13F-HR 1 q10813f.txt PERIOD ENDING 3-31-08 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2008 Check here if Amendment [ ]: Amendment Number: 0 This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Gateway Investment Advisers, LLC Address: 3805 Edwards Road, Suite 600 Cincinnati, OH 45209 Form 13F File Number: The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Geoffrey Keenan Title: Executive Vice President Phone: 513-719-1100 Signature, Place, and Date of Signing: /s/ Geoffrey Keenan Cincinnati, Ohio April 29, 2008 ---------------------- ------------------------ ------------------- [Signature] [City, State] [Date] Report Type (Check only one:): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manger(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 643 Form 13F Information Table Value Total: 7403228 (x$1000) List of Other Included Managers: NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- ------- 3M Co. STOCK 88579Y101 41556 525026 SH Sole 525026 Abbott Laboratories STOCK 002824100 60985 1105810 SH Sole 1105810 Abercrombie & Fitch Co. - Clas STOCK 002896207 13274 181482 SH Sole 181482 Accenture Ltd. Class A STOCK G1150G111 1117 31748 SH Sole 31748 ACE Limited STOCK G0070K103 430 7801 SH Sole 7801 Activision, Inc. STOCK 004930202 13463 492959 SH Sole 492959 Adobe Systems Incorporated STOCK 00724F101 21510 604378 SH Sole 604378 ADTRAN, Inc. STOCK 00738A106 3026 163556 SH Sole 163556 Advanced Micro Devices, Inc. STOCK 007903107 2869 487154 SH Sole 487154 Aegon NV - ADR STOCK 007924103 1598 109187 SH Sole 109187 AES Corporation STOCK 00130H105 409 24516 SH Sole 24516 Aetna Inc. STOCK 00817Y108 13037 309750 SH Sole 309750 AFLAC Incorporated STOCK 001055102 2114 32549 SH Sole 32549 Agilent Technologies, Inc. STOCK 00846U101 891 29859 SH Sole 29859 AGL Resources Inc. STOCK 001204106 1927 56136 SH Sole 56136 Air Products and Chemicals, In STOCK 009158106 660 7175 SH Sole 7175 Akamai Technologies, Inc. STOCK 00971T101 6696 237776 SH Sole 237776 Alcatel-Lucent - ADR STOCK 013904305 79 13743 SH Sole 13743 Alcoa Inc. STOCK 013817101 11770 326401 SH Sole 326401 Allegheny Technologies Incorpo STOCK 01741R102 229 3203 SH Sole 3203 Allergan, Inc. STOCK 018490102 969 17180 SH Sole 17180 Alliant Techsystems Inc. STOCK 018804104 5860 56601 SH Sole 56601 Allstate Corporation STOCK 020002101 17487 363854 SH Sole 363854 Altera Corporation STOCK 021441100 5900 320115 SH Sole 320115 Altria Group, Inc. STOCK 02209S103 33842 1524417 SH Sole 1524417 Amazon.com, Inc. STOCK 023135106 25281 354571 SH Sole 354571 Ameren Corporation STOCK 023608102 18805 426994 SH Sole 426994 American Axle & Manufacturing STOCK 024061103 6603 322107 SH Sole 322107 American Eagle Outfitters, Inc STOCK 02553E106 6724 384011 SH Sole 384011 American Electric Power Compan STOCK 025537101 623 14976 SH Sole 14976 American Express Company STOCK 025816109 20137 460590 SH Sole 460590 American International Group, STOCK 026874107 50850 1175719 SH Sole 1175719 American Tower Corporation - C STOCK 029912201 473 12062 SH Sole 12062 Ameriprise Financial, Inc. STOCK 03076C106 513 9903 SH Sole 9903 Amgen Inc. STOCK 031162100 25865 619088 SH Sole 619088 Amphenal Corporation- Class A STOCK 032095101 1066 28606 SH Sole 28606 AMR Corporation STOCK 001765106 1133 125643 SH Sole 125643 Anadarko Petroleum Corporation STOCK 032511107 957 15183 SH Sole 15183 Analog Devices, Inc. STOCK 032654105 11218 380020 SH Sole 380020 Anheuser-Busch Companies STOCK 035229103 1411 29736 SH Sole 29736 Aon Corporation STOCK 037389103 3896 96926 SH Sole 96926 Apache Corporation STOCK 037411105 1176 9730 SH Sole 9730 Apartment Investment & Managem STOCK 03748R101 2398 66963 SH Sole 66963 Apollo Group, Inc. - Class A STOCK 037604105 261 6033 SH Sole 6033 Apple Computer, Inc. STOCK 037833100 149426 1041297 SH Sole 1041297 Applera Corp. - Applied Biosys STOCK 038020103 1332 40535 SH Sole 40535 Applied Materials, Inc. STOCK 038222105 21962 1125702 SH Sole 1125702 Archer-Daniels-Midland Company STOCK 039483102 1090 26477 SH Sole 26477 Arthur J. Gallagher & Co. STOCK 363576109 20647 874131 SH Sole 874131 ArvinMeritor, Inc. STOCK 043353101 2189 174958 SH Sole 174958 Ashford Hospitality Trust STOCK 044103109 760 133778 SH Sole 133778 Associated Banc-Corp STOCK 045487105 4204 157851 SH Sole 157851 Assurant, Inc. STOCK 04621X108 241 3968 SH Sole 3968 AT&T Inc. STOCK 00206R102 163291 4263470 SH Sole 4263470 Atmel Corporation STOCK 049513104 501 144000 SH Sole 144000 Atmos Energy Corporation STOCK 049560105 22325 875505 SH Sole 875505 Autodesk, Inc. STOCK 052769106 7309 232193 SH Sole 232193 Automatic Data Processing, Inc STOCK 053015103 21062 496859 SH Sole 496859 Avery Dennison Corporation STOCK 053611109 3465 70365 SH Sole 70365 Avon Products, Inc. STOCK 054303102 7059 178538 SH Sole 178538 Axa - ADR STOCK 054536107 5987 165803 SH Sole 165803 Baidu.com, Inc. - ADR STOCK 056752108 924 3856 SH Sole 3856 Baker Hughes Incorporated STOCK 057224107 7713 112604 SH Sole 112604 Bank of America Corporation STOCK 060505104 127361 3359562 SH Sole 3359562 Bank of New York Mellon Corp STOCK 064058100 2516 60294 SH Sole 60294 Barclays PLC - ADR STOCK 06738E204 1505 41574 SH Sole 41574 Baxter International Inc. STOCK 071813109 23311 403164 SH Sole 403164 BB&T Corporation STOCK 054937107 549 17118 SH Sole 17118 BEA Systems, Inc. STOCK 073325102 2172 113417 SH Sole 113417 Becton, Dickinson and Company STOCK 075887109 565 6577 SH Sole 6577 Bed Bath & Beyond Inc. STOCK 075896100 268 9073 SH Sole 9073 Best Buy Co., Inc. STOCK 086516101 18888 455576 SH Sole 455576 Biogen Idec Inc. STOCK 09062X103 14949 242332 SH Sole 242332 BJ Services Company STOCK 055482103 8640 303068 SH Sole 303068 Black & Decker Corporation STOCK 091797100 5881 88964 SH Sole 88964 Boeing Company STOCK 097023105 44356 596421 SH Sole 596421 Boston Properties Inc. STOCK 101121101 302 3275 SH Sole 3275 Boston Scientific Corporation STOCK 101137107 9522 739881 SH Sole 739881 BP PLC - ADR STOCK 055622104 12820 211374 SH Sole 211374 Brandywine Realty Trust STOCK 105368203 2398 141369 SH Sole 141369 Briggs & Stratton Corporation STOCK 109043109 1325 74024 SH Sole 74024 Bristol-Myers Squibb Company STOCK 110122108 21106 990875 SH Sole 990875 Broadcom Corporation - Class A STOCK 111320107 5401 280278 SH Sole 280278 Broadridge Financial Solutions STOCK 11133T103 929 52780 SH Sole 52780 Brookdale Senior Living STOCK 112463104 4396 183941 SH Sole 183941 Burlington Northern Santa Fe C STOCK 12189T104 4575 49613 SH Sole 49613 C. R. Bard, Inc. STOCK 067383109 251 2600 SH Sole 2600 C.H. Robinson Worldwide, Inc. STOCK 12541W209 343 6302 SH Sole 6302 CA, Inc. STOCK 12673P105 942 41877 SH Sole 41877 Cadence Design Systems, Inc. STOCK 127387108 830 77693 SH Sole 77693 Cameron International Corp. STOCK 13342B105 1875 45033 SH Sole 45033 Campbell Soup Company STOCK 134429109 361 10628 SH Sole 10628 Capital One Financial Corporat STOCK 14040H105 767 15577 SH Sole 15577 CapitalSource Inc. STOCK 14055X102 964 99686 SH Sole 99686 Capitol Federal Financial STOCK 14057C106 3943 105216 SH Sole 105216 Caplease, Inc STOCK 140288101 787 101295 SH Sole 101295 CARBO Ceramics Inc. STOCK 140781105 2867 71504 SH Sole 71504 Cardinal Health, Inc. STOCK 14149Y108 632 12028 SH Sole 12028 Career Education Corporation STOCK 141665109 150 11801 SH Sole 11801 CarMax, Inc. STOCK 143130102 1394 71779 SH Sole 71779 Carnival Corporation STOCK 143658300 1953 48243 SH Sole 48243 Caterpillar Inc. STOCK 149123101 46247 590719 SH Sole 590719 CBL & Associates Properties, I STOCK 124830100 2242 95285 SH Sole 95285 CBS Corporation- Class B STOCK 124857202 1578 71446 SH Sole 71446 Celgene Corporation STOCK 151020104 11548 188417 SH Sole 188417 CenterPoint Energy, Inc. STOCK 15189T107 484 33950 SH Sole 33950 Cephalon, Inc. STOCK 156708109 4077 63305 SH Sole 63305 Cerner Corporation STOCK 156782104 244 6533 SH Sole 6533 Charles Schwab Corporation STOCK 808513105 16501 876293 SH Sole 876293 Chemtura Corporation STOCK 163893100 183 24870 SH Sole 24870 Cheniere Energy, Inc. STOCK 16411R208 707 35729 SH Sole 35729 Cherokee Inc. STOCK 16444H102 706 20959 SH Sole 20959 Chesapeake Energy Corporation STOCK 165167107 17587 381084 SH Sole 381084 Chevron Corporation STOCK 166764100 121677 1425461 SH Sole 1425461 China Mobile HK Limited - ADR STOCK 16941M109 17228 229670 SH Sole 229670 Chubb Corporation STOCK 171232101 662 13380 SH Sole 13380 Chunghwa Telecom Co., Ltd.-ADR STOCK 17133Q304 661 25413 SH Sole 25413 CIENA Corporation STOCK 171779309 340 11040 SH Sole 11040 CIGNA Corporation STOCK 125509109 527 12999 SH Sole 12999 Cincinnati Financial Corporati STOCK 172062101 479 12594 SH Sole 12594 Cintas Corporation STOCK 172908105 288 10092 SH Sole 10092 Cisco Systems, Inc. STOCK 17275R102 101379 4208327 SH Sole 4208327 Citigroup Inc. STOCK 172967101 44920 2097099 SH Sole 2097099 Citizens Communications Compan STOCK 17453B101 6887 656529 SH Sole 656529 Citizens Republic Bancorp Inc. STOCK 174420109 1802 144965 SH Sole 144965 City National Corporation STOCK 178566105 365 7380 SH Sole 7380 Clear Channel Communications, STOCK 184502102 5678 194303 SH Sole 194303 Clorox Company STOCK 189054109 243 4294 SH Sole 4294 CME Group Inc. STOCK 12572Q105 33854 72168 SH Sole 72168 CNET Networks, Inc. STOCK 12613R104 446 62757 SH Sole 62757 CNOOC Limited - ADR STOCK 126132109 7574 51599 SH Sole 51599 Coach, Inc. STOCK 189754104 784 25999 SH Sole 25999 Coca-Cola Company STOCK 191216100 78096 1282991 SH Sole 1282991 Cognizant Technology Solutions STOCK 192446102 5521 191516 SH Sole 191516 Colgate-Palmolive Company STOCK 194162103 31070 398796 SH Sole 398796 Comcast Corporation - Class A STOCK 20030N101 3937 203590 SH Sole 203590 Comcast Corporation - Class A STOCK 20030N200 14785 779392 SH Sole 779392 Comerica Incorporated STOCK 200340107 1702 48515 SH Sole 48515 Companhia Energetica de Minas STOCK 204409601 1705 94506 SH Sole 94506 Companhia Siderurgica Nacional STOCK 20440W105 45841 1273712 SH Sole 1273712 Computer Sciences Corporation STOCK 205363104 238 5836 SH Sole 5836 Compuware Corporation STOCK 205638109 84 11458 SH Sole 11458 Comverse Technology, Inc. STOCK 205862402 525 34078 SH Sole 34078 ConAgra Foods, Inc. STOCK 205887102 6128 255854 SH Sole 255854 ConocoPhillips STOCK 20825C104 68760 902246 SH Sole 902246 CONSOL Energy Inc. STOCK 20854P109 7815 112957 SH Sole 112957 Consolidated Edison, Inc. STOCK 209115104 18497 465909 SH Sole 465909 Constellation Energy Group STOCK 210371100 371 4200 SH Sole 4200 Continental Airlines, Inc. STOCK 210795308 352 18324 SH Sole 18324 Continental Resources, Inc STOCK 212015101 431 13508 SH Sole 13508 Cooper Industries, Ltd. - Clas STOCK G24182100 3789 94376 SH Sole 94376 Cooper Tire & Rubber Company STOCK 216831107 5280 352709 SH Sole 352709 Corning Incorporated STOCK 219350105 23822 990920 SH Sole 990920 Corporate Executive Board Comp STOCK 21988R102 1619 39996 SH Sole 39996 Costco Wholesale Corporation STOCK 22160K105 1534 23608 SH Sole 23608 Countrywide Financial Corporat STOCK 222372104 632 114968 SH Sole 114968 Covanta Holding Corporation STOCK 22282E102 487 17700 SH Sole 17700 Coventry Health Care, Inc. STOCK 222862104 7604 188440 SH Sole 188440 Covidien Limited STOCK G2552X108 7426 167819 SH Sole 167819 Crosstex Energy, Inc. STOCK 22765Y104 1682 49530 SH Sole 49530 CSX Corporation STOCK 126408103 31051 553789 SH Sole 553789 Cummins, Inc. STOCK 231021106 5922 126477 SH Sole 126477 CVS/Caremark Corporation STOCK 126650100 31837 785910 SH Sole 785910 Cymer, Inc. STOCK 232572107 534 20525 SH Sole 20525 Cypress Semiconductor Corporat STOCK 232806109 1209 51221 SH Sole 51221 Dampskibsselskabet Torm- ADR STOCK 00208W109 428 14400 SH Sole 14400 Danaher Corporation STOCK 235851102 1284 16885 SH Sole 16885 DCT Industrial Trust Inc. STOCK 233153105 1851 185869 SH Sole 185869 Deere & Company STOCK 244199105 34178 424888 SH Sole 424888 Dell Inc. STOCK 24702R101 27794 1395278 SH Sole 1395278 Delta Petroleum STOCK 247907207 1397 61961 SH Sole 61961 Deluxe Corporation STOCK 248019101 9786 509407 SH Sole 509407 Developers Diversified Realty STOCK 251591103 1671 39904 SH Sole 39904 Devon Energy Corporation STOCK 25179M103 1259 12064 SH Sole 12064 Diageo PLC - ADR STOCK 25243Q205 980 12055 SH Sole 12055 Diamond Offshore Drilling, Inc STOCK 25271C102 27574 236888 SH Sole 236888 DIRECTV Group, Inc. STOCK 25459L106 647 26088 SH Sole 26088 Discover Financial Services STOCK 254709108 4273 261021 SH Sole 261021 DISH Network Corp. STOCK 25470M109 370 12869 SH Sole 12869 Dominion Resources, Inc. STOCK 25746U109 2114 51757 SH Sole 51757 Dover Corporation STOCK 260003108 225 5380 SH Sole 5380 Dow Chemical Company STOCK 260543103 35650 967425 SH Sole 967425 DPL Inc. STOCK 233293109 643 25065 SH Sole 25065 DST Systems, Inc. STOCK 233326107 6012 91455 SH Sole 91455 DTE Energy Company STOCK 233331107 202 5205 SH Sole 5205 Duke Energy Corporation STOCK 26441C105 26878 1505783 SH Sole 1505783 Duke Realty Corporation STOCK 264411505 5334 233833 SH Sole 233833 Dun & Bradstreet Corporation STOCK 26483E100 8297 101958 SH Sole 101958 Dynegy Inc. - Class A STOCK 26817G102 80 10090 SH Sole 10090 E*TRADE Financial Corporation STOCK 269246104 40 10400 SH Sole 10400 E. I. du Pont de Nemours and C STOCK 263534109 48044 1027454 SH Sole 1027454 Eagle Bulk Shipping Inc. STOCK Y2187A101 819 31790 SH Sole 31790 EarthLink, Inc. STOCK 270321102 1510 200021 SH Sole 200021 Eastman Chemical Company STOCK 277432100 15216 243658 SH Sole 243658 Eastman Kodak Company STOCK 277461109 6201 350952 SH Sole 350952 Eaton Corporation STOCK 278058102 6310 79207 SH Sole 79207 Eaton Vance Corp. STOCK 278265103 4777 156587 SH Sole 156587 eBay Inc. STOCK 278642103 30340 1016758 SH Sole 1016758 Edison International STOCK 281020107 382 7800 SH Sole 7800 Edwards Lifesciences Corporati STOCK 28176E108 259 5821 SH Sole 5821 El Paso Corporation STOCK 28336L109 368 22107 SH Sole 22107 Electronic Arts Inc. STOCK 285512109 728 14580 SH Sole 14580 Electronic Data Systems Corpor STOCK 285661104 5075 304830 SH Sole 304830 Eli Lilly and Company STOCK 532457108 37989 736368 SH Sole 736368 Embarq Corporation STOCK 29078E105 211 5267 SH Sole 5267 EMC Corporation STOCK 268648102 7378 514524 SH Sole 514524 Emerson Electric Co. STOCK 291011104 71647 1392287 SH Sole 1392287 Encana Corporation STOCK 292505104 307 4059 SH Sole 4059 Energy East Corporation STOCK 29266M109 3286 136221 SH Sole 136221 Eni SPA - ADR STOCK 26874R108 10875 159673 SH Sole 159673 ENSCO International Incorporat STOCK 26874Q100 9514 151938 SH Sole 151938 Entercom Communications Corp. STOCK 293639100 1499 150954 SH Sole 150954 Entergy Corporation STOCK 29364G103 834 7642 SH Sole 7642 EOG Resources, Inc. STOCK 26875P101 4584 38198 SH Sole 38198 Equitable Resources, Inc. STOCK 294549100 414 7026 SH Sole 7026 Equity Residential STOCK 29476L107 289 6960 SH Sole 6960 Estee Lauder Companies Inc. - STOCK 518439104 229 4999 SH Sole 4999 Ethan Allen Interiors Inc. STOCK 297602104 1936 68093 SH Sole 68093 ev3 Inc. STOCK 26928A200 309 38000 SH Sole 38000 Exelon Corporation STOCK 30161N101 6120 75310 SH Sole 75310 Expedia, Inc. STOCK 30212P105 281 12826 SH Sole 12826 Expeditors International of Wa STOCK 302130109 489 10821 SH Sole 10821 Express Scripts, Inc. STOCK 302182100 1264 19645 SH Sole 19645 Exxon Mobil Corporation STOCK 30231G102 329180 3891941 SH Sole 3891941 Fairchild Semiconductor Intern STOCK 303726103 509 42741 SH Sole 42741 Family Dollar Stores, Inc. STOCK 307000109 840 43100 SH Sole 43100 Fannie Mae STOCK 313586109 4328 164438 SH Sole 164438 Fastenal Company STOCK 311900104 458 9965 SH Sole 9965 Federated Investors, Inc. - Cl STOCK 314211103 1055 26936 SH Sole 26936 FedEx Corp. STOCK 31428X106 1156 12474 SH Sole 12474 Fidelity National Financial, I STOCK 31620R105 29948 1633828 SH Sole 1633828 Fidelity National Information STOCK 31620M106 8161 213983 SH Sole 213983 Fifth Third Bancorp STOCK 316773100 1830 87460 SH Sole 87460 First Horizon National Corpora STOCK 320517105 1533 109432 SH Sole 109432 First Industrial Realty Trust, STOCK 32054K103 3180 102939 SH Sole 102939 First Midwest Bancorp, Inc STOCK 320867104 2174 78270 SH Sole 78270 FirstEnergy Corp. STOCK 337932107 607 8841 SH Sole 8841 FirstMerit Corporation STOCK 337915102 3797 183782 SH Sole 183782 Fiserv, Inc. STOCK 337738108 230 4784 SH Sole 4784 Fluor Corporation STOCK 343412102 282 2000 SH Sole 2000 Foot Locker, Inc. STOCK 344849104 136 11587 SH Sole 11587 Ford Motor Company STOCK 345370860 2222 388495 SH Sole 388495 Forest Laboratories, Inc. STOCK 345838106 324 8086 SH Sole 8086 Fortune Brands, Inc. STOCK 349631101 255 3671 SH Sole 3671 FPL Group, Inc. STOCK 302571104 769 12253 SH Sole 12253 Franklin Resources, Inc. STOCK 354613101 695 7161 SH Sole 7161 Freddie Mac STOCK 313400301 3172 125296 SH Sole 125296 Freeport-McMoRan Copper & Gold STOCK 35671D857 2358 24504 SH Sole 24504 Frontline Limited STOCK G3682E127 1341 29143 SH Sole 29143 Furniture Brands International STOCK 360921100 1817 155300 SH Sole 155300 GameStop Corporation - Class A STOCK 36467W109 218 4218 SH Sole 4218 Gap, Inc. STOCK 364760108 8337 423628 SH Sole 423628 Garmin Ltd. STOCK G37260109 407 7539 SH Sole 7539 GateHouse Media STOCK 367348109 676 115674 SH Sole 115674 GATX Corporation STOCK 361448103 4452 113946 SH Sole 113946 Genentech, Inc. STOCK 368710406 17675 217731 SH Sole 217731 General Dynamics Corporation STOCK 369550108 1659 19894 SH Sole 19894 General Electric Company STOCK 369604103 244339 6601968 SH Sole 6601968 General Growth Properties, Inc STOCK 370021107 242 6330 SH Sole 6330 General Mills, Inc. STOCK 370334104 696 11630 SH Sole 11630 General Motors Corporation STOCK 370442105 3897 204551 SH Sole 204551 Gentex Corporation STOCK 371901109 3418 199306 SH Sole 199306 Genuine Parts Company STOCK 372460105 11603 288480 SH Sole 288480 Genworth Financial Inc. - Clas STOCK 37247D106 290 12789 SH Sole 12789 Genzyme Corporation STOCK 372917104 3246 43543 SH Sole 43543 Gerdau SA - ADR STOCK 373737105 3700 121050 SH Sole 121050 Gilead Sciences, Inc. STOCK 375558103 28347 550103 SH Sole 550103 GlaxoSmithKline PLC - ADR STOCK 37733W105 12061 284257 SH Sole 284257 Glimcher Realty Trust STOCK 379302102 536 44829 SH Sole 44829 Global Payments Inc. STOCK 37940X102 379 9156 SH Sole 9156 Goldman Sachs Group, Inc. STOCK 38141G104 44236 267462 SH Sole 267462 Goodrich Corporation STOCK 382388106 2942 51159 SH Sole 51159 Google Inc. - Class A STOCK 38259P508 89619 203463 SH Sole 203463 Graco Inc. STOCK 384109104 3110 85764 SH Sole 85764 Great Plains Energy Incorporat STOCK 391164100 17858 724482 SH Sole 724482 H. J. Heinz Company STOCK 423074103 615 13088 SH Sole 13088 Halliburton Company STOCK 406216101 37865 962745 SH Sole 962745 Harley-Davidson, Inc. STOCK 412822108 2326 62014 SH Sole 62014 Harris Corporation STOCK 413875105 4166 85837 SH Sole 85837 Hartford Financial Services Gr STOCK 416515104 10473 138216 SH Sole 138216 Hawaiian Electric Industries, STOCK 419870100 1681 70419 SH Sole 70419 Health Care REIT, Inc. STOCK 42217K106 3838 85040 SH Sole 85040 Healthcare Realty Trust, Inc. STOCK 421946104 4616 176527 SH Sole 176527 Henry Schein, Inc. STOCK 806407102 332 5788 SH Sole 5788 Hess Corporation STOCK 42809H107 1542 17489 SH Sole 17489 Hewlett-Packard Company STOCK 428236103 78924 1728517 SH Sole 1728517 Hill-Rom Holdings, Inc. STOCK 431475102 1829 38262 SH Sole 38262 Hologic, Inc. STOCK 436440101 465 8367 SH Sole 8367 Home Depot, Inc. STOCK 437076102 38585 1379521 SH Sole 1379521 Honeywell International Inc. STOCK 438516106 43787 776094 SH Sole 776094 Hospitality Properties Trust STOCK 44106M102 35849 1053760 SH Sole 1053760 Host Hotels & Resorts, Inc. STOCK 44107P104 242 15180 SH Sole 15180 HRPT Properties Trust STOCK 40426W101 1892 281100 SH Sole 281100 HSBC Holdings PLC - ADR STOCK 404280406 39541 480448 SH Sole 480448 HUANENG POWER INTL-SPONS ADR STOCK 443304100 327 10700 SH Sole 10700 Hubbell Incorporated - Class B STOCK 443510201 10694 244769 SH Sole 244769 Hudson City Bancorp, Inc. STOCK 443683107 489 27644 SH Sole 27644 Huntington Bancshares Incorpor STOCK 446150104 1664 154832 SH Sole 154832 IAC/InterActiveCorp STOCK 44919P300 2711 130589 SH Sole 130589 iBasis, Inc. STOCK 450732201 82 20000 SH Sole 20000 Illinois Tool Works Inc. STOCK 452308109 1444 29949 SH Sole 29949 IndyMac Bancorp, Inc. STOCK 456607100 775 156276 SH Sole 156276 Infosys Technologies Limited- STOCK 456788108 488 13647 SH Sole 13647 ING Groep NV - ADR STOCK 456837103 6826 182664 SH Sole 182664 Ingersoll-Rand Company Ltd. - STOCK G4776G101 8294 186054 SH Sole 186054 Integrated Device Technology, STOCK 458118106 453 50715 SH Sole 50715 Integrys Energy Group, Inc. STOCK 45822P105 18440 395373 SH Sole 395373 Intel Corporation STOCK 458140100 93175 4399217 SH Sole 4399217 Intercontinental Exchange Inc. STOCK 45865V100 215 1650 SH Sole 1650 International Business Machine STOCK 459200101 116467 1011521 SH Sole 1011521 International Game Technology STOCK 459902102 9870 245455 SH Sole 245455 International Paper Company STOCK 460146103 1171 43066 SH Sole 43066 Interpublic Group of Companies STOCK 460690100 92 10966 SH Sole 10966 Intersil Corporation - Class A STOCK 46069S109 1777 69222 SH Sole 69222 Intuit Inc. STOCK 461202103 253 9354 SH Sole 9354 Intuitive Surgical, Inc. STOCK 46120E602 1474 4543 SH Sole 4543 ITT Educational Services, Inc. STOCK 45068B109 734 15970 SH Sole 15970 ITT Industries, Inc. STOCK 450911102 237 4580 SH Sole 4580 J. C. Penney Company, Inc. STOCK 708160106 6306 167225 SH Sole 167225 Jacobs Engineering Group Inc STOCK 469814107 227 3087 SH Sole 3087 JDS Uniphase Corporation STOCK 46612J507 3754 280376 SH Sole 280376 Jefferies Group, Inc. STOCK 472319102 261 16194 SH Sole 16194 JetBlue Airways Corporation STOCK 477143101 121 20886 SH Sole 20886 Johnson & Johnson STOCK 478160104 134109 2067344 SH Sole 2067344 Johnson Controls, Inc. STOCK 478366107 576 17029 SH Sole 17029 Joy Global Inc. STOCK 481165108 1766 27107 SH Sole 27107 JPMorgan Chase & Co. STOCK 46625H100 91157 2122391 SH Sole 2122391 Juniper Networks, Inc. STOCK 48203R104 562 22468 SH Sole 22468 KB HOME STOCK 48666K109 1573 63588 SH Sole 63588 Kellogg Company STOCK 487836108 443 8433 SH Sole 8433 KeyCorp STOCK 493267108 209 9500 SH Sole 9500 Kimball International, Inc. - STOCK 494274103 145 13500 SH Sole 13500 Kimberly-Clark Corporation STOCK 494368103 16204 251029 SH Sole 251029 Kimco Realty Corp. STOCK 49446R109 227 5800 SH Sole 5800 Kinderd Healthcare, Inc STOCK 494580103 1830 83690 SH Sole 83690 KLA-Tencor Corporation STOCK 482480100 4502 121353 SH Sole 121353 Kohl's Corporation STOCK 500255104 962 22426 SH Sole 22426 Kraft Foods Inc. - Class A STOCK 50075N104 47499 1531743 SH Sole 1531743 Kroger Co. STOCK 501044101 2659 104698 SH Sole 104698 L-3 Communications Holdings, I STOCK 502424104 400 3656 SH Sole 3656 Laboratory Corporation of Amer STOCK 50540R409 217 2944 SH Sole 2944 Lam Research Corporation STOCK 512807108 409 10713 SH Sole 10713 Lamar Advertising Company STOCK 512815101 9541 265554 SH Sole 265554 Lan Airlines SA- ADR STOCK 501723100 1409 99805 SH Sole 99805 Legg Mason, Inc. STOCK 524901105 8829 157722 SH Sole 157722 Leggett & Platt, Incorporated STOCK 524660107 3302 216520 SH Sole 216520 Lehman Brothers Holdings Inc. STOCK 524908100 832 22099 SH Sole 22099 Lexington Realty Trust STOCK 529043101 8539 592604 SH Sole 592604 Liberty Global, Inc.-A STOCK 530555101 301 8822 SH Sole 8822 Liberty Media Corp STOCK 53071M500 878 38772 SH Sole 38772 Liberty Property Trust STOCK 531172104 8799 282826 SH Sole 282826 Limited Brands STOCK 532716107 9470 553799 SH Sole 553799 Lincare Holdings Inc. STOCK 532791100 4764 169493 SH Sole 169493 Lincoln National Corporation STOCK 534187109 22864 439683 SH Sole 439683 Linear Technology Corporation STOCK 535678106 10125 329923 SH Sole 329923 Lloyds TSB Group PLC - ADR STOCK 539439109 37272 1038211 SH Sole 1038211 Lockheed Martin Corporation STOCK 539830109 3663 36888 SH Sole 36888 Loews Corporation STOCK 540424108 485 12051 SH Sole 12051 Loews Corporation - Carolina G STOCK 540424207 12403 170955 SH Sole 170955 Longs Drug Stores Corporation STOCK 543162101 1456 34298 SH Sole 34298 Lowe's Companies, Inc. STOCK 548661107 14484 631368 SH Sole 631368 LSI Logic Corporation STOCK 502161102 710 143453 SH Sole 143453 Lubrizol Corporation STOCK 549271104 16308 293780 SH Sole 293780 Mack Cali Realty Corporation STOCK 554489104 4404 123326 SH Sole 123326 Macy's Inc. STOCK 55616P104 7700 333910 SH Sole 333910 Manpower Inc. STOCK 56418H100 4736 84173 SH Sole 84173 Marathon Oil Corporation STOCK 565849106 1774 38901 SH Sole 38901 Marriott International, Inc. - STOCK 571903202 407 11856 SH Sole 11856 Marsh & McLennan Companies, In STOCK 571748102 13611 558971 SH Sole 558971 Marvell Technology Group Ltd. STOCK G5876H105 960 88235 SH Sole 88235 Masco Corporation STOCK 574599106 696 35097 SH Sole 35097 MasterCard, Inc. STOCK 57636Q104 6202 27811 SH Sole 27811 Mattel, Inc. STOCK 577081102 22434 1127335 SH Sole 1127335 McAfee Inc. STOCK 579064106 3294 99543 SH Sole 99543 McDonald's Corporation STOCK 580135101 58339 1046071 SH Sole 1046071 McGraw-Hill Companies, Inc. STOCK 580645109 368 9965 SH Sole 9965 McKesson Corporation STOCK 58155Q103 392 7493 SH Sole 7493 MeadWestvaco Corporation STOCK 583334107 3757 138040 SH Sole 138040 Medco Health Solutions, Inc. STOCK 58405U102 14344 327564 SH Sole 327564 Medical Properties Trust Inc. STOCK 58463J304 195 17263 SH Sole 17263 Medtronic Inc. STOCK 585055106 31849 658444 SH Sole 658444 MEMC Electronic Materials, Inc STOCK 552715104 1645 23208 SH Sole 23208 Mentor Corporation STOCK 587188103 3026 117662 SH Sole 117662 Merck & Co., Inc. STOCK 589331107 78824 2077052 SH Sole 2077052 Mercury General Corporation STOCK 589400100 6309 142373 SH Sole 142373 Merrill Lynch & Co., Inc. STOCK 590188108 12435 305235 SH Sole 305235 MetLife, Inc. STOCK 59156R108 2730 45301 SH Sole 45301 Mettler-Toledo International I STOCK 592688105 470 4840 SH Sole 4840 MGM MIRAGE STOCK 552953101 299 5094 SH Sole 5094 Microchip Technology Incorpora STOCK 595017104 18030 550856 SH Sole 550856 Micron Technology, Inc. STOCK 595112103 136 22780 SH Sole 22780 Microsoft Corporation STOCK 594918104 171593 6046273 SH Sole 6046273 Mid Cap SPDRs UNIT SER 1 595635103 344 2435 SH Sole 2435 Midland Company STOCK 597486109 265 4087 SH Sole 4087 Mirant Corporation STOCK 60467R100 3855 105937 SH Sole 105937 Molson Coors Brewing Company - STOCK 60871R209 252 4789 SH Sole 4789 Monsanto Company STOCK 61166W101 17558 157474 SH Sole 157474 Monster Worldwide Inc. STOCK 611742107 471 19439 SH Sole 19439 Moody's Corporation STOCK 615369105 949 27258 SH Sole 27258 Morgan Stanley STOCK 617446448 30197 660773 SH Sole 660773 Motorola, Inc. STOCK 620076109 14521 1561348 SH Sole 1561348 Murphy Oil Corporation STOCK 626717102 353 4300 SH Sole 4300 Nabors Industries, Ltd. STOCK G6359F103 273 8093 SH Sole 8093 National City Corporation STOCK 635405103 1940 194943 SH Sole 194943 National Fuel Gas Company STOCK 636180101 15479 327867 SH Sole 327867 National Oilwell Varco Inc. STOCK 637071101 1574 26953 SH Sole 26953 National Semiconductor Corpora STOCK 637640103 6794 370864 SH Sole 370864 Nationwide Financial Services, STOCK 638612101 9733 205851 SH Sole 205851 Nationwide Health Properties, STOCK 638620104 24085 713641 SH Sole 713641 NAVTEQ Corporation STOCK 63936L100 5146 75683 SH Sole 75683 NetApp Inc STOCK 64110D104 2163 107861 SH Sole 107861 New York Community Bancorp, In STOCK 649445103 22206 1218783 SH Sole 1218783 New York Times Company - Class STOCK 650111107 3435 181964 SH Sole 181964 Newcastle Investment Corporati STOCK 65105M108 116 13997 SH Sole 13997 Newell Rubbermaid Inc. STOCK 651229106 17961 785353 SH Sole 785353 Newfield Exploration Company STOCK 651290108 234 4435 SH Sole 4435 Newmont Mining Corporation(Hol STOCK 651639106 498 11004 SH Sole 11004 News Corporation - Class A STOCK 65248E104 5067 270265 SH Sole 270265 NICOR Inc. STOCK 654086107 22145 660852 SH Sole 660852 NIKE, Inc. - Class B STOCK 654106103 867 12757 SH Sole 12757 NL Industries, Inc. STOCK 629156407 207 19000 SH Sole 19000 Noble Corporation STOCK G65422100 820 16514 SH Sole 16514 Noble Energy, Inc. STOCK 655044105 660 9065 SH Sole 9065 Nordstrom, Inc. STOCK 655664100 14360 440477 SH Sole 440477 Norfolk Southern Corporation STOCK 655844108 1537 28300 SH Sole 28300 Northern Trust Corporation STOCK 665859104 319 4800 SH Sole 4800 Northrop Grumman Corporation STOCK 666807102 4052 52077 SH Sole 52077 NorthWestern Corporation STOCK 668074305 774 31751 SH Sole 31751 Novartis AG - ADR STOCK 66987V109 548 10700 SH Sole 10700 Novellus Systems, Inc. STOCK 670008101 686 32605 SH Sole 32605 Nucor Corporation STOCK 670346105 10884 160672 SH Sole 160672 NVIDIA Corporation STOCK 67066G104 7972 402841 SH Sole 402841 NYSE Euronext STOCK 629491101 1002 16244 SH Sole 16244 Occidental Petroleum Corporati STOCK 674599105 40275 550427 SH Sole 550427 OfficeMax Inc. STOCK 67622P101 1290 67388 SH Sole 67388 OGE Energy Corp. STOCK 670837103 11306 362708 SH Sole 362708 Old National Bancorp STOCK 680033107 1637 90966 SH Sole 90966 Old Republic International Cor STOCK 680223104 1765 136718 SH Sole 136718 Olin Corporation STOCK 680665205 9868 499416 SH Sole 499416 Omnicom Group Inc. STOCK 681919106 11019 249420 SH Sole 249420 ONEOK, Inc. STOCK 682680103 14694 329238 SH Sole 329238 Openwave Systems Inc. STOCK 683718308 31 12812 SH Sole 12812 Oracle Corporation STOCK 68389X105 65111 3328765 SH Sole 3328765 PACCAR Inc. STOCK 693718108 802 17821 SH Sole 17821 Packaging Corporation of Ameri STOCK 695156109 19747 884320 SH Sole 884320 Parker-Hannifin Corporation STOCK 701094104 6111 88222 SH Sole 88222 Patterson-UTI Energy, Inc. STOCK 703481101 7796 297778 SH Sole 297778 Paychex, Inc. STOCK 704326107 14014 409042 SH Sole 409042 Peabody Energy Corporation STOCK 704549104 416 8155 SH Sole 8155 Pentair, Inc. STOCK 709631105 3352 105067 SH Sole 105067 People's United Financial Inc. STOCK 712704105 340 19654 SH Sole 19654 Pepco Holdings, Inc. STOCK 713291102 10306 416928 SH Sole 416928 PepsiCo, Inc. STOCK 713448108 56423 781479 SH Sole 781479 PetroChina Company Limited- AD STOCK 71646E100 747 5962 SH Sole 5962 Pfizer Inc. STOCK 717081103 102552 4899746 SH Sole 4899746 PG&E Corporation STOCK 69331C108 318 8650 SH Sole 8650 Pharmaceutical Product Develop STOCK 717124101 223 5326 SH Sole 5326 Phillip Morris International I STOCK 718172109 77105 1524417 SH Sole 1524417 Piedmont Natural Gas Company, STOCK 720186105 724 27580 SH Sole 27580 Pinnacle West Capital Corporat STOCK 723484101 925 26375 SH Sole 26375 Pioneer Natural Resources Comp STOCK 723787107 2716 55298 SH Sole 55298 Pitney Bowes Inc. STOCK 724479100 2141 61144 SH Sole 61144 Plantronics, Inc. STOCK 727493108 1121 58060 SH Sole 58060 PMC-Sierra, Inc. STOCK 69344F106 2191 384473 SH Sole 384473 PMI Group, Inc. STOCK 69344M101 87 14876 SH Sole 14876 PNC Financial Services Group, STOCK 693475105 964 14705 SH Sole 14705 Polaris Industries Inc. STOCK 731068102 4964 121043 SH Sole 121043 PPG Industries, Inc. STOCK 693506107 1255 20741 SH Sole 20741 PPL Corporation STOCK 69351T106 437 9517 SH Sole 9517 Praxair, Inc. STOCK 74005P104 939 11144 SH Sole 11144 Precision Castparts Corp. STOCK 740189105 421 4120 SH Sole 4120 Priceline.com Incorporated STOCK 741503403 955 7903 SH Sole 7903 Principal Financial Group, Inc STOCK 74251V102 485 8709 SH Sole 8709 Procter & Gamble Company STOCK 742718109 140163 2000325 SH Sole 2000325 Progress Energy, Inc. STOCK 743263105 17412 417548 SH Sole 417548 Progressive Corporation STOCK 743315103 292 18158 SH Sole 18158 ProLogis STOCK 743410102 344 5850 SH Sole 5850 Prudential Financial, Inc. STOCK 744320102 2217 28330 SH Sole 28330 Public Service Enterprise Grou STOCK 744573106 15637 389070 SH Sole 389070 Public Storage Inc. STOCK 74460D109 266 3000 SH Sole 3000 Qimonda AG- ADR STOCK 746904101 368 85400 SH Sole 85400 QUALCOMM Incorporated STOCK 747525103 68714 1675947 SH Sole 1675947 Quality Systems, Inc. STOCK 747582104 3782 126605 SH Sole 126605 Quest Diagnostics Incorporated STOCK 74834L100 211 4658 SH Sole 4658 Questar Corporation STOCK 748356102 323 5706 SH Sole 5706 Qwest Communications Internati STOCK 749121109 174 38360 SH Sole 38360 R. R. Donnelley & Sons Company STOCK 257867101 7215 238029 SH Sole 238029 RadioShack Corporation STOCK 750438103 1581 97294 SH Sole 97294 Raytheon Company STOCK 755111507 14982 231888 SH Sole 231888 Regal Entertainment Group - Cl STOCK 758766109 24101 1249378 SH Sole 1249378 Regions Financial Corporation STOCK 7591EP100 1613 81687 SH Sole 81687 Reinsurance Group of America, STOCK 759351109 392 7203 SH Sole 7203 Research In Motion Limited STOCK 760975102 23313 207726 SH Sole 207726 Resources Connection, Inc. STOCK 76122Q105 9632 539031 SH Sole 539031 Reynolds American Inc. STOCK 761713106 13895 235389 SH Sole 235389 Robert Half International Inc. STOCK 770323103 607 23598 SH Sole 23598 Rockwell Automation, Inc. STOCK 773903109 4654 81058 SH Sole 81058 Rockwell Collins STOCK 774341101 250 4367 SH Sole 4367 Roper Industries, Inc. STOCK 776696106 4298 72308 SH Sole 72308 Ross Stores, Inc. STOCK 778296103 5232 174644 SH Sole 174644 Royal Dutch Shell PLC-Class A- STOCK 780259206 14213 206046 SH Sole 206046 RPM International, Inc. STOCK 749685103 10799 515693 SH Sole 515693 SAFECO Corporation STOCK 786429100 225 5125 SH Sole 5125 Safeway Inc. STOCK 786514208 368 12530 SH Sole 12530 Salesforce.com Inc. STOCK 79466L302 613 10600 SH Sole 10600 SanDisk Corporation STOCK 80004C101 244 10829 SH Sole 10829 Sanofi-Synthelabo SA - ADR STOCK 80105N105 1703 45354 SH Sole 45354 SAP AG-ADR STOCK 803054204 2789 56273 SH Sole 56273 Sara Lee Corporation STOCK 803111103 12516 895278 SH Sole 895278 Satyam Computer Services - ADR STOCK 804098101 860 38088 SH Sole 38088 SCANA Corporation STOCK 80589M102 220 6017 SH Sole 6017 Schering-Plough Corporation STOCK 806605101 10010 694629 SH Sole 694629 Schlumberger Limited STOCK 806857108 63875 734192 SH Sole 734192 Sears Holding Corporation STOCK 812350106 7378 72265 SH Sole 72265 Sempra Energy STOCK 816851109 351 6580 SH Sole 6580 Senior Housing Properties Trus STOCK 81721M109 8340 351903 SH Sole 351903 Service Corporation Internatio STOCK 817565104 355 35000 SH Sole 35000 Sherwin-Williams Company STOCK 824348106 508 9950 SH Sole 9950 Ship Finance International LTD STOCK G81075106 1004 38185 SH Sole 38185 Siemens AG - ADR STOCK 826197501 690 6332 SH Sole 6332 Sigma-Aldrich Corporation STOCK 826552101 233 3904 SH Sole 3904 Simon Property Group, Inc. STOCK 828806109 621 6680 SH Sole 6680 Sirius Satellite Radio Inc. STOCK 82966U103 1024 358105 SH Sole 358105 SLM Corporation STOCK 78442P106 502 32684 SH Sole 32684 Smith International, Inc. STOCK 832110100 14821 230745 SH Sole 230745 Snap-on Incorporated STOCK 833034101 4901 96382 SH Sole 96382 Sohu.com Inc. STOCK 83408W103 220 4878 SH Sole 4878 Sonoco Products Company STOCK 835495102 16197 565734 SH Sole 565734 Southern Company STOCK 842587107 2033 57094 SH Sole 57094 Southern Copper Corporation STOCK 84265V105 61722 594449 SH Sole 594449 Southwest Airlines Co. STOCK 844741108 906 73047 SH Sole 73047 SPDR TR UNIT SER 1 78462F103 16592 125729 SH Sole 125729 Spectra Energy Corporation STOCK 847560109 811 35638 SH Sole 35638 Sprint Nextel Corporation STOCK 852061100 950 141958 SH Sole 141958 SPX Corporation STOCK 784635104 40527 386343 SH Sole 386343 St. Jude Medical, Inc. STOCK 790849103 1241 28729 SH Sole 28729 Standard Register Company STOCK 853887107 483 62017 SH Sole 62017 Stanley Works STOCK 854616109 10746 225668 SH Sole 225668 Staples, Inc. STOCK 855030102 5746 259897 SH Sole 259897 Starbucks Corporation STOCK 855244109 2716 155207 SH Sole 155207 Starwood Hotels & Resorts Worl STOCK 85590A401 10988 212335 SH Sole 212335 State Street Corporation STOCK 857477103 941 11906 SH Sole 11906 StatoilHydro ASA- ADR STOCK 85771P102 5254 175890 SH Sole 175890 Steel Dynamics, Inc. STOCK 858119100 418 12654 SH Sole 12654 Stryker Corporation STOCK 863667101 477 7328 SH Sole 7328 Sun Communities Inc. STOCK 866674104 230 11215 SH Sole 11215 Sun Microsystems, Inc. STOCK 866810203 1807 116356 SH Sole 116356 Suncor Energy, Inc STOCK 867229106 323 3357 SH Sole 3357 SunTrust Banks, Inc. STOCK 867914103 604 10957 SH Sole 10957 Supervalu, Inc. STOCK 868536103 6681 222865 SH Sole 222865 Symantec Corporation STOCK 871503108 7956 478723 SH Sole 478723 SYSCO Corporation STOCK 871829107 526 18140 SH Sole 18140 T. Rowe Price Group Inc. STOCK 74144T108 452 9048 SH Sole 9048 Taiwan Semiconductor Manufactu STOCK 874039100 8670 844162 SH Sole 844162 Talbots, Inc. STOCK 874161102 177 16408 SH Sole 16408 Target Corporation STOCK 87612E106 7490 147787 SH Sole 147787 TD Ameritrade Holding Corporat STOCK 87236Y108 208 12623 SH Sole 12623 Tellabs, Inc. STOCK 879664100 63 11472 SH Sole 11472 Tenet Healthcare Corporation STOCK 88033G100 534 94325 SH Sole 94325 Tesoro Petroleum Corporation STOCK 881609101 1157 38568 SH Sole 38568 Tessera Technologies, Inc. STOCK 88164L100 304 14627 SH Sole 14627 Teva Pharmaceutical Industries STOCK 881624209 10809 234007 SH Sole 234007 Texas Instruments Incorporated STOCK 882508104 32073 1134538 SH Sole 1134538 Textron Inc. STOCK 883203101 405 7310 SH Sole 7310 Thermo Electron Corporation STOCK 883556102 593 10436 SH Sole 10436 Tidewater Inc. STOCK 886423102 19764 358627 SH Sole 358627 Tiffany & Co. STOCK 886547108 3257 77834 SH Sole 77834 Tim Hortons, Inc. STOCK 88706M103 4351 127770 SH Sole 127770 Time Warner Inc. STOCK 887317105 22570 1609821 SH Sole 1609821 Timken Company STOCK 887389104 5357 180256 SH Sole 180256 TJX Companies, Inc. STOCK 872540109 8266 249964 SH Sole 249964 Toronto-Dominion Bank STOCK 891160509 3952 64424 SH Sole 64424 Total SA - ADR STOCK 89151E109 1032 13950 SH Sole 13950 Toyota Motor Corporation - ADR STOCK 892331307 607 6015 SH Sole 6015 Trane Inc STOCK 892893108 1600 34853 SH Sole 34853 Transocean Inc. STOCK G90073100 2219 16413 SH Sole 16413 Travelers Companies, Inc. STOCK 89417E109 25452 531909 SH Sole 531909 TrustCo Bank Corp NY STOCK 898349105 365 41083 SH Sole 41083 Tupperware Corporation STOCK 899896104 22379 578576 SH Sole 578576 Tyco Electronics Ltd STOCK G9144P105 5796 168870 SH Sole 168870 Tyco International Ltd. STOCK G9143X208 9126 207182 SH Sole 207182 U. S. Bancorp STOCK 902973304 61476 1899751 SH Sole 1899751 Union Pacific Corporation STOCK 907818108 3498 27900 SH Sole 27900 UnionBanCal Corporation STOCK 908906100 535 10896 SH Sole 10896 United Online, Inc. STOCK 911268100 4912 465108 SH Sole 465108 United Parcel Service, Inc. - STOCK 911312106 62644 857900 SH Sole 857900 United States Steel Corporatio STOCK 912909108 385 3031 SH Sole 3031 United Technologies Corporatio STOCK 913017109 52816 767446 SH Sole 767446 UnitedHealth Group Incorporate STOCK 91324P102 29246 851177 SH Sole 851177 Unitrin, Inc. STOCK 913275103 11637 329286 SH Sole 329286 Universal Health Services, Inc STOCK 913903100 7292 135813 SH Sole 135813 Urban Outfitters, Inc. STOCK 917047102 5180 165223 SH Sole 165223 USA Mobility, Inc. STOCK 90341G103 219 30701 SH Sole 30701 USEC Inc. STOCK 90333E108 52 14010 SH Sole 14010 UST Inc. STOCK 902911106 1809 33188 SH Sole 33188 U-Store-It STOCK 91274F104 3437 303356 SH Sole 303356 Valero Energy Corporation STOCK 91913Y100 1299 26455 SH Sole 26455 ValueClick, Inc. STOCK 92046N102 202 11732 SH Sole 11732 Varian Semiconductor Equipment STOCK 922207105 1010 35891 SH Sole 35891 Vector Group Ltd. STOCK 92240M108 6213 353213 SH Sole 353213 VeriSign, Inc. STOCK 92343E102 8345 251060 SH Sole 251060 Verizon Communications Inc. STOCK 92343V104 67427 1849859 SH Sole 1849859 VF Corporation STOCK 918204108 3802 49046 SH Sole 49046 Viacom Inc. - Class B STOCK 92553P201 3043 76800 SH Sole 76800 Vodafone Group Plc - ADR STOCK 92857W209 2260 76597 SH Sole 76597 Vornado Realty Trust SBI STOCK 929042109 302 3505 SH Sole 3505 W. W. Grainger, Inc. STOCK 384802104 335 4390 SH Sole 4390 W.R. Berkley Corporation STOCK 084423102 289 10428 SH Sole 10428 Wachovia Corporation STOCK 929903102 41030 1519630 SH Sole 1519630 Waddell & Reed Financial, Inc. STOCK 930059100 18483 575249 SH Sole 575249 Walgreen Co. STOCK 931422109 2579 67712 SH Sole 67712 Wal-Mart Stores, Inc. STOCK 931142103 75033 1424314 SH Sole 1424314 Walt Disney Company STOCK 254687106 30768 980494 SH Sole 980494 Warner Music Group Corp STOCK 934550104 794 159513 SH Sole 159513 Washington Federal, Inc. STOCK 938824109 266 11633 SH Sole 11633 Washington Mutual, Inc. STOCK 939322103 2456 238444 SH Sole 238444 Waste Management, Inc. STOCK 94106L109 18447 549669 SH Sole 549669 Weatherford International Ltd. STOCK G95089101 669 9225 SH Sole 9225 WellPoint, Inc. STOCK 94973V107 16227 367717 SH Sole 367717 Wells Fargo & Company STOCK 949746101 86106 2958971 SH Sole 2958971 Wendy's International, Inc. STOCK 950590109 2317 100470 SH Sole 100470 Western Union Company STOCK 959802109 4218 198290 SH Sole 198290 Weyerhaeuser Company STOCK 962166104 5669 87163 SH Sole 87163 WGL Holdings Inc. STOCK 92924F106 2290 71427 SH Sole 71427 Whirlpool Corporation STOCK 963320106 18085 208397 SH Sole 208397 Whole Foods Market, Inc. STOCK 966837106 886 26875 SH Sole 26875 Williams Companies, Inc. STOCK 969457100 641 19438 SH Sole 19438 Windstream Corporation STOCK 97381W104 475 39734 SH Sole 39734 Wm. Wrigley Jr. Company STOCK 982526105 439 6982 SH Sole 6982 World Wrestling Entertainment, STOCK 98156Q108 1103 59243 SH Sole 59243 Worthington Industries, Inc. STOCK 981811102 4462 264489 SH Sole 264489 Wyeth STOCK 983024100 36700 878836 SH Sole 878836 Wynn Resorts, Limited STOCK 983134107 1732 17213 SH Sole 17213 Xcel Energy, Inc. STOCK 98389B100 220 11030 SH Sole 11030 Xerox Corporation STOCK 984121103 491 32829 SH Sole 32829 Xilinx, Inc. STOCK 983919101 10389 437426 SH Sole 437426 XL Capital Ltd. - Class A STOCK G98255105 1842 62347 SH Sole 62347 XM Satellite Radio Holdings In STOCK 983759101 1844 158711 SH Sole 158711 XTO Energy, Inc. STOCK 98385X106 3691 59664 SH Sole 59664 Yahoo! Inc. STOCK 984332106 14087 486936 SH Sole 486936 Yum! Brands, Inc. STOCK 988498101 652 17527 SH Sole 17527 Zenith National Insurance Corp STOCK 989390109 2687 74941 SH Sole 74941 Zimmer Holdings, Inc. STOCK 98956P102 1421 18257 SH Sole 18257