Teachers Advisors Portfolio holdings

AUM $81.7B

1-Year Est. Return 13.65%

This Quarter Est. Return

1 Year Est. Return

+13.65%

3 Year Est. Return

5 Year Est. Return

10 Year Est. Return

AUM

$71.1B

AUM Growth

-$11.9B (-14%)

Cap. Flow

Cap. Flow % of AUM

Top 10 Holdings % Top 10 Hldgs %

Holding

3,088

New

Increased

Reduced

Closed

Top Buys

1		+$286M
2		+$179M
3		+$159M
4	Johnson & Johnson JNJ	+$148M
5	Procter & Gamble PG	+$144M

Top Sells

1		+$178M
2		+$126M
3		+$105M
4	ESRX Express Scripts Holding Company ESRX	+$83.8M
5	Kraft Heinz KHC	+$79.8M

Sector Composition

1	Technology	17.26%
2	Financials	15.31%
3	Healthcare	14.25%
4	Consumer Discretionary	10.15%
5	Industrials	9.66%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal
2301	2301 Q32 Bio QTTB $35.4M	$773K	﹤0.01%	1,920 +1,201
2302	KEYW 2302 DELISTED The KEYW Holding Corporation KEYW	$773K	﹤0.01%	115,608 -137,324
2303	2303 Nicolet Bankshares NIC $1.95B	$770K	﹤0.01%	15,788
2304	2304 Select Water Solutions WTTR $1.1B	$770K	﹤0.01%	121,810 +2,976
2305	BVH 2305 DELISTED Bluegreen Vacations Holding Corporation BVH	$768K	﹤0.01%	26,805 -1,743
2306	NSTG 2306 DELISTED NanoString Technologies, Inc. NSTG	$765K	﹤0.01%	51,574
2307	2307 Plug Power PLUG $3.19B	$764K	﹤0.01%	616,462 +16,970
2308	FRGI 2308 DELISTED Fiesta Restaurant Group, Inc. FRGI	$764K	﹤0.01%	49,263 +2,258
2309	2309 Great Lakes Dredge & Dock GLDD $936M	$763K	﹤0.01%	115,233 -4,218
2310	2310 nLIGHT LASR $1.8B	$761K	﹤0.01%	+42,802
2311	MTB.PR.CL 2311 DELISTED M&T BANK CORPORATION Fixed Rate Cumulative Perpetual Preferred Stock, Series A Called Redemption MTB.PR.CL	$759K	﹤0.01%	+750
2312	COWN 2312 DELISTED Cowen Inc. Class A Common Stock COWN	$759K	﹤0.01%	56,911 -4,273
2313	2313 Arrow Financial AROW $544M	$757K	﹤0.01%	27,424 +2,559
2314	ACRE 2314 Ares Commercial Real Estate ACRE $295M	$754K	﹤0.01%	57,841
2315	UBX 2315 DELISTED Unity Biotechnology UBX	$754K	﹤0.01%	+4,639
2316	2316 Expro XPRO $1.44B	$754K	﹤0.01%	24,069 +2,281
2317	VRAY 2317 DELISTED ViewRay, Inc. VRAY	$752K	﹤0.01%	123,956 +7,937
2318	2318 Metallus MTUS $764M	$751K	﹤0.01%	85,918 -1,266
2319	2319 Citizens CIA $287M	$750K	﹤0.01%	99,708 +10,078
2320	XOG 2320 DELISTED Extraction Oil & Gas, Inc. Common Stock XOG	$743K	﹤0.01%	173,116 +34,247
2321	2321 Radiant Logistics RLGT $315M	$741K	﹤0.01%	174,419 +14,125
2322	DX 2322 Dynex Capital DX $2B	$740K	﹤0.01%	43,124
2323	2323 Rigel Pharmaceuticals RIGL $763M	$737K	﹤0.01%	32,061
2324	2324 Griffon GFF $3.55B	$736K	﹤0.01%	70,430 +13,125
2325	ABTX 2325 DELISTED Allegiance Bancshares ABTX	$736K	﹤0.01%	22,726 +2,405