The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
Report for the Calendar Year or Quarter Ended: 12-31-2014
Check here if Amendment    Amendment Number:
This Amendment (Check only one.):    is a restatement.
   adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Russell Frank Co/
Address: 1301 Second Avenue
18th Floor
Seattle, WA  98101
Form 13F File Number: 028-01190

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Mark Swanson
Title: Global Head of Fund Services
Phone: 206-505-2086
Signature, Place, and Date of Signing:
/s/ Mark Swanson Seattle,  WA 02-05-2015
[Signature] [City, State] [Date]
Report Type (Check only one.):
X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
   13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
   13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 93
Form 13F Information Table Entry Total: 10,907
Form 13F Information Table Value Total: 57,190,764
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Form 13F File Number Name
1 28-11022 Aberdeen Asset Management Asia Limited
2 28-05990 Acadian Asset Management, LLC
3 28-05508 AJO, LP
4 28-03570 AllianceBernstein Canada, Inc.
5 28-03570 AllianceBernstein L.P.
6 28-10120 AQR Capital Management, LLC
7 28-06758 Arbor Capital Management, LLC
8 28-06126 Armstrong Shaw Associates Inc.
9 28-05508 Aronson+Johnson+Ortiz, LP
10 28-10005 Arrowstreet Capital, Limited Partnership
11 28-05615 Axiom International Investors LLC
12 28-01006 Barrow, Hanley, Mewhinney & Strauss, LLC
13 28-10210 BlackRock Capital Management, Inc.
14 28-12820 Brigade Capital Management, LLC
15 28-07760 Cardinal Capital Management, L.L.C.
16 28-11308 Ceredex Value Advisors LLC
17 28-06462 Chartwell Investment Partners, Inc.
18 28-12126 ClariVest Asset Management LLC
19 28-11197 Cohen & Steers Capital Management, Inc.
20 28-14423 Colonial First State Asset Management Australia (Limited)
21 28-10449 Columbus Circle Investors
22 28-10029 Conestoga Capital Advisors, LLC
23 28-14668 Copeland Capital Management, LLC
24 28-11628 Copper Rock Capital Partners LLC
25 28-05923 Cornerstone Capital Management LLC
26 28-14218 del Rey Global Investors, LLC
27 28-05267 Delaware Investment Advisers
28 28-05267 Delaware Investment Advisers, a Series of Delaware Management Business Trust
29 28-05267 Delaware Management Company, a Series of Delaware Management Business Trust
30 28-05268 DePrince, Race & Zollo, Inc.
31 28-14070 EAM Investors, LLC
32 28-10968 Epoch Investment Partners, Inc.
33 28-13995 Everest Capital, LLC
34 28-06687 FAF Advisors, Inc.
35 28-10492 Falcon Point Capital, LLC
36 28-00450 Fidelity Management & Research Company
37 28-01267 Fiduciary Management Associates LLC
38 28-11858 Foyston, Gordon & Payne Inc.
39 28-10957 Genesis Asset Managers, LLP
40 28-10957 Genesis Fund Managers, LLP
41 28-10312 Goldman Sachs Asset Management, L.P.
42 28-04434 Harding Loevner LP
43 28-02013 Harris Associates L.P.
44 28-04321 Heitman Real Estate Securities LLC
45 28-11957 Hillsdale Investment Management Inc.
46 28-13328 HS Management Partners, LLC
47 28-13410 Impax Asset Management Ltd
48 28-00016 Institutional Capital LLC
49 28-04211 INTECH Investment Management LLC
50 28-11246 Invesco Advisers, Inc.
51 28-11246 Invesco Institutional (N.A.), Inc.
52 28-00694 J.P. Morgan Investment Management Inc.
53 28-03059 Jacobs Levy Equity Management, Inc.
54 28-06588 Lazard Asset Management LLC
55 28-12154 Levin Capital Strategies, L.P.
56 28-13243 Mar Vista Investment Partners, LLC
57 28-04034 McKinley Capital Management, LLC
58 28-04968 MFS Institutional Advisors, Inc.
59 28-04968 MFS International U.K. Limited
60 28-11450 Mondrian Investment Partners Limited
61 28-03432 Morgan Stanley Investment Management Inc.
62 28-12202 Netols Asset Management, Inc.
63 28-06277 Next Century Growth Investors, LLC
64 28-11946 Numeric Investors LLC
65 28-14498 Nuveen Asset Management, LLC
66 28-05050 Oaktree Capital Management, L.P.
67 28-04383 Old Mutual Investment Group (South Africa) Pty. Ltd.
68 28-03530 Omega Advisors, Inc.
69 28-03042 PanAgora Asset Management, Inc.
70 28-11726 Passport Capital, LLC
71 28-11296 PENN Capital Management Company, Inc.
72 28-10527 Perkins Investment Management, LLC
73 28-11073 Polaris Capital Management, LLC
74 28-03791 Pzena Investment Management, LLC
75 28-11311 Ranger Investment Management, L.P.
76 28-10228 RBC Global Asset Management (U.S.) Inc.
77 28-04760 RREEF America L.L.C.
78 28-01090 Russell Trust Company
79 28-14100 Sanders Capital, LLC
80 28-06282 Schneider Capital Management Corporation
81 28-12115 Signia Capital Management, LLC
82 28-10613 Snow Capital Management L.P.
83 28-03426 Suffolk Capital Management, LLC
84 28-11507 Summit Creek Advisors LLC
85 28-11076 Sustainable Growth Advisers, LP
86 28-04329 TCW/Scoggin, LLC
87 28-06605 Thornburg Investment Management, Inc.
88 28-12572 Tradewinds Global Investors, LLC
89 28-02682 UBS Global Asset Management (Americas) Inc.
90 28-12592 Walter Scott & Partners Limited
91 28-04557 Wellington Management Company, LLP
92 28-05046 Westwood Management Corporation
93 28-04871 William Blair & Company, LLC