-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FkukIzjoW1QNesAWrwvQ2beo5WQ7QTuOKBu9JV/8Z9iGJlAp7VsUVDas/OqzBs2q RRB67SHojpLNtASj6Jrshg== 0000950137-07-009280.txt : 20070627 0000950137-07-009280.hdr.sgml : 20070627 20070627142224 ACCESSION NUMBER: 0000950137-07-009280 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070430 FILED AS OF DATE: 20070627 DATE AS OF CHANGE: 20070627 EFFECTIVENESS DATE: 20070627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RIVERSOURCE LARGE CAP SERIES, INC. CENTRAL INDEX KEY: 0000049702 IRS NUMBER: 410962638 STATE OF INCORPORATION: MN FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-02111 FILM NUMBER: 07943417 BUSINESS ADDRESS: STREET 1: 50606 AMERIPRISE FINANCIAL CENTER STREET 2: H27/5228 CITY: MINNEAPOLIS STATE: MN ZIP: 55474 BUSINESS PHONE: 6126714321 MAIL ADDRESS: STREET 1: 50606 AMERIPRISE FINANCIAL CENTER STREET 2: H27/5228 CITY: MINNEAPOLIS STATE: MN ZIP: 55474 FORMER COMPANY: FORMER CONFORMED NAME: AXP GROWTH SERIES INC/MN DATE OF NAME CHANGE: 20001011 FORMER COMPANY: FORMER CONFORMED NAME: AXP GROWTH FUND INC DATE OF NAME CHANGE: 20000829 FORMER COMPANY: FORMER CONFORMED NAME: IDS GROWTH FUND INC DATE OF NAME CHANGE: 19920703 0000049702 S000003287 RiverSource Disciplined Equity Fund C000008741 RiverSource Disciplined Equity Fund Class B AQEBX C000008742 RiverSource Disciplined Equity Fund Class C C000008744 RiverSource Disciplined Equity Fund Class A AQEAX C000008745 RiverSource Disciplined Equity Fund Class I ALEIX C000042888 RiverSource Disciplined Equity Fund Class R2 C000042889 RiverSource Disciplined Equity Fund Class R3 RSDEX C000042890 RiverSource Disciplined Equity Fund Class R4 RQEYX C000042891 RiverSource Disciplined Equity Fund Class R5 RSIPX C000042892 RiverSource Disciplined Equity Fund Class W RDEWX 0000049702 S000003288 RiverSource Growth Fund C000008746 RiverSource Growth Fund Class A INIDX C000008747 RiverSource Growth Fund Class B IGRBX C000008748 RiverSource Growth Fund Class C AXGCX C000008749 RiverSource Growth Fund Class I AGWIX C000042893 RiverSource Growth Fund Class W C000042894 RiverSource Growth Fund Class R2 C000042895 RiverSource Growth Fund Class R3 RSCGX C000042896 RiverSource Growth Fund Class R4 IGRYX C000042897 RiverSource Growth Fund Class R5 RSWHX 0000049702 S000003289 RiverSource Large Cap Equity Fund C000008751 RiverSource Large Cap Equity Fund Class I ALRIX C000008752 RiverSource Large Cap Equity Fund Class A ALEAX C000008753 RiverSource Large Cap Equity Fund Class B ALEBX C000008754 RiverSource Large Cap Equity Fund Class C ARQCX C000042898 RiverSource Large Cap Equity Fund Class R2 C000042899 RiverSource Large Cap Equity Fund Class R3 C000042900 RiverSource Large Cap Equity Fund Class R4 ALEYX C000042901 RiverSource Large Cap Equity Fund Class R5 0000049702 S000003290 RiverSource Large Cap Value Fund C000008756 RiverSource Large Cap Value Fund Class C C000008758 RiverSource Large Cap Value Fund Class A ALVAX C000008759 RiverSource Large Cap Value Fund Class B ALVBX C000008760 RiverSource Large Cap Value Fund Class I ALCIX C000042902 RiverSource Large Cap Value Fund Class R2 C000042903 RiverSource Large Cap Value Fund Class R3 C000042904 RiverSource Large Cap Value Fund Class R4 RSLVX C000042905 RiverSource Large Cap Value Fund Class R5 N-Q 1 c15530nvq.txt QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act File Number 811-2111 RIVERSOURCE LARGE CAP SERIES, INC. (Exact name of registrant as specified in charter) 50606 Ameriprise Financial Center, Minneapolis, Minnesota 55474 (Address of principal executive offices) (Zip code)
Scott R. Plummer - 5228 Ameriprise Financial Center, Minneapolis, MN 55474 (Name and address of agent for service) Registrant's telephone number, including area code: (612) 671-1947 Date of fiscal year end: 7/31 Date of reporting period: 4/30 PORTFOLIO HOLDINGS FOR RIVERSOURCE DISCIPLINED EQUITY FUND AT APRIL 30, 2007 INVESTMENTS IN SECURITIES APRIL 30, 2007 (UNAUDITED) (Percentages represent value of investments compared to net assets)
COMMON STOCKS (98.5%) ISSUER SHARES VALUE(A) AEROSPACE & DEFENSE (1.0%) General Dynamics 29,333 $2,302,641 Lockheed Martin 109,106 10,489,451 United Technologies 170,133 11,421,028 --------------- Total 24,213,120 - ----------------------------------------------------------------------------------- AIR FREIGHT & LOGISTICS (0.1%) United Parcel Service Cl B 31,962 2,251,084 - ----------------------------------------------------------------------------------- AUTO COMPONENTS (0.1%) Cooper Tire & Rubber 13,328 257,630 Johnson Controls 22,977 2,351,237 --------------- Total 2,608,867 - ----------------------------------------------------------------------------------- AUTOMOBILES (1.2%) Ford Motor 949,756(d) 7,636,038 General Motors 375,737 11,734,266 Harley-Davidson 144,208 9,131,251 --------------- Total 28,501,555 - ----------------------------------------------------------------------------------- BEVERAGES (1.8%) Coca-Cola 473,330 24,703,093 Pepsi Bottling Group 39,400 1,292,714 PepsiCo 266,267 17,597,586 --------------- Total 43,593,393 - ----------------------------------------------------------------------------------- BIOTECHNOLOGY (0.1%) Celgene 46,253(b) 2,828,833 - ----------------------------------------------------------------------------------- CAPITAL MARKETS (3.4%) Franklin Resources 68,673 9,017,452 Lehman Brothers Holdings 328,565 24,734,373 Merrill Lynch & Co 426,443 38,477,952 Morgan Stanley 133,031 11,175,934 T Rowe Price Group 3,814 189,480 --------------- Total 83,595,191 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) CHEMICALS (0.8%) Ashland 8,000 $479,600 Dow Chemical 80,450 3,588,875 Eastman Chemical 21,200 1,435,240 Ecolab 67,323 2,894,216 EI du Pont de Nemours & Co 121,754 5,986,643 Intl Flavors & Fragrances 45,228 2,201,247 PPG Inds 17,500 1,287,650 Sigma-Aldrich 59,672 2,510,998 --------------- Total 20,384,469 - ----------------------------------------------------------------------------------- COMMERCIAL BANKS (1.5%) Comerica 80,681 4,994,961 Fifth Third Bancorp 10,200 414,018 First Horizon Natl 64,839 2,542,337 Huntington Bancshares 41,800 927,124 KeyCorp 80,436 2,869,956 Natl City 339,084 12,393,520 PNC Financial Services Group 118,696 8,795,374 US Bancorp 128,076 4,399,411 --------------- Total 37,336,701 - ----------------------------------------------------------------------------------- COMMUNICATIONS EQUIPMENT (0.6%) QUALCOMM 238,880 10,462,944 Tellabs 315,628(b) 3,351,969 --------------- Total 13,814,913 - ----------------------------------------------------------------------------------- COMPUTERS & PERIPHERALS (3.7%) Apple 233,338(b) 23,287,132 EMC 276,410(b) 4,195,904 Intl Business Machines 480,561 49,118,140 Lexmark Intl Cl A 63,242(b) 3,446,689 Network Appliance 232,374(b) 8,646,637 --------------- Total 88,694,502 - ----------------------------------------------------------------------------------- CONTAINERS & PACKAGING (0.1%) Pactiv 98,053(b) 3,390,673 - ----------------------------------------------------------------------------------- DISTRIBUTORS (0.2%) Genuine Parts 81,078 4,006,064 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) DIVERSIFIED FINANCIAL SERVICES (2.5%) CIT Group 120,412 $7,182,576 Citigroup 977,792 52,429,207 --------------- Total 59,611,783 - ----------------------------------------------------------------------------------- DIVERSIFIED TELECOMMUNICATION SERVICES (7.0%) AT&T 3,018,456 116,874,616 Embarq 47,719 2,865,049 Verizon Communications 1,309,736 50,005,720 --------------- Total 169,745,385 - ----------------------------------------------------------------------------------- ELECTRIC UTILITIES (2.0%) Allegheny Energy 60,803(b) 3,250,528 American Electric Power 201,870 10,137,911 Entergy 79,663 9,013,072 FirstEnergy 39,345 2,692,772 FPL Group 274,844 17,691,709 Pinnacle West Capital 47,828 2,309,614 PPL 53,504 2,333,309 --------------- Total 47,428,915 - ----------------------------------------------------------------------------------- ENERGY EQUIPMENT & SERVICES (0.1%) Nabors Inds 75,642(b,c) 2,429,621 - ----------------------------------------------------------------------------------- FOOD & STAPLES RETAILING (2.4%) Kroger 208,256 6,145,635 Safeway 318,606 11,565,398 SUPERVALU 79,571 3,652,309 SYSCO 74,978 2,454,780 Wal-Mart Stores 717,641 34,389,356 --------------- Total 58,207,478 - ----------------------------------------------------------------------------------- FOOD PRODUCTS (1.1%) ConAgra Foods 121,107 2,976,810 Kellogg 30,957 1,637,935 Kraft Foods Cl A 366,165 12,255,543 Sara Lee 375,839 6,167,518 Tyson Foods Cl A 138,600 2,905,056 WM Wrigley Jr 8,183 481,815 --------------- Total 26,424,677 - ----------------------------------------------------------------------------------- GAS UTILITIES (0.1%) Nicor 46,395 2,377,280 - -----------------------------------------------------------------------------------
See accompanying notes to investments in securities. - -------------------------------------------------------------------------------- 1 RIVERSOURCE DISCIPLINED EQUITY FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) HEALTH CARE EQUIPMENT & SUPPLIES (0.7%) Becton Dickinson & Co 44,419 $3,495,331 Biomet 76,069 3,286,181 Stryker 80,724 5,242,217 Zimmer Holdings 64,126(b) 5,802,120 --------------- Total 17,825,849 - ----------------------------------------------------------------------------------- HEALTH CARE PROVIDERS & SERVICES (1.1%) Cardinal Health 85,343 5,969,743 CIGNA 82,696 12,866,670 Health Management Associates Cl A 67,300 719,437 Humana 40,391(b) 2,554,327 Quest Diagnostics 38,786(d) 1,896,248 Tenet Healthcare 261,345(b) 1,939,180 --------------- Total 25,945,605 - ----------------------------------------------------------------------------------- HOTELS, RESTAURANTS & LEISURE (2.1%) Carnival Unit 82,053 4,011,571 Hilton Hotels 210,854 7,169,036 Marriott Intl Cl A 95,852 4,333,469 McDonald's 648,319 31,300,841 Yum! Brands 66,837 4,134,537 --------------- Total 50,949,454 - ----------------------------------------------------------------------------------- HOUSEHOLD DURABLES (1.0%) Centex 82,847 3,709,060 DR Horton 320,762 7,114,501 KB HOME 33,431 1,474,641 Lennar Cl A 110,123 4,703,353 Pulte Homes 188,605 5,073,475 Stanley Works 28,742 1,675,084 --------------- Total 23,750,114 - ----------------------------------------------------------------------------------- HOUSEHOLD PRODUCTS (0.6%) Kimberly-Clark 190,099 13,529,346 - ----------------------------------------------------------------------------------- INDEPENDENT POWER PRODUCERS & ENERGY TRADERS (0.8%) AES 159,230(b) 3,501,468 Constellation Energy Group 48,916 4,359,394 Dynegy Cl A 271,877(b) 2,558,363 TXU 135,541 8,888,778 --------------- Total 19,308,003 - ----------------------------------------------------------------------------------- INDUSTRIAL CONGLOMERATES (1.3%) 3M 393,613 32,579,348 - ----------------------------------------------------------------------------------- INSURANCE (4.7%) ACE 41,165(c) 2,447,671 Allstate 451,018 28,107,442 Ambac Financial Group 60,196(f) 5,525,993 Chubb 34,748 1,870,485 Cincinnati Financial 28,900 1,307,436 Genworth Financial Cl A 274,533 10,017,709 Lincoln Natl 86,117 6,127,225 Marsh & McLennan Companies 194,762 6,185,641 MBIA 75,996 5,286,282 MetLife 189,716 12,464,341 Progressive 209,830 4,840,778 Safeco 40,215 2,683,949
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) INSURANCE (CONT.) Torchmark 47,851 $3,268,223 Travelers Companies 304,141 16,454,028 UnumProvident 313,431 7,798,163 --------------- Total 114,385,366 - ----------------------------------------------------------------------------------- INTERNET & CATALOG RETAIL (0.5%) Amazon.com 167,542(b) 10,275,351 IAC/InterActiveCorp 70,425(b) 2,684,601 --------------- Total 12,959,952 - ----------------------------------------------------------------------------------- INTERNET SOFTWARE & SERVICES (1.5%) eBay 180,271(b) 6,118,398 Google Cl A 65,426(b) 30,840,508 --------------- Total 36,958,906 - ----------------------------------------------------------------------------------- IT SERVICES (0.8%) Affiliated Computer Services Cl A 19,858(b) 1,189,693 Cognizant Technology Solutions Cl A 104,056(b) 9,302,607 Convergys 120,400(b) 3,041,304 Paychex 98,702 3,661,844 Unisys 153,647(b) 1,204,592 --------------- Total 18,400,040 - ----------------------------------------------------------------------------------- LEISURE EQUIPMENT & PRODUCTS (0.8%) Brunswick 50,000 1,638,000 Eastman Kodak 205,970(d) 5,130,713 Hasbro 86,655 2,739,165 Mattel 349,364 9,887,000 --------------- Total 19,394,878 - ----------------------------------------------------------------------------------- LIFE SCIENCES TOOLS & SERVICES (0.1%) Thermo Fisher Scientific 60,622(b) 3,155,981 - ----------------------------------------------------------------------------------- MACHINERY (3.2%) Caterpillar 334,154 24,266,263 Cummins 59,608 5,493,473 Deere & Co 54,363 5,947,312 Eaton 65,117 5,809,088 Illinois Tool Works 40,630 2,084,725 Ingersoll-Rand Cl A 119,294(c) 5,326,477 Navistar Intl 54,900(b) 3,048,597 PACCAR 268,025 22,508,740 Terex 36,975(b) 2,878,504 --------------- Total 77,363,179 - ----------------------------------------------------------------------------------- MEDIA (4.8%) CBS Cl B 244,280 7,760,776 Comcast Cl A 1,537,644(b) 40,993,588 DIRECTV Group 653,584(b) 15,581,443 Gannett 131,687 7,514,060 Interpublic Group of Companies 108,200(b) 1,371,976 New York Times Cl A 70,860(d) 1,658,124 Time Warner 1,844,782 38,057,853 Tribune 83,709 2,745,655 --------------- Total 115,683,475 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) METALS & MINING (0.4%) Allegheny Technologies 12,509 $1,370,736 Freeport-McMoRan Copper & Gold 93,871 6,304,377 United States Steel 26,643(f) 2,705,330 --------------- Total 10,380,443 - ----------------------------------------------------------------------------------- MULTILINE RETAIL (1.5%) Big Lots 83,306(b) 2,682,453 Dollar General 151,012 3,224,106 Family Dollar Stores 36,123 1,150,156 Federated Department Stores 69,550 3,054,636 Kohl's 135,058(b) 9,999,694 Nordstrom 66,974 3,678,212 Sears Holdings 61,941(b) 11,825,157 --------------- Total 35,614,414 - ----------------------------------------------------------------------------------- MULTI-UTILITIES (0.8%) CenterPoint Energy 337,701 6,358,909 CMS Energy 57,088 1,057,270 PG&E 68,873 3,484,974 Sempra Energy 72,441 4,598,555 TECO Energy 40,396 725,108 Xcel Energy 98,866 2,381,682 --------------- Total 18,606,498 - ----------------------------------------------------------------------------------- OIL, GAS & CONSUMABLE FUELS (14.0%) Anadarko Petroleum 191,961 8,956,900 Apache 132,448 9,602,480 Chevron 1,389,513 108,090,215 ConocoPhillips 740,230 51,334,951 Exxon Mobil 1,515,707 120,316,821 Hess 62,794 3,563,560 Marathon Oil 187,878 19,079,011 Occidental Petroleum 401,348 20,348,344 --------------- Total 341,292,282 - ----------------------------------------------------------------------------------- PERSONAL PRODUCTS (--%) Alberto-Culver 41,634 1,011,290 - ----------------------------------------------------------------------------------- PHARMACEUTICALS (9.2%) Abbott Laboratories 551,435 31,222,250 Bristol-Myers Squibb 59,422 1,714,919 Forest Laboratories 41,862(b) 2,227,477 Johnson & Johnson 1,173,043 75,332,821 King Pharmaceuticals 212,443(b) 4,344,459 Merck & Co 1,074,085 55,250,932 Pfizer 1,851,252 48,984,128 Schering-Plough 118,547 3,761,496 --------------- Total 222,838,482 - ----------------------------------------------------------------------------------- REAL ESTATE INVESTMENT TRUSTS (REITS) (1.1%) Apartment Investment & Management Cl A 47,527 2,628,243 AvalonBay Communities 38,905 4,756,525 Boston Properties 57,543 6,764,755 Kimco Realty 60,365 2,901,746 Simon Property Group 29,178 3,363,640 Vornado Realty Trust 54,501 6,465,454 --------------- Total 26,880,363 - -----------------------------------------------------------------------------------
See accompanying notes to investments in securities. - -------------------------------------------------------------------------------- 2 RIVERSOURCE DISCIPLINED EQUITY FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) ROAD & RAIL (0.1%) Avis Budget Group 13,026(b) $366,421 Norfolk Southern 45,159 2,404,266 --------------- Total 2,770,687 - ----------------------------------------------------------------------------------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (0.6%) Intel 428,480 9,212,320 NVIDIA 194,519(b) 6,397,730 --------------- Total 15,610,050 - ----------------------------------------------------------------------------------- SOFTWARE (6.6%) Adobe Systems 77,430(b) 3,217,991 Autodesk 51,339(b) 2,118,761 BMC Software 72,977(b) 2,362,265 Electronic Arts 110,928(b) 5,591,880 Intuit 45,368(b) 1,290,720 Microsoft 2,410,424 72,168,094 Oracle 3,719,011(b) 69,917,406 Symantec 135,185(b) 2,379,256 --------------- Total 159,046,373 - ----------------------------------------------------------------------------------- SPECIALTY RETAIL (2.8%) AutoNation 46,675(b) 954,037 Bed Bath & Beyond 42,853(b) 1,745,831 Best Buy 42,683 1,991,162 Gap 46,100 827,495 Home Depot 1,096,308 41,517,185 Lowe's Companies 502,172 15,346,376 RadioShack 76,600 2,226,762 Sherwin-Williams 53,160 3,390,013 --------------- Total 67,998,861 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) TEXTILES, APPAREL & LUXURY GOODS (1.1%) Coach 179,536(b) $8,766,742 Jones Apparel Group 45,056 1,504,420 Liz Claiborne 54,222 2,424,808 Nike Cl B 110,874 5,971,674 Polo Ralph Lauren 32,635 3,006,010 VF 69,819 6,130,806 --------------- Total 27,804,460 - ----------------------------------------------------------------------------------- THRIFTS & MORTGAGE FINANCE (4.3%) Countrywide Financial 136,152 5,048,516 Fannie Mae 912,939 53,790,367 Freddie Mac 370,677 24,012,456 MGIC Investment 83,228(d) 5,127,677 Washington Mutual 371,876 15,611,354 --------------- Total 103,590,370 - ----------------------------------------------------------------------------------- TOBACCO (2.1%) Altria Group 567,796 39,132,500 Reynolds American 65,229 4,191,616 UST 119,069 6,748,831 --------------- Total 50,072,947 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) TRADING COMPANIES & DISTRIBUTORS (0.1%) WW Grainger 26,000 $2,148,120 - ----------------------------------------------------------------------------------- TOTAL COMMON STOCKS (Cost: $2,111,199,935) $2,389,299,640 - -----------------------------------------------------------------------------------
MONEY MARKET FUND (1.6%)(E) SHARES VALUE(A) RiverSource Short-Term Cash Fund 38,363,736(g) $38,363,736 - ----------------------------------------------------------------------------------- TOTAL MONEY MARKET FUND (Cost: $38,363,736) $38,363,736 - ----------------------------------------------------------------------------------- TOTAL INVESTMENTS IN SECURITIES (Cost: $2,149,563,671)(h) $2,427,663,376 ===================================================================================
NOTES TO INVESTMENTS IN SECURITIES (a) Securities are valued by procedures described in Note 1 to the financial statements in the most recent Semiannual Report dated Jan. 31, 2007. (b) Non-income producing. (c) Foreign security values are stated in U.S. dollars. At April 30, 2007, the value of foreign securities represented 0.4% of net assets. (d) At April 30, 2007, security was partially or fully on loan. (e) Cash collateral received from security lending activity is invested in an affiliated money market fund and represents 0.6% of net assets. 1.0% of net assets is the Fund's cash equivalent position. (f) Partially pledged as initial margin deposit on the following open stock index futures contracts:
TYPE OF SECURITY CONTRACTS - ------------------------------------------------------------------------------ PURCHASE CONTRACTS S&P 500 Index, June 2007 62 - ------------------------------------------------------------------------------
(g) Affiliated Money Market Fund -- The Fund may invest its daily cash balance in RiverSource Short-Term Cash Fund, a money market fund established for the exclusive use of the RiverSource funds and other institutional clients of RiverSource Investments. (h) At April 30, 2007, the cost of securities for federal income tax purposes was approximately $2,149,564,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was: Unrealized appreciation $305,515,000 Unrealized depreciation (27,416,000) - --------------------------------------------------------------------------------- Net unrealized appreciation $278,099,000 - ---------------------------------------------------------------------------------
The Global Industry Classification Standard (GICS) was developed by and is the exclusive property of Morgan Stanley Capital International Inc. and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. - -------------------------------------------------------------------------------- 3 RIVERSOURCE DISCIPLINED EQUITY FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007 HOW TO FIND INFORMATION ABOUT THE FUND'S PORTFOLIO HOLDINGS (i) The Fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (Commission) for the first and third quarters of each fiscal year on Form N-Q; (ii) The Fund's Forms N-Q are available on the Commission's website at http://www.sec.gov; (iii)The Fund's Forms N-Q may be reviewed and copied at the Commission's Public Reference Room in Washington, DC (information on the operations of the Public Reference Room may be obtained by calling 1-800-SEC-0330); and (iv) The Fund's complete schedule of portfolio holdings, as disclosed in its annual and semiannual shareholder reports and in its filings on Form N-Q, can be found at riversource.com/funds. - -------------------------------------------------------------------------------- 4 RIVERSOURCE DISCIPLINED EQUITY FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007 PORTFOLIO HOLDINGS FOR RIVERSOURCE GROWTH FUND AT APRIL 30, 2007 INVESTMENTS IN SECURITIES APRIL 30, 2007 (UNAUDITED) (Percentages represent value of investments compared to net assets)
COMMON STOCKS (95.2%) ISSUER SHARES VALUE(A) AEROSPACE & DEFENSE (2.1%) Boeing 517,321 $48,110,853 Honeywell Intl 329,262 17,839,415 Lockheed Martin 89,507 8,605,203 --------------- Total 74,555,471 - ----------------------------------------------------------------------------------- BEVERAGES (2.9%) Anheuser-Busch Companies 338,165 16,634,336 Coca-Cola 347,444 18,133,102 PepsiCo 980,169 64,779,370 --------------- Total 99,546,808 - ----------------------------------------------------------------------------------- BIOTECHNOLOGY (4.9%) Amgen 1,120,269(b) 71,854,054 Biogen Idec 517,786(b) 24,444,677 Genentech 909,301(b) 72,734,987 --------------- Total 169,033,718 - ----------------------------------------------------------------------------------- CAPITAL MARKETS (1.4%) Fortress Investment Group LLC Cl A 379,982(d) 11,023,278 KKR Private Equity Investors LP Unit 1,552,305(f) 37,876,242 --------------- Total 48,899,520 - ----------------------------------------------------------------------------------- COMMUNICATIONS EQUIPMENT (9.3%) Alcatel-Lucent ADR 1,323,641(c) 17,538,243 Ciena 122,846(b) 3,582,189 Cisco Systems 1,904,970(b) 50,938,898 JDS Uniphase 1,123,097(b) 18,508,639 QUALCOMM 3,412,535 149,469,032 Telefonaktiebolaget LM Ericsson ADR 1,582,055(c,d) 60,387,039 Tellabs 2,151,775(b) 22,851,851 --------------- Total 323,275,891 - ----------------------------------------------------------------------------------- COMPUTERS & PERIPHERALS (2.9%) Apple 512,178(b) 51,115,364 Brocade Communications Systems 127,906(b) 1,249,642 Dell 294,049(b) 7,412,975 Hewlett-Packard 704,171 29,673,766 SanDisk 233,751(b) 10,156,481 --------------- Total 99,608,228 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) DIVERSIFIED TELECOMMUNICATION SERVICES (4.4%) AT&T 1,229,622 $47,610,964 Chunghwa Telecom ADR 72,740(c) 1,447,526 COLT Telecom Group 1,117,719(b,c) 3,598,336 Embarq 315,335 18,932,713 France Telecom 561,307(c) 16,412,072 Qwest Communications Intl 5,071,518(b) 45,035,080 Telecom Italia 2,151,733(c) 6,455,349 Telefonica 602,853(c) 13,539,474 --------------- Total 153,031,514 - ----------------------------------------------------------------------------------- FOOD & STAPLES RETAILING (0.6%) CVS Caremark 201,326 7,296,054 Safeway 193,770 7,033,851 Wal-Mart Stores 123,468 5,916,587 --------------- Total 20,246,492 - ----------------------------------------------------------------------------------- FOOD PRODUCTS (1.3%) Kellogg 425,177 22,496,115 Kraft Foods Cl A 636,833 21,314,801 --------------- Total 43,810,916 - ----------------------------------------------------------------------------------- HEALTH CARE EQUIPMENT & SUPPLIES (2.5%) Boston Scientific 3,902,533(b) 60,255,110 Medtronic 413,734 21,898,941 Zimmer Holdings 59,351(b) 5,370,078 --------------- Total 87,524,129 - ----------------------------------------------------------------------------------- HEALTH CARE PROVIDERS & SERVICES (3.9%) Cardinal Health 804,802 56,295,899 Humana 208,492(b) 13,185,034 McKesson 614,195 36,133,092 UnitedHealth Group 561,111 29,772,550 --------------- Total 135,386,575 - ----------------------------------------------------------------------------------- HOTELS, RESTAURANTS & LEISURE (0.9%) Harrah's Entertainment 217,121 18,520,422 Pinnacle Entertainment 433,253(b) 12,165,744 --------------- Total 30,686,166 - ----------------------------------------------------------------------------------- HOUSEHOLD DURABLES (2.8%) Harman Intl Inds 791,703 96,500,679 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) HOUSEHOLD PRODUCTS (3.5%) Colgate-Palmolive 601,212 $40,726,101 Procter & Gamble 1,198,085 77,048,846 Spectrum Brands 802,319(b,d) 5,584,140 --------------- Total 123,359,087 - ----------------------------------------------------------------------------------- INDUSTRIAL CONGLOMERATES (1.9%) General Electric 1,786,394 65,846,483 - ----------------------------------------------------------------------------------- INSURANCE (2.5%) ACE 245,058(c) 14,571,149 AFLAC 77,624 3,985,216 American Intl Group 696,550 48,695,810 Hartford Financial Services Group 40,168 4,065,002 Prudential Financial 180,240 17,122,800 --------------- Total 88,439,977 - ----------------------------------------------------------------------------------- INTERNET SOFTWARE & SERVICES (3.9%) eBay 1,031,933(b) 35,023,806 Google Cl A 215,036(b) 101,363,670 --------------- Total 136,387,476 - ----------------------------------------------------------------------------------- IT SERVICES (1.3%) First Data 1,325,652 42,951,125 HCL Technologies 240,310(c) 1,950,549 --------------- Total 44,901,674 - ----------------------------------------------------------------------------------- MACHINERY (0.3%) Flowserve 190,918 11,647,907 - ----------------------------------------------------------------------------------- MEDIA (9.6%) Charter Communications Cl A 2,717,734(b) 8,207,557 Comcast Cl A 968,047(b,d) 25,808,133 Idearc 18,849 655,003 News Corp Cl A 754,236 16,887,344 Time Warner Cable Cl A 93,358(b) 3,437,442 Virgin Media 7,948,749(g) 200,546,936 Vivendi 632,519(c,d) 26,088,139 WorldSpace Cl A 419,274(b,d) 1,425,532 XM Satellite Radio Holdings Cl A 4,462,421(b,g) 52,210,325 --------------- Total 335,266,411 - -----------------------------------------------------------------------------------
See accompanying notes to investments in securities. - -------------------------------------------------------------------------------- 1 RIVERSOURCE GROWTH FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) METALS & MINING (2.1%) Barrick Gold 233,751(c) $6,570,741 Coeur d'Alene Mines 4,180,885(b) 17,099,820 Gold Fields ADR 286,931(c) 5,156,150 Goldcorp 198,897(c) 4,841,153 Harmony Gold Mining ADR 333,040(b,c) 5,288,675 Kinross Gold 439,961(b,c) 5,864,680 Newmont Mining 606,738 25,300,974 Stillwater Mining 256,952(b) 3,957,061 --------------- Total 74,079,254 - ----------------------------------------------------------------------------------- OIL, GAS & CONSUMABLE FUELS (3.8%) Chevron 144,847 11,267,648 Exxon Mobil 813,538 64,578,647 Kinder Morgan Management LLC --(b) 17 Range Resources 44,646 1,631,811 Total 519,615(c) 38,300,902 Valero Energy 229,241 16,099,595 --------------- Total 131,878,620 - ----------------------------------------------------------------------------------- PHARMACEUTICALS (8.8%) AstraZeneca 1,158,953(c) 63,028,460 Bristol-Myers Squibb 621,282 17,930,199 Eli Lilly & Co 516,717 30,553,476 Johnson & Johnson 459,628 29,517,310 Merck & Co 1,445,559 74,359,554 Pfizer 2,152,041 56,943,005 Schering-Plough 799,724 25,375,243 Wyeth 168,072 9,327,996 --------------- Total 307,035,243 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (2.6%) Atmel 3,212,277(b) $17,089,314 Broadcom Cl A 104,665(b) 3,406,846 Intel 1,580,649 33,983,953 LSI 2,656,141(b) 22,577,198 Spansion Cl A 1,314,629(b) 12,909,657 United Microelectronics ADR 232,402(c) 762,279 --------------- Total 90,729,247 - ----------------------------------------------------------------------------------- SOFTWARE (3.1%) Business Objects ADR 382,930(b,c) 14,363,704 Microsoft 2,127,001 63,682,410 Oracle 397,046(b) 7,464,465 Symantec 1,199,934(b) 21,118,838 --------------- Total 106,629,417 - ----------------------------------------------------------------------------------- SPECIALTY RETAIL (0.3%) TJX Companies 327,663 9,138,521 - ----------------------------------------------------------------------------------- THRIFTS & MORTGAGE FINANCE (0.5%) Countrywide Financial 440,995 16,352,095 - ----------------------------------------------------------------------------------- TOBACCO (1.8%) Altria Group 920,247 63,423,423 - ----------------------------------------------------------------------------------- WIRELESS TELECOMMUNICATION SERVICES (9.3%) ALLTEL 455,921 28,581,687 Clearwire Cl A 234,914(b) 4,212,008 Hutchison Telecommunications Intl 10,840,402(b,c) 22,229,047 Maxis Communications 2,333,469(c) 9,893,363 Millicom Intl Cellular 227,753(b,c) 18,504,931 Orascom Telecom Holding GDR 125,593(c,d) 8,452,409 Sprint Nextel 3,304,717 66,193,482 Vivo Participacoes ADR 1,674,200(c) 7,634,352
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) WIRELESS TELECOMMUNICATION SERVICES (CONT.) Vodafone Group 47,235,327(c) $134,377,091 Vodafone Group ADR 797,317(c) 22,906,917 --------------- Total 322,985,287 - ----------------------------------------------------------------------------------- TOTAL COMMON STOCKS (Cost: $2,975,734,325) $3,310,206,229 - -----------------------------------------------------------------------------------
OPTIONS PURCHASED (0.7%) EXERCISE EXPIRATION ISSUER CONTRACTS PRICE DATE VALUE(A) CALLS QUALCOMM 1,163 $50.00 Jan. 2008 $267,490 Virgin Media 33,290 27.50 June 2007 1,331,600 Virgin Media 11,090 27.50 Jan. 2008 2,079,375 - -------------------------------------------------------------------------------------------------------------------------- PUTS Mini Nasdaq 100 Index 11,547 177.50 June 2007 1,558,845 Nasdaq 100 Trust Series 1 175,699 44.00 June 2007 7,027,960 XM Satellite Radio Holdings Cl A 33,632 15.00 Jan. 2008 12,948,320 - -------------------------------------------------------------------------------------------------------------------------- TOTAL OPTIONS PURCHASED (Cost: $40,857,224) $25,213,590 - --------------------------------------------------------------------------------------------------------------------------
MONEY MARKET FUND (6.9%)(e) SHARES VALUE(A) RiverSource Short-Term Cash Fund 239,478,979(h) $239,478,979 - ----------------------------------------------------------------------------------- TOTAL MONEY MARKET FUND (Cost: $239,478,979) $239,478,979 - ----------------------------------------------------------------------------------- TOTAL INVESTMENTS IN SECURITIES (Cost: $3,256,070,528)(i) $3,574,898,798 ===================================================================================
NOTES TO INVESTMENTS IN SECURITIES (a) Securities are valued by procedures described in Note 1 to the financial statements in the most recent Semiannual Report dated Jan. 31, 2007. (b) Non-income producing. (c) Foreign security values are stated in U.S. dollars. At April 30, 2007, the value of foreign securities represented 15.3% of net assets. (d) At April 30, 2007, security was partially or fully on loan. (e) Cash collateral received from security lending activity is invested in an affiliated money market fund and represents 1.4% of net assets. 5.5% of net assets is the Fund's cash equivalent position. (f) Identifies issues considered to be illiquid as to their marketability. These securities may be valued at fair value according to methods selected in good faith by the Fund's Board of Directors. Information concerning such security holdings at April 30, 2007, is as follows:
ACQUISITION SECURITY DATES COST - ---------------------------------------------------------------------------------------------------------- KKR Private Equity Investors LP Unit 05-01-06 thru 12-14-06 $34,762,738
- -------------------------------------------------------------------------------- 2 RIVERSOURCE GROWTH FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007 NOTES TO INVESTMENTS IN SECURITIES (CONTINUED) (g) At April 30, 2007, securities valued at $151,320,180 were held to cover open call options written as follows:
EXERCISE EXPIRATION ISSUER CONTRACTS PRICE DATE VALUE(A) - -------------------------------------------------------------------------------------------------------------------------------- Virgin Media 33,290 $30.00 June 2007 $166,450 Virgin Media 11,090 30.00 Jan. 2008 1,136,725 XM Satellite Radio Holdings Cl A 33,632 20.00 Jan. 2008 924,880 - -------------------------------------------------------------------------------------------------------------------------------- Total value $2,228,055 - --------------------------------------------------------------------------------------------------------------------------------
At April 30, 2007, cash or short-term securities were designated to cover open put options written as follows:
EXERCISE EXPIRATION ISSUER CONTRACTS PRICE DATE VALUE(A) - -------------------------------------------------------------------------------------------------------------------------------- XM Satellite Radio Holdings Cl A 33,632 $12.50 Jan. 2008 $7,062,720
(h) Affiliated Money Market Fund -- The Fund may invest its daily cash balance in RiverSource Short-Term Cash Fund, a money market fund established for the exclusive use of the RiverSource funds and other institutional clients of RiverSource Investments. (i) At April 30, 2007, the cost of securities for federal income tax purposes was approximately $3,256,071,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was: Unrealized appreciation $384,510,000 Unrealized depreciation (65,682,000) - --------------------------------------------------------------------------------- Net unrealized appreciation $318,828,000 - ---------------------------------------------------------------------------------
The Global Industry Classification Standard (GICS) was developed by and is the exclusive property of Morgan Stanley Capital International Inc. and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. HOW TO FIND INFORMATION ABOUT THE FUND'S PORTFOLIO HOLDINGS (i) The Fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (Commission) for the first and third quarters of each fiscal year on Form N-Q; (ii) The Fund's Forms N-Q are available on the Commission's website at http://www.sec.gov; (iii)The Fund's Forms N-Q may be reviewed and copied at the Commission's Public Reference Room in Washington, DC (information on the operations of the Public Reference Room may be obtained by calling 1-800-SEC-0330); and (iv) The Fund's complete schedule of portfolio holdings, as disclosed in its annual and semiannual shareholder reports and in its filings on Form N-Q, can be found at riversource.com/funds. - -------------------------------------------------------------------------------- 3 RIVERSOURCE GROWTH FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007 PORTFOLIO HOLDINGS FOR RIVERSOURCE LARGE CAP EQUITY FUND AT APRIL 30, 2007 INVESTMENTS IN SECURITIES APRIL 30, 2007 (UNAUDITED) (Percentages represent value of investments compared to net assets)
COMMON STOCKS (96.0%) ISSUER SHARES VALUE(A) AEROSPACE & DEFENSE (3.7%) Boeing 876,801 $81,542,494 DRS Technologies 60,985 3,068,155 General Dynamics 94,053 7,383,161 Goodrich 352,779 20,051,958 Honeywell Intl 1,215,940 65,879,629 L-3 Communications Holdings 147,639 13,277,175 Lockheed Martin 246,925 23,739,370 Northrop Grumman 188,825 13,905,073 United Technologies 366,772 24,621,404 --------------- Total 253,468,419 - ----------------------------------------------------------------------------------- AIR FREIGHT & LOGISTICS (0.1%) United Parcel Service Cl B 53,240 3,749,693 - ----------------------------------------------------------------------------------- AIRLINES (0.1%) UAL 157,267(b) 5,252,718 - ----------------------------------------------------------------------------------- AUTO COMPONENTS (0.1%) Goodyear Tire & Rubber 31,525(b) 1,048,522 Johnson Controls 32,969 3,373,717 --------------- Total 4,422,239 - ----------------------------------------------------------------------------------- AUTOMOBILES (0.1%) Ford Motor 318,079(e) 2,557,355 General Motors 95,247 2,974,564 --------------- Total 5,531,919 - ----------------------------------------------------------------------------------- BEVERAGES (1.9%) Anheuser-Busch Companies 347,399 17,088,557 Brown-Forman Cl B 14,000 895,020 Coca-Cola 709,923 37,050,881 Coca-Cola Enterprises 49,261 1,080,786 Constellation Brands Cl A 136,391(b) 3,056,522 Molson Coors Brewing Cl B 8,291 781,675 Pepsi Bottling Group 24,670 809,423 PepsiCo 1,048,785 69,314,202 --------------- Total 130,077,066 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) BIOTECHNOLOGY (2.2%) Amgen 1,079,516(b) $69,240,156 Biogen Idec 545,293(b) 25,743,283 Genentech 616,509(b) 49,314,555 Gilead Sciences 68,125(b) 5,567,175 --------------- Total 149,865,169 - ----------------------------------------------------------------------------------- BUILDING PRODUCTS (0.1%) Masco 222,577(e) 6,056,320 - ----------------------------------------------------------------------------------- CAPITAL MARKETS (3.3%) Bank of New York 267,508 10,828,724 Bear Stearns Companies 19,750 3,075,075 Charles Schwab 135,541 2,591,544 Fortress Investment Group LLC Cl A 298,226(e) 8,651,536 Franklin Resources 178,067 23,381,978 Goldman Sachs Group 101,617 22,214,492 KKR Private Equity Investors LP Unit 1,178,868(g) 28,764,379 Lehman Brothers Holdings 433,758 32,653,302 Merrill Lynch & Co 415,001 37,445,540 Morgan Stanley 492,087 41,340,230 State Street 227,586 15,673,848 --------------- Total 226,620,648 - ----------------------------------------------------------------------------------- CHEMICALS (1.0%) Air Products & Chemicals 37,825 2,893,613 Ashland 42,913 2,572,634 Dow Chemical 526,760 23,498,764 Eastman Chemical 105,240 7,124,748 Ecolab 30,027 1,290,861 EI du Pont de Nemours & Co 268,306 13,192,606 Hercules 20,171(b) 380,022 Intl Flavors & Fragrances 13,799 671,597 Monsanto 91,489 5,396,936 PPG Inds 28,369 2,087,391 Praxair 54,375 3,509,906 Rohm & Haas 23,908 1,223,372 Sigma-Aldrich 23,426 985,766 --------------- Total 64,828,216 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) COMMERCIAL BANKS (2.3%) BB&T 91,067 $3,790,209 Comerica 26,744 1,655,721 Commerce Bancorp 33,248 1,111,813 Compass Bancshares 21,857 1,490,210 Fifth Third Bancorp 150,920(e) 6,125,843 First Horizon Natl 21,904 858,856 Huntington Bancshares 41,853 928,300 M&T Bank 13,513 1,504,537 Natl City 99,612 3,640,819 PNC Financial Services Group 165,111 12,234,725 Regions Financial 122,740 4,306,947 SunTrust Banks 59,620 5,033,120 Synovus Financial 54,846 1,730,940 US Bancorp 744,108 25,560,110 Wachovia 761,666 42,302,929 Wells Fargo & Co 1,196,090 42,927,669 Zions Bancorporation 18,001 1,472,482 --------------- Total 156,675,230 - ----------------------------------------------------------------------------------- COMMERCIAL SERVICES & SUPPLIES (0.1%) Allied Waste Inds 45,104(b) 603,040 Avery Dennison 33,189 2,064,356 Cintas 24,009 899,617 Equifax 23,302 927,420 Monster Worldwide 19,211(b) 807,823 Robert Half Intl 29,765 991,175 Waste Management 90,093 3,370,378 --------------- Total 9,663,809 - ----------------------------------------------------------------------------------- COMMUNICATIONS EQUIPMENT (4.7%) Alcatel-Lucent 43,541(c) 575,699 Alcatel-Lucent ADR 1,305,072(c) 17,292,204 Ciena 118,328(b) 3,450,444 Cisco Systems 1,971,981(b) 52,730,772 Corning 79,635(b) 1,888,942 JDS Uniphase 945,496(b) 15,581,774 Juniper Networks 203,965(b) 4,560,657 Motorola 772,211 13,382,417 Nokia ADR 222,647(b,c) 5,621,837 QUALCOMM 2,945,739 129,023,369 Telefonaktiebolaget LM Ericsson ADR 1,438,990(c) 54,926,248 Tellabs 2,133,774(b) 22,660,680 --------------- Total 321,695,043 - -----------------------------------------------------------------------------------
See accompanying notes to investments in securities. - -------------------------------------------------------------------------------- 1 RIVERSOURCE LARGE CAP EQUITY FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) COMPUTERS & PERIPHERALS (3.2%) Apple 518,748(b) $51,771,050 Brocade Communications Systems 81,763(b) 798,825 Dell 722,057(b) 18,203,057 EMC 158,287(b) 2,402,797 Hewlett-Packard 1,634,712 68,886,763 Intl Business Machines 561,733 57,414,730 SanDisk 373,087(b) 16,210,630 --------------- Total 215,687,852 - ----------------------------------------------------------------------------------- CONSTRUCTION & ENGINEERING (--%) KBR 133,804(b) 2,764,391 - ----------------------------------------------------------------------------------- CONSTRUCTION MATERIALS (--%) Vulcan Materials 16,209 2,004,567 - ----------------------------------------------------------------------------------- CONSUMER FINANCE (0.8%) American Express 364,204 22,096,257 Capital One Financial 380,918 28,286,971 SLM 68,816 3,704,365 --------------- Total 54,087,593 - ----------------------------------------------------------------------------------- CONTAINERS & PACKAGING (0.2%) Ball 18,508 938,171 Bemis 18,623 618,656 Pactiv 23,635(b) 817,298 Sealed Air 28,106 924,687 Temple-Inland 124,554 7,378,579 --------------- Total 10,677,391 - ----------------------------------------------------------------------------------- DISTRIBUTORS (--%) Genuine Parts 28,696 1,417,869 - ----------------------------------------------------------------------------------- DIVERSIFIED CONSUMER SERVICES (--%) Apollo Group Cl A 24,859(b) 1,175,831 - ----------------------------------------------------------------------------------- DIVERSIFIED FINANCIAL SERVICES (4.8%) Bank of America 2,280,069 116,055,512 Chicago Mercantile Exchange Holdings Cl A 5,862 3,029,189 CIT Group 33,384 1,991,356 Citigroup 2,355,492 126,301,480 Consumer Discretionary Select Sector SPDR Fund 52,400(e) 2,042,552 Financial Select Sector SPDR Fund 130,024(e) 4,809,588 IntercontinentalExchange 3,487(b) 442,849 iShares Dow Jones US Healthcare Sector Index Fund 1 71 JPMorgan Chase & Co 1,355,625 70,628,063 Moody's 39,568 2,616,236 --------------- Total 327,916,896 - ----------------------------------------------------------------------------------- DIVERSIFIED TELECOMMUNICATION SERVICES (3.2%) AT&T 2,441,614 94,539,293 Chunghwa Telecom ADR 46,981(c) 934,922 Citizens Communications 194,387 3,026,606 COLT Telecom Group 717,166(b,c) 2,308,813 Embarq 298,542 17,924,462 France Telecom 360,944(c) 10,553,653 Qwest Communications Intl 3,520,688(b) 31,263,709 Telecom Italia 1,627,404(c) 4,882,325
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) DIVERSIFIED TELECOMMUNICATION SERVICES (CONT.) Telefonica 455,956(c) $10,240,315 Verizon Communications 1,007,972 38,484,370 Windstream 367,959 5,379,561 --------------- Total 219,538,029 - ----------------------------------------------------------------------------------- ELECTRIC UTILITIES (1.7%) Allegheny Energy 27,820(b) 1,487,257 American Electric Power 66,591 3,344,200 Duke Energy 211,392 4,337,764 Edison Intl 56,034 2,933,380 Entergy 180,082 20,374,477 Exelon 401,025 30,241,296 FirstEnergy 53,736 3,677,692 FPL Group 138,525 8,916,854 Hawaiian Electric Inds 69,449 1,827,898 Pinnacle West Capital 62,017 2,994,801 PPL 230,697 10,060,696 Progress Energy 86,260 4,360,443 Southern 598,270 22,608,623 --------------- Total 117,165,381 - ----------------------------------------------------------------------------------- ELECTRICAL EQUIPMENT (0.4%) Cooper Inds Cl A 29,496 1,467,721 Emerson Electric 498,215 23,411,123 Rockwell Automation 27,455 1,634,671 --------------- Total 26,513,515 - ----------------------------------------------------------------------------------- ENERGY EQUIPMENT & SERVICES (0.7%) Baker Hughes 117,012 9,406,595 Cameron Intl 50,692(b) 3,273,182 Halliburton 122,819 3,901,960 Natl Oilwell Varco 70,078(b) 5,946,118 Noble 60,883 5,126,957 Pride Intl 132,356(b) 4,342,600 Transocean 44,703(b) 3,853,399 Weatherford Intl 227,550(b) 11,944,100 --------------- Total 47,794,911 - ----------------------------------------------------------------------------------- FOOD & STAPLES RETAILING (1.1%) Costco Wholesale 137,391 7,360,036 CVS Caremark 864,854 31,342,309 Safeway 305,761 11,099,124 SYSCO 104,168 3,410,460 Wal-Mart Stores 363,476 17,417,770 Whole Foods Market 24,087 1,127,031 --------------- Total 71,756,730 - ----------------------------------------------------------------------------------- FOOD PRODUCTS (1.3%) Archer-Daniels-Midland 110,761 4,286,451 Campbell Soup 157,085 6,142,024 ConAgra Foods 88,089 2,165,228 Dean Foods 31,301 1,140,295 General Mills 140,350 8,406,965 Groupe Danone 10,270(c) 1,688,407 Hershey 29,302 1,610,438 HJ Heinz 55,525 2,615,783 Kellogg 501,568 26,537,963 Kraft Foods Cl A 927,993 31,059,925 McCormick & Co 23,235 862,483 Sara Lee 125,859 2,065,346 Tyson Foods Cl A 42,307 886,755 WM Wrigley Jr 38,017 2,238,441 --------------- Total 91,706,504 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) GAS UTILITIES (0.1%) Nicor 8,082 $414,122 ONEOK 158,091 7,653,185 Questar 14,995 1,456,464 --------------- Total 9,523,771 - ----------------------------------------------------------------------------------- HEALTH CARE EQUIPMENT & SUPPLIES (1.6%) Bausch & Lomb 88,110 5,183,511 Boston Scientific 4,160,466(b) 64,237,595 Cooper Companies 131,706 6,730,177 Medtronic 469,255 24,837,667 St. Jude Medical 35,756(b) 1,529,999 Stryker 20,885 1,356,272 Zimmer Holdings 63,592(b) 5,753,804 --------------- Total 109,629,025 - ----------------------------------------------------------------------------------- HEALTH CARE PROVIDERS & SERVICES (2.3%) Aetna 310,545 14,558,350 Cardinal Health 757,750 53,004,612 CIGNA 56,552 8,798,926 Coventry Health Care 26,797(b) 1,549,671 Express Scripts 22,776(b) 2,176,247 Humana 161,924(b) 10,240,074 Laboratory Corp of America Holdings 21,088(b) 1,664,687 Manor Care 13,314 863,945 McKesson 492,960 29,000,837 Patterson Companies 24,574(b) 886,138 Quest Diagnostics 26,898 1,315,043 Tenet Healthcare 83,346(b) 618,427 UnitedHealth Group 666,561 35,367,726 --------------- Total 160,044,683 - ----------------------------------------------------------------------------------- HEALTH CARE TECHNOLOGY (--%) IMS Health 35,089 1,029,160 - ----------------------------------------------------------------------------------- HOTELS, RESTAURANTS & LEISURE (1.1%) Carnival Unit 98,212 4,801,585 Chipotle Mexican Grill Cl A 20,825(b,e) 1,358,415 Chipotle Mexican Grill Cl B 6,988(b) 418,721 Harrah's Entertainment 183,544 15,656,302 Intl Game Technology 88,047 3,358,113 Marriott Intl Cl A 341,301 15,430,218 McDonald's 261,620 12,631,014 Orient-Express Hotels Series A 33,207(c) 1,748,349 Pinnacle Entertainment 539,310(b) 15,143,825 Royal Caribbean Cruises 30,471 1,266,679 Starbucks 60,957(b) 1,890,886 Yum! Brands 14,828 917,260 --------------- Total 74,621,367 - ----------------------------------------------------------------------------------- HOUSEHOLD DURABLES (1.5%) Black & Decker 11,112 1,008,081 DR Horton 463,636 10,283,446 Fortune Brands 25,492 2,041,909 Harman Intl Inds 524,937 63,984,572 Hovnanian Enterprises Cl A 180,485(b,e) 4,329,835 Leggett & Platt 31,558 742,244 Lennar Cl A 103,875 4,436,501 Meritage Homes 54,519(b) 1,897,806 Newell Rubbermaid 46,714 1,432,718 NVR 2,388(b) 1,967,712
See accompanying notes to investments in securities. - -------------------------------------------------------------------------------- 2 RIVERSOURCE LARGE CAP EQUITY FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) HOUSEHOLD DURABLES (CONT.) Snap-On 10,370 $565,165 Standard-Pacific 161,023 3,357,330 Stanley Works 13,690 797,853 Toll Brothers 35,986(b) 1,071,663 Whirlpool 13,662 1,448,582 --------------- Total 99,365,417 - ----------------------------------------------------------------------------------- HOUSEHOLD PRODUCTS (2.2%) Clorox 25,585 1,716,242 Colgate-Palmolive 613,854 41,582,470 Kimberly-Clark 77,235 5,496,815 Procter & Gamble 1,471,808 94,651,972 Spectrum Brands 1,208,895(b,e) 8,413,909 --------------- Total 151,861,408 - ----------------------------------------------------------------------------------- INDEPENDENT POWER PRODUCERS & ENERGY TRADERS (0.2%) AES 111,810(b) 2,458,702 Constellation Energy Group 30,302 2,700,514 Dynegy Cl A 68,036(b) 640,219 TXU 77,309 5,069,924 --------------- Total 10,869,359 - ----------------------------------------------------------------------------------- INDUSTRIAL CONGLOMERATES (2.3%) 3M 58,903 4,875,401 General Electric 3,689,721 136,003,116 Tyco Intl 413,465(c) 13,491,363 --------------- Total 154,369,880 - ----------------------------------------------------------------------------------- INSURANCE (4.5%) ACE 625,126(c) 37,169,992 AFLAC 470,196 24,139,863 American Intl Group 1,629,950 113,949,805 Aon 88,742 3,438,753 Arch Capital Group 52,852(b,c) 3,848,683 Aspen Insurance Holdings 90,546(c) 2,400,374 Chubb 172,785 9,301,017 Endurance Specialty Holdings 65,694(c) 2,458,269 Hartford Financial Services Group 437,660 44,291,192 Lincoln Natl 11,947 850,029 MetLife 174,559 11,468,526 Principal Financial Group 10,029 636,741 Prudential Financial 507,965 48,256,675 XL Capital Cl A 71,484(c) 5,574,322 --------------- Total 307,784,241 - ----------------------------------------------------------------------------------- INTERNET & CATALOG RETAIL (0.1%) IAC/InterActiveCorp 36,085(b) 1,375,560 Liberty Media - Interactive Cl A 299,940(b,d) 7,507,498 --------------- Total 8,883,058 - ----------------------------------------------------------------------------------- INTERNET SOFTWARE & SERVICES (1.8%) eBay 940,252(b) 31,912,153 Google Cl A 175,818(b) 82,877,089 VeriSign 156,811(b) 4,288,781 Yahoo! 202,212(b) 5,670,024 --------------- Total 124,748,047 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) IT SERVICES (1.3%) Accenture Cl A 49,665(c) $1,941,902 Affiliated Computer Services Cl A 150,636(b) 9,024,603 Automatic Data Processing 229,599 10,276,851 Broadridge Financial Solutions 1(b) 20 Cognizant Technology Solutions Cl A 43,876(b) 3,922,514 Computer Sciences 18,702(b) 1,038,709 Convergys 17,435(b) 440,408 Electronic Data Systems 231,358 6,764,908 Fidelity Natl Information Services 26,803 1,354,356 First Data 1,225,215 39,696,965 HCL Technologies 500,668(c) 4,063,824 Ness Technologies 93,968(b,c) 1,253,533 Paychex 125,291 4,648,296 Satyam Computer Services ADR 110,219(c) 2,742,249 Unisys 62,053(b) 486,496 Western Union 52,919 1,113,945 --------------- Total 88,769,579 - ----------------------------------------------------------------------------------- LEISURE EQUIPMENT & PRODUCTS (--%) Eastman Kodak 48,415 1,206,018 - ----------------------------------------------------------------------------------- LIFE SCIENCES TOOLS & SERVICES (0.1%) PerkinElmer 215,913 5,225,095 - ----------------------------------------------------------------------------------- MACHINERY (1.4%) Caterpillar 476,132 34,576,705 Danaher 39,703 2,826,457 Deere & Co 147,419 16,127,639 Dover 35,131 1,690,504 Flowserve 340,399 20,767,742 Illinois Tool Works 53,993 2,770,381 Ingersoll-Rand Cl A 62,377(c) 2,785,133 ITT 65,059 4,151,415 Navistar Intl 11,552(b) 641,483 Parker Hannifin 121,380 11,183,953 --------------- Total 97,521,412 - ----------------------------------------------------------------------------------- MEDIA (6.3%) CBS Cl B 4,892 155,419 Charter Communications Cl A 2,185,043(b) 6,598,830 Clear Channel Communications 42,364 1,500,957 Comcast Cl A 1,087,814(b) 29,001,121 Comcast Special Cl A 299,486(b) 7,906,430 EchoStar Communications Cl A 84,505(b) 3,932,018 Idearc 12,741 442,750 McGraw-Hill Companies 22,185 1,453,783 News Corp Cl A 2,751,851 61,613,944 Time Warner 1,645,342 33,943,405 Time Warner Cable Cl A 60,128(b) 2,213,913 Viacom Cl B 378,235(b) 15,602,194 Virgin Media 6,168,597(i) 155,633,701 Vivendi 1,195,687(c,e) 49,315,908 Walt Disney 451,418 15,790,602 WorldSpace Cl A 276,554(b,e) 940,284
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) MEDIA (CONT.) XM Satellite Radio Holdings Cl A 3,428,085(b,i) $40,108,595 --------------- Total 426,153,854 - ----------------------------------------------------------------------------------- METALS & MINING (1.1%) Alcan 37,704(c) 2,219,634 Alcoa 343,100 12,176,619 Allegheny Technologies 16,961 1,858,586 Barrick Gold 150,858(c) 4,240,618 Coeur d'Alene Mines 2,688,482(b) 10,995,891 Freeport-McMoRan Copper & Gold 95,582 6,419,287 Gold Fields ADR 186,460(c) 3,350,686 Goldcorp 128,364(c) 3,124,380 Harmony Gold Mining ADR 214,938(b,c) 3,413,215 Kinross Gold 285,905(b,c) 3,811,114 Newmont Mining 466,654 19,459,473 Nucor 50,875 3,228,528 Stillwater Mining 165,832(b) 2,553,813 --------------- Total 76,851,844 - ----------------------------------------------------------------------------------- MULTILINE RETAIL (0.9%) Family Dollar Stores 139,676 4,447,284 Federated Department Stores 172,600 7,580,592 JC Penney 149,996 11,863,184 Kohl's 65,995(b) 4,886,270 Target 587,145 34,858,798 --------------- Total 63,636,128 - ----------------------------------------------------------------------------------- MULTI-UTILITIES (0.8%) Ameren 35,474 1,864,868 CenterPoint Energy 55,621 1,047,343 CMS Energy 39,546 732,392 Consolidated Edison 44,165 2,263,898 Dominion Resources 277,421 25,300,796 DTE Energy 29,959 1,515,626 Integrys Energy Group 12,897 723,522 KeySpan 30,799 1,275,387 NiSource 48,066 1,181,943 PG&E 58,719 2,971,181 Public Service Enterprise Group 42,456 3,670,321 Sempra Energy 44,134 2,801,626 TECO Energy 37,193 667,614 Xcel Energy 314,229 7,569,777 --------------- Total 53,586,294 - ----------------------------------------------------------------------------------- OIL, GAS & CONSUMABLE FUELS (7.9%) Anadarko Petroleum 110,408 5,151,637 BP ADR 90,671(c) 6,103,972 Canadian Natural Resources 17,654(c) 1,052,355 Chesapeake Energy 199,462 6,731,843 Chevron 1,189,985 92,568,933 ConocoPhillips 556,777 38,612,485 CONSOL Energy 31,514 1,319,491 Devon Energy 102,118 7,441,339 El Paso 113,000 1,695,000 Exxon Mobil 2,856,958 226,785,325 Kinder Morgan 18,028 1,921,064 Occidental Petroleum 215,296 10,915,507 Peabody Energy 44,990 2,158,620
See accompanying notes to investments in securities. - -------------------------------------------------------------------------------- 3 RIVERSOURCE LARGE CAP EQUITY FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) OIL, GAS & CONSUMABLE FUELS (CONT.) Petroleo Brasileiro ADR 11,893(c) $1,203,928 Range Resources 60,344 2,205,573 Royal Dutch Shell ADR 53,408(c) 3,703,845 Ship Finance Intl 135,902(c,e) 4,041,725 Spectra Energy 103,820 2,709,702 Sunoco 104,769 7,913,203 Total 846,048(c) 62,362,329 Valero Energy 480,397 33,738,281 Williams Companies 99,225 2,927,138 XTO Energy 109,577 5,946,744 --------------- Total 529,210,039 - ----------------------------------------------------------------------------------- PAPER & FOREST PRODUCTS (0.4%) Bowater 125,709(e) 2,751,770 Intl Paper 297,709 11,229,583 MeadWestvaco 31,934 1,065,318 Weyerhaeuser 189,640 15,023,282 --------------- Total 30,069,953 - ----------------------------------------------------------------------------------- PERSONAL PRODUCTS (0.1%) Avon Products 74,917 2,981,697 Estee Lauder Companies Cl A 19,422 998,679 --------------- Total 3,980,376 - ----------------------------------------------------------------------------------- PHARMACEUTICALS (7.0%) AstraZeneca 782,285(c) 42,543,760 Bristol-Myers Squibb 1,532,450 44,226,507 Eli Lilly & Co 736,293 43,537,005 GlaxoSmithKline ADR 78,614(c) 4,542,317 Johnson & Johnson 434,729 27,918,296 Merck & Co 1,887,800 97,108,432 Novartis ADR 76,490(c) 4,443,304 Pfizer 4,907,566 129,854,196 Roche Holding 28,657(c) 5,396,541 Schering-Plough 1,255,920(h) 39,850,342 Teva Pharmaceutical Inds ADR 229,225(c) 8,781,610 Watson Pharmaceuticals 185,468(b) 5,063,276 Wyeth 366,809 20,357,900 --------------- Total 473,623,486 - ----------------------------------------------------------------------------------- REAL ESTATE INVESTMENT TRUSTS (REITS) (0.5%) Annaly Capital Management 108,993 1,734,079 Apartment Investment & Management Cl A 99,069 5,478,516 Archstone-Smith Trust 36,775 1,916,345 AvalonBay Communities 13,494 1,649,776 Boston Properties 20,054 2,357,548 Developers Diversified Realty 21,405 1,393,466 Equity Residential 50,150 2,328,465 HomeBanc 542,959 1,520,285 Host Hotels & Resorts 87,959 2,255,269 Kimco Realty 38,061 1,829,592 Plum Creek Timber 29,811 1,183,497 ProLogis 43,136 2,795,213 Public Storage 21,248 1,982,863 Simon Property Group 7,607 876,935 Vornado Realty Trust 22,167 2,629,671 --------------- Total 31,931,520 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) REAL ESTATE MANAGEMENT & DEVELOPMENT (--%) CB Richard Ellis Group Cl A 32,823(b) $1,111,059 - ----------------------------------------------------------------------------------- ROAD & RAIL (0.1%) Avis Budget Group 4,885(b) 137,415 CSX 87,547 3,779,404 Norfolk Southern 65,656 3,495,525 --------------- Total 7,412,344 - ----------------------------------------------------------------------------------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (2.1%) Atmel 3,947,248(b) 20,999,359 Broadcom Cl A 172,878(b) 5,627,179 Cypress Semiconductor 377,668(b) 8,618,384 Intel 2,520,326 54,187,008 Linear Technology 26,090 976,288 LSI 2,548,746(b) 21,664,341 Maxim Integrated Products 90,475 2,869,867 NVIDIA 24,426(b) 803,371 PMC-Sierra 284,429(b) 2,198,636 Spansion Cl A 1,705,428(b) 16,747,303 Texas Instruments 150,702 5,179,628 United Microelectronics ADR 436,009(c) 1,430,110 Xilinx 79,254 2,336,408 --------------- Total 143,637,882 - ----------------------------------------------------------------------------------- SOFTWARE (2.5%) Adobe Systems 211,821(b) 8,803,281 Business Objects ADR 312,070(b,c) 11,705,746 Cadence Design Systems 98,066(b) 2,177,065 Citrix Systems 139,877(b) 4,559,990 Compuware 355,541(b) 3,509,190 Electronic Arts 26,091(b) 1,315,247 Microsoft 3,307,080 99,013,974 Oracle 907,987(b) 17,070,156 Quest Software 74,086(b) 1,260,203 Salesforce.com 27,318(b) 1,147,356 Symantec 1,076,931(b) 18,953,986 TIBCO Software 80,190(b) 731,333 Transaction Systems Architects 96,001(b) 3,046,112 --------------- Total 173,293,639 - ----------------------------------------------------------------------------------- SPECIALTY RETAIL (1.1%) AutoNation 26,569(b) 543,070 AutoZone 8,992(b) 1,196,296 Best Buy 127,082 5,928,375 Gap 48,335 867,613 Home Depot 326,224 12,354,103 Limited Brands 316,285 8,719,977 Lowe's Companies 590,966(e) 18,059,921 Office Depot 46,882(b) 1,576,173 OfficeMax 13,576 668,211 RadioShack 24,126 701,343 Sherwin-Williams 18,845 1,201,746 Staples 121,687 3,017,838 TJX Companies 796,999 22,228,302 --------------- Total 77,062,968 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) TEXTILES, APPAREL & LUXURY GOODS (0.1%) Jones Apparel Group 19,582 $653,843 Liz Claiborne 18,203 814,038 Nike Cl B 63,325 3,410,684 Polo Ralph Lauren 10,700 985,577 VF 15,585 1,368,519 --------------- Total 7,232,661 - ----------------------------------------------------------------------------------- THRIFTS & MORTGAGE FINANCE (1.7%) Countrywide Financial 1,758,920 65,220,753 Fannie Mae 465,461 27,424,962 Freddie Mac 384,924 24,935,377 --------------- Total 117,581,092 - ----------------------------------------------------------------------------------- TOBACCO (1.5%) Altria Group 1,403,554 96,732,942 Reynolds American 28,892 1,856,600 UST 27,115 1,536,878 --------------- Total 100,126,420 - ----------------------------------------------------------------------------------- WIRELESS TELECOMMUNICATION SERVICES (4.2%) ALLTEL 518,556 32,508,276 Clearwire Cl A 190,043(b,e) 3,407,471 Hutchison Telecommunications Intl 6,970,561(b,c) 14,293,651 Maxis Communications 1,801,586(c) 7,638,303 Millicom Intl Cellular 146,862(b,c) 11,932,538 Orascom Telecom Holding GDR 81,233(c,e) 5,466,981 Sprint Nextel 4,349,521 87,120,906 Vivo Participacoes ADR 1,354,534(c) 6,176,675 Vodafone Group 32,594,312(c) 92,725,700 Vodafone Group ADR 879,237(c) 25,260,479 --------------- Total 286,530,980 - ----------------------------------------------------------------------------------- TOTAL COMMON STOCKS (Cost: $5,698,192,504) $6,536,598,008 - -----------------------------------------------------------------------------------
OPTIONS PURCHASED (0.3%) EXERCISE EXPIRATION ISSUER CONTRACTS PRICE DATE VALUE(A) CALLS QUALCOMM 683 $50.00 Jan. 2008 $157,090 Virgin Media 21,744 27.50 June 2007 869,760 Virgin Media 7,244 27.50 Jan. 2008 1,358,250 - -------------------------------------------------------------------------------------------------------------------------- PUTS Mini Nasdaq 100 Index 7,542 177.50 June 2007 1,018,170 Nasdaq 100 Trust Series 1 114,589 44.00 June 2007 4,583,560 Oil Service Sector Index 404 215.00 Sept. 2007 278,760 XM Satellite Radio Holdings Cl A 27,519 15.00 Jan. 2008 10,594,815 - -------------------------------------------------------------------------------------------------------------------------- TOTAL OPTIONS PURCHASED (Cost: $28,536,846) $18,860,405 - --------------------------------------------------------------------------------------------------------------------------
See accompanying notes to investments in securities. - -------------------------------------------------------------------------------- 4 RIVERSOURCE LARGE CAP EQUITY FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007
MONEY MARKET FUND (5.7%)(f) SHARES VALUE(A) RiverSource Short-Term Cash Fund 385,377,429(j) $385,377,429 - ----------------------------------------------------------------------------------- TOTAL MONEY MARKET FUND (Cost: $385,377,429) $385,377,429 - ----------------------------------------------------------------------------------- TOTAL INVESTMENTS IN SECURITIES (Cost: $6,112,106,779)(k) $6,940,835,842 ===================================================================================
NOTES TO INVESTMENTS IN SECURITIES (a) Securities are valued by procedures described in Note 1 to the financial statements in the most recent Semiannual Report dated Jan. 31, 2007. (b) Non-income producing. (c) Foreign security values are stated in U.S. dollars. At April 30, 2007, the value of foreign securities represented 8.5% of net assets. (d) Shareholders of tracking stocks have a financial interest only in a unit or division of the company. Unlike the common stock of the company itself, a tracking stock usually has limited or no voting rights. In the event of a company's liquidation, tracking stock shareholders typically do not have a legal claim on the company's assets. (e) At April 30, 2007, security was partially or fully on loan. (f) Cash collateral received from security lending activity is invested in an affiliated money market fund and represents 1.4% of net assets. 4.3% of net assets is the Fund's cash equivalent position. (g) Identifies issues considered to be illiquid as to their marketability. These securities may be valued at fair value according to methods selected in good faith by the Fund's Board of Directors. Information concerning such security holdings at April 30, 2007, is as follows:
ACQUISITION SECURITY DATES COST - ---------------------------------------------------------------------------------------------------------- KKR Private Equity Investors LP Unit 05-01-06 thru 12-14-06 $26,779,715
(h) Partially pledged as initial margin deposit on the following open stock index futures contracts:
TYPE OF SECURITY CONTRACTS - ------------------------------------------------------------------------------ PURCHASE CONTRACTS S&P 500 Index, June 2007 24
(i) At April 30, 2007, securities valued at $137,531,184 were held to cover open call options written as follows:
EXERCISE EXPIRATION ISSUER CONTRACTS PRICE DATE VALUE(A) - -------------------------------------------------------------------------------------------------------------------------------- Virgin Media 21,744 $30 June 2007 $108,720 Virgin Media 7,244 30 Jan. 2008 742,510 XM Satellite Radio Holdings Cl A 27,519 20 Jan. 2008 756,773 - -------------------------------------------------------------------------------------------------------------------------------- Total value $1,608,003 - --------------------------------------------------------------------------------------------------------------------------------
At April 30, 2007, cash or short-term securities were designated to cover open put options written as follows:
EXERCISE EXPIRATION ISSUER CONTRACTS PRICE DATE VALUE(A) - -------------------------------------------------------------------------------------------------------------------------------- XM Satellite Radio Holdings Cl A 27,519 $12.50 Jan. 2008 $5,778,990
(j) Affiliated Money Market Fund -- The Fund may invest its daily cash balance in RiverSource Short-Term Cash Fund, a money market fund established for the exclusive use of the RiverSource funds and other institutional clients of RiverSource Investments. (k) At April 30, 2007, the cost of securities for federal income tax purposes was approximately $6,112,107,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was: Unrealized appreciation $906,661,000 Unrealized depreciation (77,932,000) - --------------------------------------------------------------------------------- Net unrealized appreciation $828,729,000 - ---------------------------------------------------------------------------------
The Global Industry Classification Standard (GICS) was developed by and is the exclusive property of Morgan Stanley Capital International Inc. and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. HOW TO FIND INFORMATION ABOUT THE FUND'S PORTFOLIO HOLDINGS (i) The Fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (Commission) for the first and third quarters of each fiscal year on Form N-Q; (ii) The Fund's Forms N-Q are available on the Commission's website at http://www.sec.gov; (iii)The Fund's Forms N-Q may be reviewed and copied at the Commission's Public Reference Room in Washington, DC (information on the operations of the Public Reference Room may be obtained by calling 1-800-SEC-0330); and (iv) The Fund's complete schedule of portfolio holdings, as disclosed in its annual and semiannual shareholder reports and in its filings on Form N-Q, can be found at riversource.com/funds. - -------------------------------------------------------------------------------- 5 RIVERSOURCE LARGE CAP EQUITY FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007 PORTFOLIO HOLDINGS FOR RIVERSOURCE LARGE CAP VALUE FUND AT APRIL 30, 2007 INVESTMENTS IN SECURITIES APRIL 30, 2007 (UNAUDITED) (Percentages represent value of investments compared to net assets)
COMMON STOCKS (95.1%) ISSUER SHARES VALUE(A) AEROSPACE & DEFENSE (4.6%) Boeing 6,588 $612,684 DRS Technologies 2,789 140,315 General Dynamics 4,362 342,417 Goodrich 9,798 556,918 Honeywell Intl 23,300 1,262,393 L-3 Communications Holdings 3,064 275,546 Lockheed Martin 6,094 585,877 Northrop Grumman 8,758 644,939 United Technologies 5,690 381,970 --------------- Total 4,803,059 - ----------------------------------------------------------------------------------- BEVERAGES (0.9%) Coca-Cola 6,767 353,170 Constellation Brands Cl A 4,720(b) 105,775 PepsiCo 6,525 431,237 --------------- Total 890,182 - ----------------------------------------------------------------------------------- BIOTECHNOLOGY (0.3%) Amgen 2,449(b) 157,079 Biogen Idec 3,125(b) 147,531 --------------- Total 304,610 - ----------------------------------------------------------------------------------- BUILDING PRODUCTS (0.3%) Masco 10,324 280,916 - ----------------------------------------------------------------------------------- CAPITAL MARKETS (4.9%) Bank of New York 12,408 502,276 Fortress Investment Group LLC Cl A 1,608 46,648 Franklin Resources 2,395 314,487 Goldman Sachs Group 1,473 322,013 KKR Private Equity Investors LP Unit 6,910(e) 168,604 Lehman Brothers Holdings 15,980 1,202,974 Merrill Lynch & Co 12,346 1,113,980 Morgan Stanley 14,559 1,223,101 State Street 3,673 252,960 --------------- Total 5,147,043 - ----------------------------------------------------------------------------------- CHEMICALS (1.3%) Ashland 1,544 92,563 Dow Chemical 16,925 755,024
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) CHEMICALS (CONT.) Eastman Chemical 4,239 $286,980 EI du Pont de Nemours & Co 5,247 257,995 --------------- Total 1,392,562 - ----------------------------------------------------------------------------------- COMMERCIAL BANKS (3.2%) Fifth Third Bancorp 2,535 102,896 PNC Financial Services Group 4,954 367,091 US Bancorp 20,788 714,068 Wachovia 20,445 1,135,515 Wells Fargo & Co 29,109 1,044,722 --------------- Total 3,364,292 - ----------------------------------------------------------------------------------- COMMERCIAL SERVICES & SUPPLIES (0.1%) Avery Dennison 1,476 91,807 - ----------------------------------------------------------------------------------- COMMUNICATIONS EQUIPMENT (1.3%) Alcatel-Lucent 1,757(c) 23,231 Alcatel-Lucent ADR 17,043(c) 225,820 Cisco Systems 5,868(b) 156,910 Motorola 17,372 301,057 Nokia ADR 8,927(b,c) 225,407 QUALCOMM 2,423 106,127 Telefonaktiebolaget LM Ericsson ADR 9,261(c) 353,492 --------------- Total 1,392,044 - ----------------------------------------------------------------------------------- COMPUTERS & PERIPHERALS (2.6%) Dell 4,296(b) 108,302 Hewlett-Packard 24,913 1,049,834 Intl Business Machines 12,235 1,250,539 SanDisk 5,900(b) 256,355 --------------- Total 2,665,030 - ----------------------------------------------------------------------------------- CONSTRUCTION & ENGINEERING (0.1%) KBR 4,350(b) 89,871 - ----------------------------------------------------------------------------------- CONSUMER FINANCE (1.5%) American Express 7,485 454,115 Capital One Financial 14,421 1,070,903 --------------- Total 1,525,018 - ----------------------------------------------------------------------------------- CONTAINERS & PACKAGING (0.3%) Temple-Inland 4,942 292,764 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) DIVERSIFIED FINANCIAL SERVICES (8.9%) Bank of America 69,530 $3,539,077 Citigroup 71,263 3,821,123 JPMorgan Chase & Co 35,995 1,875,340 --------------- Total 9,235,540 - ----------------------------------------------------------------------------------- DIVERSIFIED TELECOMMUNICATION SERVICES (4.5%) AT&T 57,862 2,240,416 Citizens Communications 8,884 138,324 Embarq 4,426 265,737 Verizon Communications 47,020 1,795,224 Windstream 17,067 249,520 --------------- Total 4,689,221 - ----------------------------------------------------------------------------------- ELECTRIC UTILITIES (3.3%) Entergy 6,825 772,181 Exelon 13,415 1,011,624 FPL Group 3,269 210,426 Hawaiian Electric Inds 3,224 84,856 Pinnacle West Capital 2,105 101,650 PPL 7,721 336,713 Progress Energy 2,032 102,718 Southern 22,021 832,173 --------------- Total 3,452,341 - ----------------------------------------------------------------------------------- ELECTRICAL EQUIPMENT (0.2%) Emerson Electric 4,654 218,691 - ----------------------------------------------------------------------------------- ENERGY EQUIPMENT & SERVICES (1.2%) Baker Hughes 1,531 123,077 Cameron Intl 2,361(b) 152,450 Halliburton 3,992 126,826 Natl Oilwell Varco 1,659(b) 140,766 Noble 1,423 119,831 Pride Intl 3,717(b) 121,955 Transocean 1,469(b) 126,628 Weatherford Intl 7,097(b) 372,521 --------------- Total 1,284,054 - ----------------------------------------------------------------------------------- FOOD & STAPLES RETAILING (1.0%) CVS/Caremark 10,892 394,726 Safeway 1,461 53,034 Wal-Mart Stores 13,148 630,053 --------------- Total 1,077,813 - -----------------------------------------------------------------------------------
See accompanying notes to investments in securities. - -------------------------------------------------------------------------------- 1 RIVERSOURCE LARGE CAP VALUE FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) FOOD PRODUCTS (1.2%) Campbell Soup 5,584 $218,334 General Mills 3,828 229,297 Kellogg 8,599 454,973 Kraft Foods Cl A 11,148 373,124 --------------- Total 1,275,728 - ----------------------------------------------------------------------------------- GAS UTILITIES (0.3%) ONEOK 7,333 354,991 - ----------------------------------------------------------------------------------- HEALTH CARE EQUIPMENT & SUPPLIES (0.6%) Bausch & Lomb 2,258 132,838 Boston Scientific 26,844(b) 414,472 Cooper Companies 2,174 111,091 --------------- Total 658,401 - ----------------------------------------------------------------------------------- HEALTH CARE PROVIDERS & SERVICES (1.5%) Aetna 10,333 484,411 Cardinal Health 7,499 524,554 CIGNA 1,817 282,707 McKesson 2,185 128,544 UnitedHealth Group 3,676 195,049 --------------- Total 1,615,265 - ----------------------------------------------------------------------------------- HOTELS, RESTAURANTS & LEISURE (0.9%) Carnival Unit 1,240 60,624 Marriott Intl Cl A 8,745 395,361 McDonald's 7,022 339,022 Pinnacle Entertainment 4,673(b) 131,218 --------------- Total 926,225 - ----------------------------------------------------------------------------------- HOUSEHOLD DURABLES (0.6%) DR Horton 13,621 302,114 Hovnanian Enterprises Cl A 8,385(b) 201,156 Lennar Cl A 2,030 86,701 Standard-Pacific 3,803 79,293 --------------- Total 669,264 - ----------------------------------------------------------------------------------- HOUSEHOLD PRODUCTS (1.0%) Colgate-Palmolive 6,489 439,565 Procter & Gamble 6,445 414,478 Spectrum Brands 32,223(b) 224,272 --------------- Total 1,078,315 - ----------------------------------------------------------------------------------- INDUSTRIAL CONGLOMERATES (2.7%) 3M 2,748 227,452 General Electric 55,463 2,044,366 Tyco Intl 15,898(c) 518,752 --------------- Total 2,790,570 - ----------------------------------------------------------------------------------- INSURANCE (6.9%) ACE 13,503(c) 802,888 AFLAC 8,570 439,984 American Intl Group 32,758 2,290,113 Aon 2,672 103,540 Arch Capital Group 1,821(b,c) 132,605 Aspen Insurance Holdings 3,993(c) 105,854 Chubb 5,971 321,419 Endurance Specialty Holdings 2,929(c) 109,603 Hartford Financial Services Group 13,130 1,328,757 MetLife 4,829 317,265
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) INSURANCE (CONT.) Prudential Financial 9,568 $908,960 XL Capital Cl A 3,316(c) 258,582 --------------- Total 7,119,570 - ----------------------------------------------------------------------------------- INTERNET & CATALOG RETAIL (0.3%) Liberty Media -- Interactive Cl A 13,912(b,d) 348,217 - ----------------------------------------------------------------------------------- IT SERVICES (1.1%) Affiliated Computer Services Cl A 6,957(b) 416,794 Automatic Data Processing 5,213 233,334 Electronic Data Systems 5,402 157,954 First Data 7,941 257,288 HCL Technologies 6,924(c) 56,201 --------------- Total 1,121,571 - ----------------------------------------------------------------------------------- LIFE SCIENCES TOOLS & SERVICES (0.1%) PerkinElmer 2,246 54,353 - ----------------------------------------------------------------------------------- MACHINERY (2.1%) Caterpillar 9,794 711,240 Deere & Co 4,358 476,765 Flowserve 4,865 296,814 Illinois Tool Works 2,504 128,480 Ingersoll-Rand Cl A 2,893(c) 129,172 ITT 3,018 192,579 Parker Hannifin 2,806 258,545 --------------- Total 2,193,595 - ----------------------------------------------------------------------------------- MEDIA (5.2%) Comcast Cl A 21,532(b) 574,043 Comcast Special Cl A 13,890(b) 366,696 EchoStar Communications Cl A 3,920(b) 182,398 Liberty Media -- Capital Series A 6(b,d) 678 News Corp Cl A 41,196 922,378 Time Warner 47,493 979,781 Viacom Cl B 7,642(b) 315,233 Virgin Media 39,227 989,696 Vivendi 13,719(c) 565,838 Walt Disney 15,984 559,120 --------------- Total 5,455,861 - ----------------------------------------------------------------------------------- METALS & MINING (0.5%) Alcan 1,749(c) 102,964 Alcoa 9,141 324,414 Freeport-McMoRan Copper & Gold 1,505 101,076 --------------- Total 528,454 - ----------------------------------------------------------------------------------- MULTILINE RETAIL (1.1%) Federated Department Stores 3,918 172,079 JC Penney 2,660 210,379 Target 12,256 727,639 --------------- Total 1,110,097 - ----------------------------------------------------------------------------------- MULTI-UTILITIES (1.1%) Dominion Resources 10,106 921,667 Xcel Energy 11,398 274,578 --------------- Total 1,196,245 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) OIL, GAS & CONSUMABLE FUELS (10.7%) Anadarko Petroleum 5,060 $236,100 BP ADR 4,155(c) 279,715 Chesapeake Energy 5,105 172,294 Chevron 30,543 2,375,940 ConocoPhillips 22,694 1,573,829 Devon Energy 4,737 345,185 Exxon Mobil 57,395 4,556,014 Range Resources 1,302 47,588 Royal Dutch Shell ADR 2,477(c) 171,780 Sunoco 1,439 108,688 Total 10,648(c) 784,866 Valero Energy 3,760 264,065 XTO Energy 2,414 131,008 --------------- Total 11,047,072 - ----------------------------------------------------------------------------------- PAPER & FOREST PRODUCTS (1.0%) Bowater 5,831 127,641 Intl Paper 10,255 386,819 Weyerhaeuser 7,148 566,264 --------------- Total 1,080,724 - ----------------------------------------------------------------------------------- PHARMACEUTICALS (5.7%) Bristol-Myers Squibb 29,571 853,419 Eli Lilly & Co 6,321 373,761 GlaxoSmithKline ADR 3,646(c) 210,666 Merck & Co 21,596 1,110,898 Novartis ADR 3,548(c) 206,103 Pfizer 83,796 2,217,241 Schering-Plough 17,853 566,476 Watson Pharmaceuticals 3,699(b) 100,983 Wyeth 5,369 297,980 --------------- Total 5,937,527 - ----------------------------------------------------------------------------------- REAL ESTATE INVESTMENT TRUSTS (REITS) (0.2%) Apartment Investment & Management Cl A 3,842 212,463 HomeBanc 6,808 19,062 --------------- Total 231,525 - ----------------------------------------------------------------------------------- SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (1.6%) Atmel 46,909(b) 249,556 Cypress Semiconductor 17,517(b) 399,738 Intel 23,870 513,205 LSI 20,494(b) 174,199 Spansion Cl A 30,143(b) 296,004 Texas Instruments 1,766 60,697 United Microelectronics ADR 6,552(c) 21,491 --------------- Total 1,714,890 - ----------------------------------------------------------------------------------- SOFTWARE (1.2%) Cadence Design Systems 4,556(b) 101,143 Compuware 16,440(b) 162,263 Microsoft 19,885 595,357 Oracle 9,350(b) 175,780 Quest Software 3,295(b) 56,048 Symantec 6,036(b) 106,234 TIBCO Software 3,692(b) 33,671 Transaction Systems Architects 1,666(b) 52,862 --------------- Total 1,283,358 - -----------------------------------------------------------------------------------
See accompanying notes to investments in securities. - -------------------------------------------------------------------------------- 2 RIVERSOURCE LARGE CAP VALUE FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) SPECIALTY RETAIL (0.8%) Home Depot 6,217 $235,438 Limited Brands 5,698 157,094 Lowe's Companies 6,399 195,553 TJX Companies 9,228 257,369 --------------- Total 845,454 - ----------------------------------------------------------------------------------- THRIFTS & MORTGAGE FINANCE (3.0%) Countrywide Financial 40,262 1,492,915 Fannie Mae 14,241 839,080 Freddie Mac 12,680 821,410 --------------- Total 3,153,405 - -----------------------------------------------------------------------------------
COMMON STOCKS (CONTINUED) ISSUER SHARES VALUE(A) TOBACCO (1.4%) Altria Group 21,344 $1,471,028 - ----------------------------------------------------------------------------------- WIRELESS TELECOMMUNICATION SERVICES (1.8%) ALLTEL 7,429 465,724 Sprint Nextel 48,606 973,579 Vodafone Group ADR 16,728(c) 480,595 --------------- Total 1,919,898 - ----------------------------------------------------------------------------------- TOTAL COMMON STOCKS (Cost: $82,846,001) $99,378,461 - -----------------------------------------------------------------------------------
MONEY MARKET FUND (4.8%) SHARES VALUE(A) RiverSource Short-Term Cash Fund 5,007,701(f) $5,007,701 - ----------------------------------------------------------------------------------- TOTAL MONEY MARKET FUND (Cost: $5,007,701) $5,007,701 - ----------------------------------------------------------------------------------- TOTAL INVESTMENTS IN SECURITIES (Cost: $87,853,702)(g) $104,386,162 ===================================================================================
NOTES TO INVESTMENTS IN SECURITIES (a) Securities are valued by procedures described in Note 1 to the financial statements in the most recent Semiannual Report dated Jan. 31, 2007. (b) Non-income producing. (c) Foreign security values are stated in U.S. dollars. At April 30, 2007, the value of foreign securities represented 5.5% of net assets. (d) Shareholders of tracking stocks have a financial interest only in a unit or division of the company. Unlike the common stock of the company itself, a tracking stock usually has limited or no voting rights. In the event of a company's liquidation, tracking stock shareholders typically do not have a legal claim on the company's assets. (e) Identifies issues considered to be illiquid as to their marketability. These securities may be valued at fair value according to methods selected in good faith by the Fund's Board of Directors. Information concerning such security holdings at April 30, 2007, is as follows:
ACQUISITION SECURITY DATES COST - -------------------------------------------------------------------------------------------- KKR Private Equity Investors LP Unit 05-01-06 $171,437
(f) Affiliated Money Market Fund -- The Fund may invest its daily cash balance in RiverSource Short-Term Cash Fund, a money market fund established for the exclusive use of the RiverSource funds and other institutional clients of RiverSource Investments. (g) At April 30, 2007, the cost of securities for federal income tax purposes was approximately $87,854,000 and the approximate aggregate gross unrealized appreciation and depreciation based on that cost was: Unrealized appreciation $17,335,000 Unrealized depreciation (803,000) - -------------------------------------------------------------------------------- Net unrealized appreciation $16,532,000 - --------------------------------------------------------------------------------
The Global Industry Classification Standard (GICS) was developed by and is the exclusive property of Morgan Stanley Capital International Inc. and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. HOW TO FIND INFORMATION ABOUT THE FUND'S PORTFOLIO HOLDINGS (i) The Fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (Commission) for the first and third quarters of each fiscal year on Form N-Q; (ii) The Fund's Forms N-Q are available on the Commission's website at http://www.sec.gov; (iii)The Fund's Forms N-Q may be reviewed and copied at the Commission's Public Reference Room in Washington, DC (information on the operations of the Public Reference Room may be obtained by calling 1-800-SEC-0330); and (iv) The Fund's complete schedule of portfolio holdings, as disclosed in its annual and semiannual shareholder reports and in its filings on Form N-Q, can be found at riversource.com/funds. - -------------------------------------------------------------------------------- 3 RIVERSOURCE LARGE CAP VALUE FUND -- PORTFOLIO HOLDINGS AT APRIL 30, 2007 Item 2. Control and Procedures. (a) Based upon their evaluation of the registrant's disclosure controls and procedures as conducted within 90 days of the filing date of this report, the registrant's principal financial officer and principal executive officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms. (b) There were no changes in the registrant's internal control over financial reporting that occurred during the registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting. Item 3. Exhibits. Separate certification for the Registrant's principal executive officer and principal financial officer as required by Rule 30a-2(a) under the Investment Company Act of 1940. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) RiverSource Large Cap Series, Inc. By /s/ Patrick T. Bannigan ---------------------------------- Patrick T. Bannigan President and Principal Executive Officer Date June 27, 2007 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated. By /s/ Patrick T. Bannigan ---------------------------------- Patrick T. Bannigan President and Principal Executive Officer Date June 27, 2007 By /s/ Jeffrey P. Fox ---------------------------------- Jeffrey P. Fox Treasurer and Principal Financial Officer Date June 27, 2007 EX-99.CERT 2 c15530exv99wcert.txt CERTIFICATION Certification Pursuant to 270.30a-2 of the Investment Company Act of 1940 I, Patrick T. Bannigan, certify that: 1. I have reviewed this report on Form N-Q of RiverSource Large Cap Series, Inc.; 2. 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; 3. Based on my knowledge, the schedule 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; 4. The registrant's other certifying officer 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: a) 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; b) 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 principals; c) 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 d) 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 5. The registrant's other certifying officer 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): a) 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 b) 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. Date: June 26, 2007 ------------------------------- /s/ Patrick T. Bannigan - ------------------------------------- Name: Patrick T. Bannigan Title: President and Principal Executive Officer Certification Pursuant to 270.30a-2 of the Investment Company Act of 1940 I, Jeffrey P. Fox, certify that: 1. I have reviewed this report on Form N-Q of RiverSource Large Cap Series, Inc.; 2. 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; 3. Based on my knowledge, the schedule 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; 4. The registrant's other certifying officer 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: a) 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; b) 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 principals; c) 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 d) 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 5. The registrant's other certifying officer 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): a) 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 b) 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. Date: June 26, 2007 ------------------------------- /s/ Jeffrey P. Fox - ------------------------------------- Name: Jeffrey P. Fox Title: Treasurer and Principal Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----