inc.		5,223		141,961
Kohl’s Corp.*		7,138		376,030
Macy’s, Inc.		9,603		221,733
Nordstrom, Inc.		3,724		138,533
Sears Holdings Corp.*		1,043		75,242
Target Corp.		17,001		908,534

				2,055,850

*Specialty Retail (2.1%)*
Abercrombie & Fitch Co., Class A		1,837		72,231
AutoNation, Inc.*		1,483		34,480
AutoZone, Inc.*		689		157,719
Bed Bath & Beyond, Inc.*		6,163		267,536
Best Buy Co., Inc.		8,144		332,520
CarMax, Inc.*		5,248		146,209
GameStop Corp., Class A*		3,257		64,195
Gap, Inc.		10,566		196,950
Home Depot, Inc.		39,550		1,252,944
Limited Brands, Inc.		5,960		159,609
Lowe’s Cos., Inc.		371,822		8,287,912
Office Depot, Inc.*		7,871		36,207
O’Reilly Automotive, Inc.*		3,172		168,750
RadioShack Corp.		2,519		53,730
Ross Stores, Inc.		2,700		147,474
Staples, Inc.		16,719		349,762
Tiffany & Co.		3,187		149,757
TJX Cos., Inc.		9,624		429,519
Urban Outfitters, Inc.*		3,300		103,752

				12,411,256

*Textiles, Apparel & Luxury Goods (0.2%)*
Coach, Inc.		7,278		312,663
NIKE, Inc., Class B		9,240		740,494
Polo Ralph Lauren Corp.		1,484		133,352
VF Corp.		2,036		164,957

				1,351,466

Total Consumer Discretionary				46,200,277

Consumer Staples (8.1%)
*Beverages (4.6%)*
Brown-Forman Corp., Class B		2,558		157,675
Coca-Cola Co.		167,457		9,799,584
Coca-Cola Enterprises, Inc.		7,819		242,389
Constellation Brands, Inc., Class A*		4,175		73,856
Dr. Pepper Snapple Group, Inc.		5,783		205,412
Molson Coors Brewing Co., Class B		54,955		2,594,975
PepsiCo, Inc.		215,952		14,347,851

				27,421,742

*Food & Staples Retailing (1.0%)*
Costco Wholesale Corp.		10,294		663,860
CVS Caremark Corp.		32,031		1,008,015
Kroger Co.		14,754		319,572

See Notes to Portfolio of Investments.

334

EQ ADVISORS TRUST

EQ/LARGE CAP CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Safeway, Inc.		8,680	$	183,669
SUPERVALU, Inc.		4,449		51,297
Sysco Corp.		13,825		394,289
Walgreen Co.		23,029		771,471
Wal-Mart Stores, Inc.		47,132		2,522,505
Whole Foods Market, Inc.*		3,443		127,770

				6,042,448

*Food Products (0.8%)*
Archer-Daniels-Midland Co.		15,058		480,651
Campbell Soup Co.		4,405		157,479
ConAgra Foods, Inc.		10,276		225,455
Dean Foods Co.*		4,774		48,743
General Mills, Inc.		15,134		552,996
H.J. Heinz Co.		7,329		347,175
Hershey Co.		3,639		173,180
Hormel Foods Corp.		1,631		72,743
J.M. Smucker Co.		2,972		179,895
Kellogg Co.		6,135		309,879
Kraft Foods, Inc., Class A		40,819		1,259,674
McCormick & Co., Inc. (Non-Voting)		3,392		142,600
Mead Johnson Nutrition Co.		4,814		273,965
Sara Lee Corp.		15,594		209,427
Tyson Foods, Inc., Class A		7,573		121,319

				4,555,181

*Household Products (0.9%)*
Clorox Co.		3,151		210,361
Colgate-Palmolive Co.		11,469		881,507
Kimberly-Clark Corp.		9,583		623,374
Procter & Gamble Co.		66,888		4,011,273

				5,726,515

*Personal Products (0.1%)*
Avon Products, Inc.		10,030		322,063
Estee Lauder Cos., Inc., Class A		2,690		170,089

				492,152

*Tobacco (0.7%)*
Altria Group, Inc.		48,846		1,173,281
Lorillard, Inc.		3,494		280,603
Philip Morris International, Inc.		43,191		2,419,560
Reynolds American, Inc.		3,979		236,313

				4,109,757

Total Consumer Staples				48,347,795

Energy (9.0%)
*Energy Equipment & Services (0.8%)*
Baker Hughes, Inc.		10,071		429,025
Cameron International Corp.*		5,708		245,216
Diamond Offshore Drilling, Inc.		1,622		109,923
FMC Technologies, Inc.*		2,828		193,124
Halliburton Co.		21,640		715,635
Helmerich & Payne, Inc.		2,437		98,601
Nabors Industries Ltd.*		6,307		113,904
National Oilwell Varco, Inc.		9,837		437,451
Rowan Cos., Inc.*		2,677		81,274
Schlumberger Ltd.		32,246		1,986,676

				4,410,829

*Oil, Gas & Consumable Fuels (8.2%)*
Anadarko Petroleum Corp.		11,779		671,992
Apache Corp.		8,583		839,074
Cabot Oil & Gas Corp.		2,677		80,604
Chesapeake Energy Corp.		14,965		338,957
Chevron Corp.		47,319		3,835,205
ConocoPhillips		230,586		13,242,554
Consol Energy, Inc.		5,253		194,151
Denbury Resources, Inc.*		9,804		155,786
Devon Energy Corp.		10,251	$	663,650
El Paso Corp.		17,248		213,530
EOG Resources, Inc.		5,910		549,453
EQT Corp.		3,630		130,898
Exxon Mobil Corp.		119,988		7,414,059
Hess Corp.		6,813		402,785
Marathon Oil Corp.		237,500		7,861,250
Massey Energy Co.		2,206		68,430
Murphy Oil Corp.		4,507		279,073
Noble Energy, Inc.		4,075		305,992
Occidental Petroleum Corp.		125,671		9,840,039
Peabody Energy Corp.		6,163		302,049
Pioneer Natural Resources Co.		2,805		182,409
QEP Resources, Inc.		4,001		120,590
Range Resources Corp.		3,731		142,263
Southwestern Energy Co.*		7,951		265,881
Spectra Energy Corp.		15,252		343,933
Sunoco, Inc.		2,813		102,674
Tesoro Corp.		2,711		36,219
Valero Energy Corp.		12,893		225,756
Williams Cos., Inc.		14,290		273,082

				49,082,338

Total Energy				53,493,167

Financials (11.1%)
*Capital Markets (1.8%)*
Ameriprise Financial, Inc.		5,916		280,004
Bank of New York Mellon Corp.		28,359		741,021
BlackRock, Inc.		7,750		1,319,438
Charles Schwab Corp.		23,107		321,187
ETRADE Financial Corp.		4,040		58,742
Federated Investors, Inc., Class B		2,020		45,975
Franklin Resources, Inc.		3,452		369,019
Goldman Sachs Group, Inc.		37,966		5,489,124
Invesco Ltd.		11,023		234,018
Janus Capital Group, Inc.		4,964		54,356
Legg Mason, Inc.		4,042		122,513
Morgan Stanley		32,883		811,552
Northern Trust Corp.		5,918		285,484
State Street Corp.		11,664		439,266
T. Rowe Price Group, Inc.		6,255		313,157

				10,884,856

*Commercial Banks (3.5%)*
BB&T Corp.		113,618		2,735,921
Comerica, Inc.		4,095		152,129
Fifth Third Bancorp		19,254		231,626
First Horizon National Corp.*		6,139		70,047
Huntington Bancshares, Inc./Ohio		15,765		89,387
KeyCorp		19,756		157,258
M&T Bank Corp.		2,053		167,956
Marshall & Ilsley Corp.		13,301		93,639
PNC Financial Services Group, Inc.		12,306		638,804
Regions Financial Corp.		27,401		199,205
SunTrust Banks, Inc.		12,048		311,200
U.S. Bancorp		271,972		5,880,035
Wells Fargo & Co.		402,782		10,121,912
Zions Bancorp		3,984		85,098

				20,934,217

*Consumer Finance (0.3%)*
American Express Co.		24,668		1,036,796
Capital One Financial Corp.		10,569		418,004
Discover Financial Services		13,342		222,545
SLM Corp.*		12,078		139,501

				1,816,846

See Notes to Portfolio of Investments.

335

EQ ADVISORS TRUST

EQ/LARGE CAP CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Diversified Financial Services (1.7%)*
Bank of America Corp.		235,828	$	3,091,705
Citigroup, Inc.*		558,637		2,178,684
CME Group, Inc.		1,576		410,469
IntercontinentalExchange, Inc.*		1,792		187,658
JPMorgan Chase & Co.		93,637		3,564,761
Leucadia National Corp.*		4,836		114,226
Moody’s Corp.		4,650		116,157
NASDAQ OMX Group, Inc.*		3,874		75,272
NYSE Euronext		5,841		166,878

				9,905,810

*Insurance (3.2%)*
ACE Ltd.		7,905		460,466
Aflac, Inc.		111,317		5,756,202
Allstate Corp.		12,585		397,057
American International Group, Inc.*		3,166		123,791
Aon Corp.		108,550		4,245,390
Assurant, Inc.		2,632		107,122
Berkshire Hathaway, Inc., Class B*		40,707		3,365,655
Chubb Corp.		7,487		426,684
Cincinnati Financial Corp.		3,836		110,669
Genworth Financial, Inc., Class A*		11,977		146,359
Hartford Financial Services Group, Inc.		10,208		234,273
Lincoln National Corp.		7,395		176,888
Loews Corp.		7,491		283,909
Marsh & McLennan Cos., Inc.		12,955		312,475
MetLife, Inc.		21,304		819,139
Principal Financial Group, Inc.		7,728		200,310
Progressive Corp.		15,780		329,329
Prudential Financial, Inc.		11,057		599,068
Torchmark Corp.		1,905		101,232
Travelers Cos., Inc.		11,066		576,538
Unum Group		7,701		170,577
XL Group plc		8,054		174,450

				19,117,583

*Real Estate Investment Trusts (REITs) (0.6%)*
Apartment Investment & Management Co. (REIT), Class A		2,337		49,965
AvalonBay Communities, Inc. (REIT)		1,998		207,652
Boston Properties, Inc. (REIT)		3,272		271,969
Equity Residential (REIT)		6,550		311,584
HCP, Inc. (REIT)		7,297		262,546
Health Care REIT, Inc. (REIT)		3,156		149,405
Host Hotels & Resorts, Inc. (REIT)		15,957		231,057
Kimco Realty Corp. (REIT)		10,152		159,894
Plum Creek Timber Co., Inc. (REIT)		3,776		133,293
ProLogis (REIT)		11,735		138,238
Public Storage (REIT)		3,198		310,334
Simon Property Group, Inc. (REIT)		6,822		632,672
Ventas, Inc. (REIT)		3,652		188,334
Vornado Realty Trust (REIT)		3,823		326,981

				3,373,924

*Real Estate Management & Development (0.0%)*
CB Richard Ellis Group, Inc., Class A*		6,787		124,066

*Thrifts & Mortgage Finance (0.0%)*
Hudson City Bancorp, Inc.		12,020		147,365
People’s United Financial, Inc.		8,569		112,169

				259,534

Total Financials				66,416,836

Health Care (10.2%)
*Biotechnology (0.6%)*
Amgen, Inc.*		22,547	$	1,242,565
Biogen Idec, Inc.*		5,693		319,491
Celgene Corp.*		10,803		622,361
Cephalon, Inc.*		1,739		108,583
Genzyme Corp.*		6,005		425,094
Gilead Sciences, Inc.*		19,738		702,871

				3,420,965

*Health Care Equipment & Supplies (1.3%)*
Baxter International, Inc.		13,897		663,026
Becton, Dickinson and Co.		5,408		400,733
Boston Scientific Corp.*		36,731		225,161
C.R. Bard, Inc.		2,220		180,775
CareFusion Corp.*		4,438		110,240
Covidien plc		87,295		3,508,386
DENTSPLY International, Inc.		3,366		107,611
Hospira, Inc.*		4,017		229,009
Intuitive Surgical, Inc.*		894		253,663
Medtronic, Inc.		25,447		854,510
St. Jude Medical, Inc.*		7,512		295,522
Stryker Corp.		7,946		397,697
Varian Medical Systems, Inc.*		2,866		173,393
Zimmer Holdings, Inc.*		4,778		250,033

				7,649,759

*Health Care Providers & Services (0.8%)*
Aetna, Inc.		10,192		322,169
AmerisourceBergen Corp.		6,572		201,497
Cardinal Health, Inc.		8,275		273,406
CIGNA Corp.		6,425		229,886
Coventry Health Care, Inc.*		3,821		82,266
DaVita, Inc.*		2,593		178,995
Express Scripts, Inc.*		12,706		618,782
Humana, Inc.*		3,850		193,424
Laboratory Corp. of America Holdings*		2,335		183,134
McKesson Corp.		6,161		380,627
Medco Health Solutions, Inc.*		10,210		531,533
Patterson Cos., Inc.		2,560		73,344
Quest Diagnostics, Inc.		3,497		176,494
Tenet Healthcare Corp.*		11,628		54,884
UnitedHealth Group, Inc.		26,754		939,333
WellPoint, Inc.*		9,408		532,869

				4,972,643

*Health Care Technology (0.0%)*
Cerner Corp.*		1,700		142,783

*Life Sciences Tools & Services (0.1%)*
Life Technologies Corp.*		4,278		199,740
PerkinElmer, Inc.		2,395		55,420
Thermo Fisher Scientific, Inc.*		9,579		458,643
Waters Corp.*		2,169		153,522

				867,325

*Pharmaceuticals (7.4%)*
Abbott Laboratories, Inc.		36,528		1,908,223
Allergan, Inc.		7,414		493,253
Bristol-Myers Squibb Co.		40,318		1,093,021
Eli Lilly and Co.		23,766		868,172
Forest Laboratories, Inc.*		7,074		218,799
Johnson & Johnson		64,886		4,020,337
King Pharmaceuticals, Inc.*		5,074		50,537
Merck & Co., Inc.		342,746		12,616,480
Mylan, Inc.*		6,800		127,908
Pfizer, Inc.		795,818		13,664,195

See Notes to Portfolio of Investments.

336

EQ ADVISORS TRUST

EQ/LARGE CAP CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Sanofi-Aventis S.A. (ADR)		269,300	$	8,954,225
Watson Pharmaceuticals, Inc.*		2,730		115,506

				44,130,656

Total Health Care				61,184,131

Industrials (6.4%)
*Aerospace & Defense (2.2%)*
Boeing Co.		17,242		1,147,283
General Dynamics Corp.		9,079		570,252
Goodrich Corp.		2,954		217,798
Honeywell International, Inc.		167,936		7,379,108
ITT Corp.		4,530		212,140
L-3 Communications Holdings, Inc.		2,724		196,864
Lockheed Martin Corp.		7,005		499,316
Northrop Grumman Corp.		7,089		429,806
Precision Castparts Corp.		3,347		426,241
Raytheon Co.		8,872		405,539
Rockwell Collins, Inc.		3,705		215,816
United Technologies Corp.		22,000		1,567,060

				13,267,223

*Air Freight & Logistics (0.5%)*
C.H. Robinson Worldwide, Inc.		3,865		270,240
Expeditors International of Washington, Inc.		5,247		242,569
FedEx Corp.		7,326		626,373
United Parcel Service, Inc., Class B		23,381		1,559,279

				2,698,461

*Airlines (0.0%)*
Southwest Airlines Co.		17,520		228,986

*Building Products (0.0%)*
Masco Corp.		7,867		86,616

*Commercial Services & Supplies (0.2%)*
Avery Dennison Corp.		2,855		105,978
Cintas Corp.		3,520		96,976
Iron Mountain, Inc.		4,672		104,372
Pitney Bowes, Inc.		5,357		114,533
R.R. Donnelley & Sons Co.		5,256		89,142
Republic Services, Inc.		7,572		230,870
Stericycle, Inc.*		1,992		138,404
Waste Management, Inc.		11,369		406,328

				1,286,603

*Construction & Engineering (0.1%)*
Fluor Corp.		4,036		199,903
Jacobs Engineering Group, Inc.*		3,074		118,964
Quanta Services, Inc.*		5,299		101,105

				419,972

*Electrical Equipment (0.2%)*
Emerson Electric Co.		17,787		936,664
Rockwell Automation, Inc.		3,540		218,524
Roper Industries, Inc.		2,400		156,432

				1,311,620

*Industrial Conglomerates (1.3%)*
3M Co.		16,731		1,450,745
General Electric Co.		251,334		4,084,178
Textron, Inc.		78,374		1,611,369
Tyco International Ltd.		11,985		440,209

				7,586,501

*Machinery (1.5%)*
Caterpillar, Inc.		64,709		5,091,304
Cummins, Inc.		4,696		425,364
Danaher Corp.		12,491		507,259
Deere & Co.		9,928		692,776
Dover Corp.		4,629	$	241,680
Eaton Corp.		3,914		322,866
Flowserve Corp.		1,419		155,267
Illinois Tool Works, Inc.		11,764		553,143
PACCAR, Inc.		8,795		423,479
Pall Corp.		3,012		125,420
Parker Hannifin Corp.		3,773		264,336
Snap-On, Inc.		1,615		75,114

				8,878,008

*Professional Services (0.0%)*
Dun & Bradstreet Corp.		1,300		96,382
Equifax, Inc.		3,311		103,303
Robert Half International, Inc.		3,846		99,996

				299,681

*Road & Rail (0.3%)*
CSX Corp.		9,075		502,029
Norfolk Southern Corp.		8,748		520,594
Ryder System, Inc.		1,081		46,234
Union Pacific Corp.		11,845		968,921

				2,037,778

*Trading Companies & Distributors (0.1%)*
Fastenal Co.		3,437		182,814
W.W. Grainger, Inc.		1,368		162,942

				345,756

Total Industrials				38,447,205

Information Technology (12.5%)
*Communications Equipment (3.2%)*
Cisco Systems, Inc.*		462,172		10,121,567
Harris Corp.		3,293		145,847
JDS Uniphase Corp.*		4,607		57,081
Juniper Networks, Inc.*		12,252		371,848
Motorola, Inc.*		55,538		473,739
QUALCOMM, Inc.		174,226		7,861,077
Tellabs, Inc.		8,043		59,920

				19,091,079

*Computers & Peripherals (1.8%)*
Apple, Inc.*		21,511		6,103,746
Dell, Inc.*		39,869		516,702
EMC Corp.*		48,147		977,866
Hewlett-Packard Co.		53,439		2,248,179
Lexmark International, Inc., Class A*		1,663		74,203
NetApp, Inc.*		8,318		414,153
QLogic Corp.*		2,188		38,596
SanDisk Corp.*		5,483		200,952
Western Digital Corp.*		5,210		147,912

				10,722,309

*Electronic Equipment, Instruments & Components (0.2%)*
Agilent Technologies, Inc.*		8,461		282,344
Amphenol Corp., Class A		4,245		207,920
Corning, Inc.		37,093		678,060
FLIR Systems, Inc.*		3,902		100,281
Jabil Circuit, Inc.		4,032		58,101
Molex, Inc.		3,608		75,516

				1,402,222

*Internet Software & Services (0.8%)*
Akamai Technologies, Inc.*		4,274		214,469
eBay, Inc.*		27,041		659,800
Google, Inc., Class A*		5,849		3,075,346
Monster Worldwide, Inc.*		2,539		32,906
VeriSign, Inc.*		4,103		130,229
Yahoo!, Inc.*		31,437		445,462

				4,558,212

See Notes to Portfolio of Investments.

337

EQ ADVISORS TRUST

EQ/LARGE CAP CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*IT Services (1.8%)*
Accenture plc, Class A		75,100	$	3,190,999
Automatic Data Processing, Inc.		11,764		494,441
Cognizant Technology Solutions Corp., Class A*		7,015		452,257
Computer Sciences Corp.		3,844		176,824
Fidelity National Information Services, Inc.		6,016		163,214
Fiserv, Inc.*		3,430		184,603
International Business Machines Corp.		29,722		3,986,909
Mastercard, Inc., Class A		2,283		511,392
Paychex, Inc.		7,942		218,326
SAIC, Inc.*		6,600		105,468
Teradata Corp.*		4,163		160,525
Total System Services, Inc.		3,908		59,558
Visa, Inc., Class A		11,642		864,535
Western Union Co.		15,556		274,874

				10,843,925

*Office Electronics (0.1%)*
Xerox Corp.		31,866		329,813

*Semiconductors & Semiconductor Equipment (2.0%)*
Advanced Micro Devices, Inc.*		14,289		101,595
Altera Corp.		6,916		208,586
Analog Devices, Inc.		7,381		231,616
Applied Materials, Inc.		32,469		379,238
Broadcom Corp., Class A		10,424		368,905
First Solar, Inc.*		1,236		182,125
Intel Corp.		130,875		2,516,726
KLA-Tencor Corp.		3,712		130,774
Linear Technology Corp.		5,201		159,827
LSI Corp.*		16,859		76,877
MEMC Electronic Materials, Inc.*		6,015		71,699
Microchip Technology, Inc.		4,168		131,084
Micron Technology, Inc.*		20,880		150,545
National Semiconductor Corp.		4,887		62,407
Novellus Systems, Inc.*		2,172		57,732
NVIDIA Corp.*		13,505		157,738
Teradyne, Inc.*		3,450		38,433
Texas Instruments, Inc.		254,403		6,904,497
Xilinx, Inc.		6,412		170,623

				12,101,027

*Software (2.6%)*
Adobe Systems, Inc.*		12,250		320,338
Autodesk, Inc.*		5,058		161,704
BMC Software, Inc.*		4,003		162,041
CA, Inc.		9,192		194,135
Citrix Systems, Inc.*		4,258		290,566
Compuware Corp.*		6,483		55,300
Electronic Arts, Inc.*		8,129		133,560
Intuit, Inc.*		6,662		291,862
McAfee, Inc.*		3,562		168,340
Microsoft Corp.		420,942		10,308,870
Novell, Inc.*		9,685		57,819
Oracle Corp.		91,201		2,448,747
Red Hat, Inc.*		4,452		182,532
Salesforce.com, Inc.*		2,719		303,984
Symantec Corp.*		18,339		278,203

				15,358,001

Total Information Technology				74,406,588

Materials (2.8%)
*Chemicals (0.8%)*
Air Products & Chemicals, Inc.		4,998		413,934
Airgas, Inc.		1,755	$	119,252
CF Industries Holdings, Inc.		1,647		157,289
Dow Chemical Co.		27,308		749,878
E.I. du Pont de Nemours & Co.		21,166		944,427
Eastman Chemical Co.		1,668		123,432
Ecolab, Inc.		5,501		279,121
FMC Corp.		1,684		115,202
International Flavors & Fragrances, Inc.		1,872		90,829
Monsanto Co.		12,690		608,232
PPG Industries, Inc.		3,829		278,751
Praxair, Inc.		7,134		643,915
Sherwin-Williams Co.		2,108		158,395
Sigma-Aldrich Corp.		2,857		172,506

				4,855,163

*Construction Materials (0.0%)*
Vulcan Materials Co.		2,953		109,025

*Containers & Packaging (0.1%)*
Ball Corp.		2,173		127,881
Bemis Co., Inc.		2,567		81,502
Owens-Illinois, Inc.*		4,196		117,740
Pactiv Corp.*		3,172		104,613
Sealed Air Corp.		4,251		95,562

				527,298

*Metals & Mining (1.8%)*
AK Steel Holding Corp.		2,129		29,402
Alcoa, Inc.		23,378		283,108
Allegheny Technologies, Inc.		2,470		114,732
Cliffs Natural Resources, Inc.		3,200		204,544
Freeport-McMoRan Copper & Gold, Inc.		11,086		946,634
Newmont Mining Corp.		133,524		8,386,642
Nucor Corp.		7,417		283,329
Titanium Metals Corp.*		2,489		49,680
United States Steel Corp.		3,218		141,077

				10,439,148

*Paper & Forest Products (0.1%)*
International Paper Co.		9,942		216,238
MeadWestvaco Corp.		4,407		107,443
Weyerhaeuser Co.		12,607		198,686

				522,367

Total Materials				16,453,001

Telecommunication Services (2.5%)
*Diversified Telecommunication Services (1.2%)*
AT&T, Inc.		139,074		3,977,516
CenturyLink, Inc.		7,370		290,820
Frontier Communications Corp.		23,031		188,163
Qwest Communications International, Inc.		40,195		252,023
Verizon Communications, Inc.		66,656		2,172,319
Windstream Corp.		11,881		146,018

				7,026,859

*Wireless Telecommunication Services (1.3%)*
American Tower Corp., Class A*		9,410		482,357
MetroPCS Communications, Inc.*		7,211		75,427
Sprint Nextel Corp.*		69,892		323,600
Vodafone Group plc (ADR)		276,518		6,860,411

				7,741,795

Total Telecommunication Services				14,768,654

See Notes to Portfolio of Investments.

338

EQ ADVISORS TRUST

EQ/LARGE CAP CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Utilities (1.5%)
*Electric Utilities (0.8%)*
Allegheny Energy, Inc.		3,991	$	97,859
American Electric Power Co., Inc.		11,157		404,218
Duke Energy Corp.		30,650		542,812
Edison International		8,003		275,223
Entergy Corp.		4,456		341,018
Exelon Corp.		15,499		659,947
FirstEnergy Corp.		7,175		276,524
NextEra Energy, Inc.		9,652		524,972
Northeast Utilities		4,142		122,479
Pepco Holdings, Inc.		5,030		93,558
Pinnacle West Capital Corp.		2,422		99,956
PPL Corp.		11,026		300,238
Progress Energy, Inc.		6,835		303,611
Southern Co.		19,499		726,143

				4,768,558

*Gas Utilities (0.0%)*
Nicor, Inc.		1,066		48,844
Oneok, Inc.		2,700		121,608

				170,452

*Independent Power Producers & Energy Traders (0.1%)*
AES Corp.*		16,421		186,379
Constellation Energy Group, Inc.		4,688		151,141
NRG Energy, Inc.*		6,200		129,084

				466,604

*Multi-Utilities (0.6%)*
Ameren Corp.		5,608		159,267
CenterPoint Energy, Inc.		10,183		160,077
CMS Energy Corp.		5,254		94,677
Consolidated Edison, Inc.		6,873		331,416
Dominion Resources, Inc.		13,801		602,552
DTE Energy Co.		3,839		176,325
Integrys Energy Group, Inc.		1,813		94,385
NiSource, Inc.		6,334		110,211
PG&E Corp.		9,103		413,458
Public Service Enterprise Group, Inc.		11,908		393,917
SCANA Corp.		2,669		107,614
Sempra Energy		6,027		324,253
TECO Energy, Inc.		5,035		87,206
Wisconsin Energy Corp.		2,751		159,008
Xcel Energy, Inc.		11,306		259,699

				3,474,065

Total Utilities				8,879,679

Total Common Stocks (71.8%) (Cost $346,849,738)				428,597,333

INVESTMENT COMPANIES:
*Exchange Traded Funds (ETFs)(9.5%)*
iShares Morningstar Large Core Index Fund		53,147		3,417,352
iShares Morningstar Large Growth Index Fund		65,498		3,840,803
iShares Morningstar Large Value Index Fund		73,163		4,004,211
iShares NYSE 100 Index Fund		5,536		304,017
iShares Russell 1000 Growth Index Fund		9,397		482,724
iShares Russell 1000 Index Fund		81,502		5,146,851
iShares Russell 1000 Value Index Fund		149,525		8,820,480
iShares S&P 100 Index Fund		94,215	$	4,852,072
iShares S&P 500 Growth Index Fund		38,648		2,294,532
iShares S&P 500 Index Fund		140,455		16,080,693
iShares S&P 500 Value Index Fund		118,146		6,409,420
Vanguard Value ETF		29,500		1,436,650

Total Investment Companies (9.5%) (Cost $46,070,267)				57,089,805


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Short-Term Investment (16.3%)
BlackRock Liquidity Funds TempFund
0.23% ‡	$	97,388,082		97,388,082

Time Deposit (0.9%)
JPMorgan Chase Nassau
0.000%, 10/1/10		5,080,671		5,080,671

Total Short-Term Investments (17.2%) (Amortized Cost $102,468,753)				102,468,753

Total Investments (98.5%) (Cost/Amortized Cost $495,388,758)				588,155,891
Other Assets Less Liabilities (1.5%)				9,037,746

Net Assets (100%)			$	597,193,637

*	Non-Income producing.

‡	Affiliated company as defined under the Investment

Company Act of 1940.

Glossary:

ADR — American Depositary Receipt

See Notes to Portfolio of Investments.

339

EQ ADVISORS TRUST

EQ/LARGE CAP CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	—	$	157,146,399	$	59,758,317	$	97,388,082	$	72,196	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


Purchase	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
S&P 500 E-Mini Index		1,892		December-10	$	103,891,832	$	107,531,820	$	3,639,988

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	46,200,277	$	—	$	—	$	46,200,277
Consumer Staples		48,347,795		—		—		48,347,795
Energy		53,493,167		—		—		53,493,167
Financials		66,416,836		—		—		66,416,836
Health Care		61,184,131		—		—		61,184,131
Industrials		38,447,205		—		—		38,447,205
Information Technology		74,406,588		—		—		74,406,588
Materials		16,453,001		—		—		16,453,001
Telecommunication Services		14,768,654		—		—		14,768,654
Utilities		8,879,679		—		—		8,879,679
Futures		3,639,988		—		—		3,639,988
Investment Companies
Exchange Traded Funds (ETFs)		57,089,805		—		—		57,089,805
Short-Term Investments		—		102,468,753		—		102,468,753

Total Assets	$	489,327,126	$	102,468,753	$	—	$	591,795,879

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	489,327,126	$	102,468,753	$	—	$	591,795,879

See Notes to Portfolio of Investments.

340

EQ ADVISORS TRUST

EQ/LARGE CAP CORE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	94,740,995
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	217,576,803

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	91,064,588
Aggregate gross unrealized depreciation		(4,617,024	)

Net unrealized appreciation	$	86,447,564

Federal income tax cost of investments	$	501,708,327

See Notes to Portfolio of Investments.

341

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (14.6%)
*Auto Components* (*0.6%*)
Autoliv, Inc.		5,500	$	359,315
BorgWarner, Inc.*		20,554		1,081,551
Federal-Mogul Corp.*		790		14,939
Gentex Corp.		26,386		514,791
Goodyear Tire & Rubber Co.*		45,908		493,511
Johnson Controls, Inc.		120,120		3,663,660
Lear Corp.*		2,800		221,004
TRW Automotive Holdings Corp.*		10,012		416,099

				6,764,870

*Automobiles* (*0.8%*)
Ford Motor Co.*		631,500		7,729,560
Harley-Davidson, Inc.		44,500		1,265,580
Tesla Motors, Inc.*		2,010		40,723
Thor Industries, Inc.		6,286		209,952

				9,245,815

*Distributors* (*0.0%*)
LKQ Corp.*		27,027		562,162

*Diversified Consumer Services* (*0.3%*)
Apollo Group, Inc., Class A*		24,487		1,257,407
Career Education Corp.*		12,345		265,047
DeVry, Inc.		12,012		591,111
Education Management Corp.*		4,500		66,060
H&R Block, Inc.		25,740		333,333
Hillenbrand, Inc.		11,767		253,108
ITT Educational Services, Inc.*		6,504		457,036
Strayer Education, Inc.		2,712		473,244
Weight Watchers International, Inc.		6,224		194,127

				3,890,473

*Hotels, Restaurants & Leisure* (*3.3%*)
Bally Technologies, Inc.*		10,400		363,480
Brinker International, Inc.		16,906		318,847
Burger King Holdings, Inc.		17,338		414,031
Carnival Corp.		30,931		1,181,874
Chipotle Mexican Grill, Inc.*		5,973		1,027,356
Choice Hotels International, Inc.		323		11,777
Darden Restaurants, Inc.		26,603		1,138,076
International Game Technology		56,406		815,067
International Speedway Corp., Class A		1,900		46,360
Las Vegas Sands Corp.*		59,888		2,087,097
Marriott International, Inc., Class A		51,344		1,839,656
McDonald’s Corp.		203,748		15,181,263
MGM Resorts International*		8,336		94,030
Panera Bread Co., Class A*		5,858		519,077
Royal Caribbean Cruises Ltd.*		9,678		305,147
Starbucks Corp.		141,068		3,608,519
Starwood Hotels & Resorts Worldwide, Inc.		35,840		1,883,392
Wendy’s/Arby’s Group, Inc., Class A		23,858		108,077
WMS Industries, Inc.*		10,985		418,199
Wynn Resorts Ltd.		14,300		1,240,811
Yum! Brands, Inc.		88,464		4,074,652

				36,676,788

*Household Durables* (*0.3%*)
Fortune Brands, Inc.		3,500		172,305
Garmin Ltd.		1,268		38,484
Harman International Industries, Inc.*		6,197		207,042
Leggett & Platt, Inc.		16,550		376,678
Mohawk Industries, Inc.*		1,300		69,290
NVR, Inc.*		1,108	$	717,463
Tempur-Pedic International, Inc.*		13,700		424,700
Tupperware Brands Corp.		12,000		549,120
Whirlpool Corp.		6,100		493,856

				3,048,938

*Internet & Catalog Retail* (*1.4%*)
Amazon.com, Inc.*		66,236		10,403,026
Expedia, Inc.		15,959		450,203
Netflix, Inc.*		7,594		1,231,443
priceline.com, Inc.*		9,069		3,159,096

				15,243,768

*Leisure Equipment & Products* (*0.2%*)
Hasbro, Inc.		24,649		1,097,127
Mattel, Inc.		39,995		938,283

				2,035,410

*Media* (*1.8%*)
CBS Corp., Class B		15,300		242,658
DIRECTV, Class A*		167,948		6,991,675
Discovery Communications, Inc., Class A*		39,300		1,711,515
DreamWorks Animation SKG, Inc., Class A*		14,000		446,740
Interpublic Group of Cos., Inc.*		92,600		928,778
John Wiley & Sons, Inc., Class A		7,886		322,222
Lamar Advertising Co., Class A*		2,200		70,004
Madison Square Garden, Inc., Class A*		3,600		75,888
McGraw-Hill Cos., Inc.		41,882		1,384,619
Meredith Corp.		2,900		96,599
Morningstar, Inc.*		4,135		184,256
News Corp., Class A		90,400		1,180,624
Omnicom Group, Inc.		46,834		1,849,006
Regal Entertainment Group, Class A		3,486		45,736
Scripps Networks Interactive, Inc., Class A		16,932		805,625
Sirius XM Radio, Inc.*		735,700		882,840
Thomson Reuters Corp.		22,900		859,437
Time Warner, Inc.		44,400		1,360,860
Viacom, Inc., Class B		22,600		817,894

				20,256,976

*Multiline Retail* (*1.3%*)
Big Lots, Inc.*		15,372		511,119
Dollar General Corp.*		13,200		386,100
Dollar Tree, Inc.*		24,116		1,175,896
Family Dollar Stores, Inc.		25,527		1,127,272
J.C. Penney Co., Inc.		14,500		394,110
Kohl’s Corp.*		43,034		2,267,031
Macy’s, Inc.		7,900		182,411
Nordstrom, Inc.		31,643		1,177,120
Target Corp.		139,496		7,454,666

				14,675,725

*Specialty Retail* (*3.7%*)
Aaron’s, Inc.		7,625		140,681
Abercrombie & Fitch Co., Class A		12,785		502,706
Advance Auto Parts, Inc.		16,692		979,487
Aeropostale, Inc.*		17,678		411,014
American Eagle Outfitters, Inc.		9,066		135,627
AutoNation, Inc.*		4,215		97,999
AutoZone, Inc.*		5,314		1,216,428
Bed Bath & Beyond, Inc.*		49,859		2,164,379
Best Buy Co., Inc.		65,258		2,664,484
CarMax, Inc.*		42,296		1,178,367
Chico’s FAS, Inc.		33,792		355,492

See Notes to Portfolio of Investments.

342

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Dick’s Sporting Goods, Inc.*		16,937	$	474,913
Gap, Inc.		77,343		1,441,674
Guess?, Inc.		12,180		494,873
Home Depot, Inc.		320,577		10,155,879
J. Crew Group, Inc.*		10,400		349,648
Limited Brands, Inc.		50,588		1,354,747
Lowe’s Cos., Inc.		208,205		4,640,889
Office Depot, Inc.*		5,175		23,805
O’Reilly Automotive, Inc.*		26,111		1,389,105
PetSmart, Inc.		22,415		784,525
Ross Stores, Inc.		23,181		1,266,146
Staples, Inc.		138,126		2,889,596
Tiffany & Co.		23,936		1,124,753
TJX Cos., Inc.		77,223		3,446,463
Tractor Supply Co.		13,700		543,342
Urban Outfitters, Inc.*		23,114		726,704
Williams-Sonoma, Inc.		18,179		576,274

				41,530,000

*Textiles, Apparel & Luxury Goods (0.9%)*
Coach, Inc.		57,806		2,483,346
Fossil, Inc.*		10,000		537,900
Hanesbrands, Inc.*		18,067		467,213
NIKE, Inc., Class B		68,133		5,460,178
Phillips-Van Heusen Corp.		10,664		641,546
Polo Ralph Lauren Corp.		10,591		951,707

				10,541,890

Total Consumer Discretionary				164,472,815

Consumer Staples (10.0%)
*Beverages* (*2.8%*)
Brown-Forman Corp., Class B		15,091		930,209
Coca-Cola Co.		297,581		17,414,440
Coca-Cola Enterprises, Inc.		36,992		1,146,752
Dr. Pepper Snapple Group, Inc.		14,200		504,384
Hansen Natural Corp.*		10,543		491,515
PepsiCo, Inc.		175,616		11,667,927

				32,155,227

*Food & Staples Retailing* (*2.6%*)
BJ’s Wholesale Club, Inc.*		856		35,524
Costco Wholesale Corp.		83,466		5,382,722
CVS Caremark Corp.		28,545		898,311
Kroger Co.		6,900		149,454
Sysco Corp.		112,036		3,195,267
Walgreen Co.		168,787		5,654,365
Wal-Mart Stores, Inc.		233,370		12,489,962
Whole Foods Market, Inc.*		26,485		982,858

				28,788,463

*Food Products* (*0.9%*)
Campbell Soup Co.		20,895		746,996
ConAgra Foods, Inc.		8,500		186,490
Flowers Foods, Inc.		5,345		132,770
General Mills, Inc.		74,740		2,731,000
Green Mountain Coffee
Roasters, Inc.*		20,939		653,087
H.J. Heinz Co.		24,511		1,161,086
Hershey Co.		16,969		807,555
Kellogg Co.		43,628		2,203,650
McCormick & Co., Inc. (Non-Voting)		12,488		524,996
Mead Johnson Nutrition Co.		5,278		300,371
Sara Lee Corp.		89,182		1,197,714

				10,645,715

*Household Products* (*1.3%*)
Church & Dwight Co., Inc.		13,434		872,404
Clorox Co.		25,174		1,680,616
Colgate-Palmolive Co.		77,784	$	5,978,478
Kimberly-Clark Corp.		62,125		4,041,231
Procter & Gamble Co.		32,708		1,961,499

				14,534,228

*Personal Products* (*0.4%*)
Alberto-Culver Co.		3,592		135,239
Avon Products, Inc.		81,110		2,604,442
Estee Lauder Cos., Inc., Class A		20,937		1,323,847
Herbalife Ltd.		11,346		684,731

				4,748,259

*Tobacco* (*2.0%*)
Altria Group, Inc.		229,878		5,521,670
Philip Morris International, Inc.		295,302		16,542,818

				22,064,488

Total Consumer Staples				112,936,380

Energy (9.9%)
*Energy Equipment & Services* (*2.4%*)
Atwood Oceanics, Inc.*		2,117		64,463
Baker Hughes, Inc.		22,200		945,720
Cameron International Corp.*		26,433		1,135,562
Core Laboratories N.V.		8,500		748,340
Diamond Offshore Drilling, Inc.		4,285		290,394
Dresser-Rand Group, Inc.*		14,130		521,256
Exterran Holdings, Inc.*		1,207		27,411
FMC Technologies, Inc.*		23,016		1,571,763
Halliburton Co.		172,000		5,688,040
McDermott International, Inc.*		34,504		509,969
Nabors Industries Ltd.*		21,500		388,290
Oil States International, Inc.*		600		27,930
Pride International, Inc.*		13,180		387,887
Rowan Cos., Inc.*		2,677		81,274
Schlumberger Ltd.		225,827		13,913,201
Superior Energy Services, Inc.*		1,000		26,690
Weatherford International Ltd.*		56,400		964,440

				27,292,630

*Oil, Gas & Consumable Fuels* (*7.5%*)
Alpha Natural Resources, Inc.*		3,042		125,178
Arch Coal, Inc.		21,700		579,607
Atlas Energy, Inc.*		10,800		309,312
Chevron Corp.		20,200		1,637,210
Cimarex Energy Co.		15,900		1,052,262
Concho Resources, Inc.*		17,300		1,144,741
ConocoPhillips		107,900		6,196,697
Consol Energy, Inc.		19,591		724,083
Continental Resources, Inc.*		5,295		245,476
El Paso Corp.		24,457		302,778
EOG Resources, Inc.		48,000		4,462,560
EQT Corp.		26,213		945,241
EXCO Resources, Inc.		27,749		412,628
Exxon Mobil Corp.		886,886		54,800,686
Forest Oil Corp.*		13,703		406,979
Frontline Ltd.		8,000		227,440
Holly Corp.		5,636		162,035
Marathon Oil Corp.		35,800		1,184,980
Mariner Energy, Inc.*		1,377		33,365
Murphy Oil Corp.		4,300		266,256
Occidental Petroleum Corp.		31,200		2,442,960
Petrohawk Energy Corp.*		40,554		654,542
Quicksilver Resources, Inc.*		1,326		16,708
Range Resources Corp.		30,142		1,149,314
SandRidge Energy, Inc.*		39,900		226,632
SM Energy Co.		8,062		302,002
Southwestern Energy Co.*		65,572		2,192,728

See Notes to Portfolio of Investments.

343

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of		Value
	Shares		(Note 1)
Ultra Petroleum Corp.*		28,800	$	1,209,024
Whiting Petroleum Corp.*		700		66,857
Williams Cos., Inc.		45,500		869,505

				84,349,786

Total Energy				111,642,416

*Financials (4.6%)*
*Capital Markets* (*1.5%*)
Affiliated Managers Group, Inc.*		9,686		755,605
Ameriprise Financial, Inc.		9,819		464,733
BlackRock, Inc.		2,315		394,129
Charles Schwab Corp.		187,294		2,603,387
Eaton Vance Corp.		22,260		646,430
Federated Investors, Inc., Class B		11,430		260,147
Franklin Resources, Inc.		28,177		3,012,121
GLG Partners, Inc.*		22,401		100,804
Greenhill & Co., Inc.		5,643		447,603
Invesco Ltd.		26,822		569,431
Janus Capital Group, Inc.		3,129		34,263
Lazard Ltd., Class A		17,424		611,234
Morgan Stanley		84,149		2,076,797
Northern Trust Corp.		18,283		881,972
SEI Investments Co.		28,275		575,114
T. Rowe Price Group, Inc.		49,136		2,459,994
TD Ameritrade Holding Corp.*		44,143		712,909
Waddell & Reed Financial, Inc., Class A		16,279		445,393

				17,052,066

*Commercial Banks* (*0.0%*)
Bank of Hawaii Corp.		2,900		130,268

*Consumer Finance* (*0.8%*)
American Express Co.		198,586		8,346,570
Green Dot Corp., Class A*		750		36,360

				8,382,930

*Diversified Financial Services (0.3%)*
CBOE Holdings, Inc.		1,030		20,641
Interactive Brokers Group, Inc., Class A*		1,900		32,699
IntercontinentalExchange, Inc.*		14,075		1,473,934
Moody’s Corp.		38,802		969,274
MSCI, Inc., Class A*		20,791		690,469
NASDAQ OMX Group, Inc.*		2,455		47,701
NYSE Euronext		10,627		303,613

				3,538,331

*Insurance* (*0.9%*)
ACE Ltd.		9,800		570,850
Aflac, Inc.		84,070		4,347,260
Arch Capital Group Ltd.*		600		50,280
Arthur J. Gallagher & Co.		4,893		129,028
Axis Capital Holdings Ltd.		6,378		210,091
Brown & Brown, Inc.		11,396		230,085
Endurance Specialty Holdings Ltd.		953		37,929
Erie Indemnity Co., Class A		3,943		221,045
Genworth Financial, Inc., Class A*		17,036		208,180
Hartford Financial Services
Group, Inc.		7,000		160,650
Marsh & McLennan Cos., Inc.		94,429		2,277,628
MetLife, Inc.		38,600		1,484,170
Travelers Cos., Inc.		10,300		536,630
Validus Holdings Ltd.		1,487		39,197

				10,503,023

*Real Estate Investment Trusts (REITs) (0.9%)*
AMB Property Corp. (REIT)		2,900		76,763
Apartment Investment & Management Co. (REIT), Class A		10,900	$	233,042
Digital Realty Trust, Inc. (REIT)		15,641		965,050
Equity Residential (REIT)		3,400		161,738
Essex Property Trust, Inc. (REIT)		2,200		240,768
Federal Realty Investment Trust (REIT)		6,981		570,068
General Growth Properties, Inc. (REIT)		38,200		595,920
Plum Creek Timber Co., Inc. (REIT)		13,139		463,807
ProLogis (REIT)		5,500		64,790
Public Storage (REIT)		24,162		2,344,680
Rayonier, Inc. (REIT)		4,463		223,686
Simon Property Group, Inc. (REIT)		38,361		3,557,599
UDR, Inc. (REIT)		2,000		42,240
Ventas, Inc. (REIT)		8,100		417,717
Vornado Realty Trust (REIT)		2,800		239,484

				10,197,352

*Real Estate Management & Development (0.2%)*
CB Richard Ellis Group, Inc., Class A*		53,943		986,078
Jones Lang LaSalle, Inc.		8,000		690,160
St. Joe Co.*		15,710		390,708

				2,066,946

*Thrifts & Mortgage Finance* (*0.0%*)
Capitol Federal Financial		219		5,409
Hudson City Bancorp, Inc.		7,468		91,558

				96,967

Total Financials				51,967,883

Health Care (10.1%)
*Biotechnology* (*1.8%*)
Abraxis Bioscience, Inc.*		515		39,830
Alexion Pharmaceuticals, Inc.*		16,995		1,093,798
Amylin Pharmaceuticals, Inc.*		27,151		566,098
BioMarin Pharmaceutical, Inc.*		19,149		427,980
Celgene Corp.*		87,273		5,027,798
Dendreon Corp.*		27,210		1,120,508
Genzyme Corp.*		38,490		2,724,707
Gilead Sciences, Inc.*		158,737		5,652,625
Human Genome Sciences, Inc.*		35,400		1,054,566
Myriad Genetics, Inc.*		18,434		302,502
Regeneron Pharmaceuticals, Inc.*		12,200		334,280
Talecris Biotherapeutics Holdings Corp.*		9,700		221,936
United Therapeutics Corp.*		9,352		523,805
Vertex Pharmaceuticals, Inc.*		38,307		1,324,273

				20,414,706

*Health Care Equipment & Supplies (3.3%)*
Alcon, Inc.		13,200		2,201,628
Alere, Inc.*		4,654		143,948
Baxter International, Inc.		94,056		4,487,412
Becton, Dickinson and Co.		44,192		3,274,627
C.R. Bard, Inc.		18,024		1,467,694
CareFusion Corp.*		7,400		183,816
Cooper Cos., Inc.		1,600		73,952
Covidien plc		94,900		3,814,031
DENTSPLY International, Inc.		27,632		883,395
Edwards Lifesciences Corp.*		21,446		1,437,954
Gen-Probe, Inc.*		9,432		457,075
Hill-Rom Holdings, Inc.		10,017		359,510
Hospira, Inc.*		31,428		1,791,710
IDEXX Laboratories, Inc.*		10,947		675,649
Intuitive Surgical, Inc.*		7,421		2,105,635

See Notes to Portfolio of Investments.

344

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
	Number of Shares		Value (Note 1)
Kinetic Concepts, Inc.*		993	$	36,324
Medtronic, Inc.		160,334		5,384,016
ResMed, Inc.*		28,732		942,697
St. Jude Medical, Inc.*		61,854		2,433,336
Stryker Corp.		59,691		2,987,535
Teleflex, Inc.		1,195		67,852
Thoratec Corp.*		10,800		399,384
Varian Medical Systems, Inc.*		23,390		1,415,095

				37,024,275

*Health Care Providers & Services* (*1.9%*)
AmerisourceBergen Corp.		53,508		1,640,555
Brookdale Senior Living, Inc.*		2,200		35,882
Cardinal Health, Inc.		23,600		779,744
Community Health Systems, Inc.*		12,426		384,833
DaVita, Inc.*		19,698		1,359,753
Emdeon, Inc., Class A*		4,900		59,682
Emergency Medical Services Corp., Class A*		5,600		298,200
Express Scripts, Inc.*		103,792		5,054,670
Health Management Associates, Inc., Class A*		47,306		362,364
Henry Schein, Inc.*		17,352		1,016,480
Laboratory Corp. of America Holdings*		19,796		1,552,600
Lincare Holdings, Inc.		18,808		471,893
McKesson Corp.		22,171		1,369,724
Medco Health Solutions, Inc.*		82,149		4,276,677
MEDNAX, Inc.*		8,437		449,692
Omnicare, Inc.		2,175		51,939
Patterson Cos., Inc.		19,274		552,200
Quest Diagnostics, Inc.		24,446		1,233,790
Tenet Healthcare Corp.*		66,112		312,049
Universal Health Services, Inc., Class B		1,116		43,368
VCA Antech, Inc.*		16,229		342,270

				21,648,365

*Health Care Technology* (*0.2%*)
Allscripts Healthcare Solutions, Inc.*		25,312		467,513
Cerner Corp.*		13,010		1,092,710
SXC Health Solutions Corp.*		11,600		423,052

				1,983,275

*Life Sciences Tools & Services* (*0.6%*)
Charles River Laboratories International, Inc.*		2,927		97,030
Covance, Inc.*		12,245		572,944
Illumina, Inc.*		23,091		1,136,077
Life Technologies Corp.*		24,524		1,145,026
Mettler-Toledo International, Inc.*		6,447		802,265
PerkinElmer, Inc.		10,100		233,714
Pharmaceutical Product Development, Inc.		19,889		493,048
Techne Corp.		7,054		435,443
Waters Corp.*		17,642		1,248,701

				6,164,248

*Pharmaceuticals* (*2.3%*)
Abbott Laboratories, Inc.		263,606		13,770,777
Allergan, Inc.		57,544		3,828,402
Eli Lilly and Co.		44,232		1,615,795
Johnson & Johnson		78,314		4,852,336
Mylan, Inc.*		49,241		926,223
Perrigo Co.		15,289		981,860
Warner Chilcott plc, Class A		17,000	$	381,480

				26,356,873

Total Health Care				113,591,742

Industrials (13.1%)
*Aerospace & Defense* (*3.1%*)
Alliant Techsystems, Inc.*		5,839		440,261
Boeing Co.		116,471		7,749,980
Goodrich Corp.		6,699		493,917
Honeywell International, Inc.		145,091		6,375,299
Lockheed Martin Corp.		45,931		3,273,962
Precision Castparts Corp.		26,927		3,429,153
Rockwell Collins, Inc.		15,670		912,777
Spirit AeroSystems Holdings, Inc., Class A*		2,947		58,734
TransDigm Group, Inc.		9,353		580,354
United Technologies Corp.		161,482		11,502,363

				34,816,800

*Air Freight & Logistics* (*1.5%*)
C.H. Robinson Worldwide, Inc.		31,458		2,199,543
Expeditors International of Washington, Inc.		40,276		1,861,960
FedEx Corp.		38,300		3,274,650
United Parcel Service, Inc., Class B		135,259		9,020,423
UTi Worldwide, Inc.		16,068		258,373

				16,614,949

*Airlines* (*0.3%*)
AMR Corp.*		20,309		127,338
Continental Airlines, Inc., Class B*		26,369		655,006
Copa Holdings S.A., Class A		3,698		199,359
Delta Air Lines, Inc.*		149,489		1,740,052
Southwest Airlines Co.		18,745		244,997
UAL Corp.*		23,800		562,394

				3,529,146

*Building Products* (*0.1%*)
Armstrong World Industries, Inc.*		331		13,740
Lennox International, Inc.		8,868		369,707
Masco Corp.		20,375		224,329
Owens Corning, Inc.*		11,996		307,457
USG Corp.*		5,200		68,588

				983,821

*Commercial Services & Supplies* (*0.4%*)
Avery Dennison Corp.		1,126		41,797
Copart, Inc.*		13,627		449,282
Corrections Corp. of America*		3,763		92,871
Covanta Holding Corp.		1,400		22,050
Iron Mountain, Inc.		34,604		773,053
KAR Auction Services, Inc.*		700		8,827
Pitney Bowes, Inc.		28,000		598,640
R.R. Donnelley & Sons Co.		2,057		34,887
Republic Services, Inc.		18,406		561,199
Stericycle, Inc.*		16,071		1,116,613
Waste Connections, Inc.*		11,663		462,555

				4,161,774

*Construction & Engineering* (*0.1%*)
Aecom Technology Corp.*		5,826		141,339
Chicago Bridge & Iron Co. N.V. (N.Y. Shares)*		7,700		188,265
Fluor Corp.		2,079		102,973
Jacobs Engineering Group, Inc.*		14,316		554,029
KBR, Inc.		1,700		41,888
Shaw Group, Inc.*		9,177		307,980

				1,336,474

See Notes to Portfolio of Investments.

345

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of		Value
	Shares		(Note 1)
*Electrical Equipment* (*1.2%*)
AMETEK, Inc.		20,088	$	959,604
Babcock & Wilcox Co.*		17,202		366,058
Cooper Industries plc		31,700		1,551,081
Emerson Electric Co.		142,571		7,507,789
General Cable Corp.*		3,500		94,920
Hubbell, Inc., Class B		4,573		232,080
Regal-Beloit Corp.		6,100		358,009
Rockwell Automation, Inc.		27,012		1,667,451
Roper Industries, Inc.		17,773		1,158,444
Thomas & Betts Corp.*		1,753		71,908

				13,967,344

*Industrial Conglomerates* (*1.8%*)
3M Co.		135,041		11,709,405
Carlisle Cos., Inc.		811		24,289
General Electric Co.		469,000		7,621,250
Textron, Inc.		26,600		546,896
Tyco International Ltd.		14,000		514,220

				20,416,060

*Machinery* (*3.7%*)
Bucyrus International, Inc.		14,253		988,445
Caterpillar, Inc.		118,995		9,362,527
CNH Global N.V.*		800		29,312
Cummins, Inc.		37,986		3,440,772
Danaher Corp.		93,238		3,786,395
Deere & Co.		75,947		5,299,582
Donaldson Co., Inc.		14,590		687,627
Dover Corp.		22,379		1,168,408
Eaton Corp.		8,300		684,667
Flowserve Corp.		9,023		987,297
Gardner Denver, Inc.		9,400		504,592
Graco, Inc.		11,416		362,230
Harsco Corp.		1,063		26,128
IDEX Corp.		12,676		450,125
Illinois Tool Works, Inc.		83,400		3,921,468
Joy Global, Inc.		19,528		1,373,209
Kennametal, Inc.		11,500		355,695
Lincoln Electric Holdings, Inc.		8,100		468,342
Manitowoc Co., Inc.		24,800		300,328
Navistar International Corp.*		13,495		588,922
Oshkosh Corp.*		17,000		467,500
PACCAR, Inc.		69,091		3,326,732
Pall Corp.		22,168		923,075
Parker Hannifin Corp.		8,600		602,516
Pentair, Inc.		9,716		326,749
SPX Corp.		1,800		113,904
Timken Co.		12,100		464,156
Toro Co.		6,363		357,791
Valmont Industries, Inc.		4,168		301,763
WABCO Holdings, Inc.*		12,147		509,445
Wabtec Corp.		1,417		67,718

				42,247,420

*Marine* (*0.0%*)
Kirby Corp.*		688		27,561

*Professional Services* (*0.3%*)
Dun & Bradstreet Corp.		9,540		707,296
FTI Consulting, Inc.*		7,166		248,588
IHS, Inc., Class A*		9,217		626,756
Robert Half International, Inc.		28,405		738,530
Towers Watson & Co., Class A		1,200		59,016
Verisk Analytics, Inc., Class A*		19,491		545,943

				2,926,129


*Road & Rail* (*0.3%*)
Con-way, Inc.	828	$	25,660
Hertz Global Holdings, Inc.*	31,200		330,408
J.B. Hunt Transport Services, Inc.	17,270		599,269
Kansas City Southern*	11,369		425,314
Landstar System, Inc.	9,466		365,577
Ryder System, Inc.	5,300		226,681
Union Pacific Corp.	11,974		979,473

			2,952,382

*Trading Companies & Distributors* (*0.3%*)
Fastenal Co.	25,104		1,335,282
GATX Corp.	2,360		69,195
MSC Industrial Direct Co., Class A	8,277		447,289
W.W. Grainger, Inc.	11,746		1,399,066
WESCO International, Inc.*	2,576		101,211

			3,352,043

Total Industrials			147,331,903

Information Technology (31.2%)
*Communications Equipment* (*4.0%*)
Ciena Corp.*	17,497		272,428
Cisco Systems, Inc.*	1,081,343		23,681,412
F5 Networks, Inc.*	15,240		1,582,064
Harris Corp.	24,539		1,086,832
JDS Uniphase Corp.*	40,787		505,351
Juniper Networks, Inc.*	99,609		3,023,133
Polycom, Inc.*	16,100		439,208
QUALCOMM, Inc.	310,639		14,016,032

			44,606,460

*Computers & Peripherals* (*7.7%*)
Apple, Inc.*	172,322		48,896,367
Dell, Inc.*	322,160		4,175,194
Diebold, Inc.	2,639		82,046
EMC Corp.*	389,152		7,903,677
Hewlett-Packard Co.	444,029		18,680,300
NCR Corp.*	30,312		413,153
NetApp, Inc.*	65,226		3,247,603
QLogic Corp.*	21,117		372,504
SanDisk Corp.*	43,562		1,596,547
Seagate Technology plc*	66,554		784,006
Western Digital Corp.*	9,905		281,203

			86,432,600

*Electronic Equipment, Instruments & Components (0.7%)*
Agilent Technologies, Inc.*	65,847		2,197,315
Amphenol Corp., Class A	32,832		1,608,111
Arrow Electronics, Inc.*	2,492		66,611
AVX Corp.	663		9,163
Corning, Inc.	36,853		673,673
Dolby Laboratories, Inc., Class A*	10,174		577,985
FLIR Systems, Inc.*	29,006		745,454
Ingram Micro, Inc., Class A*	1,700		28,662
Itron, Inc.*	7,071		432,957
Jabil Circuit, Inc.	24,018		346,100
National Instruments Corp.	10,947		357,529
Trimble Navigation Ltd.*	22,984		805,359

			7,848,919

*Internet Software & Services* (*2.9%*)
Akamai Technologies, Inc.*	34,423		1,727,346
eBay, Inc.*	82,676		2,017,295
Equinix, Inc.*	8,621		882,359
Google, Inc., Class A*	46,192		24,287,292
IAC/InterActiveCorp*	6,311		165,790
Monster Worldwide, Inc.*	11,841		153,459
VeriSign, Inc.*	34,541		1,096,331

See Notes to Portfolio of Investments.

346

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
VistaPrint N.V.*		8,300	$	320,795
WebMD Health Corp.*		11,217		559,392
Yahoo!, Inc.*		110,604		1,567,259

				32,777,318

*IT Services* (*6.0%*)
Accenture plc, Class A		115,700		4,916,093
Alliance Data Systems Corp.*		10,140		661,736
Amdocs Ltd.*		10,858		311,190
Automatic Data Processing, Inc.		95,200		4,001,256
Broadridge Financial Solutions, Inc.		21,787		498,269
Cognizant Technology Solutions Corp., Class A*		56,707		3,655,900
DST Systems, Inc.		6,689		299,935
Fiserv, Inc.*		19,229		1,034,905
Gartner, Inc.*		13,800		406,272
Genpact Ltd.*		12,454		220,810
Global Payments, Inc.		15,456		662,908
Hewitt Associates, Inc., Class A*		17,680		891,602
International Business Machines Corp.		242,830		32,573,216
Lender Processing Services, Inc.		17,975		597,309
Mastercard, Inc., Class A		18,512		4,146,688
NeuStar, Inc., Class A*		14,150		351,769
Paychex, Inc.		61,080		1,679,089
SAIC, Inc.*		58,539		935,453
Teradata Corp.*		31,551		1,216,607
Visa, Inc., Class A		88,427		6,566,589
Western Union Co.		127,255		2,248,596

				67,876,192

*Office Electronics* (*0.0%*)
Zebra Technologies Corp., Class A* .		6,207		208,804

*Semiconductors & Semiconductor Equipment* (*3.9%*)
Advanced Micro Devices, Inc.*		43,523		309,449
Altera Corp.		57,056		1,720,809
Analog Devices, Inc.		56,399		1,769,801
Applied Materials, Inc.		254,300		2,970,224
Atheros Communications, Inc.*		13,200		347,820
Atmel Corp.*		78,000		620,880
Avago Technologies Ltd.*		20,000		450,200
Broadcom Corp., Class A		93,937		3,324,430
Cree, Inc.*		20,403		1,107,679
Cypress Semiconductor Corp.*		30,951		389,364
First Solar, Inc.*		10,566		1,556,900
Intel Corp.		720,634		13,857,792
Intersil Corp., Class A		7,979		93,274
KLA-Tencor Corp.		1,700		59,891
Lam Research Corp.*		23,898		1,000,131
Linear Technology Corp.		42,415		1,303,413
Marvell Technology Group Ltd.*		102,497		1,794,722
Maxim Integrated Products, Inc.		57,178		1,058,365
MEMC Electronic Materials, Inc.*		17,864		212,939
Microchip Technology, Inc.		34,817		1,094,995
National Semiconductor Corp.		40,912		522,446
Novellus Systems, Inc.*		16,047		426,529
NVIDIA Corp.*		108,251		1,264,372
ON Semiconductor Corp.*		81,337		586,440
PMC-Sierra, Inc.*		2,300		16,928
Rambus, Inc.*		19,864		413,966
Silicon Laboratories, Inc.*		8,693		318,598
Skyworks Solutions, Inc.*		33,400		690,712
SunPower Corp., Class A*		7,142		102,845
Teradyne, Inc.*		34,107		379,952
Texas Instruments, Inc.		104,831		2,845,113
Varian Semiconductor Equipment Associates, Inc.*		14,058	$	404,589
Xilinx, Inc.		48,963		1,302,905

				44,318,473

*Software* (*6.0%*)
Activision Blizzard, Inc.		26,545		287,217
Adobe Systems, Inc.*		99,634		2,605,429
ANSYS, Inc.*		17,112		722,982
Autodesk, Inc.*		43,380		1,386,859
BMC Software, Inc.*		34,319		1,389,233
CA, Inc.		59,953		1,266,207
Cadence Design Systems, Inc.*		51,100		389,893
Citrix Systems, Inc.*		35,229		2,404,027
Compuware Corp.*		24,000		204,720
Electronic Arts, Inc.*		58,629		963,274
FactSet Research Systems, Inc.		8,869		719,542
Informatica Corp.*		17,400		668,334
Intuit, Inc.*		53,129		2,327,581
McAfee, Inc.*		29,546		1,396,344
MICROS Systems, Inc.*		15,214		644,009
Microsoft Corp.#		970,249		23,761,398
Nuance Communications, Inc.*		42,998		672,489
Oracle Corp.		721,331		19,367,737
Red Hat, Inc.*		35,751		1,465,791
Rovi Corp.*		19,293		972,560
Salesforce.com, Inc.*		21,696		2,425,613
Solera Holdings, Inc.		13,200		582,912
Symantec Corp.*		14,139		214,489
Synopsys, Inc.*		1,752		43,397
VMware, Inc., Class A*		13,966		1,186,272

				68,068,309

Total Information Technology				352,137,075

Materials (4.9%)
*Chemicals* (*2.7%*)
Air Products & Chemicals, Inc.		40,192		3,328,702
Airgas, Inc.		15,800		1,073,610
Albemarle Corp.		17,282		808,970
Ashland, Inc.		1,324		64,572
Celanese Corp.		29,592		949,903
CF Industries Holdings, Inc.		9,694		925,777
E.I. du Pont de Nemours & Co.		59,221		2,642,441
Eastman Chemical Co.		2,900		214,600
Ecolab, Inc.		44,168		2,241,084
FMC Corp.		9,429		645,038
International Flavors & Fragrances, Inc.		15,066		731,002
Lubrizol Corp.		12,905		1,367,543
Monsanto Co.		103,268		4,949,635
Mosaic Co.		29,970		1,761,037
Nalco Holding Co.		24,511		617,922
PPG Industries, Inc.		5,200		378,560
Praxair, Inc.		57,968		5,232,192
RPM International, Inc.		12,194		242,905
Scotts Miracle-Gro Co., Class A		8,693		449,689
Sherwin-Williams Co.		10,771		809,333
Sigma-Aldrich Corp.		21,224		1,281,505
Valspar Corp.		1,900		60,515

				30,776,535

*Construction Materials* (*0.1%*)
Eagle Materials, Inc.		8,244		195,383
Martin Marietta Materials, Inc.		8,636		664,713

				860,096

See Notes to Portfolio of Investments.

347

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Containers & Packaging* (*0.2%*)
Ball Corp.		3,662	$	215,508
Crown Holdings, Inc.*		30,603		877,082
Owens-Illinois, Inc.*		9,603		269,460
Pactiv Corp.*		22,613		745,777
Temple-Inland, Inc.		3,700		69,042
				2,176,869
*Metals & Mining* (*1.8%*)
AK Steel Holding Corp.		3,100		42,811
Alcoa, Inc.		27,960		338,595
Allegheny Technologies, Inc.		18,700		868,615
Carpenter Technology Corp.		8,300		279,793
Cliffs Natural Resources, Inc.		25,679		1,641,402
Compass Minerals International, Inc.		6,219		476,500
Freeport-McMoRan Copper & Gold, Inc.		89,052		7,604,150
Newmont Mining Corp.		90,058		5,656,543
Nucor Corp.		25,600		977,920
Reliance Steel & Aluminum Co.		1,600		66,448
Royal Gold, Inc.		1,622		80,840
Schnitzer Steel Industries, Inc., Class A		853		41,183
Southern Copper Corp.		32,022		1,124,613
Titanium Metals Corp.*		16,100		321,356
United States Steel Corp.		5,100		223,584
Walter Energy, Inc.		7,999		650,239
				20,394,592
*Paper & Forest Products* (*0.1%*)
International Paper Co.		64,300		1,398,525
Total Materials				55,606,617
Telecommunication Services (0.9%)
*Diversified Telecommunication Services (0.1%)*
Frontier Communications Corp.		71,611		585,062
Level 3 Communications, Inc.*		121,000		113,413
tw telecom, Inc.*		28,657		532,161
Windstream Corp.		37,880		465,545
				1,696,181
*Wireless Telecommunication Services* (*0.8%*)
American Tower Corp., Class A*		76,420		3,917,289
Clearwire Corp., Class A*		21,900		177,171
Crown Castle International Corp.*		54,964		2,426,661
MetroPCS Communications, Inc.*		22,679		237,222
NII Holdings, Inc.*		24,989		1,027,048
SBA Communications Corp., Class A*		22,118		891,355

				8,676,746
Total Telecommunication Services				10,372,927
Utilities (0.1%)
*Electric Utilities* (*0.1%*)
ITC Holdings Corp.		8,333		518,729
*Independent Power Producers & Energy Traders* (*0.0%*)
Calpine Corp.*		30,729		382,576
Ormat Technologies, Inc.		1,835		53,527
				436,103
Total Utilities				954,832
Total Common Stocks (99.4%) (Cost $842,058,952)				1,121,014,590


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (0.5%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $6,047,723)		$6,047,723	$	6,047,723
Total Investments (99.9%) (Cost/Amortized Cost $848,106,675)				1,127,062,313
Other Assets Less Liabilities (0.1%)				654,482
Net Assets (100%)			$	1,127,716,795

*	Non-income producing.

#	All, or a portion of security held by broker as collateral for financial futures contracts, with a total collateral value of $14,791,960.

See Notes to Portfolio of Investments.

348

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchase
S&P 500 E-Mini Index		107		December-10	$	6,006,168	$	6,081,345	$	75,177

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	164,472,815	$	—	$	—	$	164,472,815
Consumer Staples		112,936,380		—		—		112,936,380
Energy		111,642,416		—		—		111,642,416
Financials		51,967,883		—		—		51,967,883
Health Care		113,591,742		—		—		113,591,742
Industrials		147,331,903		—		—		147,331,903
Information Technology		352,137,075		—		—		352,137,075
Materials		55,606,617		—		—		55,606,617
Telecommunication Services		10,372,927		—		—		10,372,927
Utilities		954,832		—		—		954,832
Futures		75,177		—		—		75,177
Short-Term Investments		—		6,047,723		—		6,047,723
Total Assets	$	1,121,089,767	$	6,047,723	$	—	$	1,127,137,490
Total Liabilities	$	—	$	—	$	—	$	—
Total	$	1,121,089,767	$	6,047,723	$	—	$	1,127,137,490

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	254,935,264
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	330,239,193

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	282,619,683
Aggregate gross unrealized depreciation		(11,873,984 )
Net unrealized appreciation	$	270,745,699
Federal income tax cost of investments	$	856,316,614

See Notes to Portfolio of Investments.

349

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (12.0%)
*Auto Components* (*0.3%*)
Autoliv, Inc.		3,745	$	244,661
BorgWarner, Inc.*		14,001		736,733
Federal-Mogul Corp.*		627		11,857
Gentex Corp.		17,987		350,926
Goodyear Tire & Rubber Co.*		31,334		336,840
Johnson Controls, Inc.		81,827		2,495,723
Lear Corp.*		1,929		152,256
TRW Automotive Holdings Corp.*		6,855		284,894

				4,613,890

*Automobiles* (*0.4%*)
Ford Motor Co.*		430,192		5,265,550
Harley-Davidson, Inc.		30,371		863,751
Tesla Motors, Inc.*		1,387		28,101
Thor Industries, Inc.		4,321		144,321

				6,301,723

*Distributors* (*0.0%*)
LKQ Corp.*		18,422		383,178

*Diversified Consumer Services* (*0.2%*)
Apollo Group, Inc., Class A*		16,699		857,494
Career Education Corp.*		8,422		180,820
DeVry, Inc.		8,215		404,260
Education Management Corp.*		3,300		48,444
H&R Block, Inc.		16,439		212,885
Hillenbrand, Inc.		8,032		172,768
ITT Educational Services, Inc.*		4,502		316,356
Strayer Education, Inc.		1,795		313,228
Weight Watchers International, Inc.		4,285		133,649

				2,639,904

*Hotels, Restaurants & Leisure* (*2.9%*)
Bally Technologies, Inc.*		7,123		248,949
Brinker International, Inc.		11,521		217,286
Burger King Holdings, Inc.		11,828		282,453
Carnival Corp.		21,092		805,925
Chipotle Mexican Grill, Inc.*		4,064		699,008
Choice Hotels International, Inc.		253		9,224
Darden Restaurants, Inc.		18,098		774,233
International Game Technology		38,452		555,631
International Speedway Corp., Class A		1,345		32,818
Las Vegas Sands Corp.*		40,800		1,421,880
Marriott International, Inc., Class A		35,003		1,254,158
McDonald’s Corp.		367,826		27,406,715
MGM Resorts International*		5,676		64,025
Panera Bread Co., Class A*		3,947		349,744
Royal Caribbean Cruises Ltd.*		6,611		208,445
Starbucks Corp.		96,109		2,458,468
Starwood Hotels & Resorts Worldwide, Inc.		24,443		1,284,480
Wendy’s/Arby’s Group, Inc., Class A		16,283		73,762
WMS Industries, Inc.*		7,476		284,611
Wynn Resorts Ltd.		77,614		6,734,567
Yum! Brands, Inc.		60,272		2,776,128

				47,942,510

*Household Durables* (*0.1%*)
Fortune Brands, Inc.		2,377		117,020
Garmin Ltd.		882		26,769
Harman International
Industries, Inc.*		4,267		142,560
Leggett & Platt, Inc.		11,364		258,645
Mohawk Industries, Inc.*		867	$	46,211
NVR, Inc.*		755		488,885
Tempur-Pedic International, Inc.*		9,338		289,478
Tupperware Brands Corp.		8,149		372,898
Whirlpool Corp.		4,147		335,741

				2,078,207

*Internet & Catalog Retail* (*2.4%*)
Amazon.com, Inc.*		154,574		24,277,392
Expedia, Inc.		10,895		307,348
Netflix, Inc.*		5,142		833,827
priceline.com, Inc.*		44,185		15,391,403

				40,809,970

*Leisure Equipment & Products* (*0.1%*)
Hasbro, Inc.		16,829		749,059
Mattel, Inc.		27,285		640,106

				1,389,165

*Media* (*1.7%*)
CBS Corp., Class B		10,437		165,531
DIRECTV, Class A*		260,877		10,860,310
Discovery Communications, Inc., Class A*		26,808		1,167,488
DreamWorks Animation SKG, Inc., Class A*		9,563		305,155
Interpublic Group of Cos., Inc.*		63,117		633,064
John Wiley & Sons, Inc., Class A		5,364		219,173
Lamar Advertising Co., Class A*		1,558		49,576
Madison Square Garden, Inc., Class A*		2,505		52,805
McGraw-Hill Cos., Inc.		28,567		944,425
Meredith Corp.		1,974		65,754
Morningstar, Inc.*		2,845		126,773
News Corp., Class A		61,608		804,601
Omnicom Group, Inc.		31,911		1,259,846
Regal Entertainment Group, Class A		2,395		31,422
Scripps Networks Interactive, Inc., Class A		11,553		549,692
Sirius XM Radio, Inc.*		501,208		601,450
Thomson Reuters Corp.		15,631		586,631
Time Warner, Inc.		30,285		928,235
Viacom, Inc., Class B		15,434		558,556
Walt Disney Co.		252,556		8,362,129

				28,272,616

*Multiline Retail* (*1.1%*)
Big Lots, Inc.*		9,748		324,121
Dollar General Corp.*		9,012		263,601
Dollar Tree, Inc.*		16,407		800,005
Family Dollar Stores, Inc.		17,422		769,356
J.C. Penney Co., Inc.		9,906		269,245
Kohl’s Corp.*		29,301		1,543,577
Macy’s, Inc.		5,390		124,455
Nordstrom, Inc.		265,251		9,867,337
Target Corp.		94,997		5,076,640

				19,038,337

*Specialty Retail* (*1.7%*)
Aaron’s, Inc.		5,232		96,530
Abercrombie & Fitch Co., Class A		8,692		341,769
Advance Auto Parts, Inc.		11,332		664,962
Aeropostale, Inc.*		12,054		280,256
American Eagle Outfitters, Inc.		6,665		99,708
AutoNation, Inc.*		2,886		67,100
AutoZone, Inc.*		3,399		778,065
Bed Bath & Beyond, Inc.*		33,893		1,471,295
Best Buy Co., Inc.		44,511		1,817,384

See Notes to Portfolio of Investments.

350

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
CarMax, Inc.*		28,848	$	803,705
Chico’s FAS, Inc.		23,052		242,507
Dick’s Sporting Goods, Inc.*		11,540		323,582
Gap, Inc.		48,893		911,366
Guess?, Inc.		8,429		342,470
Home Depot, Inc.		218,427		6,919,767
J. Crew Group, Inc.*		7,114		239,173
Limited Brands, Inc.		34,459		922,812
Lowe’s Cos., Inc.		141,835		3,161,502
Office Depot, Inc.*		4,429		20,373
O’Reilly Automotive, Inc.*		17,816		947,811
PetSmart, Inc.		15,262		534,170
Ross Stores, Inc.		15,784		862,122
Staples, Inc.		94,153		1,969,681
Tiffany & Co.		16,302		766,031
TJX Cos., Inc.		52,624		2,348,609
Tractor Supply Co.		9,376		371,852
Urban Outfitters, Inc.*		15,729		494,520
Williams-Sonoma, Inc.		12,418		393,651

				28,192,773

*Textiles, Apparel & Luxury Goods* (*1.1%*)
Coach, Inc.		39,354		1,690,648
Fossil, Inc.*		6,788		365,126
Hanesbrands, Inc.*		12,328		318,802
NIKE, Inc., Class B		181,447		14,541,163
Phillips-Van Heusen Corp.		7,287		438,386
Polo Ralph Lauren Corp.		7,194		646,453

				18,000,578

Total Consumer Discretionary				199,662,851

Consumer Staples (5.2%)
*Beverages* (*1.3%*)
Brown-Forman Corp., Class B		10,286		634,029
Coca-Cola Co.		202,687		11,861,243
Coca-Cola Enterprises, Inc.		25,204		781,324
Dr. Pepper Snapple Group, Inc.		9,698		344,473
Hansen Natural Corp.*		7,215		336,363
PepsiCo, Inc.		119,615		7,947,221

				21,904,653

*Food & Staples Retailing* (*1.2%*)
BJ’s Wholesale Club, Inc.*		671		27,847
Costco Wholesale Corp.		56,931		3,671,480
CVS Caremark Corp.		19,483		613,130
Kroger Co.		4,738		102,625
Sysco Corp.		76,308		2,176,304
Walgreen Co.		114,974		3,851,629
Wal-Mart Stores, Inc.		158,986		8,508,931
Whole Foods Market, Inc.*		18,046		669,687

				19,621,633

*Food Products* (*1.0%*)
Campbell Soup Co.		14,219		508,329
ConAgra Foods, Inc.		5,804		127,340
Flowers Foods, Inc.		3,666		91,063
General Mills, Inc.		50,928		1,860,909
Green Mountain Coffee Roasters, Inc.*		14,256		444,645
H.J. Heinz Co.		16,723		792,169
Hershey Co.		11,588		551,473
Kellogg Co.		29,717		1,501,006
McCormick & Co., Inc. (Non-Voting)		8,526		358,433
Mead Johnson Nutrition Co.		188,639		10,735,445
Sara Lee Corp.		60,817		816,772

				17,787,584

*Household Products* (*0.6%*)
Church & Dwight Co., Inc.		9,142	$	593,681
Clorox Co.		17,114		1,142,531
Colgate-Palmolive Co.		52,952		4,069,891
Kimberly-Clark Corp.		42,291		2,751,030
Procter & Gamble Co.		22,288		1,336,611

				9,893,744

*Personal Products* (*0.2%*)
Alberto-Culver Co.		2,460		92,619
Avon Products, Inc.		55,258		1,774,334
Estee Lauder Cos., Inc., Class A		14,222		899,257
Herbalife Ltd.		7,760		468,316

				3,234,526

*Tobacco* (*0.9%*)
Altria Group, Inc.		156,610		3,761,772
Philip Morris International, Inc.		201,133		11,267,471

				15,029,243

Total Consumer Staples				87,471,383

Energy (5.6%)
*Energy Equipment & Services* (*1.1%*)
Atwood Oceanics, Inc.*		1,461		44,487
Baker Hughes, Inc.		15,164		645,986
Cameron International Corp.*		17,985		772,636
Core Laboratories N.V.		5,760		507,110
Diamond Offshore Drilling, Inc.		2,881		195,245
Dresser-Rand Group, Inc.*		9,611		354,550
Exterran Holdings, Inc.*		836		18,986
FMC Technologies, Inc.*		15,683		1,070,992
Halliburton Co.		117,238		3,877,061
McDermott International, Inc.*		23,550		348,069
Nabors Industries Ltd.*		14,679		265,103
Oil States International, Inc.*		407		18,946
Pride International, Inc.*		8,968		263,928
Rowan Cos., Inc.*		2,000		60,720
Schlumberger Ltd.		153,862		9,479,438
Superior Energy Services, Inc.*		729		19,457
Weatherford International Ltd.*		38,482		658,042

				18,600,756

*Oil, Gas & Consumable Fuels* (*4.5%*)
Alpha Natural Resources, Inc.*		2,075		85,386
Anadarko Petroleum Corp.		174,687		9,965,893
Arch Coal, Inc.		14,817		395,762
Atlas Energy, Inc.*		7,385		211,506
Chevron Corp.		13,732		1,112,979
Cimarex Energy Co.		10,820		716,068
Concho Resources, Inc.*		11,809		781,401
ConocoPhillips		73,528		4,222,713
Consol Energy, Inc.		13,362		493,859
Continental Resources, Inc.*		3,599		166,850
El Paso Corp.		16,697		206,709
EOG Resources, Inc.		102,063		9,488,797
EQT Corp.		17,876		644,609
EXCO Resources, Inc.		18,935		281,563
Exxon Mobil Corp.		604,329		37,341,489
Forest Oil Corp.*		9,326		276,982
Frontline Ltd.		5,472		155,569
Holly Corp.		3,886		111,722
Marathon Oil Corp.		24,436		808,832
Mariner Energy, Inc.*		956		23,164
Murphy Oil Corp.		2,914		180,435
Occidental Petroleum Corp.		21,267		1,665,206
Petrohawk Energy Corp.*		27,669		446,578
Quicksilver Resources, Inc.*		938		11,819

See Notes to Portfolio of Investments.

351

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Range Resources Corp.		20,564	$	784,105
SandRidge Energy, Inc.*		27,204		154,519
SM Energy Co.		5,508		206,330
Southwestern Energy Co.*		44,654		1,493,230
Ultra Petroleum Corp.*		19,632		824,151
Whiting Petroleum Corp.*		571		54,536
Williams Cos., Inc.		31,051		593,385

				73,906,147

Total Energy				92,506,903

Financials (5.0%)
*Capital Markets* (*1.4%*)
Affiliated Managers Group, Inc.*		6,592		514,242
Ameriprise Financial, Inc.		6,676		315,975
BlackRock, Inc.		1,522		259,120
Charles Schwab Corp.		127,626		1,774,001
Eaton Vance Corp.		15,217		441,902
Federated Investors, Inc., Class B		7,814		177,847
Franklin Resources, Inc.		19,178		2,050,128
GLG Partners, Inc.*		15,272		68,724
Goldman Sachs Group, Inc.		80,600		11,653,148
Greenhill & Co., Inc.		3,799		301,337
Invesco Ltd.		18,312		388,764
Janus Capital Group, Inc.		2,150		23,542
Lazard Ltd., Class A		11,864		416,189
Morgan Stanley		57,337		1,415,077
Northern Trust Corp.		12,446		600,395
SEI Investments Co.		19,299		392,542
T. Rowe Price Group, Inc.		33,480		1,676,176
TD Ameritrade Holding Corp.*		30,078		485,760
Waddell & Reed Financial, Inc., Class A		11,144		304,900

				23,259,769

*Commercial Banks* (*1.9%*)
Bank of Hawaii Corp.		1,989		89,346
ICICI Bank Ltd. (ADR)		109,211		5,444,168
PNC Financial Services Group, Inc.		93,156		4,835,728
U.S. Bancorp		507,190		10,965,448
Wells Fargo & Co.		432,007		10,856,336

				32,191,026

*Consumer Finance* (*0.4%*)
American Express Co.		135,273		5,685,524
Green Dot Corp., Class A*		505		24,483

				5,710,007

*Diversified Financial Services* (*0.4%*)
CBOE Holdings, Inc.		722		14,469
Interactive Brokers Group, Inc., Class A*		1,358		23,371
IntercontinentalExchange, Inc.*		9,538		998,819
JPMorgan Chase & Co.		92,122		3,507,085
Moody’s Corp.		26,474		661,320
MSCI, Inc., Class A*		14,227		472,479
NASDAQ OMX Group, Inc.*		1,707		33,167
NYSE Euronext		7,270		207,704

				5,918,414

*Insurance* (*0.4%*)
ACE Ltd.		6,640		386,780
Aflac, Inc.		57,237		2,959,725
Arch Capital Group Ltd.*		391		32,766
Arthur J. Gallagher & Co.		3,357		88,524
Axis Capital Holdings Ltd.		4,643		152,940
Brown & Brown, Inc.		7,776		156,997
Endurance Specialty Holdings Ltd.		637		25,353
Erie Indemnity Co., Class A		2,661	$	149,176
Genworth Financial, Inc., Class A*		11,666		142,559
Hartford Financial Services Group, Inc.		4,812		110,435
Marsh & McLennan Cos., Inc.		64,369		1,552,580
MetLife, Inc.		26,284		1,010,620
Travelers Cos., Inc.		7,030		366,263
Validus Holdings Ltd.		1,172		30,894

				7,165,612

*Real Estate Investment Trusts (REITs) (0.4%)*
AMB Property Corp. (REIT)		2,017		53,390
Apartment Investment & Management Co. (REIT), Class A		7,430		158,853
Digital Realty Trust, Inc. (REIT)		10,620		655,254
Equity Residential (REIT)		2,336		111,124
Essex Property Trust, Inc. (REIT)		1,510		165,254
Federal Realty Investment Trust (REIT)		4,733		386,497
General Growth Properties, Inc. (REIT)		26,082		406,879
Plum Creek Timber Co., Inc. (REIT)		8,934		315,370
ProLogis (REIT)		3,811		44,894
Public Storage (REIT)		16,412		1,592,621
Rayonier, Inc. (REIT)		3,070		153,868
Simon Property Group, Inc. (REIT)		26,129		2,423,203
UDR, Inc. (REIT)		1,856		39,199
Ventas, Inc. (REIT)		5,503		283,790
Vornado Realty Trust (REIT)		1,875		160,369

				6,950,565

*Real Estate Management & Development* (*0.1%*)
CB Richard Ellis Group, Inc., Class A*		36,934		675,153
Jones Lang LaSalle, Inc.		5,422		467,756
St. Joe Co.*		10,733		266,930

				1,409,839

*Thrifts & Mortgage Finance* (*0.0%*)
Capitol Federal Financial		176		4,347
Hudson City Bancorp, Inc.		5,113		62,685

				67,032

Total Financials				82,672,264

Health Care (6.1%)
*Biotechnology* (*0.8%*)
Abraxis Bioscience, Inc.*		353		27,301
Alexion Pharmaceuticals, Inc.*		11,555		743,680
Amylin Pharmaceuticals, Inc.*		18,523		386,205
BioMarin Pharmaceutical, Inc.*		13,106		292,919
Celgene Corp.*		59,446		3,424,684
Dendreon Corp.*		18,573		764,836
Genzyme Corp.*		26,195		1,854,344
Gilead Sciences, Inc.*		108,182		3,852,361
Human Genome Sciences, Inc.*		24,166		719,905
Myriad Genetics, Inc.*		12,609		206,914
Regeneron Pharmaceuticals, Inc.*		8,368		229,283
Talecris Biotherapeutics Holdings Corp.*		6,606		151,145
United Therapeutics Corp.*		6,390		357,904
Vertex Pharmaceuticals, Inc.*		26,081		901,620

				13,913,101

*Health Care Equipment & Supplies* (*2.2%*)
Alcon, Inc.		8,946		1,492,103
Alere, Inc.*		3,164		97,863
Baxter International, Inc.		64,087		3,057,591

See Notes to Portfolio of Investments.

352

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Becton, Dickinson and Co.		30,097	$	2,230,188
C.R. Bard, Inc.		12,266		998,820
CareFusion Corp.*		5,082		126,237
Cooper Cos., Inc.		1,119		51,720
Covidien plc		64,659		2,598,645
DENTSPLY International, Inc.		18,783		600,492
Edwards Lifesciences Corp.*		14,615		979,936
Gen-Probe, Inc.*		6,398		310,047
Hill-Rom Holdings, Inc.		6,863		246,313
Hospira, Inc.*		21,397		1,219,843
IDEXX Laboratories, Inc.*		7,436		458,950
Intuitive Surgical, Inc.*		44,626		12,662,181
Kinetic Concepts, Inc.*		708		25,899
Medtronic, Inc.		109,264		3,669,085
ResMed, Inc.*		19,560		641,764
St. Jude Medical, Inc.*		42,150		1,658,181
Stryker Corp.		40,628		2,033,431
Teleflex, Inc.		802		45,538
Thoratec Corp.*		7,395		273,467
Varian Medical Systems, Inc.*		15,934		964,007

				36,442,301

*Health Care Providers & Services* (*0.9%*)
AmerisourceBergen Corp.		36,443		1,117,342
Brookdale Senior Living, Inc.*		1,512		24,661
Cardinal Health, Inc.		16,066		530,821
Community Health Systems, Inc.*		8,481		262,656
DaVita, Inc.*		13,401		925,071
Emdeon, Inc., Class A*		3,115		37,941
Emergency Medical Services Corp., Class A*		3,829		203,894
Express Scripts, Inc.*		70,699		3,443,041
Health Management Associates, Inc., Class A*		32,290		247,341
Henry Schein, Inc.*		11,786		690,424
Laboratory Corp. of America Holdings*		13,461		1,055,746
Lincare Holdings, Inc.		12,819		321,629
McKesson Corp.		15,122		934,237
Medco Health Solutions, Inc.*		55,921		2,911,247
MEDNAX, Inc.*		5,730		305,409
Omnicare, Inc.		1,517		36,226
Patterson Cos., Inc.		13,172		377,378
Quest Diagnostics, Inc.		16,642		839,922
Tenet Healthcare Corp.*		45,080		212,778
Universal Health Services, Inc., Class B		775		30,116
VCA Antech, Inc.*		11,086		233,804

				14,741,684

*Health Care Technology* (*0.1%*)
Allscripts Healthcare Solutions, Inc.*		14,978		276,644
Cerner Corp.*		8,876		745,495
SXC Health Solutions Corp.*		7,898		288,040

				1,310,179

*Life Sciences Tools & Services* (*0.2%*)
Charles River Laboratories International, Inc.*		2,030		67,295
Covance, Inc.*		8,341		390,275
Illumina, Inc.*		15,775		776,130
Life Technologies Corp.*		16,676		778,602
Mettler-Toledo International, Inc.*		4,339		539,945
PerkinElmer, Inc.		6,914		159,990
Pharmaceutical Product Development, Inc.		13,606		337,293
Techne Corp.		4,808	$	296,798
Waters Corp.*		11,988		848,511

				4,194,839

*Pharmaceuticals* (*1.9%*)
Abbott Laboratories, Inc.		179,593		9,381,938
Allergan, Inc.		39,223		2,609,506
Eli Lilly and Co.		30,173		1,102,220
Johnson & Johnson		53,364		3,306,434
Merck & Co., Inc.		362,746		13,352,680
Mylan, Inc.*		33,544		630,963
Perrigo Co.		10,419		669,108
Warner Chilcott plc, Class A		11,612		260,573

				31,313,422

Total Health Care				101,915,526

Industrials (10.2%)
*Aerospace & Defense* (*2.8%*)
Alliant Techsystems, Inc.*		4,021		303,183
Boeing Co.		79,307		5,277,088
General Dynamics Corp.		164,609		10,339,091
Goodrich Corp.		167,385		12,341,296
Honeywell International, Inc.		98,831		4,342,634
Lockheed Martin Corp.		31,299		2,230,993
Precision Castparts Corp.		18,393		2,342,349
Rockwell Collins, Inc.		10,678		621,993
Spirit AeroSystems Holdings, Inc., Class A*		2,064		41,135
TransDigm Group, Inc.		6,352		394,142
United Technologies Corp.		110,009		7,835,941

				46,069,845

*Air Freight & Logistics* (*1.0%*)
C.H. Robinson Worldwide, Inc.		21,397		1,496,078
Expeditors International of Washington, Inc.		27,459		1,269,430
FedEx Corp.		91,739		7,843,684
United Parcel Service, Inc., Class B		92,117		6,143,283
UTi Worldwide, Inc.		10,974		176,462

				16,928,937

*Airlines* (*0.1%*)
AMR Corp.*		13,853		86,858
Continental Airlines, Inc., Class B*		18,012		447,418
Copa Holdings S.A., Class A		2,521		135,907
Delta Air Lines, Inc.*		102,236		1,190,027
Southwest Airlines Co.		12,766		166,852
UAL Corp.*		16,258		384,177

				2,411,239

*Building Products* (*0.0%*)
Armstrong World Industries, Inc.*		213		8,842
Lennox International, Inc.		6,059		252,600
Masco Corp.		13,875		152,764
Owens Corning, Inc.*		8,191		209,935
USG Corp.*		3,559		46,943

				671,084

*Commercial Services & Supplies* (*0.2%*)
Avery Dennison Corp.		810		30,067
Copart, Inc.*		9,316		307,149
Corrections Corp. of America*		2,447		60,392
Covanta Holding Corp.		968		15,246
Iron Mountain, Inc.		23,572		526,598
KAR Auction Services, Inc.*		326		4,111
Pitney Bowes, Inc.		19,140		409,213
R.R. Donnelley & Sons Co.		1,406		23,846
Republic Services, Inc.		12,515		381,582

See Notes to Portfolio of Investments.

353

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Stericycle, Inc.*		10,915	$	758,374
Waste Connections, Inc.*		7,919		314,068

				2,830,646

*Construction & Engineering* (*0.1%*)
Aecom Technology Corp.*		4,030		97,768
Chicago Bridge & Iron Co. N.V. (N.Y. Shares)*		5,278		129,047
Fluor Corp.		1,382		68,450
Jacobs Engineering Group, Inc.*		9,739		376,899
KBR, Inc.		1,201		29,593
Shaw Group, Inc.*		6,264		210,220

				911,977

*Electrical Equipment* (*0.6%*)
AMETEK, Inc.		13,717		655,261
Babcock & Wilcox Co.*		11,775		250,572
Cooper Industries plc		21,609		1,057,328
Emerson Electric Co.		97,151		5,115,972
General Cable Corp.*		2,405		65,223
Hubbell, Inc., Class B		3,112		157,934
Regal-Beloit Corp.		4,162		244,268
Rockwell Automation, Inc.		18,393		1,135,400
Roper Industries, Inc.		12,121		790,047
Thomas & Betts Corp.*		1,183		48,527

				9,520,532

*Industrial Conglomerates* (*0.8%*)
3M Co.		92,037		7,980,528
Carlisle Cos., Inc.		556		16,652
General Electric Co.		319,506		5,191,973
Textron, Inc.		18,156		373,287
Tyco International Ltd.		9,550		350,772

				13,913,212

*Machinery* (*3.1%*)
Bucyrus International, Inc.		9,696		672,418
Caterpillar, Inc.		81,031		6,375,519
CNH Global N.V.*		566		20,738
Cummins, Inc.		87,399		7,916,601
Danaher Corp.		63,518		2,579,466
Deere & Co.		51,732		3,609,859
Donaldson Co., Inc.		9,944		468,661
Dover Corp.		15,224		794,845
Eaton Corp.		205,479		16,949,963
Flowserve Corp.		6,146		672,495
Gardner Denver, Inc.		6,389		342,961
Graco, Inc.		7,817		248,033
Harsco Corp.		776		19,074
IDEX Corp.		8,654		307,304
Illinois Tool Works, Inc.		56,844		2,672,805
Joy Global, Inc.		13,278		933,709
Kennametal, Inc.		7,886		243,914
Lincoln Electric Holdings, Inc.		5,493		317,605
Manitowoc Co., Inc.		16,935		205,083
Navistar International Corp.*		9,175		400,397
Oshkosh Corp.*		11,579		318,422
PACCAR, Inc.		47,069		2,266,372
Pall Corp.		15,079		627,890
Parker Hannifin Corp.		5,878		411,813
Pentair, Inc.		6,617		222,530
SPX Corp.		1,248		78,973
Timken Co.		8,219		315,281
Toro Co.		4,040		227,169
Valmont Industries, Inc.		2,858		206,919
WABCO Holdings, Inc.*		8,421		353,177
Wabtec Corp.		964	$	46,070

				50,826,066

*Marine* (*0.0%*)
Kirby Corp.*		451		18,067

*Professional Services* (*0.1%*)
Dun & Bradstreet Corp.		6,499		481,836
FTI Consulting, Inc.*		4,888		169,565
IHS, Inc., Class A*		6,247		424,796
Robert Half International, Inc.		19,350		503,100
Towers Watson & Co., Class A		838		41,213
Verisk Analytics, Inc., Class A*		13,326		373,261

				1,993,771

*Road & Rail* (*1.3%*)
Con-way, Inc.		553		17,138
Hertz Global Holdings, Inc.*		21,316		225,737
J.B. Hunt Transport Services, Inc.		11,758		408,003
Kansas City Southern*		7,786		291,274
Landstar System, Inc.		6,468		249,794
Ryder System, Inc.		3,616		154,656
Union Pacific Corp.		247,398		20,237,156

				21,583,758

*Trading Companies & Distributors* (*0.1%*)
Fastenal Co.		17,076		908,272
GATX Corp.		1,602		46,971
MSC Industrial Direct Co., Class A		5,632		304,353
W.W. Grainger, Inc.		7,983		950,855
WESCO International, Inc.*		1,772		69,622

				2,280,073

Total Industrials				169,959,207

Information Technology (18.3%)
*Communications Equipment* (*2.4%*)
Ciena Corp.*		11,940		185,906
Cisco Systems, Inc.*		1,169,185		25,605,151
F5 Networks, Inc.*		10,338		1,073,188
Harris Corp.		16,747		741,725
JDS Uniphase Corp.*		27,836		344,888
Juniper Networks, Inc.*		67,865		2,059,703
Polycom, Inc.*		10,991		299,834
QUALCOMM, Inc.		211,593		9,547,076

				39,857,471

*Computers & Peripherals* (*5.2%*)
Apple, Inc.*		213,304		60,525,010
Dell, Inc.*		219,487		2,844,552
Diebold, Inc.		1,826		56,770
EMC Corp.*		265,156		5,385,318
Hewlett-Packard Co.		302,498		12,726,091
NCR Corp.*		20,677		281,828
NetApp, Inc.*		44,570		2,219,140
QLogic Corp.*		14,411		254,210
SanDisk Corp.*		29,665		1,087,222
Seagate Technology plc*		45,391		534,706
Western Digital Corp.*		6,768		192,144

				86,106,991

*Electronic Equipment, Instruments & Components* (*0.3%*)
Agilent Technologies, Inc.*		45,061		1,503,686
Amphenol Corp., Class A		22,385		1,096,417
Arrow Electronics, Inc.*		1,720		45,976
AVX Corp.		467		6,454
Corning, Inc.		25,162		459,961
Dolby Laboratories, Inc., Class A*		6,906		392,330
FLIR Systems, Inc.*		19,777		508,269

See Notes to Portfolio of Investments.

354

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Ingram Micro, Inc., Class A*		1,237	$	20,856
Itron, Inc.*		4,823		295,312
Jabil Circuit, Inc.		16,418		236,583
National Instruments Corp.		7,458		243,578
Trimble Navigation Ltd.*		15,645		548,201

				5,357,623

*Internet Software & Services* (*2.4%*)
Akamai Technologies, Inc.*		23,427		1,175,567
Baidu, Inc. (ADR)*		180,905		18,564,471
eBay, Inc.*		56,375		1,375,550
Equinix, Inc.*		5,871		600,897
Google, Inc., Class A*		31,428		16,524,528
IAC/InterActiveCorp*		4,586		120,474
Monster Worldwide, Inc.*		8,385		108,670
VeriSign, Inc.*		23,538		747,096
VistaPrint N.V.*		5,642		218,063
WebMD Health Corp.*		7,659		381,954
Yahoo!, Inc.*		75,391		1,068,291

				40,885,561

*IT Services* (*2.8%*)
Accenture plc, Class A		78,852		3,350,422
Alliance Data Systems Corp.*		6,920		451,599
Amdocs Ltd.*		7,455		213,660
Automatic Data Processing, Inc.		64,880		2,726,906
Broadridge Financial Solutions, Inc.		14,896		340,672
Cognizant Technology Solutions Corp., Class A*		38,622		2,489,960
DST Systems, Inc.		4,572		205,008
Fiserv, Inc.*		13,129		706,603
Gartner, Inc.*		9,429		277,590
Genpact Ltd.*		8,492		150,563
Global Payments, Inc.		10,526		451,460
Hewitt Associates, Inc., Class A*		12,076		608,993
International Business Machines Corp.		165,486		22,198,292
Lender Processing Services, Inc.		12,229		406,370
Mastercard, Inc., Class A		12,554		2,812,096
NeuStar, Inc., Class A*		9,668		240,346
Paychex, Inc.		41,629		1,144,381
SAIC, Inc.*		39,902		637,634
Teradata Corp.*		21,528		830,120
Visa, Inc., Class A		60,227		4,472,457
Western Union Co.		86,697		1,531,936

				46,247,068

*Office Electronics* (*0.0%*)
Zebra Technologies Corp., Class A*		4,257		143,205

*Semiconductors & Semiconductor Equipment* (*1.8%*)
Advanced Micro Devices, Inc.*		29,666		210,925
Altera Corp.		38,911		1,173,556
Analog Devices, Inc.		38,435		1,206,090
Applied Materials, Inc.		173,270		2,023,794
Atheros Communications, Inc.*		9,019		237,651
Atmel Corp.*		53,185		423,353
Avago Technologies Ltd.*		13,692		308,207
Broadcom Corp., Class A		64,014		2,265,455
Cree, Inc.*		13,865		752,731
Cypress Semiconductor Corp.*		21,147		266,029
First Solar, Inc.*		7,151		1,053,700
Intel Corp.		490,914		9,440,276
Intersil Corp., Class A		5,694		66,563
KLA-Tencor Corp.		1,206		42,487
Lam Research Corp.*		16,320		682,992
Linear Technology Corp.		28,912	$	888,466
Marvell Technology Group Ltd.*		69,832		1,222,758
Maxim Integrated Products, Inc.		39,000		721,890
MEMC Electronic Materials, Inc.*		12,227		145,746
Microchip Technology, Inc.		23,765		747,409
National Semiconductor Corp.		28,139		359,335
Novellus Systems, Inc.*		10,989		292,088
NVIDIA Corp.*		73,808		862,077
ON Semiconductor Corp.*		55,418		399,564
PMC-Sierra, Inc.*		1,567		11,533
Rambus, Inc.*		13,534		282,049
Silicon Laboratories, Inc.*		5,934		217,481
Skyworks Solutions, Inc.*		22,804		471,587
SunPower Corp., Class A*		4,910		70,704
Teradyne, Inc.*		23,249		258,994
Texas Instruments, Inc.		71,416		1,938,230
Varian Semiconductor Equipment Associates, Inc.*		9,620		276,864
Xilinx, Inc.		33,389		888,481

				30,209,065

*Software* (*3.4%*)
Activision Blizzard, Inc.		18,126		196,123
Adobe Systems, Inc.*		67,902		1,775,637
ANSYS, Inc.*		11,673		493,184
Autodesk, Inc.*		29,573		945,449
BMC Software, Inc.*		23,413		947,758
CA, Inc.		40,848		862,710
Cadence Design Systems, Inc.*		34,854		265,936
Citrix Systems, Inc.*		23,960		1,635,030
Compuware Corp.*		16,399		139,883
Electronic Arts, Inc.*		39,970		656,707
FactSet Research Systems, Inc.		6,082		493,433
Informatica Corp.*		11,846		455,005
Intuit, Inc.*		36,181		1,585,090
McAfee, Inc.*		20,125		951,108
MICROS Systems, Inc.*		10,356		438,370
Microsoft Corp.		661,395		16,197,564
Nuance Communications, Inc.*		29,338		458,846
Oracle Corp.		646,958		17,370,822
Red Hat, Inc.*		24,331		997,571
Rovi Corp.*		13,164		663,597
Salesforce.com, Inc.*		62,369		6,972,854
Solera Holdings, Inc.		9,028		398,677
Symantec Corp.*		9,682		146,876
Synopsys, Inc.*		1,195		29,600
VMware, Inc., Class A*		9,479		805,146

				55,882,976

Total Information Technology				304,689,960

Materials (6.1%)
*Chemicals* (*4.2%*)
Air Products & Chemicals, Inc.		27,392		2,268,605
Airgas, Inc.		10,767		731,618
Albemarle Corp.		11,789		551,843
Ashland, Inc.		901		43,942
Celanese Corp.		20,207		648,645
CF Industries Holdings, Inc.		6,607		630,969
Dow Chemical Co.		893,795		24,543,611
E.I. du Pont de Nemours & Co.		40,321		1,799,123
Eastman Chemical Co.		1,932		142,968
Ecolab, Inc.		30,102		1,527,375
FMC Corp.		6,413		438,713
International Flavors & Fragrances, Inc.		10,257		497,670

See Notes to Portfolio of Investments.

355

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Lubrizol Corp.		8,799	$	932,430
Monsanto Co.		323,718		15,515,804
Mosaic Co.		20,394		1,198,351
Nalco Holding Co.		16,710		421,259
PPG Industries, Inc.		3,518		256,110
Praxair, Inc.		172,874		15,603,607
RPM International, Inc.		8,358		166,491
Scotts Miracle-Gro Co., Class A		5,924		306,449
Sherwin-Williams Co.		7,335		551,152
Sigma-Aldrich Corp.		14,451		872,551
Valspar Corp.		1,293		41,182

				69,690,468

*Construction Materials* (*0.0%*)
Eagle Materials, Inc.		5,654		134,000
Martin Marietta Materials, Inc.		5,861		451,121

				585,121

*Containers & Packaging* (*0.1%*)
Ball Corp.		2,500		147,125
Crown Holdings, Inc.*		20,894		598,822
Owens-Illinois, Inc.*		6,573		184,439
Pactiv Corp.*		15,393		507,661
Temple-Inland, Inc.		2,567		47,900

				1,485,947

*Metals & Mining* (*1.7%*)
AK Steel Holding Corp.		2,112		29,167
Alcoa, Inc.		19,091		231,192
Allegheny Technologies, Inc.		12,711		590,426
BHP Billiton plc (ADR)		222,889		14,247,065
Carpenter Technology Corp.		5,673		191,237
Cliffs Natural Resources, Inc.		17,469		1,116,618
Compass Minerals International, Inc.		4,221		323,413
Freeport-McMoRan Copper & Gold, Inc.		60,608		5,175,317
Newmont Mining Corp.		61,363		3,854,210
Nucor Corp.		17,438		666,131
Reliance Steel & Aluminum Co.		1,081		44,894
Royal Gold, Inc.		1,077		53,678
Schnitzer Steel Industries, Inc., Class A		572		27,616
Southern Copper Corp.		21,819		766,283
Titanium Metals Corp.*		11,024		220,039
United States Steel Corp.		3,477		152,432
Walter Energy, Inc.		5,440		442,218

				28,131,936

*Paper & Forest Products* (*0.1%*)
International Paper Co.		43,814		952,955

Total Materials				100,846,427

Telecommunication Services (0.4%)
*Diversified Telecommunication Services (0.1%)*
Frontier Communications Corp.		48,830		398,941
Level 3 Communications, Inc.*		82,467		77,296
tw telecom, Inc.*		19,568		363,378
Windstream Corp.		25,865		317,881

				1,157,496

*Wireless Telecommunication Services* (*0.3%*)
American Tower Corp., Class A*		52,095		2,670,390
Clearwire Corp., Class A*		14,950		120,945
Crown Castle International Corp.*		37,464		1,654,036
MetroPCS Communications, Inc.*		15,498		162,109
NII Holdings, Inc.*		17,047		700,632
SBA Communications Corp., Class A*		15,093	$	608,248

				5,916,360

Total Telecommunication Services				7,073,856

Utilities (0.0%)
*Electric Utilities* (*0.0%*)
ITC Holdings Corp.		5,684		353,829

*Independent Power Producers & Energy Traders (0.0%)*
Calpine Corp.*		20,938		260,678
Ormat Technologies, Inc.		1,291		37,659

				298,337

Total Utilities				652,166

Total Common Stocks (68.9%) (Cost $912,022,506)				1,147,450,543

INVESTMENT COMPANIES:
*Exchange Traded Funds (ETFs)(9.1%)*
iShares Morningstar Large Core Index Fund		25,823		1,660,419
iShares Morningstar Large Growth Index Fund		692,165		40,588,556
iShares Morningstar Large Value Index Fund		175,668		9,614,310
iShares NYSE 100 Index Fund		11,194		614,734
iShares Russell 1000 Growth Index Fund		593,618		30,494,157
iShares Russell 1000 Index Fund		42,225		2,666,509
iShares Russell 1000 Value Index Fund		103,390		6,098,976
iShares S&P 100 Index Fund		47,087		2,424,980
iShares S&P 500 Growth Index Fund.		670,250		39,792,742
iShares S&P 500 Index Fund		27,879		3,191,867
iShares S&P 500 Value Index Fund		90,504		4,909,842
Vanguard Growth ETF		29,600		1,627,260
Vanguard Value ETF		150,300		7,319,610

Total Investment Companies (9.1%) (Cost $126,023,678)				151,003,962


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Short-Term Investment (18.9%)
BlackRock Liquidity Funds TempFund
0.23% ‡	$	314,828,174		314,828,174

Time Deposit (1.6%)
JPMorgan Chase Nassau
0.000%, 10/1/10		25,532,581		25,532,581

Total Short-Term Investments (20.5%) (Amortized Cost $340,360,755)				340,360,755

Total Investments (98.5%) (Cost/Amortized Cost $1,378,406,939)				1,638,815,260
Other Assets Less Liabilities (1.5%)				25,059,808

Net Assets (100%)			$	1,663,875,068

See Notes to Portfolio of Investments.

356

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

*	Non-Income producing.

‡	Affiliated company as defined under the Investment Company Act of 1940.

Glossary:

ADR — American Depositary Receipt

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	—	$	474,195,994	$	159,367,820	$	314,828,174	$	205,712	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


Purchases	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
NASDAQ 100 E-Mini Index		1,711		December-10	$	64,526,652	$	68,286,010	$	3,759,358
S&P 500 E-Mini Index		4,813		December-10		264,288,541		273,546,855		9,258,314

									$	13,017,672

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc. )		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	199,662,851	$	—	$	—	$	199,662,851
Consumer Staples		87,471,383		—		—		87,471,383
Energy		92,506,903		—		—		92,506,903
Financials		82,672,264		—		—		82,672,264
Health Care		101,915,526		—		—		101,915,526
Industrials		169,959,207		—		—		169,959,207
Information Technology		304,689,960		—		—		304,689,960
Materials		100,846,427		—		—		100,846,427
Telecommunication Services		7,073,856		—		—		7,073,856
Utilities		652,166		—		—		652,166
Futures		13,017,672		—		—		13,017,672
Investment Companies
Exchange Traded Funds (ETFs)		151,003,962		—		—		151,003,962
Short-Term Investments		—		340,360,755		—		340,360,755

Total Assets	$	1,311,472,177	$	340,360,755	$	—	$	1,651,832,932

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	1,311,472,177	$	340,360,755	$	—	$	1,651,832,932

See Notes to Portfolio of Investments.

357

EQ ADVISORS TRUST

EQ/LARGE CAP GROWTH PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	473,033,116
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	803,055,043

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	200,040,051
Aggregate gross unrealized depreciation		(15,117,067	)

Net unrealized appreciation	$	184,922,984

Federal income tax cost of investments	$	1,453,892,276

See Notes to Portfolio of Investments.

358

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (7.4%)
*Auto Components* (*0.2%*)
Autoliv, Inc.		1,254	$	81,924
BorgWarner, Inc.*		194		10,208
Federal-Mogul Corp.*		278		5,257
Johnson Controls, Inc.		826		25,193
Lear Corp.*		800		63,144
TRW Automotive Holdings Corp.*		600		24,936

				210,662

*Distributors* (*0.1%*)
Genuine Parts Co.		3,501		156,110

*Diversified Consumer Services* (*0.1%*)
Education Management Corp.*		300		4,404
H&R Block, Inc.		4,300		55,685
Service Corp. International		5,675		48,918

				109,007

*Hotels, Restaurants & Leisure* (*0.5%)*
Brinker International, Inc.		300		5,658
Carnival Corp.		6,014		229,795
Choice Hotels International, Inc.		494		18,011
Hyatt Hotels Corp., Class A*		1,000		37,390
International Speedway Corp., Class A		399		9,736
MGM Resorts International*		5,052		56,987
Penn National Gaming, Inc.*		1,480		43,823
Royal Caribbean Cruises Ltd.*		1,740		54,862
Wendy’s/Arby’s Group, Inc., Class A		4,731		21,431
Wyndham Worldwide Corp.		3,983		109,413

				587,106

*Household Durables* (*0.8%*)
D.R. Horton, Inc.		5,950		66,164
Fortune Brands, Inc.		2,949		145,179
Garmin Ltd.		2,370		71,930
Harman International Industries, Inc.*		762		25,458
Jarden Corp.		2,065		64,283
KB Home		1,557		17,641
Leggett & Platt, Inc.		1,252		28,496
Lennar Corp., Class A		3,722		57,244
M.D.C. Holdings, Inc.		802		23,282
Mohawk Industries, Inc.*		1,080		57,564
Newell Rubbermaid, Inc.		6,168		109,852
Pulte Group, Inc.*		7,039		61,662
Stanley Black & Decker, Inc.		3,551		217,605
Toll Brothers, Inc.*		3,237		61,568
Whirlpool Corp.		957		77,479

				1,085,407

*Internet & Catalog Retail* (*0.2%*)
Expedia, Inc.		2,693		75,970
Liberty Media Corp. - Interactive, Class A*		13,181		180,711

				256,681

*Leisure Equipment & Products* (*0.1%*)
Mattel, Inc.		3,375		79,178

*Media* (*4.6%*)
Cablevision Systems Corp. - New York Group, Class A		5,180		135,664
CBS Corp., Class B		13,153		208,607
Central European Media Enterprises Ltd., Class A*		747		18,638
Clear Channel Outdoor Holdings, Inc., Class A*		838		9,578
Comcast Corp., Class A		62,608	$	1,131,953
Discovery Communications, Inc., Class A*		1,700		74,035
DISH Network Corp., Class A		4,484		85,913
Gannett Co., Inc.		5,414		66,213
John Wiley & Sons, Inc., Class A		100		4,086
Lamar Advertising Co., Class A*		952		30,293
Liberty Global, Inc., Class A*		5,156		158,856
Liberty Media Corp. - Capital*		1,570		81,734
Liberty Media Corp. - Starz*		1,162		75,391
Madison Square Garden, Inc., Class A*		945		19,921
McGraw-Hill Cos., Inc.		2,100		69,426
Meredith Corp.		424		14,123
New York Times Co., Class A*		2,956		22,879
News Corp., Class A		39,824		520,101
Omnicom Group, Inc.		1,300		51,324
Regal Entertainment Group, Class A		1,565		20,533
Thomson Reuters Corp.		5,600		210,168
Time Warner Cable, Inc.		7,846		423,606
Time Warner, Inc.		20,184		618,640
Viacom, Inc., Class B		10,759		389,368
Virgin Media, Inc.		7,299		168,023
Walt Disney Co.		43,665		1,445,748
Washington Post Co., Class B		144		57,515

				6,112,336

*Multiline Retail* (*0.3%*)
J.C. Penney Co., Inc.		3,508		95,347
Kohl’s Corp.*		1,719		90,557
Macy’s, Inc.		8,334		192,432
Sears Holdings Corp.*		991		71,491

				449,827

*Specialty Retail* (*0.4%*)
Aaron’s, Inc.		700		12,915
Abercrombie & Fitch Co., Class A		420		16,514
American Eagle Outfitters, Inc.		3,500		52,360
AutoNation, Inc.*		1,072		24,924
Foot Locker, Inc.		3,481		50,579
GameStop Corp., Class A*		3,348		65,989
Gap, Inc.		1,187		22,126
Lowe’s Cos., Inc.		7,604		169,493
Office Depot, Inc.*		4,801		22,085
RadioShack Corp.		2,622		55,927
Signet Jewelers Ltd.*		1,808		57,386

				550,298

*Textiles, Apparel & Luxury Goods* (*0.1%*)
VF Corp.		1,972		159,771

Total Consumer Discretionary				9,756,383

Consumer Staples (10.3%)
*Beverages* (*1.7%*)
Brown-Forman Corp., Class B		542		33,409
Central European Distribution Corp.*		1,578		35,221
Coca-Cola Co.		11,817		691,531
Coca-Cola Enterprises, Inc.		2,730		84,630
Constellation Brands, Inc., Class A*		3,940		69,698
Dr. Pepper Snapple Group, Inc.		3,723		132,241
Hansen Natural Corp.*		200		9,324
Molson Coors Brewing Co., Class B		2,910		137,410
PepsiCo, Inc.		15,300		1,016,532

				2,209,996

See Notes to Portfolio of Investments.

359

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Food & Staples Retailing* (*1.9%*)
BJ’s Wholesale Club, Inc.*		1,161	$	48,182
CVS Caremark Corp.		27,019		850,288
Kroger Co.		13,367		289,529
Safeway, Inc.		8,594		181,849
SUPERVALU, Inc.		4,713		54,341
Walgreen Co.		1,900		63,650
Wal-Mart Stores, Inc.		18,000		963,360

				2,451,199

*Food Products* (*2.6%*)
Archer-Daniels-Midland Co.		14,444		461,052
Bunge Ltd.		3,172		187,656
Campbell Soup Co.		1,637		58,523
ConAgra Foods, Inc.		8,831		193,752
Corn Products International, Inc.		1,635		61,313
Dean Foods Co.*		4,000		40,840
Del Monte Foods Co.		4,371		57,304
Flowers Foods, Inc.		1,032		25,635
General Mills, Inc.		5,968		218,071
H.J. Heinz Co.		4,154		196,775
Hershey Co.		1,479		70,386
Hormel Foods Corp.		1,594		71,092
J.M. Smucker Co.		2,621		158,649
Kellogg Co.		600		30,306
Kraft Foods, Inc., Class A		35,685		1,101,239
McCormick & Co., Inc. (Non-Voting)		1,500		63,060
Mead Johnson Nutrition Co.		3,874		220,469
Ralcorp Holdings, Inc.*		1,184		69,240
Sara Lee Corp.		4,202		56,433
Smithfield Foods, Inc.*		3,103		52,223
Tyson Foods, Inc., Class A		6,622		106,084

				3,500,102

*Household Products* (*3.0%*)
Clorox Co.		160		10,681
Colgate-Palmolive Co.		1,800		138,348
Energizer Holdings, Inc.*		1,542		103,669
Kimberly-Clark Corp.		1,863		121,188
Procter & Gamble Co.		60,202		3,610,314

				3,984,200

*Personal Products* (*0.1%*)
Alberto-Culver Co.		1,504		56,626
NBTY, Inc.*		1,288		70,814

				127,440

*Tobacco* (*1.0%*)
Altria Group, Inc.		19,500		468,390
Lorillard, Inc.		3,441		276,347
Philip Morris International, Inc.		6,600		369,732
Reynolds American, Inc.		3,692		219,268

				1,333,737

Total Consumer Staples				13,606,674

Energy (11.1%)
*Energy Equipment & Services* (*1.5%*)
Atwood Oceanics, Inc.*		981		29,871
Baker Hughes, Inc.		6,830		290,958
Cameron International Corp.*		2,300		98,808
Diamond Offshore Drilling, Inc.		1,000		67,770
Dresser-Rand Group, Inc.*		200		7,378
Exterran Holdings, Inc.*		1,218		27,661
Helmerich & Payne, Inc.		2,121		85,816
McDermott International, Inc.*		1,100		16,258
Nabors Industries Ltd.*		3,743		67,598
National Oilwell Varco, Inc.		9,266		412,059
Oceaneering International, Inc.*		1,200		64,632
Oil States International, Inc.*		1,089	$	50,693
Patterson-UTI Energy, Inc.		3,309		56,518
Pride International, Inc.*		2,316		68,160
Rowan Cos., Inc.*		2,166		65,760
Schlumberger Ltd.		3,813		234,919
SEACOR Holdings, Inc.*		438		37,300
Superior Energy Services, Inc.*		1,566		41,796
Tidewater, Inc.		1,164		52,159
Unit Corp.*		862		32,144
Weatherford International Ltd.*		9,700		165,870

				1,974,128

*Oil, Gas & Consumable Fuels* (*9.6%*)
Alpha Natural Resources, Inc.*		2,300		94,645
Anadarko Petroleum Corp.		11,104		633,483
Apache Corp.		8,138		795,571
Arch Coal, Inc.		1,094		29,221
Atlas Energy, Inc.*		500		14,320
Cabot Oil & Gas Corp.		2,334		70,277
Chesapeake Energy Corp.		14,353		325,095
Chevron Corp.		42,257		3,424,930
Cobalt International Energy, Inc.*		1,800		17,190
Comstock Resources, Inc.*		952		21,411
ConocoPhillips		20,442		1,173,984
Consol Energy, Inc.		2,700		99,792
Continental Resources, Inc.*		67		3,106
Denbury Resources, Inc.*		8,784		139,578
Devon Energy Corp.		9,894		640,538
El Paso Corp.		12,672		156,879
EQT Corp.		200		7,212
Exxon Mobil Corp.		9,267		572,608
Forest Oil Corp.*		896		26,611
Frontier Oil Corp.		2,283		30,592
Frontline Ltd.		181		5,146
Hess Corp.		6,601		390,251
Holly Corp.		300		8,625
Marathon Oil Corp.		11,483		380,087
Mariner Energy, Inc.*		2,072		50,205
Massey Energy Co.		2,312		71,718
Murphy Oil Corp.		3,698		228,980
Newfield Exploration Co.*		2,958		169,908
Noble Energy, Inc.		3,872		290,748
Occidental Petroleum Corp.		14,479		1,133,706
Peabody Energy Corp.		5,900		289,159
Petrohawk Energy Corp.*		1,900		30,666
Pioneer Natural Resources Co.		2,601		169,143
Plains Exploration & Production Co.*		3,061		81,637
QEP Resources, Inc.		3,902		117,606
Quicksilver Resources, Inc.*		2,400		30,240
SandRidge Energy, Inc.*		3,476		19,744
SM Energy Co.		474		17,756
Southern Union Co.		2,877		69,221
Spectra Energy Corp.		14,259		321,540
Sunoco, Inc.		2,741		100,047
Teekay Corp.		924		24,699
Tesoro Corp.		3,109		41,536
Valero Energy Corp.		12,488		218,665
Whiting Petroleum Corp.*		1,226		117,095
Williams Cos., Inc.		7,604		145,312

				12,800,483

Total Energy				14,774,611

Financials (26.7%)
*Capital Markets* (*3.2%*)
Ameriprise Financial, Inc.		4,499		212,938
Ares Capital Corp.		4,200		65,730

See Notes to Portfolio of Investments.

360

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Bank of New York Mellon Corp.		27,068	$	707,287
BlackRock, Inc.		532		90,573
ETRADE Financial Corp.		4,800		69,792
Federated Investors, Inc., Class B		597		13,588
GLG Partners, Inc.*		300		1,350
Goldman Sachs Group, Inc.		11,456		1,656,308
Invesco Ltd.		7,179		152,410
Janus Capital Group, Inc.		3,715		40,679
Jefferies Group, Inc.		2,565		58,200
Legg Mason, Inc.		3,376		102,327
Morgan Stanley		21,377		527,584
Northern Trust Corp.		3,200		154,368
Raymond James Financial, Inc.		2,135		54,079
State Street Corp.		11,100		418,026

				4,325,239

*Commercial Banks* (*5.2%*)
Associated Banc-Corp.		3,921		51,718
BancorpSouth, Inc.		1,837		26,049
Bank of Hawaii Corp.		762		34,229
BB&T Corp.		15,278		367,894
BOK Financial Corp.		553		24,957
CapitalSource, Inc.		7,107		37,951
CIT Group, Inc.*		4,400		179,608
City National Corp./California		985		52,274
Comerica, Inc.		3,845		142,842
Commerce Bancshares, Inc./Missouri		1,557		58,528
Cullen/Frost Bankers, Inc.		1,167		62,866
East West Bancorp., Inc.		3,300		53,724
Fifth Third Bancorp.		17,485		210,345
First Citizens BancShares, Inc./North Carolina, Class A		144		26,679
First Horizon National Corp.*		4,775		54,481
Fulton Financial Corp.		4,512		40,879
Huntington Bancshares, Inc./Ohio		15,793		89,546
KeyCorp		19,407		154,480
M&T Bank Corp.		1,655		135,396
Marshall & Ilsley Corp.		11,646		81,988
PNC Financial Services Group, Inc.		11,618		603,090
Popular, Inc.*		22,579		65,479
Regions Financial Corp.		27,585		200,543
SunTrust Banks, Inc.		11,012		284,440
Synovus Financial Corp.		17,239		42,408
TCF Financial Corp.		3,108		50,318
U.S. Bancorp		42,670		922,525
Valley National Bancorp		3,402		43,886
Wells Fargo & Co.		108,224		2,719,669
Wilmington Trust Corp.		2,048		18,391
Zions Bancorp		4,145		88,537

				6,925,720

*Consumer Finance* (*0.6%*)
AmeriCredit Corp.*		1,313		32,116
Capital One Financial Corp.		10,311		407,800
Discover Financial Services		12,505		208,584
SLM Corp.*		10,695		123,527

				772,027

*Diversified Financial Services* (*6.6%*)
Bank of America Corp.		222,422		2,915,953
CBOE Holdings, Inc.		200		4,008
Citigroup, Inc.*		471,111		1,837,333
CME Group, Inc.		1,478		384,945
Interactive Brokers Group, Inc., Class A*		562		9,672
JPMorgan Chase & Co.		88,190		3,357,393
Leucadia National Corp.*		4,342		102,558
NASDAQ OMX Group, Inc.*		2,726	$	52,966
NYSE Euronext		4,413		126,079

				8,790,907

*Insurance* (*7.4%*)
ACE Ltd.		6,500		378,625
Aflac, Inc.		600		31,026
Alleghany Corp.*		154		46,667
Allied World Assurance Co. Holdings Ltd./Bermuda		1,119		63,324
Allstate Corp.		11,876		374,688
American Financial Group, Inc./Ohio		1,897		58,010
American International Group, Inc.*		2,614		102,207
American National Insurance Co.		112		8,509
Aon Corp.		5,982		233,956
Arch Capital Group Ltd.*		1,077		90,253
Arthur J. Gallagher & Co.		1,755		46,279
Aspen Insurance Holdings Ltd.		1,624		49,175
Assurant, Inc.		2,502		101,831
Assured Guaranty Ltd.		4,100		70,151
Axis Capital Holdings Ltd.		1,903		62,685
Berkshire Hathaway, Inc., Class B*		38,400		3,174,912
Brown & Brown, Inc.		1,182		23,865
Chubb Corp.		7,215		411,183
Cincinnati Financial Corp.		3,190		92,031
CNA Financial Corp.*		697		19,509
Endurance Specialty Holdings Ltd.		875		34,825
Erie Indemnity Co., Class A		226		12,670
Everest Reinsurance Group Ltd.		1,272		109,990
Fidelity National Financial, Inc., Class A		4,885		76,743
Genworth Financial, Inc., Class A*		8,764		107,096
Hanover Insurance Group, Inc.		974		45,778
Hartford Financial Services Group, Inc.		8,988		206,275
HCC Insurance Holdings, Inc.		2,478		64,651
Lincoln National Corp.		6,616		158,255
Loews Corp.		6,965		263,974
Markel Corp.*		224		77,188
Marsh & McLennan Cos., Inc.		928		22,383
MBIA, Inc.*		3,542		35,597
Mercury General Corp.		584		23,868
MetLife, Inc.		9,884		380,040
Old Republic International Corp.		5,437		75,302
OneBeacon Insurance Group Ltd., Class A		519		7,417
PartnerReinsurance Ltd.		1,702		136,466
Principal Financial Group, Inc.		7,000		181,440
Progressive Corp.		14,807		309,022
Protective Life Corp.		1,878		40,865
Prudential Financial, Inc.		10,241		554,857
Reinsurance Group of America, Inc.		1,585		76,540
RenaissanceReinsurance Holdings Ltd.		1,250		74,950
StanCorp Financial Group, Inc.		1,096		41,648
Symetra Financial Corp.		500		5,230
Torchmark Corp.		1,839		97,724
Transatlantic Holdings, Inc.		1,407		71,504
Travelers Cos., Inc.		9,324		485,780
Unitrin, Inc.		1,219		29,731
Unum Group		7,325		162,249
Validus Holdings Ltd.		1,563		41,201
W. R. Berkley Corp.		2,797		75,715
Wesco Financial Corp.		68		24,354
White Mountains Insurance Group Ltd.		161		49,662

See Notes to Portfolio of Investments.

361

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
XL Group plc		7,564	$	163,836

				9,763,712

*Real Estate Investment Trusts (REITs) (3.3%)*
Alexandria Real Estate Equities, Inc. (REIT)		1,086		76,020
AMB Property Corp. (REIT)		3,311		87,642
Annaly Capital Management, Inc. (REIT)		13,645		240,152
Apartment Investment & Management Co. (REIT), Class A		1,332		28,478
AvalonBay Communities, Inc. (REIT)		1,844		191,647
Boston Properties, Inc. (REIT)		3,121		259,418
Brandywine Realty Trust (REIT)		2,793		34,214
BRE Properties, Inc. (REIT)		1,454		60,341
Camden Property Trust (REIT)		1,500		71,955
Chimera Investment Corp. (REIT)		19,448		76,820
CommonWealth REIT (REIT)		1,472		37,683
Corporate Office Properties Trust/Maryland (REIT)		1,252		46,712
Developers Diversified Realty Corp. (REIT)		4,400		49,368
Digital Realty Trust, Inc. (REIT)		100		6,170
Douglas Emmett, Inc. (REIT)		2,633		46,104
Duke Realty Corp. (REIT)		5,263		60,998
Equity Residential (REIT)		5,845		278,047
Essex Property Trust, Inc. (REIT)		429		46,950
Federal Realty Investment Trust (REIT)		510		41,647
General Growth Properties, Inc. (REIT)		1,000		15,600
HCP, Inc. (REIT)		6,845		246,283
Health Care REIT, Inc.		2,948		139,558
Hospitality Properties Trust (REIT)		2,610		58,281
Host Hotels & Resorts, Inc. (REIT)		14,469		209,511
Kimco Realty Corp. (REIT)		8,922		140,522
Liberty Property Trust (REIT)		2,543		81,122
Macerich Co. (REIT)		2,839		121,935
Mack-Cali Realty Corp. (REIT)		1,795		58,714
Nationwide Health Properties, Inc. (REIT)		2,634		101,857
Piedmont Office Realty Trust, Inc. (REIT), Class A		1,200		22,692
Plum Creek Timber Co., Inc. (REIT)		2,075		73,248
ProLogis (REIT)		9,807		115,526
Public Storage (REIT)		300		29,112
Rayonier, Inc. (REIT)		1,270		63,652
Realty Income Corp. (REIT)		2,503		84,401
Regency Centers Corp. (REIT)		1,792		70,730
Senior Housing Properties Trust (REIT)		2,799		65,777
Simon Property Group, Inc. (REIT)		2,034		188,633
SL Green Realty Corp. (REIT)		1,691		107,091
Taubman Centers, Inc. (REIT)		1,149		51,257
UDR, Inc. (REIT)		3,727		78,714
Ventas, Inc. (REIT)		2,520		129,956
Vornado Realty Trust (REIT)		3,269		279,598
Weingarten Realty Investors (REIT)		2,535		55,314

				4,329,450

*Real Estate Management & Development (0.0%)*
Forest City Enterprises, Inc., Class A*		2,677		34,346
St. Joe Co.*		200		4,974

				39,320

*Thrifts & Mortgage Finance* (*0.4%*)
Capitol Federal Financial		400		9,880
First Niagara Financial Group, Inc.		4,594	$	53,520
Hudson City Bancorp, Inc.		9,481		116,237
New York Community Bancorp, Inc.		9,580		155,675
People’s United Financial, Inc.		8,344		109,223
TFS Financial Corp.		1,601		14,713
Washington Federal, Inc.		2,439		37,219

				496,467

Total Financials				35,442,842

Health Care (13.2%)
*Biotechnology* (*1.3%*)
Abraxis Bioscience, Inc.*		100		7,734
Amgen, Inc.*		21,300		1,173,843
Biogen Idec, Inc.*		5,300		297,436
Cephalon, Inc.*		1,700		106,148
Genzyme Corp.*		1,400		99,106

				1,684,267

*Health Care Equipment & Supplies* (*0.9%*)
Alere, Inc.*		1,337		41,353
Baxter International, Inc.		2,200		104,962
Beckman Coulter, Inc.		1,500		73,185
Boston Scientific Corp.*		33,388		204,668
CareFusion Corp.*		3,109		77,228
Cooper Cos., Inc.		842		38,917
Hill-Rom Holdings, Inc.		200		7,178
Hologic, Inc.*		5,792		92,730
Kinetic Concepts, Inc.*		1,217		44,518
Medtronic, Inc.		5,600		188,048
Teleflex, Inc.		702		39,860
Zimmer Holdings, Inc.*		4,500		235,485

				1,148,132

*Health Care Providers & Services* (*2.2%*)
Aetna, Inc.		9,322		294,669
Brookdale Senior Living, Inc.*		1,611		26,275
Cardinal Health, Inc.		5,218		172,403
CIGNA Corp.		6,186		221,335
Community Health Systems, Inc.*		626		19,387
Coventry Health Care, Inc.*		3,287		70,769
Emdeon, Inc., Class A*		200		2,436
Health Net, Inc.*		2,296		62,428
Humana, Inc.*		3,714		186,591
LifePoint Hospitals, Inc.*		1,122		39,337
McKesson Corp.		3,556		219,690
MEDNAX, Inc.*		89		4,744
Omnicare, Inc.		2,385		56,954
Quest Diagnostics, Inc.		400		20,188
Tenet Healthcare Corp.*		3,324		15,689
UnitedHealth Group, Inc.		25,377		890,987
Universal Health Services, Inc., Class B		1,798		69,870
WellPoint, Inc.*		8,986		508,967

				2,882,719

*Life Sciences Tools & Services* (*0.4%*)
Bio-Rad Laboratories, Inc., Class A*		400		36,204
Charles River Laboratories International, Inc.*		1,157		38,355
Life Technologies Corp.*		1,165		54,394
PerkinElmer, Inc.		1,392		32,211
Thermo Fisher Scientific, Inc.*		9,032		432,452

				593,616

*Pharmaceuticals* (*8.4%*)
Abbott Laboratories, Inc.		3,300		172,392
Bristol-Myers Squibb Co.		38,424		1,041,675
Eli Lilly and Co.		17,544		640,882

See Notes to Portfolio of Investments.

362

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Endo Pharmaceuticals Holdings, Inc.*		2,673	$	88,850
Forest Laboratories, Inc.*		6,298		194,797
Johnson & Johnson		52,116		3,229,107
King Pharmaceuticals, Inc.*		5,825		58,017
Merck & Co., Inc.		69,407		2,554,872
Mylan, Inc.*		1,075		20,221
Pfizer, Inc.		178,813		3,070,219
Watson Pharmaceuticals, Inc.*		2,525		106,833

				11,177,865

Total Health Care				17,486,599

Industrials (8.8%)
*Aerospace & Defense* (*1.8%*)
Alliant Techsystems, Inc.*		100		7,540
BE Aerospace, Inc.*		2,123		64,348
Boeing Co.		3,324		221,179
General Dynamics Corp.		7,764		487,657
Goodrich Corp.		2,000		147,460
ITT Corp.		4,044		189,381
L-3 Communications Holdings, Inc.		2,568		185,589
Lockheed Martin Corp.		1,500		106,920
Northrop Grumman Corp.		6,643		402,765
Raytheon Co.		8,434		385,518
Rockwell Collins, Inc.		1,600		93,200
Spirit AeroSystems Holdings, Inc., Class A*		2,019		40,239
United Technologies Corp.		1,784		127,074

				2,458,870

*Air Freight & Logistics* (*0.2%*)
FedEx Corp.		2,469		211,099
UTi Worldwide, Inc.		446		7,172

				218,271

*Airlines* (*0.2%*)
AMR Corp.*		5,000		31,350
Copa Holdings S.A., Class A		200		10,782
Southwest Airlines Co.		14,234		186,038
UAL Corp.*		900		21,267

				249,437

*Building Products* (*0.1%*)
Armstrong World Industries, Inc.*		485		20,132
Masco Corp.		5,568		61,304
Owens Corning, Inc.*		1,017		26,066
USG Corp.*		867		11,436

				118,938

*Commercial Services & Supplies* (*0.7%*)
Avery Dennison Corp.		2,489		92,392
Cintas Corp.		3,042		83,807
Corrections Corp. of America*		2,216		54,691
Covanta Holding Corp.		2,734		43,060
KAR Auction Services, Inc.*		500		6,305
Pitney Bowes, Inc.		1,340		28,649
R.R. Donnelley & Sons Co.		4,337		73,556
Republic Services, Inc.		5,002		152,511
Waste Connections, Inc.*		415		16,459
Waste Management, Inc.		10,633		380,023

				931,453

*Construction & Engineering* (*0.4%*)
Aecom Technology Corp.*		1,500		36,390
Chicago Bridge & Iron Co. N.V. (N.Y. Shares)*		1,300		31,785
Fluor Corp.		3,700		183,261
Jacobs Engineering Group, Inc.*		1,100		42,570
KBR, Inc.		3,342		82,347
Quanta Services, Inc.*		4,658		88,874
Shaw Group, Inc.*		745	$	25,002
URS Corp.*		1,868		70,947

				561,176

*Electrical Equipment* (*0.1%*)
Babcock & Wilcox Co.*		550		11,704
General Cable Corp.*		703		19,065
Hubbell, Inc., Class B		788		39,991
Regal-Beloit Corp.		100		5,869
Thomas & Betts Corp.*		1,032		42,333

				118,962

*Industrial Conglomerates* (*2.6%*)
Carlisle Cos., Inc.		1,139		34,113
General Electric Co.		181,824		2,954,640
Textron, Inc.		2,906		59,747
Tyco International Ltd.		9,600		352,608

				3,401,108

*Machinery* (*1.0%*)
AGCO Corp.*		2,028		79,112
CNH Global N.V.*		500		18,320
Crane Co.		1,046		39,685
Danaher Corp.		916		37,199
Deere & Co.		573		39,984
Dover Corp.		1,514		79,046
Eaton Corp.		2,741		226,105
Flowserve Corp.		200		21,884
Gardner Denver, Inc.		64		3,436
Harsco Corp.		1,638		40,262
IDEX Corp.		301		10,689
Ingersoll-Rand plc		7,100		253,541
Kennametal, Inc.		439		13,578
Parker Hannifin Corp.		2,600		182,156
Pentair, Inc.		1,020		34,303
Snap-On, Inc.		1,303		60,603
SPX Corp.		855		54,104
Terex Corp.*		2,282		52,303
Timken Co.		462		17,722
Trinity Industries, Inc.		1,704		37,948
Wabtec Corp.		900		43,011

				1,344,991

*Marine* (*0.1%*)
Alexander & Baldwin, Inc.		871		30,346
Kirby Corp.*		1,152		46,149

				76,495

*Professional Services* (*0.2%*)
Equifax, Inc.		2,826		88,171
FTI Consulting, Inc.*		200		6,938
Manpower, Inc.		1,848		96,466
Towers Watson & Co., Class A		800		39,344

				230,919

*Road & Rail* (*1.4%*)
Con-way, Inc.		1,186		36,754
CSX Corp.		8,568		473,982
Hertz Global Holdings, Inc.*		600		6,354
Kansas City Southern*		891		33,332
Norfolk Southern Corp.		8,178		486,673
Ryder System, Inc.		558		23,866
Union Pacific Corp.		9,840		804,912

				1,865,873

*Trading Companies & Distributors* (*0.0%*)
GATX Corp.		783		22,958
WESCO International, Inc.*		670		26,324

				49,282

Total Industrials				11,625,775

See Notes to Portfolio of Investments.

363

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Information Technology (5.4%)
*Communications Equipment* (*0.5%*)
Brocade Communications Systems, Inc.*		9,823	$	57,366
CommScope, Inc.*		2,047		48,596
EchoStar Corp., Class A*		776		14,806
Motorola, Inc.*		51,141		436,233
Tellabs, Inc.		8,510		63,399

				620,400

*Computers & Peripherals* (*0.2%*)
Diebold, Inc.		1,171		36,406
Lexmark International, Inc., Class A*		1,773		79,111
Seagate Technology plc*		2,949		34,739
Western Digital Corp.*		3,860		109,586

				259,842

*Electronic Equipment, Instruments & Components* (*0.7%*)
Arrow Electronics, Inc.*		2,374		63,457
Avnet, Inc.*		3,349		90,456
AVX Corp.		791		10,932
Corning, Inc.		30,102		550,265
Ingram Micro, Inc., Class A*		3,199		53,935
Itron, Inc.*		26		1,592
Jabil Circuit, Inc.		1,116		16,081
Molex, Inc.		2,898		60,655
Tech Data Corp.*		1,110		44,733
Vishay Intertechnology, Inc.*		3,567		34,529
Vishay Precision Group, Inc.*		297		4,636

				931,271

*Internet Software & Services* (*0.6%*)
AOL, Inc.*		2,434		60,242
eBay, Inc.*		15,676		382,494
IAC/InterActiveCorp*		1,163		30,552
Monster Worldwide, Inc.*		1,126		14,593
Yahoo!, Inc.*		17,621		249,690

				737,571

*IT Services* (*0.5%*)
Amdocs Ltd.*		3,275		93,861
Broadridge Financial Solutions, Inc.		249		5,695
Computer Sciences Corp.		3,382		155,572
Convergys Corp.*		2,295		23,983
CoreLogic, Inc.		2,667		51,100
Fidelity National Information Services, Inc.		5,881		159,551
Fiserv, Inc.*		1,100		59,202
Total System Services, Inc.		3,665		55,855

				604,819

*Office Electronics* (*0.2%*)
Xerox Corp.		30,411		314,754
Zebra Technologies Corp., Class A*		623		20,958

				335,712

*Semiconductors & Semiconductor Equipment* (*1.3%*)
Advanced Micro Devices, Inc.*		8,118		57,719
Atmel Corp.*		1,080		8,597
Fairchild Semiconductor International, Inc.*		2,644		24,853
Intel Corp.		39,391		757,489
International Rectifier Corp.*		1,533		32,331
Intersil Corp., Class A		2,048		23,941
KLA-Tencor Corp.		3,586		126,335
LSI Corp.*		14,994		68,373
MEMC Electronic Materials, Inc.*		2,900		34,568
Micron Technology, Inc.*		18,859		135,973
National Semiconductor Corp.		500		6,385
Novellus Systems, Inc.*		267		7,097
PMC-Sierra, Inc.*		4,811	$	35,409
SunPower Corp., Class A*		1,300		18,720
Texas Instruments, Inc.		14,700		398,958

				1,736,748

*Software* (*1.4%*)
Activision Blizzard, Inc.		8,368		90,542
CA, Inc.		1,607		33,940
Compuware Corp.*		2,151		18,348
Electronic Arts, Inc.*		400		6,572
Microsoft Corp.		56,500		1,383,685
Novell, Inc.*		7,714		46,052
Symantec Corp.*		15,900		241,203
Synopsys, Inc.*		3,083		76,366

				1,896,708

Total Information Technology				7,123,071

Materials (3.0%)
*Chemicals* (*1.6%*)
Ashland, Inc.		1,551		75,642
Cabot Corp.		1,400		45,598
CF Industries Holdings, Inc.		467		44,599
Cytec Industries, Inc.		1,026		57,846
Dow Chemical Co.		25,524		700,889
E.I. du Pont de Nemours & Co.		13,342		595,320
Eastman Chemical Co.		1,312		97,088
FMC Corp.		516		35,300
Huntsman Corp.		3,956		45,731
Intrepid Potash, Inc.*		934		24,349
PPG Industries, Inc.		3,113		226,626
RPM International, Inc.		1,322		26,334
Sherwin-Williams Co.		800		60,112
Sigma-Aldrich Corp.		200		12,076
Valspar Corp.		2,015		64,178

				2,111,688

*Construction Materials* (*0.1%*)
Vulcan Materials Co.		2,844		105,001

*Containers & Packaging* (*0.4%*)
AptarGroup, Inc.		1,544		70,514
Ball Corp.		1,573		92,571
Bemis Co., Inc.		2,325		73,819
Greif, Inc., Class A		801		47,131
Owens-Illinois, Inc.*		2,502		70,206
Packaging Corp. of America		2,398		55,562
Pactiv Corp.*		341		11,246
Sealed Air Corp.		3,564		80,119
Sonoco Products Co.		2,131		71,261
Temple-Inland, Inc.		1,894		35,342

				607,771

*Metals & Mining* (*0.6%*)
AK Steel Holding Corp.		2,035		28,103
Alcoa, Inc.		19,217		232,718
Commercial Metals Co.		2,370		34,341
Nucor Corp.		3,928		150,050
Reliance Steel & Aluminum Co.		1,429		59,346
Royal Gold, Inc.		941		46,899
Schnitzer Steel Industries, Inc., Class A		424		20,471
Steel Dynamics, Inc.		4,950		69,845
United States Steel Corp.		2,523		110,608
Walter Energy, Inc.		300		24,387

				776,768

*Paper & Forest Products* (*0.3%*)
Domtar Corp.		900		58,122

See Notes to Portfolio of Investments.

364

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
International Paper Co.		2,089	$	45,436
MeadWestvaco Corp.		3,717		90,620
Weyerhaeuser Co.		11,852		186,788

				380,966

Total Materials				3,982,194

Telecommunication Services (5.3%)
*Diversified Telecommunication Services* (*4.9%*)
AT&T, Inc.		131,300		3,755,180
CenturyLink, Inc.		6,596		260,278
Frontier Communications Corp.		13,436		109,772
Level 3 Communications, Inc.*		22,433		21,026
Qwest Communications International, Inc.		38,280		240,016
Verizon Communications, Inc.		62,707		2,043,621
Windstream Corp.		6,458		79,369

				6,509,262

*Wireless Telecommunication Services* (*0.4%*)
Clearwire Corp., Class A*		790		6,391
Leap Wireless International, Inc.*		1,350		16,672
MetroPCS Communications, Inc.*		2,900		30,334
NII Holdings, Inc.*		787		32,346
Sprint Nextel Corp.*		64,963		300,779
Telephone & Data Systems, Inc.		1,948		63,894
U.S. Cellular Corp.*		345		15,860

				466,276

Total Telecommunication Services				6,975,538

Utilities (7.3%)
*Electric Utilities* (*3.6%*)
Allegheny Energy, Inc.		3,780		92,686
American Electric Power Co., Inc.		10,556		382,444
DPL, Inc.		2,493		65,142
Duke Energy Corp.		28,971		513,076
Edison International		7,178		246,851
Entergy Corp.		4,187		320,431
Exelon Corp.		14,591		621,285
FirstEnergy Corp.		6,711		258,642
Great Plains Energy, Inc.		2,944		55,641
Hawaiian Electric Industries, Inc.		2,021		45,553
ITC Holdings Corp.		100		6,225
NextEra Energy, Inc.		9,161		498,267
Northeast Utilities		3,942		116,565
NV Energy, Inc.		5,161		67,867
Pepco Holdings, Inc.		4,887		90,898
Pinnacle West Capital Corp.		2,396		98,883
PPL Corp.		10,600		288,638
Progress Energy, Inc.		6,373		283,089
Southern Co.		18,454		687,227
Westar Energy, Inc.		2,364		57,280

				4,796,690

*Gas Utilities* (*0.4%*)
AGL Resources, Inc.		1,706		65,442
Atmos Energy Corp.		2,149		62,858
Energen Corp.		1,600		73,152
National Fuel Gas Co.		1,641		85,020
Oneok, Inc.		2,321		104,538
Questar Corp.		3,902		68,402
UGI Corp.		2,399		68,636

				528,048

*Independent Power Producers & Energy Traders* (*0.4%*)
AES Corp.*		14,724		167,117
Calpine Corp.*		4,097		51,008
Constellation Energy Group, Inc.		4,076		131,410
Mirant Corp.*		3,089		30,767
NRG Energy, Inc.*		5,660	$	117,841
Ormat Technologies, Inc.		200		5,834
RRI Energy, Inc.*		7,546		26,788

				530,765

*Multi-Utilities* (*2.8%*)
Alliant Energy Corp.		2,472		89,857
Ameren Corp.		5,197		147,595
CenterPoint Energy, Inc.		9,298		146,165
CMS Energy Corp.		4,913		88,532
Consolidated Edison, Inc.		6,247		301,230
Dominion Resources, Inc.		13,156		574,391
DTE Energy Co.		3,762		172,789
Integrys Energy Group, Inc.		1,691		88,034
MDU Resources Group, Inc.		4,255		84,887
NiSource, Inc.		6,166		107,288
NSTAR		2,354		92,630
OGE Energy Corp.		2,135		85,122
PG&E Corp.		8,196		372,262
Public Service Enterprise Group, Inc.		11,170		369,504
SCANA Corp.		2,532		102,090
Sempra Energy		5,450		293,210
TECO Energy, Inc.		4,638		80,330
Vectren Corp.		1,748		45,221
Wisconsin Energy Corp.		2,575		148,835
Xcel Energy, Inc.		10,117		232,388

				3,622,360

*Water Utilities* (*0.1%*)
American Water Works Co., Inc.				89,217
Aqua America, Inc.		3,834		61,690

		3,024		150,907

Total Utilities				9,628,770

Total Common Stocks (98.5%) (Cost $118,119,095)				130,402,457


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Government Securities (0.1%)
U.S. Treasury Bills
0.13%, 10/14/10 #(p)	$	194,000		193,990

Time Deposit (1.3%)
JPMorgan Chase Nassau
0.000%, 10/1/10		1,704,292		1,704,292

Total Short-Term Investments (1.4%) (Cost/Amortized Cost $1,898,287)				1,898,282

Total Investments (99.9%) (Cost/Amortized Cost $120,017,382)				132,300,739
Other Assets Less Liabilities (0.1%)				119,354

Net Assets (100%)			$	132,420,093

*	Non-income producing.

#	All, or a portion of security held by broker as collateral for financial futures contracts, with a total collateral value of $193,990.

(p)

Yield to maturity.

See Notes to Portfolio of Investments.

365

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchases
Russell 1000 Mini Index		4		December-10	$	242,538	$	250,960	$	8,422
S&P 500 E-Mini Index		25		December-10		1,377,594		1,420,875		43,281
S&P MidCap 400 E-Mini Index		6		December-10		456,199		480,060		23,861

									$	75,564

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	9,756,383	$	—	$	—	$	9,756,383
Consumer Staples		13,606,674		—				13,606,674
Energy		14,774,611		—		—		14,774,611
Financials		35,442,842		—		—		35,442,842
Health Care		17,486,599		—		—		17,486,599
Industrials		11,625,775		—		—		11,625,775
Information Technology		7,123,071		—		—		7,123,071
Materials		3,982,194		—		—		3,982,194
Telecommunication Services		6,975,538		—		—		6,975,538
Utilities		9,628,770		—		—		9,628,770
Futures		75,564		—		—		75,564
Short-Term Investments		—		1,898,282		—		1,898,282

Total Assets	$	130,478,021	$	1,898,282	$	—	$	132,376,303

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	130,478,021	$	1,898,282	$	—	$	132,376,303

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	39,719,432
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	33,993,126

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	10,726,731
Aggregate gross unrealized depreciation		(2,899,140	)

Net unrealized appreciation	$	7,827,591

Federal income tax cost of investments	$	124,473,148

See Notes to Portfolio of Investments.

366

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (9.6%)
*Auto Components* (*0.4%*)
Autoliv, Inc.		16,500	$	1,077,945
BorgWarner, Inc.*		2,700		142,074
Federal-Mogul Corp.*		4,300		81,313
Johnson Controls, Inc.		11,200		341,600
Lear Corp.*		86,200		6,803,766
TRW Automotive Holdings Corp.*		152,500		6,337,900

				14,784,598

*Automobiles* (*0.4%*)
Ford Motor Co.*		1,139,100		13,942,584
Tesla Motors, Inc.*		1,330		26,946

				13,969,530

*Distributors* (*0.1%*)
Genuine Parts Co.		46,400		2,068,976

*Diversified Consumer Services* (*0.0%*)
Education Management Corp.*		5,400		79,272
H&R Block, Inc.		56,400		730,380
Service Corp. International		74,400		641,328

				1,450,980

*Hotels, Restaurants & Leisure* (*0.4%*)
Brinker International, Inc.		3,800		71,668
Carnival Corp.		79,900		3,052,979
Choice Hotels International, Inc.		7,500		273,450
Hyatt Hotels Corp., Class A*		12,700		474,853
International Speedway Corp., Class A		5,600		136,640
MGM Resorts International*		67,000		755,760
Penn National Gaming, Inc.*		19,800		586,278
Royal Caribbean Cruises Ltd.*		197,700		6,233,481
Wendy’s/Arby’s Group, Inc., Class A		59,200		268,176
Wyndham Worldwide Corp.		52,600		1,444,922

				13,298,207

*Household Durables* (*1.2%*)
D.R. Horton, Inc.		431,800		4,801,616
Fortune Brands, Inc.		39,100		1,924,893
Garmin Ltd.		373,500		11,335,725
Harman International Industries, Inc.*		10,600		354,146
Jarden Corp.		26,900		837,397
KB Home		22,400		253,792
Leggett & Platt, Inc.		17,600		400,576
Lennar Corp., Class A		46,500		715,170
M.D.C. Holdings, Inc.		11,000		319,330
Mohawk Industries, Inc.*		14,400		767,520
Newell Rubbermaid, Inc.		81,200		1,446,172
NVR, Inc.*		11,900		7,705,607
Pulte Group, Inc.*		615,202		5,389,169
Stanley Black & Decker, Inc.		46,902		2,874,155
Toll Brothers, Inc.*		42,200		802,644
Whirlpool Corp.		12,600		1,020,096

				40,948,008

*Internet & Catalog Retail* (*0.1%*)
Expedia, Inc.		35,200		992,992
Liberty Media Corp. - Interactive, Class A*		174,400		2,391,024

				3,384,016

*Leisure Equipment & Products* (*0.0%*)
Mattel, Inc.		44,700		1,048,662

*Media* (*5.0%*)
Cablevision Systems Corp. - New York Group, Class A		385,500	$	10,096,245
CBS Corp., Class B		726,400		11,520,704
Central European Media Enterprises Ltd., Class A*		11,000		274,450
Clear Channel Outdoor Holdings, Inc., Class A*		11,800		134,874
Comcast Corp., Class A		1,435,400		25,952,032
DIRECTV, Class A*		229,900		9,570,737
Discovery Communications, Inc., Class A*		22,300		971,165
DISH Network Corp., Class A		58,400		1,118,944
Gannett Co., Inc.		484,500		5,925,435
Interpublic Group of Cos., Inc.*		620,800		6,226,624
John Wiley & Sons, Inc., Class A		1,000		40,860
Lamar Advertising Co., Class A*		13,300		423,206
Liberty Global, Inc., Class A*		69,100		2,128,971
Liberty Media Corp. - Capital*		21,500		1,119,290
Liberty Media Corp. - Starz*		14,980		971,902
Madison Square Garden, Inc., Class A*		11,875		250,325
McGraw-Hill Cos., Inc.		27,400		905,844
Meredith Corp.		6,000		199,860
New York Times Co., Class A*		39,500		305,730
News Corp., Class A		1,344,700		17,561,782
Omnicom Group, Inc.		17,400		686,952
Regal Entertainment Group, Class A		18,000		236,160
Thomson Reuters Corp.		73,800		2,769,714
Time Warner Cable, Inc.		476,513		25,726,937
Time Warner, Inc.		601,533		18,436,987
Viacom, Inc., Class B		142,500		5,157,075
Virgin Media, Inc.		96,900		2,230,638
Walt Disney Co.		572,140		18,943,555
Washington Post Co., Class B		1,800		718,938

				170,605,936

*Multiline Retail* (*0.5%*)
J.C. Penney Co., Inc.		46,600		1,266,588
Kohl’s Corp.*		215,000		11,326,200
Macy’s, Inc.		111,000		2,562,990
Sears Holdings Corp.*		13,300		959,462

				16,115,240

*Specialty Retail* (*1.3%*)
Aaron’s, Inc.		9,300		171,585
Abercrombie & Fitch Co., Class A		6,100		239,852
American Eagle Outfitters, Inc.		43,000		643,280
AutoNation, Inc.*		12,700		295,275
Foot Locker, Inc.		409,300		5,947,129
GameStop Corp., Class A*		44,600		879,066
Gap, Inc.		612,100		11,409,544
Lowe’s Cos., Inc.		100,300		2,235,687
Office Depot, Inc.*		1,069,200		4,918,320
RadioShack Corp.		36,600		780,678
Ross Stores, Inc.		167,700		9,159,774
Signet Jewelers Ltd.*		25,000		793,500
TJX Cos., Inc.		157,600		7,033,688

				44,507,378

*Textiles, Apparel & Luxury Goods* (*0.2%*)
Jones Apparel Group, Inc.		272,200		5,346,008
VF Corp.		25,800		2,090,316

				7,436,324

Total Consumer Discretionary				329,617,855

See Notes to Portfolio of Investments.

367

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Consumer Staples (8.9%)
*Beverages* (*1.2%*)
Brown-Forman Corp., Class B		7,700	$	474,628
Central European Distribution Corp.*		20,600		459,792
Coca-Cola Co.		230,700		13,500,564
Coca-Cola Enterprises, Inc.		36,000		1,116,000
Constellation Brands, Inc., Class A*		419,300		7,417,417
Dr. Pepper Snapple Group, Inc.		49,800		1,768,896
Hansen Natural Corp.*		3,000		139,860
Molson Coors Brewing Co., Class B		38,500		1,817,970
PepsiCo, Inc.		200,200		13,301,288

				39,996,415

*Food & Staples Retailing* (*1.2%*)
BJ’s Wholesale Club, Inc.*		14,400		597,600
CVS Caremark Corp.		353,400		11,121,498
Kroger Co.		177,600		3,846,816
Safeway, Inc.		542,500		11,479,300
SUPERVALU, Inc.		62,000		714,860
Walgreen Co.		25,400		850,900
Wal-Mart Stores, Inc.		255,300		13,663,656

				42,274,630

*Food Products* (*2.5%*)
Archer-Daniels-Midland Co.		431,200		13,763,904
Bunge Ltd.		208,200		12,317,112
Campbell Soup Co.		21,500		768,625
ConAgra Foods, Inc.		267,800		5,875,532
Corn Products International, Inc.		22,000		825,000
Dean Foods Co.*		53,000		541,130
Del Monte Foods Co.		58,000		760,380
Flowers Foods, Inc.		13,900		345,276
General Mills, Inc.		78,500		2,868,390
H.J. Heinz Co.		54,500		2,581,665
Hershey Co.		18,700		889,933
Hormel Foods Corp.		20,200		900,920
J.M. Smucker Co.		34,800		2,106,444
Kellogg Co.		8,000		404,080
Kraft Foods, Inc., Class A		468,500		14,457,910
McCormick & Co., Inc. (Non-Voting)		19,400		815,576
Mead Johnson Nutrition Co.		51,600		2,936,556
RalCorp Holdings, Inc.*		16,100		941,528
Sara Lee Corp.		754,300		10,130,249
Smithfield Foods, Inc.*		495,400		8,337,582
Tyson Foods, Inc., Class A		87,200		1,396,944

				83,964,736

*Household Products* (*2.4%*)
Clorox Co.		2,400		160,224
Colgate-Palmolive Co.		74,100		5,695,326
Energizer Holdings, Inc.*		20,500		1,378,215
Kimberly-Clark Corp.		188,700		12,274,935
Procter & Gamble Co.		1,035,470		62,097,136

				81,605,836

*Personal Products* (*0.0%*)
Alberto-Culver Co.		19,400		730,410
NBTY, Inc.*		16,500		907,170

				1,637,580

*Tobacco* (*1.6%*)
Altria Group, Inc.		1,087,500		26,121,750
Lorillard, Inc.		44,700		3,589,857
Philip Morris International, Inc.		267,700		14,996,554
Reynolds American, Inc.		164,400		9,763,716

				54,471,877

Total Consumer Staples				303,951,074

Energy (9.1%)
*Energy Equipment & Services* (*1.2%*)
Atwood Oceanics, Inc.*		13,100	$	398,895
Baker Hughes, Inc.		91,006		3,876,855
Cameron International Corp.*		30,600		1,314,576
Diamond Offshore Drilling, Inc.		13,600		921,672
Dresser-Rand Group, Inc.*		2,300		84,847
Ensco plc (ADR)		223,800		10,010,574
Exterran Holdings, Inc.*		16,500		374,715
Helmerich & Payne, Inc.		27,500		1,112,650
McDermott International, Inc.*		14,100		208,398
Nabors Industries Ltd.*		50,000		903,000
National Oilwell Varco, Inc.		122,400		5,443,128
Oceaneering International, Inc.*		16,100		867,146
Oil States International, Inc.*		13,700		637,735
Patterson-UTI Energy, Inc.		44,900		766,892
Pride International, Inc.*		31,000		912,330
Rowan Cos., Inc.*		201,600		6,120,576
Schlumberger Ltd.		50,693		3,123,196
SEACOR Holdings, Inc.*		6,200		527,992
Superior Energy Services, Inc.*		21,300		568,497
Tidewater, Inc.		15,200		681,112
Unit Corp.*		11,700		436,293
Weatherford International Ltd.*		129,000		2,205,900

				41,496,979

*Oil, Gas & Consumable Fuels* (*7.9%*)
Alpha Natural Resources, Inc.*		30,700		1,263,305
Anadarko Petroleum Corp.		144,500		8,243,725
Apache Corp.		106,471		10,408,605
Arch Coal, Inc.		13,900		371,269
Atlas Energy, Inc.*		6,100		174,704
Cabot Oil & Gas Corp.		30,300		912,333
Chesapeake Energy Corp.		190,100		4,305,765
Chevron Corp.		555,640		45,034,622
Cobalt International Energy, Inc.*		21,400		204,370
Comstock Resources, Inc.*		13,700		308,113
ConocoPhillips		617,020		35,435,458
Consol Energy, Inc.		35,700		1,319,472
Continental Resources, Inc.*		800		37,088
Denbury Resources, Inc.*		116,529		1,851,646
Devon Energy Corp.		297,900		19,286,046
El Paso Corp.		167,700		2,076,126
EQT Corp.		2,900		104,574
Exxon Mobil Corp.		397,206		24,543,359
Forest Oil Corp.*		208,100		6,180,570
Frontier Oil Corp.		30,900		414,060
Frontline Ltd.		2,600		73,918
Hess Corp.		257,600		15,229,312
Holly Corp.		4,200		120,750
Marathon Oil Corp.		539,100		17,844,210
Mariner Energy, Inc.*		27,900		676,017
Massey Energy Co.		30,100		933,702
Murphy Oil Corp.		49,400		3,058,848
Newfield Exploration Co.*		183,700		10,551,728
Nexen, Inc.		339,200		6,817,920
Noble Energy, Inc.		51,000		3,829,590
Occidental Petroleum Corp.		271,100		21,227,130
Peabody Energy Corp.		78,500		3,847,285
Petrohawk Energy Corp.*		25,500		411,570
Pioneer Natural Resources Co.		33,900		2,204,517
Plains Exploration & Production Co.*		40,900		1,090,803
QEP Resources, Inc.		51,100		1,540,154
Quicksilver Resources, Inc.*		32,300		406,980
SandRidge Energy, Inc.*		43,500		247,080

See Notes to Portfolio of Investments.

368

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
SM Energy Co.		5,900	$	221,014
Southern Union Co.		247,500		5,954,850
Spectra Energy Corp.		189,200		4,266,460
Sunoco, Inc.		35,200		1,284,800
Teekay Corp.		12,400		331,452
Tesoro Corp.		41,200		550,432
Valero Energy Corp.		165,100		2,890,901
Whiting Petroleum Corp.*		13,900		1,327,589
Williams Cos., Inc.		100,300		1,916,733

				271,330,955

Total Energy				312,827,934

Financials (17.1%)
*Capital Markets* (*2.0%*)
Ameriprise Financial, Inc.		60,100		2,844,533
Ares Capital Corp.		55,900		874,835
Bank of New York Mellon Corp.		354,300		9,257,859
BlackRock, Inc.		6,738		1,147,144
ETRADE Financial Corp.		64,200		933,468
Federated Investors, Inc., Class B		8,300		188,908
GLG Partners, Inc.*		3,300		14,850
Goldman Sachs Group, Inc.		180,900		26,154,522
Invesco Ltd.		95,300		2,023,219
Janus Capital Group, Inc.		48,700		533,265
Jefferies Group, Inc.		34,000		771,460
Legg Mason, Inc.		45,200		1,370,012
Morgan Stanley		657,200		16,219,696
Northern Trust Corp.		42,500		2,050,200
Raymond James Financial, Inc.		29,000		734,570
State Street Corp.		146,600		5,520,956

				70,639,497

*Commercial Banks* (*4.1%*)
Associated Banc-Corp.		50,500		666,095
BancorpSouth, Inc.		24,300		344,574
Bank of Hawaii Corp.		9,500		426,740
BB&T Corp.		537,700		12,947,816
BOK Financial Corp.		7,400		333,962
CapitalSource, Inc.		94,200		503,028
CIT Group, Inc.*		58,400		2,383,888
City National Corp./California		13,300		705,831
Comerica, Inc.		202,800		7,534,020
Commerce Bancshares, Inc./Missouri		21,135		794,465
Cullen/Frost Bankers, Inc.		15,300		824,211
East West Bancorp, Inc.		43,200		703,296
Fifth Third Bancorp		975,000		11,729,250
First Citizens BancShares, Inc./North Carolina, Class A		1,600		296,432
First Horizon National Corp.*		69,034		787,680
Fulton Financial Corp.		57,900		524,574
Huntington Bancshares, Inc./Ohio		209,300		1,186,731
KeyCorp		256,800		2,044,128
M&T Bank Corp.		21,500		1,758,915
Marshall & Ilsley Corp.		154,000		1,084,160
PNC Financial Services Group, Inc.		153,700		7,978,567
Popular, Inc.*		298,700		866,230
Regions Financial Corp.		366,800		2,666,636
SunTrust Banks, Inc.		146,000		3,771,180
Synovus Financial Corp.		228,700		562,602
TCF Financial Corp.		41,500		671,885
U.S. Bancorp		559,900		12,105,038
Valley National Bancorp		46,946		605,603
Wells Fargo & Co.		2,459,583		61,809,321
Wilmington Trust Corp.		26,600		238,868
Zions Bancorp		50,600		1,080,816

				139,936,542

*Consumer Finance* (*0.5%*)
AmeriCredit Corp.*		18,600	$	454,956
Capital One Financial Corp.		309,800		12,252,590
Discover Financial Services		158,800		2,648,784
Green Dot Corp., Class A*		400		19,392
SLM Corp.*		141,800		1,637,790

				17,013,512

*Diversified Financial Services* (*4.5%*)
Bank of America Corp.		3,931,050		51,536,066
CBOE Holdings, Inc.		2,310		46,292
Citigroup, Inc.*		6,179,600		24,100,440
CME Group, Inc.		19,200		5,000,640
Interactive Brokers Group, Inc., Class A*		7,400		127,354
JPMorgan Chase & Co.		1,829,797		69,660,372
Leucadia National Corp.*		56,900		1,343,978
NASDAQ OMX Group, Inc.*		35,600		691,708
NYSE Euronext		59,800		1,708,486

				154,215,336

*Insurance* (*4.1%*)
ACE Ltd.		83,900		4,887,175
Aflac, Inc.		7,600		392,996
Alleghany Corp.*		2,015		610,605
Allied World Assurance Co. Holdings Ltd./Bermuda		14,800		837,532
Allstate Corp.		157,100		4,956,505
American Financial Group, Inc./Ohio		25,100		767,558
American International Group, Inc.*		35,259		1,378,627
American National Insurance Co.		2,100		159,537
Aon Corp.		78,700		3,077,957
Arch Capital Group Ltd.*		13,700		1,148,060
Arthur J. Gallagher & Co.		22,700		598,599
Aspen Insurance Holdings Ltd.		22,600		684,328
Assurant, Inc.		32,700		1,330,890
Assured Guaranty Ltd.		53,800		920,518
Axis Capital Holdings Ltd.		25,100		826,794
Berkshire Hathaway, Inc., Class B*		505,200		41,769,936
Brown & Brown, Inc.		15,400		310,926
Chubb Corp.		95,500		5,442,545
Cincinnati Financial Corp.		42,700		1,231,895
CNA Financial Corp.*		7,700		215,523
Endurance Specialty Holdings Ltd.		11,900		473,620
Erie Indemnity Co., Class A		2,300		128,938
Everest Reinsurance Group Ltd.		17,200		1,487,284
Fidelity National Financial, Inc., Class A		67,000		1,052,570
Genworth Financial, Inc., Class A*		116,400		1,422,408
Hanover Insurance Group, Inc.		13,100		615,700
Hartford Financial Services Group, Inc.		118,800		2,726,460
HCC Insurance Holdings, Inc.		33,600		876,624
Lincoln National Corp.		88,300		2,112,136
Loews Corp.		91,900		3,483,010
Markel Corp.*		2,900		999,311
Marsh & McLennan Cos., Inc.		12,300		296,676
MBIA, Inc.*		44,700		449,235
Mercury General Corp.		7,800		318,786
MetLife, Inc.		130,600		5,021,570
Old Republic International Corp.		70,400		975,040
OneBeacon Insurance Group Ltd., Class A		6,700		95,743
PartnerReinsurance Ltd.		22,900		1,836,122
Principal Financial Group, Inc.		93,400		2,420,928
Progressive Corp.		195,800		4,086,346

See Notes to Portfolio of Investments.

369

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Protective Life Corp.		25,000	$	544,000
Prudential Financial, Inc.		135,600		7,346,808
Reinsurance Group of America, Inc.		21,400		1,033,406
Renaissance Reinsurance Holdings Ltd.		16,000		959,360
StanCorp Financial Group, Inc.		13,800		524,400
Symetra Financial Corp.		10,200		106,692
Torchmark Corp.		24,100		1,280,674
Transatlantic Holdings, Inc.		18,800		955,416
Travelers Cos., Inc.		337,725		17,595,473
Unitrin, Inc.		14,800		360,972
Unum Group		97,200		2,152,980
Validus Holdings Ltd.		19,200		506,112
W. R. Berkley Corp.		37,000		1,001,590
Wesco Financial Corp.		400		143,260
White Mountains Insurance Group Ltd.		2,300		709,458
XL Group plc		99,900		2,163,834

				139,811,448

*Real Estate Investment Trusts (REITs)* (*1.7%*)
Alexandria Real Estate Equities, Inc. (REIT)		14,600		1,022,000
AMB Property Corp. (REIT)		44,500		1,177,915
Annaly Capital Management, Inc. (REIT)		181,000		3,185,600
Apartment Investment & Management Co. (REIT), Class A		17,242		368,634
AvalonBay Communities, Inc. (REIT)		24,271		2,522,485
Boston Properties, Inc. (REIT)		40,600		3,374,672
Brandywine Realty Trust (REIT)		38,300		469,175
BRE Properties, Inc. (REIT)		18,600		771,900
Camden Property Trust (REIT)		19,200		921,024
Chimera Investment Corp. (REIT)		257,900		1,018,705
CommonWealth REIT (REIT)		18,800		481,280
Corporate Office Properties Trust/Maryland (REIT)		17,200		641,732
Developers Diversified Realty Corp. (REIT)		58,200		653,004
Digital Realty Trust, Inc. (REIT)		1,400		86,380
Douglas Emmett, Inc. (REIT)		35,700		625,107
Duke Realty Corp. (REIT)		73,400		850,706
Equity Residential (REIT)		77,400		3,681,918
Essex Property Trust, Inc. (REIT)		5,400		590,976
Federal Realty Investment Trust (REIT)		7,200		587,952
General Growth Properties, Inc. (REIT)		13,100		204,360
HCP, Inc. (REIT)		90,600		3,259,788
Health Care REIT, Inc.		36,300		1,718,442
Hospitality Properties Trust (REIT)		36,000		803,880
Host Hotels & Resorts, Inc. (REIT)		192,187		2,782,868
Kimco Realty Corp. (REIT)		118,440		1,865,430
Liberty Property Trust (REIT)		33,100		1,055,890
Macerich Co. (REIT)		37,855		1,625,872
Mack-Cali Realty Corp. (REIT)		23,200		758,872
Nationwide Health Properties, Inc. (REIT)		35,000		1,353,450
Piedmont Office Realty Trust, Inc. (REIT), Class A		15,200		287,432
Plum Creek Timber Co., Inc. (REIT)		27,400		967,220
ProLogis (REIT)		130,560		1,537,997
Public Storage (REIT)		3,800		368,752
Rayonier, Inc. (REIT)		16,500		826,980
Realty Income Corp. (REIT)		30,500		1,028,460
Regency Centers Corp. (REIT)		23,900		943,333
Senior Housing Properties Trust (REIT)		37,200		874,200
Simon Property Group, Inc. (REIT)		26,399		2,448,243
SL Green Realty Corp. (REIT)		22,800		1,443,924
Taubman Centers, Inc. (REIT)		15,900		709,299
UDR, Inc. (REIT)		44,205		933,610
Ventas, Inc. (REIT)		33,400		1,722,438
Vornado Realty Trust (REIT)		42,959		3,674,283
Weingarten Realty Investors (REIT)		35,100		765,882

				56,992,070

*Real Estate Management & Development* (*0.0%*)
Forest City Enterprises, Inc., Class A*		37,200		477,276
St. Joe Co.*		2,700		67,149

				544,425

*Thrifts & Mortgage Finance* (*0.2%*)
Capitol Federal Financial		5,400		133,380
First Niagara Financial Group, Inc.		61,000		710,650
Hudson City Bancorp., Inc.		126,300		1,548,438
New York Community Bancorp, Inc.		127,200		2,067,000
People’s United Financial, Inc.		108,500		1,420,265
TFS Financial Corp.		23,300		214,127
Washington Federal, Inc.		32,800		500,528

				6,594,388

Total Financials				585,747,218

Health Care (10.1%)
*Biotechnology* (*1.2%*)
Abraxis Bioscience, Inc.*		1,300		100,542
Amgen, Inc.*		428,100		23,592,591
Biogen Idec, Inc.*		70,700		3,967,684
Cephalon, Inc.*		22,000		1,373,680
Genzyme Corp.*		18,700		1,323,773
Gilead Sciences, Inc.*		318,000		11,323,980

				41,682,250

*Health Care Equipment & Supplies* (*0.5%*)
Alere, Inc.*		17,400		538,182
Baxter International, Inc.		29,100		1,388,361
Beckman Coulter, Inc.		20,500		1,000,195
Boston Scientific Corp.*		442,900		2,714,977
CareFusion Corp.*		41,300		1,025,892
Cooper Cos., Inc.		10,700		494,554
Hill-Rom Holdings, Inc.		2,900		104,081
Hologic, Inc.*		75,600		1,210,356
Kinetic Concepts, Inc.*		16,600		607,228
Medtronic, Inc.		74,300		2,494,994
Teleflex, Inc.		9,900		562,122
Zimmer Holdings, Inc.*		59,300		3,103,169

				15,244,111

*Health Care Providers & Services* (*1.3%*)
Aetna, Inc.		124,100		3,922,801
Brookdale Senior Living, Inc.*		21,500		350,665
Cardinal Health, Inc.		69,400		2,292,976
CIGNA Corp.		80,800		2,891,024
Community Health Systems, Inc.*		81,800		2,533,346
Coventry Health Care, Inc.*		43,200		930,096
Emdeon, Inc., Class A*		600		7,308
Health Net, Inc.*		29,000		788,510
Humana, Inc.*		49,700		2,496,928
LifePoint Hospitals, Inc.*		16,100		564,466
McKesson Corp.		45,000		2,780,100
MEDNAX, Inc.*		800		42,640
Omnicare, Inc.		31,600		754,608
Quest Diagnostics, Inc.		5,900		297,773
Tenet Healthcare Corp.*		39,300		185,496

See Notes to Portfolio of Investments.

370

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
UnitedHealth Group, Inc.		443,800	$	15,581,818
Universal Health Services, Inc., Class B		24,500		952,070
WellPoint, Inc.*		116,800		6,615,552

				43,988,177

*Life Sciences Tools & Services* (*0.2%*)
Bio-Rad Laboratories, Inc., Class A*		5,700		515,907
Charles River Laboratories International, Inc.*		14,700		487,305
Life Technologies Corp.*		15,600		728,364
PerkinElmer, Inc.		18,700		432,718
Thermo Fisher Scientific, Inc.*		119,900		5,740,812

				7,905,106

*Pharmaceuticals* (*6.9%*)
Abbott Laboratories, Inc.		237,700		12,417,448
AstraZeneca plc (ADR)		247,700		12,558,390
Bristol-Myers Squibb Co.		502,300		13,617,353
Eli Lilly and Co.		228,800		8,358,064
Endo Pharmaceuticals Holdings, Inc.*		33,900		1,126,836
Forest Laboratories, Inc.*		83,400		2,579,562
Johnson & Johnson		1,126,310		69,786,168
King Pharmaceuticals, Inc.*		72,900		726,084
Merck & Co., Inc.		1,079,928		39,752,150
Mylan, Inc.*		14,200		267,102
Pfizer, Inc.		4,106,801		70,513,773
Sanofi-Aventis S.A. (ADR)		146,000		4,854,500
Watson Pharmaceuticals, Inc.*		32,600		1,379,306

				237,936,736

Total Health Care				346,756,380

Industrials (6.5%)
*Aerospace & Defense* (*1.4%*)
Alliant Techsystems, Inc.*		700		52,780
BE Aerospace, Inc.*		28,100		851,711
Boeing Co.		42,100		2,801,334
General Dynamics Corp.		101,000		6,343,810
Goodrich Corp.		26,300		1,939,099
ITT Corp.		53,600		2,510,088
L-3 Communications Holdings, Inc.		33,800		2,442,726
Lockheed Martin Corp.		19,400		1,382,832
Northrop Grumman Corp.		292,300		17,722,149
Raytheon Co.		154,600		7,066,766
Rockwell Collins, Inc.		21,800		1,269,850
Spirit AeroSystems Holdings, Inc., Class A*		26,300		524,159
United Technologies Corp.		23,500		1,673,905

				46,581,209

*Air Freight & Logistics* (*0.2%*)
FedEx Corp.		65,300		5,583,150
UTi Worldwide, Inc.		4,800		77,184

				5,660,334

*Airlines* (*0.3%*)
AMR Corp.*		65,700		411,939
Copa Holdings S.A., Class A		3,200		172,512
Delta Air Lines, Inc.*		643,400		7,489,176
Southwest Airlines Co.		188,500		2,463,695
UAL Corp.*		12,300		290,649

				10,827,971

*Building Products* (*0.0%*)
Armstrong World Industries, Inc.*		5,400		224,154
Masco Corp.		73,300		807,033
Owens Corning, Inc.*		14,800		379,324
USG Corp.*		11,600		153,004

				1,563,515

*Commercial Services & Supplies* (*0.4%*)
Avery Dennison Corp.		30,400	$	1,128,448
Cintas Corp.		38,800		1,068,940
Corrections Corp. of America*		27,400		676,232
Covanta Holding Corp.		35,600		560,700
KAR Auction Services, Inc.*		6,900		87,009
Pitney Bowes, Inc.		17,200		367,736
R.R. Donnelley & Sons Co.		57,000		966,720
Republic Services, Inc.		66,530		2,028,500
Waste Connections, Inc.*		4,700		186,402
Waste Management, Inc.		141,100		5,042,914

				12,113,601

*Construction & Engineering* (*0.2%*)
Aecom Technology Corp.*		20,500		497,330
Chicago Bridge & Iron Co. N.V. (N.Y. Shares)*		17,500		427,875
Fluor Corp.		49,100		2,431,923
Jacobs Engineering Group, Inc.*		14,500		561,150
KBR, Inc.		44,200		1,089,088
Quanta Services, Inc.*		61,400		1,171,512
Shaw Group, Inc.*		10,400		349,024
URS Corp.*		24,200		919,116

				7,447,018

*Electrical Equipment* (*0.0%*)
Babcock & Wilcox Co.*		7,050		150,024
General Cable Corp.*		9,700		263,064
Hubbell, Inc., Class B		10,500		532,875
Regal-Beloit Corp.		1,800		105,642
Thomas & Betts Corp.*		12,700		520,954

				1,572,559

*Industrial Conglomerates* (*1.7%*)
Carlisle Cos., Inc.		16,500		494,175
General Electric Co.		3,174,010		51,577,662
Textron, Inc.		38,700		795,672
Tyco International Ltd.		127,500		4,683,075

				57,550,584

*Machinery* (*1.5%*)
AGCO Corp.*		27,200		1,061,072
Caterpillar, Inc.		103,100		8,111,908
CNH Global N.V.*		6,200		227,168
Crane Co.		14,400		546,336
Danaher Corp.		11,500		467,015
Deere & Co.		7,000		488,460
Dover Corp.		20,100		1,049,421
Eaton Corp.		86,200		7,110,638
Flowserve Corp.		2,500		273,550
Gardner Denver, Inc.		900		48,312
Harsco Corp.		21,700		533,386
IDEX Corp.		4,100		145,591
Ingersoll-Rand plc		361,100		12,894,881
Kennametal, Inc.		6,000		185,580
Parker Hannifin Corp.		167,500		11,735,050
Pentair, Inc.		13,800		464,094
Snap-On, Inc.		16,900		786,019
SPX Corp.		11,800		746,704
Terex Corp.*		168,200		3,855,144
Timken Co.		6,600		253,176
Trinity Industries, Inc.		23,100		514,437
Wabtec Corp.		11,800		563,922

				52,061,864

*Marine* (*0.0%*)
Alexander & Baldwin, Inc.		12,000		418,080
Kirby Corp.*		14,800		592,888

				1,010,968

See Notes to Portfolio of Investments.

371

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Professional Services* (*0.1%*)
Equifax, Inc.		37,000	$	1,154,400
FTI Consulting, Inc.*		2,600		90,194
Manpower, Inc.		23,900		1,247,580
Towers Watson & Co., Class A		10,600		521,308

				3,013,482

*Road & Rail* (*0.7%*)
Con-way, Inc.		14,400		446,256
CSX Corp.		113,700		6,289,884
Hertz Global Holdings, Inc.*		8,200		86,838
Kansas City Southern*		12,300		460,143
Norfolk Southern Corp.		108,100		6,433,031
Ryder System, Inc.		7,300		312,221
Union Pacific Corp.		129,400		10,584,920

				24,613,293

*Trading Companies & Distributors* (*0.0%*)
GATX Corp.		9,800		287,336
WESCO International, Inc.*		8,400		330,036

				617,372

Total Industrials				224,633,770

Information Technology (6.6%)
*Communications Equipment* (*0.5%*)
Brocade Communications
Systems, Inc.*		129,700		757,448
CommScope, Inc.*		27,500		652,850
EchoStar Corp., Class A*		10,800		206,064
Motorola, Inc.*		1,550,200		13,223,206
Tellabs, Inc.		112,500		838,125

				15,677,693

*Computers & Peripherals* (*1.4%*)
Apple, Inc.*		34,300		9,732,625
Dell, Inc.*		994,100		12,883,536
Diebold, Inc.		15,100		469,459
Hewlett-Packard Co.		485,500		20,424,985
Lexmark International, Inc., Class A*		22,900		1,021,798
Seagate Technology plc*		39,500		465,310
Western Digital Corp.*		51,600		1,464,924

				46,462,637

*Electronic Equipment, Instruments & Components* (*0.6%*)
Arrow Electronics, Inc.*		31,500		841,995
Avnet, Inc.*		44,300		1,196,543
AVX Corp.		12,900		178,278
Corning, Inc.		398,900		7,291,892
Ingram Micro, Inc., Class A*		43,100		726,666
Itron, Inc.*		900		55,107
Jabil Circuit, Inc.		15,400		221,914
Molex, Inc.		38,800		812,084
Tech Data Corp.*		15,100		608,530
Tyco Electronics Ltd.		287,300		8,394,906
Vishay Intertechnology, Inc.*		50,300		486,904
Vishay Precision Group, Inc.*		3,535		55,181

				20,870,000

*Internet Software & Services* (*0.3%*)
AOL, Inc.*		31,112		770,022
eBay, Inc.*		208,300		5,082,520
IAC/InterActiveCorp*		15,100		396,677
Monster Worldwide, Inc.*		18,500		239,760
Yahoo!, Inc.*		233,800		3,312,946

				9,801,925

*IT Services* (*1.1%*)
Accenture plc, Class A		194,100		8,247,309
Amdocs Ltd.*		43,400		1,243,844
Broadridge Financial Solutions, Inc.		3,300		75,471
Computer Sciences Corp.		45,100	$	2,074,600
Convergys Corp.*		29,000		303,050
CoreLogic, Inc.		34,100		653,356
Fidelity National Information Services, Inc.		77,094		2,091,560
Fiserv, Inc.*		14,900		801,918
International Business Machines Corp.		164,100		22,012,374
Total System Services, Inc.		48,000		731,520

				38,235,002

*Office Electronics* (*0.1%*)
Xerox Corp.		402,762		4,168,587
Zebra Technologies Corp., Class A* .		7,200		242,208

				4,410,795

*Semiconductors & Semiconductor Equipment* (*1.0%*)
Advanced Micro Devices, Inc.*		108,200		769,302
Atmel Corp.*		14,100		112,236
Fairchild Semiconductor International, Inc.*		36,600		344,040
Intel Corp.		1,101,900		21,189,537
International Rectifier Corp.*		20,600		434,454
Intersil Corp., Class A		23,700		277,053
KLA-Tencor Corp.		46,900		1,652,287
LSI Corp.*		190,900		870,504
MEMC Electronic Materials, Inc.*		38,700		461,304
Micron Technology, Inc.*		249,900		1,801,779
National Semiconductor Corp.		6,300		80,451
Novellus Systems, Inc.*		3,100		82,398
PMC-Sierra, Inc.*		63,400		466,624
SunPower Corp., Class A*		17,300		249,120
Texas Instruments, Inc.		195,300		5,300,442

				34,091,531

*Software* (*1.6%*)
Activision Blizzard, Inc.		110,400		1,194,528
CA, Inc.		21,100		445,632
Compuware Corp.*		28,500		243,105
Electronic Arts, Inc.*		5,700		93,651
Microsoft Corp.		2,000,700		48,997,143
Novell, Inc.*		101,700		607,149
Symantec Corp.*		211,400		3,206,938
Synopsys, Inc.*		41,000		1,015,570

				55,803,716

Total Information Technology				225,353,299

Materials (2.7%)
*Chemicals* (*1.3%*)
Agrium, Inc. (When Issued)		39,600		2,969,604
Ashland, Inc.		20,900		1,019,293
Cabot Corp.		19,100		622,087
CF Industries Holdings, Inc.		65,691		6,273,490
Cytec Industries, Inc.		14,300		806,234
Dow Chemical Co.		337,350		9,263,631
E.I. du Pont de Nemours & Co.		389,200		17,366,104
Eastman Chemical Co.		16,800		1,243,200
FMC Corp.		6,700		458,347
Huntsman Corp.		55,000		635,800
Intrepid Potash, Inc.*		13,000		338,910
PPG Industries, Inc.		40,600		2,955,680
RPM International, Inc.		18,900		376,488
Sherwin-Williams Co.		10,300		773,942
Sigma-Aldrich Corp.		2,700		163,026
Valspar Corp.		26,100		831,285

				46,097,121

See Notes to Portfolio of Investments.

372

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Construction Materials* (*0.0%*)
Vulcan Materials Co.		37,300	$	1,377,116

*Containers & Packaging* (*0.2%*)
AptarGroup, Inc.		19,800		904,266
Ball Corp.		21,300		1,253,505
Bemis Co., Inc.		31,800		1,009,650
Greif, Inc., Class A		10,100		594,284
Owens-Illinois, Inc.*		33,300		934,398
Packaging Corp. of America		30,100		697,417
Pactiv Corp.*		3,900		128,622
Sealed Air Corp.		46,500		1,045,320
Sonoco Products Co.		29,300		979,792
Temple-Inland, Inc.		25,600		477,696

				8,024,950

*Metals & Mining* (*1.0%*)
AK Steel Holding Corp.		27,300		377,013
Alcoa, Inc.		255,000		3,088,050
Cliffs Natural Resources, Inc.		49,300		3,151,256
Commercial Metals Co.		33,300		482,517
Freeport-McMoRan Copper & Gold, Inc.		166,400		14,208,896
Newmont Mining Corp.		49,000		3,077,690
Nucor Corp.		52,600		2,009,320
Reliance Steel & Aluminum Co.		19,200		797,376
Royal Gold, Inc.		13,200		657,888
Schnitzer Steel Industries, Inc., Class A		5,100		246,228
Steel Dynamics, Inc.		242,400		3,420,264
United States Steel Corp.		34,000		1,490,560
Walter Energy, Inc.		3,400		276,386

				33,283,444

*Paper & Forest Products* (*0.2%*)
Domtar Corp.		12,300		794,334
International Paper Co.		28,300		615,525
MeadWestvaco Corp.		49,900		1,216,562
Weyerhaeuser Co.		156,297		2,463,241

				5,089,662

Total Materials				93,872,293

Telecommunication Services (4.1%)
*Diversified Telecommunication Services* (*3.5%*)
AT&T, Inc.		2,347,300		67,132,780
CenturyLink, Inc.		254,121		10,027,615
Frontier Communications Corp.		177,426		1,449,570
Level 3 Communications, Inc.*		297,000		278,378
Qwest Communications International, Inc.		1,572,100		9,857,067
Verizon Communications, Inc.		949,400		30,940,946
Windstream Corp.		82,500		1,013,925

				120,700,281

*Wireless Telecommunication Services* (*0.6%*)
Clearwire Corp., Class A*		10,000		80,900
Leap Wireless International, Inc.*		17,800		219,830
MetroPCS Communications, Inc.*		38,300		400,618
NII Holdings, Inc.*		10,300		423,330
Sprint Nextel Corp.*		1,686,600		7,808,958
Telephone & Data Systems, Inc.		24,700		810,160
U.S. Cellular Corp.*		4,500		206,865
Vodafone Group plc (ADR)		397,500		9,861,975

				19,812,636

Total Telecommunication Services				140,512,917

Utilities (4.9%)
*Electric Utilities* (*2.2%*)
Allegheny Energy, Inc.		49,500	$	1,213,740
American Electric Power Co., Inc.		185,770		6,730,447
DPL, Inc.		34,700		906,711
Duke Energy Corp.		383,500		6,791,785
Edison International		291,400		10,021,246
Entergy Corp.		55,300		4,232,109
Exelon Corp.		193,000		8,217,940
FirstEnergy Corp.		89,000		3,430,060
Great Plains Energy, Inc.		39,500		746,550
Hawaiian Electric Industries, Inc.		27,200		613,088
ITC Holdings Corp.		1,800		112,050
NextEra Energy, Inc.		121,100		6,586,629
Northeast Utilities		51,400		1,519,898
NV Energy, Inc.		68,600		902,090
Pepco Holdings, Inc.		252,300		4,692,780
Pinnacle West Capital Corp.		31,700		1,308,259
PPL Corp.		140,800		3,833,984
Progress Energy, Inc.		83,900		3,726,838
Southern Co.		240,900		8,971,116
Westar Energy, Inc.		32,300		782,629

				75,339,949

*Gas Utilities* (*0.3%*)
AGL Resources, Inc.		22,700		870,772
Atmos Energy Corp.		27,200		795,600
Energen Corp.		21,000		960,120
National Fuel Gas Co.		21,500		1,113,915
Oneok, Inc.		31,100		1,400,744
Questar Corp.		51,100		895,783
UGI Corp.		208,600		5,968,046

				12,004,980

*Independent Power Producers & Energy Traders* (*0.5%*)
AES Corp.*		195,600		2,220,060
Calpine Corp.*		54,500		678,525
Constellation Energy Group, Inc.		317,100		10,223,304
Mirant Corp.*		42,400		422,304
NRG Energy, Inc.*		74,500		1,551,090
Ormat Technologies, Inc.		2,800		81,676
RRI Energy, Inc.*		103,200		366,360

				15,543,319

*Multi-Utilities* (*1.8%*)
Alliant Energy Corp.		32,300		1,174,105
Ameren Corp.		69,600		1,976,640
CenterPoint Energy, Inc.		122,800		1,930,416
CMS Energy Corp.		347,900		6,269,158
Consolidated Edison, Inc.		82,400		3,973,328
Dominion Resources, Inc.		174,100		7,601,206
DTE Energy Co.		49,200		2,259,756
Integrys Energy Group, Inc.		22,500		1,171,350
MDU Resources Group, Inc.		54,900		1,095,255
NiSource, Inc.		571,600		9,945,840
NSTAR		31,200		1,227,720
OGE Energy Corp.		28,400		1,132,308
PG&E Corp.		108,800		4,941,696
Public Service Enterprise Group, Inc.		147,800		4,889,224
SCANA Corp.		33,000		1,330,560
Sempra Energy		72,300		3,889,740
TECO Energy, Inc.		62,400		1,080,768
Vectren Corp.		23,700		613,119
Wisconsin Energy Corp.		34,200		1,976,760
Xcel Energy, Inc.		134,200		3,082,574

				61,561,523

See Notes to Portfolio of Investments.

373

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Water Utilities* (*0.1%*)
American Water Works Co., Inc.		51,000	$	1,186,770
Aqua America, Inc.		40,000		816,000

				2,002,770

Total Utilities				166,452,541

Total Common Stocks (79.6%) (Cost $2,366,167,307)				2,729,725,281


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Government Securities (1.8%)
U.S. Treasury Bills
0.11%, 11/4/10 #(p)	$	58,713,000		58,706,497

Time Deposit (18.9%)
JPMorgan Chase Nassau
0.000%, 10/1/10		649,030,133		649,030,133

Total Short-Term Investments (20.7%) (Cost/Amortized Cost $707,732,368)				707,736,630

Total Investments (100.3%) (Cost/Amortized Cost $3,073,899,675)				3,437,461,911
Other Assets Less Liabilities (-0.3%)				(8,955,715	)

Net Assets (100%)			$	3,428,506,196

*	Non-income producing.

#	All, or a portion of security held by broker as collateral for financial futures contracts, with a total collateral value of $58,706,497.

(p)

Yield to maturity.

Glossary:

ADR — American Depositary Receipt

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


Purchases	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
S&P 500 E-Mini Index		11,866		December-10	$	661,059,387	$	674,404,110	$	13,344,723
S&P MidCap 400 E-Mini Index		386		December-10		29,657,438		30,883,860		1,226,422

									$	14,571,145

See Notes to Portfolio of Investments.

374

EQ ADVISORS TRUST

EQ/LARGE CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	329,617,855	$	—	$	—	$	329,617,855
Consumer Staples		303,951,074		—		—		303,951,074
Energy		312,827,934		—		—		312,827,934
Financials		585,747,218		—		—		585,747,218
Health Care		346,756,380		—		—		346,756,380
Industrials		224,633,770		—		—		224,633,770
Information Technology		225,353,299		—		—		225,353,299
Materials		93,872,293		—		—		93,872,293
Telecommunication Services		140,512,917		—		—		140,512,917
Utilities		166,452,541		—		—		166,452,541
Futures		14,571,145		—		—		14,571,145
Short-Term Investments		—		707,736,630		—		707,736,630

Total Assets	$	2,744,296,426	$	707,736,630	$	—	$	3,452,033,056

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	2,744,296,426	$	707,736,630	$	—	$	3,452,033,056

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	1,045,399,765
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	2,321,725,371

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	260,379,914
Aggregate gross unrealized depreciation		(132,503,593	)

Net unrealized appreciation	$	127,876,321

Federal income tax cost of investments	$	3,309,585,590

See Notes to Portfolio of Investments.

375

EQ ADVISORS TRUST

EQ/LORD ABBETT GROWTH AND INCOME PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (11.4%)
*Automobiles* (*1.5%*)
Ford Motor Co.*		234,070	$	2,865,017

*Hotels, Restaurants & Leisure* (*3.1%*)
Carnival Corp.		50,100		1,914,321
Hyatt Hotels Corp., Class A*		48,260		1,804,441
Marriott International, Inc., Class A		63,043		2,258,831

				5,977,593

*Household Durables* (*0.4%*)
Pulte Group, Inc.*		87,920		770,179

*Internet & Catalog Retail* (*2.0%*)
HSN, Inc.*		124,426		3,720,337

*Media* (*2.7%*)
Comcast Corp., Class A		193,020		3,489,802
Omnicom Group, Inc.		14,620		577,197
Time Warner Cable, Inc.		19,031		1,027,484
Time Warner, Inc.		220		6,743

				5,101,226

*Multiline Retail* (*1.3%*)
Target Corp.		44,970		2,403,197

*Specialty Retail* (*0.4%*)
J. Crew Group, Inc.*		25,640		862,017

Total Consumer Discretionary				21,699,566

Consumer Staples (4.5%)
*Beverages* (*0.7%*)
PepsiCo, Inc.		20,210		1,342,753

*Food & Staples Retailing* (*1.3%*)
Kroger Co.		114,776		2,486,048

*Food Products* (*1.6%*)
Archer-Daniels-Midland Co.		93,160		2,973,667

*Household Products* (*0.9%*)
Colgate-Palmolive Co.		21,630		1,662,482

Total Consumer Staples				8,464,950

Energy (13.3%)
*Energy Equipment & Services* (*2.9%*)
Halliburton Co.		48,720		1,611,170
Schlumberger Ltd.		61,259		3,774,167

				5,385,337

*Oil, Gas & Consumable Fuels* (*10.4%*)
Anadarko Petroleum Corp.		23,820		1,358,931
Apache Corp.		7,940		776,214
Chevron Corp.		80,690		6,539,925
El Paso Corp.		156,050		1,931,899
Exxon Mobil Corp.		66,441		4,105,389
Hess Corp.		31,550		1,865,236
Marathon Oil Corp.		36,340		1,202,854
Suncor Energy, Inc.		38,130		1,241,132
Valero Energy Corp.		40,210		704,077

				19,725,657

Total Energy				25,110,994

Financials (29.5%)
*Capital Markets* (*8.8%*)
Bank of New York Mellon Corp.		159,327	$	4,163,214
Charles Schwab Corp.		173,140		2,406,646
Franklin Resources, Inc.		12,070		1,290,283
Goldman Sachs Group, Inc.		33,690		4,870,900
Morgan Stanley		90,970		2,245,140
State Street Corp.		45,160		1,700,726

				16,676,909

*Commercial Banks* (*10.5%*)
KeyCorp.		242,410		1,929,584
M&T Bank Corp.		15,630		1,278,690
PNC Financial Services Group, Inc.		45,330		2,353,080
Regions Financial Corp.		139,650		1,015,256
SunTrust Banks, Inc.		170,290		4,398,591
Wells Fargo & Co.		280,980		7,061,027
Zions Bancorp		82,550		1,763,268

				19,799,496

*Diversified Financial Services* (*8.0%*)
Bank of America Corp.		264,386		3,466,100
CBOE Holdings, Inc.		110		2,204
Citigroup, Inc.*		874,480		3,410,472
JPMorgan Chase & Co.		217,879		8,294,654

				15,173,430

*Insurance* (*1.9%*)
Berkshire Hathaway, Inc., Class B*		22,630		1,871,048
MetLife, Inc.		46,768		1,798,230

				3,669,278

*Real Estate Investment Trusts (REITs)* (*0.3%*)
Annaly Capital Management, Inc. (REIT)		26,500		466,400

Total Financials				55,785,513

Health Care (10.3%)
*Biotechnology* (*1.5%*)
Amgen, Inc.*		53,140		2,928,545

*Health Care Equipment & Supplies* (*0.9%*)
Baxter International, Inc.		20,440		975,193
Covidien plc		19,380		778,882

				1,754,075

*Health Care Providers & Services* (*3.0%*)
CIGNA Corp.		30,410		1,088,070
Tenet Healthcare Corp.*		53,170		250,962
UnitedHealth Group, Inc.		121,640		4,270,781

				5,609,813

*Pharmaceuticals* (*4.9%*)
Abbott Laboratories, Inc.		55,617		2,905,432
Johnson & Johnson		26,960		1,670,442
Merck & Co., Inc.		47,690		1,755,469
Pfizer, Inc.		60,050		1,031,058
Teva Pharmaceutical Industries Ltd. (ADR)		36,010		1,899,527

				9,261,928

Total Health Care				19,554,361

Industrials (10.1%)
*Aerospace & Defense* (*0.5%*)
Lockheed Martin Corp.		13,470		960,141

*Airlines* (*2.4%*)
AMR Corp.*		147,300		923,571

See Notes to Portfolio of Investments.

376

EQ ADVISORS TRUST

EQ/LORD ABBETT GROWTH AND INCOME PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Delta Air Lines, Inc.*		306,370	$	3,566,147

				4,489,718

*Construction & Engineering* (*0.3%*)
Fluor Corp.		12,360		612,191

*Electrical Equipment* (*0.7%*)
Emerson Electric Co.		23,780		1,252,255

*Machinery* (*4.3%*)
Caterpillar, Inc.		48,670		3,829,356
Eaton Corp.		53,166		4,385,663

				8,215,019

*Road & Rail* (*1.9%*)
Hertz Global Holdings, Inc.*		341,970		3,621,462

Total Industrials				19,150,786

Information Technology (2.6%)
*Communications Equipment* (*0.0%*)
Juniper Networks, Inc.*		120		3,642

*Computers & Peripherals* (*0.8%*)
EMC Corp.*		78,230		1,588,851

*Semiconductors & Semiconductor Equipment* (*0.7%*)
Intel Corp.		46,540		894,964
Texas Instruments, Inc.		18,890		512,675

				1,407,639

*Software* (*1.1%*)
Oracle Corp.		74,620		2,003,547

Total Information Technology				5,003,679

Materials (9.7%)
*Chemicals* (*2.6%*)
Dow Chemical Co.		70,710		1,941,697
Mosaic Co.		41,410		2,433,251
Potash Corp. of Saskatchewan, Inc.		3,970		571,839

				4,946,787

*Metals & Mining* (*6.0%*)
Barrick Gold Corp.		78,740		3,644,875
Cliffs Natural Resources, Inc.		26,080		1,667,034
Freeport-McMoRan Copper & Gold, Inc.		12,790		1,092,138
Newmont Mining Corp.		53,040		3,331,442
United States Steel Corp.		38,640		1,693,977

				11,429,466

*Paper & Forest Products* (*1.1%*)
International Paper Co.		91,010		1,979,468

Total Materials				18,355,721

Telecommunication Services (2.9%)
*Diversified Telecommunication Services* (*2.9%*)
AT&T, Inc.		115,947		3,316,084
Verizon Communications, Inc.		65,570		2,136,927

Total Telecommunication Services				5,453,011

Utilities (2.5%)
*Electric Utilities* (*1.3%*)
NextEra Energy, Inc.		11,820		642,889
Progress Energy, Inc.		25,740		1,143,371
Southern Co.		20,050		746,662

				2,532,922

*Multi-Utilities* (*1.2%*)
PG&E Corp.		38,760	$	1,760,479
Public Service Enterprise Group, Inc.		14,680		485,615

				2,246,094

Total Utilities				4,779,016

Total Common Stocks (96.8%) (Cost $165,159,775)				183,357,597

	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (6.0%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $11,375,633)	$	11,375,633		11,375,633

Total Investments (102.8%) (Cost/Amortized Cost $176,535,408)				194,733,230
Other Assets Less Liabilities (-2.8%)				(5,382,866	)

Net Assets (100%)			$	189,350,364

*	Non-income producing.

Glossary:

ADR — American Depositary Receipt

See Notes to Portfolio of Investments.

377

EQ ADVISORS TRUST

EQ/LORD ABBETT GROWTH AND INCOME PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	21,699,566	$	—	$	—	$	21,699,566
Consumer Staples		8,464,950		—		—		8,464,950
Energy		25,110,994		—		—		25,110,994
Financials		55,785,513		—		—		55,785,513
Health Care		19,554,361		—		—		19,554,361
Industrials		19,150,786		—		—		19,150,786
Information Technology		5,003,679		—		—		5,003,679
Materials		18,355,721		—		—		18,355,721
Telecommunication Services		5,453,011		—		—		5,453,011
Utilities		4,779,016		—		—		4,779,016
Short-Term Investments		—		11,375,633		—		11,375,633

Total Assets	$	183,357,597	$	11,375,633	$	—	$	194,733,230

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	183,357,597	$	11,375,633	$	—	$	194,733,230

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	78,123,011
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	62,735,165

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	19,839,583
Aggregate gross unrealized depreciation		(6,102,399	)

Net unrealized appreciation	$	13,737,184

Federal income tax cost of investments	$	180,996,046

See Notes to Portfolio of Investments.

378

EQ ADVISORS TRUST

EQ/LORD ABBETT LARGE CAP CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (13.0%)
*Hotels, Restaurants & Leisure* (*6.1%*)
Boyd Gaming Corp.*		39,509	$	286,440
Carnival Corp.		65,000		2,483,650
Darden Restaurants, Inc.		17,234		737,271
Hyatt Hotels Corp., Class A*		17,732		662,999
International Game Technology		27,212		393,213
Marriott International, Inc., Class A		99,880		3,578,700
MGM Resorts International*		53,797		606,830
Royal Caribbean Cruises Ltd.*		16,122		508,327
Starwood Hotels & Resorts Worldwide, Inc.		37,521		1,971,729
Wynn Resorts Ltd.		29,136		2,528,131

				13,757,290

*Internet & Catalog Retail* (*0.1%*)
Amazon.com, Inc.*		1,584		248,783

*Media* (*2.0%*)
DreamWorks Animation SKG, Inc., Class A*		5,205		166,091
Interpublic Group of Cos., Inc.*		105,914		1,062,317
Time Warner, Inc.		41,401		1,268,941
Walt Disney Co.		59,408		1,966,999

				4,464,348

*Multiline Retail* (*2.8%*)
J.C. Penney Co., Inc.		44,367		1,205,895
Kohl’s Corp.*		25,006		1,317,316
Macy’s, Inc.		19,219		443,767
Target Corp.		63,168		3,375,698

				6,342,676

*Specialty Retail* (*2.0%*)
Best Buy Co., Inc.		12,704		518,704
Dick’s Sporting Goods, Inc.*		117,568		3,296,607
Home Depot, Inc.		21,673		686,601

				4,501,912

Total Consumer Discretionary				29,315,009

Consumer Staples (6.3%)
*Beverages* (*2.3%*)
Coca-Cola Co.		40,432		2,366,080
PepsiCo, Inc.		42,325		2,812,073

				5,178,153

*Food & Staples Retailing* (*1.0%*)
CVS Caremark Corp.		38,424		1,209,203
Wal-Mart Stores, Inc.		19,524		1,044,925

				2,254,128

*Food Products* (*0.6%*)
Kellogg Co.		10,456		528,133
Kraft Foods, Inc., Class A		30,369		937,187

				1,465,320

*Household Products* (*2.1%*)
Colgate-Palmolive Co.		20,041		1,540,351
Procter & Gamble Co.		52,096		3,124,197

				4,664,548

*Tobacco* (*0.3%*)
Altria Group, Inc.		25,283		607,298

Total Consumer Staples				14,169,447

Energy (10.3%)
*Energy Equipment & Services* (*2.5%*)
Schlumberger Ltd.		76,694		4,725,117
Weatherford International Ltd.*		53,970	$	922,887

				5,648,004

*Oil, Gas & Consumable Fuels* (*7.8%*)
Apache Corp.		15,981		1,562,303
BP plc (ADR)		7,905		325,449
Chevron Corp.		25,533		2,069,450
Continental Resources, Inc.*		16,944		785,524
Devon Energy Corp.		14,586		944,298
EOG Resources, Inc.		12,523		1,164,263
Exxon Mobil Corp.		53,491		3,305,209
Hess Corp.		43,442		2,568,291
Marathon Oil Corp.		7,067		233,918
Occidental Petroleum Corp.		17,345		1,358,113
Petrohawk Energy Corp.*		17,060		275,348
Range Resources Corp.		7,664		292,228
Southwestern Energy Co.*		17,109		572,125
Suncor Energy, Inc.		68,519		2,230,293

				17,686,812

Total Energy				23,334,816

Financials (17.3%)
*Capital Markets* (*4.7%*)
Bank of New York Mellon Corp.		22,888		598,064
Franklin Resources, Inc.		10,640		1,137,416
Goldman Sachs Group, Inc.		28,283		4,089,156
Morgan Stanley		82,502		2,036,149
State Street Corp.		28,916		1,088,977
T. Rowe Price Group, Inc.		32,337		1,618,952

				10,568,714

*Commercial Banks* (*4.5%*)
Fifth Third Bancorp.		150,900		1,815,327
PNC Financial Services Group, Inc.		31,056		1,612,117
Regions Financial Corp.		178,677		1,298,982
SunTrust Banks, Inc.		40,429		1,044,281
U.S. Bancorp.		68,685		1,484,969
Wells Fargo & Co.		116,029		2,915,809

				10,171,485

*Consumer Finance* (*1.0%*)
Capital One Financial Corp.		55,136		2,180,629

*Diversified Financial Services* (*4.9%*)
Bank of America Corp.		361,832		4,743,618
Citigroup, Inc.*		459,937		1,793,754
JPMorgan Chase & Co.		119,949		4,566,458

				11,103,830

*Insurance* (*1.4%*)
MetLife, Inc.		37,803		1,453,525
Prudential Financial, Inc.		31,926		1,729,751

				3,183,276

*Real Estate Investment Trusts (REITs)* (*0.8%*)
Host Hotels & Resorts, Inc. (REIT) .		122,600		1,775,248

Total Financials				38,983,182

Health Care (10.5%)
*Biotechnology* (*2.9%*)
Amgen, Inc.*		49,552		2,730,811
Celgene Corp.*		18,301		1,054,321
Gilead Sciences, Inc.*		12,829		456,841
Human Genome Sciences, Inc.*		64,205		1,912,667
Vertex Pharmaceuticals, Inc.*		12,980		448,718

				6,603,358

See Notes to Portfolio of Investments.

379

EQ ADVISORS TRUST

EQ/LORD ABBETT LARGE CAP CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Health Care Equipment & Supplies* (*0.5%*)
Baxter International, Inc.		24,630	$	1,175,097

*Health Care Providers & Services* (*1.8%*)
Express Scripts, Inc.*		54,764		2,667,007
Medco Health Solutions, Inc.*		25,144		1,308,996

				3,976,003

*Health Care Technology* (*0.3%)*
athenahealth, Inc.*		22,082		729,148

*Pharmaceuticals* (*5.0%*)
Abbott Laboratories, Inc.		41,449		2,165,296
Johnson & Johnson		49,909		3,092,362
Merck & Co., Inc.		78,484		2,888,996
Pfizer, Inc.		183,320		3,147,604

				11,294,258

Total Health Care				23,777,864

Industrials (8.1%)
*Aerospace & Defense* (*2.5%*)
Boeing Co.		2,202		146,521
Goodrich Corp.		15,824		1,166,704
Honeywell International, Inc.		26,863		1,180,360
Precision Castparts Corp.		11,371		1,448,097
United Technologies Corp.		23,222		1,654,103

				5,595,785

*Airlines* (*0.4%*)
AMR Corp.*		132,170		828,706

*Electrical Equipment* (*0.7%*)
Emerson Electric Co.		32,091		1,689,912

*Industrial Conglomerates* (*1.0%*)
General Electric Co.		133,159		2,163,834

*Machinery* (*1.5%*)
Eaton Corp.		16,122		1,329,904
Parker Hannifin Corp.		29,466		2,064,388

				3,394,292

*Road & Rail* (*2.0%*)
Hertz Global Holdings, Inc.*		97,157		1,028,892
Union Pacific Corp.		43,836		3,585,785

				4,614,677

Total Industrials				18,287,206

Information Technology (20.3%)
*Communications Equipment* (*2.7%*)
Cisco Systems, Inc.*		135,883		2,975,838
QUALCOMM, Inc.		70,394		3,176,177

				6,152,015

*Computers & Peripherals* (*6.7%*)
Apple, Inc.*		28,072		7,965,430
Compellent Technologies, Inc.*		23,545		428,048
Dell, Inc.*		150,872		1,955,301
EMC Corp.*		53,412		1,084,798
Hewlett-Packard Co.		51,752		2,177,207
Isilon Systems, Inc.*		19,119		425,971
Netezza Corp.*		20,110		541,965
Smart Technologies, Inc., Class A*		43,735		592,609

				15,171,329

*Electronic Equipment, Instruments & Components* (*0.3%*)
Corning, Inc.		16,560		302,717
Dolby Laboratories, Inc., Class A*		4,434		251,895

				554,612

*Internet Software & Services* (*2.7%*)
Google, Inc., Class A*		8,527	$	4,483,411
Monster Worldwide, Inc.*		115,194		1,492,914

				5,976,325

*IT Services* (*0.1%*)
Mastercard, Inc., Class A		1,027		230,048

*Semiconductors & Semiconductor Equipment* (*2.4%*)
Broadcom Corp., Class A		24,255		858,384
Intel Corp.		121,976		2,345,599
Micron Technology, Inc.*		185,257		1,335,703
Texas Instruments, Inc.		32,586		884,384

				5,424,070

*Software* (*5.4%*)
Activision Blizzard, Inc.		197,936		2,141,667
Adobe Systems, Inc.*		80,485		2,104,683
Microsoft Corp.		148,800		3,644,112
Oracle Corp.		68,685		1,844,192
VMware, Inc., Class A*		29,691		2,521,954

				12,256,608

Total Information Technology				45,765,007

Materials (8.3%)
*Chemicals* (*5.6%*)
Albemarle Corp.		21,749		1,018,071
Celanese Corp.		34,293		1,100,805
CF Industries Holdings, Inc.		4,730		451,715
Dow Chemical Co.		101,081		2,775,684
E.I. du Pont de Nemours & Co.		23,099		1,030,677
Monsanto Co.		59,653		2,859,168
Mosaic Co.		7,173		421,486
Potash Corp. of Saskatchewan, Inc.		20,769		2,991,567

				12,649,173

*Metals & Mining* (*2.7%*)
Barrick Gold Corp.		22,409		1,037,313
Freeport-McMoRan Copper & Gold, Inc.		21,891		1,869,273
Newmont Mining Corp.		25,645		1,610,762
United States Steel Corp.		34,199		1,499,284

				6,016,632

Total Materials				18,665,805

Telecommunication Services (1.8%)
*Diversified Telecommunication Services* (*1.8%*)
AT&T, Inc.		76,480		2,187,328
CenturyLink, Inc.		29,942		1,181,511
Verizon Communications, Inc.		23,523		766,615

Total Telecommunication Services				4,135,454

Utilities (1.2%)
*Electric Utilities* (*0.5%*)
NextEra Energy, Inc.		12,425		675,796
Progress Energy, Inc.		11,690		519,270

				1,195,066

*Multi-Utilities* (*0.7%*)
Dominion Resources, Inc.		17,341		757,108
PG&E Corp.		16,100		731,262

				1,488,370

Total Utilities				2,683,436

Total Common Stocks (97.1%) (Cost $195,533,746)				219,117,226

See Notes to Portfolio of Investments.

380

EQ ADVISORS TRUST

EQ/LORD ABBETT LARGE CAP CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (2.9%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $6,508,186)	$	6,508,186	$	6,508,186

Total Investments (100.0%) (Cost/Amortized Cost $202,041,932)				225,625,412
Other Assets Less Liabilities (0.0%)				(93,320	)

Net Assets (100%)			$	225,532,092

*	Non-income producing.

Glossary:

ADR — American Depositary Receipt

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	29,315,009	$	—	$	—	$	29,315,009
Consumer Staples		14,169,447		—		—		14,169,447
Energy		23,334,816		—		—		23,334,816
Financials		38,983,182		—		—		38,983,182
Health Care		23,777,864		—		—		23,777,864
Industrials		18,287,206		—		—		18,287,206
Information Technology		45,765,007		—		—		45,765,007
Materials		18,665,805		—		—		18,665,805
Telecommunication Services		4,135,454		—		—		4,135,454
Utilities		2,683,436		—		—		2,683,436
Short-Term Investments		—		6,508,186		—		6,508,186

Total Assets	$	219,117,226	$	6,508,186	$	—	$	225,625,412

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	219,117,226	$	6,508,186	$	—	$	225,625,412

See Notes to Portfolio of Investments.

381

EQ ADVISORS TRUST

EQ/LORD ABBETT LARGE CAP CORE PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	53,555,197
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	26,667,917

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	28,746,403
Aggregate gross unrealized depreciation		(8,832,361	)

Net unrealized appreciation	$	19,914,042

Federal income tax cost of investments	$	205,711,370

See Notes to Portfolio of Investments.

382

EQ ADVISORS TRUST

EQ/MID CAP INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (13.9%)
*Auto Components* (*0.8%*)
BorgWarner, Inc.*		130,176	$	6,849,861
Gentex Corp.		159,526		3,112,352

				9,962,213

*Automobiles* (*0.1%*)
Thor Industries, Inc.		45,221		1,510,381

*Distributors* (*0.3%*)
LKQ Corp.*		164,210		3,415,568

*Diversified Consumer Services* (*1.3%*)
Career Education Corp.*		74,751		1,604,904
Corinthian Colleges, Inc.*		103,444		726,177
ITT Educational Services, Inc.*		31,563		2,217,932
Matthews International Corp., Class A		34,408		1,216,667
Regis Corp.		66,562		1,273,331
Service Corp. International		282,652		2,436,460
Sotheby’s, Inc.		76,358		2,811,502
Strayer Education, Inc.		15,851		2,765,999

				15,052,972

*Hotels, Restaurants & Leisure* (*2.3%*)
Bally Technologies, Inc.*		61,700		2,156,415
Bob Evans Farms, Inc.		34,619		971,755
Boyd Gaming Corp.*		65,226		472,888
Brinker International, Inc.		115,616		2,180,518
Burger King Holdings, Inc.		105,800		2,526,504
Cheesecake Factory, Inc.*		67,663		1,791,040
Chipotle Mexican Grill, Inc.*		35,473		6,101,356
International Speedway Corp., Class A		33,981		829,136
Life Time Fitness, Inc.*		47,578		1,877,904
Panera Bread Co., Class A*		35,452		3,141,402
Scientific Games Corp., Class A*		73,198		710,020
Wendy’s/Arby’s Group, Inc., Class A		365,807		1,657,106
WMS Industries, Inc.*		66,584		2,534,853

				26,950,897

*Household Durables* (*1.6%*)
American Greetings Corp., Class A		45,536		846,514
KB Home		83,800		949,454
M.D.C. Holdings, Inc.		43,386		1,259,496
Mohawk Industries, Inc.*		64,481		3,436,837
NVR, Inc.*		6,628		4,291,829
Ryland Group, Inc.		51,007		914,046
Toll Brothers, Inc.*		165,197		3,142,047
Tupperware Brands Corp.		71,936		3,291,791

				18,132,014

*Internet & Catalog Retail* (*0.7%*)
Netflix, Inc.*		49,655		8,052,055

*Media* (*0.7%*)
DreamWorks Animation SKG, Inc., Class A*		82,102		2,619,875
Harte-Hanks, Inc.		45,639		532,607
John Wiley & Sons, Inc., Class A		52,796		2,157,245
Lamar Advertising Co., Class A*		65,011		2,068,650
Scholastic Corp.		30,228		840,943

				8,219,320

*Multiline Retail* (*0.8%*)
99 Cents Only Stores*		54,365		1,026,411
Dollar Tree, Inc.*		144,978	$	7,069,127
Saks, Inc.*		186,129		1,600,710

				9,696,248

*Specialty Retail* (*3.9%*)
Aaron’s, Inc.		82,780		1,527,291
Advance Auto Parts, Inc.		96,251		5,648,009
Aeropostale, Inc.*		105,842		2,460,826
American Eagle Outfitters, Inc.		222,885		3,334,360
AnnTaylor Stores Corp.*		66,991		1,355,898
Barnes & Noble, Inc.		45,119		731,379
Chico’s FAS, Inc.		203,870		2,144,712
Coldwater Creek, Inc.*		69,556		366,560
Collective Brands, Inc.*		74,465		1,201,865
Dick’s Sporting Goods, Inc.*		100,913		2,829,601
Dress Barn, Inc.*		78,600		1,866,750
Foot Locker, Inc.		178,378		2,591,832
Guess?, Inc.		72,554		2,947,869
J. Crew Group, Inc.*		73,034		2,455,403
PetSmart, Inc.		136,101		4,763,535
Rent-A-Center, Inc.		74,984		1,678,142
Tractor Supply Co.		83,200		3,299,712
Williams-Sonoma, Inc.		124,079		3,933,304

				45,137,048

*Textiles, Apparel & Luxury Goods* (*1.4%*)
Fossil, Inc.*		60,793		3,270,056
Hanesbrands, Inc.*		108,965		2,817,835
Phillips-Van Heusen Corp.		76,091		4,577,635
Timberland Co., Class A*		46,677		924,671
Under Armour, Inc., Class A*		39,953		1,799,483
Warnaco Group, Inc.*		50,700		2,592,291

				15,981,971

Total Consumer Discretionary				162,110,687

Consumer Staples (3.9%)
*Beverages* (*0.3%*)
Hansen Natural Corp.*		78,850		3,675,987

*Food & Staples Retailing* (*0.4%*)
BJ’s Wholesale Club, Inc.*		62,472		2,592,588
Ruddick Corp.		48,325		1,675,911

				4,268,499

*Food Products* (*1.5%*)
Corn Products International, Inc.		86,289		3,235,838
Flowers Foods, Inc.		87,349		2,169,749
Green Mountain Coffee Roasters, Inc.*		131,800		4,110,842
Lancaster Colony Corp.		22,385		1,063,287
Ralcorp Holdings, Inc.*		63,011		3,684,883
Smithfield Foods, Inc.*		190,337		3,203,372
Tootsie Roll Industries, Inc.		28,444		707,687

				18,175,658

*Household Products* (*0.9%*)
Church & Dwight Co., Inc.		81,499		5,292,545
Energizer Holdings, Inc.*		80,177		5,390,300

				10,682,845

*Personal Products* (*0.7%*)
Alberto-Culver Co.		98,426		3,705,739
NBTY, Inc.*		72,740		3,999,245

				7,704,984

See Notes to Portfolio of Investments.

383

EQ ADVISORS TRUST

EQ/MID CAP INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Tobacco* (*0.1%*)
Universal Corp.		27,964	$	1,121,076

Total Consumer Staples				45,629,049

Energy (5.7%)
*Energy Equipment & Services* (*2.0%*)
Atwood Oceanics, Inc.*		63,700		1,939,665
Exterran Holdings, Inc.*		72,849		1,654,401
Helix Energy Solutions Group, Inc.*		122,389		1,363,413
Oceaneering International, Inc.*		62,084		3,343,844
Patterson-UTI Energy, Inc.		175,619		2,999,572
Pride International, Inc.*		200,567		5,902,687
Superior Energy Services, Inc.*		89,684		2,393,666
Tidewater, Inc.		58,523		2,622,416
Unit Corp.*		45,086		1,681,257

				23,900,921

*Oil, Gas & Consumable Fuels* (*3.7%*)
Arch Coal, Inc.		186,524		4,982,056
Bill Barrett Corp.*		52,274		1,881,864
Cimarex Energy Co.		96,039		6,355,861
Comstock Resources, Inc.*		54,766		1,231,687
Forest Oil Corp.*		130,004		3,861,119
Frontier Oil Corp.		122,210		1,637,614
Mariner Energy, Inc.*		117,475		2,846,419
Newfield Exploration Co.*		152,633		8,767,240
Overseas Shipholding Group, Inc.		31,143		1,068,828
Patriot Coal Corp.*		89,303		1,018,947
Plains Exploration & Production Co.*		160,714		4,286,243
Quicksilver Resources, Inc.*		133,505		1,682,163
Southern Union Co.		141,952		3,415,365

				43,035,406

Total Energy				66,936,327

Financials (19.8%)
*Capital Markets* (*2.2%*)
Affiliated Managers Group, Inc.*		58,608		4,572,010
Apollo Investment Corp.		221,341		2,264,319
Eaton Vance Corp.		135,505		3,935,065
Greenhill & Co., Inc.		29,000		2,300,280
Jefferies Group, Inc.		140,957		3,198,314
Raymond James Financial, Inc.		113,446		2,873,587
SEI Investments Co.		168,589		3,429,100
Waddell & Reed Financial, Inc., Class A		97,899		2,678,517

				25,251,192

*Commercial Banks* (*3.4%*)
Associated Banc-Corp.		197,000		2,598,430
BancorpSouth, Inc.		84,395		1,196,721
Bank of Hawaii Corp.		54,952		2,468,444
Cathay General Bancorp		90,818		1,079,826
City National Corp./California		53,107		2,818,388
Commerce Bancshares, Inc./Missouri		84,592		3,179,813
Cullen/Frost Bankers, Inc.		69,626		3,750,753
FirstMerit Corp.		123,799		2,267,998
Fulton Financial Corp.		226,131		2,048,747
International Bancshares Corp.		60,860		1,027,925
PacWest Bancorp		36,165		689,305
Prosperity Bancshares, Inc.		53,000		1,720,910
SVB Financial Group*		47,681		2,017,860
Synovus Financial Corp.		893,463		2,197,919
TCF Financial Corp.		145,282		2,352,116
Trustmark Corp.		65,763		1,429,688
Valley National Bancorp		183,409		2,365,976
Webster Financial Corp.		76,211	$	1,338,265
Westamerica Bancorp		33,112		1,804,273
Wilmington Trust Corp.		103,435		928,846

				39,282,203

*Consumer Finance* (*0.2%*)
AmeriCredit Corp.*		112,581		2,753,731

*Diversified Financial Services* (*0.4%*)
MSCI, Inc., Class A*		135,200		4,489,992

*Insurance* (*4.2%*)
American Financial Group, Inc./Ohio		90,679		2,772,964
Arthur J. Gallagher & Co.		120,486		3,177,216
Brown & Brown, Inc.		133,603		2,697,444
Everest Reinsurance Group Ltd.		64,204		5,551,720
Fidelity National Financial, Inc., Class A		261,384		4,106,342
First American Financial Corp.		119,055		1,778,682
Hanover Insurance Group, Inc.		51,179		2,405,413
HCC Insurance Holdings, Inc.		131,308		3,425,826
Mercury General Corp.		41,188		1,683,353
Old Republic International Corp.		296,748		4,109,960
Protective Life Corp.		97,420		2,119,859
Reinsurance Group of America, Inc.		83,972		4,055,008
StanCorp Financial Group, Inc.		53,174		2,020,612
Transatlantic Holdings, Inc.		73,100		3,714,942
Unitrin, Inc.		57,995		1,414,498
W. R. Berkley Corp.		139,669		3,780,840

				48,814,679

*Real Estate Investment Trusts (REITs)* (*7.8%*)
Alexandria Real Estate Equities, Inc. (REIT)		62,565		4,379,550
AMB Property Corp. (REIT)		192,009		5,082,478
BRE Properties, Inc. (REIT)		73,047		3,031,451
Camden Property Trust (REIT)		76,575		3,673,303
Corporate Office Properties Trust/Maryland (REIT)		67,902		2,533,424
Cousins Properties, Inc. (REIT)		118,774		848,046
Duke Realty Corp. (REIT)		289,104		3,350,715
Equity One, Inc. (REIT)		48,339		815,962
Essex Property Trust, Inc. (REIT)		34,602		3,786,843
Federal Realty Investment Trust (REIT)		70,112		5,725,346
Highwoods Properties, Inc. (REIT)		81,566		2,648,448
Hospitality Properties Trust (REIT)		140,598		3,139,553
Liberty Property Trust (REIT)		130,508		4,163,205
Macerich Co. (REIT)		148,527		6,379,235
Mack-Cali Realty Corp. (REIT)		90,992		2,976,348
Nationwide Health Properties, Inc. (REIT)		141,248		5,462,060
Omega Healthcare Investors, Inc. (REIT)		107,631		2,416,316
Potlatch Corp. (REIT)		46,247		1,572,398
Rayonier, Inc. (REIT)		92,127		4,617,405
Realty Income Corp. (REIT)		126,123		4,252,868
Regency Centers Corp. (REIT)		93,899		3,706,194
Senior Housing Properties Trust (REIT)		146,100		3,433,350
SL Green Realty Corp. (REIT)		89,309		5,655,939
UDR, Inc. (REIT)		205,927		4,349,178
Weingarten Realty Investors (REIT)		137,974		3,010,593

				91,010,208

See Notes to Portfolio of Investments.

384

EQ ADVISORS TRUST

EQ/MID CAP INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Real Estate Management & Development* (*0.3%*)
Jones Lang LaSalle, Inc.		48,588	$	4,191,687

*Thrifts & Mortgage Finance* (*1.3%*)
Astoria Financial Corp.		95,089		1,296,063
First Niagara Financial Group, Inc.		238,135		2,774,273
New York Community Bancorp, Inc.		497,508		8,084,505
NewAlliance Bancshares, Inc.		121,518		1,533,557
Washington Federal, Inc.		127,933		1,952,258

				15,640,656

Total Financials				231,434,348

Health Care (11.1%)
*Biotechnology* (*0.9%*)
United Therapeutics Corp.*		56,604		3,170,390
Vertex Pharmaceuticals, Inc.*		231,751		8,011,632

				11,182,022

*Health Care Equipment & Supplies* (*3.9%*)
Beckman Coulter, Inc.		79,455		3,876,609
Edwards Lifesciences Corp.*		129,516		8,684,048
Gen-Probe, Inc.*		55,801		2,704,116
Hill-Rom Holdings, Inc.		72,314		2,595,350
Hologic, Inc.*		297,460		4,762,335
IDEXX Laboratories, Inc.*		66,231		4,087,777
Immucor, Inc.*		80,908		1,604,406
Kinetic Concepts, Inc.*		71,183		2,603,874
Masimo Corp.		66,875		1,826,356
ResMed, Inc.*		172,776		5,668,781
STERIS Corp.		68,620		2,279,556
Teleflex, Inc.		45,457		2,581,048
Thoratec Corp.*		66,815		2,470,819

				45,745,075

*Health Care Providers & Services* (*3.3%*)
Community Health Systems, Inc.*		107,642		3,333,673
Health Management Associates, Inc., Class A*		285,139		2,184,165
Health Net, Inc.*		111,669		3,036,280
Henry Schein, Inc.*		104,460		6,119,267
Kindred Healthcare, Inc.*		44,244		576,057
LifePoint Hospitals, Inc.*		62,029		2,174,737
Lincare Holdings, Inc.		112,406		2,820,267
MEDNAX, Inc.*		54,600		2,910,180
Omnicare, Inc.		135,456		3,234,689
Owens & Minor, Inc.		72,016		2,049,575
Psychiatric Solutions, Inc.*		65,182		2,186,856
Universal Health Services, Inc., Class B		111,534		4,334,211
VCA Antech, Inc.*		97,749		2,061,526
WellCare Health Plans, Inc.*		48,508		1,404,792

				38,426,275

*Health Care Technology* (*0.3%*)
Allscripts Healthcare Solutions, Inc.*		188,000		3,472,360

*Life Sciences Tools & Services* (*1.6%*)
Bio-Rad Laboratories, Inc., Class A*		22,063		1,996,922
Charles River Laboratories International, Inc.*		75,450		2,501,168
Covance, Inc.*		73,866		3,456,190
Mettler-Toledo International, Inc.*		38,314		4,767,794
Pharmaceutical Product Development, Inc.		136,263		3,377,960
Techne Corp.		42,395		2,617,043

				18,717,077

*Pharmaceuticals* (*1.1%*)
Endo Pharmaceuticals Holdings, Inc.*		132,441	$	4,402,339
Medicis Pharmaceutical Corp., Class A		68,401		2,028,089
Perrigo Co.		94,185		6,048,561

				12,478,989

Total Health Care				130,021,798

Industrials (14.8%)
*Aerospace & Defense* (*0.5%*)
Alliant Techsystems, Inc.*		37,771		2,847,933
BE Aerospace, Inc.*		117,329		3,556,242

				6,404,175

*Airlines* (*0.4%*)
AirTran Holdings, Inc.*		156,628		1,151,216
Alaska Air Group, Inc.*		40,742		2,079,064
JetBlue Airways Corp.*		228,456		1,528,371

				4,758,651

*Building Products* (*0.2%*)
Lennox International, Inc.		52,366		2,183,139

*Commercial Services & Supplies* (*1.6%*)
Brink’s Co.		54,234		1,247,382
Clean Harbors, Inc.*		26,058		1,765,430
Copart, Inc.*		82,142		2,708,222
Corrections Corp. of America*		126,601		3,124,513
Deluxe Corp.		59,479		1,137,833
Herman Miller, Inc.		66,018		1,299,234
HNI Corp.		52,148		1,499,776
Mine Safety Appliances Co.		34,844		944,272
Rollins, Inc.		49,153		1,149,197
Waste Connections, Inc.*		88,659		3,516,216

				18,392,075

*Construction & Engineering* (*1.3%*)
Aecom Technology Corp.*		132,431		3,212,776
Granite Construction, Inc.		39,693		902,619
KBR, Inc.		179,344		4,419,036
Shaw Group, Inc.*		96,239		3,229,781
URS Corp.*		95,561		3,629,407

				15,393,619

*Electrical Equipment* (*1.8%*)
Acuity Brands, Inc.		49,600		2,194,304
AMETEK, Inc.		121,616		5,809,596
Baldor Electric Co.		53,700		2,169,480
Hubbell, Inc., Class B		68,314		3,466,935
Regal-Beloit Corp.		43,900		2,576,491
Thomas & Betts Corp.*		59,833		2,454,350
Woodward Governor Co.		65,795		2,133,074

				20,804,230

*Industrial Conglomerates* (*0.2%*)
Carlisle Cos., Inc.		69,395		2,078,380

*Machinery* (*5.8%*)
AGCO Corp.*		106,742		4,164,005
Bucyrus International, Inc.		92,467		6,412,586
Crane Co.		52,910		2,007,405
Donaldson Co., Inc.		87,663		4,131,557
Gardner Denver, Inc.		59,600		3,199,328
Graco, Inc.		68,575		2,175,885
Harsco Corp.		91,612		2,251,823
IDEX Corp.		92,900		3,298,879
Joy Global, Inc.		117,946		8,293,963
Kennametal, Inc.		93,403		2,888,955

See Notes to Portfolio of Investments.

385

EQ ADVISORS TRUST

EQ/MID CAP INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Lincoln Electric Holdings, Inc.		48,297	$	2,792,533
Nordson Corp.		38,903		2,866,762
Oshkosh Corp.*		103,121		2,835,828
Pentair, Inc.		113,266		3,809,136
SPX Corp.		57,366		3,630,120
Terex Corp.*		123,784		2,837,129
Timken Co.		92,093		3,532,687
Trinity Industries, Inc.		91,170		2,030,356
Valmont Industries, Inc.		24,223		1,753,745
Wabtec Corp.		54,563		2,607,566

				67,520,248

*Marine* (*0.4%*)
Alexander & Baldwin, Inc.		47,544		1,656,433
Kirby Corp.*		61,408		2,460,004

				4,116,437

*Professional Services* (*1.0%*)
Corporate Executive Board Co.		39,656		1,251,543
FTI Consulting, Inc.*		53,202		1,845,577
Korn/Ferry International*		53,538		885,519
Manpower, Inc.		94,416		4,928,515
Navigant Consulting, Inc.*		57,955		674,017
Towers Watson & Co., Class A		51,797		2,547,377

				12,132,548

*Road & Rail* (*1.1%*)
Con-way, Inc.		62,253		1,929,221
J.B. Hunt Transport Services, Inc.		101,842		3,533,917
Kansas City Southern*		117,756		4,405,252
Landstar System, Inc.		56,679		2,188,943
Werner Enterprises, Inc.		50,163		1,027,840

				13,085,173

*Trading Companies & Distributors* (*0.5%*)
GATX Corp.		53,332		1,563,694
MSC Industrial Direct Co., Class A		50,769		2,743,557
United Rentals, Inc.*		70,008		1,038,919

				5,346,170

Total Industrials				172,214,845

Information Technology (15.6%)
*Communications Equipment* (*1.9%*)
ADC Telecommunications, Inc.*		114,404		1,449,499
ADTRAN, Inc.		71,773		2,533,587
Ciena Corp.*		106,300		1,655,091
CommScope, Inc.*		107,844		2,560,217
F5 Networks, Inc.*		91,905		9,540,658
Plantronics, Inc.		54,240		1,832,227
Polycom, Inc.*		97,129		2,649,679

				22,220,958

*Computers & Peripherals* (*0.4%*)
Diebold, Inc.		74,783		2,325,003
NCR Corp.*		183,898		2,506,530

				4,831,533

*Electronic Equipment, Instruments & Components* (*2.2%*)
Arrow Electronics, Inc.*		135,125		3,611,891
Avnet, Inc.*		174,296		4,707,735
Ingram Micro, Inc., Class A*		178,499		3,009,493
Itron, Inc.*		46,002		2,816,703
National Instruments Corp.		65,427		2,136,846
Tech Data Corp.*		53,381		2,151,254
Trimble Navigation Ltd.*		136,814		4,793,963
Vishay Intertechnology, Inc.*		212,193		2,054,028

				25,281,913

*Internet Software & Services* (*1.2%*)
AOL, Inc.*		121,600		3,009,600
Digital River, Inc.*		45,651	$	1,553,960
Equinix, Inc.*		52,072		5,329,569
Rackspace Hosting, Inc.*		110,000		2,857,800
ValueClick, Inc.*		94,500		1,236,060

				13,986,989

*IT Services* (*2.9%*)
Acxiom Corp.*		92,571		1,468,176
Alliance Data Systems Corp.*		60,409		3,942,291
Broadridge Financial Solutions, Inc.		144,451		3,303,594
Convergys Corp.*		143,500		1,499,575
CoreLogic, Inc.		118,555		2,271,514
DST Systems, Inc.		40,867		1,832,476
Gartner, Inc.*		82,985		2,443,079
Global Payments, Inc.		91,405		3,920,361
Hewitt Associates, Inc., Class A*		106,351		5,363,281
Lender Processing Services, Inc.		106,795		3,548,798
ManTech International Corp., Class A*		25,438		1,007,345
NeuStar, Inc., Class A*		85,406		2,123,193
SRA International, Inc., Class A*		49,374		973,655

				33,697,338

*Office Electronics* (*0.2%*)
Zebra Technologies Corp., Class A* .		64,453		2,168,199

*Semiconductors & Semiconductor Equipment* (*2.8%*)
Atmel Corp.*		529,553		4,215,242
Cree, Inc.*		123,362		6,697,323
Fairchild Semiconductor International, Inc.*		144,294		1,356,363
Integrated Device Technology, Inc.* .		183,441		1,073,130
International Rectifier Corp.*		79,940		1,685,935
Intersil Corp., Class A		143,242		1,674,499
Lam Research Corp.*		141,766		5,932,907
RF Micro Devices, Inc.*		310,230		1,904,812
Semtech Corp.*		71,840		1,450,450
Silicon Laboratories, Inc.*		50,793		1,861,563
Skyworks Solutions, Inc.*		205,000		4,239,400

				32,091,624

*Software* (*4.0%*)
ACI Worldwide, Inc.*		38,556		863,269
Advent Software, Inc.*		18,371		958,783
ANSYS, Inc.*		104,368		4,409,548
Cadence Design Systems, Inc.*		304,850		2,326,006
FactSet Research Systems, Inc.		53,142		4,311,410
Fair Isaac Corp.		47,284		1,166,023
Informatica Corp.*		106,165		4,077,798
Jack Henry & Associates, Inc.		97,838		2,494,869
Mentor Graphics Corp.*		126,347		1,335,488
MICROS Systems, Inc.*		91,868		3,888,772
Parametric Technology Corp.*		132,168		2,582,563
Quest Software, Inc.*		69,760		1,715,398
Rovi Corp.*		117,744		5,935,475
Solera Holdings, Inc.		79,900		3,528,384
Synopsys, Inc.*		170,434		4,221,650
TIBCO Software, Inc.*		187,900		3,333,346

				47,148,782

Total Information Technology				181,427,336

Materials (6.4%)
*Chemicals* (*3.4%*)
Albemarle Corp.		104,768		4,904,190
Ashland, Inc.		90,329		4,405,345
Cabot Corp.		74,364		2,422,035

See Notes to Portfolio of Investments.

386

EQ ADVISORS TRUST

EQ/MID CAP INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Cytec Industries, Inc.		55,899	$	3,151,586
Intrepid Potash, Inc.*		48,500		1,264,395
Lubrizol Corp.		77,136		8,174,102
Minerals Technologies, Inc.		21,454		1,264,070
NewMarket Corp.		11,500		1,307,320
Olin Corp.		89,997		1,814,339
RPM International, Inc.		148,166		2,951,467
Scotts Miracle-Gro Co., Class A		53,105		2,747,122
Sensient Technologies Corp.		57,108		1,741,223
Valspar Corp.		112,931		3,596,852

				39,744,046

*Construction Materials* (*0.3%*)
Martin Marietta Materials, Inc.		52,248		4,021,529

*Containers & Packaging* (*1.6%*)
AptarGroup, Inc.		77,380		3,533,945
Greif, Inc., Class A		35,390		2,082,348
Packaging Corp. of America		118,015		2,734,407
Rock-Tenn Co., Class A		44,300		2,206,583
Silgan Holdings, Inc.		61,000		1,933,700
Sonoco Products Co.		115,518		3,862,922
Temple-Inland, Inc.		122,641		2,288,481

				18,642,386

*Metals & Mining* (*1.0%*)
Carpenter Technology Corp.		49,938		1,683,410
Commercial Metals Co.		129,975		1,883,338
Reliance Steel & Aluminum Co.		85,199		3,538,314
Steel Dynamics, Inc.		248,685		3,508,945
Worthington Industries, Inc.		66,519		999,781

				11,613,788

*Paper & Forest Products* (*0.1%*)
Louisiana-Pacific Corp.*		148,292		1,122,570

Total Materials				75,144,319

Telecommunication Services (0.8%)
*Diversified Telecommunication Services* (*0.3%*)
Cincinnati Bell, Inc.*		226,466		604,664
tw telecom, Inc.*		172,800		3,208,896

				3,813,560

*Wireless Telecommunication Services* (*0.5%*)
Syniverse Holdings, Inc.*		78,856		1,787,665
Telephone & Data Systems, Inc.		105,407		3,457,350

				5,245,015

Total Telecommunication Services				9,058,575

Utilities (6.1%)
*Electric Utilities* (*1.8%*)
Cleco Corp.		69,072		2,045,913
DPL, Inc.		136,393		3,563,949
Great Plains Energy, Inc.		154,486		2,919,785
Hawaiian Electric Industries, Inc.		107,293		2,418,384
IDACORP, Inc.		54,762		1,967,051
NV Energy, Inc.		269,680		3,546,292
PNM Resources, Inc.		100,279		1,142,178
Westar Energy, Inc.		126,259		3,059,256

				20,662,808

*Gas Utilities* (*2.1%*)
AGL Resources, Inc.		89,378		3,428,540
Atmos Energy Corp.		103,300		3,021,525
Energen Corp.		81,995		3,748,811
National Fuel Gas Co.		94,103		4,875,476
Questar Corp.		201,300		3,528,789
UGI Corp.		126,060	$	3,606,577
WGL Holdings, Inc.		58,637		2,215,306

				24,425,024

*Independent Power Producers & Energy Traders* (*0.0%*)
Dynegy, Inc.*		118,720		578,167

*Multi-Utilities* (*1.9%*)
Alliant Energy Corp.		127,195		4,623,538
Black Hills Corp.		45,349		1,414,889
MDU Resources Group, Inc.		215,915		4,307,504
NSTAR		118,939		4,680,250
OGE Energy Corp.		111,779		4,456,629
Vectren Corp.		92,599		2,395,536

				21,878,346

*Water Utilities* (*0.3%*)
Aqua America, Inc.		156,466		3,191,906

Total Utilities				70,736,251

Total Common Stocks (98.1%) (Cost $750,706,092)				1,144,713,535


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Government Securities (0.2%)
U.S. Treasury Bills
0.14%, 10/14/10 #(p)	$	2,055,000		2,054,892

Time Deposit (1.7%)
JPMorgan Chase Nassau
0.000%, 10/1/10		19,937,703		19,937,703

Total Short-Term Investments (1.9%) (Cost/Amortized Cost $21,992,644)				21,992,595

Total Investments (100.0%) (Cost/Amortized Cost $772,698,736)				1,166,706,130
Other Assets Less Liabilities (0.0%)				(146,757	)

Net Assets (100%)			$	1,166,559,373

*	Non-income producing.

#	All, or a portion of security held by broker as collateral for financial futures contracts, with a total collateral value of $2,054,892.

(p)

Yield to maturity.

See Notes to Portfolio of Investments.

387

EQ ADVISORS TRUST

EQ/MID CAP INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchase
S&P MidCap 400 E-Mini Index		311		December -10	$	23,548,749	$	24,883,110	$	1,334,361

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	162,110,687	$	—	$	—	$	162,110,687
Consumer Staples		45,629,049		—		—		45,629,049
Energy		66,936,327		—		—		66,936,327
Financials		231,434,348		—		—		231,434,348
Health Care		130,021,798		—		—		130,021,798
Industrials		172,214,845		—		—		172,214,845
Information Technology		181,427,336		—		—		181,427,336
Materials		75,144,319		—		—		75,144,319
Telecommunication Services		9,058,575		—		—		9,058,575
Utilities		70,736,251		—		—		70,736,251
Futures		1,334,361		—		—		1,334,361
Short-Term Investments		—		21,992,595		—		21,992,595

Total Assets	$	1,146,047,896	$	21,992,595	$	—	$	1,168,040,491

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	1,146,047,896	$	21,992,595	$	—	$	1,168,040,491

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	79,143,801
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	199,410,220

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:

Aggregate gross unrealized appreciation	$	400,136,154
Aggregate gross unrealized depreciation		(13,694,745	)

Net unrealized appreciation	$	386,441,409

Federal income tax cost of investments	$	780,264,721

See Notes to Portfolio of Investments.

388

EQ ADVISORS TRUST

EQ/MID CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (8.8%)
*Auto Components* (*0.2%*)
Autoliv, Inc.		28,925	$	1,889,670
BorgWarner, Inc.*		4,657		245,051
Federal-Mogul Corp.*		7,729		146,156
Lear Corp.*		17,815		1,406,138
TRW Automotive Holdings Corp.*		13,012		540,779

				4,227,794

*Automobiles* (*0.0%*)
Tesla Motors, Inc.*		2,377		48,158

*Distributors* (*0.2%*)
Genuine Parts Co.		81,488		3,633,550

*Diversified Consumer Services* (*0.3%*)
DeVry, Inc.		74,500		3,666,145
Education Management Corp.*		9,612		141,104
H&R Block, Inc.		92,803		1,201,799
Service Corp. International		130,771		1,127,246

				6,136,294

*Hotels, Restaurants & Leisure* (*0.5%*)
Brinker International, Inc.		6,791		128,078
Choice Hotels International, Inc.		13,260		483,460
Hyatt Hotels Corp., Class A*		22,397		837,424
International Speedway Corp., Class A		9,985		243,634
MGM Resorts International*		117,794		1,328,716
Penn National Gaming, Inc.*		34,903		1,033,478
Royal Caribbean Cruises Ltd.*		41,315		1,302,662
Thomas Cook Group plc		615,862		1,662,092
Wendy’s/Arby’s Group, Inc., Class A		104,019		471,206
Wyndham Worldwide Corp.		92,361		2,537,157

				10,027,907

*Household Durables* (*2.1%*)
D.R. Horton, Inc.		142,878		1,588,803
Fortune Brands, Inc.		68,710		3,382,593
Garmin Ltd.		54,130		1,642,845
Harman International Industries, Inc.*		18,697		624,667
Jarden Corp.		47,316		1,472,947
KB Home		39,435		446,799
Leggett & Platt, Inc.		31,081		707,404
Lennar Corp., Class A		81,708		1,256,669
M.D.C. Holdings, Inc.		292,377		8,487,704
Mohawk Industries, Inc.*		25,301		1,348,543
Newell Rubbermaid, Inc.		142,764		2,542,627
Pulte Group, Inc.*		172,033		1,507,009
Stanley Black & Decker, Inc.		82,145		5,033,846
Toll Brothers, Inc.*		375,846		7,148,591
Whirlpool Corp.		22,049		1,785,087

				38,976,134

*Internet & Catalog Retail* (*0.3%*)
Expedia, Inc.		61,881		1,745,663
Liberty Media Corp. - Interactive, Class A*		306,543		4,202,704

				5,948,367

*Leisure Equipment & Products* (*0.4%*)
Mattel, Inc.		331,613		7,779,641

*Media* (*2.8%*)
Cablevision Systems Corp. - New York Group, Class A		120,812		3,164,066
CBS Corp., Class B		797,713	$	12,651,728
Central European Media Enterprises Ltd., Class A*		19,335		482,408
Clear Channel Outdoor Holdings, Inc., Class A*		20,347		232,566
Discovery Communications, Inc., Class A*		39,246		1,709,163
DISH Network Corp., Class A		102,729		1,968,288
Gannett Co., Inc.		122,223		1,494,787
John Wiley & Sons, Inc., Class A		1,706		69,707
Lamar Advertising Co., Class A*		23,321		742,074
Liberty Global, Inc., Class A*		121,219		3,734,758
Liberty Media Corp. - Capital*		37,555		1,955,113
Liberty Media Corp. - Starz*		26,313		1,707,188
Madison Square Garden, Inc., Class A*		20,988		442,427
McGraw-Hill Cos., Inc.		48,248		1,595,079
Meredith Corp.		10,586		352,620
New York Times Co., Class A*		69,562		538,410
Regal Entertainment Group, Class A		31,781		416,967
Virgin Media, Inc.		752,249		17,316,772
Washington Post Co., Class B		3,093		1,235,375

				51,809,496

*Multiline Retail* (*0.4%*)
J.C. Penney Co., Inc.		81,853		2,224,764
Macy’s, Inc.		195,165		4,506,360
Sears Holdings Corp.*		23,284		1,679,708

				8,410,832

*Specialty Retail* (*1.1%*)
Aaron’s, Inc.		16,431		303,152
Abercrombie & Fitch Co., Class A		10,682		420,016
American Eagle Outfitters, Inc.		198,738		2,973,121
AnnTaylor Stores Corp.*		135,800		2,748,592
AutoNation, Inc.*		22,313		518,777
Foot Locker, Inc.		80,363		1,167,674
GameStop Corp., Class A*		78,440		1,546,052
Office Depot, Inc.*		127,101		584,665
RadioShack Corp.		64,344		1,372,458
Ross Stores, Inc.		126,500		6,909,430
Signet Jewelers Ltd.*		43,887		1,392,973

				19,936,910

*Textiles, Apparel & Luxury Goods* (*0.5%*)
VF Corp.		110,102		8,920,464

Total Consumer Discretionary				165,855,547

Consumer Staples (4.4%)
*Beverages* (*0.9%*)
Brown-Forman Corp., Class B		13,497		831,955
Central European Distribution Corp.*		36,255		809,212
Coca-Cola Enterprises, Inc.		63,307		1,962,517
Constellation Brands, Inc., Class A*		94,164		1,665,761
Dr. Pepper Snapple Group, Inc.		87,501		3,108,035
Hansen Natural Corp.*		5,227		243,683
Molson Coors Brewing Co., Class B		186,131		8,789,106

				17,410,269

*Food & Staples Retailing* (*0.4%*)
BJ’s Wholesale Club, Inc.*		25,333		1,051,319
Safeway, Inc.		199,418		4,219,685
SUPERVALU, Inc.		108,923		1,255,882

				6,526,886

See Notes to Portfolio of Investments.

389

EQ ADVISORS TRUST

EQ/MID CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Food Products* (*2.5%*)
Bunge Ltd.		126,776	$	7,500,068
Campbell Soup Co.		37,717		1,348,383
China Agri-Industries Holdings Ltd.		2,171,000		3,077,905
ConAgra Foods, Inc.		205,554		4,509,855
Corn Products International, Inc.		38,613		1,447,988
Dean Foods Co.*		93,149		951,051
Del Monte Foods Co.		101,899		1,335,896
Flowers Foods, Inc.		24,429		606,816
H.J. Heinz Co.		95,747		4,535,535
Hershey Co.		32,841		1,562,903
Hormel Foods Corp.		35,458		1,581,427
J.M. Smucker Co.		61,131		3,700,259
McCormick & Co., Inc. (Non-Voting)		34,063		1,432,009
Mead Johnson Nutrition Co.		90,398		5,144,550
PureCircle Ltd.*		936,857		2,207,563
Ralcorp Holdings, Inc.*		28,170		1,647,382
Sara Lee Corp.		97,392		1,307,975
Smithfield Foods, Inc.*		70,550		1,187,356
Tyson Foods, Inc., Class A		153,211		2,454,440

				47,539,361

*Household Products* (*0.1%*)
Clorox Co.		4,192		279,858
Energizer Holdings, Inc.*		35,941		2,416,313

				2,696,171

*Personal Products* (*0.2%*)
Alberto-Culver Co.		34,132		1,285,070
NBTY, Inc.*		28,961		1,592,276

				2,877,346

*Tobacco* (*0.3%*)
Lorillard, Inc.		78,317		6,289,638

Total Consumer Staples				83,339,671

Energy (7.0%)
*Energy Equipment & Services* (*1.9%*)
Atwood Oceanics, Inc.*		23,007		700,563
Cameron International Corp.*		53,761		2,309,573
Cie Generale de Geophysique-Veritas (ADR)*		144,200		3,149,328
Diamond Offshore Drilling, Inc.		23,922		1,621,194
Dresser-Rand Group, Inc.*		4,108		151,544
Ensco plc (ADR)		83,000		3,712,590
Exterran Holdings, Inc.*		29,063		660,021
Helmerich & Payne, Inc.		48,290		1,953,813
McDermott International, Inc.*		24,907		368,125
Nabors Industries Ltd.*		87,964		1,588,630
Oceaneering International, Inc.*		28,298		1,524,130
Oil States International, Inc.*		24,095		1,121,622
Patterson-UTI Energy, Inc.		78,954		1,348,534
Pride International, Inc.*		54,434		1,601,993
Rowan Cos., Inc.*		51,063		1,550,273
SBM Offshore N.V.		210,892		3,996,229
SEACOR Holdings, Inc.*		10,899		928,159
Superior Energy Services, Inc.*		37,421		998,767
Tidewater, Inc.		26,613		1,192,529
Unit Corp.*		20,646		769,889
Weatherford International Ltd.*		226,792		3,878,143

				35,125,649

*Oil, Gas & Consumable Fuels* (*5.1%*)
Alpha Natural Resources, Inc.*		53,866		2,216,586
Arch Coal, Inc.		24,430		652,525
Atlas Energy, Inc.*		10,812		309,656
Cabot Oil & Gas Corp.		189,224		5,697,535
Cobalt International Energy, Inc.*		240,102	$	2,292,974
Comstock Resources, Inc.*		24,244		545,248
Consol Energy, Inc.		164,763		6,089,640
Continental Resources, Inc.*		1,469		68,103
Denbury Resources, Inc.*		204,882		3,255,575
El Paso Corp.		294,689		3,648,250
EQT Corp.		5,108		184,194
Forest Oil Corp.*		20,601		611,850
Frontier Oil Corp.		54,292		727,513
Frontline Ltd.		4,682		133,109
Holly Corp.		7,380		212,175
Mariner Energy, Inc.*		49,152		1,190,953
Massey Energy Co.		52,838		1,639,035
Murphy Oil Corp.		86,505		5,356,390
Newfield Exploration Co.*		175,957		10,106,970
Noble Energy, Inc.		89,480		6,719,053
Overseas Shipholding Group, Inc.		74,731		2,564,768
Peabody Energy Corp.		137,732		6,750,245
Petrohawk Energy Corp.*		44,966		725,751
Pioneer Natural Resources Co.		59,492		3,868,765
Plains Exploration & Production Co.*		71,895		1,917,440
QEP Resources, Inc.		89,853		2,708,169
Quicksilver Resources, Inc.*		308,502		3,887,125
SandRidge Energy, Inc.*		76,549		434,798
SM Energy Co.		10,360		388,086
Southern Union Co.		63,877		1,536,881
Spectra Energy Corp.		332,082		7,488,449
Sunoco, Inc.		61,868		2,258,182
Teekay Corp.		21,752		581,431
Tesoro Corp.		72,477		968,293
Valero Energy Corp.		289,605		5,070,983
Whiting Petroleum Corp.*		27,899		2,664,633

				95,471,333

Total Energy				130,596,982

Financials (22.7%)
*Capital Markets* (*2.6%*)
Affiliated Managers Group, Inc.*		60,500		4,719,605
Ameriprise Financial, Inc.		355,578		16,829,507
Ares Capital Corp.		98,369		1,539,475
ETRADE Financial Corp.		112,915		1,641,784
Federated Investors, Inc., Class B		14,567		331,545
GLG Partners, Inc.*		5,869		26,410
Invesco Ltd.		509,740		10,821,780
Janus Capital Group, Inc.		85,703		938,448
Jefferies Group, Inc.		59,824		1,357,407
Legg Mason, Inc.		79,107		2,397,733
Raymond James Financial, Inc.		50,928		1,290,006
Solar Capital Ltd.		74,866		1,605,876
TD Ameritrade Holding Corp.*		351,400		5,675,110

				49,174,686

*Commercial Banks* (*3.8%*)
Associated Banc-Corp.		88,737		1,170,441
BancorpSouth, Inc.		42,839		607,457
Bank of Hawaii Corp.		16,741		752,006
BOK Financial Corp.		12,954		584,614
CapitalSource, Inc.		165,554		884,058
CIT Group, Inc.*		102,654		4,190,336
City National Corp./California		23,340		1,238,654
Comerica, Inc.		281,184		10,445,986
Commerce Bancshares, Inc./Missouri		37,221		1,399,137
Cullen/Frost Bankers, Inc.		26,907		1,449,480
East West Bancorp, Inc.		75,923		1,236,026
Fifth Third Bancorp		407,875		4,906,736

See Notes to Portfolio of Investments.

390

EQ ADVISORS TRUST

EQ/MID CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
First Citizens BancShares, Inc./North Carolina, Class A		2,779	$	514,865
First Horizon National Corp.*		119,248		1,360,624
Fulton Financial Corp.		101,811		922,408
Huntington Bancshares, Inc./Ohio		860,188		4,877,266
KeyCorp.		451,155		3,591,194
M&T Bank Corp.		37,758		3,088,982
Marshall & Ilsley Corp.		270,567		1,904,792
Popular, Inc.*		1,991,005		5,773,915
Regions Financial Corp.		644,208		4,683,392
SunTrust Banks, Inc.		256,139		6,616,070
Susquehanna Bancshares, Inc.		176,700		1,491,348
Synovus Financial Corp.		401,859		988,573
TCF Financial Corp.		72,954		1,181,125
Umpqua Holdings Corp.		171,100		1,940,274
Valley National Bancorp		82,603		1,065,579
Wilmington Trust Corp.		46,801		420,273
Zions Bancorp		88,624		1,893,009
				71,178,620
*Consumer Finance* (*0.5%*)
AmeriCredit Corp.*		32,480		794,461
Discover Financial Services		279,074		4,654,954
Green Dot Corp., Class A*		699		33,887
SLM Corp.*		249,274		2,879,115
				8,362,417
*Diversified Financial Services* (*1.1%*)
CBOE Holdings, Inc.		4,079		81,743
Interactive Brokers Group, Inc., Class A*		13,171		226,673
Leucadia National Corp.*		100,013		2,362,307
NASDAQ OMX Group, Inc.*		62,655		1,217,387
NYSE Euronext		105,007		3,000,050
PHH Corp.*		662,100		13,943,826
				20,831,986
*Insurance* (*7.1%*)
Alleghany Corp.*		3,431		1,039,696
Allied World Assurance Co. Holdings Ltd./Bermuda		25,899		1,465,624
American Financial Group, Inc./Ohio		44,057		1,347,263
American International Group, Inc.*		62,036		2,425,608
American National Insurance Co.		3,593		272,960
Aon Corp.		138,005		5,397,376
Arch Capital Group Ltd.*		23,905		2,003,239
Arthur J. Gallagher & Co.		39,890		1,051,899
Aspen Insurance Holdings Ltd.		39,677		1,201,420
Assurant, Inc.		57,387		2,335,651
Assured Guaranty Ltd.		94,609		1,618,760
Axis Capital Holdings Ltd.		44,130		1,453,642
Brown & Brown, Inc.		27,117		547,492
Cincinnati Financial Corp.		74,998		2,163,692
CNA Financial Corp.*		13,532		378,761
Endurance Specialty Holdings Ltd.		20,974		834,765
Erie Indemnity Co., Class A		4,077		228,557
Everest Reinsurance Group Ltd.		110,737		9,575,428
Fidelity National Financial, Inc., Class A		322,364		5,064,338
Genworth Financial, Inc., Class A*		204,550		2,499,601
Hanover Insurance Group, Inc.		23,029		1,082,363
Hartford Financial Services Group, Inc.		208,757		4,790,973
HCC Insurance Holdings, Inc.		59,015		1,539,701
Lincoln National Corp.		155,225		3,712,982
Markel Corp.*		5,033		1,734,322
Marsh & McLennan Cos., Inc.		21,665		522,560
MBIA, Inc.*		78,698	$	790,915
Mercury General Corp.		13,720		560,736
Old Republic International Corp.		123,689		1,713,093
OneBeacon Insurance Group Ltd., Class A		11,813		168,808
PartnerReinsurance Ltd.		40,156		3,219,708
Platinum Underwriters Holdings Ltd.		187,800		8,173,056
Principal Financial Group, Inc.		426,375		11,051,640
Progressive Corp.		343,559		7,170,076
Protective Life Corp.		43,929		955,895
Reinsurance Group of America, Inc.		262,067		12,655,215
RenaissanceReinsurance Holdings Ltd.		28,013		1,679,660
StanCorp Financial Group, Inc.		24,303		923,514
Symetra Financial Corp.		17,937		187,621
Torchmark Corp.		42,346		2,250,266
Transatlantic Holdings, Inc.		33,003		1,677,213
Unitrin, Inc.		26,125		637,189
Unum Group		656,895		14,550,224
Validus Holdings Ltd.		33,741		889,413
W. R. Berkley Corp.		65,063		1,761,255
Wesco Financial Corp.		691		247,482
White Mountains Insurance Group Ltd.		3,911		1,206,387
XL Group plc		175,548		3,802,370
				132,560,409
*Real Estate Investment Trusts (REITs)* (*5.7%*)
Alexandria Real Estate Equities, Inc. (REIT)		28,113		1,967,910
AMB Property Corp. (REIT)		188,275		4,983,639
Annaly Capital Management, Inc. (REIT)		318,004		5,596,870
Apartment Investment & Management Co. (REIT), Class A		30,399		649,931
AvalonBay Communities, Inc. (REIT)		42,586		4,425,963
Boston Properties, Inc. (REIT)		71,220		5,919,806
Brandywine Realty Trust (REIT)		67,424		825,944
BRE Properties, Inc. (REIT)		32,733		1,358,420
Camden Property Trust (REIT)		33,792		1,621,002
Chimera Investment Corp. (REIT)		451,550		1,783,623
CommonWealth REIT (REIT)		33,149		848,614
Corporate Office Properties Trust/Maryland (REIT)		30,142		1,124,598
Developers Diversified Realty Corp. (REIT)		102,267		1,147,436
Digital Realty Trust, Inc. (REIT)		2,404		148,327
Douglas Emmett, Inc. (REIT)		62,725		1,098,315
Duke Realty Corp. (REIT)		587,853		6,813,216
Equity Residential (REIT)		135,693		6,454,916
Essex Property Trust, Inc. (REIT)		9,439		1,033,004
Federal Realty Investment Trust (REIT)		12,657		1,033,571
General Growth Properties, Inc. (REIT)		23,087		360,157
HCP, Inc. (REIT)		158,998		5,720,748
Health Care REIT, Inc. (REIT)		68,578		3,246,483
Hospitality Properties Trust (REIT)		63,321		1,413,958
Host Hotels & Resorts, Inc. (REIT)		337,078		4,880,889
Kimco Realty Corp. (REIT)		208,152		3,278,394
Liberty Property Trust (REIT)		58,094		1,853,199
Macerich Co. (REIT)		66,578		2,859,525
Mack-Cali Realty Corp. (REIT)		40,690		1,330,970
Nationwide Health Properties, Inc. (REIT)		61,476		2,377,277

See Notes to Portfolio of Investments.

391

EQ ADVISORS TRUST

EQ/MID CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Piedmont Office Realty Trust, Inc. (REIT), Class A		26,570	$	502,439
Plum Creek Timber Co., Inc. (REIT)		48,088		1,697,506
ProLogis (REIT)		229,405		2,702,391
Rayonier, Inc. (REIT)		28,927		1,449,821
Realty Income Corp. (REIT)		56,779		1,914,588
Regency Centers Corp. (REIT)		41,975		1,656,753
RioCan Real Estate Investment Trust (REIT)		87,200		1,942,486
Senior Housing Properties Trust (REIT)		65,380		1,536,430
SL Green Realty Corp. (REIT)		40,009		2,533,770
Taubman Centers, Inc. (REIT)		28,011		1,249,571
UDR, Inc. (REIT)		87,147		1,840,545
Ventas, Inc. (REIT)		58,599		3,021,950
Vornado Realty Trust (REIT)		75,319		6,442,034
Weingarten Realty Investors (REIT)		61,684		1,345,945
				105,992,934
*Real Estate Management & Development* (*1.2%*)
BR Malls Participacoes S.A.		623,400		5,147,103
BR Properties S.A.		862,100		8,305,101
Forest City Enterprises, Inc., Class A*		65,386		838,902
Iguatemi Empresa de Shopping Centers S.A.		161,200		3,603,182
Multiplan Empreendimentos Imobiliarios S.A.		250,600		5,327,472
St. Joe Co.*		4,851		120,644
				23,342,404
*Thrifts & Mortgage Finance* (*0.7%*)
Beneficial Mutual Bancorp, Inc.*		195,806		1,756,380
Capitol Federal Financial		9,545		235,762
First Niagara Financial Group, Inc.		107,266		1,249,649
Hudson City Bancorp, Inc.		222,036		2,722,161
New York Community Bancorp, Inc.		223,461		3,631,241
People’s United Financial, Inc.		190,669		2,495,857
TFS Financial Corp.		40,979		376,597
Washington Federal, Inc.		57,720		880,807
				13,348,454
Total Financials				424,791,910
Health Care (4.8%)
*Biotechnology* (*0.4%*)
Abraxis Bioscience, Inc.*		2,260		174,788
Alkermes, Inc.*		327,433		4,796,894
Cephalon, Inc.*		38,587		2,409,372
				7,381,054
*Health Care Equipment & Supplies* (*0.8%*)
Alere, Inc.*		30,541		944,633
Beckman Coulter, Inc.		35,975		1,755,220
Boston Scientific Corp.*		778,130		4,769,937
CareFusion Corp.*		72,529		1,801,620
Cooper Cos., Inc.		18,859		871,663
Hill-Rom Holdings, Inc.		5,086		182,537
Hologic, Inc.*		132,956		2,128,626
Kinetic Concepts, Inc.*		29,259		1,070,294
Teleflex, Inc.		17,288		981,613
				14,506,143
*Health Care Providers & Services* (*2.1%*)
AmerisourceBergen Corp.		257,200		7,885,752
Brookdale Senior Living, Inc.*		37,917		618,426
CIGNA Corp.		470,799		16,845,188
Community Health Systems, Inc.*		14,948		462,940
Coventry Health Care, Inc.*		75,918		1,634,515
Emdeon, Inc., Class A*		1,300	$	15,834
Health Net, Inc.*		51,004		1,386,799
Humana, Inc.*		87,340		4,387,962
LifePoint Hospitals, Inc.*		28,369		994,617
MEDNAX, Inc.*		1,378		73,447
Omnicare, Inc.		55,638		1,328,635
Quest Diagnostics, Inc.		10,334		521,557
Team Health Holdings, Inc.*		169,200		2,184,372
Tenet Healthcare Corp.*		69,078		326,048
Universal Health Services, Inc., Class B		43,011		1,671,408

				40,337,500
*Life Sciences Tools & Services* (*0.2%*)
Bio-Rad Laboratories, Inc., Class A*.		9,998		904,919
Charles River Laboratories International, Inc.*		25,884		858,055
Life Technologies Corp.*		27,363		1,277,578
PerkinElmer, Inc.		32,950		762,463
				3,803,015
*Pharmaceuticals* (*1.3%*)
Endo Pharmaceuticals Holdings, Inc.*		268,965		8,940,397
Forest Laboratories, Inc.*		146,510		4,531,554
Impax Laboratories, Inc.*		302,600		5,991,480
King Pharmaceuticals, Inc.*		128,102		1,275,896
Mylan, Inc.*		25,042		471,040
Watson Pharmaceuticals, Inc.*		57,340		2,426,055
				23,636,422
Total Health Care				89,664,134
Industrials (10.0%)
*Aerospace & Defense* (*1.4%*)
Alliant Techsystems, Inc.*		1,238		93,345
BE Aerospace, Inc.*		49,357		1,496,011
Esterline Technologies Corp.*		95,000		5,436,850
Goodrich Corp.		46,188		3,405,441
ITT Corp.		94,167		4,409,840
L-3 Communications Holdings, Inc.		59,395		4,292,477
Rockwell Collins, Inc.		38,285		2,230,101
Spirit AeroSystems Holdings, Inc., Class A*		46,232		921,404
Teledyne Technologies, Inc.*		95,900		3,818,738
				26,104,207
*Air Freight & Logistics* (*0.0%*)
UTi Worldwide, Inc.		8,444		135,780
*Airlines* (*0.9%*)
AMR Corp.*		115,590		724,749
Copa Holdings S.A., Class A		5,693		306,910
Delta Air Lines, Inc.*		1,025,375		11,935,365
Southwest Airlines Co.		331,218		4,329,019
UAL Corp.*		21,675		512,180
				17,808,223
*Building Products* (*0.1%*)
Armstrong World Industries, Inc.*		9,449		392,228
Masco Corp.		128,852		1,418,660
Owens Corning, Inc.*		25,912		664,125
USG Corp.*		20,552		271,081
				2,746,094
*Commercial Services & Supplies* (*0.7%*)
Avery Dennison Corp.		53,445		1,983,878
Cintas Corp.		68,172		1,878,139
Corrections Corp. of America*		48,153		1,188,416
Covanta Holding Corp.		62,602		985,981

See Notes to Portfolio of Investments.

392

EQ ADVISORS TRUST

EQ/MID CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
KAR Auction Services, Inc.*		12,152	$	153,237
Pitney Bowes, Inc.		30,352		648,926
R.R. Donnelley & Sons Co.		100,257		1,700,359
Republic Services, Inc.		116,892		3,564,037
Waste Connections, Inc.*		8,327		330,249

				12,433,222

*Construction & Engineering* (*0.9%*)
Aecom Technology Corp.*		36,046		874,476
Chicago Bridge & Iron Co. N.V. (N.Y. Shares)*		30,852		754,331
Fluor Corp.		86,219		4,270,427
Jacobs Engineering Group, Inc.*		25,406		983,212
KBR, Inc.		77,632		1,912,853
Quanta Services, Inc.*		107,915		2,059,018
Shaw Group, Inc.*		18,348		615,759
URS Corp.*		139,399		5,294,374

				16,764,450

*Electrical Equipment* (*1.3%*)
AMETEK, Inc.		172,700		8,249,879
Babcock & Wilcox Co.*		12,453		265,000
General Cable Corp.*		17,164		465,488
Hubbell, Inc., Class B		122,516		6,217,687
Regal-Beloit Corp.		3,201		187,867
Thomas & Betts Corp.*		212,879		8,732,296

				24,118,217

*Industrial Conglomerates* (*0.5%*)
Carlisle Cos., Inc.		29,015		868,999
Textron, Inc.		376,025		7,731,074

				8,600,073

*Machinery* (*3.4%*)
AGCO Corp.*		180,740		7,050,668
Barnes Group, Inc.		408,242		7,180,977
CNH Global N.V.*		10,922		400,182
Crane Co		25,314		960,413
Dover Corp.		149,369		7,798,556
Eaton Corp.		63,439		5,233,083
Flowserve Corp.		4,316		472,257
Gardner Denver, Inc.		1,480		79,446
Harsco Corp.		38,219		939,423
IDEX Corp.		7,253		257,554
Ingersoll-Rand plc		164,911		5,888,972
Kennametal, Inc.		10,570		326,930
Parker Hannifin Corp.		59,253		4,151,265
Pentair, Inc.		304,200		10,230,246
Snap-On, Inc.		29,669		1,379,905
SPX Corp.		20,637		1,305,909
Terex Corp.*		309,182		7,086,452
Timken Co		11,670		447,661
Trinity Industries, Inc.		40,679		905,921
Wabtec Corp.		20,781		993,124

				63,088,944

*Marine* (*0.1%*)
Alexander & Baldwin, Inc.		20,903		728,260
Kirby Corp.*		25,927		1,038,636

				1,766,896

*Professional Services* (*0.3%*)
Equifax, Inc.		64,974		2,027,189
FTI Consulting, Inc.*		4,652		161,378
Manpower, Inc.		42,016		2,193,235
Towers Watson & Co., Class A		18,596		914,551

				5,296,353

*Road & Rail* (*0.3%*)
All America Latina Logistica S.A		428,400		4,370,085
Con-way, Inc.		25,409		787,425
Hertz Global Holdings, Inc.*		14,499	$	153,545
Kansas City Southern*		21,615		808,617
Ryder System, Inc.		12,808		547,798

				6,667,470

*Trading Companies & Distributors* (*0.1%*)
GATX Corp.		17,179		503,688
WESCO International, Inc.*		14,724		578,506

				1,082,194

Total Industrials				186,612,123

Information Technology (5.7%)
*Communications Equipment* (*0.2%*)
Brocade Communications Systems, Inc.*		227,853		1,330,661
CommScope, Inc.*		48,471		1,150,702
EchoStar Corp., Class A*		19,035		363,188
Tellabs, Inc.		197,710		1,472,939

				4,317,490

*Computers & Peripherals* (*0.3%*)
Diebold, Inc.		26,566		825,937
Lexmark International, Inc., Class A*		40,285		1,797,517
Seagate Technology plc*		69,538		819,157
Western Digital Corp.*		90,674		2,574,235

				6,016,846

*Electronic Equipment, Instruments & Components* (*1.7%*)
Arrow Electronics, Inc.*		535,458		14,312,792
Avnet, Inc.*		77,912		2,104,403
AVX Corp.		22,830		315,511
Flextronics International Ltd.*		370,781		2,239,517
Ingram Micro, Inc., Class A*		75,820		1,278,325
Itron, Inc.*		1,489		91,171
Jabil Circuit, Inc.		27,070		390,079
Kingboard Laminates Holdings Ltd		7,684,000		7,803,981
Molex, Inc.		68,319		1,429,917
Tech Data Corp.*		23,879		962,324
Vishay Intertechnology, Inc.*		88,404		855,751
Vishay Precision Group, Inc.*		6,314		98,562

				31,882,333

*Internet Software & Services* (*0.1%*)
AOL, Inc.*		54,766		1,355,458
IAC/InterActiveCorp*		26,532		696,996
Monster Worldwide, Inc.*		32,620		422,755

				2,475,209

*IT Services* (*0.8%*)
Amdocs Ltd.*		76,269		2,185,869
Broadridge Financial Solutions, Inc.		5,737		131,205
Computer Sciences Corp.		79,152		3,640,992
Convergys Corp.*		51,024		533,201
CoreLogic, Inc.		59,791		1,145,596
Fidelity National Information Services, Inc.		135,229		3,668,763
Fiserv, Inc.*		26,079		1,403,572
Total System Services, Inc.		84,484		1,287,536

				13,996,734

*Office Electronics* (*0.4%*)
Xerox Corp.		706,708		7,314,428
Zebra Technologies Corp., Class A*		12,680		426,555

				7,740,983

*Semiconductors & Semiconductor Equipment* (*1.4%*)
Advanced Micro Devices, Inc.*		190,179		1,352,173
Atmel Corp.*		24,826		197,615
Fairchild Semiconductor International, Inc.*		64,624		607,465
International Rectifier Corp.*		36,267		764,871

See Notes to Portfolio of Investments.

393

EQ ADVISORS TRUST

EQ/MID CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Intersil Corp., Class A		41,768	$	488,268
KLA-Tencor Corp.		82,439		2,904,326
Linear Technology Corp.		88,300		2,713,459
LSI Corp.*		335,416		1,529,497
MEMC Electronic Materials, Inc.*		68,038		811,013
Micron Technology, Inc.*		439,089		3,165,832
National Semiconductor Corp.		11,117		141,964
Novellus Systems, Inc.*		5,570		148,051
PMC-Sierra, Inc.*		111,445		820,235
SunPower Corp., Class A*		30,457		438,581
Varian Semiconductor Equipment Associates, Inc.*		354,550		10,203,949

				26,287,299

*Software* (*0.8%*)
BMC Software, Inc.*		87,000		3,521,760
CA, Inc.		37,136		784,312
Check Point Software Technologies Ltd.*		188,900		6,976,077
Compuware Corp.*		50,233		428,488
Electronic Arts, Inc.*		10,151		166,781
Novell, Inc.*		178,762		1,067,209
Synopsys, Inc.*		72,108		1,786,115

				14,730,742

Total Information Technology				107,447,636

Materials (5.6%)
*Chemicals* (*2.6%*)
Agrium, Inc. (When Issued)		79,500		5,961,705
Ashland, Inc.		36,701		1,789,908
Cabot Corp.		33,545		1,092,561
CF Industries Holdings, Inc.		85,873		8,200,872
Cytec Industries, Inc.		25,027		1,411,022
Eastman Chemical Co.		29,443		2,178,782
FMC Corp.		141,590		9,686,172
Huntsman Corp.		96,793		1,118,927
Intrepid Potash, Inc.*		22,890		596,742
Methanex Corp.		301,200		7,376,388
PPG Industries, Inc.		71,219		5,184,743
RPM International, Inc.		33,264		662,619
Sherwin-Williams Co.		18,117		1,361,311
Sigma-Aldrich Corp.		4,797		289,643
Valspar Corp.		45,797		1,458,634

				48,370,029

*Construction Materials* (*0.1%*)
Vulcan Materials Co		65,529		2,419,331

*Containers & Packaging* (*1.7%*)
AptarGroup, Inc.		34,838		1,591,051
Ball Corp.		37,431		2,202,814
Bemis Co., Inc.		55,969		1,777,016
Greif, Inc., Class A		117,286		6,901,108
Owens-Illinois, Inc.*		323,397		9,074,520
Packaging Corp. of America		52,940		1,226,620
Pactiv Corp.*		6,956		229,409
Rexam plc		769,140		3,709,303
Sealed Air Corp.		81,837		1,839,696
Sonoco Products Co		51,518		1,722,762
Temple-Inland, Inc.		44,993		839,569

				31,113,868

*Metals & Mining* (*0.5%*)
AK Steel Holding Corp.		47,999		662,866
Commercial Metals Co.		58,600		849,114
Reliance Steel & Aluminum Co.		33,686		1,398,980
Royal Gold, Inc.		23,115		1,152,052
Schnitzer Steel Industries, Inc., Class A		8,963	$	432,734
Steel Dynamics, Inc.		111,120		1,567,903
United States Steel Corp.		59,748		2,619,352
Walter Energy, Inc.		5,894		479,123

				9,162,124

*Paper & Forest Products* (*0.7%*)
Domtar Corp.		21,632		1,396,995
International Paper Co.		49,739		1,081,823
MeadWestvaco Corp.		87,674		2,137,492
Sino-Forest Corp.*		155,200		2,585,410
Sino-Forest Corp. (ADR)*§		93,000		1,549,247
Weyerhaeuser Co.		274,573		4,327,270

				13,078,237

Total Materials				104,143,589

Telecommunication Services (1.1%)
*Diversified Telecommunication Services* (*0.9%*)
CenturyLink, Inc.		153,906		6,073,131
Frontier Communications Corp.		311,139		2,542,005
Level 3 Communications, Inc.*		521,918		489,194
Qwest Communications International, Inc.		889,385		5,576,444
Windstream Corp.		145,083		1,783,070

				16,463,844

*Wireless Telecommunication Services* (*0.2%*)
Clearwire Corp., Class A*		17,668		142,934
Leap Wireless International, Inc.*		31,308		386,654
MetroPCS Communications, Inc.*		67,363		704,617
NII Holdings, Inc.*		18,028		740,951
Telephone & Data Systems, Inc.		43,344		1,421,683
U.S. Cellular Corp.*		7,940		365,002

				3,761,841

Total Telecommunication Services				20,225,685

Utilities (8.6%)
*Electric Utilities* (*3.5%*)
Allegheny Energy, Inc.		87,023		2,133,804
DPL, Inc.		61,038		1,594,923
Edison International		166,907		5,739,932
FirstEnergy Corp.		156,172		6,018,869
Great Plains Energy, Inc.		69,556		1,314,608
Hawaiian Electric Industries, Inc.		47,504		1,070,740
ITC Holdings Corp.		3,114		193,846
Northeast Utilities		423,516		12,523,368
NV Energy, Inc.		944,764		12,423,647
Pepco Holdings, Inc.		114,545		2,130,537
Pinnacle West Capital Corp.		55,652		2,296,758
PPL Corp.		247,408		6,736,920
Progress Energy, Inc.		147,143		6,536,092
Westar Energy, Inc.		222,769		5,397,693

				66,111,737

*Gas Utilities* (*1.0%*)
AGL Resources, Inc.		39,950		1,532,482
Atmos Energy Corp.		47,801		1,398,179
Energen Corp.		36,888		1,686,520
National Fuel Gas Co.		37,622		1,949,196
Oneok, Inc.		54,548		2,456,842
Questar Corp.		89,853		1,575,123
UGI Corp.		267,628		7,656,837

				18,255,179

*Independent Power Producers & Energy Traders* (*0.6%*)
AES Corp.*		343,673		3,900,688
Calpine Corp.*		95,863		1,193,494

See Notes to Portfolio of Investments.

394

EQ ADVISORS TRUST

EQ/MID CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Constellation Energy Group, Inc.		94,803	$	3,056,449
Mirant Corp.*		74,646		743,474
NRG Energy, Inc.*		131,019		2,727,816
Ormat Technologies, Inc.		4,904		143,050
RRI Energy, Inc.*		181,363		643,839

				12,408,810

*Multi-Utilities* (*3.3%*)
Alliant Energy Corp.		56,845		2,066,316
Ameren Corp.		122,282		3,472,809
CenterPoint Energy, Inc.		215,849		3,393,146
CMS Energy Corp.		117,977		2,125,946
Consolidated Edison, Inc.		144,492		6,967,404
DTE Energy Co.		86,423		3,969,408
Integrys Energy Group, Inc.		39,523		2,057,567
MDU Resources Group, Inc.		96,544		1,926,053
NiSource, Inc.		142,213		2,474,506
NSTAR		54,811		2,156,813
OGE Energy Corp.		49,883		1,988,835
SCANA Corp.		57,937		2,336,020
Sempra Energy		126,843		6,824,153
TECO Energy, Inc.		109,777		1,901,338
Vectren Corp.		41,666		1,077,899
Wisconsin Energy Corp.		196,291		11,345,620
Xcel Energy, Inc.		235,401		5,407,161

				61,490,994

*Water Utilities* (*0.2%*)
American Water Works Co., Inc.		89,652		2,086,202
Aqua America, Inc.		70,282		1,433,753

				3,519,955

Total Utilities				161,786,675

Total Common Stocks (78.7%) (Cost $1,315,082,506)				1,474,463,952

INVESTMENT COMPANIES:
*Exchange Traded Funds (ETFs)(11.1%)*
iShares Morningstar Mid Core Index Fund		10,366		776,621
iShares Morningstar Mid Growth Index Fund		4,330		365,105
iShares Morningstar Mid Value Index Fund		307,737		21,189,231
iShares Russell Midcap Growth Index Fund		6,054		301,610
iShares Russell Midcap Index Fund		5,105		461,339
iShares Russell Midcap Value Index Fund		3,272,475		132,109,816
iShares S&P MidCap 400 Index Fund		3,855		308,708
iShares S&P MidCap 400/BARRA Value Index Fund		563,021		40,047,684
SPDR Dow Jones Mid Cap Value ETF		23,094		1,148,234
Vanguard Mid-Cap Value Index Fund		245,200		11,879,940

Total Investment Companies (11.1%) (Cost $194,066,832)				208,588,288


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Short-Term Investment (8.8%)
BlackRock Liquidity Funds TempFund
0.23%‡	$	164,795,283	$	164,795,283

Time Deposit (0.5%)
JPMorgan Chase Nassau
0.000%, 10/1/10		8,901,545		8,901,545

Total Short-Term Investments (9.3%) (Amortized Cost $173,696,828)				173,696,828

Total Investments (99.1%) (Cost/Amortized Cost $1,682,846,166)				1,856,749,068
Other Assets Less Liabilities (0.9%)				15,927,807

Net Assets (100%)			$	1,872,676,875

*	Non-income producing.

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2010, the market value of these securities amounted to $1,549,247 or 0.1% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied upon when determining liquidity.

‡	Affiliated company as defined under the Investment Company Act of 1940.

Glossary:

ADR — American Depositary Receipt

See Notes to Portfolio of Investments.

395

EQ ADVISORS TRUST

EQ/MID CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	—	$	428,786,031	$	263,990,748	$	164,795,283	$	161,463	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchases
Russell 2000 Mini Index		676		December-10	$	42,445,602	$	45,596,200	$	3,150,598
S&P 500 E-Mini Index		795		December-10		43,653,617		45,183,825		1,530,208
S&P MidCap 400 E-Mini Index		1,141		December-10		86,873,127		91,291,410		4,418,283

									$	9,099,089

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	164,193,455	$	1,662,092	$	—	$	165,855,547
Consumer Staples		78,054,203		5,285,468		—		83,339,671
Energy		126,600,753		3,996,229		—		130,596,982
Financials		424,791,910		—		—		424,791,910
Health Care		89,664,134		—		—		89,664,134
Industrials		186,612,123		—		—		186,612,123
Information Technology		99,643,655		7,803,981		—		107,447,636
Materials		100,434,286		3,709,303		—		104,143,589
Telecommunication Services		20,225,685		—		—		20,225,685
Utilities		161,786,675		—		—		161,786,675
Futures		9,099,089		—		—		9,099,089
Investment Companies
Exchange Traded Funds (ETFs)		208,588,288		—		—		208,588,288
Short-Term Investments		—		173,696,828		—		173,696,828

Total Assets	$	1,669,694,256	$	196,153,901	$	—	$	1,865,848,157

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	1,669,694,256	$	196,153,901	$	—	$	1,865,848,157

See Notes to Portfolio of Investments.

396

EQ ADVISORS TRUST

EQ/MID CAP VALUE PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities		$550,794,159
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities		$943,743,924
As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:
Aggregate gross unrealized appreciation	$	191,703,734
Aggregate gross unrealized depreciation		(80,214,820	)

Net unrealized appreciation	$	111,488,914

Federal income tax cost of investments	$	1,745,260,154

See Notes to Portfolio of Investments.

397

EQ ADVISORS TRUST

EQ/MONEY MARKET PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
SHORT TERM DEBT SECURITIES:
Bank Note (1.5%)
U.S. Bank N.A./Ohio
0.21%, 11/1/10	$	25,000,000	$	25,000,000

Certificates of Deposit (11.4%)
Bank of Nova Scotia
0.25%, 12/8/10		25,000,000		25,000,000
Citibank N.A./New York
0.27%, 11/23/10		25,000,000		25,000,000
Commerzbank AG
0.17%, 10/1/10		65,000,000		65,000,000
Intesa Sanpaolo S.p.A./New York
0.30%, 12/7/10		25,000,000		25,000,000
Rabobank Nederland N.V.
0.39%, 10/12/10		25,000,000		25,000,000
Royal Bank of Scotland plc/Connecticut
0.27%, 12/2/10		25,000,000		25,000,000

Total Certificates of Deposit				190,000,000

Commercial Paper (50.5%)
Abbey National North America LLC
0.00%, 10/1/10(p)		65,000,000		65,000,000
Argento Variable Funding Co. LLC
0.45%, 10/25/10(p)§		25,000,000		24,992,167
Barton Capital LLC
0.31%, 10/22/10(n)(p)		25,000,000		24,995,333
Commonwealth Bank of Australia
0.18%, 11/15/10(n)(p)		25,000,000		24,994,375
Credit Agricole North America, Inc.
0.00%, 10/1/10(p)		65,000,000		65,000,000
DnB NOR Bank ASA
0.24%, 11/17/10(n)(p)		25,000,000		24,991,840
Falcon Asset Securitization Co. LLC
0.22%, 10/27/10(n)(p)		25,000,000		24,995,847
Gemini Securitization Corp. LLC
0.27%, 11/22/10(n)(p)		25,000,000		24,990,250
General Electric Co.
0.00%, 10/1/10(p)		65,000,000		65,000,000
Gotham Funding Corp.
0.30%, 12/1/10(n)(p)		25,000,000		24,987,292
Govco LLC
0.38%, 10/26/10(n)(p)		25,000,000		24,993,055
HSBC USA, Inc.
0.00%, 10/1/10(p)		65,000,000		65,000,000
ING US Funding LLC
0.24%, 12/1/10(p)		25,000,000		24,989,833
Lloyds TSB Bank plc
0.25%, 12/6/10(p)		25,000,000		24,988,542
Mont Blanc Capital Corp.
0.25%, 11/8/10(n)(p)		25,000,000		24,993,139
National Australia Funding Corp.
0.23%, 11/23/10(n)(p)		25,000,000		24,991,535
Nestle Capital Corp.
0.21%, 10/27/10(n)(p)		25,000,000		24,996,028
Nieuw Amsterdam Receivables Corp.
0.28%, 12/1/10(n)(p)		25,000,000		24,988,139
Nordea North America, Inc.
0.26%, 10/29/10(p)		25,000,000		24,994,750
Sheffield Receivables Corp.
0.25%, 11/19/10(n)(p)		25,000,000		24,991,153
Societe Generale North America, Inc.
0.00%, 10/1/10(p)		45,000,000		45,000,000
Sumitomo Mitsui Banking Corp.
0.23%, 10/12/10(n)(p)		25,000,000		24,998,090
Surrey Funding Corp.
0.27%, 11/22/10(n)(p)	$	25,000,000	$	24,989,889
Toronto-Dominion Holdings USA, Inc.
0.24%, 12/1/10(n)(p)		25,000,000		24,989,833
UBS Finance Delaware LLC
0.00%, 10/1/10(p)		65,000,000		65,000,000

Total Commercial Paper				844,851,090

Government Securities (31.1%)
Federal Home Loan Bank
0.13%, 10/13/10(o)(p)		120,000,000		119,994,400
Federal Home Loan Mortgage Corp.
0.21%, 3/15/11(o)(p)		100,000,000		99,903,750
U.S. Treasury Bills
0.23%, 10/28/10(p)		50,000,000		49,991,188
0.22%, 12/30/10(p)		100,000,000		99,945,000
0.17%, 2/10/11(p)		150,000,000		149,903,750

Total Government Securities				519,738,088

Time Deposits (5.6%)
Branch Banking & Trust
0.12%, 10/1/10		60,000,000		60,000,000
JPMorgan Chase Nassau
0.000%, 10/1/10		937,461		937,461
State Street Bank and Trust Co.
0.15%, 10/1/10		32,000,000		32,000,000

Total Time Deposits				92,937,461

Total Investments (100.1%) (Amortized Cost $1,672,526,639)				1,672,526,639
Other Assets Less Liabilities (-0.1%)				(1,434,808	)

Net Assets (100%)			$	1,671,091,831

Federal Income Tax Cost of Investments			$	1,672,526,639

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2010, the market value of these securities amounted to $24,992,167 or 1.5% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied upon when determining liquidity.

(n)

Section 4(2) Commercial Paper. Private placement for non-current transactions. Notes are usually sold to accredited investors without the intent to freely re-sell their holding.

(o)

Discount Note Security. Effective rate calculated as of September 30, 2010.

(p)

Yield to maturity.

See Notes to Portfolio of Investments.

398

EQ ADVISORS TRUST

EQ/MONEY MARKET PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Short-Term Investments	$	—	$	1,672,526,639	$	—	$	1,672,526,639

Total Assets	$	—	$	1,672,526,639	$	—	$	1,672,526,639

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	—	$	1,672,526,639	$	—	$	1,672,526,639

See Notes to Portfolio of Investments.

399

EQ ADVISORS TRUST

EQ/MONTAG & CALDWELL GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (12.7%)
*Hotels, Restaurants & Leisure (4.6%)*
McDonald’s Corp.		221,108	$	16,474,757

*Media (2.1%)*
Walt Disney Co.		220,600		7,304,066

*Specialty Retail (2.9%)*
TJX Cos., Inc.		231,400		10,327,382

*Textiles, Apparel & Luxury Goods (3.1%)*
NIKE, Inc., Class B		139,700		11,195,558

Total Consumer Discretionary				45,301,763

Consumer Staples (25.9%)
*Beverages (8.8%)*
Coca-Cola Co.		265,500		15,537,060
PepsiCo, Inc.		234,940		15,609,413

				31,146,473

*Food & Staples Retailing (7.5%)*
Costco Wholesale Corp.		231,700		14,942,333
Wal-Mart Stores, Inc.		221,150		11,835,948

				26,778,281

*Food Products (4.8%)*
Kellogg Co.		203,600		10,283,836
Kraft Foods, Inc., Class A		222,400		6,863,264

				17,147,100

*Household Products (4.8%)*
Colgate-Palmolive Co.		87,653		6,737,010
Procter & Gamble Co.		168,396		10,098,708

				16,835,718

Total Consumer Staples				91,907,572

Energy (8.7%)
*Energy Equipment & Services (4.7%)*
Cameron International Corp.*		203,900		8,759,544
Schlumberger Ltd.		127,052		7,827,674

				16,587,218

*Oil, Gas & Consumable Fuels (4.0%)*
Occidental Petroleum Corp.		183,300		14,352,390

Total Energy				30,939,608

Financials (5.4%)
*Consumer Finance (2.6%)*
American Express Co.		218,700		9,191,961

*Diversified Financial Services (2.8%)*
JPMorgan Chase & Co.		258,700		9,848,709

Total Financials				19,040,670

Health Care (17.1%)
*Health Care Equipment & Supplies (3.9%)*
Stryker Corp.		280,800		14,054,040

*Pharmaceuticals (13.2%)*
Abbott Laboratories, Inc.		326,450		17,053,748
Allergan, Inc.		206,200		13,718,486
Merck & Co., Inc.		438,293	$	16,133,565

				46,905,799

Total Health Care				60,959,839

Industrials (10.7%)
*Air Freight & Logistics (2.2%)*
United Parcel Service, Inc., Class B		115,600		7,709,364

*Construction & Engineering (3.2%)*
Fluor Corp.		232,300		11,505,819

*Electrical Equipment (2.7%)*
Emerson Electric Co.		179,300		9,441,938

*Industrial Conglomerates (2.6%)*
3M Co.		107,200		9,295,312

Total Industrials				37,952,433

Information Technology (16.7%)
*Communications Equipment (4.1%)*
Juniper Networks, Inc.*		113,700		3,450,795
QUALCOMM, Inc.		249,400		11,252,928

				14,703,723

*Computers & Peripherals (4.4%)*
Apple, Inc.*		54,500		15,464,375

*Internet Software & Services (4.4%)*
Google, Inc., Class A*		29,540		15,531,837

*IT Services (1.0%)*
Visa, Inc., Class A		49,700		3,690,722

*Semiconductors & Semiconductor Equipment (1.8%)*
Broadcom Corp., Class A		180,300		6,380,817

*Software (1.0%)*
Oracle Corp.		129,300		3,471,705

Total Information Technology				59,243,179

Total Common Stocks (97.2%)
(Cost $309,323,510)				345,345,064


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (2.7%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $9,499,206)	$	9,499,206		9,499,206

Total Investments (99.9%)
(Cost/Amortized Cost $318,822,716)				354,844,270
Other Assets Less Liabilities (0.1%)				469,808

Net Assets (100%)			$	355,314,078

*	Non-income producing.

See Notes to Portfolio of Investments.

400

EQ ADVISORS TRUST

EQ/MONTAG & CALDWELL GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	45,301,763	$	—	$	—	$	45,301,763
Consumer Staples		91,907,572		—		—		91,907,572
Energy		30,939,608		—		—		30,939,608
Financials		19,040,670		—		—		19,040,670
Health Care		60,959,839		—		—		60,959,839
Industrials		37,952,433		—		—		37,952,433
Information Technology		59,243,179		—		—		59,243,179
Short-Term Investments		—		9,499,206		—		9,499,206

Total Assets	$	345,345,064	$	9,499,206	$	—	$	354,844,270

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	345,345,064	$	9,499,206	$	—	$	354,844,270

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	129,222,580
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	147,013,665

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	35,089,504
Aggregate gross unrealized depreciation		(3,140,994	)

Net unrealized appreciation	$	31,948,510

Federal income tax cost of investments	$	322,895,760

See Notes to Portfolio of Investments.

401

EQ ADVISORS TRUST

EQ/MORGAN STANLEY MID CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (28.4%)
*Auto Components* (*0.4%*)
Better Place(b)*†		1,171,377	$	2,987,011

*Distributors* (*3.0%*)
Li & Fung Ltd.		4,032,000		22,683,362

*Diversified Consumer Services* (*2.3%*)
New Oriental Education & Technology Group, Inc. (ADR)*		112,694		10,996,681
Strayer Education, Inc.		37,575		6,556,837

				17,553,518

*Hotels, Restaurants & Leisure* (*9.4%*)
Chipotle Mexican Grill, Inc.*		20,889		3,592,908
Ctrip.com International Ltd. (ADR)*		509,923		24,348,823
Las Vegas Sands Corp.*		678,004		23,628,440
Wynn Resorts Ltd.		237,820		20,635,641

				72,205,812

*Household Durables* (*1.9%*)
Gafisa S.A. (ADR)		458,253		7,098,339
NVR, Inc.*		11,669		7,556,027

				14,654,366

*Internet & Catalog Retail* (*5.8%*)
Netflix, Inc.*		117,859		19,112,016
priceline.com, Inc.*		71,730		24,986,428

				44,098,444

*Media* (*4.8%*)
Discovery Communications, Inc., Class C*		207,555		7,926,525
Groupe Aeroplan, Inc.		611,160		7,508,079
Morningstar, Inc.*		215,916		9,621,217
Naspers Ltd., Class N		243,753		11,917,940

				36,973,761

*Multiline Retail* (*0.8%*)
Dollar Tree, Inc.*		42,786		2,086,246
Sears Holdings Corp.*		60,831		4,388,348

				6,474,594

Total Consumer Discretionary				217,630,868

Consumer Staples (3.4%)
*Beverages* (*1.0%*)
Coca-Cola Enterprises, Inc.		247,751		7,680,281

*Food Products* (*2.4%*)
Mead Johnson Nutrition Co.		319,662		18,191,965

*Personal Products* (*0.0%*)
Natura Cosmeticos S.A.		3,600		97,255

Total Consumer Staples				25,969,501

Energy (4.1%)
*Oil, Gas & Consumable Fuels* (*4.1%*)
Petrohawk Energy Corp.*		162,437		2,621,733
Range Resources Corp.		286,709		10,932,214
Ultra Petroleum Corp.*		417,066		17,508,431

Total Energy				31,062,378

Financials (9.1%)
*Capital Markets* (*3.0%*)
Calamos Asset Management, Inc., Class A		308,353		3,546,060
Greenhill & Co., Inc.		150,285	$	11,920,606
T. Rowe Price Group, Inc.		150,624		7,540,991

				23,007,657

*Commercial Banks* (*0.9%*)
CIT Group, Inc.*		170,621		6,964,749

*Diversified Financial Services* (*5.2%*)
IntercontinentalExchange, Inc.*		79,130		8,286,494
Leucadia National Corp.*		473,432		11,182,464
Moody’s Corp.		128,474		3,209,280
MSCI, Inc., Class A*		505,106		16,774,570

				39,452,808

Total Financials				69,425,214

Health Care (8.4%)
*Biotechnology* (*0.6%*)
Ironwood Pharmaceuticals, Inc.*		495,628		5,045,493

*Health Care Equipment & Supplies* (*3.8%*)
Gen-Probe, Inc.*		242,418		11,747,576
IDEXX Laboratories, Inc.*		159,265		9,829,836
Intuitive Surgical, Inc.*		25,491		7,232,817

				28,810,229

*Life Sciences Tools & Services* (*4.0%*)
Illumina, Inc.*		411,581		20,249,785
Techne Corp.		165,504		10,216,562

				30,466,347

Total Health Care				64,322,069

Industrials (18.4%)
*Air Freight & Logistics* (*3.6%*)
C.H. Robinson Worldwide, Inc.		164,721		11,517,292
Expeditors International of Washington, Inc.		341,729		15,798,132

				27,315,424

*Commercial Services & Supplies* (*5.1%*)
Covanta Holding Corp.		638,725		10,059,919
Edenred*		918,714		18,197,908
Stericycle, Inc.*		161,297		11,206,915

				39,464,742

*Machinery* (*2.0%*)
Schindler Holding AG		144,036		15,449,442

*Professional Services* (*6.3%*)
Corporate Executive Board Co.		176,089		5,557,369
IHS, Inc., Class A*		138,647		9,427,996
Intertek Group plc		600,845		17,272,774
Verisk Analytics, Inc., Class A*		572,635		16,039,506

				48,297,645

*Trading Companies & Distributors* (*1.4%*)
Fastenal Co.		199,212		10,596,086

Total Industrials				141,123,339

Information Technology (19.1%)
*Internet Software & Services* (*2.6%*)
Akamai Technologies, Inc.*		221,833		11,131,580
Alibaba.com Ltd.*		4,407,500		9,179,865

				20,311,445

*IT Services* (*5.5%*)
Gartner, Inc.*		361,153		10,632,344
Redecard S.A.		666,865		10,412,869

See Notes to Portfolio of Investments.

402

EQ ADVISORS TRUST

EQ/MORGAN STANLEY MID CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Teradata Corp.*		539,982	$	20,821,706

				41,866,919

*Semiconductors & Semiconductor Equipment* (*1.0%*)
ARM Holdings plc (ADR)		392,013		7,354,164

*Software* (*10.0%*)
Autodesk, Inc.*		283,917		9,076,826
Citrix Systems, Inc.*		75,050		5,121,412
FactSet Research Systems, Inc.		15,178		1,231,391
Red Hat, Inc.*		330,556		13,552,796
Rovi Corp.*		154,942		7,810,626
Salesforce.com, Inc.*		210,297		23,511,205
Solera Holdings, Inc.		379,173		16,744,280

				77,048,536

Total Information Technology				146,581,064

Materials (5.5%)
*Chemicals* (*3.4%*)
Intrepid Potash, Inc.*		270,135		7,042,419
Nalco Holding Co.		404,482		10,196,991
Rockwood Holdings, Inc.*		287,991		9,063,077

				26,302,487

*Construction Materials* (*1.6%*)
Martin Marietta Materials, Inc.		124,394		9,574,606
Texas Industries, Inc.		77,857		2,454,053

				12,028,659

*Metals & Mining* (*0.5%*)
Lynas Corp., Ltd.*		3,152,466		4,159,177

Total Materials				42,490,323

Telecommunication Services (0.9%)
*Wireless Telecommunication Services* (*0.9%*)
Millicom International Cellular S.A.		71,012		6,813,601

Total Telecommunication Services				6,813,601

Total Common Stocks (97.3%) (Cost $651,298,468)				745,418,357


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (4.4%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $33,591,857)	$	33,591,857		33,591,857

Total Investments (101.7%) (Cost/Amortized Cost $684,890,325)				779,010,214
Other Assets Less Liabilities (-1.7%)				(12,776,259	)

Net Assets (100%)			$	766,233,955

*	Non-income producing.

†	Securities (totaling $2,987,011 or 0.4% of net assets) at fair value by management.

(b)

Illiquid Security.

Glossary:

ADR — American Depositary Receipt

See Notes to Portfolio of Investments.

403

EQ ADVISORS TRUST

EQ/MORGAN STANLEY MID CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	180,042,555	$	34,601,302	$	2,987,011	$	217,630,868
Consumer Staples		25,969,501		—		—		25,969,501
Energy		31,062,378		—		—		31,062,378
Financials		69,425,214		—		—		69,425,214
Health Care		64,322,069		—		—		64,322,069
Industrials		90,203,215		50,920,124		—		141,123,339
Information Technology		137,401,199		9,179,865		—		146,581,064
Materials		38,331,146		4,159,177		—		42,490,323
Telecommunication Services		6,813,601		—		—		6,813,601
Short-Term Investments		—		33,591,857		—		33,591,857

Total Assets	$	643,570,878	$	132,452,325	$	2,987,011	$	779,010,214

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	643,570,878	$	132,452,325	$	2,987,011	$	779,010,214

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities- Consumer Discretionary			Investments in Securities-Health Care
Balance as of 12/31/09	$	—		$	3,663,475
Total gains or losses (realized/unrealized) included in earnings		(527,120	)		—
Purchases, sales, issuances, and settlements (net)		3,514,131			—
Transfers into Level 3		—			—
Transfers out of Level 3		—			(3,663,475	)

Balance as of 9/30/10	$	2,987,011		$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	(527,120	)	$	—

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	186,949,071
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	129,229,606

See Notes to Portfolio of Investments.

404

EQ ADVISORS TRUST

EQ/MORGAN STANLEY MID CAP GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	155,731,985
Aggregate gross unrealized depreciation		(61,042,320	)

Net unrealized appreciation	$	94,689,665

Federal income tax cost of investments	$	684,320,549

See Notes to Portfolio of Investments.

405

EQ ADVISORS TRUST

EQ/MUTUAL LARGE CAP EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (6.9%)
*Auto Components* (*0.1%*)
Goodyear Tire & Rubber Co.*		4,400	$	47,300
International Automotive Components Group North America LLC (ADR)(b)*†		1,598		9,963
International Automotive Components Group North America LLC(b)*†		92,290		17,866
Johnson Controls, Inc.		13,545		413,122

				488,251

*Automobiles* (*1.0%*)
Daimler AG (Registered)*		34,729		2,199,617
Ford Motor Co.*		69,314		848,403
Harley-Davidson, Inc.		4,847		137,849
Volkswagen AG (Preference)		32,214		3,887,860

				7,073,729

*Distributors* (*0.0%*)
Genuine Parts Co.		3,184		141,975

*Diversified Consumer Services* (*0.2%*)
Apollo Group, Inc., Class A*		2,606		133,818
DeVry, Inc.		1,276		62,792
H&R Block, Inc.		6,222		80,575
Hillenbrand, Inc.		39,550		850,720

				1,127,905

*Hotels, Restaurants & Leisure* (*0.5%*)
Carnival Corp.		8,900		340,069
Darden Restaurants, Inc.		2,824		120,811
GHCP Harrah’s Investment LP(b)*†		173,925		—
International Game Technology		6,254		90,370
Marriott International, Inc., Class A		5,764		206,524
McDonald’s Corp.		21,466		1,599,432
Starbucks Corp.		14,958		382,626
Starwood Hotels & Resorts Worldwide, Inc.		3,802		199,795
Thomas Cook Group plc		107,235		289,407
Wyndham Worldwide Corp.		3,603		98,974
Wynn Resorts Ltd.		1,513		131,283
Yum! Brands, Inc.		9,435		434,576

				3,893,867

*Household Durables* (*0.4%*)
D.R. Horton, Inc.		6,011		66,842
Fortune Brands, Inc.		3,073		151,284
Harman International Industries, Inc.*		1,403		46,874
Leggett & Platt, Inc.		2,953		67,210
Lennar Corp., Class A		2,900		44,602
Newell Rubbermaid, Inc.		5,693		101,392
Pulte Group, Inc.*		6,285		55,057
Stanley Black & Decker, Inc.		32,506		1,991,968
Whirlpool Corp.		1,498		121,278

				2,646,507

*Internet & Catalog Retail* (*0.2%*)
Amazon.com, Inc.*		7,131		1,119,995
Expedia, Inc.		4,000		112,840
priceline.com, Inc.*		982		342,070

				1,574,905

*Leisure Equipment & Products* (*0.6%*)
Eastman Kodak Co.*		4,100		17,220
Hasbro, Inc.		2,807		124,940
Mattel, Inc.		173,933	$	4,080,468

				4,222,628

*Media* (*2.8%*)
British Sky Broadcasting Group plc		133,106		1,475,174
CBS Corp., Class B		13,760		218,234
Comcast Corp., Class A		56,603		1,023,382
DIRECTV, Class A*		17,482		727,776
Discovery Communications, Inc., Class A*		5,740		249,977
Gannett Co., Inc.		5,200		63,596
Interpublic Group of Cos., Inc.*		9,859		98,886
McGraw-Hill Cos., Inc.		6,234		206,096
Meredith Corp.		733		24,416
New York Times Co., Class A*		2,383		18,445
News Corp., Class A		323,199		4,220,979
Omnicom Group, Inc.		6,000		236,880
Scripps Networks Interactive, Inc., Class A		1,811		86,167
Time Warner Cable, Inc.		39,747		2,145,941
Time Warner, Inc.		139,396		4,272,487
Viacom, Inc., Class B		12,265		443,870
Virgin Media, Inc.		142,144		3,272,155
Walt Disney Co.		38,574		1,277,185
Washington Post Co., Class B		120		47,929

				20,109,575

*Multiline Retail* (*0.3%*)
Big Lots, Inc.*		1,524		50,673
Family Dollar Stores, Inc.		2,600		114,816
J.C. Penney Co., Inc.		4,910		133,454
Kohl’s Corp.*		6,188		325,984
Macy’s, Inc.		8,666		200,098
Nordstrom, Inc.		3,478		129,381
Sears Holdings Corp.*		893		64,421
Target Corp.		14,550		777,552

				1,796,379

*Specialty Retail* (*0.6%* )
Abercrombie & Fitch Co., Class A		1,874		73,686
AutoNation, Inc.*		1,270		29,527
AutoZone, Inc.*		578		132,310
Bed Bath & Beyond, Inc.*		5,226		226,861
Best Buy Co., Inc.		6,962		284,258
CarMax, Inc.*		4,492		125,147
GameStop Corp., Class A*		2,800		55,188
Gap, Inc.		8,862		165,188
Home Depot, Inc.		33,533		1,062,325
Limited Brands, Inc.		5,495		147,156
Lowe’s Cos., Inc.		28,302		630,852
Office Depot, Inc.*		6,600		30,360
O’Reilly Automotive, Inc.*		2,798		148,854
RadioShack Corp.		2,685		57,271
Ross Stores, Inc.		2,475		135,184
Staples, Inc.		14,745		308,465
Tiffany & Co.		2,547		119,684
TJX Cos., Inc.		8,200		365,966
Urban Outfitters, Inc.*		2,597		81,650

				4,179,932

*Textiles, Apparel & Luxury Goods* (*0.2%*)
Coach, Inc.		6,100		262,056
NIKE, Inc., Class B		7,821		626,775
Polo Ralph Lauren Corp.		1,325		119,064
VF Corp.		1,743		141,218

				1,149,113

Total Consumer Discretionary				48,404,766

See Notes to Portfolio of Investments.

406

EQ ADVISORS TRUST

EQ/MUTUAL LARGE CAP EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value ( Note 1)
Consumer Staples (14.8%)
*Beverages (3.1%*)
Brown-Forman Corp., Class B		26,611	$	1,640,302
Carlsberg A/S, Class B		19,618		2,045,485
Coca-Cola Co.		46,600		2,727,032
Coca-Cola Enterprises, Inc.		84,403		2,616,493
Constellation Brands, Inc., Class A*		3,574		63,224
Dr. Pepper Snapple Group, Inc.		90,951		3,230,580
Molson Coors Brewing Co., Class B		3,187		150,490
PepsiCo, Inc.		69,204		4,597,914
Pernod-Ricard S.A.		53,932		4,503,271

				21,574,791

*Food & Staples Retailing (3.2%*)
Carrefour S.A.		39,629		2,129,365
Costco Wholesale Corp.		8,823		568,995
CVS Caremark Corp.		331,709		10,438,882
Kroger Co.		193,027		4,180,965
Safeway, Inc.		7,870		166,529
SUPERVALU, Inc.		3,800		43,814
Sysco Corp.		11,823		337,192
Walgreen Co.		19,705		660,118
Wal-Mart Stores, Inc.		79,050		4,230,756
Whole Foods Market, Inc.*		2,947		109,363

				22,865,979

*Food Products* (*2.9%*)
Archer-Daniels-Midland Co.		12,974		414,130
Campbell Soup Co.		3,887		138,960
ConAgra Foods, Inc.		8,899		195,244
Danone S.A.		12,542		750,170
Dean Foods Co.*		4,100		41,861
General Mills, Inc.		86,384		3,156,471
H.J. Heinz Co.		6,317		299,236
Hershey Co.		3,139		149,385
Hormel Foods Corp.		1,384		61,726
J.M. Smucker Co.		2,401		145,333
Kellogg Co.		5,282		266,794
Kraft Foods, Inc., Class A		281,444		8,685,362
McCormick & Co., Inc. (Non-Voting)		2,687		112,962
Mead Johnson Nutrition Co.		4,125		234,754
Nestle S.A. (Registered)		103,219		5,498,921
Sara Lee Corp.		13,300		178,619
Tyson Foods, Inc., Class A		6,014		96,344

				20,426,272

*Household Products* (*0.7%*)
Clorox Co.		2,784		185,860
Colgate-Palmolive Co.		9,800		753,228
Kimberly-Clark Corp.		8,255		536,988
Procter & Gamble Co.		57,247		3,433,102

				4,909,178

*Personal Products* (*0.1%*)
Avon Products, Inc.		8,651		277,784
Estee Lauder Cos., Inc., Class A		2,302		145,555

				423,339

*Tobacco* (*4.8%*)
Altria Group, Inc.		343,330		8,246,787
British American Tobacco plc		218,473		8,149,266
Imperial Tobacco Group plc		204,046		6,080,565
Japan Tobacco, Inc.		618		2,057,286
Lorillard, Inc.		28,084		2,255,426
Philip Morris International, Inc.		78,193		4,380,372
Reynolds American, Inc.		49,847	$	2,960,413

				34,130,115

Total Consumer Staples				104,329,674

Energy (6.4%)
*Energy Equipment & Services* (*1.7%*)
Baker Hughes, Inc.		49,929		2,126,975
Cameron International Corp.*		4,901		210,547
Diamond Offshore Drilling, Inc.		1,461		99,012
Exterran Holdings, Inc.*		46,146		1,047,976
FMC Technologies, Inc.*		2,420		165,262
Halliburton Co.		18,500		611,795
Helmerich & Payne, Inc.		2,137		86,463
Nabors Industries Ltd.*		5,975		107,908
National Oilwell Varco, Inc.		8,462		376,305
Pride International, Inc.*		50,002		1,471,559
Rowan Cos., Inc.*		2,333		70,830
Schlumberger Ltd.		27,483		1,693,227
Transocean Ltd.*		62,199		3,998,774

				12,066,633

*Oil, Gas & Consumable Fuels* (*4.7%*)
Anadarko Petroleum Corp.		9,982		569,473
Apache Corp.		7,362		719,709
BP plc		250,377		1,682,611
Cabot Oil & Gas Corp.		2,100		63,231
Chesapeake Energy Corp.		13,267		300,498
Chevron Corp.		40,500		3,282,525
ConocoPhillips		29,900		1,717,157
Consol Energy, Inc.		4,459		164,805
Denbury Resources, Inc.*		8,053		127,962
Devon Energy Corp.		8,773		567,964
El Paso Corp.		14,199		175,784
EOG Resources, Inc.		5,091		473,310
EQT Corp.		3,100		111,786
Exxon Mobil Corp.		102,692		6,345,339
Hess Corp.		5,882		347,744
Marathon Oil Corp.		159,297		5,272,731
Massey Energy Co.		2,111		65,483
Murphy Oil Corp.		3,868		239,507
Noble Energy, Inc.		18,897		1,418,976
Occidental Petroleum Corp.		16,374		1,282,084
Peabody Energy Corp.		5,443		266,761
Pioneer Natural Resources Co.		2,340		152,170
QEP Resources, Inc.		3,501		105,520
Range Resources Corp.		3,198		121,940
Royal Dutch Shell plc, Class A		150,971		4,566,951
Southwestern Energy Co.*		7,108		237,691
Spectra Energy Corp.		13,069		294,706
Sunoco, Inc.		2,392		87,308
Tesoro Corp.		3,094		41,336
Total S.A.		39,642		2,043,056
Valero Energy Corp.		11,577		202,713
Williams Cos., Inc.		11,792		225,345

				33,274,176

Total Energy				45,340,809

Financials (12.1%)
*Capital Markets* (*2.2%*)
Ameriprise Financial, Inc.		5,063		239,632
Bank of New York Mellon Corp.		24,301		634,985
CG Investor LLC I(b)*†		1,888,797		899,067
CG Investor LLC II(b)*†		1,888,769		899,054
CG Investor LLC III(b)*†		944,511		449,587
Charles Schwab Corp.		19,734		274,303

See Notes to Portfolio of Investments.

407

EQ ADVISORS TRUST

EQ/MUTUAL LARGE CAP EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
ETRADE Financial Corp.		4,123	$	59,948
Federated Investors, Inc., Class B		1,741		39,625
Franklin Resources, Inc.		2,963		316,745
Goldman Sachs Group, Inc.		25,515		3,688,959
Invesco Ltd.		9,480		201,260
Janus Capital Group, Inc.		3,704		40,559
Legg Mason, Inc.		3,115		94,416
Morgan Stanley		164,360		4,056,405
Northern Trust Corp.		4,895		236,135
State Street Corp.		10,063		378,972
T. Rowe Price Group, Inc.		5,170		258,836
UBS AG (Registered)*		136,936		2,324,421

				15,092,909

*Commercial Banks* (*2.5%*)
Barclays plc		741,724		3,490,862
BB&T Corp.		13,931		335,458
CIT Group, Inc.*		21,268		868,160
Comerica, Inc.		3,560		132,254
Fifth Third Bancorp		16,060		193,202
First Horizon National Corp.*		4,692		53,538
Guaranty Bancorp*		91,672		145,758
Huntington Bancshares, Inc./Ohio		14,848		84,188
Intesa Sanpaolo S.p.A.		375,208		1,218,654
KeyCorp		17,892		142,420
M&T Bank Corp.		1,723		140,959
Marshall & Ilsley Corp.		10,641		74,913
PNC Financial Services Group, Inc.		55,594		2,885,885
Regions Financial Corp.		23,100		167,937
SunTrust Banks, Inc.		10,181		262,975
U.S. Bancorp		38,500		832,370
Wells Fargo & Co.		265,881		6,681,590
Zions Bancorp		3,478		74,290

				17,785,413

*Consumer Finance* (*0.2%*)
American Express Co.		21,112		887,337
Capital One Financial Corp.		9,236		365,284
Discover Financial Services		10,972		183,013
SLM Corp.*		9,796		113,144

				1,548,778

*Diversified Financial Services* (*2.3%*)
Bank of America Corp.		554,550		7,270,151
Bond Street Holdings LLC, Class A*§†		38,265		784,433
Citigroup, Inc.*		479,007		1,868,127
CME Group, Inc.		1,354		352,649
Deutsche Boerse AG		29,283		1,953,887
IntercontinentalExchange, Inc.*		1,500		157,080
JPMorgan Chase & Co.		79,970		3,044,458
Leucadia National Corp.*		3,975		93,890
Moody’s Corp.		4,103		102,493
NASDAQ OMX Group, Inc.*		2,903		56,405
NYSE Euronext		5,334		152,392

				15,835,965

*Insurance* (*3.4%*)
ACE Ltd.		63,545		3,701,496
Aflac, Inc.		9,484		490,418
Alleghany Corp.*		6,129		1,857,271
Allstate Corp.		10,731		338,563
American International Group, Inc.*		2,792		109,167
Aon Corp.		5,439		212,719
Assurant, Inc.		2,227		90,639
Berkshire Hathaway, Inc., Class B*		55,298		4,572,039
Chubb Corp.		6,344		361,545
Cincinnati Financial Corp.		3,267	$	94,253
CNO Financial Group, Inc.*		90,598		501,913
Genworth Financial, Inc., Class A*		9,869		120,599
Hartford Financial Services Group, Inc.		9,136		209,671
Lincoln National Corp.		6,300		150,696
Loews Corp.		6,411		242,977
Marsh & McLennan Cos., Inc.		11,100		267,732
MetLife, Inc.		18,272		702,558
Old Republic International Corp.		156,506		2,167,608
Principal Financial Group, Inc.		6,460		167,443
Progressive Corp.		13,476		281,244
Prudential Financial, Inc.		9,500		514,710
Torchmark Corp.		1,655		87,947
Travelers Cos., Inc.		9,471		493,439
Unum Group		6,591		145,991
White Mountains Insurance Group Ltd.		13,520		4,170,379
XL Group plc		6,900		149,454
Zurich Financial Services AG		8,650		2,027,268

				24,229,739

*Real Estate Investment Trusts (REITs)* (*1.1%*)
Alexander’s, Inc. (REIT)		8,355		2,638,342
Apartment Investment & Management Co. (REIT), Class A		2,360		50,457
AvalonBay Communities, Inc. (REIT)		1,728		179,591
Boston Properties, Inc. (REIT)		2,815		233,983
Equity Residential (REIT)		5,624		267,534
HCP, Inc. (REIT)		6,238		224,443
Health Care REIT, Inc.		2,600		123,084
Host Hotels & Resorts, Inc. (REIT)		13,278		192,265
Kimco Realty Corp. (REIT)		8,185		128,914
Link REIT (REIT)		681,341		2,019,738
Plum Creek Timber Co., Inc. (REIT)		3,269		115,396
ProLogis (REIT)		9,616		113,276
Public Storage (REIT)		2,800		271,712
Simon Property Group, Inc. (REIT)		5,857		543,178
Ventas, Inc. (REIT)		3,101		159,918
Vornado Realty Trust (REIT)		3,266		279,341

				7,541,172

*Real Estate Management & Development* (*0.4%*)
Canary Wharf Group plc(b)*†		353,084		1,592,422
CB Richard Ellis Group, Inc., Class A*		5,900		107,852
Forestar Group, Inc.*		36,491		622,172
St. Joe Co.*		30,594		760,873

				3,083,319

*Thrifts & Mortgage Finance* (*0.0%*)
Hudson City Bancorp, Inc.		10,572		129,613
People’s United Financial, Inc.		7,386		96,683

				226,296

Total Financials				85,343,591

Health Care (8.0%)
*Biotechnology* (*0.9%*)
Amgen, Inc.*		56,194		3,096,851
Biogen Idec, Inc.*		4,873		273,473
Celgene Corp.*		9,281		534,678
Cephalon, Inc.*		1,561		97,469
Genzyme Corp.*		25,687		1,818,383
Gilead Sciences, Inc.*		16,893		601,560

				6,422,414

See Notes to Portfolio of Investments.

408

EQ ADVISORS TRUST

EQ/MUTUAL LARGE CAP EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Health Care Equipment & Supplies* (*1.3%*)
Alcon, Inc.		10,409	$	1,736,117
Baxter International, Inc.		11,900		567,749
Becton, Dickinson and Co.		4,738		351,086
Boston Scientific Corp.*		327,548		2,007,869
C.R. Bard, Inc.		1,924		156,671
CareFusion Corp.*		3,800		94,392
DENTSPLY International, Inc.		2,955		94,471
Hospira, Inc.*		3,374		192,352
Intuitive Surgical, Inc.*		792		224,722
Medtronic, Inc.		72,285		2,427,330
St. Jude Medical, Inc.*		6,565		258,267
Stryker Corp.		6,873		343,994
Varian Medical Systems, Inc.*		2,453		148,407
Zimmer Holdings, Inc.*		4,100		214,553

				8,817,980

*Health Care Providers & Services* (*2.2%*)
Aetna, Inc.		8,400		265,524
AmerisourceBergen Corp.		5,706		174,946
Cardinal Health, Inc.		7,082		233,989
CIGNA Corp.		5,585		199,831
Community Health Systems, Inc.*		57,135		1,769,471
Coventry Health Care, Inc.*		2,993		64,439
DaVita, Inc.*		2,069		142,823
Express Scripts, Inc.*		11,000		535,700
Humana, Inc.*		3,494		175,539
Laboratory Corp. of America Holdings*		2,000		156,860
McKesson Corp.		5,273		325,766
Medco Health Solutions, Inc.*		8,739		454,952
Patterson Cos., Inc.		1,950		55,867
Quest Diagnostics, Inc.		2,987		150,754
Tenet Healthcare Corp.*		634,468		2,994,689
UnitedHealth Group, Inc.		210,187		7,379,666
WellPoint, Inc.*		8,051		456,009

				15,536,825

*Health Care Technology* (*0.0%*)
Cerner Corp.*		1,423		119,518

*Life Sciences Tools & Services* (*0.1%*)
Life Technologies Corp.*		3,611		168,597
PerkinElmer, Inc.		2,378		55,027
Thermo Fisher Scientific, Inc.*		8,202		392,712
Waters Corp.*		1,856		131,368

				747,704

*Pharmaceuticals* (*3.5%*)
Abbott Laboratories, Inc.		31,200		1,629,888
Allergan, Inc.		6,202		412,619
Bristol-Myers Squibb Co.		34,500		935,295
Eli Lilly and Co.		174,910		6,389,462
Forest Laboratories, Inc.*		5,759		178,126
Johnson & Johnson		55,500		3,438,780
King Pharmaceuticals, Inc.*		5,035		50,149
Merck & Co., Inc.		62,069		2,284,760
Mylan, Inc.*		6,355		119,538
Novartis AG (Registered)		47,545		2,726,465
Pfizer, Inc.		389,097		6,680,795
Watson Pharmaceuticals, Inc.*		2,162		91,474

				24,937,351

Total Health Care				56,581,792

Industrials (6.0%)
*Aerospace & Defense* (*0.9%*)
Boeing Co.		14,757	$	981,931
GenCorp, Inc.*		61,699		303,559
General Dynamics Corp.		7,671		481,815
Goodrich Corp.		2,542		187,422
Honeywell International, Inc.		15,583		684,717
ITT Corp.		3,708		173,646
L-3 Communications Holdings, Inc.		2,309		166,871
Lockheed Martin Corp.		5,995		427,324
Northrop Grumman Corp.		5,902		357,838
Precision Castparts Corp.		2,900		369,315
Raytheon Co.		7,611		347,899
Rockwell Collins, Inc.		3,170		184,652
United Technologies Corp.		18,800		1,339,124

				6,006,113

*Air Freight & Logistics* (*0.5%*)
C.H. Robinson Worldwide, Inc.		3,369		235,560
Expeditors International of Washington, Inc.		4,279		197,818
FedEx Corp.		6,329		541,130
TNT N.V.		55,521		1,491,830
United Parcel Service, Inc., Class B		20,000		1,333,800

				3,800,138

*Airlines* (*0.0%*)
Southwest Airlines Co.		15,028		196,416

*Building Products* (*0.3%*)
Masco Corp.		7,610		83,786
Owens Corning, Inc.*		84,474		2,165,069

				2,248,855

*Commercial Services & Supplies* (*0.2%*)
Avery Dennison Corp.		2,217		82,295
Cintas Corp.		2,682		73,889
Iron Mountain, Inc.		4,000		89,360
Pitney Bowes, Inc.		4,169		89,133
R.R. Donnelley & Sons Co.		4,161		70,571
Republic Services, Inc.		6,214		189,465
Stericycle, Inc.*		1,712		118,950
Waste Management, Inc.		9,719		347,357

				1,061,020

*Construction & Engineering* (*0.1%*)
Fluor Corp.		3,613		178,952
Jacobs Engineering Group, Inc.*		2,536		98,143
Quanta Services, Inc.*		4,255		81,185

				358,280

*Electrical Equipment* (*0.4%*)
Alstom S.A.		38,336		1,955,627
Emerson Electric Co.		15,163		798,484
Rockwell Automation, Inc.		2,861		176,610
Roper Industries, Inc.		1,890		123,190

				3,053,911

*Industrial Conglomerates* (*2.0%*)
3M Co.		14,419		1,250,271
General Electric Co.		215,717		3,505,401
Orkla ASA		562,050		5,179,788
Siemens AG (Registered)		36,452		3,847,744
Textron, Inc.		5,729		117,788
Tyco International Ltd.		10,038		368,696

				14,269,688

*Machinery* (*0.7%*)
Caterpillar, Inc.		12,730		1,001,596
Cummins, Inc.		4,035		365,490

See Notes to Portfolio of Investments.

409

EQ ADVISORS TRUST

EQ/MUTUAL LARGE CAP EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Danaher Corp.		10,778	$	437,694
Deere & Co.		8,569		597,945
Dover Corp.		3,753		195,944
Eaton Corp.		3,336		275,187
Federal Signal Corp.		98,518		531,012
Flowserve Corp.		1,128		123,426
Illinois Tool Works, Inc.		10,142		476,877
Ingersoll-Rand plc		6,200		221,402
PACCAR, Inc.		7,352		353,999
Pall Corp.		2,353		97,979
Parker Hannifin Corp.		3,262		228,536
Snap-On, Inc.		1,159		53,905

				4,960,992

*Marine* (*0.6%*)
A. P. Moller - Maersk A/S, Class B		503		4,204,855

*Professional Services* (*0.0%*)
Dun & Bradstreet Corp.		1,023		75,845
Equifax, Inc.		2,521		78,655
Robert Half International, Inc.		2,977		77,402

				231,902

*Road & Rail* (*0.3%*)
CSX Corp.		7,657		423,585
Norfolk Southern Corp.		7,395		440,077
Ryder System, Inc.		1,057		45,208
Union Pacific Corp.		10,035		820,863

				1,729,733

*Trading Companies & Distributors* (*0.0%*)
Fastenal Co.		2,994		159,251
W.W. Grainger, Inc.		1,216		144,838

				304,089

Total Industrials				42,425,992

Information Technology (9.9%)
*Communications Equipment* (*1.1%*)
Cisco Systems, Inc.*		115,156		2,521,916
Harris Corp.		2,603		115,287
JDS Uniphase Corp.*		4,469		55,371
Juniper Networks, Inc.*		10,300		312,605
Motorola, Inc.*		387,096		3,301,929
QUALCOMM, Inc.		32,374		1,460,715
Tellabs, Inc.		8,129		60,561

				7,828,384

*Computers & Peripherals* (*1.9%*)
Apple, Inc.*		18,423		5,227,526
Dell, Inc.*		34,122		442,221
EMC Corp.*		41,321		839,230
Hewlett-Packard Co.		140,970		5,930,608
Lexmark International, Inc., Class A*		1,641		73,221
NetApp, Inc.*		7,190		357,990
QLogic Corp.*		1,900		33,516
SanDisk Corp.*		4,603		168,700
Western Digital Corp.*		4,767		135,335

				13,208,347

*Electronic Equipment, Instruments & Components* (*0.5%*)
Agilent Technologies, Inc.*		6,986		233,123
Amphenol Corp., Class A		3,504		171,626
Corning, Inc.		31,800		581,304
FLIR Systems, Inc.*		3,189		81,957
Jabil Circuit, Inc.		4,300		61,963
Molex, Inc.		2,776		58,102
Tyco Electronics Ltd.		74,223		2,168,796

				3,356,871

*Internet Software & Services* (*0.6%*)
Akamai Technologies, Inc.*		3,658	$	183,558
eBay, Inc.*		23,100		563,640
Google, Inc., Class A*		5,013		2,635,785
Monster Worldwide, Inc.*		2,883		37,364
VeriSign, Inc.*		3,512		111,471
Yahoo!, Inc.*		27,150		384,716

				3,916,534

*IT Services* (*0.9%*)
Automatic Data Processing, Inc.		9,923		417,064
Cognizant Technology Solutions Corp., Class A*		5,986		385,917
Computer Sciences Corp.		3,114		143,244
Fidelity National Information Services, Inc.		5,150		139,720
Fiserv, Inc.*		3,052		164,259
International Business Machines Corp.		25,438		3,412,253
Mastercard, Inc., Class A		1,959		438,816
Paychex, Inc.		6,488		178,355
SAIC, Inc.*		5,600		89,488
Teradata Corp.*		3,374		130,101
Total System Services, Inc.		3,344		50,963
Visa, Inc., Class A		10,015		743,714
Western Union Co.		13,500		238,545

				6,532,439

*Office Electronics* (*0.8%*)
Xerox Corp.		527,690		5,461,591

*Semiconductors & Semiconductor Equipment* (*1.4%*)
Advanced Micro Devices, Inc.*		12,100		86,031
Altera Corp.		6,344		191,335
Analog Devices, Inc.		6,012		188,657
Applied Materials, Inc.		26,847		313,573
Broadcom Corp., Class A		9,021		319,253
First Solar, Inc.*		1,083		159,580
Intel Corp.		112,066		2,155,029
KLA-Tencor Corp.		3,200		112,736
Linear Technology Corp.		4,440		136,441
LSI Corp.*		602,909		2,749,265
Maxim Integrated Products, Inc.		129,901		2,404,468
MEMC Electronic Materials, Inc.*		4,587		54,677
Microchip Technology, Inc.		3,638		114,415
Micron Technology, Inc.*		17,900		129,059
National Semiconductor Corp.		4,784		61,092
Novellus Systems, Inc.*		1,954		51,937
NVIDIA Corp.*		11,550		134,904
Teradyne, Inc.*		3,752		41,797
Texas Instruments, Inc.		24,221		657,358
Xilinx, Inc.		5,220		138,904

				10,200,511

*Software* (*2.7%*)
Adobe Systems, Inc.*		10,509		274,810
Autodesk, Inc.*		4,708		150,515
BMC Software, Inc.*		3,668		148,481
CA, Inc.		7,864		166,088
Citrix Systems, Inc.*		3,722		253,989
Compuware Corp.*		4,503		38,411
Electronic Arts, Inc.*		6,661		109,440
Intuit, Inc.*		5,702		249,805
McAfee, Inc.*		42,725		2,019,184
Microsoft Corp.		422,504		10,347,123
Nintendo Co., Ltd.		8,077		2,018,282

See Notes to Portfolio of Investments.

410

EQ ADVISORS TRUST

EQ/MUTUAL LARGE CAP EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Novell, Inc.*		7,085	$	42,297
Oracle Corp.		78,055		2,095,777
Red Hat, Inc.*		3,810		156,210
Salesforce.com, Inc.*		2,353		263,065
Symantec Corp.*		70,400		1,067,968

				19,401,445

Total Information Technology				69,906,122

Materials (3.4%)
*Chemicals* (*1.3%* )
Air Products & Chemicals, Inc.		4,286		354,967
Airgas, Inc.		1,502		102,061
CF Industries Holdings, Inc.		1,454		138,857
Dow Chemical Co.		23,275		639,131
E.I. du Pont de Nemours & Co.		18,165		810,522
Eastman Chemical Co.		1,462		108,188
Ecolab, Inc.		4,713		239,138
FMC Corp.		1,462		100,015
International Flavors & Fragrances, Inc.		1,611		78,166
Linde AG		29,047		3,780,848
Monsanto Co.		10,900		522,437
Potash Corp. of Saskatchewan, Inc.		10,063		1,449,475
PPG Industries, Inc.		3,351		243,953
Praxair, Inc.		6,125		552,842
Sherwin-Williams Co.		1,830		137,506
Sigma-Aldrich Corp.		2,447		147,750

				9,405,856

*Construction Materials* (*0.0%* )
Vulcan Materials Co.		2,665		98,392

*Containers & Packaging* (*0.1%*)
Ball Corp.		1,842		108,402
Bemis Co., Inc.		2,201		69,882
Owens-Illinois, Inc.*		3,299		92,570
Pactiv Corp.*		2,747		90,596
Sealed Air Corp.		3,219		72,363

				433,813

*Metals & Mining* (*0.3%* )
AK Steel Holding Corp.		2,531		34,953
Alcoa, Inc.		20,875		252,796
Allegheny Technologies, Inc.		1,985		92,203
Cliffs Natural Resources, Inc.		2,759		176,355
Freeport-McMoRan Copper & Gold, Inc.		9,488		810,180
Newmont Mining Corp.		9,872		620,061
Nucor Corp.		6,338		242,112
Titanium Metals Corp.*		1,817		36,267
United States Steel Corp.		2,800		122,752

				2,387,679

*Paper & Forest Products* (*1.7%*)
Domtar Corp.		23,168		1,496,189
International Paper Co.		167,226		3,637,166
MeadWestvaco Corp.		44,656		1,088,713
Weyerhaeuser Co.		361,582		5,698,532

				11,920,600

Total Materials				24,246,340

Telecommunication Services (2.9%)
*Diversified Telecommunication Services* (*2.0%*)
AT&T, Inc.		119,092		3,406,031
Cable & Wireless Communications plc		1,567,107		1,397,053
Cable & Wireless Worldwide plc		1,567,107		1,810,631
CenturyLink, Inc.		6,080	$	239,917
Frontier Communications Corp.		19,645		160,500
Qwest Communications International, Inc.		34,978		219,312
Telefonica S.A.		195,910		4,851,405
Verizon Communications, Inc.		57,000		1,857,630
Windstream Corp.		9,745		119,766

				14,062,245

*Wireless Telecommunication Services* (*0.9%* )
American Tower Corp., Class A*		8,124		416,436
MetroPCS Communications, Inc.*		5,282		55,249
Sprint Nextel Corp.*		60,192		278,689
Vodafone Group plc		2,156,528		5,322,061

				6,072,435

Total Telecommunication Services				20,134,680

Utilities (3.1%)
*Electric Utilities* (*2.0%*)
Allegheny Energy, Inc.		3,395		83,246
American Electric Power Co., Inc.		9,597		347,699
Duke Energy Corp.		26,306		465,879
E.ON AG		124,850		3,681,464
Edison International		6,562		225,667
Entergy Corp.		24,834		1,900,546
Exelon Corp.		84,845		3,612,700
FirstEnergy Corp.		6,147		236,905
NextEra Energy, Inc.		8,294		451,111
Northeast Utilities		3,533		104,471
Pepco Holdings, Inc.		4,414		82,100
Pinnacle West Capital Corp.		2,100		86,667
PPL Corp.		9,809		267,099
Prime Infrastructure Group		350,436		1,486,954
Progress Energy, Inc.		5,925		263,189
Southern Co.		16,777		624,776

				13,920,473

*Gas Utilities* (*0.0%*)
Nicor, Inc.		905		41,467
Oneok, Inc.		2,151		96,881

				138,348

*Independent Power Producers & Energy Traders* (*0.4%*)
AES Corp.*		13,452		152,680
Constellation Energy Group, Inc.		4,074		131,346
NRG Energy, Inc.*		119,903		2,496,380

				2,780,406

*Multi-Utilities* (*0.7%* )
Ameren Corp.		4,825		137,030
CenterPoint Energy, Inc.		8,700		136,764
CMS Energy Corp.		4,550		81,991
Consolidated Edison, Inc.		5,700		274,854
Dominion Resources, Inc.		11,882		518,768
DTE Energy Co.		3,320		152,488
GDF Suez S.A.		61,136		2,188,604
Integrys Energy Group, Inc.		1,546		80,485
NiSource, Inc.		5,571		96,935
PG&E Corp.		7,868		357,365
Public Service Enterprise Group, Inc.		10,205		337,581
SCANA Corp.		2,273		91,647
Sempra Energy		4,988		268,354
TECO Energy, Inc.		4,293		74,355
Wisconsin Energy Corp.		2,347		135,657
Xcel Energy, Inc.		9,270		212,932

				5,145,810

Total Utilities				21,985,037

See Notes to Portfolio of Investments.

411

EQ ADVISORS TRUST

EQ/MUTUAL LARGE CAP EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Total Common Stocks (73.5%) (Cost $470,191,973)			$	518,698,803


	Principal Amount		Value (Note 1)
LONG-TERM DEBT SECURITIES:
Corporate Bonds (3.2%)
Consumer Discretionary (0.2%)
*Auto Components* (*0.0%* )
International Automotive Components Group North America LLC Term Loan
6.250%, 12/31/49(b)†	$	17,684		15,916
9.000%, 12/31/49(b)†		26,900		25,666

				41,582

*Hotels, Restaurants & Leisure* (*0.2%*)
Six Flags Theme Parks Inc. Term Loan
9.250%, 12/31/16		987,000		1,016,183

Total Consumer Discretionary				1,057,765

Financials (1.5%)
*Capital Markets* (*0.3%* )
CG Investor LLC I
12.000%, 7/31/12(b)†		1,473,800		701,529
CG Investor LLC II
12.000%, 7/31/12(b)†		1,473,800		701,529
CG Investor LLC III
12.000%, 7/31/12(b)†		736,900		350,764

				1,753,822

*Commercial Banks* (*0.4%* )
CIT Group, Inc.
7.000%, 5/1/14		294,824		294,087
7.000%, 5/1/15		294,824		292,613
7.000%, 5/1/16		740,376		729,270
7.000%, 5/1/17		903,927		884,719
Term Loan
6.250%, 8/11/15		884,871		890,263

				3,090,952

*Diversified Financial Services* (*0.0%*)
Tropicana Entertainment LLC
9.625%, 12/15/14(h)		2,014,000		4,229

*Real Estate Management & Development* (*0.8%* )
Realogy Corp. Term Loan
2.506%, 12/15/13(l)(t)		1,411,900		1,154,228
3.258%, 12/15/13(l)		4,482,018		3,975,922
3.292%, 12/15/13(l)		441,764		391,882
13.500%, 10/15/17		155,000		164,300

				5,686,332

Total Financials				10,535,335

Industrials (0.1%)
*Airlines* (*0.0%*)
Northwest Airlines, Inc., Trade Claim Escrows
0.000%, 12/31/49(b)†		1,510,000		—

*Containers & Packaging* (*0.1%*)
Smurfit-Stone Container Enterprises, Inc. Term Loan
6.750%, 2/22/16		694,000		697,470

Total Industrials				697,470

Information Technology (0.8%)
*Communications Equipment* (*0.4%* )
Avaya, Inc. Term Loan
3.058%, 10/26/14	$	3,175,564	$	2,813,153

*IT Services* (*0.4%* )
First Data Corp. Term Loan
3.006%, 9/24/14(l)		3,555,574		3,128,864

				3,128,864

Total Information Technology				5,942,017

Utilities (0.6%)
*Electric Utilities* (*0.6%*)
Boston Generating LLC Term Loan
2.501%, 12/20/13(h)(l)		542,021		517,727
2.501%, 12/21/13(h)(l)		100,418		95,917
Texas Competitive Electric Holdings Co. LLC Term Loan
3.756%, 10/10/14		1,321,018		1,016,267
3.758%, 10/10/14(l)		3,175,991		2,460,034

Total Utilities				4,089,945

Total Corporate Bonds				22,322,532

Total Long-Term Debt Securities (3.2%) (Cost $24,896,187)				22,322,532

SHORT-TERM INVESTMENTS:
Government Securities (3.2%)
Federal Home Loan Bank
0.00%, 10/1/10 (o)(p)	$	8,900,000		8,900,000
U.S. Treasury Bills
0.12%, 10/21/10 (p)		5,000,000		4,999,640
0.12%, 11/18/10 (p)		2,000,000		1,999,662
0.13%, 12/16/10 (p)		2,000,000		1,999,452
0.13%, 1/6/11 (p)		2,000,000		1,999,288
0.15%, 2/24/11 (p)		3,000,000		2,998,176

Total Government Securities				22,896,218

Short-Term Investment (18.2%)
BlackRock Liquidity Funds TempFund 0.23% ‡		128,320,296		128,320,296

Time Deposit (0.0%)
JPMorgan Chase Nassau
0.000%, 10/1/10		229,176		229,176

Total Short-Term Investments (21.4%) (Cost/Amortized Cost $151,445,642)				151,445,690

Total Investments (98.1%) (Cost/Amortized Cost $646,533,802)				692,467,025
Other Assets Less Liabilities (1.9%)				13,414,770

Net Assets (100%)			$	705,881,795

*	Non-income producing.

†	Securities (totaling $6,447,796 or 0.9% of net assets) at fair value by management.

See Notes to Portfolio of Investments.

412

EQ ADVISORS TRUST

EQ/MUTUAL LARGE CAP EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2010, the market value of these securities amounted to $784,433 or 0.1% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied upon when determining liquidity.

‡	Affiliated company as defined under the Investment Company Act of 1940.

(b)

Illiquid Security.

(h)

Security in default.

(l)

Floating Rate Security. Rate disclosed is as of September 30, 2010.

(o)

Discount Note Security. Effective rate calculated as of September 30, 2010.

(p)

Yield to maturity.

(t)

Position represents an unfunded loan commitment. The coupon rate will be determined at the time of settlement.

Glossary:

ADR — American Depositary Receipt

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	—	$	204,881,518	$	76,561,222	$	128,320,296	$	91,435	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


Purchase	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
S&P 500 E-Mini Index		2,480		December-10	$	136,204,569	$	140,950,800	$	4,746,231

See Notes to Portfolio of Investments.

413

EQ ADVISORS TRUST

EQ/MUTUAL LARGE CAP EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

At September 30, 2010, the Portfolio had outstanding foreign currency contracts to buy/sell foreign currencies as follows: (Note 1)


	Counterparty	Local Contract Buy Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Buy Contracts
Australian Dollar vs. U.S. Dollar, expiring 11/19/10	Bank of America		75	$	72,077	$	70,497	$	1,580
Australian Dollar vs. U.S. Dollar, expiring 11/19/10	Bank of America		75		72,078		70,904		1,174
Australian Dollar vs. U.S. Dollar, expiring 11/19/10	Deutsche Bank AG		75		72,077		70,995		1,082
Australian Dollar vs. U.S. Dollar, expiring 11/19/10	Deutsche Bank AG		75		72,077		70,556		1,521
Australian Dollar vs. U.S. Dollar, expiring 11/19/10	Deutsche Bank AG		70		67,272		65,895		1,377
Australian Dollar vs. U.S. Dollar, expiring 11/19/10	Deutsche Bank AG		101		96,680		96,927		(247	)
British Pound vs. U.S. Dollar, expiring 11/12/10	Bank of America		115		180,618		179,576		1,042
British Pound vs. U.S. Dollar, expiring 11/12/10	Deutsche Bank AG		88		138,951		140,229		(1,278	)
British Pound vs. U.S. Dollar, expiring 11/12/10	State Street Bank & Trust		145		228,283		229,370		(1,087	)
British Pound vs. U.S. Dollar, expiring 11/12/10	State Street Bank & Trust		181		284,441		284,621		(180	)
Danish Krone vs. U.S. Dollar, expiring 1/24/11	Deutsche Bank AG		500		91,411		86,505		4,906
Danish Krone vs. U.S. Dollar, expiring 1/24/11	Handelsbanken Capital Markets		567		103,601		102,476		1,125
Danish Krone vs. U.S. Dollar, expiring 1/24/11	State Street Bank & Trust		1,060		193,792		193,967		(175	)
European Union Euro vs. U.S. Dollar, expiring 1/18/11	Bank of America		266		362,294		343,320		18,974
European Union Euro vs. U.S. Dollar, expiring 1/18/11	State Street Bank & Trust		134		182,735		172,914		9,821
Japanese Yen vs. U.S. Dollar, expiring 10/20/10	Deutsche Bank AG		7,000		83,864		74,480		9,384
Japanese Yen vs. U.S. Dollar, expiring 10/20/10	State Street Bank & Trust		10,800		129,391		116,626		12,765
Japanese Yen vs. U.S. Dollar, expiring 10/20/10	State Street Bank & Trust		13,400		160,540		149,375		11,165
Japanese Yen vs. U.S. Dollar, expiring 10/20/10	State Street Bank & Trust		6,700		80,270		76,907		3,363
Norwegian Krone vs. U.S. Dollar, expiring 2/16/11	State Street Bank & Trust		500		84,404		78,393		6,011
Swiss Franc vs. U.S. Dollar, expiring 11/10/10	Bank of America		387		393,941		351,004		42,937
Swiss Franc vs. U.S. Dollar, expiring 11/10/10	Bank of America		510		519,148		519,375		(227	)
Swiss Franc vs. U.S. Dollar, expiring 11/10/10	Deutsche Bank AG		406		412,977		377,589		35,388
Swiss Franc vs. U.S. Dollar, expiring 11/10/10	Deutsche Bank AG		202		205,606		205,236		370
Swiss Franc vs. U.S. Dollar, expiring 11/10/10	Deutsche Bank AG		438		446,355		436,569		9,786
Swiss Franc vs. U.S. Dollar, expiring 11/10/10	State Street Bank & Trust		275		279,932		265,457		14,475

								$	185,052

See Notes to Portfolio of Investments.

414

EQ ADVISORS TRUST

EQ/MUTUAL LARGE CAP EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Counterparty	Local Contract Sell Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Sell Contracts
Australian Dollar vs. U.S. Dollar, expiring 11/19/10	Bank of America		35	$	30,818	$	33,636	$	(2,818	)
Australian Dollar vs. U.S. Dollar, expiring 11/19/10	Bank of America		35		30,977		33,636		(2,659	)
Australian Dollar vs. U.S. Dollar, expiring 11/19/10	Barclays Bank plc		401		358,974		384,989		(26,015	)
British Pound vs. U.S. Dollar, expiring 11/12/10	Bank of America		720		1,120,695		1,130,746		(10,051	)
British Pound vs. U.S. Dollar, expiring 11/12/10	Barclays Bank plc		16,809		26,410,149		26,398,383		11,766
Danish Krone vs. U.S. Dollar, expiring 1/24/11	Bank of America		10,640		1,831,389		1,945,236		(113,847	)
Danish Krone vs. U.S. Dollar, expiring 1/24/11	Deutsche Bank AG		1,060		180,664		193,841		(13,177	)
Danish Krone vs. U.S. Dollar, expiring 1/24/11	Deutsche Bank AG		633		111,994		115,727		(3,733	)
European Union Euro vs. U.S. Dollar, expiring 1/18/11	Deutsche Bank AG		15,260		19,957,029		20,786,206		(829,177	)
European Union Euro vs. U.S. Dollar, expiring 1/18/11	State Street Bank & Trust		14,464		18,386,355		19,701,643		(1,315,288	)
Japanese Yen vs. U.S. Dollar, expiring 10/20/10	Barclays Bank plc		154,532		1,674,505		1,851,383		(176,878	)
Japanese Yen vs. U.S. Dollar, expiring 10/20/10	Deutsche Bank AG		8,487		100,000		101,682		(1,682	)
Japanese Yen vs. U.S. Dollar, expiring 10/20/10	Deutsche Bank AG		10,230		120,000		122,560		(2,560	)
Japanese Yen vs. U.S. Dollar, expiring 10/20/10	Deutsche Bank AG		13,000		154,133		155,748		(1,615	)
Norwegian Krone vs. U.S. Dollar, expiring 2/16/11	Deutsche Bank AG		25,847		4,140,949		4,363,229		(222,280	)
Norwegian Krone vs. U.S. Dollar, expiring 2/16/11	Deutsche Bank AG		1,300		208,370		219,451		(11,081	)
Swiss Franc vs. U.S. Dollar, expiring 11/10/10	Bank of America		370		325,579		376,840		(51,261	)
Swiss Franc vs. U.S. Dollar, expiring 11/10/10	Deutsche Bank AG		9,149		8,302,077		9,312,984		(1,010,907	)
Swiss Franc vs. U.S. Dollar, expiring 11/10/10	Deutsche Bank AG		425		410,668		432,623		(21,955	)

								$	(3,805,218	)

								$	(3,620,166	)

See Notes to Portfolio of Investments.

415

EQ ADVISORS TRUST

EQ/MUTUAL LARGE CAP EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)			Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	40,524,879	$	7,852,058		$	27,829	$	48,404,766
Consumer Staples		73,115,345		31,214,329			—		104,329,674
Energy		37,048,191		8,292,618			—		45,340,809
Financials		67,684,198		13,034,830			4,624,563		85,343,591
Health Care		53,855,327		2,726,465			—		56,581,792
Industrials		25,746,148		16,679,844			—		42,425,992
Information Technology		67,887,840		2,018,282			—		69,906,122
Materials		20,465,492		3,780,848			—		24,246,340
Telecommunication Services		6,753,530		13,381,150			—		20,134,680
Utilities		14,628,015		7,357,022			—		21,985,037
Corporate Bonds
Consumer Discretionary		—		1,016,183			41,582		1,057,765
Financials		—		8,781,513			1,753,822		10,535,335
Industrials		—		697,470			—		697,470
Information Technology		—		5,942,017			—		5,942,017
Utilities		—		4,089,945			—		4,089,945
Forward Currency Contracts		—		200,012			—		200,012
Futures		4,746,231		—			—		4,746,231
Short-Term Investments		—		151,445,690			—		151,445,690

Total Assets	$	412,455,196	$	278,510,276		$	6,447,796	$	697,413,268

Liabilities:
Forward Currency Contracts	$	—	$	(3,820,178	)	$	—	$	(3,820,178	)

Total Liabilities	$	—	$	(3,820,178	)	$	—	$	(3,820,178	)

Total	$	412,455,196	$	274,690,098		$	6,447,796	$	693,593,090

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Common Stock- Consumer Discretionary		Investments in Common Stock- Financials		Investments in Corporate Bonds- Consumer Discretionary
Balance as of 12/31/09	$	27,802	$	1,177,677	$	39,612
Total gains or losses (realized/unrealized) included in earnings		27		950,590		1,970
Purchases, sales, issuances, and settlements (net)		—		2,496,296		—
Transfers into Level 3		—		—		—
Transfers out of Level 3		—		—		—

Balance as of 9/30/10	$	27,829	$	4,624,563	$	41,582

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	27	$	950,590	$	1,970

See Notes to Portfolio of Investments.

416

EQ ADVISORS TRUST

EQ/MUTUAL LARGE CAP EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Investments in Corporate Bonds- Financials		Investments in Corporate Bonds- Industrials
Balance as of 12/31/09	$	589,520	$	951
Total gains or losses (realized/unrealized) included in earnings		1,164,302		(951	)
Purchases, sales, issuances, and settlements (net)		—		—
Transfers into Level 3		—		—
Transfers out of Level 3		—		—

Balance as of 9/30/10	$	1,753,822	$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	1,164,302	$	(951	)

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	109,420,111
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	267,308,095

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	67,556,856
Aggregate gross unrealized depreciation		(39,854,394	)

Net unrealized appreciation	$	27,702,462

Federal income tax cost of investments	$	664,764,563

See Notes to Portfolio of Investments.

417

EQ ADVISORS TRUST

EQ/OPPENHEIMER GLOBAL PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Bermuda (1.0%)
XL Group plc		107,760	$	2,334,082

Brazil (1.9%)
Cia de Bebidas das Americas (Preference) (ADR)		18,570		2,298,595
Empresa Brasileira de Aeronautica S.A. (ADR)		78,290		2,222,653

				4,521,248

Finland (0.8%)
Fortum Oyj		70,733		1,850,429

France (5.0%)
LVMH Moet Hennessy Louis Vuitton S.A.		29,240		4,289,090
Societe Generale S.A.		29,691		1,710,122
Technip S.A.		39,290		3,159,628
Total S.A.		52,550		2,708,304

				11,867,144

Germany (7.9%)
Allianz SE (Registered)		28,334		3,202,122
Bayerische Motoren Werke (BMW) AG		12,755		894,452
Bayerische Motoren Werke (BMW) AG (Preference)		54,080		2,522,486
Linde AG		10,961		1,426,718
SAP AG		82,940		4,102,671
Siemens AG (Registered)		62,097		6,554,738

				18,703,187

India (2.1%)
Infosys Technologies Ltd.		56,187		3,814,364
Wire and Wireless India Ltd.*		150,325		46,668
Zee Entertainment Enterprises Ltd.		179,911		1,201,942

				5,062,974

Italy (2.3%)
Bulgari S.p.A.		155,265		1,405,456
Lottomatica S.p.A.		35,743		547,687
Prysmian S.p.A.		61,092		1,116,001
Tod’s S.p.A.		23,753		2,255,032

				5,324,176

Japan (10.3%)
Dai-ichi Life Insurance Co., Ltd.		1,839		2,220,546
Fanuc Ltd.		12,000		1,528,031
HOYA Corp.		92,943		2,265,680
KDDI Corp.		460		2,201,366
Keyence Corp.		8,670		1,886,047
Kyocera Corp.		14,320		1,353,436
Mitsubishi Tanabe Pharma Corp.		72,000		1,172,976
Murata Manufacturing Co., Ltd.		47,620		2,509,918
Nidec Corp.		15,860		1,409,693
Nintendo Co., Ltd.		5,540		1,384,336
Secom Co., Ltd.		36,986		1,670,307
Sony Corp.		115,650		3,575,619
Sumitomo Mitsui Financial Group, Inc.		41,800		1,217,748

				24,395,703

Mexico (3.2%)
America Movil S.A.B. de C.V. (ADR)		10,820		577,031
Fomento Economico Mexicano S.A.B. de C.V.		603,173		3,067,642
Grupo Modelo S.A.B. de C.V., Series C		315,130		1,742,991
Grupo Televisa S.A. (ADR)		120,370	$	2,277,400

				7,665,064

Netherlands (3.5%)
European Aeronautic Defence and Space Co. N.V.*		126,860		3,163,972
Koninklijke Philips Electronics N.V.		105,773		3,324,417
TNT N.V.		66,332		1,782,318

				8,270,707

South Korea (0.1%)
Shinsegae Co., Ltd.		487		256,687

Spain (2.6%)
Banco Bilbao Vizcaya Argentaria S.A.		200,943		2,713,332
Inditex S.A.		42,772		3,397,661

				6,110,993

Sweden (6.8%)
Assa Abloy AB, Class B		140,828		3,551,857
Investor AB, Class B		134,849		2,738,853
Telefonaktiebolaget LM Ericsson, Class B		898,116		9,860,109

				16,150,819

Switzerland (7.1%)
Basilea Pharmaceutica AG (Registered)*		1,662		103,595
Credit Suisse Group AG (Registered)		132,585		5,666,890
Nestle S.A. (Registered)		47,124		2,510,499
Roche Holding AG		18,300		2,499,221
Transocean Ltd.*		42,813		2,752,448
UBS AG (Registered)*		194,858		3,307,619

				16,840,272

Taiwan (1.9%)
MediaTek, Inc.		145,016		2,037,739
Taiwan Semiconductor Manufacturing Co., Ltd.		1,185,709		2,353,087

				4,390,826

United Kingdom (6.1%)
3i Group plc		238,592		1,073,814
HSBC Holdings plc		329,000		3,379,534
Prudential plc		255,590		2,555,588
Tesco plc		311,925		2,077,612
Unilever plc		101,307		2,929,826
Vodafone Group plc		978,330		2,414,405

				14,430,779

United States (35.9%)
3M Co.		39,740		3,445,855
Adobe Systems, Inc.*		96,670		2,527,921
Aetna, Inc.		92,350		2,919,183
Aflac, Inc.		50,440		2,608,252
Altera Corp.		146,780		4,426,885
Amylin Pharmaceuticals, Inc.*		74,690		1,557,286
Automatic Data Processing, Inc.		62,530		2,628,136
Carnival Corp.		101,980		3,896,656
Colgate-Palmolive Co.		42,860		3,294,220
Corning, Inc.		148,020		2,705,806
Dendreon Corp.*		20,920		861,486
eBay, Inc.*		224,940		5,488,536
Emerson Electric Co.		39,690		2,090,075
Fidelity National Financial, Inc., Class A		87,260		1,370,855
Gilead Sciences, Inc.*		21,370		760,986
Goldman Sachs Group, Inc.		16,090		2,326,292
Intuit, Inc.*		105,940		4,641,231
Juniper Networks, Inc.*		152,440		4,626,554
Lockheed Martin Corp.		16,170		1,152,598

See Notes to Portfolio of Investments.

418

EQ ADVISORS TRUST

EQ/OPPENHEIMER GLOBAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Maxim Integrated Products, Inc.		126,900	$	2,348,919
McDonald’s Corp.		51,100		3,807,461
Microsoft Corp.		160,270		3,925,012
Raytheon Co.		23,050		1,053,615
Regeneron Pharmaceuticals, Inc.*		16,600		454,840
Shuffle Master, Inc.*		54,170		455,570
SLM Corp.*		201,040		2,322,012
Theravance, Inc.*		52,560		1,056,456
Tiffany & Co.		77,210		3,628,098
Wal-Mart Stores, Inc.		59,660		3,193,003
Walt Disney Co.		109,290		3,618,592
WellPoint, Inc.*		54,370		3,079,517
Zimmer Holdings, Inc.*		48,230		2,523,876

				84,795,784

Total Common Stocks (98.5%) (Cost $219,701,495)				232,970,874


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (2.8%)
JPMorgan Chase Nassau
0.000%, 10/1/10	$	6,599,378	$	6,599,378

(Amortized Cost $6,599,378)
Total Investments (101.3%) (Cost/Amortized Cost $226,300,873)				239,570,252
Other Assets Less Liabilities (-1.3%)				(3,051,691	)

Net Assets (100%)			$	236,518,561

*	Non-income producing.

Glossary:

ADR — American Depositary Receipt

Market Sector Diversification

As a Percentage of Total Net Assets


Consumer Discretionary	15.9	%
Consumer Staples	9.0
Energy	3.7
Financials	17.2
Health Care	7.1
Industrials	14.4
Information Technology
Communications Equipment	6.2	%
Electronic Equipment, Instruments & Components	4.6
Internet Software & Services	2.3
IT Services	2.7
Semiconductors & Semiconductor Equipment	4.8
Software	7.1
Total Information Technology	27 .7
Materials	0 .6
Telecommunication Services	2 .1
Utilities	0 .8
Cash and Other	1 .5

	100.0	%

See Notes to Portfolio of Investments.

419

EQ ADVISORS TRUST

EQ/OPPENHEIMER GLOBAL PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	17,683,777	$	20,136,093	$	—	$	37,819,870
Consumer Staples		13,596,451		7,774,624		—		21,371,075
Energy		2,752,448		5,867,932		—		8,620,380
Financials		10,961,493		29,786,168		—		40,747,661
Health Care		13,213,630		3,775,792		—		16,989,422
Industrials		9,964,796		24,101,334		—		34,066,130
Information Technology		33,319,000		31,567,387		—		64,886,387
Materials		—		1,426,718		—		1,426,718
Telecommunication Services		577,031		4,615,771		—		5,192,802
Utilities		—		1,850,429		—		1,850,429
Short-Term Investments		—		6,599,378		—		6,599,378

Total Assets	$	102,068,626	$	137,501,626	$	—	$	239,570,252

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	102,068,626	$	137,501,626	$	—	$	239,570,252

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	73,491,408
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	38,647,381

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	21,622,219
Aggregate gross unrealized depreciation		(14,028,392	)

Net unrealized appreciation	$	7,593,827

Federal income tax cost of investments	$	231,976,425

See Notes to Portfolio of Investments.

420

EQ ADVISORS TRUST

EQ/PIMCO ULTRA SHORT BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
LONG-TERM DEBT SECURITIES:
Asset-Backed and Mortgage-Backed Securities (11.0%)
*Asset-Backed Securities (7.9%)*
Access Group, Inc., Series 2008-1 A
1.798%, 10/27/25(l)	$	18,654,255	$	19,355,274
American Express Credit Account Master Trust, Series 2009-1 A
1.607%, 12/15/14(l)		2,000,000		2,037,880
AmeriCredit Automobile Receivables Trust, Series 2008-1 A2
4.258%, 6/6/12(l)		3,001,507		3,015,384
Series 2010-3 A1
0.311%, 10/11/11		5,000,000		5,000,977
Arkansas Student Loan Authority,
1.180%, 11/25/43		4,450,000		4,416,002
Bank One Issuance Trust, Series 2004-A5 A5
0.387%, 3/15/14(l)		2,000,000		1,999,686
BMW Vehicle Lease Trust, Series 2010-1 A1
0.298%, 10/17/11		15,000,000		15,000,000
BMW Vehicle Owner Trust, Series 2010-A A1
0.279%, 4/25/11		1,401,583		1,401,485
Capital Auto Receivables Asset Trust, Series 2008-2 A3B
1.707%, 10/15/12(l)		3,911,150		3,935,736
CarMax Auto Owner Trust, Series 2010-1 A1
0.274%, 2/15/11		418,876		418,879
Chase Issuance Trust, Series 2006-A4 A4
0.277%, 10/15/13(l)		2,175,000		2,172,349
Series 2007-A1 A1
0.277%, 3/15/13(l)		15,441,000		15,436,499
Series 2009-A2 A2
1.807%, 4/15/14(l)		21,800,000		22,255,278
Chrysler Financial Auto Securitization Trust, Series 2010-A A1
0.336%, 10/11/11(b)§		10,000,000		10,000,278
Citigroup Mortgage Loan Trust, Inc., Series 2007-AMC2 A3A
0.336%, 1/25/37(l)		270,952		185,151
Daimler Chrysler Auto Trust, Series 2008-B A3B
1.738%, 9/10/12(l)		413,126		414,678
EFS Volunteer LLC, Series 2010-1 A1
1.389%, 10/26/26(l)§		2,300,000		2,301,112
Ford Credit Auto Owner Trust, Series 2008-C A3
1.677%, 6/15/12(l)		11,706,758		11,751,021
Series 2009-A A3B
2.757%, 5/15/13(l)		19,806,099		20,076,952
Series 2010-A A1
0.384%, 5/15/11§		3,289,837		3,289,870
GSAA Home Equity Trust, Series 2007-6 A4
0.556%, 5/25/47(l)		700,000		283,546
Mercedes-Benz Auto Receivables Trust, Series 2010-1 A1
0.309%, 5/13/11		249,945		249,884
Nelnet Education Loan Funding, Inc., Series 2004-2A A4
0.458%, 8/26/19(l)	$	2,500,000	$	2,458,520
Nelnet Student Loan Trust, Series 2008-4 A2
1.198%, 7/25/18(l)		2,650,000		2,668,419
Nissan Auto Receivables Owner Trust, Series 2010-A A1
0.356%, 10/17/11		13,900,000		13,909,863
SLM Student Loan Trust, Series 2004-9 A4
0.628%, 4/25/17(l)		2,003,087		2,001,394
Series 2005-10 A3
0.548%, 10/25/16(l)		1,368,872		1,368,482
Series 2005-6 A4
0.588%, 4/25/22(l)		4,141,795		4,129,117
Series 2006-3 A3
0.538%, 4/25/17(l)		158,262		158,205
Series 2006-8 A2
0.498%, 10/25/16(l)		296,848		296,680
Series 2006-9 A2
0.498%, 4/25/17(l)		255,555		255,483
Series 2007-3 A3
0.538%, 4/25/19(l)		8,700,000		8,422,215
Series 2007-6 A1
0.668%, 4/27/15(l)		1,787,520		1,786,303
Series 2008-2 A2
0.948%, 1/25/17(l)		7,700,000		7,723,274
Series 2008-9 A
1.998%, 4/25/23(l)		20,319,549		21,259,728
Volvo Financial Equipment LLC, Series 2010-1A A1
0.510%, 5/16/11§		2,161,885		2,162,663

				213,598,267

*Non-Agency CMO (3.1%)*
American Home Mortgage Assets, Series 2006-1 2A1
0.446%, 5/25/46(l)		9,575,735		4,978,425
Banc of America Commercial Mortgage, Inc., Series 2007-3 A4
5.837%, 6/10/49(l)		1,400,000		1,436,933
Series 2007-4 A4
5.934%, 2/10/51(l)		1,400,000		1,502,228
Banc of America Mortgage Securities, Inc., Series 2004-1 5A1
6.500%, 9/25/33		27,464		28,453
BCAP LLC Trust, Series 2006-AA2 A1
0.426%, 1/25/37(l)		1,308,400		718,590
BCRR Trust, Series 2010-LEAF 10A
4.230%, 2/22/34(b)§		40,000		40,275
Series 2010-LEAF 11A
4.230%, 12/22/35(b)§		220,000		227,459
Series 2010-LEAF 12A
4.230%, 3/22/33(b)§		70,000		70,350
Series 2010-LEAF 13A
4.230%, 1/22/33(b)§		700,000		702,406
Series 2010-LEAF 14A
4.230%, 1/22/33(b)§		300,000		302,109
Series 2010-LEAF 15A
4.230%, 5/22/33(b)§		600,000		605,906
Series 2010-LEAF 16A
4.230%, 8/22/33(b)§		400,000		410,750

See Notes to Portfolio of Investments.

421

EQ ADVISORS TRUST

EQ/PIMCO ULTRA SHORT BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Series 2010-LEAF 17A
4.230%, 8/22/33(b)§	$	70,000	$	71,936
Series 2010-LEAF 18A
4.230%, 8/22/33(b)§		1,371,383		1,397,953
Series 2010-LEAF 19A
4.230%, 6/22/38(b)§		200,000		206,000
Series 2010-LEAF 1A
4.230%, 2/22/41(b)§		34,480		34,754
Series 2010-LEAF 20A
4.230%, 12/22/35(b)§		399,062		414,464
Series 2010-LEAF 21A
4.230%, 9/22/35(b)§		2,955		2,958
Series 2010-LEAF 22A
4.230%, 9/22/35(b)§		150,000		150,539
Series 2010-LEAF 23A
4.230%, 4/22/34(b)§		199,575		202,881
Series 2010-LEAF 24A
4.230%, 4/22/35(b)§		181,765		184,662
Series 2010-LEAF 25A
4.230%, 5/22/34(b)§		650,000		675,391
Series 2010-LEAF 26A
4.230%, 5/22/34(b)§		470,000		492,472
Series 2010-LEAF 27A
4.230%, 7/22/16(b)§		260,000		264,591
Series 2010-LEAF 2A
4.230%, 2/22/41(b)§		145,000		152,952
Series 2010-LEAF 30A
4.230%, 7/22/32(b)§		54,056		54,064
Series 2010-LEAF 31A
4.230%, 12/22/26(b)§		298,133		298,413
Series 2010-LEAF 32A
4.230%, 12/22/32(b)§		220,000		221,375
Series 2010-LEAF 33A
4.230%, 9/22/34(b)§		400,000		406,313
Series 2010-LEAF 34A
4.230%, 12/22/28(b)§		200,000		203,531
Series 2010-LEAF 35A
4.230%, 11/22/33(b)§		1,470,000		1,511,803
Series 2010-LEAF 36A
4.230%, 3/22/31(b)§		299,213		310,246
Series 2010-LEAF 37A
4.230%, 3/22/34(b)§		80,000		83,325
Series 2010-LEAF 39A
4.230%, 3/22/34(b)§		374,520		378,265
Series 2010-LEAF 3A
4.230%, 2/22/41(b)§		110,000		114,486
Series 2010-LEAF 40A
4.230%, 12/22/33(b)§		170,000		170,292
Series 2010-LEAF 41A
4.230%, 12/22/35(b)§		200,000		203,344
Series 2010-LEAF 43A
4.230%, 11/22/36(b)§		390,000		402,675
Series 2010-LEAF 44A
4.230%, 4/22/34(b)§		260,000		270,806
Series 2010-LEAF 4A
4.230%, 4/22/36(b)§		340,000		345,047
Series 2010-LEAF 5A
4.230%, 5/22/35(b)§		350,000		359,188
Series 2010-LEAF 6A
4.230%, 6/22/35(b)§		249,424		258,076
Series 2010-LEAF 8A
4.230%, 10/22/32(b)§		320,000		320,050
Series 2010-LEAF 9A
4.230%, 2/22/34(b)§		35,000		35,017
Bear Stearns Adjustable Rate Mortgage Trust, Series 2002-11 1A2
3.399%, 2/25/33(l)	$	17,875	$	16,218
Series 2003-3 3A2
2.764%, 5/25/33(l)		137,519		134,333
Series 2003-8 2A1
3.550%, 1/25/34(l)		9,711		9,334
Series 2003-8 4A1
3.349%, 1/25/34(l)		29,747		27,494
Series 2004-10 21A1
3.458%, 1/25/35(l)		3,861,506		3,556,959
Series 2005-2 A1
2.760%, 3/25/35(l)		179,378		163,604
Series 2005-2 A2
2.934%, 3/25/35(l)		56,831		50,816
Series 2005-5 A1
2.300%, 8/25/35(l)		58,533		54,794
Series 2005-5 A2
2.560%, 8/25/35(l)		1,016,556		916,674
Series 2007-3 1A1
5.347%, 5/25/47(l)		10,601,896		7,935,780
Bear Stearns Alt-A Trust, Series 2005-7 22A1
2.984%, 9/25/35(l)		2,843,896		2,129,024
Bear Stearns Commercial Mortgage Securities, Inc., Series 1998-C1 A2
6.440%, 6/16/30		184		184
Chevy Chase Mortgage Funding Corp., Series 2007-2A A1
0.386%, 5/25/48(l)§		1,810,875		723,570
Citigroup Mortgage Loan Trust, Inc., Series 2005-11 A1A
2.650%, 12/25/35(l)		76,670		69,320
Series 2005-11 A2A
2.650%, 12/25/35(l)		1,052,248		999,491
Series 2005-12 2A1
1.056%, 8/25/35(l)§		907,506		639,018
Series 2005-6 A1
2.510%, 8/25/35(l)		81,064		74,490
Series 2005-6 A2
2.560%, 8/25/35(l)		367,514		327,835
Series 2005-6 A3
2.210%, 8/25/35(l)		50,616		46,951
Citigroup/Deutsche Bank Commercial Mortgage Trust, Series 2006-CD3 A5
5.617%, 10/15/48		4,000,000		4,352,940
Commercial Mortgage Pass Through Certificates, Series 2005-LP5 A2
4.630%, 5/10/43		1,374,419		1,408,348
Countrywide Alternative Loan Trust, Series 2003-J1 4A1
6.000%, 10/25/32		1,831		1,820
Series 2005-61 2A1
0.536%, 12/25/35(l)		33,302		22,546
Series 2005-62 2A1
1.370%, 12/25/35(l)		328,535		192,127
Series 2006-OA22 A1
0.416%, 2/25/47(l)		886,208		523,785
Series 2007-OA7 A1A
0.436%, 5/25/47(l)		206,584		116,797
Countrywide Home Loan Mortgage Pass Through Trust, Series 2002-30 M
3.313%, 10/19/32(l)		7,202		5,017

See Notes to Portfolio of Investments.

422

EQ ADVISORS TRUST

EQ/PIMCO ULTRA SHORT BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Series 2003-HYB3 7A1
2.971%, 11/19/33(l)	$	56,119	$	53,489
Series 2004-12 11A1
2.985%, 8/25/34(l)		702,348		554,501
Series 2005-25 A11
5.500%, 11/25/35		1,131,860		1,008,468
Series 2005-3 1A2
0.546%, 4/25/35(l)		380,197		226,179
Series 2005-R2 1AF1
0.596%, 6/25/35(l)§		150,063		132,409
CS First Boston Mortgage Securities Corp., Series 2002-P1A A
0.962%, 3/25/32(l)§		1,659		1,374
Deutsche Alt-A Securities, Inc., Series 2003-3 3A1
5.000%, 10/25/18		803,195		813,597
Series 2005-AR2 7A1
5.386%, 10/25/35(l)		418,013		348,238
Series 2006-AB4 A1B1
0.356%, 10/25/36(l)		5,351		2,241
Series 2007-1 1A1
0.346%, 8/25/37(l)		223,561		218,256
First Horizon Alternative Mortgage Securities Trust, Series 2004-AA1 A1
2.285%, 6/25/34(l)		235,288		194,874
First Horizon Mortgage Pass-Through Trust, Series 2005-AR3 2A1
2.923%, 8/25/35(l)		464,993		420,892
GMAC Commercial Mortgage Securities, Inc., Series 2006-C1 A4
5.238%, 11/10/45(l)		5,900,000		6,365,085
Greenpoint Mortgage Funding Trust, Series 2005-AR5 1A1
0.526%, 11/25/45(l)		54,863		35,330
Series 2006-AR6 A1A
0.336%, 10/25/46(l)		38,029		35,641
GS Mortgage Securities Corp. II, Series 2007-EOP A1
0.348%, 3/6/20(l)§		726,029		704,905
GSR Mortgage Loan Trust, Series 2005-AR6 2A1
2.923%, 9/25/35(l)		270,082		250,855
Harborview Mortgage Loan Trust, Series 2005-2 2A1A
0.477%, 5/19/35(l)		43,774		27,202
Series 2006-1 2A1A
0.497%, 3/19/36(l)		327,009		189,852
Indymac Index Mortgage Loan Trust, Series 2004-AR11 2A
2.767%, 12/25/34(l)		285,601		224,776
JPMorgan Chase Commercial Mortgage Securities Corp., Series 2007-CB20 A4
5.794%, 2/12/51(l)		1,900,000		2,015,657
MASTR Adjustable Rate Mortgages Trust, Series 2004-13 3A7
2.903%, 11/21/34(l)		200,000		174,738
Mellon Residential Funding Corp., Series 2000-TBC3 A1
0.697%, 12/15/30(l)		38,550		34,007
Series 2001-TBC1 A1
0.607%, 11/15/31(l)		153,011		147,309
Merrill Lynch Floating Trust,
Series 2006-1 A1
0.327%, 6/15/22(l)§		44,425		42,561
MLCC Mortgage Investors, Inc., Series 2005-2 1A
2.009%, 10/25/35(l)	$	2,209,030	$	1,973,135
Series 2005-2 2A
4.250%, 10/25/35(l)		2,085,644		1,808,928
Series 2005-2 3A
1.259%, 10/25/35(l)		333,154		261,760
Series 2005-3 4A
0.506%, 11/25/35(l)		252,552		195,531
Series 2005-3 5A
0.506%, 11/25/35(l)		303,702		242,223
Residential Accredit Loans, Inc., Series 2005-QO1 A1
0.556%, 8/25/35(l)		68,373		40,878
Securitized Asset Sales, Inc., Series 1993-6 A5
2.782%, 11/26/23(l)		3,776		3,428
Sequoia Mortgage Trust,
0.637%, 10/20/27(l)		19,425		17,569
Structured Adjustable Rate Mortgage Loan Trust, Series 2004-1 4A2
2.783%, 2/25/34(l)		182,703		164,194
Series 2004-19 2A1
1.753%, 1/25/35(l)		56,580		30,632
Series 2005-17 3A1
2.695%, 8/25/35(l)		258,924		205,513
Structured Asset Mortgage Investments, Inc., Series 2004-AR5 1A1
0.587%, 10/19/34(l)		113,120		98,588
Series 2005-AR5 A1
0.507%, 7/19/35(l)		219,358		146,793
Series 2005-AR5 A2
0.507%, 7/19/35(l)		462,957		384,371
Series 2006-AR4 2A1
0.446%, 6/25/36(l)		73,408		42,658
Series 2006-AR5 1A1
0.466%, 5/25/46(l)		2,442,288		1,334,235
Series 2007-AR3 1A1
0.356%, 9/25/47(l)		231,770		226,345
Structured Asset Securities Corp., Series 2006-11 A1
2.841%, 10/25/35(l)§		96,289		77,399
TBW Mortgage Backed Pass Through Certificates, Series 2006-6 A1
0.366%, 1/25/37(l)		8,800		8,721
Thornburg Mortgage Securities Trust, Series 2006-5 A1
0.376%, 10/25/46(l)		535,752		525,985
Series 2007-1 A3A
0.356%, 3/25/37(l)		3,095,430		2,962,854
Wachovia Bank Commercial Mortgage Trust, Series 2006-WL7A A1
0.347%, 9/15/21(l)§		2,351,899		2,157,868
Series 2007-WHL8 A1
0.337%, 6/15/20(l)§		1,866,234		1,639,849
WaMu Mortgage Pass-Through Certificates, Series 2002-AR17 1A
1.570%, 11/25/42(l)		13,494		11,025
Series 2002-AR2 A
3.003%, 2/27/34(l)		11,721		11,074
Series 2003-AR1 A5
2.384%, 3/25/33(l)		1,357,823		1,239,277
Series 2003-R1 A1
0.796%, 12/25/27(l)		340,535		307,676

See Notes to Portfolio of Investments.

423

EQ ADVISORS TRUST

EQ/PIMCO ULTRA SHORT BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Series 2003-R1 X
0.000%, 12/25/27 IO(l)§†	$	346,204	$	19,041
Series 2004-AR1 A
2.786%, 3/25/34(l)		3,232,919		2,932,350
Series 2005-AR13 A1A1
0.546%, 10/25/45(l)		310,056		249,136
Series 2005-AR15 A1A1
0.516%, 11/25/45(l)		70,773		56,779
Series 2006-AR15 2A
3.253%, 11/25/46(l)		67,494		48,238
Series 2006-AR3 A1A
1.370%, 2/25/46(l)		111,306		82,222
Series 2006-AR7 3A
3.253%, 7/25/46(l)		330,925		210,265
Wells Fargo Mortgage Backed Securities Trust, Series 2004-S A1
2.911%, 9/25/34(l)		127,142		126,291
Series 2007-10 1A22
0.756%, 7/25/37(l)		2,532,668		2,018,965

				81,805,254

Total Asset-Backed and Mortgage-Backed Securities				295,403,521

Corporate Bonds (30.6%)
Consumer Discretionary (1.5%)
*Automobiles* (*1.1%*)
Daimler Finance N.A. LLC
7.750%, 1/18/11	$	1,000,000		1,019,651
5.875%, 3/15/11		25,315,000		25,893,726
5.750%, 9/8/11		2,000,000		2,088,310

				29,001,687

*Media* (*0.4%*)
Comcast Corp.
5.450%, 11/15/10		2,100,000		2,111,462
COX Communications, Inc.
7.750%, 11/1/10		7,000,000		7,033,943
Time Warner Cable, Inc.
6.200%, 7/1/13		1,297,000		1,461,135
Time Warner, Inc.
6.875%, 5/1/12		1,500,000		1,635,282

				12,241,822

Total Consumer Discretionary				41,243,509

Consumer Staples (1.7%)
*Beverages* (*0.6%*)
Anheuser-Busch InBev Worldwide, Inc.
3.000%, 10/15/12		11,000,000		11,421,124
1.019%, 3/26/13(l)		3,300,000		3,322,753
2.500%, 3/26/13		1,500,000		1,538,963

				16,282,840

*Food Products* (*0.9%*)
Kraft Foods, Inc.
5.625%, 11/1/11		5,449,000		5,722,867
6.250%, 6/1/12		2,900,000		3,151,134
6.000%, 2/11/13		700,000		777,415
Wm. Wrigley Jr. Co.
1.664%, 6/28/11(l)§		14,100,000		14,106,021

				23,757,437

*Tobacco* (*0.2%*)
Altria Group, Inc.
8.500%, 11/10/13		1,300,000		1,556,681
Reynolds American, Inc.
0.992%, 6/15/11(l)	$	4,700,000	$	4,705,254

				6,261,935

Total Consumer Staples				46,302,212

Energy (1.0%)
*Oil, Gas & Consumable Fuels* (*1.0%*)
Anadarko Petroleum Corp.
5.750%, 6/15/14		4,400,000		4,750,403
ConocoPhillips
9.375%, 2/15/11		800,000		826,637
Kinder Morgan Energy Partners LP
7.500%, 11/1/10		500,000		501,923
5.850%, 9/15/12		3,370,000		3,638,741
5.000%, 12/15/13		800,000		873,278
Transcontinental Gas Pipe Line Corp. Series B
7.000%, 8/15/11		2,820,000		2,963,056
8.875%, 7/15/12		2,000,000		2,242,096
Williams Cos., Inc.
2.533%, 10/1/10(l)§		7,000,000		7,000,000
Williams Cos., Inc. Trust V
6.375%, 10/1/10§		5,140,000		5,140,000

Total Energy				27,936,134

Financials (22.4%)
*Capital Markets* (*3.3%*)
Goldman Sachs Group, Inc.
0.604%, 2/6/12(l)		6,500,000		6,458,757
5.300%, 2/14/12		13,500,000		14,198,166
Merrill Lynch & Co., Inc.
0.523%, 6/5/12(l)		18,500,000		18,220,928
6.050%, 8/15/12		3,895,000		4,180,546
Morgan Stanley
0.780%, 1/9/12(l)		22,600,000		22,464,830
5.625%, 1/9/12		1,600,000		1,684,950
0.570%, 4/19/12(l)		4,625,000		4,550,468
5.750%, 8/31/12		4,000,000		4,289,680
2.876%, 5/14/13(l)		7,300,000		7,439,372
0.830%, 1/9/14(l)		2,100,000		1,984,935
5.750%, 10/18/16		2,500,000		2,702,272

				88,174,904

*Commercial Banks* (*2.9%*)
American Express Bank FSB
0.407%, 6/12/12(l)		3,500,000		3,464,895
5.550%, 10/17/12		1,500,000		1,616,121
5.500%, 4/16/13		4,500,000		4,898,070
American Express Centurion Bank
5.550%, 10/17/12		1,800,000		1,939,345
Banco Bilbao Vizcaya Argentaria S.A./Puerto Rico
0.318%, 5/25/12(l)§		1,700,000		1,699,393
BB&T Corp.
3.850%, 7/27/12		8,000,000		8,383,872
First Tennessee Bank N.A.
0.516%, 2/14/11(l)		5,950,000		5,938,987
JPMorgan Chase Bank N.A.
0.623%, 6/13/16(l)		5,700,000		5,399,929
Regions Financial Corp.
0.459%, 6/26/12(l)		1,635,000		1,561,674
SunTrust Bank/Georgia
6.375%, 4/1/11		2,750,000		2,823,771
Union Planters Corp.
4.375%, 12/1/10		1,000,000		1,004,062
7.750%, 3/1/11		1,000,000		1,016,198

See Notes to Portfolio of Investments.

424

EQ ADVISORS TRUST

EQ/PIMCO ULTRA SHORT BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Wachovia Corp.
0.447%, 3/1/12(l)	$	3,600,000	$	3,588,671
0.636%, 4/23/12(l)		16,064,000		15,996,403
2.236%, 5/1/13(l)		8,100,000		8,335,556
Wells Fargo & Co.
4.375%, 1/31/13		8,936,000		9,536,624

				77,203,571

*Consumer Finance* (*3.3%*)
American Express Credit Corp.
0.376%, 2/24/12(l)		9,045,000		8,985,140
American Honda Finance Corp.
1.041%, 6/20/11(l)§		19,600,000		19,690,023
HSBC Finance Corp.
0.768%, 4/24/12(l)		12,400,000		12,298,419
7.000%, 5/15/12		328,000		354,686
5.900%, 6/19/12		2,500,000		2,657,047
0.875%, 7/19/12(l)		14,900,000		14,753,771
0.642%, 9/14/12(l)		12,850,000		12,639,029
0.776%, 1/15/14(l)		16,424,000		15,620,538
International Lease Finance Corp.
5.125%, 11/1/10		650,000		650,000
Nissan Motor Acceptance Corp.
3.250%, 1/30/13§		900,000		927,675

				88,576,328

*Diversified Financial Services* (*10.0%*)
American Express Travel Related Services Co., Inc.
0.459%, 6/1/11(l)		4,300,000		4,265,824
5.250%, 11/21/11§		2,000,000		2,082,950
BA Covered Bond Issuer
5.500%, 6/14/12§		8,800,000		9,292,888
Bank of America Corp.
1.018%, 12/2/11(l)		6,000,000		6,052,734
6.250%, 4/15/12		20,000,000		21,326,800
4.875%, 9/15/12		800,000		844,834
Citigroup, Inc.		38,600,000		38,871,513
2.384%, 8/13/13(l)
6.500%, 8/19/13		900,000		994,383
6.000%, 12/13/13		23,600,000		25,874,662
Crown Castle Towers LLC
3.214%, 8/15/15§		10,900,000		11,026,691
General Electric Capital Corp.
0.361%, 3/15/12(l)		10,000,000		9,874,000
0.596%, 11/1/12(l)		7,000,000		6,904,982
0.543%, 12/7/12(l)		13,600,000		13,691,324
0.292%, 12/21/12(l)		40,000,000		40,017,560
1.239%, 5/22/13(l)		10,800,000		10,770,764
1.121%, 12/20/13(l)		5,000,000		4,895,700
6.375%, 11/15/67(l)		10,600,000		10,573,500
JPMorgan Chase & Co.		22,000,000		22,233,420
0.670%, 6/22/12(l)
0.539%, 12/26/12(l)		25,000,000		25,160,375
Teco Finance, Inc.
7.000%, 5/1/12		3,545,000		3,845,970

				268,600,874

*Insurance* (*2.1%*)
American International Group, Inc.
5.375%, 10/18/11		1,000,000		1,032,500
MetLife Institutional Funding II
0.689%, 3/27/12(l)§		12,500,000		12,490,787
MetLife, Inc.
5.375%, 12/15/12		140,000		150,532
Metropolitan Life Global Funding I
0.927%, 7/13/11(l)§		1,500,000		1,502,529
5.125%, 11/9/11§		1,050,000		1,090,781
0.604%, 8/13/12(l)§	$	1,930,000	$	1,931,749
2.875%, 9/17/12§		500,000		515,660
5.125%, 4/10/13§		2,200,000		2,394,469
5.200%, 9/18/13§		230,000		253,063
Monumental Global Funding II
5.650%, 7/14/11§		1,500,000		1,537,718
Monumental Global Funding III
0.668%, 1/25/13(l)§		5,000,000		4,844,095
0.726%, 1/15/14(l)§		2,500,000		2,393,037
New York Life Global Funding
0.417%, 6/16/11(l)§		4,750,000		4,755,462
Pacific Life Global Funding
5.150%, 4/15/13§		1,200,000		1,295,928
Pricoa Global Funding I
0.575%, 1/30/12(l)§		9,800,000		9,730,743
4.625%, 6/25/12§		3,400,000		3,556,329
0.419%, 6/26/12(l)§		2,000,000		1,982,190
5.400%, 10/18/12§		5,300,000		5,686,026

				57,143,598

*Real Estate Investment Trusts (REITs)* (*0.2%*)
Boston Properties LP
6.250%, 1/15/13		2,750,000		3,026,089
ERP Operating LP
5.500%, 10/1/12		3,100,000		3,330,640

				6,356,729

*Thrifts & Mortgage Finance* (*0.6%*)
Countrywide Financial Corp.
0.858%, 5/7/12(l)		3,100,000		3,073,768
5.800%, 6/7/12		110,000		116,852
Western Corporate Federal Credit Union
1.750%, 11/2/12		14,000,000		14,316,036

				17,506,656

Total Financials				603,562,660

Health Care (0.3%)
*Biotechnology* (*0.1%*)
Amgen, Inc. Series A
0.125%, 2/1/11		2,100,000		2,092,125

*Health Care Equipment & Supplies* (*0.2%*)
Boston Scientific Corp.
4.250%, 1/12/11		2,900,000		2,920,410
Medtronic, Inc.
1.500%, 4/15/11(b)§		1,850,000		1,852,313

				4,772,723

Total Health Care				6,864,848

Industrials (0.7%)
*Airlines* (*0.3%*)
Southwest Airlines Co.
10.500%, 12/15/11§		7,900,000		8,663,456

*Commercial Services & Supplies* (*0.4%*)
Waste Management, Inc.
7.650%, 3/15/11		3,000,000		3,084,756
6.375%, 11/15/12		6,670,000		7,318,484

				10,403,240

Total Industrials				19,066,696

See Notes to Portfolio of Investments.

425

EQ ADVISORS TRUST

EQ/PIMCO ULTRA SHORT BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Information Technology (0.5%)
*Office Electronics* (*0.5%*)
Xerox Corp.
6.875%, 8/15/11	$	13,057,000	$	13,705,424

Total Information Technology				13,705,424

Materials (0.4%)
*Chemicals* (*0.2%*)
Dow Chemical Co.
6.125%, 2/1/11		5,125,000		5,202,510
4.850%, 8/15/12		1,000,000		1,058,345

				6,260,855

*Metals & Mining* (*0.2%*)
Freeport-McMoRan Copper & Gold, Inc.
8.250%, 4/1/15		3,500,000		3,745,000

Total Materials				10,005,855

Telecommunication Services (1.2%)
*Diversified Telecommunication Services* (*0.2%*)
BellSouth Corp.
4.295%, 4/26/11§		4,000,000		4,080,304
Qwest Corp.
7.875%, 9/1/11		2,085,000		2,207,494

				6,287,798

*Wireless Telecommunication Services* (*1.0%*)
Cellco Partnership/Verizon Wireless Capital LLC
3.750%, 5/20/11		24,920,000		25,414,363

Total Telecommunication Services				31,702,161

Utilities (0.9%)
*Electric Utilities* (*0.4%*)
Appalachian Power Co.
5.550%, 4/1/11		2,300,000		2,350,747
FPL Group Capital, Inc.
1.172%, 6/17/11(l)		1,350,000		1,354,995
Nevada Power Co. Series L
5.875%, 1/15/15		150,000		172,006
PSEG Power LLC
6.950%, 6/1/12		1,501,000		1,644,269
Southern Co.
2.375%, 9/15/15		3,600,000		3,633,221

				9,155,238

*Gas Utilities* (*0.4%*)
DCP Midstream Operating LP
3.250%, 10/1/15		3,300,000		3,313,490
NGPL Pipeco LLC
6.514%, 12/15/12§		7,850,000		8,347,988

				11,661,478

*Multi-Utilities* (*0.1%*)
Dominion Resources, Inc.
4.750%, 12/15/10		2,500,000		2,520,355

Total Utilities				23,337,071

Total Corporate Bonds				823,726,570

Government Securities (40.5%)
*Agency ABS (34.6%)*
Federal Farm Credit Bank
0.258%, 10/7/11(l)	$	1,000,000		1,000,286
0.320%, 2/13/12(l)		28,697,000		28,646,809
0.189%, 8/28/12(l)		38,360,000		38,319,377
0.359%, 10/1/12(l)	$	7,700,000	$	7,707,607
0.297%, 1/15/13(l)		30,000,000		29,985,210
Federal Home Loan Bank
0.180%, 5/26/11(l)		30,000,000		29,989,800
0.250%, 5/27/11(l)		1,300,000		1,298,944
0.162%, 7/20/11(l)		20,000,000		19,990,220
0.161%, 8/25/11(l)		18,000,000		17,984,556
0.176%, 8/26/11(l)		4,800,000		4,797,955
0.178%, 9/9/11(l)		26,500,000		26,487,943
0.226%, 9/26/11(l)		25,000,000		24,999,900
0.308%, 11/8/11(l)		100,000,000		99,937,100
0.324%, 2/3/12(l)		57,000,000		56,933,766
Federal Home Loan Mortgage Corp.
0.217%, 9/19/11(l)		50,000,000		49,995,200
0.226%, 9/26/11(l)		50,000,000		49,999,800
0.180%, 11/9/11(l)		50,000,000		49,939,450
0.190%, 1/13/12(l)		30,500,000		30,454,067
0.178%, 2/2/12(l)		31,702,000		31,669,569
0.217%, 2/10/12(l)		55,000,000		54,970,905
0.237%, 5/11/12(l)		20,000,000		19,987,600
3.000%, 5/26/15		5,000,000		5,018,025
3.800%, 3/9/16		10,850,000		10,998,623
Federal National Mortgage Association
0.276%, 8/23/12(l)		100,729,000		100,688,003
0.287%, 9/17/12(l)		64,249,000		64,227,541
1.625%, 10/26/15		9,200,000		9,196,348
4.100%, 12/17/18		40,000,000		40,282,320
Small Business Administration
Series 2008-P10A
5.902%, 2/10/18		755,937		848,398
Small Business Administration Participation Certificates
Series 2003-20I
5.130%, 9/1/23		24,553		26,653
Series 2004-20C
4.340%, 3/1/24		155,558		166,007
Series 2005-20B
4.625%, 2/1/25		177,167		191,093
Series 2008-20G
5.870%, 7/1/28		11,551,902		13,128,867
Series 2008-20H
6.020%, 8/1/28		11,150,527		12,810,992

				932,678,934

*Agency CMO (0.8%)*
Federal Home Loan Mortgage Corp.
4.500%, 5/15/17		38,372		39,502
5.000%, 1/15/18		67,137		68,710
0.487%, 2/15/19(l)		4,814,426		4,814,952
0.407%, 7/15/19(l)		2,309,027		2,312,434
5.000%, 2/15/20		562,701		580,945
5.000%, 8/15/20		281,615		297,270
0.407%, 10/15/20(l)		2,288,148		2,287,214
6.500%, 4/15/29		35,792		39,528
0.607%, 12/15/29(l)		4,545		4,536
0.607%, 12/15/30(l)		30,749		30,779
6.500%, 7/25/43		13,055		14,056
1.586%, 10/25/44(l)		1,196,879		1,211,924
1.586%, 2/25/45(l)		1,519,739		1,468,660
Federal National Mortgage Association
2.709%, 5/25/35(l)		528,517		528,988
0.316%, 12/25/36(l)		93,294		89,918
0.456%, 10/27/37(l)		6,700,000		6,688,000
0.606%, 5/25/42(l)		99,224		93,311

See Notes to Portfolio of Investments.

426

EQ ADVISORS TRUST

EQ/PIMCO ULTRA SHORT BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount			Value (Note 1)
5.950%, 2/25/44	$	124,741		$	127,683

					20,698,410

*Municipal Bonds (0.5%)*
Dallas, Texas Area Rapid Transit
6.249%, 12/1/34		700,000			749,399
New Jersey Economic Development Authority
1.292%, 12/15/10(l)		7,000,000			6,965,630
State of Texas
4.750%, 4/1/37		300,000			312,072
Texas State Transportation Commission
5.028%, 4/1/26		5,100,000			5,550,381
Tobacco Settlement Finance Authority of West Virginia
7.467%, 6/1/47		1,330,000			1,029,926

					14,607,408

*Supranational (0.4%)*
International Bank for Reconstruction & Development
0.468%, 3/4/11(l)		10,000,000			10,011,880

*U.S. Government Agencies (3.5%)*
Federal Home Loan Mortgage Corp.
5.000%, 7/15/14		36,400,000			41,501,824
2.990%, 11/1/23(l)		5,808			6,057
2.631%, 1/1/34(l)		49,584			52,070
4.959%, 3/1/35(l)		431,218			454,108
4.826%, 10/1/35(l)		244,924			261,609
5.089%, 10/1/35(l)		282,787			302,051
4.783%, 11/1/35(l)		273,991			292,656
6.627%, 7/1/36(l)		2,216,876			2,325,470
6.320%, 9/1/36(l)		1,858,645			1,953,453
6.481%, 10/1/36(l)		2,559,978			2,699,195
Federal National Mortgage Association
5.250%, 8/1/12		6,000,000			6,472,752
3.000%, 7/28/14		5,000,000			5,090,960
2.753%, 11/1/34(l)		317,258			334,833
2.625%, 1/1/35(l)		45,364			47,088
2.545%, 7/1/35(l)		267,461			279,121
5.585%, 12/1/35(l)		517,003			550,453
5.529%, 1/1/36(l)		472,371			503,328
5.664%, 3/1/36(l)		745,821			796,630
5.717%, 3/1/36(l)		802,478			857,147
1.588%, 3/1/44(l)		544,691			543,003
1.586%, 7/1/44(l)		13,146			13,100
1.586%, 10/1/44(l)		65,904			65,676
4.500%, 10/25/40 TBA		28,100,000			29,267,906
Small Business Administration
Series P10A
4.504%, 2/1/14		29,956			31,512

					94,702,002

*U.S. Treasuries (0.7%)*
U.S. Treasury Notes
3.375%, 11/15/19		16,400,000			17,667,162
3.500%, 5/15/20		2,600,000			2,822,222

					20,489,384

Total Government Securities					1,093,188,018

Total Long-Term Debt Securities (82.1%) (Cost $2,200,231,980)					2,212,318,109


	Number of Shares			Value (Note 1)
CONVERTIBLE PREFERRED STOCK:
Financials (0.0%)
*Commercial Banks* (*0.0%*)
Wells Fargo & Co.
7.500%		1,100		$	1,106,600

Total Convertible Preferred Stocks (0.0%) (Cost $1,100,000)					1,106,600

COMMON STOCK:
Financials (0.0%)
*Capital Markets* (*0.0%*)
BlackRock, Inc.
(Cost $790)		4		$	681


	Principal Amount			Value (Note 1)
SHORT-TERM INVESTMENTS:
Government Securities (19.1%)
U.S. Treasury Bills
0.10%, 10/7/10 (p)	$	120,805,000			120,802,705
0.10%, 10/14/10 (p)		2,200,000			2,199,914
0.12%, 10/21/10 (a)(p)		253,400,000			253,381,755
0.12%, 11/18/10 (p)		138,900,000			138,876,526

Total Government Securities					515,260,900

Time Deposit (0.0%)
JPMorgan Chase Nassau
0.000%, 10/1/10		664,965			664,965

Total Short-Term Investments (19.1%) (Cost/Amortized Cost $515,927,438)					515,925,865

Total Investments Before Options Written and Securities Sold Short (101.2%) (Cost/Amortized Cost $2,717,260,208)					2,729,351,255


	Number of Contracts			Value (Note 1)
OPTION WRITTEN:
Call Option Written (0.0%)
90 Day Eurodollar Future
December 2010 @ $99.50*		(72	)		(31,050	)

					(31,050	)

Put Option Written (0.0%)
90 Day Eurodollar Future
December 2010 @ $99.50*		(72	)		(5,850	)

					(5,850	)

Total Options Written (0.0%) (Premiums Received $39,355)					(36,900	)

Total Investments Before Securities Sold Short (101.2%) (Cost/Amortized Cost $2,717,220,853)					2,729,314,355

	Number of Shares			Value (Note 1)
SECURITIES SOLD SHORT:
COMMON STOCK:
Financials (0.0%)
*Capital Markets* (*0.0%*)
Teton Advisors, Inc., Class B*†		(31	)		(209	)

See Notes to Portfolio of Investments.

427

EQ ADVISORS TRUST

EQ/PIMCO ULTRA SHORT BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares	Value (Note 1)
Total Securities Sold Short (0.0%)
(Proceeds Received $—)		$	(209	)

Total Investments after Options Written and Securities Sold Short (101.2%)
(Cost/Amortized Cost $2,717,220,853)			2,729,314,146
Other Assets Less Liabilities (-1.2%)			(32,950,058	)

Net Assets (100%)		$	2,696,364,088

*	Non-income producing.

†	Securities (totaling $18,832 or 0.0% of net assets) at fair value by management.

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2010, the market value of these securities amounted to $186,319,309 or 6.9% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied upon when determining liquidity.

(a)

Fully or partially pledged as collateral on outstanding written call options.

(b)

Illiquid Security.

(l)

Floating Rate Security. Rate disclosed is as of September 30, 2010.

(p)

Yield to maturity.

Glossary:

ABS — Asset-Backed Security

CMO — Collateralized Mortgage Obligation

IO — Interest Only

TBA — Security is subject to delayed delivery.

At September 30, 2010, the Portfolio had outstanding foreign currency contracts to buy/sell foreign currencies as follows: (Note 1)


	Counterparty	Local Contract Buy Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Buy Contracts
Philippine Peso vs. U.S. Dollar, expiring 12/24/10	Lehman Brothers		12,100	$	273,333	$	270,331	$	3,002
Singapore Dollar vs. U.S. Dollar, expiring 12/24/10	Lehman Brothers		4,577		3,479,912		3,316,912		163,000

									$166,002


	Counterparty	Local Contract Sell Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Sell Contracts
Philippine Peso vs. U.S. Dollar, expiring 12/24/10	Lehman Brothers		12,100	$	250,362	$	273,333	$	(22,971)
Singapore Dollar vs. U.S. Dollar, expiring 12/24/10	Lehman Brothers		4,577		3,209,225		3,479,912		(270,687)

									$(293,658)

									$(127,656)


Options Written:

Options written through the nine months ended September 30, 2010 were as follows:

	Total Number of Contracts			Total Premiums Received
Options Outstanding - January 1, 2010		6,171		$	2,716,713
Options Written		10,355			3,225,483
Options Terminated in Closing Purchase Transactions		(640	)		(378,400	)
Options Expired		(15,742	)		(5,524,441	)
Options Exercised		—			—

Options Outstanding – September 30, 2010		144		$	39,355

See Notes to Portfolio of Investments.

428

EQ ADVISORS TRUST

EQ/PIMCO ULTRA SHORT BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities			Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)			Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)			Total
Assets:
Asset-Backed and Mortgage-Backed Securities
Asset-Backed Securities	$	—		$	213,598,267		$	—		$	213,598,267
Non-Agency CMO		—			81,786,213			19,041			81,805,254
Common Stocks
Financials		681			—			—			681
Convertible Preferred Stocks
Financials		1,106,600			—			—			1,106,600
Corporate Bonds
Consumer Discretionary		—			41,243,509			—			41,243,509
Consumer Staples		—			46,302,212			—			46,302,212
Energy		—			27,936,134			—			27,936,134
Financials		—			603,562,660			—			603,562,660
Health Care		—			6,864,848			—			6,864,848
Industrials		—			19,066,696			—			19,066,696
Information Technology		—			13,705,424			—			13,705,424
Materials		—			10,005,855			—			10,005,855
Telecommunication Services		—			31,702,161			—			31,702,161
Utilities		—			23,337,071			—			23,337,071
Forward Currency Contracts Government Securities		—			166,002			—			166,002
Agency ABS		—			932,678,934			—			932,678,934
Agency CMO		—			20,698,410			—			20,698,410
Municipal Bonds		—			14,607,408			—			14,607,408
Supranational		—			10,011,880			—			10,011,880
U.S. Government Agencies		—			94,702,002			—			94,702,002
U.S. Treasuries		—			20,489,384			—			20,489,384
Short-Term Investments		—			515,925,865			—			515,925,865

Total Assets	$	1,107,281		$	2,728,390,935		$	19,041		$	2,729,517,257

Liabilities:
Common Stocks
Financials		—			—			(209	)		(209	)
Forward Currency Contracts		—			(293,658	)		—			(293,658	)
Options Written
Call Options Written		(31,050	)		—			—			(31,050	)
Put Options Written		(5,850	)		—			—			(5,850	)

Total Liabilities	$	(36,900	)	$	(293,658	)	$	(209	)	$	(330,767	)

Total	$	1,070,381		$	2,728,097,277		$	18,832		$	2,729,186,490

See Notes to Portfolio of Investments.

429

EQ ADVISORS TRUST

EQ/PIMCO ULTRA SHORT BOND PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities- Asset Backed Securities			Investments in Securities-Financials
Balance as of 12/31/09	$	6,365,000		$	(1,473	)
Total gains or losses (realized/unrealized) included in earnings		19,041			1,264
Purchases, sales, issuances, and settlements (net)		—			—
Transfers into Level 3		—			—
Transfers out of Level 3		(6,365,000	)		—

Balance as of 9/30/10	$	19,041		$	(209	)

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	19,041		$	1,264

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks, long-term corporate debt securities and short positions	$	2,546,597,237
Long-term U.S. Treasury securities		1,959,408,513

	$	4,506,005,750

Net Proceeds of Sales and Redemptions:
Stocks, long-term corporate debt securities and short positions	$	2,435,679,911
Long-term U.S. Treasury securities		2,031,323,272

	$	4,467,003,183

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	16,643,103
Aggregate gross unrealized depreciation		(10,922,587	)

Net unrealized appreciation	$	5,720,516

Federal income tax cost of investments	$	2,723,630,739

See Notes to Portfolio of Investments.

430

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
LONG-TERM DEBT SECURITIES:
Asset-Backed and Mortgage-Backed Securities (5.9%)
*Asset-Backed Securities (0.7%)*
AEP Texas Central Transition Funding LLC, Series 2002-1 A5
6.250%, 1/15/17	$	175,000	$	209,126
Ally Auto Receivables Trust, Series 2010-3 A3
1.110%, 10/15/14		100,000		100,451
Bayview Financial Acquisition Trust, Series 2005-D AF2
5.402%, 12/28/35(l)		346,655		345,918
BMW Vehicle Owner Trust, Series 2010-A A3
1.390%, 4/25/14		200,000		202,091
Capital One Multi-Asset Execution Trust, Series 2005-A7 A7
4.700%, 6/15/15		500,000		534,956
Series 2007-A7 A7
5.750%, 7/15/20		125,000		148,448
Chase Issuance Trust, Series 2007-A1 A1
0.277%, 3/15/13(l)		3,834,000		3,832,882
Series 2007-A17 A
5.120%, 10/15/14		1,750,000		1,901,583
Citibank Credit Card Issuance Trust, Series 2003-A10 A10
4.750%, 12/10/15		200,000		221,660
Series 2003-A7 A7
4.150%, 7/7/17		400,000		442,168
Series 2004-A8 A8
4.900%, 12/12/16		700,000		792,818
Series 2005-A4 A4
4.400%, 6/20/14		600,000		636,374
Series 2006-A3 A3
5.300%, 3/15/18		1,000,000		1,165,901
Series 2007-A8 A8
5.650%, 9/20/19		125,000		149,967
Series 2009-A4 A4
4.900%, 6/23/16		250,000		281,159
CitiFinancial Mortgage Securities, Inc., Series 2003-1 AFPT
3.360%, 1/25/33(e)		378,707		324,869
DB Master Finance LLC, Series 2006-1 A2
5.779%, 6/20/31§		600,000		595,500
Discover Card Master Trust, Series 2009-A1 A1
1.557%, 12/15/14(l)		1,240,000		1,259,717
Series 2009-A2 A
1.557%, 2/17/15(l)		1,065,000		1,082,988
Series 2010-A1 A1
0.907%, 9/15/15(l)		1,113,000		1,119,151
Entergy Texas Restoration Funding LLC, Series 2009-A A1
2.120%, 2/1/16		93,023		95,583
Ford Credit Auto Owner Trust, Series 2010-B A3
0.980%, 10/15/14		100,000		100,441
MBNA Credit Card Master Note Trust, Series 2005-A9 A9
0.297%, 4/15/13(l)		4,185,000		4,184,237
Series 2006-A2 A2
0.317%, 6/15/15(l)		1,025,000		1,018,829
Nissan Auto Receivables Owner Trust, Series 2010-A A3
0.870%, 7/15/14	$	100,000	$	100,140
Option One Mortgage Loan Trust, Series 2006-3 M1
0.486%, 2/25/37(l)		2,915,000		87,450
PG&E Energy Recovery Funding LLC, Series 2005-1 A5
4.470%, 12/25/14		200,000		214,667
PSE&G Transition Funding LLC, Series 2001-1 A6
6.610%, 6/15/15		250,000		274,702
Residential Asset Securities Corp., Series 2003-KS3 A2
0.856%, 5/25/33(l)		161,747		129,055

				21,552,831

*Non-Agency CMO (5.2%)*
Banc of America Commercial Mortgage, Inc., Series 2004-6 A3
4.512%, 12/10/42		2,000,000		2,052,832
Series 2006-5 A4
5.414%, 9/10/47		2,815,000		2,979,094
Series 2006-6 A4
5.356%, 10/10/45		520,000		554,278
Series 2007-1 A4
5.451%, 1/15/49		2,945,000		3,055,885
Series 2007-2 A4
5.867%, 4/10/49(l)		2,150,000		2,199,924
Series 2007-3 A4
5.837%, 6/10/49(l)		1,200,000		1,231,657
Series 2007-4 A4
5.934%, 2/10/51(l)		1,041,000		1,117,013
Bear Stearns Alt-A Trust, Series 2006-1 22A1
4.794%, 2/25/36(l)		1,886,571		1,217,522
Series 2006-3 22A1
5.354%, 5/25/36(l)		787,743		366,523
Bear Stearns Commercial Mortgage Securities, Inc., Series 2004-T16 A6
4.750%, 2/13/46(l)		1,250,000		1,303,481
Series 2005-PWR7 A2
4.945%, 2/11/41		881,950		903,342
Series 2005-PWR7 A3
5.116%, 2/11/41(l)		2,535,000		2,734,437
Series 2005-PWR8 A4
4.674%, 6/11/41		1,507,000		1,608,964
Series 2006-PW11 A4
5.623%, 3/11/39(l)		2,030,000		2,231,380
Series 2006-PW12 A4
5.907%, 9/11/38(l)		1,240,000		1,382,156
Series 2007-PW16 A4
5.907%, 6/11/40(l)		400,000		429,609
Citigroup Commercial Mortgage Trust, Inc., Series 2006-C5 A4
5.431%, 10/15/49		1,337,000		1,447,533
Series 2007-C6 A4
5.887%, 12/10/49(l)		750,000		802,779
Citigroup Mortgage Loan Trust, Inc., Series 2005-2 1A4
5.118%, 5/25/35(l)		1,339,485		1,203,539
Series 2006-AR1 3A1
5.500%, 3/25/36(l)		2,338,762		1,616,487

See Notes to Portfolio of Investments.

431

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Commercial Mortgage Pass Through Certificates,
Series 2005-LP5 A4
4.982%, 5/10/43(l)	$	750,000	$	810,405
Series 2006-C8 A4
5.306%, 12/10/46		510,000		535,599
Credit Suisse Mortgage Capital Certificates,
Series 2006-C4 A3
5.467%, 9/15/39		4,520,000		4,761,220
CS First Boston Mortgage Securities Corp.,
Series 2002-CKN2 A3
6.133%, 4/15/37		1,000,400		1,053,308
Series 2004-C1 A4
4.750%, 1/15/37(l)		985,000		1,040,793
Series 2004-C2 A1
3.819%, 5/15/36		266,847		274,174
GE Capital Commercial Mortgage Corp.,
Series 2007-C1 A4
5.543%, 12/10/49		830,000		834,537
GMAC Commercial Mortgage Securities, Inc.,
Series 2004-C3 A5
4.864%, 12/10/41		2,650,000		2,815,127
Greenwich Capital Commercial Funding Corp.,
Series 2003-C1 A4
4.111%, 7/5/35		1,915,000		2,019,014
Series 2005-GG3 A4
4.799%, 8/10/42(l)		1,125,000		1,199,363
Series 2005-GG5 A41
5.243%, 4/10/37(l)		1,071,500		1,127,445
Series 2007-GG9 A2
5.381%, 3/10/39		5,126,867		5,295,731
Series 2007-GG9 A4
5.444%, 3/10/39		6,025,000		6,383,194
GS Mortgage Securities Corp. II,
Series 2004-GG2 A6
5.396%, 8/10/38(l)		2,000,000		2,180,918
Series 2006-GG6 A4
5.553%, 4/10/38(l)		5,845,000		6,321,087
Indymac Index Mortgage Loan Trust,
Series 2006-AR7 4A1
5.617%, 5/25/36(l)		1,071,528		569,810
JPMorgan Chase Commercial Mortgage
Securities Corp.,
Series 2003-CB7 A4
4.879%, 1/12/38(l)		1,250,000		1,334,496
Series 2005-CB11 A3
5.197%, 8/12/37		1,025,000		1,055,740
Series 2005-CB11 A4
5.335%, 8/12/37(l)		4,090,000		4,482,014
Series 2005-LDP1 A3
4.865%, 3/15/46		625,000		651,892
Series 2005-LDP1 A4
5.038%, 3/15/46(l)		6,301,517		6,863,692
Series 2006-CB14 A4
5.481%, 12/12/44(l)		3,790,000		4,077,579
Series 2006-CB15 A4
5.814%, 6/12/43(l)		2,640,000		2,873,926
Series 2006-CB16 A4
5.552%, 5/12/45		1,039,000		1,125,247
Series 2007-CB18 A4
5.440%, 6/12/47		5,730,000		6,008,477
Series 2007-LD11 A4
6.006%, 6/15/49(l)		5,755,000		5,936,278
Series 2007-LDPX A3
5.420%, 1/15/49		2,580,000		2,671,301
LB-UBS Commercial Mortgage Trust,
Series 2003-C3 A4
4.166%, 5/15/32	$	2,810,000	$	2,967,281
Series 2004-C2 A4
4.367%, 3/15/36		2,115,000		2,228,339
Series 2004-C4 A4
5.436%, 6/15/29(l)		2,985,000		3,216,478
Series 2004-C8 A4
4.510%, 12/15/29		800,000		817,925
Series 2005-C1 A4
4.742%, 2/15/30		1,780,000		1,877,449
Series 2005-C7 A4
5.197%, 11/15/30(l)		400,000		439,110
Series 2006-C7 A3
5.347%, 11/15/38		1,985,000		2,109,843
Series 2007-C1 A4
5.424%, 2/15/40		3,785,000		3,925,038
Series 2007-C6 A4
5.858%, 7/15/40(l)		500,000		528,736
Merrill Lynch Mortgage Investors, Inc.,
Series 2005-A8 A1C1
5.250%, 8/25/36(l)		842,620		823,538
Merrill Lynch Mortgage Trust,
Series 2004-KEY2 A4
4.864%, 8/12/39(l)		2,000,000		2,112,042
Series 2005-CKI1 A6
5.414%, 11/12/37(l)		1,775,000		1,946,125
Series 2007-C1 A4
6.020%, 6/12/50(l)		950,000		983,279
Series 2008-C1 A3
5.710%, 2/12/51		500,000		519,065
Merrill Lynch/Countrywide Commercial
Mortgage Trust,
Series 2006-2 A4
6.103%, 6/12/46(l)		805,000		897,051
Series 2006-3 A4
5.414%, 7/12/46(l)		6,255,000		6,648,613
Series 2007-5 A4
5.378%, 8/12/48		2,300,000		2,263,892
Morgan Stanley Capital I, Inc.,
Series 2005-T17 A5
4.780%, 12/13/41		3,000,000		3,217,672
Series 2006-IQ12 A4
5.332%, 12/15/43		1,816,000		1,962,919
Series 2007-HQ12 A5
5.814%, 4/12/49(l)		825,000		802,899
Series 2007-HQ13 A3
5.569%, 12/15/44		1,437,500		1,385,605
Series 2007-IQ13 A4
5.364%, 3/15/44		2,940,000		3,056,839
Series 2007-T25 A3
5.514%, 11/12/49(l)		975,000		1,078,685
Wachovia Bank Commercial Mortgage Trust,
Series 2006-C27 A3
5.765%, 7/15/45(l)		8,786,372		9,592,815
Series 2007-C31 A2
5.421%, 4/15/47		1,500,000		1,549,469
Series 2007-C33 A4
6.102%, 2/15/51(l)		400,000		417,547

See Notes to Portfolio of Investments.

432

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
WaMu Mortgage Pass-Through Certificates,
Series 2007-OA1 A1A
1.086%, 2/25/47(l)	$	2,047,437	$	1,215,563

				163,324,619

Total Asset-Backed and Mortgage-Backed Securities				184,877,450

Corporate Bonds (26.7%)
Consumer Discretionary (2.4%)
*Auto Components (0.0%)*
Johnson Controls, Inc.
5.000%, 3/30/20	$	100,000		109,900

*Automobiles (0.2%)*
Daimler Finance N.A. LLC
7.750%, 1/18/11		1,139,000		1,161,383
7.300%, 1/15/12		672,000		722,706
6.500%, 11/15/13		800,000		915,062
Ford Motor Co.
7.450%, 7/16/31		1,005,000		1,047,712
Volvo Treasury AB
5.950%, 4/1/15§		2,199,000		2,399,338

				6,246,201

*Hotels, Restaurants & Leisure (0.2%)*
International Game Technology
7.500%, 6/15/19		75,000		89,131
Marriott International, Inc.
5.625%, 2/15/13		1,418,000		1,514,165
McDonald’s Corp.
4.300%, 3/1/13		300,000		324,614
5.350%, 3/1/18		350,000		410,030
3.500%, 7/15/20		55,000		56,515
6.300%, 10/15/37		250,000		311,301
4.875%, 7/15/40		90,000		93,391
Wyndham Worldwide Corp.
6.000%, 12/1/16		1,605,000		1,674,375
Yum! Brands, Inc.
6.875%, 11/15/37		500,000		597,849

				5,071,371

*Household Durables (0.2%)*
Fortune Brands, Inc.
3.000%, 6/1/12		2,250,000		2,291,454
4.875%, 12/1/13		642,000		690,434
6.375%, 6/15/14		500,000		567,290
MDC Holdings, Inc.
5.500%, 5/15/13		1,650,000		1,706,696
Mohawk Industries, Inc.
6.875%, 1/15/16		1,440,000		1,499,400
Newell Rubbermaid, Inc.
4.700%, 8/15/20		125,000		130,871
Toll Brothers Finance Corp.
6.875%, 11/15/12		47,000		50,250
5.150%, 5/15/15		165,000		166,743
6.750%, 11/1/19		200,000		206,973
Whirlpool Corp.
8.000%, 5/1/12		115,000		125,316
5.500%, 3/1/13		300,000		321,835
8.600%, 5/1/14		280,000		333,391

				8,090,653

*Leisure Equipment & Products (0.0%)*
Hasbro, Inc.
6.350%, 3/15/40		65,000		66,845

*Media (1.5%)*
BSKYB Finance UK plc
5.625%, 10/15/15§	$	1,175,000	$	1,335,739
CBS Corp.
5.625%, 8/15/12		300,000		318,414
8.875%, 5/15/19		2,165,000		2,822,196
CCO Holdings LLC/CCO Holdings Capital Corp.
7.875%, 4/30/18§		352,000		365,200
8.125%, 4/30/20§		116,000		122,960
Comcast Cable Communications Holdings, Inc.
8.375%, 3/15/13		274,000		318,194
9.455%, 11/15/22		870,000		1,227,005
Comcast Corp.
5.300%, 1/15/14		500,000		558,715
5.900%, 3/15/16		600,000		693,081
6.500%, 1/15/17		600,000		713,758
5.700%, 7/1/19		200,000		229,510
6.500%, 11/15/35		500,000		558,932
6.450%, 3/15/37		500,000		555,437
6.950%, 8/15/37		600,000		703,554
6.550%, 7/1/39		200,000		226,406
COX Communications, Inc.
7.125%, 10/1/12		300,000		332,128
5.450%, 12/15/14		200,000		226,244
CSC Holdings LLC
8.500%, 4/15/14		890,000		980,112
DIRECTV Holdings LLC
3.550%, 3/15/15		190,000		197,228
5.200%, 3/15/20		200,000		216,477
6.350%, 3/15/40		60,000		64,917
DIRECTV Holdings LLC/DIRECTV
Financing Co., Inc.
4.750%, 10/1/14		1,370,000		1,496,298
7.625%, 5/15/16		471,000		525,165
Grupo Televisa S.A.
6.625%, 3/18/25		500,000		562,614
Interpublic Group of Cos., Inc.
6.250%, 11/15/14		989,000		1,050,812
News America Holdings, Inc.
9.250%, 2/1/13		1,080,000		1,261,124
News America, Inc.
5.300%, 12/15/14		100,000		112,859
6.900%, 3/1/19		500,000		611,523
6.550%, 3/15/33		695,000		775,720
6.400%, 12/15/35		1,000,000		1,108,971
6.650%, 11/15/37		300,000		345,087
Omnicom Group, Inc.
6.250%, 7/15/19		250,000		293,907
4.450%, 8/15/20		55,000		56,545
Reed Elsevier Capital, Inc.
8.625%, 1/15/19		420,000		552,570
Thomson Reuters Corp.
6.500%, 7/15/18		300,000		364,284
4.700%, 10/15/19		100,000		110,384
Time Warner Cable, Inc.
5.400%, 7/2/12		200,000		214,273
6.200%, 7/1/13		300,000		337,965
7.500%, 4/1/14		1,320,000		1,555,805
3.500%, 2/1/15		250,000		262,407
5.850%, 5/1/17		500,000		570,107
8.250%, 4/1/19		500,000		645,539
5.000%, 2/1/20		1,330,000		1,424,338
6.550%, 5/1/37		300,000		338,334
7.300%, 7/1/38		500,000		614,171
6.750%, 6/15/39		250,000		288,490

See Notes to Portfolio of Investments.

433

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Time Warner Entertainment Co. LP
8.375%, 3/15/23	$	1,250,000	$	1,648,736
Time Warner, Inc.
5.875%, 11/15/16		300,000		349,333
7.625%, 4/15/31		2,155,000		2,671,855
7.700%, 5/1/32		750,000		937,215
6.500%, 11/15/36		1,000,000		1,121,452
Turner Broadcasting System, Inc.
8.375%, 7/1/13		1,160,000		1,348,038
Univision Communications, Inc.
12.000%, 7/1/14§		197,000		215,469
Viacom, Inc.
4.375%, 9/15/14		250,000		271,350
5.625%, 9/15/19		2,440,000		2,781,493
6.875%, 4/30/36		300,000		352,195
Walt Disney Co.
4.500%, 12/15/13		500,000		554,083
6.000%, 7/17/17		500,000		609,916
WPP Finance UK Corp.
5.875%, 6/15/14		2,445,000		2,709,107
8.000%, 9/15/14		1,907,000		2,274,288

				46,090,029

*Multiline Retail (0.2%)*
JC Penney Co., Inc.
5.650%, 6/1/20		2,135,000		2,175,031
Kohl’s Corp.
6.250%, 12/15/17		300,000		358,559
Nordstrom, Inc.
6.750%, 6/1/14		60,000		70,347
6.250%, 1/15/18		400,000		467,023
4.750%, 5/1/20		70,000		74,886
Target Corp.
5.125%, 1/15/13		600,000		655,147
6.000%, 1/15/18		300,000		361,887
6.500%, 10/15/37		200,000		244,858
7.000%, 1/15/38		600,000		773,689

				5,181,427

*Specialty Retail (0.1%)*
AutoZone, Inc.
5.750%, 1/15/15		250,000		283,519
Home Depot, Inc.
5.400%, 3/1/16		800,000		910,868
5.875%, 12/16/36		250,000		266,522
Lowe’s Cos., Inc.
5.600%, 9/15/12		300,000		326,877
4.625%, 4/15/20		200,000		223,324
5.500%, 10/15/35		300,000		321,708
6.650%, 9/15/37		150,000		186,411
5.800%, 4/15/40		85,000		95,577
Staples, Inc.
9.750%, 1/15/14		500,000		619,123
TJX Cos., Inc.
6.950%, 4/15/19		145,000		184,430

				3,418,359

Total Consumer Discretionary				74,274,785

Consumer Staples (1.4%)
*Beverages (0.3%)*
Anheuser-Busch Cos., Inc.
4.950%, 1/15/14		300,000		326,762
Anheuser-Busch InBev Worldwide, Inc.
3.000%, 10/15/12		400,000		415,314
4.125%, 1/15/15		325,000		349,849
5.375%, 1/15/20		900,000		1,015,912
6.375%, 1/15/40	$	300,000	$	362,510
Bottling Group LLC
6.950%, 3/15/14		500,000		592,768
5.125%, 1/15/19		500,000		573,794
Coca-Cola Co.
5.350%, 11/15/17		400,000		470,888
4.875%, 3/15/19		250,000		287,146
Coca-Cola Enterprises, Inc.
8.500%, 2/1/12		300,000		328,250
7.375%, 3/3/14		500,000		601,039
8.500%, 2/1/22		500,000		712,272
Diageo Capital plc
7.375%, 1/15/14		500,000		592,343
5.750%, 10/23/17		300,000		354,061
Diageo Finance B.V.
5.500%, 4/1/13		600,000		662,123
3.250%, 1/15/15		100,000		105,754
Dr. Pepper Snapple Group, Inc.
6.820%, 5/1/18		500,000		618,622
PepsiCo, Inc.
3.100%, 1/15/15		250,000		266,403
5.000%, 6/1/18		300,000		345,517
7.900%, 11/1/18		600,000		799,365
4.500%, 1/15/20		250,000		278,751
5.500%, 1/15/40		100,000		114,516

				10,173,959

*Food & Staples Retailing (0.4%)*
Costco Wholesale Corp.
5.500%, 3/15/17		300,000		356,357
CVS Caremark Corp.
3.250%, 5/18/15		150,000		156,678
6.125%, 8/15/16		500,000		590,228
5.750%, 6/1/17		300,000		344,276
6.600%, 3/15/19		1,370,000		1,662,505
4.750%, 5/18/20		150,000		163,151
6.250%, 6/1/27		200,000		228,018
Delhaize America, Inc.
9.000%, 4/15/31		100,000		141,327
Delhaize Group S.A.
5.875%, 2/1/14		605,000		682,844
Kroger Co.
5.000%, 4/15/13		300,000		326,816
7.500%, 1/15/14		500,000		590,870
3.900%, 10/1/15		200,000		217,058
6.150%, 1/15/20		500,000		594,129
Safeway, Inc.
6.350%, 8/15/17		300,000		354,520
5.000%, 8/15/19		500,000		549,202
Sysco Corp.
5.250%, 2/12/18		200,000		230,025
6.625%, 3/17/39		200,000		256,683
Walgreen Co.
4.875%, 8/1/13		300,000		332,819
Wal-Mart Stores, Inc.
4.550%, 5/1/13		600,000		656,570
5.800%, 2/15/18		500,000		601,495
7.550%, 2/15/30		500,000		676,698
6.500%, 8/15/37		1,050,000		1,310,374
6.200%, 4/15/38		150,000		180,847

				11,203,490

*Food Products (0.4%)*
Archer-Daniels-Midland Co.
5.375%, 9/15/35		500,000		543,835

See Notes to Portfolio of Investments.

434

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Bunge Ltd. Finance Corp.
5.875%, 5/15/13	$	1,210,000	$	1,309,642
5.100%, 7/15/15		705,000		746,360
Cadbury Schweppes U.S. Finance LLC
5.125%, 10/1/13§		1,705,000		1,865,001
Campbell Soup Co.
3.375%, 8/15/14		200,000		216,193
3.050%, 7/15/17		100,000		105,264
4.500%, 2/15/19		200,000		223,759
ConAgra Foods, Inc.
8.250%, 9/15/30		100,000		134,987
Corn Products International, Inc.
3.200%, 11/1/15		100,000		101,924
4.625%, 11/1/20		100,000		102,296
6.625%, 4/15/37		100,000		109,231
General Mills, Inc.
5.650%, 2/15/19		500,000		585,621
5.400%, 6/15/40		65,000		71,242
H.J. Heinz Co.
5.350%, 7/15/13		500,000		552,259
Kellogg Co.
4.250%, 3/6/13		300,000		321,750
4.450%, 5/30/16		750,000		841,934
Kraft Foods, Inc.
6.250%, 6/1/12		1,300,000		1,412,577
4.125%, 2/9/16		150,000		162,255
6.125%, 2/1/18		800,000		943,204
5.375%, 2/10/20		300,000		335,115
6.875%, 2/1/38		300,000		363,788
6.500%, 2/9/40		500,000		585,433
Ralcorp Holdings, Inc.
6.625%, 8/15/39		200,000		217,322
Sara Lee Corp.
6.125%, 11/1/32		100,000		106,731

				11,957,723

*Household Products (0.1%)*
Clorox Co.
5.000%, 3/1/13		500,000		546,057
3.550%, 11/1/15		100,000		107,342
Colgate-Palmolive Co.
3.150%, 8/5/15		60,000		64,641
Kimberly-Clark Corp.
6.125%, 8/1/17		300,000		366,281
6.625%, 8/1/37		300,000		390,260
Procter & Gamble Co.
4.850%, 12/15/15		300,000		346,153
4.700%, 2/15/19		500,000		569,015
5.550%, 3/5/37		500,000		585,796

				2,975,545

*Tobacco (0.2%)*
Altria Group, Inc.
9.700%, 11/10/18		1,775,000		2,402,643
9.250%, 8/6/19		1,000,000		1,340,461
9.950%, 11/10/38		350,000		504,331
Lorillard Tobacco Co.
8.125%, 6/23/19		155,000		177,423
6.875%, 5/1/20		150,000		158,658
Philip Morris International, Inc.
4.875%, 5/16/13		500,000		548,903
5.650%, 5/16/18		300,000		351,242
6.375%, 5/16/38		350,000		431,343
Reynolds American, Inc.
7.250%, 6/1/13		300,000		337,003
7.625%, 6/1/16	$	755,000	$	885,663

				7,137,670

Total Consumer Staples				43,448,387

Energy (2.6%)
*Energy Equipment & Services (0.2%)*
Baker Hughes, Inc.
6.500%, 11/15/13		1,010,000		1,169,924
Diamond Offshore Drilling, Inc.
5.875%, 5/1/19		65,000		74,276
Halliburton Co.
6.150%, 9/15/19		250,000		298,377
6.700%, 9/15/38		100,000		124,036
7.450%, 9/15/39		150,000		203,591
Rowan Cos., Inc.
7.875%, 8/1/19		130,000		155,155
Transocean, Inc.
4.950%, 11/15/15		250,000		259,967
6.000%, 3/15/18		100,000		106,360
6.500%, 11/15/20		200,000		217,817
6.800%, 3/15/38		250,000		256,353
Weatherford International Ltd.
5.150%, 3/15/13		520,000		556,771
6.000%, 3/15/18		300,000		330,902
9.625%, 3/1/19		1,825,000		2,380,747
7.000%, 3/15/38		500,000		531,120

				6,665,396

*Oil, Gas & Consumable Fuels (2.4%)*
Anadarko Petroleum Corp.
5.950%, 9/15/16		2,971,000		3,244,121
6.450%, 9/15/36		1,470,000		1,471,768
Apache Corp.
5.250%, 4/15/13		100,000		109,009
6.000%, 1/15/37		300,000		340,238
Buckeye Partners LP
5.500%, 8/15/19		150,000		164,064
Canadian Natural Resources Ltd.
5.700%, 5/15/17		500,000		575,315
6.250%, 3/15/38		300,000		344,889
Cenovus Energy, Inc.
4.500%, 9/15/14		500,000		550,435
5.700%, 10/15/19		300,000		351,544
6.750%, 11/15/39		400,000		482,947
Chevron Corp.
4.950%, 3/3/19		500,000		581,273
Conoco, Inc.
6.950%, 4/15/29		750,000		963,757
ConocoPhillips
6.000%, 1/15/20		500,000		615,200
5.900%, 5/15/38		100,000		116,216
6.500%, 2/1/39		625,000		782,849
Devon Financing Corp. ULC
7.875%, 9/30/31		600,000		803,548
Ecopetrol S.A.
7.625%, 7/23/19		779,000		942,590
Enbridge Energy Partners LP
5.200%, 3/15/20		30,000		32,643
Series B
7.500%, 4/15/38		500,000		625,255
EnCana Corp.
5.900%, 12/1/17		100,000		116,744
6.500%, 5/15/19		625,000		765,052
6.625%, 8/15/37		100,000		117,445
6.500%, 2/1/38		500,000		582,989

See Notes to Portfolio of Investments.

435

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Energy Transfer Partners LP
6.700%, 7/1/18	$	1,278,000	$	1,488,464
9.700%, 3/15/19		500,000		663,326
7.500%, 7/1/38		2,752,000		3,247,288
Enterprise Products Operating LLC
9.750%, 1/31/14		500,000		612,329
6.300%, 9/15/17		500,000		576,701
5.200%, 9/1/20		200,000		216,569
EOG Resources, Inc.
6.875%, 10/1/18		100,000		125,991
5.625%, 6/1/19		125,000		147,061
Gaz Capital S.A. for Gazprom OAO
6.212%, 11/22/16(m)		4,400,000		4,686,440
Hess Corp.
8.125%, 2/15/19		923,000		1,213,578
7.875%, 10/1/29		895,000		1,158,590
5.600%, 2/15/41		200,000		208,680
Husky Energy, Inc.
5.900%, 6/15/14		105,000		116,824
7.250%, 12/15/19		65,000		79,447
KazMunaiGaz Finance Sub B.V.
7.000%, 5/5/20§		1,491,000		1,643,828
Kinder Morgan Energy Partners LP
9.000%, 2/1/19		1,000,000		1,302,099
6.850%, 2/15/20		30,000		35,766
5.300%, 9/15/20		75,000		80,826
5.800%, 3/15/35		300,000		300,768
Magellan Midstream Partners LP
6.550%, 7/15/19		125,000		149,311
4.250%, 2/1/21		100,000		101,501
Marathon Oil Corp.
5.900%, 3/15/18		252,000		290,868
7.500%, 2/15/19		1,270,000		1,626,229
6.600%, 10/1/37		100,000		118,549
Nabors Industries, Inc.
9.250%, 1/15/19		2,520,000		3,224,577
Nexen, Inc.
6.200%, 7/30/19		80,000		93,504
6.400%, 5/15/37		300,000		326,907
7.500%, 7/30/39		145,000		178,164
Noble Energy, Inc.
8.250%, 3/1/19		1,873,000		2,436,391
Noble Holding International Ltd.
4.900%, 8/1/20		183,000		196,768
NuStar Logistics LP
4.800%, 9/1/20		200,000		202,025
Occidental Petroleum Corp.
7.000%, 11/1/13		500,000		588,195
4.125%, 6/1/16		250,000		279,433
ONEOK Partners LP
8.625%, 3/1/19		500,000		648,413
Pemex Project Funding Master Trust
5.750%, 3/1/18		1,000,000		1,095,933
6.625%, 6/15/35		300,000		327,729
Petrobras International Finance Co.
6.125%, 10/6/16		500,000		559,683
5.875%, 3/1/18		300,000		333,358
7.875%, 3/15/19		300,000		374,131
5.750%, 1/20/20		4,940,000		5,468,802
Petro-Canada, Inc.
9.250%, 10/15/21		300,000		422,258
6.800%, 5/15/38		500,000		592,685
Petroleos Mexicanos
6.000%, 3/5/20§		120,000		132,600
Petronas Capital Ltd.
5.250%, 8/12/19§	$	2,555,000	$	2,811,601
Plains All American Pipeline LP
6.500%, 5/1/18		500,000		577,116
8.750%, 5/1/19		150,000		190,382
6.650%, 1/15/37		100,000		108,390
Shell International Finance B.V.
4.950%, 3/22/12		100,000		106,233
1.875%, 3/25/13		175,000		179,128
4.000%, 3/21/14		500,000		541,705
4.300%, 9/22/19		700,000		767,764
4.375%, 3/25/20		150,000		165,114
6.375%, 12/15/38		500,000		633,945
Spectra Energy Capital LLC
6.200%, 4/15/18		500,000		584,740
Statoil ASA
3.875%, 4/15/14		250,000		271,072
5.250%, 4/15/19		105,000		121,913
7.150%, 1/15/29		100,000		129,992
Suncor Energy, Inc.
7.150%, 2/1/32		100,000		118,611
6.500%, 6/15/38		250,000		286,960
Talisman Energy, Inc.
7.750%, 6/1/19		90,000		114,882
6.250%, 2/1/38		150,000		164,935
Tesoro Corp.
6.500%, 6/1/17		1,045,000		1,029,325
TransCanada PipeLines Ltd.
7.125%, 1/15/19		1,000,000		1,266,971
7.250%, 8/15/38		600,000		767,414
6.350%, 5/15/67(l)		1,690,000		1,580,150
Valero Energy Corp.
6.875%, 4/15/12		4,330,000		4,650,567
4.750%, 6/15/13		100,000		106,597
4.500%, 2/1/15		45,000		48,099
9.375%, 3/15/19		150,000		191,559
6.125%, 2/1/20		613,000		668,112
6.625%, 6/15/37		100,000		100,424
Williams Cos., Inc.
7.750%, 6/15/31		1,090,000		1,245,297
8.750%, 3/15/32		445,000		557,634
Williams Partners LP/Williams Partners Finance Corp.
7.250%, 2/1/17		475,000		565,797
XTO Energy, Inc.
7.500%, 4/15/12		300,000		330,528
6.500%, 12/15/18		600,000		764,042

				74,099,479

Total Energy				80,764,875

Financials (11.3%)
*Capital Markets (1.7%)*
Bank of New York Mellon Corp.
4.950%, 11/1/12		600,000		650,745
5.125%, 8/27/13		750,000		834,814
4.300%, 5/15/14		145,000		159,206
Bear Stearns Cos. LLC
5.350%, 2/1/12		600,000		634,174
5.700%, 11/15/14		300,000		338,262
5.550%, 1/22/17		1,705,000		1,859,415
6.400%, 10/2/17		500,000		582,384
BlackRock, Inc.
3.500%, 12/10/14		250,000		265,282
5.000%, 12/10/19		250,000		275,591

See Notes to Portfolio of Investments.

436

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Charles Schwab Corp.
4.950%, 6/1/14	$	50,000	$	55,550
Deutsche Bank AG/London
5.000%, 10/12/10		1,190,000		1,191,081
5.375%, 10/12/12		500,000		544,107
2.375%, 1/11/13		500,000		511,480
4.875%, 5/20/13		600,000		651,760
3.450%, 3/30/15		500,000		527,282
6.000%, 9/1/17		500,000		576,375
Goldman Sachs Capital I
6.345%, 2/15/34		500,000		481,990
Goldman Sachs Group, Inc.
6.600%, 1/15/12		600,000		639,466
3.250%, 6/15/12		2,000,000		2,090,968
3.625%, 8/1/12		285,000		296,641
5.450%, 11/1/12		1,000,000		1,078,464
5.250%, 10/15/13		500,000		543,446
5.150%, 1/15/14		500,000		542,741
5.350%, 1/15/16		2,000,000		2,198,832
5.950%, 1/18/18		1,300,000		1,427,827
7.500%, 2/15/19		2,885,000		3,432,443
6.000%, 6/15/20		1,610,000		1,770,818
6.125%, 2/15/33		300,000		326,376
6.750%, 10/1/37		1,600,000		1,663,080
Jefferies Group, Inc.
8.500%, 7/15/19		500,000		580,555
6.875%, 4/15/21		967,000		1,014,280
Macquarie Group Ltd.
4.875%, 8/10/17§		2,485,000		2,520,523
Merrill Lynch & Co., Inc.
5.450%, 2/5/13		2,000,000		2,147,880
6.150%, 4/25/13		600,000		655,639
6.050%, 5/16/16		1,448,000		1,541,238
6.400%, 8/28/17		1,070,000		1,170,906
6.875%, 4/25/18		900,000		1,009,527
7.750%, 5/14/38		1,300,000		1,507,818
Morgan Stanley
3.250%, 12/1/11		2,000,000		2,065,378
5.625%, 1/9/12		725,000		763,493
1.950%, 6/20/12		1,000,000		1,024,440
5.750%, 8/31/12		500,000		536,210
5.300%, 3/1/13		600,000		646,159
4.750%, 4/1/14		1,000,000		1,044,368
6.000%, 5/13/14		200,000		219,570
5.375%, 10/15/15		500,000		536,495
5.450%, 1/9/17		600,000		632,764
5.950%, 12/28/17		600,000		644,506
6.625%, 4/1/18		2,125,000		2,355,892
7.300%, 5/13/19		200,000		230,036
5.625%, 9/23/19		1,500,000		1,561,726
5.500%, 7/24/20		1,475,000		1,519,571
7.250%, 4/1/32		500,000		582,958
Nomura Holdings, Inc.
5.000%, 3/4/15		255,000		275,416
6.700%, 3/4/20		282,000		322,255
Northern Trust Corp.
4.625%, 5/1/14		65,000		72,077
Raymond James Financial, Inc.
8.600%, 8/15/19		200,000		239,628

				53,571,908

*Commercial Banks (2.7%)*
ABN Amro Bank N.V.
4.310%, 3/29/49(l)		EUR 525,000		561,829
Ally Financial, Inc.
1.750%, 10/30/12	$	600,000	$	613,898
2.200%, 12/19/12		1,000,000		1,033,794
American Express Bank FSB
3.150%, 12/9/11		1,000,000		1,031,053
5.500%, 4/16/13		500,000		544,230
Bank of Nova Scotia
2.250%, 1/22/13		275,000		282,925
3.400%, 1/22/15		350,000		373,845
Bank of Tokyo-Mitsubishi UFJ Ltd./New York
7.400%, 6/15/11		295,000		306,751
BankAmerica Capital II
8.000%, 12/15/26		691,000		711,730
Barclays Bank plc
5.450%, 9/12/12		600,000		649,888
5.000%, 9/22/16		1,000,000		1,094,128
6.750%, 5/22/19		300,000		356,510
BB&T Corp.
3.375%, 9/25/13		300,000		314,932
3.950%, 4/29/16		150,000		158,680
4.900%, 6/30/17		1,000,000		1,058,558
Canadian Imperial Bank of Commerce
1.450%, 9/13/13		300,000		302,003
Commerzbank Capital Funding Trust I
5.012%, 3/29/49		EUR 250,000		225,788
Compass Bank
5.500%, 4/1/20	$	1,769,000		1,754,779
Credit Suisse AG/New York
3.450%, 7/2/12		400,000		415,969
5.000%, 5/15/13		2,000,000		2,178,866
5.500%, 5/1/14		500,000		560,088
6.000%, 2/15/18		600,000		662,620
5.300%, 8/13/19		500,000		553,912
5.400%, 1/14/20		250,000		266,689
Fifth Third Bancorp
6.250%, 5/1/13		500,000		547,460
HSBC Bank USA/New York
4.625%, 4/1/14		600,000		642,935
HSBC Holdings plc
6.500%, 9/15/37		1,000,000		1,121,430
6.800%, 6/1/38		350,000		405,944
JPMorgan Chase Bank N.A.
6.000%, 10/1/17		600,000		681,065
KeyBank N.A.
5.800%, 7/1/14		300,000		327,089
KeyCorp
6.500%, 5/14/13		250,000		273,985
Kreditanstalt fuer Wiederaufbau
3.250%, 10/14/11		600,000		617,699
4.000%, 10/15/13		1,100,000		1,199,623
3.500%, 3/10/14		2,000,000		2,165,516
4.125%, 10/15/14		1,000,000		1,107,995
4.500%, 7/16/18		1,600,000		1,841,046
4.000%, 1/27/20		1,500,000		1,656,038
(Zero Coupon), 6/29/37		1,000,000		312,390
Landwirtschaftliche Rentenbank
3.250%, 3/15/13		927,000		980,059
4.125%, 7/15/13		600,000		651,095
5.125%, 2/1/17		1,495,000		1,754,820
M&I Marshall & Ilsley Bank
5.000%, 1/17/17		1,310,000		1,248,336
National Capital Trust II
5.486%, 12/29/49(l)§		590,000		569,429
National City Bank/Ohio
6.250%, 3/15/11		1,535,000		1,569,849

See Notes to Portfolio of Investments.

437

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
6.200%, 12/15/11	$	755,000	$	796,719
National City Corp.
4.900%, 1/15/15		750,000		827,133
PNC Funding Corp.
5.625%, 2/1/17		750,000		818,905
5.125%, 2/8/20		100,000		108,258
4.375%, 8/11/20		200,000		204,596
Regions Bank/Alabama
3.250%, 12/9/11		1,000,000		1,032,466
Regions Financial Corp.
6.375%, 5/15/12		915,000		937,782
7.750%, 11/10/14		200,000		216,644
Royal Bank of Canada
2.100%, 7/29/13		200,000		205,936
Royal Bank of Scotland Group plc
1.450%, 10/20/11§		8,096,000		8,156,032
2.625%, 5/11/12§		4,365,000		4,483,335
5.000%, 10/1/14		600,000		601,350
6.400%, 10/21/19		375,000		408,061
RSHB Capital S.A. (Russian Agricultural Bank OJSC)
7.750%, 5/29/18§		4,319,000		4,848,078
Santander U.S. Debt S.A.U.
2.991%, 10/7/13§		2,400,000		2,399,327
SouthTrust Corp.
5.800%, 6/15/14		1,195,000		1,310,518
Sovereign Bank
8.750%, 5/30/18		500,000		577,782
Standard Chartered plc
6.409%, 12/31/49(l)§		1,710,000		1,623,212
SunTrust Banks, Inc./Georgia
7.250%, 3/15/18		500,000		568,630
U.S. Bancorp
4.200%, 5/15/14		250,000		273,962
UBS AG/Connecticut
3.875%, 1/15/15		500,000		521,862
5.875%, 12/20/17		1,000,000		1,131,484
5.750%, 4/25/18		600,000		677,354
UFJ Finance Aruba AEC
6.750%, 7/15/13		755,000		850,948
Union Planters Corp.
7.750%, 3/1/11		778,000		790,602
USB Capital XIII Trust
6.625%, 12/15/39		100,000		102,275
Wachovia Bank N.A.
4.875%, 2/1/15		600,000		649,859
6.600%, 1/15/38		1,000,000		1,134,918
Wachovia Corp.
5.300%, 10/15/11		500,000		523,479
5.500%, 5/1/13		1,340,000		1,472,921
5.250%, 8/1/14		1,000,000		1,086,970
5.750%, 2/1/18		500,000		569,790
5.500%, 8/1/35		500,000		483,645
Wells Fargo & Co.
3.000%, 12/9/11		750,000		772,510
4.375%, 1/31/13		500,000		533,607
3.750%, 10/1/14		800,000		847,709
5.625%, 12/11/17		4,460,000		5,079,882
Wells Fargo Capital XIII
7.700%, 12/29/49(l)		500,000		518,750
Westpac Banking Corp.
2.250%, 11/19/12		250,000		254,827
4.875%, 11/19/19		250,000		268,013

				84,357,399

*Consumer Finance (0.8%)*
American Express Co.
7.250%, 5/20/14	$	1,925,000	$	2,257,151
6.150%, 8/28/17		800,000		921,043
7.000%, 3/19/18		500,000		602,192
8.125%, 5/20/19		2,255,000		2,912,118
American Express Credit Corp.
5.875%, 5/2/13		300,000		330,179
7.300%, 8/20/13		1,250,000		1,436,786
Capital One Financial Corp.
7.375%, 5/23/14		500,000		583,676
6.150%, 9/1/16		100,000		109,635
6.750%, 9/15/17		500,000		600,948
HSBC Finance Corp.
6.375%, 10/15/11		1,000,000		1,053,111
7.000%, 5/15/12		660,000		713,697
6.375%, 11/27/12		600,000		656,226
5.000%, 6/30/15		600,000		653,431
5.500%, 1/19/16		500,000		549,121
International Lease Finance Corp.
5.650%, 6/1/14		168,000		162,960
Nissan Motor Acceptance Corp.
4.500%, 1/30/15§		1,917,000		2,038,447
ORIX Corp.
4.710%, 4/27/15		2,672,000		2,749,531
PACCAR Financial Corp.
1.950%, 12/17/12		100,000		101,907
SLM Corp.
5.400%, 10/25/11		1,061,000		1,071,971
5.375%, 1/15/13		1,565,000		1,577,761
5.000%, 10/1/13		1,000,000		979,984
5.375%, 5/15/14		1,260,000		1,226,062
8.450%, 6/15/18		100,000		101,006
8.000%, 3/25/20		250,000		248,082
Toyota Motor Credit Corp.
1.375%, 8/12/13		250,000		251,944

				23,888,969

*Diversified Financial Services (4.0%)*
Allstate Life Global Funding Trusts
5.375%, 4/30/13		600,000		663,064
Ameriprise Financial, Inc.
7.300%, 6/28/19		45,000		55,775
AngloGold Ashanti Holdings plc
5.375%, 4/15/20		1,640,000		1,734,930
Bank of America Corp.
2.100%, 4/30/12		1,000,000		1,024,638
3.125%, 6/15/12		2,500,000		2,604,985
5.375%, 9/11/12		2,895,000		3,085,624
4.900%, 5/1/13		1,500,000		1,601,804
7.375%, 5/15/14		1,465,000		1,683,802
6.500%, 8/1/16		700,000		787,080
5.625%, 10/14/16		1,300,000		1,403,354
5.650%, 5/1/18		1,500,000		1,589,258
7.625%, 6/1/19		3,635,000		4,310,572
7.250%, 10/15/25		100,000		112,890
Bank of America N.A.
5.300%, 3/15/17		300,000		308,763
Boeing Capital Corp.
6.500%, 2/15/12		300,000		323,251
BP Capital Markets plc
5.250%, 11/7/13		500,000		544,566
3.625%, 5/8/14		200,000		206,892
3.875%, 3/10/15		350,000		364,149
4.750%, 3/10/19		536,000		560,482

See Notes to Portfolio of Investments.

438

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
4.500%, 10/1/20	$	1,624,000	$	1,660,727
Capital One Capital VI
8.875%, 5/15/40		136,000		142,800
Caterpillar Financial Services Corp.
1.900%, 12/17/12		65,000		66,449
2.000%, 4/5/13		100,000		102,470
4.900%, 8/15/13		300,000		330,923
6.125%, 2/17/14		500,000		574,760
7.150%, 2/15/19		750,000		966,223
Citigroup Funding, Inc.
0.355%, 5/5/11(l)		13,740,000		13,746,059
1.875%, 10/22/12		500,000		512,759
Citigroup, Inc.
2.875%, 12/9/11		1,500,000		1,543,359
2.125%, 4/30/12		2,000,000		2,050,692
5.300%, 10/17/12		1,000,000		1,065,700
5.500%, 4/11/13		4,600,000		4,935,078
6.500%, 8/19/13		990,000		1,093,821
5.000%, 9/15/14		1,050,000		1,090,572
5.500%, 10/15/14		1,200,000		1,302,083
5.850%, 8/2/16		600,000		648,588
6.125%, 11/21/17		750,000		819,262
6.125%, 5/15/18		1,025,000		1,118,287
8.500%, 5/22/19		3,600,000		4,450,828
6.125%, 8/25/36		500,000		486,992
6.875%, 3/5/38		1,000,000		1,116,926
8.125%, 7/15/39		1,060,000		1,338,975
ConocoPhillips Canada Funding Co. I
5.625%, 10/15/16		600,000		707,533
Credit Suisse USA, Inc.
6.500%, 1/15/12		300,000		320,966
5.850%, 8/16/16		1,000,000		1,160,836
Equifax, Inc.
4.450%, 12/1/14		100,000		106,696
General Electric Capital Corp.
5.000%, 11/15/11		1,000,000		1,047,417
4.375%, 11/21/11		1,980,000		2,062,227
3.000%, 12/9/11		1,500,000		1,545,560
5.875%, 2/15/12		500,000		532,922
2.200%, 6/8/12		1,000,000		1,028,038
6.000%, 6/15/12		1,000,000		1,079,225
5.250%, 10/19/12		1,300,000		1,399,645
2.625%, 12/28/12		2,000,000		2,085,308
4.800%, 5/1/13		2,490,000		2,687,646
5.900%, 5/13/14		750,000		849,453
4.375%, 9/21/15		1,000,000		1,080,950
5.625%, 5/1/18		3,565,000		3,957,064
6.750%, 3/15/32		1,200,000		1,334,087
5.875%, 1/14/38		1,000,000		1,015,620
6.875%, 1/10/39		900,000		1,033,556
Harley-Davidson Funding Corp.
5.750%, 12/15/14§		1,869,000		1,993,505
John Deere Capital Corp.
7.000%, 3/15/12		300,000		326,283
2.875%, 6/19/12		750,000		779,548
5.250%, 10/1/12		500,000		543,494
5.500%, 4/13/17		300,000		350,081
5.750%, 9/10/18		300,000		355,179
JPMorgan Chase & Co.
3.125%, 12/1/11		1,500,000		1,546,344
6.625%, 3/15/12		1,000,000		1,075,520
2.125%, 6/22/12		1,500,000		1,541,752
4.750%, 5/1/13		600,000		650,727
4.650%, 6/1/14		250,000		273,649
5.125%, 9/15/14		1,000,000		1,096,435
3.700%, 1/20/15	$	1,200,000	$	1,267,594
6.000%, 1/15/18		1,000,000		1,141,979
6.300%, 4/23/19		3,025,000		3,505,555
4.400%, 7/22/20		2,280,000		2,334,964
6.400%, 5/15/38		600,000		717,854
7.900%, 4/29/49(l)		705,000		755,499
LBG Capital No.1 plc
8.000%, 12/29/49(l)(m)		2,665,000		2,451,800
MUFG Capital Finance I Ltd.
6.346%, 7/29/49(l)		1,000,000		1,002,272
NASDAQ OMX Group, Inc.
4.000%, 1/15/15		250,000		258,362
5.550%, 1/15/20		100,000		106,270
National Rural Utilities Cooperative Finance Corp.
5.450%, 2/1/18		100,000		115,164
8.000%, 3/1/32		600,000		802,281
Nationwide Building Society
6.250%, 2/25/20§		2,645,000		2,911,616
Noble Group Ltd.
6.750%, 1/29/20§		2,585,000		2,784,045
Private Export Funding Corp.
4.950%, 11/15/15		100,000		115,816
4.300%, 12/15/21		100,000		109,923
Teco Finance, Inc.
4.000%, 3/15/16		660,000		687,622
5.150%, 3/15/20		775,000		847,892
Textron Financial Corp.
5.400%, 4/28/13		325,000		341,247
Transneft OJSC (TransCapitalInvest Ltd.)
8.700%, 8/7/18(m)		2,260,000		2,793,925
Unilever Capital Corp.
4.800%, 2/15/19		500,000		566,615

				125,315,773

*Insurance (1.5%)*
ACE INA Holdings, Inc.
5.900%, 6/15/19		50,000		58,183
Aflac, Inc.
3.450%, 8/15/15		505,000		524,033
8.500%, 5/15/19		150,000		190,866
6.450%, 8/15/40		100,000		104,119
Allied World Assurance Co. Holdings Ltd./Bermuda
7.500%, 8/1/16		1,645,000		1,859,672
Allstate Corp.
6.200%, 5/16/14		250,000		291,779
7.450%, 5/16/19		250,000		312,340
American Financial Group, Inc./Ohio
9.875%, 6/15/19		100,000		123,271
American International Group, Inc.
5.050%, 10/1/15		800,000		814,000
5.850%, 1/16/18		600,000		621,000
8.250%, 8/15/18		900,000		1,048,500
Assurant, Inc.
5.625%, 2/15/14		495,000		528,324
Berkshire Hathaway Finance Corp.
4.000%, 4/15/12		250,000		262,156
5.000%, 8/15/13		1,000,000		1,106,404
5.400%, 5/15/18		1,000,000		1,143,408
5.750%, 1/15/40		100,000		110,374
Chubb Corp.
5.750%, 5/15/18		600,000		694,366
CNA Financial Corp.
7.350%, 11/15/19		45,000		50,595
5.875%, 8/15/20		300,000		305,901

See Notes to Portfolio of Investments.

439

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Genworth Financial, Inc.
6.515%, 5/22/18	$	3,335,000	$	3,400,713
Guardian Life Insurance Co. of America
7.375%, 9/30/39§		1,255,000		1,488,800
Hartford Financial Services Group, Inc.
4.000%, 3/30/15		525,000		537,147
5.500%, 3/30/20		2,462,000		2,503,896
Liberty Mutual Group, Inc.
5.750%, 3/15/14§		840,000		883,022
Lincoln National Corp.
8.750%, 7/1/19		760,000		977,634
6.250%, 2/15/20		50,000		55,936
Markel Corp.
7.125%, 9/30/19		1,473,000		1,666,919
Marsh & McLennan Cos., Inc.
5.375%, 7/15/14		600,000		648,016
Massachusetts Mutual Life Insurance Co.
8.875%, 6/1/39§		1,115,000		1,523,716
Metlife Capital Trust IV
7.875%, 12/15/37§		1,065,000		1,118,250
MetLife, Inc.
2.375%, 2/6/14		200,000		202,118
5.000%, 6/15/15		600,000		665,879
7.717%, 2/15/19		1,648,000		2,097,408
4.750%, 2/8/21		645,000		684,283
5.700%, 6/15/35		300,000		318,916
6.400%, 12/15/36		500,000		467,500
Nationwide Mutual Insurance Co.
9.375%, 8/15/39§		1,975,000		2,332,214
PartnerReinsurance Finance B LLC
5.500%, 6/1/20		150,000		155,946
Principal Financial Group, Inc.
7.875%, 5/15/14		1,600,000		1,895,598
Principal Life Income Funding Trusts
5.300%, 4/24/13		300,000		324,614
Prudential Financial, Inc.
2.750%, 1/14/13		100,000		102,445
5.150%, 1/15/13		2,180,000		2,326,690
5.100%, 9/20/14		300,000		327,926
3.875%, 1/14/15		135,000		141,820
6.200%, 1/15/15		310,000		349,164
6.000%, 12/1/17		276,000		311,488
7.375%, 6/15/19		765,000		931,885
5.700%, 12/14/36		200,000		203,542
8.875%, 6/15/38(l)		1,015,000		1,131,725
Reinsurance Group of America, Inc.
6.450%, 11/15/19		100,000		110,839
Swiss Reinsurance Solutions Holding Corp.
7.000%, 2/15/26		2,030,000		2,236,542
Transatlantic Holdings, Inc.
8.000%, 11/30/39		100,000		104,191
Travelers Cos., Inc.
6.750%, 6/20/36		700,000		864,672
XL Capital Ltd.
5.250%, 9/15/14		1,250,000		1,332,020
Series E
6.500%, 12/29/49(l)		1,440,000		1,188,000

				45,760,765

*Real Estate Investment Trusts (REITs) (0.6%)*
AvalonBay Communities, Inc.
5.700%, 3/15/17		200,000		225,045
6.100%, 3/15/20		200,000		231,611
Digital Realty Trust LP
4.500%, 7/15/15§		200,000		206,485
Entertainment Properties Trust
7.750%, 7/15/20§	$	100,000	$	101,125
ERP Operating LP
5.250%, 9/15/14		1,615,000		1,785,949
5.125%, 3/15/16		600,000		656,973
HCP, Inc.
5.650%, 12/15/13		1,205,000		1,295,011
6.000%, 1/30/17		1,965,000		2,097,510
Health Care REIT, Inc.
6.200%, 6/1/16		2,925,000		3,268,336
Healthcare Realty Trust, Inc.
5.125%, 4/1/14		1,802,000		1,907,588
6.500%, 1/17/17		100,000		108,319
Hospitality Properties Trust
7.875%, 8/15/14		250,000		281,238
Kimco Realty Corp.
6.875%, 10/1/19		200,000		232,867
Liberty Property LP
4.750%, 10/1/20		200,000		201,416
Mack-Cali Realty LP
7.750%, 8/15/19		200,000		238,019
ProLogis
7.625%, 8/15/14		175,000		189,125
5.625%, 11/15/15		800,000		782,650
6.250%, 3/15/17		75,000		73,665
7.375%, 10/30/19		100,000		100,918
6.875%, 3/15/20		105,000		103,227
Simon Property Group LP
4.200%, 2/1/15		90,000		96,573
5.250%, 12/1/16		300,000		335,352
5.650%, 2/1/20		250,000		278,730
4.375%, 3/1/21		2,590,000		2,625,540
6.750%, 2/1/40		100,000		117,922
Ventas Realty LP/Ventas Capital Corp.
6.750%, 4/1/17		480,000		499,189

				18,040,383

*Thrifts & Mortgage Finance (0.0%)*
Countrywide Financial Corp.
6.250%, 5/15/16		756,000		813,671
Western Corporate Federal Credit Union
1.750%, 11/2/12		300,000		306,772

				1,120,443

Total Financials				352,055,640

Health Care (1.5%)
*Biotechnology (0.1%)*
Amgen, Inc.
4.850%, 11/18/14		300,000		339,227
5.700%, 2/1/19		300,000		358,517
4.500%, 3/15/20		50,000		55,390
6.400%, 2/1/39		500,000		605,386
5.750%, 3/15/40		55,000		62,339
Genentech, Inc.
5.250%, 7/15/35		300,000		321,233

				1,742,092

*Health Care Equipment & Supplies (0.1%)*
Baxter FinCo B.V.
4.750%, 10/15/10		1,791,000		1,792,329
Baxter International, Inc.
1.800%, 3/15/13		40,000		40,835
4.625%, 3/15/15		300,000		335,905
4.250%, 3/15/20		100,000		109,009
6.250%, 12/1/37		100,000		121,695

See Notes to Portfolio of Investments.

440

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Covidien International Finance S.A.
1.875%, 6/15/13	$	200,000	$	203,471
6.000%, 10/15/17		600,000		713,412
Hospira, Inc.
6.400%, 5/15/15		45,000		52,151
Mead Johnson Nutrition Co.
3.500%, 11/1/14		100,000		105,476
4.900%, 11/1/19		150,000		164,974
5.900%, 11/1/39		100,000		112,713
Stryker Corp.
3.000%, 1/15/15		100,000		105,298
4.375%, 1/15/20		100,000		109,616

				3,966,884

*Health Care Providers & Services (0.7%)*
Aetna, Inc.
6.000%, 6/15/16		1,080,000		1,267,133
6.750%, 12/15/37		500,000		582,384
Bausch & Lomb, Inc.
9.875%, 11/1/15		780,000		829,725
CIGNA Corp.
5.125%, 6/15/20		1,020,000		1,102,038
7.875%, 5/15/27		100,000		121,007
Coventry Health Care, Inc.
6.300%, 8/15/14		1,495,000		1,600,695
6.125%, 1/15/15		190,000		199,091
5.950%, 3/15/17		485,000		485,180
Express Scripts, Inc.
6.250%, 6/15/14		1,000,000		1,148,103
HCA, Inc.
8.500%, 4/15/19		200,000		223,000
7.875%, 2/15/20		700,000		765,625
Humana, Inc.
6.450%, 6/1/16		215,000		238,681
7.200%, 6/15/18		1,560,000		1,805,951
6.300%, 8/1/18		320,000		349,777
McKesson Corp.
6.500%, 2/15/14		500,000		573,626
Medco Health Solutions, Inc.
7.125%, 3/15/18		100,000		122,808
Quest Diagnostics, Inc.
4.750%, 1/30/20		90,000		94,346
5.750%, 1/30/40		40,000		39,884
UnitedHealth Group, Inc.
5.250%, 3/15/11		1,565,000		1,594,744
6.000%, 2/15/18		2,165,000		2,527,287
6.875%, 2/15/38		500,000		598,238
Universal Health Services, Inc.
7.125%, 6/30/16		1,820,000		1,957,599
WellPoint, Inc.
6.000%, 2/15/14		500,000		566,230
5.875%, 6/15/17		200,000		230,499
7.000%, 2/15/19		1,475,000		1,796,122
4.350%, 8/15/20		2,070,000		2,145,555
5.850%, 1/15/36		100,000		105,162
5.800%, 8/15/40		165,000		172,703

				23,243,193

*Pharmaceuticals (0.6%)*
Abbott Laboratories, Inc.
5.875%, 5/15/16		300,000		360,487
5.600%, 11/30/17		1,000,000		1,192,662
6.000%, 4/1/39		300,000		355,580
AstraZeneca plc
5.400%, 9/15/12		300,000		326,852
5.900%, 9/15/17		700,000		842,587
6.450%, 9/15/37	$	300,000	$	377,695
Bristol-Myers Squibb Co.
5.450%, 5/1/18		300,000		356,634
6.125%, 5/1/38		500,000		600,677
Eli Lilly and Co.
3.550%, 3/6/12		500,000		519,586
5.200%, 3/15/17		200,000		231,879
5.950%, 11/15/37		300,000		351,420
GlaxoSmithKline Capital, Inc.
4.850%, 5/15/13		800,000		879,897
5.650%, 5/15/18		600,000		712,807
6.375%, 5/15/38		300,000		372,920
Johnson & Johnson
5.150%, 7/15/18		300,000		352,673
5.850%, 7/15/38		400,000		485,833
Merck & Co., Inc.
1.875%, 6/30/11		500,000		505,719
4.000%, 6/30/15		200,000		221,275
6.000%, 9/15/17		300,000		364,484
6.400%, 3/1/28		300,000		369,816
6.550%, 9/15/37		200,000		258,473
5.850%, 6/30/39		350,000		421,244
Mylan, Inc.
7.625%, 7/15/17§		155,000		164,881
7.875%, 7/15/20§		910,000		974,838
Novartis Capital Corp.
1.900%, 4/24/13		60,000		61,590
Novartis Securities Investment Ltd.
5.125%, 2/10/19		800,000		918,501
Pfizer, Inc.
4.450%, 3/15/12		500,000		526,316
4.500%, 2/15/14		500,000		551,032
5.350%, 3/15/15		500,000		576,872
6.200%, 3/15/19		500,000		615,628
7.200%, 3/15/39		500,000		680,258
Teva Pharmaceutical Finance Co. LLC
6.150%, 2/1/36		500,000		600,934
Teva Pharmaceutical Finance II B.V./Teva
Pharmaceutical Finance III LLC
3.000%, 6/15/15		100,000		104,609
Teva Pharmaceutical Finance III LLC
1.500%, 6/15/12		100,000		101,236
Watson Pharmaceuticals, Inc.
5.000%, 8/15/14		210,000		228,785
6.125%, 8/15/19		170,000		197,133
Wyeth
5.500%, 3/15/13		300,000		332,103
5.500%, 2/15/16		250,000		292,488
6.000%, 2/15/36		100,000		117,649
5.950%, 4/1/37		500,000		589,887

				18,095,940

Total Health Care				47,048,109

Industrials (1.6%)
*Aerospace & Defense (0.3%)*
Boeing Co.
3.500%, 2/15/15		700,000		757,030
6.000%, 3/15/19		500,000		603,280
4.875%, 2/15/20		110,000		125,659
6.125%, 2/15/33		100,000		118,193
5.875%, 2/15/40		305,000		361,190
General Dynamics Corp.
4.250%, 5/15/13		300,000		326,225

See Notes to Portfolio of Investments.

441

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Goodrich Corp.
4.875%, 3/1/20	$	100,000	$	111,615
Honeywell International, Inc.
4.250%, 3/1/13		800,000		865,454
5.000%, 2/15/19		500,000		577,847
ITT Corp.
4.900%, 5/1/14		65,000		71,540
6.125%, 5/1/19		90,000		106,122
Lockheed Martin Corp.
4.250%, 11/15/19		350,000		381,544
6.150%, 9/1/36		350,000		413,789
5.500%, 11/15/39		250,000		275,604
Northrop Grumman Corp.
3.700%, 8/1/14		150,000		160,870
5.050%, 8/1/19		85,000		96,510
Northrop Grumman Systems Corp.
7.750%, 2/15/31		350,000		480,565
Raytheon Co.
6.400%, 12/15/18		300,000		366,782
4.400%, 2/15/20		100,000		111,349
Rockwell Collins, Inc.
5.250%, 7/15/19		50,000		56,682
United Technologies Corp.
5.375%, 12/15/17		300,000		352,400
6.125%, 2/1/19		500,000		618,589
6.125%, 7/15/38		500,000		603,830

				7,942,669

*Air Freight & Logistics (0.0%)*
FedEx Corp.
8.000%, 1/15/19		500,000		649,150
United Parcel Service, Inc.
4.500%, 1/15/13		300,000		324,638
6.200%, 1/15/38		500,000		616,372

				1,590,160

*Airlines (0.1%)*
Continental Airlines, Inc.
9.000%, 7/8/16		239,895		275,879
Delta Air Lines, Inc.
7.750%, 12/17/19		295,083		323,116
Southwest Airlines Co.
5.250%, 10/1/14		1,520,000		1,644,102
5.750%, 12/15/16		665,000		725,740
UAL Pass Through Trust
Series 2007-1A
6.636%, 7/2/22		573,438		580,606

				3,549,443

*Building Products (0.2%)*
CRH America, Inc.
6.000%, 9/30/16		1,000,000		1,119,613
8.125%, 7/15/18		100,000		120,582
Masco Corp.
4.800%, 6/15/15		1,700,000		1,671,788
6.125%, 10/3/16		1,590,000		1,616,426
Owens Corning, Inc.
6.500%, 12/1/16		1,470,000		1,590,355

				6,118,764

*Commercial Services & Supplies (0.3%)*
Allied Waste North America, Inc.
Series B
7.125%, 5/15/16		340,000		364,225
Avery Dennison Corp.
5.375%, 4/15/20		100,000		110,470
Aviation Capital Group
7.125%, 10/15/20§		875,000		874,974
Browning-Ferris Industries, Inc.
7.400%, 9/15/35	$	723,000	$	895,850
Dartmouth College
4.750%, 6/1/19		50,000		56,665
Johns Hopkins University
5.250%, 7/1/19		225,000		262,334
Pitney Bowes, Inc.
4.750%, 1/15/16		100,000		105,974
5.750%, 9/15/17		231,000		250,655
R.R. Donnelley & Sons Co.
4.950%, 4/1/14		1,093,000		1,134,008
8.600%, 8/15/16		250,000		290,970
11.250%, 2/1/19		1,230,000		1,549,047
Republic Services, Inc.
5.500%, 9/15/19		1,687,000		1,900,393
Vanderbilt University
5.250%, 4/1/19		250,000		289,645
Waste Management, Inc.
5.000%, 3/15/14		100,000		109,999
6.100%, 3/15/18		500,000		580,841
7.000%, 7/15/28		500,000		602,883
Yale University
2.900%, 10/15/14		250,000		264,666

				9,643,599

*Electrical Equipment (0.0%)*
Amphenol Corp.
4.750%, 11/15/14		100,000		108,492
Emerson Electric Co.
4.125%, 4/15/15		100,000		110,203
4.875%, 10/15/19		750,000		854,125
6.125%, 4/15/39		100,000		122,442

				1,195,262

*Industrial Conglomerates (0.2%)*
3M Co.
4.375%, 8/15/13		100,000		110,167
6.375%, 2/15/28		100,000		124,947
Cooper U.S., Inc.
5.250%, 11/15/12		100,000		108,618
General Electric Co.
5.000%, 2/1/13		800,000		868,755
5.250%, 12/6/17		750,000		844,125
Harsco Corp.
2.700%, 10/15/15		100,000		100,449
Ingersoll-Rand Global Holding Co., Ltd.
6.875%, 8/15/18		500,000		607,135
Koninklijke Philips Electronics N.V.
6.875%, 3/11/38		300,000		378,799
Tyco Electronics Group S.A.
6.000%, 10/1/12		450,000		486,633
7.125%, 10/1/37		563,000		665,162
Tyco International Finance S.A.
6.000%, 11/15/13		300,000		340,017
4.125%, 10/15/14		150,000		163,265
3.375%, 10/15/15		100,000		105,529
8.500%, 1/15/19		300,000		397,627

				5,301,228

*Machinery (0.1%)*
Case New Holland, Inc.
7.875%, 12/1/17§		774,000		840,757
Caterpillar, Inc.
6.050%, 8/15/36		385,000		465,580
Danaher Corp.
5.625%, 1/15/18		500,000		594,558

See Notes to Portfolio of Investments.

442

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Deere & Co.
4.375%, 10/16/19	$	200,000	$	220,116
5.375%, 10/16/29		100,000		111,242
Dover Corp.
6.600%, 3/15/38		100,000		128,756
Snap-On, Inc.
6.125%, 9/1/21		200,000		224,637

				2,585,646

*Road & Rail (0.4%)*
Asciano Finance Ltd.
3.125%, 9/23/15§		2,370,000		2,377,357
Burlington Northern Santa Fe LLC
5.750%, 3/15/18		500,000		580,119
4.700%, 10/1/19		325,000		356,958
6.150%, 5/1/37		100,000		114,544
Burlington Resources Finance Co.
7.200%, 8/15/31		100,000		126,016
Canadian National Railway Co.
5.550%, 3/1/19		500,000		592,581
6.200%, 6/1/36		350,000		428,476
Canadian Pacific Railway Co.
6.500%, 5/15/18		229,000		274,596
7.250%, 5/15/19		65,000		80,434
Con-way, Inc.
6.700%, 5/1/34		1,492,000		1,425,704
CSX Corp.
6.250%, 4/1/15		100,000		117,034
7.375%, 2/1/19		1,000,000		1,255,388
6.150%, 5/1/37		100,000		113,752
JB Hunt Transport Services, Inc.
3.375%, 9/15/15		100,000		100,384
Norfolk Southern Corp.
7.700%, 5/15/17		200,000		255,611
5.750%, 4/1/18		500,000		585,504
5.900%, 6/15/19		65,000		77,285
7.800%, 5/15/27		1,000,000		1,336,154
Ryder System, Inc.
7.200%, 9/1/15		684,000		805,234
3.600%, 3/1/16		200,000		203,072
5.850%, 11/1/16		720,000		809,256
Union Pacific Corp.
6.125%, 2/15/20		500,000		600,874
4.000%, 2/1/21		65,000		67,348
6.150%, 5/1/37		100,000		116,029

				12,799,710

Total Industrials				50,726,481

Information Technology (0.7%)
*Communications Equipment (0.2%)*
American Tower Corp.
4.625%, 4/1/15		75,000		79,985
5.050%, 9/1/20		2,195,000		2,248,110
Cisco Systems, Inc.
5.500%, 2/22/16		200,000		235,930
4.950%, 2/15/19		550,000		629,209
4.450%, 1/15/20		500,000		549,386
5.900%, 2/15/39		500,000		577,847
5.500%, 1/15/40		350,000		384,763
Motorola, Inc.
7.625%, 11/15/10		122,000		122,975
6.000%, 11/15/17		300,000		334,895
7.500%, 5/15/25		145,000		171,959
6.500%, 9/1/25		895,000		974,020
Nokia Oyj
5.375%, 5/15/19	$	500,000	$	545,838

				6,854,917

*Computers & Peripherals (0.1%)*
Dell, Inc.
3.375%, 6/15/12		55,000		57,265
5.625%, 4/15/14		200,000		227,521
5.875%, 6/15/19		100,000		116,039
7.100%, 4/15/28		100,000		118,350
6.500%, 4/15/38		300,000		345,109
Hewlett-Packard Co.
4.500%, 3/1/13		600,000		649,360
4.750%, 6/2/14		1,000,000		1,120,902

				2,634,546

*Electronic Equipment, Instruments & Components (0.0%)*
Agilent Technologies, Inc.
5.000%, 7/15/20		368,000		390,479
Arrow Electronics, Inc.
6.000%, 4/1/20		150,000		161,693
Corning, Inc.
6.625%, 5/15/19		20,000		24,213
4.250%, 8/15/20		65,000		68,148
5.750%, 8/15/40		25,000		26,519

				671,052

*IT Services (0.2%)*
Computer Sciences Corp.
5.500%, 3/15/13		1,010,000		1,098,362
Electronic Data Systems Corp.
7.450%, 10/15/29		100,000		133,725
International Business Machines Corp.
4.750%, 11/29/12		300,000		326,195
2.100%, 5/6/13		200,000		206,372
1.000%, 8/5/13		140,000		140,483
5.700%, 9/14/17		1,500,000		1,791,729
5.875%, 11/29/32		100,000		117,743
5.600%, 11/30/39		632,000		727,269

				4,541,878

*Office Electronics (0.1%)*
Xerox Capital Trust I
8.000%, 2/1/27		1,560,000		1,587,244
Xerox Corp.
7.625%, 6/15/13		295,000		298,749
8.250%, 5/15/14		150,000		179,846
4.250%, 2/15/15		250,000		268,424
6.750%, 2/1/17		1,045,000		1,225,260
6.350%, 5/15/18		300,000		348,051
5.625%, 12/15/19		200,000		223,854
6.750%, 12/15/39		100,000		118,268

				4,249,696

*Semiconductors & Semiconductor Equipment (0.0%)*
Analog Devices, Inc.
5.000%, 7/1/14		250,000		274,741
Maxim Integrated Products, Inc.
3.450%, 6/14/13		100,000		102,889

				377,630

*Software (0.1%)*
Adobe Systems, Inc.
3.250%, 2/1/15		100,000		104,642
4.750%, 2/1/20		125,000		134,547
Microsoft Corp.
2.950%, 6/1/14		190,000		201,444
4.200%, 6/1/19		175,000		194,137
5.200%, 6/1/39		150,000		164,749

See Notes to Portfolio of Investments.

443

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Oracle Corp.
5.250%, 1/15/16	$	500,000	$	581,555
5.750%, 4/15/18		800,000		951,213
6.500%, 4/15/38		50,000		62,107
6.125%, 7/8/39		500,000		594,759

				2,989,153

Total Information Technology				22,318,872

Materials (1.7%)
*Chemicals (0.5%)*
Air Products and Chemicals, Inc.
4.375%, 8/21/19		200,000		212,934
Airgas, Inc.
2.850%, 10/1/13		100,000		102,100
Cabot Corp.
5.000%, 10/1/16		200,000		219,007
Dow Chemical Co.
7.600%, 5/15/14		1,411,000		1,648,109
8.550%, 5/15/19		2,786,000		3,517,854
7.375%, 11/1/29		100,000		115,364
9.400%, 5/15/39		135,000		191,090
E.I. du Pont de Nemours & Co.
5.000%, 7/15/13		300,000		334,157
3.250%, 1/15/15		250,000		267,414
5.250%, 12/15/16		100,000		117,122
6.000%, 7/15/18		1,150,000		1,385,230
4.625%, 1/15/20		100,000		111,272
Eastman Chemical Co.
5.500%, 11/15/19		537,000		595,378
Monsanto Co.
7.375%, 8/15/12		100,000		111,265
5.125%, 4/15/18		100,000		113,983
5.875%, 4/15/38		100,000		113,986
Mosaic Co.
7.625%, 12/1/16§		1,200,000		1,301,091
Potash Corp of Saskatchewan, Inc.
5.250%, 5/15/14		80,000		88,844
3.750%, 9/30/15		80,000		82,808
6.500%, 5/15/19		65,000		75,977
4.875%, 3/30/20		70,000		74,415
PPG Industries, Inc.
5.750%, 3/15/13		1,685,000		1,845,412
Praxair, Inc.
2.125%, 6/14/13		100,000		102,804
4.625%, 3/30/15		500,000		561,074
Rohm & Haas Co.
5.600%, 3/15/13		800,000		861,920
Sherwin-Williams Co.
3.125%, 12/15/14		250,000		264,920
Valspar Corp.
7.250%, 6/15/19		200,000		243,705

				14,659,235

*Construction Materials (0.0%)*
Holcim U.S. Finance S.a.r.l & Cie S.C.S.
6.000%, 12/30/19§		217,000		236,784
Lafarge S.A.
6.150%, 7/15/11		783,000		806,720

				1,043,504

*Containers & Packaging (0.0%)*
Bemis Co., Inc.
5.650%, 8/1/14		55,000		62,165
6.800%, 8/1/19		45,000		53,658
Packaging Corp. of America
5.750%, 8/1/13	$	1,675,000	$	1,811,241

				1,927,064

*Metals & Mining (1.0%)*
Alcoa, Inc.
6.000%, 7/15/13		300,000		326,361
6.750%, 7/15/18		1,860,000		2,004,379
5.870%, 2/23/22		720,000		708,231
5.900%, 2/1/27		300,000		295,649
5.950%, 2/1/37		1,475,000		1,357,585
Allegheny Technologies, Inc.
9.375%, 6/1/19		150,000		181,285
Anglo American Capital plc
9.375%, 4/8/19§		2,055,000		2,771,110
ArcelorMittal S.A.
5.375%, 6/1/13		300,000		322,113
9.000%, 2/15/15		225,000		271,526
6.125%, 6/1/18		2,920,000		3,158,027
9.850%, 6/1/19		250,000		321,326
Barrick (PD) Australian Finance Pty Ltd.
5.950%, 10/15/39		200,000		226,900
Barrick Gold Corp.
6.950%, 4/1/19		250,000		317,779
Barrick N.A. Finance LLC
7.500%, 9/15/38		300,000		396,204
BHP Billiton Finance USA Ltd.
4.800%, 4/15/13		300,000		326,186
5.500%, 4/1/14		500,000		562,621
7.250%, 3/1/16		3,028,000		3,651,305
5.400%, 3/29/17		200,000		228,176
6.500%, 4/1/19		500,000		613,664
Cliffs Natural Resources, Inc.
4.800%, 10/1/20		55,000		55,827
Freeport-McMoRan Copper & Gold, Inc.
8.375%, 4/1/17		1,000,000		1,116,250
Newmont Mining Corp.
5.125%, 10/1/19		300,000		335,600
6.250%, 10/1/39		325,000		372,583
Nucor Corp.
5.750%, 12/1/17		300,000		353,206
Rio Tinto Finance USA Ltd.
5.875%, 7/15/13		300,000		334,371
8.950%, 5/1/14		315,000		388,914
6.500%, 7/15/18		2,410,000		2,906,250
9.000%, 5/1/19		703,000		981,023
7.125%, 7/15/28		400,000		505,993
Southern Copper Corp.
5.375%, 4/16/20		55,000		58,228
6.750%, 4/16/40		55,000		60,049
Steel Capital S.A. for OAO Severstal
9.750%, 7/29/13§		945,000		1,042,335
United States Steel Corp.
5.650%, 6/1/13		2,434,000		2,537,445
Vale Overseas Ltd.
6.250%, 1/23/17		500,000		572,333
6.875%, 11/21/36		600,000		685,475
6.875%, 11/10/39		170,000		194,813

				30,541,122

*Paper & Forest Products (0.2%)*
International Paper Co.
5.300%, 4/1/15		590,000		641,680
7.950%, 6/15/18		1,795,000		2,176,885
7.500%, 8/15/21		949,000		1,135,301

See Notes to Portfolio of Investments.

444

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Westvaco Corp.
8.200%, 1/15/30	$	1,130,000	$	1,235,889

				5,189,755

Total Materials				53,360,680

Telecommunication Services (1.6%)
*Diversified Telecommunication Services (1.3%)*
AT&T Corp.
7.300%, 11/15/11		1,000,000		1,071,003
8.000%, 11/15/31		14,000		18,728
AT&T, Inc.
4.950%, 1/15/13		300,000		325,991
4.850%, 2/15/14		500,000		553,705
5.100%, 9/15/14		300,000		336,836
5.625%, 6/15/16		600,000		696,949
5.800%, 2/15/19		850,000		1,013,235
6.500%, 9/1/37		250,000		289,238
6.300%, 1/15/38		700,000		790,628
6.400%, 5/15/38		300,000		342,870
6.550%, 2/15/39		750,000		872,230
5.350%, 9/1/40§		1,811,000		1,819,532
BellSouth Capital Funding Corp.
7.875%, 2/15/30		500,000		623,881
British Telecommunications plc
9.375%, 12/15/10		2,240,000		2,275,374
9.875%, 12/15/30		500,000		696,182
CenturyLink, Inc.
7.600%, 9/15/39		500,000		489,216
Deutsche Telekom International Finance B.V.
5.250%, 7/22/13		500,000		548,448
4.875%, 7/8/14		250,000		274,871
6.000%, 7/8/19		200,000		237,973
8.750%, 6/15/30		700,000		980,177
Embarq Corp.
7.082%, 6/1/16		3,000,000		3,334,215
7.995%, 6/1/36		100,000		106,323
France Telecom S.A.
4.375%, 7/8/14		500,000		551,231
8.500%, 3/1/31		600,000		867,822
Pacific Bell Telephone Co.
6.625%, 10/15/34		1,970,000		2,099,484
Qwest Corp.
7.875%, 9/1/11		1,540,000		1,630,475
8.875%, 3/15/12		920,000		1,009,700
7.500%, 10/1/14		1,525,000		1,723,250
8.375%, 5/1/16		165,000		195,113
Telecom Italia Capital S.A.
5.250%, 11/15/13		300,000		322,319
6.175%, 6/18/14		2,035,000		2,244,178
5.250%, 10/1/15		600,000		647,481
7.175%, 6/18/19		1,645,000		1,930,727
7.721%, 6/4/38		850,000		959,894
Telefonica Emisiones S.A.U.
2.582%, 4/26/13		200,000		203,701
4.949%, 1/15/15		130,000		142,244
3.729%, 4/27/15		185,000		193,464
6.421%, 6/20/16		500,000		586,034
5.877%, 7/15/19		195,000		223,145
5.134%, 4/27/20		265,000		288,302
7.045%, 6/20/36		300,000		359,219
Verizon Communications, Inc.
7.375%, 9/1/12		600,000		672,449
5.250%, 4/15/13		1,000,000		1,103,491
5.500%, 2/15/18		1,000,000		1,150,659
6.100%, 4/15/18	$	300,000	$	356,751
6.350%, 4/1/19		500,000		610,155
7.750%, 12/1/30		700,000		903,750
6.400%, 2/15/38		850,000		983,091
6.900%, 4/15/38		100,000		121,566
Windstream Corp.
7.875%, 11/1/17		710,000		740,175

				40,517,475

*Wireless Telecommunication Services (0.3%)*
America Movil S.A.B. de C.V.
5.625%, 11/15/17		500,000		564,108
5.000%, 3/30/20		2,289,000		2,468,771
6.375%, 3/1/35		100,000		113,752
Cellco Partnership/Verizon Wireless Capital LLC
5.550%, 2/1/14		1,000,000		1,130,855
8.500%, 11/15/18		750,000		1,021,223
New Cingular Wireless Services, Inc.
8.125%, 5/1/12		300,000		333,287
Rogers Communications, Inc.
6.800%, 8/15/18		600,000		741,196
7.500%, 8/15/38		100,000		130,982
U.S. Cellular Corp.
6.700%, 12/15/33		905,000		950,080
Vodafone Group plc
5.000%, 12/16/13		300,000		329,807
4.150%, 6/10/14		400,000		432,031
5.625%, 2/27/17		600,000		686,611
5.450%, 6/10/19		200,000		231,448
6.150%, 2/27/37		500,000		585,535

				9,719,686

Total Telecommunication Services				50,237,161

Utilities (1.9%)
*Electric Utilities (1.2%)*
Allegheny Energy Supply Co. LLC
5.750%, 10/15/19§		2,250,000		2,327,245
Ameren Corp.
8.875%, 5/15/14		1,400,000		1,621,810
Ameren Energy Generating Co.
6.300%, 4/1/20		100,000		98,828
American Transmission Systems, Inc.
5.250%, 1/15/22§		705,000		779,796
Appalachian Power Co.
7.000%, 4/1/38		250,000		309,543
Arizona Public Service Co.
8.750%, 3/1/19		500,000		656,902
Baltimore Gas & Electric Co.
6.125%, 7/1/13		500,000		559,834
Carolina Power & Light Co.
6.300%, 4/1/38		500,000		614,888
CenterPoint Energy Houston Electric LLC
7.000%, 3/1/14		500,000		589,917
Columbus Southern Power Co.
Series C
5.500%, 3/1/13		300,000		329,456
Commonwealth Edison Co.
4.000%, 8/1/20		160,000		167,721
6.450%, 1/15/38		200,000		239,921
Consolidated Edison Co. of New York, Inc.
Series 02-B
7.125%, 12/1/18		1,000,000		1,286,619
Series 08-B
6.300%, 8/15/37		100,000		120,134

See Notes to Portfolio of Investments.

445

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Series 09-C
6.750%, 4/1/38	$	100,000	$	127,993
Consumers Energy Co.
6.700%, 9/15/19		500,000		626,895
Duke Energy Carolinas LLC
6.050%, 4/15/38		500,000		595,952
Series C
7.000%, 11/15/18		500,000		638,179
Duke Energy Corp.
5.650%, 6/15/13		600,000		668,231
3.350%, 4/1/15		100,000		105,517
Duke Energy Indiana, Inc.
6.450%, 4/1/39		155,000		194,826
Duke Energy Ohio, Inc.
5.700%, 9/15/12		300,000		325,479
Entergy Gulf States Louisiana LLC
5.590%, 10/1/24		90,000		102,446
Exelon Corp.
4.900%, 6/15/15		300,000		328,809
Exelon Generation Co. LLC
6.200%, 10/1/17		500,000		586,199
6.250%, 10/1/39		300,000		321,573
FirstEnergy Corp.
Series B
6.450%, 11/15/11		123,000		128,893
Series C
7.375%, 11/15/31		975,000		1,059,382
FirstEnergy Solutions Corp.
4.800%, 2/15/15		200,000		214,971
6.050%, 8/15/21		400,000		427,332
6.800%, 8/15/39		278,000		280,149
Florida Power & Light Co.
5.950%, 2/1/38		350,000		411,596
5.960%, 4/1/39		175,000		206,708
5.690%, 3/1/40		50,000		57,509
Florida Power Corp.
5.650%, 6/15/18		500,000		589,773
4.550%, 4/1/20		50,000		55,629
5.650%, 4/1/40		75,000		85,157
FPL Group Capital, Inc.
5.625%, 9/1/11		805,000		839,865
2.550%, 11/15/13		50,000		51,224
6.000%, 3/1/19		500,000		579,783
Georgia Power Co.
4.250%, 12/1/19		205,000		220,828
5.950%, 2/1/39		750,000		871,388
Indiana Michigan Power Co.
7.000%, 3/15/19		500,000		613,950
Interstate Power and Light Co.
6.250%, 7/15/39		60,000		71,497
MidAmerican Energy Co.
5.750%, 11/1/35		100,000		111,599
MidAmerican Energy Holdings Co.
3.150%, 7/15/12		225,000		232,635
5.875%, 10/1/12		600,000		651,074
6.125%, 4/1/36		300,000		343,213
5.950%, 5/15/37		100,000		112,486
6.500%, 9/15/37		300,000		360,239
Nevada Power Co.
6.500%, 8/1/18		300,000		362,999
Northern States Power Co.
1.950%, 8/15/15		100,000		101,128
5.250%, 3/1/18		300,000		346,305
5.350%, 11/1/39		40,000		44,178
NSTAR
4.500%, 11/15/19	$	100,000	$	110,226
NSTAR Electric Co.
5.500%, 3/15/40		50,000		56,882
Ohio Power Co.
5.375%, 10/1/21		200,000		228,139
Oncor Electric Delivery Co. LLC
6.375%, 5/1/12		100,000		108,917
7.000%, 9/1/22		500,000		628,100
Pacific Gas & Electric Co.
8.250%, 10/15/18		1,000,000		1,328,516
6.050%, 3/1/34		300,000		340,096
PacifiCorp
5.650%, 7/15/18		500,000		594,452
6.000%, 1/15/39		300,000		353,382
Portland General Electric Co.
6.100%, 4/15/19		250,000		303,379
PPL Electric Utilities Corp.
6.250%, 5/15/39		30,000		36,524
PPL Energy Supply LLC
6.500%, 5/1/18		100,000		115,716
PSEG Power LLC
2.500%, 4/15/13		75,000		77,065
5.125%, 4/15/20		80,000		87,956
Public Service Co. of Colorado
5.125%, 6/1/19		50,000		57,563
6.500%, 8/1/38		500,000		633,538
Public Service Co. of Oklahoma
5.150%, 12/1/19		75,000		82,053
Public Service Electric & Gas Co.
5.375%, 9/1/13		300,000		334,853
5.300%, 5/1/18		500,000		571,293
Puget Sound Energy, Inc.
5.757%, 10/1/39		250,000		271,205
5.795%, 3/15/40		100,000		109,107
5.764%, 7/15/40		100,000		108,678
San Diego Gas & Electric Co.
6.000%, 6/1/39		30,000		36,440
South Carolina Electric & Gas Co.
6.050%, 1/15/38		100,000		117,396
Southern California Edison Co.
5.750%, 3/15/14		600,000		689,495
5.950%, 2/1/38		100,000		118,456
6.050%, 3/15/39		500,000		601,892
5.500%, 3/15/40		100,000		113,764
Southern Co.
5.300%, 1/15/12		500,000		526,801
4.150%, 5/15/14		75,000		81,252
Southern Natural Gas Co.
5.900%, 4/1/17§		500,000		548,821
Southwestern Electric Power Co.
6.200%, 3/15/40		50,000		53,635
SPI Electricity & Gas Australia Holdings Pty Ltd.
6.150%, 11/15/13§		1,185,000		1,308,484
Tampa Electric Co.
6.100%, 5/15/18		100,000		118,211
Toledo Edison Co.
6.150%, 5/15/37		500,000		555,015
TransAlta Corp.
6.500%, 3/15/40		70,000		75,955
Union Electric Co.
6.700%, 2/1/19		550,000		668,677
8.450%, 3/15/39		200,000		294,454
Virginia Electric & Power Co.
8.875%, 11/15/38		300,000		456,548

See Notes to Portfolio of Investments.

446

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Series A
4.750%, 3/1/13	$	300,000	$	324,520
6.000%, 5/15/37		100,000		118,121
Series B
5.000%, 6/30/19		200,000		227,777
Wisconsin Electric Power Co.
4.250%, 12/15/19		100,000		109,412
Wisconsin Power & Light Co.
5.000%, 7/15/19		100,000		114,358

				37,553,327

*Gas Utilities (0.1%)*
Boardwalk Pipelines LP
5.750%, 9/15/19		200,000		221,810
DCP Midstream LLC
5.350%, 3/15/20§		670,000		724,819
EQT Corp.
8.125%, 6/1/19		1,410,000		1,748,121
ONEOK, Inc.
6.000%, 6/15/35		100,000		103,426
Williams Partners LP
3.800%, 2/15/15		100,000		105,223
5.250%, 3/15/20		1,168,000		1,269,704
6.300%, 4/15/40		140,000		154,331

				4,327,434

*Independent Power Producers & Energy Traders (0.2%)*
AES Corp.
7.750%, 3/1/14		555,000		593,850
7.750%, 10/15/15		355,000		379,850
NRG Energy, Inc.
7.250%, 2/1/14		1,425,000		1,462,406
RRI Energy, Inc.
7.625%, 6/15/14		515,000		509,850
Tennessee Valley Authority
5.500%, 7/18/17		600,000		723,029
6.150%, 1/15/38		1,500,000		1,952,582
5.250%, 9/15/39		425,000		493,269

				6,114,836

*Multi-Utilities (0.4%)*
Alliant Energy Corp.
4.000%, 10/15/14		100,000		105,097
Avista Corp.
5.125%, 4/1/22		115,000		127,192
CenterPoint Energy Resources Corp.
7.875%, 4/1/13		300,000		345,450
6.000%, 5/15/18		500,000		575,047
CMS Energy Corp.
8.750%, 6/15/19		915,000		1,092,528
Dominion Resources, Inc.
5.000%, 12/1/14		300,000		336,256
8.875%, 1/15/19		500,000		680,134
5.200%, 8/15/19		210,000		240,136
5.950%, 6/15/35		100,000		113,565
DTE Energy Co.
7.625%, 5/15/14		75,000		89,171
6.350%, 6/1/16		300,000		350,937
National Grid plc
6.300%, 8/1/16		500,000		590,241
NiSource Finance Corp.
7.875%, 11/15/10		660,000		664,565
10.750%, 3/15/16		1,000,000		1,320,882
6.800%, 1/15/19		1,385,000		1,642,816
5.450%, 9/15/20		100,000		108,384
6.125%, 3/1/22		100,000		113,222
Sempra Energy
6.000%, 2/1/13	$	300,000	$	329,690
6.500%, 6/1/16		590,000		705,912
Veolia Environnement
6.000%, 6/1/18		885,000		1,022,905
Wisconsin Energy Corp.
6.250%, 5/15/67(l)		765,000		730,575

				11,284,705

Total Utilities				59,280,302

Total Corporate Bonds				833,515,292

Government Securities (66.0%)
*Agency ABS (2.4%)*
Federal Farm Credit Bank
1.110%, 6/14/12	$	200,000		200,966
0.287%, 9/20/12(l)		15,100,000		15,094,745
0.790%, 9/27/12		100,000		100,054
0.267%, 11/13/12(l)		13,200,000		13,187,579
1.400%, 10/28/13		100,000		100,076
2.620%, 6/15/15		100,000		101,422
Federal Home Loan Bank
1.125%, 5/18/12		500,000		505,239
0.875%, 7/20/12		200,000		200,049
1.750%, 8/22/12		2,000,000		2,045,602
4.500%, 11/15/12		2,000,000		2,164,420
0.850%, 12/21/12		100,000		100,016
1.625%, 3/20/13		500,000		511,409
1.000%, 5/24/13		100,000		100,005
1.875%, 6/21/13		500,000		515,212
1.125%, 8/16/13		200,000		200,013
Federal Home Loan Mortgage Corp.
0.900%, 12/23/11		100,000		100,119
1.125%, 4/25/12		200,000		202,093
1.000%, 7/26/12		200,000		200,303
1.375%, 1/9/13		2,000,000		2,033,354
1.125%, 1/14/13		500,000		501,472
1.300%, 7/26/13		600,000		601,181
1.500%, 7/26/13		400,000		400,978
1.150%, 8/23/13		100,000		100,137
2.125%, 10/7/13		125,000		125,762
1.500%, 10/28/13		100,000		100,293
1.400%, 11/18/13		200,000		201,231
1.625%, 1/21/14		100,000		100,858
1.450%, 2/24/14		200,000		200,672
1.350%, 3/28/14		200,000		200,544
2.875%, 2/9/15		750,000		798,449
2.750%, 7/7/15		100,000		100,461
2.375%, 7/28/15		500,000		502,936
2.250%, 8/12/15		100,000		101,253
2.250%, 8/18/15		100,000		100,204
2.000%, 8/25/15		100,000		100,375
2.125%, 8/25/15		200,000		200,940
Federal National Mortgage Association
1.000%, 4/4/12		650,000		655,344
1.250%, 6/22/12		500,000		506,432
1.000%, 7/27/12		100,000		100,034
0.800%, 8/16/12		200,000		200,170
0.850%, 8/17/12		100,000		100,122
0.287%, 9/17/12(l)		18,950,000		18,943,671
1.000%, 11/19/12		100,000		100,069
1.750%, 2/22/13		2,000,000		2,050,896
1.100%, 4/29/13		200,000		200,567
1.375%, 7/19/13		500,000		502,540

See Notes to Portfolio of Investments.

447

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
1.250%, 7/29/13	$	400,000	$	401,504
1.300%, 8/9/13		100,000		100,226
1.250%, 8/16/13		300,000		300,667
1.350%, 8/16/13		100,000		100,243
1.250%, 8/23/13		400,000		400,652
1.200%, 9/27/13		300,000		300,783
1.125%, 9/30/13		3,000,000		3,022,563
1.125%, 10/8/13		200,000		200,099
1.000%, 10/15/13		200,000		199,482
1.500%, 2/4/14		100,000		100,352
1.350%, 2/24/14		200,000		200,451
1.550%, 8/12/14		200,000		200,271
1.750%, 8/18/14		100,000		100,967
3.125%, 1/21/15		100,000		100,721
2.000%, 2/5/15		100,000		100,135
2.150%, 8/4/15		100,000		100,481
2.000%, 8/5/15		200,000		202,195
2.125%, 8/5/15		100,000		101,190
2.150%, 8/12/15		200,000		200,307
2.000%, 8/24/15		200,000		201,469
2.000%, 9/30/15		500,000		499,699
1.875%, 10/15/15		200,000		199,881
2.600%, 1/27/16		100,000		100,132
2.000%, 3/28/16		100,000		100,224
2.250%, 3/28/16		100,000		100,314
2.350%, 9/23/16		100,000		100,663
4.000%, 1/20/17		750,000		757,663
4.000%, 9/30/25		100,000		99,961

				74,053,562

*Agency CMO (0.4%)*
Federal Home Loan Mortgage Corp.
3.531%, 6/25/20		3,313,345		3,404,980
Federal National Mortgage Association
0.556%, 10/25/35(l)		2,775,339		2,768,730
0.676%, 6/25/36(l)		2,732,146		2,729,638
0.766%, 6/25/36(l)		2,315,216		2,314,032

				11,217,380

*Foreign Governments (1.7%)*
Canadian Government Bond
2.375%, 9/10/14		700,000		733,466
Croatia Government International Bond
6.750%, 11/5/19§		2,610,000		2,851,425
Export-Import Bank of Korea
8.125%, 1/21/14		1,500,000		1,760,625
5.875%, 1/14/15		100,000		111,760
4.125%, 9/9/15		250,000		262,591
Federative Republic of Brazil
10.250%, 6/17/13		1,000,000		1,247,500
8.000%, 1/15/18		1,041,667		1,245,312
8.875%, 10/14/19		800,000		1,126,000
8.875%, 4/15/24		600,000		880,500
10.125%, 5/15/27		1,100,000		1,771,000
8.250%, 1/20/34		3,090,000		4,495,950
11.000%, 8/17/40		500,000		692,500
5.625%, 1/7/41		300,000		329,250
Oesterreichische Kontrollbank AG
4.750%, 10/16/12		800,000		862,946
5.000%, 4/25/17		500,000		578,809
Province of British Columbia
2.850%, 6/15/15		150,000		159,516
Province of Manitoba
5.000%, 2/15/12		600,000		636,118
Province of Nova Scotia
5.125%, 1/26/17		300,000		349,338
Province of Ontario
2.625%, 1/20/12	$	1,500,000	$	1,537,958
4.950%, 6/1/12		500,000		534,963
4.100%, 6/16/14		1,000,000		1,098,532
4.950%, 11/28/16		600,000		695,229
4.000%, 10/7/19		400,000		431,788
Province of Quebec
4.875%, 5/5/14		600,000		676,250
4.625%, 5/14/18		600,000		683,457
7.125%, 2/9/24		500,000		690,789
7.500%, 9/15/29		500,000		728,499
Republic of Chile
5.500%, 1/15/13		500,000		545,735
Republic of Italy
4.375%, 6/15/13		1,000,000		1,060,132
5.250%, 9/20/16		1,300,000		1,431,876
6.875%, 9/27/23		1,000,000		1,213,110
Republic of Korea
5.750%, 4/16/14		500,000		560,571
7.125%, 4/16/19		500,000		637,034
Republic of Panama
5.200%, 1/30/20		350,000		387,625
7.125%, 1/29/26		200,000		254,000
8.875%, 9/30/27		200,000		290,500
9.375%, 4/1/29		150,000		227,250
6.700%, 1/26/36		300,000		368,250
Republic of Peru
8.375%, 5/3/16		750,000		948,750
7.125%, 3/30/19		3,910,000		4,897,275
6.550%, 3/14/37		300,000		363,750
Republic of Poland
3.875%, 7/16/15		2,083,000		2,166,649
5.000%, 10/19/15		1,000,000		1,092,629
6.375%, 7/15/19		480,000		567,419
Republic of South Africa
6.875%, 5/27/19		300,000		366,750
5.875%, 5/30/22		700,000		808,500
Russian Federation
7.500%, 3/31/30(e)(m)		1,996,400		2,384,101
State of Israel
5.125%, 3/1/14		100,000		110,770
5.125%, 3/26/19		450,000		498,110
United Mexican States
6.375%, 1/16/13		300,000		334,050
5.875%, 2/17/14		750,000		847,500
5.625%, 1/15/17		1,100,000		1,258,400
5.950%, 3/19/19		1,000,000		1,173,500
8.300%, 8/15/31		700,000		999,250
6.050%, 1/11/40		1,100,000		1,259,500

				54,225,057

*Municipal Bonds (0.5%)*
Bay Area Toll Authority California State
6.793%, 4/1/30		100,000		106,113
6.918%, 4/1/40		100,000		108,370
6.263%, 4/1/49		300,000		334,851
7.043%, 4/1/50		200,000		220,316
Central Puget Sound Washington Regional Transportation Authority
5.491%, 11/1/39		200,000		219,078
City & County of Denver, Colorado
5.650%, 8/1/30		100,000		103,475
City of Chicago, Illinois
6.845%, 1/1/38		125,000		131,273
6.395%, 1/1/40		70,000		74,362

See Notes to Portfolio of Investments.

448

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
Clark County, Nevada Airport
6.881%, 7/1/42	$	200,000	$	208,310
Los Angeles, California Community College District
6.600%, 8/1/42		100,000		110,350
6.750%, 8/1/49		200,000		223,730
Los Angeles, California Unified School District
5.755%, 7/1/29		100,000		102,281
5.750%, 7/1/34		250,000		252,550
6.758%, 7/1/34		190,000		215,483
Massachusetts State Water Pollution Abatement
5.192%, 8/1/40		145,000		151,293
Metropolitan Government of Nashville & Davidson County Convention Center Authority
6.731%, 7/1/43		150,000		161,162
Metropolitan Transportation Authority
6.548%, 11/15/31		100,000		108,237
6.648%, 11/15/39		100,000		108,802
6.668%, 11/15/39		75,000		81,921
6.687%, 11/15/40		1,000,000		1,091,790
Metropolitan Washington Airports Authority
7.462%, 10/1/46		290,000		311,272
Municipal Electric Authority of Georgia
6.637%, 4/1/57		125,000		134,398
7.055%, 4/1/57		200,000		195,380
New Jersey Economic Development Authority Series A
7.425%, 2/15/29		450,000		525,735
New Jersey Transportation Trust Fund Authority
6.561%, 12/15/40		100,000		112,541
New York City Municipal Water Finance Authority
5.724%, 6/15/42		125,000		134,373
6.011%, 6/15/42		35,000		39,027
New York City Transitional Finance Authority
5.508%, 8/1/37		300,000		311,865
New York State Dormitory Authority
5.500%, 3/15/30		100,000		105,018
5.600%, 3/15/40		100,000		105,762
New York State Urban Development Corp.
5.770%, 3/15/39		60,000		63,584
North Texas Tollway Authority, Class B
6.718%, 1/1/49		288,000		314,433
Ohio State University
4.910%, 6/1/40		200,000		203,886
Pennsylvania State Turnpike Commission
5.511%, 12/1/45		225,000		226,152
5.561%, 12/1/49		300,000		301,614
Salt River Project Agricultural Improvement & Power District
4.839%, 1/1/41		60,000		60,401
San Diego County, California Water Authority
6.138%, 5/1/49		100,000		111,005
San Francisco City & County Public Utilities Commission
6.000%, 11/1/40		400,000		418,080
State of California
7.550%, 4/1/39		1,390,000		1,511,639
7.350%, 11/1/39		200,000		213,458
State of Georgia
4.503%, 11/1/25		100,000		108,717
State of Illinois
2.766%, 1/1/12		100,000		100,821
3.321%, 1/1/13		100,000		101,534
4.071%, 1/1/14		100,000		103,372
4.421%, 1/1/15		100,000		104,216
5.100%, 6/1/33		1,600,000		1,342,400
6.630%, 2/1/35	$	500,000	$	491,635
State of Massachusetts
5.456%, 12/1/39		250,000		271,272
State of New York
5.206%, 10/1/31		150,000		146,662
State of Utah
4.554%, 7/1/24		180,000		193,226
State of Washington
5.090%, 8/1/33		100,000		106,028
5.481%, 8/1/39		200,000		216,902
5.140%, 8/1/40		100,000		104,239
State Public School Building Authority of Pennsylvania
5.000%, 9/15/27		100,000		100,348
Texas State Transportation Commission
5.178%, 4/1/30		600,000		644,850
University of Texas
4.794%, 8/15/46		180,000		182,732
Virginia Commonwealth Transportation Board
5.350%, 5/15/35		400,000		431,944

				14,264,268

*Supranational (1.3%)*
African Development Bank
1.875%, 1/23/12		1,000,000		1,017,478
3.000%, 5/27/14		1,000,000		1,068,870
Asian Development Bank
4.250%, 10/20/14		600,000		670,272
5.500%, 6/27/16		2,375,000		2,857,313
Corp. Andina de Fomento
5.750%, 1/12/17		500,000		545,255
8.125%, 6/4/19		150,000		186,725
Eksportfinans A/S
5.500%, 5/25/16		4,910,000		5,734,355
European Investment Bank
1.750%, 9/14/12		1,000,000		1,023,261
3.250%, 5/15/13		1,000,000		1,063,232
4.250%, 7/15/13		1,600,000		1,746,790
3.000%, 4/8/14		1,000,000		1,064,927
3.125%, 6/4/14		500,000		536,108
2.875%, 1/15/15		1,000,000		1,063,727
4.875%, 1/17/17		600,000		701,052
5.125%, 5/30/17		1,300,000		1,545,787
4.875%, 2/15/36		1,225,000		1,365,903
Export Development Canada
1.750%, 9/24/12		1,000,000		1,022,600
3.500%, 5/16/13		600,000		642,335
Inter-American Development Bank
4.375%, 9/20/12		600,000		643,122
4.750%, 10/19/12		1,000,000		1,082,393
3.500%, 3/15/13		1,000,000		1,066,843
5.125%, 9/13/16		1,840,000		2,174,030
3.875%, 2/14/20		1,000,000		1,101,915
International Bank for Reconstruction & Development
2.000%, 4/2/12		2,000,000		2,047,858
5.000%, 4/1/16		600,000		700,934
9.250%, 7/15/17		865,000		1,232,937
4.750%, 2/15/35		100,000		114,834
International Finance Corp.
3.000%, 4/22/14		1,275,000		1,364,060
Japan Finance Corp.
4.250%, 6/18/13		600,000		652,905
Korea Development Bank
5.300%, 1/17/13		600,000		640,708

See Notes to Portfolio of Investments.

449

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
4.375%, 8/10/15	$	115,000	$	121,990
Nordic Investment Bank
3.625%, 6/17/13		600,000		643,877
2.625%, 10/6/14		300,000		315,359
5.000%, 2/1/17		1,540,000		1,802,279
Svensk Exportkredit AB
5.125%, 3/1/17		300,000		348,110

				39,910,144

*U.S. Government Agencies (31.4%)*
Federal Farm Credit Bank
1.125%, 10/3/11		200,000		201,389
1.875%, 12/7/12		300,000		307,829
2.625%, 4/17/14		1,000,000		1,054,036
Federal Home Loan Bank
4.875%, 11/18/11		2,000,000		2,100,862
2.250%, 4/13/12		2,000,000		2,054,702
1.875%, 6/20/12		500,000		511,764
1.875%, 11/19/12		1,500,000		1,503,041
1.625%, 11/21/12		650,000		664,133
5.125%, 8/14/13		1,300,000		1,461,174
4.000%, 9/6/13		1,600,000		1,745,349
2.500%, 10/15/13		1,000,000		1,000,681
5.250%, 6/18/14		4,000,000		4,609,324
5.500%, 8/13/14		1,300,000		1,514,999
4.750%, 12/16/16		500,000		581,695
4.875%, 5/17/17		1,500,000		1,757,562
5.000%, 11/17/17		2,000,000		2,369,102
5.500%, 7/15/36		300,000		366,998
Federal Home Loan Mortgage Corp.
1.125%, 12/15/11		600,000		605,360
2.125%, 3/23/12		3,000,000		3,073,671
2.000%, 4/27/12		400,000		403,372
1.750%, 6/15/12		1,000,000		1,021,515
4.125%, 12/21/12		5,000,000		5,383,045
2.500%, 4/8/13		1,000,000		1,010,594
3.750%, 6/28/13		1,000,000		1,082,587
4.500%, 1/15/14		5,000,000		5,570,640
2.500%, 4/23/14		1,000,000		1,051,184
5.000%, 7/15/14		2,000,000		2,280,320
3.000%, 12/30/14		200,000		201,372
4.750%, 11/17/15		3,000,000		3,467,697
5.500%, 7/18/16		1,000,000		1,203,182
5.000%, 4/18/17		400,000		471,381
5.125%, 11/17/17		2,500,000		2,966,530
4.250%, 12/12/18		1,000,000		1,037,602
3.750%, 3/27/19		1,725,000		1,875,686
4.500%, 12/1/19		4,939,617		5,241,975
5.000%, 12/1/21		4,201,071		4,493,340
5.500%, 8/1/22		609,021		657,028
6.000%, 9/1/22		493,301		533,132
5.500%, 1/1/23		490,812		527,354
5.500%, 2/1/23		367,257		394,601
5.000%, 5/1/23		667,257		707,423
5.000%, 7/1/23		1,263,375		1,339,424
5.000%, 11/1/23		867,273		919,479
5.500%, 12/1/23		783,127		843,809
5.000%, 1/1/24		1,243,827		1,318,699
4.000%, 2/1/24		795,847		832,313
6.000%, 2/1/24		660,806		715,400
5.000%, 3/1/24		530,877		562,833
5.000%, 4/1/24		1,337,182		1,417,674
4.000%, 7/1/24		4,920,974		5,149,175
4.500%, 7/1/24		5,741,219		6,037,923
6.000%, 10/1/24		1,265,750		1,365,972
4.500%, 2/1/25	$	1,986,521	$	2,087,942
4.000%, 3/1/25		3,777,989		3,946,375
6.750%, 3/15/31		600,000		839,470
6.250%, 7/15/32		300,000		402,831
2.704%, 3/1/34(l)		844,160		885,859
5.500%, 1/1/35		2,125,234		2,272,838
5.500%, 7/1/35		4,875,323		5,223,832
4.500%, 8/1/35		1,731,514		1,813,761
4.500%, 9/1/35		1,570,291		1,644,678
4.500%, 10/1/35		3,818,175		3,995,959
5.000%, 11/1/35		8,698,644		9,183,525
5.000%, 12/1/35		3,618,526		3,820,230
3.450%, 4/1/36(l)		3,858,278		4,055,421
6.000%, 6/1/36		13,832,185		14,963,073
5.000%, 10/1/36		14,973,649		15,784,092
6.500%, 11/1/36		6,985,245		7,627,015
5.500%, 12/1/36		243,268		258,947
5.570%, 12/1/36(l)		3,280,315		3,470,575
7.000%, 2/1/37		6,693,151		7,383,643
5.500%, 3/1/37		762,435		810,862
4.500%, 4/1/37		1,659,193		1,743,968
5.752%, 5/1/37(l)		3,236,807		3,457,312
6.000%, 5/1/37		505,190		543,336
5.420%, 11/1/37(l)		1,011,350		1,068,184
5.500%, 11/1/37		282,083		299,735
5.231%, 1/1/38(l)		4,294,607		4,503,478
5.500%, 4/1/38		10,455,102		11,145,302
5.500%, 5/1/38		6,155,728		6,531,324
4.500%, 6/1/38		5,594,658		5,855,159
5.500%, 7/1/38		636,839		675,696
6.000%, 7/1/38		2,013,035		2,180,762
5.500%, 8/1/38		1,086,646		1,151,929
6.000%, 8/1/38		404,157		433,285
5.500%, 9/1/38		439,396		465,794
6.000%, 9/1/38		282,708		303,083
5.500%, 10/1/38		1,688,186		1,789,610
6.000%, 10/1/38		42,339		45,390
5.000%, 11/1/38		2,084,886		2,203,708
5.500%, 11/1/38		4,932,114		5,228,426
6.000%, 11/1/38		10,074,080		10,800,123
5.500%, 1/1/39		12,024,969		12,822,563
4.500%, 2/1/39		3,366,704		3,502,424
5.000%, 3/1/39		1,828,146		1,936,906
4.000%, 5/1/39		4,638,468		4,764,938
4.500%, 6/1/39		4,623,905		4,810,306
4.000%, 7/1/39		4,918,554		5,052,661
4.500%, 7/1/39		4,643,191		4,830,369
5.000%, 7/1/39		7,479,342		7,856,523
5.000%, 9/1/39		1,443,530		1,523,995
4.500%, 10/1/39		12,165,434		12,670,253
4.500%, 2/1/40		6,334,522		6,627,037
5.000%, 7/1/40		4,965,765		5,242,568
4.500%, 9/1/40		1,497,403		1,557,767
4.000%, 10/1/40		2,000,000		2,054,531
Federal National Mortgage Association
1.000%, 11/23/11		585,000		589,323
2.000%, 1/9/12		3,000,000		3,060,816
5.000%, 2/16/12		2,600,000		2,761,460
1.875%, 4/20/12		750,000		766,376
1.750%, 8/10/12		2,000,000		2,045,072
1.875%, 10/29/12		600,000		600,564
1.750%, 12/28/12		200,000		201,518
1.500%, 7/19/13		500,000		501,020
4.625%, 10/15/13		5,200,000		5,783,632
2.750%, 2/5/14		3,000,000		3,174,333

See Notes to Portfolio of Investments.

450

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
3.000%, 9/16/14	$	1,000,000	$	1,069,129
3.000%, 10/29/14		1,500,000		1,502,994
2.625%, 11/20/14		750,000		790,721
4.375%, 10/15/15		3,000,000		3,402,504
5.000%, 2/13/17		1,000,000		1,173,928
5.000%, 5/11/17		1,600,000		1,884,243
5.500%, 6/1/22		544,691		586,139
5.500%, 9/1/22		97,698		105,285
6.000%, 9/1/22		11,307		12,237
4.500%, 4/1/23		7,268,724		7,701,157
5.000%, 5/1/23		4,652,930		4,934,469
5.500%, 5/1/23		4,170,239		4,487,569
4.500%, 6/1/23		2,910,079		3,075,022
5.000%, 6/1/23		3,355,459		3,558,490
5.500%, 9/1/23		1,160,001		1,248,270
5.500%, 10/1/23		37,949		40,861
6.000%, 12/1/23		1,064,838		1,150,441
4.000%, 2/1/24		2,813,129		2,942,906
4.000%, 6/1/24		10,998,705		11,499,232
4.500%, 7/1/24		5,100,722		5,367,513
9.000%, 8/1/26		3,619		4,159
6.500%, 12/1/28		2,449,435		2,727,431
6.250%, 5/15/29		19,700,000		25,752,766
7.125%, 1/15/30		1,100,000		1,573,382
6.625%, 11/15/30		3,000,000		4,127,250
5.500%, 4/1/33		7,275,622		7,808,789
5.500%, 7/1/33		2,614,808		2,806,424
5.000%, 11/1/33		6,653,289		7,055,866
5.500%, 11/1/33		1,364,585		1,464,796
4.662%, 3/1/34(l)		1,871,361		1,958,588
5.500%, 4/1/34		1,209,403		1,297,841
5.500%, 5/1/34		748,023		802,722
5.500%, 11/1/34		3,550,051		3,805,765
5.500%, 2/1/35		24,200,800		25,966,703
5.000%, 4/1/35		5,359,624		5,673,037
6.000%, 4/1/35		7,810,487		8,541,500
5.000%, 6/1/35		3,830,859		4,058,466
5.000%, 7/1/35		5,876,924		6,231,606
4.500%, 8/1/35		7,468,404		7,836,974
5.000%, 8/1/35		7,399,455		7,827,525
4.500%, 9/1/35		4,918,637		5,173,180
5.500%, 10/1/35		1,500,272		1,605,526
5.500%, 12/1/35		7,336,212		7,844,016
5.419%, 1/1/36(l)		3,916,714		4,183,538
5.000%, 2/1/36		14,706,645		15,548,257
6.000%, 5/1/36		21,515		23,287
5.500%, 6/1/36		23,437,577		25,015,953
5.000%, 7/1/36		1,722,048		1,822,748
5.500%, 7/1/36		35,461		37,849
6.000%, 7/1/36		38,215		41,362
6.000%, 8/1/36		41,887		45,232
6.000%, 9/1/36		4,689,547		5,064,218
6.500%, 9/1/36		12,423,122		13,627,582
5.500%, 11/1/36		36,360		38,741
6.500%, 11/1/36		512,737		560,846
5.500%, 1/1/37		2,737,662		2,913,899
6.500%, 1/1/37		333,259		364,112
5.941%, 2/1/37(l)		1,279,224		1,346,995
5.500%, 3/1/37		2,817,062		3,011,937
6.000%, 3/1/37		12,798		13,796
6.000%, 5/1/37		40,111		43,363
6.000%, 6/1/37		584,390		628,858
6.000%, 7/1/37		545,221		586,709
4.149%, 8/1/37(l)		1,128,255		1,194,540
6.000%, 8/1/37		26,886,998		28,932,932
5.369%, 9/1/37(l)	$	1,298,861	$	1,368,291
6.000%, 9/1/37		547,477		589,137
5.559%, 10/1/37(l)		3,019,114		3,187,410
6.000%, 10/1/37		18,234,412		19,621,529
6.500%, 10/1/37		601,279		655,816
6.000%, 11/1/37		11,071,264		11,903,339
6.500%, 11/1/37		782,305		853,586
6.500%, 12/1/37		132,520		144,540
5.000%, 2/1/38		4,738,596		5,026,059
4.500%, 3/1/38		25,906		27,028
5.500%, 3/1/38		3,162,817		3,361,976
5.500%, 5/1/38		3,590,000		3,816,058
4.500%, 6/1/38		61,849		64,528
5.500%, 6/1/38		15,340,000		16,327,514
4.964%, 7/1/38(l)		4,747,886		5,016,723
5.500%, 7/1/38		17,298,683		18,382,555
6.000%, 7/1/38		35,053		37,851
6.000%, 9/1/38		115,331		124,083
6.500%, 9/1/38		289,563		315,646
6.000%, 11/1/38		3,228,483		3,469,420
6.500%, 11/1/38		466,064		508,046
6.000%, 12/1/38		88,685		95,211
4.500%, 1/1/39		27,739		28,906
5.000%, 1/1/39		8,593,202		9,087,647
5.483%, 1/1/39(l)		664,350		709,608
5.595%, 1/1/39(l)		3,402,526		3,620,065
4.000%, 2/1/39		227,297		234,675
5.000%, 3/1/39		4,345,379		4,614,420
4.500%, 5/1/39		4,582,307		4,815,181
4.000%, 6/1/39		3,816,919		3,928,892
4.500%, 6/1/39		9,173,110		9,559,026
4.000%, 7/1/39		2,293,098		2,360,368
4.500%, 7/1/39		11,517,450		12,001,993
4.000%, 8/1/39		9,103,232		9,370,284
4.500%, 8/1/39		942,700		982,359
5.000%, 8/1/39		5,691,362		5,990,382
4.000%, 9/1/39		3,384,621		3,483,912
4.500%, 9/1/39		9,548,357		10,009,736
5.000%, 10/1/39		1,380,615		1,453,151
4.500%, 1/1/40		4,832,573		5,091,757
4.500%, 2/1/40		2,910,945		3,058,880
4.500%, 5/1/40		4,916,381		5,141,651
4.500%, 6/1/40		6,936,083		7,227,886
4.000%, 10/25/25 TBA		2,000,000		2,087,812
6.000%, 10/25/40 TBA		2,000,000		2,147,969
Government National Mortgage Association
8.500%, 10/15/17		1,506		1,680
8.500%, 11/15/17		5,622		6,269
8.000%, 7/15/26		374		429
6.500%, 9/15/36		142,367		157,476
5.500%, 4/15/37		657,599		711,234
5.500%, 5/15/37		147,585		159,068
6.500%, 5/15/37		302,893		334,094
6.500%, 9/15/37		135,640		149,612
6.500%, 10/15/37		151,175		167,266
6.000%, 1/15/38		1,022,094		1,110,568
5.500%, 2/15/38		8,900,449		9,629,173
5.500%, 4/15/38		565,799		608,765
6.000%, 4/15/38		29,754		32,315
5.500%, 6/15/38		1,474,632		1,586,613
6.500%, 6/15/38		207,928		229,996
5.500%, 7/15/38		439,804		473,201
6.000%, 7/15/38		2,999,162		3,263,357
5.500%, 8/15/38		1,015,174		1,091,947
6.000%, 8/15/38		704,192		764,598

See Notes to Portfolio of Investments.

451

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
6.500%, 8/15/38	$	877,610	$	966,469
6.000%, 9/15/38		914,534		992,984
6.500%, 9/15/38		1,141,430		1,256,509
6.000%, 10/15/38		5,439,217		5,905,799
6.500%, 10/15/38		964,332		1,061,556
6.000%, 11/15/38		1,435,275		1,558,395
5.500%, 12/15/38		5,029,793		5,411,399
6.000%, 12/15/38		2,681,742		2,911,785
6.500%, 12/15/38		1,420,495		1,565,485
5.500%, 1/15/39		2,571,082		2,765,521
6.000%, 1/15/39		492,625		534,883
5.000%, 2/15/39		8,640,687		9,204,694
4.500%, 4/15/39		223,424		235,442
4.500%, 5/15/39		5,560,583		5,884,009
4.500%, 6/15/39		8,077,428		8,511,905
5.000%, 6/15/39		956,918		1,029,547
6.000%, 6/15/39		76,084		82,610
4.500%, 7/15/39		2,998,618		3,159,911
5.500%, 7/15/39		123,190		132,507
6.000%, 8/15/39		76,425		82,981
4.000%, 9/15/39		3,932,584		4,074,218
4.500%, 9/15/39		2,847,210		3,000,359
5.000%, 9/15/39		18,984,248		20,296,689
5.500%, 10/15/39		3,411,152		3,670,186
6.000%, 10/15/39		120,857		131,225
4.500%, 12/15/39		4,879,908		5,163,743
4.500%, 1/15/40		1,920,877		2,024,199
5.000%, 1/15/40		9,690,846		10,380,940
4.500%, 2/15/40		5,921,685		6,253,177
5.000%, 2/15/40		966,629		1,029,724
4.500%, 5/15/40		4,945,142		5,240,499
4.500%, 8/15/40		2,995,841		3,161,666
5.000%, 10/15/40 TBA		3,000,000		3,194,532

				981,981,710

*U.S. Treasuries (28.3%)*
U.S. Treasury Bonds
11.250%, 2/15/15		1,700,000		2,439,367
9.875%, 11/15/15		1,500,000		2,136,680
9.250%, 2/15/16		5,000,000		7,039,455
7.250%, 5/15/16		3,300,000		4,327,382
7.500%, 11/15/16		1,000,000		1,338,984
8.750%, 5/15/17		2,000,000		2,871,718
9.125%, 5/15/18		1,000,000		1,508,125
9.000%, 11/15/18		2,000,000		3,032,188
8.875%, 2/15/19		2,500,000		3,778,710
8.125%, 8/15/19		3,300,000		4,827,022
3.625%, 2/15/20		19,015,000		20,855,595
8.500%, 2/15/20		4,000,000		6,037,500
8.750%, 8/15/20		4,600,000		7,108,435
7.875%, 2/15/21		2,500,000		3,704,297
8.125%, 5/15/21		1,500,000		2,264,532
8.125%, 8/15/21		1,000,000		1,515,469
8.000%, 11/15/21		4,800,000		7,239,749
7.250%, 8/15/22		1,000,000		1,449,844
7.125%, 2/15/23		3,000,000		4,326,564
6.250%, 8/15/23		1,500,000		2,031,563
7.625%, 2/15/25		2,000,000		3,070,312
6.000%, 2/15/26		3,000,000		4,050,936
6.750%, 8/15/26		1,700,000		2,472,703
6.625%, 2/15/27		1,900,000		2,741,937
6.125%, 11/15/27		2,500,000		3,451,952
5.500%, 8/15/28		1,600,000		2,075,250
5.250%, 11/15/28		2,900,000		3,663,970
5.250%, 2/15/29		2,200,000		2,780,250
6.125%, 8/15/29	$	2,500,000	$	3,478,515
5.375%, 2/15/31		2,000,000		2,575,000
4.500%, 2/15/36		22,050,000		25,354,060
4.750%, 2/15/37		1,300,000		1,554,110
5.000%, 5/15/37		1,200,000		1,490,063
4.375%, 2/15/38		2,500,000		2,817,187
4.500%, 5/15/38		2,500,000		2,875,390
3.500%, 2/15/39		4,000,000		3,870,000
4.250%, 5/15/39		7,000,000		7,695,625
4.500%, 8/15/39		7,000,000		8,015,000
4.375%, 11/15/39		7,300,000		8,189,688
4.625%, 2/15/40		19,520,000		22,807,910
4.375%, 5/15/40		2,000,000		2,246,260
U.S. Treasury Notes
1.000%, 10/31/11		5,000,000		5,037,305
4.625%, 10/31/11		2,000,000		2,093,204
1.750%, 11/15/11		5,000,000		5,080,080
0.750%, 11/30/11		3,000,000		3,015,117
4.500%, 11/30/11		2,000,000		2,097,032
1.125%, 12/15/11		3,500,000		3,533,768
1.000%, 12/31/11		6,000,000		6,050,628
1.125%, 1/15/12		5,000,000		5,051,560
0.875%, 1/31/12		5,000,000		5,035,940
4.750%, 1/31/12		5,000,000		5,296,680
1.375%, 2/15/12		5,000,000		5,071,680
4.875%, 2/15/12		3,300,000		3,505,478
0.875%, 2/29/12		10,000,000		10,076,200
1.375%, 3/15/12		5,000,000		5,076,955
1.000%, 3/31/12		5,000,000		5,049,400
1.375%, 4/15/12		2,000,000		2,031,954
1.000%, 4/30/12		10,000,000		10,100,800
1.375%, 5/15/12		3,000,000		3,048,633
0.750%, 5/31/12		8,000,000		8,047,840
4.750%, 5/31/12		5,000,000		5,363,670
1.875%, 6/15/12		5,000,000		5,128,320
3.000%, 7/15/12 TIPS		8,235,000		10,602,930
0.625%, 7/31/12		5,000,000		5,020,900
4.625%, 7/31/12		600,000		646,758
1.750%, 8/15/12		3,500,000		3,587,910
4.375%, 8/15/12		2,000,000		2,149,766
4.125%, 8/31/12		1,000,000		1,071,055
1.375%, 9/15/12		5,000,000		5,091,990
0.375%, 9/30/12		5,000,000		4,994,530
1.375%, 10/15/12		5,000,000		5,093,750
1.375%, 11/15/12		8,000,000		8,154,376
4.000%, 11/15/12		3,300,000		3,551,625
1.125%, 12/15/12		7,000,000		7,098,434
3.625%, 12/31/12		4,000,000		4,283,436
1.375%, 1/15/13		5,000,000		5,098,830
1.375%, 2/15/13		6,000,000		6,120,468
3.875%, 2/15/13		5,300,000		5,728,971
2.750%, 2/28/13		4,000,000		4,217,812
1.375%, 3/15/13		5,000,000		5,102,750
3.125%, 4/30/13		2,500,000		2,667,382
1.375%, 5/15/13		7,000,000		7,146,580
3.500%, 5/31/13		2,000,000		2,158,124
3.375%, 6/30/13		4,000,000		4,307,500
1.000%, 7/15/13		5,000,000		5,054,700
3.375%, 7/31/13		3,000,000		3,237,186
4.250%, 8/15/13		7,500,000		8,283,398
3.125%, 8/31/13		5,000,000		5,362,500
3.125%, 9/30/13		4,300,000		4,615,783
2.750%, 10/31/13		3,000,000		3,190,314
4.250%, 11/15/13		4,000,000		4,445,000
2.000%, 11/30/13		6,000,000		6,245,628

See Notes to Portfolio of Investments.

452

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Principal Amount		Value (Note 1)
1.500%, 12/31/13	$	7,000,000	$	7,174,454
1.750%, 1/31/14		9,500,000		9,810,232
4.000%, 2/15/14		4,000,000		4,433,436
1.875%, 2/28/14		8,500,000		8,811,448
1.750%, 3/31/14		7,000,000		7,227,500
1.875%, 4/30/14		5,000,000		5,184,765
4.750%, 5/15/14		6,000,000		6,847,500
2.250%, 5/31/14		5,500,000		5,779,296
2.625%, 6/30/14		7,000,000		7,452,263
2.625%, 7/31/14		32,545,000		34,645,161
4.250%, 8/15/14		5,600,000		6,314,437
2.375%, 8/31/14		4,000,000		4,220,312
2.375%, 9/30/14		5,000,000		5,277,345
2.375%, 10/31/14		7,500,000		7,916,018
4.250%, 11/15/14		5,000,000		5,668,360
2.125%, 11/30/14		5,000,000		5,225,780
2.625%, 12/31/14		3,500,000		3,728,319
2.250%, 1/31/15		11,000,000		11,543,125
4.000%, 2/15/15		4,700,000		5,284,929
2.375%, 2/28/15		6,500,000		6,856,460
2.500%, 3/31/15		47,440,000		50,304,902
2.500%, 4/30/15		2,500,000		2,650,390
2.125%, 5/31/15		27,985,000		29,176,601
1.750%, 7/31/15		15,825,000		16,205,750
4.250%, 8/15/15		6,300,000		7,200,213
1.250%, 9/30/15		3,000,000		2,995,314
4.500%, 11/15/15		3,000,000		3,481,407
4.500%, 2/15/16		5,000,000		5,801,560
2.625%, 2/29/16		6,000,000		6,376,404
2.375%, 3/31/16		750,000		786,387
5.125%, 5/15/16		1,000,000		1,197,500
3.250%, 5/31/16		2,000,000		2,189,376
3.250%, 7/31/16		800,000		875,562
4.875%, 8/15/16		1,600,000		1,899,374
3.000%, 8/31/16		4,000,000		4,315,000
3.000%, 9/30/16		4,500,000		4,852,971
3.125%, 10/31/16		5,000,000		5,426,955
2.750%, 11/30/16		3,000,000		3,187,500
3.250%, 12/31/16		5,500,000		6,002,304
3.125%, 1/31/17		5,500,000		5,959,767
4.625%, 2/15/17		1,600,000		1,880,750
3.000%, 2/28/17		5,000,000		5,377,345
3.250%, 3/31/17		3,000,000		3,271,875
3.125%, 4/30/17		5,000,000		5,410,545
4.500%, 5/15/17		4,000,000		4,675,312
2.750%, 5/31/17		5,000,000		5,289,455
4.750%, 8/15/17		2,800,000		3,324,345
4.250%, 11/15/17		3,300,000		3,818,460
3.500%, 2/15/18		5,000,000		5,521,875
3.875%, 5/15/18		5,800,000		6,548,560
4.000%, 8/15/18		4,200,000		4,776,190
3.750%, 11/15/18		6,400,000		7,150,003
2.750%, 2/15/19		6,000,000		6,224,532
3.125%, 5/15/19		10,000,000		10,625,780
3.625%, 8/15/19		9,250,000		10,172,114
3.375%, 11/15/19		19,890,000		21,426,821
3.500%, 5/15/20		3,500,000		3,799,145

				885,811,411

Total Government Securities				2,061,463,532

Total Long-Term Debt Securities (98.6%) (Cost $2,871,700,044)				3,079,856,274


	Number of Shares		Value (Note 1)
PREFERRED STOCKS:
Financials (0.0%)
*Diversified Financial Services* (*0.0%*)
Citigroup Capital XII
8.500%(l)		41,000	$	1,082,810

*Thrifts & Mortgage Finance* (*0.0%*)
Fannie Mae
8.250%(l)*		32,375		14,083
Freddie Mac
8.375%(l)*		24,725		10,632

				24,715

Total Preferred Stocks (0.0%) (Cost $2,452,500)				1,107,525

COMMON STOCK:
Information Technology (0.0%)
*Computers & Peripherals* (*0.0%*)
Axiohm Transaction Solutions, Inc.(b)† (Cost $523,826)*		4,056	$	—


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Government Securities (0.3%)
Federal Home Loan Bank
0.00%, 10/1/10 (o)(p)	$	8,400,000		8,400,000

Time Deposit (1.0%)
JPMorgan Chase Nassau
0.000%, 10/1/10		30,757,786		30,757,786

Total Short-Term Investments (1.3%) (Amortized Cost $39,157,786)				39,157,786

Total Investments (99.9%) (Cost/Amortized Cost $2,913,834,156)				3,120,121,585
Other Assets Less Liabilities (0.1%)				4,127,302

Net Assets (100%)			$	3,124,248,887

*	Non-income producing.

†	Securities (totaling $0 or 0.0% of net assets) at fair value by management.

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2010, the market value of these securities amounted to $74,412,646 or 2.4% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied upon when determining liquidity.

(b)

Illiquid Security.

(e)

Step Bond - Coupon rate increases in increments to maturity. Rate disclosed is as of September 30, 2010. Maturity date disclosed is the ultimate maturity date.

(l)

Floating Rate Security. Rate disclosed is as of September 30, 2010.

(m)

See Notes to Portfolio of Investments.

453

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

(o)

Discount Note Security. Effective rate calculated as of September 30, 2010.

(p)

Yield to maturity.

Glossary:

ABS — Asset-Backed Security

CMO — Collateralized Mortgage Obligation

EUR — European Currency Unit

TBA — Security is subject to delayed delivery.

TIPS — Treasury Inflation Protected Security

At September 30, 2010, the Portfolio had outstanding foreign currency contracts to buy/sell foreign currencies as follows: (Note 1)


	Counterparty		Local Contract Sell Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Sell Contract
European Union Euro vs. U.S. Dollar, expiring 10/28/10		Morgan Stanley		496	$	627,774	$	675,462	$	(47,688	)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Asset-Backed and Mortgage-Backed Securities
Asset-Backed Securities	$	—	$	21,552,831	$	—	$	21,552,831
Non-Agency CMO		—		163,324,619		—		163,324,619
Common Stocks
Information Technology		—		—		—		—
Corporate Bonds
Consumer Discretionary		—		74,274,785		—		74,274,785
Consumer Staples		—		43,448,387		—		43,448,387
Energy		—		80,764,875		—		80,764,875
Financials		—		352,055,640		—		352,055,640
Health Care		—		47,048,109		—		47,048,109
Industrials		—		50,726,481		—		50,726,481
Information Technology		—		22,318,872		—		22,318,872
Materials		—		53,360,680		—		53,360,680
Telecommunication Services		—		50,237,161		—		50,237,161
Utilities		—		59,280,302		—		59,280,302
Government Securities
Agency ABS		—		74,053,562		—		74,053,562
Agency CMO		—		11,217,380		—		11,217,380
Foreign Governments		—		54,225,057		—		54,225,057

See Notes to Portfolio of Investments.

454

EQ ADVISORS TRUST

EQ/QUALITY BOND PLUS PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)			Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Municipal Bonds	$	—	$	14,264,268		$	—	$	14,264,268
Supranational		—		39,910,144			—		39,910,144
U.S. Government Agencies		—		981,981,710			—		981,981,710
U.S. Treasuries		—		885,811,411			—		885,811,411
Preferred Stocks
Financials		1,107,525		—			—		1,107,525
Short-Term Investments		—		39,157,786			—		39,157,786

Total Assets	$	1,107,525	$	3,119,014,060		$	—	$	3,120,121,585

Liabilities:
Forward Currency Contracts	$	—	$	(47,688	)	$	—	$	(47,688	)

Total Liabilities	$	—	$	(47,688	)	$	—	$	(47,688	)

Total	$	1,107,525	$	3,118,966,372		$	—	$	3,120,073,897

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	1,414,459,859
Long-term U.S. Treasury securities		520,330,176

	$	1,934,790,035

Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	1,869,872,868
Long-term U.S. Treasury securities		567,752,066

	$	2,437,624,934

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	215,149,127
Aggregate gross unrealized depreciation		(10,495,440	)

Net unrealized appreciation	$	204,653,687

Federal income tax cost of investments	$	2,915,467,898

See Notes to Portfolio of Investments.

455

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (13.8%)
*Auto Components* (*0.9%*)
American Axle & Manufacturing Holdings, Inc.*		62,775	$	566,231
Cooper Tire & Rubber Co.		55,722		1,093,823
Dana Holding Corp.*		118,365		1,458,257
Dorman Products, Inc.*		10,700		329,774
Drew Industries, Inc.*		18,670		389,456
Exide Technologies, Inc.*		60,600		290,274
Fuel Systems Solutions, Inc.*		11,658		455,944
Modine Manufacturing Co.*		39,726		515,246
Standard Motor Products, Inc.		17,181		180,916
Superior Industries International, Inc.		16,146		279,003
Tenneco, Inc.*		52,397		1,517,941

				7,076,865

*Automobiles* (*0.0%*)
Winnebago Industries, Inc.*		18,846		196,375

*Distributors* (*0.1%*)
Audiovox Corp., Class A*		20,901		142,963
Core-Mark Holding Co., Inc.*		8,500		263,160

				406,123

*Diversified Consumer Services* (*1.3%*)
American Public Education, Inc.*		16,907		555,564
Bridgepoint Education, Inc.*		12,904		199,496
Capella Education Co.*		12,845		997,029
Coinstar, Inc.*		28,586		1,228,912
Corinthian Colleges, Inc.*		76,921		539,985
Grand Canyon Education, Inc.*		24,848		544,917
K12, Inc.*		21,984		638,195
Lincoln Educational Services Corp.*		13,200		190,212
Mac-Gray Corp.		14,347		174,029
Matthews International Corp., Class A		26,639		941,955
Pre-Paid Legal Services, Inc.*		5,500		343,695
Regis Corp.		53,252		1,018,711
Sotheby’s, Inc.		53,202		1,958,898
Steiner Leisure Ltd.*		13,032		496,519
Stewart Enterprises, Inc., Class A		69,487		374,535
Universal Technical Institute, Inc.		19,093		373,268

				10,575,920

*Hotels, Restaurants & Leisure* (*2.4%*)
AFC Enterprises, Inc.*		20,300		251,720
Ambassadors Group, Inc.		18,284		207,341
Ameristar Casinos, Inc.		22,251		388,280
Biglari Holdings, Inc.*		1,491		490,017
BJ’s Restaurants, Inc.*		13,634		383,934
Bob Evans Farms, Inc.		27,190		763,223
Boyd Gaming Corp.*		43,200		313,200
Buffalo Wild Wings, Inc.*		16,900		809,341
California Pizza Kitchen, Inc.*		15,972		272,482
CEC Entertainment, Inc.*		18,498		635,036
Cheesecake Factory, Inc.*		56,521		1,496,111
Churchill Downs, Inc.		6,793		242,646
Cracker Barrel Old Country Store, Inc.		20,623		1,046,824
Denny’s Corp.*		79,400		246,934
DineEquity, Inc.*		16,481		741,315
Domino’s Pizza, Inc.*		31,513		416,602
Einstein Noah Restaurant Group, Inc.*		709		7,516
Gaylord Entertainment Co.*		27,776		847,168
Interval Leisure Group, Inc.*		36,800		495,696
Isle of Capri Casinos, Inc.*		19,700	$	141,052
Jack in the Box, Inc.*		43,339		929,188
Life Time Fitness, Inc.*		37,500		1,480,125
Orient-Express Hotels Ltd., Class A*		71,509		797,325
P.F. Chang’s China Bistro, Inc		22,760		1,051,512
Papa John’s International, Inc.*		17,571		463,523
Peet’s Coffee & Tea, Inc.*		12,568		430,203
Pinnacle Entertainment, Inc.*		55,600		619,940
Ruby Tuesday, Inc.*		49,828		591,458
Scientific Games Corp., Class A*		52,100		505,370
Shuffle Master, Inc.*		59,049		496,602
Sonic Corp.*		51,138		413,195
Texas Roadhouse, Inc.*		39,618		557,029
Vail Resorts, Inc.*		26,794		1,005,311

				19,537,219

*Household Durables* (*0.7%*)
American Greetings Corp., Class A		42,357		787,417
Beazer Homes USA, Inc.*		51,600		213,108
Blyth, Inc.		4,800		197,952
Ethan Allen Interiors, Inc.		21,554		376,333
Furniture Brands International, Inc.*		34,100		183,458
Helen of Troy Ltd.*		28,998		733,359
Hooker Furniture Corp.		1,960		22,795
Hovnanian Enterprises, Inc., Class A*		53,685		210,982
iRobot Corp.*		15,900		295,263
La-Z-Boy, Inc.*		49,009		413,636
Meritage Homes Corp.*		29,039		569,745
National Presto Industries, Inc.		3,572		380,311
Ryland Group, Inc.		40,456		724,971
Sealy Corp.*		63,330		154,525
Standard Pacific Corp.*		93,615		371,652

				5,635,507

*Internet & Catalog Retail* (*0.4%*)
Blue Nile, Inc.*		10,768		479,068
Drugstore.Com, Inc.*		75,200		144,384
HSN, Inc.*		36,968		1,105,343
NutriSystem, Inc.		29,067		559,249
Orbitz Worldwide, Inc.*		32,831		206,835
Overstock.com, Inc.*		12,900		202,788
PetMed Express, Inc.		18,009		315,158
Shutterfly, Inc.*		21,797		566,504

				3,579,329

*Leisure Equipment & Products* (*0.8%*)
Brunswick Corp.		82,858		1,261,099
Callaway Golf Co.		52,763		369,341
Eastman Kodak Co.*		249,591		1,048,282
JAKKS Pacific, Inc.*		21,998		388,045
Polaris Industries, Inc.		25,351		1,650,350
Pool Corp.		42,178		846,512
RC2 Corp.*		15,807		331,157
Smith & Wesson Holding Corp.*		48,135		171,361

				6,066,147

*Media* (*1.2%*)
Arbitron, Inc.		24,981		698,719
Ascent Media Corp., Class A*		13,131		350,729
Belo Corp., Class A*		76,323		473,203
Cinemark Holdings, Inc.		45,678		735,416
CKX, Inc.*		49,418		242,148
Dex One Corp.*		40,100		492,428
Entercom Communications Corp., Class A*		23,900		187,854
EW Scripps Co., Class A*		27,900		219,852
Harte-Hanks, Inc.		36,841		429,934

See Notes to Portfolio of Investments.

456

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Journal Communications, Inc., Class A*		1,360	$	6,134
Knology, Inc.*		36,304		487,563
LIN TV Corp., Class A*		5,129		22,773
Lions Gate Entertainment Corp.*		54,500		400,575
Live Nation Entertainment, Inc.*		116,413		1,150,160
McClatchy Co., Class A*		52,600		206,718
National CineMedia, Inc.		38,023		680,612
Playboy Enterprises, Inc., Class B*		1,417		7,283
PRIMEDIA, Inc.		3,602		13,688
ReachLocal, Inc.*		16,100		221,858
Scholastic Corp.		22,160		616,491
Sinclair Broadcast Group, Inc., Class A*		36,300		254,826
SuperMedia, Inc.*		10,300		108,871
Valassis Communications, Inc.*		44,834		1,519,424
Value Line, Inc.		2,481		34,411
Warner Music Group Corp.*		49,200		221,400
World Wrestling Entertainment, Inc., Class A		19,862		276,280

				10,059,350

*Multiline Retail (0.4%)*
99 Cents Only Stores*		41,149		776,893
Dillard’s, Inc., Class A		42,333		1,000,752
Fred’s, Inc., Class A		35,015		413,177
Saks, Inc.*		110,616		951,298

				3,142,120

*Specialty Retail (3.4%)*
AnnTaylor Stores Corp.*		54,504		1,103,161
Asbury Automotive Group, Inc.*		30,242		425,505
Barnes & Noble, Inc.		30,900		500,889
bebe stores, Inc.		37,500		270,375
Big 5 Sporting Goods Corp.		11,938		160,208
Borders Group, Inc.*		81,131		96,546
Brown Shoe Co., Inc.		39,863		457,229
Buckle, Inc.		23,389		620,744
Cabela’s, Inc.*		35,935		682,046
Cato Corp., Class A		23,623		632,151
Charming Shoppes, Inc.*		107,653		378,939
Children’s Place Retail Stores, Inc.*		21,690		1,057,821
Christopher & Banks Corp.		29,600		234,136
Citi Trends, Inc.*		15,079		365,063
Coldwater Creek, Inc.*		47,200		248,744
Collective Brands, Inc.*		60,250		972,435
Conn’s, Inc.*		15,400		71,610
Dress Barn, Inc.*		50,712		1,204,410
DSW, Inc., Class A*		10,100		289,870
Express, Inc.*		14,300		217,503
Finish Line, Inc., Class A		40,613		564,927
Genesco, Inc.*		20,857		623,207
Group 1 Automotive, Inc.*		19,837		592,730
Gymboree Corp.*		26,615		1,105,587
hhgregg, Inc.*		11,300		279,788
Hibbett Sports, Inc.*		24,155		602,667
Jo-Ann Stores, Inc.*		23,333		1,039,485
Jos. A. Bank Clothiers, Inc.*		23,587		1,005,042
Kirkland’s, Inc.*		13,400		185,724
Lumber Liquidators Holdings, Inc.*		14,176		348,304
Men’s Wearhouse, Inc.		45,251		1,076,521
Monro Muffler Brake, Inc.		14,403		664,122
OfficeMax, Inc.*		70,987		929,220
Pacific Sunwear of California, Inc.*		52,300		273,529
Penske Automotive Group, Inc.*		35,500		468,600
PEP Boys-Manny, Moe & Jack		39,777		420,841
Pier 1 Imports, Inc.*		98,656	$	807,993
Rent-A-Center, Inc.		51,803		1,159,351
Rue21, Inc.*		11,800		304,558
Sally Beauty Holdings, Inc.*		88,901		995,691
Select Comfort Corp.*		43,800		296,964
Sonic Automotive, Inc., Class A*		22,725		223,387
Stage Stores, Inc.		36,374		472,862
Systemax, Inc.		14,000		171,920
Talbots, Inc.*		56,300		737,530
Ulta Salon Cosmetics & Fragrance, Inc.*		26,325		768,690
Vitamin Shoppe, Inc.*		12,800		351,360
Wet Seal, Inc., Class A*		90,801		307,815
Zumiez, Inc.*		16,900		357,604

				27,125,404

*Textiles, Apparel & Luxury Goods (2.2%)*
American Apparel, Inc.*		38,853		47,789
Carter’s, Inc.*		46,172		1,215,709
Cherokee, Inc.		8,679		158,305
Columbia Sportswear Co.		9,634		563,011
Crocs, Inc.*		77,134		1,003,513
Deckers Outdoor Corp.*		35,403		1,768,734
G-III Apparel Group Ltd.*		12,100		379,698
Iconix Brand Group, Inc.*		66,531		1,164,293
Jones Apparel Group, Inc.		79,494		1,561,262
K-Swiss, Inc., Class A*		21,600		275,400
Liz Claiborne, Inc.*		88,465		537,867
Maidenform Brands, Inc.*		17,330		499,971
Oxford Industries, Inc.		11,100		263,958
Quiksilver, Inc.*		105,800		413,678
Skechers U.S.A., Inc., Class A*		31,479		739,442
Steven Madden Ltd.*		23,985		984,824
Timberland Co., Class A*		40,846		809,159
True Religion Apparel, Inc.*		23,610		503,837
Under Armour, Inc., Class A*		29,767		1,340,706
Volcom, Inc.*		25,203		481,881
Warnaco Group, Inc.*		35,197		1,799,623
Wolverine World Wide, Inc.		44,940		1,303,709

				17,816,369

Total Consumer Discretionary				111,216,728

Consumer Staples (3.0%)
*Beverages (0.1%)*
Boston Beer Co., Inc., Class A*		7,274		486,413
Heckmann Corp.*		74,457		290,382

				776,795

*Food & Staples Retailing* (*0.9%*)
Andersons, Inc.		14,406		545,987
Casey’s General Stores, Inc.		29,813		1,244,693
Great Atlantic & Pacific Tea Co., Inc.*		38,177		151,181
Nash Finch Co.		9,061		385,455
Pantry, Inc.*		16,735		403,481
Pricesmart, Inc.		9,952		289,902
Rite Aid Corp.*		447,000		421,521
Ruddick Corp.		36,902		1,279,761
Spartan Stores, Inc.		17,070		247,515
Susser Holdings Corp.*		15,744		220,416
United Natural Foods, Inc.*		40,788		1,351,714
Village Super Market, Inc., Class A		3,779		105,585
Weis Markets, Inc.		8,051		315,036
Winn-Dixie Stores, Inc.*		51,434		366,725

				7,328,972

*Food Products* (*1.2%*)
Alico, Inc.		7,030		163,377

See Notes to Portfolio of Investments.

457

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
B&G Foods, Inc.		39,300	$	429,156
Cal-Maine Foods, Inc.		11,692		338,834
Chiquita Brands International, Inc.*		41,200		545,488
Darling International, Inc.*		68,297		581,891
Diamond Foods, Inc.		18,037		739,337
Dole Food Co., Inc.*		30,236		276,659
Farmer Bros Co.		9,617		153,872
Fresh Del Monte Produce, Inc.*		37,404		811,667
Griffin Land & Nurseries, Inc.		7,162		189,363
Hain Celestial Group, Inc.*		37,980		910,760
J&J Snack Foods Corp.		11,703		490,707
Lancaster Colony Corp.		18,237		866,258
Lance, Inc.		25,540		544,002
Lifeway Foods, Inc.*		17,415		183,206
Pilgrim’s Pride Corp.*		39,000		219,180
Sanderson Farms, Inc.		17,293		748,614
Synutra International, Inc.*		14,900		172,095
Tootsie Roll Industries, Inc.		20,638		513,473
TreeHouse Foods, Inc.*		28,333		1,306,151

				10,184,090

*Household Products (0.2%)*
Central Garden & Pet Co., Class A*		61,133		633,338
Spectrum Brands Holdings, Inc.*		14,600		396,828
WD-40 Co.		12,027		457,266

				1,487,432

*Personal Products (0.3%)*
Elizabeth Arden, Inc.*		19,800		395,802
Medifast, Inc.*		15,180		411,834
Nu Skin Enterprises, Inc., Class A		46,059		1,326,499
Prestige Brands Holdings, Inc.*		27,800		274,942
Revlon, Inc., Class A*		16,600		209,492

				2,618,569

*Tobacco (0.3%)*
Alliance One International, Inc.*		75,924		315,084
Star Scientific, Inc.*		67,907		142,605
Universal Corp.		22,253		892,123
Vector Group Ltd.		45,083		843,048

				2,192,860

Total Consumer Staples				24,588,718

Energy (5.5%)
*Energy Equipment & Services (2.0%)*
Allis-Chalmers Energy, Inc.*		50,155		209,146
Basic Energy Services, Inc.*		27,200		231,744
Bristow Group, Inc.*		27,080		977,046
Cal Dive International, Inc.*		75,498		412,974
CARBO Ceramics, Inc.		15,261		1,236,141
Complete Production Services, Inc.*		61,640		1,260,538
Dawson Geophysical Co.*		8,463		225,539
Dril-Quip, Inc.*		27,205		1,689,703
Forbes Energy Services Ltd.*		8,600		5,767
Global Geophysical Services, Inc.*		27,000		196,830
Global Industries Ltd.*		92,802		507,627
Gulf Island Fabrication, Inc.		10,396		189,207
Gulfmark Offshore, Inc., Class A*		19,255		591,514
Helix Energy Solutions Group, Inc.*		83,800		933,532
Hercules Offshore, Inc.*		97,424		258,174
Hornbeck Offshore Services, Inc.*		21,834		425,545
ION Geophysical Corp.*		105,500		542,270
Key Energy Services, Inc.*		115,072		1,094,335
Lufkin Industries, Inc.		24,788		1,088,193
Matrix Service Co.*		23,000		201,250
Natural Gas Services Group, Inc.*		10,277		151,791
Newpark Resources, Inc.*		70,202		589,697
Parker Drilling Co.*		102,029	$	443,826
PHI, Inc.*		11,248		181,993
Pioneer Drilling Co.*		43,400		276,892
RPC, Inc.		26,148		553,292
T-3 Energy Services, Inc.*		11,250		294,187
Tesco Corp.*		24,200		291,126
TETRA Technologies, Inc.*		70,061		714,622
Union Drilling, Inc.*		27,798		124,535
Vantage Drilling Co.*		149,600		239,360
Willbros Group, Inc.*		31,198		286,086

				16,424,482

*Oil, Gas & Consumable Fuels (3.5%)*
Alon USA Energy, Inc.		22,437		121,160
American Oil & Gas, Inc.*		40,300		326,430
Apco Oil and Gas International, Inc.		7,755		268,401
Approach Resources, Inc.*		6,377		71,295
ATP Oil & Gas Corp.*		33,749		460,674
Berry Petroleum Co., Class A		40,021		1,269,866
Bill Barrett Corp.*		36,802		1,324,872
BPZ Resources, Inc.*		73,455		281,333
Brigham Exploration Co.*		95,496		1,790,550
CAMAC Energy, Inc.*		57,700		184,063
Carrizo Oil & Gas, Inc.*		26,003		622,512
Clean Energy Fuels Corp.*		29,059		412,928
Cloud Peak Energy, Inc.*		25,577		466,780
Contango Oil & Gas Co.*		10,649		534,154
Crosstex Energy, Inc.*		22,111		174,677
CVR Energy, Inc.*		19,568		161,436
Delek U.S. Holdings, Inc.		32,500		232,700
Delta Petroleum Corp.*		162,877		128,119
DHT Holdings, Inc.		42,163		174,133
Energy Partners Ltd.*		23,200		278,632
Energy XXI Bermuda Ltd.*		40,600		938,266
General Maritime Corp.		37,717		185,190
GMX Resources, Inc.*		26,525		128,911
Golar LNG Ltd.		29,787		372,933
Goodrich Petroleum Corp.*		22,492		327,708
Green Plains Renewable Energy, Inc.*		17,600		213,136
Gulfport Energy Corp.*		22,294		308,549
Hallador Energy Co.		21,100		245,393
Harvest Natural Resources, Inc.*		31,469		327,907
Houston American Energy Corp.		18,500		185,000
International Coal Group, Inc.*		105,255		559,957
Isramco, Inc.*		200		12,040
James River Coal Co.*		22,038		386,326
Jura Energy Corp.*		6,900		134
Knightsbridge Tankers Ltd.		16,250		307,125
Kodiak Oil & Gas Corp.*		95,600		324,084
McMoRan Exploration Co.*		70,819		1,218,795
Nordic American Tanker Shipping Ltd.		37,501		1,003,527
Northern Oil and Gas, Inc.*		34,161		578,687
Oasis Petroleum, Inc.*		38,040		736,835
Overseas Shipholding Group, Inc.		20,500		703,560
Panhandle Oil and Gas, Inc., Class A		8,020		198,014
Patriot Coal Corp.*		59,473		678,587
Penn Virginia Corp.		39,395		631,896
Petroleum Development Corp.*		21,161		584,044
PetroQuest Energy, Inc.*		47,459		289,025
Resolute Energy Corp.*		30,500		337,330
Rex Energy Corp.*		30,890		395,392
Rosetta Resources, Inc.*		46,424		1,090,500
Ship Finance International Ltd.		36,005		699,577
Stone Energy Corp.*		32,982		485,825
Swift Energy Co.*		34,769		976,313

See Notes to Portfolio of Investments.

458

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Teekay Tankers Ltd., Class A		21,657	$	281,758
TransAtlantic Petroleum Ltd.*		118,100		349,576
USEC, Inc.*		96,814		502,465
VAALCO Energy, Inc.*		43,353		248,846
Venoco, Inc.*		18,600		365,118
W&T Offshore, Inc.		31,644		335,426
Western Refining, Inc.*		34,603		181,320
World Fuel Services Corp.		54,116		1,407,557

				28,387,347

Total Energy				44,811,829

Financials (20.7%)
*Capital Markets* (*2.0%*)
American Capital Ltd.*		276,907		1,608,830
Apollo Investment Corp.		144,691		1,480,189
Artio Global Investors, Inc.		23,269		356,016
BGC Partners, Inc., Class A		45,700		272,829
BlackRock Kelso Capital Corp.		45,469		522,893
Calamos Asset Management, Inc., Class A		15,571		179,066
Capital Southwest Corp.		2,190		198,852
Cohen & Steers, Inc.		14,609		317,015
Cowen Group, Inc., Class A*		17,700		58,233
Diamond Hill Investment Group, Inc.		1,713		125,049
Duff & Phelps Corp., Class A		21,795		293,579
Epoch Holding Corp.		10,500		135,240
Evercore Partners, Inc., Class A		12,311		352,218
Fifth Street Finance Corp.		43,209		481,348
Financial Engines, Inc.*		15,900		211,152
GAMCO Investors, Inc., Class A		6,200		238,886
GFI Group, Inc.		57,997		269,106
Gladstone Capital Corp.		18,501		208,506
Gladstone Investment Corp.		18,204		121,967
Harris & Harris Group, Inc.*		25,500		108,885
Hercules Technology Growth Capital, Inc.		29,107		294,272
International Assets Holding Corp.*		10,976		198,666
Investment Technology Group, Inc.*		34,900		496,278
JMP Group, Inc.		12,100		73,810
KBW, Inc.		28,733		735,565
Knight Capital Group, Inc., Class A*		76,705		950,375
LaBranche & Co., Inc.*		42,908		167,341
Main Street Capital Corp.		8,200		130,298
MCG Capital Corp.		53,936		314,986
MF Global Holdings Ltd.*		79,882		575,150
MVC Capital, Inc.		17,800		230,866
NGP Capital Resources Co.		17,841		161,639
Oppenheimer Holdings, Inc., Class A		7,800		218,010
optionsXpress Holdings, Inc.*		37,127		570,271
PennantPark Investment Corp.		21,558		228,730
Penson Worldwide, Inc.*		15,149		75,291
Piper Jaffray Cos., Inc.*		16,281		474,266
Prospect Capital Corp.		52,045		505,357
Safeguard Scientifics, Inc.*		15,827		198,312
Sanders Morris Harris Group, Inc.		16,900		95,654
Stifel Financial Corp.*		27,086		1,253,811
SWS Group, Inc.		20,283		145,429
TICC Capital Corp.		21,900		226,665
TradeStation Group, Inc.*		27,700		182,266
Triangle Capital Corp.		8,700		139,026
Virtus Investment Partners, Inc.*		3,578		108,270
Westwood Holdings Group, Inc.		4,297		145,368

				16,435,831

*Commercial Banks* (*5.8%*)
1st Source Corp.		10,620		184,363
Alliance Financial Corp./New York		3,400	$	102,782
American National Bankshares, Inc.		5,000		109,700
Ameris Bancorp*		11,554		108,030
Ames National Corp.		7,850		156,529
Arrow Financial Corp.		7,720		193,614
Banco Latinoamericano de Comercio Exterior S.A., Class E		24,681		356,640
Bancorp Rhode Island, Inc.		3,000		83,790
Bancorp, Inc./Delaware*		16,500		110,385
Bank of Marin Bancorp/California		4,300		138,632
Bank of the Ozarks, Inc.		11,169		414,258
Boston Private Financial Holdings, Inc.		61,370		401,360
Bridge Bancorp, Inc.		7,581		189,449
Bryn Mawr Bank Corp.		7,680		132,250
Camden National Corp.		6,493		224,982
Capital City Bank Group, Inc.		9,800		118,972
Cardinal Financial Corp.		22,843		219,521
Cathay General Bancorp		64,847		771,031
Centerstate Banks, Inc.		15,293		131,214
Chemical Financial Corp.		17,541		362,046
Citizens & Northern Corp.		9,802		127,426
Citizens Republic Bancorp, Inc.*		335,212		302,060
City Holding Co.		14,550		446,249
CNB Financial Corp./Pennsylvania		7,100		97,625
CoBiz Financial, Inc.		24,221		134,669
Columbia Banking System, Inc.		31,455		618,091
Community Bank System, Inc.		25,878		595,453
Community Trust Bancorp, Inc.		13,296		360,189
CVB Financial Corp.		69,987		525,602
Danvers Bancorp, Inc.		15,688		240,497
Eagle Bancorp, Inc.*		12,500		143,500
Enterprise Financial Services Corp.		11,395		105,974
F.N.B. Corp./Pennsylvania		94,051		805,077
Financial Institutions, Inc.		13,885		245,209
First Bancorp, Inc./Maine		7,219		99,839
First Bancorp/North Carolina		12,510		170,386
First Bancorp/Puerto Rico*		57,149		16,002
First Busey Corp.		39,706		180,662
First Commonwealth Financial Corp.		76,813		418,631
First Community Bancshares, Inc./Virginia		12,200		157,380
First Financial Bancorp		47,316		789,231
First Financial Bankshares, Inc.		17,208		808,604
First Financial Corp./Indiana		10,238		302,021
First Interstate Bancsystem, Inc.		15,400		207,284
First Merchants Corp.		20,952		159,864
First Midwest Bancorp, Inc./Illinois		61,668		711,032
First of Long Island Corp.		4,500		112,410
First South Bancorp, Inc./North Carolina		6,695		66,414
FirstMerit Corp.		87,569		1,604,264
German American Bancorp, Inc.		9,100		156,156
Glacier Bancorp, Inc.		59,314		865,984
Great Southern Bancorp, Inc.		8,530		185,698
Hancock Holding Co.		22,533		677,567
Heartland Financial USA, Inc.		10,900		167,751
Heritage Financial Corp./Washington*		7,600		106,400
Home Bancorp, Inc.*		7,400		99,012
Home Bancshares, Inc./Arkansas		17,750		360,680
Hudson Valley Holding Corp.		10,000		195,200
IBERIABANK Corp.		22,185		1,108,806
Independent Bank Corp./Massachusetts		19,586		441,077
International Bancshares Corp.		46,090		778,460

See Notes to Portfolio of Investments.

459

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Investors Bancorp, Inc.*		38,148	$	451,672
Lakeland Bancorp, Inc.		23,228		195,812
Lakeland Financial Corp.		12,777		238,419
MainSource Financial Group, Inc.		16,581		126,679
MB Financial, Inc.		41,451		672,335
Merchants Bancshares, Inc.		3,900		97,266
Metro Bancorp, Inc.*		11,823		122,841
Nara Bancorp, Inc.*		28,055		198,068
National Bankshares, Inc./Virginia		8,044		207,535
National Penn Bancshares, Inc.		107,391		671,194
NBT Bancorp, Inc.		29,778		657,201
Northfield Bancorp, Inc./New Jersey.		13,959		151,036
Old National Bancorp/Indiana		75,539		793,160
OmniAmerican Bancorp, Inc.*		9,800		110,446
Oriental Financial Group, Inc.		39,100		520,030
Orrstown Financial Services, Inc.		5,265		121,937
Pacific Continental Corp.		15,630		141,452
PacWest Bancorp		25,416		484,429
Park National Corp.		10,148		649,878
Peapack-Gladstone Financial Corp.		7,200		84,816
Penns Woods Bancorp, Inc.		3,200		105,760
Peoples Bancorp, Inc./Ohio		10,220		126,421
PrivateBancorp, Inc.		44,370		505,374
Prosperity Bancshares, Inc.		38,084		1,236,588
Renasant Corp.		16,481		250,676
Republic Bancorp, Inc./Kentucky, Class A		7,700		162,701
S&T Bancorp, Inc.		20,325		354,062
Sandy Spring Bancorp, Inc.		19,851		307,691
SCBT Financial Corp.		10,334		322,317
Sierra Bancorp		10,066		124,315
Signature Bank/New York*		33,467		1,299,858
Simmons First National Corp., Class A		13,801		390,154
Southside Bancshares, Inc.		11,400		215,346
Southwest Bancorp, Inc./Oklahoma		15,157		196,586
State Bancorp, Inc./New York		13,496		121,194
StellarOne Corp.		16,896		214,917
Sterling Bancorp/New York		21,698		188,556
Sterling Bancshares, Inc./Texas		84,567		454,125
Suffolk Bancorp		7,962		201,598
Susquehanna Bancshares, Inc.		107,514		907,418
SVB Financial Group*		34,606		1,464,526
Texas Capital Bancshares, Inc.*		32,423		559,945
Tompkins Financial Corp.		8,250		327,195
Tower Bancorp, Inc.		3,900		79,053
TowneBank/Virginia		19,182		286,963
Trico Bancshares		10,216		157,020
Trustmark Corp.		53,380		1,160,481
UMB Financial Corp.		26,518		941,654
Umpqua Holdings Corp.		91,804		1,041,057
United Bankshares, Inc.		34,217		851,661
United Community Banks, Inc./Georgia*		69,740		156,218
Univest Corp. of Pennsylvania		8,234		143,766
Washington Banking Co.		12,600		174,636
Washington Trust Bancorp, Inc.		11,060		211,467
Webster Financial Corp.		56,165		986,257
WesBanco, Inc.		18,898		308,793
West Bancorp, Inc.*		21,026		132,464
Westamerica Bancorp		24,074		1,311,792
Western Alliance Bancorp*		38,960		261,032
Whitney Holding Corp./Louisiana		77,400		632,358
Wilshire Bancorp, Inc.		15,900		103,986
Wintrust Financial Corp.		24,912		807,398

				46,685,569

*Consumer Finance (0.6%)*
Advance America Cash Advance Centers, Inc.		38,977	$	157,077
Cardtronics, Inc.*		21,600		333,288
Cash America International, Inc.		24,338		851,830
Credit Acceptance Corp.*		5,111		309,522
Dollar Financial Corp.*		21,405		446,722
EZCORP, Inc., Class A*		37,296		747,412
First Cash Financial Services, Inc.*		20,968		581,862
First Marblehead Corp.*		50,900		119,106
Nelnet, Inc., Class A		16,369		374,523
World Acceptance Corp.*		13,381		590,905

				4,512,247

*Diversified Financial Services (0.5%)*
Asset Acceptance Capital Corp.*		12,300		66,051
Compass Diversified Holdings		25,898		418,512
Encore Capital Group, Inc.*		11,444		206,221
Life Partners Holdings, Inc.		6,097		116,026
MarketAxess Holdings, Inc.		29,512		501,114
Medallion Financial Corp.		12,930		100,725
NewStar Financial, Inc.*		22,828		169,155
PHH Corp.*		44,915		945,910
PICO Holdings, Inc.*		17,775		530,761
Portfolio Recovery Associates, Inc.*		13,516		873,809

				3,928,284

*Insurance (3.0%)*
Alterra Capital Holdings Ltd.		77,214		1,538,103
Ambac Financial Group, Inc.*		237,100		131,590
American Equity Investment Life Holding Co.		49,493		506,808
American Physicians Capital, Inc.		6,900		286,074
American Physicians Service Group, Inc.		5,300		171,455
American Safety Insurance Holdings Ltd.*		9,506		155,328
AMERISAFE, Inc.*		15,600		292,968
Amtrust Financial Services, Inc.		17,700		257,004
Argo Group International Holdings Ltd.		26,939		935,861
Baldwin & Lyons, Inc., Class B		6,923		176,190
Citizens, Inc./Texas*		25,949		178,789
CNA Surety Corp.*		14,287		256,023
CNO Financial Group, Inc.*		210,501		1,166,176
Delphi Financial Group, Inc., Class A		38,659		966,088
Donegal Group, Inc., Class A		10,144		132,582
eHealth, Inc.*		18,610		240,441
EMC Insurance Group, Inc.		4,080		86,986
Employers Holdings, Inc.		38,801		611,892
Enstar Group, Ltd.*		5,188		376,649
FBL Financial Group, Inc., Class A		10,900		283,182
First American Financial Corp.		83,300		1,244,502
First Mercury Financial Corp.		12,143		122,401
Flagstone Reinsurance Holdings S.A.		35,395		375,541
FPIC Insurance Group, Inc.*		8,998		315,740
Gerova Financial Group Ltd.*		19,700		106,380
Greenlight Capital Reinsurance Ltd., Class A*		23,193		580,289
Harleysville Group, Inc.		11,188		366,855
Hilltop Holdings, Inc.*		32,684		313,113
Horace Mann Educators Corp.		32,637		580,286
Infinity Property & Casualty Corp.		11,552		563,391
Kansas City Life Insurance Co.		3,500		109,165
Maiden Holdings Ltd.		43,061		327,694
Meadowbrook Insurance Group, Inc.		47,777		428,560

See Notes to Portfolio of Investments.

460

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Montpelier Reinsurance Holdings Ltd.		58,593	$	1,014,831
National Financial Partners Corp.*		34,969		443,057
National Western Life Insurance Co., Class A		1,905		267,995
Navigators Group, Inc.*		12,303		549,083
Platinum Underwriters Holdings Ltd.		36,727		1,598,359
PMA Capital Corp., Class A*		26,583		200,436
Presidential Life Corp.		14,858		145,608
Primerica, Inc.		19,300		392,562
ProAssurance Corp.*		27,297		1,572,034
RLI Corp.		16,348		925,624
Safety Insurance Group, Inc.		10,875		456,968
SeaBright Holdings, Inc.		18,420		148,465
Selective Insurance Group, Inc.		43,532		709,136
State Auto Financial Corp.		11,834		179,995
Stewart Information Services Corp.		12,627		142,938
Tower Group, Inc.		38,921		908,805
United Fire & Casualty Co.		20,164		427,678

				24,267,680

*Real Estate Investment Trusts (REITs) (7.1%)*
Acadia Realty Trust (REIT)		32,673		620,787
Agree Realty Corp. (REIT)		5,912		149,278
Alexander’s, Inc. (REIT)		1,775		560,509
American Campus Communities, Inc. (REIT)		52,400		1,595,056
American Capital Agency Corp. (REIT)		26,244		697,303
Anworth Mortgage Asset Corp. (REIT)		93,511		666,733
Apollo Commercial Real Estate Finance, Inc. (REIT)		8,200		131,774
Ashford Hospitality Trust, Inc. (REIT)*		43,700		395,485
Associated Estates Realty Corp. (REIT)		25,324		354,029
BioMed Realty Trust, Inc. (REIT)		93,247		1,670,986
CapLease, Inc. (REIT)		40,725		227,653
Capstead Mortgage Corp. (REIT)		57,077		620,427
CBL & Associates Properties, Inc. (REIT)		113,738		1,485,418
Cedar Shopping Centers, Inc. (REIT)		33,046		200,920
Chesapeake Lodging Trust (REIT)		6,200		101,432
Cogdell Spencer, Inc. (REIT)		24,700		156,104
Colonial Properties Trust (REIT)		56,333		912,031
Colony Financial, Inc. (REIT)		12,046		222,610
Cousins Properties, Inc. (REIT)		69,402		495,530
CreXus Investment Corp. (REIT)		11,200		134,736
Cypress Sharpridge Investments, Inc. (REIT)		14,025		187,234
DCT Industrial Trust, Inc. (REIT)		168,600		807,594
DiamondRock Hospitality Co. (REIT)*		123,698		1,173,894
DuPont Fabros Technology, Inc. (REIT)		32,800		824,920
Dynex Capital, Inc. (REIT)		9,900		106,722
EastGroup Properties, Inc. (REIT)		21,827		815,893
Education Realty Trust, Inc. (REIT)		41,294		295,252
Entertainment Properties Trust (REIT)		35,114		1,516,222
Equity Lifestyle Properties, Inc. (REIT)		20,849		1,135,854
Equity One, Inc. (REIT)		29,786		502,788
Extra Space Storage, Inc. (REIT)		74,533		1,195,509
FelCor Lodging Trust, Inc. (REIT)*		54,972		252,871
First Industrial Realty Trust, Inc. (REIT)*		44,930	$	227,795
First Potomac Realty Trust (REIT)		31,244		468,660
Franklin Street Properties Corp. (REIT)		55,099		684,330
Getty Realty Corp. (REIT)		15,620		419,085
Gladstone Commercial Corp. (REIT)		7,100		121,836
Glimcher Realty Trust (REIT)		52,932		325,532
Government Properties Income Trust (REIT)		21,866		583,822
Hatteras Financial Corp. (REIT)		29,875		850,541
Healthcare Realty Trust, Inc. (REIT)		48,958		1,145,128
Hersha Hospitality Trust (REIT)		99,877		517,363
Highwoods Properties, Inc. (REIT)		60,195		1,954,532
Home Properties, Inc. (REIT)		31,650		1,674,285
Inland Real Estate Corp. (REIT)		57,908		481,215
Invesco Mortgage Capital, Inc. (REIT)		20,790		447,401
Investors Real Estate Trust (REIT)		60,196		504,442
Kilroy Realty Corp. (REIT)		42,943		1,423,131
Kite Realty Group Trust (REIT)		46,229		205,257
LaSalle Hotel Properties (REIT)		57,340		1,341,183
Lexington Realty Trust (REIT)		86,986		622,820
LTC Properties, Inc. (REIT)		21,469		547,889
Medical Properties Trust, Inc. (REIT)		91,312		925,904
MFA Financial, Inc. (REIT)		238,166		1,817,207
Mid-America Apartment Communities, Inc. (REIT)		25,993		1,514,872
Mission West Properties, Inc. (REIT)		22,180		150,380
Monmouth Real Estate Investment Corp. (REIT), Class A		18,161		142,019
National Health Investors, Inc. (REIT)		21,328		939,712
National Retail Properties, Inc. (REIT)		65,987		1,656,934
NorthStar Realty Finance Corp. (REIT)		50,399		188,492
Omega Healthcare Investors, Inc. (REIT)		76,108		1,708,625
Parkway Properties, Inc./Maryland (REIT)		18,372		271,906
Pebblebrook Hotel Trust (REIT)*		29,343		528,467
Pennsylvania Real Estate Investment Trust (REIT)		44,352		526,015
Post Properties, Inc. (REIT)		42,099		1,175,404
Potlatch Corp. (REIT)		34,544		1,174,496
PS Business Parks, Inc. (REIT)		14,780		836,105
Ramco-Gershenson Properties Trust (REIT)		30,400		325,584
Redwood Trust, Inc. (REIT)		63,891		923,864
Resource Capital Corp. (REIT)		26,794		170,142
Retail Opportunity Investments Corp. (REIT)		33,500		320,595
Saul Centers, Inc. (REIT)		5,456		228,879
Sovran Self Storage, Inc. (REIT)		23,362		885,420
Strategic Hotels & Resorts, Inc. (REIT)*		122,410		519,018
Sun Communities, Inc. (REIT)		13,628		418,380
Sunstone Hotel Investors, Inc. (REIT)*		77,171		699,941
Tanger Factory Outlet Centers (REIT)		33,221		1,566,038
Terreno Realty Corp. (REIT)*		7,200		131,184
Universal Health Realty Income Trust (REIT)		11,050		380,230

See Notes to Portfolio of Investments.

461

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Urstadt Biddle Properties, Inc. (REIT), Class A		14,489	$	261,961
U-Store-It Trust (REIT)		70,668		590,078
Walter Investment Management Corp. (REIT)		19,568		342,244
Washington Real Estate Investment Trust (REIT)		48,017		1,523,579
Winthrop Realty Trust (REIT)		12,400		153,264

				57,756,740

*Real Estate Management & Development (0.2%*)
Avatar Holdings, Inc.*		6,400		122,112
Consolidated-Tomoka Land Co.		4,600		131,146
Forestar Group, Inc.*		31,321		534,023
Kennedy-Wilson Holdings, Inc.*		22,100		234,260
Tejon Ranch Co.*		7,802		169,070

				1,190,611

*Thrifts & Mortgage Finance (1.5%*)
Abington Bancorp, Inc.		15,485		163,212
Astoria Financial Corp.		70,553		961,637
Bank Mutual Corp.		42,263		219,345
BankFinancial Corp.		22,221		203,767
Beneficial Mutual Bancorp, Inc.*		22,754		204,103
Berkshire Hills Bancorp, Inc.		11,244		213,186
Brookline Bancorp, Inc.		54,077		539,688
Dime Community Bancshares, Inc.		18,101		250,699
ESB Financial Corp.		7,408		103,119
ESSA Bancorp, Inc.		9,839		116,494
First Financial Holdings, Inc.		13,091		145,834
Flagstar Bancorp, Inc.*		55,800		101,556
Flushing Financial Corp.		24,842		287,173
Home Federal Bancorp, Inc./Idaho		12,482		151,906
Kearny Financial Corp.		18,996		167,735
Meridian Interstate Bancorp, Inc.*		13,991		147,465
MGIC Investment Corp.*		165,747		1,529,845
NewAlliance Bancshares, Inc.		88,126		1,112,150
Northwest Bancshares, Inc.		88,810		993,784
OceanFirst Financial Corp.		10,800		132,516
Ocwen Financial Corp.*		51,485		522,058
Oritani Financial Corp.		44,350		442,613
PMI Group, Inc.*		115,439		423,661
Provident Financial Services, Inc.		55,316		683,706
Provident New York Bancorp		34,745		291,511
Radian Group, Inc.		107,967		844,302
Territorial Bancorp, Inc.		10,395		174,948
TrustCo Bank Corp. NY		70,354		391,168
United Financial Bancorp, Inc.		13,745		185,695
ViewPoint Financial Group		11,760		108,780
Westfield Financial, Inc.		29,414		229,429
WSFS Financial Corp.		5,800		217,558

				12,260,643

Total Financials				167,037,605

Health Care (12.9%)
*Biotechnology (3.2%)*
Acorda Therapeutics, Inc.*		32,435		1,071,004
Affymax, Inc.*		12,393		73,738
Alkermes, Inc.*		83,825		1,228,036
Allos Therapeutics, Inc.*		47,269		223,110
Alnylam Pharmaceuticals, Inc.*		33,101		406,480
AMAG Pharmaceuticals, Inc.*		15,823		272,314
Arena Pharmaceuticals, Inc.*		84,134		132,090
ARIAD Pharmaceuticals, Inc.*		112,157		428,440
ArQule, Inc.*		46,615		240,067
Array BioPharma, Inc.*		68,919		222,608
BioCryst Pharmaceuticals, Inc.*		21,203		104,743
Celera Corp.*		71,271	$	480,367
Celldex Therapeutics, Inc.*		16,278		65,112
Cepheid, Inc.*		53,849		1,007,515
Codexis, Inc.*		23,200		222,720
Cubist Pharmaceuticals, Inc.*		49,318		1,153,548
Cytokinetics, Inc.*		46,685		123,248
Cytori Therapeutics, Inc.*		3,720		18,191
Dyax Corp.*		64,968		153,974
Emergent Biosolutions, Inc.*		15,400		265,804
Enzon Pharmaceuticals, Inc.*		41,114		462,533
Exelixis, Inc.*		92,186		361,369
Genomic Health, Inc.*		13,012		173,840
Geron Corp.*		80,111		443,014
Halozyme Therapeutics, Inc.*		55,035		424,320
Idenix Pharmaceuticals, Inc.*		48,700		150,970
Immunogen, Inc.*		47,068		295,116
Incyte Corp.*		78,747		1,259,165
InterMune, Inc.*		36,934		503,041
Ironwood Pharmaceuticals, Inc.*		18,300		186,294
Isis Pharmaceuticals, Inc.*		84,998		713,983
Lexicon Pharmaceuticals, Inc.*		121,679		194,686
Ligand Pharmaceuticals, Inc., Class B*		82,360		130,129
MannKind Corp.*		48,416		327,292
Martek Biosciences Corp.*		30,182		683,019
Maxygen, Inc.*		35,908		207,907
Medivation, Inc.*		26,386		343,018
Metabolix, Inc.*		21,834		274,672
Micromet, Inc.*		64,779		435,315
Momenta Pharmaceuticals, Inc.*		31,728		477,506
Nabi Biopharmaceuticals*		39,237		188,338
Nanosphere, Inc.*		827		4,160
Neurocrine Biosciences, Inc.*		32,000		193,920
Novavax, Inc.*		71,059		155,619
NPS Pharmaceuticals, Inc.*		39,622		271,014
Onyx Pharmaceuticals, Inc.*		57,384		1,513,790
Opko Health, Inc.*		112,700		252,448
Orexigen Therapeutics, Inc.*		28,003		166,058
Osiris Therapeutics, Inc.*		12,884		93,796
PDL BioPharma, Inc.		104,627		550,338
Pharmacyclics, Inc.*		36,000		290,160
Pharmasset, Inc.*		23,499		693,220
Progenics Pharmaceuticals, Inc.*		44,898		226,735
Rigel Pharmaceuticals, Inc.*		45,840		385,514
Sangamo BioSciences, Inc.*		37,600		128,968
Savient Pharmaceuticals, Inc.*		57,929		1,324,836
Seattle Genetics, Inc.*		72,755		1,129,885
SIGA Technologies, Inc.*		27,652		233,936
Spectrum Pharmaceuticals, Inc.*		34,365		143,302
StemCells, Inc.*		128,784		106,891
Synta Pharmaceuticals Corp.*		24,207		96,586
Targacept, Inc.*		19,100		426,694
Theravance, Inc.*		57,727		1,160,313
Vical, Inc.*		5,400		12,042
ZymoGenetics, Inc.*		54,300		529,425

				26,218,286

*Health Care Equipment & Supplies (3.5%)*
Abaxis, Inc.*		16,862		389,512
ABIOMED, Inc.*		28,350		300,794
Accuray, Inc.*		41,000		255,020
AGA Medical Holdings, Inc.*		19,200		268,032
Align Technology, Inc.*		57,276		1,121,464
Alphatec Holdings, Inc.*		46,909		99,916
American Medical Systems Holdings, Inc.*		65,723		1,286,856
Analogic Corp.		12,116		543,766

See Notes to Portfolio of Investments.

462

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
AngioDynamics, Inc.*		20,940	$	319,126
ArthroCare Corp.*		21,600		587,088
Conceptus, Inc.*		28,842		396,578
CONMED Corp.*		25,287		566,682
CryoLife, Inc.*		37,668		228,645
Cyberonics, Inc.*		25,834		689,251
Cynosure, Inc., Class A*		12,753		130,208
Delcath Systems, Inc.*		26,600		192,052
DexCom, Inc.*		37,808		499,822
DynaVox, Inc., Class A*		13,200		107,184
Greatbatch, Inc.*		21,718		503,640
Haemonetics Corp.*		19,754		1,156,202
Hansen Medical, Inc.*		4,950		7,079
HeartWare International, Inc.*		5,900		405,684
ICU Medical, Inc.*		9,545		355,933
Immucor, Inc.*		63,311		1,255,457
Insulet Corp.*		30,378		429,545
Integra LifeSciences Holdings Corp.*		15,144		597,582
Invacare Corp.		28,116		745,355
IRIS International, Inc.*		17,037		163,555
Kensey Nash Corp.*		8,104		234,125
MAKO Surgical Corp.*		20,500		196,390
Masimo Corp.		43,438		1,186,292
Medical Action Industries, Inc.*		19,104		172,891
MELA Sciences, Inc.*		3,050		19,886
Meridian Bioscience, Inc.		36,277		793,741
Merit Medical Systems, Inc.*		22,486		357,303
Natus Medical, Inc.*		27,018		393,652
Neogen Corp.*		15,978		540,855
NuVasive, Inc.*		33,609		1,181,020
NxStage Medical, Inc.*		18,700		357,170
OraSure Technologies, Inc.*		40,086		162,348
Orthofix International N.V.*		15,053		472,965
Orthovita, Inc.*		58,808		133,494
Palomar Medical Technologies, Inc.*		15,971		164,980
Quidel Corp.*		19,500		214,305
Rochester Medical Corp.*		15,389		167,894
RTI Biologics, Inc.*		46,849		123,213
Sirona Dental Systems, Inc.*		26,867		968,287
SonoSite, Inc.*		14,365		481,371
Stereotaxis, Inc.*		53,634		222,045
STERIS Corp.		47,570		1,580,275
SurModics, Inc.*		14,421		171,898
Symmetry Medical, Inc.*		33,416		322,130
Syneron Medical Ltd.*		28,500		282,720
Synovis Life Technologies, Inc.*		10,689		159,801
TomoTherapy, Inc.*		13,639		48,009
Unilife Corp.*		38,600		232,758
Vascular Solutions, Inc.*		21,668		248,749
Volcano Corp.*		42,624		1,107,372
West Pharmaceutical Services, Inc.		30,064		1,031,496
Wright Medical Group, Inc.*		31,559		454,765
Zoll Medical Corp.*		16,401		529,260

				28,315,488

*Health Care Providers & Services (3.4%*)
Accretive Health, Inc.*		17,500		189,525
Air Methods Corp.*		9,000		374,220
Alliance HealthCare Services, Inc.*		29,549		135,334
Almost Family, Inc.*		6,700		198,521
Amedisys, Inc.*		24,634		586,289
AMERIGROUP Corp.*		41,470		1,761,231
Amsurg Corp.*		25,262		441,580
Assisted Living Concepts, Inc., Class A*		7,341		223,460
Bio-Reference Labs, Inc.*		21,430		447,030
BioScrip, Inc.*		38,300	$	197,628
CardioNet, Inc.*		22,102		99,680
Catalyst Health Solutions, Inc.*		31,127		1,095,982
Centene Corp.*		39,183		924,327
Chemed Corp.		19,590		1,116,042
Chindex International, Inc.*		15,396		232,634
Clarient, Inc.*		65,260		220,579
Cross Country Healthcare, Inc.*		28,695		206,317
Emeritus Corp.*		18,206		310,594
Ensign Group, Inc.		14,524		260,706
Genoptix, Inc.*		15,675		222,585
Gentiva Health Services, Inc.*		26,641		582,106
Hanger Orthopedic Group, Inc.*		28,309		411,613
HealthSouth Corp.*		81,806		1,570,675
Healthspring, Inc.*		46,478		1,200,991
Healthways, Inc.*		32,147		374,191
HMS Holdings Corp.*		23,943		1,411,200
IPC The Hospitalist Co., Inc.*		14,984		409,363
Kindred Healthcare, Inc.*		36,329		473,004
Landauer, Inc.		8,626		540,246
LHC Group, Inc.*		12,043		279,277
Magellan Health Services, Inc.*		29,315		1,384,841
Molina Healthcare, Inc.*		9,607		259,293
MWI Veterinary Supply, Inc.*		9,592		553,650
National Healthcare Corp.		7,200		266,904
Owens & Minor, Inc.#		57,400		1,633,604
PharMerica Corp.*		24,781		236,163
Providence Service Corp.*		5,723		93,800
PSS World Medical, Inc.*		55,921		1,195,591
Psychiatric Solutions, Inc.*		50,051		1,679,211
RehabCare Group, Inc.*		20,680		418,150
Res-Care, Inc.*		19,417		257,664
Select Medical Holdings Corp.*		28,203		217,163
Skilled Healthcare Group, Inc., Class A*		27,166		106,762
Sun Healthcare Group, Inc.*		59,320		502,440
Sunrise Senior Living, Inc.*		24,077		82,584
Team Health Holdings, Inc.*		17,400		224,634
Triple-S Management Corp., Class B*		14,336		241,562
U.S. Physical Therapy, Inc.*		9,807		163,973
Universal American Corp.		24,150		356,212
WellCare Health Plans, Inc.*		39,284		1,137,665

				27,508,796

*Health Care Technology (0.6%)*
athenahealth, Inc.*		31,181		1,029,597
Computer Programs & Systems, Inc.		7,602		323,617
MedAssets, Inc.*		36,682		771,789
Medidata Solutions, Inc.*		15,600		299,520
MedQuist, Inc.*		28,200		247,032
Merge Healthcare, Inc.*		52,592		152,517
Omnicell, Inc.*		28,055		366,959
Quality Systems, Inc.		15,138		1,003,801
Vital Images, Inc.*		17,065		225,770

				4,420,602

*Life Sciences Tools & Services* (*0.7%*)
Accelrys, Inc.*		31,958		222,428
Affymetrix, Inc.*		79,593		362,944
Bruker Corp.*		58,232		816,995
Dionex Corp.*		16,096		1,391,338
Enzo Biochem, Inc.*		36,735		139,593
eResearchTechnology, Inc.*		39,075		292,281
Kendle International, Inc.*		11,716		109,193
Luminex Corp.*		37,219		595,504
PAREXEL International Corp.*		54,437		1,259,128

See Notes to Portfolio of Investments.

463

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Sequenom, Inc.*		53,949	$	378,183

				5,567,587

*Pharmaceuticals (1.5%)*
Acura Pharmaceuticals, Inc.*		34,052		84,789
Ardea Biosciences, Inc.*		11,700		269,100
Auxilium Pharmaceuticals, Inc.*		38,257		948,008
Cadence Pharmaceuticals, Inc.*		25,735		214,887
Cypress Bioscience, Inc.*		31,549		121,464
Depomed, Inc.*		58,634		262,680
Durect Corp.*		96,364		244,765
Impax Laboratories, Inc.*		56,466		1,118,027
Inspire Pharmaceuticals, Inc.*		51,903		308,823
Lannett Co., Inc.*		33,557		153,691
Medicines Co.*		41,787		593,375
Medicis Pharmaceutical Corp., Class A		50,975		1,511,409
Nektar Therapeutics*		80,386		1,187,301
Obagi Medical Products, Inc.*		5,013		52,636
Optimer Pharmaceuticals, Inc.*		22,256		204,088
Par Pharmaceutical Cos., Inc.*		32,135		934,486
Pozen, Inc.*		26,986		191,061
Questcor Pharmaceuticals, Inc.*		47,900		475,168
Salix Pharmaceuticals Ltd.*		46,463		1,845,510
Sucampo Pharmaceuticals, Inc., Class A*		42,720		160,200
ViroPharma, Inc.*		63,233		942,804
Vivus, Inc.*		73,827		493,903
XenoPort, Inc.*		23,178		164,796

				12,482,971

Total Health Care				104,513,730

Industrials (15.3%)
*Aerospace & Defense (1.8%)*
AAR Corp.*		33,512		625,334
Aerovironment, Inc.*		10,321		229,642
American Science & Engineering, Inc.		7,277		535,951
Applied Signal Technology, Inc.		12,400		308,512
Ceradyne, Inc.*		24,493		571,912
Cubic Corp.		12,186		497,189
Curtiss-Wright Corp.		41,917		1,270,085
DigitalGlobe, Inc.*		22,113		672,235
Esterline Technologies Corp.*		26,887		1,538,743
GeoEye, Inc.*		15,341		621,004
HEICO Corp.		26,060		1,189,378
Hexcel Corp.*		89,159		1,586,139
Ladish Co., Inc.*		13,200		410,916
Moog, Inc., Class A*		37,353		1,326,405
Orbital Sciences Corp.*		52,887		809,171
Taser International, Inc.*		43,802		169,952
Teledyne Technologies, Inc.*		32,954		1,312,228
Triumph Group, Inc.		14,502		1,081,704

				14,756,500

*Air Freight & Logistics (0.4%)*
Air Transport Services Group, Inc.*		42,600		259,434
Atlas Air Worldwide Holdings, Inc.*		20,727		1,042,568
Forward Air Corp.		26,940		700,440
Hub Group, Inc., Class A*		34,333		1,004,584
Pacer International, Inc.*		28,620		172,865

				3,179,891

*Airlines (0.8%)*
AirTran Holdings, Inc.*		99,811		733,611
Alaska Air Group, Inc.*		28,707		1,464,918
Allegiant Travel Co.		12,677		536,491
JetBlue Airways Corp.*		195,689		1,309,159
SkyWest, Inc.		54,215		756,841
U.S. Airways Group, Inc.*		148,186	$	1,370,721

				6,171,741

*Building Products (0.6%)*
A.O. Smith Corp.		18,548		1,073,744
Ameron International Corp.		7,995		543,340
Apogee Enterprises, Inc.		21,337		195,233
Gibraltar Industries, Inc.*		25,168		226,009
Griffon Corp.*		51,143		623,433
Insteel Industries, Inc.		15,467		138,894
NCI Building Systems, Inc.*		2,492		23,749
Quanex Building Products Corp.		33,467		577,975
Simpson Manufacturing Co., Inc.		34,619		892,478
Universal Forest Products, Inc.		15,654		457,879

				4,752,734

*Commercial Services & Supplies (2.6%)*
ABM Industries, Inc.		40,632		877,245
ACCO Brands Corp.*		53,466		307,429
American Reprographics Co.*		30,000		235,500
ATC Technology Corp.*		19,804		489,951
Bowne & Co., Inc.		27,173		307,870
Brink’s Co.		38,400		883,200
Cenveo, Inc.*		46,631		234,554
Clean Harbors, Inc.*		19,018		1,288,469
Consolidated Graphics, Inc.*		11,364		471,038
Courier Corp.		13,342		189,723
Deluxe Corp.		46,861		896,451
EnergySolutions, Inc.		70,271		353,463
EnerNOC, Inc.*		15,744		494,519
Ennis, Inc.		22,556		403,527
Fuel Tech, Inc.*		18,014		112,948
G&K Services, Inc., Class A		17,482		399,639
GEO Group, Inc.*		48,474		1,131,868
Healthcare Services Group, Inc.		40,046		912,648
Herman Miller, Inc.		52,691		1,036,959
HNI Corp.		38,941		1,119,943
Innerworkings, Inc.*		23,805		156,399
Interface, Inc., Class A		40,298		573,441
Kimball International, Inc., Class B		22,522		131,303
Knoll, Inc.		39,158		607,341
M&F Worldwide Corp.*		9,100		221,585
McGrath RentCorp		19,645		470,498
Metalico, Inc.*		17,703		67,802
Mine Safety Appliances Co.		28,007		758,990
Mobile Mini, Inc.*		32,795		503,075
Multi-Color Corp.		12,655		194,887
Rollins, Inc.		38,618		902,889
Standard Parking Corp.*		2,010		34,371
Steelcase, Inc., Class A		66,472		553,712
Sykes Enterprises, Inc.*		35,099		476,644
Tetra Tech, Inc.#*		56,337		1,181,387
U.S. Ecology, Inc.		11,654		186,464
UniFirst Corp.		12,705		560,926
United Stationers, Inc.*		21,736		1,163,093
Viad Corp.		16,724		323,442

				21,215,193

*Construction & Engineering (0.8%)*
Argan, Inc.*		12,930		120,895
Comfort Systems USA, Inc.		32,243		345,967
Dycom Industries, Inc.*		39,416		393,766
EMCOR Group, Inc.*		54,399		1,337,671
Furmanite Corp.*		830		4,050
Granite Construction, Inc.		29,073		661,120
Great Lakes Dredge & Dock Corp.		46,707		271,368

See Notes to Portfolio of Investments.

464

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Insituform Technologies, Inc., Class A*		34,662	$	838,127
Layne Christensen Co.*		17,093		442,538
MasTec, Inc.*		48,462		500,128
Michael Baker Corp.*		6,300		207,648
MYR Group, Inc.*		15,900		260,601
Northwest Pipe Co.*		7,972		139,510
Orion Marine Group, Inc.*		21,100		261,851
Primoris Services Corp.		29,446		192,577
Sterling Construction Co., Inc.*		13,400		165,892
Tutor Perini Corp.*		23,995		482,060

				6,625,769

*Electrical Equipment* (*1.9%*)
A123 Systems, Inc.*		58,200		522,054
Acuity Brands, Inc.		34,502		1,526,368
Advanced Battery Technologies, Inc.*		46,966		168,608
American Superconductor Corp.*		39,075		1,215,232
AZZ, Inc.		10,493		449,520
Baldor Electric Co.		36,894		1,490,518
Belden, Inc.		40,735		1,074,589
Brady Corp., Class A		45,341		1,322,597
Broadwind Energy, Inc.*		29,219		54,640
Encore Wire Corp.		17,428		357,448
Ener1, Inc.*		42,839		157,647
EnerSys*		37,539		937,349
Franklin Electric Co., Inc.		21,276		705,512
FuelCell Energy, Inc.*		63,560		78,179
Generac Holdings, Inc.*		17,400		237,336
GrafTech International Ltd.*		107,992		1,687,915
II-VI, Inc.*		21,393		798,601
LSI Industries, Inc.		6,318		40,562
Polypore International, Inc.*		19,200		579,072
Powell Industries, Inc.*		5,060		157,467
Preformed Line Products Co.		4,355		151,859
Vicor Corp.		2,779		40,601
Woodward Governor Co.		54,633		1,771,202

				15,524,876

*Industrial Conglomerates* (*0.3%*)
Otter Tail Corp.		32,825		669,302
Raven Industries, Inc.		14,213		538,531
Seaboard Corp.		267		472,857
Standex International Corp.		9,079		219,621
Tredegar Corp.		28,029		531,990
United Capital Corp.*		1,351		32,870

				2,465,171

*Machinery* (*2.9%*)
Actuant Corp., Class A		63,213		1,451,370
Albany International Corp., Class A		27,591		522,022
Altra Holdings, Inc.*		22,700		334,371
American Railcar Industries, Inc.*		7,969		124,954
Ampco-Pittsburgh Corp.		1,780		44,180
ArvinMeritor, Inc.*		77,735		1,208,002
Astec Industries, Inc.*		15,843		452,001
Badger Meter, Inc.		13,430		543,646
Barnes Group, Inc.		45,506		800,451
Blount International, Inc.*		51,233		652,196
Briggs & Stratton Corp.		46,044		875,296
Cascade Corp.		7,400		235,320
Chart Industries, Inc.*		26,821		546,076
CIRCOR International, Inc.		15,109		477,444
CLARCOR, Inc.		40,474		1,563,511
Colfax Corp.*		20,400		303,348
Energy Recovery, Inc.*		25,255		90,665
EnPro Industries, Inc.*		17,254		539,705
ESCO Technologies, Inc.		24,852	$	826,578
Federal Signal Corp.		44,885		241,930
Flow International Corp.*		16,296		42,858
Force Protection, Inc.*		59,260		298,670
Gorman-Rupp Co.		10,776		296,987
Graham Corp.		12,999		201,745
John Bean Technologies Corp.		25,631		412,915
Kaydon Corp.		30,954		1,071,008
Lindsay Corp.		11,575		501,429
McCoy Corp.*		3,100		6,327
Met-Pro Corp.		8,996		90,770
Middleby Corp.*		16,798		1,064,825
Mueller Industries, Inc.		32,157		851,839
Mueller Water Products, Inc., Class A		141,493		427,309
NACCO Industries, Inc., Class A		4,400		384,516
Nordson Corp.		27,945		2,059,267
RBC Bearings, Inc.*		17,000		577,660
Robbins & Myers, Inc.		24,068		644,541
Sun Hydraulics Corp.		10,500		295,995
Tennant Co.		15,831		489,178
Titan International, Inc.		29,200		396,244
Twin Disc, Inc.		9,936		138,607
Wabash National Corp.*		47,300		382,657
Watts Water Technologies, Inc., Class A		27,659		941,789

				23,410,202

*Marine* (*0.1%*)
Eagle Bulk Shipping, Inc.*		43,044		224,690
Genco Shipping & Trading Ltd.*		22,967		366,094
Horizon Lines, Inc., Class A		32,800		137,760
International Shipholding Corp.		5,969		168,564
Ultrapetrol Bahamas Ltd.*		12,635		81,117

				978,225

*Professional Services* (*1.1%*)
Acacia Research Corp. - Acacia Technologies*		29,741		523,442
Administaff, Inc.		17,787		479,004
Advisory Board Co.*		14,242		628,784
Corporate Executive Board Co.		31,704		1,000,578
CoStar Group, Inc.*		18,236		888,276
Dolan Co.*		23,219		264,000
Exponent, Inc.*		12,223		410,571
Heidrick & Struggles International, Inc.		15,604		303,966
Hill International, Inc.*		32,434		145,304
Huron Consulting Group, Inc.*		18,750		412,312
ICF International, Inc.*		13,700		343,459
Kelly Services, Inc., Class A*		19,134		224,442
Kforce, Inc.*		28,891		396,385
Korn/Ferry International*		37,552		621,110
Navigant Consulting, Inc.*		42,332		492,321
Resources Connection, Inc.		41,095		565,467
School Specialty, Inc.*		14,747		191,858
SFN Group, Inc.*		41,200		247,612
TrueBlue, Inc.*		35,615		486,145
VSE Corp.		3,825		134,908

				8,759,944

*Road & Rail* (*1.1%*)
Amerco, Inc.*		8,242		655,074
Arkansas Best Corp.		23,168		561,361
Avis Budget Group, Inc.*		94,764		1,104,001
Dollar Thrifty Automotive Group, Inc.*		23,399		1,173,226
Genesee & Wyoming, Inc., Class A*		31,361		1,360,754

See Notes to Portfolio of Investments.

465

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Heartland Express, Inc.		48,655	$	723,500
Knight Transportation, Inc.		54,150		1,046,719
Marten Transport Ltd.		12,600		292,068
Old Dominion Freight Line, Inc.*		36,393		925,110
Patriot Transportation Holding, Inc.*		300		21,039
RailAmerica, Inc.*		22,900		220,527
Werner Enterprises, Inc.		35,366		724,649

				8,808,028

*Trading Companies & Distributors* (*0.9%*)
Aircastle Ltd.		33,955		287,938
Applied Industrial Technologies, Inc.		38,188		1,168,553
Beacon Roofing Supply, Inc.*		42,176		614,504
CAI International, Inc.*		3,870		58,708
H&E Equipment Services, Inc.*		22,400		178,528
Houston Wire & Cable Co.		10,410		104,412
Interline Brands, Inc.*		30,046		542,030
Kaman Corp.		23,992		628,830
Lawson Products, Inc.		5,314		81,145
RSC Holdings, Inc.*		44,821		334,365
Rush Enterprises, Inc., Class A*		32,200		493,948
TAL International Group, Inc.		12,400		300,328
United Rentals, Inc.*		55,944		830,209
Watsco, Inc.		23,687		1,318,892

				6,942,390

Total Industrials				123,590,664

Information Technology (18.6%)
*Communications Equipment (3.0%*)
Acme Packet, Inc.*		33,447		1,268,979
ADC Telecommunications, Inc.*		89,904		1,139,084
ADTRAN, Inc.		49,306		1,740,502
Arris Group, Inc.*		110,703		1,081,568
Aruba Networks, Inc.*		54,216		1,156,969
Aviat Networks, Inc.*		42,137		172,340
Bel Fuse, Inc., Class B		1,450		30,189
BigBand Networks, Inc.*		39,895		113,302
Black Box Corp.		15,043		482,279
Blue Coat Systems, Inc.*		36,795		885,288
Comtech Telecommunications Corp.*		25,643		701,336
DG FastChannel, Inc.*		20,260		440,655
EMS Technologies, Inc.*		11,349		211,432
Emulex Corp.*		79,657		831,619
Finisar Corp.*		60,400		1,134,916
Globecomm Systems, Inc.*		3,550		29,714
Harmonic, Inc.*		86,459		594,838
Hughes Communications, Inc.*		2,941		80,142
Infinera Corp.*		86,261		1,006,666
InterDigital, Inc.*		34,625		1,025,246
Ixia*		26,063		323,181
Loral Space & Communications, Inc.*		10,096		527,011
NETGEAR, Inc.*		31,829		859,701
Oclaro, Inc.*		39,600		633,996
Oplink Communications, Inc.*		16,800		333,312
Opnext, Inc.*		83,712		131,428
PC-Tel, Inc.*		6,672		40,966
Plantronics, Inc.		38,259		1,292,389
Powerwave Technologies, Inc.*		88,598		161,248
Riverbed Technology, Inc.*		52,106		2,374,991
SeaChange International, Inc.*		28,110		208,295
ShoreTel, Inc.*		39,787		197,344
Sonus Networks, Inc.*		163,241		576,241
Sycamore Networks, Inc.		16,421		532,205
Tekelec*		58,881		763,098
UTStarcom, Inc.*		93,400		202,678
ViaSat, Inc.*		27,140	$	1,115,725

				24,400,873

*Computers & Peripherals (0.9%*)
Avid Technology, Inc.*		22,731		298,003
Compellent Technologies, Inc.*		13,900		252,702
Cray, Inc.*		32,222		212,665
Electronics for Imaging, Inc.*		49,952		605,418
Imation Corp.*		22,476		209,701
Intermec, Inc.*		57,202		701,297
Intevac, Inc.*		18,600		186,186
Isilon Systems, Inc.*		21,250		473,450
Netezza Corp.*		43,908		1,183,321
Quantum Corp.*		201,581		427,352
STEC, Inc.*		32,499		404,613
Stratasys, Inc.*		22,466		622,757
Super Micro Computer, Inc.*		19,200		199,488
Synaptics, Inc.*		30,737		864,939
Xyratex Ltd.*		24,200		359,128

				7,001,020

*Electronic Equipment, Instruments & Components (2.5%)*
Anixter International, Inc.*		26,558		1,433,866
Benchmark Electronics, Inc.*		62,748		1,029,067
Brightpoint, Inc.*		43,412		303,450
Checkpoint Systems, Inc.*		36,911		751,139
Cogent, Inc.*		31,949		339,937
Cognex Corp.		36,803		987,056
Coherent, Inc.*		21,452		858,295
Comverge, Inc.*		20,308		159,621
CPI International, Inc.*		473		6,622
CTS Corp.		28,000		269,360
Daktronics, Inc.		26,800		263,176
DTS, Inc.*		15,895		606,712
Electro Rent Corp.		2,169		28,804
FARO Technologies, Inc.*		16,067		350,421
ICx Technologies, Inc.*		25,569		193,046
Insight Enterprises, Inc.*		46,143		721,677
IPG Photonics Corp.*		28,560		689,438
L-1 Identity Solutions, Inc.*		69,037		809,804
Littelfuse, Inc.*		19,549		854,291
Maxwell Technologies, Inc.*		21,200		309,732
Mercury Computer Systems, Inc.*		18,900		227,367
Methode Electronics, Inc.		45,082		409,345
Microvision, Inc.*		71,396		156,357
MTS Systems Corp.		15,602		483,662
Multi-Fineline Electronix, Inc.*		9,200		202,308
Newport Corp.*		27,187		308,301
OSI Systems, Inc.*		15,768		572,694
Park Electrochemical Corp.		15,472		407,532
PC Connection, Inc.*		21,196		144,769
Plexus Corp.*		36,075		1,058,801
Power-One, Inc.*		65,400		594,486
RadiSys Corp.*		23,542		221,766
Rofin-Sinar Technologies, Inc.*		24,925		632,597
Rogers Corp.*		13,684		430,772
Sanmina-SCI Corp.*		63,800		770,704
Scansource, Inc.*		23,039		639,102
SMART Modular Technologies (WWH), Inc.*		42,100		253,863
SYNNEX Corp.*		15,862		446,357
TTM Technologies, Inc.*		65,362		639,894
Universal Display Corp.*		23,260		546,610

				20,112,801

*Internet Software & Services* (*2.1%*)
Ancestry.com, Inc.*		15,200		345,952

See Notes to Portfolio of Investments.

466

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Art Technology Group, Inc.*		109,506	$	452,260
comScore, Inc.*		26,663		627,114
Constant Contact, Inc.*		18,346		393,155
DealerTrack Holdings, Inc.*		37,064		633,053
Dice Holdings, Inc.*		31,600		267,968
Digital River, Inc.*		35,331		1,202,667
DivX, Inc.*		18,089		172,388
EarthLink, Inc.		103,433		940,206
GSI Commerce, Inc.*		49,812		1,230,356
Internet Brands, Inc., Class A*		23,600		313,408
Internet Capital Group, Inc.*		30,400		335,312
j2 Global Communications, Inc.*		41,578		989,141
Keynote Systems, Inc.		12,104		140,648
Knot, Inc.*		25,652		234,203
LivePerson, Inc.*		34,100		286,440
LogMeIn, Inc.*		12,100		435,358
LoopNet, Inc.*		20,300		240,352
Marchex, Inc., Class B		33,458		182,346
ModusLink Global Solutions, Inc.*		38,214		242,659
Move, Inc.*		120,105		267,834
NIC, Inc.		46,855		388,428
OpenTable, Inc.*		12,700		864,616
Openwave Systems, Inc.*		79,841		135,730
Perficient, Inc.*		23,900		218,446
Rackspace Hosting, Inc.*		77,790		2,020,984
RealNetworks, Inc.*		70,152		228,695
SAVVIS, Inc.*		35,722		753,020
Stamps.com, Inc.*		14,405		187,265
Terremark Worldwide, Inc.*		60,575		626,345
Travelzoo, Inc.*		2,300		59,248
United Online, Inc.		72,273		413,402
ValueClick, Inc.*		80,524		1,053,254

				16,882,253

*IT Services* (*2.0%*)
Acxiom Corp.*		63,869		1,012,962
CACI International, Inc., Class A*		27,959		1,265,424
Cass Information Systems, Inc.		6,700		229,877
CSG Systems International, Inc.*		33,465		610,067
Euronet Worldwide, Inc.*		44,426		799,224
Forrester Research, Inc.*		11,280		373,142
Global Cash Access Holdings, Inc.*		40,400		164,832
Hackett Group, Inc.*		10,719		44,270
Heartland Payment Systems, Inc.		35,637		542,395
iGATE Corp.		19,000		344,660
Integral Systems, Inc.*		23,769		175,415
Lionbridge Technologies, Inc.*		46,700		200,810
ManTech International Corp., Class A*		18,541		734,224
MAXIMUS, Inc.		16,442		1,012,498
MoneyGram International, Inc.*		67,800		165,432
NCI, Inc., Class A*		8,225		155,617
Online Resources Corp.*		38,873		172,596
RightNow Technologies, Inc.*		24,700		486,590
Sapient Corp.		83,569		1,000,321
SRA International, Inc., Class A*		39,774		784,343
Stream Global Services, Inc.*		38,200		154,710
Syntel, Inc.		12,582		559,899
TeleTech Holdings, Inc.*		34,125		506,415
TNS, Inc.*		23,218		393,545
Unisys Corp.*		34,464		961,546
VeriFone Systems, Inc.*		67,731		2,104,402
Wright Express Corp.*		34,002		1,214,212

				16,169,428

*Semiconductors & Semiconductor Equipment* (*3.5%*)
Actel Corp.*		17,000	$	271,150
Advanced Analogic Technologies, Inc.*		51,670		181,362
Advanced Energy Industries, Inc.*		26,403		344,823
Amkor Technology, Inc.*		104,109		683,996
ANADIGICS, Inc.*		52,100		317,289
Applied Micro Circuits Corp.*		58,562		585,620
ATMI, Inc.*		29,870		443,868
Brooks Automation, Inc.*		59,550		399,580
Cabot Microelectronics Corp.*		22,120		711,822
Cavium Networks, Inc.*		35,602		1,023,913
Cirrus Logic, Inc.*		53,467		953,851
Cymer, Inc.*		26,598		986,254
Day4 Energy, Inc.*		7,000		4,286
Diodes, Inc.*		29,708		507,710
Entegris, Inc.*		148,646		694,177
Entropic Communications, Inc.*		44,945		431,472
Exar Corp.*		30,032		179,892
FEI Co.*		34,673		678,551
FormFactor, Inc.*		42,795		368,037
GT Solar International, Inc.*		50,100		419,337
Hittite Microwave Corp.*		21,915		1,044,250
Integrated Device Technology, Inc.*		130,200		761,670
IXYS Corp.*		25,145		240,135
Kopin Corp.*		61,081		216,838
Kulicke & Soffa Industries, Inc.*		56,441		349,370
Lattice Semiconductor Corp.*		96,400		457,900
LTX-Credence Corp.*		117,800		246,202
MaxLinear, Inc., Class A*		15,600		175,032
Micrel, Inc.		40,675		401,055
Microsemi Corp.*		74,627		1,279,853
Microtune, Inc.*		67,752		196,481
MIPS Technologies, Inc.*		36,400		354,172
MKS Instruments, Inc.*		42,872		770,839
Monolithic Power Systems, Inc.*		31,496		514,330
Netlogic Microsystems, Inc.*		50,210		1,384,792
NVE Corp.*		4,043		173,970
OmniVision Technologies, Inc.*		41,618		958,879
Pericom Semiconductor Corp.*		21,500		186,835
Power Integrations, Inc.		24,124		766,902
RF Micro Devices, Inc.*		212,846		1,306,874
Rubicon Technology, Inc.*		10,200		231,438
Semtech Corp.*		55,396		1,118,445
Sigma Designs, Inc.*		20,459		235,074
Silicon Image, Inc.*		60,800		290,624
Spansion, Inc., Class A*		14,300		214,071
Standard Microsystems Corp.*		17,920		408,755
Tessera Technologies, Inc.*		43,710		808,635
Trident Microsystems, Inc.*		41,033		70,166
TriQuint Semiconductor, Inc.*		125,665		1,206,384
Ultratech, Inc.*		17,324		296,240
Veeco Instruments, Inc.*		30,694		1,070,300
Volterra Semiconductor Corp.*		19,883		427,882
Zoran Corp.*		44,522		340,148

				28,691,531

*Software* (*4.6%*)
ACI Worldwide, Inc.*		31,072		695,702
Actuate Corp.*		37,203		191,595
Advent Software, Inc.*		13,507		704,930
American Software, Inc., Class A		6,090		35,931
ArcSight, Inc.*		20,009		871,592
Ariba, Inc.*		77,194		1,458,967
Aspen Technology, Inc.*		49,900		517,463
Blackbaud, Inc.		41,587		999,751

See Notes to Portfolio of Investments.

467

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Blackboard, Inc.*		27,157	$	978,738
Bottomline Technologies, Inc.*		23,491		360,822
CommVault Systems, Inc.*		39,714		1,033,755
Concur Technologies, Inc.*		34,420		1,701,725
Deltek, Inc.*		29,100		233,091
DemandTec, Inc.*		22,861		215,122
Ebix, Inc.*		18,849		442,009
Epicor Software Corp.*		46,139		401,409
EPIQ Systems, Inc.		31,930		391,462
Fair Isaac Corp.		33,127		816,912
FalconStor Software, Inc.*		44,909		137,422
Fortinet, Inc.*		31,700		792,500
Jack Henry & Associates, Inc.		68,044		1,735,122
JDA Software Group, Inc.*		33,455		848,419
Kenexa Corp.*		18,700		327,624
Lawson Software, Inc.*		127,975		1,083,948
Manhattan Associates, Inc.*		21,550		632,493
Mentor Graphics Corp.*		87,318		922,951
MicroStrategy, Inc., Class A*		8,709		754,286
NetScout Systems, Inc.*		18,154		372,339
NetSuite, Inc.*		17,700		417,189
Parametric Technology Corp.*		92,645		1,810,283
Pegasystems, Inc.		10,425		323,696
Progress Software Corp.*		37,518		1,241,846
QAD, Inc.*		159		661
QLIK Technologies, Inc.*		9,700		213,885
Quest Software, Inc.*		47,511		1,168,295
Radiant Systems, Inc.*		34,637		592,293
Renaissance Learning, Inc.		16,300		166,097
Rosetta Stone, Inc.*		8,103		172,108
S1 Corp.*		42,669		222,305
Smith Micro Software, Inc.*		24,400		242,536
SolarWinds, Inc.*		28,000		483,280
Sourcefire, Inc.*		20,346		586,779
SS&C Technologies Holdings, Inc.*		14,500		229,100
SuccessFactors, Inc.*		50,446		1,266,699
Synchronoss Technologies, Inc.*		16,634		296,252
Take-Two Interactive Software, Inc.*		71,456		724,564
Taleo Corp., Class A*		28,441		824,505
TeleCommunication Systems, Inc., Class A*		27,494		107,502
TIBCO Software, Inc.*		136,350		2,418,849
TiVo, Inc.*		92,067		834,127
Tyler Technologies, Inc.*		31,177		628,528
Ultimate Software Group, Inc.*		21,570		833,465
Unica Corp.*		13,300		279,034
VASCO Data Security International, Inc.*		29,783		193,590
VirnetX Holding Corp.		28,000		411,040
Websense, Inc.*		42,504		754,021

				37,100,609

Total Information Technology				150,358,515

Materials (5.4%)
*Chemicals* (*2.5%*)
A. Schulman, Inc.		21,143		426,031
Arch Chemicals, Inc.		21,246		745,522
Balchem Corp.		24,885		767,951
Calgon Carbon Corp.*		51,138		741,501
Ferro Corp.*		72,473		934,177
Georgia Gulf Corp.*		27,000		441,180
H.B. Fuller Co.		43,759		869,491
Hawkins, Inc.		6,900		244,398
Innophos Holdings, Inc.		14,913		493,620
Koppers Holdings, Inc.		16,713		449,078
Kraton Performance Polymers, Inc.*		8,900	$	241,635
LSB Industries, Inc.*		14,100		261,837
Minerals Technologies, Inc.		17,025		1,003,113
NewMarket Corp.		9,287		1,055,746
Olin Corp.		69,503		1,401,181
OM Group, Inc.*		28,287		852,004
Omnova Solutions, Inc.*		36,300		260,997
PolyOne Corp.*		73,100		883,779
Quaker Chemical Corp.		9,100		296,296
Rockwood Holdings, Inc.*		45,940		1,445,732
Sensient Technologies Corp.		42,125		1,284,391
Solutia, Inc.*		108,279		1,734,630
Stepan Co.		6,244		369,083
STR Holdings, Inc.*		22,700		488,958
W.R. Grace & Co.*		59,605		1,665,364
Westlake Chemical Corp.		18,078		541,075
Zep, Inc.		18,982		331,046

				20,229,816

*Construction Materials* (*0.1%*)
Texas Industries, Inc.		20,526		646,980

*Containers & Packaging* (*0.5%*)
Boise, Inc.*		56,200		364,738
Graphic Packaging Holding Co.*		94,953		317,143
Rock-Tenn Co., Class A		31,244		1,556,264
Silgan Holdings, Inc.		47,402		1,502,643

				3,740,788

*Metals & Mining* (*1.7%*)
Allied Nevada Gold Corp.*		59,421		1,574,657
AMCOL International Corp.		23,149		606,272
Brush Engineered Materials, Inc.*		19,245		547,328
Century Aluminum Co.*		42,291		556,973
Coeur d’Alene Mines Corp.*		65,236		1,299,501
Globe Specialty Metals, Inc.*		49,200		690,768
Golden Star Resources Ltd.*		206,800		1,021,592
Haynes International, Inc.		16,433		573,840
Hecla Mining Co.*		199,429		1,260,391
Horsehead Holding Corp.*		32,667		322,423
Jaguar Mining, Inc.*		67,400		438,100
Kaiser Aluminum Corp.		13,791		590,117
Molycorp, Inc.*		20,170		570,609
Redcorp Ventures Ltd.(b)*†		46,400		—
RTI International Metals, Inc.*		27,586		844,683
Stillwater Mining Co.*		48,978		824,790
Thompson Creek Metals Co., Inc.*		112,100		1,208,438
U.S. Gold Corp.*		64,900		322,553
Worthington Industries, Inc.		59,280		890,979

				14,144,014

*Paper & Forest Products* (*0.6%*)
Buckeye Technologies, Inc.		37,020		544,564
Clearwater Paper Corp.*		10,569		804,090
Deltic Timber Corp.		9,253		414,534
KapStone Paper and Packaging Corp.*		27,486		333,680
Louisiana-Pacific Corp.*		103,548		783,858
P.H. Glatfelter Co.		43,415		527,926
Schweitzer-Mauduit International, Inc.		14,782		861,939
Wausau Paper Corp.*		37,989		314,929

				4,585,520

Total Materials				43,347,118

Telecommunication Services (1.0%)
*Diversified Telecommunication Services* (*0.7%*)
AboveNet, Inc.*		18,055		940,485

See Notes to Portfolio of Investments.

468

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Alaska Communications Systems Group, Inc.		31,677	$	321,521
Atlantic Tele-Network, Inc.		9,090		447,592
Cbeyond, Inc.*		18,708		240,024
Cincinnati Bell, Inc.*		208,237		555,993
Cogent Communications Group, Inc.*		39,925		378,090
Consolidated Communications Holdings, Inc.		22,542		420,859
General Communication, Inc., Class A*		38,100		379,857
Global Crossing Ltd.*		25,589		329,074
Iridium Communications, Inc.*		27,300		233,142
Neutral Tandem, Inc.*		30,573		365,347
PAETEC Holding Corp.*		126,685		520,675
Premiere Global Services, Inc.*		58,452		413,840

				5,546,499

*Wireless Telecommunication Services* (*0.3%*)
NTELOS Holdings Corp.		27,721		469,039
Shenandoah Telecommunications Co.		21,724		394,725
Syniverse Holdings, Inc.*		51,229		1,161,362
USA Mobility, Inc.		18,500		296,555

				2,321,681

Total Telecommunication Services				7,868,180

Utilities (3.3%)
*Electric Utilities* (*1.3%*)
Allete, Inc.		25,023		911,588
Cleco Corp.		46,481		1,376,767
El Paso Electric Co.*		40,746		968,940
Empire District Electric Co.		30,023		604,963
IDACORP, Inc.		37,108		1,332,919
MGE Energy, Inc.		20,553		813,693
PNM Resources, Inc.		75,781		863,146
Portland General Electric Co.		57,432		1,164,721
UIL Holdings Corp.		39,731		1,118,825
UniSource Energy Corp.		32,843		1,097,942

				10,253,504

*Gas Utilities* (*1.3%*)
Chesapeake Utilities Corp.		7,500		271,650
Laclede Group, Inc.		16,352		562,836
New Jersey Resources Corp.		32,311		1,267,237
Nicor, Inc.		35,092		1,607,915
Northwest Natural Gas Co.		24,242		1,150,283
Piedmont Natural Gas Co., Inc.#		55,177		1,600,133
South Jersey Industries, Inc.		26,076		1,289,980
Southwest Gas Corp.		39,036		1,311,219
WGL Holdings, Inc.		44,725		1,689,711

				10,750,964

*Independent Power Producers & Energy Traders* (*0.1%*)
Dynegy, Inc.*		82,200		400,314

*Multi-Utilities* (*0.4%*)
Avista Corp.		46,099		962,547
Black Hills Corp.		34,719		1,083,233
CH Energy Group, Inc.		14,668		647,739
NorthWestern Corp.		26,578		757,473

				3,450,992

*Water Utilities* (*0.2%*)
American States Water Co.		16,779		600,353
California Water Service Group		16,750		618,912
SJW Corp.		15,852	$	390,435

				1,609,700

Total Utilities				26,465,474

Total Common Stocks (99.5%) (Cost $604,351,717)				803,798,561

INVESTMENT COMPANY:
*Investment Company (0.0%)*
Kayne Anderson Energy Development Co. (Cost $131,203)		8,285		132,975

	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (0.6%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $5,053,438)	$	5,053,438		5,053,438

Total Investments (100.1%)
(Cost/Amortized Cost $609,536,358)				808,984,974
Other Assets Less Liabilities (-0.1%)				(877,640	)

Net Assets (100%)			$	808,107,334

*	Non-income producing.

†	Securities (totaling $0 or 0.0% of net assets) at fair value by management.

#	All, or a portion of security held by broker as collateral for financial futures contracts, with a total collateral value of $1,884,582.

(b)

Illiquid Security.

See Notes to Portfolio of Investments.

469

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


Purchase	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Russell 2000 Mini Index		37		December-10	$	2,466,479	$	2,495,650	$	29,171

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	111,216,728	$	—	$	—	$	111,216,728
Consumer Staples		24,588,718		—		—		24,588,718
Energy		44,811,829		—		—		44,811,829
Financials		167,037,605		—		—		167,037,605
Health Care		104,513,730		—		—		104,513,730
Industrials		123,590,664		—		—		123,590,664
Information Technology		150,358,515		—		—		150,358,515
Materials		43,347,118		—		—		43,347,118
Telecommunication Services		7,868,180		—		—		7,868,180
Utilities		26,465,474		—		—		26,465,474
Futures		29,171		—		—		29,171
Investment Companies
Investment Companies		132,975		—		—		132,975
Short-Term Investments		—		5,053,438		—		5,053,438

Total Assets	$	803,960,707	$	5,053,438	$	—	$	809,014,145

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	803,960,707	$	5,053,438	$	—	$	809,014,145

See Notes to Portfolio of Investments.

470

EQ ADVISORS TRUST

EQ/SMALL COMPANY INDEX PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities-Financials			Investments in Securities-Materials
Balance as of 12/31/09	$	1,519		$	—
Total gains or losses (realized/unrealized) included in earnings		(1,519	)		—
Purchases, sales, issuances, and settlements (net)		—			—
Transfers into Level 3		—			—
Transfers out of Level 3		—			—

Balance as of 9/30/10	$	—		$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	—		$	—

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	121,862,172
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	168,479,889

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	230,962,333
Aggregate gross unrealized depreciation		(40,294,017	)

Net unrealized appreciation	$	190,668,316

Federal income tax cost of investments	$	618,316,658

See Notes to Portfolio of Investments.

471

EQ ADVISORS TRUST

EQ/T. ROWE PRICE GROWTH STOCK PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (17.0%)
*Hotels, Restaurants & Leisure (5.1%)*
Carnival plc		100,800	$	3,961,835
Ctrip.com International Ltd. (ADR)*		69,800		3,332,950
Las Vegas Sands Corp.*		81,900		2,854,215
Marriott International, Inc., Class A		190,909		6,840,269
MGM Resorts International*		200,800		2,265,024
Starbucks Corp.		322,400		8,246,992
Starwood Hotels & Resorts Worldwide, Inc.		95,200		5,002,760

				32,504,045

*Internet & Catalog Retail (5.6%)*
Amazon.com, Inc.*		163,700		25,710,722
Liberty Media Corp. - Interactive, Class A*		319,500		4,380,345
priceline.com, Inc.*		14,600		5,085,764

				35,176,831

*Media (1.4%)*
Discovery Communications, Inc., Class A*		60,600		2,639,130
Walt Disney Co.		196,000		6,489,560

				9,128,690

*Specialty Retail (2.8%)*
AutoZone, Inc.*		15,200		3,479,432
CarMax, Inc.*		139,700		3,892,042
Lowe’s Cos., Inc.		259,500		5,784,255
O’Reilly Automotive, Inc.*		81,000		4,309,200

				17,464,929

*Textiles, Apparel & Luxury Goods (2.1%)*
Coach, Inc.		165,100		7,092,696
NIKE, Inc., Class B		74,900		6,002,486

				13,095,182

Total Consumer Discretionary				107,369,677

Consumer Staples (2.3%)
*Beverages (0.8%)*
PepsiCo, Inc.		71,800		4,770,392

*Food & Staples Retailing (0.8%)*
Costco Wholesale Corp.		77,400		4,991,526

*Household Products (0.7%)*
Procter & Gamble Co.		76,600		4,593,702

Total Consumer Staples				14,355,620

Energy (7.8%)
*Energy Equipment & Services (3.2%)*
Cameron International Corp.*		109,000		4,682,640
FMC Technologies, Inc.*		60,900		4,158,861
McDermott International, Inc.*		114,300		1,689,354
Schlumberger Ltd.		152,900		9,420,169

				19,951,024

*Oil, Gas & Consumable Fuels (4.6%)*
EOG Resources, Inc.		105,400		9,799,038
Murphy Oil Corp.		51,600		3,195,072
Peabody Energy Corp.		78,600		3,852,186
Petroleo Brasileiro S.A. (Preference) (ADR)		188,500		6,186,570
Suncor Energy, Inc.		191,200		6,223,560

				29,256,426

Total Energy				49,207,450

Financials (8.6%)
*Capital Markets (3.0%)*
Franklin Resources, Inc.		84,700	$	9,054,430
Invesco Ltd.		272,400		5,783,052
Northern Trust Corp.		84,700		4,085,928

				18,923,410

*Commercial Banks (0.8%)*
U.S. Bancorp		162,400		3,511,088
Wells Fargo & Co.		69,700		1,751,561

				5,262,649

*Consumer Finance (2.0%)*
American Express Co.		276,400		11,617,092
Discover Financial Services		49,600		827,328

				12,444,420

*Diversified Financial Services (2.6%)*
IntercontinentalExchange, Inc.*		48,600		5,089,392
JPMorgan Chase & Co.		224,800		8,558,136
NYSE Euronext		98,200		2,805,574

				16,453,102

*Insurance (0.2%)*
Sun Life Financial, Inc.		45,000		1,177,374

Total Financials				54,260,955

Health Care (7.0%)
*Biotechnology (0.9%)*
Celgene Corp.*		62,900		3,623,669
Human Genome Sciences, Inc.*		70,800		2,109,132

				5,732,801

*Health Care Equipment & Supplies (1.5%)*
Intuitive Surgical, Inc.*		10,900		3,092,766
Stryker Corp.		85,900		4,299,295
Zimmer Holdings, Inc.*		43,800		2,292,054

				9,684,115

*Health Care Providers & Services (3.3%)*
Express Scripts, Inc.*		229,900		11,196,130
McKesson Corp.		99,400		6,140,932
Medco Health Solutions, Inc.*		61,500		3,201,690

				20,538,752

*Life Sciences Tools & Services (0.5%)*
Illumina, Inc.*		58,100		2,858,520

*Pharmaceuticals (0.8%)*
Allergan, Inc.		79,900		5,315,747

Total Health Care				44,129,935

Industrials (14.7%)
*Aerospace & Defense (1.2%)*
Precision Castparts Corp.		60,500		7,704,675

*Air Freight & Logistics (3.5%)*
Expeditors International of Washington, Inc.		109,300		5,052,939
FedEx Corp.		129,600		11,080,800
United Parcel Service, Inc., Class B		90,800		6,055,452

				22,189,191

*Commercial Services & Supplies (0.4%)*
Republic Services, Inc.		75,100		2,289,799

*Electrical Equipment (1.6%)*
Babcock & Wilcox Co.*		57,150		1,216,152
Emerson Electric Co.		115,500		6,082,230

See Notes to Portfolio of Investments.

472

EQ ADVISORS TRUST

EQ/T. ROWE PRICE GROWTH STOCK PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Rockwell Automation, Inc.		44,900	$	2,771,677

				10,070,059

*Industrial Conglomerates (1.2%)*
3M Co.		91,500		7,933,965

*Machinery (4.8%)*
Bucyrus International, Inc.		35,200		2,441,120
Caterpillar, Inc.		18,200		1,431,976
Cummins, Inc.		16,400		1,485,512
Danaher Corp.		445,200		18,079,572
Deere & Co.		41,500		2,895,870
PACCAR, Inc.		84,300		4,059,045

				30,393,095

*Road & Rail (0.6%)*
Union Pacific Corp.		44,100		3,607,380

*Trading Companies & Distributors (1.4%)*
Fastenal Co.		108,200		5,755,158
W.W. Grainger, Inc.		27,400		3,263,614

				9,018,772

Total Industrials				93,206,936

Information Technology (32.6%)
*Communications Equipment (4.0%)*
Cisco Systems, Inc.*		314,500		6,887,550
Juniper Networks, Inc.*		195,700		5,939,495
QUALCOMM, Inc.		274,400		12,380,928

				25,207,973

*Computers & Peripherals (8.3%)*
Apple, Inc.*		161,100		45,712,125
EMC Corp.*		73,600		1,494,816
NetApp, Inc.*		50,500		2,514,395
SanDisk Corp.*		77,600		2,844,040

				52,565,376

*Electronic Equipment, Instruments & Components (2.2%)*
Corning, Inc.		479,400		8,763,432
Dolby Laboratories, Inc., Class A*		91,200		5,181,072

				13,944,504

*Internet Software & Services (9.9%)*
Akamai Technologies, Inc.*		101,800		5,108,324
Baidu, Inc. (ADR)*		141,100		14,479,682
eBay, Inc.*		189,000		4,611,600
Google, Inc., Class A*		61,100		32,125,769
Tencent Holdings Ltd.		265,700		5,807,912

				62,133,287

*IT Services (5.4%)*
Accenture plc, Class A		143,100		6,080,319
Automatic Data Processing, Inc.		28,900		1,214,667
Mastercard, Inc., Class A		36,000		8,064,000
Visa, Inc., Class A		209,200		15,535,192
Western Union Co.		191,400		3,382,038

				34,276,216

*Semiconductors & Semiconductor Equipment (2.0%)*
ASML Holding N.V. (N.Y. Shares)		81,500		2,422,995
Broadcom Corp., Class A		167,300		5,920,747
Marvell Technology Group Ltd.*		98,000		1,715,980
Samsung Electronics Co., Ltd. (GDR)(b)§		6,912		2,355,021

				12,414,743

*Software (0.8%)*
Autodesk, Inc.*		41,500		1,326,755
Autonomy Corp. plc*		32,300		919,917
Rovi Corp.*		40,000		2,016,400
Salesforce.com, Inc.*		8,700	$	972,660

				5,235,732

Total Information Technology				205,777,831

Materials (5.1%)
*Chemicals (3.3%)*
Air Products & Chemicals, Inc.		33,300		2,757,906
Mosaic Co.		49,400		2,902,744
Potash Corp. of Saskatchewan, Inc.		3,800		547,352
Praxair, Inc.		161,800		14,604,068

				20,812,070

*Metals & Mining (1.8%)*
Agnico-Eagle Mines Ltd.		29,200		2,074,076
BHP Billiton Ltd.		156,266		5,876,924
Freeport-McMoRan Copper & Gold, Inc.		44,800		3,825,472

				11,776,472

Total Materials				32,588,542

Telecommunication Services (4.2%)
*Wireless Telecommunication Services (4.2%)*
American Tower Corp., Class A*		216,800		11,113,168
Crown Castle International Corp.*		345,200		15,240,580

Total Telecommunication Services				26,353,748

Total Common Stocks (99.3%) (Cost $526,384,435)				627,250,694


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (1.0%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $6,317,003)	$	6,317,003		6,317,003

Total Investments (100.3%) (Cost/Amortized Cost $532,701,438)				633,567,697
Other Assets Less Liabilities (-0.3%)				(1,912,793	)

Net Assets (100%)			$	631,654,904

*	Non-income producing.

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2010, the market value of these securities amounted to $2,355,021 or 0.4% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied

upon when determining liquidity.

(b)

Illiquid Security.

Glossary:

ADR — American Depositary Receipt

GDR — Global Depositary Receipt

See Notes to Portfolio of Investments.

473

EQ ADVISORS TRUST

EQ/T. ROWE PRICE GROWTH STOCK PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	103,407,842	$	3,961,835	$	—	$	107,369,677
Consumer Staples		14,355,620		—		—		14,355,620
Energy		49,207,450		—		—		49,207,450
Financials		54,260,955		—		—		54,260,955
Health Care		44,129,935		—		—		44,129,935
Industrials		93,206,936		—		—		93,206,936
Information Technology		196,694,981		9,082,850		—		205,777,831
Materials		26,711,618		5,876,924		—		32,588,542
Telecommunication Services		26,353,748		—		—		26,353,748
Short-Term Investments		—		6,317,003		—		6,317,003

Total Assets	$	608,329,085	$	25,238,612	$	—	$	633,567,697

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	608,329,085	$	25,238,612	$	—	$	633,567,697

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	219,811,886
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	205,765,957

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	106,552,754
Aggregate gross unrealized depreciation		(10,430,473	)

Net unrealized appreciation	$	96,122,281

Federal income tax cost of investments	$	537,445,416

See Notes to Portfolio of Investments.

474

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (11.9%)
*Auto Components (0.4%)*
Aisin Seiki Co., Ltd.		1,800	$	56,148
Bridgestone Corp.		6,500		118,430
Cie Generale des Etablissements Michelin, Class B		29,339		2,232,199
Continental AG*		508		39,481
Denso Corp.		5,200		154,169
Goodyear Tire & Rubber Co.*		2,300		24,725
Johnson Controls, Inc.		6,628		202,154
Koito Manufacturing Co., Ltd.		1,000		15,333
NGK Spark Plug Co., Ltd.		2,000		26,761
NHK Spring Co., Ltd.		2,000		16,555
NOK Corp.		900		15,665
Nokian Renkaat Oyj		883		30,322
Pirelli & C. S.p.A.		1,634		13,298
Stanley Electric Co., Ltd.		1,200		19,118
Sumitomo Rubber Industries Ltd.		1,100		10,739
Toyoda Gosei Co., Ltd.		800		17,633
Toyota Boshoku Corp.		700		11,647
Toyota Industries Corp.		2,100		56,072

				3,060,449

*Automobiles (2.0%)*
Bayerische Motoren Werke (BMW) AG		48,941		3,432,016
Bayerische Motoren Werke (BMW) AG (Preference)		614		28,639
Daihatsu Motor Co., Ltd.		2,000		26,761
Daimler AG (Registered)*		9,093		575,920
Fiat S.p.A.		8,431		130,107
Ford Motor Co.*		33,760		413,222
Fuji Heavy Industries Ltd.		5,000		31,864
Harley-Davidson, Inc.		2,318		65,924
Honda Motor Co., Ltd.		16,500		585,643
Hyundai Motor Co.		31,793		4,266,020
Isuzu Motors Ltd.		11,000		42,429
Mazda Motor Corp.		14,100		33,950
Mitsubishi Motors Corp.*		39,000		50,922
Nissan Motor Co., Ltd.		26,200		228,795
Peugeot S.A.*		1,401		47,108
Porsche Automobil Holding SE (Preference)		1,002		49,619
Renault S.A.*		2,056		105,793
Suzuki Motor Corp.		3,300		69,416
Toyota Motor Corp.		104,900		3,767,252
Volkswagen AG		357		39,338
Volkswagen AG (Preference)		1,727		208,429
Yamaha Motor Co., Ltd.*		2,200		33,021

				14,232,188

*Distributors (0.0%)*
Canon Marketing Japan, Inc.		700		9,635
Genuine Parts Co.		1,551		69,159
Jardine Cycle & Carriage Ltd.		1,000		29,884
Li & Fung Ltd.		22,000		123,768

				232,446

*Diversified Consumer Services (0.0%)*
Apollo Group, Inc., Class A*		1,200		61,620
Benesse Holdings, Inc.		600		28,893
DeVry, Inc.		676		33,266
H&R Block, Inc.		3,300		42,735

				166,514

*Hotels, Restaurants & Leisure (0.6%)*
Accor S.A.		34,388	$	1,255,666
Aristocrat Leisure Ltd.		3,010		10,270
Autogrill S.p.A.*		893		11,200
Carnival Corp.		4,300		164,303
Carnival plc		1,716		67,445
Compass Group plc		19,128		159,406
Crown Ltd.		5,838		47,342
Darden Restaurants, Inc.		1,363		58,309
Genting Singapore plc*		55,942		79,121
Intercontinental Hotels Group plc		2,656		47,397
International Game Technology		2,934		42,396
Marriott International, Inc., Class A		2,821		101,076
McDonald’s Corp.		10,466		779,822
McDonald’s Holdings Co. Japan Ltd.		973		23,427
OPAP S.A.		2,171		34,331
Oriental Land Co., Ltd.		600		55,918
Sands China Ltd.*		24,396		44,020
Shangri-La Asia Ltd.		16,000		36,418
Sky City Entertainment Group Ltd.		6,322		13,127
Sodexo S.A.		885		57,428
Starbucks Corp.		7,069		180,825
Starwood Hotels & Resorts Worldwide, Inc.		1,872		98,374
TABCORP Holdings Ltd.		6,891		46,623
Tatts Group Ltd.		9,671		22,341
Thomas Cook Group plc		8,852		23,890
TUI AG*		1,678		20,531
TUI Travel plc		5,765		19,417
Whitbread plc		1,806		46,074
Wyndham Worldwide Corp.		1,900		52,193
Wynn Macau Ltd.*		15,600		26,982
Wynn Resorts Ltd.		717		62,214
Yum! Brands, Inc.		4,597		211,738

				3,899,624

*Household Durables (0.2%)*
Casio Computer Co., Ltd.		1,700		12,606
D.R. Horton, Inc.		2,757		30,658
Electrolux AB, Class B		2,179		53,664
Fortune Brands, Inc.		1,395		68,676
Harman International Industries, Inc.*		800		26,728
Husqvarna AB, Class B		5,135		38,015
Leggett & Platt, Inc.		1,600		36,416
Lennar Corp., Class A		1,400		21,532
Newell Rubbermaid, Inc.		2,739		48,782
Panasonic Corp.		19,300		261,479
Pulte Group, Inc.*		3,057		26,779
Rinnai Corp.		500		29,408
Sanyo Electric Co., Ltd.*		15,000		24,796
Sekisui Chemical Co., Ltd.		5,000		30,247
Sekisui House Ltd.		6,000		53,905
Sharp Corp.		10,000		99,545
Sony Corp.		9,900		306,084
Stanley Black & Decker, Inc.		1,631		99,948
Whirlpool Corp.		748		60,558

				1,329,826

*Internet & Catalog Retail (0.4%)*
Amazon.com, Inc.*		3,482		546,883
DeNA Co., Ltd.		1,000		31,493
Expedia, Inc.		65,424		1,845,611
Home Retail Group plc		9,050		29,286
priceline.com, Inc.*		476		165,810

See Notes to Portfolio of Investments.

475

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Rakuten, Inc.		67	$	49,038

				2,668,121

*Leisure Equipment & Products (0.1%)*
Eastman Kodak Co.*		2,100		8,820
Hasbro, Inc.		1,335		59,421
Mattel, Inc.		3,541		83,072
Namco Bandai Holdings, Inc.		2,600		24,106
Nikon Corp.		3,000		55,630
Sankyo Co., Ltd.		400		21,179
Sega Sammy Holdings, Inc.		1,500		22,928
Shimano, Inc.		800		42,357
Yamaha Corp.		2,000		23,215

				340,728


*Media (5.6%)*
British Sky Broadcasting Group plc		11,723		129,922
CBS Corp., Class B		6,701		106,278
Comcast Corp., Class A		357,150		6,104,868
Dentsu, Inc.		1,761		40,797
DIRECTV, Class A*		8,516		354,521
Discovery Communications, Inc., Class A*		2,900		126,295
Eutelsat Communications S.A.		1,215		46,378
Fairfax Media Ltd.		25,389		35,951
Fuji Media Holdings, Inc.		8		10,187
Gannett Co., Inc.		2,500		30,575
Gestevision Telecinco S.A.		599		6,598
Hakuhodo DY Holdings, Inc.		260		12,583
Interpublic Group of Cos., Inc.*		5,200		52,156
ITV plc*		26,173		24,525
J.C. Decaux S.A.*		913		24,103
Jupiter Telecommunications Co., Ltd.		21		22,640
Lagardere S.C.A.		1,147		44,806
McGraw-Hill Cos., Inc.		2,869		94,849
Mediaset S.p.A.		7,420		52,600
Meredith Corp.		400		13,324
Metropole Television S.A.		436		10,253
Modern Times Group AB, Class B		509		37,946
New York Times Co., Class A*		1,500		11,610
News Corp., Class A		422,160		5,513,410
Omnicom Group, Inc.		2,900		114,492
PagesJaunes Groupe S.A.		1,296		13,571
Pearson plc		231,485		3,583,670
Publicis Groupe S.A.		1,098		52,150
Reed Elsevier N.V.		162,958		2,054,911
Reed Elsevier plc		12,507		105,702
Sanoma Oyj		909		19,232
Scripps Networks Interactive, Inc., Class A		884		42,061
SES S.A.		3,241		77,917
Singapore Press Holdings Ltd.		17,000		54,939
Societe Television Francaise 1 S.A.		1,457		22,683
Television Broadcasts Ltd.		3,000		17,129
Time Warner Cable, Inc.		63,454		3,425,881
Time Warner, Inc.		127,400		3,904,810
Toho Co., Ltd.		800		12,870
Viacom, Inc., Class B		89,700		3,246,243
Vivendi S.A.		202,655		5,539,202
Walt Disney Co.		118,507		3,923,767
Washington Post Co., Class B		42		16,775
Wolters Kluwer N.V.		2,608		54,752
WPP plc		12,929		143,085

				39,333,017

*Multiline Retail (0.5%)*
Big Lots, Inc.*		602		20,017
Family Dollar Stores, Inc.		1,300	$	57,408
Harvey Norman Holdings Ltd.		3,733		13,603
Isetan Mitsukoshi Holdings Ltd.		4,000		41,543
J. Front Retailing Co., Ltd.		6,000		27,887
J.C. Penney Co., Inc.		2,327		63,248
Kohl’s Corp.*		3,088		162,676
Lifestyle International Holdings Ltd.		6,500		16,051
Macy’s, Inc.		4,161		96,077
Marks & Spencer Group plc		16,291		99,321
Marui Group Co., Ltd.		1,500		11,230
Next plc		2,034		70,806
Nordstrom, Inc.		1,750		65,100
PPR S.A.		795		128,699
Sears Holdings Corp.*		355		25,610
Takashimaya Co., Ltd.		2,000		15,429
Target Corp.		45,167		2,413,724

				3,328,429

*Specialty Retail (1.8%)*
ABC-Mart, Inc.		200		6,157
Abercrombie & Fitch Co., Class A		800		31,456
AutoNation, Inc.*		763		17,740
AutoZone, Inc.*		300		68,673
Bed Bath & Beyond, Inc.*		2,598		112,779
Best Buy Co., Inc.		3,406		139,067
CarMax, Inc.*		2,192		61,069
Esprit Holdings Ltd.		12,716		68,998
Fast Retailing Co., Ltd.		500		70,436
GameStop Corp., Class A*		1,400		27,594
Gap, Inc.		4,500		83,880
Hennes & Mauritz AB, Class B		10,582		383,224
Home Depot, Inc.		80,410		2,547,389
Inditex S.A.		36,547		2,903,169
Kingfisher plc		897,212		3,300,886
Limited Brands, Inc.		2,605		69,762
Lowe’s Cos., Inc.		13,833		308,337
Nitori Holdings Co., Ltd.		300		25,084
Office Depot, Inc.*		3,200		14,720
O’Reilly Automotive, Inc.*		1,366		72,671
RadioShack Corp.		1,234		26,321
Ross Stores, Inc.		1,090		59,536
Shimamura Co., Ltd.		200		18,567
Staples, Inc.		7,187		150,352
Tiffany & Co.		1,300		61,087
TJX Cos., Inc.		4,000		178,520
Urban Outfitters, Inc.*		1,300		40,872
USS Co., Ltd.		24,590		1,835,119
Yamada Denki Co., Ltd.		810		50,261

				12,733,726

*Textiles, Apparel & Luxury Goods (0.3%)*
Adidas AG		2,080		128,763
Asics Corp.		1,000		10,194
Billabong International Ltd.		1,567		12,071
Burberry Group plc		4,473		73,077
Christian Dior S.A.		727		95,025
Cie Financiere Richemont S.A., Class A		5,294		254,881
Coach, Inc.		3,000		128,880
Hermes International S.A.		536		122,393
Luxottica Group S.p.A.		1,215		33,226
LVMH Moet Hennessy Louis Vuitton S.A.		2,445		358,647
NIKE, Inc., Class B		3,804		304,853
Nisshinbo Holdings, Inc.		1,000		10,026
Polo Ralph Lauren Corp.		642		57,690

See Notes to Portfolio of Investments.

476

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Puma AG Rudolf Dassler Sport		76	$	25,073
Swatch Group AG		313		117,759
Swatch Group AG (Registered)		571		39,455
VF Corp.		900		72,918
Yue Yuen Industrial Holdings Ltd.		7,500		27,791

				1,872,722

Total Consumer Discretionary				83,197,790

Consumer Staples (4.6%)
*Beverages (0.7%)*
Anheuser-Busch InBev N.V.		7,371		433,594
Asahi Breweries Ltd.		4,100		82,020
Brown-Forman Corp., Class B		986		60,777
Carlsberg A/S, Class B		1,152		120,114
Coca Cola Hellenic Bottling Co. S.A.		2,123		56,032
Coca-Cola Amatil Ltd.		6,356		73,598
Coca-Cola Co.		22,700		1,328,404
Coca-Cola Enterprises, Inc.		3,300		102,300
Coca-Cola West Co., Ltd.		200		3,373
Constellation Brands, Inc., Class A*		1,535		27,154
Diageo plc		25,199		433,853
Dr. Pepper Snapple Group, Inc.		2,285		81,163
Foster’s Group Ltd.		19,570		115,951
Heineken Holding N.V.		1,311		57,352
Heineken N.V.		2,429		125,963
Ito En Ltd.		200		3,285
Kirin Holdings Co., Ltd.		8,000		113,560
Molson Coors Brewing Co., Class B		1,556		73,474
PepsiCo, Inc.		15,621		1,037,859
Pernod-Ricard S.A.		1,996		166,664
SABMiller plc		9,705		310,324
Sapporo Holdings Ltd.		3,000		14,051

				4,820,865

*Food & Staples Retailing (1.6%)*
Aeon Co., Ltd.		6,600		70,839
Carrefour S.A.		5,872		315,517
Casino Guichard Perrachon S.A.		653		59,786
Colruyt S.A.		183		48,373
Costco Wholesale Corp.		4,372		281,950
CVS Caremark Corp.		99,908		3,144,105
Delhaize Group S.A.		981		71,147
FamilyMart Co., Ltd.		400		14,341
J Sainsbury plc		12,297		75,473
Jeronimo Martins SGPS S.A.		2,930		39,184
Kesko Oyj, Class B		818		38,383
Koninklijke Ahold N.V.		12,009		161,879
Kroger Co.		6,131		132,797
Lawson, Inc.		600		27,492
Metcash Ltd.		6,197		26,175
Metro AG		1,188		77,333
Olam International Ltd.		15,000		37,183
Safeway, Inc.		3,756		79,477
Seven & I Holdings Co., Ltd.		7,700		180,417
SUPERVALU, Inc.		1,900		21,907
Sysco Corp.		5,923		168,924
Tesco plc		563,923		3,756,075
UNY Co., Ltd.		1,000		7,906
Walgreen Co.		9,580		320,930
Wal-Mart Stores, Inc.		19,676		1,053,060
Wesfarmers Ltd.		10,040		319,170
Wesfarmers Ltd. (PPS)		1,825		58,369
Whole Foods Market, Inc.*		1,419		52,659
WM Morrison Supermarkets plc		21,785		101,195
Woolworths Ltd.		12,468		347,549

				11,089,595

*Food Products (1.4%*)
Ajinomoto Co., Inc.		6,000	$	58,721
Archer-Daniels-Midland Co.		6,166		196,819
Aryzta AG		701		30,675
Associated British Foods plc		3,668		60,444
Campbell Soup Co.		1,905		68,104
ConAgra Foods, Inc.		4,499		98,708
Danone S.A.		5,741		343,384
Dean Foods Co.*		2,000		20,420
General Mills, Inc.		6,400		233,856
Golden Agri-Resources Ltd.		59,244		25,678
Goodman Fielder Ltd.		9,475		11,951
H.J. Heinz Co.		3,214		152,247
Hershey Co.		1,481		70,481
Hormel Foods Corp.		682		30,417
J.M. Smucker Co.		1,200		72,636
Kellogg Co.		2,585		130,568
Kerry Group plc, Class A		1,628		57,115
Kikkoman Corp.		2,000		22,065
Kraft Foods, Inc., Class A		17,168		529,804
Lindt & Spruengli AG		6		14,386
Lindt & Spruengli AG (Registered)		1		27,935
McCormick & Co., Inc. (Non-Voting)		1,400		58,856
Mead Johnson Nutrition Co.		1,921		109,324
MEIJI Holdings Co., Ltd.		869		40,910
Nestle S.A. (Registered)		109,494		5,833,217
Nippon Meat Packers, Inc.		2,000		24,485
Nisshin Seifun Group, Inc.		2,500		32,852
Nissin Food Holdings Co., Ltd.		900		32,505
Parmalat S.p.A.		15,412		39,542
Premier Foods plc*		1,780,555		455,084
Sara Lee Corp.		6,500		87,295
Suedzucker AG		832		18,607
Toyo Suisan Kaisha Ltd.		1,000		20,616
Tyson Foods, Inc., Class A		2,615		41,892
Unilever N.V. (CVA)		16,661		497,985
Unilever plc		13,237		382,818
Wilmar International Ltd.		19,000		86,830
Yakult Honsha Co., Ltd.		800		24,705
Yamazaki Baking Co., Ltd.		1,000		12,195

				10,056,132

*Household Products* (*0.4%*)
Clorox Co.		1,304		87,055
Colgate-Palmolive Co.		4,800		368,928
Henkel AG & Co. KGaA		1,193		54,019
Henkel AG & Co. KGaA (Preference)		1,988		106,780
Kimberly-Clark Corp.		4,000		260,200
Procter & Gamble Co.		27,930		1,674,962
Reckitt Benckiser Group plc		6,264		344,503
Unicharm Corp.		1,200		48,299

				2,944,746

*Personal Products* (*0.1%*)
Avon Products, Inc.		4,222		135,568
Beiersdorf AG		1,006		61,577
Estee Lauder Cos., Inc., Class A		1,031		65,190
Kao Corp.		5,500		134,008
L’Oreal S.A.		2,383		267,947
Shiseido Co., Ltd.		3,500		78,570

				742,860

*Tobacco* (*0.4%*)
Altria Group, Inc.		20,514		492,746
British American Tobacco plc		20,299		757,173
Imperial Tobacco Group plc		10,483		312,393
Japan Tobacco, Inc.		48		159,789

See Notes to Portfolio of Investments.

477

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Lorillard, Inc.		1,500	$	120,465
Philip Morris International, Inc.		18,030		1,010,041
Reynolds American, Inc.		1,664		98,825
Swedish Match AB		2,521		67,248

				3,018,680

Total Consumer Staples				32,672,878

Energy (7.2%)
*Energy Equipment & Services (1.6%)*
Aker Solutions ASA		1,903		27,585
AMEC plc		3,422		53,004
Baker Hughes, Inc.		56,899		2,423,897
Cameron International Corp.*		2,248		96,574
Cie Generale de Geophysique-Veritas*		1,311		28,774
Diamond Offshore Drilling, Inc.		599		40,594
FMC Technologies, Inc.*		1,181		80,650
Fugro N.V. (CVA)		680		44,714
Halliburton Co.		125,550		4,151,939
Helmerich & Payne, Inc.		1,137		46,003
Nabors Industries Ltd.*		2,808		50,712
National Oilwell Varco, Inc.		4,125		183,439
Noble Corp.*		21,000		709,590
Petrofac Ltd.		2,631		56,747
Rowan Cos., Inc.*		1,128		34,246
Saipem S.p.A.		2,597		104,016
SBM Offshore N.V.		90,013		1,705,672
Schlumberger Ltd.		13,369		823,664
Seadrill Ltd.		2,678		77,365
Technip S.A.		1,002		80,579
Tenaris S.A.		5,256		100,815
WorleyParsons Ltd.		1,689		36,323

				10,956,902

*Oil, Gas & Consumable Fuels (5.6%)*
Anadarko Petroleum Corp.		4,900		279,545
Apache Corp.		3,586		350,567
BG Group plc		128,329		2,254,807
BP plc		796,305		5,351,417
Cabot Oil & Gas Corp.		1,100		33,121
Cairn Energy plc*		13,196		94,029
Caltex Australia Ltd.		882		10,221
Chesapeake Energy Corp.		6,441		145,889
Chevron Corp.		43,030		3,487,581
ConocoPhillips		14,600		838,478
Consol Energy, Inc.		2,223		82,162
Cosmo Oil Co., Ltd.		4,000		10,446
Denbury Resources, Inc.*		4,100		65,149
Devon Energy Corp.		4,271		276,505
El Paso Corp.		7,200		89,136
Energy Resources of Australia Ltd.		1,048		13,472
ENI S.p.A.		177,887		3,838,845
EOG Resources, Inc.		2,491		231,588
EQT Corp.		1,500		54,090
Exxon Mobil Corp.		50,044		3,092,219
Galp Energia SGPS S.A., Class B		2,329		40,196
Gazprom OAO (ADR)		74,400		1,558,680
Hess Corp.		2,877		170,088
Idemitsu Kosan Co., Ltd.		200		17,154
INPEX Corp.		22		103,570
Japan Petroleum Exploration Co.		400		15,069
JX Holdings, Inc.		21,994		127,517
Marathon Oil Corp.		7,102		235,076
Massey Energy Co.		1,005		31,175
Mongolia Energy Co., Ltd.*		41,746		17,325
Murphy Oil Corp.		1,888		116,905
Neste Oil Oyj		1,474	$	23,028
Noble Energy, Inc.		1,752		131,558
Occidental Petroleum Corp.		8,000		626,400
OMV AG		1,389		51,997
Origin Energy Ltd.		9,269		141,999
Paladin Energy Ltd.*		8,301		28,804
Peabody Energy Corp.		2,600		127,426
Pioneer Natural Resources Co.		1,142		74,264
QEP Resources, Inc.		1,801		54,282
Range Resources Corp.		1,575		60,055
Repsol YPF S.A.		7,179		184,921
Royal Dutch Shell plc, Class A		35,692		1,074,274
Royal Dutch Shell plc, Class B		184,661		5,386,859
Santos Ltd.		8,823		109,242
Showa Shell Sekiyu KK		2,700		20,635
Southwestern Energy Co.*		3,407		113,930
Spectra Energy Corp.		6,143		138,525
Statoil ASA		81,766		1,705,906
Sunoco, Inc.		1,292		47,158
Tesoro Corp.		1,405		18,771
TonenGeneral Sekiyu KK		2,000		18,519
Total S.A.		106,280		5,477,423
Tullow Oil plc		9,125		182,621
Valero Energy Corp.		5,574		97,601
Williams Cos., Inc.		5,755		109,978
Woodside Petroleum Ltd.		5,577		236,533

				39,274,731

Total Energy				50,231,633

Financials (12.6%)
*Capital Markets (0.9%)*
3i Group plc		10,008		45,042
Ameriprise Financial, Inc.		2,389		113,071
Bank of New York Mellon Corp.		12,080		315,650
Charles Schwab Corp.		9,931		138,041
Credit Suisse Group AG (Registered)		11,641		497,555
Daiwa Securities Group, Inc.		16,500		66,609
Deutsche Bank AG (Registered)		6,278		343,580
ETRADE Financial Corp.		1,955		28,426
Federated Investors, Inc., Class B		903		20,552
Franklin Resources, Inc.		1,406		150,301
GAM Holding Ltd.*		1,713		25,974
Goldman Sachs Group, Inc.		5,076		733,888
ICAP plc		5,375		36,434
Invesco Ltd.		4,608		97,828
Investec plc		5,164		41,250
Jafco Co., Ltd.		200		4,722
Janus Capital Group, Inc.		2,100		22,995
Julius Baer Group Ltd.		2,145		78,081
Legg Mason, Inc.		1,360		41,222
Macquarie Group Ltd.		3,528		123,680
Man Group plc		17,650		60,749
Matsui Securities Co., Ltd.		400		2,238
Mediobanca S.p.A.*		5,665		52,670
Mizuho Securities Co., Ltd.		8,000		18,304
Morgan Stanley		13,751		339,375
Nomura Holdings, Inc.		34,500		166,962
Northern Trust Corp.		2,383		114,956
Ratos AB, Class B		1,289		44,520
SBI Holdings, Inc.		147		18,437
Schroders plc		1,260		28,463
State Street Corp.		4,802		180,843
T. Rowe Price Group, Inc.		2,600		130,169
UBS AG (Registered)*		110,568		1,876,837

				5,959,424

See Notes to Portfolio of Investments.

478

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Commercial Banks (4.6%)*
77 Bank Ltd.		5,000	$	25,335
Alpha Bank AE*		4,219		26,457
Aozora Bank Ltd.		10,000		14,734
Australia & New Zealand Banking Group Ltd.		25,668		587,487
Banca Carige S.p.A.		5,056		11,773
Banca Monte dei Paschi di Siena S.p.A.*		27,039		37,451
Banca Popolare di Milano S.c.a.r.l.		2,942		14,037
Banco Bilbao Vizcaya Argentaria S.A.		36,048		486,756
Banco Comercial Portugues S.A. (Registered)		30,217		26,322
Banco de Sabadell S.A.		8,082		40,479
Banco de Valencia S.A.		2,977		16,964
Banco Espirito Santo S.A. (Registered)		4,002		18,522
Banco Popolare S.c.a.r.l.		5,851		35,016
Banco Popular Espanol S.A.		8,137		51,581
Banco Santander S.A.		82,811		1,051,816
Bank Hapoalim B.M.*		10,146		46,435
Bank Leumi Le-Israel B.M.*		12,198		56,663
Bank of Cyprus Public Co., Ltd.		6,808		34,340
Bank of East Asia Ltd.		17,200		72,823
Bank of Ireland*		34,555		29,206
Bank of Kyoto Ltd.		4,000		32,439
Bank of Yokohama Ltd.		11,000		51,390
Bankinter S.A.		3,926		27,280
Barclays plc		115,460		543,403
BB&T Corp.		6,931		166,898
Bendigo and Adelaide Bank Ltd.		3,572		31,590
BNP Paribas S.A.		9,577		681,123
BOC Hong Kong Holdings Ltd.		36,500		115,726
Chiba Bank Ltd.		7,000		40,836
Chugoku Bank Ltd.		2,000		24,317
Chuo Mitsui Trust Holdings, Inc.		11,000		36,500
Comerica, Inc.		1,595		59,254
Commerzbank AG*		7,990		66,226
Commonwealth Bank of Australia		15,719		777,436
Credit Agricole S.A.		9,129		142,683
Danske Bank A/S*		4,535		109,418
DBS Group Holdings Ltd.		204,988		2,194,686
Deutsche Postbank AG*		762		25,934
Dexia S.A.*		6,744		29,714
DnB NOR ASA		9,819		133,649
EFG Eurobank Ergasias S.A.*		4,029		24,277
Erste Group Bank AG		1,860		74,472
Fifth Third Bancorp		8,000		96,240
First Horizon National Corp.*		2,597		29,636
Fukuoka Financial Group, Inc.		7,000		28,007
Gunma Bank Ltd.		5,000		26,174
Hachijuni Bank Ltd.		5,000		26,114
Hang Seng Bank Ltd.		7,700		113,235
Hiroshima Bank Ltd.		7,000		28,510
Hokuhoku Financial Group, Inc.		16,000		29,324
HSBC Holdings plc		497,413		5,084,594
Huntington Bancshares, Inc./Ohio		7,056		40,007
ICICI Bank Ltd. (ADR)		43,240		2,155,514
Intesa Sanpaolo S.p.A.		677,779		2,193,051
Israel Discount Bank Ltd., Class A*		5,294		10,501
Iyo Bank Ltd.		3,000		24,329
Joyo Bank Ltd.		5,000		21,802
KB Financial Group, Inc. (ADR)		73,083		3,133,068
KBC Groep N.V.*		1,798		80,654
KeyCorp		8,665		68,973
Lloyds Banking Group plc*		405,608	$	472,270
M&T Bank Corp.		844		69,048
Marshall & Ilsley Corp.		5,500		38,720
Mitsubishi UFJ Financial Group, Inc.		130,000		605,774
Mizrahi Tefahot Bank Ltd.		1,185		10,980
Mizuho Financial Group, Inc.		203,804		297,845
Mizuho Trust & Banking Co., Ltd.*		20,000		16,770
National Australia Bank Ltd.		21,231		519,998
National Bank of Greece S.A.*		6,044		59,077
Natixis S.A.*		10,058		57,589
Nishi-Nippon City Bank Ltd.		9,000		25,767
Nordea Bank AB		32,138		334,714
Oversea-Chinese Banking Corp., Ltd.		26,000		174,968
Piraeus Bank S.A.*		3,145		15,563
PNC Financial Services Group, Inc.		5,172		268,478
Raiffeisen International Bank Holding AG		671		31,284
Regions Financial Corp.		11,300		82,151
Resona Holdings, Inc.		5,451		48,907
Royal Bank of Scotland Group plc*		174,385		129,328
Sapporo Hokuyo Holdings, Inc.		1,776		8,212
Senshu Ikeda Holdings, Inc.		6,000		8,984
Seven Bank Ltd.		9		16,118
Shinsei Bank Ltd.*		9,000		6,361
Shizuoka Bank Ltd.		6,000		51,677
Skandinaviska Enskilda Banken AB, Class A		14,316		106,154
Societe Generale S.A.		6,511		375,016
Standard Chartered plc		20,866		598,534
Sumitomo Mitsui Financial Group, Inc.		13,377		389,708
Sumitomo Trust & Banking Co., Ltd.		14,000		70,101
SunTrust Banks, Inc.		4,921		127,109
Suruga Bank Ltd.		2,000		17,633
Svenska Handelsbanken AB, Class A		4,765		156,162
Swedbank AB, Class A*		6,906		95,747
U.S. Bancorp		18,800		406,456
UniCredit S.p.A.		1,185,962		3,028,197
Unione di Banche Italiane S.c.p.A.		5,442		52,748
United Overseas Bank Ltd.		13,000		181,096
Wells Fargo & Co.		51,516		1,294,597
Westpac Banking Corp.		30,431		683,560
Wing Hang Bank Ltd.		2,500		29,982
Yamaguchi Financial Group, Inc.		3,000		28,282
Zions Bancorp		1,706		36,440

				32,291,286

*Consumer Finance (0.6%)*
Acom Co., Ltd.		670		10,137
Aeon Credit Service Co., Ltd.		400		4,307
American Express Co.		89,658		3,768,326
Capital One Financial Corp.		4,496		177,817
Credit Saison Co., Ltd.		1,200		16,042
Discover Financial Services		5,600		93,408
ORIX Corp.		1,020		77,954
SLM Corp.*		5,000		57,750

				4,205,741

*Diversified Financial Services (1.8%)*
ASX Ltd.		1,562		49,173
Bank of America Corp.		227,639		2,984,347
Cie Nationale a Portefeuille		215		11,211
Citigroup, Inc.*		233,867		912,081
CME Group, Inc.		662		172,418
Criteria Caixacorp S.A.		10,150		53,314
Deutsche Boerse AG		1,907		127,243

See Notes to Portfolio of Investments.

479

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Eurazeo S.A.		393	$	26,373
Exor S.p.A.		420		9,734
Groupe Bruxelles Lambert S.A.		766		63,825
Hong Kong Exchanges and Clearing Ltd.		10,300		202,844
ING Groep N.V. (CVA)*		400,296		4,152,804
IntercontinentalExchange, Inc.*		729		76,341
Investor AB, Class B		4,289		87,112
JPMorgan Chase & Co.		83,570		3,181,510
Kinnevik Investment AB, Class B		2,642		55,934
Leucadia National Corp.*		2,000		47,240
London Stock Exchange Group plc		1,529		16,357
Mitsubishi UFJ Lease & Finance Co., Ltd.		730		25,665
Moody’s Corp.		2,007		50,135
NASDAQ OMX Group, Inc.*		1,600		31,088
NYSE Euronext		2,500		71,425
Pargesa Holding S.A.		365		26,651
Pohjola Bank plc		2,090		25,429
Singapore Exchange Ltd.		8,000		54,870

				12,515,124

*Insurance (3.4%)*
ACE Ltd.		42,242		2,460,596
Admiral Group plc		1,922		50,301
Aegon N.V.*		15,967		95,666
Aflac, Inc.		4,700		243,037
Ageas		21,655		61,994
Allianz SE (Registered)		4,582		517,827
Allstate Corp.		5,103		161,000
American International Group, Inc.*		1,330		52,003
AMP Ltd.		22,094		109,124
Aon Corp.		2,700		105,597
Assicurazioni Generali S.p.A.		12,172		245,086
Assurant, Inc.		1,049		42,694
Aviva plc		677,463		4,245,200
AXA Asia Pacific Holdings Ltd.		11,652		57,888
AXA S.A.		16,940		296,174
Baloise Holding AG (Registered)		442		39,853
Berkshire Hathaway, Inc., Class B*		17,028		1,407,875
Chubb Corp.		3,085		175,814
Cincinnati Financial Corp.		1,601		46,189
CNP Assurances S.A.		1,278		23,738
Dai-ichi Life Insurance Co., Ltd.		81		97,805
Delta Lloyd N.V.		527		9,850
Genworth Financial, Inc., Class A*		5,000		61,100
Hannover Rueckversicherung AG (Registered)		547		25,160
Hartford Financial Services Group, Inc.		4,374		100,383
Insurance Australia Group Ltd.		23,066		81,152
Legal & General Group plc		60,456		98,294
Lincoln National Corp.		3,100		74,152
Loews Corp.		3,111		117,907
Mapfre S.A.		10,073		30,650
Marsh & McLennan Cos., Inc.		5,400		130,248
Mediolanum S.p.A.		2,314		10,292
MetLife, Inc.		8,925		343,166
MS&AD Insurance Group Holdings, Inc.		5,711		131,145
Muenchener Rueckversicherungs- Gesellschaft AG (Registered)		16,534		2,290,062
NKSJ Holdings, Inc.*		15,343		96,307
Old Mutual plc		57,972		126,403
Principal Financial Group, Inc.		3,200		82,944
Progressive Corp.		172,902		3,608,465
Prudential Financial, Inc.		4,600	$	249,228
Prudential plc		26,115		261,118
QBE Insurance Group Ltd.		10,186		169,929
RenaissanceReinsurance Holdings Ltd.		31,890		1,912,124
Resolution Ltd.		14,710		56,614
RSA Insurance Group plc		35,192		72,255
Sampo Oyj, Class A		4,115		111,130
SCOR SE		2,008		47,987
Sony Financial Holdings, Inc.		11		35,841
Standard Life plc§		23,063		83,763
Suncorp-Metway Ltd.		12,261		106,658
Swiss Life Holding AG (Registered)*		254		28,924
Swiss Reinsurance Co., Ltd. (Registered)		43,055		1,887,997
T&D Holdings, Inc.		2,600		54,193
Tokio Marine Holdings, Inc.		7,200		194,231
Torchmark Corp.		715		37,995
Travelers Cos., Inc.		4,622		240,806
Tryg A/S		183		11,003
Unum Group		3,217		71,257
Vienna Insurance Group AG		501		26,930
XL Group plc		3,400		73,644
Zurich Financial Services AG		1,504		352,487

				24,039,255

*Real Estate Investment Trusts (REITs) (0.4%)*
Apartment Investment & Management Co. (REIT), Class A		1,300		27,794
Ascendas Real Estate Investment Trust (REIT)		13,000		21,649
AvalonBay Communities, Inc. (REIT)		838		87,093
Boston Properties, Inc. (REIT)		1,310		108,887
British Land Co. plc (REIT)		8,908		65,070
Capital Shopping Centres Group plc (REIT)		5,111		29,522
CapitaMall Trust (REIT)		18,000		29,427
CFS Retail Property Trust (REIT)		15,276		27,980
Corio N.V. (REIT)		725		49,566
Dexus Property Group (REIT)		55,652		45,991
Equity Residential (REIT)		2,819		134,100
Fonciere des Regions (REIT)		306		32,609
Gecina S.A. (REIT)		255		30,244
Goodman Group (REIT)		68,843		42,918
GPT Group (REIT)		20,701		58,825
Hammerson plc (REIT)		7,244		44,870
HCP, Inc. (REIT)		2,993		107,688
Health Care REIT, Inc. (REIT)		1,300		61,542
Host Hotels & Resorts, Inc. (REIT)		6,611		95,727
ICADE (REIT)		310		32,566
Japan Prime Realty Investment Corp. (REIT)		6		13,210
Japan Real Estate Investment Corp. (REIT)		6		54,552
Japan Retail Fund Investment Corp. (REIT)		20		28,150
Kimco Realty Corp. (REIT)		4,200		66,150
Klepierre S.A. (REIT)		1,145		44,159
Land Securities Group plc (REIT)		7,797		78,450
Link REIT (REIT)		21,000		62,252
Mirvac Group (REIT)		30,010		38,578
Nippon Building Fund, Inc. (REIT)		6		52,540
Nomura Real Estate Office Fund, Inc. (REIT)		3		16,657
Plum Creek Timber Co., Inc. (REIT)		1,591		56,162
ProLogis (REIT)		4,900		57,722

See Notes to Portfolio of Investments.

480

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Public Storage (REIT)		1,373	$	133,236
Segro plc (REIT)		6,449		27,657
Simon Property Group, Inc. (REIT)		2,915		270,337
Stockland Corp., Ltd. (REIT)		25,976		96,411
Unibail-Rodamco S.A. (REIT)		895		198,451
Ventas, Inc. (REIT)		1,601		82,564
Vornado Realty Trust (REIT)		1,572		134,453
Westfield Group (REIT)		21,766		257,925

				2,903,684

*Real Estate Management & Development (0.9%)*
Aeon Mall Co., Ltd.		1,100		26,736
BGP Holdings plc(b)*†		177,813		—
CapitaLand Ltd.		24,000		74,093
CapitaMalls Asia Ltd.		18,361		30,157
CB Richard Ellis Group, Inc., Class A*		2,800		51,184
Cheung Kong Holdings Ltd.		157,000		2,379,631
City Developments Ltd.		6,000		58,216
Daito Trust Construction Co., Ltd.		900		53,797
Daiwa House Industry Co., Ltd.		4,000		40,249
Hang Lung Group Ltd.		8,000		52,224
Hang Lung Properties Ltd.		20,000		97,695
Henderson Land Development Co., Ltd.		10,000		71,209
Hopewell Holdings Ltd.		5,000		16,175
Hysan Development Co., Ltd.		8,000		28,664
Immofinaz AG*		10,104		37,659
Keppel Land Ltd.		4,000		12,318
Kerry Properties Ltd.		9,000		48,951
Lend Lease Group		4,700		34,571
Mitsubishi Estate Co., Ltd.		12,000		195,208
Mitsui Fudosan Co., Ltd.		8,000		134,931
New World Development Ltd.		31,000		62,489
Nomura Real Estate Holdings, Inc.		700		9,936
NTT Urban Development Corp.		6		5,046
Sino Land Co., Ltd.		20,000		41,398
Sumitomo Realty & Development Co., Ltd.		4,000		82,655
Sun Hung Kai Properties Ltd.		14,000		241,788
Swire Pacific Ltd., Class A		187,500		2,583,340
Tokyo Tatemono Co., Ltd.		3,000		11,500
Tokyu Land Corp.		4,000		16,579
UOL Group Ltd.		6,000		21,124
Wharf Holdings Ltd.		13,000		83,608
Wheelock & Co., Ltd.		11,000		36,790

				6,639,921

*Thrifts & Mortgage Finance (0.0%)*
Hudson City Bancorp, Inc.		5,184		63,556
People’s United Financial, Inc.		3,225		42,215

				105,771

Total Financials				88,660,206

Health Care (11.5%)
*Biotechnology (1.6%)*
Actelion Ltd. (Registered)*		918		36,780
Amgen, Inc.*		150,303		8,283,198
Biogen Idec, Inc.*		33,798		1,896,744
Celgene Corp.*		4,581		263,911
Cephalon, Inc.*		700		43,708
CSL Ltd.		5,928		189,367
Genzyme Corp.*		2,499		176,904
Gilead Sciences, Inc.*		8,245		293,604
Grifols S.A.		854		12,248

				11,196,464

*Health Care Equipment & Supplies (1.4%)*
Baxter International, Inc.		5,800	$	276,718
Becton, Dickinson and Co.		2,339		173,320
bioMerieux S.A.		146		15,129
Boston Scientific Corp.*		15,300		93,789
C.R. Bard, Inc.		900		73,287
CareFusion Corp.*		1,850		45,954
Cie Generale d’Optique Essilor International S.A.		2,004		137,882
Cochlear Ltd.		489		33,203
Coloplast A/S, Class B		190		22,713
Covidien plc		117,570		4,725,138
DENTSPLY International, Inc.		1,406		44,950
Fresenius SE		245		19,612
Fresenius SE (Preference)		934		75,429
Getinge AB, Class B		2,379		55,589
Hospira, Inc.*		1,700		96,917
Intuitive Surgical, Inc.*		387		109,807
Medtronic, Inc.		76,939		2,583,612
Nobel Biocare Holding AG (Registered)		1,067		19,165
Olympus Corp.		2,000		52,372
Smith & Nephew plc		9,134		83,294
Sonova Holding AG (Registered)		432		52,755
St. Jude Medical, Inc.*		3,223		126,793
Straumann Holding AG (Registered)		95		21,201
Stryker Corp.		3,360		168,168
Synthes, Inc.		583		67,398
Sysmex Corp.		400		27,743
Terumo Corp.		1,600		84,907
Varian Medical Systems, Inc.*		1,133		68,546
William Demant Holding A/S*		298		21,990
Zimmer Holdings, Inc.*		2,000		104,660

				9,482,041

*Health Care Providers & Services (0.8%)*
Aetna, Inc.		4,100		129,601
Alfresa Holdings Corp.		300		12,793
AmerisourceBergen Corp.		2,575		78,949
Cardinal Health, Inc.		3,420		112,997
Celesio AG		1,059		23,041
CIGNA Corp.		2,679		95,855
Coventry Health Care, Inc.*		1,600		34,448
DaVita, Inc.*		1,010		69,720
Express Scripts, Inc.*		5,400		262,980
Fresenius Medical Care AG & Co. KGaA		1,893		116,916
Humana, Inc.*		1,666		83,700
Laboratory Corp. of America Holdings*		1,000		78,430
McKesson Corp.		2,600		160,628
Medco Health Solutions, Inc.*		4,265		222,036
Medipal Holdings Corp.		1,700		21,606
Patterson Cos., Inc.		952		27,275
Quest Diagnostics, Inc.		69,580		3,511,703
Sonic Healthcare Ltd.		4,154		44,165
Suzuken Co., Ltd.		600		19,859
Tenet Healthcare Corp.*		4,800		22,656
UnitedHealth Group, Inc.		10,908		382,980
WellPoint, Inc.*		3,930		222,595

				5,734,933

*Health Care Technology (0.0%)*
Cerner Corp.*		700		58,793

See Notes to Portfolio of Investments.

481

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
*Life Sciences Tools & Services (0.4%)*
Life Technologies Corp.*		1,805	$	84,276
Lonza Group AG (Registered)		28,412		2,427,301
PerkinElmer, Inc.		1,300		30,082
QIAGEN N.V.*		2,689		48,113
Thermo Fisher Scientific, Inc.*		4,088		195,733
Waters Corp.*		906		64,127

				2,849,632

*Pharmaceuticals (7.3%)*
Abbott Laboratories, Inc.		43,570		2,276,097
Allergan, Inc.		2,948		196,130
Astellas Pharma, Inc.		4,500		162,524
AstraZeneca plc		14,751		749,278
Bayer AG		8,347		582,038
Bristol-Myers Squibb Co.		70,200		1,903,122
Chugai Pharmaceutical Co., Ltd.		2,600		47,777
Daiichi Sankyo Co., Ltd.		6,600		134,245
Dainippon Sumitomo Pharma Co., Ltd.		2,000		16,747
Eisai Co., Ltd.		2,400		83,920
Elan Corp. plc*		5,855		32,933
Eli Lilly and Co.		10,094		368,734
Forest Laboratories, Inc.*		2,800		86,604
GlaxoSmithKline plc		346,737		6,833,125
Hisamitsu Pharmaceutical Co., Inc.		800		32,678
Ipsen S.A.		237		7,856
Johnson & Johnson		27,100		1,679,116
King Pharmaceuticals, Inc.*		2,800		27,888
Kyowa Hakko Kirin Co., Ltd.		3,000		29,720
Merck & Co., Inc.		145,736		5,364,542
Merck KGaA		22,692		1,906,207
Mitsubishi Tanabe Pharma Corp.		2,000		32,583
Mylan, Inc.*		3,045		57,276
Novartis AG (Registered)		120,208		6,893,320
Novo Nordisk A/S, Class B		4,458		442,391
Ono Pharmaceutical Co., Ltd.		1,000		43,543
Orion Oyj, Class B		606		12,103
Pfizer, Inc.		402,064		6,903,439
Roche Holding AG		36,042		4,922,237
Sanofi-Aventis S.A.		124,853		8,318,811
Santen Pharmaceutical Co., Ltd.		600		20,779
Shionogi & Co., Ltd.		3,000		54,911
Shire plc		5,787		130,362
Taisho Pharmaceutical Co., Ltd.		1,000		20,232
Takeda Pharmaceutical Co., Ltd.		7,800		358,325
Teva Pharmaceutical Industries Ltd.		9,275		503,678
Tsumura & Co.		400		12,439
UCB S.A.		1,230		42,616
Watson Pharmaceuticals, Inc.*		1,100		46,541

				51,336,867

Total Health Care				80,658,730

Industrials (9.5%)
*Aerospace & Defense (1.0%)*
BAE Systems plc		354,027		1,903,671
Boeing Co.		7,192		478,556
Cobham plc		11,806		42,841
Elbit Systems Ltd.		186		9,912
Empresa Brasileira de Aeronautica S.A. (ADR)		54,400		1,544,416
European Aeronautic Defence and Space Co. N.V.*		4,142		103,304
Finmeccanica S.p.A.		4,727		56,160
General Dynamics Corp.		3,717		233,465
Goodrich Corp.		1,200		88,476
Honeywell International, Inc.		7,634	$	335,438
ITT Corp.		1,686		78,955
L-3 Communications Holdings, Inc.		1,127		81,448
Lockheed Martin Corp.		2,916		207,853
Northrop Grumman Corp.		2,880		174,614
Precision Castparts Corp.		1,400		178,290
Raytheon Co.		3,571		163,230
Rockwell Collins, Inc.		1,600		93,200
Rolls-Royce Group plc*		19,122		181,284
Safran S.A.		1,356		38,117
Singapore Technologies Engineering Ltd.		17,000		43,434
Thales S.A.		1,107		40,460
United Technologies Corp.		9,200		655,316

				6,732,440

*Air Freight & Logistics (1.9%)*
C.H. Robinson Worldwide, Inc.		1,669		116,697
Deutsche Post AG (Registered)		130,718		2,370,968
Expeditors International of Washington, Inc.		1,975		91,304
FedEx Corp.		59,599		5,095,715
TNT N.V.		3,661		98,370
Toll Holdings Ltd.		6,728		42,919
United Parcel Service, Inc., Class B		79,452		5,298,654
Yamato Holdings Co., Ltd.		4,000		48,395

				13,163,022

*Airlines (0.0%)*
Air France-KLM*		1,046		16,042
All Nippon Airways Co., Ltd.*		6,000		22,209
British Airways plc*		7,983		30,448
Cathay Pacific Airways Ltd.		15,000		40,696
Deutsche Lufthansa AG (Registered)*		2,000		36,767
Iberia Lineas Aereas de Espana S.A.*		5,937		22,913
Qantas Airways Ltd.*		11,067		29,844
Singapore Airlines Ltd.		6,000		74,458
Southwest Airlines Co.		7,343		95,973

				369,350

*Building Products (0.1%)*
Asahi Glass Co., Ltd.		11,000		112,135
Assa Abloy AB, Class B		2,916		73,545
Cie de Saint-Gobain S.A.		3,782		168,234
Daikin Industries Ltd.		2,500		94,034
Geberit AG (Registered)		371		66,071
JS Group Corp.		2,300		45,102
Masco Corp.		3,300		36,333
Nippon Sheet Glass Co., Ltd.		5,000		10,901
TOTO Ltd.		3,000		20,556

				626,911

*Commercial Services & Supplies (0.5%)*
Aggreko plc		2,643		65,185
Avery Dennison Corp.		918		34,076
Babcock International Group plc		3,659		32,763
Brambles Ltd.		141,061		854,867
Cintas Corp.		1,309		36,063
Dai Nippon Printing Co., Ltd.		6,000		73,239
Edenred*		8,288		164,169
G4S plc		13,053		52,206
Iron Mountain, Inc.		1,900		42,446
Nissha Printing Co., Ltd.		200		4,545
Pitney Bowes, Inc.		2,200		47,036
R.R. Donnelley & Sons Co.		2,200		37,312
Rentokil Initial plc*		936,970		1,516,043
Republic Services, Inc.		3,032		92,446
Secom Co., Ltd.		2,000		90,321

See Notes to Portfolio of Investments.

482

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Securitas AB, Class B		3,868	$	41,662
Serco Group plc		5,060		48,885
Societe BIC S.A.		332		26,654
Stericycle, Inc.*		757		52,596
Toppan Printing Co., Ltd.		6,000		46,933
Waste Management, Inc.		4,700		167,978

				3,527,425

*Construction & Engineering (0.1%)*
ACS Actividades de Construccion y Servicios S.A.		1,334		66,605
Balfour Beatty plc		7,172		30,138
Bouygues S.A.		2,205		94,643
Chiyoda Corp.		2,000		16,363
Eiffage S.A.		542		25,772
Ferrovial S.A.		4,955		46,332
Fluor Corp.		1,760		87,173
Fomento de Construcciones y Contratas S.A.		558		15,427
Hochtief AG		516		44,682
Jacobs Engineering Group, Inc.*		1,300		50,310
JGC Corp.		2,000		34,715
Kajima Corp.		11,000		26,485
Kinden Corp.		1,000		9,032
Koninklijke Boskalis Westminster N.V.		748		31,392
Leighton Holdings Ltd.		1,623		51,862
Obayashi Corp.		8,000		31,816
Quanta Services, Inc.*		2,200		41,976
Shimizu Corp.		5,000		18,507
Skanska AB, Class B		3,596		65,888
Taisei Corp.		13,000		26,785
Vinci S.A.		4,373		219,204

				1,035,107

*Electrical Equipment (0.3%)*
ABB Ltd. (Registered)*		22,778		480,061
Alstom S.A.		1,953		99,628
Emerson Electric Co.		7,300		384,418
Fuji Electric Holdings Co., Ltd.		4,000		10,494
Furukawa Electric Co., Ltd.		5,000		18,807
Gamesa Corp. Tecnologica S.A.*		1,449		10,143
GS Yuasa Corp.		3,000		21,095
Legrand S.A.		1,298		43,901
Mabuchi Motor Co., Ltd.		300		15,345
Mitsubishi Electric Corp.		19,000		163,416
Nidec Corp.		1,100		97,772
Panasonic Electric Works Co., Ltd.		4,000		53,043
Prysmian S.p.A.		1,374		25,100
Rockwell Automation, Inc.		1,396		86,175
Roper Industries, Inc.		843		54,947
Schneider Electric S.A.		2,343		297,083
Sumitomo Electric Industries Ltd.		8,100		98,776
Ushio, Inc.		700		11,781
Vestas Wind Systems A/S*		2,037		76,758

				2,048,743

*Industrial Conglomerates (3.1%)*
3M Co.		7,000		606,970
CSR Ltd.		11,676		20,314
Delek Group Ltd.		44		12,080
Fraser and Neave Ltd.		12,000		59,311
General Electric Co.		325,580		5,290,675
Hankyu Hanshin Holdings, Inc.		13,000		62,446
Hutchison Whampoa Ltd.		21,000		195,957
Keppel Corp., Ltd.		12,000		81,941
Koninklijke Philips Electronics N.V.		110,560		3,474,871
NWS Holdings Ltd.		12,000	$	23,540
Orkla ASA		7,721		71,156
SembCorp Industries Ltd.		12,000		39,784
Siemens AG (Registered)		62,121		6,557,272
Smiths Group plc		4,021		76,999
Textron, Inc.		2,699		55,491
Tyco International Ltd.		131,329		4,823,714

				21,452,521

*Machinery (0.7%)*
Alfa Laval AB		3,478		60,939
Amada Co., Ltd.		3,000		20,556
Atlas Copco AB, Class A		6,410		123,724
Atlas Copco AB, Class B		4,455		78,388
Caterpillar, Inc.		6,206		488,288
Cosco Corp. (Singapore) Ltd.		5,000		6,730
Cummins, Inc.		1,914		173,370
Danaher Corp.		5,246		213,040
Deere & Co.		4,172		291,122
Dover Corp.		1,900		99,199
Eaton Corp.		1,652		136,273
Fanuc Ltd.		1,900		241,938
Flowserve Corp.		503		55,038
GEA Group AG		1,933		48,316
Hexagon AB, Class B		1,654		35,483
Hino Motors Ltd.		2,000		9,655
Hitachi Construction Machinery Co., Ltd.		900		19,460
IHI Corp.		11,000		21,083
Illinois Tool Works, Inc.		4,956		233,031
Invensys plc		8,319		39,009
Japan Steel Works Ltd.		3,000		28,246
JTEKT Corp.		2,300		21,187
Kawasaki Heavy Industries Ltd.		13,000		36,907
Komatsu Ltd.		9,500		220,544
Kone Oyj, Class B		1,649		85,199
Kubota Corp.		12,000		109,823
Kurita Water Industries Ltd.		1,400		38,857
Makita Corp.		1,000		31,708
MAN SE		1,038		113,148
Metso Oyj		1,129		51,745
Minebea Co., Ltd.		3,000		15,453
Mitsubishi Heavy Industries Ltd.		30,000		110,685
Mitsui Engineering & Shipbuilding Co., Ltd.		5,000		11,320
NGK Insulators Ltd.		3,000		49,844
NSK Ltd.		3,000		20,340
NTN Corp.		6,000		25,874
PACCAR, Inc.		3,588		172,762
Pall Corp.		1,148		47,803
Parker Hannifin Corp.		1,513		106,001
Sandvik AB		9,799		150,176
Scania AB, Class B		3,643		80,423
Schindler Holding AG		583		62,533
Schindler Holding AG (Registered)		198		21,157
SembCorp Marine Ltd.		11,000		32,872
SKF AB, Class B		3,649		83,912
SMC Corp.		500		65,944
Snap-On, Inc.		572		26,604
Sumitomo Heavy Industries Ltd.		5,000		25,755
THK Co., Ltd.		1,000		18,735
Vallourec S.A.		1,204		119,605
Volvo AB, Class B*		10,511		154,382
Wartsila Oyj		965		62,975
Yangzijiang Shipbuilding Holdings Ltd.		11,735		15,705

See Notes to Portfolio of Investments.

483

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Zardoya Otis S.A.		1,282	$	22,947

				4,635,813

*Marine (0.1%)*
A. P. Moller - Maersk A/S, Class A		5		40,655
A. P. Moller - Maersk A/S, Class B		14		117,034
Kawasaki Kisen Kaisha Ltd.		6,000		22,568
Kuehne + Nagel International AG (Registered)		580		69,648
Mitsui O.S.K. Lines Ltd.		11,000		69,178
Neptune Orient Lines Ltd.*		5,750		8,657
Nippon Yusen KK		14,000		57,355
Orient Overseas International Ltd.		3,000		23,934

				409,029

Professional Services (0.8%)
Adecco S.A. (Registered)		51,739		2,703,707
Bureau Veritas S.A.		622		43,431
Capita Group plc		6,426		79,344
Dun & Bradstreet Corp.		493		36,551
Equifax, Inc.		1,063		33,166
Experian plc		10,583		115,210
Intertek Group plc		1,618		46,513
Randstad Holding N.V.*		55,465		2,519,792
Robert Half International, Inc.		1,600		41,600
SGS S.A. (Registered)		56		90,498

				5,709,812

*Road & Rail (0.2%)*
Asciano Group*		31,299		49,916
Central Japan Railway Co.		15		110,326
ComfortDelgro Corp., Ltd.		25,000		28,895
CSX Corp.		3,706		205,016
DSV A/S		1,840		37,562
East Japan Railway Co.		3,397		205,089
Firstgroup plc		5,036		28,701
Keihin Electric Express Railway Co., Ltd.		5,000		48,335
Keio Corp.		7,000		48,131
Keisei Electric Railway Co., Ltd.		3,000		19,262
Kintetsu Corp.		19,000		64,183
MTR Corp.		14,000		52,959
Nippon Express Co., Ltd.		9,000		34,176
Norfolk Southern Corp.		3,672		218,521
Odakyu Electric Railway Co., Ltd.		7,000		64,734
Ryder System, Inc.		600		25,662
Tobu Railway Co., Ltd.		8,000		46,095
Tokyu Corp.		13,000		57,463
Union Pacific Corp.		4,890		400,002
West Japan Railway Co.		16		57,384

				1,802,412

*Trading Companies & Distributors (0.6%)*
Bunzl plc		3,383		40,336
Fastenal Co.		1,451		77,179
ITOCHU Corp.		15,000		137,278
Marubeni Corp.		18,000		101,773
Mitsubishi Corp.		13,800		327,477
Mitsui & Co., Ltd.		17,000		252,923
Noble Group Ltd.		27,818		39,979
Sojitz Corp.		15,900		28,570
Sumitomo Corp.		12,000		154,672
Toyota Tsusho Corp.		2,500		36,835
W.W. Grainger, Inc.		600		71,466
Wolseley plc*		127,465		3,201,754

				4,470,242

*Transportation Infrastructure (0.1%)*
Abertis Infraestructuras S.A.		3,094		57,659
Aeroports de Paris S.A.		391	$	31,897
Atlantia S.p.A.		2,504		51,886
Auckland International Airport Ltd.		9,394		14,129
Brisa Auto-Estradas de Portugal S.A.		1,884		12,148
Fraport AG		305		18,549
Groupe Eurotunnel S.A. (Registered)		5,556		47,240
Intoll Group		18,539		26,699
Kamigumi Co., Ltd.		3,000		22,281
Koninklijke Vopak N.V.		826		39,423
MAp Group		5,706		16,104
Mitsubishi Logistics Corp.		1,000		11,991
Transurban Group		12,922		62,074

				412,080

Total Industrials				66,394,907

Information Technology (12.1%)
*Communications Equipment (1.7%)*
Alcatel-Lucent*		24,031		80,918
Brocade Communications
Systems, Inc.*		319,590		1,866,406
Cisco Systems, Inc.*		257,698		5,643,586
Harris Corp.		1,270		56,248
JDS Uniphase Corp.*		2,500		30,975
Juniper Networks, Inc.*		5,118		155,331
Motorola, Inc.*		23,200		197,896
Nokia Oyj		38,815		389,980
QUALCOMM, Inc.		15,741		710,234
Telefonaktiebolaget LM Ericsson, Class B		249,991		2,744,566
Tellabs, Inc.		3,754		27,967

				11,904,107

*Computers & Peripherals (1.1%)*
Apple, Inc.*		8,993		2,551,764
Dell, Inc.*		109,640		1,420,934
EMC Corp.*		19,937		404,921
Fujitsu Ltd.		18,000		126,354
Hewlett-Packard Co.		22,306		938,413
Lexmark International, Inc., Class A*		773		34,491
Logitech International S.A. (Registered)*		1,530		26,656
NEC Corp.		25,000		66,483
NetApp, Inc.*		3,515		175,012
QLogic Corp.*		1,100		19,404
SanDisk Corp.*		2,294		84,075
Seagate Technology plc*		129,840		1,529,515
Seiko Epson Corp.		1,100		16,669
Toshiba Corp.		42,000		203,258
Western Digital Corp.*		2,200		62,458

				7,660,407

*Electronic Equipment, Instruments & Components (1.3%)*
Agilent Technologies, Inc.*		3,500		116,795
Amphenol Corp., Class A		1,588		77,780
Citizen Holdings Co., Ltd.		1,800		10,803
Corning, Inc.		15,500		283,340
Flextronics International Ltd.*		474,530		2,866,161
FLIR Systems, Inc.*		1,600		41,120
Foxconn International Holdings Ltd.*		27,015		19,846
Fujifilm Holdings Corp.		52,900		1,752,138
Hamamatsu Photonics KK		400		13,047
Hirose Electric Co., Ltd.		400		40,297
Hitachi High-Technologies Corp.		800		14,758
Hitachi Ltd.		44,400		194,130
HOYA Corp.		4,500		109,697
Ibiden Co., Ltd.		1,200		30,460
Jabil Circuit, Inc.		2,100		30,261

See Notes to Portfolio of Investments.

484

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Keyence Corp.		400	$	87,015
Kyocera Corp.		1,700		160,673
Mitsumi Electric Co., Ltd.		600		9,200
Molex, Inc.		1,500		31,395
Murata Manufacturing Co., Ltd.		2,100		110,685
Nippon Electric Glass Co., Ltd.		4,000		54,528
Omron Corp.		2,300		52,238
Shimadzu Corp.		2,000		15,381
TDK Corp.		1,300		72,490
Tyco Electronics Ltd.		98,630		2,881,969
Yaskawa Electric Corp.		2,000		16,124
Yokogawa Electric Corp.		2,900		19,732

				9,112,063

*Internet Software & Services (0.3%)*
Akamai Technologies, Inc.*		1,785		89,571
eBay, Inc.*		11,366		277,331
Google, Inc., Class A*		2,447		1,286,608
Monster Worldwide, Inc.*		1,278		16,563
United Internet AG (Registered)		957		15,473
VeriSign, Inc.*		1,581		50,181
Yahoo! Japan Corp.		165		57,003
Yahoo!, Inc.*		13,272		188,064

				1,980,794

*IT Services (1.7%)*
Accenture plc, Class A		201,770		8,573,207
Atos Origin S.A.*		375		16,952
Automatic Data Processing, Inc.		4,793		201,450
Cap Gemini S.A.		1,408		70,636
Cognizant Technology Solutions Corp., Class A*		2,986		192,507
Computer Sciences Corp.		1,600		73,600
Computershare Ltd.		5,120		48,250
Fidelity National Information Services, Inc.		2,513		68,178
Fiserv, Inc.*		1,414		76,102
Indra Sistemas S.A.		703		13,408
International Business Machines Corp.		12,411		1,664,812
ITOCHU Techno-Solutions Corp.		100		3,265
Mastercard, Inc., Class A		960		215,040
Nomura Research Institute Ltd.		1,300		24,433
NTT Data Corp.		11		34,774
Obic Co., Ltd.		40		7,561
Otsuka Corp.		100		6,636
Paychex, Inc.		3,300		90,717
SAIC, Inc.*		2,800		44,744
Teradata Corp.*		1,700		65,552
Total System Services, Inc.		1,517		23,119
Visa, Inc., Class A		4,892		363,280
Western Union Co.		6,315		111,586

				11,989,809

*Office Electronics (0.3%)*
Brother Industries Ltd.		2,600		32,111
Canon, Inc.		11,500		536,566
Konica Minolta Holdings, Inc.		138,500		1,350,491
Neopost S.A.		242		18,009
Ricoh Co., Ltd.		7,000		98,694
Xerox Corp.		13,960		144,486

				2,180,357

*Semiconductors & Semiconductor Equipment (1.7%)*
Advanced Micro Devices, Inc.*		5,900		41,949
Advantest Corp.		1,500		29,846
Altera Corp.		3,084		93,013
Analog Devices, Inc.		2,934		92,069
Applied Materials, Inc.		12,641		147,647
ARM Holdings plc		12,878	$	79,342
ASM Pacific Technology Ltd.		2,100		18,730
ASML Holding N.V.		4,325		129,183
Broadcom Corp., Class A		4,377		154,902
Elpida Memory, Inc.*		2,400		27,599
First Solar, Inc.*		531		78,243
Infineon Technologies AG*		10,702		74,129
Intel Corp.		54,809		1,053,977
KLA-Tencor Corp.		1,600		56,368
Linear Technology Corp.		2,340		71,908
LSI Corp.*		7,000		31,920
MEMC Electronic Materials, Inc.*		2,500		29,800
Microchip Technology, Inc.		1,938		60,950
Micron Technology, Inc.*		8,700		62,727
National Semiconductor Corp.		2,677		34,185
Novellus Systems, Inc.*		800		21,264
NVIDIA Corp.*		5,095		59,510
Renewable Energy Corp. ASA*		5,472		18,534
Rohm Co., Ltd.		1,100		67,861
Samsung Electronics Co., Ltd. (GDR)(m)		15,420		5,289,060
Shinko Electric Industries Co., Ltd.		1,300		14,374
STMicroelectronics N.V.		6,439		49,297
Sumco Corp.*		1,400		21,835
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR)		334,573		3,392,570
Teradyne, Inc.*		1,785		19,885
Texas Instruments, Inc.		11,817		320,713
Tokyo Electron Ltd.		1,700		85,224
Xilinx, Inc.		2,492		66,312

				11,794,926

*Software (4.0%)*
Adobe Systems, Inc.*		5,003		130,828
Autodesk, Inc.*		2,237		71,517
Autonomy Corp. plc*		2,222		63,284
BMC Software, Inc.*		1,700		68,816
CA, Inc.		3,809		80,446
Citrix Systems, Inc.*		1,772		120,921
Compuware Corp.*		1,516		12,931
Dassault Systemes S.A.		607		44,652
Electronic Arts, Inc.*		3,400		55,862
Intuit, Inc.*		2,768		121,266
Konami Corp.		700		12,360
McAfee, Inc.*		1,497		70,748
Microsoft Corp.		349,520		8,559,745
NICE Systems Ltd.*		705		21,717
Nintendo Co., Ltd.		9,600		2,398,850
Novell, Inc.*		4,000		23,880
Oracle Corp.		362,647		9,737,072
Oracle Corp. Japan		500		23,808
Red Hat, Inc.*		1,741		71,381
Sage Group plc		13,544		58,786
Salesforce.com, Inc.*		1,151		128,682
SAP AG		121,058		5,988,198
Square Enix Holdings Co., Ltd.		900		20,171
Symantec Corp.*		7,700		116,809
Trend Micro, Inc.		1,000		29,840

				28,032,570

Total Information Technology				84,655,033

Materials (3.1%)
*Chemicals (0.8%)*
Air Liquide S.A.		2,777		338,786
Air Products & Chemicals, Inc.		2,092		173,259
Air Water, Inc.		1,000		11,883

See Notes to Portfolio of Investments.

485

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Airgas, Inc.		742	$	50,419
Akzo Nobel N.V.		2,178		134,369
Asahi Kasei Corp.		12,000		66,124
BASF SE		9,439		595,196
CF Industries Holdings, Inc.		651		62,171
Daicel Chemical Industries Ltd.		3,000		20,196
Denki Kagaku Kogyo KK		4,000		17,202
Dow Chemical Co.		11,417		313,511
E.I. du Pont de Nemours & Co.		8,965		400,018
Eastman Chemical Co.		762		56,388
Ecolab, Inc.		2,297		116,550
FMC Corp.		713		48,776
Givaudan S.A. (Registered)		74		75,608
Hitachi Chemical Co., Ltd.		1,400		26,128
Incitec Pivot Ltd.		18,274		63,409
International Flavors & Fragrances, Inc.		786		38,137
Israel Chemicals Ltd.		4,652		65,622
Israel Corp., Ltd.*		27		25,796
Johnson Matthey plc		2,214		61,282
JSR Corp.		1,500		25,533
K+S AG		1,263		75,612
Kaneka Corp.		4,000		24,006
Kansai Paint Co., Ltd.		3,000		25,551
Koninklijke DSM N.V.		1,470		75,309
Kuraray Co., Ltd.		3,500		44,190
Linde AG		1,630		212,166
Makhteshim-Agan Industries Ltd.*		2,603		9,648
Mitsubishi Chemical Holdings Corp.		11,000		55,870
Mitsubishi Gas Chemical Co., Inc.		5,000		29,049
Mitsui Chemicals, Inc.		7,000		18,867
Monsanto Co.		5,300		254,029
Nissan Chemical Industries Ltd.		2,000		22,544
Nitto Denko Corp.		1,500		58,667
Novozymes A/S, Class B		531		67,555
Orica Ltd.		3,682		91,498
PPG Industries, Inc.		1,651		120,193
Praxair, Inc.		3,025		273,037
Sherwin-Williams Co.		930		69,880
Shin-Etsu Chemical Co., Ltd.		4,300		209,385
Showa Denko KK		12,000		23,000
Sigma-Aldrich Corp.		1,194		72,094
Sika AG		15		27,675
Solvay S.A.		679		72,432
Sumitomo Chemical Co., Ltd.		15,000		65,764
Syngenta AG (Registered)		967		240,311
Taiyo Nippon Sanso Corp.		2,000		17,010
Teijin Ltd.		12,000		39,674
Tokuyama Corp.		2,000		10,158
Toray Industries, Inc.		13,000		72,413
Tosoh Corp.		4,000		10,781
Ube Industries Ltd.		12,000		26,593
Umicore S.A.		1,024		44,266
Wacker Chemie AG		204		37,641
Yara International ASA		1,850		83,674

				5,366,905

*Construction Materials (0.4%)*
Boral Ltd.		6,139		27,354
Cimpor Cimentos de Portugal SGPS S.A.		1,664		10,712
CRH plc		156,742		2,572,695
Fletcher Building Ltd.		7,357		43,506
HeidelbergCement AG		1,391		67,033
Holcim Ltd. (Registered)		2,569		164,966
Imerys S.A.		462		27,674
James Hardie Industries SE (CDI)*		3,733	$	20,206
Lafarge S.A.		1,995		114,227
Taiheiyo Cement Corp.*		5,000		5,870
Vulcan Materials Co.		1,200		44,304

				3,098,547

*Containers & Packaging (0.1%)*
Amcor Ltd.		11,517		72,468
Ball Corp.		901		53,024
Bemis Co., Inc.		1,200		38,100
Owens-Illinois, Inc.*		1,610		45,177
Pactiv Corp.*		1,341		44,226
Rexam plc		9,043		43,611
Sealed Air Corp.		1,346		30,258
Toyo Seikan Kaisha Ltd.		1,800		32,429

				359,293

*Metals & Mining (1.6%)*
Acerinox S.A.		1,359		24,186
AK Steel Holding Corp.		900		12,429
Alcoa, Inc.		136,302		1,650,617
Allegheny Technologies, Inc.		970		45,057
Alumina Ltd.		21,784		38,110
Anglo American plc		13,576		538,602
Antofagasta plc		4,067		78,966
ArcelorMittal S.A.		8,920		293,790
BHP Billiton Ltd.		33,827		1,272,181
BHP Billiton plc		22,762		724,076
BlueScope Steel Ltd.		20,538		43,672
Boliden AB		2,865		43,398
Cliffs Natural Resources, Inc.		1,300		83,096
Daido Steel Co., Ltd.		3,000		14,590
Dowa Holdings Co., Ltd.		3,000		17,861
Eramet S.A.		73		21,570
Eurasian Natural Resources Corp.		2,636		38,034
Fortescue Metals Group Ltd.*		11,610		58,465
Freeport-McMoRan Copper & Gold, Inc.		4,631		395,441
Fresnillo plc		2,173		42,396
Hitachi Metals Ltd.		2,000		23,551
JFE Holdings, Inc.		4,400		134,562
Kazakhmys plc		2,207		50,341
Kobe Steel Ltd.		23,000		54,001
Lonmin plc*		1,587		41,608
MacArthur Coal Ltd.		1,120		12,698
Maruichi Steel Tube Ltd.		500		9,583
Mitsubishi Materials Corp.*		14,000		40,249
Mitsui Mining & Smelting Co., Ltd.		4,000		11,452
Newcrest Mining Ltd.		7,612		291,867
Newmont Mining Corp.		4,872		306,010
Nippon Steel Corp.		54,000		183,709
Nisshin Steel Co., Ltd.		6,000		10,709
Norsk Hydro ASA		9,242		55,787
Nucor Corp.		3,106		118,649
OneSteel Ltd.		11,951		33,845
Outokumpu Oyj		1,630		32,376
OZ Minerals Ltd.		27,366		38,486
Randgold Resources Ltd.		929		92,962
Rautaruukki Oyj		549		11,346
Rio Tinto Ltd.		4,485		332,796
Rio Tinto plc		14,514		848,390
Salzgitter AG		327		21,181
Sims Metal Management Ltd.		1,882		32,088
SSAB AB, Class A		1,472		23,477
SSAB AB, Class B		1,279		17,960
Sumitomo Metal Industries Ltd.		37,000		93,519

See Notes to Portfolio of Investments.

486

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Sumitomo Metal Mining Co., Ltd.		5,000	$	76,366
ThyssenKrupp AG		3,703		120,751
Titanium Metals Corp.*		1,000		19,960
Tokyo Steel Manufacturing Co., Ltd.		500		5,900
United States Steel Corp.		1,413		61,946
Vale S.A. (ADR)		65,060		1,805,415
Vedanta Resources plc		1,407		47,852
Voestalpine AG		1,280		47,149
Xstrata plc		20,345		389,272
Yamato Kogyo Co., Ltd.		500		12,111

				10,946,461

*Paper & Forest Products (0.2%)*
Holmen AB, Class B		721		22,239
International Paper Co.		4,302		93,568
MeadWestvaco Corp.		1,800		43,884
Nippon Paper Group, Inc.		747		18,693
OJI Paper Co., Ltd.		9,000		39,782
Stora Enso Oyj, Class R		6,860		67,801
Svenska Cellulosa AB, Class B		82,653		1,256,898
UPM-Kymmene Oyj		4,995		85,595
Weyerhaeuser Co.		5,375		84,710

				1,713,170

Total Materials				21,484,376

Telecommunication Services (5.3%)
*Diversified Telecommunication Services (3.5%)*
AT&T, Inc.		104,886		2,999,740
Belgacom S.A.		1,410		54,984
Bezeq Israeli Telecommunication Corp., Ltd.		18,095		45,108
BT Group plc, Class A		79,953		175,837
Cable & Wireless Worldwide plc		21,475		24,812
CenturyLink, Inc.		2,967		117,078
China Telecom Corp., Ltd. (ADR)		14,900		815,328
Deutsche Telekom AG (Registered)		28,394		388,436
Elisa Oyj*		1,423		32,687
France Telecom S.A.		202,527		4,376,105
Frontier Communications Corp.		9,060		74,020
Hellenic Telecommunications Organization S.A.		2,562		18,441
Iliad S.A.		234		24,381
Inmarsat plc		4,499		46,893
Koninklijke (Royal) KPN N.V.		17,061		263,867
Nippon Telegraph & Telephone Corp.		5,428		237,004
PCCW Ltd.		57,000		20,644
Portugal Telecom SGPS S.A. (Registered)		6,101		81,425
Qwest Communications International, Inc.		17,121		107,349
Singapore Telecommunications Ltd.		2,023,000		4,830,218
Swisscom AG (Registered)		218		87,919
Tele2 AB, Class B		2,767		58,088
Telecom Corp. of New Zealand Ltd.		22,315		33,073
Telecom Italia S.p.A.		97,484		136,217
Telecom Italia S.p.A. (RNC)		68,958		77,697
Telefonica S.A.		176,856		4,379,562
Telekom Austria AG		162,535		2,446,197
Telenor ASA		115,130		1,802,959
TeliaSonera AB		21,332		172,799
Telstra Corp., Ltd.		42,030		106,435
Verizon Communications, Inc.		27,800		906,002
Windstream Corp.		5,000		61,450

				25,002,755

*Wireless Telecommunication Services (1.8%)*
American Tower Corp., Class A*		4,024		206,270
Cellcom Israel Ltd.		364	$	11,113
KDDI Corp.		29		138,782
MetroPCS Communications, Inc.*		2,900		30,334
Millicom International Cellular S.A. (SDR)		857		81,754
Mobistar S.A.		236		14,452
NTT DoCoMo, Inc.		154		256,421
Partner Communications Co., Ltd.		566		10,489
Softbank Corp.		8,000		261,715
Sprint Nextel Corp.*		539,810		2,499,320
StarHub Ltd.		9,919		19,459
Turkcell Iletisim Hizmet A/S (ADR)		103,680		1,737,677
Vodafone Group plc		2,942,984		7,262,943

				12,530,729

Total Telecommunication Services				37,533,484

Utilities (1.3%)
*Electric Utilities (0.7%)*
Acciona S.A.		335		28,296
Allegheny Energy, Inc.		1,670		40,948
American Electric Power Co., Inc.		4,797		173,795
Cheung Kong Infrastructure Holdings Ltd.		3,000		11,909
Chubu Electric Power Co., Inc.		6,600		163,103
Chugoku Electric Power Co., Inc.		3,200		63,134
CLP Holdings Ltd.		19,000		151,704
Contact Energy Ltd.*		2,907		12,072
Duke Energy Corp.		13,106		232,107
E.ON AG		18,251		538,169
EDF S.A.		2,598		112,060
Edison International		3,207		110,289
EDP - Energias de Portugal S.A.		16,921		57,992
Enel S.p.A.		68,563		365,462
Entergy Corp.		1,839		140,739
Exelon Corp.		6,543		278,601
FirstEnergy Corp.		3,100		119,474
Fortum Oyj		4,686		122,589
Hokkaido Electric Power Co., Inc.		2,200		43,800
Hokuriku Electric Power Co.		1,800		41,097
Hongkong Electric Holdings Ltd.		13,500		82,039
Iberdrola S.A.		40,969		315,167
Kansai Electric Power Co., Inc.		7,600		184,538
Kyushu Electric Power Co., Inc.		3,600		82,195
NextEra Energy, Inc.		4,093		222,618
Northeast Utilities		1,562		46,188
Pepco Holdings, Inc.		2,204		40,994
Pinnacle West Capital Corp.		1,100		45,397
PPL Corp.		4,752		129,397
Progress Energy, Inc.		2,880		127,930
Public Power Corp. S.A.		962		14,990
Red Electrica Corporacion S.A.		995		46,790
Scottish & Southern Energy plc		9,520		167,197
Shikoku Electric Power Co., Inc.		1,800		51,641
Southern Co.		8,196		305,219
SP AusNet		6,143		5,106
Terna Rete Elettrica Nazionale S.p.A.		12,043		51,182
Tohoku Electric Power Co., Inc.		4,400		97,298
Tokyo Electric Power Co., Inc.		12,400		302,424
Verbund AG, Class A		677		24,273

				5,149,923

*Gas Utilities (0.1%)*
Enagas S.A.		1,540		31,207
Gas Natural SDG S.A.		2,142		31,931
Hong Kong & China Gas Co., Ltd.		45,100		114,162
Nicor, Inc.		448		20,527

See Notes to Portfolio of Investments.

487

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Oneok, Inc.		1,100	$	49,544
Osaka Gas Co., Ltd.		18,000		64,902
Snam Rete Gas S.p.A.		13,601		68,882
Toho Gas Co., Ltd.		6,000		29,684
Tokyo Gas Co., Ltd.		24,000		108,960

				519,799

*Independent Power Producers & Energy Traders (0.1%)*
AES Corp.*		6,900		78,315
Constellation Energy Group, Inc.		2,074		66,866
EDP Renovaveis S.A.*		2,988		16,904
Electric Power Development Co., Ltd.		1,200		36,080
Iberdrola Renovables S.A.		10,537		35,021
International Power plc		15,701		95,699
NRG Energy, Inc.*		2,385		49,656

				378,541

*Multi-Utilities (0.4%)*
A2A S.p.A.		8,070		12,377
AGL Energy Ltd.		4,953		77,411
Ameren Corp.		2,500		71,000
CenterPoint Energy, Inc.		4,200		66,024
Centrica plc		52,914		268,902
CMS Energy Corp.		1,993		35,914
Consolidated Edison, Inc.		2,782		134,148
Dominion Resources, Inc.		5,800		253,228
DTE Energy Co.		1,710		78,540
GDF Suez S.A.		12,494		447,272
Integrys Energy Group, Inc.		760		39,566
National Grid plc		35,520		301,311
NiSource, Inc.		2,736		47,606
PG&E Corp.		3,846		174,685
Public Service Enterprise Group, Inc.		5,100		168,708
RWE AG		4,201		283,774
RWE AG (Preference)		330		21,034
SCANA Corp.		1,200		48,384
Sempra Energy		2,500		134,500
Suez Environnement Co. S.A.		3,117		57,577
TECO Energy, Inc.		1,816		31,453
United Utilities Group plc		7,030		63,279
Veolia Environnement		3,158		83,175
Wisconsin Energy Corp.		1,151		66,528
Xcel Energy, Inc.		4,700		107,959

				3,074,355

*Water Utilities (0.0%)*
Severn Trent plc		2,440		50,251

Total Utilities				9,172,869

Total Common Stocks (79.1%)
(Cost $557,853,305)				554,661,906


	Number of Rights		Value (Note 1)

RIGHTS:
Consumer Discretionary (0.0%)
*Auto Components (0.0%)*
Cie Generale des Etablissements Michelin, expiring 10/13/10*		29,339		81,913

Total Consumer Discretionary				81,913

Financials (0.0%)
*Capital Markets (0.0%)*
Deutsche Bank AG, expiring 10/5/10*		6,278	$	30,382

*Commercial Banks (0.0%)*
Bank of Cyprus Public Co., Ltd., expiring 10/21/10*		6,808		4,177
National Bank of Greece S.A., expiring 10/11/10*		12,088		8,404

				12,581

Total Financials				42,963

Total Rights (0.0%)
(Cost $—)				124,876


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENTS:
Short-Term Investment (8.6%)
BlackRock Liquidity Funds TempFund
0.23% ‡	$	60,312,654		60,312,654

Time Deposit (1.2%)
Bank of Montreal
0.16%, 10/1/10		8,455,000		8,455,000

Total Short-Term Investments (9.8%) (Amortized Cost $68,767,654)				68,767,654

Total Investments (88.9%) (Cost/Amortized Cost $626,620,959)				623,554,436
Other Assets Less Liabilities (11.1%)				77,802,130

Net Assets (100%)			$	701,356,566

*	Non-income producing.

†	Securities (totaling $0 or 0.0% of net assets) at fair value by management.

Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may only be resold to qualified institutional buyers. At September 30, 2010, the market value of these securities amounted to $83,763 or 0.0% of net assets. Securities denoted with “§” but without “b” have been determined to be liquid under the guidelines established by the Board of Trustees. To the extent any securities might provide a right to demand registration, such rights have not been relied upon when determining liquidity.

‡	Affiliated company as defined under the Investment Company Act of 1940.

(b)

Illiquid Security.

(m)

See Notes to Portfolio of Investments.

488

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

Glossary:

ADR — American Depositary Receipt

CDI — Chess Depositary Interest

CVA — Dutch Certification

GDR — Global Depositary Receipt

PPS — Price Protected Share

RNC — Risparmio Non-Convertible Savings Shares

SDR — Swedish Certification

Investments in companies which were affiliates for the nine months ended September 30, 2010, were as follows:


Securities	Market Value December 31, 2009		Purchases at Cost		Sales at Cost		Market Value September 30, 2010		Dividend Income		Realized Gain (Loss)
BlackRock Liquidity Funds TempFund	$	—	$	172,619,462	$	112,306,808	$	60,312,654	$	47,191	$	—

At September 30, 2010, the Portfolio had the following futures contracts open: (Note 1)


	Number of Contracts		Expiration Date		Original Value		Value at 9/30/2010		Unrealized Appreciation/ (Depreciation)
Purchases
DJ EURO Stoxx 50 Index		793		December-10	$	30,106,396	$	29,599,348	$	(507,048	)
E-Mini MSCI EAFE Index		4		December-10		306,671		311,320		4,649
FTSE 100 Index		207		December-10		18,040,616		17,980,623		(59,993	)
S&P 500 E-Mini Index		1,155		December-10		63,423,398		65,644,425		2,221,027
SPI 200 Index		68		December-10		7,670,996		7,558,421		(112,575	)
TOPIX Index		171		December-10		16,657,800		16,929,983		272,183

									$	1,818,243

At September 30, 2010, the Portfolio had outstanding foreign currency contracts to buy/sell foreign currencies as follows: (Note 1)


	Counterparty		Local Contract Buy Amount (000’s)		U.S. $ Current Buy Value		U.S. $ Current Sell Value		Unrealized Appreciation/ (Depreciation)
Foreign Currency Buy Contracts
European Union Euro vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		4,500	$	6,131,295	$	5,861,340	$	269,955
European Union Euro vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		100		136,251		135,426		825
Japanese Yen vs. U.S. Dollar, expiring 12/17/10		Deutsche Bank AG		20,000		239,775		238,490		1,285

									$	272,065

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:

See Notes to Portfolio of Investments.

489

EQ ADVISORS TRUST

EQ/TEMPLETON GLOBAL EQUITY PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


Investment Type	Level 1 Quoted prices in active markets for identical securities			Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	40,415,690		$	42,782,100	$	—	$	83,197,790
Consumer Staples		14,182,347			18,490,531		—		32,672,878
Energy		21,379,210			28,852,423		—		50,231,633
Financials		35,502,426			53,157,780		—		88,660,206
Health Care		44,488,781			36,169,949		—		80,658,730
Industrials		30,191,429			36,203,478		—		66,394,907
Information Technology		61,315,965			23,339,068		—		84,655,033
Materials		7,024,333			14,460,043		—		21,484,376
Telecommunication Services		9,554,568			27,978,916		—		37,533,484
Utilities		3,736,847			5,436,022		—		9,172,869
Forward Currency Contracts		—			272,065		—		272,065
Futures		2,497,859			—		—		2,497,859
Rights
Consumer Discretionary		—			81,913		—		81,913
Financials		—			42,963		—		42,963
Short-Term Investments		—			68,767,654		—		68,767,654

Total Assets	$	270,289,455		$	356,034,905	$	—	$	626,324,360

Liabilities:
Futures	$	(679,616	)	$	—	$	—	$	(679,616	)

Total Liabilities	$	(679,616	)	$	—	$	—	$	(679,616	)

Total	$	269,609,839		$	356,034,905	$	—	$	625,644,744

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value:


	Investments in Securities-Financials		Investments in Securities-Industrials
Balance as of 12/31/09	$	—	$	3,251
Total gains or losses (realized/unrealized) included in earnings		—		(31	)
Purchases, sales, issuances, and settlements (net)		—		(3,220	)
Transfers into Level 3		—		—
Transfers out of Level 3		—		—

Balance as of 9/30/10	$	—	$	—

The amount of total gains or losses for the year included in earnings attributable to the change in unrealized gains or losses relating to assets and liabilities still held at period ending 9/30/10.	$	—	$	—

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	34,390,619
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	169,780,205

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	69,997,637
Aggregate gross unrealized depreciation		(78,913,682	)

Net unrealized depreciation	$	(8,916,045	)

Federal income tax cost of investments	$	632,470,481

See Notes to Portfolio of Investments.

490

EQ ADVISORS TRUST

EQ/UBS GROWTH AND INCOME PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (13.8%)
*Auto Components (0.9%)*
BorgWarner, Inc.*		23,500	$	1,236,570

*Diversified Consumer Services (1.0%)*
Apollo Group, Inc., Class A*		26,200		1,345,370

*Hotels, Restaurants & Leisure (1.8%)*
Carnival Corp.		67,500		2,579,175

*Household Durables (2.0%)*
Fortune Brands, Inc.		57,400		2,825,802

*Media (5.9%)*
Comcast Corp., Class A		183,000		3,308,640
Interpublic Group of Cos., Inc.*		182,100		1,826,463
Time Warner, Inc.		52,500		1,609,125
Viacom, Inc., Class B		42,800		1,548,932

				8,293,160

*Specialty Retail (2.2%)*
GameStop Corp., Class A*		61,800		1,218,078
Lowe’s Cos., Inc.		81,000		1,805,490

				3,023,568

Total Consumer Discretionary				19,303,645

Consumer Staples (6.6%)
*Beverages (2.1%)*
PepsiCo, Inc.		44,500		2,956,580

*Food & Staples Retailing (1.0%)*
Kroger Co.		66,100		1,431,726

*Household Products (1.9%)*
Procter & Gamble Co.		42,900		2,572,713

*Personal Products (1.6%)*
Avon Products, Inc.		71,200		2,286,232

Total Consumer Staples				9,247,251

Energy (11.0%)
*Energy Equipment & Services (2.5%)*
Baker Hughes, Inc.		45,600		1,942,560
Noble Corp.		47,900		1,618,541

				3,561,101

*Oil, Gas & Consumable Fuels (8.5%)*
Anadarko Petroleum Corp.		2,600		148,330
Exxon Mobil Corp.		83,400		5,153,286
Hess Corp.		27,800		1,643,536
Marathon Oil Corp.		48,400		1,602,040
Peabody Energy Corp.		25,400		1,244,854
Ultra Petroleum Corp.*		47,600		1,998,248

				11,790,294

Total Energy				15,351,395

Financials (12.5%)
*Capital Markets (1.9%)*
Bank of New York Mellon Corp.		59,300		1,549,509
Goldman Sachs Group, Inc.		7,300		1,055,434

				2,604,943

*Commercial Banks (2.2%)*
Wells Fargo & Co.		121,500	$	3,053,295

*Diversified Financial Services (4.1%)*
Bank of America Corp.		176,600		2,315,226
JPMorgan Chase & Co.		90,200		3,433,914

				5,749,140

*Insurance (4.3%)*
Aflac, Inc.		51,900		2,683,749
MetLife, Inc.		49,800		1,914,810
Principal Financial Group, Inc.		53,200		1,378,944

				5,977,503

Total Financials				17,384,881

Health Care (13.7%)
*Biotechnology (2.3%)*
Amgen, Inc.*		18,900		1,041,579
Amylin Pharmaceuticals, Inc.*		26,200		546,270
Genzyme Corp.*		23,400		1,656,486

				3,244,335

*Health Care Equipment & Supplies (4.0%)*
Baxter International, Inc.		28,200		1,345,422
Boston Scientific Corp.*		101,700		623,421
Covidien plc		54,200		2,178,298
Medtronic, Inc.		42,400		1,423,792

				5,570,933

*Health Care Providers & Services (2.0%)*
UnitedHealth Group, Inc.		49,900		1,751,989
WellPoint, Inc.*		17,500		991,200

				2,743,189

*Pharmaceuticals (5.4%)*
Allergan, Inc.		34,600		2,301,938
Johnson & Johnson		50,100		3,104,196
Merck & Co., Inc.		58,100		2,138,661

				7,544,795

Total Health Care				19,103,252

Industrials (12.2%)
*Aerospace & Defense (2.8%)*
General Dynamics Corp.		42,600		2,675,706
Raytheon Co.		25,800		1,179,318

				3,855,024

*Air Freight & Logistics (1.7%)*
FedEx Corp.		28,700		2,453,850

*Airlines (1.0%)*
Southwest Airlines Co.		105,100		1,373,657

*Machinery (5.8%)*
Dover Corp.		28,800		1,503,648
Illinois Tool Works, Inc.		54,000		2,539,080
PACCAR, Inc.		50,850		2,448,427
Pall Corp.		38,000		1,582,320

				8,073,475

*Road & Rail (0.9%)*
Ryder System, Inc.		28,400		1,214,668

Total Industrials				16,970,674

Information Technology (19.0%)
*Communications Equipment (3.1%)*
Cisco Systems, Inc.*		93,400		2,045,460

See Notes to Portfolio of Investments.

491

EQ ADVISORS TRUST

EQ/UBS GROWTH AND INCOME PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
QUALCOMM, Inc.		50,500	$	2,278,560

				4,324,020

*Computers & Peripherals (5.6%)*
Apple, Inc.*		15,200		4,313,000
Hewlett-Packard Co.		56,300		2,368,541
Seagate Technology plc*		93,200		1,097,896

				7,779,437

*IT Services (1.1%)*
Visa, Inc., Class A		20,000		1,485,200

*Semiconductors & Semiconductor Equipment (3.3%)*
Applied Materials, Inc.		67,500		788,400
Broadcom Corp., Class A		38,500		1,362,515
Intersil Corp., Class A		44,500		520,205
Marvell Technology Group Ltd.*		63,100		1,104,881
National Semiconductor Corp.		70,100		895,177

				4,671,178

*Software (5.9%)*
Adobe Systems, Inc.*		93,600		2,447,640
Autodesk, Inc.*		64,500		2,062,065
Intuit, Inc.*		700		30,667
Microsoft Corp.		89,400		2,189,406
Symantec Corp.*		94,400		1,432,048

				8,161,826

Total Information Technology				26,421,661

Materials (2.3%)
*Chemicals (1.8%)*
Dow Chemical Co.		61,200		1,680,552
Monsanto Co.		17,700		848,361

				2,528,913

*Containers & Packaging (0.5%)*
Ball Corp.		12,100		712,085

Total Materials				3,240,998

Telecommunication Services (2.2%)
*Diversified Telecommunication Services (2.2%)*
AT&T, Inc.		109,500		3,131,700

Total Telecommunication Services				3,131,700

Utilities (4.8%)
*Electric Utilities (4.8%)*
American Electric Power Co., Inc.		71,900		2,604,937
Exelon Corp.		60,300		2,567,574
FirstEnergy Corp.		38,700		1,491,498

Total Utilities				6,664,009

Total Common Stocks (98.1%)
(Cost $131,141,677)				136,819,466


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (0.8%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $1,054,358)	$	1,054,358		1,054,358

Total Investments (98.9%)
(Cost/Amortized Cost $132,196,035)				137,873,824
Other Assets Less Liabilities (1.1%)				1,540,824

Net Assets (100%)			$	139,414,648

*	Non-income producing.

See Notes to Portfolio of Investments.

492

EQ ADVISORS TRUST

EQ/UBS GROWTH AND INCOME PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	19,303,645	$	—	$	—	$	19,303,645
Consumer Staples		9,247,251		—		—		9,247,251
Energy		15,351,395		—		—		15,351,395
Financials		17,384,881		—		—		17,384,881
Health Care		19,103,252		—		—		19,103,252
Industrials		16,970,674		—		—		16,970,674
Information Technology		26,421,661		—		—		26,421,661
Materials		3,240,998		—		—		3,240,998
Telecommunication Services		3,131,700		—		—		3,131,700
Utilities		6,664,009		—		—		6,664,009
Short-Term Investments		—		1,054,358		—		1,054,358

Total Assets	$	136,819,466	$	1,054,358	$	—	$	137,873,824

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	136,819,466	$	1,054,358	$	—	$	137,873,824

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	53,730,996
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	59,389,695

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	13,470,911
Aggregate gross unrealized depreciation		(8,796,108	)

Net unrealized appreciation	$	4,674,803

Federal income tax cost of investments	$	133,199,021

See Notes to Portfolio of Investments.

493

EQ ADVISORS TRUST

EQ/VAN KAMPEN COMSTOCK PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (16.2%)
*Media (13.0%)*
Comcast Corp., Class A		596,612	$	10,786,745
DIRECTV, Class A*		46,082		1,918,394
News Corp., Class B		221,620		3,337,597
Time Warner Cable, Inc.		65,187		3,519,446
Time Warner, Inc.		111,933		3,430,746
Viacom, Inc., Class B		245,084		8,869,590

				31,862,518

*Multiline Retail (1.4%)*
J.C. Penney Co., Inc.		57,619		1,566,085
Macy’s, Inc.		38,171		881,368
Target Corp.		17,300		924,512

				3,371,965

*Specialty Retail (1.8%)*
Home Depot, Inc.		71,900		2,277,792
Lowe’s Cos., Inc.		101,700		2,266,893

				4,544,685

Total Consumer Discretionary				39,779,168

Consumer Staples (10.1%)
*Beverages (1.4%)*
Coca-Cola Co.		46,946		2,747,280
PepsiCo, Inc.		12,100		803,924

				3,551,204

*Food & Staples Retailing (3.3%)*
CVS Caremark Corp.		114,648		3,607,973
Wal-Mart Stores, Inc.		81,677		4,371,353

				7,979,326

*Food Products (3.8%)*
Kraft Foods, Inc., Class A		173,466		5,353,161
Unilever N.V. (N.Y. Shares)		128,556		3,841,253

				9,194,414

*Household Products (0.3%)*
Procter & Gamble Co.		12,275		736,132

*Personal Products (0.6%)*
Avon Products, Inc.		44,177		1,418,523

*Tobacco (0.7%)*
Philip Morris International, Inc.		30,697		1,719,646

Total Consumer Staples				24,599,245

Energy (9.5%)
*Energy Equipment & Services (3.0%)*
Halliburton Co.		138,000		4,563,660
Noble Corp.		26,285		888,171
Weatherford International Ltd.*		105,391		1,802,186

				7,254,017

*Oil, Gas & Consumable Fuels (6.5%)*
BP plc (ADR)		33,100		1,362,727
Chevron Corp.		62,400		5,057,520
ConocoPhillips		68,900		3,956,927
Royal Dutch Shell plc (ADR)		63,452		3,826,155
Total S.A. (ADR)		35,596		1,836,754

				16,040,083

Total Energy				23,294,100

Financials (21.3%)
*Capital Markets (3.7%)*
Bank of New York Mellon Corp.		184,222		4,813,721
Goldman Sachs Group, Inc.		16,521	$	2,388,606
Morgan Stanley		37,241		919,108
State Street Corp.		25,200		949,032

				9,070,467

*Commercial Banks (2.8%)*
PNC Financial Services Group, Inc.		56,700		2,943,297
U.S. Bancorp		73,900		1,597,718
Wells Fargo & Co.		96,300		2,420,019

				6,961,034

*Diversified Financial Services (6.1%)*
Bank of America Corp.		370,630		4,858,959
Citigroup, Inc.*		823,121		3,210,172
JPMorgan Chase & Co.		183,000		6,966,810

				15,035,941

*Insurance (8.7%)*
Aflac, Inc.		25,600		1,323,776
Chubb Corp.		160,603		9,152,765
MetLife, Inc.		86,600		3,329,770
Torchmark Corp.		42,800		2,274,392
Travelers Cos., Inc.		98,282		5,120,492

				21,201,195

Total Financials				52,268,637

Health Care (13.0%)
*Health Care Providers & Services (3.9%)*
Cardinal Health, Inc.		101,171		3,342,690
UnitedHealth Group, Inc.		123,684		4,342,545
WellPoint, Inc.*		31,400		1,778,496

				9,463,731

*Pharmaceuticals (9.1%)*
Abbott Laboratories, Inc.		40,073		2,093,414
Bristol-Myers Squibb Co.		201,303		5,457,324
GlaxoSmithKline plc (ADR)		39,050		1,543,256
Merck & Co., Inc.		130,391		4,799,693
Pfizer, Inc.		402,932		6,918,342
Roche Holding AG (ADR)		46,500		1,587,045

				22,399,074

Total Health Care				31,862,805

Industrials (6.4%)
*Aerospace & Defense (1.2%)*
Honeywell International, Inc.		64,255		2,823,365

*Electrical Equipment (0.8%)*
Emerson Electric Co.		38,500		2,027,410

*Industrial Conglomerates (3.3%)*
General Electric Co.		206,700		3,358,875
Textron, Inc.		73,219		1,505,383
Tyco International Ltd.		90,400		3,320,392

				8,184,650

*Machinery (1.1%)*
Ingersoll-Rand plc		76,281		2,723,994

Total Industrials				15,759,419

Information Technology (10.7%)
*Communications Equipment (1.0%)*
Cisco Systems, Inc.*		109,500		2,398,050

*Computers & Peripherals (2.2%)*
Dell, Inc.*		202,422		2,623,389

See Notes to Portfolio of Investments.

494

EQ ADVISORS TRUST

EQ/VAN KAMPEN COMSTOCK PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Hewlett-Packard Co.		64,826	$	2,727,230

				5,350,619

*Internet Software & Services (4.6%)*
eBay, Inc.*		301,138		7,347,767
Yahoo!, Inc.*		275,016		3,896,977

				11,244,744

*IT Services (0.9%)*
Accenture plc, Class A		33,600		1,427,664
Western Union Co.		39,647		700,562

				2,128,226

*Semiconductors & Semiconductor Equipment (1.7%)*
Intel Corp.		157,839		3,035,244
KLA-Tencor Corp.		33,943		1,195,812

				4,231,056

*Software (0.3%)*
Microsoft Corp.		30,700		751,843

Total Information Technology				26,104,538

Materials (4.6%)
*Chemicals (0.7%)*
E.I. du Pont de Nemours & Co.		39,406		1,758,296

*Metals & Mining (1.3%)*
Alcoa, Inc.		266,931		3,232,534

*Paper & Forest Products (2.6%)*
International Paper Co.		285,576		6,211,278

Total Materials				11,202,108

Telecommunication Services (4.2%)
*Diversified Telecommunication Services (3.3%)*
AT&T, Inc.		123,742		3,539,021
Verizon Communications, Inc.		136,235		4,439,899

				7,978,920

*Wireless Telecommunication Services (0.9%)*
Vodafone Group plc (ADR)		94,000		2,332,140

Total Telecommunication Services				10,311,060

Utilities (1.6%)
*Electric Utilities (1.3%)*
American Electric Power Co., Inc.		33,100		1,199,213
FirstEnergy Corp.		49,819		1,920,024

				3,119,237

*Multi-Utilities (0.3%)*
Sempra Energy		15,700		844,660

Total Utilities				3,963,897

Total Common Stocks (97.6%) (Cost $229,873,126)				239,144,977


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (2.4%)
JPMorgan Chase Nassau
0.000%, 10/1/10
(Amortized Cost $5,956,567)	$	5,956,567	$	5,956,567

Total Investments (100.0%) (Cost/Amortized Cost $235,829,693)				245,101,544
Other Assets Less Liabilities (0.0%)				62,366

Net Assets (100%)			$	245,163,910

*	Non-income producing.

Glossary:

ADR — American Depositary Receipt

See Notes to Portfolio of Investments.

495

EQ ADVISORS TRUST

EQ/VAN KAMPEN COMSTOCK PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	39,779,168	$	—	$	—	$	39,779,168
Consumer Staples		24,599,245		—		—		24,599,245
Energy		23,294,100		—		—		23,294,100
Financials		52,268,637		—		—		52,268,637
Health Care		31,862,805		—		—		31,862,805
Industrials		15,759,419		—		—		15,759,419
Information Technology		26,104,538		—		—		26,104,538
Materials		11,202,108		—		—		11,202,108
Telecommunication Services		10,311,060		—		—		10,311,060
Utilities		3,963,897		—		—		3,963,897
Short-Term Investments		—		5,956,567		—		5,956,567

Total Assets	$	239,144,977	$	5,956,567	$	—	$	245,101,544

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	239,144,977	$	5,956,567	$	—	$	245,101,544

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	36,264,048
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	38,828,904

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	22,003,423
Aggregate gross unrealized depreciation		(18,135,816	)

Net unrealized appreciation	$	3,867,607

Federal income tax cost of investments	$	241,233,937

See Notes to Portfolio of Investments

496

EQ ADVISORS TRUST

EQ/WELLS FARGO ADVANTAGE OMEGA GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
COMMON STOCKS:
Consumer Discretionary (21.6%)
*Auto Components (3.3%)*
BorgWarner, Inc.*		157,700	$	8,298,174
TRW Automotive Holdings Corp.*		170,916		7,103,269

				15,401,443

*Automobiles (2.5%)*
Daimler AG (Registered)*		180,943		11,453,692

*Hotels, Restaurants & Leisure (1.7%)*
Marriott International, Inc., Class A		220,100		7,886,183

*Household Durables (0.8%)*
Whirlpool Corp		46,100		3,732,256

*Internet & Catalog Retail (3.4%)*
Amazon.com, Inc.*		54,700		8,591,182
priceline.com, Inc.*		21,000		7,315,140

				15,906,322

*Media (3.3%)*
CBS Corp., Class B		368,600		5,845,996
Scripps Networks Interactive, Inc., Class A		193,656		9,214,153

				15,060,149

*Multiline Retail (1.4%)*
Dollar General Corp.*		63,004		1,842,867
Macy’s, Inc.		207,700		4,795,793

				6,638,660

*Specialty Retail (5.2%)*
Dick’s Sporting Goods, Inc.*		159,000		4,458,360
Jo-Ann Stores, Inc.*		155,318		6,919,417
TJX Cos., Inc.		178,640		7,972,703
Urban Outfitters, Inc.*		147,000		4,621,680

				23,972,160

Total Consumer Discretionary				100,050,865

Consumer Staples (0.4%)
*Food & Staples Retailing (0.4%)*
BJ’s Wholesale Club, Inc.*		39,377		1,634,146

Total Consumer Staples				1,634,146

Energy (7.6%)
*Oil, Gas & Consumable Fuels (7.6%)*
Brigham Exploration Co.*		271,200		5,085,000
Concho Resources, Inc.*		131,800		8,721,206
ConocoPhillips		152,800		8,775,304
Newfield Exploration Co.*		85,262		4,897,449
Noble Energy, Inc.		99,988		7,508,099

Total Energy				34,987,058

Financials (4.1%)
*Commercial Banks (1.4%)*
Itau Unibanco Holding S.A. (Preference) (ADR)		266,200		6,436,716

*Consumer Finance (1.8%)*
American Express Co.		199,900		8,401,797

*Diversified Financial Services (0.9%)*
JPMorgan Chase & Co.		103,200		3,928,824

Total Financials				18,767,337

Health Care (12.2%)
*Biotechnology (1.7%)*
Alexion Pharmaceuticals, Inc.*		121,633	$	7,828,300

*Health Care Equipment & Supplies (4.3%)*
Covidien plc		50,193		2,017,257
Hospira, Inc.*		95,700		5,455,857
Sirona Dental Systems, Inc.*		129,891		4,681,272
Varian Medical Systems, Inc.*		83,900		5,075,950
Volcano Corp.*		95,731		2,487,091

				19,717,427

*Health Care Providers & Services (3.6%)*
Express Scripts, Inc.*		132,700		6,462,490
Laboratory Corp. of America Holdings*		59,000		4,627,370
McKesson Corp.		89,899		5,553,960

				16,643,820

*Health Care Technology (0.8%)*
Cerner Corp.*		42,960		3,608,210

*Life Sciences Tools & Services (0.9%)*
Bruker Corp.*		313,000		4,391,390

*Pharmaceuticals (0.9%)*
Auxilium Pharmaceuticals, Inc.*		174,200		4,316,676

Total Health Care				56,505,823

Industrials (10.6%)
*Aerospace & Defense (2.0%)*
Precision Castparts Corp.		74,600		9,500,310

*Air Freight & Logistics (1.3%)*
FedEx Corp.		69,702		5,959,521

*Airlines (1.3%)*
Delta Air Lines, Inc.*		511,339		5,951,986

*Machinery (3.6%)*
Cummins, Inc.		97,916		8,869,231
Eaton Corp.		94,200		7,770,558

				16,639,789

*Road & Rail (2.4%)*
Avis Budget Group, Inc.*		398,400		4,641,360
J.B. Hunt Transport Services, Inc.		188,400		6,537,480

				11,178,840

Total Industrials				49,230,446

Information Technology (33.7%)
*Communications Equipment (2.9%)*
F5 Networks, Inc.*		76,600		7,951,846
Juniper Networks, Inc.*		185,952		5,643,643

				13,595,489

*Computers & Peripherals (8.5%)*
Apple, Inc.*		83,949		23,820,529
EMC Corp.*		402,700		8,178,837
NetApp, Inc.*		148,306		7,384,155

				39,383,521

*Internet Software & Services (2.5%)*
Equinix, Inc.*		115,316		11,802,593

*IT Services (4.4%)*
Alliance Data Systems Corp.*		85,300		5,566,678

See Notes to Portfolio of Investments.

497

EQ ADVISORS TRUST

EQ/WELLS FARGO ADVANTAGE OMEGA GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)


	Number of Shares		Value (Note 1)
Gartner, Inc.*		270,223	$	7,955,365
Sapient Corp.		560,871		6,713,626

				20,235,669

*Semiconductors & Semiconductor Equipment (2.7%)*
Netlogic Microsystems, Inc.*		336,663		9,285,166
Rubicon Technology, Inc.*		142,400		3,231,056

				12,516,222

*Software (12.7%)*
Citrix Systems, Inc.*		137,000		9,348,880
Concur Technologies, Inc.*		132,500		6,550,800
Longtop Financial Technologies Ltd. (ADR)*		155,503		6,119,043
Oracle Corp.		417,800		11,217,930
Red Hat, Inc.*		200,285		8,211,685
Salesforce.com, Inc.*		57,200		6,394,960
SuccessFactors, Inc.*		230,640		5,791,370
TIBCO Software, Inc.*		281,200		4,988,488

				58,623,156

Total Information Technology				156,156,650

Materials (2.7%)
*Chemicals (1.5%)*
Valspar Corp.		221,761		7,063,088

*Containers & Packaging (1.2%)*
Bemis Co., Inc.		172,600		5,480,050

Total Materials				12,543,138

Telecommunication Services (4.0%)
*Wireless Telecommunication Services (4.0%)*
American Tower Corp., Class A*		177,098		9,078,043
SBA Communications Corp., Class A*		232,146		9,355,484

Total Telecommunication Services				18,433,527

Total Common Stocks (96.9%) (Cost $400,148,165)				448,308,990


	Principal Amount		Value (Note 1)
SHORT-TERM INVESTMENT:
Time Deposit (2.6%)
JPMorgan Chase Nassau
0.000%, 10/1/10	$	12,106,468		12,106,468
(Amortized Cost $12,106,468)

Total Investments (99.5%) (Cost/Amortized Cost $412,254,633)				460,415,458
Other Assets Less Liabilities (0.5%)				2,406,445

Net Assets (100%)			$	462,821,903

*	Non-income producing.

Glossary:

ADR — American Depositary Receipt

See Notes to Portfolio of Investments.

498

EQ ADVISORS TRUST

EQ/WELLS FARGO ADVANTAGE OMEGA GROWTH PORTFOLIO

PORTFOLIO OF INVESTMENTS (Continued)

September 30, 2010 (Unaudited)

The following is a summary of the inputs used to value the Portfolio’s assets and liabilities carried at fair value as of September 30, 2010:

Various inputs are used in determining the value of the Portfolio’s investments. These inputs are summarized in the three broad levels listed below:


Investment Type	Level 1 Quoted prices in active markets for identical securities		Level 2 Significant other observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)		Level 3 Significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)		Total
Assets:
Common Stocks
Consumer Discretionary	$	100,050,865	$	—	$	—	$	100,050,865
Consumer Staples		1,634,146		—		—		1,634,146
Energy		34,987,058		—		—		34,987,058
Financials		18,767,337		—		—		18,767,337
Health Care		56,505,823		—		—		56,505,823
Industrials		49,230,446		—		—		49,230,446
Information Technology		156,156,650		—		—		156,156,650
Materials		12,543,138		—		—		12,543,138
Telecommunication Services		18,433,527		—		—		18,433,527
Short-Term Investments		—		12,106,468		—		12,106,468

Total Assets	$	448,308,990	$	12,106,468	$	—	$	460,415,458

Total Liabilities	$	—	$	—	$	—	$	—

Total	$	448,308,990	$	12,106,468	$	—	$	460,415,458

Investment security transactions for the nine months ended September 30, 2010 were as follows:


Cost of Purchases:
Stocks and long-term corporate debt securities	$	600,714,131
Net Proceeds of Sales and Redemptions:
Stocks and long-term corporate debt securities	$	546,307,114

As of September 30, 2010, the gross unrealized appreciation (depreciation) of investments based on the aggregate cost of investments for Federal income tax purposes was as follows:


Aggregate gross unrealized appreciation	$	50,953,491
Aggregate gross unrealized depreciation		(5,452,494	)

Net unrealized appreciation	$	45,500,997

Federal income tax cost of investments	$	414,914,461

See Notes to Portfolio of Investments.

499

EQ ADVISORS TRUST

NOTES TO PORTFOLIO OF INVESTMENTS

September 30, 2010 (Unaudited)

Note 1 Valuation

The Portfolios are subject to the provisions of FASB Accounting Standards Codification™ (“ASC”), “Fair Value Measurements and Disclosure” (ASC 820). This standard defines fair value, sets out a framework for measuring fair value and requires certain disclosures about fair value measurements. ASC 820 establishes a hierarchy that prioritizes the inputs to valuation techniques, giving the highest priority to readily available unadjusted quoted prices in active markets for identical assets (level 1 measurements) and the lowest priority to unobservable inputs (level 3 measurements) when market prices are not readily available or reliable. The three levels of the hierarchy under ASC 820 are summarized below:

•

Level 1 - quoted prices in active markets for identical assets

•

Level 2 - other significant observable inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.)

•

Level 3 - significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)

Changes in valuation techniques may result in transfers in or out of an investment’s assigned level within the hierarchy.

The inputs or methodology used to value securities are not necessarily an indication of the risk associated with investing in those securities. For example, money market securities are valued using amortized cost, in accordance with the rules under the 1940 Act. Generally, amortized cost approximates the current fair value of a security, but since the valuation is not obtained from a quoted price in an active market, such securities are reflected as Level 2.

A summary of inputs used to value each Portfolio’s assets and liabilities carried at fair value as of September 30, 2010 is included in the Portfolio of Investments.

Accounting for Derivative Instruments:

The Portfolios are subject to the provisions of ASC 815, “Derivatives and Hedging: Overall” (“ASC 815”). ASC 815 requires disclosures about Portfolios’ derivative and hedging activities. Derivatives accounted for as hedging instruments under ASC 815 must be disclosed separately from those that do not qualify for hedge accounting. Even though the Portfolios may use derivatives in an attempt to achieve an economic hedge, the Portfolio’s derivatives are not accounted for as hedging instruments under ASC 815 because investment companies account for their derivatives at fair value and record any changes in fair value in current period earnings. All open derivative positions at period end are reflected on each respective Portfolio’s Portfolio of Investments.

For more information on each Portfolio’s policy regarding valuation of investments and other significant accounting policies, please refer to a Portfolio’s most recent semi-annual or annual report.

500

Item 2. Controls and Disclosures.

(a)

The registrant’s certifying officers have evaluated the registrant’s disclosure controls and procedures as of a date within 90 days prior to the filing date of this report and have determined such controls and procedures to be reasonably designed to achieve the purposes described in Rule 30a-3(c) under the Investment Company Act of 1940.

(b)

The registrant’s certifying officers are not aware of any changes in the registrant’s internal control over financial reporting that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3. Exhibits.

Certifications required by Item 3 are filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


EQ Advisors Trust

By:		/s/ Steven M. Joenk
Steven M. Joenk
President
November 29, 2010

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.


By:		/s/ Steven M. Joenk
Steven M. Joenk
Chief Executive Officer
November 29, 2010

By:		/s/ Brian Walsh
Brian Walsh
Chief Financial Officer and Treasurer
November 29, 2010