UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number File No. 811-09301

TIAA-CREF FUNDS

(Exact name of Registrant as specified in charter)

730 Third Avenue, New York, New York 10017-3206

(Address of Principal Executive Offices) (Zip code)

Stewart P. Greene, Esq.

c/o TIAA-CREF

730 Third Avenue

New York, New York 10017-3206

(Name and address of agent for service)

Registrant’s telephone number, including area code: 212-490-9000

Date of fiscal year end: October 31

Date of reporting period: July 31, 2013

Item 1. Schedule of Investments.

TIAA-CREF FUNDS - Enhanced Large-Cap Growth Index Fund

TIAA-CREF FUNDS

ENHANCED LARGE-CAP GROWTH INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.7%
AUTOMOBILES & COMPONENTS - 0.6%
	108,283		Delphi Automotive plc	$	5,816,963
	17,117		Ford Motor Co		288,935
	104,483		Gentex Corp		2,359,226
			TOTAL AUTOMOBILES & COMPONENTS		8,465,124
BANKS - 0.2%
	44,897	*	Ocwen Financial Corp		2,137,995
			TOTAL BANKS		2,137,995
CAPITAL GOODS - 8.6%
	80,811		Ametek, Inc		3,739,933
	85,646		Boeing Co		9,001,395
	5,210		Carlisle Cos, Inc		352,925
	19,362		Crane Co		1,179,146
	95,386		Fortune Brands Home & Security, Inc		3,940,396
	26,631		Graco, Inc		1,858,311
	230,980		Honeywell International, Inc		19,166,720
	43,324		IDEX Corp		2,584,277
	29,057		ITT Corp		907,741
	2,017		Lockheed Martin Corp		242,282
	266,498		Masco Corp		5,468,539
	59,686	*	MRC Global, Inc		1,600,778
	27,106		MSC Industrial Direct Co (Class A)		2,194,231
	73,730		Nordson Corp		5,320,357
	31,580		Precision Castparts Corp		7,001,917
	95,808		Rockwell Automation, Inc		9,279,005
	80,685		Roper Industries, Inc		10,163,083
	56,215		United Technologies Corp		5,934,617
	13,055		Valmont Industries, Inc		1,823,000
	19,757		W.W. Grainger, Inc		5,179,100
	96,797	*	WABCO Holdings, Inc		7,652,771
	159,612		Westinghouse Air Brake Technologies Corp		9,267,073
			TOTAL CAPITAL GOODS		113,857,597
COMMERCIAL & PROFESSIONAL SERVICES - 2.0%
	143,775	e	Pitney Bowes, Inc		2,373,725
	107,178	e	R.R. Donnelley & Sons Co		2,035,310
	154,143		Robert Half International, Inc		5,740,286
	97,105	*	Stericycle, Inc		11,258,354
	69,684	*	Verisk Analytics, Inc		4,484,862
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		25,892,537

1

TIAA-CREF FUNDS - Enhanced Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
CONSUMER DURABLES & APPAREL - 3.3%
	109,459		Coach, Inc	$	5,815,557
	165,141		Hanesbrands, Inc		10,479,848
	100,500		Nike, Inc (Class B)		6,323,460
	5,880	*	NVR, Inc		5,442,528
	475,102	*	Pulte Homes, Inc		7,900,946
	47,419		Tupperware Corp		3,996,473
	17,378		VF Corp		3,423,466
			TOTAL CONSUMER DURABLES & APPAREL		43,382,278
CONSUMER SERVICES - 3.2%
	64,088	*,e	Bally Technologies, Inc		4,593,828
	19,548	*	Chipotle Mexican Grill, Inc (Class A)		8,059,054
	45,466		International Game Technology		839,757
	65,266		Las Vegas Sands Corp		3,626,832
	65,132		McDonald’s Corp		6,388,146
	163,438		Starbucks Corp		11,643,323
	33,900		Starwood Hotels & Resorts Worldwide, Inc		2,242,485
	81,000		Wyndham Worldwide Corp		5,046,300
			TOTAL CONSUMER SERVICES		42,439,725
DIVERSIFIED FINANCIALS - 2.5%
	61,526	*	Affiliated Managers Group, Inc		11,096,214
	105,853		American Express Co		7,808,776
	44,931		Lazard Ltd (Class A)		1,633,691
	187,475		Moody’s Corp		12,705,181
			TOTAL DIVERSIFIED FINANCIALS		33,243,862
ENERGY - 4.7%
	45,762		Anadarko Petroleum Corp		4,050,852
	124,215		Cabot Oil & Gas Corp		9,417,981
	43,293	*	Cameron International Corp		2,567,275
	33,117	*	Cheniere Energy, Inc		946,153
	78,811		EOG Resources, Inc		11,466,212
	59,620		Equitable Resources, Inc		5,157,130
	131,149		Halliburton Co		5,926,623
	6,589		Kinder Morgan, Inc		248,801
	24,448		Pioneer Natural Resources Co		3,783,572
	183,220		Schlumberger Ltd		14,901,283
	97,311	*	Southwestern Energy Co		3,774,694
			TOTAL ENERGY		62,240,576
FOOD & STAPLES RETAILING - 2.5%
	109,381		Costco Wholesale Corp		12,829,297
	86,334		Kroger Co		3,390,336
	30,198		Safeway, Inc		778,806
	89,253		Walgreen Co		4,484,963
	118,674		Wal-Mart Stores, Inc		9,249,452
	31,125		Whole Foods Market, Inc		1,729,928
			TOTAL FOOD & STAPLES RETAILING		32,462,782

2

TIAA-CREF FUNDS - Enhanced Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
FOOD, BEVERAGE & TOBACCO - 10.3%
	601,426		Altria Group, Inc	$	21,085,995
	101,413		Brown-Forman Corp (Class B)		7,353,457
	35,851		Campbell Soup Co		1,677,827
	564,386		Coca-Cola Co		22,620,591
	43,297		Flowers Foods, Inc		994,099
	12,503	*,e	Green Mountain Coffee Roasters, Inc		964,981
	117,414		Hershey Co		11,139,066
	200,543		Hillshire Brands Co		7,061,119
	269,310		Kraft Foods Group, Inc		15,237,560
	28,003		Lorillard, Inc		1,190,968
	108,336		Mead Johnson Nutrition Co		7,891,194
	20,000	*	Monster Beverage Corp		1,219,800
	168,552		PepsiCo, Inc		14,080,834
	228,243		Philip Morris International, Inc		20,354,711
	53,042		Reynolds American, Inc		2,621,866
			TOTAL FOOD, BEVERAGE & TOBACCO		135,494,068
HEALTH CARE EQUIPMENT & SERVICES - 2.7%
	48,006		Bard (C.R.), Inc		5,501,488
	97,481	*	Cerner Corp		4,776,569
	28,711	*	Edwards Lifesciences Corp		2,049,391
	260,153	*	Express Scripts Holding Co		17,053,029
	14,555	*	Henry Schein, Inc		1,511,246
	6,671	*,e	Idexx Laboratories, Inc		653,691
	12,336	*	Intuitive Surgical, Inc		4,786,368
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		36,331,782
HOUSEHOLD & PERSONAL PRODUCTS - 1.2%
	71,900		Avon Products, Inc		1,643,634
	19,500		Church & Dwight Co, Inc		1,242,150
	96,206		Colgate-Palmolive Co		5,759,853
	5,995		Kimberly-Clark Corp		592,306
	86,120		Nu Skin Enterprises, Inc (Class A)		7,203,077
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		16,441,020
MATERIALS - 4.2%
	39,492		LyondellBasell Industries AF S.C.A		2,713,495
	167,056		Monsanto Co		16,501,792
	155,379	*	Owens-Illinois, Inc		4,622,525
	2,347		Packaging Corp of America		126,245
	50,661		PPG Industries, Inc		8,128,051
	84,784		Sealed Air Corp		2,309,516
	73,528		Sherwin-Williams Co		12,806,372
	6,543		Southern Copper Corp (NY)		170,576
	97,186	*	WR Grace & Co		7,465,829
			TOTAL MATERIALS		54,844,401
MEDIA - 4.1%
	99,906	*	AMC Networks, Inc		6,819,584
	41,270		CBS Corp (Class B)		2,180,707

3

TIAA-CREF FUNDS - Enhanced Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	386,108		Comcast Corp (Class A)	$	17,405,748
	25,781	*	DIRECTV		1,631,164
	45,177	*	Discovery Communications, Inc (Class A)		3,601,510
	133,717	*,e	Lions Gate Entertainment Corp		4,349,814
	1,609,667	e	Sirius XM Radio, Inc		6,004,058
	103,618		Viacom, Inc (Class B)		7,540,282
	61,642		Walt Disney Co		3,985,155
			TOTAL MEDIA		53,518,022
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 9.1%
	397,939		AbbVie, Inc		18,098,266
	749	*	Actavis, Inc		100,568
	39,903	*	Alexion Pharmaceuticals, Inc		4,637,926
	51,977	*	Alkermes plc		1,745,388
	111,890		Allergan, Inc		10,195,417
	122,967		Amgen, Inc		13,316,096
	51,232	*	Biogen Idec, Inc		11,175,236
	167,141		Bristol-Myers Squibb Co		7,227,177
	119,859	*	Celgene Corp		17,602,493
	37,055	*	Charles River Laboratories International, Inc		1,687,485
	28,204	*	Cubist Pharmaceuticals, Inc		1,757,955
	16,899	*	Endo Pharmaceuticals Holdings, Inc		649,936
	308,659	*	Gilead Sciences, Inc		18,967,095
	55,003	*	Jazz Pharmaceuticals plc		4,153,276
	25,296		Johnson & Johnson		2,365,176
	62,095	*	Salix Pharmaceuticals Ltd		4,588,820
	20,000	*	Vertex Pharmaceuticals, Inc		1,596,000
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		119,864,310
REAL ESTATE - 2.1%
	60,272		American Tower Corp		4,266,655
	17,797		Apartment Investment & Management Co (Class A)		522,876
	35,219	*	CBRE Group, Inc		816,024
	85,126		Equity Lifestyle Properties, Inc		3,276,500
	37,622		Public Storage, Inc		5,990,175
	55,144		Simon Property Group, Inc		8,826,349
	13,623		Taubman Centers, Inc		997,476
	107,661		Weyerhaeuser Co		3,057,572
			TOTAL REAL ESTATE		27,753,627
RETAILING - 7.8%
	21,276	*	Amazon.com, Inc		6,408,757
	2,630	*	Big Lots, Inc		95,022
	7,861		Dillard’s, Inc (Class A)		663,704
	20,000		Expedia, Inc		942,600
	229,513		Gap, Inc		10,534,647
	30,000		Genuine Parts Co		2,459,700
	11,243		GNC Holdings, Inc		593,406
	90,456	*	Groupon, Inc		801,440

4

TIAA-CREF FUNDS - Enhanced Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	356,197		Home Depot, Inc	$	28,150,249
	88,153		Macy’s, Inc		4,261,316
	12,511	*	NetFlix, Inc		3,055,436
	32,991	*	O’Reilly Automotive, Inc		4,132,453
	54,067		Petsmart, Inc		3,958,786
	14,694	*	Priceline.com, Inc		12,867,095
	52,181		Target Corp		3,717,896
	280,524		TJX Companies, Inc		14,598,469
	67,821	*	TripAdvisor, Inc		5,087,931
			TOTAL RETAILING		102,328,907
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.8%
	190,613		Broadcom Corp (Class A)		5,255,201
	217,294		Intel Corp		5,062,950
	61,164	*	Lam Research Corp		3,010,492
	296,461		Linear Technology Corp		12,024,458
	226,638		Texas Instruments, Inc		8,884,209
	49,787		Xilinx, Inc		2,324,555
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		36,561,865
SOFTWARE & SERVICES - 16.3%
	181,704		Accenture plc		13,411,572
	59,960	*,e	Alliance Data Systems Corp		11,858,889
	29,918	*	Autodesk, Inc		1,058,798
	175,904	*	eBay, Inc		9,092,478
	45,611	*	Facebook, Inc		1,679,853
	33,779	*	FleetCor Technologies, Inc		3,032,341
	48,589	*	Google, Inc (Class A)		43,127,597
	125,120	*	Informatica Corp		4,775,831
	107,029		International Business Machines Corp		20,874,936
	2,837	*	LinkedIn Corp		578,152
	34,574		Mastercard, Inc (Class A)		21,111,230
	1,315,833		Microsoft Corp		41,882,964
	30,600	*	NeuStar, Inc (Class A)		1,716,048
	774,486		Oracle Corp		25,054,622
	146,557	*	Vantiv, Inc		3,823,672
	128,133	*	VeriSign, Inc		6,129,883
	31,740		Visa, Inc (Class A)		5,618,297
	10,000	*	VMware, Inc (Class A)		821,900
			TOTAL SOFTWARE & SERVICES		215,649,063
TECHNOLOGY HARDWARE & EQUIPMENT - 6.2%
	11,173		Amphenol Corp (Class A)		877,751
	99,674		Apple, Inc		45,102,485
	220,000		EMC Corp		5,753,000
	30,283	*	F5 Networks, Inc		2,657,636
	77,103	*	JDS Uniphase Corp		1,131,101
	102,793		NetApp, Inc		4,226,848
	342,552		Qualcomm, Inc		22,111,732
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		81,860,553

5

TIAA-CREF FUNDS - Enhanced Large-Cap Growth Index Fund

SHARES			COMPANY	RATE		MATURITY DATE	VALUE
TELECOMMUNICATION SERVICES - 2.4%
	6,433	*	Crown Castle International Corp				$	451,918
	642,092		Verizon Communications, Inc					31,770,712
			TOTAL TELECOMMUNICATION SERVICES					32,222,630
TRANSPORTATION - 2.8%
	35,792		CH Robinson Worldwide, Inc					2,133,919
	13,692		Copa Holdings S.A. (Class A)					1,905,516
	220,111	*	Delta Air Lines, Inc					4,672,956
	2,261		Expeditors International of Washington, Inc					91,163
	95,580	*	Hertz Global Holdings, Inc					2,447,804
	78,028		Landstar System, Inc					4,218,194
	13,166		Union Pacific Corp					2,087,996
	218,401		United Parcel Service, Inc (Class B)					18,957,207
			TOTAL TRANSPORTATION					36,514,755
UTILITIES - 0.1%
	46,251		Aqua America, Inc					1,566,059
			TOTAL UTILITIES					1,566,059
			TOTAL COMMON STOCKS					1,315,073,538
			(Cost $1,049,591,466)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 2.3%
TREASURY DEBT - 0.3%
$	4,300,000		United States Treasury Bill		0.025%	08/01/13		4,300,000
								4,300,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 2.0%
	26,477,691	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust					26,477,691
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES					26,477,691
			TOTAL SHORT-TERM INVESTMENTS					30,777,691
			(Cost $30,777,691)
			TOTAL INVESTMENTS - 102.0%					1,345,851,229
			(Cost $1,080,369,157)
			OTHER ASSETS & LIABILITIES, NET - (2.0)%					(26,862,499	)
			NET ASSETS - 100.0%				$	1,318,988,730

*	Non-income producing.
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $25,895,498.

6

TIAA-CREF FUNDS - Enhanced Large-Cap Value Index Fund

TIAA-CREF FUNDS

ENHANCED LARGE-CAP VALUE INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.8%
AUTOMOBILES & COMPONENTS - 1.4%
	380,500		Ford Motor Co	$	6,422,840
	199,100	*	General Motors Co		7,141,717
	33,180		Lear Corp		2,298,379
	35,750	*	TRW Automotive Holdings Corp		2,620,832
			TOTAL AUTOMOBILES & COMPONENTS		18,483,768
BANKS - 4.9%
	32,400		BB&T Corp		1,156,356
	139,900		CapitalSource, Inc		1,692,790
	109,939		East West Bancorp, Inc		3,389,419
	132,800		Fifth Third Bancorp		2,553,744
	54,000		Home Loan Servicing Solutions Ltd		1,351,620
	263,980		Keycorp		3,244,314
	80,750		PNC Financial Services Group, Inc		6,141,038
	354,000		Regions Financial Corp		3,543,540
	3,750	*	Signature Bank		343,313
	44,000		SunTrust Banks, Inc		1,530,760
	67,750		US Bancorp		2,528,430
	879,800		Wells Fargo & Co		38,271,300
			TOTAL BANKS		65,746,624
CAPITAL GOODS - 7.5%
	100,300	*	Aecom Technology Corp		3,400,170
	38,000		AGCO Corp		2,137,500
	23,030		Alliant Techsystems, Inc		2,144,093
	30,380	*	BE Aerospace, Inc		2,117,790
	26,560		Carlisle Cos, Inc		1,799,174
	35,200		Caterpillar, Inc		2,918,432
	54,000		Chicago Bridge & Iron Co NV		3,217,320
	33,888		CNH Global NV		1,592,397
	32,300		Crane Co		1,967,070
	39,290		Cummins, Inc		4,761,555
	41,260		Danaher Corp		2,778,448
	23,300		Dover Corp		1,995,412
	110,800		Eaton Corp		7,639,660
	188,111		Exelis, Inc		2,780,281
	86,180		Fortune Brands Home & Security, Inc		3,560,096
	1,179,274		General Electric Co		28,738,908
	35,020		Huntington Ingalls		2,177,544

7

TIAA-CREF FUNDS - Enhanced Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	25,140		IDEX Corp	$	1,499,601
	56,560		Ingersoll-Rand plc		3,452,988
	45,040		ITT Corp		1,407,050
	41,890	*	Jacobs Engineering Group, Inc		2,479,888
	61,200		Joy Global, Inc		3,029,400
	29,290		L-3 Communications Holdings, Inc		2,728,363
	50,950		Northrop Grumman Corp		4,690,457
	22,750		Parker Hannifin Corp		2,349,620
	8,000	*	Spirit Aerosystems Holdings, Inc (Class A)		202,880
	1,300		Timken Co		75,946
	12,090		Trinity Industries, Inc		475,983
	38,380		URS Corp		1,784,670
	16,800	*	WABCO Holdings, Inc		1,328,208
			TOTAL CAPITAL GOODS		101,230,904
COMMERCIAL & PROFESSIONAL SERVICES - 0.4%
	100,000		Tyco International Ltd		3,481,000
	21,275	*	Verisk Analytics, Inc		1,369,259
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		4,850,259
CONSUMER DURABLES & APPAREL - 1.6%
	27,500		DR Horton, Inc		552,750
	70,500		Hanesbrands, Inc		4,473,930
	30,000	e	Hasbro, Inc		1,380,000
	56,300	*	Jarden Corp		2,559,961
	31,300		Mattel, Inc		1,315,539
	20,880	*	Mohawk Industries, Inc		2,484,511
	66,010		Newell Rubbermaid, Inc		1,783,590
	1,260	*	NVR, Inc		1,166,256
	12,189		Phillips-Van Heusen Corp		1,606,388
	78,000	*	Pulte Homes, Inc		1,297,140
	21,139		Whirlpool Corp		2,831,358
			TOTAL CONSUMER DURABLES & APPAREL		21,451,423
CONSUMER SERVICES - 0.9%
	49,500		Brinker International, Inc		1,987,425
	50,500	*	Penn National Gaming, Inc		2,524,495
	59,800		Royal Caribbean Cruises Ltd		2,277,782
	263,000		Sands China Ltd		1,421,457
	42,950		Service Corp International		814,761
	17,300		Starwood Hotels & Resorts Worldwide, Inc		1,144,395
	26,980	d	Yum! Brands, Inc		1,967,382
			TOTAL CONSUMER SERVICES		12,137,697
DIVERSIFIED FINANCIALS - 12.3%
	15,670	*	Affiliated Managers Group, Inc		2,826,084
	44,100		Ameriprise Financial, Inc		3,924,900
	1,187,750		Bank of America Corp		17,341,150

8

TIAA-CREF FUNDS - Enhanced Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	9,325		BlackRock, Inc	$	2,629,277
	145,000		Charles Schwab Corp		3,203,050
	523,483		Citigroup, Inc		27,294,404
	139,900		Discover Financial Services		6,926,449
	99,598		Goldman Sachs Group, Inc		16,337,060
	19,240		Invesco Ltd		619,336
	18,000		iShares Russell 1000 Value Index Fund		1,580,940
	683,300		JPMorgan Chase & Co		38,080,309
	180,300		Morgan Stanley		4,905,963
	38,000		Nasdaq Stock Market, Inc		1,231,200
	58,500		Northern Trust Corp		3,424,590
	168,000	*	PowerShares QQQ Trust Series		12,729,360
	147,750		SLM Corp		3,650,902
	62,300		SPDR Dow Jones Industrial Average ETF Trust		9,640,302
	9,300		SPDR Trust Series 1		1,568,538
	101,800		State Street Corp		7,092,406
	35,400		TD Ameritrade Holding Corp		956,862
			TOTAL DIVERSIFIED FINANCIALS		165,963,082
ENERGY - 13.3%
	114,200		Anadarko Petroleum Corp		10,108,984
	59,550		Apache Corp		4,778,888
	45,000	*	Cheniere Energy, Inc		1,285,650
	145,000		Chesapeake Energy Corp		3,378,500
	268,580		Chevron Corp		33,811,536
	13,000		Cimarex Energy Co		993,590
	100,600		ConocoPhillips		6,524,916
	2,650		EOG Resources, Inc		385,548
	26,380		Equitable Resources, Inc		2,281,870
	584,850		Exxon Mobil Corp		54,829,687
	2,200	*	Gulfport Energy Corp		117,040
	45,000		Halliburton Co		2,033,550
	82,310		Hess Corp		6,128,803
	216,200		Marathon Oil Corp		7,861,032
	78,000		Marathon Petroleum Corp		5,719,740
	11,500		Murphy Oil Corp		778,780
	133,083		Nabors Industries Ltd		2,048,147
	16,100		National Oilwell Varco, Inc		1,129,737
	78,800		Noble Energy, Inc		4,924,212
	136,900		Occidental Petroleum Corp		12,190,945
	23,000		Patterson-UTI Energy, Inc		454,710
	128,891		Phillips 66		7,926,797
	13,650		Pioneer Natural Resources Co		2,112,474
	96,118	*	Superior Energy Services		2,462,543
	57,750		Tesoro Corp		3,283,088
	57,000		Valero Energy Corp		2,038,890
			TOTAL ENERGY		179,589,657

9

TIAA-CREF FUNDS - Enhanced Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
FOOD & STAPLES RETAILING - 0.5%
	55,830		CVS Corp	$	3,432,986
	14,300		Wal-Mart Stores, Inc		1,114,542
	36,360		Whole Foods Market, Inc		2,020,889
			TOTAL FOOD & STAPLES RETAILING		6,568,417
FOOD, BEVERAGE & TOBACCO - 2.3%
	127,120		Archer Daniels Midland Co		4,636,066
	21,800		Bunge Ltd		1,657,018
	36,000		Coca-Cola Enterprises, Inc		1,351,440
	156,100	*	Dean Foods Co		1,701,490
	33,900	*,e	Diamond Foods, Inc		691,221
	21,690		Hershey Co		2,057,730
	38,000		Hillshire Brands Co		1,337,980
	42,393		Ingredion, Inc		2,848,810
	14,100		J.M. Smucker Co		1,586,532
	54,600		Mondelez International, Inc		1,707,342
	63,000	*	Monster Beverage Corp		3,842,370
	40,990		Philip Morris International, Inc		3,655,488
	12,000		Reynolds American, Inc		593,160
	140,900		Tyson Foods, Inc (Class A)		3,891,658
			TOTAL FOOD, BEVERAGE & TOBACCO		31,558,305
HEALTH CARE EQUIPMENT & SERVICES - 4.4%
	418,380		Abbott Laboratories		15,325,259
	74,500		Aetna, Inc		4,780,665
	25,750		Cardinal Health, Inc		1,289,817
	68,000	*	CareFusion Corp		2,622,760
	91,800	*	Catamaran Corp		4,847,040
	76,390		Cigna Corp		5,945,434
	13,630		Community Health Systems, Inc		627,798
	13,060		Cooper Cos, Inc		1,663,191
	100,500		Covidien plc		6,193,815
	13,100	*	Henry Schein, Inc		1,360,173
	10,000		Hill-Rom Holdings, Inc		370,700
	3,100	*	Intuitive Surgical, Inc		1,202,800
	117,500		Medtronic, Inc		6,490,700
	17,750		UnitedHealth Group, Inc		1,293,088
	4,500		Universal Health Services, Inc (Class B)		314,775
	8,900	*	VCA Antech, Inc		255,964
	64,700		WellPoint, Inc		5,535,732
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		60,119,711
HOUSEHOLD & PERSONAL PRODUCTS - 2.4%
	58,000		Avon Products, Inc		1,325,880
	30,480		Church & Dwight Co, Inc		1,941,576
	3,499		Clorox Co		300,704
	43,000		Colgate-Palmolive Co		2,574,410
	28,280		Energizer Holdings, Inc		2,878,904

10

TIAA-CREF FUNDS - Enhanced Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	23,300		Kimberly-Clark Corp	$	2,302,040
	256,542		Procter & Gamble Co		20,600,323
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		31,923,837
INSURANCE - 7.5%
	51,575		ACE Ltd		4,712,924
	17,290		Allied World Assurance Co Holdings Ltd		1,636,499
	116,000		Allstate Corp		5,913,680
	36,780		American Financial Group, Inc		1,901,158
	194,750	*	American International Group, Inc		8,863,073
	11,100		Aon plc		749,250
	19,090	*	Arch Capital Group Ltd		1,033,724
	38,390		Assurant, Inc		2,079,202
	70,000		Axis Capital Holdings Ltd		3,049,200
	186,275	*	Berkshire Hathaway, Inc (Class B)		21,583,684
	51,750		Cincinnati Financial Corp		2,535,750
	5,500		CNA Financial Corp		195,305
	5,000		Endurance Specialty Holdings Ltd		263,150
	23,000		Everest Re Group Ltd		3,071,190
	5,500		Hanover Insurance Group, Inc		296,065
	131,931		Hartford Financial Services Group, Inc		4,071,391
	43,430		HCC Insurance Holdings, Inc		1,933,938
	106,890		Lincoln National Corp		4,454,106
	64,300		Metlife, Inc		3,113,406
	138,000		Old Republic International Corp		1,994,100
	78,000		Principal Financial Group		3,382,080
	47,450		Protective Life Corp		2,056,008
	96,690		Prudential Financial, Inc		7,635,609
	33,390		Reinsurance Group of America, Inc (Class A)		2,273,525
	43,800		Torchmark Corp		3,113,304
	83,990		UnumProvident Corp		2,657,444
	109,380		Validus Holdings Ltd		3,875,333
	7,500		W.R. Berkley Corp		317,775
	85,400		XL Capital Ltd		2,677,290
			TOTAL INSURANCE		101,439,163
MATERIALS - 2.8%
	2,000		Avery Dennison Corp		89,460
	61,000		Axiall Corp		2,688,880
	26,715		CF Industries Holdings, Inc		5,236,407
	168,300	e	Cliffs Natural Resources, Inc		3,283,533
	20,000		Huntsman Corp		360,400
	50,000		International Paper Co		2,415,500
	66,000		LyondellBasell Industries AF S.C.A		4,534,860
	20,275		Monsanto Co		2,002,764
	12,400		Mosaic Co		509,516
	48,300		Nucor Corp		2,259,474
	101,900	*	Owens-Illinois, Inc		3,031,525

11

TIAA-CREF FUNDS - Enhanced Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	16,944		Packaging Corp of America	$	911,418
	37,400		PolyOne Corp		1,081,234
	2,000		PPG Industries, Inc		320,880
	39,800		Reliance Steel & Aluminum Co		2,793,960
	14,930		Rock-Tenn Co (Class A)		1,707,246
	22,300		Rockwood Holdings, Inc		1,510,379
	316,122	e	Walter Energy, Inc		3,537,405
	1,000		Westlake Chemical Corp		104,020
			TOTAL MATERIALS		38,378,861
MEDIA - 3.2%
	69,000		CBS Corp (Class B)		3,645,960
	119,500		Comcast Corp (Class A)		5,387,060
	31,900	*	Discovery Communications, Inc (Class A)		2,543,068
	45,550		DISH Network Corp (Class A)		2,033,807
	138,000		Gannett Co, Inc		3,554,880
	8,500	*	Liberty Global plc (Class A)		689,520
	15,000	*	Liberty Media Corp		2,155,950
	22,183	*	Madison Square Garden, Inc		1,308,132
	60,180	*	Starz-Liberty Capital		1,358,263
	56,750		Time Warner, Inc		3,533,255
	254,000		Walt Disney Co		16,421,100
			TOTAL MEDIA		42,630,995
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.7%
	29,150		AbbVie, Inc		1,325,742
	10,500	*	Actavis, Inc		1,409,835
	33,500	*	Alexion Pharmaceuticals, Inc		3,893,705
	18,380		Amgen, Inc		1,990,370
	11,639	*	Biogen Idec, Inc		2,538,815
	5,750		Bristol-Myers Squibb Co		248,630
	33,799	*	Endo Pharmaceuticals Holdings, Inc		1,299,909
	76,899	*	Gilead Sciences, Inc		4,725,444
	268,524		Johnson & Johnson		25,106,994
	269,942		Merck & Co, Inc		13,003,106
	40,400	*	Mylan Laboratories, Inc		1,355,824
	26,800		Perrigo Co		3,333,652
	1,201,117		Pfizer, Inc		35,108,650
	83,900		Thermo Electron Corp		7,644,129
	66,900		Warner Chilcott plc		1,425,639
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		104,410,444
REAL ESTATE - 4.0%
	36,380	*	Alexander & Baldwin, Inc		1,611,270
	16,750		American Tower Corp		1,185,733
	54,700		Apartment Investment & Management Co (Class A)		1,607,086
	24,000		Brandywine Realty Trust		334,560
	15,000		Corporate Office Properties Trust		382,200

12

TIAA-CREF FUNDS - Enhanced Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	113,800		DDR Corp	$	1,943,704
	131,800		Duke Realty Corp		2,170,746
	36,000		Equity Lifestyle Properties, Inc		1,385,640
	105,500		Extra Space Storage, Inc		4,436,275
	20,000		General Growth Properties, Inc		414,800
	14,000		HCP, Inc		614,180
	21,800		Hospitality Properties Trust		621,082
	132,500		Host Marriott Corp		2,366,450
	11,800	*	Howard Hughes Corp		1,288,678
	20,130		Jones Lang LaSalle, Inc		1,832,434
	23,800		Kilroy Realty Corp		1,245,692
	30,000		Kimco Realty Corp		676,500
	55,555		National Retail Properties, Inc		1,943,869
	42,780		Public Storage, Inc		6,811,432
	43,500	*	Realogy Holdings Corp		1,955,760
	4,500		Regency Centers Corp		237,285
	28,000		Senior Housing Properties Trust		704,200
	47,750		Simon Property Group, Inc		7,642,865
	28,000		SL Green Realty Corp		2,538,200
	23,210		Taubman Centers, Inc		1,699,436
	62,800		Ventas, Inc		4,128,472
	39,000		Weingarten Realty Investors		1,221,480
	43,750		Weyerhaeuser Co		1,242,500
			TOTAL REAL ESTATE		54,242,529
RETAILING - 2.7%
	155,750		Best Buy Co, Inc		4,686,517
	55,000		Expedia, Inc		2,592,150
	108,880	e	GameStop Corp (Class A)		5,341,653
	89,500		Gap, Inc		4,108,050
	14,800		Genuine Parts Co		1,213,452
	32,750		Home Depot, Inc		2,588,233
	14,500	*	Liberty Ventures		1,300,940
	38,950		Macy’s, Inc		1,882,843
	15,500	*	NetFlix, Inc		3,785,410
	22,000	*	O’Reilly Automotive, Inc		2,755,720
	29,780		Signet Jewelers Ltd		2,177,216
	268,000		Staples, Inc		4,561,360
			TOTAL RETAILING		36,993,544
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.0%
	42,700		Applied Materials, Inc		696,437
	18,800	*	Cree, Inc		1,314,120
	510,750		Intel Corp		11,900,475
	46,920	*	Lam Research Corp		2,309,402
	228,800		Marvell Technology Group Ltd		2,967,536
	263,000	*	Micron Technology, Inc		3,484,750
	180,000		Nvidia Corp		2,597,400
	169,800	*	ON Semiconductor Corp		1,399,152
	29,600	*	Teradyne, Inc		488,104
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		27,157,376

13

TIAA-CREF FUNDS - Enhanced Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
SOFTWARE & SERVICES - 2.8%
	29,389	*	Akamai Technologies, Inc	$	1,387,161
	10,950	*,e	Alliance Data Systems Corp		2,165,691
	78,380		Booz Allen Hamilton Holding Co		1,675,764
	33,000	*	Commvault Systems, Inc		2,786,190
	78,380		Computer Sciences Corp		3,735,591
	89,813	*	Electronic Arts, Inc		2,345,916
	69,290		Fidelity National Information Services, Inc		2,990,556
	113,980	*	First American Corp		3,180,042
	25,500		IAC/InterActiveCorp		1,290,555
	28,000		Jack Henry & Associates, Inc		1,352,400
	122,220	*,e	Millennial Media, Inc		1,211,200
	131,000		SAIC, Inc		2,002,990
	113,300		Symantec Corp		3,022,844
	2,200	*	Synopsys, Inc		81,488
	24,500	*	Tableau Software, Inc		1,357,300
	47,750	*	VMware, Inc (Class A)		3,924,573
	19,380	*	Workday, Inc		1,323,460
	92,924	*	Yahoo!, Inc		2,610,235
			TOTAL SOFTWARE & SERVICES		38,443,956
TECHNOLOGY HARDWARE & EQUIPMENT - 5.5%
	27,750		Apple, Inc		12,556,875
	45,540	*	Arrow Electronics, Inc		2,078,901
	78,900	*	Aruba Networks, Inc		1,402,842
	60,000	*	Avnet, Inc		2,260,200
	70,000	*	Brocade Communications Systems, Inc		466,200
	852,750		Cisco Systems, Inc		21,787,762
	223,800		Corning, Inc		3,399,522
	194,242		Hewlett-Packard Co		4,988,135
	83,830	*	Ingram Micro, Inc (Class A)		1,913,839
	83,990	*,e	InvenSense, Inc		1,484,943
	80,908	e	Lexmark International, Inc (Class A)		3,033,241
	35,250		NetApp, Inc		1,449,480
	44,500	*	SanDisk Corp		2,452,840
	63,000		Seagate Technology, Inc		2,577,330
	208,000	*	Vishay Intertechnology, Inc		2,993,120
	83,890		Western Digital Corp		5,400,838
	388,800		Xerox Corp		3,771,360
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		74,017,428
TELECOMMUNICATION SERVICES - 2.3%
	627,500		AT&T, Inc		22,131,925
	76,500		T-Mobile US, Inc		1,844,415
	35,400		US Cellular Corp		1,405,734
	103,950		Verizon Communications, Inc		5,143,446
			TOTAL TELECOMMUNICATION SERVICES		30,525,520

14

TIAA-CREF FUNDS - Enhanced Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
TRANSPORTATION - 1.4%
	38,580		Con-Way, Inc	$	1,599,141
	205,000	*	Delta Air Lines, Inc		4,352,150
	56,828	*	Hertz Global Holdings, Inc		1,455,365
	29,800		Kansas City Southern Industries, Inc		3,210,950
	77,500		Southwest Airlines Co		1,071,825
	25,000		Union Pacific Corp		3,964,750
	31,500		United Parcel Service, Inc (Class B)		2,734,200
			TOTAL TRANSPORTATION		18,388,381
UTILITIES - 6.0%
	254,000		AES Corp		3,159,760
	42,300		Alliant Energy Corp		2,240,631
	38,000		Ameren Corp		1,360,780
	27,975		American Electric Power Co, Inc		1,296,641
	73,390		American Water Works Co, Inc		3,132,285
	13,000		Aqua America, Inc		440,180
	14,000		Atmos Energy Corp		619,360
	120,300	*	Calpine Corp		2,407,203
	65,400		Centerpoint Energy, Inc		1,623,228
	109,000		CMS Energy Corp		3,050,910
	37,750		Dominion Resources, Inc		2,238,953
	84,200		DTE Energy Co		5,952,940
	71,100		Duke Energy Corp		5,048,100
	22,750		Edison International		1,134,087
	34,750		Exelon Corp		1,063,003
	6,000		Integrys Energy Group, Inc		376,800
	50,500		MDU Resources Group, Inc		1,416,020
	11,300		National Fuel Gas Co		732,579
	80,600		NextEra Energy, Inc		6,980,766
	88,000		NiSource, Inc		2,703,360
	108,000		Northeast Utilities		4,796,280
	98,000		NRG Energy, Inc		2,628,360
	65,600		OGE Energy Corp		2,453,440
	73,980		Pinnacle West Capital Corp		4,357,422
	67,500		PPL Corp		2,144,475
	10,000		Questar Corp		238,600
	21,200		SCANA Corp		1,100,492
	69,200		Sempra Energy		6,063,996
	42,240		Southern Co		1,894,042
	66,880		UGI Corp		2,808,291
	13,000		Vectren Corp		481,260
	19,390		Westar Energy, Inc		651,310
	65,400		Wisconsin Energy Corp		2,843,592
	75,100		Xcel Energy, Inc		2,249,245
			TOTAL UTILITIES		81,688,391
			TOTAL COMMON STOCKS		1,347,940,272
			(Cost $1,007,825,359)

15

TIAA-CREF FUNDS - Enhanced Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
SHORT-TERM INVESTMENTS - 1.5%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.5%
	19,808,393	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	19,808,393
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		19,808,393
			TOTAL SHORT-TERM INVESTMENTS		19,808,393
			(Cost $19,808,393)
			TOTAL INVESTMENTS - 101.3%		1,367,748,665
			(Cost $1,027,633,752)
			OTHER ASSETS & LIABILITIES, NET - (1.3)%		(18,042,440	)
			NET ASSETS - 100.0%	$	1,349,706,225

	Abbreviation(s):
	ETF    Exchange Traded Fund
	SPDR    Standard & Poor’s Depository Receipts
*	Non-income producing.
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of this security has been segregated to cover margin requirements on open written options contracts.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $19,743,913.

16

TIAA-CREF FUNDS - Growth & Income Fund

TIAA-CREF FUNDS

GROWTH & INCOME FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES				COMPANY	VALUE
COMMON STOCKS - 99.4%
AUTOMOBILES & COMPONENTS - 1.1%
	534,587			Delphi Automotive plc	$	28,718,014
	305,621		*	General Motors Co		10,962,625
				TOTAL AUTOMOBILES & COMPONENTS		39,680,639
BANKS - 2.2%
	57,549			BNP Paribas		3,731,319
	364,210		*	CIT Group, Inc		18,250,563
	30,100		*	Ocwen Financial Corp		1,433,362
	1,324,290			Wells Fargo & Co		57,606,615
				TOTAL BANKS		81,021,859
CAPITAL GOODS - 7.1%
	200,732			AGCO Corp		11,291,175
	175,176			Boeing Co		18,410,997
	330,105			Eaton Corp		22,760,740
	2,820,566			General Electric Co		68,737,194
	619,939			Honeywell International, Inc		51,442,538
	343,475			ITT Corp		10,730,159
	73,147			Precision Castparts Corp		16,218,153
	80,253			Rockwell Automation, Inc		7,772,503
	176,779			Roper Industries, Inc		22,267,083
	167,826		*	Teledyne Technologies, Inc		13,454,610
	63,748			W.W. Grainger, Inc		16,710,901
				TOTAL CAPITAL GOODS		259,796,053
COMMERCIAL & PROFESSIONAL SERVICES - 0.7%
	243,930			ADT Corp		9,776,714
	429,584			Tyco International Ltd		14,953,819
				TOTAL COMMERCIAL & PROFESSIONAL SERVICES		24,730,533
CONSUMER DURABLES & APPAREL - 2.3%
	823,041			DR Horton, Inc		16,543,124
	319,751		*	Jarden Corp		14,539,078
	89,917		*	Mohawk Industries, Inc		10,699,224
	576,400			Prada S.p.A		5,374,524
	63,533	*,d,e		SodaStream International Ltd		4,134,728
	269,945		*	TRI Pointe Homes, Inc		4,073,470
	91,513			VF Corp		18,028,061
	168,598			Wolverine World Wide, Inc		9,696,071
				TOTAL CONSUMER DURABLES & APPAREL		83,088,280
CONSUMER SERVICES - 1.3%
	235,498		*	Chuy’s Holdings, Inc		8,310,724
	265,043			Las Vegas Sands Corp		14,728,440

17

TIAA-CREF FUNDS - Growth & Income Fund

SHARES				COMPANY	VALUE
	286,390		*	Penn National Gaming, Inc	$	14,316,636
	306,364			Six Flags Entertainment Corp		11,271,132
				TOTAL CONSUMER SERVICES		48,626,932
DIVERSIFIED FINANCIALS - 6.4%
	4,044,285			Bank of America Corp		59,046,561
	1,277,008			Citigroup, Inc		66,583,197
	142,457			CME Group, Inc		10,538,969
	601,762			Discover Financial Services		29,793,237
	262,295			JPMorgan Chase & Co		14,617,700
	1,061,477			Morgan Stanley		28,882,789
	368,539			State Street Corp		25,676,112
				TOTAL DIVERSIFIED FINANCIALS		235,138,565
ENERGY - 9.7%
	425,883			Anadarko Petroleum Corp		37,699,163
	343,113		*	Athabasca Oil Corp		2,408,572
	298,487		*	Cheniere Energy, Inc		8,527,774
	667,274			Chevron Corp		84,003,124
	80,380		*	Concho Resources, Inc		7,209,282
	183,807			EOG Resources, Inc		26,742,080
	146,046			Equitable Resources, Inc		12,632,979
	703,904			Exxon Mobil Corp		65,991,000
	838,961			Halliburton Co		37,912,648
	671,745			Marathon Oil Corp		24,424,648
	220,854			Occidental Petroleum Corp		19,667,049
	166,106			Oceaneering International, Inc		13,469,536
	281,283			Phillips 66		17,298,904
				TOTAL ENERGY		357,986,759
FOOD & STAPLES RETAILING - 1.1%
	219,616			Costco Wholesale Corp		25,758,761
	195,390			Wal-Mart Stores, Inc		15,228,696
				TOTAL FOOD & STAPLES RETAILING		40,987,457
FOOD, BEVERAGE & TOBACCO - 7.2%
	877,103		d	Altria Group, Inc		30,751,231
	1,072,989			Britvic plc		8,872,658
	190,119			Brown-Forman Corp (Class B)		13,785,529
	617,016			Campbell Soup Co		28,876,349
	533,022			ConAgra Foods, Inc		19,300,726
	538,914		*	Dean Foods Co		5,874,162
	139,181			Groupe Danone		11,022,512
	286,545			Hershey Co		27,184,524
	384,815			Kraft Foods Group, Inc		21,772,833
	203,338		*,d	Monster Beverage Corp		12,401,585
	747,322			PepsiCo, Inc		62,431,280
	131,710		e	Remy Cointreau S.A.		13,639,290
	446,420	*,d,e		WhiteWave Foods Co (Class A)		8,343,590
				TOTAL FOOD, BEVERAGE & TOBACCO		264,256,269

18

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
HEALTH CARE EQUIPMENT & SERVICES - 2.6%
	603,795		Aetna, Inc	$	38,745,525
	301,304	*	Catamaran Corp		15,908,851
	673,798		Medtronic, Inc		37,220,602
	185,600	*	Olympus Corp		5,672,669
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		97,547,647
HOUSEHOLD & PERSONAL PRODUCTS - 2.0%
	168,746		Beiersdorf AG.		15,604,631
	84,235		L’Oreal S.A.		14,120,435
	563,659		Procter & Gamble Co		45,261,818
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		74,986,884
INSURANCE - 3.9%
	395,613	d	ACE Ltd		36,151,116
	311,941	*	American International Group, Inc		14,196,435
	271,739	*	Berkshire Hathaway, Inc (Class B)		31,486,398
	864,264		Hartford Financial Services Group, Inc		26,671,187
	687,639		Metlife, Inc		33,295,480
			TOTAL INSURANCE		141,800,616
MATERIALS - 3.4%
	576,349	*	Berry Plastics Group, Inc		13,290,608
	137,849		Cytec Industries, Inc		10,738,437
	79,743		DSM NV		5,604,263
	257,207		Du Pont (E.I.) de Nemours & Co		14,838,272
	272,782		LyondellBasell Industries AF S.C.A		18,742,851
	247,067		Monsanto Co		24,405,278
	115,842		PPG Industries, Inc		18,585,691
	689,475		Sealed Air Corp		18,781,299
			TOTAL MATERIALS		124,986,699
MEDIA - 4.6%
	94,091	*	Charter Communications, Inc		11,831,003
	982,513		Comcast Corp (Class A)		44,291,686
	181,149		DISH Network Corp (Class A)		8,088,303
	279,121	*,e	Lions Gate Entertainment Corp		9,079,806
	119,674		Time Warner Cable, Inc		13,651,213
	446,586		Time Warner, Inc		27,804,444
	417,651		Viacom, Inc (Class B)		30,392,463
	391,278		Walt Disney Co		25,296,123
			TOTAL MEDIA		170,435,041
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 12.7%
	173,767	*	Actavis, Inc		23,331,695
	90,212	*,d	Aegerion Pharmaceuticals, Inc		8,262,517
	190,115	*	Alexion Pharmaceuticals, Inc		22,097,066
	293,089		Amgen, Inc		31,738,608
	56,547	*	Biogen Idec, Inc		12,334,597
	144,901	*	BioMarin Pharmaceuticals, Inc		9,367,850

19

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
	117,021	*	Biovail Corp	$	10,953,166
	1,162,148	*	Biovitrum AB		8,714,861
	20,517	*	Bluebird Bio, Inc		638,694
	325,429		Bristol-Myers Squibb Co		14,071,550
	88,103	*	Celgene Corp		12,938,807
	948,703	*	Gilead Sciences, Inc		58,297,799
	151,236	*,e	Illumina, Inc		12,071,657
	205,507	*	Jazz Pharmaceuticals plc		15,517,833
	680,393		Johnson & Johnson		63,616,746
	175,934	*	Medivation, Inc		10,181,301
	947,621		Merck & Co, Inc		45,646,904
	231,554	*	Mylan Laboratories, Inc		7,770,952
	197,828		Novartis AG.		14,221,215
	44,110		Novo Nordisk AS (Class B)		7,483,967
	1,329,204		Pfizer, Inc		38,852,633
	30,999		Roche Holding AG.		7,628,512
	154,291	*	Salix Pharmaceuticals Ltd		11,402,105
	90,614	*,e	Theravance, Inc		3,494,076
	497,935		Zoetis Inc		14,843,442
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		465,478,553
REAL ESTATE - 0.6%
	150,639		American Tower Corp		10,663,735
	226,527	*	Realogy Holdings Corp		10,184,654
			TOTAL REAL ESTATE		20,848,389
RETAILING - 6.1%
	108,306	*	Amazon.com, Inc		32,623,933
	442,723		Best Buy Co, Inc		13,321,535
	549,904		Gap, Inc		25,240,593
	2,045,841	*	Groupon, Inc		18,126,151
	697,322		Home Depot, Inc		55,109,358
	484,524		Macy’s, Inc		23,421,890
	86,667	*	NetFlix, Inc		21,165,815
	412,862	e	PetMed Express, Inc		6,915,439
	523,217		TJX Companies, Inc		27,228,213
			TOTAL RETAILING		223,152,927
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.4%
	1,313,054		Applied Materials, Inc		21,415,911
	196,533	*,d	Cree, Inc		13,737,657
	272,501	*	Micron Technology, Inc		3,610,638
	433,887	*	NXP Semiconductors NV		14,166,411
	730,320	*	SunEdison, Inc		7,361,626
	299,559	*,e	SunPower Corp		8,282,806
	436,286		Xilinx, Inc		20,370,193
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		88,945,242
SOFTWARE & SERVICES - 8.5%
	87,134	*,e	Alliance Data Systems Corp		17,233,363
	1,157,527		Compuware Corp		13,126,356
	194,319	*	Constant Contact, Inc		3,728,982

20

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
	212,687	*	eBay, Inc	$	10,993,791
	227,274	*	Facebook, Inc		8,370,501
	244,216	*	Fortinet, Inc		5,189,590
	79,389	*,d	Google, Inc (Class A)		70,465,676
	1,606,111		Microsoft Corp		51,122,513
	81,354	*,d	MicroStrategy, Inc (Class A)		7,729,444
	910,633		Oracle Corp		29,458,978
	124,683	*	Sina Corp		8,599,387
	134,128	*	Splunk, Inc		6,707,741
	511,067	*	Take-Two Interactive Software, Inc		8,959,004
	159,353	*	TIBCO Software, Inc		3,974,264
	177,930		Visa, Inc (Class A)		31,495,389
	146,080	*,d	VMware, Inc (Class A)		12,006,315
	356,219	*	Yahoo!, Inc		10,006,192
	401,633	*	Yandex NV		13,053,072
			TOTAL SOFTWARE & SERVICES		312,220,558
TECHNOLOGY HARDWARE & EQUIPMENT - 7.5%
	6,493,597	*	Alcatel-Lucent (ADR)		16,493,736
	235,848	d	Apple, Inc		106,721,220
	2,599,413		Cisco Systems, Inc		66,415,002
	163,785	*	F5 Networks, Inc		14,373,772
	726,189		Hewlett-Packard Co		18,648,534
	1,235,874	*	JDS Uniphase Corp		18,130,272
	311,069		NetApp, Inc		12,791,157
	257,882		Qualcomm, Inc		16,646,283
	70,250	*,e	Stratasys Ltd		6,227,662
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		276,447,638
TELECOMMUNICATION SERVICES - 1.7%
	300,286		Telephone & Data Systems, Inc		7,960,582
	1,107,897		Verizon Communications, Inc		54,818,743
			TOTAL TELECOMMUNICATION SERVICES		62,779,325
TRANSPORTATION - 2.1%
	170,046		Canadian Pacific Railway Ltd		20,895,253
	1,167,780	*	Delta Air Lines, Inc		24,791,969
	647,512	*	Hertz Global Holdings, Inc		16,582,782
	142,695		Kansas City Southern Industries, Inc		15,375,386
			TOTAL TRANSPORTATION		77,645,390
UTILITIES - 2.2%
	320,016		American Water Works Co, Inc		13,658,283
	437,580	*	Calpine Corp		8,755,976
	239,652		NextEra Energy, Inc		20,756,260
	164,884	*	NRG Yield, Inc		4,699,194
	175,324		Oneok, Inc		9,283,406
	197,140		Sempra Energy		17,275,378
	102,690		UNS Energy Corp		5,221,786
			TOTAL UTILITIES		79,650,283

21

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	RATE		MATURITY DATE	VALUE
			TOTAL COMMON STOCKS				$	3,652,238,538
			(Cost $2,827,051,375)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 2.1%
TREASURY DEBT - 0.3%
$	8,900,000		United States Treasury Bill		0.025%	08/01/13		8,900,000
								8,900,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.8%
	67,333,708	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust					67,333,708
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES					67,333,708
			TOTAL SHORT-TERM INVESTMENTS					76,233,708
			(Cost $76,233,708)
			TOTAL INVESTMENTS - 101.5%					3,728,472,246
			(Cost $2,903,285,083)
			OTHER ASSETS & LIABILITIES, NET - (1.5)%					(55,809,015	)
			NET ASSETS - 100.0%				$	3,672,663,231

Abbreviation(s):

ADR    American Depositary Receipt

*	Non-income producing.
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of these securities have been segregated to cover margin requirements on open written options contracts.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $66,452,323.

22

TIAA-CREF FUNDS - Large-Cap Growth Fund

TIAA-CREF FUNDS

LARGE-CAP GROWTH FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.4%
AUTOMOBILES & COMPONENTS - 2.4%
	491,557		Delphi Automotive plc	$	26,406,442
	333,588	*	General Motors Co		11,965,802
	106,018		Renault S.A.		8,353,100
	17,947	*,e	Tesla Motors, Inc		2,409,923
			TOTAL AUTOMOBILES & COMPONENTS		49,135,267
CAPITAL GOODS - 7.3%
	329,880		Boeing Co		34,670,388
	100,996		Chicago Bridge & Iron Co NV		6,017,342
	118,906	d	Cummins, Inc		14,410,218
	190,584		Precision Castparts Corp		42,256,285
	137,086		Roper Industries, Inc		17,267,352
	130,823		W.W. Grainger, Inc		34,293,941
			TOTAL CAPITAL GOODS		148,915,526
COMMERCIAL & PROFESSIONAL SERVICES - 1.9%
	529,180		Nielsen Holdings NV		17,685,196
	340,396	*	Verisk Analytics, Inc		21,907,886
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		39,593,082
CONSUMER DURABLES & APPAREL - 4.4%
	111,180	*	Fossil Group, Inc		12,218,682
	64,154	e	Hasbro, Inc		2,951,084
	341,816		Luxottica Group S.p.A.		18,109,358
	121,578		LVMH Moet Hennessy Louis Vuitton S.A.		22,130,765
	313,680		Nike, Inc (Class B)		19,736,745
	76,227	d	Ralph Lauren Corp		13,877,888
			TOTAL CONSUMER DURABLES & APPAREL		89,024,522
CONSUMER SERVICES - 4.6%
	45,527	*	Hyatt Hotels Corp		2,060,097
	657,900		Las Vegas Sands Corp		36,559,503
	594,269		Starbucks Corp		42,335,723
	204,094		Starwood Hotels & Resorts Worldwide, Inc		13,500,818
			TOTAL CONSUMER SERVICES		94,456,141
DIVERSIFIED FINANCIALS - 5.3%
	104,423	*	Affiliated Managers Group, Inc		18,832,688
	220,876		Ameriprise Financial, Inc		19,657,964
	223,893		Apollo Management LP		5,982,421
	563,153		Blackstone Group LP		12,699,100

23

TIAA-CREF FUNDS - Large-Cap Growth Fund

SHARES			COMPANY	VALUE
	87,130		Goldman Sachs Group, Inc	$	14,291,934
	110,732	*	IntercontinentalExchange, Inc		20,203,054
	244,869		Moody’s Corp		16,594,772
			TOTAL DIVERSIFIED FINANCIALS		108,261,933
ENERGY - 2.5%
	109,662		EOG Resources, Inc		15,954,724
	284,355	*	FMC Technologies, Inc		15,156,122
	435,498		Halliburton Co		19,680,155
			TOTAL ENERGY		50,791,001
FOOD & STAPLES RETAILING - 1.2%
	206,143		Costco Wholesale Corp		24,178,512
			TOTAL FOOD & STAPLES RETAILING		24,178,512
FOOD, BEVERAGE & TOBACCO - 0.5%
	164,604	*	Monster Beverage Corp		10,039,198
			TOTAL FOOD, BEVERAGE & TOBACCO		10,039,198
HEALTH CARE EQUIPMENT & SERVICES - 1.3%
	235,918	*	Cerner Corp		11,559,982
	170,057	*	Edwards Lifesciences Corp		12,138,669
	9,482	*	Intuitive Surgical, Inc		3,679,016
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		27,377,667
HOUSEHOLD & PERSONAL PRODUCTS - 1.9%
	869,790		Avon Products, Inc		19,883,399
	110,525		L’Oreal S.A.		18,527,466
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		38,410,865
MATERIALS - 4.4%
	193,824		Ecolab, Inc		17,858,943
	553,994		Monsanto Co		54,723,527
	103,439		Sherwin-Williams Co		18,015,971
			TOTAL MATERIALS		90,598,441
MEDIA - 5.1%
	202,583		CBS Corp (Class B)		10,704,486
	460,893		Comcast Corp (Class A)		20,777,057
	125,088	*	DIRECTV		7,914,318
	366,092	*	Discovery Communications, Inc (Class A)		29,184,854
	126,033	*	Tribune Co		7,965,285
	410,732		Walt Disney Co		26,553,824
			TOTAL MEDIA		103,099,824
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 15.9%
	179,146	*	Alexion Pharmaceuticals, Inc		20,822,140
	274,016	*	Biogen Idec, Inc		59,771,110
	295,930		Bristol-Myers Squibb Co		12,796,013
	314,118	*	Celgene Corp		46,131,369

24

TIAA-CREF FUNDS - Large-Cap Growth Fund

SHARES			COMPANY	VALUE
	1,115,848	*	Gilead Sciences, Inc	$	68,568,860
	242,883	*,e	Illumina, Inc		19,386,921
	321,837		Perrigo Co		40,033,304
	100,203		Roche Holding AG.		24,658,854
	95,919	*	Salix Pharmaceuticals Ltd		7,088,414
	111,178	*	Vertex Pharmaceuticals, Inc		8,872,004
	548,065		Zoetis Inc		16,337,818
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		324,466,807
REAL ESTATE - 1.2%
	3,085,000		Global Logistic Properties		6,879,634
	390,696	*	Realogy Holdings Corp		17,565,692
			TOTAL REAL ESTATE		24,445,326
RETAILING - 7.4%
	191,313	*	Amazon.com, Inc		57,627,302
	411,173	*	Carmax, Inc		20,163,924
	209,455	*,e	Ctrip.com International Ltd (ADR)		7,672,337
	323,853		Expedia, Inc		15,263,192
	1,477,421	*	Groupon, Inc		13,089,950
	390,651		Home Depot, Inc		30,873,148
	20,561	*	NetFlix, Inc		5,021,407
			TOTAL RETAILING		149,711,260
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.9%
	958,393		Applied Materials, Inc		15,631,390
	211,203	*	Lam Research Corp		10,395,412
	308,556	*	NXP Semiconductors NV		10,074,353
	480,647		Xilinx, Inc		22,441,408
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		58,542,563
SOFTWARE & SERVICES - 20.8%
	880,837	*	Adobe Systems, Inc		41,645,973
	870,805	*	eBay, Inc		45,011,910
	1,092,303	*	Facebook, Inc		40,229,520
	73,612	*	Google, Inc (Class A)		65,338,011
	910,081		Intuit, Inc		58,172,378
	60,314	*	LinkedIn Corp		12,291,390
	64,477		Mastercard, Inc (Class A)		39,370,301
	668,915	*	Red Hat, Inc		34,629,730
	273,256	*	Salesforce.com, Inc		11,954,950
	334,465	*	Teradata Corp		19,773,571
	313,845		Visa, Inc (Class A)		55,553,703
			TOTAL SOFTWARE & SERVICES		423,971,437
TECHNOLOGY HARDWARE & EQUIPMENT - 4.4%
	3,365,302	*	Alcatel-Lucent (ADR)		8,547,867
	106,375		Apple, Inc		48,134,688
	761,270		Cisco Systems, Inc		19,450,448
	475,532		EMC Corp		12,435,162
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		88,568,165

25

TIAA-CREF FUNDS - Large-Cap Growth Fund

SHARES			COMPANY	RATE		MATURITY DATE	VALUE
TELECOMMUNICATION SERVICES - 0.5%
	174,200		Softbank Corp				$	11,057,584
			TOTAL TELECOMMUNICATION SERVICES					11,057,584
TRANSPORTATION - 2.5%
	581,453	*	Hertz Global Holdings, Inc					14,891,011
	332,085		Kansas City Southern Industries, Inc					35,782,159
			TOTAL TRANSPORTATION					50,673,170
			TOTAL COMMON STOCKS					2,005,318,291
			(Cost $1,534,511,242)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 2.4%
TREASURY DEBT - 0.8%
$	15,000,000		United States Treasury Bill		0.025%	08/01/13		15,000,000
								15,000,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.6%
	33,028,210	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust					33,028,210
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES					33,028,210
			TOTAL SHORT-TERM INVESTMENTS					48,028,210
			(Cost $48,028,210)
			TOTAL INVESTMENTS - 100.8%					2,053,346,501
			(Cost $1,582,539,452)
			OTHER ASSETS & LIABILITIES, NET - (0.8)%					(16,903,875	)
			NET ASSETS - 100.0%				$	2,036,442,626

	Abbreviation(s):
	ADR    American Depositary Receipt
*	Non-income producing.
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of these securities have been segregated to cover margin requirements on open written options contracts.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $32,089,719.

26

TIAA-CREF FUNDS - Large-Cap Value Fund

TIAA-CREF FUNDS

LARGE-CAP VALUE FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.7%
AUTOMOBILES & COMPONENTS - 0.5%
	605,559	*	American Axle & Manufacturing Holdings, Inc	$	11,778,122
	191,148		Delphi Automotive plc		10,268,471
			TOTAL AUTOMOBILES & COMPONENTS		22,046,593
BANKS - 5.4%
	3,703,551	*,e	Banco Espirito Santo S.A.		3,606,134
	534,222		BB&T Corp		19,066,383
	1,613,862		Huntington Bancshares, Inc		13,798,520
	2,260,553		Keycorp		27,782,196
	356,056		Societe Generale		14,325,150
	1,738,777		Synovus Financial Corp		5,790,127
	1,195,273		TCF Financial Corp		18,215,961
	368,959		US Bancorp		13,769,550
	2,530,385		Wells Fargo & Co		110,071,748
			TOTAL BANKS		226,425,769
CAPITAL GOODS - 7.2%
	242,312		Boeing Co		25,466,991
	574,924	*	Edwards Group Ltd (ADR)		4,800,615
	439,961		General Dynamics Corp		37,546,272
	6,362,117		General Electric Co		155,044,791
	156,889		Joy Global, Inc		7,766,006
	89,853		L-3 Communications Holdings, Inc		8,369,807
	344,476		Pentair Ltd		21,040,594
	204,602	*,e	Polypore International, Inc		8,591,238
	325,024		SPX Corp		24,835,084
	274,673		Textron, Inc		7,520,547
			TOTAL CAPITAL GOODS		300,981,945
COMMERCIAL & PROFESSIONAL SERVICES - 0.4%
	412,886		ADT Corp		16,548,471
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		16,548,471
CONSUMER DURABLES & APPAREL - 1.3%
	678,487	*	CROCS, Inc		9,274,917
	187,810	*,e	Deckers Outdoor Corp		10,297,623
	319,036	e	Hasbro, Inc		14,675,656
	406,885	*	Jarden Corp		18,501,061
			TOTAL CONSUMER DURABLES & APPAREL		52,749,257
CONSUMER SERVICES - 2.8%
	987,589		Carnival Corp		36,570,420
	244,065	*	Hyatt Hotels Corp		11,043,941

27

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES			COMPANY	VALUE
	425,226		Interval Leisure Group, Inc	$	9,146,612
	452,304		Las Vegas Sands Corp		25,134,533
	548,521	*	Penn National Gaming, Inc		27,420,565
	190,918		Six Flags Entertainment Corp		7,023,873
			TOTAL CONSUMER SERVICES		116,339,944
DIVERSIFIED FINANCIALS - 9.5%
	336,850		Apollo Management LP		9,000,632
	5,455,744		Bank of America Corp		79,653,862
	676,069		Blackstone Group LP		15,245,356
	113,779		Capital One Financial Corp		7,853,027
	1,897,393		Citigroup, Inc		98,930,071
	110,334		Goldman Sachs Group, Inc		18,098,086
	963,795		JPMorgan Chase & Co		53,712,295
	734,090		Legg Mason, Inc		25,245,355
	1,632,408		Morgan Stanley		44,417,822
	160,974		Northern Trust Corp		9,423,418
	497,838		State Street Corp		34,684,373
			TOTAL DIVERSIFIED FINANCIALS		396,264,297
ENERGY - 14.3%
	263,272		Anadarko Petroleum Corp		23,304,838
	1,075,561		Baker Hughes, Inc		51,013,858
	154,876		Cabot Oil & Gas Corp		11,742,698
	273,860	*	Cheniere Energy, Inc		7,824,180
	526,781		Chesapeake Energy Corp		12,273,997
	709,474		Chevron Corp		89,315,682
	527,201	*	Cobalt International Energy, Inc		15,209,749
	743,994		ConocoPhillips		48,255,451
	305,304	*	Devon Energy Corp		16,794,773
	1,448,360	e	EXCO Resources, Inc		12,557,281
	1,186,731		Exxon Mobil Corp		111,256,031
	1,330,002	*	Kodiak Oil & Gas Corp		12,914,320
	364,283		Marathon Oil Corp		13,245,330
	137,768		Marathon Petroleum Corp		10,102,528
	723,434	*	Matador Resources Co		9,476,985
	474,299		Occidental Petroleum Corp		42,236,326
	174,404		Phillips 66		10,725,846
	320,767	*	Southwestern Energy Co		12,442,552
	723,088		Spectra Energy Corp		26,023,937
	994,646		Tailsman Energy, Inc		11,249,446
	2,041,922	*	Weatherford International Ltd		28,505,231
	702,331		Williams Cos, Inc		23,998,650
			TOTAL ENERGY		600,469,689
FOOD & STAPLES RETAILING - 0.9%
	180,271	e	Cia Brasileira de Distribuicao Grupo Pao de Acucar (ADR)		8,041,889
	119,022		CVS Corp		7,318,663
	441,911		Walgreen Co		22,206,028
			TOTAL FOOD & STAPLES RETAILING		37,566,580

28

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES			COMPANY	VALUE
FOOD, BEVERAGE & TOBACCO - 2.0%
	260,078	*,e	Green Mountain Coffee Roasters, Inc	$	20,072,820
	118,745		Groupe Danone		9,404,072
	801,538		Mondelez International, Inc		25,064,093
	82,712	e	Remy Cointreau S.A.		8,565,280
	379,901		SABMiller plc		18,621,123
			TOTAL FOOD, BEVERAGE & TOBACCO		81,727,388
HEALTH CARE EQUIPMENT & SERVICES - 5.2%
	519,046		Abbott Laboratories		19,012,655
	1,032,360	*	Boston Scientific Corp		11,273,371
	673,046	*	Express Scripts Holding Co		44,118,165
	572,779	*	Hologic, Inc		13,002,083
	101,801		Humana, Inc		9,290,359
	637,195		Medtronic, Inc		35,198,652
	631,600	*	Olympus Corp		19,304,190
	765,309		UnitedHealth Group, Inc		55,752,761
	135,278		WellPoint, Inc		11,574,386
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		218,526,622
HOUSEHOLD & PERSONAL PRODUCTS - 3.1%
	739,400		Avon Products, Inc		16,902,684
	170,775		Beiersdorf AG.		15,792,261
	56,190		L’Oreal S.A.		9,419,211
	183,641		Nu Skin Enterprises, Inc (Class A)		15,359,733
	923,760		Procter & Gamble Co		74,177,928
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		131,651,817
INSURANCE - 7.4%
	445,442		ACE Ltd		40,704,490
	247,131		Allstate Corp		12,598,738
	783,893	*	American International Group, Inc		35,674,970
	132,104		Aon plc		8,917,020
	476,447	*	Berkshire Hathaway, Inc (Class B)		55,205,914
	674,354		Hartford Financial Services Group, Inc		20,810,564
	488,750		Marsh & McLennan Cos, Inc		20,463,963
	733,011		Metlife, Inc		35,492,393
	501,280		Principal Financial Group		21,735,501
	280,466		Prudential Financial, Inc		22,148,400
	296,389		Travelers Cos, Inc		24,763,301
	376,933		XL Capital Ltd		11,816,850
			TOTAL INSURANCE		310,332,104
MATERIALS - 3.2%
	145,304		Akzo Nobel NV		8,858,572
	213,947		Ashland, Inc		18,579,158
	307,538		Axiall Corp		13,556,275
	1,143,487	e	Cliffs Natural Resources, Inc		22,309,431
	657,602	*	Constellium NV		11,974,932
	227,782		Dow Chemical Co		7,981,481
	606,000		PolyOne Corp		17,519,460

29

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES			COMPANY	VALUE
	746,622		Sealed Air Corp	$	20,337,983
	90,949	e	Wacker Chemie AG.		8,872,192
	370,866	e	Walter Energy, Inc		4,149,991
			TOTAL MATERIALS		134,139,475
MEDIA - 1.6%
	148,180		Time Warner Cable, Inc		16,902,892
	509,849		Time Warner, Inc		31,743,199
	287,910	*	Tribune Co		18,195,912
			TOTAL MEDIA		66,842,003
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 8.8%
	135,880		Bayer AG.		15,793,995
	1,439,690	*	Biovitrum AB		10,796,128
	250,200		Eli Lilly & Co		13,288,122
	1,021,636		Johnson & Johnson		95,522,966
	112,460	*	Medivation, Inc		6,508,060
	1,726,858		Merck & Co, Inc		83,182,750
	323,015	*	Mylan Laboratories, Inc		10,840,383
	224,388		Novartis AG. (ADR)		16,068,425
	2,238,073		Pfizer, Inc		65,418,874
	687,206		Teva Pharmaceutical Industries Ltd (ADR)		27,282,078
	750,871		Zoetis Inc		22,383,464
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		367,085,245
REAL ESTATE - 3.1%
	1,322,315		Chimera Investment Corp		3,940,499
	507,411	*	Forest City Enterprises, Inc (Class A)		8,889,841
	591,579		Kimco Realty Corp		13,340,106
	266,766		Liberty Property Trust		10,193,129
	380,760		Mack-Cali Realty Corp		9,161,086
	178,111		Potlatch Corp		7,842,227
	475,112	*	Realogy Holdings Corp		21,361,035
	136,279		Simon Property Group, Inc		21,812,817
	180,852		SL Green Realty Corp		16,394,234
	179,351		Starwood Property Trust, Inc		4,555,515
	149,752		Vornado Realty Trust		12,700,467
			TOTAL REAL ESTATE		130,190,956
RETAILING - 2.6%
	162,416		Abercrombie & Fitch Co (Class A)		8,099,686
	698,439		Best Buy Co, Inc		21,016,030
	296,294		Expedia, Inc		13,964,336
	1,144,815	*	Groupon, Inc		10,143,061
	18,105,948	e	Hengdeli Holdings Ltd		4,664,796
	651,379	*,e	JC Penney Co, Inc		9,510,133
	386,011	*	Liberty Media Holding Corp (Interactive A)		9,441,829
	2,098,000		Lifestyle International Holdings Ltd		4,990,441
	1,507,943		Staples, Inc		25,665,190
			TOTAL RETAILING		107,495,502

30

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES			COMPANY	VALUE
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.1%
	388,870		Broadcom Corp (Class A)	$	10,721,146
	660,037	*,e	Freescale Semiconductor Holdings Ltd		10,362,581
	865,151	*	International Rectifier Corp		20,858,791
	364,148	*	Lam Research Corp		17,923,364
	2,755,538	*	ON Semiconductor Corp		22,705,633
	1,055,253	*	RF Micro Devices, Inc		5,476,763
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		88,048,278
SOFTWARE & SERVICES - 2.3%
	210,265	*	Adobe Systems, Inc		9,941,329
	118,982		DST Systems, Inc		8,332,310
	384,422	*	eBay, Inc		19,870,773
	351,408	*	Rackspace Hosting, Inc		15,915,268
	174,114	*	Sina Corp		12,008,643
	160,007	*,e	VistaPrint Ltd		8,157,157
	821,067	*	Yahoo!, Inc		23,063,772
			TOTAL SOFTWARE & SERVICES		97,289,252
TECHNOLOGY HARDWARE & EQUIPMENT - 5.3%
	4,327,152	*	Alcatel-Lucent (ADR)		10,990,966
	108,338		Apple, Inc		49,022,945
	350,501	*	Ciena Corp		7,732,052
	3,304,267		Cisco Systems, Inc		84,424,022
	470,088		Corning, Inc		7,140,637
	411,910		EMC Corp		10,771,446
	1,166,164		Hewlett-Packard Co		29,947,091
	580,468	*	JDS Uniphase Corp		8,515,466
	605,846	*	Juniper Networks, Inc		13,128,683
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		221,673,308
TELECOMMUNICATION SERVICES - 2.9%
	3,131,612		AT&T, Inc		110,451,955
	568,679	*,e	Level 3 Communications, Inc		12,539,372
			TOTAL TELECOMMUNICATION SERVICES		122,991,327
TRANSPORTATION - 2.2%
	6,686,000	e	Air China Ltd		4,522,343
	428,107		Con-Way, Inc		17,745,035
	333,760		FedEx Corp		35,378,560
	769,258	*	Hertz Global Holdings, Inc		19,700,697
	309,853	*	UAL Corp		10,798,377
	368,835		UTI Worldwide, Inc		6,085,778
			TOTAL TRANSPORTATION		94,230,790
UTILITIES - 4.6%
	926,710	*	Calpine Corp		18,543,467
	910,108		Centerpoint Energy, Inc		22,588,881
	328,940		Consolidated Edison, Inc		19,703,506

31

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES		COMPANY	RATE			MATURITY DATE	VALUE
	321,261	Duke Energy Corp					$	22,809,531
	243,058	Edison International						12,116,441
	374,641	Entergy Corp						25,288,268
	473,555	Exelon Corp						14,486,047
	217,755	FirstEnergy Corp						8,289,933
	359,332	MDU Resources Group, Inc						10,075,669
	124,517	NextEra Energy, Inc						10,784,417
	251,757	NRG Energy, Inc						6,752,123
	259,140	PG&E Corp						11,891,935
	130,603	Sempra Energy						11,444,741
		TOTAL UTILITIES						194,774,959
		TOTAL COMMON STOCKS						4,136,391,571
		(Cost $3,431,718,692)
PRINCIPAL		ISSUER
SHORT-TERM INVESTMENTS - 4.4%
TREASURY DEBT - 1.2%
$	30,000,000	United States Treasury Bill		0.025	%	08/01/13		30,000,000
	9,900,000	United States Treasury Bill		0.088		09/05/13		9,899,158
	8,500,000	United States Treasury Bill		0.045		09/19/13		8,499,479
								48,398,637

SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 3.2%
	136,301,086	a,c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		136,301,086
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		136,301,086
			TOTAL SHORT-TERM INVESTMENTS		184,699,723
			(Cost $184,699,723)
			TOTAL INVESTMENTS - 103.1%		4,321,091,294
			(Cost $3,616,418,415)
			OTHER ASSETS & LIABILITIES, NET - (3.1)%		(128,928,860	)
			NET ASSETS - 100.0%	$	4,192,162,434

	Abbreviation(s):
	ADR    American Depositary Receipt
*	Non-income producing.
a	Affiliated holding.
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $131,939,798.

32

TIAA-CREF FUNDS - Mid-Cap Growth Fund

TIAA-CREF FUNDS
MID-CAP GROWTH FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.3%
AUTOMOBILES & COMPONENTS - 2.2%
	355,633		Delphi Automotive plc	$	19,104,605
	316,277		Harley-Davidson, Inc		17,955,045
			TOTAL AUTOMOBILES & COMPONENTS		37,059,650
CAPITAL GOODS - 12.2%
	344,306		Ametek, Inc		15,934,482
	208,264		Chicago Bridge & Iron Co NV		12,408,369
	103,240		Crane Co		6,287,316
	212,811		Flowserve Corp		12,062,128
	287,333		Fortune Brands Home & Security, Inc		11,869,726
	286,434		Ingersoll-Rand plc		17,486,796
	331,819		KBR, Inc		10,379,298
	731,065		Manitowoc Co, Inc		15,008,764
	34,726	*	Middleby Corp		6,213,870
	417,513	*	MRC Global, Inc		11,197,699
	142,196		Parker Hannifin Corp		14,686,003
	148,712		Rockwell Automation, Inc		14,402,757
	202,233		Rockwell Collins, Inc		14,392,922
	177,258		Roper Industries, Inc		22,327,418
	104,099		Timken Co		6,081,464
	68,107		W.W. Grainger, Inc		17,853,569
			TOTAL CAPITAL GOODS		208,592,581
COMMERCIAL & PROFESSIONAL SERVICES - 1.4%
	115,650	*	Stericycle, Inc		13,408,461
	174,147	*	Verisk Analytics, Inc		11,208,101
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		24,616,562
CONSUMER DURABLES & APPAREL - 7.6%
	150,037	*,e	Deckers Outdoor Corp		8,226,529
	410,552	*	Jarden Corp		18,667,799
	229,424	*	Michael Kors Holdings Ltd		15,449,412
	7,430	*	NVR, Inc		6,877,208
	126,901		Phillips-Van Heusen Corp		16,724,283
	138,064		Polaris Industries, Inc		15,482,497
	872,284	*	Pulte Homes, Inc		14,506,083
	647,689	*	TRI Pointe Homes, Inc		9,773,627
	183,828		Tupperware Corp		15,493,024
	66,792	d	Whirlpool Corp		8,946,120
			TOTAL CONSUMER DURABLES & APPAREL		130,146,582
CONSUMER SERVICES - 2.0%
	241,028	*	Chuy’s Holdings, Inc		8,505,878
	337,396	*	Del Frisco’s Restaurant Group, Inc		7,098,812

33

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	VALUE
	22,261	*	Panera Bread Co (Class A)	$	3,718,700
	128,828	*	Penn National Gaming, Inc		6,440,112
	133,356		Starwood Hotels & Resorts Worldwide, Inc		8,821,499
			TOTAL CONSUMER SERVICES		34,585,001
DIVERSIFIED FINANCIALS - 5.3%
	78,836	*	Affiliated Managers Group, Inc		14,218,073
	26,353	*	IntercontinentalExchange, Inc		4,808,105
	461,486	e	iShares Russell Midcap Growth Index Fund		35,137,544
	329,313		Lazard Ltd (Class A)		11,973,821
	129,173		Moody’s Corp		8,754,054
	78,391	*	Portfolio Recovery Associates, Inc		11,704,560
	90,000		Raymond James Financial, Inc		3,966,300
			TOTAL DIVERSIFIED FINANCIALS		90,562,457
ENERGY - 6.6%
	171,129		Cabot Oil & Gas Corp		12,975,001
	544,431	*	Cheniere Energy, Inc		15,554,394
	339,367	*	Cobalt International Energy, Inc		9,790,738
	122,331	*	Concho Resources, Inc		10,971,867
	239,297	e	Crescent Point Energy Corp		9,074,694
	542,972	*	Denbury Resources, Inc		9,502,010
	200,195	*	FMC Technologies, Inc		10,670,393
	152,000		Oceaneering International, Inc		12,325,680
	28,368		Pioneer Natural Resources Co		4,390,232
	209,562		Range Resources Corp		16,576,354
			TOTAL ENERGY		111,831,363
FOOD & STAPLES RETAILING - 0.8%
	239,960		Whole Foods Market, Inc		13,336,977
			TOTAL FOOD & STAPLES RETAILING		13,336,977
FOOD, BEVERAGE & TOBACCO - 3.2%
	101,677	*,e	Green Mountain Coffee Roasters, Inc		7,847,431
	188,769		Hershey Co		17,908,515
	162,641		Ingredion, Inc		10,929,475
	111,895		Remy Cointreau S.A.		11,587,338
	296,943	*	WhiteWave Foods Co (Class B)		5,487,507
			TOTAL FOOD, BEVERAGE & TOBACCO		53,760,266
HEALTH CARE EQUIPMENT & SERVICES - 4.6%
	359,441	*	Acadia Healthcare Co, Inc		13,252,590
	422,693	*	Catamaran Corp		22,318,190
	202,258	*	Cerner Corp		9,910,642
	73,182	*	DaVita, Inc		8,519,117
	79,000	*	Pediatrix Medical Group, Inc		7,696,180
	243,168	*	Sirona Dental Systems, Inc		17,167,661
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		78,864,380

34

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	VALUE
HOUSEHOLD & PERSONAL PRODUCTS - 1.7%
	250,172		Church & Dwight Co, Inc	$	15,935,956
	165,546	d	Nu Skin Enterprises, Inc (Class A)		13,846,268
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		29,782,224
INSURANCE - 0.8%
	371,996		Validus Holdings Ltd		13,179,818
			TOTAL INSURANCE		13,179,818
MATERIALS - 3.5%
	113,757		Ashland, Inc		9,878,658
	270,757		Axiall Corp		11,934,969
	613,935	*	Calgon Carbon Corp		11,007,854
	115,646		Ecolab, Inc		10,655,622
	94,135		Sherwin-Williams Co		16,395,493
			TOTAL MATERIALS		59,872,596
MEDIA - 3.0%
	178,043	*	Discovery Communications, Inc (Class A)		14,193,588
	192,710	*	Liberty Global plc (Class A)		15,632,635
	191,526		McGraw-Hill Cos, Inc		11,847,798
	2,748,565	e	Sirius XM Radio, Inc		10,252,148
			TOTAL MEDIA		51,926,169
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 10.5%
	116,121	*	Actavis, Inc		15,591,567
	239,913		Agilent Technologies, Inc		10,731,309
	235,930	*	Alexion Pharmaceuticals, Inc		27,422,144
	97,211	*	Alkermes plc		3,264,345
	234,233	*	BioMarin Pharmaceuticals, Inc		15,143,163
	84,566	*,e	Illumina, Inc		6,750,058
	146,501	*	Medivation, Inc		8,478,013
	356,788	*	Mylan Laboratories, Inc		11,973,805
	81,568	*	Onyx Pharmaceuticals, Inc		10,709,878
	91,084		Perrigo Co		11,329,939
	39,548	*,d	Regeneron Pharmaceuticals, Inc		10,680,333
	122,880	*	Salix Pharmaceuticals Ltd		9,080,832
	247,393	*,e	Theravance, Inc		9,539,474
	146,551	*	Vertex Pharmaceuticals, Inc		11,694,770
	591,717		Zoetis Inc		17,639,084
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		180,028,714
REAL ESTATE - 0.7%
	269,399	*	Realogy Holdings Corp		12,112,179
			TOTAL REAL ESTATE		12,112,179
RETAILING - 9.6%
	27,419	*	Autozone, Inc		12,299,615
	159,993	*	Bed Bath & Beyond, Inc		12,234,665
	220,801	*	Carmax, Inc		10,828,081

35

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	VALUE
	172,831	*,e	Conn’s, Inc	$	11,168,339
	270,810		Dick’s Sporting Goods, Inc		13,922,342
	161,575	*	Dollar Tree, Inc		8,668,499
	129,072		Expedia, Inc		6,083,163
	219,933		Gap, Inc		10,094,925
	241,775		GNC Holdings, Inc		12,760,884
	597,915	*	Groupon, Inc		5,297,527
	246,732	*	HomeAway, Inc		7,429,101
	36,202	*	NetFlix, Inc		8,841,252
	152,839	*	O’Reilly Automotive, Inc		19,144,613
	86,782		Tractor Supply Co		10,511,904
	149,104		Ulta Salon Cosmetics & Fragrance, Inc		15,044,594
			TOTAL RETAILING		164,329,504
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.6%
	411,220		Avago Technologies Ltd		15,083,550
	296,298	*	Cavium Networks, Inc		10,832,655
	237,878	*	Lam Research Corp		11,708,355
	225,589	*	NXP Semiconductors NV		7,365,481
	354,895		Xilinx, Inc		16,570,047
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		61,560,088
SOFTWARE & SERVICES - 9.2%
	72,921	*,e	Alliance Data Systems Corp		14,422,316
	300,702	*,e	Angie’s List, Inc		6,621,458
	308,259	*	Aspen Technology, Inc		10,030,748
	107,247	*	Commvault Systems, Inc		9,054,864
	42,484	*	Equinix, Inc		7,619,505
	194,155		Intuit, Inc		12,410,388
	235,296	*,e	Jive Software, Inc		3,157,672
	87,080	*	LinkedIn Corp		17,746,033
	306,490	*	QLIK Technologies, Inc		9,599,267
	111,681	*	ServiceNow, Inc		4,867,058
	122,921	*	Splunk, Inc		6,147,279
	451,566		Symantec Corp		12,047,781
	262,394	*	Teradata Corp		15,512,733
	833,073	*	TiVo, Inc		9,205,457
	488,304	*	Vantiv, Inc		12,739,851
	80,902	*	Workday, Inc		5,524,798
			TOTAL SOFTWARE & SERVICES		156,707,208
TECHNOLOGY HARDWARE & EQUIPMENT - 5.0%
	1,658,018	*	Alcatel-Lucent (ADR)		4,211,366
	137,045		Amphenol Corp (Class A)		10,766,255
	494,802	*	Ciena Corp		10,915,332
	108,355	*	F5 Networks, Inc		9,509,235
	306,865	*	NCR Corp		11,047,140
	428,648		NetApp, Inc		17,626,006
	139,062	*,d,e	Stratasys Ltd		12,327,846
	289,834	*	Trimble Navigation Ltd		8,271,862
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		84,675,042

36

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	RATE		MATURITY DATE	VALUE
TELECOMMUNICATION SERVICES - 2.3%
	318,498	*	Crown Castle International Corp				$	22,374,484
	227,910	*	SBA Communications Corp (Class A)					16,885,852
			TOTAL TELECOMMUNICATION SERVICES					39,260,336
TRANSPORTATION - 2.5%
	582,728	*	Delta Air Lines, Inc					12,371,316
	597,402	*	Hertz Global Holdings, Inc					15,299,465
	194,495		J.B. Hunt Transport Services, Inc					14,573,510
			TOTAL TRANSPORTATION					42,244,291
			TOTAL COMMON STOCKS					1,679,033,988
			(Cost $1,301,428,717)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 5.0%
TREASURY DEBT - 0.4%
$	6,900,000		United States Treasury Bill		0.025%	08/01/13		6,900,000
								6,900,000

SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 4.6%
	78,743,306	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		78,743,306
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		78,743,306
			TOTAL SHORT-TERM INVESTMENTS		85,643,306
			(Cost $85,643,306)
			TOTAL INVESTMENTS - 103.3%		1,764,677,294
			(Cost $1,387,072,023)
			OTHER ASSETS & LIABILITIES, NET - (3.3)%		(57,129,955	)
			NET ASSETS - 100.0%	$	1,707,547,339

	Abbreviation(s):
	ADR    American Depositary Receipt
*	Non-income producing.
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of these securities have been segregated to cover margin requirements on open written options contracts.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $77,018,485.

37

TIAA-CREF FUNDS - Mid-Cap Value Fund

TIAA-CREF FUNDS

MID-CAP VALUE FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.1%
AUTOMOBILES & COMPONENTS - 1.6%
	259,593	e	Autoliv, Inc	$	21,226,920
	320,675		Lear Corp		22,213,157
	147,612		Magna International, Inc - Class A (NY)		11,286,414
	183,243	*	TRW Automotive Holdings Corp		13,433,544
			TOTAL AUTOMOBILES & COMPONENTS		68,160,035
BANKS - 7.7%
	550,000		BankUnited		16,632,000
	1,165,961	*	CIT Group, Inc		58,426,306
	188,332		Comerica, Inc		8,011,643
	78,165	e	Cullen/Frost Bankers, Inc		5,631,007
	2,450,000		Fifth Third Bancorp		47,113,500
	865,310		First Horizon National Corp		10,669,272
	3,640,000		Huntington Bancshares, Inc		31,122,000
	3,120,000		Keycorp		38,344,800
	231,182	e	M&T Bank Corp		27,015,929
	2,799,533		Regions Financial Corp		28,023,325
	770,000		SunTrust Banks, Inc		26,788,300
	5,103,071		Synovus Financial Corp		16,993,226
	616,334		TCF Financial Corp		9,392,930
	260,809	e	Valley National Bancorp		2,699,373
	183,243		Zions Bancorporation		5,431,323
			TOTAL BANKS		332,294,934
CAPITAL GOODS - 8.0%
	207,514	*	Aecom Technology Corp		7,034,725
	100,000		AGCO Corp		5,625,000
	126,601		Armstrong World Industries, Inc		6,340,178
	122,161		Chicago Bridge & Iron Co NV		7,278,352
	330,000		Eaton Corp		22,753,500
	290,000		Exelis, Inc		4,286,200
	244,323		Fortune Brands Home & Security, Inc		10,092,983
	285,033	*	Foster Wheeler AG.		6,111,108
	129,288		Hubbell, Inc (Class B)		13,879,067
	2,512,848		Invensys plc		19,037,329
	447,925		ITT Corp		13,993,177
	783,869		KBR, Inc		24,519,422
	519,187		Masco Corp		10,653,717
	130,000	*	Owens Corning, Inc		5,133,700
	510,000		Paccar, Inc		28,697,700
	61,080		Pall Corp		4,273,157
	405,000		Pentair Ltd		24,737,400
	36,648		Precision Castparts Corp		8,125,595
	175,098		Rockwell Collins, Inc		12,461,725

38

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
	155,000		SPX Corp	$	11,843,550
	236,179		Stanley Works		19,985,467
	274,863	*	Terex Corp		8,102,961
	630,000		Textron, Inc		17,249,400
	117,071		Trinity Industries, Inc		4,609,085
	132,342		Triumph Group, Inc		10,383,553
	274,863	*	WABCO Holdings, Inc		21,730,669
	83,790		Westinghouse Air Brake Technologies Corp		4,864,847
	386,845		Xylem, Inc		9,644,046
			TOTAL CAPITAL GOODS		343,447,613
COMMERCIAL & PROFESSIONAL SERVICES - 0.5%
	195,000		ADT Corp		7,815,600
	460,000		Republic Services, Inc		15,598,600
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		23,414,200
CONSUMER DURABLES & APPAREL - 2.0%
	930,000		DR Horton, Inc		18,693,000
	397,025	*	Jarden Corp		18,052,727
	96,711	*	Mohawk Industries, Inc		11,507,642
	844,950		Newell Rubbermaid, Inc		22,830,549
	17,102	*	NVR, Inc		15,829,611
			TOTAL CONSUMER DURABLES & APPAREL		86,913,529
CONSUMER SERVICES - 0.9%
	1,374,317	*	Denny’s Corp		7,819,864
	325,765		Interval Leisure Group, Inc		7,007,205
	325,765	*	Penn National Gaming, Inc		16,284,992
	101,546		Starwood Hotels & Resorts Worldwide, Inc		6,717,268
			TOTAL CONSUMER SERVICES		37,829,329
DIVERSIFIED FINANCIALS - 3.1%
	529,367		Ameriprise Financial, Inc		47,113,663
	570,087		Blackstone Group LP		12,855,462
	210,000		Discover Financial Services		10,397,100
	1,250,000	*	E*Trade Financial Corp		18,625,000
	1,160,000		KKR Financial Holdings LLC		12,261,200
	286,465		Lazard Ltd (Class A)		10,415,867
	453,015		Raymond James Financial, Inc		19,964,371
			TOTAL DIVERSIFIED FINANCIALS		131,632,663
ENERGY - 8.0%
	402,115		Anadarko Petroleum Corp		35,595,220
	671,888		Baker Hughes, Inc		31,867,648
	223,963		Cabot Oil & Gas Corp		16,980,875
	345,000	*	Cameron International Corp		20,458,500
	435,507		Capital Product Partners LP		4,159,092
	95,000	*	Concho Resources, Inc		8,520,550
	542,092		Consol Energy, Inc		16,821,115
	142,522	*	Dril-Quip, Inc		12,956,675
	132,342		Ensco plc		7,588,490

39

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
	300,000		Equitable Resources, Inc	$	25,950,000
	794,049	*	Kodiak Oil & Gas Corp		7,710,216
	432,655	*	Laredo Petroleum Holdings, Inc		9,479,471
	110,000		Marathon Petroleum Corp		8,066,300
	708,965	*	McDermott International, Inc		6,132,547
	586,375		Noble Energy, Inc		36,642,574
	235,000		Oceaneering International, Inc		19,056,150
	64,135		Pioneer Natural Resources Co		9,925,532
	315,584		Questar Market Resources, Inc		9,622,156
	473,376	*	Rowan Cos plc		16,260,466
	280,000		Tesoro Corp		15,918,000
	240,000		Valero Energy Corp		8,584,800
	783,869	*	Weatherford International Ltd		10,942,811
	190,000		Williams Cos, Inc		6,492,300
			TOTAL ENERGY		345,731,488
FOOD & STAPLES RETAILING - 0.4%
	277,554		Kroger Co		10,899,546
	1,832,421	*	Rite Aid Corp		5,497,263
			TOTAL FOOD & STAPLES RETAILING		16,396,809
FOOD, BEVERAGE & TOBACCO - 3.4%
	450,000		ConAgra Foods, Inc		16,294,500
	587,428	*	D.E Master Blenders 1753 NV		9,690,411
	458,105	*	Dean Foods Co		4,993,344
	81,441	*,e	Green Mountain Coffee Roasters, Inc		6,285,616
	402,115		Ingredion, Inc		27,022,128
	91,621		Lorillard, Inc		3,896,641
	167,006		Pinnacle Foods, Inc		4,253,643
	240,000		Reynolds American, Inc		11,863,200
	145,000		Sanderson Farms, Inc		10,242,800
	570,000	*	Smithfield Foods, Inc		18,924,000
	1,220,000		Tyson Foods, Inc (Class A)		33,696,400
			TOTAL FOOD, BEVERAGE & TOBACCO		147,162,683
HEALTH CARE EQUIPMENT & SERVICES - 6.3%
	687,158	*	Allscripts Healthcare Solutions, Inc		10,863,968
	2,595,931	*	Boston Scientific Corp		28,347,567
	605,000		Cardinal Health, Inc		30,304,450
	773,690	*	CareFusion Corp		29,841,223
	435,200		Cigna Corp		33,871,616
	270,000	*	Healthsouth Corp		8,791,200
	890,760	*	Hologic, Inc		20,220,252
	264,682		Humana, Inc		24,154,879
	468,286		Omnicare, Inc		24,720,818
	230,000	*	Tenet Healthcare Corp		10,269,500
	260,000		Universal Health Services, Inc (Class B)		18,187,000
	376,665		Zimmer Holdings, Inc		31,443,994
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		271,016,467

40

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
HOUSEHOLD & PERSONAL PRODUCTS - 0.1%
	308,409	*	Coty, Inc	$	5,301,551
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		5,301,551
INSURANCE - 7.9%
	279,953		ACE Ltd		25,582,105
	605,717		Aon plc		40,885,898
	285,043	*	Arch Capital Group Ltd		15,435,078
	158,747		Aspen Insurance Holdings Ltd		5,951,425
	305,404		Assurant, Inc		16,540,681
	147,612		Axis Capital Holdings Ltd		6,429,979
	86,531		Cincinnati Financial Corp		4,240,019
	134,151		Everest Re Group Ltd		17,913,183
	115,147		Hanover Insurance Group, Inc		6,198,363
	1,200,000		Hartford Financial Services Group, Inc		37,032,000
	14,935	*	Markel Corp		7,915,550
	758,419		Marsh & McLennan Cos, Inc		31,755,004
	249,413		PartnerRe Ltd		22,332,440
	432,655		Principal Financial Group		18,759,921
	356,304		Progressive Corp		9,267,467
	279,953		RenaissanceRe Holdings Ltd		24,347,512
	390,204		UnumProvident Corp		12,346,055
	285,043		Validus Holdings Ltd		10,099,073
	895,850		XL Capital Ltd		28,084,897
			TOTAL INSURANCE		341,116,650
MATERIALS - 5.5%
	132,342		Albemarle Corp		8,206,527
	320,675		Ashland, Inc		27,847,417
	140,000		Axiall Corp		6,171,200
	54,000		Celanese Corp (Series A)		2,595,240
	590,000	e	Cliffs Natural Resources, Inc		11,510,900
	330,000	*	Crown Holdings, Inc		14,463,900
	239,233		Cytec Industries, Inc		18,636,251
	167,000		Eastman Chemical Co		13,431,810
	447,925		MeadWestvaco Corp		16,550,829
	570,000		Nucor Corp		26,664,600
	356,304	*	Owens-Illinois, Inc		10,600,044
	155,000		Schweitzer-Mauduit International, Inc		8,391,700
	150,000		Sealed Air Corp		4,086,000
	292,101	*,e	Stillwater Mining Co		3,534,422
	565,000	e	United States Steel Corp		9,802,750
	147,612		Westlake Chemical Corp		15,354,600
	493,735	*	WR Grace & Co		37,928,723
			TOTAL MATERIALS		235,776,913
MEDIA - 2.5%
	230,000		Cablevision Systems Corp (Class A)		4,298,700
	120,000		CBS Corp (Class B)		6,340,800

41

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
	970,000		DISH Network Corp (Class A)	$	43,310,500
	1,580,000		Interpublic Group of Cos, Inc		25,991,000
	203,602	*	Madison Square Garden, Inc		12,006,410
	279,953	*	Tribune Co		17,693,029
			TOTAL MEDIA		109,640,439
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.8%
	40,720	*	Actavis, Inc		5,467,475
	285,043		Agilent Technologies, Inc		12,749,973
	618,418	*	Biovitrum AB		4,637,470
	223,963	*	Bruker BioSciences Corp		4,013,417
	203,602		Lonza Group AG.		15,671,013
	458,105	*	Mylan Laboratories, Inc		15,374,004
	335,944		PerkinElmer, Inc		11,452,331
	117,071	e	Questcor Pharmaceuticals, Inc		7,822,684
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		77,188,367
REAL ESTATE - 10.3%
	356,304		American Assets Trust, Inc		11,544,250
	470,000		American Capital Agency Corp		10,589,100
	560,000		Annaly Capital Management, Inc		6,675,200
	215,000		AvalonBay Communities, Inc		29,098,100
	287,000		Boston Properties, Inc		30,694,650
	3,848,667		Chimera Investment Corp		11,469,028
	276,445	*	Forestar Real Estate Group, Inc		5,973,977
	1,099,173		General Growth Properties, Inc		22,796,848
	1,445,577		Host Marriott Corp		25,818,005
	381,755		Kilroy Realty Corp		19,981,057
	768,600		Kimco Realty Corp		17,331,930
	254,503		Macerich Co		15,791,911
	559,906		Mack-Cali Realty Corp		13,471,338
	1,823,052		MFA Mortgage Investments, Inc		14,547,955
	510,000		Pennsylvania Real Estate Investment Trust		10,557,000
	128,562		Plum Creek Timber Co, Inc		6,271,254
	940,000		Prologis, Inc		36,058,400
	101,802		Rayonier, Inc		5,949,309
	178,153		Regency Centers Corp		9,394,008
	303,368		SL Green Realty Corp		27,500,309
	430,000		Starwood Property Trust, Inc		10,922,000
	235,000		Tanger Factory Outlet Centers, Inc		7,621,050
	104,855		Taubman Centers, Inc		7,677,483
	941,910		Two Harbors Investment Corp		9,447,357
	268,000		Ventas, Inc		17,618,320
	453,015		Vornado Realty Trust		38,420,202
	640,000		Weingarten Realty Investors		20,044,800
			TOTAL REAL ESTATE		443,264,841
RETAILING - 3.8%
	295,223		Abercrombie & Fitch Co (Class A)		14,722,771
	211,079		American Eagle Outfitters, Inc		4,145,591

42

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
	300,000	*	Ann Taylor Stores Corp	$	10,167,000
	529,367		Best Buy Co, Inc		15,928,653
	234,143		Foot Locker, Inc		8,459,587
	1,230,000	*	Liberty Media Holding Corp (Interactive A)		30,085,800
	646,437		Macy’s, Inc		31,248,765
	788,959	e	OfficeMax, Inc		8,986,243
	183,243		Signet Jewelers Ltd		13,396,896
	1,476,117		Staples, Inc		25,123,511
			TOTAL RETAILING		162,264,817
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.8%
	198,512		Analog Devices, Inc		9,798,552
	1,075,000		Applied Materials, Inc		17,533,250
	478,466		Avago Technologies Ltd		17,550,133
	1,450,000	*	Fairchild Semiconductor International, Inc		18,299,000
	475,000	*,e	Freescale Semiconductor Holdings Ltd		7,457,500
	380,000	*	Lam Research Corp		18,703,600
	1,527,018		Marvell Technology Group Ltd		19,805,423
	1,883,322	*	Micron Technology, Inc		24,954,017
	885,670		Nvidia Corp		12,780,218
	1,240,000	*	ON Semiconductor Corp		10,217,600
	351,214	*,e	Teradyne, Inc		5,791,519
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		162,890,812
SOFTWARE & SERVICES - 2.6%
	45,000	*,e	Alliance Data Systems Corp		8,900,100
	651,527		CA, Inc		19,376,413
	1,119,814		Earthlink, Inc		7,021,233
	1,404,857		Symantec Corp		37,481,585
	1,200,000		Western Union Co		21,552,000
	615,898	*	Yahoo!, Inc		17,300,575
			TOTAL SOFTWARE & SERVICES		111,631,906
TECHNOLOGY HARDWARE & EQUIPMENT - 4.2%
	434,386	*	Arrow Electronics, Inc		19,829,721
	1,018,012	*	Brocade Communications Systems, Inc		6,779,960
	295,000	*	Ciena Corp		6,507,700
	1,450,000	*	JDS Uniphase Corp		21,271,500
	1,300,000	*	Juniper Networks, Inc		28,171,000
	410,000		NetApp, Inc		16,859,200
	401,921	*	SanDisk Corp		22,153,886
	534,457		Tyco Electronics Ltd		27,278,685
	3,500,000		Xerox Corp		33,950,000
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		182,801,652
TELECOMMUNICATION SERVICES - 0.4%
	320,675		Telephone & Data Systems, Inc		8,501,094
	356,304	*	tw telecom inc (Class A)		10,610,733
			TOTAL TELECOMMUNICATION SERVICES		19,111,827

43

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	RATE			MATURITY DATE	VALUE
TRANSPORTATION - 2.0%
	274,863	*	Alaska Air Group, Inc					$	16,813,370
	232,946		Costamare, Inc						4,099,850
	407,205		CSX Corp						10,102,756
	870,000	*	Delta Air Lines, Inc						18,470,100
	447,925	*	Hertz Global Holdings, Inc						11,471,359
	101,802		Kansas City Southern Industries, Inc						10,969,165
	437,745	*	UAL Corp						15,255,413
			TOTAL TRANSPORTATION						87,182,013
UTILITIES - 11.3%
	359,000		American Water Works Co, Inc						15,322,120
	671,888	*	Calpine Corp						13,444,479
	1,401,803		Centerpoint Energy, Inc						34,792,751
	884,000		CMS Energy Corp						24,743,160
	470,000		DTE Energy Co						33,229,000
	794,060		Edison International						39,583,891
	87,000		Entergy Corp						5,872,500
	167,972		National Fuel Gas Co						10,889,625
	775,057		NiSource, Inc						23,809,751
	335,159		Northeast Utilities						14,884,411
	381,755		NorthWestern Corp						16,110,061
	610,807		NRG Energy, Inc						16,381,844
	476,020		NV Energy, Inc						11,248,352
	730,000		OGE Energy Corp						27,302,000
	100,000		Oneok, Inc						5,295,000
	311,593		PG&E Corp						14,299,003
	1,180,000		PPL Corp						37,488,600
	1,020,000		Public Service Enterprise Group, Inc						34,465,800
	366,484		Questar Corp						8,744,308
	555,000		Sempra Energy						48,634,650
	310,000		UIL Holdings Corp						12,660,400
	1,240,000		Xcel Energy, Inc						37,138,000
			TOTAL UTILITIES						486,339,706
			TOTAL COMMON STOCKS						4,228,511,244
			(Cost $3,188,156,372)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 4.1%
TREASURY DEBT - 2.1%
$	86,000,000		United States Treasury Bill	0.020-0.025		%	08/01/13		86,000,000
	3,800,000		United States Treasury Bill		0.088		09/05/13		3,799,677
									89,799,677

44

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 2.0%
	86,580,542	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	86,580,542
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		86,580,542
			TOTAL SHORT-TERM INVESTMENTS		176,380,219
			(Cost $176,380,219)
			TOTAL INVESTMENTS - 102.2%		4,404,891,463
			(Cost $3,364,536,591)
			OTHER ASSETS & LIABILITIES, NET - (2.2)%		(93,459,448	)
			NET ASSETS - 100.0%	$	4,311,432,015

*	Non-income producing.
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $86,534,493.

45

TIAA-CREF FUNDS - Small-Cap Equity Fund

TIAA-CREF FUNDS

SMALL-CAP EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.8%
AUTOMOBILES & COMPONENTS - 1.5%
	581,751		Dana Holding Corp	$	12,711,259
	33,180		Lear Corp		2,298,379
	124,320		Superior Industries International, Inc		2,263,867
	287,574	*	Tenneco, Inc		13,898,452
			TOTAL AUTOMOBILES & COMPONENTS		31,171,957
BANKS - 8.9%
	332,734		Brookline Bancorp, Inc		3,280,757
	221,138		Capitol Federal Financial		2,788,550
	283,005		Columbia Banking System, Inc		7,069,465
	149,603		Community Bank System, Inc		5,017,685
	324,200		CVB Financial Corp		4,243,778
	893,311		FirstMerit Corp		20,028,033
	589,301		Home Loan Servicing Solutions Ltd		14,750,204
	717,562		National Penn Bancshares, Inc		7,742,494
	158,840	*	Ocwen Financial Corp		7,563,961
	196,912		Old National Bancorp		2,837,502
	328,614		Oritani Financial Corp		5,343,264
	272,500		PrivateBancorp, Inc		6,428,275
	278,993		Prosperity Bancshares, Inc		16,466,167
	396,537		Provident Financial Services, Inc		7,054,393
	690,970	e	Radian Group, Inc		9,708,128
	1,161,318		Susquehanna Bancshares, Inc		15,445,529
	190,194	*	SVB Financial Group		16,588,721
	156,390		UMB Financial Corp		9,352,122
	857,558		Umpqua Holdings Corp		14,441,277
	232,380		Webster Financial Corp		6,330,031
	180,810		Wintrust Financial Corp		7,396,937
			TOTAL BANKS		189,877,273
CAPITAL GOODS - 8.8%
	156,030		Acuity Brands, Inc		13,496,595
	176,300		Alliant Techsystems, Inc		16,413,530
	45,269		Ampco-Pittsburgh Corp		870,976
	261,300		Applied Industrial Technologies, Inc		13,629,408
	155,852		Brady Corp (Class A)		5,185,196
	135,576		Crane Co		8,256,578
	71,590		Cubic Corp		3,618,874
	223,089		Curtiss-Wright Corp		9,066,337
	25,458	*	DXP Enterprises, Inc		1,756,602
	206,593		EnerSys		10,932,902
	436,338	*	Federal Signal Corp		4,232,479
	93,652		Franklin Electric Co, Inc		3,489,473
	46,580		Graco, Inc		3,250,352

46

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	158,144		Granite Construction, Inc	$	4,783,856
	30,430	*	Hexcel Corp		1,071,440
	97,851		Kadant, Inc		3,203,642
	101,510		LB Foster Co (Class A)		4,718,185
	94,500		Lindsay Manufacturing Co		7,096,950
	49,879	*	Middleby Corp		8,925,348
	102,120	*	Moog, Inc (Class A)		5,743,229
	140,200		Mueller Industries, Inc		7,695,578
	228,603	*	NCI Building Systems, Inc		3,241,591
	312,054		Pike Electric Corp		3,810,179
	126,403	*,e	Proto Labs, Inc		8,553,691
	172,500	*	Teledyne Technologies, Inc		13,829,325
	187,500	*	Trex Co, Inc		8,876,250
	160,470	*	WABCO Holdings, Inc		12,686,758
			TOTAL CAPITAL GOODS		188,435,324
COMMERCIAL & PROFESSIONAL SERVICES - 3.3%
	219,514	*	Advisory Board Co		12,883,276
	111,179		Corporate Executive Board Co		7,496,800
	72,393		Exponent, Inc		4,786,625
	99,717		Healthcare Services Group		2,454,035
	319,650	*	Korn/Ferry International		6,242,765
	294,326		Rollins, Inc		7,505,313
	480,401	*	RPX Corp		8,378,194
	353,013	*	TrueBlue, Inc		9,425,447
	172,418		Viad Corp		4,146,653
	195,368	*	WageWorks, Inc		6,597,577
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		69,916,685
CONSUMER DURABLES & APPAREL - 2.8%
	390,679	*,e	Beazer Homes USA, Inc		6,715,772
	168,890		Brunswick Corp		6,375,598
	533,133	*	CROCS, Inc		7,287,928
	249,332		Harman International Industries, Inc		15,092,066
	223,300	*	iRobot Corp		7,806,568
	649,900	*,e	Standard-Pacific Corp		5,316,182
	125,800	*	Steven Madden Ltd		6,468,636
	192,900	*	Tumi Holdings, Inc		4,614,168
			TOTAL CONSUMER DURABLES & APPAREL		59,676,918
CONSUMER SERVICES - 3.9%
	123,497	*,e	Boyd Gaming Corp		1,643,745
	468,900		Hillenbrand, Inc		11,624,031
	175,344	*	Hyatt Hotels Corp		7,934,316
	133,504		International Game Technology		2,465,819
	465,386	*	Krispy Kreme Doughnuts, Inc		9,782,414
	75,190	*	Marriott Vacations Worldwide Corp		3,308,360

47

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	472,100	*	MGM Mirage	$	7,699,951
	248,700	*	Multimedia Games, Inc		8,702,013
	672,600	*	Orient-Express Hotels Ltd (Class A)		8,414,226
	63,682	*	Papa John’s International, Inc		4,257,779
	474,093		Service Corp International		8,993,544
	400,790	*	SHFL Entertainment, Inc		9,117,972
			TOTAL CONSUMER SERVICES		83,944,170
DIVERSIFIED FINANCIALS - 3.4%
	158,716	e	Cohen & Steers, Inc		5,455,069
	127,700	e	Financial Engines, Inc		6,096,398
	303,118		Friedman Billings Ramsey Group, Inc (Class A)		7,662,823
	23,200	e	iShares Russell 2000 Index Fund		2,405,144
	291,350		MarketAxess Holdings, Inc		15,062,795
	77,100	*	Portfolio Recovery Associates, Inc		11,511,801
	309,460	e	Prospect Capital Corp		3,388,587
	303,452		Solar Capital Ltd		6,685,048
	176,070		TCP Capital Corp		2,797,752
	891,180	*	WisdomTree Investments, Inc		11,540,781
			TOTAL DIVERSIFIED FINANCIALS		72,606,198
ENERGY - 5.8%
	255,443		Alon USA Energy, Inc		3,489,351
	771,800	e	Arch Coal, Inc		3,010,020
	227,522		Bristow Group, Inc		15,473,771
	114,700		Cimarex Energy Co		8,766,521
	255,070		Comstock Resources, Inc		4,277,524
	254,002		Delek US Holdings, Inc		7,683,560
	153,113		Energy XXI Bermuda Ltd		4,111,084
	1,846,717	*,e	Penn Virginia Corp		9,307,454
	374,303	*	Renewable Energy Group, Inc		5,831,641
	177,937	*	Rosetta Resources, Inc		8,115,707
	521,000	e	RPC, Inc		7,460,720
	302,384	*	Stone Energy Corp		7,366,074
	153,600	*,e	Swift Energy Co		1,956,864
	198,462		Targa Resources Investments, Inc		13,529,155
	646,729	*	Vaalco Energy, Inc		4,009,720
	547,267		W&T Offshore, Inc		8,914,979
	194,500	e	Western Refining, Inc		5,860,285
	605,500	*	Willbros Group, Inc		4,347,490
			TOTAL ENERGY		123,511,920
FOOD & STAPLES RETAILING - 0.9%
	5,764,030	*	Rite Aid Corp		17,292,090
	45,532		Weis Markets, Inc		2,286,617
			TOTAL FOOD & STAPLES RETAILING		19,578,707

48

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
FOOD, BEVERAGE & TOBACCO - 2.7%
	118,466	*,e	Annie’s, Inc	$	4,893,830
	132,200	*,e	Diamond Foods, Inc		2,695,558
	198,000		Flowers Foods, Inc		4,546,080
	90,963		J&J Snack Foods Corp		7,247,932
	179,740		Lance, Inc		5,688,771
	863,526	*	Pilgrim’s Pride Corp		14,351,802
	252,900		Sanderson Farms, Inc		17,864,856
			TOTAL FOOD, BEVERAGE & TOBACCO		57,288,829
HEALTH CARE EQUIPMENT & SERVICES - 6.7%
	353,910	*,e	Accretive Health, Inc		3,532,022
	175,830	*	Align Technology, Inc		7,567,723
	225,000	*	Amedisys, Inc		2,814,750
	323,856	*	AMN Healthcare Services, Inc		4,786,592
	60,113		Analogic Corp		4,291,467
	146,018	*	Arthrocare Corp		5,294,613
	152,721		Cantel Medical Corp		4,053,215
	55,000	*	Centene Corp		3,050,850
	114,484		Computer Programs & Systems, Inc		6,381,338
	264,719	*	Cyberonics, Inc		13,762,741
	218,533	*	Cynosure, Inc (Class A)		6,223,820
	63,820	*	HealthStream, Inc		2,010,330
	182,730	*	Kindred Healthcare, Inc		2,806,733
	405,228		Masimo Corp		9,437,760
	193,784	*	Medidata Solutions, Inc		17,930,833
	66,738	*	MWI Veterinary Supply, Inc		9,488,141
	292,500	*	NuVasive, Inc		6,674,850
	243,916	*	Omnicell, Inc		5,146,628
	377,400	*	Team Health Holdings, Inc		15,179,028
	272,844	*	Thoratec Corp		8,946,555
	363,506		Universal American Corp		3,940,405
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		143,320,394
HOUSEHOLD & PERSONAL PRODUCTS - 0.4%
	191,030	*	Medifast, Inc		5,222,760
	43,281	*,e	USANA Health Sciences, Inc		3,575,876
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		8,798,636
INSURANCE - 2.3%
	33,442		Allied World Assurance Co Holdings Ltd		3,165,285
	167,700		American Financial Group, Inc		8,668,413
	747,701		Conseco, Inc		10,677,170
	198,122		Employers Holdings, Inc		5,208,627
	481,871		First American Financial Corp		10,952,928
	143,887		Horace Mann Educators Corp		4,077,758
	131,060		Platinum Underwriters Holdings Ltd		7,613,276
			TOTAL INSURANCE		50,363,457

49

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
MATERIALS - 5.0%
	56,698		Aptargroup, Inc	$	3,310,596
	120,300		Balchem Corp		5,986,128
	305,600	*	Century Aluminum Co		2,563,984
	346,620	*	Coeur d’Alene Mines Corp		4,648,174
	432,500	*	Flotek Industries, Inc		8,468,350
	351,378		Globe Specialty Metals, Inc		4,191,940
	152,900		Kaiser Aluminum Corp		9,976,725
	25,313		Koppers Holdings, Inc		978,348
	245,340		Minerals Technologies, Inc		11,285,640
	99,030		Myers Industries, Inc		1,928,114
	235,599	*	OM Group, Inc		7,272,941
	69,820		Quaker Chemical Corp		4,606,025
	504,229	*,e	Resolute Forest Products		7,694,535
	189,561	*	RTI International Metals, Inc		5,810,045
	275,729		Schnitzer Steel Industries, Inc (Class A)		7,075,206
	215,745		Schweitzer-Mauduit International, Inc		11,680,434
	83,982	*,e	Stillwater Mining Co		1,016,182
	266,457		Worthington Industries, Inc		9,531,167
			TOTAL MATERIALS		108,024,534
MEDIA - 1.9%
	53,715		Arbitron, Inc		2,468,741
	399,577	*	EW Scripps Co (Class A)		6,636,974
	494,100		Interpublic Group of Cos, Inc		8,127,945
	535,861	*	Journal Communications, Inc (Class A)		4,908,487
	976,380	*	Live Nation, Inc		15,993,104
	45,400		Loral Space & Communications, Inc		2,837,046
			TOTAL MEDIA		40,972,297
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 5.6%
	298,500	*	Acorda Therapeutics, Inc		11,334,045
	75,993	*	Alkermes plc		2,551,845
	148,933	*	AMAG Pharmaceuticals, Inc		3,350,992
	839,200	*	Array Biopharma, Inc		5,589,072
	289,900	*	Auxilium Pharmaceuticals, Inc		5,322,564
	236,704	*,e	Cepheid, Inc		8,253,868
	185,700	*,e	Genomic Health, Inc		6,618,348
	168,303	*	Impax Laboratories, Inc		3,490,604
	57,660	*	Jazz Pharmaceuticals plc		4,353,907
	370,223	*	Medicines Co		11,439,891
	37,000	*	Medivation, Inc		2,141,190
	634,241	*,e	Orexigen Therapeutics, Inc		4,820,232
	327,600	*	Parexel International Corp		16,199,820
	57,760	*	Pharmacyclics, Inc		6,274,469
	53,499	e	Questcor Pharmaceuticals, Inc		3,574,803
	541,908	*	Santarus, Inc		13,179,203
	338,600	*	Viropharma, Inc		11,620,752
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		120,115,605

50

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
REAL ESTATE - 8.0%
	309,696		Chesapeake Lodging Trust	$	7,095,135
	197,150		Coresite Realty		6,695,214
	569,000		DuPont Fabros Technology, Inc		13,035,790
	66,045		EastGroup Properties, Inc		4,085,544
	225,402		Equity Lifestyle Properties, Inc		8,675,723
	312,642		Extra Space Storage, Inc		13,146,596
	413,684		Government Properties Income Trust		10,453,795
	181,443		Home Properties, Inc		11,577,878
	179,263		LTC Properties, Inc		6,932,100
	114,686		Medical Properties Trust, Inc		1,674,416
	318,200		Omega Healthcare Investors, Inc		10,128,306
	339,251		Parkway Properties, Inc		5,936,893
	409,611		Pennsylvania Real Estate Investment Trust		8,478,948
	117,308		PS Business Parks, Inc		8,595,157
	934,677		RAIT Investment Trust		7,066,158
	632,307		RLJ Lodging Trust		15,314,476
	80,003		Saul Centers, Inc		3,630,536
	204,904		Sovran Self Storage, Inc		14,158,866
	161,184		Sun Communities, Inc		7,804,529
	555,579	*	Sunstone Hotel Investors, Inc		7,189,192
			TOTAL REAL ESTATE		171,675,252
RETAILING - 4.2%
	106,000		Advance Auto Parts, Inc		8,743,940
	151,830	*	Ann Taylor Stores Corp		5,145,519
	166,300	*	Autonation, Inc		7,965,770
	281,190		Big 5 Sporting Goods Corp		5,699,721
	126,795	*	Children’s Place Retail Stores, Inc		6,852,002
	749,799	*	Christopher & Banks Corp		5,128,625
	667,990	*	Express Parent LLC		15,063,174
	203,550	*,e	Francesca’s Holdings Corp		5,060,253
	91,520	e	GameStop Corp (Class A)		4,489,971
	564,023	*,e	Orbitz Worldwide, Inc		5,194,652
	158,899	*,e	Overstock.com, Inc		5,404,155
	120,000		Penske Auto Group, Inc		4,461,600
	764,700	*,e	RadioShack Corp		2,087,631
	35,290	*	Shutterfly, Inc		1,891,191
	266,810	*	Zumiez, Inc		7,355,952
			TOTAL RETAILING		90,544,156
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.5%
	238,000	*	Advanced Energy Industries, Inc		5,155,080
	136,060	*	ATMI, Inc		3,381,091
	287,928	*	Cavium Networks, Inc		10,526,648
	544,224	*	Entegris, Inc		5,186,455
	1,051,520	*	Entropic Communications, Inc		4,658,234
	927,240	*	Integrated Device Technology, Inc		8,354,432

51

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	709,002	*	Lattice Semiconductor Corp	$	3,658,450
	187,784		MKS Instruments, Inc		5,092,702
	896,617	*	Rambus, Inc		8,742,016
	851,100	*	Silicon Image, Inc		4,876,803
	267,880	*	SunEdison, Inc		2,700,230
	381,493		Tessera Technologies, Inc		7,656,564
	386,837	*	Volterra Semiconductor Corp		5,829,634
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		75,818,339
SOFTWARE & SERVICES - 8.9%
	90,756	*,e	Angie’s List, Inc		1,998,447
	450,779	*	Aspen Technology, Inc		14,668,349
	225,924	*	Commvault Systems, Inc		19,074,763
	244,615	*	Cornerstone OnDemand, Inc		10,772,845
	137,843		DST Systems, Inc		9,653,145
	112,133		Forrester Research, Inc		3,933,626
	205,850	*	Gartner, Inc		12,353,058
	482,612	*	Infoblox, Inc		15,781,412
	11,770	*	LinkedIn Corp		2,398,608
	315,935	*	LogMeIn, Inc		9,389,588
	178,985	*	Manhattan Associates, Inc		15,811,535
	428,652		MAXIMUS, Inc		16,121,602
	139,883	*	PROS Holdings, Inc		4,590,960
	357,610	*	QLIK Technologies, Inc		11,200,345
	108,027	*	Rally Software Development Corp		3,045,281
	213,200	*	Seachange International, Inc		2,511,496
	185,690	*	SYKES Enterprises, Inc		3,260,716
	133,874		Syntel, Inc		9,609,476
	766,904	*	TiVo, Inc		8,474,289
	130,250	*,e	Trulia, Inc		4,853,115
	99,357	*	Virtusa Corp		2,561,424
	286,149	*	WebMD Health Corp (Class A)		9,445,779
			TOTAL SOFTWARE & SERVICES		191,509,859
TECHNOLOGY HARDWARE & EQUIPMENT - 4.9%
	148,379		Adtran, Inc		3,921,657
	119,512	*	Agilysys, Inc		1,385,144
	437,910	*	ARRIS Group, Inc		6,586,166
	275,400	*	Aruba Networks, Inc		4,896,612
	335,126	*	Audience, Inc		4,222,588
	41,146		Belden CDT, Inc		2,411,567
	375,100	*	Brocade Communications Systems, Inc		2,498,166
	565,900	*	Calix Networks, Inc		6,609,712
	254,940	*	Cray, Inc		5,906,960
	260,937	*	Datalink Corp		3,397,400
	37,079	*	Extreme Networks, Inc		160,552
	60,800	*	Finisar Corp		1,175,264

52

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	434,833	*	Immersion Corp	$	6,235,505
	519,878	*,e	InvenSense, Inc		9,191,443
	228,280	*	Ixia		3,173,092
	100,786		Littelfuse, Inc		8,061,872
	161,757	*	Plexus Corp		5,656,642
	138,810	*,e	Procera Networks, Inc		2,071,045
	926,250	*	QLogic Corp		10,198,013
	91,460	*,e	Ruckus Wireless, Inc		1,217,333
	309,312	*	Synaptics, Inc		12,372,480
	128,645	e	Ubiquiti Networks, Inc		2,704,118
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		104,053,331
TELECOMMUNICATION SERVICES - 0.4%
	843,500	*	8x8, Inc		7,642,110
			TOTAL TELECOMMUNICATION SERVICES		7,642,110
TRANSPORTATION - 2.1%
	37,996	*	Alaska Air Group, Inc		2,324,215
	37,378		Amerco, Inc		6,216,709
	150,793		Forward Air Corp		5,514,500
	282,069		Matson, Inc		7,988,194
	312,463	*	Republic Airways Holdings, Inc		4,290,117
	774,500	*	Swift Transportation Co, Inc		13,817,080
	161,190	*,e	YRC Worldwide, Inc		5,199,990
			TOTAL TRANSPORTATION		45,350,805
UTILITIES - 2.9%
	168,980		American States Water Co		10,851,896
	405,703		Avista Corp		11,676,132
	321,400		Black Hills Corp		17,050,270
	51,127		El Paso Electric Co		1,931,067
	292,604		Empire District Electric Co		6,782,561
	177,375	*	Genie Energy Ltd		1,828,736
	70,099		New Jersey Resources Corp		3,137,631
	25,180		NorthWestern Corp		1,062,596
	130,311		Southwest Gas Corp		6,468,638
	33,464		UNS Energy Corp		1,701,644
			TOTAL UTILITIES		62,491,171
			TOTAL COMMON STOCKS		2,116,687,927
			(Cost $1,653,593,097)

53

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
SHORT-TERM INVESTMENTS - 6.7%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 6.7%
	144,187,756	a,c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	144,187,756
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		144,187,756
			TOTAL SHORT-TERM INVESTMENTS		144,187,756
			(Cost $144,187,756)
			TOTAL INVESTMENTS - 105.5%		2,260,875,683
			(Cost $1,797,780,853)
			OTHER ASSETS & LIABILITIES, NET - (5.5)%		(117,363,506	)
			NET ASSETS - 100.0%	$	2,143,512,177

*	Non-income producing.
a	Affiliated holding.
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $142,884,659.

54

TIAA-CREF FUNDS - Social Choice Equity Fund

TIAA-CREF FUNDS

SOCIAL CHOICE EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.1%
AUTOMOBILES & COMPONENTS - 1.7%
	130		Autoliv, Inc	$	10,630
	9,838	*	BorgWarner, Inc		938,841
	3,000		Delphi Automotive plc		161,160
	743,411		Ford Motor Co		12,548,778
	65,373		Harley-Davidson, Inc		3,711,225
	188,844		Johnson Controls, Inc		7,593,417
	8,602	*	Modine Manufacturing Co		94,622
	26,269	*	Tenneco, Inc		1,269,581
	2,340	*	Tesla Motors, Inc		314,215
			TOTAL AUTOMOBILES & COMPONENTS		26,642,469
BANKS - 3.6%
	13,100		Associated Banc-Corp		221,914
	4,424		Astoria Financial Corp		53,973
	6,558		Bank of Hawaii Corp		364,887
	262,806		BB&T Corp		9,379,546
	5,200		Boston Private Financial Holdings, Inc		57,460
	12,500		CapitalSource, Inc		151,250
	1,470		Capitol Federal Financial		18,537
	1,120		Cardinal Financial Corp		18,323
	690		Cathay General Bancorp		16,394
	3,446		Centerstate Banks of Florida, Inc		33,978
	500	*	CIT Group, Inc		25,055
	440		Columbia Banking System, Inc		10,991
	37,430		Comerica, Inc		1,592,272
	242		Commerce Bancshares, Inc		11,043
	797		Community Bank System, Inc		26,731
	2,109		Cullen/Frost Bankers, Inc		151,932
	2,540		East West Bancorp, Inc		78,308
	715		Federal Agricultural Mortgage Corp (Class C)		22,229
	2,880		First Commonwealth Financial Corp		21,629
	1,352		First Interstate Bancsystem, Inc		31,867
	910		First Merchants Corp		17,035
	3,680		First Midwest Bancorp, Inc		56,194
	574		First Niagara Financial Group, Inc		6,136
	16,679	*	Flagstar Bancorp, Inc		273,536
	201		Flushing Financial Corp		3,811
	1,130		FNB Corp		14,283
	540		Glacier Bancorp, Inc		13,144
	1,279		Hancock Holding Co		41,900
	36,850		Huntington Bancshares, Inc		315,068
	450,621		Keycorp		5,538,132
	3,900		Lakeland Bancorp, Inc		43,836
	75,110		M&T Bank Corp		8,777,355

55

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	4,307		MainSource Financial Group, Inc	$	62,279
	5,010	*	MGIC Investment Corp		38,276
	1,360		National Penn Bancshares, Inc		14,674
	310		NBT Bancorp, Inc		6,997
	40,135		New York Community Bancorp, Inc		608,848
	2,082		Northfield Bancorp, Inc		24,401
	3,640		Old National Bancorp		52,452
	1,877		PacWest Bancorp		66,483
	120		Park National Corp		9,468
	2,510		Peoples Bancorp, Inc		56,450
	982		People’s United Financial, Inc		14,730
	510	*	Pinnacle Financial Partners, Inc		14,525
	138,898		PNC Financial Services Group, Inc		10,563,193
	43,931	*	Popular, Inc		1,445,330
	5,210		PrivateBancorp, Inc		122,904
	11,168		Provident Financial Services, Inc		198,679
	207,622		Radian Group, Inc		2,917,089
	1,440	*	Signature Bank		131,832
	997		Susquehanna Bancshares, Inc		13,260
	6,870	*	SVB Financial Group		599,201
	429		TCF Financial Corp		6,538
	870	*	Texas Capital Bancshares, Inc		39,576
	350		Trustmark Corp		9,440
	650		Umpqua Holdings Corp		10,946
	350,654		US Bancorp		13,086,407
	3,230		Webster Financial Corp		87,985
	513		Westamerica Bancorporation		24,619
	1,160	*	Western Alliance Bancorp		20,567
	5,660		Wilshire Bancorp, Inc		49,751
	230		Wintrust Financial Corp		9,409
	5,865		Zions Bancorporation		173,839
			TOTAL BANKS		57,868,897
CAPITAL GOODS - 7.5%
	118,925		3M Co		13,965,363
	5,778		A.O. Smith Corp		238,747
	589		Aceto Corp		9,141
	1,450		Acuity Brands, Inc		125,425
	2,117	*	Aerovironment, Inc		47,865
	137,819		Ametek, Inc		6,378,263
	286		Applied Industrial Technologies, Inc		14,918
	12,937	*	ArvinMeritor, Inc		105,178
	2,565		Astec Industries, Inc		89,775
	29,970		Barnes Group, Inc		989,010
	419	*	Beacon Roofing Supply, Inc		17,091
	2,490		Briggs & Stratton Corp		50,423
	16,964	*	Builders FirstSource, Inc		100,088
	1,630	*	Chart Industries, Inc		185,331
	218		Clarcor, Inc		11,986
	3,420	*	Colfax Corp		181,499
	57,830		Cummins, Inc		7,008,418
	156,622		Danaher Corp		10,546,926

56

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	111,474		Deere & Co	$	9,260,145
	16,301		Dover Corp		1,396,018
	82,054		Eaton Corp		5,657,623
	1,365		EMCOR Group, Inc		56,347
	182,425		Emerson Electric Co		11,195,422
	1,790		EnerSys		94,727
	600	*	Esterline Technologies Corp		48,864
	50,373		Fastenal Co		2,468,781
	1,000		Fluor Corp		62,560
	300		GATX Corp		13,554
	300		Gorman-Rupp Co		10,419
	10,871		Graco, Inc		758,578
	245		Granite Construction, Inc		7,411
	1,410		H&E Equipment Services, Inc		32,204
	910		Heico Corp		51,688
	4,430	*	Hexcel Corp		155,980
	3,902		Houston Wire & Cable Co		57,867
	128,512		Illinois Tool Works, Inc		9,258,004
	35,102		Ingersoll-Rand plc		2,142,977
	500	*	Jacobs Engineering Group, Inc		29,600
	880		Joy Global, Inc		43,560
	246		Kadant, Inc		8,054
	1,785	*	Layne Christensen Co		34,593
	6,290		Lincoln Electric Holdings, Inc		371,362
	115,639		Masco Corp		2,372,912
	149	*	Middleby Corp		26,662
	1,639		MSC Industrial Direct Co (Class A)		132,677
	415	*	MYR Group, Inc		8,964
	34,972		Nordson Corp		2,523,580
	42,984	*	Owens Corning, Inc		1,697,438
	73,742		Paccar, Inc		4,149,462
	10,326		Pall Corp		722,407
	8,462		Parker Hannifin Corp		873,955
	32,920		Pentair Ltd		2,010,754
	2,753		Pike Electric Corp		33,614
	10,719	*	Polypore International, Inc		450,091
	44,778		Precision Castparts Corp		9,928,178
	29,353	*	Quanta Services, Inc		786,954
	24,272		Rockwell Automation, Inc		2,350,743
	2,870		Rockwell Collins, Inc		204,258
	12,415		Roper Industries, Inc		1,563,793
	2,611	*	Rush Enterprises, Inc (Class A)		65,066
	3,828		Snap-On, Inc		363,086
	55,322	*	Spirit Aerosystems Holdings, Inc (Class A)		1,402,966
	2,702		TAL International Group, Inc		108,756
	25,271		Tennant Co		1,303,984
	4,793		Timken Co		280,007
	9,840	*	United Rentals, Inc		564,029
	1,160		Valmont Industries, Inc		161,982
	1,480		W.W. Grainger, Inc		387,967
	10,000	*	Wabash National Corp		107,300
	9,255	*	WABCO Holdings, Inc		731,700

57

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	145		Watsco, Inc	$	13,536
	6,425	*	WESCO International, Inc		486,887
	18,084		Westinghouse Air Brake Technologies Corp		1,049,957
	5,280		Woodward Governor Co		216,058
	2,729		Xylem, Inc		68,034
			TOTAL CAPITAL GOODS		120,429,542
COMMERCIAL & PROFESSIONAL SERVICES - 0.6%
	540		ABM Industries, Inc		13,986
	53,553	*	ACCO Brands Corp		353,985
	305		Brink’s Co		8,153
	2,628	*	CBIZ, Inc		19,079
	970		CDI Corp		15,258
	1,690	*	Copart, Inc		54,942
	1,360		Corporate Executive Board Co		91,705
	650		Covanta Holding Corp		13,527
	5,827		Deluxe Corp		238,965
	19,898		Dun & Bradstreet Corp		2,062,030
	4,720		Equifax, Inc		298,446
	400		Heidrick & Struggles International, Inc		6,152
	5,092		HNI Corp		194,056
	2,370	*	IHS, Inc (Class A)		260,179
	1,660	*	Innerworkings, Inc		19,389
	5,010		Interface, Inc		95,140
	30,633		Iron Mountain, Inc		851,597
	1,760		Kelly Services, Inc (Class A)		34,443
	590		Knoll, Inc		9,747
	690	*	Korn/Ferry International		13,476
	7,926		Manpower, Inc		530,012
	3,562	*	Mistras Group, Inc		59,877
	430	*	Mobile Mini, Inc		14,839
	3,470	*	Navigant Consulting, Inc		46,567
	970	*	On Assignment, Inc		29,614
	3,910		R.R. Donnelley & Sons Co		74,251
	2,311		Resources Connection, Inc		30,736
	42,629		Robert Half International, Inc		1,587,504
	4,160	*	RPX Corp		72,550
	1,210		Steelcase, Inc (Class A)		18,440
	10,180	*	Tetra Tech, Inc		240,248
	290		United Stationers, Inc		12,003
	457		Viad Corp		10,991
	46,634		Waste Management, Inc		1,960,027
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		9,341,914
CONSUMER DURABLES & APPAREL - 1.1%
	1,116		American Greetings Corp (Class A)		21,249
	3,750		Blyth, Inc		52,537
	5,420		Callaway Golf Co		38,916
	198		Columbia Sportswear Co		12,775
	490		Ethan Allen Interiors, Inc		14,881
	370		Hanesbrands, Inc		23,480
	258		Hasbro, Inc		11,868

58

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	549	*	Iconix Brand Group, Inc	$	18,029
	2,550		Jakks Pacific, Inc		15,325
	394	*	Maidenform Brands, Inc		9,204
	142,661		Mattel, Inc		5,996,042
	2,300	*	Meritage Homes Corp		104,098
	2,090	*	Mohawk Industries, Inc		248,689
	4,860		Movado Group, Inc		177,293
	123,484		Nike, Inc (Class B)		7,769,613
	3,920		Oxford Industries, Inc		265,266
	2,360		Perry Ellis International, Inc		47,436
	397		Pool Corp		20,954
	6,790		Ryland Group, Inc		274,588
	399	*	Tempur-Pedic International, Inc		15,820
	4,527		Tupperware Corp		381,536
	6,576	*	Under Armour, Inc (Class A)		441,447
	4,706	*	Unifi, Inc		107,956
	5,591		VF Corp		1,101,427
	2,385		Whirlpool Corp		319,447
			TOTAL CONSUMER DURABLES & APPAREL		17,489,876
CONSUMER SERVICES - 2.4%
	9,927	*	AFC Enterprises		365,314
	1,289		Bob Evans Farms, Inc		65,507
	6,640		Brinker International, Inc		266,596
	2,070	*	Chipotle Mexican Grill, Inc (Class A)		853,399
	26,717		Choice Hotels International, Inc		1,110,626
	20,926		Darden Restaurants, Inc		1,026,420
	320		DineEquity, Inc		22,294
	5,070		Domino’s Pizza, Inc		317,281
	1,850		Dunkin Brands Group, Inc		79,920
	359	*	Jack in the Box, Inc		14,392
	99,837		Marriott International, Inc (Class A)		4,150,224
	154,655		McDonald’s Corp		15,168,562
	2,000	*	MGM Mirage		32,620
	2,957	*	Outerwall, Inc		163,374
	725	*	Panera Bread Co (Class A)		121,111
	258	*	Papa John’s International, Inc		17,250
	9,050		Royal Caribbean Cruises Ltd		344,715
	1,197	*	Ruby Tuesday, Inc		8,762
	2,668	*	Sonic Corp		41,007
	170,701		Starbucks Corp		12,160,739
	36,905		Starwood Hotels & Resorts Worldwide, Inc		2,441,266
	2,548		Strayer Education, Inc		112,775
	190		Vail Resorts, Inc		12,726
	2,545		Weight Watchers International, Inc		120,760
			TOTAL CONSUMER SERVICES		39,017,640
DIVERSIFIED FINANCIALS - 7.3%
	68,495	*	American Capital Ltd		935,642
	178,169		American Express Co		13,143,527
	6,020		Ares Capital Corp		107,096
	331,001		Bank of New York Mellon Corp		10,409,982

59

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	37,245		BlackRock, Inc	$	10,501,600
	2,219		Calamos Asset Management, Inc (Class A)		23,632
	161,492		Capital One Financial Corp		11,146,178
	430		CBOE Holdings, Inc		21,543
	390,722		Charles Schwab Corp		8,631,049
	81,674		CME Group, Inc		6,042,242
	280		Cohen & Steers, Inc		9,624
	182,343		Discover Financial Services		9,027,802
	10,240		Evercore Partners, Inc (Class A)		485,581
	177,924		Franklin Resources, Inc		8,696,925
	350	*	Green Dot Corp		8,148
	114		Greenhill & Co, Inc		5,739
	24,657	*	IntercontinentalExchange, Inc		4,498,670
	350	*	International Assets Holding Corp		6,478
	135,868		Invesco Ltd		4,373,591
	153	*	Investment Technology Group, Inc		2,174
	12,576		Janus Capital Group, Inc		117,837
	16,271		Legg Mason, Inc		559,560
	7,399		Main Street Capital Corp		225,891
	1,293		MCG Capital Corp		7,098
	1,847		MVC Capital, Inc		23,494
	18,464		Nasdaq Stock Market, Inc		598,234
	27,147	*	NewStar Financial, Inc		418,064
	136,466		Northern Trust Corp		7,988,720
	63,874		NYSE Euronext		2,692,928
	4,200	*	PHH Corp		95,172
	1,500	*	Pico Holdings, Inc		32,835
	5,510		Prospect Capital Corp		60,334
	3,216	*	Safeguard Scientifics, Inc		48,079
	134,862		State Street Corp		9,395,835
	5,430	*	SWS Group, Inc		32,363
	78,818		T Rowe Price Group, Inc		5,930,266
	3,000		TD Ameritrade Holding Corp		81,090
	1,690		Triangle Capital Corp		49,078
			TOTAL DIVERSIFIED FINANCIALS		116,434,101
ENERGY - 9.7%
	84,792		Apache Corp		6,804,558
	4,126	*	Atwood Oceanics, Inc		232,459
	18,430	*	BPZ Energy, Inc		44,416
	68,634	*	Cameron International Corp		4,069,996
	2,638		CARBO Ceramics, Inc		231,775
	5,698	*	Carrizo Oil & Gas, Inc		180,456
	40,340	*	Cheniere Energy, Inc		1,152,514
	24,081		Cimarex Energy Co		1,840,511
	461	*	Clayton Williams Energy, Inc		26,245
	66,910	*	Clean Energy Fuels Corp		863,808
	7,670		Comstock Resources, Inc		128,626
	8,230	*	Concho Resources, Inc		738,149
	9,187		Contango Oil & Gas Co		355,169
	37,187	*	Continental Resources, Inc		3,432,360
	100		Core Laboratories NV		14,960

60

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	5,720		CVR Energy, Inc	$	269,927
	29,620	*,m	CVR Energy, Inc (Contingent value right)		0
	2,655	*	Dawson Geophysical Co		95,792
	2,470		Delek US Holdings, Inc		74,718
	117,535	*	Denbury Resources, Inc		2,056,863
	116,245	*	Devon Energy Corp		6,394,637
	1,150		Energen Corp		68,873
	70,381		EOG Resources, Inc		10,239,732
	78,853		Equitable Resources, Inc		6,820,785
	1,665	*	Exterran Holdings, Inc		52,864
	73,847	*	FMC Technologies, Inc		3,936,045
	1,752	*	Geospace Technologies Corp		130,366
	38,130	*	Hercules Offshore, Inc		263,097
	95,203		Hess Corp		7,088,815
	37,039	*	Hornbeck Offshore Services, Inc		1,961,215
	11,291	*	ION Geophysical Corp		69,440
	11,770	*	Key Energy Services, Inc		74,622
	3,650	*	Kinder Morgan Management LLC		295,613
	155,742	*	Kodiak Oil & Gas Corp		1,512,255
	180,785		Marathon Oil Corp		6,573,343
	108,868		Marathon Petroleum Corp		7,983,290
	2,100	*	Matrix Service Co		33,285
	126,866		National Oilwell Varco, Inc		8,902,187
	1,625	*	Natural Gas Services Group, Inc		39,569
	1,410	*	Newpark Resources, Inc		16,130
	42,986		Noble Corp		1,642,065
	125,686		Noble Energy, Inc		7,854,118
	11,580	*	Northern Oil And Gas, Inc		152,972
	7,740	*	Oasis Petroleum, Inc		325,390
	124,403		Occidental Petroleum Corp		11,078,087
	10,568		Oceaneering International, Inc		856,959
	7,282	*	Oil States International, Inc		708,029
	8,658	*	PDC Energy, Inc		477,489
	15,633	*	Petroquest Energy, Inc		70,348
	117,941		Phillips 66		7,253,371
	48,980		Pioneer Natural Resources Co		7,580,145
	67,191		Questar Market Resources, Inc		2,048,654
	31,505	*	Quicksilver Resources, Inc		45,682
	36,008		Range Resources Corp		2,848,233
	11,132	*	Rex Energy Corp		213,623
	79		SEACOR Holdings, Inc		6,917
	7,460	*	Solazyme, Inc		84,074
	81,968	*	Southwestern Energy Co		3,179,539
	253,761		Spectra Energy Corp		9,132,858
	28,186		St. Mary Land & Exploration Co		1,937,224
	21,362	*	Superior Energy Services		547,294
	520	*	Tesco Corp		6,885
	2,784		Tesoro Corp		158,270
	18,885	*	Ultra Petroleum Corp		408,860
	11,063	*	Unit Corp		498,720
	27,670	*	Vantage Drilling Co		50,913
	243,654	*	Weatherford International Ltd		3,401,410

61

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	86,249		Western Refining, Inc	$	2,598,682
	32,812	*	Whiting Petroleum Corp		1,688,834
	119,830		Williams Cos, Inc		4,094,591
			TOTAL ENERGY		156,019,701
FOOD & STAPLES RETAILING - 1.1%
	3,418		Casey’s General Stores, Inc		226,374
	278		Harris Teeter Supermarkets, Inc		13,672
	100,570		Kroger Co		3,949,384
	970		Pricesmart, Inc		88,299
	82,405		Safeway, Inc		2,125,225
	4,686		Spartan Stores, Inc		92,174
	221,622		Sysco Corp		7,648,175
	580		Weis Markets, Inc		29,127
	49,062		Whole Foods Market, Inc		2,726,866
			TOTAL FOOD & STAPLES RETAILING		16,899,296
FOOD, BEVERAGE & TOBACCO - 3.7%
	3,010		Bunge Ltd		228,790
	77,129		Campbell Soup Co		3,609,637
	31,350		ConAgra Foods, Inc		1,135,184
	5,840	*	Darling International, Inc		118,552
	201	*	Diamond Foods, Inc		4,098
	8,100		Dr Pepper Snapple Group, Inc		378,594
	4,635		Flowers Foods, Inc		106,420
	194,161		General Mills, Inc		10,096,372
	16,519	*	Green Mountain Coffee Roasters, Inc		1,274,936
	1,900	*	Hain Celestial Group, Inc		138,624
	16,570		Hillshire Brands Co		583,430
	5,246		Hormel Foods Corp		222,168
	9,599		J.M. Smucker Co		1,080,079
	127,303		Kellogg Co		8,432,551
	38,610		Kraft Foods Group, Inc		2,184,554
	6,572		McCormick & Co, Inc		470,621
	20,190		Mead Johnson Nutrition Co		1,470,640
	328,471		Mondelez International, Inc		10,271,288
	211,891		PepsiCo, Inc		17,701,374
	2,259		Tootsie Roll Industries, Inc		76,490
	674	*	TreeHouse Foods, Inc		47,847
			TOTAL FOOD, BEVERAGE & TOBACCO		59,632,249
HEALTH CARE EQUIPMENT & SERVICES - 3.5%
	328,596		Abbott Laboratories		12,036,471
	123,684		Aetna, Inc		7,936,802
	2,290	*	Align Technology, Inc		98,562
	13,630	*	Amedisys, Inc		170,511
	1,000		AmerisourceBergen Corp		58,270
	2,141	*	Amsurg Corp		83,734
	85,880		Becton Dickinson & Co		8,907,474
	2,480	*	Brookdale Senior Living, Inc		72,218
	13,374	*	Centene Corp		741,856
	1,000	*	Cerner Corp		49,000

62

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	430		Chemed Corp	$	30,354
	51,733		Cigna Corp		4,026,379
	1,249		Computer Programs & Systems, Inc		69,619
	740	*	Cyberonics, Inc		38,473
	500	*	DaVita, Inc		58,205
	1,030		Dentsply International, Inc		44,166
	3,900	*	Edwards Lifesciences Corp		278,382
	6,130	*	ExamWorks Group, Inc		148,836
	6,430	*	Five Star Quality Care, Inc		38,066
	2,130	*	Gentiva Health Services, Inc		22,876
	1,539	*	Greatbatch, Inc		58,174
	1,990	*	Greenway Medical Technologies		23,024
	300	*	Haemonetics Corp		12,666
	1,033	*	Health Management Associates, Inc (Class A)		13,925
	4,547	*	Henry Schein, Inc		472,115
	2,640	*	HMS Holdings Corp		63,862
	32,847		Humana, Inc		2,997,617
	1,185	*	ICU Medical, Inc		84,953
	10,881	*	Idexx Laboratories, Inc		1,066,229
	240	*	Integra LifeSciences Holdings Corp		9,454
	670		Invacare Corp		10,459
	15,685	*	Inverness Medical Innovations, Inc		523,879
	760	*	IPC The Hospitalist Co, Inc		38,281
	500	*	Laboratory Corp of America Holdings		48,370
	743		Landauer, Inc		36,608
	950	*	LHC Group, Inc		21,793
	15,724	*	LifePoint Hospitals, Inc		772,992
	2,510	*	MAKO Surgical Corp		35,240
	360		Masimo Corp		8,384
	343	*	MedAssets, Inc		7,467
	221,048		Medtronic, Inc		12,210,692
	2,450	*	Merit Medical Systems, Inc		32,193
	12,987	*	Molina Healthcare, Inc		482,077
	2,081	*	MWI Veterinary Supply, Inc		295,856
	2,820	*	Natus Medical, Inc		36,068
	620	*	Omnicell, Inc		13,082
	5,728	*	OraSure Technologies, Inc		25,375
	665		Owens & Minor, Inc		23,913
	23,164		Patterson Cos, Inc		947,176
	240		Quality Systems, Inc		5,489
	1,640	*	Tornier BV		26,896
	126		US Physical Therapy, Inc		3,606
	5,800	*	Vanguard Health Systems, Inc		121,278
	500	*	Varian Medical Systems, Inc		36,250
	5,020	*	Vocera Communications, Inc		72,690
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		55,548,387
HOUSEHOLD & PERSONAL PRODUCTS - 3.3%
	8,994		Clorox Co		772,945
	198,336		Colgate-Palmolive Co		11,874,376
	74,903		Estee Lauder Cos (Class A)		4,917,382
	6,280		Herbalife Ltd		411,340

63

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	88,634		Kimberly-Clark Corp	$	8,757,039
	7,714	*	Medifast, Inc		210,901
	4,949		Nu Skin Enterprises, Inc (Class A)		413,934
	319,516		Procter & Gamble Co		25,657,135
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		53,015,052
INSURANCE - 5.8%
	102,482		ACE Ltd		9,364,805
	160,091		Aflac, Inc		9,874,413
	1,188		Amtrust Financial Services, Inc		49,456
	3,437		Arthur J. Gallagher & Co		152,534
	28,824		Aspen Insurance Holdings Ltd		1,080,612
	6,698		Axis Capital Holdings Ltd		291,765
	211,019	*	Berkshire Hathaway, Inc (Class B)		24,450,771
	101,151		Chubb Corp		8,749,561
	1,217	*	eHealth, Inc		37,411
	476		Employers Holdings, Inc		12,514
	290	*	Enstar Group Ltd		41,667
	730		First American Financial Corp		16,593
	166,047	*	Genworth Financial, Inc (Class A)		2,156,951
	1,000		Hartford Financial Services Group, Inc		30,860
	400		Kemper Corp		13,980
	71,357		Marsh & McLennan Cos, Inc		2,987,718
	990		Meadowbrook Insurance Group, Inc		7,514
	32,330		Montpelier Re Holdings Ltd		873,233
	139	*	Navigators Group, Inc		8,056
	3,027		OneBeacon Insurance Group Ltd (Class A)		43,892
	3,154		PartnerRe Ltd		282,409
	10,891		Platinum Underwriters Holdings Ltd		632,658
	480		Primerica, Inc		19,699
	95,885		Principal Financial Group		4,157,574
	255,977		Progressive Corp		6,657,962
	10,305		Protective Life Corp		446,516
	134,234		Prudential Financial, Inc		10,600,459
	200		Reinsurance Group of America, Inc (Class A)		13,618
	830		RenaissanceRe Holdings Ltd		72,185
	139		RLI Corp		11,473
	179		Safety Insurance Group, Inc		9,625
	476		Selective Insurance Group, Inc		11,638
	637		Stancorp Financial Group, Inc		33,818
	2,787		Stewart Information Services Corp		86,202
	115,642		Travelers Cos, Inc		9,661,889
	300		Willis Group Holdings plc		12,840
			TOTAL INSURANCE		92,954,871
MATERIALS - 4.8%
	307	*	AEP Industries, Inc		24,775
	82,151		Air Products & Chemicals, Inc		8,924,885
	500		Albemarle Corp		31,005
	207,534		Alcoa, Inc		1,649,895
	36,366	*	Allied Nevada Gold Corp		242,561
	30,523		AMCOL International Corp		1,070,747

64

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	5,841		Aptargroup, Inc	$	341,056
	43,708		Avery Dennison Corp		1,955,059
	16,042		Ball Corp		718,521
	9,291		Bemis Co, Inc		382,696
	4,610		Boise, Inc		41,951
	14,101		Buckeye Technologies, Inc		524,839
	2,310		Carpenter Technology Corp		120,767
	5,451	*	Castle (A.M.) & Co		92,776
	10,970		Celanese Corp (Series A)		527,218
	1,826	*	Clearwater Paper Corp		89,328
	32,303		Commercial Metals Co		500,373
	3,735		Compass Minerals International, Inc		282,366
	1,381		Domtar Corp		95,993
	9,448		Eastman Chemical Co		759,903
	98,552		Ecolab, Inc		9,080,581
	2,950	*	Ferro Corp		19,264
	8,960	*	Flotek Industries, Inc		175,437
	530		Globe Specialty Metals, Inc		6,323
	22,724		H.B. Fuller Co		912,369
	6,274		Innophos Holdings, Inc		312,696
	2,468		International Flavors & Fragrances, Inc		199,118
	65,894		International Paper Co		3,183,339
	510	*	Kraton Polymers LLC		10,353
	2,950		Kronos Worldwide, Inc		48,793
	1,240	*	Landec Corp		18,712
	45,936	*	Louisiana-Pacific Corp		746,919
	115,426		LyondellBasell Industries AF S.C.A		7,930,920
	702	*	McEwen Mining, Inc		1,376
	56,836		MeadWestvaco Corp		2,100,090
	11,078		Minerals Technologies, Inc		509,588
	32,207		Mosaic Co		1,323,386
	420		Neenah Paper, Inc		16,619
	146,147		Nucor Corp		6,836,757
	280	*	OM Group, Inc		8,644
	17,210	*	Owens-Illinois, Inc		511,998
	3,500		PolyOne Corp		101,185
	85,187		Praxair, Inc		10,236,922
	274		Quaker Chemical Corp		18,076
	594,589		Rentech, Inc		1,272,420
	1,576		Rock-Tenn Co (Class A)		180,216
	4,580		Rockwood Holdings, Inc		310,203
	38,935		Royal Gold, Inc		2,012,550
	4,126		Schnitzer Steel Industries, Inc (Class A)		105,873
	2,025		Sealed Air Corp		55,161
	4,870		Sherwin-Williams Co		848,208
	55,895		Sigma-Aldrich Corp		4,670,586
	840		Stepan Co		50,282
	18,018	*	Stillwater Mining Co		218,018
	14,580		Tredegar Corp		437,546
	14,866		Valspar Corp		1,012,672
	1,674		Wausau Paper Corp		19,067
	3,730		Westlake Chemical Corp		387,995

65

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	76,210		Worthington Industries, Inc	$	2,726,032
	1,279		Zep, Inc		16,729
			TOTAL MATERIALS		77,009,737
MEDIA - 3.1%
	524		Arbitron, Inc		24,083
	5,058		Belo (A.H.) Corp (Class A)		72,127
	48,987		Cablevision Systems Corp (Class A)		915,567
	8,053		Cinemark Holdings, Inc		234,503
	3,490		Clear Channel Outdoor Holdings, Inc (Class A)		25,896
	67,737	*	Digital Generation, Inc		524,962
	104,598	*	Discovery Communications, Inc (Class A)		8,338,552
	15,098	*	Discovery Communications, Inc (Class C)		1,097,021
	13,822	*	DreamWorks Animation SKG, Inc (Class A)		342,233
	4,606		Fisher Communications, Inc		188,708
	2,205		John Wiley & Sons, Inc (Class A)		99,512
	70,005	*	Journal Communications, Inc (Class A)		641,246
	20,443	*	Liberty Global plc		1,577,382
	104,488	*	Liberty Global plc (Class A)		8,476,066
	18,534	*	Liberty Media Corp		2,663,892
	2,550	*	Madison Square Garden, Inc		150,373
	30,394	*	McClatchy Co (Class A)		94,525
	51,302	*	New York Times Co (Class A)		624,858
	320		Scholastic Corp		9,760
	4,280		Scripps Networks Interactive (Class A)		302,896
	90,284		Time Warner Cable, Inc		10,298,696
	194,952		Time Warner, Inc		12,137,712
	13,692		Valassis Communications, Inc		392,002
			TOTAL MEDIA		49,232,572
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.7%
	3,635	*	Affymetrix, Inc		13,813
	99,323		Agilent Technologies, Inc		4,442,718
	29,480	*	Akorn, Inc		418,321
	2,000	*	Alexion Pharmaceuticals, Inc		232,460
	93,562		Amgen, Inc		10,131,829
	165,063	*	Ariad Pharmaceuticals, Inc		3,066,871
	3,100	*	Auxilium Pharmaceuticals, Inc		56,916
	19,230	*	AVEO Pharmaceuticals, Inc		46,152
	51,547	*	Biogen Idec, Inc		11,243,947
	80	*	Bio-Rad Laboratories, Inc (Class A)		9,759
	302,715		Bristol-Myers Squibb Co		13,089,397
	4,362	*	Cadence Pharmaceuticals, Inc		32,584
	26,442	*	Cambrex Corp		387,375
	13,866	*	Cepheid, Inc		483,507
	5,980	*	Depomed, Inc		38,990
	35,395	*	Endo Pharmaceuticals Holdings, Inc		1,361,292
	255,184	*	Gilead Sciences, Inc		15,681,057
	870	*	Immunogen, Inc		16,573
	28,828	*	Incyte Corp		674,863
	13,244	*	Ironwood Pharmaceuticals, Inc		162,107
	315,703		Johnson & Johnson		29,518,230

66

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	37,597	*	Life Technologies Corp	$	2,804,736
	403,789		Merck & Co, Inc		19,450,516
	55,958	*	Nektar Therapeutics		627,289
	42,156		PDL BioPharma, Inc		342,307
	3,690		PerkinElmer, Inc		125,792
	22,112	*	Salix Pharmaceuticals Ltd		1,634,077
	22,461	*	Sangamo Biosciences, Inc		218,995
	1,397		Techne Corp		103,015
	17,000		Thermo Electron Corp		1,548,870
	3,980	*	United Therapeutics Corp		297,863
	27,628	*	Vertex Pharmaceuticals, Inc		2,204,714
	380	*	Viropharma, Inc		13,042
	63,931	*	Vivus, Inc		946,818
	16,140	*	Waters Corp		1,629,172
	10,913	*	Xenoport, Inc		58,821
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		123,114,788
REAL ESTATE - 3.5%
	5,017		American Campus Communities, Inc		192,703
	114,519		American Tower Corp		8,106,800
	317,810		Annaly Capital Management, Inc		3,788,295
	1,000		AvalonBay Communities, Inc		135,340
	31,354		Boston Properties, Inc		3,353,310
	50,794	*	CBRE Group, Inc		1,176,897
	560		Colonial Properties Trust		13,558
	4,441		Douglas Emmett, Inc		111,069
	34,447		Duke Realty Corp		567,342
	210		EastGroup Properties, Inc		12,991
	515		Equity One, Inc		11,917
	34,853		Equity Residential		1,951,768
	3,961		Federal Realty Investment Trust		417,212
	62,649		First Industrial Realty Trust, Inc		1,024,938
	1,693	*	Forest City Enterprises, Inc (Class A)		29,661
	540		Franklin Street Properties Corp		7,187
	133,675		HCP, Inc		5,864,322
	25,750		Health Care REIT, Inc		1,660,618
	2,950		Healthcare Realty Trust, Inc		75,845
	192,484		Host Marriott Corp		3,437,764
	8		Jones Lang LaSalle, Inc		728
	266		Kilroy Realty Corp		13,922
	3,363		LaSalle Hotel Properties		90,599
	8,916		Liberty Property Trust		340,680
	13,708		Macerich Co		850,581
	873		Medical Properties Trust, Inc		12,746
	3,160		Mid-America Apartment Communities, Inc		213,458
	540		Piedmont Office Realty Trust, Inc		9,769
	2,000		Plum Creek Timber Co, Inc		97,560
	3,580		Post Properties, Inc		166,542
	154,738		Prologis, Inc		5,935,750
	140		PS Business Parks, Inc		10,258
	64,892		RAIT Investment Trust		490,584
	21,915		Ryman Hospitality Properties		816,334

67

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	65,552		Simon Property Group, Inc	$	10,492,253
	500		UDR, Inc		12,520
	24,250		Ventas, Inc		1,594,195
	37,328		Vornado Realty Trust		3,165,788
	297		Washington Real Estate Investment Trust		7,983
	2,000		Weyerhaeuser Co		56,800
	3,851		Winthrop Realty Trust		49,177
			TOTAL REAL ESTATE		56,367,764
RETAILING - 4.9%
	312		Aaron’s, Inc		8,942
	3,793		Advance Auto Parts, Inc		312,885
	34,025		American Eagle Outfitters, Inc		668,251
	7,183	*	Ann Taylor Stores Corp		243,432
	13,045	*	Autozone, Inc		5,851,726
	2,420	*	Barnes & Noble, Inc		43,197
	58,360	*	Bed Bath & Beyond, Inc		4,462,789
	35,009		Best Buy Co, Inc		1,053,421
	820		Big 5 Sporting Goods Corp		16,621
	160	*	Blue Nile, Inc		6,213
	250		Buckle, Inc		13,995
	2,000	*	Cabela’s, Inc		137,280
	18,674	*	Carmax, Inc		915,773
	9		Chico’s FAS, Inc		154
	550	*	Express Parent LLC		12,403
	1,820		Finish Line, Inc (Class A)		40,513
	15,376		Foot Locker, Inc		555,535
	2		GameStop Corp (Class A)		98
	140,081		Gap, Inc		6,429,718
	70,894		Genuine Parts Co		5,812,599
	8,830		GNC Holdings, Inc		466,047
	7,844		HSN, Inc		471,111
	12,772	*	JC Penney Co, Inc		186,471
	64,277		Kohl’s Corp		3,405,395
	190,490	*	Liberty Media Holding Corp (Interactive A)		4,659,385
	7,610	*	LKQ Corp		198,393
	260,564		Lowe’s Companies, Inc		11,615,943
	56,050		Macy’s, Inc		2,709,457
	300		Men’s Wearhouse, Inc		11,979
	19,391	*	New York & Co, Inc		120,806
	17,815		Nordstrom, Inc		1,090,991
	2,593		Nutri/System, Inc		32,438
	37,859	*	Office Depot, Inc		163,929
	3,806		OfficeMax, Inc		43,350
	1,978	*	O’Reilly Automotive, Inc		247,764
	10,210		Petsmart, Inc		747,576
	10,219		Pier 1 Imports, Inc		240,147
	4,030		Ross Stores, Inc		271,904
	5,448	*	Sally Beauty Holdings, Inc		166,219
	555		Shoe Carnival, Inc		14,824
	1,960	*	Shutterfly, Inc		105,036
	3,780		Signet Jewelers Ltd		276,356

68

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	152,446		Staples, Inc	$	2,594,631
	2,017		Stein Mart, Inc		28,178
	153,181		Target Corp		10,914,147
	4,015		Tiffany & Co		319,233
	200,904		TJX Companies, Inc		10,455,044
	1,000	*	TripAdvisor, Inc		75,020
	10,381	*	Tuesday Morning Corp		116,475
	5		Williams-Sonoma, Inc		294
			TOTAL RETAILING		78,334,088
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.5%
	19,583	*	Advanced Energy Industries, Inc		424,168
	15,350	*	Advanced Micro Devices, Inc		57,870
	7,601		Analog Devices, Inc		375,185
	525,118		Applied Materials, Inc		8,564,675
	5,850	*	Cirrus Logic, Inc		112,788
	5,920		Cypress Semiconductor Corp		75,598
	2,000	*	Freescale Semiconductor Holdings Ltd		31,400
	1,076	*	Hittite Microwave Corp		67,228
	723,177		Intel Corp		16,850,024
	430	*	International Rectifier Corp		10,367
	5,200	*	Lam Research Corp		255,944
	4,210		Microchip Technology, Inc		167,305
	146,812	*	ON Semiconductor Corp		1,209,731
	18,114	*	RF Micro Devices, Inc		94,012
	24,937	*	Skyworks Solutions, Inc		598,987
	33,452	*	SunPower Corp		924,948
	11,248	*	Teradyne, Inc		185,480
	272,531		Texas Instruments, Inc		10,683,215
	1,460	*	Triquint Semiconductor, Inc		11,665
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		40,700,590
SOFTWARE & SERVICES - 8.7%
	145,031		Accenture plc		10,704,738
	59,618	*	Active Network, Inc		508,542
	143,202	*	Adobe Systems, Inc		6,770,591
	328		Advent Software, Inc		9,653
	3,513	*	Angie’s List, Inc		77,356
	58,494		AOL, Inc		2,154,919
	55,155	*	Autodesk, Inc		1,951,935
	33,560		Broadridge Financial Solutions, Inc		971,226
	131,014		CA, Inc		3,896,356
	1,110	*	Cadence Design Systems, Inc		16,184
	131,008	*	Cognizant Technology Solutions Corp (Class A)		9,483,669
	19,655		Compuware Corp		222,888
	1,980	*	comScore, Inc		57,341
	5,337		Convergys Corp		101,029
	5,070	*	Demand Media, Inc		33,158
	1,309	*	E2open, Inc		26,023
	1,124		Factset Research Systems, Inc		122,718
	380		Fair Isaac Corp		18,985
	6,420	*	Fortinet, Inc		136,425

69

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	2,939		Global Payments, Inc	$	136,105
	30,499	*	Google, Inc (Class A)		27,070,912
	570	*	Higher One Holdings, Inc		6,156
	300	*	Infoblox, Inc		9,810
	23,796	*	Informatica Corp		908,293
	124,562		International Business Machines Corp		24,294,573
	109,104		Intuit, Inc		6,973,928
	360		j2 Global, Inc		16,477
	7,278	*	Liquidity Services, Inc		207,423
	605	*	LogMeIn, Inc		17,981
	1,000		MAXIMUS, Inc		37,610
	200		Mercadolibre, Inc		23,486
	300	*	NetSuite, Inc		28,167
	3,975	*	NeuStar, Inc (Class A)		222,918
	1,360	*	OpenTable, Inc		86,605
	517,754		Oracle Corp		16,749,342
	13,708	*	QuinStreet, Inc		127,621
	3,228	*	Responsys, Inc		46,774
	2,376	*	Rosetta Stone, Inc		38,824
	1,854	*	Rovi Corp		41,771
	169,498	*	Salesforce.com, Inc		7,415,537
	2,065	*	Seachange International, Inc		24,326
	6,070	*	ServiceSource International LLC		64,767
	2,310	*	SolarWinds, Inc		81,982
	1,976	*	SPS Commerce, Inc		127,511
	266	*	Stamps.com, Inc		10,603
	538	*	Sykes Enterprises, Inc		9,447
	248,869		Symantec Corp		6,639,825
	1,650		Syntel, Inc		118,437
	4,529	*	Tangoe, Inc		81,794
	5,470	*	Teradata Corp		323,386
	2,810	*	Ultimate Software Group, Inc		380,193
	1,550	*	Unisys Corp		40,207
	4,120	*	Valueclick, Inc		100,693
	338,249	*	Yahoo!, Inc		9,501,414
			TOTAL SOFTWARE & SERVICES		139,228,634
TECHNOLOGY HARDWARE & EQUIPMENT - 5.1%
	330		Adtran, Inc		8,722
	27,724	*	Aruba Networks, Inc		492,933
	3,467	*	Avid Technology, Inc		20,663
	1,070		Belden CDT, Inc		62,713
	1,524	*	Benchmark Electronics, Inc		33,711
	910		Black Box Corp		24,625
	690	*	Calix Networks, Inc		8,059
	2,299	*	Checkpoint Systems, Inc		39,543
	751,182		Cisco Systems, Inc		19,192,700
	980		Cognex Corp		52,048
	180		Coherent, Inc		10,202
	50,109		Corning, Inc		761,156
	46,352	*	Cray, Inc		1,073,976
	638,696		Dell, Inc		8,092,278

70

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	1,190	*	DTS, Inc	$	26,942
	459,632		EMC Corp		12,019,377
	1,110		FEI Co		85,969
	22,521	*	Finisar Corp		435,331
	13,898	*	Flextronics International Ltd		120,357
	8,980	*	Fusion-io, Inc		129,492
	440,106		Hewlett-Packard Co		11,301,922
	11,040	*	Ingram Micro, Inc (Class A)		252,043
	2,970	*	Insight Enterprises, Inc		63,528
	5,777		InterDigital, Inc		229,520
	7,022		IPG Photonics Corp		427,640
	350	*	Itron, Inc		15,092
	15,050		Jabil Circuit, Inc		345,999
	1,916	*	Kemet Corp		8,354
	14,044		Lexmark International, Inc (Class A)		526,510
	212		Littelfuse, Inc		16,958
	866		Molex, Inc		25,833
	61,188		Motorola, Inc		3,354,938
	417		National Instruments Corp		11,755
	1,478	*	Netgear, Inc		44,059
	14,946	*	Oplink Communications, Inc		301,162
	500	*	OSI Systems, Inc		35,195
	281	*	Plexus Corp		9,827
	659	*	Procera Networks, Inc		9,832
	13,750	*	QLogic Corp		151,387
	226,055		Qualcomm, Inc		14,591,850
	1,340	*	Rackable Systems, Inc		25,219
	5,980	*	RealD, Inc		63,687
	610	*	Rofin-Sinar Technologies, Inc		14,097
	270	*	Scansource, Inc		9,615
	3,009	*	Super Micro Computer, Inc		34,874
	1,993	*	Tech Data Corp		102,321
	3,218	*	TTM Technologies, Inc		29,734
	2,515	*	Universal Display Corp		72,809
	3,451	*	Vishay Precision Group, Inc		55,975
	720,634		Xerox Corp		6,990,150
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		81,812,682
TELECOMMUNICATION SERVICES - 1.3%
	2,300	*	Cbeyond Communications, Inc		19,481
	246,073		CenturyTel, Inc		8,821,717
	32,957	*	Cincinnati Bell, Inc		113,702
	2,650		Consolidated Communications Holdings, Inc		46,348
	87,233	*	Crown Castle International Corp		6,128,118
	435,917		Frontier Communications Corp		1,900,598
	4,950	*	Iridium Communications, Inc		41,679
	4,940	*	Level 3 Communications, Inc		108,927
	7,710	*	SBA Communications Corp (Class A)		571,234
	249,777	*	Sprint Corp		1,488,671
	18,216	*	tw telecom inc (Class A)		542,472
	1,645		US Cellular Corp		65,323
	1,580		USA Mobility, Inc		24,680

71

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	5,170	*	Vonage Holdings Corp	$	16,647
	209,253		Windstream Corp		1,747,263
			TOTAL TELECOMMUNICATION SERVICES		21,636,860
TRANSPORTATION - 2.0%
	3,460	*	Alaska Air Group, Inc		211,648
	158		Allegiant Travel Co		15,386
	310		Arkansas Best Corp		6,727
	6,700	*	Avis Budget Group, Inc		211,988
	17,610		CH Robinson Worldwide, Inc		1,049,908
	281,571		CSX Corp		6,985,776
	2,060	*	Echo Global Logistics, Inc		44,846
	8		Expeditors International of Washington, Inc		323
	1,000	*	Hertz Global Holdings, Inc		25,610
	218		J.B. Hunt Transport Services, Inc		16,335
	218	*	Kirby Corp		18,412
	180		Landstar System, Inc		9,731
	68,315		Norfolk Southern Corp		4,997,925
	9		Ryder System, Inc		557
	42,110		Union Pacific Corp		6,678,225
	139,685		United Parcel Service, Inc (Class B)		12,124,658
			TOTAL TRANSPORTATION		32,398,055
UTILITIES - 4.2%
	3,940		American States Water Co		253,027
	3,470		American Water Works Co, Inc		148,100
	71,112	*	Calpine Corp		1,422,951
	70,046		Centerpoint Energy, Inc		1,738,542
	1,701		Chesapeake Utilities Corp		100,818
	103,433		Cleco Corp		5,017,535
	115,685		Consolidated Edison, Inc		6,929,532
	47,277		Duke Energy Corp		3,356,667
	510		Empire District Electric Co		11,822
	2,130		Integrys Energy Group, Inc		133,764
	3,471		ITC Holdings Corp		318,534
	5,397		MDU Resources Group, Inc		151,332
	15,432		MGE Energy, Inc		906,013
	6,859		New Jersey Resources Corp		307,009
	119,675		NextEra Energy, Inc		10,365,052
	166,725		NiSource, Inc		5,121,792
	90,642		Northeast Utilities		4,025,411
	2,044		Northwest Natural Gas Co		89,813
	115,024		NV Energy, Inc		2,718,017
	41,876		Oneok, Inc		2,217,334
	290		Ormat Technologies, Inc		6,679
	204,244		Pepco Holdings, Inc		4,197,214
	134,472		PG&E Corp		6,170,920
	55,325		Piedmont Natural Gas Co, Inc		1,911,479
	3,050		Pinnacle West Capital Corp		179,645
	1,330		PNM Resources, Inc		31,228
	5,000		Public Service Enterprise Group, Inc		168,950
	70,153		Sempra Energy		6,147,507

72

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES		COMPANY	VALUE
	6,188	SJW Corp	$	172,583
	16,544	South Jersey Industries, Inc		1,010,838
	8,780	TECO Energy, Inc		155,143
	1,494	Unitil Corp		45,926
	270	UNS Energy Corp		13,729
	1,260	Vectren Corp		46,645
	4,760	Westar Energy, Inc		159,888
	14,518	WGL Holdings, Inc		667,392
	11,774	Wisconsin Energy Corp		511,934
	27,311	Xcel Energy, Inc		817,964
		TOTAL UTILITIES		67,748,729
		TOTAL COMMON STOCKS		1,588,878,494
		(Cost $1,147,508,184)
		TOTAL INVESTMENTS - 99.1%		1,588,878,494
		(Cost $1,147,508,184)
		OTHER ASSETS & LIABILITIES, NET - 0.9%		13,872,422
		NET ASSETS - 100.0%	$	1,602,750,916

	Abbreviation(s):
	REIT     Real Estate Investment Trust
*	Non-income producing.
m	Indicates a security that has been deemed illiquid.

73

TIAA-CREF FUNDS - Emerging Markets Equity Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
EQUITY LINKED NOTES - 0.7%
GERMANY - 0.4%
$	2,317,593	*	Deutsche Bank, Access Engineering Ltd		0.000	%	09/23/22	$	358,856
	1,081,123	*	Deutsche Bank, John Keells		0.000		07/06/19		2,138,461
			TOTAL GERMANY						2,497,317
UNITED STATES - 0.3%
	1,346,251	*	Citigroup Global Markets Holdings		0.000		01/17/17		2,132,462
			TOTAL UNITED STATES						2,132,462
			TOTAL EQUITY LINKED NOTES						4,629,779
			(Cost $4,193,420)
SHARES			COMPANY
COMMON STOCKS - 99.3%
ARGENTINA - 0.3%
	15,472	e	Mercadolibre, Inc						1,816,877
			TOTAL ARGENTINA						1,816,877
AUSTRALIA - 0.6%
	227,490	e	Iluka Resources Ltd						2,249,471
	799,167		Medusa Mining Ltd						1,661,873
			TOTAL AUSTRALIA						3,911,344
BRAZIL - 10.1%
	137,000		Abril Educacao S.A.						2,107,831
	194,900		Aliansce Shopping Centers S.A.						1,797,486
	640,090		Banco Itau Holding Financeira S.A.						8,175,958
	257,866	*	BHG S.A.-Brazil Hospitality Group						1,898,941
	252,200		BR Malls Participacoes S.A.						2,235,292
	138,848		BR Properties S.A.						1,150,296
	382,492	*	Brazil Pharma S.A.						1,659,838
	82,300		Cia Brasileira de Distribuicao Grupo Pao de Acucar						3,650,443
	182,960		Companhia Brasileira de Meios de Pagamento						4,510,343
	163,500		Cosan SA Industria e Comercio						3,100,362
	364,400		Empresa Brasileira de Aeronautica S.A.						3,098,762
	1,066,900		Forjas Taurus S.A. (Preference)						1,113,035
	433,700		Gerdau S.A. (Preference)						2,773,657
	273,800		Hypermarcas S.A.						1,981,475
	144,000	*	International Meal Co Holdings S.A.						1,134,907
	183,800		Iochpe-Maxion S.A.						2,022,215
	141,700		Linx S.A.						2,347,225
	177,200		Mills Estruturas e Servicos de						2,213,689
	107,033		Multiplan Empreendimentos Imobiliarios S.A.						2,362,716
	160,900		Perdigao S.A.						3,427,681
	412,245		Petroleo Brasileiro S.A.						2,779,200
	488,400		Randon Participacoes S.A.						2,524,048

74

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
	185,900		Souza Cruz S.A.	$	2,239,258
	152,600		Ultrapar Participacoes S.A.		3,622,105
	365,900		Vale S.A.		4,975,220
			TOTAL BRAZIL		68,901,983
CAMBODIA - 0.4%
	3,812,000		NagaCorp Ltd		2,976,587
			TOTAL CAMBODIA		2,976,587
CHILE - 0.6%
	160,242,651		CorpBanca S.A.		1,596,346
	4,512,425	*	Empresas La Polar S.A.		1,071,355
	605,355		Parque Arauco S.A		1,291,408
			TOTAL CHILE		3,959,109
CHINA - 14.4%
	3,062,000	e	Angang New Steel Co Ltd		1,695,241
	343,500		Beijing Enterprises Holdings Ltd		2,293,281
	13,802,090		China Construction Bank		10,290,841
	2,717,000	e	China Everbright International Ltd		2,473,776
	912,000		China Mengniu Dairy Co Ltd		3,648,923
	1,643,400	*,e,m	China Metal Recycling Holdings Ltd		499,551
	1,648,000		China Oilfield Services Ltd		3,705,488
	1,626,000	e	China Overseas Land & Investment Ltd		4,680,437
	915,600		China Pacific Insurance Group Co Ltd		3,060,678
	1,240,000	e	China Resources Gas Group Ltd		3,097,260
	914,000		China Shenhua Energy Co Ltd		2,638,160
	1,530,000		China South Locomotive and Rolling Stock Corp		1,018,850
	3,758,000	e	China Southern Airlines Co Ltd		1,388,573
	2,632,000		China Unicom Ltd		3,873,080
	2,373,000		Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd		605,376
	2,890,000		CNOOC Ltd		5,223,178
	4,887,000		Country Garden Holdings Co Ltd		2,761,966
	2,890,000	e	CPMC Holdings Ltd		1,880,942
	4,176,000		Huaneng Power International, Inc		4,354,760
	18,979,834		Industrial & Commercial Bank of China		12,466,134
	2,933,500	e	KWG Property Holding Ltd		1,681,335
	4,076,000	e	Lenovo Group Ltd		3,711,514
	2,404,000		Midas Holdings Ltd		905,781
	308,200		Tencent Holdings Ltd		13,951,600
	35,785	*,e	Vipshop Holdings Ltd (ADR)		1,507,264
	766,000	e	Xinao Gas Holdings Ltd		4,239,580
	372,000	e	Zhuzhou CSR Times Electric Co Ltd		984,574
			TOTAL CHINA		98,638,143
COLOMBIA - 1.0%
	428,796		Cementos Argos S.A.		1,957,559
	190,079		Cementos Argos S.A.(Preference)		877,789
	188,811		Grupo Argos S.A.		2,082,676
	109,284		Pacific Rubiales Energy Corp		2,145,595
			TOTAL COLOMBIA		7,063,619

75

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
CZECH REPUBLIC - 0.3%
	9,125		Komercni Banka AS	$	1,773,328
			TOTAL CZECH REPUBLIC		1,773,328
HONG KONG - 4.8%
	882,400		AIA Group Ltd		4,176,697
	22,290	*,m	Asia Pacific Investment Partners Limited		158,073
	1,418,000		Chow Tai Fook Jewellery Group Ltd		1,807,130
	246,000	*	Galaxy Entertainment Group Ltd		1,294,789
	9,560,000	*,e	GCL Poly Energy Holdings Ltd		2,436,300
	782,000		Hang Lung Properties Ltd		2,531,431
	3,240,000		Lee & Man Paper Manufacturing Ltd		2,107,260
	1,071,000		Lifestyle International Holdings Ltd		2,547,551
	126,444	*	Melco PBL Entertainment Macau Ltd (ADR)		3,145,927
	1,732,000		SA SA International Holdings Ltd		1,724,959
	999,000		Samsonite International		2,734,177
	725,200		Sands China Ltd		3,919,547
	1,707,500		Techtronic Industries Co		4,170,793
			TOTAL HONG KONG		32,754,634
INDIA - 5.7%
	91,556		Apollo Hospitals Enterprise Ltd		1,412,602
	1,527,059		Apollo Tyres Ltd		1,688,662
	532,626		Bharat Forge Ltd		1,783,715
	720,996	*	DEN Networks Ltd		2,004,511
	478,817		DLF Ltd		1,180,607
	76,718	*	Future Lifestyle Fashions Ltd		55,642
	168,474		Havells India Ltd		1,686,098
	282,437		HDFC Bank Ltd		2,833,467
	181,468		Housing Development Finance Corp		2,394,433
	1,202,492	*	Idea Cellular Ltd		3,337,541
	420,416		ITC Ltd		2,363,668
	199,824		Lupin Ltd		2,862,653
	555,879		Mundra Port and Special Economic Zone Ltd		1,144,501
	286,397		Pantaloon Retail India Ltd		384,681
	321,811		Phoenix Mills Ltd		1,294,018
	1,087,789		Puravankara Projects Ltd		1,222,768
	284,496		Sun Pharmaceutical Industries Ltd		2,642,266
	284,496	*	Sun Pharmaceutical Industries Ltd (Temporary)		2,642,266
	296,558		Sun TV Network Ltd		1,971,283
	139,501		Tata Consultancy Services Ltd		4,165,347
			TOTAL INDIA		39,070,729
INDONESIA - 2.6%
	4,862,000		PT Bank Mandiri Persero Tbk		4,208,111
	16,290,209		PT Bekasi Fajar Industrial Estate Tbk		966,794
	6,869,000		PT Cardig Aero Services Tbk		581,467
	4,165,500		PT Jasa Marga Tbk		2,166,963
	63,749,159		PT Kawasan Industri Jababeka Tbk		1,794,600
	8,010,000	*	PT MNC Sky Vision Tbk		1,808,917
	5,613,200		PT Modern Internasional Tbk		490,807

76

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
	3,964,000		PT Perusahaan Gas Negara	$	2,276,442
	34,365,000		PT Sumber Alfaria Trijaya Tbk		2,139,976
	6,261,000		PT Surya Citra Media Tbk		1,629,135
			TOTAL INDONESIA		18,063,212
ISRAEL - 0.2%
	250,698		Zenith Bank plc (GDR)		1,539,491
			TOTAL ISRAEL		1,539,491
ITALY - 0.4%
	298,800		Prada S.p.A		2,786,100
			TOTAL ITALY		2,786,100
JAPAN - 0.6%
	30,100		Softbank Corp		1,910,638
	42,200	e	Uni-Charm Corp		2,246,546
			TOTAL JAPAN		4,157,184
KOREA, REPUBLIC OF - 11.6%
	10,682		CJ O Shopping Co Ltd		3,477,556
	22,195		Daelim Industrial Co		1,754,299
	128,490	*	Doosan Infracore Co Ltd		1,410,452
	21,674		Honam Petrochemical Corp		3,275,851
	239,800	*	Hynix Semiconductor, Inc		5,800,937
	12,417		Hyundai Heavy Industries		2,317,845
	52,400		Hyundai Hysco		1,838,178
	44,638		Hyundai Motor Co		9,229,954
	15,439		Hyundai Wia Corp		2,253,239
	10,059		Korea Zinc Co Ltd		2,572,715
	15,321		LG Chem Ltd		3,842,748
	5,216		LG Household & Health Care Ltd		2,746,493
	1,118		Lotte Confectionery Co Ltd		1,577,549
	20,782		Samsung Electronics Co Ltd		23,681,431
	13,229		Samsung Fire & Marine Insurance Co Ltd		2,823,642
	114,040		Samsung Heavy Industries Co Ltd		4,050,583
	82,156		Shinhan Financial Group Co Ltd		2,994,763
	63,352		Woongjin Coway Co Ltd		3,377,684
			TOTAL KOREA, REPUBLIC OF		79,025,919
LUXEMBOURG - 0.3%
	161,845		O’Key Group S.A. (GDR)		2,091,640
			TOTAL LUXEMBOURG		2,091,640
MACAU - 0.4%
	889,200		Wynn Macau Ltd		2,519,054
			TOTAL MACAU		2,519,054
MALAYSIA - 2.3%
	1,415,800		AirAsia BHD		1,377,075
	941,000		AMMB Holdings BHD		2,271,736
	1,171,900		Bumiputra-Commerce Holdings BHD		2,840,550

77

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
	585,400		Bursa Malaysia BHD	$	1,404,524
	1,416,800		Gamuda BHD		2,077,360
	401,158		Malaysia Airports Holdings BHD		833,479
	277,300		SP Setia BHD		285,506
	1,080,900		TM International BHD		2,261,229
	2,805,300		UEM Land Holdings BHD		2,315,500
			TOTAL MALAYSIA		15,666,959
MEXICO - 8.4%
	2,078,500	e	Alfa S.A. de C.V. (Class A)		5,335,892
	1,004,000		Alpek SAB de C.V.		2,273,252
	674,400		Alsea SAB de C.V.		1,842,717
	354,610	*	Cemex Latam Holdings S.A.		2,863,456
	5,743,739	*,e	Cemex S.A. de C.V.		6,619,392
	2,011,300	e	Compartamos SAB de C.V.		3,640,661
	870,200	*,e	Credito Real SAB de C.V.		1,492,715
	829,000		Fibra Uno Administracion S.A. de C.V.		2,646,128
	588,600	e	Fomento Economico Mexicano S.A. de C.V.		5,869,986
	1,081,100	*,e	Genomma Lab Internacional S.A. de C.V.		2,535,002
	1,693,100	*	Grupo Famsa SAB de C.V.		3,185,312
	963,180		Grupo Financiero Banorte S.A. de C.V.		6,119,439
	1,166,400		Grupo Mexico S.A. de C.V. (Series B)		3,593,419
	615,600		Grupo Televisa S.A.		3,328,922
	281,647	*,e	Infraestructura Energetica ,NV SAB de C.V.		1,115,100
	677,506	e	Mexichem SAB de C.V.		3,170,385
	994,810		TF Administradora Industrial S de RL de C.V.		2,074,865
			TOTAL MEXICO		57,706,643
PERU - 0.8%
	516,775		Alicorp S.A.		1,591,357
	44,902	m	Bolsa de Valores de Lima S.A.		168,623
	1,704,229		Ferreyros S.A.		1,005,715
	367,896		Grana y Montero S.A.		1,539,479
	43,027	*,e	Grana y Montero S.A. (ADR)		899,264
			TOTAL PERU		5,204,438
PHILIPPINES - 4.8%
	3,366,700		Alliance Global Group, Inc		2,036,743
	2,893,400	m	Ayala Land, Inc		2,001,968
	791,262		Banco de Oro Universal Bank		1,475,471
	5,534,600	*	Bloomberry Resorts Corp		1,516,620
	26,242,023		Century Properties Group, Inc		803,758
	1,484,000		Del Monte Pacific Ltd		1,025,931
	118,180		GT Capital Holdings, Inc		2,220,256
	1,554,390		International Container Term Services, Inc		3,280,274
	1,392,143		JG Summit Holdings (Series B)		1,346,352
	25,389,000		Megaworld Corp		1,891,678
	4,309,000	*	Melco Crown Philippines Resorts Corp		1,051,702
	16,619,200		Metro Pacific Investments Corp		2,065,658
	996,179		Metropolitan Bank & Trust		2,435,515
	62,760		Philippine Stock Exchange, Inc		563,947
	2,591,800		Robinsons Land Corp		1,358,387

78

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
	218,260		Semirara Mining Corp	$	1,250,592
	125,301		SM Investments Corp		2,740,573
	4,671,075		SM Prime Holdings		1,887,400
	752,730		Universal Robina		2,154,218
			TOTAL PHILIPPINES		33,107,043
POLAND - 1.0%
	14,065		Bank Zachodni WBK S.A.		1,429,955
	5,394		BRE Bank S.A.		724,373
	142,458		Eurocash S.A.		2,651,978
	16,553		Powszechny Zaklad Ubezpieczen S.A.		2,349,826
			TOTAL POLAND		7,156,132
PUERTO RICO - 0.2%
	70,237	*	EVERTEC, Inc		1,678,664
			TOTAL PUERTO RICO		1,678,664
RUSSIA - 7.3%
	99,758		Eurasia Drilling Co Ltd (GDR)		3,928,328
	1,131,566		Gazprom OAO (ADR)		8,744,283
	521,578		LSR Group OJSC (GDR)		2,206,275
	147,534		LUKOIL (ADR)		8,681,387
	119,774		Magnit OAO (GDR)		6,890,986
	106,582		MD Medical Group Investments plc (ADR)		1,705,312
	28,994		NovaTek OAO (GDR)		3,363,721
	922,543		Sberbank of Russian Federation (ADR)		10,590,511
	113,088	*	Yandex NV		3,675,360
			TOTAL RUSSIA		49,786,163
SINGAPORE - 1.8%
	1,838,000	e	Ezion Holdings Ltd		3,203,717
	282,000		Fraser and Neave Ltd		1,246,158
	267,000		Keppel Corp Ltd		2,173,339
	1,753,000		Parkson Retail Asia Ltd		2,154,000
	926,000		Petra Foods Ltd		2,943,235
	192,000		Super Coffeemix Manufacturing Ltd		726,545
			TOTAL SINGAPORE		12,446,994
SOUTH AFRICA - 3.7%
	158,248		Imperial Holdings Ltd		3,298,397
	292,681		MTN Group Ltd		5,479,462
	125,953		Naspers Ltd (N Shares)		10,533,703
	763,446		Sanlam Ltd		3,668,909
	47,932		Sasol Ltd		2,202,212
			TOTAL SOUTH AFRICA		25,182,683
SWITZERLAND - 0.5%
	126,658		Coca-Cola HBC AG.		3,283,100
			TOTAL SWITZERLAND		3,283,100

79

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
TAIWAN - 5.9%
	1,299,000		Epistar Corp	$	2,163,174
	885,000		Far EasTone Telecommunications Co Ltd		2,251,737
	784,000		FLEXium Interconnect, Inc		2,872,843
	98,410		Formosa International Hotels Corp		1,264,829
	932,190		Hon Hai Precision Industry Co, Ltd		2,413,730
	3,689,000		Inventec Co Ltd		2,782,241
	56,000		Largan Precision Co Ltd		1,944,785
	441,000		MediaTek, Inc		5,294,155
	318,000		Parade Technologies Ltd		2,323,644
	4,520,000		Taiwan Semiconductor Manufacturing Co Ltd		15,371,103
	282,000		Tong Hsing Electronic Industries Ltd		1,372,812
			TOTAL TAIWAN		40,055,053
THAILAND - 3.3%
	419,600		Advanced Info Service PCL		3,726,799
	4,398,700		Amata Corp PCL (Foreign)		2,375,119
	470,700		Bangkok Dusit Medical Services PCL (ADR)		2,203,544
	737,800		BEC World PCL (ADR)		1,449,948
	329,800		Kasikornbank PCL - (NVDR)		1,922,313
	4,115,510		Minor International PCL (Foreign)		3,019,759
	169,600		Siam Cement PCL (ADR)		2,480,250
	487,100		Siam Commercial Bank PCL		2,466,886
	149,800		Thai Stanley Electric PCL (ADR)		1,187,978
	895,900		Thai Union Frozen Products PCL (ADR)		1,610,466
			TOTAL THAILAND		22,443,062
TURKEY - 1.9%
	344,790		Aselsan Elektronik Sanayi Ve Ticaret AS		1,565,523
	119,343		Coca-Cola Icecek AS		3,353,526
	403,039		Haci Omer Sabanci Holding AS		2,014,880
	450,424		KOC Holding AS		1,986,225
	657,307		Turk Hava Yollari		2,760,180
	47,002		Turk Traktor ve Ziraat Makineleri AS		1,464,664
			TOTAL TURKEY		13,144,998
UKRAINE - 0.4%
	137,081		MHP SA (GDR)		2,438,671
			TOTAL UKRAINE		2,438,671
UNITED ARAB EMIRATES - 1.0%
	220,129	*	Al Noor Hospitals Group plc		2,344,099
	1,285,154		Emaar Properties PJSC		2,090,584
	613,507		First Gulf Bank PJSC		2,756,021
			TOTAL UNITED ARAB EMIRATES		7,190,704
UNITED KINGDOM - 1.5%
	1,073,600	*	Afren plc		2,222,705
	276,279	*,e	Ophir Energy plc		1,583,225
	83,967		SABMiller plc (Johannesburg)		4,088,738
	89,737	e	Standard Chartered plc (Hong Kong)		2,051,341
			TOTAL UNITED KINGDOM		9,946,009

80

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
UNITED STATES - 0.2%
	22,106		Yum! Brands, Inc	$	1,611,969
			TOTAL UNITED STATES		1,611,969
			TOTAL COMMON STOCKS		679,098,238
			(Cost $651,093,663)
PREFERRED STOCKS - 0.7%
BRAZIL - 0.7%
	125,060	*	Ambev Cia De Bebidas Das		4,714,932
			TOTAL BRAZIL		4,714,932
PHILIPPINES - 0.0%
	1,721,900	*,m	Ayala Land, Inc (Preferred B)		3,965
			TOTAL PHILIPPINES		3,965
			TOTAL PREFERRED STOCKS		4,718,897
			(Cost $4,830,731)
SHORT-TERM INVESTMENTS - 4.3%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 4.3%
	29,617,609	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		29,617,609
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		29,617,609
			TOTAL SHORT-TERM INVESTMENTS		29,617,609
			(Cost $29,617,609)
			TOTAL INVESTMENTS - 105.0%		718,064,523
			(Cost $689,735,423)
			OTHER ASSETS & LIABILITIES, NET - (5.0)%		(34,374,512	)
			NET ASSETS - 100.0%	$	683,690,011

	Abbreviation(s):
	ADR	American Depositary Receipt
	GDR	Global Depositary Receipt
	NVDR	Non Voting Depository Receipt
*	Non-income producing.
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $27,898,654.
m	Indicates a security that has been deemed illiquid.

81

TIAA-CREF LIFE FUNDS - Emerging Markets Equity Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2013

SECTOR	VALUE			% OF NET ASSETS
FINANCIALS	$	168,329,282			24.6	%
INFORMATION TECHNOLOGY		104,314,085			15.3
CONSUMER DISCRETIONARY		102,948,554			15.1
CONSUMER STAPLES		73,117,159			10.7
INDUSTRIALS		68,270,162			10.0
ENERGY		58,999,634			8.6
MATERIALS		56,196,666			8.2
TELECOMMUNICATION SERVICES		22,840,486			3.3
HEALTH CARE		18,347,744			2.7
UTILITIES		15,083,142			2.2
SHORT - TERM INVESTMENTS		29,617,609			4.3
OTHER ASSETS & LIABILITIES, NET		(34,374,512	)		(5.0	)
NET ASSETS	$	683,690,011			100.0	%

82

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

TIAA-CREF FUNDS
ENHANCED INTERNATIONAL EQUITY INDEX FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.7%
AUSTRALIA - 7.6%
	102,632	e	ALS Ltd	$	782,222
	182,024		Amcor Ltd		1,729,867
	540,386		Australia & New Zealand Banking Group Ltd		14,437,868
	100,296		BHP Billiton Ltd		3,135,726
	341,509		Brambles Ltd		2,784,407
	61,719		Coca-Cola Amatil Ltd		712,365
	52,729		Commonwealth Bank of Australia		3,514,680
	48,454		CSL Ltd		2,877,538
	1,009,478	e	Fortescue Metals Group Ltd		3,314,309
	1,263,617		Incitec Pivot Ltd		2,986,052
	15,732		National Australia Bank Ltd		441,438
	83,835		Orica Ltd		1,362,063
	28,223		Sonic Healthcare Ltd		363,189
	939,763	e	SP AusNet		996,190
	594,692		Telstra Corp Ltd		2,664,633
	3,690		Wesfarmers Ltd		134,491
	446,576		Westfield Group		4,504,044
	311,668		Westfield Retail Trust		842,370
	396,658		Westpac Banking Corp		11,003,593
	123,894		Woodside Petroleum Ltd		4,183,614
	204,540		Woolworths Ltd		6,125,257
			TOTAL AUSTRALIA		68,895,916
AUSTRIA - 0.4%
	77,055	*,e,m	Immoeast AG.		0
	52,562		OMV AG.		2,325,274
	43,944		Voestalpine AG.		1,685,846
			TOTAL AUSTRIA		4,011,120
BELGIUM - 1.2%
	37,130		Ageas		1,487,253
	91,860		InBev NV		8,833,377
	19,476		Telenet Group Holding NV		942,991
			TOTAL BELGIUM		11,263,621
CHINA - 0.1%
	143,500	e	AAC Technologies Holdings, Inc		667,722
			TOTAL CHINA		667,722
DENMARK - 0.8%
	127		AP Moller - Maersk AS (Class A)		939,233
	203		AP Moller - Maersk AS (Class B)		1,591,857
	28,476		Novo Nordisk AS (Class B)		4,831,409
	1,242		TrygVesta AS		112,576
			TOTAL DENMARK		7,475,075

83

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
FINLAND - 0.9%
	60,766		Kone Oyj (Class B)	$	4,525,741
	43,195	e	Neste Oil Oyj		624,170
	57,369		OKO Bank (Class A)		993,656
	301,135		Stora Enso Oyj (R Shares)		2,234,002
			TOTAL FINLAND		8,377,569
FRANCE - 9.9%
	39,573		Atos Origin S.A.		2,976,896
	558,160		AXA S.A.		12,302,638
	37,548		BNP Paribas		2,434,509
	113,200	e	Cap Gemini S.A.		6,191,338
	45,639		Electricite de France		1,337,817
	35,715		Gaz de France		749,097
	1,943		Imerys S.A.		128,465
	70,844	e	Lafarge S.A.		4,531,818
	91,084		Michelin (C.G.D.E.) (Class B)		9,133,661
	71,281	e	Publicis Groupe S.A.		5,750,657
	125,363		Renault S.A.		9,877,282
	108,641		Safran S.A.		6,379,884
	46,863		Sanofi-Aventis		4,905,793
	69,960		SCOR		2,229,416
	37,154		Thales S.A.		1,913,286
	151,343	*	Total S.A.		8,064,826
	203,467		Vinci S.A.		11,005,704
			TOTAL FRANCE		89,913,087
GERMANY - 8.9%
	91,034		Allianz AG.		14,185,955
	132,730		BASF AG.		11,763,653
	24,698		Bayer AG.		2,870,769
	11,386		Bayerische Motoren Werke AG.		1,114,448
	68,606		Continental AG.		10,803,318
	7,343		Daimler AG. (Reg)		509,395
	424,633		Deutsche Lufthansa AG.		8,509,528
	15,494		E.ON AG.		263,074
	38,361		Hannover Rueckversicherung AG.		2,849,169
	15,041		Kabel Deutschland Holding AG.		1,693,417
	58,409		Muenchener Rueckver AG.		11,598,435
	65,783	e	ProSiebenSat.1 Media AG.		2,693,660
	29,831		SAP AG.		2,185,760
	55,950		Siemens AG.		6,145,058
	247,601		Telefonica Deutschland Holding AG.		1,695,926
	55,587		United Internet AG.		1,815,667
	614		Volkswagen AG.		139,529
			TOTAL GERMANY		80,836,761
HONG KONG - 2.8%
	45,200	e	Bank of East Asia Ltd		169,437
	198,000	*,e	Galaxy Entertainment Group Ltd		1,042,147

84

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
	737,600		Henderson Land Development Co Ltd	$	4,593,876
	389,500		Hong Kong Electric Holdings Ltd		3,496,785
	260,000		Hysan Development Co Ltd		1,103,220
	2,568,000		Noble Group Ltd		1,804,254
	696,000		Sino Land Co		981,884
	1,348,000		SJM Holdings Ltd		3,375,235
	161,563		Sun Hung Kai Properties Ltd		2,153,720
	760,000		Wharf Holdings Ltd		6,530,052
			TOTAL HONG KONG		25,250,610
INDIA - 0.1%
	60,601		Vedanta Resources plc		1,072,858
			TOTAL INDIA		1,072,858
IRELAND - 0.1%
	6,831		CRH plc		143,553
	21,900		Ryanair Holdings plc (ADR)		1,128,288
			TOTAL IRELAND		1,271,841
ISRAEL - 0.5%
	116,580		Bank Hapoalim Ltd		557,481
	74,760	*	Bank Leumi Le-Israel		250,823
	232,473		Bezeq Israeli Telecommunication Corp Ltd		375,520
	343		Delek Group Ltd		96,321
	43,716		Israel Chemicals Ltd		348,602
	41	*	Israel Corp Ltd		19,221
	3,562	*	Mellanox Technologies Ltd		160,650
	3,176		Nice Systems Ltd		122,929
	60,612		Teva Pharmaceutical Industries Ltd		2,408,937
			TOTAL ISRAEL		4,340,484
ITALY - 1.7%
	283,582		Autostrade S.p.A.		5,398,792
	455,976		ENI S.p.A.		10,071,197
	2,946		Exor S.p.A.		97,121
			TOTAL ITALY		15,567,110
JAPAN - 21.3%
	40,200	e	Aeon Co Ltd		552,513
	104,300		Aisin Seiki Co Ltd		4,131,798
	29,700		Alfresa Holdings Corp		1,473,381
	724,000		Aozora Bank Ltd		2,236,582
	24,000		Asahi Kasei Corp		151,781
	87,600		Canon, Inc		2,701,948
	48,500		Central Japan Railway Co		5,941,316
	123,700		Chubu Electric Power Co, Inc		1,715,063
	394,000		Dai Nippon Printing Co Ltd		3,506,174
	97,000		Daicel Chemical Industries Ltd		834,899
	219,000	*,e	Daihatsu Motor Co Ltd		4,813,705
	30,300		Daiichi Sankyo Co Ltd		493,087
	2,900		Daito Trust Construction Co Ltd		264,985

85

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
	290,000	*	Daiwa Securities Group, Inc	$	2,460,126
	30,200		Denso Corp		1,370,829
	10,400		East Japan Railway Co		836,705
	15,000	e	FamilyMart Co Ltd		661,869
	735,000	*	Fuji Electric Holdings Co Ltd		2,745,972
	116,300		Fuji Folms Holdings Corp		2,548,195
	51,000		Fuji Heavy Industries Ltd		1,255,697
	15,800	*,e	Gree, Inc		128,130
	460	*,e	GungHo Online Entertainment Inc		374,499
	250,000		Hino Motors Ltd		3,831,152
	99,600		Hitachi Construction Machinery Co Ltd		1,959,439
	867,000		Hitachi Ltd		5,808,172
	19,500		Hokuriku Electric Power Co		281,216
	82,500		Honda Motor Co Ltd		3,055,887
	204,200	*	Hoya Corp		4,400,840
	209,000		Isuzu Motors Ltd		1,481,892
	159	*	Japan Retail Fund Investment Corp		313,092
	204,500		Japan Tobacco, Inc		7,139,264
	14,000		JGC Corp		493,467
	419,000		Kajima Corp		1,472,446
	194,000		Kaneka Corp		1,311,887
	57,100		KDDI Corp		3,159,294
	208,000		Kirin Brewery Co Ltd		3,075,304
	149,200		Komatsu Ltd		3,321,707
	234,400		Kuraray Co Ltd		3,196,894
	87,500		Mediceo Paltac Holdings Co Ltd		1,085,347
	211,000		Mitsubishi Heavy Industries Ltd		1,132,927
	633,000		Mitsubishi Materials Corp		2,226,655
	299,400		Mitsubishi UFJ Financial Group, Inc		1,857,180
	31,600		Mitsui Sumitomo Insurance Group Holdings, Inc		817,848
	245,000		Mitsui Trust Holdings, Inc		1,126,771
	4,905,900		Mizuho Financial Group, Inc		10,203,390
	141,900		Namco Bandai Holdings, Inc		2,295,666
	136,800	*	Nexon Co Ltd		1,727,026
	33	*	Nippon Building Fund, Inc		358,690
	71,000		Nippon Electric Glass Co Ltd		381,379
	729,000		Nippon Express Co Ltd		3,440,397
	73,700		Nippon Telegraph & Telephone Corp		3,718,199
	243,100		Nissan Motor Co Ltd		2,538,494
	83,100		NOK Corp		1,321,884
	451,200	*	Nomura Holdings, Inc		3,427,887
	8,500		Nomura Research Institute Ltd		278,188
	1,122		NTT DoCoMo, Inc		1,708,894
	692,000		OJI Paper Co Ltd		2,948,098
	124,600	*	ORIX Corp		1,849,209
	355,000		Osaka Gas Co Ltd		1,502,574
	116,900		Otsuka Holdings KK		3,773,603
	16,400		Park24 Co Ltd		301,913
	115,900		Resona Holdings, Inc		575,070
	102,000		Ricoh Co Ltd		1,145,073
	26,300		Secom Co Ltd		1,447,551
	70,000		Sekisui Chemical Co Ltd		701,717

86

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
	202,000		Sekisui House Ltd	$	2,606,321
	20,700		Seven & I Holdings Co Ltd		779,797
	94,000		Shionogi & Co Ltd		1,906,817
	27,900		Softbank Corp		1,770,991
	43,500	*	Sony Corp		913,281
	258,300		Sumitomo Mitsui Financial Group, Inc		11,800,749
	165,600	e	Sumitomo Rubber Industries, Inc		2,755,662
	8,100		Sysmex Corp		522,362
	259,900		T&D Holdings, Inc		3,282,619
	15,200		Taisho Pharmaceutical Holdings Co Ltd		1,035,364
	17,100		Tanabe Seiyaku Co Ltd		230,349
	3,000		Terumo Corp		151,688
	508,000		Tokyo Gas Co Ltd		2,792,407
	162,000		Tokyu Corp		1,052,179
	230,000		TonenGeneral Sekiyu KK		2,224,280
	180,000		Toppan Printing Co Ltd		1,221,559
	92,000		Toto Ltd		937,914
	107,500		Toyo Seikan Kaisha Ltd		1,776,328
	36,400		Toyoda Gosei Co Ltd		893,543
	207,000	*	Toyota Motor Corp		12,596,084
	22,100	e	Tsumura & Co		629,518
	68,300		West Japan Railway Co		2,884,014
			TOTAL JAPAN		194,156,663
MACAU - 0.2%
	731,600		MGM China Holdings Ltd		2,108,131
			TOTAL MACAU		2,108,131
MEXICO - 0.0%
	17,693		Fresnillo plc		277,843
			TOTAL MEXICO		277,843
NETHERLANDS - 4.3%
	29,546		Heineken Holding NV		1,853,395
	439,309		Koninklijke Ahold NV		7,237,542
	270,314		Royal Dutch Shell plc (A Shares)		9,223,428
	217,653		Royal Dutch Shell plc (B Shares)		7,698,474
	251,591		Unilever NV		10,094,193
	72,596		Ziggo NV		2,889,373
			TOTAL NETHERLANDS		38,996,405
NEW ZEALAND - 0.1%
	719,534		Telecom Corp of New Zealand Ltd		1,294,096
			TOTAL NEW ZEALAND		1,294,096
NORWAY - 1.2%
	192,583		Telenor ASA		4,265,076
	138,609		Yara International ASA		6,220,433
			TOTAL NORWAY		10,485,509

87

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
SINGAPORE - 1.5%
	965,000		ComfortDelgro Corp Ltd	$	1,518,940
	243,000		DBS Group Holdings Ltd		3,188,868
	251,000		Keppel Corp Ltd		2,043,101
	418,000		Oversea-Chinese Banking Corp		3,470,297
	32,000	e	Singapore Airlines Ltd		254,413
	309,000		Singapore Exchange Ltd		1,852,637
	18,000		United Overseas Bank Ltd		303,645
	203,000		United Overseas Land Ltd		1,115,000
			TOTAL SINGAPORE		13,746,901
SPAIN - 2.9%
	255,933		Abertis Infraestructuras S.A. (Continuous)		4,752,402
	20,813		Banco Bilbao Vizcaya Argentaria S.A.		197,369
	143,230		Banco Santander Central Hispano S.A.		1,047,857
	604,752		Distribuidora Internacional de Alimentacion S.A.		5,004,455
	237,697		Enagas		5,873,812
	347,111		Gas Natural SDG S.A.		7,066,965
	113,214		Repsol YPF S.A.		2,713,411
			TOTAL SPAIN		26,656,271
SWEDEN - 3.0%
	271,255		Ericsson (LM) (B Shares)		3,206,317
	291,198		Nordea Bank AB		3,691,088
	673,139		Skandinaviska Enskilda Banken AB (Class A)		7,430,383
	279,689		Swedbank AB (A Shares)		6,741,977
	11,011		Swedish Match AB		411,826
	754,039		TeliaSonera AB		5,453,832
			TOTAL SWEDEN		26,935,423
SWITZERLAND - 8.8%
	31,291		Actelion Ltd		2,079,496
	227,104		Glencore International AG.		959,094
	248,479		Nestle S.A.		16,817,704
	279,759		Novartis AG.		20,110,969
	87,495		Roche Holding AG.		21,531,555
	24,028		Swiss Life Holding		4,311,838
	118,191		Swiss Re Ltd		9,423,607
	7,771		Swisscom AG.		3,473,960
	2,055		Syngenta AG.		812,572
	27,588		UBS AG. (Switzerland)		543,236
			TOTAL SWITZERLAND		80,064,031
UNITED KINGDOM - 20.0%
	635,841		Aberdeen Asset Management plc		3,721,562
	63,413		Admiral Group plc		1,353,970
	124,692		ARM Holdings plc		1,673,150
	219,156		AstraZeneca plc (ADR)		11,115,592
	959,559		BAE Systems plc		6,507,481
	929,416		Barclays plc		4,060,603

88

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
	6,354		BG Group plc	$	114,576
	461,447		BHP Billiton plc		13,208,668
	387,411		BP plc (ADR)		16,054,312
	123,589		British American Tobacco plc		6,593,074
	248,197		British Sky Broadcasting plc		3,126,721
	1,593,812		BT Group plc		8,246,673
	182,472		Centrica plc		1,084,830
	168,491		Cobham plc		738,172
	54,485		Croda International plc		2,080,974
	299,745		Diageo plc		9,393,653
	750,905		GKN plc		3,993,531
	226,993		GlaxoSmithKline plc		5,807,305
	991,216		HSBC Holdings plc		11,253,725
	73,184		IMI plc		1,528,593
	534,819	*,e	International Consolidated Airlines		2,372,273
	586,989		J Sainsbury plc		3,517,550
	2,045,327		Legal & General Group plc		6,002,089
	42,692		London Stock Exchange Group plc		1,018,738
	644,108		National Grid plc		7,697,947
	45,077		Next plc		3,421,344
	1,780,888		Old Mutual plc		5,259,525
	583,075		Prudential plc		10,355,300
	145,826		Reckitt Benckiser Group plc		10,381,433
	358,667		Reed Elsevier plc		4,642,524
	236,140		Rolls-Royce Group plc		4,210,162
	207,095		Tate & Lyle plc		2,645,516
	38,556		Unilever plc		1,565,700
	214,643		Vodafone Group plc (ADR)		6,428,558
	18,118		Weir Group plc		592,753
	16,445		William Hill plc		121,681
			TOTAL UNITED KINGDOM		181,890,258
UNITED STATES - 0.4%
	65,000	d	iShares MSCI EAFE Index Fund		3,924,050
			TOTAL UNITED STATES		3,924,050
			TOTAL COMMON STOCKS		899,479,355
			(Cost $803,578,572)
RIGHTS / WARRANTS - 0.0%
AUSTRALIA - 0.0%
	9,329	e	ALS Ltd		5,786
			TOTAL AUSTRALIA		5,786
SPAIN - 0.0%
	165,117	e	Banco Santander S.A.		36,605
			TOTAL SPAIN		36,605
			TOTAL RIGHTS / WARRANTS		42,391
			(Cost $32,370)

89

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
SHORT-TERM INVESTMENTS - 2.0%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 2.0%
	18,631,110	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	18,631,110
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		18,631,110
			TOTAL SHORT-TERM INVESTMENTS		18,631,110
			(Cost $18,631,110)
			TOTAL INVESTMENTS - 100.7%		918,152,856
			(Cost $822,242,052)
			OTHER ASSETS & LIABILITIES, NET - (0.7)%		(6,708,952	)
			NET ASSETS - 100.0%	$	911,443,904

	Abbreviation(s):
	ADR     American Depositary Receipt
*	Non-income producing.
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of this security has been segregated to cover margin or other requirements on open futures transactions.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $17,921,608.
m	Indicates a security that has been deemed illiquid.

90

TIAA-CREF LIFE FUNDS - Enhanced International Equity Index Fund

TIAA-CREF FUNDS
ENHANCED INTERNATIONAL EQUITY INDEX FUND
SUMMARY OF MARKET VALUES BY SECTOR (unaudited)
July 31, 2013

SECTOR	VALUE			% OF NET ASSETS
FINANCIALS	$	230,253,381			25.3	%
INDUSTRIALS		113,959,162			12.5
CONSUMER DISCRETIONARY		107,222,132			11.8
CONSUMER STAPLES		103,530,278			11.4
HEALTH CARE		90,204,068			9.9
MATERIALS		70,462,161			7.7
ENERGY		63,393,883			7.0
TELECOMMUNICATION SERVICES		47,145,025			5.2
INFORMATION TECHNOLOGY		38,493,879			4.2
UTILITIES		34,857,777			3.8
SHORT - TERM INVESTMENTS		18,631,110			2.0
OTHER ASSETS & LIABILITIES, NET		(6,708,952	)		(0.7	)
NET ASSETS	$	911,443,904			100.0	%

91

TIAA-CREF FUNDS - Global Natural Resources Fund

TIAA-CREF FUNDS

GLOBAL NATURAL RESOURCES FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 96.3%
AUSTRALIA - 6.4%
	338,189		BHP Billiton Ltd	$	10,573,383
	1,560,165	e	Fortescue Metals Group Ltd		5,122,319
	332,203	e	Iluka Resources Ltd		3,284,896
	90,964		Newcrest Mining Ltd		1,001,957
			TOTAL AUSTRALIA		19,982,555
CANADA - 4.1%
	15,936		Agrium, Inc (Toronto)		1,352,023
	771,042	*	Ainsworth Lumber Co Ltd		2,552,374
	47,777		Imperial Oil Ltd		2,049,978
	47,000		Saputo, Inc		2,174,511
	45,547	*	Tourmaline Oil Corp		1,755,628
	50,867	e	Vermilion Energy Trust		2,728,325
			TOTAL CANADA		12,612,839
CHINA - 2.3%
	700,000		China Oilfield Services Ltd		1,573,933
	700,000	*	China Shenhua Energy Co Ltd		2,020,473
	1,185,000		CNOOC Ltd		2,141,684
	2,210,000		Zhaojin Mining Industry Co Ltd		1,483,685
			TOTAL CHINA		7,219,775
COLOMBIA - 1.0%
	66,300	e	Ecopetrol S.A. (ADR)		3,022,617
			TOTAL COLOMBIA		3,022,617
GERMANY - 0.9%
	38,938		Fuchs Petrolub AG. (Preference)		2,905,627
			TOTAL GERMANY		2,905,627
INDIA - 1.4%
	197,777	*	Britannia Industries Ltd		2,273,923
	82,566		Kaveri Seed Co Ltd		2,027,653
			TOTAL INDIA		4,301,576
INDONESIA - 2.4%
	10,322,000		PT Charoen Pokphand Indonesia Tbk		4,315,064
	5,279,000		PT Perusahaan Gas Negara		3,031,619
			TOTAL INDONESIA		7,346,683
JAPAN - 2.0%
	59,400		JFE Holdings, Inc		1,339,805
	1,336,000		Nippon Steel Corp		3,876,040
	224,000	e	OJI Paper Co Ltd		954,298
			TOTAL JAPAN		6,170,143

92

TIAA-CREF FUNDS - Global Natural Resources Fund

SHARES			COMPANY	VALUE
KOREA, REPUBLIC OF - 0.6%
	6,962		Korea Zinc Co Ltd	$	1,780,619
			TOTAL KOREA, REPUBLIC OF		1,780,619
MALAYSIA - 1.6%
	411,400		Kuala Lumpur Kepong BHD		2,688,557
	290,700		Petronas Dagangan BHD		2,401,591
			TOTAL MALAYSIA		5,090,148
MEXICO - 2.4%
	245,683		Fresnillo plc		3,858,100
	1,077,700		Kimberly-Clark de Mexico S.A. de C.V. (Class A)		3,543,747
			TOTAL MEXICO		7,401,847
NORWAY - 1.0%
	66,201		Yara International ASA		2,970,939
			TOTAL NORWAY		2,970,939
POLAND - 1.2%
	106,273		KGHM Polska Miedz S.A.		3,682,538
			TOTAL POLAND		3,682,538
RUSSIA - 0.8%
	22,557		NovaTek OAO (GDR)		2,616,936
			TOTAL RUSSIA		2,616,936
SOUTH AFRICA - 1.2%
	52,182		Assore Ltd		1,759,587
	45,622	e	Kumba Iron Ore Ltd		2,020,248
			TOTAL SOUTH AFRICA		3,779,835
SWITZERLAND - 5.0%
	39,587		Syngenta AG.		15,653,174
			TOTAL SWITZERLAND		15,653,174
TURKEY - 1.1%
	252,793		Koza Altin Isletmeleri AS		3,484,982
			TOTAL TURKEY		3,484,982
UKRAINE - 0.6%
	102,575		MHP SA (GDR)		1,824,809
			TOTAL UKRAINE		1,824,809
UNITED ARAB EMIRATES - 1.0%
	336,671		Dragon Oil plc		3,167,151
			TOTAL UNITED ARAB EMIRATES		3,167,151

93

TIAA-CREF FUNDS - Global Natural Resources Fund

SHARES			COMPANY	VALUE
UNITED KINGDOM - 9.3%
	291,699		Antofagasta plc	$	3,913,040
	261,695		BG Group plc		4,718,926
	419,128		BHP Billiton plc		11,997,310
	182,960		Rio Tinto plc		8,233,252
			TOTAL UNITED KINGDOM		28,862,528
UNITED STATES - 50.0%
	43,476		Alliance Holdings GP LP		2,762,900
	34,445		Anadarko Petroleum Corp		3,049,071
	177,852		Archer Daniels Midland Co		6,486,262
	64,245		Ball Corp		2,877,534
	52,214		Cabot Oil & Gas Corp		3,958,865
	33,083		CF Industries Holdings, Inc		6,484,599
	106,264		Chevron Corp		13,377,575
	35,988		Cimarex Energy Co		2,750,563
	199,082	e	Cliffs Natural Resources, Inc		3,884,090
	71,777	*	Cobalt International Energy, Inc		2,070,766
	9,148		Compass Minerals International, Inc		691,589
	14,708	*	Concho Resources, Inc		1,319,161
	70,496		ConocoPhillips		4,572,371
	70,247		Consol Energy, Inc		2,179,764
	45,213	*	Continental Resources, Inc		4,173,160
	19,619		Core Laboratories NV		2,935,002
	34,808		EOG Resources, Inc		5,064,216
	22,481		Equitable Resources, Inc		1,944,606
	121,105		Exxon Mobil Corp		11,353,594
	48,172		FMC Corp		3,187,060
	448,621	*	Graphic Packaging Holding Co		3,858,141
	40,295		International Paper Co		1,946,651
	54,434		Kapstone Paper and Packaging Corp		2,397,818
	42,156		LyondellBasell Industries AF S.C.A		2,896,539
	59,777		Magellan Midstream Partners LP		3,268,606
	157,541		Monsanto Co		15,561,900
	60,110		Mosaic Co		2,469,920
	14,196		NewMarket Corp		3,869,262
	167,537		Newmont Mining Corp		5,026,110
	75,946	*	Oasis Petroleum, Inc		3,192,770
	57,527		Occidental Petroleum Corp		5,122,779
	74,213		Packaging Corp of America		3,991,917
	25,793		Pioneer Natural Resources Co		3,991,725
	20,000		Plum Creek Timber Co, Inc		975,600
	31,638		Potlatch Corp		1,393,021
	36,222		Rayonier, Inc		2,116,814
	6,568		Rock-Tenn Co (Class A)		751,051
	156,978		Southern Copper Corp (NY)		4,092,416
	27,896		Tractor Supply Co		3,379,042
			TOTAL UNITED STATES		155,424,830
			TOTAL COMMON STOCKS		299,302,151
			(Cost $287,544,954)

94

TIAA-CREF FUNDS - Global Natural Resources Fund

SHARES			COMPANY	VALUE
SHORT-TERM INVESTMENTS - 6.3%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 6.3%
	19,494,295	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	19,494,295
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		19,494,295
			TOTAL SHORT-TERM INVESTMENTS		19,494,295
			(Cost $19,494,295)
			TOTAL INVESTMENTS - 102.6%		318,796,446
			(Cost $307,039,249)
			OTHER ASSETS & LIABILITIES, NET - (2.6)%		(8,028,333	)
			NET ASSETS - 100.0%	$	310,768,113

	Abbreviation(s):
	ADR    American Depositary Receipt
	GDR    Global Depositary Receipt
*	Non-income producing.
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $18,701,097.

95

TIAA-CREF LIFE FUNDS - Global Natural Resources Fund

TIAA-CREF FUNDS

GLOBAL NATURAL RESOURCES FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2013

				% OF
SECTOR		VALUE		NET ASSETS
MATERIALS	$	157,786,793			50.8	%
ENERGY		105,284,736			33.9
CONSUMER STAPLES		25,334,526			8.2
FINANCIALS		4,485,435			1.4
CONSUMER DISCRETIONARY		3,379,042			1.1
UTILITIES		3,031,619			1.0
SHORT - TERM INVESTMENTS		19,494,295			6.3
OTHER ASSETS & LIABILITIES, NET		(8,028,333	)		(2.6	)
NET ASSETS	$	310,768,113			100.0	%

96

TIAA-CREF FUNDS - International Equity Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.0%
FRANCE - 12.8%
	113,463		Atos Origin S.A.	$	8,535,303
	1,967,098		BNP Paribas		127,541,207
	680,044	*	Compagnie Generale d’Optique Essilor International S.A.		76,108,477
	974,231	e	Faurecia		25,716,791
	142,480		Nexity		5,628,310
	1,899,949		Renault S.A.		149,695,941
	362,123		Rexel S.A.		8,807,688
	56,804	e	Technip S.A.		6,267,668
	286,255		Vinci S.A.		15,483,778
			TOTAL FRANCE		423,785,163
GERMANY - 15.1%
	1,334,770		Bayer AG.		155,146,822
	286,655		Continental AG.		45,139,276
	1,304,697		Deutsche Post AG.		36,484,560
	1,341,525	*	Evonik Industries AG.		46,544,911
	746,913		Henkel KGaA (Preference)		73,009,986
	10,639,813		Infineon Technologies AG.		94,416,581
	801,465	e	Lanxess AG.		50,166,799
			TOTAL GERMANY		500,908,935
HONG KONG - 0.3%
	2,907,000	e	Hang Lung Properties Ltd		9,410,318
	18,477	e	Hong Kong Exchanges and Clearing Ltd		287,087
			TOTAL HONG KONG		9,697,405
INDIA - 4.1%
	180,702		Eicher Motors Ltd		10,369,451
	5,417,537		HDFC Bank Ltd		54,349,869
	3,462,530		IndusInd Bank Ltd		22,046,195
	7,021,660	*	Mahindra & Mahindra Financial Services Ltd		26,989,148
	10,631,527	*	Mundra Port and Special Economic Zone Ltd		21,889,289
			TOTAL INDIA		135,643,952
INDONESIA - 0.7%
	38,218,500		PT Indofood Sukses Makmur Tbk		24,122,205
			TOTAL INDONESIA		24,122,205
ITALY - 0.6%
	3,450,281		UniCredit S.p.A		18,846,486
			TOTAL ITALY		18,846,486

97

TIAA-CREF FUNDS - International Equity Fund

SHARES			COMPANY	VALUE
JAPAN - 16.1%
	2,243,400		Asics Corp	$	37,685,139
	1,161,000		Canon, Inc		35,810,065
	60,000		Daikin Industries Ltd		2,492,800
	1,010,000		Daiwa House Industry Co Ltd		18,549,434
	277,858		Denso Corp		12,612,445
	319,100	*	Don Quijote Co Ltd		16,690,021
	4,950	*	Fanuc Ltd		749,492
	98,700	e	Fast Retailing Co Ltd		33,709,331
	5,017,000		Hitachi Ltd		33,609,688
	35,997		Kao Corp		1,152,702
	26,830		Komatsu Ltd		597,328
	11,391,000	*	Mazda Motor Corp		47,460,672
	33,257		Mitsubishi Corp		605,907
	250,984		Mitsubishi Electric Corp		2,433,862
	377,000		Mitsubishi Heavy Industries Ltd		2,024,235
	1,288,347		Mitsubishi UFJ Financial Group, Inc		7,991,624
	25,000		Mitsui Trust Holdings, Inc		114,977
	60,947		Nomura Holdings, Inc		463,031
	4,264,275	*,e	Olympus Corp		130,333,080
	844,100		Rohm Co Ltd		32,541,363
	606,250		Shin-Etsu Chemical Co Ltd		37,769,632
	24,050		Sony Corp		504,929
	76,150		Sumitomo Corp		1,017,690
	8,971,000		Sumitomo Heavy Industries Ltd		41,625,766
	17,000		Sumitomo Metal Mining Co Ltd		221,584
	14,000		Suruga Bank Ltd		248,458
	523,700		Toyota Motor Corp		31,867,484
	67,100		United Arrows Ltd		3,033,479
			TOTAL JAPAN		533,916,218
MACAU - 1.5%
	17,976,400	e	Wynn Macau Ltd		50,926,133
			TOTAL MACAU		50,926,133
MEXICO - 0.1%
	335,800	e	Grupo Financiero Banorte S.A. de C.V.		2,133,462
			TOTAL MEXICO		2,133,462
NETHERLANDS - 2.4%
	7,611,988	*	ING Groep NV		77,695,104
	11,200		Royal Dutch Shell plc (A Shares)		382,157
			TOTAL NETHERLANDS		78,077,261
PORTUGAL - 0.3%
	476,190		Jeronimo Martins SGPS S.A.		9,408,188
			TOTAL PORTUGAL		9,408,188
SINGAPORE - 0.3%
	7,765,000	e	Genting International plc		8,099,063
			TOTAL SINGAPORE		8,099,063

98

TIAA-CREF FUNDS - International Equity Fund

SHARES			COMPANY	RATE		MATURITY DATE		VALUE
SWEDEN - 8.4%
	674,346		Assa Abloy AB (Class B)				$	29,898,107
	7,074,475	e	SKF AB (B Shares)					196,352,968
	2,932,817		Trelleborg AB (B Shares)					51,582,648
			TOTAL SWEDEN					277,833,723
SWITZERLAND - 13.5%
	2,181,744	e	Adecco S.A.					138,713,926
	125,954		Burckhardt Compression Holding AG.					50,289,052
	6,084,466		Clariant AG.					95,117,275
	1,116,643	e	Holcim Ltd					80,779,945
	534,742		Novartis AG.					38,440,871
	189,136		Swatch Group AG. Reg					19,530,589
	1,204,982		UBS AG. (Switzerland)					23,727,324
			TOTAL SWITZERLAND					446,598,982
UNITED KINGDOM - 21.8%
	100,259	*	Afren plc					207,569
	1,385,179		Barclays plc					6,051,825
	217,976		BG Group plc					3,930,578
	5,363,285		British Sky Broadcasting plc					67,565,272
	3,396,329		Drax Group plc					33,180,359
	6,485,563	*	Filtrona plc					76,513,866
	106,553,953	*	Lloyds TSB Group plc					110,940,412
	37,304,713	e	Man Group plc					45,383,502
	12,579,824	*	Ocado Ltd					58,846,465
	813,754		Reckitt Benckiser Group plc					57,931,594
	4,561,132		Reed Elsevier plc					59,038,514
	24,368		Rio Tinto plc					1,096,567
	12,490,466		Tate & Lyle plc					159,558,286
	1,309,073		Travis Perkins plc					33,872,814
	143,070		Whitbread plc					7,036,403
			TOTAL UNITED KINGDOM					721,154,026
			TOTAL COMMON STOCKS					3,241,151,202
			(Cost $2,928,104,940)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 4.6%
TREASURY DEBT - 0.2%
$	5,000,000		United States Treasury Bill		0.020%	08/08/13		4,999,981
			TOTAL TREASURY DEBT					4,999,981

99

TIAA-CREF FUNDS - International Equity Fund

SHARES			COMPANY	VALUE
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 4.4%
	146,952,807	a,c	TIAA-CREF Short Term Lending Portfolio of the State Street
			Navigator Securities Lending Trust	$	146,952,807
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		146,952,807
			TOTAL SHORT-TERM INVESTMENTS		151,952,788
			(Cost $151,952,788)
			TOTAL INVESTMENTS - 102.6%		3,393,103,990
			(Cost $3,080,057,728)
			OTHER ASSETS & LIABILITIES, NET - (2.6)%		(84,939,250	)
			NET ASSETS - 100.0%	$	3,308,164,740

*	Non-income producing.
a	Affiliated holding.
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $140,533,388.

100

TIAA-CREF LIFE FUNDS - International Equity Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2013

SECTOR	VALUE			% OF NET ASSETS
CONSUMER DISCRETIONARY	$	680,786,257			20.6	%
INDUSTRIALS		645,291,361			19.5
FINANCIALS		552,769,463			16.7
HEALTH CARE		400,029,250			12.1
MATERIALS		388,210,579			11.7
CONSUMER STAPLES		325,182,961			9.8
INFORMATION TECHNOLOGY		204,913,000			6.2
UTILITIES		33,180,359			1.0
ENERGY		10,787,972			0.3
SHORT - TERM INVESTMENTS		151,952,788			4.6
OTHER ASSETS & LIABILITIES, NET		(84,939,250	)		(2.6	)
NET ASSETS	$	3,308,164,740			100.0	%

101

TIAA-CREF FUNDS - International Opportunities Fund

TIAA-CREF FUNDS

INTERNATIONAL OPPORTUNITIES FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.9%
AUSTRALIA - 3.4%
	85,534		Australia & New Zealand Banking Group Ltd	$	2,285,271
	95,228		BHP Billiton Ltd		2,977,276
	105,628	e	Iluka Resources Ltd		1,044,473
	34,003		National Australia Bank Ltd		954,120
	246,028		Westfield Group		2,481,372
			TOTAL AUSTRALIA		9,742,512
BELGIUM - 0.8%
	39,420		UCB S.A.		2,269,831
			TOTAL BELGIUM		2,269,831
BRAZIL - 2.8%
	405,300		Anhanguera Educacional Participacoes S.A.		2,457,010
	239,000		BTG Pactual Participations Ltd		2,887,255
	62,200		Cia Brasileira de Distribuicao Grupo Pao de Acucar		2,758,901
			TOTAL BRAZIL		8,103,166
CANADA - 5.6%
	43,533		Barrick Gold Corp (Canada)		720,534
	53,982	*	BRP, Inc		1,451,643
	23,181		Canadian National Railway Co		2,316,972
	44,823		Dollarama, Inc		3,235,059
	32,722	e	Royal Bank of Canada (Toronto)		2,044,050
	81,662		Suncor Energy, Inc		2,580,809
	31,180		Toronto-Dominion Bank		2,627,729
	28,950	*	Tourmaline Oil Corp		1,115,890
			TOTAL CANADA		16,092,686
CHINA - 2.6%
	2,643,000	e	China Everbright International Ltd		2,406,401
	1,490,000	e	Prince Frog International Holdings Ltd		975,511
	59,800		Tencent Holdings Ltd		2,707,027
	3,401,000	*	Xinchen China Power Holdings Ltd		1,204,688
			TOTAL CHINA		7,293,627
DENMARK - 1.3%
	21,650		Novo Nordisk AS (Class B)		3,673,269
			TOTAL DENMARK		3,673,269
FINLAND - 0.6%
	133,193	e	Outotec Oyj		1,616,035
			TOTAL FINLAND		1,616,035

102

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY	VALUE
FRANCE - 4.7%
	51,771		BNP Paribas	$	3,356,689
	173,897	*	GameLoft		1,408,884
	11,639		L’Oreal S.A.		1,951,062
	12,113		Remy Cointreau S.A.		1,254,367
	21,650		Technip S.A.		2,388,829
	62,458		Teleperformance		3,027,621
			TOTAL FRANCE		13,387,452
GERMANY - 2.9%
	20,351		Allianz AG.		3,171,325
	32,712		Beiersdorf AG.		3,025,012
	72,371		Wirecard AG.		2,232,197
			TOTAL GERMANY		8,428,534
HONG KONG - 2.1%
	730,200		AIA Group Ltd		3,456,283
	536,000		Link Real Estate Investment Trust		2,617,231
			TOTAL HONG KONG		6,073,514
INDIA - 0.6%
	32,216	*,e	iPath MSCI India Index ETN		1,673,621
			TOTAL INDIA		1,673,621
INDONESIA - 1.6%
	18,487,000		PT Express Transindo Utama Tbk		2,841,993
	14,348,000	*	PT Lippo Karawaci Tbk		1,784,737
			TOTAL INDONESIA		4,626,730
IRELAND - 2.8%
	121,075		CRH plc		2,544,382
	32,712		Paddy Power plc		2,647,224
	141,428		Smurfit Kappa Group plc		2,860,212
			TOTAL IRELAND		8,051,818
ISRAEL - 0.8%
	54,355		Teva Pharmaceutical Industries Ltd (ADR)		2,157,894
			TOTAL ISRAEL		2,157,894
ITALY - 3.9%
	100,723		Brunello Cucinelli S.p.A		2,729,488
	168,490		De’Longhi S.p.A.		2,691,347
	101,091		Lottomatica S.p.A.		2,806,099
	107,424	*	Yoox S.p.A		2,821,871
			TOTAL ITALY		11,048,805
JAPAN - 14.0%
	471,000		Aozora Bank Ltd		1,455,014
	86,400		Bridgestone Corp		3,059,147
	246,000		Daiwa Securities Group, Inc		2,086,865
	119,000		Fuji Heavy Industries Ltd		2,929,959

103

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY	VALUE
	41,900	e	Jin Co Ltd	$	1,665,685
	74,600		Komatsu Ltd		1,660,854
	517,000	*	Mitsui OSK Lines Ltd		1,988,028
	92,100	e	MonotaRO Co Ltd		2,130,885
	204,000		Okasan Holdings, Inc		1,758,380
	12,800		Oriental Land Co Ltd		2,082,751
	192,200	*,e	ORIX Corp		2,852,472
	136,000		Park24 Co Ltd		2,503,669
	55,100		Sanrio Co Ltd		2,684,010
	53,300		Seria Co Ltd		1,703,256
	56,200		Sumitomo Mitsui Financial Group, Inc		2,567,565
	91,500		Toyota Motor Corp		5,567,834
	182,600		Wacom Co Ltd		1,471,072
			TOTAL JAPAN		40,167,446
KOREA, REPUBLIC OF - 2.4%
	22,032		Medy-Tox, Inc		2,300,700
	4,117		Samsung Electronics Co Ltd		4,691,389
			TOTAL KOREA, REPUBLIC OF		6,992,089
MACAU - 0.7%
	699,600		Wynn Macau Ltd		1,981,928
			TOTAL MACAU		1,981,928
MALAYSIA - 0.6%
	1,377,600	*	IHH Healthcare BHD		1,697,794
			TOTAL MALAYSIA		1,697,794
NETHERLANDS - 4.1%
	43,533		DSM NV		3,059,458
	23,181		Gemalto NV		2,427,680
	316,771	*	ING Groep NV		3,233,263
	91,192		Royal Dutch Shell plc (A Shares)		3,111,577
			TOTAL NETHERLANDS		11,831,978
NORWAY - 3.4%
	38,120	*	Algeta ASA		1,558,249
	232,380		DNB NOR Holding ASA		3,865,742
	45,089	*	Norwegian Air Shuttle AS		2,007,314
	171,597		Petroleum Geo-Services ASA		2,306,160
			TOTAL NORWAY		9,737,465
PANAMA - 1.0%
	19,787		Copa Holdings S.A. (Class A)		2,753,757
			TOTAL PANAMA		2,753,757
PHILIPPINES - 1.9%
	37,012,200	*	Megaworld Corp		2,757,696
	6,707,100		SM Prime Holdings		2,710,078
			TOTAL PHILIPPINES		5,467,774

104

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY	VALUE
POLAND - 1.0%
	156,504		Eurocash S.A.	$	2,913,456
			TOTAL POLAND		2,913,456
RUSSIA - 1.6%
	210,730		Gazprom OAO (ADR)		1,628,436
	52,222		Magnit OAO (GDR)		3,004,501
			TOTAL RUSSIA		4,632,937
SINGAPORE - 0.9%
	2,475,000	e	Genting International plc		2,581,478
			TOTAL SINGAPORE		2,581,478
SOUTH AFRICA - 0.7%
	570,829		Life Healthcare Group Holdings Pte Ltd		2,080,049
			TOTAL SOUTH AFRICA		2,080,049
SPAIN - 1.9%
	87,662		Amadeus IT Holding S.A.		3,014,900
	237,975		Prosegur Cia de Seguridad S.A.		1,227,574
	27,322	e	Tecnicas Reunidas S.A.		1,246,679
			TOTAL SPAIN		5,489,153
SWEDEN - 3.0%
	146,838		Elekta AB (B Shares)		2,514,536
	109,539	*	Fingerprint Cards AB		685,019
	126,612		Intrum Justitia AB		3,214,454
	73,773		Kinnevik Investment AB (Series B)		2,220,860
			TOTAL SWEDEN		8,634,869
SWITZERLAND - 3.3%
	34,003		Lonza Group AG.		2,617,172
	58,481		Novartis AG.		4,204,010
	130,100		UBS AG. (Switzerland)		2,561,801
			TOTAL SWITZERLAND		9,382,983
TAIWAN - 3.0%
	325,200		Cleanaway Co Ltd		2,144,267
	252,000		Eclat Textile Co Ltd		1,938,566
	143,000		Ginko International Co Ltd		2,588,314
	204,000		King Slide Works Co Ltd		1,824,048
			TOTAL TAIWAN		8,495,195
THAILAND - 0.7%
	314,100		Bangkok Bank PCL (ADR)		2,056,480
			TOTAL THAILAND		2,056,480
UKRAINE - 0.5%
	77,541		MHP SA (GDR)		1,379,454
			TOTAL UKRAINE		1,379,454

105

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY	VALUE
UNITED KINGDOM - 17.1%
	104,593		Aggreko plc	$	2,835,456
	181,787		Antofagasta plc		2,438,609
	538,970		Ashtead Group plc		5,782,197
	68,834		Aveva Group plc		2,517,970
	754,877		Barclays plc		3,298,045
	92,483	e	easyJet plc		1,987,628
	296,271	*	esure Group plc		1,332,727
	3,209,903	*	Monitise plc		1,855,565
	381,993		New Carphone Warehouse plc		1,412,090
	104,593		PayPoint plc		1,735,913
	81,679		Rightmove plc		3,020,894
	65,184		SABMiller plc		3,195,041
	294,974	*	Sports Direct International plc		2,955,970
	1,382,865		Taylor Woodrow plc		2,241,808
	182,136		Telecity Group plc		2,460,815
	109,040		Travis Perkins plc		2,821,456
	39,420		Unilever plc		1,600,786
	61,060		Whitbread plc		3,003,025
	134,486		WPP plc		2,428,023
			TOTAL UNITED KINGDOM		48,924,018
UNITED STATES - 0.6%
	66,096	e	iShares MSCI Canada Index Fund		1,826,232
			TOTAL UNITED STATES		1,826,232
			TOTAL COMMON STOCKS		283,266,029
			(Cost $280,941,788)
SHORT-TERM INVESTMENTS - 5.7%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 5.7%
	16,306,312	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		16,306,312
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		16,306,312
			TOTAL SHORT-TERM INVESTMENTS		16,306,312
			(Cost $16,306,312)
			TOTAL INVESTMENTS - 104.6%		299,572,341
			(Cost $297,248,100)
			OTHER ASSETS & LIABILITIES, NET - (4.6)%		(13,271,259	)
			NET ASSETS - 100.0%	$	286,301,083

	Abbreviation(s):
	ADR   American Depositary Receipt
	ETN   Exchange Traded Note
	GDR   Global Depositary Receipt
*	Non-income producing.
c	Investments made with cash collateral received from securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $15,455,320.

106

TIAA-CREF LIFE FUNDS - International Opportunities Fund

TIAA-CREF FUNDS

INTERNATIONAL OPPORTUNITIES FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2013

SECTOR	VALUE			% OF NET ASSETS
FINANCIALS	$	65,922,903			23.0	%
CONSUMER DISCRETIONARY		63,300,853			22.1
INDUSTRIALS		48,826,522			17.1
HEALTH CARE		27,661,818			9.7
INFORMATION TECHNOLOGY		25,472,518			8.9
CONSUMER STAPLES		22,058,091			7.7
MATERIALS		15,644,944			5.5
ENERGY		14,378,380			5.0
SHORT - TERM INVESTMENTS		16,306,312			5.7
OTHER ASSETS & LIABILITIES, NET		(13,271,259	)		(4.6	)
NET ASSETS	$	286,301,083			100.0	%

107

TIAA-CREF FUNDS - Equity Index Fund

TIAA-CREF FUNDS

EQUITY INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.7%
AUTOMOBILES & COMPONENTS - 1.2%
	15,309		Allison Transmission Holdings, Inc	$	363,742
	25,155	*	American Axle & Manufacturing Holdings, Inc		489,265
	42,903	*	BorgWarner, Inc		4,094,233
	23,618		Cooper Tire & Rubber Co		792,148
	56,058		Dana Holding Corp		1,224,867
	116,833		Delphi Automotive plc		6,276,269
	9,254		Dorman Products, Inc		435,678
	8,441		Drew Industries, Inc		344,646
	7,741	*	Federal Mogul Corp (Class A)		120,605
	1,437,589		Ford Motor Co		24,266,502
	6,242	*	Fuel Systems Solutions, Inc		113,542
	311,128	*	General Motors Co		11,160,161
	52,741		Gentex Corp		1,190,892
	8,655	*	Gentherm, Inc		176,562
	91,933	*	Goodyear Tire & Rubber Co		1,700,761
	81,607		Harley-Davidson, Inc		4,632,829
	249,893		Johnson Controls, Inc		10,048,198
	34,534		Lear Corp		2,392,170
	18,734	*	Modine Manufacturing Co		206,074
	4,257		Remy International, Inc		88,503
	1,282		Shiloh Industries, Inc		16,435
	9,874		Spartan Motors, Inc		59,837
	6,944		Standard Motor Products, Inc		238,804
	11,850	*	Stoneridge, Inc		143,148
	9,140		Superior Industries International, Inc		166,439
	22,684	*	Tenneco, Inc		1,096,318
	31,057	*,e	Tesla Motors, Inc		4,170,334
	16,109		Thor Industries, Inc		870,692
	2,033	*	Tower International, Inc		45,356
	39,704	*	TRW Automotive Holdings Corp		2,910,700
	18,559	*	Visteon Corp		1,222,481
	6,101	*	Winnebago Industries, Inc		145,936
			TOTAL AUTOMOBILES & COMPONENTS		81,204,127
BANKS - 3.6%
	5,729		1st Source Corp		156,287
	8,218		1st United Bancorp, Inc		63,936
	2,221		Access National Corp		33,826
	2,364		American National Bankshares, Inc		56,358
	8,822	*	Ameris Bancorp		169,824
	3,475		Ames National Corp		79,508
	12,038		Apollo Residential Mortgage		192,969
	3,969	e	Arrow Financial Corp		104,543
	63,880		Associated Banc-Corp		1,082,127

108

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	32,701		Astoria Financial Corp	$	398,952
	3,018	e	Banc of California, Inc		44,425
	2,520		Bancfirst Corp		131,746
	10,882		Banco Latinoamericano de Exportaciones S.A. (Class E)		274,118
	35,544		Bancorpsouth, Inc		698,440
	17,061		Bank Mutual Corp		105,949
	18,840		Bank of Hawaii Corp		1,048,258
	1,840		Bank of Kentucky Financial Corp		50,508
	1,570		Bank of Marin Bancorp		66,175
	10,339		Bank of the Ozarks, Inc		493,997
	6,216		BankFinancial Corp		53,458
	24,363		BankUnited		736,737
	8,128		Banner Corp		301,386
	1,212		Bar Harbor Bankshares		47,583
	258,270		BB&T Corp		9,217,656
	30,400		BBCN Bancorp, Inc		444,144
	2,577	*	BBX Capital Corp		36,568
	9,779	*	Beneficial Mutual Bancorp, Inc		84,295
	11,113		Berkshire Hills Bancorp, Inc		290,049
	6,627	e	BNC Bancorp		87,940
	3,801	*	BofI Holding, Inc		206,204
	9,975		BOK Financial Corp		665,233
	29,721		Boston Private Financial Holdings, Inc		328,417
	2,675		Bridge Bancorp, Inc		57,352
	2,877	*	Bridge Capital Holdings		47,442
	26,492		Brookline Bancorp, Inc		261,211
	5,145		Bryn Mawr Bank Corp		143,854
	996		C&F Financial Corp		53,824
	2,767		Camden National Corp		107,664
	3,357	*	Capital Bank Financial Corp		64,119
	3,380	*	Capital City Bank Group, Inc		42,318
	73,457		CapitalSource, Inc		888,830
	61,927		Capitol Federal Financial		780,899
	10,153		Cardinal Financial Corp		166,103
	31,168		Cathay General Bancorp		740,552
	4,182		Center Bancorp, Inc		63,023
	9,213		Centerstate Banks of Florida, Inc		90,840
	8,058	*	Central Pacific Financial Corp		149,798
	710		Century Bancorp, Inc		25,255
	8,567	e	Charter Financial Corp		93,295
	10,560		Chemical Financial Corp		315,322
	1,372		Chemung Financial Corp		45,592
	75,158	*	CIT Group, Inc		3,766,167
	3,596		Citizens & Northern Corp		70,985
	5,530	e	City Holding Co		244,758
	17,410		City National Corp		1,210,517
	1,548		Clifton Savings Bancorp, Inc		19,273
	3,511		CNB Financial Corp		62,777

109

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	13,307		CoBiz, Inc	$	133,602
	19,675		Columbia Banking System, Inc		491,482
	69,676		Comerica, Inc		2,964,017
	29,885		Commerce Bancshares, Inc		1,363,653
	15,901		Community Bank System, Inc		533,320
	5,181		Community Trust Bancorp, Inc		206,463
	2,779	*,e	CommunityOne Bancorp		23,622
	3,357	*	CU Bancorp		59,587
	21,499	e	Cullen/Frost Bankers, Inc		1,548,788
	7,461	*,e	Customers Bancorp, Inc		124,972
	36,148		CVB Financial Corp		473,177
	10,983		Dime Community Bancshares		192,752
	2,329	*	Doral Financial Corp		55,919
	8,193	*	Eagle Bancorp, Inc		215,230
	51,474		East West Bancorp, Inc		1,586,943
	2,716		Enterprise Bancorp, Inc		54,619
	6,740		Enterprise Financial Services Corp		124,892
	4,237		ESB Financial Corp		55,547
	3,960		ESSA Bancorp, Inc		44,946
	30,202		EverBank Financial Corp		468,735
	2,647	*	Farmers Capital Bank Corp		64,640
	3,816		Federal Agricultural Mortgage Corp (Class C)		118,639
	2,871		Fidelity Southern Corp		44,325
	319,385		Fifth Third Bancorp		6,141,774
	4,146		Financial Institutions, Inc		83,459
	7,539		First Bancorp (NC)		119,342
	29,237	*,e	First Bancorp (Puerto Rico)		220,155
	2,602		First Bancorp, Inc		46,576
	22,556		First Busey Corp		112,554
	2,819		First Citizens Bancshares, Inc (Class A)		590,581
	36,442		First Commonwealth Financial Corp		273,679
	6,697		First Community Bancshares, Inc		106,884
	5,260		First Connecticut Bancorp		78,900
	2,869		First Defiance Financial Corp		75,742
	25,450		First Financial Bancorp		409,999
	11,066	e	First Financial Bankshares, Inc		682,219
	4,107		First Financial Corp		136,188
	9,623	*,e	First Financial Holdings, Inc		533,526
	5,071		First Financial Northwest, Inc		54,057
	95,062		First Horizon National Corp		1,172,114
	6,570		First Interstate Bancsystem, Inc		154,855
	3,012		First M&F Corp		53,403
	11,587		First Merchants Corp		216,909
	32,597		First Midwest Bancorp, Inc		497,756
	1,571	*	First NBC Bank Holding Co		41,097
	131,935		First Niagara Financial Group, Inc		1,410,385
	2,384		First of Long Island Corp		85,776
	44,355		First Republic Bank		1,915,692

110

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	22,525	*	First Security Group, Inc	$	53,835
	61,603		FirstMerit Corp		1,381,139
	7,265	*,e	Flagstar Bancorp, Inc		119,146
	10,833		Flushing Financial Corp		205,394
	54,266		FNB Corp		685,922
	4,162		Fox Chase Bancorp, Inc		72,918
	4,092		Franklin Financial Corp		74,761
	76,293		Fulton Financial Corp		960,529
	4,820		German American Bancorp, Inc		133,369
	26,804		Glacier Bancorp, Inc		652,409
	3,889		Great Southern Bancorp, Inc		113,559
	4,513		Guaranty Bancorp		56,593
	31,797		Hancock Holding Co		1,041,670
	11,624	*	Hanmi Financial Corp		197,608
	5,906		Heartland Financial USA, Inc		165,368
	6,136	*	Heritage Commerce Corp		45,100
	4,598		Heritage Financial Corp		73,062
	5,855	*	Heritage Oaks Bancorp		38,936
	358		Hingham Institution for Savings		25,729
	2,141	*	Home Bancorp, Inc		39,073
	17,172		Home Bancshares, Inc		469,139
	4,799		Home Federal Bancorp, Inc		67,282
	19,599		Home Loan Servicing Solutions Ltd		490,563
	3,886		HomeStreet, Inc		84,326
	8,254	*	HomeTrust Bancshares, Inc		133,962
	3,293	e	Horizon Bancorp		78,933
	197,836		Hudson City Bancorp, Inc		1,891,312
	6,165		Hudson Valley Holding Corp		127,739
	316,270		Huntington Bancshares, Inc		2,704,109
	11,766		IBERIABANK Corp		691,841
	8,320		Independent Bank Corp		309,837
	1,522	*	Independent Bank Group, Inc		52,935
	20,035		International Bancshares Corp		485,047
	7,007	*	Intervest Bancshares Corp		51,852
	16,716		Investors Bancorp, Inc		371,095
	3,901	*	Kearny Financial Corp		40,414
	345,547		Keycorp		4,246,773
	11,049		Lakeland Bancorp, Inc		124,191
	6,598		Lakeland Financial Corp		208,167
	2,173	e	LCNB Corp		47,480
	47,071	e	M&T Bank Corp		5,500,717
	8,897	*,e	Macatawa Bank Corp		46,175
	7,682		MainSource Financial Group, Inc		111,082
	20,591		MB Financial, Inc		592,609
	2,590		Mercantile Bank Corp		51,722
	1,433		Merchants Bancshares, Inc		44,480

111

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	3,246	*	Meridian Interstate Bancorp, Inc	$	66,413
	4,787		MetroCorp Bancshares, Inc		51,221
	118,526	*	MGIC Investment Corp		905,539
	1,630		Middleburg Financial Corp		34,034
	2,305		Midsouth Bancorp, Inc		37,571
	2,098		MidWestOne Financial Group, Inc		54,737
	1,196	*,e	NASB Financial, Inc		34,851
	19,483		National Bank Holdings Corp		389,660
	2,046	e	National Bankshares, Inc		78,259
	48,260		National Penn Bancshares, Inc		520,725
	7,122	*,e	Nationstar Mortgage Holdings, Inc		329,606
	16,257		NBT Bancorp, Inc		366,920
	166,470	e	New York Community Bancorp, Inc		2,525,350
	9,576	*,e	NewBridge Bancorp		78,427
	21,591		Northfield Bancorp, Inc		253,047
	1,920		Northrim BanCorp, Inc		48,998
	38,984		Northwest Bancshares, Inc		538,759
	4,298		OceanFirst Financial Corp		73,410
	38,653	*	Ocwen Financial Corp		1,840,656
	16,992		OFG Bancorp		313,842
	40,075		Old National Bancorp		577,481
	3,443	*	OmniAmerican Bancorp, Inc		81,393
	23,119		Oritani Financial Corp		375,915
	5,419		Pacific Continental Corp		66,816
	5,012	*	Pacific Premier Bancorp, Inc		65,306
	16,692	e	PacWest Bancorp		591,231
	1,441	*	Palmetto Bancshares, Inc		19,324
	5,658	e	Park National Corp		446,416
	16,231	*	Park Sterling Bank		108,748
	2,656		Peapack Gladstone Financial Corp		51,951
	1,124		Penns Woods Bancorp, Inc		51,637
	5,169	*	Pennsylvania Commerce Bancorp, Inc		112,994
	4,690	*	PennyMac Financial Services, Inc		91,924
	3,119		Peoples Bancorp, Inc		70,146
	123,773		People’s United Financial, Inc		1,856,595
	13,084	*	Pinnacle Financial Partners, Inc		372,632
	194,011		PNC Financial Services Group, Inc		14,754,537
	38,607	*	Popular, Inc		1,270,170
	3,557	*	Preferred Bank		60,433
	24,326		PrivateBancorp, Inc		573,850
	22,476		Prosperity Bancshares, Inc		1,326,534
	2,835		Provident Financial Holdings, Inc		49,612
	22,453		Provident Financial Services, Inc		399,439
	16,879	e	Provident New York Bancorp		183,137
	64,859	e	Radian Group, Inc		911,269
	508,781		Regions Financial Corp		5,092,898

112

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	9,428	e	Renasant Corp	$	258,327
	4,135		Republic Bancorp, Inc (Class A)		108,213
	11,097		Rockville Financial, Inc		145,371
	2,577		Roma Financial Corp		49,221
	11,129		S&T Bancorp, Inc		272,438
	5,344		S.Y. Bancorp, Inc		147,655
	8,400		Sandy Spring Bancorp, Inc		205,296
	21,460	*	Seacoast Banking Corp of Florida		50,646
	3,841		Sierra Bancorp		60,611
	18,001	*	Signature Bank		1,647,992
	6,134		Simmons First National Corp (Class A)		167,765
	6,611	e	Southside Bancshares, Inc		165,209
	7,565	*	Southwest Bancorp, Inc		113,172
	11,031		State Bank & Trust Co		176,055
	8,567		StellarOne Corp		181,449
	11,758		Sterling Bancorp		159,321
	12,817		Sterling Financial Corp		340,035
	4,258	*	Suffolk Bancorp		77,283
	11,250	*	Sun Bancorp, Inc		37,350
	195,890		SunTrust Banks, Inc		6,815,013
	70,867		Susquehanna Bancshares, Inc		942,531
	16,853	*	SVB Financial Group		1,469,919
	296,274		Synovus Financial Corp		986,592
	6,353	*	Taylor Capital Group, Inc		142,498
	61,212		TCF Financial Corp		932,871
	3,582		Territorial Bancorp, Inc		81,455
	15,201	*	Texas Capital Bancshares, Inc		691,493
	40,532	*	TFS Financial Corp		473,008
	10,952	*	The Bancorp, Inc		164,280
	5,475		Tompkins Trustco, Inc		247,087
	9,145		TowneBank		146,046
	3,655		Tree.com, Inc		69,043
	5,923		Trico Bancshares		128,292
	2,504	*	Tristate Capital Holdings, Inc		33,504
	32,490		Trustco Bank Corp NY		192,991
	29,102		Trustmark Corp		784,881
	11,907		UMB Financial Corp		712,039
	43,955		Umpqua Holdings Corp		740,202
	7,564		Union Bankshares Corp		167,164
	21,838	e	United Bankshares, Inc		618,452
	15,136	*	United Community Banks, Inc		206,304
	14,925	*	United Community Financial Corp		68,953
	6,269		United Financial Bancorp, Inc		97,859
	6,360		Univest Corp of Pennsylvania		129,044
	680,243		US Bancorp		25,386,669
	78,107	e	Valley National Bancorp		808,407

113

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	18,046		ViewPoint Financial Group	$	389,252
	9,916	*	Virginia Commerce Bancorp		149,037
	6,249	*	Walker & Dunlop, Inc		115,232
	4,526		Washington Banking Co		65,853
	42,836		Washington Federal, Inc		931,683
	5,146		Washington Trust Bancorp, Inc		166,422
	33,729		Webster Financial Corp		918,778
	1,781,997		Wells Fargo & Co		77,516,870
	9,641		WesBanco, Inc		283,927
	4,596		West Bancorporation, Inc		62,873
	10,055	e	Westamerica Bancorporation		482,539
	27,505	*	Western Alliance Bancorp		487,664
	7,986		Westfield Financial, Inc		55,583
	22,006		Wilshire Bancorp, Inc		193,433
	14,234		Wintrust Financial Corp		582,313
	2,949		WSFS Financial Corp		175,554
	5,399	*	Yadkin Financial Corp		84,170
	69,026		Zions Bancorporation		2,045,931
			TOTAL BANKS		248,998,313
CAPITAL GOODS - 8.2%
	254,021		3M Co		29,829,686
	29,068		A.O. Smith Corp		1,201,090
	10,146		Aaon, Inc		218,849
	13,995		AAR Corp		339,239
	18,360	*	Accuride Corp		105,019
	10,453		Aceto Corp		162,231
	26,162		Actuant Corp (Class A)		923,780
	16,263		Acuity Brands, Inc		1,406,749
	39,195	*	Aecom Technology Corp		1,328,710
	16,897	*	Aegion Corp		385,590
	7,750	*	Aerovironment, Inc		175,227
	35,955		AGCO Corp		2,022,469
	26,179		Air Lease Corp		729,870
	20,373		Aircastle Ltd		358,157
	2,731		Alamo Group, Inc		113,801
	10,354		Albany International Corp (Class A)		357,317
	12,061		Alliant Techsystems, Inc		1,122,879
	12,694		Altra Holdings, Inc		316,588
	7,666	*	Ameresco, Inc		70,067
	3,355	e	American Railcar Industries, Inc		120,545
	4,572		American Science & Engineering, Inc		277,932
	20,793	*,e	American Superconductor Corp		52,190
	3,890	*	American Woodmark Corp		134,944
	89,721		Ametek, Inc		4,152,288
	3,985		Ampco-Pittsburgh Corp		76,671

114

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	9,213	*	API Technologies Corp	$	28,100
	12,745		Apogee Enterprises, Inc		341,056
	16,151		Applied Industrial Technologies, Inc		842,436
	5,032		Argan, Inc		79,757
	9,724		Armstrong World Industries, Inc		486,978
	36,053	*	ArvinMeritor, Inc		293,111
	6,887		Astec Industries, Inc		241,045
	4,220	*	Astronics Corp		166,732
	9,519		AZZ, Inc		360,104
	41,973		Babcock & Wilcox Co		1,281,855
	18,878		Barnes Group, Inc		622,974
	36,929	*	BE Aerospace, Inc		2,574,321
	18,276	*	Beacon Roofing Supply, Inc		745,478
	16,990	*	Blount International, Inc		223,928
	7,295	*	Bluelinx Holdings, Inc		13,496
	279,271		Boeing Co		29,351,382
	17,051		Brady Corp (Class A)		567,287
	17,419		Briggs & Stratton Corp		352,735
	17,923	*	Builders FirstSource, Inc		105,746
	6,473	*	CAI International, Inc		135,868
	151,576	*,e	Capstone Turbine Corp		222,817
	23,745		Carlisle Cos, Inc		1,608,486
	241,563		Caterpillar, Inc		20,027,988
	11,483	*	Chart Industries, Inc		1,305,617
	37,542		Chicago Bridge & Iron Co NV		2,236,752
	6,544		CIRCOR International, Inc		343,691
	18,595		Clarcor, Inc		1,022,353
	12,036		CNH Global NV		565,572
	3,243		Coleman Cable, Inc		70,470
	30,679	*	Colfax Corp		1,628,135
	7,421	*	Columbus McKinnon Corp		164,153
	14,006		Comfort Systems USA, Inc		216,393
	11,607	*	Commercial Vehicle Group, Inc		84,035
	18,117		Crane Co		1,103,325
	6,468		Cubic Corp		326,957
	68,995		Cummins, Inc		8,361,504
	16,723		Curtiss-Wright Corp		679,623
	219,338		Danaher Corp		14,770,221
	143,176		Deere & Co		11,893,630
	27,246	*	DigitalGlobe, Inc		882,770
	54,894		Donaldson Co, Inc		1,989,907
	8,413		Douglas Dynamics, Inc		120,895
	62,300		Dover Corp		5,335,372
	3,956	*	Ducommun, Inc		90,355
	3,232	*	DXP Enterprises, Inc		223,008
	12,336	*	Dycom Industries, Inc		326,657
	5,948		Dynamic Materials Corp		115,332

115

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	174,191		Eaton Corp	$	12,010,469
	7,895	*	Edgen Group, Inc		61,976
	25,085		EMCOR Group, Inc		1,035,509
	263,558		Emerson Electric Co		16,174,554
	7,187		Encore Wire Corp		299,770
	11,993	*	Energy Recovery, Inc		52,409
	17,994		EnerSys		952,242
	6,318	*	Engility Holdings, Inc		205,904
	5,804	*,e	Enphase Energy, Inc		36,855
	7,105	*	EnPro Industries, Inc		403,777
	1,465	*,e	Erickson Air-Crane, Inc		27,322
	9,265		ESCO Technologies, Inc		320,847
	11,206	*	Esterline Technologies Corp		912,617
	76,515		Exelis, Inc		1,130,892
	111,275		Fastenal Co		5,453,588
	23,065	*	Federal Signal Corp		223,730
	12,528	*	Flow International Corp		48,358
	53,473		Flowserve Corp		3,030,850
	60,903		Fluor Corp		3,810,092
	60,332		Fortune Brands Home & Security, Inc		2,492,315
	17,164		Franklin Electric Co, Inc		639,531
	3,525		Freightcar America, Inc		64,190
	69,187	*,e	FuelCell Energy, Inc		84,408
	15,921	*	Furmanite Corp		119,248
	17,527		GATX Corp		791,870
	22,617	*,e	GenCorp, Inc		396,024
	19,240		Generac Holdings, Inc		834,054
	18,132		General Cable Corp		571,521
	108,914		General Dynamics Corp		9,294,721
	3,825,349		General Electric Co		93,223,755
	11,242	*	Gibraltar Industries, Inc		173,127
	3,003	*	Global Brass & Copper Holdings, Inc		55,946
	6,209		Global Power Equipment Group, Inc		112,259
	5,664		Gorman-Rupp Co		196,711
	23,174		Graco, Inc		1,617,082
	46,706	*,e	GrafTech International Ltd		351,229
	4,349		Graham Corp		142,169
	14,162		Granite Construction, Inc		428,400
	22,803		Great Lakes Dredge & Dock Corp		175,355
	9,168	*	Greenbrier Cos, Inc		209,672
	16,868		Griffon Corp		200,729
	10,198		H&E Equipment Services, Inc		232,922
	3,407		Hardinge, Inc		53,899
	30,160		Harsco Corp		776,922
	19,828		Heico Corp		1,126,230
	36,814	*	Hexcel Corp		1,296,221

116

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	289,294		Honeywell International, Inc	$	24,005,616
	5,243		Houston Wire & Cable Co		77,754
	22,159		Hubbell, Inc (Class B)		2,378,769
	18,550		Huntington Ingalls		1,153,439
	1,898		Hurco Cos, Inc		54,093
	4,141		Hyster-Yale Materials Handling, Inc		269,206
	30,668		IDEX Corp		1,829,346
	18,280	*	II-VI, Inc		323,190
	139,136		Illinois Tool Works, Inc		10,023,357
	108,665		Ingersoll-Rand plc		6,633,998
	4,851	e	Innovative Solutions & Support, Inc		37,401
	6,622		Insteel Industries, Inc		111,250
	33,621		ITT Corp		1,050,320
	48,821	*	Jacobs Engineering Group, Inc		2,890,203
	10,670		John Bean Technologies Corp		252,986
	39,765		Joy Global, Inc		1,968,367
	4,718		Kadant, Inc		154,467
	10,107		Kaman Corp		382,651
	12,631		Kaydon Corp		367,309
	55,854		KBR, Inc		1,747,113
	28,359		Kennametal, Inc		1,229,079
	14,484	*,e	KEYW Holding Corp		185,830
	14,701	*	Kratos Defense & Security Solutions, Inc		99,085
	33,618		L-3 Communications Holdings, Inc		3,131,517
	8,513	*	Layne Christensen Co		164,982
	3,546		LB Foster Co (Class A)		164,818
	18,839		Lennox International, Inc		1,353,017
	31,163		Lincoln Electric Holdings, Inc		1,839,863
	4,843		Lindsay Manufacturing Co		363,709
	3,974	*	LMI Aerospace, Inc		73,479
	94,839		Lockheed Martin Corp		11,392,061
	5,746		LSI Industries, Inc		46,887
	6,877	*	Lydall, Inc		107,006
	4,394	*	Manitex International, Inc		50,707
	50,360		Manitowoc Co, Inc		1,033,891
	130,834		Masco Corp		2,684,714
	21,226	*	Mastec, Inc		700,458
	4,326		Met-Pro Corp		59,050
	3,599		Michael Baker Corp		145,400
	7,015	*	Middleby Corp		1,255,264
	5,071		Miller Industries, Inc		84,128
	19,280	*	Moog, Inc (Class A)		1,084,307
	31,085	*	MRC Global, Inc		833,700
	16,706		MSC Industrial Direct Co (Class A)		1,352,351
	10,480		Mueller Industries, Inc		575,247
	61,420		Mueller Water Products, Inc (Class A)		475,391

117

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	8,799	*	MYR Group, Inc	$	190,058
	1,783		National Presto Industries, Inc		132,192
	20,777	*,e	Navistar International Corp		709,535
	7,942	*	NCI Building Systems, Inc		112,618
	6,830		NN, Inc		84,009
	23,981		Nordson Corp		1,730,469
	2,729	*	Nortek, Inc		184,235
	85,564		Northrop Grumman Corp		7,877,022
	3,841	*	Northwest Pipe Co		114,462
	22,524	*	Orbital Sciences Corp		417,595
	11,259	*	Orion Marine Group, Inc		141,526
	32,846	*	Oshkosh Truck Corp		1,472,158
	44,487	*	Owens Corning, Inc		1,756,792
	132,240		Paccar, Inc		7,441,145
	41,560		Pall Corp		2,907,538
	55,748		Parker Hannifin Corp		5,757,653
	2,377	*	Patrick Industries, Inc		59,211
	76,340		Pentair Ltd		4,662,847
	14,011	*	Perini Corp		277,138
	12,009	*	Pgt, Inc		120,090
	9,890		Pike Electric Corp		120,757
	6,026	*	Ply Gem Holdings, Inc		112,927
	9,067	*	PMFG, Inc		68,909
	17,391	*,e	Polypore International, Inc		730,248
	3,258	*	Powell Industries, Inc		160,294
	780	*	Power Solutions International, Inc		34,172
	7,088	*	PowerSecure International, Inc		115,393
	54,049		Precision Castparts Corp		11,983,744
	704		Preformed Line Products Co		51,357
	14,616		Primoris Services Corp		304,013
	6,329	*,e	Proto Labs, Inc		428,283
	12,736		Quanex Building Products Corp		216,767
	77,848	*	Quanta Services, Inc		2,087,105
	13,541		Raven Industries, Inc		415,167
	118,507		Raytheon Co		8,513,543
	6,524	*	RBC Bearings, Inc		357,907
	16,408		Regal-Beloit Corp		1,061,269
	11,087	*,e	Revolution Lighting Technologies, Inc		46,344
	13,357	*	Rexnord Corp		253,382
	50,907		Rockwell Automation, Inc		4,930,343
	50,993		Rockwell Collins, Inc		3,629,172
	36,916		Roper Industries, Inc		4,649,939
	12,945	*	Rush Enterprises, Inc (Class A)		322,589
	15,200		Simpson Manufacturing Co, Inc		501,904
	21,789		Snap-On, Inc		2,066,687
	8,060	*,e	SolarCity Corp		333,200
	2,312	*	Sparton Corp		41,084
	43,958	*	Spirit Aerosystems Holdings, Inc (Class A)		1,114,775
	17,577		SPX Corp		1,343,059

118

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	4,796		Standex International Corp	$	283,108
	58,980		Stanley Works		4,990,888
	4,846	*	Sterling Construction Co, Inc		47,588
	7,960		Sun Hydraulics Corp		250,342
	12,647	e	TAL International Group, Inc		509,042
	17,475	*	Taser International, Inc		155,178
	6,878	*	Tecumseh Products Co (Class A)		78,959
	13,693	*	Teledyne Technologies, Inc		1,097,768
	6,532		Tennant Co		337,051
	41,650	*	Terex Corp		1,227,842
	7,980	e	Textainer Group Holdings Ltd		282,412
	103,926		Textron, Inc		2,845,494
	2,299	*,e	The ExOne Company		140,285
	10,149	*	Thermon Group Holdings		203,081
	32,296		Timken Co		1,886,732
	21,298	e	Titan International, Inc		367,178
	10,747	*,e	Titan Machinery, Inc		205,160
	19,312		Toro Co		951,695
	19,262		TransDigm Group, Inc		2,785,093
	6,280	*	Trex Co, Inc		297,295
	14,911	*	Trimas Corp		552,154
	29,586		Trinity Industries, Inc		1,164,801
	18,608		Triumph Group, Inc		1,459,984
	4,271	e	Twin Disc, Inc		106,690
	34,976	*,e	United Rentals, Inc		2,004,824
	338,649		United Technologies Corp		35,751,175
	8,101		Universal Forest Products, Inc		334,166
	28,312		URS Corp		1,316,508
	28,200	*,e	USG Corp		708,666
	9,441		Valmont Industries, Inc		1,318,341
	5,781	*	Vicor Corp		47,924
	21,950		W.W. Grainger, Inc		5,753,973
	25,801	*	Wabash National Corp		276,845
	20,445	*	WABCO Holdings, Inc		1,616,382
	9,594		Watsco, Inc		895,600
	10,685		Watts Water Technologies, Inc (Class A)		558,612
	15,875	*	WESCO International, Inc		1,203,007
	35,916		Westinghouse Air Brake Technologies Corp		2,085,283
	25,175		Woodward Governor Co		1,030,161
	4,097	*	Xerium Technologies, Inc		50,721
	69,941		Xylem, Inc		1,743,629
			TOTAL CAPITAL GOODS		569,625,605
COMMERCIAL & PROFESSIONAL SERVICES - 1.0%
	18,710		ABM Industries, Inc		484,589
	18,340	e	Acacia Research (Acacia Technologies)		418,519

119

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	42,757	*	ACCO Brands Corp	$	282,624
	8,204	e	Acorn Energy, Inc		71,211
	7,852		Administaff, Inc		259,666
	81,738		ADT Corp		3,276,059
	13,883	*	Advisory Board Co		814,793
	6,536		American Ecology Corp		199,805
	18,662	*	ARC Document Solutions, Inc		89,018
	2,827	*	AT Cross Co		52,582
	3,062		Barrett Business Services, Inc		215,136
	16,400		Brink’s Co		438,372
	13,804	*	Casella Waste Systems, Inc (Class A)		65,845
	11,540	*,e	CBIZ, Inc		83,780
	5,266		CDI Corp		82,834
	3,688	e	Ceco Environmental Corp		49,272
	19,758	*,e	Cenveo, Inc		48,210
	38,497		Cintas Corp		1,828,992
	22,273	*	Clean Harbors, Inc		1,257,088
	3,435	*	Consolidated Graphics, Inc		184,082
	34,268	*,e	Coolbrands International, Inc		27,589
	37,857	*	Copart, Inc		1,230,731
	12,548		Corporate Executive Board Co		846,112
	43,095		Corrections Corp of America		1,424,290
	2,988		Courier Corp		46,374
	39,695	e	Covanta Holding Corp		826,053
	4,650	*	CRA International, Inc		89,001
	17,665		Deluxe Corp		724,442
	14,918	e	Dun & Bradstreet Corp		1,545,952
	9,035	*	EnerNOC, Inc		141,127
	9,857		Ennis, Inc		182,650
	45,715		Equifax, Inc		2,890,559
	5,048		Exponent, Inc		333,774
	3,955	*	Franklin Covey Co		63,834
	15,905	*	FTI Consulting, Inc		592,620
	7,292		G & K Services, Inc (Class A)		385,091
	26,690		Geo Group, Inc		926,677
	5,666	*	GP Strategies Corp		149,639
	24,767		Healthcare Services Group		609,516
	7,339		Heidrick & Struggles International, Inc		112,874
	2,270	*	Heritage-Crystal Clean, Inc		35,276
	21,267		Herman Miller, Inc		597,815
	16,389		HNI Corp		624,585
	8,717	*	Huron Consulting Group, Inc		444,044
	7,292	*	ICF International, Inc		243,480
	48,886	*	ICO Global Communications Holdings Ltd		117,326
	24,595	*	IHS, Inc (Class A)		2,700,039
	16,581	*,e	Innerworkings, Inc		193,666

120

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	22,067		Interface, Inc	$	419,052
	5,323	e	Intersections, Inc		51,527
	64,364		Iron Mountain, Inc		1,789,319
	28,414		KAR Auction Services, Inc		722,852
	7,877		Kelly Services, Inc (Class A)		154,153
	9,584		Kforce, Inc		159,861
	11,497		Kimball International, Inc (Class B)		126,352
	18,260		Knoll, Inc		301,655
	16,368	*	Korn/Ferry International		319,667
	28,834		Manpower, Inc		1,928,130
	9,393		McGrath RentCorp		321,616
	10,531		Mine Safety Appliances Co		559,512
	5,883	*	Mistras Group, Inc		98,893
	14,391	*	Mobile Mini, Inc		496,633
	4,198		Multi-Color Corp		145,293
	2,364	*	National Technical Systems, Inc		37,706
	17,959	*	Navigant Consulting, Inc		241,010
	81,524		Nielsen Holdings NV		2,724,532
	1,974		NL Industries, Inc		21,892
	30,314	*,e	Odyssey Marine Exploration, Inc		107,615
	17,191	*	On Assignment, Inc		524,841
	10,234	*	Performant Financial Corp		108,173
	74,931	e	Pitney Bowes, Inc		1,237,111
	9,307		Quad		260,968
	67,781	e	R.R. Donnelley & Sons Co		1,287,161
	101,079		Republic Services, Inc		3,427,589
	13,409		Resources Connection, Inc		178,340
	52,079		Robert Half International, Inc		1,939,422
	23,888		Rollins, Inc		609,144
	12,009	*	RPX Corp		209,437
	3,482		Schawk, Inc (Class A)		47,982
	5,759	*	Standard Parking Corp		132,572
	32,495		Steelcase, Inc (Class A)		495,224
	32,202	*	Stericycle, Inc		3,733,500
	7,722	*	Team, Inc		302,625
	24,321	*	Tetra Tech, Inc		573,976
	6,242		TMS International Corp		102,182
	24,319		Towers Watson & Co		2,048,389
	5,055	*	TRC Cos, Inc		41,956
	12,832	*	TrueBlue, Inc		342,614
	5,364		Unifirst Corp		525,779
	14,104		United Stationers, Inc		583,765
	56,744	*	Verisk Analytics, Inc		3,652,044
	7,661		Viad Corp		184,247
	1,211		VSE Corp		52,412
	9,286	*	WageWorks, Inc		313,588

121

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	46,169		Waste Connections, Inc	$	1,997,271
	171,075		Waste Management, Inc		7,190,282
	6,419		West Corp		140,961
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		71,278,438
CONSUMER DURABLES & APPAREL - 1.5%
	15,537	*,e	American Apparel, Inc		31,229
	11,332		American Greetings Corp (Class A)		215,761
	4,842		Arctic Cat, Inc		266,504
	3,514		Bassett Furniture Industries, Inc		55,978
	9,203	*,e	Beazer Homes USA, Inc		158,200
	4,756	e	Blyth, Inc		66,632
	33,887		Brunswick Corp		1,279,234
	33,377	e	Callaway Golf Co		239,647
	22,174		Carter’s, Inc		1,581,450
	2,552	*	Cavco Industries, Inc		139,824
	9,136	*,e	Clarus Corp		94,466
	105,040		Coach, Inc		5,580,775
	4,699	e	Columbia Sportswear Co		303,179
	31,333	*	CROCS, Inc		428,322
	2,507		CSS Industries, Inc		66,761
	4,789		Culp, Inc		92,140
	13,394	*,e	Deckers Outdoor Corp		734,393
	103,841		DR Horton, Inc		2,087,204
	9,357	e	Ethan Allen Interiors, Inc		284,172
	3,766	*,e	EveryWare Global, Inc		49,862
	42,644	*	Fifth & Pacific Cos, Inc		1,015,780
	1,383		Flexsteel Industries, Inc		34,423
	19,211	*	Fossil Group, Inc		2,111,289
	45,866	*,e	Garmin Ltd		1,838,309
	7,315	*	G-III Apparel Group Ltd		376,430
	36,699		Hanesbrands, Inc		2,328,919
	25,398		Harman International Industries, Inc		1,537,341
	42,898	e	Hasbro, Inc		1,973,308
	12,000	*	Helen of Troy Ltd		509,760
	3,179		Hooker Furniture Corp		53,439
	41,871	*,e	Hovnanian Enterprises, Inc (Class A)		224,010
	22,023	*	Iconix Brand Group, Inc		723,235
	8,899	*	iRobot Corp		311,109
	6,899	e	Jakks Pacific, Inc		41,463
	42,045	*	Jarden Corp		1,911,786
	1,650	*	Johnson Outdoors, Inc		42,026
	28,544		Jones Apparel Group, Inc		468,692
	31,066	e	KB Home		551,422
	21,637		La-Z-Boy, Inc		448,535
	22,125	*,e	Leapfrog Enterprises, Inc		254,880

122

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	53,057		Leggett & Platt, Inc	$	1,666,520
	60,502	e	Lennar Corp (Class A)		2,049,203
	6,665	*	Libbey, Inc		164,359
	2,759		Lifetime Brands, Inc		41,330
	8,520	*	M/I Homes, Inc		181,135
	7,635	*	Maidenform Brands, Inc		178,354
	3,595		Marine Products Corp		32,499
	128,336		Mattel, Inc		5,393,962
	13,532		MDC Holdings, Inc		428,152
	12,915	*	Meritage Homes Corp		584,533
	75,308	*	Michael Kors Holdings Ltd		5,071,241
	22,422	*	Mohawk Industries, Inc		2,667,994
	6,132		Movado Group, Inc		223,695
	1,670		Nacco Industries, Inc (Class A)		102,421
	11,332	*	Nautilus, Inc		99,495
	105,684		Newell Rubbermaid, Inc		2,855,582
	259,778		Nike, Inc (Class B)		16,345,232
	1,862	*	NVR, Inc		1,723,467
	4,787		Oxford Industries, Inc		323,936
	5,020		Perry Ellis International, Inc		100,902
	30,306		Phillips-Van Heusen Corp		3,994,028
	23,782		Polaris Industries, Inc		2,666,913
	17,407		Pool Corp		918,741
	142,995	*	Pulte Homes, Inc		2,378,007
	48,919	*	Quiksilver, Inc		309,168
	22,433		Ralph Lauren Corp		4,084,152
	3,796		RG Barry Corp		65,785
	18,003		Ryland Group, Inc		728,041
	14,448	*	Skechers U.S.A., Inc (Class A)		394,141
	19,902	*	Skullcandy, Inc		109,859
	23,706	*,e	Smith & Wesson Holding Corp		280,679
	51,674	*	Standard-Pacific Corp		422,693
	3,025	*	Steinway Musical Instruments, Inc		109,959
	13,775	*	Steven Madden Ltd		708,311
	7,236	e	Sturm Ruger & Co, Inc		368,095
	10,165	*	Taylor Morrison Home Corp		246,298
	23,023	*	Tempur-Pedic International, Inc		912,862
	62,264	*	Toll Brothers, Inc		2,046,618
	5,857	*	TRI Pointe Homes, Inc		88,382
	17,883	*	Tumi Holdings, Inc		427,761
	19,803		Tupperware Corp		1,668,997
	31,320	*,e	Under Armour, Inc (Class A)		2,102,512
	5,769	*	Unifi, Inc		132,341
	5,877	*	Universal Electronics, Inc		181,188
	8,002	*,e	Vera Bradley, Inc		193,969

123

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	32,737		VF Corp	$	6,449,189
	2,076		Weyco Group, Inc		56,737
	29,232		Whirlpool Corp		3,915,334
	4,631	*	William Lyon Homes, Inc		104,707
	18,790		Wolverine World Wide, Inc		1,080,613
	10,387	*,e	Zagg, Inc		47,053
			TOTAL CONSUMER DURABLES & APPAREL		107,939,034
CONSUMER SERVICES - 2.2%
	8,828	*	AFC Enterprises		324,870
	6,187	*	American Public Education, Inc		244,448
	15,273		Ameristar Casinos, Inc		404,276
	36,422	*,e	Apollo Group, Inc (Class A)		663,609
	5,298	*	Ascent Media Corp (Series A)		411,708
	14,784	*,e	Bally Technologies, Inc		1,059,717
	8,791	*	BJ’s Restaurants, Inc		313,311
	20,656	*	Bloomin’ Brands, Inc		487,482
	10,735		Bob Evans Farms, Inc		545,553
	15,969	*,e	Boyd Gaming Corp		212,547
	7,704	*	Bravo Brio Restaurant Group, Inc		125,883
	7,840	*,e	Bridgepoint Education, Inc		126,381
	4,289	*	Bright Horizons Family Solutions		151,873
	26,170		Brinker International, Inc		1,050,726
	7,007	*	Buffalo Wild Wings, Inc		725,785
	32,494	e	Burger King Worldwide, Inc		623,560
	15,449	*,e	Caesars Entertainment Corp		248,111
	3,418	*	Capella Education Co		167,516
	25,023	*	Career Education Corp		80,574
	156,552		Carnival Corp		5,797,121
	6,049		Carriage Services, Inc		113,479
	7,842	*	Carrols Restaurant Group, Inc		51,522
	7,313		CBRL Group, Inc		715,943
	6,673		CEC Entertainment, Inc		277,530
	18,726		Cheesecake Factory		794,731
	11,559	*	Chipotle Mexican Grill, Inc (Class A)		4,765,429
	12,667	e	Choice Hotels International, Inc		526,567
	4,841		Churchill Downs, Inc		393,138
	6,132	*	Chuy’s Holdings, Inc		216,398
	33,355	*,e	Corinthian Colleges, Inc		74,715
	48,571		Darden Restaurants, Inc		2,382,408
	4,149	*	Del Frisco’s Restaurant Group, Inc		87,295
	34,241	*	Denny’s Corp		194,831
	22,852	e	DeVry, Inc		687,388
	6,177		DineEquity, Inc		430,352
	4,042	*	Diversified Restaurant Holdings, Inc		28,819
	22,798		Domino’s Pizza, Inc		1,426,699

124

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	36,869		Dunkin Brands Group, Inc	$	1,592,741
	9,228	*,e	Education Management Corp		65,057
	1,427		Einstein Noah Restaurant Group, Inc		23,160
	7,354	*	Fiesta Restaurant Group, Inc		232,019
	16,523	*	Grand Canyon Education, Inc		558,808
	103,199		H&R Block, Inc		3,243,545
	19,212		Hillenbrand, Inc		476,265
	16,086	*	Hyatt Hotels Corp		727,892
	1,966	*	Ignite Restaurant Group, Inc		31,476
	93,193		International Game Technology		1,721,275
	9,460		International Speedway Corp (Class A)		320,221
	14,622		Interval Leisure Group, Inc		314,519
	6,056	*	Isle of Capri Casinos, Inc		48,085
	10,217	*,e	ITT Educational Services, Inc		267,992
	15,350	*	Jack in the Box, Inc		615,382
	6,243	*	Jamba, Inc		91,335
	1,654	*,e	JTH Holding, Inc		28,846
	10,111	*,e	K12, Inc		314,452
	24,632	*	Krispy Kreme Doughnuts, Inc		517,765
	142,068		Las Vegas Sands Corp		7,894,719
	14,911	*	Life Time Fitness, Inc		794,607
	22,747	*,e	LifeLock, Inc		258,633
	6,700		Lincoln Educational Services Corp		42,009
	5,633	*	Luby’s, Inc		45,289
	3,270		Mac-Gray Corp		48,069
	5,939		Marcus Corp		76,910
	87,006		Marriott International, Inc (Class A)		3,616,839
	10,886	*	Marriott Vacations Worldwide Corp		478,984
	10,404		Matthews International Corp (Class A)		402,427
	376,117		McDonald’s Corp		36,889,555
	147,160	*	MGM Mirage		2,400,180
	2,161	*	Monarch Casino & Resort, Inc		44,300
	10,188	*	Morgans Hotel Group Co		73,252
	10,123	*	Multimedia Games, Inc		354,204
	809	*	Nathan’s Famous, Inc		46,323
	9,843	*	Norwegian Cruise Line Holdings Ltd		297,849
	35,720	*	Orient-Express Hotels Ltd (Class A)		446,857
	10,430	*,e	Outerwall, Inc		576,257
	10,498	*	Panera Bread Co (Class A)		1,753,691
	5,013	*	Papa John’s International, Inc		335,169
	25,198	*	Penn National Gaming, Inc		1,259,648
	21,721	*	Pinnacle Entertainment, Inc		461,571
	4,660	*	Red Robin Gourmet Burgers, Inc		265,061
	17,606		Regis Corp		305,816
	59,466		Royal Caribbean Cruises Ltd		2,265,060
	22,722	*	Ruby Tuesday, Inc		166,325

125

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	14,353		Ruth’s Chris Steak House, Inc	$	171,662
	16,145	*	Scientific Games Corp (Class A)		220,056
	10,028		SeaWorld Entertainment, Inc		367,727
	79,191		Service Corp International		1,502,253
	19,115	*	SHFL Entertainment, Inc		434,866
	24,596		Six Flags Entertainment Corp		904,887
	21,013	*	Sonic Corp		322,970
	26,230		Sotheby’s (Class A)		1,180,350
	3,472		Speedway Motorsports, Inc		64,128
	274,906		Starbucks Corp		19,584,303
	73,228		Starwood Hotels & Resorts Worldwide, Inc		4,844,032
	441	*	Steak N Shake Co		183,703
	5,246	*	Steiner Leisure Ltd		303,953
	24,499		Stewart Enterprises, Inc (Class A)		321,917
	3,756	e	Strayer Education, Inc		166,241
	21,677		Texas Roadhouse, Inc (Class A)		529,786
	8,437		Town Sports International Holdings, Inc		106,475
	11,001		Universal Technical Institute, Inc		128,712
	13,427		Vail Resorts, Inc		899,340
	9,764	e	Weight Watchers International, Inc		463,302
	97,524	e	Wendy’s		693,396
	19,216	*	WMS Industries, Inc		494,812
	50,789		Wyndham Worldwide Corp		3,164,155
	29,538		Wynn Resorts Ltd		3,932,394
	164,455		Yum! Brands, Inc		11,992,059
			TOTAL CONSUMER SERVICES		152,700,213
DIVERSIFIED FINANCIALS - 6.5%
	19,717	*	Affiliated Managers Group, Inc		3,555,961
	113,150	*	American Capital Ltd		1,545,629
	348,524		American Express Co		25,710,615
	73,422		Ameriprise Financial, Inc		6,534,558
	80,921		Apollo Investment Corp		657,888
	100,759		Ares Capital Corp		1,792,503
	4,763	*	Artisan Partners Asset Management, Inc		252,439
	3,976,526		Bank of America Corp		58,057,280
	428,593		Bank of New York Mellon Corp		13,479,250
	41,171		BGC Partners, Inc (Class A)		258,554
	25,594		BlackRock Kelso Capital Corp		258,755
	47,833		BlackRock, Inc		13,486,993
	7,916		Calamos Asset Management, Inc (Class A)		84,305
	214,072		Capital One Financial Corp		14,775,249
	1,252		Capital Southwest Corp		181,515
	10,651	e	Cash America International, Inc		447,342
	32,460		CBOE Holdings, Inc		1,626,246
	399,714		Charles Schwab Corp		8,829,682
	1,122,451		Citigroup, Inc		58,524,595
	119,857		CME Group, Inc		8,867,021

126

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	8,517	e	Cohen & Steers, Inc	$	292,729
	6,692	*	Consumer Portfolio Services, Inc		43,498
	32,552	*	Cowen Group, Inc		105,143
	2,794	*	Credit Acceptance Corp		314,297
	1,901	*	Deerfield Capital Corp		12,965
	761		Diamond Hill Investment Group, Inc		78,786
	178,658		Discover Financial Services		8,845,358
	15,209	*	Dollar Financial Corp		235,587
	106,630	*	E*Trade Financial Corp		1,588,787
	45,521		Eaton Vance Corp		1,842,235
	8,730	*,e	Encore Capital Group, Inc		339,248
	11,729		Evercore Partners, Inc (Class A)		556,189
	18,899	*	Ezcorp, Inc (Class A)		341,694
	3,196	*	FBR & Co		91,693
	35,702	e	Federated Investors, Inc (Class B)		1,036,429
	4,583	e	Fidus Investment Corp		89,093
	45,156	*	Fifth Street Finance Corp		489,491
	18,304	e	Financial Engines, Inc		873,833
	9,754	*	First Cash Financial Services, Inc		520,864
	33,261	*	First Marblehead Corp		56,544
	4,300	*	Firsthand Technology Value Fund, Inc		92,106
	149,052		Franklin Resources, Inc		7,285,662
	5,930		Friedman Billings Ramsey Group, Inc (Class A)		149,910
	13,726	e	FXCM, Inc		226,479
	3,332		Gain Capital Holdings, Inc		18,126
	1,971		GAMCO Investors, Inc (Class A)		111,184
	2,208	e	Garrison Capital, Inc		32,899
	28,639		GFI Group, Inc		114,556
	9,066		Gladstone Capital Corp		78,149
	10,384		Gladstone Investment Corp		74,557
	169,122		Goldman Sachs Group, Inc		27,741,082
	12,831	e	Golub Capital BDC, Inc		233,268
	11,963	*,e	Green Dot Corp		278,499
	11,511		Greenhill & Co, Inc		579,464
	8,898	*,e	GSV Capital Corp		82,306
	5,231	*	Hannon Armstrong Sustainable Infrastructure Capital, Inc		62,092
	24,588	e	Hercules Technology Growth Capital, Inc		342,757
	12,454		HFF, Inc (Class A)		261,534
	3,609	e	Horizon Technology Finance Corp		50,490
	6,692	*	Imperial Holdings, Inc		49,588
	28,109	*	ING US, Inc		874,752
	17,393		Interactive Brokers Group, Inc (Class A)		281,767
	27,542	*	IntercontinentalExchange, Inc		5,025,038
	5,296	*	International Assets Holding Corp		98,029
	14,266	*	Internet Capital Group, Inc		173,047
	160,726		Invesco Ltd		5,173,770
	15,062	*	Investment Technology Group, Inc		214,031

127

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	1,593	e	iShares Russell 2000 Index Fund	$	165,146
	60,673		Janus Capital Group, Inc		568,506
	4,534		JMP Group, Inc		32,191
	1,395,045		JPMorgan Chase & Co		77,745,858
	9,542	e	KCAP Financial, Inc		99,905
	7,466	*	KCG Holdings, Inc		68,837
	35,700	*	Ladenburg Thalmann Financial Services, Inc		67,116
	47,845		Lazard Ltd (Class A)		1,739,644
	43,117		Legg Mason, Inc		1,482,794
	110,650		Leucadia National Corp		2,968,739
	21,121		LPL Financial Holdings, Inc		803,865
	13,090		Main Street Capital Corp		399,638
	5,766		Manning & Napier, Inc		103,500
	14,048		MarketAxess Holdings, Inc		726,282
	2,519		Marlin Business Services Corp		57,635
	28,083		MCG Capital Corp		154,176
	6,587		Medallion Financial Corp		99,398
	16,108	e	Medley Capital Corp		235,177
	70,449		Moody’s Corp		4,774,329
	569,011		Morgan Stanley		15,482,789
	45,019	*	MSCI, Inc (Class A)		1,577,916
	8,929		MVC Capital, Inc		113,577
	41,991		Nasdaq Stock Market, Inc		1,360,508
	8,210		Nelnet, Inc (Class A)		319,205
	11,780	e	New Mountain Finance Corp		170,810
	9,575	*	NewStar Financial, Inc		147,455
	6,380		NGP Capital Resources Co		41,980
	2,880		Nicholas Financial, Inc		44,842
	87,815		Northern Trust Corp		5,140,690
	88,643		NYSE Euronext		3,737,189
	4,705		Oppenheimer Holdings, Inc		90,148
	3,716	e	PennantPark Floating Rate Capital Ltd		52,247
	23,784		PennantPark Investment Corp		277,084
	21,176	*	PHH Corp		479,848
	7,896	*	Pico Holdings, Inc		172,843
	6,550	*	Piper Jaffray Cos		219,752
	6,485	*	Portfolio Recovery Associates, Inc		968,275
	86,753	e	Prospect Capital Corp		949,945
	2,413		Pzena Investment Management, Inc (Class A)		17,181
	45,602		Raymond James Financial, Inc		2,009,680
	1,575	*	Regional Management Corp		48,683
	3,649		Resource America, Inc (Class A)		30,287
	8,050	*	Safeguard Scientifics, Inc		120,347
	54,618		SEI Investments Co		1,726,475
	166,069		SLM Corp		4,103,565
	16,002		Solar Capital Ltd		352,524

128

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	3,856		Solar Senior Capital Ltd	$	73,033
	37,137		SPDR Trust Series 1		6,263,526
	168,312		State Street Corp		11,726,297
	4,383	e	Stellus Capital Investment Corp		66,402
	23,668	*	Stifel Financial Corp		891,100
	13,104	*	SWS Group, Inc		78,100
	96,936		T Rowe Price Group, Inc		7,293,465
	9,779		TCP Capital Corp		155,388
	82,682		TD Ameritrade Holding Corp		2,234,894
	9,766		THL Credit, Inc		152,154
	19,713	e	TICC Capital Corp		197,919
	10,004	e	Triangle Capital Corp		290,516
	2,255	*	Virtus Investment Partners, Inc		420,557
	33,174		Waddell & Reed Financial, Inc (Class A)		1,693,864
	13,161		Walter Investment Management Corp		523,676
	2,659		Westwood Holdings Group, Inc		132,259
	109	e	WhiteHorse Finance, Inc		1,728
	37,628	*	WisdomTree Investments, Inc		487,283
	3,741	*,e	World Acceptance Corp		311,550
			TOTAL DIVERSIFIED FINANCIALS		451,428,277
ENERGY - 9.4%
	30,886	*,e	Abraxas Petroleum Corp		75,362
	568		Adams Resources & Energy, Inc		37,982
	8,831		Alon USA Energy, Inc		120,631
	82,777	*	Alpha Natural Resources, Inc		450,307
	14,230	*,e	Amyris Biotechnologies, Inc		39,132
	183,881		Anadarko Petroleum Corp		16,277,146
	143,199		Apache Corp		11,491,720
	3,270	*,e	APCO Argentina, Inc		55,786
	13,101	*,e	Approach Resources, Inc		347,045
	54,529	e	Arch Coal, Inc		212,663
	21,515	*	Atwood Oceanics, Inc		1,212,155
	162,184		Baker Hughes, Inc		7,692,387
	12,931	*	Basic Energy Services, Inc		147,931
	19,634		Berry Petroleum Co (Class A)		796,159
	15,984	*,e	Bill Barrett Corp		358,361
	2,593		Bolt Technology Corp		47,011
	10,892	*	Bonanza Creek Energy, Inc		443,740
	20,521	*,e	BPZ Energy, Inc		49,456
	12,071		Bristow Group, Inc		820,949
	17,548	*,e	C&J Energy Services, Inc		339,554
	77,919		Cabot Oil & Gas Corp		5,907,819
	42,133	*,e	Cal Dive International, Inc		82,581
	19,530	*	Callon Petroleum Co		78,120
	90,154	*	Cameron International Corp		5,346,132

129

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	7,899	e	CARBO Ceramics, Inc	$	694,006
	16,722	*	Carrizo Oil & Gas, Inc		529,586
	90,146	*	Cheniere Energy, Inc		2,575,471
	216,669		Chesapeake Energy Corp		5,048,388
	716,856		Chevron Corp		90,245,002
	31,493		Cimarex Energy Co		2,407,010
	1,832	*	Clayton Williams Energy, Inc		104,296
	25,412	*,e	Clean Energy Fuels Corp		328,069
	22,665	*	Cloud Peak Energy, Inc		363,320
	102,813	*	Cobalt International Energy, Inc		2,966,155
	20,927		Comstock Resources, Inc		350,946
	39,182	*	Concho Resources, Inc		3,514,234
	456,909		ConocoPhillips		29,635,118
	83,204		Consol Energy, Inc		2,581,820
	4,890		Contango Oil & Gas Co		189,047
	16,028	*,e	Continental Resources, Inc		1,479,384
	3,019	*	Crimson Exploration, Inc		9,691
	17,892		Crosstex Energy, Inc		359,450
	5,452		CVR Energy, Inc		257,280
	20,829	*,m	CVR Energy, Inc (Contingent value right)		0
	3,339	*	Dawson Geophysical Co		120,471
	13,835		Delek US Holdings, Inc		418,509
	139,781	*	Denbury Resources, Inc		2,446,167
	152,195	*	Devon Energy Corp		8,372,247
	26,338	e	Diamond Offshore Drilling, Inc		1,776,235
	6,613	*	Diamondback Energy, Inc		252,484
	28,450	*	Dresser-Rand Group, Inc		1,731,751
	13,978	*	Dril-Quip, Inc		1,270,740
	5,212	*	Emerald Oil, Inc		37,526
	17,623	*,e	Endeavour International Corp		75,074
	26,331		Energen Corp		1,576,964
	29,797		Energy XXI Bermuda Ltd		800,049
	100,966		EOG Resources, Inc		14,689,543
	8,876	*	EPL Oil & Gas, Inc		285,452
	13,463		Equal Energy Ltd		56,545
	54,978		Equitable Resources, Inc		4,755,597
	7,598	*	Era Group, Inc		185,315
	4,771	*	Evolution Petroleum Corp		59,017
	51,151	e	EXCO Resources, Inc		443,479
	19,058	*	Exterran Holdings, Inc		605,091
	1,646,090	d	Exxon Mobil Corp		154,320,937
	86,429	*	FMC Technologies, Inc		4,606,666
	27,363	*,e	Forest Oil Corp		140,099
	14,697	*,e	Forum Energy Technologies, Inc		424,449
	25,452	*,e	Frontline Ltd		66,684
	17,003	*,e	FX Energy, Inc		62,231

130

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	16,386		GasLog Ltd	$	227,765
	20,949	*	Gastar Exploration Ltd		69,132
	5,148	*	Geospace Technologies Corp		383,063
	8,406	*,e	Global Geophysical Services, Inc		36,902
	15,107	e	Golar LNG Ltd		521,645
	6,238	*,e	Goodrich Petroleum Corp		118,647
	9,733	*	Green Plains Renewable Energy, Inc		161,178
	5,048		Gulf Island Fabrication, Inc		124,837
	9,997		Gulfmark Offshore, Inc		492,352
	29,501	*	Gulfport Energy Corp		1,569,453
	58,207	*,e	Halcon Resources Corp		318,974
	3,214		Hallador Petroleum Co		25,326
	341,555		Halliburton Co		15,434,870
	39,621	*	Helix Energy Solutions Group, Inc		1,005,185
	35,345		Helmerich & Payne, Inc		2,233,804
	60,385	*	Hercules Offshore, Inc		416,656
	111,557		Hess Corp		8,306,534
	75,833		Holly Corp		3,454,193
	13,448	*	Hornbeck Offshore Services, Inc		712,072
	50,059	*	ION Geophysical Corp		307,863
	189	*	Isramco, Inc		20,801
	58,975	*	Key Energy Services, Inc		373,901
	241,766		Kinder Morgan, Inc		9,129,084
	16,270	*,e	KiOR, Inc (Class A)		78,259
	10,626		Knightsbridge Tankers Ltd		81,395
	95,815	*	Kodiak Oil & Gas Corp		930,364
	37,750	*	Kosmos Energy LLC		398,640
	11,056	*,e	L&L Energy, Inc		34,605
	14,623	*	Laredo Petroleum Holdings, Inc		320,390
	38,191	*,e	Magnum Hunter Resources Corp		146,272
	258,305		Marathon Oil Corp		9,391,970
	118,256		Marathon Petroleum Corp		8,671,712
	18,567	*	Matador Resources Co		243,228
	10,154	*	Matrix Service Co		160,941
	88,110	*	McDermott International, Inc		762,151
	713	*	Midstates Petroleum Co, Inc		4,278
	15,397	*,e	Miller Petroleum, Inc		76,831
	5,439	*	Mitcham Industries, Inc		92,082
	69,322		Murphy Oil Corp		4,694,486
	108,840		Nabors Industries Ltd		1,675,048
	156,022		National Oilwell Varco, Inc		10,948,064
	5,256	*	Natural Gas Services Group, Inc		127,984
	50,997	*	Newfield Exploration Co		1,254,526
	25,468	*	Newpark Resources, Inc		291,354
	132,442		Noble Energy, Inc		8,276,301
	23,425	e	Nordic American Tanker Shipping		222,069

131

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	23,701	*	Northern Oil And Gas, Inc	$	313,090
	52,319	*,e	Nuverra Environmental Solutions, Inc		154,341
	34,898	*	Oasis Petroleum, Inc		1,467,112
	296,382		Occidental Petroleum Corp		26,392,817
	40,420		Oceaneering International, Inc		3,277,658
	20,680	*	Oil States International, Inc		2,010,716
	2,072		Panhandle Oil and Gas, Inc (Class A)		61,663
	48,346	*	Parker Drilling Co		293,460
	55,777		Patterson-UTI Energy, Inc		1,102,711
	8,786	e	PBF Energy, Inc		201,112
	9,315	*	PDC Energy, Inc		513,722
	101,717		Peabody Energy Corp		1,684,434
	21,053	*	Penn Virginia Corp		106,107
	9,036	*	Petroquest Energy, Inc		40,662
	4,645	*	PHI, Inc		163,504
	231,648		Phillips 66		14,246,352
	23,627	*	Pioneer Energy Services Corp		160,191
	51,050		Pioneer Natural Resources Co		7,900,498
	66,879		Questar Market Resources, Inc		2,039,141
	53,110	*,e	Quicksilver Resources, Inc		77,009
	60,934		Range Resources Corp		4,819,879
	7,272	*	Renewable Energy Group, Inc		113,298
	25,470	*	Resolute Energy Corp		213,184
	18,962	*	Rex Energy Corp		363,881
	3,206	*	Rex Stores Corp		116,666
	5,196	*	RigNet, Inc		141,851
	22,514	*	Rosetta Resources, Inc		1,026,864
	46,269	*	Rowan Cos plc		1,589,340
	23,360	e	RPC, Inc		334,515
	10,525	*,e	Sanchez Energy Corp		248,916
	188,226	*,e	SandRidge Energy, Inc		1,020,185
	489,891		Schlumberger Ltd		39,842,835
	60,317		Scorpio Tankers, Inc		600,154
	7,598		SEACOR Holdings, Inc		665,281
	132,238		Seadrill Ltd		5,643,918
	15,731		SemGroup Corp		887,858
	19,307	e	Ship Finance International Ltd		310,650
	21,421	*,e	Solazyme, Inc		241,415
	128,607	*	Southwestern Energy Co		4,988,666
	246,561		Spectra Energy Corp		8,873,730
	24,768		St. Mary Land & Exploration Co		1,702,305
	16,441	*	Stone Energy Corp		400,503
	58,910	*	Superior Energy Services		1,509,274
	11,498	*,e	Swift Energy Co		146,485
	3,560	*	Synergy Resources Corp		27,590
	11,648		Targa Resources Investments, Inc		794,044

132

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	14,245		Teekay Corp	$	565,099
	29,244	e	Teekay Tankers Ltd (Class A)		82,468
	6,941	*	Tesco Corp		91,899
	51,943		Tesoro Corp		2,952,960
	30,639	*	Tetra Technologies, Inc		310,067
	8,414		TGC Industries, Inc		75,474
	18,874		Tidewater, Inc		1,113,377
	1,808	*	Triangle Petroleum Corp		12,837
	58,407	*,e	Ultra Petroleum Corp		1,264,512
	18,329	*	Unit Corp		826,271
	34,905	*,e	Uranium Energy Corp		80,631
	46,383	*,e	Ur-Energy, Inc		54,268
	11,999	*	Vaalco Energy, Inc		74,394
	203,935		Valero Energy Corp		7,294,755
	76,116	*,e	Vantage Drilling Co		140,053
	12,043	e	W&T Offshore, Inc		196,180
	33,090	*	Warren Resources, Inc		94,968
	19,998	e	Western Refining, Inc		602,540
	2,988	*	Westmoreland Coal Co		38,157
	43,366	*	Whiting Petroleum Corp		2,232,048
	16,492	*	Willbros Group, Inc		118,413
	255,184		Williams Cos, Inc		8,719,637
	27,798		World Fuel Services Corp		1,076,895
	76,575	*	WPX Energy, Inc		1,471,006
			TOTAL ENERGY		658,293,407
FOOD & STAPLES RETAILING - 2.0%
	6,385		Andersons, Inc		378,758
	424		Arden Group, Inc (Class A)		55,116
	14,277		Casey’s General Stores, Inc		945,566
	4,957	*	Chefs’ Warehouse Holdings, Inc		99,388
	160,648		Costco Wholesale Corp		18,842,404
	450,530		CVS Corp		27,703,090
	5,202	*,e	Fairway Group Holdings Corp		130,414
	14,741	*	Fresh Market, Inc		778,030
	16,717		Harris Teeter Supermarkets, Inc		822,142
	5,287		Ingles Markets, Inc (Class A)		150,468
	188,864		Kroger Co		7,416,689
	5,316	e	Nash Finch Co		124,660
	3,192	*,e	Natural Grocers by Vitamin C		114,401
	8,693	*	Pantry, Inc		108,228
	5,815		Pricesmart, Inc		529,339
	269,488	*	Rite Aid Corp		808,464
	9,252	e	Roundy’s, Inc		84,378
	87,732		Safeway, Inc		2,262,608
	8,182		Spartan Stores, Inc		160,940

133

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	75,485	*,e	Supervalu, Inc	$	604,635
	5,964	*	Susser Holdings Corp		308,458
	216,870		Sysco Corp		7,484,184
	18,475	*	United Natural Foods, Inc		1,082,635
	2,381		Village Super Market (Class A)		87,740
	347,654		Walgreen Co		17,469,614
	593,651		Wal-Mart Stores, Inc		46,269,159
	4,057		Weis Markets, Inc		203,743
	137,604		Whole Foods Market, Inc		7,648,030
			TOTAL FOOD & STAPLES RETAILING		142,673,281
FOOD, BEVERAGE & TOBACCO - 4.9%
	673		Alico, Inc		30,837
	33,888	*	Alliance One International, Inc		129,113
	738,812		Altria Group, Inc		25,902,749
	4,614	*,e	Annie’s, Inc		190,604
	242,309		Archer Daniels Midland Co		8,837,009
	19,132		B&G Foods, Inc (Class A)		666,559
	60,086		Beam, Inc		3,904,989
	3,096	*,e	Boston Beer Co, Inc (Class A)		554,122
	21,201	*,e	Boulder Brands, Inc		273,705
	56,733		Brown-Forman Corp (Class B)		4,113,710
	55,190		Bunge Ltd		4,194,992
	4,498	e	Calavo Growers, Inc		122,166
	5,569	e	Cal-Maine Foods, Inc		282,237
	65,886		Campbell Soup Co		3,083,465
	16,833	*	Chiquita Brands International, Inc		203,343
	1,576		Coca-Cola Bottling Co Consolidated		100,643
	1,410,845		Coca-Cola Co		56,546,668
	102,457		Coca-Cola Enterprises, Inc		3,846,236
	155,847		ConAgra Foods, Inc		5,643,220
	56,850	*	Constellation Brands, Inc (Class A)		2,961,316
	2,336	*	Craft Brewers Alliance, Inc		21,024
	41,348	*	Darling International, Inc		839,364
	69,404	*	Dean Foods Co		756,504
	8,876	*,e	Diamond Foods, Inc		180,982
	17,595	*	Dole Food Co, Inc		226,975
	76,263		Dr Pepper Snapple Group, Inc		3,564,533
	3,496	*	Farmer Bros Co		55,691
	63,012		Flowers Foods, Inc		1,446,755
	14,030		Fresh Del Monte Produce, Inc		394,103
	235,711		General Mills, Inc		12,256,972
	56,910	*,e	Green Mountain Coffee Roasters, Inc		4,392,314
	390		Griffin Land & Nurseries, Inc (Class A)		12,410
	14,677	*	Hain Celestial Group, Inc		1,070,834
	56,042		Hershey Co		5,316,704

134

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	45,742		Hillshire Brands Co	$	1,610,576
	50,038		Hormel Foods Corp		2,119,109
	29,245		Ingredion, Inc		1,965,264
	4,223	*	Inventure Foods, Inc		37,458
	5,541		J&J Snack Foods Corp		441,507
	40,077		J.M. Smucker Co		4,509,464
	4,132		John B. Sanfilippo & Son, Inc		89,169
	95,270		Kellogg Co		6,310,685
	221,338		Kraft Foods Group, Inc		12,523,304
	6,903		Lancaster Colony Corp		573,156
	17,708		Lance, Inc		560,458
	1,539	e	Lifeway Foods, Inc		27,209
	3,795		Limoneira Co		85,160
	136,888		Lorillard, Inc		5,821,847
	49,311		McCormick & Co, Inc		3,531,161
	75,696		Mead Johnson Nutrition Co		5,513,697
	51,519		Molson Coors Brewing Co (Class B)		2,579,041
	655,396		Mondelez International, Inc		20,494,233
	50,167	*	Monster Beverage Corp		3,059,685
	3,112		National Beverage Corp		55,331
	9,157	*	Omega Protein Corp		76,644
	577,832		PepsiCo, Inc		48,272,085
	603,270		Philip Morris International, Inc		53,799,618
	20,046	*	Pilgrim’s Pride Corp		333,164
	13,864		Pinnacle Foods, Inc		353,116
	10,904	*	Post Holdings, Inc		505,837
	114,955		Reynolds American, Inc		5,682,226
	8,163		Sanderson Farms, Inc		576,634
	114		Seaboard Corp		321,480
	2,697	*	Seneca Foods Corp		94,800
	51,873	*	Smithfield Foods, Inc		1,722,184
	3,890	*,e	Synutra International, Inc		19,178
	7,393	e	Tootsie Roll Industries, Inc		250,327
	13,623	*	TreeHouse Foods, Inc		967,097
	104,589		Tyson Foods, Inc (Class A)		2,888,748
	8,705	e	Universal Corp		533,616
	22,410	e	Vector Group Ltd		373,126
	52,016	*,e	WhiteWave Foods Co (Class A)		972,179
			TOTAL FOOD, BEVERAGE & TOBACCO		341,772,421
HEALTH CARE EQUIPMENT & SERVICES - 4.5%
	8,309		Abaxis, Inc		349,809
	572,651		Abbott Laboratories		20,976,206
	14,610	*,e	Abiomed, Inc		366,419
	13,258	*	Acadia Healthcare Co, Inc		488,822
	23,614	*,e	Accretive Health, Inc		235,668
	24,799	*	Accuray, Inc		154,002

135

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	1,970	*	Addus HomeCare Corp	$	38,691
	137,658		Aetna, Inc		8,833,514
	14,001	e	Air Methods Corp		470,294
	27,385	*	Align Technology, Inc		1,178,650
	2,068	*	Alliance HealthCare Services, Inc		40,326
	67,579	*	Allscripts Healthcare Solutions, Inc		1,068,424
	3,624		Almost Family, Inc		69,327
	16,501	*	Alphatec Holdings, Inc		37,952
	10,883	*	Amedisys, Inc		136,146
	89,368		AmerisourceBergen Corp		5,207,473
	20,161	*	AMN Healthcare Services, Inc		297,980
	13,262	*	Amsurg Corp		518,677
	4,580		Analogic Corp		326,966
	9,500	*	Angiodynamics, Inc		113,525
	5,650	*	Anika Therapeutics, Inc		113,621
	42,985	*,e	Antares Pharma, Inc		189,994
	10,510	*	Arthrocare Corp		381,093
	13,567	*,e	athenahealth, Inc		1,518,826
	7,736	*	AtriCure, Inc		74,730
	547		Atrion Corp		131,909
	30,674		Bard (C.R.), Inc		3,515,240
	198,553		Baxter International, Inc		14,502,311
	71,060		Becton Dickinson & Co		7,370,343
	11,087	*,e	Biolase Technology, Inc		40,468
	9,133	*,e	Bio-Reference Labs, Inc		244,308
	21,734	*	BioScrip, Inc		353,178
	507,699	*	Boston Scientific Corp		5,544,073
	34,843	*	Brookdale Senior Living, Inc		1,014,628
	12,208		Cantel Medical Corp		324,000
	13,512	*	Capital Senior Living Corp		311,316
	124,220		Cardinal Health, Inc		6,222,180
	7,975	*	Cardiovascular Systems, Inc		164,205
	82,684	*	CareFusion Corp		3,189,122
	76,815	*	Catamaran Corp		4,055,832
	18,408	*	Centene Corp		1,021,092
	110,884	*	Cerner Corp		5,433,316
	22,812	*,e	Cerus Corp		127,747
	7,007	e	Chemed Corp		494,624
	3,366	*,e	Chindex International, Inc		57,626
	103,901		Cigna Corp		8,086,615
	33,956		Community Health Systems, Inc		1,564,013
	3,802		Computer Programs & Systems, Inc		211,923
	10,891		Conmed Corp		357,225
	18,211		Cooper Cos, Inc		2,319,171
	4,790	*	Corvel Corp		162,333
	173,290		Covidien plc		10,679,863
	8,155	*	Cross Country Healthcare, Inc		45,994

136

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	12,510		CryoLife, Inc	$	88,571
	5,224	*	Cutera, Inc		49,889
	10,812	*	Cyberonics, Inc		562,116
	7,529	*	Cynosure, Inc (Class A)		214,426
	34,404	*	DaVita, Inc		4,004,970
	53,300		Dentsply International, Inc		2,285,504
	4,986	*,e	Derma Sciences, Inc		70,851
	26,375	*	DexCom, Inc		574,448
	42,677	*	Edwards Lifesciences Corp		3,046,284
	14,925	*	Emeritus Corp		346,111
	23,560	*	Endologix, Inc		368,243
	6,782		Ensign Group, Inc		259,344
	2,511	*	Exactech, Inc		54,212
	14,231	*	ExamWorks Group, Inc		345,529
	300,211	*	Express Scripts Holding Co		19,678,831
	16,948	*	Five Star Quality Care, Inc		100,332
	11,092	*	GenMark Diagnostics, Inc		105,374
	12,014	*	Gentiva Health Services, Inc		129,030
	20,418	*,e	Globus Medical, Inc		342,206
	8,901	*	Greatbatch, Inc		336,458
	5,605	*,e	Greenway Medical Technologies		64,850
	19,728	*	Haemonetics Corp		832,916
	13,982	*	Hanger Orthopedic Group, Inc		516,215
	103,778		HCA Holdings, Inc		4,047,342
	98,129	*	Health Management Associates, Inc (Class A)		1,322,779
	29,055	*	Health Net, Inc		891,117
	32,669	*	Healthsouth Corp		1,063,703
	7,069	*	HealthStream, Inc		222,674
	12,582	*	Healthways, Inc		215,907
	6,282	*,e	HeartWare International, Inc		580,582
	33,360	*	Henry Schein, Inc		3,463,769
	23,083		Hill-Rom Holdings, Inc		855,687
	33,158	*	HMS Holdings Corp		802,092
	99,949	*	Hologic, Inc		2,268,842
	58,848		Humana, Inc		5,370,468
	4,766	*	ICU Medical, Inc		341,675
	20,701	*,e	Idexx Laboratories, Inc		2,028,491
	20,108	*	Insulet Corp		641,244
	7,453	*	Integra LifeSciences Holdings Corp		293,574
	15,084	*	Intuitive Surgical, Inc		5,852,592
	12,087		Invacare Corp		188,678
	30,397	*	Inverness Medical Innovations, Inc		1,015,260
	7,261	*	IPC The Hospitalist Co, Inc		365,737
	22,884	*	Kindred Healthcare, Inc		351,498
	34,692	*	Laboratory Corp of America Holdings		3,356,104
	3,276		Landauer, Inc		161,409

137

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	6,045	*	LHC Group, Inc	$	138,672
	17,756	*	LifePoint Hospitals, Inc		872,885
	10,331	*	Magellan Health Services, Inc		590,417
	15,982	*,e	MAKO Surgical Corp		224,387
	17,324		Masimo Corp		403,476
	82,779		McKesson Corp		10,153,672
	22,670	*	MedAssets, Inc		493,526
	5,349	*	Medical Action Industries, Inc		49,157
	9,996	*	Medidata Solutions, Inc		924,930
	373,165		Medtronic, Inc		20,613,635
	24,655	*	Merge Healthcare, Inc		111,687
	17,191	e	Meridian Bioscience, Inc		425,133
	14,576	*	Merit Medical Systems, Inc		191,529
	10,432	*	Molina Healthcare, Inc		387,236
	5,005	*	MWI Veterinary Supply, Inc		711,561
	4,115		National Healthcare Corp		197,643
	3,676	*	National Research Corp		66,094
	11,222	*	Natus Medical, Inc		143,529
	8,725	*	Neogen Corp		492,788
	37,584	*,e	Neoprobe Corp		114,255
	16,554	*	NuVasive, Inc		377,762
	24,090	*	NxStage Medical, Inc		312,206
	39,190		Omnicare, Inc		2,068,840
	16,684	*	Omnicell, Inc		352,032
	18,798	*	OraSure Technologies, Inc		83,275
	7,170	*	Orthofix International NV		162,831
	24,181	e	Owens & Minor, Inc		869,549
	33,603		Patterson Cos, Inc		1,374,027
	17,956	*	Pediatrix Medical Group, Inc		1,749,274
	8,696	*	PharMerica Corp		127,309
	5,834	*,e	PhotoMedex, Inc		92,877
	3,827	*	Providence Service Corp		105,510
	16,649		Quality Systems, Inc		380,763
	59,033		Quest Diagnostics, Inc		3,442,214
	11,220	*,e	Quidel Corp		300,359
	53,395	e	Resmed, Inc		2,544,272
	3,118	*	Rochester Medical Corp		46,084
	15,431	*	Rockwell Medical Technologies, Inc		77,927
	22,244	*	RTI Biologics, Inc		87,196
	17,984		Select Medical Holdings Corp		161,316
	20,334	*	Sirona Dental Systems, Inc		1,435,580
	8,440	*	Skilled Healthcare Group, Inc (Class A)		55,029
	27,333	*	Solta Medical, Inc		74,072
	14,984	*	Spectranetics Corp		270,012
	102,991		St. Jude Medical, Inc		5,395,698
	14,524	*	Staar Surgical Co		152,647

138

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	22,630		STERIS Corp	$	1,018,803
	121,541		Stryker Corp		8,563,779
	5,315	*	SurModics, Inc		107,576
	13,828	*	Symmetry Medical, Inc		120,442
	25,727	*	Team Health Holdings, Inc		1,034,740
	9,768	*,e	TearLab Corp		138,217
	15,396		Teleflex, Inc		1,222,904
	39,368	*	Tenet Healthcare Corp		1,757,781
	22,526	*	Thoratec Corp		738,628
	9,905	*	Tornier BV		162,442
	7,094	*	Triple-S Management Corp (Class B)		154,365
	32,651	*,e	Unilife Corp		92,076
	375,326		UnitedHealth Group, Inc		27,342,499
	14,595		Universal American Corp		158,210
	33,529		Universal Health Services, Inc (Class B)		2,345,354
	4,423		US Physical Therapy, Inc		126,586
	954		Utah Medical Products, Inc		53,252
	14,382	*	Vanguard Health Systems, Inc		300,728
	41,343	*	Varian Medical Systems, Inc		2,997,368
	4,948	*	Vascular Solutions, Inc		79,960
	30,395	*	VCA Antech, Inc		874,160
	7,833	*	Vocera Communications, Inc		113,422
	20,487	*	Volcano Corp		409,125
	15,588	*	WellCare Health Plans, Inc		951,336
	109,516		WellPoint, Inc		9,370,189
	12,880		West Pharmaceutical Services, Inc		950,029
	15,979	*	Wright Medical Group, Inc		438,144
	5,184	*,e	Zeltiq Aesthetics, Inc		31,311
	61,314		Zimmer Holdings, Inc		5,118,493
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		316,986,516
HOUSEHOLD & PERSONAL PRODUCTS - 2.0%
	161,076		Avon Products, Inc		3,682,197
	13,362	*	Central Garden and Pet Co (Class A)		100,750
	51,680		Church & Dwight Co, Inc		3,292,016
	49,425		Clorox Co		4,247,585
	342,593		Colgate-Palmolive Co		20,511,043
	9,223	*	Elizabeth Arden, Inc		378,696
	23,276		Energizer Holdings, Inc		2,369,497
	84,209		Estee Lauder Cos (Class A)		5,528,321
	9,176		Female Health Co		84,236
	12,769	*	Harbinger Group, Inc		101,641
	29,602	e	Herbalife Ltd		1,938,931
	5,078		Inter Parfums, Inc		167,473
	140,834		Kimberly-Clark Corp		13,914,399
	43,210	*,e	Lifevantage Corp		112,778

139

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	5,121	*	Medifast, Inc	$	140,008
	3,302		Nature’s Sunshine Products, Inc		60,096
	21,210		Nu Skin Enterprises, Inc (Class A)		1,774,004
	2,679		Nutraceutical International Corp		59,527
	1,470		Oil-Dri Corp of America		46,834
	1,806		Orchids Paper Products Co		48,979
	19,111	*	Prestige Brands Holdings, Inc		648,054
	1,024,228		Procter & Gamble Co		82,245,508
	3,233	*	Revlon, Inc (Class A)		81,116
	7,987		Spectrum Brands, Inc		450,627
	70,404	*,e	Star Scientific, Inc		129,543
	2,225	*,e	USANA Health Sciences, Inc		183,830
	6,057		WD-40 Co		348,338
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		142,646,027
INSURANCE - 4.3%
	124,454		ACE Ltd		11,372,607
	170,164		Aflac, Inc		10,495,716
	6,418	*	Alleghany Corp		2,592,102
	13,106		Allied World Assurance Co Holdings Ltd		1,240,483
	170,590		Allstate Corp		8,696,678
	16,737	*	AMBAC Financial Group, Inc		419,094
	23,828		American Equity Investment Life Holding Co		433,670
	31,156		American Financial Group, Inc		1,610,454
	546,310	*	American International Group, Inc		24,862,568
	2,688		American National Insurance Co		302,400
	4,453	*	American Safety Insurance Holdings Ltd		133,412
	6,359		Amerisafe, Inc		227,207
	11,209	e	Amtrust Financial Services, Inc		466,631
	112,987		Aon plc		7,626,623
	51,333	*	Arch Capital Group Ltd		2,779,682
	9,771		Argo Group International Holdings Ltd		436,275
	47,295		Arthur J. Gallagher & Co		2,098,952
	24,767		Aspen Insurance Holdings Ltd		928,515
	30,571		Assurant, Inc		1,655,725
	59,716		Assured Guaranty Ltd		1,292,254
	44,525		Axis Capital Holdings Ltd		1,939,509
	3,315		Baldwin & Lyons, Inc (Class B)		88,544
	664,305	*	Berkshire Hathaway, Inc (Class B)		76,973,020
	43,421		Brown & Brown, Inc		1,432,459
	94,869		Chubb Corp		8,206,168
	61,062		Cincinnati Financial Corp		2,992,038
	16,339	*,e	Citizens, Inc (Class A)		116,660
	9,808		CNA Financial Corp		348,282
	82,981		Conseco, Inc		1,184,969
	7,638		Crawford & Co (Class B)		60,035

140

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	1,961		Donegal Group, Inc (Class A)	$	26,964
	1,961		Eastern Insurance Holdings, Inc		38,298
	7,310	*	eHealth, Inc		224,709
	1,349		EMC Insurance Group, Inc		39,121
	10,912		Employers Holdings, Inc		286,876
	16,158		Endurance Specialty Holdings Ltd		850,396
	3,581	*	Enstar Group Ltd		514,518
	9,867		Erie Indemnity Co (Class A)		793,011
	18,965		Everest Re Group Ltd		2,532,396
	3,563		FBL Financial Group, Inc (Class A)		157,591
	84,214		Fidelity National Title Group, Inc (Class A)		2,061,559
	36,754		First American Financial Corp		835,418
	1,768	*	Fortegra Financial Corp		11,934
	181,737	*	Genworth Financial, Inc (Class A)		2,360,764
	12,037	*	Greenlight Capital Re Ltd (Class A)		318,258
	3,716	*	Hallmark Financial Services		36,305
	16,499		Hanover Insurance Group, Inc		888,141
	169,333		Hartford Financial Services Group, Inc		5,225,616
	37,526		HCC Insurance Holdings, Inc		1,671,033
	3,402		HCI Group, Inc		124,173
	23,012	*	Hilltop Holdings, Inc		391,894
	14,821		Horace Mann Educators Corp		420,027
	1,286		Independence Holding Co		18,043
	4,110		Infinity Property & Casualty Corp		267,191
	266		Investors Title Co		19,836
	1,246		Kansas City Life Insurance Co		54,836
	17,754		Kemper Corp		620,502
	103,432		Lincoln National Corp		4,310,011
	112,879		Loews Corp		5,141,638
	18,591		Maiden Holdings Ltd		226,067
	5,155	*	Markel Corp		2,732,150
	201,611		Marsh & McLennan Cos, Inc		8,441,453
	51,701	*	MBIA, Inc		697,963
	18,823		Meadowbrook Insurance Group, Inc		142,867
	11,461		Mercury General Corp		506,576
	329,261		Metlife, Inc		15,942,818
	17,536		Montpelier Re Holdings Ltd		473,647
	1,981		National Interstate Corp		53,982
	738		National Western Life Insurance Co (Class A)		157,895
	3,786	*	Navigators Group, Inc		219,437
	96,759		Old Republic International Corp		1,398,168
	7,620		OneBeacon Insurance Group Ltd (Class A)		110,490
	21,527		PartnerRe Ltd		1,927,528
	2,547	*	Phoenix Cos, Inc		108,680
	11,905		Platinum Underwriters Holdings Ltd		691,561
	21,286		Primerica, Inc		873,577

141

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	107,260		Principal Financial Group	$	4,650,794
	23,194		ProAssurance Corp		1,241,575
	220,292		Progressive Corp		5,729,795
	29,292		Protective Life Corp		1,269,222
	169,832		Prudential Financial, Inc		13,411,633
	27,649		Reinsurance Group of America, Inc (Class A)		1,882,620
	16,531		RenaissanceRe Holdings Ltd		1,437,701
	7,871		RLI Corp		649,672
	5,736		Safety Insurance Group, Inc		308,425
	20,750		Selective Insurance Group, Inc		507,337
	16,602		Stancorp Financial Group, Inc		881,400
	5,497		State Auto Financial Corp		111,589
	7,888		Stewart Information Services Corp		243,976
	35,510		Symetra Financial Corp		638,470
	37,371		Torchmark Corp		2,656,331
	13,637		Tower Group International Ltd		298,241
	137,532		Travelers Cos, Inc		11,490,799
	3,761	*	United America Indemnity Ltd		97,711
	7,652		United Fire & Casualty Co		199,029
	10,773		Universal Insurance Holdings, Inc		84,676
	99,811		UnumProvident Corp		3,158,020
	38,148		Validus Holdings Ltd		1,351,584
	42,369		W.R. Berkley Corp		1,795,175
	2,307		White Mountains Insurance Group Ltd		1,379,586
	109,059		XL Capital Ltd		3,419,000
			TOTAL INSURANCE		296,853,011
MATERIALS - 3.7%
	11,923		A. Schulman, Inc		319,536
	3,963	*	Advanced Emissions Solutions, Inc		166,248
	1,660	*	AEP Industries, Inc		133,962
	75,783		Air Products & Chemicals, Inc		8,233,065
	25,131		Airgas, Inc		2,593,771
	22,288	*,e	AK Steel Holding Corp		75,779
	33,077		Albemarle Corp		2,051,105
	399,204		Alcoa, Inc		3,173,672
	40,383	e	Allegheny Technologies, Inc		1,113,359
	35,528	*,e	Allied Nevada Gold Corp		236,972
	8,767		AMCOL International Corp		307,546
	2,133	*	American Pacific Corp		77,577
	12,440		American Vanguard Corp		307,144
	26,428		Aptargroup, Inc		1,543,131
	6,105	*	Arabian American Development Co		54,579
	29,544		Ashland, Inc		2,565,601
	39,107		Avery Dennison Corp		1,749,256
	26,215		Axiall Corp		1,155,557

142

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	12,378		Balchem Corp	$	615,929
	55,586		Ball Corp		2,489,697
	38,932		Bemis Co, Inc		1,603,609
	18,781	*	Berry Plastics Group, Inc		433,090
	5,021	*,e	Boise Cascade Co		132,856
	37,811		Boise, Inc		344,080
	8,346		Brush Engineered Materials, Inc		251,548
	13,669		Buckeye Technologies, Inc		508,760
	24,482		Cabot Corp		1,004,252
	19,670	*	Calgon Carbon Corp		352,683
	17,337		Carpenter Technology Corp		906,378
	6,984	*,e	Castle (A.M.) & Co		118,868
	59,658		Celanese Corp (Series A)		2,867,163
	20,450	*	Century Aluminum Co		171,575
	22,283		CF Industries Holdings, Inc		4,367,691
	1,888		Chase Corp		52,392
	36,737	*	Chemtura		821,439
	8,110	*	Clearwater Paper Corp		396,741
	57,135	e	Cliffs Natural Resources, Inc		1,114,704
	36,784	*	Coeur d’Alene Mines Corp		493,273
	43,343		Commercial Metals Co		671,383
	12,211		Compass Minerals International, Inc		923,152
	53,804	*	Crown Holdings, Inc		2,358,229
	16,452		Cytec Industries, Inc		1,281,611
	4,584		Deltic Timber Corp		276,553
	12,500		Domtar Corp		868,875
	443,292		Dow Chemical Co		15,532,952
	338,033		Du Pont (E.I.) de Nemours & Co		19,501,124
	17,896		Eagle Materials, Inc		1,207,622
	56,316		Eastman Chemical Co		4,529,496
	98,548		Ecolab, Inc		9,080,213
	29,588	*	Ferro Corp		193,210
	18,712	*	Flotek Industries, Inc		366,381
	50,747		FMC Corp		3,357,422
	382,232		Freeport-McMoRan Copper & Gold, Inc (Class B)		10,809,521
	8,264		FutureFuel Corp		130,489
	29,302	*,e	General Moly, Inc		55,088
	15,953		Glatfelter		422,276
	24,098		Globe Specialty Metals, Inc		287,489
	13,992	e	Gold Resource Corp		111,096
	72,477	*	Graphic Packaging Holding Co		623,302
	11,330		Greif, Inc (Class A)		626,776
	2,024	*	GSE Holding, Inc		10,586
	19,733		H.B. Fuller Co		792,280
	3,312		Hawkins, Inc		128,340
	4,206		Haynes International, Inc		202,309

143

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	27,090	*	Headwaters, Inc	$	255,459
	120,609	e	Hecla Mining Co		389,567
	16,957	*	Horsehead Holding Corp		207,723
	68,086		Huntsman Corp		1,226,910
	9,317		Innophos Holdings, Inc		464,359
	8,855		Innospec, Inc		380,057
	30,670		International Flavors & Fragrances, Inc		2,474,456
	161,660		International Paper Co		7,809,795
	20,452	e	Intrepid Potash, Inc		261,377
	7,061		Kaiser Aluminum Corp		460,730
	14,736		Kapstone Paper and Packaging Corp		649,121
	2,157		KMG Chemicals, Inc		48,705
	7,771		Koppers Holdings, Inc		300,349
	12,071	*	Kraton Polymers LLC		245,041
	7,624	e	Kronos Worldwide, Inc		126,101
	9,547	*	Landec Corp		144,064
	52,173	*	Louisiana-Pacific Corp		848,333
	7,147	*	LSB Industries, Inc		234,993
	148,167		LyondellBasell Industries AF S.C.A		10,180,555
	16,956		Martin Marietta Materials, Inc		1,688,818
	64,077		MeadWestvaco Corp		2,367,645
	55,545	*	Midway Gold Corp		57,767
	13,079		Minerals Technologies, Inc		601,634
	30,898	*,e	Molycorp, Inc		230,499
	196,063		Monsanto Co		19,367,103
	110,555		Mosaic Co		4,542,705
	10,337		Myers Industries, Inc		201,261
	5,471		Neenah Paper, Inc		216,487
	3,549		NewMarket Corp		967,315
	177,506		Newmont Mining Corp		5,325,180
	19,907		Noranda Aluminium Holding Corp		61,911
	115,805		Nucor Corp		5,417,358
	27,805		Olin Corp		678,442
	4,086		Olympic Steel, Inc		113,795
	12,974	*	OM Group, Inc		400,507
	17,438	*	Omnova Solutions, Inc		140,550
	62,106	*	Owens-Illinois, Inc		1,847,653
	36,710		Packaging Corp of America		1,974,631
	50,242	*,e	Paramount Gold and Silver Corp		71,344
	3,423	*	Penford Corp		50,797
	37,138		PolyOne Corp		1,073,660
	52,125		PPG Industries, Inc		8,362,935
	108,205		Praxair, Inc		13,002,995
	4,919		Quaker Chemical Corp		324,506
	28,459		Reliance Steel & Aluminum Co		1,997,822
	60,834		Rentech, Inc		130,185
	26,286	*,e	Resolute Forest Products		401,124
	26,352		Rock-Tenn Co (Class A)		3,013,351

144

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	29,075		Rockwood Holdings, Inc	$	1,969,250
	24,083		Royal Gold, Inc		1,244,850
	49,610		RPM International, Inc		1,748,256
	11,776	*	RTI International Metals, Inc		360,934
	9,875		Schnitzer Steel Industries, Inc (Class A)		253,392
	11,483		Schweitzer-Mauduit International, Inc		621,690
	16,558	e	Scotts Miracle-Gro Co (Class A)		832,040
	73,171		Sealed Air Corp		1,993,178
	18,965		Sensient Technologies Corp		834,650
	33,102		Sherwin-Williams Co		5,765,375
	46,455		Sigma-Aldrich Corp		3,881,780
	18,377		Silgan Holdings, Inc		886,506
	37,790		Sonoco Products Co		1,454,537
	59,431		Southern Copper Corp (NY)		1,549,366
	83,065		Steel Dynamics, Inc		1,292,491
	7,384		Stepan Co		442,006
	43,893	*,e	Stillwater Mining Co		531,105
	26,256	*	SunCoke Energy, Inc		414,845
	31,747	*,e	Tahoe Resources, Inc		480,650
	5,952	*	Taminco Corp		135,706
	7,825	*,e	Texas Industries, Inc		486,245
	10,699		Tredegar Corp		321,077
	1,648	*	UFP Technologies, Inc		35,053
	650	*	United States Lime & Minerals, Inc		38,766
	53,871	e	United States Steel Corp		934,662
	2,801	*	Universal Stainless & Alloy		72,266
	5,110	*	US Concrete, Inc		87,688
	8,201	e	US Silica Holdings Inc		198,464
	33,863		Valspar Corp		2,306,748
	48,270		Vulcan Materials Co		2,277,379
	13,427	e	Walter Energy, Inc		150,248
	21,428		Wausau Paper Corp		244,065
	7,788		Westlake Chemical Corp		810,108
	1,691	*	WHX Corp		33,076
	19,729		Worthington Industries, Inc		705,706
	28,411	*	WR Grace & Co		2,182,533
	12,763		Zep, Inc		166,940
	11,765	*,e	Zoltek Cos, Inc		163,886
			TOTAL MATERIALS		258,497,555
MEDIA - 3.8%
	6,831	*	AH Belo Corp (Class A)		51,233
	22,497	*	AMC Networks, Inc		1,535,645
	10,875		Arbitron, Inc		499,815
	38,721		Belo (A.H.) Corp (Class A)		552,161
	77,715		Cablevision Systems Corp (Class A)		1,452,493

145

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	6,600	*	Carmike Cinemas, Inc	$	120,912
	229,296		CBS Corp (Class B)		12,116,001
	25,923	*	Central European Media Enterprises Ltd (Class A) Nasdaq		87,101
	24,757	*	Charter Communications, Inc		3,112,945
	42,456		Cinemark Holdings, Inc		1,236,319
	16,080		Clear Channel Outdoor Holdings, Inc (Class A)		119,314
	967,059		Comcast Corp (Class A)		43,595,020
	8,719	*,e	Crown Media Holdings, Inc (Class A)		25,895
	27,486	*,e	Cumulus Media, Inc (Class A)		117,640
	305	*	Daily Journal Corp		40,748
	6,234	*	Dex Media, Inc		92,887
	10,857	*,e	Digital Generation, Inc		84,142
	193,087	*	DIRECTV		12,216,615
	90,863	*	Discovery Communications, Inc (Class A)		7,243,598
	77,948		DISH Network Corp (Class A)		3,480,378
	27,161	*,e	DreamWorks Animation SKG, Inc (Class A)		672,506
	11,040	*	Entercom Communications Corp (Class A)		108,302
	19,205		Entravision Communications Corp (Class A)		109,276
	10,697	*	EW Scripps Co (Class A)		177,677
	3,371		Fisher Communications, Inc		138,110
	85,528		Gannett Co, Inc		2,203,201
	5,657	*	Global Sources Ltd		40,957
	18,478	*	Gray Television, Inc		144,313
	15,742		Harte-Hanks, Inc		150,494
	2,790	*,e	Hemisphere Media Group, Inc		38,390
	161,224		Interpublic Group of Cos, Inc		2,652,135
	17,022		John Wiley & Sons, Inc (Class A)		768,203
	17,189	*	Journal Communications, Inc (Class A)		157,451
	29,428	*	Lamar Advertising Co (Class A)		1,275,115
	140,157	*	Liberty Global plc (Class A)		11,369,536
	38,668	*	Liberty Media Corp		5,557,752
	28,765	*,e	Lions Gate Entertainment Corp		935,725
	50,991	*	Live Nation, Inc		835,233
	4,961		Loral Space & Communications, Inc		310,013
	22,799	*	Madison Square Garden, Inc		1,344,457
	6,123	e	Martha Stewart Living Omnimedia, Inc (Class A)		15,369
	22,457	*,e	McClatchy Co (Class A)		69,841
	100,083		McGraw-Hill Cos, Inc		6,191,134
	9,466		MDC Partners, Inc		232,958
	7,663	*,e	Media General, Inc (Class A)		84,216
	12,568	e	Meredith Corp		597,231
	7,862		Morningstar, Inc		599,242
	21,254		National CineMedia, Inc		384,910
	47,378	*	New York Times Co (Class A)		577,064
	185,677	*	News Corp		2,957,835
	10,867		Nexstar Broadcasting Group, Inc (Class A)		391,647

146

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	94,195		Omnicom Group, Inc	$	6,053,913
	2,956	*,e	ReachLocal, Inc		38,162
	4,992	*	Reading International, Inc		31,000
	32,302	e	Regal Entertainment Group (Class A)		608,893
	3,861	*	Rentrak Corp		82,934
	1,405		Saga Communications, Inc		72,849
	2,491		Salem Communications		18,857
	8,996		Scholastic Corp		274,378
	40,365		Scripps Networks Interactive (Class A)		2,856,631
	25,576		Sinclair Broadcast Group, Inc (Class A)		721,499
	1,152,366	e	Sirius XM Radio, Inc		4,298,325
	41,232	*	Starz-Liberty Capital		930,606
	139,610		Thomson Corp		4,750,928
	107,439		Time Warner Cable, Inc		12,255,567
	342,487		Time Warner, Inc		21,323,241
	730,109		Twenty-First Century Fox, Inc		21,815,657
	13,323	e	Valassis Communications, Inc		381,437
	178,154		Viacom, Inc (Class B)		12,964,267
	663,835		Walt Disney Co		42,916,933
	1,580	e	Washington Post Co (Class B)		849,029
	10,640	e	World Wrestling Entertainment, Inc (Class A)		113,210
			TOTAL MEDIA		262,229,471
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 8.1%
	582,550		AbbVie, Inc		26,494,374
	26,308	*,e	Acadia Pharmaceuticals, Inc		518,268
	4,312	*,e	Accelerate Diagnostics, Inc		36,135
	7,844	*,e	AcelRx Pharmaceuticals, Inc		91,383
	37,664	*	Achillion Pharmaceuticals, Inc		268,921
	15,182	*	Acorda Therapeutics, Inc		576,461
	49,826	*	Actavis, Inc		6,690,137
	10,661	*	Aegerion Pharmaceuticals, Inc		976,441
	28,390	*	Affymetrix, Inc		107,882
	129,667		Agilent Technologies, Inc		5,800,005
	21,973	*	Akorn, Inc		311,797
	8,811	*	Albany Molecular Research, Inc		111,988
	71,572	*	Alexion Pharmaceuticals, Inc		8,318,814
	6,677	*	Alimera Sciences, Inc		30,848
	47,374	*	Alkermes plc		1,590,819
	108,092		Allergan, Inc		9,849,343
	21,765	*	Alnylam Pharmaceuticals, Inc		1,004,890
	8,079	*	AMAG Pharmaceuticals, Inc		181,777
	276,120		Amgen, Inc		29,901,035
	8,671	*,e	Amicus Therapeutics, Inc		21,157
	12,638	*,e	Ampio Pharmaceuticals, Inc		70,267
	9,613	*,e	Anacor Pharmaceuticals, Inc		73,539

147

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	81,542	*,e	Arena Pharmaceuticals, Inc	$	566,717
	68,962	*	Ariad Pharmaceuticals, Inc		1,281,314
	16,141	*	Arqule, Inc		43,096
	44,275	*	Array Biopharma, Inc		294,871
	38,478	*	Astex Pharmaceuticals		201,240
	18,582	*	Auxilium Pharmaceuticals, Inc		341,166
	50,048	*,e	AVANIR Pharmaceuticals, Inc		235,726
	15,045	*,e	AVEO Pharmaceuticals, Inc		36,108
	11,182	*,e	BioDelivery Sciences International, Inc		48,306
	87,181	*	Biogen Idec, Inc		19,016,792
	51,974	*	BioMarin Pharmaceuticals, Inc		3,360,119
	7,643	*	Bio-Rad Laboratories, Inc (Class A)		932,370
	14,329	*,e	Biotime, Inc		56,313
	604,176		Bristol-Myers Squibb Co		26,124,570
	40,872	*	Bruker BioSciences Corp		732,426
	25,733	*	Cadence Pharmaceuticals, Inc		192,226
	11,293	*	Cambrex Corp		165,442
	153,336	*	Celgene Corp		22,518,925
	40,506	*,e	Cell Therapeutics, Inc		45,772
	29,432	*,e	Celldex Therapeutics, Inc		602,767
	5,415	*	Cempra, Inc		47,435
	25,872	*,e	Cepheid, Inc		902,157
	19,653	*	Charles River Laboratories International, Inc		894,998
	24,776	*	Chelsea Therapeutics International, Inc		73,337
	8,998	*	ChemoCentryx, Inc		125,792
	3,273	*	Chimerix, Inc		74,428
	1,296	*,m	Clinical Data, Inc		1,231
	5,241	*	Clovis Oncology, Inc		408,169
	9,235	*,e	Corcept Therapeutics, Inc		19,486
	2,379	*	Cornerstone Therapeutics, Inc		21,221
	8,094	*,e	Coronado Biosciences, Inc		63,376
	20,512	*	Covance, Inc		1,692,240
	24,322	*	Cubist Pharmaceuticals, Inc		1,515,990
	30,922	*,e	Curis, Inc		128,326
	9,307	*	Cytokinetics, Inc		115,779
	21,131	*,e	Cytori Therapeutics, Inc		59,589
	59,387	*,e	Dendreon Corp		272,586
	16,849	*	Depomed, Inc		109,855
	4,787	*	Durata Therapeutics, Inc		41,455
	37,174	*	Dyax Corp		149,811
	50,218	*,e	Dynavax Technologies Corp		66,790
	363,946		Eli Lilly & Co		19,329,172
	9,351	*	Emergent Biosolutions, Inc		165,419
	1,466	*	Enanta Pharmaceuticals, Inc		26,886
	41,904	*	Endo Pharmaceuticals Holdings, Inc		1,611,628
	11,303	*	Endocyte, Inc		203,115

148

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	10,740		Enzon Pharmaceuticals, Inc	$	21,480
	2,204	*,e	Epizyme, Inc		79,564
	23,898	*,e	Exact Sciences Corp		327,881
	68,038	*,e	Exelixis, Inc		344,953
	6,457	*	Fibrocell Science, Inc		32,156
	8,403	*	Fluidigm Corp		149,237
	101,580	*	Forest Laboratories, Inc		4,424,825
	2,733	*	Furiex Pharmaceuticals Inc		120,225
	29,611	*,e	Galena Biopharma, Inc		57,741
	7,399	*,e	Genomic Health, Inc		263,700
	58,020	*,e	Geron Corp		76,006
	561,772	*	Gilead Sciences, Inc		34,520,889
	1,967	*,e	Golf Trust Of America, Inc		6,688
	6,777	*,e	GTx, Inc		32,462
	35,725	*,e	Halozyme Therapeutics, Inc		304,020
	6,915	*	Harvard Bioscience, Inc		36,995
	4,090		Hi-Tech Pharmacal Co, Inc		146,995
	16,239	*,e	Horizon Pharma, Inc		40,922
	61,317	*	Hospira, Inc		2,495,602
	3,264	*,e	Hyperion Therapeutics, Inc		81,763
	32,172	*,e	Idenix Pharmaceuticals, Inc		126,436
	46,480	*,e	Illumina, Inc		3,710,034
	31,551	*,e	Immunogen, Inc		601,047
	21,788	*,e	Immunomedics, Inc		123,974
	23,255	*	Impax Laboratories, Inc		482,309
	37,550	*,e	Incyte Corp		879,045
	17,926	*	Infinity Pharmaceuticals, Inc		379,673
	10,443	*	Insmed, Inc		116,022
	1,634	*	Insys Therapeutics, Inc		27,909
	2,338	*	Intercept Pharmaceuticals, Inc		109,442
	30,727	*,e	InterMune, Inc		476,576
	36,276	*,e	Ironwood Pharmaceuticals, Inc		444,018
	42,323	*,e	Isis Pharmaceuticals, Inc		1,221,019
	19,725	*	Jazz Pharmaceuticals plc		1,489,435
	1,037,152		Johnson & Johnson		96,973,712
	30,434	*,e	Keryx Biopharmaceuticals, Inc		276,949
	3,790	*,e	KYTHERA Biopharmaceuticals, Inc		104,452
	4,773	*	Lannett Co, Inc		66,297
	85,331	*	Lexicon Pharmaceuticals, Inc		211,621
	64,328	*	Life Technologies Corp		4,798,869
	6,608	*	Ligand Pharmaceuticals, Inc (Class B)		313,087
	15,923	*	Luminex Corp		317,027
	21,973	*	Mallinckrodt plc		1,008,341
	54,167	*,e	MannKind Corp		418,169
	21,002	*	Medicines Co		648,962
	27,913	*	Medivation, Inc		1,615,325

149

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	3,680	*,e	MEI Pharma, Inc	$	27,931
	1,113,722		Merck & Co, Inc		53,647,989
	34,140	*,e	Merrimack Pharmaceuticals, Inc		163,189
	11,607	*	Mettler-Toledo International, Inc		2,560,504
	31,009	*	MiMedx Group, Inc		194,116
	16,285	*	Momenta Pharmaceuticals, Inc		281,079
	142,350	*	Mylan Laboratories, Inc		4,777,266
	30,256	*,e	Myriad Genetics, Inc		897,696
	15,706	*	Nanosphere, Inc		49,631
	43,257	*	Nektar Therapeutics		484,911
	11,661	*	NeoGenomics, Inc		33,117
	24,835	*	Neurocrine Biosciences, Inc		347,442
	6,193	*,e	NewLink Genetics Corp		111,226
	41,207	*,e	Novavax, Inc		110,847
	36,454	*	NPS Pharmaceuticals, Inc		656,537
	9,798	*,e	Omeros Corp		52,615
	1,988	*,m	Omthera Pharmaceuticals, Inc		1,193
	4,456	*	OncoGenex Pharmaceutical, Inc		43,535
	27,191	*	Onyx Pharmaceuticals, Inc		3,570,178
	53,230	*,e	Opko Health, Inc		396,563
	18,297	*,e	Optimer Pharmaceuticals, Inc		228,895
	41,168	*,e	Orexigen Therapeutics, Inc		312,877
	4,904	*,e	Osiris Therapeutics, Inc		56,151
	3,243	*	OvaScience, Inc		41,154
	8,300	*	Pacific Biosciences of California, Inc		21,497
	10,375	*	Pacira Pharmaceuticals, Inc		352,024
	21,458	*	Parexel International Corp		1,061,098
	52,362	e	PDL BioPharma, Inc		425,179
	51,571	*,e	Peregrine Pharmaceuticals, Inc		73,231
	42,252		PerkinElmer, Inc		1,440,371
	35,545		Perrigo Co		4,421,443
	2,468,289		Pfizer, Inc		72,148,087
	21,695	*	Pharmacyclics, Inc		2,356,728
	3,729	*	Portola Pharmaceuticals, Inc		85,692
	11,983	*	Pozen, Inc		68,902
	15,979	*	Progenics Pharmaceuticals, Inc		95,714
	4,518	*	Prothena Corp plc		78,478
	9,576	*	Puma Biotechnology, Inc		489,429
	87,522	*	Qiagen N.V. (NASDAQ)		1,829,210
	19,813	e	Questcor Pharmaceuticals, Inc		1,323,905
	10,125	*	Quintiles Transnational Holdings, Inc		454,106
	20,411	*,e	Raptor Pharmaceutical Corp		203,498
	2,085	*	Receptos, Inc		41,471
	29,232	*	Regeneron Pharmaceuticals, Inc		7,894,394
	3,461	*,e	Regulus Therapeutics, Inc		35,095
	14,014	*	Repligen Corp		142,522

150

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	8,488	*,e	Repros Therapeutics, Inc	$	175,107
	32,490	*	Rigel Pharmaceuticals, Inc		123,787
	6,096	*	Sagent Pharmaceuticals		132,466
	23,246	*	Salix Pharmaceuticals Ltd		1,717,879
	19,696	*,e	Sangamo Biosciences, Inc		192,036
	20,669	*	Santarus, Inc		502,670
	11,955	*,e	Sarepta Therapeutics, Inc		442,574
	21,735	*	Sciclone Pharmaceuticals, Inc		136,061
	37,646	*,e	Seattle Genetics, Inc		1,525,416
	41,599	*,e	Sequenom, Inc		124,797
	10,219	*,e	SIGA Technologies, Inc		32,599
	20,745	e	Spectrum Pharmaceuticals, Inc		175,088
	3,376	*,e	Stemline Therapeutics, Inc		95,001
	5,074	*	Sucampo Pharmaceuticals, Inc (Class A)		31,104
	14,120	*,e	Sunesis Pharmaceuticals, Inc		71,730
	2,879	*,e	Supernus Pharmaceuticals, Inc		19,721
	6,335	*	Synageva BioPharma Corp		304,713
	30,313	*,e	Synergy Pharmaceuticals, Inc		136,408
	19,106	*,e	Synta Pharmaceuticals Corp		128,201
	14,240	*	Targacept, Inc		71,200
	14,263		Techne Corp		1,051,754
	4,917	*,e	TESARO, Inc		167,768
	4,186	*	Tetraphase Pharmaceuticals, Inc		33,069
	5,277	*	TG Therapeutics, Inc		32,242
	29,412	*,e	TherapeuticsMD, Inc		67,942
	27,210	*,e	Theravance, Inc		1,049,218
	131,209		Thermo Electron Corp		11,954,452
	19,539	*,e	Threshold Pharmaceuticals, Inc		105,901
	12,044	*,e	Trius Therapeutics, Inc		169,820
	17,377	*	United Therapeutics Corp		1,300,495
	8,304	*	Vanda Pharmaceuticals, Inc		96,825
	5,194	*	Verastem, Inc		79,364
	81,091	*	Vertex Pharmaceuticals, Inc		6,471,062
	28,303	*,e	Vical, Inc		109,250
	24,172	*	Viropharma, Inc		829,583
	37,786	*,e	Vivus, Inc		559,611
	93,206		Warner Chilcott plc		1,986,220
	32,513	*	Waters Corp		3,281,862
	14,873	*	Xenoport, Inc		80,165
	28,108	*,e	XOMA Corp		152,626
	20,253	*,e	ZIOPHARM Oncology, Inc		60,354
	185,169		Zoetis Inc		5,519,888
	21,917	*,e	Zogenix, Inc		33,971
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		563,867,388

151

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
REAL ESTATE - 3.5%
	21,412		Acadia Realty Trust	$	552,001
	10,534		AG Mortgage Investment Trust		191,087
	4,398		Agree Realty Corp		132,644
	16,150	*	Alexander & Baldwin, Inc		715,283
	732		Alexander’s, Inc		221,064
	26,638		Alexandria Real Estate Equities, Inc		1,824,703
	9,418	*	Altisource Residential Corp		180,543
	12,576		American Assets Trust,Inc		407,462
	39,188		American Campus Communities, Inc		1,505,211
	146,228		American Capital Agency Corp		3,294,517
	22,273		American Capital Mortgage, Inc		436,105
	57,343		American Realty Capital Properties, Inc		828,606
	5,038	*	American Residential Properties, Inc		88,367
	149,108		American Tower Corp		10,555,355
	5,893		AmREIT, Inc (Class B)		107,783
	354,173		Annaly Capital Management, Inc		4,221,742
	57,672		Anworth Mortgage Asset Corp		280,286
	54,384		Apartment Investment & Management Co (Class A)		1,597,802
	16,356		Apollo Commercial Real Estate Finance, Inc		262,187
	3,864		Ares Commercial Real Estate Corp		50,773
	6,956		Armada Hoffler Properties, Inc		75,612
	139,081	*	ARMOUR Residential REIT, Inc		620,301
	19,306		Ashford Hospitality Trust, Inc		225,301
	20,272		Associated Estates Realty Corp		309,756
	3,145	*	AV Homes, Inc		50,792
	47,065		AvalonBay Communities, Inc		6,369,777
	4,333		Aviv REIT, Inc		107,892
	70,145		BioMed Realty Trust, Inc		1,449,196
	55,075		Boston Properties, Inc		5,890,271
	58,338		Brandywine Realty Trust		813,232
	28,976		BRE Properties, Inc (Class A)		1,537,467
	31,721		Camden Property Trust		2,237,599
	21,115		Campus Crest Communities, Inc		239,655
	31,670		Capital Lease Funding, Inc		268,562
	33,033		Capstead Mortgage Corp		390,450
	60,284		CBL & Associates Properties, Inc		1,372,667
	104,408	*	CBRE Group, Inc		2,419,133
	27,626		Cedar Shopping Centers, Inc		153,048
	92,932	*	Chambers Street Properties		751,820
	5,869		Chatham Lodging Trust		102,473
	17,952		Chesapeake Lodging Trust		411,280
	374,448		Chimera Investment Corp		1,115,855
	32,998		Colonial Properties Trust		798,882
	23,069		Colony Financial, Inc		467,839
	2,182		Consolidated-Tomoka Land Co		84,771

152

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	7,112		Coresite Realty	$	241,523
	32,018		Corporate Office Properties Trust		815,819
	39,715		Cousins Properties, Inc		407,079
	50,625		CubeSmart		820,125
	7,110		CyrusOne, Inc		144,688
	63,214		CYS Investments, Inc		524,676
	108,841		DCT Industrial Trust, Inc		817,396
	98,520		DDR Corp		1,682,722
	72,812		DiamondRock Hospitality Co		706,276
	48,246		Digital Realty Trust, Inc		2,667,521
	53,130		Douglas Emmett, Inc		1,328,781
	120,061		Duke Realty Corp		1,977,405
	23,329		DuPont Fabros Technology, Inc		534,467
	20,716		Dynex Capital, Inc		199,081
	12,403		EastGroup Properties, Inc		767,250
	42,560		Education Realty Trust, Inc		401,341
	2,301		Ellington Residential Mortgage REIT		35,711
	17,176		Entertainment Properties Trust		865,327
	31,110		Equity Lifestyle Properties, Inc		1,197,424
	22,499		Equity One, Inc		520,627
	131,288		Equity Residential		7,352,128
	14,410		Essex Property Trust, Inc		2,324,189
	18,346		Excel Trust, Inc		238,131
	41,457		Extra Space Storage, Inc		1,743,267
	25,076		Federal Realty Investment Trust		2,641,255
	26,704	*	FelCor Lodging Trust, Inc		161,292
	38,887		First Industrial Realty Trust, Inc		636,191
	22,801		First Potomac Realty Trust		309,410
	56,455	*	Forest City Enterprises, Inc (Class A)		989,092
	15,764	*	Forestar Real Estate Group, Inc		340,660
	35,525		Franklin Street Properties Corp		472,838
	221,894		General Growth Properties, Inc		4,602,082
	10,897		Getty Realty Corp		224,369
	4,633		Gladstone Commercial Corp		86,220
	52,990		Glimcher Realty Trust		595,608
	20,258		Government Properties Income Trust		511,920
	22,612	*	Gramercy Property Trust, Inc		107,407
	36,203		Hatteras Financial Corp		727,318
	167,002		HCP, Inc		7,326,378
	103,156		Health Care REIT, Inc		6,652,530
	33,692		Healthcare Realty Trust, Inc		866,221
	41,493		Healthcare Trust of America, Inc		454,348
	72,994		Hersha Hospitality Trust		428,475
	30,091		Highwoods Properties, Inc		1,091,701
	19,455		Home Properties, Inc		1,241,424
	52,462		Hospitality Properties Trust		1,494,642

153

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	269,062		Host Marriott Corp	$	4,805,447
	14,479	*	Howard Hughes Corp		1,581,252
	44,336		HRPT Properties Trust		1,022,832
	15,695		Hudson Pacific Properties		340,581
	31,708		Inland Real Estate Corp		326,275
	49,449		Invesco Mortgage Capital, Inc		812,447
	37,536		Investors Real Estate Trust		324,311
	33,750	*	iStar Financial, Inc		383,400
	4,945	*	JAVELIN Mortgage Investment Corp		66,214
	17,162		Jones Lang LaSalle, Inc		1,562,257
	22,340	e	Kennedy-Wilson Holdings, Inc		382,014
	28,254		Kilroy Realty Corp		1,478,814
	148,002		Kimco Realty Corp		3,337,445
	34,594		Kite Realty Group Trust		199,607
	35,783		LaSalle Hotel Properties		963,994
	62,761		Lexington Corporate Properties Trust		787,023
	39,740		Liberty Property Trust		1,518,465
	13,896		LTC Properties, Inc		537,358
	51,436		Macerich Co		3,191,604
	34,677		Mack-Cali Realty Corp		834,329
	21,143	*	Maguire Properties, Inc		66,178
	56,666		Medical Properties Trust, Inc		827,324
	126,591		MFA Mortgage Investments, Inc		1,010,196
	15,885		Mid-America Apartment Communities, Inc		1,073,032
	17,841		Monmouth Real Estate Investment Corp (Class A)		174,485
	9,631		National Health Investors, Inc		602,804
	43,816		National Retail Properties, Inc		1,533,122
	94,822		New Residential Investment Corp		628,670
	23,936		New York Mortgage Trust, Inc		154,148
	72,127		NorthStar Realty Finance Corp		706,845
	42,251		Omega Healthcare Investors, Inc		1,344,849
	4,564		One Liberty Properties, Inc		106,022
	17,010		Parkway Properties, Inc		297,675
	22,777		Pebblebrook Hotel Trust		607,007
	24,545		Pennsylvania Real Estate Investment Trust		508,081
	21,901		Pennymac Mortgage Investment Trust		483,574
	65,135		Piedmont Office Realty Trust, Inc		1,178,292
	60,585		Plum Creek Timber Co, Inc		2,955,336
	21,154		Post Properties, Inc		984,084
	16,728		Potlatch Corp		736,534
	181,450		Prologis, Inc		6,960,422
	7,473		PS Business Parks, Inc		547,547
	52,348		Public Storage, Inc		8,334,849
	25,833		RAIT Investment Trust		195,297
	22,438		Ramco-Gershenson Properties		347,565
	47,128		Rayonier, Inc		2,754,160
	44,953	*	Realogy Holdings Corp		2,021,087
	73,583		Realty Income Corp		3,194,238
	29,164		Redwood Trust, Inc		494,038

154

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	34,297		Regency Centers Corp	$	1,808,481
	44,895		Resource Capital Corp		298,103
	25,129		Retail Opportunities Investment Corp		344,267
	47,913		Retail Properties of America, Inc		675,094
	45,951		RLJ Lodging Trust		1,112,933
	8,485		Rouse Properties, Inc		172,670
	16,520		Ryman Hospitality Properties		615,370
	12,802		Sabra Healthcare REIT, Inc		335,924
	3,002		Saul Centers, Inc		136,231
	7,158		Select Income REIT		193,123
	70,664		Senior Housing Properties Trust		1,777,200
	8,299		Silver Bay Realty Trust Corp		133,531
	113,841		Simon Property Group, Inc		18,221,390
	34,201		SL Green Realty Corp		3,100,321
	11,759		Sovran Self Storage, Inc		812,547
	141,210		Spirit Realty Capital, Inc		1,289,247
	24,785	*,e	St. Joe Co		562,124
	16,132		STAG Industrial, Inc		334,416
	62,547		Starwood Property Trust, Inc		1,588,694
	56,605	*	Strategic Hotels & Resorts, Inc		501,520
	23,376		Summit Hotel Properties, Inc		236,565
	13,687		Sun Communities, Inc		662,725
	60,646	*	Sunstone Hotel Investors, Inc		784,759
	35,379		Tanger Factory Outlet Centers, Inc		1,147,341
	22,944		Taubman Centers, Inc		1,679,960
	5,083	*	Tejon Ranch Co		171,755
	7,049		Terreno Realty Corp		129,279
	9,787		Thomas Properties Group, Inc		55,394
	132,487		Two Harbors Investment Corp		1,328,845
	93,314		UDR, Inc		2,336,583
	5,775		UMH Properties, Inc		63,121
	4,709		Universal Health Realty Income Trust		204,700
	5,504		Urstadt Biddle Properties, Inc (Class A)		116,244
	106,970		Ventas, Inc		7,032,208
	68,142		Vornado Realty Trust		5,779,123
	24,974		Washington Real Estate Investment Trust		671,301
	45,541		Weingarten Realty Investors		1,426,344
	9,127		Western Asset Mortgage Capital Corp		153,242
	201,354		Weyerhaeuser Co		5,718,454
	6,658		Whitestone REIT		107,726
	13,999		Winthrop Realty Trust		178,767
	20,958		WP Carey, Inc		1,480,054
	7,855		ZAIS Financial Corp		134,792
			TOTAL REAL ESTATE		246,887,085

155

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
RETAILING - 4.5%
	8,446	*	1-800-FLOWERS.COM, Inc (Class A)	$	55,575
	28,417		Aaron’s, Inc		814,431
	29,238		Abercrombie & Fitch Co (Class A)		1,458,099
	26,410		Advance Auto Parts, Inc		2,178,561
	28,454	*	Aeropostale, Inc		430,509
	135,585	*	Amazon.com, Inc		40,840,914
	72,123		American Eagle Outfitters, Inc		1,416,496
	3,105	*	America’s Car-Mart, Inc		134,384
	17,000	*	Ann Taylor Stores Corp		576,130
	11,188	*	Asbury Automotive Group, Inc		546,422
	48,887	*	Ascena Retail Group, Inc		933,253
	8,519	*	Audiovox Corp (Class A)		115,432
	18,998	*	Autonation, Inc		910,004
	13,294	*	Autozone, Inc		5,963,423
	15,213	*,e	Barnes & Noble, Inc		271,552
	11,299		Bebe Stores, Inc		67,568
	80,757	*	Bed Bath & Beyond, Inc		6,175,488
	102,349		Best Buy Co, Inc		3,079,681
	6,107		Big 5 Sporting Goods Corp		123,789
	21,816	*	Big Lots, Inc		788,212
	5,353	*	Blue Nile, Inc		207,857
	6,527	*	Body Central Corp		78,716
	5,473	e	Bon-Ton Stores, Inc		103,221
	14,077		Brown Shoe Co, Inc		334,610
	10,487	e	Buckle, Inc		587,062
	17,828	*	Cabela’s, Inc		1,223,714
	84,387	*	Carmax, Inc		4,138,339
	10,244		Cato Corp (Class A)		288,369
	60,599		Chico’s FAS, Inc		1,038,061
	8,360	*	Children’s Place Retail Stores, Inc		451,774
	9,817	*	Christopher & Banks Corp		67,148
	6,442	*	Citi Trends, Inc		90,768
	8,368	*,e	Conn’s, Inc		540,740
	3,959		Core-Mark Holding Co, Inc		248,031
	23,010	*	CST Brands, Inc		750,356
	5,437		Destination Maternity Corp		163,436
	18,923	*	Destination XL Group, Inc		122,053
	36,866		Dick’s Sporting Goods, Inc		1,895,281
	10,057		Dillard’s, Inc (Class A)		849,113
	122,458	*	Dollar General Corp		6,694,779
	82,825	*	Dollar Tree, Inc		4,443,561
	12,973		DSW, Inc (Class A)		983,224
	39,844		Expedia, Inc		1,877,848
	31,920	*	Express Parent LLC		719,796
	36,249		Family Dollar Stores, Inc		2,492,481

156

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	17,617		Finish Line, Inc (Class A)	$	392,154
	12,261	*,e	Five Below, Inc		476,462
	54,701		Foot Locker, Inc		1,976,347
	14,180	*,e	Francesca’s Holdings Corp		352,515
	15,867		Fred’s, Inc (Class A)		272,912
	44,593	e	GameStop Corp (Class A)		2,187,733
	100,269		Gap, Inc		4,602,347
	8,477	*	Genesco, Inc		596,611
	57,945		Genuine Parts Co		4,750,911
	36,768		GNC Holdings, Inc		1,940,615
	4,270	*	Gordmans Stores, Inc		59,737
	8,577		Group 1 Automotive, Inc		624,320
	156,834	*	Groupon, Inc		1,389,549
	21,381		Guess?, Inc		720,112
	7,219		Haverty Furniture Cos, Inc		187,694
	4,755	*,e	HHgregg, Inc		74,606
	9,575	*,e	Hibbett Sports, Inc		561,574
	538,372		Home Depot, Inc		42,547,539
	21,053	*,e	HomeAway, Inc		633,906
	13,124		HSN, Inc		788,227
	60,353	*,e	JC Penney Co, Inc		881,154
	9,655	*,e	JOS A Bank Clothiers, Inc		394,503
	4,723	*	Kirkland’s, Inc		83,030
	82,915		Kohl’s Corp		4,392,837
	89,672		L Brands, Inc		5,001,007
	199,016	*	Liberty Media Holding Corp (Interactive A)		4,867,931
	13,746	*	Liberty Ventures		1,233,291
	8,283		Lithia Motors, Inc (Class A)		540,383
	110,040	*	LKQ Corp		2,868,743
	399,423		Lowe’s Companies, Inc		17,806,277
	9,369	*,e	Lumber Liquidators, Inc		907,107
	139,021		Macy’s, Inc		6,720,275
	9,771	*	MarineMax, Inc		113,637
	2,500	*,e	Mattress Firm Holding Corp		102,125
	17,713		Men’s Wearhouse, Inc		707,280
	11,016	e	Monro Muffler, Inc		473,798
	18,803	*	NetFlix, Inc		4,592,069
	10,555	*	New York & Co, Inc		65,758
	54,195		Nordstrom, Inc		3,318,902
	10,530		Nutri/System, Inc		131,730
	97,331	*,e	Office Depot, Inc		421,443
	32,919	e	OfficeMax, Inc		374,947
	9,384	*,e	Orbitz Worldwide, Inc		86,427
	40,869	*	O’Reilly Automotive, Inc		5,119,251
	4,803	*,e	Overstock.com, Inc		163,350
	15,755		Penske Auto Group, Inc		585,771

157

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	18,406	*	PEP Boys - Manny Moe & Jack	$	229,155
	8,670	e	PetMed Express, Inc		145,223
	37,989		Petsmart, Inc		2,781,555
	35,284		Pier 1 Imports, Inc		829,174
	18,971	*	Priceline.com, Inc		16,612,336
	39,891	*,e	RadioShack Corp		108,902
	20,049	e	Rent-A-Center, Inc		801,760
	6,606	*	Restoration Hardware Holdings, Inc		441,413
	82,162		Ross Stores, Inc		5,543,470
	5,367	*	Rue21, Inc		224,233
	38,254	*,e	Saks, Inc		612,829
	63,235	*	Sally Beauty Holdings, Inc		1,929,300
	14,778	*,e	Sears Holdings Corp		676,832
	3,254	*	Sears Hometown and Outlet Stores, Inc		141,777
	20,764	*	Select Comfort Corp		474,457
	6,270		Shoe Carnival, Inc		167,472
	14,577	*	Shutterfly, Inc		781,181
	30,251		Signet Jewelers Ltd		2,211,651
	14,032		Sonic Automotive, Inc (Class A)		310,668
	12,325		Stage Stores, Inc		307,632
	241,905		Staples, Inc		4,117,223
	11,352		Stein Mart, Inc		158,587
	3,201		Systemax, Inc		30,826
	235,403		Target Corp		16,772,464
	42,675		Tiffany & Co		3,393,089
	6,174	*	Tile Shop Holdings, Inc		175,527
	4,219	*	Tilly’s, Inc		61,935
	263,559		TJX Companies, Inc		13,715,610
	25,806		Tractor Supply Co		3,125,881
	41,920	*	TripAdvisor, Inc		3,144,838
	17,056	*	Tuesday Morning Corp		191,368
	23,744		Ulta Salon Cosmetics & Fragrance, Inc		2,395,770
	38,695	*	Urban Outfitters, Inc		1,646,859
	14,600	*	Valuevision International, Inc (Class A)		86,578
	6,650	*,e	Vitacost.com, Inc		59,318
	11,271	*	Vitamin Shoppe, Inc		541,346
	4,388	*	West Marine, Inc		47,654
	35,469	*	Wet Seal, Inc (Class A)		155,709
	14,884	*	WEX, Inc		1,294,015
	36,560		Williams-Sonoma, Inc		2,151,922
	664		Winmark Corp		47,742
	12,345	*	Zale Corp		114,562
	9,084	*,e	Zumiez, Inc		250,446
			TOTAL RETAILING		313,369,447

158

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.1%
	14,617	*	Advanced Energy Industries, Inc	$	316,604
	214,500	*,e	Advanced Micro Devices, Inc		808,665
	5,299	*	Alpha & Omega Semiconductor Ltd		40,537
	119,818		Altera Corp		4,260,728
	6,809	*,e	Ambarella, Inc		113,029
	23,901	*,e	Amkor Technology, Inc		100,862
	31,117	*	Anadigics, Inc		66,902
	113,725		Analog Devices, Inc		5,613,466
	438,654		Applied Materials, Inc		7,154,447
	25,398	*	Applied Micro Circuits Corp		301,474
	169,890	*	Atmel Corp		1,342,131
	11,979	*	ATMI, Inc		297,678
	91,927		Avago Technologies Ltd		3,371,882
	31,424	*	Axcelis Technologies, Inc		68,504
	208,033		Broadcom Corp (Class A)		5,735,470
	23,041		Brooks Automation, Inc		226,263
	5,737		Cabot Microelectronics Corp		212,154
	17,964	*	Cavium Networks, Inc		656,764
	8,474	*,e	Ceva, Inc		154,481
	20,993	*,e	Cirrus Logic, Inc		404,745
	9,222		Cohu, Inc		108,820
	43,869	*	Cree, Inc		3,066,443
	54,920	e	Cypress Semiconductor Corp		701,328
	13,335	*	Diodes, Inc		365,512
	6,797	*	DSP Group, Inc		50,638
	51,877	*	Entegris, Inc		494,388
	33,729	*	Entropic Communications, Inc		149,419
	13,854	*	Exar Corp		180,241
	46,274	*	Fairchild Semiconductor International, Inc		583,978
	23,629	*	First Solar, Inc		1,163,492
	20,135	*	Formfactor, Inc		146,381
	21,079	*,e	Freescale Semiconductor Holdings Ltd		330,940
	5,980	*	GSI Technology, Inc		41,561
	23,408	*,e	GT Solar International, Inc		121,488
	10,052	*	Hittite Microwave Corp		628,049
	13,394	*	Inphi Corp		156,174
	49,464	*	Integrated Device Technology, Inc		445,671
	10,649	*	Integrated Silicon Solution, Inc		127,469
	1,859,175		Intel Corp		43,318,777
	6,378	*	Intermolecular, Inc		40,309
	25,813	*	International Rectifier Corp		622,351
	47,181		Intersil Corp (Class A)		481,718
	9,796		IXYS Corp		110,107
	62,045		Kla-Tencor Corp		3,637,698
	19,207	*	Kopin Corp		71,258

159

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	60,754	*	Lam Research Corp	$	2,990,312
	41,645	*	Lattice Semiconductor Corp		214,888
	86,485		Linear Technology Corp		3,507,832
	205,637	*	LSI Logic Corp		1,599,856
	19,077	*	LTX-Credence Corp		102,253
	3,778	*	MA-COM Technology Solutions		60,561
	147,361		Marvell Technology Group Ltd		1,911,272
	108,873		Maxim Integrated Products, Inc		3,113,768
	9,302	*,e	MaxLinear, Inc		64,463
	17,143		Micrel, Inc		181,887
	72,224	e	Microchip Technology, Inc		2,870,182
	384,769	*	Micron Technology, Inc		5,098,189
	34,028	*	Microsemi Corp		839,131
	17,359	*,e	Mindspeed Technologies, Inc		53,292
	19,892		MKS Instruments, Inc		539,471
	12,176		Monolithic Power Systems, Inc		318,768
	18,141	*	MoSys, Inc		74,560
	7,253	*	Nanometrics, Inc		111,406
	9,646	*	NeoPhotonics Corp Ltd		84,692
	1,891	*	NVE Corp		93,756
	216,180		Nvidia Corp		3,119,477
	19,809	*	Omnivision Technologies, Inc		322,094
	161,816	*	ON Semiconductor Corp		1,333,364
	8,885	*	PDF Solutions, Inc		182,320
	9,883	*,e	Peregrine Semiconductor Corp		108,120
	7,286	*	Pericom Semiconductor Corp		55,738
	23,060	*	Photronics, Inc		176,409
	13,572	*	PLX Technology, Inc		74,375
	76,074	*	PMC - Sierra, Inc		502,469
	10,760		Power Integrations, Inc		593,414
	37,443	*	Rambus, Inc		365,069
	110,553	*	RF Micro Devices, Inc		573,770
	7,961	*,e	Rubicon Technology, Inc		67,032
	12,383	*	Rudolph Technologies, Inc		152,930
	25,191	*	Semtech Corp		762,028
	13,811	*	Sigma Designs, Inc		72,093
	29,250	*	Silicon Image, Inc		167,603
	13,525	*	Silicon Laboratories, Inc		528,287
	71,516	*	Skyworks Solutions, Inc		1,717,814
	16,291	*	Spansion, Inc		192,234
	86,127	*	SunEdison, Inc		868,160
	15,556	*,e	SunPower Corp		430,123
	3,206		Supertex, Inc		86,177
	71,358	*	Teradyne, Inc		1,176,693
	19,145		Tessera Technologies, Inc		384,240
	406,615		Texas Instruments, Inc		15,939,308

160

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	58,718	*	Triquint Semiconductor, Inc	$	469,157
	6,833	*	Ultra Clean Holdings		47,353
	10,451	*	Ultratech, Inc		305,378
	14,191	*,e	Veeco Instruments, Inc		493,279
	9,492	*	Volterra Semiconductor Corp		143,044
	97,321		Xilinx, Inc		4,543,918
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		148,175,005
SOFTWARE & SERVICES - 9.6%
	19,248	*	Accelrys, Inc		168,035
	235,764		Accenture plc		17,401,741
	15,012	*	ACI Worldwide, Inc		710,818
	20,432	*	Active Network, Inc		174,285
	159,892		Activision Blizzard, Inc		2,874,858
	15,247	*	Actuate Corp		112,523
	27,474	*	Acxiom Corp		708,005
	184,206	*	Adobe Systems, Inc		8,709,260
	12,148		Advent Software, Inc		357,516
	67,104	*	Akamai Technologies, Inc		3,167,309
	18,377	*,e	Alliance Data Systems Corp		3,634,603
	60,305		Amdocs Ltd		2,319,933
	6,756		American Software, Inc (Class A)		61,209
	15,802	*,e	Angie’s List, Inc		347,960
	35,245	*	Ansys, Inc		2,813,961
	28,636		AOL, Inc		1,054,950
	34,919	*	Aspen Technology, Inc		1,136,264
	84,488	*	Autodesk, Inc		2,990,030
	178,650		Automatic Data Processing, Inc		12,878,878
	8,389	*,e	AVG Technologies NV		187,075
	17,181	*	Bankrate, Inc		308,055
	18,123	*,e	Bazaarvoice, Inc		189,929
	17,911		Blackbaud, Inc		628,497
	4,212	*,e	Blackhawk Network Holdings, Inc		102,773
	15,387	*	Blucora, Inc		307,740
	53,931	*	BMC Software, Inc		2,479,208
	10,813		Booz Allen Hamilton Holding Co		231,182
	14,098	*	Bottomline Technologies, Inc		409,829
	10,173	*	Brightcove, Inc		103,968
	46,079		Broadridge Financial Solutions, Inc		1,333,526
	9,844	*,e	BroadSoft, Inc		293,745
	119,556		CA, Inc		3,555,595
	9,039	*,e	CACI International, Inc (Class A)		600,190
	105,936	*	Cadence Design Systems, Inc		1,544,547
	14,965	*,e	Callidus Software, Inc		99,817
	6,253	*	Carbonite, Inc		82,477
	16,691	*	Cardtronics, Inc		491,717

161

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	3,660	e	Cass Information Systems, Inc	$	202,069
	2,211	*	ChannelAdvisor Corp		43,424
	27,508	*	Ciber, Inc		100,129
	69,979	*	Citrix Systems, Inc		5,039,888
	110,912	*	Cognizant Technology Solutions Corp (Class A)		8,028,920
	17,389	*	Commvault Systems, Inc		1,468,153
	56,117		Computer Sciences Corp		2,674,536
	5,880		Computer Task Group, Inc		109,368
	82,039		Compuware Corp		930,322
	13,321	*	comScore, Inc		385,776
	7,614	*	Comverse, Inc		238,470
	17,396	*,e	Concur Technologies, Inc		1,546,330
	10,578	*	Constant Contact, Inc		202,992
	40,415		Convergys Corp		765,056
	15,106	*	Cornerstone OnDemand, Inc		665,268
	10,531	*	CoStar Group, Inc		1,648,628
	11,771		CSG Systems International, Inc		278,737
	2,701	*,e	Cyan, Inc		28,036
	16,256	*	DealerTrack Holdings, Inc		607,974
	13,193	*,e	Demand Media, Inc		86,282
	5,991	*,e	Demandware, Inc		266,120
	20,889	*	Dice Holdings, Inc		181,108
	13,115	*	Digital River, Inc		222,824
	2,107		DMRC Corp		44,226
	12,641		DST Systems, Inc		885,249
	5,417	*,e	E2open, Inc		107,690
	36,952		Earthlink, Inc		231,689
	477,279	*	eBay, Inc		24,670,552
	4,651	*	eGain Corp		53,533
	113,392	*	Electronic Arts, Inc		2,961,799
	10,203	*,e	Ellie Mae, Inc		240,281
	8,574	*	Envestnet, Inc		213,407
	6,021	*	EPAM Systems, Inc		174,308
	11,520		EPIQ Systems, Inc		149,875
	1,830		ePlus, Inc		116,187
	18,441	*	Equinix, Inc		3,307,393
	18,622	*	Euronet Worldwide, Inc		685,476
	10,760	*	EVERTEC, Inc		257,164
	12,249	*	ExlService Holdings, Inc		342,972
	630,750	*	Facebook, Inc		23,230,522
	16,463	e	Factset Research Systems, Inc		1,797,430
	13,339		Fair Isaac Corp		666,416
	106,918		Fidelity National Information Services, Inc		4,614,581
	36,489	*	First American Corp		1,018,043
	50,590	*	Fiserv, Inc		4,868,782
	25,390	*	FleetCor Technologies, Inc		2,279,260
	6,131	*	FleetMatics Group plc		230,893
	6,270		Forrester Research, Inc		219,952

162

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	50,865	*	Fortinet, Inc	$	1,080,881
	35,484	*	Gartner, Inc		2,129,395
	62,742		Genpact Ltd		1,279,309
	3,514	*,m	Gerber Scientific, Inc		0
	24,832	*	Global Cash Access, Inc		173,576
	8,020	*	Global Eagle Entertainment, Inc		90,706
	29,918		Global Payments, Inc		1,385,503
	22,031	*,e	Glu Mobile, Inc		60,365
	99,561	*	Google, Inc (Class A)		88,370,344
	6,177	*	Guidance Software, Inc		56,643
	15,693	*	Guidewire Software, Inc		686,726
	8,566		Hackett Group, Inc		47,627
	13,455	e	Heartland Payment Systems, Inc		502,006
	11,748	*	Higher One Holdings, Inc		126,878
	28,951		IAC/InterActiveCorp		1,465,210
	11,772	*	iGate Corp		274,405
	7,582	*	Imperva, Inc		383,801
	18,670	*	Infoblox, Inc		610,509
	40,585	*	Informatica Corp		1,549,129
	5,742	*	Interactive Intelligence, Inc		326,146
	19,815	*	Internap Network Services Corp		161,492
	384,310		International Business Machines Corp		74,955,822
	108,754		Intuit, Inc		6,951,556
	17,838	e	j2 Global, Inc		816,445
	31,883		Jack Henry & Associates, Inc		1,539,949
	14,880	*,e	Jive Software, Inc		199,690
	6,173		Keynote Systems, Inc		123,028
	8,951	*	Knot, Inc		107,054
	32,439		Lender Processing Services, Inc		1,060,107
	31,019	*	Limelight Networks, Inc		74,446
	32,791	*	LinkedIn Corp		6,682,478
	25,516	*	Lionbridge Technologies		84,458
	9,384	*,e	Liquidity Services, Inc		267,444
	19,101	*	Liveperson, Inc		176,493
	8,962	*	LogMeIn, Inc		266,351
	5,698	*,e	magicJack VocalTec Ltd		87,521
	6,185	*	Manhattan Associates, Inc		546,383
	8,922	e	Mantech International Corp (Class A)		263,556
	5,916		Marchex, Inc (Class B)		36,088
	3,243	*	Marin Software, Inc		37,489
	10,768	*	Market Leader, Inc		126,093
	2,732	*,e	Marketo, Inc		85,867
	43,214		Mastercard, Inc (Class A)		26,386,900
	25,730		MAXIMUS, Inc		967,705
	35,537		Mentor Graphics Corp		729,575
	29,257	*,e	Micros Systems, Inc		1,425,694

163

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	3,083,872		Microsoft Corp	$	98,159,646
	3,533	*	MicroStrategy, Inc (Class A)		335,670
	13,132	*,e	Millennial Media, Inc		130,138
	8,779	*,e	Mitek Systems, Inc		50,391
	2,993	*,e	Model N, Inc		70,575
	12,618	*	ModusLink Global Solutions, Inc		39,242
	7,857	*	MoneyGram International, Inc		170,575
	14,405		Monotype Imaging Holdings, Inc		353,355
	52,014	*	Monster Worldwide, Inc		297,520
	14,930	*	Move, Inc		207,378
	12,690	*	Netscout Systems, Inc		336,666
	13,059	*	NetSuite, Inc		1,226,109
	24,859	*	NeuStar, Inc (Class A)		1,394,093
	23,896		NIC, Inc		440,164
	97,364	*	Nuance Communications, Inc		1,826,549
	8,545	*,e	OpenTable, Inc		544,146
	1,308,539		Oracle Corp		42,331,237
	48,239	*,e	Pandora Media, Inc		884,703
	123,146		Paychex, Inc		4,856,878
	6,021		Pegasystems, Inc		216,154
	12,182	*	Perficient, Inc		166,284
	16,433	*,e	Planet Payment, Inc		49,463
	10,834	*	PRG-Schultz International, Inc		67,171
	21,711	*	Progress Software Corp		555,584
	6,619	*	Proofpoint, Inc		178,117
	8,482	*	PROS Holdings, Inc		278,379
	45,809	*	PTC, Inc		1,240,508
	1,815		QAD, Inc (Class A)		23,159
	32,408	*	QLIK Technologies, Inc		1,015,019
	5,715	*	Qualys, Inc		91,440
	10,063	*	QuinStreet, Inc		93,687
	42,200	*	Rackspace Hosting, Inc		1,911,238
	2,652	*	Rally Software Development Corp		74,760
	6,554	*	RealNetworks, Inc		51,580
	17,263	*,e	RealPage, Inc		348,022
	71,587	*	Red Hat, Inc		3,706,059
	3,209	*	Reis, Inc		59,046
	13,597	*	Responsys, Inc		197,021
	5,380	*	Rosetta Stone, Inc		87,909
	38,498	*	Rovi Corp		867,360
	104,159		SAIC, Inc		1,592,591
	221,279	*	Salesforce.com, Inc		9,680,956
	3,576	e	Sapiens International Corp NV		21,277
	42,837	*	Sapient Corp		587,295
	8,638	*	Sciquest, Inc		213,013
	10,808	*	Seachange International, Inc		127,318

164

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	29,477	*	ServiceNow, Inc	$	1,284,608
	23,071	*	ServiceSource International LLC		246,168
	3,371	*,e	Shutterstock, Inc		179,169
	2,089	*,e	Silver Spring Networks, Inc		56,633
	24,490	*	SolarWinds, Inc		869,150
	25,385		Solera Holdings, Inc		1,444,660
	11,824	*	Sourcefire, Inc		891,884
	6,389	*	Spark Networks, Inc		52,901
	38,275	*	Splunk, Inc		1,914,133
	5,632	*	SPS Commerce, Inc		363,433
	21,613	*	SS&C Technologies Holdings, Inc		773,313
	4,858	*	Stamps.com, Inc		193,640
	20,592	*	SupportSoft, Inc		103,990
	14,567	*	Sykes Enterprises, Inc		255,797
	253,693		Symantec Corp		6,768,529
	10,904	*	Synchronoss Technologies, Inc		376,079
	58,522	*	Synopsys, Inc		2,167,655
	6,207		Syntel, Inc		445,538
	14,160	*	TA Indigo Holding Corp		134,520
	3,515	*	Tableau Software, Inc		194,731
	30,211	*	Take-Two Interactive Software, Inc		529,599
	11,748	*,e	Tangoe, Inc		212,169
	3,279	*	TechTarget, Inc		17,674
	16,987	*	TeleCommunication Systems, Inc (Class A)		45,865
	4,598	*	TeleNav, Inc		28,186
	7,292	*	TeleTech Holdings, Inc		182,665
	61,736	*	Teradata Corp		3,649,832
	61,434	*	TIBCO Software, Inc		1,532,164
	47,119	*	TiVo, Inc		520,665
	61,143		Total System Services, Inc		1,675,930
	4,304	*	Travelzoo, Inc		123,396
	9,019	*,e	Trulia, Inc		336,048
	11,752	*	Tyler Technologies, Inc		876,934
	10,374	*	Ultimate Software Group, Inc		1,403,602
	16,652	*	Unisys Corp		431,953
	31,515		United Online, Inc		255,902
	25,364	*	Unwired Planet, Inc		51,489
	29,205	*	Valueclick, Inc		713,770
	32,582	*	Vantiv, Inc		850,064
	11,572	*	Vasco Data Security International		95,238
	34,496	*	VeriFone Systems, Inc		657,839
	19,659	*	Verint Systems, Inc		703,399
	53,465	*	VeriSign, Inc		2,557,766
	15,883	*,e	VirnetX Holding Corp		302,889
	7,541	*	Virtusa Corp		194,407
	196,030		Visa, Inc (Class A)		34,699,270

165

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	11,454	*,e	VistaPrint Ltd	$	583,925
	32,223	*	VMware, Inc (Class A)		2,648,408
	6,237	*	Vocus, Inc		63,742
	24,269	*,e	Vringo, Inc		76,447
	13,744	*	WebMD Health Corp (Class A)		453,689
	15,622	*	Website Pros, Inc		405,860
	210,940		Western Union Co		3,788,482
	13,830	*,e	Workday, Inc		944,451
	2,719	*,e	Xoom Corp		89,210
	345,951	*	Yahoo!, Inc		9,717,764
	11,026	*	Yelp, Inc		460,887
	7,740	*,e	Zillow, Inc		571,831
	19,214	*	Zix Corp		86,463
	217,952	*,e	Zynga, Inc		649,497
			TOTAL SOFTWARE & SERVICES		667,480,288
TECHNOLOGY HARDWARE & EQUIPMENT - 5.7%
	37,623	*,e	3D Systems Corp		1,776,934
	22,090	e	Adtran, Inc		583,839
	5,045	*	Agilysys, Inc		58,472
	2,236		Alliance Fiber Optic Products, Inc		71,127
	58,556		Amphenol Corp (Class A)		4,600,159
	4,363	*	Anaren, Inc		102,138
	10,837		Anixter International, Inc		899,904
	347,691	d	Apple, Inc		157,330,178
	43,460	*	ARRIS Group, Inc		653,638
	39,038	*	Arrow Electronics, Inc		1,782,085
	39,639	*	Aruba Networks, Inc		704,781
	5,463	*	Audience, Inc		68,834
	12,825	*	Avid Technology, Inc		76,437
	51,128	*	Avnet, Inc		1,925,992
	23,201		AVX Corp		296,741
	5,862	*	AX Holding Corp		44,082
	5,517		Badger Meter, Inc		262,830
	3,107		Bel Fuse, Inc (Class B)		48,625
	16,492		Belden CDT, Inc		966,596
	19,974	*	Benchmark Electronics, Inc		441,825
	5,252		Black Box Corp		142,119
	159,736	*	Brocade Communications Systems, Inc		1,063,842
	11,656	*	CalAmp Corp		178,920
	15,495	*	Calix Networks, Inc		180,982
	14,826	*	Checkpoint Systems, Inc		255,007
	38,008	*	Ciena Corp		838,456
	1,977,339		Cisco Systems, Inc		50,521,011
	16,173		Cognex Corp		858,948
	9,109		Coherent, Inc		516,298

166

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	6,483		Comtech Telecommunications Corp	$	175,560
	541,243		Corning, Inc		8,221,481
	15,839	*	Cray, Inc		366,990
	12,593		CTS Corp		176,932
	13,689		Daktronics, Inc		148,936
	7,765	*	Datalink Corp		101,100
	456,007		Dell, Inc		5,777,609
	23,953		Diebold, Inc		782,305
	10,193	*	Digi International, Inc		101,216
	18,588	e	Dolby Laboratories, Inc (Class A)		611,359
	6,872	*	DTS, Inc		155,582
	14,978	*	EchoStar Corp (Class A)		598,521
	6,960		Electro Rent Corp		124,445
	8,762		Electro Scientific Industries, Inc		99,449
	17,335	*	Electronics for Imaging, Inc		520,570
	784,913		EMC Corp		20,525,475
	30,214	*	Emulex Corp		242,014
	35,066	*	Extreme Networks, Inc		151,836
	29,728	*	F5 Networks, Inc		2,608,929
	10,715	*	Fabrinet		158,689
	5,883	*	FARO Technologies, Inc		216,083
	14,270		FEI Co		1,105,212
	36,131	*	Finisar Corp		698,412
	53,307		Flir Systems, Inc		1,730,878
	29,699	*,e	Fusion-io, Inc		428,260
	8,984	*	Globecomm Systems, Inc		130,178
	8,993	*	GSI Group, Inc		75,631
	40,813	*	Harmonic, Inc		312,628
	41,543		Harris Corp		2,370,859
	17,933	*	Harris Stratex Networks, Inc (Class A)		47,522
	713,432		Hewlett-Packard Co		18,320,934
	5,985	*	Hutchinson Technology, Inc		20,529
	14,783	*	Imation Corp		69,184
	8,386	*	Immersion Corp		120,255
	45,250	*,e	Infinera Corp		493,678
	57,022	*	Ingram Micro, Inc (Class A)		1,301,812
	15,430	*	Insight Enterprises, Inc		330,048
	15,327		InterDigital, Inc		608,942
	21,220	*	Intermec, Inc		210,715
	21,374	*,e	InvenSense, Inc		377,892
	12,091	e	IPG Photonics Corp		736,342
	14,776	*	Itron, Inc		637,141
	21,158	*	Ixia		294,096
	72,687		Jabil Circuit, Inc		1,671,074
	89,440	*	JDS Uniphase Corp		1,312,085
	189,195	*	Juniper Networks, Inc		4,099,856

167

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	20,615	*	Kemet Corp	$	89,881
	4,396	*	KVH Industries, Inc		61,500
	23,600	e	Lexmark International, Inc (Class A)		884,764
	8,299		Littelfuse, Inc		663,837
	11,624	*	Maxwell Technologies, Inc		92,178
	5,704	*	Measurement Specialties, Inc		283,945
	11,645	*	Mercury Computer Systems, Inc		108,066
	795		Mesa Laboratories, Inc		51,882
	13,648		Methode Electronics, Inc		257,811
	49,278		Molex, Inc		1,469,963
	90,493		Motorola, Inc		4,961,731
	5,965		MTS Systems Corp		376,093
	2,641	*	Multi-Fineline Electronix, Inc		39,932
	36,021		National Instruments Corp		1,015,432
	14,393	*	Navarre Corp		44,762
	60,139	*	NCR Corp		2,165,004
	13,531	*,e	Neonode, Inc		105,406
	130,248		NetApp, Inc		5,355,798
	13,219	*	Netgear, Inc		394,058
	13,443	*	Newport Corp		196,940
	5,235	*	Numerex Corp		56,538
	7,105	*	Oplink Communications, Inc		143,166
	7,184	*	OSI Systems, Inc		505,682
	12,378	*,e	Palo Alto Networks, Inc		605,779
	7,217		Park Electrochemical Corp		196,302
	38,073	*,e	Parkervision, Inc		168,283
	2,720		PC Connection, Inc		46,131
	5,420		PC-Tel, Inc		52,303
	16,231		Plantronics, Inc		754,579
	12,158	*	Plexus Corp		425,165
	67,446	*	Polycom, Inc		644,784
	7,319	*	Procera Networks, Inc		109,199
	33,839	*	QLogic Corp		372,567
	636,792		Qualcomm, Inc		41,104,924
	87,807	*	Quantum Corp		140,491
	12,547	*,e	Rackable Systems, Inc		236,135
	4,741	*	Radisys Corp		19,580
	15,198	*,e	RealD, Inc		161,859
	4,066		Richardson Electronics Ltd		45,702
	60,913	*	Riverbed Technology, Inc		952,679
	12,722	*	Rofin-Sinar Technologies, Inc		294,005
	6,425	*	Rogers Corp		357,359
	16,281	*,e	Ruckus Wireless, Inc		216,700
	90,911	*	SanDisk Corp		5,011,014
	30,782	*	Sanmina Corp		506,672
	10,429	*	Scansource, Inc		371,377

168

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	19,297	*	ShoreTel, Inc	$	75,065
	86,328	*	Sonus Networks, Inc		295,242
	12,951	*	STEC, Inc		87,678
	11,857	*,e	Stratasys Ltd		1,051,123
	8,084	*	Super Micro Computer, Inc		93,694
	12,648	*	Symmetricom, Inc		65,011
	11,649	*	Synaptics, Inc		465,960
	10,869	*	SYNNEX Corp		538,233
	14,486	*	Tech Data Corp		743,711
	127,382		Tellabs, Inc		285,336
	2,797		Tessco Technologies, Inc		89,616
	95,586	*	Trimble Navigation Ltd		2,728,024
	18,440	*	TTM Technologies, Inc		170,386
	5,559	e	Ubiquiti Networks, Inc		116,850
	3,650	*	Uni-Pixel, Inc		48,472
	15,103	*,e	Universal Display Corp		437,232
	14,812	*	Viasat, Inc		989,293
	49,043	*	Vishay Intertechnology, Inc		705,729
	5,516	*	Vishay Precision Group, Inc		89,470
	11,260	*	Westell Technologies, Inc		29,163
	76,972		Western Digital Corp		4,955,457
	446,403		Xerox Corp		4,330,109
	18,961	*	Zebra Technologies Corp (Class A)		875,429
	6,098	*	Zygo Corp		95,556
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		398,099,841
TELECOMMUNICATION SERVICES - 2.2%
	24,568	*	8x8, Inc		222,586
	1,985,368		AT&T, Inc		70,023,929
	3,463		Atlantic Tele-Network, Inc		176,613
	4,835	*,e	Boingo Wireless, Inc		33,845
	8,193	*	Cbeyond Communications, Inc		69,395
	223,565		CenturyTel, Inc		8,014,805
	78,532	*	Cincinnati Bell, Inc		270,935
	17,576		Cogent Communications Group, Inc		503,025
	16,067	e	Consolidated Communications Holdings, Inc		281,012
	107,885	*	Crown Castle International Corp		7,578,921
	6,296	*,e	Fairpoint Communications, Inc		55,153
	362,299	e	Frontier Communications Corp		1,579,624
	11,903	*	General Communication, Inc (Class A)		105,342
	3,053	*,e	Hawaiian Telcom Holdco, Inc		84,934
	3,945		HickoryTech Corp		44,263
	4,194		IDT Corp (Class B)		86,690
	19,546	*	inContact, Inc		165,750
	11,717		Inteliquent, Inc		97,720
	8,408	*	Intelsat S.A.		180,268

169

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	24,399	*,e	Iridium Communications, Inc	$	205,440
	22,754	*,e	Leap Wireless International, Inc		379,537
	61,258	*	Level 3 Communications, Inc		1,350,739
	6,238		Lumos Networks Corp		118,210
	67,420	*,e	NII Holdings, Inc (Class B)		484,076
	6,780		NTELOS Holdings Corp		126,989
	7,939	*	Orbcomm, Inc		38,266
	17,935	*	Premiere Global Services, Inc		197,285
	5,402		Primus Telecommunications Group, Inc		64,716
	47,693	*	SBA Communications Corp (Class A)		3,533,574
	8,920		Shenandoah Telecom Co		171,888
	239,666	*	Sprint Corp		1,428,409
	33,033		Telephone & Data Systems, Inc		875,705
	59,041		T-Mobile US, Inc		1,423,479
	19,858	*,e	Towerstream Corp		58,184
	56,198	*	tw telecom inc (Class A)		1,673,576
	4,730		US Cellular Corp		187,828
	8,792		USA Mobility, Inc		137,331
	1,055,157		Verizon Communications, Inc		52,209,168
	55,264	*	Vonage Holdings Corp		177,950
	221,288	e	Windstream Corp		1,847,755
			TOTAL TELECOMMUNICATION SERVICES		156,264,915
TRANSPORTATION - 1.9%
	22,355	*	Air Transport Services Group, Inc		149,331
	26,347	*	Alaska Air Group, Inc		1,611,646
	4,537		Allegiant Travel Co		441,813
	3,034		Amerco, Inc		504,615
	10,781		Arkansas Best Corp		233,948
	9,630	*	Atlas Air Worldwide Holdings, Inc		429,883
	40,083	*	Avis Budget Group, Inc		1,268,226
	7,455	*	Celadon Group, Inc		149,920
	59,937		CH Robinson Worldwide, Inc		3,573,444
	19,951		Con-Way, Inc		826,969
	12,543		Copa Holdings S.A. (Class A)		1,745,609
	372,326		CSX Corp		9,237,408
	310,115	*	Delta Air Lines, Inc		6,583,741
	6,628	*	Echo Global Logistics, Inc		144,292
	77,181		Expeditors International of Washington, Inc		3,111,938
	115,841		FedEx Corp		12,279,146
	11,272		Forward Air Corp		412,217
	16,272	*	Genesee & Wyoming, Inc (Class A)		1,458,948
	19,236	*,e	Hawaiian Holdings, Inc		146,963
	25,745		Heartland Express, Inc		378,966
	129,463	*	Hertz Global Holdings, Inc		3,315,547
	13,888	*	Hub Group, Inc (Class A)		531,216

170

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	1,603		International Shipholding Corp	$	43,826
	32,867		J.B. Hunt Transport Services, Inc		2,462,724
	86,657	*,e	JetBlue Airways Corp		566,737
	39,960		Kansas City Southern Industries, Inc		4,305,690
	19,448	*	Kirby Corp		1,642,578
	21,791		Knight Transportation, Inc		369,793
	17,452		Landstar System, Inc		943,455
	9,023		Marten Transport Ltd		154,835
	14,621		Matson, Inc		414,067
	114,679		Norfolk Southern Corp		8,389,916
	26,469	*	Old Dominion Freight Line		1,156,166
	17,566	*	Pacer International, Inc		108,734
	3,630	*	Park-Ohio Holdings Corp		127,522
	1,954	*	Patriot Transportation Holding, Inc		67,315
	9,430	*	Quality Distribution, Inc		99,581
	18,097	*	Republic Airways Holdings, Inc		248,472
	7,336	*	Roadrunner Transportation Services Holdings, Inc		221,767
	17,807		Ryder System, Inc		1,101,185
	8,793	*	Saia, Inc		263,262
	19,163		Skywest, Inc		289,745
	260,799		Southwest Airlines Co		3,606,850
	21,947	*	Spirit Airlines, Inc		725,348
	30,493	*	Swift Transportation Co, Inc		543,995
	120,453	*	UAL Corp		4,197,787
	6,896	*,e	Ultrapetrol Bahamas Ltd		21,171
	171,729		Union Pacific Corp		27,234,502
	266,257		United Parcel Service, Inc (Class B)		23,111,108
	1,808		Universal Truckload Services, Inc		49,847
	61,895	*,e	US Airways Group, Inc		1,197,668
	33,960		UTI Worldwide, Inc		560,340
	16,580	e	Werner Enterprises, Inc		398,915
	15,555	*	Wesco Aircraft Holdings, Inc		304,411
	7,301	*,e	XPO Logistics, Inc		178,583
	3,593	*	YRC Worldwide, Inc		115,910
			TOTAL TRANSPORTATION		133,759,591
UTILITIES - 3.3%
	231,762		AES Corp		2,883,119
	42,357		AGL Resources, Inc		1,939,527
	14,682		Allete, Inc		787,249
	41,399		Alliant Energy Corp		2,192,905
	90,629		Ameren Corp		3,245,425
	176,832		American Electric Power Co, Inc		8,196,163
	7,899		American States Water Co		507,274
	66,037		American Water Works Co, Inc		2,818,459
	53,491		Aqua America, Inc		1,811,205

171

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	1,984		Artesian Resources Corp	$	46,703
	43,648	e	Atlantic Power Corp		185,940
	33,336		Atmos Energy Corp		1,474,785
	22,475		Avista Corp		646,831
	16,544		Black Hills Corp		877,659
	21,132		California Water Service Group		460,678
	147,593	*	Calpine Corp		2,953,336
	158,793		Centerpoint Energy, Inc		3,941,242
	5,464		Chesapeake Utilities Corp		323,851
	22,540		Cleco Corp		1,093,415
	95,613		CMS Energy Corp		2,676,208
	4,132		Connecticut Water Service, Inc		123,547
	106,625		Consolidated Edison, Inc		6,386,838
	4,294		Consolidated Water Co, Inc		50,927
	2,121		Delta Natural Gas Co, Inc		48,295
	211,319		Dominion Resources, Inc		12,533,330
	64,691		DTE Energy Co		4,573,654
	259,090		Duke Energy Corp		18,395,390
	36,835	*,e	Dynegy, Inc		767,641
	121,802		Edison International		6,071,830
	14,621		El Paso Electric Co		552,235
	15,724		Empire District Electric Co		364,482
	66,578		Entergy Corp		4,494,015
	312,093		Exelon Corp		9,546,925
	156,657		FirstEnergy Corp		5,963,932
	4,127	*	Genie Energy Ltd		42,549
	50,786		Great Plains Energy, Inc		1,228,513
	36,856	e	Hawaiian Electric Industries, Inc		982,581
	18,800		Idacorp, Inc		992,076
	29,547		Integrys Energy Group, Inc		1,855,552
	19,540		ITC Holdings Corp		1,793,186
	12,589		Laclede Group, Inc		577,332
	68,437		MDU Resources Group, Inc		1,918,973
	10,465		MGE Energy, Inc		614,400
	5,781		Middlesex Water Co		122,210
	25,401		National Fuel Gas Co		1,646,747
	17,525		New Jersey Resources Corp		784,419
	155,456		NextEra Energy, Inc		13,464,044
	116,284		NiSource, Inc		3,572,244
	117,061		Northeast Utilities		5,198,679
	10,729		Northwest Natural Gas Co		471,432
	13,156		NorthWestern Corp		555,183
	119,707		NRG Energy, Inc		3,210,542
	85,198		NV Energy, Inc		2,013,229
	74,134		OGE Energy Corp		2,772,612
	76,962		Oneok, Inc		4,075,138
	6,731		Ormat Technologies, Inc		155,015
	16,557		Otter Tail Corp		506,479

172

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	93,009		Pepco Holdings, Inc	$	1,911,335
	161,170		PG&E Corp		7,396,091
	28,487		Piedmont Natural Gas Co, Inc		984,226
	41,129		Pinnacle West Capital Corp		2,422,498
	33,111		PNM Resources, Inc		777,446
	28,444		Portland General Electric Co		901,675
	214,648		PPL Corp		6,819,367
	189,033		Public Service Enterprise Group, Inc		6,387,425
	6,766	*,e	Pure Cycle Corp		39,040
	64,938		Questar Corp		1,549,421
	50,213		SCANA Corp		2,606,557
	89,016		Sempra Energy		7,800,472
	5,216		SJW Corp		145,474
	11,760		South Jersey Industries, Inc		718,536
	322,129		Southern Co		14,444,264
	17,422		Southwest Gas Corp		864,828
	78,273		TECO Energy, Inc		1,383,084
	41,531		UGI Corp		1,743,887
	19,232		UIL Holdings Corp		785,435
	5,174		Unitil Corp		159,049
	15,486		UNS Energy Corp		787,463
	30,533		Vectren Corp		1,130,332
	47,333		Westar Energy, Inc		1,589,915
	19,422		WGL Holdings, Inc		892,829
	85,510		Wisconsin Energy Corp		3,717,975
	184,711		Xcel Energy, Inc		5,532,094
	4,783		York Water Co		100,826
			TOTAL UTILITIES		231,079,694
			TOTAL COMMON STOCKS		6,962,108,950
			(Cost $5,228,502,580)
RIGHTS / WARRANTS - 0.0%
ENERGY - 0.0%
	2,156	e	Magnum Hunter Resources Corp		112
			TOTAL ENERGY		112
SOFTWARE & SERVICES - 0.0%
	275	e,m	Accelerate Diagnostics, Inc		94
			TOTAL SOFTWARE & SERVICES		94
			TOTAL RIGHTS / WARRANTS		206
			(Cost $0)

173

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
SHORT-TERM INVESTMENTS - 2.6%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 2.6%
	182,610,126	a,c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	182,610,126
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		182,610,126
			TOTAL SHORT-TERM INVESTMENTS		182,610,126
			(Cost $182,610,126)
			TOTAL INVESTMENTS - 102.3%		7,144,719,282
			(Cost $5,411,112,705)
			OTHER ASSETS & LIABILITIES, NET - (2.3)%		(161,276,863	)
			NET ASSETS - 100.0%	$	6,983,442,419

	Abbreviation(s):
	REIT    Real Estate Investment Trust
	SPDR   Standard & Poor’s Depository Receipts
*	Non-income producing.
a	Affiliated holding.
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of these securities have been segregated to cover margin or other requirements on open futures transactions.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $178,805,717.
m	Indicates a security that has been deemed illiquid.

174

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

TIAA-CREF FUNDS
LARGE-CAP GROWTH INDEX FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.5%
AUTOMOBILES & COMPONENTS - 1.0%
	1,744		Allison Transmission Holdings, Inc	$	41,437
	17,435	*	BorgWarner, Inc		1,663,822
	47,215		Delphi Automotive plc		2,536,390
	205,743		Ford Motor Co		3,472,942
	12,325		Gentex Corp		278,298
	37,689	*	Goodyear Tire & Rubber Co		697,246
	33,874		Harley-Davidson, Inc		1,923,027
	1,762		Lear Corp		122,054
	12,861	*,e	Tesla Motors, Inc		1,726,975
	6,956		Thor Industries, Inc		375,972
	7,896	*	Visteon Corp		520,110
			TOTAL AUTOMOBILES & COMPONENTS		13,358,273
BANKS - 0.1%
	3,528	*,e	Nationstar Mortgage Holdings, Inc		163,276
	15,585	*	Ocwen Financial Corp		742,158
	677	*	Signature Bank		61,979
			TOTAL BANKS		967,413
CAPITAL GOODS - 8.4%
	88,788		3M Co		10,426,375
	4,807		A.O. Smith Corp		198,625
	1,444	*	Aecom Technology Corp		48,952
	37,025		Ametek, Inc		1,713,517
	4,542		Armstrong World Industries, Inc		227,463
	12,164		Babcock & Wilcox Co		371,488
	13,928	*	BE Aerospace, Inc		970,921
	115,254		Boeing Co		12,113,195
	709		Carlisle Cos, Inc		48,028
	18,238		Caterpillar, Inc		1,512,113
	15,162		Chicago Bridge & Iron Co NV		903,352
	12,857	*	Colfax Corp		682,321
	6,562		Crane Co		399,626
	23,740		Cummins, Inc		2,877,051
	18,403		Danaher Corp		1,239,258
	58,880		Deere & Co		4,891,162
	20,184		Donaldson Co, Inc		731,670
	19,251		Dover Corp		1,648,656
	81,790		Emerson Electric Co		5,019,452
	45,336		Fastenal Co		2,221,917
	21,416		Flowserve Corp		1,213,859
	14,832		Fluor Corp		927,890
	21,643		Fortune Brands Home & Security, Inc		894,072
	9,229		Graco, Inc		644,000

175

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	820		Harsco Corp	$	21,123
	15,425	*	Hexcel Corp		543,114
	119,644		Honeywell International, Inc		9,928,059
	6,559		Hubbell, Inc (Class B)		704,109
	7,771		Huntington Ingalls		483,201
	11,663		IDEX Corp		695,698
	21,399		Illinois Tool Works, Inc		1,541,584
	32,264		Ingersoll-Rand plc		1,969,717
	13,186		ITT Corp		411,931
	7,640		Lennox International, Inc		548,705
	12,343		Lincoln Electric Holdings, Inc		728,731
	39,420		Lockheed Martin Corp		4,735,130
	20,772		Manitowoc Co, Inc		426,449
	54,950		Masco Corp		1,127,574
	5,894	*	MRC Global, Inc		158,077
	7,182		MSC Industrial Direct Co (Class A)		581,383
	1,938	*,e	Navistar International Corp		66,183
	9,767		Nordson Corp		704,787
	6,949		Paccar, Inc		391,020
	16,865		Pall Corp		1,179,875
	22,177		Precision Castparts Corp		4,917,084
	6,434	*	Quanta Services, Inc		172,495
	20,913		Rockwell Automation, Inc		2,025,424
	18,309		Rockwell Collins, Inc		1,303,051
	15,069		Roper Industries, Inc		1,898,091
	1,014		Snap-On, Inc		96,178
	3,726	*	SolarCity Corp		154,033
	2,269	*	Spirit Aerosystems Holdings, Inc (Class A)		57,542
	1,968		Stanley Works		166,532
	9,005		Toro Co		443,766
	7,869		TransDigm Group, Inc		1,137,779
	1,541		Triumph Group, Inc		120,907
	14,315	*,e	United Rentals, Inc		820,536
	130,940		United Technologies Corp		13,823,336
	4,048		Valmont Industries, Inc		565,263
	8,964		W.W. Grainger, Inc		2,349,823
	8,576	*	WABCO Holdings, Inc		678,018
	14,338		Westinghouse Air Brake Technologies Corp		832,464
	1,648		Xylem, Inc		41,085
			TOTAL CAPITAL GOODS		110,474,820
COMMERCIAL & PROFESSIONAL SERVICES - 0.8%
	4,261		Cintas Corp		202,440
	9,274	*	Clean Harbors, Inc		523,425
	17,131	*	Copart, Inc		556,929
	11,035		Corrections Corp of America		364,707
	5,765		Dun & Bradstreet Corp		597,427
	18,136		Equifax, Inc		1,146,739
	10,037	*	IHS, Inc (Class A)		1,101,862
	22,781		Iron Mountain, Inc		633,312
	4,788		KAR Auction Services, Inc		121,807
	4,696		Nielsen Holdings NV		156,940

176

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	12,852	e	Pitney Bowes, Inc	$	212,186
	14,278	e	R.R. Donnelley & Sons Co		271,139
	21,234		Robert Half International, Inc		790,754
	9,823		Rollins, Inc		250,486
	13,121	*	Stericycle, Inc		1,521,249
	23,119	*	Verisk Analytics, Inc		1,487,939
	18,131		Waste Connections, Inc		784,347
	5,800		Waste Management, Inc		243,774
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		10,967,462
CONSUMER DURABLES & APPAREL - 2.2%
	9,005		Carter’s, Inc		642,237
	42,602		Coach, Inc		2,263,444
	2,668	*,e	Deckers Outdoor Corp		146,286
	7,798	*	Fossil Group, Inc		857,000
	15,007		Hanesbrands, Inc		952,344
	14,860	e	Hasbro, Inc		683,560
	16,821	*	Jarden Corp		764,851
	52,047		Mattel, Inc		2,187,535
	30,425	*	Michael Kors Holdings Ltd		2,048,819
	25,428		Newell Rubbermaid, Inc		687,065
	107,778		Nike, Inc (Class B)		6,781,392
	616	*	NVR, Inc		570,170
	10,930		Phillips-Van Heusen Corp		1,440,465
	9,918		Polaris Industries, Inc		1,112,205
	59,371	*	Pulte Homes, Inc		987,340
	9,132		Ralph Lauren Corp		1,662,572
	4,908	*	Taylor Morrison Home Corp		118,921
	9,408	*	Tempur-Pedic International, Inc		373,027
	8,065		Tupperware Corp		679,718
	12,454	*,e	Under Armour, Inc (Class A)		836,037
	13,316		VF Corp		2,623,252
	983		Whirlpool Corp		131,663
			TOTAL CONSUMER DURABLES & APPAREL		28,549,903
CONSUMER SERVICES - 3.4%
	6,079	*,e	Bally Technologies, Inc		435,743
	10,816		Brinker International, Inc		434,262
	14,621	e	Burger King Worldwide, Inc		280,577
	4,693	*	Chipotle Mexican Grill, Inc (Class A)		1,934,783
	247		Choice Hotels International, Inc		10,268
	12,582		Darden Restaurants, Inc		617,147
	8,527		Domino’s Pizza, Inc		533,620
	15,969		Dunkin Brands Group, Inc		689,861
	40,990		H&R Block, Inc		1,288,316
	40,409		International Game Technology		746,354
	59,222		Las Vegas Sands Corp		3,290,966
	31,399		Marriott International, Inc (Class A)		1,305,256
	152,350		McDonald’s Corp		14,942,488
	3,715	*	Norwegian Cruise Line Holdings Ltd		112,416
	4,269	*	Panera Bread Co (Class A)		713,136
	4,480		SeaWorld Entertainment, Inc		164,282

177

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	25,612		Service Corp International	$	485,860
	10,235		Six Flags Entertainment Corp		376,546
	113,894		Starbucks Corp		8,113,809
	12,388		Starwood Hotels & Resorts Worldwide, Inc		819,466
	2,165	e	Weight Watchers International, Inc		102,729
	20,776		Wyndham Worldwide Corp		1,294,345
	12,222		Wynn Resorts Ltd		1,627,115
	68,411		Yum! Brands, Inc		4,988,530
			TOTAL CONSUMER SERVICES		45,307,875
DIVERSIFIED FINANCIALS - 2.5%
	7,978	*	Affiliated Managers Group, Inc		1,438,832
	143,950		American Express Co		10,619,191
	9,643		Ameriprise Financial, Inc		858,227
	766	*	Artisan Partners Asset Management, Inc		40,598
	6,904		BlackRock, Inc		1,946,652
	13,460		CBOE Holdings, Inc		674,346
	23,263		Charles Schwab Corp		513,880
	18,174		Eaton Vance Corp		735,502
	10,015	e	Federated Investors, Inc (Class B)		290,735
	62,664		Franklin Resources, Inc		3,063,016
	11,073	*	IntercontinentalExchange, Inc		2,020,269
	33,440		iShares Russell 1000 Growth Index Fund		2,557,157
	19,449		Lazard Ltd (Class A)		707,166
	5,845		Leucadia National Corp		156,821
	6,576		LPL Financial Holdings, Inc		250,283
	29,611		Moody’s Corp		2,006,737
	7,460	*	MSCI, Inc (Class A)		261,473
	20,957		SEI Investments Co		662,451
	39,371		T Rowe Price Group, Inc		2,962,274
	12,967		Waddell & Reed Financial, Inc (Class A)		662,095
			TOTAL DIVERSIFIED FINANCIALS		32,427,705
ENERGY - 4.6%
	4,046		Anadarko Petroleum Corp		358,152
	2,025	*	Atwood Oceanics, Inc		114,088
	4,326		Baker Hughes, Inc		205,182
	31,956		Cabot Oil & Gas Corp		2,422,904
	23,382	*	Cameron International Corp		1,386,553
	37,122	*	Cheniere Energy, Inc		1,060,576
	38,807	*	Cobalt International Energy, Inc		1,119,582
	15,960	*	Concho Resources, Inc		1,431,452
	6,538	*	Continental Resources, Inc		603,457
	2,762		CVR Energy, Inc		130,339
	11,526	*	Dresser-Rand Group, Inc		701,588
	6,225	*	Dril-Quip, Inc		565,915
	38,436		EOG Resources, Inc		5,592,054
	20,830		Equitable Resources, Inc		1,801,795
	35,940	*	FMC Technologies, Inc		1,915,602
	9,667	*	Gulfport Energy Corp		514,284
	141,321		Halliburton Co		6,386,296
	92,038		Kinder Morgan, Inc		3,475,355

178

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	17,146	*	Kosmos Energy LLC	$	181,062
	5,266	*	Laredo Petroleum Holdings, Inc		115,378
	6,693		Noble Energy, Inc		418,246
	14,191	*	Oasis Petroleum, Inc		596,590
	16,203		Oceaneering International, Inc		1,313,901
	15,298		Pioneer Natural Resources Co		2,367,518
	2,651		Questar Market Resources, Inc		80,829
	24,823		Range Resources Corp		1,963,499
	9,034	e	RPC, Inc		129,367
	201,576		Schlumberger Ltd		16,394,176
	53,870		Seadrill Ltd		2,299,172
	53,351	*	Southwestern Energy Co		2,069,485
	10,110		St. Mary Land & Exploration Co		694,860
	1,902	*	Whiting Petroleum Corp		97,896
	56,559		Williams Cos, Inc		1,932,621
	2,425		World Fuel Services Corp		93,944
			TOTAL ENERGY		60,533,718
FOOD & STAPLES RETAILING - 2.6%
	66,204		Costco Wholesale Corp		7,765,067
	21,317		CVS Corp		1,310,782
	6,428	*	Fresh Market, Inc		339,270
	79,166		Kroger Co		3,108,849
	2,776		Safeway, Inc		71,593
	31,140		Sysco Corp		1,074,642
	108,216		Walgreen Co		5,437,854
	162,308		Wal-Mart Stores, Inc		12,650,285
	56,259		Whole Foods Market, Inc		3,126,875
			TOTAL FOOD & STAPLES RETAILING		34,885,217
FOOD, BEVERAGE & TOBACCO - 8.6%
	305,411		Altria Group, Inc		10,707,710
	7,185		Archer Daniels Midland Co		262,037
	22,911		Brown-Forman Corp (Class B)		1,661,277
	17,512		Campbell Soup Co		819,562
	581,185		Coca-Cola Co		23,293,895
	41,096		Coca-Cola Enterprises, Inc		1,542,744
	58,203		ConAgra Foods, Inc		2,107,531
	22,154	*	Constellation Brands, Inc (Class A)		1,154,002
	31,007		Dr Pepper Snapple Group, Inc		1,449,267
	26,208		Flowers Foods, Inc		601,736
	97,820		General Mills, Inc		5,086,640
	22,682	*,e	Green Mountain Coffee Roasters, Inc		1,750,597
	22,955		Hershey Co		2,177,741
	18,358		Hillshire Brands Co		646,385
	20,299		Hormel Foods Corp		859,663
	1,386		Ingredion, Inc		93,139
	2,229		J.M. Smucker Co		250,807
	36,444		Kellogg Co		2,414,050
	90,257		Kraft Foods Group, Inc		5,106,741
	57,665		Lorillard, Inc		2,452,492
	20,109		McCormick & Co, Inc		1,440,005

179

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	30,707		Mead Johnson Nutrition Co	$	2,236,698
	20,505	*	Monster Beverage Corp		1,250,600
	235,001		PepsiCo, Inc		19,631,983
	247,943		Philip Morris International, Inc		22,111,557
	3,484		Pinnacle Foods, Inc		88,737
	36,321		Reynolds American, Inc		1,795,347
	20,339	*,e	WhiteWave Foods Co (Class A)		380,136
			TOTAL FOOD, BEVERAGE & TOBACCO		113,373,079
HEALTH CARE EQUIPMENT & SERVICES - 3.7%
	15,284		Aetna, Inc		980,774
	35,128		AmerisourceBergen Corp		2,046,909
	12,306		Bard (C.R.), Inc		1,410,268
	82,449		Baxter International, Inc		6,022,075
	29,484		Becton Dickinson & Co		3,058,080
	15,416	*	Brookdale Senior Living, Inc		448,914
	31,241	*	Catamaran Corp		1,649,525
	45,092	*	Cerner Corp		2,209,508
	2,260		Cigna Corp		175,896
	1,567		Community Health Systems, Inc		72,176
	5,516		Cooper Cos, Inc		702,463
	13,942	*	DaVita, Inc		1,622,988
	6,022		Dentsply International, Inc		258,223
	17,004	*	Edwards Lifesciences Corp		1,213,746
	108,342	*	Express Scripts Holding Co		7,101,818
	2,935		HCA Holdings, Inc		114,465
	39,604	*	Health Management Associates, Inc (Class A)		533,862
	13,359	*	Henry Schein, Inc		1,387,065
	11,551	*	Hologic, Inc		262,208
	8,313	*,e	Idexx Laboratories, Inc		814,591
	6,068	*	Intuitive Surgical, Inc		2,354,384
	14,138	*	Laboratory Corp of America Holdings		1,367,710
	34,457		McKesson Corp		4,226,496
	11,723		Patterson Cos, Inc		479,353
	5,045	*	Pediatrix Medical Group, Inc		491,484
	1,523		Quest Diagnostics, Inc		88,806
	21,528	e	Resmed, Inc		1,025,809
	8,434	*	Sirona Dental Systems, Inc		595,440
	26,996		St. Jude Medical, Inc		1,414,320
	29,449		Stryker Corp		2,074,977
	15,713	*	Tenet Healthcare Corp		701,585
	9,335		Universal Health Services, Inc (Class B)		652,983
	16,575	*	Varian Medical Systems, Inc		1,201,688
	1,401		Zimmer Holdings, Inc		116,955
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		48,877,544
HOUSEHOLD & PERSONAL PRODUCTS - 1.6%
	65,783		Avon Products, Inc		1,503,799
	20,969		Church & Dwight Co, Inc		1,335,725
	16,810		Clorox Co		1,444,651
	141,870		Colgate-Palmolive Co		8,493,757
	35,373		Estee Lauder Cos (Class A)		2,322,237

180

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	12,995	e	Herbalife Ltd	$	851,173
	48,736		Kimberly-Clark Corp		4,815,117
	8,882		Nu Skin Enterprises, Inc (Class A)		742,891
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		21,509,350
INSURANCE - 1.0%
	1,963		Allied World Assurance Co Holdings Ltd		185,798
	1,562		American Financial Group, Inc		80,740
	36,389		Aon plc		2,456,258
	1,232	*	Arch Capital Group Ltd		66,713
	19,068		Arthur J. Gallagher & Co		846,238
	4,454		Axis Capital Holdings Ltd		194,016
	7,922		Brown & Brown, Inc		261,347
	5,751		Chubb Corp		497,461
	2,043		Endurance Specialty Holdings Ltd		107,523
	3,708		Erie Indemnity Co (Class A)		298,012
	1,846		Hanover Insurance Group, Inc		99,370
	3,578		Loews Corp		162,978
	56,239		Marsh & McLennan Cos, Inc		2,354,727
	73,611		Progressive Corp		1,914,622
	27,104		Prudential Financial, Inc		2,140,403
	15,218		Travelers Cos, Inc		1,271,464
	2,008		Validus Holdings Ltd		71,143
			TOTAL INSURANCE		13,008,813
MATERIALS - 4.5%
	9,909		Airgas, Inc		1,022,708
	4,937		Albemarle Corp		306,143
	7,289		Aptargroup, Inc		425,605
	4,492		Avery Dennison Corp		200,927
	22,448		Ball Corp		1,005,446
	6,635		Bemis Co, Inc		273,296
	24,028		Celanese Corp (Series A)		1,154,786
	5,128		Compass Minerals International, Inc		387,677
	18,537	*	Crown Holdings, Inc		812,477
	23,595		Dow Chemical Co		826,769
	139,374		Du Pont (E.I.) de Nemours & Co		8,040,486
	7,629		Eagle Materials, Inc		514,805
	23,396		Eastman Chemical Co		1,881,740
	39,879		Ecolab, Inc		3,674,451
	20,387		FMC Corp		1,348,804
	828		Greif, Inc (Class A)		45,805
	12,436		International Flavors & Fragrances, Inc		1,003,336
	57,724		International Paper Co		2,788,646
	61,655		LyondellBasell Industries AF S.C.A		4,236,315
	6,764		Martin Marietta Materials, Inc		673,694
	81,202		Monsanto Co		8,021,133
	1,473		NewMarket Corp		401,481
	15,135	*	Owens-Illinois, Inc		450,266
	14,878		Packaging Corp of America		800,288
	19,781		PPG Industries, Inc		3,173,664
	45,030		Praxair, Inc		5,411,255

181

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	7,779		Rock-Tenn Co (Class A)	$	889,529
	8,537		Rockwood Holdings, Inc		578,211
	2,973		Royal Gold, Inc		153,674
	18,192		RPM International, Inc		641,086
	6,656	e	Scotts Miracle-Gro Co (Class A)		334,464
	29,623		Sealed Air Corp		806,930
	13,460		Sherwin-Williams Co		2,344,328
	17,180		Sigma-Aldrich Corp		1,435,561
	6,745		Silgan Holdings, Inc		325,379
	23,167		Southern Copper Corp (NY)		603,964
	1,736	*,e	Tahoe Resources, Inc		26,283
	13,458		Valspar Corp		916,759
	2,556		Westlake Chemical Corp		265,875
	10,002	*	WR Grace & Co		768,354
			TOTAL MATERIALS		58,972,400
MEDIA - 5.1%
	8,927	*	AMC Networks, Inc		609,357
	29,886		Cablevision Systems Corp (Class A)		558,569
	85,212		CBS Corp (Class B)		4,502,602
	9,917	*	Charter Communications, Inc		1,246,964
	17,661		Cinemark Holdings, Inc		514,288
	6,274		Clear Channel Outdoor Holdings, Inc (Class A)		46,553
	368,500		Comcast Corp (Class A)		16,611,980
	79,491	*	DIRECTV		5,029,396
	36,962	*	Discovery Communications, Inc (Class A)		2,946,611
	31,224		DISH Network Corp (Class A)		1,394,152
	28,601		Interpublic Group of Cos, Inc		470,486
	11,552	*	Lamar Advertising Co (Class A)		500,548
	47,867	*	Liberty Global plc (Class A)		3,882,971
	12,652	*,e	Lions Gate Entertainment Corp		411,569
	9,369	*	Madison Square Garden, Inc		552,490
	19,543		McGraw-Hill Cos, Inc		1,208,930
	3,240		Morningstar, Inc		246,953
	55,309	*	News Corp		881,072
	39,474		Omnicom Group, Inc		2,536,994
	2,679	e	Regal Entertainment Group (Class A)		50,499
	16,658		Scripps Networks Interactive (Class A)		1,178,887
	221,815	e	Sirius XM Radio, Inc		827,370
	15,107	*	Starz-Liberty Capital		340,965
	44,170		Time Warner Cable, Inc		5,038,472
	222,856		Twenty-First Century Fox, Inc		6,658,938
	73,612		Viacom, Inc (Class B)		5,356,745
	60,638		Walt Disney Co		3,920,247
			TOTAL MEDIA		67,524,608
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 8.4%
	240,302		AbbVie, Inc		10,928,935
	20,346	*	Actavis, Inc		2,731,857
	5,953		Agilent Technologies, Inc		266,278
	29,620	*	Alexion Pharmaceuticals, Inc		3,442,733
	19,361	*	Alkermes plc		650,142

182

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	44,949		Allergan, Inc	$	4,095,753
	114,015		Amgen, Inc		12,346,684
	27,192	*	Ariad Pharmaceuticals, Inc		505,227
	36,107	*	Biogen Idec, Inc		7,876,020
	21,037	*	BioMarin Pharmaceuticals, Inc		1,360,042
	215,072		Bristol-Myers Squibb Co		9,299,713
	16,035	*	Bruker BioSciences Corp		287,347
	63,330	*	Celgene Corp		9,300,644
	3,254	*	Charles River Laboratories International, Inc		148,187
	8,514	*	Covance, Inc		702,405
	10,000	*	Cubist Pharmaceuticals, Inc		623,300
	33,074		Eli Lilly & Co		1,756,560
	16,967	*	Endo Pharmaceuticals Holdings, Inc		652,551
	231,864	*	Gilead Sciences, Inc		14,248,043
	18,926	*,e	Illumina, Inc		1,510,673
	15,012	*,e	Incyte Corp		351,431
	7,874	*	Jazz Pharmaceuticals plc		594,566
	55,191		Johnson & Johnson		5,160,359
	17,109	*	Life Technologies Corp		1,276,331
	11,258	*	Medivation, Inc		651,501
	4,584	*	Mettler-Toledo International, Inc		1,011,230
	58,016	*	Mylan Laboratories, Inc		1,947,017
	12,433	*,e	Myriad Genetics, Inc		368,887
	11,145	*	Onyx Pharmaceuticals, Inc		1,463,339
	14,318		Perrigo Co		1,781,016
	8,769	*	Pharmacyclics, Inc		952,577
	1,795	*	Quintiles Transnational Holdings, Inc		80,506
	12,184	*	Regeneron Pharmaceuticals, Inc		3,290,411
	9,243	*	Salix Pharmaceuticals Ltd		683,058
	15,390	*,e	Seattle Genetics, Inc		623,603
	2,536		Techne Corp		187,005
	11,349	*,e	Theravance, Inc		437,617
	7,186	*	United Therapeutics Corp		537,800
	33,620	*	Vertex Pharmaceuticals, Inc		2,682,876
	35,504		Warner Chilcott plc		756,590
	12,866	*	Waters Corp		1,298,694
	75,489		Zoetis Inc		2,250,327
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		111,119,835
REAL ESTATE - 1.9%
	59,782		American Tower Corp		4,231,968
	11,967		Apartment Investment & Management Co (Class A)		351,590
	2,116		Boston Properties, Inc		226,306
	8,891		CBL & Associates Properties, Inc		202,448
	42,015	*	CBRE Group, Inc		973,488
	15,197		Digital Realty Trust, Inc		840,242
	9,460		Equity Lifestyle Properties, Inc		364,115
	1,310		Extra Space Storage, Inc		55,085
	6,481		Federal Realty Investment Trust		682,644
	17,464		Omega Healthcare Investors, Inc		555,879
	24,882		Plum Creek Timber Co, Inc		1,213,744
	20,239		Public Storage, Inc		3,222,454

183

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	18,936		Rayonier, Inc	$	1,106,620
	16,416	*	Realogy Holdings Corp		738,063
	6,034		Regency Centers Corp		318,173
	1,421		Senior Housing Properties Trust		35,738
	35,150		Simon Property Group, Inc		5,626,109
	15,000		Spirit Realty Capital, Inc		136,950
	976	*,e	St. Joe Co		22,136
	14,669		Tanger Factory Outlet Centers, Inc		475,716
	1,719		Taubman Centers, Inc		125,865
	19,980		Ventas, Inc		1,313,485
	5,322		Vornado Realty Trust		451,359
	83,065		Weyerhaeuser Co		2,359,046
			TOTAL REAL ESTATE		25,629,223
RETAILING - 8.0%
	1,714		Aaron’s, Inc		49,123
	1,789		Abercrombie & Fitch Co (Class A)		89,217
	11,006		Advance Auto Parts, Inc		907,885
	55,879	*	Amazon.com, Inc		16,831,873
	19,562		American Eagle Outfitters, Inc		384,198
	2,692	*	Ascena Retail Group, Inc		51,390
	7,802	*	Autonation, Inc		373,716
	5,381	*	Autozone, Inc		2,413,809
	33,080	*	Bed Bath & Beyond, Inc		2,529,628
	11,429		Best Buy Co, Inc		343,899
	2,281	*	Big Lots, Inc		82,412
	7,326	*	Cabela’s, Inc		502,857
	33,898	*	Carmax, Inc		1,662,358
	23,566		Chico’s FAS, Inc		403,686
	14,983		Dick’s Sporting Goods, Inc		770,276
	2,908		Dillard’s, Inc (Class A)		245,522
	49,934	*	Dollar General Corp		2,729,892
	34,082	*	Dollar Tree, Inc		1,828,499
	4,810		DSW, Inc (Class A)		364,550
	16,175		Expedia, Inc		762,328
	14,546		Family Dollar Stores, Inc		1,000,183
	2,610		Foot Locker, Inc		94,299
	42,111		Gap, Inc		1,932,895
	22,292		Genuine Parts Co		1,827,721
	14,880		GNC Holdings, Inc		785,366
	64,510	*	Groupon, Inc		571,559
	222,011		Home Depot, Inc		17,545,529
	8,283	*,e	HomeAway, Inc		249,401
	36,396		L Brands, Inc		2,029,805
	6,271	*	Liberty Media Holding Corp (Interactive A)		153,389
	5,650	*	Liberty Ventures		506,918
	45,125	*	LKQ Corp		1,176,409
	165,604		Lowe’s Companies, Inc		7,382,626
	44,931		Macy’s, Inc		2,171,964
	7,674	*	NetFlix, Inc		1,874,144
	21,893		Nordstrom, Inc		1,340,727
	16,812	*	O’Reilly Automotive, Inc		2,105,871

184

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	15,859		Petsmart, Inc	$	1,161,196
	7,843	*	Priceline.com, Inc		6,867,880
	33,425		Ross Stores, Inc		2,255,185
	25,501	*	Sally Beauty Holdings, Inc		778,035
	896		Signet Jewelers Ltd		65,507
	76,299		Target Corp		5,436,304
	16,863		Tiffany & Co		1,340,777
	109,056		TJX Companies, Inc		5,675,274
	10,511		Tractor Supply Co		1,273,197
	16,848	*	TripAdvisor, Inc		1,263,937
	9,776		Ulta Salon Cosmetics & Fragrance, Inc		986,398
	16,369	*	Urban Outfitters, Inc		696,665
	14,860		Williams-Sonoma, Inc		874,660
			TOTAL RETAILING		104,750,939
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.8%
	95,126	*,e	Advanced Micro Devices, Inc		358,625
	16,279		Altera Corp		578,881
	20,013		Analog Devices, Inc		987,842
	120,847		Applied Materials, Inc		1,971,015
	66,031	*	Atmel Corp		521,645
	34,550		Avago Technologies Ltd		1,267,294
	37,661		Broadcom Corp (Class A)		1,038,314
	18,031	*	Cree, Inc		1,260,367
	4,180	*,e	Freescale Semiconductor Holdings Ltd		65,626
	49,384		Intel Corp		1,150,647
	5,598	*	Lam Research Corp		275,534
	35,288		Linear Technology Corp		1,431,281
	9,553	*	LSI Logic Corp		74,322
	44,681		Maxim Integrated Products, Inc		1,277,877
	29,877	e	Microchip Technology, Inc		1,187,312
	65,064	*	ON Semiconductor Corp		536,127
	6,047	*	Silicon Laboratories, Inc		236,196
	24,415	*	Skyworks Solutions, Inc		586,448
	168,290		Texas Instruments, Inc		6,596,968
	39,548		Xilinx, Inc		1,846,496
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		23,248,817
SOFTWARE & SERVICES - 17.8%
	97,776		Accenture plc		7,216,847
	29,380	*	Adobe Systems, Inc		1,389,086
	27,213	*	Akamai Technologies, Inc		1,284,454
	7,440	*	Alliance Data Systems Corp		1,471,483
	14,134	*	Ansys, Inc		1,128,459
	26,848	*	Autodesk, Inc		950,151
	73,878		Automatic Data Processing, Inc		5,325,865
	22,228	*	BMC Software, Inc		1,021,821
	4,243		Booz Allen Hamilton Holding Co		90,715
	18,000		Broadridge Financial Solutions, Inc		520,920
	42,543	*	Cadence Design Systems, Inc		620,277
	28,486	*	Citrix Systems, Inc		2,051,562
	45,886	*	Cognizant Technology Solutions Corp (Class A)		3,321,688

185

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	7,053	*,e	Concur Technologies, Inc	$	626,941
	4,186		DST Systems, Inc		293,146
	197,285	*	eBay, Inc		10,197,662
	35,284	*	Electronic Arts, Inc		921,618
	7,491	*	Equinix, Inc		1,343,511
	258,252	*	Facebook, Inc		9,511,421
	6,771	e	Factset Research Systems, Inc		739,258
	4,189		Fidelity National Information Services, Inc		180,797
	20,220	*	Fiserv, Inc		1,945,973
	10,250	*	FleetCor Technologies, Inc		920,142
	20,457	*	Fortinet, Inc		434,711
	14,389	*	Gartner, Inc		863,484
	24,674		Genpact Ltd		503,103
	11,720		Global Payments, Inc		542,753
	40,969	*	Google, Inc (Class A)		36,364,084
	11,453		IAC/InterActiveCorp		579,636
	16,308	*	Informatica Corp		622,476
	158,162		International Business Machines Corp		30,847,916
	45,089		Intuit, Inc		2,882,089
	12,897		Jack Henry & Associates, Inc		622,925
	10,772		Lender Processing Services, Inc		352,029
	13,778	*	LinkedIn Corp		2,807,819
	17,746		Mastercard, Inc (Class A)		10,835,885
	1,717	*,e	Micros Systems, Inc		83,669
	1,268,623		Microsoft Corp		40,380,270
	5,216	*	NetSuite, Inc		489,730
	10,032	*	NeuStar, Inc (Class A)		562,595
	539,499		Oracle Corp		17,452,793
	20,262	*,e	Pandora Media, Inc		371,605
	44,733		Paychex, Inc		1,764,270
	17,211	*	Rackspace Hosting, Inc		779,486
	28,935	*	Red Hat, Inc		1,497,965
	1,760	*	Rovi Corp		39,653
	89,679	*	Salesforce.com, Inc		3,923,456
	12,035	*	ServiceNow, Inc		524,485
	10,010	*	SolarWinds, Inc		355,255
	10,553		Solera Holdings, Inc		600,571
	15,396	*	Splunk, Inc		769,954
	76,569		Symantec Corp		2,042,861
	1,325	*	Tableau Software, Inc		73,405
	24,869	*	Teradata Corp		1,470,255
	25,168	*	TIBCO Software, Inc		627,690
	18,935		Total System Services, Inc		519,008
	12,821	*	Vantiv, Inc		334,500
	21,654	*	VeriSign, Inc		1,035,927
	79,349		Visa, Inc (Class A)		14,045,567
	12,908	*	VMware, Inc (Class A)		1,060,909
	83,590		Western Union Co		1,501,276
	5,430	*	Workday, Inc		370,815
			TOTAL SOFTWARE & SERVICES		234,010,677

186

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
TECHNOLOGY HARDWARE & EQUIPMENT - 6.4%
	15,215	*,e	3D Systems Corp	$	718,604
	24,146		Amphenol Corp (Class A)		1,896,910
	107,845	d	Apple, Inc		48,799,862
	2,654	e	Dolby Laboratories, Inc (Class A)		87,290
	159,304		EMC Corp		4,165,800
	11,889	*	F5 Networks, Inc		1,043,379
	14,528		Flir Systems, Inc		471,724
	2,788		Harris Corp		159,111
	5,034	e	IPG Photonics Corp		306,571
	27,853	*	JDS Uniphase Corp		408,603
	13,709	*	Juniper Networks, Inc		297,074
	34,843		Motorola, Inc		1,910,442
	14,663		National Instruments Corp		413,350
	24,598	*	NCR Corp		885,528
	54,663		NetApp, Inc		2,247,743
	5,319	*,e	Palo Alto Networks, Inc		260,312
	262,021		Qualcomm, Inc		16,913,456
	24,145	*	Riverbed Technology, Inc		377,628
	16,613	*	SanDisk Corp		915,708
	2,563	*,e	Stratasys Ltd		227,210
	38,694	*	Trimble Navigation Ltd		1,104,327
	756	*	Zebra Technologies Corp (Class A)		34,904
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		83,645,536
TELECOMMUNICATION SERVICES - 2.1%
	44,535	*	Crown Castle International Corp		3,128,584
	1,364	*	Intelsat S.A.		29,244
	7,953	*	Level 3 Communications, Inc		175,363
	19,355	*	SBA Communications Corp (Class A)		1,434,012
	16,981	*	Sprint Corp		101,207
	22,909	*	tw telecom inc (Class A)		682,230
	434,746		Verizon Communications, Inc		21,511,232
	83,328	e	Windstream Corp		695,789
			TOTAL TELECOMMUNICATION SERVICES		27,757,661
TRANSPORTATION - 2.8%
	9,914	*	Alaska Air Group, Inc		606,439
	579		Amerco, Inc		96,299
	16,392	*	Avis Budget Group, Inc		518,643
	24,519		CH Robinson Worldwide, Inc		1,461,823
	3,634		Con-Way, Inc		150,629
	5,179		Copa Holdings S.A. (Class A)		720,761
	77,608		CSX Corp		1,925,455
	60,049	*	Delta Air Lines, Inc		1,274,840
	31,359		Expeditors International of Washington, Inc		1,264,395
	2,779	*	Genesee & Wyoming, Inc (Class A)		249,165
	52,550	*	Hertz Global Holdings, Inc		1,345,806
	13,947		J.B. Hunt Transport Services, Inc		1,045,049
	16,653		Kansas City Southern Industries, Inc		1,794,361
	4,926	*	Kirby Corp		416,050

187

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	7,289		Landstar System, Inc	$	394,043
	8,791		Norfolk Southern Corp		643,150
	10,411	*	Old Dominion Freight Line		454,752
	11,649		Southwest Airlines Co		161,106
	50,504	*	UAL Corp		1,760,064
	70,970		Union Pacific Corp		11,255,132
	110,021		United Parcel Service, Inc (Class B)		9,549,823
			TOTAL TRANSPORTATION		37,087,785
UTILITIES - 0.2%
	18,864		Aqua America, Inc		638,735
	6,126	*	Calpine Corp		122,581
	7,939		ITC Holdings Corp		728,562
	29,246		Oneok, Inc		1,548,576
	3,985		Questar Corp		95,082
			TOTAL UTILITIES		3,133,536
			TOTAL COMMON STOCKS		1,311,122,189
			(Cost $1,046,087,369)
SHORT-TERM INVESTMENTS - 1.6%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.6%
	21,139,640	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		21,139,640
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		21,139,640
			TOTAL SHORT-TERM INVESTMENTS		21,139,640
			(Cost $21,139,640)
			TOTAL INVESTMENTS - 101.1%		1,332,261,829
			(Cost $1,067,227,009)
			OTHER ASSETS & LIABILITIES, NET - (1.1)%		(14,536,853	)
			NET ASSETS - 100.0%	$	1,317,724,976

*	Non-income producing.
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of these securities have been segregated to cover margin or other requirements on open futures transactions.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $20,782,790.

188

TIAA-CREF FUNDS - Large-Cap Value Index Fund

TIAA-CREF FUNDS

LARGE-CAP VALUE INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.2%
AUTOMOBILES & COMPONENTS - 1.3%
	5,186		Allison Transmission Holdings, Inc	$	123,219
	462,387		Ford Motor Co		7,805,093
	152,787	*	General Motors Co		5,480,470
	10,763		Gentex Corp		243,029
	125,691		Johnson Controls, Inc		5,054,035
	15,200		Lear Corp		1,052,904
	20,137	*	TRW Automotive Holdings Corp		1,476,243
			TOTAL AUTOMOBILES & COMPONENTS		21,234,993
BANKS - 6.0%
	30,335		Associated Banc-Corp		513,875
	8,730		Bank of Hawaii Corp		485,737
	11,341		BankUnited		342,952
	129,943		BB&T Corp		4,637,666
	5,420		BOK Financial Corp		361,460
	33,828		CapitalSource, Inc		409,319
	37,284	*	CIT Group, Inc		1,868,301
	8,886		City National Corp		617,844
	34,111		Comerica, Inc		1,451,082
	14,808		Commerce Bancshares, Inc		675,689
	9,846	e	Cullen/Frost Bankers, Inc		709,306
	25,282		East West Bancorp, Inc		779,444
	161,773		Fifth Third Bancorp		3,110,895
	1,525		First Citizens Bancshares, Inc (Class A)		319,487
	44,450		First Horizon National Corp		548,069
	65,302		First Niagara Financial Group, Inc		698,078
	21,432		First Republic Bank		925,648
	35,623		Fulton Financial Corp		448,494
	97,331		Hudson City Bancorp, Inc		930,484
	151,310		Huntington Bancshares, Inc		1,293,700
	168,183		Keycorp		2,066,969
	23,936	e	M&T Bank Corp		2,797,161
	81,114	e	New York Community Bancorp, Inc		1,230,499
	61,605		People’s United Financial, Inc		924,075
	97,710		PNC Financial Services Group, Inc		7,430,846
	19,360	*	Popular, Inc		636,944
	259,343		Regions Financial Corp		2,596,023
	8,063	*	Signature Bank		738,168
	99,061		SunTrust Banks, Inc		3,446,332
	8,386	*	SVB Financial Group		731,427
	140,019		Synovus Financial Corp		466,263
	28,895		TCF Financial Corp		440,360
	14,901	*	TFS Financial Corp		173,895
	341,369		US Bancorp		12,739,891

189

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	35,892	e	Valley National Bancorp	$	371,482
	19,540		Washington Federal, Inc		424,995
	891,051		Wells Fargo & Co		38,760,719
	33,813		Zions Bancorporation		1,002,217
			TOTAL BANKS		98,105,796
CAPITAL GOODS - 7.7%
	19,872		3M Co		2,333,569
	7,786		A.O. Smith Corp		321,718
	17,595	*	Aecom Technology Corp		596,471
	17,917		AGCO Corp		1,007,831
	13,478		Air Lease Corp		375,767
	6,163		Alliant Techsystems, Inc		573,775
	6,127		Babcock & Wilcox Co		187,119
	1,097	*	BE Aerospace, Inc		76,472
	11,215		Carlisle Cos, Inc		759,704
	99,319		Caterpillar, Inc		8,234,538
	5,883		CNH Global NV		276,442
	1,219		Crane Co		74,237
	6,020		Cummins, Inc		729,564
	88,135		Danaher Corp		5,935,011
	2,012		Donaldson Co, Inc		72,935
	8,145		Dover Corp		697,538
	87,398		Eaton Corp		6,026,092
	32,894		Emerson Electric Co		2,018,705
	35,680		Exelis, Inc		527,350
	12,165		Fluor Corp		761,042
	3,524		Fortune Brands Home & Security, Inc		145,576
	8,801		GATX Corp		397,629
	54,839		General Dynamics Corp		4,679,960
	1,908,370		General Electric Co		46,506,977
	13,786		Harsco Corp		355,127
	2,870		Hubbell, Inc (Class B)		308,095
	1,534		IDEX Corp		91,503
	43,524		Illinois Tool Works, Inc		3,135,469
	15,606		Ingersoll-Rand plc		952,746
	23,905	*	Jacobs Engineering Group, Inc		1,415,176
	19,519		Joy Global, Inc		966,191
	26,957		KBR, Inc		843,215
	14,324		Kennametal, Inc		620,802
	16,578		L-3 Communications Holdings, Inc		1,544,241
	8,343	*	MRC Global, Inc		223,759
	10,070	*,e	Navistar International Corp		343,891
	43,153		Northrop Grumman Corp		3,972,665
	16,248	*	Oshkosh Truck Corp		728,235
	22,058	*	Owens Corning, Inc		871,070
	56,642		Paccar, Inc		3,187,245
	27,386		Parker Hannifin Corp		2,828,426
	37,488		Pentair Ltd		2,289,767
	30,382	*	Quanta Services, Inc		814,541
	60,138		Raytheon Co		4,320,314
	8,500		Regal-Beloit Corp		549,780

190

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	2,613		Rockwell Collins, Inc	$	185,967
	9,528		Snap-On, Inc		903,731
	19,971	*	Spirit Aerosystems Holdings, Inc (Class A)		506,465
	8,776		SPX Corp		670,574
	27,254		Stanley Works		2,306,234
	21,447	*	Terex Corp		632,258
	50,771		Textron, Inc		1,390,110
	15,938		Timken Co		931,098
	14,814		Trinity Industries, Inc		583,227
	7,742		Triumph Group, Inc		607,437
	10,657		United Technologies Corp		1,125,060
	14,231		URS Corp		661,742
	8,489	*	WESCO International, Inc		643,296
	32,062		Xylem, Inc		799,306
			TOTAL CAPITAL GOODS		125,624,785
COMMERCIAL & PROFESSIONAL SERVICES - 0.7%
	40,667		ADT Corp		1,629,933
	13,634		Cintas Corp		647,751
	7,449		Corrections Corp of America		246,190
	19,904	e	Covanta Holding Corp		414,202
	515		Dun & Bradstreet Corp		53,370
	2,489		Iron Mountain, Inc		69,194
	8,380		KAR Auction Services, Inc		213,187
	13,893		Manpower, Inc		929,025
	34,139		Nielsen Holdings NV		1,140,925
	20,095	e	Pitney Bowes, Inc		331,769
	16,420	e	R.R. Donnelley & Sons Co		311,816
	50,540		Republic Services, Inc		1,713,811
	11,971		Towers Watson & Co		1,008,317
	1,429		Waste Connections, Inc		61,819
	79,365		Waste Management, Inc		3,335,711
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		12,107,020
CONSUMER DURABLES & APPAREL - 0.6%
	4,091	*,e	Deckers Outdoor Corp		224,309
	51,850		DR Horton, Inc		1,042,185
	22,666	*,e	Garmin Ltd		908,453
	12,364		Harman International Industries, Inc		748,393
	3,008	e	Hasbro, Inc		138,368
	25,838	e	Leggett & Platt, Inc		811,572
	30,429	e	Lennar Corp (Class A)		1,030,630
	11,237	*	Mohawk Industries, Inc		1,337,091
	21,414		Newell Rubbermaid, Inc		578,606
	145	*	NVR, Inc		134,212
	1,583		Phillips-Van Heusen Corp		208,624
	2,025	*	Taylor Morrison Home Corp		49,066
	30,957	*	Toll Brothers, Inc		1,017,557
	13,526		Whirlpool Corp		1,811,672
			TOTAL CONSUMER DURABLES & APPAREL		10,040,738

191

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
CONSUMER SERVICES - 0.6%
	20,003	*	Apollo Group, Inc (Class A)	$	364,455
	77,245		Carnival Corp		2,860,382
	4,961	e	Choice Hotels International, Inc		206,229
	7,927		Darden Restaurants, Inc		388,819
	11,477	e	DeVry, Inc		345,228
	8,173	*	Hyatt Hotels Corp		369,828
	4,553		Marriott International, Inc (Class A)		189,268
	69,606	*	MGM Mirage		1,135,274
	506	*	Norwegian Cruise Line Holdings Ltd		15,312
	11,984	*	Penn National Gaming, Inc		599,080
	29,860		Royal Caribbean Cruises Ltd		1,137,367
	10,206		Service Corp International		193,608
	20,528		Starwood Hotels & Resorts Worldwide, Inc		1,357,927
	2,124	e	Weight Watchers International, Inc		100,784
	54,408		Wendy’s		386,841
			TOTAL CONSUMER SERVICES		9,650,402
DIVERSIFIED FINANCIALS - 11.7%
	55,164	*	American Capital Ltd		753,540
	25,233		Ameriprise Financial, Inc		2,245,737
	50,101		Ares Capital Corp		891,297
	1,293	*	Artisan Partners Asset Management, Inc		68,529
	1,986,018		Bank of America Corp		28,995,863
	214,223		Bank of New York Mellon Corp		6,737,313
	15,643		BlackRock, Inc		4,410,700
	107,772		Capital One Financial Corp		7,438,423
	175,867		Charles Schwab Corp		3,884,902
	561,594		Citigroup, Inc		29,281,511
	58,694		CME Group, Inc		4,342,182
	90,783		Discover Financial Services		4,494,666
	52,194	*	E*Trade Financial Corp		777,691
	4,302	e	Federated Investors, Inc (Class B)		124,887
	84,622		Goldman Sachs Group, Inc		13,880,547
	13,854	*	ING US, Inc		431,136
	8,230		Interactive Brokers Group, Inc (Class A)		133,326
	81,952		Invesco Ltd		2,638,035
	167,000	e	iShares Russell 1000 Value Index Fund		14,667,610
	697,576		JPMorgan Chase & Co		38,875,911
	20,271		Legg Mason, Inc		697,120
	47,591		Leucadia National Corp		1,276,867
	2,152		LPL Financial Holdings, Inc		81,905
	281,033		Morgan Stanley		7,646,908
	12,366	*	MSCI, Inc (Class A)		433,428
	20,807		Nasdaq Stock Market, Inc		674,147
	44,356		Northern Trust Corp		2,596,600
	44,379		NYSE Euronext		1,871,019
	22,383		Raymond James Financial, Inc		986,419
	1,394		SEI Investments Co		44,064

192

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	82,588		SLM Corp	$	2,040,750
	84,260		State Street Corp		5,870,394
	42,944		TD Ameritrade Holding Corp		1,160,776
			TOTAL DIVERSIFIED FINANCIALS		190,454,203
ENERGY - 14.7%
	87,462		Anadarko Petroleum Corp		7,742,136
	72,387		Apache Corp		5,809,057
	8,920	*	Atwood Oceanics, Inc		502,553
	76,010		Baker Hughes, Inc		3,605,154
	16,806	*	Cameron International Corp		996,596
	106,448		Chesapeake Energy Corp		2,480,238
	357,770		Chevron Corp		45,039,665
	15,776		Cimarex Energy Co		1,205,760
	4,037	*	Cobalt International Energy, Inc		116,467
	225,654		ConocoPhillips		14,635,918
	42,973		Consol Energy, Inc		1,333,452
	67,871	*	Denbury Resources, Inc		1,187,743
	75,090	*	Devon Energy Corp		4,130,701
	12,978	e	Diamond Offshore Drilling, Inc		875,236
	13,355		Energen Corp		799,831
	3,336		EOG Resources, Inc		485,355
	2,253		Equitable Resources, Inc		194,885
	820,622	d	Exxon Mobil Corp		76,933,313
	7,723	e	Golar LNG Ltd		266,675
	2,525	*	Gulfport Energy Corp		134,330
	17,497		Helmerich & Payne, Inc		1,105,810
	56,851		Hess Corp		4,233,125
	37,665		Holly Corp		1,715,641
	9,808		Kinder Morgan, Inc		370,350
	707	*	Laredo Petroleum Holdings, Inc		15,490
	131,149		Marathon Oil Corp		4,768,578
	60,165		Marathon Petroleum Corp		4,411,899
	43,974	*	McDermott International, Inc		380,375
	35,042		Murphy Oil Corp		2,373,044
	54,549		Nabors Industries Ltd		839,509
	78,955		National Oilwell Varco, Inc		5,540,272
	25,029	*	Newfield Exploration Co		615,713
	57,448		Noble Energy, Inc		3,589,926
	148,689		Occidental Petroleum Corp		13,240,756
	10,207	*	Oil States International, Inc		992,427
	26,972		Patterson-UTI Energy, Inc		533,236
	5,159	e	PBF Energy, Inc		118,090
	50,556		Peabody Energy Corp		837,207
	114,304		Phillips 66		7,029,696
	6,560		Pioneer Natural Resources Co		1,015,226
	28,968		Questar Market Resources, Inc		883,234
	22,993	*	Rowan Cos plc		789,810

193

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	1,608	e	RPC, Inc	$	23,027
	94,394	*,e	SandRidge Energy, Inc		511,615
	122,949		Spectra Energy Corp		4,424,935
	29,121	*	Superior Energy Services		746,080
	6,703		Teekay Corp		265,908
	25,102		Tesoro Corp		1,427,049
	9,489		Tidewater, Inc		559,756
	29,349	*,e	Ultra Petroleum Corp		635,406
	9,184	*	Unit Corp		414,015
	100,131		Valero Energy Corp		3,581,686
	19,784	*	Whiting Petroleum Corp		1,018,282
	56,960		Williams Cos, Inc		1,946,323
	10,371		World Fuel Services Corp		401,773
	36,078	*	WPX Energy, Inc		693,058
			TOTAL ENERGY		240,523,392
FOOD & STAPLES RETAILING - 1.6%
	199,987		CVS Corp		12,297,201
	40,915		Safeway, Inc		1,055,198
	72,163		Sysco Corp		2,490,345
	43,145		Walgreen Co		2,168,036
	100,158		Wal-Mart Stores, Inc		7,806,314
			TOTAL FOOD & STAPLES RETAILING		25,817,094
FOOD, BEVERAGE & TOBACCO - 1.7%
	113,008		Archer Daniels Midland Co		4,121,402
	29,749		Beam, Inc		1,933,387
	27,150		Bunge Ltd		2,063,671
	11,377		Campbell Soup Co		532,444
	5,499		ConAgra Foods, Inc		199,119
	1,653	*	Constellation Brands, Inc (Class A)		86,105
	32,912	*	Dean Foods Co		358,741
	12,552		Ingredion, Inc		843,494
	17,280		J.M. Smucker Co		1,944,346
	4,215		Kellogg Co		279,202
	25,581		Molson Coors Brewing Co (Class B)		1,280,585
	329,338		Mondelez International, Inc		10,298,399
	2,448		Pinnacle Foods, Inc		62,351
	14,473		Reynolds American, Inc		715,400
	25,701	*	Smithfield Foods, Inc		853,273
	50,746		Tyson Foods, Inc (Class A)		1,401,604
			TOTAL FOOD, BEVERAGE & TOBACCO		26,973,523
HEALTH CARE EQUIPMENT & SERVICES - 4.9%
	287,704		Abbott Laboratories		10,538,597
	50,946		Aetna, Inc		3,269,205
	33,409	*	Allscripts Healthcare Solutions, Inc		528,196
	247,547	*	Boston Scientific Corp		2,703,213
	62,879		Cardinal Health, Inc		3,149,609

194

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	40,469	*	CareFusion Corp	$	1,560,889
	49,318		Cigna Corp		3,838,420
	16,501		Community Health Systems, Inc		760,036
	2,469		Cooper Cos, Inc		314,427
	86,988		Covidien plc		5,361,071
	19,169		Dentsply International, Inc		821,967
	18,794	*	Express Scripts Holding Co		1,231,947
	45,924		HCA Holdings, Inc		1,791,036
	14,936	*	Health Net, Inc		458,087
	11,016		Hill-Rom Holdings, Inc		408,363
	34,094	*	Hologic, Inc		773,934
	28,900		Humana, Inc		2,637,414
	14,393	*	Inverness Medical Innovations, Inc		480,726
	8,315	*	LifePoint Hospitals, Inc		408,766
	187,515		Medtronic, Inc		10,358,329
	19,222		Omnicare, Inc		1,014,729
	1,980		Patterson Cos, Inc		80,962
	3,573	*	Pediatrix Medical Group, Inc		348,082
	27,520		Quest Diagnostics, Inc		1,604,691
	18,926		St. Jude Medical, Inc		991,533
	25,741		Stryker Corp		1,813,711
	7,829		Teleflex, Inc		621,858
	188,252		UnitedHealth Group, Inc		13,714,158
	5,232		Universal Health Services, Inc (Class B)		365,978
	16,726	*	VCA Antech, Inc		481,040
	55,572		WellPoint, Inc		4,754,740
	29,163		Zimmer Holdings, Inc		2,434,527
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		79,620,241
HOUSEHOLD & PERSONAL PRODUCTS - 2.7%
	4,267		Clorox Co		366,706
	11,353		Energizer Holdings, Inc		1,155,735
	11,636		Kimberly-Clark Corp		1,149,637
	505,836		Procter & Gamble Co		40,618,631
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		43,290,709
INSURANCE - 7.7%
	62,855		ACE Ltd		5,743,690
	85,549		Aflac, Inc		5,276,662
	3,051	*	Alleghany Corp		1,232,238
	4,390		Allied World Assurance Co Holdings Ltd		415,514
	86,493		Allstate Corp		4,409,413
	13,315		American Financial Group, Inc		688,252
	272,114	*	American International Group, Inc		12,383,908
	1,467		American National Insurance Co		165,038
	13,409		Aon plc		905,108
	23,032	*	Arch Capital Group Ltd		1,247,183
	11,660		Aspen Insurance Holdings Ltd		437,133
	13,675		Assurant, Inc		740,638

195

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	31,344		Assured Guaranty Ltd	$	678,284
	16,525		Axis Capital Holdings Ltd		719,829
	332,143	*	Berkshire Hathaway, Inc (Class B)		38,485,410
	11,862		Brown & Brown, Inc		391,327
	41,308		Chubb Corp		3,573,142
	29,837		Cincinnati Financial Corp		1,462,013
	4,927		CNA Financial Corp		174,958
	5,107		Endurance Specialty Holdings Ltd		268,781
	9,307		Everest Re Group Ltd		1,242,764
	41,730		Fidelity National Title Group, Inc (Class A)		1,021,550
	91,290	*	Genworth Financial, Inc (Class A)		1,185,857
	5,541		Hanover Insurance Group, Inc		298,272
	84,448		Hartford Financial Services Group, Inc		2,606,065
	17,688		HCC Insurance Holdings, Inc		787,647
	8,408		Kemper Corp		293,860
	49,547		Lincoln National Corp		2,064,624
	52,307		Loews Corp		2,382,584
	2,584	*	Markel Corp		1,369,520
	33,493		Marsh & McLennan Cos, Inc		1,402,352
	28,674	*	MBIA, Inc		387,099
	5,280		Mercury General Corp		233,376
	165,003		Metlife, Inc		7,989,445
	48,648		Old Republic International Corp		702,964
	10,436		PartnerRe Ltd		934,439
	53,511		Principal Financial Group		2,320,237
	11,637		ProAssurance Corp		622,929
	21,472		Progressive Corp		558,487
	14,206		Protective Life Corp		615,546
	52,958		Prudential Financial, Inc		4,182,093
	13,426		Reinsurance Group of America, Inc (Class A)		914,176
	8,453		RenaissanceRe Holdings Ltd		735,157
	7,644		Stancorp Financial Group, Inc		405,820
	16,811		Torchmark Corp		1,194,926
	50,615		Travelers Cos, Inc		4,228,883
	49,625		UnumProvident Corp		1,570,135
	16,802		Validus Holdings Ltd		595,295
	19,933		W.R. Berkley Corp		844,561
	1,155		White Mountains Insurance Group Ltd		690,690
	53,558		XL Capital Ltd		1,679,043
			TOTAL INSURANCE		125,458,917
MATERIALS - 2.6%
	38,227		Air Products & Chemicals, Inc		4,152,981
	10,226		Albemarle Corp		634,114
	198,590		Alcoa, Inc		1,578,791
	20,402	e	Allegheny Technologies, Inc		562,483
	3,957		Aptargroup, Inc		231,049
	14,399		Ashland, Inc		1,250,409
	12,920		Avery Dennison Corp		577,912

196

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	10,934		Bemis Co, Inc	$	450,371
	11,257		Cabot Corp		461,762
	8,150		Carpenter Technology Corp		426,082
	10,889		CF Industries Holdings, Inc		2,134,353
	28,530	e	Cliffs Natural Resources, Inc		556,620
	3,739	*	Crown Holdings, Inc		163,880
	7,400		Cytec Industries, Inc		576,460
	6,337		Domtar Corp		440,485
	194,038		Dow Chemical Co		6,799,092
	190,850		Freeport-McMoRan Copper & Gold, Inc (Class B)		5,397,238
	4,869		Greif, Inc (Class A)		269,353
	35,945		Huntsman Corp		647,729
	10,977		International Paper Co		530,299
	3,388	e	Kronos Worldwide, Inc		56,038
	31,907		MeadWestvaco Corp		1,178,964
	55,235		Mosaic Co		2,269,606
	90,071		Newmont Mining Corp		2,702,130
	58,311		Nucor Corp		2,727,789
	11,943	*	Owens-Illinois, Inc		355,304
	2,416		PPG Industries, Inc		387,623
	13,995		Reliance Steel & Aluminum Co		982,449
	3,902		Rock-Tenn Co (Class A)		446,194
	3,760		Rockwood Holdings, Inc		254,665
	9,596		Royal Gold, Inc		496,017
	2,896		RPM International, Inc		102,055
	1,181		Sigma-Aldrich Corp		98,684
	18,603		Sonoco Products Co		716,029
	40,843		Steel Dynamics, Inc		635,517
	15,975	*,e	Tahoe Resources, Inc		241,862
	26,673	e	United States Steel Corp		462,777
	23,777		Vulcan Materials Co		1,121,799
	508		Westlake Chemical Corp		52,842
	1,714	*	WR Grace & Co		131,669
			TOTAL MATERIALS		43,261,476
MEDIA - 2.7%
	9,209		CBS Corp (Class B)		486,604
	37,212		Comcast Corp (Class A)		1,677,517
	12,979	*,e	DreamWorks Animation SKG, Inc (Class A)		321,360
	43,206		Gannett Co, Inc		1,112,986
	42,526		Interpublic Group of Cos, Inc		699,553
	8,018		John Wiley & Sons, Inc (Class A)		361,852
	10,252	*	Liberty Global plc (Class A)		831,642
	18,753	*	Liberty Media Corp		2,695,369
	27,046		McGraw-Hill Cos, Inc		1,673,065
	23,044	*	News Corp		367,091
	11,255	e	Regal Entertainment Group (Class A)		212,157
	300,887	e	Sirius XM Radio, Inc		1,122,308
	3,259	*	Starz-Liberty Capital		73,556

197

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	68,504		Thomson Corp	$	2,331,191
	172,042		Time Warner, Inc		10,711,335
	96,461		Twenty-First Century Fox, Inc		2,882,255
	258,593		Walt Disney Co		16,718,038
	797	e	Washington Post Co (Class B)		428,276
			TOTAL MEDIA		44,706,155
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 8.0%
	56,248		Agilent Technologies, Inc		2,515,973
	3,605	*	Bio-Rad Laboratories, Inc (Class A)		439,774
	42,243		Bristol-Myers Squibb Co		1,826,587
	4,753	*	Charles River Laboratories International, Inc		216,452
	142,882		Eli Lilly & Co		7,588,463
	49,039	*	Forest Laboratories, Inc		2,136,139
	30,166	*	Hospira, Inc		1,227,756
	451,533		Johnson & Johnson		42,218,335
	11,274	*	Life Technologies Corp		841,040
	10,363	*	Mallinckrodt plc		475,558
	557,299		Merck & Co, Inc		26,845,093
	20,810		PerkinElmer, Inc		709,413
	1,234,355		Pfizer, Inc		36,080,197
	43,663	*	Qiagen N.V. (NASDAQ)		912,557
	3,585	*	Quintiles Transnational Holdings, Inc		160,787
	3,465		Techne Corp		255,509
	66,301		Thermo Electron Corp		6,040,684
	3,000		Warner Chilcott plc		63,930
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		130,554,247
REAL ESTATE - 4.3%
	13,156		Alexandria Real Estate Equities, Inc		901,186
	19,417		American Campus Communities, Inc		745,807
	73,556		American Capital Agency Corp		1,657,217
	175,186		Annaly Capital Management, Inc		2,088,217
	11,607		Apartment Investment & Management Co (Class A)		341,014
	23,819		AvalonBay Communities, Inc		3,223,663
	32,806		BioMed Realty Trust, Inc		677,772
	25,396		Boston Properties, Inc		2,716,102
	30,479		Brandywine Realty Trust		424,877
	14,541		BRE Properties, Inc (Class A)		771,545
	15,567		Camden Property Trust		1,098,096
	20,106		CBL & Associates Properties, Inc		457,814
	195,433		Chimera Investment Corp		582,390
	15,145		Corporate Office Properties Trust		385,895
	48,448		DDR Corp		827,492
	4,850		Digital Realty Trust, Inc		268,157
	26,699		Douglas Emmett, Inc		667,742
	58,985		Duke Realty Corp		971,483
	4,858		Equity Lifestyle Properties, Inc		186,984
	66,689		Equity Residential		3,734,584

198

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	7,007		Essex Property Trust, Inc	$	1,130,159
	18,907		Extra Space Storage, Inc		795,039
	4,319		Federal Realty Investment Trust		454,920
	30,040	*	Forest City Enterprises, Inc (Class A)		526,301
	109,082		General Growth Properties, Inc		2,262,361
	18,251		Hatteras Financial Corp		366,663
	83,395		HCP, Inc		3,658,539
	52,231		Health Care REIT, Inc		3,368,377
	23,313		Healthcare Trust of America, Inc		255,277
	9,970		Home Properties, Inc		636,186
	26,058		Hospitality Properties Trust		742,392
	136,650		Host Marriott Corp		2,440,569
	7,327	*	Howard Hughes Corp		800,182
	23,131		HRPT Properties Trust		533,632
	8,101		Jones Lang LaSalle, Inc		737,434
	14,008		Kilroy Realty Corp		733,179
	74,221		Kimco Realty Corp		1,673,684
	19,942		Liberty Property Trust		761,984
	25,013		Macerich Co		1,552,057
	15,487		Mack-Cali Realty Corp		372,617
	68,727		MFA Mortgage Investments, Inc		548,441
	8,267		Mid-America Apartment Communities, Inc		558,436
	21,959		National Retail Properties, Inc		768,345
	30,498		Piedmont Office Realty Trust, Inc		551,709
	10,437		Post Properties, Inc		485,529
	91,952		Prologis, Inc		3,527,279
	2,050		Public Storage, Inc		326,401
	2,346	*	Realogy Holdings Corp		105,476
	35,707		Realty Income Corp		1,550,041
	9,388		Regency Centers Corp		495,029
	26,123		Retail Properties of America, Inc		368,073
	31,617		Senior Housing Properties Trust		795,168
	14,628		Simon Property Group, Inc		2,341,358
	16,632		SL Green Realty Corp		1,507,691
	54,101		Spirit Realty Capital, Inc		493,942
	10,964	*,e	St. Joe Co		248,664
	29,920		Starwood Property Trust, Inc		759,968
	9,843		Taubman Centers, Inc		720,704
	67,712		Two Harbors Investment Corp		679,151
	46,009		UDR, Inc		1,152,065
	29,225		Ventas, Inc		1,921,252
	27,808		Vornado Realty Trust		2,358,396
	22,119		Weingarten Realty Investors		692,767
	10,827		WP Carey, Inc		764,603
			TOTAL REAL ESTATE		70,250,077
RETAILING - 1.0%
	12,715		Aaron’s, Inc		364,412
	12,715		Abercrombie & Fitch Co (Class A)		634,097

199

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	12,091		American Eagle Outfitters, Inc	$	237,467
	19,264	*	Ascena Retail Group, Inc		367,750
	37,072		Best Buy Co, Inc		1,115,496
	7,532	*	Big Lots, Inc		272,131
	3,060		Chico’s FAS, Inc		52,418
	11,405	*,e	CST Brands, Inc		371,917
	1,564		Dillard’s, Inc (Class A)		132,049
	956		DSW, Inc (Class A)		72,455
	24,120		Foot Locker, Inc		871,456
	22,425	e	GameStop Corp (Class A)		1,100,170
	1,510		Genuine Parts Co		123,805
	11,534		Guess?, Inc		388,465
	31,569	*,e	JC Penney Co, Inc		460,907
	41,318		Kohl’s Corp		2,189,028
	89,476	*	Liberty Media Holding Corp (Interactive A)		2,188,583
	16,037		Macy’s, Inc		775,229
	8,588	*,e	Sears Holdings Corp		393,330
	13,754		Signet Jewelers Ltd		1,005,555
	121,001		Staples, Inc		2,059,437
	25,449		Target Corp		1,813,241
			TOTAL RETAILING		16,989,398
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.2%
	38,266		Altera Corp		1,360,739
	32,118		Analog Devices, Inc		1,585,345
	75,140		Applied Materials, Inc		1,225,533
	3,650		Avago Technologies Ltd		133,882
	57,992		Broadcom Corp (Class A)		1,598,840
	25,550	*	Fairchild Semiconductor International, Inc		322,441
	11,831	*	First Solar, Inc		582,558
	8,496	*,e	Freescale Semiconductor Holdings Ltd		133,387
	857,812		Intel Corp		19,987,019
	30,063		Kla-Tencor Corp		1,762,594
	22,923	*	Lam Research Corp		1,128,270
	91,010	*	LSI Logic Corp		708,058
	73,844		Marvell Technology Group Ltd		957,757
	190,475	*	Micron Technology, Inc		2,523,794
	105,211		Nvidia Corp		1,518,195
	5,887	*	ON Semiconductor Corp		48,509
	990	*	Silicon Laboratories, Inc		38,669
	5,722	*	Skyworks Solutions, Inc		137,442
	36,317	*	Teradyne, Inc		598,867
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		36,351,899
SOFTWARE & SERVICES - 1.4%
	77,459		Activision Blizzard, Inc		1,392,713
	56,706	*	Adobe Systems, Inc		2,681,060
	29,945		Amdocs Ltd		1,151,984
	14,733		AOL, Inc		542,764

200

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	8,126	*	Autodesk, Inc	$	287,579
	1,834		Booz Allen Hamilton Holding Co		39,211
	60,170		CA, Inc		1,789,456
	27,247		Computer Sciences Corp		1,298,592
	37,661		Compuware Corp		427,076
	1,416		DST Systems, Inc		99,162
	13,148	*	Electronic Arts, Inc		343,426
	48,857		Fidelity National Information Services, Inc		2,108,668
	17,396	*	First American Corp		485,348
	2,422		Lender Processing Services, Inc		79,151
	12,631	*,e	Micros Systems, Inc		615,509
	48,166	*	Nuance Communications, Inc		903,594
	5,743		Paychex, Inc		226,504
	17,462	*	Rovi Corp		393,419
	54,272		SAIC, Inc		829,819
	34,915		Symantec Corp		931,532
	28,186	*	Synopsys, Inc		1,044,009
	6,431		Total System Services, Inc		176,274
	22,144	*	VeriFone Systems, Inc		422,286
	175,573	*	Yahoo!, Inc		4,931,845
	118,964	*,e	Zynga, Inc		354,513
			TOTAL SOFTWARE & SERVICES		23,555,494
TECHNOLOGY HARDWARE & EQUIPMENT - 5.1%
	42,096	d	Apple, Inc		19,048,440
	19,137	*	Arrow Electronics, Inc		873,604
	25,246	*	Avnet, Inc		951,017
	6,854		AVX Corp		87,663
	81,388	*	Brocade Communications Systems, Inc		542,044
	986,349		Cisco Systems, Inc		25,201,217
	271,364		Corning, Inc		4,122,019
	232,149		Dell, Inc		2,941,328
	11,235		Diebold, Inc		366,935
	4,788	e	Dolby Laboratories, Inc (Class A)		157,477
	7,145	*	EchoStar Corp (Class A)		285,514
	194,239		EMC Corp		5,079,350
	7,556		Flir Systems, Inc		245,343
	16,721		Harris Corp		954,268
	358,788		Hewlett-Packard Co		9,213,676
	26,851	*	Ingram Micro, Inc (Class A)		613,008
	37,498		Jabil Circuit, Inc		862,079
	10,442	*	JDS Uniphase Corp		153,184
	76,857	*	Juniper Networks, Inc		1,665,491
	11,933	e	Lexmark International, Inc (Class A)		447,368
	25,839		Molex, Inc		770,777
	2,301		Motorola, Inc		126,164
	35,098	*	Polycom, Inc		335,537
	3,185	*	Riverbed Technology, Inc		49,814
	24,226	*	SanDisk Corp		1,335,337

201

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	2,587	*,e	Stratasys Ltd	$	229,338
	6,695	*	Tech Data Corp		343,721
	25,739	*	Vishay Intertechnology, Inc		370,384
	38,668		Western Digital Corp		2,489,446
	225,897		Xerox Corp		2,191,201
	8,729	*	Zebra Technologies Corp (Class A)		403,018
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		82,455,762
TELECOMMUNICATION SERVICES - 2.6%
	992,931		AT&T, Inc		35,020,676
	112,871		CenturyTel, Inc		4,046,425
	183,565	e	Frontier Communications Corp		800,343
	3,672	*	Intelsat S.A.		78,728
	19,020	*,e	Level 3 Communications, Inc		419,391
	128,677	*	Sprint Corp		766,915
	18,079		Telephone & Data Systems, Inc		479,274
	31,908		T-Mobile US, Inc		769,302
	1,939		US Cellular Corp		76,998
	7,705	e	Windstream Corp		64,337
			TOTAL TELECOMMUNICATION SERVICES		42,522,389
TRANSPORTATION - 1.1%
	1,851	*	Alaska Air Group, Inc		113,226
	780		Amerco, Inc		129,730
	7,287		Con-Way, Inc		302,046
	93,010		CSX Corp		2,307,578
	84,080	*	Delta Air Lines, Inc		1,785,018
	58,521		FedEx Corp		6,203,226
	4,723	*	Genesee & Wyoming, Inc (Class A)		423,464
	4,090	*	Kirby Corp		345,441
	47,379		Norfolk Southern Corp		3,466,248
	9,790		Ryder System, Inc		605,414
	119,250		Southwest Airlines Co		1,649,227
			TOTAL TRANSPORTATION		17,330,618
UTILITIES - 6.3%
	113,925		AES Corp		1,417,227
	21,710		AGL Resources, Inc		994,101
	20,957		Alliant Energy Corp		1,110,092
	44,924		Ameren Corp		1,608,728
	89,570		American Electric Power Co, Inc		4,151,569
	33,324		American Water Works Co, Inc		1,422,268
	4,844		Aqua America, Inc		164,018
	16,883		Atmos Energy Corp		746,904
	63,794	*	Calpine Corp		1,276,518
	77,812		Centerpoint Energy, Inc		1,931,294
	48,357		CMS Energy Corp		1,353,512
	53,974		Consolidated Edison, Inc		3,233,043
	106,679		Dominion Resources, Inc		6,327,131

202

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	32,566		DTE Energy Co	$	2,302,416
	130,251		Duke Energy Corp		9,247,821
	60,070		Edison International		2,994,490
	33,265		Entergy Corp		2,245,387
	157,041		Exelon Corp		4,803,884
	77,186		FirstEnergy Corp		2,938,471
	28,736		Great Plains Energy, Inc		695,124
	18,171	e	Hawaiian Electric Industries, Inc		484,439
	14,716		Integrys Energy Group, Inc		924,165
	34,851		MDU Resources Group, Inc		977,222
	13,605		National Fuel Gas Co		882,012
	78,396		NextEra Energy, Inc		6,789,878
	56,595		NiSource, Inc		1,738,598
	58,038		Northeast Utilities		2,577,468
	58,555		NRG Energy, Inc		1,570,445
	43,204		NV Energy, Inc		1,020,911
	36,341		OGE Energy Corp		1,359,153
	2,100		Oneok, Inc		111,195
	45,730		Pepco Holdings, Inc		939,752
	82,022		PG&E Corp		3,763,990
	20,100		Pinnacle West Capital Corp		1,183,890
	109,939		PPL Corp		3,492,762
	94,224		Public Service Enterprise Group, Inc		3,183,829
	26,865		Questar Corp		640,999
	25,558		SCANA Corp		1,326,716
	45,160		Sempra Energy		3,957,371
	160,639		Southern Co		7,203,053
	39,875		TECO Energy, Inc		704,591
	20,671		UGI Corp		867,975
	15,066		Vectren Corp		557,743
	23,640		Westar Energy, Inc		794,068
	42,357		Wisconsin Energy Corp		1,841,682
	92,043		Xcel Energy, Inc		2,756,688
			TOTAL UTILITIES		102,614,593
			TOTAL COMMON STOCKS		1,619,493,921
			(Cost $1,425,427,296)
SHORT-TERM INVESTMENTS - 1.2%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.2%
	19,018,374	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		19,018,374
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		19,018,374
			TOTAL SHORT-TERM INVESTMENTS		19,018,374
			(Cost $19,018,374)

203

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES	COMPANY	VALUE
	TOTAL INVESTMENTS - 100.4%	$	1,638,512,295
	(Cost $1,444,445,670)
	OTHER ASSETS & LIABILITIES, NET - (0.4)%		(6,118,024	)
	NET ASSETS - 100.0%	$	1,632,394,271

	Abbreviation(s):
	REIT     Real Estate Investment Trust
*	Non-income producing.
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of these securities have been segregated to cover margin or other requirements on open futures transactions.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $18,639,321.

204

TIAA-CREF FUNDS - S&P 500 Index Fund

TIAA-CREF FUNDS
S&P 500 INDEX FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.5%
AUTOMOBILES & COMPONENTS - 1.1%
	13,912	*	BorgWarner, Inc	$	1,327,622
	35,256		Delphi Automotive plc		1,893,952
	474,744		Ford Motor Co		8,013,679
	92,850	*	General Motors Co		3,330,530
	30,615	*	Goodyear Tire & Rubber Co		566,377
	27,117		Harley-Davidson, Inc		1,539,432
	82,690		Johnson Controls, Inc		3,324,965
			TOTAL AUTOMOBILES & COMPONENTS		19,996,557
BANKS - 3.0%
	84,706		BB&T Corp		3,023,157
	22,586		Comerica, Inc		960,809
	104,994		Fifth Third Bancorp		2,019,035
	57,878		Hudson City Bancorp, Inc		553,314
	98,697		Huntington Bancshares, Inc		843,859
	110,285		Keycorp		1,355,403
	14,853	e	M&T Bank Corp		1,735,722
	42,105		People’s United Financial, Inc		631,575
	63,887		PNC Financial Services Group, Inc		4,858,606
	170,015		Regions Financial Corp		1,701,850
	64,637		SunTrust Banks, Inc		2,248,721
	223,285		US Bancorp		8,332,996
	594,556		Wells Fargo & Co		25,863,186
	22,180		Zions Bancorporation		657,415
			TOTAL BANKS		54,785,648
CAPITAL GOODS - 7.8%
	76,647		3M Co		9,000,657
	82,437		Boeing Co		8,664,129
	79,236		Caterpillar, Inc		6,569,457
	21,190		Cummins, Inc		2,568,016
	70,202		Danaher Corp		4,727,403
	46,592		Deere & Co		3,870,397
	20,669		Dover Corp		1,770,093
	56,800		Eaton Corp		3,916,360
	86,259		Emerson Electric Co		5,293,715
	32,602		Fastenal Co		1,597,824
	17,178		Flowserve Corp		973,649
	19,343		Fluor Corp		1,210,098
	40,079		General Dynamics Corp		3,420,342
	1,248,088		General Electric Co		30,415,904
	94,969		Honeywell International, Inc		7,880,528
	49,822		Illinois Tool Works, Inc		3,589,177
	33,530		Ingersoll-Rand plc		2,047,006

205

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	15,620	*	Jacobs Engineering Group, Inc	$	924,704
	13,013		Joy Global, Inc		644,144
	10,993		L-3 Communications Holdings, Inc		1,023,998
	32,076		Lockheed Martin Corp		3,852,969
	42,998		Masco Corp		882,319
	28,390		Northrop Grumman Corp		2,613,583
	42,222		Paccar, Inc		2,375,832
	13,372		Pall Corp		935,505
	17,891		Parker Hannifin Corp		1,847,782
	24,527		Pentair Ltd		1,498,109
	17,576		Precision Castparts Corp		3,896,951
	25,755	*	Quanta Services, Inc		690,492
	39,181		Raytheon Co		2,814,763
	16,767		Rockwell Automation, Inc		1,623,884
	16,276		Rockwell Collins, Inc		1,158,363
	11,943		Roper Industries, Inc		1,504,340
	7,144		Snap-On, Inc		677,608
	19,511		Stanley Works		1,651,021
	33,691		Textron, Inc		922,460
	102,087		United Technologies Corp		10,777,325
	7,147		W.W. Grainger, Inc		1,873,515
	22,784		Xylem, Inc		568,005
			TOTAL CAPITAL GOODS		142,272,427
COMMERCIAL & PROFESSIONAL SERVICES - 0.7%
	26,285		ADT Corp		1,053,503
	12,861		Cintas Corp		611,026
	4,886	e	Dun & Bradstreet Corp		506,336
	14,455		Equifax, Inc		913,990
	20,453		Iron Mountain, Inc		568,593
	25,459		Nielsen Holdings NV		850,840
	24,037	e	Pitney Bowes, Inc		396,851
	35,825		Republic Services, Inc		1,214,826
	17,054		Robert Half International, Inc		635,091
	10,583	*	Stericycle, Inc		1,226,993
	55,712		Tyco International Ltd		1,939,335
	52,955		Waste Management, Inc		2,225,698
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		12,143,082
CONSUMER DURABLES & APPAREL - 1.1%
	33,753		Coach, Inc		1,793,297
	34,722		DR Horton, Inc		697,912
	6,261	*	Fossil Group, Inc		688,084
	13,455	*,e	Garmin Ltd		539,276
	8,170		Harman International Industries, Inc		494,530
	13,791	e	Hasbro, Inc		634,386
	17,650		Leggett & Platt, Inc		554,387
	20,403	e	Lennar Corp (Class A)		691,050
	41,445		Mattel, Inc		1,741,933
	34,557		Newell Rubbermaid, Inc		933,730
	87,373		Nike, Inc (Class B)		5,497,509

206

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	9,796		Phillips-Van Heusen Corp	$	1,291,015
	42,144	*	Pulte Homes, Inc		700,855
	7,307		Ralph Lauren Corp		1,330,312
	10,665		VF Corp		2,101,005
	9,565		Whirlpool Corp		1,281,136
			TOTAL CONSUMER DURABLES & APPAREL		20,970,417
CONSUMER SERVICES - 1.8%
	53,321		Carnival Corp		1,974,477
	3,713	*	Chipotle Mexican Grill, Inc (Class A)		1,530,759
	15,569		Darden Restaurants, Inc		763,659
	33,241		H&R Block, Inc		1,044,765
	32,202		International Game Technology		594,771
	28,564		Marriott International, Inc (Class A)		1,187,405
	120,803		McDonald’s Corp		11,848,358
	90,363		Starbucks Corp		6,437,460
	23,365		Starwood Hotels & Resorts Worldwide, Inc		1,545,595
	16,481		Wyndham Worldwide Corp		1,026,766
	9,581		Wynn Resorts Ltd		1,275,519
	54,357		Yum! Brands, Inc		3,963,712
			TOTAL CONSUMER SERVICES		33,193,246
DIVERSIFIED FINANCIALS - 7.3%
	115,387		American Express Co		8,512,099
	24,308		Ameriprise Financial, Inc		2,163,412
	1,300,599		Bank of America Corp		18,988,745
	140,219		Bank of New York Mellon Corp		4,409,888
	15,080		BlackRock, Inc		4,251,957
	70,505		Capital One Financial Corp		4,866,255
	132,187		Charles Schwab Corp		2,920,011
	367,454		Citigroup, Inc		19,159,052
	37,076		CME Group, Inc		2,742,882
	58,888		Discover Financial Services		2,915,545
	34,256	*	E*Trade Financial Corp		510,414
	49,779		Franklin Resources, Inc		2,433,197
	52,042		Goldman Sachs Group, Inc		8,536,449
	8,770	*	IntercontinentalExchange, Inc		1,600,086
	53,393		Invesco Ltd		1,718,721
	455,408		JPMorgan Chase & Co		25,379,888
	13,962		Legg Mason, Inc		480,153
	35,418		Leucadia National Corp		950,265
	23,349		Moody’s Corp		1,582,362
	165,456		Morgan Stanley		4,502,058
	14,600		Nasdaq Stock Market, Inc		473,040
	26,272		Northern Trust Corp		1,537,963
	29,172		NYSE Euronext		1,229,892
	53,935		SLM Corp		1,332,734

207

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	22,600		SPDR Trust Series 1	$	3,811,716
	54,823		State Street Corp		3,819,518
	31,446		T Rowe Price Group, Inc		2,365,997
			TOTAL DIVERSIFIED FINANCIALS		133,194,299
ENERGY - 10.5%
	60,203		Anadarko Petroleum Corp		5,329,170
	47,215		Apache Corp		3,789,004
	52,748		Baker Hughes, Inc		2,501,838
	25,214		Cabot Oil & Gas Corp		1,911,725
	29,621	*	Cameron International Corp		1,756,525
	62,822		Chesapeake Energy Corp		1,463,753
	234,025		Chevron Corp		29,461,407
	147,419		ConocoPhillips		9,561,597
	28,251		Consol Energy, Inc		876,628
	45,872	*	Denbury Resources, Inc		802,760
	45,208	*	Devon Energy Corp		2,486,892
	8,346	e	Diamond Offshore Drilling, Inc		562,854
	28,297		Ensco plc		1,622,550
	32,663		EOG Resources, Inc		4,752,140
	18,162		Equitable Resources, Inc		1,571,013
	536,651	d	Exxon Mobil Corp		50,311,031
	28,693	*	FMC Technologies, Inc		1,529,337
	112,499		Halliburton Co		5,083,830
	13,184		Helmerich & Payne, Inc		833,229
	36,084		Hess Corp		2,686,815
	76,269		Kinder Morgan, Inc		2,879,917
	85,439		Marathon Oil Corp		3,106,562
	39,263		Marathon Petroleum Corp		2,879,156
	21,862		Murphy Oil Corp		1,480,495
	35,968		Nabors Industries Ltd		553,547
	51,371		National Oilwell Varco, Inc		3,604,703
	17,115	*	Newfield Exploration Co		421,029
	30,814		Noble Corp		1,177,095
	43,357		Noble Energy, Inc		2,709,379
	97,260		Occidental Petroleum Corp		8,661,003
	32,570		Peabody Energy Corp		539,359
	74,706		Phillips 66		4,594,419
	16,524		Pioneer Natural Resources Co		2,557,254
	22,030		Questar Market Resources, Inc		671,695
	19,618		Range Resources Corp		1,551,784
	15,483	*	Rowan Cos plc		531,841
	160,485		Schlumberger Ltd		13,052,245
	42,376	*	Southwestern Energy Co		1,643,765
	80,333		Spectra Energy Corp		2,891,185
	16,511		Tesoro Corp		938,650
	65,848		Valero Energy Corp		2,355,383
	81,979		Williams Cos, Inc		2,801,222
	24,677	*	WPX Energy, Inc		474,045
			TOTAL ENERGY		190,969,831

208

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
FOOD & STAPLES RETAILING - 2.4%
	52,701		Costco Wholesale Corp	$	6,181,300
	147,785		CVS Corp		9,087,300
	62,537		Kroger Co		2,455,828
	29,186		Safeway, Inc		752,707
	71,563		Sysco Corp		2,469,639
	104,094		Walgreen Co		5,230,724
	197,759		Wal-Mart Stores, Inc		15,413,336
	41,739		Whole Foods Market, Inc		2,319,854
			TOTAL FOOD & STAPLES RETAILING		43,910,688
FOOD, BEVERAGE & TOBACCO - 5.6%
	242,013		Altria Group, Inc		8,484,976
	79,558		Archer Daniels Midland Co		2,901,480
	19,208		Beam, Inc		1,248,328
	18,437		Brown-Forman Corp (Class B)		1,336,867
	21,405		Campbell Soup Co		1,001,754
	462,302		Coca-Cola Co		18,529,064
	31,214		Coca-Cola Enterprises, Inc		1,171,774
	50,046		ConAgra Foods, Inc		1,812,166
	18,876	*	Constellation Brands, Inc (Class A)		983,251
	24,755		Dr Pepper Snapple Group, Inc		1,157,049
	77,876		General Mills, Inc		4,049,552
	18,072		Hershey Co		1,714,491
	16,495		Hormel Foods Corp		698,563
	13,048		J.M. Smucker Co		1,468,161
	30,848		Kellogg Co		2,043,371
	71,818		Kraft Foods Group, Inc		4,063,462
	45,594		Lorillard, Inc		1,939,113
	15,987		McCormick & Co, Inc		1,144,829
	24,261		Mead Johnson Nutrition Co		1,767,171
	18,609		Molson Coors Brewing Co (Class B)		931,567
	215,372		Mondelez International, Inc		6,734,682
	17,333	*	Monster Beverage Corp		1,057,140
	186,645		PepsiCo, Inc		15,592,323
	197,399		Philip Morris International, Inc		17,604,043
	38,643		Reynolds American, Inc		1,910,123
	34,197		Tyson Foods, Inc (Class A)		944,521
			TOTAL FOOD, BEVERAGE & TOBACCO		102,289,821
HEALTH CARE EQUIPMENT & SERVICES - 4.3%
	188,167		Abbott Laboratories		6,892,557
	45,409		Aetna, Inc		2,913,895
	27,815		AmerisourceBergen Corp		1,620,780
	9,028		Bard (C.R.), Inc		1,034,609
	65,552		Baxter International, Inc		4,787,918
	23,422		Becton Dickinson & Co		2,429,330
	163,104	*	Boston Scientific Corp		1,781,096

209

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	41,547		Cardinal Health, Inc	$	2,081,089
	26,400	*	CareFusion Corp		1,018,248
	35,164	*	Cerner Corp		1,723,036
	34,400		Cigna Corp		2,677,352
	56,481		Covidien plc		3,480,924
	10,342	*	DaVita, Inc		1,203,912
	17,395		Dentsply International, Inc		745,898
	13,660	*	Edwards Lifesciences Corp		975,051
	98,525	*	Express Scripts Holding Co		6,458,314
	19,106		Humana, Inc		1,743,613
	4,855	*	Intuitive Surgical, Inc		1,883,740
	11,274	*	Laboratory Corp of America Holdings		1,090,647
	27,415		McKesson Corp		3,362,724
	122,082		Medtronic, Inc		6,743,810
	10,002		Patterson Cos, Inc		408,982
	19,079		Quest Diagnostics, Inc		1,112,496
	33,988		St. Jude Medical, Inc		1,780,631
	34,539		Stryker Corp		2,433,618
	12,844	*	Tenet Healthcare Corp		573,485
	123,132		UnitedHealth Group, Inc		8,970,166
	13,200	*	Varian Medical Systems, Inc		957,000
	36,059		WellPoint, Inc		3,085,208
	20,362		Zimmer Holdings, Inc		1,699,820
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		77,669,949
HOUSEHOLD & PERSONAL PRODUCTS - 2.3%
	52,134		Avon Products, Inc		1,191,783
	15,981		Clorox Co		1,373,407
	105,827		Colgate-Palmolive Co		6,335,863
	28,933		Estee Lauder Cos (Class A)		1,899,451
	46,430		Kimberly-Clark Corp		4,587,284
	330,806		Procter & Gamble Co		26,563,722
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		41,951,510
INSURANCE - 4.4%
	41,148		ACE Ltd		3,760,104
	56,321		Aflac, Inc		3,473,879
	56,268		Allstate Corp		2,868,543
	177,943	*	American International Group, Inc		8,098,186
	37,502		Aon plc		2,531,385
	9,423		Assurant, Inc		510,350
	220,164	*	Berkshire Hathaway, Inc (Class B)		25,510,402
	31,261		Chubb Corp		2,704,076
	17,710		Cincinnati Financial Corp		867,790
	60,532	*	Genworth Financial, Inc (Class A)		786,311
	54,830		Hartford Financial Services Group, Inc		1,692,054
	32,348		Lincoln National Corp		1,347,941
	36,797		Loews Corp		1,676,103
	66,679		Marsh & McLennan Cos, Inc		2,791,850

210

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	132,204		Metlife, Inc	$	6,401,318
	33,152		Principal Financial Group		1,437,471
	66,913		Progressive Corp		1,740,407
	56,270		Prudential Financial, Inc		4,443,642
	10,978		Torchmark Corp		780,316
	45,487		Travelers Cos, Inc		3,800,439
	32,477		UnumProvident Corp		1,027,572
	34,580		XL Capital Ltd		1,084,083
			TOTAL INSURANCE		79,334,222
MATERIALS - 3.3%
	25,130		Air Products & Chemicals, Inc		2,730,123
	7,963		Airgas, Inc		821,861
	128,037		Alcoa, Inc		1,017,894
	13,706	e	Allegheny Technologies, Inc		377,874
	11,956		Avery Dennison Corp		534,792
	17,649		Ball Corp		790,499
	12,789		Bemis Co, Inc		526,779
	7,208		CF Industries Holdings, Inc		1,412,840
	19,437	e	Cliffs Natural Resources, Inc		379,216
	145,812		Dow Chemical Co		5,109,252
	111,119		Du Pont (E.I.) de Nemours & Co		6,410,455
	18,709		Eastman Chemical Co		1,504,765
	32,084		Ecolab, Inc		2,956,220
	16,436		FMC Corp		1,087,406
	124,335		Freeport-McMoRan Copper & Gold, Inc (Class B)		3,516,194
	9,899		International Flavors & Fragrances, Inc		798,651
	53,321		International Paper Co		2,575,938
	45,872		LyondellBasell Industries AF S.C.A		3,151,865
	21,294		MeadWestvaco Corp		786,813
	64,441		Monsanto Co		6,365,482
	33,242		Mosaic Co		1,365,914
	60,508		Newmont Mining Corp		1,815,240
	38,151		Nucor Corp		1,784,704
	20,042	*	Owens-Illinois, Inc		596,250
	17,123		PPG Industries, Inc		2,747,214
	35,735		Praxair, Inc		4,294,275
	23,625		Sealed Air Corp		643,545
	10,341		Sherwin-Williams Co		1,801,092
	14,336		Sigma-Aldrich Corp		1,197,916
	18,429	e	United States Steel Corp		319,743
	15,667		Vulcan Materials Co		739,169
			TOTAL MATERIALS		60,159,981
MEDIA - 3.8%
	26,714		Cablevision Systems Corp (Class A)		499,285
	68,524		CBS Corp (Class B)		3,620,808
	317,820		Comcast Corp (Class A)		14,327,326
	67,429	*	DIRECTV		4,266,233

211

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	29,667	*	Discovery Communications, Inc (Class A)	$	2,365,053
	27,820		Gannett Co, Inc		716,643
	50,800		Interpublic Group of Cos, Inc		835,660
	32,926		McGraw-Hill Cos, Inc		2,036,802
	58,949	*	News Corp		939,057
	31,032		Omnicom Group, Inc		1,994,427
	10,197		Scripps Networks Interactive (Class A)		721,642
	35,155		Time Warner Cable, Inc		4,010,131
	112,531		Time Warner, Inc		7,006,180
	240,259		Twenty-First Century Fox, Inc		7,178,939
	53,952		Viacom, Inc (Class B)		3,926,087
	217,387		Walt Disney Co		14,054,069
	528	e	Washington Post Co (Class B)		283,726
			TOTAL MEDIA		68,782,068
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 8.6%
	191,149		AbbVie, Inc		8,693,457
	15,341	*	Actavis, Inc		2,059,836
	41,517		Agilent Technologies, Inc		1,857,055
	23,654	*	Alexion Pharmaceuticals, Inc		2,749,304
	35,862		Allergan, Inc		3,267,745
	90,513		Amgen, Inc		9,801,653
	28,650	*	Biogen Idec, Inc		6,249,424
	198,289		Bristol-Myers Squibb Co		8,574,016
	50,346	*	Celgene Corp		7,393,814
	119,670		Eli Lilly & Co		6,355,674
	28,479	*	Forest Laboratories, Inc		1,240,545
	184,109	*	Gilead Sciences, Inc		11,313,498
	20,254	*	Hospira, Inc		824,338
	339,028		Johnson & Johnson		31,699,118
	20,931	*	Life Technologies Corp		1,561,453
	364,507		Merck & Co, Inc		17,558,302
	45,985	*	Mylan Laboratories, Inc		1,543,257
	13,528		PerkinElmer, Inc		461,170
	10,678		Perrigo Co		1,328,236
	803,919		Pfizer, Inc		23,498,552
	9,179	*	Regeneron Pharmaceuticals, Inc		2,478,881
	43,142		Thermo Electron Corp		3,930,668
	10,263	*	Waters Corp		1,035,947
	60,413		Zoetis Inc		1,800,912
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		157,276,855
REAL ESTATE - 2.0%
	47,819		American Tower Corp		3,385,107
	18,092		Apartment Investment & Management Co (Class A)		531,543
	14,628		AvalonBay Communities, Inc		1,979,753
	18,220		Boston Properties, Inc		1,948,629
	36,641	*	CBRE Group, Inc		848,972
	38,483		Equity Residential		2,155,048
	54,854		HCP, Inc		2,406,445
	34,151		Health Care REIT, Inc		2,202,398
	89,926		Host Marriott Corp		1,606,078

212

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	49,609		Kimco Realty Corp	$	1,118,683
	16,697		Macerich Co		1,036,049
	19,770		Plum Creek Timber Co, Inc		964,381
	59,762		Prologis, Inc		2,292,470
	17,484		Public Storage, Inc		2,783,802
	37,521		Simon Property Group, Inc		6,005,611
	35,194		Ventas, Inc		2,313,654
	20,423		Vornado Realty Trust		1,732,075
	69,462		Weyerhaeuser Co		1,972,721
			TOTAL REAL ESTATE		37,283,419
RETAILING - 4.4%
	9,659		Abercrombie & Fitch Co (Class A)		481,694
	43,959	*	Amazon.com, Inc		13,241,330
	5,014	*	Autonation, Inc		240,171
	4,421	*	Autozone, Inc		1,983,172
	26,243	*	Bed Bath & Beyond, Inc		2,006,802
	32,058		Best Buy Co, Inc		964,625
	26,864	*	Carmax, Inc		1,317,411
	36,342	*	Dollar General Corp		1,986,817
	26,825	*	Dollar Tree, Inc		1,439,161
	11,053		Expedia, Inc		520,928
	11,450		Family Dollar Stores, Inc		787,302
	14,695	e	GameStop Corp (Class A)		720,937
	34,933		Gap, Inc		1,603,425
	18,691		Genuine Parts Co		1,532,475
	176,335		Home Depot, Inc		13,935,755
	17,826	*,e	JC Penney Co, Inc		260,260
	24,564		Kohl’s Corp		1,301,401
	28,877		L Brands, Inc		1,610,470
	129,478		Lowe’s Companies, Inc		5,772,129
	45,979		Macy’s, Inc		2,222,625
	6,833	*	NetFlix, Inc		1,668,755
	17,855		Nordstrom, Inc		1,093,440
	13,316	*	O’Reilly Automotive, Inc		1,667,962
	12,602		Petsmart, Inc		922,719
	6,227	*	Priceline.com, Inc		5,452,797
	26,368		Ross Stores, Inc		1,779,049
	80,152		Staples, Inc		1,364,187
	77,469		Target Corp		5,519,666
	14,538		Tiffany & Co		1,155,916
	86,888		TJX Companies, Inc		4,521,652
	13,345	*	TripAdvisor, Inc		1,001,142
	13,568	*	Urban Outfitters, Inc		577,454
			TOTAL RETAILING		80,653,629

213

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.0%
	75,608	*,e	Advanced Micro Devices, Inc	$	285,042
	38,221		Altera Corp		1,359,139
	37,255		Analog Devices, Inc		1,838,907
	144,253		Applied Materials, Inc		2,352,766
	63,579		Broadcom Corp (Class A)		1,752,873
	8,478	*	First Solar, Inc		417,457
	598,636		Intel Corp		13,948,219
	20,178		Kla-Tencor Corp		1,183,036
	19,511	*	Lam Research Corp		960,331
	28,253		Linear Technology Corp		1,145,942
	64,842	*	LSI Logic Corp		504,471
	24,009	e	Microchip Technology, Inc		954,118
	124,753	*	Micron Technology, Inc		1,652,977
	69,621		Nvidia Corp		1,004,631
	23,771	*	Teradyne, Inc		391,984
	133,876		Texas Instruments, Inc		5,247,939
	31,729		Xilinx, Inc		1,481,427
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		36,481,259
SOFTWARE & SERVICES - 9.1%
	78,471		Accenture plc		5,791,945
	60,766	*	Adobe Systems, Inc		2,873,016
	21,707	*	Akamai Technologies, Inc		1,024,570
	26,895	*	Autodesk, Inc		951,814
	58,609		Automatic Data Processing, Inc		4,225,123
	15,988	*	BMC Software, Inc		734,968
	39,606		CA, Inc		1,177,882
	22,568	*	Citrix Systems, Inc		1,625,347
	36,412	*	Cognizant Technology Solutions Corp (Class A)		2,635,865
	18,104		Computer Sciences Corp		862,837
	140,986	*	eBay, Inc		7,287,566
	36,127	*	Electronic Arts, Inc		943,637
	35,187		Fidelity National Information Services, Inc		1,518,671
	16,027	*	Fiserv, Inc		1,542,438
	32,437	*	Google, Inc (Class A)		28,791,081
	125,804		International Business Machines Corp		24,536,812
	33,473		Intuit, Inc		2,139,594
	12,621		Mastercard, Inc (Class A)		7,706,509
	907,157		Microsoft Corp		28,874,807
	443,590		Oracle Corp		14,350,137
	39,551		Paychex, Inc		1,559,891
	23,028	*	Red Hat, Inc		1,192,160
	34,787		SAIC, Inc		531,893
	65,178	*	Salesforce.com, Inc		2,851,538
	84,113		Symantec Corp		2,244,135
	19,772	*	Teradata Corp		1,168,921
	18,856		Total System Services, Inc		516,843
	18,202	*	VeriSign, Inc		870,784

214

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	61,185		Visa, Inc (Class A)	$	10,830,357
	66,191		Western Union Co		1,188,790
	115,051	*	Yahoo!, Inc		3,231,783
			TOTAL SOFTWARE & SERVICES		165,781,714
TECHNOLOGY HARDWARE & EQUIPMENT - 6.5%
	19,354		Amphenol Corp (Class A)		1,520,450
	113,305	d	Apple, Inc		51,270,513
	645,057		Cisco Systems, Inc		16,481,206
	176,683		Corning, Inc		2,683,815
	177,809		Dell, Inc		2,252,840
	253,704		EMC Corp		6,634,360
	9,473	*	F5 Networks, Inc		831,350
	17,502		Flir Systems, Inc		568,290
	13,254		Harris Corp		756,406
	232,862		Hewlett-Packard Co		5,979,896
	21,843		Jabil Circuit, Inc		502,171
	29,841	*	JDS Uniphase Corp		437,767
	61,234	*	Juniper Networks, Inc		1,326,941
	17,141		Molex, Inc		511,316
	32,823		Motorola, Inc		1,799,685
	43,389		NetApp, Inc		1,784,156
	208,550		Qualcomm, Inc		13,461,902
	29,217	*	SanDisk Corp		1,610,441
	38,471		Seagate Technology, Inc		1,573,849
	49,805		Tyco Electronics Ltd		2,542,047
	25,755		Western Digital Corp		1,658,107
	148,072		Xerox Corp		1,436,298
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		117,623,806
TELECOMMUNICATION SERVICES - 2.5%
	649,398		AT&T, Inc		22,904,267
	73,009		CenturyTel, Inc		2,617,373
	35,200	*	Crown Castle International Corp		2,472,800
	116,876	e	Frontier Communications Corp		509,579
	345,341		Verizon Communications, Inc		17,087,473
	73,069	e	Windstream Corp		610,126
			TOTAL TELECOMMUNICATION SERVICES		46,201,618
TRANSPORTATION - 1.7%
	19,280		CH Robinson Worldwide, Inc		1,149,474
	123,381		CSX Corp		3,061,083
	25,057		Expeditors International of Washington, Inc		1,010,298
	35,384		FedEx Corp		3,750,704
	13,248		Kansas City Southern Industries, Inc		1,427,472
	38,039		Norfolk Southern Corp		2,782,933
	6,558		Ryder System, Inc		405,547

215

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES		COMPANY	VALUE
	87,344	Southwest Airlines Co	$	1,207,968
	56,341	Union Pacific Corp		8,935,119
	85,768	United Parcel Service, Inc (Class B)		7,444,662
		TOTAL TRANSPORTATION		31,175,260
UTILITIES - 3.3%
	74,150	AES Corp		922,426
	14,044	AGL Resources, Inc		643,075
	29,448	Ameren Corp		1,054,533
	58,883	American Electric Power Co, Inc		2,729,227
	51,447	Centerpoint Energy, Inc		1,276,915
	31,744	CMS Energy Corp		888,515
	35,581	Consolidated Edison, Inc		2,131,302
	69,763	Dominion Resources, Inc		4,137,644
	21,019	DTE Energy Co		1,486,043
	85,187	Duke Energy Corp		6,048,277
	38,910	Edison International		1,939,663
	21,586	Entergy Corp		1,457,055
	103,309	Exelon Corp		3,160,222
	49,936	FirstEnergy Corp		1,901,064
	9,863	Integrys Energy Group, Inc		619,396
	51,290	NextEra Energy, Inc		4,442,227
	37,602	NiSource, Inc		1,155,133
	38,128	Northeast Utilities		1,693,264
	38,729	NRG Energy, Inc		1,038,712
	24,746	Oneok, Inc		1,310,301
	30,473	Pepco Holdings, Inc		626,220
	53,635	PG&E Corp		2,461,310
	13,629	Pinnacle West Capital Corp		802,748
	76,009	PPL Corp		2,414,806
	60,708	Public Service Enterprise Group, Inc		2,051,323
	16,799	SCANA Corp		872,036
	27,261	Sempra Energy		2,388,881
	105,021	Southern Co		4,709,142
	25,210	TECO Energy, Inc		445,461
	27,587	Wisconsin Energy Corp		1,199,483
	59,814	Xcel Energy, Inc		1,791,429
		TOTAL UTILITIES		59,797,833
		TOTAL COMMON STOCKS		1,813,899,139
		(Cost $1,456,753,957)

216

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
SHORT-TERM INVESTMENTS - 0.5%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.5%
	9,503,769	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	9,503,769
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		9,503,769
			TOTAL SHORT-TERM INVESTMENTS		9,503,769
			(Cost $9,503,769)
			TOTAL INVESTMENTS - 100.0%		1,823,402,908
			(Cost $1,466,257,726)
			OTHER ASSETS & LIABILITIES, NET - 0.0%		(490,554	)
			NET ASSETS - 100.0%	$	1,822,912,354
			Abbreviation(s):
			REIT     Real Estate Investment Trust
			SPDR    Standard & Poor’s Depository Receipts
		*	Non-income producing.
		c	Investments made with cash collateral received from securities on loan.
		d	All or a portion of these securities have been segregated to cover margin or other requirements on open futures transactions.
		e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $9,293,135.

217

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

TIAA-CREF FUNDS

SMALL-CAP BLEND INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.3%
AUTOMOBILES & COMPONENTS - 1.1%
	62,783	*	American Axle & Manufacturing Holdings, Inc	$	1,221,129
	59,622		Cooper Tire & Rubber Co		1,999,722
	136,560		Dana Holding Corp		2,983,836
	23,157		Dorman Products, Inc		1,090,232
	21,023		Drew Industries, Inc		858,369
	18,362	*	Federal Mogul Corp (Class A)		286,080
	12,524	*	Fuel Systems Solutions, Inc		227,812
	31,096	*	Gentherm, Inc		634,358
	44,137	*	Modine Manufacturing Co		485,507
	12,546	e	Remy International, Inc		260,831
	3,617		Shiloh Industries, Inc		46,370
	32,356		Spartan Motors, Inc		196,077
	18,338		Standard Motor Products, Inc		630,644
	27,351	*	Stoneridge, Inc		330,400
	22,003		Superior Industries International, Inc		400,675
	56,755	*	Tenneco, Inc		2,742,969
	5,539	*	Tower International, Inc		123,575
	26,078	*	Winnebago Industries, Inc		623,786
			TOTAL AUTOMOBILES & COMPONENTS		15,142,372
BANKS - 8.8%
	14,580		1st Source Corp		397,742
	26,505		1st United Bancorp, Inc		206,209
	8,321		Access National Corp		126,729
	7,012		American National Bankshares, Inc		167,166
	22,715	*	Ameris Bancorp		437,264
	8,322		Ames National Corp		190,407
	30,813		Apollo Residential Mortgage		493,932
	9,559	e	Arrow Financial Corp		251,784
	81,732		Astoria Financial Corp		997,130
	10,725	e	Banc of California, Inc		157,872
	6,638		Bancfirst Corp		347,035
	27,686		Banco Latinoamericano de Exportaciones S.A. (Class E)		697,410
	88,750		Bancorpsouth, Inc		1,743,938
	43,760		Bank Mutual Corp		271,750
	5,491		Bank of Kentucky Financial Corp		150,728
	5,527		Bank of Marin Bancorp		232,963
	29,370		Bank of the Ozarks, Inc		1,403,299
	18,716		BankFinancial Corp		160,958
	18,058		Banner Corp		669,591
	3,412		Bar Harbor Bankshares		133,955
	72,711		BBCN Bancorp, Inc		1,062,308
	7,981	*	BBX Capital Corp		113,250
	32,071	*	Beneficial Mutual Bancorp, Inc		276,452

218

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	23,798		Berkshire Hills Bancorp, Inc	$	621,128
	18,054	e	BNC Bancorp		239,577
	11,520	*	BofI Holding, Inc		624,960
	74,226		Boston Private Financial Holdings, Inc		820,197
	7,999		Bridge Bancorp, Inc		171,499
	8,245	*	Bridge Capital Holdings		135,960
	65,223		Brookline Bancorp, Inc		643,099
	13,025		Bryn Mawr Bank Corp		364,179
	3,378		C&F Financial Corp		182,547
	7,682		Camden National Corp		298,907
	23,833	*	Capital Bank Financial Corp		455,210
	10,806	*	Capital City Bank Group, Inc		135,291
	139,490		Capitol Federal Financial		1,758,969
	28,529		Cardinal Financial Corp		466,734
	4,081	*,e	Cascade Bancorp		24,200
	73,869		Cathay General Bancorp		1,755,127
	10,405		Center Bancorp, Inc		156,803
	26,663		Centerstate Banks of Florida, Inc		262,897
	20,799	*	Central Pacific Financial Corp		386,653
	2,805		Century Bancorp, Inc		99,774
	22,629	e	Charter Financial Corp		246,430
	26,243		Chemical Financial Corp		783,616
	3,203		Chemung Financial Corp		106,436
	11,000		Citizens & Northern Corp		217,140
	14,557	e	City Holding Co		644,293
	6,606		Clifton Savings Bancorp, Inc		82,245
	11,127		CNB Financial Corp		198,951
	33,037		CoBiz, Inc		331,691
	47,799		Columbia Banking System, Inc		1,194,019
	37,235		Community Bank System, Inc		1,248,862
	13,163		Community Trust Bancorp, Inc		524,546
	9,153	*,e	CommunityOne Bancorp		77,801
	1,539	*	ConnectOne Bancorp, Inc		49,033
	8,265	*	CU Bancorp		146,704
	19,004	*,e	Customers Bancorp, Inc		318,317
	86,183		CVB Financial Corp		1,128,135
	29,211		Dime Community Bancshares		512,653
	7,015	*	Doral Financial Corp		168,430
	21,486	*	Eagle Bancorp, Inc		564,437
	6,486		Enterprise Bancorp, Inc		130,433
	17,307		Enterprise Financial Services Corp		320,699
	9,481		ESB Financial Corp		124,296
	7,011		ESSA Bancorp, Inc		79,575
	74,927		EverBank Financial Corp		1,162,867
	6,561	*	Farmers Capital Bank Corp		160,220
	10,039		Federal Agricultural Mortgage Corp (Class C)		312,113
	10,974		Fidelity Southern Corp		169,441
	11,693		Financial Institutions, Inc		235,380
	17,482		First Bancorp (NC)		276,740
	67,442	*,e	First Bancorp (Puerto Rico)		507,838
	8,547		First Bancorp, Inc		152,991
	69,960		First Busey Corp		349,100

219

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	90,421		First Commonwealth Financial Corp	$	679,062
	15,959		First Community Bancshares, Inc		254,706
	16,848		First Connecticut Bancorp		252,720
	9,737		First Defiance Financial Corp		257,057
	2,398	*,e	First Federal Bancshares of Arkansas, Inc		23,620
	53,125		First Financial Bancorp		855,844
	29,464	e	First Financial Bankshares, Inc		1,816,456
	11,036		First Financial Corp		365,954
	22,527	*,e	First Financial Holdings, Inc		1,248,905
	16,051		First Financial Northwest, Inc		171,104
	17,262		First Interstate Bancsystem, Inc		406,865
	7,406	e	First M&F Corp		131,308
	27,011		First Merchants Corp		505,646
	69,443		First Midwest Bancorp, Inc		1,060,395
	4,602	*	First NBC Bank Holding Co		120,388
	7,401		First of Long Island Corp		266,288
	55,603	*	First Security Group, Inc		132,891
	155,249		FirstMerit Corp		3,480,682
	19,170	*,e	Flagstar Bancorp, Inc		314,388
	29,699		Flushing Financial Corp		563,093
	134,835		FNB Corp		1,704,314
	10,692		Fox Chase Bancorp, Inc		187,324
	10,390		Franklin Financial Corp		189,825
	11,289		German American Bancorp, Inc		312,367
	66,635		Glacier Bancorp, Inc		1,621,896
	10,039		Great Southern Bancorp, Inc		293,139
	13,012		Guaranty Bancorp		163,170
	29,628	*	Hampton Roads Bankshares, Inc		50,368
	78,885		Hancock Holding Co		2,584,273
	29,545	*	Hanmi Financial Corp		502,265
	14,199		Heartland Financial USA, Inc		397,572
	18,315	*	Heritage Commerce Corp		134,615
	13,483		Heritage Financial Corp		214,245
	17,034	*	Heritage Oaks Bancorp		113,276
	1,140		Hingham Institution for Savings		81,932
	5,488	*	Home Bancorp, Inc		100,156
	42,134		Home Bancshares, Inc		1,151,101
	12,879		Home Federal Bancorp, Inc		180,564
	66,127		Home Loan Servicing Solutions Ltd		1,655,159
	12,023		HomeStreet, Inc		260,899
	18,558	*	HomeTrust Bancshares, Inc		301,196
	7,556		Horizon Bancorp		181,117
	15,955		Hudson Valley Holding Corp		330,588
	27,922		IBERIABANK Corp		1,641,814
	21,764		Independent Bank Corp		810,491
	3,363	*	Independent Bank Group, Inc		116,965
	49,874		International Bancshares Corp		1,207,450
	15,167	*	Intervest Bancshares Corp		112,236
	43,469		Investors Bancorp, Inc		965,012
	12,796	*	Kearny Financial Corp		132,567
	28,851		Lakeland Bancorp, Inc		324,285
	15,482		Lakeland Financial Corp		488,457

220

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	5,422	e	LCNB Corp	$	118,471
	20,705	*,e	Macatawa Bank Corp		107,459
	17,862		MainSource Financial Group, Inc		258,285
	50,763		MB Financial, Inc		1,460,959
	7,605		Mercantile Bank Corp		151,872
	4,994		Merchants Bancshares, Inc		155,014
	7,452	*	Meridian Interstate Bancorp, Inc		152,468
	3,995	e	Meta Financial Group, Inc		117,533
	13,799		MetroCorp Bancshares, Inc		147,649
	301,196	*	MGIC Investment Corp		2,301,137
	4,622		Middleburg Financial Corp		96,507
	7,246		Midsouth Bancorp, Inc		118,110
	6,045		MidWestOne Financial Group, Inc		157,714
	3,730	*,e	NASB Financial, Inc		108,692
	48,955		National Bank Holdings Corp		979,100
	6,177		National Bankshares, Inc		236,270
	108,867		National Penn Bancshares, Inc		1,174,675
	41,309		NBT Bancorp, Inc		932,344
	22,274	*,e	NewBridge Bancorp		182,424
	53,975		Northfield Bancorp, Inc		632,587
	5,608		Northrim BanCorp, Inc		143,116
	87,131		Northwest Bancshares, Inc		1,204,150
	13,706		OceanFirst Financial Corp		234,099
	41,998		OFG Bancorp		775,703
	94,286		Old National Bancorp		1,358,661
	10,486	*	OmniAmerican Bancorp, Inc		247,889
	43,486		Oritani Financial Corp		707,082
	17,217		Pacific Continental Corp		212,286
	15,817	*	Pacific Premier Bancorp, Inc		206,096
	35,477	e	PacWest Bancorp		1,256,595
	3,953	*	Palmetto Bancshares, Inc		53,010
	10,928	e	Park National Corp		862,219
	42,277	*	Park Sterling Bank		283,256
	7,781		Peapack Gladstone Financial Corp		152,196
	3,420		Penns Woods Bancorp, Inc		157,115
	13,750	*	Pennsylvania Commerce Bancorp, Inc		300,575
	12,602	*	PennyMac Financial Services, Inc		246,999
	10,753		Peoples Bancorp, Inc		241,835
	32,639	*	Pinnacle Financial Partners, Inc		929,559
	10,382	*	Preferred Bank		176,390
	60,021		PrivateBancorp, Inc		1,415,895
	56,490		Prosperity Bancshares, Inc		3,334,040
	8,770		Provident Financial Holdings, Inc		153,475
	56,128		Provident Financial Services, Inc		998,517
	41,655	e	Provident New York Bancorp		451,957
	160,243	e	Radian Group, Inc		2,251,414
	23,439		Renasant Corp		642,229
	9,119		Republic Bancorp, Inc (Class A)		238,644
	25,830		Rockville Financial, Inc		338,373
	6,488		Roma Financial Corp		123,921
	27,667		S&T Bancorp, Inc		677,288
	13,405		S.Y. Bancorp, Inc		370,380

221

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	23,351		Sandy Spring Bancorp, Inc	$	570,698
	65,340	*	Seacoast Banking Corp of Florida		154,202
	10,864		Sierra Bancorp		171,434
	15,617		Simmons First National Corp (Class A)		427,125
	16,968	e	Southside Bancshares, Inc		424,030
	18,619	*	Southwest Bancorp, Inc		278,540
	30,058		State Bank & Trust Co		479,726
	21,464		StellarOne Corp		454,608
	29,520		Sterling Bancorp		399,996
	31,164		Sterling Financial Corp		826,781
	9,964	*	Suffolk Bancorp		180,847
	35,297	*	Sun Bancorp, Inc		117,186
	173,707		Susquehanna Bancshares, Inc		2,310,303
	15,999	*	Taylor Capital Group, Inc		358,858
	10,578		Territorial Bancorp, Inc		240,544
	38,276	*	Texas Capital Bancshares, Inc		1,741,175
	30,879	*	The Bancorp, Inc		463,185
	13,956		Tompkins Trustco, Inc		629,834
	23,955	e	TowneBank		382,561
	5,518		Tree.com, Inc		104,235
	15,397		Trico Bancshares		333,499
	5,540	*	Tristate Capital Holdings, Inc		74,125
	88,406		Trustco Bank Corp NY		525,132
	62,968		Trustmark Corp		1,698,247
	30,340		UMB Financial Corp		1,814,332
	104,658		Umpqua Holdings Corp		1,762,441
	19,542		Union Bankshares Corp		431,878
	47,541	e	United Bankshares, Inc		1,346,361
	39,449	*	United Community Banks, Inc		537,690
	35,320	*	United Community Financial Corp		163,178
	19,830		United Financial Bancorp, Inc		309,546
	15,003		Univest Corp of Pennsylvania		304,411
	10,304	*	VantageSouth Bancshares, Inc		52,035
	37,960		ViewPoint Financial Group		818,797
	25,735	*	Virginia Commerce Bancorp		386,797
	15,991	*	Walker & Dunlop, Inc		294,874
	11,702		Washington Banking Co		170,264
	13,827		Washington Trust Bancorp, Inc		447,165
	6,555	*	Waterstone Financial, Inc		71,318
	83,660		Webster Financial Corp		2,278,898
	24,832		WesBanco, Inc		731,302
	13,928		West Bancorporation, Inc		190,535
	25,105	e	Westamerica Bancorporation		1,204,789
	69,346	*	Western Alliance Bancorp		1,229,505
	19,875		Westfield Financial, Inc		138,330
	58,490		Wilshire Bancorp, Inc		514,127
	34,418		Wintrust Financial Corp		1,408,040
	7,245		WSFS Financial Corp		431,295
	12,814	*	Yadkin Financial Corp		199,770
			TOTAL BANKS		125,155,808

222

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
CAPITAL GOODS - 8.9%
	26,796		Aaon, Inc	$	577,990
	36,490		AAR Corp		884,518
	35,826	*	Accuride Corp		204,925
	25,249		Aceto Corp		391,864
	68,256		Actuant Corp (Class A)		2,410,119
	39,974		Acuity Brands, Inc		3,457,751
	36,392	*	Aegion Corp		830,465
	17,720	*	Aerovironment, Inc		400,649
	63,654		Aircastle Ltd		1,119,037
	6,332		Alamo Group, Inc		263,854
	25,936		Albany International Corp (Class A)		895,051
	25,267		Altra Holdings, Inc		630,159
	18,084	*	Ameresco, Inc		165,288
	9,061	e	American Railcar Industries, Inc		325,562
	7,691		American Science & Engineering, Inc		467,536
	42,723	*,e	American Superconductor Corp		107,235
	8,920	*	American Woodmark Corp		309,435
	8,095		Ampco-Pittsburgh Corp		155,748
	28,814	*	API Technologies Corp		87,883
	26,616		Apogee Enterprises, Inc		712,244
	39,448		Applied Industrial Technologies, Inc		2,057,608
	13,532		Argan, Inc		214,482
	89,049	*	ArvinMeritor, Inc		723,968
	19,270		Astec Industries, Inc		674,450
	12,066	*	Astronics Corp		476,728
	23,709		AZZ, Inc		896,911
	50,004		Barnes Group, Inc		1,650,132
	45,271	*	Beacon Roofing Supply, Inc		1,846,604
	46,823	*	Blount International, Inc		617,127
	32,699	*	Bluelinx Holdings, Inc		60,493
	42,966		Brady Corp (Class A)		1,429,479
	44,420		Briggs & Stratton Corp		899,505
	42,532	*	Builders FirstSource, Inc		250,939
	16,387	*	CAI International, Inc		343,963
	286,454	*,e	Capstone Turbine Corp		421,087
	28,433	*	Chart Industries, Inc		3,232,832
	16,178		CIRCOR International, Inc		849,669
	46,505		Clarcor, Inc		2,556,845
	8,670		Coleman Cable, Inc		188,399
	18,482	*	Columbus McKinnon Corp		408,822
	34,424		Comfort Systems USA, Inc		531,851
	22,315	*	Commercial Vehicle Group, Inc		161,561
	18,259		Cubic Corp		922,992
	43,881		Curtiss-Wright Corp		1,783,324
	69,057	*	DigitalGlobe, Inc		2,237,447
	20,705		Douglas Dynamics, Inc		297,531
	10,496	*	Ducommun, Inc		239,729
	8,986	*	DXP Enterprises, Inc		620,034
	30,488	*	Dycom Industries, Inc		807,322
	12,188		Dynamic Materials Corp		236,325
	15,910	*	Edgen Group, Inc		124,893

223

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	62,882		EMCOR Group, Inc	$	2,595,769
	19,121		Encore Wire Corp		797,537
	43,001	*	Energy Recovery, Inc		187,914
	45,154		EnerSys		2,389,550
	16,155	*	Engility Holdings, Inc		526,491
	14,170	*,e	Enphase Energy, Inc		89,980
	19,230	*	EnPro Industries, Inc		1,092,841
	3,371	*,e	Erickson Air-Crane, Inc		62,869
	24,319		ESCO Technologies, Inc		842,167
	29,322	*	Esterline Technologies Corp		2,387,984
	58,156	*	Federal Signal Corp		564,113
	44,658	*	Flow International Corp		172,380
	44,323		Franklin Electric Co, Inc		1,651,475
	10,724		Freightcar America, Inc		195,284
	143,640	*,e	FuelCell Energy, Inc		175,241
	36,027	*	Furmanite Corp		269,842
	56,074	*,e	GenCorp, Inc		981,856
	47,850		Generac Holdings, Inc		2,074,298
	46,639		General Cable Corp		1,470,061
	28,373	*	Gibraltar Industries, Inc		436,944
	7,144	*	Global Brass & Copper Holdings, Inc		133,093
	16,541		Global Power Equipment Group, Inc		299,061
	14,469		Gorman-Rupp Co		502,508
	107,632	*,e	GrafTech International Ltd		809,393
	9,424		Graham Corp		308,071
	36,502		Granite Construction, Inc		1,104,186
	56,863		Great Lakes Dredge & Dock Corp		437,276
	22,533	*	Greenbrier Cos, Inc		515,330
	41,765		Griffon Corp		497,004
	27,213		H&E Equipment Services, Inc		621,545
	11,376		Hardinge, Inc		179,968
	49,406		Heico Corp		2,806,261
	16,359		Houston Wire & Cable Co		242,604
	5,361		Hurco Cos, Inc		152,789
	9,776		Hyster-Yale Materials Handling, Inc		635,538
	46,974	*	II-VI, Inc		830,500
	11,297	e	Innovative Solutions & Support, Inc		87,100
	16,738		Insteel Industries, Inc		281,198
	27,306		John Bean Technologies Corp		647,425
	10,177		Kadant, Inc		333,195
	25,519		Kaman Corp		966,149
	29,868		Kaydon Corp		868,561
	30,245	*,e	KEYW Holding Corp		388,043
	39,558	*	Kratos Defense & Security Solutions, Inc		266,621
	18,139	*	Layne Christensen Co		351,534
	9,771		LB Foster Co (Class A)		454,156
	11,918		Lindsay Manufacturing Co		895,042
	9,793	*	LMI Aerospace, Inc		181,073
	17,469		LSI Industries, Inc		142,547
	15,638	*	Lydall, Inc		243,327
	12,786	*	Manitex International, Inc		147,550
	55,223	*	Mastec, Inc		1,822,359

224

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	14,484		Met-Pro Corp	$	197,707
	8,565		Michael Baker Corp		346,026
	17,582	*	Middleby Corp		3,146,123
	10,487		Miller Industries, Inc		173,979
	42,093	*	Moog, Inc (Class A)		2,367,310
	26,137		Mueller Industries, Inc		1,434,660
	147,883		Mueller Water Products, Inc (Class A)		1,144,614
	19,281	*	MYR Group, Inc		416,470
	4,645	e	National Presto Industries, Inc		344,380
	18,484	*	NCI Building Systems, Inc		262,103
	15,234		NN, Inc		187,378
	8,403	*	Nortek, Inc		567,287
	8,432	*	Northwest Pipe Co		251,274
	1,781		Omega Flex, Inc		32,076
	56,367	*	Orbital Sciences Corp		1,045,044
	25,124	*	Orion Marine Group, Inc		315,809
	6,796	*	Patrick Industries, Inc		169,288
	35,119	*	Perini Corp		694,654
	32,121	*	Pgt, Inc		321,210
	24,666		Pike Electric Corp		301,172
	15,338	*	Ply Gem Holdings, Inc		287,434
	16,847	*	PMFG, Inc		128,037
	43,466	*,e	Polypore International, Inc		1,825,137
	8,673	*	Powell Industries, Inc		426,712
	1,721	*	Power Solutions International, Inc		75,397
	18,421	*	PowerSecure International, Inc		299,894
	2,512		Preformed Line Products Co		183,250
	33,263		Primoris Services Corp		691,870
	16,075	*,e	Proto Labs, Inc		1,087,795
	33,803		Quanex Building Products Corp		575,327
	34,318		Raven Industries, Inc		1,052,190
	21,412	*	RBC Bearings, Inc		1,174,662
	26,376	*,e	Revolution Lighting Technologies, Inc		110,252
	27,874	*	Rexnord Corp		528,770
	32,508	*	Rush Enterprises, Inc (Class A)		810,099
	37,796		Simpson Manufacturing Co, Inc		1,248,024
	10,266	*	Sparton Corp		182,427
	11,965		Standex International Corp		706,294
	13,783	*	Sterling Construction Co, Inc		135,349
	19,699		Sun Hydraulics Corp		619,534
	31,633	e	TAL International Group, Inc		1,273,228
	47,645	*	Taser International, Inc		423,088
	17,541	*	Tecumseh Products Co (Class A)		201,371
	34,970	*	Teledyne Technologies, Inc		2,803,545
	16,897		Tennant Co		871,885
	19,946	e	Textainer Group Holdings Ltd		705,889
	5,625	*,e	The ExOne Company		343,238
	25,315	*	Thermon Group Holdings		506,553
	49,577	e	Titan International, Inc		854,707
	15,913	*,e	Titan Machinery, Inc		303,779
	15,856	*	Trex Co, Inc		750,623
	36,789	*	Trimas Corp		1,362,297

225

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	7,421		Twin Disc, Inc	$	185,377
	18,070		Universal Forest Products, Inc		745,388
	71,289	*,e	USG Corp		1,791,493
	15,653	*	Vicor Corp		129,763
	63,717	*	Wabash National Corp		683,683
	23,906		Watsco, Inc		2,231,625
	26,571		Watts Water Technologies, Inc (Class A)		1,389,132
	64,310		Woodward Governor Co		2,631,565
	9,748	*	Xerium Technologies, Inc		120,680
			TOTAL CAPITAL GOODS		125,451,895
COMMERCIAL & PROFESSIONAL SERVICES - 3.6%
	51,205		ABM Industries, Inc		1,326,209
	45,916	e	Acacia Research (Acacia Technologies)		1,047,803
	105,217	*	ACCO Brands Corp		695,484
	17,572	e	Acorn Energy, Inc		152,525
	20,827		Administaff, Inc		688,749
	33,218	*	Advisory Board Co		1,949,564
	17,315		American Ecology Corp		529,320
	34,169	*	ARC Document Solutions, Inc		162,986
	7,362	*	AT Cross Co		136,933
	6,744		Barrett Business Services, Inc		473,833
	44,630		Brink’s Co		1,192,960
	35,352	*	Casella Waste Systems, Inc (Class A)		168,629
	35,767	*,e	CBIZ, Inc		259,668
	14,212		CDI Corp		223,555
	9,990	e	Ceco Environmental Corp		133,466
	48,074	*,e	Cenveo, Inc		117,301
	765		Compx International, Inc		13,303
	6,740	*	Consolidated Graphics, Inc		361,197
	110,924	*,e	Coolbrands International, Inc		89,305
	31,462		Corporate Executive Board Co		2,121,483
	11,306		Courier Corp		175,469
	9,780	*	CRA International, Inc		187,189
	47,454		Deluxe Corp		1,946,089
	24,593	*	EnerNOC, Inc		384,143
	25,178		Ennis, Inc		466,548
	12,258		Exponent, Inc		810,499
	9,904	*	Franklin Covey Co		159,851
	37,535	*	FTI Consulting, Inc		1,398,554
	18,399		G & K Services, Inc (Class A)		971,651
	66,274		Geo Group, Inc		2,301,033
	13,927	*	GP Strategies Corp		367,812
	63,767		Healthcare Services Group		1,569,306
	16,839		Heidrick & Struggles International, Inc		258,984
	7,864	*	Heritage-Crystal Clean, Inc		122,207
	54,429		Herman Miller, Inc		1,529,999
	42,662		HNI Corp		1,625,849
	21,769	*	Huron Consulting Group, Inc		1,108,913

226

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	18,349	*	ICF International, Inc	$	612,673
	150,416	*	ICO Global Communications Holdings Ltd		360,998
	41,763	*,e	Innerworkings, Inc		487,792
	54,663		Interface, Inc		1,038,050
	8,436	e	Intersections, Inc		81,660
	25,415		Kelly Services, Inc (Class A)		497,372
	24,951		Kforce, Inc		416,183
	31,186		Kimball International, Inc (Class B)		342,734
	44,963		Knoll, Inc		742,789
	45,806	*	Korn/Ferry International		894,591
	23,434		McGrath RentCorp		802,380
	26,310		Mine Safety Appliances Co		1,397,850
	14,664	*	Mistras Group, Inc		246,502
	35,999	*	Mobile Mini, Inc		1,242,325
	11,651		Multi-Color Corp		403,241
	6,128	*	National Technical Systems, Inc		97,742
	46,962	*	Navigant Consulting, Inc		630,230
	5,395		NL Industries, Inc		59,831
	69,371	*,e	Odyssey Marine Exploration, Inc		246,267
	42,360	*	On Assignment, Inc		1,293,251
	19,774	*	Performant Financial Corp		209,011
	23,241	e	Quad		651,678
	38,449		Resources Connection, Inc		511,372
	30,283	*	RPX Corp		528,136
	12,771		Schawk, Inc (Class A)		175,984
	14,925	*	Standard Parking Corp		343,573
	79,093		Steelcase, Inc (Class A)		1,205,377
	19,411	*	Team, Inc		760,717
	60,156	*	Tetra Tech, Inc		1,419,682
	13,711		TMS International Corp		224,449
	12,192	*	TRC Cos, Inc		101,194
	37,761	*	TrueBlue, Inc		1,008,219
	13,604		Unifirst Corp		1,333,464
	37,630		United Stationers, Inc		1,557,506
	18,660		Viad Corp		448,773
	3,763		VSE Corp		162,863
	22,908	*	WageWorks, Inc		773,603
	19,841		West Corp		435,708
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		50,974,139
CONSUMER DURABLES & APPAREL - 3.2%
	49,874	*,e	American Apparel, Inc		100,247
	29,729		American Greetings Corp (Class A)		566,040
	12,189		Arctic Cat, Inc		670,883
	9,666		Bassett Furniture Industries, Inc		153,979
	23,357	*,e	Beazer Homes USA, Inc		401,507
	8,369	e	Blyth, Inc		117,250
	84,088		Brunswick Corp		3,174,322
	66,933	e	Callaway Golf Co		480,579

227

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	6,632	*	Cavco Industries, Inc	$	363,367
	21,570	*,e	Clarus Corp		223,034
	12,154	e	Columbia Sportswear Co		784,176
	82,051	*	CROCS, Inc		1,121,637
	8,554		CSS Industries, Inc		227,793
	7,237		Culp, Inc		139,240
	23,218	e	Ethan Allen Interiors, Inc		705,131
	8,691	*,e	EveryWare Global, Inc		115,069
	111,446	*	Fifth & Pacific Cos, Inc		2,654,644
	3,572		Flexsteel Industries, Inc		88,907
	15,654	*	G-III Apparel Group Ltd		805,555
	29,815	*	Helen of Troy Ltd		1,266,541
	10,348		Hooker Furniture Corp		173,950
	109,453	*,e	Hovnanian Enterprises, Inc (Class A)		585,573
	52,907	*	Iconix Brand Group, Inc		1,737,466
	26,630	*	iRobot Corp		930,985
	17,167	e	Jakks Pacific, Inc		103,174
	3,883	*	Johnson Outdoors, Inc		98,900
	74,983		Jones Apparel Group, Inc		1,231,221
	77,099	e	KB Home		1,368,507
	48,676		La-Z-Boy, Inc		1,009,053
	58,952	*,e	Leapfrog Enterprises, Inc		679,127
	19,528	*	Libbey, Inc		481,560
	8,199		Lifetime Brands, Inc		122,821
	22,033	*	M/I Homes, Inc		468,422
	22,082	*	Maidenform Brands, Inc		515,835
	7,653		Marine Products Corp		69,183
	36,158		MDC Holdings, Inc		1,144,039
	34,019	*	Meritage Homes Corp		1,539,700
	16,458		Movado Group, Inc		600,388
	4,833		Nacco Industries, Inc (Class A)		296,408
	30,488	*	Nautilus, Inc		267,685
	12,392		Oxford Industries, Inc		838,567
	12,217		Perry Ellis International, Inc		245,562
	43,562		Pool Corp		2,299,202
	122,144	*	Quiksilver, Inc		771,950
	8,873		RG Barry Corp		153,769
	43,067		Ryland Group, Inc		1,741,629
	36,687	*	Skechers U.S.A., Inc (Class A)		1,000,821
	20,123	*	Skullcandy, Inc		111,079
	59,554	*,e	Smith & Wesson Holding Corp		705,119
	139,728	*	Standard-Pacific Corp		1,142,975
	6,564	*	Steinway Musical Instruments, Inc		238,601
	37,578	*	Steven Madden Ltd		1,932,261
	17,980	e	Sturm Ruger & Co, Inc		914,643
	13,218	*	TRI Pointe Homes, Inc		199,460
	44,850	*	Tumi Holdings, Inc		1,072,812
	14,202	*	Unifi, Inc		325,794
	14,293	*	Universal Electronics, Inc		440,653

228

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	20,103	*,e	Vera Bradley, Inc	$	487,297
	5,792		Weyco Group, Inc		158,295
	13,251	*	William Lyon Homes, Inc		299,605
	46,813		Wolverine World Wide, Inc		2,692,216
	30,719	*,e	Zagg, Inc		139,157
			TOTAL CONSUMER DURABLES & APPAREL		45,495,365
CONSUMER SERVICES - 4.1%
	22,690	*	AFC Enterprises		834,992
	16,318	*	American Public Education, Inc		644,724
	31,230		Ameristar Casinos, Inc		826,658
	13,212	*	Ascent Media Corp (Series A)		1,026,705
	22,764	*	BJ’s Restaurants, Inc		811,309
	51,580	*	Bloomin’ Brands, Inc		1,217,288
	26,370		Bob Evans Farms, Inc		1,340,123
	53,132	*,e	Boyd Gaming Corp		707,187
	17,578	*	Bravo Brio Restaurant Group, Inc		287,225
	17,631	*,e	Bridgepoint Education, Inc		284,212
	11,259	*	Bright Horizons Family Solutions		398,681
	17,442	*	Buffalo Wild Wings, Inc		1,806,642
	33,824	*,e	Caesars Entertainment Corp		543,213
	10,434	*	Capella Education Co		511,370
	50,868	*	Career Education Corp		163,795
	14,171		Carriage Services, Inc		265,848
	20,995	*	Carrols Restaurant Group, Inc		137,937
	18,406		CBRL Group, Inc		1,801,947
	16,415		CEC Entertainment, Inc		682,700
	49,626		Cheesecake Factory		2,106,127
	12,868		Churchill Downs, Inc		1,045,010
	15,040	*	Chuy’s Holdings, Inc		530,762
	80,981	*,e	Corinthian Colleges, Inc		181,397
	9,559	*	Del Frisco’s Restaurant Group, Inc		201,121
	86,194	*	Denny’s Corp		490,444
	15,334		DineEquity, Inc		1,068,320
	9,566	*	Diversified Restaurant Holdings, Inc		68,206
	21,626	*,e	Education Management Corp		152,463
	5,806		Einstein Noah Restaurant Group, Inc		94,231
	18,382	*	Fiesta Restaurant Group, Inc		579,952
	42,099	*	Grand Canyon Education, Inc		1,423,788
	51,453		Hillenbrand, Inc		1,275,520
	6,836	*	Ignite Restaurant Group, Inc		109,444
	25,864		International Speedway Corp (Class A)		875,496
	36,712		Interval Leisure Group, Inc		789,675
	19,191	*	Isle of Capri Casinos, Inc		152,377
	21,671	*,e	ITT Educational Services, Inc		568,430
	41,343	*	Jack in the Box, Inc		1,657,441
	15,068	*	Jamba, Inc		220,445
	4,117	*,e	JTH Holding, Inc		71,801
	25,055	*,e	K12, Inc		779,211

229

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	60,778	*	Krispy Kreme Doughnuts, Inc	$	1,277,554
	40,187	*	Life Time Fitness, Inc		2,141,565
	56,126	*,e	LifeLock, Inc		638,153
	21,873		Lincoln Educational Services Corp		137,144
	20,029	*	Luby’s, Inc		161,033
	10,850		Mac-Gray Corp		159,495
	16,540		Marcus Corp		214,193
	27,190	*	Marriott Vacations Worldwide Corp		1,196,360
	25,600		Matthews International Corp (Class A)		990,208
	8,011	*	Monarch Casino & Resort, Inc		164,226
	23,759	*	Morgans Hotel Group Co		170,827
	26,727	*	Multimedia Games, Inc		935,178
	2,855	*	Nathan’s Famous, Inc		163,477
	89,746	*	Orient-Express Hotels Ltd (Class A)		1,122,722
	26,344	*,e	Outerwall, Inc		1,455,506
	15,028	*	Papa John’s International, Inc		1,004,772
	53,757	*	Pinnacle Entertainment, Inc		1,142,336
	13,044	*	Red Robin Gourmet Burgers, Inc		741,943
	43,832		Regis Corp		761,362
	57,058	*	Ruby Tuesday, Inc		417,665
	32,388		Ruth’s Chris Steak House, Inc		387,361
	44,868	*	Scientific Games Corp (Class A)		611,551
	52,333	*	SHFL Entertainment, Inc		1,190,576
	51,674	*	Sonic Corp		794,229
	64,320		Sotheby’s (Class A)		2,894,400
	10,494		Speedway Motorsports, Inc		193,824
	1,149	*	Steak N Shake Co		478,627
	13,767	*	Steiner Leisure Ltd		797,660
	66,629		Stewart Enterprises, Inc (Class A)		875,505
	10,143	e	Strayer Education, Inc		448,929
	58,091		Texas Roadhouse, Inc (Class A)		1,419,744
	22,264		Town Sports International Holdings, Inc		280,972
	19,423		Universal Technical Institute, Inc		227,249
	33,402		Vail Resorts, Inc		2,237,266
	51,014	*	WMS Industries, Inc		1,313,611
			TOTAL CONSUMER SERVICES		57,881,440
DIVERSIFIED FINANCIALS - 3.9%
	209,214		Apollo Investment Corp		1,700,910
	117,224		BGC Partners, Inc (Class A)		736,167
	67,548		BlackRock Kelso Capital Corp		682,910
	18,257		Calamos Asset Management, Inc (Class A)		194,437
	1,173		California First National Bancorp		20,281
	3,183		Capital Southwest Corp		461,471
	26,637		Cash America International, Inc		1,118,754
	17,707	e	Cohen & Steers, Inc		608,590
	18,773	*	Consumer Portfolio Services, Inc		122,024
	94,773	*	Cowen Group, Inc		306,117
	6,632	*	Credit Acceptance Corp		746,034
	5,397	*	Deerfield Capital Corp		36,808

230

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	2,590		Diamond Hill Investment Group, Inc	$	268,143
	37,805	*	Dollar Financial Corp		585,599
	22,096	*,e	Encore Capital Group, Inc		858,651
	29,051		Evercore Partners, Inc (Class A)		1,377,598
	48,154	*	Ezcorp, Inc (Class A)		870,624
	8,104	*	FBR Capital Markets Corp		232,504
	13,544		Fidus Investment Corp		263,295
	110,333	*	Fifth Street Finance Corp		1,196,010
	45,643	e	Financial Engines, Inc		2,178,997
	27,307	*	First Cash Financial Services, Inc		1,458,194
	81,211	*,e	First Marblehead Corp		138,059
	8,712	*	Firsthand Technology Value Fund, Inc		186,611
	14,875		Friedman Billings Ramsey Group, Inc (Class A)		376,040
	34,125	e	FXCM, Inc		563,062
	11,147		Gain Capital Holdings, Inc		60,640
	5,544		GAMCO Investors, Inc (Class A)		312,737
	5,391		Garrison Capital, Inc		80,326
	62,391		GFI Group, Inc		249,564
	21,903		Gladstone Capital Corp		188,804
	25,605		Gladstone Investment Corp		183,844
	32,284	e	Golub Capital BDC, Inc		586,923
	24,224	*,e	Green Dot Corp		563,935
	26,573		Greenhill & Co, Inc		1,337,685
	18,958	*,e	GSV Capital Corp		175,361
	13,099	*	Hannon Armstrong Sustainable Infrastructure Capital, Inc		155,485
	56,921		Hercules Technology Growth Capital, Inc		793,479
	31,107		HFF, Inc (Class A)		653,247
	8,316	e	Horizon Technology Finance Corp		116,341
	15,442	*	Imperial Holdings, Inc		114,425
	13,635	*	International Assets Holding Corp		252,384
	35,009	*	Internet Capital Group, Inc		424,659
	35,009	*	Investment Technology Group, Inc		497,478
	28,417	e	iShares Russell 2000 Index Fund		2,945,991
	137,655	e	Janus Capital Group, Inc		1,289,827
	13,143		JMP Group, Inc		93,315
	24,972	e	KCAP Financial, Inc		261,457
	65,777	*	KCG Holdings, Inc		606,464
	96,224	*	Ladenburg Thalmann Financial Services, Inc		180,901
	32,689		Main Street Capital Corp		997,995
	12,846		Manning & Napier, Inc		230,586
	34,818		MarketAxess Holdings, Inc		1,800,091
	7,604		Marlin Business Services Corp		173,980
	66,789		MCG Capital Corp		366,672
	17,188		Medallion Financial Corp		259,367
	25,628		Medley Capital Corp		374,169
	22,953		MVC Capital, Inc		291,962
	21,184		Nelnet, Inc (Class A)		823,634
	34,749	e	New Mountain Finance Corp		503,860
	23,530	*	NewStar Financial, Inc		362,362
	19,836		NGP Capital Resources Co		130,521

231

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	10,306	e	Nicholas Financial, Inc	$	160,464
	10,150		Oppenheimer Holdings, Inc		194,474
	10,942	e	PennantPark Floating Rate Capital Ltd		153,845
	60,124		PennantPark Investment Corp		700,445
	52,741	*	PHH Corp		1,195,111
	20,911	*	Pico Holdings, Inc		457,742
	15,559	*	Piper Jaffray Cos		522,004
	15,745	*	Portfolio Recovery Associates, Inc		2,350,886
	226,908	e	Prospect Capital Corp		2,484,643
	10,178		Pzena Investment Management, Inc (Class A)		72,467
	5,380	*	Regional Management Corp		166,296
	10,841		Resource America, Inc (Class A)		89,980
	19,896	*	Safeguard Scientifics, Inc		297,445
	41,779		Solar Capital Ltd		920,391
	11,543		Solar Senior Capital Ltd		218,624
	12,372	e	Stellus Capital Investment Corp		187,436
	59,322	*	Stifel Financial Corp		2,233,473
	28,178	*	SWS Group, Inc		167,941
	23,188		TCP Capital Corp		368,457
	23,429		THL Credit, Inc		365,024
	47,960	e	TICC Capital Corp		481,518
	25,652	e	Triangle Capital Corp		744,934
	5,337	*	Virtus Investment Partners, Inc		995,350
	34,363		Walter Investment Management Corp		1,367,304
	6,529		Westwood Holdings Group, Inc		324,752
	7,748	e	WhiteHorse Finance, Inc		122,806
	93,726	*	WisdomTree Investments, Inc		1,213,752
	8,680	*,e	World Acceptance Corp		722,870
			TOTAL DIVERSIFIED FINANCIALS		55,008,795
ENERGY - 5.3%
	76,942	*,e	Abraxas Petroleum Corp		187,738
	2,072		Adams Resources & Energy, Inc		138,555
	22,653		Alon USA Energy, Inc		309,440
	205,439	*	Alpha Natural Resources, Inc		1,117,588
	25,696	*,e	Amyris Biotechnologies, Inc		70,664
	7,616	*,e	APCO Argentina, Inc		129,929
	31,959	*,e	Approach Resources, Inc		846,594
	205,798	e	Arch Coal, Inc		802,612
	27,576	*,e	Basic Energy Services, Inc		315,469
	49,042		Berry Petroleum Co (Class A)		1,988,653
	45,347	*,e	Bill Barrett Corp		1,016,680
	7,148		Bolt Technology Corp		129,593
	27,510	*	Bonanza Creek Energy, Inc		1,120,757
	114,197	*,e	BPZ Energy, Inc		275,215
	33,902		Bristow Group, Inc		2,305,675
	41,950	*,e	C&J Energy Services, Inc		811,732
	95,821	*,e	Cal Dive International, Inc		187,809
	35,400	*	Callon Petroleum Co		141,600
	18,596	e	CARBO Ceramics, Inc		1,633,845

232

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	37,903	*	Carrizo Oil & Gas, Inc	$	1,200,388
	5,483	*	Clayton Williams Energy, Inc		312,147
	62,323	*,e	Clean Energy Fuels Corp		804,590
	55,970	*	Cloud Peak Energy, Inc		897,199
	44,530		Comstock Resources, Inc		746,768
	12,393		Contango Oil & Gas Co		479,113
	14,804	*	Crimson Exploration, Inc		47,521
	43,680		Crosstex Energy, Inc		877,531
	61,937	*,m	CVR Energy, Inc (Contingent value right)		0
	7,304	*	Dawson Geophysical Co		263,528
	34,458		Delek US Holdings, Inc		1,042,355
	16,412	*	Diamondback Energy, Inc		626,610
	35,586	*	Emerald Oil, Inc		256,219
	46,647	*,e	Endeavour International Corp		198,716
	74,052		Energy XXI Bermuda Ltd		1,988,296
	27,433	*	EPL Oil & Gas, Inc		882,245
	36,891		Equal Energy Ltd		154,942
	18,874	*	Era Group, Inc		460,337
	16,032	*	Evolution Petroleum Corp		198,316
	127,147	e	EXCO Resources, Inc		1,102,364
	53,854	*	Exterran Holdings, Inc		1,709,865
	112,846	*,e	Forest Oil Corp		577,772
	37,024	*,e	Forum Energy Technologies, Inc		1,069,253
	55,199	*,e	Frontline Ltd		144,621
	49,920	*,e	FX Energy, Inc		182,707
	22,735		GasLog Ltd		316,016
	63,098	*	Gastar Exploration Ltd		208,223
	11,909	*	Geospace Technologies Corp		886,149
	23,781	*,e	Global Geophysical Services, Inc		104,399
	25,383	*,e	Goodrich Petroleum Corp		482,785
	23,522	*	Green Plains Renewable Energy, Inc		389,524
	13,976		Gulf Island Fabrication, Inc		345,626
	24,904		Gulfmark Offshore, Inc		1,226,522
	193,855	*,e	Halcon Resources Corp		1,062,325
	7,426		Hallador Petroleum Co		58,517
	97,984	*	Helix Energy Solutions Group, Inc		2,485,854
	148,142	*	Hercules Offshore, Inc		1,022,180
	33,770	*	Hornbeck Offshore Services, Inc		1,788,122
	124,672	*	ION Geophysical Corp		766,733
	759	*	Isramco, Inc		83,536
	141,002	*	Key Energy Services, Inc		893,953
	39,000	*,e	KiOR, Inc (Class A)		187,590
	22,897		Knightsbridge Tankers Ltd		175,391
	247,848	*	Kodiak Oil & Gas Corp		2,406,604
	33,319	*,e	L&L Energy, Inc		104,288
	159,310	*,e	Magnum Hunter Resources Corp		610,157
	46,243	*	Matador Resources Co		605,783
	24,122	*	Matrix Service Co		382,334
	29,490	*	Midstates Petroleum Co, Inc		176,940
	30,049	*,e	Miller Petroleum, Inc		149,945

233

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	12,850	*	Mitcham Industries, Inc	$	217,550
	11,024	*	Natural Gas Services Group, Inc		268,434
	78,820	*	Newpark Resources, Inc		901,701
	60,777	e	Nordic American Tanker Shipping		576,166
	59,727	*,e	Northern Oil And Gas, Inc		788,994
	136,517	*,e	Nuverra Environmental Solutions, Inc		402,725
	6,729		Panhandle Oil and Gas, Inc (Class A)		200,255
	112,457	*	Parker Drilling Co		682,614
	28,237	*	PDC Energy, Inc		1,557,271
	47,569	*	Penn Virginia Corp		239,748
	52,020	*	Petroquest Energy, Inc		234,090
	12,103	*	PHI, Inc		426,026
	56,345	*	Pioneer Energy Services Corp		382,019
	122,005	*,e	Quicksilver Resources, Inc		176,907
	20,602	*	Renewable Energy Group, Inc		320,979
	63,295	*	Resolute Energy Corp		529,779
	42,503	*	Rex Energy Corp		815,633
	5,297	*	Rex Stores Corp		192,758
	11,430	*	RigNet, Inc		312,039
	56,995	*	Rosetta Resources, Inc		2,599,542
	26,365	*,e	Sanchez Energy Corp		623,532
	149,802		Scorpio Tankers, Inc		1,490,530
	18,526		SEACOR Holdings, Inc		1,622,137
	39,538		SemGroup Corp		2,231,525
	52,103	e	Ship Finance International Ltd		838,337
	44,852	*,e	Solazyme, Inc		505,482
	46,649	*	Stone Energy Corp		1,136,370
	41,075	*	Swift Energy Co		523,295
	47,249	*	Synergy Resources Corp		366,180
	30,890		Targa Resources Investments, Inc		2,105,771
	58,218	e	Teekay Tankers Ltd (Class A)		164,175
	28,634	*	Tesco Corp		379,114
	72,001	*	Tetra Technologies, Inc		728,650
	13,392		TGC Industries, Inc		120,126
	44,170	*	Triangle Petroleum Corp		313,607
	81,754	*,e	Uranium Energy Corp		188,852
	108,411	*,e	Ur-Energy, Inc		126,841
	53,350	*	Vaalco Energy, Inc		330,770
	188,920	*,e	Vantage Drilling Co		347,613
	32,888		W&T Offshore, Inc		535,746
	70,588	*	Warren Resources, Inc		202,588
	50,701	e	Western Refining, Inc		1,527,621
	10,455	*	Westmoreland Coal Co		133,510
	38,298	*	Willbros Group, Inc		274,980
	33,040	*,e	ZaZa Energy Corp		40,970
			TOTAL ENERGY		75,356,599
FOOD & STAPLES RETAILING - 1.3%
	17,488		Andersons, Inc		1,037,388
	972		Arden Group, Inc (Class A)		126,350
	35,883		Casey’s General Stores, Inc		2,376,531

234

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	13,396	*	Chefs’ Warehouse Holdings, Inc	$	268,590
	14,881	*,e	Fairway Group Holdings Corp		373,067
	45,930		Harris Teeter Supermarkets, Inc		2,258,838
	11,833		Ingles Markets, Inc (Class A)		336,767
	10,934	e	Nash Finch Co		256,402
	7,881	*,e	Natural Grocers by Vitamin C		282,455
	22,922	*	Pantry, Inc		285,379
	17,629		Pricesmart, Inc		1,604,768
	682,228	*	Rite Aid Corp		2,046,684
	24,763	e	Roundy’s, Inc		225,839
	20,720		Spartan Stores, Inc		407,562
	188,304	*,e	Supervalu, Inc		1,508,315
	17,071	*	Susser Holdings Corp		882,912
	45,939	*	United Natural Foods, Inc		2,692,025
	6,367		Village Super Market (Class A)		234,624
	10,349		Weis Markets, Inc		519,727
			TOTAL FOOD & STAPLES RETAILING		17,724,223
FOOD, BEVERAGE & TOBACCO - 2.0%
	2,561		Alico, Inc		117,345
	84,684	*	Alliance One International, Inc		322,646
	12,757	*,e	Annie’s, Inc		526,992
	48,993		B&G Foods, Inc (Class A)		1,706,916
	7,648	*,e	Boston Beer Co, Inc (Class A)		1,368,839
	55,610	*,e	Boulder Brands, Inc		717,925
	11,852	e	Calavo Growers, Inc		321,900
	14,231		Cal-Maine Foods, Inc		721,227
	43,821	*	Chiquita Brands International, Inc		529,358
	4,565		Coca-Cola Bottling Co Consolidated		291,521
	8,067	*	Craft Brewers Alliance, Inc		72,603
	110,407	*	Darling International, Inc		2,241,262
	21,016	*,e	Diamond Foods, Inc		428,516
	47,734	*	Dole Food Co, Inc		615,769
	7,025	*	Farmer Bros Co		111,908
	35,529		Fresh Del Monte Produce, Inc		998,010
	1,935		Griffin Land & Nurseries, Inc (Class A)		61,572
	35,795	*	Hain Celestial Group, Inc		2,611,603
	14,682	*	Inventure Foods, Inc		130,229
	13,995		J&J Snack Foods Corp		1,115,122
	8,442		John B. Sanfilippo & Son, Inc		182,178
	17,452		Lancaster Colony Corp		1,449,040
	44,048		Lance, Inc		1,394,119
	3,985	e	Lifeway Foods, Inc		70,455
	9,392		Limoneira Co		210,756
	10,127		National Beverage Corp		180,058
	20,368	*	Omega Protein Corp		170,480
	56,597	*	Pilgrim’s Pride Corp		940,642
	30,359	*	Post Holdings, Inc		1,408,354
	21,400		Sanderson Farms, Inc		1,511,696
	272		Seaboard Corp		767,040
	8,018	*	Seneca Foods Corp		281,833

235

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	12,686	*,e	Synutra International, Inc	$	62,542
	18,196	e	Tootsie Roll Industries, Inc		616,117
	33,945	*	TreeHouse Foods, Inc		2,409,755
	21,766	e	Universal Corp		1,334,256
	56,095	e	Vector Group Ltd		933,982
			TOTAL FOOD, BEVERAGE & TOBACCO		28,934,566
HEALTH CARE EQUIPMENT & SERVICES - 6.7%
	20,715		Abaxis, Inc		872,101
	35,619	*,e	Abiomed, Inc		893,325
	33,033	*	Acadia Healthcare Co, Inc		1,217,927
	53,796	*,e	Accretive Health, Inc		536,884
	70,039	*,e	Accuray, Inc		434,942
	6,063	*	Addus HomeCare Corp		119,077
	36,207	e	Air Methods Corp		1,216,193
	68,596	*	Align Technology, Inc		2,952,372
	4,428	*	Alliance HealthCare Services, Inc		86,346
	8,668		Almost Family, Inc		165,819
	54,999	*	Alphatec Holdings, Inc		126,498
	28,236	*	Amedisys, Inc		353,232
	42,168	*	AMN Healthcare Services, Inc		623,243
	29,977	*	Amsurg Corp		1,172,400
	11,384		Analogic Corp		812,704
	21,873	*	Angiodynamics, Inc		261,382
	12,205	*	Anika Therapeutics, Inc		245,443
	103,281	*,e	Antares Pharma, Inc		456,502
	25,927	*	Arthrocare Corp		940,113
	34,465	*,e	athenahealth, Inc		3,858,357
	20,705	*	AtriCure, Inc		200,010
	1,444		Atrion Corp		348,221
	34,331	*,e	Biolase Technology, Inc		125,308
	22,880	*,e	Bio-Reference Labs, Inc		612,040
	54,983	*	BioScrip, Inc		893,474
	30,154		Cantel Medical Corp		800,287
	26,703	*	Capital Senior Living Corp		615,237
	19,642	*	Cardiovascular Systems, Inc		404,429
	50,774	*	Centene Corp		2,816,434
	66,860	*,e	Cerus Corp		374,416
	17,552	e	Chemed Corp		1,238,996
	10,615	*	Chindex International, Inc		181,729
	10,572		Computer Programs & Systems, Inc		589,283
	25,497		Conmed Corp		836,302
	10,698	*	Corvel Corp		362,555
	23,341	*	Cross Country Healthcare, Inc		131,643
	25,802		CryoLife, Inc		182,678
	13,035	*	Cutera, Inc		124,484
	25,744	*	Cyberonics, Inc		1,338,431
	17,481	*	Cynosure, Inc (Class A)		497,859
	12,103	*,e	Derma Sciences, Inc		171,984
	66,200	*	DexCom, Inc		1,441,836
	36,966	*	Emeritus Corp		857,242

236

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	57,755	*	Endologix, Inc	$	902,711
	18,038		Ensign Group, Inc		689,773
	9,242	*	Exactech, Inc		199,535
	28,290	*	ExamWorks Group, Inc		686,881
	40,109	*	Five Star Quality Care, Inc		237,445
	28,491	*	GenMark Diagnostics, Inc		270,664
	29,380	*	Gentiva Health Services, Inc		315,541
	51,564	*	Globus Medical, Inc		864,213
	22,441	*	Greatbatch, Inc		848,270
	12,843	*	Greenway Medical Technologies		148,594
	47,759	*	Haemonetics Corp		2,016,385
	31,835	*	Hanger Orthopedic Group, Inc		1,175,348
	81,239	*	Healthsouth Corp		2,645,142
	18,351	*	HealthStream, Inc		578,056
	32,404	*	Healthways, Inc		556,053
	15,197	*,e	HeartWare International, Inc		1,404,507
	82,094	*	HMS Holdings Corp		1,985,854
	12,181	*	ICU Medical, Inc		873,256
	49,659	*	Insulet Corp		1,583,625
	18,426	*	Integra LifeSciences Holdings Corp		725,800
	30,122		Invacare Corp		470,204
	15,420	*	IPC The Hospitalist Co, Inc		776,705
	49,868	*	Kindred Healthcare, Inc		765,972
	8,992		Landauer, Inc		443,036
	11,824	*	LHC Group, Inc		271,243
	25,445	*	Magellan Health Services, Inc		1,454,182
	39,550	*,e	MAKO Surgical Corp		555,282
	45,800		Masimo Corp		1,066,682
	56,427	*	MedAssets, Inc		1,228,416
	12,892	*	Medical Action Industries, Inc		118,477
	24,701	*	Medidata Solutions, Inc		2,285,584
	62,310	*	Merge Healthcare, Inc		282,264
	38,321	e	Meridian Bioscience, Inc		947,678
	38,889	*	Merit Medical Systems, Inc		511,001
	26,558	*	Molina Healthcare, Inc		985,833
	11,845	*	MWI Veterinary Supply, Inc		1,684,004
	10,341		National Healthcare Corp		496,678
	8,733	*	National Research Corp		157,019
	27,364	*	Natus Medical, Inc		349,986
	22,433	*	Neogen Corp		1,267,016
	113,392	*,e	Neoprobe Corp		344,712
	41,485	*	NuVasive, Inc		946,688
	55,069	*	NxStage Medical, Inc		713,694
	31,873	*	Omnicell, Inc		672,520
	54,039	*	OraSure Technologies, Inc		239,393
	18,165	*	Orthofix International NV		412,527
	58,967	e	Owens & Minor, Inc		2,120,453
	26,973	*	PharMerica Corp		394,885
	13,112	*,e	PhotoMedex, Inc		208,743

237

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	9,606	*	Providence Service Corp	$	264,837
	37,250		Quality Systems, Inc		851,907
	26,145	*,e	Quidel Corp		699,902
	10,600	*	Rochester Medical Corp		156,668
	35,440	*,e	Rockwell Medical Technologies, Inc		178,972
	56,844	*	RTI Biologics, Inc		222,828
	44,654		Select Medical Holdings Corp		400,546
	19,602	*	Skilled Healthcare Group, Inc (Class A)		127,805
	73,996	*	Solta Medical, Inc		200,529
	37,796	*	Spectranetics Corp		681,084
	35,116	*	Staar Surgical Co		369,069
	55,261		STERIS Corp		2,487,850
	14,154	*	SurModics, Inc		286,477
	33,152	*	Symmetry Medical, Inc		288,754
	64,050	*	Team Health Holdings, Inc		2,576,091
	24,579	*,e	TearLab Corp		347,793
	53,402	*	Thoratec Corp		1,751,052
	24,563	*	Tornier BV		402,833
	21,583	*	Triple-S Management Corp (Class B)		469,646
	81,540	*,e	Unilife Corp		229,943
	35,322		Universal American Corp		382,890
	11,369		US Physical Therapy, Inc		325,381
	965	*,e	USMD Holdings, Inc		29,722
	2,960		Utah Medical Products, Inc		165,227
	31,471	*	Vanguard Health Systems, Inc		658,059
	16,459	*	Vascular Solutions, Inc		265,977
	18,797	*	Vocera Communications, Inc		272,181
	51,275	*	Volcano Corp		1,023,962
	40,770	*	WellCare Health Plans, Inc		2,488,193
	32,362		West Pharmaceutical Services, Inc		2,387,021
	37,092	*	Wright Medical Group, Inc		1,017,063
	18,789	*,e	Zeltiq Aesthetics, Inc		113,486
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		95,492,016
HOUSEHOLD & PERSONAL PRODUCTS - 0.6%
	39,843	*	Central Garden and Pet Co (Class A)		300,416
	23,884	*	Elizabeth Arden, Inc		980,677
	21,998		Female Health Co		201,942
	32,626	*	Harbinger Group, Inc		259,703
	15,405		Inter Parfums, Inc		508,057
	109,826	*,e	Lifevantage Corp		286,646
	12,965	*	Medifast, Inc		354,463
	9,715		Nature’s Sunshine Products, Inc		176,813
	7,802		Nutraceutical International Corp		173,360
	4,025		Oil-Dri Corp of America		128,236
	6,276		Orchids Paper Products Co		170,205
	47,861	*	Prestige Brands Holdings, Inc		1,622,967
	10,386	*	Revlon, Inc (Class A)		260,585
	20,050		Spectrum Brands, Inc		1,131,221

238

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	158,804	*,e	Star Scientific, Inc	$	292,199
	5,606	*,e	USANA Health Sciences, Inc		463,168
	14,666		WD-40 Co		843,442
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		8,154,100
INSURANCE - 2.4%
	42,197	*	AMBAC Financial Group, Inc		1,056,613
	58,711		American Equity Investment Life Holding Co		1,068,540
	8,562	*	American Safety Insurance Holdings Ltd		256,518
	17,350		Amerisafe, Inc		619,916
	26,334	e	Amtrust Financial Services, Inc		1,096,284
	25,664		Argo Group International Holdings Ltd		1,145,898
	8,250		Baldwin & Lyons, Inc (Class B)		220,358
	40,375	*	Citizens, Inc (Class A)		288,277
	207,228		Conseco, Inc		2,959,216
	24,168		Crawford & Co (Class B)		189,960
	5,823		Donegal Group, Inc (Class A)		80,066
	5,746		Eastern Insurance Holdings, Inc		112,219
	18,483	*	eHealth, Inc		568,167
	4,106		EMC Insurance Group, Inc		119,074
	28,826		Employers Holdings, Inc		757,836
	8,859	*	Enstar Group Ltd		1,272,861
	8,605		FBL Financial Group, Inc (Class A)		380,599
	101,221		First American Financial Corp		2,300,753
	4,066	*	Fortegra Financial Corp		27,445
	26,399	*	Greenlight Capital Re Ltd (Class A)		697,990
	10,609	*	Hallmark Financial Services		103,650
	8,982		HCI Group, Inc		327,843
	4,904	*	Health Insurance Innovations, Inc		59,486
	58,257	*	Hilltop Holdings, Inc		992,117
	37,278		Horace Mann Educators Corp		1,056,459
	6,439		Independence Holding Co		90,339
	10,955		Infinity Property & Casualty Corp		712,185
	1,171		Investors Title Co		87,321
	3,507		Kansas City Life Insurance Co		154,343
	46,528		Maiden Holdings Ltd		565,780
	45,308		Meadowbrook Insurance Group, Inc		343,888
	43,225		Montpelier Re Holdings Ltd		1,167,507
	6,434		National Interstate Corp		175,327
	2,120		National Western Life Insurance Co (Class A)		453,574
	9,736	*	Navigators Group, Inc		564,299
	21,913		OneBeacon Insurance Group Ltd (Class A)		317,738
	5,766	*	Phoenix Cos, Inc		246,035
	27,261		Platinum Underwriters Holdings Ltd		1,583,591
	53,376		Primerica, Inc		2,190,551
	19,910		RLI Corp		1,643,371
	11,970		Safety Insurance Group, Inc		643,627
	52,260		Selective Insurance Group, Inc		1,277,757
	13,354		State Auto Financial Corp		271,086

239

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	19,952		Stewart Information Services Corp	$	617,115
	75,861		Symetra Financial Corp		1,363,981
	53,493		Tower Group International Ltd		1,169,892
	7,894	*	United America Indemnity Ltd		205,086
	18,790		United Fire & Casualty Co		488,728
	27,710		Universal Insurance Holdings, Inc		217,801
			TOTAL INSURANCE		34,309,067
MATERIALS - 4.9%
	27,372		A. Schulman, Inc		733,570
	9,517	*	Advanced Emissions Solutions, Inc		399,238
	3,905	*	AEP Industries, Inc		315,134
	130,036	*,e	AK Steel Holding Corp		442,122
	97,192	*,e	Allied Nevada Gold Corp		648,271
	25,546		AMCOL International Corp		896,154
	5,941	*	American Pacific Corp		216,074
	26,191		American Vanguard Corp		646,656
	18,829	*	Arabian American Development Co		168,331
	65,297		Axiall Corp		2,878,292
	27,471		Balchem Corp		1,366,957
	50,754	*	Berry Plastics Group, Inc		1,170,387
	12,970	*,e	Boise Cascade Co		343,186
	92,914		Boise, Inc		845,517
	18,737		Brush Engineered Materials, Inc		564,733
	36,674		Buckeye Technologies, Inc		1,365,006
	50,741	*	Calgon Carbon Corp		909,786
	15,621	*,e	Castle (A.M.) & Co		265,869
	48,259	*	Century Aluminum Co		404,893
	6,766		Chase Corp		187,757
	90,989	*	Chemtura		2,034,514
	20,296	*	Clearwater Paper Corp		992,880
	93,097	*	Coeur d’Alene Mines Corp		1,248,431
	109,988		Commercial Metals Co		1,703,714
	10,325		Deltic Timber Corp		622,907
	68,489	*	Ferro Corp		447,233
	44,173	*	Flotek Industries, Inc		864,907
	20,005		FutureFuel Corp		315,879
	58,230	*,e	General Moly, Inc		109,472
	40,393		Glatfelter		1,069,203
	59,690		Globe Specialty Metals, Inc		712,102
	29,551	e	Gold Resource Corp		234,635
	195,579	*	Graphic Packaging Holding Co		1,681,979
	7,668	*	GSE Holding, Inc		40,104
	46,775		H.B. Fuller Co		1,878,016
	8,962		Hawkins, Inc		347,278
	11,680		Haynes International, Inc		561,808
	66,644	*	Headwaters, Inc		628,453
	309,324	e	Hecla Mining Co		999,117
	41,637	*	Horsehead Holding Corp		510,053

240

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	20,637		Innophos Holdings, Inc	$	1,028,548
	21,719		Innospec, Inc		932,179
	50,789	e	Intrepid Potash, Inc		649,083
	17,479		Kaiser Aluminum Corp		1,140,505
	37,789		Kapstone Paper and Packaging Corp		1,664,605
	7,729		KMG Chemicals, Inc		174,521
	19,450		Koppers Holdings, Inc		751,743
	30,365	*	Kraton Polymers LLC		616,410
	24,811	*	Landec Corp		374,398
	129,121	*	Louisiana-Pacific Corp		2,099,507
	18,085	*	LSB Industries, Inc		594,635
	122,992	*,e	Midway Gold Corp		127,912
	32,655		Minerals Technologies, Inc		1,502,130
	118,137	*,e	Molycorp, Inc		881,302
	26,660		Myers Industries, Inc		519,070
	14,940		Neenah Paper, Inc		591,176
	36,950		Noranda Aluminium Holding Corp		114,915
	74,942		Olin Corp		1,828,585
	8,184		Olympic Steel, Inc		227,924
	30,077	*	OM Group, Inc		928,477
	43,118	*	Omnova Solutions, Inc		347,531
	144,210	*,e	Paramount Gold and Silver Corp		204,778
	8,043	*	Penford Corp		119,358
	92,621		PolyOne Corp		2,677,673
	12,100		Quaker Chemical Corp		798,237
	207,259		Rentech, Inc		443,534
	65,607	*	Resolute Forest Products		1,001,163
	28,696	*	RTI International Metals, Inc		879,532
	24,132		Schnitzer Steel Industries, Inc (Class A)		619,227
	29,453		Schweitzer-Mauduit International, Inc		1,594,585
	46,830		Sensient Technologies Corp		2,060,988
	17,596		Stepan Co		1,053,297
	109,966	*,e	Stillwater Mining Co		1,330,589
	64,676	*	SunCoke Energy, Inc		1,021,881
	15,318	*	Taminco Corp		349,250
	20,509	*,e	Texas Industries, Inc		1,274,429
	22,929		Tredegar Corp		688,099
	4,369	*	UFP Technologies, Inc		92,929
	1,945	*	United States Lime & Minerals, Inc		116,000
	6,814	*	Universal Stainless & Alloy		175,801
	13,438	*	US Concrete, Inc		230,596
	20,079	e	US Silica Holdings Inc		485,912
	63,156	e	Walter Energy, Inc		706,716
	46,107		Wausau Paper Corp		525,159
	4,048	*	WHX Corp		79,179
	49,158		Worthington Industries, Inc		1,758,382
	21,184		Zep, Inc		277,087
	26,085	*,e	Zoltek Cos, Inc		363,364
			TOTAL MATERIALS		69,793,519

241

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
MEDIA - 1.4%
	18,879	*	AH Belo Corp (Class A)	$	141,592
	24,774		Arbitron, Inc		1,138,613
	3,151		Beasley Broadcasting Group, Inc		25,303
	97,763		Belo (A.H.) Corp (Class A)		1,394,100
	16,180	*	Carmike Cinemas, Inc		296,418
	75,561	*	Central European Media Enterprises Ltd (Class A) Nasdaq		253,885
	29,166	*,e	Crown Media Holdings, Inc (Class A)		86,623
	67,112	*,e	Cumulus Media, Inc (Class A)		287,239
	639	*	Daily Journal Corp		85,370
	16,779	*	Dex Media, Inc		250,007
	24,880	*,e	Digital Generation, Inc		192,820
	21,247	*	Entercom Communications Corp (Class A)		208,433
	51,547		Entravision Communications Corp (Class A)		293,302
	29,329	*	EW Scripps Co (Class A)		487,155
	8,158		Fisher Communications, Inc		334,233
	14,794	*	Global Sources Ltd		107,109
	47,500	*	Gray Television, Inc		370,975
	41,135		Harte-Hanks, Inc		393,251
	7,691	*,e	Hemisphere Media Group, Inc		105,828
	41,421	*	Journal Communications, Inc (Class A)		379,416
	130,662	*	Live Nation, Inc		2,140,244
	12,293		Loral Space & Communications, Inc		768,190
	26,207	e	Martha Stewart Living Omnimedia, Inc (Class A)		65,780
	60,283	*,e	McClatchy Co (Class A)		187,480
	22,746		MDC Partners, Inc		559,779
	19,516	*,e	Media General, Inc (Class A)		214,481
	33,365	e	Meredith Corp		1,585,505
	53,377		National CineMedia, Inc		966,657
	120,657	*	New York Times Co (Class A)		1,469,602
	27,604		Nexstar Broadcasting Group, Inc (Class A)		994,848
	10,442	*,e	ReachLocal, Inc		134,806
	12,838	*	Reading International, Inc		79,724
	8,874	*	Rentrak Corp		190,614
	4,816		Saga Communications, Inc		249,710
	10,444		Salem Communications		79,061
	24,380		Scholastic Corp		743,590
	64,026		Sinclair Broadcast Group, Inc (Class A)		1,806,173
	36,450	e	Valassis Communications, Inc		1,043,564
	25,878	e	World Wrestling Entertainment, Inc (Class A)		275,342
			TOTAL MEDIA		20,386,822
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 5.8%
	66,792	*,e	Acadia Pharmaceuticals, Inc		1,315,802
	9,232	*,e	Accelerate Diagnostics, Inc		77,364
	18,445	*,e	AcelRx Pharmaceuticals, Inc		214,884
	89,502	*	Achillion Pharmaceuticals, Inc		639,044
	37,559	*	Acorda Therapeutics, Inc		1,426,115
	26,916	*,e	Aegerion Pharmaceuticals, Inc		2,465,236

242

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	64,256	*	Affymetrix, Inc	$	244,173
	54,339	*	Akorn, Inc		771,070
	22,416	*	Albany Molecular Research, Inc		284,907
	14,941	*	Alimera Sciences, Inc		69,027
	54,451	*	Alnylam Pharmaceuticals, Inc		2,514,003
	19,912	*	AMAG Pharmaceuticals, Inc		448,020
	34,905	*,e	Amicus Therapeutics, Inc		85,168
	24,559	*,e	Ampio Pharmaceuticals, Inc		136,548
	22,487	*,e	Anacor Pharmaceuticals, Inc		172,026
	204,081	*,e	Arena Pharmaceuticals, Inc		1,418,363
	57,252	*	Arqule, Inc		152,863
	108,907	*	Array Biopharma, Inc		725,321
	89,451	*	Astex Pharmaceuticals		467,829
	45,605	*	Auxilium Pharmaceuticals, Inc		837,308
	136,160	*,e	AVANIR Pharmaceuticals, Inc		641,314
	56,178	*,e	AVEO Pharmaceuticals, Inc		134,827
	26,733	*,e	BioDelivery Sciences International, Inc		115,487
	38,253	*,e	Biotime, Inc		150,334
	56,867	*	Cadence Pharmaceuticals, Inc		424,796
	27,679	*	Cambrex Corp		405,497
	121,497	*,e	Cell Therapeutics, Inc		137,292
	75,279	*,e	Celldex Therapeutics, Inc		1,541,714
	13,220	*	Cempra, Inc		115,807
	62,808	*	Cepheid, Inc		2,190,115
	68,750	*	Chelsea Therapeutics International, Inc		203,500
	21,729	*	ChemoCentryx, Inc		303,771
	7,465	*	Chimerix, Inc		169,754
	8,325	*,m	Clinical Data, Inc		7,909
	13,066	*	Clovis Oncology, Inc		1,017,580
	49,391	*,e	Corcept Therapeutics, Inc		104,215
	8,376	*	Cornerstone Therapeutics, Inc		74,714
	19,916	*,e	Coronado Biosciences, Inc		155,942
	77,249	*,e	Curis, Inc		320,583
	23,793	*	Cytokinetics, Inc		295,985
	64,558	*,e	Cytori Therapeutics, Inc		182,054
	145,948	*,e	Dendreon Corp		669,901
	54,406	*	Depomed, Inc		354,727
	11,613	*	Durata Therapeutics, Inc		100,569
	103,223	*	Dyax Corp		415,989
	140,328	*,e	Dynavax Technologies Corp		186,636
	25,674	*	Emergent Biosolutions, Inc		454,173
	3,128	*	Enanta Pharmaceuticals, Inc		57,368
	28,187	*	Endocyte, Inc		506,520
	36,707		Enzon Pharmaceuticals, Inc		73,414
	5,851	*,e	Epizyme, Inc		211,221
	59,966	*,e	Exact Sciences Corp		822,734
	169,142	*,e	Exelixis, Inc		857,550
	14,957	*	Fibrocell Science, Inc		74,486

243

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	23,078	*	Fluidigm Corp	$	409,865
	6,455	*	Furiex Pharmaceuticals Inc		283,955
	85,761	*,e	Galena Biopharma, Inc		167,234
	15,330	*,e	Genomic Health, Inc		546,361
	132,245	*,e	Geron Corp		173,241
	15,236	*,e	Golf Trust Of America, Inc		51,802
	23,188	*,e	GTx, Inc		111,071
	82,319	*,e	Halozyme Therapeutics, Inc		700,535
	24,336	*	Harvard Bioscience, Inc		130,198
	10,613		Hi-Tech Pharmacal Co, Inc		381,431
	54,364	*,e	Horizon Pharma, Inc		136,997
	7,464	*,e	Hyperion Therapeutics, Inc		186,973
	96,039	*,e	Idenix Pharmaceuticals, Inc		377,433
	78,365	*,e	Immunogen, Inc		1,492,853
	67,278	*,e	Immunomedics, Inc		382,812
	64,213	*	Impax Laboratories, Inc		1,331,778
	44,061	*	Infinity Pharmaceuticals, Inc		933,212
	27,569	*,e	Insmed, Inc		306,292
	4,440	*,e	Insys Therapeutics, Inc		75,835
	5,575	*	Intercept Pharmaceuticals, Inc		260,966
	76,107	*,e	InterMune, Inc		1,180,420
	87,310	*,e	Ironwood Pharmaceuticals, Inc		1,068,674
	104,664	*,e	Isis Pharmaceuticals, Inc		3,019,556
	7,349	*,e	KaloBios Pharmaceuticals, Inc		44,241
	77,169	*,e	Keryx Biopharmaceuticals, Inc		702,238
	9,055	*,e	KYTHERA Biopharmaceuticals, Inc		249,556
	16,483	*	Lannett Co, Inc		228,949
	212,558	*	Lexicon Pharmaceuticals, Inc		527,144
	16,583	*	Ligand Pharmaceuticals, Inc (Class B)		785,703
	34,419	*	Luminex Corp		685,282
	141,935	*,e	MannKind Corp		1,095,738
	52,013	*	Medicines Co		1,607,202
	8,448	*,e	MEI Pharma, Inc		64,120
	84,257	*,e	Merrimack Pharmaceuticals, Inc		402,748
	78,794	*,e	MiMedx Group, Inc		493,250
	43,362	*	Momenta Pharmaceuticals, Inc		748,428
	37,243	*,e	Nanosphere, Inc		117,688
	107,050	*	Nektar Therapeutics		1,200,031
	29,410	*,e	NeoGenomics, Inc		83,524
	61,321	*	Neurocrine Biosciences, Inc		857,881
	14,985	*,e	NewLink Genetics Corp		269,131
	129,842	*,e	Novavax, Inc		349,275
	93,542	*	NPS Pharmaceuticals, Inc		1,684,691
	26,069	*,e	Omeros Corp		139,991
	5,149	*,m	Omthera Pharmaceuticals, Inc		3,089

244

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	13,770	*	OncoGenex Pharmaceutical, Inc	$	134,533
	130,357	*,e	Opko Health, Inc		971,160
	45,596	*,e	Optimer Pharmaceuticals, Inc		570,406
	87,852	*,e	Orexigen Therapeutics, Inc		667,675
	14,719	*,e	Osiris Therapeutics, Inc		168,533
	7,999	*	OvaScience, Inc		101,507
	40,442	*	Pacific Biosciences of California, Inc		104,745
	25,243	*,e	Pacira Pharmaceuticals, Inc		856,495
	53,294	*	Parexel International Corp		2,635,388
	131,465	e	PDL BioPharma, Inc		1,067,496
	137,652	*,e	Peregrine Pharmaceuticals, Inc		195,466
	9,540	*	Portola Pharmaceuticals, Inc		219,229
	24,021	*	Pozen, Inc		138,121
	49,396	*	Progenics Pharmaceuticals, Inc		295,882
	10,514	*	Prothena Corp plc		182,628
	20,571	*	Puma Biotechnology, Inc		1,051,384
	48,262	e	Questcor Pharmaceuticals, Inc		3,224,867
	52,293	*,e	Raptor Pharmaceutical Corp		521,361
	5,111	*	Receptos, Inc		101,658
	7,931	*,e	Regulus Therapeutics, Inc		80,420
	30,792	*	Repligen Corp		313,155
	17,864	*,e	Repros Therapeutics, Inc		368,534
	81,720	*	Rigel Pharmaceuticals, Inc		311,353
	16,005	*	Sagent Pharmaceuticals		347,789
	49,291	*,e	Sangamo Biosciences, Inc		480,587
	51,906	*	Santarus, Inc		1,262,354
	29,548	*,e	Sarepta Therapeutics, Inc		1,093,867
	52,661	*	Sciclone Pharmaceuticals, Inc		329,658
	107,950	*,e	Sequenom, Inc		323,850
	38,535	*,e	SIGA Technologies, Inc		122,927
	54,890	e	Spectrum Pharmaceuticals, Inc		463,272
	8,103	*,e	Stemline Therapeutics, Inc		228,018
	15,578	*	Sucampo Pharmaceuticals, Inc (Class A)		95,493
	31,867	*,e	Sunesis Pharmaceuticals, Inc		161,884
	12,938	*,e	Supernus Pharmaceuticals, Inc		88,625
	15,741	*	Synageva BioPharma Corp		757,142
	76,991	*,e	Synergy Pharmaceuticals, Inc		346,460
	36,895	*,e	Synta Pharmaceuticals Corp		247,565
	24,780	*	Targacept, Inc		123,900
	12,496	*,e	TESARO, Inc		426,364
	10,220	*	Tetraphase Pharmaceuticals, Inc		80,738
	11,300	*	TG Therapeutics, Inc		69,043
	69,446	*,e	TherapeuticsMD, Inc		160,420
	43,767	*,e	Threshold Pharmaceuticals, Inc		237,217
	35,111	*,e	Trius Therapeutics, Inc		495,065
	28,219	*	Vanda Pharmaceuticals, Inc		329,034
	12,878	*,e	Verastem, Inc		196,776
	68,200	*,e	Vical, Inc		263,252
	60,756	*	Viropharma, Inc		2,085,146
	94,737	*,e	Vivus, Inc		1,403,055
	42,229	*	Xenoport, Inc		227,614

245

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	60,655	*,e	XOMA Corp	$	329,357
	70,169	*,e	ZIOPHARM Oncology, Inc		209,104
	68,758	*,e	Zogenix, Inc		106,575
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		81,367,090
REAL ESTATE - 7.8%
	51,343		Acadia Realty Trust		1,323,623
	26,493		AG Mortgage Investment Trust		480,583
	12,740		Agree Realty Corp		384,238
	40,387	*	Alexander & Baldwin, Inc		1,788,740
	1,971		Alexander’s, Inc		595,242
	23,703	*	Altisource Residential Corp		454,387
	30,902		American Assets Trust,Inc		1,001,225
	55,485		American Capital Mortgage, Inc		1,086,396
	142,480		American Realty Capital Properties, Inc		2,058,836
	12,234	*	American Residential Properties, Inc		214,584
	15,479		AmREIT, Inc (Class B)		283,111
	134,079		Anworth Mortgage Asset Corp		651,624
	34,432		Apollo Commercial Real Estate Finance, Inc		551,945
	19,926		Ares Commercial Real Estate Corp		261,828
	16,984		Armada Hoffler Properties, Inc		184,616
	350,526	*	ARMOUR Residential REIT, Inc		1,563,346
	57,212		Ashford Hospitality Trust, Inc		667,664
	53,573		Associated Estates Realty Corp		818,595
	8,071	*	AV Homes, Inc		130,347
	10,068		Aviv REIT, Inc		250,693
	59,630		Campus Crest Communities, Inc		676,801
	82,109		Capital Lease Funding, Inc		696,284
	89,603		Capstead Mortgage Corp		1,059,108
	68,425		Cedar Shopping Centers, Inc		379,075
	233,380	*	Chambers Street Properties		1,888,044
	15,747		Chatham Lodging Trust		274,943
	44,845		Chesapeake Lodging Trust		1,027,399
	83,416		Colonial Properties Trust		2,019,501
	61,256		Colony Financial, Inc		1,242,272
	4,982		Consolidated-Tomoka Land Co		193,551
	19,408		Coresite Realty		659,096
	100,551		Cousins Properties, Inc		1,030,648
	124,177		CubeSmart		2,011,667
	17,081		CyrusOne, Inc		347,598
	161,112		CYS Investments, Inc		1,337,230
	275,353		DCT Industrial Trust, Inc		2,067,901
	182,485		DiamondRock Hospitality Co		1,770,105
	58,523		DuPont Fabros Technology, Inc		1,340,762
	51,813		Dynex Capital, Inc		497,923
	28,281		EastGroup Properties, Inc		1,749,463
	107,277		Education Realty Trust, Inc		1,011,622
	5,763		Ellington Residential Mortgage REIT		89,442
	44,201		Entertainment Properties Trust		2,226,846

246

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	56,149		Equity One, Inc	$	1,299,288
	43,593		Excel Trust, Inc		565,837
	114,633	*	FelCor Lodging Trust, Inc		692,383
	99,798		First Industrial Realty Trust, Inc		1,632,695
	53,740		First Potomac Realty Trust		729,252
	32,048	*	Forestar Real Estate Group, Inc		692,557
	83,993		Franklin Street Properties Corp		1,117,947
	24,655		Getty Realty Corp		507,646
	11,707		Gladstone Commercial Corp		217,867
	133,189		Glimcher Realty Trust		1,497,044
	50,454		Government Properties Income Trust		1,274,973
	52,860	*	Gramercy Property Trust, Inc		251,085
	89,260		Healthcare Realty Trust, Inc		2,294,875
	190,060		Hersha Hospitality Trust		1,115,652
	77,026		Highwoods Properties, Inc		2,794,503
	39,987		Hudson Pacific Properties		867,718
	78,386		Inland Real Estate Corp		806,592
	125,814		Invesco Mortgage Capital, Inc		2,067,124
	94,455		Investors Real Estate Trust		816,091
	80,382	*	iStar Financial, Inc		913,140
	13,647	*	JAVELIN Mortgage Investment Corp		182,733
	49,223	e	Kennedy-Wilson Holdings, Inc		841,713
	85,107		Kite Realty Group Trust		491,067
	89,815		LaSalle Hotel Properties		2,419,616
	155,997		Lexington Corporate Properties Trust		1,956,202
	32,330		LTC Properties, Inc		1,250,201
	50,854	*	Maguire Properties, Inc		159,173
	138,595		Medical Properties Trust, Inc		2,023,487
	39,220		Monmouth Real Estate Investment Corp (Class A)		383,572
	22,995		National Health Investors, Inc		1,439,257
	237,049		New Residential Investment Corp		1,571,635
	57,227		New York Mortgage Trust, Inc		368,542
	182,969		NorthStar Realty Finance Corp		1,793,096
	10,951		One Liberty Properties, Inc		254,392
	39,994		Parkway Properties, Inc		699,895
	57,113		Pebblebrook Hotel Trust		1,522,062
	63,518		Pennsylvania Real Estate Investment Trust		1,314,823
	54,991		Pennymac Mortgage Investment Trust		1,214,201
	38,080		Potlatch Corp		1,676,662
	17,111		PS Business Parks, Inc		1,253,723
	63,620		RAIT Investment Trust		480,967
	54,522		Ramco-Gershenson Properties		844,546
	75,968		Redwood Trust, Inc		1,286,898
	117,988		Resource Capital Corp		783,440
	62,842		Retail Opportunities Investment Corp		860,935
	115,420		RLJ Lodging Trust		2,795,473
	21,156		Rouse Properties, Inc		430,525
	41,287		Ryman Hospitality Properties		1,537,941
	35,212		Sabra Healthcare REIT, Inc		923,963

247

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	7,769		Saul Centers, Inc	$	352,557
	20,378		Select Income REIT		549,798
	13,610		Silver Bay Realty Trust Corp		218,985
	29,431		Sovran Self Storage, Inc		2,033,682
	38,511		STAG Industrial, Inc		798,333
	169,352	*	Strategic Hotels & Resorts, Inc		1,500,459
	61,314		Summit Hotel Properties, Inc		620,498
	33,193		Sun Communities, Inc		1,607,205
	151,388	*	Sunstone Hotel Investors, Inc		1,958,961
	12,937	*	Tejon Ranch Co		437,141
	23,263		Terreno Realty Corp		426,643
	27,220		Thomas Properties Group, Inc		154,065
	15,767		UMH Properties, Inc		172,333
	11,358		Universal Health Realty Income Trust		493,732
	23,366		Urstadt Biddle Properties, Inc (Class A)		493,490
	61,922		Washington Real Estate Investment Trust		1,664,463
	22,931		Western Asset Mortgage Capital Corp		385,012
	16,679		Whitestone REIT		269,866
	26,316		Winthrop Realty Trust		336,055
	5,014		ZAIS Financial Corp		86,040
			TOTAL REAL ESTATE		109,823,231
RETAILING - 4.4%
	25,866	*	1-800-FLOWERS.COM, Inc (Class A)		170,198
	74,951	*	Aeropostale, Inc		1,134,009
	7,759	*	America’s Car-Mart, Inc		335,810
	43,833	*	Ann Taylor Stores Corp		1,485,500
	28,917	*	Asbury Automotive Group, Inc		1,412,306
	18,495	*	Audiovox Corp (Class A)		250,607
	37,385	*,e	Barnes & Noble, Inc		667,322
	31,034		Bebe Stores, Inc		185,583
	15,389		Big 5 Sporting Goods Corp		311,935
	11,433	*	Blue Nile, Inc		443,943
	15,668	*	Body Central Corp		188,956
	12,520	e	Bon-Ton Stores, Inc		236,127
	40,703		Brown Shoe Co, Inc		967,510
	26,079	e	Buckle, Inc		1,459,902
	25,527		Cato Corp (Class A)		718,585
	21,283	*	Children’s Place Retail Stores, Inc		1,150,133
	34,434	*	Christopher & Banks Corp		235,529
	14,549	*	Citi Trends, Inc		204,995
	20,801	*,e	Conn’s, Inc		1,344,161
	10,626		Core-Mark Holding Co, Inc		665,719
	12,672		Destination Maternity Corp		380,920
	41,182	*	Destination XL Group, Inc		265,624
	79,875	*	Express Parent LLC		1,801,181
	45,314		Finish Line, Inc (Class A)		1,008,690
	30,567	*,e	Five Below, Inc		1,187,834
	41,282	*,e	Francesca’s Holdings Corp		1,026,271

248

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	34,271		Fred’s, Inc (Class A)	$	589,461
	22,538	*	Genesco, Inc		1,586,224
	8,196	*	Gordmans Stores, Inc		114,662
	20,215		Group 1 Automotive, Inc		1,471,450
	18,762		Haverty Furniture Cos, Inc		487,812
	11,448	*,e	HHgregg, Inc		179,619
	24,445	*,e	Hibbett Sports, Inc		1,433,699
	31,636		HSN, Inc		1,900,058
	26,239	*,e	JOS A Bank Clothiers, Inc		1,072,126
	12,434	*	Kirkland’s, Inc		218,590
	20,290		Lithia Motors, Inc (Class A)		1,323,720
	25,589	*,e	Lumber Liquidators, Inc		2,477,527
	20,796	*	MarineMax, Inc		241,858
	12,544	*,e	Mattress Firm Holding Corp		512,422
	47,124		Men’s Wearhouse, Inc		1,881,661
	29,376	e	Monro Muffler, Inc		1,263,462
	28,399	*	New York & Co, Inc		176,926
	27,479		Nutri/System, Inc		343,762
	231,426	*,e	Office Depot, Inc		1,002,075
	80,227	e	OfficeMax, Inc		913,786
	21,302	*,e	Orbitz Worldwide, Inc		196,191
	10,179	*,e	Overstock.com, Inc		346,188
	41,620	*,e	Pacific Sunwear Of California, Inc		185,209
	39,204		Penske Auto Group, Inc		1,457,605
	48,634	*	PEP Boys - Manny Moe & Jack		605,493
	19,657	e	PetMed Express, Inc		329,255
	87,895		Pier 1 Imports, Inc		2,065,533
	89,319	*,e	RadioShack Corp		243,841
	54,182	e	Rent-A-Center, Inc		2,166,738
	16,637	*	Restoration Hardware Holdings, Inc		1,111,684
	13,781	*	Rue21, Inc		575,770
	96,698	*,e	Saks, Inc		1,549,102
	8,024	*	Sears Hometown and Outlet Stores, Inc		349,606
	51,501	*	Select Comfort Corp		1,176,798
	13,862		Shoe Carnival, Inc		370,254
	35,692	*	Shutterfly, Inc		1,912,734
	36,017		Sonic Automotive, Inc (Class A)		797,416
	30,461		Stage Stores, Inc		760,307
	25,541		Stein Mart, Inc		356,808
	9,688		Systemax, Inc		93,295
	17,275	*	Tile Shop Holdings, Inc		491,128
	9,415	*	Tilly’s, Inc		138,212
	7,875		Trans World Entertainment Corp		39,375
	39,369	*	Tuesday Morning Corp		441,720
	39,001	*	Valuevision International, Inc (Class A)		231,276
	20,431	*,e	Vitacost.com, Inc		182,245
	28,131	*	Vitamin Shoppe, Inc		1,351,132
	14,352	*	West Marine, Inc		155,863
	80,302	*	Wet Seal, Inc (Class A)		352,526

249

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	36,363	*	WEX, Inc	$	3,161,399
	2,356		Winmark Corp		169,396
	31,225	*	Zale Corp		289,768
	19,635	*	Zumiez, Inc		541,337
			TOTAL RETAILING		62,625,454
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.4%
	36,385	*	Advanced Energy Industries, Inc		788,099
	17,029	*	Alpha & Omega Semiconductor Ltd		130,272
	17,885	*,e	Ambarella, Inc		296,891
	62,591	*,e	Amkor Technology, Inc		264,134
	73,784	*	Anadigics, Inc		158,636
	63,923	*	Applied Micro Circuits Corp		758,766
	29,483	*	ATMI, Inc		732,653
	105,929	*	Axcelis Technologies, Inc		230,925
	62,215		Brooks Automation, Inc		610,951
	21,645		Cabot Microelectronics Corp		800,432
	47,862	*	Cavium Networks, Inc		1,749,835
	20,206	*	Ceva, Inc		368,355
	16	*,m	China Energy Savings Technology, Inc		0
	59,195	*,e	Cirrus Logic, Inc		1,141,280
	22,801		Cohu, Inc		269,052
	136,675	e	Cypress Semiconductor Corp		1,745,340
	33,045	*	Diodes, Inc		905,763
	16,580	*	DSP Group, Inc		123,521
	128,952	*	Entegris, Inc		1,228,913
	82,867	*	Entropic Communications, Inc		367,101
	35,145	*	Exar Corp		457,236
	49,834	*	Formfactor, Inc		362,293
	17,455	*	GSI Technology, Inc		121,312
	113,151	*,e	GT Solar International, Inc		587,254
	29,516	*	Hittite Microwave Corp		1,844,160
	25,340	*	Inphi Corp		295,464
	121,192	*	Integrated Device Technology, Inc		1,091,940
	26,841	*	Integrated Silicon Solution, Inc		321,287
	15,402	*	Intermolecular, Inc		97,341
	64,789	*	International Rectifier Corp		1,562,063
	117,444		Intersil Corp (Class A)		1,199,103
	22,426		IXYS Corp		252,068
	61,803	*	Kopin Corp		229,289
	107,493	*	Lattice Semiconductor Corp		554,664
	43,396	*	LTX-Credence Corp		232,603
	9,245	*	MA-COM Technology Solutions		148,197
	21,304	*	MaxLinear, Inc		147,637
	43,193		Micrel, Inc		458,278
	86,677	*	Microsemi Corp		2,137,455
	43,772	*,e	Mindspeed Technologies, Inc		134,380
	49,481		MKS Instruments, Inc		1,341,925
	34,459		Monolithic Power Systems, Inc		902,137

250

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	41,816	*	MoSys, Inc	$	171,864
	20,636	*	Nanometrics, Inc		316,969
	19,825	*	NeoPhotonics Corp Ltd		174,064
	4,935	*	NVE Corp		244,677
	50,861	*	Omnivision Technologies, Inc		827,000
	22,970	*	PDF Solutions, Inc		471,344
	26,150	*,e	Peregrine Semiconductor Corp		286,081
	23,194	*	Pericom Semiconductor Corp		177,434
	57,248	*	Photronics, Inc		437,947
	41,128	*	PLX Technology, Inc		225,381
	189,538	*	PMC - Sierra, Inc		1,251,898
	26,963		Power Integrations, Inc		1,487,009
	104,716	*	Rambus, Inc		1,020,981
	262,085	*	RF Micro Devices, Inc		1,360,221
	18,881	*,e	Rubicon Technology, Inc		158,978
	31,022	*	Rudolph Technologies, Inc		383,122
	63,080	*	Semtech Corp		1,908,170
	27,731	*	Sigma Designs, Inc		144,756
	73,862	*	Silicon Image, Inc		423,229
	44,163	*	Spansion, Inc		521,123
	217,711	*	SunEdison, Inc		2,194,527
	39,542	*,e	SunPower Corp		1,093,336
	9,046		Supertex, Inc		243,156
	48,427		Tessera Technologies, Inc		971,930
	152,747	*	Triquint Semiconductor, Inc		1,220,449
	21,559	*	Ultra Clean Holdings		149,404
	25,525	*	Ultratech, Inc		745,840
	36,524	*,e	Veeco Instruments, Inc		1,269,574
	24,028	*	Volterra Semiconductor Corp		362,102
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		47,391,571
SOFTWARE & SERVICES - 8.8%
	51,968	*	Accelrys, Inc		453,681
	37,340	*	ACI Worldwide, Inc		1,768,049
	50,986	*	Active Network, Inc		434,911
	45,719	*	Actuate Corp		337,406
	69,261	*	Acxiom Corp		1,784,856
	30,652		Advent Software, Inc		902,088
	21,424		American Software, Inc (Class A)		194,101
	39,591	*,e	Angie’s List, Inc		871,794
	87,646	*	Aspen Technology, Inc		2,852,001
	22,417	*,e	AVG Technologies NV		499,899
	43,040	*	Bankrate, Inc		771,707
	45,448	*,e	Bazaarvoice, Inc		476,295
	42,261		Blackbaud, Inc		1,482,939
	10,233	*,e	Blackhawk Network Holdings, Inc		249,685
	37,731	*	Blucora, Inc		754,620
	35,582	*	Bottomline Technologies, Inc		1,034,369
	28,021	*	Brightcove, Inc		286,375

251

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	26,263	*,e	BroadSoft, Inc	$	783,688
	21,429	*,e	CACI International, Inc (Class A)		1,422,886
	37,431	*,e	Callidus Software, Inc		249,665
	10,605	*	Carbonite, Inc		139,880
	41,667	*	Cardtronics, Inc		1,227,510
	9,787		Cass Information Systems, Inc		540,340
	5,315	*	ChannelAdvisor Corp		104,387
	68,295	*	Ciber, Inc		248,594
	43,594	*	Commvault Systems, Inc		3,680,641
	13,851		Computer Task Group, Inc		257,629
	32,790	*	comScore, Inc		949,598
	20,865	*	Comverse, Inc		653,492
	29,219	*,e	Constant Contact, Inc		560,713
	97,077		Convergys Corp		1,837,668
	37,565	*	Cornerstone OnDemand, Inc		1,654,363
	26,675	*	CoStar Group, Inc		4,175,971
	31,247		CSG Systems International, Inc		739,929
	6,848	*,e	Cyan, Inc		71,082
	40,915	*	DealerTrack Holdings, Inc		1,530,221
	35,834	*,e	Demand Media, Inc		234,354
	14,914	*,e	Demandware, Inc		662,480
	38,867	*	Dice Holdings, Inc		336,977
	32,813	*	Digital River, Inc		557,493
	5,438		DMRC Corp		114,144
	14,449	*,e	E2open, Inc		287,246
	96,290		Earthlink, Inc		603,738
	14,197	*	eGain Corp		163,407
	24,325	*,e	Ellie Mae, Inc		572,854
	20,994	*	Envestnet, Inc		522,541
	20,222	*	EPAM Systems, Inc		585,427
	30,299		EPIQ Systems, Inc		394,190
	3,352		ePlus, Inc		212,818
	46,622	*	Euronet Worldwide, Inc		1,716,156
	27,368	*	EVERTEC, Inc		654,095
	30,698	*	ExlService Holdings, Inc		859,544
	33,385		Fair Isaac Corp		1,667,915
	15,297	*	FleetMatics Group plc		576,085
	11,924		Forrester Research, Inc		418,294
	17,421	*,m	Gerber Scientific, Inc		0
	63,085	*	Global Cash Access, Inc		440,964
	19,081	*	Global Eagle Entertainment, Inc		215,806
	60,758	*,e	Glu Mobile, Inc		166,477
	15,197	*	Guidance Software, Inc		139,357
	39,285	*	Guidewire Software, Inc		1,719,112
	22,659		Hackett Group, Inc		125,984
	34,145	e	Heartland Payment Systems, Inc		1,273,950
	30,034	*	Higher One Holdings, Inc		324,367
	32,455	*	iGate Corp		756,526
	19,004	*	Imperva, Inc		961,982

252

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	47,015	*	Infoblox, Inc	$	1,537,391
	14,543	*	Interactive Intelligence, Inc		826,042
	50,635	*	Internap Network Services Corp		412,675
	42,989	e	j2 Global, Inc		1,967,607
	36,639	*,e	Jive Software, Inc		491,695
	15,733		Keynote Systems, Inc		313,559
	24,817	*	Knot, Inc		296,811
	53,415	*	Limelight Networks, Inc		128,196
	55,911	*	Lionbridge Technologies		185,065
	23,762	*,e	Liquidity Services, Inc		677,217
	51,772	*	Liveperson, Inc		478,373
	22,478	*	LogMeIn, Inc		668,046
	18,110	*,e	magicJack VocalTec Ltd		278,170
	18,329	*	Manhattan Associates, Inc		1,619,184
	22,581	e	Mantech International Corp (Class A)		667,043
	21,462		Marchex, Inc (Class B)		130,918
	8,162	*	Marin Software, Inc		94,353
	23,033	*	Market Leader, Inc		269,716
	6,215	*,e	Marketo, Inc		195,337
	64,186		MAXIMUS, Inc		2,414,035
	89,355		Mentor Graphics Corp		1,834,458
	8,325	*	MicroStrategy, Inc (Class A)		790,958
	33,880	*,e	Millennial Media, Inc		335,751
	24,286	*,e	Mitek Systems, Inc		139,402
	7,219	*,e	Model N, Inc		170,224
	36,038	*	ModusLink Global Solutions, Inc		112,078
	19,923	*	MoneyGram International, Inc		432,528
	35,928		Monotype Imaging Holdings, Inc		881,314
	110,620	*	Monster Worldwide, Inc		632,746
	36,309	*	Move, Inc		504,332
	34,243	*	Netscout Systems, Inc		908,467
	59,892		NIC, Inc		1,103,211
	21,312	*,e	OpenTable, Inc		1,357,148
	16,247		Pegasystems, Inc		583,267
	31,605	*	Perficient, Inc		431,408
	37,919	*,e	Planet Payment, Inc		114,136
	23,262	*	PRG-Schultz International, Inc		144,224
	51,198	*	Progress Software Corp		1,310,157
	20,496	*	Proofpoint, Inc		551,547
	20,897	*	PROS Holdings, Inc		685,840
	111,877	*	PTC, Inc		3,029,629
	4,311		QAD, Inc (Class A)		55,008
	81,294	*	QLIK Technologies, Inc		2,546,128
	13,264	*	Qualys, Inc		212,224
	28,256	*	QuinStreet, Inc		263,063
	6,128	*	Rally Software Development Corp		172,748
	20,282	*	RealNetworks, Inc		159,619
	44,041	*,e	RealPage, Inc		887,867
	7,434	*	Reis, Inc		136,786

253

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	34,236	*	Responsys, Inc	$	496,080
	10,422	*	Rosetta Stone, Inc		170,295
	15,110	e	Sapiens International Corp NV		89,905
	102,308	*	Sapient Corp		1,402,643
	21,280	*	Sciquest, Inc		524,765
	31,124	*	Seachange International, Inc		366,641
	56,627	*	ServiceSource International LLC		604,210
	7,037	*,e	Shutterstock, Inc		374,017
	5,147	*,e	Silver Spring Networks, Inc		139,535
	29,069	*	Sourcefire, Inc		2,192,675
	18,550	*	Spark Networks, Inc		153,594
	13,830	*	SPS Commerce, Inc		892,450
	54,485	*	SS&C Technologies Holdings, Inc		1,949,473
	12,352	*	Stamps.com, Inc		492,351
	46,927	*	SupportSoft, Inc		236,981
	37,138	*	Sykes Enterprises, Inc		652,143
	26,908	*	Synchronoss Technologies, Inc		928,057
	14,533		Syntel, Inc		1,043,179
	34,282	*	TA Indigo Holding Corp		325,679
	74,960	*	Take-Two Interactive Software, Inc		1,314,049
	28,831	*,e	Tangoe, Inc		520,688
	9,391	*	TechTarget, Inc		50,618
	52,463	*	TeleCommunication Systems, Inc (Class A)		141,650
	17,540	*	TeleNav, Inc		107,520
	18,782	*	TeleTech Holdings, Inc		470,489
	118,369	*	TiVo, Inc		1,307,977
	7,605	*	Travelzoo, Inc		218,035
	22,256	*,e	Trulia, Inc		829,259
	29,538	*	Tyler Technologies, Inc		2,204,126
	25,862	*	Ultimate Software Group, Inc		3,499,129
	41,461	*	Unisys Corp		1,075,498
	86,467		United Online, Inc		702,112
	85,932	*	Unwired Planet, Inc		174,442
	70,603	*	Valueclick, Inc		1,725,537
	26,823	*	Vasco Data Security International		220,753
	49,359	*	Verint Systems, Inc		1,766,065
	38,997	*,e	VirnetX Holding Corp		743,673
	19,241	*	Virtusa Corp		496,033
	30,250	*,e	VistaPrint Ltd		1,542,145
	17,966	*	Vocus, Inc		183,613
	67,782	*,e	Vringo, Inc		213,513
	33,035	*	WebMD Health Corp (Class A)		1,090,485
	39,285	*	Website Pros, Inc		1,020,624
	7,135	*,e	Xoom Corp		234,099
	27,834	*,e	Yelp, Inc		1,163,461
	19,722	*,e	Zillow, Inc		1,457,061
	56,986	*	Zix Corp		256,437
			TOTAL SOFTWARE & SERVICES		125,148,781

254

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
TECHNOLOGY HARDWARE & EQUIPMENT - 5.1%
	55,248	e	Adtran, Inc	$	1,460,205
	13,340	*	Agilysys, Inc		154,611
	5,880		Alliance Fiber Optic Products, Inc		187,043
	11,355	*	Anaren, Inc		265,821
	25,309		Anixter International, Inc		2,101,659
	108,718	*	ARRIS Group, Inc		1,635,119
	106,011	*	Aruba Networks, Inc		1,884,876
	8,512	*	Audience, Inc		107,251
	30,941	*	Avid Technology, Inc		184,408
	16,759	*	AX Holding Corp		126,028
	13,548		Badger Meter, Inc		645,427
	8,820		Bel Fuse, Inc (Class B)		138,033
	40,831		Belden CDT, Inc		2,393,105
	50,972	*	Benchmark Electronics, Inc		1,127,501
	15,291		Black Box Corp		413,774
	31,842	*	CalAmp Corp		488,775
	35,898	*	Calix Networks, Inc		419,289
	37,604	*	Checkpoint Systems, Inc		646,789
	94,850	*	Ciena Corp		2,092,391
	40,626		Cognex Corp		2,157,647
	22,539		Coherent, Inc		1,277,510
	15,911		Comtech Telecommunications Corp		430,870
	36,515	*	Cray, Inc		846,053
	31,568		CTS Corp		443,530
	32,723		Daktronics, Inc		356,026
	16,079	*	Datalink Corp		209,349
	23,448	*	Digi International, Inc		232,839
	17,366	*	DTS, Inc		393,166
	18,413		Electro Rent Corp		329,224
	21,137		Electro Scientific Industries, Inc		239,905
	43,079	*	Electronics for Imaging, Inc		1,293,662
	83,113	*	Emulex Corp		665,735
	84,959	*	Extreme Networks, Inc		367,872
	26,580	*	Fabrinet		393,650
	16,323	*	FARO Technologies, Inc		599,544
	36,079		FEI Co		2,794,319
	87,143	*	Finisar Corp		1,684,474
	71,109	*,e	Fusion-io, Inc		1,025,392
	22,613	*	Globecomm Systems, Inc		327,662
	27,108	*	GSI Group, Inc		227,978
	94,363	*	Harmonic, Inc		722,821
	54,622	*	Harris Stratex Networks, Inc (Class A)		144,748
	25,626	*	Hutchinson Technology, Inc		87,897
	31,156	*	Imation Corp		145,810
	26,646	*	Immersion Corp		382,104
	107,909	*,e	Infinera Corp		1,177,287
	40,597	*	Insight Enterprises, Inc		868,370
	38,141	e	InterDigital, Inc		1,515,342

255

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	56,108	*	Intermec, Inc	$	557,152
	54,265	*,e	InvenSense, Inc		959,405
	36,608	*	Itron, Inc		1,578,537
	53,264	*	Ixia		740,370
	43,768	*	Kemet Corp		190,828
	13,491	*	KVH Industries, Inc		188,739
	20,567		Littelfuse, Inc		1,645,154
	26,243	*	Maxwell Technologies, Inc		208,107
	14,498	*	Measurement Specialties, Inc		721,710
	30,965	*	Mercury Computer Systems, Inc		287,355
	2,811		Mesa Laboratories, Inc		183,446
	34,404		Methode Electronics, Inc		649,892
	14,911		MTS Systems Corp		940,139
	8,168	*	Multi-Fineline Electronix, Inc		123,500
	35,593	*	Navarre Corp		110,694
	24,666	*,e	Neonode, Inc		192,148
	35,914	*	Netgear, Inc		1,070,596
	35,872	*	Newport Corp		525,525
	12,447	*	Numerex Corp		134,428
	18,236	*	Oplink Communications, Inc		367,455
	18,587	*	OSI Systems, Inc		1,308,339
	19,157		Park Electrochemical Corp		521,070
	84,044	*,e	Parkervision, Inc		371,474
	9,683		PC Connection, Inc		164,224
	16,100		PC-Tel, Inc		155,365
	40,561		Plantronics, Inc		1,885,681
	31,953	*	Plexus Corp		1,117,396
	20,036	*	Procera Networks, Inc		298,937
	82,012	*	QLogic Corp		902,952
	204,419	*	Quantum Corp		327,070
	31,924	*,e	Rackable Systems, Inc		600,810
	22,486	*	Radisys Corp		92,867
	38,857	*,e	RealD, Inc		413,827
	10,311		Richardson Electronics Ltd		115,896
	26,195	*	Rofin-Sinar Technologies, Inc		605,366
	15,736	*	Rogers Corp		875,236
	40,531	*,e	Ruckus Wireless, Inc		539,468
	76,523	*	Sanmina Corp		1,259,569
	26,374	*	Scansource, Inc		939,178
	52,026	*	ShoreTel, Inc		202,381
	202,437	*	Sonus Networks, Inc		692,335
	33,754	*	STEC, Inc		228,515
	28,724	*	Super Micro Computer, Inc		332,911
	36,238	*	Symmetricom, Inc		186,263
	30,505	*	Synaptics, Inc		1,220,200
	24,826	*	SYNNEX Corp		1,229,384
	328,835		Tellabs, Inc		736,590
	5,492		Tessco Technologies, Inc		175,964
	48,563	*	TTM Technologies, Inc		448,722

256

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	12,188	e	Ubiquiti Networks, Inc	$	256,192
	10,939	*,e	Uni-Pixel, Inc		145,270
	37,179	*,e	Universal Display Corp		1,076,332
	36,863	*	Viasat, Inc		2,462,080
	2,351	*	Viasystems Group, Inc		34,912
	11,291	*	Vishay Precision Group, Inc		183,140
	36,588	*	Westell Technologies, Inc		94,763
	15,555	*	Zygo Corp		243,747
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		71,632,497
TELECOMMUNICATION SERVICES - 0.8%
	68,652	*	8x8, Inc		621,987
	8,397		Atlantic Tele-Network, Inc		428,247
	17,766	*,e	Boingo Wireless, Inc		124,362
	25,417	*	Cbeyond Communications, Inc		215,282
	193,366	*	Cincinnati Bell, Inc		667,113
	44,204		Cogent Communications Group, Inc		1,265,119
	37,194	e	Consolidated Communications Holdings, Inc		650,523
	18,170	*,e	Fairpoint Communications, Inc		159,169
	28,049	*	General Communication, Inc (Class A)		248,234
	10,048	*,e	Hawaiian Telcom Holdco, Inc		279,535
	11,812		HickoryTech Corp		132,531
	14,895		IDT Corp (Class B)		307,880
	50,120	*	inContact, Inc		425,018
	29,311		Inteliquent, Inc		244,454
	60,067	*,e	Iridium Communications, Inc		505,764
	50,585	*,e	Leap Wireless International, Inc		843,758
	15,161		Lumos Networks Corp		287,301
	162,052	*,e	NII Holdings, Inc (Class B)		1,163,533
	14,705		NTELOS Holdings Corp		275,425
	36,170	*	Orbcomm, Inc		174,339
	44,923	*	Premiere Global Services, Inc		494,153
	10,984		Primus Telecommunications Group, Inc		131,588
	22,148		Shenandoah Telecom Co		426,792
	68	*,b,m	Touch America Holdings, Inc		0
	68,208	*,e	Towerstream Corp		199,849
	20,249		USA Mobility, Inc		316,289
	145,078	*	Vonage Holdings Corp		467,151
			TOTAL TELECOMMUNICATION SERVICES		11,055,396
TRANSPORTATION - 1.8%
	49,818	*	Air Transport Services Group, Inc		332,784
	14,167		Allegiant Travel Co		1,379,582
	23,568		Arkansas Best Corp		511,426
	24,193	*	Atlas Air Worldwide Holdings, Inc		1,079,976
	18,556	*	Celadon Group, Inc		373,161
	17,126	*	Echo Global Logistics, Inc		372,833
	28,230		Forward Air Corp		1,032,371
	48,731	*,e	Hawaiian Holdings, Inc		372,305
	43,904		Heartland Express, Inc		646,267

257

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	34,756	*	Hub Group, Inc (Class A)	$	1,329,417
	5,532		International Shipholding Corp		151,245
	218,618	*,e	JetBlue Airways Corp		1,429,762
	54,509		Knight Transportation, Inc		925,018
	21,895		Marten Transport Ltd		375,718
	40,157		Matson, Inc		1,137,246
	33,574	*	Pacer International, Inc		207,823
	8,465	*	Park-Ohio Holdings Corp		297,375
	5,299	*	Patriot Transportation Holding, Inc		182,551
	19,229	*	Quality Distribution, Inc		203,058
	45,928	*	Republic Airways Holdings, Inc		630,591
	16,157	*	Roadrunner Transportation Services Holdings, Inc		488,426
	22,570	*	Saia, Inc		675,746
	48,960		Skywest, Inc		740,275
	56,015	*	Spirit Airlines, Inc		1,851,296
	77,791	*	Swift Transportation Co, Inc		1,387,791
	18,995	*	Ultrapetrol Bahamas Ltd		58,315
	4,994		Universal Truckload Services, Inc		137,685
	178,803	*,e	US Airways Group, Inc		3,459,838
	84,115		UTI Worldwide, Inc		1,387,897
	42,899		Werner Enterprises, Inc		1,032,150
	38,038	*	Wesco Aircraft Holdings, Inc		744,404
	17,217	*,e	XPO Logistics, Inc		421,128
	9,017	*	YRC Worldwide, Inc		290,888
			TOTAL TRANSPORTATION		25,646,348
UTILITIES - 3.2%
	37,367		Allete, Inc		2,003,619
	17,784		American States Water Co		1,142,088
	6,398		Artesian Resources Corp		150,609
	113,717	e	Atlantic Power Corp		484,434
	55,801		Avista Corp		1,605,953
	41,645		Black Hills Corp		2,209,267
	43,887		California Water Service Group		956,737
	9,058		Chesapeake Utilities Corp		536,868
	56,191		Cleco Corp		2,725,825
	10,527		Connecticut Water Service, Inc		314,757
	14,523		Consolidated Water Co, Inc		172,243
	5,801		Delta Natural Gas Co, Inc		132,089
	93,734	*,e	Dynegy, Inc		1,953,417
	37,930		El Paso Electric Co		1,432,616
	39,634		Empire District Electric Co		918,716
	11,912	*	Genie Energy Ltd		122,813
	47,078		Idacorp, Inc		2,484,306
	30,600		Laclede Group, Inc		1,403,316

258

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY		VALUE
	21,479		MGE Energy, Inc	$	1,261,032
	15,354		Middlesex Water Co		324,584
	38,828		New Jersey Resources Corp		1,737,941
	25,456		Northwest Natural Gas Co		1,118,537
	35,527		NorthWestern Corp		1,499,239
	16,325	e	Ormat Technologies, Inc		375,965
	33,680		Otter Tail Corp		1,030,271
	70,350		Piedmont Natural Gas Co, Inc		2,430,592
	73,858		PNM Resources, Inc		1,734,186
	70,045		Portland General Electric Co		2,220,426
	15,249	*	Pure Cycle Corp		87,987
	14,649		SJW Corp		408,561
	29,687		South Jersey Industries, Inc		1,813,876
	43,350		Southwest Gas Corp		2,151,894
	47,154		UIL Holdings Corp		1,925,769
	13,348		Unitil Corp		410,317
	38,669		UNS Energy Corp		1,966,319
	48,418		WGL Holdings, Inc		2,225,775
	12,549		York Water Co		264,533
			TOTAL UTILITIES		45,737,477
			TOTAL COMMON STOCKS		1,405,688,571
			(Cost $1,110,090,984)
RIGHTS / WARRANTS - 0.0%
ENERGY - 0.0%
	8,048	e	Magnum Hunter Resources Corp		419
			TOTAL ENERGY		419
SOFTWARE & SERVICES - 0.0%
	590	e,m	Accelerate Diagnostics, Inc		201
			TOTAL SOFTWARE & SERVICES		201
			TOTAL RIGHTS / WARRANTS		620
			(Cost $0)

259

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 14.5%
TREASURY DEBT - 0.4%
$	2,900,000	d	United States Treasury Bill		.088	%	09/05/13	$	2,899,753
	1,900,000	d	United States Treasury Bill		.056		11/07/13		1,899,793
									4,799,546

SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 14.1%
	199,431,596	a,c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		199,431,596
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		199,431,596
			TOTAL SHORT-TERM INVESTMENTS		204,231,142
			(Cost $204,231,062)
			TOTAL INVESTMENTS - 113.8%		1,609,920,333
			(Cost $1,314,322,046)
			OTHER ASSETS & LIABILITIES, NET - (13.8)%		(194,846,874	)
			NET ASSETS - 100.0%	$	1,415,073,459

	Abbreviation(s):
	REIT    Real Estate Investment Trust
*	Non-income producing.
a	Affiliated holding.
b	In bankruptcy.
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of these securities have been segregated to cover margin or other requirements on open futures transactions.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $194,812,699.
m	Indicates a security that has been deemed illiquid.

260

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 96.4%
AUSTRALIA - 0.0%
	308,000	*,e	Minmetals Resources Ltd	$	74,160
			TOTAL AUSTRALIA		74,160
BRAZIL - 9.8%
	17,958		AES Tiete S.A.		177,506
	63,900		All America Latina Logistica S.A.		247,046
	63,055		Anhanguera Educacional Participacoes S.A.		382,252
	16,800		Arteris S.A.		159,653
	102,430		Banco Bradesco S.A.		1,387,375
	353,564		Banco Bradesco S.A. (Preference)		4,292,951
	95,786		Banco do Brasil S.A.		951,835
	24,968		Banco do Estado do Rio Grande do Sul		166,793
	421,210		Banco Itau Holding Financeira S.A.		5,380,174
	150,139		Banco Santander Brasil S.A.		895,694
	101,700	*	BB Seguridade Participacoes S.A.		822,034
	314,974		BM&F Bovespa S.A.		1,698,196
	61,500		BR Malls Participacoes S.A.		545,085
	26,500		BR Properties S.A.		219,541
	35,165		Bradespar S.A.		345,276
	23,115		Braskem S.A.		178,123
	3,100	*	CCX Carvao da Colombia S.A.		1,332
	31,076		Centrais Eletricas Brasileiras S.A.		62,388
	36,392		Centrais Eletricas Brasileiras S.A. (Preference)		132,720
	30,989		CETIP S.A.-Balcao Organizado de Ativos e Derivativos		312,423
	20,857		Cia Brasileira de Distribuicao Grupo Pao de Acucar		925,119
	22,500		Cia de Bebidas das Americas		848,083
	149,056		Cia de Concessoes Rodoviarias		1,169,528
	55,100		Cia de Saneamento Basico do Estado de Sao Paulo		565,165
	8,700		Cia de Saneamento de Minas Gerais-COPASA		138,012
	94,267		Cia Energetica de Minas Gerais		861,950
	28,120		Cia Energetica de Sao Paulo (Class B)		247,630
	21,785		Cia Hering		292,205
	15,195		Cia Paranaense de Energia		186,228
	108,630		Cia Siderurgica Nacional S.A.		312,841
	58,436		Companhia Brasileira de Meios de Pagamento		1,440,568
	35,636		Cosan SA Industria e Comercio		675,746
	37,300		CPFL Energia S.A.		345,148
	44,105		Cyrela Brazil Realty S.A.		314,932
	25,928		EcoRodovias Infraestrutura e Logistica S.A.		182,411
	39,600		EDP - Energias do Brasil S.A.		205,000
	98,579		Empresa Brasileira de Aeronautica S.A.		838,290
	40,563	*	Fibria Celulose S.A.		451,619
	143,075		Gerdau S.A. (Preference)		915,013
	54,982		Hypermarcas S.A.		397,902

261

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	478,158		Investimentos Itau S.A. - PR	$	1,754,304
	111,364		JBS S.A.		310,951
	82,020		Klabin S.A.		398,353
	32,100	*	Kroton Educacional S.A.		457,295
	300		Linx S.A.		4,969
	20,591		Localiza Rent A Car		293,340
	15,300		Lojas Americanas S.A.		93,556
	63,237		Lojas Americanas S.A.(Pref)		441,011
	19,430		Lojas Renner S.A.		514,420
	4,800		M Dias Branco S.A.		194,622
	29,900		Marcopolo S.A.		169,726
	43,217		Metalurgica Gerdau S.A.		345,342
	25,000	*	MPX Energia S.A.		76,161
	46,456		MRV Engenharia e Participacoes S.A.		132,158
	9,900		Multiplan Empreendimentos Imobiliarios S.A.		218,539
	4,900		Multiplus S.A.		66,304
	28,192		Natura Cosmeticos S.A.		567,832
	36,953		Odontoprev S.A.		151,450
	374,891	*	OGX Petroleo e Gas Participacoes S.A.		108,457
	113,465		Oi S.A.(Pref)		208,393
	109,756		Perdigao S.A.		2,338,151
	518,872		Petroleo Brasileiro S.A.		3,498,039
	734,946		Petroleo Brasileiro S.A. (Preference)		5,247,888
	14,681		Porto Seguro S.A.		165,385
	13,600		QGEP Participacoes S.A.		70,583
	29,900	*	Qualicorp S.A.		218,875
	32,300		Raia Drogasil S.A.		273,255
	38,719		Satipel Industrial S.A.		221,654
	61,245		Souza Cruz S.A.		737,727
	14,905		Sul America SA		89,246
	47,900		Suzano Papel e Celulose S.A.		163,352
	49,721		Telefonica Brasil S.A.		1,052,895
	132,766		Tim Participacoes S.A.		493,504
	17,900		Totvus S.A.		282,464
	26,500		Tractebel Energia S.A.		422,820
	19,800		Transmissora Alianca de Energia Eletrica S.A.		198,143
	60,980		Ultrapar Participacoes S.A.		1,447,418
	60,017	*	Usinas Siderurgicas de Minas Gerais S.A. (Preference)		229,140
	217,200		Vale S.A.		2,953,314
	321,273		Vale S.A. (Preference)		3,964,247
	32,500		Weg S.A.		398,887
			TOTAL BRAZIL		60,645,957
CHILE - 1.6%
	338,930		AES Gener S.A.		221,860
	403,753		Aguas Andinas S.A.		287,094
	2,433,679		Banco de Chile		348,108
	3,527		Banco de Credito e Inversiones		193,904
	10,082,824		Banco Santander Chile S.A.		568,257
	10,259		CAP S.A.		183,899
	197,283		Centros Comerciales Sudamericanos S.A.		898,015
	16,313		Cia Cervecerias Unidas S.A.		220,103

262

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	1,132,183		Colbun S.A.	$	294,343
	16,926,054		CorpBanca S.A.		168,618
	40,913		Embotelladora Andina S.A.		218,654
	67,685		Empresa Electrica del Norte Grande S.A.		105,277
	571,354		Empresa Nacional de Electricidad S.A.		754,519
	20,098		Empresa Nacional de Telecomunicaciones S.A.		329,316
	176,244		Empresas CMPC S.A.		522,507
	108,141		Empresas COPEC S.A.		1,417,839
	3,407,351		Enersis S.A.		1,028,936
	40,110		Lan Airlines S.A.		542,322
	115,613		SACI Falabella		1,184,502
	18,171		Sociedad Quimica y Minera de Chile S.A. (Class B)		523,930
	53,945		Vina Concha Y Toro S.A.		97,865
			TOTAL CHILE		10,109,868
CHINA - 17.0%
	228,000	e	Agile Property Holdings Ltd		239,342
	4,081,000	e	Agricultural Bank of China		1,650,000
	338,000	e	Air China Ltd		228,620
	762,000	*,e	Aluminum Corp of China Ltd		234,366
	231,000	e	Anhui Conch Cement Co Ltd		682,625
	153,000	e	Anta Sports Products Ltd		172,692
	392,000	e	AviChina Industry & Technology Co		209,672
	13,435,000		Bank of China Ltd		5,625,318
	1,703,500	e	Bank of Communications Co Ltd		1,107,954
	271,000		BBMG Corp		170,338
	398,000	e	Beijing Capital International Airport Co Ltd		246,645
	100,500		Beijing Enterprises Holdings Ltd		670,960
	528,000	*,e	Brilliance China Automotive Holdings Ltd		630,447
	85,500	*,e	Byd Co Ltd		333,758
	290,320	e	Changsha Zoomlion Heavy Industry Science and Technology Development Co Ltd		207,865
	392,700		China Agri-Industries Holdings Ltd		182,159
	364,000		China BlueChemical Ltd		167,901
	1,680,600		China Citic Bank		777,272
	1,092,000	e	China Coal Energy Co		582,330
	817,000		China Communications Construction Co Ltd		623,902
	464,400		China Communications Services Corp Ltd		301,734
	12,405,350		China Construction Bank		9,249,432
	380,000	e	China Everbright International Ltd		345,983
	156,000		China Everbright Ltd		221,344
	398,000		China Gas Holdings Ltd		449,644
	137,200	*	China Insurance International Holdings Co Ltd		190,533
	86,600		China International Marine Containers Group Co Ltd		140,540
	1,295,000		China Life Insurance Co Ltd		3,106,309
	483,000		China Longyuan Power Group Corp		507,993
	241,000		China Mengniu Dairy Co Ltd		964,244
	746,000		China Merchants Bank Co Ltd		1,252,748
	212,020	e	China Merchants Holdings International Co Ltd		662,041
	1,004,500	e	China Minsheng Banking Corp Ltd		1,014,322
	1,027,500		China Mobile Hong Kong Ltd		10,930,497
	548,000	e	China National Building Material Co Ltd		493,863

263

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	306,000		China Oilfield Services Ltd	$	688,034
	696,000	e	China Overseas Land & Investment Ltd		2,003,434
	472,600		China Pacific Insurance Group Co Ltd		1,579,812
	355,000	e	China Railway Construction Corp		360,836
	723,000		China Railway Group Ltd		388,409
	226,000	e	China Resources Enterprise		697,660
	184,000	e	China Resources Gas Group Ltd		459,593
	344,000	e	China Resources Land Ltd		943,902
	348,000		China Resources Power Holdings Co		810,702
	318,000		China Shanshui Cement Group Ltd		126,528
	719,500		China Shenhua Energy Co Ltd		2,076,758
	686,000	*,e	China Shipping Container Lines Co Ltd		166,030
	357,000	e	China South Locomotive and Rolling Stock Corp		237,732
	394,000	e	China Southern Airlines Co Ltd		145,582
	308,000	e	China State Construction International Holdings Ltd		490,382
	2,542,000		China Telecom Corp Ltd		1,262,443
	826,000		China Unicom Ltd		1,215,488
	510,000	e	Chongqing Rural Commercial Bank		208,171
	298,000	e	Citic Pacific Ltd		323,269
	240,000	e	CITIC Securities Co Ltd		452,251
	3,234,000		CNOOC Ltd		5,844,898
	16,000	e	Cofco International Ltd		6,289
	456,000	*,e	COSCO Holdings		187,948
	294,701		COSCO Pacific Ltd		413,613
	735,008		Country Garden Holdings Co Ltd		415,401
	166,000	e	Dah Chong Hong Holdings Ltd		125,556
	608,000		Datang International Power Generation Co Ltd		274,103
	498,000		Dongfeng Motor Group Co Ltd		667,387
	1,069,000	e	Evergrande Real Estate Group		424,018
	226,000		Far East Horizon Ltd		147,876
	343,500		Fosun International		260,217
	588,000	e	Franshion Properties China Ltd		187,968
	592,000	e	Fushan International Energy Group Ltd		193,769
	226,000		Future Land Development Holdin		26,496
	810,000	e	Geely Automobile Holdings Ltd		338,078
	118,000	e	Golden Eagle Retail Group Ltd		173,339
	186,000	e	Great Wall Motor Co Ltd		868,095
	104,500	e	Greentown China Holdings Ltd		207,492
	492,000	e	Guangdong Investments Ltd		398,322
	416,000	e	Guangzhou Automobile Group Co Ltd		403,597
	870,000		Guangzhou Investment Co Ltd		219,665
	155,600	e	Guangzhou R&F Properties Co Ltd		241,397
	289,600		Haitong Securities Co Ltd		373,586
	132,500		Hengan International Group Co Ltd		1,454,634
	622,000		Huaneng Power International, Inc		648,626
	58,000	*	Huili Resources Group Ltd		14,505
	12,760,000		Industrial & Commercial Bank of China		8,380,888
	172,000	e	Intime Department Store Group Co Ltd		177,485
	274,000	e	Jiangsu Express		284,754
	296,000	e	Jiangxi Copper Co Ltd		498,858
	1,096,000	e	Lenovo Group Ltd		997,993
	216,000	e	Longfor Properties Co Ltd		330,151

264

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	103,800		New China Life insurance Co Ltd	$	279,026
	265,000	e	Nine Dragons Paper Holdings Ltd		167,495
	213,500	e	Parkson Retail Group Ltd		84,765
	787,000	e	People’s Insurance Co Group of China Ltd		352,916
	594,840		PICC Property & Casualty Co Ltd		662,089
	334,000	e	Ping An Insurance Group Co of China Ltd		2,160,404
	285,000	e	Poly Hong Kong Investment Ltd		154,613
	168,000	e	Prime Success International Group Ltd		119,699
	312,000	e	Shandong Weigao Group Medical Polymer Co Ltd		294,645
	612,000	e	Shanghai Electric Group Co Ltd		205,728
	114,000		Shanghai Industrial Holdings Ltd		353,838
	139,300		Shanghai Pharmaceuticals Holding Co Ltd		289,392
	116,000	e	Shell Electric MFG		137,534
	64,000		Shenguan Holdings Group Ltd		27,228
	588,149	e	Shui On Land Ltd		175,951
	376,000	e	Sihuan Pharmaceutical Holdings		271,711
	417,875	e	Sino-Ocean Land Holdings Ltd		213,548
	532,000	e	Sinopec Shanghai Petrochemical Co Ltd		163,739
	183,200	e	Sinopharm Group Co		500,237
	8,500		Sinotruk Hong Kong Ltd		4,206
	392,000	e	Soho China Ltd		320,928
	447,000	e	Sun Art Retail Group Ltd		621,004
	172,500		Tencent Holdings Ltd		7,808,731
	356,000	e	Tingyi Cayman Islands Holding Corp		880,326
	72,000	e	Tsingtao Brewery Co Ltd		549,792
	240,000	e	Uni-President China Holdings Ltd		218,735
	1,042,000		Want Want China Holdings Ltd		1,409,973
	95,200	e	Weichai Power Co Ltd		315,085
	211,000	*	Wison Engineering Services Co Ltd		93,752
	106,000	*	Wumart Stores, Inc		198,106
	18,000		Xiao Nan Guo Restaurants Holdings Ltd		2,689
	142,000	e	Xinao Gas Holdings Ltd		785,927
	656,000	e	Yanzhou Coal Mining Co Ltd		449,900
	210,000		Yingde Gases		191,014
	55,000		Zall Development Group Ltd		19,961
	188,500	e	Zhaojin Mining Industry Co Ltd		126,550
	320,000		Zhejiang Expressway Co Ltd		271,911
	81,500		Zhongsheng Group Holdings Ltd		84,502
	80,000	e	Zhuzhou CSR Times Electric Co Ltd		211,736
	1,178,000	e	Zijin Mining Group Co Ltd		252,423
	107,720	e	ZTE Corp		187,137
			TOTAL CHINA		106,018,359
COLOMBIA - 1.1%
	32,007		Almacenes Exito S.A.		526,031
	19,799		Banco Davivienda S.A.		241,172
	25,572		BanColombia S.A.		361,699
	55,228		BanColombia S.A. (Preference)		792,823
	54,183		Cementos Argos S.A.		247,359
	10,291		Corp Financiera Colombiana S.A.		200,959
	1,049,654		Ecopetrol S.A.		2,401,504

265

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	42,818		Grupo Argos S.A.	$	472,303
	19,604		Grupo Argos S.A.(Prf)		212,724
	233,089		Grupo Aval Acciones y Valores		168,535
	5,932		Grupo de Inversiones Suramericana S.A.		118,593
	43,042		Interconexion Electrica S.A.		182,640
	88,157		Isagen S.A. ESP		126,554
	43,145		Suramericana de Inversiones S.A.		851,173
			TOTAL COLOMBIA		6,904,069
CZECH REPUBLIC - 0.2%
	27,963		CEZ AS		663,806
	2,489		Komercni Banka AS		483,706
	17,237	e	Telefonica O2 Czech Republic AS		257,963
			TOTAL CZECH REPUBLIC		1,405,475
EGYPT - 0.2%
	90,901		Commercial International Bank		455,161
	83,118		Egypt Kuwait Holding Co		61,507
	16,085	*	Orascom Construction Industries		552,267
	415,204	*	Orascom Telecom Holding SAE		264,531
	100,151		Talaat Moustafa Group		68,340
	42,749		Telecom Egypt		82,210
			TOTAL EGYPT		1,484,016
HONG KONG - 0.6%
	804,000		Belle International Holdings Ltd		1,159,335
	482,000	e	Bosideng International Holdings Ltd		100,003
	40,000		Century Sunshine Ecological Technology Holdings Ltd		4,588
	424,000	e	China Resources Cement Holdings Ltd		229,283
	1,331,000	*,e	GCL Poly Energy Holdings Ltd		339,196
	54,000	*	Gemdale Properties and Investm		7,017
	1,739,000	*,e	GOME Electrical Appliances Holdings Ltd		174,701
	144,000		Haier Electronics Group Co Ltd		259,493
	26,000	e	Huabao International Holdings Ltd		11,191
	117,000		Kingboard Chemical Holdings Ltd		257,195
	296,000		Lee & Man Paper Manufacturing Ltd		192,515
	105,000		Shenzhou International Group Holdings Ltd		297,092
	230,500		Shimao Property Holdings Ltd		484,351
	528,000		Sino Biopharmaceutical		383,665
	35,000	*	Superb Summit International Group Ltd		1,625
	42,000	*	Time Watch Investments Ltd		4,490
			TOTAL HONG KONG		3,905,740
HUNGARY - 0.2%
	15,374	e	Magyar Telekom		21,113
	9,609		MOL Hungarian Oil and Gas plc		721,799
	29,038	e	OTP Bank		584,430
			TOTAL HUNGARY		1,327,342

266

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
INDIA - 6.1%
	32,027		Adani Enterprises Ltd	$	92,125
	5,506		Aditya Birla Nuvo Ltd		105,732
	107,980		Ambuja Cements Ltd		297,402
	12,126		Apollo Hospitals Enterprise Ltd		187,090
	50,260		Asian Paints Ltd		419,380
	8,467		Associated Cement Co Ltd		163,597
	13,307		Bajaj Holdings and Investment Ltd		423,447
	11,784		Bank of Baroda		108,929
	14,596		Bank of India		44,304
	92,321		Bharat Heavy Electricals		240,202
	52,272		Bharat Petroleum Corp Ltd		278,269
	95,152		Bharti Airtel Ltd		539,731
	138,202		Cairn India Ltd		671,295
	11,542		Canara Bank		52,045
	59,235		Cipla Ltd		390,029
	129,723		Coal India Ltd		600,861
	64,298		Dabur India Ltd		170,672
	5,735		Divi S Laboratories Ltd		88,348
	53,688		DLF Ltd		132,377
	16,659		Dr Reddy’s Laboratories Ltd		622,322
	54,801		GAIL India Ltd		271,534
	1,505		GlaxoSmithKline Consumer Healthcare Ltd		115,637
	13,463		Godrej Consumer Products Ltd		176,599
	31,645		HCL Technologies Ltd		487,829
	257,599		HDFC Bank Ltd		2,584,287
	5,974		Hero Honda Motors Ltd		178,562
	165,251		Hindalco Industries Ltd		244,540
	110,414		Hindustan Lever Ltd		1,112,311
	245,369		Housing Development Finance Corp		3,237,593
	71,542		ICICI Bank Ltd		1,069,334
	104,970		Idea Cellular Ltd		291,346
	76,634		Infosys Technologies Ltd		3,764,208
	156,825		Infrastructure Development Finance Co Ltd		282,680
	374,596		ITC Ltd		2,106,058
	133,252		Jaiprakash Associates Ltd		79,348
	55,419		Jindal Steel & Power Ltd		182,233
	11,994		JSW Steel Ltd		111,628
	46,105		Kotak Mahindra Bank Ltd		494,709
	53,137		Larsen & Toubro Ltd		740,273
	45,007		LIC Housing Finance Ltd		122,756
	13,453		Lupin Ltd		192,726
	49,204		Mahindra & Mahindra Ltd		737,473
	57,851		Mundra Port and Special Economic Zone Ltd		119,110
	182,232		NTPC Ltd		391,891
	23,182		Oil India Ltd		197,052
	5,109		Piramal Healthcare Ltd		46,524
	39,802		Power Finance Corp Ltd		70,913
	177,252		Power Grid Corp of India Ltd		295,008
	17,131	*	Ranbaxy Laboratories Ltd		80,751
	14,450		Reliance Capital Ltd		81,495

267

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	82,042		Reliance Communication Ventures Ltd	$	188,153
	16,794		Reliance Energy Ltd		94,306
	233,270		Reliance Industries Ltd		3,342,158
	70,276	*	Reliance Power Ltd		84,432
	42,180		Rural Electrification Corp Ltd		109,845
	55,099		Sesa Goa Ltd		115,971
	20,292		Shriram Transport Finance Co Ltd		210,423
	10,237		Siemens India Ltd		86,274
	11,511		State Bank of India Ltd (GDR)		646,903
	197,289		Sterlite Industries India Ltd		243,483
	53,728		Sun Pharmaceutical Industries Ltd		499,001
	50,654	*,m	Sun Pharmaceutical Industries Ltd (Temporary)		470,451
	77,830		Tata Consultancy Services Ltd		2,323,919
	124,574		Tata Motors Ltd		595,027
	152,359		Tata Power Co Ltd		220,518
	44,487		Tata Steel Ltd		157,928
	11,827	*	Tech Mahindra Ltd		242,097
	28,481		Titan Industries Ltd		123,417
	6,613		Ultra Tech Cement Ltd		199,796
	145,087	*	Unitech Ltd		39,205
	9,145		United Breweries Ltd		103,525
	14,919		United Spirits Ltd		584,836
	48,770		UTI Bank Ltd		829,320
	78,830		Wipro Ltd		560,133
	3,902	*	Wockhardt Ltd		30,058
	42,909		ZEE Telefilms Ltd		174,463
			TOTAL INDIA		37,770,207
INDONESIA - 2.8%
	3,375,500		Adaro Energy Tbk		229,486
	1,861,000		Bank Rakyat Indonesia		1,491,393
	646,500	*	Exploitasi Energi Indonesia Tbk PT		16,985
	182,000		Indofood CBP Sukses Makmur Tbk		198,022
	54,000		PT Astra Agro Lestari Tbk		81,592
	3,366,500		PT Astra International Tbk		2,130,291
	2,042,500		PT Bank Central Asia Tbk		2,064,456
	471,766		PT Bank Danamon Indonesia Tbk		238,600
	1,562,271		PT Bank Mandiri Persero Tbk		1,352,162
	1,208,693		PT Bank Negara Indonesia		501,979
	1,212,500	*	PT Bumi Resources Tbk		60,074
	955,500		PT Bumi Serpong Damai		146,518
	1,150,500		PT Charoen Pokphand Indonesia Tbk		480,961
	369,000		PT Excelcomindo Pratama		161,567
	1,020,500		PT Global MediaCom Tbk		227,996
	75,500		PT Gudang Garam Tbk		310,655
	110,500		PT Indo Tambangraya Megah		259,917
	234,500		PT Indocement Tunggal Prakarsa Tbk		475,498
	715,000		PT Indofood Sukses Makmur Tbk		451,283
	159,500		PT Indosat Tbk		77,561
	310,500		PT Jasa Marga Tbk		161,527
	3,551,000		PT Kalbe Farma Tbk		493,305

268

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	2,993,000		PT Lippo Karawaci Tbk	$	372,297
	601,500		PT Media Nusantara Citra Tbk		181,248
	1,823,500		PT Perusahaan Gas Negara		1,047,198
	501,000		PT Semen Gresik Persero Tbk		741,018
	1,990,000	*	PT Sugih Energy Tbk		81,178
	213,500		PT Tambang Batubara Bukit Asam Tbk		206,634
	1,531,500		PT Telekomunikasi Indonesia Tbk  (Series B)		1,771,773
	249,000		PT Unilever Indonesia Tbk		768,878
	265,000		PT United Tractors Tbk		433,157
	147,500		PT Waskita Karya Persero Tbk		11,308
			TOTAL INDONESIA		17,226,517
KOREA, REPUBLIC OF - 14.2%
	530		Amorepacific Corp		447,239
	25,330		BS Financial Group		361,566
	9,784	e	Celltrion, Inc		569,574
	14,770		Cheil Communications, Inc		338,486
	8,145		Cheil Industries, Inc		644,083
	1,360		CJ CheilJedang Corp		342,994
	2,328		CJ Corp		237,146
	4,501		Daelim Industrial Co		355,760
	9,850	*,e	Daewoo Engineering & Construction Co Ltd		67,599
	7,110		Daewoo International Corp		243,058
	23,252		Daewoo Securities Co Ltd		205,904
	15,180	e	Daewoo Shipbuilding & Marine Engineering Co Ltd		400,034
	2,712	e	DC Chemical Co Ltd		401,423
	19,910		DGB Financial Group Co Ltd		298,302
	6,887		Dongbu Insurance Co Ltd		291,604
	1,348		Doosan Corp		170,835
	7,547		Doosan Heavy Industries and Construction Co Ltd		309,588
	14,570	*,e	Doosan Infracore Co Ltd		159,937
	3,619		E-Mart Co Ltd		681,079
	206		Global Display Co Ltd		3,557
	2,099		GLOVIS Co Ltd		361,619
	5,120		GS Engineering & Construction Corp		138,795
	11,289		GS Holdings Corp		554,377
	5,170		Halla Climate Control Corp		153,226
	46,147		Hana Financial Group, Inc		1,477,915
	11,781		Hankook Tire Co Ltd		630,186
	12,510		Hanwha Chemical Corp		209,150
	6,431		Hanwha Corp		175,832
	2,841		Honam Petrochemical Corp		429,394
	88,190	*	Hynix Semiconductor, Inc		2,133,381
	3,693		Hyosung Corp		221,457
	2,378		Hyundai Department Store Co Ltd		341,615
	7,890		Hyundai Development Co		139,945
	11,971		Hyundai Engineering & Construction Co Ltd		630,107
	6,999		Hyundai Heavy Industries		1,306,483
	4,158		Hyundai Hysco		145,862
	10,220		Hyundai Marine & Fire Insurance Co Ltd		280,391
	8,690	e	Hyundai Merchant Marine Co Ltd		124,005

269

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	1,660		Hyundai Mipo Dockyard	$	196,183
	11,444		Hyundai Mobis		2,789,739
	25,900		Hyundai Motor Co		5,355,432
	6,298		Hyundai Motor Co Ltd (2nd Preference)		596,512
	4,109		Hyundai Motor Co Ltd (Preference)		367,632
	12,770		Hyundai Securities Co		70,697
	8,766		Hyundai Steel Co		533,740
	2,396		Hyundai Wia Corp		349,683
	24,620		Industrial Bank of Korea		249,641
	18	*	i-SENS Inc		623
	4,130		Jinro Ltd		101,032
	16,340		Kangwon Land, Inc		415,912
	65,296		KB Financial Group, Inc		2,065,389
	665		KCC Corp		206,396
	44,489		Kia Motors Corp		2,519,016
	6,850		Korea Aerospace Industries Ltd		175,885
	44,600	*	Korea Electric Power Corp		1,138,560
	3,828		Korea Gas Corp		212,625
	5,500		Korea Investment Holdings Co Ltd		198,850
	2,096		Korea Kumho Petrochemical		167,395
	26,400		Korea Life Insurance Co Ltd		158,209
	1,317		Korea Zinc Co Ltd		336,839
	4,540	*	Korean Air Lines Co Ltd		113,962
	6,040		KT Corp		195,441
	19,304		KT&G Corp		1,300,766
	7,811		LG Chem Ltd		1,959,122
	1,399		LG Chem Ltd (Preference)		158,589
	15,853		LG Corp		921,334
	18,029	e	LG Electronics, Inc		1,169,497
	1,576		LG Household & Health Care Ltd		829,845
	1,505	*	LG Innotek Co Ltd		122,281
	34,440		LG Telecom Ltd		419,991
	38,610	*	LG.Philips LCD Co Ltd		957,878
	88		Lotte Confectionery Co Ltd		124,172
	1,805		Lotte Shopping Co Ltd		564,176
	2,611		LS Cable Ltd		167,331
	1,838		LS Industrial Systems Co Ltd		109,733
	2,889		Mirae Asset Securities Co Ltd		106,732
	2,365		NCsoft		358,388
	6,537		NHN Corp		1,707,822
	600		Orion Corp		544,769
	415		Pacific Corp		143,407
	11,078		POSCO		3,181,773
	2,144		S1 Corp (Korea)		132,636
	5,568		Samsung Card Co		187,052
	20,984		Samsung Corp		1,037,706
	9,903		Samsung Electro-Mechanics Co Ltd		712,237
	18,536		Samsung Electronics Co Ltd		21,122,077
	3,448		Samsung Electronics Co Ltd (Preference)		2,509,022
	4,451		Samsung Engineering Co Ltd		311,266
	5,948		Samsung Fire & Marine Insurance Co Ltd		1,269,561

270

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	27,090		Samsung Heavy Industries Co Ltd	$	962,209
	9,926		Samsung Life Insurance Co Ltd		949,309
	5,765		Samsung SDI Co Ltd		835,283
	9,951		Samsung Securities Co Ltd		407,446
	5,817		Samsung Techwin Co Ltd		364,337
	71,796		Shinhan Financial Group Co Ltd		2,617,118
	1,042		Shinsegae Co Ltd		202,759
	3,448		SK C&C Co Ltd		311,381
	4,404		SK Corp		691,839
	11,490		SK Energy Co Ltd		1,553,560
	14,850		SK Networks Co Ltd		85,829
	1,236		SK Telecom Co Ltd		242,171
	4,000	e	SK Telecom Co Ltd (ADR)		86,360
	9,955		S-Oil Corp		668,802
	8,482		Woongjin Coway Co Ltd		452,227
	59,600		Woori Finance Holdings Co Ltd		596,399
	17,881		Woori Investment & Securities Co Ltd		186,110
	1,187		Yuhan Corp		222,588
			TOTAL KOREA, REPUBLIC OF		88,063,791
MALAYSIA - 3.7%
	187,900		AirAsia BHD		182,760
	111,000		Alliance Financial Group BHD		183,403
	292,400		AMMB Holdings BHD		705,904
	19,500		Asiatic Development BHD		59,269
	243,300		Astro Malaysia Holdings BHD		224,778
	101,851		Berjaya Sports Toto BHD		131,238
	19,400		British American Tobacco Malaysia BHD		366,254
	219,400		Bumi Armada BHD		267,149
	766,300		Bumiputra-Commerce Holdings BHD		1,857,423
	579,900		Digi.Com BHD		830,831
	156,300		Felda Global Ventures Holdings BHD		212,033
	248,400		Gamuda BHD		364,213
	343,100		Genting BHD		1,038,674
	75,120		Hong Leong Bank BHD		318,987
	17,800		Hong Leong Credit BHD		76,666
	316,900	*	IHH Healthcare BHD		390,557
	163,400		IJM Corp BHD		291,394
	484,700		IOI Corp BHD		817,057
	74,200		Kuala Lumpur Kepong BHD		484,908
	48,200		Lafarge Malayan Cement BHD		153,634
	743,610		Malayan Banking BHD		2,350,655
	59,823		Malaysia Airports Holdings BHD		124,293
	380,900		Maxis BHD		835,246
	165,500	*	MISC BHD		277,534
	61,500		MMC Corp BHD		50,935
	56,931		Parkson Holdings BHD		63,179
	4,500	*	Perdana Petroleum BHD		2,565
	461,100		Petronas Chemicals Group BHD		940,790
	88,000		Petronas Dagangan BHD		727,004
	97,900		Petronas Gas BHD		628,961

271

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	67,700		PPB Group BHD	$	310,832
	163,700		Public Bank BHD (Foreign)		870,349
	497,600		Resorts World BHD		637,858
	93,166		RHB Capital BHD		236,745
	627,800	*	Sapurakencana Petroleum BHD		746,294
	494,100		Sime Darby BHD		1,444,046
	185,500		Telekom Malaysia BHD		301,352
	500,850		Tenaga Nasional BHD		1,373,016
	449,300		TM International BHD		939,930
	6,800	*	Tune Ins Holdings BHD		4,212
	178,100		UEM Land Holdings BHD		147,004
	81,800		UMW Holdings BHD		349,758
	742,300		YTL Corp BHD		381,866
	304,166		YTL Power International BHD		151,871
			TOTAL MALAYSIA		22,853,427
MEXICO - 5.4%
	477,950		Alfa S.A. de C.V. (Class A)		1,226,986
	6,456,970	e	America Movil S.A. de C.V. (Series L)		6,794,283
	22,641	*	Cemex Latam Holdings S.A.		182,825
	1,894,000	*,e	Cemex S.A. de C.V.		2,182,747
	74,460		Coca-Cola Femsa S.A. de C.V.		1,051,718
	152,586	e	Compartamos SAB de C.V.		276,196
	2,300		Concentradora Fibra Hotelera Mexicana S.A. de C.V.		4,522
	67,000		Controladora Comercial Mexicana S.A. de C.V.		283,521
	33,300		El Puerto de Liverpool SAB de C.V.		384,158
	52,525	e	Embotelladoras Arca SAB de C.V.		393,380
	224,400		Fibra Uno Administracion S.A. de C.V.		716,274
	331,237	e	Fomento Economico Mexicano S.A. de C.V.		3,303,358
	120,000	*,e	Genomma Lab Internacional S.A. de C.V.		281,380
	48,328		Grupo Aeroportuario del Pacifico S.A. de C.V. (B Shares)		251,577
	34,200	e	Grupo Aeroportuario del Sureste S.A. de C.V. (Class B)		405,599
	266,520	e	Grupo Bimbo S.A. de C.V. (Series A)		901,424
	80,198		Grupo Carso S.A. de C.V. (Series A1)		399,271
	52,100		Grupo Comercial Chedraui S.a. DE C.V.		168,952
	408,087		Grupo Financiero Banorte S.A. de C.V.		2,592,728
	368,532		Grupo Financiero Inbursa S.A.		864,147
	312,100		Grupo Financiero Santander Mexico SAB de C.V.		905,066
	643,456		Grupo Mexico S.A. de C.V. (Series B)		1,982,345
	434,626	e	Grupo Televisa S.A.		2,350,286
	28,800	*,e	Industrias CH SAB de C.V.		184,781
	21,472		Industrias Penoles S.A. de C.V.		674,869
	258,942		Kimberly-Clark de Mexico S.A. de C.V. (Class A)		851,466
	177,496	e	Mexichem SAB de C.V.		830,591
	83,040	*,e	Minera Frisco SAB de C.V.		182,298
	106,100	*,e	OHL Mexico SAB de CV		281,100
	906,189		Wal-Mart de Mexico S.A. de C.V. (Series V)		2,479,600
			TOTAL MEXICO		33,387,448

272

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
MOROCCO - 0.1%
	6,910		Attijariwafa Bank	$	267,389
	11,822		Douja Promotion Groupe Addoha S.A.		62,181
	12,297		Maroc Telecom		137,168
			TOTAL MOROCCO		466,738
PERU - 0.3%
	31,722		Cia de Minas Buenaventura S.A. (Series B)		453,625
	11,372		Credicorp Ltd (NY)		1,350,880
			TOTAL PERU		1,804,505
PHILIPPINES - 1.0%
	288,220		Aboitiz Equity Ventures, Inc		333,812
	290,000		Aboitiz Power Corp		233,381
	352,800		Alliance Global Group, Inc		213,432
	29,908		Ayala Corp		415,791
	857,300		Ayala Land, Inc		593,173
	243,556		Banco de Oro Universal Bank		454,161
	104,204		Bank of the Philippine Islands		225,762
	102,420		DMCI Holdings, Inc		125,450
	4,915		Globe Telecom, Inc		184,718
	122,900		International Container Term Services, Inc		259,359
	66,610		Jollibee Foods Corp		237,723
	1,949,800		Metro Pacific Investments Corp		242,347
	54,641		Metropolitan Bank & Trust		133,589
	7,440		Philippine Long Distance Telephone Co		519,666
	1,227,200		PNOC Energy Development Corp		170,642
	45,530		SM Investments Corp		995,828
	891,275		SM Prime Holdings		360,130
	146,320		Universal Robina		418,749
			TOTAL PHILIPPINES		6,117,713
POLAND - 1.5%
	5,257	*	Alior Bank S.A.		139,971
	2,446		Bank Handlowy w Warszawie S.A.		73,668
	34,133	*	Bank Millennium S.A.		66,241
	21,611		Bank Pekao S.A.		1,109,305
	4,310		Bank Zachodni WBK S.A.		438,188
	1,634		BRE Bank S.A.		219,434
	21,969	*	Cyfrowy Polsat S.A.		145,718
	10,755		Enea S.A.		45,475
	12,113		Eurocash S.A.		225,494
	18,197	*	Grupa Lotos S.A.		187,676
	4,931		Jastrzebska Spolka Weglowa S.A.		103,051
	24,021		KGHM Polska Miedz S.A.		832,368
	405,208		Polish Oil & Gas Co		785,438
	127,972		Polska Grupa Energetyczna S.A.		605,136
	601	*	Polski Holding Nieruchomosci S.A.		4,938
	64,607		Polski Koncern Naftowy Orlen S.A.		877,047
	148,290		Powszechna Kasa Oszczednosci Bank Polski S.A.		1,726,024

273

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	9,474		Powszechny Zaklad Ubezpieczen S.A.	$	1,344,907
	60,861		Synthos S.A.		83,662
	160,505		Tauron Polska Energia S.A.		220,607
	105,783		Telekomunikacja Polska S.A.		251,533
	6,955		Zaklady Azotowe w Tarnowie-Moscicach S.A.		141,716
			TOTAL POLAND		9,627,597
RUSSIA - 5.6%
	16,845		AFK Sistema (GDR)		370,072
	105,748	*	Federal Grid Co Unified Energy System JSC (GDR)		169,197
	335,000	d	Gazprom (ADR)		2,602,950
	700,884		Gazprom OAO (ADR)		5,416,147
	6,127		Gazpromneft OAO (ADR)		107,848
	14,992		Gold Wheaton Gold Corp (GDR)		63,416
	92,446		LUKOIL (ADR)		5,439,827
	43,123		Magnit OAO (GDR)		2,481,006
	11,500		MegaFon OAO (ADR)		365,456
	85,330		MMC Norilsk Nickel (ADR)		1,141,054
	83,519		Mobile TeleSystems (ADR)		1,627,785
	16,698		NovaTek OAO (GDR)		1,937,208
	227,100		Rosneft Oil Co (GDR)		1,604,514
	29,196		Rostelecom (ADR)		593,087
	154,380		RusHydro (ADR)		261,674
	478,923		Sberbank of Russian Federation (ADR)		5,497,890
	24,533		Severstal (GDR)		184,404
	237,239		Surgutneftegaz (ADR)		1,869,683
	43,768		Tatneft (GDR)		1,608,655
	6,861		TMK OAO (GDR)		92,623
	43,050		Uralkali (GDR)		932,521
	236,946		VTB Bank OJSC (GDR)		665,543
			TOTAL RUSSIA		35,032,560
SOUTH AFRICA - 6.9%
	52,721		ABSA Group Ltd		761,649
	117,508	e	African Bank Investments Ltd		173,305
	15,929		African Rainbow Minerals Ltd		261,780
	10,378	*,e	Anglo Platinum Ltd		367,160
	64,901		AngloGold Ashanti Ltd		851,596
	49,064		Aspen Pharmacare Holdings Ltd		1,087,509
	4,489		Assore Ltd		151,370
	33,235		Barloworld Ltd		275,525
	49,507		Bidvest Group Ltd		1,222,957
	44,018		Discovery Holdings Ltd		397,307
	532,162		FirstRand Ltd		1,596,369
	33,861	e	Foschini Ltd		344,628
	123,838		Gold Fields Ltd		742,027
	280,192		Growthpoint Properties Ltd		705,958
	60,433		Harmony Gold Mining Co Ltd		228,129
	90,667	e	Impala Platinum Holdings Ltd		890,550
	31,036		Imperial Holdings Ltd		646,890

274

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	37,734		Investec Ltd	$	252,854
	12,456	e	Kumba Iron Ore Ltd		551,580
	33,036	e	Kumba Resources Ltd		509,213
	16,705		Liberty Holdings Ltd		207,040
	152,652		Life Healthcare Group Holdings Pte Ltd		556,250
	15,690	e	Massmart Holdings Ltd		266,390
	152,059		Metropolitan Holdings Ltd		330,741
	37,912		Mr Price Group Ltd		494,207
	285,858	e	MTN Group Ltd		5,351,725
	96,635		Nampak Ltd		312,621
	66,536		Naspers Ltd (N Shares)		5,564,539
	33,062	e	Nedbank Group Ltd		595,358
	154,965		Network Healthcare Holdings Ltd		368,176
	39,424	*	Northam Platinum Ltd		144,596
	30,094	e	Pick’n Pay Stores Ltd		115,245
	70,625	e	PPC Ltd		207,605
	389,979		Redefine Income Fund Ltd		388,180
	80,272		Remgro Ltd		1,533,134
	24,623		Reunert Ltd		167,198
	110,128		RMB Holdings Ltd		452,736
	85,078		RMI Holdings		232,340
	294,384		Sanlam Ltd		1,414,727
	83,367	*,e	Sappi Ltd		222,471
	100,859		Sasol Ltd		4,633,917
	73,516		Shoprite Holdings Ltd		1,243,136
	26,862		Spar Group Ltd		312,029
	206,678		Standard Bank Group Ltd		2,311,042
	207,263	*,e	Steinhoff International Holdings Ltd		548,774
	27,687	e	Tiger Brands Ltd		861,030
	73,109	e	Truworths International Ltd		618,888
	61,105	e	Vodacom Group Pty Ltd		721,316
	125,165		Woolworths Holdings Ltd		853,841
			TOTAL SOUTH AFRICA		43,047,608
TAIWAN - 11.1%
	398,000	*	Acer, Inc		293,866
	1,040,372		Advanced Semiconductor Engineering, Inc		852,956
	39,900		Advantech Co Ltd		192,889
	376,849		Asia Cement Corp		472,389
	116,500		Asustek Computer, Inc		1,016,032
	1,461,000	*	AU Optronics Corp		526,239
	116,000		Catcher Technology Co Ltd		501,630
	1,222,664		Cathay Financial Holding Co Ltd		1,776,387
	117,000		Chailease Holding Co Ltd		280,669
	691,098		Chang Hwa Commercial Bank		396,174
	5,000		CHC Healthcare Group		13,726
	241,296		Cheng Shin Rubber Industry Co Ltd		798,292
	54,410		Cheng Uei Precision Industry Co Ltd		110,393
	74,113		Chicony Electronics Co Ltd		177,585
	319,333	*	China Airlines		118,213
	2,207,754		China Development Financial Holding Corp		624,666

275

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	329,675		China Life Insurance Co Ltd (Taiwan)	$	338,108
	23,000		China Motor Corp		19,375
	314,605		China Petrochemical Development Corp		161,022
	1,989,618		China Steel Corp		1,644,226
	2,166,980		Chinatrust Financial Holding Co		1,429,363
	661,600		Chunghwa Telecom Co Ltd		2,115,094
	64,497		Clevo Co		119,990
	668,000		Compal Electronics, Inc		462,768
	90,000		CTCI Corp		161,842
	306,000		Delta Electronics, Inc		1,484,324
	694,920		E.Sun Financial Holding Co Ltd		463,443
	131,000		Epistar Corp		218,149
	206,100	*	Eva Airways Corp		114,850
	241,299	*	Evergreen Marine Corp Tawain Ltd		135,141
	127,992		Far Eastern Department Stores Co Ltd		121,904
	512,895		Far Eastern Textile Co Ltd		578,670
	283,000		Far EasTone Telecommunications Co Ltd		720,047
	34,000		Farglory Land Development Co Ltd		61,780
	69,000		Feng Hsin Iron & Steel Co		121,557
	1,106,860		First Financial Holding Co Ltd		686,071
	547,270		Formosa Chemicals & Fibre Corp		1,361,382
	4,310		Formosa International Hotels Corp		55,395
	266,000		Formosa Petrochemical Corp		691,436
	699,600		Formosa Plastics Corp		1,757,939
	60,000		Formosa Taffeta Co Ltd		56,186
	129,722		Foxconn Technology Co Ltd		321,752
	1,155,812		Fubon Financial Holding Co Ltd		1,622,518
	1,357,800		Fuhwa Financial Holdings Co Ltd		708,172
	43,000		Giant Manufacturing Co Ltd		325,080
	5,000		Hermes Microvision, Inc		154,833
	119,500		High Tech Computer Corp		634,137
	39,200		Highwealth Construction Corp		87,389
	25,752		Hiwin Technologies Corp		160,808
	1,695,930		Hon Hai Precision Industry Co, Ltd		4,391,292
	38,000		Hotai Motor Co Ltd		419,940
	788,119		Hua Nan Financial Holdings Co Ltd		458,557
	1,104,694		InnoLux Display Corp		489,404
	347,060		Inventec Co Ltd		261,752
	41,000		Kinsus Interconnect Technology Corp		145,982
	17,000		Largan Precision Co Ltd		590,381
	54,042		LEE Chang Yung Chem IND Corp		73,429
	338,152		Lite-On Technology Corp		575,648
	206,352		MediaTek, Inc		2,477,232
	1,494,642		Mega Financial Holding Co Ltd		1,248,261
	31,000		Merida Industry Co Ltd		206,709
	29,513		MStar Semiconductor, Inc		233,598
	43,553		Nan Kang Rubber Tire Co Ltd		51,884
	786,000		Nan Ya Plastics Corp		1,650,683
	87,000		Novatek Microelectronics Corp Ltd		384,543
	253,000	*	Pegatron Technology Corp		373,505

276

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	22,000		Phison Electronics Corp	$	163,981
	347,000		Pou Chen Corp		355,086
	105,000		Powertech Technology, Inc		201,132
	99,000		President Chain Store Corp		737,639
	419,000		Quanta Computer, Inc		974,609
	68,814		Radiant Opto-Electronics Corp		215,387
	67,411		Realtek Semiconductor Corp		161,015
	87,735		Ruentex Development Co Ltd		171,464
	64,461		Ruentex Industries Ltd		147,487
	28,000		Scinopharm Taiwan Ltd		79,592
	1,069,563	*	Shin Kong Financial Holding Co Ltd		362,149
	493,000		Siliconware Precision Industries Co		571,327
	41,490		Simplo Technology Co Ltd		182,507
	1,059,040		SinoPac Financial Holdings Co Ltd		533,239
	51,240		Standard Foods Corp		154,832
	198,000		Synnex Technology International Corp		248,691
	1,099,590		Taishin Financial Holdings Co Ltd		511,474
	328,363	*	Taiwan Business Bank		99,785
	589,914		Taiwan Cement Corp		720,504
	915,165		Taiwan Cooperative Financial Holding		523,165
	140,000		Taiwan Fertilizer Co Ltd		342,002
	104,129		Taiwan Glass Industrial Corp		97,660
	290,200		Taiwan Mobile Co Ltd		1,054,209
	4,131,000		Taiwan Semiconductor Manufacturing Co Ltd		14,048,236
	299,000		Teco Electric and Machinery Co Ltd		325,703
	37,626		TPK Holding Co Ltd		441,620
	28,000		Transcend Information, Inc		81,220
	58,760		Tripod Technology Corp		122,312
	90,540		TSRC Corp		164,144
	117,000		Tung Ho Steel Enterprise Corp		99,052
	55,000		U-Ming Marine Transport Corp		83,246
	191,000		Unimicron Technology Corp		175,298
	717,754		Uni-President Enterprises Corp		1,463,997
	2,071,000		United Microelectronics Corp		926,323
	104,000		Vanguard International Semiconductor Corp		103,807
	434,000	*	Walsin Lihwa Corp		126,961
	88,000		Wan Hai Lines Ltd		47,073
	331,044		Wistron Corp		315,320
	210,500		WPG Holdings Co Ltd		261,760
	148,700	*	Yang Ming Marine Transport		63,211
	104,000		Yulon Motor Co Ltd		167,809
	33,127		Zhen Ding Technology Holding Ltd		74,643
			TOTAL TAIWAN		68,980,328
THAILAND - 2.6%
	164,200		Advanced Info Service PCL		1,458,390
	57,400		Airports of Thailand PCL		326,055
	210,500		Bangkok Bank PCL (Foreign)		1,406,243
	44,100		Bangkok Dusit Medical Services PCL		206,451
	264,800		Bank of Ayudhya PCL (Foreign)		315,358

277

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	16,000		Banpu PCL	$	118,056
	119,200		BEC World PCL (Foreign)		234,256
	1,076,800		Central Pattana PCL		1,480,972
	373,100		Charoen Pokphand Foods PCL		334,094
	686,200		CP Seven Eleven PCL		783,759
	40,900		Glow Energy PCL		89,373
	885,400		Home Product Center PCL		333,473
	149,178		Indorama Ventures PCL (Foreign)		84,758
	1,944,800		IRPC PCL		197,502
	285,500		Kasikornbank PCL (Foreign)		1,706,080
	485,050		Krung Thai Bank PCL		272,744
	195,700		Minor International PCL (Foreign)		143,595
	247,984		PTT Exploration & Production PCL		1,236,154
	252,741		PTT Global Chemical PCL		533,237
	152,300		PTT PCL		1,610,299
	7,700		Siam Cement PCL		112,606
	51,200		Siam Cement PCL (Foreign)		751,549
	258,700		Siam Commercial Bank PCL		1,310,169
	13,200		Siam Makro PCL		327,421
	186,600		Thai Oil PCL		363,395
	717,100	*	True Corp PCL		179,569
			TOTAL THAILAND		15,915,558
TURKEY - 1.7%
	302,973		Akbank TAS		1,159,983
	31,606		Anadolu Efes Biracilik Ve Malt Sanayii AS		434,979
	32,178		Arcelik AS		214,437
	35,354		BIM Birlesik Magazalar AS		813,343
	9,456		Coca-Cola Icecek AS		265,713
	61,054		Emlak Konut Gayrimenkul Yatiri		84,596
	59,448		Enka Insaat ve Sanayi AS		163,883
	228,251		Eregli Demir ve Celik Fabrikalari TAS		226,384
	8,900		Ford Otomotiv Sanayi AS		127,689
	133,516		Haci Omer Sabanci Holding AS		667,476
	7,035	*	Halk Gayrimenkul Yatrm Ortakli		4,323
	100,436		KOC Holding AS		442,891
	6,898		Koza Altin Isletmeleri AS		95,095
	23,631		TAV Havalimanlari Holding AS		147,700
	12,526		Tofas Turk Otomobil Fabrik		82,763
	30,254		Tupras Turkiye Petrol Rafine		647,695
	87,287		Turk Hava Yollari		366,538
	74,771		Turk Sise ve Cam Fabrikalari AS		107,343
	71,496		Turk Telekomunikasyon AS		256,073
	132,075	*	Turkcell Iletisim Hizmet AS		766,003
	395,806		Turkiye Garanti Bankasi AS		1,544,673
	107,326		Turkiye Halk Bankasi AS		806,227
	280,703		Turkiye Is Bankasi (Series C)		743,509
	120,429		Turkiye Vakiflar Bankasi Tao		262,129
	134,576		Yapi ve Kredi Bankasi		292,827
			TOTAL TURKEY		10,724,272

278

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
UKRAINE - 0.0%
	7,192	*	Kernel Holding S.A.	$	112,255
			TOTAL UKRAINE		112,255
UNITED STATES - 2.7%
	134,000	e	iShares MSCI Emerging Markets		5,221,980
	30,000	*	iShares MSCI South Korea Index Fund		1,674,900
	27,496		Southern Copper Corp (NY)		716,821
	229,682		Vanguard Emerging Markets ETF		8,975,972
			TOTAL UNITED STATES		16,589,673
			TOTAL COMMON STOCKS		599,595,183
			(Cost $627,342,439)
PREFERRED STOCKS - 0.7%
BRAZIL - 0.7%
	116,207	*	Ambev Cia De Bebidas Das		4,381,162
			TOTAL BRAZIL		4,381,162
PHILIPPINES - 0.0%
	307,700	*,m	Ayala Land, Inc (Preferred B)		708
			TOTAL PHILIPPINES		708
			TOTAL PREFERRED STOCKS		4,381,870
			(Cost $4,068,673)
RIGHTS / WARRANTS - 0.0%
BRAZIL - 0.0%
	3,344		MPX Energia S.A.		674
			TOTAL BRAZIL		674
			TOTAL RIGHTS / WARRANTS		674
			(Cost $0)

279

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
SHORT-TERM INVESTMENTS - 6.6%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 6.6%
	40,947,601	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	40,947,601
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		40,947,601
			TOTAL SHORT-TERM INVESTMENTS		40,947,601
			(Cost $40,947,601)
			TOTAL INVESTMENTS - 103.7%		644,925,328
			(Cost $672,358,713)
			OTHER ASSETS & LIABILITIES, NET - (3.7)%		(23,273,409	)
			NET ASSETS - 100.0%	$	621,651,919

	Abbreviation(s):
	ADR     American Depositary Receipt
	ETF      Exchange Traded Fund
	GDR     Global Depositary Receipt
*	Non-income producing
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of these securities have been segregated to cover margin or other requirements on open futures transactions.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $38,457,214.
m	Indicates a security that has been deemed illiquid.

280

TIAA-CREF LIFE FUNDS - Emerging Markets Equity Index Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY INDEX FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2013

SECTOR	VALUE			% OF  NET ASSETS
FINANCIALS	$	177,606,350			28.6	%
INFORMATION TECHNOLOGY		85,729,814			13.8
ENERGY		68,327,220			11.0
MATERIALS		56,023,227			9.0
CONSUMER STAPLES		54,356,837			8.7
CONSUMER DISCRETIONARY		49,504,053			8.0
TELECOMMUNICATION SERVICES		46,767,734			7.5
INDUSTRIALS		36,968,731			5.9
UTILITIES		19,706,755			3.2
HEALTH CARE		8,987,006			1.4
SHORT - TERM INVESTMENTS		40,947,601			6.6
OTHER ASSETS & LIABILITIES, NET		(23,273,409	)		(3.7	)
NET ASSETS	$	621,651,919			100.0	%

281

TIAA-CREF FUNDS - International Equity Index Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2013

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.4%
AUSTRALIA - 7.7%
	219,754		AGL Energy Ltd	$	2,872,707
	148,863	*,e	ALS Ltd		1,134,577
	1,041,043	*,e	Alumina Ltd		906,105
	484,866		Amcor Ltd		4,607,930
	1,191,449		AMP Ltd		4,837,851
	334,332	e	APA Group		1,803,168
	394,943		Asciano Group		1,801,804
	1,116,773		Australia & New Zealand Banking Group Ltd		29,837,600
	78,282		Australian Stock Exchange Ltd		2,448,857
	165,813	e	Bendigo Bank Ltd		1,590,686
	1,307,399		BHP Billiton Ltd		40,875,458
	308,791	e	Boral Ltd		1,176,061
	632,437		Brambles Ltd		5,156,415
	54,899		Caltex Australia Ltd		922,881
	882,665		CFS Gandel Retail Trust		1,625,875
	230,576		Coca-Cola Amatil Ltd		2,661,323
	23,337	e	Cochlear Ltd		1,280,526
	655,280		Commonwealth Bank of Australia		43,678,046
	191,988		Computershare Ltd		1,687,940
	166,146		Crown Ltd		1,910,225
	202,710		CSL Ltd		12,038,339
	1,963,880		DB RREEF Trust		1,851,188
	319,663		Echo Entertainment Group Ltd		753,632
	590,327		Federation Centres		1,242,336
	22,603	e	Flight Centre Ltd		921,576
	645,096	e	Fortescue Metals Group Ltd		2,117,973
	707,634		GPT Group (ASE)		2,326,698
	220,625	e	Harvey Norman Holdings Ltd		526,995
	172,977	e	Iluka Resources Ltd		1,710,434
	655,161		Incitec Pivot Ltd		1,548,211
	836,003		Insurance Australia Group Ltd		4,364,431
	71,433	e	Leighton Holdings Ltd		1,059,849
	217,975		Lend Lease Corp Ltd		1,716,895
	696,510		Macquarie Goodman Group		2,952,777
	124,313		Macquarie Group Ltd		4,899,646
	364,583	e	Metcash Ltd		1,130,034
	1,496,998		Mirvac Group		2,205,553
	953,551		National Australia Bank Ltd		26,756,523
	311,252		Newcrest Mining Ltd		3,428,402
	148,625		Orica Ltd		2,414,702
	441,166		Origin Energy Ltd		4,734,520
	448,578	*	Qantas Airways Ltd		507,852
	486,948		QBE Insurance Group Ltd		7,191,686
	826,210		QR National Ltd		3,370,069

282

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	53,450		Ramsay Health Care Ltd	$	1,768,321
	177,326		Rio Tinto Ltd		9,170,639
	389,329		Santos Ltd		4,777,282
	131,676		Seek Ltd		1,115,853
	155,106		Sonic Healthcare Ltd		1,995,987
	675,389		SP AusNet		715,942
	894,425		Stockland Trust Group		2,877,169
	524,058		Suncorp-Metway Ltd		6,028,678
	96,434		Sydney Airport		311,175
	298,816	e	Tabcorp Holdings Ltd		877,705
	574,107		Tattersall’s Ltd		1,645,708
	1,776,913		Telstra Corp Ltd		7,961,804
	280,463		Toll Holdings Ltd		1,342,496
	576,141		Transurban Group		3,509,068
	278,586		Treasury Wine Estates Ltd		1,193,727
	409,114		Wesfarmers Ltd		14,911,153
	861,900		Westfield Group		8,692,890
	1,234,727		Westfield Retail Trust		3,337,196
	1,263,546		Westpac Banking Corp		35,051,722
	254,751	e	Whitehaven Coal Ltd		449,998
	267,573		Woodside Petroleum Ltd		9,035,322
	506,606		Woolworths Ltd		15,171,076
	84,346		WorleyParsons Ltd		1,668,763
			TOTAL AUSTRALIA		378,196,030
AUSTRIA - 0.3%
	29,115		Andritz AG.		1,573,526
	111,323	e	Erste Bank der Oesterreichischen Sparkassen AG.		3,375,122
	69,565	m,*,e	Immoeast AG.		0
	383,184		Immofinanz Immobilien Anlagen AG.		1,569,361
	28,580		Oest Elektrizitatswirts AG. (Class A)		563,092
	59,877		OMV AG.		2,648,880
	19,037		Raiffeisen International Bank Holding AG.		577,762
	90,500		Telekom Austria AG.		628,685
	45,379		Voestalpine AG.		1,740,898
	15,511		Wiener Staedtische Allgemeine Versicherung AG.		801,012
			TOTAL AUSTRIA		13,478,338
BELGIUM - 1.2%
	93,962		Ageas		3,763,675
	60,913	e	Belgacom S.A.		1,490,959
	30,899		Colruyt S.A.		1,762,013
	41,649	e	Delhaize Group		2,748,040
	32,336		Groupe Bruxelles Lambert S.A.		2,624,484
	326,544		InBev NV		31,400,897
	92,995		KBC Groep NV		3,743,850
	23,882		Solvay S.A.		3,237,306
	20,503		Telenet Group Holding NV		992,716
	45,311		UCB S.A.		2,609,039
	45,891		Umicore		2,065,826
			TOTAL BELGIUM		56,438,805

283

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
CHINA - 0.1%
	296,500	e	AAC Technologies Holdings, Inc	$	1,379,648
	1,481,500		BOC Hong Kong Holdings Ltd		4,647,844
	873,000	*,e	Yangzijiang Shipbuilding		641,855
			TOTAL CHINA		6,669,347
DENMARK - 1.1%
	216		AP Moller - Maersk AS (Class A)		1,597,435
	534		AP Moller - Maersk AS (Class B)		4,187,448
	43,189		Carlsberg AS (Class B)		4,280,946
	45,169		Coloplast AS		2,638,635
	266,444	*	Danske Bank AS		4,904,470
	76,416		DSV AS		2,002,609
	165,799		Novo Nordisk AS (Class B)		28,130,452
	94,231		Novozymes AS		3,229,944
	306,843		TDC AS		2,685,030
	10,038		TrygVesta AS		909,851
	10,970	*,e	William Demant Holding		966,110
			TOTAL DENMARK		55,532,930
FINLAND - 0.8%
	56,268	e	Elisa Oyj (Series A)		1,211,621
	180,786	e	Fortum Oyj		3,575,871
	26,023		Kesko Oyj (B Shares)		818,446
	63,515	e	Kone Oyj (Class B)		4,730,481
	51,177		Metso Oyj		1,803,005
	53,073	e	Neste Oil Oyj		766,907
	1,521,629	*,e	Nokia Oyj		6,015,649
	46,359	e	Nokian Renkaat Oyj		2,058,969
	56,832		OKO Bank (Class A)		984,355
	39,934	e	Orion Oyj (Class B)		977,532
	171,621		Sampo Oyj (A Shares)		7,516,392
	226,091	e	Stora Enso Oyj (R Shares)		1,677,280
	214,502	e	UPM-Kymmene Oyj		2,388,002
	72,123	e	Wartsila Oyj (B Shares)		3,269,588
			TOTAL FINLAND		37,794,098
FRANCE - 9.5%
	64,068		Accor S.A.		2,414,963
	12,179	e	Aeroports de Paris		1,258,111
	127,458	e	Air Liquide		16,920,236
	87,999	e	Alstom RGPT		2,977,730
	25,659		Arkema		2,571,483
	22,402		Atos Origin S.A.		1,685,200
	729,167		AXA S.A.		16,071,874
	404,405		BNP Paribas		26,220,505
	79,720		Bouygues S.A.		2,334,357
	88,749		Bureau Veritas S.A.		2,634,451
	58,283		Cap Gemini S.A.		3,187,719
	245,063		Carrefour S.A.		7,508,100
	22,761		Casino Guichard Perrachon S.A.		2,343,848
	22,173		Christian Dior S.A.		3,929,131

284

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	65,258		CNP Assurances	$	1,103,668
	162,031		Compagnie de Saint-Gobain		7,526,173
	64,297	*	Compagnie Generale de Geophysique S.A.		1,623,192
	83,017		Compagnie Generale d’Optique Essilor International S.A.		9,291,013
	409,050	*	Credit Agricole S.A.		3,904,730
	25,339		Dassault Systemes S.A.		3,330,956
	81,575		Edenred		2,614,298
	98,149		Electricite de France		2,877,044
	12,985		Eurazeo		834,260
	237,026		European Aeronautic Defence and Space Co		14,194,279
	58,409		Eutelsat Communications		1,632,489
	11,479		Fonciere Des Regions		941,633
	752,605	*	France Telecom S.A.		7,422,982
	539,128		Gaz de France		11,307,837
	8,698		Gecina S.A.		1,065,159
	232,306		Groupe Danone		18,397,595
	223,908		Groupe Eurotunnel S.A.		1,756,598
	14,585		Icade		1,318,860
	9,526		Iliad S.A.		2,247,541
	14,998		Imerys S.A.		991,619
	28,530	e	JC Decaux S.A.		913,779
	41,130		Klepierre		1,784,445
	75,780	e	Lafarge S.A.		4,847,568
	45,337		Lagardere S.C.A.		1,436,584
	101,662		Legrand S.A.		5,267,806
	98,474		L’Oreal S.A.		16,507,339
	103,105		LVMH Moet Hennessy Louis Vuitton S.A.		18,768,137
	74,137		Michelin (C.G.D.E.) (Class B)		7,434,261
	377,096		Natixis		1,926,941
	86,303	e	Pernod-Ricard S.A.		10,297,379
	30,766	e	PPR		7,055,688
	72,478	e	Publicis Groupe S.A.		5,847,226
	10,230	e	Remy Cointreau S.A.		1,059,372
	78,379		Renault S.A.		6,175,438
	60,850		Rexel S.A.		1,480,016
	101,761		Safran S.A.		5,975,860
	485,566		Sanofi-Aventis		50,830,849
	214,672		Schneider Electric S.A.		17,100,951
	62,052		SCOR		1,977,412
	12,063		Societe BIC S.A.		1,339,970
	285,694		Societe Generale		11,494,286
	38,020		Sodexho Alliance S.A.		3,472,816
	114,112		Suez Environnement S.A.		1,619,031
	41,332	e	Technip S.A.		4,560,511
	37,022		Thales S.A.		1,906,489
	866,676		Total S.A.		46,183,776
	38,631		Unibail-Rodamco		9,386,033
	43,279		Vallourec		2,556,335
	143,347	e	Veolia Environnement		1,929,800
	188,761		Vinci S.A.		10,210,244
	483,827		Vivendi Universal S.A.		10,345,518
	12,886	e	Wendel		1,489,860

285

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	13,807	e	Zodiac S.A.	$	2,005,933
			TOTAL FRANCE		461,627,287
GERMANY - 8.6%
	85,094		Adidas-Salomon AG.		9,484,996
	185,576		Allianz AG.		28,918,568
	18,372	e	Axel Springer AG.		961,889
	373,886		BASF AG.		33,136,933
	336,195		Bayer AG.		39,077,583
	134,654		Bayerische Motoren Werke AG.		13,179,773
	21,950		Bayerische Motoren Werke AG. (Preference)		1,668,789
	41,420		Beiersdorf AG.		3,830,276
	20,950		Brenntag AG.		3,448,005
	35,030		Celesio AG.		791,624
	395,585	*	Commerzbank AG.		3,367,394
	44,750		Continental AG.		7,046,738
	390,900		Daimler AG. (Reg)		27,117,328
	414,847		Deutsche Bank AG.		18,715,141
	78,372		Deutsche Boerse AG.		5,552,253
	92,999		Deutsche Lufthansa AG.		1,863,674
	367,900		Deutsche Post AG.		10,287,959
	1,141,318		Deutsche Telekom AG.		13,878,398
	731,578		E.ON AG.		12,421,534
	14,250	e	Fraport AG. Frankfurt Airport Services Worldwide		922,518
	86,736		Fresenius Medical Care AG.		5,476,877
	50,723		Fresenius SE		6,385,396
	15,036	e	Fuchs Petrolub AG. (Preference)		1,122,015
	73,201		GEA Group AG.		3,025,240
	24,533		Hannover Rueckversicherung AG.		1,822,129
	56,924		HeidelbergCement AG.		4,385,456
	52,493		Henkel KGaA		4,350,117
	72,490		Henkel KGaA (Preference)		7,085,824
	12,519		Hochtief AG.		953,514
	13,068		Hugo Boss AG.		1,517,256
	439,180		Infineon Technologies AG.		3,897,237
	70,212	e	K&S AG.		1,734,278
	35,970		Kabel Deutschland Holding AG.		4,049,745
	34,320		Lanxess AG.		2,148,222
	75,472		Linde AG.		14,538,377
	14,039	e	MAN AG.		1,600,439
	26,279		Merck KGaA		4,341,919
	52,848		Metro AG.		1,823,546
	73,018		Muenchener Rueckver AG.		14,499,385
	33,865	*	Osram Licht AG.		1,320,032
	62,290		Porsche AG.		5,281,366
	42,156	e	ProSiebenSat.1 Media AG.		1,726,189
	198,300		RWE AG.		5,972,666
	15,797	e	RWE AG. (Preference)		473,591
	374,897	*	SAP AG.		27,469,232
	322,705		Siemens AG.		35,443,089
	34,738	*,e	Suedzucker AG.		1,134,769
	112,286		Telefonica Deutschland Holding AG.		769,095

286

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	157,249	*	ThyssenKrupp AG.	$	3,416,185
	43,617		United Internet AG.		1,424,685
	11,946		Volkswagen AG.		2,714,684
	58,847		Volkswagen AG. (Preference)		13,960,465
			TOTAL GERMANY		421,534,393
GREECE - 0.0%
	100,000	*	Hellenic Telecommunications Organization S.A.		902,886
	97,260		OPAP S.A.		872,871
			TOTAL GREECE		1,775,757
HONG KONG - 2.8%
	4,898,200		AIA Group Ltd		23,184,832
	98,300	e	ASM Pacific Technology		1,067,494
	476,255	e	Bank of East Asia Ltd		1,785,286
	539,000		Cathay Pacific Airways Ltd		996,532
	562,000		Cheung Kong Holdings Ltd		7,888,377
	249,000		Cheung Kong Infrastructure Holdings Ltd		1,719,149
	713,000		CLP Holdings Ltd		5,910,726
	1,145,750		First Pacific Co		1,294,832
	848,000	*,e	Galaxy Entertainment Group Ltd		4,463,337
	894,000		Hang Lung Properties Ltd		2,893,988
	311,000	e	Hang Seng Bank Ltd		4,756,845
	427,355		Henderson Land Development Co Ltd		2,661,626
	895,000		HKT Trust and HKT Ltd		874,429
	2,319,084		Hong Kong & China Gas Ltd		5,941,384
	557,000		Hong Kong Electric Holdings Ltd		5,000,538
	441,634	e	Hong Kong Exchanges and Clearing Ltd		6,861,903
	239,040		Hopewell Holdings		757,445
	864,000		Hutchison Whampoa Ltd		9,745,153
	263,792		Hysan Development Co Ltd		1,119,309
	275,123		Kerry Properties Ltd		1,130,994
	2,386,600	e	Li & Fung Ltd		3,154,020
	920,008		Link Real Estate Investment Trust		4,492,302
	588,643		MTR Corp		2,188,616
	1,530,030	e	New World Development Ltd		2,231,677
	1,669,999		Noble Group Ltd		1,173,327
	602,283		NWS Holdings Ltd		923,522
	112,300		Orient Overseas International Ltd		622,262
	1,606,000		PCCW Ltd		730,891
	978,800		Sands China Ltd		5,290,200
	622,192		Shangri-La Asia Ltd		978,073
	1,179,367		Sino Land Co		1,663,795
	799,000		SJM Holdings Ltd		2,000,603
	646,378		Sun Hung Kai Properties Ltd		8,616,561
	271,500		Swire Pacific Ltd (Class A)		3,202,250
	475,600		Swire Properties Ltd		1,396,798
	612,762		Wharf Holdings Ltd		5,264,957

287

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	367,000		Wheelock & Co Ltd	$	1,908,565
	2,016		Wing Hang Bank Ltd		18,679
	342,500		Yue Yuen Industrial Holdings		942,170
			TOTAL HONG KONG		136,853,447
INDIA - 0.0%
	36,430		Vedanta Resources plc		644,944
			TOTAL INDIA		644,944
IRELAND - 0.5%
	8,386,021	*	Bank of Ireland		1,889,561
	294,119		CRH plc		6,180,888
	197,116	*	Elan Corp plc		3,014,375
	67,097	*,m	Irish Bank Resolution Corp Ltd		0
	179,316		James Hardie Industries NV		1,489,485
	60,706		Kerry Group plc (Class A)		3,731,122
	41,178		Ryanair Holdings plc		380,902
	6,628		Ryanair Holdings plc (ADR)		341,474
	226,715		Shire Ltd		8,270,902
			TOTAL IRELAND		25,298,709
ISRAEL - 0.5%
	429,178		Bank Hapoalim Ltd		2,052,314
	499,908	*	Bank Leumi Le-Israel		1,677,214
	755,608		Bezeq Israeli Telecommunication Corp Ltd		1,220,555
	1,655		Delek Group Ltd		464,755
	179,468		Israel Chemicals Ltd		1,431,122
	1,095	*	Israel Corp Ltd		513,347
	14,767	*	Mellanox Technologies Ltd		666,006
	59,619	*	Mizrahi Tefahot Bank Ltd		635,762
	23,952		Nice Systems Ltd		927,074
	344,283		Teva Pharmaceutical Industries Ltd		13,683,031
			TOTAL ISRAEL		23,271,180
ITALY - 2.0%
	476,397		Assicurazioni Generali S.p.A.		9,424,010
	136,095	e	Autostrade S.p.A.		2,590,956
	4,734,977		Banca Intesa S.p.A.		9,032,186
	2,438,952	*,e	Banca Monte dei Paschi di Siena S.p.A.		668,423
	349,258	e	Banche Popolari Unite Scpa		1,488,793
	711,944		Enel Green Power S.p.A		1,584,731
	2,667,717		Enel S.p.A.		8,926,749
	1,034,775		ENI S.p.A.		22,855,202
	26,149		Exor S.p.A.		862,058
	346,407		Fiat Industrial S.p.A.		4,276,809
	359,450	*	Fiat S.p.A.		2,866,028
	169,768	*,e	Finmeccanica S.p.A.		888,175
	67,456		Luxottica Group S.p.A.		3,573,808
	217,368	e	Mediobanca S.p.A.		1,339,104
	95,677	e	Pirelli & C S.p.A.		1,256,427
	83,247		Prysmian S.p.A.		1,692,484

288

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	109,103		Saipem S.p.A.	$	2,325,773
	818,734		Snam Rete Gas S.p.A.		3,869,382
	2,451,559		Telecom Italia RSP		1,291,853
	4,073,655		Telecom Italia S.p.A.		2,794,561
	603,917		Terna Rete Elettrica Nazionale S.p.A.		2,697,440
	1,768,558		UniCredit S.p.A		9,660,402
			TOTAL ITALY		95,965,354
JAPAN - 21.5%
	11,500		ABC-Mart, Inc		518,624
	15,830	*	Acom Co Ltd		485,318
	64,200		Advantest Corp		836,272
	242,800		Aeon Co Ltd		3,337,066
	26,900	e	Aeon Credit Service Co Ltd		784,324
	46,350		Aeon Mall Co Ltd		1,152,643
	60,000		Air Water, Inc		879,039
	76,900		Aisin Seiki Co Ltd		3,046,359
	245,000		Ajinomoto Co, Inc		3,417,519
	16,700		Alfresa Holdings Corp		828,467
	462,000	e	All Nippon Airways Co Ltd		951,361
	146,000		Amada Co Ltd		1,047,464
	447,000		Aozora Bank Ltd		1,380,873
	156,700		Asahi Breweries Ltd		3,991,600
	411,000		Asahi Glass Co Ltd		2,658,198
	505,000		Asahi Kasei Corp		3,193,729
	70,800		Asics Corp		1,189,314
	180,400		Astellas Pharma, Inc		9,648,309
	125,000		Bank of Kyoto Ltd		998,169
	475,000		Bank of Yokohama Ltd		2,603,334
	29,200		Benesse Corp		1,006,974
	264,400		Bridgestone Corp		9,361,555
	96,400		Brother Industries Ltd		1,070,327
	7,400		Calbee, Inc		712,157
	460,900		Canon, Inc		14,216,071
	88,900	e	Casio Computer Co Ltd		792,296
	58,600		Central Japan Railway Co		7,178,580
	303,000		Chiba Bank Ltd		2,096,305
	66,000		Chiyoda Corp		783,059
	262,200		Chubu Electric Power Co, Inc		3,635,323
	89,958		Chugai Pharmaceutical Co Ltd		1,783,697
	62,000		Chugoku Bank Ltd		805,038
	120,300		Chugoku Electric Power Co, Inc		1,766,896
	114,300		Citizen Watch Co Ltd		652,589
	25,600		Coca-Cola West Japan Co Ltd		497,266
	222,000	*	Cosmo Oil Co Ltd		411,910
	64,300		Credit Saison Co Ltd		1,439,388
	228,000		Dai Nippon Printing Co Ltd		2,028,954
	119,000		Daicel Chemical Industries Ltd		1,024,258
	112,000		Daido Steel Co Ltd		648,522

289

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	78,000		Daihatsu Motor Co Ltd	$	1,714,470
	3,461		Dai-ichi Mutual Life Insurance Co		4,711,095
	271,700		Daiichi Sankyo Co Ltd		4,421,514
	95,300		Daikin Industries Ltd		3,959,397
	62,600		Dainippon Sumitomo Pharma Co Ltd		830,269
	29,300		Daito Trust Construction Co Ltd		2,677,263
	206,000		Daiwa House Industry Co Ltd		3,783,350
	678,000		Daiwa Securities Group, Inc		5,751,605
	42,700	e	Dena Co Ltd		810,227
	198,200		Denso Corp		8,996,634
	73,400		Dentsu, Inc		2,337,237
	22,000		Don Quijote Co Ltd		1,150,675
	136,900		East Japan Railway Co		11,013,930
	102,300		Eisai Co Ltd		4,324,137
	48,600		Electric Power Development Co		1,607,447
	23,800	e	FamilyMart Co Ltd		1,050,165
	78,000		Fanuc Ltd		11,810,174
	21,600		Fast Retailing Co Ltd		7,377,118
	236,000		Fuji Electric Holdings Co Ltd		881,700
	188,200		Fuji Folms Holdings Corp		4,123,562
	238,000		Fuji Heavy Industries Ltd		5,859,918
	751,000		Fujitsu Ltd		2,874,975
	315,000		Fukuoka Financial Group, Inc		1,419,072
	275,000		Furukawa Electric Co Ltd		663,878
	43,200	e	Gree, Inc		350,330
	1,400	*,e	GungHo Online Entertainment Inc		1,139,780
	148,000		Gunma Bank Ltd		836,692
	167,000		Hachijuni Bank Ltd		979,768
	10,620		Hakuhodo DY Holdings, Inc		730,890
	28,200		Hamamatsu Photonics KK		979,075
	457,000		Hankyu Hanshin Holdings, Inc		2,614,286
	106,000		Hino Motors Ltd		1,624,409
	12,300		Hirose Electric Co Ltd		1,639,902
	203,000		Hiroshima Bank Ltd		843,803
	26,100		Hisamitsu Pharmaceutical Co, Inc		1,436,767
	40,200		Hitachi Chemical Co Ltd		676,388
	42,600		Hitachi Construction Machinery Co Ltd		838,073
	25,300		Hitachi High-Technologies Corp		551,412
	1,965,000		Hitachi Ltd		13,163,850
	78,000		Hitachi Metals Ltd		936,373
	77,300	*,e	Hokkaido Electric Power Co, Inc		1,009,079
	492,000		Hokuhoku Financial Group, Inc		927,340
	70,800		Hokuriku Electric Power Co		1,021,032
	663,300		Honda Motor Co Ltd		24,569,330
	174,700		Hoya Corp		3,765,067
	44,800		Ibiden Co Ltd		667,674
	8,500	e	Idemitsu Kosan Co Ltd		707,871
	893		Inpex Holdings, Inc		3,904,467
	141,880		Isetan Mitsukoshi Holdings Ltd		1,956,692

290

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	536,000	e	Ishikawajima-Harima Heavy Industries Co Ltd	$	2,254,743
	483,000		Isuzu Motors Ltd		3,424,660
	612,200		Itochu Corp		7,270,839
	9,300		Itochu Techno-Science Corp		368,507
	100,000		Iyo Bank Ltd		953,873
	195,400		J Front Retailing Co Ltd		1,552,632
	24,600		Japan Airlines Co Ltd		1,304,570
	11,900		Japan Petroleum Exploration Co		510,555
	334		Japan Prime Realty Investment Corp		913,298
	243		Japan Real Estate Investment Corp		2,562,458
	845		Japan Retail Fund Investment Corp		1,663,918
	132,000		Japan Steel Works Ltd		740,404
	448,000		Japan Tobacco, Inc		15,640,051
	199,800		JFE Holdings, Inc		4,506,616
	85,000		JGC Corp		2,996,047
	269,000		Joyo Bank Ltd		1,447,000
	72,500		JSR Corp		1,308,743
	82,000		JTEKT Corp		1,028,096
	913,500		JX Holdings, Inc		4,848,791
	344,000		Kajima Corp		1,208,881
	97,000		Kamigumi Co Ltd		804,008
	108,000		Kaneka Corp		730,329
	287,500	*	Kansai Electric Power Co, Inc		3,514,772
	93,000	e	Kansai Paint Co Ltd		1,204,923
	213,800		Kao Corp		6,846,338
	604,000		Kawasaki Heavy Industries Ltd		2,206,257
	218,800		KDDI Corp		12,106,017
	191,000	e	Keihin Electric Express Railway Co Ltd		1,593,600
	235,000		Keio Corp		1,653,478
	111,000		Keisei Electric Railway Co Ltd		1,068,014
	18,500		Keyence Corp		6,032,088
	61,000		Kikkoman Corp		1,049,519
	55,000		Kinden Corp		534,457
	661,000	e	Kintetsu Corp		2,838,034
	352,000		Kirin Brewery Co Ltd		5,204,360
	1,014,000	*	Kobe Steel Ltd		1,600,134
	44,000		Koito Manufacturing Co Ltd		848,430
	379,700		Komatsu Ltd		8,453,433
	40,000		Konami Corp		885,167
	196,500		Konica Minolta Holdings, Inc		1,607,807
	444,000		Kubota Corp		6,463,493
	138,600		Kuraray Co Ltd		1,890,314
	44,100		Kurita Water Industries Ltd		899,287
	65,900		Kyocera Corp		6,678,212
	98,000		Kyowa Hakko Kogyo Co Ltd		976,755
	172,600	*	Kyushu Electric Power Co, Inc		2,400,716
	26,600		Lawson, Inc		2,084,453
	108,800		LIXIL Group Corp		2,551,301
	11,900		Mabuchi Motor Co Ltd		617,371

291

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	45,500		Makita Corp	$	2,366,944
	671,000		Marubeni Corp		4,658,518
	90,700		Marui Co Ltd		882,048
	19,900		Maruichi Steel Tube Ltd		478,767
	898,100	*	Matsushita Electric Industrial Co Ltd		7,967,372
	1,099,000	*	Mazda Motor Corp		4,578,990
	27,600	e	McDonald’s Holdings Co Japan Ltd		766,077
	53,100		Mediceo Paltac Holdings Co Ltd		658,651
	24,100		MEIJI Holdings Co Ltd		1,130,524
	281,800		Millea Holdings, Inc		8,994,191
	24,100		Miraca Holdings, Inc		1,162,195
	553,000		Mitsubishi Chemical Holdings Corp		2,594,771
	573,000		Mitsubishi Corp		10,439,447
	785,000		Mitsubishi Electric Corp		7,612,364
	510,000		Mitsubishi Estate Co Ltd		12,927,924
	158,000		Mitsubishi Gas Chemical Co, Inc		1,167,967
	1,234,000		Mitsubishi Heavy Industries Ltd		6,625,745
	48,000		Mitsubishi Logistics Corp		699,266
	460,000		Mitsubishi Materials Corp		1,618,107
	170,000	*,e	Mitsubishi Motors Corp		2,238,939
	5,186,380		Mitsubishi UFJ Financial Group, Inc		32,171,148
	228,400		Mitsubishi UFJ Lease & Finance Co Ltd		1,167,773
	707,600		Mitsui & Co Ltd		9,478,047
	353,000	e	Mitsui Chemicals, Inc		815,496
	341,000		Mitsui Fudosan Co Ltd		10,278,519
	451,000	*	Mitsui OSK Lines Ltd		1,734,237
	205,900		Mitsui Sumitomo Insurance Group Holdings, Inc		5,328,955
	1,344,000		Mitsui Trust Holdings, Inc		6,181,145
	9,342,107		Mizuho Financial Group, Inc		19,429,902
	82,500		Murata Manufacturing Co Ltd		5,666,076
	46,000		Nabtesco Corp		963,133
	72,300		Namco Bandai Holdings, Inc		1,169,674
	1,031,000		NEC Corp		2,330,068
	50,400		Nexon Co Ltd		636,273
	111,000		NGK Insulators Ltd		1,479,092
	73,088		NGK Spark Plug Co Ltd		1,449,938
	65,600		NHK Spring Co Ltd		760,767
	41,300	e	Nidec Corp		3,391,842
	138,600		Nikon Corp		2,893,145
	43,300		Nintendo Co Ltd		5,516,775
	280		Nippon Building Fund, Inc		3,043,428
	156,000		Nippon Electric Glass Co Ltd		837,960
	328,000		Nippon Express Co Ltd		1,547,943
	68,000		Nippon Meat Packers, Inc		1,046,399
	105	*	Nippon ProLogis REIT, Inc		910,535
	3,095,000		Nippon Steel Corp		8,979,300
	177,800		Nippon Telegraph & Telephone Corp		8,970,091
	660,000		Nippon Yusen Kabushiki Kaisha		1,827,318
	270,000		Nishi-Nippon City Bank Ltd		695,884

292

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	1,011,600		Nissan Motor Co Ltd	$	10,563,310
	75,500		Nisshin Seifun Group, Inc		874,649
	99		Nisshin Steel Holdings Co Ltd		863
	25,100		Nissin Food Products Co Ltd		997,572
	13,700		Nitori Co Ltd		1,168,825
	66,500		Nitto Denko Corp		3,746,075
	134,900		NKSJ Holdings, Inc		3,384,139
	37,700		NOK Corp		599,699
	1,479,300		Nomura Holdings, Inc		11,238,637
	49,700		Nomura Real Estate Holdings, Inc		1,155,936
	148		Nomura Real Estate Office Fund, Inc		646,491
	41,200		Nomura Research Institute Ltd		1,348,394
	190,000		NSK Ltd		1,776,325
	506		NTT Data Corp		1,813,255
	6,220		NTT DoCoMo, Inc		9,473,548
	497		NTT Urban Development Corp		599,118
	264,000		Obayashi Corp		1,409,158
	252,000	e	Odakyu Electric Railway Co Ltd		2,392,170
	333,000	e	OJI Paper Co Ltd		1,418,666
	97,500	*	Olympus Corp		2,979,985
	83,100		Omron Corp		2,569,822
	33,200		Ono Pharmaceutical Co Ltd		2,127,874
	15,300		Oracle Corp Japan		595,994
	20,200		Oriental Land Co Ltd		3,286,841
	448,500	*	ORIX Corp		6,656,262
	756,000		Osaka Gas Co Ltd		3,199,847
	20,800	e	Osaka Securities Exchange Co Ltd		1,955,587
	6,700		Otsuka Corp		756,423
	146,200		Otsuka Holdings KK		4,719,425
	39,600		Park24 Co Ltd		729,009
	293,800		Rakuten, Inc		3,961,145
	767,600		Resona Holdings, Inc		3,808,662
	274,000		Ricoh Co Ltd		3,075,981
	14,300		Rinnai Corp		1,047,004
	39,200		Rohm Co Ltd		1,511,221
	23,800		Sankyo Co Ltd		1,050,972
	18,200	e	Sanrio Co Ltd		886,552
	30,000		Santen Pharmaceutical Co Ltd		1,306,987
	84,840		SBI Holdings, Inc		887,725
	85,100		Secom Co Ltd		4,683,901
	75,600		Sega Sammy Holdings, Inc		1,757,659
	172,000		Sekisui Chemical Co Ltd		1,724,219
	220,000	e	Sekisui House Ltd		2,838,567
	306,300		Seven & I Holdings Co Ltd		11,538,730
	236,900		Seven Bank Ltd		876,458
	426,000	*,e	Sharp Corp		1,750,892
	73,000	*	Shikoku Electric Power Co, Inc		1,305,459
	96,000		Shimadzu Corp		756,080
	8,800		Shimamura Co Ltd		1,008,918

293

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	31,600		Shimano, Inc	$	2,848,633
	236,000		Shimizu Corp		981,530
	167,000		Shin-Etsu Chemical Co Ltd		10,404,171
	702,000		Shinsei Bank Ltd		1,556,880
	121,300		Shionogi & Co Ltd		2,460,605
	146,000		Shiseido Co Ltd		2,243,179
	228,000		Shizuoka Bank Ltd		2,465,646
	109,600		Shoei Co Ltd		1,311,625
	621,000	e	Showa Denko KK		835,081
	78,400		Showa Shell Sekiyu KK		722,123
	21,900		SMC Corp		4,631,435
	386,300		Softbank Corp		24,520,922
	512,300		Sojitz Holdings Corp		871,038
	284		So-net M3, Inc		781,708
	411,700	e	Sony Corp		8,643,626
	72,200		Sony Financial Holdings, Inc		1,184,323
	55,600		Stanley Electric Co Ltd		1,076,146
	46,200		Sumco Corp		407,363
	601,009		Sumitomo Chemical Co Ltd		1,975,643
	457,400		Sumitomo Corp		6,112,823
	305,500		Sumitomo Electric Industries Ltd		4,122,734
	230,000		Sumitomo Heavy Industries Ltd		1,067,208
	213,000		Sumitomo Metal Mining Co Ltd		2,776,317
	518,600		Sumitomo Mitsui Financial Group, Inc		23,692,870
	145,000		Sumitomo Realty & Development Co Ltd		6,058,267
	70,400		Sumitomo Rubber Industries, Inc		1,171,489
	50,000	*	Suntory Beverage & Food Ltd		1,761,822
	74,000		Suruga Bank Ltd		1,313,280
	27,800		Suzuken Co Ltd		868,898
	148,300		Suzuki Motor Corp		3,545,841
	28,900		Sysmex Corp		1,863,738
	234,000		T&D Holdings, Inc		2,955,494
	502,000		Taiheiyo Cement Corp		1,687,203
	394,000		Taisei Corp		1,533,652
	12,900		Taisho Pharmaceutical Holdings Co Ltd		878,697
	96,000	e	Taiyo Nippon Sanso Corp		676,495
	114,000		Takashimaya Co Ltd		1,120,346
	321,400		Takeda Pharmaceutical Co Ltd		14,332,551
	88,400		Tanabe Seiyaku Co Ltd		1,190,810
	50,800		TDK Corp		1,829,236
	378,000		Teijin Ltd		819,620
	61,500		Terumo Corp		3,109,598
	45,400		THK Co Ltd		945,364
	408,000		Tobu Railway Co Ltd		2,104,532
	45,300		Toho Co Ltd		943,961
	172,000	e	Toho Gas Co Ltd		859,429
	183,200	*	Tohoku Electric Power Co, Inc		2,138,056
	592,900	*	Tokyo Electric Power Co, Inc		3,617,709
	69,600		Tokyo Electron Ltd		3,166,219

294

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	991,000		Tokyo Gas Co Ltd	$	5,447,392
	168,000		Tokyo Tatemono Co Ltd		1,391,537
	463,000		Tokyu Corp		3,007,155
	181,000		Tokyu Land Corp		1,722,939
	112,000		TonenGeneral Sekiyu KK		1,083,128
	224,000		Toppan Printing Co Ltd		1,520,162
	596,000		Toray Industries, Inc		3,794,235
	1,635,000		Toshiba Corp		7,072,445
	125,000		Toto Ltd		1,274,340
	64,300		Toyo Seikan Kaisha Ltd		1,062,492
	35,000		Toyo Suisan Kaisha Ltd		1,094,237
	25,300		Toyoda Gosei Co Ltd		621,061
	35,000	e	Toyota Boshoku Corp		506,232
	66,300		Toyota Industries Corp		2,721,586
	1,122,800		Toyota Motor Corp		68,323,107
	87,200		Toyota Tsusho Corp		2,312,396
	43,200	*	Trend Micro, Inc		1,434,638
	28,100	e	Tsumura & Co		800,427
	432,000		UBE Industries Ltd		818,980
	46,300	e	Uni-Charm Corp		2,464,812
	941		United Urban Investment Corp		1,168,658
	8,750		USS Co Ltd		1,045,364
	67,300		West Japan Railway Co		2,841,788
	5,966		Yahoo! Japan Corp		3,170,586
	35,700	e	Yakult Honsha Co Ltd		1,663,135
	37,160	e	Yamada Denki Co Ltd		1,503,772
	82,000		Yamaguchi Financial Group, Inc		780,525
	67,700		Yamaha Corp		867,328
	114,800		Yamaha Motor Co Ltd		1,537,760
	15,900		Yamato Kogyo Co Ltd		515,252
	147,700		Yamato Transport Co Ltd		3,238,023
	45,000		Yamazaki Baking Co Ltd		530,736
	91,000	e	Yaskawa Electric Corp		1,084,313
	88,800		Yokogawa Electric Corp		1,148,558
	83,000		Yokohama Rubber Co Ltd		817,053
			TOTAL JAPAN		1,047,529,847
JERSEY, C.I. - 0.0%
	35,856		Randgold Resources Ltd		2,641,733
			TOTAL JERSEY, C.I.		2,641,733
LUXEMBOURG - 0.3%
	407,309		ArcelorMittal		5,321,218
	25,201	e	Millicom International Cellular S.A.		2,018,034
	123,263		SES Global S.A.		3,628,088
	191,918	e	Tenaris S.A.		4,281,785
			TOTAL LUXEMBOURG		15,249,125

295

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
MACAU - 0.1%
	386,000		MGM China Holdings Ltd	$	1,112,272
	632,800	e	Wynn Macau Ltd		1,792,687
			TOTAL MACAU		2,904,959
MEXICO - 0.0%
	74,098		Fresnillo plc		1,163,603
			TOTAL MEXICO		1,163,603
NETHERLANDS - 4.6%
	722,638		Aegon NV		5,568,185
	96,888		Akzo Nobel NV		5,906,853
	145,094		ASML Holding NV		13,070,020
	30,708		Boskalis Westminster		1,155,686
	26,840		Corio NV		1,170,309
	205,527	*	D.E Master Blenders 1753 NV		3,390,443
	76,855		Delta Lloyd NV		1,660,884
	63,029		DSM NV		4,429,619
	28,520		Fugro NV		1,739,495
	32,200		Gemalto NV		3,372,214
	41,214		Heineken Holding NV		2,585,318
	93,427		Heineken NV		6,562,478
	1,561,129	*	ING Groep NV		15,934,350
	409,680		Koninklijke Ahold NV		6,749,409
	389,661		Koninklijke Philips Electronics NV		12,460,929
	28,609		Koninklijke Vopak NV		1,647,990
	99,660	*	Qiagen N.V.		2,047,562
	48,985		Randstad Holdings NV		2,369,480
	280,151		Reed Elsevier NV		5,366,922
	1,535,345		Royal Dutch Shell plc (A Shares)		52,387,757
	1,064,689		Royal Dutch Shell plc (B Shares)		37,658,479
	1,315,019		Royal KPN NV		3,462,902
	147,779	e	TNT Express NV		1,163,095
	665,568		Unilever NV		26,703,546
	122,128		Wolters Kluwer NV		2,950,109
	68,791		Ziggo NV		2,737,931
			TOTAL NETHERLANDS		224,251,965
NEW ZEALAND - 0.1%
	410,927		Auckland International Airport Ltd		1,032,592
	157,123		Contact Energy Ltd		673,535
	279,722	e	Fletcher Building Ltd		1,815,408
	227,114		Sky City Entertainment Group Ltd		759,339
	735,663		Telecom Corp of New Zealand Ltd		1,323,104
			TOTAL NEW ZEALAND		5,603,978
NORWAY - 0.8%
	76,292		Aker Kvaerner ASA		1,149,705
	396,637		DNB NOR Holding ASA		6,598,228
	80,587		Gjensidige Forsikring BA		1,247,240

296

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	358,720	e	Norsk Hydro ASA	$	1,524,919
	303,482		Orkla ASA		2,343,807
	152,548	e	Seadrill Ltd		6,520,865
	453,114		Statoil ASA		9,835,579
	285,560		Telenor ASA		6,324,208
	74,996		Yara International ASA		3,365,637
			TOTAL NORWAY		38,910,188
PORTUGAL - 0.2%
	731,804	*,e	Banco Espirito Santo S.A.		712,555
	805,894	e	Energias de Portugal S.A.		2,865,024
	111,612		Galp Energia SGPS S.A.		1,782,789
	102,333		Jeronimo Martins SGPS S.A.		2,021,815
	257,935	e	Portugal Telecom SGPS S.A.		984,120
			TOTAL PORTUGAL		8,366,303
SINGAPORE - 1.6%
	826,960		Ascendas Real Estate Investment Trust		1,494,712
	831,000		CapitaCommercial Trust		917,228
	1,044,000		CapitaLand Ltd		2,648,413
	963,330		CapitaMall Trust		1,535,283
	577,000	e	CapitaMalls Asia Ltd		904,091
	163,400	e	City Developments Ltd		1,365,516
	829,000	*	ComfortDelgro Corp Ltd		1,304,872
	697,500		DBS Group Holdings Ltd		9,153,232
	2,440,400	e	Genting International plc		2,545,390
	1,258,000		Global Logistic Properties		2,805,374
	2,855,647	e	Golden Agri-Resources Ltd		1,178,144
	2,123,300		Hutchison Port Holdings Trust		1,569,306
	44,009	e	Jardine Cycle & Carriage Ltd		1,393,860
	578,400		Keppel Corp Ltd		4,708,087
	300,000		Keppel Land Ltd		869,132
	631,700	e	Olam International Ltd		842,577
	1,051,520		Oversea-Chinese Banking Corp		8,729,872
	414,460		SembCorp Industries Ltd		1,654,629
	353,600	e	SembCorp Marine Ltd		1,264,290
	212,933		Singapore Airlines Ltd		1,692,907
	333,000		Singapore Exchange Ltd		1,996,531
	644,000	e	Singapore Press Holdings Ltd		2,222,953
	628,000		Singapore Technologies Engineering Ltd		2,114,788
	3,247,403		Singapore Telecommunications Ltd		10,027,777
	243,000		StarHub Ltd		841,104
	519,000		United Overseas Bank Ltd		8,755,086
	203,000		United Overseas Land Ltd		1,115,000
	775,000		Wilmar International Ltd		1,918,307
			TOTAL SINGAPORE		77,568,461

297

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
SPAIN - 2.9%
	145,679	e	Abertis Infraestructuras S.A. (Continuous)	$	2,705,103
	10,634	e	Acciona S.A.		501,440
	62,753		ACS Actividades Cons y Servicios S.A.		1,806,975
	153,935	e	Amadeus IT Holding S.A.		5,294,183
	2,246,981		Banco Bilbao Vizcaya Argentaria S.A.		21,308,096
	1,089,109	e	Banco de Sabadell S.A.		2,230,291
	530,385	*,e	Banco Popular Espanol S.A.		2,331,307
	4,339,823		Banco Santander Central Hispano S.A.		31,749,738
	1,200,000	*	Bankia S.A.		1,058,426
	160,049		Cintra Concesiones de Infraestructuras de Transporte S.A.		2,730,438
	312,711	e	Corp Mapfre S.A.		1,144,676
	504,371	e	Criteria Caixacorp S.A.		1,860,402
	248,687		Distribuidora Internacional de Alimentacion S.A.		2,057,939
	75,830		Enagas		1,873,861
	142,380		Gas Natural SDG S.A.		2,898,769
	62,276		Grifols S.A.		2,630,175
	2,027,481		Iberdrola S.A.		11,219,346
	88,827		Inditex S.A.		11,857,037
	44,586	e	Red Electrica de Espana		2,486,231
	350,488		Repsol YPF S.A.		8,400,180
	1,666,786	*	Telefonica S.A.		23,821,993
	70,211	*,e	Zardoya Otis S.A.		1,022,982
			TOTAL SPAIN		142,989,588
SWEDEN - 3.2%
	125,821		Alfa Laval AB		2,855,345
	135,733		Assa Abloy AB (Class B)		6,017,919
	272,035	e	Atlas Copco AB (A Shares)		7,096,213
	158,803		Atlas Copco AB (B Shares)		3,720,129
	114,794		Boliden AB		1,620,923
	97,786		Electrolux AB (Series B)		2,851,194
	150,969	e	Elekta AB (B Shares)		2,585,277
	1,235,976		Ericsson (LM) (B Shares)		14,609,615
	82,511	e	Getinge AB (B Shares)		3,051,297
	388,050	e	Hennes & Mauritz AB (B Shares)		14,502,022
	97,467		Hexagon AB (B Shares)		2,977,619
	169,733	e	Husqvarna AB (B Shares)		1,020,119
	47,271	e	Industrivarden AB		848,945
	186,284		Investor AB (B Shares)		5,593,202
	82,191		Kinnevik Investment AB (Series B)		2,474,275
	91,166	*	Lundin Petroleum AB		2,002,084
	1,071,909		Nordea Bank AB		13,587,013
	78,673	e	Ratos AB (B Shares)		701,840
	430,822	e	Sandvik AB		5,453,654
	130,150		Scania AB (B Shares)		2,715,293
	130,017		Securitas AB (B Shares)		1,267,270
	618,152		Skandinaviska Enskilda Banken AB (Class A)		6,823,414
	151,800		Skanska AB (B Shares)		2,864,350

298

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	159,445		SKF AB (B Shares)	$	4,425,417
	237,364		Svenska Cellulosa AB (B Shares)		6,278,921
	202,647		Svenska Handelsbanken (A Shares)		9,193,315
	369,435		Swedbank AB (A Shares)		8,905,328
	84,356		Swedish Match AB		3,155,028
	129,828		Tele2 AB		1,664,154
	969,187		TeliaSonera AB		7,009,959
	612,862	e	Volvo AB (B Shares)		9,028,190
			TOTAL SWEDEN		156,899,324
SWITZERLAND - 9.3%
	895,093		ABB Ltd		19,733,162
	43,826		Actelion Ltd		2,912,531
	53,649		Adecco S.A.		3,410,970
	35,455		Aryzta AG.		2,189,478
	19,111		Baloise Holding AG.		2,074,768
	1,321		Banque Cantonale Vaudoise		680,338
	863	e	Barry Callebaut AG.		836,200
	82,010		Coca-Cola HBC AG.		2,125,780
	212,134		Compagnie Financiere Richemont S.A.		20,751,488
	611,069		Credit Suisse Group		17,949,405
	3,271	e	EMS-Chemie Holding AG.		1,148,230
	15,652		Geberit AG.		4,199,159
	3,354	e	Givaudan S.A.		4,668,264
	4,066,212		Glencore International AG.		17,172,220
	92,900		Holcim Ltd		6,720,552
	91,077		Julius Baer Group Ltd		4,145,729
	21,767	e	Kuehne & Nagel International AG.		2,634,322
	338		Lindt & Spruengli AG.		1,327,898
	41		Lindt & Spruengli AG. (Reg)		1,863,087
	21,199	e	Lonza Group AG.		1,631,663
	1,313,819		Nestle S.A.		88,922,684
	935,637		Novartis AG.		67,259,915
	9,977		Pargesa Holding S.A.		716,351
	7,061		Partners Group		1,869,811
	20,666		Phonak Holding AG.		2,280,807
	285,862		Roche Holding AG.		70,347,487
	19,455		Schindler Holding AG.		2,783,737
	9,320		Schindler Holding AG. (Reg)		1,299,466
	2,224		SGS S.A.		5,033,820
	865		Sika AG.		2,408,931
	260,610		STMicroelectronics NV		2,232,650
	9,289		Sulzer AG.		1,388,264
	12,500		Swatch Group AG.		7,428,150
	17,653		Swatch Group AG. Reg		1,822,887
	12,843		Swiss Life Holding		2,304,684
	23,036		Swiss Prime Site AG.		1,694,102
	143,630		Swiss Re Ltd		11,451,910
	9,366	e	Swisscom AG.		4,186,991

299

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	37,982	e	Syngenta AG.	$	15,018,538
	1,483,778		UBS AG. (Switzerland)		29,217,102
	60,475		Zurich Financial Services AG.		16,290,043
			TOTAL SWITZERLAND		454,133,574
UNITED KINGDOM - 19.3%
	392,497		3i Group plc		2,285,241
	383,303		Aberdeen Asset Management plc		2,243,463
	106,929	e	Acergy S.A.		2,033,589
	79,824		Admiral Group plc		1,704,371
	109,140	e	Aggreko plc		2,958,722
	120,669		AMEC plc		1,976,898
	566,564		Anglo American plc (London)		12,153,141
	161,822	e	Antofagasta plc		2,170,786
	566,207		ARM Holdings plc		7,597,516
	144,956		Associated British Foods plc		4,288,209
	508,161		AstraZeneca plc		25,776,840
	1,199,731		Aviva plc		6,769,358
	145,177		Babcock International Group		2,598,048
	1,319,606		BAE Systems plc		8,949,227
	4,971,295		Barclays plc		21,719,508
	1,382,547		BG Group plc		24,930,312
	859,652		BHP Billiton plc		24,607,069
	7,799,251		BP plc		53,883,675
	786,930		British American Tobacco plc		41,980,174
	380,470		British Land Co plc		3,459,056
	424,668		British Sky Broadcasting plc		5,349,857
	3,203,522		BT Group plc		16,575,605
	135,170		Bunzl plc		2,901,477
	178,774		Burberry Group plc		4,167,350
	266,147		Capita Group plc		4,228,036
	74,484		Carnival plc		2,867,194
	2,106,464		Centrica plc		12,523,318
	438,546		Cobham plc		1,921,303
	743,204		Compass Group plc		10,160,974
	53,962		Croda International plc		2,060,998
	1,021,274		Diageo plc		32,005,516
	328,945		Direct Line Insurance Group plc		1,134,925
	64,473		easyJet plc		1,385,642
	410,665		Experian Group Ltd		7,700,393
	656,914		GKN plc		3,493,660
	1,998,557		GlaxoSmithKline plc		51,130,341
	574,362	e	Group 4 Securicor plc		1,976,498
	286,474		Hammerson plc		2,309,841
	85,260		Hargreaves Lansdown plc		1,271,750
	7,524,457		HSBC Holdings plc		85,428,572
	227,363		ICAP plc		1,405,753
	128,472		IMI plc		2,683,392
	400,571		Imperial Tobacco Group plc		13,445,149

300

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	188,803		Inmarsat plc	$	1,964,588
	108,446		InterContinental Hotels Group plc		3,146,857
	377,923	*,e	International Consolidated Airlines		1,676,337
	65,027		Intertek Group plc		2,993,786
	275,778		Invensys plc		2,089,293
	226,197		Investec plc		1,513,396
	1,502,559		ITV plc		3,864,492
	499,516		J Sainsbury plc		2,993,366
	83,068		Johnson Matthey plc		3,584,288
	962,919		Kingfisher plc		5,825,647
	317,516		Land Securities Group plc		4,589,891
	2,404,553		Legal & General Group plc		7,056,251
	271,701		Liberty International plc		1,390,824
	18,608,255	*	Lloyds TSB Group plc		19,374,293
	71,673		London Stock Exchange Group plc		1,710,297
	655,048		Marks & Spencer Group plc		4,789,923
	319,939		Meggitt plc		2,667,856
	515,241		Melrose Industries plc		2,213,139
	1,497,364		National Grid plc		17,895,490
	65,561		Next plc		4,976,079
	1,988,767		Old Mutual plc		5,873,457
	330,062	e	Pearson plc		6,776,417
	122,866		Persimmon plc		2,309,102
	106,014	e	Petrofac Ltd		2,115,179
	1,040,959		Prudential plc		18,487,232
	263,213		Reckitt Benckiser Group plc		18,738,278
	483,873		Reed Elsevier plc		6,263,170
	573,084		Resolution Ltd		2,820,208
	321,693		Rexam plc		2,406,325
	517,184		Rio Tinto plc		23,273,426
	764,908		Rolls-Royce Group plc		13,637,615
	1,452,783		Royal & Sun Alliance Insurance Group plc		2,767,334
	869,432	*	Royal Bank of Scotland Group plc		4,198,485
	389,718		SABMiller plc		19,102,310
	453,514		Sage Group plc		2,417,451
	43,319		Schroders plc		1,613,214
	388,198		Scottish & Southern Energy plc		9,293,283
	301,658		Segro plc		1,424,825
	209,403		Serco Group plc		2,002,403
	96,454		Severn Trent plc		2,597,867
	361,697		Smith & Nephew plc		4,309,505
	158,219		Smiths Group plc		3,327,796
	981,958		Standard Chartered plc		22,775,249
	958,313		Standard Life plc		5,533,982
	192,114		Tate & Lyle plc		2,454,142
	3,276,334		Tesco plc		18,314,483
	99,649		Travis Perkins plc		2,578,460
	181,424		TUI Travel plc		1,053,709

301

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	367,050		Tullow Oil plc	$	5,806,254
	524,057		Unilever plc		21,281,150
	279,287		United Utilities Group plc		3,063,215
	19,925,809		Vodafone Group plc		59,679,276
	86,251		Weir Group plc		2,821,810
	72,100		Whitbread plc		3,545,989
	348,370		William Hill plc		2,577,691
	903,338		WM Morrison Supermarkets plc		3,976,039
	111,174		Wolseley plc		5,322,455
	513,496		WPP plc		9,270,704
			TOTAL UNITED KINGDOM		944,338,330
UNITED STATES - 0.4%
	206,399	d	iShares MSCI EAFE Index Fund		12,460,308
	146,097		Transocean Ltd		6,889,890
			TOTAL UNITED STATES		19,350,198
			TOTAL COMMON STOCKS		4,856,981,795
			(Cost $4,381,687,909)
RIGHTS / WARRANTS - 0.0%
AUSTRALIA - 0.0%
	1	e	ALS Ltd		1
	989,098	m	GPT Group		0
			TOTAL AUSTRALIA		1
FRANCE - 0.0%
	7	*	Groupe Fnac		19
			TOTAL FRANCE		19
HONG KONG - 0.0%
	17,875	m	New World Development Co Ltd		0
			TOTAL HONG KONG		0
SPAIN - 0.0%
	4,339,823	*,e,m	Banco Santander S.A.		962,116
	504,371	e	CaixaBank		35,563
	70,211	m	Zardoya Otis S.A.		40,919
			TOTAL SPAIN		1,038,598
			TOTAL RIGHTS / WARRANTS		1,038,618
			(Cost $926,665)

302

TIAA-CREF FUNDS - International Equity Index Fund

PRINCIPAL			ISSUER	RATE		MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 5.0%
TREASURY DEBT - 0.1%
$	2,300,000	d	United States Treasury Bill		0.025%	08/01/13	$	2,300,000
			TOTAL TREASURY DEBT					2,300,000
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 4.9%
	239,422,902	a,c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust					239,422,902
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES					239,422,902
			TOTAL SHORT-TERM INVESTMENTS					241,722,902
			(Cost $241,722,902)
			TOTAL INVESTMENTS - 104.4%					5,099,743,315
			(Cost $4,624,337,476)
			OTHER ASSETS & LIABILITIES, NET - (4.4)%					(217,204,004	)
			NET ASSETS - 100.0%				$	4,882,539,311

	Abbreviation(s):
	ADR    American Depositary Receipt
	REIT    Real Estate Investment Trust
*	Non-income producing
a	Affiliated holding.
c	Investments made with cash collateral received from securities on loan.
d	All or a portion of these securities have been segregated to cover margin or other requirements on open futures transactions.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $227,899,544.
m	Indicates a security that has been deemed illiquid.

303

TIAA-CREF LIFE FUNDS - International Equity Index Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY INDEX FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2013

				% OF
SECTOR	VALUE			NET ASSETS
FINANCIALS	$	1,241,291,305			25.4	%
INDUSTRIALS		616,693,130			12.6
CONSUMER DISCRETIONARY		573,396,810			11.7
CONSUMER STAPLES		564,954,906			11.6
HEALTH CARE		496,253,918			10.2
MATERIALS		385,104,935			7.9
ENERGY		338,601,122			6.9
TELECOMMUNICATION SERVICES		254,149,132			5.2
INFORMATION TECHNOLOGY		206,378,237			4.2
UTILITIES		181,196,918			3.7
SHORT - TERM INVESTMENTS		241,722,902			5.0
OTHER ASSETS & LIABILITIES, NET		(217,204,004	)		(4.4	)
NET ASSETS	$	4,882,539,311			100.0	%

304

Note 1—organization and significant accounting policies

TIAA-CREF Funds (the “Trust”) is a Delaware statutory trust that was organized on April 15, 1999 and is registered with the Securities and Exchange Commission (“Commission”) under the Investment Company Act of 1940, as amended (“1940 Act”), as an open-end management investment company. The following TIAA-CREF Funds are included in this report: Enhanced Large-Cap Growth Index Fund, Enhanced Large-Cap Value Index Fund, Growth & Income Fund, Large-Cap Growth Fund, Large-Cap Value Fund, Mid-Cap Growth Fund, Mid-Cap Value Fund, Small-Cap Equity Fund, Social Choice Equity Fund, Emerging Markets Equity Fund, Enhanced International Equity Index Fund, Global Natural Resources Fund, International Equity Fund, International Opportunities Fund, Equity Index Fund, Large-Cap Growth Index Fund, Large-Cap Value Index Fund, S&P 500 Index Fund, Small-Cap Blend Index Fund, Emerging Markets Equity Index Fund, and the International Equity Index Fund (collectively, the “Funds” or individually, the “Fund”). The International Opportunities Fund commenced operations on April 12, 2013.

The Funds offer their shares, without a sales load, through their principal underwriter, Teachers Personal Investors Services, Inc. (“TPIS”), which is a wholly owned indirect subsidiary of Teachers Insurance and Annuity Association of America (“TIAA”). Teachers Advisors, Inc. (“Advisors”), a wholly owned indirect subsidiary of TIAA, is registered with the Commission as an investment adviser and provides investment management services for the Funds. The Funds offer up to four share classes, although any one Fund may not necessarily offer all four classes. The Funds may offer Institutional, Retirement, Retail and Premier Classes of shares. Each class differs by the allocation of class-specific expenses and voting rights in matters affecting a single class.

The accompanying schedules of investments were prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) which may require the use of estimates made by management. Actual results may differ from those estimates. The following is a summary of the significant accounting policies consistently followed by the Funds.

Security valuation: The Funds’ investments in securities are recorded at their estimated fair value as described in the valuation of investments note to the schedule of investments.

Investment transactions: Securities transactions are accounted for as of the trade date for financial reporting purposes.

Foreign currency transactions and translation: Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollar values each day using exchange rates obtained from an independent third party. Purchases and sales of securities, income, and expenses are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction.

Transactions with affiliates: The Funds may purchase or sell investment securities in transactions with affiliated entities under procedures adopted by the Board of Trustees (“Board”) pursuant to the 1940 Act. These transactions are effected at market rates without incurring broker commissions.

Note 2—valuation of investments

Portfolio investments are valued at fair value utilizing various valuation methods approved by the Board. U.S. GAAP establishes a hierarchy that categorizes market inputs to valuation methods. The three levels of inputs are:

•          Level 1 – quoted prices in active markets for identical securities

•          Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.)

•          Level 3 – significant unobservable inputs (including the Funds’ own assumptions in determining the fair value of investments)

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent

305

that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

A description of the valuation techniques applied to the Funds’ major categories of assets and liabilities measured at fair value follows:

Exchange-traded equity securities, common and preferred stock: Equity securities listed or traded on a national market or exchange are valued based on their sale price on such market or exchange at the close of business on the date of valuation, or at the mean of the closing bid and asked prices if no sale is reported. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Foreign investments are valued at the last sale price or official closing price reported on the exchange where traded and converted to U.S. dollars at the prevailing rates of exchange on the date of valuation. For events affecting the value of foreign securities between the time when the exchange on which they are traded closes and the time when the Funds’ net assets are calculated, such securities will be valued at fair value in accordance with procedures adopted by the Board. Foreign securities are generally categorized in Level 2 of the fair value hierarchy.

Debt securities: Debt securities, including equity-linked notes, will generally be valued using prices provided by a pricing service that may employ various indications of value including but not limited to broker-dealer quotations. Certain debt securities, other than money market instruments, are valued based on the most recent bid price or the equivalent quoted yield for such securities (or those of comparable maturity, quality and type). Debt securities are generally categorized in Level 2 of the fair value hierarchy; in instances where prices, yields, or any other key inputs are unobservable, they are categorized in Level 3 of the hierarchy.

Short-term investments: Short-term investments, excluding investments in registered investment companies, with maturities of 60 days or less are valued at amortized cost, which approximates fair value. The amortized cost of an instrument is determined by valuing it at its original cost and thereafter accreting or amortizing any discount or premium to its face value at a constant rate until maturity. Short-term investments with maturities in excess of 60 days are valued in the same manner as debt securities. Short-term investments are generally categorized in Level 2 of the fair value hierarchy.

Investments in Registered Investment Companies: These investments are valued at their net asset value on the valuation date. These investments are categorized in Level 1 of the fair value hierarchy.

Futures contracts: Stock and bond index futures and options, which are traded on commodities exchanges, are valued at the last sale price as of the close of such commodities exchanges and are categorized in Level 1 of the fair value hierarchy.

Options: Purchased and written options listed or traded on a national market or exchange are valued at the last sale price as of the close of such exchange or at the mean of the closing bid and asked prices if no sale is reported. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy.

Any portfolio security for which market quotations are not readily available or for which the above valuation procedures are deemed not to reflect fair value are valued at fair value, as determined in good faith using procedures approved by the Board. To the extent the inputs are observable and timely, the values would be categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized as Level 3.

Transfers between levels are recognized at the end of the reporting period. For the period ended July 31, 2013, there were no material transfers between levels by the Funds.

306

As of July 31, 2013, 100% of the value of investments in the Small-Cap Equity Fund, Social Choice Equity Fund, Large-Cap Growth Index Fund, Large-Cap Value Index Fund, and S&P 500 Index Fund were valued based on Level 1 inputs.

The following table summarizes the market value of the Funds’ investments as of July 31, 2013, based on the inputs used to value them:

Fund	Level 1			Level 2		Level 3		Total
Enhanced Large-Cap Growth Index
Consumer discretionary	$	250,134,056		$	-	$	-	$	250,134,056
Consumer staples		184,397,871			-		-		184,397,871
Energy		62,240,576			-		-		62,240,576
Financials		63,135,484			-		-		63,135,484
Health care		156,196,092			-		-		156,196,092
Industrials		176,264,888			-		-		176,264,888
Information technology		334,071,481			-		-		334,071,481
Materials		54,844,401			-		-		54,844,401
Telecommunication services		32,222,630			-		-		32,222,630
Utilities		1,566,059			-		-		1,566,059
Short-term investments		26,477,691			4,300,000		-		30,777,691
Total	$	1,341,551,229		$	4,300,000	$	-	$	1,345,851,229
Enhanced Large-Cap Value Index
Consumer discretionary	$	130,275,970		$	1,421,457	$	-	$	131,697,427
Consumer staples		70,050,559			-		-		70,050,559
Energy		179,589,657			-		-		179,589,657
Financials		387,391,398			-		-		387,391,398
Health care		164,530,155			-		-		164,530,155
Industrials		124,469,544			-		-		124,469,544
Information technology		139,618,760			-		-		139,618,760
Materials		38,378,861			-		-		38,378,861
Telecommunication services		30,525,520			-		-		30,525,520
Utilities		81,688,391			-		-		81,688,391
Short-term investments		19,808,393			-		-		19,808,393
Written options**		(518	)		-		-		(518	)
Total	$	1,366,326,690		$	1,421,457	$	-	$	1,367,748,147
Growth & Income
Consumer discretionary	$	559,609,295		$	5,374,524	$	-	$	564,983,819
Consumer staples		316,971,084			63,259,526		-		380,230,610
Energy		355,578,187			2,408,572		-		357,986,759
Financials		475,078,111			3,731,318		-		478,809,429
Health care		519,304,977			43,721,223		-		563,026,200
Industrials		362,171,976			-		-		362,171,976
Information technology*		677,613,438			-		-		677,613,438
Materials		119,382,436			5,604,263		-		124,986,699
Telecommunication services		62,779,325			-		-		62,779,325
Utilities		79,650,283			-		-		79,650,283
Short-term investments		67,333,708			8,900,000		-		76,233,708
Written options**		(128,020	)		-		-		(128,020	)
Total	$	3,595,344,800		$	132,999,426	$	-	$	3,728,344,226
Large-Cap Growth
Consumer discretionary*	$	436,833,791		$	48,593,223	$	-	$	485,427,014
Consumer staples		54,101,109			18,527,466		-		72,628,575
Energy		50,791,001			-		-		50,791,001
Financials		125,827,625			6,879,634		-		132,707,259
Health care		327,185,620			24,658,854		-		351,844,474
Industrials		239,181,778			-		-		239,181,778
Information technology*		571,082,165			-		-		571,082,165
Materials		90,598,441			-		-		90,598,441
Telecommunication services		-			11,057,584		-		11,057,584
Short-term investments		33,028,210			15,000,000		-		48,028,210
Written options**		(17,935	)		-		-		(17,935	)
Total	$	1,928,611,805		$	124,716,761	$	-	$	2,053,328,566

307

Fund	Level 1			Level 2		Level 3		Total
Large-Cap Value
Consumer discretionary	$	355,818,062		$	9,655,237	$	-	$	365,473,299
Consumer staples*		136,807,782			114,138,003		-		250,945,785
Energy		600,469,689			-		-		600,469,689
Financials		1,045,281,842			17,931,284		-		1,063,213,126
Health care*		198,479,988			387,131,879		-		585,611,867
Industrials *		407,238,863			4,522,343		-		411,761,206
Information technology*		407,010,838			-		-		407,010,838
Materials		116,408,712			17,730,763		-		134,139,475
Telecommunication services		122,991,327			-		-		122,991,327
Utilities		194,774,959			-		-		194,774,959
Short-term investments		136,301,086			48,398,637		-		184,699,723
Total	$	3,721,583,148		$	599,508,146	$	-	$	4,321,091,294
Mid-Cap Growth
Consumer discretionary	$	418,046,906		$	-	$	-	$	418,046,906
Consumer staples		85,292,129			11,587,338		-		96,879,467
Energy		102,756,669			9,074,694		-		111,831,363
Financials		115,854,454			-		-		115,854,454
Health care		258,893,094			-		-		258,893,094
Industrials		275,453,434			-		-		275,453,434
Information technology*		302,942,338			-		-		302,942,338
Materials		59,872,596			-		-		59,872,596
Telecommunication services		39,260,336			-		-		39,260,336
Short-term investments		78,743,306			6,900,000		-		85,643,306
Written options**		(433,400	)		-		-		(433,400	)
Total	$	1,736,681,862		$	27,562,032	$	-	$	1,764,243,894
Mid-Cap Value
Consumer discretionary	$	464,808,149		$	-	$	-	$	464,808,149
Consumer staples		159,170,632			9,690,411		-		168,861,043
Energy		345,731,488			-		-		345,731,488
Financials		1,248,309,088			-		-		1,248,309,088
Health care		327,896,350			20,308,484		-		348,204,834
Industrials		435,006,497			19,037,329		-		454,043,826
Information technology		457,324,370			-		-		457,324,370
Materials		235,776,913			-		-		235,776,913
Telecommunication services		19,111,827			-		-		19,111,827
Utilities		486,339,706			-		-		486,339,706
Short-term investments		86,580,542			89,799,677		-		176,380,219
Total	$	4,266,055,562		$	138,835,901	$	-	$	4,404,891,463

308

Fund	Level 1		Level 2		Level 3		Total
Emerging Markets Equity
Brazil	$	-	$	73,616,915	$	-	$	73,616,915
China*		1,507,264		96,631,328		499,551		98,638,143
Hong Kong*		3,145,927		29,450,634		158,073		32,754,634
India		-		39,070,729		-		39,070,729
Indonesia		-		18,063,212		-		18,063,212
Korea, Republic of		-		79,025,919		-		79,025,919
Malaysia		-		15,666,959		-		15,666,959
Mexico		-		57,706,643		-		57,706,643
Philippines		-		33,107,043		3,965		33,111,008
Russia*		3,675,360		46,110,803		-		49,786,163
South Africa		-		25,182,683		-		25,182,683
Taiwan		-		40,055,053		-		40,055,053
Thailand*		-		22,443,062		-		22,443,062
Other*		6,006,774		95,779,526		1,539,491		103,325,791
Short-term investments		29,617,609		-		-		29,617,609
Total	$	43,952,934	$	671,910,509	$	2,201,080	$	718,064,523
Enhanced International Equity Index
Australia	$	-	$	68,901,702	$	-	$	68,901,702
France		-		89,913,087		-		89,913,087
Germany		-		80,836,761		-		80,836,761
Hong Kong		-		25,250,610		-		25,250,610
Japan		-		194,156,663		-		194,156,663
Netherlands		-		38,996,405		-		38,996,405
Spain		-		26,692,876		-		26,692,876
Sweden		-		26,935,423		-		26,935,423
Switzerland		-		80,064,031		-		80,064,031
United Kingdom*		33,598,462		148,291,796		-		181,890,258
Other*		5,052,338		80,831,592		-		85,883,930
Short-term investments		18,631,110		-		-		18,631,110
Futures **		35,060		-		-		35,060
Total	$	57,316,970	$	860,870,946	$	-	$	918,187,916
Global Natural Resources
Australia	$	-	$	19,982,555	$	-	$	19,982,555
Canada		-		12,612,839		-		12,612,839
China		-		7,219,775		-		7,219,775
Indonesia		-		7,346,683		-		7,346,683
Mexico		-		7,401,847		-		7,401,847
Switzerland		-		15,653,174		-		15,653,174
United Kingdom		-		28,862,528		-		28,862,528
United States		155,424,830		-		-		155,424,830
Other*		3,022,617		41,775,303		-		44,797,920
Short-term investments		19,494,295		-		-		19,494,295
Total	$	177,941,742	$	140,854,704	$	-	$	318,796,446
International Equity
France	$	-	$	423,785,163	$	-	$	423,785,163
Germany		-		500,908,935		-		500,908,935
India		-		135,643,952		-		135,643,952
Japan		-		533,916,218		-		533,916,218
Netherlands		-		78,077,261		-		78,077,261
Sweden		-		277,833,723		-		277,833,723
Switzerland		-		446,598,982		-		446,598,982
United Kingdom		-		721,154,026		-		721,154,026
Others		-		123,232,942		-		123,232,942
Short-term investments		146,952,807		4,999,981		-		151,952,788
Total	$	146,952,807	$	3,246,151,183	$	-	$	3,393,103,990

309

Fund	Level 1			Level 2		Level 3		Total
International Opportunities
Austrailia	$	-		$	9,742,512	$	-	$	9,742,512
Brazil		-			8,103,166		-		8,103,166
Canada		-			16,092,686		-		16,092,686
China		-			7,293,627		-		7,293,627
France		-			13,387,452		-		13,387,452
Germany		-			8,428,534		-		8,428,534
Hong Kong		-			6,073,514		-		6,073,514
Ireland		-			8,051,818		-		8,051,818
Italy		-			11,048,805		-		11,048,805
Japan		-			40,167,446		-		40,167,446
Korea, Republic of		-			6,992,089		-		6,992,089
Netherlands		-			11,831,978		-		11,831,978
Norway		-			9,737,465		-		9,737,465
Sweden		-			8,634,869		-		8,634,869
Switzerland		-			9,382,983		-		9,382,983
Taiwan		-			8,495,195		-		8,495,195
United Kingdom		-			48,924,018		-		48,924,018
Others*		8,411,504			42,466,368		-		50,877,872
Short-term investments		16,306,312			-		-		16,306,312
Total	$	24,717,816		$	274,854,525	$	-	$	299,572,341
Equity Index
Consumer discretionary	$	916,148,277		$	-	$	-	$	916,148,277
Consumer staples		627,091,729			-		-		627,091,729
Energy		658,293,519			-		-		658,293,519
Financials		1,244,166,686			-		-		1,244,166,686
Health care		880,851,480			1,193		1,231		880,853,904
Industrials		774,663,634			-		-		774,663,634
Information technology		1,215,049,149			94		-		1,215,049,243
Materials		258,497,555			-		-		258,497,555
Telecommunication services		156,264,915			-		-		156,264,915
Utilities		231,079,694			-		-		231,079,694
Short-term investments		182,610,126			-		-		182,610,126
Futures**		(23,106	)		-		-		(23,106	)
Total	$	7,144,693,658		$	1,287	$	1,231	$	7,144,696,176
Small-Cap Blend Index
Consumer discretionary	$	198,370,054		$	-	$	-	$	198,370,054
Consumer staples		54,812,889			-		-		54,812,889
Energy		75,357,018			-		-		75,357,018
Financials		324,296,901			-		-		324,296,901
Health care		176,848,108			3,089		7,909		176,859,106
Industrials		202,072,382			-		-		202,072,382
Information technology		247,334,248			201		-		247,334,449
Materials		69,793,519			-		-		69,793,519
Telecommunication services		11,055,396			-		-		11,055,396
Utilities		45,737,477			-		-		45,737,477
Short-term investments		199,431,596			4,799,546		-		204,231,142
Futures**		(11,254	)		-		-		(11,254	)
Total	$	1,605,098,334		$	4,802,836	$	7,909	$	1,609,909,079

310

Fund	Level 1			Level 2		Level 3		Total
Emerging Markets Equity Index
Brazil	$	-		$	65,027,793	$	-	$	65,027,793
China		-			106,018,359		-		106,018,359
India		-			37,770,207		-		37,770,207
Indonesia		-			17,226,517		-		17,226,517
Korea, Republic of*		86,360			87,977,431		-		88,063,791
Malaysia		-			22,853,427		-		22,853,427
Mexico		-			33,387,448		-		33,387,448
Russia*		4,230,735			30,801,825		-		35,032,560
South Africa		-			43,047,608		-		43,047,608
Taiwan		-			68,980,328		-		68,980,328
United States		16,589,673			-		-		16,589,673
Others*		1,804,504			68,174,803		709		69,980,016
Short-term investments		40,947,601			-		-		40,947,601
Futures**		29,937			-		-		29,937
Total	$	63,688,810		$	581,265,746	$	709	$	644,955,265
International Equity Index
Australia	$	-		$	378,196,031	$	-	$	378,196,031
France		-			461,627,306		-		461,627,306
Germany		-			421,534,393		-		421,534,393
Hong Kong		-			136,853,447		-		136,853,447
Italy		-			95,965,354				95,965,354
Japan		-			1,047,529,847		-		1,047,529,847
Netherlands		-			224,251,965		-		224,251,965
Spain		-			144,028,186		-		144,028,186
Sweden		-			156,899,324		-		156,899,324
Switzerland		-			454,133,574		-		454,133,574
United Kingdom		-			944,338,330		-		944,338,330
Others*		12,801,782			379,860,874		-		392,662,656
Short-term investments		239,422,902			2,300,000		-		241,722,902
Futures**		(61,119	)		-		-		(61,119	)
Total	$	252,163,565		$	4,847,518,631	$	-	$	5,099,682,196

*	Includes American Depositary Receipts in Level 1.
**	Derivative instruments are not reflected in the schedule of investments.

311

Note 3—derivative instruments

As defined by U.S. GAAP, a derivative is a financial instrument whose value is derived from an underlying security price, foreign exchange rate, interest rate, index of prices or rates, or other variables. Derivatives require little or no initial investment and permit or require net settlement. The Funds value derivatives at fair value.

Futures contracts: The Funds are subject to equity price risk in the normal course of pursuing their investment objectives. The Funds may use futures contracts to manage exposure to the equity markets and for cash management purposes to remain highly invested in these markets while minimizing transaction costs. Buying futures contracts tends to increase exposure to the underlying instrument/index, while selling futures contracts tends to decrease exposure to the underlying instrument/index or hedge other investments. Initial margin deposits are made upon entering into a futures contract, and variation margin payments are made or received reflecting daily changes in the value of the futures contracts. Futures contracts are valued at the last sale price as of the close of the board of trade or exchange on which they are traded. Daily changes in the value of such contracts are reflected in net unrealized gains and losses. Gains or losses are realized upon the expiration or closing of the futures contracts or if the counterparties do not perform in accordance with contractual provisions. With futures, there is minimal counterparty credit risk to the Funds since futures are exchange-traded and the exchange’s clearinghouse, as counterparty to all exchange-traded funds, guarantees the futures against default.

At July 31, 2013, the Funds held the following open futures contracts:

Fund	Futures	Number of contracts		Settlement value		Expiration date	Unrealized gain (loss)
Small-Cap Equity	Russell 2000 Mini Index		193	$	20,127,970	September 2013	$	557,856
Enhanced International Equity Index	MSCI EAFE Mini Index		80		6,893,200	September 2013		35,060
Equity Index	S&P 500 E Mini Index		75		6,301,875	September 2013		(13,756	)
Equity Index	S&P MidCap 400 E Mini Index		13		1,598,350	September 2013		(1,129	)
Equity Index	Russell 2000 Mini Index		13		1,355,770	September 2013		(8,221	)
Total			101		9,255,995			(23,106	)
Large-Cap Growth Index	S&P 500 E Mini Index		44		3,697,100	September 2013		(9,511	)
Large-Cap Value Index	S&P 500 E Mini Index		92		7,730,300	September 2013		(2,295	)
S&P 500 Index	S&P 500 E Mini Index		62		5,209,550	September 2013		(5,808	)
Small-Cap Blend Index	Russell 2000 Mini Index		51		5,318,790	September 2013		(11,254	)
Emerging Markets Equity Index	MSCI Emerging Markets Mini		272		12,767,680	September 2013		29,937
International Equity Index	MSCI EAFE Mini Index		136		11,718,440	September 2013		(61,119	)

312

Options: The Funds are subject to equity price risk in the normal course of pursuing its investment objectives. The Funds use options contracts for hedging and cash management purposes and to seek to increase total return. Call and put options give the holder the right, in return for a premium paid, to purchase or sell, respectively, a security at a specified exercise price at any time during the period of the option. Premiums on unexercised, expired options are recorded as realized gains or losses; premiums on exercised options are recorded as an adjustment to the proceeds from the sale or cost of the purchase. The difference between the premium and the amount received or paid in a closing transaction is also treated as a realized gain or loss. Risks related to the use of options include possible illiquidity of the options markets, price movements in underlying security values, and losses may exceed amounts recognized on the Statements of Assets and Liabilities.

Written options outstanding as of July 31, 2013 were as follows:

	Number of contracts		Value
Enhanced Large-Cap Value Index Fund
Yum Brands Inc., Call, 8/17/13 at $75		14	$	(518	)
Growth & Income Fund
ACE Ltd., Call, 8/17/13 at $92.50		300	$	(21,000	)
Aegerion Pharmaceuticals Inc., Call, 8/17/13 at $100		90		(15,300	)
Altria Group Inc., Call, 8/17/13 at $36		100		(1,200	)
Apple Inc., Call, 8/2/13 at $455		30		(5,220	)
Cree Inc., Call, 8/2/13 at $71		200		(8,200	)
Google Inc Class A, Call, 8/2/13 at $900		30		(3,300	)
Microstrategy Inc., Call, 8/17/13 at $100		400		(28,000	)
Monster Beverage Corp., Call, 8/17/13 at $65		200		(22,000	)
Sodastream International Ltd., Call, 8/02/13 at $67.50		100		(4,500	)
VMWare Inc., Call, 8/17/13 at $85		140		(13,300	)
Whitewave Foods Co., Call, 8/17/13 at $20		400		(6,000	)
Total		1,990	$	(128,020	)
Large-Cap Growth Fund
Cummins Inc., Call, 8/17/13 at $125		159	$	(10,335	)
Ralph Lauren Corp., Call, 8/17/13 at $195		76		(7,600	)
Total		235	$	(17,935	)
Mid-Cap Growth Fund
Nu Skin Enterprises Inc., Call, 8/17/13 at $80		600	$	(330,000	)
Regeneron Pharmaceuticals Inc., Call, 8/17/13 at $280		100		(72,000	)
Stratasys Ltd., Call, 8/17/13 at $100		100		(13,000	)
Whirlpool Corp., Call, 8/17/13 at $140		200		(18,400	)
Total		1,000	$	(433,400	)

313

Note 4—affiliated investments

Companies in which a Fund holds 5% or more of the outstanding voting shares are considered “affiliated companies” of the Fund pursuant to the 1940 Act. Information regarding transactions with affiliated companies is as follows:

Issue		Value at October 31, 2012		Purchase cost		Sales proceeds		Realized gain (loss)		Dividend income		Withholding expense	Shares at July 31, 2013		Value at July 31, 2013
Large-Cap Value Fund
TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	115,711,071	$	104,111,967	$	83,521,952	$	-	$	-	$	-	136,301,086	$	136,301,086
Small-Cap Equity Fund
TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	157,154,884	$	89,600,536	$	102,567,664	$	-	$	-	$	-	144,187,756	$	144,187,756
International Equity Fund
TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	144,211,707	$	373,261,438	$	370,520,338	$	-	$	-	$	-	146,952,807	$	146,952,807
Equity Index Fund
TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	95,617,580	$	130,109,071	$	43,116,525	$	-	$	-	$	-	182,610,126	$	182,610,126
Small-Cap Blend Index Fund
TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	119,823,634	$	82,717,641	$	3,109,679	$	-	$	-	$	-	199,431,596	$	199,431,596
International Equity Index Fund
TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	177,024,469	$	402,677,110	$	340,278,677	$	-	$	-	$	-	239,422,902	$	239,422,902

314

Note 5—investments

Securities lending: The Funds may lend their securities to qualified institutional borrowers to earn additional income. A Fund receives collateral (in the form of cash, Treasury securities or other collateral permitted by applicable law) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of loaned securities during the period of the loan. Cash collateral received by a Fund will generally be invested in high-quality short-term instruments, or in one or more funds maintained by the securities lending agent for the purpose of investing cash collateral. In lending its securities, the Fund bears the market risk with respect to the collateral investment as well as the securities loaned and also bears the risk that the counterparty may default on its obligations to the Fund.

Restricted securities: Restricted securities held by the Funds, if any, may not be sold except in exempt transactions or in a public offering registered under the Securities Act of 1933. The risk of investing in such securities is generally greater than the risk of investing in securities that are widely held and publicly traded.

Equity-linked notes: Equity-linked notes are debt securities issued by banks or broker-dealers and are designed to offer a return linked to an underlying security or market index. Equity-linked notes are structured with a defined maturity date. When the note matures, the issuer will pay to, or receive from the Fund, the difference between the nominal value of the underlying instrument at the time of purchase and that instrument’s value at maturity. The Fund will record a realized gain or loss on the transaction. The note is valued daily and any change in the value of the note is reflected in net unrealized gains and losses. Investments in equity-linked notes involve the same risks associated with a direct investment in the underlying security or index that the note seeks to replicate. In addition, there is also counterparty risk associated with these investments because the Fund is relying on the creditworthiness of such counterparty and has no rights under an equity-linked note against the issuer of the underlying security.

Net unrealized appreciation (depreciation): At July 31, 2013, net unrealized appreciation (depreciation) based on the aggregate cost of portfolio investments for federal income tax purposes, consisting of gross unrealized appreciation and gross unrealized depreciation was as follows:

Fund	Cost		Gross unrealized appreciation		Gross unrealized (depreciation)			Net unrealized appreciation (depreciation)
Enhanced Large-Cap Growth Index	$	1,080,369,157	$	270,440,572	$	(4,958,500	)	$	265,482,072
Enhanced Large-Cap Value Index		1,027,633,752		345,085,485		(4,970,572	)		340,114,913
Growth & Income		2,903,285,083		834,853,294		(9,666,131	)		825,187,163
Large-Cap Growth		1,582,539,452		476,306,677		(5,499,628	)		470,807,049
Large-Cap Value		3,616,418,415		790,877,745		(86,204,866	)		704,672,879
Mid-Cap Growth		1,387,072,023		387,684,433		(10,079,162	)		377,605,271
Mid-Cap Value		3,364,536,591		1,069,955,307		(29,600,435	)		1,040,354,872
Small-Cap Equity		1,797,780,853		498,919,414		(35,824,584	)		463,094,830
Social Choice Equity		1,147,508,184		461,911,513		(20,541,203	)		441,370,310
Emerging Markets Equity		689,735,423		70,400,227		(42,071,127	)		28,329,100
Enhanced International Equity Index		822,242,052		111,691,823		(15,781,019	)		95,910,804
Global Natural Resources		307,039,249		23,552,250		(11,795,053	)		11,757,197
International Equity		3,080,057,728		410,888,339		(97,842,077	)		313,046,262
International Opportunities		297,248,100		12,709,622		(10,385,381	)		2,324,241
Equity Index		5,411,112,705		1,801,440,524		(67,833,947	)		1,733,606,577
Large-Cap Growth Index		1,067,227,009		269,485,533		(4,450,713	)		265,034,820
Large-Cap Value Index		1,444,445,670		241,610,843		(47,544,218	)		194,066,625
S&P 500 Index		1,466,257,726		457,622,373		(100,477,191	)		357,145,182
Small-Cap Blend Index		1,314,322,046		358,320,607		(62,722,320	)		295,598,287
Emerging Markets Equity Index		672,358,713		38,639,305		(66,072,690	)		(27,433,385	)
International Equity Index		4,624,337,476		792,720,730		(317,314,891	)		475,405,839

315

Item 2. Controls and Procedures.

(a) An evaluation was performed within 90 days of the filing date of the report under the supervision of the Registrant’s management, including the principal executive officer and principal financial officer, of the effectiveness of the design and operation of the Registrant’s disclosure controls and procedures. Based on that evaluation, the Registrant’s management, including the principal executive officer and principal financial officer, concluded that the Registrant’s disclosure controls and procedures were effective for this quarterly reporting period.

(b) There were no changes in the Registrant’s internal control over financial reporting that occurred during the Registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

Item 3. Exhibits.

3(a) Section 302 certification of the principal executive officer

3(b) Section 302 certification of the principal financial officer

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.

	TIAA-CREF FUNDS
Date: September 20, 2013	By:	/s/ Robert G. Leary
		Robert G. Leary
		Principal Executive Officer and President

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.

Date: September 20, 2013	By:	/s/ Robert G. Leary
		Robert G. Leary
		Principal Executive Officer and President
		(principal executive officer)

Date: September 20, 2013	By:	/s/ Phillip G. Goff
		Phillip G. Goff
		Principal Financial Officer, Principal Accounting
		Officer and Treasurer
		(principal financial officer)

EXHIBIT LIST

Item 3. Exhibits.

3(a) Section 302 certification of the principal executive officer

3(b) Section 302 certification of the principal financial officer