<SEC-DOCUMENT>0000002230-17-000044.txt : 20171023
<SEC-HEADER>0000002230-17-000044.hdr.sgml : 20171023
<ACCEPTANCE-DATETIME>20171023122634
ACCESSION NUMBER:		0000002230-17-000044
CONFORMED SUBMISSION TYPE:	N-Q
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170930
FILED AS OF DATE:		20171023
DATE AS OF CHANGE:		20171023
EFFECTIVENESS DATE:		20171023

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ADAMS NATURAL RESOURCES FUND, INC.
		CENTRAL INDEX KEY:			0000216851
		IRS NUMBER:				135506797
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-Q
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-02736
		FILM NUMBER:		171148672

	BUSINESS ADDRESS:	
		STREET 1:		500 EAST PRATT STREET
		STREET 2:		SUITE 1300
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21202
		BUSINESS PHONE:		4107525900

	MAIL ADDRESS:	
		STREET 1:		500 EAST PRATT STREET
		STREET 2:		SUITE 1300
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ADAMS NATURAL RESOURCES FUND
		DATE OF NAME CHANGE:	20150331

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PETROLEUM & RESOURCES CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-Q
<SEQUENCE>1
<FILENAME>adxnq09302017.htm
<TEXT>
<HTML>
<HEAD>
<TITLE>ADAMS DIVERSIFIED EQUITY FUND, INC. - FORM N-Q - SEPTEMBER 30, 2017</TITLE>
</HEAD>

<BODY>

<FONT FACE="Times New Roman"><P ALIGN="CENTER"><strong>FORM N-Q</strong></P>

<P>&nbsp;</P>

<P>&nbsp;</P>

<P ALIGN="CENTER"><strong>QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS
OF REGISTERED MANAGEMENT INVESTMENT COMPANY<BR></strong>



<P ALIGN="CENTER"><strong>Investment Company Act file number: 811-00248</strong><BR>
-------------------------------------------------------------------------</P>

<P>&nbsp;</P>
<P ALIGN="CENTER"><strong>ADAMS DIVERSIFIED EQUITY FUND, INC.</strong><BR>
  -------------------------------------------------------------------------<BR>
(Exact name of registrant as specified in charter)</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P ALIGN="CENTER"><strong>500 East Pratt Street, Suite 1300, Baltimore, Maryland 21202</strong><BR>
  -------------------------------------------------------------------------<BR>
(Address of principal executive offices)</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P ALIGN="CENTER"><strong>Lawrence L. Hooper, Jr.<BR>
Adams Diversified Equity Fund, Inc.<BR>
500 East Pratt Street, Suite 1300<BR>
Baltimore, Maryland  21202</strong><BR>
-------------------------------------------------------------------------<BR>
(Name and address of agent for service)</P>

<P>&nbsp;</P>
<P>&nbsp;</P>

<P><strong>Registrant's telephone number, including area code:</strong> (410) 752-5900<BR>
  <strong>Date of fiscal year end</strong>: December 31<BR>
<strong>Date of reporting period:</strong> September 30, 2017</P>
<P><strong>Item 1.  Schedule of Investments.
</strong></P>
<TR>
  <center>
    <HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
    <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>S<SMALL>CHEDULE</SMALL> <SMALL>OF</SMALL> I<SMALL>NVESTMENTS</SMALL></B></FONT></P>
    <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #d13239">&nbsp;</P>
    <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><I>September 30, 2017 (unaudited) </I></FONT></P>
    <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
    <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">
      <TR>
        <TD WIDTH="75%"></TD>
        <TD VALIGN="bottom" WIDTH="3%"></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD VALIGN="bottom" WIDTH="3%"></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Shares/Principal</B></FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Value&nbsp;(A)</B></FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="4"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#d13239"><B>Common Stocks&nbsp;&#151;&nbsp;98.7%</B></FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#d13239"><B>&nbsp;</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="8"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Consumer Discretionary&nbsp;&#151;&nbsp;11.7%</B></FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Amazon.com, Inc. (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">44,100</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">42,395,535</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Comcast Corp. (Class A)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,009,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">38,826,320</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Dollar General Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">149,637</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">12,128,079</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Home Depot, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">177,400</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">29,015,544</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Lowe&#146;s Companies, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">298,400</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">23,854,096</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Magna International Inc. (F)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">252,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,451,760</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Priceline Group Inc. (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10,300</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">18,857,446</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Starbucks Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">251,300</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,497,323</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Walt Disney Co.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">117,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,532,690</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">203,558,793</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Consumer Staples&nbsp;&#151;&nbsp;8.4%</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Altria Group, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT><BR></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">273,300</FONT><BR></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT><BR></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">17,332,686</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Coca-Cola Co.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">186,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,371,860</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Costco Wholesale Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">45,200</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,425,908</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">CVS Health Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">247,400</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">20,118,568</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">PepsiCo, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">230,400</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">25,673,472</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Philip Morris International Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">295,300</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">32,781,253</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Procter &amp; Gamble Co.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">131,850</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,995,713</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Walmart Stores, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">292,400</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">22,848,136</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">146,547,596</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Energy&nbsp;&#151;&nbsp;6.5%</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Adams Natural Resources Fund, Inc. (C)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,186,774</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">42,970,109</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Andeavor </FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">68,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,014,200</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Concho Resources Inc. (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">72,900</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,602,388</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Exxon Mobil Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">358,300</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">29,373,434</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Halliburton Co.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">354,400</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">16,313,032</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pioneer Natural Resources Co. </FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">57,800</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,527,812</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">113,800,975</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Financials&nbsp;&#151;&nbsp;14.7%</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">American Express Co.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">378,300</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">34,221,018</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Bank of America Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,371,600</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">34,756,344</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Berkshire Hathaway Inc. (Class B) (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">65,900</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">12,080,788</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">BlackRock, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">41,400</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">18,509,526</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Chubb Ltd.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">78,800</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,232,940</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Citigroup Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">345,600</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">25,138,944</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Intercontinental Exchange, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">379,900</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">26,099,130</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">JPMorgan Chase&nbsp;&amp; Co.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">178,200</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">17,019,882</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Prudential Financial, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">129,400</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,757,808</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Signature Bank (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">92,800</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,882,112</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">SunTrust Banks, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">378,100</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">22,599,037</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Wells Fargo&nbsp;&amp; Co.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">518,200</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">28,578,730</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">255,876,259</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR>
        <TD WIDTH="75%"></TD>
        <TD VALIGN="bottom" WIDTH="3%"></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD VALIGN="bottom" WIDTH="3%"></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Health Care&nbsp;&#151;&nbsp;13.7%</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">AbbVie, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">380,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">33,766,800</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Aetna Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">183,900</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">29,241,939</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Alexion Pharmaceuticals, Inc. (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">73,400</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10,297,286</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Allergan plc</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">107,096</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">21,949,325</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Amgen Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">113,300</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">21,124,785</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Becton, Dickinson and Co. (F)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">63,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">12,344,850</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Johnson &amp; Johnson</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">241,900</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">31,449,419</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">McKesson Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">100,900</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">15,499,249</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pfizer Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">702,940</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">25,094,958</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Thermo Fisher Scientific Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">145,400</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">27,509,680</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Waters Corp. (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">62,200</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,166,144</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">239,444,435</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Industrials&nbsp;&#151;&nbsp;10.3%</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Boeing Co.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">114,700</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">29,157,887</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Cummins Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">136,100</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">22,868,883</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Delta Air Lines, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">282,200</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,607,684</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Fortive Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">279,700</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">19,799,963</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">General Electric Co.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">510,600</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">12,346,308</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Honeywell International Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">193,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">27,355,820</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Industrial Select Sector SPDR Fund (F)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">143,900</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10,216,900</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Parker-Hannifin Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">103,400</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">18,097,068</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Union Pacific Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">219,500</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">25,455,415</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">178,905,928</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="4"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Information Technology&nbsp;&#151;&nbsp;23.3%</B></FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Adobe Systems Inc. (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">117,200</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">17,483,896</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Alphabet Inc. (Class A) (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">30,900</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">30,087,948</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Alphabet Inc. (Class C) (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">29,597</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">28,386,779</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Apple Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">480,500</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">74,054,660</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Broadcom Ltd.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">78,900</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">19,136,406</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Cisco Systems, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">271,900</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,143,997</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Cognizant Technology Solutions Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">200,100</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">14,515,254</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">DXC Technology Co.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">143,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">12,280,840</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Facebook, Inc. (Class A) (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">272,800</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">46,613,336</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Lam Research Corp. (F)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">84,300</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">15,598,872</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">MasterCard, Inc. (Class A)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">147,700</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">20,855,240</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Microsoft Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">836,800</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">62,333,232</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Oracle Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">122,200</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,908,370</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">salesforce.com, inc. (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">181,200</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">16,927,704</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Visa Inc. (Class A) (F)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">322,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">33,887,280</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">407,213,814</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Materials&nbsp;&#151;&nbsp;2.2%</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Albemarle Corp. (F)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">76,300</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10,400,453</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">DowDuPont Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">208,300</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">14,420,609</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">LyondellBasell&nbsp;Industries N.V.&nbsp;(Class&nbsp;A)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">136,200</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,490,610</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">38,311,672</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="4"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Real Estate&nbsp;&#151;&nbsp;3.6%</B></FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">American Tower Corp.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">85,900</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,740,812</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">AvalonBay Communities, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">53,800</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,598,996</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Prologis, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">351,600</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">22,312,536</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">SBA Communications Corp. (Class A) (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">46,800</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,741,540</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Simon Property Group, Inc. </FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">77,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">12,397,770</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">62,791,654</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="4"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Telecommunication Services&nbsp;&#151;&nbsp;1.4%</B></FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">AT&amp;T Inc. (F)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">262,200</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10,270,374</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">T-Mobile US, Inc. (B)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">98,200</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">6,055,012</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Verizon Communications Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">171,600</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8,492,484</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">24,817,870</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR>
        <TD WIDTH="75%"></TD>
        <TD VALIGN="bottom" WIDTH="3%"></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD VALIGN="bottom" WIDTH="3%"></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Utilities&nbsp;&#151;&nbsp;2.9%</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">CenterPoint Energy, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">401,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,713,210</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Edison International</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">130,300</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10,055,251</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">NextEra Energy, Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">111,800</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">16,384,290</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Public Services Enterprise Group Inc.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">249,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">11,516,250</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">49,669,001</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="4"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Total&nbsp;Common Stocks</B><B></B></FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B></B><B>&nbsp;</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="4"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">(Cost&nbsp;$1,178,428,992)</FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,720,937,997</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="4"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#d13239"><B>Other Investments&nbsp;&#151;&nbsp;0.1%</B></FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#d13239"><B>&nbsp;</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="4"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Financials&nbsp;&#151;&nbsp;0.1%</B></FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Adams Funds Advisers, LLC (B) (D)<BR>
          (Cost $150,000)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,469,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="4"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#d13239"><B>Short-Term Investments&nbsp;&#151;&nbsp;1.1%</B></FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#d13239"><B>&nbsp;</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="4"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Money Market Funds&nbsp;&#151;&nbsp;1.1%</B></FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Fidelity Institutional Money Market &#150; Money Market Portfolio (Institutional&nbsp;Class), 1.22% (E)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,000,000</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">13,008,614</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Northern Institutional Treasury Portfolio, 0.91% (E)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,076,257</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT><BR></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">7,076,257</FONT><BR></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT><BR></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Total Short-Term Investments</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">(Cost $20,076,257)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">20,084,871</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#d13239"><B>Securities Lending Collateral&nbsp;&#151;&nbsp;2.9%</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="4"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Money Market Funds&nbsp;&#151;&nbsp;0.1%</B></FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Northern Institutional Funds Liquid Assets Portfolio, 1.04%&nbsp;(E)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,594,512</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT><BR></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,594,512</FONT><BR></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT><BR></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>U.S. Government Obligations&nbsp;&#151;&nbsp;2.8%</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">U.S. Inflation Indexed Notes, <FONT STYLE="white-space:nowrap">0.13-5.77%,</FONT> 4/15/18-2/15/47</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">591,008</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">643,361</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">U.S. Treasury Bills, 0.0%, 10/12/17-7/19/18</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,305,749</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,297,573</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">U.S. Treasury Bonds, 1.50-8.13%, 5/15/19-11/15/46</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,922,696</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10,824,961</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">U.S. Treasury Notes, 0.63-4.25%, <FONT STYLE="white-space:nowrap">10/15/17-11/15/40</FONT></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">32,791,917</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">32,940,072</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">U.S. Treasury Strips, 0.0%, 11/15/25</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">4,229</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3,502</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">48,709,469</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Total Securities Lending Collateral</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">(Cost $50,303,981)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">50,303,981</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Total&nbsp;&#151;&nbsp;102.8%</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">(Cost $1,248,959,230)</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,792,795,849</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="5"></TD>
        <TD HEIGHT="5" COLSPAN="4"></TD>
        <TD HEIGHT="5" COLSPAN="4"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2">Other Assets Less Liabilities&nbsp;&#151;&nbsp;<B>(2.8)%</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(48,339,211</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Net Assets&nbsp;&#151;&nbsp;100.0%</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,744,456,638</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:3px double #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:3px double #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
    </TABLE>
    <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT>    </P>
    <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
    <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">
      <TR>
        <TD WIDTH="36%"></TD>
        <TD VALIGN="bottom"></TD>
        <TD></TD>
        <TD></TD>
        <TD VALIGN="bottom" WIDTH="2%"></TD>
        <TD VALIGN="bottom" WIDTH="1%"></TD>
        <TD WIDTH="16%"></TD>
        <TD VALIGN="bottom" WIDTH="1%"></TD>
        <TD></TD>
        <TD></TD>
        <TD VALIGN="bottom" WIDTH="1%"></TD>
        <TD VALIGN="bottom" WIDTH="2%"></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD VALIGN="bottom"></TD>
        <TD></TD>
        <TD></TD>
        <TD VALIGN="bottom" WIDTH="2%"></TD>
        <TD VALIGN="bottom" WIDTH="2%"></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="7"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="2" COLOR="#d13239"><B>Total Return Swap Agreements &#151; 0.1%</B></FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="8" COLSPAN="7"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="bottom" COLSPAN="7" NOWRAP ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Description</B></FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Termination<BR>
          Date</B></FONT></P></TD>
        <TD VALIGN="bottom" ROWSPAN="2" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Notional<BR>
          Amount</B></FONT></P></TD>
        <TD VALIGN="bottom" ROWSPAN="2" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Value and<BR>
          Unrealized<BR>
          Appreciation<BR>
          (Assets)</B></FONT></TD>
        <TD VALIGN="bottom" ROWSPAN="2" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Value and<BR>
          Unrealized<BR>
          Depreciation<BR>
          (Liabilities)</B></FONT></TD>
        <TD VALIGN="bottom" ROWSPAN="2"><FONT SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="bottom" NOWRAP STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Terms</B></FONT></TD>
        <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Contract<BR>
          Type</B></FONT></TD>
        <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="1"><B>Underlying<BR>
          Security</B></FONT></TD>
        <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Receive total return on underlying security and pay financing amount based on notional amount and daily U.S. Federal Funds rate plus
          0.55%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Long</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Berkshire Hathaway Inc. Class&nbsp;B (96,000 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3/7/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">15,735,946</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,704,445</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="8"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="2"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pay total return on underlying security and receive financing amount based on notional amount and daily U.S. Federal Funds rate less
          0.45%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Short</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Financial Select Sector SPDR Fund (664,400 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">3/7/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(15,712,994</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(1,220,722</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="16"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="2"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Receive total return on underlying security and pay financing amount based on notional amount and daily U.S. Federal Funds rate plus
          0.55%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Long</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Costco Wholesale Corp. (79,400 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8/2/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">12,266,641</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">775,822</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="8"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="2"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pay total return on underlying security and receive financing amount based on notional amount and daily U.S. Federal Funds rate less
          0.46%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Short</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Consumer Staples Select Sector SPDR Fund (220,400 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8/2/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(12,190,836</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">190,021</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="16"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="2"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Receive total return on underlying security and pay financing amount based on notional amount and daily U.S. Federal Funds rate plus
          0.55%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Long</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Anadarko Petroleum Corp. (210,600 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8/31/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9,831,924</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">436,625</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="8"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="2"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pay total return on underlying security and receive financing amount based on notional amount and daily U.S. Federal Funds rate less
          0.51%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Short</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Energy Select Sector SPDR Fund (136,800 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">8/31/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(9,049,005</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(427,031</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>

      <TR STYLE="font-size:1pt">
        <TD HEIGHT="16"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="2"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Receive total return on underlying security and pay financing amount based on notional amount and daily U.S. Federal Funds rate plus
          0.55%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Long</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Affiliated Managers Group, Inc. (28,800 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9/18/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top">&nbsp;</TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,145,777</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top">&nbsp;</TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">309,608</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top">&nbsp;</TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="8"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="2"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Receive total return on underlying security and pay financing amount based on notional amount and daily U.S. Federal Funds rate plus
          0.55%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Long</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Eaton Vance Corp. (106,700 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9/18/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,159,190</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">96,839</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="8"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="2"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pay total return on underlying security and receive financing amount based on notional amount and daily U.S. Federal Funds rate less
          0.45%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Short</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Financial Select Sector SPDR Fund (407,700 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">9/18/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(10,210,113</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(749,079</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="16"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="2"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Receive total return on underlying security and pay financing amount based on notional amount and daily U.S. Federal Funds rate plus
          0.55%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Long</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">The TJX Companies, Inc. (236,800 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10/4/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">17,112,068</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">324,480</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="8"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="2"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pay total return on underlying security and receive financing amount based on notional amount and daily U.S. Federal Funds rate less
          0.41%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Short</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Consumer Discretionary Select SPDR Fund (142,800 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10/4/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(12,796,451</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(104,943</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="8"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="2"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pay total return on underlying security and pay financing amount based on notional amount and daily U.S. Federal Funds rate less
          2.91%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Short</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">SPDR S&amp;P Retail ETF (108,900 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10/4/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(4,259,841</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(314,562</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="16"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="2"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Receive total return on underlying security and pay financing amount based on notional amount and daily U.S. Federal Funds rate plus
          0.55%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Long</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Centene Corp. (143,200 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10/9/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">12,686,331</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">1,155,024</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="8"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="2"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pay total return on underlying security and receive financing amount based on notional amount and daily U.S. Federal Funds rate less
          0.41%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Short</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Health Care Select Sector SPDR Fund (157,000 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10/9/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(12,676,007</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(91,284</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>

      <TR STYLE="font-size:1pt">
        <TD HEIGHT="16"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="2"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Receive total return on underlying security and pay financing amount based on notional amount and daily U.S. Federal Funds rate plus
          0.55%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Long</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Mondelez International Inc. (319,500 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10/24/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top">&nbsp;</TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">12,945,150</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top">&nbsp;</TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">108,632</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top">&nbsp;</TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="8"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="2"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pay total return on underlying security and receive financing amount based on notional amount and daily U.S. Federal Funds rate less
          0.41%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Short</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Consumer Staples Select Sector SPDR Fund (235,200 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10/24/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(12,852,151</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">202,781</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="16"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="2"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
        <TD HEIGHT="16" COLSPAN="4"></TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Receive total return on underlying security and pay financing amount based on notional amount and daily U.S. Federal Funds rate plus
          0.55%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Long</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Celgene Corp. (181,800 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10/26/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">26,155,748</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">344,389</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1pt">
        <TD HEIGHT="8"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="2"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
        <TD HEIGHT="8" COLSPAN="4"></TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Pay total return on underlying security and receive financing amount based on notional amount and daily U.S. Federal Funds rate less
          0.41%.</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">Short</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Health&nbsp;Care Select Sector SPDR Fund (321,300 shares)</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">10/26/18</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(26,173,741</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD NOWRAP VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">&#151;</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(186,813</FONT></TD>
        <TD NOWRAP VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="14"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Gross unrealized gain/(loss) on open total return swap agreements</FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">5,648,666</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">(3,094,434</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">)&nbsp;</FONT></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:1px solid #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
      </TR>
      <TR STYLE="page-break-inside:avoid">
        <TD VALIGN="top" COLSPAN="14"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">Net unrealized gain on open total return swap agreements (G)</FONT></P></TD>
        <TD VALIGN="top"><P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></P></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">$</FONT></TD>
        <TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="1">2,554,232</FONT></TD>
        <TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:ARIAL" SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
      <TR STYLE="font-size:1px">
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"><P STYLE="border-top:3px double #000000">&nbsp;</P></TD>
        <TD VALIGN="bottom"><P STYLE="border-top:3px double #000000">&nbsp;</P></TD>
        <TD>&nbsp;</TD>
        <TD VALIGN="bottom">&nbsp;</TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
        <TD VALIGN="bottom"></TD>
      </TR>
    </TABLE>
    <P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
    <P align="left" STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="1">Notes: </FONT></P>
    <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
      <TR style = "page-break-inside:avoid">
        <TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(A)</FONT></TD>
        <TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Common stocks are listed on the New York Stock Exchange or the NASDAQ and are valued at the last reported sale price on the day of valuation. </FONT></TD>
      </TR>
    </TABLE>
    <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
      <TR style = "page-break-inside:avoid">
        <TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(B)</FONT></TD>
        <TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Presently non-dividend paying. </FONT></TD>
      </TR>
    </TABLE>
    <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
      <TR style = "page-break-inside:avoid">
        <TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(C)</FONT></TD>
        <TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Non-controlled affiliate, a closed-end sector fund, registered as an investment company under the Investment Company Act of 1940. </FONT></TD>
      </TR>
    </TABLE>
    <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
      <TR style = "page-break-inside:avoid">
        <TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(D)</FONT></TD>
        <TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Controlled affiliate valued using fair value procedures. </FONT></TD>
      </TR>
    </TABLE>
    <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
      <TR style = "page-break-inside:avoid">
        <TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(E)</FONT></TD>
        <TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Rate presented is as of period-end and represents the annualized yield earned over the previous seven days. </FONT></TD>
      </TR>
    </TABLE>
    <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
      <TR style = "page-break-inside:avoid">
        <TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(F)</FONT></TD>
        <TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">All or a portion of shares held are on loan. </FONT></TD>
      </TR>
    </TABLE>
    <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
      <TR style = "page-break-inside:avoid">
        <TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="1">(G)</FONT></TD>
        <TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="1">Counterparty for all open swap agreements is Morgan Stanley. At period-end, $2,180,000 in cash collateral was held by the Fund. </FONT></TD>
      </TR>
    </TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="left">&nbsp;</P>
    <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="left"><font size="1"><em>See accompanying notes.</em></font></P>
<P align="left" style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</P>
  </center>
<TR>
  <p><FONT size=4><strong>NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)</strong></FONT></p>
  <P><strong>--------------------------------------------------------------------------------</strong></P>
  <P>Adams Diversified Equity Fund, Inc. (the &quot;Fund&quot;) is registered under the Investment Company Act of 1940 (&quot;1940 Act&quot;) as a diversified investment company. The Fund is an internally-managed closed-end fund whose investment objectives are preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation.</P>
<TR>
  <P><strong>1.  SIGNIFICANT ACCOUNTING POLICIES</strong></P>
<TR>
<P><strong>Affiliates</strong> - The 1940 Act defines &quot;affiliated companies&quot; as those companies in which the Fund owns 5% or more of the outstanding voting securities. Additionally, those companies in which the Fund owns more than 25% of the outstanding voting securities are considered to be &quot;controlled&quot; by the Fund. The Fund and its affiliates, Adams Natural Resources Fund, Inc. (&quot;PEO&quot;) and Adams Funds Advisers, LLC (&quot;AFA&quot;) have a shared management team. </P>
<p><strong><em>PEO</em></strong> - The Fund owns 2,186,774 shares of PEO, a non-diversified, closed-end investment company, representing 8% of its outstanding shares. The Fund accounts for PEO as a portfolio investment that meets the definition of a non-controlled affiliate. During 2017, the Fund received dividends and long-term capital distributions of $568,561   and $87,471, respectively, from its investment in PEO and recognized a change in unrealized appreciation on its investment in PEO of $(1,137,123). Directors of the Fund are also directors of PEO.</p>
<TR>
  <p><strong><em>AFA</em></strong> - In April, 2015, Fund shareholders authorized the Fund to provide investment advisory services to external parties, and the Securities and Exchange Commission granted no action relief under section 12(d)(3) of the 1940 Act to allow the Fund to create a separate, wholly-owned entity for this purpose. The Fund provided the initial capital for the start-up costs of AFA, a Maryland limited liability company, and the Fund is the sole member and General Manager, as provided by the Operating Agreement between AFA and the Fund. This structure mitigates the risk of potential liabilities for the Fund associated with any claims that may arise against AFA during the ordinary course of conducting its business. Given that AFA is an operating company that provides no services to the Fund, the Fund accounts for AFA as a portfolio investment that meets the definition of a controlled affiliate.</p>
  <p> AFA  provides advisory services to an external party. AFA earns advisory fee revenue based on assets under management. AFA's profit can fluctuate due to the level of assets under management, as driven by the number of client relationships, level of client investment activity, and client investment performance, and will impact the Fund's valuation of its investment in AFA. As of September 30, 2017, AFA had assets under management of $121 million invested entirely from one client; failure to maintain this existing relationship or to develop new relationships could impact AFA's ability to generate revenue. To the extent that AFA's operating costs exceed its revenue earned, the Fund may be required to provide additional capital to AFA. For tax purposes, AFA's revenues and expenses are consolidated with those of the Fund and, as such, the advisory fee revenue generated by AFA is monitored closely to ensure that it does not exceed an amount that would jeopardize the Fund's status as a regulated investment company. During 2017, the Fund recognized a change in unrealized appreciation on its investment in AFA of $1,236,000.</p>
  <p><strong>Investment Transactions</strong> - The Fund's investment decisions are made by the portfolio management team with recommendations from the research staff. Policies and procedures are in place covering the allocation of investment opportunities among the Fund and its affiliates to protect the Fund from potential conflicts of interests. Investment transactions are accounted for on  trade date.  Realized gains and losses on sales of investments are recorded on the basis of specific identification.</p>
  <P><strong> Valuation</strong> - The Fund's financial instruments are reported at fair value, which is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Fund has a Valuation Committee (&quot;Committee&quot;) to ensure that financial instruments are appropriately priced at fair value in accordance with accounting principles generally accepted in the United States (&quot;GAAP&quot;) and the 1940 Act. Subject to oversight by the Board of Directors, the Committee establishes methodologies and procedures to value securities for which market quotations are not readily available. </P>
  GAAP establishes the following fair value hierarchy that categorizes inputs used to measure fair value:
<TR>
<TR>
<TR><UL><LI><strong>Level 1</strong> -- fair value is determined based on market data obtained from independent sources;  for example, quoted prices in active markets for identical investments;</LI>

    <LI><strong>Level 2</strong> -- fair value is determined using other assumptions obtained from independent sources;  for example, quoted prices for similar investments;</LI>

    <LI><strong>Level 3</strong> -- fair value is determined using the Fund's own assumptions, developed based on the best information available in the circumstances.<br>
    </LI>
  </UL>
  <P>Investments in securities traded on national security exchanges are valued at the last reported sale price as of the close of regular trading on the relevant exchange on the day of valuation. Over-the-counter and listed equity securities for which a sale price is not available are valued at the last quoted bid price. Money market funds are valued at net asset value. These securities are generally categorized as Level 1 in the hierarchy.</P>
<p>Short-term investments (excluding money market funds) are valued at amortized cost, which approximates fair value. Debt securities are generally traded in the over-the-counter market with prices obtained from an independent pricing service, which considers the yield or price of comparable bonds as well as prices quoted by dealers who make markets in such securities. Total return swap agreements are valued using independent, observable inputs, including underlying security prices, dividends, and interest rates. These securities are generally categorized as Level 2 in the hierarchy.<br>
  <br>
The Fund's investment in its controlled affiliate, AFA, is valued by methods deemed reasonable in good faith by the Committee. The Committee uses market-based valuation multiples, including price-to-earnings and price-to-book value, and discounted free cash flow analysis, or a combination thereof, to estimate fair value. The Committee also considers discounts for illiquid investments, such as AFA. Fair value determinations are reviewed on a regular basis and updated as needed. Due to the inherent uncertainty of the value of Level 3 assets, estimated fair value may differ significantly from the value that would have been used had an active market existed.  Given the absence of market quotations or observable inputs, the Fund's investment in AFA is categorized as Level 3 in the hierarchy.</p>
<TR>
  <p>At September 30, 2017, the Fund's financial instruments were classified as follows:  </p>
<TR>
<TR>
  <TABLE CELLSPACING=0 BORDER=0 CELLPADDING=1 WIDTH=888>
    <TR>
      <TD WIDTH="27%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP">

      <P ALIGN="CENTER" STYLE="border-bottom:1px solid #000000"><strong><font size="2">Level 1</font></strong></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP">

      <P ALIGN="CENTER" STYLE="border-bottom:1px solid #000000"><strong><font size="2">Level 2</font></strong></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP">

      <P ALIGN="CENTER" STYLE="border-bottom:1px solid #000000"><strong><font size="2">Level 3</font></strong></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP">

      <P ALIGN="CENTER" STYLE="border-bottom:1px solid #000000"><strong><font size="2">Total</font></strong></TD>
    </TR>
    <TR>
      <TD VALIGN="TOP"><font size="2"><strong>Assets:</strong></font></TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP">&nbsp;</TD>
    </TR>
    <TR>
      <TD WIDTH="27%" VALIGN="TOP"><P><font size="2">Common stocks</font></TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">$1,720,937,997</font></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">$--</font></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">$--</font></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">$1,720,937,997</font></TD>
    </TR>
    <TR>
      <TD VALIGN="TOP"><font size="2">Other investments</font></TD>
      <TD VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">--</font></TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">--</font></TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">1,469,000</font></TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">1,469,000</font></TD>
    </TR>
    <TR>
      <TD VALIGN="TOP"><font size="2">Short-term investments</font></TD>
      <TD VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">20,084,871</font></TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">--</font></TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">--</font></TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">20,084,871</font></TD>
    </TR>
    <TR>
      <TD WIDTH="27%" VALIGN="TOP"><P><font size="2">Securities lending collateral</font></TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:1px solid #000000"><font size="2">1,594,512</font></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:1px solid #000000"><font size="2">48,709,469</font></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:1px solid #000000"><font size="2">--</font></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:1px solid #000000"><font size="2">50,303,981</font></TD>
    </TR>
    <TR>
      <TD WIDTH="27%" VALIGN="TOP"><P><font size="2">Total investments</font></TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:3px double #000000"><font size="2">$1,742,617,380</font></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:3px double #000000"><font size="2">$</font><font size="2">48,709,469</font></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:3px double #000000"><font size="2">$1,469,000</font></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:3px double #000000"><font size="2">$1,792,795,849</font></TD>
    </TR>
    <TR>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP">&nbsp;</TD>
      <TD VALIGN="TOP">&nbsp;</TD>
    </TR>
    <TR>
      <TD WIDTH="27%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP">&nbsp;</TD>
    </TR>
    <TR>
      <TD WIDTH="27%" VALIGN="TOP"><P><font size="2">Total return swap agreements*</font></TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:3px double #000000"><font size="2">$--</font></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:3px double #000000"><font size="2">$2,554,232</font></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:3px double #000000"><font size="2">$--</font></TD>
      <TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
      <TD WIDTH="16%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:3px double #000000"><font size="2">$2,554,232</font></TD>
    </TR>
  </TABLE>
  <P><font size="2">*Unrealized appreciation (depreciation)</font></P>
  <P>The following is a reconciliation of the change in the value of Level 3 investments:</P>
<TABLE WIDTH=677 BORDER=0 CELLPADDING=1 CELLSPACING=0>
    <TR>
      <TD WIDTH="65%" VALIGN="TOP"><P><font size="2">Balance as of December 31, 2016</font></TD>
      <TD WIDTH="35%" VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">$233,000</font></TD>
    </TR>
    <TR>
      <TD VALIGN="TOP"><font size="2">Purchases</font></TD>
      <TD VALIGN="TOP"><P ALIGN="RIGHT"><font size="2">--</font></TD>
    </TR>
    <TR>
      <TD WIDTH="65%" VALIGN="TOP"><P ALIGN="LEFT" STYLE="border-bottom:1px solid #000000"><font size="2">Change in unrealized appreciation of investments</font></TD>
      <TD WIDTH="35%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:1px solid #000000"><font size="2">1,236,000</font></TD>
    </TR>
    <TR>
      <TD WIDTH="65%" VALIGN="TOP"><P ALIGN="LEFT" STYLE="border-bottom:3px double #000000"><font size="2">Balance as of September 30, 2017</font></TD>
      <TD WIDTH="35%" VALIGN="TOP"><P ALIGN="RIGHT" STYLE="border-bottom:3px double #000000"><font size="2">$1,469,000</font></TD>
    </TR>
</TABLE>
<TR>
    <P>  There were no transfers between levels during the nine months ended September 30, 2017.</P>
    <P><strong>2.  FEDERAL INCOME TAXES</strong></P>
    <P>As of September 30, 2017, the identified cost of investments for federal income tax purposes was $1,249,058,620 and net unrealized appreciation aggregated $546,291,461, consisting of gross unrealized appreciation of $568,301,187 and gross unrealized depreciation of $22,009,726.</P>
    <P><strong>3.  INVESTMENT TRANSACTIONS</strong></P>
    <P>Purchases and sales of portfolio investments, other than short-term investments, securities lending collateral and derivative transactions, during the nine months ended September 30, 2017, were $503,036,046 and $499,805,293, respectively.    </P>
    <p><strong>4. DERIVATIVES </strong></p>
  <P>During the nine months ended September 30, 2017, the Fund invested in derivative instruments. The Fund may use derivatives for a variety of purposes, including, but not limited to, the ability to gain or limit exposure to particular market sectors or securities, to provide additional income, to limit equity price risk in the normal course of pursuing its investment objectives, and/or to obtain leverage.</P>
<p><strong>Total Return Swap Agreements</strong> - The Fund may use total return swap agreements to manage exposure to certain risks and/or enhance performance. Total return swap agreements are bilateral contracts between the Fund and a counterparty in which the Fund, in the case of a long contract, agrees to receive the positive total return (and pay the negative total return) of an underlying equity security and to pay a financing amount, based on a notional amount and a referenced interest rate, over the term of the contract. In the case of a short contract, the Fund agrees to pay the positive total return (and receive the negative total return) of the underlying equity security and to receive or pay a financing rate, based on a notional amount and a referenced interest rate, over the term of the contract. The fair value of each total return swap agreement is determined daily with the change in the fair value recorded as an unrealized gain or loss. Upon termination of a swap agreement, the Fund recognizes a realized gain (loss) on total return swap agreements equal to the net receivable (payable) amount under the terms of the agreement.</p>
<p>Total return swap agreements entail risks associated with counterparty credit, liquidity, and equity price risk. Such risks include that the Fund or the counterparty may default on its obligation, that there is no liquid market for these agreements, and that there may be unfavorable changes in the price of the underlying equity security. To mitigate the Fund's counterparty credit risk, the Fund enters into master netting and collateral arrangements with the counterparty. A master netting agreement allows either party to terminate the contract prior to termination date and to net amounts due across multiple contracts upon settlement, providing for a single net settlement with a counterparty. The Fund's policy is to net all derivative instruments subject to a netting agreement. The fair value of each outstanding total return swap contract is presented on the Schedule of Investments. During the nine months ended September 30, 2017, the average daily notional amounts of open long and (short) total return swap agreements, an indicator of the volume of activity during the period, were $31,640,848 and $(30,021,898), respectively.</p>
<p>A collateral arrangement requires each party to provide collateral with a value, adjusted daily and subject to a minimum transfer amount, equal to the net amount owed to the other party under the contract. The counterparty provides cash collateral to the Fund and the Fund provides collateral by segregating portfolio securities, subject to a valuation allowance, into a tri-party account at its custodian. As of September 30, 2017, there were no securities pledged by the Fund and  $2,180,000 in cash collateral was held by the Fund.</p>
<p><strong>5. PORTFOLIO SECURITIES LOANED </strong></p>
<P>The Fund makes loans of securities to approved brokers to earn additional income. The loans are collateralized by cash and/or U.S. Treasury and  government agency obligations valued at 102% of the value of the securities on loan. The market value of the loaned securities is calculated based upon the most recent closing prices and any additional required collateral is delivered to the Fund on the next business day. On loans collateralized by cash, the cash collateral is invested in a registered money market fund. The Fund accounts for securities lending transactions as secured financing and retains a portion of the income from lending fees and interest on the investment of cash collateral. The Fund also continues to receive dividends on the securities loaned. Gain or loss in the fair value of securities loaned that may occur during the term of the loan will be for the account of the Fund. At September 30, 2017, the Fund had securities on loan of $49,751,539 and held cash collateral of $50,303,981. The Fund is indemnified by the Custodian, serving as lending agent, for loss of loaned securities and has the right under the lending agreement to recover the securities from the borrower on demand.</P>
<TR>
<TR>
  <P><strong>Item 2.  Controls and Procedures. </strong></P>
  <P> (a)  The registrant's principal executive officer and principal financial officer have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the 1940 Act) are effective based on their evaluation of the disclosure controls and procedures as of a date within 90 days of the filing date of this report.</P>
  <P>(b) There have been no significant changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) 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.  </P>
  <P><strong>Item 3. Exhibits. </strong></P>
  <P>The certifications of the principal executive officer and principal financial officer pursuant to Rule 30a-2(a) under the 1940 Act are attached hereto as Form N-Q Certifications.  </P>
  <TABLE border=0 width=576 cellspacing=1 cellpadding=0>
    <TR valign="bottom">
      <TD width=6% nowrap align=left>&nbsp;</TD>
      <TD width=93% nowrap align=left>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;
      &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
    </TR>
    <TR>
      <TD colspan=2><div align="center"><FONT size=3><strong>SIGNATURES</strong></font></div></TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left>&nbsp;</TD>
      <TD width=93% nowrap align=left><font size=3>Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act</FONT>&nbsp; </TD>
    </TR>
    <TR valign="bottom">
      <TD width=99% nowrap colspan=2 align=left><font size=3>of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto </FONT>&nbsp; </TD>
    </TR>
    <TR valign="bottom">
      <TD width=99% nowrap colspan=2 align=left><font size=3>duly authorized.</FONT>&nbsp; </TD>
    </TR>
    <TR> <font size=3></FONT>
      </TD>
    </TR>
    <TR>
      <TD colspan=2></TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR>
      <TD colspan=2><font size=3>Adams Diversified Equity Fund, Inc.</FONT></TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left><font size=3> By:</FONT>&nbsp; </TD>
      <TD width=93% nowrap align=left><font size=3><u>/s/ Mark E. Stoeckle</u></FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left>&nbsp;</TD>
      <TD width=93% nowrap align=left><font size=3>Mark E. Stoeckle</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left>&nbsp;</TD>
      <TD width=93% nowrap align=left><font size=3>Chief Executive Officer</FONT> <font size=3>and President</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left>&nbsp;</TD>
      <TD width=93% nowrap align=left><font size=3>(Principal Executive Officer)</FONT>&nbsp; </TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left><font size=3>Date:</FONT>&nbsp; </TD>
      <TD width=93% nowrap align=left><font size="3">October 23, 2017</font></TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left>&nbsp;</TD>
      <TD width=93% nowrap align=left><font size=3>Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act</FONT>&nbsp; </TD>
    </TR>
    <TR valign="bottom">
      <TD width=99% nowrap colspan=2 align=left><font size=3>of 1940, this report has been signed below by the following persons on behalf of the registrant and in the</FONT>&nbsp; </TD>
    </TR>
    <TR valign="bottom">
      <TD width=99% nowrap colspan=2 align=left><font size=3>capacities and on the dates indicated.</FONT>&nbsp; </TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left><font size=3>By:</FONT>&nbsp; </TD>
      <TD width=93% align=left nowrap><font size=3><u>/s/ Mark E. Stoeckle</u></FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left>&nbsp;</TD>
      <TD width=93% align=left nowrap><font size=3>Mark E. Stoeckle</FONT></TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left>&nbsp;</TD>
      <TD width=93% nowrap align=left><font size=3>Chief Executive Officer</FONT> and President</TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left>&nbsp;</TD>
      <TD width=93% nowrap align=left><font size=3>(Principal Executive Officer)</FONT>&nbsp; </TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left><font size=3>Date:</FONT>&nbsp; </TD>
      <TD width=93% nowrap align=left><font size="3">October 23, 2017</font></TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left><font size=3>By:</FONT>&nbsp; </TD>
      <TD width=93% nowrap align=left><font size=3><u>/s/ Brian S. Hook</u></FONT>&nbsp; </TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left>&nbsp;</TD>
      <TD width=93% nowrap align=left><font size=3>Brian S. Hook</FONT>&nbsp; </TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left>&nbsp;</TD>
      <TD width=93% nowrap align=left><font size=3>Vice President, Chief Financial Officer and Treasurer</FONT>&nbsp; </TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left>&nbsp;</TD>
      <TD width=93% nowrap align=left><font size=3>(Principal Financial Officer)</FONT>&nbsp; </TD>
    </TR>
    <TR>
      <TD colspan=2>&nbsp;</TD>
    </TR>
    <TR valign="bottom">
      <TD width=6% nowrap align=left><font size=3>Date:</FONT>&nbsp; </TD>
      <TD width=93% nowrap align=left><font size="3">October 23, 2017</font></TD>
    </TR>
  </TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>adxnqcert09302017.htm
<TEXT>
<HTML>
<HEAD>
<TITLE>ADAMS DIVERSIFIED EQUITY FUND, INC. - FORM N-Q CERTIFICATION - SEPTEMBER 30, 2017</TITLE>
</HEAD>
<BODY LINK="#0000ff" VLINK="#800080">

<B><FONT SIZE=4><P ALIGN="CENTER"><u>CERTIFICATIONS</u>  <FONT SIZE=2></FONT></P>
</B>
<P><font size="2">I, Mark E. Stoeckle, certify that: </font></P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=669>
<TR><TD WIDTH="8%" VALIGN="TOP">
<FONT SIZE=2><P>1.</FONT></TD>
<TD VALIGN="TOP" COLSPAN=4>
<FONT SIZE=2><P>I have reviewed this report on Form N-Q of Adams Diversified Equity Fund, Inc.;</FONT></TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">
<FONT SIZE=2><P>2.</FONT></TD>
<TD VALIGN="TOP" COLSPAN=4>
<FONT SIZE=2><P>Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </FONT></TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">
<FONT SIZE=2><P>3.</FONT></TD>
<TD VALIGN="TOP" COLSPAN=4>
<FONT SIZE=2><P>Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;</FONT></TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">
<FONT SIZE=2><P>4.</FONT></TD>
<TD VALIGN="TOP" COLSPAN=4>
<FONT SIZE=2><P>The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: </FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=2>
<FONT SIZE=2><P ALIGN="RIGHT"> (a)</FONT></TD>
<TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=2><P>Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=2>
<FONT SIZE=2><P ALIGN="RIGHT">(b)</FONT></TD>
<TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=2><P>Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=2>
<FONT SIZE=2><P ALIGN="RIGHT">(c)</FONT></TD>
<TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=2><P>Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=2>
<FONT SIZE=2><P ALIGN="RIGHT">(d)</FONT></TD>
<TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=2><P>Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and</FONT></TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">
<FONT SIZE=2><P>5.</FONT></TD>
<TD VALIGN="TOP" COLSPAN=4>
<FONT SIZE=2><P>The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=2>
<FONT SIZE=2><P ALIGN="RIGHT"> (a)</FONT></TD>
<TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=2><P>All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=2>
<FONT SIZE=2><P ALIGN="RIGHT">(b)</FONT></TD>
<TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=2><P>Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.</FONT></TD>
</TR>
<TR>
  <TD VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
  <TD VALIGN="TOP" COLSPAN=3>&nbsp;</TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>
  <P><font size="2">Date: October 23, 2017</font></P>
  <FONT SIZE=2>&nbsp;</FONT></TD>
  <TD WIDTH="16%" VALIGN="TOP">
  <P>&nbsp;</P></TD>
  <TD WIDTH="54%" VALIGN="TOP"><FONT SIZE=2><u>/s/ Mark E. Stoeckle</u><BR>
    Mark E. Stoeckle<BR>
    Chief Executive Officer and President<BR>
(Principal Executive Officer)</FONT></TD>
</TR>
</TABLE>

<P></P>
<P></P>
<P></P>
<P><p Style='page-break-before:always'></P>

<P><font size="2">I, Brian S. Hook, certify that: </font></P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=669>
<TR><TD WIDTH="8%" VALIGN="TOP">
<FONT SIZE=2><P>1.</FONT></TD>
<TD VALIGN="TOP" COLSPAN=4>
<FONT SIZE=2><P>I have reviewed this report on Form N-Q of Adams Diversified Equity Fund, Inc.;</FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>2.</FONT></TD>
<TD VALIGN="TOP" COLSPAN=4>
<FONT SIZE=2><P>Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; </FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>3.</FONT></TD>
<TD VALIGN="TOP" COLSPAN=4>
<FONT SIZE=2><P>Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;</FONT></TD>
</TR>
<TR><TD WIDTH="9%" VALIGN="TOP">
<FONT SIZE=2><P>4.</FONT></TD>
<TD VALIGN="TOP" COLSPAN=4>
<FONT SIZE=2><P>The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: </FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=2>
<FONT SIZE=2><P ALIGN="RIGHT"> (a)</FONT></TD>
<TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=2><P>Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=2>
<FONT SIZE=2><P ALIGN="RIGHT">(b)</FONT></TD>
<TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=2><P>Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=2>
<FONT SIZE=2><P ALIGN="RIGHT">(c)</FONT></TD>
<TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=2><P>Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and</FONT></TD>
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<FONT SIZE=2><P ALIGN="RIGHT">(d)</FONT></TD>
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<FONT SIZE=2><P>Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and</FONT></TD>
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<FONT SIZE=2><P>5.</FONT></TD>
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<FONT SIZE=2><P>The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):</FONT></TD>
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<FONT SIZE=2><P ALIGN="RIGHT"> (a)</FONT></TD>
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<FONT SIZE=2><P>All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and</FONT></TD>
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<FONT SIZE=2><P ALIGN="RIGHT">(b)</FONT></TD>
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<FONT SIZE=2><P>Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.</FONT></TD>
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  <TD VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
  <TD VALIGN="TOP" COLSPAN=3>&nbsp;</TD>
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  <TD VALIGN="TOP" COLSPAN=3><P><font size="2">Date: October 23, 2017</font></P>
    <FONT SIZE=2>&nbsp;</FONT></TD>
  <TD WIDTH="17%" VALIGN="TOP"><P>&nbsp;</P></TD>
  <TD WIDTH="54%" VALIGN="TOP"><FONT SIZE=2><u>/s/ Brian S. Hook</u><BR>
Brian S. Hook<BR>
Vice President, Chief Financial Officer and Treasurer<BR>
(Principal Financial Officer)</FONT></TD>
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