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)

F. Scott Thomas, Esq.

c/o TIAA-CREF

8500 Andrew Carnegie Blvd.

Charlotte, N.C. 28262-8500

(Name and address of agent for service)

Registrant’s telephone number, including area code: 704-595-1000

Date of fiscal year end: October 31

Date of reporting period: July 31, 2014

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, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.6%
AUTOMOBILES & COMPONENTS - 1.1%
	157,971		BorgWarner, Inc	$	9,833,695
	18,495		Gentex Corp		534,505
	104,000		Goodyear Tire & Rubber Co		2,617,680
	16,167		Harley-Davidson, Inc		999,444
	58,912		Johnson Controls, Inc		2,783,003
	15,800		Lear Corp		1,487,886
	5,043	*,e	Tesla Motors, Inc		1,126,102
			TOTAL AUTOMOBILES & COMPONENTS		19,382,315
BANKS - 0.0%
	2,022	*	SVB Financial Group		220,438
			TOTAL BANKS		220,438
CAPITAL GOODS - 8.5%
	16,303		3M Co		2,296,930
	8,446		Allison Transmission Holdings, Inc		247,299
	67,899	*	BE Aerospace, Inc		5,780,921
	28,607		Boeing Co		3,446,571
	11,491		Carlisle Cos, Inc		919,510
	34,383	*	Colfax Corp		2,165,097
	55,223		Crane Co		3,788,850
	72,617		Cummins, Inc		10,122,084
	112,691		Emerson Electric Co		7,172,782
	23,400		Fluor Corp		1,705,158
	145,583		Honeywell International, Inc		13,368,887
	10,526		Hubbell, Inc (Class B)		1,230,910
	136,556		IDEX Corp		10,353,676
	119,412		Ingersoll-Rand plc		7,020,231
	99,570		ITT Corp		4,577,233
	52,223		Lockheed Martin Corp		8,719,674
	98,050		Rockwell Automation, Inc		10,948,263
	66,902		Roper Industries, Inc		9,638,571
	7,768		Snap-On, Inc		933,714
	33,949	*	Spirit Aerosystems Holdings, Inc (Class A)		1,105,719
	30,718		TransDigm Group, Inc		5,158,167
	81,300		Trinity Industries, Inc		3,547,932
	65,643	*	United Rentals, Inc		6,951,594
	100,765	*	WABCO Holdings, Inc		9,822,572
	169,567		Westinghouse Air Brake Technologies Corp		13,680,665
			TOTAL CAPITAL GOODS		144,703,010
COMMERCIAL & PROFESSIONAL SERVICES - 1.5%
	20,713		Cintas Corp		1,296,634
	19,500		Equifax, Inc		1,483,755

1

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

SHARES			COMPANY	VALUE
	232,395		Pitney Bowes, Inc	$	6,288,609
	248,633		Robert Half International, Inc		12,095,995
	9,959		Rollins, Inc		281,939
	3,865	*	Stericycle, Inc		454,717
	72,900		Tyco International Ltd		3,145,635
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		25,047,284
CONSUMER DURABLES & APPAREL - 2.0%
	16,731	*	Deckers Outdoor Corp		1,480,861
	119,443		DR Horton, Inc		2,472,470
	151,746		Hanesbrands, Inc		14,827,102
	18,107		Harman International Industries, Inc		1,965,515
	46,535	*	Kate Spade & Co		1,760,419
	57,277	*	Michael Kors Holdings Ltd		4,666,930
	1,538	*	NVR, Inc		1,732,495
	40,224	*	Under Armour, Inc (Class A)		2,684,952
	35,218		VF Corp		2,157,807
			TOTAL CONSUMER DURABLES & APPAREL		33,748,551
CONSUMER SERVICES - 2.8%
	72,667		Burger King Worldwide, Inc		1,916,955
	19,609	*	Chipotle Mexican Grill, Inc (Class A)		13,187,053
	22,109	*	Hyatt Hotels Corp		1,300,672
	33,719		Las Vegas Sands Corp		2,490,148
	147,255		Marriott International, Inc (Class A)		9,528,871
	67,948		McDonald’s Corp		6,425,163
	69,700		Service Corp International		1,463,700
	110,436		Starbucks Corp		8,578,669
	33,900		Starwood Hotels & Resorts Worldwide, Inc		2,604,876
			TOTAL CONSUMER SERVICES		47,496,107
DIVERSIFIED FINANCIALS - 3.3%
	60,056	*	Affiliated Managers Group, Inc		11,966,158
	63,646	*,e	Ally Financial, Inc		1,461,312
	108,379		American Express Co		9,537,352
	80,675		Ameriprise Financial, Inc		9,648,730
	83,000		Invesco Ltd		3,123,290
	109,631		Lazard Ltd (Class A)		5,733,702
	31,867		Legg Mason, Inc		1,512,089
	107,363		Moody’s Corp		9,340,581
	32,100	*	NorthStar Asset Management Group, Inc		574,911
	17,605		SEI Investments Co		630,611
	87,391	*	Synchrony Financial		2,009,993
	16,786		Waddell & Reed Financial, Inc (Class A)		886,133
			TOTAL DIVERSIFIED FINANCIALS		56,424,862
ENERGY - 7.5%
	14,200		Anadarko Petroleum Corp		1,517,270
	71,600		Baker Hughes, Inc		4,923,932
	104,232	*	Cheniere Energy, Inc		7,375,456
	12,712	e	CVR Energy, Inc		598,481
	191,034		EOG Resources, Inc		20,906,761

2

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

SHARES			COMPANY	VALUE
	62,285		EQT Corp	$	5,843,579
	92,486	*	FMC Technologies, Inc		5,623,149
	232,327		Kinder Morgan, Inc		8,359,125
	27,048		Nabors Industries Ltd		734,624
	82,100		Noble Energy, Inc		5,458,829
	88,264		Oneok, Inc		5,686,849
	108,393		Patterson-UTI Energy, Inc		3,723,300
	20,201		Phillips 66		1,638,503
	69,097		Pioneer Natural Resources Co		15,302,222
	94,548		RPC, Inc		2,127,330
	320,884		Schlumberger Ltd		34,780,617
	24,927		Superior Energy Services		837,547
	59,500		Williams Cos, Inc		3,369,485
			TOTAL ENERGY		128,807,059
FOOD & STAPLES RETAILING - 1.2%
	26,938		CVS Corp		2,056,986
	88,881		Kroger Co		4,353,391
	179,276		Walgreen Co		12,328,811
	15,368		Wal-Mart Stores, Inc		1,130,777
			TOTAL FOOD & STAPLES RETAILING		19,869,965
FOOD, BEVERAGE & TOBACCO - 7.2%
	646,792		Altria Group, Inc		26,259,755
	33,162		Brown-Forman Corp (Class B)		2,873,487
	629,079		Coca-Cola Co		24,716,514
	202,686		Coca-Cola Enterprises, Inc		9,212,079
	43,588	*	Constellation Brands, Inc (Class A)		3,629,137
	110,939		Dr Pepper Snapple Group, Inc		6,518,776
	20,900		General Mills, Inc		1,048,135
	10,484		Hershey Co		924,164
	49,547		Hormel Foods Corp		2,242,497
	24,684		Kellogg Co		1,476,844
	163,849		Kraft Foods Group, Inc		8,779,849
	102,570	*	Monster Beverage Corp		6,560,377
	120,809		PepsiCo, Inc		10,643,273
	210,043		Philip Morris International, Inc		17,225,626
	49,400	*	WhiteWave Foods Co (Class A)		1,471,626
			TOTAL FOOD, BEVERAGE & TOBACCO		123,582,139
HEALTH CARE EQUIPMENT & SERVICES - 3.9%
	74,248		Aetna, Inc		5,756,447
	20,300		AmerisourceBergen Corp		1,561,273
	70,905		Bard (C.R.), Inc		10,581,153
	75,722		Becton Dickinson & Co		8,801,925
	31,450		Cigna Corp		2,831,758
	83,687	*	DaVita, Inc		5,894,912
	27,555	*	Edwards Lifesciences Corp		2,486,839
	60,000	*	Express Scripts Holding Co		4,179,000
	10,387	*	Idexx Laboratories, Inc		1,292,974
	36,478		McKesson Corp		6,998,669
	40,209	*	Pediatrix Medical Group, Inc		2,379,569

3

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

SHARES			COMPANY	VALUE
	47,400	*	Sirona Dental Systems, Inc	$	3,801,480
	37,900		St. Jude Medical, Inc		2,470,701
	44,988		Stryker Corp		3,588,693
	18,713	*	Trupanion, Inc		187,130
	23,712		Universal Health Services, Inc (Class B)		2,527,699
	17,100		Zimmer Holdings, Inc		1,711,197
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		67,051,419
HOUSEHOLD & PERSONAL PRODUCTS - 0.6%
	24,012		Colgate-Palmolive Co		1,522,361
	20,448		Coty, Inc		349,865
	47,871		Estee Lauder Cos (Class A)		3,516,604
	48,830	e	Herbalife Ltd		2,558,692
	5,995		Kimberly-Clark Corp		622,701
	14,759		Spectrum Brands, Inc		1,230,900
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		9,801,123
INSURANCE - 0.6%
	19,529		American Financial Group, Inc		1,093,429
	24,970		Aon plc		2,106,469
	150,431		Marsh & McLennan Cos, Inc		7,637,382
			TOTAL INSURANCE		10,837,280
MATERIALS - 3.2%
	32,800		Ball Corp		2,009,328
	18,275		Compass Minerals International, Inc		1,572,016
	18,133		Cytec Industries, Inc		1,828,713
	48,607		Dow Chemical Co		2,482,359
	5,755		Du Pont (E.I.) de Nemours & Co		370,104
	30,199		International Flavors & Fragrances, Inc		3,049,797
	97,864		LyondellBasell Industries AF S.C.A		10,398,050
	19,100		Martin Marietta Materials, Inc		2,372,793
	12,400		Monsanto Co		1,402,316
	5,504		NewMarket Corp		2,130,048
	12,715	*	Owens-Illinois, Inc		396,581
	41,318		Packaging Corp of America		2,733,599
	32,680		PPG Industries, Inc		6,482,405
	32,333		RPM International, Inc		1,428,472
	9,142		Scotts Miracle-Gro Co (Class A)		486,354
	73,268		Sealed Air Corp		2,353,368
	28,324		Sherwin-Williams Co		5,841,259
	72,686		Sigma-Aldrich Corp		7,299,128
	1,000		Westlake Chemical Corp		87,390
			TOTAL MATERIALS		54,724,080
MEDIA - 4.0%
	37,034	*	Charter Communications, Inc		5,722,494
	348,988		Comcast Corp (Class A)		18,751,125
	88,015	*	DIRECTV		7,573,691
	131,081		DISH Network Corp (Class A)		8,108,670
	80,300		Interpublic Group of Cos, Inc		1,582,713
	35,700	*	Live Nation, Inc		828,597

4

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

SHARES			COMPANY	VALUE
	36,448		Scripps Networks Interactive (Class A)	$	3,003,680
	124,700		Twenty-First Century Fox, Inc		3,950,496
	59,302		Viacom, Inc (Class B)		4,902,496
	152,236		Walt Disney Co		13,074,028
			TOTAL MEDIA		67,497,990
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 9.6%
	418,931		AbbVie, Inc		21,926,849
	49,012	*	Actavis plc		10,501,311
	23,138	*	Alexion Pharmaceuticals, Inc		3,678,710
	72,700	*	Alkermes plc		3,108,652
	52,024		Allergan, Inc		8,628,700
	20,453		Amgen, Inc		2,605,508
	46,438	*	Biogen Idec, Inc		15,528,403
	285,129		Bristol-Myers Squibb Co		14,433,230
	209,756	*	Celgene Corp		18,280,235
	383,679	*	Gilead Sciences, Inc		35,125,812
	13,785	*	Illumina, Inc		2,204,359
	225,000	*,e	Inovio Pharmaceuticals, Inc		2,272,500
	6,530	*	Intercept Pharmaceuticals, Inc		1,517,311
	13,700	*	Jazz Pharmaceuticals plc		1,914,301
	105,828		Johnson & Johnson		10,592,325
	5,519	*	Mettler-Toledo International, Inc		1,419,156
	20,202		Questcor Pharmaceuticals, Inc		1,817,574
	867	*	Regeneron Pharmaceuticals, Inc		274,163
	46,880	*	Salix Pharmaceuticals Ltd		6,183,941
	20,978		Thermo Electron Corp		2,548,827
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		164,561,867
REAL ESTATE - 1.6%
	49,960		American Tower Corp		4,715,724
	45,100	*	CBRE Group, Inc		1,390,884
	28,732	*	Howard Hughes Corp		4,178,208
	7,250		Jones Lang LaSalle, Inc		896,825
	120,596	*	NorthStar Realty Finance Corp		1,941,596
	45,926		Omega Healthcare Investors, Inc		1,678,136
	33,947		Simon Property Group, Inc		5,709,546
	90,348		Tanger Factory Outlet Centers, Inc		3,130,558
	31,300		Vornado Realty Trust		3,318,426
			TOTAL REAL ESTATE		26,959,903
RETAILING - 6.4%
	46,653	*	Amazon.com, Inc		14,601,922
	1,539	*	Dollar Tree, Inc		83,829
	56,510		Foot Locker, Inc		2,685,920
	246,340		Home Depot, Inc		19,916,589
	19,123	*	Liberty Ventures		1,322,547
	13,980		Lithia Motors, Inc (Class A)		1,242,123
	60,000		Lowe’s Companies, Inc		2,871,000
	150,842		Macy’s, Inc		8,717,159
	1,184	*	NetFlix, Inc		500,501
	30,281	*	O’Reilly Automotive, Inc		4,542,150

5

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

SHARES			COMPANY	VALUE
	10,216		Penske Auto Group, Inc	$	474,533
	19,445	*	Priceline.com, Inc		24,159,440
	47,100		Signet Jewelers Ltd		4,794,309
	135,275		Tiffany & Co		13,204,193
	72,919	*	TripAdvisor, Inc		6,915,638
	38,892		Williams-Sonoma, Inc		2,608,487
			TOTAL RETAILING		108,640,340
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.6%
	370,840		Applied Materials, Inc		7,772,806
	32,789		Avago Technologies Ltd		2,274,901
	102,978		Intel Corp		3,489,924
	66,544		Linear Technology Corp		2,936,919
	46,057		Maxim Integrated Products, Inc		1,349,931
	56,899	e	Microchip Technology, Inc		2,561,593
	137,732	*	Micron Technology, Inc		4,207,713
	49,787		Skyworks Solutions, Inc		2,527,188
	140,000	*	SunEdison, Inc		2,800,000
	268,538		Texas Instruments, Inc		12,419,883
	53,445		Xilinx, Inc		2,198,193
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		44,539,051
SOFTWARE & SERVICES - 17.5%
	94,415		Accenture plc		7,485,221
	161,700		Activision Blizzard, Inc		3,618,846
	86,840	*	Adobe Systems, Inc		6,001,512
	46,000	*	Akamai Technologies, Inc		2,714,920
	33,486	*	Alliance Data Systems Corp		8,783,043
	26,903	*	Citrix Systems, Inc		1,822,140
	70,363		Computer Sciences Corp		4,389,948
	13,211	*	eBay, Inc		697,541
	104,357	*	Electronic Arts, Inc		3,506,395
	3,016	*	Equinix, Inc		646,992
	392,366	*	Facebook, Inc		28,505,390
	51,044	*	Fiserv, Inc		3,147,884
	82,307	*	FleetCor Technologies, Inc		10,929,546
	20,650	*	Gartner, Inc		1,412,873
	10,060		Global Payments, Inc		696,856
	97,235	*	Google, Inc		55,579,526
	4,467	*	Google, Inc (Class A)		2,588,850
	101,304		International Business Machines Corp		19,416,938
	22,262	*	LinkedIn Corp		4,021,408
	225,800		Mastercard, Inc (Class A)		16,743,070
	1,201,042		Microsoft Corp		51,836,973
	482,692		Oracle Corp		19,495,930
	56,883	*	Salesforce.com, Inc		3,085,903
	8,183		Solera Holdings, Inc		523,712
	31,800	*	Twitter, Inc		1,437,042
	77,593	*	VeriFone Systems, Inc		2,600,141
	129,921		Visa, Inc (Class A)		27,414,630
	71,428	*	VMware, Inc (Class A)		7,097,086
	23,700	*	Workday, Inc		1,987,008
			TOTAL SOFTWARE & SERVICES		298,187,324

6

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

SHARES			COMPANY	VALUE
TECHNOLOGY HARDWARE & EQUIPMENT - 8.5%
	80,952		Amphenol Corp (Class A)	$	7,785,154
	1,070,769		Apple, Inc		102,333,393
	80,400	*	ARRIS Group, Inc		2,747,268
	181,629		Corning, Inc		3,569,010
	20,973	*	F5 Networks, Inc		2,361,350
	315,164		Qualcomm, Inc		23,227,587
	14,187	*	Sanmina Corp		330,415
	89,600	*	Trimble Navigation Ltd		2,768,640
	8,543	*	Zebra Technologies Corp (Class A)		684,038
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		145,806,855
TELECOMMUNICATION SERVICES - 2.9%
	88,482	*	Level 3 Communications, Inc		3,891,438
	20,907	*	SBA Communications Corp (Class A)		2,235,586
	831,629		Verizon Communications, Inc		41,930,734
	155,700	e	Windstream Holdings, Inc		1,784,322
			TOTAL TELECOMMUNICATION SERVICES		49,842,080
TRANSPORTATION - 3.1%
	41,900		Alaska Air Group, Inc		1,842,343
	1,861		Amerco, Inc		489,741
	37,853	*	American Airlines Group, Inc		1,470,589
	23,934	*	Avis Budget Group, Inc		1,344,851
	40,837		CH Robinson Worldwide, Inc		2,754,864
	39,300		Con-Way, Inc		1,939,455
	9,800		Copa Holdings S.A. (Class A)		1,488,326
	41,000		Delta Air Lines, Inc		1,535,860
	12,600		FedEx Corp		1,850,688
	13,800	*	Kirby Corp		1,607,148
	13,452		Landstar System, Inc		889,581
	61,935		Norfolk Southern Corp		6,296,312
	35,899	*	Old Dominion Freight Line		2,278,869
	114,700		Southwest Airlines Co		3,243,716
	8,667	*	Spirit Airlines, Inc		566,995
	120,391		Union Pacific Corp		11,835,639
	121,761		United Parcel Service, Inc (Class B)		11,821,775
			TOTAL TRANSPORTATION		53,256,752
			TOTAL COMMON STOCKS		1,700,987,794
			(Cost $1,381,964,665)
SHORT-TERM INVESTMENTS - 0.7%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.7%
	12,402,099	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		12,402,099
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		12,402,099
			TOTAL SHORT-TERM INVESTMENTS		12,402,099
			(Cost $12,402,099)

7

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

SHARES	COMPANY	VALUE
	TOTAL INVESTMENTS - 100.3%	$	1,713,389,893
	(Cost $1,394,366,764)
	OTHER ASSETS & LIABILITIES, NET - (0.3)%		(5,918,247	)
	NET ASSETS - 100.0%	$	1,707,471,646

*	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 $11,570,317.

8

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

TIAA-CREF FUNDS
ENHANCED LARGE-CAP VALUE INDEX FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.4%
AUTOMOBILES & COMPONENTS - 1.6%
	461,750		Ford Motor Co	$	7,858,985
	132,400		General Motors Co		4,477,768
	133,990		Johnson Controls, Inc		6,329,688
	31,190		Lear Corp		2,937,162
	52,400	*	TRW Automotive Holdings Corp		5,359,996
	8,200	*	Visteon Corp		783,100
			TOTAL AUTOMOBILES & COMPONENTS		27,746,699
BANKS - 8.9%
	39,000		Associated Banc-Corp		698,880
	1,124,224		Bank of America Corp		17,144,416
	340,000		Citigroup, Inc		16,629,400
	65,400		Comerica, Inc		3,287,004
	143,839		East West Bancorp, Inc		4,899,156
	76,800		First Republic Bank		3,588,096
	641,390		JPMorgan Chase & Co		36,988,961
	93,000		Keycorp		1,259,220
	17,500		PacWest Bancorp		729,225
	51,242		PNC Financial Services Group, Inc		4,230,540
	69,300	*	Popular, Inc		2,210,670
	80,000		Regions Financial Corp		811,200
	21,800	*	Signature Bank		2,493,702
	91,000		SunTrust Banks, Inc		3,462,550
	23,800	*	SVB Financial Group		2,594,676
	27,724		US Bancorp		1,165,240
	939,800		Wells Fargo & Co		47,835,820
			TOTAL BANKS		150,028,756
CAPITAL GOODS - 8.5%
	49,380		AGCO Corp		2,405,300
	66,000		Allegion plc		3,394,380
	18,300		Alliant Techsystems, Inc		2,377,719
	28,189	*	BE Aerospace, Inc		2,400,011
	31,880		Carlisle Cos, Inc		2,551,038
	79,924		Caterpillar, Inc		8,052,343
	96,100		Chicago Bridge & Iron Co NV		5,700,652
	29,150		Crane Co		1,999,981
	40,800		Cummins, Inc		5,687,112
	34,253		Danaher Corp		2,530,612
	7,500		Deere & Co		638,325
	17,750		Dover Corp		1,522,240
	116,180		Eaton Corp		7,890,946
	10,600		Fluor Corp		772,422
	29,274		General Dynamics Corp		3,418,325

9

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

SHARES			COMPANY	VALUE
	1,272,424		General Electric Co	$	32,001,464
	5,600		Hubbell, Inc (Class B)		654,864
	28,800		Huntington Ingalls		2,618,496
	32,880		IDEX Corp		2,492,962
	69,000		Ingersoll-Rand plc		4,056,510
	66,600		ITT Corp		3,061,602
	23,000	*	Jacobs Engineering Group, Inc		1,168,630
	69,800	e	Joy Global, Inc		4,136,348
	47,500		L-3 Communications Holdings, Inc		4,985,600
	64,750		Northrop Grumman Corp		7,981,732
	16,400	*,e	NOW, Inc		527,916
	20,000		Owens Corning, Inc		681,000
	11,800		Parker Hannifin Corp		1,356,410
	16,724		Raytheon Co		1,518,037
	9,200		Roper Industries, Inc		1,325,444
	8,750		Snap-On, Inc		1,051,750
	7,500		SPX Corp		743,475
	23,457		Stanley Works		2,051,315
	48,000		Textron, Inc		1,745,760
	13,900		Timken Co		615,770
	83,000		Trinity Industries, Inc		3,622,120
	99,900		United Technologies Corp		10,504,485
	22,775	*	WABCO Holdings, Inc		2,220,107
	9,000		Xylem, Inc		317,610
			TOTAL CAPITAL GOODS		142,780,813
COMMERCIAL & PROFESSIONAL SERVICES - 0.6%
	3,500		Cintas Corp		219,100
	2,800	*	Clean Harbors, Inc		161,364
	2,900		Corrections Corp of America		93,438
	6,000		KAR Auction Services, Inc		175,860
	13,600		Manpower, Inc		1,059,304
	12,100		Nielsen Holdings NV		557,931
	98,912		Pitney Bowes, Inc		2,676,559
	24,000		Republic Services, Inc		910,320
	90,800		Tyco International Ltd		3,918,020
	8,300		Waste Connections, Inc		392,922
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		10,164,818
CONSUMER DURABLES & APPAREL - 1.5%
	167,500		DR Horton, Inc		3,467,250
	22,500	*,e	Garmin Ltd		1,238,400
	52,400		Hanesbrands, Inc		5,120,004
	22,900		Harman International Industries, Inc		2,485,795
	3,075		Hasbro, Inc		153,627
	74,500	*	Jarden Corp		4,164,550
	41,952	*	Michael Kors Holdings Ltd		3,418,249
	64,500		Pulte Homes, Inc		1,138,425
	2,500		Ralph Lauren Corp		389,650
	31,800	*	Toll Brothers, Inc		1,039,542
	15,000		Whirlpool Corp		2,139,600
			TOTAL CONSUMER DURABLES & APPAREL		24,755,092

10

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

SHARES			COMPANY	VALUE
CONSUMER SERVICES - 0.9%
	38,000		Brinker International, Inc	$	1,703,920
	28,000	*	Hyatt Hotels Corp		1,647,240
	42,000		International Game Technology		711,060
	57,890	*	MGM Mirage		1,553,768
	74,500		Royal Caribbean Cruises Ltd		4,443,925
	193,000		Sands China Ltd		1,416,946
	38,375		Starwood Hotels & Resorts Worldwide, Inc		2,948,735
			TOTAL CONSUMER SERVICES		14,425,594
DIVERSIFIED FINANCIALS - 4.4%
	42,080		Ameriprise Financial, Inc		5,032,768
	1,424		BlackRock, Inc		433,936
	117,500		Capital One Financial Corp		9,345,950
	159,500		Charles Schwab Corp		4,426,125
	119,900		Discover Financial Services		7,321,094
	48,900	*	E*Trade Financial Corp		1,027,878
	91,800		Goldman Sachs Group, Inc		15,869,466
	16,642		Invesco Ltd		626,238
	66,900		Lazard Ltd (Class A)		3,498,870
	11,700		Legg Mason, Inc		555,165
	300		McGraw-Hill Financial, Inc		24,066
	339,800		Morgan Stanley		10,989,132
	24,500	*	NorthStar Asset Management Group, Inc		438,795
	83,500		PowerShares QQQ Trust Series		7,935,005
	30,000		SPDR Dow Jones Industrial Average ETF Trust		4,958,700
	5,100		SPDR Trust Series 1		984,759
	5,800		TD Ameritrade Holding Corp		186,296
			TOTAL DIVERSIFIED FINANCIALS		73,654,243
ENERGY - 13.4%
	67,224		Anadarko Petroleum Corp		7,182,884
	45,754	*	Antero Resources Corp		2,642,751
	30,724		Apache Corp		3,154,126
	103,800		Baker Hughes, Inc		7,138,326
	6,500	*	Cameron International Corp		460,915
	68,750		Chesapeake Energy Corp		1,812,937
	275,742		Chevron Corp		35,636,896
	31,400		Cimarex Energy Co		4,365,228
	191,750		ConocoPhillips		15,819,375
	81,890		Consol Energy, Inc		3,178,970
	75,750	*	Devon Energy Corp		5,719,125
	33,939		Energen Corp		2,770,441
	37,600		EOG Resources, Inc		4,114,944
	38,000		EQT Corp		3,565,160
	571,442		Exxon Mobil Corp		56,538,472
	2,800	*	Gulfport Energy Corp		149,548
	29,380		Helmerich & Payne, Inc		3,121,919
	81,891		Hess Corp		8,105,571
	33,500		Kinder Morgan, Inc		1,205,330
	180,000		Marathon Oil Corp		6,975,000

11

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

SHARES			COMPANY	VALUE
	11,500		Marathon Petroleum Corp	$	960,020
	30,500		Murphy Oil Corp		1,894,965
	45,900		Nabors Industries Ltd		1,246,644
	57,240		National Oilwell Varco, Inc		4,638,730
	17,750		Noble Energy, Inc		1,180,197
	133,300		Occidental Petroleum Corp		13,024,743
	16,600		Oneok, Inc		1,069,538
	131,839		Patterson-UTI Energy, Inc		4,528,670
	57,500		Phillips 66		4,663,825
	11,500		Pioneer Natural Resources Co		2,546,790
	42,075	e	Seadrill Ltd		1,525,639
	1,250	*,e	Seventy Seven Energy, Inc		28,037
	71,380		Superior Energy Services		2,398,368
	41,380		Tesoro Corp		2,546,525
	91,000	*,e	Ultra Petroleum Corp		2,085,720
	103,900		Valero Energy Corp		5,278,120
	38,399	*	Whiting Petroleum Corp		3,397,928
			TOTAL ENERGY		226,672,377
FOOD & STAPLES RETAILING - 1.3%
	120,752		CVS Corp		9,220,623
	447,500	*	Rite Aid Corp		2,993,775
	23,737	*	Supervalu, Inc		217,668
	120,000		Wal-Mart Stores, Inc		8,829,600
	12,400		Whole Foods Market, Inc		473,928
			TOTAL FOOD & STAPLES RETAILING		21,735,594
FOOD, BEVERAGE & TOBACCO - 2.9%
	57,500		Altria Group, Inc		2,334,500
	173,100		Archer Daniels Midland Co		8,031,840
	54,000		Coca-Cola Enterprises, Inc		2,454,300
	15,700		ConAgra Foods, Inc		473,041
	41,250	*	Constellation Brands, Inc (Class A)		3,434,475
	91,000	*,e	Diamond Foods, Inc		2,444,260
	7,200		Hillshire Brands Co		451,944
	3,900		Kellogg Co		233,337
	23,100		Molson Coors Brewing Co (Class B)		1,559,943
	107,242		Mondelez International, Inc		3,860,712
	37,750	*	Monster Beverage Corp		2,414,490
	110,000		Philip Morris International, Inc		9,021,100
	38,000	*	Pilgrim’s Pride Corp		1,062,480
	43,100		Reynolds American, Inc		2,407,135
	154,000	*	Tyson Foods, Inc (Class A)		5,730,340
	113,890	*	WhiteWave Foods Co (Class A)		3,392,783
			TOTAL FOOD, BEVERAGE & TOBACCO		49,306,680
HEALTH CARE EQUIPMENT & SERVICES - 6.2%
	455,540		Abbott Laboratories		19,187,345
	86,390		Aetna, Inc		6,697,817
	205,400	*	Boston Scientific Corp		2,625,012
	52,975		Cardinal Health, Inc		3,795,659
	65,800	*	CareFusion Corp		2,881,382

12

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

SHARES			COMPANY	VALUE
	57,750	*	Catamaran Corp	$	2,627,047
	57,000		Cigna Corp		5,132,280
	103,990		Covidien plc		8,996,175
	20,000	*	DaVita, Inc		1,408,800
	90,000		HCA Holdings, Inc		5,877,900
	133,800	*	Health Net, Inc		5,511,222
	47,500		Humana, Inc		5,588,375
	500	*	Intuitive Surgical, Inc		228,775
	8,700	*	Laboratory Corp of America Holdings		902,103
	115,752		Medtronic, Inc		7,146,528
	4,000	*	Sirona Dental Systems, Inc		320,800
	55,000		St. Jude Medical, Inc		3,585,450
	115,742		UnitedHealth Group, Inc		9,380,889
	27,390		Universal Health Services, Inc (Class B)		2,919,774
	63,300	*	VCA Antech, Inc		2,360,457
	63,800		WellPoint, Inc		7,005,878
	10,000		Zimmer Holdings, Inc		1,000,700
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		105,180,368
HOUSEHOLD & PERSONAL PRODUCTS - 1.7%
	36,900		Church & Dwight Co, Inc		2,368,242
	57,540		Colgate-Palmolive Co		3,648,036
	10,680		Kimberly-Clark Corp		1,109,331
	274,224		Procter & Gamble Co		21,203,000
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		28,328,609
INSURANCE - 6.4%
	9,650		ACE Ltd		965,965
	17,400		Allied World Assurance Co Holdings Ltd		626,574
	118,000		Allstate Corp		6,897,100
	35,580		American Financial Group, Inc		1,992,124
	153,000		American International Group, Inc		7,952,940
	31,300		Aon plc		2,640,468
	39,000		Assurant, Inc		2,471,040
	103,800		Assured Guaranty Ltd		2,316,816
	18,900		Axis Capital Holdings Ltd		815,535
	202,824	*	Berkshire Hathaway, Inc (Class B)		25,440,214
	5,300		Chubb Corp		459,563
	29,638		Everest Re Group Ltd		4,620,861
	278,390	*	Genworth Financial, Inc (Class A)		3,646,909
	35,400		Hanover Insurance Group, Inc		2,046,474
	125,400		Hartford Financial Services Group, Inc		4,283,664
	126,800		Lincoln National Corp		6,643,052
	17,750		Metlife, Inc		933,650
	45,000		Old Republic International Corp		647,550
	25,400		PartnerRe Ltd		2,650,744
	14,000		Principal Financial Group		695,520
	33,400		Progressive Corp		782,896
	38,890		Protective Life Corp		2,698,188
	115,550		Prudential Financial, Inc		10,049,384
	28,800		Reinsurance Group of America, Inc (Class A)		2,311,488
	23,890		RenaissanceRe Holdings Ltd		2,336,681

13

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

SHARES			COMPANY	VALUE
	65,998		Torchmark Corp	$	3,480,734
	14,600		Travelers Cos, Inc		1,307,576
	94,891		UnumProvident Corp		3,257,608
	96,800		XL Capital Ltd		3,120,832
			TOTAL INSURANCE		108,092,150
MATERIALS - 4.0%
	202,000		Alcoa, Inc		3,310,780
	5,100		Aptargroup, Inc		311,610
	8,500		Ashland, Inc		889,525
	43,300		Cabot Corp		2,268,487
	54,000		Celanese Corp (Series A)		3,143,340
	25,540		CF Industries Holdings, Inc		6,393,684
	218,900	e	Cliffs Natural Resources, Inc		3,819,805
	29,380		Cytec Industries, Inc		2,962,973
	46,760		Domtar Corp		1,679,619
	203,900		Dow Chemical Co		10,413,173
	65,300		Freeport-McMoRan Copper & Gold, Inc (Class B)		2,430,466
	106,800		Huntsman Corp		2,782,140
	27,500		International Paper Co		1,306,250
	47,831		LyondellBasell Industries AF S.C.A		5,082,044
	28,500		MeadWestvaco Corp		1,191,300
	12,500		Nucor Corp		627,750
	38,750		Packaging Corp of America		2,563,700
	61,890		PolyOne Corp		2,348,725
	12,500		PPG Industries, Inc		2,479,500
	6,266	*	Rayonier Advanced Materials, Inc		203,394
	5,400		Rock-Tenn Co (Class A)		536,922
	11,500		Rockwood Holdings, Inc		907,810
	2,700		Royal Gold, Inc		204,039
	1,750		RPM International, Inc		77,315
	11,100		Sigma-Aldrich Corp		1,114,662
	38,013		Steel Dynamics, Inc		806,256
	6,950	*	TimkenSteel Corp		302,394
	42,500	e	United States Steel Corp		1,423,325
	22,300		Vulcan Materials Co		1,407,799
	461,846	e	Walter Energy, Inc		2,655,615
	21,390		Westlake Chemical Corp		1,869,272
			TOTAL MATERIALS		67,513,674
MEDIA - 1.7%
	8,554		CBS Corp (Class B)		486,124
	60,730		CBS Outdoor Americas, Inc		2,021,702
	21,500		Comcast Corp (Class A)		1,155,195
	51,980		DISH Network Corp (Class A)		3,215,483
	39,999		Gannett Co, Inc		1,308,767
	68,000		Interpublic Group of Cos, Inc		1,340,280
	16,500	*	Liberty Media Corp		776,325
	33,000	*	Liberty Media Corp (Class C)		1,551,000
	68,000	*	Live Nation, Inc		1,578,280
	10,750	e	Regal Entertainment Group (Class A)		209,195
	264,400	e	Sirius XM Holdings, Inc		893,672

14

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

SHARES			COMPANY	VALUE
	67,242		Time Warner, Inc	$	5,582,431
	30,000		Viacom, Inc (Class B)		2,480,100
	69,000		Walt Disney Co		5,925,720
			TOTAL MEDIA		28,524,274
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 9.0%
	16,000	*	Actavis plc		3,428,160
	20,800	*	Alexion Pharmaceuticals, Inc		3,306,992
	3,575	*	Alkermes plc		152,867
	21,890	*,p	Biogen Idec, Inc		7,319,797
	180,750		Bristol-Myers Squibb Co		9,149,565
	29,500	*	Celgene Corp		2,570,925
	127,224		Eli Lilly & Co		7,768,298
	28,390	*	Endo International plc		1,904,401
	83,180	*,p	Gilead Sciences, Inc		7,615,129
	60,000	*	Hospira, Inc		3,328,200
	327,724		Johnson & Johnson		32,801,895
	5,580	*,e	Mallinckrodt plc		388,480
	337,742		Merck & Co, Inc		19,163,481
	16,000	*	PerkinElmer, Inc		739,520
	67,389		Perrigo Co plc		10,138,675
	1,163,400		Pfizer, Inc		33,389,580
	42,000	*	Qiagen NV (NASDAQ)		1,026,060
	5,100	*	Quintiles Transnational Holdings, Inc		280,143
	61,800		Thermo Electron Corp		7,508,700
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		151,980,868
REAL ESTATE - 4.2%
	12,300		Alexandria Real Estate Equities, Inc		966,780
	24,500		American Homes 4 Rent		446,390
	31,800		BioMed Realty Trust, Inc		683,700
	36,000		Boston Properties, Inc		4,300,200
	26,750		Brandywine Realty Trust		415,962
	7,500		Camden Property Trust		542,700
	150,000		DDR Corp		2,631,000
	17,900		Digital Realty Trust, Inc		1,152,581
	142,000		Duke Realty Corp		2,554,580
	24,750		Equity Lifestyle Properties, Inc		1,096,177
	35,000		Equity Residential		2,262,750
	19,800		Essex Property Trust, Inc		3,753,486
	78,800		Extra Space Storage, Inc		4,076,324
	17,800		Federal Realty Investment Trust		2,173,380
	96,300		General Growth Properties, Inc		2,250,531
	205,400		Host Marriott Corp		4,465,396
	20,000	*	Howard Hughes Corp		2,908,400
	18,988		Jones Lang LaSalle, Inc		2,348,816
	40,500		Kilroy Realty Corp		2,504,520
	70,000		Kimco Realty Corp		1,566,600
	10,000		Macerich Co		650,100
	30,950		National Retail Properties, Inc		1,100,892
	24,500	*	NorthStar Realty Finance Corp		394,450
	14,500		Omega Healthcare Investors, Inc		529,830

15

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

SHARES			COMPANY	VALUE
	15,500		Plum Creek Timber Co, Inc	$	641,235
	10,000		Post Properties, Inc		542,000
	21,000		Public Storage, Inc		3,603,810
	19,000		Rayonier, Inc		647,140
	6,500		Regency Centers Corp		353,340
	17,000		Retail Properties of America, Inc		255,850
	33,800		Simon Property Group, Inc		5,684,822
	30,900		SL Green Realty Corp		3,331,020
	216,200		Spirit Realty Capital, Inc		2,501,434
	12,750		Ventas, Inc		809,625
	30,300		Vornado Realty Trust		3,212,406
	80,000		Weyerhaeuser Co		2,505,600
	7,000		WP Carey, Inc		460,110
			TOTAL REAL ESTATE		70,323,937
RETAILING - 2.2%
	218,000		Best Buy Co, Inc		6,481,140
	30,638		Dillard’s, Inc (Class A)		3,652,662
	33,000		Expedia, Inc		2,620,860
	21,400		Foot Locker, Inc		1,017,142
	178,380	e	GameStop Corp (Class A)		7,486,609
	1,750		Genuine Parts Co		144,935
	254,000	*,e	JC Penney Co, Inc		2,382,520
	41,800	*	Liberty Interactive Corp		1,172,490
	28,000	*	Liberty Ventures		1,936,480
	70,750		Macy’s, Inc		4,088,642
	38,000		Penske Auto Group, Inc		1,765,100
	7,724		Signet Jewelers Ltd		786,226
	111,500		Staples, Inc		1,292,285
	37,742		Target Corp		2,249,046
			TOTAL RETAILING		37,076,137
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.2%
	68,800		Applied Materials, Inc		1,442,048
	73,999		Avago Technologies Ltd		5,134,051
	35,400		Broadcom Corp (Class A)		1,354,404
	432,850		Intel Corp		14,669,286
	58,800		Lam Research Corp		4,116,000
	135,098		Marvell Technology Group Ltd		1,802,207
	133,800	*	Micron Technology, Inc		4,087,590
	221,890		Nvidia Corp		3,883,075
	30,925	*	SunEdison, Inc		618,500
	7,075	*,e	SunPower Corp		259,865
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		37,367,026
SOFTWARE & SERVICES - 3.8%
	106,999		Activision Blizzard, Inc		2,394,638
	45,000	*	Akamai Technologies, Inc		2,655,900
	18,800	*	Alliance Data Systems Corp		4,931,052
	27,500		Amdocs Ltd		1,246,850
	2,800	*	Citrix Systems, Inc		189,644
	63,199		Computer Sciences Corp		3,942,986

16

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

SHARES			COMPANY	VALUE
	13,380	*	Electronic Arts, Inc	$	449,568
	73,890		Fidelity National Information Services, Inc		4,167,396
	395,700		Microsoft Corp		17,078,412
	290,800	*,e	Millennial Media, Inc		1,003,260
	133,000		Symantec Corp		3,146,780
	64,000	*,p	VMware, Inc (Class A)		6,359,040
	98,390	*,p	Workday, Inc		8,249,017
	448,800		Xerox Corp		5,951,088
	53,224	*	Yahoo!, Inc		1,905,951
			TOTAL SOFTWARE & SERVICES		63,671,582
TECHNOLOGY HARDWARE & EQUIPMENT - 4.3%
	45,750	*	Arrow Electronics, Inc		2,651,212
	354,000		Brocade Communications Systems, Inc		3,260,340
	70,100		CDW Corp		2,165,389
	747,750		Cisco Systems, Inc		18,865,733
	85,300		Corning, Inc		1,676,145
	37,890	*	EchoStar Corp (Class A)		1,921,023
	102,400		EMC Corp		3,000,320
	51,540		Harris Corp		3,518,636
	390,400		Hewlett-Packard Co		13,902,144
	83,900	*	Ingram Micro, Inc (Class A)		2,407,930
	73,800	*,e	InvenSense, Inc		1,698,138
	48,000		SanDisk Corp		4,402,080
	45,500		Seagate Technology, Inc		2,666,300
	133,800		Vishay Intertechnology, Inc		1,970,874
	86,100		Western Digital Corp		8,595,363
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		72,701,627
TELECOMMUNICATION SERVICES - 1.7%
	485,000		AT&T, Inc		17,261,150
	91,300		CenturyTel, Inc		3,582,612
	39,000	*	Level 3 Communications, Inc		1,715,220
	45,680		T-Mobile US, Inc		1,504,699
	100,500		Verizon Communications, Inc		5,067,210
			TOTAL TELECOMMUNICATION SERVICES		29,130,891
TRANSPORTATION - 2.3%
	575		Amerco, Inc		151,317
	40,890	*	American Airlines Group, Inc		1,588,576
	27,500		Con-Way, Inc		1,357,125
	32,400		CSX Corp		969,408
	226,800		Delta Air Lines, Inc		8,495,928
	56,890		FedEx Corp		8,356,003
	36,193		Kansas City Southern Industries, Inc		3,947,209
	41,600		Norfolk Southern Corp		4,229,056
	28,000		Ryder System, Inc		2,411,640
	111,300		Southwest Airlines Co		3,147,564
	50,000		Union Pacific Corp		4,915,500
			TOTAL TRANSPORTATION		39,569,326

17

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

SHARES			COMPANY	VALUE
UTILITIES - 5.7%
	80,000		AES Corp	$	1,168,800
	20,500		AGL Resources, Inc		1,058,620
	48,000		Alliant Energy Corp		2,712,000
	42,750		Ameren Corp		1,643,738
	130,300		American Electric Power Co, Inc		6,774,297
	66,000		American Water Works Co, Inc		3,152,820
	30,000		Aqua America, Inc		713,400
	51,754		Atmos Energy Corp		2,500,753
	136,000	*	Calpine Corp		2,997,440
	103,000		CMS Energy Corp		2,979,790
	129,800		Dominion Resources, Inc		8,779,672
	7,500		DTE Energy Co		553,650
	116,800		Edison International		6,400,640
	53,175		Entergy Corp		3,872,735
	147,500		Exelon Corp		4,584,300
	14,000		MDU Resources Group, Inc		441,140
	14,500		National Fuel Gas Co		999,195
	66,000		NextEra Energy, Inc		6,196,740
	98,000		NiSource, Inc		3,692,640
	54,000		Northeast Utilities		2,370,600
	109,900		NRG Energy, Inc		3,402,504
	14,000		OGE Energy Corp		503,300
	107,500		PPL Corp		3,546,425
	154,000		Public Service Enterprise Group, Inc		5,416,180
	3,500		Questar Corp		77,840
	30,000		SCANA Corp		1,526,400
	66,800		Sempra Energy		6,660,628
	54,000		UGI Corp		2,621,160
	77,899		Westar Energy, Inc		2,807,480
	20,000		Wisconsin Energy Corp		871,600
	166,000		Xcel Energy, Inc		5,112,800
			TOTAL UTILITIES		96,139,287
			TOTAL COMMON STOCKS		1,676,870,422
			(Cost $1,292,506,846)
SHORT-TERM INVESTMENTS - 1.8%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.8%
	31,066,236	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		31,066,236
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		31,066,236
			TOTAL SHORT-TERM INVESTMENTS		31,066,236
			(Cost $31,066,236)
			TOTAL INVESTMENTS - 101.2%		1,707,936,658
			(Cost $1,323,573,082)
			OTHER ASSETS & LIABILITIES, NET - (1.2)%		(20,983,108	)
			NET ASSETS - 100.0%	$	1,686,953,550

18

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

	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.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $29,772,116.
p	All or a portion of these securities have been segregated by the custodian to cover margin requirements on open written options contracts.

19

TIAA-CREF FUNDS - Growth & Income Fund

TIAA-CREF FUNDS

GROWTH & INCOME FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.4%
AUTOMOBILES & COMPONENTS - 1.7%
	357,738		Delphi Automotive plc	$	23,896,898
	304,787		General Motors Co		10,307,896
	571,257		Johnson Controls, Inc		26,986,181
	136,240		Magna International, Inc (Class A) (NY)		14,632,176
			TOTAL AUTOMOBILES & COMPONENTS		75,823,151
BANKS - 5.9%
	4,681,719		Bank of America Corp		71,396,215
	181,783		BNP Paribas		12,061,928
	414,404		Citigroup, Inc		20,268,500
	329,946		East West Bancorp, Inc		11,237,961
	323,859	*	Essent Group Ltd		5,897,472
	371,469		Investors Bancorp, Inc		3,844,704
	790,447		JPMorgan Chase & Co		45,585,078
	743,795		SunTrust Banks, Inc		28,301,400
	1,306,127		Wells Fargo & Co		66,481,864
			TOTAL BANKS		265,075,122
CAPITAL GOODS - 6.9%
	365,272	p	Emerson Electric Co		23,249,563
	131,349	*	Esterline Technologies Corp		14,257,934
	200,513		General Dynamics Corp		23,413,903
	3,634,197		General Electric Co		91,400,054
	58,549		Graco, Inc		4,341,408
	592,108		Honeywell International, Inc		54,373,278
	401,944		ITT Corp		18,477,366
	109,962		L-3 Communications Holdings, Inc		11,541,611
	389,177	*,p	Quanta Services, Inc		13,033,538
	153,445	p	Rockwell Automation, Inc		17,133,669
	172,166	*	Teledyne Technologies, Inc		15,701,539
	181,714	*	Vestas Wind Systems AS		8,192,978
	124,086	*	WABCO Holdings, Inc		12,095,903
			TOTAL CAPITAL GOODS		307,212,744
COMMERCIAL & PROFESSIONAL SERVICES - 0.8%
	713,067		Pitney Bowes, Inc		19,295,593
	323,003		Robert Half International, Inc		15,714,096
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		35,009,689
CONSUMER DURABLES & APPAREL - 3.9%
	710,457		DR Horton, Inc		14,706,460
	224,225	*,e,p	Garmin Ltd		12,341,344
	221,763	*,e,p	GoPro, Inc		10,637,971
	46,994		Hanesbrands, Inc		4,591,784

20

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
	154,522		Harman International Industries, Inc	$	16,773,363
	557,803		Hasbro, Inc		27,867,838
	414,664	*	Jarden Corp		23,179,718
	244,362	*	Kate Spade & Co		9,244,214
	106,826	*,p	Mohawk Industries, Inc		13,328,680
	961,549		Newell Rubbermaid, Inc		31,231,111
	80	e	Prada S.p.A		566
	71,768		Ralph Lauren Corp		11,185,761
			TOTAL CONSUMER DURABLES & APPAREL		175,088,810
CONSUMER SERVICES - 1.2%
	284,784		Accor S.A.		13,791,410
	226,821	*	Chuy’s Holdings, Inc		6,498,421
	529,935	*	Hilton Worldwide Holdings, Inc		12,829,726
	528,612	*	Orient-Express Hotels Ltd		6,554,789
	365,526		Six Flags Entertainment Corp		13,970,404
			TOTAL CONSUMER SERVICES		53,644,750
DIVERSIFIED FINANCIALS - 3.9%
	404,700		American Express Co		35,613,600
	240,403		Ameriprise Financial, Inc		28,752,199
	445,240		Blackstone Group LP		14,550,443
	946,370	*	ING Groep NV		12,291,059
	403,050		Lazard Ltd (Class A)		21,079,515
	210,812		Moody’s Corp		18,340,644
	1,381,493		Morgan Stanley		44,677,484
			TOTAL DIVERSIFIED FINANCIALS		175,304,944
ENERGY - 8.4%
	199,744		Anadarko Petroleum Corp		21,342,646
	304,307		Apache Corp		31,240,157
	306,677	*	Cheniere Energy, Inc		21,700,465
	693,380		Chevron Corp		89,612,431
	456,410		EOG Resources, Inc		49,949,511
	789,619		Halliburton Co		54,475,815
	755,987		Marathon Oil Corp		29,294,496
	184,319	p	Marathon Petroleum Corp		15,386,950
	414,857	e	Peyto Exploration & Development Corp		13,944,613
	262,637		Phillips 66		21,302,487
	858,871		Talisman Energy, Inc		8,975,202
	354,135		Williams Cos, Inc		20,054,665
			TOTAL ENERGY		377,279,438
FOOD & STAPLES RETAILING - 1.0%
	480,877		Kroger Co		23,553,356
	3,432,231	*	Rite Aid Corp		22,961,625
			TOTAL FOOD & STAPLES RETAILING		46,514,981
FOOD, BEVERAGE & TOBACCO - 4.4%
	1,622,942		Britvic plc		19,178,262
	195,369		Brown-Forman Corp (Class B)		16,928,724

21

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
	407,767	*	Constellation Brands, Inc (Class A)	$	33,950,680
	152,895		Mead Johnson Nutrition Co		13,980,719
	473,771		Mondelez International, Inc		17,055,756
	734,739		PepsiCo, Inc		64,730,506
	314,762		SABMiller plc		17,139,289
	468,432	*	WhiteWave Foods Co (Class A)		13,954,589
			TOTAL FOOD, BEVERAGE & TOBACCO		196,918,525
HEALTH CARE EQUIPMENT & SERVICES - 3.9%
	369,100		Abbott Laboratories		15,546,492
	568,912		Aetna, Inc		44,107,748
	28,540		Cooper Cos, Inc		4,591,515
	540,390	*	Hologic, Inc		14,087,967
	267,763	*	Insulet Corp		9,462,744
	130,967		McKesson Corp		25,127,329
	493,896		St. Jude Medical, Inc		32,197,080
	643,789	*	Trupanion, Inc		6,437,890
	203,191		Universal Health Services, Inc (Class B)		21,660,161
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		173,218,926
HOUSEHOLD & PERSONAL PRODUCTS - 2.6%
	257,441		Beiersdorf AG.		23,204,242
	346,505		Colgate-Palmolive Co		21,968,417
	240,315		Estee Lauder Cos (Class A)		17,653,540
	73,370		L’Oreal S.A.		12,389,250
	546,893		Procter & Gamble Co		42,285,767
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		117,501,216
INSURANCE - 3.2%
	377,878		ACE Ltd		37,825,588
	512,182		Allstate Corp		29,937,038
	275,130	*	FNF Group		7,458,774
	887,284		Hartford Financial Services Group, Inc		30,309,621
	750,496		Metlife, Inc		39,476,090
			TOTAL INSURANCE		145,007,111
MATERIALS - 3.4%
	220,942		Akzo Nobel NV		15,913,035
	1,304,844		Alcoa, Inc		21,386,393
	313,566		Companhia Vale do Rio Doce (ADR)		4,499,672
	187,699	*	Crown Holdings, Inc		8,737,388
	680,458		Dow Chemical Co		34,750,990
	318,011		LyondellBasell Industries AF S.C.A		33,788,669
	133,083		PPG Industries, Inc		26,398,344
	277,486		Southern Copper Corp (NY)		9,118,190
			TOTAL MATERIALS		154,592,681
MEDIA - 4.6%
	220,023		CBS Outdoor Americas, Inc		7,324,566
	1,115,830		Comcast Corp (Class A)		59,953,546
	320,963		DISH Network Corp (Class A)		19,854,771

22

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
	567,744	e,p	Lions Gate Entertainment Corp	$	17,486,515
	326,758		Time Warner, Inc		27,127,449
	206,094		Viacom, Inc (Class B)		17,037,791
	653,026		Walt Disney Co		56,081,873
			TOTAL MEDIA		204,866,511
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 11.6%
	713,825		AbbVie, Inc		37,361,600
	167,418	*	Actavis plc		35,870,981
	182,571	*	Alexion Pharmaceuticals, Inc		29,026,963
	435,384	*	Alkermes plc		18,617,020
	149,994		AstraZeneca plc		10,952,024
	84,263	*	Biogen Idec, Inc		28,176,704
	1,012,029	*	Biovitrum AB		12,167,239
	1,123,135		Bristol-Myers Squibb Co		56,853,094
	423,986	*	Celgene Corp		36,950,380
	659,640	*,p	Gilead Sciences, Inc		60,390,042
	112,436	*	Illumina, Inc		17,979,641
	134,678	*,p	Jazz Pharmaceuticals plc		18,818,557
	859,300		Johnson & Johnson		86,007,337
	93,144	*	Ligand Pharmaceuticals, Inc (Class B)		4,579,891
	358,668	*	Mylan Laboratories, Inc		17,707,439
	179,956		Novartis AG.		15,655,919
	245,279	*	NPS Pharmaceuticals, Inc		6,853,095
	139,723	*	Salix Pharmaceuticals Ltd		18,430,861
	278,473		Zoetis Inc		9,164,546
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		521,563,333
RETAILING - 4.9%
	32,971	*	AutoZone, Inc		17,046,996
	593,452		Best Buy Co, Inc		17,643,328
	155,718	e	GameStop Corp (Class A)		6,535,484
	715,072		Home Depot, Inc		57,813,571
	1,049,715	*,e	JC Penney Co, Inc		9,846,327
	550,587		Macy’s, Inc		31,818,423
	52,803	*,p	NetFlix, Inc		22,320,884
	203,390	*,p	Restoration Hardware Holdings, Inc		16,635,268
	155,341		Tiffany & Co		15,162,835
	153,815	*	TripAdvisor, Inc		14,587,815
	358,287	*,e	Yoox S.p.A		9,429,277
			TOTAL RETAILING		218,840,208
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.8%
	252,203		Avago Technologies Ltd		17,497,844
	1,322,455		Intel Corp		44,818,000
	436,942	*	NXP Semiconductors NV		27,243,334
	380,065	*,e	SunPower Corp		13,959,787
	477,774		Texas Instruments, Inc		22,097,048
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		125,616,013
SOFTWARE & SERVICES - 9.6%
	480,422		Activision Blizzard, Inc		10,751,844

23

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	VALUE
	97,661	*	Alliance Data Systems Corp	$	25,615,504
	159,768	*	Aspen Technology, Inc		6,940,322
	41,322	*	Baidu, Inc (ADR)		8,927,618
	338,749	*,p	Citrix Systems, Inc		22,943,470
	123,841	*,e,p	Demandware, Inc		7,460,182
	673,989	*	Facebook, Inc		48,965,301
	539,699	*	Fortinet, Inc		13,249,610
	180,224	*	Google, Inc		103,016,038
	6,000	*	Google, Inc (Class A)		3,477,300
	297,913	*	Informatica Corp		9,449,800
	2,302,217		Microsoft Corp		99,363,686
	33,209	*	MicroStrategy, Inc (Class A)		4,753,204
	107,454	*	Red Hat, Inc		6,245,226
	339,469	*	Salesforce.com, Inc		18,416,193
	327,800	*	Take-Two Interactive Software, Inc		7,336,164
	264,861	*,p	Twitter, Inc		11,969,069
	134,049	*,p	Workday, Inc		11,238,668
	197,981	*	Yahoo!, Inc		7,089,700
	1,503,279	*	Zynga, Inc		4,389,575
			TOTAL SOFTWARE & SERVICES		431,598,474
TECHNOLOGY HARDWARE & EQUIPMENT - 7.6%
	1,783,567	p	Apple, Inc		170,455,498
	414,913	*,e	Blackberry Ltd		3,871,138
	1,103,476	*,e	Ciena Corp		21,550,886
	1,062,298		Cisco Systems, Inc		26,801,779
	287,574	*	F5 Networks, Inc		32,377,957
	816,185		Hewlett-Packard Co		29,064,348
	246,210		SanDisk Corp		22,579,919
	98,338	*,e,p	Stratasys Ltd		9,886,902
	159,811	*,p	Synaptics, Inc		11,543,149
	175,040		TE Connectivity Ltd		10,833,226
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		338,964,802
TELECOMMUNICATION SERVICES - 2.1%
	366,534	*	Level 3 Communications, Inc		16,120,165
	777,785		T-Mobile US, Inc		25,620,238
	1,076,471		Verizon Communications, Inc		54,275,668
			TOTAL TELECOMMUNICATION SERVICES		96,016,071
TRANSPORTATION - 3.0%
	324,843	*	American Airlines Group, Inc		12,620,150
	142,372		Canadian Pacific Railway Ltd		27,043,561
	246,995		CH Robinson Worldwide, Inc		16,662,283
	1,050,288		Delta Air Lines, Inc		39,343,789
	154,896		Kansas City Southern Industries, Inc		16,892,958
	82,383	*	Old Dominion Freight Line		5,229,673
	192,293		Ryder System, Inc		16,562,196
			TOTAL TRANSPORTATION		134,354,610
UTILITIES - 2.0%
	328,516		American Water Works Co, Inc		15,693,209

24

TIAA-CREF FUNDS - Growth & Income Fund

SHARES			COMPANY	RATE			MATURITY DATE	VALUE
	449,270	*	Calpine Corp					$	9,901,911
	244,590		NextEra Energy, Inc						22,964,555
	293,871	e	NRG Yield, Inc						15,354,760
	244,777		Sempra Energy						24,406,715
			TOTAL UTILITIES						88,321,150
			TOTAL COMMON STOCKS						4,458,333,260
			(Cost $3,495,109,827)
PURCHASED OPTION - 0.0%
CONSUMER DURABLES & APPAREL - 0.0%
	10,000		GoPro, Inc						27,400
			TOTAL CONSUMER DURABLES & APPAREL						27,400
TECHNOLOGY HARDWARE & EQUIPMENT - 0.0%
	12,500		Apple, Inc						3,250
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT						3,250
			TOTAL PURCHASED OPTION						30,650
			(Cost $41,531)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 2.9%
TREASURY DEBT - 0.3%
$	15,000,000		United States Treasury Bill		0.025	%	08/07/14		14,999,938
			TOTAL TREASURY DEBT						14,999,938
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 2.6%
	116,570,932	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust						116,570,932
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						116,570,932
			TOTAL SHORT-TERM INVESTMENTS						131,570,870
			(Cost $131,570,870)
			TOTAL INVESTMENTS - 102.3%						4,589,934,780
			(Cost $3,626,722,228)
			OTHER ASSETS & LIABILITIES, NET - (2.3)%						(103,371,798	)
			NET ASSETS - 100.0%					$	4,486,562,982

	Abbreviation(s):
	ADR    American 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 $111,791,222.
p	All or a portion of these securities have been segregated by the custodian to cover margin requirements on open written options contracts.

25

TIAA-CREF FUNDS - Large-Cap Growth Fund

TIAA-CREF FUNDS

LARGE-CAP GROWTH FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.9%
AUTOMOBILES & COMPONENTS - 1.5%
	408,662		BorgWarner, Inc	$	25,439,209
	60,489	*,e	Tesla Motors, Inc		13,507,194
			TOTAL AUTOMOBILES & COMPONENTS		38,946,403
CAPITAL GOODS - 3.5%
	168,859		3M Co		23,790,545
	123,604		Cummins, Inc		17,229,161
	63,373	*	Middleby Corp		4,617,357
	164,845		Roper Industries, Inc		23,749,219
	98,407		W.W. Grainger, Inc		23,140,406
			TOTAL CAPITAL GOODS		92,526,688
COMMERCIAL & PROFESSIONAL SERVICES - 2.9%
	1,118,169		Nielsen Holdings NV		51,558,773
	411,407	*	Verisk Analytics, Inc		24,700,876
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		76,259,649
CONSUMER DURABLES & APPAREL - 3.3%
	252,608	*,e	Garmin Ltd		13,903,545
	376,226		Luxottica Group S.p.A.		20,756,057
	176,913	*	Michael Kors Holdings Ltd		14,414,871
	491,522		Nike, Inc (Class B)		37,911,092
			TOTAL CONSUMER DURABLES & APPAREL		86,985,565
CONSUMER SERVICES - 3.3%
	13,584	*	Chipotle Mexican Grill, Inc (Class A)		9,135,240
	366,766		Marriott International, Inc (Class A)		23,733,428
	693,353		Starbucks Corp		53,859,661
			TOTAL CONSUMER SERVICES		86,728,329
DIVERSIFIED FINANCIALS - 6.3%
	104,545	*	Affiliated Managers Group, Inc		20,830,591
	222,982		Ameriprise Financial, Inc		26,668,647
	438,449		Blackstone Group LP		14,328,513
	41,710		CBOE Holdings, Inc		2,021,684
	196,918		IntercontinentalExchange Group, Inc		37,851,578
	157,076		McGraw-Hill Financial, Inc		12,600,637
	605,092		Moody’s Corp		52,643,004
			TOTAL DIVERSIFIED FINANCIALS		166,944,654
ENERGY - 4.5%
	227,661		Apache Corp		23,371,678
	40,377	*	Cheniere Energy, Inc		2,857,077

26

TIAA-CREF FUNDS - Large-Cap Growth Fund

SHARES			COMPANY	VALUE
	404,278		EOG Resources, Inc	$	44,244,184
	560,033		Halliburton Co		38,636,677
	178,656		Williams Cos, Inc		10,117,289
			TOTAL ENERGY		119,226,905
FOOD, BEVERAGE & TOBACCO - 0.7%
	157,769		Keurig Green Mountain, Inc		18,818,686
			TOTAL FOOD, BEVERAGE & TOBACCO		18,818,686
HEALTH CARE EQUIPMENT & SERVICES - 2.1%
	616,878		Abbott Laboratories		25,982,901
	238,168	*	Cerner Corp		13,146,874
	16,491		Cooper Cos, Inc		2,653,072
	23,651	*	Intuitive Surgical, Inc		10,821,515
	131,030	*	Trupanion, Inc		1,310,300
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		53,914,662
HOUSEHOLD & PERSONAL PRODUCTS - 1.8%
	660,425		Estee Lauder Cos (Class A)		48,514,821
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		48,514,821
MATERIALS - 4.9%
	232,521		LyondellBasell Industries AF S.C.A		24,705,356
	517,650		Monsanto Co		58,541,039
	103,064		PPG Industries, Inc		20,443,775
	123,271		Sherwin-Williams Co		25,422,178
			TOTAL MATERIALS		129,112,348
MEDIA - 4.2%
	702,286		Comcast Corp (Class A)		37,733,827
	175,552	*	Discovery Communications, Inc (Class A)		14,958,786
	158,905	*	Tribune Co		13,109,663
	39,726	*	Tribune Publishing Co		835,443
	520,305		Walt Disney Co		44,683,793
			TOTAL MEDIA		111,321,512
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 16.1%
	144,671	*	Alexion Pharmaceuticals, Inc		23,001,242
	468,043	*	Alkermes plc		20,013,519
	53,120		Allergan, Inc		8,810,483
	150,291	*	Biogen Idec, Inc		50,255,808
	616,336		Bristol-Myers Squibb Co		31,198,928
	873,308	*	Celgene Corp		76,108,792
	821,006	*	Gilead Sciences, Inc		75,163,099
	102,120		Grifols S.A.		4,609,474
	79,307	*	Illumina, Inc		12,681,982
	509,032		Novo Nordisk AS		23,431,839
	221,953	*	NPS Pharmaceuticals, Inc		6,201,367
	312,884		Perrigo Co plc		47,073,398
	130,276		Questcor Pharmaceuticals, Inc		11,720,932
	135,450	*	Salix Pharmaceuticals Ltd		17,867,210

27

TIAA-CREF FUNDS - Large-Cap Growth Fund

SHARES			COMPANY	VALUE
	174,343		Shire Ltd	$	14,349,882
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		422,487,955
REAL ESTATE - 0.7%
	614,619	*	CBRE Group, Inc		18,954,850
			TOTAL REAL ESTATE		18,954,850
RETAILING - 5.6%
	164,947	*	Amazon.com, Inc		51,626,761
	356,154		Expedia, Inc		28,285,751
	493,809		Home Depot, Inc		39,924,458
	21,131	*	Priceline.com, Inc		26,254,211
			TOTAL RETAILING		146,091,181
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.7%
	101,149	*	First Solar, Inc		6,383,513
	689,671		Intel Corp		23,372,950
	387,321		Lam Research Corp		27,112,470
	209,959	*	NXP Semiconductors NV		13,090,944
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		69,959,877
SOFTWARE & SERVICES - 25.0%
	933,853	*	Adobe Systems, Inc		64,538,581
	397,720	*	Autodesk, Inc		21,218,362
	1,176,017	*	Facebook, Inc		85,437,635
	99,008	*	Google, Inc		56,592,973
	99,008	*	Google, Inc (Class A)		57,380,086
	1,018,707		Intuit, Inc		83,503,413
	297,680	*,e	King Digital Entertainment plc		5,789,876
	894,425		Mastercard, Inc (Class A)		66,321,614
	839,323		Oracle Corp		33,900,256
	637,155	*	Red Hat, Inc		37,031,449
	715,410	*	Salesforce.com, Inc		38,810,992
	69,942	*	Twitter, Inc		3,160,679
	230,640		Visa, Inc (Class A)		48,667,346
	544,182	*	VMware, Inc (Class A)		54,069,924
			TOTAL SOFTWARE & SERVICES		656,423,186
TECHNOLOGY HARDWARE & EQUIPMENT - 4.6%
	1,225,001		Apple, Inc		117,073,346
	35,461	*,e	Stratasys Ltd		3,565,249
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		120,638,595
TELECOMMUNICATION SERVICES - 2.3%
	292,161	*	Level 3 Communications, Inc		12,849,241
	558,400		Softbank Corp		40,142,399
	255,795		T-Mobile US, Inc		8,425,887
			TOTAL TELECOMMUNICATION SERVICES		61,417,527

28

TIAA-CREF FUNDS - Large-Cap Growth Fund

SHARES			COMPANY	RATE		MATURITY DATE	VALUE
TRANSPORTATION - 2.9%
	54,378		Canadian Pacific Railway Ltd				$	10,329,101
	521,783		Delta Air Lines, Inc					19,545,991
	204,150		Kansas City Southern Industries, Inc					22,264,599
	250,400		Union Pacific Corp					24,616,824
			TOTAL TRANSPORTATION					76,756,515
			TOTAL COMMON STOCKS					2,602,029,908
			(Cost $1,988,893,940)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 1.7%
TREASURY DEBT - 0.4%
$	10,000,000		United States Treasury Bill	0.025	%	08/07/14		9,999,958
			TOTAL TREASURY DEBT					9,999,958
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.3%
	35,570,707	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust					35,570,707
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES					35,570,707
			TOTAL SHORT-TERM INVESTMENTS					45,570,665
			(Cost $45,570,665)
			TOTAL INVESTMENTS - 100.6%					2,647,600,573
			(Cost $2,034,464,605)
			OTHER ASSETS & LIABILITIES, NET - (0.6)%					(16,402,264	)
			NET ASSETS - 100.0%				$	2,631,198,309
		*	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 $34,532,990.

29

TIAA-CREF FUNDS - Large-Cap Value Fund

TIAA-CREF FUNDS

LARGE-CAP VALUE FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.4%
AUTOMOBILES & COMPONENTS - 0.5%
	533,775	*	American Axle & Manufacturing Holdings, Inc	$	9,816,122
	439,626		General Motors Co		14,868,152
			TOTAL AUTOMOBILES & COMPONENTS		24,684,274
BANKS - 9.8%
	6,033,543		Bank of America Corp		92,011,531
	1,579,510		Citigroup, Inc		77,253,834
	255,072	*	Essent Group Ltd		4,644,861
	2,107,574		Huntington Bancshares, Inc		20,696,377
	1,403,262		Investors Bancorp, Inc		14,523,762
	1,043,039		JPMorgan Chase & Co		60,152,059
	2,330,230		Keycorp		31,551,314
	3,224,622		Regions Financial Corp		32,697,667
	1,637,168		TCF Financial Corp		25,883,626
	2,800,316		Wells Fargo & Co		142,536,084
			TOTAL BANKS		501,951,115
CAPITAL GOODS - 6.8%
	489,978		Allegion plc		25,199,569
	152,229		General Dynamics Corp		17,775,780
	7,452,360		General Electric Co		187,426,854
	717,606	e	Joy Global, Inc		42,525,331
	85,278		L-3 Communications Holdings, Inc		8,950,779
	145,596	*,e	NOW, Inc		4,686,735
	312,574		SPX Corp		30,985,461
	553,081		Textron, Inc		20,115,556
	359,634	*	USG Corp		9,512,319
			TOTAL CAPITAL GOODS		347,178,384
CONSUMER DURABLES & APPAREL - 2.1%
	150,013	*,e	Deckers Outdoor Corp		13,277,651
	586,567		Hasbro, Inc		29,304,887
	726,277	*	Jarden Corp		40,598,885
	1,407,079		Pulte Homes, Inc		24,834,944
			TOTAL CONSUMER DURABLES & APPAREL		108,016,367
CONSUMER SERVICES - 3.0%
	672,210	*	Apollo Group, Inc (Class A)		18,774,825
	613,493		ARAMARK Holdings Corp		16,539,771
	923,714		Burger King Worldwide, Inc		24,367,575
	641,117		Darden Restaurants, Inc		29,972,220
	2,512,568	e	Echo Entertainment Group Ltd		7,697,084
	1,240,966		Extended Stay America, Inc		27,971,374
	403,578		Interval Leisure Group, Inc		8,547,782

30

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES			COMPANY	VALUE
	115,732		Las Vegas Sands Corp	$	8,546,808
	185,492	*	Orient-Express Hotels Ltd		2,300,101
	181,199		Six Flags Entertainment Corp		6,925,426
			TOTAL CONSUMER SERVICES		151,642,966
DIVERSIFIED FINANCIALS - 4.9%
	108,898	*,e	Ally Financial, Inc		2,500,298
	319,701		Apollo Management LP		8,395,348
	301,842		Capital One Financial Corp		24,008,513
	370,012	*	E*Trade Financial Corp		7,777,652
	142,147		Goldman Sachs Group, Inc		24,572,952
	1,351,975	*	ING Groep NV (ADR)		17,535,116
	894,163		Legg Mason, Inc		42,428,034
	1,585,064		Morgan Stanley		51,260,970
	831,796		State Street Corp		58,591,710
	512,147	*	Synchrony Financial		11,779,381
			TOTAL DIVERSIFIED FINANCIALS		248,849,974
ENERGY - 14.7%
	95,519		Anadarko Petroleum Corp		10,206,205
	239,935	*	Antero Resources Corp		13,858,646
	435,070		Apache Corp		44,664,286
	1,144,797		Cameco Corp		23,079,107
	1,005,219		Chevron Corp		129,914,503
	502,960	*	Cobalt International Energy, Inc		8,057,419
	422,793		ConocoPhillips		34,880,422
	263,870	*	Dresser-Rand Group, Inc		15,702,904
	1,296,896	*,e	EP Energy Corp		25,937,920
	2,559,894	e	EXCO Resources, Inc		11,801,111
	1,206,868		Exxon Mobil Corp		119,407,520
	998,321		Kinder Morgan, Inc		35,919,590
	1,243,397		Marathon Oil Corp		48,181,634
	736,350	*	Matador Resources Co		19,910,904
	876,709		Nabors Industries Ltd		23,811,416
	176,945		Occidental Petroleum Corp		17,289,296
	207,210	*	PDC Energy, Inc		11,243,215
	162,128		Phillips 66		13,150,202
	300,793		Superior Energy Services		10,106,645
	5,990,437		Talisman Energy, Inc		62,600,067
	261,754		Teekay Corp		14,569,228
	936,780	*	Weatherford International Ltd		20,955,769
	666,575		Williams Cos, Inc		37,748,142
			TOTAL ENERGY		752,996,151
FOOD & STAPLES RETAILING - 1.4%
	750,335		CVS Corp		57,295,581
	175,613	p	Walgreen Co		12,076,906
			TOTAL FOOD & STAPLES RETAILING		69,372,487
FOOD, BEVERAGE & TOBACCO - 2.2%
	569,733		Archer Daniels Midland Co		26,435,611
	760,732		Mondelez International, Inc		27,386,352

31

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES			COMPANY	VALUE
	363,884		Philip Morris International, Inc	$	29,842,127
	558,508		SABMiller plc		30,411,644
			TOTAL FOOD, BEVERAGE & TOBACCO		114,075,734
HEALTH CARE EQUIPMENT & SERVICES - 4.4%
	492,622		Abbott Laboratories		20,749,239
	979,804	*	Boston Scientific Corp		12,521,895
	340,051		Covidien plc		29,417,812
	257,079	*	Express Scripts Holding Co		17,905,552
	1,272,206	*	Hologic, Inc		33,166,410
	602,300	*	Olympus Corp		21,673,029
	866,571		UnitedHealth Group, Inc		70,235,580
	239,465	*	WellCare Health Plans, Inc		14,937,827
	59,051		WellPoint, Inc		6,484,390
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		227,091,734
HOUSEHOLD & PERSONAL PRODUCTS - 2.7%
	1,926,885		Avon Products, Inc		25,434,882
	162,391		Beiersdorf AG.		14,636,986
	1,271,854		Procter & Gamble Co		98,339,751
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		138,411,619
INSURANCE - 7.0%
	422,766		ACE Ltd		42,318,876
	617,779		Allstate Corp		36,109,182
	736,961		American International Group, Inc		38,307,233
	452,191	*	Berkshire Hathaway, Inc (Class B)		56,718,317
	997,486		Hartford Financial Services Group, Inc		34,074,122
	733,286	*	Hilltop Holdings, Inc		15,032,363
	463,868		Marsh & McLennan Cos, Inc		23,550,578
	836,488		Metlife, Inc		43,999,269
	475,761		Principal Financial Group		23,635,807
	218,205		Prudential Financial, Inc		18,977,289
	281,300		Travelers Cos, Inc		25,193,228
			TOTAL INSURANCE		357,916,264
MATERIALS - 3.2%
	138,171		Akzo Nobel NV		9,951,571
	465,506		Axiall Corp		19,937,622
	2,002,479	*,e	Cemex SAB de C.V. (ADR)		25,151,136
	1,233,598	e	Cliffs Natural Resources, Inc		21,526,285
	730,084	*	Constellium NV		21,157,834
	428,266		Freeport-McMoRan Copper & Gold, Inc (Class B)		15,940,060
	1,306,066	*	Louisiana-Pacific Corp		17,684,134
	125,030		Sealed Air Corp		4,015,964
	514,709		Southern Copper Corp (NY)		16,913,338
	236,818	*	Trinseo S.A.		3,947,756
	86,483	e	Wacker Chemie AG.		10,010,675
			TOTAL MATERIALS		166,236,375

32

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES			COMPANY	VALUE
MEDIA - 1.2%
	302,633		CBS Outdoor Americas, Inc	$	10,074,653
	277,831		Time Warner, Inc		23,065,530
	34,728	*	Time, Inc		836,945
	300,883	*	Tribune Co		24,822,847
	75,221	*	Tribune Publishing Co		1,581,892
			TOTAL MEDIA		60,381,867
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 9.5%
	384,808		AbbVie, Inc		20,140,851
	315,496		Agilent Technologies, Inc		17,696,171
	1,369,009	*	Biovitrum AB		16,459,073
	253,223		Bristol-Myers Squibb Co		12,818,148
	358,033	*	Endo International plc		24,016,854
	5,186	*,e	Foundation Medicine, Inc		116,789
	1,510,196		Johnson & Johnson		151,155,518
	1,549,708		Merck & Co, Inc		87,930,432
	209,369		Novartis AG. (ADR)		18,202,541
	120,614		Perrigo Co plc		18,146,376
	2,330,648		Pfizer, Inc		66,889,597
	312,512	*	Qiagen NV (NASDAQ)		7,634,668
	128,669	e	Questcor Pharmaceuticals, Inc		11,576,350
	87,268	*	Salix Pharmaceuticals Ltd		11,511,522
	712,645		Zoetis Inc		23,453,147
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		487,748,037
REAL ESTATE - 3.2%
	559,971		Brixmor Property Group, Inc		12,683,343
	481,579	*	Forest City Enterprises, Inc (Class A)		9,231,869
	253,185		Liberty Property Trust		8,904,517
	560,493		Mack-Cali Realty Corp		11,826,402
	251,727		Post Properties, Inc		13,643,603
	169,045		Potlatch Corp		6,981,559
	485,979	*	Realogy Holdings Corp		17,864,588
	196,538		SL Green Realty Corp		21,186,796
	945,283		Starwood Property Trust, Inc		22,308,679
	392,030		Vornado Realty Trust		41,563,021
			TOTAL REAL ESTATE		166,194,377
RETAILING - 2.1%
	108,343		American Eagle Outfitters, Inc		1,154,936
	308,575	*	Bed Bath & Beyond, Inc		19,529,712
	505,199		Best Buy Co, Inc		15,019,566
	473,385		DSW, Inc (Class A)		12,587,307
	152,542		Expedia, Inc		12,114,886
	1,331,363	*,e	Groupon, Inc		8,613,918
	11,589,948	e	Hengdeli Holdings Ltd		2,018,881
	23,073,000	*	Intime Retail Group Co Ltd		21,497,324
	1,713,873	*,e	JC Penney Co, Inc		16,076,129
	98,900	*,e	Lifestyle Properties Development Ltd		13,308
			TOTAL RETAILING		108,625,967

33

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES			COMPANY	VALUE
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.1%
	369,074		Broadcom Corp (Class A)	$	14,120,771
	468,600	*	First Solar, Inc		29,573,346
	717,578		Intel Corp		24,318,719
	698,488	*	International Rectifier Corp		17,350,442
	2,736,407	*	ON Semiconductor Corp		23,423,644
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		108,786,922
SOFTWARE & SERVICES - 4.3%
	403,558	*	Autodesk, Inc		21,529,819
	159,223	*	Citrix Systems, Inc		10,784,174
	112,925		DST Systems, Inc		10,171,155
	653,559	*	Fortinet, Inc		16,044,873
	2,495,392		Microsoft Corp		107,701,119
	291,497	*	Rackspace Hosting, Inc		8,829,444
	239,054	*,e	VistaPrint Ltd		11,775,800
	577,683	*	Yahoo!, Inc		20,686,828
	4,822,316	*	Zynga, Inc		14,081,163
			TOTAL SOFTWARE & SERVICES		221,604,375
TECHNOLOGY HARDWARE & EQUIPMENT - 4.2%
	332,657	*,e	Ciena Corp		6,496,791
	2,215,317		Cisco Systems, Inc		55,892,448
	446,156		Corning, Inc		8,766,965
	540,718		EMC Corp		15,843,037
	1,593,114		Hewlett-Packard Co		56,730,790
	1,056,896	*	JDS Uniphase Corp		12,545,356
	536,491	*	Juniper Networks, Inc		12,628,998
	4,496,938		Nokia Corp		35,660,718
	203,603		Seagate Technology, Inc		11,931,136
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		216,496,239
TELECOMMUNICATION SERVICES - 3.5%
	2,475,174		AT&T, Inc		88,091,442
	4,277,376	e	Frontier Communications Corp		28,016,813
	881,707	*	Level 3 Communications, Inc		38,777,474
	549,671		Telephone & Data Systems, Inc		13,741,775
	2,631,085		Vodafone Group plc		8,761,753
			TOTAL TELECOMMUNICATION SERVICES		177,389,257
TRANSPORTATION - 2.8%
	833,352	*	American Airlines Group, Inc		32,375,725
	726,667	*,b,m	AMR Corp (Escrow)		7,267
	654,054		Con-Way, Inc		32,277,565
	158,213		FedEx Corp		23,238,325
	1,243,661	*	Hertz Global Holdings, Inc		35,096,114
	360,525	*	UAL Corp		16,724,755
	350,059		UTI Worldwide, Inc		3,311,558
			TOTAL TRANSPORTATION		143,031,309

34

TIAA-CREF FUNDS - Large-Cap Value Fund

SHARES			COMPANY	RATE			MATURITY DATE	VALUE
UTILITIES - 3.8%
	879,532	*	Calpine Corp					$	19,384,885
	1,038,852		Centerpoint Energy, Inc						25,264,881
	304,907		Duke Energy Corp						21,992,942
	230,685		Edison International						12,641,538
	1,055,499		Exelon Corp						32,804,909
	206,670		FirstEnergy Corp						6,450,171
	381,434		NextEra Energy, Inc						35,812,838
	574,744		NRG Energy, Inc						17,794,074
	245,946		PG&E Corp						10,986,408
	123,953		Sempra Energy						12,359,353
			TOTAL UTILITIES						195,491,999
			TOTAL COMMON STOCKS						5,094,173,793
			(Cost $4,223,230,622)
PURCHASED OPTION - 0.0%
FOOD & STAPLES RETAILING - 0.0%
	28,000		Walgreen Co						11,760
			TOTAL FOOD & STAPLES RETAILING						11,760
			TOTAL PURCHASED OPTION						11,760
			(Cost $54,320)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 3.8%
TREASURY DEBT - 0.2%
$	7,200,000		United States Treasury Bill		0.033	%	12/18/14		7,198,682
			TOTAL TREASURY DEBT						7,198,682
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 3.6%
	185,035,645	a,c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust						185,035,645
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						185,035,645
			TOTAL SHORT-TERM INVESTMENTS						192,234,327
			(Cost $192,234,742)
			TOTAL INVESTMENTS - 103.2%						5,286,419,880
			(Cost $4,415,519,684)
			OTHER ASSETS & LIABILITIES, NET - (3.2)%						(162,172,348	)
			NET ASSETS - 100.0%					$	5,124,247,532

	Abbreviation(s):
	ADR    American Depositary Receipt
*	Non-income producing.
a	Affiliated holding.
b	In bankruptcy.
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 $180,027,953.
m	Indicates a security that has been deemed illiquid.
p	All or a portion of these securities have been segregated by the custodian to cover margin requirements on open written options contracts.

35

TIAA-CREF FUNDS - Mid-Cap Growth Fund

TIAA-CREF FUNDS
MID-CAP GROWTH FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.7%
AUTOMOBILES & COMPONENTS - 1.3%
	152,824		Delphi Automotive plc	$	10,208,643
	56,620	*,e	Tesla Motors, Inc		12,643,246
			TOTAL AUTOMOBILES & COMPONENTS		22,851,889
BANKS - 1.4%
	1,153,147		Investors Bancorp, Inc		11,935,071
	107,623	*	Signature Bank		12,310,995
			TOTAL BANKS		24,246,066
CAPITAL GOODS - 12.1%
	372,794		Ametek, Inc		18,151,340
	229,076		Chicago Bridge & Iron Co NV		13,588,788
	127,508		Crane Co		8,748,324
	445,716		Fortune Brands Home & Security, Inc		16,843,608
	363,863	*	Hexcel Corp		13,553,897
	146,418		Ingersoll-Rand plc		8,607,914
	643,609		Masco Corp		13,387,067
	141,762	*	Middleby Corp		10,328,779
	96,732		Parker Hannifin Corp		11,119,344
	197,577	*,e	Proto Labs, Inc		16,003,737
	168,434		Rockwell Automation, Inc		18,807,340
	118,440		Roper Industries, Inc		17,063,651
	438,100	*	Spirit Aerosystems Holdings, Inc (Class A)		14,268,917
	182,460		Timken Co		8,082,978
	117,162		TransDigm Group, Inc		19,673,843
			TOTAL CAPITAL GOODS		208,229,527
COMMERCIAL & PROFESSIONAL SERVICES - 0.6%
	84,816	*	Stericycle, Inc		9,978,602
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		9,978,602
CONSUMER DURABLES & APPAREL - 7.4%
	177,644		Carter’s, Inc		13,600,425
	679,308		DR Horton, Inc		14,061,676
	118,500	*,e	Garmin Ltd		6,522,240
	354,548		Hasbro, Inc		17,713,218
	173,400	*	Kate Spade & Co		6,559,722
	259,757	*	Michael Kors Holdings Ltd		21,165,000
	127,473		Phillips-Van Heusen Corp		14,044,975
	102,232		Polaris Industries, Inc		15,083,309
	308,736		VF Corp		18,916,255
			TOTAL CONSUMER DURABLES & APPAREL		127,666,820

36

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	VALUE
CONSUMER SERVICES - 2.4%
	23,461	*	Chipotle Mexican Grill, Inc (Class A)	$	15,777,523
	272,945	*	Chuy’s Holdings, Inc		7,819,874
	465,535	*	Del Frisco’s Restaurant Group, Inc		9,925,206
	100,000		Sotheby’s (Class A)		3,965,000
	127,500	*,e	Zoe’s Kitchen, Inc		3,698,775
			TOTAL CONSUMER SERVICES		41,186,378
DIVERSIFIED FINANCIALS - 8.8%
	90,898	*	Affiliated Managers Group, Inc		18,111,426
	346,958		CBOE Holdings, Inc		16,817,054
	64,236		IntercontinentalExchange Group, Inc		12,347,444
	505,391	e	iShares Russell Midcap Growth Index Fund		43,782,022
	247,806		Lazard Ltd (Class A)		12,960,254
	291,375		McGraw-Hill Financial, Inc		23,374,103
	281,407		Moody’s Corp		24,482,409
			TOTAL DIVERSIFIED FINANCIALS		151,874,712
ENERGY - 6.6%
	190,054	*	Cheniere Energy, Inc		13,448,221
	164,027	*	Concho Resources, Inc		23,095,001
	231,368		EQT Corp		21,706,946
	430,304		Noble Energy, Inc		28,610,913
	683,669	*	Southwestern Energy Co		27,743,288
			TOTAL ENERGY		114,604,369
FOOD & STAPLES RETAILING - 1.0%
	343,811		Kroger Co		16,839,863
			TOTAL FOOD & STAPLES RETAILING		16,839,863
FOOD, BEVERAGE & TOBACCO - 5.1%
	271,056	*	Constellation Brands, Inc (Class A)		22,568,123
	193,109	*	Hain Celestial Group, Inc		16,510,819
	103,057		Keurig Green Mountain, Inc		12,292,639
	249,104		Lorillard, Inc		15,065,810
	227,357		Mead Johnson Nutrition Co		20,789,524
			TOTAL FOOD, BEVERAGE & TOBACCO		87,226,915
HEALTH CARE EQUIPMENT & SERVICES - 3.7%
	343,676	*	Acadia Healthcare Co, Inc		16,379,598
	195,923	e	Air Methods Corp		9,845,131
	188,597	*	Envision Healthcare Holdings, Inc		6,742,343
	358,483	*	Insulet Corp		12,668,789
	282,912	*	Pediatrix Medical Group, Inc		16,742,732
	173,609	*	Trupanion, Inc		1,736,090
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		64,114,683
HOUSEHOLD & PERSONAL PRODUCTS - 1.0%
	264,726		Church & Dwight Co, Inc		16,990,115
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		16,990,115

37

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	VALUE
MATERIALS - 3.3%
	60,812		Aptargroup, Inc	$	3,715,613
	654,619	*	Berry Plastics Group, Inc		15,900,695
	140,000		Eastman Chemical Co		11,029,200
	120,300		Methanex Corp (New)		7,827,921
	151,160		Westlake Chemical Corp		13,209,873
	64,023	*	WR Grace & Co		5,826,093
			TOTAL MATERIALS		57,509,395
MEDIA - 1.1%
	222,653	*	AMC Networks, Inc		13,330,235
	375,040	*	Eros International plc		5,501,837
			TOTAL MEDIA		18,832,072
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 6.9%
	271,705		Agilent Technologies, Inc		15,239,934
	390,974	*	Alkermes plc		16,718,048
	146,591	*	Endo International plc		9,833,324
	68,395	*	Illumina, Inc		10,937,044
	423,951	*	Mylan Laboratories, Inc		20,930,461
	354,474	*	NPS Pharmaceuticals, Inc		9,904,004
	162,266	*	Salix Pharmaceuticals Ltd		21,404,508
	165,934	*	Vertex Pharmaceuticals, Inc		14,753,192
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		119,720,515
RETAILING - 9.6%
	105,012		Advance Auto Parts, Inc		12,718,003
	46,616	*	AutoZone, Inc		24,101,871
	209,214		Expedia, Inc		16,615,776
	1,296,777	*,e	Groupon, Inc		8,390,147
	291,188	*	HomeAway, Inc		10,110,048
	367,956		Macy’s, Inc		21,264,177
	32,261	*	NetFlix, Inc		13,637,370
	173,115	*	O’Reilly Automotive, Inc		25,967,250
	291,632		Tractor Supply Co		18,130,761
	167,336	*	Ulta Salon Cosmetics & Fragrance, Inc		15,450,133
			TOTAL RETAILING		166,385,536
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 4.1%
	275,302		Altera Corp		9,007,881
	250,445	p	Avago Technologies Ltd		17,375,874
	238,081	*	Cavium Networks, Inc		11,106,479
	319,592		ChipMOS TECHNOLOGIES Bermuda Ltd		7,516,804
	330,301	e	Microchip Technology, Inc		14,870,151
	49,800	*	Micron Technology, Inc		1,521,390
	137,248	*	NXP Semiconductors NV		8,557,413
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		69,955,992
SOFTWARE & SERVICES - 13.0%
	215,000	*	Akamai Technologies, Inc		12,689,300
	75,059	*	Alliance Data Systems Corp		19,687,225

38

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	VALUE
	240,858	*	Autodesk, Inc	$	12,849,774
	204,707	*	Commvault Systems, Inc		9,830,030
	304,694	*	DealerTrack Holdings, Inc		11,447,354
	145,202	*	FleetCor Technologies, Inc		19,281,374
	586,979	*	Fortinet, Inc		14,410,335
	373,981	*	Guidewire Software, Inc		15,146,230
	198,249		Intuit, Inc		16,250,470
	465,000	*	Pandora Media, Inc		11,680,800
	640,589	*	QLIK Technologies, Inc		16,949,985
	242,553	*	Red Hat, Inc		14,097,180
	77,037	*	ServiceNow, Inc		4,529,776
	101,559	*	Splunk, Inc		4,775,304
	73,417	*	Tableau Software, Inc		4,772,105
	552,924	*	Vantiv, Inc		18,124,849
	102,498	*	Workday, Inc		8,593,432
	126,798	*,p	Yelp, Inc		8,515,754
			TOTAL SOFTWARE & SERVICES		223,631,277
TECHNOLOGY HARDWARE & EQUIPMENT - 4.8%
	449,907	*,e	Ciena Corp		8,786,683
	127,943	*	Electronics for Imaging, Inc		5,638,448
	186,823	*	F5 Networks, Inc		21,034,402
	467,160	*,e	Finisar Corp		9,217,067
	125,000		SanDisk Corp		11,463,750
	162,689	*,e	Stratasys Ltd		16,356,752
	110,300		Western Digital Corp		11,011,249
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		83,508,351
TELECOMMUNICATION SERVICES - 2.4%
	305,218	*	Level 3 Communications, Inc		13,423,488
	258,078	*	SBA Communications Corp (Class A)		27,596,280
			TOTAL TELECOMMUNICATION SERVICES		41,019,768
TRANSPORTATION - 3.1%
	394,272		Alaska Air Group, Inc		17,336,140
	215,000		CH Robinson Worldwide, Inc		14,503,900
	490,000	*	Hertz Global Holdings, Inc		13,827,800
	100,000		Ryder System, Inc		8,613,000
			TOTAL TRANSPORTATION		54,280,840
			TOTAL COMMON STOCKS		1,720,653,685
			(Cost $1,509,130,805)
PURCHASED OPTION - 0.1%
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.1%
	125,000		Avago Technologies Ltd		243,750
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		243,750
			TOTAL PURCHASED OPTION		243,750
			(Cost $277,500)

39

TIAA-CREF FUNDS - Mid-Cap Growth Fund

SHARES			COMPANY	VALUE
SHORT-TERM INVESTMENTS - 8.3%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 8.3%
	143,972,772	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	143,972,772
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		143,972,772
			TOTAL SHORT-TERM INVESTMENTS		143,972,772
			(Cost $143,972,772)
			TOTAL INVESTMENTS - 108.1%		1,864,870,207
			(Cost $1,653,381,077)
			OTHER ASSETS & LIABILITIES, NET - (8.1)%		(139,242,251	)
			NET ASSETS - 100.0%	$	1,725,627,956

*	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 $138,071,172.
p	All or a portion of these securities have been segregated by the custodian to cover margin requirements on open written options contracts.

40

TIAA-CREF FUNDS - Mid-Cap Value Fund

TIAA-CREF FUNDS

MID-CAP VALUE FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.7%
AUTOMOBILES & COMPONENTS - 1.6%
	191,000	e	Autoliv, Inc	$	19,006,410
	255,000		Lear Corp		24,013,350
	147,612		Magna International, Inc (Class A) (NY)		15,853,529
	183,243	*	TRW Automotive Holdings Corp		18,743,926
			TOTAL AUTOMOBILES & COMPONENTS		77,617,215
BANKS - 7.4%
	671,466		BankUnited		20,976,598
	570,000		CIT Group, Inc		27,992,700
	78,165		Cullen/Frost Bankers, Inc		6,094,525
	425,000		East West Bancorp, Inc		14,475,500
	625,000	*	Essent Group Ltd		11,381,250
	2,450,000		Fifth Third Bancorp		50,176,000
	865,310		First Horizon National Corp		10,193,352
	3,450,000		Huntington Bancshares, Inc		33,879,000
	1,346,479		Investors Bancorp, Inc		13,936,057
	3,280,000		Keycorp		44,411,200
	231,182	e	M&T Bank Corp		28,088,613
	2,750,000		Regions Financial Corp		27,885,000
	1,010,000		SunTrust Banks, Inc		38,430,500
	685,714		Synovus Financial Corp		16,148,565
	1,000,000		TCF Financial Corp		15,810,000
	309,000		Zions Bancorporation		8,905,380
			TOTAL BANKS		368,784,240
CAPITAL GOODS - 5.5%
	126,601	*	Armstrong World Industries, Inc		6,162,937
	270,000		Crane Co		18,524,700
	315,000		Exelis, Inc		5,304,600
	244,323		Fortune Brands Home & Security, Inc		9,232,966
	129,288		Hubbell, Inc (Class B)		15,118,939
	215,000		Ingersoll-Rand plc		12,639,850
	447,925		ITT Corp		20,591,112
	245,000		KBR, Inc		5,061,700
	519,187		Masco Corp		10,799,090
	305,000		Owens Corning, Inc		10,385,250
	530,000		Paccar, Inc		33,003,100
	36,648		Precision Castparts Corp		8,385,062
	150,000		Rockwell Collins, Inc		10,990,500
	155,000		SPX Corp		15,365,150
	274,863		Terex Corp		9,485,522
	630,000		Textron, Inc		22,913,100
	420,000	*	USG Corp		11,109,000
	274,863	*	WABCO Holdings, Inc		26,793,645

41

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
	124,000		Westinghouse Air Brake Technologies Corp	$	10,004,320
	290,000		Xylem, Inc		10,234,100
			TOTAL CAPITAL GOODS		272,104,643
COMMERCIAL & PROFESSIONAL SERVICES - 0.4%
	460,000		Republic Services, Inc		17,447,800
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		17,447,800
CONSUMER DURABLES & APPAREL - 1.7%
	800,000		DR Horton, Inc		16,560,000
	397,025	*	Jarden Corp		22,193,698
	844,950		Newell Rubbermaid, Inc		27,443,976
	15,000	*	NVR, Inc		16,896,900
			TOTAL CONSUMER DURABLES & APPAREL		83,094,574
CONSUMER SERVICES - 1.8%
	196,028		ARAMARK Holdings Corp		5,284,915
	441,035		Burger King Worldwide, Inc		11,634,503
	415,000		Darden Restaurants, Inc		19,401,250
	1,374,317	*	Denny’s Corp		9,414,071
	463,783		Extended Stay America, Inc		10,453,669
	325,765		Interval Leisure Group, Inc		6,899,703
	300,000		Marriott International, Inc (Class A)		19,413,000
	101,546		Starwood Hotels & Resorts Worldwide, Inc		7,802,795
			TOTAL CONSUMER SERVICES		90,303,906
DIVERSIFIED FINANCIALS - 4.2%
	80,000	*	Affiliated Managers Group, Inc		15,940,000
	232,396	*,e	Ally Financial, Inc		5,335,812
	489,000		Ameriprise Financial, Inc		58,484,400
	570,087		Blackstone Group LP		18,630,443
	252,000		Discover Financial Services		15,387,120
	1,250,000	*	E*Trade Financial Corp		26,275,000
	141,652	*	FNFV Group		2,317,427
	730,000		Invesco Ltd		27,469,900
	286,465		Lazard Ltd (Class A)		14,982,120
	453,015		Raymond James Financial, Inc		23,081,114
			TOTAL DIVERSIFIED FINANCIALS		207,903,336
ENERGY - 9.3%
	500,000		Anadarko Petroleum Corp		53,425,000
	209,330		Apache Corp		21,489,818
	645,000		Baker Hughes, Inc		44,356,650
	435,507		Capital Product Partners LP		4,829,773
	542,092		Consol Energy, Inc		21,044,011
	155,000	*	Dresser-Rand Group, Inc		9,224,050
	140,000	*	Dril-Quip, Inc		14,107,800
	190,000		Energen Corp		15,509,700
	300,000		EQT Corp		28,146,000
	640,000		Gibson Energy, Inc		19,634,062
	500,000		Nabors Industries Ltd		13,580,000

42

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
	515,000		Noble Energy, Inc	$	34,242,350
	130,000		Oceaneering International, Inc		8,828,300
	100,000		Oneok, Inc		6,443,000
	60,000		Pioneer Natural Resources Co		13,287,600
	200,000		Questar Market Resources, Inc		6,610,000
	740,000		Rowan Cos plc		22,584,800
	150,000		SemGroup Corp		11,562,000
	1,600,000		Talisman Energy, Inc (Toronto)		16,743,248
	145,000		Targa Resources Investments, Inc		18,487,500
	375,000		Tesco Corp		7,320,000
	460,000		Tesoro Corp		28,308,400
	480,000	*	Weatherford International Ltd		10,737,600
	567,843		Williams Cos, Inc		32,156,949
			TOTAL ENERGY		462,658,611
FOOD & STAPLES RETAILING - 0.5%
	277,554		Kroger Co		13,594,595
	1,832,421	*	Rite Aid Corp		12,258,896
			TOTAL FOOD & STAPLES RETAILING		25,853,491
FOOD, BEVERAGE & TOBACCO - 2.9%
	225,000		Archer Daniels Midland Co		10,440,000
	245,000		Ingredion, Inc		18,039,350
	570,000		Lorillard, Inc		34,473,600
	380,000		Reynolds American, Inc		21,223,000
	97,000		Sanderson Farms, Inc		8,835,730
	1,370,000	*	Tyson Foods, Inc (Class A)		50,977,700
			TOTAL FOOD, BEVERAGE & TOBACCO		143,989,380
HEALTH CARE EQUIPMENT & SERVICES - 6.8%
	877,812	*	Allscripts Healthcare Solutions, Inc		13,974,767
	2,630,000	*	Boston Scientific Corp		33,611,400
	656,626		Cardinal Health, Inc		47,047,253
	875,000	*	CareFusion Corp		38,316,250
	460,000		Cigna Corp		41,418,400
	220,000		Healthsouth Corp		8,432,600
	1,075,000	*	Hologic, Inc		28,025,250
	240,000		Humana, Inc		28,236,000
	520,000		Omnicare, Inc		32,500,000
	290,000	*	Tenet Healthcare Corp		15,303,300
	260,000		Universal Health Services, Inc (Class B)		27,716,000
	262,000		Zimmer Holdings, Inc		26,218,340
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		340,799,560
INSURANCE - 7.3%
	325,000		ACE Ltd		32,532,500
	350,000		Aon plc		29,526,000
	285,043	*	Arch Capital Group Ltd		15,235,548
	340,000		Axis Capital Holdings Ltd		14,671,000
	127,000		Everest Re Group Ltd		19,800,570
	550,000	*	FNF Group		14,910,500
	1,350,000		Hartford Financial Services Group, Inc		46,116,000

43

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
	1,275,000	*	Hilltop Holdings, Inc	$	26,137,500
	225,000		ING Canada, Inc		15,006,191
	630,000		Marsh & McLennan Cos, Inc		31,985,100
	200,000		PartnerRe Ltd		20,872,000
	432,655		Principal Financial Group		21,494,301
	165,000		RenaissanceRe Holdings Ltd		16,138,650
	390,204		UnumProvident Corp		13,395,703
	285,043		Validus Holdings Ltd		10,412,621
	1,035,000		XL Capital Ltd		33,368,400
			TOTAL INSURANCE		361,602,584
MATERIALS - 5.8%
	230,000		Albemarle Corp		14,108,200
	220,000		Ashland, Inc		23,023,000
	777,653	*	Berry Plastics Group, Inc		18,889,191
	205,000		Celanese Corp (Series A)		11,933,050
	300,000	*	Crown Holdings, Inc		13,965,000
	239,233		Cytec Industries, Inc		24,126,648
	167,000		Eastman Chemical Co		13,156,260
	800,000	*	Ferro Corp		10,032,000
	650,000	*	Louisiana-Pacific Corp		8,801,000
	447,925		MeadWestvaco Corp		18,723,265
	765,000		Nucor Corp		38,418,300
	540,000	*	Owens-Illinois, Inc		16,842,600
	155,000		Schweitzer-Mauduit International, Inc		6,328,650
	231,613	*	Trinseo S.A.		3,860,989
	250,000	e	United States Steel Corp		8,372,500
	255,000		Westlake Chemical Corp		22,284,450
	420,000	*	WR Grace & Co		38,220,000
			TOTAL MATERIALS		291,085,103
MEDIA - 2.4%
	875,000		DISH Network Corp (Class A)		54,127,500
	1,450,000		Interpublic Group of Cos, Inc		28,579,500
	203,602	*	Madison Square Garden, Inc		12,081,743
	290,000	*	Tribune Co		23,925,000
	72,500	*	Tribune Publishing Co		1,524,675
			TOTAL MEDIA		120,238,418
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 4.1%
	150,000	*	Actavis plc		32,139,000
	570,000		Agilent Technologies, Inc		31,971,300
	618,418	*	Biovitrum AB		7,435,004
	390,000	*	Mylan Laboratories, Inc		19,254,300
	335,944	*	PerkinElmer, Inc		15,527,332
	302,000		Perrigo Co plc		45,435,900
	317,000	e	Questcor Pharmaceuticals, Inc		28,520,490
	193,000	*	Salix Pharmaceuticals Ltd		25,458,630
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		205,741,956

44

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
REAL ESTATE - 10.4%
	356,304		American Assets Trust,Inc	$	12,217,664
	330,000		AvalonBay Communities, Inc		48,866,400
	523,156		Blackstone Mortgage Trust, Inc		14,894,251
	287,000		Boston Properties, Inc		34,282,150
	690,000		Brixmor Property Group, Inc		15,628,500
	1,500,000		DDR Corp		26,310,000
	389,532		Gaming and Leisure Properties, Inc		13,115,543
	1,099,173		General Growth Properties, Inc		25,687,673
	1,445,577		Host Marriott Corp		31,426,844
	425,000		Kennedy-Wilson Holdings, Inc		9,945,000
	381,755		Kilroy Realty Corp		23,607,729
	768,600		Kimco Realty Corp		17,201,268
	240,000		Macerich Co		15,602,400
	580,000		Mack-Cali Realty Corp		12,238,000
	2,400,000		MFA Mortgage Investments, Inc		19,536,000
	510,000		Pennsylvania REIT		9,807,300
	940,000		Prologis, Inc		38,361,400
	225,000		SL Green Realty Corp		24,255,000
	1,000,000		Starwood Property Trust, Inc		23,600,000
	260,000		Tanger Factory Outlet Centers, Inc		9,009,000
	104,855		Taubman Centers, Inc		7,713,134
	1,330,000		Two Harbors Investment Corp		13,605,900
	490,000		Vornado Realty Trust		51,949,800
	660,000		Weingarten Realty Investors		21,720,600
			TOTAL REAL ESTATE		520,581,556
RETAILING - 2.3%
	505,000	*	Ann Taylor Stores Corp		18,558,750
	790,000		Best Buy Co, Inc		23,486,700
	1,230,000	*	Liberty Interactive Corp		34,501,500
	445,000		Macy’s, Inc		25,716,550
	1,125,000		Staples, Inc		13,038,750
			TOTAL RETAILING		115,302,250
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.9%
	291,000		Analog Devices, Inc		14,442,330
	1,075,000		Applied Materials, Inc		22,532,000
	180,000		Avago Technologies Ltd		12,488,400
	810,000	*	Fairchild Semiconductor International, Inc		12,328,200
	558,000	*,e	Freescale Semiconductor Holdings Ltd		11,171,160
	380,000		Lam Research Corp		26,600,000
	1,230,000	*	Micron Technology, Inc		37,576,500
	400,000	*	NXP Semiconductors NV		24,940,000
	1,240,000	*	ON Semiconductor Corp		10,614,400
	590,000	e	Teradyne, Inc		10,749,800
	250,000		Xilinx, Inc		10,282,500
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		193,725,290
SOFTWARE & SERVICES - 1.5%
	41,000	*	Alliance Data Systems Corp		10,753,890
	620,000		CA, Inc		17,905,600
	3,500,000		Xerox Corp		46,410,000
			TOTAL SOFTWARE & SERVICES		75,069,490

45

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	VALUE
TECHNOLOGY HARDWARE & EQUIPMENT - 4.9%
	434,386	*	Arrow Electronics, Inc	$	25,172,669
	1,018,012		Brocade Communications Systems, Inc		9,375,890
	480,000	*,e	Ciena Corp		9,374,400
	1,625,000	*	JDS Uniphase Corp		19,288,750
	500,000	*	Juniper Networks, Inc		11,770,000
	410,000		NetApp, Inc		15,924,400
	270,000		SanDisk Corp		24,761,700
	614,780		Seagate Technology, Inc		36,026,108
	800,000		TE Connectivity Ltd		49,512,000
	420,000		Western Digital Corp		41,928,600
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		243,134,517
TELECOMMUNICATION SERVICES - 0.8%
	650,000	*	Level 3 Communications, Inc		28,587,000
	480,000		Telephone & Data Systems, Inc		12,000,000
			TOTAL TELECOMMUNICATION SERVICES		40,587,000
TRANSPORTATION - 2.7%
	260,000		Alaska Air Group, Inc		11,432,200
	480,000	*	American Airlines Group, Inc		18,648,000
	335,000	*	Avis Budget Group, Inc		18,823,650
	232,946		Costamare, Inc		5,520,820
	407,205		CSX Corp		12,183,574
	820,000		Delta Air Lines, Inc		30,717,200
	447,925	*	Hertz Global Holdings, Inc		12,640,443
	101,802		Kansas City Southern Industries, Inc		11,102,526
	550,000		Safe Bulkers, Inc		4,009,500
	240,000	*	UAL Corp		11,133,600
			TOTAL TRANSPORTATION		136,211,513
UTILITIES - 10.5%
	400,000		American Water Works Co, Inc		19,108,000
	820,000	*	Calpine Corp		18,072,800
	1,401,803		Centerpoint Energy, Inc		34,091,849
	850,000		CMS Energy Corp		24,590,500
	545,000		DTE Energy Co		40,231,900
	870,000		Edison International		47,676,000
	167,972		National Fuel Gas Co		11,574,951
	920,000		NiSource, Inc		34,665,600
	335,159		Northeast Utilities		14,713,480
	381,755		NorthWestern Corp		17,644,716
	780,000		NRG Energy, Inc		24,148,800
	730,000		OGE Energy Corp		26,243,500
	311,593		PG&E Corp		13,918,859
	1,180,000		PPL Corp		38,928,200
	910,000		Public Service Enterprise Group, Inc		32,004,700
	366,484		Questar Corp		8,150,604
	655,000		Sempra Energy		65,310,050
	200,000		Southwest Gas Corp		9,906,000
	35,605	*,e	TerraForm Power, Inc		1,094,854

46

TIAA-CREF FUNDS - Mid-Cap Value Fund

SHARES			COMPANY	RATE		MATURITY DATE	VALUE
	310,000		UIL Holdings Corp				$	10,884,100
	1,070,000		Xcel Energy, Inc					32,956,000
			TOTAL UTILITIES					525,915,463
			TOTAL COMMON STOCKS					4,919,751,896
			(Cost $3,530,714,878)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 2.6%
TREASURY DEBT - 0.5%
$	10,000,000		United States Treasury Bill	0.025	%	08/07/14		9,999,958
	7,200,000		United States Treasury Bill	0.033		12/18/14		7,198,682
	13,050,000		United States Treasury Bill	0.074		02/05/15		13,046,594
			TOTAL TREASURY DEBT					30,245,234
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 2.1%
	102,326,807	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust					102,326,807
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES					102,326,807
			TOTAL SHORT-TERM INVESTMENTS					132,572,041
			(Cost $132,570,818)
			TOTAL INVESTMENTS - 101.3%					5,052,323,937
			(Cost $3,663,285,696)
			OTHER ASSETS & LIABILITIES, NET - (1.3)%					(66,416,433	)
			NET ASSETS - 100.0%				$	4,985,907,504

	Abbreviation(s):
	REIT    Real Estate Investment Trust
*	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 $98,406,278.

47

TIAA-CREF FUNDS - Small-Cap Equity Fund

TIAA-CREF FUNDS

SMALL-CAP EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.5%
AUTOMOBILES & COMPONENTS - 0.9%
	327,974	*	Tenneco, Inc	$	20,891,944
			TOTAL AUTOMOBILES & COMPONENTS		20,891,944
BANKS - 8.6%
	165,743		Banner Corp		6,669,498
	664,712		Boston Private Financial Holdings, Inc		8,295,606
	756,911		Brookline Bancorp, Inc		6,834,906
	1,085,349		Capitol Federal Financial		12,698,583
	703,975		Cathay General Bancorp		18,014,720
	627,200		First Commonwealth Financial Corp		5,368,832
	721,011		FirstMerit Corp		12,689,794
	597,623		FNB Corp		7,350,763
	722,361		Home Loan Servicing Solutions Ltd		15,458,525
	1,505,584		Investors Bancorp, Inc		15,582,794
	1,588,598	*	MGIC Investment Corp		11,739,739
	1,100,179		National Penn Bancshares, Inc		11,331,844
	458,542		Oritani Financial Corp		6,786,422
	283,800		PrivateBancorp, Inc		8,173,440
	334,143		Prosperity Bancshares, Inc		19,423,733
	721,924		Provident Financial Services, Inc		12,063,350
	908,270		Radian Group, Inc		11,498,698
	1,018,600		Susquehanna Bancshares, Inc		10,369,348
	228,480		Webster Financial Corp		6,550,522
	209,079	*	Western Alliance Bancorp		4,787,909
			TOTAL BANKS		211,689,026
CAPITAL GOODS - 7.9%
	237,860		Actuant Corp (Class A)		7,678,121
	75,030		Acuity Brands, Inc		8,048,468
	139,652	*	American Woodmark Corp		4,105,769
	293,242		Applied Industrial Technologies, Inc		14,210,507
	83,200		Clarcor, Inc		4,934,592
	344,370		Comfort Systems USA, Inc		5,131,113
	100,245		Crane Co		6,877,809
	114,589		Curtiss-Wright Corp		7,277,547
	243,269		EMCOR Group, Inc		9,957,000
	209,493		EnerSys		13,288,141
	46,580		Graco, Inc		3,453,907
	74,389		Heico Corp		3,656,963
	302,121	*	Hexcel Corp		11,254,007
	132,500		Hillenbrand, Inc		3,981,625
	81,704		LB Foster Co (Class A)		3,811,492
	228,318		Mueller Industries, Inc		6,354,090
	493,650	*	Orbital Sciences Corp		12,671,995

48

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	142,477	*,e	Proto Labs, Inc	$	11,540,637
	1,039,075	*	Taser International, Inc		12,531,245
	177,800	*	Teledyne Technologies, Inc		16,215,360
	83,869		Tennant Co		6,118,244
	98,350		Universal Forest Products, Inc		4,305,763
	162,470	*	WABCO Holdings, Inc		15,837,576
			TOTAL CAPITAL GOODS		193,241,971
COMMERCIAL & PROFESSIONAL SERVICES - 4.1%
	245,748		American Ecology Corp		11,122,554
	216,005		HNI Corp		7,633,617
	173,914	*	Huron Consulting Group, Inc		10,511,362
	405,186	*	Korn/Ferry International		11,920,572
	264,553	*	On Assignment, Inc		7,145,577
	360,501		Rollins, Inc		10,205,783
	589,847	*	RPX Corp		9,201,613
	541,827	*	TrueBlue, Inc		14,623,911
	180,066		Viad Corp		3,821,001
	343,226	*	WageWorks, Inc		14,326,253
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		100,512,243
CONSUMER DURABLES & APPAREL - 1.9%
	428,350		Brunswick Corp		17,275,356
	495,873	*	CROCS, Inc		7,869,505
	238,100		La-Z-Boy, Inc		5,009,624
	113,093		Movado Group, Inc		4,628,896
	339,794	*	Steven Madden Ltd		10,822,439
			TOTAL CONSUMER DURABLES & APPAREL		45,605,820
CONSUMER SERVICES - 3.7%
	121,264		Cheesecake Factory		5,199,800
	98,293		DineEquity, Inc		7,966,648
	221,549	*	Hyatt Hotels Corp		13,033,728
	296,741	*	Marriott Vacations Worldwide Corp		17,077,444
	279,729	*	Multimedia Games, Inc		6,747,063
	611,019	*	Orient-Express Hotels Ltd		7,576,636
	815,087		Service Corp International		17,116,827
	257,100		Texas Roadhouse, Inc (Class A)		6,396,648
	143,000		Vail Resorts, Inc		10,796,500
			TOTAL CONSUMER SERVICES		91,911,294
DIVERSIFIED FINANCIALS - 0.6%
	197,974		Cash America International, Inc		8,788,066
	373,400	*	KCG Holdings, Inc		4,264,228
	109,400	e	RCS Capital Corp (Class A)		2,255,828
			TOTAL DIVERSIFIED FINANCIALS		15,308,122
ENERGY - 6.0%
	950,300	*,e	Alpha Natural Resources, Inc		3,221,517
	425,256	*,e	Approach Resources, Inc		8,947,386
	481,300	*	Callon Petroleum Co		4,755,244

49

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	121,500	e	CVR Energy, Inc	$	5,720,220
	310,702		Delek US Holdings, Inc		9,078,712
	117,713	e	Energy XXI Bermuda Ltd		2,349,552
	305,600		Green Plains Renewable Energy, Inc		11,456,944
	532,568	*	Helix Energy Solutions Group, Inc		13,543,204
	241,755	*	Matrix Service Co		6,491,122
	1,016,215	*	Pioneer Energy Services Corp		14,948,523
	571,398	*	Renewable Energy Group, Inc		6,399,658
	110,192	*	Rex Stores Corp		9,294,695
	202,784	*	Stone Energy Corp		7,715,931
	107,862		Targa Resources Investments, Inc		13,752,405
	1,273,929	*	Vaalco Energy, Inc		8,790,110
	331,288		W&T Offshore, Inc		4,442,572
	174,100		Western Refining, Inc		7,131,136
	730,743	*	Willbros Group, Inc		8,469,311
			TOTAL ENERGY		146,508,242
FOOD & STAPLES RETAILING - 0.9%
	170,100	*,e	Fresh Market, Inc		5,091,093
	213,219	*,e	Sprouts Farmers Market, Inc		6,505,312
	140,300	*	United Natural Foods, Inc		8,224,386
	45,532		Weis Markets, Inc		1,942,395
			TOTAL FOOD & STAPLES RETAILING		21,763,186
FOOD, BEVERAGE & TOBACCO - 1.2%
	171,205		Fresh Del Monte Produce, Inc		5,125,878
	177,265	e	Sanderson Farms, Inc		16,147,069
	122,477	*	TreeHouse Foods, Inc		9,002,059
			TOTAL FOOD, BEVERAGE & TOBACCO		30,275,006
HEALTH CARE EQUIPMENT & SERVICES - 6.0%
	177,970	*	Align Technology, Inc		9,647,754
	529,846	*	AMN Healthcare Services, Inc		6,940,983
	163,112	*	Amsurg Corp		7,790,229
	66,591	*	Anika Therapeutics, Inc		2,800,818
	193,692		Computer Programs & Systems, Inc		12,748,807
	109,235	*	Cyberonics, Inc		6,496,206
	239,213	*	Cynosure, Inc (Class A)		5,439,704
	209,672	*	HealthStream, Inc		5,233,413
	91,600	*	ICU Medical, Inc		5,335,700
	163,744		Masimo Corp		3,942,956
	263,148	*	Medidata Solutions, Inc		11,799,556
	138,600	*	Natus Medical, Inc		3,987,522
	242,090	*	NuVasive, Inc		9,049,324
	243,916	*	Omnicell, Inc		6,683,298
	692,028	*	OraSure Technologies, Inc		5,695,390
	161,668	*	PharMerica Corp		4,363,419
	446,836		Quality Systems, Inc		6,930,426
	413,300		Select Medical Holdings Corp		6,422,682
	158,700	*	Team Health Holdings, Inc		8,974,485
	320,074	*	Thoratec Corp		10,402,405
	107,548	*	WellCare Health Plans, Inc		6,708,844
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		147,393,921

50

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
INSURANCE - 3.2%
	221,300	e	Amtrust Financial Services, Inc	$	9,436,232
	380,800		Assured Guaranty Ltd		8,499,456
	320,065	e	HCI Group, Inc		12,770,593
	755,180		Maiden Holdings Ltd		8,669,466
	837,892	*	MBIA, Inc		8,027,005
	297,690		Montpelier Re Holdings Ltd		8,790,786
	76,091		Platinum Underwriters Holdings Ltd		4,458,933
	220,996		Primerica, Inc		10,183,496
	486,502	*	Third Point Reinsurance Ltd		7,083,469
			TOTAL INSURANCE		77,919,436
MATERIALS - 4.8%
	173,300		A. Schulman, Inc		6,886,942
	728,400	*,e	AK Steel Holding Corp		6,628,440
	45,269		Ampco-Pittsburgh Corp		913,076
	143,400		Balchem Corp		7,170,000
	332,784	*	Boise Cascade Co		9,367,870
	463,680	*	Coeur d’Alene Mines Corp		3,616,704
	58,700		Cytec Industries, Inc		5,919,895
	413,381		Globe Specialty Metals, Inc		7,866,640
	245,340		Minerals Technologies, Inc		14,246,894
	235,599		OM Group, Inc		6,660,384
	70,938		Quaker Chemical Corp		5,008,932
	524,791	*,e	Resolute Forest Products		8,076,533
	196,105	*	RTI International Metals, Inc		4,875,170
	275,729		Schnitzer Steel Industries, Inc (Class A)		7,364,722
	766,064	*	Stillwater Mining Co		13,712,546
	272,157	*	Worthington Industries, Inc		10,410,005
			TOTAL MATERIALS		118,724,753
MEDIA - 2.6%
	244,325		Cinemark Holdings, Inc		8,013,860
	412,577	*	EW Scripps Co (Class A)		8,944,669
	535,861	*	Journal Communications, Inc (Class A)		5,830,168
	298,967		Lamar Advertising Co (Class A)		14,993,195
	643,880	*	Live Nation, Inc		14,944,455
	410,200	*	Time, Inc		9,885,820
			TOTAL MEDIA		62,612,167
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 6.9%
	238,900	*,e	Acadia Pharmaceuticals, Inc		4,842,503
	45,685	*,e	Acceleron Pharma, Inc		1,353,190
	486,800	*,e	Achillion Pharmaceuticals, Inc		3,334,580
	246,600	*	Acorda Therapeutics, Inc		7,217,982
	636,648	*,e	Affymetrix, Inc		5,475,173
	52,700	*	Alnylam Pharmaceuticals, Inc		2,848,435
	163,079	*,e	AMAG Pharmaceuticals, Inc		3,113,178
	575,300	*,e	Arena Pharmaceuticals, Inc		2,663,639
	180,000	*	Arrowhead Research Corp		2,277,000

51

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	828,442	*	AVANIR Pharmaceuticals, Inc	$	4,316,183
	223,755	*	Cambrex Corp		4,714,518
	107,296	*,e	Cara Therapeutics Inc		1,368,024
	81,200	*,e	Celldex Therapeutics, Inc		1,062,908
	229,604	*,e	Cepheid, Inc		8,642,295
	629,396	*,e	CTI BioPharma Corp		1,630,136
	387,776	*,e	Cytokinetics, Inc		1,640,292
	451,768	*	Depomed, Inc		4,495,092
	88,689	*,e	Genomic Health, Inc		2,259,796
	287,844	*	Impax Laboratories, Inc		6,732,671
	210,800	*	Insmed, Inc		3,602,572
	175,839	*,e	Insys Therapeutics, Inc		4,752,928
	96,200	*	InterMune, Inc		4,220,294
	290,370	*,e	Isis Pharmaceuticals, Inc		8,998,566
	51,600	*,e	Karyopharm Therapeutics, Inc		1,790,004
	157,400	*	Lannett Co, Inc		5,290,214
	398,270	*	Medicines Co		9,307,570
	191,082	*	Momenta Pharmaceuticals, Inc		2,033,112
	266,119	*	NPS Pharmaceuticals, Inc		7,435,365
	162,740	*	OncoGenex Pharmaceutical, Inc		491,475
	499,531	*,e	Orexigen Therapeutics, Inc		2,492,660
	338,200	*	Parexel International Corp		18,113,992
	355,344	*	Prestige Brands Holdings, Inc		10,944,595
	180,921	*	Prothena Corp plc		3,140,788
	50,451	*	Puma Biotechnology, Inc		11,185,996
	91,655	*	Sagent Pharmaceuticals		2,335,369
	87,700	*	TESARO, Inc		2,522,252
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		168,645,347
REAL ESTATE - 9.1%
	279,300		Aviv REIT, Inc		7,946,085
	1,242,582		Cousins Properties, Inc		15,383,165
	835,944		CubeSmart		15,222,540
	670,270		DuPont Fabros Technology, Inc		18,372,101
	196,170		EastGroup Properties, Inc		12,233,161
	937,862		Education Realty Trust, Inc		9,903,823
	228,742		Extra Space Storage, Inc		11,832,824
	1,020,405		Hersha Hospitality Trust		6,744,877
	179,263		LTC Properties, Inc		6,871,151
	86,023		New Residential Investment Corp		514,417
	449,467		Parkway Properties, Inc		9,317,451
	121,778		PS Business Parks, Inc		10,046,685
	934,677		RAIT Investment Trust		7,197,013
	381,900		Retail Opportunities Investment Corp		5,892,717
	653,107		RLJ Lodging Trust		18,313,120
	93,629		Saul Centers, Inc		4,463,294
	223,154		Sovran Self Storage, Inc		17,120,375
	301,700	*,e	St. Joe Co		6,890,828
	1,500,500	*	Strategic Hotels & Resorts, Inc		17,120,705
	265,168		Sun Communities, Inc		13,955,792
	562,579		Sunstone Hotel Investors, Inc		7,982,996
			TOTAL REAL ESTATE		223,325,120

52

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
RETAILING - 5.7%
	113,200	*	Asbury Automotive Group, Inc	$	7,644,396
	384,577	*	Barnes & Noble, Inc		8,006,893
	147,724		Big Lots, Inc		6,462,925
	119,415	e	Children’s Place Retail Stores, Inc		5,994,633
	913,324	*	Christopher & Banks Corp		7,808,920
	211,500	*,e	Five Below, Inc		7,745,130
	198,554	*	Kirkland’s, Inc		3,734,801
	99,773		Lithia Motors, Inc (Class A)		8,864,831
	234,800		Men’s Wearhouse, Inc		11,815,136
	2,296,200	*	Office Depot, Inc		11,503,962
	807,053	*	Orbitz Worldwide, Inc		7,142,419
	342,386		Penske Auto Group, Inc		15,903,830
	121,100	*	Restoration Hardware Holdings, Inc		9,904,769
	79,654	*,e	RetailMeNot, Inc		1,948,337
	178,699	*	Shutterfly, Inc		8,813,435
	174,700	*	Vitamin Shoppe, Inc		7,450,955
	101,800	*,e	zulily, Inc		3,524,316
	207,649	*	Zumiez, Inc		5,783,024
			TOTAL RETAILING		140,052,712
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 4.1%
	313,870	*,e	Ambarella, Inc		8,979,821
	172,051	*	Cabot Microelectronics Corp		6,914,730
	317,521	*	Cavium Networks, Inc		14,812,355
	691,338	*	Entegris, Inc		7,943,474
	1,542,556	*	Entropic Communications, Inc		4,303,731
	496,573	*	Integrated Device Technology, Inc		7,130,788
	1,603,722	*	Lattice Semiconductor Corp		10,969,458
	1,280,300	*	PMC - Sierra, Inc		8,616,419
	879,777	*	Rambus, Inc		10,126,233
	1,620,476	*	Silicon Image, Inc		8,086,175
	416,100	e	Teradyne, Inc		7,581,342
	201,938	*	Ultratech, Inc		4,781,892
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		100,246,418
SOFTWARE & SERVICES - 9.3%
	393,995	*	Aspen Technology, Inc		17,115,143
	276,234	*	Constant Contact, Inc		8,599,164
	158,726	*	Cornerstone OnDemand, Inc		6,641,096
	175,900	*,e	Cvent, Inc		4,803,829
	196,834	*,e	Demandware, Inc		11,857,280
	140,443		DST Systems, Inc		12,649,701
	30,349	*	Euronet Worldwide, Inc		1,518,664
	49,061	*,e	Gigamon, Inc		566,164
	421,000	*	Glu Mobile, Inc		2,361,810
	217,400	*	Guidewire Software, Inc		8,804,700
	160,100	*	iGate Corp		5,712,368
	373,425	*	LogMeIn, Inc		15,202,131
	372,242	*	Manhattan Associates, Inc		10,929,025
	298,065	*,e	Marketo, Inc		8,152,078

53

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	263,931		MAXIMUS, Inc	$	10,916,186
	1,010,150	*	Monster Worldwide, Inc		6,565,975
	172,400	*,e	NeuStar, Inc (Class A)		4,803,064
	335,188		Pegasystems, Inc		7,162,968
	213,700	*	Proofpoint, Inc		7,537,199
	139,274	*	Syntel, Inc		12,029,095
	172,600	*	Tableau Software, Inc		11,219,000
	414,463	*	TiVo, Inc		5,578,672
	105,858	*	Ultimate Software Group, Inc		14,281,303
	204,089	*,e	Varonis Systems, Inc		4,302,196
	287,942	*,e	WebMD Health Corp (Class A)		14,348,150
	431,833	*	Xoom Corp		9,353,503
	87,400	*,e	Yelp, Inc		5,869,784
			TOTAL SOFTWARE & SERVICES		228,880,248
TECHNOLOGY HARDWARE & EQUIPMENT - 5.8%
	581,021	e	Alliance Fiber Optic Products, Inc		7,774,061
	427,787	*	ARRIS Group, Inc		14,617,482
	523,800	*	Aruba Networks, Inc		9,355,068
	387,973	*	Benchmark Electronics, Inc		9,369,548
	526,000	*,e	Ciena Corp		10,272,780
	396,296	*	Immersion Corp		5,409,440
	287,653	*	Plexus Corp		11,313,392
	1,149,237	*	QLogic Corp		10,458,057
	429,700	*	Ruckus Wireless, Inc		5,547,427
	615,680	*	Sanmina Corp		14,339,187
	1,786,940	*	Sonus Networks, Inc		6,307,898
	320,980	*	Super Micro Computer, Inc		8,400,047
	111,979	*,e	Synaptics, Inc		8,088,243
	214,549	*	SYNNEX Corp		13,838,411
	231,900	*,e	Universal Display Corp		7,110,054
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		142,201,095
TELECOMMUNICATION SERVICES - 1.1%
	1,265,048	*	8x8, Inc		10,221,588
	459,916		Inteliquent, Inc		4,879,709
	500,541	*	Premiere Global Services, Inc		6,557,087
	1,403,410	*	Vonage Holdings Corp		4,883,867
			TOTAL TELECOMMUNICATION SERVICES		26,542,251
TRANSPORTATION - 1.4%
	266,726		Arkansas Best Corp		8,463,216
	96,056	*	Echo Global Logistics, Inc		2,114,193
	182,350		Landstar System, Inc		12,058,806
	377,375		Matson, Inc		10,170,256
	49,406	*	XPO Logistics, Inc		1,526,151
			TOTAL TRANSPORTATION		34,332,622
UTILITIES - 3.7%
	348,388		American States Water Co		10,643,253
	430,203		Avista Corp		13,349,199
	281,055		Black Hills Corp		14,814,409

54

TIAA-CREF FUNDS - Small-Cap Equity Fund

SHARES			COMPANY	VALUE
	348,364	e	Empire District Electric Co	$	8,538,402
	25,000	e	iShares Micro-Cap ETF		1,769,000
	240,444		Laclede Group, Inc		11,296,059
	275,989		New Jersey Resources Corp		14,097,518
	188,407		NorthWestern Corp		8,708,172
	201,000		UIL Holdings Corp		7,057,110
			TOTAL UTILITIES		90,273,122
			TOTAL COMMON STOCKS		2,438,856,066
			(Cost $2,175,969,721)
SHORT-TERM INVESTMENTS - 9.8%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 9.8%
	240,582,173	a,c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		240,582,173
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		240,582,173
			TOTAL SHORT-TERM INVESTMENTS		240,582,173
			(Cost $240,582,173)
			TOTAL INVESTMENTS - 109.3%		2,679,438,239
			(Cost $2,416,551,894)
			OTHER ASSETS & LIABILITIES, NET - (9.3)%		(227,962,652	)
			NET ASSETS - 100.0%	$	2,451,475,587

	Abbreviation(s):
	ETF       Exchange Traded Fund
	REIT     Real Estate Investment Trust
*	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 $227,495,873.

55

TIAA-CREF FUNDS - Social Choice Equity Fund

TIAA-CREF FUNDS
SOCIAL CHOICE EQUITY FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.6%
AUTOMOBILES & COMPONENTS - 2.0%
	130		Autoliv, Inc	$	12,936
	19,676		BorgWarner, Inc		1,224,831
	7,000		Delphi Automotive plc		467,600
	918,451		Ford Motor Co		15,632,036
	70,343		Harley-Davidson, Inc		4,348,604
	244,234		Johnson Controls, Inc		11,537,614
	8,602	*	Modine Manufacturing Co		118,450
	29,529	*	Tenneco, Inc		1,880,997
	30,406	*,e	Tesla Motors, Inc		6,789,660
			TOTAL AUTOMOBILES & COMPONENTS		42,012,728
BANKS - 3.5%
	13,100		Associated Banc-Corp		234,752
	4,424		Astoria Financial Corp		56,981
	7,468		Bank of Hawaii Corp		427,020
	299,996		BB&T Corp		11,105,852
	5,200		Boston Private Financial Holdings, Inc		64,896
	1,470		Capitol Federal Financial		17,199
	1,120		Cardinal Financial Corp		19,779
	690		Cathay General Bancorp		17,657
	3,446		Centerstate Banks of Florida, Inc		35,907
	35,380		CIT Group, Inc		1,737,512
	440		Columbia Banking System, Inc		11,216
	51,230		Comerica, Inc		2,574,820
	254		Commerce Bancshares, Inc		11,445
	797		Community Bank System, Inc		28,078
	2,109		Cullen/Frost Bankers, Inc		164,439
	2,540		East West Bancorp, Inc		86,512
	3,238		Federal Agricultural Mortgage Corp (Class C)		94,388
	2,880		First Commonwealth Financial Corp		24,653
	1,523		First Community Bancshares, Inc		22,403
	6,758		First Interstate Bancsystem, Inc		176,384
	910		First Merchants Corp		18,136
	574		First Niagara Financial Group, Inc		4,936
	201		Flushing Financial Corp		3,735
	1,130		FNB Corp		13,899
	540		Glacier Bancorp, Inc		14,299
	1,279		Hancock Holding Co		41,491
	63,350		Huntington Bancshares, Inc		622,097
	501,381		Keycorp		6,788,699
	4,095		Lakeland Bancorp, Inc		41,114
	84,790	e	M&T Bank Corp		10,301,985
	14,980	*	MGIC Investment Corp		110,702
	1,360		National Penn Bancshares, Inc		14,008

56

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	310		NBT Bancorp, Inc	$	7,245
	40,135	e	New York Community Bancorp, Inc		637,344
	2,082		Northfield Bancorp, Inc		26,566
	3,640		Old National Bancorp		48,703
	5,423		PacWest Bancorp		225,976
	2,510		Peoples Bancorp, Inc		58,558
	982	e	People’s United Financial, Inc		14,259
	510		Pinnacle Financial Partners, Inc		18,870
	160,662		PNC Financial Services Group, Inc		13,264,255
	48,562	*	Popular, Inc		1,549,128
	5,210		PrivateBancorp, Inc		150,048
	11,168		Provident Financial Services, Inc		186,617
	203,620		Radian Group, Inc		2,577,829
	1,440	*	Signature Bank		164,722
	5,007		Susquehanna Bancshares, Inc		50,971
	7,960	*	SVB Financial Group		867,799
	429		TCF Financial Corp		6,783
	870	*	Texas Capital Bancshares, Inc		45,284
	350		Trustmark Corp		8,061
	650		Umpqua Holdings Corp		10,998
	1,980	e	United Bankshares, Inc		63,518
	2,000		United Financial Bancorp, Inc (New)		25,360
	392,404		US Bancorp		16,492,740
	3,230		Webster Financial Corp		92,604
	1,553	e	Westamerica Bancorporation		74,265
	1,160	*	Western Alliance Bancorp		26,564
	5,660		Wilshire Bancorp, Inc		53,317
	230		Wintrust Financial Corp		10,656
	10,315		Zions Bancorporation		297,278
			TOTAL BANKS		71,943,312
CAPITAL GOODS - 6.4%
	128,235		3M Co		18,067,029
	5,778		A.O. Smith Corp		269,833
	589		Aceto Corp		9,872
	4,150		Actuant Corp (Class A)		133,962
	1,450		Acuity Brands, Inc		155,542
	2,117	*	Aerovironment, Inc		66,664
	137,819		Ametek, Inc		6,710,407
	286		Applied Industrial Technologies, Inc		13,860
	12,937	*	ArvinMeritor, Inc		162,618
	2,565		Astec Industries, Inc		99,702
	29,970		Barnes Group, Inc		1,026,473
	419	*	Beacon Roofing Supply, Inc		11,581
	8,750		Briggs & Stratton Corp		160,388
	33,044	*	Builders FirstSource, Inc		196,281
	1,630	*	Chart Industries, Inc		123,962
	3,098		Clarcor, Inc		183,742
	3,420	*	Colfax Corp		215,357
	66,470		Cummins, Inc		9,265,253
	176,542		Danaher Corp		13,042,923
	123,104		Deere & Co		10,477,381

57

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	18,591		Dover Corp	$	1,594,364
	108,661		Eaton Corp		7,380,255
	1,365		EMCOR Group, Inc		55,869
	1,790		EnerSys		113,540
	600	*	Esterline Technologies Corp		65,130
	50,373	e	Fastenal Co		2,234,043
	5,388		Fluor Corp		392,624
	3,293		Fortune Brands Home & Security, Inc		124,442
	300		GATX Corp		18,600
	19,881		Graco, Inc		1,474,176
	245		Granite Construction, Inc		7,975
	1,410		H&E Equipment Services, Inc		51,014
	4,430	*	Hexcel Corp		165,018
	140,032		Illinois Tool Works, Inc		11,534,436
	41,062		Ingersoll-Rand plc		2,414,035
	500	*	Jacobs Engineering Group, Inc		25,405
	2,750	e	Joy Global, Inc		162,965
	1,785	*,e	Layne Christensen Co		19,367
	7,720		Lincoln Electric Holdings, Inc		512,917
	143,809		Masco Corp		2,991,227
	447	*	Middleby Corp		32,568
	2,279		MSC Industrial Direct Co (Class A)		194,376
	415	*	MYR Group, Inc		10,296
	39,362		Nordson Corp		2,958,842
	51,124		Owens Corning, Inc		1,740,772
	84,822		Paccar, Inc		5,281,866
	10,326		Pall Corp		799,955
	11,759		Parker Hannifin Corp		1,351,697
	32,920		Pentair plc		2,109,184
	2,753		Pike Electric Corp		22,189
	12,819	*	Polypore International, Inc		552,499
	53,128		Precision Castparts Corp		12,155,686
	29,353	*	Quanta Services, Inc		983,032
	29,443		Rockwell Automation, Inc		3,287,605
	8,094		Rockwell Collins, Inc		593,047
	12,415		Roper Industries, Inc		1,788,629
	2,611	*	Rush Enterprises, Inc (Class A)		91,986
	4,718		Snap-On, Inc		567,104
	2,702		TAL International Group, Inc		119,428
	29,991		Tennant Co		2,187,843
	4,793		Timken Co		212,330
	11,900	*	United Rentals, Inc		1,260,210
	1,160	e	Valmont Industries, Inc		168,931
	1,480		W.W. Grainger, Inc		348,022
	10,000	*	Wabash National Corp		136,100
	9,255	*	WABCO Holdings, Inc		902,177
	1,355	*,e	WESCO International, Inc		106,354
	2,354		Westinghouse Air Brake Technologies Corp		189,921
	5,280		Woodward Governor Co		263,789
	2,729		Xylem, Inc		96,306
			TOTAL CAPITAL GOODS		132,242,976

58

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
COMMERCIAL & PROFESSIONAL SERVICES - 0.6%
	540		ABM Industries, Inc	$	13,289
	9,060	e	Acacia Research (Acacia Technologies)		154,564
	137,401	*	ACCO Brands Corp		909,595
	305		Brink’s Co		8,186
	2,628	*	CBIZ, Inc		21,445
	970		CDI Corp		13,454
	1,690	*	Copart, Inc		56,412
	1,360		Corporate Executive Board Co		84,415
	650		Covanta Holding Corp		13,273
	5,827		Deluxe Corp		320,543
	21,668		Dun & Bradstreet Corp		2,384,130
	4,720		Equifax, Inc		359,145
	400		Heidrick & Struggles International, Inc		7,468
	5,092		HNI Corp		179,951
	2,370	*	IHS, Inc (Class A)		311,347
	1,660	*	Innerworkings, Inc		13,529
	5,010		Interface, Inc		79,409
	38,843		Iron Mountain, Inc		1,301,629
	1,760		Kelly Services, Inc (Class A)		28,054
	590		Knoll, Inc		9,918
	690	*	Korn/Ferry International		20,300
	7,926		Manpower, Inc		617,356
	3,562	*	Mistras Group, Inc		75,229
	430		Mobile Mini, Inc		16,237
	3,470	*	Navigant Consulting, Inc		56,630
	970	*	On Assignment, Inc		26,200
	30,590		R.R. Donnelley & Sons Co		531,042
	2,311		Resources Connection, Inc		34,896
	42,629		Robert Half International, Inc		2,073,901
	4,160	*	RPX Corp		64,896
	1,210		Steelcase, Inc (Class A)		18,271
	10,180		Tetra Tech, Inc		247,170
	290		United Stationers, Inc		11,188
	457		Viad Corp		9,698
	51,314		Waste Management, Inc		2,303,486
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		12,376,256
CONSUMER DURABLES & APPAREL - 1.0%
	5,420		Callaway Golf Co		41,192
	198		Columbia Sportswear Co		14,802
	490	e	Ethan Allen Interiors, Inc		11,231
	1,690		Hanesbrands, Inc		165,130
	258		Hasbro, Inc		12,890
	549	*	Iconix Brand Group, Inc		23,184
	2,531	*	Jarden Corp		141,483
	155,677		Mattel, Inc		5,514,858
	2,300	*	Meritage Homes Corp		88,090
	2,740	*	Mohawk Industries, Inc		341,870
	6,980		Movado Group, Inc		285,691
	5,166		Newell Rubbermaid, Inc		167,792
	148,484		Nike, Inc (Class B)		11,452,571

59

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	5,260		Oxford Industries, Inc	$	313,338
	1,614		Phillips-Van Heusen Corp		177,830
	1,356		Polaris Industries, Inc		200,064
	397		Pool Corp		21,740
	6,790		Ryland Group, Inc		217,959
	399	*	Tempur-Pedic International, Inc		21,829
	4,527		Tupperware Corp		329,475
	13,152	*	Under Armour, Inc (Class A)		877,896
	4,706	*	Unifi, Inc		134,780
	9,814		VF Corp		601,304
	2,945		Whirlpool Corp		420,075
			TOTAL CONSUMER DURABLES & APPAREL		21,577,074
CONSUMER SERVICES - 2.5%
	1,289	e	Bob Evans Farms, Inc		61,240
	6,640		Brinker International, Inc		297,738
	2,380	*	Chipotle Mexican Grill, Inc (Class A)		1,600,550
	33,027		Choice Hotels International, Inc		1,548,636
	25,606		Darden Restaurants, Inc		1,197,081
	320		DineEquity, Inc		25,936
	5,070		Domino’s Pizza, Inc		365,040
	1,850		Dunkin Brands Group, Inc		79,291
	359		Jack in the Box, Inc		20,531
	114,717		Marriott International, Inc (Class A)		7,423,337
	185,545		McDonald’s Corp		17,545,135
	141,220	*	MGM Mirage		3,790,345
	9,927	*	Popeyes Louisiana Kitchen, Inc		400,058
	10,200		Royal Caribbean Cruises Ltd		608,430
	32,267	*	Ruby Tuesday, Inc		193,925
	2,668	*	Sonic Corp		55,094
	180,011		Starbucks Corp		13,983,255
	43,755		Starwood Hotels & Resorts Worldwide, Inc		3,362,134
	190		Vail Resorts, Inc		14,345
	2,545	e	Weight Watchers International, Inc		55,201
			TOTAL CONSUMER SERVICES		52,627,302
DIVERSIFIED FINANCIALS - 7.1%
	189,789		American Express Co		16,701,432
	365,691		Bank of New York Mellon Corp		14,276,577
	41,685		BlackRock, Inc		12,702,670
	171,722		Capital One Financial Corp		13,658,768
	430		CBOE Holdings, Inc		20,842
	449,382		Charles Schwab Corp		12,470,350
	98,824		CME Group, Inc		7,307,047
	280	e	Cohen & Steers, Inc		11,623
	194,393		Discover Financial Services		11,869,637
	197,624		Franklin Resources, Inc		10,701,340
	4,600	*	Green Dot Corp		82,754
	42,434		IntercontinentalExchange Group, Inc		8,156,663
	4,000	*	Internet Capital Group, Inc		67,680
	161,698		Invesco Ltd		6,084,696
	153	*	Investment Technology Group, Inc		2,798

60

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	17,936	e	Janus Capital Group, Inc	$	204,291
	16,271		Legg Mason, Inc		772,059
	22,954		NASDAQ OMX Group, Inc		968,429
	1,423		Nelnet, Inc (Class A)		58,670
	162,446		Northern Trust Corp		10,866,013
	6,610	*	PHH Corp		154,343
	1,500	*	Pico Holdings, Inc		33,225
	3,216	*	Safeguard Scientifics, Inc		63,838
	173,972		State Street Corp		12,254,588
	86,438		T Rowe Price Group, Inc		6,712,775
	3,000		TD Ameritrade Holding Corp		96,360
	10,000	*,e	WisdomTree Investments, Inc		102,600
			TOTAL DIVERSIFIED FINANCIALS		146,402,068
ENERGY - 9.9%
	99,182		Apache Corp		10,182,024
	6,796	*	Atwood Oceanics, Inc		327,227
	18,832		Baker Hughes, Inc		1,295,077
	18,430	*,e	BPZ Energy, Inc		48,287
	54,794	*	Cameron International Corp		3,885,443
	2,638	e	CARBO Ceramics, Inc		328,537
	5,698	*	Carrizo Oil & Gas, Inc		349,914
	52,380	*	Cheniere Energy, Inc		3,706,409
	28,581		Cimarex Energy Co		3,973,331
	461	*	Clayton Williams Energy, Inc		49,055
	78,200	*,e	Clean Energy Fuels Corp		778,872
	8,230	*	Concho Resources, Inc		1,158,784
	13,967		Contango Oil & Gas Co		561,892
	43,177	*,e	Continental Resources, Inc		6,337,520
	100	e	Core Laboratories NV		14,643
	2,655		Dawson Geophysical Co		66,641
	2,470		Delek US Holdings, Inc		72,173
	5		Denbury Resources, Inc		85
	134,235	*	Devon Energy Corp		10,134,743
	1,150		Energen Corp		93,874
	138,922		EOG Resources, Inc		15,203,624
	72,233		EQT Corp		6,776,900
	1,665		Exterran Holdings, Inc		70,346
	3,777	*	FMC Technologies, Inc		229,642
	1,752	*,e	Geospace Technologies Corp		70,500
	112,633		Hess Corp		11,148,414
	60,991	*	ION Geophysical Corp		228,716
	11,770	*	Key Energy Services, Inc		72,268
	3,916	*	Kinder Morgan Management LLC		301,255
	213,762	*	Kodiak Oil & Gas Corp		3,321,861
	234,465		Marathon Oil Corp		9,085,519
	125,799		Marathon Petroleum Corp		10,501,701
	5,304	*	Matrix Service Co		142,412
	146,506		National Oilwell Varco, Inc		11,872,846
	1,625	*	Natural Gas Services Group, Inc		50,700
	60,006		Noble Corp plc		1,882,388
	114,086		Noble Energy, Inc		7,585,578

61

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	11,580	*,e	Northern Oil And Gas, Inc	$	186,322
	7,740	*	Oasis Petroleum, Inc		413,703
	141,888		Occidental Petroleum Corp		13,863,876
	458		Oceaneering International, Inc		31,103
	422	*	Oil States International, Inc		25,864
	43,886		Oneok, Inc		2,827,575
	8,658	*	PDC Energy, Inc		469,783
	15,633	*	Petroquest Energy, Inc		100,208
	142,371		Phillips 66		11,547,712
	51,255		Pioneer Natural Resources Co		11,350,932
	28,452		Questar Market Resources, Inc		940,339
	1,928		Range Resources Corp		145,738
	11,132	*	Rex Energy Corp		153,510
	79		SEACOR Holdings, Inc		6,001
	7,460	*,e	Solazyme, Inc		72,213
	53,988	*	Southwestern Energy Co		2,190,833
	284,263		Spectra Energy Corp		11,632,042
	21,984		St. Mary Land & Exploration Co		1,726,623
	26,712		Superior Energy Services		897,523
	520		Tesco Corp		10,150
	2,784		Tesoro Corp		171,327
	30,215	*,e	Ultra Petroleum Corp		692,528
	13,893	*	Unit Corp		880,122
	313,054	*	Weatherford International Ltd		7,003,018
	95,149		Western Refining, Inc		3,897,303
	30,232	*	Whiting Petroleum Corp		2,675,230
	142,789		Williams Cos, Inc		8,086,141
			TOTAL ENERGY		203,906,920
FOOD & STAPLES RETAILING - 1.0%
	3,418		Casey’s General Stores, Inc		226,169
	107,830		Kroger Co		5,281,513
	970		Pricesmart, Inc		79,831
	92,089		Safeway, Inc		3,173,387
	4,686		Spartan Stores, Inc		98,218
	243,375		Sysco Corp		8,686,054
	580		Weis Markets, Inc		24,743
	55,022		Whole Foods Market, Inc		2,102,941
			TOTAL FOOD & STAPLES RETAILING		19,672,856
FOOD, BEVERAGE & TOBACCO - 3.5%
	8,150		Bunge Ltd		642,546
	77,129		Campbell Soup Co		3,207,795
	37,440		ConAgra Foods, Inc		1,128,067
	5,840	*	Darling International, Inc		109,325
	201	*,e	Diamond Foods, Inc		5,399
	8,100		Dr Pepper Snapple Group, Inc		475,956
	4,635		Flowers Foods, Inc		88,482
	221,141		General Mills, Inc		11,090,221
	1,900	*	Hain Celestial Group, Inc		162,450
	16,570		Hillshire Brands Co		1,040,099
	5,246		Hormel Foods Corp		237,434

62

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	11,509		J.M. Smucker Co	$	1,146,757
	153,193		Kellogg Co		9,165,537
	25,009		Keurig Green Mountain, Inc		2,983,074
	49,050		Kraft Foods Group, Inc		2,628,344
	6,572		McCormick & Co, Inc		432,306
	21,560		Mead Johnson Nutrition Co		1,971,446
	362,241		Mondelez International, Inc		13,040,676
	245,131		PepsiCo, Inc		21,596,041
	2,326	e	Tootsie Roll Industries, Inc		61,244
	674	*	TreeHouse Foods, Inc		49,539
			TOTAL FOOD, BEVERAGE & TOBACCO		71,262,738
HEALTH CARE EQUIPMENT & SERVICES - 3.7%
	375,714		Abbott Laboratories		15,825,074
	145,474		Aetna, Inc		11,278,599
	2,290	*	Align Technology, Inc		124,141
	21,120	*	Amedisys, Inc		426,202
	7,090		AmerisourceBergen Corp		545,292
	2,141	*	Amsurg Corp		102,254
	3,990	*,e	athenahealth, Inc		496,356
	94,200		Becton Dickinson & Co		10,949,808
	25,830	*,e	BioScrip, Inc		193,467
	11,287	*	Brookdale Senior Living, Inc		391,077
	17,024	*	Centene Corp		1,227,260
	10,101	*	Cerner Corp		557,575
	1,320	e	Chemed Corp		134,442
	58,082		Cigna Corp		5,229,703
	1,249		Computer Programs & Systems, Inc		82,209
	740	*	Cyberonics, Inc		44,008
	6,000	*	DaVita, Inc		422,640
	1,030		Dentsply International, Inc		47,813
	3,900	*	Edwards Lifesciences Corp		351,975
	13,100	*	ExamWorks Group, Inc		462,299
	23,763	*	Five Star Quality Care, Inc		108,597
	2,130	*	Gentiva Health Services, Inc		38,553
	1,539	*	Greatbatch, Inc		76,196
	300	*	Haemonetics Corp		10,671
	4,547	*	Henry Schein, Inc		528,589
	2,640	*	HMS Holdings Corp		48,602
	5,166	*	Hologic, Inc		134,678
	38,997		Humana, Inc		4,587,997
	1,185	*	ICU Medical, Inc		69,026
	12,311	*	Idexx Laboratories, Inc		1,532,473
	240	*	Integra LifeSciences Holdings Corp		11,381
	15,685	*	Inverness Medical Innovations, Inc		627,400
	760	*	IPC The Hospitalist Co, Inc		37,377
	500	*	Laboratory Corp of America Holdings		51,845
	743		Landauer, Inc		32,061
	950	*	LHC Group, Inc		22,306
	17,304	*	LifePoint Hospitals, Inc		1,241,043
	343	*	MedAssets, Inc		7,285
	244,008		Medtronic, Inc		15,065,054

63

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	2,450	*	Merit Medical Systems, Inc	$	31,458
	15,247	*	Molina Healthcare, Inc		622,840
	2,081	*	MWI Veterinary Supply, Inc		293,962
	2,820	*	Natus Medical, Inc		81,131
	620	*	Omnicell, Inc		16,988
	5,728	*	OraSure Technologies, Inc		47,142
	665	e	Owens & Minor, Inc		22,005
	25,404		Patterson Cos, Inc		991,010
	3,370	*	PharMerica Corp		90,956
	240		Quality Systems, Inc		3,722
	9,466	*	Staar Surgical Co		121,827
	1,640	*	Tornier BV		33,997
	126		US Physical Therapy, Inc		4,403
	500	*	Varian Medical Systems, Inc		41,075
	5,020	*	Vocera Communications, Inc		63,101
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		75,588,945
HOUSEHOLD & PERSONAL PRODUCTS - 3.0%
	9,040		Avon Products, Inc		119,328
	4	e	Clorox Co		347
	211,466		Colgate-Palmolive Co		13,406,944
	1,226		Energizer Holdings, Inc		140,696
	63,299		Estee Lauder Cos (Class A)		4,649,945
	91,950	e	Herbalife Ltd		4,818,180
	100,104		Kimberly-Clark Corp		10,397,802
	7,714	*	Medifast, Inc		221,469
	4,949		Nu Skin Enterprises, Inc (Class A)		290,457
	354,686		Procter & Gamble Co		27,424,322
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		61,469,490
INSURANCE - 5.5%
	109,472		ACE Ltd		10,958,147
	192,498		Aflac, Inc		11,499,830
	3,437		Arthur J. Gallagher & Co		154,665
	36,464		Aspen Insurance Holdings Ltd		1,458,925
	8,868		Axis Capital Holdings Ltd		382,654
	242,109	*	Berkshire Hathaway, Inc (Class B)		30,367,732
	109,851		Chubb Corp		9,525,180
	1,217	*	eHealth, Inc		25,192
	476		Employers Holdings, Inc		10,139
	290	*	Enstar Group Ltd		40,020
	3,280		First American Financial Corp		89,019
	391,958	*	Genworth Financial, Inc (Class A)		5,134,650
	85,617		Hartford Financial Services Group, Inc		2,924,677
	400		Kemper Corp		13,844
	45,257		Marsh & McLennan Cos, Inc		2,297,698
	4,654		PartnerRe Ltd		485,691
	12,551		Platinum Underwriters Holdings Ltd		735,489
	109,615		Principal Financial Group		5,445,673
	273,774		Progressive Corp		6,417,263
	151,604		Prudential Financial, Inc		13,185,000
	200		Reinsurance Group of America, Inc (Class A)		16,052

64

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	1,890		RenaissanceRe Holdings Ltd	$	184,861
	2,787		Stewart Information Services Corp		82,133
	129,732		Travelers Cos, Inc		11,618,798
	2,770		Willis Group Holdings plc		112,877
			TOTAL INSURANCE		113,166,209
MATERIALS - 4.6%
	91,901		Air Products & Chemicals, Inc		12,126,337
	500		Albemarle Corp		30,670
	142,122	*,e	Allied Nevada Gold Corp		444,842
	7,701		Aptargroup, Inc		470,531
	51,878		Avery Dennison Corp		2,449,160
	17,772		Ball Corp		1,088,713
	791		Bemis Co, Inc		30,857
	2,310		Carpenter Technology Corp		125,064
	5,451	*,e	Castle (A.M.) & Co		45,134
	12,740		Celanese Corp (Series A)		741,595
	31,721	*	Century Aluminum Co		596,355
	1,826	*	Clearwater Paper Corp		123,438
	36,693		Commercial Metals Co		632,587
	3,735		Compass Minerals International, Inc		321,285
	2,762		Domtar Corp		99,211
	10,768		Eastman Chemical Co		848,303
	105,092		Ecolab, Inc		11,405,635
	2,950	*	Ferro Corp		36,993
	8,960	*	Flotek Industries, Inc		258,496
	530		Globe Specialty Metals, Inc		10,086
	26,314		H.B. Fuller Co		1,174,920
	6,274		Innophos Holdings, Inc		379,138
	2,468		International Flavors & Fragrances, Inc		249,243
	76,030		International Paper Co		3,611,425
	510	*	Kraton Polymers LLC		10,511
	1,240	*	Landec Corp		15,140
	51,006	*	Louisiana-Pacific Corp		690,621
	128,641		LyondellBasell Industries AF S.C.A		13,668,106
	62,916		MeadWestvaco Corp		2,629,889
	13,548		Minerals Technologies, Inc		786,732
	38,299		Mosaic Co		1,765,967
	420		Neenah Paper, Inc		20,840
	171,485		Nucor Corp		8,611,977
	280		OM Group, Inc		7,916
	18,880	*	Owens-Illinois, Inc		588,867
	3,500		PolyOne Corp		132,825
	90,867		Praxair, Inc		11,643,697
	274		Quaker Chemical Corp		19,347
	1,485		Reliance Steel & Aluminum Co		101,351
	34,168	*	Resolute Forest Products		525,846
	1,576		Rock-Tenn Co (Class A)		156,702
	4,580		Rockwood Holdings, Inc		361,545
	45,385		Royal Gold, Inc		3,429,745
	4,126		Schnitzer Steel Industries, Inc (Class A)		110,206
	4,745		Sealed Air Corp		152,409

65

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	6,831		Sherwin-Williams Co	$	1,408,757
	64,975		Sigma-Aldrich Corp		6,524,790
	840		Stepan Co		40,421
	22,148	*	Stillwater Mining Co		396,449
	17,846		Valspar Corp		1,339,342
	1,674		Wausau Paper Corp		16,857
	85,640	*	Worthington Industries, Inc		3,275,730
	1,279		Zep, Inc		19,940
			TOTAL MATERIALS		95,752,543
MEDIA - 3.1%
	54,707	e	Cablevision Systems Corp (Class A)		1,051,469
	8,053		Cinemark Holdings, Inc		264,138
	27,280		Clear Channel Outdoor Holdings, Inc (Class A)		205,964
	43,980	*	DIRECTV		3,784,479
	118,898	*	Discovery Communications, Inc (Class A)		10,131,299
	16,548	*	Discovery Communications, Inc (Class C)		1,391,687
	13,822	*,e	DreamWorks Animation SKG, Inc (Class A)		276,440
	12,529	*	Entercom Communications Corp (Class A)		118,399
	2,205		John Wiley & Sons, Inc (Class A)		132,498
	84,679	*	Journal Communications, Inc (Class A)		921,308
	169,774	*	Liberty Global plc		6,789,262
	154,612	*	Liberty Global plc (Class A)		6,431,859
	2,550	*	Madison Square Garden, Inc		151,317
	175,414	*	McClatchy Co (Class A)		847,250
	65,002		New York Times Co (Class A)		811,875
	320		Scholastic Corp		11,334
	4,280		Scripps Networks Interactive (Class A)		352,715
	18,530	e	Sinclair Broadcast Group, Inc (Class A)		598,704
	90,244		Time Warner Cable, Inc		13,094,404
	203,392		Time Warner, Inc		16,885,604
	10,000	e	World Wrestling Entertainment, Inc (Class A)		124,800
			TOTAL MEDIA		64,376,805
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 8.6%
	17,285	*,e	Affymetrix, Inc		148,651
	112,563		Agilent Technologies, Inc		6,313,659
	29,480	*	Akorn, Inc		1,000,256
	22,070	*	Alexion Pharmaceuticals, Inc		3,508,909
	145,707		Amgen, Inc		18,561,615
	16,810	*,e	Auxilium Pharmaceuticals, Inc		336,536
	28,060	*	AVANIR Pharmaceuticals, Inc		146,192
	51,120	*	Biogen Idec, Inc		17,094,017
	2,490	*,e	Bluebird Bio, Inc		83,166
	349,959		Bristol-Myers Squibb Co		17,714,924
	26,442	*	Cambrex Corp		557,133
	17,776	*,e	Cepheid, Inc		669,089
	70,841	*	Depomed, Inc		704,868
	36,260	*	Endo International plc		2,432,321
	259,504	*	Gilead Sciences, Inc		23,757,591
	870	*,e	Immunogen, Inc		9,379
	10,000	*,e	Immunomedics, Inc		32,400

66

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	54,979	*	Incyte Corp	$	2,615,351
	13,244	*	Ironwood Pharmaceuticals, Inc		196,011
	348,885		Johnson & Johnson		34,919,900
	89,450	*,e	MannKind Corp		747,802
	444,758		Merck & Co, Inc		25,235,569
	594	*	Mettler-Toledo International, Inc		152,741
	73,818	*	Nektar Therapeutics		778,780
	60,610	*,e	Opko Health, Inc		534,580
	70,440	*,e	Orexigen Therapeutics, Inc		351,496
	3,690	*	PerkinElmer, Inc		170,552
	39,492	*	Salix Pharmaceuticals Ltd		5,209,390
	37,321	*,e	Sangamo Biosciences, Inc		443,373
	36,410	*,e	Sarepta Therapeutics, Inc		776,989
	1,397		Techne Corp		130,368
	45,370		Thermo Electron Corp		5,512,455
	3,980	*	United Therapeutics Corp		361,941
	32,848	*	Vertex Pharmaceuticals, Inc		2,920,516
	101,301	*,e	Vivus, Inc		488,271
	17,490	*	Waters Corp		1,809,166
	10,913	*	Xenoport, Inc		46,817
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		176,472,774
REAL ESTATE - 4.0%
	5,017		American Campus Communities, Inc		195,262
	139,299		American Tower Corp		13,148,433
	465,680		Annaly Capital Management, Inc		5,169,048
	1,000		AvalonBay Communities, Inc		148,080
	33,244		Boston Properties, Inc		3,970,996
	55,874	*	CBRE Group, Inc		1,723,154
	99,439		Crown Castle International Corp		7,376,385
	2,518	e	Digital Realty Trust, Inc		162,134
	4,441		Douglas Emmett, Inc		126,524
	40,807		Duke Realty Corp		734,118
	515		Equity One, Inc		11,958
	42,314		Equity Residential		2,735,600
	3,961		Federal Realty Investment Trust		483,638
	74,779		First Industrial Realty Trust, Inc		1,349,761
	1,693	*	Forest City Enterprises, Inc (Class A)		32,455
	540		Franklin Street Properties Corp		6,555
	169,785		HCP, Inc		7,051,171
	31,160		Health Care REIT, Inc		1,982,711
	2,950		Healthcare Realty Trust, Inc		72,865
	234,074		Host Marriott Corp		5,088,769
	4,700		Invesco Mortgage Capital, Inc		79,806
	8		Jones Lang LaSalle, Inc		990
	266		Kilroy Realty Corp		16,449
	11,126		Liberty Property Trust		391,301
	13,708		Macerich Co		891,157
	5,761		Mid-America Apartment Communities, Inc		402,809
	540		Piedmont Office Realty Trust, Inc		10,503
	2,000		Plum Creek Timber Co, Inc		82,740
	3,580		Post Properties, Inc		194,036

67

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	162,848		Prologis, Inc	$	6,645,827
	140		PS Business Parks, Inc		11,550
	28,205	e	Ryman Hospitality Properties		1,346,789
	83,502		Simon Property Group, Inc		14,044,201
	500		UDR, Inc		14,540
	31,154		Ventas, Inc		1,978,279
	40,581		Vornado Realty Trust		4,302,398
	297		Washington REIT		8,055
	11,648		Weyerhaeuser Co		364,815
			TOTAL REAL ESTATE		82,355,862
RETAILING - 4.4%
	2,432		Aaron’s, Inc		64,156
	37,785		American Eagle Outfitters, Inc		402,788
	8,703	*	Ann Taylor Stores Corp		319,835
	14,405	*	AutoZone, Inc		7,447,817
	5,640	*	Barnes & Noble, Inc		117,425
	64,410	*	Bed Bath & Beyond, Inc		4,076,509
	39,759		Best Buy Co, Inc		1,182,035
	820		Big 5 Sporting Goods Corp		8,126
	160	*	Blue Nile, Inc		4,120
	250	e	Buckle, Inc		11,125
	2,000	*,e	Cabela’s, Inc		116,720
	23,204	*	Carmax, Inc		1,132,587
	9		Chico’s FAS, Inc		142
	550	*	Express Parent LLC		8,558
	1,820		Finish Line, Inc (Class A)		47,848
	20,496		Foot Locker, Inc		974,175
	2	e	GameStop Corp (Class A)		84
	153,911		Gap, Inc		6,173,370
	77,264		Genuine Parts Co		6,399,005
	8,830		GNC Holdings, Inc		289,712
	15,540	*	HomeAway, Inc		539,549
	11,044		HSN, Inc		617,249
	78,417		Kohl’s Corp		4,198,446
	227,850	*	Liberty Interactive Corp		6,391,193
	7,610	*	LKQ Corp		199,040
	274,544		Lowe’s Companies, Inc		13,136,930
	60,520		Macy’s, Inc		3,497,451
	300		Men’s Wearhouse, Inc		15,096
	4,511	*	NetFlix, Inc		1,906,890
	19,391	*	New York & Co, Inc		65,348
	19,735		Nordstrom, Inc		1,366,254
	2,593		Nutri/System, Inc		41,618
	58,747	*	Office Depot, Inc		294,323
	33,360	*	Orbitz Worldwide, Inc		295,236
	2,957	*,e	Outerwall, Inc		162,694
	560	e	Petsmart, Inc		38,158
	10,219		Pier 1 Imports, Inc		153,898
	4,920		Ross Stores, Inc		316,848
	5,448	*	Sally Beauty Holdings, Inc		141,376
	555		Shoe Carnival, Inc		9,879

68

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	14,270	*	Shutterfly, Inc	$	703,796
	3,780		Signet Jewelers Ltd		384,766
	167,116		Staples, Inc		1,936,874
	2,017		Stein Mart, Inc		26,181
	181,161		Target Corp		10,795,384
	4,975		Tiffany & Co		485,610
	211,554		TJX Companies, Inc		11,273,713
	33,636	*	TripAdvisor, Inc		3,190,038
	5		Williams-Sonoma, Inc		335
			TOTAL RETAILING		90,960,310
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.8%
	15,350	*,e	Advanced Micro Devices, Inc		60,018
	7,601		Analog Devices, Inc		377,238
	571,848		Applied Materials, Inc		11,985,934
	5,850	*	Cirrus Logic, Inc		131,215
	2,000	*,e	Freescale Semiconductor Holdings Ltd		40,040
	775,125		Intel Corp		26,268,986
	430	*	International Rectifier Corp		10,681
	6,210		Lam Research Corp		434,700
	4,210	e	Microchip Technology, Inc		189,534
	159,652	*	ON Semiconductor Corp		1,366,621
	28,847		Skyworks Solutions, Inc		1,464,274
	33,452	*,e	SunPower Corp		1,228,692
	11,248	e	Teradyne, Inc		204,939
	298,251		Texas Instruments, Inc		13,794,109
	11,750	*	Triquint Semiconductor, Inc		211,265
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		57,768,246
SOFTWARE & SERVICES - 9.9%
	163,751		Accenture plc		12,982,179
	175,052	*	Adobe Systems, Inc		12,097,844
	328		Advent Software, Inc		10,647
	23,783	*,e	Angie’s List, Inc		198,112
	67,934		AOL, Inc		2,618,856
	63,895	*	Autodesk, Inc		3,408,798
	23,158	*	Brightcove, Inc		137,790
	33,560		Broadridge Financial Solutions, Inc		1,354,817
	143,614		CA, Inc		4,147,572
	1,110	*	Cadence Design Systems, Inc		18,681
	243,292	*	Cognizant Technology Solutions Corp (Class A)		11,933,473
	36,955		Compuware Corp		336,290
	1,980	*	comScore, Inc		71,656
	5,337		Convergys Corp		103,484
	9,370	*,e	Conversant, Inc		218,977
	54,410	*	Demand Media, Inc		295,446
	1,309	*	E2open, Inc		21,180
	1,124	e	Factset Research Systems, Inc		135,026
	380		Fair Isaac Corp		21,717
	1,614	*	FleetCor Technologies, Inc		214,323
	8,970	*	Fortinet, Inc		220,213
	37,670	*,e	Glu Mobile, Inc		211,329

69

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	43,054	*	Google, Inc	$	24,609,666
	42,509	*	Google, Inc (Class A)		24,636,091
	570	*	Higher One Holdings, Inc		2,383
	300	*	Infoblox, Inc		3,636
	23,796	*	Informatica Corp		754,809
	140,555		International Business Machines Corp		26,940,177
	121,874		Intuit, Inc		9,990,012
	360	e	j2 Global, Inc		17,611
	7,278	*,e	Liquidity Services, Inc		98,180
	605	*	LogMeIn, Inc		24,630
	10,028		Marchex, Inc (Class B)		110,308
	5,430	*,e	Marketo, Inc		148,510
	1,000		MAXIMUS, Inc		41,360
	12,089	e	Mercadolibre, Inc		1,118,232
	46,850	*	Monster Worldwide, Inc		304,525
	300	*,e	NetSuite, Inc		25,293
	5,875	*,e	NeuStar, Inc (Class A)		163,677
	545,184		Oracle Corp		22,019,982
	19,002	*	QuinStreet, Inc		94,820
	6,480	*,e	Rally Software Development Corp		65,902
	2,376	*	Rosetta Stone, Inc		22,905
	1,854	*	Rovi Corp		43,328
	186,268	*	Salesforce.com, Inc		10,105,039
	2,065	*	Seachange International, Inc		15,467
	20,571	*,e	ServiceSource International LLC		91,130
	2,310	*	SolarWinds, Inc		95,033
	1,976	*	SPS Commerce, Inc		105,420
	266	*	Stamps.com, Inc		8,414
	538	*	Sykes Enterprises, Inc		11,137
	303,129		Symantec Corp		7,172,032
	1,650	*	Syntel, Inc		142,511
	4,529	*	Tangoe, Inc		62,500
	5,470	*	Teradata Corp		230,615
	2,810	*	Ultimate Software Group, Inc		379,097
	4,890	*	Unisys Corp		104,108
	856,923		Xerox Corp		11,362,799
	7,710	*	Xoom Corp		166,999
	357,070	*	Yahoo!, Inc		12,786,677
			TOTAL SOFTWARE & SERVICES		204,833,425
TECHNOLOGY HARDWARE & EQUIPMENT - 4.6%
	330		Adtran, Inc		7,339
	34,604	*	Aruba Networks, Inc		618,027
	1,070		Belden CDT, Inc		72,653
	1,524	*	Benchmark Electronics, Inc		36,805
	3,317		Black Box Corp		68,662
	690	*	Calix Networks, Inc		6,410
	2,299	*	Checkpoint Systems, Inc		28,140
	888,632		Cisco Systems, Inc		22,420,185
	1,960		Cognex Corp		80,321
	180		Coherent, Inc		10,604
	111,909		Corning, Inc		2,199,012

70

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	83,752	*,e	Cray, Inc	$	2,221,103
	3,093	*	Digi International, Inc		25,548
	1,190	*	DTS, Inc		21,527
	538,212		EMC Corp		15,769,612
	1,110		FEI Co		85,026
	30,351	*,e	Finisar Corp		598,825
	13,898	*	Flextronics International Ltd		144,400
	460,856		Hewlett-Packard Co		16,411,082
	11,040	*	Ingram Micro, Inc (Class A)		316,848
	2,970	*	Insight Enterprises, Inc		78,022
	5,777		InterDigital, Inc		254,708
	7,022	e	IPG Photonics Corp		472,932
	350	*	Itron, Inc		12,593
	15,050		Jabil Circuit, Inc		300,398
	1,916	*	Kemet Corp		9,446
	14,044		Lexmark International, Inc (Class A)		674,533
	212		Littelfuse, Inc		18,427
	60,397		Motorola, Inc		3,846,081
	417		National Instruments Corp		13,277
	1,478	*	Netgear, Inc		46,276
	14,946	*	Oplink Communications, Inc		284,871
	500	*	OSI Systems, Inc		33,150
	281	*	Plexus Corp		11,052
	13,750	*	QLogic Corp		125,125
	284,033		Qualcomm, Inc		20,933,232
	5,980	*,e	RealD, Inc		63,209
	610	*	Rofin-Sinar Technologies, Inc		13,316
	270	*	Scansource, Inc		9,669
	105,374		Seagate Technology, Inc		6,174,916
	1,340	*,e	Silicon Graphics International Corp		12,743
	15,095	*	Super Micro Computer, Inc		395,036
	1,993	*	Tech Data Corp		125,141
	3,218	*	TTM Technologies, Inc		24,167
	2,515	*,e	Universal Display Corp		77,110
	3,451	*	Vishay Precision Group, Inc		49,798
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		95,201,357
TELECOMMUNICATION SERVICES - 2.0%
	5,000	*	Boingo Wireless, Inc		30,550
	306,463		CenturyTel, Inc		12,025,608
	48,437	*	Cincinnati Bell, Inc		184,545
	2,650		Consolidated Communications Holdings, Inc		59,307
	67,259	*,e	Iridium Communications, Inc		550,179
	8,320	*	Level 3 Communications, Inc		365,913
	1,078,362	*	Sprint Corp		7,925,961
	18,216	*	tw telecom inc (Class A)		742,120
	396,083		Verizon Communications, Inc		19,970,505
	5,170	*	Vonage Holdings Corp		17,991
			TOTAL TELECOMMUNICATION SERVICES		41,872,679
TRANSPORTATION - 2.5%
	63,224		Alaska Air Group, Inc		2,779,959
	158		Allegiant Travel Co		18,606
	387		Amerco, Inc		101,843
	310		Arkansas Best Corp		9,836
	33,875	*	Avis Budget Group, Inc		1,903,436

71

TIAA-CREF FUNDS - Social Choice Equity Fund

SHARES			COMPANY	VALUE
	490		CH Robinson Worldwide, Inc	$	33,055
	342,581		CSX Corp		10,250,024
	2,060	*	Echo Global Logistics, Inc		45,341
	8		Expeditors International of Washington, Inc		346
	1,903	*	Genesee & Wyoming, Inc (Class A)		189,786
	1,000	*	Hertz Global Holdings, Inc		28,220
	180		Landstar System, Inc		11,903
	80,755		Norfolk Southern Corp		8,209,553
	9		Ryder System, Inc		775
	92,052		Southwest Airlines Co		2,603,231
	105,722		Union Pacific Corp		10,393,530
	157,325		United Parcel Service, Inc (Class B)		15,274,684
			TOTAL TRANSPORTATION		51,854,128
UTILITIES - 3.4%
	7,880		American States Water Co		240,734
	3,470		American Water Works Co, Inc		165,762
	76,142	*	Calpine Corp		1,678,170
	74,236		Centerpoint Energy, Inc		1,805,419
	1,701		Chesapeake Utilities Corp		110,718
	110,483		Cleco Corp		6,158,322
	133,325		Consolidated Edison, Inc		7,478,199
	62,116		Duke Energy Corp		4,480,427
	2,130		Integrys Energy Group, Inc		139,643
	10,413		ITC Holdings Corp		375,909
	5,397		MDU Resources Group, Inc		170,059
	25,938		MGE Energy, Inc		975,788
	6,859		New Jersey Resources Corp		350,358
	130,495		NextEra Energy, Inc		12,252,176
	180,037		NiSource, Inc		6,783,794
	96,934		Northeast Utilities		4,255,403
	2,044		Northwest Natural Gas Co		88,342
	290	e	Ormat Technologies, Inc		7,479
	255,868		Pepco Holdings, Inc		6,870,056
	65,408		Piedmont Natural Gas Co, Inc		2,269,003
	8,480		Pinnacle West Capital Corp		453,595
	12,539		Public Service Enterprise Group, Inc		440,997
	77,538		Sempra Energy		7,731,314
	6,188		SJW Corp		165,900
	18,724		South Jersey Industries, Inc		1,003,045
	26,660		TECO Energy, Inc		465,484
	2,730		UGI Corp		132,514
	1,494		Unitil Corp		47,808
	270		UNS Energy Corp		16,313
	1,260		Vectren Corp		47,993
	14,518		WGL Holdings, Inc		565,912
	11,774		Wisconsin Energy Corp		513,111
	38,029		Xcel Energy, Inc		1,171,293
			TOTAL UTILITIES		69,411,040
			TOTAL COMMON STOCKS		2,055,108,043
			(Cost $1,401,670,886)

72

TIAA-CREF FUNDS - Social Choice Equity Fund

PRINCIPAL		ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 2.3%
TREASURY DEBT - 0.3%
$	700,000	United States Treasury Bill		0.080	%	09/04/14	$	699,947
	1,600,000	United States Treasury Bill		0.100		04/30/15		1,599,184
	2,600,000	United States Treasury Bill		0.093		05/28/15		2,598,159
		TOTAL TREASURY DEBT						4,897,290
INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED - 2.0%
GOVERNMENT AGENCY DEBT - 0.3%
	7,000,000	Federal Home Loan Bank (FHLB)		0.060		09/19/14		6,999,428
		TOTAL GOVERNMENT AGENCY DEBT						6,999,428
TREASURY DEBT - 1.7%
	3,000,000	United States Treasury Bill		0.085		08/21/14		2,999,859
	19,000,000	United States Treasury Bill		0.080		03/05/15		18,992,875
	13,500,000	United States Treasury Bill		0.090		05/28/15		13,490,442
		TOTAL TREASURY DEBT						35,483,176
		TOTAL INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED						42,482,604
		TOTAL SHORT-TERM INVESTMENTS						47,379,894
		(Cost $47,376,776)
		TOTAL INVESTMENTS - 101.9%						2,102,487,937
		(Cost $1,449,047,662)
		OTHER ASSETS & LIABILITIES, NET - (1.9)%						(38,550,347	)
		NET ASSETS - 100.0%					$	2,063,937,590

	Abbreviation(s):
	REIT     Real Estate Investment Trust
*	Non-income producing.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $48,827,683.

73

TIAA-CREF FUNDS - Emerging Markets Equity Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2014

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
CORPORATE BONDS - 0.1%
HONG KONG - 0.1%
$	534,000	m	Asia Pacific Investment Partners		8.000	%	04/29/16	$	534,000
			TOTAL HONG KONG						534,000
			TOTAL CORPORATE BONDS						534,000
			(Cost $534,000)
SHARES			COMPANY
COMMON STOCKS - 99.4%
AUSTRALIA - 1.2%
	1,027,324		Echo Entertainment Group Ltd						3,147,138
	403,814		Oil Search Ltd						3,531,923
	345,670	*	Sirius Resources NL						1,238,152
	450,106		Western Areas NL						2,079,073
			TOTAL AUSTRALIA						9,996,286
BRAZIL - 11.0%
	871,447		AMBEV S.A.						6,018,986
	320,600	*	Banco Bradesco S.A. (Preference)						4,890,784
	864,809		Banco Itau Holding Financeira S.A.						13,379,524
	344,700		BM&F Bovespa S.A.						1,839,919
	99,300		Cia Brasileira de Distribuicao Grupo Pao de Acucar						4,792,661
	464,020		Cielo S.A.						8,487,859
	371,000	*	Gol Linhas Aereas Inteligentes S.A.						2,245,214
	267,900		Hypermarcas S.A.						2,136,115
	159,200		Kepler Weber S.A.						3,406,792
	139,800		Kroton Educacional S.A.						3,723,068
	173,200		Linx S.A.						4,122,446
	178,733		Multiplan Empreendimentos Imobiliarios S.A.						4,246,263
	167,900		Perdigao S.A.						4,107,306
	1,016,445		Petroleo Brasileiro S.A.						8,059,877
	254,100		Smiles S.A.						4,424,000
	168,100		Totvus S.A.						2,903,731
	178,000		Ultrapar Participacoes S.A.						4,099,394
	620,300		Vale S.A.						8,899,511
			TOTAL BRAZIL						91,783,450
CHILE - 0.2%
	1,096,899		Parque Arauco S.A.						2,050,442
			TOTAL CHILE						2,050,442

74

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
CHINA - 13.8%
	10,495,000		Agricultural Bank of China	$	5,084,306
	487,500	e	Anhui Conch Cement Co Ltd		1,823,888
	14,862	*	Baidu, Inc (ADR)		3,210,935
	400,000		Beijing Enterprises Holdings Ltd		3,483,154
	2,603,000		China Animal Healthcare Ltd		1,709,481
	5,337,000	e	China Cinda Asset Management Co Ltd		3,041,717
	2,112,000	e	China Everbright International Ltd		2,819,609
	2,605,000		China Medical System Holdings Ltd		3,236,902
	1,025,000		China Mengniu Dairy Co Ltd		4,962,064
	552,000		China Mobile Hong Kong Ltd		6,031,507
	2,308,000	e	China Overseas Land & Investment Ltd		7,018,182
	3,329,000		CNOOC Ltd		5,888,562
	3,088,000	e	CPMC Holdings Ltd		2,662,067
	5,723,000		Greatview Aseptic Packaging Co		4,504,526
	6,330,000		Huadian Fuxin Energy Corp Ltd		3,221,233
	494,000	e	Huadian Power International Co		304,584
	8,974,000	e	Huaneng Renewables Corp Ltd		2,973,657
	16,667,834		Industrial & Commercial Bank of China		11,367,755
	86,724	*	JD.com, Inc (ADR)		2,478,572
	595,500		Ping An Insurance Group Co of China Ltd		5,059,962
	805,000	e	Shanghai Fosun Pharmaceutical Group Co Ltd		2,651,147
	1,008,000		Shenzhou International Group Holdings Ltd		3,173,391
	1,457,300		Tencent Holdings Ltd		23,666,180
	574,000		Xinao Gas Holdings Ltd		4,060,018
			TOTAL CHINA		114,433,399
COLOMBIA - 1.5%
	169,166		BanColombia S.A. (Preference)		2,614,001
	548,915		Cementos Argos S.A.		3,217,307
	374,592	*	Cemex Latam Holdings S.A.		3,692,538
	243,381		Grupo Argos S.A.		2,954,168
			TOTAL COLOMBIA		12,478,014
CZECH REPUBLIC - 0.4%
	14,273		Komercni Banka AS		3,094,489
			TOTAL CZECH REPUBLIC		3,094,489
GREECE - 3.2%
	234,772		Aegean Airlines S.A.		1,961,678
	10,722,693	*	Eurobank Ergasias SA		4,808,196
	180,685		Eurobank Properties Real Estate Investment Co		2,296,070
	187,103	*	Hellenic Telecommunications Organization S.A.		2,564,744
	119,431		JUMBO S.A.		1,791,150
	1,121,852	*	National Bank of Greece S.A.		3,571,405
	195,786		OPAP S.A.		3,190,626
	2,170,412	*	Piraeus Bank S.A.		4,560,025
	140,827		Public Power Corp		2,055,666
			TOTAL GREECE		26,799,560

75

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
HONG KONG - 3.6%
	850,200		AIA Group Ltd	$	4,554,859
	22,290	*,m	Asia Pacific Investment Partners Limited		169,578
	1,730,000		China Gas Holdings Ltd		3,337,568
	1,643,400	*,e,m	China Metal Recycling Holdings Ltd		2,120
	47,721,000		Lai Fung Holdings Ltd		1,115,747
	68,898,000		Lai Sun Development		1,729,818
	5,569,000	e	Lee & Man Paper Manufacturing Ltd		3,378,339
	74,245		Melco PBL Entertainment Macau Ltd (ADR)		2,464,934
	3,363,000		Noble Group Ltd		3,807,027
	424,800		Sands China Ltd		3,118,750
	3,694,254	*	Summit Ascent Holdings Ltd		2,502,462
	1,325,500		Techtronic Industries Co		3,972,897
			TOTAL HONG KONG		30,154,099
INDIA - 10.5%
	569,967		Bharat Forge Ltd		6,772,625
	742,478	*	DEN Networks Ltd		2,556,324
	680,764		DLF Ltd		2,201,543
	289,693		Eros International Media Ltd		1,044,271
	147,419		Havells India Ltd		2,905,071
	156,242		HCL Technologies Ltd		4,006,575
	106,827		HDFC Bank Ltd		1,461,013
	224,101		ICICI Bank Ltd		5,408,567
	1,093,322		Idea Cellular Ltd		2,819,222
	234,440		IndusInd Bank Ltd		2,143,808
	431,671		IRB Infrastructure Developers Ltd		1,820,738
	133,793	*	Just Dial Ltd		3,674,823
	185,089		Larsen & Toubro Ltd		4,556,955
	181,421		Lupin Ltd		3,536,226
	624,180		Motherson Sumi Systems Ltd		3,742,924
	883,261		Mundra Port and Special Economic Zone Ltd		3,776,287
	455,936		Phoenix Mills Ltd		2,657,759
	1,178,178		Power Grid Corp of India Ltd		2,580,835
	385,580		Reliance Industries Ltd		6,369,012
	581,784		Sun Pharmaceutical Industries Ltd		7,563,871
	599,703		Tata Motors Ltd		4,389,205
	517,201		Tata Steel Ltd		4,696,673
	98,815		Tech Mahindra Ltd		3,497,314
	21,163		United Spirits Ltd		823,791
	531,175		ZEE Telefilms Ltd		2,539,551
			TOTAL INDIA		87,544,983
INDONESIA - 2.5%
	2,667,900		Bank Rakyat Indonesia		2,558,972
	5,177,200		PT Astra International Tbk		3,418,736
	1,854,100		PT Bank Mandiri Persero Tbk		1,613,355
	6,869,000		PT Cardig Aero Services Tbk		634,837
	710,700		PT Indocement Tunggal Prakarsa Tbk		1,538,589
	2,321,300		PT Jasa Marga Tbk		1,266,301
	2,046,129		PT Matahari Department Store Tbk		2,545,667
	6,324,200		PT Perusahaan Gas Negara Persero Tbk		3,183,255
	2,318,300		PT Tambang Batubara Bukit Asam Tbk		2,294,408
	5,271,700		PT Vale Indonesia Tbk		1,799,421
			TOTAL INDONESIA		20,853,541

76

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
JAPAN - 0.4%
	51,800		Softbank Corp	$	3,723,811
			TOTAL JAPAN		3,723,811
KOREA, REPUBLIC OF - 12.4%
	11,214		CJ O Shopping Co Ltd		4,290,044
	57,459		Halla Climate Control Corp		2,833,435
	138,310	*	Hanjin Kal Corp		3,476,185
	231,467	*	Hynix Semiconductor, Inc		10,071,027
	45,746		Hyundai Motor Co		10,829,406
	61,032		IMARKETKOREA, Inc		1,878,847
	6,361		KCC Corp		3,744,531
	23,094		LG Chem Ltd		6,462,642
	14,843		LG Hausys Ltd		2,717,626
	11,968		Naver Corp		8,545,705
	98,401		Samsung Card Co		4,579,945
	18,609		Samsung Electronics Co Ltd		24,084,024
	49,595		Samsung Engineering Co Ltd		3,323,180
	158,911		Shinhan Financial Group Co Ltd		7,848,251
	7,800		Shinsegae Co Ltd		1,764,633
	74,024		Woongjin Coway Co Ltd		6,380,747
			TOTAL KOREA, REPUBLIC OF		102,830,228
MEXICO - 6.6%
	2,055,100		Alfa S.A. de C.V. (Class A)		5,616,548
	131,989		Alsea SAB de C.V.		449,182
	3,155,600		America Movil S.A. de C.V. (Series L)		3,721,316
	6,186,804	*,e	Cemex S.A. de C.V.		7,759,244
	594,831		Concentradora Fibra Danhos S.A. de C.V.		1,624,312
	1,241,000		Credito Real SAB de C.V.		2,811,494
	610,300		Fomento Economico Mexicano S.A. de C.V.		5,740,606
	1,053,000	*	Genomma Lab Internacional S.A. de C.V.		2,814,903
	233,600	*	Gruma SAB de C.V.		2,556,524
	1,102,180		Grupo Financiero Banorte S.A. de C.V.		7,325,078
	1,571,200		Grupo Mexico S.A. de C.V. (Series B)		5,582,395
	1,000,200		Grupo Televisa S.A.		7,131,532
	1,009,072		Mexico Real Estate Management S.A. de C.V.		2,036,463
			TOTAL MEXICO		55,169,597
PERU - 0.2%
	544,251		Alicorp S.A.		1,622,455
			TOTAL PERU		1,622,455
PHILIPPINES - 3.3%
	6,387,800	*	Emperador, Inc		1,692,444
	3,376,700		First Gen Corp		1,721,361
	145,450		GT Capital Holdings, Inc		2,970,350
	2,303,300		Holcim Philippines, Inc		716,205
	1,554,700		International Container Term Services, Inc		4,034,637

77

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
	22,190,000		Megaworld Corp	$	2,150,087
	1,554,753		Metropolitan Bank & Trust		3,057,352
	91,842		Philippine Stock Exchange, Inc		586,792
	3,114,600		Robinsons Land Corp		1,614,640
	1,332,220		Robinsons Retail Holdings, Inc		2,000,422
	7,715,475		SM Prime Holdings		2,702,999
	1,136,277		Universal Robina		4,209,307
			TOTAL PHILIPPINES		27,456,596
POLAND - 0.4%
	552,896		Energa S.A.		3,566,899
			TOTAL POLAND		3,566,899
ROMANIA - 0.2%
	119,831		Societatea Nationala de Gaze Naturale ROMGAZ S.A. (GDR) (Registered)		1,257,027
			TOTAL ROMANIA		1,257,027
RUSSIA - 4.6%
	101,489		Eurasia Drilling Co Ltd (GDR)		3,079,176
	1,066,658		Gazprom OAO (ADR)		7,783,073
	286,401	*	Lenta Ltd (ADR)		3,508,412
	103,939		LUKOIL (ADR)		5,794,724
	106,683		Magnit OAO (GDR)		6,255,744
	205,252		MMC Norilsk Nickel (ADR)		4,013,947
	23,537		NovaTek OAO (GDR)		2,435,650
	72,531		QIWI plc (ADR)		2,614,743
	90,488	*	Yandex NV		2,739,977
			TOTAL RUSSIA		38,225,446
SINGAPORE - 1.6%
	2,060,800	e	Ezion Holdings Ltd		3,529,236
	1,218,000		Global Logistic Properties		2,711,471
	2,919,000		Pacific Radiance Ltd		3,237,013
	1,235,000		Parkson Retail Asia Ltd		748,430
	1,090,000		Petra Foods Ltd		3,442,565
			TOTAL SINGAPORE		13,668,715
SOUTH AFRICA - 4.3%
	1,068,463	*	Alexander Forbes Group Holdings Ltd		866,887
	323,263	*	AngloGold Ashanti Ltd		5,542,793
	306,597		Barclays Africa Group Ltd		4,770,416
	271,006		MTN Group Ltd		5,609,656
	84,014		Naspers Ltd (N Shares)		10,331,791
	147,370		Sasol Ltd		8,500,790
			TOTAL SOUTH AFRICA		35,622,333
SRI LANKA - 0.3%
	1,333,232		John Keells Holdings plc		2,425,724
			TOTAL SRI LANKA		2,425,724

78

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
TAIWAN - 8.2%
	1,874,000		Advanced Semiconductor Engineering, Inc	$	2,225,549
	349,000		Airtac International Group		3,278,393
	457,000		Catcher Technology Co Ltd		3,735,260
	110,454		ChipMOS TECHNOLOGIES Bermuda Ltd		2,597,878
	749,000		Delta Electronics, Inc		5,089,785
	1,829,000		Epistar Corp		3,982,091
	2,481,509		Hon Hai Precision Industry Co, Ltd		8,503,355
	1,294,000		Hota Industrial Manufacturing Co Ltd		2,168,156
	98,000		Largan Precision Co Ltd		7,528,752
	618,000		MediaTek, Inc		9,564,250
	4,805,000		Taiwan Semiconductor Manufacturing Co Ltd		19,264,601
			TOTAL TAIWAN		67,938,070
THAILAND - 2.5%
	3,016,473		Beauty Community PCL (ADR)		2,226,240
	3,057,700		MC Group PCL (ADR)		1,771,836
	4,017,910		Minor International PCL (Foreign)		4,020,454
	257,600		Siam Cement PCL (ADR)		3,463,407
	993,200		Siam Commercial Bank PCL (Foreign)		5,466,947
	182,000		Thai Stanley Electric PCL (ADR)		1,258,300
	1,224,100		Thai Union Frozen Products PCL (ADR)		2,482,971
			TOTAL THAILAND		20,690,155
TURKEY - 2.3%
	379,430		Arcelik AS		2,400,630
	128,132		Coca-Cola Icecek AS		3,214,382
	703,227		Haci Omer Sabanci Holding AS		3,277,452
	269,911		TAV Havalimanlari Holding AS		2,215,060
	291,160		Tofas Turk Otomobil Fabrik		1,802,903
	814,384		Turk Hava Yollari		2,443,637
	859,286		Turkiye Garanti Bankasi AS		3,538,732
			TOTAL TURKEY		18,892,796
UNITED ARAB EMIRATES - 1.8%
	206,709		Al Noor Hospitals Group plc		3,549,194
	1,770,597		Emaar Properties PJSC		4,690,502
	933,307		First Gulf Bank PJSC		4,606,325
	270,420		NMC Health plc		2,145,785
			TOTAL UNITED ARAB EMIRATES		14,991,806
UNITED KINGDOM - 1.4%
	1,353,260	*	Afren plc		2,508,589
	124,743		Antofagasta plc		1,697,446
	94,408		SABMiller plc (Johannesburg)		5,139,972
	387,005	*	Stock Spirits Group plc		1,964,420
			TOTAL UNITED KINGDOM		11,310,427
UNITED STATES - 0.8%
	188,953	*	Eros International plc		2,771,940
	115,059		Southern Copper Corp (NY)		3,780,839
			TOTAL UNITED STATES		6,552,779

79

TIAA-CREF FUNDS - Emerging Markets Equity Fund

SHARES			COMPANY	VALUE
VIETNAM - 0.2%
	448,340	*	Masan Group Corp	$	1,877,575
			TOTAL VIETNAM		1,877,575
			TOTAL COMMON STOCKS		827,010,702
			(Cost $727,658,197)
PREFERRED STOCKS - 0.0%
INDIA - 0.0%
	11,154,675		Zee Entertainment Enterprises Ltd		147,445
			TOTAL INDIA		147,445
PHILIPPINES - 0.0%
	1,721,900	*,m	Ayala Land, Inc (Preferred B)		3,960
			TOTAL PHILIPPINES		3,960
			TOTAL PREFERRED STOCKS		151,405
			(Cost $123,032)
RIGHTS / WARRANTS - 0.1%
GREECE - 0.1%
	923,635		Piraeus Bank S.A.		1,012,934
			TOTAL GREECE		1,012,934
			TOTAL RIGHTS / WARRANTS		1,012,934
			(Cost $812,067)
SHORT-TERM INVESTMENTS - 3.0%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 3.0%
	24,538,418	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		24,538,418
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		24,538,418
			TOTAL SHORT-TERM INVESTMENTS		24,538,418
			(Cost $24,538,418)
			TOTAL INVESTMENTS - 102.6%		853,247,459
			(Cost $753,665,714)
			OTHER ASSETS & LIABILITIES, NET - (2.6)%		(21,801,879	)
			NET ASSETS - 100.0%	$	831,445,580

	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 $20,561,208.
m	Indicates a security that has been deemed illiquid.

80

TIAA-CREF FUNDS - Emerging Markets Equity Fund

TIAA-CREF FUNDS

EMERGING MARKETS EQUITY FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2014

				% OF
SECTOR	VALUE			NET ASSETS
FINANCIALS	$	175,325,448			21.1	%
INFORMATION TECHNOLOGY		164,116,860			19.7
CONSUMER DISCRETIONARY		124,323,395			15.0
MATERIALS		81,505,290			9.8
CONSUMER STAPLES		68,548,722			8.2
ENERGY		68,368,454			8.2
INDUSTRIALS		67,838,031			8.2
HEALTH CARE		27,207,509			3.3
UTILITIES		27,005,076			3.2
TELECOMMUNICATION SERVICES		24,470,256			2.9
SHORT-TERM INVESTMENTS		24,538,418			3.0
OTHER ASSETS & LIABILITIES, NET		(21,801,879	)		(2.6	)
NET ASSETS	$	831,445,580			100.0	%

81

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

TIAA-CREF FUNDS
ENHANCED INTERNATIONAL EQUITY INDEX FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.8%
AUSTRALIA - 8.1%
	15,902		AGL Energy Ltd	$	216,759
	420,263		Australia & New Zealand Banking Group Ltd		13,121,283
	111,078		BHP Billiton Ltd		3,943,983
	143,563		Brambles Ltd		1,242,840
	51,667		Commonwealth Bank of Australia		3,985,061
	38,865		Computershare Ltd		469,016
	46,308		CSL Ltd		2,885,150
	1,174,157		DB RREEF Trust		1,290,058
	724,922		Federation Centres		1,723,376
	2,979	e	Flight Centre Ltd		129,959
	2,188,973	e	Fortescue Metals Group Ltd		9,813,680
	682,797		Insurance Australia Group Ltd		3,973,794
	104,663		Leighton Holdings Ltd		2,128,611
	291,977		Metcash Ltd		789,582
	11,431		National Australia Bank Ltd		371,160
	114,040		Orica Ltd		2,303,274
	286,111	*	Scentre Group		904,002
	9,547		Sonic Healthcare Ltd		159,684
	459,901		SP AusNet		572,861
	45,715		Suncorp-Metway Ltd		601,063
	810,120		Telstra Corp Ltd		4,108,205
	68,639		Wesfarmers Ltd		2,779,479
	466,281		Westpac Banking Corp		14,827,755
	109,034		Woodside Petroleum Ltd		4,280,015
	129,348		Woolworths Ltd		4,408,738
			TOTAL AUSTRALIA		81,029,388
AUSTRIA - 0.2%
	77,055	*,e,m	Immoeast AG.		0
	40,227		Voestalpine AG.		1,770,299
			TOTAL AUSTRIA		1,770,299
BELGIUM - 1.2%
	79,582		Ageas		2,856,278
	89,590		InBev NV		9,669,691
			TOTAL BELGIUM		12,525,969
CHINA - 0.0%
	444,000	e	Yangzijiang Shipbuilding		385,919
			TOTAL CHINA		385,919
DENMARK - 1.7%
	967		AP Moller - Maersk AS (Class A)		2,170,071
	3,650		AP Moller - Maersk AS (Class B)		8,509,311

82

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
	20,301		Coloplast AS	$	1,716,504
	38,519		Novo Nordisk AS		1,773,112
	34,973		Pandora AS		2,393,235
	6,481		TrygVesta AS		652,977
			TOTAL DENMARK		17,215,210
FINLAND - 1.1%
	5,000		Fortum Oyj		128,549
	24,482	e	Kone Oyj (Class B)		1,029,412
	98,985		Neste Oil Oyj		1,829,133
	411,068		Stora Enso Oyj (R Shares)		3,693,464
	282,227		UPM-Kymmene Oyj		4,599,893
			TOTAL FINLAND		11,280,451
FRANCE - 9.2%
	434,701		AXA S.A.		9,987,104
	3,768		BNP Paribas		250,020
	35,152		Cap Gemini S.A.		2,548,987
	20,721		Carrefour S.A.		715,595
	34,684		Casino Guichard Perrachon S.A.		4,180,292
	49,717		CNP Assurances		976,766
	589,271		Credit Agricole S.A.		7,971,308
	101,388		Electricite de France		3,275,220
	50,187		Eutelsat Communications		1,733,163
	73,407		Gaz de France		1,892,763
	145,567		Groupe Eurotunnel S.A.		1,926,403
	12,358		Imerys S.A.		964,942
	76,421		Michelin (C.G.D.E.) (Class B)		8,383,346
	280,315		Natixis		1,811,349
	74,297		Renault S.A.		6,202,318
	123,872		Safran S.A.		7,279,618
	43,257		Sanofi-Aventis		4,541,588
	5,897		Schneider Electric S.A.		499,809
	52,661		SCOR		1,694,042
	151,224	*	Total S.A.		9,753,142
	40,970		Valeo S.A.		4,908,928
	154,483		Vinci S.A.		10,661,320
			TOTAL FRANCE		92,158,023
GERMANY - 8.5%
	79,477		Allianz AG.		13,231,812
	92,089		BASF AG.		9,530,653
	26,310		Bayer AG.		3,470,460
	47,516		Continental AG.		10,233,254
	130,001		Daimler AG. (Registered)		10,727,515
	373,539		Deutsche Lufthansa AG.		6,589,266
	61,301		Deutsche Post AG.		1,961,305
	31,257		Hannover Rueckversicherung AG.		2,668,211
	9,126		Henkel KGaA (Preference)		1,014,813
	2,795		Hochtief AG.		234,400
	221,366		Infineon Technologies AG.		2,439,126
	71,508		Merck KGaA		6,323,451

83

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
	47,430		Muenchener Rueckver AG.	$	10,063,322
	32,992		ProSiebenSat. Media AG.		1,383,303
	2,731		SAP AG.		214,634
	21,059		Siemens AG.		2,600,705
	140,150		Telefonica Deutschland Holding AG.		1,095,768
	6,471		Volkswagen AG.		1,492,331
			TOTAL GERMANY		85,274,329
HONG KONG - 2.9%
	13,700		ASM Pacific Technology		145,573
	1,149,000		BOC Hong Kong Holdings Ltd		3,603,681
	128,000		Cheung Kong Holdings Ltd		2,472,896
	277,000		Galaxy Entertainment Group Ltd		2,329,476
	457,600	e	Henderson Land Development Co Ltd		2,902,611
	403,000		Hong Kong Electric Holdings Ltd		3,599,678
	143,530		Hong Kong Exchanges and Clearing Ltd		3,215,175
	95,000		Hutchison Whampoa Ltd		1,288,716
	200,000		Hysan Development Co Ltd		957,359
	692,500		Link REIT		3,928,934
	994,000		Noble Group Ltd		1,125,241
	149,000		NWS Holdings Ltd		275,660
	46,000		Sands China Ltd		337,718
	1,120,000		SJM Holdings Ltd		2,992,263
			TOTAL HONG KONG		29,174,981
IRELAND - 0.2%
	5,507		Kerry Group plc (Class A)		409,265
	21,000		Ryanair Holdings plc (ADR)		1,112,790
	10,010		Shire Ltd		823,907
			TOTAL IRELAND		2,345,962
ISRAEL - 0.5%
	167,181		Bank Hapoalim Ltd		975,208
	182,220		Bezeq Israeli Telecommunication Corp Ltd		339,297
	1,524		Delek Group Ltd		597,973
	44,593		Israel Chemicals Ltd		362,597
	55,672		Teva Pharmaceutical Industries Ltd		2,981,007
			TOTAL ISRAEL		5,256,082
ITALY - 2.8%
	184,670		Assicurazioni Generali S.p.A.		3,854,607
	307,229		Autostrade S.p.A.		8,131,199
	382,857		ENI S.p.A.		9,742,144
	580,545		Fondiaria-Sai S.p.A		1,757,427
	355,446		Snam Rete Gas S.p.A.		2,095,312
	323,846		UniCredit S.p.A		2,526,361
			TOTAL ITALY		28,107,050
JAPAN - 20.3%
	26,500		Alfresa Holdings Corp		1,582,064
	1,178,000		Aozora Bank Ltd		4,002,945

84

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
	11,400		Bridgestone Corp	$	411,430
	33,500	*	Canon, Inc		1,095,961
	69,800		Central Japan Railway Co		9,913,126
	105,300		Chugoku Electric Power Co, Inc		1,400,030
	247,000		Dai Nippon Printing Co Ltd		2,533,810
	351,100		Daiichi Sankyo Co Ltd		6,384,287
	29,800		Daikin Industries Ltd		2,046,633
	362,000		Daiwa House Industry Co Ltd		7,348,316
	1,042,000		Daiwa Securities Group, Inc		8,748,613
	45,500		Denso Corp		2,098,714
	476,000		Fuji Electric Holdings Co Ltd		2,454,360
	86,000		Fuji Heavy Industries Ltd		2,452,486
	487,000		Fukuoka Financial Group, Inc		2,491,360
	52,600	e	GungHo Online Entertainment Inc		296,127
	89,200		Hitachi Chemical Co Ltd		1,569,021
	641,000		Hitachi Ltd		4,968,263
	75,900	*	Hokuriku Electric Power Co		982,950
	51,500		Hoya Corp		1,667,495
	100,200		Itochu Corp		1,275,820
	73	*	Japan Retail Fund Investment Corp		160,862
	147,000		Japan Tobacco, Inc		5,169,625
	55,500		KDDI Corp		3,190,300
	123,600		Kirin Brewery Co Ltd		1,732,531
	664,000		Kobe Steel Ltd		1,080,871
	408,000		Komatsu Ltd		9,048,342
	45,000		Kubota Corp		592,438
	45,400		Lawson, Inc		3,399,835
	11,500		LIXIL Group Corp		278,781
	14,300		Maruichi Steel Tube Ltd		395,842
	11,700		Matsushita Electric Industrial Co Ltd		145,881
	50,300		Mediceo Paltac Holdings Co Ltd		633,915
	194,400		Millea Holdings, Inc		6,113,251
	11,000		Mitsubishi Corp		231,790
	466,000		Mitsubishi Electric Corp		6,151,915
	121,100		Mitsubishi UFJ Financial Group, Inc		714,163
	56,100		Mitsubishi UFJ Lease & Finance Co Ltd		314,222
	79,900		Mitsui & Co Ltd		1,281,388
	2,777,400		Mizuho Financial Group, Inc		5,392,243
	64,000		NGK Spark Plug Co Ltd		1,913,437
	152,000		Nippon Meat Packers, Inc		3,111,530
	399,000		Nippon Steel Corp		1,204,844
	50,800		Nippon Telegraph & Telephone Corp		3,373,336
	48,600		Nissan Motor Co Ltd		476,786
	68,100		Nomura Holdings, Inc		429,954
	28,100		Nomura Real Estate Holdings, Inc		522,100
	37,600		NTT DoCoMo, Inc		659,359
	182,500		ORIX Corp		2,949,432
	502,000		Osaka Gas Co Ltd		2,087,962
	52,500		Otsuka Corp		2,392,076
	125,400		Otsuka Holdings KK		3,993,085
	226,700		Resona Holdings, Inc		1,263,303
	433,800		Ricoh Co Ltd		4,965,929

85

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
	25,200		Rohm Co Ltd	$	1,420,661
	127,800		Seiko Epson Corp		5,470,591
	178,000		Sekisui Chemical Co Ltd		2,134,301
	362,400	e	Sekisui House Ltd		4,756,455
	212,100		Showa Shell Sekiyu KK		2,392,164
	61,100		Softbank Corp		4,392,372
	488,000		Sumitomo Metal Mining Co Ltd		8,129,705
	11,100		Suzuki Motor Corp		370,407
	13,500		Tohoku Electric Power Co, Inc		147,412
	118,000		Toto Ltd		1,479,097
	61,600		Toyota Industries Corp		3,001,043
	340,200		Toyota Motor Corp		20,085,411
	64,400		Toyota Tsusho Corp		1,790,367
	35,600		West Japan Railway Co		1,614,684
	58,800		Yamaha Corp		895,988
	232,900		Yamaha Motor Co Ltd		3,858,199
			TOTAL JAPAN		203,033,996
MACAU - 0.2%
	584,000		MGM China Holdings Ltd		2,135,482
			TOTAL MACAU		2,135,482
NETHERLANDS - 4.2%
	76,121		Akzo Nobel NV		5,482,507
	428,350		Koninklijke Ahold NV		7,468,848
	276,458		Royal Dutch Shell plc (A Shares)		11,366,808
	180,829		Royal Dutch Shell plc (B Shares)		7,786,819
	233,784		Unilever NV		9,621,615
			TOTAL NETHERLANDS		41,726,597
NEW ZEALAND - 0.1%
	55,735		Contact Energy Ltd		261,727
	79,639		Ryman Healthcare Ltd		545,765
			TOTAL NEW ZEALAND		807,492
NORWAY - 1.2%
	235,115		DNB NOR Holding ASA		4,166,609
	135,590		Statoil ASA		3,874,426
	165,140		Telenor ASA		3,800,373
			TOTAL NORWAY		11,841,408
PORTUGAL - 0.5%
	997,236		Energias de Portugal S.A.		4,670,140
			TOTAL PORTUGAL		4,670,140
SINGAPORE - 1.3%
	276,000		CapitaMall Trust		434,860
	821,000		ComfortDelgro Corp Ltd		1,696,789
	328,044	e	DBS Group Holdings Ltd		4,779,380
	174,000		Keppel Corp Ltd		1,525,107
	258,000		Oversea-Chinese Banking Corp		2,059,073

86

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
	337,000		SembCorp Industries Ltd	$	1,475,747
	153,000		Singapore Telecommunications Ltd		497,633
	147,176		United Overseas Land Ltd		779,738
			TOTAL SINGAPORE		13,248,327
SPAIN - 2.8%
	28,959		ACS Actividades Construccion y Servicios S.A.		1,266,351
	95,041	e	Amadeus IT Holding S.A.		3,739,925
	47,499		Banco Bilbao Vizcaya Argentaria S.A.		583,891
	394,128		Banco Santander Central Hispano S.A.		3,959,918
	1,057,057		CaixaBank S.A.		6,356,300
	40,523		Distribuidora Internacional de Alimentacion S.A.		335,884
	260,501		Gas Natural SDG S.A.		8,003,305
	246,680		Telefonica S.A.		4,021,501
			TOTAL SPAIN		28,267,075
SWEDEN - 3.1%
	783,140		Ericsson (LM) (B Shares)		9,751,563
	17,150		Investor AB (B Shares)		616,525
	720,613		Skandinaviska Enskilda Banken AB (Class A)		9,646,822
	12,036		Svenska Handelsbanken (A Shares)		579,658
	42,670		Swedbank AB (A Shares)		1,093,104
	1,212,161		TeliaSonera AB		9,078,754
			TOTAL SWEDEN		30,766,426
SWITZERLAND - 8.5%
	27,574		Actelion Ltd		3,311,799
	12,707		Baloise Holding AG.		1,529,989
	2,482		EMS-Chemie Holding AG.		1,069,476
	1,738		Givaudan S.A.		2,842,658
	386		Lindt & Spruengli AG.		2,006,563
	203,850		Nestle S.A.		15,093,055
	253,133		Novartis AG.		22,022,215
	70,976		Roche Holding AG.		20,597,631
	425		Sika AG.		1,653,256
	112,584		Swiss Re Ltd		9,570,484
	8,867		Swisscom AG.		4,922,962
	1,794		Zurich Financial Services AG.		521,174
			TOTAL SWITZERLAND		85,141,262
UNITED KINGDOM - 19.7%
	74,676		Aberdeen Asset Management plc		518,431
	195,639		Antofagasta plc		2,662,166
	24,456		AstraZeneca plc (ADR)		1,780,152
	956,058		Aviva plc		8,090,913
	16,081		BG Group plc		317,105
	398,458		BHP Billiton plc		13,592,197
	369,511		BP plc (ADR)		18,094,954
	164,327		British American Tobacco plc		9,626,665
	256,583		British Land Co plc		3,035,579
	956,951		BT Group plc		6,265,057
	9,336		Bunzl plc		250,237

87

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
	16,641		Croda International plc	$	590,276
	24,008		Diageo plc		721,016
	195,157		easyJet plc		4,253,485
	594,175		GKN plc		3,418,684
	645,092		GlaxoSmithKline plc		15,545,899
	893,099		HSBC Holdings plc		9,574,837
	119,425		Imperial Tobacco Group plc		5,170,377
	687,728		International Consolidated Airlines Group S.A.		3,847,568
	440,530		ITV plc		1,546,335
	993,444	e	J Sainsbury plc		5,236,310
	62,791		Johnson Matthey plc		3,128,677
	331,359		Kingfisher plc		1,673,653
	2,283,669		Legal & General Group plc		9,009,225
	381,702	*	Lloyds TSB Group plc		475,858
	280,978		Meggitt plc		2,405,889
	652,616		National Grid plc		9,295,360
	57,630		Next plc		6,577,422
	1,440,555		Old Mutual plc		4,739,094
	552,556		Prudential plc		12,699,866
	145,826		Reckitt Benckiser Group plc		12,873,142
	268,809		Reed Elsevier plc		4,321,307
	27,793		Rio Tinto plc		1,588,481
	290,891		Royal Mail plc		2,042,172
	280,521		Sage Group plc		1,742,321
	49,496		Smith & Nephew plc		851,812
	177,739		Tate & Lyle plc		1,866,005
	124,958		Travis Perkins plc		3,518,448
	137,023		Vodafone Group plc (ADR)		4,551,904
			TOTAL UNITED KINGDOM		197,498,879
UNITED STATES - 0.5%
	70,000		iShares MSCI EAFE Index Fund		4,661,300
			TOTAL UNITED STATES		4,661,300
			TOTAL COMMON STOCKS		990,322,047
			(Cost $855,550,908)
RIGHTS / WARRANTS - 0.0%
SPAIN - 0.0%
	394,128	m	Banco Santander S.A.		80,814
			TOTAL SPAIN		80,814
			TOTAL RIGHTS / WARRANTS		80,814
			(Cost $81,591)

88

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

SHARES			COMPANY	VALUE
SHORT-TERM INVESTMENTS - 2.6%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 2.6%
	25,623,711	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	25,623,711
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		25,623,711
			TOTAL SHORT-TERM INVESTMENTS		25,623,711
			(Cost $25,623,711)
			TOTAL INVESTMENTS - 101.4%		1,016,026,572
			(Cost $881,256,210)
			OTHER ASSETS & LIABILITIES, NET - (1.4)%		(13,882,443	)
			NET ASSETS - 100.0%	$	1,002,144,129

	Abbreviation(s):
	ADR     American Depositary Receipt
	REIT     Real Estate Investment Trust
*	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 $24,211,612.
m	Indicates a security that has been deemed illiquid.

89

TIAA-CREF FUNDS - Enhanced International Equity Index Fund

TIAA-CREF FUNDS
ENHANCED INTERNATIONAL EQUITY INDEX FUND
SUMMARY OF MARKET VALUES BY SECTOR (unaudited)
July 31, 2014

SECTOR	VALUE			% OF NET ASSETS
FINANCIALS	$	259,169,206			25.9	%
INDUSTRIALS		122,126,940			12.2
CONSUMER DISCRETIONARY		115,520,230			11.5
CONSUMER STAPLES		107,400,456			10.7
HEALTH CARE		101,923,487			10.2
MATERIALS		81,972,762			8.2
ENERGY		70,034,683			7.0
TELECOMMUNICATION SERVICES		50,296,821			5.0
INFORMATION TECHNOLOGY		43,328,248			4.3
UTILITIES		38,630,028			3.8
SHORT-TERM INVESTMENTS		25,623,711			2.6
OTHER ASSETS & LIABILITIES, NET		(13,882,443	)		(1.4	)
NET ASSETS	$	1,002,144,129			100.0	%

90

TIAA-CREF FUNDS - Global Natural Resources Fund

TIAA-CREF FUNDS

GLOBAL NATURAL RESOURCES FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.3%
AUSTRALIA - 7.9%
	131,330		Amcor Ltd	$	1,256,997
	243,297		BHP Billiton Ltd		8,638,606
	1,794,649	e	Fortescue Metals Group Ltd		8,045,833
	146,153	*	Newcrest Mining Ltd		1,460,047
	102,399		Oil Search Ltd		895,624
			TOTAL AUSTRALIA		20,297,107
BRAZIL - 1.3%
	268,200		Vale S.A. (Preference)		3,443,599
			TOTAL BRAZIL		3,443,599
CANADA - 11.7%
	27,063		Agrium, Inc		2,467,155
	28,241	e	ARC Resources Ltd		778,062
	70,000		Canadian Natural Resources Ltd (Canada)		3,051,405
	10,877		Canadian Pacific Railway Ltd (Toronto)		2,068,261
	31,952		Gibson Energy, Inc		980,230
	56,570		Imperial Oil Ltd		2,902,822
	82,777	e	Inter Pipeline Ltd		2,564,504
	28,200		Keyera Corp		2,110,959
	70,952	e	Peyto Exploration & Development Corp		2,384,914
	194,543	e	Potash Corp of Saskatchewan		6,906,736
	80,631		Silver Wheaton Corp		2,106,086
	18,710	*	Tourmaline Oil Corp		880,804
	13,418	e	Vermilion Energy, Inc		885,550
			TOTAL CANADA		30,087,488
CHILE - 0.7%
	69,048		Sociedad Quimica y Minera de Chile S.A. (Class B)		1,917,671
			TOTAL CHILE		1,917,671
CHINA - 0.4%
	570,000		CNOOC Ltd		1,008,255
			TOTAL CHINA		1,008,255
DENMARK - 0.9%
	44,700		Novozymes AS		2,210,387
			TOTAL DENMARK		2,210,387
FINLAND - 0.5%
	146,437		Stora Enso Oyj (R Shares)		1,315,743
			TOTAL FINLAND		1,315,743

91

TIAA-CREF FUNDS - Global Natural Resources Fund

SHARES			COMPANY	VALUE
FRANCE - 1.9%
	76,672		Total S.A.	$	4,944,935
			TOTAL FRANCE		4,944,935
GERMANY - 0.4%
	22,940		Fuchs Petrolub AG. (Preference)		920,629
			TOTAL GERMANY		920,629
HONG KONG - 0.3%
	1,236,000		Lee & Man Paper Manufacturing Ltd		749,798
			TOTAL HONG KONG		749,798
INDIA - 1.5%
	81,565		Britannia Industries Ltd		1,539,918
	65,959		Kaveri Seed Co Ltd		793,285
	308,078		Sesa Sterlite Ltd		1,464,892
			TOTAL INDIA		3,798,095
INDONESIA - 1.8%
	408,600		PT Astra Agro Lestari Tbk		937,654
	4,510,300		PT Charoen Pokphand Indonesia Tbk		1,503,385
	1,426,300		PT Perusahaan Gas Negara Persero Tbk		717,921
	454,700		PT Tambang Batubara Bukit Asam Tbk		450,014
	2,831,200		PT Vale Indonesia Tbk		966,391
			TOTAL INDONESIA		4,575,365
JAPAN - 0.6%
	91,000		Sumitomo Metal Mining Co Ltd		1,515,990
			TOTAL JAPAN		1,515,990
JERSEY, C.I. - 1.3%
	37,886		Randgold Resources Ltd		3,262,244
			TOTAL JERSEY, C.I.		3,262,244
KOREA, REPUBLIC OF - 0.8%
	5,254		Korea Zinc Co Ltd		2,103,734
			TOTAL KOREA, REPUBLIC OF		2,103,734
MALAYSIA - 1.0%
	641,300		IOI Corp BHD		1,003,537
	231,100		Kuala Lumpur Kepong BHD		1,715,581
			TOTAL MALAYSIA		2,719,118
MEXICO - 0.2%
	32,195	e	Fresnillo plc		503,196
			TOTAL MEXICO		503,196
NETHERLANDS - 3.9%
	68,531	*	Constellium NV		1,986,028
	143,612		Royal Dutch Shell plc (A Shares)		5,904,731
	48,253		Royal Dutch Shell plc (B Shares)		2,077,860
			TOTAL NETHERLANDS		9,968,619

92

TIAA-CREF FUNDS - Global Natural Resources Fund

SHARES			COMPANY	VALUE
NORWAY - 1.0%
	44,243		Statoil ASA	$	1,264,225
	31,611		Yara International ASA		1,448,715
			TOTAL NORWAY		2,712,940
POLAND - 0.7%
	44,238		KGHM Polska Miedz S.A.		1,814,938
			TOTAL POLAND		1,814,938
RUSSIA - 0.3%
	6,868		NovaTek OAO (GDR)		710,713
			TOTAL RUSSIA		710,713
SOUTH AFRICA - 2.4%
	101,680	*	AngloGold Ashanti Ltd		1,743,445
	15,040		Assore Ltd		498,238
	62,961	e	Kumba Iron Ore Ltd		2,201,619
	29,246		Sasol Ltd		1,687,006
			TOTAL SOUTH AFRICA		6,130,308
SWITZERLAND - 4.7%
	1,376		Barry Callebaut AG.		1,691,962
	750		SGS S.A.		1,633,832
	24,539		Syngenta AG.		8,693,045
			TOTAL SWITZERLAND		12,018,839
UNITED KINGDOM - 9.9%
	209,958		Antofagasta plc		2,857,012
	57,999		BG Group plc		1,143,696
	399,675		BHP Billiton plc		13,633,712
	115,601		Rio Tinto plc		6,607,061
	31,624		Weir Group plc		1,364,915
			TOTAL UNITED KINGDOM		25,606,396
UNITED STATES - 43.2%
	21,254		Alliance Holdings GP LP		1,491,181
	19,190		Anadarko Petroleum Corp		2,050,452
	11,847		Apache Corp		1,216,213
	158,762		Archer Daniels Midland Co		7,366,557
	16,624		CF Industries Holdings, Inc		4,161,652
	20,725		Cimarex Energy Co		2,881,190
	136,300	e	Cliffs Natural Resources, Inc		2,378,435
	18,754		Compass Minerals International, Inc		1,613,219
	67,836		ConocoPhillips		5,596,470
	24,885	*,e	Continental Resources, Inc		3,652,620
	13,426		Core Laboratories NV		1,965,969
	44,635		EOG Resources, Inc		4,884,854
	130,361		Exxon Mobil Corp		12,897,917
	27,520		FMC Corp		1,794,854

93

TIAA-CREF FUNDS - Global Natural Resources Fund

SHARES			COMPANY	VALUE
	227,306	*	Graphic Packaging Holding Co	$	2,727,672
	56,620		International Paper Co		2,689,450
	19,559		LyondellBasell Industries AF S.C.A		2,078,144
	31,599		Magellan Midstream Partners LP		2,533,924
	138,527		Monsanto Co		15,666,018
	57,160		Mosaic Co		2,635,648
	7,808		NewMarket Corp		3,021,696
	78,601		Newmont Mining Corp		1,957,951
	63,455	*	NOW, Inc		2,042,617
	38,303		Packaging Corp of America		2,534,127
	15,805		Phillips 66		1,281,943
	111,097		RPC, Inc		2,499,683
	85,597	*	RSP Permian, Inc		2,529,391
	11,800		Schlumberger Ltd		1,279,002
	20,000		Scotts Miracle-Gro Co (Class A)		1,064,000
	201,155		Southern Copper Corp (NY)		6,609,953
	53,830	*	Southwestern Energy Co		2,184,421
	43,932		Western Refining, Inc		1,799,455
			TOTAL UNITED STATES		111,086,678
			TOTAL COMMON STOCKS		255,422,785
			(Cost $228,288,432)
SHORT-TERM INVESTMENTS - 5.3%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 5.3%
	13,635,899	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		13,635,899
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		13,635,899
			TOTAL SHORT-TERM INVESTMENTS		13,635,899
			(Cost $13,635,899)
			TOTAL INVESTMENTS - 104.6%		269,058,684
			(Cost $241,924,331)
			OTHER ASSETS & LIABILITIES, NET - (4.6)%		(11,727,385	)
			NET ASSETS - 100.0%	$	257,331,299

	Abbreviation(s):
	GDR   Global Depositary Receipt
*	Non-income producing
c	Investments made with cash collateral received form securities on loan.
e	All or a portion of these securities are out on loan. The aggregate value of securities on loan is $12,941,132.

94

TIAA-CREF FUNDS - Global Natural Resources Fund

TIAA-CREF FUNDS
GLOBAL NATURAL RESOURCES FUND
SUMMARY OF MARKET VALUES BY SECTOR (unaudited)
July 31, 2014

SECTOR	VALUE			% OF NET ASSETS
MATERIALS	$	143,672,366			55.8	%
ENERGY		87,370,994			34.0
CONSUMER STAPLES		16,551,879			6.4
INDUSTRIALS		7,109,625			2.8
UTILITIES		717,921			0.3
SHORT-TERM INVESTMENTS		13,635,899			5.3
OTHER ASSETS & LIABILITIES, NET		(11,727,385	)		(4.6	)
NET ASSETS	$	257,331,299			100.0	%

95

TIAA-CREF FUNDS - International Equity Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 98.5%
AUSTRALIA - 0.9%
	876,829		BHP Billiton Ltd	$	31,133,062
			TOTAL AUSTRALIA		31,133,062
BELGIUM - 0.6%
	378,429		Arseus NV		20,419,035
			TOTAL BELGIUM		20,419,035
FRANCE - 19.0%
	3,514,800		Accor S.A.		170,213,381
	319,078		Aeroports de Paris		43,706,858
	504,934		BNP Paribas		33,504,109
	2,378,965	e	Bouygues S.A.		93,714,496
	2,213,414		Compagnie de Saint-Gobain		107,697,684
	118,600		Eiffage S.A.		7,687,691
	1,313,337	e	Essilor International S.A.		128,297,416
	74,999		Nexity		2,842,806
	2,632,368		Rexel S.A.		51,006,825
	895,068		Vinci S.A.		61,771,241
			TOTAL FRANCE		700,442,507
GERMANY - 8.5%
	606,374		Bayer AG.		79,984,666
	570,169		Henkel KGaA (Preference)		63,402,891
	1,081,136		Lanxess AG.		68,859,630
	499,461		Linde AG.		101,869,398
			TOTAL GERMANY		314,116,585
GREECE - 6.8%
	2,573,683	*	Hellenic Telecommunications Organization S.A.		35,279,168
	26,517,016	*	National Bank of Greece S.A.		84,416,656
	61,861,821	*	Piraeus Bank S.A.		129,971,388
			TOTAL GREECE		249,667,212
HONG KONG - 0.5%
	18,265		Hong Kong Exchanges and Clearing Ltd		409,149
	19,668,500	*	Intime Retail Group Co Ltd		18,325,320
			TOTAL HONG KONG		18,734,469
INDIA - 7.7%
	535,861		Eicher Motors Ltd		75,067,922
	5,703,926		HDFC Bank Ltd		78,009,416
	3,833,022		IndusInd Bank Ltd		35,050,602
	3,851,234		Larsen & Toubro Ltd		94,818,706
			TOTAL INDIA		282,946,646

96

TIAA-CREF FUNDS - International Equity Fund

SHARES			COMPANY	VALUE
INDONESIA - 0.6%
	36,788,000		PT Indofood Sukses Makmur Tbk	$	22,144,235
			TOTAL INDONESIA		22,144,235
JAPAN - 14.0%
	57,800		Daikin Industries Ltd		3,969,643
	972,000		Daiwa House Industry Co Ltd		19,730,837
	307,200		Don Quijote Co Ltd		16,599,208
	4,750	*	Fanuc Ltd		820,944
	42,000		Fast Retailing Co Ltd		13,866,210
	1,346,100		Hoya Corp		43,584,756
	2,168,000		J Front Retailing Co Ltd		14,608,930
	34,697		Kao Corp		1,426,887
	25,830		Komatsu Ltd		572,840
	696,200	e	Matsui Securities Co Ltd		6,533,767
	4,977,400		Mazda Motor Corp		119,593,363
	32,057		Mitsubishi Corp		675,501
	241,984		Mitsubishi Electric Corp		3,194,560
	363,000		Mitsubishi Heavy Industries Ltd		2,366,264
	1,240,147		Mitsubishi UFJ Financial Group, Inc		7,313,519
	24,000		Mitsui Trust Holdings, Inc		104,441
	130,900		Murata Manufacturing Co Ltd		12,478,079
	58,647	*	Nomura Holdings, Inc		370,272
	3,254,275	*	Olympus Corp		117,101,107
	387,850		Softbank Corp		27,881,858
	3,416,950		Sony Corp		62,276,423
	73,250		Sumitomo Corp		965,292
	16,000		Sumitomo Metal Mining Co Ltd		266,548
	13,000		Suruga Bank Ltd		253,482
	504,100		Toyota Motor Corp		29,762,069
	1,039,700	*,e	Yumeshin Holdings Co Ltd		9,854,264
			TOTAL JAPAN		516,171,064
MEXICO - 0.5%
	335,800	e	Grupo Financiero Banorte S.A. de C.V.		2,231,724
	6,301,200		Qualitas Controladora SAB de C.V.		17,087,596
			TOTAL MEXICO		19,319,320
NETHERLANDS - 4.5%
	99,378		ASML Holding NV		9,372,361
	1,122,060		Heineken NV		78,819,493
	5,972,207		ING Groep NV		77,564,534
	4,831		Royal Dutch Shell plc (A Shares)		198,631
			TOTAL NETHERLANDS		165,955,019
SINGAPORE - 1.0%
	34,578,000	e	Genting International plc		36,870,237
			TOTAL SINGAPORE		36,870,237

97

TIAA-CREF FUNDS - International Equity Fund

SHARES			COMPANY	RATE		MATURITY DATE	VALUE
SWEDEN - 4.8%
	5,004,341		SKF AB (B Shares)				$	117,963,118
	4,838,015		Volvo AB (B Shares)					59,065,916
			TOTAL SWEDEN					177,029,034
SWITZERLAND - 9.9%
	1,546,723		Adecco S.A.					115,692,610
	105,397		Burckhardt Compression Holding AG.					54,966,582
	3,331,503		Clariant AG.					62,022,193
	731,388		Holcim Ltd					58,523,095
	640,485		Swatch Group AG. (Registered)					64,136,003
	519,662		UBS AG.					8,928,587
			TOTAL SWITZERLAND					364,269,070
UNITED KINGDOM - 19.2%
	498,892		ARM Holdings plc					7,102,457
	161,878		Barclays plc					613,629
	18,336,445		British Sky Broadcasting plc					271,414,102
	4,807,221		Filtrona plc					62,285,437
	11,092,450		Group 4 Securicor plc					46,938,391
	45,995,345		Man Group plc					91,929,188
	9,990,193	*,e	Ocado Ltd					56,505,178
	825,343		Reckitt Benckiser Group plc					72,859,146
	294,749		Rio Tinto plc					16,846,088
	7,507,327		Tate & Lyle plc					78,816,185
			TOTAL UNITED KINGDOM					705,309,801
			TOTAL COMMON STOCKS					3,624,527,296
			(Cost $3,548,532,161)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 2.0%
GOVERNMENT AGENCY DEBT - 0.2%
$	2,950,000		Federal Home Loan Bank (FHLB)	0.065	%	08/12/14		2,949,941
	3,800,000		FHLB	0.075		09/03/14		3,799,739
			TOTAL GOVERNMENT AGENCY DEBT					6,749,680
TREASURY DEBT - 0.0%
	400,000		United States Treasury Bill	0.033		12/18/14		399,927
			TOTAL TREASURY DEBT					399,927
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.8%
	66,924,385	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust					66,924,385
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES					66,924,385
			TOTAL SHORT-TERM INVESTMENTS					74,073,992
			(Cost $74,074,015)

98

TIAA-CREF FUNDS - International Equity Fund

SHARES		COMPANY	VALUE
		TOTAL INVESTMENTS - 100.5%	$	3,698,601,288
		(Cost $3,622,606,176)
		OTHER ASSETS & LIABILITIES, NET - (0.5)%		(17,932,679	)
		NET ASSETS - 100.0%	$	3,680,668,609
	*	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 $62,714,841.

99

TIAA-CREF FUNDS - International Equity Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY FUND

SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2014

				% OF
SECTOR	VALUE			NET ASSETS
INDUSTRIALS	$	952,517,348			25.9	%
CONSUMER DISCRETIONARY		874,170,424			23.8
FINANCIALS		596,865,702			16.2
MATERIALS		401,805,451			10.9
HEALTH CARE		345,802,224			9.4
CONSUMER STAPLES		317,468,837			8.6
INFORMATION TECHNOLOGY		72,537,653			2.0
TELECOMMUNICATION SERVICES		63,161,026			1.7
ENERGY		198,631			0.0
SHORT-TERM INVESTMENTS		74,073,992			2.0
OTHER ASSETS & LIABILITIES, NET		(17,932,679	)		(0.5	)
NET ASSETS	$	3,680,668,609			100.0	%

100

TIAA-CREF FUNDS - International Opportunities Fund

TIAA-CREF FUNDS
INTERNATIONAL OPPORTUNITIES FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 96.4%
AUSTRALIA - 3.4%
	416,430	*	Australia & New Zealand Banking Group Ltd	$	13,001,611
	520,711		BHP Billiton Ltd		18,488,585
	99,964		National Australia Bank Ltd		3,245,791
			TOTAL AUSTRALIA		34,735,987
BELGIUM - 2.0%
	165,657		Arseus NV		8,938,416
	119,461	e	UCB S.A.		10,957,450
			TOTAL BELGIUM		19,895,866
BRAZIL - 2.5%
	823,880		Banco Itau Holding Financeira S.A.		12,746,309
	258,100		Cia Brasileira de Distribuicao Grupo Pao de Acucar		12,457,058
			TOTAL BRAZIL		25,203,367
CANADA - 6.4%
	352,140		Alimentation Couche Tard, Inc		9,637,142
	141,795	e	Canadian National Railway Co		9,479,009
	131,715		Dollarama, Inc		10,841,859
	237,339		Suncor Energy, Inc		9,745,189
	333,846		Toronto-Dominion Bank		17,458,522
	331,933	e	TransForce, Inc		8,393,078
			TOTAL CANADA		65,554,799
CHINA - 5.7%
	7,497,600	e	China Everbright International Ltd		10,009,613
	3,144,100		Haitong Securities Co Ltd		5,211,513
	365,900	*	JD.com, Inc (ADR)		10,457,422
	14,858,000		Sihuan Pharmaceutical Holdings		9,108,501
	1,005,000		Tencent Holdings Ltd		16,320,944
	11,980,600	*	Xinchen China Power Holdings Ltd		7,216,566
			TOTAL CHINA		58,324,559
FINLAND - 0.5%
	163,800		Elisa Oyj (Series A)		4,700,379
			TOTAL FINLAND		4,700,379
FRANCE - 4.6%
	162,390		BNP Paribas		10,775,135
	524,669	*,e	GameLoft		3,344,177
	34,532		L’Oreal S.A.		5,831,069
	174,174		Teleperformance		12,101,377
	234,895		Total S.A.		15,149,476
			TOTAL FRANCE		47,201,234

101

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY	VALUE
GERMANY - 3.4%
	93,864		Allianz AG.	$	15,627,047
	99,640		Beiersdorf AG.		8,980,974
	399,064	*,e	Paion AG.		1,333,245
	223,401		Wirecard AG.		8,286,473
			TOTAL GERMANY		34,227,739
GREECE - 1.4%
	583,710		OPAP S.A.		9,512,428
	2,489,841	*	Piraeus Bank S.A.		5,231,144
			TOTAL GREECE		14,743,572
HONG KONG - 1.6%
	2,232,800		AIA Group Ltd		11,961,997
	5,697,000	*	Summit Ascent Holdings Ltd		3,859,108
			TOTAL HONG KONG		15,821,105
INDIA - 1.2%
	449,260	*	Just Dial Ltd		12,339,593
			TOTAL INDIA		12,339,593
INDONESIA - 2.0%
	11,075,400		PT Bank Mandiri Persero Tbk		9,637,318
	54,671,100		PT Express Transindo Utama Tbk		6,387,261
	50,685,400		PT Lippo Karawaci Tbk		4,788,092
			TOTAL INDONESIA		20,812,671
IRELAND - 2.5%
	351,910		CRH plc		8,213,762
	107,191		Shire Ltd		8,822,713
	404,947		Smurfit Kappa Group plc		8,787,834
			TOTAL IRELAND		25,824,309
ITALY - 0.7%
	276,788	*,e	Yoox S.p.A		7,284,414
			TOTAL ITALY		7,284,414
JAPAN - 13.4%
	362,700		Fuji Heavy Industries Ltd		10,343,219
	111,700	e	GMO Payment Gateway, Inc		5,052,258
	383,000	*	Hoya Corp		12,400,982
	397,200	e	Infomart Corp		8,247,170
	829,000		Iwatani International Corp		6,374,690
	563,000		Kubota Corp		7,412,060
	1,025,500	e	Matsui Securities Co Ltd		9,624,215
	1,576,000		Mitsui OSK Lines Ltd		5,839,465
	350,500	e	MonotaRO Co Ltd		9,339,693
	59,500		Oriental Land Co Ltd		11,173,285
	674,800	*	ORIX Corp		10,905,627

102

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY	VALUE
	163,000		Seria Co Ltd	$	7,085,836
	1,414,700	e	Shimizu Corp		10,835,970
	127,500		Softbank Corp		9,165,752
	172,100		Sumitomo Mitsui Financial Group, Inc		7,015,565
	169,200		Sysmex Corp		6,568,426
			TOTAL JAPAN		137,384,213
KOREA, REPUBLIC OF - 2.7%
	95,645		Hanssem Co Ltd		8,685,402
	54,900	*	i-SENS Inc		2,597,636
	12,721		Samsung Electronics Co Ltd		16,463,693
			TOTAL KOREA, REPUBLIC OF		27,746,731
MACAU - 0.9%
	2,137,600	e	Wynn Macau Ltd		9,109,186
			TOTAL MACAU		9,109,186
NETHERLANDS - 4.4%
	126,499		ASML Holding NV		11,930,148
	71,197	e	Gemalto NV		6,953,584
	1,184,677	*	ING Groep NV		15,386,091
	265,806		Royal Dutch Shell plc (A Shares)		10,928,842
			TOTAL NETHERLANDS		45,198,665
NEW ZEALAND - 0.4%
	187,103	*	Xero Ltd		3,940,153
			TOTAL NEW ZEALAND		3,940,153
NORWAY - 2.5%
	577,539		DNB NOR Holding ASA		10,234,903
	525,911		Statoil ASA		15,027,682
			TOTAL NORWAY		25,262,585
PHILIPPINES - 2.8%
	1,629,400		Banco de Oro Universal Bank		3,379,264
	107,272,800		Megaworld Corp		10,394,135
	6,318,000		Nickel Asia Corp		5,198,866
	6,402,910		Robinsons Retail Holdings, Inc		9,614,418
			TOTAL PHILIPPINES		28,586,683
SINGAPORE - 0.8%
	7,587,500	e	Genting International plc		8,090,489
			TOTAL SINGAPORE		8,090,489
SOUTH AFRICA - 0.7%
	1,739,245		Life Healthcare Group Holdings Pte Ltd		7,137,099
			TOTAL SOUTH AFRICA		7,137,099
SPAIN - 2.4%
	443,586		Acerinox S.A.		7,382,090
	269,762	e	Amadeus IT Holding S.A.		10,615,310

103

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY	VALUE
	142,139	e,m	Let’s GOWEX S.A.	$	1,903
	115,080		Tecnicas Reunidas S.A.		6,468,890
			TOTAL SPAIN		24,468,193
SWEDEN - 2.4%
	452,454	*,e	Fingerprint Cards AB		3,227,035
	313,012		Intrum Justitia AB		9,578,240
	283,853		Kinnevik Investment AB (Series B)		11,782,003
			TOTAL SWEDEN		24,587,278
SWITZERLAND - 3.1%
	102,717		Lonza Group AG.		11,390,659
	228,162		Novartis AG.		19,849,773
			TOTAL SWITZERLAND		31,240,432
TAIWAN - 3.0%
	711,440		Eclat Textile Co Ltd		7,890,368
	434,000		Ginko International Co Ltd		6,265,952
	4,610,398		Hota Industrial Manufacturing Co Ltd		7,724,934
	692,000		King Slide Works Co Ltd		9,158,120
			TOTAL TAIWAN		31,039,374
UNITED KINGDOM - 17.6%
	1,689,397		Ashtead Group plc		25,342,044
	210,731		Aveva Group plc		7,110,478
	274,500	*	BTG plc		2,803,054
	178,724		Consort Medical plc		2,738,287
	1,027,425		Countrywide plc		9,011,252
	1,328,630	*	International Consolidated Airlines Group S.A. (London)		7,385,366
	1,420,687	*	Just Eat plc		4,833,068
	3,573,424		Man Group plc		7,142,070
	9,724,553	*,e	Monitise plc		7,479,775
	846,832	*	Ocado Ltd		4,789,737
	282,873		PayPoint plc		5,009,755
	1,250,326	*	Poundland Group plc		6,791,263
	266,685		Rightmove plc		10,213,861
	256,725		SABMiller plc		13,979,082
	786,671	*	Sports Direct International plc		8,839,300
	371,247		SuperGroup plc		6,375,358
	7,913,179		Taylor Woodrow plc		14,791,066
	317,299		Travis Perkins plc		8,934,203
	98,917		Unilever plc		4,273,857
	152,081	*	WANdisco plc		1,097,642
	178,782		Whitbread plc		12,946,560
	394,172		WPP plc		7,846,604
			TOTAL UNITED KINGDOM		179,733,682
UNITED STATES - 1.4%
	91,200		Biovail Corp (Toronto)		10,692,068
	27,000		Perrigo Co plc		4,062,150
			TOTAL UNITED STATES		14,754,218

104

TIAA-CREF FUNDS - International Opportunities Fund

SHARES			COMPANY	VALUE
			TOTAL COMMON STOCKS	$	984,948,575
			(Cost $915,982,331)
SHORT-TERM INVESTMENTS - 7.8%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 7.8%
	79,270,164	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		79,270,164
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		79,270,164
			TOTAL SHORT-TERM INVESTMENTS		79,270,164
			(Cost $79,270,164)
			TOTAL INVESTMENTS - 104.2%		1,064,218,739
			(Cost $995,252,495)
			OTHER ASSETS & LIABILITIES, NET - (4.2)%		(42,562,613	)
			NET ASSETS - 100.0%	$	1,021,656,126

	Abbreviation(s):
	ADR     American 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 $71,522,833.
m	Indicates a security that has been deemed illiquid.

105

TIAA-CREF FUNDS - International Opportunities Fund

TIAA-CREF FUNDS
INTERNATIONAL OPPORTUNITIES FUND
SUMMARY OF MARKET VALUES BY SECTOR (unaudited)
July 31, 2014

SECTOR	VALUE			% OF NET ASSETS
FINANCIALS	$	204,559,604			20.0	%
CONSUMER DISCRETIONARY		191,868,265			18.8
INDUSTRIALS		151,579,944			14.8
INFORMATION TECHNOLOGY		139,642,483			13.7
HEALTH CARE		113,265,429			11.1
CONSUMER STAPLES		64,773,600			6.3
ENERGY		57,320,079			5.6
MATERIALS		48,071,137			4.7
TELECOMMUNICATION SERVICES		13,868,034			1.4
SHORT-TERM INVESTMENTS		79,270,164			7.8
OTHER ASSETS & LIABILITIES, NET		(42,562,613	)		(4.2	)
NET ASSETS	$	1,021,656,126			100.0	%

106

TIAA-CREF FUNDS - Equity Index Fund

TIAA-CREF FUNDS

EQUITY INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.7%
AUTOMOBILES & COMPONENTS - 1.2%
	26,759	*	American Axle & Manufacturing Holdings, Inc	$	492,098
	92,358		BorgWarner, Inc		5,749,285
	25,308		Cooper Tire & Rubber Co		731,148
	5,446	*,e	Cooper-Standard Holding, Inc		337,652
	62,558		Dana Holding Corp		1,400,048
	11,325	e	Dorman Products, Inc		491,278
	9,467		Drew Industries, Inc		426,015
	7,898	*	Federal Mogul Corp (Class A)		125,894
	1,543,299		Ford Motor Co		26,266,949
	5,704	*	Fox Factory Holding Corp		84,876
	6,354	*	Fuel Systems Solutions, Inc		66,717
	632,735		General Motors Co		21,399,098
	58,183		Gentex Corp		1,681,489
	14,049	*	Gentherm, Inc		587,951
	98,598		Goodyear Tire & Rubber Co		2,481,712
	86,915		Harley-Davidson, Inc		5,373,085
	264,307		Johnson Controls, Inc		12,485,863
	32,307		Lear Corp		3,042,350
	19,110	*	Modine Manufacturing Co		263,145
	6,036	*	Motorcar Parts of America, Inc		134,361
	4,368		Remy International, Inc		96,882
	3,214		Shiloh Industries, Inc		54,638
	13,757		Spartan Motors, Inc		59,155
	7,864		Standard Motor Products, Inc		283,497
	12,077	*	Stoneridge, Inc		132,485
	1,415		Strattec Security Corp		88,904
	9,325		Superior Industries International, Inc		174,471
	24,233	*	Tenneco, Inc		1,543,642
	37,799	*,e	Tesla Motors, Inc		8,440,517
	18,249		Thor Industries, Inc		966,650
	8,089	*	Tower International, Inc		254,803
	44,079	*	TRW Automotive Holdings Corp		4,508,841
	19,258	*	Visteon Corp		1,839,139
	11,180	*	Winnebago Industries, Inc		262,730
			TOTAL AUTOMOBILES & COMPONENTS		102,327,368
BANKS - 5.9%
	5,849		1st Source Corp		166,053
	12,197		1st United Bancorp, Inc		101,845
	3,144		American National Bankshares, Inc		67,627
	9,012		Ameris Bancorp		196,822
	3,475	e	Ames National Corp		77,805
	12,788		Apollo Residential Mortgage		208,444
	4,384	e	Arrow Financial Corp		111,354

107

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	63,588		Associated Banc-Corp	$	1,139,497
	34,469		Astoria Financial Corp		443,961
	11,158	e	Banc of California, Inc		132,445
	2,807		Bancfirst Corp		170,946
	11,115		Banco Latinoamericano de Exportaciones S.A. (Class E)		330,004
	38,151		Bancorpsouth, Inc		796,211
	19,189		Bank Mutual Corp		115,710
	4,189,413		Bank of America Corp		63,888,548
	18,696		Bank of Hawaii Corp		1,069,037
	2,455		Bank of Kentucky Financial Corp		84,820
	2,316		Bank of Marin Bancorp		103,803
	31,784		Bank of the Ozarks, Inc		977,994
	7,344		BankFinancial Corp		75,056
	39,537		BankUnited		1,235,136
	8,283		Banner Corp		333,308
	280,066		BB&T Corp		10,368,043
	31,029		BBCN Bancorp, Inc		466,056
	3,307	*	BBX Capital Corp		59,791
	12,634	*	Beneficial Mutual Bancorp, Inc		165,253
	9,956		Berkshire Hills Bancorp, Inc		240,637
	7,943	e	BNC Bancorp		131,695
	5,675	*	BofI Holding, Inc		423,298
	11,776		BOK Financial Corp		780,042
	31,753		Boston Private Financial Holdings, Inc		396,277
	4,660		Bridge Bancorp, Inc		111,374
	3,968	*	Bridge Capital Holdings		84,637
	27,051		Brookline Bancorp, Inc		244,271
	5,252		Bryn Mawr Bank Corp		154,934
	2,827		Camden National Corp		100,161
	9,174	*	Capital Bank Financial Corp		208,984
	4,271		Capital City Bank Group, Inc		57,360
	63,115		Capitol Federal Financial		738,445
	12,761		Cardinal Financial Corp		225,359
	11,872	*	Cascade Bancorp		64,346
	31,797		Cathay General Bancorp		813,685
	13,964		Centerstate Banks of Florida, Inc		145,505
	7,908		Central Pacific Financial Corp		141,553
	710		Century Bancorp, Inc		24,864
	8,748		Charter Financial Corp		95,791
	12,251		Chemical Financial Corp		338,128
	77,765		CIT Group, Inc		3,819,039
	1,208,740		Citigroup, Inc		59,119,473
	5,032		Citizens & Northern Corp		95,558
	6,773	e	City Holding Co		282,095
	18,917		City National Corp		1,423,504
	10,322		Clifton Bancorp, Inc		127,580
	5,791		CNB Financial Corp		95,725
	14,484		CoBiz, Inc		163,959
	20,938		Columbia Banking System, Inc		533,710
	72,341		Comerica, Inc		3,635,859
	33,657		Commerce Bancshares, Inc		1,516,584
	16,220		Community Bank System, Inc		571,431

108

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	6,977		Community Trust Bancorp, Inc	$	244,125
	4,655	*	CommunityOne Bancorp		42,873
	8,773		ConnectOne Bancorp, Inc		166,687
	3,920	*,e	CU Bancorp		72,755
	21,334		Cullen/Frost Bankers, Inc		1,663,412
	8,947	*	Customers Bancorp, Inc		169,635
	42,142		CVB Financial Corp		644,351
	11,236		Dime Community Bancshares		169,888
	8,926	*	Eagle Bancorp, Inc		297,325
	56,989		East West Bancorp, Inc		1,941,045
	3,026		Enterprise Bancorp, Inc		59,340
	7,766		Enterprise Financial Services Corp		135,517
	4,802		ESB Financial Corp		59,689
	16,579	*	Essent Group Ltd		301,904
	30,843		EverBank Financial Corp		586,017
	4,261		Federal Agricultural Mortgage Corp (Class C)		124,208
	6,593		Fidelity Southern Corp		91,313
	338,579		Fifth Third Bancorp		6,934,098
	5,686		Financial Institutions, Inc		126,229
	7,695		First Bancorp (NC)		123,736
	40,742	*	First Bancorp (Puerto Rico)		209,414
	3,643		First Bancorp, Inc		59,782
	28,287		First Busey Corp		156,993
	1,622		First Business Financial Services, Inc		70,752
	3,042		First Citizens Bancshares, Inc (Class A)		676,389
	37,222		First Commonwealth Financial Corp		318,620
	6,839		First Community Bancshares, Inc		100,602
	6,203		First Connecticut Bancorp		92,301
	3,699		First Defiance Financial Corp		99,910
	23,087		First Financial Bancorp		377,242
	25,714	e	First Financial Bankshares, Inc		755,477
	4,551		First Financial Corp		139,534
	5,550		First Financial Northwest, Inc		58,386
	95,427		First Horizon National Corp		1,124,130
	6,709		First Interstate Bancsystem, Inc		175,105
	14,242		First Merchants Corp		283,843
	30,162		First Midwest Bancorp, Inc		488,624
	5,662	*	First NBC Bank Holding Co		179,995
	139,845		First Niagara Financial Group, Inc		1,202,667
	3,154		First of Long Island Corp		110,958
	53,985		First Republic Bank		2,522,179
	66,882		FirstMerit Corp		1,177,123
	8,294	*	Flagstar Bancorp, Inc		151,780
	11,966		Flushing Financial Corp		222,328
	66,380		FNB Corp		816,474
	4,715		Fox Chase Bancorp, Inc		79,306
	4,177		Franklin Financial Corp		83,081
	75,235		Fulton Financial Corp		853,165
	5,141		German American Bancorp, Inc		132,895
	29,731		Glacier Bancorp, Inc		787,277
	4,253		Great Southern Bancorp, Inc		132,609
	5,658		Guaranty Bancorp		73,554

109

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	15,264	*,e	Hampton Roads Bankshares, Inc	$	25,186
	32,474		Hancock Holding Co		1,053,457
	12,696		Hanmi Financial Corp		268,140
	6,260		Heartland Financial USA, Inc		149,176
	8,704		Heritage Commerce Corp		69,632
	11,879		Heritage Financial Corp		188,995
	9,193	*	Heritage Oaks Bancorp		65,638
	21,505		Home Bancshares, Inc		646,440
	28,235		Home Loan Servicing Solutions Ltd		604,229
	5,943		HomeStreet, Inc		103,646
	8,420	*	HomeTrust Bancshares, Inc		128,068
	3,681		Horizon Bancorp		78,479
	210,522		Hudson City Bancorp, Inc		2,052,589
	6,296		Hudson Valley Holding Corp		109,487
	329,692		Huntington Bancshares, Inc		3,237,575
	12,449		IBERIABANK Corp		816,779
	9,542		Independent Bank Corp (MA)		348,378
	9,223		Independent Bank Corp (MI)		122,113
	3,656		Independent Bank Group, Inc		175,525
	21,517		International Bancshares Corp		545,456
	142,469		Investors Bancorp, Inc		1,474,554
	1,505,821		JPMorgan Chase & Co		86,840,697
	5,755	*	Kearny Financial Corp		86,728
	351,363		Keycorp		4,757,455
	5,950	*	Ladder Capital Corp		104,720
	14,928		Lakeland Bancorp, Inc		149,877
	6,729		Lakeland Financial Corp		244,868
	52,307	e	M&T Bank Corp		6,355,300
	9,756	e	Macatawa Bank Corp		45,853
	7,844		MainSource Financial Group, Inc		128,093
	22,064		MB Financial, Inc		594,404
	6,528		Mercantile Bank Corp		124,815
	1,972		Merchants Bancshares, Inc		57,306
	7,948	*	Meridian Bancorp, Inc		86,310
	2,375		Meta Financial Group, Inc		87,400
	134,949	*	MGIC Investment Corp		997,273
	3,121		Midsouth Bancorp, Inc		60,859
	2,881		MidWestOne Financial Group, Inc		67,703
	1,196	e	NASB Financial, Inc		26,910
	16,489		National Bank Holdings Corp		326,647
	2,810		National Bankshares, Inc		81,855
	47,673		National Penn Bancshares, Inc		491,032
	8,294	*,e	Nationstar Mortgage Holdings, Inc		253,050
	17,248		NBT Bancorp, Inc		403,086
	176,186	e	New York Community Bancorp, Inc		2,797,834
	13,260	*	NewBridge Bancorp		99,317
	20,415	*,e	NMI Holdings, Inc		203,946
	27,828		Northfield Bancorp, Inc		355,085
	2,785		Northrim BanCorp, Inc		68,233
	37,412		Northwest Bancshares, Inc		463,909
	5,353		OceanFirst Financial Corp		85,166
	42,257	*	Ocwen Financial Corp		1,274,894

110

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	17,355		OFG Bancorp	$	276,986
	3,089		Old Line Bancshares, Inc		43,277
	41,894		Old National Bancorp		560,542
	4,226		OmniAmerican Bancorp, Inc		104,424
	1,536	*	Opus Bank		45,619
	18,115		Oritani Financial Corp		268,102
	6,850		Pacific Continental Corp		92,064
	6,816	*	Pacific Premier Bancorp, Inc		97,469
	40,597		PacWest Bancorp		1,691,677
	1,937	*,e	Palmetto Bancshares, Inc		25,568
	5,514	e	Park National Corp		415,425
	16,587		Park Sterling Bank		113,787
	4,691		Peapack Gladstone Financial Corp		86,784
	1,915		Penns Woods Bancorp, Inc		82,173
	5,701	*	Pennsylvania Commerce Bancorp, Inc		130,838
	5,122	*	PennyMac Financial Services, Inc		77,496
	4,317		Peoples Bancorp, Inc		100,716
	3,001	e	Peoples Financial Services Corp		140,387
	123,487	e	People’s United Financial, Inc		1,793,031
	14,040		Pinnacle Financial Partners, Inc		519,480
	212,533		PNC Financial Services Group, Inc		17,546,724
	39,909	*	Popular, Inc		1,273,097
	4,781	*	Preferred Bank		106,090
	28,438		PrivateBancorp, Inc		819,014
	27,570		Prosperity Bancshares, Inc		1,602,644
	22,929		Provident Financial Services, Inc		383,144
	76,247		Radian Group, Inc		965,287
	550,486		Regions Financial Corp		5,581,928
	12,480		Renasant Corp		354,432
	4,212		Republic Bancorp, Inc (Class A)		97,971
	13,106	*,e	Republic First Bancorp, Inc		57,666
	11,689		S&T Bancorp, Inc		284,393
	9,942		Sandy Spring Bancorp, Inc		232,742
	7,351	*	Seacoast Banking Corp of Florida		76,083
	642		ServisFirst Bancshares, Inc		18,098
	5,108		Sierra Bancorp		80,706
	19,054	*	Signature Bank		2,179,587
	6,570		Simmons First National Corp (Class A)		260,369
	9,814		South State Corp		570,292
	7,090	e	Southside Bancshares, Inc		207,808
	7,722		Southwest Bancorp, Inc		119,073
	2,184	*	Square Financial, Inc		41,627
	11,877		State Bank & Trust Co		196,089
	33,325		Sterling Bancorp/DE		396,568
	5,933		Stock Yards Bancorp, Inc		173,659
	3,414	e	Stonegate Bank		81,321
	5,417	*,e	Stonegate Mortgage Corp		69,717
	4,609	*	Suffolk Bancorp		93,332
	17,563	*	Sun Bancorp, Inc		66,037
	210,798		SunTrust Banks, Inc		8,020,864
	74,408		Susquehanna Bancshares, Inc		757,473
	20,112	*	SVB Financial Group		2,192,610

111

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	55,288		Synovus Financial Corp	$	1,302,032
	6,978	*	Talmer Bancorp Inc		93,435
	6,490	*	Taylor Capital Group, Inc		138,367
	64,421		TCF Financial Corp		1,018,496
	3,666		Territorial Bancorp, Inc		73,687
	17,069	*	Texas Capital Bancshares, Inc		888,441
	30,360	*	TFS Financial Corp		409,253
	12,064	*	The Bancorp, Inc		114,608
	5,756		Tompkins Trustco, Inc		256,027
	11,754	e	TowneBank		173,724
	3,655		Tree.com, Inc		93,276
	6,311	e	Trico Bancshares		141,177
	8,498	*	Tristate Capital Holdings, Inc		83,195
	37,033		Trustco Bank Corp NY		244,047
	28,543		Trustmark Corp		657,345
	15,425		UMB Financial Corp		873,518
	66,392		Umpqua Holdings Corp		1,123,353
	18,425		Union Bankshares Corp		439,989
	27,752	e	United Bankshares, Inc		890,284
	20,030		United Community Banks, Inc		331,497
	19,365		United Community Financial Corp		83,270
	19,970		United Financial Bancorp, Inc (New)		253,220
	6,493		Univest Corp of Pennsylvania		122,848
	683,401		US Bancorp		28,723,344
	79,696	e	Valley National Bancorp		763,488
	15,780		ViewPoint Financial Group		396,709
	7,203	*	Walker & Dunlop, Inc		98,321
	40,232		Washington Federal, Inc		843,263
	5,936		Washington Trust Bancorp, Inc		204,198
	13,586		Waterstone Financial, Inc		149,854
	34,708		Webster Financial Corp		995,078
	1,900,205		Wells Fargo & Co		96,720,435
	10,401		WesBanco, Inc		310,782
	6,091		West Bancorporation, Inc		88,685
	11,940	e	Westamerica Bancorporation		570,971
	30,115	*	Western Alliance Bancorp		689,634
	27,707		Wilshire Bancorp, Inc		261,000
	18,363		Wintrust Financial Corp		850,758
	3,599		WSFS Financial Corp		257,652
	7,746	*	Yadkin Financial Corp		143,766
	73,064		Zions Bancorporation		2,105,704
			TOTAL BANKS		502,993,262
CAPITAL GOODS - 7.9%
	260,300		3M Co		36,673,667
	29,870		A.O. Smith Corp		1,394,929
	16,788		Aaon, Inc		329,381
	14,774		AAR Corp		397,421
	18,679	*	Accuride Corp		93,395
	11,368		Aceto Corp		190,528
	28,226		Actuant Corp (Class A)		911,135
	16,976		Acuity Brands, Inc		1,821,016

112

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	39,379	*	Aecom Technology Corp	$	1,336,917
	15,083	*	Aegion Corp		345,552
	7,674	*	Aerovironment, Inc		241,654
	37,419		AGCO Corp		1,822,680
	39,807		Air Lease Corp		1,371,351
	25,644		Aircastle Ltd		460,310
	2,787		Alamo Group, Inc		132,466
	10,881		Albany International Corp (Class A)		389,975
	37,976		Allegion plc		1,953,106
	12,701		Alliant Techsystems, Inc		1,650,241
	53,691		Allison Transmission Holdings, Inc		1,572,072
	10,776		Altra Holdings, Inc		337,828
	7,666	*	Ameresco, Inc		57,648
	3,814	e	American Railcar Industries, Inc		260,954
	3,837		American Science & Engineering, Inc		240,964
	4,635	*	American Woodmark Corp		136,269
	96,533		Ametek, Inc		4,700,192
	11,519		Apogee Enterprises, Inc		373,792
	16,844		Applied Industrial Technologies, Inc		816,260
	986	*,e	ARC Group Worldwide, Inc		14,662
	4,920		Argan, Inc		166,788
	16,994	*	Armstrong World Industries, Inc		827,268
	38,801	*	ArvinMeritor, Inc		487,729
	7,525		Astec Industries, Inc		292,497
	7,720	*	Astronics Corp		447,760
	9,722		AZZ, Inc		424,268
	43,964		Babcock & Wilcox Co		1,364,643
	19,950		Barnes Group, Inc		683,288
	41,742	*	BE Aerospace, Inc		3,553,914
	19,308	*	Beacon Roofing Supply, Inc		533,673
	19,690	*	Blount International, Inc		257,151
	290,539		Boeing Co		35,004,139
	17,803	e	Briggs & Stratton Corp		326,329
	18,279	*	Builders FirstSource, Inc		108,577
	6,887	*	CAI International, Inc		131,473
	154,005	*,e	Capstone Turbine Corp		214,067
	25,615		Carlisle Cos, Inc		2,049,712
	248,400		Caterpillar, Inc		25,026,300
	12,107	*	Chart Industries, Inc		920,737
	39,216		Chicago Bridge & Iron Co NV		2,326,293
	6,858		CIRCOR International, Inc		492,884
	19,791		Clarcor, Inc		1,173,804
	37,975	*	Colfax Corp		2,391,286
	7,576		Columbus McKinnon Corp		176,142
	14,302		Comfort Systems USA, Inc		213,100
	11,607	*	Commercial Vehicle Group, Inc		106,320
	5,840	*	Continental Building Products Inc		77,030
	18,711		Crane Co		1,283,762
	8,646		Cubic Corp		379,214
	73,142		Cummins, Inc		10,195,263
	18,943		Curtiss-Wright Corp		1,203,070
	239,332		Danaher Corp		17,681,848

113

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	144,785		Deere & Co	$	12,322,651
	29,960	*	DigitalGlobe, Inc		783,454
	57,693		Donaldson Co, Inc		2,237,911
	8,590		Douglas Dynamics, Inc		143,453
	66,262		Dover Corp		5,682,629
	4,457	*	Ducommun, Inc		123,236
	5,115	*	DXP Enterprises, Inc		363,318
	12,599	*	Dycom Industries, Inc		354,284
	6,057		Dynamic Materials Corp		124,047
	186,894		Eaton Corp		12,693,840
	26,817		EMCOR Group, Inc		1,097,620
	279,216		Emerson Electric Co		17,772,098
	8,337		Encore Wire Corp		349,654
	17,096	*,e	Energy Recovery, Inc		76,590
	18,470		EnerSys		1,171,552
	6,890	*	Engility Holdings, Inc		238,118
	7,225	*,e	Enphase Energy, Inc		74,418
	9,371	*	EnPro Industries, Inc		641,164
	2,200	*,e	Erickson Air-Crane, Inc		32,186
	10,586		ESCO Technologies, Inc		355,160
	12,425	*	Esterline Technologies Corp		1,348,734
	78,015		Exelis, Inc		1,313,773
	118,021	e	Fastenal Co		5,234,231
	23,562		Federal Signal Corp		340,707
	54,692		Flowserve Corp		4,049,396
	63,306		Fluor Corp		4,613,108
	65,968		Fortune Brands Home & Security, Inc		2,492,931
	38,874		Foster Wheeler AG.		1,281,287
	19,035		Franklin Electric Co, Inc		697,633
	4,838		Freightcar America, Inc		104,404
	89,209	*,e	FuelCell Energy, Inc		221,238
	16,219	*	Furmanite Corp		148,404
	18,353		GATX Corp		1,137,886
	23,952	*,e	GenCorp, Inc		425,148
	26,763	e	Generac Holdings, Inc		1,161,514
	22,518		General Cable Corp		500,575
	120,196		General Dynamics Corp		14,035,287
	3,990,075		General Electric Co		100,350,386
	3,009	*,e	General Finance Corp		26,810
	12,065	*	Gibraltar Industries, Inc		177,235
	7,887		Global Brass & Copper Holdings, Inc		119,725
	6,758		Global Power Equipment Group, Inc		111,304
	7,411		Gorman-Rupp Co		214,771
	24,145		Graco, Inc		1,790,352
	46,871	*,e	GrafTech International Ltd		393,716
	4,428		Graham Corp		133,548
	15,221		Granite Construction, Inc		495,444
	23,276		Great Lakes Dredge & Dock Corp		168,053
	11,047	e	Greenbrier Cos, Inc		711,979
	17,223		Griffon Corp		185,492
	12,157		H&E Equipment Services, Inc		439,840
	32,060		Harsco Corp		810,156

114

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	42,255	*	HD Supply Holdings, Inc	$	1,074,122
	26,414		Heico Corp		1,298,512
	40,313	*	Hexcel Corp		1,501,659
	23,350		Hillenbrand, Inc		701,668
	311,608		Honeywell International, Inc		28,614,963
	7,143		Houston Wire & Cable Co		85,787
	23,552		Hubbell, Inc (Class B)		2,754,171
	19,352		Huntington Ingalls		1,759,484
	2,730		Hurco Cos, Inc		87,660
	4,045		Hyster-Yale Materials Handling, Inc		324,005
	32,033		IDEX Corp		2,428,742
	20,932	*	II-VI, Inc		287,187
	135,880		Illinois Tool Works, Inc		11,192,436
	107,619		Ingersoll-Rand plc		6,326,921
	7,047		Insteel Industries, Inc		129,312
	36,415		ITT Corp		1,673,998
	52,136	*	Jacobs Engineering Group, Inc		2,649,030
	11,643		John Bean Technologies Corp		303,300
	39,844	e	Joy Global, Inc		2,361,155
	4,553		Kadant, Inc		173,651
	10,788		Kaman Corp		431,628
	57,613		KBR, Inc		1,190,285
	30,835		Kennametal, Inc		1,303,704
	14,738	*,e	KEYW Holding Corp		193,068
	18,068	*	Kratos Defense & Security Solutions, Inc		131,896
	34,283		L-3 Communications Holdings, Inc		3,598,344
	8,028	*,e	Layne Christensen Co		87,104
	4,086		LB Foster Co (Class A)		190,612
	19,558		Lennox International, Inc		1,668,689
	32,107		Lincoln Electric Holdings, Inc		2,133,189
	5,108	e	Lindsay Manufacturing Co		413,493
	4,505	*,e	LMI Aerospace, Inc		58,970
	106,104		Lockheed Martin Corp		17,716,185
	8,117		LSI Industries, Inc		57,955
	7,012	*	Lydall, Inc		176,913
	4,394	*	Manitex International, Inc		60,725
	55,014		Manitowoc Co, Inc		1,461,172
	142,037		Masco Corp		2,954,370
	11,119	*,e	Masonite International Corp		544,942
	24,509	*,e	Mastec, Inc		666,400
	22,752	*	Middleby Corp		1,657,711
	5,071		Miller Industries, Inc		97,312
	17,441	*	Moog, Inc (Class A)		1,151,455
	39,430	*	MRC Global, Inc		1,057,907
	19,094		MSC Industrial Direct Co (Class A)		1,628,527
	22,475		Mueller Industries, Inc		625,479
	62,679		Mueller Water Products, Inc (Class A)		485,762
	8,496	*	MYR Group, Inc		210,786
	1,821	e	National Presto Industries, Inc		116,726
	21,878	*,e	Navistar International Corp		769,449
	11,215	*	NCI Building Systems, Inc		187,963
	6,966		NN, Inc		202,014

115

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	5,130	*	Norcraft Cos, Inc	$	72,333
	25,670		Nordson Corp		1,929,614
	3,666	*	Nortek, Inc		292,437
	85,208		Northrop Grumman Corp		10,503,590
	3,916	*	Northwest Pipe Co		140,389
	42,330	*,e	NOW, Inc		1,362,603
	1,327		Omega Flex, Inc		22,479
	24,035	*	Orbital Sciences Corp		616,978
	11,009	*	Orion Marine Group, Inc		119,007
	34,026		Oshkosh Truck Corp		1,572,682
	46,798		Owens Corning, Inc		1,593,472
	141,231		Paccar, Inc		8,794,454
	43,677		Pall Corp		3,383,657
	59,325		Parker Hannifin Corp		6,819,409
	3,044	*	Patrick Industries, Inc		126,783
	76,988		Pentair plc		4,932,621
	14,306	*	Perini Corp		389,552
	19,110	*	Pgt, Inc		176,959
	11,064		Pike Electric Corp		89,176
	66,163	*,e	Plug Power, Inc		358,603
	8,539	*,e	Ply Gem Holdings, Inc		71,130
	17,985	*,e	Polypore International, Inc		775,154
	3,751		Powell Industries, Inc		219,096
	1,741	*,e	Power Solutions International, Inc		106,340
	8,781	*,e	PowerSecure International, Inc		86,317
	57,650		Precision Castparts Corp		13,190,320
	1,112		Preformed Line Products Co		60,259
	14,897		Primoris Services Corp		355,740
	9,038	*,e	Proto Labs, Inc		732,078
	13,625		Quanex Building Products Corp		232,851
	83,835	*	Quanta Services, Inc		2,807,634
	14,555		Raven Industries, Inc		405,648
	124,867		Raytheon Co		11,334,178
	9,776		RBC Bearings, Inc		542,372
	17,932		Regal-Beloit Corp		1,260,440
	28,397	*,e	Revolution Lighting Technologies, Inc		60,202
	29,102	*	Rexnord Corp		783,135
	54,850		Rockwell Automation, Inc		6,124,551
	54,175		Rockwell Collins, Inc		3,969,402
	39,691		Roper Industries, Inc		5,718,282
	13,593	*	Rush Enterprises, Inc (Class A)		478,881
	982		SIFCO Industries, Inc		27,486
	16,416		Simpson Manufacturing Co, Inc		499,211
	23,167		Snap-On, Inc		2,784,673
	16,908	*,e	SolarCity Corp		1,209,429
	5,902	*	Sparton Corp		163,131
	48,810	*	Spirit Aerosystems Holdings, Inc (Class A)		1,589,742
	17,452		SPX Corp		1,730,017
	5,020		Standex International Corp		331,069
	62,075		Stanley Works		5,428,459
	7,275	*	Sterling Construction Co, Inc		64,529
	5,645	*	Stock Building Supply Holdings, Inc		83,320

116

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	8,915		Sun Hydraulics Corp	$	325,219
	12,916	e	TAL International Group, Inc		570,887
	21,254	*	Taser International, Inc		256,323
	15,081	*	Teledyne Technologies, Inc		1,375,387
	7,305		Tennant Co		532,900
	44,388		Terex Corp		1,531,830
	8,149	e	Textainer Group Holdings Ltd		298,009
	110,798		Textron, Inc		4,029,723
	3,888	*,e	The ExOne Company		127,176
	12,827	*	Thermon Group Holdings		312,722
	32,498		Timken Co		1,439,661
	18,588	e	Titan International, Inc		277,333
	6,762	*,e	Titan Machinery, Inc		99,131
	22,435		Toro Co		1,331,069
	21,082		TransDigm Group, Inc		3,540,089
	15,234	*,e	Trex Co, Inc		428,837
	18,016	*	Trimas Corp		570,747
	61,622		Trinity Industries, Inc		2,689,184
	20,694		Triumph Group, Inc		1,310,965
	3,684		Twin Disc, Inc		106,247
	38,431	*	United Rentals, Inc		4,069,843
	364,749		United Technologies Corp		38,353,357
	7,981		Universal Forest Products, Inc		349,408
	27,448		URS Corp		1,571,947
	37,173	*	USG Corp		983,226
	10,654	e	Valmont Industries, Inc		1,551,542
	3,293	*,e	Veritiv Corp		131,457
	6,360	*	Vicor Corp		50,117
	23,349		W.W. Grainger, Inc		5,490,517
	27,689	*	Wabash National Corp		376,847
	22,514	*	WABCO Holdings, Inc		2,194,665
	10,238		Watsco, Inc		917,018
	11,307		Watts Water Technologies, Inc (Class A)		661,007
	17,226	*,e	WESCO International, Inc		1,352,069
	38,418		Westinghouse Air Brake Technologies Corp		3,099,564
	26,362		Woodward Governor Co		1,317,046
	4,252	*	Xerium Technologies, Inc		55,276
	73,203		Xylem, Inc		2,583,334
			TOTAL CAPITAL GOODS		674,161,195
COMMERCIAL & PROFESSIONAL SERVICES - 1.1%
	22,665		ABM Industries, Inc		557,786
	20,178	e	Acacia Research (Acacia Technologies)		344,237
	45,827	*	ACCO Brands Corp		303,375
	8,969		Administaff, Inc		286,201
	69,411	e	ADT Corp		2,415,503
	14,523	*	Advisory Board Co		728,183
	8,552		American Ecology Corp		387,064
	17,200	*	ARC Document Solutions, Inc		93,740
	2,966		Barrett Business Services, Inc		169,299
	19,063		Brady Corp (Class A)		498,497
	19,416		Brink’s Co		521,125

117

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	14,744	*	Casella Waste Systems, Inc (Class A)	$	69,592
	14,475	*	CBIZ, Inc		118,116
	5,378		CDI Corp		74,593
	9,740	e	Ceco Environmental Corp		132,269
	19,758	*,e	Cenveo, Inc		66,584
	40,261		Cintas Corp		2,520,339
	37,414	*	Civeo Corp		950,316
	24,625	*	Clean Harbors, Inc		1,419,139
	45,002	*	Copart, Inc		1,502,167
	13,462		Corporate Executive Board Co		835,586
	4,990	*,e	Corporate Resource Services, Inc		9,880
	47,103		Corrections Corp of America		1,517,659
	43,077		Covanta Holding Corp		879,632
	4,164	*	CRA International, Inc		99,436
	19,870		Deluxe Corp		1,093,049
	14,717		Dun & Bradstreet Corp		1,619,311
	10,065		Ennis, Inc		142,722
	48,552		Equifax, Inc		3,694,322
	5,153		Exponent, Inc		366,275
	4,553	*	Franklin Covey Co		85,870
	16,226	*	FTI Consulting, Inc		599,713
	7,814		G & K Services, Inc (Class A)		375,775
	5,783	*	GP Strategies Corp		157,355
	28,782		Healthcare Services Group		752,361
	7,483		Heidrick & Struggles International, Inc		139,708
	3,404	*	Heritage-Crystal Clean, Inc		57,732
	23,513		Herman Miller, Inc		687,520
	17,907		HNI Corp		632,833
	9,425	*	Huron Consulting Group, Inc		569,647
	7,835	*	ICF International, Inc		270,856
	50,177	*	ICO Global Communications Holdings Ltd		73,760
	27,076	*	IHS, Inc (Class A)		3,556,974
	14,361	*	Innerworkings, Inc		117,042
	25,594		Interface, Inc		405,665
	68,052		Iron Mountain, Inc		2,280,422
	55,363		KAR Auction Services, Inc		1,622,690
	10,763		Kelly Services, Inc (Class A)		171,562
	10,767		Kforce, Inc		214,156
	13,713		Kimball International, Inc (Class B)		216,254
	18,644		Knoll, Inc		313,406
	19,933	*	Korn/Ferry International		586,429
	31,632		Manpower, Inc		2,463,816
	10,372		McGrath RentCorp		358,353
	6,545	*	Mistras Group, Inc		138,230
	18,581		Mobile Mini, Inc		701,619
	10,756		MSA Safety, Inc		556,946
	5,048		Multi-Color Corp		198,740
	19,412	*	Navigant Consulting, Inc		316,804
	111,542		Nielsen Holdings NV		5,143,202
	3,010		NL Industries, Inc		26,187
	21,397	*	On Assignment, Inc		577,933
	3,209	*,e	Paylocity Holding Corp		62,864

118

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	11,609	*	Performant Financial Corp	$	111,330
	82,637		Pitney Bowes, Inc		2,236,157
	9,506		Quad		200,767
	4,529	*,e	Quest Resource Holding Corp		18,931
	79,273		R.R. Donnelley & Sons Co		1,376,179
	105,577		Republic Services, Inc		4,004,536
	15,702		Resources Connection, Inc		237,100
	54,984		Robert Half International, Inc		2,674,972
	25,194		Rollins, Inc		713,242
	20,697	*	RPX Corp		322,873
	5,881	*	SP Plus Corp		115,268
	32,910		Steelcase, Inc (Class A)		496,941
	33,670	*	Stericycle, Inc		3,961,275
	7,886	*	Team, Inc		312,364
	25,530		Tetra Tech, Inc		619,868
	25,789		Towers Watson & Co		2,630,994
	5,856	*	TriNet Group, Inc		137,030
	16,456	*	TrueBlue, Inc		444,147
	183,471		Tyco International Ltd		7,916,774
	5,936		Unifirst Corp		577,039
	15,568		United Stationers, Inc		600,613
	66,247	*	Verisk Analytics, Inc		3,977,470
	8,044		Viad Corp		170,694
	1,597		VSE Corp		95,133
	13,877	*	WageWorks, Inc		579,226
	49,376		Waste Connections, Inc		2,337,460
	185,150		Waste Management, Inc		8,311,383
	15,270		West Corp		393,508
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		93,421,695
CONSUMER DURABLES & APPAREL - 1.5%
	5,230		Arctic Cat, Inc		186,188
	14,583	*,e	Beazer Homes USA, Inc		223,849
	9,316	*,e	Black Diamond, Inc		81,794
	36,017		Brunswick Corp		1,452,566
	33,944		Callaway Golf Co		257,974
	20,940		Carter’s, Inc		1,603,166
	3,477	*	Cavco Industries, Inc		248,223
	109,107		Coach, Inc		3,770,738
	5,678		Columbia Sportswear Co		424,487
	38,595	*	CROCS, Inc		612,503
	3,648		CSS Industries, Inc		90,069
	3,421		Culp, Inc		61,988
	13,774	*,e	Deckers Outdoor Corp		1,219,137
	5,379	*	Dixie Group, Inc		45,130
	112,246		DR Horton, Inc		2,323,492
	2,210		Escalade, Inc		35,139
	10,201	e	Ethan Allen Interiors, Inc		233,807
	1,619		Flexsteel Industries, Inc		48,991
	18,580	*	Fossil Group, Inc		1,820,840
	51,977	*,e	Garmin Ltd		2,860,814
	7,131	*	G-III Apparel Group Ltd		553,865

119

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	39,424		Hanesbrands, Inc	$	3,852,119
	27,087		Harman International Industries, Inc		2,940,294
	45,753		Hasbro, Inc		2,285,820
	11,395	*	Helen of Troy Ltd		611,114
	59,283	*,e	Hovnanian Enterprises, Inc (Class A)		237,132
	18,238	*	Iconix Brand Group, Inc		770,191
	3,619	*	Installed Building Products Inc		40,098
	12,744	*,e	iRobot Corp		412,523
	6,899	*,e	Jakks Pacific, Inc		43,050
	50,532	*	Jarden Corp		2,824,739
	1,650		Johnson Outdoors, Inc		38,049
	51,100	*	Kate Spade & Co		1,933,113
	35,932	e	KB Home		585,692
	22,054		La-Z-Boy, Inc		464,016
	26,386	*,e	Leapfrog Enterprises, Inc		190,507
	55,212		Leggett & Platt, Inc		1,810,954
	69,260		Lennar Corp (Class A)		2,509,290
	5,530	*	LGI Homes, Inc		100,591
	11,112	*	Libbey, Inc		289,356
	3,046		Lifetime Brands, Inc		51,782
	9,586	*	M/I Homes, Inc		197,280
	4,990	*	Malibu Boats Inc		96,057
	3,595		Marine Products Corp		30,522
	134,892		Mattel, Inc		4,778,549
	13,843	e	MDC Holdings, Inc		373,346
	15,476	*	Meritage Homes Corp		592,731
	81,252	*	Michael Kors Holdings Ltd		6,620,413
	24,335	*	Mohawk Industries, Inc		3,036,278
	6,272		Movado Group, Inc		256,713
	1,709		Nacco Industries, Inc (Class A)		81,502
	12,058	*	Nautilus, Inc		120,098
	3,416	*	New Home Co Inc		44,442
	110,079		Newell Rubbermaid, Inc		3,575,366
	278,693		Nike, Inc (Class B)		21,495,591
	1,763	*	NVR, Inc		1,985,949
	5,764		Oxford Industries, Inc		343,361
	5,118		Perry Ellis International, Inc		94,171
	32,767		Phillips-Van Heusen Corp		3,610,268
	25,198		Polaris Industries, Inc		3,717,713
	17,908		Pool Corp		980,642
	151,015		Pulte Homes, Inc		2,665,415
	54,783	*	Quiksilver, Inc		163,801
	23,501		Ralph Lauren Corp		3,662,866
	3,796		RG Barry Corp		71,706
	18,616		Ryland Group, Inc		597,574
	6,662	*,e	Sequential Brands Group, Inc		80,144
	15,265	*	Skechers U.S.A., Inc (Class A)		796,375
	17,562	*	Skullcandy, Inc		118,719
	22,075	*,e	Smith & Wesson Holding Corp		272,626
	66,176	*	Standard-Pacific Corp		498,967
	23,069	*	Steven Madden Ltd		734,748
	7,676	e	Sturm Ruger & Co, Inc		383,493

120

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	15,358	*	Taylor Morrison Home Corp	$	273,065
	24,227	*	Tempur-Pedic International, Inc		1,325,459
	70,742	*	Toll Brothers, Inc		2,312,556
	50,857	*	TRI Pointe Homes, Inc		687,078
	20,015	*	Tumi Holdings, Inc		421,916
	20,065		Tupperware Corp		1,460,331
	2,656	*,e	Turtle Beach Corp		21,487
	4,000	*	UCP, Inc (Class A)		49,880
	68,816	*,e	Under Armour, Inc (Class A)		4,593,468
	5,888	*	Unifi, Inc		168,632
	6,130	*	Universal Electronics, Inc		291,972
	8,387	*,e	Vera Bradley, Inc		166,314
	137,728		VF Corp		8,438,595
	4,400	*	Vince Holding Corp		148,676
	4,466	*	WCI Communities, Inc		76,771
	2,514		Weyco Group, Inc		65,263
	30,944		Whirlpool Corp		4,413,852
	6,983	*	William Lyon Homes, Inc		171,921
	40,429	e	Wolverine World Wide, Inc		980,808
			TOTAL CONSUMER DURABLES & APPAREL		128,290,660
CONSUMER SERVICES - 2.1%
	4,093	*,e	2U, Inc		57,548
	6,940	*	American Public Education, Inc		247,758
	38,387	*	Apollo Group, Inc (Class A)		1,072,149
	16,000		ARAMARK Holdings Corp		431,360
	5,410	*	Ascent Media Corp (Series A)		335,312
	15,628	*,e	Bally Technologies, Inc		940,337
	9,164	*	BJ’s Restaurants, Inc		314,050
	29,563	*	Bloomin’ Brands, Inc		579,139
	9,783	e	Bob Evans Farms, Inc		464,790
	30,542	*	Boyd Gaming Corp		335,962
	7,860	*	Bravo Brio Restaurant Group, Inc		117,114
	6,509	*	Bridgepoint Education, Inc		78,173
	12,149	*	Bright Horizons Family Solutions		505,034
	26,732		Brinker International, Inc		1,198,663
	7,519	*	Buffalo Wild Wings, Inc		1,092,661
	39,778		Burger King Worldwide, Inc		1,049,344
	17,857	*,e	Caesars Acquisition Co		205,356
	20,783	*,e	Caesars Entertainment Corp		332,528
	4,576		Capella Education Co		292,681
	25,023	*	Career Education Corp		127,868
	168,789		Carnival Corp		6,113,538
	6,526		Carriage Services, Inc		105,264
	12,543	*	Carrols Restaurant Group, Inc		94,198
	7,578		CBRL Group, Inc		734,763
	19,861		Cheesecake Factory		851,640
	28,796	*,e	Chegg, Inc		185,158
	12,373	*	Chipotle Mexican Grill, Inc (Class A)		8,320,843
	13,880		Choice Hotels International, Inc		650,833
	5,359		Churchill Downs, Inc		463,554
	6,557	*	Chuy’s Holdings, Inc		187,858

121

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	8,860		ClubCorp Holdings, Inc	$	149,823
	2,954	e	Collectors Universe		59,139
	50,893		Darden Restaurants, Inc		2,379,248
	8,591	*	Del Frisco’s Restaurant Group, Inc		183,160
	34,973	*	Denny’s Corp		239,565
	25,263		DeVry, Inc		1,009,762
	14,105	*	Diamond Resorts International, Inc		352,061
	6,308		DineEquity, Inc		511,263
	23,246		Domino’s Pizza, Inc		1,673,712
	40,819		Dunkin Brands Group, Inc		1,749,502
	9,420	*,e	Education Management Corp		12,152
	3,385		Einstein Noah Restaurant Group, Inc		51,215
	2,663	*,e	Empire Resorts, Inc		12,862
	1,724	*,e	Famous Dave’s of America, Inc		42,979
	10,752	*	Fiesta Restaurant Group, Inc		487,926
	1,765		Graham Holdings Co		1,210,349
	18,644	*	Grand Canyon Education, Inc		801,692
	109,371		H&R Block, Inc		3,514,090
	53,821	*	Hilton Worldwide Holdings, Inc		1,303,006
	43,519	*,e	Houghton Mifflin Harcourt Co		762,018
	16,733	*	Hyatt Hotels Corp		984,402
	2,975	*,e	Ignite Restaurant Group, Inc		38,229
	102,359		International Game Technology		1,732,938
	11,010		International Speedway Corp (Class A)		333,823
	14,936		Interval Leisure Group, Inc		316,345
	7,420	*	Intrawest Resorts Holdings Inc		83,623
	9,057	*	Isle of Capri Casinos, Inc		71,641
	9,471	*,e	ITT Educational Services, Inc		134,772
	15,909		Jack in the Box, Inc		909,836
	6,376	*	Jamba, Inc		76,002
	13,687	*	K12, Inc		319,044
	25,885	*	Krispy Kreme Doughnuts, Inc		396,299
	17,755	*	La Quinta Holdings, Inc		333,616
	150,255		Las Vegas Sands Corp		11,096,332
	1,654	*	Liberty Tax, Inc		58,072
	16,324	*,e	Life Time Fitness, Inc		642,349
	31,775	*,e	LifeLock, Inc		441,037
	8,153		Marcus Corp		144,064
	89,130		Marriott International, Inc (Class A)		5,767,602
	11,656	*	Marriott Vacations Worldwide Corp		670,803
	11,535		Matthews International Corp (Class A)		501,664
	393,238		McDonald’s Corp		37,184,585
	148,113	*	MGM Mirage		3,975,353
	4,064	*	Monarch Casino & Resort, Inc		50,719
	11,090	*	Morgans Hotel Group Co		82,621
	10,353	*	Multimedia Games, Inc		249,714
	1,269	*	Nathan’s Famous, Inc		63,082
	4,250	*,e	Noodles & Co		119,425
	34,774	*	Norwegian Cruise Line Holdings Ltd		1,139,892
	38,143	*	Orient-Express Hotels Ltd		472,973
	10,722	*	Panera Bread Co (Class A)		1,579,351
	12,134		Papa John’s International, Inc		505,866

122

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	1,899	*	Papa Murphy’s Holdings, Inc	$	15,648
	31,601	*	Penn National Gaming, Inc		331,178
	23,565	*	Pinnacle Entertainment, Inc		513,717
	9,018	*	Popeyes Louisiana Kitchen, Inc		363,425
	6,084	*,e	Potbelly Corp		70,514
	5,643	*	Red Robin Gourmet Burgers, Inc		363,183
	17,984		Regis Corp		250,517
	65,395		Royal Caribbean Cruises Ltd		3,900,812
	23,208	*	Ruby Tuesday, Inc		139,480
	14,638		Ruth’s Chris Steak House, Inc		166,141
	20,062	*	Scientific Games Corp (Class A)		171,329
	26,965		SeaWorld Entertainment, Inc		750,975
	84,904		Service Corp International		1,782,984
	28,643		Six Flags Entertainment Corp		1,094,735
	21,460	*	Sonic Corp		443,149
	24,308		Sotheby’s (Class A)		963,812
	3,564		Speedway Motorsports, Inc		62,156
	299,348		Starbucks Corp		23,253,353
	76,759		Starwood Hotels & Resorts Worldwide, Inc		5,898,162
	540	*	Steak N Shake Co		229,505
	5,765	*	Steiner Leisure Ltd		230,081
	4,283	*	Strayer Education, Inc		221,945
	26,865		Texas Roadhouse, Inc (Class A)		668,401
	10,044		Universal Technical Institute, Inc		120,227
	13,713		Vail Resorts, Inc		1,035,332
	11,058	e	Weight Watchers International, Inc		239,848
	109,382		Wendy’s		891,463
	51,316		Wyndham Worldwide Corp		3,876,924
	32,259		Wynn Resorts Ltd		6,877,619
	175,573		Yum! Brands, Inc		12,184,766
	2,397	*,e	Zoe’s Kitchen, Inc		69,537
			TOTAL CONSUMER SERVICES		181,647,992
DIVERSIFIED FINANCIALS - 3.7%
	22,015	*	Affiliated Managers Group, Inc		4,386,489
	107,509	*,e	Ally Financial, Inc		2,468,407
	360,908		American Express Co		31,759,904
	75,550		Ameriprise Financial, Inc		9,035,780
	10,953		Artisan Partners Asset Management, Inc		570,651
	453,776		Bank of New York Mellon Corp		17,715,415
	69,107		BGC Partners, Inc (Class A)		541,108
	50,735		BlackRock, Inc		15,460,477
	6,593		Calamos Asset Management, Inc (Class A)		78,193
	227,446		Capital One Financial Corp		18,091,055
	11,259		Cash America International, Inc		499,787
	34,656		CBOE Holdings, Inc		1,679,776
	445,251		Charles Schwab Corp		12,355,715
	126,870		CME Group, Inc		9,380,768
	8,667	e	Cohen & Steers, Inc		359,767
	7,999	*	Consumer Portfolio Services, Inc		58,073
	12,438		CorEnergy Infrastructure Trust, Inc		99,131
	46,375	*	Cowen Group, Inc		185,500

123

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	2,850	*	Credit Acceptance Corp	$	324,116
	1,901	e	Deerfield Capital Corp		16,235
	1,157		Diamond Hill Investment Group, Inc		147,841
	185,475		Discover Financial Services		11,325,103
	114,917	*	E*Trade Financial Corp		2,415,555
	48,078		Eaton Vance Corp		1,688,980
	10,156	*,e	Encore Capital Group, Inc		431,427
	13,092		Evercore Partners, Inc (Class A)		714,300
	20,397	*	Ezcorp, Inc (Class A)		199,687
	3,862	*	FBR & Co		107,982
	37,360	e	Federated Investors, Inc (Class B)		1,054,299
	20,516	e	Financial Engines, Inc		799,098
	11,533	*	First Cash Financial Services, Inc		650,577
	36,692	*	FNFV Group		600,281
	157,914		Franklin Resources, Inc		8,551,043
	7,489	e	Friedman Billings Ramsey Group, Inc (Class A)		195,313
	17,828	e	FXCM, Inc		242,817
	9,623	e	Gain Capital Holdings, Inc		61,202
	2,529		GAMCO Investors, Inc (Class A)		193,797
	29,194		GFI Group, Inc		132,249
	177,903		Goldman Sachs Group, Inc		30,754,092
	12,168	*	Green Dot Corp		218,902
	11,735	e	Greenhill & Co, Inc		537,111
	13,088		HFF, Inc (Class A)		444,468
	19,105		Interactive Brokers Group, Inc (Class A)		439,702
	45,801		IntercontinentalExchange Group, Inc		8,803,868
	6,188	*	International Assets Holding Corp		121,285
	16,360	*	Internet Capital Group, Inc		276,811
	172,158		Invesco Ltd		6,478,306
	14,488	*	Investment Technology Group, Inc		264,986
	6,001	e	iShares Russell 2000 Index Fund		666,651
	61,863	e	Janus Capital Group, Inc		704,620
	4,735	*,e	JGWPT Holdings, Inc		52,606
	26,962	*	KCG Holdings, Inc		307,906
	38,510	*	Ladenburg Thalmann Financial Services, Inc		120,536
	48,866		Lazard Ltd (Class A)		2,555,692
	45,003		Legg Mason, Inc		2,135,392
	146,519		Leucadia National Corp		3,620,484
	34,725		LPL Financial Holdings, Inc		1,648,743
	5,874		Manning & Napier, Inc		100,739
	3,240	*	Marcus & Millichap, Inc		79,607
	14,942		MarketAxess Holdings, Inc		840,189
	3,292		Marlin Business Services Corp		60,573
	108,637		McGraw-Hill Financial, Inc		8,714,860
	2,967	*,e	Moelis & Co		101,056
	75,216		Moody’s Corp		6,543,792
	608,856		Morgan Stanley		19,690,403
	46,336	*	MSCI, Inc (Class A)		2,096,704
	44,579		NASDAQ OMX Group, Inc		1,880,788
	170,901		Navient Corp		2,939,497
	8,392		Nelnet, Inc (Class A)		346,002
	10,526	*	NewStar Financial, Inc		119,260

124

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	4,205		Nicholas Financial, Inc	$	54,749
	95,782		Northern Trust Corp		6,406,858
	73,053	*	NorthStar Asset Management Group, Inc		1,308,379
	3,966		Oppenheimer Holdings, Inc		90,504
	22,644	*	PHH Corp		528,737
	9,210	*	Pico Holdings, Inc		204,001
	6,514	*	Piper Jaffray Cos		336,122
	19,859	*	Portfolio Recovery Associates, Inc		1,170,887
	4,748		Pzena Investment Management, Inc (Class A)		49,427
	48,674		Raymond James Financial, Inc		2,479,940
	1,700	e	RCS Capital Corp (Class A)		35,054
	4,505	*	Regional Management Corp		73,251
	5,457		Resource America, Inc (Class A)		51,405
	8,217	*	Safeguard Scientifics, Inc		163,107
	34,890		Santander Consumer USA Holdings, Inc		668,841
	57,167		SEI Investments Co		2,047,722
	2,020		Silvercrest Asset Management Group, Inc		32,562
	172,088		SLM Corp		1,524,700
	2,601	e	SPDR S&P MidCap 400 ETF Trust		647,987
	27,001	e	SPDR Trust Series 1		5,213,623
	9,622	*,e	Springleaf Holdings, Inc		251,904
	171,205		State Street Corp		12,059,680
	24,175	*	Stifel Financial Corp		1,106,973
	13,104	*	SWS Group, Inc		93,825
	104,204		T Rowe Price Group, Inc		8,092,483
	104,989		TD Ameritrade Holding Corp		3,372,247
	2,871		Virtus Investment Partners, Inc		588,699
	47,347		Voya Financial, Inc		1,756,574
	34,459		Waddell & Reed Financial, Inc (Class A)		1,819,091
	14,939	*,e	Walter Investment Management Corp		412,018
	2,714		Westwood Holdings Group, Inc		146,040
	109	e	WhiteHorse Finance, Inc		1,514
	39,914	*,e	WisdomTree Investments, Inc		409,518
	3,815	*,e	World Acceptance Corp		309,320
			TOTAL DIVERSIFIED FINANCIALS		311,751,271
ENERGY - 9.6%
	34,242	*	Abraxas Petroleum Corp		174,634
	1,000		Adams Resources & Energy, Inc		65,340
	10,008	e	Alon USA Energy, Inc		128,603
	86,982	*,e	Alpha Natural Resources, Inc		294,869
	11,572	*,e	American Eagle Energy Corp		74,408
	11,848	*,e	Amyris Biotechnologies, Inc		44,548
	199,830		Anadarko Petroleum Corp		21,351,835
	17,684	*	Antero Resources Corp		1,021,428
	154,503		Apache Corp		15,861,278
	3,270	*,e	APCO Argentina, Inc		45,159
	16,182	*,e	Approach Resources, Inc		340,469
	84,754	e	Arch Coal, Inc		251,719
	6,563	e	Ardmore Shipping Corp		86,172
	20,447	*	Athlon Energy, Inc		974,504
	24,532	*	Atwood Oceanics, Inc		1,181,216

125

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	173,557		Baker Hughes, Inc	$	11,935,515
	13,169	*	Basic Energy Services, Inc		315,924
	20,072	*,e	Bill Barrett Corp		481,929
	13,049	*	Bonanza Creek Energy, Inc		731,527
	50,084	*,e	BPZ Energy, Inc		131,220
	14,049		Bristow Group, Inc		1,002,677
	17,907	*	C&J Energy Services, Inc		536,494
	166,039		Cabot Oil & Gas Corp		5,470,985
	17,284	*	Callon Petroleum Co		170,766
	81,190	*	Cameron International Corp		5,757,183
	7,835	e	CARBO Ceramics, Inc		975,771
	18,355	*	Carrizo Oil & Gas, Inc		1,127,181
	13,713	*,e	CHC Group Ltd		98,734
	94,923	*	Cheniere Energy, Inc		6,716,751
	209,460		Chesapeake Energy Corp		5,523,460
	757,464		Chevron Corp		97,894,647
	34,660		Cimarex Energy Co		4,818,433
	2,445	*	Clayton Williams Energy, Inc		260,172
	27,865	*,e	Clean Energy Fuels Corp		277,535
	24,459	*	Cloud Peak Energy, Inc		378,625
	139,484	*	Cobalt International Energy, Inc		2,234,534
	19,360		Comstock Resources, Inc		458,058
	45,067	*	Concho Resources, Inc		6,345,434
	488,651		ConocoPhillips		40,313,708
	88,976		Consol Energy, Inc		3,454,048
	7,333		Contango Oil & Gas Co		295,007
	17,140	*,e	Continental Resources, Inc		2,515,809
	5,811	e	CVR Energy, Inc		273,582
	3,403		Dawson Geophysical Co		85,415
	22,412		Delek US Holdings, Inc		654,879
	142,400		Denbury Resources, Inc		2,413,680
	159,123	*	Devon Energy Corp		12,013,786
	28,140		DHT Holdings, Inc		186,287
	26,588	e	Diamond Offshore Drilling, Inc		1,244,053
	15,191	*	Diamondback Energy, Inc		1,249,156
	2,966	*	Dorian LPG Ltd		59,528
	30,128	*	Dresser-Rand Group, Inc		1,792,917
	16,208	*	Dril-Quip, Inc		1,633,280
	23,543	*,e	Emerald Oil, Inc		172,806
	28,992		Energen Corp		2,366,617
	37,212	e	Energy XXI Bermuda Ltd		742,752
	217,433		EOG Resources, Inc		23,795,868
	13,740	*,e	EP Energy Corp		274,800
	60,344		EQT Corp		5,661,474
	8,200	*	Era Group, Inc		219,760
	8,771		Evolution Petroleum Corp		93,060
	62,750	e	EXCO Resources, Inc		289,277
	23,373		Exterran Holdings, Inc		987,509
	1,708,674	d	Exxon Mobil Corp		169,056,206
	93,528	*	FMC Technologies, Inc		5,686,502
	48,400	*	Forest Oil Corp		98,736
	23,476	*	Forum Energy Technologies, Inc		781,516

126

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	13,500	e	Frank’s International NV	$	312,525
	25,452	*,e	Frontline Ltd		61,339
	21,505	*,e	FX Energy, Inc		66,450
	16,589		GasLog Ltd		423,019
	22,733	*	Gastar Exploration, Inc		150,492
	5,250	*,e	Geospace Technologies Corp		211,260
	4,676	*,e	Glori Energy, Inc		37,876
	17,362	e	Golar LNG Ltd		1,069,673
	14,119	*,e	Goodrich Petroleum Corp		271,932
	14,261		Green Plains Renewable Energy, Inc		534,645
	5,890		Gulf Island Fabrication, Inc		114,855
	10,641		Gulfmark Offshore, Inc		407,231
	34,052	*	Gulfport Energy Corp		1,818,717
	104,311	*,e	Halcon Resources Corp		620,650
	4,519		Hallador Petroleum Co		63,356
	336,147		Halliburton Co		23,190,782
	17,510	*,e	Harvest Natural Resources, Inc		75,643
	41,882	*	Helix Energy Solutions Group, Inc		1,065,059
	38,399		Helmerich & Payne, Inc		4,080,278
	63,667	*,e	Hercules Offshore, Inc		224,745
	110,533		Hess Corp		10,940,556
	79,230		Holly Corp		3,724,602
	14,379	*	Hornbeck Offshore Services, Inc		628,362
	52,583	*	ION Geophysical Corp		197,186
	341	*,e	Isramco, Inc		42,782
	4,648	*	Jones Energy, Inc (Class A)		87,475
	52,362	*	Key Energy Services, Inc		321,503
	262,781		Kinder Morgan, Inc		9,454,860
	105,917	*	Kodiak Oil & Gas Corp		1,645,950
	42,348	*	Kosmos Energy LLC		407,811
	30,903	*,e	Laredo Petroleum Holdings, Inc		838,707
	78,930	*,e	Magnum Hunter Resources Corp		507,520
	272,922		Marathon Oil Corp		10,575,727
	100,455		Marathon Petroleum Corp		8,385,983
	29,102	*	Matador Resources Co		786,918
	10,361	*	Matrix Service Co		278,193
	104,046	*,e	McDermott International, Inc		759,536
	14,957	*,e	Midstates Petroleum Co, Inc		95,426
	12,913	*,e	Miller Petroleum, Inc		63,145
	5,541	*	Mitcham Industries, Inc		71,867
	71,449		Murphy Oil Corp		4,439,126
	118,452		Nabors Industries Ltd		3,217,156
	170,736		National Oilwell Varco, Inc		13,836,445
	5,354	*	Natural Gas Services Group, Inc		167,045
	24,958		Navios Maritime Acq Corp		79,866
	54,228	*	Newfield Exploration Co		2,185,388
	33,806	*	Newpark Resources, Inc		413,447
	143,532		Noble Energy, Inc		9,543,443
	306		Nordic American Offshore Ltd		5,600
	35,382	e	Nordic American Tanker Shipping		304,639
	28,833	e	North Atlantic Drilling Ltd		281,122
	24,209	*,e	Northern Oil And Gas, Inc		389,523

127

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	5,851	*,e	Nuverra Environmental Solutions, Inc	$	108,946
	40,736	*	Oasis Petroleum, Inc		2,177,339
	314,429		Occidental Petroleum Corp		30,722,858
	43,005		Oceaneering International, Inc		2,920,470
	18,690	*	Oil States International, Inc		1,145,510
	82,723		Oneok, Inc		5,329,843
	7,891	*	Pacific Ethanol, Inc		140,775
	2,856		Panhandle Oil and Gas, Inc (Class A)		183,984
	47,687	*	Parker Drilling Co		294,706
	19,952	*	Parsley Energy, Inc		450,317
	57,579		Patterson-UTI Energy, Inc		1,977,839
	27,353		PBF Energy, Inc		741,266
	14,284	*	PDC Energy, Inc		775,050
	107,795	e	Peabody Energy Corp		1,635,250
	26,939	*	Penn Virginia Corp		350,746
	24,643	*	Petroquest Energy, Inc		157,962
	5,035	*	PHI, Inc		198,631
	226,198		Phillips 66		18,346,920
	30,293	*	Pioneer Energy Services Corp		445,610
	56,898		Pioneer Natural Resources Co		12,600,631
	4,952	*,e	Profire Energy, Inc		16,589
	71,488		Questar Market Resources, Inc		2,362,678
	51,966	*,e	Quicksilver Resources, Inc		97,696
	65,225		Range Resources Corp		4,930,358
	13,718	*	Renewable Energy Group, Inc		153,642
	32,052	*,e	Resolute Energy Corp		244,877
	19,322	*	Rex Energy Corp		266,450
	2,462	*	Rex Stores Corp		207,670
	19,981	*	Rice Energy, Inc		525,500
	4,731	*	RigNet, Inc		263,138
	7,597	*,e	Ring Energy, Inc		131,428
	24,658	*	Rosetta Resources, Inc		1,259,284
	49,613		Rowan Cos plc		1,514,189
	24,722		RPC, Inc		556,245
	8,980	*	RSP Permian, Inc		265,359
	18,062	*,e	Sanchez Energy Corp		572,927
	198,596	*,e	SandRidge Energy, Inc		1,183,632
	517,473		Schlumberger Ltd		56,088,898
	75,986		Scorpio Tankers, Inc		713,509
	7,758		SEACOR Holdings, Inc		589,298
	139,506	e	Seadrill Ltd		5,058,488
	16,993		SemGroup Corp		1,309,820
	14,961	*,e	Seventy Seven Energy, Inc		335,575
	29,283	e	Ship Finance International Ltd		532,951
	30,494	*,e	Solazyme, Inc		295,182
	140,401	*	Southwestern Energy Co		5,697,473
	266,893		Spectra Energy Corp		10,921,262
	26,680		St. Mary Land & Exploration Co		2,095,447
	22,382	*	Stone Energy Corp		851,635
	62,427		Superior Energy Services		2,097,547
	17,580	*,e	Swift Energy Co		194,259
	26,237	*	Synergy Resources Corp		276,013

128

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	14,806		Targa Resources Investments, Inc	$	1,887,765
	18,116		Teekay Corp		1,008,337
	24,539	e	Teekay Tankers Ltd (Class A)		97,665
	13,798		Tesco Corp		269,337
	51,611		Tesoro Corp		3,176,141
	31,263	*	Tetra Technologies, Inc		344,206
	19,847		Tidewater, Inc		938,168
	9,385	*	TransAtlantic Petroleum Ltd		97,979
	29,933	*,e	Triangle Petroleum Corp		323,276
	60,940	*,e	Ultra Petroleum Corp		1,396,745
	19,707	*	Unit Corp		1,248,438
	21,644	*	Vaalco Energy, Inc		149,344
	212,718		Valero Energy Corp		10,806,074
	81,093	*,e	Vantage Drilling Co		151,644
	4,510	*,e	Vertex Energy, Inc		37,072
	13,700		W&T Offshore, Inc		183,717
	32,776	*	Warren Resources, Inc		193,051
	21,135		Western Refining, Inc		865,690
	5,451	*	Westmoreland Coal Co		234,884
	47,321	*	Whiting Petroleum Corp		4,187,435
	16,810	*	Willbros Group, Inc		194,828
	295,687		Williams Cos, Inc		16,744,755
	29,739		World Fuel Services Corp		1,277,290
	80,447	*	WPX Energy, Inc		1,654,795
			TOTAL ENERGY		823,211,499
FOOD & STAPLES RETAILING - 1.9%
	11,257		Andersons, Inc		608,103
	15,270		Casey’s General Stores, Inc		1,010,416
	6,997	*,e	Chefs’ Warehouse Holdings, Inc		122,937
	174,991		Costco Wholesale Corp		20,568,442
	465,269		CVS Corp		35,527,941
	5,327	*,e	Fairway Group Holdings Corp		31,323
	17,126	*,e	Fresh Market, Inc		512,581
	5,387		Ingles Markets, Inc (Class A)		132,089
	202,657		Kroger Co		9,926,140
	12,815	e	Liberator Medical Holdings, Inc		39,855
	3,665	*,e	Natural Grocers by Vitamin C		83,122
	8,880	*	Pantry, Inc		159,041
	7,465		Pricesmart, Inc		614,369
	387,005	*	Rite Aid Corp		2,589,063
	9,452	e	Roundy’s, Inc		45,653
	91,722		Safeway, Inc		3,160,740
	14,851		Spartan Stores, Inc		311,277
	38,923	*,e	Sprouts Farmers Market, Inc		1,187,541
	79,233	*	Supervalu, Inc		726,567
	7,347	*	Susser Holdings Corp		589,009
	235,559		Sysco Corp		8,407,101
	19,794	*	United Natural Foods, Inc		1,160,324
	2,431		Village Super Market (Class A)		57,177
	379,745		Walgreen Co		26,115,064
	633,968		Wal-Mart Stores, Inc		46,647,365

129

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	4,144		Weis Markets, Inc	$	176,783
	146,348		Whole Foods Market, Inc		5,593,421
			TOTAL FOOD & STAPLES RETAILING		166,103,444
FOOD, BEVERAGE & TOBACCO - 4.4%
	1,131		Alico, Inc		41,745
	34,587	*	Alliance One International, Inc		78,512
	790,438		Altria Group, Inc		32,091,783
	6,923	*,e	Annie’s, Inc		202,013
	260,755		Archer Daniels Midland Co		12,099,032
	21,735		B&G Foods, Inc (Class A)		610,101
	3,308	*,e	Boston Beer Co, Inc (Class A)		729,083
	23,969	*	Boulder Brands, Inc		272,048
	61,001		Brown-Forman Corp (Class B)		5,285,737
	58,274		Bunge Ltd		4,594,322
	5,393		Calavo Growers, Inc		186,005
	6,403		Cal-Maine Foods, Inc		455,894
	69,755		Campbell Soup Co		2,901,110
	18,311	*	Chiquita Brands International, Inc		175,602
	2,067		Coca-Cola Bottling Co Consolidated		144,318
	1,560,220		Coca-Cola Co		61,301,044
	100,466		Coca-Cola Enterprises, Inc		4,566,180
	167,475		ConAgra Foods, Inc		5,046,022
	62,920	*	Constellation Brands, Inc (Class A)		5,238,719
	3,993	*	Craft Brewers Alliance, Inc		44,801
	65,306	*	Darling International, Inc		1,222,528
	36,347	e	Dean Foods Co		556,836
	8,644	*,e	Diamond Foods, Inc		232,178
	78,988		Dr Pepper Snapple Group, Inc		4,641,335
	3,496	*	Farmer Bros Co		71,563
	69,345		Flowers Foods, Inc		1,323,796
	14,873		Fresh Del Monte Produce, Inc		445,298
	246,887		General Mills, Inc		12,381,383
	19,988	*	Hain Celestial Group, Inc		1,708,974
	60,108		Hershey Co		5,298,520
	46,816		Hillshire Brands Co		2,938,640
	53,307		Hormel Foods Corp		2,412,675
	29,916		Ingredion, Inc		2,202,715
	5,854	*	Inventure Foods, Inc		70,541
	6,691		J&J Snack Foods Corp		602,792
	41,684		J.M. Smucker Co		4,153,394
	3,701		John B. Sanfilippo & Son, Inc		97,891
	103,212		Kellogg Co		6,175,174
	56,293		Keurig Green Mountain, Inc		6,714,629
	237,629		Kraft Foods Group, Inc		12,733,350
	7,970		Lancaster Colony Corp		696,180
	19,032		Lance, Inc		472,184
	1,889	e	Lifeway Foods, Inc		23,594
	4,613		Limoneira Co		101,717
	144,188		Lorillard, Inc		8,720,490
	52,623		McCormick & Co, Inc		3,461,541
	80,455		Mead Johnson Nutrition Co		7,356,805

130

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	54,128		Molson Coors Brewing Co (Class B)	$	3,655,264
	675,725		Mondelez International, Inc		24,326,100
	56,961	*	Monster Beverage Corp		3,643,226
	4,631		National Beverage Corp		79,375
	8,734	*	Omega Protein Corp		122,451
	603,183		PepsiCo, Inc		53,140,422
	625,827		Philip Morris International, Inc		51,324,072
	25,819	*	Pilgrim’s Pride Corp		721,899
	21,519		Pinnacle Foods, Inc		648,367
	17,300	*	Post Holdings, Inc		777,116
	122,779		Reynolds American, Inc		6,857,207
	9,235		Sanderson Farms, Inc		841,216
	149		Seaboard Corp		424,948
	3,188	*	Seneca Foods Corp		91,241
	7,341	*,e	Synutra International, Inc		44,707
	7,775	e	Tootsie Roll Industries, Inc		204,716
	14,805	*	TreeHouse Foods, Inc		1,088,168
	107,092	*	Tyson Foods, Inc (Class A)		3,984,893
	9,195	e	Universal Corp		477,496
	26,313	e	Vector Group Ltd		540,206
	69,178	*	WhiteWave Foods Co (Class A)		2,060,813
			TOTAL FOOD, BEVERAGE & TOBACCO		377,934,697
HEALTH CARE EQUIPMENT & SERVICES - 4.6%
	8,485	e	Abaxis, Inc		402,274
	597,687		Abbott Laboratories		25,174,576
	15,929	*,e	Abiomed, Inc		407,782
	14,312	*	Acadia Healthcare Co, Inc		682,110
	30,619	*,e	Accuray, Inc		240,972
	3,135	*	Addus HomeCare Corp		69,409
	142,153		Aetna, Inc		11,021,122
	15,861	e	Air Methods Corp		797,015
	32,474	*	Align Technology, Inc		1,760,416
	2,068	*	Alliance HealthCare Services, Inc		59,041
	71,047	*	Allscripts Healthcare Solutions, Inc		1,131,068
	3,624		Almost Family, Inc		84,947
	11,133	*,e	Amedisys, Inc		224,664
	89,897		AmerisourceBergen Corp		6,913,978
	18,333	*	AMN Healthcare Services, Inc		240,162
	13,261	*	Amsurg Corp		633,345
	4,677		Analogic Corp		336,323
	9,696	*	Angiodynamics, Inc		141,562
	5,745	*	Anika Therapeutics, Inc		241,635
	47,096	*,e	Antares Pharma, Inc		96,076
	15,051	*,e	athenahealth, Inc		1,872,344
	11,078	*	AtriCure, Inc		182,455
	618		Atrion Corp		173,658
	30,366		Bard (C.R.), Inc		4,531,518
	215,923		Baxter International, Inc		16,127,289
	76,888		Becton Dickinson & Co		8,937,461
	9,673	*,e	Bio-Reference Labs, Inc		303,635
	27,103	*,e	BioScrip, Inc		203,001

131

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	10,352	*	BioTelemetry, Inc	$	74,534
	526,006	*	Boston Scientific Corp		6,722,357
	64,164	*	Brookdale Senior Living, Inc		2,223,279
	12,469		Cantel Medical Corp		418,086
	11,455	*	Capital Senior Living Corp		282,251
	135,296		Cardinal Health, Inc		9,693,958
	11,141	*	Cardiovascular Systems, Inc		300,807
	82,548	*	CareFusion Corp		3,614,777
	5,132	*,e	Castlight Health, Inc		68,820
	81,937	*	Catamaran Corp		3,727,314
	22,899	*	Centene Corp		1,650,789
	118,592	*	Cerner Corp		6,546,278
	29,608	*,e	Cerus Corp		104,220
	7,021	e	Chemed Corp		715,089
	5,468	*,e	Chindex International, Inc		128,006
	106,926		Cigna Corp		9,627,617
	45,488		Community Health Systems, Inc		2,169,778
	4,462		Computer Programs & Systems, Inc		293,689
	10,837		Conmed Corp		422,643
	19,396		Cooper Cos, Inc		3,120,429
	4,880	*	Corvel Corp		196,566
	179,418		Covidien plc		15,521,451
	11,894	*	Cross Country Healthcare, Inc		85,518
	12,510		CryoLife, Inc		123,224
	10,693	*	Cyberonics, Inc		635,913
	8,831	*	Cynosure, Inc (Class A)		200,817
	70,760	*	DaVita, Inc		4,984,334
	56,381		Dentsply International, Inc		2,617,206
	8,395	*,e	Derma Sciences, Inc		81,264
	29,725	*	DexCom, Inc		1,120,038
	42,025	*	Edwards Lifesciences Corp		3,792,756
	25,511	*	Endologix, Inc		360,981
	8,148		Ensign Group, Inc		268,314
	32,174	*	Envision Healthcare Holdings, Inc		1,150,221
	3,811	*	Exactech, Inc		86,662
	13,769	*	ExamWorks Group, Inc		485,908
	308,156	*	Express Scripts Holding Co		21,463,065
	17,289	*	Five Star Quality Care, Inc		79,011
	19,474	*,e	GenMark Diagnostics, Inc		208,372
	12,263	*	Gentiva Health Services, Inc		221,960
	26,136	*	Globus Medical, Inc		582,833
	9,896	*	Greatbatch, Inc		489,951
	20,613	*	Haemonetics Corp		733,204
	14,043	*	Hanger Orthopedic Group, Inc		444,461
	129,754		HCA Holdings, Inc		8,474,234
	31,924	*	Health Net, Inc		1,314,950
	35,158		Healthsouth Corp		1,347,606
	8,271	*	HealthStream, Inc		206,444
	12,854	*,e	Healthways, Inc		222,246
	6,736	*	HeartWare International, Inc		567,239
	33,951	*	Henry Schein, Inc		3,946,804
	22,802		Hill-Rom Holdings, Inc		898,399

132

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	34,672	*	HMS Holdings Corp	$	638,312
	107,217	*	Hologic, Inc		2,795,147
	61,653		Humana, Inc		7,253,475
	6,479	*	ICU Medical, Inc		377,402
	20,405	*	Idexx Laboratories, Inc		2,540,014
	29,404	*,e	IMS Health Holdings, Inc		767,444
	2,170	*	Inogen Inc		43,400
	21,360	*	Insulet Corp		754,862
	9,702	*	Integra LifeSciences Holdings Corp		460,069
	15,183	*	Intuitive Surgical, Inc		6,946,982
	12,342		Invacare Corp		184,760
	32,915	*	Inverness Medical Innovations, Inc		1,316,600
	6,956	*	IPC The Hospitalist Co, Inc		342,096
	3,439	*,e	K2M Group Holdings, Inc		58,360
	21,765		Kindred Healthcare, Inc		520,184
	33,770	*	Laboratory Corp of America Holdings		3,501,611
	3,821		Landauer, Inc		164,876
	6,575	*	LDR Holding Corp		150,633
	5,627	*	LHC Group, Inc		132,122
	17,661	*	LifePoint Hospitals, Inc		1,266,647
	11,390	*	Magellan Health Services, Inc		656,064
	19,164		Masimo Corp		461,469
	91,400		McKesson Corp		17,536,004
	23,789	*	MedAssets, Inc		505,278
	21,429	*	Medidata Solutions, Inc		960,876
	397,460		Medtronic, Inc		24,539,180
	27,937	*,e	Merge Healthcare, Inc		68,725
	17,521	e	Meridian Bioscience, Inc		345,339
	17,287	*	Merit Medical Systems, Inc		221,965
	12,000	*	Molina Healthcare, Inc		490,200
	5,107	*	MWI Veterinary Supply, Inc		721,415
	4,200		National Healthcare Corp		230,832
	3,676	*	National Research Corp		48,560
	11,464	*	Natus Medical, Inc		329,819
	14,251	*	Neogen Corp		622,199
	20,656	*	NuVasive, Inc		772,121
	24,566	*	NxStage Medical, Inc		327,956
	39,516		Omnicare, Inc		2,469,750
	14,598	*	Omnicell, Inc		399,985
	21,728	*	OraSure Technologies, Inc		178,821
	7,325	*	Orthofix International NV		242,165
	25,069	e	Owens & Minor, Inc		829,533
	5,336	*,e	Oxford Immunotec Global plc		84,842
	34,082		Patterson Cos, Inc		1,329,539
	40,195	*	Pediatrix Medical Group, Inc		2,378,740
	12,030	*	PharMerica Corp		324,690
	4,996	*,e	PhotoMedex, Inc		53,907
	12,806	*	Premier, Inc		362,410
	4,577	*	Providence Service Corp		181,295
	19,842		Quality Systems, Inc		307,749
	57,433	e	Quest Diagnostics, Inc		3,509,156
	11,443	*	Quidel Corp		273,144

133

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	12,387	*	RadNet, Inc	$	63,298
	55,920	e	Resmed, Inc		2,893,301
	15,744	*,e	Rockwell Medical Technologies, Inc		159,014
	22,692	*	RTI Biologics, Inc		103,702
	31,111		Select Medical Holdings Corp		483,465
	22,202	*	Sirona Dental Systems, Inc		1,780,600
	8,440	*	Skilled Healthcare Group, Inc (Class A)		50,218
	15,763	*,e	Spectranetics Corp		404,321
	112,451		St. Jude Medical, Inc		7,330,681
	14,817	*	Staar Surgical Co		190,695
	23,100		STERIS Corp		1,175,328
	132,778		Stryker Corp		10,591,701
	4,961	*	Surgical Care Affiliates, Inc		145,754
	5,430	*	SurModics, Inc		103,116
	14,125	*	Symmetry Medical, Inc		124,441
	3,142	*,e	Tandem Diabetes Care, Inc		39,244
	27,841	*	Team Health Holdings, Inc		1,574,409
	16,433		Teleflex, Inc		1,770,491
	38,890	*	Tenet Healthcare Corp		2,052,225
	22,510	*	Thoratec Corp		731,575
	13,231	*	Tornier BV		274,279
	10,717	*,e	TransEnterix, Inc		42,547
	10,733	*	Triple-S Management Corp (Class B)		185,466
	2,959	*,e	TriVascular Technologies, Inc		40,686
	40,501	*,e	Unilife Corp		102,063
	390,783		UnitedHealth Group, Inc		31,672,962
	16,919		Universal American Corp		134,337
	35,375		Universal Health Services, Inc (Class B)		3,770,975
	4,758		US Physical Therapy, Inc		166,245
	1,453		Utah Medical Products, Inc		75,571
	41,343	*	Varian Medical Systems, Inc		3,396,327
	6,979	*	Vascular Solutions, Inc		172,172
	35,160	*	VCA Antech, Inc		1,311,116
	14,315	*,e	Veeva Systems, Inc		340,697
	2,579	*	Veracyte, Inc		36,880
	9,105	*	Vocera Communications, Inc		114,450
	20,922	*	Volcano Corp		345,422
	17,333	*	WellCare Health Plans, Inc		1,081,233
	111,414		WellPoint, Inc		12,234,371
	26,762		West Pharmaceutical Services, Inc		1,090,552
	19,965	*	Wright Medical Group, Inc		615,321
	11,805	*,e	Zeltiq Aesthetics, Inc		238,933
	66,768		Zimmer Holdings, Inc		6,681,474
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		395,676,893
HOUSEHOLD & PERSONAL PRODUCTS - 1.7%
	172,010		Avon Products, Inc		2,270,532
	15,669	*	Central Garden and Pet Co (Class A)		146,192
	54,132		Church & Dwight Co, Inc		3,474,192
	51,154	e	Clorox Co		4,443,748
	364,199		Colgate-Palmolive Co		23,090,217
	24,390		Coty, Inc		417,313

134

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	10,051	*	Elizabeth Arden, Inc	$	207,352
	24,505		Energizer Holdings, Inc		2,812,194
	91,235		Estee Lauder Cos (Class A)		6,702,123
	9,176		Female Health Co		35,878
	30,245	*	Harbinger Group, Inc		354,774
	33,992	e	Herbalife Ltd		1,781,181
	12,014	*	IGI Laboratories, Inc		63,314
	6,703		Inter Parfums, Inc		175,149
	149,914		Kimberly-Clark Corp		15,571,567
	5,231	*	Medifast, Inc		150,182
	3,786		Nature’s Sunshine Products, Inc		58,456
	23,177		Nu Skin Enterprises, Inc (Class A)		1,360,258
	2,747		Nutraceutical International Corp		63,401
	1,470		Oil-Dri Corp of America		42,880
	3,285		Orchids Paper Products Co		86,724
	1,077,204		Procter & Gamble Co		83,289,413
	3,323	*	Revlon, Inc (Class A)		101,351
	8,158		Spectrum Brands, Inc		680,377
	2,534	*,e	USANA Health Sciences, Inc		161,796
	5,981		WD-40 Co		399,291
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		147,939,855
INSURANCE - 4.0%
	134,394		ACE Ltd		13,452,839
	180,804		Aflac, Inc		10,801,231
	6,651	*	Alleghany Corp		2,752,516
	39,203		Allied World Assurance Co Holdings Ltd		1,411,700
	172,645		Allstate Corp		10,091,100
	17,752	*	AMBAC Financial Group, Inc		402,260
	29,633		American Equity Investment Life Holding Co		656,075
	28,867		American Financial Group, Inc		1,616,263
	580,110		American International Group, Inc		30,154,118
	2,872		American National Insurance Co		313,048
	6,505		Amerisafe, Inc		238,083
	11,941	e	Amtrust Financial Services, Inc		509,164
	118,084		Aon plc		9,961,566
	53,365	*	Arch Capital Group Ltd		2,852,359
	10,440		Argo Group International Holdings Ltd		520,016
	62,460		Arthur J. Gallagher & Co		2,810,700
	25,295		Aspen Insurance Holdings Ltd		1,012,053
	28,385		Assurant, Inc		1,798,474
	71,608		Assured Guaranty Ltd		1,598,291
	4,444	*	Atlas Financial Holdings, Inc		63,371
	42,929		Axis Capital Holdings Ltd		1,852,386
	3,677		Baldwin & Lyons, Inc (Class B)		90,822
	726,162	*	Berkshire Hathaway, Inc (Class B)		91,082,500
	47,992		Brown & Brown, Inc		1,477,194
	97,308		Chubb Corp		8,437,577
	64,685		Cincinnati Financial Corp		2,976,804
	17,701	*,e	Citizens, Inc (Class A)		119,305
	10,018		CNA Financial Corp		374,373
	86,449		Conseco, Inc		1,398,745

135

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	11,500		Crawford & Co (Class B)	$	105,800
	3,405		Donegal Group, Inc (Class A)		51,347
	7,590	*	eHealth, Inc		157,113
	1,918		EMC Insurance Group, Inc		56,447
	11,158		Employers Holdings, Inc		237,665
	17,691	e	Endurance Specialty Holdings Ltd		935,677
	3,656	*	Enstar Group Ltd		504,528
	10,065		Erie Indemnity Co (Class A)		736,959
	18,372		Everest Re Group Ltd		2,864,379
	3,922		FBL Financial Group, Inc (Class A)		167,783
	4,374	*	Federated National Holding Co		88,224
	4,480		Fidelity & Guaranty Life		96,813
	41,816		First American Financial Corp		1,134,886
	110,085	*	FNF Group		2,984,404
	197,612	*	Genworth Financial, Inc (Class A)		2,588,717
	12,261	*	Greenlight Capital Re Ltd (Class A)		396,766
	5,627	*	Hallmark Financial Services		50,474
	16,850		Hanover Insurance Group, Inc		974,098
	178,896		Hartford Financial Services Group, Inc		6,111,087
	39,926		HCC Insurance Holdings, Inc		1,863,746
	3,640	e	HCI Group, Inc		145,236
	2,883	*	Heritage Insurance Holdings, Inc		40,737
	28,136	*	Hilltop Holdings, Inc		576,788
	15,137		Horace Mann Educators Corp		433,675
	3,159		Independence Holding Co		39,519
	4,201		Infinity Property & Casualty Corp		272,057
	1,519		Kansas City Life Insurance Co		66,335
	18,133		Kemper Corp		627,583
	102,996		Lincoln National Corp		5,395,960
	127,557		Loews Corp		5,373,976
	18,988		Maiden Holdings Ltd		217,982
	5,562	*	Markel Corp		3,515,796
	218,667		Marsh & McLennan Cos, Inc		11,101,724
	55,986	*	MBIA, Inc		536,346
	20,353		Meadowbrook Insurance Group, Inc		122,729
	11,675		Mercury General Corp		574,643
	370,561		Metlife, Inc		19,491,509
	17,905		Montpelier Re Holdings Ltd		528,735
	14,334	e	National General Holdings Corp		249,555
	1,981		National Interstate Corp		53,665
	755		National Western Life Insurance Co (Class A)		181,955
	4,225	*	Navigators Group, Inc		256,880
	98,829		Old Republic International Corp		1,422,149
	7,800		OneBeacon Insurance Group Ltd (Class A)		115,440
	21,986		PartnerRe Ltd		2,294,459
	2,237	*	Phoenix Cos, Inc		123,952
	12,138		Platinum Underwriters Holdings Ltd		711,287
	22,640		Primerica, Inc		1,043,251
	116,100		Principal Financial Group		5,767,848
	23,897		ProAssurance Corp		1,042,626
	235,443		Progressive Corp		5,518,784
	30,663		Protective Life Corp		2,127,399

136

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	183,014		Prudential Financial, Inc	$	15,916,728
	27,513		Reinsurance Group of America, Inc (Class A)		2,208,193
	16,886		RenaissanceRe Holdings Ltd		1,651,620
	17,174		RLI Corp		734,017
	5,226		Safety Insurance Group, Inc		261,352
	21,192		Selective Insurance Group, Inc		472,370
	17,340		Stancorp Financial Group, Inc		1,046,296
	6,046		State Auto Financial Corp		127,631
	8,607		Stewart Information Services Corp		253,648
	36,159		Symetra Financial Corp		824,425
	22,453	*	Third Point Reinsurance Ltd		326,916
	52,444		Torchmark Corp		2,765,897
	138,241		Travelers Cos, Inc		12,380,864
	3,342	*	United America Indemnity Ltd		83,316
	7,816		United Fire & Casualty Co		220,880
	2,557		United Insurance Holdings Corp		37,128
	12,469		Universal Insurance Holdings, Inc		150,376
	102,417		UnumProvident Corp		3,515,976
	36,138		Validus Holdings Ltd		1,320,121
	39,861		W.R. Berkley Corp		1,778,199
	2,450		White Mountains Insurance Group Ltd		1,482,029
	108,057		XL Capital Ltd		3,483,758
			TOTAL INSURANCE		343,944,166
MATERIALS - 3.9%
	11,631		A. Schulman, Inc		462,216
	8,495	*	Advanced Emissions Solutions, Inc		181,708
	1,694	*	AEP Industries, Inc		69,031
	84,477		Air Products & Chemicals, Inc		11,146,740
	29,568		Airgas, Inc		3,161,411
	54,487	*,e	AK Steel Holding Corp		495,832
	31,646		Albemarle Corp		1,941,166
	466,269		Alcoa, Inc		7,642,149
	43,208		Allegheny Technologies, Inc		1,626,781
	41,190	*,e	Allied Nevada Gold Corp		128,925
	11,715	e	American Vanguard Corp		148,663
	3,985		Ampco-Pittsburgh Corp		80,377
	26,457		Aptargroup, Inc		1,616,523
	30,979		Ashland, Inc		3,241,952
	39,151		Avery Dennison Corp		1,848,319
	27,841		Axiall Corp		1,192,430
	12,490		Balchem Corp		624,500
	55,742		Ball Corp		3,414,755
	40,024		Bemis Co, Inc		1,561,336
	35,788	*	Berry Plastics Group, Inc		869,291
	15,190	*	Boise Cascade Co		427,599
	8,509		Brush Engineered Materials, Inc		274,926
	25,614		Cabot Corp		1,341,917
	21,261	*	Calgon Carbon Corp		450,733
	21,158		Carpenter Technology Corp		1,145,494
	7,123	*,e	Castle (A.M.) & Co		58,978
	62,096		Celanese Corp (Series A)		3,614,608

137

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	20,348	*	Century Aluminum Co	$	382,542
	20,707		CF Industries Holdings, Inc		5,183,790
	2,772		Chase Corp		93,555
	37,974	*	Chemtura		883,275
	8,163	*	Clearwater Paper Corp		551,819
	60,915	e	Cliffs Natural Resources, Inc		1,062,967
	40,064	*	Coeur d’Alene Mines Corp		312,499
	46,809		Commercial Metals Co		806,987
	13,355		Compass Minerals International, Inc		1,148,797
	55,239	*	Crown Holdings, Inc		2,571,375
	14,044		Cytec Industries, Inc		1,416,337
	4,672		Deltic Timber Corp		285,459
	25,526		Domtar Corp		916,894
	479,192		Dow Chemical Co		24,472,335
	366,014		Du Pont (E.I.) de Nemours & Co		23,538,360
	19,530		Eagle Materials, Inc		1,773,715
	59,736		Eastman Chemical Co		4,706,002
	106,045		Ecolab, Inc		11,509,064
	28,500	*	Ferro Corp		357,390
	21,392	*	Flotek Industries, Inc		617,159
	53,127		FMC Corp		3,464,943
	412,873		Freeport-McMoRan Copper & Gold, Inc (Class B)		15,367,133
	8,437		FutureFuel Corp		132,967
	16,545		Glatfelter		393,771
	25,489		Globe Specialty Metals, Inc		485,056
	14,256	*,e	Gold Resource Corp		75,272
	126,934	*	Graphic Packaging Holding Co		1,523,208
	13,180		Greif, Inc (Class A)		661,372
	19,859		H.B. Fuller Co		886,704
	4,200		Hawkins, Inc		143,850
	4,940		Haynes International, Inc		246,012
	29,267	*	Headwaters, Inc		312,864
	137,001	e	Hecla Mining Co		432,923
	20,277	*	Horsehead Holding Corp		379,788
	79,223		Huntsman Corp		2,063,759
	8,994		Innophos Holdings, Inc		543,507
	9,625		Innospec, Inc		387,021
	32,390		International Flavors & Fragrances, Inc		3,271,066
	172,285		International Paper Co		8,183,538
	21,952	e	Intrepid Potash, Inc		325,109
	7,211		Kaiser Aluminum Corp		556,833
	33,322		Kapstone Paper and Packaging Corp		990,996
	3,950		KMG Chemicals, Inc		66,242
	8,099		Koppers Holdings, Inc		291,807
	12,330	*	Kraton Polymers LLC		254,121
	8,381		Kronos Worldwide, Inc		124,961
	10,324	*	Landec Corp		126,056
	55,241	*	Louisiana-Pacific Corp		747,963
	7,299	*	LSB Industries, Inc		281,085
	175,417		LyondellBasell Industries AF S.C.A		18,638,056
	4,655	*,e	Marrone Bio Innovations, Inc		43,152
	24,284		Martin Marietta Materials, Inc		3,016,801

138

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	66,875		MeadWestvaco Corp	$	2,795,375
	13,780		Minerals Technologies, Inc		800,205
	68,071	*,e	Molycorp, Inc		142,268
	209,055		Monsanto Co		23,642,030
	133,208		Mosaic Co		6,142,221
	10,894		Myers Industries, Inc		201,321
	6,475		Neenah Paper, Inc		321,290
	3,613		NewMarket Corp		1,398,231
	197,854		Newmont Mining Corp		4,928,543
	19,907		Noranda Aluminium Holding Corp		87,989
	126,740		Nucor Corp		6,364,883
	32,025		Olin Corp		850,904
	3,926		Olympic Steel, Inc		86,097
	12,801		OM Group, Inc		361,884
	17,813	*	Omnova Solutions, Inc		143,751
	66,219	*	Owens-Illinois, Inc		2,065,371
	38,372		Packaging Corp of America		2,538,692
	33,727	*	Platform Specialty Products Corp		833,394
	37,351		PolyOne Corp		1,417,470
	55,396		PPG Industries, Inc		10,988,351
	117,196		Praxair, Inc		15,017,495
	5,266		Quaker Chemical Corp		371,832
	16,877	*	Rayonier Advanced Materials, Inc		547,827
	30,960		Reliance Steel & Aluminum Co		2,113,020
	92,557		Rentech, Inc		200,849
	25,876	*,e	Resolute Forest Products		398,232
	28,562		Rock-Tenn Co (Class A)		2,839,920
	28,848		Rockwood Holdings, Inc		2,277,261
	25,727		Royal Gold, Inc		1,944,189
	53,026		RPM International, Inc		2,342,689
	12,025	*	RTI International Metals, Inc		298,942
	10,080		Schnitzer Steel Industries, Inc (Class A)		269,237
	11,733		Schweitzer-Mauduit International, Inc		479,058
	17,748		Scotts Miracle-Gro Co (Class A)		944,194
	85,289		Sealed Air Corp		2,739,483
	16,710	*,e	Senomyx, Inc		117,889
	19,703		Sensient Technologies Corp		1,034,408
	34,403		Sherwin-Williams Co		7,094,931
	47,830		Sigma-Aldrich Corp		4,803,089
	18,128		Silgan Holdings, Inc		892,260
	40,581		Sonoco Products Co		1,588,340
	59,710		Southern Copper Corp (NY)		1,962,071
	88,956		Steel Dynamics, Inc		1,886,757
	7,636		Stepan Co		367,444
	47,713	*	Stillwater Mining Co		854,063
	27,754	*	SunCoke Energy, Inc		633,624
	33,886	*	Tahoe Resources, Inc		896,285
	11,366	*	Taminco Corp		237,549
	16,249	*	TimkenSteel Corp		706,994
	7,438	*	Trecora Resources		89,405
	10,895		Tredegar Corp		212,888
	23,046		Tronox Ltd		611,641

139

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	2,376	*	UFP Technologies, Inc	$	59,994
	790		United States Lime & Minerals, Inc		45,520
	57,666	e	United States Steel Corp		1,931,234
	2,856	*	Universal Stainless & Alloy		82,339
	5,448	*	US Concrete, Inc		139,414
	21,328		US Silica Holdings Inc		1,199,060
	33,782		Valspar Corp		2,535,339
	51,613		Vulcan Materials Co		3,258,329
	26,687	e	Walter Energy, Inc		153,450
	21,822		Wausau Paper Corp		219,748
	16,361		Westlake Chemical Corp		1,429,788
	1,691	*	WHX Corp		38,048
	20,425	*	Worthington Industries, Inc		781,256
	30,356	*	WR Grace & Co		2,762,396
	9,183		Zep, Inc		143,163
			TOTAL MATERIALS		333,439,831
MEDIA - 3.5%
	7,528		AH Belo Corp (Class A)		79,420
	8,220		AMC Entertainment Holdings, Inc		186,101
	24,486	*	AMC Networks, Inc		1,465,977
	79,269	e	Cablevision Systems Corp (Class A)		1,523,550
	9,072	*	Carmike Cinemas, Inc		285,224
	211,597		CBS Corp (Class B)		12,025,057
	35,844		CBS Outdoor Americas, Inc		1,193,247
	29,048	*,e	Central European Media Enterprises Ltd (Class A) (NASDAQ)		76,106
	31,551	*	Charter Communications, Inc		4,875,260
	45,849		Cinemark Holdings, Inc		1,503,847
	16,417		Clear Channel Outdoor Holdings, Inc (Class A)		123,948
	1,031,239		Comcast Corp (Class A)		55,408,471
	10,034	*	Crown Media Holdings, Inc (Class A)		33,915
	51,460	*	Cumulus Media, Inc (Class A)		266,563
	411	*,e	Daily Journal Corp		69,315
	6,234	*,e	Dex Media, Inc		79,733
	186,115	*	DIRECTV		16,015,196
	91,394	*	Discovery Communications, Inc (Class A)		7,787,683
	84,844		DISH Network Corp (Class A)		5,248,450
	29,376	*,e	DreamWorks Animation SKG, Inc (Class A)		587,520
	10,087	*	Entercom Communications Corp (Class A)		95,322
	23,005		Entravision Communications Corp (Class A)		128,598
	7,195	*,e	Eros International plc		105,551
	12,337	*	EW Scripps Co (Class A)		267,466
	87,353		Gannett Co, Inc		2,858,190
	6,645	*	Global Sources Ltd		49,040
	19,973	*	Gray Television, Inc		243,271
	19,411		Harte-Hanks, Inc		127,336
	2,790	*	Hemisphere Media Group, Inc		32,280
	168,527		Interpublic Group of Cos, Inc		3,321,667
	17,384		John Wiley & Sons, Inc (Class A)		1,044,604
	17,540	*	Journal Communications, Inc (Class A)		190,835
	31,578		Lamar Advertising Co (Class A)		1,583,637
	20,595	*,e	Lee Enterprises, Inc		78,261

140

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	37,724	*	Liberty Media Corp	$	1,774,914
	75,448	*	Liberty Media Corp (Class C)		3,546,056
	31,876	e	Lions Gate Entertainment Corp		981,781
	57,519	*	Live Nation, Inc		1,335,016
	5,064		Loral Space & Communications, Inc		366,127
	24,582	*	Madison Square Garden, Inc		1,458,696
	11,381	*	Martha Stewart Living Omnimedia, Inc (Class A)		51,328
	24,667	*,e	McClatchy Co (Class A)		119,142
	16,747		MDC Partners, Inc		345,323
	21,543	*,e	Media General, Inc (Class A)		434,307
	14,365		Meredith Corp		659,641
	7,739		Morningstar, Inc		524,782
	23,428		National CineMedia, Inc		376,254
	11,752	*	New Media Investment Group, Inc		176,985
	53,842	e	New York Times Co (Class A)		672,487
	197,825	*	News Corp		3,491,611
	12,268	e	Nexstar Broadcasting Group, Inc (Class A)		571,566
	103,003	*	Omnicom Group, Inc		7,209,180
	7,127	*,e	Radio One, Inc		31,145
	5,007	*,e	ReachLocal, Inc		32,045
	4,992	*	Reading International, Inc		40,086
	32,957	e	Regal Entertainment Group (Class A)		641,343
	3,944	*	Rentrak Corp		195,780
	1,443		Saga Communications, Inc		51,948
	2,491		Salem Communications		21,697
	10,478		Scholastic Corp		371,131
	42,095		Scripps Networks Interactive (Class A)		3,469,049
	17,717	*,e	SFX Entertainment, Inc		121,361
	27,216	e	Sinclair Broadcast Group, Inc (Class A)		879,349
	1,097,365	e	Sirius XM Holdings, Inc		3,709,094
	9,582	*	Sizmek, Inc		87,100
	44,058	*	Starz-Liberty Capital		1,256,094
	142,731	e	Thomson Corp		5,396,659
	110,885		Time Warner Cable, Inc		16,089,413
	351,157		Time Warner, Inc		29,153,054
	44,147	*	Time, Inc		1,063,943
	758,219		Twenty-First Century Fox, Inc		24,020,378
	171,155		Viacom, Inc (Class B)		14,149,384
	689,212		Walt Disney Co		59,189,527
	11,367	e	World Wrestling Entertainment, Inc (Class A)		141,860
			TOTAL MEDIA		303,167,277
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 8.5%
	632,721		AbbVie, Inc		33,116,617
	31,286	*,e	Acadia Pharmaceuticals, Inc		634,167
	8,544	*,e	Accelerate Diagnostics, Inc		155,330
	6,455	*,e	Acceleron Pharma, Inc		191,197
	9,217	*,e	AcelRx Pharmaceuticals, Inc		64,150
	2,818	*	Achaogen, Inc		30,463
	38,434	*,e	Achillion Pharmaceuticals, Inc		263,273
	16,488	*	Acorda Therapeutics, Inc		482,604
	104,747	*	Actavis plc		22,443,092

141

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	7,908	*,e	Actinium Pharmaceuticals, Inc	$	49,899
	1,336	*	Adamas Pharmaceuticals, Inc		21,256
	11,809	*,e	Aegerion Pharmaceuticals, Inc		396,900
	4,740	*	Aerie Pharmaceuticals, Inc		84,040
	28,957	*,e	Affymetrix, Inc		249,030
	25,516	*	Agenus, Inc		84,203
	132,637		Agilent Technologies, Inc		7,439,609
	5,322	*,e	Agios Pharmaceuticals, Inc		214,477
	3,159	*,e	Akebia Therapeutics, Inc		69,940
	24,866	*	Akorn, Inc		843,703
	9,258	*,e	Albany Molecular Research, Inc		176,272
	3,305	*	Alder Biopharmaceuticals, Inc		55,821
	78,717	*	Alexion Pharmaceuticals, Inc		12,515,216
	10,350	*,e	Alimera Sciences, Inc		59,823
	57,499	*	Alkermes plc		2,458,657
	118,383		Allergan, Inc		19,635,004
	26,497	*	Alnylam Pharmaceuticals, Inc		1,432,163
	8,549	*,e	AMAG Pharmaceuticals, Inc		163,200
	301,242		Amgen, Inc		38,375,218
	14,591	*,e	Ampio Pharmaceuticals, Inc		87,984
	13,268	*,e	Anacor Pharmaceuticals, Inc		220,912
	2,629	*	ANI Pharmaceuticals, Inc		67,355
	1,946	*,e	Applied Genetic Technologies Corp		31,136
	9,955	*,e	Aratana Therapeutics, Inc		114,781
	87,816	*,e	Arena Pharmaceuticals, Inc		406,588
	65,799	*,e	Ariad Pharmaceuticals, Inc		379,002
	50,525	*,e	Array Biopharma, Inc		202,100
	20,726	*,e	Arrowhead Research Corp		262,184
	2,590	*	Asterias Biotherapeutics, Inc		5,827
	3,300	*	Auspex Pharmaceuticals Inc		60,093
	19,904	*,e	Auxilium Pharmaceuticals, Inc		398,478
	63,671	*	AVANIR Pharmaceuticals, Inc		331,726
	27,687	*,e	BioCryst Pharmaceuticals, Inc		346,641
	20,345	*,e	BioDelivery Sciences International, Inc		259,399
	94,558	*	Biogen Idec, Inc		31,619,250
	57,996	*	BioMarin Pharmaceuticals, Inc		3,585,313
	27,963	*,e	Bio-Path Holdings, Inc		63,756
	8,265	*	Bio-Rad Laboratories, Inc (Class A)		950,392
	1,559	*	Biospecifics Technologies Corp		40,752
	19,659	*,e	Biotime, Inc		49,934
	7,625	*,e	Bluebird Bio, Inc		254,675
	658,856		Bristol-Myers Squibb Co		33,351,291
	41,957	*	Bruker BioSciences Corp		953,683
	12,351	*	Cambrex Corp		260,236
	2,312	*,e	Cara Therapeutics Inc		29,478
	318,606	*	Celgene Corp		27,766,513
	35,796	*,e	Celldex Therapeutics, Inc		468,570
	4,161	*,e	Cellular Dynamics International, Inc		47,810
	8,826	*,e	Cempra, Inc		81,199
	27,662	*	Cepheid, Inc		1,041,198
	19,215	*	Charles River Laboratories International, Inc		1,041,645
	9,194	*,e	ChemoCentryx, Inc		50,567

142

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	10,808	*	Chimerix, Inc	$	245,558
	9,865	*,e	Clovis Oncology, Inc		359,579
	22,589	*,e	Corcept Therapeutics, Inc		53,988
	22,811	*	Covance, Inc		1,914,299
	54,062	*,e	CTI BioPharma Corp		140,021
	29,945	*	Cubist Pharmaceuticals, Inc		1,823,650
	14,477	*	Cytokinetics, Inc		61,238
	25,229	*,e	Cytori Therapeutics, Inc		51,719
	21,974	*,e	CytRx Corp		71,635
	60,644	*,e	Dendreon Corp		125,533
	26,759	*	Depomed, Inc		266,252
	1,446	*,e	Dicerna Pharmaceuticals Inc		21,719
	6,152	*,e	Durata Therapeutics, Inc		79,115
	54,178	*	Dyax Corp		510,357
	91,953	*	Dynavax Technologies Corp		136,090
	802	*,e	Egalet Corp		9,704
	1,511	*,e	Eleven Biotheraputics Inc		16,576
	391,474		Eli Lilly & Co		23,903,402
	11,534	*	Emergent Biosolutions, Inc		253,748
	3,808	*,e	Enanta Pharmaceuticals, Inc		143,219
	60,571	*	Endo International plc		4,063,103
	14,308	*,e	Endocyte, Inc		94,934
	13,923	*	Enzo Biochem, Inc		66,830
	5,213	*,e	Epizyme, Inc		163,271
	1,727	*	Esperion Thereapeutics, Inc		24,748
	32,881	*,e	Exact Sciences Corp		513,272
	77,564	*,e	Exelixis, Inc		313,359
	6,594	*,e	Five Prime Therapeutics, Inc		79,128
	1,915	*	Flexion Therapeutics Inc		23,516
	11,238	*,e	Fluidigm Corp		321,744
	1,296	*,m	Forest Laboratories, Inc CVR		1,231
	5,651	*,e	Foundation Medicine, Inc		127,261
	2,832	*,m	Furiex Pharmaceuticals, Inc		27,669
	7,325	*,e	Galectin Therapeutics, Inc		44,975
	47,931	*,e	Galena Biopharma, Inc		136,124
	1,666	*,e	Genocea Biosciences Inc		29,005
	7,321	*,e	Genomic Health, Inc		186,539
	62,189	*,e	Geron Corp		149,565
	611,361	*	Gilead Sciences, Inc		55,970,099
	12,851	*	Golf Trust Of America, Inc		96,511
	41,532	*,e	Halozyme Therapeutics, Inc		404,522
	7,451	*,e	Heron Therapeutics, Inc		65,494
	25,679	*,e	Horizon Pharma, Inc		218,272
	66,499	*	Hospira, Inc		3,688,700
	5,485	*	Hyperion Therapeutics, Inc		124,893
	46,805	*,e	Idenix Pharmaceuticals, Inc		1,142,978
	22,914	*,e	Idera Pharmaceuticals, Inc		57,972
	51,105	*	Illumina, Inc		8,172,201
	34,283	*,e	Immunogen, Inc		369,571
	35,440	*,e	Immunomedics, Inc		114,826
	27,831	*	Impax Laboratories, Inc		650,967
	57,466	*	Incyte Corp		2,733,658

143

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	19,642	*	Infinity Pharmaceuticals, Inc	$	178,546
	24,252	*,e	Inovio Pharmaceuticals, Inc		244,945
	16,107	*	Insmed, Inc		275,269
	3,990	*,e	Insys Therapeutics, Inc		107,850
	4,950	*	Intercept Pharmaceuticals, Inc		1,150,182
	39,433	*	InterMune, Inc		1,729,926
	6,807	*,e	Intra-Cellular Therapies, Inc		98,633
	14,341	*,e	Intrexon Corp		316,793
	48,025	*	Ironwood Pharmaceuticals, Inc		710,770
	46,795	*,e	Isis Pharmaceuticals, Inc		1,450,177
	23,651	*	Jazz Pharmaceuticals plc		3,304,754
	1,125,636		Johnson & Johnson		112,664,907
	5,018	*,e	Karyopharm Therapeutics, Inc		174,074
	36,296	*,e	Keryx Biopharmaceuticals, Inc		546,255
	4,496	*	Kindred Biosciences Inc		68,519
	6,699	*,e	KYTHERA Biopharmaceuticals, Inc		224,952
	10,246	*	Lannett Co, Inc		344,368
	87,144	*,e	Lexicon Pharmaceuticals, Inc		128,102
	8,270	*	Ligand Pharmaceuticals, Inc (Class B)		406,636
	15,732	*	Luminex Corp		286,322
	8,023	*	MacroGenics, Inc		162,867
	22,619	*,e	Mallinckrodt plc		1,574,735
	90,579	*,e	MannKind Corp		757,240
	24,938	*	Medicines Co		582,801
	30,426	*	Medivation, Inc		2,258,522
	1,162,776		Merck & Co, Inc		65,975,910
	38,997	*,e	Merrimack Pharmaceuticals, Inc		230,472
	11,842	*	Mettler-Toledo International, Inc		3,045,052
	36,673	*,e	MiMedx Group, Inc		253,410
	2,993	*,e	Mirati Therapeutics, Inc		54,383
	18,851	*	Momenta Pharmaceuticals, Inc		200,575
	148,748	*	Mylan Laboratories, Inc		7,343,689
	29,826	*,e	Myriad Genetics, Inc		1,076,719
	3,381	*,e	NanoString Technologies, Inc		40,741
	15,109	*,e	NanoViricides, Inc		61,343
	57,284	*,e	Navidea Biopharmceuticals, Inc		76,188
	51,538	*	Nektar Therapeutics		543,726
	9,051	*,e	NeoStem, Inc		55,845
	27,511	*,e	Neuralstem, Inc		78,681
	31,005	*	Neurocrine Biosciences, Inc		421,048
	7,810	*,e	NewLink Genetics Corp		165,416
	14,396	*,e	Northwest Biotherapeutics, Inc		95,014
	83,673	*,e	Novavax, Inc		362,304
	42,306	*	NPS Pharmaceuticals, Inc		1,182,030
	7,823	*,e	Ohr Pharmaceutical, Inc		70,407
	13,482	*,e	Omeros Corp		183,490
	1,988	*,m	Omthera Pharmaceuticals, Inc		1,193
	4,885	*,e	OncoMed Pharmaceuticals, Inc		105,467
	27,185	*	Oncothyreon, Inc		74,215
	5,421	*,e	Ophthotech Corp		211,744
	78,548	*,e	Opko Health, Inc		692,793
	46,442	*,e	Orexigen Therapeutics, Inc		231,746

144

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	25,020	*,e	Organovo Holdings, Inc	$	189,401
	7,783	*	Osiris Therapeutics, Inc		115,188
	5,799	*,e	OvaScience, Inc		56,888
	25,430	*	Pacific Biosciences of California, Inc		116,215
	14,220	*,e	Pacira Pharmaceuticals, Inc		1,308,240
	14,233	*	Pain Therapeutics, Inc		59,921
	22,595	*	Parexel International Corp		1,210,188
	64,073	e	PDL BioPharma, Inc		601,005
	68,417	*,e	Peregrine Pharmaceuticals, Inc		103,310
	43,144	*	PerkinElmer, Inc		1,994,116
	52,876		Perrigo Co plc		7,955,194
	2,537,988		Pfizer, Inc		72,840,256
	24,253	*	Pharmacyclics, Inc		2,921,031
	5,447	*	Phibro Animal Health Corp		103,275
	14,722	*,e	Portola Pharmaceuticals, Inc		370,111
	11,983		Pozen, Inc		86,757
	20,589	*	Prestige Brands Holdings, Inc		634,141
	30,473	*,e	Progenics Pharmaceuticals, Inc		145,661
	7,261	*	Prothena Corp plc		126,051
	8,904	*,e	PTC Therapeutics, Inc		235,244
	9,362	*	Puma Biotechnology, Inc		2,075,743
	92,805	*	Qiagen NV (NASDAQ)		2,267,226
	24,260	e	Questcor Pharmaceuticals, Inc		2,182,672
	22,483	*	Quintiles Transnational Holdings, Inc		1,234,991
	24,544	*,e	Raptor Pharmaceutical Corp		211,324
	6,111	*	Receptos, Inc		253,057
	6,117	*,e	Regado Biosciences, Inc		18,229
	31,460	*	Regeneron Pharmaceuticals, Inc		9,948,281
	5,559	*,e	Regulus Therapeutics, Inc		35,522
	6,592	*	Relypsa, Inc		149,045
	13,091	*	Repligen Corp		274,518
	9,071	*	Repros Therapeutics, Inc		127,175
	8,303	*,e	Retrophin, Inc		88,178
	3,290	*,e	Revance Therapeutics, Inc		100,937
	33,185	*	Rigel Pharmaceuticals, Inc		108,515
	8,812	*	Sagent Pharmaceuticals		224,530
	25,244	*	Salix Pharmaceuticals Ltd		3,329,936
	27,083	*,e	Sangamo Biosciences, Inc		321,746
	16,235	*,e	Sarepta Therapeutics, Inc		346,455
	22,166	*	Sciclone Pharmaceuticals, Inc		106,840
	40,247	*,e	Seattle Genetics, Inc		1,416,694
	45,275	*,e	Sequenom, Inc		169,781
	26,219	e	Spectrum Pharmaceuticals, Inc		184,582
	4,616	*,e	Stemline Therapeutics, Inc		59,131
	5,921	*,e	Sucampo Pharmaceuticals, Inc (Class A)		34,934
	19,689	*,e	Sunesis Pharmaceuticals, Inc		129,554
	20,591	*,e	Supernus Pharmaceuticals, Inc		178,318
	8,554	*,e	Synageva BioPharma Corp		585,179
	37,579	*,e	Synergy Pharmaceuticals, Inc		137,163
	22,494	*,e	Synta Pharmaceuticals Corp		88,851
	14,706		Techne Corp		1,372,364
	7,755	*	TESARO, Inc		223,034

145

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	8,814	*	Tetraphase Pharmaceuticals, Inc	$	92,547
	9,582	*,e	TG Therapeutics, Inc		75,794
	42,702	*,e	TherapeuticsMD, Inc		198,137
	9,312	*,e	Theravance Biopharma, Inc		261,015
	32,888	*,e	Theravance, Inc		713,670
	157,517		Thermo Electron Corp		19,138,316
	19,914	*,e	Threshold Pharmaceuticals, Inc		83,838
	2,590	*	Ultragenyx Pharmaceutical, Inc		113,183
	19,121	*	United Therapeutics Corp		1,738,864
	13,695	*,e	Vanda Pharmaceuticals, Inc		201,317
	8,443	*	Verastem, Inc		62,394
	2,749	*,e	Versartis, Inc		56,080
	93,962	*	Vertex Pharmaceuticals, Inc		8,354,161
	2,146	*,e	Vital Therapies, Inc		49,143
	38,588	*,e	Vivus, Inc		185,994
	33,697	*	Waters Corp		3,485,618
	6,202	*	Xencor Inc		59,911
	22,097	*	Xenoport, Inc		94,796
	33,340	*	XOMA Corp		129,359
	33,518	*,e	ZIOPHARM Oncology, Inc		104,911
	199,345		Zoetis Inc		6,560,444
	51,247	*,e	Zogenix, Inc		67,646
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		730,465,714
REAL ESTATE - 3.8%
	22,590		Acadia Realty Trust		637,716
	11,101		AG Mortgage Investment Trust		203,592
	6,410		Agree Realty Corp		187,685
	19,412		Alexander & Baldwin, Inc		740,956
	945		Alexander’s, Inc		343,035
	28,556		Alexandria Real Estate Equities, Inc		2,244,502
	557	*,e	Altisource Asset Management Corp		341,452
	5,825	*,e	Altisource Portfolio Solutions S.A.		631,313
	21,827		Altisource Residential Corp		506,168
	14,192		American Assets Trust, Inc		486,644
	41,385		American Campus Communities, Inc		1,610,704
	138,190		American Capital Agency Corp		3,194,953
	20,453		American Capital Mortgage, Inc		407,628
	55,479		American Homes 4 Rent		1,010,827
	66,310		American Realty Capital Healthcare Trust, Inc		707,528
	361,539	*	American Realty Capital Properties, Inc		4,739,776
	12,177	*	American Residential Properties, Inc		220,647
	157,970		American Tower Corp		14,910,788
	7,646		AmREIT, Inc (Class B)		176,928
	371,019		Annaly Capital Management, Inc		4,118,311
	50,785		Anworth Mortgage Asset Corp		257,988
	58,223		Apartment Investment & Management Co (Class A)		1,990,062
	18,249		Apollo Commercial Real Estate Finance, Inc		302,386
	11,615		Ares Commercial Real Estate Corp		141,935
	7,976		Armada Hoffler Properties, Inc		74,974
	141,470	*	ARMOUR Residential REIT, Inc		595,589
	10,029		Ashford Hospitality Prime, Inc		166,983

146

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	27,183		Ashford Hospitality Trust, Inc	$	312,876
	20,730		Associated Estates Realty Corp		366,299
	4,648	*	AV Homes, Inc		72,462
	51,716		AvalonBay Communities, Inc		7,658,105
	7,845		Aviv REIT, Inc		223,190
	76,341		BioMed Realty Trust, Inc		1,641,331
	61,385		Boston Properties, Inc		7,332,438
	60,718		Brandywine Realty Trust		944,165
	19,145		Brixmor Property Group, Inc		433,634
	34,005		Camden Property Trust		2,460,602
	25,940		Campus Crest Communities, Inc		207,520
	38,228		Capstead Mortgage Corp		490,848
	7,818	*	CareTrust REIT, Inc		133,375
	5,253		CatchMark Timber Trust Inc		63,036
	64,218		CBL & Associates Properties, Inc		1,200,877
	111,800	*	CBRE Group, Inc		3,447,912
	31,506		Cedar Shopping Centers, Inc		198,488
	94,917		Chambers Street Properties		738,454
	10,309		Chatham Lodging Trust		218,242
	19,826		Chesapeake Lodging Trust		588,436
	408,317		Chimera Investment Corp		1,294,365
	36,064		Colony Financial, Inc		798,818
	49,621		Columbia Property Trust, Inc		1,265,832
	1,735		Consolidated-Tomoka Land Co		77,416
	8,139		Coresite Realty		265,820
	34,732		Corporate Office Properties Trust		985,347
	78,762		Cousins Properties, Inc		975,074
	132,761		Crown Castle International Corp		9,848,211
	56,486		CubeSmart		1,028,610
	7,262		CyrusOne, Inc		180,461
	64,606		CYS Investments, Inc		573,701
	131,559		DCT Industrial Trust, Inc		1,030,107
	119,851		DDR Corp		2,102,187
	77,180		DiamondRock Hospitality Co		946,227
	53,443		Digital Realty Trust, Inc		3,441,195
	57,202		Douglas Emmett, Inc		1,629,685
	131,000		Duke Realty Corp		2,356,690
	24,919		DuPont Fabros Technology, Inc		683,030
	21,154		Dynex Capital, Inc		175,578
	12,644		EastGroup Properties, Inc		788,480
	45,031		Education Realty Trust, Inc		475,527
	35,421		Empire State Realty Trust, Inc		575,237
	21,314		Entertainment Properties Trust		1,148,825
	46,279	*	Equity Commonwealth		1,243,054
	33,388		Equity Lifestyle Properties, Inc		1,478,755
	24,495		Equity One, Inc		568,774
	143,725		Equity Residential		9,291,821
	24,880		Essex Property Trust, Inc		4,716,502
	19,599		Excel Trust, Inc		253,807
	46,182		Extra Space Storage, Inc		2,388,995
	26,796		Federal Realty Investment Trust		3,271,792
	49,558		FelCor Lodging Trust, Inc		518,872

147

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	43,668		First Industrial Realty Trust, Inc	$	788,207
	23,269		First Potomac Realty Trust		306,918
	63,074	*	Forest City Enterprises, Inc (Class A)		1,209,129
	16,040	*	Forestar Real Estate Group, Inc		299,948
	36,242		Franklin Street Properties Corp		439,978
	33,589		Gaming and Leisure Properties, Inc		1,130,942
	226,948		General Growth Properties, Inc		5,303,775
	28,661		Geo Group, Inc		986,225
	11,101		Getty Realty Corp		203,925
	6,437		Gladstone Commercial Corp		112,326
	57,559		Glimcher Realty Trust		618,184
	21,718		Government Properties Income Trust		507,115
	46,232		Gramercy Property Trust, Inc		273,231
	8,462		Hannon Armstrong Sustainable Infrastructure Capital, Inc		116,014
	36,991		Hatteras Financial Corp		708,378
	182,313		HCP, Inc		7,571,459
	122,204		Health Care REIT, Inc		7,775,841
	38,926		Healthcare Realty Trust, Inc		961,472
	93,175		Healthcare Trust of America, Inc		1,109,714
	79,845		Hersha Hospitality Trust		527,775
	35,946		Highwoods Properties, Inc		1,512,248
	22,770		Home Properties, Inc		1,498,038
	59,666		Hospitality Properties Trust		1,704,658
	303,007		Host Marriott Corp		6,587,372
	15,589	*	Howard Hughes Corp		2,266,952
	21,270		Hudson Pacific Properties		544,512
	34,121		Inland Real Estate Corp		352,811
	48,952		Invesco Mortgage Capital, Inc		831,205
	42,506		Investors Real Estate Trust		362,151
	33,522	*	iStar Financial, Inc		482,046
	17,746		Jones Lang LaSalle, Inc		2,195,180
	27,458	e	Kennedy-Wilson Holdings, Inc		642,517
	32,374		Kilroy Realty Corp		2,002,008
	165,562		Kimco Realty Corp		3,705,278
	50,763		Kite Realty Group Trust		309,654
	41,363		LaSalle Hotel Properties		1,439,019
	80,750		Lexington Corporate Properties Trust		883,405
	58,847		Liberty Property Trust		2,069,649
	14,173		LTC Properties, Inc		543,251
	55,977		Macerich Co		3,639,065
	35,378		Mack-Cali Realty Corp		746,476
	67,395		Medical Properties Trust, Inc		907,137
	145,551		MFA Mortgage Investments, Inc		1,184,785
	29,938		Mid-America Apartment Communities, Inc		2,093,265
	21,852		Monmouth Real Estate Investment Corp (Class A)		224,639
	13,217		National Health Investors, Inc		790,244
	48,962		National Retail Properties, Inc		1,741,578
	112,770		New Residential Investment Corp		674,365
	36,579		New York Mortgage Trust, Inc		276,171
	67,407	*	New York REIT, Inc		703,729
	73,053	*	NorthStar Realty Finance Corp		1,176,153
	50,100		Omega Healthcare Investors, Inc		1,830,654

148

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	4,657		One Liberty Properties, Inc	$	96,493
	4,380		Owens Realty Mortgage, Inc		70,124
	28,408		Parkway Properties, Inc		588,898
	25,300		Pebblebrook Hotel Trust		920,920
	27,385		Pennsylvania REIT		526,614
	29,461		Pennymac Mortgage Investment Trust		630,760
	13,691		Physicians Realty Trust		192,769
	62,958		Piedmont Office Realty Trust, Inc		1,224,533
	70,313		Plum Creek Timber Co, Inc		2,908,849
	21,589		Post Properties, Inc		1,170,124
	17,050		Potlatch Corp		704,165
	198,841		Prologis, Inc		8,114,701
	7,705		PS Business Parks, Inc		635,662
	57,760		Public Storage, Inc		9,912,194
	4,875		QTS Realty Trust, Inc		132,844
	32,670		RAIT Investment Trust		251,559
	26,250		Ramco-Gershenson Properties		435,750
	50,633		Rayonier, Inc		1,724,560
	4,400		Re/Max Holdings, Inc		128,920
	57,950	*	Realogy Holdings Corp		2,130,242
	88,117		Realty Income Corp		3,793,437
	33,082		Redwood Trust, Inc		627,896
	37,187		Regency Centers Corp		2,021,485
	45,907		Resource Capital Corp		252,948
	29,980		Retail Opportunities Investment Corp		462,591
	94,240		Retail Properties of America, Inc		1,418,312
	10,900		Rexford Industrial Realty, Inc		150,747
	52,337		RLJ Lodging Trust		1,467,529
	14,383		Rouse Properties, Inc		243,792
	16,871		Ryman Hospitality Properties		805,590
	18,423		Sabra Healthcare REIT, Inc		510,317
	3,901		Saul Centers, Inc		185,961
	14,541		Select Income REIT		403,513
	81,093		Senior Housing Properties Trust		1,853,786
	14,331		Silver Bay Realty Trust Corp		231,589
	124,290		Simon Property Group, Inc		20,904,335
	37,743		SL Green Realty Corp		4,068,695
	13,682		Sovran Self Storage, Inc		1,049,683
	158,415		Spirit Realty Capital, Inc		1,832,862
	25,316	*,e	St. Joe Co		578,217
	19,054		STAG Industrial, Inc		435,193
	87,312		Starwood Property Trust, Inc		2,060,563
	14,914	*	Starwood Waypoint Residential Trust		392,089
	98,176	*	Strategic Hotels & Resorts, Inc		1,120,188
	34,370		Summit Hotel Properties, Inc		352,980
	16,386		Sun Communities, Inc		862,395
	71,755		Sunstone Hotel Investors, Inc		1,018,203
	36,355		Tanger Factory Outlet Centers, Inc		1,259,701
	25,173		Taubman Centers, Inc		1,851,726
	5,192	*	Tejon Ranch Co		148,491
	11,848		Terreno Realty Corp		221,558
	7,936		Trade Street Residential, Inc		56,346

149

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	145,259		Two Harbors Investment Corp	$	1,486,000
	100,313		UDR, Inc		2,917,102
	7,871		UMH Properties, Inc		78,002
	4,803		Universal Health Realty Income Trust		202,014
	11,670		Urstadt Biddle Properties, Inc (Class A)		239,118
	117,141		Ventas, Inc		7,438,453
	75,343		Vornado Realty Trust		7,987,865
	61,906	*	Washington Prime Group, Inc		1,169,404
	27,622		Washington REIT		749,109
	48,612		Weingarten Realty Investors		1,599,821
	10,756		Western Asset Mortgage Capital Corp		146,282
	211,850		Weyerhaeuser Co		6,635,142
	9,142		Whitestone REIT		136,764
	14,231		Winthrop Realty Trust		214,461
	39,480		WP Carey, Inc		2,595,020
			TOTAL REAL ESTATE		321,670,882
RETAILING - 4.1%
	9,268	*	1-800-FLOWERS.COM, Inc (Class A)		47,452
	25,910		Aaron’s, Inc		683,506
	28,941		Abercrombie & Fitch Co (Class A)		1,138,539
	29,039		Advance Auto Parts, Inc		3,516,913
	29,079	*,e	Aeropostale, Inc		96,542
	148,949	*	Amazon.com, Inc		46,619,547
	76,546		American Eagle Outfitters, Inc		815,980
	3,169	*,e	America’s Car-Mart, Inc		118,647
	18,654	*	Ann Taylor Stores Corp		685,535
	12,502	*	Asbury Automotive Group, Inc		844,260
	50,758	*	Ascena Retail Group, Inc		815,174
	7,775	*	Audiovox Corp (Class A)		77,050
	28,569	*	Autonation, Inc		1,523,299
	12,975	*	AutoZone, Inc		6,708,464
	16,408	*	Barnes & Noble, Inc		341,615
	13,146		Bebe Stores, Inc		36,940
	81,506	*	Bed Bath & Beyond, Inc		5,158,515
	114,047		Best Buy Co, Inc		3,390,617
	7,055		Big 5 Sporting Goods Corp		69,915
	23,079		Big Lots, Inc		1,009,706
	5,139	*	Blue Nile, Inc		132,329
	5,473	e	Bon-Ton Stores, Inc		50,899
	17,331		Brown Shoe Co, Inc		488,561
	11,014	e	Buckle, Inc		490,123
	4,615	*	Build-A-Bear Workshop, Inc		48,688
	11,385	*	Burlington Stores, Inc		372,631
	19,837	*,e	Cabela’s, Inc		1,157,687
	87,760	*	Carmax, Inc		4,283,566
	10,463		Cato Corp (Class A)		322,888
	60,996		Chico’s FAS, Inc		964,347
	8,856		Children’s Place Retail Stores, Inc		444,571
	14,714	*	Christopher & Banks Corp		125,805
	6,249	*	Citi Trends, Inc		125,917
	10,996	*,e	Conn’s, Inc		439,840

150

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	6,884	*,e	Container Store Group, Inc	$	144,771
	9,586		Core-Mark Holding Co, Inc		452,459
	4,670	*,e	Coupons.com, Inc		95,875
	30,070		CST Brands, Inc		1,005,240
	5,544		Destination Maternity Corp		105,502
	14,776	*	Destination XL Group, Inc		79,052
	38,461		Dick’s Sporting Goods, Inc		1,635,746
	10,169		Dillard’s, Inc (Class A)		1,212,348
	123,389	*	Dollar General Corp		6,814,774
	82,821	*	Dollar Tree, Inc		4,511,260
	29,357		DSW, Inc (Class A)		780,603
	41,140		Expedia, Inc		3,267,339
	32,885	*	Express Parent LLC		511,691
	38,003		Family Dollar Stores, Inc		2,840,724
	19,113		Finish Line, Inc (Class A)		502,481
	21,612	*,e	Five Below, Inc		791,431
	58,051		Foot Locker, Inc		2,759,164
	16,847	*,e	Francesca’s Holdings Corp		215,305
	15,555		Fred’s, Inc (Class A)		246,236
	7,507	*	FTD Cos, Inc		247,281
	6,156	*	Gaiam, Inc (Class A)		40,507
	45,571	e	GameStop Corp (Class A)		1,912,615
	105,187		Gap, Inc		4,219,051
	9,519	*	Genesco, Inc		726,014
	61,084		Genuine Parts Co		5,058,977
	36,262		GNC Holdings, Inc		1,189,756
	9,395		Group 1 Automotive, Inc		694,478
	191,369	*,e	Groupon, Inc		1,238,157
	24,348		Guess?, Inc		633,292
	7,966		Haverty Furniture Cos, Inc		177,084
	4,857	*,e	HHgregg, Inc		34,533
	10,580	*,e	Hibbett Sports, Inc		528,048
	545,442		Home Depot, Inc		44,098,986
	37,245	*	HomeAway, Inc		1,293,146
	13,393		HSN, Inc		748,535
	116,930	*,e	JC Penney Co, Inc		1,096,803
	5,901	*	Kirkland’s, Inc		110,998
	82,946		Kohl’s Corp		4,440,929
	95,926		L Brands, Inc		5,560,830
	6,611	*,e	Lands’ End, Inc		232,641
	197,536	*	Liberty Interactive Corp		5,540,885
	29,909	*	Liberty Ventures		2,068,506
	9,046		Lithia Motors, Inc (Class A)		803,737
	120,174	*	LKQ Corp		3,143,151
	405,434		Lowe’s Companies, Inc		19,400,017
	10,988	*,e	Lumber Liquidators, Inc		595,769
	143,943		Macy’s, Inc		8,318,466
	9,957	*	MarineMax, Inc		165,983
	5,757	*,e	Mattress Firm Holding Corp		268,276
	18,454		Men’s Wearhouse, Inc		928,605
	12,627	e	Monro Muffler, Inc		641,325
	18,657	*	Murphy USA, Inc		922,029

151

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	23,844	*	NetFlix, Inc	$	10,079,336
	10,555	*	New York & Co, Inc		35,570
	55,201		Nordstrom, Inc		3,821,565
	11,300		Nutri/System, Inc		181,365
	212,330	*	Office Depot, Inc		1,063,773
	20,186	*	Orbitz Worldwide, Inc		178,646
	42,429	*	O’Reilly Automotive, Inc		6,364,350
	8,166	*,e	Outerwall, Inc		449,293
	4,892	*,e	Overstock.com, Inc		79,495
	17,800	*	Pacific Sunwear Of California, Inc		36,134
	16,815		Penske Auto Group, Inc		781,057
	20,968	*	PEP Boys - Manny Moe & Jack		221,841
	8,830	e	PetMed Express, Inc		120,971
	39,614	e	Petsmart, Inc		2,699,298
	37,408		Pier 1 Imports, Inc		563,365
	20,520	*	Priceline.com, Inc		25,495,074
	21,148		Rent-A-Center, Inc		506,283
	12,363	*	Restoration Hardware Holdings, Inc		1,011,170
	12,399	*,e	RetailMeNot, Inc		303,280
	84,478		Ross Stores, Inc		5,440,383
	64,473	*	Sally Beauty Holdings, Inc		1,673,074
	10,704	*,e	Sears Holdings Corp		408,358
	3,323	*	Sears Hometown and Outlet Stores, Inc		63,004
	21,733	*	Select Comfort Corp		439,007
	5,922		Shoe Carnival, Inc		105,412
	15,240	*	Shutterfly, Inc		751,637
	31,931		Signet Jewelers Ltd		3,250,257
	15,819		Sonic Automotive, Inc (Class A)		384,718
	3,417	*	Sportsman’s Warehouse Holdings, Inc		19,784
	12,585		Stage Stores, Inc		226,782
	257,676		Staples, Inc		2,986,465
	11,572		Stein Mart, Inc		150,205
	4,288		Systemax, Inc		58,617
	252,129		Target Corp		15,024,367
	44,852		Tiffany & Co		4,378,004
	11,101	*,e	Tile Shop Holdings, Inc		112,231
	4,219	*	Tilly’s, Inc		31,938
	278,583		TJX Companies, Inc		14,845,688
	55,604		Tractor Supply Co		3,456,901
	44,727	*	TripAdvisor, Inc		4,241,909
	17,397	*	Tuesday Morning Corp		286,355
	25,612	*	Ulta Salon Cosmetics & Fragrance, Inc		2,364,756
	42,110	*	Urban Outfitters, Inc		1,504,590
	17,334	*	Valuevision International, Inc (Class A)		79,390
	8,371	*	Vitacost.com, Inc		66,801
	12,117	*	Vitamin Shoppe, Inc		516,790
	6,804	*	West Marine, Inc		58,378
	15,388	*	WEX, Inc		1,660,673
	37,585		Williams-Sonoma, Inc		2,520,826
	892		Winmark Corp		58,399
	5,208	*,e	zulily, Inc		180,301
	8,244	*	Zumiez, Inc		229,595
			TOTAL RETAILING		349,764,940

152

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.4%
	15,709	*	Advanced Energy Industries, Inc	$	264,225
	245,885	*,e	Advanced Micro Devices, Inc		961,410
	7,533	*	Alpha & Omega Semiconductor Ltd		68,927
	124,674		Altera Corp		4,079,333
	11,341	*,e	Ambarella, Inc		324,466
	39,862	*	Amkor Technology, Inc		352,779
	124,923		Analog Devices, Inc		6,199,929
	484,226		Applied Materials, Inc		10,149,377
	31,397	*,e	Applied Micro Circuits Corp		262,165
	167,509	*	Atmel Corp		1,373,574
	5,463	*	Audience, Inc		52,062
	99,265		Avago Technologies Ltd		6,887,006
	44,358	*	Axcelis Technologies, Inc		77,627
	212,946		Broadcom Corp (Class A)		8,147,314
	26,047		Brooks Automation, Inc		265,158
	9,662	*	Cabot Microelectronics Corp		388,316
	4,818	*	Cascade Microtech, Inc		53,287
	21,203	*	Cavium Networks, Inc		989,120
	8,650	*	Ceva, Inc		123,090
	24,698	*	Cirrus Logic, Inc		553,976
	9,419		Cohu, Inc		105,022
	48,381	*,e	Cree, Inc		2,285,035
	71,752	e	Cypress Semiconductor Corp		725,413
	14,527	*	Diodes, Inc		370,439
	9,301	*	DSP Group, Inc		82,500
	55,661	*	Entegris, Inc		639,545
	36,366	*	Entropic Communications, Inc		101,461
	15,727	*	Exar Corp		151,451
	48,686	*	Fairchild Semiconductor International, Inc		741,001
	29,004	*	First Solar, Inc		1,830,442
	21,843	*	Formfactor, Inc		147,440
	41,686	*,e	Freescale Semiconductor Holdings Ltd		834,554
	56,050	*,e	GT Solar International, Inc		775,732
	12,340	*	Inphi Corp		188,308
	52,621	*	Integrated Device Technology, Inc		755,638
	11,931	*	Integrated Silicon Solution, Inc		174,431
	1,980,681		Intel Corp		67,125,279
	27,685	*	International Rectifier Corp		687,695
	51,271		Intersil Corp (Class A)		657,807
	9,988		IXYS Corp		114,063
	65,785		Kla-Tencor Corp		4,702,970
	26,291	*	Kopin Corp		90,178
	64,111		Lam Research Corp		4,487,770
	46,871	*	Lattice Semiconductor Corp		320,598
	93,955		Linear Technology Corp		4,146,704
	4,644	*	MA-COM Technology Solutions		92,416
	159,968		Marvell Technology Group Ltd		2,133,973
	112,426		Maxim Integrated Products, Inc		3,295,206
	11,428	*,e	MaxLinear, Inc		108,337

153

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	17,514		Micrel, Inc	$	183,196
	79,651	e	Microchip Technology, Inc		3,585,888
	425,034	*	Micron Technology, Inc		12,984,789
	37,763	*	Microsemi Corp		905,557
	21,340		MKS Instruments, Inc		678,185
	15,405		Monolithic Power Systems, Inc		635,302
	9,714	*	Nanometrics, Inc		151,150
	1,929	*	NVE Corp		127,989
	222,117		Nvidia Corp		3,887,048
	21,300	*	Omnivision Technologies, Inc		477,120
	175,897	*	ON Semiconductor Corp		1,505,678
	12,269	*	PDF Solutions, Inc		235,074
	11,233	*,e	Peregrine Semiconductor Corp		75,710
	9,022	*	Pericom Semiconductor Corp		79,664
	23,544	*	Photronics, Inc		187,646
	16,043	*	PLX Technology, Inc		104,119
	77,701	*	PMC - Sierra, Inc		522,928
	12,028		Power Integrations, Inc		647,467
	21,183	*,e	QuickLogic Corp		72,022
	47,933	*	Rambus, Inc		551,709
	113,912	*	RF Micro Devices, Inc		1,271,258
	10,334	*,e	Rubicon Technology, Inc		77,815
	12,643	*	Rudolph Technologies, Inc		116,442
	26,681	*	Semtech Corp		595,787
	29,865	*	Silicon Image, Inc		149,026
	17,296	*	Silicon Laboratories, Inc		704,466
	75,393		Skyworks Solutions, Inc		3,826,949
	22,306	*	Spansion, Inc		423,145
	106,435	*	SunEdison, Inc		2,128,700
	18,113	*,e	SunPower Corp		665,290
	72,878	e	Teradyne, Inc		1,327,837
	20,925		Tessera Technologies, Inc		531,704
	430,005		Texas Instruments, Inc		19,887,731
	68,350	*	Triquint Semiconductor, Inc		1,228,933
	11,782	*	Ultra Clean Holdings		102,150
	11,090	*	Ultratech, Inc		262,611
	15,690	*,e	Veeco Instruments, Inc		544,600
	20,116	*	Vitesse Semiconductor Corp		60,348
	19,456	*	Xcerra Corp		181,914
	106,718		Xilinx, Inc		4,389,311
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		205,518,807
SOFTWARE & SERVICES - 10.4%
	4,685	*,e	A10 Networks, Inc		50,598
	252,666		Accenture plc		20,031,360
	45,090	*	ACI Worldwide, Inc		844,987
	197,091		Activision Blizzard, Inc		4,410,897
	18,969	*	Actuate Corp		80,049
	30,778	*	Acxiom Corp		563,853
	198,645	*	Adobe Systems, Inc		13,728,356
	20,277		Advent Software, Inc		658,191
	3,991	*,e	Aerohive Networks, Inc		33,524

154

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	70,921	*	Akamai Technologies, Inc	$	4,185,757
	21,452	*	Alliance Data Systems Corp		5,626,645
	3,462	*	Amber Road, Inc		47,429
	63,707		Amdocs Ltd		2,888,475
	9,809	*	American Software, Inc (Class A)		91,322
	17,713	*,e	Angie’s List, Inc		147,549
	37,142	*	Ansys, Inc		2,857,705
	31,853		AOL, Inc		1,227,933
	36,651	*	Aspen Technology, Inc		1,592,119
	90,529	*	Autodesk, Inc		4,829,722
	193,740		Automatic Data Processing, Inc		15,752,999
	12,884	*	AVG Technologies NV		219,028
	26,722	*	Bankrate, Inc		450,533
	3,114	*,e	Barracuda Networks, Inc		86,476
	19,910	*,e	Bazaarvoice, Inc		147,533
	1,900	*,e	Benefitfocus, Inc		73,226
	18,275		Blackbaud, Inc		670,875
	20,985	*,e	Blackhawk Network Holdings, Inc		594,715
	16,823	*	Blucora, Inc		287,169
	29,189		Booz Allen Hamilton Holding Co		649,163
	2,523	*,e	Borderfree, Inc		33,581
	15,474	*	Bottomline Technologies, Inc		438,069
	12,621	*	Brightcove, Inc		75,095
	48,345		Broadridge Financial Solutions, Inc		1,951,688
	11,032	*	BroadSoft, Inc		269,181
	128,230		CA, Inc		3,703,282
	9,222	*	CACI International, Inc (Class A)		636,226
	115,130	*	Cadence Design Systems, Inc		1,937,638
	18,327	*	Callidus Software, Inc		196,465
	7,045	*	Carbonite, Inc		68,548
	17,521	*	Cardtronics, Inc		675,610
	3,739	*,e	Care.com, Inc		35,483
	4,627		Cass Information Systems, Inc		208,817
	8,307	*,e	ChannelAdvisor Corp		190,480
	30,571	*	Ciber, Inc		106,693
	29,725	*	Cinedigm Corp		67,476
	65,262	*	Citrix Systems, Inc		4,420,195
	242,234	*	Cognizant Technology Solutions Corp (Class A)		11,881,578
	18,720	*	Commvault Systems, Inc		898,934
	57,639		Computer Sciences Corp		3,596,097
	6,003		Computer Task Group, Inc		85,963
	87,803		Compuware Corp		799,007
	13,742	*	comScore, Inc		497,323
	9,182	*	Comverse, Inc		235,794
	18,978	*,e	Concur Technologies, Inc		1,764,195
	12,466	*	Constant Contact, Inc		388,067
	40,661		Convergys Corp		788,417
	28,082	*,e	Conversant, Inc		656,276
	21,121	*	Cornerstone OnDemand, Inc		883,703
	11,441	*	CoStar Group, Inc		1,644,415
	3,453	*,e	Covisint Corp		14,434
	13,500		CSG Systems International, Inc		351,540

155

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	7,221	*,e	Cvent, Inc	$	197,206
	10,812	*,e	Cyan, Inc		41,626
	7,890	*	Datalink Corp		89,157
	21,240	*	DealerTrack Holdings, Inc		797,987
	16,459	*	Demand Media, Inc		89,372
	11,992	*	Demandware, Inc		722,398
	15,774	*	Dice Holdings, Inc		144,490
	13,396	*	Digital River, Inc		191,429
	2,622		DMRC Corp		66,494
	12,026		DST Systems, Inc		1,083,182
	9,188	*,e	E2open, Inc		148,662
	40,115		EarthLink Holdings Corp		158,053
	507,296	*	eBay, Inc		26,785,229
	11,888	e	Ebix, Inc		149,313
	125,133	*	Electronic Arts, Inc		4,204,469
	10,641	*	Ellie Mae, Inc		305,610
	12,110	*,e	Endurance International Group Holdings, Inc		165,059
	10,543	*	EnerNOC, Inc		188,931
	13,583	*	Envestnet, Inc		592,355
	14,013	*	EPAM Systems, Inc		541,743
	12,174		EPIQ Systems, Inc		175,549
	1,860		ePlus, Inc		101,723
	19,877	*	Equinix, Inc		4,264,014
	20,267	*	Euronet Worldwide, Inc		1,014,161
	26,096		EVERTEC, Inc		583,507
	2,787	*,e	Everyday Health, Inc		46,320
	12,942	*	ExlService Holdings, Inc		363,023
	785,157	*	Facebook, Inc		57,041,656
	16,946	e	Factset Research Systems, Inc		2,035,723
	13,745		Fair Isaac Corp		785,527
	114,700		Fidelity National Information Services, Inc		6,469,080
	34,214	*,e	FireEye, Inc		1,214,597
	36,630	*	First American Corp		996,336
	99,583	*	Fiserv, Inc		6,141,284
	5,007	*,e	Five9, Inc		36,451
	32,990	*	FleetCor Technologies, Inc		4,380,742
	14,959	*,e	FleetMatics Group plc		472,555
	5,122		Forrester Research, Inc		198,119
	54,561	*	Fortinet, Inc		1,339,473
	36,099	*	Gartner, Inc		2,469,894
	63,720		Genpact Ltd		1,121,472
	3,514	*,m	Gerber Scientific, Inc		0
	9,789	*,e	Gigamon, Inc		112,965
	26,600	*	Global Cash Access, Inc		222,642
	14,926	*	Global Eagle Entertainment, Inc		152,245
	30,229		Global Payments, Inc		2,093,963
	36,613	*,e	Glu Mobile, Inc		205,399
	22,346	*,e	Gogo, Inc		362,229
	112,603	*	Google, Inc		64,363,875
	111,678	*	Google, Inc (Class A)		64,722,985
	3,664	*,e	GrubHub, Inc		132,967
	5,227	*	GTT Communications, Inc		53,106

156

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	7,393	*,e	Guidance Software, Inc	$	57,222
	26,956	*	Guidewire Software, Inc		1,091,718
	10,211		Hackett Group, Inc		61,266
	14,021	e	Heartland Payment Systems, Inc		665,997
	11,998	*	Higher One Holdings, Inc		50,152
	29,546		IAC/InterActiveCorp		1,985,491
	14,665	*	iGate Corp		523,247
	9,015	*,e	Imperva, Inc		199,863
	21,929	*	Infoblox, Inc		265,779
	43,679	*	Informatica Corp		1,385,498
	13,542	*	Information Services Group, Inc		59,179
	6,621	*	Interactive Intelligence, Inc		300,395
	22,093	*	Internap Network Services Corp		159,291
	376,400		International Business Machines Corp		72,144,588
	113,458		Intuit, Inc		9,300,152
	18,949	e	j2 Global, Inc		926,985
	34,284		Jack Henry & Associates, Inc		2,000,471
	16,776	*	Jive Software, Inc		132,866
	9,164	*	Knot, Inc		102,362
	29,597	*,e	Kofax Ltd		212,506
	25,548		Leidos Holdings, Inc		943,743
	31,019	*	Limelight Networks, Inc		79,719
	41,482	*	LinkedIn Corp		7,493,308
	25,980	*	Lionbridge Technologies		148,865
	10,535	*,e	Liquidity Services, Inc		142,117
	21,292	*	Liveperson, Inc		250,820
	9,652	*	LogMeIn, Inc		392,933
	3,064	*,e	Luxoft Holding, Inc		97,405
	6,820	*,e	magicJack VocalTec Ltd		97,321
	30,535	*	Manhattan Associates, Inc		896,508
	9,410		Mantech International Corp (Class A)		254,070
	13,195		Marchex, Inc (Class B)		145,145
	10,794	*,e	Marin Software, Inc		98,981
	10,225	*,e	Marketo, Inc		279,654
	400,012		Mastercard, Inc (Class A)		29,660,890
	4,099	*,e	Mavenir Systems, Inc		46,278
	27,274		MAXIMUS, Inc		1,128,053
	38,559		Mentor Graphics Corp		761,540
	29,883	*	Micros Systems, Inc		2,020,987
	3,286,727		Microsoft Corp		141,855,137
	3,605	*	MicroStrategy, Inc (Class A)		515,984
	29,421	*,e	Millennial Media, Inc		101,502
	7,608	*	Model N, Inc		74,863
	14,497	*,e	ModusLink Global Solutions, Inc		54,074
	11,761	*	MoneyGram International, Inc		169,946
	15,829		Monotype Imaging Holdings, Inc		473,129
	38,282	*	Monster Worldwide, Inc		248,833
	15,248	*	Move, Inc		222,621
	14,753	*	Netscout Systems, Inc		627,445
	16,471	*,e	NetSuite, Inc		1,388,670
	24,084	*,e	NeuStar, Inc (Class A)		670,980
	26,129		NIC, Inc		440,796

157

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	104,441	*	Nuance Communications, Inc	$	1,898,737
	3,016	*,e	OPOWER, Inc		48,256
	1,306,820		Oracle Corp		52,782,460
	81,695	*	Pandora Media, Inc		2,052,178
	3,781	*,e	Park City Group, Inc		39,738
	129,592		Paychex, Inc		5,314,568
	2,354	*	Paycom Software, Inc		30,084
	14,018		Pegasystems, Inc		299,565
	13,586	*	Perficient, Inc		230,826
	12,240	*	PRG-Schultz International, Inc		73,685
	21,127	*	Progress Software Corp		489,724
	14,689	*	Proofpoint, Inc		518,081
	9,486	*	PROS Holdings, Inc		243,031
	47,152	*	PTC, Inc		1,695,586
	3,963	*,e	Q2 Holdings, Inc		52,193
	2,489		QAD, Inc (Class A)		47,042
	35,476	*	QLIK Technologies, Inc		938,695
	8,045	*	Qualys, Inc		192,195
	13,828	*	QuinStreet, Inc		69,002
	46,750	*	Rackspace Hosting, Inc		1,416,058
	10,019	*,e	Rally Software Development Corp		101,893
	9,129	*	RealNetworks, Inc		68,650
	20,747	*,e	RealPage, Inc		334,130
	75,406	*	Red Hat, Inc		4,382,597
	3,209		Reis, Inc		69,346
	7,220	*,e	Rocket Fuel, Inc		190,680
	8,026	*	Rosetta Stone, Inc		77,371
	37,512	*	Rovi Corp		876,655
	3,008	*,e	Rubicon Project, Inc		35,825
	17,425	*,e	Sabre Corp		330,727
	244,006	*	Salesforce.com, Inc		13,237,326
	9,731		Sapiens International Corp NV		70,258
	45,526	*	Sapient Corp		671,964
	16,805		Science Applications International Corp		701,945
	11,070	*	Sciquest, Inc		170,367
	13,463	*	Seachange International, Inc		100,838
	57,165	*	ServiceNow, Inc		3,361,302
	26,981	*,e	ServiceSource International LLC		119,526
	5,973	*,e	Shutterstock, Inc		465,536
	13,750	*	Silver Spring Networks, Inc		146,850
	26,239	*	SolarWinds, Inc		1,079,472
	27,434		Solera Holdings, Inc		1,755,776
	47,005	*	Splunk, Inc		2,210,175
	6,421	*	SPS Commerce, Inc		342,560
	27,006	*	SS&C Technologies Holdings, Inc		1,169,630
	5,602	*	Stamps.com, Inc		177,191
	15,251	*	Sykes Enterprises, Inc		315,696
	275,336		Symantec Corp		6,514,450
	13,984	*	Synchronoss Technologies, Inc		565,093
	62,003	*	Synopsys, Inc		2,341,853
	6,330	*	Syntel, Inc		546,722
	15,391	*	TA Indigo Holding Corp		123,436

158

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	15,011	*	Tableau Software, Inc	$	975,715
	38,339	*	Take-Two Interactive Software, Inc		858,027
	15,467	*	Tangoe, Inc		213,445
	16,987	*	TeleCommunication Systems, Inc (Class A)		53,509
	10,125	*	TeleNav, Inc		50,321
	7,285	*	TeleTech Holdings, Inc		200,556
	62,737	*	Teradata Corp		2,644,992
	7,569	*,e	Textura Corp		188,998
	64,535	*	TIBCO Software, Inc		1,245,526
	45,995	*	TiVo, Inc		619,093
	66,358		Total System Services, Inc		2,123,456
	4,367	*	Travelzoo, Inc		75,287
	13,220	*,e	Tremor Video, Inc		49,178
	3,307	*,e	TrueCar, Inc		44,876
	14,778	*,e	Trulia, Inc		894,512
	190,621	*	Twitter, Inc		8,614,163
	13,128	*	Tyler Technologies, Inc		1,191,103
	11,301	*	Ultimate Software Group, Inc		1,524,618
	20,494	*	Unisys Corp		436,317
	38,963	*	Unwired Planet, Inc		77,926
	48,785	*	Vantiv, Inc		1,599,172
	2,125	*,e	Varonis Systems, Inc		44,795
	11,802	*	Vasco Data Security International		160,153
	44,242	*	VeriFone Systems, Inc		1,482,549
	21,361	*	Verint Systems, Inc		1,002,685
	49,074	*,e	VeriSign, Inc		2,652,450
	16,673	*,e	VirnetX Holding Corp		233,089
	10,239	*	Virtusa Corp		320,276
	199,523		Visa, Inc (Class A)		42,101,348
	13,744	*,e	VistaPrint Ltd		677,029
	34,748	*	VMware, Inc (Class A)		3,452,561
	27,962	*,e	Vringo, Inc		91,156
	15,481	*,e	WebMD Health Corp (Class A)		771,418
	20,610	*	Website Pros, Inc		547,196
	222,867	e	Western Union Co		3,893,486
	5,611	*,e	Wix.com Ltd		95,106
	37,273	*	Workday, Inc		3,124,968
	464,311		Xerox Corp		6,156,764
	12,453	*	Xoom Corp		269,732
	400,493	*	Yahoo!, Inc		14,341,654
	20,190	*	Yelp, Inc		1,355,960
	7,470	*,e	YuMe, Inc		44,596
	4,002	*,e	Zendesk, Inc		69,595
	12,357	*,e	Zillow, Inc		1,773,600
	23,238	*	Zix Corp		80,636
	288,329	*	Zynga, Inc		841,921
			TOTAL SOFTWARE & SERVICES		886,425,207
TECHNOLOGY HARDWARE & EQUIPMENT - 5.9%
	43,678	*,e	3D Systems Corp		2,189,578
	22,562		Adtran, Inc		501,779
	5,601	*	Agilysys, Inc		73,653

159

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	5,160		Alliance Fiber Optic Products, Inc	$	69,041
	63,275		Amphenol Corp (Class A)		6,085,157
	11,053		Anixter International, Inc		950,226
	2,399,125		Apple, Inc		229,284,376
	5,899	*	Applied Optoelectronics, Inc		106,182
	50,088	*	ARRIS Group, Inc		1,711,507
	39,589	*	Arrow Electronics, Inc		2,294,183
	44,947	*	Aruba Networks, Inc		802,753
	54,561		Avnet, Inc		2,309,567
	21,648		AVX Corp		294,413
	8,246	*	AX Holding Corp		87,078
	5,631		Badger Meter, Inc		280,987
	4,074		Bel Fuse, Inc (Class B)		96,309
	16,843		Belden CDT, Inc		1,143,640
	21,281	*	Benchmark Electronics, Inc		513,936
	6,118		Black Box Corp		126,643
	38,274	*,e	Bookham, Inc		71,190
	173,985		Brocade Communications Systems, Inc		1,602,402
	14,389	*,e	CalAmp Corp		244,757
	16,699	*	Calix Networks, Inc		155,134
	34,589		CDW Corp		1,068,454
	16,366	*	Checkpoint Systems, Inc		200,320
	41,458	*,e	Ciena Corp		809,675
	2,038,170		Cisco Systems, Inc		51,423,029
	4,709	*,e	Clearfield, Inc		60,605
	35,298		Cognex Corp		1,446,512
	9,960		Coherent, Inc		586,744
	24,714	*	CommScope Holding Co, Inc		608,953
	6,617		Comtech Telecommunications Corp		223,655
	4,850	*,e	Control4 Corp		81,528
	520,580		Corning, Inc		10,229,397
	16,155	*	Cray, Inc		428,431
	13,448		CTS Corp		233,861
	8,443	*,e	CUI Global, Inc		52,431
	15,342		Daktronics, Inc		170,296
	25,760		Diebold, Inc		970,637
	10,399	*	Digi International, Inc		85,896
	19,072	e	Dolby Laboratories, Inc (Class A)		851,374
	21,804	*	Dot Hill Systems Corp		85,690
	7,017	*	DTS, Inc		126,938
	7,109	*,e	Eastman Kodak Co		168,057
	17,171	*	EchoStar Corp (Class A)		870,570
	7,109		Electro Rent Corp		108,412
	10,102		Electro Scientific Industries, Inc		60,410
	18,628	*	Electronics for Imaging, Inc		820,936
	814,633		EMC Corp		23,868,747
	30,938	*	Emulex Corp		181,915
	35,807	*	Extreme Networks, Inc		168,293
	29,756	*	F5 Networks, Inc		3,350,228
	13,918	*	Fabrinet		258,875
	6,814	*	FARO Technologies, Inc		344,993
	16,823		FEI Co		1,288,642

160

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	38,470	*,e	Finisar Corp	$	759,013
	57,308		Flir Systems, Inc		1,907,210
	12,192	*	GSI Group, Inc		140,574
	39,552	*	Harmonic, Inc		237,312
	43,138		Harris Corp		2,945,031
	754,158		Hewlett-Packard Co		26,855,566
	11,513	*	Immersion Corp		157,152
	48,653	*,e	Infinera Corp		447,608
	58,556	*	Ingram Micro, Inc (Class A)		1,680,557
	16,136	*	Insight Enterprises, Inc		423,893
	16,183		InterDigital, Inc		713,508
	9,257	*	Intevac, Inc		58,689
	28,245	*,e	InvenSense, Inc		649,917
	13,197	e	IPG Photonics Corp		888,818
	15,658	*	Itron, Inc		563,375
	22,924	*	Ixia		245,287
	80,813		Jabil Circuit, Inc		1,613,027
	92,020	*	JDS Uniphase Corp		1,092,277
	188,555	*	Juniper Networks, Inc		4,438,585
	18,784	*	Kemet Corp		92,605
	33,840	*	Knowles Corp		984,067
	5,979	*	KVH Industries, Inc		77,787
	25,702		Lexmark International, Inc (Class A)		1,234,467
	8,981		Littelfuse, Inc		780,629
	11,856	*	Maxwell Technologies, Inc		128,993
	6,337	*	Measurement Specialties, Inc		544,919
	13,539	*	Mercury Computer Systems, Inc		149,606
	1,138		Mesa Laboratories, Inc		87,023
	15,098		Methode Electronics, Inc		482,834
	89,312		Motorola, Inc		5,687,388
	6,091		MTS Systems Corp		402,006
	3,946	*	Multi-Fineline Electronix, Inc		38,513
	39,442		National Instruments Corp		1,255,833
	66,783	*	NCR Corp		2,066,934
	131,821		NetApp, Inc		5,119,928
	14,600	*	Netgear, Inc		457,126
	15,808	*	Newport Corp		273,636
	3,600	*,e	Nimble Storage, Inc		93,168
	5,940	*	Numerex Corp		59,697
	7,256	*	Oplink Communications, Inc		138,299
	7,973	*	OSI Systems, Inc		528,610
	20,645	*	Palo Alto Networks, Inc		1,669,355
	8,151		Park Electrochemical Corp		229,532
	38,779	*,e	Parkervision, Inc		48,474
	3,831		PC Connection, Inc		78,267
	16,902		Plantronics, Inc		793,887
	13,431	*	Plexus Corp		528,241
	55,882	*	Polycom, Inc		716,407
	8,174	*,e	Procera Networks, Inc		81,822
	34,549	*	QLogic Corp		314,396
	671,634		Qualcomm, Inc		49,499,426
	89,500	*,e	Quantum Corp		111,875

161

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	16,011	*,e	RealD, Inc	$	169,236
	63,928	*	Riverbed Technology, Inc		1,144,311
	12,287	*	Rofin-Sinar Technologies, Inc		268,225
	7,159	*	Rogers Corp		410,640
	25,574	*	Ruckus Wireless, Inc		330,160
	89,922		SanDisk Corp		8,246,747
	32,670	*	Sanmina Corp		760,884
	11,360	*	Scansource, Inc		406,802
	24,252	*	ShoreTel, Inc		149,877
	13,572	*,e	Silicon Graphics International Corp		129,070
	98,513	*	Sonus Networks, Inc		347,751
	20,353	*	Speed Commerce, Inc		63,298
	19,637	*,e	Stratasys Ltd		1,974,304
	13,654	*	Super Micro Computer, Inc		357,325
	14,300	*	Synaptics, Inc		1,032,889
	11,305	*	SYNNEX Corp		729,172
	15,228	*	Tech Data Corp		956,166
	2,797		Tessco Technologies, Inc		85,309
	103,836	*	Trimble Navigation Ltd		3,208,532
	21,256	*	TTM Technologies, Inc		159,633
	11,800	e	Ubiquiti Networks, Inc		451,114
	16,130	*,e	Universal Display Corp		494,546
	16,534	*	Viasat, Inc		966,743
	2,233	*	Viasystems Group, Inc		21,861
	31,816	*,e	Violin Memory, Inc		125,991
	50,091		Vishay Intertechnology, Inc		737,840
	5,516	*	Vishay Precision Group, Inc		79,596
	87,774		Western Digital Corp		8,762,478
	20,035	*	Zebra Technologies Corp (Class A)		1,604,202
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		506,976,846
TELECOMMUNICATION SERVICES - 2.3%
	34,713	*	8x8, Inc		280,481
	2,065,285		AT&T, Inc		73,503,493
	3,536		Atlantic Tele-Network, Inc		206,891
	9,315	*	Boingo Wireless, Inc		56,915
	227,904		CenturyTel, Inc		8,942,953
	80,190	*	Cincinnati Bell, Inc		305,524
	18,621		Cogent Communications Group, Inc		646,335
	16,085		Consolidated Communications Holdings, Inc		359,982
	5,728		Enventis Corp		93,825
	8,375	*,e	Fairpoint Communications, Inc		122,275
	394,767	e	Frontier Communications Corp		2,585,724
	13,887	*	General Communication, Inc (Class A)		153,313
	108,646	*,e	Globalstar, Inc		430,238
	3,994	*,e	Hawaiian Telcom Holdco, Inc		112,631
	6,869		IDT Corp (Class B)		107,088
	24,055	*	inContact, Inc		192,199
	12,998		Inteliquent, Inc		137,909
	10,667	*	Intelsat S.A.		197,766
	31,918	*,e	Iridium Communications, Inc		261,089
	71,672	*	Level 3 Communications, Inc		3,152,135

162

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	7,188		Lumos Networks Corp	$	110,264
	6,901	e	NTELOS Holdings Corp		83,088
	18,108	*	Orbcomm, Inc		113,718
	19,090	*	Premiere Global Services, Inc		250,079
	11,280	*,e	RingCentral, Inc		168,410
	51,294	*	SBA Communications Corp (Class A)		5,484,867
	9,480		Shenandoah Telecom Co		262,691
	8,964	*	Spok Holdings, Inc		134,191
	289,729	*	Sprint Corp		2,129,508
	37,784		Telephone & Data Systems, Inc		944,600
	105,583		T-Mobile US, Inc		3,477,904
	55,272	*	tw telecom inc (Class A)		2,251,781
	5,233		US Cellular Corp		204,558
	1,647,655		Verizon Communications, Inc		83,074,765
	67,718	*	Vonage Holdings Corp		235,659
	238,965	e	Windstream Holdings, Inc		2,738,539
			TOTAL TELECOMMUNICATION SERVICES		193,513,388
TRANSPORTATION - 2.3%
	22,768	*	Air Transport Services Group, Inc		174,631
	54,256		Alaska Air Group, Inc		2,385,636
	5,558		Allegiant Travel Co		654,510
	3,092		Amerco, Inc		813,691
	286,246	*	American Airlines Group, Inc		11,120,657
	10,986		Arkansas Best Corp		348,586
	12,986	*	Atlas Air Worldwide Holdings, Inc		444,381
	41,916	*	Avis Budget Group, Inc		2,355,260
	16,473	e	Baltic Trading Ltd		83,848
	8,394		Celadon Group, Inc		178,289
	59,076		CH Robinson Worldwide, Inc		3,985,267
	22,628		Con-Way, Inc		1,116,692
	13,260		Copa Holdings S.A. (Class A)		2,013,796
	400,509		CSX Corp		11,983,229
	337,294		Delta Air Lines, Inc		12,635,033
	9,173	*	Echo Global Logistics, Inc		201,898
	78,628		Expeditors International of Washington, Inc		3,395,157
	117,317		FedEx Corp		17,231,521
	12,492		Forward Air Corp		559,267
	20,563	*	Genesee & Wyoming, Inc (Class A)		2,050,748
	18,112	*,e	Hawaiian Holdings, Inc		252,300
	21,551		Heartland Express, Inc		483,820
	177,040	*	Hertz Global Holdings, Inc		4,996,069
	14,356	*	Hub Group, Inc (Class A)		662,960
	1,603		International Shipholding Corp		33,984
	36,456		J.B. Hunt Transport Services, Inc		2,816,591
	98,880	*,e	JetBlue Airways Corp		1,059,994
	43,909		Kansas City Southern Industries, Inc		4,788,716
	21,700	*	Kirby Corp		2,527,182
	23,195		Knight Transportation, Inc		555,752
	13,061		Knightsbridge Tankers Ltd		148,895
	17,883		Landstar System, Inc		1,182,603
	9,209		Marten Transport Ltd		186,390

163

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	17,042		Matson, Inc	$	459,282
	28,464		Navios Maritime Holdings, Inc		226,858
	123,510		Norfolk Southern Corp		12,556,027
	24,980	*	Old Dominion Freight Line		1,585,730
	1,099	*	PAM Transportation Services, Inc		38,201
	3,699		Park-Ohio Holdings Corp		219,573
	2,632	*	Patriot Transportation Holding, Inc		87,540
	10,927	*	Quality Distribution, Inc		145,875
	18,858	*	Republic Airways Holdings, Inc		187,448
	10,363	*	Roadrunner Transportation Services Holdings, Inc		260,526
	21,193		Ryder System, Inc		1,825,353
	12,840		Safe Bulkers, Inc		93,604
	9,670	*	Saia, Inc		441,435
	51,400	*	Scorpio Bulkers, Inc		395,266
	20,473		Skywest, Inc		218,856
	275,842		Southwest Airlines Co		7,800,812
	28,916	*	Spirit Airlines, Inc		1,891,685
	33,719	*	Swift Transportation Co, Inc		689,554
	148,277	*	UAL Corp		6,878,570
	6,896	*,e	Ultrapetrol Bahamas Ltd		22,481
	361,619		Union Pacific Corp		35,550,764
	281,612		United Parcel Service, Inc (Class B)		27,341,709
	2,557		Universal Truckload Services, Inc		62,109
	2,325	*,e	USA Truck, Inc		43,012
	36,586		UTI Worldwide, Inc		346,104
	17,944		Werner Enterprises, Inc		441,063
	20,993	*	Wesco Aircraft Holdings, Inc		397,817
	20,782	*,e	XPO Logistics, Inc		641,956
	14,424	*,e	YRC Worldwide, Inc		377,620
			TOTAL TRANSPORTATION		194,654,183
UTILITIES - 3.0%
	284,519		AES Corp		4,156,823
	46,760		AGL Resources, Inc		2,414,686
	17,560		Allete, Inc		823,915
	44,601		Alliant Energy Corp		2,519,957
	96,164		Ameren Corp		3,697,506
	193,878		American Electric Power Co, Inc		10,079,717
	15,723		American States Water Co		480,338
	70,963		American Water Works Co, Inc		3,389,903
	70,438		Aqua America, Inc		1,675,016
	3,086		Artesian Resources Corp		67,244
	47,267	e	Atlantic Power Corp		178,197
	39,788		Atmos Energy Corp		1,922,556
	23,991		Avista Corp		744,441
	16,898		Black Hills Corp		890,694
	19,543		California Water Service Group		444,994
	168,334	*	Calpine Corp		3,710,081
	170,832		Centerpoint Energy, Inc		4,154,634
	3,862		Chesapeake Utilities Corp		251,378
	24,056		Cleco Corp		1,340,881
	104,391		CMS Energy Corp		3,020,032

164

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	4,434		Connecticut Water Service, Inc	$	141,400
	116,593		Consolidated Edison, Inc		6,539,701
	231,434		Dominion Resources, Inc		15,654,196
	70,459		DTE Energy Co		5,201,283
	281,396		Duke Energy Corp		20,297,093
	40,822	*	Dynegy, Inc		1,083,824
	129,568		Edison International		7,100,326
	16,059		El Paso Electric Co		591,774
	17,300		Empire District Electric Co		424,023
	71,392		Entergy Corp		5,199,479
	341,318		Exelon Corp		10,608,163
	165,458		FirstEnergy Corp		5,163,944
	61,218		Great Plains Energy, Inc		1,517,594
	40,311	e	Hawaiian Electric Industries, Inc		952,146
	19,972		Idacorp, Inc		1,069,501
	32,018		Integrys Energy Group, Inc		2,099,100
	62,768		ITC Holdings Corp		2,265,925
	13,010		Laclede Group, Inc		611,210
	74,813		MDU Resources Group, Inc		2,357,358
	15,712		MGE Energy, Inc		591,085
	6,217		Middlesex Water Co		126,329
	31,368		National Fuel Gas Co		2,161,569
	17,199		New Jersey Resources Corp		878,525
	173,547		NextEra Energy, Inc		16,294,328
	125,364		NiSource, Inc		4,723,716
	125,668		Northeast Utilities		5,516,825
	10,943	e	Northwest Natural Gas Co		472,956
	15,496		NorthWestern Corp		716,225
	132,020		NRG Energy, Inc		4,087,339
	8,540	e	NRG Yield, Inc		446,215
	79,342		OGE Energy Corp		2,852,345
	20,651		ONE Gas, Inc		743,436
	6,871	e	Ormat Technologies, Inc		177,203
	14,601		Otter Tail Corp		408,244
	14,915		Pattern Energy Group, Inc		462,216
	98,998		Pepco Holdings, Inc		2,658,096
	185,109		PG&E Corp		8,268,819
	33,157		Piedmont Natural Gas Co, Inc		1,150,216
	43,915		Pinnacle West Capital Corp		2,349,013
	31,726		PNM Resources, Inc		813,772
	31,029		Portland General Electric Co		990,756
	249,542		PPL Corp		8,232,391
	201,282		Public Service Enterprise Group, Inc		7,079,088
	69,734		Questar Corp		1,550,884
	56,043		SCANA Corp		2,851,468
	97,660		Sempra Energy		9,737,679
	6,388		SJW Corp		171,262
	13,180		South Jersey Industries, Inc		706,053
	354,686		Southern Co		15,354,357
	18,509		Southwest Gas Corp		916,751
	86,837		TECO Energy, Inc		1,516,174
	45,340		UGI Corp		2,200,804

165

TIAA-CREF FUNDS - Equity Index Fund

SHARES			COMPANY	VALUE
	22,593		UIL Holdings Corp	$	793,240
	5,521		Unitil Corp		176,672
	17,516		UNS Energy Corp		1,058,317
	33,919		Vectren Corp		1,291,975
	51,005	e	Westar Energy, Inc		1,838,220
	20,634		WGL Holdings, Inc		804,313
	89,684		Wisconsin Energy Corp		3,908,429
	199,613		Xcel Energy, Inc		6,148,080
	4,886		York Water Co		92,981
			TOTAL UTILITIES		258,159,399
			TOTAL COMMON STOCKS		8,533,160,471
			(Cost $5,813,794,334)
RIGHTS / WARRANTS - 0.0%
ENERGY - 0.0%
	7,432	m	Magnum Hunter Resources Corp		0
			TOTAL ENERGY		0
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0%
	12,340	m	Trius Therapeutics, Inc		1,604
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		1,604
TELECOMMUNICATION SERVICES - 0.0%
	19,784	m	Leap Wireless International, Inc		49,856
			TOTAL TELECOMMUNICATION SERVICES		49,856
			TOTAL RIGHTS / WARRANTS		51,460
			(Cost $49,856)
SHORT-TERM INVESTMENTS - 3.0%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 3.0%
	257,747,526	a,c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		257,747,526
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		257,747,526
			TOTAL SHORT-TERM INVESTMENTS		257,747,526
			(Cost $257,747,526)
			TOTAL INVESTMENTS - 102.7%		8,790,959,457
			(Cost $6,071,591,716)
			OTHER ASSETS & LIABILITIES, NET - (2.7)%		(234,912,012	)
			NET ASSETS - 100.0%	$	8,556,047,445

166

TIAA-CREF FUNDS - Equity Index Fund

Abbreviation(s):
ETF	Exchange Traded Fund
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 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 $245,388,650.
m	Indicates a security that has been deemed illiquid.

167

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

TIAA-CREF FUNDS
LARGE-CAP GROWTH INDEX FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.2%
AUTOMOBILES & COMPONENTS - 0.7%
	40,638		BorgWarner, Inc	$	2,529,715
	15,249		Gentex Corp		440,696
	45,063		Goodyear Tire & Rubber Co		1,134,236
	38,799		Harley-Davidson, Inc		2,398,554
	31,528		Johnson Controls, Inc		1,489,383
	11,831		Lear Corp		1,114,125
	17,081	*,e	Tesla Motors, Inc		3,814,187
	8,179		Thor Industries, Inc		433,242
			TOTAL AUTOMOBILES & COMPONENTS		13,354,138
BANKS - 0.1%
	3,467	*,e	Nationstar Mortgage Holdings, Inc		105,778
	18,712	*	Ocwen Financial Corp		564,541
	7,714	*	Signature Bank		882,404
	724	*	SVB Financial Group		78,931
			TOTAL BANKS		1,631,654
CAPITAL GOODS - 7.5%
	117,736		3M Co		16,587,825
	6,227		A.O. Smith Corp		290,801
	7,636		Acuity Brands, Inc		819,114
	981		Air Lease Corp		33,795
	17,140		Allegion plc		881,510
	24,006		Allison Transmission Holdings, Inc		702,896
	43,600		Ametek, Inc		2,122,884
	8,667	*	Armstrong World Industries, Inc		421,910
	18,703	*	BE Aerospace, Inc		1,592,373
	130,945		Boeing Co		15,776,254
	23,553		Caterpillar, Inc		2,372,965
	17,574		Chicago Bridge & Iron Co NV		1,042,490
	16,956	*	Colfax Corp		1,067,719
	3,389		Crane Co		232,519
	32,713		Cummins, Inc		4,559,865
	25,371		Danaher Corp		1,874,409
	14,220		Deere & Co		1,210,264
	23,143		Donaldson Co, Inc		897,717
	21,828		Dover Corp		1,871,969
	93,152		Emerson Electric Co		5,929,125
	52,453	e	Fastenal Co		2,326,291
	24,616		Flowserve Corp		1,822,569
	17,270		Fluor Corp		1,258,465
	12,354		Fortune Brands Home & Security, Inc		466,858
	17,710		Foster Wheeler AG.		583,722
	10,773		Graco, Inc		798,818

168

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	18,824	*	HD Supply Holdings, Inc	$	478,506
	17,659	*	Hexcel Corp		657,798
	139,380		Honeywell International, Inc		12,799,265
	1,689		Hubbell, Inc (Class B)		197,512
	7,458		Huntington Ingalls		678,081
	13,339		IDEX Corp		1,011,363
	61,119		Illinois Tool Works, Inc		5,034,372
	4,424		Ingersoll-Rand plc		260,087
	4,094		ITT Corp		188,201
	8,994		Lennox International, Inc		767,368
	4,810		Lincoln Electric Holdings, Inc		319,576
	48,987		Lockheed Martin Corp		8,179,359
	24,845		Manitowoc Co, Inc		659,883
	64,098		Masco Corp		1,333,238
	10,173	*	Middleby Corp		741,205
	8,318	*	MRC Global, Inc		223,172
	8,449		MSC Industrial Direct Co (Class A)		720,615
	1,899	*,e	Navistar International Corp		66,788
	11,602		Nordson Corp		872,122
	1,656	*,e	NOW, Inc		53,307
	57,737		Paccar, Inc		3,595,283
	19,507		Pall Corp		1,511,207
	14,119		Parker Hannifin Corp		1,622,979
	2,379		Pentair plc		152,423
	25,654		Precision Castparts Corp		5,869,635
	9,130	*	Quanta Services, Inc		305,764
	24,622		Rockwell Automation, Inc		2,749,293
	21,173		Rockwell Collins, Inc		1,551,346
	8,132		Roper Industries, Inc		1,171,577
	1,590		Snap-On, Inc		191,118
	7,903	*,e	SolarCity Corp		565,302
	19,947	*	Spirit Aerosystems Holdings, Inc (Class A)		649,674
	3,101		Stanley Works		271,182
	929		Timken Co		41,155
	10,059		Toro Co		596,800
	9,560		TransDigm Group, Inc		1,605,315
	21,592		Trinity Industries, Inc		942,275
	2,170		Triumph Group, Inc		137,470
	17,447	*	United Rentals, Inc		1,847,637
	18,244		United Technologies Corp		1,918,357
	16,583	*	USG Corp		438,620
	311	e	Valmont Industries, Inc		45,291
	228	*,e	Veritiv Corp		9,102
	10,739		W.W. Grainger, Inc		2,525,276
	9,971	*	WABCO Holdings, Inc		971,973
	17,783		Westinghouse Air Brake Technologies Corp		1,434,732
	23,673		Xylem, Inc		835,420
			TOTAL CAPITAL GOODS		136,343,151
COMMERCIAL & PROFESSIONAL SERVICES - 1.0%
	14,104		Cintas Corp		882,911
	7,944	*	Clean Harbors, Inc		457,813

169

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	20,093	*	Copart, Inc	$	670,704
	7,795		Covanta Holding Corp		159,174
	2,437		Dun & Bradstreet Corp		268,143
	11,603		Equifax, Inc		882,872
	12,100	*	IHS, Inc (Class A)		1,589,577
	27,136		Iron Mountain, Inc		909,327
	10,201		KAR Auction Services, Inc		298,991
	37,456		Nielsen Holdings NV		1,727,096
	19,754		Pitney Bowes, Inc		534,543
	3,632		R.R. Donnelley & Sons Co		63,052
	24,522		Robert Half International, Inc		1,192,995
	11,700		Rollins, Inc		331,227
	15,532	*	Stericycle, Inc		1,827,340
	73,115		Tyco International Ltd		3,154,912
	30,247	*	Verisk Analytics, Inc		1,816,030
	13,378		Waste Connections, Inc		633,315
	9,185		Waste Management, Inc		412,315
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		17,812,337
CONSUMER DURABLES & APPAREL - 2.0%
	9,532		Carter’s, Inc		729,770
	49,431		Coach, Inc		1,708,335
	6,147	*	Deckers Outdoor Corp		544,071
	4,701		DR Horton, Inc		97,311
	8,281	*	Fossil Group, Inc		811,538
	17,696		Hanesbrands, Inc		1,729,076
	12,083		Harman International Industries, Inc		1,311,610
	17,445		Hasbro, Inc		871,552
	7,031	*	Jarden Corp		393,033
	22,667	*	Kate Spade & Co		857,493
	11,902		Leggett & Platt, Inc		390,386
	1,911		Lennar Corp (Class A)		69,235
	21,838		Mattel, Inc		773,611
	36,617	*	Michael Kors Holdings Ltd		2,983,553
	29,680		Newell Rubbermaid, Inc		964,006
	126,184		Nike, Inc (Class B)		9,732,572
	785	*	NVR, Inc		884,271
	12,999		Phillips-Van Heusen Corp		1,432,230
	11,685		Polaris Industries, Inc		1,724,005
	7,867		Ralph Lauren Corp		1,226,151
	10,817	*	Tempur-Pedic International, Inc		591,798
	8,973		Tupperware Corp		653,055
	30,736	*	Under Armour, Inc (Class A)		2,051,628
	61,317		VF Corp		3,756,892
	1,201		Whirlpool Corp		171,311
			TOTAL CONSUMER DURABLES & APPAREL		36,458,493
CONSUMER SERVICES - 3.2%
	6,767		ARAMARK Holdings Corp		182,438
	7,065	*,e	Bally Technologies, Inc		425,101
	12,357		Brinker International, Inc		554,088
	18,317		Burger King Worldwide, Inc		483,203

170

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	5,641	*	Chipotle Mexican Grill, Inc (Class A)	$	3,793,573
	1,210		Choice Hotels International, Inc		56,737
	9,854		Domino’s Pizza, Inc		709,488
	18,892		Dunkin Brands Group, Inc		809,711
	49,919		H&R Block, Inc		1,603,898
	24,005	*	Hilton Worldwide Holdings, Inc		581,161
	411	*	Hyatt Hotels Corp		24,179
	67,282		Las Vegas Sands Corp		4,968,776
	34,495		Marriott International, Inc (Class A)		2,232,171
	176,274		McDonald’s Corp		16,668,469
	5,627	*	MGM Mirage		151,029
	14,919	*	Norwegian Cruise Line Holdings Ltd		489,045
	4,652	*	Panera Bread Co (Class A)		685,240
	14,033		SeaWorld Entertainment, Inc		390,819
	29,487		Service Corp International		619,227
	12,965		Six Flags Entertainment Corp		495,522
	135,292		Starbucks Corp		10,509,483
	15,323		Starwood Hotels & Resorts Worldwide, Inc		1,177,419
	22,633		Wyndham Worldwide Corp		1,709,923
	14,522		Wynn Resorts Ltd		3,096,090
	78,451		Yum! Brands, Inc		5,444,499
			TOTAL CONSUMER SERVICES		57,861,289
DIVERSIFIED FINANCIALS - 3.4%
	10,036	*	Affiliated Managers Group, Inc		1,999,673
	43,305	*,e	Ally Financial, Inc		994,283
	162,754		American Express Co		14,322,352
	11,808		Ameriprise Financial, Inc		1,412,237
	4,896		Artisan Partners Asset Management, Inc		255,082
	8,676		BlackRock, Inc		2,643,837
	16,083		CBOE Holdings, Inc		779,543
	32,573		Charles Schwab Corp		903,901
	21,405		Eaton Vance Corp		751,958
	12,283	e	Federated Investors, Inc (Class B)		346,626
	57,943		Franklin Resources, Inc		3,137,613
	8,679		IntercontinentalExchange Group, Inc		1,668,277
	11,328		Invesco Ltd		426,273
	174,444		iShares Russell 1000 Growth Index Fund		15,565,638
	21,961		Lazard Ltd (Class A)		1,148,560
	7,249		Legg Mason, Inc		343,965
	10,764		Leucadia National Corp		265,978
	15,528		LPL Financial Holdings, Inc		737,269
	48,372		McGraw-Hill Financial, Inc		3,880,402
	33,481		Moody’s Corp		2,912,847
	9,196	*	MSCI, Inc (Class A)		416,119
	6,755	*	NorthStar Asset Management Group, Inc		120,982
	1,027		Santander Consumer USA Holdings, Inc		19,688
	22,056		SEI Investments Co		790,046
	26,017		SLM Corp		230,511
	47,512		T Rowe Price Group, Inc		3,689,782
	42,806		TD Ameritrade Holding Corp		1,374,929
	15,577		Waddell & Reed Financial, Inc (Class A)		822,310
			TOTAL DIVERSIFIED FINANCIALS		61,960,681

171

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
ENERGY - 6.1%
	6,556		Anadarko Petroleum Corp	$	700,509
	9,428	*	Antero Resources Corp		544,561
	9,377	*	Athlon Energy, Inc		446,908
	2,983	*	Atwood Oceanics, Inc		143,631
	6,437		Baker Hughes, Inc		442,672
	74,341		Cabot Oil & Gas Corp		2,449,536
	23,368	*	Cameron International Corp		1,657,025
	42,733	*	Cheniere Energy, Inc		3,023,787
	21,553		Chesapeake Energy Corp		568,353
	1,870		Cimarex Energy Co		259,967
	58,185	*	Cobalt International Energy, Inc		932,124
	20,205	*	Concho Resources, Inc		2,844,864
	7,698	*,e	Continental Resources, Inc		1,129,912
	1,452	e	CVR Energy, Inc		68,360
	13,595	*	Dresser-Rand Group, Inc		809,038
	7,254	*	Dril-Quip, Inc		730,986
	97,700		EOG Resources, Inc		10,692,288
	24,440		EQT Corp		2,292,961
	42,189	*	FMC Technologies, Inc		2,565,091
	1,250	e	Frank’s International NV		28,937
	12,326	*	Gulfport Energy Corp		658,332
	150,946		Halliburton Co		10,413,765
	11,629		Helmerich & Payne, Inc		1,235,698
	6,724		Holly Corp		316,095
	32,874		Kinder Morgan, Inc		1,182,807
	18,746	*	Kosmos Energy LLC		180,524
	12,996	*,e	Laredo Petroleum Holdings, Inc		352,711
	33,300		Marathon Petroleum Corp		2,779,884
	6,115		Nabors Industries Ltd		166,083
	6,477		National Oilwell Varco, Inc		524,896
	45,653		Noble Energy, Inc		3,035,468
	18,403	*	Oasis Petroleum, Inc		983,640
	19,198		Oceaneering International, Inc		1,303,736
	19,514		Oneok, Inc		1,257,287
	13,106		Patterson-UTI Energy, Inc		450,191
	3,855		PBF Energy, Inc		104,470
	41,237		Phillips 66		3,344,733
	25,609		Pioneer Natural Resources Co		5,671,369
	4,358		Questar Market Resources, Inc		144,032
	29,452		Range Resources Corp		2,226,277
	8,295	*	Rice Energy, Inc		218,159
	10,891		RPC, Inc		245,048
	232,503		Schlumberger Ltd		25,201,000
	18,951	e	Seadrill Ltd		687,163
	1,539	*,e	Seventy Seven Energy, Inc		34,520
	62,930	*	Southwestern Energy Co		2,553,699
	12,180		St. Mary Land & Exploration Co		956,617
	1,902		Superior Energy Services		63,907
	6,706		Targa Resources Investments, Inc		855,015

172

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	4,151		Teekay Corp	$	231,045
	9,768		Tesoro Corp		601,123
	9,018	*,e	Ultra Petroleum Corp		206,693
	569	*	Unit Corp		36,046
	22,667		Valero Energy Corp		1,151,484
	2,175	*	Whiting Petroleum Corp		192,466
	133,603		Williams Cos, Inc		7,565,938
	4,001		World Fuel Services Corp		171,843
			TOTAL ENERGY		109,635,274
FOOD & STAPLES RETAILING - 1.7%
	74,152		Costco Wholesale Corp		8,715,826
	29,496		CVS Corp		2,252,314
	90,571		Kroger Co		4,436,168
	119,219	*	Rite Aid Corp		797,575
	17,709	*,e	Sprouts Farmers Market, Inc		540,302
	38,962		Sysco Corp		1,390,554
	128,350		Walgreen Co		8,826,629
	30,286		Wal-Mart Stores, Inc		2,228,444
	28,420		Whole Foods Market, Inc		1,086,212
			TOTAL FOOD & STAPLES RETAILING		30,274,024
FOOD, BEVERAGE & TOBACCO - 6.9%
	335,621		Altria Group, Inc		13,626,213
	11,392		Archer Daniels Midland Co		528,589
	27,336		Brown-Forman Corp (Class B)		2,368,664
	20,560		Campbell Soup Co		855,090
	710,680		Coca-Cola Co		27,922,617
	45,180		Coca-Cola Enterprises, Inc		2,053,431
	26,815	*	Constellation Brands, Inc (Class A)		2,232,617
	34,914		Dr Pepper Snapple Group, Inc		2,051,547
	30,867		Flowers Foods, Inc		589,251
	109,931		General Mills, Inc		5,513,040
	8,156	*	Hain Celestial Group, Inc		697,338
	26,863		Hershey Co		2,367,973
	13,484		Hillshire Brands Co		846,391
	23,698		Hormel Foods Corp		1,072,571
	1,988		Ingredion, Inc		146,376
	41,967		Kellogg Co		2,510,886
	25,364		Keurig Green Mountain, Inc		3,025,418
	106,384		Kraft Foods Group, Inc		5,700,587
	65,064		Lorillard, Inc		3,935,071
	23,127		McCormick & Co, Inc		1,521,294
	36,244		Mead Johnson Nutrition Co		3,314,151
	25,454	*	Monster Beverage Corp		1,628,038
	270,694		PepsiCo, Inc		23,848,142
	165,214		Philip Morris International, Inc		13,549,200
	1,450	*	Pilgrim’s Pride Corp		40,542
	41,825		Reynolds American, Inc		2,335,926
	2,919	*	Tyson Foods, Inc (Class A)		108,616
	30,924	*	WhiteWave Foods Co (Class A)		921,226
			TOTAL FOOD, BEVERAGE & TOBACCO		125,310,805

173

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
HEALTH CARE EQUIPMENT & SERVICES - 3.6%
	18,946		Aetna, Inc	$	1,468,883
	14,499	*	Align Technology, Inc		785,991
	11,524	*	Allscripts Healthcare Solutions, Inc		183,462
	40,035		AmerisourceBergen Corp		3,079,092
	6,725	*,e	athenahealth, Inc		836,590
	13,610		Bard (C.R.), Inc		2,031,020
	96,420		Baxter International, Inc		7,201,610
	34,372		Becton Dickinson & Co		3,995,401
	22,388	*	Boston Scientific Corp		286,119
	28,868	*	Brookdale Senior Living, Inc		1,000,276
	4,884		Cardinal Health, Inc		349,939
	36,700	*	Catamaran Corp		1,669,483
	10,313	*	Centene Corp		743,464
	52,951	*	Cerner Corp		2,922,895
	3,472		Cigna Corp		312,619
	6,345		Cooper Cos, Inc		1,020,784
	10,961	*	DaVita, Inc		772,093
	7,833		Dentsply International, Inc		363,608
	18,865	*	Edwards Lifesciences Corp		1,702,566
	14,405	*	Envision Healthcare Holdings, Inc		514,979
	119,822	*	Express Scripts Holding Co		8,345,602
	5,517		HCA Holdings, Inc		360,315
	15,380	*	Henry Schein, Inc		1,787,925
	665		Hill-Rom Holdings, Inc		26,201
	14,342	*	Hologic, Inc		373,896
	9,871	*	Idexx Laboratories, Inc		1,228,742
	12,910	*,e	IMS Health Holdings, Inc		336,951
	5,929	*	Intuitive Surgical, Inc		2,712,814
	6,874	*	Laboratory Corp of America Holdings		712,765
	41,243		McKesson Corp		7,912,882
	1,915		Patterson Cos, Inc		74,704
	11,675	*	Pediatrix Medical Group, Inc		690,927
	5,738	*	Premier, Inc		162,385
	24,927	e	Resmed, Inc		1,289,723
	6,459	*	Sirona Dental Systems, Inc		518,012
	32,526		St. Jude Medical, Inc		2,120,370
	35,617		Stryker Corp		2,841,168
	17,370	*	Tenet Healthcare Corp		916,615
	3,495		Universal Health Services, Inc (Class B)		372,567
	18,686	*	Varian Medical Systems, Inc		1,535,055
	6,578	*,e	Veeva Systems, Inc		156,556
	2,242		Zimmer Holdings, Inc		224,357
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		65,941,406
HOUSEHOLD & PERSONAL PRODUCTS - 1.4%
	31,642		Avon Products, Inc		417,674
	24,280		Church & Dwight Co, Inc		1,558,290
	18,940	e	Clorox Co		1,645,318
	146,464		Colgate-Palmolive Co		9,285,817
	9,897		Coty, Inc		169,338

174

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	40,859		Estee Lauder Cos (Class A)	$	3,001,502
	14,454	e	Herbalife Ltd		757,390
	55,509		Kimberly-Clark Corp		5,765,720
	10,655		Nu Skin Enterprises, Inc (Class A)		625,342
	28,748		Procter & Gamble Co		2,222,795
	3,779		Spectrum Brands, Inc		315,169
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		25,764,355
INSURANCE - 0.5%
	2,293		American Financial Group, Inc		128,385
	41,484		Aon plc		3,499,590
	26,310		Arthur J. Gallagher & Co		1,183,950
	1,229		Brown & Brown, Inc		37,829
	4,337		Erie Indemnity Co (Class A)		317,555
	65,838		Marsh & McLennan Cos, Inc		3,342,595
	3,406		Reinsurance Group of America, Inc (Class A)		273,366
			TOTAL INSURANCE		8,783,270
MATERIALS - 4.2%
	13,207		Airgas, Inc		1,412,092
	5,761		Albemarle Corp		353,380
	2,631		Aptargroup, Inc		160,754
	5,697		Avery Dennison Corp		268,955
	24,780		Ball Corp		1,518,023
	731		Cabot Corp		38,297
	570		Carpenter Technology Corp		30,860
	2,633		Celanese Corp (Series A)		153,267
	6,049		Compass Minerals International, Inc		520,335
	24,632	*	Crown Holdings, Inc		1,146,620
	765		Cytec Industries, Inc		77,150
	34,105		Dow Chemical Co		1,741,742
	155,072		Du Pont (E.I.) de Nemours & Co		9,972,680
	9,047		Eagle Materials, Inc		821,649
	24,293		Eastman Chemical Co		1,913,803
	47,665		Ecolab, Inc		5,173,082
	23,670		FMC Corp		1,543,757
	25,186		Huntsman Corp		656,095
	14,447		International Flavors & Fragrances, Inc		1,459,003
	11,935		International Paper Co		566,912
	78,861		LyondellBasell Industries AF S.C.A		8,378,981
	10,987		Martin Marietta Materials, Inc		1,364,915
	94,606		Monsanto Co		10,698,993
	1,641		NewMarket Corp		635,067
	17,508	*	Owens-Illinois, Inc		546,075
	17,284		Packaging Corp of America		1,143,509
	15,109	*	Platform Specialty Products Corp		373,343
	24,574		PPG Industries, Inc		4,874,499
	51,832		Praxair, Inc		6,641,752
	895	*	Rayonier Advanced Materials, Inc		29,052
	1,128		Rockwood Holdings, Inc		89,044
	21,943		RPM International, Inc		969,442
	7,975		Scotts Miracle-Gro Co (Class A)		424,270

175

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	38,777		Sealed Air Corp	$	1,245,517
	15,303		Sherwin-Williams Co		3,155,938
	9,689		Sigma-Aldrich Corp		972,969
	8,059		Silgan Holdings, Inc		396,664
	26,524		Southern Copper Corp (NY)		871,579
	2,311	*	Tahoe Resources, Inc		61,126
	464	*	TimkenSteel Corp		20,189
	15,456		Valspar Corp		1,159,973
	6,312		Westlake Chemical Corp		551,606
	11,682	*	WR Grace & Co		1,063,062
			TOTAL MATERIALS		75,196,021
MEDIA - 5.4%
	10,648	*	AMC Networks, Inc		637,496
	34,711	e	Cablevision Systems Corp (Class A)		667,145
	86,468		CBS Corp (Class B)		4,913,976
	1,538		CBS Outdoor Americas, Inc		51,200
	14,153	*	Charter Communications, Inc		2,186,922
	20,480		Cinemark Holdings, Inc		671,744
	3,504		Clear Channel Outdoor Holdings, Inc (Class A)		26,455
	423,099		Comcast Corp (Class A)		22,733,109
	83,253	*	DIRECTV		7,163,921
	40,786	*	Discovery Communications, Inc (Class A)		3,475,375
	27,910		DISH Network Corp (Class A)		1,726,513
	75,262		Interpublic Group of Cos, Inc		1,483,414
	13,656		Lamar Advertising Co (Class A)		684,848
	14,286	e	Lions Gate Entertainment Corp		440,009
	13,061	*	Live Nation, Inc		303,146
	3,439		Morningstar, Inc		233,199
	46,049	*	Omnicom Group, Inc		3,222,970
	3,652	e	Regal Entertainment Group (Class A)		71,068
	18,783		Scripps Networks Interactive (Class A)		1,547,907
	510,316	e	Sirius XM Holdings, Inc		1,724,868
	16,759	*	Starz-Liberty Capital		477,799
	49,525		Time Warner Cable, Inc		7,186,077
	249,730		Twenty-First Century Fox, Inc		7,911,446
	76,494		Viacom, Inc (Class B)		6,323,759
	260,811		Walt Disney Co		22,398,449
			TOTAL MEDIA		98,262,815
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 9.3%
	286,289		AbbVie, Inc		14,984,366
	45,433	*	Actavis plc		9,734,475
	8,534		Agilent Technologies, Inc		478,672
	35,399	*	Alexion Pharmaceuticals, Inc		5,628,087
	21,973	*	Alkermes plc		939,565
	53,795		Allergan, Inc		8,922,439
	10,006	*	Alnylam Pharmaceuticals, Inc		540,824
	128,718		Amgen, Inc		16,397,386
	42,555	*	Biogen Idec, Inc		14,229,966
	25,947	*	BioMarin Pharmaceuticals, Inc		1,604,044
	105,055		Bristol-Myers Squibb Co		5,317,884

176

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	19,600	*	Bruker BioSciences Corp	$	445,508
	143,585	*	Celgene Corp		12,513,433
	4,312	*	Charles River Laboratories International, Inc		233,754
	9,336	*	Covance, Inc		783,477
	12,694	*	Cubist Pharmaceuticals, Inc		773,065
	27,431	*	Endo International plc		1,840,071
	275,014	*	Gilead Sciences, Inc		25,177,532
	22,979	*	Illumina, Inc		3,674,572
	25,674	*	Incyte Corp		1,221,312
	2,310	*	Intercept Pharmaceuticals, Inc		536,752
	10,714	*	Jazz Pharmaceuticals plc		1,497,067
	80,395		Johnson & Johnson		8,046,736
	4,838	*,e	Mallinckrodt plc		336,822
	13,593	*	Medivation, Inc		1,009,008
	72,722		Merck & Co, Inc		4,126,246
	5,196	*	Mettler-Toledo International, Inc		1,336,099
	66,878	*	Mylan Laboratories, Inc		3,301,767
	11,709	*,e	Myriad Genetics, Inc		422,695
	3,789	*	PerkinElmer, Inc		175,128
	5,372		Perrigo Co plc		808,217
	10,822	*,e	Pharmacyclics, Inc		1,303,402
	10,840		Questcor Pharmaceuticals, Inc		975,275
	5,044	*	Quintiles Transnational Holdings, Inc		277,067
	14,028	*	Regeneron Pharmaceuticals, Inc		4,435,934
	11,273	*	Salix Pharmaceuticals Ltd		1,487,021
	17,978	*,e	Seattle Genetics, Inc		632,826
	3,898		Techne Corp		363,761
	28,272		Thermo Electron Corp		3,435,048
	8,509	*	United Therapeutics Corp		773,808
	41,997	*	Vertex Pharmaceuticals, Inc		3,733,953
	15,170	*	Waters Corp		1,569,185
	88,833		Zoetis Inc		2,923,494
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		168,947,743
REAL ESTATE - 1.9%
	70,750		American Tower Corp		6,678,092
	15,324		Apartment Investment & Management Co (Class A)		523,774
	3,258		Boston Properties, Inc		389,168
	49,813	*	CBRE Group, Inc		1,536,233
	3,326		Columbia Property Trust, Inc		84,846
	60,063		Crown Castle International Corp		4,455,473
	10,704		Equity Lifestyle Properties, Inc		474,080
	20,395		Extra Space Storage, Inc		1,055,033
	8,468		Federal Realty Investment Trust		1,033,943
	2,522		Gaming and Leisure Properties, Inc		84,916
	28,982		Health Care REIT, Inc		1,844,125
	4,877		Healthcare Trust of America, Inc		58,085
	3,327	*	Howard Hughes Corp		483,812
	2,059		Jones Lang LaSalle, Inc		254,698
	6,755	*	NorthStar Realty Finance Corp		108,755
	7,425		Omega Healthcare Investors, Inc		271,310
	15,180		Plum Creek Timber Co, Inc		627,997

177

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	23,492		Public Storage, Inc	$	4,031,462
	2,685		Rayonier, Inc		91,451
	11,233	*	Realogy Holdings Corp		412,925
	41,311		Simon Property Group, Inc		6,948,097
	10,335		Tanger Factory Outlet Centers, Inc		358,108
	10,510		Taubman Centers, Inc		773,116
	24,749		Ventas, Inc		1,571,562
	7,486		Vornado Realty Trust		793,666
	10,916		Weyerhaeuser Co		341,889
			TOTAL REAL ESTATE		35,286,616
RETAILING - 6.7%
	2,081		Aaron’s, Inc		54,897
	3,030		Abercrombie & Fitch Co (Class A)		119,200
	13,051		Advance Auto Parts, Inc		1,580,607
	67,342	*	Amazon.com, Inc		21,077,373
	12,927	*	Autonation, Inc		689,268
	5,808	*	AutoZone, Inc		3,002,910
	15,344	*	Bed Bath & Beyond, Inc		971,122
	15,785		Best Buy Co, Inc		469,288
	3,077		Big Lots, Inc		134,619
	1,044	*,e	Cabela’s, Inc		60,928
	26,985	*	Carmax, Inc		1,317,138
	12,028		Chico’s FAS, Inc		190,163
	11,191		CST Brands, Inc		374,115
	2,738		Dick’s Sporting Goods, Inc		116,447
	3,090		Dillard’s, Inc (Class A)		368,390
	41,808	*	Dollar General Corp		2,309,056
	36,672	*	Dollar Tree, Inc		1,997,524
	18,035		Expedia, Inc		1,432,340
	16,027		Family Dollar Stores, Inc		1,198,018
	3,627		Foot Locker, Inc		172,391
	1,063	e	GameStop Corp (Class A)		44,614
	47,037		Gap, Inc		1,886,654
	25,235		Genuine Parts Co		2,089,963
	16,191		GNC Holdings, Inc		531,227
	85,445	*,e	Groupon, Inc		552,829
	245,909		Home Depot, Inc		19,881,743
	15,350	*	HomeAway, Inc		532,952
	1,776		Kohl’s Corp		95,087
	15,428		L Brands, Inc		894,361
	43,638	*	Liberty Interactive Corp		1,224,046
	13,083	*	Liberty Ventures		904,820
	53,669	*	LKQ Corp		1,403,713
	182,249		Lowe’s Companies, Inc		8,720,615
	49,971		Macy’s, Inc		2,887,824
	3,881	*	Murphy USA, Inc		191,799
	10,734	*	NetFlix, Inc		4,537,476
	24,412		Nordstrom, Inc		1,690,043
	18,956	*	O’Reilly Automotive, Inc		2,843,400
	3,503		Penske Auto Group, Inc		162,714
	17,630	e	Petsmart, Inc		1,201,308

178

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	9,225	*	Priceline.com, Inc	$	11,461,601
	37,754		Ross Stores, Inc		2,431,358
	22,012	*	Sally Beauty Holdings, Inc		571,211
	4,300	*,e	Sears Holdings Corp		164,045
	9,788		Signet Jewelers Ltd		996,320
	11,387		Target Corp		678,551
	20,015		Tiffany & Co		1,953,664
	124,573		TJX Companies, Inc		6,638,495
	24,674		Tractor Supply Co		1,533,982
	20,206	*	TripAdvisor, Inc		1,916,337
	11,548	*	Ulta Salon Cosmetics & Fragrance, Inc		1,066,227
	13,736	*	Urban Outfitters, Inc		490,787
	16,888		Williams-Sonoma, Inc		1,132,678
	2,301	*,e	zulily, Inc		79,661
			TOTAL RETAILING		121,027,899
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.1%
	110,439	*,e	Advanced Micro Devices, Inc		431,816
	20,860		Altera Corp		682,539
	25,446		Analog Devices, Inc		1,262,885
	144,545		Applied Materials, Inc		3,029,663
	85,980	*	Atmel Corp		705,036
	44,729		Avago Technologies Ltd		3,103,298
	12,147	*,e	Cree, Inc		573,703
	17,258	*,e	Freescale Semiconductor Holdings Ltd		345,505
	75,276		Intel Corp		2,551,104
	26,876		Kla-Tencor Corp		1,921,365
	7,670		Lam Research Corp		536,900
	42,135		Linear Technology Corp		1,859,628
	46,750		Maxim Integrated Products, Inc		1,370,243
	35,606	e	Microchip Technology, Inc		1,602,982
	167,845	*	Micron Technology, Inc		5,127,665
	16,257		Nvidia Corp		284,498
	40,231	*	ON Semiconductor Corp		344,377
	33,701		Skyworks Solutions, Inc		1,710,663
	15,257	*	SunEdison, Inc		305,140
	728	*,e	SunPower Corp		26,739
	4,481	e	Teradyne, Inc		81,644
	192,712		Texas Instruments, Inc		8,912,930
	47,697		Xilinx, Inc		1,961,778
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		38,732,101
SOFTWARE & SERVICES - 17.7%
	113,525		Accenture plc		9,000,262
	58,115		Activision Blizzard, Inc		1,300,614
	90,182	*	Adobe Systems, Inc		6,232,478
	32,466	*	Akamai Technologies, Inc		1,916,143
	9,631	*	Alliance Data Systems Corp		2,526,115
	3,807	*	Ansys, Inc		292,911
	31,987	*	Autodesk, Inc		1,706,507
	87,330		Automatic Data Processing, Inc		7,100,802
	12,342		Booz Allen Hamilton Holding Co		274,486

179

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	21,528		Broadridge Financial Solutions, Inc	$	869,085
	51,405	*	Cadence Design Systems, Inc		865,146
	26,351	*	Citrix Systems, Inc		1,784,753
	108,128	*	Cognizant Technology Solutions Corp (Class A)		5,303,678
	1,561		Computer Sciences Corp		97,391
	8,404	*,e	Concur Technologies, Inc		781,236
	5,104	*	CoStar Group, Inc		733,598
	4,371		DST Systems, Inc		393,696
	227,374	*	eBay, Inc		12,005,347
	42,798	*	Electronic Arts, Inc		1,438,013
	8,927	*	Equinix, Inc		1,915,020
	353,203	*	Facebook, Inc		25,660,198
	7,971	e	Factset Research Systems, Inc		957,556
	6,338		Fidelity National Information Services, Inc		357,463
	12,350	*,e	FireEye, Inc		438,425
	44,377	*	Fiserv, Inc		2,736,730
	14,739	*	FleetCor Technologies, Inc		1,957,192
	24,368	*	Fortinet, Inc		598,234
	17,002	*	Gartner, Inc		1,163,277
	3,102		Genpact Ltd		54,595
	12,768		Global Payments, Inc		884,439
	50,911	*	Google, Inc		29,100,727
	50,288	*	Google, Inc (Class A)		29,144,410
	5,456		IAC/InterActiveCorp		366,643
	17,879	*	Informatica Corp		567,122
	169,583		International Business Machines Corp		32,503,974
	50,203		Intuit, Inc		4,115,140
	15,109		Jack Henry & Associates, Inc		881,610
	18,534	*	LinkedIn Corp		3,347,982
	180,259		Mastercard, Inc (Class A)		13,366,205
	9,849	*	Micros Systems, Inc		666,088
	957,748		Microsoft Corp		41,336,404
	7,381	*,e	NetSuite, Inc		622,292
	589,107		Oracle Corp		23,794,032
	36,440	*	Pandora Media, Inc		915,373
	53,208		Paychex, Inc		2,182,060
	21,319	*	PTC, Inc		766,631
	20,850	*	Rackspace Hosting, Inc		631,547
	33,567	*	Red Hat, Inc		1,950,914
	7,821	*,e	Sabre Corp		148,443
	109,329	*	Salesforce.com, Inc		5,931,098
	25,590	*	ServiceNow, Inc		1,504,692
	11,653	*	SolarWinds, Inc		479,405
	12,214		Solera Holdings, Inc		781,696
	20,999	*	Splunk, Inc		987,373
	6,759	*	Tableau Software, Inc		439,335
	22,240	*	Teradata Corp		937,638
	28,961	*	TIBCO Software, Inc		558,947
	23,049		Total System Services, Inc		737,568
	85,192	*	Twitter, Inc		3,849,827
	22,133	*	Vantiv, Inc		725,520
	19,811	*	VeriFone Systems, Inc		663,867

180

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	22,200	*,e	VeriSign, Inc	$	1,199,910
	89,946		Visa, Inc (Class A)		18,979,505
	15,577	*	VMware, Inc (Class A)		1,547,731
	95,743	e	Western Union Co		1,672,630
	16,642	*	Workday, Inc		1,395,265
	9,027	*	Yelp, Inc		606,253
	5,693	*,e	Zillow, Inc		817,116
			TOTAL SOFTWARE & SERVICES		321,568,363
TECHNOLOGY HARDWARE & EQUIPMENT - 8.0%
	19,883	*,e	3D Systems Corp		996,735
	27,817		Amphenol Corp (Class A)		2,675,161
	1,079,704	d	Apple, Inc		103,187,311
	22,201	*	ARRIS Group, Inc		758,608
	4,979		Avnet, Inc		210,761
	15,197		CDW Corp		469,435
	11,085	*	CommScope Holding Co, Inc		273,134
	53,966		Corning, Inc		1,060,432
	11,487		Diebold, Inc		432,830
	1,869	*	EchoStar Corp (Class A)		94,758
	36,046		EMC Corp		1,056,148
	13,451	*	F5 Networks, Inc		1,514,448
	17,781		Flir Systems, Inc		591,752
	3,872		Harris Corp		264,341
	6,941	e	IPG Photonics Corp		467,476
	18,246	*	Juniper Networks, Inc		429,511
	8,975		Motorola, Inc		571,528
	17,667		National Instruments Corp		562,517
	2,851	*	NCR Corp		88,239
	21,238		NetApp, Inc		824,884
	9,233	*	Palo Alto Networks, Inc		746,580
	302,009		Qualcomm, Inc		22,258,063
	28,155	*	Riverbed Technology, Inc		503,975
	19,094		SanDisk Corp		1,751,111
	5,183	*,e	Stratasys Ltd		521,099
	46,354	*	Trimble Navigation Ltd		1,432,339
	8,979	*	Zebra Technologies Corp (Class A)		718,949
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		144,462,125
TELECOMMUNICATION SERVICES - 2.4%
	6,133		CenturyTel, Inc		240,659
	29,945	*	Level 3 Communications, Inc		1,316,981
	22,914	*	SBA Communications Corp (Class A)		2,450,194
	24,655	*	tw telecom inc (Class A)		1,004,445
	741,563		Verizon Communications, Inc		37,389,606
	100,322	e	Windstream Holdings, Inc		1,149,690
			TOTAL TELECOMMUNICATION SERVICES		43,551,575
TRANSPORTATION - 3.3%
	22,434		Alaska Air Group, Inc		986,423
	755		Amerco, Inc		198,686
	128,779	*	American Airlines Group, Inc		5,003,064

181

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

SHARES			COMPANY	VALUE
	18,720	*	Avis Budget Group, Inc	$	1,051,877
	26,434		CH Robinson Worldwide, Inc		1,783,238
	4,823		Copa Holdings S.A. (Class A)		732,469
	8,137		Delta Air Lines, Inc		304,812
	35,285		Expeditors International of Washington, Inc		1,523,606
	22,529		FedEx Corp		3,309,059
	4,266	*	Genesee & Wyoming, Inc (Class A)		425,448
	80,441	*	Hertz Global Holdings, Inc		2,270,045
	16,588		J.B. Hunt Transport Services, Inc		1,281,589
	15,142		Kansas City Southern Industries, Inc		1,651,386
	10,071	*	Kirby Corp		1,172,869
	9,385		Landstar System, Inc		620,630
	11,630		Norfolk Southern Corp		1,182,306
	11,182	*	Old Dominion Freight Line		709,833
	109,400		Southwest Airlines Co		3,093,832
	12,916	*	Spirit Airlines, Inc		844,965
	66,831	*	UAL Corp		3,100,290
	161,880		Union Pacific Corp		15,914,423
	126,643		United Parcel Service, Inc (Class B)		12,295,769
			TOTAL TRANSPORTATION		59,456,619
UTILITIES - 0.1%
	10,662	*	Calpine Corp		234,991
	6,021		Dominion Resources, Inc		407,260
	26,588		ITC Holdings Corp		959,827
			TOTAL UTILITIES		1,602,078
			TOTAL COMMON STOCKS		1,799,224,832
			(Cost $1,368,849,685)
SHORT-TERM INVESTMENTS - 1.9%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.9%
	34,604,994	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		34,604,994
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		34,604,994
			TOTAL SHORT-TERM INVESTMENTS		34,604,994
			(Cost $34,604,994)
			TOTAL INVESTMENTS - 101.1%		1,833,829,826
			(Cost $1,403,454,679)
			OTHER ASSETS & LIABILITIES, NET - (1.1)%		(20,734,397	)
			NET ASSETS - 100.0%	$	1,813,095,429

182

TIAA-CREF FUNDS - Large-Cap Growth Index Fund

	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 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 $32,945,951.

183

TIAA-CREF FUNDS - Large-Cap Value Index Fund

TIAA-CREF FUNDS
LARGE-CAP VALUE INDEX FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.5%
AUTOMOBILES & COMPONENTS - 1.6%
	909,912		Ford Motor Co	$	15,486,702
	375,563		General Motors Co		12,701,541
	14,650		Gentex Corp		423,385
	113,786		Johnson Controls, Inc		5,375,250
	3,845		Lear Corp		362,084
	25,782	*	TRW Automotive Holdings Corp		2,637,241
	11,524	*	Visteon Corp		1,100,542
			TOTAL AUTOMOBILES & COMPONENTS		38,086,745
BANKS - 11.1%
	38,328		Associated Banc-Corp		686,838
	2,462,914		Bank of America Corp		37,559,439
	10,319		Bank of Hawaii Corp		590,040
	23,363		BankUnited		729,860
	168,879		BB&T Corp		6,251,901
	6,521		BOK Financial Corp		431,951
	45,134		CIT Group, Inc		2,216,531
	712,008		Citigroup, Inc		34,824,311
	11,201		City National Corp		842,875
	42,747		Comerica, Inc		2,148,464
	19,125		Commerce Bancshares, Inc		861,772
	12,700		Cullen/Frost Bankers, Inc		990,219
	33,243		East West Bancorp, Inc		1,132,257
	199,950		Fifth Third Bancorp		4,094,976
	54,447		First Horizon National Corp		641,386
	82,180		First Niagara Financial Group, Inc		706,748
	32,311		First Republic Bank		1,509,570
	44,476		Fulton Financial Corp		504,358
	121,908		Hudson City Bancorp, Inc		1,188,603
	193,585		Huntington Bancshares, Inc		1,901,005
	889,188		JPMorgan Chase & Co		51,279,472
	208,019		Keycorp		2,816,577
	30,749	e	M&T Bank Corp		3,736,004
	897	*,e	Nationstar Mortgage Holdings, Inc		27,367
	103,798	e	New York Community Bancorp, Inc		1,648,312
	23,454		PacWest Bancorp		977,328
	73,316	e	People’s United Financial, Inc		1,064,548
	125,493		PNC Financial Services Group, Inc		10,360,702
	23,963	*	Popular, Inc		764,420
	322,644		Regions Financial Corp		3,271,610
	949	*	Signature Bank		108,556
	125,299		SunTrust Banks, Inc		4,767,627
	10,594	*	SVB Financial Group		1,154,958
	32,257		Synovus Financial Corp		759,652

184

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	38,292		TCF Financial Corp	$	605,397
	18,289	*	TFS Financial Corp		246,536
	403,611		US Bancorp		16,963,770
	1,121,801		Wells Fargo & Co		57,099,671
	43,005		Zions Bancorporation		1,239,404
			TOTAL BANKS		258,705,015
CAPITAL GOODS - 8.0%
	10,074		A.O. Smith Corp		470,456
	22,981	*	Aecom Technology Corp		780,205
	21,857		AGCO Corp		1,064,654
	22,069		Air Lease Corp		760,277
	7,407		Alliant Techsystems, Inc		962,392
	26,125		Babcock & Wilcox Co		810,920
	15,101		Carlisle Cos, Inc		1,208,382
	115,310		Caterpillar, Inc		11,617,482
	7,183		Crane Co		492,826
	109,315		Danaher Corp		8,076,192
	66,821		Deere & Co		5,687,135
	2,897		Donaldson Co, Inc		112,375
	10,028		Dover Corp		860,001
	111,810		Eaton Corp		7,594,135
	41,474		Emerson Electric Co		2,639,820
	43,577		Exelis, Inc		733,837
	14,247		Fluor Corp		1,038,179
	22,929		Fortune Brands Home & Security, Inc		866,487
	10,951		GATX Corp		678,962
	71,904		General Dynamics Corp		8,396,230
	2,355,258		General Electric Co		59,234,739
	11,449		Hubbell, Inc (Class B)		1,338,846
	1,694		Huntington Ingalls		154,018
	1,450		IDEX Corp		109,939
	58,017		Ingersoll-Rand plc		3,410,819
	16,585		ITT Corp		762,412
	31,012	*	Jacobs Engineering Group, Inc		1,575,720
	23,535		Joy Global, Inc		1,394,684
	34,471		KBR, Inc		712,171
	18,750		Kennametal, Inc		792,750
	20,176		L-3 Communications Holdings, Inc		2,117,673
	12,198		Lincoln Electric Holdings, Inc		810,435
	13,870	*	MRC Global, Inc		372,132
	10,763	*,e	Navistar International Corp		378,535
	50,336		Northrop Grumman Corp		6,204,919
	23,882	*,e	NOW, Inc		768,762
	19,864		Oshkosh Truck Corp		918,114
	28,191		Owens Corning, Inc		959,904
	7,650		Paccar, Inc		476,366
	16,251		Parker Hannifin Corp		1,868,052
	41,952		Pentair plc		2,687,865
	37,710	*	Quanta Services, Inc		1,262,908
	73,546		Raytheon Co		6,675,770
	10,616		Regal-Beloit Corp		746,199

185

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	3,781		Rockwell Collins, Inc	$	277,034
	12,843		Roper Industries, Inc		1,850,291
	11,760		Snap-On, Inc		1,413,552
	2,452	*	Spirit Aerosystems Holdings, Inc (Class A)		79,862
	10,233		SPX Corp		1,014,397
	32,290		Stanley Works		2,823,761
	26,255		Terex Corp		906,060
	65,031		Textron, Inc		2,365,177
	17,530		Timken Co		776,579
	8,820		Trinity Industries, Inc		384,905
	9,238		Triumph Group, Inc		585,227
	191,284		United Technologies Corp		20,113,513
	16,138		URS Corp		924,223
	5,825	e	Valmont Industries, Inc		848,295
	1,507	*,e	Veritiv Corp		60,159
	10,464	*,e	WESCO International, Inc		821,319
	11,875		Xylem, Inc		419,069
			TOTAL CAPITAL GOODS		186,248,102
COMMERCIAL & PROFESSIONAL SERVICES - 0.8%
	41,120	e	ADT Corp		1,430,976
	4,728		Cintas Corp		295,973
	3,998	*	Clean Harbors, Inc		230,405
	28,054		Corrections Corp of America		903,900
	15,492		Covanta Holding Corp		316,346
	5,627		Dun & Bradstreet Corp		619,139
	13,197		Equifax, Inc		1,004,160
	4,516		Iron Mountain, Inc		151,331
	19,596		KAR Auction Services, Inc		574,359
	18,690		Manpower, Inc		1,455,764
	16,405		Nielsen Holdings NV		756,434
	24,962		Pitney Bowes, Inc		675,472
	41,950		R.R. Donnelley & Sons Co		728,252
	61,929		Republic Services, Inc		2,348,967
	15,214		Towers Watson & Co		1,552,132
	11,095		Tyco International Ltd		478,749
	11,826		Waste Connections, Inc		559,843
	98,083		Waste Management, Inc		4,402,946
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		18,485,148
CONSUMER DURABLES & APPAREL - 0.7%
	60,446		DR Horton, Inc		1,251,232
	30,541	*,e	Garmin Ltd		1,680,977
	4,088		Hasbro, Inc		204,236
	20,636	*	Jarden Corp		1,153,552
	16,134		Leggett & Platt, Inc		529,195
	39,210		Lennar Corp (Class A)		1,420,578
	50,759		Mattel, Inc		1,798,138
	14,476	*	Mohawk Industries, Inc		1,806,171
	25,611		Newell Rubbermaid, Inc		831,845
	2,454		Phillips-Van Heusen Corp		270,382
	88,704		Pulte Homes, Inc		1,565,626

186

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	3,473		Ralph Lauren Corp	$	541,302
	8,868	*	Taylor Morrison Home Corp		157,673
	40,894	*	Toll Brothers, Inc		1,336,825
	16,667		Whirlpool Corp		2,377,381
			TOTAL CONSUMER DURABLES & APPAREL		16,925,113
CONSUMER SERVICES - 0.7%
	22,706	*	Apollo Group, Inc (Class A)		634,178
	1,060		ARAMARK Holdings Corp		28,578
	99,621		Carnival Corp		3,608,273
	7,715		Choice Hotels International, Inc		361,756
	31,078		Darden Restaurants, Inc		1,452,896
	14,899		DeVry, Inc		595,513
	1,024		Graham Holdings Co		702,208
	9,561	*	Hyatt Hotels Corp		562,474
	58,486		International Game Technology		990,168
	6,424		Marriott International, Inc (Class A)		415,697
	80,652	*	MGM Mirage		2,164,700
	1,737	*	Norwegian Cruise Line Holdings Ltd		56,939
	38,902		Royal Caribbean Cruises Ltd		2,320,504
	11,650		Service Corp International		244,650
	24,980		Starwood Hotels & Resorts Worldwide, Inc		1,919,463
	63,159		Wendy’s		514,746
			TOTAL CONSUMER SERVICES		16,572,743
DIVERSIFIED FINANCIALS - 5.3%
	6,075	*,e	Ally Financial, Inc		139,482
	28,735		Ameriprise Financial, Inc		3,436,706
	267,507		Bank of New York Mellon Corp		10,443,473
	18,538		BlackRock, Inc		5,649,085
	134,388		Capital One Financial Corp		10,689,222
	220,809		Charles Schwab Corp		6,127,450
	74,870		CME Group, Inc		5,535,888
	109,609		Discover Financial Services		6,692,725
	68,198	*	E*Trade Financial Corp		1,433,522
	5,990	e	Federated Investors, Inc (Class B)		169,038
	21,941	*	FNFV Group		358,955
	16,710		Franklin Resources, Inc		904,846
	105,144		Goldman Sachs Group, Inc		18,176,243
	12,305		Interactive Brokers Group, Inc (Class A)		283,199
	15,480		IntercontinentalExchange Group, Inc		2,975,566
	85,659		Invesco Ltd		3,223,348
	131,000	e	iShares Russell 1000 Value Index Fund		12,974,240
	14,730		Legg Mason, Inc		698,938
	72,275		Leucadia National Corp		1,785,915
	360,726		Morgan Stanley		11,665,879
	14,979	*	MSCI, Inc (Class A)		677,800
	27,184		NASDAQ OMX Group, Inc		1,146,893
	98,970		Navient Corp		1,702,284
	55,526		Northern Trust Corp		3,714,134
	33,191	*	NorthStar Asset Management Group, Inc		594,451
	28,736		Raymond James Financial, Inc		1,464,099

187

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	18,419		Santander Consumer USA Holdings, Inc	$	353,092
	1,330		SEI Investments Co		47,641
	64,605		SLM Corp		572,400
	101,197		State Street Corp		7,128,317
	9,808		TD Ameritrade Holding Corp		315,033
	33,507		Voya Financial, Inc		1,243,110
			TOTAL DIVERSIFIED FINANCIALS		122,322,974
ENERGY - 13.6%
	110,152		Anadarko Petroleum Corp		11,769,741
	90,442		Apache Corp		9,284,776
	11,927	*	Atwood Oceanics, Inc		574,285
	93,633		Baker Hughes, Inc		6,439,141
	16,964	*	Cameron International Corp		1,202,917
	95,964		Chesapeake Energy Corp		2,530,571
	447,128		Chevron Corp		57,786,823
	17,994		Cimarex Energy Co		2,501,526
	8,847	*	Cobalt International Energy, Inc		141,729
	287,628		ConocoPhillips		23,729,310
	53,843		Consol Energy, Inc		2,090,185
	1,892	e	CVR Energy, Inc		89,075
	82,614		Denbury Resources, Inc		1,400,307
	95,695	*	Devon Energy Corp		7,224,972
	15,350	e	Diamond Offshore Drilling, Inc		718,226
	17,099		Energen Corp		1,395,791
	8,843	*,e	EP Energy Corp		176,860
	3,201		EQT Corp		300,318
	1,005,689		Exxon Mobil Corp		99,502,870
	7,838	e	Frank’s International NV		181,450
	10,719	e	Golar LNG Ltd		660,398
	4,206	*	Gulfport Energy Corp		224,642
	7,429		Helmerich & Payne, Inc		789,406
	64,718		Hess Corp		6,405,788
	37,962		Holly Corp		1,784,594
	110,875		Kinder Morgan, Inc		3,989,283
	2,225	*,e	Laredo Petroleum Holdings, Inc		60,387
	157,510		Marathon Oil Corp		6,103,512
	15,156		Marathon Petroleum Corp		1,265,223
	42,040		Murphy Oil Corp		2,611,945
	63,754		Nabors Industries Ltd		1,731,559
	92,082		National Oilwell Varco, Inc		7,462,325
	32,297	*	Newfield Exploration Co		1,301,569
	23,827		Noble Energy, Inc		1,584,257
	184,640		Occidental Petroleum Corp		18,041,174
	11,022	*	Oil States International, Inc		675,538
	22,928		Oneok, Inc		1,477,251
	16,604		Patterson-UTI Energy, Inc		570,347
	11,430		PBF Energy, Inc		309,753
	64,056	e	Peabody Energy Corp		971,730
	78,236		Phillips 66		6,345,722
	37,303		Questar Market Resources, Inc		1,232,864
	1,083	*	Rice Energy, Inc		28,483

188

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	28,752		Rowan Cos plc	$	877,511
	120,092	*,e	SandRidge Energy, Inc		715,748
	57,878	e	Seadrill Ltd		2,098,656
	7,528	*,e	Seventy Seven Energy, Inc		168,853
	157,215		Spectra Energy Corp		6,433,238
	34,458		Superior Energy Services		1,157,789
	6,115		Teekay Corp		340,361
	17,457		Tesoro Corp		1,074,304
	11,860		Tidewater, Inc		560,622
	26,099	*,e	Ultra Petroleum Corp		598,189
	11,231	*	Unit Corp		711,484
	95,269		Valero Energy Corp		4,839,665
	25,235	*	Whiting Petroleum Corp		2,233,045
	13,306		World Fuel Services Corp		571,493
	48,022	*	WPX Energy, Inc		987,813
			TOTAL ENERGY		318,037,394
FOOD & STAPLES RETAILING - 2.3%
	5,924		Costco Wholesale Corp		696,307
	235,186		CVS Corp		17,958,803
	76,143	*	Rite Aid Corp		509,397
	53,863		Safeway, Inc		1,856,119
	85,721		Sysco Corp		3,059,382
	55,471		Walgreen Co		3,814,741
	336,204		Wal-Mart Stores, Inc		24,737,890
	48,544		Whole Foods Market, Inc		1,855,352
			TOTAL FOOD & STAPLES RETAILING		54,487,991
FOOD, BEVERAGE & TOBACCO - 2.2%
	25,848		Altria Group, Inc		1,049,429
	138,432		Archer Daniels Midland Co		6,423,245
	34,691		Bunge Ltd		2,735,038
	13,727		Campbell Soup Co		570,906
	98,883		ConAgra Foods, Inc		2,979,345
	2,432	*	Constellation Brands, Inc (Class A)		202,488
	1,279	*	Hain Celestial Group, Inc		109,354
	9,765		Hillshire Brands Co		612,949
	14,734		Ingredion, Inc		1,084,864
	24,440		J.M. Smucker Co		2,435,202
	5,252		Kellogg Co		314,227
	31,693		Molson Coors Brewing Co (Class B)		2,140,228
	396,416		Mondelez International, Inc		14,270,976
	152,263		Philip Morris International, Inc		12,487,089
	12,854	*	Pilgrim’s Pride Corp		359,398
	13,069		Pinnacle Foods, Inc		393,769
	17,730		Reynolds American, Inc		990,221
	58,762	*	Tyson Foods, Inc (Class A)		2,186,534
			TOTAL FOOD, BEVERAGE & TOBACCO		51,345,262
HEALTH CARE EQUIPMENT & SERVICES - 5.3%
	352,875		Abbott Laboratories		14,863,095
	58,688		Aetna, Inc		4,550,081

189

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	27,182	*	Allscripts Healthcare Solutions, Inc	$	432,737
	278,863	*	Boston Scientific Corp		3,563,869
	73,538		Cardinal Health, Inc		5,268,998
	48,382	*	CareFusion Corp		2,118,648
	58,260		Cigna Corp		5,245,730
	26,821		Community Health Systems, Inc		1,279,362
	2,824		Cooper Cos, Inc		454,325
	106,035		Covidien plc		9,173,088
	27,134	*	DaVita, Inc		1,911,319
	22,881		Dentsply International, Inc		1,062,136
	24,566	*	Express Scripts Holding Co		1,711,022
	69,190		HCA Holdings, Inc		4,518,799
	18,595	*	Health Net, Inc		765,928
	12,421		Hill-Rom Holdings, Inc		489,387
	37,375	*	Hologic, Inc		974,366
	36,349		Humana, Inc		4,276,460
	669	*	Intuitive Surgical, Inc		306,101
	18,982	*	Inverness Medical Innovations, Inc		759,280
	12,061	*	Laboratory Corp of America Holdings		1,250,605
	10,449	*	LifePoint Hospitals, Inc		749,402
	234,905		Medtronic, Inc		14,503,035
	23,005		Omnicare, Inc		1,437,813
	18,211		Patterson Cos, Inc		710,411
	8,146	*	Pediatrix Medical Group, Inc		482,080
	33,741		Quest Diagnostics, Inc		2,061,575
	5,025	*	Sirona Dental Systems, Inc		403,005
	23,740		St. Jude Medical, Inc		1,547,611
	31,656		Stryker Corp		2,525,199
	9,823		Teleflex, Inc		1,058,330
	230,242		UnitedHealth Group, Inc		18,661,114
	16,231		Universal Health Services, Inc (Class B)		1,730,225
	20,508	*	VCA Antech, Inc		764,743
	65,790		WellPoint, Inc		7,224,400
	36,143		Zimmer Holdings, Inc		3,616,830
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		122,451,109
HOUSEHOLD & PERSONAL PRODUCTS - 2.2%
	60,368		Avon Products, Inc		796,857
	5,114	e	Clorox Co		444,253
	22,999		Colgate-Palmolive Co		1,458,137
	3,470		Coty, Inc		59,372
	14,460		Energizer Holdings, Inc		1,659,430
	15,137		Kimberly-Clark Corp		1,572,280
	599,348		Procter & Gamble Co		46,341,587
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		52,331,916
INSURANCE - 7.8%
	79,325		ACE Ltd		7,940,432
	106,711		Aflac, Inc		6,374,915
	3,859	*	Alleghany Corp		1,597,047
	23,527		Allied World Assurance Co Holdings Ltd		847,207
	102,015		Allstate Corp		5,962,777

190

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	14,438		American Financial Group, Inc	$	808,384
	338,973		American International Group, Inc		17,619,816
	1,753		American National Insurance Co		191,077
	15,936		Aon plc		1,344,361
	31,399	*	Arch Capital Group Ltd		1,678,277
	1,797		Arthur J. Gallagher & Co		80,865
	15,108		Aspen Insurance Holdings Ltd		604,471
	16,941		Assurant, Inc		1,073,382
	41,340		Assured Guaranty Ltd		922,709
	25,155		Axis Capital Holdings Ltd		1,085,438
	429,663	*	Berkshire Hathaway, Inc (Class B)		53,892,630
	27,084		Brown & Brown, Inc		833,645
	57,503		Chubb Corp		4,986,085
	37,747		Cincinnati Financial Corp		1,737,117
	6,307		CNA Financial Corp		235,693
	10,354	e	Endurance Specialty Holdings Ltd		547,623
	10,796		Everest Re Group Ltd		1,683,204
	63,739	*	FNF Group		1,727,964
	116,926	*	Genworth Financial, Inc (Class A)		1,531,731
	10,605		Hanover Insurance Group, Inc		613,075
	104,654		Hartford Financial Services Group, Inc		3,574,981
	23,613		HCC Insurance Holdings, Inc		1,102,255
	61,640		Lincoln National Corp		3,229,320
	76,025		Loews Corp		3,202,933
	3,261	*	Markel Corp		2,061,311
	42,229		Marsh & McLennan Cos, Inc		2,143,966
	34,259	*	MBIA, Inc		328,201
	6,783		Mercury General Corp		333,859
	220,026		Metlife, Inc		11,573,368
	59,954		Old Republic International Corp		862,738
	11,909		PartnerRe Ltd		1,242,823
	68,694		Principal Financial Group		3,412,718
	13,967		ProAssurance Corp		609,380
	138,359		Progressive Corp		3,243,135
	18,146		Protective Life Corp		1,258,969
	108,146		Prudential Financial, Inc		9,405,458
	11,850		Reinsurance Group of America, Inc (Class A)		951,081
	9,391		RenaissanceRe Holdings Ltd		918,534
	9,882		Stancorp Financial Group, Inc		596,280
	31,056		Torchmark Corp		1,637,893
	81,703		Travelers Cos, Inc		7,317,321
	60,511		UnumProvident Corp		2,077,343
	20,916		Validus Holdings Ltd		764,061
	23,519		W.R. Berkley Corp		1,049,183
	1,468		White Mountains Insurance Group Ltd		888,008
	63,849		XL Capital Ltd		2,058,492
			TOTAL INSURANCE		181,763,536
MATERIALS - 3.4%
	49,773		Air Products & Chemicals, Inc		6,567,547
	10,935		Albemarle Corp		670,753
	274,481		Alcoa, Inc		4,498,744

191

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	25,734		Allegheny Technologies, Inc	$	968,885
	12,100		Aptargroup, Inc		739,310
	18,264		Ashland, Inc		1,911,328
	14,418		Avery Dennison Corp		680,674
	23,962		Bemis Co, Inc		934,758
	13,855		Cabot Corp		725,863
	11,609		Carpenter Technology Corp		628,511
	33,281		Celanese Corp (Series A)		1,937,287
	12,145		CF Industries Holdings, Inc		3,040,379
	36,594	e	Cliffs Natural Resources, Inc		638,565
	7,471		Cytec Industries, Inc		753,450
	15,355		Domtar Corp		551,552
	237,062		Dow Chemical Co		12,106,756
	11,866		Du Pont (E.I.) de Nemours & Co		763,103
	3,014		Eastman Chemical Co		237,443
	243,277		Freeport-McMoRan Copper & Gold, Inc (Class B)		9,054,770
	7,412		Greif, Inc (Class A)		371,934
	14,256		Huntsman Corp		371,369
	85,256		International Paper Co		4,049,660
	39,370		MeadWestvaco Corp		1,645,666
	78,234		Mosaic Co		3,607,370
	117,465		Newmont Mining Corp		2,926,053
	74,386		Nucor Corp		3,735,665
	15,465	*	Owens-Illinois, Inc		482,353
	8,822	*	Rayonier Advanced Materials, Inc		286,362
	17,882		Reliance Steel & Aluminum Co		1,220,447
	16,810		Rock-Tenn Co (Class A)		1,671,418
	15,751		Rockwood Holdings, Inc		1,243,384
	15,289		Royal Gold, Inc		1,155,390
	2,317		RPM International, Inc		102,365
	15,054		Sigma-Aldrich Corp		1,511,723
	24,217		Sonoco Products Co		947,853
	51,972		Steel Dynamics, Inc		1,102,326
	16,719	*	Tahoe Resources, Inc		442,218
	9,091	*	TimkenSteel Corp		395,549
	34,512	e	United States Steel Corp		1,155,807
	30,762		Vulcan Materials Co		1,942,005
	1,457		Westlake Chemical Corp		127,327
	2,347	*	WR Grace & Co		213,577
			TOTAL MATERIALS		78,117,499
MEDIA - 1.9%
	11,909		CBS Corp (Class B)		676,788
	25,822		CBS Outdoor Americas, Inc		859,614
	5,036		Clear Channel Outdoor Holdings, Inc (Class A)		38,022
	51,437		Comcast Corp (Class A)		2,763,710
	12,881		DISH Network Corp (Class A)		796,819
	17,400	*,e	DreamWorks Animation SKG, Inc (Class A)		348,000
	53,170		Gannett Co, Inc		1,739,722
	10,292		John Wiley & Sons, Inc (Class A)		618,446
	22,050	*	Liberty Media Corp		1,037,453
	44,737	*	Liberty Media Corp (Class C)		2,102,639

192

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	16,801	*	Live Nation, Inc	$	389,951
	14,712	*	Madison Square Garden, Inc		873,010
	116,103	*	News Corp		2,049,218
	14,187	e	Regal Entertainment Group (Class A)		276,079
	3,801	*	Starz-Liberty Capital		108,367
	82,596	e	Thomson Corp		3,122,955
	206,875		Time Warner, Inc		17,174,762
	117,270		Twenty-First Century Fox, Inc		3,715,114
	65,934		Walt Disney Co		5,662,412
			TOTAL MEDIA		44,353,081
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.8%
	66,408		Agilent Technologies, Inc		3,724,825
	4,443	*	Alkermes plc		189,983
	2,772	*	Alnylam Pharmaceuticals, Inc		149,827
	9,314		Amgen, Inc		1,186,510
	4,887	*	Bio-Rad Laboratories, Inc (Class A)		561,956
	250,761		Bristol-Myers Squibb Co		12,693,522
	5,919	*	Charles River Laboratories International, Inc		320,869
	1,198	*	Covance, Inc		100,536
	864	*	Cubist Pharmaceuticals, Inc		52,618
	231,193		Eli Lilly & Co		14,116,644
	39,045	*	Hospira, Inc		2,165,826
	560,134		Johnson & Johnson		56,063,812
	7,398	*,e	Mallinckrodt plc		515,049
	590,451		Merck & Co, Inc		33,502,190
	2,000	*,e	Myriad Genetics, Inc		72,200
	21,132	*	PerkinElmer, Inc		976,721
	24,416		Perrigo Co plc		3,673,387
	1,493,798		Pfizer, Inc		42,872,003
	54,927	*	Qiagen NV (NASDAQ)		1,341,867
	7,111	*	Quintiles Transnational Holdings, Inc		390,607
	4,623		Techne Corp		431,418
	56,045		Thermo Electron Corp		6,809,467
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		181,911,837
REAL ESTATE - 4.6%
	16,985		Alexandria Real Estate Equities, Inc		1,335,021
	24,893		American Campus Communities, Inc		968,836
	82,471		American Capital Agency Corp		1,906,730
	32,235		American Homes 4 Rent		587,322
	211,260	*	American Realty Capital Properties, Inc		2,769,619
	222,166		Annaly Capital Management, Inc		2,466,043
	14,171		Apartment Investment & Management Co (Class A)		484,365
	30,472		AvalonBay Communities, Inc		4,512,294
	44,650		BioMed Realty Trust, Inc		959,975
	31,331		Boston Properties, Inc		3,742,488
	35,859		Brandywine Realty Trust		557,607
	10,999		Brixmor Property Group, Inc		249,127
	19,903		Camden Property Trust		1,440,181
	39,048		CBL & Associates Properties, Inc		730,198
	247,734		Chimera Investment Corp		785,317

193

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	24,842		Columbia Property Trust, Inc	$	633,719
	19,598		Corporate Office Properties Trust		555,995
	69,951		DDR Corp		1,226,941
	31,754		Digital Realty Trust, Inc		2,044,640
	33,450		Douglas Emmett, Inc		952,990
	75,828		Duke Realty Corp		1,364,146
	27,725	*	Equity Commonwealth		744,693
	5,740		Equity Lifestyle Properties, Inc		254,225
	84,879		Equity Residential		5,487,427
	14,609		Essex Property Trust, Inc		2,769,428
	5,535		Federal Realty Investment Trust		675,823
	38,695	*	Forest City Enterprises, Inc (Class A)		741,783
	16,619		Gaming and Leisure Properties, Inc		559,562
	132,076		General Growth Properties, Inc		3,086,616
	107,713		HCP, Inc		4,473,321
	33,978		Health Care REIT, Inc		2,162,020
	49,044		Healthcare Trust of America, Inc		584,114
	13,416		Home Properties, Inc		882,639
	34,819		Hospitality Properties Trust		994,779
	176,970		Host Marriott Corp		3,847,328
	4,952	*	Howard Hughes Corp		720,120
	7,814		Jones Lang LaSalle, Inc		966,592
	19,047		Kilroy Realty Corp		1,177,866
	96,521		Kimco Realty Corp		2,160,140
	33,989		Liberty Property Trust		1,195,393
	32,825		Macerich Co		2,133,953
	86,123		MFA Mortgage Investments, Inc		701,041
	17,650		Mid-America Apartment Communities, Inc		1,234,088
	28,351		National Retail Properties, Inc		1,008,445
	35,291	*	NorthStar Realty Finance Corp		568,185
	20,380		Omega Healthcare Investors, Inc		744,685
	35,970		Piedmont Office Realty Trust, Inc		699,616
	21,816		Plum Creek Timber Co, Inc		902,528
	12,664		Post Properties, Inc		686,389
	117,435		Prologis, Inc		4,792,522
	2,700		Public Storage, Inc		463,347
	25,642		Rayonier, Inc		873,367
	19,040	*	Realogy Holdings Corp		699,910
	51,622		Realty Income Corp		2,222,327
	21,792		Regency Centers Corp		1,184,613
	54,442		Retail Properties of America, Inc		819,352
	47,463		Senior Housing Properties Trust		1,085,004
	18,435		Simon Property Group, Inc		3,100,583
	21,964		SL Green Realty Corp		2,367,719
	93,439		Spirit Realty Capital, Inc		1,081,089
	52,236		Starwood Property Trust, Inc		1,232,770
	8,595		Tanger Factory Outlet Centers, Inc		297,817
	1,300		Taubman Centers, Inc		95,628
	86,608		Two Harbors Investment Corp		886,000
	57,864		UDR, Inc		1,682,685
	36,337		Ventas, Inc		2,307,399
	33,785		Vornado Realty Trust		3,581,886

194

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	37,645	*	Washington Prime Group, Inc	$	711,114
	28,115		Weingarten Realty Investors		925,265
	117,107		Weyerhaeuser Co		3,667,791
	23,287		WP Carey, Inc		1,530,655
			TOTAL REAL ESTATE		108,045,196
RETAILING - 1.4%
	12,759		Aaron’s, Inc		336,582
	14,457		Abercrombie & Fitch Co (Class A)		568,738
	30,059	*	Ascena Retail Group, Inc		482,748
	27,549	*	Bed Bath & Beyond, Inc		1,743,576
	47,326		Best Buy Co, Inc		1,407,002
	10,018		Big Lots, Inc		438,288
	10,202	*,e	Cabela’s, Inc		595,389
	15,747	*	Carmax, Inc		768,611
	20,396		Chico’s FAS, Inc		322,461
	2,498		CST Brands, Inc		83,508
	19,040		Dick’s Sporting Goods, Inc		809,771
	2,126		Dillard’s, Inc (Class A)		253,462
	17,664	*	Dollar General Corp		975,583
	17,883		DSW, Inc (Class A)		475,509
	1,367		Family Dollar Stores, Inc		102,183
	29,296		Foot Locker, Inc		1,392,439
	25,491	e	GameStop Corp (Class A)		1,069,857
	2,262		Genuine Parts Co		187,339
	1,535	*	HomeAway, Inc		53,295
	74,327	*,e	JC Penney Co, Inc		697,187
	45,932		Kohl’s Corp		2,459,199
	36,484		L Brands, Inc		2,114,977
	57,576	*	Liberty Interactive Corp		1,615,007
	18,956		Macy’s, Inc		1,095,467
	5,734	*	Murphy USA, Inc		283,374
	5,380		Penske Auto Group, Inc		249,901
	10,393	*	Sally Beauty Holdings, Inc		269,698
	1,692	*,e	Sears Holdings Corp		64,550
	5,883		Signet Jewelers Ltd		598,831
	153,913		Staples, Inc		1,783,852
	134,118		Target Corp		7,992,092
	6,484	*	Urban Outfitters, Inc		231,673
			TOTAL RETAILING		31,522,149
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.5%
	45,635		Altera Corp		1,493,177
	40,180		Analog Devices, Inc		1,994,133
	95,471		Applied Materials, Inc		2,001,072
	125,816		Broadcom Corp (Class A)		4,813,720
	13,279	*,e	Cree, Inc		627,167
	17,507	*	First Solar, Inc		1,104,867
	2,953	*,e	Freescale Semiconductor Holdings Ltd		59,119
	1,067,025		Intel Corp		36,161,477
	3,208		Kla-Tencor Corp		229,340
	28,255		Lam Research Corp		1,977,850

195

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	95,639		Marvell Technology Group Ltd	$	1,275,824
	5,085		Maxim Integrated Products, Inc		149,041
	30,913	*	Micron Technology, Inc		944,392
	109,009		Nvidia Corp		1,907,658
	50,210	*	ON Semiconductor Corp		429,798
	42,852	*	SunEdison, Inc		857,040
	10,078	*,e	SunPower Corp		370,165
	41,361	e	Teradyne, Inc		753,598
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		57,149,438
SOFTWARE & SERVICES - 2.9%
	38,764		Activision Blizzard, Inc		867,538
	37,445		Amdocs Ltd		1,697,756
	16,533	*	Ansys, Inc		1,272,049
	18,773		AOL, Inc		723,699
	11,234	*	Autodesk, Inc		599,334
	2,219		Booz Allen Hamilton Holding Co		49,351
	74,635		CA, Inc		2,155,459
	3,395	*	Citrix Systems, Inc		229,943
	31,770		Computer Sciences Corp		1,982,130
	1,363		DST Systems, Inc		122,766
	16,967	*	Electronic Arts, Inc		570,091
	59,139		Fidelity National Information Services, Inc		3,335,440
	4,511	*,e	FireEye, Inc		160,141
	21,151	*	First American Corp		575,307
	32,825		Genpact Ltd		577,720
	10,066		IAC/InterActiveCorp		676,435
	2,410	*	Informatica Corp		76,445
	14,939		Leidos Holdings, Inc		551,847
	4,463	*	Micros Systems, Inc		301,833
	683,970		Microsoft Corp		29,520,145
	61,989	*	Nuance Communications, Inc		1,126,960
	8,068		Paychex, Inc		330,869
	22,404	*	Rovi Corp		523,582
	162,549		Symantec Corp		3,845,909
	36,381	*	Synopsys, Inc		1,374,110
	7,775	*	Teradata Corp		327,794
	9,212		Total System Services, Inc		294,784
	274,640		Xerox Corp		3,641,726
	237,125	*	Yahoo!, Inc		8,491,446
	174,216	*	Zynga, Inc		508,711
			TOTAL SOFTWARE & SERVICES		66,511,320
TECHNOLOGY HARDWARE & EQUIPMENT - 3.9%
	22,930	*	Arrow Electronics, Inc		1,328,793
	25,385		Avnet, Inc		1,074,547
	11,403		AVX Corp		155,081
	102,072		Brocade Communications Systems, Inc		940,083
	1,203,179		Cisco Systems, Inc		30,356,206
	236,464		Corning, Inc		4,646,518
	10,983	e	Dolby Laboratories, Inc (Class A)		490,281
	7,891	*	EchoStar Corp (Class A)		400,074

196

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	434,029		EMC Corp	$	12,717,050
	9,912		Flir Systems, Inc		329,871
	19,485		Harris Corp		1,330,241
	444,087		Hewlett-Packard Co		15,813,938
	36,708	*	Ingram Micro, Inc (Class A)		1,053,520
	47,455		Jabil Circuit, Inc		947,202
	56,222	*	JDS Uniphase Corp		667,355
	86,665	*	Juniper Networks, Inc		2,040,094
	19,642	*	Knowles Corp		571,189
	14,820		Lexmark International, Inc (Class A)		711,805
	40,693		Motorola, Inc		2,591,330
	35,127	*	NCR Corp		1,087,181
	49,504		NetApp, Inc		1,922,735
	27,653		SanDisk Corp		2,536,057
	5,231	*,e	Stratasys Ltd		525,925
	9,183	*	Tech Data Corp		576,600
	31,083		Vishay Intertechnology, Inc		457,853
	52,317		Western Digital Corp		5,222,806
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		90,494,335
TELECOMMUNICATION SERVICES - 2.3%
	1,219,747		AT&T, Inc		43,410,796
	126,549		CenturyTel, Inc		4,965,783
	231,628	e	Frontier Communications Corp		1,517,163
	2,535	*	Level 3 Communications, Inc		111,489
	171,397	*	Sprint Corp		1,259,768
	21,084		Telephone & Data Systems, Inc		527,100
	61,952		T-Mobile US, Inc		2,040,699
	3,158		US Cellular Corp		123,446
	7,349		Windstream Holdings, Inc		84,220
			TOTAL TELECOMMUNICATION SERVICES		54,040,464
TRANSPORTATION - 1.3%
	3,154		Alaska Air Group, Inc		138,681
	794		Amerco, Inc		208,949
	13,106		Con-Way, Inc		646,781
	1,847		Copa Holdings S.A. (Class A)		280,504
	236,219		CSX Corp		7,067,673
	188,338		Delta Air Lines, Inc		7,055,141
	39,662		FedEx Corp		5,825,555
	6,533	*	Genesee & Wyoming, Inc (Class A)		651,536
	5,786		Kansas City Southern Industries, Inc		631,021
	57,372		Norfolk Southern Corp		5,832,438
	12,223		Ryder System, Inc		1,052,767
	17,641		Southwest Airlines Co		498,887
			TOTAL TRANSPORTATION		29,889,933
UTILITIES - 5.9%
	168,893		AES Corp		2,467,527
	28,031		AGL Resources, Inc		1,447,521
	26,391		Alliant Energy Corp		1,491,091
	56,588		Ameren Corp		2,175,809

197

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	114,432		American Electric Power Co, Inc	$	5,949,320
	41,815		American Water Works Co, Inc		1,997,503
	41,970		Aqua America, Inc		998,047
	23,766		Atmos Energy Corp		1,148,373
	85,500	*	Calpine Corp		1,884,420
	100,511		Centerpoint Energy, Inc		2,444,427
	63,002		CMS Energy Corp		1,822,648
	68,462		Consolidated Edison, Inc		3,840,034
	128,114		Dominion Resources, Inc		8,665,631
	41,524		DTE Energy Co		3,065,302
	166,177		Duke Energy Corp		11,986,347
	76,599		Edison International		4,197,625
	41,805		Entergy Corp		3,044,658
	201,429		Exelon Corp		6,260,413
	97,754		FirstEnergy Corp		3,050,902
	36,851		Great Plains Energy, Inc		913,536
	23,857	e	Hawaiian Electric Industries, Inc		563,502
	18,838		Integrys Energy Group, Inc		1,235,019
	3,051		ITC Holdings Corp		110,141
	45,024		MDU Resources Group, Inc		1,418,706
	19,750		National Fuel Gas Co		1,360,972
	102,275		NextEra Energy, Inc		9,602,600
	72,466		NiSource, Inc		2,730,519
	74,042		Northeast Utilities		3,250,444
	78,560		NRG Energy, Inc		2,432,218
	45,812		OGE Energy Corp		1,646,941
	58,866		Pepco Holdings, Inc		1,580,552
	109,306		PG&E Corp		4,882,699
	26,190		Pinnacle West Capital Corp		1,400,903
	148,620		PPL Corp		4,902,974
	117,791		Public Service Enterprise Group, Inc		4,142,709
	40,309		Questar Corp		896,472
	33,717		SCANA Corp		1,715,521
	57,584		Sempra Energy		5,741,701
	209,575		Southern Co		9,072,502
	52,474		TECO Energy, Inc		916,196
	26,485		UGI Corp		1,285,582
	19,844		Vectren Corp		755,858
	30,434	e	Westar Energy, Inc		1,096,841
	53,222		Wisconsin Energy Corp		2,319,415
	117,416		Xcel Energy, Inc		3,616,413
			TOTAL UTILITIES		137,528,534
			TOTAL COMMON STOCKS		2,317,326,834
			(Cost $1,988,033,743)

198

TIAA-CREF FUNDS - Large-Cap Value Index Fund

SHARES			COMPANY	VALUE
	SHORT-TERM INVESTMENTS - 2.1%
	INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 2.1%
	49,309,941	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	49,309,941
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		49,309,941
			TOTAL SHORT-TERM INVESTMENTS		49,309,941
			(Cost $49,309,941)
			TOTAL INVESTMENTS - 101.6% (Cost $2,037,343,684)		2,366,636,775
			OTHER ASSETS & LIABILITIES, NET - (1.6)%		(36,508,748)
			NET ASSETS - 100.0%	$	2,330,128,027

	Abbreviation(s):
	REIT	Real Estate Investment Trust
*	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 $47,401,142.

199

TIAA-CREF FUNDS - S&P 500 Index Fund

TIAA-CREF FUNDS
S&P 500 INDEX FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.8%
AUTOMOBILES & COMPONENTS - 1.1%
	30,621		BorgWarner, Inc	$	1,906,157
	36,567		Delphi Automotive plc		2,442,676
	525,455		Ford Motor Co		8,943,244
	174,700		General Motors Co		5,908,354
	36,260		Goodyear Tire & Rubber Co		912,664
	28,897		Harley-Davidson, Inc		1,786,413
	88,593		Johnson Controls, Inc		4,185,133
			TOTAL AUTOMOBILES & COMPONENTS		26,084,641
BANKS - 6.0%
	1,397,359		Bank of America Corp		21,309,725
	95,767		BB&T Corp		3,545,294
	404,237		Citigroup, Inc		19,771,232
	24,205		Comerica, Inc		1,216,543
	112,538		Fifth Third Bancorp		2,304,778
	63,067		Hudson City Bancorp, Inc		614,903
	109,535		Huntington Bancshares, Inc		1,075,634
	503,024		JPMorgan Chase & Co		29,009,394
	116,913		Keycorp		1,583,002
	17,605	e	M&T Bank Corp		2,139,008
	41,242	e	People’s United Financial, Inc		598,834
	70,951		PNC Financial Services Group, Inc		5,857,715
	182,520		Regions Financial Corp		1,850,753
	70,507		SunTrust Banks, Inc		2,682,791
	241,254		US Bancorp		10,139,906
	637,065		Wells Fargo & Co		32,426,608
	24,694		Zions Bancorporation		711,681
			TOTAL BANKS		136,837,801
CAPITAL GOODS - 7.5%
	82,614		3M Co		11,639,486
	12,012		Allegion plc		617,777
	32,444		Ametek, Inc		1,579,698
	89,158		Boeing Co		10,741,756
	82,956		Caterpillar, Inc		8,357,817
	22,796		Cummins, Inc		3,177,534
	80,249		Danaher Corp		5,928,796
	48,241		Deere & Co		4,105,792
	22,029		Dover Corp		1,889,207
	63,589		Eaton Corp		4,318,965
	93,591		Emerson Electric Co		5,957,067
	36,120	e	Fastenal Co		1,601,922
	18,195		Flowserve Corp		1,347,158
	21,127		Fluor Corp		1,539,525

200

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	43,314		General Dynamics Corp	$	5,057,776
	1,332,862		General Electric Co		33,521,479
	104,085		Honeywell International, Inc		9,558,126
	50,631		Illinois Tool Works, Inc		4,170,475
	33,617		Ingersoll-Rand plc		1,976,343
	17,505	*	Jacobs Engineering Group, Inc		889,429
	13,268		Joy Global, Inc		786,262
	11,435		L-3 Communications Holdings, Inc		1,200,218
	35,430		Lockheed Martin Corp		5,915,747
	47,247		Masco Corp		982,738
	28,535		Northrop Grumman Corp		3,517,509
	47,305		Paccar, Inc		2,945,682
	14,654		Pall Corp		1,135,245
	19,708		Parker Hannifin Corp		2,265,435
	25,765		Pentair plc		1,650,764
	19,310		Precision Castparts Corp		4,418,128
	28,810	*	Quanta Services, Inc		964,847
	41,664		Raytheon Co		3,781,841
	18,318		Rockwell Automation, Inc		2,045,388
	18,074		Rockwell Collins, Inc		1,324,282
	13,203		Roper Industries, Inc		1,902,156
	7,867		Snap-On, Inc		945,613
	20,716		Stanley Works		1,811,614
	36,937		Textron, Inc		1,343,399
	112,093		United Technologies Corp		11,786,579
	8,059		W.W. Grainger, Inc		1,895,074
	24,964		Xylem, Inc		880,980
			TOTAL CAPITAL GOODS		171,475,629
COMMERCIAL & PROFESSIONAL SERVICES - 0.7%
	22,921	e	ADT Corp		797,651
	13,361		Cintas Corp		836,399
	4,943		Dun & Bradstreet Corp		543,878
	16,270		Equifax, Inc		1,237,984
	22,961		Iron Mountain, Inc		769,423
	40,110		Nielsen Holdings NV		1,849,472
	27,015		Pitney Bowes, Inc		731,026
	35,363		Republic Services, Inc		1,341,319
	18,222		Robert Half International, Inc		886,500
	11,205	*	Stericycle, Inc		1,318,268
	61,599		Tyco International Ltd		2,657,997
	57,802		Waste Management, Inc		2,594,732
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		15,564,649
CONSUMER DURABLES & APPAREL - 1.3%
	35,983		Coach, Inc		1,243,572
	38,148		DR Horton, Inc		789,664
	6,346	*	Fossil Group, Inc		621,908
	16,478	*,e	Garmin Ltd		906,949
	9,153		Harman International Industries, Inc		993,558
	15,191		Hasbro, Inc		758,942
	18,443		Leggett & Platt, Inc		604,930

201

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	23,869		Lennar Corp (Class A)	$	864,774
	44,883		Mattel, Inc		1,589,980
	23,802	*	Michael Kors Holdings Ltd		1,939,387
	8,093	*	Mohawk Industries, Inc		1,009,764
	36,616		Newell Rubbermaid, Inc		1,189,288
	98,077		Nike, Inc (Class B)		7,564,679
	10,889		Phillips-Van Heusen Corp		1,199,750
	46,149		Pulte Homes, Inc		814,530
	7,753		Ralph Lauren Corp		1,208,383
	21,348	*	Under Armour, Inc (Class A)		1,424,979
	45,950		VF Corp		2,815,357
	10,366		Whirlpool Corp		1,478,606
			TOTAL CONSUMER DURABLES & APPAREL		29,019,000
CONSUMER SERVICES - 1.7%
	58,709		Carnival Corp		2,126,440
	4,154	*	Chipotle Mexican Grill, Inc (Class A)		2,793,565
	17,610		Darden Restaurants, Inc		823,267
	602		Graham Holdings Co		412,821
	36,545		H&R Block, Inc		1,174,191
	29,428		Marriott International, Inc (Class A)		1,904,286
	131,363		McDonald’s Corp		12,421,685
	100,084		Starbucks Corp		7,774,525
	25,411		Starwood Hotels & Resorts Worldwide, Inc		1,952,581
	16,850		Wyndham Worldwide Corp		1,273,018
	10,730		Wynn Resorts Ltd		2,287,636
	58,704		Yum! Brands, Inc		4,074,058
			TOTAL CONSUMER SERVICES		39,018,073
DIVERSIFIED FINANCIALS - 3.8%
	7,316	*	Affiliated Managers Group, Inc		1,457,713
	121,004		American Express Co		10,648,352
	25,124		Ameriprise Financial, Inc		3,004,830
	152,176		Bank of New York Mellon Corp		5,940,951
	16,632		BlackRock, Inc		5,068,269
	76,246		Capital One Financial Corp		6,064,607
	156,210		Charles Schwab Corp		4,334,827
	42,089		CME Group, Inc		3,112,061
	62,094		Discover Financial Services		3,791,460
	38,251	*	E*Trade Financial Corp		804,036
	53,585		Franklin Resources, Inc		2,901,628
	55,312		Goldman Sachs Group, Inc		9,561,785
	15,360		IntercontinentalExchange Group, Inc		2,952,499
	57,436		Invesco Ltd		2,161,317
	13,704		Legg Mason, Inc		650,255
	41,922		Leucadia National Corp		1,035,893
	36,322		McGraw-Hill Financial, Inc		2,913,751
	24,883		Moody’s Corp		2,164,821
	185,973		Morgan Stanley		6,014,367
	15,927		NASDAQ OMX Group, Inc		671,960
	55,890		Navient Corp		961,308
	29,786		Northern Trust Corp		1,992,385

202

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	16,550	e	SPDR Trust Series 1	$	3,195,639
	57,464		State Street Corp		4,047,764
	35,069		T Rowe Price Group, Inc		2,723,459
			TOTAL DIVERSIFIED FINANCIALS		88,175,937
ENERGY - 10.6%
	67,150		Anadarko Petroleum Corp		7,174,977
	51,301		Apache Corp		5,266,561
	58,168		Baker Hughes, Inc		4,000,213
	55,171		Cabot Oil & Gas Corp		1,817,884
	27,027	*	Cameron International Corp		1,916,485
	67,210		Chesapeake Energy Corp		1,772,328
	253,028		Chevron Corp		32,701,339
	11,520		Cimarex Energy Co		1,601,510
	163,166		ConocoPhillips		13,461,195
	30,430		Consol Energy, Inc		1,181,293
	46,671		Denbury Resources, Inc		791,073
	51,155	*	Devon Energy Corp		3,862,203
	9,292	e	Diamond Offshore Drilling, Inc		434,773
	30,904		Ensco plc		1,565,288
	72,628		EOG Resources, Inc		7,948,408
	20,324		EQT Corp		1,906,798
	570,819		Exxon Mobil Corp		56,476,832
	31,122	*	FMC Technologies, Inc		1,892,218
	112,444		Halliburton Co		7,757,512
	14,309		Helmerich & Payne, Inc		1,520,474
	34,931		Hess Corp		3,457,470
	89,088		Kinder Morgan, Inc		3,205,386
	90,145		Marathon Oil Corp		3,493,119
	38,211		Marathon Petroleum Corp		3,189,854
	22,704		Murphy Oil Corp		1,410,600
	34,649		Nabors Industries Ltd		941,067
	57,161		National Oilwell Varco, Inc		4,632,327
	17,898	*	Newfield Exploration Co		721,289
	33,647		Noble Corp plc		1,055,506
	47,870		Noble Energy, Inc		3,182,876
	104,409		Occidental Petroleum Corp		10,201,803
	27,592		Oneok, Inc		1,777,753
	35,652	e	Peabody Energy Corp		540,841
	75,184		Phillips 66		6,098,174
	18,974		Pioneer Natural Resources Co		4,201,982
	24,368		Questar Market Resources, Inc		805,362
	22,320		Range Resources Corp		1,687,169
	16,243		Rowan Cos plc		495,736
	173,069		Schlumberger Ltd		18,758,949
	46,735	*	Southwestern Energy Co		1,896,506
	89,456		Spectra Energy Corp		3,660,540
	17,103		Tesoro Corp		1,052,519
	45,078	e	Transocean Ltd (NYSE)		1,818,447
	71,163		Valero Energy Corp		3,615,080
	98,140		Williams Cos, Inc		5,557,668
			TOTAL ENERGY		242,507,387

203

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
FOOD & STAPLES RETAILING - 2.2%
	58,241		Costco Wholesale Corp	$	6,845,647
	155,406		CVS Corp		11,866,802
	67,938		Kroger Co		3,327,603
	30,448		Safeway, Inc		1,049,238
	78,022		Sysco Corp		2,784,605
	116,589		Walgreen Co		8,017,826
	214,224		Wal-Mart Stores, Inc		15,762,602
	48,635		Whole Foods Market, Inc		1,858,830
			TOTAL FOOD & STAPLES RETAILING		51,513,153
FOOD, BEVERAGE & TOBACCO - 5.1%
	264,016		Altria Group, Inc		10,719,049
	87,295		Archer Daniels Midland Co		4,050,488
	21,432		Brown-Forman Corp (Class B)		1,857,083
	23,662		Campbell Soup Co		984,103
	502,397		Coca-Cola Co		19,739,178
	30,949		Coca-Cola Enterprises, Inc		1,406,632
	55,665		ConAgra Foods, Inc		1,677,186
	22,623	*	Constellation Brands, Inc (Class A)		1,883,591
	25,988		Dr Pepper Snapple Group, Inc		1,527,055
	81,775		General Mills, Inc		4,101,016
	19,721		Hershey Co		1,738,406
	18,133		Hormel Foods Corp		820,700
	13,713		J.M. Smucker Co		1,366,363
	34,085		Kellogg Co		2,039,306
	16,798		Keurig Green Mountain, Inc		2,003,665
	79,168		Kraft Foods Group, Inc		4,242,217
	48,389		Lorillard, Inc		2,926,567
	17,241		McCormick & Co, Inc		1,134,113
	27,006		Mead Johnson Nutrition Co		2,469,429
	21,029		Molson Coors Brewing Co (Class B)		1,420,088
	224,907		Mondelez International, Inc		8,096,652
	17,906	*	Monster Beverage Corp		1,145,268
	201,511		PepsiCo, Inc		17,753,119
	209,065		Philip Morris International, Inc		17,145,421
	41,134		Reynolds American, Inc		2,297,334
	39,443	*	Tyson Foods, Inc (Class A)		1,467,674
			TOTAL FOOD, BEVERAGE & TOBACCO		116,011,703
HEALTH CARE EQUIPMENT & SERVICES - 4.3%
	199,623		Abbott Laboratories		8,408,121
	47,678		Aetna, Inc		3,696,475
	29,895		AmerisourceBergen Corp		2,299,224
	10,098		Bard (C.R.), Inc		1,506,925
	72,119		Baxter International, Inc		5,386,568
	25,773		Becton Dickinson & Co		2,995,854
	176,937	*	Boston Scientific Corp		2,261,255
	45,016		Cardinal Health, Inc		3,225,396
	27,573	*	CareFusion Corp		1,207,422
	39,078	*	Cerner Corp		2,157,106

204

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	35,815		Cigna Corp	$	3,224,783
	59,931		Covidien plc		5,184,631
	23,523	*	DaVita, Inc		1,656,960
	19,000		Dentsply International, Inc		881,980
	13,986	*	Edwards Lifesciences Corp		1,262,236
	102,743	*	Express Scripts Holding Co		7,156,050
	20,673		Humana, Inc		2,432,178
	5,135	*	Intuitive Surgical, Inc		2,349,519
	11,160	*	Laboratory Corp of America Holdings		1,157,180
	30,642		McKesson Corp		5,878,974
	132,822		Medtronic, Inc		8,200,430
	10,571		Patterson Cos, Inc		412,375
	19,125		Quest Diagnostics, Inc		1,168,537
	37,610		St. Jude Medical, Inc		2,451,796
	39,434		Stryker Corp		3,145,650
	12,705	*	Tenet Healthcare Corp		670,443
	130,230		UnitedHealth Group, Inc		10,555,142
	13,799	*	Varian Medical Systems, Inc		1,133,588
	37,231		WellPoint, Inc		4,088,336
	22,209		Zimmer Holdings, Inc		2,222,455
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		98,377,589
HOUSEHOLD & PERSONAL PRODUCTS - 2.0%
	58,177		Avon Products, Inc		767,936
	17,017	e	Clorox Co		1,478,267
	115,605		Colgate-Palmolive Co		7,329,357
	33,425		Estee Lauder Cos (Class A)		2,455,400
	50,065		Kimberly-Clark Corp		5,200,252
	360,052		Procter & Gamble Co		27,839,221
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		45,070,433
INSURANCE - 4.1%
	44,909		ACE Ltd		4,495,391
	60,575		Aflac, Inc		3,618,750
	57,857		Allstate Corp		3,381,742
	192,253		American International Group, Inc		9,993,311
	39,507		Aon plc		3,332,810
	9,792		Assurant, Inc		620,421
	239,355	*	Berkshire Hathaway, Inc (Class B)		30,022,298
	32,614		Chubb Corp		2,827,960
	19,343		Cincinnati Financial Corp		890,165
	65,696	*	Genworth Financial, Inc (Class A)		860,618
	59,508		Hartford Financial Services Group, Inc		2,032,793
	34,903		Lincoln National Corp		1,828,568
	40,483		Loews Corp		1,705,549
	73,306		Marsh & McLennan Cos, Inc		3,721,746
	149,586		Metlife, Inc		7,868,224
	36,204		Principal Financial Group		1,798,615
	72,074		Progressive Corp		1,689,414
	61,408		Prudential Financial, Inc		5,340,654
	17,453		Torchmark Corp		920,471
	46,077		Travelers Cos, Inc		4,126,656

205

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	34,659		UnumProvident Corp	$	1,189,843
	35,911		XL Capital Ltd		1,157,771
			TOTAL INSURANCE		93,423,770
MATERIALS - 3.5%
	28,280		Air Products & Chemicals, Inc		3,731,546
	8,896		Airgas, Inc		951,160
	156,653		Alcoa, Inc		2,567,543
	14,263		Allegheny Technologies, Inc		537,002
	12,508		Avery Dennison Corp		590,503
	18,567		Ball Corp		1,137,414
	13,410		Bemis Co, Inc		523,124
	6,915		CF Industries Holdings, Inc		1,731,101
	159,978		Dow Chemical Co		8,170,076
	122,401		Du Pont (E.I.) de Nemours & Co		7,871,608
	19,883		Eastman Chemical Co		1,566,383
	36,035		Ecolab, Inc		3,910,879
	17,789		FMC Corp		1,160,199
	138,114		Freeport-McMoRan Copper & Gold, Inc (Class B)		5,140,603
	10,750		International Flavors & Fragrances, Inc		1,085,643
	57,697		International Paper Co		2,740,607
	55,390		LyondellBasell Industries AF S.C.A		5,885,187
	8,051		Martin Marietta Materials, Inc		1,000,176
	22,285		MeadWestvaco Corp		931,513
	69,702		Monsanto Co		7,882,599
	42,809		Mosaic Co		1,973,923
	66,263		Newmont Mining Corp		1,650,611
	42,272		Nucor Corp		2,122,900
	22,293	*	Owens-Illinois, Inc		695,319
	18,441		PPG Industries, Inc		3,657,957
	38,929		Praxair, Inc		4,988,362
	25,916		Sealed Air Corp		832,422
	11,208		Sherwin-Williams Co		2,311,426
	15,721		Sigma-Aldrich Corp		1,578,703
	17,293		Vulcan Materials Co		1,091,707
			TOTAL MATERIALS		80,018,196
MEDIA - 3.6%
	28,147	e	Cablevision Systems Corp (Class A)		540,985
	65,074		CBS Corp (Class B)		3,698,156
	345,565		Comcast Corp (Class A)		18,567,207
	62,206	*	DIRECTV		5,352,826
	28,870	*	Discovery Communications, Inc (Class A)		2,460,013
	30,381		Gannett Co, Inc		994,066
	56,769		Interpublic Group of Cos, Inc		1,118,917
	66,143	*	News Corp		1,167,424
	34,546	*	Omnicom Group, Inc		2,417,875
	14,183		Scripps Networks Interactive (Class A)		1,168,821
	37,168		Time Warner Cable, Inc		5,393,077
	117,214		Time Warner, Inc		9,731,106
	254,584		Twenty-First Century Fox, Inc		8,065,221
	52,040		Viacom, Inc (Class B)		4,302,147

206

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	214,066		Walt Disney Co	$	18,383,988
			TOTAL MEDIA		83,361,829
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 9.1%
	211,333		AbbVie, Inc		11,061,169
	35,154	*	Actavis plc		7,532,096
	44,096		Agilent Technologies, Inc		2,473,345
	26,318	*	Alexion Pharmaceuticals, Inc		4,184,299
	39,540		Allergan, Inc		6,558,104
	100,627		Amgen, Inc		12,818,874
	31,529	*	Biogen Idec, Inc		10,542,982
	220,233		Bristol-Myers Squibb Co		11,148,195
	106,442	*	Celgene Corp		9,276,420
	130,995		Eli Lilly & Co		7,998,555
	204,102	*	Gilead Sciences, Inc		18,685,538
	22,117	*	Hospira, Inc		1,226,830
	376,049		Johnson & Johnson		37,638,744
	388,429		Merck & Co, Inc		22,039,461
	49,933	*	Mylan Laboratories, Inc		2,465,192
	15,302	*	PerkinElmer, Inc		707,258
	17,869		Perrigo Co plc		2,688,391
	847,759		Pfizer, Inc		24,330,683
	10,550	*	Regeneron Pharmaceuticals, Inc		3,336,121
	52,997		Thermo Electron Corp		6,439,136
	31,469	*	Vertex Pharmaceuticals, Inc		2,797,909
	11,220	*	Waters Corp		1,160,597
	66,300		Zoetis Inc		2,181,933
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		209,291,832
REAL ESTATE - 2.3%
	52,786		American Tower Corp		4,982,471
	19,575		Apartment Investment & Management Co (Class A)		669,073
	16,289		AvalonBay Communities, Inc		2,412,075
	20,457		Boston Properties, Inc		2,443,589
	37,154	*	CBRE Group, Inc		1,145,829
	44,508		Crown Castle International Corp		3,301,603
	44,440		Equity Residential		2,873,046
	8,274		Essex Property Trust, Inc		1,568,502
	68,996		General Growth Properties, Inc		1,612,437
	61,218		HCP, Inc		2,542,384
	40,422		Health Care REIT, Inc		2,572,052
	100,175		Host Marriott Corp		2,177,804
	55,396		Kimco Realty Corp		1,239,762
	18,681		Macerich Co		1,214,452
	23,256		Plum Creek Timber Co, Inc		962,101
	66,115		Prologis, Inc		2,698,153
	19,179		Public Storage, Inc		3,291,308
	41,290		Simon Property Group, Inc		6,944,565
	39,337		Ventas, Inc		2,497,900
	23,264		Vornado Realty Trust		2,466,449
	69,677		Weyerhaeuser Co		2,182,284
			TOTAL REAL ESTATE		51,797,839

207

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
RETAILING - 4.0%
	49,535	*	Amazon.com, Inc	$	15,503,960
	8,555	*	Autonation, Inc		456,153
	4,395	*	AutoZone, Inc		2,272,347
	26,999	*	Bed Bath & Beyond, Inc		1,708,767
	36,801		Best Buy Co, Inc		1,094,094
	29,163	*	Carmax, Inc		1,423,446
	40,155	*	Dollar General Corp		2,217,761
	27,363	*	Dollar Tree, Inc		1,490,463
	13,769		Expedia, Inc		1,093,534
	12,646		Family Dollar Stores, Inc		945,288
	15,344	e	GameStop Corp (Class A)		643,988
	34,423		Gap, Inc		1,380,706
	20,322		Genuine Parts Co		1,683,068
	181,986		Home Depot, Inc		14,713,568
	25,796		Kohl’s Corp		1,381,118
	32,449		L Brands, Inc		1,881,068
	133,014		Lowe’s Companies, Inc		6,364,720
	48,134		Macy’s, Inc		2,781,664
	7,945	*	NetFlix, Inc		3,358,510
	18,605		Nordstrom, Inc		1,288,024
	14,031	*	O’Reilly Automotive, Inc		2,104,650
	13,037	e	Petsmart, Inc		888,341
	6,967	*	Priceline.com, Inc		8,656,149
	28,496		Ross Stores, Inc		1,835,142
	85,665		Staples, Inc		992,857
	84,254		Target Corp		5,020,696
	14,687		Tiffany & Co		1,433,598
	93,421		TJX Companies, Inc		4,978,405
	18,300		Tractor Supply Co		1,137,711
	14,708	*	TripAdvisor, Inc		1,394,907
	13,864	*	Urban Outfitters, Inc		495,361
			TOTAL RETAILING		92,620,064
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.4%
	41,447		Altera Corp		1,356,146
	42,049		Analog Devices, Inc		2,086,892
	162,172		Applied Materials, Inc		3,399,125
	33,287		Avago Technologies Ltd		2,309,452
	74,194		Broadcom Corp (Class A)		2,838,662
	9,388	*	First Solar, Inc		592,477
	661,650		Intel Corp		22,423,319
	21,940		Kla-Tencor Corp		1,568,491
	21,442		Lam Research Corp		1,500,940
	31,298		Linear Technology Corp		1,381,337
	26,704	e	Microchip Technology, Inc		1,202,214
	142,449	*	Micron Technology, Inc		4,351,817
	73,945		Nvidia Corp		1,294,037
	143,420		Texas Instruments, Inc		6,633,175
	35,570		Xilinx, Inc		1,462,994
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		54,401,078

208

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
SOFTWARE & SERVICES - 10.3%
	84,082		Accenture plc	$	6,666,021
	61,737	*	Adobe Systems, Inc		4,266,644
	23,553	*	Akamai Technologies, Inc		1,390,098
	7,176	*	Alliance Data Systems Corp		1,882,193
	30,149	*	Autodesk, Inc		1,608,449
	64,086		Automatic Data Processing, Inc		5,210,833
	42,196		CA, Inc		1,218,620
	21,687	*	Citrix Systems, Inc		1,468,861
	81,151	*	Cognizant Technology Solutions Corp (Class A)		3,980,457
	19,346		Computer Sciences Corp		1,206,997
	151,679	*	eBay, Inc		8,008,651
	41,573	*	Electronic Arts, Inc		1,396,853
	228,424	*	Facebook, Inc		16,595,003
	38,077		Fidelity National Information Services, Inc		2,147,543
	32,969	*	Fiserv, Inc		2,033,198
	37,653	*	Google, Inc		21,522,455
	37,652	*	Google, Inc (Class A)		21,821,217
	126,520		International Business Machines Corp		24,250,088
	37,860		Intuit, Inc		3,103,384
	133,545		Mastercard, Inc (Class A)		9,902,362
	999,192		Microsoft Corp		43,125,127
	456,316		Oracle Corp		18,430,603
	42,828		Paychex, Inc		1,756,376
	25,058	*	Red Hat, Inc		1,456,371
	75,376	*	Salesforce.com, Inc		4,089,148
	92,491		Symantec Corp		2,188,337
	20,892	*	Teradata Corp		880,807
	22,203		Total System Services, Inc		710,496
	16,423	*,e	VeriSign, Inc		887,663
	66,872		Visa, Inc (Class A)		14,110,661
	71,335	e	Western Union Co		1,246,222
	145,515		Xerox Corp		1,929,529
	124,263	*	Yahoo!, Inc		4,449,858
			TOTAL SOFTWARE & SERVICES		234,941,125
TECHNOLOGY HARDWARE & EQUIPMENT - 6.7%
	20,788		Amphenol Corp (Class A)		1,999,182
	801,360	d	Apple, Inc		76,585,975
	680,987		Cisco Systems, Inc		17,181,302
	174,552		Corning, Inc		3,429,947
	272,256		EMC Corp		7,977,101
	10,021	*	F5 Networks, Inc		1,128,264
	18,994		Flir Systems, Inc		632,120
	14,260		Harris Corp		973,530
	248,701		Hewlett-Packard Co		8,856,243
	24,462		Jabil Circuit, Inc		488,262
	62,723	*	Juniper Networks, Inc		1,476,499
	29,926		Motorola, Inc		1,905,688
	43,852		NetApp, Inc		1,703,212
	224,352		Qualcomm, Inc		16,534,743

209

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	30,202		SanDisk Corp	$	2,769,825
	43,625		Seagate Technology, Inc		2,556,425
	54,471		TE Connectivity Ltd		3,371,210
	27,933		Western Digital Corp		2,788,551
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		152,358,079
TELECOMMUNICATION SERVICES - 2.5%
	689,775		AT&T, Inc		24,549,092
	76,460		CenturyTel, Inc		3,000,290
	132,979	e	Frontier Communications Corp		871,013
	550,405		Verizon Communications, Inc		27,751,420
	81,224	e	Windstream Holdings, Inc		930,827
			TOTAL TELECOMMUNICATION SERVICES		57,102,642
TRANSPORTATION - 2.0%
	19,871		CH Robinson Worldwide, Inc		1,340,498
	133,985		CSX Corp		4,008,831
	112,510		Delta Air Lines, Inc		4,214,625
	26,109		Expeditors International of Washington, Inc		1,127,387
	37,055		FedEx Corp		5,442,638
	14,607		Kansas City Southern Industries, Inc		1,593,039
	41,210		Norfolk Southern Corp		4,189,409
	7,139		Ryder System, Inc		614,882
	91,605		Southwest Airlines Co		2,590,589
	120,391		Union Pacific Corp		11,835,639
	93,720		United Parcel Service, Inc (Class B)		9,099,275
			TOTAL TRANSPORTATION		46,056,812
UTILITIES - 3.0%
	87,749		AES Corp		1,282,013
	15,773		AGL Resources, Inc		814,518
	32,495		Ameren Corp		1,249,433
	65,061		American Electric Power Co, Inc		3,382,521
	56,879		Centerpoint Energy, Inc		1,383,297
	36,488		CMS Energy Corp		1,055,598
	38,756		Consolidated Edison, Inc		2,173,824
	77,306		Dominion Resources, Inc		5,228,978
	23,444		DTE Energy Co		1,730,636
	93,990		Duke Energy Corp		6,779,499
	43,112		Edison International		2,362,538
	23,773		Entergy Corp		1,731,388
	114,442		Exelon Corp		3,556,857
	55,576		FirstEnergy Corp		1,734,527
	10,651		Integrys Energy Group, Inc		698,279
	57,964		NextEra Energy, Inc		5,442,240
	41,667		NiSource, Inc		1,570,012
	42,358		Northeast Utilities		1,859,516
	44,618		NRG Energy, Inc		1,381,373
	33,464		Pepco Holdings, Inc		898,508
	61,498		PG&E Corp		2,747,116
	14,542		Pinnacle West Capital Corp		777,852
	84,213		PPL Corp		2,778,187

210

TIAA-CREF FUNDS - S&P 500 Index Fund

SHARES			COMPANY	VALUE
	66,952		Public Service Enterprise Group, Inc	$	2,354,702
	18,697		SCANA Corp		951,303
	30,414		Sempra Energy		3,032,580
	118,431		Southern Co		5,126,878
	31,563		TECO Energy, Inc		551,090
	29,834		Wisconsin Energy Corp		1,300,166
	67,219		Xcel Energy, Inc		2,070,346
			TOTAL UTILITIES		68,005,775
			TOTAL COMMON STOCKS		2,283,035,036
			(Cost $1,625,397,173)
SHORT-TERM INVESTMENTS - 0.8%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.8%
	18,762,717	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		18,762,717
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		18,762,717
			TOTAL SHORT-TERM INVESTMENTS		18,762,717
			(Cost $18,762,717)
			TOTAL INVESTMENTS - 100.6%		2,301,797,753
			(Cost $1,644,159,890)
			OTHER ASSETS & LIABILITIES, NET - (0.6)%		(13,095,957	)
			NET ASSETS - 100.0%	$	2,288,701,796

	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 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 $18,057,487.

211

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

TIAA-CREF FUNDS

SMALL-CAP BLEND INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.9%
AUTOMOBILES & COMPONENTS - 1.2%
	65,534	*	American Axle & Manufacturing Holdings, Inc	$	1,205,170
	58,503		Cooper Tire & Rubber Co		1,690,152
	12,253	*,e	Cooper-Standard Holding, Inc		759,686
	146,866		Dana Holding Corp		3,286,861
	25,698	e	Dorman Products, Inc		1,114,779
	22,488		Drew Industries, Inc		1,011,960
	25,412	*	Federal Mogul Corp (Class A)		405,067
	10,673	*	Fox Factory Holding Corp		158,814
	13,759	*	Fuel Systems Solutions, Inc		144,470
	33,799	*	Gentherm, Inc		1,414,488
	46,498	*	Modine Manufacturing Co		640,277
	14,361	*	Motorcar Parts of America, Inc		319,676
	13,622		Remy International, Inc		302,136
	7,143		Shiloh Industries, Inc		121,431
	32,064		Spartan Motors, Inc		137,875
	18,844		Standard Motor Products, Inc		679,326
	26,814	*	Stoneridge, Inc		294,150
	2,943		Strattec Security Corp		184,909
	22,475		Superior Industries International, Inc		420,507
	57,217	*	Tenneco, Inc		3,644,723
	19,596	*	Tower International, Inc		617,274
	27,008	*	Winnebago Industries, Inc		634,688
			TOTAL AUTOMOBILES & COMPONENTS		19,188,419
BANKS - 9.2%
	14,432		1st Source Corp		409,724
	28,054		1st United Bancorp, Inc		234,251
	6,949		American National Bankshares, Inc		149,473
	23,988		Ameris Bancorp		523,898
	8,247	e	Ames National Corp		184,650
	31,160		Apollo Residential Mortgage		507,908
	8,652	e	Arrow Financial Corp		219,761
	82,325		Astoria Financial Corp		1,060,346
	28,260	e	Banc of California, Inc		335,446
	6,760		Bancfirst Corp		411,684
	26,997	e	Banco Latinoamericano de Exportaciones S.A. (Class E)		801,541
	91,351		Bancorpsouth, Inc		1,906,495
	47,368		Bank Mutual Corp		285,629
	5,980		Bank of Kentucky Financial Corp		206,609
	5,477		Bank of Marin Bancorp		245,479
	75,622		Bank of the Ozarks, Inc		2,326,889
	18,547		BankFinancial Corp		189,550
	17,677		Banner Corp		711,323
	75,647		BBCN Bancorp, Inc		1,136,218

212

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	7,909	*	BBX Capital Corp	$	142,995
	28,591	*	Beneficial Mutual Bancorp, Inc		373,970
	23,361		Berkshire Hills Bancorp, Inc		564,635
	19,705	e	BNC Bancorp		326,709
	13,375	*	BofI Holding, Inc		997,641
	76,097		Boston Private Financial Holdings, Inc		949,691
	11,054		Bridge Bancorp, Inc		264,191
	9,355	*	Bridge Capital Holdings		199,542
	68,925		Brookline Bancorp, Inc		622,393
	13,378		Bryn Mawr Bank Corp		394,651
	7,529		Camden National Corp		266,752
	23,528	*	Capital Bank Financial Corp		535,968
	10,709		Capital City Bank Group, Inc		143,822
	133,702		Capitol Federal Financial		1,564,313
	30,398		Cardinal Financial Corp		536,829
	25,451	*	Cascade Bancorp		137,944
	75,732		Cathay General Bancorp		1,937,982
	33,816		Centerstate Banks of Florida, Inc		352,363
	14,794		Central Pacific Financial Corp		264,813
	3,258		Century Bancorp, Inc		114,095
	22,425		Charter Financial Corp		245,554
	28,427		Chemical Financial Corp		784,585
	11,842		Citizens & Northern Corp		224,880
	14,984	e	City Holding Co		624,084
	25,149		Clifton Bancorp, Inc		310,842
	13,729		CNB Financial Corp		226,940
	35,823		CoBiz, Inc		405,516
	50,063		Columbia Banking System, Inc		1,276,106
	38,687		Community Bank System, Inc		1,362,943
	13,786		Community Trust Bancorp, Inc		482,372
	10,837	*,e	CommunityOne Bancorp		99,809
	22,155		ConnectOne Bancorp, Inc		420,945
	9,568	*,e	CU Bancorp		177,582
	23,838	*	Customers Bancorp, Inc		451,968
	100,437		CVB Financial Corp		1,535,682
	32,353		Dime Community Bancshares		489,177
	21,637	*	Eagle Bancorp, Inc		720,728
	7,076		Enterprise Bancorp, Inc		138,760
	19,421		Enterprise Financial Services Corp		338,896
	9,396		ESB Financial Corp		116,792
	39,604	*	Essent Group Ltd		721,189
	84,515		EverBank Financial Corp		1,605,785
	9,895		Federal Agricultural Mortgage Corp (Class C)		288,439
	16,594		Fidelity Southern Corp		229,827
	13,204		Financial Institutions, Inc		293,129
	18,733		First Bancorp (NC)		301,227
	99,028	*	First Bancorp (Puerto Rico)		509,004
	8,470		First Bancorp, Inc		138,993
	69,328		First Busey Corp		384,770
	3,739		First Business Financial Services, Inc		163,095
	7,151		First Citizens Bancshares, Inc (Class A)		1,590,025
	89,428		First Commonwealth Financial Corp		765,504

213

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	15,815		First Community Bancshares, Inc	$	232,639
	16,091		First Connecticut Bancorp		239,434
	9,649		First Defiance Financial Corp		260,620
	54,883		First Financial Bancorp		896,788
	60,368	e	First Financial Bankshares, Inc		1,773,612
	11,117		First Financial Corp		340,847
	15,614		First Financial Northwest, Inc		164,259
	17,219		First Interstate Bancsystem, Inc		449,416
	34,674		First Merchants Corp		691,053
	71,621		First Midwest Bancorp, Inc		1,160,260
	13,876	*	First NBC Bank Holding Co		441,118
	8,008		First of Long Island Corp		281,721
	154,407		FirstMerit Corp		2,717,563
	18,797	*	Flagstar Bancorp, Inc		343,985
	29,926		Flushing Financial Corp		556,025
	156,529		FNB Corp		1,925,307
	11,568		Fox Chase Bancorp, Inc		194,574
	10,062		Franklin Financial Corp		200,133
	12,538		German American Bancorp, Inc		324,107
	71,062		Glacier Bancorp, Inc		1,881,722
	9,949		Great Southern Bancorp, Inc		310,210
	14,000		Guaranty Bancorp		182,000
	29,360	*,e	Hampton Roads Bankshares, Inc		48,444
	78,253		Hancock Holding Co		2,538,527
	30,248		Hanmi Financial Corp		638,838
	15,510		Heartland Financial USA, Inc		369,603
	18,150		Heritage Commerce Corp		145,200
	28,675		Heritage Financial Corp		456,219
	21,368	*	Heritage Oaks Bancorp		152,568
	51,065		Home Bancshares, Inc		1,535,014
	67,545		Home Loan Servicing Solutions Ltd		1,445,463
	13,054		HomeStreet, Inc		227,662
	20,707	*	HomeTrust Bancshares, Inc		314,953
	8,719		Horizon Bancorp		185,889
	14,933		Hudson Valley Holding Corp		259,685
	29,686		IBERIABANK Corp		1,947,698
	22,731		Independent Bank Corp (MA)		829,909
	21,819		Independent Bank Corp (MI)		288,884
	8,666		Independent Bank Group, Inc		416,055
	51,814		International Bancshares Corp		1,313,485
	337,895		Investors Bancorp, Inc		3,497,213
	12,681	*	Kearny Financial Corp		191,103
	14,591	*	Ladder Capital Corp		256,802
	35,992		Lakeland Bancorp, Inc		361,360
	15,868		Lakeland Financial Corp		577,437
	24,759	e	Macatawa Bank Corp		116,367
	19,388		MainSource Financial Group, Inc		316,606
	52,469		MB Financial, Inc		1,413,515
	12,682		Mercantile Bank Corp		242,480
	4,949		Merchants Bancshares, Inc		143,818
	18,081	*	Meridian Bancorp, Inc		196,364
	6,154		Meta Financial Group, Inc		226,467

214

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	321,941	*	MGIC Investment Corp	$	2,379,144
	7,893		Midsouth Bancorp, Inc		153,914
	6,649		MidWestOne Financial Group, Inc		156,252
	3,697	e	NASB Financial, Inc		83,183
	39,105		National Bank Holdings Corp		774,670
	6,633	e	National Bankshares, Inc		193,219
	112,604		National Penn Bancshares, Inc		1,159,821
	41,564		NBT Bancorp, Inc		971,351
	32,037	*	NewBridge Bancorp		239,957
	48,071	*,e	NMI Holdings, Inc		480,229
	51,111		Northfield Bancorp, Inc		652,176
	6,493		Northrim BanCorp, Inc		159,079
	89,007		Northwest Bancshares, Inc		1,103,687
	13,582		OceanFirst Financial Corp		216,090
	42,843		OFG Bancorp		683,774
	7,938		Old Line Bancshares, Inc		111,211
	100,502		Old National Bancorp		1,344,717
	11,012		OmniAmerican Bancorp, Inc		272,107
	4,359	*	Opus Bank		129,462
	44,556		Oritani Financial Corp		659,429
	17,062		Pacific Continental Corp		229,313
	15,674	*	Pacific Premier Bancorp, Inc		224,138
	3,918	*,e	Palmetto Bancshares, Inc		51,718
	12,180	e	Park National Corp		917,641
	41,895		Park Sterling Bank		287,400
	11,453		Peapack Gladstone Financial Corp		211,881
	4,592		Penns Woods Bancorp, Inc		197,043
	13,626	*	Pennsylvania Commerce Bancorp, Inc		312,717
	12,718	*	PennyMac Financial Services, Inc		192,423
	10,656		Peoples Bancorp, Inc		248,604
	7,171	e	Peoples Financial Services Corp		335,459
	33,828		Pinnacle Financial Partners, Inc		1,251,636
	11,131	*	Preferred Bank		246,997
	67,927		PrivateBancorp, Inc		1,956,298
	65,386		Prosperity Bancshares, Inc		3,800,888
	57,548		Provident Financial Services, Inc		961,627
	181,517		Radian Group, Inc		2,298,005
	29,921		Renasant Corp		849,756
	9,959		Republic Bancorp, Inc (Class A)		231,646
	29,313	*,e	Republic First Bancorp, Inc		128,977
	28,504		S&T Bancorp, Inc		693,502
	24,229		Sandy Spring Bancorp, Inc		567,201
	18,502	*	Seacoast Banking Corp of Florida		191,496
	1,209		ServisFirst Bancshares, Inc		34,082
	10,766		Sierra Bancorp		170,103
	15,506		Simmons First National Corp (Class A)		614,503
	22,932		South State Corp		1,332,579
	17,953	e	Southside Bancshares, Inc		526,202
	18,853		Southwest Bancorp, Inc		290,713
	5,332	*	Square  Financial, Inc		101,628
	30,509		State Bank & Trust Co		503,704
	79,567		Sterling Bancorp/DE		946,847

215

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	13,947		Stock Yards Bancorp, Inc	$	408,229
	9,433	e	Stonegate Bank		224,694
	13,635	*,e	Stonegate Mortgage Corp		175,482
	11,040	*	Suffolk Bancorp		223,560
	40,536	*	Sun Bancorp, Inc		152,415
	177,062		Susquehanna Bancshares, Inc		1,802,491
	17,026	*	Talmer Bancorp Inc		227,978
	16,776	*	Taylor Capital Group, Inc		357,664
	7,390		Territorial Bancorp, Inc		148,539
	40,969	*	Texas Capital Bancshares, Inc		2,132,436
	31,486	*	The Bancorp, Inc		299,117
	14,127		Tompkins Trustco, Inc		628,369
	28,069	e	TowneBank		414,860
	6,787		Tree.com, Inc		173,204
	15,950	e	Trico Bancshares		356,802
	21,029	*	Tristate Capital Holdings, Inc		205,874
	90,945		Trustco Bank Corp NY		599,328
	63,930		Trustmark Corp		1,472,308
	35,652		UMB Financial Corp		2,018,973
	158,496		Umpqua Holdings Corp		2,681,752
	43,758		Union Bankshares Corp		1,044,941
	65,275	e	United Bankshares, Inc		2,094,022
	47,032		United Community Banks, Inc		778,380
	47,920		United Community Financial Corp		206,056
	51,046		United Financial Bancorp, Inc (New)		647,263
	16,715		Univest Corp of Pennsylvania		316,248
	185,439	e	Valley National Bancorp		1,776,506
	38,005		ViewPoint Financial Group		955,446
	17,596	*	Walker & Dunlop, Inc		240,185
	96,068		Washington Federal, Inc		2,013,585
	14,276		Washington Trust Bancorp, Inc		491,094
	32,757		Waterstone Financial, Inc		361,310
	85,911		Webster Financial Corp		2,463,068
	25,028		WesBanco, Inc		747,837
	15,179		West Bancorporation, Inc		221,006
	24,204	e	Westamerica Bancorporation		1,157,435
	71,758	*	Western Alliance Bancorp		1,643,258
	66,847		Wilshire Bancorp, Inc		629,699
	43,468		Wintrust Financial Corp		2,013,872
	8,471		WSFS Financial Corp		606,439
	18,945	*	Yadkin Financial Corp		351,619
			TOTAL BANKS		144,477,885
CAPITAL GOODS - 8.6%
	40,764		Aaon, Inc		799,790
	37,645		AAR Corp		1,012,650
	36,473	*	Accuride Corp		182,365
	26,527		Aceto Corp		444,593
	67,717		Actuant Corp (Class A)		2,185,905
	36,704	*	Aegion Corp		840,889
	18,090	*	Aerovironment, Inc		569,654
	61,485		Aircastle Ltd		1,103,656

216

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	6,782		Alamo Group, Inc	$	322,348
	26,779		Albany International Corp (Class A)		959,759
	26,030		Altra Holdings, Inc		816,040
	18,971	*	Ameresco, Inc		142,662
	8,798	e	American Railcar Industries, Inc		601,959
	7,626		American Science & Engineering, Inc		478,913
	11,716	*	American Woodmark Corp		344,450
	27,668		Apogee Enterprises, Inc		897,827
	39,744		Applied Industrial Technologies, Inc		1,925,994
	2,910	*,e	ARC Group Worldwide, Inc		43,272
	11,894		Argan, Inc		403,207
	93,085	*	ArvinMeritor, Inc		1,170,078
	17,963		Astec Industries, Inc		698,222
	14,997	*	Astronics Corp		869,826
	24,833		AZZ, Inc		1,083,712
	51,558		Barnes Group, Inc		1,765,861
	45,868	*	Beacon Roofing Supply, Inc		1,267,792
	47,062	*	Blount International, Inc		614,630
	44,643		Briggs & Stratton Corp		818,306
	43,338	*	Builders FirstSource, Inc		257,428
	16,619	*	CAI International, Inc		317,257
	311,743	*,e	Capstone Turbine Corp		433,323
	29,017	*	Chart Industries, Inc		2,206,743
	16,791		CIRCOR International, Inc		1,206,769
	47,538		Clarcor, Inc		2,819,479
	18,886		Columbus McKinnon Corp		439,099
	32,017		Comfort Systems USA, Inc		477,053
	25,195	*	Commercial Vehicle Group, Inc		230,786
	11,477	*	Continental Building Products Inc		151,382
	19,480		Cubic Corp		854,393
	45,831		Curtiss-Wright Corp		2,910,727
	71,747	*	DigitalGlobe, Inc		1,876,184
	21,162		Douglas Dynamics, Inc		353,405
	10,402	*	Ducommun, Inc		287,615
	12,319	*	DXP Enterprises, Inc		875,019
	32,261	*	Dycom Industries, Inc		907,179
	13,747		Dynamic Materials Corp		281,539
	63,974		EMCOR Group, Inc		2,618,456
	20,011		Encore Wire Corp		839,261
	39,009	*,e	Energy Recovery, Inc		174,760
	44,622		EnerSys		2,830,373
	16,710	*	Engility Holdings, Inc		577,498
	17,290	*,e	Enphase Energy, Inc		178,087
	21,612	*	EnPro Industries, Inc		1,478,693
	5,371	*,e	Erickson Air-Crane, Inc		78,578
	25,310		ESCO Technologies, Inc		849,150
	30,303	*	Esterline Technologies Corp		3,289,391
	59,841		Federal Signal Corp		865,301
	45,588		Franklin Electric Co, Inc		1,670,800
	11,886		Freightcar America, Inc		256,500
	207,649	*,e	FuelCell Energy, Inc		514,970
	36,582	*	Furmanite Corp		334,725

217

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	56,862	*,e	GenCorp, Inc	$	1,009,300
	65,280	e	Generac Holdings, Inc		2,833,152
	46,241		General Cable Corp		1,027,937
	6,178	*	General Finance Corp		55,046
	29,355	*	Gibraltar Industries, Inc		431,225
	18,481		Global Brass & Copper Holdings, Inc		280,542
	16,227		Global Power Equipment Group, Inc		267,259
	18,389		Gorman-Rupp Co		532,913
	111,767	*,e	GrafTech International Ltd		938,843
	10,377		Graham Corp		312,970
	36,412		Granite Construction, Inc		1,185,211
	56,937		Great Lakes Dredge & Dock Corp		411,085
	26,229	e	Greenbrier Cos, Inc		1,690,459
	39,023		Griffon Corp		420,278
	29,587		H&E Equipment Services, Inc		1,070,458
	76,796		Harsco Corp		1,940,635
	63,241		Heico Corp		3,108,928
	59,261		Hillenbrand, Inc		1,780,793
	17,906		Houston Wire & Cable Co		215,051
	5,313		Hurco Cos, Inc		170,600
	9,765		Hyster-Yale Materials Handling, Inc		782,176
	49,217	*	II-VI, Inc		675,257
	17,354		Insteel Industries, Inc		318,446
	27,730		John Bean Technologies Corp		722,366
	10,616		Kadant, Inc		404,894
	26,344		Kaman Corp		1,054,023
	30,072	*,e	KEYW Holding Corp		393,943
	43,981	*	Kratos Defense & Security Solutions, Inc		321,061
	18,846	*,e	Layne Christensen Co		204,479
	9,425		LB Foster Co (Class A)		439,676
	12,074	e	Lindsay Manufacturing Co		977,390
	10,265	*,e	LMI Aerospace, Inc		134,369
	20,502		LSI Industries, Inc		146,384
	16,573	*	Lydall, Inc		418,137
	13,621	*	Manitex International, Inc		188,242
	27,952	*,e	Masonite International Corp		1,369,928
	59,173	*	Mastec, Inc		1,608,914
	10,709		Miller Industries, Inc		205,506
	41,673	*	Moog, Inc (Class A)		2,751,251
	53,926		Mueller Industries, Inc		1,500,761
	151,867		Mueller Water Products, Inc (Class A)		1,176,969
	20,827	*	MYR Group, Inc		516,718
	4,833	e	National Presto Industries, Inc		309,795
	26,685	*	NCI Building Systems, Inc		447,241
	17,098		NN, Inc		495,842
	7,280	*	Norcraft Cos, Inc		102,648
	8,762	*	Nortek, Inc		698,945
	9,053	*	Northwest Pipe Co		324,550
	2,779		Omega Flex, Inc		47,076
	57,781	*	Orbital Sciences Corp		1,483,238
	23,672	*	Orion Marine Group, Inc		255,894
	7,007	*	Patrick Industries, Inc		291,842

218

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	35,660	*	Perini Corp	$	971,022
	44,991	*	Pgt, Inc		416,617
	19,800		Pike Electric Corp		159,588
	158,908	*,e	Plug Power, Inc		861,281
	20,317	*,e	Ply Gem Holdings, Inc		169,241
	42,859	*,e	Polypore International, Inc		1,847,223
	9,152		Powell Industries, Inc		534,568
	4,245	*,e	Power Solutions International, Inc		259,285
	21,005	*,e	PowerSecure International, Inc		206,479
	2,540		Preformed Line Products Co		137,643
	36,140		Primoris Services Corp		863,023
	21,473	*,e	Proto Labs, Inc		1,739,313
	36,048		Quanex Building Products Corp		616,060
	33,715		Raven Industries, Inc		939,637
	22,107		RBC Bearings, Inc		1,226,496
	33,114	*,e	Revolution Lighting Technologies, Inc		70,202
	71,169	*	Rexnord Corp		1,915,158
	33,085	*	Rush Enterprises, Inc (Class A)		1,165,585
	2,429		SIFCO Industries, Inc		67,988
	39,763		Simpson Manufacturing Co, Inc		1,209,193
	9,657	*	Sparton Corp		266,919
	12,146		Standex International Corp		801,029
	17,873	*	Sterling Construction Co, Inc		158,534
	13,886	*	Stock Building Supply Holdings, Inc		204,957
	21,314		Sun Hydraulics Corp		777,535
	32,338	e	TAL International Group, Inc		1,429,340
	50,374	*	Taser International, Inc		607,510
	35,528	*	Teledyne Technologies, Inc		3,240,154
	17,525		Tennant Co		1,278,449
	20,544	e	Textainer Group Holdings Ltd		751,294
	9,435	*,e	The ExOne Company		308,619
	29,997	*	Thermon Group Holdings		731,327
	41,922	e	Titan International, Inc		625,476
	15,960	*,e	Titan Machinery, Inc		233,974
	31,938	*	Trex Co, Inc		899,055
	43,215	*	Trimas Corp		1,369,051
	7,836		Twin Disc, Inc		225,990
	19,031		Universal Forest Products, Inc		833,177
	15,512	*	Vicor Corp		122,235
	63,999	*	Wabash National Corp		871,026
	24,747		Watsco, Inc		2,216,589
	27,357		Watts Water Technologies, Inc (Class A)		1,599,290
	62,314		Woodward Governor Co		3,113,207
	10,800	*	Xerium Technologies, Inc		140,400
			TOTAL CAPITAL GOODS		134,437,668
COMMERCIAL & PROFESSIONAL SERVICES - 3.5%
	53,127		ABM Industries, Inc		1,307,455
	47,606	e	Acacia Research (Acacia Technologies)		812,158
	109,042	*	ACCO Brands Corp		721,858
	21,541		Administaff, Inc		687,373
	34,814	*	Advisory Board Co		1,745,574

219

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	20,503		American Ecology Corp	$	927,966
	40,180	*	ARC Document Solutions, Inc		218,981
	6,613		Barrett Business Services, Inc		377,470
	45,641		Brady Corp (Class A)		1,193,512
	45,656		Brink’s Co		1,225,407
	41,003	*	Casella Waste Systems, Inc (Class A)		193,534
	39,049	*	CBIZ, Inc		318,640
	14,084		CDI Corp		195,345
	19,543	e	Ceco Environmental Corp		265,394
	59,494	*,e	Cenveo, Inc		200,495
	86,882	*	Civeo Corp		2,206,803
	32,146		Corporate Executive Board Co		1,995,302
	14,346	*,e	Corporate Resource Services, Inc		28,405
	9,692	*	CRA International, Inc		231,445
	47,593		Deluxe Corp		2,618,091
	24,851		Ennis, Inc		352,387
	11,851		Exponent, Inc		842,369
	9,815	*	Franklin Covey Co		185,111
	38,848	*	FTI Consulting, Inc		1,435,822
	19,023		G & K Services, Inc (Class A)		914,816
	14,141	*	GP Strategies Corp		384,777
	67,150		Healthcare Services Group		1,755,301
	17,322		Heidrick & Struggles International, Inc		323,402
	8,700	*	Heritage-Crystal Clean, Inc		147,552
	55,273		Herman Miller, Inc		1,616,183
	22,897	*	Hill International, Inc		110,135
	43,533		HNI Corp		1,538,456
	22,390	*	Huron Consulting Group, Inc		1,353,252
	19,067	*	ICF International, Inc		659,146
	149,056	*	ICO Global Communications Holdings Ltd		219,112
	30,828	*	Innerworkings, Inc		251,248
	63,245		Interface, Inc		1,002,433
	25,983		Kelly Services, Inc (Class A)		414,169
	26,077		Kforce, Inc		518,672
	32,084		Kimball International, Inc (Class B)		505,965
	46,944		Knoll, Inc		789,129
	47,314	*	Korn/Ferry International		1,391,978
	24,625		McGrath RentCorp		850,794
	15,787	*	Mistras Group, Inc		333,421
	44,419		Mobile Mini, Inc		1,677,261
	28,087		MSA Safety, Inc		1,454,345
	11,792		Multi-Color Corp		464,251
	46,740	*	Navigant Consulting, Inc		762,797
	5,347		NL Industries, Inc		46,519
	51,300	*	On Assignment, Inc		1,385,613
	7,730	*,e	Paylocity Holding Corp		151,431
	27,925	*	Performant Financial Corp		267,801
	26,274		Quad		554,907
	12,069	*,e	Quest Resource Holding Corp		50,448
	37,798		Resources Connection, Inc		570,750
	49,825	*	RPX Corp		777,270
	14,599	*	SP Plus Corp		286,140

220

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	78,632		Steelcase, Inc (Class A)	$	1,187,343
	19,445	*	Team, Inc		770,216
	60,505		Tetra Tech, Inc		1,469,061
	14,440	*	TriNet Group, Inc		337,896
	39,327	*	TrueBlue, Inc		1,061,436
	14,041		Unifirst Corp		1,364,926
	37,468		United Stationers, Inc		1,445,515
	19,566		Viad Corp		415,191
	3,953		VSE Corp		235,480
	33,214	*	WageWorks, Inc		1,386,352
	36,636		West Corp		944,110
			TOTAL COMMERCIAL & PROFESSIONAL SERVICES		54,433,897
CONSUMER DURABLES & APPAREL - 2.8%
	12,479		Arctic Cat, Inc		444,252
	25,836	*	Beazer Homes USA, Inc		396,583
	21,600	*,e	Black Diamond, Inc		189,648
	86,939		Brunswick Corp		3,506,250
	72,758		Callaway Golf Co		552,961
	8,403	*	Cavco Industries, Inc		599,890
	12,725		Columbia Sportswear Co		951,321
	83,291	*	CROCS, Inc		1,321,828
	8,427		CSS Industries, Inc		208,063
	8,520		Culp, Inc		154,382
	12,044	*	Dixie Group, Inc		101,049
	8,006		Escalade, Inc		127,295
	24,448	e	Ethan Allen Interiors, Inc		560,348
	3,540		Flexsteel Industries, Inc		107,120
	16,878	*	G-III Apparel Group Ltd		1,310,914
	26,880	*	Helen of Troy Ltd		1,441,574
	111,363	*,e	Hovnanian Enterprises, Inc (Class A)		445,452
	43,412	*	Iconix Brand Group, Inc		1,833,289
	8,700	*	Installed Building Products Inc		96,396
	27,700	*,e	iRobot Corp		896,649
	18,424	*,e	Jakks Pacific, Inc		114,966
	3,848		Johnson Outdoors, Inc		88,735
	79,794	e	KB Home		1,300,642
	49,808		La-Z-Boy, Inc		1,047,960
	62,579	*,e	Leapfrog Enterprises, Inc		451,820
	13,572	*	LGI Homes, Inc		246,875
	20,425	*	Libbey, Inc		531,867
	9,065		Lifetime Brands, Inc		154,105
	23,658	*	M/I Homes, Inc		486,882
	7,262	*	Malibu Boats Inc		139,794
	7,584		Marine Products Corp		64,388
	37,130	e	MDC Holdings, Inc		1,001,396
	37,191	*	Meritage Homes Corp		1,424,415
	17,360		Movado Group, Inc		710,545
	4,790		Nacco Industries, Inc (Class A)		228,435
	30,213	*	Nautilus, Inc		300,922
	8,913	*	New Home Co Inc		115,958
	13,824		Oxford Industries, Inc		823,496

221

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	12,107		Perry Ellis International, Inc	$	222,769
	43,345		Pool Corp		2,373,572
	130,065	*	Quiksilver, Inc		388,894
	8,793		RG Barry Corp		166,100
	44,632		Ryland Group, Inc		1,432,687
	16,098	*	Sequential Brands Group, Inc		193,659
	37,004	*	Skechers U.S.A., Inc (Class A)		1,930,499
	19,941	*	Skullcandy, Inc		134,801
	52,303	*,e	Smith & Wesson Holding Corp		645,942
	137,680	*	Standard-Pacific Corp		1,038,107
	54,988	*	Steven Madden Ltd		1,751,368
	18,460	e	Sturm Ruger & Co, Inc		922,262
	138,525	*	TRI Pointe Homes, Inc		1,871,473
	48,163	*	Tumi Holdings, Inc		1,015,276
	6,741	*,e	Turtle Beach Corp		54,535
	7,320	*	UCP, Inc (Class A)		91,280
	13,854	*	Unifi, Inc		396,779
	15,184	*	Universal Electronics, Inc		723,214
	21,624	*,e	Vera Bradley, Inc		428,804
	9,870	*	Vince Holding Corp		333,507
	7,573	*	WCI Communities, Inc		130,180
	6,119		Weyco Group, Inc		158,849
	16,702	*	William Lyon Homes, Inc		411,203
	94,887		Wolverine World Wide, Inc		2,301,959
			TOTAL CONSUMER DURABLES & APPAREL		43,596,184
CONSUMER SERVICES - 3.8%
	9,571	*,e	2U, Inc		134,568
	16,482	*	American Public Education, Inc		588,407
	13,385	*	Ascent Media Corp (Series A)		829,602
	22,571	*	BJ’s Restaurants, Inc		773,508
	73,396	*	Bloomin’ Brands, Inc		1,437,828
	23,489	e	Bob Evans Farms, Inc		1,115,962
	73,777	*	Boyd Gaming Corp		811,547
	19,028	*	Bravo Brio Restaurant Group, Inc		283,517
	15,511	*	Bridgepoint Education, Inc		186,287
	29,205	*	Bright Horizons Family Solutions		1,214,052
	17,977	*	Buffalo Wild Wings, Inc		2,612,418
	43,508	*,e	Caesars Acquisition Co		500,342
	48,755	*,e	Caesars Entertainment Corp		780,080
	10,505		Capella Education Co		671,900
	64,069	*	Career Education Corp		327,393
	15,391		Carriage Services, Inc		248,257
	25,001	*	Carrols Restaurant Group, Inc		187,758
	17,998		CBRL Group, Inc		1,745,086
	47,667		Cheesecake Factory		2,043,961
	69,992	*,e	Chegg, Inc		450,049
	13,079		Churchill Downs, Inc		1,131,333
	15,964	*	Chuy’s Holdings, Inc		457,369
	20,480		ClubCorp Holdings, Inc		346,317
	4,739	e	Collectors Universe		94,875
	22,449	*	Del Frisco’s Restaurant Group, Inc		478,613

222

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	84,278	*	Denny’s Corp	$	577,304
	33,670	*	Diamond Resorts International, Inc		840,403
	15,947		DineEquity, Inc		1,292,504
	24,131	*,e	Education Management Corp		31,129
	6,190		Einstein Noah Restaurant Group, Inc		93,655
	14,356	*,e	Empire Resorts, Inc		69,339
	4,431	*,e	Famous Dave’s of America, Inc		110,465
	25,474	*	Fiesta Restaurant Group, Inc		1,156,010
	44,380	*	Grand Canyon Education, Inc		1,908,340
	103,524	*,e	Houghton Mifflin Harcourt Co		1,812,705
	6,775	*,e	Ignite Restaurant Group, Inc		87,059
	23,214		International Speedway Corp (Class A)		703,848
	38,287		Interval Leisure Group, Inc		810,919
	12,931	*	Intrawest Resorts Holdings Inc		145,732
	19,018	*	Isle of Capri Casinos, Inc		150,432
	22,234	*,e	ITT Educational Services, Inc		316,390
	37,565		Jack in the Box, Inc		2,148,342
	17,185	*	Jamba, Inc		204,845
	32,466	*,e	K12, Inc		756,782
	61,560	*	Krispy Kreme Doughnuts, Inc		942,484
	39,891	*	La Quinta Holdings, Inc		749,552
	3,888	*	Liberty Tax, Inc		136,508
	38,875	*,e	Life Time Fitness, Inc		1,529,731
	75,523	*,e	LifeLock, Inc		1,048,259
	18,723		Marcus Corp		330,835
	26,950	*	Marriott Vacations Worldwide Corp		1,550,972
	25,812		Matthews International Corp (Class A)		1,122,551
	9,363	*	Monarch Casino & Resort, Inc		116,850
	28,585	*	Morgans Hotel Group Co		212,958
	28,450	*	Multimedia Games, Inc		686,214
	2,830	*	Nathan’s Famous, Inc		140,679
	10,177	*,e	Noodles & Co		285,974
	91,765	*	Orient-Express Hotels Ltd		1,137,886
	29,510		Papa John’s International, Inc		1,230,272
	5,603	*	Papa Murphy’s Holdings, Inc		46,169
	74,701	*	Penn National Gaming, Inc		782,866
	55,733	*	Pinnacle Entertainment, Inc		1,214,979
	22,607	*	Popeyes Louisiana Kitchen, Inc		911,062
	14,212	*,e	Potbelly Corp		164,717
	13,597	*	Red Robin Gourmet Burgers, Inc		875,103
	41,491		Regis Corp		577,970
	58,476	*	Ruby Tuesday, Inc		351,441
	34,557		Ruth’s Chris Steak House, Inc		392,222
	48,176	*	Scientific Games Corp (Class A)		411,423
	51,675	*	Sonic Corp		1,067,089
	57,941		Sotheby’s (Class A)		2,297,361
	11,757		Speedway Motorsports, Inc		205,042
	1,371	*	Steak N Shake Co		582,689
	13,989	*	Steiner Leisure Ltd		558,301
	10,322	*	Strayer Education, Inc		534,886
	66,279		Texas Roadhouse, Inc (Class A)		1,649,022
	20,600		Universal Technical Institute, Inc		246,582

223

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	34,253		Vail Resorts, Inc	$	2,586,102
	25,966	e	Weight Watchers International, Inc		563,203
	5,525	*,e	Zoe’s Kitchen, Inc		160,280
			TOTAL CONSUMER SERVICES		60,067,466
DIVERSIFIED FINANCIALS - 2.8%
	165,746		BGC Partners, Inc (Class A)		1,297,791
	16,189		Calamos Asset Management, Inc (Class A)		192,002
	26,733		Cash America International, Inc		1,186,678
	18,737	e	Cohen & Steers, Inc		777,773
	18,604	*	Consumer Portfolio Services, Inc		135,065
	23,697		CorEnergy Infrastructure Trust, Inc		188,865
	109,766	*	Cowen Group, Inc		439,064
	6,350	*	Credit Acceptance Corp		722,154
	5,349		Deerfield Capital Corp		45,681
	2,795		Diamond Hill Investment Group, Inc		357,145
	24,602	*,e	Encore Capital Group, Inc		1,045,093
	31,313		Evercore Partners, Inc (Class A)		1,708,437
	49,797	*	Ezcorp, Inc (Class A)		487,513
	8,882	*	FBR Capital Markets Corp		248,341
	48,921	e	Financial Engines, Inc		1,905,473
	27,774	*	First Cash Financial Services, Inc		1,566,731
	16,371	e	Friedman Billings Ramsey Group, Inc (Class A)		426,956
	43,298	e	FXCM, Inc		589,719
	21,980	e	Gain Capital Holdings, Inc		139,793
	6,098		GAMCO Investors, Inc (Class A)		467,290
	76,197		GFI Group, Inc		345,172
	29,597	*	Green Dot Corp		532,450
	27,267	e	Greenhill & Co, Inc		1,248,011
	31,415		HFF, Inc (Class A)		1,066,853
	14,012	*	International Assets Holding Corp		274,635
	39,126	*	Internet Capital Group, Inc		662,012
	34,903	*	Investment Technology Group, Inc		638,376
	36,581	e	iShares Russell 2000 Index Fund		4,063,783
	142,895	e	Janus Capital Group, Inc		1,627,574
	12,000	*,e	JGWPT Holdings, Inc		133,320
	51,193	*	KCG Holdings, Inc		584,624
	88,872	*	Ladenburg Thalmann Financial Services, Inc		278,169
	12,965		Manning & Napier, Inc		222,350
	7,606	*	Marcus & Millichap, Inc		186,880
	35,626		MarketAxess Holdings, Inc		2,003,250
	8,576		Marlin Business Services Corp		157,798
	7,011	*,e	Moelis & Co		238,795
	19,657		Nelnet, Inc (Class A)		810,458
	23,318	*	NewStar Financial, Inc		264,193
	10,213		Nicholas Financial, Inc		132,973
	10,059		Oppenheimer Holdings, Inc		229,546
	54,596	*	PHH Corp		1,274,817
	22,542	*	Pico Holdings, Inc		499,305
	15,735	*	Piper Jaffray Cos		811,926
	47,090	*	Portfolio Recovery Associates, Inc		2,776,426
	12,342		Pzena Investment Management, Inc (Class A)		128,480

224

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	8,915	e	RCS Capital Corp (Class A)	$	183,827
	9,689	*	Regional Management Corp		157,543
	12,812		Resource America, Inc (Class A)		120,689
	19,645	*	Safeguard Scientifics, Inc		389,953
	5,170		Silvercrest Asset Management Group, Inc		83,340
	23,475	*,e	Springleaf Holdings, Inc		614,576
	62,686	*	Stifel Financial Corp		2,870,392
	27,654	*	SWS Group, Inc		198,003
	7,383	*,e	Tiptree Financial, Inc		52,493
	6,727		Virtus Investment Partners, Inc		1,379,371
	35,796	*,e	Walter Investment Management Corp		987,254
	7,310		Westwood Holdings Group, Inc		393,351
	102,258	*,e	WisdomTree Investments, Inc		1,049,167
	7,973	*,e	World Acceptance Corp		646,451
			TOTAL DIVERSIFIED FINANCIALS		44,246,150
ENERGY - 6.1%
	78,179	*	Abraxas Petroleum Corp		398,713
	2,024		Adams Resources & Energy, Inc		132,248
	24,904		Alon USA Energy, Inc		320,016
	209,435	*,e	Alpha Natural Resources, Inc		709,985
	26,371	*,e	American Eagle Energy Corp		169,566
	25,464	*,e	Amyris Biotechnologies, Inc		95,745
	7,548	*,e	APCO Argentina, Inc		104,238
	37,462	*,e	Approach Resources, Inc		788,201
	203,737	e	Arch Coal, Inc		605,099
	17,109	e	Ardmore Shipping Corp		224,641
	30,237	*	Basic Energy Services, Inc		725,386
	48,007	*,e	Bill Barrett Corp		1,152,648
	30,555	*	Bonanza Creek Energy, Inc		1,712,913
	117,047	*,e	BPZ Energy, Inc		306,663
	33,941		Bristow Group, Inc		2,422,369
	44,020	*	C&J Energy Services, Inc		1,318,839
	38,418	*	Callon Petroleum Co		379,570
	18,451	e	CARBO Ceramics, Inc		2,297,888
	43,269	*	Carrizo Oil & Gas, Inc		2,657,149
	31,926	*,e	CHC Group Ltd		229,867
	5,289	*	Clayton Williams Energy, Inc		562,803
	63,680	*,e	Clean Energy Fuels Corp		634,253
	56,490	*	Cloud Peak Energy, Inc		874,465
	45,479		Comstock Resources, Inc		1,076,033
	15,728		Contango Oil & Gas Co		632,737
	7,952		Dawson Geophysical Co		199,595
	56,107		Delek US Holdings, Inc		1,639,447
	65,906		DHT Holdings, Inc		436,298
	39,526	*	Diamondback Energy, Inc		3,250,223
	6,987	*	Dorian LPG Ltd		140,229
	54,635	*,e	Emerald Oil, Inc		401,021
	89,824	e	Energy XXI Bermuda Ltd		1,792,887
	19,367	*	Era Group, Inc		519,036
	19,447		Evolution Petroleum Corp		206,333
	147,387	e	EXCO Resources, Inc		679,454

225

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	55,704		Exterran Holdings, Inc	$	2,353,494
	113,009	*	Forest Oil Corp		230,538
	54,938	*	Forum Energy Technologies, Inc		1,828,886
	63,199	*,e	Frontline Ltd		152,310
	52,509	*,e	FX Energy, Inc		162,253
	40,063		GasLog Ltd		1,021,607
	53,671	*	Gastar Exploration, Inc		355,302
	12,479	*,e	Geospace Technologies Corp		502,155
	10,925	*,e	Glori Energy, Inc		88,493
	33,116	*,e	Goodrich Petroleum Corp		637,814
	35,571		Green Plains Renewable Energy, Inc		1,333,557
	14,310		Gulf Island Fabrication, Inc		279,045
	25,631		Gulfmark Offshore, Inc		980,898
	247,975	*,e	Halcon Resources Corp		1,475,451
	7,730		Hallador Petroleum Co		108,375
	37,109	*,e	Harvest Natural Resources, Inc		160,311
	100,358	*	Helix Energy Solutions Group, Inc		2,552,104
	156,050	*,e	Hercules Offshore, Inc		550,857
	33,810	*,e	Hornbeck Offshore Services, Inc		1,477,497
	122,776	*	ION Geophysical Corp		460,410
	753	*,e	Isramco, Inc		94,471
	11,120	*	Jones Energy, Inc (Class A)		209,278
	124,973	*	Key Energy Services, Inc		767,334
	254,408	*	Kodiak Oil & Gas Corp		3,953,500
	189,141	*,e	Magnum Hunter Resources Corp		1,216,177
	69,737	*	Matador Resources Co		1,885,688
	25,525	*	Matrix Service Co		685,346
	224,628	*,e	McDermott International, Inc		1,639,784
	32,894	*,e	Midstates Petroleum Co, Inc		209,864
	30,208	*,e	Miller Petroleum, Inc		147,717
	12,734	*	Mitcham Industries, Inc		165,160
	11,827	*	Natural Gas Services Group, Inc		369,002
	66,084		Navios Maritime Acq Corp		211,469
	79,920	*	Newpark Resources, Inc		977,422
	745		Nordic American Offshore Ltd		13,634
	85,976	e	Nordic American Tanker Shipping		740,253
	64,470	e	North Atlantic Drilling Ltd		628,583
	58,033	*,e	Northern Oil And Gas, Inc		933,751
	14,117	*,e	Nuverra Environmental Solutions, Inc		262,859
	19,239	*	Pacific Ethanol, Inc		343,224
	6,899		Panhandle Oil and Gas, Inc (Class A)		444,434
	118,270	*	Parker Drilling Co		730,909
	47,585	*	Parsley Energy, Inc		1,073,993
	34,038	*	PDC Energy, Inc		1,846,902
	61,262	*	Penn Virginia Corp		797,631
	55,140	*	Petroquest Energy, Inc		353,447
	11,994	*	PHI, Inc		473,163
	60,324	*	Pioneer Energy Services Corp		887,366
	12,591	*,e	Profire Energy, Inc		42,180
	123,122	*,e	Quicksilver Resources, Inc		231,469
	32,785	*	Renewable Energy Group, Inc		367,192
	74,143	*,e	Resolute Energy Corp		566,453

226

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	45,736	*	Rex Energy Corp	$	630,699
	5,980	*	Rex Stores Corp		504,413
	11,727	*	RigNet, Inc		652,256
	17,737	*,e	Ring Energy, Inc		306,850
	57,745	*	Rosetta Resources, Inc		2,949,037
	19,938	*	RSP Permian, Inc		589,168
	48,058	*,e	Sanchez Energy Corp		1,524,400
	162,506		Scorpio Tankers, Inc		1,525,931
	19,744		SEACOR Holdings, Inc		1,499,754
	40,062		SemGroup Corp		3,087,979
	54,982	e	Ship Finance International Ltd		1,000,672
	72,202	*,e	Solazyme, Inc		698,915
	53,179	*	Stone Energy Corp		2,023,461
	41,709	*,e	Swift Energy Co		460,884
	63,268	*	Synergy Resources Corp		665,579
	61,582	e	Teekay Tankers Ltd (Class A)		245,096
	31,642		Tesco Corp		617,652
	73,208	*	Tetra Technologies, Inc		806,020
	20,560	*	TransAtlantic Petroleum Ltd		214,646
	71,879	*,e	Triangle Petroleum Corp		776,293
	47,395	*	Vaalco Energy, Inc		327,026
	195,521	*,e	Vantage Drilling Co		365,624
	11,160	*,e	Vertex Energy, Inc		91,735
	34,508		W&T Offshore, Inc		462,752
	70,064	*	Warren Resources, Inc		412,677
	49,128		Western Refining, Inc		2,012,283
	12,680	*	Westmoreland Coal Co		546,381
	39,176	*	Willbros Group, Inc		454,050
			TOTAL ENERGY		95,229,803
FOOD & STAPLES RETAILING - 1.0%
	26,816		Andersons, Inc		1,448,600
	36,068		Casey’s General Stores, Inc		2,386,620
	17,635	*,e	Chefs’ Warehouse Holdings, Inc		309,847
	17,507	*,e	Fairway Group Holdings Corp		102,941
	40,688	*,e	Fresh Market, Inc		1,217,792
	12,046		Ingles Markets, Inc (Class A)		295,368
	30,084	e	Liberator Medical Holdings, Inc		93,561
	8,850	*,e	Natural Grocers by Vitamin C		200,718
	22,352	*	Pantry, Inc		400,324
	17,863		Pricesmart, Inc		1,470,125
	34,105	e	Roundy’s, Inc		164,727
	35,875		Spartan Stores, Inc		751,940
	192,899	*	Supervalu, Inc		1,768,884
	17,563	*	Susser Holdings Corp		1,408,026
	47,201	*	United Natural Foods, Inc		2,766,923
	6,310		Village Super Market (Class A)		148,411
	9,976		Weis Markets, Inc		425,576
			TOTAL FOOD & STAPLES RETAILING		15,360,383
FOOD, BEVERAGE & TOBACCO - 1.9%
	37,396	*,e	22nd Century Group, Inc		89,376

227

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	2,538		Alico, Inc	$	93,678
	86,738	*	Alliance One International, Inc		196,895
	16,171	*,e	Annie’s, Inc		471,870
	50,509		B&G Foods, Inc (Class A)		1,417,788
	7,757	*,e	Boston Beer Co, Inc (Class A)		1,709,643
	57,944	*	Boulder Brands, Inc		657,664
	11,815		Calavo Growers, Inc		407,499
	14,493		Cal-Maine Foods, Inc		1,031,902
	45,502	*	Chiquita Brands International, Inc		436,364
	4,419		Coca-Cola Bottling Co Consolidated		308,535
	10,510	*	Craft Brewers Alliance, Inc		117,922
	156,136	*	Darling International, Inc		2,922,866
	88,866	e	Dean Foods Co		1,361,427
	21,041	*,e	Diamond Foods, Inc		565,161
	6,962	*	Farmer Bros Co		142,512
	34,380		Fresh Del Monte Produce, Inc		1,029,337
	14,550	*	Inventure Foods, Inc		175,327
	13,755		J&J Snack Foods Corp		1,239,188
	8,366		John B. Sanfilippo & Son, Inc		221,281
	17,589		Lancaster Colony Corp		1,536,399
	45,285		Lance, Inc		1,123,521
	3,949	e	Lifeway Foods, Inc		49,323
	10,684	e	Limoneira Co		235,582
	10,036		National Beverage Corp		172,017
	20,184	*	Omega Protein Corp		282,980
	41,814	*	Post Holdings, Inc		1,878,285
	21,950		Sanderson Farms, Inc		1,999,425
	270		Seaboard Corp		770,040
	8,066	*	Seneca Foods Corp		230,849
	14,055	*,e	Synutra International, Inc		85,595
	17,878	e	Tootsie Roll Industries, Inc		470,728
	39,693	*	TreeHouse Foods, Inc		2,917,436
	21,385	e	Universal Corp		1,110,523
	62,686	e	Vector Group Ltd		1,286,944
			TOTAL FOOD, BEVERAGE & TOBACCO		28,745,882
HEALTH CARE EQUIPMENT & SERVICES - 6.3%
	21,343	e	Abaxis, Inc		1,011,872
	38,007	*,e	Abiomed, Inc		972,979
	40,353	*	Acadia Healthcare Co, Inc		1,923,224
	73,036	*,e	Accuray, Inc		574,793
	6,009	*	Addus HomeCare Corp		133,039
	37,248	e	Air Methods Corp		1,871,712
	5,173	*	Alliance HealthCare Services, Inc		147,689
	8,421		Almost Family, Inc		197,388
	26,451	*,e	Amedisys, Inc		533,781
	44,232	*	AMN Healthcare Services, Inc		579,439
	39,954	*	Amsurg Corp		1,908,203
	11,807		Analogic Corp		849,041
	23,661	*	Angiodynamics, Inc		345,451
	13,660	*	Anika Therapeutics, Inc		574,540
	111,067	*,e	Antares Pharma, Inc		226,577

228

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	26,002	*	AtriCure, Inc	$	428,253
	1,471		Atrion Corp		413,351
	23,653	*,e	Bio-Reference Labs, Inc		742,468
	64,788	*,e	BioScrip, Inc		485,262
	25,179	*	BioTelemetry, Inc		181,289
	32,502		Cantel Medical Corp		1,089,792
	27,761	*	Capital Senior Living Corp		684,031
	26,485	*	Cardiovascular Systems, Inc		715,095
	12,265	*,e	Castlight Health, Inc		164,474
	70,417	*,e	Cerus Corp		247,868
	16,677	e	Chemed Corp		1,698,552
	13,252	*	Chindex International, Inc		310,229
	10,617		Computer Programs & Systems, Inc		698,811
	25,901		Conmed Corp		1,010,139
	9,869	*	Corvel Corp		397,523
	28,150	*	Cross Country Healthcare, Inc		202,398
	27,189		CryoLife, Inc		267,812
	25,513	*	Cyberonics, Inc		1,517,258
	21,212	*	Cynosure, Inc (Class A)		482,361
	21,568	*,e	Derma Sciences, Inc		208,778
	71,134	*	DexCom, Inc		2,680,329
	60,868	*	Endologix, Inc		861,282
	19,017		Ensign Group, Inc		626,230
	9,159	*	Exactech, Inc		208,276
	32,875	*	ExamWorks Group, Inc		1,160,159
	40,307	*	Five Star Quality Care, Inc		184,203
	39,471	*,e	GenMark Diagnostics, Inc		422,340
	30,075	*	Gentiva Health Services, Inc		544,358
	62,561	*	Globus Medical, Inc		1,395,110
	23,535	*	Greatbatch, Inc		1,165,218
	49,524	*	Haemonetics Corp		1,761,569
	33,769	*	Hanger Orthopedic Group, Inc		1,068,789
	82,461		Healthsouth Corp		3,160,730
	20,098	*	HealthStream, Inc		501,646
	30,213	*,e	Healthways, Inc		522,383
	16,127	*	HeartWare International, Inc		1,358,055
	83,396	*	HMS Holdings Corp		1,535,320
	11,941	*	ICU Medical, Inc		695,563
	5,150	*	Inogen Inc		103,000
	52,643	*	Insulet Corp		1,860,404
	23,676	*	Integra LifeSciences Holdings Corp		1,122,716
	30,572		Invacare Corp		457,663
	16,396	*	IPC The Hospitalist Co, Inc		806,355
	8,290	*,e	K2M Group Holdings, Inc		140,681
	60,866		Kindred Healthcare, Inc		1,454,697
	9,201		Landauer, Inc		397,023
	15,770	*,e	LDR Holding Corp		361,291
	11,558	*	LHC Group, Inc		271,382
	26,221	*	Magellan Health Services, Inc		1,510,330
	45,990		Masimo Corp		1,107,439
	58,023	*	MedAssets, Inc		1,232,409
	51,458	*	Medidata Solutions, Inc		2,307,377

229

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	68,095	*,e	Merge Healthcare, Inc	$	167,514
	39,718	e	Meridian Bioscience, Inc		782,842
	40,898	*	Merit Medical Systems, Inc		525,130
	28,737	*	Molina Healthcare, Inc		1,173,906
	12,025	*	MWI Veterinary Supply, Inc		1,698,652
	9,448		National Healthcare Corp		519,262
	8,654	*	National Research Corp		114,319
	30,559	*	Natus Medical, Inc		879,182
	34,878	*	Neogen Corp		1,522,773
	44,335	*	NuVasive, Inc		1,657,242
	58,446	*	NxStage Medical, Inc		780,254
	34,445	*	Omnicell, Inc		943,793
	53,551	*	OraSure Technologies, Inc		440,725
	17,561	*	Orthofix International NV		580,567
	60,001	e	Owens & Minor, Inc		1,985,433
	12,374	*,e	Oxford Immunotec Global plc		196,747
	28,525	*	PharMerica Corp		769,890
	13,494	*,e	PhotoMedex, Inc		145,600
	10,977	*	Providence Service Corp		434,799
	47,363		Quality Systems, Inc		734,600
	27,079	*	Quidel Corp		646,376
	31,093	*	RadNet, Inc		158,885
	38,920	*,e	Rockwell Medical Technologies, Inc		393,092
	56,330	*	RTI Biologics, Inc		257,428
	70,991		Select Medical Holdings Corp		1,103,200
	22,197	*	Skilled Healthcare Group, Inc (Class A)		132,072
	39,485	*	Spectranetics Corp		1,012,790
	36,151	*	Staar Surgical Co		465,263
	56,208		STERIS Corp		2,859,863
	11,943	*	Surgical Care Affiliates, Inc		350,885
	11,046	*	SurModics, Inc		209,764
	36,608	*	Symmetry Medical, Inc		322,516
	8,119	*,e	Tandem Diabetes Care, Inc		101,406
	66,795	*	Team Health Holdings, Inc		3,777,257
	54,017	*	Thoratec Corp		1,755,553
	33,583	*	Tornier BV		696,176
	27,393	*,e	TransEnterix, Inc		108,750
	23,734	*	Triple-S Management Corp (Class B)		410,124
	7,040	*,e	TriVascular Technologies, Inc		96,800
	98,768	*,e	Unilife Corp		248,895
	40,257		Universal American Corp		319,641
	10,862		US Physical Therapy, Inc		379,518
	3,565		Utah Medical Products, Inc		185,416
	16,341	*	Vascular Solutions, Inc		403,132
	6,185	*	Veracyte, Inc		88,446
	21,417	*	Vocera Communications, Inc		269,212
	48,738	*	Volcano Corp		804,664
	41,734	*	WellCare Health Plans, Inc		2,603,367
	67,207		West Pharmaceutical Services, Inc		2,738,685
	47,367	*	Wright Medical Group, Inc		1,459,851
	26,916	*,e	Zeltiq Aesthetics, Inc		544,780
			TOTAL HEALTH CARE EQUIPMENT & SERVICES		97,736,836

230

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
HOUSEHOLD & PERSONAL PRODUCTS - 0.3%
	41,133	*	Central Garden and Pet Co (Class A)	$	383,771
	24,628	*	Elizabeth Arden, Inc		508,076
	21,799		Female Health Co		85,234
	76,432	*	Harbinger Group, Inc		896,547
	27,442	*	IGI Laboratories, Inc		144,619
	16,636		Inter Parfums, Inc		434,699
	12,901	*	Medifast, Inc		370,388
	9,628		Nature’s Sunshine Products, Inc		148,656
	7,732		Nutraceutical International Corp		178,454
	4,674		Oil-Dri Corp of America		136,341
	7,169		Orchids Paper Products Co		189,262
	11,331	*	Revlon, Inc (Class A)		345,595
	6,126	*,e	USANA Health Sciences, Inc		391,145
	14,064		WD-40 Co		938,913
			TOTAL HOUSEHOLD & PERSONAL PRODUCTS		5,151,700
INSURANCE - 2.5%
	42,821	*	AMBAC Financial Group, Inc		970,324
	67,375		American Equity Investment Life Holding Co		1,491,683
	17,740		Amerisafe, Inc		649,284
	28,584	e	Amtrust Financial Services, Inc		1,218,822
	25,020		Argo Group International Holdings Ltd		1,246,246
	10,892	*	Atlas Financial Holdings, Inc		155,320
	8,176		Baldwin & Lyons, Inc (Class B)		201,947
	44,930	*,e	Citizens, Inc (Class A)		302,828
	207,167		Conseco, Inc		3,351,962
	27,319		Crawford & Co (Class B)		251,335
	5,771		Donegal Group, Inc (Class A)		87,027
	17,986	*	eHealth, Inc		372,310
	4,459		EMC Insurance Group, Inc		131,228
	30,037		Employers Holdings, Inc		639,788
	8,109	*	Enstar Group Ltd		1,119,042
	9,028		FBL Financial Group, Inc (Class A)		386,218
	10,759	*	Federated National Holding Co		217,009
	10,718		Fidelity & Guaranty Life		231,616
	101,626		First American Financial Corp		2,758,130
	26,958	*	Greenlight Capital Re Ltd (Class A)		872,361
	13,466	*	Hallmark Financial Services		120,790
	8,559	e	HCI Group, Inc		341,504
	6,586	*	Heritage Insurance Holdings, Inc		93,060
	64,418	*	Hilltop Holdings, Inc		1,320,569
	38,719		Horace Mann Educators Corp		1,109,299
	6,381		Independence Holding Co		79,826
	11,228		Infinity Property & Casualty Corp		727,125
	3,613		Kansas City Life Insurance Co		157,780
	44,200		Kemper Corp		1,529,762
	47,511		Maiden Holdings Ltd		545,426
	48,884		Meadowbrook Insurance Group, Inc		294,771
	37,260		Montpelier Re Holdings Ltd		1,100,288
	32,177	e	National General Holdings Corp		560,202

231

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	6,376		National Interstate Corp	$	172,726
	2,123		National Western Life Insurance Co (Class A)		511,643
	10,014	*	Navigators Group, Inc		608,851
	21,885		OneBeacon Insurance Group Ltd (Class A)		323,898
	4,798	*	Phoenix Cos, Inc		265,857
	25,628		Platinum Underwriters Holdings Ltd		1,501,801
	51,550		Primerica, Inc		2,375,424
	41,118		RLI Corp		1,757,383
	12,538		Safety Insurance Group, Inc		627,025
	53,461		Selective Insurance Group, Inc		1,191,646
	14,386		State Auto Financial Corp		303,688
	20,610		Stewart Information Services Corp		607,377
	71,710		Symetra Financial Corp		1,634,988
	53,860	*	Third Point Reinsurance Ltd		784,202
	7,823	*	United America Indemnity Ltd		195,027
	19,634		United Fire & Casualty Co		554,857
	15,802		United Insurance Holdings Corp		229,445
	29,564		Universal Insurance Holdings, Inc		356,542
			TOTAL INSURANCE		38,637,262
MATERIALS - 5.0%
	27,796		A. Schulman, Inc		1,104,613
	20,752	*	Advanced Emissions Solutions, Inc		443,885
	3,977	*	AEP Industries, Inc		162,063
	130,847	*,e	AK Steel Holding Corp		1,190,708
	99,312	*,e	Allied Nevada Gold Corp		310,847
	27,380	e	American Vanguard Corp		347,452
	7,893		Ampco-Pittsburgh Corp		159,202
	66,499		Axiall Corp		2,848,152
	29,209		Balchem Corp		1,460,450
	83,223	*	Berry Plastics Group, Inc		2,021,487
	36,843	*	Boise Cascade Co		1,037,130
	19,596		Brush Engineered Materials, Inc		633,147
	49,438	*	Calgon Carbon Corp		1,048,086
	18,100	*,e	Castle (A.M.) & Co		149,868
	47,200	*	Century Aluminum Co		887,360
	6,705		Chase Corp		226,294
	92,020	*	Chemtura		2,140,385
	19,423	*	Clearwater Paper Corp		1,312,995
	97,984	*	Coeur d’Alene Mines Corp		764,275
	112,025		Commercial Metals Co		1,931,311
	11,268		Deltic Timber Corp		688,475
	69,275	*	Ferro Corp		868,708
	51,159	*	Flotek Industries, Inc		1,475,937
	20,681		FutureFuel Corp		325,933
	40,946		Glatfelter		974,515
	60,740		Globe Specialty Metals, Inc		1,155,882
	35,930	*,e	Gold Resource Corp		189,710
	305,025	*	Graphic Packaging Holding Co		3,660,300
	47,663		H.B. Fuller Co		2,128,153
	8,881		Hawkins, Inc		304,174
	11,800		Haynes International, Inc		587,640

232

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	71,272	*	Headwaters, Inc	$	761,898
	326,236	e	Hecla Mining Co		1,030,906
	48,199	*	Horsehead Holding Corp		902,767
	20,869		Innophos Holdings, Inc		1,261,114
	23,188		Innospec, Inc		932,389
	54,111	e	Intrepid Potash, Inc		801,384
	17,147		Kaiser Aluminum Corp		1,324,091
	80,448		Kapstone Paper and Packaging Corp		2,392,523
	7,660		KMG Chemicals, Inc		128,458
	20,005		Koppers Holdings, Inc		720,780
	31,202	*	Kraton Polymers LLC		643,073
	17,459		Kronos Worldwide, Inc		260,314
	25,406	*	Landec Corp		310,207
	134,201	*	Louisiana-Pacific Corp		1,817,082
	17,323	*	LSB Industries, Inc		667,109
	9,341	*,e	Marrone Bio Innovations, Inc		86,591
	32,495		Minerals Technologies, Inc		1,886,985
	165,177	*,e	Molycorp, Inc		345,220
	26,294		Myers Industries, Inc		485,913
	15,835		Neenah Paper, Inc		785,733
	38,409		Noranda Aluminium Holding Corp		169,768
	75,151		Olin Corp		1,996,762
	8,644		Olympic Steel, Inc		189,563
	30,945		OM Group, Inc		874,815
	45,890	*	Omnova Solutions, Inc		370,332
	89,535		PolyOne Corp		3,397,853
	12,587		Quaker Chemical Corp		888,768
	218,804		Rentech, Inc		474,805
	62,020	*	Resolute Forest Products		954,488
	30,150	*	RTI International Metals, Inc		749,529
	25,005		Schnitzer Steel Industries, Inc (Class A)		667,884
	28,172		Schweitzer-Mauduit International, Inc		1,150,263
	40,414	*,e	Senomyx, Inc		285,121
	47,047		Sensient Technologies Corp		2,469,967
	18,463		Stepan Co		888,440
	113,965	*	Stillwater Mining Co		2,039,973
	66,216	*	SunCoke Energy, Inc		1,511,711
	25,808	*	Taminco Corp		539,387
	20,093	*	Trecora Resources		241,518
	23,822		Tredegar Corp		465,482
	56,302		Tronox Ltd		1,494,255
	4,397	*	UFP Technologies, Inc		111,024
	1,928		United States Lime & Minerals, Inc		111,091
	6,753	*	Universal Stainless & Alloy		194,689
	13,498	*	US Concrete, Inc		345,414
	50,331		US Silica Holdings Inc		2,829,609
	63,839	e	Walter Energy, Inc		367,074
	40,117		Wausau Paper Corp		403,978
	4,012	*	WHX Corp		90,270
	48,948	*	Worthington Industries, Inc		1,872,261
	21,838		Zep, Inc		340,454
			TOTAL MATERIALS		78,570,222

233

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
MEDIA - 1.4%
	18,709		AH Belo Corp (Class A)	$	197,380
	20,668		AMC Entertainment Holdings, Inc		467,923
	22,308	*	Carmike Cinemas, Inc		701,363
	68,366	*,e	Central European Media Enterprises Ltd (Class A) (NASDAQ)		179,119
	32,930	*	Crown Media Holdings, Inc (Class A)		111,303
	128,845	*	Cumulus Media, Inc (Class A)		667,417
	850	*,e	Daily Journal Corp		143,352
	14,460	*,e	Dex Media, Inc		184,943
	23,521	*	Entercom Communications Corp (Class A)		222,273
	57,011		Entravision Communications Corp (Class A)		318,691
	17,108	*	Eros International plc		250,974
	30,242	*	EW Scripps Co (Class A)		655,647
	16,865	*,e	Global Sources Ltd		124,464
	47,084	*	Gray Television, Inc		573,483
	46,878		Harte-Hanks, Inc		307,520
	7,622	*	Hemisphere Media Group, Inc		88,187
	39,600	*	Journal Communications, Inc (Class A)		430,848
	50,963	*,e	Lee Enterprises, Inc		193,659
	12,126		Loral Space & Communications, Inc		876,710
	25,970	*	Martha Stewart Living Omnimedia, Inc (Class A)		117,125
	59,684	*,e	McClatchy Co (Class A)		288,274
	40,279		MDC Partners, Inc		830,553
	51,704	*,e	Media General, Inc (Class A)		1,042,353
	34,162		Meredith Corp		1,568,719
	57,611		National CineMedia, Inc		925,233
	28,526	*	New Media Investment Group, Inc		429,602
	131,548		New York Times Co (Class A)		1,643,034
	28,885	e	Nexstar Broadcasting Group, Inc (Class A)		1,345,752
	22,091	*,e	Radio One, Inc		96,538
	12,629	*,e	ReachLocal, Inc		80,826
	12,722	*	Reading International, Inc		102,158
	8,724	*	Rentrak Corp		433,059
	3,448		Saga Communications, Inc		124,128
	10,350		Salem Communications		90,148
	26,323		Scholastic Corp		932,361
	42,055	*,e	SFX Entertainment, Inc		288,077
	65,543	e	Sinclair Broadcast Group, Inc (Class A)		2,117,694
	20,885	*	Sizmek, Inc		189,845
	102,098	*	Time, Inc		2,460,562
	25,254	e	World Wrestling Entertainment, Inc (Class A)		315,170
			TOTAL MEDIA		22,116,467
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.0%
	74,965	*,e	Acadia Pharmaceuticals, Inc		1,519,541
	21,480	*,e	Accelerate Diagnostics, Inc		390,506
	15,629	*,e	Acceleron Pharma, Inc		462,931
	23,522	*,e	AcelRx Pharmaceuticals, Inc		163,713
	6,543	*	Achaogen, Inc		70,730
	92,149	*,e	Achillion Pharmaceuticals, Inc		631,221
	39,640	*	Acorda Therapeutics, Inc		1,160,263

234

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	18,817	*,e	Actinium Pharmaceuticals, Inc	$	118,735
	2,798	*,e	Adamas Pharmaceuticals, Inc		44,516
	28,062	*,e	Aegerion Pharmaceuticals, Inc		943,164
	10,021	*	Aerie Pharmaceuticals, Inc		177,672
	70,207	*,e	Affymetrix, Inc		603,780
	59,254	*	Agenus, Inc		195,538
	12,883	*,e	Agios Pharmaceuticals, Inc		519,185
	7,445	*,e	Akebia Therapeutics, Inc		164,832
	59,297	*	Akorn, Inc		2,011,947
	22,624	*	Albany Molecular Research, Inc		430,761
	7,639	*	Alder Biopharmaceuticals, Inc		129,023
	25,049	*,e	Alimera Sciences, Inc		144,783
	20,830	*,e	AMAG Pharmaceuticals, Inc		397,645
	38,949	*,e	Ampio Pharmaceuticals, Inc		234,862
	31,376	*,e	Anacor Pharmaceuticals, Inc		522,410
	6,551	*	ANI Pharmaceuticals, Inc		167,837
	4,603	*,e	Applied Genetic Technologies Corp		73,648
	23,266	*,e	Aratana Therapeutics, Inc		268,257
	208,946	*,e	Arena Pharmaceuticals, Inc		967,420
	156,005	*,e	Ariad Pharmaceuticals, Inc		898,589
	120,544	*,e	Array Biopharma, Inc		482,176
	49,314	*,e	Arrowhead Research Corp		623,822
	6,209	*	Asterias Biotherapeutics, Inc		13,970
	5,690	*	Auspex Pharmaceuticals Inc		103,615
	48,076	*,e	Auxilium Pharmaceuticals, Inc		962,482
	151,259	*	AVANIR Pharmaceuticals, Inc		788,059
	66,449	*,e	BioCryst Pharmaceuticals, Inc		831,941
	39,762	*,e	BioDelivery Sciences International, Inc		506,965
	69,898	*,e	Bio-Path Holdings, Inc		159,367
	3,441	*	Biospecifics Technologies Corp		89,948
	49,716	*,e	Biotime, Inc		126,279
	18,143	*,e	Bluebird Bio, Inc		605,976
	29,833	*	Cambrex Corp		628,581
	5,470	*,e	Cara Therapeutics Inc		69,742
	84,977	*,e	Celldex Therapeutics, Inc		1,112,349
	9,279	*,e	Cellular Dynamics International, Inc		106,616
	21,689	*,e	Cempra, Inc		199,539
	66,230	*,e	Cepheid, Inc		2,492,897
	23,376	*,e	ChemoCentryx, Inc		128,568
	25,609	*	Chimerix, Inc		581,836
	23,453	*,e	Clovis Oncology, Inc		854,862
	51,527	*,e	Corcept Therapeutics, Inc		123,150
	126,398	*,e	CTI BioPharma Corp		327,371
	33,068	*,e	Cytokinetics, Inc		139,878
	63,974	*,e	Cytori Therapeutics, Inc		131,147
	53,235	*,e	CytRx Corp		173,546
	151,984	*,e	Dendreon Corp		314,607
	55,284	*	Depomed, Inc		550,076
	3,560	*,e	Dicerna Pharmaceuticals Inc		53,471
	14,565	*,e	Durata Therapeutics, Inc		187,306
	128,737	*	Dyax Corp		1,212,703
	251,955	*	Dynavax Technologies Corp		372,893

235

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	3,420	*,e	Egalet Corp	$	41,382
	4,620	*,e	Eleven Biotheraputics Inc		50,681
	27,802	*	Emergent Biosolutions, Inc		611,644
	9,733	*,e	Enanta Pharmaceuticals, Inc		366,058
	35,158	*,e	Endocyte, Inc		233,273
	32,466	*	Enzo Biochem, Inc		155,837
	12,191	*,e	Epizyme, Inc		381,822
	4,250	*,e	Esperion Thereapeutics, Inc		60,902
	78,672	*,e	Exact Sciences Corp		1,228,070
	185,004	*,e	Exelixis, Inc		747,416
	16,431	*,e	Five Prime Therapeutics, Inc		197,172
	4,590	*	Flexion Therapeutics Inc		56,365
	26,501	*,e	Fluidigm Corp		758,724
	8,325	*,m	Forest Laboratories, Inc CVR		7,909
	13,257	*,e	Foundation Medicine, Inc		298,548
	6,861	*,m	Furiex Pharmaceuticals, Inc		67,032
	17,081	*,e	Galectin Therapeutics, Inc		104,877
	112,260	*,e	Galena Biopharma, Inc		318,818
	3,940	*,e	Genocea Biosciences Inc		68,595
	16,060	*,e	Genomic Health, Inc		409,209
	149,045	*,e	Geron Corp		358,453
	31,613	*	Golf Trust Of America, Inc		237,414
	97,285	*,e	Halozyme Therapeutics, Inc		947,556
	17,482	*,e	Heron Therapeutics, Inc		153,667
	61,570	*,e	Horizon Pharma, Inc		523,345
	12,921	*	Hyperion Therapeutics, Inc		294,211
	111,721	*,e	Idenix Pharmaceuticals, Inc		2,728,227
	57,246	*,e	Idera Pharmaceuticals, Inc		144,832
	81,825	*,e	Immunogen, Inc		882,074
	78,786	*,e	Immunomedics, Inc		255,267
	65,657	*	Impax Laboratories, Inc		1,535,717
	46,433	*	Infinity Pharmaceuticals, Inc		422,076
	56,976	*,e	Inovio Pharmaceuticals, Inc		575,458
	37,380	*	Insmed, Inc		638,824
	9,478	*,e	Insys Therapeutics, Inc		256,190
	92,918	*	InterMune, Inc		4,076,313
	16,289	*,e	Intra-Cellular Therapies, Inc		236,028
	33,855	*,e	Intrexon Corp		747,857
	113,641	*	Ironwood Pharmaceuticals, Inc		1,681,887
	110,182	*,e	Isis Pharmaceuticals, Inc		3,414,540
	11,769	*,e	Karyopharm Therapeutics, Inc		408,267
	86,559	*,e	Keryx Biopharmaceuticals, Inc		1,302,713
	9,949	*,e	Kindred Biosciences Inc		151,623
	16,149	*,e	KYTHERA Biopharmaceuticals, Inc		542,283
	24,465	*	Lannett Co, Inc		822,269
	218,954	*,e	Lexicon Pharmaceuticals, Inc		321,862
	19,692	*	Ligand Pharmaceuticals, Inc (Class B)		968,256
	35,752	*	Luminex Corp		650,686
	18,981	*	MacroGenics, Inc		385,314
	216,730	*,e	MannKind Corp		1,811,863
	60,548	*	Medicines Co		1,415,007
	94,489	*,e	Merrimack Pharmaceuticals, Inc		558,430

236

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	89,397	*,e	MiMedx Group, Inc	$	617,733
	6,837	*,e	Mirati Therapeutics, Inc		124,228
	45,682	*	Momenta Pharmaceuticals, Inc		486,056
	9,579	*,e	NanoString Technologies, Inc		115,427
	38,107	*,e	NanoViricides, Inc		154,714
	142,842	*,e	Navidea Biopharmceuticals, Inc		189,980
	117,158	*	Nektar Therapeutics		1,236,017
	22,396	*,e	NeoStem, Inc		138,183
	64,960	*,e	Neuralstem, Inc		185,786
	68,675	*	Neurocrine Biosciences, Inc		932,607
	18,831	*,e	NewLink Genetics Corp		398,841
	33,798	*,e	Northwest Biotherapeutics, Inc		223,067
	224,642	*,e	Novavax, Inc		972,700
	101,065	*	NPS Pharmaceuticals, Inc		2,823,756
	19,996	*,e	Ohr Pharmaceutical, Inc		179,964
	32,232	*,e	Omeros Corp		438,678
	5,149	*,m	Omthera Pharmaceuticals, Inc		3,089
	12,016	*,e	OncoMed Pharmaceuticals, Inc		259,425
	67,012	*,e	Oncothyreon, Inc		182,943
	13,144	*,e	Ophthotech Corp		513,405
	182,865	*,e	Opko Health, Inc		1,612,869
	110,503	*,e	Orexigen Therapeutics, Inc		551,410
	59,206	*,e	Organovo Holdings, Inc		448,189
	17,989	*,e	Osiris Therapeutics, Inc		266,237
	14,717	*,e	OvaScience, Inc		144,374
	54,799	*	Pacific Biosciences of California, Inc		250,431
	33,919	*	Pacira Pharmaceuticals, Inc		3,120,548
	36,298	*	Pain Therapeutics, Inc		152,815
	54,096	*	Parexel International Corp		2,897,382
	152,792	e	PDL BioPharma, Inc		1,433,189
	165,297	*,e	Peregrine Pharmaceuticals, Inc		249,598
	13,338	*	Phibro Animal Health Corp		252,888
	35,056	*,e	Portola Pharmaceuticals, Inc		881,308
	27,367	*	Pozen, Inc		198,137
	49,532	*	Prestige Brands Holdings, Inc		1,525,586
	67,891	*,e	Progenics Pharmaceuticals, Inc		324,519
	20,804	*	Prothena Corp plc		361,157
	21,088	*,e	PTC Therapeutics, Inc		557,145
	21,834	*	Puma Biotechnology, Inc		4,841,034
	59,496	*,e	Raptor Pharmaceutical Corp		512,261
	17,486	*	Receptos, Inc		724,095
	14,672	*,e	Regado Biosciences, Inc		43,723
	13,121	*,e	Regulus Therapeutics, Inc		83,843
	16,102	*	Relypsa, Inc		364,066
	30,510	*	Repligen Corp		639,795
	21,950	*,e	Repros Therapeutics, Inc		307,739
	19,290	*,e	Retrophin, Inc		204,860
	6,761	*,e	Revance Therapeutics, Inc		207,427
	82,761	*	Rigel Pharmaceuticals, Inc		270,628
	20,799	*	Sagent Pharmaceuticals		529,959
	64,459	*,e	Sangamo Biosciences, Inc		765,773
	38,533	*,e	Sarepta Therapeutics, Inc		822,294

237

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	51,157	*	Sciclone Pharmaceuticals, Inc	$	246,577
	111,304	*,e	Sequenom, Inc		417,390
	62,594	*,e	Spectrum Pharmaceuticals, Inc		440,662
	11,303	*,e	Stemline Therapeutics, Inc		144,791
	15,438	*,e	Sucampo Pharmaceuticals, Inc (Class A)		91,084
	46,971	*,e	Sunesis Pharmaceuticals, Inc		309,069
	27,806	*,e	Supernus Pharmaceuticals, Inc		240,800
	20,359	*,e	Synageva BioPharma Corp		1,392,759
	88,128	*,e	Synergy Pharmaceuticals, Inc		321,667
	53,902	*,e	Synta Pharmaceuticals Corp		212,913
	18,294	*	TESARO, Inc		526,135
	20,717	*	Tetraphase Pharmaceuticals, Inc		217,529
	22,384	*,e	TG Therapeutics, Inc		177,057
	95,529	*,e	TherapeuticsMD, Inc		443,255
	22,336	*,e	Theravance Biopharma, Inc		626,078
	78,307	*,e	Theravance, Inc		1,699,262
	40,832	*,e	Threshold Pharmaceuticals, Inc		171,903
	6,341	*,e	Ultragenyx Pharmaceutical, Inc		277,102
	32,104	*,e	Vanda Pharmaceuticals, Inc		471,929
	14,281	*	Verastem, Inc		105,537
	6,534	*,e	Versartis, Inc		133,294
	4,901	*,e	Vital Therapies, Inc		112,233
	86,112	*,e	Vivus, Inc		415,060
	14,870	*	Xencor Inc		143,644
	55,437	*	Xenoport, Inc		237,825
	79,680	*	XOMA Corp		309,158
	77,482	*,e	ZIOPHARM Oncology, Inc		242,519
	116,627	*,e	Zogenix, Inc		153,948
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		110,085,148
REAL ESTATE - 9.2%
	54,137		Acadia Realty Trust		1,528,288
	23,934		AG Mortgage Investment Trust		438,950
	14,233		Agree Realty Corp		416,742
	46,329		Alexander & Baldwin, Inc		1,768,378
	1,913		Alexander’s, Inc		694,419
	1,327	*,e	Altisource Asset Management Corp		813,478
	13,880	*,e	Altisource Portfolio Solutions S.A.		1,504,314
	54,329		Altisource Residential Corp		1,259,890
	34,077		American Assets Trust,Inc		1,168,500
	50,272		American Capital Mortgage, Inc		1,001,921
	160,076		American Realty Capital Healthcare Trust, Inc		1,708,011
	29,765	*	American Residential Properties, Inc		539,342
	20,202		AmREIT, Inc (Class B)		467,474
	121,616		Anworth Mortgage Asset Corp		617,809
	43,867		Apollo Commercial Real Estate Finance, Inc		726,876
	22,906		Ares Commercial Real Estate Corp		279,911
	19,120		Armada Hoffler Properties, Inc		179,728
	339,685	*	ARMOUR Residential REIT, Inc		1,430,074
	23,965		Ashford Hospitality Prime, Inc		399,017
	66,419		Ashford Hospitality Trust, Inc		764,483
	54,727		Associated Estates Realty Corp		967,026

238

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	7,998	*	AV Homes, Inc	$	124,689
	18,661		Aviv REIT, Inc		530,905
	61,530		Campus Crest Communities, Inc		492,240
	91,696		Capstead Mortgage Corp		1,177,377
	19,670	*	CareTrust REIT, Inc		335,570
	12,290		CatchMark Timber Trust Inc		147,480
	76,286		Cedar Shopping Centers, Inc		480,602
	225,342		Chambers Street Properties		1,753,161
	25,101		Chatham Lodging Trust		531,388
	47,605		Chesapeake Lodging Trust		1,412,916
	101,307		Colony Financial, Inc		2,243,950
	4,072		Consolidated-Tomoka Land Co		181,693
	20,034		Coresite Realty		654,310
	188,348		Cousins Properties, Inc		2,331,748
	137,223		CubeSmart		2,498,831
	31,026		CyrusOne, Inc		770,996
	154,021		CYS Investments, Inc		1,367,706
	310,699		DCT Industrial Trust, Inc		2,432,773
	186,075		DiamondRock Hospitality Co		2,281,280
	60,664		DuPont Fabros Technology, Inc		1,662,800
	52,075		Dynex Capital, Inc		432,223
	28,967		EastGroup Properties, Inc		1,806,382
	131,653		Education Realty Trust, Inc		1,390,256
	86,005		Empire State Realty Trust, Inc		1,396,721
	50,795		Entertainment Properties Trust		2,737,851
	58,372		Equity One, Inc		1,355,398
	57,658		Excel Trust, Inc		746,671
	118,104		FelCor Lodging Trust, Inc		1,236,549
	104,785		First Industrial Realty Trust, Inc		1,891,369
	56,834		First Potomac Realty Trust		749,640
	33,242	*	Forestar Real Estate Group, Inc		621,625
	87,284		Franklin Street Properties Corp		1,059,628
	68,261		Geo Group, Inc		2,348,861
	25,170		Getty Realty Corp		462,373
	15,035		Gladstone Commercial Corp		262,361
	136,932		Glimcher Realty Trust		1,470,650
	64,404		Government Properties Income Trust		1,503,833
	109,957		Gramercy Property Trust, Inc		649,846
	20,711		Hannon Armstrong Sustainable Infrastructure Capital, Inc		283,948
	90,332		Hatteras Financial Corp		1,729,858
	91,059		Healthcare Realty Trust, Inc		2,249,157
	191,272		Hersha Hospitality Trust		1,264,308
	85,161		Highwoods Properties, Inc		3,582,723
	51,908		Hudson Pacific Properties		1,328,845
	83,379		Inland Real Estate Corp		862,139
	117,034		Invesco Mortgage Capital, Inc		1,987,237
	102,463		Investors Real Estate Trust		872,985
	80,672	*	iStar Financial, Inc		1,160,063
	68,285	e	Kennedy-Wilson Holdings, Inc		1,597,869
	125,434		Kite Realty Group Trust		765,147
	98,992		LaSalle Hotel Properties		3,443,932
	195,584		Lexington Corporate Properties Trust		2,139,689

239

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	33,180		LTC Properties, Inc	$	1,271,789
	83,456		Mack-Cali Realty Corp		1,760,922
	164,023		Medical Properties Trust, Inc		2,207,750
	53,208		Monmouth Real Estate Investment Corp (Class A)		546,978
	31,436		National Health Investors, Inc		1,879,558
	269,517		New Residential Investment Corp		1,611,712
	86,216		New York Mortgage Trust, Inc		650,931
	165,354	*	New York REIT, Inc		1,726,296
	11,663		One Liberty Properties, Inc		241,657
	10,254		Owens Realty Mortgage, Inc		164,167
	67,355		Parkway Properties, Inc		1,396,269
	60,571		Pebblebrook Hotel Trust		2,204,784
	65,471		Pennsylvania REIT		1,259,007
	70,414		Pennymac Mortgage Investment Trust		1,507,564
	32,605		Physicians Realty Trust		459,078
	38,117		Potlatch Corp		1,574,232
	18,113		PS Business Parks, Inc		1,494,323
	11,425		QTS Realty Trust, Inc		311,331
	79,319		RAIT Investment Trust		610,756
	65,807		Ramco-Gershenson Properties		1,092,396
	10,771	e	Re/Max Holdings, Inc		315,590
	79,006		Redwood Trust, Inc		1,499,534
	123,741		Resource Capital Corp		681,813
	85,161		Retail Opportunities Investment Corp		1,314,034
	27,288		Rexford Industrial Realty, Inc		377,393
	123,168		RLJ Lodging Trust		3,453,631
	34,959		Rouse Properties, Inc		592,555
	41,301		Ryman Hospitality Properties		1,972,123
	44,936		Sabra Healthcare REIT, Inc		1,244,727
	9,248		Saul Centers, Inc		440,852
	35,031		Select Income REIT		972,110
	35,086		Silver Bay Realty Trust Corp		566,990
	31,362		Sovran Self Storage, Inc		2,406,093
	60,099	*,e	St. Joe Co		1,372,661
	47,987		STAG Industrial, Inc		1,096,023
	36,679	*	Starwood Waypoint Residential Trust		964,291
	234,417	*	Strategic Hotels & Resorts, Inc		2,674,698
	81,312		Summit Hotel Properties, Inc		835,074
	39,165		Sun Communities, Inc		2,061,254
	193,855		Sunstone Hotel Investors, Inc		2,750,802
	13,465	*	Tejon Ranch Co		385,099
	31,991		Terreno Realty Corp		598,232
	17,695		Trade Street Residential, Inc		125,635
	13,203		UMH Properties, Inc		130,842
	11,534		Universal Health Realty Income Trust		485,120
	23,759		Urstadt Biddle Properties, Inc (Class A)		486,822
	62,122		Washington REIT		1,684,749
	39,640		Western Asset Mortgage Capital Corp		539,104
	22,229		Whitestone REIT		332,546
	34,606		Winthrop Realty Trust		521,512
			TOTAL REAL ESTATE		144,330,592

240

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
RETAILING - 4.1%
	25,632	*	1-800-FLOWERS.COM, Inc (Class A)	$	131,236
	62,663	*,e	Aeropostale, Inc		208,041
	181,830		American Eagle Outfitters, Inc		1,938,308
	7,459	*,e	America’s Car-Mart, Inc		279,265
	44,524	*	Ann Taylor Stores Corp		1,636,257
	29,071	*	Asbury Automotive Group, Inc		1,963,165
	18,328	*	Audiovox Corp (Class A)		181,630
	38,575	*	Barnes & Noble, Inc		803,131
	30,027		Bebe Stores, Inc		84,376
	17,760		Big 5 Sporting Goods Corp		176,002
	11,785	*	Blue Nile, Inc		303,464
	13,377	e	Bon-Ton Stores, Inc		124,406
	41,750		Brown Shoe Co, Inc		1,176,932
	26,935	e	Buckle, Inc		1,198,607
	11,671	*	Build-A-Bear Workshop, Inc		123,129
	27,025	*	Burlington Stores, Inc		884,528
	26,088		Cato Corp (Class A)		805,076
	20,986		Children’s Place Retail Stores, Inc		1,053,497
	35,263	*	Christopher & Banks Corp		301,499
	15,428	*	Citi Trends, Inc		310,874
	26,337	*,e	Conn’s, Inc		1,053,480
	16,351	*,e	Container Store Group, Inc		343,861
	21,920		Core-Mark Holding Co, Inc		1,034,624
	11,459	*,e	Coupons.com, Inc		235,253
	13,003		Destination Maternity Corp		247,447
	33,183	*	Destination XL Group, Inc		177,529
	80,138	*	Express Parent LLC		1,246,947
	45,917		Finish Line, Inc (Class A)		1,207,158
	51,357	*,e	Five Below, Inc		1,880,693
	40,363	*,e	Francesca’s Holdings Corp		515,839
	33,014		Fred’s, Inc (Class A)		522,612
	18,107	*	FTD Cos, Inc		596,445
	10,715	*	Gaiam, Inc (Class A)		70,505
	22,803	*	Genesco, Inc		1,739,185
	22,926		Group 1 Automotive, Inc		1,694,690
	56,313		Guess?, Inc		1,464,701
	19,812		Haverty Furniture Cos, Inc		440,421
	6,872	*,e	HHgregg, Inc		48,860
	24,813	*,e	Hibbett Sports, Inc		1,238,417
	31,551		HSN, Inc		1,763,385
	13,690	*	Kirkland’s, Inc		257,509
	15,655	*,e	Lands’ End, Inc		550,899
	21,848		Lithia Motors, Inc (Class A)		1,941,195
	26,074	*,e	Lumber Liquidators, Inc		1,413,732
	23,694	*	MarineMax, Inc		394,979
	14,260	*,e	Mattress Firm Holding Corp		664,516
	45,628		Men’s Wearhouse, Inc		2,296,001
	29,964	e	Monro Muffler, Inc		1,521,872
	28,143	*	New York & Co, Inc		94,842
	27,716		Nutri/System, Inc		444,842
	507,970	*	Office Depot, Inc		2,544,930

241

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	48,991	*	Orbitz Worldwide, Inc	$	433,570
	19,377	*,e	Outerwall, Inc		1,066,123
	10,900	*,e	Overstock.com, Inc		177,125
	45,694	*	Pacific Sunwear Of California, Inc		92,759
	51,102	*	PEP Boys - Manny Moe & Jack		540,659
	19,990	e	PetMed Express, Inc		273,863
	89,666		Pier 1 Imports, Inc		1,350,370
	48,074		Rent-A-Center, Inc		1,150,892
	29,654	*	Restoration Hardware Holdings, Inc		2,425,401
	29,235	*,e	RetailMeNot, Inc		715,088
	11,002	*	Sears Hometown and Outlet Stores, Inc		208,598
	51,629	*	Select Comfort Corp		1,042,906
	14,422		Shoe Carnival, Inc		256,712
	36,654	*	Shutterfly, Inc		1,807,775
	38,137		Sonic Automotive, Inc (Class A)		927,492
	9,320	*	Sportsman’s Warehouse Holdings, Inc		53,963
	30,124		Stage Stores, Inc		542,834
	26,421		Stein Mart, Inc		342,945
	10,728		Systemax, Inc		146,652
	26,651	*,e	Tile Shop Holdings, Inc		269,442
	10,337	*	Tilly’s, Inc		78,251
	41,759	*	Tuesday Morning Corp		687,353
	38,649	*	Valuevision International, Inc (Class A)		177,012
	20,247	*	Vitacost.com, Inc		161,571
	29,257	*	Vitamin Shoppe, Inc		1,247,811
	14,223	*	West Marine, Inc		122,033
	36,381	*	WEX, Inc		3,926,237
	2,335		Winmark Corp		152,872
	19,848	*	Zumiez, Inc		552,767
			TOTAL RETAILING		64,261,868
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.4%
	39,355	*	Advanced Energy Industries, Inc		661,951
	16,875	*	Alpha & Omega Semiconductor Ltd		154,406
	27,380	*,e	Ambarella, Inc		783,342
	81,070	*	Amkor Technology, Inc		717,469
	74,107	*,e	Applied Micro Circuits Corp		618,793
	13,252	*	Audience, Inc		126,292
	104,971	*	Axcelis Technologies, Inc		183,699
	64,976		Brooks Automation, Inc		661,456
	22,934	*	Cabot Microelectronics Corp		921,717
	9,620	*	Cascade Microtech, Inc		106,397
	49,399	*	Cavium Networks, Inc		2,304,463
	19,975	*	Ceva, Inc		284,244
	16	*,m	China Energy Savings Technology, Inc		0
	59,011	*	Cirrus Logic, Inc		1,323,617
	24,765		Cohu, Inc		276,130
	149,962	e	Cypress Semiconductor Corp		1,516,116
	34,681	*	Diodes, Inc		884,366
	20,670	*	DSP Group, Inc		183,343
	132,072	*	Entegris, Inc		1,517,507
	86,938	*	Entropic Communications, Inc		242,557

242

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	37,871	*	Exar Corp	$	364,698
	118,572	*	Fairchild Semiconductor International, Inc		1,804,666
	53,538	*	Formfactor, Inc		361,382
	129,699	*,e	GT Solar International, Inc		1,795,034
	29,753	*	Inphi Corp		454,031
	127,059	*	Integrated Device Technology, Inc		1,824,567
	29,492	*	Integrated Silicon Solution, Inc		431,173
	67,769	*	International Rectifier Corp		1,683,382
	123,051		Intersil Corp (Class A)		1,578,744
	20,699		IXYS Corp		236,383
	61,244	*	Kopin Corp		210,067
	112,349	*	Lattice Semiconductor Corp		768,467
	11,234	*	MA-COM Technology Solutions		223,557
	25,932	*	MaxLinear, Inc		245,835
	39,513		Micrel, Inc		413,306
	90,381	*	Microsemi Corp		2,167,336
	51,183		MKS Instruments, Inc		1,626,596
	35,798		Monolithic Power Systems, Inc		1,476,310
	23,076	*	Nanometrics, Inc		359,063
	4,891	*	NVE Corp		324,518
	53,641	*	Omnivision Technologies, Inc		1,201,558
	29,037	*	PDF Solutions, Inc		556,349
	25,914	*,e	Peregrine Semiconductor Corp		174,660
	21,035	*	Pericom Semiconductor Corp		185,739
	58,924	*	Photronics, Inc		469,624
	41,450	*	PLX Technology, Inc		269,011
	164,866	*	PMC - Sierra, Inc		1,109,548
	28,931		Power Integrations, Inc		1,557,356
	52,419	*,e	QuickLogic Corp		178,225
	108,175	*	Rambus, Inc		1,245,094
	266,886	*	RF Micro Devices, Inc		2,978,448
	24,786	*,e	Rubicon Technology, Inc		186,639
	32,070	*	Rudolph Technologies, Inc		295,365
	63,879	*	Semtech Corp		1,426,418
	74,784	*	Silicon Image, Inc		373,172
	41,322	*	Silicon Laboratories, Inc		1,683,045
	56,624	*	Spansion, Inc		1,074,157
	51,057		Tessera Technologies, Inc		1,297,358
	162,495	*	Triquint Semiconductor, Inc		2,921,660
	26,644	*	Ultra Clean Holdings		231,003
	26,748	*	Ultratech, Inc		633,393
	38,091	*,e	Veeco Instruments, Inc		1,322,139
	45,949	*	Vitesse Semiconductor Corp		137,847
	46,064	*	Xcerra Corp		430,698
			TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT		53,755,486
SOFTWARE & SERVICES - 9.0%
	11,671	*,e	A10 Networks, Inc		126,047
	108,177	*	ACI Worldwide, Inc		2,027,237
	44,881	*	Actuate Corp		189,398
	73,345	*	Acxiom Corp		1,343,680
	48,938		Advent Software, Inc		1,588,527

243

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	8,369	*,e	Aerohive Networks, Inc	$	70,300
	8,473	*	Amber Road, Inc		116,080
	23,424	*	American Software, Inc (Class A)		218,077
	42,144	*,e	Angie’s List, Inc		351,060
	87,582	*	Aspen Technology, Inc		3,804,562
	32,388	*	AVG Technologies NV		550,596
	63,769	*	Bankrate, Inc		1,075,145
	7,540	*,e	Barracuda Networks, Inc		209,386
	48,163	*,e	Bazaarvoice, Inc		356,888
	4,695	*,e	Benefitfocus, Inc		180,945
	43,891		Blackbaud, Inc		1,611,239
	48,992	*,e	Blackhawk Network Holdings, Inc		1,388,433
	40,206	*	Blucora, Inc		686,316
	5,668	*,e	Borderfree, Inc		75,441
	37,440	*	Bottomline Technologies, Inc		1,059,926
	30,555	*	Brightcove, Inc		181,802
	27,516	*	BroadSoft, Inc		671,390
	21,810	*	CACI International, Inc (Class A)		1,504,672
	43,629	*	Callidus Software, Inc		467,703
	16,837	*	Carbonite, Inc		163,824
	42,286	*	Cardtronics, Inc		1,630,548
	6,670	*,e	Care.com, Inc		63,298
	10,959		Cass Information Systems, Inc		494,580
	19,640	*,e	ChannelAdvisor Corp		450,345
	74,565	*	Ciber, Inc		260,232
	72,989	*	Cinedigm Corp		165,685
	44,895	*	Commvault Systems, Inc		2,155,858
	15,125		Computer Task Group, Inc		216,590
	208,997		Compuware Corp		1,901,873
	31,754	*	comScore, Inc		1,149,177
	21,557	*	Comverse, Inc		553,584
	29,837	*	Constant Contact, Inc		928,826
	96,549		Convergys Corp		1,872,085
	63,855	*,e	Conversant, Inc		1,492,291
	50,537	*	Cornerstone OnDemand, Inc		2,114,468
	7,280	*,e	Covisint Corp		30,430
	32,452		CSG Systems International, Inc		845,050
	17,066	*,e	Cvent, Inc		466,072
	26,229	*,e	Cyan, Inc		100,982
	19,214	*	Datalink Corp		217,118
	50,873	*	DealerTrack Holdings, Inc		1,911,299
	41,423	*	Demand Media, Inc		224,927
	28,489	*	Demandware, Inc		1,716,177
	38,516	*	Dice Holdings, Inc		352,807
	31,026	*	Digital River, Inc		443,362
	6,486		DMRC Corp		164,485
	21,741	*,e	E2open, Inc		351,769
	99,706		EarthLink Holdings Corp		392,842
	22,883	e	Ebix, Inc		287,410
	26,618	*,e	Ellie Mae, Inc		764,469
	28,649	*,e	Endurance International Group Holdings, Inc		390,486
	25,781	*	EnerNOC, Inc		461,996

244

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	32,371	*	Envestnet, Inc	$	1,411,699
	33,596	*	EPAM Systems, Inc		1,298,821
	30,425		EPIQ Systems, Inc		438,729
	4,957		ePlus, Inc		271,098
	48,305	*	Euronet Worldwide, Inc		2,417,182
	60,215		EVERTEC, Inc		1,346,407
	7,163	*,e	Everyday Health, Inc		119,049
	31,074	*	ExlService Holdings, Inc		871,626
	32,588		Fair Isaac Corp		1,862,404
	11,676	*,e	Five9, Inc		85,001
	35,518	*,e	FleetMatics Group plc		1,122,014
	10,610		Forrester Research, Inc		410,395
	17,421	*,m	Gerber Scientific, Inc		0
	22,911	*,e	Gigamon, Inc		264,393
	63,277	*	Global Cash Access, Inc		529,628
	36,258	*	Global Eagle Entertainment, Inc		369,832
	84,524	*,e	Glu Mobile, Inc		474,180
	53,067	*,e	Gogo, Inc		860,216
	8,496	*,e	GrubHub, Inc		308,320
	13,431	*	GTT Communications, Inc		136,459
	16,887	*,e	Guidance Software, Inc		130,705
	64,418	*	Guidewire Software, Inc		2,608,929
	23,878		Hackett Group, Inc		143,268
	34,079	e	Heartland Payment Systems, Inc		1,618,753
	23,503	*	Higher One Holdings, Inc		98,243
	34,622	*	iGate Corp		1,235,313
	20,693	*,e	Imperva, Inc		458,764
	51,148	*	Infoblox, Inc		619,914
	30,932	*	Information Services Group, Inc		135,173
	15,802	*	Interactive Intelligence, Inc		716,937
	51,996	*	Internap Network Services Corp		374,891
	45,220	e	j2 Global, Inc		2,212,162
	40,687	*,e	Jive Software, Inc		322,241
	26,309	*	Knot, Inc		293,872
	70,341	*,e	Kofax Ltd		505,048
	52,932	*	Limelight Networks, Inc		136,035
	61,565	*	Lionbridge Technologies		352,767
	25,448	*,e	Liquidity Services, Inc		343,294
	51,950	*	Liveperson, Inc		611,971
	23,107	*	LogMeIn, Inc		940,686
	7,445	*,e	Luxoft Holding, Inc		236,677
	16,984	*,e	magicJack VocalTec Ltd		242,362
	72,098	*	Manhattan Associates, Inc		2,116,797
	22,763		Mantech International Corp (Class A)		614,601
	31,255		Marchex, Inc (Class B)		343,805
	25,067	*,e	Marin Software, Inc		229,864
	24,390	*,e	Marketo, Inc		667,067
	9,153	*,e	Mavenir Systems, Inc		103,337
	64,403		MAXIMUS, Inc		2,663,708
	92,217		Mentor Graphics Corp		1,821,286
	8,629	*	MicroStrategy, Inc (Class A)		1,235,069
	69,351	*,e	Millennial Media, Inc		239,261

245

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	18,391	*	Model N, Inc	$	180,967
	35,712	*,e	ModusLink Global Solutions, Inc		133,206
	27,759	*	MoneyGram International, Inc		401,118
	37,588		Monotype Imaging Holdings, Inc		1,123,505
	88,160	*	Monster Worldwide, Inc		573,040
	34,934	*	Move, Inc		510,036
	34,712	*	Netscout Systems, Inc		1,476,301
	52,936	*,e	NeuStar, Inc (Class A)		1,474,797
	59,482		NIC, Inc		1,003,461
	7,344	*,e	OPOWER, Inc		117,504
	9,067	*,e	Park City Group, Inc		95,294
	6,053	*	Paycom Software, Inc		77,357
	33,774		Pegasystems, Inc		721,750
	33,530	*	Perficient, Inc		569,675
	29,102	*	PRG-Schultz International, Inc		175,194
	49,089	*	Progress Software Corp		1,137,883
	35,176	*	Proofpoint, Inc		1,240,658
	20,881	*	PROS Holdings, Inc		534,971
	9,375	*,e	Q2 Holdings, Inc		123,469
	5,844		QAD, Inc (Class A)		110,452
	85,239	*	QLIK Technologies, Inc		2,255,424
	19,108	*	Qualys, Inc		456,490
	30,845	*	QuinStreet, Inc		153,917
	23,243	*,e	Rally Software Development Corp		236,381
	20,099	*	RealNetworks, Inc		151,144
	49,119	*,e	RealPage, Inc		791,062
	7,367		Reis, Inc		159,201
	17,457	*,e	Rocket Fuel, Inc		461,039
	20,199	*	Rosetta Stone, Inc		194,718
	7,442	*,e	Rubicon Project, Inc		88,634
	23,257		Sapiens International Corp NV		167,916
	109,096	*	Sapient Corp		1,610,257
	39,914		Science Applications International Corp		1,667,208
	26,053	*	Sciquest, Inc		400,956
	32,419	*	Seachange International, Inc		242,818
	64,606	*,e	ServiceSource International LLC		286,205
	14,463	*,e	Shutterstock, Inc		1,127,246
	33,311	*,e	Silver Spring Networks, Inc		355,761
	15,400	*	SPS Commerce, Inc		821,590
	64,802	*	SS&C Technologies Holdings, Inc		2,806,575
	13,371	*	Stamps.com, Inc		422,925
	37,479	*	Sykes Enterprises, Inc		775,815
	33,530	*	Synchronoss Technologies, Inc		1,354,947
	14,707	*	Syntel, Inc		1,270,244
	37,998	*	TA Indigo Holding Corp		304,744
	93,307	*	Take-Two Interactive Software, Inc		2,088,211
	36,746	*	Tangoe, Inc		507,095
	12,777	*,e	TechTarget, Inc		97,105
	45,793	*	TeleCommunication Systems, Inc (Class A)		144,248
	25,881	*	TeleNav, Inc		128,629
	16,690	*	TeleTech Holdings, Inc		459,476
	17,700	*,e	Textura Corp		441,969

246

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	109,244	*	TiVo, Inc	$	1,470,424
	7,507	*	Travelzoo, Inc		129,421
	33,793	*,e	Tremor Video, Inc		125,710
	7,343	*,e	TrueCar, Inc		99,645
	35,105	*,e	Trulia, Inc		2,124,906
	31,293	*	Tyler Technologies, Inc		2,839,214
	26,575	*	Ultimate Software Group, Inc		3,585,233
	48,642	*	Unisys Corp		1,035,588
	91,628	*	Unwired Planet, Inc		183,256
	5,380	*,e	Varonis Systems, Inc		113,410
	27,962	*	Vasco Data Security International		379,444
	56,433	*	Verint Systems, Inc		2,648,965
	40,489	*,e	VirnetX Holding Corp		566,036
	24,585	*	Virtusa Corp		769,019
	31,798	*,e	VistaPrint Ltd		1,566,369
	67,169	*,e	Vringo, Inc		218,971
	36,814	*,e	WebMD Health Corp (Class A)		1,834,442
	49,077	*	Website Pros, Inc		1,302,994
	13,190	*,e	Wix.com Ltd		223,570
	29,341	*	Xoom Corp		635,526
	17,346	*,e	YuMe, Inc		103,556
	10,368	*,e	Zendesk, Inc		180,300
	58,694	*	Zix Corp		203,668
			TOTAL SOFTWARE & SERVICES		140,110,303
TECHNOLOGY HARDWARE & EQUIPMENT - 4.9%
	53,626		Adtran, Inc		1,192,642
	13,220	*	Agilysys, Inc		173,843
	11,654	e	Alliance Fiber Optic Products, Inc		155,931
	25,831		Anixter International, Inc		2,220,691
	14,037	*	Applied Optoelectronics, Inc		252,666
	101,040	*	Aruba Networks, Inc		1,804,574
	19,148	*	AX Holding Corp		202,203
	14,079		Badger Meter, Inc		702,542
	9,564		Bel Fuse, Inc (Class B)		226,093
	41,461		Belden CDT, Inc		2,815,202
	50,770	*	Benchmark Electronics, Inc		1,226,095
	13,285		Black Box Corp		274,999
	88,882	*,e	Bookham, Inc		165,321
	34,140	*,e	CalAmp Corp		580,721
	39,414	*	Calix Networks, Inc		366,156
	40,327	*	Checkpoint Systems, Inc		493,602
	99,866	*,e	Ciena Corp		1,950,383
	10,845	*,e	Clearfield, Inc		139,575
	81,276		Cognex Corp		3,330,691
	23,734		Coherent, Inc		1,398,170
	14,632		Comtech Telecommunications Corp		494,562
	10,726	*,e	Control4 Corp		180,304
	38,837	*,e	Cray, Inc		1,029,957
	32,197		CTS Corp		559,906
	19,644	*,e	CUI Global, Inc		121,989
	36,739		Daktronics, Inc		407,803

247

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	24,046	*	Digi International, Inc	$	198,620
	57,035	*	Dot Hill Systems Corp		224,148
	16,388	*	DTS, Inc		296,459
	16,791	*,e	Eastman Kodak Co		396,939
	16,833		Electro Rent Corp		256,703
	23,315		Electro Scientific Industries, Inc		139,424
	44,391	*	Electronics for Imaging, Inc		1,956,311
	76,161	*	Emulex Corp		447,827
	92,444	*	Extreme Networks, Inc		434,487
	32,706	*	Fabrinet		608,332
	16,362	*	FARO Technologies, Inc		828,408
	39,607		FEI Co		3,033,896
	92,072	*,e	Finisar Corp		1,816,581
	29,697	*	GSI Group, Inc		342,406
	90,247	*	Harmonic, Inc		541,482
	26,845	*	Immersion Corp		366,434
	116,475	*,e	Infinera Corp		1,071,570
	38,947	*	Insight Enterprises, Inc		1,023,138
	38,471		InterDigital, Inc		1,696,186
	22,710	*	Intevac, Inc		143,981
	67,414	*,e	InvenSense, Inc		1,551,196
	37,380	*	Itron, Inc		1,344,932
	55,073	*	Ixia		589,281
	43,373	*	Kemet Corp		213,829
	15,049	*	KVH Industries, Inc		195,787
	21,345		Littelfuse, Inc		1,855,307
	28,731	*	Maxwell Technologies, Inc		312,593
	15,157	*	Measurement Specialties, Inc		1,303,350
	32,452	*	Mercury Computer Systems, Inc		358,595
	2,786		Mesa Laboratories, Inc		213,045
	36,071		Methode Electronics, Inc		1,153,551
	14,405		MTS Systems Corp		950,730
	8,095	*	Multi-Fineline Electronix, Inc		79,007
	35,129	*	Netgear, Inc		1,099,889
	37,939	*	Newport Corp		656,724
	8,786	*,e	Nimble Storage, Inc		227,382
	13,850	*	Numerex Corp		139,192
	18,042	*	Oplink Communications, Inc		343,881
	18,972	*	OSI Systems, Inc		1,257,844
	20,073		Park Electrochemical Corp		565,256
	92,494	*,e	Parkervision, Inc		115,617
	9,596		PC Connection, Inc		196,046
	40,465		Plantronics, Inc		1,900,641
	32,243	*	Plexus Corp		1,268,117
	123,710	*	Polycom, Inc		1,585,962
	19,855	*,e	Procera Networks, Inc		198,749
	83,600	*	QLogic Corp		760,760
	202,570	*,e	Quantum Corp		253,213
	38,816	*,e	RealD, Inc		410,285
	26,740	*	Rofin-Sinar Technologies, Inc		583,734
	17,322	*	Rogers Corp		993,590
	60,047	*	Ruckus Wireless, Inc		775,207

248

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	78,471	*	Sanmina Corp	$	1,827,590
	27,096	*	Scansource, Inc		970,308
	59,499	*	ShoreTel, Inc		367,704
	34,136	*,e	Silicon Graphics International Corp		324,633
	233,651	*	Sonus Networks, Inc		824,788
	47,011	*	Speed Commerce, Inc		146,204
	32,475	*	Super Micro Computer, Inc		849,871
	34,259	*	Synaptics, Inc		2,474,528
	27,014	*	SYNNEX Corp		1,742,403
	5,443		Tessco Technologies, Inc		166,012
	52,184	*	TTM Technologies, Inc		391,902
	28,004	e	Ubiquiti Networks, Inc		1,070,593
	38,562	*,e	Universal Display Corp		1,182,311
	39,310	*	Viasat, Inc		2,298,456
	4,709	*	Viasystems Group, Inc		46,101
	76,079	*,e	Violin Memory, Inc		301,273
	12,081	*	Vishay Precision Group, Inc		174,329
			TOTAL TECHNOLOGY HARDWARE & EQUIPMENT		76,902,251
TELECOMMUNICATION SERVICES - 0.8%
	84,244	*	8x8, Inc		680,692
	9,069		Atlantic Tele-Network, Inc		530,627
	22,038	*	Boingo Wireless, Inc		134,652
	198,951	*	Cincinnati Bell, Inc		758,003
	44,331		Cogent Communications Group, Inc		1,538,729
	38,349		Consolidated Communications Holdings, Inc		858,251
	11,706		Enventis Corp		191,744
	16,910	*,e	Fairpoint Communications, Inc		246,886
	34,127	*	General Communication, Inc (Class A)		376,762
	261,291	*,e	Globalstar, Inc		1,034,712
	9,958	*,e	Hawaiian Telcom Holdco, Inc		280,816
	15,970		IDT Corp (Class B)		248,972
	57,809	*	inContact, Inc		461,894
	31,775		Inteliquent, Inc		337,133
	26,044	*	Intelsat S.A.		482,856
	76,755	*,e	Iridium Communications, Inc		627,856
	15,175		Lumos Networks Corp		232,785
	16,952	e	NTELOS Holdings Corp		204,102
	42,203	*	Orbcomm, Inc		265,035
	45,901	*	Premiere Global Services, Inc		601,303
	26,669	*,e	RingCentral, Inc		398,168
	23,477		Shenandoah Telecom Co		650,548
	20,651	*	Spok Holdings, Inc		309,145
	68	*,m	Touch America Holdings, Inc		0
	164,940	*	Vonage Holdings Corp		573,991
			TOTAL TELECOMMUNICATION SERVICES		12,025,662
TRANSPORTATION - 1.8%
	51,328	*	Air Transport Services Group, Inc		393,686
	12,696		Allegiant Travel Co		1,495,081
	24,733		Arkansas Best Corp		784,778
	24,392	*	Atlas Air Worldwide Holdings, Inc		834,694

249

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	46,926	e	Baltic Trading Ltd	$	238,853
	20,769		Celadon Group, Inc		441,134
	22,349	*	Echo Global Logistics, Inc		491,902
	29,687		Forward Air Corp		1,329,087
	42,797	*,e	Hawaiian Holdings, Inc		596,162
	51,696		Heartland Express, Inc		1,160,575
	34,539	*	Hub Group, Inc (Class A)		1,595,011
	5,342		International Shipholding Corp		113,250
	236,456	*,e	JetBlue Airways Corp		2,534,808
	56,090		Knight Transportation, Inc		1,343,916
	31,981		Knightsbridge Tankers Ltd		364,583
	21,717		Marten Transport Ltd		439,552
	40,848		Matson, Inc		1,100,854
	71,258		Navios Maritime Holdings, Inc		567,926
	1,752	*	PAM Transportation Services, Inc		60,900
	8,489		Park-Ohio Holdings Corp		503,907
	5,252	*	Patriot Transportation Holding, Inc		174,682
	26,055	*	Quality Distribution, Inc		347,834
	47,516	*	Republic Airways Holdings, Inc		472,309
	26,511	*	Roadrunner Transportation Services Holdings, Inc		666,487
	36,962		Safe Bulkers, Inc		269,453
	23,984	*	Saia, Inc		1,094,870
	129,654	*	Scorpio Bulkers, Inc		997,039
	48,574		Skywest, Inc		519,256
	80,974	*	Swift Transportation Co, Inc		1,655,918
	18,824	*,e	Ultrapetrol Bahamas Ltd		61,366
	6,258		Universal Truckload Services, Inc		152,007
	5,931	*,e	USA Truck, Inc		109,724
	87,634		UTI Worldwide, Inc		829,018
	41,971		Werner Enterprises, Inc		1,031,647
	49,336	*	Wesco Aircraft Holdings, Inc		934,917
	49,928	*,e	XPO Logistics, Inc		1,542,276
	29,743	*,e	YRC Worldwide, Inc		778,672
			TOTAL TRANSPORTATION		28,028,134
UTILITIES - 3.3%
	40,296		Allete, Inc		1,890,688
	36,158		American States Water Co		1,104,627
	7,027		Artesian Resources Corp		153,118
	116,253	e	Atlantic Power Corp		438,274
	57,208		Avista Corp		1,775,164
	42,441		Black Hills Corp		2,237,065
	45,450		California Water Service Group		1,034,897
	9,732		Chesapeake Utilities Corp		633,456
	57,371		Cleco Corp		3,197,860
	10,432		Connecticut Water Service, Inc		332,677
	94,116	*	Dynegy, Inc		2,498,780
	38,335		El Paso Electric Co		1,412,645
	41,136		Empire District Electric Co		1,008,243
	47,837		Idacorp, Inc		2,561,671
	40,689		Laclede Group, Inc		1,911,569
	32,981		MGE Energy, Inc		1,240,745

250

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES			COMPANY	VALUE
	15,216		Middlesex Water Co	$	309,189
	40,072		New Jersey Resources Corp		2,046,878
	26,956	e	Northwest Natural Gas Co		1,165,038
	37,261		NorthWestern Corp		1,722,203
	19,109	e	NRG Yield, Inc		998,445
	46,818		ONE Gas, Inc		1,685,448
	17,253	e	Ormat Technologies, Inc		444,955
	34,238		Otter Tail Corp		957,295
	37,529		Pattern Energy Group, Inc		1,163,024
	74,837		Piedmont Natural Gas Co, Inc		2,596,096
	75,773		PNM Resources, Inc		1,943,577
	72,453		Portland General Electric Co		2,313,424
	15,987		SJW Corp		428,611
	31,352		South Jersey Industries, Inc		1,679,527
	44,229		Southwest Gas Corp		2,190,662
	53,757		UIL Holdings Corp		1,887,408
	13,231		Unitil Corp		423,392
	39,585		UNS Energy Corp		2,391,726
	49,375		WGL Holdings, Inc		1,924,638
	9,836		York Water Co		187,179
			TOTAL UTILITIES		51,890,194
			TOTAL COMMON STOCKS		1,563,385,862
			(Cost $1,227,014,815)
RIGHTS / WARRANTS - 0.0%
ENERGY - 0.0%
	16,387	m	Magnum Hunter Resources Corp		0
			TOTAL ENERGY		0
PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0%
	34,794	m	Trius Therapeutics, Inc		4,523
			TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES		4,523
TELECOMMUNICATION SERVICES - 0.0%
	55,538	m	Leap Wireless International, Inc		139,956
			TOTAL TELECOMMUNICATION SERVICES		139,956
			TOTAL RIGHTS / WARRANTS		144,479
			(Cost $139,956)
SHORT-TERM INVESTMENTS - 16.5%
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 16.5%
	259,072,367	a,c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		259,072,367
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		259,072,367
			TOTAL SHORT-TERM INVESTMENTS		259,072,367
			(Cost $259,072,367)

251

TIAA-CREF FUNDS - Small-Cap Blend Index Fund

SHARES	COMPANY	VALUE
	TOTAL INVESTMENTS - 116.4%	$	1,822,602,708
	(Cost $1,486,227,138)
	OTHER ASSETS & LIABILITIES, NET - (16.4)%		(256,337,379	)
	NET ASSETS - 100.0%	$	1,566,265,329

	Abbreviation(s):
	REIT	Real Estate Investment Trust
*	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 $244,977,032.
m	Indicates a security that has been deemed illiquid.

252

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

TIAA-CREF FUNDS
EMERGING MARKETS EQUITY INDEX FUND
SCHEDULE OF INVESTMENTS (unaudited)
July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 96.3%
BRAZIL - 10.1%
	17,958		AES Tiete S.A.	$	146,909
	90,700		All America Latina Logistica S.A.		347,808
	1,056,351		AMBEV S.A.		7,296,097
	23,600	*	B2W Companhia Global Do Varejo		347,434
	144,030		Banco Bradesco S.A.		2,246,074
	471,564		Banco Bradesco S.A. (Preference)		7,193,754
	184,886		Banco do Brasil S.A.		2,258,971
	38,168		Banco do Estado do Rio Grande do Sul		194,142
	608,881		Banco Itau Holding Financeira S.A.		9,420,043
	200,339		Banco Santander Brasil S.A.		1,345,748
	155,100		BB Seguridade Participacoes S.A.		2,262,836
	400,174		BM&F Bovespa S.A.		2,136,025
	85,900		BR Malls Participacoes S.A.		742,100
	38,500		BR Properties S.A.		238,085
	45,665		Bradespar S.A.		462,940
	31,415		Braskem S.A.		194,271
	58,376		Centrais Eletricas Brasileiras S.A.		160,815
	44,092		Centrais Eletricas Brasileiras S.A. (Preference)		211,642
	44,518		CETIP S.A.-Balcao Organizado de Ativos e Derivativos		622,810
	29,957		Cia Brasileira de Distribuicao Grupo Pao de Acucar		1,445,859
	186,256		Cia de Concessoes Rodoviarias		1,464,598
	74,100		Cia de Saneamento Basico do Estado de Sao Paulo		656,163
	11,100		Cia de Saneamento de Minas Gerais-COPASA		181,759
	164,391		Cia Energetica de Minas Gerais		1,338,315
	44,320		Cia Energetica de Sao Paulo (Class B)		565,147
	20,395		Cia Paranaense de Energia		316,432
	147,930		Cia Siderurgica Nacional S.A.		746,578
	150,872		Cielo S.A.		2,759,752
	51,236		Cosan SA Industria e Comercio		839,424
	43,300		CPFL Energia S.A.		377,891
	59,005		Cyrela Brazil Realty S.A.		326,917
	31,228		EcoRodovias Infraestrutura e Logistica S.A.		188,572
	45,100		EDP - Energias do Brasil S.A.		210,715
	142,979		Empresa Brasileira de Aeronautica S.A.		1,358,104
	64,800		Estacio Participacoes S.A.		804,020
	50,263	*	Fibria Celulose S.A.		493,380
	183,975		Gerdau S.A. (Preference)		1,082,564
	71,582	*	Hypermarcas S.A.		570,763
	149,764		JBS S.A.		551,198
	99,020		Klabin S.A.		495,373
	73,525		Kroton Educacional S.A.		1,958,074
	26,191		Localiza Rent A Car		416,978
	25,875		Lojas Americanas S.A.		135,605
	100,421		Lojas Americanas S.A.(Preference)		639,598

253

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	26,330		Lojas Renner S.A.	$	794,977
	6,900		M Dias Branco S.A.		282,995
	46,717		Metalurgica Gerdau S.A.		332,347
	15,000		Multiplan Empreendimentos Imobiliarios S.A.		356,364
	34,892		Natura Cosmeticos S.A.		543,354
	45,153		Odontoprev S.A.		185,289
	582,765		Oi S.A. (Preference)		377,593
	140,256		Perdigao S.A.		3,431,056
	682,472		Petroleo Brasileiro S.A.		5,411,646
	948,446		Petroleo Brasileiro S.A. (Preference)		7,984,714
	23,681		Porto Seguro S.A.		324,932
	41,300	*	Qualicorp S.A.		477,851
	44,300		Raia Drogasil S.A.		370,411
	59,420		Satipel Industrial S.A.		219,216
	78,845		Souza Cruz S.A.		731,890
	25,205		Sul America SA		151,647
	64,600		Suzano Papel e Celulose S.A.		250,570
	63,921		Telefonica Brasil S.A.		1,284,759
	181,666		Tim Participacoes S.A.		962,479
	23,600		Totvus S.A.		407,662
	33,100		Tractebel Energia S.A.		495,898
	19,800		Transmissora Alianca de Energia Eletrica S.A.		178,385
	94,880		Ultrapar Participacoes S.A.		2,185,115
	82,817	*	Usinas Siderurgicas de Minas Gerais S.A. (Preference)		293,852
	285,100		Vale S.A.		4,090,360
	421,673		Vale S.A. (Preference)		5,414,142
	23,100	*	Via Varejo S.A.		243,447
	57,720		Weg S.A.		692,004
			TOTAL BRAZIL		96,227,238
CHILE - 1.3%
	491,917		AES Gener S.A.		245,756
	538,232		Aguas Andinas S.A.		339,417
	5,028,672		Banco de Chile		625,474
	5,719		Banco de Credito e Inversiones		321,517
	12,249,556		Banco Santander Chile S.A.		777,977
	13,627		CAP S.A.		185,320
	305,257		Centros Comerciales Sudamericanos S.A.		954,038
	31,332		Cia Cervecerias Unidas S.A.		354,022
	1,404,349		Colbun S.A.		362,755
	24,997,329		CorpBanca S.A.		294,621
	46,711		Embotelladora Andina S.A.		165,562
	718,618		Empresa Nacional de Electricidad S.A.		1,067,041
	35,162		Empresa Nacional de Telecomunicaciones S.A.		425,868
	249,833		Empresas CMPC S.A.		561,047
	123,058		Empresas COPEC S.A.		1,507,381
	4,282,333		Enersis S.A.		1,443,490
	73,501	*	Lan Airlines S.A.		865,763
	210,735		SACI Falabella		1,678,092
	20,942		Sociedad Quimica y Minera de Chile S.A. (Class B)		581,623
	84,413		Vina Concha y Toro S.A.		165,276
			TOTAL CHILE		12,922,040

254

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
CHINA - 17.3%
	164,000	e	AAC Technologies Holdings, Inc	$	972,357
	336,000	e	Agile Property Holdings Ltd		285,475
	5,220,000		Agricultural Bank of China		2,528,831
	526,000		Air China Ltd		320,971
	1,128,000	*,e	Aluminum Corp of China Ltd		518,503
	310,500	e	Anhui Conch Cement Co Ltd		1,161,677
	244,000		Anta Sports Products Ltd		401,044
	588,000		AviChina Industry & Technology Co		339,199
	17,889,000		Bank of China Ltd		8,548,950
	2,241,500		Bank of Communications Co Ltd		1,717,450
	396,000		BBMG Corp		308,430
	446,000		Beijing Capital International Airport Co Ltd		305,121
	123,000		Beijing Enterprises Holdings Ltd		1,071,070
	1,076,000	e	Beijing Enterprises Water Group Ltd		699,321
	44,500	e	Biostime Internatonal Holdings Ltd		202,669
	676,000		Brilliance China Automotive Holdings Ltd		1,270,322
	150,000	e	Byd Co Ltd		992,996
	385,520	e	Changsha Zoomlion Heavy Industry Science and Technology Development Co Ltd		242,318
	568,700		China Agri-Industries Holdings Ltd		248,184
	488,000		China BlueChemical Ltd		251,345
	985,000	*,e	China Cinda Asset Management Co Ltd		561,381
	2,162,600		China Citic Bank		1,431,900
	1,306,000	e	China Coal Energy Co		784,920
	1,086,000		China Communications Construction Co Ltd		821,883
	572,400		China Communications Services Corp Ltd		278,963
	16,083,350		China Construction Bank		12,305,684
	786,000		China Everbright Bank Co Ltd		363,878
	583,000		China Everbright International Ltd		778,330
	214,000		China Everbright Ltd		330,202
	1,473,000	*,e	China Huishan Dairy Holdings Co Ltd		333,191
	192,200	*	China Insurance International Holdings Co Ltd		418,109
	115,700		China International Marine Containers Group Co Ltd		252,306
	1,714,000		China Life Insurance Co Ltd		5,090,365
	747,000		China Longyuan Power Group Corp		759,014
	330,000		China Mengniu Dairy Co Ltd		1,597,543
	1,119,000		China Merchants Bank Co Ltd		2,261,434
	294,600		China Merchants Holdings International Co Ltd		992,905
	1,559,800	e	China Minsheng Banking Corp Ltd		1,611,249
	1,346,500		China Mobile Hong Kong Ltd		14,712,724
	742,000	e	China National Building Material Co Ltd		739,783
	528,000		China Oilfield Services Ltd		1,314,362
	960,000	e	China Overseas Land & Investment Ltd		2,919,174
	622,600		China Pacific Insurance Group Co Ltd		2,445,370
	414,000		China Pharmaceutical Group Ltd		321,563
	481,000	e	China Railway Construction Corp		461,028
	971,000		China Railway Group Ltd		519,291
	274,000	e	China Resources Enterprise		833,795
	212,000		China Resources Gas Group Ltd		666,816
	466,000		China Resources Land Ltd		1,085,990

255

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	436,000		China Resources Power Holdings Co	$	1,217,972
	825,500		China Shenhua Energy Co Ltd		2,427,314
	1,138,000	*,e	China Shipping Container Lines Co Ltd		328,687
	585,000	e	China South Locomotive and Rolling Stock Corp		523,203
	418,000		China State Construction International Holdings Ltd		736,065
	3,238,000		China Telecom Corp Ltd		1,825,079
	1,086,000		China Unicom Ltd		1,897,134
	688,000	e	Chongqing Rural Commercial Bank		340,291
	600,000	*	Citic 21CN Co Ltd		453,706
	403,000		Citic Pacific Ltd		803,693
	334,000	e	CITIC Securities Co Ltd		833,731
	4,034,000		CNOOC Ltd		7,135,614
	701,000	*,e	COSCO Holdings		302,307
	429,158		COSCO Pacific Ltd		644,889
	1,017,008		Country Garden Holdings Co Ltd		517,378
	768,000		Datang International Power Generation Co Ltd		380,876
	662,000		Dongfeng Motor Group Co Ltd		1,175,559
	1,475,000	e	Evergrande Real Estate Group		639,345
	308,000		Far East Horizon Ltd		236,180
	431,000	e	Fosun International		545,167
	844,000	e	Franshion Properties China Ltd		248,877
	148,000	e	Golden Eagle Retail Group Ltd		190,580
	2,425,668	e	GOME Electrical Appliances Holdings Ltd		409,430
	248,000	e	Great Wall Motor Co Ltd		1,020,269
	642,000	e	Guangdong Investments Ltd		719,972
	500,000		Guangzhou Automobile Group Co Ltd		561,326
	708,000	e	Guangzhou Investment Co Ltd		158,640
	246,800	e	Guangzhou R&F Properties Co Ltd		361,847
	159,000		Haitian International Holdings Ltd		373,391
	420,000	e	Haitong Securities Co Ltd		696,172
	173,500		Hengan International Group Co Ltd		1,856,149
	784,000	e	Huaneng Power International, Inc		870,276
	16,503,000		Industrial & Commercial Bank of China		11,255,335
	388,000	e	Jiangsu Express		471,614
	386,000	e	Jiangxi Copper Co Ltd		735,927
	152,000	e	Kingsoft Corp Ltd		446,653
	1,436,000	e	Lenovo Group Ltd		1,958,828
	314,000	e	Longfor Properties Co Ltd		451,352
	214,200		New China Life insurance Co Ltd		775,786
	1,839,000	e	People’s Insurance Co Group of China Ltd		809,920
	818,840		PICC Property & Casualty Co Ltd		1,324,017
	474,500	e	Ping An Insurance Group Co of China Ltd		4,031,826
	434,000	e	Poly Hong Kong Investment Ltd		210,604
	440,000	e	Shandong Weigao Group Medical Polymer Co Ltd		451,327
	842,000		Shanghai Electric Group Co Ltd		373,568
	112,500		Shanghai Fosun Pharmaceutical Group Co Ltd		370,502
	123,000		Shanghai Industrial Holdings Ltd		409,368
	182,200		Shanghai Pharmaceuticals Holding Co Ltd		339,007
	133,000	e	Shenzhou International Group Holdings Ltd		418,711
	884,149	e	Shui On Land Ltd		237,095
	988,000		Sihuan Pharmaceutical Holdings		605,680

256

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	767,880	e	Sino-Ocean Land Holdings Ltd	$	448,461
	315,500		Sinopec Engineering Group Co Ltd		359,698
	986,000		Sinopec Shanghai Petrochemical Co Ltd		304,646
	244,800	e	Sinopharm Group Co		717,348
	535,500		Soho China Ltd		450,184
	668,500	e	Sun Art Retail Group Ltd		834,110
	1,129,000		Tencent Holdings Ltd		18,334,672
	464,000		Tingyi Cayman Islands Holding Corp		1,313,827
	92,000	e	Tsingtao Brewery Co Ltd		749,584
	343,200	e	Uni-President China Holdings Ltd		281,631
	1,361,000	e	Want Want China Holdings Ltd		1,858,477
	123,200	e	Weichai Power Co Ltd		536,836
	211,000	m	Wison Engineering Services Co Ltd		272
	174,000	*	Xinao Gas Holdings Ltd		1,230,737
	792,000	e	Yanzhou Coal Mining Co Ltd		647,285
	244,000		Yingde Gases		266,312
	442,000		Zhejiang Expressway Co Ltd		477,493
	149,500	e	Zhongsheng Group Holdings Ltd		189,831
	128,500		Zhuzhou CSR Times Electric Co Ltd		439,476
	1,484,000	e	Zijin Mining Group Co Ltd		385,433
	146,920		ZTE Corp		306,955
			TOTAL CHINA		165,620,893
COLOMBIA - 1.0%
	48,754		Almacenes Exito S.A.		787,132
	19,799		Banco Davivienda S.A.		335,268
	89,683		BanColombia S.A. (Preference)		1,385,807
	81,451		Cementos Argos S.A.		477,402
	33,943	*	Cemex Latam Holdings S.A.		334,593
	14,182		Corp Financiera Colombiana S.A.		291,689
	1,318,037		Ecopetrol S.A.		2,233,312
	57,901		Grupo Argos S.A.		702,804
	22,552		Grupo Argos S.A.(Preference)		272,295
	233,089		Grupo Aval Acciones y Valores		172,636
	62,094		Grupo de Inversiones Suramericana S.A.		1,382,995
	12,664		Grupo de Inversiones Suramericana S.A. (Preference)		267,755
	49,232		Interconexion Electrica S.A.		242,127
	145,736		Isagen S.A. ESP		251,986
			TOTAL COLOMBIA		9,137,801
CZECH REPUBLIC - 0.2%
	36,287		CEZ AS		1,030,656
	3,290		Komercni Banka AS		713,295
	22,077		Telefonica O2 Czech Republic AS		291,093
			TOTAL CZECH REPUBLIC		2,035,044
EGYPT - 0.2%
	196,821		Commercial International Bank		1,157,351
	502,803	*	Orascom Telecom Holding SAE		364,266
	204,413		Talaat Moustafa Group		269,309
	65,419		Telecom Egypt		122,185
			TOTAL EGYPT		1,913,111

257

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
GREECE - 0.7%
	767,571	*	Alpha Bank S.A.	$	613,319
	1,642,836	*	Eurobank Ergasias SA		736,669
	7,283	*	Folli Follie S.A.		304,519
	57,075		Hellenic Telecommunications Organization S.A.		782,365
	24,254		JUMBO S.A.		363,746
	333,557	*	National Bank of Greece S.A.		1,061,875
	51,308		OPAP S.A.		836,141
	430,507	*	Piraeus Bank S.A.		904,493
	27,699		Public Power Corp		404,325
	12,195		Titan Cement Co S.A.		373,872
			TOTAL GREECE		6,381,324
HONG KONG - 0.8%
	1,045,000		Belle International Holdings Ltd		1,294,374
	476,000		China Gas Holdings Ltd		918,313
	549,007		China Resources Cement Holdings Ltd		396,447
	2,274,000	*,e	GCL Poly Energy Holdings Ltd		734,124
	1,185,000	e	Geely Automobile Holdings Ltd		476,448
	239,000		Haier Electronics Group Co Ltd		682,489
	2,502,000	e	Hanergy Solar Group Ltd		393,861
	316,000	*	Intime Retail Group Co Ltd		294,420
	7,403	*,e	Jinmao Investments and Jinmao China Investments Holdings Ltd		5,158
	149,500		Kingboard Chemical Holdings Ltd		313,713
	381,000		Lee & Man Paper Manufacturing Ltd		231,127
	594,000	e	New World China Land Ltd		354,960
	397,000	e	Nine Dragons Paper Holdings Ltd		326,650
	317,000	e	Shimao Property Holdings Ltd		728,859
	692,000		Sino Biopharmaceutical		593,110
			TOTAL HONG KONG		7,744,053
HUNGARY - 0.2%
	16,715		MOL Hungarian Oil and Gas plc		808,395
	40,385	e	OTP Bank		699,966
	26,552		Richter Gedeon Rt		435,678
			TOTAL HUNGARY		1,944,039
INDIA - 6.3%
	32,027		Adani Enterprises Ltd		227,515
	5,506		Aditya Birla Nuvo Ltd		133,705
	153,610		Ambuja Cements Ltd		519,850
	14,077		Apollo Hospitals Enterprise Ltd		234,764
	59,556		Asian Paints Ltd		615,562
	5,299		Associated Cement Co Ltd		121,571
	29,321		Aurobindo Pharma Ltd		343,119
	16,921		Bajaj Holdings and Investment Ltd		577,907
	132,328		Bharat Heavy Electricals		495,406
	64,525		Bharat Petroleum Corp Ltd		614,598
	131,035		Bharti Airtel Ltd		803,967
	166,536		Cairn India Ltd		864,978
	69,519		Cipla Ltd		521,855

258

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	148,900		Coal India Ltd	$	900,540
	31,088		Dabur India Ltd		106,005
	3,404		Divi S Laboratories Ltd		82,739
	87,160		DLF Ltd		281,869
	25,114		Dr Reddy’s Laboratories Ltd		1,160,404
	73,083		GAIL India Ltd		524,570
	1,505		GlaxoSmithKline Consumer Healthcare Ltd		120,765
	17,995		Godrej Consumer Products Ltd		248,749
	53,195		HCL Technologies Ltd		1,364,100
	74,656		HDFC Bank Ltd		1,021,028
	16,902		Hero Honda Motors Ltd		724,133
	249,263		Hindalco Industries Ltd		782,838
	165,845		Hindustan Lever Ltd		1,874,745
	329,927		Housing Development Finance Corp		5,781,129
	48,746		ICICI Bank Ltd		1,176,461
	202,808		Idea Cellular Ltd		522,957
	100,457		Infosys Technologies Ltd		5,554,687
	494,255		ITC Ltd		2,893,952
	188,438		Jaiprakash Associates Ltd		179,785
	79,526		Jindal Steel & Power Ltd		358,623
	16,929	*	JSW Steel Ltd		327,830
	70,824		Larsen & Toubro Ltd		1,743,711
	55,669		LIC Housing Finance Ltd		264,112
	50,738		Mahindra & Mahindra Financial Services Ltd		195,935
	73,663		Mahindra & Mahindra Ltd		1,450,899
	109,046		Mundra Port and Special Economic Zone Ltd		466,214
	4,636		Nestle India Ltd		392,830
	367,045		NTPC Ltd		875,561
	70,517		Oil India Ltd		658,302
	5,109		Piramal Healthcare Ltd		54,802
	49,995		Power Finance Corp Ltd		219,803
	272,806		Power Grid Corp of India Ltd		597,590
	24,664	*	Ranbaxy Laboratories Ltd		233,409
	21,056		Reliance Capital Ltd		201,268
	113,701		Reliance Communication Ventures Ltd		251,952
	22,241		Reliance Energy Ltd		270,065
	296,324		Reliance Industries Ltd		4,894,680
	120,165	*	Reliance Power Ltd		182,436
	61,311		Rural Electrification Corp Ltd		307,138
	257,523		Sesa Sterlite Ltd		1,224,506
	29,160		Shriram Transport Finance Co Ltd		430,280
	14,564		Siemens India Ltd		209,799
	16,661		State Bank of India Ltd (GDR)		1,329,118
	157,332		Sun Pharmaceutical Industries Ltd		2,045,500
	102,940		Tata Consultancy Services Ltd		4,376,996
	166,726		Tata Motors Ltd		1,220,262
	227,886		Tata Power Co Ltd		365,729
	66,939		Tata Steel Ltd		607,869
	11,147		Tech Mahindra Ltd		394,521
	7,906		Ultra Tech Cement Ltd		314,704
	13,542		United Breweries Ltd		156,930
	14,068		United Spirits Ltd		547,611

259

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	133,200		Wipro Ltd	$	1,190,650
	38,480		Yes Bank Ltd		339,421
			TOTAL INDIA		60,077,309
INDONESIA - 2.4%
	4,350,400		Adaro Energy Tbk		437,678
	2,462,100		Bank Rakyat Indonesia		2,361,574
	225,300		Indofood CBP Sukses Makmur Tbk		202,806
	70,500		PT Astra Agro Lestari Tbk		161,783
	4,405,200		PT Astra International Tbk		2,908,950
	2,699,300		PT Bank Central Asia Tbk		2,701,311
	659,066		PT Bank Danamon Indonesia Tbk		216,837
	2,062,471		PT Bank Mandiri Persero Tbk		1,794,670
	1,517,093		PT Bank Negara Indonesia		657,125
	1,238,800		PT Bumi Serpong Damai		167,409
	1,507,800		PT Charoen Pokphand Indonesia Tbk		502,584
	465,500		PT Excelcomindo Pratama		217,119
	1,404,000		PT Global MediaCom Tbk		230,709
	102,600		PT Gudang Garam Tbk		474,428
	147,400		PT Indo Tambangraya Megah		328,509
	297,600		PT Indocement Tunggal Prakarsa Tbk		644,272
	881,900		PT Indofood Sukses Makmur Tbk		530,852
	287,500		PT Jasa Marga Tbk		156,835
	4,834,000		PT Kalbe Farma Tbk		713,906
	4,038,100		PT Lippo Karawaci Tbk		381,467
	318,900		PT Matahari Department Store Tbk		396,756
	823,800		PT Media Nusantara Citra Tbk		182,779
	2,348,400		PT Perusahaan Gas Negara Persero Tbk		1,182,055
	635,700		PT Semen Gresik Persero Tbk		891,652
	859,200		PT Surya Citra Media Tbk		280,123
	306,700		PT Tambang Batubara Bukit Asam Tbk		303,539
	10,909,100		PT Telekomunikasi Indonesia Persero Tbk		2,478,276
	323,600		PT Unilever Indonesia Tbk		846,724
	340,200		PT United Tractors Tbk		667,199
	286,000		Tower Bersama Infrastructure		205,036
			TOTAL INDONESIA		23,224,963
KOREA, REPUBLIC OF - 14.7%
	719		Amorepacific Corp		1,238,148
	41,562		BS Financial Group, Inc		663,773
	13,370		Celltrion, Inc		512,917
	18,450	*	Cheil Communications, Inc		386,033
	1,688		CJ CheilJedang Corp		543,243
	2,821		CJ Corp		397,737
	5,832		Daelim Industrial Co		521,801
	20,970	*	Daewoo Engineering & Construction Co Ltd		201,711
	9,040		Daewoo International Corp		325,466
	31,412		Daewoo Securities Co Ltd		315,531
	22,652		Daewoo Shipbuilding & Marine Engineering Co Ltd		537,540
	3,718		DC Chemical Co Ltd		584,102
	23,730		DGB Financial Group Co Ltd		385,223
	8,649		Dongbu Insurance Co Ltd		489,692

260

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	1,617		Doosan Corp	$	193,206
	10,127		Doosan Heavy Industries and Construction Co Ltd		294,933
	26,980	*	Doosan Infracore Co Ltd		339,140
	4,499		E-Mart Co Ltd		1,010,231
	2,822		GLOVIS Co Ltd		720,163
	10,185		GS Engineering & Construction Corp		384,931
	16,222		GS Holdings Corp		737,817
	7,450		Halla Climate Control Corp		367,377
	62,212		Hana Financial Group, Inc		2,505,451
	15,450		Hankook Tire Co Ltd		845,670
	22,203		Hanwha Chemical Corp		386,561
	8,921		Hanwha Corp		252,851
	3,732		Honam Petrochemical Corp		629,204
	8,458		Hotel Shilla Co Ltd		901,242
	125,709	*	Hynix Semiconductor, Inc		5,469,543
	4,965		Hyosung Corp		360,618
	2,904		Hyundai Department Store Co Ltd		413,605
	11,400		Hyundai Development Co		423,215
	15,065		Hyundai Engineering & Construction Co Ltd		918,360
	9,066		Hyundai Heavy Industries		1,306,958
	11,800		Hyundai Marine & Fire Insurance Co Ltd		348,919
	13,190	*	Hyundai Merchant Marine Co Ltd		133,459
	2,409		Hyundai Mipo Dockyard		285,414
	15,026		Hyundai Mobis		4,488,631
	33,861		Hyundai Motor Co		8,015,881
	8,614		Hyundai Motor Co Ltd (2nd Preference)		1,438,940
	5,586		Hyundai Motor Co Ltd (Preference)		904,438
	14,950		Hyundai Steel Co		1,138,950
	3,038		Hyundai Wia Corp		551,876
	43,510		Industrial Bank of Korea		645,112
	5,780		Jinro Ltd		127,239
	26,444		Kangwon Land, Inc		876,808
	83,096		KB Financial Group, Inc		3,246,097
	1,029		KCC Corp		605,742
	58,089		Kia Motors Corp		3,410,158
	8,020		Korea Aerospace Industries Ltd		273,574
	57,092		Korea Electric Power Corp		2,355,969
	5,872		Korea Gas Corp		349,468
	7,610		Korea Investment Holdings Co Ltd		340,416
	2,829		Korea Kumho Petrochemical		246,608
	43,560		Korea Life Insurance Co Ltd		289,138
	1,897		Korea Zinc Co Ltd		759,571
	4,656	*	Korean Air Lines Co Ltd		161,332
	13,680		KT Corp		441,273
	24,609		KT&G Corp		2,384,644
	10,313		LG Chem Ltd		2,885,997
	1,907		LG Chem Ltd (Preference)		368,698
	20,880		LG Corp		1,398,277
	23,949		LG Electronics, Inc		1,774,201
	1,933		LG Household & Health Care Ltd		897,712
	2,141	*	LG Innotek Co Ltd		259,254
	43,310		LG Telecom Ltd		398,317

261

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	49,500	*	LG.Philips LCD Co Ltd	$	1,624,971
	136		Lotte Confectionery Co Ltd		277,200
	2,233		Lotte Shopping Co Ltd		688,536
	3,131		LS Cable Ltd		220,573
	2,364		LS Industrial Systems Co Ltd		145,018
	4,619		Mirae Asset Securities Co Ltd		208,392
	6,111		Naver Corp		4,363,536
	3,140		NCsoft		470,232
	728		Orion Corp		663,435
	565		Pacific Corp		485,022
	11,158		Paradise Co Ltd		360,422
	14,629		POSCO		4,753,769
	3,168		S1 Corp (Korea)		235,694
	5,568		Samsung Card Co		259,155
	26,868		Samsung Corp		1,906,764
	12,092		Samsung Electro-Mechanics Co Ltd		736,854
	24,183		Samsung Electronics Co Ltd		31,297,972
	4,511		Samsung Electronics Co Ltd (Preference)		4,665,297
	6,469		Samsung Engineering Co Ltd		433,464
	7,184		Samsung Fire & Marine Insurance Co Ltd		1,969,098
	35,050		Samsung Heavy Industries Co Ltd		941,505
	12,988		Samsung Life Insurance Co Ltd		1,322,059
	11,695		Samsung SDI Co Ltd		1,800,804
	12,861		Samsung Securities Co Ltd		606,349
	7,529		Samsung Techwin Co Ltd		352,847
	93,356		Shinhan Financial Group Co Ltd		4,610,639
	1,241		Shinsegae Co Ltd		280,758
	4,760		SK C&C Co Ltd		776,279
	5,482		SK Corp		928,519
	16,234		SK Energy Co Ltd		1,616,987
	25,290	*	SK Networks Co Ltd		275,263
	1,540		SK Telecom Co Ltd		395,321
	4,000		SK Telecom Co Ltd (ADR)		113,240
	17,112		S-Oil Corp		914,615
	11,429		Woongjin Coway Co Ltd		985,161
	65,117	*	Woori Finance Holdings Co Ltd		877,393
	25,261		Woori Investment & Securities Co Ltd		274,571
	1,308		Yuhan Corp		224,106
			TOTAL KOREA, REPUBLIC OF		140,427,926
MALAYSIA - 3.7%
	209,600		AirAsia BHD		159,708
	180,100		Alliance Financial Group BHD		274,681
	334,500		AMMB Holdings BHD		724,492
	277,600		Astro Malaysia Holdings BHD		291,459
	129,391		Berjaya Sports Toto BHD		155,708
	25,100		British American Tobacco Malaysia BHD		552,033
	569,700		Bumi Armada BHD		597,488
	1,075,276		Bumiputra-Commerce Holdings BHD		2,348,177
	692,496		Dialog Group BHD		403,017
	756,500		Digi.Com BHD		1,343,549
	219,100		Felda Global Ventures Holdings BHD		275,187

262

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	355,700		Gamuda BHD	$	531,231
	440,275		Genting BHD		1,354,816
	90,620		Hong Leong Bank BHD		400,528
	17,200		Hong Leong Credit BHD		93,720
	493,300		IHH Healthcare BHD		725,188
	199,300		IJM Corp BHD		417,183
	724,700		IOI Corp BHD		1,134,046
	302,000	*	IOI Properties Group Sdn BHD		237,450
	101,000		Kuala Lumpur Kepong BHD		749,778
	71,200		Lafarge Malayan Cement BHD		217,209
	1,002,607		Malayan Banking BHD		3,092,670
	104,673		Malaysia Airports Holdings BHD		245,634
	470,400		Maxis BHD		993,611
	238,500		MISC BHD		485,160
	621,300		Petronas Chemicals Group BHD		1,288,472
	104,100		Petronas Dagangan BHD		603,459
	148,200		Petronas Gas BHD		1,090,329
	94,200		PPB Group BHD		440,952
	643,940		Public Bank BHD		3,980,095
	624,700		Resorts World BHD		858,829
	97,271		RHB Capital BHD		275,055
	1,107,100		Sapurakencana Petroleum BHD		1,489,235
	669,122		Sime Darby BHD		1,988,739
	271,856		Telekom Malaysia BHD		529,751
	626,750		Tenaga Nasional BHD		2,432,498
	549,200		TM International BHD		1,195,586
	190,400		UEM Land Holdings BHD		125,136
	88,500		UMW Holdings BHD		323,430
	975,000		YTL Corp BHD		478,633
	449,469	*	YTL Power International BHD		208,140
			TOTAL MALAYSIA		35,112,062
MEXICO - 4.9%
	609,150		Alfa S.A. de C.V. (Class A)		1,664,795
	7,506,470		America Movil S.A. de C.V. (Series L)		8,852,184
	2,664,191	*,e	Cemex S.A. de C.V.		3,341,323
	93,260		Coca-Cola Femsa S.A. de C.V.		996,302
	215,186	e	Compartamos SAB de C.V.		433,790
	126,900		Controladora Comercial Mexicana S.A. de C.V.		467,476
	44,300		El Puerto de Liverpool SAB de C.V.		493,131
	83,825	e	Embotelladoras Arca SAB de C.V.		591,404
	445,600		Fibra Uno Administracion S.A. de C.V.		1,566,004
	429,237		Fomento Economico Mexicano S.A. de C.V.		4,037,490
	166,200	*	Genomma Lab Internacional S.A. de C.V.		444,289
	39,200	*	Gruma SAB de C.V.		429,006
	69,728		Grupo Aeroportuario del Pacifico S.A. de C.V. (B Shares)		468,317
	44,100		Grupo Aeroportuario del Sureste S.A. de C.V. (Class B)		548,548
	346,320		Grupo Bimbo S.A. de C.V. (Series A)		1,063,847
	103,798		Grupo Carso S.A. de C.V. (Series A1)		586,828
	64,400		Grupo Comercial Chedraui S.a. DE C.V.		211,224
	554,587		Grupo Financiero Banorte S.A. de C.V.		3,685,780
	496,932		Grupo Financiero Inbursa S.A.		1,513,350

263

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	412,400	e	Grupo Financiero Santander Mexico SAB de C.V.	$	1,094,638
	139,900		Grupo Lala SAB de C.V.		356,946
	834,056		Grupo Mexico S.A. de C.V. (Series B)		2,963,359
	552,526		Grupo Televisa S.A.		3,939,569
	28,967		Industrias Penoles S.A. de C.V.		723,956
	335,542		Kimberly-Clark de Mexico S.A. de C.V. (Class A)		853,068
	200,296		Mexichem SAB de C.V.		801,487
	133,140	*,e	Minera Frisco SAB de C.V.		266,683
	148,000	*	OHL Mexico SAB de CV		429,782
	56,600	*	Promotora y Operadora de Infraestructura SAB de C.V.		763,201
	1,175,489	e	Wal-Mart de Mexico S.A. de C.V. (Series V)		2,916,493
			TOTAL MEXICO		46,504,270
PERU - 0.3%
	50,022		Cia de Minas Buenaventura S.A. (ADR) (Series B)		585,758
	14,872		Credicorp Ltd (NY)		2,199,866
			TOTAL PERU		2,785,624
PHILIPPINES - 0.9%
	377,180		Aboitiz Equity Ventures, Inc		475,694
	332,400		Aboitiz Power Corp		279,898
	395,600		Alliance Global Group, Inc		237,610
	38,448		Ayala Corp		579,066
	1,207,400		Ayala Land, Inc		859,192
	314,566		Banco de Oro Universal Bank		652,388
	157,960		Bank of the Philippine Islands		344,060
	167,020		DMCI Holdings, Inc		279,123
	5,710		Globe Telecom, Inc		227,650
	98,450		International Container Term Services, Inc		255,490
	532,680		JG Summit Holdings (Series B)		648,569
	86,900		Jollibee Foods Corp		352,288
	2,814,000		Megaworld Corp		272,661
	2,223,600		Metro Pacific Investments Corp		254,832
	71,033		Metropolitan Bank & Trust		139,683
	9,615		Philippine Long Distance Telephone Co		677,055
	1,423,700		PNOC Energy Development Corp		199,961
	35,760		SM Investments Corp		651,093
	1,409,475		SM Prime Holdings		493,788
	206,670		Universal Robina		765,603
			TOTAL PHILIPPINES		8,645,704
POLAND - 1.4%
	7,112	*	Alior Bank S.A.		175,405
	5,795		Bank Handlowy w Warszawie S.A.		201,520
	73,388		Bank Millennium S.A.		176,003
	28,198		Bank Pekao S.A.		1,494,346
	5,800		Bank Zachodni WBK S.A.		657,509
	2,875		BRE Bank S.A.		431,236
	27,023		Cyfrowy Polsat S.A.		202,173
	36,449		Enea S.A.		177,018
	39,440		Energa S.A.		254,439
	15,689		Eurocash S.A.		193,758

264

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	186,827	*	Get Bank S.A.	$	164,672
	29,577	*	Grupa Lotos S.A.		343,102
	7,200		Jastrzebska Spolka Weglowa S.A.		95,530
	30,815		KGHM Polska Miedz S.A.		1,264,237
	526,095		Polish Oil & Gas Co		814,431
	169,116		Polska Grupa Energetyczna S.A.		1,125,129
	84,663		Polski Koncern Naftowy Orlen S.A.		999,648
	191,685		Powszechna Kasa Oszczednosci Bank Polski S.A.		2,179,877
	12,070		Powszechny Zaklad Ubezpieczen S.A.		1,697,034
	52,626		Synthos S.A.		75,733
	194,976		Tauron Polska Energia S.A.		316,517
	138,322		Telekomunikacja Polska S.A.		456,596
	6,955		Zaklady Azotowe w Tarnowie-Moscicach S.A.		162,245
			TOTAL POLAND		13,658,158
QATAR - 0.4%
	18,463		Barwa Real Estate Co		191,171
	5,449		Commercial Bank of Qatar QSC		101,767
	8,371		Doha Bank QSC		130,059
	10,210		Industries Qatar QSC		480,369
	83,988		Masraf Al Rayan		1,227,180
	16,007		Ooredoo QSC		560,742
	6,097	*	Qatar Electricity & Water Co		305,938
	8,710		Qatar Islamic Bank SAQ		252,856
	10,021		Qatar National Bank		495,589
	91,640		Vodafone Qatar		480,726
			TOTAL QATAR		4,226,397
RUSSIA - 4.4%
	33,708		AFK Sistema (GDR)		832,533
	451,000	d	Gazprom (ADR)		3,305,830
	869,465		Gazprom OAO (ADR)		6,344,217
	115,662		LUKOIL (ADR)		6,448,295
	56,741		Magnit OAO (GDR)		3,327,214
	14,049		MegaFon OAO (GDR)		391,063
	121,816		MMC Norilsk Nickel (ADR)		2,382,257
	107,849		Mobile TeleSystems (ADR)		1,933,733
	21,761		NovaTek OAO (GDR)		2,251,866
	285,996		Rosneft Oil Co (GDR)		1,764,660
	26,756		Rostelecom (ADR)		397,126
	234,039		RusHydro (ADR)		395,954
	626,590		Sberbank of Russian Federation (ADR)		5,198,056
	39,548		Severstal (GDR)		379,868
	346,603		Surgutneftegaz (ADR)		2,400,257
	57,332		Tatneft (GDR)		2,037,796
	3,625		TMK OAO (GDR)		32,625
	57,832		Uralkali (GDR)		1,104,303
	545,087		VTB Bank OJSC (GDR)		1,190,327
			TOTAL RUSSIA		42,117,980
SOUTH AFRICA - 7.1%
	331,683	e	African Bank Investments Ltd		190,541

265

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	22,377		African Rainbow Minerals Ltd	$	415,036
	14,655	*,e	Anglo Platinum Ltd		643,373
	97,022	*	AngloGold Ashanti Ltd		1,663,577
	73,540		Aspen Pharmacare Holdings Ltd		1,987,538
	6,919		Assore Ltd		229,209
	69,063		Barclays Africa Group Ltd		1,074,568
	44,200		Barloworld Ltd		419,172
	70,192		Bidvest Group Ltd		1,888,261
	56,058		Coronation Fund Managers Ltd		511,563
	58,432		Discovery Holdings Ltd		510,945
	701,716		FirstRand Ltd		2,821,195
	41,232	e	Foschini Ltd		451,006
	166,184		Gold Fields Ltd		655,085
	428,013		Growthpoint Properties Ltd		990,548
	82,008	*	Harmony Gold Mining Co Ltd		252,411
	116,881		Impala Platinum Holdings Ltd		1,158,232
	38,494		Imperial Holdings Ltd		708,928
	48,055		Investec Ltd		413,612
	13,841	e	Kumba Iron Ore Ltd		483,992
	50,604	e	Kumba Resources Ltd		685,615
	11,341		Liberty Holdings Ltd		136,821
	198,032		Life Healthcare Group Holdings Pte Ltd		812,637
	19,917	e	Massmart Holdings Ltd		260,259
	72,110		Mediclinic International Ltd		573,830
	191,340		Metropolitan Holdings Ltd		462,261
	49,934		Mr Price Group Ltd		943,076
	369,866		MTN Group Ltd		7,655,996
	118,688		Nampak Ltd		450,766
	89,197		Naspers Ltd (N Shares)		10,969,181
	42,391	e	Nedbank Group Ltd		923,240
	188,491		Network Healthcare Holdings Ltd		541,160
	66,816	*	Northam Platinum Ltd		273,322
	63,787	e	Pick’n Pay Stores Ltd		347,466
	92,349		PPC Ltd		276,701
	507,159		Redefine Income Fund Ltd		454,761
	105,863		Remgro Ltd		2,284,226
	144,847		RMB Holdings Ltd		751,411
	83,084		RMI Holdings		241,292
	384,290		Sanlam Ltd		2,179,731
	104,285	*,e	Sappi Ltd		394,191
	124,710		Sasol Ltd		7,193,687
	101,996		Shoprite Holdings Ltd		1,539,090
	34,986		Spar Group Ltd		403,785
	271,766		Standard Bank Group Ltd		3,656,465
	381,005	e	Steinhoff International Holdings Ltd		1,903,279
	34,157		Tiger Brands Ltd		982,030
	91,203	e	Truworths International Ltd		638,571
	80,413	e	Vodacom Group Pty Ltd		939,877
	162,679		Woolworths Holdings Ltd		1,256,194
			TOTAL SOUTH AFRICA		67,599,713

266

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
TAIWAN - 11.1%
	522,000	*	Acer, Inc	$	413,709
	1,400,372		Advanced Semiconductor Engineering, Inc		1,663,072
	59,900		Advantech Co Ltd		466,021
	456,385		Asia Cement Corp		633,967
	321,000		Asia Pacific Telecom Co Ltd		189,345
	162,500		Asustek Computer, Inc		1,717,196
	1,813,000		AU Optronics Corp		816,979
	148,000		Catcher Technology Co Ltd		1,209,668
	1,885,270		Cathay Financial Holding Co Ltd		3,137,078
	179,960	*	Chailease Holding Co Ltd		469,631
	970,994		Chang Hwa Commercial Bank		635,627
	373,490		Cheng Shin Rubber Industry Co Ltd		940,279
	68,453		Chicony Electronics Co Ltd		189,630
	247,000	*	China Airlines		83,716
	3,053,754		China Development Financial Holding Corp		1,009,499
	586,189	*	China Life Insurance Co Ltd (Taiwan)		559,082
	60,000		China Motor Corp		57,823
	2,645,618	*	China Steel Corp		2,281,940
	3,063,058	*	Chinatrust Financial Holding Co		2,143,881
	887,600		Chunghwa Telecom Co Ltd		2,707,692
	87,497		Clevo Co		161,111
	871,000		Compal Electronics, Inc		801,727
	111,000		CTCI Corp		183,682
	409,000		Delta Electronics, Inc		2,779,335
	1,216,384		E.Sun Financial Holding Co Ltd		808,929
	35,000		Eclat Textile Co Ltd		388,175
	181,000		Epistar Corp		394,072
	257,100	*	Eva Airways Corp		126,711
	286,299	*	Evergreen Marine Corp Tawain Ltd		164,286
	162,731		Far Eastern Department Stores Co Ltd		165,157
	567,532		Far Eastern Textile Co Ltd		634,170
	395,000		Far EasTone Telecommunications Co Ltd		819,362
	36,256		Farglory Land Development Co Ltd		50,845
	1,452,805		First Financial Holding Co Ltd		987,104
	729,270		Formosa Chemicals & Fibre Corp		1,774,365
	6,941		Formosa International Hotels Corp		82,586
	372,000		Formosa Petrochemical Corp		947,876
	947,600		Formosa Plastics Corp		2,427,368
	104,000		Formosa Taffeta Co Ltd		114,634
	171,658		Foxconn Technology Co Ltd		424,273
	1,611,812		Fubon Financial Holding Co Ltd		2,530,249
	1,926,800		Fuhwa Financial Holdings Co Ltd		1,070,054
	58,000		Giant Manufacturing Co Ltd		475,736
	8,000		Hermes Microvision, Inc		310,244
	150,500		High Tech Computer Corp		656,617
	52,200		Highwealth Construction Corp		120,015
	39,524		Hiwin Technologies Corp		424,771
	2,470,423	*	Hon Hai Precision Industry Co, Ltd		8,465,366
	53,000		Hotai Motor Co Ltd		686,444
	1,071,124		Hua Nan Financial Holdings Co Ltd		688,515
	1,548,694		InnoLux Display Corp		730,745
	512,000	*	Inotera Memories, Inc		875,018

267

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	516,060		Inventec Co Ltd	$	458,756
	52,000		Kinsus Interconnect Technology Corp		214,978
	23,000		Largan Precision Co Ltd		1,766,952
	423,946		Lite-On Technology Corp		711,279
	314,961		MediaTek, Inc		4,874,378
	2,369,655		Mega Financial Holding Co Ltd		2,080,959
	36,000		Merida Industry Co Ltd		281,116
	1,041,860		Nan Ya Plastics Corp		2,420,781
	125,000		Novatek Microelectronics Corp Ltd		632,837
	337,000		Pegatron Technology Corp		638,592
	28,000		Phison Electronics Corp		205,178
	439,000		Pou Chen Corp		490,707
	118,000		Powertech Technology, Inc		196,873
	155,000		President Chain Store Corp		1,233,031
	611,000		Quanta Computer, Inc		1,706,473
	93,814		Radiant Opto-Electronics Corp		389,659
	91,085		Realtek Semiconductor Corp		288,475
	126,735		Ruentex Development Co Ltd		227,057
	96,730		Ruentex Industries Ltd		243,526
	37,120		Scinopharm Taiwan Ltd		89,012
	1,396,725	*	Shin Kong Financial Holding Co Ltd		463,927
	630,000		Siliconware Precision Industries Co		859,876
	49,490		Simplo Technology Co Ltd		268,572
	1,231,384		SinoPac Financial Holdings Co Ltd		577,463
	51,240	*	Standard Foods Corp		145,646
	252,000		Synnex Technology International Corp		393,913
	1,504,490		Taishin Financial Holdings Co Ltd		802,929
	341,497	*	Taiwan Business Bank		108,830
	793,914		Taiwan Cement Corp		1,181,887
	1,073,074		Taiwan Cooperative Financial Holding		638,647
	184,000		Taiwan Fertilizer Co Ltd		373,041
	172,129		Taiwan Glass Industrial Corp		151,096
	415,200		Taiwan Mobile Co Ltd		1,270,734
	5,396,000		Taiwan Semiconductor Manufacturing Co Ltd		21,634,087
	403,000		Teco Electric and Machinery Co Ltd		510,852
	48,626		TPK Holding Co Ltd		305,232
	28,000		Transcend Information, Inc		95,674
	42,567		TSRC Corp		62,945
	55,000	*	U-Ming Marine Transport Corp		86,680
	274,000		Unimicron Technology Corp		229,627
	969,819		Uni-President Enterprises Corp		1,846,202
	2,721,000		United Microelectronics Corp		1,255,135
	160,000		Vanguard International Semiconductor Corp		228,960
	643,000	*	Walsin Lihwa Corp		239,134
	404,538		Wistron Corp		386,523
	252,500		WPG Holdings Co Ltd		334,761
	223,700	*	Yang Ming Marine Transport		92,593
	141,000		Yulon Motor Co Ltd		230,031
	33,127		Zhen Ding Technology Holding Ltd		99,258
			TOTAL TAIWAN		106,620,251

268

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
THAILAND - 2.0%
	220,900		Advanced Info Service PCL (Foreign)	$	1,420,894
	87,600		Airports of Thailand PCL (Foreign)		579,615
	176,900		Bangkok Bank PCL (Foreign)		1,078,464
	686,000		Bangkok Dusit Medical Services PCL		361,190
	473,000		Banpu PCL (Foreign)		475,062
	177,700		BEC World PCL (Foreign)		273,938
	970,600		BTS Group Holdings PCL (Foreign)		257,159
	96,000		Bumrungrad Hospital PCL		358,501
	245,600		Central Pattana PCL (Foreign)		361,781
	551,900		Charoen Pokphand Foods PCL		456,424
	913,100		CP Seven Eleven PCL (Foreign)		1,309,106
	82,500		Glow Energy PCL (Foreign)		216,960
	482,438		Home Product Center PCL (Foreign)		154,235
	266,178		Indorama Ventures PCL (Foreign)		217,601
	2,843,900		IRPC PCL (Foreign)		298,256
	361,200		Kasikornbank PCL (Foreign)		2,366,776
	674,350		Krung Thai Bank PCL (Foreign)		447,963
	195,700		Minor International PCL (Foreign)		195,824
	347,684		PTT Exploration & Production PCL (Foreign)		1,751,628
	329,641		PTT Global Chemical PCL (Foreign)		671,702
	210,500		PTT PCL (Foreign)		2,084,822
	87,200		Siam Cement PCL (Foreign)		1,161,066
	349,200		Siam Commercial Bank PCL (Foreign)		1,922,129
	246,400		Thai Oil PCL (Foreign)		394,780
	1,958,700		TMB Bank PCL (Foreign)		172,628
	946,800	*	True Corp PCL (Foreign)		277,470
			TOTAL THAILAND		19,265,974
TURKEY - 1.6%
	408,335		Akbank TAS		1,619,414
	42,122	*	Anadolu Efes Biracilik Ve Malt Sanayii AS		510,871
	42,401		Arcelik AS		268,269
	45,609		BIM Birlesik Magazalar AS		1,080,015
	15,015		Coca-Cola Icecek AS		376,674
	415,887		Emlak Konut Gayrimenkul Yatiri		538,918
	104,403		Enka Insaat ve Sanayi AS		272,108
	286,527		Eregli Demir ve Celik Fabrikalari TAS		604,151
	11,768		Ford Otomotiv Sanayi AS		161,192
	199,341		Haci Omer Sabanci Holding AS		929,046
	136,371		KOC Holding AS		715,564
	6,898		Koza Altin Isletmeleri AS		71,285
	30,382		TAV Havalimanlari Holding AS		249,334
	18,527		Tofas Turk Otomobil Fabrik		114,722
	38,811		Tupras Turkiye Petrol Rafine		948,479
	126,045	*	Turk Hava Yollari		378,210
	80,910		Turk Sise ve Cam Fabrikalari AS		117,610
	95,157		Turk Telekomunikasyon AS		284,875
	190,159	*	Turkcell Iletisim Hizmet AS		1,243,507
	514,541		Turkiye Garanti Bankasi AS		2,118,995
	141,892		Turkiye Halk Bankasi AS		1,068,381
	360,001		Turkiye Is Bankasi (Series C)		1,004,456
	166,280		Turkiye Vakiflar Bankasi Tao		390,568

269

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

SHARES			COMPANY	VALUE
	31,753		Ulker Biskuvi Sanayi AS	$	245,738
	186,299		Yapi ve Kredi Bankasi		424,418
			TOTAL TURKEY		15,736,800
UNITED ARAB EMIRATES - 0.5%
	207,575		Abu Dhabi Commercial Bank PJSC		508,052
	643,416		Aldar Properties PJSC		656,883
	254,336	*	Arabtec Holding Co		294,286
	32,818		DP World Ltd		649,740
	462,032		Dubai Financial Market		426,041
	155,199		Dubai Islamic Bank PJSC		325,092
	405,327		Emaar Properties PJSC		1,073,755
	87,029		First Gulf Bank PJSC		429,530
	122,904		National Bank of Abu Dhabi PJSC		485,185
			TOTAL UNITED ARAB EMIRATES		4,848,564
UNITED STATES - 2.8%
	306,500		iShares MSCI Emerging Markets		13,430,830
	28,500	e	iShares MSCI South Korea Index Fund		1,883,850
	37,096		Southern Copper Corp (NY)		1,218,975
	233,000	e	Vanguard Emerging Markets ETF		10,186,760
			TOTAL UNITED STATES		26,720,415
			TOTAL COMMON STOCKS		921,497,653
			(Cost $853,580,168)
PREFERRED STOCKS - 0.3%
BRAZIL - 0.3%
	705,175	*	ITAUSA Investimentos Itau PR		2,949,691
			TOTAL BRAZIL		2,949,691
PHILIPPINES - 0.0%
	307,700	*,m	Ayala Land, Inc (Preferred B)		707
			TOTAL PHILIPPINES		707
			TOTAL PREFERRED STOCKS		2,950,398
			(Cost $2,822,917)
RIGHTS / WARRANTS - 0.0%
SOUTH AFRICA - 0.0%
	63,203	e,m	Steinhoff International Holdings Ltd		9,229
			TOTAL SOUTH AFRICA		9,229
THAILAND - 0.0%
	368,047	m	True Corp PCL		33,930
			TOTAL THAILAND		33,930
			TOTAL RIGHTS / WARRANTS		43,159
			(Cost $0)

270

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

PRINCIPAL			ISSUER	RATE			MATURITY DATE	VALUE
SHORT-TERM INVESTMENTS - 5.5%
TREASURY DEBT - 1.0%
$	10,000,000	d	United States Treasury Bill		0.025	%	08/07/14	$	9,999,958
			TOTAL TREASURY DEBT						9,999,958

SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 4.5%
	42,631,380	c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust		42,631,380
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES		42,631,380
			TOTAL SHORT-TERM INVESTMENTS		52,631,338
			(Cost $52,631,338)
			TOTAL INVESTMENTS - 102.1%		977,122,548
			(Cost $909,034,423)
			OTHER ASSETS & LIABILITIES, NET - (2.1)%		(19,941,716	)
			NET ASSETS - 100.0%	$	957,180,832

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 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 $39,825,205.
m	Indicates a security that has been deemed illiquid.

271

TIAA-CREF FUNDS - Emerging Markets Equity Index Fund

TIAA-CREF FUNDS
EMERGING MARKETS EQUITY INDEX FUND
SUMMARY OF MARKET VALUES BY SECTOR (unaudited)

July 31, 2014

				% OF
SECTOR	VALUE			NET ASSETS
FINANCIALS	$	274,826,342			28.7	%
INFORMATION TECHNOLOGY		151,225,104			15.8
ENERGY		89,765,114			9.4
CONSUMER DISCRETIONARY		82,653,038			8.7
MATERIALS		80,161,586			8.4
CONSUMER STAPLES		74,544,615			7.8
TELECOMMUNICATION SERVICES		65,287,326			6.8
INDUSTRIALS		57,634,086			6.0
UTILITIES		31,875,777			3.3
HEALTH CARE		16,518,222			1.7
SHORT-TERM INVESTMENTS		52,631,338			5.5
OTHER ASSETS & LIABILITIES, NET		(19,941,716	)		(2.1	)
NET ASSETS	$	957,180,832			100.0	%

272

TIAA-CREF FUNDS - International Equity Index Fund

TIAA-CREF FUNDS

INTERNATIONAL EQUITY INDEX FUND

SCHEDULE OF INVESTMENTS (unaudited)

July 31, 2014

SHARES			COMPANY	VALUE
COMMON STOCKS - 99.6%
AUSTRALIA - 7.8%
	251,721		AGL Energy Ltd	$	3,431,194
	174,662	e	ALS Ltd		1,252,335
	1,217,678	*	Alumina Ltd		1,790,223
	529,356		Amcor Ltd		5,066,617
	1,306,250		AMP Ltd		6,593,811
	374,778		APA Group		2,587,010
	426,855		Asciano Group		2,369,468
	1,218,854	*	Australia & New Zealand Banking Group Ltd		38,054,571
	91,590		Australian Stock Exchange Ltd		3,058,799
	159,539		Bank of Queensland Ltd		1,841,245
	191,792		Bendigo Bank Ltd		2,256,470
	1,430,374		BHP Billiton Ltd		50,787,465
	351,152		Boral Ltd		1,727,379
	691,278		Brambles Ltd		5,984,465
	59,906		Caltex Australia Ltd		1,362,854
	926,979		CFS Gandel Retail Trust		1,857,930
	251,189		Coca-Cola Amatil Ltd		2,142,198
	27,570	e	Cochlear Ltd		1,618,740
	718,179		Commonwealth Bank of Australia		55,392,946
	209,752		Computershare Ltd		2,531,249
	160,547		Crown Ltd		2,402,453
	216,884		CSL Ltd		13,512,632
	2,561,562		DB RREEF Trust		2,814,414
	625,655		Federation Centres		1,487,386
	24,493	e	Flight Centre Ltd		1,068,511
	696,254	e	Fortescue Metals Group Ltd		3,121,470
	757,226		GPT Group (ASE)		2,850,920
	238,116	e	Harvey Norman Holdings Ltd		675,647
	190,236	e	Iluka Resources Ltd		1,541,237
	722,716		Incitec Pivot Ltd		1,977,816
	1,048,997		Insurance Australia Group Ltd		6,105,033
	45,893		Leighton Holdings Ltd		933,361
	241,209		Lend Lease Corp Ltd		3,010,090
	756,125		Macquarie Goodman Group		3,706,867
	129,489		Macquarie Group Ltd		6,930,196
	420,419	e	Metcash Ltd		1,136,923
	1,612,895		Mirvac Group		2,698,079
	1,044,091		National Australia Bank Ltd		33,901,213
	344,344	*	Newcrest Mining Ltd		3,439,947
	164,187		Orica Ltd		3,316,097
	486,708		Origin Energy Ltd		6,409,786
	492,948	*	Qantas Airways Ltd		604,020
	553,641		QBE Insurance Group Ltd		5,596,001
	937,497		QR National Ltd		4,328,617

273

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	57,896		Ramsay Health Care Ltd	$	2,579,305
	25,024		REA Group Ltd		1,089,865
	430,586		Santos Ltd		5,768,591
	2,362,233	*	Scentre Group		7,463,757
	143,470		Seek Ltd		2,168,611
	165,829		Sonic Healthcare Ltd		2,773,678
	749,824		SP AusNet		933,994
	1,040,076		Stockland Trust Group		3,895,869
	565,348		Suncorp-Metway Ltd		7,433,225
	479,004		Sydney Airport		1,900,149
	346,147	e	Tabcorp Holdings Ltd		1,118,499
	621,871		Tattersall’s Ltd		2,042,148
	1,955,331		Telstra Corp Ltd		9,915,691
	301,254		Toll Holdings Ltd		1,513,432
	122,124		TPG Telecom Ltd		620,211
	803,605		Transurban Group		5,770,675
	297,397		Treasury Wine Estates Ltd		1,362,827
	512,410		Wesfarmers Ltd		20,749,611
	866,674		Westfield Corp		6,024,392
	1,384,754		Westpac Banking Corp		44,035,233
	292,699		Woodside Petroleum Ltd		11,489,590
	563,178		Woolworths Ltd		19,195,538
	93,589		WorleyParsons Ltd		1,541,578
			TOTAL AUSTRALIA		466,662,154
AUSTRIA - 0.2%
	31,778		Andritz AG.		1,720,040
	124,519		Erste Bank der Oesterreichischen Sparkassen AG.		3,197,451
	69,565	*,e,m	Immoeast AG.		0
	475,586		Immofinanz Immobilien Anlagen AG.		1,506,111
	65,859		OMV AG.		2,648,757
	51,861		Raiffeisen International Bank Holding AG.		1,424,187
	49,677		Telekom Austria AG.		475,618
	49,921		Voestalpine AG.		2,196,909
	17,162		Wiener Staedtische Allgemeine Versicherung AG.		851,846
			TOTAL AUSTRIA		14,020,919
BELGIUM - 1.2%
	97,582		Ageas		3,502,316
	66,340		Belgacom S.A.		2,167,906
	33,517		Colruyt S.A.		1,623,120
	45,018	e	Delhaize Group		2,937,744
	36,323		Groupe Bruxelles Lambert S.A.		3,612,588
	357,190		InBev NV		38,552,483
	111,565	*	KBC Groep NV		6,047,388
	26,123		Solvay S.A.		4,218,008
	24,836	*	Telenet Group Holding NV		1,327,521
	50,140	e	UCB S.A.		4,599,045
	51,968	e	Umicore		2,511,545
			TOTAL BELGIUM		71,099,664

274

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
CHINA - 0.0%
	919,000	e	Yangzijiang Shipbuilding	$	798,783
			TOTAL CHINA		798,783
DENMARK - 1.5%
	1,247		AP Moller - Maersk AS (Class A)		2,798,427
	2,914		AP Moller - Maersk AS (Class B)		6,793,461
	47,340		Carlsberg AS (Class B)		4,529,418
	50,712		Coloplast AS		4,287,835
	289,175		Danske Bank AS		8,354,450
	78,373		DSV AS		2,474,981
	889,110		Novo Nordisk AS		40,927,648
	105,767		Novozymes AS		5,230,111
	52,248		Pandora AS		3,575,379
	355,989		TDC AS		3,591,259
	9,996		TrygVesta AS		1,007,122
	101,353	*	Vestas Wind Systems AS		4,569,724
	10,259	e	William Demant Holding		892,026
			TOTAL DENMARK		89,031,841
FINLAND - 0.9%
	62,535		Elisa Oyj (Series A)		1,794,495
	202,926		Fortum Oyj		5,217,179
	137,701	e	Kone Oyj (Class B)		5,790,011
	51,059	e	Metso Oyj		2,009,411
	56,463	e	Neste Oil Oyj		1,043,374
	1,667,484	e	Nokia Oyj		13,210,434
	50,329	e	Nokian Renkaat Oyj		1,742,569
	43,881		Orion Oyj (Class B)		1,626,853
	197,879		Sampo Oyj (A Shares)		9,829,754
	244,150		Stora Enso Oyj (R Shares)		2,193,699
	235,462		UPM-Kymmene Oyj		3,837,691
	65,120		Wartsila Oyj (B Shares)		3,279,556
			TOTAL FINLAND		51,575,026
FRANCE - 9.4%
	76,287		Accor S.A.		3,694,397
	14,541		Aeroports de Paris		1,991,806
	153,479		Air Liquide		19,530,833
	1,248,770	*,e	Alcatel S.A.		4,371,462
	96,802		Alstom RGPT		3,481,509
	24,905		Arkema		2,309,146
	34,423		Atos Origin S.A.		2,687,914
	815,771		AXA S.A.		18,742,055
	471,538		BNP Paribas		31,288,169
	2,396		Bollore		1,478,721
	86,981		Bouygues S.A.		3,426,440
	97,597		Bureau Veritas S.A.		2,517,146
	63,440		Cap Gemini S.A.		4,600,243
	272,208		Carrefour S.A.		9,400,634
	24,696		Casino Guichard Perrachon S.A.		2,976,488
	24,398		Christian Dior S.A.		4,249,643
	81,763		CNP Assurances		1,606,358

275

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	198,245		Compagnie de Saint-Gobain	$	9,645,971
	446,785		Credit Agricole S.A.		6,043,842
	55,906		Dassault Systemes S.A.		3,751,609
	90,225		Edenred		2,820,199
	106,394		Electricite de France		3,436,933
	90,271		Essilor International S.A.		8,818,404
	16,404		Eurazeo		1,232,949
	261,796		European Aeronautic Defence and Space Co		15,189,447
	68,743		Eutelsat Communications		2,373,978
	14,013		Fonciere Des Regions		1,407,121
	826,152		France Telecom S.A.		12,936,969
	640,435		Gaz de France		16,513,296
	9,669		Gecina S.A.		1,380,816
	252,557		Groupe Danone		18,242,386
	205,535		Groupe Eurotunnel S.A.		2,720,007
	16,220		Icade		1,565,751
	11,603		Iliad S.A.		3,200,622
	15,175		Imerys S.A.		1,184,900
	31,984		JC Decaux S.A.		1,098,115
	43,716		Klepierre		2,068,043
	82,722		Lafarge S.A.		6,438,562
	51,925		Lagardere S.C.A.		1,545,787
	117,555		Legrand S.A.		6,519,099
	108,244		L’Oreal S.A.		18,278,069
	124,344		LVMH Moet Hennessy Louis Vuitton S.A.		21,389,913
	82,209		Michelin (C.G.D.E.) (Class B)		9,018,286
	414,899		Natixis		2,681,009
	93,981		Pernod-Ricard S.A.		10,525,044
	178,864	*	Peugeot S.A.		2,667,754
	33,513		PPR		7,174,592
	80,234	*	Publicis Groupe S.A.		5,821,241
	10,736	e	Remy Cointreau S.A.		879,095
	85,465		Renault S.A.		7,134,624
	117,746		Rexel S.A.		2,281,539
	120,158		Safran S.A.		7,061,357
	530,623		Sanofi-Aventis		55,710,547
	232,711		Schneider Electric S.A.		19,723,772
	66,370		SCOR		2,135,044
	12,650		Societe BIC S.A.		1,744,093
	320,482		Societe Generale		16,088,978
	41,536	e	Sodexho Alliance S.A.		4,128,180
	124,417		Suez Environnement S.A.		2,322,012
	45,450		Technip S.A.		4,198,434
	40,527		Thales S.A.		2,304,958
	951,580	*	Total S.A.		61,371,839
	43,383		Unibail-Rodamco		11,645,555
	33,774		Valeo S.A.		4,046,720
	48,209		Vallourec		2,133,335
	183,419		Veolia Environnement		3,248,695
	216,573		Vinci S.A.		14,946,331
	533,399		Vivendi Universal S.A.		13,387,384
	14,463		Wendel		1,897,300

276

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	81,420		Zodiac S.A.	$	2,549,388
			TOTAL FRANCE		566,982,858
GERMANY - 8.8%
	92,339		Adidas-Salomon AG.		7,311,816
	202,557		Allianz AG.		33,722,916
	17,508	e	Axel Springer AG.		985,801
	409,923		BASF AG.		42,424,546
	367,732		Bayer AG.		48,506,237
	147,017		Bayerische Motoren Werke AG.		17,512,653
	25,447		Bayerische Motoren Werke AG. (Preference)		2,411,540
	45,259		Beiersdorf AG.		4,079,384
	22,585		Brenntag AG.		3,626,006
	22,572		Celesio AG.		772,154
	432,046	*	Commerzbank AG.		6,207,640
	49,606		Continental AG.		10,683,366
	428,935		Daimler AG. (Registered)		35,395,162
	614,886		Deutsche Bank AG.		21,028,161
	85,385		Deutsche Boerse AG.		6,181,427
	101,948		Deutsche Lufthansa AG.		1,798,373
	430,100		Deutsche Post AG.		13,760,908
	1,388,072		Deutsche Telekom AG.		22,525,144
	125,860		Deutsche Wohnen AG.		2,723,258
	889,001		E.ON AG.		16,782,846
	16,303	e	Fraport AG. Frankfurt Airport Services Worldwide		1,071,478
	96,616		Fresenius Medical Care AG.		6,697,217
	55,693		Fresenius SE		8,328,300
	30,735	e	Fuchs Petrolub AG. (Preference)		1,233,459
	82,541		GEA Group AG.		3,703,638
	25,953		Hannover Rueckversicherung AG.		2,215,443
	62,317		HeidelbergCement AG.		4,622,660
	53,013		Henkel KGaA		5,046,656
	78,838		Henkel KGaA (Preference)		8,766,799
	10,183		Hochtief AG.		853,987
	13,845		Hugo Boss AG.		1,986,564
	502,175		Infineon Technologies AG.		5,533,226
	75,860	e	K&S AG.		2,324,472
	10,776		Kabel Deutschland Holding AG.		1,539,578
	40,485		Lanxess AG.		2,578,567
	82,495		Linde AG.		16,825,570
	16,555		MAN AG.		1,965,825
	57,044		Merck KGaA		5,044,400
	72,199		Metro AG.		2,601,691
	79,868		Muenchener Rueckver AG.		16,945,760
	43,297	*	Osram Licht AG.		1,748,911
	70,065		Porsche AG.		6,548,915
	214,731	*	Premiere AG.		1,931,323
	96,758		ProSiebenSat. Media AG.		4,056,913
	17,693		RTL Group		1,801,076
	216,463		RWE AG.		8,690,626
	410,852		SAP AG.		32,289,626
	353,388		Siemens AG.		43,642,048

277

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	123,318		Telefonica Deutschland Holding AG.	$	964,166
	200,997	*	ThyssenKrupp AG.		5,661,883
	51,101		United Internet AG.		2,043,060
	13,804		Volkswagen AG.		3,183,454
	72,413		Volkswagen AG. (Preference)		16,817,094
			TOTAL GERMANY		527,703,723
HONG KONG - 3.0%
	5,365,800		AIA Group Ltd		28,746,722
	110,200	e	ASM Pacific Technology		1,170,956
	553,967		Bank of East Asia Ltd		2,361,627
	1,624,000		BOC Hong Kong Holdings Ltd		5,093,453
	522,000		Cathay Pacific Airways Ltd		986,174
	614,000		Cheung Kong Holdings Ltd		11,862,172
	263,000		Cheung Kong Infrastructure Holdings Ltd		1,852,848
	839,000	e	CLP Holdings Ltd		6,979,348
	1,017,750		First Pacific Co		1,216,709
	1,033,000		Galaxy Entertainment Group Ltd		8,687,179
	984,000		Hang Lung Properties Ltd		3,038,943
	339,200		Hang Seng Bank Ltd		5,746,238
	517,283		Henderson Land Development Co Ltd		3,281,187
	1,355,640	e	HKT Trust and HKT Ltd		1,601,093
	2,796,292		Hong Kong & China Gas Ltd		6,119,330
	609,500		Hong Kong Electric Holdings Ltd		5,444,179
	491,602		Hong Kong Exchanges and Clearing Ltd		11,012,239
	40		Hopewell Holdings		139
	950,000		Hutchison Whampoa Ltd		12,887,165
	277,792		Hysan Development Co Ltd		1,329,734
	300,123		Kerry Properties Ltd		1,095,464
	2,604,600		Li & Fung Ltd		3,469,643
	1,016,991		Link REIT		5,769,950
	662,178		MTR Corp		2,601,397
	2,268,867		New World Development Co Ltd		2,861,126
	1,935,999		Noble Group Ltd		2,191,615
	660,013		NWS Holdings Ltd		1,221,069
	1,898,336		PCCW Ltd		1,168,388
	1,071,600		Sands China Ltd		7,867,356
	622,192		Shangri-La Asia Ltd		981,473
	1,358,562		Sino Land Co		2,337,301
	859,000		SJM Holdings Ltd		2,294,959
	718,655		Sun Hung Kai Properties Ltd		10,908,652
	279,000		Swire Pacific Ltd (Class A)		3,592,168
	556,800		Swire Properties Ltd		1,815,238
	618,500		Techtronic Industries Co		1,853,819
	661,762		Wharf Holdings Ltd		5,274,232
	401,000		Wheelock & Co Ltd		2,021,930
	330,500		Yue Yuen Industrial Holdings		1,104,477
			TOTAL HONG KONG		179,847,692
IRELAND - 0.7%
	10,675,721	*	Bank of Ireland		3,751,251
	328,216		CRH plc		7,660,732

278

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	67,097	*,m	Irish Bank Resolution Corp Ltd	$	0
	195,767		James Hardie Industries NV		2,431,161
	70,013		Kerry Group plc (Class A)		5,203,176
	41,178		Ryanair Holdings plc		376,966
	6,628	*	Ryanair Holdings plc (ADR)		351,218
	261,885		Shire Ltd		21,555,319
			TOTAL IRELAND		41,329,823
ISRAEL - 0.5%
	463,935		Bank Hapoalim Ltd		2,706,247
	578,224	*	Bank Leumi Le-Israel		2,270,505
	858,266		Bezeq Israeli Telecommunication Corp Ltd		1,598,105
	2,028		Delek Group Ltd		795,728
	200,851		Israel Chemicals Ltd		1,633,170
	1,227	*	Israel Corp Ltd		722,157
	59,619		Mizrahi Tefahot Bank Ltd		753,881
	25,688		Nice Systems Ltd		1,019,955
	380,443		Teva Pharmaceutical Industries Ltd		20,371,164
			TOTAL ISRAEL		31,870,912
ITALY - 2.4%
	516,877		Assicurazioni Generali S.p.A.		10,788,748
	181,215		Autostrade S.p.A.		4,796,081
	5,185,520		Banca Intesa S.p.A.		15,399,036
	423,701		Banca Intesa S.p.A. RSP		1,132,209
	1,959,672	*	Banca Monte dei Paschi di Siena S.p.A		3,542,534
	378,533		Banche Popolari Unite Scpa		3,116,429
	162,030	*	Banco Popolare SC		2,502,335
	774,275	e	Enel Green Power S.p.A		2,141,575
	2,952,343		Enel S.p.A.		16,807,629
	1,136,757		ENI S.p.A.		28,925,814
	44,445	e	Exor S.p.A.		1,701,446
	389,589	*	Fiat S.p.A.		3,739,087
	181,763	*,e	Finmeccanica S.p.A.		1,674,561
	408,130		Fondiaria-Sai S.p.A		1,235,492
	76,461		Luxottica Group S.p.A.		4,218,286
	269,305		Mediobanca S.p.A.		2,373,677
	104,908		Pirelli & C S.p.A.		1,564,517
	89,843		Prysmian S.p.A.		1,910,445
	118,274		Saipem S.p.A.		2,754,838
	895,174		Snam Rete Gas S.p.A.		5,276,945
	2,701,097		Telecom Italia RSP		2,525,449
	4,446,728	e	Telecom Italia S.p.A.		5,123,927
	666,330		Terna Rete Elettrica Nazionale S.p.A.		3,504,355
	1,986,026		UniCredit S.p.A		15,493,222
			TOTAL ITALY		142,248,637
JAPAN - 20.5%
	11,500		ABC-Mart, Inc		621,046
	176,400	*,e	Acom Co Ltd		694,574
	71,500	e	Advantest Corp		798,262
	280,700		Aeon Co Ltd		3,151,732

279

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	50,600		Aeon Credit Service Co Ltd	$	1,153,189
	50,400		Aeon Mall Co Ltd		1,181,047
	65,000		Air Water, Inc		1,039,546
	84,700		Aisin Seiki Co Ltd		3,289,569
	258,000		Ajinomoto Co, Inc		3,966,010
	19,400		Alfresa Holdings Corp		1,158,190
	509,000	e	All Nippon Airways Co Ltd		1,259,276
	159,000		Amada Co Ltd		1,544,376
	511,000		Aozora Bank Ltd		1,736,422
	171,500		Asahi Breweries Ltd		5,172,205
	446,000		Asahi Glass Co Ltd		2,642,906
	557,000		Asahi Kasei Corp		4,402,039
	71,800		Asics Corp		1,523,775
	967,100		Astellas Pharma, Inc		13,114,457
	150,000		Bank of Kyoto Ltd		1,362,543
	521,000		Bank of Yokohama Ltd		2,964,558
	29,400		Benesse Corp		1,107,552
	287,700		Bridgestone Corp		10,383,195
	104,100		Brother Industries Ltd		1,862,484
	33,200		Calbee, Inc		985,946
	509,200	*	Canon, Inc		16,658,605
	92,400	e	Casio Computer Co Ltd		1,554,663
	63,800		Central Japan Railway Co		9,060,995
	327,000		Chiba Bank Ltd		2,380,391
	70,000		Chiyoda Corp		828,803
	284,800	*	Chubu Electric Power Co, Inc		3,310,685
	98,158		Chugai Pharmaceutical Co Ltd		3,266,983
	74,900		Chugoku Bank Ltd		1,150,776
	130,700		Chugoku Electric Power Co, Inc		1,737,739
	118,000		Citizen Watch Co Ltd		938,206
	65,300		Credit Saison Co Ltd		1,284,830
	245,000		Dai Nippon Printing Co Ltd		2,513,293
	124,000		Daicel Chemical Industries Ltd		1,251,459
	130,000		Daido Steel Co Ltd		607,491
	85,000	*	Daihatsu Motor Co Ltd		1,508,757
	468,700		Dai-ichi Mutual Life Insurance Co		6,602,403
	287,400		Daiichi Sankyo Co Ltd		5,225,987
	104,100		Daikin Industries Ltd		7,149,479
	70,500	e	Dainippon Sumitomo Pharma Co Ltd		861,871
	32,100		Daito Trust Construction Co Ltd		3,868,884
	262,000		Daiwa House Industry Co Ltd		5,318,394
	734,000		Daiwa Securities Group, Inc		6,162,650
	50,800	e	Dena Co Ltd		655,179
	220,000		Denso Corp		10,147,626
	95,600		Dentsu, Inc		3,786,339
	25,700		Don Quijote Co Ltd		1,388,671
	148,300		East Japan Railway Co		11,879,875
	113,800		Eisai Co Ltd		4,820,551
	51,300		Electric Power Development Co		1,652,744
	26,100		FamilyMart Co Ltd		1,172,178
	86,100		Fanuc Ltd		14,880,686
	23,600		Fast Retailing Co Ltd		7,791,489

280

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	247,000	*	Fuji Electric Holdings Co Ltd	$	1,273,586
	260,000		Fuji Heavy Industries Ltd		7,414,494
	204,200		Fujifilm Holdings Corp		5,829,057
	830,000		Fujitsu Ltd		6,362,345
	342,000		Fukuoka Financial Group, Inc		1,749,579
	52,800	*,e	Gree, Inc		416,860
	185,000	e	GungHo Online Entertainment Inc		1,041,512
	170,000		Gunma Bank Ltd		1,000,243
	185,000		Hachijuni Bank Ltd		1,137,281
	103,200		Hakuhodo DY Holdings, Inc		1,083,488
	31,200		Hamamatsu Photonics KK		1,466,605
	501,000		Hankyu Hanshin Holdings, Inc		2,916,753
	7,300		Hikari Tsushin, Inc		534,457
	113,400		Hino Motors Ltd		1,568,212
	13,300		Hirose Electric Co Ltd		1,869,224
	222,000		Hiroshima Bank Ltd		1,077,279
	25,300		Hisamitsu Pharmaceutical Co, Inc		1,007,794
	43,700		Hitachi Chemical Co Ltd		768,680
	48,200	e	Hitachi Construction Machinery Co Ltd		983,800
	27,500		Hitachi High-Technologies Corp		737,682
	2,149,000		Hitachi Ltd		16,656,468
	98,000		Hitachi Metals Ltd		1,593,614
	541,000		Hokuhoku Financial Group, Inc		1,110,776
	75,700	*	Hokuriku Electric Power Co		980,360
	726,200		Honda Motor Co Ltd		25,279,791
	194,000		Hoya Corp		6,281,437
	53,300	*	Ibiden Co Ltd		1,065,042
	37,600		Idemitsu Kosan Co Ltd		768,535
	71,100		Iida Group Holdings Co Ltd		1,059,370
	388,500		Inpex Holdings, Inc		5,757,822
	148,080		Isetan Mitsukoshi Holdings Ltd		1,834,986
	595,000		Ishikawajima-Harima Heavy Industries Co Ltd		2,751,571
	529,000		Isuzu Motors Ltd		3,671,583
	684,700		Itochu Corp		8,718,103
	10,500		Itochu Techno-Science Corp		469,580
	108,600		Iyo Bank Ltd		1,100,096
	216,400		J Front Retailing Co Ltd		1,458,198
	26,500		Japan Airlines Co Ltd		1,463,792
	166,000	*	Japan Display, Inc		948,591
	345		Japan Prime Realty Investment Corp		1,193,575
	521	*	Japan Real Estate Investment Corp		2,928,509
	1,010		Japan Retail Fund Investment Corp		2,225,631
	493,200		Japan Tobacco, Inc		17,344,620
	217,200		JFE Holdings, Inc		4,584,235
	91,000		JGC Corp		2,757,515
	298,000		Joyo Bank Ltd		1,585,542
	79,100		JSR Corp		1,363,839
	93,600		JTEKT Corp		1,620,511
	1,000,800		JX Holdings, Inc		5,146,215
	371,000		Kajima Corp		1,725,173
	67,100		Kakaku.com, Inc		1,135,601
	103,000		Kamigumi Co Ltd		985,109

281

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	118,000		Kaneka Corp	$	709,652
	316,700		Kansai Electric Power Co, Inc		2,892,788
	102,000		Kansai Paint Co Ltd		1,709,281
	229,900		Kao Corp		9,454,455
	632,000		Kawasaki Heavy Industries Ltd		2,458,550
	259,700		KDDI Corp		14,928,303
	209,000	e	Keihin Electric Express Railway Co Ltd		1,841,280
	254,000		Keio Corp		2,025,939
	122,000		Keisei Electric Railway Co Ltd		1,250,682
	20,300		Keyence Corp		8,843,588
	67,000		Kikkoman Corp		1,467,366
	818,000		Kintetsu Corp		2,978,631
	370,500		Kirin Brewery Co Ltd		5,193,388
	1,348,000		Kobe Steel Ltd		2,194,299
	42,000	*	Koito Manufacturing Co Ltd		1,150,831
	413,300		Komatsu Ltd		9,165,882
	46,000	e	Konami Corp		1,067,967
	213,600		Konica Minolta Holdings, Inc		2,280,373
	501,000		Kubota Corp		6,595,811
	151,600		Kuraray Co Ltd		1,985,734
	45,300		Kurita Water Industries Ltd		1,040,917
	144,100		Kyocera Corp		6,979,782
	115,000		Kyowa Hakko Kogyo Co Ltd		1,579,938
	189,600	*	Kyushu Electric Power Co, Inc		2,105,213
	29,500		Lawson, Inc		2,209,144
	117,600		LIXIL Group Corp		2,850,838
	11,400		Mabuchi Motor Co Ltd		899,085
	52,400		Makita Corp		3,099,303
	736,000		Marubeni Corp		5,172,635
	104,600		Marui Co Ltd		1,009,316
	19,900		Maruichi Steel Tube Ltd		550,858
	984,600		Matsushita Electric Industrial Co Ltd		12,276,411
	239,400		Mazda Motor Corp		5,752,130
	32,100	e	McDonald’s Holdings Co Japan Ltd		807,940
	59,000		Mediceo Paltac Holdings Co Ltd		743,559
	27,000		MEIJI Holdings Co Ltd		1,935,264
	305,600		Millea Holdings, Inc		9,610,131
	24,100		Miraca Holdings, Inc		1,115,346
	599,300		Mitsubishi Chemical Holdings Corp		2,622,906
	626,700		Mitsubishi Corp		13,205,734
	863,000		Mitsubishi Electric Corp		11,392,924
	563,000		Mitsubishi Estate Co Ltd		13,767,083
	172,000		Mitsubishi Gas Chemical Co, Inc		1,117,739
	1,344,000		Mitsubishi Heavy Industries Ltd		8,761,043
	55,000	e	Mitsubishi Logistics Corp		833,895
	500,000		Mitsubishi Materials Corp		1,817,616
	285,399		Mitsubishi Motors Corp		3,251,572
	5,671,180		Mitsubishi UFJ Financial Group, Inc		33,444,651
	217,000		Mitsubishi UFJ Lease & Finance Co Ltd		1,215,441
	776,100		Mitsui & Co Ltd		12,446,621
	360,000	*,e	Mitsui Chemicals, Inc		970,510
	419,000		Mitsui Fudosan Co Ltd		13,836,973

282

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	483,000		Mitsui OSK Lines Ltd	$	1,789,633
	224,100		Mitsui Sumitomo Insurance Group Holdings, Inc		5,101,043
	1,473,000		Mitsui Trust Holdings, Inc		6,410,063
	10,351,407		Mizuho Financial Group, Inc		20,096,962
	89,800		Murata Manufacturing Co Ltd		8,560,210
	51,000		Nabtesco Corp		1,152,249
	365,000	*	Nagoya Railroad Co Ltd		1,527,392
	78,200		Namco Bandai Holdings, Inc		1,979,149
	1,160,000		NEC Corp		4,478,596
	57,700		Nexon Co Ltd		556,671
	116,000		NGK Insulators Ltd		2,744,598
	80,088		NGK Spark Plug Co Ltd		2,394,427
	71,100		NHK Spring Co Ltd		696,284
	89,800		Nidec Corp		5,848,374
	149,600	e	Nikon Corp		2,320,278
	48,500		Nintendo Co Ltd		5,387,863
	616	*	Nippon Building Fund, Inc		3,458,362
	182,000		Nippon Electric Glass Co Ltd		1,019,650
	372,000		Nippon Express Co Ltd		1,798,935
	78,000		Nippon Meat Packers, Inc		1,596,706
	76,000		Nippon Paint Co Ltd		1,751,165
	584		Nippon ProLogis REIT, Inc		1,358,390
	3,386,000		Nippon Steel Corp		10,224,567
	166,500		Nippon Telegraph & Telephone Corp		11,056,308
	708,000		Nippon Yusen Kabushiki Kaisha		2,028,582
	1,121,200		Nissan Motor Co Ltd		10,999,426
	87,200		Nisshin Seifun Group, Inc		1,018,315
	26,100		Nissin Food Products Co Ltd		1,434,096
	31,400		Nitori Co Ltd		1,763,763
	68,900		Nitto Denko Corp		3,074,761
	147,000		NKSJ Holdings, Inc		3,711,968
	40,500		NOK Corp		826,984
	1,618,300		Nomura Holdings, Inc		10,217,250
	55,000		Nomura Real Estate Holdings, Inc		1,021,904
	49,300		Nomura Research Institute Ltd		1,552,221
	210,000		NSK Ltd		2,954,330
	56,000		NTT Data Corp		2,132,603
	682,700		NTT DoCoMo, Inc		11,971,927
	53,700		NTT Urban Development Corp		585,038
	291,000		Obayashi Corp		2,123,800
	275,000	e	Odakyu Electric Railway Co Ltd		2,693,968
	351,000		OJI Paper Co Ltd		1,412,677
	106,500	*	Olympus Corp		3,832,272
	91,200		Omron Corp		4,044,967
	36,800		Ono Pharmaceutical Co Ltd		3,112,885
	18,100		Oracle Corp Japan		766,887
	22,000		Oriental Land Co Ltd		4,131,299
	580,800		ORIX Corp		9,386,467
	830,000		Osaka Gas Co Ltd		3,452,209
	116,600	e	Osaka Securities Exchange Co Ltd		2,652,821
	21,300		Otsuka Corp		970,499
	178,000		Otsuka Holdings KK		5,668,015

283

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	42,900		Park24 Co Ltd	$	787,017
	353,000		Rakuten, Inc		4,635,936
	977,200		Resona Holdings, Inc		5,445,522
	314,800		Ricoh Co Ltd		3,603,676
	16,100		Rinnai Corp		1,465,824
	43,200		Rohm Co Ltd		2,435,418
	23,600		Sankyo Co Ltd		918,346
	22,100	e	Sanrio Co Ltd		636,954
	32,800		Santen Pharmaceutical Co Ltd		1,933,586
	92,240		SBI Holdings, Inc		1,076,126
	92,800		Secom Co Ltd		5,644,665
	82,400		Sega Sammy Holdings, Inc		1,629,995
	58,500		Seiko Epson Corp		2,504,144
	188,000		Sekisui Chemical Co Ltd		2,254,205
	241,200		Sekisui House Ltd		3,165,720
	333,400		Seven & I Holdings Co Ltd		13,874,632
	263,300		Seven Bank Ltd		1,056,631
	693,000	*,e	Sharp Corp		2,158,558
	82,500	*	Shikoku Electric Power Co, Inc		1,087,815
	107,000		Shimadzu Corp		1,024,169
	9,800		Shimamura Co Ltd		971,856
	34,600		Shimano, Inc		4,039,230
	265,000		Shimizu Corp		2,029,782
	181,700		Shin-Etsu Chemical Co Ltd		11,524,896
	724,000		Shinsei Bank Ltd		1,530,915
	132,600		Shionogi & Co Ltd		2,862,690
	159,500		Shiseido Co Ltd		3,143,571
	236,000		Shizuoka Bank Ltd		2,543,493
	108,400		Shoei Co Ltd		1,276,692
	83,300		Showa Shell Sekiyu KK		939,497
	24,400		SMC Corp		6,736,317
	428,900		Softbank Corp		30,832,871
	85,400		So-net M3, Inc		1,378,351
	461,000	e	Sony Corp		8,402,064
	75,400		Sony Financial Holdings, Inc		1,234,858
	63,100		Stanley Electric Co Ltd		1,636,642
	658,009		Sumitomo Chemical Co Ltd		2,501,107
	501,900		Sumitomo Corp		6,614,064
	333,300		Sumitomo Electric Industries Ltd		4,885,338
	245,000		Sumitomo Heavy Industries Ltd		1,197,369
	231,000		Sumitomo Metal Mining Co Ltd		3,848,282
	571,800		Sumitomo Mitsui Financial Group, Inc		23,309,124
	159,000		Sumitomo Realty & Development Co Ltd		6,564,822
	76,800		Sumitomo Rubber Industries, Inc		1,112,393
	61,500		Suntory Beverage & Food Ltd		2,304,677
	78,000		Suruga Bank Ltd		1,520,894
	31,100		Suzuken Co Ltd		991,567
	162,400		Suzuki Motor Corp		5,419,289
	63,600	*	Sysmex Corp		2,468,983
	256,000		T&D Holdings, Inc		3,212,948
	525,000		Taiheiyo Cement Corp		2,032,693
	460,000		Taisei Corp		2,594,208

284

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	16,100		Taisho Pharmaceutical Holdings Co Ltd	$	1,146,133
	105,000	e	Taiyo Nippon Sanso Corp		920,755
	119,000		Takashimaya Co Ltd		1,094,415
	353,400		Takeda Pharmaceutical Co Ltd		16,119,443
	104,300		Tanabe Seiyaku Co Ltd		1,515,020
	54,400		TDK Corp		2,609,628
	421,000		Teijin Ltd		1,042,567
	133,800		Terumo Corp		3,033,920
	50,400		THK Co Ltd		1,212,884
	451,000		Tobu Railway Co Ltd		2,361,310
	50,100		Toho Co Ltd		1,215,231
	180,000	e	Toho Gas Co Ltd		994,613
	200,500		Tohoku Electric Power Co, Inc		2,189,347
	641,300	*	Tokyo Electric Power Co, Inc		2,502,101
	77,300		Tokyo Electron Ltd		5,049,498
	1,050,000		Tokyo Gas Co Ltd		5,998,330
	184,000		Tokyo Tatemono Co Ltd		1,571,513
	502,000		Tokyu Corp		3,608,952
	211,100		Tokyu Fudosan Holdings Corp		1,601,148
	125,000		TonenGeneral Sekiyu KK		1,091,673
	245,000		Toppan Printing Co Ltd		1,866,258
	647,000		Toray Industries, Inc		4,379,443
	1,792,000		Toshiba Corp		7,970,197
	124,000		Toto Ltd		1,554,305
	72,500		Toyo Seikan Kaisha Ltd		1,129,136
	39,000		Toyo Suisan Kaisha Ltd		1,182,954
	27,400		Toyoda Gosei Co Ltd		556,455
	71,600		Toyota Industries Corp		3,488,225
	1,229,300		Toyota Motor Corp		72,577,884
	92,600		Toyota Tsusho Corp		2,574,347
	46,300		Trend Micro, Inc		1,648,162
	54,500		Uni-Charm Corp		3,337,183
	1,114	*	United Urban Investment Corp		1,788,930
	97,000		USS Co Ltd		1,694,544
	72,800		West Japan Railway Co		3,301,938
	639,400		Yahoo! Japan Corp		2,893,118
	38,600	e	Yakult Honsha Co Ltd		2,039,572
	383,100	e	Yamada Denki Co Ltd		1,359,713
	94,000		Yamaguchi Financial Group, Inc		962,860
	73,700		Yamaha Corp		1,123,032
	115,500		Yamaha Motor Co Ltd		1,913,362
	17,000		Yamato Kogyo Co Ltd		552,587
	160,400		Yamato Transport Co Ltd		3,341,245
	49,000		Yamazaki Baking Co Ltd		620,210
	103,900	e	Yaskawa Electric Corp		1,354,103
	96,000		Yokogawa Electric Corp		1,209,129
	93,000		Yokohama Rubber Co Ltd		805,236
			TOTAL JAPAN		1,230,908,460
JERSEY, C.I. - 0.1%
	39,375		Randgold Resources Ltd		3,390,457
			TOTAL JERSEY, C.I.		3,390,457

285

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
LUXEMBOURG - 0.3%
	35,893	*	Altice S.A.	$	2,059,720
	448,368	e	ArcelorMittal		6,808,442
	29,188	e	Millicom International Cellular S.A.		2,483,352
	133,753		SES Global S.A.		4,916,349
	207,912		Tenaris S.A.		4,475,751
			TOTAL LUXEMBOURG		20,743,614
MACAU - 0.1%
	413,200		MGM China Holdings Ltd		1,510,926
	688,000	e	Wynn Macau Ltd		2,931,849
			TOTAL MACAU		4,442,775
MEXICO - 0.0%
	97,078	e	Fresnillo plc		1,517,292
			TOTAL MEXICO		1,517,292
NETHERLANDS - 4.5%
	803,690		Aegon NV		6,517,656
	106,843		Akzo Nobel NV		7,695,216
	159,502		ASML Holding NV		15,042,668
	37,958		Boskalis Westminster		2,027,288
	30,428		Corio NV		1,616,531
	87,306		Delta Lloyd NV		2,016,659
	76,345		DSM NV		5,274,164
	32,548	e	Fugro NV		1,253,303
	35,126	e	Gemalto NV		3,430,645
	46,198		Heineken Holding NV		2,941,329
	102,089		Heineken NV		7,171,277
	1,717,310	*	ING Groep NV		22,303,706
	410,218		Koninklijke Ahold NV		7,152,692
	432,153		Koninklijke Philips Electronics NV		13,319,200
	31,090	e	Koninklijke Vopak NV		1,439,156
	37,131	*,e	OCI NV		1,418,812
	55,271		Randstad Holdings NV		2,739,827
	309,192		Reed Elsevier NV		6,960,061
	1,741,143		Royal Dutch Shell plc (A Shares)		71,588,591
	1,094,033		Royal Dutch Shell plc (B Shares)		47,111,012
	1,423,576	*	Royal KPN NV		4,552,100
	194,773		TNT Express NV		1,569,511
	727,042		Unilever NV		29,922,141
	133,927		Wolters Kluwer NV		3,710,621
	67,238		Ziggo NV		3,032,109
			TOTAL NETHERLANDS		271,806,275
NEW ZEALAND - 0.1%
	416,347		Auckland International Airport Ltd		1,346,014
	166,934		Contact Energy Ltd		783,909
	303,968		Fletcher Building Ltd		2,339,638
	165,795		Ryman Healthcare Ltd		1,136,191
	804,052		Telecom Corp of New Zealand Ltd		1,939,840

286

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	28,077	*	Xero Ltd	$	591,266
			TOTAL NEW ZEALAND		8,136,858
NORWAY - 0.8%
	69,246		Aker Kvaerner ASA		1,021,938
	435,411		DNB NOR Holding ASA		7,716,171
	88,713		Gjensidige Forsikring BA		1,716,020
	602,983	e	Norsk Hydro ASA		3,574,830
	357,247		Orkla ASA		3,233,650
	168,532	e	Seadrill Ltd (Oslo Exchange)		6,054,889
	496,682	e	Statoil ASA		14,192,475
	332,973		Telenor ASA		7,662,721
	80,834	e	Yara International ASA		3,704,578
			TOTAL NORWAY		48,877,272
PORTUGAL - 0.2%
	15,608,421	*,e	Banco Comercial Portugues S.A.		2,229,180
	1,165,001	*,e	Banco Espirito Santo S.A.		312,706
	1,028,040		Energias de Portugal S.A.		4,814,398
	169,443		Galp Energia SGPS S.A.		3,007,478
	113,463	e	Jeronimo Martins SGPS S.A.		1,483,096
			TOTAL PORTUGAL		11,846,858
SINGAPORE - 1.5%
	935,960		Ascendas REIT		1,746,363
	939,000		CapitaCommercial Trust		1,252,244
	1,154,000		CapitaLand Ltd		3,180,073
	1,092,330		CapitaMall Trust		1,721,052
	178,400	e	City Developments Ltd		1,506,737
	877,000		ComfortDelgro Corp Ltd		1,812,526
	768,121		DBS Group Holdings Ltd		11,191,005
	2,675,400	e	Genting International plc		2,852,757
	1,378,000		Global Logistic Properties		3,067,658
	3,118,647	e	Golden Agri-Resources Ltd		1,331,324
	2,474,300		Hutchison Port Holdings Trust		1,840,859
	48,009		Jardine Cycle & Carriage Ltd		1,784,008
	636,400		Keppel Corp Ltd		5,578,037
	300,000		Keppel Land Ltd		872,522
	217,000	e	Olam International Ltd		429,651
	1,164,826	e	Oversea-Chinese Banking Corp		9,296,364
	429,460		SembCorp Industries Ltd		1,880,636
	371,600	e	SembCorp Marine Ltd		1,229,847
	238,933		Singapore Airlines Ltd		1,972,967
	354,000		Singapore Exchange Ltd		1,997,056
	732,000	e	Singapore Press Holdings Ltd		2,432,178
	685,000		Singapore Technologies Engineering Ltd		2,080,313
	3,553,403		Singapore Telecommunications Ltd		11,557,450
	276,000		StarHub Ltd		940,266
	576,158		United Overseas Bank Ltd		11,119,066
	202,302		United Overseas Land Ltd		1,071,796
	847,000	e	Wilmar International Ltd		2,211,398
			TOTAL SINGAPORE		87,956,153

287

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
SPAIN - 3.5%
	187,050		Abertis Infraestructuras S.A. (Continuous)	$	4,099,658
	82,579		ACS Actividades Construccion y Servicios S.A.		3,611,124
	167,448	e	Amadeus IT Holding S.A.		6,589,187
	2,608,784		Banco Bilbao Vizcaya Argentaria S.A.		32,068,986
	1,517,144	e	Banco de Sabadell S.A.		4,924,915
	778,549		Banco Popular Espanol S.A.		4,751,149
	5,224,519		Banco Santander Central Hispano S.A.		52,492,250
	2,050,081	*	Bankia S.A.		4,016,237
	794,400		CaixaBank S.A.		4,776,890
	193,991		Cintra Concesiones de Infraestructuras de Transporte S.A.		4,064,539
	441,616		Corp Mapfre S.A.		1,698,621
	271,522		Distribuidora Internacional de Alimentacion S.A.		2,250,573
	88,507		Enagas		2,944,590
	154,154		Gas Natural SDG S.A.		4,736,034
	66,539		Grifols S.A.		3,003,425
	2,356,382		Iberdrola S.A.		17,530,752
	489,970		Inditex S.A.		14,313,477
	47,634		Red Electrica de Espana		4,093,155
	396,652		Repsol YPF S.A.		9,891,530
	1,810,269		Telefonica S.A.		29,511,914
	82,934	e	Zardoya Otis S.A.		1,268,492
			TOTAL SPAIN		212,637,498
SWEDEN - 3.0%
	139,140	e	Alfa Laval AB		3,159,634
	147,884		Assa Abloy AB (Class B)		7,266,329
	299,635	e	Atlas Copco AB (A Shares)		8,939,570
	176,687		Atlas Copco AB (B Shares)		4,768,224
	124,838		Boliden AB		2,022,392
	107,078		Electrolux AB (Series B)		2,655,751
	165,775	e	Elekta AB (B Shares)		2,031,293
	1,355,692		Ericsson (LM) (B Shares)		16,880,910
	89,146		Getinge AB (B Shares)		2,180,530
	426,936		Hennes & Mauritz AB (B Shares)		17,453,755
	111,825		Hexagon AB (B Shares)		3,467,807
	184,614		Husqvarna AB (B Shares)		1,456,131
	55,660		Industrivarden AB		1,034,631
	200,722		Investor AB (B Shares)		7,215,746
	104,682		Kinnevik Investment AB (Series B)		4,345,079
	100,381	*	Lundin Petroleum AB		1,799,196
	1,345,409		Nordea Bank AB		18,042,973
	471,507		Sandvik AB		5,931,102
	143,224		Securitas AB (B Shares)		1,665,229
	672,086		Skandinaviska Enskilda Banken AB (Class A)		8,997,193
	172,386		Skanska AB (B Shares)		3,581,927
	175,580		SKF AB (B Shares)		4,138,799
	261,490		Svenska Cellulosa AB (B Shares)		6,439,461
	220,699		Svenska Handelsbanken (A Shares)		10,628,951
	401,467		Swedbank AB (A Shares)		10,284,627
	90,379		Swedish Match AB		2,962,322

288

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	141,369		Tele2 AB	$	1,724,625
	1,079,013		TeliaSonera AB		8,081,512
	683,990		Volvo AB (B Shares)		8,350,635
			TOTAL SWEDEN		177,506,334
SWITZERLAND - 9.3%
	976,443		ABB Ltd		22,456,104
	45,378		Actelion Ltd		5,450,163
	75,408		Adecco S.A.		5,640,408
	38,570		Aryzta AG.		3,488,676
	20,876		Baloise Holding AG.		2,513,579
	970	e	Barry Callebaut AG.		1,192,735
	232,143		Cie Financiere Richemont S.A.		22,028,563
	88,169		Coca-Cola HBC AG.		2,065,677
	675,277		Credit Suisse Group		18,318,748
	3,966		EMS-Chemie Holding AG.		1,708,921
	16,672		Geberit AG.		5,586,384
	4,069		Givaudan S.A.		6,655,221
	4,727,652		Glencore Xstrata plc		28,567,434
	101,790		Holcim Ltd		8,144,878
	98,502		Julius Baer Group Ltd		4,178,663
	24,194		Kuehne & Nagel International AG.		3,226,458
	399		Lindt & Spruengli AG.		2,074,141
	48	e	Lindt & Spruengli AG. (Registered)		2,991,186
	23,399		Lonza Group AG.		2,594,800
	1,436,081		Nestle S.A.		106,327,442
	1,025,082		Novartis AG.		89,180,692
	15,892		Pargesa Holding S.A.		1,345,173
	7,679		Partners Group		1,924,935
	23,539		Phonak Holding AG.		3,652,175
	312,438		Roche Holding AG.		90,671,249
	20,559		Schindler Holding AG.		3,072,503
	9,933		Schindler Holding AG. (Registered)		1,471,291
	2,425		SGS S.A.		5,282,724
	948		Sika AG.		3,687,734
	281,793		STMicroelectronics NV		2,345,875
	10,472		Sulzer AG.		1,384,745
	13,650		Swatch Group AG.		7,279,304
	21,636		Swatch Group AG. (Registered)		2,166,556
	14,893		Swiss Life Holding		3,443,981
	27,164		Swiss Prime Site AG.		2,155,608
	159,035		Swiss Re Ltd		13,519,168
	10,317		Swisscom AG.		5,728,003
	41,156		Syngenta AG.		14,579,688
	1,624,387		UBS AG.		27,909,450
	66,261		Zurich Financial Services AG.		19,249,461
			TOTAL SWITZERLAND		555,260,496
UNITED KINGDOM - 18.8%
	435,654		3i Group plc		2,767,043
	412,154		Aberdeen Asset Management plc		2,861,341
	126,425		Acergy S.A.		2,111,659

289

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	85,489		Admiral Group plc	$	2,097,618
	112,768		Aggreko plc		3,265,604
	133,997		AMEC plc		2,565,072
	621,350		Anglo American plc (London)		16,686,950
	174,381		Antofagasta plc		2,372,897
	627,754		ARM Holdings plc		8,936,996
	24,896	*,e	ASOS plc		1,046,601
	162,332		Associated British Foods plc		7,599,061
	563,722		AstraZeneca plc		41,160,959
	1,305,890		Aviva plc		11,051,466
	223,931		Babcock International Group		4,138,462
	1,416,740		BAE Systems plc		10,210,374
	7,284,911		Barclays plc		27,614,825
	1,518,670		BG Group plc		29,947,014
	941,728		BHP Billiton plc		32,124,221
	8,223,146		BP plc		66,967,164
	839,806		British American Tobacco plc		49,197,823
	427,248		British Land Co plc		5,054,681
	451,545		British Sky Broadcasting plc		6,683,721
	3,523,776		BT Group plc		23,069,789
	148,944		Bunzl plc		3,992,208
	195,450		Burberry Group plc		4,647,516
	290,402		Capita Group plc		5,880,172
	2,282,059		Centrica plc		11,890,573
	415,506	e	CNH Industrial NV		3,835,086
	499,720		Cobham plc		2,465,632
	745,186		Compass Group plc		12,142,474
	60,179		Croda International plc		2,134,620
	1,125,124		Diageo plc		33,790,089
	675,679		Direct Line Insurance Group plc		3,243,389
	71,450	e	easyJet plc		1,557,267
	440,050		Experian Group Ltd		7,529,570
	726,551		GKN plc		4,180,331
	2,170,756		GlaxoSmithKline plc		52,312,466
	718,188		Group 4 Securicor plc		3,039,057
	315,161		Hammerson plc		3,186,878
	104,226		Hargreaves Lansdown plc		1,796,898
	8,410,165		HSBC Holdings plc		90,164,655
	243,490		ICAP plc		1,423,960
	119,678		IMI plc		2,854,426
	428,810	*	Imperial Tobacco Group plc		18,564,869
	188,081		Inmarsat plc		2,306,898
	105,313		InterContinental Hotels Group plc		4,272,628
	453,923	*	International Consolidated Airlines Group S.A.		2,539,521
	71,178		Intertek Group plc		3,073,114
	247,382		Investec plc		2,139,714
	1,691,195		ITV plc		5,936,380
	549,815	e	J Sainsbury plc		2,898,001
	90,757		Johnson Matthey plc		4,522,135
	1,047,958		Kingfisher plc		5,293,105
	349,077		Land Securities Group plc		6,124,300
	2,613,338		Legal & General Group plc		10,309,791

290

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	VALUE
	424,146		Liberty International plc	$	2,344,148
	25,431,203	*	Lloyds TSB Group plc		31,704,421
	78,389		London Stock Exchange Group plc		2,556,965
	721,665		Marks & Spencer Group plc		5,223,772
	349,547		Meggitt plc		2,993,014
	470,072		Melrose Industries plc		2,082,129
	1,651,457		National Grid plc		23,522,082
	68,723		Next plc		7,843,487
	2,163,373		Old Mutual plc		7,116,999
	362,314		Pearson plc		6,979,434
	134,846		Persimmon plc		2,840,059
	117,442		Petrofac Ltd		2,164,259
	1,139,793		Prudential plc		26,196,835
	289,688		Reckitt Benckiser Group plc		25,572,908
	513,625		Reed Elsevier plc		8,256,909
	627,676		Resolution Ltd		3,510,128
	311,351		Rexam plc		2,624,653
	194,546		Rio Tinto Ltd		11,817,437
	567,368		Rio Tinto plc		32,427,358
	836,816		Rolls-Royce Group plc		14,607,755
	1,098,313		Royal Bank of Scotland Group plc		6,546,438
	286,798		Royal Mail plc		2,013,437
	446,465	*	RSA Insurance Group plc		3,457,527
	428,351		SABMiller plc		23,324,389
	485,830		Sage Group plc		3,017,498
	58,833		Schroders plc		2,363,876
	427,680		Scottish & Southern Energy plc		10,503,379
	322,690		Segro plc		1,943,662
	108,498		Severn Trent plc		3,539,518
	402,379		Smith & Nephew plc		6,924,824
	174,072		Smiths Group plc		3,735,299
	118,057	*	Sports Direct International plc		1,326,528
	1,077,007		Standard Chartered plc		22,334,713
	1,072,669		Standard Life plc		6,759,170
	216,372		Tate & Lyle plc		2,271,596
	3,608,045		Tesco plc		15,654,297
	109,694		Travis Perkins plc		3,088,659
	219,755	e	TUI Travel plc		1,341,434
	405,132		Tullow Oil plc		4,967,133
	570,760		Unilever plc		24,660,539
	305,479		United Utilities Group plc		4,578,675
	11,814,215		Vodafone Group plc		39,342,414
	93,996		Weir Group plc		4,056,937
	80,384		Whitbread plc		5,821,035
	381,942		William Hill plc		2,263,900
	956,241	e	WM Morrison Supermarkets plc		2,714,099
	117,760		Wolseley plc		6,130,824
	595,554		WPP plc		11,855,424
			TOTAL UNITED KINGDOM		1,128,501,040
UNITED STATES - 0.5%
	80,805		Carnival plc		2,910,810

291

TIAA-CREF FUNDS - International Equity Index Fund

SHARES			COMPANY	RATE			MATURITY DATE	VALUE
	255,399	d,e	iShares MSCI EAFE Index Fund					$	17,007,020
	105,103	*	Qiagen NV						2,566,637
	161,185	e	Transocean Ltd						6,477,107
			TOTAL UNITED STATES						28,961,574
			TOTAL COMMON STOCKS						5,975,664,988
			(Cost $5,023,574,523)
RIGHTS / WARRANTS - 0.0%
AUSTRALIA - 0.0%
	989,098	m	BGP Holdings plc						0
			TOTAL AUSTRALIA						0
HONG KONG - 0.0%
	531		Sun Hung Kai Properties Ltd						1,335
			TOTAL HONG KONG						1,335
SPAIN - 0.0%
	5,224,519	m	Banco Santander S.A.						1,071,260
	82,934	e,m	Zardoya Otis S.A.						50,740
			TOTAL SPAIN						1,122,000
			TOTAL RIGHTS / WARRANTS						1,123,335
			(Cost $1,128,626)
PRINCIPAL			ISSUER
SHORT-TERM INVESTMENTS - 2.8%
TREASURY DEBT - 0.2%
$	12,300,000	d	United States Treasury Bill		0.025	%	08/07/14		12,299,949
			TOTAL TREASURY DEBT						12,299,949
SHARES			COMPANY
INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 2.6%
	153,676,192	a,c	TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust						153,676,192
			TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES						153,676,192
			TOTAL SHORT-TERM INVESTMENTS						165,976,141
			(Cost $165,976,141)
			TOTAL INVESTMENTS - 102.4%						6,142,764,464
			(Cost $5,190,679,290)
			OTHER ASSETS & LIABILITIES, NET - (2.4)%						(143,519,583	)
			NET ASSETS - 100.0%					$	5,999,244,881

292

TIAA-CREF FUNDS - International Equity Index Fund

	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 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 $144,255,826.
m	Indicates a security that has been deemed illiquid.

293

TIAA-CREF FUNDS - International Equity Index Fund

TIAA-CREF FUNDS
INTERNATIONAL EQUITY INDEX FUND
SUMMARY OF MARKET VALUES BY SECTOR (unaudited)
July 31, 2014

SECTOR	VALUE			% OF NET ASSETS
FINANCIALS	$	1,549,860,180			25.8	%
INDUSTRIALS		749,169,292			12.5
CONSUMER DISCRETIONARY		693,783,393			11.6
CONSUMER STAPLES		652,749,955			10.9
HEALTH CARE		628,444,450			10.5
MATERIALS		488,603,322			8.1
ENERGY		419,049,650			7.0
TELECOMMUNICATION SERVICES		294,318,828			4.9
INFORMATION TECHNOLOGY		271,678,250			4.5
UTILITIES		229,131,003			3.8
SHORT-TERM INVESTMENTS		165,976,141			2.8
OTHER ASSETS & LIABILITIES, NET		(143,519,583	)		(2.4	)
NET ASSETS	$	5,999,244,881			100.0	%

294

TIAA-CREF FUNDS – Notes to Schedules of Investments (unaudited)

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 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, Premier, Retirement and Retail 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 financial statements.

Investment transactions: Security 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. The effect of changes in foreign currency exchange rates on realized and unrealized security gains and losses is reflected as a component of security gains and losses.

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 their estimated fair value utilizing various valuation methods approved by the Board. U.S. GAAP establishes a hierarchy that prioritizes 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)

295

TIAA-CREF FUNDS – Notes to Schedules of Investments (unaudited)

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 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 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, which are traded on commodity exchanges, are valued at the last sale price as of the close of such commodity 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.

296

TIAA-CREF FUNDS – Notes to Schedules of Investments (unaudited)

Transfers between levels are recognized at the end of the reporting period. For the period ended July 31, 2014, there were no material transfers between levels by the Funds.

As of July 31, 2014, 100% of the value of investments in the Enhanced Large-Cap Growth Index Fund, Mid-Cap Growth Fund, Small-Cap Equity Fund, Large-Cap Growth Index Fund, Large-Cap Value Index Fund and the S&P 500 Fund were valued based on Level 1 inputs.

The following table summarizes the market value of the Funds’ investments as of July 31, 2014, based on the inputs used to value them:

Fund	Level 1			Level 2		Level 3		Total
Enhanced Large-Cap Value Index
Equity investments:
Consumer discretionary	$	131,110,849		$	1,416,946	$	—	$	132,527,795
All other equity investments*		1,544,342,627			—		—		1,544,342,627
Short-term investments		31,066,236			—		—		31,066,236
Written options**		(6,299	)		—		—		(6,299	)
Total	$	1,706,513,413		$	1,416,946	$	—	$	1,707,930,359
Growth & Income
Equity investments:
Consumer discretionary	$	705,042,178		$	23,221,254	$	—	$	728,263,432
Consumer staples		289,023,679			71,911,043		—		360,934,722
Energy		363,334,825			13,944,613		—		377,279,438
Financials		561,034,190			24,352,987		—		585,387,177
Health care		656,007,077			38,775,182		—		694,782,259
Industrials		468,384,065			8,192,978		—		476,577,043
Materials		138,679,646			15,913,035		—		154,592,681
All other equity investments*		1,080,516,508			—		—		1,080,516,508
Short-term investments		116,570,932			14,999,938		—		131,570,870
Purchased options**		30,650			—		—		30,650
Written options**		(446,730	)		—		—		(446,730	)
Total	$	4,378,177,020		$	211,311,030	$	—	$	4,589,488,050
Large-Cap Growth
Equity investments:
Consumer discretionary	$	449,316,932		$	20,756,057	$	—	$	470,072,989
Health care		434,011,422			42,391,196		—		476,402,618
Telecommunication services		21,275,128			40,142,399		—		61,417,527
All other equity investments*		1,594,136,774			—		—		1,594,136,774
Short-term investments		35,570,707			9,999,958		—		45,570,665
Total	$	2,534,310,963		$	113,289,610	$	—	$	2,647,600,573

297

TIAA-CREF FUNDS – Notes to Schedules of Investments (unaudited)

Fund		Level 1			Level 2		Level 3		Total
Large-Cap Value
Equity investments:
Consumer discretionary	$	422,124,844		$	31,226,597	$	—	$	453,351,441
Consumer staples		276,811,210			45,048,629		—		321,859,839
Health care		676,707,668			38,132,103		—		714,839,771
Industrials		490,202,426			—		7,267		490,209,693
Materials		146,274,129			19,962,246		—		166,236,375
Telecommunication services		168,627,504			8,761,753		—		177,389,257
All other equity investments*		2,770,287,417			—		—		2,770,287,417
Short-term investments		185,035,645			7,198,682		—		192,234,327
Purchased options**		11,760			—		—		11,760
Written options**		(12,600	)		—		—		(12,600	)
Total	$	5,136,070,003		$	150,330,010	$	7,267	$	5,286,407,280
Mid-Cap Value
Equity investments:
Energy	$	426,281,301		$	36,377,310	$	—	$	462,658,611
Financials		1,443,865,525			15,006,191		—		1,458,871,716
Health care		539,106,512			7,435,004		—		546,541,516
All other equity investments*		2,451,680,053			—		—		2,451,680,053
Short-term investments		102,326,807			30,245,234		—		132,572,041
Total	$	4,963,260,198		$	89,063,739	$	—	$	5,052,323,937
Social Choice Equity
Equity investments*	$	2,055,108,043		$	—	$	—	$	2,055,108,043
Short-term investments		—			47,379,894		—		47,379,894
Total	$	2,055,108,043		$	47,379,894	$	—	$	2,102,487,937
Emerging Markets Equity
Equity investments:
Africa/Middle East	$	—		$	35,622,334	$	—	$	35,622,334
Asia		10,752,319			461,124,497		175,658		472,052,474
Europe		5,354,719			79,576,016		—		84,930,735
Latin America		—			146,953,048		—		146,953,048
All other equity investments*		6,552,779			82,063,671		—		88,616,450
Corporate bonds		—			—		534,000		534,000
Short-term investments		24,538,418			—		—		24,538,418
Total	$	47,198,235		$	805,339,566	$	709,658	$	853,247,459
Enhanced International Equity Index
Equity investments:
Asia	$	—		$	232,208,977	$	—	$	232,208,977
Australasia		—			81,029,389		—		81,029,389
Europe		24,427,010			564,593,445		—		589,020,455
All other equity investments*		5,774,089			82,369,951		—		88,144,040
Short-term investments		25,623,711			—		—		25,623,711
Total	$	55,824,810		$	960,201,762	$	—	$	1,016,026,572
Global Natural Resources
Equity investments:
Africa/Middle East	$	—		$	6,130,308	$	—	$	6,130,308
Asia		—			8,373,460		—		8,373,460
Australasia		—			20,297,107		—		20,297,107
Europe		1,986,028			50,552,762		—		52,538,790
North America		111,086,678			30,087,488		—		141,174,166
All other equity investments*		—			26,908,954		—		26,908,954
Short-term investments		13,635,899			—		—		13,635,899
Total	$	126,708,605		$	142,350,079	$	—	$	269,058,684

298

TIAA-CREF FUNDS – Notes to Schedules of Investments (unaudited)

Fund		Level 1			Level 2		Level 3		Total
International Equity
Equity investments:
Asia	$	—		$	835,987,947	$	—	$	835,987,947
Europe		—			2,676,789,229		—		2,676,789,229
All other equity investments*		—			111,750,120		—		111,750,120
Short-term investments		66,924,385			7,149,607		—		74,073,992
Total	$	66,924,385		$	3,631,676,903	$	—	$	3,698,601,288
International Opportunities
Equity investments:
Asia	$	10,457,422		$	272,624,138	$	—	$	283,081,560
Australasia		—			34,735,987		—		34,735,987
Europe		—			437,742,214		1,903		437,744,117
Latin America		—			25,203,367		—		25,203,367
North America		—			65,554,799		—		65,554,799
All other equity investments*		4,062,150			134,566,595		—		138,628,745
Short-term investments		79,270,164			—		—		79,270,164
Total	$	93,789,736		$	970,427,100	$	1,903	$	1,064,218,739
Equity Index
Equity investments:
Health care	$	1,126,112,514		$	27,669	$	4,028	$	1,126,144,211
Telecommunication services		193,513,388			49,856		—		193,563,244
All other equity investments*		7,213,504,476			—		—		7,213,504,476
Short-term investments		257,747,526			—		—		257,747,526
Futures**		(368,107	)		—		—		(368,107	)
Total	$	8,790,509,797		$	77,525	$	4,028	$	8,790,591,350
Small-Cap Blend Index
Equity investments:
Health care	$	207,743,954		$	67,032	$	15,521	$	207,826,507
Telecommunication services		12,025,662			139,956		—		12,165,618
All other equity investments*		1,343,538,216			—		—		1,343,538,216
Short-term investments		259,072,367			—		—		259,072,367
Total	$	1,822,380,199		$	206,988	$	15,521	$	1,822,602,708
Emerging Markets Equity Index
Equity investments:
Africa/Middle East	$	—		$	67,608,942	$	—	$	67,608,942
Asia		113,240			550,269,796		272		550,383,308
Europe		5,239,563			36,878,417		—		42,117,980
Latin America		—			145,681,199		—		145,681,199
North America		26,720,415			—		—		26,720,415
All other equity investments*		2,785,624			89,193,034		708		91,979,366
Short-term investments		42,631,380			9,999,958		—		52,631,338
Futures**		(188,925	)		—		—		(188,925	)
Total	$	77,301,297		$	899,631,346	$	980	$	976,933,623

299

TIAA-CREF FUNDS – Notes to Schedules of Investments (unaudited)

Fund		Level 1			Level 2		Level 3		Total
International Equity Index
Equity investments:
Asia	$	—		$	1,410,757,487	$	—	$	1,410,757,487
Australasia		—			466,662,154		—		466,662,154
Europe		—			3,583,768,861		—		3,583,768,861
All other equity investments*		17,358,237			498,241,584		—		515,599,821
Short-term investments		153,676,192			12,299,949		—		165,976,141
Futures**		(147,915	)		—		—		(147,915	)
Total	$	170,886,514		$	5,971,730,035	$	—	$	6,142,616,549

*	For detailed categories, see the accompanying schedule of investments.
**	Derivative instruments, excluding purchased options, are not reflected in the schedule of investments.

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 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 receipts or payments are settled daily reflecting changes in the value of the futures contracts. 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, 2014, 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	42	$4,690,140	September 2014	$(119,343)
Equity Index	S&P 500 E-Mini Index	125	12,030,000	September 2014	(289,594)
Equity Index	S&P Mid-Cap 400 E-Mini Index	12	1,641,360	September 2014	(43,277)
Equity Index	Russell 2000 Mini Index	13	1,451,710	September 2014	(35,236)
Total		150	15,123,070		(368,107)
Large-Cap Growth Index	S&P 500 E-Mini Index	92	8,854,080	September 2014	(197,177)
Large-Cap Value Index	S&P 500 E-Mini Index	43	4,138,320	September 2014	(65,564)
S&P 500 Index	S&P 500 E-Mini Index	30	2,887,200	September 2014	(70,380)
Emerging Markets Equity Index	MSCI Emerging Markets Mini Index	533	28,105,090	September 2014	(188,925)
International Equity Index	MSCI EAFE Mini Index	80	7,660,800	September 2014	(147,915)

Options: The Funds are subject to equity price risk in the normal course of pursuing their 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. Purchased options are included in the schedule of investments. 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.

300

TIAA-CREF FUNDS – Notes to Schedules of Investments (unaudited)

Purchased options outstanding as of July 31, 2014 were as follows:

	Number of Contracts		Value
Growth & Income Fund
Apple Inc., Call, 8/8/14 at $99		125	$	3,250
GoPro Inc., Put, 8/8/14 at $46		100		27,400
Total		225	$	30,650
Large-Cap Value Fund
Walgreen Co., Call, 8/16/14 at $77.5		280	$	11,760
Mid-Cap Growth Fund
Avago Technologies Ltd., Put, 8/16/14 at $70		1,250	$	243,750

Written options outstanding as of July 31, 2014 were as follows:

	Number of contracts		Value
Enhanced Large-Cap Value Index Fund
Biogen Idec Inc., Call, 8/1/14 at $347.5		15	$	(225	)
Gilead Sciences Inc, Call, 8/1/14 at $95		93		(186	)
VMWare Inc, Call, 8/1/14 at $101		65		(4,875	)
Workday Inc, Call, 8/1/14 at $87		45		(1,013	)
Total		218	$	(6,299	)
Growth & Income Fund
Apple Inc., Call, 8/8/14 at $101		250	$	(2,750	)
Citrix Systems Inc., Call, 8/16/14 at $70		200		(10,000	)
Demandware Inc., Put, 8/16/14 at $55		200		(25,500	)
Emerson Electric Co., Put, 8/16/14 at $62.5		300		(25,500	)
Garmin Ltd, Call, 8/16/14 at $60		300		(4,200	)
Garmin Ltd, Put, 8/16/14 at $50		400		(7,200	)
Gilead Sciences Inc., Call, 8/8/14 at $94		260		(16,380	)
Gilead Sciences Inc., Put, 8/1/14 at $82		300		(600	)
GoPro Inc., Call, 8/8/14 at $55		200		(26,000	)
GoPro Inc., Put, 8/8/14 at $39		200		(13,800	)
Jazz Pharmaceuticals plc, Call, 8/16/14 at $155		100		(12,000	)
Lions Gate Entertainment Corp., Call, 8/16/14 at $34		300		(4,500	)
Marathon Petroleum Corp., Call, 8/8/14 at $87		160		(8,000	)
Mohawk Industries Inc., Call, 8/16/14 at $135		200		(20,000	)
Mohawk Industries Inc., Put, 8/16/14 at $120		200		(42,400	)
Netflix Inc., Call, 8/8/14 at $455		30		(1,020	)
Quanta Services Inc., Put, 8/16/14 at $33		300		(13,500	)
Restoration Hardware Holdings, Call, 8/16/14 at $95		200		(3,000	)
Rockwell Automation Inc., Put, 8/16/14 at $110		200		(27,000	)
Stratasys Ltd, Put, 8/8/14 at $96		100		(20,000	)
Synaptics Inc., Put, 8/16/14 at $65		300		(30,000	)
Twitter Inc., Call, 8/1/14 at $42		390		(123,240	)
Twitter Inc., Put, 8/1/14 at $32		390		(390	)
Workday Inc., Call, 8/8/14 at $88		130		(9,750	)
Total		5,610	$	(446,730	)
Large-Cap Value Fund
Walgreen Co., Call, 8/16/14 at $82.5		280	$	(5,320	)
Walgreen Co., Call, 8/16/14 at $80		280		(7,280	)
Total		560	$	(12,600	)
Mid-Cap Growth Fund
Avago Technologies Ltd., Call, 8/16/14 at $75		1,250	$	(25,000	)
Avago Technologies Ltd., Put, 8/16/14 at $62.5		1,250		(18,750	)
Yelp Inc., Call, 8/16/14 at $82.5		500		(9,500	)
Total		3,000	$	(53,250	)

301

TIAA-CREF FUNDS – Notes to Schedules of Investments (unaudited)

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, 2013		Purchase cost		Sales proceeds			Realized gain(loss)		Dividend income		Withholding expense		Shares at July 31, 2014		Value at July 31, 2014
Large-Cap Value Fund
TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	198,798,936	$	163,849,880	$	(177,613,171	)	$	—	$	—	$	—		185,035,645	$	185,035,645
Small-Cap Equity Fund
TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	206,556,372	$	106,488,501	$	(72,462,700	)	$	—	$	—	$	—		240,582,173	$	240,582,173
Equity Index Fund
TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	240,434,976	$	69,493,917	$	(52,181,367	)	$	—	$	—	$	—		257,747,526	$	257,747,526
Small-Cap Blend Index Fund
TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	214,865,928	$	62,113,596	$	(17,907,157	)	$	—	$	—	$	—		259,072,367	$	259,072,367
International Equity Index Fund
TIAA-CREF Short Term Lending Portfolio of the State Street Navigator Securities Lending Trust	$	190,194,530	$	327,602,899	$	(364,121,237	)	$	—	$	—	$	—		153,676,192	$	153,676,192

Note 5—investments

Securities lending: Certain 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; any additional collateral required due to changes in security values is delivered to the Fund the next business day. Cash collateral received by the Fund will generally be invested in high-quality short-term instruments or in one or more funds maintained by the securities lending agent (“Agent”) for the purpose of investing cash collateral. In lending its securities, a Fund bears the market risk with respect to the investment of collateral and the risk the Agent may default on its contractual obligations to the Fund. The Agent bears the risk that the borrower may default on its obligation to return the loaned securities as the Agent is contractually obligated to indemnify the Fund if at the time of a default by a borrower some or all of the loan securities have not been returned.

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.

Net unrealized appreciation (depreciation): At July 31, 2014, 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	$	1,394,366,764	$	339,324,172	$	(20,301,043	)	$	319,023,129
Enhanced Large-Cap Value Index		1,323,573,082		396,803,695		(12,440,119	)		384,363,576
Growth & Income		3,626,722,228		999,342,235		(36,129,683	)		963,212,552
Large-Cap Growth		2,034,464,605		630,431,321		(17,295,353	)		613,135,968
Large-Cap Value		4,415,519,684		984,108,555		(113,208,359	)		870,900,196
Mid-Cap Growth		1,653,381,077		266,832,316		(55,343,186	)		211,489,130
Mid-Cap Value		3,663,285,696		1,424,121,336		(35,083,095	)		1,389,038,241
Small-Cap Equity		2,416,551,894		363,324,833		(100,438,488	)		262,886,345
Social Choice Equity		1,449,047,662		668,011,863		(14,571,588	)		653,440,275
Emerging Markets Equity		753,665,714		122,935,974		(23,354,229	)		99,581,745
Enhanced International Equity Index		881,256,210		151,554,393		(16,784,031	)		134,770,362
Global Natural Resources		241,924,331		29,806,894		(2,672,541	)		27,134,353
International Equity		3,622,606,176		265,822,512		(189,827,400	)		75,995,112
International Opportunities		995,252,495		104,667,982		(35,701,738	)		68,966,244
Equity Index		6,071,591,716		2,787,954,311		(68,586,570	)		2,719,367,741
Large-Cap Growth Index		1,403,454,679		439,278,679		(8,903,532	)		430,375,147
Large-Cap Value Index		2,037,343,684		366,841,971		(37,548,880	)		329,293,091
S&P 500 Index		1,644,159,890		713,271,283		(55,633,420	)		657,637,863
Small-Cap Blend Index		1,486,227,138		407,053,042		(70,677,472	)		336,375,570
Emerging Markets Equity Index		909,034,423		119,239,577		(51,151,452	)		68,088,125
International Equity Index		5,190,679,290		1,181,771,734		(229,686,560	)		952,085,174

302

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 15, 2014	By:	/s/ Robert G. Leary
			Robert G. Leary
			President and Principal Executive Officer

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 15, 2014	By:	/s/ Robert G. Leary
			Robert G. Leary
			President and Principal Executive Officer
			(principal executive officer)

Date:	September 15, 2014	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